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R2009-23 ESTABLISHING DEFERRED COMPENSATION PROGRAM
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R2009-23 ESTABLISHING DEFERRED COMPENSATION PROGRAM
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Last modified
10/14/2015 2:53:46 PM
Creation date
10/14/2015 2:53:45 PM
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Resolution/Ordinance
Res Ord Num
R2009-23
Res Ord Title
ESTABLISHING DEFERRED COMPENSATION PROGRAM - NATIONWIDE RETIREMENT SOLUTIONS
Department
City Manager
Approved Date
3/2/2009
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� • 1 � � <br /> 15. ATTORNEYS' FEES <br /> Each party agrees that in the event of a claim, arbitration, or lawsuft filed by a party to this Agreement, each <br /> party shall be responsible for its own attorneys'fees and/or any costs or expenses related to the bringing or <br /> defense of any such claim, arbitration, or lawsuit. <br /> 16. CONTRACT TERM <br /> This agreement is effective until terminated in accordance with Section 3 above. <br /> 17. ASSIGNABILIIY <br /> No party to this Agreement shall assign the same without the express written consent of the other party, <br /> which consent shall not to be unreasonably withheld. This provision shall not restrict Nationwide's right to <br /> delegate certain services to an agent, including any affiliate. Unless agreed to by the parties, no such <br /> assignment shall relieve any party to this Agreement of any duties or responsibilities herein. <br /> 18. PARTIES BOUND <br /> This Agreement and the provisions thereof shall be binding upon and shall inure to the benefit of the <br /> successors and assigns of the respective parties. <br /> 19. APPLICABLE LAW � <br /> This Agreement shall be construed in accordance with the laws operating within the State of Ohio. <br /> 20. UNLAWFUL PROVISIONS <br /> In the event any provisions of this Agreement shall be held illegal or invalid for any reason, said illegality or <br /> invalidity shall not affect the remaining parts of the Agreement, but the same shall be construed and enforced <br /> as if said illegal or invalid provisions had never been inserted herein. Notwithstanding anything contained I <br /> herein to the contrary, no party to this Agreement will be required to perform or render any services !� <br /> hereunder, the pertormance or rendition of which would be in violation of any laws relating thereto. I, <br /> 21. MODIFICATION <br /> This writing is intended both as the final expression of the Agreement between the parties and as a complete <br /> statement of the terms of the Agreement. No modification of this Agreement shall be effective unless and <br /> until such modification is evidenced by a writing signed by both parties. <br /> 22. NO WAIVER � <br /> The failure of either party to enforce any provision of this Agreement shall not be construed as a waiver of <br /> that provision or of any other provision in the Agreement and neither party may, at any time, enforce the <br /> provision previously waived, unless a modification to this Agreement has been executed. <br /> 23. SEVERABILITY <br /> The provisions of this Agreement are severable, and, if for any reason a clause, sentence, paragraph, or <br /> other part of this Agreement shall be determined to be invalid by a court or federal or state EMPLOYER, <br /> board, or commission having jurisdiction over the subject matter thereof, such invalidity shall not affect other <br /> provisions of this Agreement which can be given effect without the invalid provision. <br /> 24. NOTICES <br /> All notices and demands to be given under this Agreement by one party to another shall be given by certifled <br /> or United States mail, addressed to the party to be notified or upon whom a demand is being made, at the <br /> - 8- <br /> M:\Corp�20381020/Nationwnde Masier Administration Agreemenl.doc <br /> DC-4055-0905�nlj <br />
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