Common use of INSPECTION AND AUDIT Clause in Contracts

INSPECTION AND AUDIT. All records generated by the Trustee in accordance with paragraphs (a) and (b) shall be open to inspection and audit, during the Trustee's regular business hours prior to the termination of this Agreement, by the Administrator or any person designated by the Administrator. Upon the resignation or removal of the Trustee or the termination of this Agreement, the Trustee shall provide to the Administrator, at no expense to the Sponsor, in the format regularly provided to the Administrator, a statement of each participant's accounts as of the resignation, removal, or termination, and the Trustee shall provide to the Administrator or the Plan's new recordkeeper such further records as are reasonable, at the Sponsor's expense.

Appears in 12 contracts

Samples: Trust Agreement (Polaris Industries Inc/Mn), Trust Agreement (Crowley Maritime Corp), Trust Agreement (20th Century Industries)

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INSPECTION AND AUDIT. All records generated by the Trustee in accordance with paragraphs (a) and (b) shall be open to inspection and audit, during the Trustee's regular business hours prior to the termination of this Agreement, by the Administrator Sponsor or any person designated by the AdministratorSponsor. Upon the resignation or removal of the Trustee or the termination of this Agreement, the Trustee shall provide to the AdministratorSponsor, at no expense to the Sponsor, in the format regularly provided to the AdministratorSponsor, a statement of each participantParticipant's accounts as of the resignation, removal, or termination, and the Trustee shall provide to the Administrator Sponsor or the Plan's new recordkeeper such further records as are reasonable, at the Sponsor's expense.

Appears in 7 contracts

Samples: Master Trust Agreement (Quanex Corp), Master Trust Agreement (Quanex Corp), Master Trust Agreement (Quanex Corp)

INSPECTION AND AUDIT. All records generated by the Trustee in accordance with paragraphs (a) and (b) shall be open to inspection and audit, during the Trustee's regular business hours prior to the termination of this Agreement, by the Administrator or any person designated by the Administrator. Upon the resignation or removal of the Trustee or the termination of this Agreement, the Trustee shall provide to the Administrator, at no expense to the Sponsor, in the format regularly provided to the Administrator, a statement of each participantParticipant's accounts as of the resignation, removal, or termination, and the Trustee shall provide to the Administrator or the Plan's new recordkeeper such further records as are reasonable, at the Sponsor's expense.

Appears in 4 contracts

Samples: Trust Agreement (Analog Devices Inc), Trust Agreement (Advo Inc), Trust Agreement (Safety Insurance Group Inc)

INSPECTION AND AUDIT. All records generated by the Trustee in accordance with paragraphs (aparagraphs(a) and (b) shall be open to inspection and audit, during the Trustee's regular business hours prior to the termination of this Agreement, by the Administrator or any person designated by the Administrator. Upon the resignation or removal of the Trustee or the termination of this Agreement, the Trustee shall provide to the Administrator, at no expense to the Sponsor, in the format regularly provided to the Administrator, a statement of each participant's accounts as of the resignation, removal, or termination, and the Trustee shall provide to the Administrator or the Plan's new recordkeeper such further records as are reasonable, at the Sponsor's expense.

Appears in 3 contracts

Samples: Trust Agreement (Lawter International Inc), Adoption Agreement (Fair Isaac & Company Inc), Trust Agreement (Chart Industries Inc)

INSPECTION AND AUDIT. All records generated by the Trustee in accordance with paragraphs (a) and (b) shall be open to inspection and audit, during the Trustee's ’s regular business hours prior to the termination of this Agreement, by the Administrator or any person designated by the Administrator. Upon the resignation or removal of the Trustee or the termination of this Agreement, the Trustee shall provide to the Administrator, at no expense to the Sponsor, in the format regularly provided to the Administrator, a statement of each participant's Participant’s accounts as of the resignation, removal, or termination, and the Trustee shall provide to the Administrator or the Plan's ’s new recordkeeper such further records as are reasonable, at the Sponsor's ’s expense.

Appears in 3 contracts

Samples: Trust Agreement (Dj Orthopedics Inc), Trust Agreement (Globalsantafe Corp), Trust Agreement (Cree Inc)

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INSPECTION AND AUDIT. All records generated by the Trustee in accordance with paragraphs (a) and (b) shall be open to inspection and audit, during the Trustee's regular business hours prior to the termination of this Agreement, by the Administrator or any person designated by the Administrator. Upon the resignation or removal of the Trustee or the termination of this Agreement, the Trustee shall provide to the Administrator, at no expense to the Sponsor, in the format regularly provided to the Administrator, a statement of each participant's the Trust accounts as of the resignation, removal, or termination, and the Trustee shall provide to the Administrator or the Plan's new recordkeeper such further records as are reasonable, at the Sponsor's expense.

Appears in 1 contract

Samples: Trust Agreement (Sybase Inc)

INSPECTION AND AUDIT. All records generated by the Trustee in accordance with paragraphs paragraph (a) and (b) shall be open to inspection and audit, during the Trustee's regular business hours prior to the termination of this Agreement, by the Administrator or any person designated by the Administrator. Upon the resignation or removal of the Trustee or the termination of this Agreement, the Trustee shall provide to the Administrator, at no expense to the Sponsor, in the format regularly provided to the Administrator, a statement of each participant's accounts as of the resignation, removal, or termination, and the Trustee shall provide to the Administrator or the Plan's new recordkeeper record keeper such further records record as are reasonable, at the Sponsor's expense.

Appears in 1 contract

Samples: Adoption Agreement (Fair Isaac & Company Inc)

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