Common use of Trustee Status Clause in Contracts

Trustee Status. The Trustee, individually or otherwise (a) may hold Class A Common Stock, Class B Common Stock or other securities of SRAM or possess Trust Interests issued hereunder, (b) may be a director, officer, employee or other agent or representative of SRAM and its affiliates, (c) may vote for himself or herself as a director of SRAM and (d) may contract, directly or through any firm of which he or she is a member, or a corporation in which he or she is a stockholder, director, officer, employee or other agent or representative, or in which he may be otherwise interested, with SRAM or have a pecuniary interest in any matter or transaction to which SRAM or another Trustee may be a party, in each case as fully as though such person were not a Trustee hereunder. A Trustee, if a director of SRAM, may vote for himself as an officer and/or employee of SRAM and may participate in fixing the amount of compensation for such services. Any Trustee who is also a Beneficiary shall have all rights accorded Beneficiaries hereunder.