Common use of Named Fiduciary Clause in Contracts

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.

Appears in 11 contracts

Sources: Profit Sharing/401(k) Plan (Dep Corp), Non Standardized Adoption Agreement (Marine Transport Corp), Profit Sharing/401(k) Plan (Lawter International Inc)

Named Fiduciary. The Administrator is a "β€œnamed fiduciary" ” for purposes of ERISA Section 402(a)(1) of ERISA and has the powers and responsibilities with respect to the management and operation of the Plan described herein.

Appears in 3 contracts

Sources: Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.), Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.), Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.)

Named Fiduciary. The Administrator is a "shall be the named fiduciary" fiduciary pursuant to ERISA Section 402 and shall be responsible for purposes of Section 402(a)(1) of ERISA and has the powers and responsibilities with respect to the management and operation control of the Plan described hereinoperation and administration of the Plan.

Appears in 2 contracts

Sources: Adoption Agreement, Adoption Agreement

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.

Appears in 1 contract

Sources: Profit Sharing/401(k) Plan (Impac Group Inc /De/)

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.

Appears in 1 contract

Sources: Adoption Agreement (Technitrol Inc)

Named Fiduciary. The Administrator is a "named fiduciary" for purposes of ERISA Section 402(a)(1) of ERISA and has the powers and responsibilities with respect to the management and operation of the Plan described herein.

Appears in 1 contract

Sources: Corporate Plan Document (Axsys Technologies Inc)

Named Fiduciary. The Administrator is a "named fiduciary" for purposes of ERISA Section 402(a)(1402 (a) of ERISA (1) and has the powers and responsibilities with respect to the management and operation of the Plan described herein.

Appears in 1 contract

Sources: Retirement Plan Document (Brillian Corp)

Named Fiduciary. The Administrator is will be a "named fiduciary" for purposes of Section section 402(a)(1) of ERISA with authority to control and has manage the powers operation and responsibilities with respect to the management and operation administration of the Plan described hereinPlan, except that it will have no authority over the investment of the assets of the Trust.

Appears in 1 contract

Sources: Volume Submitter Discretionary Contribution Plan (Macdermid Inc)

Named Fiduciary. The Administrator is a "`named fiduciary" for purposes of ERISA Section 402(a)(1) of ERISA and has the powers and responsibilities with respect to the management and operation of the Plan described herein.

Appears in 1 contract

Sources: Retirement Plan Adoption Agreement (Hudson City Bancorp Inc)