Common use of DUTIES AND INDEMNIFICATION Clause in Contracts

DUTIES AND INDEMNIFICATION. (a) The Trustee shall have the authority and discretion to manage and govern the Fund to the extent provided in this instrument, but does not guarantee the Fund in any manner against investment loss or depreciation in asset value, or guarantee the adequacy of the Fund to meet and discharge all or any liabilities of the Plan.

Appears in 4 contracts

Samples: East West Bancorp Inc, Adoption Agreement (Shared Technologies Cellular Inc), Non Standardized Adoption Agreement (Princeton Review Inc)

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DUTIES AND INDEMNIFICATION. (aA) The Trustee shall have the authority and discretion to manage and govern the Fund to the extent provided in this instrument, but does not guarantee the Fund in any manner against investment loss or depreciation in asset value, or guarantee the adequacy of the Fund to meet and discharge all or any liabilities of the Plan.

Appears in 1 contract

Samples: Standarized Adoption Agreement (Oregon Trail Financial Corp)

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