Common use of Termination of Agreement, Resignation, or Removal of Custodian Clause in Contracts

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX IRA within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX IRA assets to a successor Xxxx XXX IRA trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX IRA to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX IRA • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX IRA If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX IRA to you in cash or property if the balance of your Xxxx XXX IRA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the otherother or in another manner and form acceptable to us. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we may, but shall not be required to, appoint a successor custodian that we choose in our sole discretion. Upon any such successor’s acceptance of appointment, we shall have the right to transfer your Xxxx XXX assets to a such successor Xxxx XXX trustee or custodian that we choose in our sole discretioncustodian, or we may pay distribute your Xxxx XXX assets to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section, nor for any losses arising out of such. If this agreement Agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. : • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) ), and we fail to do so so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX SIMPLE IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX SIMPLE IRA within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX SIMPLE IRA assets to a successor Xxxx XXX SIMPLE IRA trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX SIMPLE IRA to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX SIMPLE IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX SIMPLE IRA • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX SIMPLE IRA If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX SIMPLE IRA to you in cash or property if the balance of your Xxxx XXX SIMPLE IRA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party the custodian or the responsible individual may terminate this agreement at any time by giving written notice to the other. We The custodian can resign as custodian at any time effective 30 days after we send sending written notice of our its resignation to youthe responsible individual. Upon receipt of that notice, you the responsible individual must make arrangements to transfer your Xxxx XXX the Xxxxxxxxx ESA to another financial organization. If you do the responsible individual does not complete a transfer of your Xxxx XXX the Xxxxxxxxx ESA within 30 days from the date we send the custodian sends the notice to youthe responsible individual, we have the custodian has the right to transfer your Xxxx XXX the Xxxxxxxxx ESA assets to a successor Xxxx XXX Xxxxxxxxx ESA trustee or custodian that we choose the custodian chooses in our its sole discretion, or we the custodian may pay your Xxxx XXX the Xxxxxxxxx ESA balance to you the designated beneficiary in a single sum. We The custodian will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you the designated beneficiary may incur that result from the transfer or distribution of your the Xxxxxxxxx ESA assets pursuant to this section. If this agreement is terminated, we the custodian may charge to your Xxxx XXX the Xxxxxxxxx ESA a reasonable amount of money that we believe it believes is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX the Xxxxxxxxx ESA • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX the Xxxxxxxxx ESA If we are the custodian is a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail fails to do so or we are the custodian is not keeping the records, making the returns, returns or sending the statements as are required by forms or regulations, the IRS may require us the custodian to substitute another trustee or custodian. We The custodian may establish a policy requiring distribution of the entire balance of your Xxxx XXX this Xxxxxxxxx ESA to you the designated beneficiary in cash or property if the balance of your Xxxx XXX this Xxxxxxxxx ESA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e1.408‐2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your inherited Xxxx XXX to another financial organization. If you do not complete a transfer of your inherited Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your inherited Xxxx XXX assets to a successor inherited Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your inherited Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your inherited Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your inherited Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your inherited Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your inherited Xxxx XXX to you in cash or property if the balance of your inherited Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX inherited IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX inherited IRA within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX inherited IRA assets to a successor Xxxx XXX inherited IRA trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX inherited IRA to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX inherited IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX inherited IRA • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX inherited IRA If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX inherited IRA to you in cash or property if the balance of your Xxxx XXX inherited IRA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX SIMPLE IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX SIMPLE IRA within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX SIMPLE IRA assets to a successor Xxxx XXX SIMPLE IRA trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX SIMPLE IRA to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX SIMPLE IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX SIMPLE IRA • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX SIMPLE IRA If we are a nonbank custodian required to comply with Regulations section 1.408-2(e1.408‐2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX SIMPLE IRA to you in cash or property if the balance of your Xxxx XXX SIMPLE IRA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e1.408‐2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX custodian or trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. : • Any any fees, expenses, expenses or taxes chargeable against your Xxxx XXX XXX; • Any any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX XXX. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) ), and we fail to do so so, or we are not keeping the records, making the returns, returns or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX custodian or trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will shall not be liable for any actions ac- tions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary neces- sary to cover any associated costs, including but not limited to to, one or more of the following. : • Any fees, expenses, or taxes chargeable against your Xxxx XXX XXX; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment invest- ment in your Xxxx XXX XXX. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) Section 1.408–2(e), and we fail to do so so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy establishedestab- lished.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX custodian or trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. : • Any any fees, expenses, expenses or taxes chargeable against your Xxxx XXX XXX; • Any any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX XXX. