Common use of Relationship of Fiduciaries Clause in Contracts

Relationship of Fiduciaries. Each fiduciary of the Plan and the Trust shall be solely responsible for its own acts or omissions. The Trustee shall have no duty to question any other Plan fiduciary's performance of fiduciary duties allocated to such other fiduciary pursuant to the Plan. The Trustee shall not be responsible for the breach of responsibility by any other Plan fiduciary except as required under ERISA.

Appears in 4 contracts

Samples: Trust Agreement (Skytel Communications Inc), Trust Agreement (Pennzoil Quaker State Co), Trust Agreement (Ethyl Corp)

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Relationship of Fiduciaries. Each fiduciary of the Plan and the this Trust shall be solely responsible for its own acts or omissions. The Trustee shall have no duty to question any other Plan fiduciary's performance of fiduciary duties allocated to such other fiduciary pursuant to the Plan. The Trustee shall not be responsible for the breach of responsibility by any other Plan fiduciary except as required under provided for in ERISA.

Appears in 2 contracts

Samples: Trust Agreement (Wendt Bristol Health Services Corp), Trust Agreement (Omnicom Group Inc)

Relationship of Fiduciaries. Each fiduciary of the Plan and the Trust shall be solely responsible for its own acts or omissions. The Trustee shall have no duty to question any other Plan fiduciary's performance of fiduciary duties allocated to such other fiduciary pursuant to the Plan. The Trustee shall not be responsible for the breach of responsibility by any other Plan fiduciary except as required under ERISAERISA or other applicable law.

Appears in 1 contract

Samples: Trust Agreement (Alltel Corp)

Relationship of Fiduciaries. Each fiduciary of the Plan and the this Trust shall be solely responsible for its own acts or omissions. The Trustee shall have no duty to question any other Plan fiduciary's performance of fiduciary duties allocated to such other fiduciary pursuant to the Plan. The Trustee shall not be responsible for the breach of responsibility by any other one Plan fiduciary except as required under provided for in ERISA.

Appears in 1 contract

Samples: Trust Agreement (Family Dollar Stores Inc)

Relationship of Fiduciaries. Each fiduciary of the Plan and the this Trust shall be solely responsible for its own acts or omissionsom1ss1ons. The Trustee shall have no duty to question any other Plan fiduciary's ’s performance of fiduciary duties allocated to such other fiduciary pursuant to the PlanPlan or this Trust Agreement. The Trustee shall not be responsible for the a breach of responsibility by any other Plan fiduciary except as required under provided for in ERISA.

Appears in 1 contract

Samples: Trust Agreement (Unitil Corp)

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Relationship of Fiduciaries. Each fiduciary of the Plan and the this Trust shall be solely responsible for its own acts or omissions. The Trustee shall have no duty to question any other Plan fiduciary's ’s performance of fiduciary duties allocated to such other fiduciary pursuant to the PlanPlan or this Trust Agreement. The Trustee shall not be responsible for the a breach of responsibility by any other Plan fiduciary except as required under provided for in ERISA.

Appears in 1 contract

Samples: Trust Agreement (Unitil Corp)

Relationship of Fiduciaries. Each fiduciary of the Plan and the Trust shall be solely responsible for its own acts or omissions, except as provided in applicable law. The Trustee shall have no duty to question any other Plan fiduciary's ’s performance of fiduciary duties allocated to such other fiduciary pursuant to the Plan. The Trustee shall not be responsible for the breach of responsibility by any other Plan fiduciary except as required under ERISAapplicable law.

Appears in 1 contract

Samples: Trust Agreement (Mohegan Tribal Gaming Authority)

Relationship of Fiduciaries. Each fiduciary of the Plan and the Trust shall be solely responsible for its own acts or omissions. The Trustee shall have no duty to question any other Plan fiduciary's performance of fiduciary duties allocated to such other fiduciary pursuant to the Plan. The Trustee shall not be responsible for the breach of responsibility by any other Plan fiduciary except as required under provided for in ERISA.

Appears in 1 contract

Samples: Trust Agreement (Southern Co)

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