Common use of Administration of Plans Clause in Contracts

Administration of Plans. All decisions with respect to the design, implementation, and administration of the plans and programs set forth in this Article, including the selection of insurance carriers and the investment options to be available under the Retirement and 401(k) Savings Plan, will be made by the WNBA. The Players Association waives any right to participate in the design, implementation, and administration of the plans and programs, including the selection from time to time of new insurance carriers and the investment options to be available under the Retirement and 401(k) Savings Plan. Notwithstanding the foregoing, the WNBA shall consult with the Players Association prior to any substantial changes (e.g., a new carrier), and the Players Association reserves the right to grieve under the procedures set forth in Article XXII any alleged failure by the WNBA to provide the benefits that it has agreed to provide under this Article.