Common use of Administrative Expense Clause in Contracts

Administrative Expense. All expenses of administering this Plan shall be paid by the Corporation and no part of the expenses or taxes on the Corporation shall be charged against any Member’s Accounts or any benefits distributed under the Plan.

Appears in 2 contracts

Sources: Executive Deferred Compensation Plan (Huntington Bancshares Inc/Md), Executive Deferred Compensation Plan (Huntington Bancshares Inc/Md)