Common use of Erisa Provision Clause in Contracts

Erisa Provision. A. Named Fiduciary and Plan Administrator: The "Named Fiduciary and Plan Administrator" of this Executive Plan shall be First National Bank of Gaylord until its resignation or removal by the Boaxx. Xx Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control and administration of the Executive Plan. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Executive Plan including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 2 contracts

Samples: Continuation Agreement (North Bancorp Inc), Executive Salary Continuation Agreement (North Bancorp Inc)

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Erisa Provision. A. Named Fiduciary and Plan Administrator: The "Named Fiduciary and Plan Administrator" of this Executive Plan plan shall be The First National Federal Savings Bank of Gaylord LaGrange until its resignation or removal by the BoaxxBoard. Xx As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control and administration of the Executive PlanSalary Continuation Agreement as established herein. The Named Fiduciary He may delegate to others certain aspects of the management and operation responsibilities of the Executive Plan plan including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Continuation Plan Agreement (Flag Financial Corp)

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Erisa Provision. A. Named Fiduciary and Plan AdministratorNAMED FIDUCIARY AND PLAN ADMINISTRATOR: The "Named Fiduciary and Plan Administrator" of this Executive Plan shall be First National Hampden Savings Bank of Gaylord until its resignation or removal by the BoaxxBoard. Xx As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control and administration of the Executive Plan. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Executive Plan including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Hampden Bancorp, Inc.

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