Common use of Exclusive Benefit of Employees Clause in Contracts

Exclusive Benefit of Employees. This Agreement has been made, and this Plan and Trust created, for the exclusive benefit of the Company's full time employees and their beneficiaries. The terms of this Plan are intended to comply with the provisions of Sections 401(a), 501(a) and 401(k) of the Internal Revenue Code of 1986 as amended from time to time, and Treasury Department Regu- lations in connection therewith in order that the Plan and Trust may qualify for tax exemption. Under no circumstances shall any part of the principal or income of the Plan and Trust be used for, or revert to, the Company, or be used for, or diverted to, any pur- poses other than for the exclusive benefit of the employees and their beneficiaries. This Plan and Trust shall not be construed, however, as giving any employee, or any other person, any right, legal or equitable as against the Company, the Trustees, or the principal or income of the Trust, except as specifically provided for herein, nor shall it be construed as giving any employee the right to remain with the Company or in the Company's employment.

Exclusive Benefit of Employees. This Agreement has been made, and this Plan and Trust created, for the exclusive benefit of the Company's ’s full time employees and their beneficiaries. The terms of this Plan are intended to comply with the provisions present pro-visions of Sections 401(a), 409, 501(a) and 401(k4975(d)(3) and (e)(7) of the Internal Revenue Code of 1986 Code, and as amended from time to timethey may hereafter be amended, and Treasury Department Regu- lations Regulations in connection therewith therewith, in order that the Plan and Trust may qualify for tax exemption. Under no circumstances shall any part of the principal or income of the Plan and Trust be used for, or revert to, the Company, or be used for, or diverted to, any pur- poses purposes other than for the exclusive benefit of the employees and their beneficiaries. This Plan and Trust shall not be construed, however, as giving any employee, or any other person, any right, legal or equitable as against the Company, the Trustees, Trustees or the principal or income of the Trust, except as specifically provided for herein, nor shall it be construed con-strued as giving any employee the right to remain with the Company or in the Company's ’s employment.

Exclusive Benefit of Employees. This Agreement has been made, and this Plan and Trust created, for the exclusive benefit of the Company's ’s full time employees and their beneficiaries. The terms of this Plan are intended to comply with the present provisions of Sections 401(a), 409, 501(a) and 401(k4975(d)(3) and (e)(7) of the Internal Revenue Code of 1986 Code, and as amended from time to timethey may hereafter be amended, and Treasury Department Regu- lations Regulations in connection therewith therewith, in order that the Plan and Trust may qualify for tax exemption. Under no circumstances shall any part of the principal or income of the Plan and Trust be used for, or revert to, the Company, or be used for, or diverted to, any pur- poses purposes other than for the exclusive benefit of the employees and their beneficiaries. This Plan and Trust shall not be construed, however, as giving any employee, or any other person, any right, legal or equitable as against the Company, the Trustees, Trustees or the principal or income of the Trust, except as specifically provided for herein, nor shall it be construed as giving any employee the right to remain with the Company or in the Company's ’s employment.

Exclusive Benefit of Employees. This Agreement has been made, and this Plan and Trust created, for the exclusive benefit of the Company's full time employees and their beneficiaries. The terms of this Plan are intended to comply with the provisions of Sections 401(a), 501(a) and 401(k) of the Internal Revenue Code of 1986 as amended from time to time, and Treasury Department Regu- Regu-lations in connection therewith in order that the Plan and Trust may qualify for tax exemption. Under no circumstances shall any part of the principal or income of the Plan and Trust be used for, or revert to, the Company, or be used for, or diverted to, any pur- pur-poses other than for the exclusive benefit of the employees and their beneficiaries. This Plan and Trust shall not be construed, however, as giving any employee, or any other person, any right, legal or equitable as against the Company, the Trustees, or the principal or income of the Trust, except as specifically provided for herein, nor shall it be construed as giving any employee the right to remain with the Company or in the Company's ’s employment.

Exclusive Benefit of Employees. This Agreement has been made, and this Plan and Trust created, for the exclusive benefit of the Company's full time employees and their beneficiaries. The terms of this Plan are intended to comply with the provisions of Sections 401(a), 501(a) and 401(k) of the Internal Revenue Code of 1986 as amended from time to time, and Treasury Department Regu- Regu-lations in connection therewith in order that the Plan and Trust may qualify for tax exemption. Under no circumstances shall any part of the principal or income of the Plan and Trust be used for, or revert to, the Company, or be used for, or diverted to, any pur- pur-poses other than for the exclusive benefit of the employees and their beneficiaries. This Plan and Trust shall not be construed, however, as giving any employee, or any other person, any right, legal or equitable as against the Company, the Trustees, or the principal or income of the Trust, except as specifically provided for herein, nor shall it be construed as giving any employee the right to remain with the Company or in the Company's employment.

Exclusive Benefit of Employees. This Agreement has been made, and this Plan and Trust created, for the exclusive benefit of the Company's full time employees and their beneficiaries. The terms of this Plan are intended to comply with the provisions present pro- visions of Sections 401(a), 409A, 501(a) and 401(k4975(d)(3) and (e)(7) of the Internal Revenue Code of 1986 Code, and as amended from time to timethey may hereafter be amended, and Treasury Department Regu- lations Regulations in connection therewith therewith, in order that the Plan and Trust may qualify for tax exemption. Under no circumstances shall any part of the principal or income of the Plan and Trust be used for, or revert to, the Company, or be used for, or diverted to, any pur- poses purposes other than for the exclusive benefit of the employees and their beneficiaries. This Plan and Trust shall not be construed, however, as giving any employee, or any other person, any right, legal or equitable as against the Company, the Trustees, Trustees or the principal or income of the Trust, except as specifically provided for herein, nor shall it be construed con- strued as giving any employee the right to remain with the Company or in the Company's employment.

Exclusive Benefit of Employees. This Agreement has been made, and this Plan and Trust created, for the exclusive benefit of the Company's full time employees and their beneficiaries. The terms of this Plan are intended to comply with the provisions present pro-visions of Sections 401(a), 409A, 501(a) and 401(k4975(d)(3) and (e)(7) of the Internal Revenue Code of 1986 Code, and as amended from time to timethey may hereafter be amended, and Treasury Department Regu- lations Regulations in connection therewith therewith, in order that the Plan and Trust may qualify for tax exemption. Under no circumstances shall any part of the principal or income of the Plan and Trust be used for, or revert to, the Company, or be used for, or diverted to, any pur- poses purposes other than for the exclusive benefit of the employees and their beneficiaries. This Plan and Trust shall not be construed, however, as giving any employee, or any other person, any right, legal or equitable as against the Company, the Trustees, Trustees or the principal or income of the Trust, except as specifically provided for herein, nor shall it be construed con-strued as giving any employee the right to remain with the Company or in the Company's employment.