Common use of Costs of Administration Clause in Contracts

Costs of Administration. Unless some or all are paid by the Employer, all reasonable costs and expenses (including legal, accounting, and employee communication fees) incurred by the Administrator and the Trustee in administering the Plan and Trust will be paid first from the forfeitures (if any) resulting under Section 7.07, then from the remaining Trust Fund. All such costs and expenses paid from the Trust Fund will, unless allocable to the Accounts of particular Participants, be charged against the Accounts of all Participants on a prorata basis or in such other reasonable manner as may be directed by the Employer.

Appears in 5 contracts

Samples: Adoption Agreement (Infousa Inc), Adoption Agreement (Dep Corp), Jaymark Inc

AutoNDA by SimpleDocs

Costs of Administration. Unless some or all are paid by the Employer, all reasonable costs and expenses (including legal, accounting, and employee communication fees) incurred by the Administrator and the Trustee in administering the Plan and Trust will be paid first from the forfeitures (if any) resulting under Section 7.07, then from the remaining Trust Fund. All such costs and expenses paid from the Trust Fund will, unless allocable to the Accounts of particular Participants, be charged against the Accounts of all Participants on a prorata PRORATA basis or in such other reasonable manner as may be directed by the Employer.

Appears in 3 contracts

Samples: Adoption Agreement (Lawter International Inc), Adoption Agreement (Lexington Precision Corp), TSW International Inc

Costs of Administration. Unless some or all are paid by the Employer, all All reasonable costs and expenses (including legal, accounting, and employee communication fees) incurred by the Administrator and the Trustee in administering the Plan and Trust will may be paid first from the forfeitures (if any) resulting under Section 7.0711.08, then or from the remaining Trust Fund. All such costs and expenses paid from the remaining Trust Fund willshall, unless allocable to the Accounts of particular Participants, be charged against the Accounts of all Participants on a prorata basis or as provided in such other reasonable manner as may be directed by the EmployerService Agreement.

Appears in 3 contracts

Samples: Alcoa Inc., Alcoa Inc., Alcoa Inc.

Costs of Administration. Unless some or all are paid by the Employer, all reasonable costs and expenses (including legal, accounting, and employee communication fees) incurred by the Administrator and the Trustee in administering the Plan and Trust will be paid first from the forfeitures (if any) resulting under Section 7.07, then from the remaining Trust Fund. All such costs and expenses paid from the Trust Fund will, unless allocable to the Accounts of particular Participants, be charged against the Accounts of all Participants on a prorata basis or in such other reasonable manner as may be directed by the Employer.. -58- 104 ARTICLE 14

Appears in 1 contract

Samples: Adoption Agreement (Extended Systems Inc)

Costs of Administration. Unless some or all are paid by the Employer, all reasonable costs and expenses (including legal, accounting, and employee communication fees) incurred by the Administrator and the Trustee in administering the Plan and Trust will be paid first from the forfeitures (if any) resulting under Section 7.07, then from the remaining Trust Fund. All such costs and expenses paid from the Trust Fund will, unless allocable to the Accounts of particular Participants, be charged against the Accounts of all Participants on a prorata basis or in such other reasonable manner as may be directed by the Employer.

Appears in 1 contract

Samples: Celadon Group Inc

AutoNDA by SimpleDocs

Costs of Administration. Unless some or all are paid by the Employer, all All reasonable costs and expenses (including legal, accounting, and employee communication fees) incurred by the Administrator and the Trustee in administering the Plan and Trust will may be paid first from the forfeitures (if any) resulting under Section 7.0711.08, then from the suspense account described in this Section, if any, or from the remaining Trust Fund. All such costs and expenses paid from the remaining Trust Fund willshall, unless allocable to the Accounts of particular Participants, be charged against the Accounts of all Participants on a prorata basis or as provided in such other reasonable manner as may be directed by the EmployerService Agreement.

Appears in 1 contract

Samples: AVX Corp

Costs of Administration. Unless some or all are paid by the Employer, all ----------------------- reasonable costs and expenses (including legal, accounting, and employee communication fees) incurred by the Administrator and the Trustee in administering the Plan and Trust will be paid first from the forfeitures (if any) resulting under Section 7.07, then from the remaining Trust Fund. All such costs and expenses paid from the Trust Fund will, unless allocable to the Accounts of particular Participants, be charged against the Accounts of all Participants on a prorata basis or in such other reasonable manner as may be directed by the Employer.

Appears in 1 contract

Samples: Technitrol Inc

Costs of Administration. Unless some or all are paid by the Employer, ----------------------- all reasonable costs and expenses (including legal, accounting, and employee communication fees) incurred by the Administrator and the Trustee in administering the Plan and Trust will be paid first from the forfeitures (if any) resulting under Section 7.07, then from the remaining Trust Fund. All such costs and expenses paid from the Trust Fund will, unless allocable to the Accounts of particular Participants, be charged against the Accounts of all Participants on a prorata basis or in such other reasonable manner as may be directed by the Employer.

Appears in 1 contract

Samples: Impac Group Inc /De/

Time is Money Join Law Insider Premium to draft better contracts faster.