Avis 2008 Annual Report Download - page 233

ARTICLE 9.
Contributions
9.1. Contributions of the Company . In order to provide for the benefits established by this Plan, the Company shall make such
contributions to the Fund as may be required to maintain the Plan on a sound actuarial basis and meet the funding standards of ERISA.
9.2. Irrevocability of Contributions
. Except as provided in Section 18.2, the contributions made by the Company shall be irrevocable
and shall be transferred to the Trustee or insurance company, as provided for in Article 10, to be used in accordance with the provisions of the
Plan to pay the benefits established by the same. Neither such contributions nor the income therefrom shall be used for or applied to purposes
other than the exclusive benefit of the Members or their Beneficiaries prior to satisfaction of all liabilities hereunder.
9.3. Use of Forfeitures . Any amounts forfeited by Members shall be used to reduce future Company contributions hereunder and
shall not be used to increase the benefits any Member or other person would otherwise receive under the Plan.
ARTICLE 10.
Management of Funds
10.1. Medium of Funding
. The Fund shall be held by a Trustee or Trustees appointed from time to time by the Board of Directors, in
one or more trusts (such trusts being herein collectively referred to as the “Trust”), under a trust instrument or instruments approved or
authorized by the Board of Directors for use in providing the benefits of the Plan and paying any expenses of the Plan not paid directly by the
Company; provided, however, that the Company may, in its discretion, also enter into any type of contract with any insurance company or
companies selected by it for providing benefits under the Plan.
10.2. Fund to be for Exclusive Benefit of Members . Prior to the satisfaction of all liabilities with respect to persons entitled to
benefits, except for the payment of expenses, no part of the corpus or income of the Fund shall be used for, or diverted to, purposes other than for
the exclusive benefit of Members, former Members entitled to Vested Benefits, retired Members, Beneficiaries of Members and other persons
who are or may become entitled to benefits hereunder.
ARTICLE 11.
The Committee and Claims Procedure
11.1 Appointment of Committee . The administration of the Plan, as provided herein, including the supervision of the payment of all
benefits to Participants and Beneficiaries, shall be vested in and be the responsibility of the Employee Benefits Committee which shall be called
the “Committee” herein. The Committee shall be the Plan Administrator and a Named Fiduciary of the Plan for purposes of the Act. The
Committee shall consist of such number of
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