Plan Administrator Directions Sample Clauses

Plan Administrator Directions. The Company will be the Plan Administrator. The Company, by action of its governing body (the Board of Directors for a corporation, the partnership for a partnership, collectively the “Governing Body”) will have the right to appoint and empower any other person(s) or entity to serve as Plan Administrator, or to serve on the Plan administrative committee (collectively the “Administrator”) on its behalf. The Company appointing the Administrator will inform the Trustee of the appointment by providing it with a copy of the appropriate resolution from the Company’s Governing Body. The Company will notify Trustee of the name(s) of the Administrator as of the date of this Agreement and will inform Trustee of any subsequent change. In the absence of such notification, the Company will be the Administrator. The Administrator will be the Plan’s named fiduciary unless the Company designates other persons who are authorized to act as or on behalf of the Plan as named fiduciary and so informs the Trustee in writing. The Administrator may delegate to any other person or persons any of the Administrator’s rights, powers or responsibilities with respect to the operation and administration of the Trust Fund. The Company or the Administrator will identify in a written notice to the Trustee the identity of the person(s) authorized to give directions to the Trustee on behalf of the Administrator. Such notice will contain specimens of the authorized signatures and will indicate the number of authorized persons required to effect Trustee action. The Trustee will be entitled to rely upon such written notice as evidence of the identity and authority of the persons appointed. Unless otherwise set forth in this Agreement, for purposes of this Agreement, any reference to the Administrator will include the delegates of the Administrator. The Company will provide the Trustee with copies of all Plan or other documents required by the Trustee at or before the time this Agreement is executed by the Company and will provide the Trustee all other documents amending or supplementing the Plan promptly upon their adoption. The Company or the Plan Administrator, as applicable, will provide the Trustee with copies of all agreements with all agents, including any investment managers, appointed by the Company (each an “Investment Manager”) or the Plan Administrator and all other documents amending or supplementing such agreements. Directions from the Administrator to the Trustee will be in writin...