Common use of Named Fiduciary and Plan Administrator Clause in Contracts

Named Fiduciary and Plan Administrator. The Bank is hereby designated the "Named Fiduciary" until resignation or removal by its Board of Directors. As Named Fiduciary, the Bank shall be responsible for the management, control, and administration of this Agreement as established herein. The Named Fiduciary may allocate to others certain aspects of the management and operations responsibilities of this Agreement, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 7 contracts

Samples: Director Indexed Compensation Benefits Agreement (Heritage Commerce Corp), Executive Indexed Compensation Benefits Agreement (Heritage Commerce Corp), Executive Indexed Compensation Benefits Agreement (Heritage Commerce Corp)

AutoNDA by SimpleDocs

Named Fiduciary and Plan Administrator. The Xxx Bank is hereby designated the "Named Fiduciary" until resignation or removal by its Board of Directors. As Named Fiduciary, the Bank shall be responsible for the management, control, and administration of this Agreement as established herein. The Named Fiduciary may allocate to others certain aspects of the management and operations responsibilities of this Agreement, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 2 contracts

Samples: SJNB Financial Corp, SJNB Financial Corp

Named Fiduciary and Plan Administrator. The Bank is hereby designated the "Named Fiduciary" until resignation or removal by its Board of Directors. As Named Fiduciary, the Bank shall be responsible for the management, control, and administration of this Agreement as established herein. The Named Fiduciary may allocate to others certain aspects of the management and operations responsibilities of this Agreement, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Method Split Dollar Plan (Heritage Commerce Corp)

Named Fiduciary and Plan Administrator. The Bank is hereby designated the "Named Fiduciary" until resignation or removal by its Board of Directors. As Named Fiduciary, the Bank shall be responsible for the management, control, and administration of this Agreement as established herein. The Named Fiduciary may allocate to others other certain aspects of the management and operations responsibilities of this Agreement, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Director Supplemental Compensation Agreement (Greater Bay Bancorp)

AutoNDA by SimpleDocs

Named Fiduciary and Plan Administrator. The Bank is hereby designated the desigxxxxx xxx "Named Fiduciary" until resignation or removal by its Board of Directors. As Named Fiduciary, the Bank shall be responsible for the management, control, and administration of this Agreement as established herein. The Named Fiduciary may allocate to others certain aspects of the management and operations responsibilities of this Agreement, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Agreement (Southwest Community Bancorp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!