Common use of Resignation of Trustee Clause in Contracts

Resignation of Trustee. Prior to a Change in Control, the Trustee may resign at any time by written notice to the Company. The resignation shall be effective sixty (60) days after receipt of the notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon the appointment of a successor Trustee.

Appears in 4 contracts

Samples: Executive Severance Agreement (Spartan Stores Inc), Executive Severance Agreement (Spartan Stores Inc), Executive Severance Agreement (Spartan Stores Inc)

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Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by filing its written notice to the Companyresignation with Grantor and Beneficiaries’ Representative. The Such resignation shall be effective take effect sixty (60) days after receipt from the date of the notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only such filing or upon the appointment of a successor Trusteepursuant to Section 5.3, whichever shall first occur.

Appears in 3 contracts

Samples: Indemnification Trust Agreement (Pinnacle Entertainment Inc), 2009 Officers’ Indemnification Trust Agreement (Microsoft Corp), 2003 Indemnification Trust Agreement (Microsoft Corp)

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by written notice to the Company. The resignation Employer, which shall be effective sixty (60) calendar days after receipt of the such notice unless the Company Employer and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon the appointment of a successor Trustee.

Appears in 2 contracts

Samples: Qualified Plan Trust Agreement (Weingarten Realty Investors /Tx/), Deferred Compensation Plan (Fremont General Corp)

Resignation of Trustee. Prior to a Change in Control, Any of the Trustee Trustees or any successor thereto may resign as Trustee hereunder at any time by upon delivering a written notice of such resignation, to the Company. The resignation shall be effective take effect sixty (60) days after receipt the delivery thereof to the Secretary of the notice Company, unless the Company and Board of Directors accepts shorter notice; provided, however, that no such resignation shall be effective until a Successor Trustee has assumed the office of Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon the appointment of a successor Trusteehereunder.

Appears in 2 contracts

Samples: Trust Agreement (Questech Inc), Trust Agreement (Stock Employee Compensation Trust)

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by written ---------------------- notice to the Company. The resignation , which shall be effective sixty (60) days after receipt of the such notice unless the Company and the Trustee agree otherwise. Following If a Change in ControlControl shall previously have occurred, the Trustee may resign only upon shall give such resignation notice, in writing, to the appointment Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a successor Trusteedate (not less than sixty (60) days after the giving of such notice) when such resignation shall take effect.

Appears in 2 contracts

Samples: Sunoco Inc, Sunoco Inc

Resignation of Trustee. Prior to a Change in Control, the Any Trustee may resign at any time by delivering written notice thereof to the CompanyTrustor. The resigning Trustee shall mail his or her notice of resignation shall be effective sixty (60) days after receipt by certified mail to the last-known address of the notice unless Trustor, at least thirty (30) calendar days before the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon the appointment of a successor Trustee's resignation is to take effect.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement (Pacific Ventures Group, Inc.)

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by delivering its written notice resignation to Grantor and the CompanyBeneficiaries’ Representative. The Such resignation shall be effective take effect sixty (60) days after receipt from the date of the notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only delivery or upon the appointment of a successor Trusteepursuant to Section 5.3, whichever shall first occur.

Appears in 2 contracts

Samples: Indemnification Agreement (Microsoft Corp), Directors’ Indemnification Trust Agreement (Microsoft Corp)

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by written notice to the Company. The resignation , which shall be effective sixty (60) days after receipt of the such notice unless the Company and the Trustee agree otherwise. Following If a Change in ControlControl shall previously have occurred, the Trustee may resign only upon shall give such resignation notice, in writing, to the appointment Company and the Continuing Directors, specifying a date (not less than sixty (60) days after the giving of a successor Trusteesuch notice) when such resignation shall take effect.

Appears in 2 contracts

Samples: Benefits Trust Agreement (Sunoco Inc), Trust Agreement (Sunoco Inc)

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by delivering to the Employer, at least 30 days before its effective date, a written notice to the Company. The resignation shall be effective sixty (60) days after receipt of the notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon the appointment of a successor Trusteehis resignation.

Appears in 1 contract

Samples: Uwharrie Capital Corp

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time without cause by giving at least 60 days' prior written notice to the Company. The Manager and each Unitholder, such resignation shall to be effective sixty (60) days after receipt of the notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon the acceptance of appointment of by a successor TrusteeTrustee in accordance with Section 11.3.

Appears in 1 contract

Samples: Business Trust Agreement (Kevco Partners Investment Trust)

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by delivering written notice thereof to the Company. The ; provided, however, that no such resignation shall be effective take effect until the earlier of (i) sixty (60) days after receipt from the date of the delivery of such notice unless to the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon or (ii) the appointment of a successor trustee. Notwithstanding the foregoing, following a Change of Control, the Trustee's resignation shall not be effective until a successor trustee has been appointed and is ready to act Hereunder.

Appears in 1 contract

Samples: Trust Agreement (Avon Products Inc)

Resignation of Trustee. Prior to a Change in Control, the Any Trustee may resign at any time by ---------------------- filing with the Company written notice to the Company. The resignation shall resignation, which will be effective sixty (60) thirty days after receipt of thereof by the notice unless the Company and the Trustee agree otherwise. Following a Change in ControlCompany, the Trustee may resign only upon the prior appointment of a successor TrusteeTrustee or upon such other date as may be mutually agreed upon.

