Plan account. Upon execution of this Agreement, Employer shall establish, maintain and fund a Plan Account. All benefits shall be paid from the Plan Account and Employer shall ensure that the Plan Account is and remains adequately funded to satisfy the payment of all Benefit Options. As Plan Fiduciary, Employer shall be responsible for the Plan Account, including but not limited to, any and all reporting requirements associated therewith, as well as the disposition of excess Plan Account assets in accordance with relevant state and federal laws, rules, and regulations.
Appears in 4 contracts
Samples: Administration Agreement, Administration Agreement, Administration Agreement
