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 3 contracts
Samples: Defined Contribution Plan (Savannah Bancorp Inc), Savings and Investment Plan Document (Sterling Chemicals Inc), Adoption 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 Employer, provided that:: such investments are prudent under ERISA, as amended, and the Regulations thereunder,
Appears in 2 contracts
Samples: Defined Contribution Plan (ASB Bancorp Inc), Defined Contribution Plan (Fraternity Community 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: 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
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:
1. such investments are prudent under ERISA, as amended, and the Regulations thereunder,
Appears in 1 contract
Samples: Defined Contribution Plan (Wellesley Bancorp, Inc.)
Fiduciary Standards. Subject to paragraphs 13.6 and 13.8 hereof, the Trustee, Employer and Custodian, as applicableif discretionary, 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 1 contract
Samples: 401(k) Defined Contribution Plan (Measurement Specialties Inc)
