{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [0, 15]}, {"key": "authorized-transaction", "type": "definition", "offset": [20, 42]}, {"key": "the-advisor", "type": "definition", "offset": [44, 55]}, {"key": "not-limited", "type": "clause", "offset": [160, 171]}, {"key": "placing-an-order", "type": "clause", "offset": [179, 195]}, {"key": "broker-list", "type": "clause", "offset": [223, 234]}, {"key": "the-execution", "type": "clause", "offset": [239, 252]}, {"key": "to-the-trustee", "type": "clause", "offset": [299, 313]}, {"key": "in-connection-with", "type": "clause", "offset": [354, 372]}, {"key": "settlement-of", "type": "clause", "offset": [377, 390]}], "snippet": "With respect to any Authorized Transaction, the Advisor may take any and all action necessary or desirable to effect such Authorized Transaction, including but not limited to (A) placing an order with a broker named in the Broker List for the execution of the Authorized Transaction and (B) issuing to the Trustee such instructions as may be appropriate in connection with the settlement of such Authorized Transaction.", "samples": [{"hash": "jIQ9uJuDBZx", "uri": "/contracts/jIQ9uJuDBZx#investment-authority", "label": "Investment Advisor Agreement (American Bar Association Members State Street Collective Tr)", "score": 19.0, "published": true}, {"hash": "jG8pw6WUWZk", "uri": "/contracts/jG8pw6WUWZk#investment-authority", "label": "Investment Advisor Agreement (American Bar Association Members State Street Collective Tr)", "score": 19.0, "published": true}, {"hash": "j3qYaH7ktKE", "uri": "/contracts/j3qYaH7ktKE#investment-authority", "label": "Investment Advisor Agreement (American Bar Association Members State Street Collective Tr)", "score": 19.0, "published": true}], "size": 59, "hash": "bb02e16815fa97bdabcf4b4fca5cb4c6", "id": 1}, {"snippet_links": [{"key": "the-sub", "type": "clause", "offset": [0, 7]}, {"key": "to-the-extent", "type": "clause", "offset": [54, 67]}, {"key": "section-2", "type": "definition", "offset": [84, 93]}, {"key": "authority-to-purchase", "type": "clause", "offset": [106, 127]}, {"key": "open-positions", "type": "definition", "offset": [145, 159]}, {"key": "not-limited", "type": "clause", "offset": [219, 230]}, {"key": "interest-rate-swaps", "type": "definition", "offset": [234, 253]}, {"key": "credit-default-swaps", "type": "clause", "offset": [258, 278]}, {"key": "financial-futures-contracts-and-options", "type": "clause", "offset": [281, 320]}, {"key": "investment-instruments", "type": "definition", "offset": [379, 401]}, {"key": "by-the-fund", "type": "clause", "offset": [445, 456]}, {"key": "the-registration-statement", "type": "clause", "offset": [477, 503]}, {"key": "brokerage-accounts", "type": "clause", "offset": [548, 566]}, {"key": "futures-and-options", "type": "clause", "offset": [581, 600]}, {"key": "name-of-the-fund", "type": "clause", "offset": [704, 720]}, {"key": "for-and-on-behalf-of", "type": "clause", "offset": [739, 759]}, {"key": "customer-agreements", "type": "clause", "offset": [793, 812]}, {"key": "securities-and-other-property", "type": "definition", "offset": [878, 907]}, {"key": "the-custodian", "type": "definition", "offset": [990, 1003]}, {"key": "and-maintenance", "type": "clause", "offset": [1047, 1062]}, {"key": "payments-of-cash", "type": "clause", "offset": [1103, 1119]}, {"key": "cash-equivalents", "type": "definition", "offset": [1121, 1137]}], "snippet": "The Sub-Advisor\u2019s investment authority shall include, to the extent permitted under Section 2 hereof, the authority to purchase, sell, and cover open positions, and generally to deal in securities, swaps (including but not limited to interest rate swaps and credit default swaps), financial futures contracts and options thereon, currency transactions, and other derivatives and investment instruments and techniques as may be permitted for use by the Fund and consistent with the Registration Statement. The Sub-Advisor may: (i) open and maintain brokerage accounts for financial futures and options and securities (such accounts hereinafter referred to as \u201cBrokerage Accounts\u201d) on behalf of and in the name of the Fund; and (ii) execute for and on behalf of the Brokerage Accounts, standard customer agreements with a broker or brokers. The Sub-Advisor may, using such of the securities and other property in the Brokerage Accounts as the Sub-Advisor deems necessary or desirable, direct the custodian to deposit on behalf of the Fund, original and maintenance brokerage deposits and otherwise direct payments of cash, cash equivalents and securities and other property into such brokerage accounts and to such brokers as the Sub-Advisor deems desirable or appropriate.", "samples": [{"hash": "i5RMYURYibA", "uri": "/contracts/i5RMYURYibA#investment-authority", "label": "Investment Sub Advisory Agreement (Forward Funds)", "score": 20.1608486176, "published": true}, {"hash": "h6PsMDRl15o", "uri": "/contracts/h6PsMDRl15o#investment-authority", "label": "Investment Sub Advisory Agreement (Forward Funds)", "score": 19.6652984619, "published": true}, {"hash": "aE3e9lG7Ue9", "uri": "/contracts/aE3e9lG7Ue9#investment-authority", "label": "Investment Sub Advisory Agreement (Forward Funds)", "score": 19.6625595093, "published": true}], "size": 55, "hash": "a5bfbd7e12ef18209f19f343f4bf1134", "id": 2}, {"snippet_links": [{"key": "authority-to-purchase", "type": "clause", "offset": [53, 74]}, {"key": "sell-securities", "type": "clause", "offset": [79, 94]}, {"key": "not-limited", "type": "clause", "offset": [126, 137]}, {"key": "interest-rate-swaps", "type": "definition", "offset": [141, 160]}, {"key": "credit-default-swaps", "type": "clause", "offset": [193, 213]}, {"key": "financial-futures-contracts-and-options", "type": "clause", "offset": [216, 255]}, {"key": "investment-instruments", "type": "definition", "offset": [314, 336]}, {"key": "by-the-fund", "type": "clause", "offset": [380, 391]}, {"key": "the-registration-statement", "type": "clause", "offset": [412, 438]}, {"key": "brokerage-accounts", "type": "clause", "offset": [479, 497]}, {"key": "futures-and-options", "type": "clause", "offset": [512, 531]}, {"key": "name-of-the-fund", "type": "clause", "offset": [635, 651]}, {"key": "for-and-on-behalf-of", "type": "clause", "offset": [670, 690]}, {"key": "customer-agreements", "type": "clause", "offset": [724, 743]}, {"key": "securities-and-other-property", "type": "definition", "offset": [805, 834]}, {"key": "the-custodian", "type": "definition", "offset": [913, 926]}, {"key": "and-maintenance", "type": "clause", "offset": [970, 985]}, {"key": "payments-of-cash", "type": "clause", "offset": [1026, 1042]}, {"key": "cash-equivalents", "type": "definition", "offset": [1044, 1060]}, {"key": "person-associated-with", "type": "definition", "offset": [1232, 1254]}, {"key": "trading-advisor", "type": "definition", "offset": [1297, 1312]}, {"key": "by-the-adviser", "type": "clause", "offset": [1322, 1336]}, {"key": "pursuant-to-section-8", "type": "clause", "offset": [1337, 1358]}, {"key": "agreement-to", "type": "definition", "offset": [1367, 1379]}, {"key": "the-exchange", "type": "clause", "offset": [1406, 1418]}, {"key": "the-account", "type": "clause", "offset": [1423, 1434]}, {"key": "the-us", "type": "clause", "offset": [1486, 1493]}, {"key": "securities-exchange-act-of-1934", "type": "definition", "offset": [1495, 1526]}, {"key": "as-amended", "type": "definition", "offset": [1528, 1538]}, {"key": "retention-of", "type": "clause", "offset": [1607, 1619]}, {"key": "compensation-for", "type": "clause", "offset": [1620, 1636]}, {"key": "in-accordance-with", "type": "definition", "offset": [1655, 1673]}], "snippet": "The Adviser\u2019s investment authority shall include the authority to purchase and sell securities, options, swaps (including but not limited to interest rate swaps, inflation swaps, swaptions and credit default swaps), financial futures contracts and options thereon, currency transactions, and other derivatives and investment instruments and techniques as may be permitted for use by the Fund and consistent with the Registration Statement. The Adviser may: (i) open and maintain brokerage accounts for financial futures and options and securities (such accounts hereinafter referred to as \u201cBrokerage Accounts\u201d) on behalf of and in the name of the Fund; and (ii) execute for and on behalf of the Brokerage Accounts, standard customer agreements with a broker or brokers. The Adviser may, using such of the securities and other property in the Brokerage Accounts as the Adviser deems necessary or desirable, direct the custodian to deposit on behalf of the Fund, original and maintenance brokerage deposits and otherwise direct payments of cash, cash equivalents and securities and other property into such brokerage accounts and to such brokers as the Adviser deems desirable or appropriate. The Fund hereby authorizes any entity or person associated with the Adviser or any sub-adviser or futures trading advisor retained by the Adviser pursuant to Section 8 of this Agreement to effect any transaction on the exchange for the account of the Fund which is permitted by Section 11(a) of the U.S. Securities Exchange Act of 1934, as amended, and Rule 11a2-2(T) thereunder, and the Fund hereby consents to the retention of compensation for such transactions in accordance with Rule 11a2-2(T)(a)(2)(iv).", "samples": [{"hash": "a8BBI12f8H3", "uri": "/contracts/a8BBI12f8H3#investment-authority", "label": "Investment Advisory Agreement (Tidal Trust V)", "score": 35.59137577, "published": true}, {"hash": "4E2xtqg03cd", "uri": "/contracts/4E2xtqg03cd#investment-authority", "label": "Investment Advisory Agreement (Tidal Trust II)", "score": 35.377822876, "published": true}, {"hash": "aoWCA8Jf06f", "uri": "/contracts/aoWCA8Jf06f#investment-authority", "label": "Investment Advisory Agreement (Tidal Trust II)", "score": 35.3367538452, "published": true}], "size": 