AgdaPkt 2002-12-09 - Laserfiche WebLink

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� -�2 . A used for or diverted to any other pucpose. . No-party shaU have authority to use or divert such Plan's Assets for the payment of benefits or expenses of any other Member Agency's Pian. � � __ ,:�, .. . .. . .. _. . 5.16 Delegation of Duties - - � - � -- - The Plan Administrator, Delegatee, or Trust Administrator, may at any time retain the Trustee as its agent to perform any act, keep any records or accounts and make any computations that are required of the Plan Administrator, Delegatee or Trust Administrator by this �'rust Agreement or by the Plan. The Trustee may be compensated for such retention and such retention shall not be deemed to be contrary to this Trust Agreement. 5.17 Distributions All benefits payable pursuant to the Plarr-shall be paid out of the Assets of the � Agency Trust by the Trustee pursuant to the direction of the Plan Administrator or Delegatee. The Trustee shall, from time to time, upon the written direction of the Plan Administrator or Delegatee, make distributions from the Assets of the Agency Trust to or for the benefit of such persons, in such manner in such form(s), in such amounts and for such purposes as may be specified in such directions. The Trustee at the direction of the Plan Administrator or Delegatee � may make any distribution required to be mad� by it hereunder by delivering to the Plan Administrator or Delegatee: Its check payable to the person to whom such distribution is to be made, for delivery to such person; or Its check payable to an insurer for the benefit of such person, for delivery by such insurer; or insurance contracts hetd on the life of the Participant to whom or with . respect to whom the distribution is being made, for redelivery to the person to whom such distribution is to be made; provided that any contract distributed shall be endorsed as non-transferable. In directing the Trustee to make distributions, the Plan Administrator or Delegatee shall follow the provisions of the Plan and shall not direct that any distribution be made either during the existence or upon discontinuance of the Plan, which would cause any part of the Assets of the Agency Trust to be used for or diverted to purposes other than as provided in the Plan and this PARS Trust. In no event shall the Trustee have any responsibility respecting the application of such distributions, nor for determining or inquiring into whether such distributions are in accordance with the Plan. 23 2567_12 PEL