CONTRACT HOLDER'S RESPONSIBILITY. If the Contract Holder is the trustee of a trust established pursuant to a trust agreement between us and said trustee and adopted by the Employer, such trustee will have no responsibility for Contributions or any payments or other distributions under the Plan or Contract or for the administration of the Plan or Contract. In addition, we will deal with such trustee in accordance with the terms and conditions of the trust agreement pursuant to which the trustee agreed to act as such and in such manner as the trustee and we agree, without the consent of any other person.
Appears in 4 contracts
Samples: Group Flexible Premium Deferred Variable Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us), Group Flexible Premium Deferred Variable Annuity Contract (Separate Account a of Axa Equitable Life Insurance Co), Group Annuity Contract (Separate Account a of Axa Equitable Life Insurance Co)
CONTRACT HOLDER'S RESPONSIBILITY. If the Contract Holder is the trustee of a trust established pursuant to a trust agreement between us Equitable and the said trustee and adopted by the Employer, such that the trustee will have no responsibility for Contributions or any payments or other distributions under the Plan or Contract or for the administration of the Plan or Contract. In addition, we Equitable will deal with such trustee in accordance with the terms and conditions of the trust agreement pursuant to which the trustee agreed to act as such and in such manner as the trustee and we Equitable agree, without the consent of any other person.
Appears in 1 contract
Samples: Group Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)