36, "hash": "4bfb7166fcb8e6bb6cdc3eef2458a1ed", "id": 5}, {"snippet_links": [{"key": "trustee-shall", "type": "definition", "offset": [4, 17]}, {"key": "applicable-law", "type": "definition", "offset": [82, 96]}, {"key": "all-rights", "type": "clause", "offset": [146, 156]}, {"key": "associated-with", "type": "definition", "offset": [157, 172]}, {"key": "assets-of-the-trust", "type": "clause", "offset": [173, 192]}, {"key": "by-the-trustee", "type": "clause", "offset": [212, 226]}, {"key": "in-no-event", "type": "clause", "offset": [237, 248]}, {"key": "full-power-and-authority", "type": "clause", "offset": [317, 341]}, {"key": "written-instruction", "type": "definition", "offset": [348, 367]}, {"key": "to-invest", "type": "clause", "offset": [369, 378]}, {"key": "permitted-by-law", "type": "clause", "offset": [425, 441]}, {"key": "subject-to", "type": "clause", "offset": [443, 453]}, {"key": "investment-guidelines", "type": "clause", "offset": [458, 479]}, {"key": "exhibit-b", "type": "definition", "offset": [492, 501]}, {"key": "amendment-to", "type": "definition", "offset": [517, 529]}, {"key": "without-limiting-the-generality-of-the-foregoing", "type": "clause", "offset": [555, 603]}, {"key": "in-common-stock", "type": "clause", "offset": [695, 710]}, {"key": "preferred-stock", "type": "definition", "offset": [712, 727]}, {"key": "mutual-funds", "type": "clause", "offset": [729, 741]}, {"key": "certificates-of-deposit", "type": "clause", "offset": [773, 796]}, {"key": "commercial-paper", "type": "clause", "offset": [798, 814]}, {"key": "evidences-of-indebtedness", "type": "clause", "offset": [825, 850]}, {"key": "issued-by", "type": "definition", "offset": [868, 877]}, {"key": "other-securities", "type": "definition", "offset": [917, 933]}, {"key": "policies-of", "type": "definition", "offset": [935, 946]}, {"key": "life-insurance", "type": "clause", "offset": [947, 961]}, {"key": "annuity-contracts", "type": "definition", "offset": [963, 980]}, {"key": "sell-securities", "type": "clause", "offset": [1000, 1015]}, {"key": "other-assets", "type": "definition", "offset": [1019, 1031]}, {"key": "the-assets", "type": "clause", "offset": [1163, 1173]}, {"key": "savings-accounts", "type": "definition", "offset": [1195, 1211]}, {"key": "other-deposits", "type": "clause", "offset": [1242, 1256]}, {"key": "reasonable-interest-rate", "type": "definition", "offset": [1270, 1294]}, {"key": "a-bank", "type": "clause", "offset": [1298, 1304]}, {"key": "department-of", "type": "clause", "offset": [1331, 1344]}, {"key": "the-united-states", "type": "definition", "offset": [1388, 1405]}, {"key": "any-state", "type": "definition", "offset": [1409, 1418]}, {"key": "all-property", "type": "clause", "offset": [1461, 1473]}, {"key": "to-sell", "type": "clause", "offset": [1528, 1535]}, {"key": "this-trust", "type": "definition", "offset": [1634, 1644]}, {"key": "otherwise-dispose-of", "type": "definition", "offset": [1650, 1670]}, {"key": "from-time-to-time", "type": "clause", "offset": [1680, 1697]}, {"key": "terms-and-conditions", "type": "definition", "offset": [1750, 1770]}, {"key": "the-rights", "type": "clause", "offset": [1843, 1853]}, {"key": "an-owner", "type": "clause", "offset": [1880, 1888]}, {"key": "other-sums", "type": "clause", "offset": [1947, 1957]}, {"key": "necessary-for", "type": "definition", "offset": [1986, 1999]}, {"key": "protection-of-the", "type": "clause", "offset": [2004, 2021]}, {"key": "corporate-stock", "type": "clause", "offset": [2046, 2061]}, {"key": "in-person", "type": "clause", "offset": [2069, 2078]}, {"key": "power-of-substitution", "type": "clause", "offset": [2108, 2129]}, {"key": "participate-in", "type": "definition", "offset": [2150, 2164]}, {"key": "voting-trusts", "type": "clause", "offset": [2165, 2178]}, {"key": "pooling-agreements", "type": "clause", "offset": [2180, 2198]}, {"key": "in-connection", "type": "definition", "offset": [2277, 2290]}, {"key": "deposit-securities", "type": "definition", "offset": [2305, 2323]}, {"key": "transfer-title", "type": "clause", "offset": [2333, 2347]}, {"key": "other-committee", "type": "definition", "offset": [2369, 2384]}, {"key": "to-exercise", "type": "clause", "offset": [2437, 2448]}, {"key": "stock-subscriptions", "type": "clause", "offset": [2457, 2476]}, {"key": "conversion-rights", "type": "definition", "offset": [2480, 2497]}, {"key": "regardless-of-any", "type": "clause", "offset": [2503, 2520]}, {"key": "securities-or-other-property", "type": "definition", "offset": [2640, 2668]}, {"key": "exercise-of", "type": "clause", "offset": [2690, 2701]}, {"key": "liability-for-interest", "type": "clause", "offset": [2760, 2782]}, {"key": "in-its-discretion", "type": "clause", "offset": [2822, 2839]}, {"key": "reasonable-under-the-circumstances", "type": "definition", "offset": [2850, 2884]}, {"key": "payments-of-expenses", "type": "clause", "offset": [2909, 2929]}, {"key": "distribution-of-benefits", "type": "clause", "offset": [2937, 2961]}, {"key": "appointment-of-agents", "type": "clause", "offset": [3122, 3143]}, {"key": "other-jurisdictions", "type": "definition", "offset": [3164, 3183]}, {"key": "to-transfer", "type": "clause", "offset": [3219, 3230]}, {"key": "to-delegate", "type": "clause", "offset": [3393, 3404]}, {"key": "to-employ", "type": "clause", "offset": [3469, 3478]}, {"key": "investment-advisors", "type": "definition", "offset": [3502, 3521]}, {"key": "reasonably-necessary", "type": "clause", "offset": [3572, 3592]}, {"key": "to-pay", "type": "clause", "offset": [3598, 3604]}, {"key": "reasonable-compensation", "type": "clause", "offset": [3610, 3633]}, {"key": "claims-and-demands", "type": "clause", "offset": [3672, 3690]}, {"key": "in-favor-of", "type": "clause", "offset": [3691, 3702]}, {"key": "the-trust-assets", "type": "clause", "offset": [3714, 3730]}, {"key": "title-to-property-of-the-trust", "type": "clause", "offset": [3745, 3775]}, {"key": "the-individual", "type": "clause", "offset": [3812, 3826]}, {"key": "name-of-the-trustee", "type": "clause", "offset": [3827, 3846]}, {"key": "further-rights", "type": "clause", "offset": [3968, 3982]}, {"key": "the-laws", "type": "definition", "offset": [4075, 4083]}, {"key": "state-of-state", "type": "definition", "offset": [4091, 4105]}, {"key": "upon-the-trustee", "type": "definition", "offset": [4132, 4148]}, {"key": "limitation-of", "type": "clause", "offset": [4172, 4185]}, {"key": "addition-thereto", "type": "definition", "offset": [4234, 4250]}, {"key": "borrow-money", "type": "clause", "offset": [4259, 4271]}, {"key": "promissory-notes", "type": "definition", "offset": [4327, 4343]}, {"key": "other-obligations", "type": "definition", "offset": [4358, 4375]}, {"key": "actions-and-proceedings", "type": "clause", "offset": [4600, 4623]}, {"key": "to-the-extent", "type": "clause", "offset": [4804, 4817]}, {"key": "the-claim", "type": "definition", "offset": [4823, 4832]}, {"key": "investment-funds", "type": "definition", "offset": [5148, 5164]}, {"key": "the-investment-company-act-of-1940", "type": "clause", "offset": [5182, 5216]}, {"key": "with-respect-to", "type": "clause", "offset": [5238, 5253]}, {"key": "an-affiliate", "type": "clause", "offset": [5275, 5287]}, {"key": "the-investment-adviser", "type": "clause", "offset": [5291, 5313]}, {"key": "other-services", "type": "definition", "offset": [5326, 5340]}, {"key": "insurance-policy", "type": "clause", "offset": [5362, 5378]}, {"key": "to-fund", "type": "definition", "offset": [5393, 5400]}, {"key": "benefits-of", "type": "clause", "offset": [5405, 5416]}, {"key": "the-plans", "type": "clause", "offset": [5417, 5426]}, {"key": "other-acts", "type": "definition", "offset": [5446, 5456]}, {"key": "administration-of-the-trust-fund", "type": "clause", "offset": [5495, 5527]}, {"key": "absolute-owner", "type": "clause", "offset": [5556, 5570]}, {"key": "section-5", "type": "definition", "offset": [5605, 5614]}, {"key": "responsibility-for", "type": "clause", "offset": [5666, 5684]}, {"key": "the-performance", "type": "clause", "offset": [5685, 5700]}, {"key": "as-trustee", "type": "clause", "offset": [5755, 5765]}, {"key": "trust-agreement", "type": "clause", "offset": [5777, 5792]}, {"key": "to-the-trustee", "type": "clause", "offset": [5829, 5843]}, {"key": "agreement-or", "type": "definition", "offset": [5867, 5879]}, {"key": "the-objective", "type": "clause", "offset": [5960, 5973]}, {"key": "carrying-on-a-business", "type": "clause", "offset": [5977, 5999]}, {"key": "meaning-of", "type": "definition", "offset": [6044, 6054]}, {"key": "the-procedure", "type": "clause", "offset": [6077, 6090]}, {"key": "administrative-regulations", "type": "clause", "offset": [6095, 6121]}, {"key": "the-code", "type": "clause", "offset": [6146, 6154]}, {"key": "invest-in", "type": "clause", "offset": [6184, 6193]}, {"key": "rights-to-acquire-stock", "type": "clause", "offset": [6225, 6248]}, {"key": "by-the-company", "type": "clause", "offset": [6272, 6286]}, {"key": "de-minimis-amount", "type": "clause", "offset": [6301, 6318]}, {"key": "investment-vehicles", "type": "definition", "offset": [6334, 6353]}], "snippet": "The Trustee shall have, without exclusion, all powers conferred on the Trustee by applicable law, unless expressly provided otherwise herein, and all rights associated with assets of the Trust shall be exercised by the Trustee and shall in no event be exercisable by or rest with Participants. The Trustee shall have full power and authority, upon written instruction, to invest and reinvest the Trust Fund in any investment permitted by law, subject to any investment guidelines provided in Exhibit B hereto and any amendment to such Exhibit, including, without limiting the generality of the foregoing, the power:\n(a) To invest and reinvest the Trust Fund, together with the income therefrom, in common stock, preferred stock, mutual funds, bonds, mortgages, notes, time certificates of deposit, commercial paper and other evidences of indebtedness (including