Academic Affairs
Purpose: The Committee shall serve in an advisory capacity to the Plan Administrator in connection with the day-to-day administration of the Plan and the investment of the Plan's funds. Specifically, with the assistance of professional advisers, the Committee shall adopt an investment policy for the Plan (the "Investment Policy") and shall develop systems and guidelines for implementing the Investment Policy. The Committee shall regularly meet in order to evaluate the various investment options available to Participants under the Plan to ensure they comply with the guidelines outlined in the Investment Policy.
Members: Composition of Committee. The Committee shall be comprised of at least five (5) members (“Committee Members”). At least three Committee Members shall be full-time Employees of the Employer (one of whom shall be the Vice President for Finance and Administration).