APPOINTMENT OF TRUSTEE AND INVESTMENT COMMITTEE. The Employer shall appoint one or more persons as a Trustee who shall serve as such for all or a portion of the Trust Fund. By executing the Adoption Agreement: (i) the Employer represents that all necessary action has been taken for the appointment of the Trustee; (ii) the Trustee acknowledges that it accepts such appointment; and (iii) both the Employer and the Trustee agree to act in accordance with the Trust provisions contained in this Article X.
Appears in 5 contracts
Samples: Prototype Defined Contribution Plan Adoption Agreement (Tca Cable Tv Inc), 401(k) Plan Adoption Agreement (Pennfed Financial Services Inc), Prototype Defined Contribution Plan Adoption Agreement (Media 100 Inc)
APPOINTMENT OF TRUSTEE AND INVESTMENT COMMITTEE. The Employer shall appoint one or more persons as a Trustee who shall serve as such for all or a portion of the Trust Fund. By executing the Adoption Agreement: (i) the Employer represents that all necessary necessary, action has been taken for the appointment of the Trustee; (ii) the Trustee acknowledges that it accepts such appointment; and (iii) both the Employer and the Trustee agree to act in accordance with the Trust provisions contained in this Article X.
Appears in 1 contract
Samples: Prototype Defined Contribution Plan Adoption Agreement (Labor Ready Inc)