Common use of Investment Authority Clause in Contracts

Investment Authority. In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Corporation, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with the Executive.

Investment Authority. (a) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants. Company shall have the Executiveright, at anytime, and from time to time in its sole discretion, to substitute assets of equal fair market value for any asset held by the Trust.

Investment Authority. (a) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely exercised by Trustee or the person designated (b) The Trustee shall have the power to invest and reinvest the Trust in accordance with the directions "Investment Guidelines" attached hereto as Appendix B, as directed by the Board of Directors of the Corporation, Company or by the Trustee or the person designated Committee appointed by the Trustee, and shall in no event be exercisable by or rest with the Executiveit.

Investment Authority. In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants. Company shall have the Executiveright, at anytime, and from time to time in its sole discretion, to substitute assets of equal fair market value for any asset held by the Trust.

Investment Authority. In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with the ExecutiveParticipant.

Investment Authority. In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants. The Company shall have the Executiveright, at anytime, and from time to time in its sole discretion, to substitute assets of equal fair market value for any asset held by the Trust.

Investment Authority. In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with the ExecutivePlan Participant.

Investment Authority. In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Corporation, other than a de minimis minimus amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, exercised solely in accordance with the directions of the Corporation, Corporation (acting through the MD&C Committee) by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by by, or rest with the with, Executive.

Investment Authority. In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with the ExecutiveParticipants. VI.

Investment Authority. In no event may the Trustee invest Invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount amounts held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with the Executive.Employee. 4

Investment Authority. In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with the ExecutivePlan participants.

Investment Authority. a. In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants. Company shall have the Executiveright, at any time, and from time to time in its sole discretion, to substitute assets of equal fair market value for any asset held by the Trust.

Investment Authority. (A) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants. SECTION 6 DISPOSITION OF INCOME (A) During the Executiveterm of this Trust, all income received by the Trust, net of expenses and taxes, shall be accumulated and reinvested.

Investment Authority. In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Company (or affiliated corporations within the Corporationsame commonly controlled group), other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with the ExecutiveParticipants.

Investment Authority. In no event may shall the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with the ExecutiveLEG or his spouse.

Investment Authority. (a) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the CorporationCompany, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised, solely in accordance with the directions of the Corporation, exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with the ExecutivePlan participants.