Common use of Exclusive Benefit Clause in Contracts

Exclusive Benefit. The Trustee shall hold the assets of the Trust Fund for the exclusive purpose of providing benefits to Participants and Beneficiaries and defraying the reasonable expenses of administering the Plan. No assets of the Plan shall revert to the Employer except as specifically permitted by the terms of the Plan.

Appears in 16 contracts

Samples: Alcoa Inc., Alcoa Inc., Alcoa Inc.

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Exclusive Benefit. The Trustee shall hold the assets of the Trust Fund ----------------- for the exclusive purpose of providing benefits to 8/1/93 Participants and Beneficiaries and defraying the reasonable expenses of administering the Plan. No assets of the Plan shall revert to the Employer except as specifically permitted by the terms of the Plan.

Appears in 1 contract

Samples: Impac Group Inc /De/

Exclusive Benefit. The Trustee shall hold the assets of the Trust Fund for the exclusive purpose of providing benefits to Participants and Beneficiaries and defraying the reasonable expenses of administering the Plan. No assets of the Plan shall revert to the Employer except as specifically permitted by the terms of the Plan.. 14.04

Appears in 1 contract

Samples: Celadon Group Inc

Exclusive Benefit. The Trustee shall hold the assets of the Trust Fund for the exclusive purpose of providing benefits to 58 Participants and Beneficiaries and defraying the reasonable expenses of administering the Plan. No assets of the Plan shall revert to the Employer except as specifically permitted by the terms of the Plan.

Appears in 1 contract

Samples: Jaymark Inc

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Exclusive Benefit. The Trustee shall hold the assets of the Trust Fund ----------------- for the exclusive purpose of providing benefits to Participants and EXHIBIT 4.1 page 52 Beneficiaries and defraying the reasonable expenses of administering the Plan. No assets of the Plan shall revert to the Employer except as specifically permitted by the terms of the Plan.

Appears in 1 contract

Samples: Technitrol Inc

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