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INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION (ICMA-RC) (CITY MANAGER) 1g -2011
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INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION (ICMA-RC) (CITY MANAGER) 1g -2011
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Last modified
10/31/2016 5:10:00 PM
Creation date
9/13/2016 3:03:20 PM
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Contracts
Company Name
INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION (ICMA-RC) (CITY MANAGER)
Contract #
A-2011-258-04
Agency
PERSONNEL SERVICES
Expiration Date
11/27/2016
Insurance Exp Date
8/1/2017
Destruction Year
2022
Notes
A-2011-258; 01, 02, 03, A-2015-022, 023, A-2015-023-01
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compensation, custodial fees and expenses of the Trustee shall be paid from <br />the Trust, except to the extent that Plan Fiduciaries have arranged for <br />payment from other sources, Notwithstanding the foregoing, the Trust shall <br />pay or bear any fees charged to any pooled investment fund or other entity in <br />which the Trust may have invested, to the extent permitted by applicable <br />law, If the Trust purchases shares of mutual funds or other collective <br />investment trusts with respect to which the Trustee or any Affiliate may <br />receive additional compensation, the Trustee will comply as necessary with <br />the terms of applicable law, <br />6.04 Trustee's Authority. No person dealing with the Trustee shall be tinder any <br />obligation to inquire regarding the authority of the Trustee, the validity or <br />propriety of any transaction, or the application of a payment made to the <br />Trustee, <br />6.05 Reliance an Experts and Others, The Trustee shall be, in the performance <br />of its duties and to the extent permitted by applicable law, fully indemnified, <br />protected and field harmless by the Trust in relying in good faith upon the <br />books of account or other records of the Trust, or upon reports inade to the <br />Trustee by (a) the custodians, depositories, pricing agents, or transfer agents <br />of the Trust, or (b) any Investment advisers, accountants, or attorneys of the <br />Trustee. Officers, employees, and agents of the Trustee may 'take advice of <br />counsel with respect to the meaning and operation of this Declaration of <br />Trust, the Investment Guidelines, or a Description of Classes, and shall be <br />under no liability for any act or emission in accordance with such advice or <br />for failing to follow such advice, except as provided by law. The exercise by <br />the Trustee of its powers and discretion hereunder and the Interpretation in <br />good faith by the Trustee of the meaning or effect of any provisions of this <br />Declaration of Trust, the Investment Guidelines, or a Description of Classes <br />shall be binding upon everyone interested, <br />6,06 Reliance on Communications. The Trustee shall be, to the extent permitted <br />by applicable law, fully indemnified, protected and held harmless by the <br />Trust In acting upon any instrument, certificate, or document believed by it <br />to be genuine and to be signed or presented by the proper person or persons, <br />The Trustee shall have no duty to snake an investigation or inquiry as to any <br />statement contained in any such writing, but may accept the same as <br />conclusive evidence of the truth and accuracy of the statements therein <br />contained. <br />6.07 Action by Trustee. The Trustee may exercise its rights and powers and <br />perform its duties hereunder through such of its officers and employees as <br />DB 1/ 90624185.9 - 21 - <br />
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