Investment Changes Clause Samples
Investment Changes. A Participant may change how previous Contributions (and any earnings thereon) have been allocated among the available Portfolio options for all Accounts in the Program (including Accounts in the Client Select Series) for the same Designated Beneficiary twice per calendar year or upon a change of the Designated Beneficiary to a Member of the Family of the current Designated Beneficiary. However, the investment allocation of future Contributions can be changed at any time. A Participant holding multiple Accounts for the same Designated Beneficiary must submit investment change instructions, if any, for all such Accounts on the same day, in order for all the changes to count as just one investment change (in the aggregate) for these purposes. Client Direct Series Units in a Portfolio may only be exchanged for Client Direct Series Units in another Portfolio. Accounts are not permitted to directly exchange Units of the Principal Plus Portfolio for Units of the NextGen Savings Portfolio. In addition, in order to limit indirect exchanges between the Principal Plus Portfolio and the NextGen Savings Portfolio, whenever an Account exchanges Units of the Principal Plus Portfolio for Units of any Portfolio(s) other than the NextGen Savings Portfolio, for the next 90 days, the dollar value of all such exchanges will be aggregated by Portfolio (the “aggregated amount”). During that 90-day period, the Account will be permitted to acquire Units in the NextGen Savings Portfolio through exchanges, but only to the extent that, immediately after the exchange, the Account continues to hold Units in the exchanging Portfolio (i.e., the Portfolio that redeems Units as part of the exchange) that are at least equal in value to the aggregated amount on that date. Currently, investment change requests must be in writing on an Investment Change Form; however, the Program Manager may waive this requirement or provide additional means for providing investment change instructions. An investment change will not affect instructions on how additional Contributions to an Account should be allocated. Investment changes may take up to five business days to process after they are received in good form by the Program Manager, particularly during periods of market volatility and at year-end. When the Program Manager processes an investment change, the Program Manager redeems the Units to be exchanged and uses the proceeds to purchase the Units to be credited to your Account. Such Units will be r...
Investment Changes. Any participant shall have the right from time to time, although not more often than once within a twelve (12) month period, to require that the value of any one (1) or more of his accounts be transferred for investment for his account in any of Funds I, II or IV, provided that this right shall not apply to Fund III, and, commencing January 1, 1977, no such transfers shall be permitted from Fund IV to any other fund, and no such transfers shall be permitted from Fund I to Fund II. Such transfer shall also be governed by reasonable rules of the Adminis- trative Committee regarding the timeliness of notice. Commencing September 1, 1993, a participant shall have the right, not more often than once a month and not withstanding any transfers made in the twelve (12) months prior to September 1, 1993, to require that the value of any one (1) or more of his accounts be transferred for investment for his account in any of Funds I, II, IV, V, VI, VII, VIII or IX provided that such transfer shall be made in whole percentages. This right shall not apply to Fund III, and a participant that transferred the value of his account from Fund II to another fund in the six (6) months prior to September 1, 1993 may not transfer any amount into Fund II until at least six (6) months after the date of said transfer from Fund II. Thereafter, transfers to or from Fund II may occur only once in a six (6) month period. All transfers shall be governed by reason- able rules of the Administrative Committee regarding the timeliness of notice.
Investment Changes. A Participant may change how previous Contributions (and any earnings thereon) have been allocated among the available Portfolio options for all Accounts in the Program (including Accounts in the Client Direct Series) for the same Designated Beneficiary twice per calendar year or upon a change of the Designated Beneficiary to a Member of the Family of the current Designated Beneficiary, by contacting your financial advisor. However, the investment allocation of future Contributions can be changed at any time. A Participant holding multiple Accounts for the same Designated Beneficiary must submit investment change instructions, if any, for all such Accounts on the same day, in order for all the changes to count as just one investment change (in the aggregate) for these purposes.
