Resignation of Trustee. The Trustee may resign at any time by delivering its written resignation to Grantor and the Beneficiaries’ Representative. Such resignation shall take effect sixty (60) days from the date of delivery or upon appointment of a successor pursuant to Section 5.3, whichever shall first occur.
Appears in 4 contracts
Sources: Officers’ Indemnification Trust Agreement (Microsoft Corp), Indemnification Agreement (Microsoft Corp), Indemnification Agreement (Microsoft Corp)
Resignation of Trustee. The Prior to a Change in Control, the Trustee may resign at any time by delivering its written resignation notice to Grantor and the Beneficiaries’ RepresentativeCompany. Such The resignation shall take effect be effective sixty (60) days from after receipt of the date of delivery or notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon the appointment of a successor pursuant to Section 5.3, whichever shall first occurTrustee.
Appears in 4 contracts
Sources: Executive Severance Agreement (Spartan Stores Inc), Executive Severance Agreement (Spartan Stores Inc), Executive Severance Agreement (Spartan Stores Inc)
Resignation of Trustee. The Trustee may resign at any time by delivering filing its written resignation to with Grantor and the Beneficiaries’ Representative. Such resignation shall take effect sixty (60) days from the date of delivery such filing or upon appointment of a successor pursuant to Section 5.3, whichever shall first occur.
Appears in 3 contracts
Sources: Indemnification Trust Agreement (Pinnacle Entertainment Inc), Officers’ Indemnification Trust Agreement (Microsoft Corp), Indemnification Trust Agreement (Microsoft Corp)
Resignation of Trustee. The A Trustee may resign at any time by delivering its upon at least 30 days’ written resignation notice to Grantor and the Beneficiaries’ Representative. Such resignation shall take effect sixty (60) days from the date of delivery or upon appointment of a successor pursuant to Section 5.3, whichever shall first occurPrimary Employer.
Appears in 3 contracts
Sources: Defined Contribution Plan and Trust (Comstock Resources Inc), Defined Contribution Plan and Trust (Triad Guaranty Inc), 401(k) Profit Sharing Plan Adoption Agreement (Atlas America Inc)
Resignation of Trustee. The Trustee Any of the Trustees or any successor thereto may resign as Trustee hereunder at any time by upon delivering its a written resignation notice of such resignation, to Grantor and the Beneficiaries’ Representative. Such resignation shall take effect sixty (60) days from after the date delivery thereof to the Secretary of delivery or upon appointment the Company, unless the Board of Directors accepts shorter notice; provided, however, that no such resignation shall be effective until a successor pursuant to Section 5.3, whichever shall first occurSuccessor Trustee has assumed the office of Trustee hereunder.
Appears in 2 contracts
Sources: Stock Employee Compensation Trust (Questech Inc), Stock Employee Compensation Trust Agreement (Stock Employee Compensation Trust)
Resignation of Trustee. The Trustee may resign at any time by delivering its written resignation notice to Grantor and the Beneficiaries’ Representative. Such resignation Company, which shall take effect be effective sixty (60) days from after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the Continuing Directors, specifying a date (not less than sixty (60) days after the giving of delivery or upon appointment of a successor pursuant to Section 5.3, whichever such notice) when such resignation shall first occurtake effect.
Appears in 2 contracts
Sources: Directors' Deferred Compensation and Benefits Trust Agreement (Sunoco Inc), Deferred Compensation and Benefits Trust Agreement (Sunoco Inc)
Resignation of Trustee. The Trustee may resign at any time by delivering its written resignation ---------------------- notice to Grantor and the Beneficiaries’ Representative. Such resignation Company, which shall take effect be effective sixty (60) days from after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of delivery or upon appointment of a successor pursuant to Section 5.3, whichever such notice) when such resignation shall first occurtake effect.
Appears in 2 contracts
Sources: Deferred Compensation and Benefits Trust Agreement (Sunoco Inc), Directors' Deferred Compensation and Benefits Trust Agreement (Sunoco Inc)
Resignation of Trustee. The Trustee may resign at any time by delivering its written resignation notice to Grantor and the Beneficiaries’ Representative. Such resignation Employer, which shall take effect be effective sixty (60) calendar days from after receipt of such notice unless the date of delivery or upon appointment of a successor pursuant to Section 5.3, whichever shall first occurEmployer and the Trustee agree otherwise.