those issued by the Trustee or any of its affiliates), other securities, policies of life insurance, annuity contracts, options to buy or sell securities or other assets, and other property of any kind (personal, real or mixed, and tangible or intangible);\n(b) To deposit or invest all or any part of the assets of the Trust Fund in savings accounts or certificates of deposit or other deposits which bear a reasonable interest rate in a bank, including the commercial department of the Trustee, if such bank is supervised by the United States or any state;\n(c) To hold, manage, improve and control all property, real or personal, forming part of the Trust Fund and to sell, convey, transfer, exchange, partition, lease for any term, even extending beyond the duration of this Trust, and otherwise dispose of the same from time to time in such manner for such consideration and upon such terms and conditions as the Trustee shall determine;\n(d) To have, respecting securities, all the rights, powers and privileges of an owner, including the power to give proxies, pay assessments and other sums deemed by the Trustee to be necessary for the protection of the Trust Fund, to vote any corporate stock either in person or by proxy, with or without power of substitution for any purpose; to participate in voting trusts, pooling agreements, foreclosures, reorganizations, consolidations, mergers and liquidations and, in connection therewith, to deposit securities with and transfer title to any protective or other committee under such terms as the Trustee may deem advisable; to exercise or sell stock subscriptions or conversion rights; and regardless of any limitation elsewhere in this document relative to investment by the Trustee, to accept and retain as an investment any securities or other property received through the exercise of any of the foregoing powers;\n(e) To hold in cash, without liability for interest, such portion of the Trust Fund which, in its discretion, shall be reasonable under the circumstances, pending investments or payments of expenses or the distribution of benefits;\n(f) To take such actions as may be necessary or desirable to protect the Trust Fund from loss due to the default on mortgages held in the Trust, including the appointment of agents or trustees in such other jurisdictions as the Trustee may deem desirable, to transfer property to such agents or trustees, to grant such powers as are necessary or desirable to protect the Trust or its assets, to direct such agents or trustees, or to delegate such power to direct and to remove such agents or trustees;\n(g) To employ such agents, including investment advisors, custodians, sub-custodians and counsel as may be reasonably necessary, and to pay them reasonable compensation, to settle, compromise or abandon all claims and demands in favor of or against the Trust assets;\n(h) To cause title to property of the Trust to be issued, held or registered in the individual name of the Trustee or in the name of its nominee(s) or agents, or in such form that title will pass by delivery;\n(i) To exercise all of the further rights, powers, options and privileges granted, provided for or vested in trustees generally under the laws of the State of state, so that powers conferred upon the Trustee herein shall not be in limitation of any authority conferred by law, but shall be in addition thereto;\n(j) To borrow money from any source (including the Trustee) and to execute promissory notes, mortgages or other obligations and to pledge or mortgage any Trust assets as security;\n(k) To lend certificates representing stocks, bonds or other securities to any brokerage or other firm selected by the Trustee;\n(l) To institute, compromise and defend actions and proceedings, to pay or contest any claim, to settle a claim by or against the Trustee by compromise, arbitration or otherwise to release, in whole or in part, any claim belonging to the Trust to the extent that the claim is uncollectible;\n(m) To use securities, depositories or custodians and to allow such securities as may be held by a depository or custodian to be registered in the name of such depository or its nominee or in the name of such custodian or its nominee;\n(n) To invest the Trust Fund from time to time in one or more investment funds registered under the Investment Company Act of 1940 (including companies with respect to which the Trustee or an affiliate is the investment adviser or provides other services);\n(o) To purchase an insurance policy or an annuity to fund the benefits of the Plans; and\n(p) To do all other acts necessary or desirable for the proper administration of the Trust Fund, as if the Trustee were the absolute owner thereof. However, nothing in this Section 5 shall be construed to mean the Trustee assumes any responsibility for the performance of any investment made by the Trustee in its capacity as trustee under this Trust Agreement. Notwithstanding any powers granted to the Trustee pursuant to this Trust Agreement or applicable law, the Trustee shall not have any power that could give this Trust the objective of carrying on a business and dividing the gains therefrom within the meaning of Section 301.7701-2 of the Procedure and Administrative Regulations promulgated pursuant to the Code. In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which the Trustee invests.", "samples": [{"hash": "g3CgxDB1qpu", "uri": "/contracts/g3CgxDB1qpu#investment-authority", "label": "Executive Rabbi Trust Agreement", "score": 31.3408622742, "published": true}, {"hash": "i8ZbarmMO9x", "uri": "/contracts/i8ZbarmMO9x#investment-authority", "label": "Trust Agreement (Novoste Corp /Fl/)", "score": 21.0, "published": true}, {"hash": "5FRGw7caWy2", "uri": "/contracts/5FRGw7caWy2#investment-authority", "label": "Employee Rabbi Trust Agreement (Novoste Corp /Fl/)", "score": 21.0, "published": true}], "size": 44, "hash": "37de3dff8cac736ad4ac9d982ce0dd44", "id": 3}, {"snippet_links": [{"key": "the-parties", "type": "definition", "offset": [0, 11]}, {"key": "a-fiduciary", "type": "definition", "offset": [58, 69]}, {"key": "the-account", "type": "clause", "offset": [73, 84]}], "snippet": "The parties intend that Custodian shall not be considered a fiduciary of the Account.", "samples": [{"hash": "g4Ez5NK0XHj", "uri": "/contracts/g4Ez5NK0XHj#investment-authority", "label": "Custody Agreement (WTI Fund X, Inc.)", "score": 31.3538665771, "published": true}, {"hash": "6iXENGd98sn", "uri": "/contracts/6iXENGd98sn#investment-authority", "label": "Custodian Agreement (Frost Family of Funds)", "score": 30.1991786957, "published": true}, {"hash": "inb848n4jKi", "uri": "/contracts/inb848n4jKi#investment-authority", "label": "Global Custody Agreement (CC Real Estate Income Fund-T2)", "score": 28.9637241364, "published": true}], "size": 37, "hash": "c22921cb17142b38d735eaaf09c80dd4", "id": 4}, {"snippet_links": [{"key": "trustee-shall", "type": "definition", "offset": [8, 21]}, {"key": "including-without-limitation", "type": "clause", "offset": [73, 101]}, {"key": "to-invest", "type": "clause", "offset": [111, 120]}, {"key": "exclusive-benefit", "type": "clause", "offset": [163, 180]}, {"key": "the-participants", "type": "definition", "offset": [184, 200]}, {"key": "in-good-faith", "type": "definition", "offset": [226, 239]}, {"key": "prudent-person", "type": "definition", "offset": [249, 263]}, {"key": "in-accordance-with", "type": "definition", "offset": [310, 328]}, {"key": "terms-of", "type": "clause", "offset": [333, 341]}, {"key": "trust-agreement", "type": "clause", "offset": [347, 362]}, {"key": "federal-or-state-laws", "type": "clause", "offset": [382, 403]}, {"key": "rules-or-regulations", "type": "definition", "offset": [405, 425]}, {"key": "investment-guidelines", "type": "clause", "offset": [442, 463]}, {"key": "agreed-to", "type": "definition", "offset": [464, 473]}, {"key": "in-writing", "type": "definition", "offset": [474, 484]}, {"key": "from-time-to-time", "type": "clause", "offset": [485, 502]}, {"key": "by-the-company-and-the-trustee", "type": "clause", "offset": [503, 533]}, {"key": "prior-to-a-change-in-control", "type": "clause", "offset": [534, 562]}, {"key": "sole-discretion", "type": "definition", "offset": [659, 674]}, {"key": "readily-marketable", "type": "definition", "offset": [710, 728]}, {"key": "preferred-stocks", "type": "definition", "offset": [740, 756]}, {"key": "security-of-the", "type": "clause", "offset": [859, 874]}, {"key": "de-minimus-amount", "type": "definition", "offset": [896, 913]}, {"key": "certificates-of-deposit", "type": "clause", "offset": [938, 961]}, {"key": "time-deposits", "type": "clause", "offset": [975, 988]}, {"key": "shares-of", "type": "clause", "offset": [1040, 1049]}, {"key": "investment-companies", "type": "definition", "offset": [1050, 1070]}, {"key": "mutual-funds", "type": "clause", "offset": [1075, 1087]}, {"key": "the-trustees", "type": "clause", "offset": [1147, 1159]}, {"key": "rule-of-court", "type": "definition", "offset": [1203, 1216]}, {"key": "any-state", "type": "definition", "offset": [1220, 1229]}, {"key": "by-the-trustee", "type": "clause", "offset": [1488, 1502]}, {"key": "investment-purposes", "type": "clause", "offset": [1525, 1544]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [1669, 1687]}, {"key": "deferred-compensation", "type": "clause", "offset": [1701, 1722]}, {"key": "retirement-income", "type": "definition", "offset": [1726, 1743]}, {"key": "benefits-of", "type": "clause", "offset": [1747, 1758]}, {"key": "at-any-time", "type": "clause", "offset": [1818, 1829]}, {"key": "received-by", "type": "definition", "offset": [1830, 1841]}, {"key": "to-sell", "type": "clause", "offset": [1859, 1866]}, {"key": "public-or-private-sale", "type": "clause", "offset": [1906, 1928]}, {"key": "for-cash", "type": "definition", "offset": [1930, 1938]}, {"key": "exercise-options", "type": "definition", "offset": [1966, 1982]}, {"key": "purchase-or-exchange", "type": "clause", "offset": [1991, 