Fiduciary Services Sample Clauses

Fiduciary Services. Upon the request of Sunburst, Choice shall provide ------------------ the Fiduciary Services, as set forth in Exhibit G, in its administration of Claims for disability (including payment), retirement, stock and deferred compensation benefits (and appeals of denied or disputed Claims with respect thereto), and in its final review of appeals of denied or disputed Claims and COBRA Claims under the Medical/Dental Plans. Choice shall obtain and maintain customary such fiduciary insurance coverage. Other than the fiduciary services set forth in Exhibit G, Choice is vested only with ministerial authority and shall have no discretionary authority to make decisions as to policies, interpretations, practices and procedures under any of the Plans (except to the extent otherwise set forth in Exhibit G), but shall perform its duties and functions under this Agreement within the framework of the terms of each of the Plans and policies, interpretations, rules, practices and procedures made by Sunburst. Except as otherwise specified in this Section 2.6, Choice is not a fiduciary with respect to any of the Plans and shall not be considered the Plan Administrator, fiduciary, or named fiduciary under any of the Plans, within the meaning of those terms as defined in ERISA.
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Fiduciary Services. For the first 17-months of this Agreement, the Xxxxx County Department of Environment has agreed to provide fiduciary services for the collection and expenditure of Community assessments paid under the terms of this Agreement. It is understood that the Community assessments paid under the terms of this Agreement will be used only for the services identified in the revised 2003 Assembly Budget attached as Appendix B, and the services and budget subsequently adopted by the Assembly for 2004. The total assessment for each community for the first 17-months of operation of the Assembly (i.e., calendar year 2003 and 2004) shall not exceed twice the annual assessment identified in Appendix A. It is further understood that the assessments paid may be used to provide the required local match for federal grant dollars used to support the annual Assembly budget. Xxxxx County has agreed to provide the Executive Committee full and complete access to records concerning the use of the funds collected from the members so that all expenditures of monies collected through assessments to members can be audited through a process determined to be appropriate by the Finance Committee. Xxxxx County has further agreed to provide a financial accounting of all funds collected and expended to the Assembly within 45 days following the end of the first five months of operation, and within 45 days following the end of each calendar year. Xxxxx County shall obtain Executive Committee concurrence before expenditure of any of the Community assessments collected. It is understood that the existing provider arrangements for many if not all of the services identified in Appendix B may be most efficiently and cost effectively managed in the transition period through the existing Rouge Project contracts administered by Xxxxx County, or by Xxxxx County staff currently assigned these responsibilities. Before December 1, 2004, the Assembly will determine how fiduciary responsibilities will be managed beginning on January 1, 2005.
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Fiduciary Services. 7.1 The Fiduciary shall act only upon written instructions received from the undisclosed beneficial owner of the asset held by the Fiduciary.
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Fiduciary Services. Adviser shall provide Client the fiduciary services described in Exhibit A attached hereto (“Fiduciary Services”).
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Fiduciary Services. Xxxxxx Xxxxx will perform the fiduciary services described in Appendix A(1) (“Participant-Directed Plan Fiduciary Services”) for Participant-Directed Plans. In performing the Participant-Directed Plan Fiduciary Services, Xxxxxx Xxxxx is acting as (a) a Section 3(21) non- discretionary investment adviser of the Plan under ERISA for the purposes of providing the Participant-Directed Plan Fiduciary Services described in Appendix A(1); and (b) a registered investment adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”).
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Fiduciary Services. Xxxxxx Xxxxx will perform the fiduciary services described in Appendix B(1) (“Pooled Plan Fiduciary Services”) for Pooled Plans. In performing the Pooled Plan Fiduciary Services, Xxxxxx Xxxxx is acting as (a) a Section 3(21) non-discretionary investment adviser of the Plan under ERISA for the purposes of providing the Pooled Plan Fiduciary Services described in Appendix B(1); and (b) a registered investment adviser under the Advisers Act. Participant-Directed Plan Fiduciary Services and Pooled Plan Fiduciary Services may be collectively referred to as “Fiduciary Services.”
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Fiduciary Services. RIA will perform the following services, referred to as “Fiduciary Services”:
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Fiduciary Services. Assist with the coordination of services offered by Plan service providers and act as liaison (on an as needed basis) for the Plan. • Assist with initial employee enrollment, retirement and/or investment education meetings. Plan Conversion Broker Dealer/Representative will assist with converting the Plan from an existing record-keeping platform to a new record-keeping plat- form. This may include support in the following: Fiduciary Services: • Assist with the preparation of Request for Proposal (RFP) from prospective new record-keeping platforms and review and compare the responses as well as help prepare a summary of the RFP. • Assist in the review and design of the plan’s investment menu, with recommendations as to the structure of the investment menu as well as recommendations for the investments to be offered. This includes support for mapping existing Plan investments to new Plan investments. Non-Fiduciary Services: • Assist with the coordination of services offered by Plan service providers and act as liaison (on an as needed basis) for the Plan. • Assist with participant meetings to educate on the conversion to a new platform and the timeline as it may affect the participants’ view/ accessibility to their accounts as well as to the potential new investment options and features being offered. Recommend and monitor investment options Broker Dealer/Representative will assist by periodically reviewing (at least annually) the investment options of the Plan’s investment menu and, when warranted, recommend possible change in investment option(s). This may also include support in the following: Fiduciary Services: • Assist in development of an investment policy statement (IPS). If the Plan has an existing IPS then assist in the Plan’s review of the existing IPS in determining whether the Plan’s investments are consistent with the goals set forth in its IPS and assist in identifying appropriate revisions to the IPS. • Assist with identification and review of the Qualified Default Investment Alternative(s) (QDIA(s)) and provide recommendation, when warranted, to possible change in QDIA(s). • Assist with review of the investment objectives of the Plan to determine if the investment objectives continue to meet the needs and objectives of the Plan and its IPS. Non-Fiduciary Services: • Assist with providing third party investment reports. Plan Performance Review Conduct periodic review (at least annually) to assist with determining whether the terms of the Plan ...
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Fiduciary Services. Assist with review of the ERISA Section 408(b)(2) disclosures received to confirm the Plan has received any new or updated disclosures for each of the Plan’s Covered Service Providers. Perform research and provide reports to assist the Plan in evaluating reasonableness of fees and completion of services • Assist with educating/training the Plan committee in developing knowledge of their fiduciary obligations. This includes assisting in the development and maintenance of a file that includes documentation demonstrating prudent processes are being followed pertaining to the operation of the Plan. PARTICIPANT LEVEL SERVICES Participant Education Services Broker Dealer/Representative will coordinate and/or conduct periodic investment, enrollment and/or retirement education meetings for Plan participants as determined by the Plan. This may also include support in the following: Non-Fiduciary Services: • Assist in development of a participant education and communication strategy which fits the needs, objectives and demographics of the employee/Plan participant base. • Assist with review and comparison of the current needs and objectives of the Plan to the education program and goals to ensure the Plan continues to meet its objectives. • Assist in providing participant support via phone and email communication. EXCLUDED SERVICES In no event shall any of the selected services provided by Broker Dealer/Representative include any of the following excluded services or related responsibilities: • Tax Qualification. Reviewing or amending Plan documents for compliance with changes in tax qualification requirements. • Plan Contributions. Ensuring that contributions by Client or from participants are timely deposited with the trustee or custodian for the Plan. • Custody of Plan Assets. Taking custody or possession of any Plan assets. • Proxies. Rendering advice on, or taking any action with respect to, the voting of proxies solicited on behalf of any securities held in trust by the Plan. • Employer Stock Fund. Providing advice to the Plan fiduciaries regarding the prudence of adopting, maintaining, continuing or discontinuing any investments in employer stock or an employer stock fund. • Mutual Fund, Brokerage Windows. Providing investment advice to Plan fiduciaries regarding the prudence of maintaining or continuing any mutual fund window or brokerage account window under the Plan, or providing investment advice to participants concerning investments through any such win...
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Related to Fiduciary Services