Appears in 2 contracts
Sources: Non Qualified Plan Trust Agreement (Weingarten Realty Investors /Tx/), Trust Agreement (Fremont General Corp)
Resignation of Trustee. The Trustee or any successor thereto may resign as Trustee hereunder at any time by upon delivering its a written resignation notice of such resignation, to Grantor and take effect 60 days after the Beneficiaries’ Representative. Such delivery thereof to the Committee, unless the Committee accepts shorter notice; provided, however, that no such resignation shall take effect sixty (60) days from the date of delivery or upon appointment of be effective until a successor pursuant to Section 5.3, whichever shall first occurTrustee has assumed the office of Trustee hereunder.
Appears in 2 contracts
Sources: Employee Benefits Trust Agreement (Airgas Inc), Employee Stock Trust Agreement (Hanover Foods Corp /Pa/)
Resignation of Trustee. The Trustee may resign at any time by delivering its written resignation to Grantor and the Beneficiaries’ Representative. Such resignation shall take effect sixty upon seven (607) days from written notice delivered to the date of delivery or upon appointment of a successor pursuant to Section 5.3, whichever shall first occurCorporation.
Appears in 1 contract
Sources: Salary Deferred Compensation Agreement (Stewart Information Services Corp)
Resignation of Trustee. The Trustee trustee may resign at any time resign by delivering its written resignation providing to Grantor the Grantors and the Beneficiaries’ Representative. Such resignation Board written notice of the resignation, which shall take effect sixty (60) days from the date of delivery thereafter or upon appointment of the prior acceptance thereof; provided that such resignation will not be effective until a successor pursuant to Trustee has been appointed in conformity with Section 5.3, whichever shall first occur8 hereof.
Appears in 1 contract
Sources: Trust Agreement (Stephens Group Inc)
Resignation of Trustee. The Any Trustee may resign at any time by delivering its ---------------------- filing with the Company written resignation to Grantor and resignation, which will be effective thirty days after receipt thereof by the Beneficiaries’ Representative. Such resignation shall take effect sixty (60) days from Company, upon the date of delivery or upon prior appointment of a successor pursuant to Section 5.3, whichever shall first occurTrustee or upon such other date as may be mutually agreed upon.
Appears in 1 contract
Sources: Employee Stock Ownership and Profit Participation Plan (BNS Co)
Resignation of Trustee. The Any Trustee may resign at any time by delivering its filing with the Company his or her written resignation to Grantor and resignation, which will be effective thirty days after receipt thereof by the Beneficiaries’ Representative. Such resignation shall take effect sixty (60) days from Company, upon the date of delivery or upon prior appointment of a successor pursuant to Section 5.3Trustee or Trustees, whichever shall first occur.or upon such other date as may be mutually agreed upon
Appears in 1 contract
Sources: Employee Stock Ownership Plan and Trust Agreement (Starrett L S Co)
Resignation of Trustee. The Trustee may resign at any time upon 90 days prior written notice to the Trust Administrator, which notice may be waived by delivering its written resignation to Grantor and the Beneficiaries’ Representative. Such resignation shall take effect sixty (60) days from the date of delivery or upon appointment of a successor pursuant to Section 5.3, whichever shall first occur.Trust Administrator.
Appears in 1 contract
Resignation of Trustee. The Any Trustee may resign at any time by delivering its filing with the Company his or her written resignation to Grantor and resignation, which will be effective thirty days after receipt thereof by the Beneficiaries’ Representative. Such resignation shall take effect sixty (60) days from Company, upon the date of delivery or upon prior appointment of a successor pursuant to Section 5.3, whichever shall first occurTrustee or upon such other date as may be mutually agreed upon.