2011]}, {"key": "to-exercise", "type": "clause", "offset": [2021, 2032]}, {"key": "subscription-rights", "type": "definition", "offset": [2051, 2070]}, {"key": "pertaining-to", "type": "definition", "offset": [2071, 2084]}, {"key": "to-enter", "type": "definition", "offset": [2107, 2115]}, {"key": "agreement-to-purchase", "type": "clause", "offset": [2137, 2158]}, {"key": "the-future", "type": "clause", "offset": [2175, 2185]}, {"key": "participate-in", "type": "definition", "offset": [2194, 2208]}, {"key": "plan-of-reorganization", "type": "definition", "offset": [2213, 2235]}, {"key": "similar-plan", "type": "definition", "offset": [2294, 2306]}, {"key": "relating-to", "type": "definition", "offset": [2307, 2318]}, {"key": "consent-to", "type": "definition", "offset": [2346, 2356]}, {"key": "any-action", "type": "definition", "offset": [2384, 2394]}, {"key": "action-by", "type": "clause", "offset": [2464, 2473]}, {"key": "any-person", "type": "definition", "offset": [2474, 2484]}, {"key": "to-delegate", "type": "clause", "offset": [2583, 2594]}, {"key": "discretionary-power", "type": "definition", "offset": [2595, 2614]}, {"key": "to-pay", "type": "clause", "offset": [2628, 2634]}, {"key": "expenses-and-compensation", "type": "clause", "offset": [2647, 2672]}, {"key": "with-respect-to", "type": "clause", "offset": [2704, 2719]}, {"key": "to-be-deposited", "type": "definition", "offset": [2738, 2753]}, {"key": "to-extend", "type": "clause", "offset": [2759, 2768]}, {"key": "payment-of", "type": "definition", "offset": [2781, 2791]}, {"key": "moneys-received", "type": "clause", "offset": [2846, 2861]}, {"key": "liability-for-interest", "type": "clause", "offset": [2877, 2899]}, {"key": "in-anticipation-of", "type": "definition", "offset": [2918, 2936]}, {"key": "payments-due", "type": "clause", "offset": [2937, 2949]}, {"key": "other-rights", "type": "definition", "offset": [3040, 3052]}, {"key": "purposes-of-the-trust", "type": "definition", "offset": [3156, 3177]}, {"key": "borrow-money", "type": "clause", "offset": [3182, 3194]}, {"key": "to-issue", "type": "clause", "offset": [3208, 3216]}, {"key": "note-or-notes", "type": "definition", "offset": [3232, 3245]}, {"key": "to-secure", "type": "clause", "offset": [3260, 3269]}, {"key": "prior-notice", "type": "definition", "offset": [3339, 3351]}, {"key": "to-employ", "type": "clause", "offset": [3353, 3362]}, {"key": "counsel-to-the-company", "type": "definition", "offset": [3408, 3430]}, {"key": "to-the-trustee", "type": "clause", "offset": [3434, 3448]}, {"key": "reasonable-expenses", "type": "definition", "offset": [3467, 3486]}, {"key": "to-the-extent", "type": "clause", "offset": [3518, 3531]}, {"key": "to-register", "type": "clause", "offset": [3562, 3573]}, {"key": "investments-in", "type": "clause", "offset": [3574, 3588]}, {"key": "a-nominee", "type": "definition", "offset": [3620, 3629]}, {"key": "arrange-for", "type": "clause", "offset": [3819, 3830]}, {"key": "the-deposit", "type": "clause", "offset": [3831, 3842]}, {"key": "other-securities", "type": "definition", "offset": [3994, 4010]}, {"key": "other-persons", "type": "definition", "offset": [4034, 4047]}, {"key": "securities-issued", "type": "clause", "offset": [4100, 4117]}, {"key": "guaranteed-by", "type": "clause", "offset": [4121, 4134]}, {"key": "united-states-government", "type": "definition", "offset": [4139, 4163]}, {"key": "book-entries", "type": "clause", "offset": [4241, 4253]}, {"key": "department-of-the-treasury", "type": "definition", "offset": [4306, 4332]}, {"key": "federal-reserve-bank", "type": "definition", "offset": [4338, 4358]}, {"key": "securities-held", "type": "definition", "offset": [4512, 4527]}, {"key": "individual-property", "type": "definition", "offset": [4682, 4701]}, {"key": "books-and-records", "type": "clause", "offset": [4750, 4767]}, {"key": "at-all-times", "type": "definition", "offset": [4789, 4801]}, {"key": "the-trust-fund", "type": "clause", "offset": [4844, 4858]}, {"key": "submit-to-arbitration", "type": "clause", "offset": [4890, 4911]}, {"key": "legal-proceedings", "type": "clause", "offset": [5021, 5038]}, {"key": "reasonable-satisfaction", "type": "definition", "offset": [5331, 5354]}, {"key": "policies-of", "type": "definition", "offset": [5435, 5446]}, {"key": "life-insurance", "type": "clause", "offset": [5447, 5461]}, {"key": "annuity-contracts", "type": "definition", "offset": [5463, 5480]}, {"key": "subsidiary-of-the-company", "type": "definition", "offset": [5579, 5604]}, {"key": "class-of", "type": "definition", "offset": [5661, 5669]}, {"key": "brokers-or-dealers", "type": "clause", "offset": [5853, 5871]}, {"key": "such-security", "type": "definition", "offset": [5877, 5890]}, {"key": "loaned-securities", "type": "definition", "offset": [5971, 5988]}, {"key": "by-the-borrower", "type": "clause", "offset": [6034, 6049]}, {"key": "protection-of-the", "type": "clause", "offset": [6191, 6208]}, {"key": "the-company-shall", "type": "clause", "offset": [6249, 6266]}, {"key": "the-right", "type": "clause", "offset": [6272, 6281]}, {"key": "segregate-all", "type": "clause", "offset": [6412, 6425]}, {"key": "a-portion", "type": "definition", "offset": [6429, 6438]}, {"key": "account-or-accounts", "type": "definition", "offset": [6476, 6495]}, {"key": "investment-managers", "type": "definition", "offset": [6524, 6543]}, {"key": "notify-the", "type": "clause", "offset": [6685, 6695]}, {"key": "appointment-of", "type": "clause", "offset": [6711, 6725]}, {"key": "as-directed", "type": "definition", "offset": [6888, 6899]}, {"key": "the-investment-manager", "type": "definition", "offset": [6914, 6936]}, {"key": "duty-of-the-trustee", "type": "clause", "offset": [6957, 6976]}, {"key": "no-duty", "type": "clause", "offset": [7055, 7062]}, {"key": "securities-or-other-property", "type": "definition", "offset": [7135, 7163]}, {"key": "pursuant-to-such", "type": "clause", "offset": [7223, 7239]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [7366, 7395]}, {"key": "prior-approval", "type": "definition", "offset": [7428, 7442]}, {"key": "cash-balances", "type": "clause", "offset": [7497, 7510]}, {"key": "short-term", "type": "clause", "offset": [7543, 7553]}, {"key": "cash-equivalents", "type": "definition", "offset": [7554, 7570]}, {"key": "not-limited", "type": "clause", "offset": [7586, 7597]}, {"key": "trust-fund-established", "type": "clause", "offset": [7672, 7694]}, {"key": "the-instrument", "type": "clause", "offset": [7736, 7750]}, {"key": "treasury-bills", "type": "definition", "offset": [7786, 7800]}, {"key": "commercial-paper", "type": "clause", "offset": [7802, 7818]}, {"key": "trust-department", "type": "definition", "offset": [7903, 7919]}, {"key": "issued-by", "type": "definition", "offset": [7970, 7979]}, {"key": "corporate-capacity", "type": "definition", "offset": [8008, 8026]}, {"key": "not-to-exceed", "type": "definition", "offset": [8074, 8087]}, {"key": "one-year", "type": "clause", "offset": [8088, 8096]}, {"key": "responsible-for", "type": "clause", "offset": [8337, 8352]}, {"key": "any-loss", "type": "definition", "offset": [8353, 8361]}, {"key": "to-the-fund", "type": "definition", "offset": [8372, 8383]}, {"key": "purchase-of-an-investment", "type": "clause", "offset": [8409, 8434]}, {"key": "failure-to-take", "type": "definition", "offset": [8490, 8505]}, {"key": "in-this-agreement", "type": "definition", "offset": [8692, 8709]}, {"key": "personal-liability", "type": "definition", "offset": [8823, 8841]}, {"key": "failure-to-act", "type": "clause", "offset": [8981, 8995]}, {"key": "absence-of-directions", "type": "clause", "offset": [9003, 9024]}, {"key": "in-the-event-the", "type": "clause", "offset": [9124, 9140]}, {"key": "to-provide", "type": "clause", "offset": [9155, 9165]}, {"key": "act-or-omission", "type": "definition", "offset": [9311, 9326]}, {"key": "actual-knowledge", "type": "definition", "offset": [9375, 9391]}, {"key": "a-fiduciary", "type": "definition", "offset": [9433, 9444]}, {"key": "breach-of-fiduciary-duty", "type": "definition", "offset": [9690, 9714]}, {"key": "complying-with", "type": "clause", "offset": [9725, 9739]}, {"key": "trustee-may-rely", "type": "clause", "offset": [9887, 9903]}, {"key": "any-order", "type": "definition", "offset": [9909, 9918]}, {"key": "reasonably-believes", "type": "definition", "offset": [10075, 10094]}, {"key": "knowledge-of", "type": "definition", "offset": [10213, 10225]}, {"key": "termination-of-the-appointment", "type": "clause", "offset": [10230, 10260]}, {"key": "notice-thereof", "type": "clause", "offset": [10313, 10327]}, {"key": "from-the-company", "type": "clause", "offset": [10328, 10344]}, {"key": "the-company-may-direct", "type": "clause", "offset": [10350, 10372]}, {"key": "how-to-vote", "type": "clause", "offset": [10391, 10402]}, {"key": "company-stock", "type": "definition", "offset": [10407, 10420]}, {"key": "following-a-change-in-control", "type": "clause", "offset": [10444, 10473]}, {"key": "sole-and-absolute-discretion", "type": "clause", "offset": [10502, 10530]}, {"key": "the-trust-assets", "type": "clause", "offset": [10552, 10568]}, {"key": "the-arrangement", "type": "clause", "offset": [10705, 10720]}, {"key": "the-liabilities", "type": "clause", "offset": [10769, 10784]}, {"key": "trustee-to-act-solely", "type": "clause", "offset": [10829, 10850]}, {"key": "best-interest", "type": "definition", "offset": [10858, 10871]}, {"key": "investment-responsibility", "type": "definition", "offset": [10995, 11020]}, {"key": "an-affiliate", "type": "clause", "offset": [11057, 11069]}, {"key": "right-to-purchase", "type": "clause", "offset": [11255, 11272]}, {"key": "insurance-policy", "type": "clause", "offset": [11276, 11292]}, {"key": "to-fund", "type": "definition", "offset": [11307, 11314]}, {"key": "the-benefits", "type": "clause", "offset": [11315, 11327]}, {"key": "substitute-assets", "type": "definition", "offset": [11447, 11464]}, {"key": "company-in", "type": "clause", "offset": [11558, 11568]}, {"key": "consent-of", "type": "clause", "offset": [11617, 11627]}, {"key": "fiduciary-capacity", "type": "clause", "offset": [11644, 11662]}, {"key": "fair-market-values", "type": "clause", "offset": [11799, 11817]}, {"key": "common-stock-of-the-company", "type": "clause", "offset": [11949, 11976]}], "snippet": "(a) The Trustee shall not be liable in discharging its duties hereunder, including without limitation its duty to invest and reinvest the Fund, if it acts for the exclusive benefit of the Participants and their Beneficiaries, in good faith and as a prudent person would act in accomplishing a similar task and in accordance with the terms of this Trust Agreement and any applicable federal or state laws, rules or regulations.