My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
FULL PACKET_2010-12-20
Clerk
>
Agenda Packets / Staff Reports
>
City Council (2004 - Present)
>
2010
>
12/20/2010
>
FULL PACKET_2010-12-20
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/3/2012 3:56:09 PM
Creation date
12/17/2010 11:58:46 AM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Date
12/20/2010
Destruction Year
2015
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
214
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br /> <br /> <br /> <br /> <br /> Plan number 306741 <br /> <br /> 2. Adoption of Trust <br /> <br /> Employer has adopted the Declaration of Trust of VantageTrust and agrees to the <br /> commingled investment of assets of the Plan within the Trust. Employer agrees that <br /> operation of the Plan and the investment, management, and distribution of amounts <br /> deposited in the Trust shall be subject to the Declaration of Trust, as it may be amended <br /> from time to time and shall also be subject to terms and conditions set forth in disclosure <br /> documents (such as the Retirement Investment Guide or Employer Bulletins) as those <br /> terms and conditions may be adjusted from time to time. It is understood that the term <br /> "Employer Trust" as it is used in the Declaration of Trust shall mean this Administrative <br /> Services Agreement. <br /> 3. Exclusivity Agreement <br /> <br /> Employer agrees that for the initial or succeeding term of this Agreement specified in <br /> Section 10, so long as ICMA-RC continues to perform in all material respects the <br /> services to be performed by it under this Agreement. Employer shall not obtain plan <br /> administration for the 457 Deferred Compensation from any other provider than ICMA- <br /> RC. Employer acknowledges that ICMA-RC has agreed to the compensation to be paid <br /> to ICMA-RC under this Agreement in the expectation that ICMA-RC will be able to <br /> offset costs allocable to performing this Agreement with revenues arising from <br /> Employer's exclusive use of ICMA-RC at the rates provided herein throughout the initial <br /> or succeeding term. <br /> 4. Employer Duty to Furnish Information <br /> <br /> Employer agrees to furnish to ICMA-RC on a timely basis such information as is <br /> necessary for ICMA-RC to carry out its responsibilities as Administrator of the Plan, <br /> including information needed to allocate individual participant accounts to Funds in the <br /> Trust, and information as to the employment status of participants, and participant ages, <br /> addresses, and other identifying information (including tax identification numbers). <br /> ICMA-RC shall be entitled to rely upon the accuracy of any information that is furnished <br /> to it by a designee of the Employer or any information relating to an individual <br /> participant or beneficiary that is furnished by such participant or beneficiary, and ICMA- <br /> RC shall not be responsible for any error arising from its reliance on such information. <br /> ICMA-RC will provide account information in reports, statements or accountings. <br /> Employer is required to send in contributions through EZLink, the online plan <br /> administration tool provided by ICMA-RC. Alternative electronic methods may be <br /> allowed, but must be approved by ICMA-RC for use. Contributions may not be sent <br /> through paper submittal documents. <br /> <br /> 5. Certain Representations and Warranties <br /> <br /> ICMA-RC represents and warrants to Employer that: <br /> <br /> <br /> <br /> 3 <br /> <br /> 25A-5 <br />
The URL can be used to link to this page
Your browser does not support the video tag.