Named Fiduciary. The members of the Committee shall be the "named fiduciary" for purposes of section 402(a)(1) of ERISA, and as such shall have the authority to control and manage the operation and administration of the Plan, except to the extent such authority and control is allocated or delegated to other parties pursuant to the terms of the Plan.
Appears in 9 contracts
Samples: Quanex Corp, Mens Wearhouse Inc, Quanex Corp
Named Fiduciary. The members of the Committee shall be the "“named fiduciary" ” for purposes of section 402(a)(1) of ERISA, and as such shall have the authority to control and manage the operation and administration of the Plan, except to the extent such authority and control is allocated or delegated to other parties pursuant to the terms of the Plan.
Appears in 5 contracts
Samples: Agreement (Mens Wearhouse Inc), Quanex Corporation Employee Savings Plan (Quanex Corp), Quanex Corporation Employees (Quanex Corp)
Named Fiduciary. The members of the Committee shall be the "named fiduciary" for purposes of section 402(a)(1) of ERISA, and as such shall have the authority to control and manage the operation and administration of the Plan, except to the extent such authority and control is are allocated or delegated to other parties pursuant to the terms of the Plan.
Appears in 3 contracts
Samples: Xanser Corp, Kaneb Services LLC, Kaneb Services LLC
Named Fiduciary. The members of the Committee shall be the "“named fiduciary" ” for purposes of section 402(a)(1) of ERISA, and as such shall have the authority to control and manage the operation and administration of the Plan, except to the extent such authority and control is are allocated or delegated to other parties pursuant to the terms of the Plan.
Appears in 2 contracts
Samples: Furmanite Corp, Furmanite Corp
