Common use of Directed Trustee Clause in Contracts

Directed Trustee. A Trustee is a Directed Trustee to the extent that the Trustee’s investment powers are subject to the direction of another person. See Section 12.2(b).

Appears in 2 contracts

Sources: Defined Contribution Plan and Trust (National Penn Bancshares Inc), Defined Contribution Prototype Plan and Trust Agreement (Mercantile Bancorp, Inc.)

Directed Trustee. A Trustee is a Directed Trustee to the extent that the Trustee’s 's investment powers are subject to the direction of another person. See Section 12.2(b).

Appears in 1 contract

Sources: Profit Sharing/401(k) Prototype Plan and Trust (Capital Corp of the West)

Directed Trustee. A Trustee is a Directed Trustee to the extent that the Trustee’s investment powers are subject to the direction of another person. See Section 12.2(b).

Appears in 1 contract

Sources: Governmental Nonstandardized Defined Contribution Plan