To the extent of the participant’s or beneficiary’s investment direction, the employer and the Plan Administrator and the plan-trustee and the agent and each issuer and each person performing services regarding the plan is relieved of any fiduciary responsibility and every kind of liability, and is not responsible for or liable for any damage or loss or expense or other claim which may arise from that participant’s or beneficiary’s investment direction or exercise of control (or from that participant’s or beneficiary’s failure to exercise his, her or its duty of investment direction and control).
(Ord. NIRC 97-1, passed 1-15-1997)