Plan Manager. The SLDMWA agrees to perform the obligations of the Plan Manager described in this Coordination Agreement, by delegation to one or more of its employees or to a consultant under contract to the SLDMWA.
Plan Manager. The Plan Manager is Intuition. Intuition is part of a family of companies that has over 25 years of experience in the 529 college savings plan and prepaid tuition plan industry, and is currently providing program management, administrative, and recordkeeping solutions to other states. Intuition is leveraging its comprehensive knowledge and experience with 529 plans to bring innovative technology and an administrative platform to the Plan. Management Agreement The Plan Manager has entered into a 529A Program Management Agreement with the Treasurer as of November 30, 2015, under which Intuition is responsible for providing, directly or through subcontractors, program management systems, recordkeeping, and administrative services for the Plan. Intuition’s Term as Plan Manager Intuition’s current contract to serve as Plan Manager is for a term which expires June 30, 2021. The Treasurer may extend this Agreement for a second two-year extension term, and this Agreement can be renewed for a second two-year extension term unless the Treasurer notifies the Plan Manager in writing of its intention to not do so at least 120 days prior to the expiration date of the term. The parties may mutually agree to one or more additional extension terms following the initial extension term. The Management Agreement is subject to the possibility of earlier termination under specified circumstances, such as a material breach of the Management Agreement. Service Providers to the Plan Investment Advisor The Plan’s Investment Advisor is Marquette Associates. Marquette Associates is an independent consulting firm that guides institutional investment programs with a focused three-point approach and careful research. They serve over 270 clients with over $120 billion in assets – from public funds, unions, and corporations to endowments, foundations, and other non- profits. Investment Manager The Vanguard Group, Inc. is registered under the Investment Advisers Act and serves as the investment advisor to the underlying Mutual Funds in the Investment Options. As of January 31, 2020, Vanguard served as advisor for approximately $6.2 trillion in global assets. Custodian The Treasurer has contracted with Fifth Third to use Fifth Third’s BankSafe Product as the underlying investment account for the BankSafe Option, and to provide custodial services for the Plan. The Custodian is responsible for physical custody and safekeeping of investment assets. Custodian responsibilities include, but are n...
Plan Manager. If the SLDMWA ceases to serve as Plan Manager as agreed under Section 4.1.2 of this coordination Agreement, then the Coordination Committee shall name a successor Plan Manager, who may be a consultant hired by the Secretary pursuant to the Coordination Agreement, the representative of an entity that has been selected as Secretary, or a public agency serving as or participating in a GSA that is a Party to this Coordination Agreement, and who shall serve as the point of contact for DWR as specified by SGMA. The San Xxxx & Delta-Mendota Water Authority is hereby designated as the initial Plan Manager, to serve at the pleasure of the Coordination Committee.
Plan Manager. The Coordination Workgroup shall appoint, by unanimous consent, a Plan Manager, who may be a consultant hired by the GSA Parties pursuant to the Coordination Agreement or a public agency serving as or participating in a GSA that is a GSA Party to this Coordination Agreement. In accordance with the Title 23, California Code of Regulations Section 357.4(b)(1) the Plan Manager shall serve as the point of contact for DWR as specified by the SGMA (section 1.11 above). The Plan Manager has no authority to make policy decisions or represent the Coordination Workgroup without the prior unanimous consent of the Coordination Workgroup. The Plan Manager has no authority to bind or otherwise create legal obligations on behalf of the Coordination Workgroup. The Plan Manager is obligated to disclose all substantive communications he/she transmits and receives in his/her capacity as Plan Manager to the Coordination Workgroup. The Plan Manager serves at the pleasure of the GSA Parties, shall serve until he/she resigns or is otherwise replaced by unanimous consent of the Coordination Workgroup and shall have a separate written agreement with each GSA Party. The Plan Manager is identified in Exhibit “A”.