Appears in 1 contract
Sources: Employee Stock Ownership Plan and Trust Agreement (Starrett L S Co)
Resignation of Trustee. The Trustee and any successors in trust --------------------------------- may resign at any time as Trustee hereunder by delivering its filing with the Company a written resignation to Grantor and the Beneficiaries’ Representative. Such resignation, which resignation shall take effect sixty (60) days from after the date thereof, unless prior thereto a successor Trustee shall have been appointed. If no successor Trustee is appointed within sixty days after such resignation is received by the Company, the Trustee may apply to a court of delivery or upon competent jurisdiction for appointment of a successor pursuant to Section 5.3, whichever shall first occurTrustee.
Appears in 1 contract
Sources: Employee Stock Ownership Trust (Colgate Palmolive Co)
Resignation of Trustee. The Trustee may resign at any time by delivering its written resignation to Grantor and notifying the Beneficiaries’ RepresentativeCompany in writing. Such The resignation shall take effect sixty (60) upon the earlier of the appointment of a successor under Section 6.3 or 60 days from the date of delivery or upon appointment of a successor pursuant to Section 5.3, whichever shall first occurthe notice is given.
Appears in 1 contract
Sources: Trust Agreement (Andersen Group Inc)
Resignation of Trustee. The Trustee may resign at any time by delivering to the Employer, at least 30 days before its effective date, a written resignation to Grantor and the Beneficiaries’ Representative. Such resignation shall take effect sixty (60) days from the date notice of delivery or upon appointment of a successor pursuant to Section 5.3, whichever shall first occurhis resignation.
Appears in 1 contract
Sources: Employee Stock Ownership Plan and Trust (Uwharrie Capital Corp)
Resignation of Trustee. The Trustee may resign at any time without cause by delivering its giving at least 60 days' prior written notice to the Manager and each Unitholder, such resignation to Grantor and be effective upon the Beneficiaries’ Representative. Such resignation shall take effect sixty (60) days from the date acceptance of delivery or upon appointment of by a successor pursuant to Trustee in accordance with Section 5.3, whichever shall first occur11.3.
Appears in 1 contract
Sources: Business Trust Agreement (Kevco Partners Investment Trust)
Resignation of Trustee. The Trustee may resign at any time by delivering its written resignation notice thereof to Grantor and the Beneficiaries’ Representative. Such Company; provided, however, that no such resignation shall take effect until the earlier of (i) sixty (60) days from the date of delivery of such notice to the Company or upon (ii) the appointment of a successor pursuant trustee. Notwithstanding the foregoing, following a Change of Control, the Trustee's resignation shall not be effective until a successor trustee has been appointed and is ready to Section 5.3, whichever shall first occuract Hereunder.
Appears in 1 contract
Sources: Trust Agreement (Avon Products Inc)
Resignation of Trustee. The Trustee may resign at any time by delivering its written resignation to Grantor and the Beneficiaries’ Representative. Such resignation shall take effect sixty giving thirty (6030) days from written notice to the date Company. The Board of delivery or upon appointment Directors of a successor pursuant the Company may remove the Trustee at any time by giving thirty (30) days written notice to Section 5.3, whichever shall first occur.the Trustee. In the case of the
Appears in 1 contract
Sources: Stock Trust Agreement (Central Louisiana Electric Co Inc)
Resignation of Trustee. The Trustee may resign at any time by delivering its written resignation notice thereof to Grantor and the Beneficiaries’ Representative. Such Company; provided, however, that no such resignation shall take effect until the earlier of (i) sixty (60) days from the date of delivery of such notice to the Company or upon (ii) the appointment of a successor pursuant trustee. Notwithstanding the foregoing, following a Change in Control, the Trustee's resignation shall not be effective until a successor trustee has been appointed and is ready to Section 5.3, whichever shall first occuract hereunder.
Appears in 1 contract
Sources: Grantor Trust Agreement (Alumax Inc)
Resignation of Trustee. The Trustee may resign at any time by delivering its written notice thereof to the Company; provided, however, that no such resignation to Grantor and the Beneficiaries’ Representative. Such resignation shall will take effect until the earlier of (i) sixty (60) days from the date of delivery of such notice to the Company or upon (ii) the appointment of a successor pursuant to Section 5.3, whichever shall first occurtrustee.
Appears in 1 contract
Sources: Trust Agreement (Dell Computer Corp)