Common use of Delegation of Administrator Duties Clause in Contracts

Delegation of Administrator Duties. The Company, as Administrator of the Plan, has appointed a Committee to administer the Plan on its behalf. The Company shall provide the Trustee with the names and specimen signatures of any persons authorized to serve as Committee members and act as or on its behalf. Any Committee member appointed by the Company shall serve at the pleasure of the Company, but may resign by written notice to the Company. Committee members shall serve without compensation from the Plan for such services. Except to the extent that the Company otherwise provides, any delegation of duties to a Committee shall carry with it the full discretionary authority of the Administrator to complete such duties.

Appears in 7 contracts

Samples: Plan and Trust Agreement (Timken Co), Roadway Services Inc, Nipsco Industries Inc

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Delegation of Administrator Duties. The Company, as Administrator of the Plan, has appointed a Committee to administer the Plan on its behalf. The Company shall provide the Trustee with the names and specimen signatures of any persons authorized to serve as Committee members and act as or on its behalf. Any Committee member appointed by the Company shall serve at the pleasure of the Company, but may resign by written notice to the Company. Committee members shall serve without compensation from the Plan for such services. Except to the extent that the Company otherwise provides, any delegation of duties to a the Committee shall carry with it the full discretionary authority of the Administrator to complete such duties.

Appears in 3 contracts

Samples: Riviana Foods Inc /De/, Hanna M a Co/De, Gerber Scientific Inc

Delegation of Administrator Duties. The Company, as Administrator of the Plan, has appointed may appoint a Committee to administer the Plan on its behalf. The Company shall provide the Trustee with the names and specimen signatures of any persons authorized to serve as Committee members and act as or on its behalf. Any Committee member appointed by the Company shall serve at the pleasure of the Company, but may resign by written notice to the Company. Committee members shall serve without compensation from the Plan for such services. Except to the extent that the Company otherwise provides, any delegation of duties to a the Committee shall carry with it the full discretionary authority of the Administrator to complete such duties.

Appears in 2 contracts

Samples: Advo Inc, Longview Fibre Co

Delegation of Administrator Duties. The Company, as Administrator of the Plan, has appointed may appoint a Committee to administer the Plan on its behalf. The Company shall provide the Trustee with the names and specimen signatures of any persons authorized to serve as Committee members and act as or on its behalf. Any Committee member appointed by the Company shall serve at the pleasure of the Company, but may resign by written notice to the Company. Committee members shall serve without compensation from the Plan for such services. Except to the extent that the Company otherwise provides, any delegation of duties to a Committee shall carry with it the full discretionary authority of the Administrator to complete such duties.

Appears in 1 contract

Samples: Longview Fibre Co

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Delegation of Administrator Duties. The The, Company, as Administrator of the Plan, has appointed a Committee to administer the Plan on its behalf. The Company shall provide the Trustee with the names and specimen signatures of any persons authorized to serve as Committee members and act as or on its behalf. Any Committee member appointed by the Company shall serve at the pleasure of the Company, but may resign by written notice to the Company. Committee members shall serve without compensation from the Plan for such services. Except to the extent that the Company otherwise provides, any delegation of duties to a Committee shall carry with it the full discretionary authority of the Administrator to complete such duties.

Appears in 1 contract

Samples: Nipsco Industries Inc

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