EMPLOYER'S AND TRUSTEE'S PROTECTIVE CLAUSE. The Employer, Administrator and Trustee, and their successors, shall not be responsible for the validity of any Contract issued hereunder or for the failure on the part of the Insurer to make payments provided by any such Contract, or for the action of any person which may delay payment or render a Contract null and void or unenforceable in whole or in part.
Appears in 5 contracts
Samples: www.mfs.com, MSC Software Corp, Adoption Agreement (Baldwin Technology Co Inc)
EMPLOYER'S AND TRUSTEE'S PROTECTIVE CLAUSE. The Employer, Administrator and Trustee, and their successors, shall not be responsible for the validity of any Contract issued hereunder or for the failure on the part of the Insurer insurer to make payments provided by any such Contract, or for the action of any person which may delay payment or render a Contract null and void or unenforceable in whole or in part.
Appears in 3 contracts
Samples: Stock Ownership Plan and Trust Agreement (PBSJ Corp /Fl/), Chevron Corp, Winton Financial Corp
EMPLOYER'S AND TRUSTEE'S PROTECTIVE CLAUSE. The Employer, Administrator and Neither the Employer nor the Trustee, and nor their successors, shall not be responsible for the validity of any Contract issued hereunder or for the failure on the part of the Insurer insurer to make payments provided by any such Contract, or for the action of any person which may delay payment or render a Contract null and void or unenforceable in whole or in part.
Appears in 3 contracts
Samples: Uwharrie Capital Corp, Telxon Corp, Aironet Wireless Communications Inc
EMPLOYER'S AND TRUSTEE'S PROTECTIVE CLAUSE. The Neither the Employer, Administrator and the Administrator, nor the Trustee, and nor their successors, successors shall not be responsible for the validity of any Contract issued hereunder or for the failure on the part of the Insurer insurer to make payments provided by any such Contract, or for the action of any person which may delay payment or render a Contract null and void or unenforceable in whole or in part.
Appears in 2 contracts
Samples: Allied Employee Stock Ownership Plan and Trust Agreement (Allied Capital Corp), Ameritrade Holding Corp