MEMBERS' COMPENSATION, EXPENSES. The Employer must appoint an Advisory Committee to administer the Plan, the members of which may or may not be Participants in the Plan, or which may be the Plan Administrator acting alone. The members of the Advisory Committee will serve without compensation for services as such, but the Employer will pay all expenses of the Advisory Committee, including the expense for any bond required under ERISA.
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Samples: Employee Stock Ownership Plan And (Edwards J D & Co), Employee Stock Ownership Plan and Trust Agreement (Fronteer Directory Company Inc), Plan and Trust Agreement (DST Systems Inc)
MEMBERS' COMPENSATION, EXPENSES. The Employer must appoint an Advisory Committee to administer the Plan, the members of which may or may not be Participants in the Plan, or which may be the Plan Administrator acting alone. The members of the Advisory Committee will shall serve without compensation for services as such, but the Employer will pay all expenses of the Advisory Committee, including the expense for any bond required under ERISA.
Appears in 1 contract
MEMBERS' COMPENSATION, EXPENSES. The Employer employer must appoint an Advisory Committee to administer the Plan, the members of which may or may not be Participants in the Plan, or which may be the Plan Administrator acting alone. The members of the Advisory Committee will shall serve without compensation for services as such, but the Employer will pay all expenses of the Advisory Committee, including the expense for any bond required under ERISA.
Appears in 1 contract
Samples: Deferral Plan and Trust Agreement (Flow International Corp)
