The plan-trustee and the plan administrator shall be reimbursed from the plan-trust assets for any actual expense (including, by example and not by limitation, actual fees of lawyers and legal assistants, accountants, auditors, proxy solicitors or other consultants) reasonably incurred in performing services with respect to the plan or the plan-trust. Without limiting the comprehensive effect of the foregoing, all of the provisions of the plan concerning expenses are incorporated into and made a part of this plan-trust declaration by reference. Except as otherwise ordered by the court, the expense reimbursement shall be effected by deducting a charge against all (or substantially all) participants’ plan accounts according to an equitable method determined by the plan administrator.
(Ord. NIRC 97-1, passed 1-15-1997)