TRUSTEE OR CUSTODIAN. 5.01 CREATION OF FUND By adopting this Plan, the Employer establishes the Fund which shall consist of the assets of the Plan held by the Trustee (or Custodian, if applicable) pursuant to this Section 5. Assets within the Fund may be pooled on behalf of all Participants, earmarked on behalf of each Participant or be a combination of pooled and earmarked. To the extent that assets are earmarked for a particular Participant, they will be held in a Separate Fund for that Participant. No part of the corpus or income of the Fund may be used for, or diverted to, purposes other than for the exclusive benefit of Participants or their Beneficiaries.
TRUSTEE OR CUSTODIAN. OPTION A: [ ] Financial Organization as Trustee or Custodian CHECK ONE: [ ] Custodian. [ ] Trustee without full trust powers, or [ ] Trustee with full trust powers Financial Organization _________________________________________________________ Signature ______________________________________________________________________ Type Name ______________________________________________________________________ COLLECTIVE OR COMMINGLED FUNDS List any collective or commingled funds maintained by the financial organization Trustee in which assets of the Plan may be invested (Complete if applicable). ________________________________________________________________________________ ________________________________________________________________________________ OPTION B [X] Individual Trustee(s) Signature /s/ Brucx X. Xxxxxxxx Signature ______________________________ --------------------- Type Name Brucx X. Xxxxxxxx Type Name ______________________________ --------------------- Signature _____________________ Signature ______________________________ Type Name _____________________ Type Name ______________________________
TRUSTEE OR CUSTODIAN. A trustee or custodian satisfying the requirements of Code §408(a)(2) must hold Designated XXX Contributions Accounts. If the Trustee holding the Designated XXX Contribution assets is a non‑bank trustee, the Trustee, upon receipt of notice from the Commissioner of Internal Revenue that substitution is required because the Trustee has failed to comply with the requirements of Treas. Reg. §1.408‑2(e), will substitute another trustee in its place.
TRUSTEE OR CUSTODIAN. Option A. [ ] Financial Organization as Trustee or Custodian Check One: [ ] Custodian, [ ] Trustee without full trust powers, or [ ] Trustee with full trust powers Financial Organization ____________________________________________________________________ Signature __________________________________________________________ Type Name___________________________________________________________ Collective or Commingled Funds List any collective or commingled funds maintained by the financial organization Trustee in which assets of the Plan may be invested (Complete if applicable). ____________________________________________________________________ ____________________________________________________________________ ____________________________________________________________________
TRUSTEE OR CUSTODIAN. OPTION A: [X] Financial Organization as Trustee or Custodian CHECK ONE: [ ] Custodian, [X] Trustee without full trust powers, or [ ] Trustee with full trust powers Financial Organization: Investors Bank and Trust Signature /s/ Mark X. Xxxxxxx Xxpe Name Mark X. Xxxxxxx xx agent for Investors Bank and Trust COLLECTIVE OR COMMINGLED FUNDS List any collective or commingled funds maintained by the financial organization Trustee in which assets of the Plan may be invested (Complete if applicable). ---------------------------- OPTION B: [ ] Individual Trustee(s) Signature Signature -------------------------------- ----------------------------- Type Name Type Name -------------------------------- ----------------------------- Signature Signature -------------------------------- ----------------------------- Type Name Type Name -------------------------------- ----------------------------- [ ]
TRUSTEE OR CUSTODIAN. A trustee or custodian satisfying the requirements of Code §408(a)(2) must hold Designated IRA Contributions Accounts. If the Trustee holding the Designated IRA Contribution assets is a non-bank trustee, the Trustee, upon receipt of notice from the Commissioner of Internal Revenue that substitution is Defined Contribution Prototype and Volume Submitter Plan required because the Trustee has failed to comply with the requirements of Treas. Reg. §1.408-2(e), will substitute another trustee in its place.
