Common use of DIRECTIONS BY OTHERS Clause in Contracts

DIRECTIONS BY OTHERS. The Trustees will not be answerable for any action taken pursuant to any direction, consent, certificate, or other paper or document on the belief that the same is genuine and signed by the proper person. All directions by the Employer, a Participant or the Plan Administrator will be in writing. The Plan Administrator will deliver to the Trustees certificates evidencing the individual or individuals authorized to act as the Administrator and will deliver to the Trustees specimens of their signatures.

Appears in 2 contracts

Sources: Employee Stock Ownership Plan & Trust (Picis Inc), Employee Stock Ownership Plan & Trust (Picis Inc)

DIRECTIONS BY OTHERS. The Trustees Trustee will not be answerable for any action taken pursuant to any direction, consent, certificate, or other paper or document on the belief that the same is genuine and signed by the proper person. All directions by the Employer, a Participant or the Plan Administrator will be in writing. The Plan Administrator will deliver to the Trustees Trustee certificates evidencing the individual or individuals authorized to act as the Administrator and will deliver to the Trustees Trustee specimens of their signatures.

Appears in 1 contract

Sources: 401(k) Plan Agreement (Provident Bancorp Inc/Ny/)