Common use of STANDARD OF FIDUCIARY CONDUCT Clause in Contracts

STANDARD OF FIDUCIARY CONDUCT. The Employer, Plan Administrator, Trustee and any other fiduciary under this Plan shall discharge their duties with respect to this Plan solely in the interests of Participants and their Beneficiaries and with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent man acting in like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims. No fiduciary shall cause the Plan to engage in any transaction known as a "prohibited transaction" under ERISA.

Appears in 15 contracts

Samples: Exhibit 99 (Peabody Energy Corp), Participation Agreement (Miami Computer Supply Corp), Qualified Retirement Plan and Trust (Edelbrock Corp)

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STANDARD OF FIDUCIARY CONDUCT. The Employer, Plan Administrator, Trustee and any other Other fiduciary under this Plan shall discharge their duties with respect to this Plan solely in the interests of Participants and their Beneficiaries and with the care, skill, prudence and diligence under the circumstances circutnstances then prevailing that a prudent man acting in like capacity and familiar firniliar with such matters would use in the conduct of an enterprise of a like character claaracter and with like aims. No fiduciary shall cause the Plan to engage in any transaction known as a "prohibited transaction" under ERISA.

Appears in 1 contract

Samples: Weststar Financial Services Corp

STANDARD OF FIDUCIARY CONDUCT. The Employer, Plan Administrator, Trustee and any other fiduciary under this Plan shall discharge their duties with respect to this Plan solely in the interests of Participants and their Beneficiaries and with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent man acting in like capacity and familiar with such matters would use in the conduct of an all enterprise of a like character and with like aims. No fiduciary shall cause the Plan to engage in any transaction known as a "prohibited transaction" under ERISA.

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Connecticut Water Service Inc / Ct)

STANDARD OF FIDUCIARY CONDUCT. The Employer, Plan Administrator, Trustee and any other fiduciary under this Plan shall discharge their duties with respect to this Plan solely in the interests of Participants and their Beneficiaries and with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent man acting in like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims. No fiduciary shall cause the Plan to engage in any transaction known as a "prohibited transaction" under ERISA.. 33 ================================================================================ 29

Appears in 1 contract

Samples: Qualified Retirement Plan And (Meritage Hospitality Group Inc /Mi/)

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STANDARD OF FIDUCIARY CONDUCT. The Employer, Plan Administrator, Trustee and any other fiduciary Fiduciary under this Plan shall discharge their duties with respect to this Plan solely in the interests of Participants and their Beneficiaries Beneficiaries, and with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent man acting in like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims. No fiduciary Fiduciary shall cause the Plan to engage in any transaction known as a "prohibited transaction" under either the Code or ERISA.

Appears in 1 contract

Samples: Merchants & Manufacturers Bancorporation Inc

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