Common use of ERISA PROVISIONS Clause in Contracts

ERISA PROVISIONS. The following provisions are part of this Agreement and are intended to meet the requirements of the Employee Retirement Income Security Act of 1974 ("ERISA"): A. Named Fiduciary and Plan Administrator. -------------------------------------- The "Named Fiduciary and Plan Administrator" of this Endorsement Method Split Dollar Agreement shall be Osage Federal Savings and Loan Association of Pawhuska, until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Institution shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 3 contracts

Samples: Director Supplemental Income Plan Agreement (Osage Federal Financial Inc), Director Supplemental Income Plan Agreement (Osage Federal Financial Inc), Director Supplemental Income Plan Agreement (Osage Federal Financial Inc)

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ERISA PROVISIONS. The following provisions are part of this Agreement and are intended to meet the requirements of the Employee Retirement Income Security Act of 1974 ("ERISA"): A. Named Fiduciary and Plan Administrator. -------------------------------------- The "Named Fiduciary and Plan Administrator" of this Endorsement Method Split Dollar Agreement shall be Osage Federal Savings and Loan Association of Pawhuska, Pawhuska until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Institution shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 3 contracts

Samples: Executive Salary Continuation Plan Agreement (Osage Federal Financial Inc), Executive Salary Continuation Plan Agreement (Osage Federal Financial Inc), Executive Salary Continuation Plan Agreement (Osage Federal Financial Inc)

ERISA PROVISIONS. The following provisions are part of this Agreement and are intended to meet the requirements of the Employee Retirement Income Security Act of 1974 ("ERISA"): A. Named Fiduciary and Plan Administrator. -------------------------------------- The "Named Fiduciary and Plan Administrator" of this Endorsement Method Split Dollar Agreement shall be Osage Federal Savings Park West Bank and Loan Association of Pawhuska, Trust Company until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Institution Bank or the Trustee at the direction of the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Life Insurance Endorsement Method Split Dollar Plan Agreement (Westbank Corp)

ERISA PROVISIONS. The following provisions are part of this Agreement and are intended to meet the requirements of the Employee Retirement Income Security Act of 1974 ("ERISA"): A. Named Fiduciary and Plan Administrator. -------------------------------------- --------------------------------------- The "Named Fiduciary and Plan Administrator" of this Endorsement Method Split Dollar Agreement shall be Osage BUCS Federal Savings and Loan Association of Pawhuska, until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Institution Bank or the Trustee at the direction of the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Endorsement Method Split Dollar Plan Agreement (Bucs Financial Corp)

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ERISA PROVISIONS. The following provisions are part of this Agreement and are intended to meet the requirements of the Employee Retirement Income Security Act of 1974 ("ERISA"): A. Named Fiduciary and Plan Administrator. -------------------------------------- ------------------------------------- The "Named Fiduciary and Plan Administrator" of this Endorsement Method Split Dollar Agreement shall be Osage Federal Savings and Loan Association of Pawhuska, Pawhuska until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Institution shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Executive Salary Continuation Plan Agreement (Osage Federal Financial Inc)

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