Fiduciary Matters. (a) Fiduciary Status. Parent and ElderCare each acknowledges that certain actions required to be taken pursuant to this Agreement may be subject to fiduciary duties or standards of conduct under ERISA or other applicable law, and no party shall be deemed to be in violation of this Agreement if it fails to comply with any provisions hereof based upon its good faith determination that to do so would violate such a fiduciary duty or standard.
Appears in 4 contracts
Samples: Employee Benefits Agreement (Genesis Healthcare Corp), Employee Benefits Agreement (Genesis Healthcare Corp), Employee Benefits Agreement (Genesis Healthcare Corp)
Fiduciary Matters. (a) Fiduciary Status. Parent and ElderCare Technologies each acknowledges that certain actions required to be taken pursuant to this Agreement may be subject to fiduciary duties or standards of conduct under ERISA or other applicable law, and no party shall be deemed to be in violation of this Agreement if it fails to comply with any provisions hereof based upon its good faith determination that to do so would violate such a fiduciary duty or standard.
Appears in 2 contracts
Samples: Employee Benefits Agreement (FMC Technologies Inc), Employee Benefits Agreement (FMC Technologies Inc)
