Common use of Control Of Plan Assets Clause in Contracts

Control Of Plan Assets. The assets of the Fund or evidence of ownership shall be held by the Trustee under the terms of the Plan and Trust. If the assets represent amounts transferred from another trustee under a former plan, the Trustee named hereunder shall not be responsible for the propriety of any investment under the former plan.

Appears in 4 contracts

Samples: East West Bancorp Inc, Adoption Agreement (Shared Technologies Cellular Inc), Standarized Adoption Agreement (Oregon Trail Financial Corp)

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Control Of Plan Assets. The assets of the Fund or evidence of ownership shall be held by the Trustee under the terms of the Plan and TrustTrust Account. If the assets represent amounts transferred from another trustee or custodian under a former plan, the Trustee named hereunder shall not be responsible for the propriety of any investment under the former plan.

Appears in 2 contracts

Samples: First Keystone Corp, First Keystone Corp

Control Of Plan Assets. The assets of the Fund or evidence of ownership shall be held by the Trustee under the terms of the Plan and Trust. If the assets represent amounts transferred from another trustee under a former planPlan, the Trustee named hereunder shall not be responsible for the propriety of any investment under the former plan.

Appears in 1 contract

Samples: Inventa Technologies Inc

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Control Of Plan Assets. The assets of the Fund or evidence of ownership shall be held by the Trustee Trustee/Custodian under the terms of the Plan and Trust/Custodial Account. If the assets represent amounts transferred from another trustee trustee/ custodian under a former plan, the Trustee Trustee/Custodian named hereunder shall not be responsible for the propriety of any investment under the former plan.

Appears in 1 contract

Samples: Professionals Insurance Co Management Group

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