Independent Fiduciary. ElderCare shall retain the right to retain a fiduciary, auditor or accounting firm independent of Parent to review and approve the types and value of the assets to be transferred to the ElderCare Plans from the Parent Plans as described in Article III and Article IV of this Agreement to the extent that such Plans are subject to Part 4 of Title I of ERISA. The foregoing shall not prevent ElderCare from engaging any fiduciaries for any other purposes.
Appears in 4 contracts
Samples: Employee Benefits Agreement (Neighborcare Inc), Employee Benefits Agreement (Genesis Healthcare Corp), Employee Benefits Agreement (Genesis Healthcare Corp)
