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24IPagc <br /> will be disbursed to an unallocated account under the Plan subject to the direction of the Company. Float <br /> earnings will accrue to the Custodian on funds received from the date of deposit until the date monies are <br /> disbursed in settlement or investment purchases or to the unallocated Plan account. <br /> b. Distributions. Funds received from the sales of investment will generally be disbursed, or if the Custodian <br /> has received reinvestment instructions, reinvested by the close of business on the business day following <br /> the funds availability. In the case of disbursements by check, the float period begins on the date the <br /> check is written and ends when the check is cleared by the bank on which the check is drawn. If a check is <br /> not presented within 75 days, the amount of the uncashed check will be returned to the participant's <br /> account and invested the qualified default investment alternative (QDIA) selected by the Company. If a <br /> wire transfer has been initiated, but not completed within 10 days, amounts being sent to the Plan will be <br /> returned to the sender and amounts be sent from the Plan will be returned to the account from which the <br /> funds were deducted. <br /> c. Rates and Estimated Float Amounts. The Company may monitor and compute the approximate amount <br /> of the float earnings received by the Custodian by reviewing the period account statement activity and <br /> participant distribution activity to determine the dates funds become available to the Custodian, dates of <br /> disbursement and dates of clearance of disbursement checks and wire transfers. Float earnings will <br /> generally be realized by the Custodian at money market rates in effect from time to time. <br /> I. Standard of Care <br /> The Custodian agrees to perform its duties under this Agreement with loyalty, reasonable care and to the best of <br /> its judgment and skills, and in compliance with all applicable laws. Nothing herein shall in any way constitute a <br /> waiver or limitation of any rights which the undersigned may have under the federal securities law. The <br /> Custodian shall not be liable for any damages with the respect to its duties under the Agreement, other than <br /> those resulting from the Custodian's breach of the Agreement. The Trustee shall defend with competent counsel, <br /> indemnify and hold the Custodian, its officers, employees, agents, successors and assigns harmless with respect to <br /> (a) acts or omissions to act with respect to the Plan or Trust by the Trustee, any investment manager, the <br /> Company or any of their delegates, (b) the Custodian's action or inaction in accordance with written instructions <br /> given by the Trustee or any authorized investment manager. <br /> Attachment C—Additional Services and Fees <br /> Additional Services and Fees <br /> BPAS shall provide the following additional administrative services for the Plan Administrator, at the hourly rates <br /> then prevailing for the BPAS staff members involved in performing such services, only as and to the extent <br /> requested by the Plan Administrator or a representative of the Plan Administrator. <br /> • Prepare special reports (other than those provided in the Annual Valuation); <br /> • Conduct special studies (e.g., what if benefits are increased/reduced?); <br /> • Provide programming Special Reports studies; <br /> • Consulting services; <br /> Any printed material and/or mailing request other than participant quarterly statements and electronic <br /> enrollment kits will be quoted in advance in writing by BPAS on a per job basis. <br /> VEBA Administrative Service Agreement (405512) <br />