  • Fiduciary Responsibilities Each Member shall exercise all powers and perform all duties in good faith and shall act in all matters consistent with the duty of loyalty and the duty of care. Pursuant to Section 00-00-000 of the Act, the Member acts in good faith if acting with a view to the interests of the limited liability company and of the members and with the degree of diligence, care and skill that ordinarily prudent persons would exercise in similar circumstances.

  • No Advisory or Fiduciary Responsibility In connection with all aspects of each transaction contemplated hereby (including in connection with any amendment, waiver or other modification hereof or of any other Loan Document), the Borrower acknowledges and agrees that: (i) (A) the arranging and other services regarding this Agreement provided by the Lenders are arm’s-length commercial transactions between the Borrower and its Affiliates, on the one hand, and the Lenders and their Affiliates, on the other hand, (B) the Borrower has consulted its own legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate, and (C) the Borrower is capable of evaluating, and understands and accepts, the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents; (ii) (A) each of the Lenders and their Affiliates is and has been acting solely as a principal and, except as expressly agreed in writing by the relevant parties, has not been, is not, and will not be acting as an advisor, agent or fiduciary for the Borrower or any of its Affiliates, or any other Person and (B) no Lender or any of its Affiliates has any obligation to the Borrower or any of its Affiliates with respect to the transactions contemplated hereby except, in the case of a Lender, those obligations expressly set forth herein and in the other Loan Documents; and (iii) each of the Lenders and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Borrower and its Affiliates, and no Lender or any of its Affiliates has any obligation to disclose any of such interests to the Borrower or its Affiliates. To the fullest extent permitted by law, the Borrower hereby waives and releases any claims that it may have against each of the Lenders and their Affiliates with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transaction contemplated hereby.

  • Fiduciary Duties Each Stockholder is signing this Agreement solely in such Stockholder's capacity as an owner of his, her or its respective Shares, and nothing herein shall prohibit, prevent or preclude such Stockholder from taking or not taking any action in his or her capacity as an officer or director of the Company, to the extent permitted by the Merger Agreement.

  • Absence of Fiduciary Relationship The Company acknowledges and agrees that:

  • No Advisory or Fiduciary Relationship The Company acknowledges and agrees that (a) the purchase and sale of the Offered Shares pursuant to this Agreement, including the determination of the public offering price of the Offered Shares and any related discounts and commissions, is an arm’s-length commercial transaction between the Company, on the one hand, and the several Underwriters, on the other hand, (b) in connection with the offering contemplated hereby and the process leading to such transaction, each Underwriter is and has been acting solely as a principal and is not the agent or fiduciary of the Company, or its stockholders, creditors, employees or any other party, (c) no Underwriter has assumed or will assume an advisory or fiduciary responsibility in favor of the Company with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has advised or is currently advising the Company on other matters) and no Underwriter has any obligation to the Company with respect to the offering contemplated hereby except the obligations expressly set forth in this Agreement, (d) the Underwriters and their respective affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Company, and (e) the Underwriters have not provided any legal, accounting, regulatory or tax advice with respect to the offering contemplated hereby and the Company has consulted its own legal, accounting, regulatory and tax advisors to the extent it deemed appropriate.

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