Common use of Purposes of the Trust Clause in Contracts

Purposes of the Trust. The Trust is and shall constitute an irrevocable trust created pursuant to the provisions of section 302(c) of the Labor Management Relations Act, 1947, as amended, for the benefit of Employees and Beneficiaries to provide death benefits, accidental death and dismemberment benefits, accident and health insurance, hospital benefits and such other benefits as the Trustees shall determine in their discretion, subject to the provisions of applicable law, to Employees and Beneficiaries who meet the requirements to receive such benefits as established by the Trustees.

Appears in 8 contracts

Sources: Agreement and Declaration of Trust, Agreement and Declaration of Trust, Agreement and Declaration of Trust