\n(b) Subject to investment guidelines agreed to in writing from time to time by the Company and the Trustee prior to a Change in Control and Section 6(c), the Trustee shall have the power in investing and reinvesting the Fund in its sole discretion:\n(1) To invest and reinvest in any readily marketable common and preferred stocks, bonds, notes, debentures (including convertible stocks and securities but not including any stock or security of the Trustee other than a de minimus amount held in a mutual fund), certificates of deposit or demand or time deposits (including any such deposits with the Trustee) and shares of investment companies and mutual funds, without being limited to the classes or property in which the Trustees are authorized to invest by any law or any rule of court of any state and without regard to the proportion any such property may bear to the entire amount of the Fund;\n(2) To invest and reinvest all or any portion of the Fund collectively through the medium of any proprietary mutual fund that may be established and maintained by the Trustee;\n(3) To commingle for investment purposes all or any portion of the Fund with assets of any other similar trust or trusts established by the Company with the Trustee for the purpose of safeguarding deferred compensation or retirement income or benefits of its employees and/or directors;\n(4) To retain any property at any time received by the Trustee;\n(5) To sell or exchange any property held by it at public or private sale, for cash or on credit, to grant and exercise options for the purchase or exchange thereof, to exercise all conversion or subscription rights pertaining to any such property and to enter into any covenant or agreement to purchase any property in the future;\n(6) To participate in any plan of reorganization, consolidation, merger, combination, liquidation or other similar plan relating to property held by it and to consent to or oppose any such plan or any action thereunder or any contract, lease, mortgage, purchase, sale or other action by any person;\n(7) To deposit any property held by it with any protective, reorganization or similar committee, to delegate discretionary power thereto, and to pay part of the expenses and compensation thereof any assessments levied with respect to any such property to be deposited;\n(8) To extend the time of payment of any obligation held by it;\n(9) To hold uninvested any moneys received by it, without liability for interest thereon, but only in anticipation of payments due for investments, reinvestments, expenses or disbursements;\n(10) To exercise all voting or other rights with respect to any property held by it and to grant proxies, discretionary or otherwise;\n(11) For the purposes of the Trust, to borrow money from others, to issue its promissory note or notes therefor, and to secure the repayment thereof by pledging any property held by it;\n(12) Upon prior notice, to employ suitable contractors and counsel, who may be counsel to the Company or to the Trustee, and to pay their reasonable expenses and compensation from the Fund to the extent not paid by the Company;\n(13) To register investments in its own name or in the name of a nominee; to hold any investment in bearer form; and to combine certificates representing securities with certificates of the same issue held by it in other fiduciary capacities or to deposit or to arrange for the deposit of such securities with any depository, even though, when so deposited, such securities may be held in the name of the nominee of such depository with other securities deposited therewith by other persons, or to deposit or to arrange for the deposit of any securities issued or guaranteed by the United States government, or any agency or instrumentality thereof, including securities evidenced by book entries rather than by certificates, with the United States Department of the Treasury or a Federal Reserve Bank, even though, when so deposited, such securities may not be held separate from securities deposited therein by other persons; provided, however, that no securities held in the Fund shall be deposited with the United States Department of the Treasury or a Federal Reserve Bank or other depository in the same account as any individual property of the Trustee, and provided, further, that the books and records of the Trustee shall at all times show that all such securities are part of the Trust Fund;\n(14) To settle, compromise or submit to arbitration any claims, debts or damages due or owing to or from the Trust, respectively, to commence or defend suits or legal proceedings to protect any interest of the Trust, and to represent the Trust in all suits or legal proceedings in any court or before any other body or tribunal; provided, however, that the Trustee shall not be required to take any such action unless it shall have been indemnified by the Company to its reasonable satisfaction against liability or expenses it might incur therefrom;\n(15) To hold and retain policies of life insurance, annuity contracts, and other property of any kind which policies are contributed to the Trust by the Company or any subsidiary of the Company or are purchased by the Trustee;\n(16) To hold any other class of assets which may be contributed by the Company and that is deemed reasonable by the Trustee, unless expressly prohibited herein:\n(17) To loan any securities at any time held by it to brokers or dealers upon such security as may be deemed advisable, and during the terms of any such loan to permit the loaned securities to be transferred into the name of and voted by the borrower or others; and\n(18) Generally, to do all acts, whether or not expressly authorized, that the Trustee may deem necessary or desirable for the protection of the Fund.\n(c) Prior to a Change in Control, the Company shall have the right, subject to this Section to direct the Trustee with respect to investments.\n(1) The Company may at any time direct the Trustee to segregate all or a portion of the Fund in a separate investment account or accounts and may appoint one or more investment managers including itself and to direct the investment and reinvestment of each such investment account or accounts. In such event, the Company shall notify the Trustee of the appointment of each such investment manager.\n(2) Thereafter (until a Change in Control), the Trustee shall make every sale or investment with respect to such investment account as directed in writing by the investment manager(s). It shall be the duty of the Trustee to act strictly in accordance with each direction. The Trustee shall be under no duty to question any such direction of the investment manager, to review any securities or other property held in such investment account or accounts acquired by it pursuant to such directions or to make any recommendations to the investment manager(s) with respect to such securities or other property.\n(3) Notwithstanding the foregoing, the Trustee, without obtaining prior approval or direction from an investment manager, shall invest cash balances held by it from time to time in short term cash equivalents including, but not limited to, through the medium of any short term common, collective or commingled trust fund established and maintained by the Trustee subject to the instrument establishing such trust fund, U.S. Treasury Bills, commercial paper (including such forms of commercial paper as may be available through the Trustee's Trust Department), certificates of deposit (including certificates issued by the Trustee in its separate corporate capacity), and similar type securities, with a maturity not to exceed one year; and, furthermore, sell such short term investments as may be necessary to carry out the instructions of an investment manager regarding more permanent type investment and directed distributions.\n(4) The Trustee shall neither be liable nor responsible for any loss resulting to the Fund by reason of any sale or purchase of an investment directed by an investment manager nor by reason of the failure to take any action with respect to any investment which was acquired pursuant to any such direction in the absence of further directions of such investment manager.\n(5) Notwithstanding anything in this Agreement to the contrary, the Trustee shall be indemnified and saved harmless by the Company from and against any and all personal liability to which the Trustee may be subjected by carrying out any directions of an investment manager or the Company issued pursuant hereto or for failure to act in the absence of directions of the investment manager or the Company including all expenses reasonably incurred in its defense in the event the Company fails to provide such defense; provided, however, the Trustee shall not be so indemnified if it participates knowingly in, or knowingly undertakes to conceal, an act or omission of an investment manager or the Company, having actual knowledge that such act or omission is a breach of a fiduciary duty; provided further, however, that the Trustee shall not be deemed to have knowingly participated in or knowingly undertaken to conceal an act or omission of an investment manager or the Company with knowledge that such act or omission was a breach of fiduciary duty by merely complying with directions of an investment manager or the Company or for failure to act in the absence of directions of an investment manager or the Company. The Trustee may rely upon any order, certificate, notice, direction or other documentary confirmation purporting to have been issued by the investment manager or the Company which the Trustee reasonably believes to be genuine and to have been issued by the investment manager or the Company. The Trustee shall not be charged with knowledge of the termination of the appointment of any investment manager until it receives written notice thereof from the Company.