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[Hamilton Manufacturing Company meeting minutes, 1941-1947]
(1941-1947)

1943


17,. While the Comparjny intends to continuemkn annu-il
contributions to the trust sufficient to enable the
Trustee to pay accruing premiums on all endowment or
annuity policies held by it, the Company nevertheless
shall not be obligated to continue such contributions,
but may reduce or discontinue the same.
14. In case of termination, the Trustee shall be reauired to
distribute the remaining assets of the trust to the
persons who at the time are Participants or retired
Participants, or to their respective beneficiaries.
15. The trust indenture shall include proper provision for
appointment of successor trustees, for payment of
administration expenses, for relieving the Trustee of
any liability on account of its acts in administering
the trust (except in the case of its wilful miscounduct
or gross negligence) and for the making of amendments
in the trust indenture that shall not substantially
alter the Plan.
16. Distribution of benefits to Participants under the Plan
shall be integrated with Social Security.
There being no further business to come before this
meeting, the same was on motion duly adjourned to February 10,
1944.
/-     Secretary
I


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