Common use of Plan Fiduciaries Clause in Contracts

Plan Fiduciaries. For all periods at and after the Effective Time, the parties agree that the applicable fiduciaries of each of the Parent 401(k) Plan and the SpinCo 401(k) Plan, respectively, shall have the authority with respect to the Parent 401(k) Plan and the SpinCo 401(k) Plan, respectively, to determine the investment alternatives, the terms and conditions with respect to those investment alternatives and such other matters as are within the scope of their duties under ERISA and the terms of the applicable plan documents.

Appears in 7 contracts

Samples: Employee Matters Agreement (RXO, Inc.), Employee Matters Agreement (Rxo, LLC), Employee Matters Agreement (Consensus Cloud Solutions, Inc.)

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Plan Fiduciaries. For all periods at and after the Effective Time, the parties agree that the applicable fiduciaries of each of the Parent 401(k) Plan Plans and the SpinCo 401(k) PlanPlans, respectively, shall have the authority with respect to the Parent 401(k) Plan Plans and the SpinCo 401(k) PlanPlans, respectively, to determine the investment alternatives, the terms and conditions with respect to those investment alternatives and such other matters as are within the scope of their duties under ERISA and the terms of the applicable plan documents.

Appears in 5 contracts

Samples: Employee Matters Agreement (Mdu Resources Group Inc), Employee Matters Agreement (Knife River Holding Co), Employee Matters Agreement (Knife River Holding Co)

Plan Fiduciaries. For all periods at and after the Effective Time, the parties Parties agree that the applicable fiduciaries of each of the Parent 401(k) Plan and the SpinCo 401(k) Plan, respectively, shall have the authority with respect to the Parent 401(k) Plan and the SpinCo 401(k) Plan, respectively, to determine the investment alternatives, the terms and conditions with respect to those investment alternatives and such other matters as are within the scope of their duties under ERISA and the terms of the applicable plan documents.

Appears in 4 contracts

Samples: Employee Matters Agreement (Equitrans Midstream Corp), Employee Matters Agreement (EQT Corp), Employee Matters Agreement (Equitrans Midstream Corp)

Plan Fiduciaries. For all periods at on and after the Effective TimeDistribution Date, the parties Parties agree that the applicable fiduciaries of each of the Parent 401(k) Plan and the SpinCo 401(k) PlanPlans, respectively, shall have the authority with respect to the Parent 401(k) Plan and the SpinCo 401(k) PlanPlans, respectively, to determine the investment alternatives, the terms and conditions with respect to those investment alternatives and such other matters as are within the scope of their duties under ERISA and the terms of the applicable plan documents.

Appears in 3 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Cars.com Inc.), Employee Matters Agreement (Cars.com Inc.)

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Plan Fiduciaries. For all periods at and after the Effective Time, the parties agree that the applicable fiduciaries of each of the Parent 401(k) Plan and the SpinCo 401(k) PlanPlans, respectively, shall have the authority with respect to the Parent 401(k) Plan Plans and the SpinCo 401(k) Plan, respectively, to determine the investment alternatives, the terms and conditions with respect to those investment alternatives and such other matters as are within the scope of their duties under ERISA and the terms of the applicable plan documents.

Appears in 2 contracts

Samples: Employee Matters Agreement (Embecta Corp.), Employee Matters Agreement (Embecta Corp.)

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