Common use of Independent Fiduciary Clause in Contracts

Independent Fiduciary. No Selling Shareholder is (A) an employee benefit plan subject to Title I of ERISA (B) a plan or account subject to Section 4975 of the Code or (C) an entity deemed to hold “plan assets” of any such plan or account under Section 3(42) of ERISA, 29 C.F.R. 2510.3-101, or otherwise.

Independent Fiduciary. No The Selling Shareholder is not (A) an employee benefit plan subject to Title I of ERISA (B) a plan or account subject to Section 4975 of the Code or (C) an entity deemed to hold “plan assets” of any such plan or account under Section 3(42) of ERISA, 29 C.F.R. 2510.3-101, or otherwise.