Common use of Employee Directions Clause in Contracts

Employee Directions. The Employee may direct that all of the amounts attributable to his Account be invested in a single investment or may direct fractional (percentage) increments of his Account to be invested as he shall desire, on such forms and in accordance with such procedures, if any, as may be established by the Trustee. Such designation may be changed in accordance with such procedures as established by the Trustee. The designation will continue until changed by the timely submission of a new form.