Common use of Specified Valuation Dates Clause in Contracts

Specified Valuation Dates. [Note: The Employer under Election 42(d) may describe Valuation Dates from the elections available under Election 42 and/or a combination thereof as to any: (i) Contribution Type (e.g., No additional Valuation Dates apply as to Employer Contribution Accounts. The last day of each Plan Year quarter applies to Matching Contribution Accounts); (ii) investment type, investment vendor or Account type (e.g., No additional Valuation Dates apply to investments placed with vendor A and Daily Valuation Dates apply to investments placed with vendor B OR Daily Valuation Dates apply to Participant-Directed Accounts and no additional Valuation Dates apply to pooled Accounts); and/or (iii) merged plan account now held in the Plan (e.g., The accounts from the X plan merged into this Plan continue to be subject to Trust valuation in accordance with the X plan terms [supply terms] and not in accordance with the terms of this Plan). An Employer's election under Election 42(d) must: (i) be objectively determinable; (ii) not be subject to Employer discretion; and

Specified Valuation Dates. [Note: The Employer under Election 42(d) may describe Valuation Dates from the elections available under Election 42 and/or a combination thereof as to any: (i) Contribution Type (e.g., No additional Valuation Dates apply as to Employer Nonelective Contribution Accounts. The last day of each Plan Year quarter applies to Matching Contribution Accounts); (ii) investment type, investment vendor or Account type (e.g., No additional Valuation Dates apply to investments placed with vendor A and Daily Valuation Dates apply to investments placed with vendor B OR Daily Valuation Dates apply to Participant-Directed Accounts and no additional Valuation Dates apply to pooled Accounts); and/or (iii) merged plan account now held in the Plan (e.g., The accounts from the X plan merged into this Plan continue to be subject to Trust valuation in accordance with the X plan terms [supply terms] and not in accordance with the terms of this Plan). An Employer's election under Election 42(d) must: (i) be objectively determinable; (ii) not be subject to Employer discretion; and