Fiduciary and Administrator. (a) The Human Resources Committee of the Board will be Fiduciary and the Company will be Administrator of this Agreement. The Company's Board of Directors may authorize a person or group of persons to fulfill the responsibilities of the Company as Administrator. (b) The Fiduciary or the Administrator may employ others to render advice with regard to its responsibilities under this Agreement. The Fiduciary may also allocate fiduciary responsibilities to others and may exercise any other powers necessary for the discharge of its duties to the extent not in conflict with any provisions of the Employee Retirement Income Security Act of 1974 that may be applicable.
Appears in 4 contracts
Samples: Pre Retirement Death Benefit and Supplemental Pension Agreement (Hartford Steam Boiler Inspection & Insurance Co), Pre Retirement Death Benefit and Supplemental Pension Agreement (HSB Group Inc), Pre Retirement Death Benefit and Supplemental Pension Agreement (Hartford Steam Boiler Inspection & Insurance Co)
