Common use of Final Account Clause in Contracts

Final Account. If the Trustee resigns or is removed, and unless the Company accepts without exception the Trustee's final account, the Trustee (or its representative) may settle its account either (a) by beginning an action to procure a judicial settlement or (b) by agreeing on a settlement with the Company.

Appears in 7 contracts

Samples: Employment Agreement (TBC Corp), Employment Agreement (TBC Corp), Employment Agreement (TBC Corp)

AutoNDA by SimpleDocs

Final Account. If the Trustee dies, resigns or is removed, and unless the Company accepts without exception the Trustee's final account, the Trustee (or its his representative) may settle its account either (a) by beginning an action to procure a judicial settlement or (b) by agreeing on a settlement with the Company.

Appears in 1 contract

Samples: First Master Benefit Trust Agreement (Amcast Industrial Corp)

Final Account. If the Trustee resigns or is removed, and unless the Company accepts without exception the Trustee's final account, the Trustee (or its his representative) may settle its account either (a) by beginning an action to procure a judicial settlement or (b) by agreeing on a settlement with the Company.

Appears in 1 contract

Samples: Trust Agreement (Amcast Industrial Corp)

AutoNDA by SimpleDocs

Final Account. If the Trustee dissolves, resigns or is removed, and unless the Company each Participating Employer accepts without exception the Trustee's final account, the Trustee (or its representative) may settle its account either (a) by beginning an action to procure a judicial settlement or (b) by agreeing on a settlement with the CompanyParticipating Employers.

Appears in 1 contract

Samples: Master Benefit Trust Agreement (Huffy Corp)

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