Common use of ADMINISTRATION UPON CHANGE IN CONTROL Clause in Contracts

ADMINISTRATION UPON CHANGE IN CONTROL. In the event of a Change in Control, the authority of the Committee to administer the Trust and direct the Trustee, as set forth in Section 2.1 above, shall cease, and the Trustee shall have complete authority to administer the Trust.

Appears in 9 contracts

Samples: Master Trust Agreement (Wh Holdings Cayman Islands LTD), Amended Trust Agreement (Callaway Golf Co /Ca), Master Trust Agreement (Haynes International Inc)

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ADMINISTRATION UPON CHANGE IN CONTROL. In the event of a Change in Control, the authority of the Committee, its delegate, and any person authorized by the Committee to administer the Trust and direct the Trustee, as set forth in Section 2.1 above, shall cease, and the Trustee Administrator shall have complete authority to administer the Trust.

Appears in 2 contracts

Samples: Master Trust Agreement (RPM International Inc/De/), Master Trust Agreement (RPM Inc/Oh/)

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ADMINISTRATION UPON CHANGE IN CONTROL. In the event of a Change in Control, the authority of the Committee to administer the Trust and direct the Trustee, as set forth in Section 2.1 above, shall cease, and the Trustee shall have complete authority to administer the Trust.. 2.3

Appears in 1 contract

Samples: Master Trust Agreement (Dixie Group Inc)

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