Named Fiduciary and Administrator. The Bank, as Administrator, shall be the Named Fiduciary of this Agreement. As Administrator, the Bank shall be responsible for the management, control and administration of the Agreement as established herein. The Administrator may delegate to others certain aspects of the management and operational responsibilities of the Agreement, including the employment of advisors and the delegation of ministerial duties to qualified individuals.
Named Fiduciary and Administrator. (The purpose of this Paragraph is to comply with ERISA in the event any portion of the Plan is subject to ERISA.) The named fiduciary shall be Employer. The named fiduciary shall have the authority to control and manage the operation and administration of this Agreement. The administration of this Agreement shall be under the supervision of a director, officer or employee of Employer (hereinafter referred to as the “Administrator”) designated by the Board of Directors of Employer. It shall be a principal duty of the Administrator to see that this Agreement is carried out in accordance with its terms.
Named Fiduciary and Administrator. The named fiduciary shall be the Bank. The named fiduciary shall have the authority to control and manage the operation and administration of this Agreement. The administration of this Agreement shall be under the supervision of a Director, officer or employee of the Bank (hereinafter referred to as the "Administrator") designated by the Board of Directors of the Bank (the "Board"). It shall be a principal duty of the Administrator to see that the Agreement is carried out, in accordance with the terms of the Agreement.
Named Fiduciary and Administrator. The Association shall be the Named Fiduciary And Agreement Administrator (the “Administrator”) of this Agreement. As Administrator, the Association shall be responsible for the management, control and administration of the Agreement as established herein. The Administrator may delegate to others certain aspects of the management and operational responsibilities of the Agreement, including the employment of advisors and the delegation of ministerial duties to qualified individuals.
Named Fiduciary and Administrator. The Board of Directors shall be the Named Fiduciary and Agreement Administrator (the "Administrator") of this Agreement. The Administrator shall be responsible for the management, control, and administration of this Agreement as established herein. The Administrator shall possess and exercise discretionary authority to make determinations as to an Officer's eligibility for benefits and to construe the terms of this Agreement. The Administrator may delegate to others certain aspects of the management and operation responsibilities of this Agreement including the employment of advisors and the delegation of ministerial duties to qualified individuals.
Named Fiduciary and Administrator. The Human Resources/Compensation Committee of the Board of Directors of the Bank shall be the named fiduciary and Administrator (the “Administrator”) of this Agreement. As Administrator, the Human Resources/Compensation Committee of the Board of Directors of the Bank shall be responsible for the management, control and administration of the Agreement as established herein. The Administrator may delegate to others certain aspects of the management and operational responsibilities of the Agreement, including the employment of advisors and the delegation of ministerial duties to qualified individuals.
Named Fiduciary and Administrator. Financial Institution Consulting Corporation, a Tennessee Corporation (“FICC”) shall be the Named Fiduciary and Administrator (the “Administrator”) of this Agreement. As Administrator, FICC shall be responsible for the management, control and administration of the Agreement as established herein. The Administrator may delegate to others certain aspects of the management and operational responsibilities of the Agreement, including the employment of advisors and the delegation of ministerial duties to qualified individuals.
Named Fiduciary and Administrator. The Association shall name a Committee of the Board of Directors as the Named Fiduciary and Administrator of this Plan. The Committee shall consist of not less than three persons. The Committee shall have the authority to make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Plan, as may arise in connection with the Plan. A majority vote of the Committee members shall control any decision.
Named Fiduciary and Administrator. The "Named Fiduciary and Agreement Administrator" (Administrator) of this Agreement shall be First United Bancshares, Inc., until its resignation or removal by the Board of Directors. As Administrator, First United Bancshares, Inc. shall be responsible for the management, control and administration of the Agreement as established herein. It may delegate to others certain aspects of the management and operation responsibilities of the Agreement including the employment of advisors and the delegation of ministerial duties to qualified individuals.
Named Fiduciary and Administrator. The named fiduciary and administrator of this Agreement shall be the Bank. As named fiduciary and administrator, the committee shall be responsible for the management, control and administration of the plan in accordance with the provisions of this Agreement. The Bank may delegate to others certain responsibilities hereunder, including the employment of advisors and the delegation of ministerial duties to qualified individuals.