\n(6) The Company may direct the Trustee as to how to vote any Company stock held by the Trust.\n(d) Following a Change in Control, the Trustee shall have the sole and absolute discretion in the management of the Trust assets and shall have all the powers set forth under Section 6(b). In investing the Trust assets, the Trustee shall consider.\n(1) the needs of the Arrangement;\n(2) the need for matching of Trust assets with the liabilities of the Arrangement; and\n(3) the duty of the Trustee to act solely in the best interest of the Participants and their Beneficiaries.\n(e) The Trustee shall have the right, in its sole discretion, to delegate its investment responsibility to an investment manager who may be an affiliate to the Trustee. In the event the Trustee shall exercise this right, the Trustee shall remain, at all times responsible for the acts of an investment manager. The Trustee shall have the right to purchase an insurance policy or an annuity to fund the benefits of the Arrangement.\n(f) The Company shall have the right 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. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacity; provided, however, that, following a Change in Control, no such substitution shall be permitted unless the Trustee determines that the fair market values of the substituted assets are equal.\n(g) Prior to a Change in Control, the Company shall have the right to contribute to the Trust common stock of the Company (\"Company Stock\"). To the extent that Company Stock is contributed to the Trust, it shall be held by the Trustee pursuant to this Section 6(g).", "samples": [{"hash": "89JXrjDzCcd", "uri": "/contracts/89JXrjDzCcd#investment-authority", "label": "Grantor Trust Agreement (FMC Corp)", "score": 18.0, "published": true}, {"hash": "9VP3lKMdvLj", "uri": "/contracts/9VP3lKMdvLj#investment-authority", "label": "Grantor Trust Agreement (FMC Technologies Inc)", "score": 16.0, "published": true}], "size": 30, "hash": "19540df97f3fe71e9c651f0fec883b20", "id": 6}, {"snippet_links": [{"key": "in-no-event", "type": "clause", "offset": [0, 11]}, {"key": "invest-in", "type": "clause", "offset": [28, 37]}, {"key": "rights-to-acquire-stock", "type": "clause", "offset": [69, 92]}, {"key": "by-the-corporation", "type": "clause", "offset": [116, 134]}, {"key": "de-minimis-amount", "type": "clause", "offset": [149, 166]}, {"key": "investment-vehicles", "type": "definition", "offset": [182, 201]}, {"key": "all-rights", "type": "clause", "offset": [232, 242]}, {"key": "associated-with", "type": "definition", "offset": [243, 258]}, {"key": "assets-of-the-trust", "type": "clause", "offset": [259, 278]}, {"key": "in-accordance-with", "type": "definition", "offset": [306, 324]}, {"key": "of-the-corporation", "type": "clause", "offset": [340, 358]}, {"key": "by-the-trustee", "type": "clause", "offset": [360, 374]}, {"key": "the-executive", "type": "clause", "offset": [469, 482]}], "snippet": "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.", "samples": [{"hash": "ipTrhFzYXq2", "uri": "/contracts/ipTrhFzYXq2#investment-authority", "label": "Agreement to Defer Bonus Payment (Nl Industries Inc)", "score": 16.0, "published": true}, {"hash": "a4Sfh4tPGBm", "uri": "/contracts/a4Sfh4tPGBm#investment-authority", "label": "Bonus Deferral Agreement (Nl Industries Inc)", "score": 16.0, "published": true}, {"hash": "5ZWOP17A7at", "uri": "/contracts/5ZWOP17A7at#investment-authority", "label": "Bonus Deferral Agreement (Nl Industries Inc)", "score": 16.0, "published": true}], "size": 23, "hash": "0669d064c3d78b280eca22936227d34d", "id": 7}, {"snippet_links": [{"key": "except-as-provided-in", "type": "clause", "offset": [0, 21]}, {"key": "relating-to", "type": "definition", "offset": [36, 47]}, {"key": "by-participants", "type": "clause", "offset": [84, 99]}, {"key": "the-employer", "type": "clause", "offset": [102, 114]}, {"key": "the-trustee", "type": "clause", "offset": [120, 131]}, {"key": "if-applicable", "type": "clause", "offset": [147, 160]}, {"key": "management-and-control", "type": "definition", "offset": [184, 206]}, {"key": "investment-of-the-fund", "type": "clause", "offset": [216, 238]}, {"key": "permitted-investment", "type": "definition", "offset": [248, 268]}, {"key": "notwithstanding-the", "type": "definition", "offset": [270, 289]}, {"key": "a-trustee", "type": "clause", "offset": [310, 319]}, {"key": "an-agreement", "type": "clause", "offset": [329, 341]}, {"key": "a-portion", "type": "definition", "offset": [417, 426]}, {"key": "in-writing", "type": "definition", "offset": [468, 478]}], "snippet": "Except as provided in Section 5.14 (relating to individual direction of investments by Participants), the Employer, not the Trustee (or Custodian, if applicable), shall have exclusive management and control over the investment of the Fund into any permitted investment. Notwithstanding the preceding sentence, a Trustee may make an agreement with the Employer whereby the Trustee will manage the investment of all or a portion of the Fund. Any such agreement shall be in writing and set forth such matters as the Trustee deems necessary or desirable.", "samples": [{"hash": "lqzFhmjsxVE", "uri": "/contracts/lqzFhmjsxVE#investment-authority", "label": "401(k) Savings Plan (Alaska Pacific Bancshares Inc)", "score": 18.0, "published": true}, {"hash": "kyqeCNyJsUS", "uri": "/contracts/kyqeCNyJsUS#investment-authority", "label": "Qualified Retirement Plan (Teardrop Golf Co)", "score": 18.0, "published": true}, {"hash": "hzVNMQTUMHj", "uri": "/contracts/hzVNMQTUMHj#investment-authority", "label": "Adoption Agreement (Bradford Funds Inc)", "score": 18.0, "published": true}], "size": 20, "hash": "397d97c081321e8228a753b6e729616d", "id": 8}, {"snippet_links": [{"key": "by-the-company", "type": "clause", "offset": [71, 85]}, {"key": "shares-of", "type": "clause", "offset": [100, 109]}, {"key": "registered-investment-company", "type": "clause", "offset": [114, 143]}, {"key": "other-service-provider", "type": "definition", "offset": [218, 240]}, {"key": "the-services-provided", "type": "clause", "offset": [328, 349]}, {"key": "compensation-of-the-trustee", "type": "clause", "offset": [398, 425]}, {"key": "this-trust", "type": "definition", "offset": [432, 442]}, {"key": "obligations-of-the-trustee", "type": "clause", "offset": [521, 547]}, {"key": "other-bank", "type": "definition", "offset": [555, 565]}, {"key": "not-insured", "type": "clause", "offset": [592, 603]}, {"key": "federal-deposit-insurance-corporation", "type": "definition", "offset": [611, 648]}, {"key": "federal-reserve", "type": "definition", "offset": [667, 682]}, {"key": "governmental-agency", "type": "clause", "offset": [696, 715]}, {"key": "all-rights", "type": "clause", "offset": [717, 727]}, {"key": "associated-with", "type": "definition", "offset": [728, 743]}, {"key": "assets-of-the-trust", "type": "clause", "offset": [744, 763]}, {"key": "by-trustee", "type": "clause", "offset": [783, 793]}, {"key": "in-no-event", "type": "clause", "offset": [841, 852]}, {"key": "plan-participants", "type": "clause", "offset": [884, 901]}, {"key": "voting-and-dividend-rights", "type": "clause", "offset": [915, 941]}, {"key": "with-respect-to", "type": "clause", "offset": [942, 957]}, {"key": "trust-assets", "type": "clause", "offset": [958, 970]}, {"key": "prior-to-a-change-in-control", "type": "clause", "offset": [1009, 1037]}, {"key": "failure-to-pay", "type": "clause", "offset": [1041, 1055]}, {"key": "in-clause", "type": "clause", "offset": [1068, 1077]}, {"key": "the-definition-of", "type": "definition", "offset": [1086, 1103]}, {"key": "the-company-shall", "type": "clause", "offset": [1115, 1132]}, {"key": "the-right", "type": "clause", "offset": [1138, 1147]}, {"key": "at-any-time", "type": "clause", "offset": [1149, 1160]}, {"key": "from-time-to-time", "type": "clause", "offset": [1165, 1182]}, {"key": "sole-discretion", "type": "definition", "offset": [1191, 1206]}, {"key": "the-investment", "type": "definition", "offset": [1232, 1246]}, {"key": "investment-managers", "type": "definition", "offset": [1374, 1393]}, {"key": "for-purposes-of-the", "type": "clause", "offset": [1488, 1507]}, {"key": "authority-to", "type": "definition", "offset": [1642, 1654]}, {"key": "manage-and-direct", "type": "clause", "offset": [1666, 1683]}, {"key": "investment-of-assets", "type": "clause", "offset": [1688, 1708]}, {"key": "a-portion", "type": "definition", "offset": [1730, 1739]}, {"key": "the-trust-fund", "type": "clause", "offset": [1743, 1757]}, {"key": "in-writing", "type": "definition", "offset": [1839, 1849]}, {"key": "responsible-for", "type": "clause", "offset": [1905, 1920]}, {"key": "the-foregoing", "type": "definition", "offset": [1946, 1959]}, {"key": "in-accordance-with", "type": "definition", "offset": [2046, 2064]}, {"key": "following-a-change-in-control", "type": "clause", "offset": [2093, 2122]}, {"key": "trustee-shall", "type": "definition", "offset": [2200, 2213]}, {"key": "funds-in", "type": "definition", "offset": [2458, 2466]}, {"key": "liability-for-interest", "type": "clause", "offset": [2481, 2503]}, {"key": "receipt-of", "type": "clause", "offset": [2530, 2540]}, {"key": "uninvested-cash", "type": "definition", "offset": [2559, 