Appears in 1 contract

Samples: Trust Agreement (BNS Co)

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by delivering its written notice resignation to the CompanyGrantor and Beneficiaries’ Representative. The Such resignation shall be effective take effect sixty (60) days after receipt from the date of the notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only delivery or upon the appointment of a successor Trusteepursuant to Section 5.3, whichever shall first occur.

Appears in 1 contract

Samples: 2003 Indemnification Trust Agreement (Microsoft Corp)

Resignation of Trustee. Prior to a Change in Control, the Any Trustee may resign at any time by filing with the Company his or her written notice to the Company. The resignation shall resignation, which will be effective sixty (60) thirty days after receipt of thereof by the notice unless the Company and the Trustee agree otherwise. Following a Change in ControlCompany, the Trustee may resign only upon the prior appointment of a successor TrusteeTrustee or upon such other date as may be mutually agreed upon.

Appears in 1 contract

Samples: Employee Stock Ownership Plan (Starrett L S Co)

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by giving thirty (30) days written notice to the Company. The resignation shall be effective sixty Board of Directors of the Company may remove the Trustee at any time by giving thirty (6030) days after receipt written notice to the Trustee. In the case of the notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon the appointment of a successor Trustee.the

Appears in 1 contract

Samples: Trust Agreement (Central Louisiana Electric Co Inc)

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Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by upon seven (7) days written notice delivered to the Company. The resignation shall be effective sixty (60) days after receipt of the notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon the appointment of a successor TrusteeCorporation.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Stewart Information Services Corp)

Resignation of Trustee. Prior to The Trustee and any successors in trust --------------------------------- may resign as Trustee hereunder by filing with the Company a Change in Controlwritten resignation, which resignation shall take effect sixty days after the date thereof, unless prior thereto a successor Trustee shall have been appointed. If no successor Trustee is appointed within sixty days after such resignation is received by the Company, the Trustee may resign at any time by written notice apply to the Company. The resignation shall be effective sixty (60) days after receipt a court of the notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon the competent jurisdiction for appointment of a successor Trustee.

Appears in 1 contract

Samples: Colgate Palmolive Co

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by upon 90 days prior written notice to the Company. The resignation shall Trust Administrator, which notice may be effective sixty (60) days after receipt of waived by the notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon the appointment of a successor Trustee.Trust Administrator.‌

Appears in 1 contract

Samples: Employment Benefits Trust Agreement

Resignation of Trustee. Prior to a Change in Control, the Any Trustee may resign at any time by filing with the Company his or her written notice to the Company. The resignation shall resignation, which will be effective sixty (60) thirty days after receipt of thereof by the notice unless the Company and the Trustee agree otherwise. Following a Change in ControlCompany, the Trustee may resign only upon the prior appointment of a successor Trustee.Trustee or Trustees, or upon such other date as may be mutually agreed upon

Appears in 1 contract

Samples: Stock Ownership Plan (Starrett L S Co)

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by delivering written notice thereof to the Company. The ; provided, however, that no such resignation shall be effective take effect until the earlier of (i) sixty (60) days after receipt from the date of the delivery of such notice unless to the Company and or (ii) the Trustee agree otherwiseappointment of a successor trustee. Following Notwithstanding the foregoing, following a Change in Control, the Trustee may resign only upon the appointment of Trustee's resignation shall not be effective until a successor Trusteetrustee has been appointed and is ready to act hereunder.

Appears in 1 contract

Samples: Grantor Trust Agreement (Alumax Inc)

Resignation of Trustee. Prior to a Change in Control, the Trustee The trustee may resign at any time resign by providing to the Grantors and the Board written notice to of the Company. The resignation resignation, which shall be effective take effect sixty (60) days after receipt of the notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only thereafter or upon the appointment of prior acceptance thereof; provided that such resignation will not be effective until a successor TrusteeTrustee has been appointed in conformity with Section 8 hereof.

Appears in 1 contract

Samples: Trust Agreement (Stephens Group Inc)

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by delivering written notice thereof to the Company. The ; provided, however, that no such resignation shall be effective will take effect until the earlier of (i) sixty (60) days after receipt from the date of the delivery of such notice unless to the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon or (ii) the appointment of a successor Trusteetrustee.

Appears in 1 contract

Samples: Trust Agreement (Dell Computer Corp)

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign at any time by written notice to notifying the CompanyCompany in writing. The resignation shall be effective sixty (60) days after receipt take effect upon the earlier of the notice unless the Company and the Trustee agree otherwise. Following a Change in Control, the Trustee may resign only upon the appointment of a successor Trusteeunder Section 6.3 or 60 days from the date the notice is given.

Appears in 1 contract

Samples: Trust Agreement (Andersen Group Inc)

Resignation of Trustee. Prior to a Change in Control, the The Trustee may resign as Trustee at ---------------------- any time by upon sixty (60) days' written notice to the CompanyInvestment Committee, or such other date as the parties may agree. The Such resignation shall be effective as of the date the Investment Committee appoints a successor trustee; provided that, if no successor trustee is appointed within sixty (60) days after the Investment Committee's receipt of the Trustee's notice unless the Company and the Trustee agree otherwise. Following a Change in Controlof resignation, the Trustee may resign only upon the appointment of a successor Trustee.apply to

Appears in 1 contract

Samples: Trust Agreement (Earthgrains Co /De/)

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