Prudent Actions by Agreement Fiduciaries. In addition to creating rights for Agreement participants, ERISA imposes duties upon the people who are responsible for the operation of the employee benefit plan. The people who operate your Agreement, called “fiduciaries” of the Agreement, have a duty to do so prudently and in the interest of you and other Agreement participants and beneficiaries. No one, including your employer or any other person, may fire you or otherwise discriminate against you in any way to prevent you from obtaining a welfare benefit or exercising your rights under ERISA.
Appears in 15 contracts
Samples: Sponsoring Agreement (LKQ Corp), Change of Control Agreement (LKQ Corp), Sponsoring Agreement (LKQ Corp)