TRUSTEE OR CUSTODIAN. (a) Notwithstanding any other provisions hereof, at any time, the Trustee, the Depositor or the Certificateholders evidencing more than 50% of the Class Principal Amount (or Percentage Interest) of every Class of Certificates shall have the power from time to time to appoint one or more Persons, approved by the Trustee and any NIMS Insurer, to act either as co-trustees jointly with the Trustee, or as separate trustees, or as custodians, for the purpose of holding title to, foreclosing or otherwise taking action with respect to any Mortgage Loan outside the state where the Trustee has its principal place of business where such separate trustee or co-trustee is necessary or advisable (or the Trustee has been advised by the Master Servicer that such separate trustee or co-trustee is necessary or advisable) under the laws of any state in which a property securing a Mortgage Loan is located or for the purpose of otherwise conforming to any legal requirement, restriction or condition in any state in which a property securing a Mortgage Loan is located or in any state in which any portion of the Trust Fund is located. The separate Trustees, co-trustees, or custodians so appointed shall be trustees or custodians for the benefit of all the Certificateholders and shall have such powers, rights and remedies as shall be specified in the instrument of appointment; provided, however, that no such appointment shall, or shall be deemed to, constitute the appointee an agent of the Trustee. The obligation of the Trustee to make Advances pursuant to Section 5.04 and 6.14 hereof shall not be affected or assigned by the appointment of a co-trustee.
TRUSTEE OR CUSTODIAN. Option A: (o) Financial Organization as Trustee or Custodian Check One: ( ) Custodian, (o) Trustee without full trust powers, or ( ) Trustee with full trust powers Financial Organization INVESTORS BANK & TRUST -------------------------------------------------------- Signature XXXXXX XXXXX, AS AGENT FOR INVESTORS BANK & TRUST, TRUSTEE -------------------------------------------------------------------- Type name -------------------------------------------------------------------- COLLECTIVE OR COMMINGLED FUNDS List any collective or commingled funds maintained by the financial organization Trustee in which assets of the Plan may be invested (Complete if applicable). -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Option B: ( ) Individual Trustee(s) Signature: Signature --------------------------- -------------------------- Type Name Type Name --------------------------- -------------------------- Signature Signature --------------------------- -------------------------- Type Name Type Name --------------------------- -------------------------- -------------------------------------------------------------------------------- SECTION 21 RELIANCE -------------------------------------------------------------------------------- An employer who has ever maintained or who later adopts any plan (including a welfare benefit fund, as defined in Section 419(e) of the Code, which provides post-retirement medical benefits allocated to separate accounts for key employees, as defined in Section 419A(d)(3) of the Code, or an individual medical account, as defined in Section 415(1)(2) of the Code) in addition to this Plan (other than a paired standardized money purchase pensions plan using the same Basic Plan Decumbent as this Plan) may not rely on the opinion letter issued by the National Office of the Internal Revenue Service as evidence that this Plan is qualified under Section 401 of the Internal Revenue Code. If the Employer who adopts or maintains multiple plans wishes to obtain reliance that his or her plan(s) are qualified, application for a determination letter should be made to the appropriate Key District Director or Internal Revenue. The Employer may not rely on the opinion letter issued by the National Office of the Internal Revenue Service as evidence that this Plan is qualified under Section 401 of the Code unless the terms of the Plan, as herein a...
TRUSTEE OR CUSTODIAN. Option A: [ ] Financial Organization as Trustee or Custodian Check One: [ ] Custodian, [ ] Trustee without full trust powers, or [ ] Trustee with full trust powers Financial Organization Signature Type Name Collective or Commingled Funds List any collective or commingled funds maintained by the financial organization Trustee in which assets of the Plan may be invested (Complete if applicable).
TRUSTEE OR CUSTODIAN. Option A: [X] Financial Organization as Trustee or Custodian /s/ G Xxxxxxx X. XXXXXXX Check One: [_] Custodian, [X]Trustee without full trust powers, or [_] Trustee with full trust powers Financial Organization Xxxxx Xxxxxx Corporate Trust Company ------------------------------------ Signature Type Name Collective or Commingled Funds List any collective or commingled funds maintained by the financial organization Trustee in which assets of the Plan may be invested: (Complete if applicable) Collective trust funds of Xxxxx Xxxxxx and The ---------------------------------------------- Travelers. ---------- Option B: [_] Individual Trustee(s) Signature Signature Type Name Type Name Signature Signature Type Name Type Name Page 18
