Plan Sponsor Clause Samples
The "Plan Sponsor" clause defines the entity responsible for establishing, maintaining, and administering an employee benefit plan. Typically, this is the employer or organization that sets up the plan and makes key decisions regarding its operation, such as selecting plan features, managing contributions, and ensuring compliance with applicable laws. By clearly identifying the plan sponsor, this clause allocates legal and administrative responsibility, ensuring there is a designated party accountable for the plan’s management and regulatory obligations.
Plan Sponsor. The Employer who adopts this Prototype Defined Contribution Plan and accompanying Adoption Agreement.
Plan Sponsor. The term "Plan Sponsor" means the employer that establishes or maintains a qualified retirement plan for its employees.
Plan Sponsor. The term "Plan Sponsor" means the employer that offers a 403(b) Plan to its employees.
Plan Sponsor. SOUTHERN SCRIPTS shall ensure that it maintains contractual arrangement with Plan Sponsors that provides for reimbursement to pharmacies consistent with the terms of this Agreement. SOUTHERN SCRIPTS represents that it has conducted due diligence regarding the financial ability of each Plan Sponsor to fulfill its payment obligations.
Plan Sponsor. Agrees that upon acceptance of this agreement by GBS, the employee benefit plans proposed by GBS and selected by the Plan Sponsor (Employer) under the Plan Selections sections of this agreement shall be adopted by the Employer and will be the basis for the administration of the Employer’s employee benefit plan for the 12 month period beginning on the implementation or renewal date of this contract.
Plan Sponsor. The Plan Sponsor has sole responsibility for the establishment and maintenance of the Plan. The Plan Sponsor through its Board shall have the power and authority to appoint the Plan Administrator, Trustee and any other professionals as may be required for the administration of the Plan. The Plan Sponsor shall also have the right to remove any individual or party appointed to perform administrative, investment, fiduciary or other functions under the Plan. The Plan Sponsor may delegate any of its powers to the Plan Administrator, Board member or a committee of the Board.
Plan Sponsor. Tulsa County
Plan Sponsor. Plan Sponsor represents that it is the fiduciary representative of the Plan with the authority to execute this Agreement on behalf of the Plan. Plan Sponsor, by itself and on behalf of the Plan, represents and acknowledges that it has received and read AAG’s Form ADV Part II (or equivalent), consistent with Rule 204-3 of the Advisers Act.
Plan Sponsor. The corporation or business entity identified in Section I of the Adoption Agreement, including any successor to such corporation or business that assumes the obligations of such corporation or business. The term Plan Sponsor shall also include, where appropriate, any entity affiliated with the Plan Sponsor which adopts the Plan with the consent of the Plan Sponsor and is listed on Exhibit A attached to the Adoption Agreement. Only the Plan Sponsor identified in Section I of the Adoption Agreement shall have the power to amend this Plan, appoint the Plan Administrator, or exercise any of the powers described in Section 8.3 hereof.
Plan Sponsor. The name(s) and address(es) of the Plan Sponsor(s) are: [ MUNICIPAL FUND FOR TEMPORARY INVESTMENT BELLEVUE PARK CORPORATE CENTER 400 ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ]