Common use of Resignation or Removal of Custodian Clause in Contracts

Resignation or Removal of Custodian. (a) If either party chooses to terminate pursuant to Section 12 of the Agreement the Transfer Agent may thereupon resign as custodian in respect to any or all of the Retirement Accounts upon sixty (60) days' prior written notice to the Trust. In such an event, the Trust will promptly distribute the notice of the custodian's resignation to such persons and in such manner as are called for under the applicable provisions of the Retirement Account and in form and content satisfactory to and signed by the Transfer Agent. The Trust shall be responsible to obtain a successor custodian for all Retirement Accounts.

Resignation or Removal of Custodian. (a) If either party chooses to terminate pursuant to Section 12 13 of the Agreement the Transfer Agent may thereupon resign as custodian in respect to any or all of the Retirement Accounts upon sixty thirty (6030) days' prior written notice to the TrustFund. In such an event, the Trust Fund will promptly distribute the notice of the custodian's resignation to such persons and in such manner as are called for under the applicable provisions of the Retirement Account and in form and content satisfactory to and signed by the Transfer Agent. The Trust Fund shall be responsible to obtain a successor custodian for all Retirement Accounts.

Resignation or Removal of Custodian. (a) If either party chooses to terminate pursuant to Section 12 13 of the Agreement the Transfer Agent Custodian may thereupon resign as custodian in respect to any or all of the Retirement Accounts upon sixty thirty (6030) days' prior written notice to the TrustFund. In such an event, the Trust Fund will promptly distribute the notice of the custodianCustodian's resignation to such persons and in such manner as are called for under the applicable provisions of the Retirement Account and in form and content satisfactory to and signed by the Transfer AgentCustodian. The Trust Fund shall be responsible to obtain a successor custodian for all Retirement Accounts.

Resignation or Removal of Custodian. (a) If either party chooses to terminate pursuant to Section 12 13 of the Agreement the Transfer Agent Custodian may thereupon resign as custodian in respect to any or all of the Retirement Accounts upon sixty thirty (6030) days' ’ prior written notice to the TrustFund. In such an event, the Trust Fund will promptly distribute the notice of the custodian's Custodian’s resignation to such persons and in such manner as are called for under the applicable provisions of the Retirement Account and in form and content satisfactory to and signed by the Transfer AgentCustodian. The Trust Fund shall be responsible to obtain a successor custodian for all Retirement Accounts.