Return of Amounts to the Participant or the Employer. The Custodian will return Contributions to the Participant or the Employer if the Program Sponsor, Employer or TPA provides an Instruction to the Custodian to do so. The Employer, as well as the Program Sponsor or TPA for the Plan are solely responsible for ensuring that any Instruction to return any amount to the Participant or the Employer meets all applicable legal requirements. The Custodian has no duty or responsibility to question, and may conclusively rely upon, any such Instruction.
Appears in 4 contracts
Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement
