Benefit of Participants. Each fiduciary shall, within the meaning of the Code and ERISA, discharge its duties with respect to the Trust solely in the interest of participants in the Plan and their beneficiaries and for the exclusive purpose of providing benefits to such participants and beneficiaries and defraying reasonable expenses of administering the Plan.
Appears in 8 contracts
Samples: Trust Agreement (Alltel Corp), Trust Agreement (Southern Co), Trust Agreement (Omnicom Group Inc)
Benefit of Participants. Each fiduciary shallfiduciary, within the meaning of the Code and ERISA, shall discharge its duties with respect to the Trust solely in the interest of participants in the Plan and their beneficiaries and for the exclusive purpose of providing benefits to such participants and beneficiaries and defraying reasonable expenses of administering the Plan.
Appears in 2 contracts
Samples: Trust Agreement (Unitil Corp), Trust Agreement (Unitil Corp)
Benefit of Participants. Each fiduciary shall, within the meaning of the Code and ERISA, discharge its duties with respect to the Trust solely in the interest of participants in the Plan and their Plan beneficiaries and for the exclusive purpose of providing benefits to such participants and beneficiaries and defraying reasonable expenses of administering the Plan.
Appears in 1 contract
