Common use of Account or Annuity Clause in Contracts

Account or Annuity. The Employer in its Adoption Agreement may elect to establish Accounts to receive Designated IRA Contributions either as individual retirement accounts, as individual retirement annuities or as consisting of either type, at the Participant's election.

Appears in 2 contracts

Samples: Plan and Trust Agreement (Finisar Corp), Participation Agreement (Nci Building Systems Inc)

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Account or Annuity. The Employer in its Adoption Agreement may elect to establish Accounts to receive Designated IRA XXX Contributions either as individual retirement accounts, as individual retirement annuities or as consisting of either type, at the Participant's ’s election.

Appears in 1 contract

Samples: Adoption Agreement (Knowles Corp)

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Account or Annuity. The Employer in its Adoption Agreement may elect to establish Accounts to receive Designated IRA XXX Contributions either as individual retirement accounts, as individual retirement annuities or as consisting of either type, at the Participant's election.

Appears in 1 contract

Samples: Plan and Trust Agreement (Bob Evans Farms Inc)

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