ERISA Requirements. If this Agreement is determined to constitute part of an "employee benefit plan" established or maintained by the Employer subject to Title I of ERISA, then the Employer shall be solely responsible for assuring such employee benefit plan complies at all times with the requirements of Title I of ERISA. In such a case, the Employer (or a person designated by the Employer) will be the "plan administrator" of such employee benefit plan for purposes of ERISA. Neither the Custodian nor the Company will be the "plan administrator" of such employee benefit plan for purposes of ERISA.
Appears in 6 contracts
Samples: Investment Accounting Agreement (Midas Fund Inc), Investment Accounting Agreement (Bull & Bear Special Equities Fund Inc), Investment Accounting Agreement (Bull & Bear Gold Investors LTD)
ERISA Requirements. If this Agreement is determined to constitute part of an "employee benefit plan" plan established or maintained by the Employer that is subject to Title I of ERISA, then the Employer shall be solely responsible for assuring that such employee benefit plan complies at all times with the requirements of Title I of ERISA. In such The Master Custodial Administration Agreement Administrator and the Custodian shall be under no duty to determine whether a case, the Employer (or a person designated by the Employer) will be the "plan administrator" of such constitutes an employee benefit plan for purposes that is subject to Title I of ERISA. Neither ERISA and shall be fully entitled to rely on the Custodian nor Employer’s or Plan Administrator’s representation of the Company will be the "plan administrator" of such employee benefit plan for purposes of ERISAPlan’s ERISA status.
Appears in 3 contracts
Samples: Client Services Agreement, Client Services Agreement, Client Services Agreement
ERISA Requirements. If this Agreement is determined to constitute part of an "employee benefit plan" established or maintained by the Employer subject to Title I of ERISA, then the Employer shall be solely responsible for assuring such employee benefit plan complies at all times with the requirements of Title I of ERISA. In such a case, the Employer (or a person designated by the Employer) will be the "plan administrator" of such employee benefit plan for purposes of ERISA. Neither the Custodian nor the Company will be the "plan administrator" of such employee benefit plan for purposes of ERISA.
Appears in 2 contracts
Samples: Investors Research Fund Inc, Payden & Rygel Investment Group
ERISA Requirements. If this Agreement is determined to constitute part of an "“employee benefit plan" ” established or maintained by the Employer subject to Title I of ERISA, then the Employer shall be solely responsible for assuring such employee benefit plan complies at all times with the applicable requirements of Title I of ERISA. In such a case, the Employer (or a person designated by the Employer) will be the "plan administrator" of such employee benefit plan for purposes of ERISA. Neither the Custodian nor the Company will be the "plan administrator" of such employee benefit plan for purposes of ERISA.
Appears in 1 contract
Samples: Program Custodial Agreement
ERISA Requirements. If this Agreement is determined to constitute part of an "employee Employee benefit plan" established or maintained by the Employer subject to Title I of ERISA, then the Employer shall be solely responsible for assuring such employee Employee benefit plan complies at all times with the requirements of Title I of ERISA. In such a case, the Employer (or a person designated by the Employer) will be the "plan administrator" of such employee benefit plan for purposes of ERISA. Neither the Custodian nor the Company will be the "plan administrator" of such employee benefit plan for purposes of ERISA.11.3
Appears in 1 contract
Samples: Reduction Agreement (Jackson National Capital Management Funds)
