Common use of Insurance Contracts Clause in Contracts

Insurance Contracts. (a) To the extent that the Trustee is directed by the Company prior to a Change in Control to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Company. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

Appears in 12 contracts

Samples: Grantor Trust Agreement (SJW Corp), Grantor Trust Agreement (Technitrol Inc), Grantor Trust Agreement (Oshkosh Corp)

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Insurance Contracts. (a) To the extent that the Trustee is directed by the Company prior to a Change in Control to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Company. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

Appears in 5 contracts

Samples: Grantor Trust Agreement (Cryo Cell International Inc), Corporation Grantor Trust Agreement (Alcoa Corp), Compensation Plan Trust (Smart & Final Stores, Inc.)

Insurance Contracts. (a) To the extent that the Trustee is directed by the Company prior to a Change in of Control to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Company. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

Appears in 5 contracts

Samples: Ibc Rabbi Trust Agreement (Interstate Bakeries Corp/De/), Grantor Trust Agreement (Conocophillips), Grantor Trust Agreement (Innotrac Corp)

Insurance Contracts. (a) To the extent that the Trustee is directed by the Company prior to a Change in of Control or by the Investment Committee after a Change of Control to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Company. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

Appears in 5 contracts

Samples: Trust Agreement (Pacific Gas & Electric Co), Trust Agreement (Pg&e Corp), Trust Agreement (Middleby Corp)

Insurance Contracts. (a) To the extent that the Trustee is directed by the Company prior to a Change in Control to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Company. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

Appears in 3 contracts

Samples: Non Qualified Savings Plan Rabbi Trust Agreement (Lri Holdings, Inc.), Compensation Plan Trust Agreement (Darden Restaurants Inc), Grantor Trust Agreement (Darden Restaurants Inc)

Insurance Contracts. (a) To the extent that the Trustee is directed by the Company prior to a Change in of Control to invest make payments from part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Company. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

Appears in 3 contracts

Samples: Grantor Trust Agreement (Certegy Inc), Grantor Trust Agreement (Equifax Inc), Grantor Trust Agreement (Certegy Inc)

Insurance Contracts. (a) To the extent that the Trustee is directed by the Company prior to a Change in Control Triggering Event to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Company. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

Appears in 2 contracts

Samples: Director Compensation Trust Agreement (Allete Inc), Deferred Compensation Trust Agreement (Allete Inc)

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Insurance Contracts. (a) To the extent that the Trustee is directed by the Company prior to a CNF Change in Control to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Company. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

Appears in 2 contracts

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

Insurance Contracts. (a) 8.1 To the extent that the Trustee is directed by the Company prior to a Change in Control Control, or by the Administrator after a Change in Control, to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the CompanyCommittee or the Administrator, as appropriate. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

Appears in 1 contract

Samples: Trust Agreement (Alico Inc)

Insurance Contracts. (a) To the extent that the Trustee is directed by the Company prior to a the Change in Control to invest part or all of the Fund in the name of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Company. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

Appears in 1 contract

Samples: Grantor Trust Agreement (Altria Group, Inc.)

Insurance Contracts. (a) To the extent that the Trustee is directed by the Company prior to a Change in Control to invest part or all of the Trust Fund in insurance contracts, the Trustee shall follow such direction, and the type and amount thereof shall be specified by the Company. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.

Appears in 1 contract

Samples: Boys Grantor Trust Agreement (Pep Boys Manny Moe & Jack)

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