Plan Manager. The Board shall appoint a Plan Manager. The Administrator and Plan Manager may be the same individual. The Plan Manager shall serve at the pleasure of the Board of Directors and his/her duties and responsibilities shall be set forth by the Board.
Plan Manager. If the SLDMWA ceases to serve as Plan Manager as agreed under Article 3.1 of this MOA, then the Coordination Committee shall name a successor Plan Manager, who may be a consultant hired by the Secretary pursuant to the MOA, the representative of an entity that has been selected as Secretary, or a public agency serving as or participating in a GSA that is a Party to this MOA, and who shall serve as the point of contact for DWR as specified by SGMA. The SLDMWA is hereby designated as the initial Plan Manager, to serve at the pleasure and direction of the Coordination Committee, pursuant to Article III above. The Plan Manager shall carry out the duties of a “plan manager” as provided in Title 23, division 2, Chapter 1.5, Subchapter 2, California Code of Regulations. The Plan Manager has no authority to make policy decisions or represent the Coordination Committee without the specific direction of the Coordination Committee. The Plan Manager is obligated to disclose all substantive communications he/she transmits and receives in his/her capacity as Plan Manager to the Coordination Committee.
Plan Manager. By a simple majority vote of Coordination Committee members present, the Coordination Committee shall select a Plan Manager, who may be a consultant hired by the Secretary, as directed by the action of the Coordination Committee pursuant to this MOA, the representative of an entity that has been selected as Secretary, or a public agency serving as or participating in a GSA that is a Party to this MOA, and who shall serve as the point of contact for DWR as specified by SGMA. Notwithstanding the requirement for a majority vote of the Coordination Committee to appoint a Plan Manager, SLDMWA is hereby designated as the initial Plan Manager, to serve at the pleasure and direction of the Coordination Committee, pursuant to Article III above. The Plan Manager shall carry out the duties of a “plan manager” as provided in Title 23, division 2, Chapter 1.5, Subchapter 2, California Code of Regulations. The Plan Manager has no authority to make policy decisions or represent the Coordination Committee without the specific direction of the Coordination Committee. The Plan Manager is obligated to disclose all substantive communications he/she transmits and receives in his/her capacity as Plan Manager to the Coordination Committee.
Plan Manager. The initial Plan Manager shall be Wyndham, its successors or assigns. The Plan Manager shall operate the Plan pursuant to this Trust Agreement, the Management Agreement between Plan Manager and the Trustee and all other agreements entered into between either the Trustee or the Plan Manager and one or more Members or the developer or the OA for any Trust Property or Vacation Plan. The Management Agreement is incorporated herein by reference and made a part hereof as though set forth word for word. The Plan Manager may be removed only if those Members entitled to cast at least seventy-five percent (75%) of the then total votes of all of the Members vote, at an annual or special meeting of the Members of the Association held in accordance with the terms and provisions of the By-Laws of the Association, for the removal of the Plan Manager. In order to assure continuity, the Plan Manager shall be prohibited from resigning prior to the appointment of a successor Plan Manager.
Plan Manager. (a) The Plan Manager shall be a committee of at least three members as designated in writing by the Company. Any member of the committee may resign upon 30 days' prior written notice to the Company. The Company may remove any member of the committee by written notice to him, and the Trustee. The Company shall fill any vacancy as soon as possible in the committee and shall give written notice thereof to the Trustee. In the interim, the other members of the committee shall have full authority to act. If at any time there is no person appointed or serving as Plan Manager, then the Board of the Company shall serve as Plan Manager.
Plan Manager. The initial Plan Manager shall be Fairfield, its successors or assigns. The Plan Manager shall operate the Plan pursuant to this Trust Agreement and the Management Agreement between Plan Manager and the Trustee, which Management Agreement is incorporated herein by reference and made a part hereof as though set forth word for word. The Plan Manager may be removed by a seventy-five percent (75%) vote of all of the Members. In order to assure continuity, the Plan Manager shall be prohibited from resigning prior to the appointment of a successor Plan Manager.
