Common use of Trustee Fees Clause in Contracts

Trustee Fees. As may be agreed upon, in writing, between the Employer and Trustee, the Trustee will be paid reasonable compensation for services rendered or reimbursed for expenses properly and actually incurred in the performance of duties with respect to the Trust. The Trustee shall be entitled to receive its fees and expenses when due directly from the Trust. Notwithstanding the foregoing, any Trustee who is an employee of the Employer shall receive no fee for service as a Trustee hereunder.

Appears in 5 contracts

Samples: Trust Agreement, Trust Agreement, Special Separation Allowance Trust

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