Named Fiduciary. The Company shall be the named fiduciary and plan administrator under this Agreement. It may delegate to others certain aspects of the management and operational responsibilities including the employment of advisors and the delegation of ministerial duties to qualified individuals.
Named Fiduciary. For purposes of the Employee Retirement Income Security Act of 1974, if applicable, the Company shall be the named fiduciary and plan administrator under the Agreement. The named fiduciary may delegate to others certain aspects of the management and operation responsibilities of the plan including the employment of advisors and the delegation of ministerial duties to qualified individuals.
Named Fiduciary. The Corporation is hereby designated as the named fiduciary under this Agreement. The named fiduciary shall have authority to control and manage the operation and administration of this Agreement, and it shall be responsible for establishing and carrying out a funding policy and method consistent with the objectives of this Agreement.
Named Fiduciary. The Corporation is hereby designated the “Named Fiduciary” as such term is defined in ERISA. As Named Fiduciary, the Corporation shall be responsible for the management and administration of the terms of this Agreement. The Corporation’s Board of Directors may delegate to others the management and operating responsibilities of the plan including the employment of advisors and may exercise any other powers necessary for the discharge of its duties to the extent not in conflict with the provisions of ERISA.
Named Fiduciary. The Administrator is a "named fiduciary" for purposes of Section 402(a)(1) of ERISA and has the powers and responsibilities with respect to the management and operation of the Plan described herein.
Named Fiduciary. Employer is hereby designated as the named fiduciary under this Agreement. As named fiduciary, Employer shall be responsible for and have the authority to manage the operation and administration of this Agreement, and it shall be responsible for establishing and carrying out a funding policy and method consistent with the objectives of this Agreement. The named fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Agreement, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.
Named Fiduciary. This Agreement and other similar agreements constitute the Medical Inter-Insurance Exchange, Inc., Executive Split-Dollar Plan ("The Plan"). The Director of Executive Benefits of the Corporation is hereby designated as the Named Fiduciary of the Plan in accordance with the Executive Retirement Income Security Act of 1974 and shall serve in such capacity until resignation or removal by the Board of Directors of the Corporation and appointment of a successor by the duly adopted resolution of the Board. The business address and telephone number of the Named Fiduciary are: Medical Inter-Insurance Exchange, Inc. Two Prinxxxx Xxxx Xxxxxxxxxxxxx, XX 00000 (609)000-0000 The Named Fiduciary shall have the authority to control and manage the operation and administration of this Plan. However, the Named Fiduciary may allocate his/her responsibilities for the operation and administration of the Plan, including the designation of persons who are not Named Fiduciaries, to carry out fiduciary responsibilities. The Named Fiduciary shall effect such allocation of his/her responsibilities by delivering to the Corporation a written instrument signed by him/her that specifies the nature and extent of the responsibilities allocated, including, if appropriate, the persons, not Named Fiduciaries, who are designated to carry out fiduciary responsibilities under this Plan. The Named Fiduciary of this Plan shall be responsible for making timely delivery of any required premiums to the Insurer. All Plan documents shall be retained by the Named Fiduciary and made available for examination at the above indicated business address. Upon written request, the Plan document and other information shall be provided to the parties of this Plan.
Named Fiduciary. The "Named Fiduciary" is the Bank.
Named Fiduciary. The Bank shall be the named fiduciary and plan administrator under this Amended Split Dollar Agreement. The Bank may delegate to others certain aspects of management and operational responsibilities, including the employment of advisors and the delegation of ministerial duties to qualified individuals.
Named Fiduciary. The Corporation is hereby designated as the named fiduciary under this Agreement. The named fiduciary shall have authority to control and manage the operation and administration of this Agreement and to employ or designate any person or organization to advise or perform services with respect to the Corporation's responsibilities under this Agreement and to allocate to such person or organization all, or part of, the responsibility for the operation and administration of this Agreement.