Common use of Investment Election Clause in Contracts

Investment Election. A Participant who has established any Account within the Plan shall, by filing a written direction with the Plan Administrator, specify the percentage of his Accounts which are to be invested in each of the Investment Options described in Section 11.02. The Plan Administrator may limit the percentage alternatives available in a uniform and non-discriminatory manner. Any investment direction given by a Participant shall be deemed to be a continuing direction until changed.

Appears in 2 contracts

Samples: Adoption Agreement (Sonic Corp), Adoption Agreement (BRPP LLC)

AutoNDA by SimpleDocs

Investment Election. A Participant who has established any Account within the Plan shall, by filing a written direction with the Plan Administrator, specify the percentage of his Accounts which are to be invested in each of the Investment Options described in Section 11.0210.02. The Plan Administrator may limit the percentage alternatives available in a uniform and non-discriminatory manner. Any investment direction given by a Participant shall be deemed to be a continuing direction until changed.

Appears in 2 contracts

Samples: Metals Usa Inc, Metals Usa Inc

AutoNDA by SimpleDocs

Investment Election. A Participant who has established any Account within the Plan shall, by filing a written direction with the Plan Administrator, specify the percentage of his Accounts which are to be invested in each of the Investment Options described in Section 11.0210.02. The Plan Administrator may limit the percentage alternatives available in a uniform and non-discriminatory manner. In addition, the Plan Administrator reserves the right to: (1) establish any rules, policies and/or procedures as it deems appropriate; (2) limit or restrict the ability of Participants to make or change investment instructions; (3) decline to implement any investment instructions; and (4) exercise any additional powers identified in Section 9.03. Any investment direction given by a Participant shall be deemed to be a continuing direction until changed.

Appears in 1 contract

Samples: Fairfax Financial Holdings LTD/ Can

Time is Money Join Law Insider Premium to draft better contracts faster.