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2001 010 Ordinance
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2001 010 Ordinance
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Last modified
11/19/2018 4:08:49 PM
Creation date
9/10/2018 4:58:37 AM
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Template:
Legislation-Meeting Minutes
Document Type
Ordinance
Number
010
Date
5/21/2001
Year
2001
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05/14/01 12:31 FAX _ PHIL BRETT ? LAW DIR f?006 <br />4.7 VALIC shall furnish_ to each. Pazucigant tax reporcing form(s) required by the applicable taxing_ anthority <br />including a statement of gross amounts paid to the Panicipant and the amount of federal, state and local income tax <br />withheld by \!ALIC,. if any. . <br />4.6 VALIC sha11 furnish to the Employer, if applicable, annual and semi-annual reports for T°he Variable Annuity <br />Life Insurance Company. Sepazate Account(s) for disuibution to Participants. <br />4.9 VALIC shall cstablish and maintain records of notifications from Employer concerning Participants who are <br />to receive disbursements, gross payments under the Agreement, amounts of federal,.state and local income withheld by <br />VALIC on behalf of the Emplqyter and reports of such income and deposits filed with the appropriate govemmental <br />agencies_by- VALIC_on behalf of the EmplQyer. <br />ARTICLE d - MISCELLANEOU3 <br />5.1 TM. This Agreement shall become effective immediately upon execution and shall remain in force until ter- <br />minated by eilhec pazty as provided belaw, <br />5.2 Teeminacinn_ 'Ihis Agreement may he terminated.by either party upon sixty (60) days written notice to the <br />other party of the intent to terminate. Upon any such termination, Agent shall deliver to the Employer all records and <br />repoits required by this Agi'cement. <br />5.3 Information. VALIC relies on the information pcovided to it by the Empioyer or participant, and VALIC will <br />not be respoasible.f.or claims resulting.from the use by VALLIC of any incorrect or misleading information provided to <br />it by the Empluyer or pariicipant. <br />5.4. Assignmeal. This. Agreement may aot be assigned without the written consent of the other parry. <br />" 5.5 Amendment. The parties may amend this Agreement only in writing. Any such amendment must be approved <br />by ilse Pcesident or a Yice Pres'sdent of Agent and a person authorized to act on behalf of Employer. <br />5.6 otice. My notice provided for herein shall be in writing and shall be deemed to have been given when <br />rzreived by persona} delivery or ETnited States mail addressed to the Employer at the address given in section 2.3 og to. <br />VALIC at-the address below: <br />Customer Service <br />The Vorlable Anauity Life Insuraace Comparey <br />2929 Allen Parkway <br />Houston. TX 77019 <br />5.7- roveminE Law. The laws of the seate of Texas shall gavern the rights. ar}d obligadons of.the. parties undec this <br />Agreemens. <br />.5.8 Entit+e Agnmen? This Agreement and any written amendments hereto constitute the entire agreement of ihe <br />parties. 'Ihis Agreement shall supeecsede ali previous communications, iepresentations or agreements, either oral or <br />written. between the parties. <br />5.9 &Cost to Fmulover. 'I2ie services rendered bX YAI.IC pursuant ta this Agreement sball be performed with- <br />out additional eost to the Employer other than admanistrative and sales charges provided for in che Annuity Contract. <br />PBrNPRJPR INn <br />YA i l'
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