Plan Sponsors Performance of Plan Administration Functions Sample Clauses

Plan Sponsors Performance of Plan Administration Functions. Business Associate will disclose PHI to the Plan Sponsor in accordance with the provisions of this Section 6. a. All disclosures of PHI from Business Associate pursuant to this Agreement shall be made to the Plan, except for disclosures related to enrollment or disenrollment in the Plan, which may be disclosed to the Plan Sponsor. b. Business Associate is authorized to provide Summary Health Information regarding participants in the Plan to the Plan Sponsor, upon request, for the purpose of (1) obtaining premium bids for providing health insurance coverage for the Plan, or (2) modifying, amending, or terminating the Plan. c. Business Associate will disclose PHI to Plan Sponsor, provided: i. Plan Sponsor provides written certification that the Plan has been amended to incorporate the provisions of 45 C.F.R. §164.504(f)(2) and agrees to comply with these requirements; and ii. the Plan authorizes Business Associate, in writing, to disclose PHI to Plan Sponsor for certain plan administration functions. Business Associate may rely on Plan Sponsor’s certification and the Plan’s written authorization and will have no obligation to verify (1) that the Plan document has been amended to comply with the requirements of 45 C.F.R. §164.504(f)(2) or this Agreement or (2) that the Plan Sponsor is complying the Plan document, as amended. d. Prior to furnishing Business Associate with the Plan Sponsor’s certification (described in (c) above), the Plan will ensure that (1) the Plan document has been amended to establish the uses and disclosures of PHI consistent with the requirements of 45 C.F.R. Part 164 that Plan Sponsor will be permitted and required to make for purposes of plan administration, and (2) the Plan Sponsor agrees to comply with the requirements of 45 C.F.R. §164.504(f)(2).
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Plan Sponsors Performance of Plan Administration Functions 

Related to Plan Sponsors Performance of Plan Administration Functions

  • Stock Plan Administration Service Providers The Company transfers participant data to Xxxxxx Xxxxxxx, an independent service provider based in the United States, which assists the Company with the implementation, administration and management of the Plan. In the future, the Company may select a different service provider and share the Participant’s data with another company that serves in a similar manner. The Company’s service provider will open an account for the Participant to receive and trade Shares. The Participant will be asked to agree on separate terms and data processing practices with the service provider, which is a condition to the Participant’s ability to participate in the Plan.

  • Plan Administration AvMed may from time to time adopt reasonable policies, procedures, rules and interpretations to promote the orderly and efficient administration of this Contract.

  • Stock Plan Administration Service Provider The Company transfers the Optionee's Personal Information to Fidelity Stock Plan Services LLC, an independent service provider based in the United States, which assists the Company with the implementation, administration and management of the Plan (the “Stock Plan Administrator”). In the future, the Company may select a different Stock Plan Administrator and share the Optionee's Personal Information with another company that serves in a similar manner. The Stock Plan Administrator will open an account for the Optionee to receive and trade Shares acquired under the Plan. The Optionee will be asked to agree on separate terms and data processing practices with the Stock Plan Administrator, which is a condition to the Optionee’s ability to participate in the Plan.

  • Plan Administrator Duties The Plan Administrator shall administer this Agreement according to its express terms 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 this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.

  • Timing of Plan Administrator Response The Plan Administrator shall respond in writing to such claimant within 60 days after receiving the request for review. If the Plan Administrator determines that special circumstances require additional time for processing the claim, the Plan Administrator can extend the response period by an additional 60 days by notifying the claimant in writing, prior to the end of the initial 60-day period, that an additional period is required. The notice of extension must set forth the special circumstances and the date by which the Plan Administrator expects to render its decision.

  • Program Administration An activity relating to the general management, oversight and coordination of community development programs. Costs directly related to carrying out eligible activities are not included.

  • Files Management and Record Retention relating to Grantee and Administration of this Agreement a. The Grantee shall maintain books, records, and documents in accordance with generally accepted accounting procedures and practices which sufficiently and properly reflect all expenditures of funds provided by Florida Housing under this Agreement. b. Contents of the Files: Grantee must maintain files containing documentation to verify all funds awarded to Grantee in connection with this Agreement, as well as reports, records, documents, papers, letters, computer files, or other material received, generated, maintained or filed by Grantee in connection with this Agreement. Grantee must also keep files, records, computer files, and reports that reflect any compensation it receives or will receive in connection with this Agreement.

  • Administration of Plan The Plan is administered by the Committee appointed by the Company’s Board of Directors. The Committee has the authority to construe and interpret the Plan, to make rules of general application relating to the Plan, to amend outstanding awards pursuant to the Plan, and to require of any person receiving an award, at the time of such receipt or lapse of restrictions, the execution of any paper or the making of any representation or the giving of any commitment that the Committee shall, in its discretion, deem necessary or advisable by reason of the securities laws of the United States or any State, or the execution of any paper or the payment of any sum of money in respect of taxes or the undertaking to pay or have paid any such sum that the Committee shall in its discretion, deem necessary by reason of the Internal Revenue Code or any rule or regulation thereunder, or by reason of the tax laws of any State.

  • Indemnity of Plan Administrator The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

  • Claims Administration An employee will be required to comply with any and all rules and regulations and/or limitations established by the carrier or applicable third party administrator and contained in the policy, and employees and their dependents shall look solely to such carrier or third party administration for the adjudication of the payment of any and all benefits claims.

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