Common use of Plan Fiduciary Clause in Contracts

Plan Fiduciary. (a) Except as provided in Section 1.9, Xxxxxxxx agrees that DBI is not a named fiduciary, or a plan fiduciary under the Plan as such terms are described under XXXXX. DBI is not the plan administrator and shall have no power or authority to waive, alter, breach or modify any terms and conditions of the Plan. DBI shall make payments or distributions from the Custodial Account in accordance with the framework of policies, interpretations, rules, practices, and procedures set forth in the Plan, this Agreement, and as otherwise agreed upon or directed by Employer.

Appears in 1 contract

Samples: Administrative Services Agreements

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Plan Fiduciary. (a) Except as provided in Section 1.9, Xxxxxxxx Employer agrees that DBI is not a named fiduciary, or a plan Plan fiduciary under the Plan as such terms are described under XXXXXERISA. DBI is not the plan administrator and shall have no power or authority to waive, alter, breach or modify any terms and conditions of the Plan. DBI shall make payments or distributions from the Custodial Account in accordance with the framework of policies, interpretations, rules, practices, and procedures set forth in the Plan, this Agreement, and as otherwise agreed upon or directed by Employer.

Appears in 1 contract

Samples: Administrative Services Agreements

Plan Fiduciary. (a) Except as provided in Section 1.9, Xxxxxxxx Employer agrees that DBI is not a named fiduciary, or a plan fiduciary under the Plan as such terms are described under XXXXXERISA. DBI is not the plan administrator and shall have no power or authority to waive, alter, breach or modify any terms and conditions of the Plan. DBI shall make payments or distributions from the Custodial Account in accordance with the framework of policies, interpretations, rules, practices, and procedures set forth in the Plan, this Agreement, and as otherwise agreed upon or directed by Employer.

Appears in 1 contract

Samples: Administrative Services Agreements

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Plan Fiduciary. (a) Except as provided in Section 1.9, Xxxxxxxx Employer agrees that DBI is not a named fiduciarythe plan administrator, the Named Fiduciary or a plan fiduciary under the Plan as such terms are described under XXXXXERISA, except as provided in Section 1.16. DBI is not the plan administrator and shall have no power or authority to waive, alter, breach or modify any terms and conditions of the Plan. DBI shall make payments or distributions from the Custodial Account in accordance with the framework of policies, interpretations, rules, practices, and procedures set forth in the Plan, this Agreement, and as otherwise agreed upon or directed by Employer.

Appears in 1 contract

Samples: Reimbursement Account Administrative Services Agreement

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