Common use of Trust is Irrevocable Clause in Contracts

Trust is Irrevocable. This Trust Agreement during the term of the trust shall be irrevocable by the Stockholder and the Company and their Affiliates and shall terminate only in accordance with, and to the extent of, the provisions of Paragraph 7 hereof.

Appears in 2 contracts

Sources: Voting Trust Agreement (YRC Worldwide Inc.), Voting Trust Agreement (Banco Santander Central Hispano Sa)