Fiduciary Standards. Subject to paragraphs 13.6 and 13.8 hereof, the Trustee, Employer and Custodian, as applicable, shall invest and reinvest principal and income of the Trust in accordance with the funding policy and investment objectives established by the Employer, provided that:
Appears in 6 contracts
Samples: Prototype Defined Contribution Plan (Wellesley Bancorp, Inc.), Prototype Defined Contribution Plan (Savannah Bancorp Inc), Participation Agreement (Sterling Chemicals Inc)
Fiduciary Standards. Subject to paragraphs 13.6 and 13.8 hereof, the Trustee, Employer and Custodian, as applicable, shall invest and reinvest principal and income of the Trust in accordance with the funding policy and investment objectives established by the EmployerTrust, provided that:
Appears in 2 contracts
Samples: Nonstandardized Adoption Agreement (Chicopee Bancorp, Inc.), Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.)
Fiduciary Standards. Subject to paragraphs 13.6 and 13.8 hereof, the Trustee, Employer and Custodian, as applicable, shall invest and reinvest principal and income of the Trust in accordance with the funding policy and investment objectives established by the Employer, provided that:: such investments are prudent under ERISA, as amended, and the Regulations thereunder,
Appears in 2 contracts
Samples: Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc), ASB Bancorp Inc
Fiduciary Standards. Subject to paragraphs 13.6 and 13.8 hereof, the Trustee, Employer and Custodian, as applicable, shall invest and reinvest principal and income of the Trust in accordance with the funding policy and investment objectives established by the EmployerTrust, provided that:
Appears in 1 contract
Samples: Prototype Defined Contribution Plan (1st Constitution Bancorp)
Fiduciary Standards. Subject to paragraphs 13.6 and 13.8 hereof, the Trustee, Employer and Custodian, as applicable, shall invest and reinvest principal and income of the Trust in accordance with the funding policy and investment objectives established by the EmployerTrust, provided that:: such investments are prudent under ERISA, as amended, and the Regulations thereunder,
Appears in 1 contract
Samples: Century Bancorp Inc
