Common use of Named Fiduciary and Plan Administrator Clause in Contracts

Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Executive Plan shall be Surrey Bank & Trust. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control and administration of the Executive Plan. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Executive Plan including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 4 contracts

Samples: Executive Salary Continuation Agreement (Surrey Bancorp), Executive Salary Continuation Agreement (Surrey Bancorp), Executive Salary Continuation Agreement (Surrey Bancorp)

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Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Executive Plan shall be Surrey Bank & Trust. Centra Bank, Inc. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control and administration of the Executive Plan. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Executive Plan including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 4 contracts

Samples: Executive Salary Continuation Agreement (Centra Financial Holdings Inc), Executive Salary Continuation Agreement (Centra Financial Holdings Inc), Executive Salary Continuation Agreement (Centra Financial Holdings Inc)

Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Executive Plan shall be Surrey Bank & TrustCentra Bank, Inc. until its resignation or removal by the Board. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control and administration of the Executive Plan. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Executive Plan including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 2 contracts

Samples: Executive Salary Continuation Agreement (Centra Financial Holdings Inc), Executive Supplemental Retirement Plan (Centra Financial Holdings Inc)

Named Fiduciary and Plan Administrator. The “Named Fiduciary Fiduciary” and Plan Administrator” of this Executive Plan executive plan shall be Surrey the Bank & Trustuntil its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control and administration of the Executive Planthis executive plan. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Executive Plan plan, including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 2 contracts

Samples: Supplemental Compensation Agreement (BayCom Corp), Supplemental Compensation Agreement (BayCom Corp)

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Named Fiduciary and Plan Administrator. The "Named Fiduciary and Plan Administrator" of this Executive Plan shall be Surrey Bank & Trustthe Bank. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control and administration of the Executive PlanExecutive's Indexed Retirement Plan as established herein. The Named Fiduciary Bank may delegate to others certain aspects of the management and operation responsibilities of the Executive Plan including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Executive Agreement (Flag Financial Corp)

Named Fiduciary and Plan Administrator. The “Named Fiduciary Fiduciary” and Plan Administrator” of this Executive Plan shall be Surrey the Bank & Trustuntil its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control and administration of the this Executive Plan. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Executive Plan plan, including the employment of advisors and the delegation of ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Santa Lucia Bank Salary Continuation Agreement (Santa Lucia Bancorp)

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