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) 1.408–2(e), and we fail to do so so, or we are not keeping the records, making the returns, returns or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX IRA within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx XXX IRA assets to a successor Xxxx XXX IRA custodian or trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX IRA to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee succes- sor custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. : • Any fees, expenses, or taxes chargeable against your Xxxx XXX IRA; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX IRA. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) Section 1.408–2(e), and we fail to do so so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX IRA to you in cash or property if the balance of your Xxxx XXX IRA drops below the minimum balance bal- ance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX IRA within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx XXX IRA assets to a successor Xxxx XXX IRA custodian or trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX IRA to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. : • Any fees, expenses, or taxes chargeable against your Xxxx XXX IRA; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment invest- ment in your Xxxx XXX IRA. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) Section 1.408–2(e), and we fail to do so so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX IRA to you in cash or property if the balance of your Xxxx XXX IRA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx SIMPLE XXX to another financial organization. If you do not complete a transfer of your Xxxx SIMPLE XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx SIMPLE XXX assets to a successor Xxxx SIMPLE XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx SIMPLE XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx SIMPLE XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx SIMPLE XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx SIMPLE XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx SIMPLE XXX to you in cash or property if the balance of your Xxxx SIMPLE XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. section.‌‌‌‌‌‌‌‌‌‌ If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your inherited Xxxx XXX to another financial organization. If you do not complete a transfer of your inherited Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your inherited Xxxx XXX assets to a successor inherited Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your inherited Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your inherited Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your inherited Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your inherited Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e1.408‐2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your inherited Xxxx XXX to you in cash or property if the balance of your inherited Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx XXX assets to a successor succes- sor Xxxx XXX custodian or trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. : • Any fees, expenses, or taxes chargeable against your Xxxx XXX XXX; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX XXX. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) Section 1.408–2(e), and we fail to do so so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment invest- ment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX custodian or trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will shall not be liable for any actions ac- tions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary neces- sary to cover any associated costs, including but not limited to to, one or more of the following. : • Any fees, expenses, expenses or taxes chargeable against your Xxxx XXX XXX; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment invest- ment in your Xxxx XXX XXX. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) Section 1.408–2(e), and we fail to do so so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy establishedestab- lished.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX IRA within 30 days from the date we send the notice to you, we have the right right, but not the obligation, to transfer your Xxxx XXX IRA assets to a successor Xxxx XXX IRA trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX IRA to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • : ▪ Any fees, expenses, or taxes chargeable against your Xxxx XXX • IRA ▪ Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX IRA If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX IRA to you in cash or property if the balance of your Xxxx XXX IRA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving providing written notice to the other. We can resign as custodian Custodian at any time effective 30 thirty (30) days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organizationinstitution or complete an account closure request. If you do not complete a transfer or closure of your Xxxx XXX within 30 thirty (30) days from the date we send the notice to you, we have the right to transfer pay or distribute your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sumsum or assignment. We will not be liable for any actions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX XXX, a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. • :  Any fees, expenses, expenses or taxes chargeable against your Xxxx XXX • XXX;  Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX after you XXX account with us is closed. If there are additional assets remaining in or subsequently credited to your XXX account, we will endeavor to distribute or transfer such assets in accordance with your prior direction, but after offsetting any applicable administrative expenses and custodial fees (per our then current fee schedule). If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) ), and we fail to do so so, or we are not keeping the records, making the returns, returns or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee custodian or custodiantrustee.  We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX SIMPLE IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX SIMPLE IRA within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX SIMPLE IRA assets to a successor Xxxx XXX SIMPLE IRA trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX SIMPLE IRA to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX SIMPLE IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX SIMPLE IRA • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX SIMPLE IRA If we are a nonbank custodian required to comply with Regulations section 1.408-2(e1.408‑2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX SIMPLE IRA to you in cash or property if the balance of your Xxxx XXX SIMPLE IRA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX IRA within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx XXX IRA assets to a successor Xxxx XXX IRA custodian or trustee or custodian that we choose in our sole discretiondiscre- tion, or we may pay your Xxxx XXX IRA to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. : • Any fees, expenses, or taxes chargeable against your Xxxx XXX IRA; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX IRA. