ARTICLE NINE
JOINT COMMITTEE
9.01 Appointment of Joint Committee
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The Courts will appoint a Joint Committee with such powers,
rights, duties and responsibilities as the Courts direct.
9.02 Joint Committee's Duties
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Without limiting the generality of the foregoing, the duties
and responsibilities of the Joint Committee will include:
- recommending from time to time persons for appointment
by the Courts pursuant to the provisions of Article Ten;
- establishing protocols, which must be approved by the
Courts, for the Administrator, Trustee, Referees and Arbitrators
for the administration of this Agreement and for the processing
and payment of Claims, and rescinding or amending any
of such protocols with the approval of the Courts;
- receiving and assessing information received from the
Administrator, the Trustee, the Auditors and Fund Counsel
and applying to the Courts for advice and direction;
- retaining actuaries to determine the financial sufficiency
of the Trust Fund from time to time;
- receiving advice from the Investment Advisors on the
investment of the assets of the Trust; and
- making applications to the Courts pursuant to Section
10.01(1).
Decisions of the Joint Committee will require the approval
of all members of the Joint Committee.
The fees, disbursements and other costs of the Joint Committee
will be paid out of the Trust in a time, in a manner and in
an amount approved by the Courts.
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