2574]}, {"key": "rate-of-interest", "type": "definition", "offset": [2655, 2671]}, {"key": "a-bank", "type": "clause", "offset": [2675, 2681]}, {"key": "the-united-states", "type": "definition", "offset": [2729, 2746]}, {"key": "bank-or-financial-institution", "type": "definition", "offset": [2772, 2801]}, {"key": "a-fiduciary", "type": "definition", "offset": [2834, 2845]}, {"key": "the-plan", "type": "clause", "offset": [2849, 2857]}, {"key": "rules-and-regulations", "type": "definition", "offset": [2874, 2895]}, {"key": "substitute-assets", "type": "definition", "offset": [3070, 3087]}, {"key": "fair-market-value", "type": "definition", "offset": [3097, 3114]}, {"key": "by-the-trust", "type": "clause", "offset": [3134, 3146]}, {"key": "communication-act", "type": "definition", "offset": [3180, 3197]}, {"key": "provide-to", "type": "clause", "offset": [3223, 3233]}, {"key": "of-securities", "type": "clause", "offset": [3242, 3255]}, {"key": "identifying-information", "type": "definition", "offset": [3256, 3279]}, {"key": "notice-to-trustee", "type": "clause", "offset": [3401, 3418]}, {"key": "to-disclose", "type": "definition", "offset": [3495, 3506]}, {"key": "of-the-company", "type": "clause", "offset": [3545, 3559]}, {"key": "any-person", "type": "definition", "offset": [3584, 3594]}, {"key": "agreement-to", "type": "definition", "offset": [3660, 3672]}, {"key": "voting-authority", "type": "clause", "offset": [3757, 3773]}, {"key": "upon-request", "type": "clause", "offset": [3787, 3799]}], "snippet": "(a) The Trust may hold assets of any kind, including securities issued by the Company and including shares of any registered investment company, whether or not the Trustee or any of its affiliates is an advisor to, or other service provider to, such investment company and receives compensation from such investment company for the services provided (which compensation shall be in addition to the compensation of the Trustee under this Trust). The Company acknowledges that shares in any such investment company are not obligations of the Trustee or any other bank, are not deposits and are not insured by the Federal Deposit Insurance Corporation (the \u201cFDIC\u201d), the Federal Reserve or any other governmental agency. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participants, except that voting and dividend rights with respect to Trust assets will be exercised by the Company.\n(b) Prior to a Change in Control or Failure to Pay, as defined in clause (ii) of the definition of that term, the Company shall have the right, at any time and from time to time, in its sole discretion, to direct Trustee as to the investment and reinvestment of all or specified portions of Trust assets and the income therefrom and to appoint an investment manager or investment managers to direct Trustee as to the investment and reinvestment of all or specified portions thereof. For purposes of the preceding sentence, \u201cinvestment manager\u201d includes a broker/dealer designated or appointed by the Company who shall have the power and authority to supervise, manage and direct the investment of assets that comprise all or a portion of the Trust fund as herein provided. Any such investment manager shall acknowledge to the Company in writing that it accepts such appointment. The Company shall be responsible for ensuring compliance with the foregoing requirement and shall notify Trustee if an investment manager has been duly appointed in accordance with the foregoing requirements. Following a Change in Control or Failure to Pay, as defined in clause (ii) of the definition of that term, Trustee shall be solely responsible for directing the investment and reinvestment of all Trust assets.\n(c) In its sole discretion, Trustee may hold that portion of the Trust Fund as is appropriate, for the ordinary administration and for the disbursement of funds in cash, without liability for interest notwithstanding Trustee\u2019s receipt of \u201cfloat\u201d from such uninvested cash, by depositing the same in any bank (including deposits which bear a reasonable rate of interest in a bank or similar financial institution supervised by the United States or a State, even where a bank or financial institution is the Trustee, or is otherwise a fiduciary of the Plan) subject to the rules and regulations governing such deposits, and without regard to the amount of such deposit.\n(d) The Company shall have the right, 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.\n(e) Pursuant to the Shareholder Communication Act, Trustee is obligated to provide to issuers of securities identifying information such as the Company\u2019s name(s), address(es), and share positions, unless the Company objects herein or through subsequent notice to Trustee in writing. Unless otherwise directed in writing, Trustee is not authorized to disclose the name, address and share positions of the Company under this Trust and/or any person or organization designated to give instructions under this Trust Agreement to entities over whose securities the Company or such person or organization exercises voting authority or to others upon request by such entities.", "samples": [{"hash": "deUOmtMu2fF", "uri": "/contracts/deUOmtMu2fF#investment-authority", "label": "Grantor Trust Agreement (Eaton Corp)", "score": 20.1498966217, "published": true}, {"hash": "d6Zp1oXatR7", "uri": "/contracts/d6Zp1oXatR7#investment-authority", "label": "Grantor Trust Agreement (Eaton Corp)", "score": 20.1498966217, "published": true}], "size": 20, "hash": "4a8514b389827c5f206984eed4e045fe", "id": 9}, {"snippet_links": [{"key": "trustee-shall", "type": "definition", "offset": [8, 21]}, {"key": "income-of-the-trust", "type": "definition", "offset": [60, 79]}, {"key": "as-directed", "type": "definition", "offset": [80, 91]}, {"key": "by-company", "type": "clause", "offset": [92, 102]}, {"key": "designated-agent", "type": "clause", "offset": [119, 135]}, {"key": "from-time-to-time", "type": "clause", "offset": [168, 185]}, {"key": "to-the-maximum-extent-permitted-by-law", "type": "clause", "offset": [187, 225]}, {"key": "no-duty", "type": "clause", "offset": [250, 257]}, {"key": "to-advise", "type": "definition", "offset": [280, 289]}, {"key": "with-respect-to", "type": "clause", "offset": [290, 305]}, {"key": "investment-direction", "type": "clause", "offset": [351, 371]}, {"key": "investment-decisions", "type": "definition", "offset": [388, 408]}, {"key": "to-the-trust", "type": "clause", "offset": [427, 439]}, {"key": "by-the-company", "type": "clause", "offset": [440, 454]}, {"key": "no-obligation-to-invest", "type": "clause", "offset": [519, 542]}, {"key": "invest-in", "type": "clause", "offset": [649, 658]}, {"key": "rights-to-acquire-stock", "type": "clause", "offset": [690, 713]}, {"key": "issued-by", "type": "definition", "offset": [730, 739]}, {"key": "all-rights", "type": "clause", "offset": [753, 763]}, {"key": "associated-with", "type": "definition", "offset": [764, 779]}, {"key": "assets-of-the-trust", "type": "clause", "offset": [780, 799]}, {"key": "by-the-trustee", "type": "clause", "offset": [819, 833]}, {"key": "in-no-event", "type": "clause", "offset": [844, 855]}, {"key": "plan-participants", "type": "clause", "offset": [885, 902]}, {"key": "voting-rights", "type": "definition", "offset": [916, 929]}, {"key": "to-trust", "type": "clause", "offset": [943, 951]}, {"key": "investment-adviser", "type": "definition", "offset": [1003, 1021]}, {"key": "pursuant-to-section", "type": "definition", "offset": [1041, 1060]}, {"key": "voting-authority", "type": "clause", "offset": [1070, 1086]}, {"key": "the-company-shall", "type": "clause", "offset": [1138, 1155]}, {"key": "the-right", "type": "clause", "offset": [1161, 1170]}, {"key": "at-any-time", "type": "clause", "offset": [1171, 1182]}, {"key": "sole-discretion", "type": "definition", "offset": [1213, 1228]}, {"key": "substitute-assets", "type": "definition", "offset": [1233, 1250]}, {"key": "fair-market-value", "type": "definition", "offset": [1260, 1277]}, {"key": "company-in", "type": "clause", "offset": [1345, 1355]}, {"key": "a-non", "type": "clause", "offset": [1356, 1361]}, {"key": "fiduciary-capacity", "type": "clause", "offset": [1362, 1380]}, {"key": "consent-of", "type": "clause", "offset": [1405, 1415]}, {"key": "any-person", "type": "definition", "offset": [1416, 1426]}, {"key": "a-fiduciary", "type": "definition", "offset": [1430, 1441]}, {"key": "instructions-of-the-company", "type": "clause", "offset": [1504, 1531]}, {"key": "in-accordance-with", "type": "definition", "offset": [1532, 1550]}, {"key": "the-trust-assets", "type": "clause", "offset": [1647, 1663]}, {"key": "in-common-stock", "type": "clause", "offset": [1701, 1716]}, {"key": "convertible-preferred-stock", "type": "clause", "offset": [1735, 1762]}, {"key": "convertible-debentures", "type": "definition", "offset": [1783, 1805]}, {"key": "commercial-paper", "type": "clause", "offset": [1835, 1851]}, {"key": "evidences-of-indebtedness", "type": "clause", "offset": [1862, 1887]}, {"key": "shares-of", "type": "clause", "offset": [1929, 1938]}, {"key": "mutual-funds", "type": "clause", "offset": [1939, 1951]}, {"key": "guaranteed-investment-contracts", "type": "clause", "offset": [1953, 1984]}, {"key": "other-securities", "type": "definition", "offset": [2013, 2029]}, {"key": "policies-of", "type": "definition", "offset": [2031, 2042]}, {"key": "life-insurance", "type": "clause", "offset": [2043, 2057]}, {"key": "other-insurance-contracts", "type": "clause", "offset": [2059, 2084]}, {"key": "annuity-contracts", "type": "definition", "offset": [2086, 2103]}, {"key": "sell-securities", "type": "clause", "offset": [2132, 2147]}, {"key": "other-assets", "type": "definition", "offset": [2151, 2163]}, {"key": "all-other-property", "type": "clause", "offset": [2169, 2187]}, {"key": "the-assets", "type": "clause", "offset": [2299, 2309]}, {"key": "savings-accounts", "type": "definition", "offset": [2326, 