Examples of Participating Employers in a sentence
The Administrator shall have authority to make any and all necessary rules or regulations, binding upon all Participating Employers and all Participants, to effectuate the purpose of this Article.
In the event an Employee is transferred between Participating Employers, accumulated service and eligibility shall be carried with the Employee involved.
Nothing contained in this Plan, and no action taken pursuant to its provisions, shall create or be construed to create a trust of any kind, or a fiduciary relationship, between the Participating Employers and any Employee, spouse, or Beneficiary.
No Participant, spouse or Beneficiary shall have any right, title or interest whatever in assets of the Participating Employers.
The Trustee may, but shall not be required to, commingle, hold and invest as one Trust Fund all contributions made by Participating Employers, as well as all increments thereof.