Common use of EMPLOYEE INVESTMENT DIRECTION Clause in Contracts

EMPLOYEE INVESTMENT DIRECTION. If approved by the Employer in the Adoption Agreement, Participants shall be given the option to direct the investment of their personal contributions and their share of the Employer's contribution among alternative investment funds established as part of the overall Fund, unless otherwise specified by the Employer in the Adoption Agreement. Such investment funds shall be under the full control of the Trustee. If investments outside the Trustee's control are allowed, Participants may not direct that investments be made in collectibles, other than U.S. Government or State issued gold and silver coins. In this connection, a Participant's right to direct the investment of any contribution shall apply only to selection of the desired fund. The following rules shall apply to the administration of such funds.