Administration of the Plans. The Distributor agrees to administer on behalf of the Trust any Plan(s) adopted by the Trust under Rule 12b-1. The Distributor shall, at its own expense, set up and maintain a system of recording payments of fees and reimbursement of expenses disseminated pursuant to this Agreement and other agreements related to any such Plan(s) and, pursuant to the 1940 Act, report such payment activity to the Trust at least quarterly.
Administration of the Plans. In its capacity as principal underwriter, Clarendon shall be responsible for the timely and proper performance of such administrative functions as may be delegated to it from time to time by Sun Life (U.S.). Clarendon shall perform all such functions in accordance with such administrative standards, practices and procedures as may be established from time to time by Sun Life (U.S.).
Administration of the Plans. (i) Costs of employer contributions incurred under the terms of said plans and costs incurred in the course of their administration are allowable to the extent approved by the Contracting Officer. At DOE request, the Contractor shall provide an itemization of costs incurred for administration. The plan fund, not the Contractor, shall be liable for costs incurred in the course of administration.
Administration of the Plans. Unless Parent wishes to use another administrator, the Parties agree that AG will continue to be responsible for and manage the administration of the Plans (AG being authorized to outsource any such activities), on such further terms to be agreed between the Parties in a separate agreement.
Administration of the Plans. Section 7. The Fund, FIMCO and FIC hereby appoint ADM as administrator of the Plans, and ADM accepts such appointment and agrees to act in such capacity upon the terms set forth in this Agreement. As provided Section 2, ADM will maintain records, which will be part of the stock registry records as well as its records of the administration of the Plans, in which it will note the transactions effected for the respective Planholders and the number of Shares and fractions from time to time owned by them for which no Share Certificates are outstanding.
Administration of the Plans. Communications. --------- ------------------------------------------- (a) The Company and/or the Non-Qualified Plans Committee or the Administrative Committee shall administer the Plans as provided therein and subject to Paragraph (b) of Article FOURTH and Paragraph (c) of Article NINTH hereof, or subject to any other delegation by the Company and/or the Non-Qualified Plans Committee or the Administrative Committee and assumption by the Trustee of the duties of administering the Plans, the Trustee shall not be responsible in any respect for administering the Plans nor shall the Trustee be responsible for the adequacy of the Trust to meet and discharge all payments and liabilities under the Plans. The Trustee shall be fully protected in relying upon any written notice, instruction, direction or other communication signed by an employee of the Company or a member of the Non-Qualified Plans Committee or the Administrative Committee who is authorized to execute and deliver, in the name and on behalf of the Company or the Non-Qualified Plans Committee or the Administrative Committee, documents or instruments relating to the Trust. The Company and/or the Non-Qualified Plans Committee or the Administrative Committee, from time to time, shall furnish the Trustee with the names and specimen signatures of the Authorized Persons and shall promptly notify the Trustee of the termination of office of any Authorized Person and the appointment of a successor thereto. Until notified to the contrary, the Trustee shall be fully protected in relying upon the most recent list of Authorized Persons furnished to it by the Company and/or the Non-Qualified Plans Committee or the Administrative Committee.
Administration of the Plans. The Plans shall be administered, construed, governed, and amended in accordance with their respective terms.
