HomeMy WebLinkAbout2231 ` intanqible, as the trustee shall deter~ine to be advisable, in-
~ clu~inn, wittiout limitatio~: th~reto, cor.~r,or~ or pref~rre~ stocks
of all kincis, Y~onas, notes anc? otner seeurities of any kinct issuea
u_~ tr.c ~i:;ployer. T~?e f~reaoinq notwithstandinq, t+~e trustea may
retain for such lenqth af time as in the discretion of the trustee
seems advisable any casii, securities or other property received by
the trustee, whether as contributions from tha employer or other-
wise, anc witnout rer,ar.i te wt~c~ther the trustee woulu have Uurch-
ase~3 sucz sectirities or oti~er ~roperty as an investm~:nt. Further,
the tru:tae s`:all iiave full anc'_ compZete discretionary autt~ority
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to keep and :n4intain such portion of the assets of the auxiliary i
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func: in casn or as aer~and deposits in banks as the trustee ~r.ay ~
fror~ time *o tir~e determine to be advisable, and the trustee shall ~
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nat incur liar~ility because of the failure of the cash portion of
~:ie trust func: to eari; interest or otherwise produce income.
t•~iti~out limitinr, the generality of the foreaoing, the
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ileclaration of Trust executed b}~ REGAL PET CENTERS OF MIAMI, INC.,
a Floric3a corporation, for qualified Employee Benefit Plans is
' hereby incorporatec' by reference and ma~e a part of this agreeinent, ~
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~ and, notwithstanding~~any other provision of this aqreement, the
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~ trustee may cause any part of all of the money, other assets, or
~ i~ct:~, without limitation as to amount, to be commingled with the
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rr~o~-~ey and assets of similar or like trusts created by others and
invested as a part of either or pot:i of the Funds created by said
Ueclaration of Trust, and suc:~ r~oney, other asscts, or Lot'r., of
t.'~is i'rust so a4de~ to either of saic: Funds at any time shall be
subject to alI the provisians of saic! Declaration of Trust, as the
sar~e mav be a:i~t~dec: fram time to time.
~ Powers of Trustee. Ir. ~mplementation of anc in
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~ a~dition to the power tv invest an:': reinvest the aizxi2iary: fund,
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as proridec'. for above, the trustee shall- have full ancl eomplete
~owar, t:~e exercise of which may be reli~d upon by any person
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