Common use of No Release from Liability Clause in Contracts

No Release from Liability. Nothing in the Plan shall relieve any person from liability for any responsibility under Part 4 of Title I of the Act. Subject thereto, neither Trustee, Loan Trustee, Administrator nor Distributor nor any other person shall have any liability under the Plan, except as a result of negligence or wilful misconduct, and in any event the Employer shall fully indemnify and save harmless all persons from any liability except that resulting from their negligence or wilful misconduct.

Appears in 3 contracts

Samples: Scudder Flexi Plan Agreement (Scudder Equity Trust), Scudder Flexi Plan Agreement (Scudder Investment Trust), Scudder Flexi Plan Agreement (Scudder Portfolio Trust/)

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No Release from Liability. Nothing in the Plan shall relieve any person from liability for any responsibility under Part 4 of Title I of the Act. Subject thereto, neither Trustee, Loan Trustee, Administrator nor or Distributor nor any other person shall have any liability under the Plan, except as a result of negligence or wilful misconduct, and in any event the Employer shall fully indemnify and save harmless all persons from any liability except that resulting from their negligence or wilful misconduct.

Appears in 2 contracts

Samples: Prototype 401(k) Plan (Associated Estates Realty Corp), 401(k) Plan Adoption Agreement (Tro Learning Inc)

No Release from Liability. Nothing in the Plan shall relieve any person from liability for any responsibility under Part 4 of Title I of the Act. , Subject thereto, thereto neither the Trustee, Loan Trustee, the Administrator nor Distributor nor any other person shall have any liability under the Plan, except as a result of his negligence or wilful misconduct, and in any event the Employer shall fully indemnify and save harmless all persons from any such liability except that resulting from their negligence or wilful misconduct.

Appears in 1 contract

Samples: Employer Adoption Agreement (Scudder Gnma Fund)

No Release from Liability. Nothing in the Plan shall relieve any person from liability for any responsibility under Part 4 of Title I of the Act. Subject thereto, neither Trustee, Loan Trustee, Administrator nor or Distributor nor any other person shall have any liability under the Plan, except as a result of negligence or wilful misconduct, and in any event the Employer shall fully indemnify and save harmless all persons from any liability except that resulting from their negligence or wilful misconduct.,

Appears in 1 contract

Samples: Prototype 401(k) Plan (United States Lime & Minerals Inc)

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No Release from Liability. Nothing in the Plan shall relieve any person from liability for any responsibility under Part 4 of Title I of the Act. Subject thereto, neither Trustee, Loan Trustee, Administrator nor or Distributor nor any other person shall have any 154 177 liability under the Plan, except as a result of negligence or wilful misconduct, and in any event the Employer shall fully indemnify and save harmless all persons from any liability except that resulting from their negligence or wilful misconduct.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (United States Lime & Minerals Inc)

No Release from Liability. Nothing in the Plan shall relieve any ------------------------- person from liability for any responsibility under Part 4 of Title I of the Act. Subject thereto, neither Trustee, Loan Trustee, Administrator nor or Distributor nor any other person shall have any liability under the Plan, except as a result of negligence or wilful willful misconduct, and in any event the Employer shall fully indemnify and save harmless all persons from any liability except that resulting from their negligence or wilful misconduct.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Chandler Insurance Co LTD)

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