Common use of Investment for the Benefit of Incompetents Clause in Contracts

Investment for the Benefit of Incompetents. If the Plan Administrator receives notice that any person entitled to direct investments hereunder has been determined to be legally incompetent, his Account shall be placed in a Fund(s) determined under Section 14.2(e) until such time as the person’s legal representative files an election in the manner specified in this Article.

Appears in 5 contracts

Samples: Retirement and Savings Plan (Host Marriott Corp/), Retirement and Savings Plan (Host Marriott L P), Retirement and Savings Plan (Host Marriott Corp/)

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