Responsibility For Contributions. The Trustee, the Sponsor or the Custodian shall not be required to determine if the Employer has made a contribution or if the amount contributed from its general assets is in accordance with the Code and the provisions elected in the Adoption Agreement. The Employer shall have sole responsibility in this regard. The Trustee shall be accountable solely for contributions actually received within the limits of Article X.
Appears in 8 contracts
Samples: Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.), Prototype Defined Contribution Plan (United Community Bancorp), Nonstandardized Adoption Agreement (Chicopee Bancorp, Inc.)
Responsibility For Contributions. The Trustee, the Sponsor or the Custodian Trustee shall not be required to determine if the Employer has made a contribution or if the amount contributed from its general assets is in accordance with the Code and Adoption Agreement or the provisions elected in the Adoption AgreementCode. The Employer shall have sole responsibility in this regard. The Trustee shall be accountable solely for contributions actually received by it, within the limits of Article X.XI.
Appears in 5 contracts
Samples: East West Bancorp Inc, Non Standardized Adoption Agreement (Princeton Review Inc), Adoption Agreement (Shared Technologies Cellular Inc)
Responsibility For Contributions. The Trustee, Neither the Trustee nor the Sponsor or the Custodian shall not be required to determine if the Employer has made a contribution or if the amount contributed from its general assets is in accordance with the Code and Adoption Agreement or the provisions elected in the Adoption AgreementCode. The Employer shall have sole responsibility in this regard. The Trustee shall be accountable solely for contributions actually received within the limits of Article X.by it.
Appears in 2 contracts
Samples: First Keystone Corp, First Keystone Corp
Responsibility For Contributions. The Neither the Trustee, /Custodian nor the Sponsor or the Custodian shall not be required to determine if the Employer has made a contribution or if the amount contributed from its general assets is in accordance with the Code and Adoption Agreement or the provisions elected in the Adoption AgreementCode. The Employer shall have sole responsibility in this regard. The Trustee Trustee/Custodian shall be accountable solely for contributions actually received by it, within the limits of Article X.XI.
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