Common use of Payment of Administrative Fee Clause in Contracts

Payment of Administrative Fee. Administrative fees allocable to individual accounts of active employees shall be paid from the account. Administrative fees allocable to the individual accounts of former employees, including retirees, shall be paid from individual accounts. Administrative fees shall be paid from individual accounts of all participants in the event the VEBA Plan is terminated.

Payment of Administrative Fee. Administrative fees allocable to individual accounts of active employees employees, if any, shall be paid from by the accountCOUNTY. Administrative fees allocable to the individual accounts of former employees, including retirees, shall be paid from individual accounts. Administrative fees shall be paid from individual accounts of all participants in the event the VEBA Plan is terminated.

Payment of Administrative Fee. Administrative fees allocable to individual accounts of active employees shall be paid from by the accountschool district. Administrative fees allocable to the individual accounts of former employees, including retirees, shall be paid from individual accounts. Administrative fees shall be paid from individual accounts of all participants in the event the VEBA Plan is terminated.