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-4- <br /> this Interlocal Agreement; <br /> m) To bear sole responsibility for any dispositions out of the Fund by way of dividends or <br /> distribution, if any, of accumulated reserves to the members of the Trust. Any such <br /> dispositions shall be made solely at the discretion of the Board of Trustees; and <br /> n) To contract for and purchase excess insurance as deemed necessary to safeguard the assets <br /> of the Trust. <br /> Article N. Duties of Plan Administrator; Duties Of Other Contractors <br /> 1. The Board of Trustees shall designate a Plan Administrator for the Trust and its Fund. The Plan <br /> Administrator may contract with such other contractor(s) as is necessary for the administration of <br /> claims and services of this Trust and to provide for the coverage and services contemplated by this <br /> agreement. The Plan Administrator shall directly supervise other contractor(s) for the Trust. The <br /> Plan Administrator shall deposit to the account of the Trust at any bank or banks designated by the <br /> Board of Trustees,all contributions as collected, and such monies shall be disbursed only as provided <br /> by the rules, regulations and bylaws of the Board of Trustees, and the agreement(s) with the other <br /> contractor(s). The Plan Administrator shall receive a fee which shall be negotiated from time to time <br /> by the Board of Trustees, and which shall be set forth in the Agreement between the Trust and the <br /> Plan Administrator. All other contractors who render services for the Trust shall receive a fee which <br /> shall be negotiated from time to time by the Board of Trustees, and which shall be set forth in the <br /> agreement between the Plan Administrator and the contractor. <br /> 2. The duties and responsibilities of other contractor(s) may include, but are not limited to, claims <br /> administration, program development and loss control on behalf of the members. Other contractor(s) <br /> may be used to assist the Board of Trustees in determining all contributions due the Fund, and in <br /> such capacity,the contractor(s)may be required to prepare for payment all approved items of expense <br /> and claims, and give a monthly accounting of all monies and claims so handled. The responsibilities <br /> and duties of other contractor(s) shall be more particularly defined and described in the agreement(s) <br /> executed with the Plan Administrator. All books and records kept by a contractor that relate to the <br />