Independent Fiduciary definition

Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.
Independent Fiduciary is defined in the preamble.
Independent Fiduciary means the person or entity selected by the Company to serve as an independent fiduciary with respect to the Settlement Agreement for the purpose of rendering the determination described in Section 2.2 herein.

Examples of Independent Fiduciary in a sentence

  • Objective of Independent Fiduciary Review Agent (IFRA) In order to ensure transparency, accountability, governance of resources and effectiveness in carrying out the implementation of the Malaria Booster Project, there is a need for an Independent Fiduciary Review Agent (IFRA).

  • Terms of Reference for Independent Fiduciary Review Agent (IFRA) 33Annex 7.

  • As required under ERISA, Defendants will retain an Independent Fiduciary to review and authorize the Settlement on behalf of the Plan.

  • The Independent Fiduciary will issue its report no later than thirty (30) calendar days before the Fairness Hearing.


More Definitions of Independent Fiduciary

Independent Fiduciary means Fiduciary Counselors Inc., which has no relationship to any of the Settling Parties and will serve as an independent fiduciary to the Plan to approve and authorize the settlement of Released Claims on behalf of the Plan in accordance with Section 2.1.
Independent Fiduciary means the person or persons designated as such in Section 6.8 of the Plan.
Independent Fiduciary means a fiduciary retained pursuant to Section 3.6 and that has no “relationship to” or “interest in” (as those terms are used in the Class Exemption referred to in Section 3.6) any of the Parties.
Independent Fiduciary means Evercore Trust Company or another independent fiduciary, who is a fiduciary to the Plans that has no relationship to or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.
Independent Fiduciary means a person or entity who is not an employee or officer of the Company or its Affiliates who is appointed by the Company pursuant to Section 12.07 to perform the functions described therein.
Independent Fiduciary means: a Plan fiduciary retained at the Company’s expense that has no “relationship to” or “interest in” (as those terms are used in the Class Exemption) any of the Settling Parties.
Independent Fiduciary means Fiduciary Counselors, Inc.