Plan Administration Committee definition

Plan Administration Committee or "Committee" means such person or persons appointed under the provisions of Section 6 to administer and interpret the terms of the Plan.

Plan Administration Committee means the Plan Administration Committee appointed by the Board or by the Compensation & Benefits Committee.

Plan Administration Committee means the committee established for the purposes of administering the Plan as provided in Article 5.

Examples of Plan Administration Committee in a sentence

• The Trustees shall not be liable for the acts or omissions of any Investment Manager or Managers the Plan Administration Committee may appoint, nor shall the Trustees be under any obligation to invest or otherwise manage any asset of the Plan which is subject to the management of a properly appointed Investment Manager.

• The Plan Administration Committee, the Trustees and any properly appointed Investment Manager may execute a letter agreement as a part of this Plan delineating the duties, responsibilities and liabilities of the Investment Manager with respect to any part of the Trust Fund under the control of the Investment Manager.

• The Plan Administration Committee may elect to substitute a weighting period other than months for purposes of this weighted average allocation.

• The liability of the Plan Administration Committee and the Trustees to make any payment from the Trust Fund at any time and all times is limited to the then available assets of the Trust.

• A Participant’s interest in the Trust Fund is not an interest in any specific assets of the Trust Fund, but rather a right to receive his or her Nonforfeitable interest, as determined by the Plan Administration Committee, in cash or in kind from the Trustee at the time and in the manner described in this Article 5.

More Definitions of Plan Administration Committee

Plan Administration Committee means the Company’s Chief Executive Officer, Chief Financial Officer, and Vice President of Human Resources.

Plan Administration Committee means that Committee comprised of members of the Board that may be appointed by the Board to administer and interpret this Plan within the meaning of section 4.02 of this Plan.

Plan Administration Committee means the Administrative Committee as from time to time constituted pursuant to the terms of Article 9.

Plan Administration Committee means the three-member committee appointed pursuant to the Plan Administration Agreement to consult with and advise the Plan Administrator.

Plan Administration Committee means a Committee of Insiders designated by the Board to oversee the Plan (as specified in Article III).

Plan Administration Committee means the Committee described in Section 11.3 appointed by the Vice President – Human Resources of the Employer (and any successor to that title or position).

Plan Administration Committee means the Plan Administration Committee appointed by the Board of Directors of the Company.