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8F Consent 2009 0518
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8F Consent 2009 0518
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5/15/2009 10:48:02 AM
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5/15/2009 10:48:00 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
5/18/2009
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_CC Agenda 2009 0518
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2009\Packet 2009 0518
Reso 2009-067
(Reference)
Path:
\City Clerk\City Council\Resolutions\2009
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(including the employment of counsel, who shall be counsel reasonably <br />satisfactory to such indemnitee) and the payment of expenses, insofar as such <br />action shall relate to any alleged liability in respect of which indemnity may be <br />sought against the indemnifying party. Any indemnified party shall have the right <br />to employ separate counsel in any such action and to participate in the defense <br />thereof, but the fees and expenses of such counsel shall not be at the expense of <br />the indemnifying party unless (i) the employment of such counsel has been <br />specifically authorized by the indemnifying party or (ii) the named parties to any <br />such action (including any impleaded parties) include both the indemnifying party <br />and the indemnified party and representation of both parties by the same counsel <br />would be inappropriate due to actual or potential differing interest between them. <br />The indemnifying party shall not be liable to indemnify any person for any <br />settlement of any such action effected without the indemnifying party's consent. <br />The indemnification procedures of this Trust Agreement shall survive the <br />termination of the Trust, any Employer's participation in the Trust and/or this <br />Trust Agreement. <br />6.9 No Joint and Several Liability <br />This document is not intended to and does not create any joint powers agreement <br />or any joint and several liability. No Employer shall be responsible for any <br />contributions, costs or distributions of any other Employer. <br />ARTICLE VII <br />AMENDMENT, TERMINATION AND MERGER <br />7.1 No Obligation to Continue Trust <br />Participation in the Trust and continuation of the Employer's policies and/or <br />applicable collective bargaining agreements that provide post-employment health <br />care and welfare benefits are not assumed as a contractual obligation of the <br />Employer. <br />7.2 Amendment of Trust <br />(a) The Trust Agreement may be amended only by the approval oftwo-thirds <br />(2/3) or more of the Employers then participating in the Trust. Any such <br />amendment by the Employers shall be set forth in an instrument in writing and <br />shall be delivered to the Trustee, the Trust Administrator and all Plan <br />Administrators not less than one hundred and eighty (180) days before the <br />effective date of such amendment; provided, however, that any party may waive <br />in writing such 180-day requirement with respect to any amendment (and such <br />waiver shall not constitute a waiver with respect to any other amendment); and <br />provided, further, that a waiver in writing of such 180-day requirement by two- <br />thirds (2/3) or more of the Plan Administrators of the Employers participating in <br />the Trust as of the date the amendment is adopted shall constitute a waiver of such <br />19 <br />NB1:657192.8 <br />
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