Common use of POWERS AND DUTIES OF THE PLAN ADMINISTRATOR A Clause in Contracts

POWERS AND DUTIES OF THE PLAN ADMINISTRATOR A. The Plan Administrator may, by appointment, allocate the duties of the Plan Administrator among several individuals or entities. Such appointments shall not be effective until the party designated accepts such appointment in writing.

POWERS AND DUTIES OF THE PLAN ADMINISTRATOR A. The Plan Administrator may, by appointment, allocate the duties of the Plan Administrator among several individuals or entities. Such , but those appointments shall are not be effective until the designated party designated accepts such the appointment in writing. B. The Plan Administrator has the exclusive authority to control and manage the operation and administration of the Plan. The Plan Administrator must administer the Plan for the exclusive benefit of the Participants and their Beneficiaries in accordance with the specific terms of the Plan.