Common use of Obligations under Law Clause in Contracts

Obligations under Law. Regardless of any general or specific power or authority granted to it, the Trustee may not engage in any transaction, exercise any power or perform any duty under this Trust in violation of the Code, the Employee Retirement Income Security Act, as amended, or any regulations or rulings issued under those laws.

Appears in 6 contracts

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

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Obligations under Law. Regardless of any general or specific power or authority granted to it, the Trustee may not engage in any transaction, exercise any power or perform any duty under this Trust in violation of the Internal Revenue Code, the Employee Retirement Income Security Act, as amended, or any regulations or rulings issued under those laws.

Appears in 2 contracts

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

Obligations under Law. Regardless of any general or specific power or authority granted to it, the Trustee may not engage in any transaction, exercise any power or perform any duty under this Trust in violation of the Internal Revenue Code, the Employee Retirement Income Security Act, as amended, or any regulations or rulings issued under those laws.

Appears in 1 contract

Samples: Executive Employment Agreement (TBC Corp)

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Obligations under Law. Regardless of any general or specific power or authority granted to it, the Trustee may not engage in any transaction, exercise any power or perform any duty under this Trust in violation of any law (including the Code, the Internal Revenue Code and Employee Retirement Income Security Act, as amended), or any regulations or rulings issued under those laws.

Appears in 1 contract

Samples: Trust Agreement (Amcast Industrial Corp)

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