Common use of Plan Administrator Duties Clause in Contracts

Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator shall be the named fiduciary for purposes of ERISA, if applicable, and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions including interpretations of this Agreement, as may arise in connection with the Agreement.

Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator shall be responsible for the named fiduciary for purposes of ERISAmanagement, if applicableoperation, and administration of the Agreement. When making a determination or calculation, the Plan Administrator shall also have be entitled to rely on information furnished by the discretion and authority to (i) makeBank, amend, interpret and enforce all appropriate rules and regulations for the administration Executive or Beneficiary. No provision of this Agreement and (ii) decide shall be construed as imposing on the Plan Administrator any fiduciary duty under ERISA or resolve other law, or any and all questions including interpretations of this Agreement, as may arise in connection with the Agreementduty similar to any fiduciary duty under ERISA or other law.

Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Executive may be a 1st United Bancorp/1st United Bank Supplemental Executive Retirement Plan Agreement member of the Plan Administrator. The Plan Administrator shall be the named fiduciary for purposes of ERISA, if applicable, and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions including interpretations of this Agreement, as may arise in connection with the Agreement.