2342]}, {"key": "certificates-of-deposit", "type": "clause", "offset": [2346, 2369]}, {"key": "other-deposits", "type": "clause", "offset": [2373, 2387]}, {"key": "a-bank", "type": "clause", "offset": [2391, 2397]}, {"key": "savings-and-loan-association", "type": "definition", "offset": [2401, 2429]}, {"key": "depository-institution", "type": "definition", "offset": [2439, 2461]}, {"key": "reasonable-interest-rate", "type": "definition", "offset": [2493, 2517]}, {"key": "to-submit", "type": "definition", "offset": [2523, 2532]}, {"key": "to-the-company", "type": "definition", "offset": [2558, 2572]}, {"key": "received-by", "type": "definition", "offset": [2590, 2601]}, {"key": "ownership-rights", "type": "definition", "offset": [2624, 2640]}, {"key": "pertaining-to", "type": "definition", "offset": [2641, 2654]}, {"key": "all-property", "type": "clause", "offset": [2732, 2744]}, {"key": "to-sell", "type": "clause", "offset": [2791, 2798]}, {"key": "this-trust", "type": "definition", "offset": [2897, 2907]}, {"key": "otherwise-dispose-of", "type": "definition", "offset": [2913, 2933]}, {"key": "execute-and-deliver", "type": "clause", "offset": [2975, 2994]}, {"key": "all-documents", "type": "clause", "offset": [3003, 3016]}, {"key": "instruments-in-writing", "type": "clause", "offset": [3038, 3060]}, {"key": "powers-and-duties", "type": "clause", "offset": [3128, 3145]}, {"key": "trust-agreement", "type": "clause", "offset": [3164, 3179]}, {"key": "liability-for-interest", "type": "clause", "offset": [3210, 3232]}, {"key": "payment-of-expenses", "type": "definition", "offset": [3289, 3308]}, {"key": "distribution-of-benefits", "type": "clause", "offset": [3317, 3341]}, {"key": "authorized-party", "type": "definition", "offset": [3515, 3531]}, {"key": "appointment-of-agents", "type": "clause", "offset": [3536, 3557]}, {"key": "other-jurisdictions", "type": "definition", "offset": [3578, 3597]}, {"key": "transfer-of-property", "type": "clause", "offset": [3625, 3645]}, {"key": "the-grant", "type": "definition", "offset": [3693, 3702]}, {"key": "in-person", "type": "clause", "offset": [3794, 3803]}, {"key": "by-general", "type": "clause", "offset": [3807, 3817]}, {"key": "limited-proxy", "type": "clause", "offset": [3821, 3834]}, {"key": "to-exercise", "type": "clause", "offset": [3932, 3943]}, {"key": "limited-power-of-attorney", "type": "definition", "offset": [3973, 3998]}, {"key": "authorized-investment", "type": "definition", "offset": [4065, 4086]}, {"key": "maintain-accounts", "type": "clause", "offset": [4113, 4130]}, {"key": "affiliate-of", "type": "definition", "offset": [4303, 4315]}, {"key": "further-rights", "type": "clause", "offset": [4353, 4367]}, {"key": "the-laws", "type": "definition", "offset": [4461, 4469]}, {"key": "the-state", "type": "clause", "offset": [4473, 4482]}, {"key": "principal-place-of-business", "type": "definition", "offset": [4512, 4539]}, {"key": "upon-the-trustee", "type": "definition", "offset": [4569, 4585]}, {"key": "limitation-of", "type": "clause", "offset": [4609, 4622]}, {"key": "addition-thereto", "type": "definition", "offset": [4671, 4687]}, {"key": "authorized-instructions", "type": "definition", "offset": [4776, 4799]}, {"key": "the-trustee-acts", "type": "clause", "offset": [4811, 4827]}, {"key": "section-9", "type": "definition", "offset": [4909, 4918]}], "snippet": "(a) The Trustee shall invest and reinvest the principal and income of the Trust as directed by Company or its properly designated agent which directions may be changed from time to time. To the maximum extent permitted by law, the Trustee shall have no duty or responsibility (i) to advise with respect to, or inquire as to the propriety of, any such investment direction or (ii) for any investment decisions made with respect to the Trust by the Company. In the absence of investment direction, the Trustee shall have no obligation to invest Trust assets, but may invest Trust assets in any manner permitted under Section 5(d).\n(b) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee and shall in no event be exercised by or rest with Plan participants, except that voting rights with respect to Trust assets will be exercised by the Company, unless an investment adviser has been appointed pursuant to Section 5(a) and voting authority has been delegated to such investment adviser.\n(c) The Company shall have the right 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. This right is exercisable by the Company in a non-fiduciary capacity without the approval or consent of any person in a fiduciary capacity.\n(d) In administering the Trust and carrying out the instructions of the Company in accordance with Section 5(a) above, the Trustee shall be specifically authorized to:\n(1) To invest and reinvest the Trust assets, together with the income therefrom, in common stock, preferred stock, convertible preferred stock, bonds, debentures, convertible debentures and bonds, mortgages, notes, commercial paper and other evidences of indebtedness (including those issued by the Trustee), shares of mutual funds, guaranteed investment contracts, bank investment contracts, other securities, policies of life insurance, other insurance contracts, annuity contracts, options, options to buy or sell securities or other assets, and all other property of any type (personal, real or mixed, and tangible or intangible);\n(2) To deposit or invest all or any part of the assets of the Trust in savings accounts or certificates of deposit or other deposits in a bank or savings and loan association or other depository institution, provided such deposits bear a reasonable interest rate;\n(3) To submit or cause to be submitted to the Company, all information received by the Trustee regarding ownership rights pertaining to property held in the Trust;\n(4) To hold, manage, improve, repair and control all property, real or personal, forming part of the Trust; to sell, convey, transfer, exchange, partition, lease for any term, even extending beyond the duration of this Trust, and otherwise dispose of the same from time to time;\n(5) To make, execute and deliver any and all documents, agreements or other instruments in writing as are necessary or desirable for the accomplishment of any of the powers and duties set forth in this Trust Agreement;\n(6) To hold in cash, without liability for interest, such portion of the Trust as is pending investment, or payment of expenses, or the distribution of benefits;\n(7) To take such actions as may be necessary or desirable to protect the Trust from loss due to the default on mortgages held in the Trust including with the consent of an Authorized Party the appointment of agents or trustees in such other jurisdictions as may seem desirable, the transfer of property to such agents or trustees as is necessary, or the grant to such agents such powers as are necessary or desirable to protect the Trust.\n(8) To vote in person or by general or limited proxy, as directed by an Authorized Party, any securities in which the Trust is invested and similarly to exercise, personally or by general or limited power of attorney, as directed by an Authorized Party, any right appurtenant to any authorized investment held in the Trust.\n(9) To maintain accounts at, execute transactions through, and lend on an adequately secured basis stocks, bonds or other securities to, any brokerage or other firm, including any firm which is an affiliate of Trustee;\n(10) To exercise all of the further rights, powers, options and privileges granted, provided for, or vested in trustees generally under the laws of the state in which the Trustee has its principal place of business so that the powers conferred upon the Trustee herein shall not be in limitation of any authority conferred by law, but shall be in addition thereto.\n(e) The Trustee may exercise the powers described in this Section 5(d) with or without Authorized Instructions, but where the Trustee acts on Authorized Instructions, the Trustee shall be fully protected as described in Section 9.", "samples": [{"hash": "cMg53My033z", "uri": "/contracts/cMg53My033z#investment-authority", "label": "Trust Agreement (Greenbrier Companies Inc)", "score": 22.0225868225, "published": true}, {"hash": "4L5z6xNVpjd", "uri": "/contracts/4L5z6xNVpjd#investment-authority", "label": "Trust Agreement (Greenbrier Companies Inc)", "score": 22.0225868225, "published": true}, {"hash": "aNjzepE86nL", "uri": "/contracts/aNjzepE86nL#investment-authority", "label": "Retirement Benefit Restoration Plan (Weingarten Realty Investors /Tx/)", "score": 19.0, "published": true}], "size": 18, "hash": "f0344528d8d7f66d2aaeb734723fb686", "id": 10}], "next_curs": "Cl0SV2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjkLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih1pbnZlc3RtZW50LWF1dGhvcml0eSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [["", ""], ["substitution-of-assets", "Substitution of Assets"], ["general", "General"], ["investment-guidelines-and-directives", "Investment Guidelines and Directives"], ["powers-of-trustee", "POWERS OF TRUSTEE"]], "title": "Investment Authority", "parents": [["whereas", "WHEREAS"], ["the-advisors-services", "The Advisors Services"], ["services-of-the-adviser", "Services of the Adviser"], ["investment-advisory-services", "Investment Advisory Services"], ["custodians-responsibilities-and-liabilities", "Custodians Responsibilities and Liabilities"]], "size": 928, "id": "investment-authority", "related": [["management-authority", "Management Authority", "Management Authority"], ["agreement-authority", "AGREEMENT AUTHORITY", "AGREEMENT AUTHORITY"], ["settlement-authority", "Settlement Authority", "Settlement Authority"], ["scope-of-investment-authority", "Scope of Investment Authority", "Scope of <strong>Investment Authority</strong>"], ["agent-authorization", "Agent Authorization", "Agent Authorization"]], "related_snippets": [], "updated": "2026-08-07T06:01:57+00:00"}, "json": true, "cursor": ""}}