Pursuant to the terms of the plan, the Committee may appoint a person other than itself (the “Plan Administrator”) to administer the plan. In such event, the Committee shall furnish the Trustees with the name of any Plan Administrator and notice of the removal or resignation of the Plan Administrator or appointment of a successor Plan Administrator. The Trustees may assume, at all times, that the Plan Administrator is as so named unless, and until, they have received written notice from the Committee to the contrary. The Trustees shall accept such directions from the Plan Administrator so named as they would have accepted from the Committee hereunder in the absence of such appointment until such time as the Trustees are advised in writing of a change in the identity of Plan Administrator. In the event the Trustees have appointed an Investment Manager, pursuant to § 32.031 or a depository pursuant to § 32.036, to have physical custody or indicia of ownership of any assets, the Committee or the Plan Administrator may direct the Investment Manager or depository with respect to payments from the fund and the Investment Manager and depository shall be protected in relying thereon in the same manner as the Trustees.
(Ord. MET 86-13, passed 5-30-1986)