Common use of Trust Assets and Allocation to Plans Clause in Contracts

Trust Assets and Allocation to Plans. The Trustee shall hold all assets contributed or otherwise obtained by the Trust and shall distribute such contributions and any earnings thereon to such Administrators, Employees or Participants as the Committee may from time to time direct pursuant to Section 8 hereof or as may be required pursuant to Section 8 hereof.

Appears in 3 contracts

Samples: Benefit Equity Trust Agreement (Beckman Coulter Inc), Trust Agreement (Beckman Instruments Inc), Trust Agreement (Beckman Instruments Inc)

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Trust Assets and Allocation to Plans. The Subject to Sections 4.1 and 17, the Trustee shall hold all assets contributed or otherwise obtained by the Trust and shall distribute such contributions assets and any earnings thereon to such AdministratorsAdministrators or Participants, Employees as provided for and in accordance with this Trust Agreement or Participants as use such assets to pay obligations of the Committee may from time Trust described in Section 9 or to time direct pursuant to Section 8 hereof or as may be required pursuant to Section 8 hereofrepay a loan described in Subsection 4.1(b).

Appears in 2 contracts

Samples: Trust Agreement (Kaufman & Broad Home Corp), Trust Agreement (Wachovia Corp/ Nc)

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Trust Assets and Allocation to Plans. The Trustee shall hold all assets contributed or otherwise obtained by the Trust and shall distribute such contributions assets and any earnings thereon to such Administrators, Employees Participants or Participants the Director, as provided for and in accordance with this Trust Agreement or use such assets to pay obligations of the Committee may from time Trust described in Section 9 or to time direct pursuant to Section 8 hereof or as may be required pursuant to Section 8 hereofrepay a loan described in Subsection 4.1.2.

Appears in 1 contract

Samples: Trust Agreement (Vencor Inc)

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