DUTIES OF THE TRUSTEE REGARDING PAYMENTS. At the direction of the Administrator, the Trustee shall, from time to time, in accordance with the terms of the Plan, make payments out of the Trust Fund. The Trustee shall not be responsible in any way for the application of such payments.
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Samples: Employee Profit Sharing and Stock Ownership Plan and Trust Agreement (PBSJ Corp /Fl/), Retirement & Profit Sharing Plan (Aironet Wireless Communications Inc), Employee Stock Ownership Plan and Trust (Uwharrie Capital Corp)
DUTIES OF THE TRUSTEE REGARDING PAYMENTS. At the direction of the Plan Administrator, the Trustee shall, from time to time, in accordance with the terms of the Plan, make payments out of the Trust Fund. The Trustee shall not be responsible in any way for the application of such payments.
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Samples: Bargaining Unit Pension Plan and Trust Agreement (Blonder Tongue Laboratories Inc)
DUTIES OF THE TRUSTEE REGARDING PAYMENTS. At the direction of the Administrator, the Trustee shall, from time to time, in accordance with the terms of the Plan, make payments out of the Trust FundPlan assets. The Trustee shall not be responsible in any way for the application of such payments.
Appears in 1 contract
