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: Executive Indexed Compensation Benefits Agreement (Heritage Commerce Corp), Director Indexed Compensation Benefits Agreement (Heritage Commerce Corp), Executive Supplemental Compensation Agreement (Citizens Bancorp/Or)

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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: Endorsement Method Split Dollar Plan Agreement (SJNB Financial Corp), Endorsement Method Split Dollar Plan Agreement (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: Endorsement Method Split Dollar Plan Agreement (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)

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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: Life Insurance Endorsement Method Split Dollar Plan Agreement (Southwest Community Bancorp)

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