Common use of Employee Retirement Income Security Act of 1974 Clause in Contracts

Employee Retirement Income Security Act of 1974. 6.1 For the purpose of the Employee Retirement Income Security Act of 1974 ("ERISA"), the Corporation will be the named fiduciary (the "Named Fiduciary") and the plan administrator (the "Plan Administrator") of the split-dollar life insurance arrangement created by this Agreement (the "Plan") for which this Agreement is hereby designated the written plan instrument.