Common use of Payments to the Company Clause in Contracts

Payments to the Company. (a) Except as provided in Sections 2(c), 3, 5(b) and 8(a), the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the Arrangements.

Appears in 2 contracts

Samples: Grantor Trust Agreement (Conocophillips), Grantor Trust Agreement (Conocophillips)

AutoNDA by SimpleDocs

Payments to the Company. (a) Except as provided in Sections 2(cSection 1(i), Section 2, Section 3, Section 5(b) ), and 8(a)Section 8 hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the Arrangements.

Appears in 2 contracts

Samples: Director Compensation Trust Agreement (Allete Inc), Deferred Compensation Trust Agreement (Allete Inc)

Payments to the Company. (a) Except as provided in Sections 2(cSection 1(h), Section 2(b), Section 3, Section 5(b), and Section 8(a) and 8(a)hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the Arrangements.

Appears in 2 contracts

Samples: Corporation Grantor Trust Agreement (Alcoa Corp), Grantor Trust Agreement (Lci Industries)

Payments to the Company. (a) Except as provided in Sections 2(cSection 2(b), 3Section 5(b), 5(band Section 8(a) and 8(a)hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the Arrangements.

Appears in 2 contracts

Samples: Officer Grantor Trust Agreement (PACIFIC GAS & ELECTRIC Co), Grantor Trust Agreement (PACIFIC GAS & ELECTRIC Co)

Payments to the Company. (a) Except as provided in Sections 2(c), 3, 4 and 5(b) and 8(a)hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of all benefits have been made to Plan Participants and their Beneficiaries beneficiaries pursuant to the terms of the ArrangementsPlans.

Appears in 2 contracts

Samples: Trust Agreement (Enserch Exploration Inc), Trust Agreement (Enserch Corp)

Payments to the Company. (a) Except as provided in Sections 2(cSection 1(h), Section 3, Section 5(b) ), and Section 8(a), the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others persons other than Participants and their Beneficiaries any of the Trust assets before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the Arrangements.

Appears in 1 contract

Samples: Grantor Trust Agreement (Oshkosh Corp)

Payments to the Company. (a) Except as provided in Sections 2(c), 3, 5(b4(b) and 8(a)4(c) hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the Arrangementsassets.

Appears in 1 contract

Samples: Jsop Trust Agreement (Virgin Media Investments LTD)

Payments to the Company. (a) Except as provided in Sections 2(cSection 1(h), Section 3, Section 5(b) ), and Section 8(a), the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others persons other than Participants and their Beneficiaries any of the Trust assets before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the ArrangementsPlans.

Appears in 1 contract

Samples: Grantor Trust Agreement (Oshkosh Corp)

Payments to the Company. (a) Except as provided in Sections 2(cSection 2(b), Section 3, Section 5(b), and Section 8(a) and 8(a)hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the Arrangements.

Appears in 1 contract

Samples: Grantor Trust Agreement (Alcoa Corp)

Payments to the Company. (a) Except as provided in Section 3 and Sections 2(c), 3, 5(b) and 8(a)(c) hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the Arrangements.

Appears in 1 contract

Samples: Boys Grantor Trust Agreement (Pep Boys Manny Moe & Jack)

AutoNDA by SimpleDocs

Payments to the Company. (a) Except as provided in Sections 2(cSection 2(b), Section 3, Section 5(b) ), and Section 8(a), the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the Arrangements.

Appears in 1 contract

Samples: Compensation Plan Trust (Smart & Final Stores, Inc.)

Payments to the Company. (a) Except as provided in Sections 2(cSection 2(b), 3, Section 3 and Section 5(b) and 8(a)hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the Arrangements.

Appears in 1 contract

Samples: Non Qualified Savings Plan Rabbi Trust Agreement (Lri Holdings, Inc.)

Payments to the Company. (a) Except as provided in Sections 2(c), 3, 5(b) ), and 8(a)) hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets assets, including the Expense Reserve or any remaining balance thereof, before all the payment of all benefits have has been made to the Participants and their Beneficiaries pursuant to the terms of the Arrangements.

Appears in 1 contract

Samples: Grantor Trust Agreement (Technitrol Inc)

Payments to the Company. (a) Except as provided in Sections 2(cSection l(h), 3, Section 3 and Section 5(b) and 8(a)hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the Arrangements.

Appears in 1 contract

Samples: Grantor Trust Agreement (Thoratec Corp)

Payments to the Company. (a) Except as provided in Sections 2(cSection 2(b), Section 3, Section 5(b), and Section 8(a) and 8(a)hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the assets of the Trust assets Fund before all payment of benefits have been made to Participants and their Beneficiaries pursuant to the terms of the ArrangementsPlans.

Appears in 1 contract

Samples: Grantor Trust Agreement (SJW Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.