Common use of Payment by Mail Clause in Contracts

Payment by Mail. If any check in payment of a benefit hereunder, which had been mailed by regular U.S. mail to the last address of the payee is returned undelivered, the Trustee shall so notify the Employer and shall discontinue further payments to such payee until it receives further instructions from the Employer. The Trustee shall have no duty to locate participants.

Appears in 2 contracts

Sources: Trust Agreement (Spire Corp), Trust Agreement (Connecticut Water Service Inc / Ct)