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Agmt95 First Interstate Bank
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Agmt95 First Interstate Bank
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Last modified
7/5/2005 2:29:52 PM
Creation date
11/8/2004 10:19:20 AM
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Template:
Agreement
Contractor Name
First Interstate Bank
PROJECT NAME
deferred compensation
RMP File Number
304
Date
1/31/1995
Reso Ref
12393
Box
5860
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<br /> 3. FICAL will hold and keep as custodian the FUNDS transferred to it hereunder and will <br /> discharge its obligations in accordance with the terms of this Agreement. <br /> 4. FICAL shall transfer FUNDS to other CLIENT sponsored Deferred Compensation <br /> Providers only when authorized in writing by CLIENT, <br />II. SERVICES <br /> 1. FICAL shall provide the following services to CLIENT: <br /> a. All necessary recordkeeping and administrative functions resulting from <br /> investments in the Interstate 457 service. <br /> b. Quarterly statements to participants in the Interstate 457 service, as well as a <br /> cumulative monthly report to CLIENT. <br /> c, Assistance in implementing the Interstate 457 service by conducting informational <br /> meetings for CLIENT and PLAN participants. Such meetings will be conducted <br /> by FlCAL's representatives. <br /> d, Guidance to the CLIENT in the CLIENT's preparation of forms related to the <br /> PLAN. It is understood and agreed that FICAL shall not bear the cost of printing <br /> or distribution of forms related to the PLAN, except as provided below. <br /> e. Preparation of materials describing FICAL investment options, subject to CLIENT <br /> approval. It is understood and agreed that FICAL will bear the cost of printing <br /> such materials in amounts reasonably required by the CLIENT. <br /> f. Preparation of a FICAL Participation Agreement, Distribution Request and <br /> Deferral of Distribution Request forms for those CLIENT employees who elect the <br /> FICAL investment option under the PLAN. It is understood and agreed that <br /> FICAL will bear the cost of printing such FICAL forms in amounts reasonably <br /> required by the CLIENT. <br /> g. Report pertinent information to outside agencies, as now or later may be <br /> reasonably required, and furnish information regarding the PLAN to CLIENT for <br /> its records and accounting, as now or later may be reasonably required. <br /> h. FICAL may provide CLIENT participants with a standard communications <br /> package, to be more fully dermed in writing by FICAL, at FICAL's sole <br /> discretion. <br /> 1. FICAL shall provide a "Voice Module" to facilitate participant inquiries, account <br /> balances, redirect funds, and general program information. <br /> 2 <br /> '.. <br />
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