Common use of Investment Managers Clause in Contracts

Investment Managers. A. Definition of Investment Manager - The Employer may appoint one or more investment managers to make investment decisions with respect to all or a portion of the Fund. The investment manager shall be any firm or individual registered as an investment adviser under the Investment Advisers Act of 1940, a bank as defined in said Act or an insurance company qualified under the laws of more than one state to perform services consisting of the management, acquisition or disposition of any assets of the Plan.

Appears in 8 contracts

Samples: Qualified Retirement Plan and Trust (Edelbrock Corp), Qualified Retirement Plan (Teardrop Golf Co), Qualified Retirement Plan and Trust Defined (Alaska Pacific Bancshares Inc)

AutoNDA by SimpleDocs

Investment Managers. A. Definition of Investment Manager - The -The Employer may appoint one or more investment managers to make investment decisions with respect to all or a portion of the Fund. The investment manager shall be any firm or individual registered as an investment adviser under the Investment Advisers Act of 1940, a bank as defined in said Act or an insurance company qualified under the laws of more than one state to perform services consisting of the management, acquisition or disposition of any assets of the Plan.

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Connecticut Water Service Inc / Ct)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.