Retirement Accounts. With respect to certain retirement plans or accounts (such as individual retirement accounts (“IRAs”), SIMPLE IRAs, SEP IRAs, Xxxx IRAs, Education IRAs, and 403(b) Plans (such accounts, “Retirement Accounts”), the Transfer Agent, at the request and expense of the Fund, provide or arrange for the provision of various services to such plans and/or accounts, which services may include custodial agent services such as account set-up maintenance, and disbursements as well as such other services as the parties hereto shall mutually agree upon.
Retirement Accounts. With respect to certain retirement plans or accounts (such as individual retirement accounts (“IRAs”), SIMPLE IRAs, SEP IRAs, Xxxx IRAs, Education IRAs, and 403(b) Plans (such accounts, “Retirement Accounts”), the Transfer Agent, at the request and expense of the Fund, shall arrange for the provision of appropriate prototype plans as well as provide or arrange for the provision of various services to such plans and/or accounts, which services may include custodial services to be provided by State Street Bank and Trust Company, in its capacity as a bank, account set-up maintenance, and disbursements as well as such other services as the parties hereto shall mutually agree upon.
Retirement Accounts. In connection with orders for the purchase of shares on behalf of an individual retirement account, self-employed retirement plan or other retirement accounts, by mail, telephone, wire or through the Sites you shall act as agent for the custodian or trustee of such plans and you shall not place such an order until you have received from your customer payment for such purchase and, if such purchase represents the first contribution to such a plan, the completed documents necessary to establish the plan and enrollment in the plan. You agree to indemnify us and Franklin Txxxxxxxx Bank & Trust, F.S.B. and/or Fiduciary Trust International of the South as applicable for any claim, loss, or liability resulting from incorrect investment instructions received from you which cause a tax liability or other tax penalty.
Retirement Accounts. If this MAA and any related Advisory Account Program is established on behalf of a plan subject to ERISA (the “Plan”), the person(s) executing this MAA on behalf of the Plan hereby represents that they are a “Named Fiduciary,” as that term is contemplated by XXXXX, with respect to the control or management of the assets of the Plan, and that they are empowered and have the authority to appoint Adviser, and Subadviser, as applicable, as a service provider for the Plan. Named Fiduciary hereby acknowledges that the designation of Adviser as service provider, and the investments and related transactions contemplated by this MAA and any incorporated Program Supplement, if any, are consistent with and permissible under the Plan’s governing documents and ERISA. Named Fiduciary further acknowledges that in performing its services under this MAA, neither Adviser nor Xxxxxxx Xxxxx as IAR acts as, nor has the Adviser or Xxxxxxx Xxxxx agreed to, assume the duties of a trustee or the “Plan Administrator”, as each such term is defined in ERISA. Named Fiduciary acknowledges that in performing its services, neither the Adviser nor Xxxxxxx Xxxxx, have authority to interpret the Plan Documents, to determine eligibility or participation under the Plan, to provide participant disclosures or communications, or to take any other action with respect to the management, administration or any other aspect of the Plan. Adviser acknowledges that it is a covered service provider (as the term is contemplated in the regulations under section 408(b)(2) of ERISA). Adviser reasonably expects to provide services pursuant to this MAA and any related Program Supplement directly to the Plan as an investment adviser registered under the Advisers Act or applicable state law. U.S. Department of Labor regulations require a “covered service provider” to disclose to a “responsible plan fiduciary” of an employee benefit plan subject to ERISA certain information in connection with the services that a service provider provides to a plan, to assist the responsible plan fiduciary in evaluating the reasonableness of fees and expenses in light of the services available to a plan. Xxxxxxx Xxxxx’ comprehensive disclosure document is available at xxx.xxxxxxxxxxxx.xxx/000x0. By signing, you acknowledge that you (i) are a responsible plan fiduciary, (ii) authorize engagement of Adviser to provide services to the plan, (iii) have read and understand the disclosure, and (iv) agree that the fees and expenses to be...
Retirement Accounts. (a) At the Closing, Seller shall resign as trustee and custodian with respect to any individual retirement account (“XXX Account”) as to which Seller is trustee or custodian and as to which one or more of the assets included therein is a deposit included within the Deposits transferred to Buyer on the Closing Date. At the Closing, Seller shall designate or appoint Buyer as successor trustee or custodian under each such XXX Account.
Retirement Accounts. Seller will provide Buyer with the proper trust documents for any Retirement Accounts assumed by Buyer under Section 2.02 of this Agreement. Seller shall be responsible for all federal and state income tax reporting of Retirement Accounts for the period of time during the calendar year 2004 prior to the Closing Date. Buyer shall be responsible for all federal and state income tax reporting for the period of time during the calendar year 2004 from and after the Closing Date.
Retirement Accounts. Seller will provide Buyer with the proper trust documents and all related information for any Retirement Accounts assumed by Buyer under Section 2.02 of this Agreement. Buyer shall be responsible for all federal and state income tax reporting of Retirement Accounts for 2010. Seller agrees to cooperate with Buyer to permit Buyer to retain Seller’s current reporting service provider (and assume any such contract) (if Buyer elects to do so) and to assist Buyer in the preparation of any such reports or background materials needed for the preparation of any such reports.
Retirement Accounts. In connection with orders for the purchase of shares on behalf of an individual retirement account, self-employed retirement plan or other retirement accounts, by mail, telephone, wire or through the Sites you shall act as agent for the custodian or trustee of such plans and you shall not place such an order until you have received from your customer payment for such purchase and, if such purchase represents the first contribution to such a plan, the completed documents necessary to establish the plan and enrollment in the plan. You agree to indemnify us and Franklin Xxxxxxxxx Bank & Trust, F.S.B. and/or Fiduciary Trust International of the South as applicable for any claim, loss, or liability resulting from incorrect investment instructions received from you which cause a tax liability or other tax penalty. Conditional Orders; Certificates. We will not accept from you any conditional orders for shares of any of the Funds. Delivery of certificates or confirmations for shares purchased shall be made by the Funds only against constructive receipt of the purchase price, subject to deduction for your concession and our portion of the sales charge, if any, on such sale. No certificates for shares of the Funds will be issued unless specifically requested.
Retirement Accounts. Upon appropriate written authorization from the teacher, the employer shall deduct from the salary of any teacher and make appropriate remittance to approved tax-sheltered annuity vendors. Tax sheltered deductions shall be submitted prior to August 15, effective the first pay in September or prior to December 1, effective January 1. Payments to the vendor will be made on a monthly basis.
Retirement Accounts. Buyer will assume certain Retirement Accounts held at Seller's Branch according to the terms contained herein and in the Retirement Accounts Transfer Agreement attached hereto as Exhibit C. Buyer shall not collect an annual fee for 1999.
