Common use of Investment of Contributions Clause in Contracts

Investment of Contributions. The Custodian shall invest all contributions in Shares of the Funds as directed by Participant in a form, manner and medium acceptable to the Custodian. If such directions are not received by Custodian; or are received but are, in the opinion of the Custodian, unclear; or if the accompanying contribution exceeds the applicable maximum amount and is not identified as a qualified rollover contribution; the Custodian may hold or return all of the contribution uninvested without liability for loss of income or appreciation and without liability for interest pending receipt of proper instructions or clarification.

Investment of Contributions. The Custodian shall invest all contributions in Shares of the Funds as directed by Participant in a form, manner and medium acceptable to the Custodian. If such directions are not received by Custodian; or are received but are, in the opinion of the Custodian, unclear; or if the accompanying contribution exceeds the applicable maximum amount limits described in Section 3.3 and is not identified as a qualified rollover rollover, transfer, recharacterization or SEP contribution; the Custodian may hold or return all of the contribution uninvested without liability for loss of income or appreciation and without liability for interest pending receipt of proper instructions or clarification.

Investment of Contributions. The Custodian shall invest all contributions in Shares of the Funds as directed by Participant in a form, manner and medium acceptable to the Custodian. If such directions are not received by Custodian; or are received but are, in the opinion of the Custodian, unclear; or if the accompanying contribution exceeds the applicable maximum amount limits described in Code Section 408(p) and is not identified as a qualified rollover or transfer contribution; the Custodian may hold or return all of the contribution uninvested without liability for loss of income or appreciation and without liability for interest pending receipt of proper instructions or clarification.