Common use of Named Fiduciary Clause in Contracts

Named Fiduciary. For purposes of the ERISA, if applicable, the Bank shall be the named fiduciary and Plan Administrator under this Agreement. The named fiduciary may delegate to others certain aspects of the management and operation responsibilities of this Agreement, including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 5 contracts

Samples: Salary Continuation Agreement (Third Coast Bancshares, Inc.), Continuation Agreement (Third Coast Bancshares, Inc.), Salary Continuation Agreement (Third Coast Bancshares, Inc.)

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Named Fiduciary. For purposes of the ERISA, if applicable, the Bank shall be the named fiduciary and Plan Administrator plan administrator under this the Agreement. The named fiduciary may delegate to others certain aspects of the management and operation responsibilities of this Agreement, the plan including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 3 contracts

Samples: Compensation Agreement (QCR Holdings Inc), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.)

Named Fiduciary. For purposes of the ERISA, if applicable, the Bank shall be the named fiduciary and Plan Administrator plan administrator under this Agreement. The named fiduciary may delegate to others certain aspects of the management and operation responsibilities of this Agreement, the plan including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 3 contracts

Samples: Executive Survivor Income Agreement (Quaint Oak Bancorp Inc), Executive Survivor Income Agreement (Quaint Oak Bancorp Inc), Employee Survivor Income Agreement (Quaint Oak Bancorp Inc)

Named Fiduciary. For purposes of the ERISAERlSA, if applicable, the Bank shall be the named fiduciary and Plan Administrator plan administrator under this the Agreement. The named fiduciary may delegate to others certain aspects of the management and operation responsibilities of this Agreement, the plan including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.)

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Named Fiduciary. For purposes of the ERISA, if applicable, the The Bank shall be the named fiduciary and Plan Administrator Agreement administrator under this AgreementAgreement with respect to any reporting obligations under ERISA. The named fiduciary may delegate to others certain aspects of the management and operation responsibilities of this the Agreement, including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Compensation Agreement (PSB Holdings Inc /Wi/)

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