Common use of Group’s Duties Clause in Contracts

Group’s Duties. The Group acknowledges and understands that it is the “administrator” and “sponsor” of the Plan as those terms are defined under ERISA or other applicable law. Among other things, this imposes upon the Group the sole legal responsibility to (i) to review the benefit booklet or insert prepared by the Company, (ii) determine whether the benefit booklet or insert distributed to plan members satisfies ERISA’s definition of an SPD, (iii) ascertain that the booklet or insert accurately and fully describes the benefits that the Group intends the Company to provide or administer, and (iv) distribute the booklet or insert in a timely fashion and appropriate manner to plan members.