Common use of SUCCESSOR RECORDKEEPER Clause in Contracts

SUCCESSOR RECORDKEEPER. Upon termination, the parties agree that Prudential shall have no further duty or responsibility to the Plan under this Agreement. However, Prudential will use reasonable efforts to transfer all relevant non-Prudential proprietary information concerning the Plan, in Prudential's standard format, to the Employer or to a successor recordkeeper. Any unforeseeable costs or expenses incurred by Prudential in effecting this transfer shall be paid by the Employer unless waived in writing by Prudential. The Employer agrees that Prudential may charge reasonable fees for the provision of requested records or reports that Prudential previously provided.

SUCCESSOR RECORDKEEPER. Upon termination, the parties agree that Prudential shall have no further duty or responsibility to the Plan under this Agreement. However, Prudential will use reasonable efforts to transfer all relevant non-Prudential proprietary information concerning the Plan, in Prudential's standard format, to the Employer or to a successor recordkeeper. Any unforeseeable costs or expenses incurred by Prudential in effecting this transfer shall be paid by the Employer unless waived in writing by Prudential. The Employer agrees that Prudential may charge reasonable fees for the provision of requested records or reports that Prudential previously provided.

SUCCESSOR RECORDKEEPER. Upon termination, the parties agree that Prudential shall have no further duty or responsibility to the Plan under this Agreement. However, Prudential will use reasonable efforts to transfer all relevant non-Prudential proprietary information concerning the Plan, in Prudential's standard format, to the Employer Employer, Third Party Administrator, or to a successor recordkeeper. Any unforeseeable costs or expenses incurred by Prudential in effecting this transfer shall be paid by the Employer unless waived in writing by Prudential. The Employer agrees that Prudential may charge reasonable fees for the provision of requested records or reports that Prudential previously provided.