Substitution of Trustees. In the event any new trustee is substituted ------------------------ for any Trustee pursuant to the Plan, such substitute trustee shall also be substituted as a Trustee hereunder.
Appears in 3 contracts
Sources: Management Recognition Plan and Trust Agreement (Innes Street Financial Corp), Management Recognition Plan and Trust Agreement (Scotland Bancorp Inc), Management Recognition Plan and Trust Agreement (South Street Financial Corp)
Substitution of Trustees. In the event any new trustee is substituted ------------------------ for any Trustee pursuant to the Plan, such substitute trustee shall also be substituted as a Trustee hereunder.
Appears in 1 contract