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Agmt 2004 Hartford Life Insurance Company
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Agmt 2004 Hartford Life Insurance Company
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Last modified
8/12/2009 10:38:08 AM
Creation date
8/7/2009 12:37:31 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
3/18/2004
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PERM
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Reso 2004-029
(Approved by)
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\City Clerk\City Council\Resolutions\2004
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7.6 In the management of the Trust Fund, the Trustee may employ agents and <br />delegate to them such ministerial and administrative duties as the Trustee shall see fit. As of the <br />effective date of the Trust Agreement, the Trustee has appointed Hartford Life Insurance <br />Company ("The Hartford") as the agent to which it has delegated certain nondiscretionary <br />administrative and ministerial duties. The Trustee and the Employer understand and agree that <br />nothing in this Agreement, including the delegation of such nondiscretionary duties to The <br />Hartford, shall cause The Hartford to be a fiduciary to the Plan. Also, as of the effective date of <br />the Trust Agreement, the Trustee appoints the Employer as its authorized representative to which <br />it has delegated the authority to sign on the Trustee's behalf all documents relating to the <br />investment of Plan assets in any vehicle sponsored by or made available through The Hartford <br />and its affiliates. <br />ARTICLE VIII <br />AMENDMENT AND TERMII~iATION <br />8.1 The Employer reserves the right to alter, amend, or terminate this Trust <br />Agreement at any time for any reason without the consent of the Trustee, or any other person, <br />provided that such amendment or termination shall not reduce or eliminate any protected benefit <br />and provided that no amendment affecting the rights, duties, or responsibilities of the Trustee shall <br />be adopted without the written consent of the Trustee. Any such amendment shall become effective <br />as of the date provided in the amendment upon delivery of the written instrument of amendment, as <br />adopted by the Employer, to the Trustee and the endorsement of the Trustee of its agreement <br />thereto. <br />ARTICLE IX <br />SUCCESSOR TRUSTEES <br />9.1 The Employer reserves the right to discharge the Trustee at any time by <br />giving sixty (60) days' written notice, <br />_g_ <br />asp dens (xav. i Boa) <br />
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