Common use of General Powers of the Claims Administrator Clause in Contracts

General Powers of the Claims Administrator. The Claims Administrator — or his or her delegate — shall have the power to hire and shall hire and appoint such staff and other appropriate agents, including the Quality Control Supervisor and/or any persons or entities performing Claim audit functions under this Settlement Facility Agreement, as necessary to carry out the functions of the Claims Administrator under this Settlement Facility Agreement. Except as provided at Section 4.02(f) below, salaries, fees, budgets, and payment terms for any staff, contractors, or auditors shall be determined by the Finance Committee, subject to the provisions of Section 7.03(e). The Claims Administrator shall not have authority to subcontract claims- processing functions without the consent of the Debtor’s Representatives and the Claimants’ Advisory Committee and the approval of the District Court. Subject to the direction of the Finance Committee and the approval of expenditures by the District Court, the Trust shall have the authority to enter into such contracts or agreements as may be necessary to operate the Claims Office, to hire staff and contractors and/or to obtain services and equipment and shall have the authority to serve all functions of an employer.

General Powers of the Claims Administrator. The Claims Administrator — or his or her delegate — shall have the power to hire and shall hire and appoint such staff and other appropriate agents, including the Quality Control Supervisor and/or any persons or entities performing Claim audit functions under this Settlement Facility Agreement, as necessary to carry out the functions of the Claims Administrator under this Settlement Facility Agreement. Except as provided at Section 4.02(f) below, salariesSalaries, fees, budgets, and payment terms for any staff, contractors, or auditors shall be determined by the Finance Committee, subject to the provisions of Section 7.03(e). The Claims Administrator shall not have authority to subcontract claims- processing functions without the consent of the Debtor’s Representatives and the Claimants’ Advisory Committee and the approval of the District MDL 926 Court. Subject to the direction of the Finance Committee Committee, which shall coordinate with the MDL 926 Court as appropriate, and the approval of expenditures by the District Court, the Trust shall have the authority to enter into such contracts or agreements as may be necessary to operate the Claims Office, to hire staff and contractors and/or to obtain services and equipment and shall have the authority to serve all functions of an employer.