Liability of the Corporation. Nothing contained in this Agreement shall constitute the creation of a trust or other fiduciary relationship between Corporation and Employee or between Corporation and the Beneficiary or any other person. Corporation shall not be considered a trustee by reason of the existence of this Agreement.
Appears in 2 contracts
Samples: Non Qualified Deferred Compensation Agreement (Aquapenn Spring Water Company Inc), Non Qualified Deferred Compensation Agreement (Aquapenn Spring Water Company Inc)
Liability of the Corporation. Nothing contained in this the Plan or the Participation Agreement shall constitute the creation of a trust or other fiduciary relationship between Corporation and Employee Participant or between Corporation and the Beneficiary or any other person. Corporation shall not be considered a trustee by reason of the existence of this Plan or the Participation Agreement.
Appears in 1 contract
Samples: C Cor Electronics Inc
Liability of the Corporation. Nothing contained in this Agreement shall ---------------------------- constitute the creation of a trust or other fiduciary relationship between Corporation and Employee or between the Corporation and the Beneficiary Participant or between the Corporation and any other person. The Corporation shall not be considered a trustee by reason of the existence of this Agreement. No member of the Board of Directors shall be liable to any person for any action taken hereunder except those actions undertaken with lack of good faith.
Appears in 1 contract
Samples: Long Term Incentive Agreement (Midway CTS Buffalo LTD)
