ERISA PROVISIONS. The Corporation is hereby designated as the named fiduciary under this Agreement. The named fiduciary shall have the authority to control and manage the operation and administration of this Agreement. The policy for funding the obligations under this Agreement shall be the payment of premiums on the Policy.
Appears in 3 contracts
Samples: Split Dollar Life Insurance Agreement (Crowley Maritime Corp), Split Dollar Life Insurance Agreement (Crowley Maritime Corp), Split Dollar Life Insurance Agreement (Crowley Maritime Corp)
ERISA PROVISIONS. The Corporation is hereby designated as the named fiduciary under this Agreement. The named fiduciary shall have the authority to control and manage the operation and administration of this Agreement. The policy for funding the obligations under this Agreement shall be the payment of premiums on the Policy.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Crowley Maritime Corp)
