Common use of Rights of Trustee as to Contributions Clause in Contracts

Rights of Trustee as to Contributions. The Trustee shall have no duty to report any contribution to be made or to determine whether contributions delivered to the Trustee by the Employer comply with the provisions of this Agreement. The Trustee shall be accountable only for funds actually received by the Trustee.

Appears in 4 contracts

Samples: Defined Contribution Plan and Trust (Capstone Pharmacy Services Inc), Adoption Agreement (Jones Medical Industries Inc /De/), Adoption Agreement (Southbanc Shares Inc)

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Rights of Trustee as to Contributions. The Trustee shall have no duty to report require any contribution to be made or to determine whether contributions delivered to the Trustee by the Employer comply with the provisions of this Agreement. The Trustee shall be accountable only for funds actually received by the Trustee.

Appears in 1 contract

Samples: 401(k) Plan (Floridian Financial Group Inc)

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