Common use of Investment Funds Clause in Contracts

Investment Funds. The Employer may designate, in its discretion, one or more Investment Funds for the notional investment of Participants’ Accounts. The Employer, in its discretion, may from time to time establish new Investment Funds or eliminate existing Investment Funds. The Investment Funds are for recordkeeping purposes only and do not allow Participants to direct any Employer assets (including, if applicable, the assets of any trust related to the Plan). Each Participant’s Accounts shall be adjusted pursuant to the Participant’s notional investment elections made in accordance with this Section 5, except as otherwise determined by the Employer or Administrator in their sole discretion.

Appears in 8 contracts

Samples: Plan Adoption Agreement (Peets Coffee & Tea Inc), Deferred Compensation Plan (Main Street Capital CORP), Adoption Agreement (Virginia Electric & Power Co)

AutoNDA by SimpleDocs

Investment Funds. The Employer may designate, in its discretion, one or more Investment Funds for the notional investment of Participants' Accounts. The Employer, in its discretion, may from time to time establish new Investment Funds or eliminate existing Investment Funds. The Investment Funds are for recordkeeping purposes only and do not allow Participants to direct any Employer assets (including, if applicable, the assets of any trust related to the Plan). Each Participant’s 's Accounts shall be adjusted pursuant to the Participant’s 's notional investment elections made in accordance with this Section 5, except as otherwise determined by the Employer or Administrator in their sole discretion.

Appears in 1 contract

Samples: Eog Resources Inc

AutoNDA by SimpleDocs

Investment Funds. #128470046 v1 The Employer may designate, in its discretion, one or more Investment Funds for the notional investment of Participants’ Accounts. The Employer, in its discretion, may from time to time establish new Investment Funds or eliminate existing Investment Funds. The Investment Funds are for recordkeeping purposes only and do not allow Participants to direct any Employer assets (including, if applicable, the assets of any trust related to the Plan). Each Participant’s Accounts shall be adjusted pursuant to the Participant’s notional investment elections made in accordance with this Section 5, except as otherwise determined by the Employer or Administrator in their sole discretion.

Appears in 1 contract

Samples: Carter Bankshares, Inc.

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