Common use of Purchases and Sales from or to Sponsor Clause in Contracts

Purchases and Sales from or to Sponsor. If directed by the -------------------------------------- Sponsor in writing prior to the trading date, the Trustee may purchase or sell FMC Stock from or to the Sponsor if the purchase or sale is for adequate consideration and no commission is charged. If Sponsor contributions (employer) or contributions made by the Sponsor on behalf of the Participants (employee) under the Plan are to be invested in FMC Stock, the Sponsor may transfer FMC Stock in lieu of cash to the Trust.

Appears in 1 contract

Samples: Trust Agreement (FMC Corp)

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Purchases and Sales from or to Sponsor. If directed by -------------------------------------- the -------------------------------------- Sponsor in writing prior to the trading date, the Trustee may purchase or sell FMC Stock from or to the Sponsor if the purchase or sale is for adequate consideration and no commission is charged. If Sponsor contributions (employer) or contributions made by the Sponsor on behalf of the Participants (employee) under the Plan are to be invested in FMC Stock, the Sponsor may transfer FMC Stock in lieu of cash to the Trust.the

Appears in 1 contract

Samples: Trust Agreement (FMC Technologies Inc)

Purchases and Sales from or to Sponsor. If directed by the -------------------------------------- Sponsor in writing prior to the trading date, the Trustee may purchase or sell FMC Technologies Stock from or to the Sponsor if the purchase or sale is for adequate consideration and no commission is charged. If Sponsor contributions (employer) or contributions made by the Sponsor on behalf of the Participants (employee) under the Plan are to be invested in FMC Technologies Stock, the Sponsor may transfer FMC Technologies Stock in lieu of cash to the Trust.

Appears in 1 contract

Samples: Trust Agreement (FMC Technologies Inc)

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Purchases and Sales from or to Sponsor. If directed by the -------------------------------------- Sponsor in writing prior to the trading date, the Trustee may purchase or sell FMC Technologies Stock from or to the Sponsor if the purchase or sale is for adequate consideration (within the meaning of section 3(18) of ERISA) and no commission is charged. If Sponsor contributions (employer) or contributions made by the Sponsor on behalf of the Participants (employee) under the Plan are to be invested in FMC Technologies Stock, the Sponsor may transfer FMC Technologies Stock in lieu of cash to the Trust.

Appears in 1 contract

Samples: Trust Agreement (FMC Technologies Inc)

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