Federal Register / Vol. 60, No. 81 / Thursday, April 27, 1995 / Notices 20777

Inc., a party in interest with respect to

the Plan; provided the following

conditions are satisfied: (1) The sale is

a one-time transaction for cash; (2) the

Plan receives no less than the fair

market value of the GAC at the time of

the sale; (3) the Plan’s trustee, acting as

independent fiduciary for the Plan, has

determined that the proposed sale price

is not less than the current fair market

value of the GAC; and (4) the Plan’s

trustee has determined that the

proposed transaction is appropriate for

and in the best interests of the Plan and

its participants and beneficiaries.

For a more complete statement of the

facts and representations supporting the

Department’s decision to grant this

exemption, refer to the notice of

proposed exemption published on

February 10, 1995 at 60 FR 8089.

For Further Information Contact:

Virginia J. Miller of the Department,

telephone (202) 219–8971. (This is not

a toll-free number.)

General Information

The attention of interested persons is

directed to the following:

(1) The fact that a transaction is the

subject of an exemption under section

408(a) of the Act and/or section

4975(c)(2) of the Code does not relieve

a fiduciary or other party in interest or

disqualified person from certain other

provisions to which the exemptions

does not apply and the general fiduciary

responsibility provisions of section 404

of the Act, which among other things

require a fiduciary to discharge his

duties respecting the plan solely in the

interest of the participants and

beneficiaries of the plan and in a

prudent fashion in accordance with

section 404(a)(1)(B) of the Act; nor does

it affect the requirement of section

401(a) of the Code that the plan must

operate for the exclusive benefit of the

employees of the employer maintaining

the plan and their beneficiaries;

(2) These exemptions are

supplemental to and not in derogation

of, any other provisions of the Act and/

or the Code, including statutory or

administrative exemptions and

transactional rules. Furthermore, the

fact that a transaction is subject to an

administrative or statutory exemption is

not dispositive of whether the

transaction is in fact a prohibited

transaction; and

(3) The availability of these

exemptions is subject to the express

condition that the material facts and

representations contained in each

application accurately describes all

material terms of the transaction which

is the subject of the exemption.

Signed at Washington, DC, this 24th day of

April 1995.

Ivan Strasfeld,

Director of Exemption Determinations,

Pension and Welfare Benefits Administration,

U.S. Department of Labor.

[FR Doc. 95–10405 Filed 4–26–95; 8:45 am]

BILLING CODE 4510–29–P

NATIONAL SCIENCE FOUNDATION

Special Emphasis Panel in

Bioengineering and Environmental

Systems; Meeting

In accordance with the Federal

Advisory Committee Act (Pub. L. 92–

463, as amended), the National Science

Foundation announces the following

meeting.

Name: Special Emphasis Panel in

Bioengineering and Environmental Systems

(#1189).

Date and Time: May 18, 1995; 8:00 a.m.–

5:00 p.m.

Place: National Science Foundation, Room

1120, 4201 Wilson Blvd., Arlington, VA

22230.

Type of Meeting: Closed.

Contact Person: Fred G. Heineken, Program

Director, Biochemical Engineering and

Biotechnology, Room 565, National Science

Foundation, 4201 Wilson Blvd., Arlington,

VA 22230. Phone: (703) 306–1319.

Purpose of Meeting: To provide advice and

recommendations concerning proposals

submitted to NSF for financial support.

Agenda: To review and evaluate

Biotechnology Group Proposals.

Reason for Closing: The proposal being

reviewed includes information of a

proprietary or confidential nature, including

technical information; financial data such as

salaries; and personal information

concerning individuals associated with the

proposals. These matters are exempt under 5

U.S.C. 552b(c), (4) and (6) of the Government

in the Sunshine Act.

Dated: April 24, 1995.

M. Rebecca Winkler,

Committee Management Officer.

[FR Doc. 95–10392 Filed 4–26–95; 8:45 am]

BILLING CODE 7555–01–M

Special Emphasis Panel in Materials

Research; Meeting

In accordance with the Federal

Advisory Committee Act (Pub. L. 92–

463 as amended), the National Science

Foundation announces the following

meetings:

Name: Special Emphasis Panel in Materials

Research (DMR).

Dates and Times: May 17, 1995—8:00 am–

5:00 pm; May 19, 1995—8:00 am–5:00 pm.

Place: National Science Foundation, 4201

Wilson Boulevard, Rooms 380 and 390 (May

17); Rooms 310, 340 and 390 (May 19),

Arlington, VA 22230.

Type of Meetings: Closed.

Contact Person: Dr. Lorretta J. Inglehart,

Program Director, Division of Materials

Research, Room 1065, National Science

Foundation, 4201 Wilson Blvd, Arlington,

VA 22230, Telephone (703) 306–1817.

Purpose of Meetings: To provide advice

and recommendations concerning support for

Academic Research Infrastructure

Instrumentation proposals.

Agenda: Evaluation of proposals.

Reason for Closing: The proposals being

reviewed may include information of a

proprietary or confidential nature, including

technical information, financial data such as

salaries, and personal information

concerning individuals associated with the

proposals. These matters are exempt under 5

U.S.C. 552 b.(c) (4) and (6) of the Government

in the Sunshine Act.

Dated: April 24, 1995.

M. Rebecca Winkler,

Committee Management Officer.

[FR Doc. 95–10393 Filed 4–26–95; 8:45 am]

BILLING CODE 7555–01–M

Special Emphasis Panel in Information

Robotics and Intelligent Systems;

Notice of Meeting

In accordance with the Federal

Advisory Committee Act (Pub. L. 92–

463, as amended), the National Science

Foundation announces the following

meeting.

Name: Special Emphasis Panel in

Information, Robotics and Intelligent Systems

(1200).

Date and Time: May 16–18, 1995, 8:30 a.m.

to 5:00 p.m.

Place: St. James Hotel, 950 24th Street,

NW., Washington, DC 20037.

Type of Meeting: Closed.

Contact Person: Dr. Howard Moraff, Acting

Deputy Division Director, Robotics and

Intelligence, Room 1115, National Science

Foundation, 4201 Wilson Blvd., Arlington,

VA 22230. Telephone: (703) 306–1028.

Purpose of Meeting: To provide advice and

recommendations concerning proposals

submitted to NSF for financial support.

Agenda: To review and evaluate Database

and Expert Systems Program proposals as

part of the selection process for awards.

Reason for Closing: The proposals being

reviewed include information of a

proprietary or confidential nature, including

technical information; financial data, such as

salaries; and personal information

concerning individuals associated with the

proposals. These matters are exempt under 5

U.S.C. 552b(c), (4) and (6) of the Government

in the Sunshine Act.

Dated: April 24, 1995.

M. Rebecca Winkler,

Committee Management Officer.

[FR Doc. 95–10394 Filed 4–26–95; 8:45 am]

BILLING CODE 7555–01–M