Common use of POWERS AND RESPONSIBILITIES OF THE EMPLOYER Clause in Contracts

POWERS AND RESPONSIBILITIES OF THE EMPLOYER. (a) The Employer shall be empowered to appoint and remove the Trustee and the Administrator from time to time as it deems necessary for the proper administration of the Plan to assure that the Plan is being operated for the exclusive benefit of the Participants and their Beneficiaries in accordance with the terms of the Plan, the Code, and the Act.

POWERS AND RESPONSIBILITIES OF THE EMPLOYER. (a) The Principal Employer shall be empowered to appoint and remove the Trustee and the Administrator from time to time as it deems necessary for the proper administration of the Plan to assure that the Plan is being operated for the exclusive benefit of the Participants and their Beneficiaries in accordance with the terms of the Plan, the Code, and the Act.

POWERS AND RESPONSIBILITIES OF THE EMPLOYER. (a) Appointment and Removal of Trustee and Administrator. The Employer shall be empowered to appoint and remove the Trustee and the Administrator from time to time as it deems necessary for the proper administration of the Plan to assure that the Plan is being operated for the exclusive benefit of the Participants and their Beneficiaries in accordance with the terms of the Plan, the Code, and the Act.

POWERS AND RESPONSIBILITIES OF THE EMPLOYER. (a) The Employer shall be empowered to appoint and remove the Trustee Insurer (or Trustee, if applicable), and the Administrator from time to time as it deems necessary for the proper administration of the Plan to assure that the Plan is being operated for the exclusive benefit of the Participants and their Beneficiaries in accordance with the terms of the Plan, Plan and the Code, and the Act.