Plan Administration Services definition
Examples of Plan Administration Services in a sentence
In the event that, because of regulatory developments, or new or modified business or industry practices, the Funds require services in addition to the Plan Administration Services, RiverSource Service Corporation will consider furnishing such additional services, with compensation for such additional services to be agreed upon with respect to each such occasion as it arises.
The Plan Administration Services to be furnished by RiverSource Service Corporation include only those services described on Exhibit B.
RiverSource Service Corporation shall enter into agreements with third party administrators to provide the services specified in Exhibit B, and such other services as are reflected in future amendments to Exhibit B from time to time (the "Plan Administration Services").
In consideration for the rendering of the Plan Administration Services, each Fund shall pay RiverSource Service Corporation with respect to Class E, Class R2, Class R3, Class R4 and Class Y shares, on an annual basis, a fee equal to the percentage set forth on Exhibit C attributable solely to the assets of the Fund's Class E, Class R2, Class R3, Class R4 and Class Y shares (the "Plan Administration Fee").
The Board of Directors/Trustees ("Board") of each Fund will, on an annual basis, review the Plan Administration Services and the Plan Administration Fee and such other information as such Board may reasonably request.
In the event that, because of regulatory developments, or new or modified business or industry practices, the Funds require services in addition to the Plan Administration Services, CMIS will consider furnishing such additional services, with compensation for such additional services to be agreed upon with respect to each such occasion as it arises.
The Plan Administration Services to be procured by CMIS pursuant to this Agreement include only those services described on Exhibit B.
Resulting final Plan documentation must be approved by the Agency prior to the commencement of PARS Plan Administration Services outlined in Exhibit 1A, paragraph 3 below.
In consideration for the rendering by third party administrators of the Plan Administration Services, each Fund shall pay CMIS, solely out of the assets attributable to the shares of the applicable Classes, and accrued and paid as set forth below, a fee calculated solely with respect to such assets, at the annual rate set forth on Exhibit C (the “Plan Administration Fee”).
CMIS shall provide such information to the Board of Trustees (“Board”) of the Trust relating to the Plan Administration Services as such Board may reasonably request.