Common use of Fiduciary Responsibility Clause in Contracts

Fiduciary Responsibility. Client acknowledges that: (i) Consultant shall have no discretionary authority or discretionary control respecting the management of any of the employee benefit plans; (ii) Consultant shall exercise no authority or control with respect to management or disposition of the assets of Client's employee benefit plans; and (iii) Consultant shall perform services pursuant to this Agreement in a non-fiduciary capacity. Client agrees to notify Consultant as soon as possible of any proposed amendments to the plans' legal documents to the extent that the amendments would affect Consultant in the performance of its obligations under this Agreement. Client agrees to submit (or cause its agent, consultants or vendors to submit) all information in its (or their) control reasonably necessary for Consultant to perform the services covered by this Agreement.

Appears in 3 contracts

Samples: Consulting Agreement, Consulting Agreement, Consulting Agreement

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Fiduciary Responsibility. Client acknowledges that: (i) Consultant shall have no discretionary authority or discretionary control respecting the management of any of the employee benefit plans; (ii) Consultant shall exercise no authority or control with respect to management or disposition of the assets of Client's employee benefit plans; and (iii) Consultant shall perform services pursuant to this Agreement in a non-fiduciary non‐fiduciary capacity. Client agrees to notify Consultant as soon as possible of any proposed amendments to the plans' legal documents to the extent that the amendments would affect Consultant in the performance of its obligations under this Agreement. Client agrees to submit (or cause its agent, consultants or vendors to submit) all information in its (or their) control reasonably necessary for Consultant to perform the services covered by this Agreement.

Appears in 1 contract

Samples: Consulting Agreement

Fiduciary Responsibility. Client acknowledges that: (i) Consultant shall have no discretionary authority or discretionary control respecting the management of any of the employee benefit plans; (ii) Consultant shall exercise no authority or control with respect to management or disposition of the assets of Client's employee benefit plans; and (iii) Consultant shall perform services pursuant to this Agreement in a non-fiduciary capacity. Client agrees to notify Consultant as soon as possible of any proposed amendments to the plans' legal documents to the extent that the amendments would affect Consultant in the performance of its obligations under this Agreement. Client agrees to submit (or cause its agent, consultants consultants, or vendors to submit) all information in its (or their) control reasonably necessary for Consultant to perform the services covered by this Agreement.

Appears in 1 contract

Samples: Benefits Consulting Services Agreement

Fiduciary Responsibility. Client acknowledges that: (iI) Consultant shall have no discretionary authority or discretionary control respecting the management of any of the employee benefit plans; (ii) Consultant shall exercise no authority or control with respect to management or disposition of the assets of Client's employee benefit plans; and (iii) Consultant shall perform services pursuant to this Agreement in a non-fiduciary capacity. Client agrees to notify Consultant as soon as possible of any proposed amendments to the plans' legal documents to the extent that the amendments would affect Consultant in the performance of its obligations under this Agreement. Client agrees to submit (or cause its agent, consultants or vendors to submit) all information in its (or their) control reasonably necessary for Consultant to perform the services covered by this Agreement.

Appears in 1 contract

Samples: Consulting Agreement

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Fiduciary Responsibility. Client acknowledges that: (i) Consultant Advisors shall have no discretionary authority or discretionary control respecting the management of any of the employee benefit plans; (ii) Consultant Advisors shall exercise no authority or control with respect to management or disposition of the assets of Client's employee benefit plans; and (iii) Consultant Advisors shall perform services pursuant to this Agreement in a non-fiduciary capacity. Client agrees to notify Consultant Advisors as soon as possible of any proposed amendments to the plans' legal documents to the extent that the amendments would affect Consultant Advisors in the performance of its obligations under this Agreement. Client agrees to submit (or cause its agent, consultants Advisors, or vendors to submit) all information in its (or their) control reasonably necessary for Consultant Advisors to perform the services covered by this Agreement.

Appears in 1 contract

Samples: Health Insurance Advisory Services Agreement

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