Common use of District Obligation Clause in Contracts

District Obligation. The District’s only obligation under this agreement is to contribute the appropriate amount to the teacher’s deferred compensation plan. The District has no additional responsibility regarding the security of or financial loss resulting from these or subsequent investments. EMR and its members shall hold the District harmless in the event of any financial, legal or other difficulties encountered in the administration of this program. All concerns relating to the administration of these contributed funds shall be strictly a matter between the teacher and the service provider.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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