Common use of Necessary Parties Clause in Contracts

Necessary Parties. To the extent permitted by law, only the Employer and the Trustee (or Custodian, if applicable) will be necessary parties in any application to the courts for an interpretation of this Agreement or for an accounting by the Trustee (or Custodian, if applicable), and no other plan fiduciary, participant, beneficiary, or other person having an interest in the Fund will be entitled to any notice or service of process. Any final judgment entered in such an action or proceeding will, to the extent permitted by law, be conclusive upon all persons claiming in this Agreement.

Appears in 6 contracts

Samples: Trust and Custodial Agreement, Trust and Custodial Agreement, Trust and Custodial Agreement

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Necessary Parties. To the extent permitted by law, only the Employer and the Trustee (or Custodian, if applicable) will be necessary parties in any application to the courts for an interpretation of this Agreement or for an accounting by the Trustee (or Custodian, if applicable), and no other plan fiduciary, participant, beneficiaryxxx xxxxxxxx, or other person having an interest in the Fund will be entitled to any notice or service of process. Any final judgment entered in such an action or proceeding will, to the extent permitted by law, be conclusive upon all persons claiming in this Agreement.

Appears in 1 contract

Samples: Trust and Custodial Agreement

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Necessary Parties. To the extent permitted by law, only the Employer and the Trustee (or Custodian, if applicable) will shall be necessary parties in any application to the courts for an interpretation of this Agreement Section 8.01 or 8.02 or for an accounting by the Trustee (or Custodian, if applicable), and no other plan fiduciaryPlan Fiduciary, participantParticipant, beneficiaryBeneficiary, or other person having an interest in the Fund will shall be entitled to any notice or service of process. Any final judgment entered in such an action or proceeding willshall, to the extent permitted by law, be conclusive upon all persons claiming in this AgreementPlan Sections 8.01 or 8.02.

Appears in 1 contract

Samples: Adoption Agreement (Kimball Electronics, Inc.)

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