Common use of Disposition of Income Clause in Contracts

Disposition of Income. (a) Prior to a Change in Control, all income received by the Trust, net of expenses and taxes, may be returned to the Company or accumulated and reinvested within the Trust at the direction of the Company.

Appears in 12 contracts

Samples: Corporation Grantor Trust Agreement (Alcoa Corp), Grantor Trust Agreement (Oshkosh Corp), Grantor Trust Agreement (Alcoa Corp)

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Disposition of Income. (a) Prior to a Change in of Control, all income received by the Trust, net of expenses and taxes, may be returned to the Company at the written direction of the Company or accumulated and reinvested within the Trust at the direction of the CompanyTrust.

Appears in 1 contract

Samples: Deferred Compensation Trust Agreement (Wolverine Tube Inc)

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