Common use of Additional Plans Clause in Contracts

Additional Plans. In the event the Committee designates additional Plans that are subject to this Trust Agreement, or the Plans subject to this Trust Agreement are amended, after a Potential Change in Control or Change in Control, the Treasurer of the Company shall, unless the Trust Corpus shall theretofore have been released pursuant to Section 9.1 hereof, recalculate the Benefits Fund Amount. If the amount so calculated exceeds the fair market value of the assets then held in trust in the Benefits Fund, the Company shall promptly (and in no event later than thirty (30) days from the date of such recalculation):

Appears in 2 contracts

Samples: Trust Agreement (Sunoco Inc), Trust Agreement (Sunoco Inc)

AutoNDA by SimpleDocs

Additional Plans. In the event the Compensation Committee designates additional Plans that are subject to this Trust Agreement, or the Plans subject to this Trust Agreement are amended, after a Potential Change in Control or Change in Control, the Treasurer of the Company shall, unless the Trust Corpus shall theretofore have been released pursuant to Section 9.1 hereof, recalculate the Benefits Fund Amount. If the amount so calculated exceeds the fair market value of the assets then held in trust in the Benefits Fund, the Company shall promptly (and in no event later than thirty (30) days from the date of such recalculation):

Appears in 2 contracts

Samples: Deferred Compensation and Benefits Trust Agreement (Sunoco Inc), Deferred Compensation and Benefits Trust Agreement (Sunoco Inc)

Additional Plans. In the event the Compensation Committee designates ---------------- additional Plans that are subject to this Trust Agreement, or the Plans subject to this Trust Agreement are amended, after a Potential Change in Control or Change in Control, the Treasurer of the Company shall, unless the Trust Corpus shall theretofore have been released pursuant to Section 9.1 hereof, recalculate the Benefits Fund Required Funding Amount. If the amount so calculated exceeds the fair market value of the assets then held in trust in (excluding the Benefits Legal Defense Fund), the Company shall promptly (and in no event later than thirty (30) days from the date of such recalculation):

Appears in 1 contract

Samples: Sunoco Inc

Additional Plans. In the event the Compensation Committee designates additional Plans that are subject to this Trust Agreement, or the Plans subject to this Trust Agreement are amended, amended after a Potential Change in Control or Change in ControlControl of the Company, the Treasurer of the Company shall, unless the Trust Corpus shall theretofore have been released pursuant to Section 9.1 hereof, recalculate the Benefits Fund Required Funding Amount. If the amount so calculated exceeds the fair market value of the assets then held in trust in the Benefits Fundtrust, the Company shall promptly (and in no event later than thirty (30) days from the date of such recalculation):

Appears in 1 contract

Samples: Benefits Trust Agreement (Sunoco Inc)

AutoNDA by SimpleDocs

Additional Plans. In the event the Committee designates additional ---------------- Plans that are subject to this Trust Agreement, or the Plans subject to this Trust Agreement are amended, after a Potential Change in Control or Change in Control, the Treasurer of the Company shall, unless the Trust Corpus shall theretofore have been released pursuant to Section 9.1 hereof, recalculate the Benefits Fund Required Funding Amount. If the amount so calculated exceeds the fair market value of the assets then held in trust in (excluding the Benefits Legal Defense Fund), the Company shall promptly (and in no event later than thirty (30) days from the date of such recalculation):

Appears in 1 contract

Samples: Sunoco Inc

Additional Plans. In the event the Committee designates additional Plans that are subject to this Trust Agreement, or the Plans subject to this Trust Agreement are amended, amended after a Potential Change in Control or Change in ControlControl of the Company, the Treasurer of the Company shall, unless the Trust Corpus shall theretofore have been released pursuant to Section 9.1 hereof, recalculate the Benefits Fund Required Funding Amount. If the amount so calculated exceeds the fair market value of the assets then held in trust in the Benefits Fundtrust, the Company shall promptly (and in no event later than thirty (30) days from the date of such recalculation):

Appears in 1 contract

Samples: Trust Agreement (Sunoco Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.