Administration of Fund. The Fund shall be maintained and administered by the Foundation in accordance with all policies and procedures of the Foundation governing the management, investment, administration, and distribution of the Fund, including but not limited to the endowment spending, fee and investment policies, and any other such policies now in effect or as may be amended from time to time, as well as applicable state and federal law.
Administration of Fund. The GISD Assistant Superintendent for Special Education will be the Administrator of the SEF (“SEF Administrator”). The SEF Administrator shall direct and supervise all facets of the SEF pursuant to the Parties’ written agreement described in Section 1 above. The SEF Administrator shall not be compensated by the SEF or by Plaintiffs.
Administration of Fund. The Fund shall be administered as a component part of the Foundation, and as such shall be in all respects subject to the common governing instruments of the Foundation. These shall include, but are not necessarily limited to, TGKVF’s Articles of Incorporation and Bylaws, the Foundation’s Declaration(s) of Trust and Bylaws, the Foundation’s Advised Fund Guidelines and Fund Activity Policy, the Foundation’s investment and spending policies, and all other rules, regulations, and policies of TGKVF and the Foundation, as the same may exist from time to time (collectively referred to as “Common Governing Instruments”), all of which are incorporated herein by reference.
Administration of Fund. As provided in section 21677 of the Government Code, the Board has the exclusive control of the administration and investment of the Fund. As provided in section 21676 of the Government Code, the Board may retain a bank or trust company to serve as a custodian for safekeeping, recordkeeping, delivery, securities valuation, investment performance reporting, or other services in connection with the investment of the Fund. In addition, the Board may retain one or more investment managers or investment advisors to manage or participate in the management of the investment portfolios of the Fund. All expenses and fees incurred in the administration of the Fund shall be treated as Plan expenses under Section 11.4.
Administration of Fund. The Fund shall be held and administered under and subject to TGKVF’s Articles of Incorporation, as the same may be amended from time to time, the terms of which are incorporated herein by reference. The Fund shall further be administered in accordance with TGKVF’s Bylaws, advised fund procedures, investment and spending policies, and all other rules, regulations, and policies of TGKVF, as the same may exist from time to time (collectively referred to as “Policies and Procedures”), all of which are incorporated herein by reference.
Administration of Fund. So long as it is the Manager and the provisions of this Agreement for compensation and reimbursement of expenses of the Manager are observed, the Manager shall have the responsibility of providing continuing administrative and executive support, advice, consultation, analysis and supervision with respect to the functions of the Fund, including decisions regarding refinancing and sale or other disposition of the Investments, and compliance with federal, state and local regulatory requirements and procedures. In this regard, the Manager may retain the services of its Affiliates or unaffiliated parties as the Manager may deem appropriate to provide management and financial consultation and advice, and may enter into agreements for the management and operation of Fund assets.
Administration of Fund. (1) The general administration of the Fund and the responsibility for carrying out the provisions hereof shall be placed in a Retirement Board of seven persons appointed or elected to office as follows:
(a) Three persons appointed by the Authority from time to time to serve at the pleasure of the Authority, at least one of whom shall be a Director.
(b) One Member of the Fund elected by vote conducted by the Authority for a term of three years by Members of the Fund who are not members of the Union.
(c) Two Members of the Fund to be designated by the Union to serve at the pleasure of the Union.
(d) One person, to be known as the honorary member who shall have no vote except as hereinafter provided, to be elected, for such period as the Retirement Board may determine, by the other six (6) members of the Retirement Board. In the event the Retirement Board is unable to reach a decision on a replacement for the currently elected honorary member, disputes arising under Article VI, Section 5, shall be submitted to final and binding determination on a case by case basis before a temporarily appointed honorary member. Such temporary shall substitute for the Retirement Board’s invitation to the honorary member to cast the deciding vote only for as long as the Retirement Board fails to elect a new honorary member. The temporary shall be selected from a list of seven (7) persons qualified to decide pension administrative issues, furnished by the American Arbitration Association. In an order determined by lot, each Board member shall be entitled to strike one name from the list until one name remains. Upon election of the Honorary Board Member, said member shall serve a term of up to three (3) years which may be renewed, without limit to the number of terms, by vote of the Board. The Board retains the authority to terminate the services of the Honorary Board Member at any time.
(e) Each member of the Retirement Board other than the honorary member shall have an alternate who shall have been elected or appointed in the same manner and for the same terms as their principal, and who may act as a member of the Retirement Board in the absence of their principal and when so acting shall be deemed a member of the Retirement Board.
(2) Any person appointed or elected a member of the Retirement Board shall signify their acceptance by filing written acceptance with the Authority and with the Secretary of the Retirement Board. Any member of the Retirement Board may resign by deli...
Administration of Fund. 15 Section 3.1 Initial Cost.....................................................................15 Section 3.2 Update Cost .....................................................................15
Administration of Fund. THE FUND shall be administered by a joint committee comprised of two (2) persons known as EMPLOYER TRUSTEES, who shall be designated by the EMPLOYER; two DANCER TRUSTEES designated by the ARTISTS, who shall be ARTISTS employed by EMPLOYER, a fifth (5) TRUSTEE shall be an AGMA staff representative. The DANCER TRUSTEES and the AGMA staff representative shall be known as the “ARTIST TRUSTEES”. EMPLOYER TRUSTEES and ARTIST TRUSTEES shall be known as the “COMMITTEE.” DANCER and EMPLOYER TRUSTEES shall retain the position of TRUSTEE for a term of three (3) consecutive contract years. Should any TRUSTEE leave EMPLOYER’s employment or step-down from this position for any reason, ARTISTS or EMPLOYER shall elect a replacement TRUSTEE as soon as possible. EMPLOYER shall be responsible for creating and administering a separate interest bearing account for THE FUND. Funds may be withdrawn only with a signature from a designated EMPLOYER TRUSTEE and a designated DANCER TRUSTEE.
Administration of Fund. Fund Management including source of fund and investment of fund Compensation to individual cases
(i) A token amount of Rs. 25,000 from contractor’s contribution and additional Rs. 25,000 from NHIDCL’s side totalling to Rs. 50,000/- may be paid to all cases. This amount of Rs. 50,000/- should be paid to the legal heir of the deceased immediately on confirma- tion of the death.
(ii) For additional compensation the judgment given under workmen compensation award may be considered as a reference. Depending upon the no. of dependents their age, education and other family background the decision can be made on case-to-case ba- sis. Money shall be deposited on a fixed deposit and the monthly interest can only be