Investment Changes. Any participant shall have the right to require daily that the value of any one (1) or more of the participant’s accounts in the investment options be transferred for investment for the participant’s account in any other of the investment options. Such transfers may be made in whole or partial percentages or in dollars and cents and shall be governed by reasonable rules of the Administrative Committee regarding the timeliness of notice and subject to the rules of Section 6.3. Beginning on or about September 1, 2009, each participant shall have the right to transfer the value of Company matching contributions or profit sharing contributions in the Kansas City Life Stock Investment option at any time. Beginning January 1, 2007 and prior to on or about September 1, 2009, a participant who has completed three (3) years of employment shall have the right to transfer the value of Company matching contributions or profit sharing contributions in the Kansas City Life Stock Investment option made prior to January 1, 2007 to any other investment option in accordance with the following schedule: Plan Year Applicable Percentage 1 33% 2 66% 3 100% Prior to July 1, 2009, a participant who attained age 55 and completed three (3) years of employment on or before December 31, 2005 shall have the right to transfer all or any portion of the value of Company matching contributions or profit sharing contributions in the Kansas City Life Stock Investment option to another investment option at any time. Beginning January 1, 2007 and prior to on or about September 1, 2009, a participant who completes or who has completed, three (3) years of employment shall have the right to transfer the value of Company matching contributions or profit sharing contributions in the Kansas City Life Stock Investment option made after December 31, 2006 at any time. In any case, the right to transfer by “insiders” shall be limited as described in Paragraph
Investment Changes. A Customer may change the investment of all or a portion of his/her Banco Popular IRA among the Investment Alternatives by providing the Bank with prior notice of 30-days, subject to the rules mentioned below. By disposition of law, rollovers from Popular ▇▇▇▇ ▇▇▇ can only be transferred to another Popular ▇▇▇▇ ▇▇▇. Investment Charges shall be subject to the following requirements:
1. Instructions for transferring amounts invested in a Fixed-Term Time Deposit or a Stock Market IRA Deposit to another Fixed-Term Time Deposit or 60- Month Stock Market IRA Deposit will become effective on the first Business Day after expiration of the 30-day notice period.
2. Instructions for transferring amounts invested in a Fixed-Term Time Deposit or a Stock Market IRA Deposit to the Popular Tax-Exempt Trust Fund or Popular Balanced IRA Trust Fund will become effective on the first Business Day in which units of said funds are sold after the 30-day notification period.
3. Instructions for transferring amounts invested in the Popular Tax-Exempt Trust Fund or Popular Balanced IRA Trust Fund to a Fixed-Term Time Deposit or a Stock Market IRA Deposit will become effective on the first Business Day in which units in said funds are eligible for redemption after the 30-day notification period.
4. Instructions for transferring amounts invested in the Popular Tax-Exempt Trust Fund, or Popular Balanced IRA Trust Fund to any of the mentioned funds will become effective on the first Business Day in which units of said funds are eligible for redemption after the 30-day notification period.
5. Instructions for transferring amounts invested in the Popular Core Equity Fund or Popular Total Return Fund to any of the aforementioned investment alternatives (or from any of the investment alternatives to the Popular Core Equity Fund or the Popular Total Return Fund) will become effective on the first Business Day in which the shares of said funds are eligible for redemption after the 30-day notification period. Investment changes to a Banco Popular IRA in accordance with the Investment Alternatives will also be subject to the terms and conditions of each of the Investment Alternatives, as provided in the Declaration of Trust of the particular collective investment fund, the Fixed Term Time Deposit, the Stock Market IRA Deposit and as disclosed in the Offering Circulars and other disclosure documents regarding the Investment Alternatives.
Investment Changes. Each Participant shall have the right to direct the Committee to modify his investment directions made pursuant to paragraph (a) above with respect to amounts credited to his Supplemental Salary Deferral Account, Supplemental Company Account and Supplemental Profit Sharing Account after the date such modification direction becomes effective, in specified multiples of 10%. Each Participant shall also have the right to direct the Committee to change the investment directions made pursuant to paragraph (a) above with respect to amounts credited to his Accounts on the date such direction to change becomes effective, in specified multiples of 10%.
Investment Changes. (a) Once per year Participants who are age 55 years or older may elect, at such time and in such manner as shall be determined by the Company, to have a portion of the amount credited to the Participant in the form of notional Mobil common stock credited instead in the form of LTFI units as provided in Section 3.1(f) of this Part. The price of Mobil common stock for purposes of this conversion shall be the price in effect under the Savings Plan for instructions to sell received at the time the election hereunder is received by the Company. The number of shares of notional Mobil common stock that can be converted to LTFI units in any one year is 25% of the total number of notional shares ever credited to the Participant (including any previously converted) minus the total number of shares previously converted. For a Participant whose age is 60 years or older, the preceding sentence shall be applied by substituting "50%" for "25%."
(b) Once per year Participants shall have an opportunity, at such times and in such manner as determined by the Company, to elect to have amounts credited in LTFI units credited in notional shares of Mobil common stock, which shall accrue notional dividend equivalents as provided in Section 3.1(e). For purposes of conversions into notional Mobil common stock credits, the price in effect under the Savings Plan for instructions to purchase received at the time any election hereunder is received by the Company shall apply.
Investment Changes. T. ▇▇▇▇ Price shall process changes to Investment Allocation Information and changes to the investment of existing Account balances as directed by Participants.