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) Section 1.408–2(e), and we fail to do so so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX IRA to you in cash or property if the balance of your Xxxx XXX IRA drops below the minimum balance bal- ance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving providing written notice to the other. We can resign as custodian Custodian at any time effective 30 thirty (30) days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organizationinstitution or complete an account closure request. If you do not complete a transfer or closure of your Xxxx XXX within 30 thirty (30) days from the date we send the notice to you, we have the right to transfer pay or distribute your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sumsum or assignment. We will not be liable for any actions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX XXX, a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. • :  Any fees, expenses, expenses or taxes chargeable against your Xxxx XXX • XXX;  Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX after you Xxxx XXX account with us is closed. If there are additional assets remaining in or subsequently credited to your Xxxx XXX account, we will endeavor to distribute or transfer such assets in accordance with your prior direction, but after offsetting any applicable administrative expenses and custodial fees (per our then current fee schedule). If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) ), and we fail to do so so, or we are not keeping the records, making the returns, returns or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee custodian or custodiantrustee.  We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective time. If we resign, Xxxxx-Xxxxxxxx Capital, LLC (“K-M Capital”) may designate and appoint a successor custodian within 90 days after we provide them with notice of our resignation. If K-M Capital does not designate a successor custodian within 90 days after receipt of that notice, then we will mail written notice to you of our resignation. Effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you are required to transfer your XXX to another financial organization and do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of K-M Capital or any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX IRA within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX IRA assets to a successor Xxxx XXX IRA trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX IRA to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any : (a)Any fees, expenses, or taxes chargeable against your Xxxx XXX • IRA; (b) Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX IRA. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX IRA to you in cash or property if the balance of your Xxxx XXX IRA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e1.408‐2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of You are not required to take a distribution from your Xxxx XXX at age 701⁄2. At your death, however, your beneficiaries must begin taking distributions in accordance with Article V and section 9.07 of this article. We will make no distributions to you in cash or property if the balance of from your Xxxx XXX drops below the minimum balance required under the applicable investment until you provide us with a written request for a distribution on a form provided by or policy establishedacceptable to us.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. •  Any fees, expenses, or taxes chargeable against your Xxxx XXX •  Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.required

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX IRA within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx XXX IRA assets to a successor Xxxx XXX IRA custodian or trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX IRA to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee succes- sor custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. : • Any fees, expenses, or taxes chargeable against your Xxxx XXX IRA; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX IRA. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) Section 1.408–2(e), and we fail to do so so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX IRA to you in cash or property if the balance of your Xxxx XXX IRA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the otherother or in another manner and form acceptable to us. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we may, but shall not be required to, appoint a successor custodian that we choose in our sole discretion. Upon any such successor's acceptance of appointment, we shall have the right to transfer your Xxxx XXX assets to a such successor Xxxx XXX trustee or custodian that we choose in our sole discretioncustodian, or we may pay distribute your Xxxx XXX assets to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section, nor for any losses arising out of such. If this agreement Agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. : • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) ), and we fail to do so so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX SIMPLE IRA to another financial organizationorganiza- tion. If you do not complete a transfer of your Xxxx XXX SIMPLE IRA within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx XXX SIMPLE IRA assets to a successor Xxxx XXX SIMPLE IRA custodian or trustee or custodian that we choose choose, in our sole discretion, or we may pay your Xxxx XXX SIMPLE IRA to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences conse- quences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX SIMPLE IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. : • Any fees, expenses, or taxes chargeable against your Xxxx XXX SIMPLE IRA; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX SIMPLE IRA. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) Section 1.408–2(e), and we fail to do so so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX SIMPLE IRA to you in cash or property if the balance of your Xxxx XXX SIMPLE IRA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party the custodian or the responsible individual may terminate this agreement at any time by giving written notice to the other. We The custodian can resign as custodian at any time effective 30 days after we send sending written notice of our its resignation to youthe responsible individual. Upon receipt of that notice, you the responsible individual must make arrangements to transfer your Xxxx XXX the Xxxxxxxxx ESA to another financial organization. If you do the responsible individual does not complete a transfer of your Xxxx XXX the Xxxxxxxxx ESA within 30 days from the date we send the custodian sends the notice to youthe responsible individual, we have the custodian has the right to transfer your Xxxx XXX the Xxxxxxxxx ESA assets to a successor Xxxx XXX Xxxxxxxxx ESA trustee or custodian that we choose the custodian chooses in our its sole discretion, or we the custodian may pay your Xxxx XXX the Xxxxxxxxx ESA balance to you the designated beneficiary in a single sum. We The custodian will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you the designated beneficiary may incur that result from the transfer or distribution of your the Xxxxxxxxx ESA assets pursuant to this section. If this agreement is terminated, we the custodian may charge to your Xxxx XXX the Xxxxxxxxx ESA a reasonable amount of money that we believe it believes is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX the Xxxxxxxxx ESA • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX the Xxxxxxxxx ESA If we are the custodian is a nonbank custodian required to comply with Regulations section 1.408-2(e1.408‐2(e) and we fail fails to do so or we are the custodian is not keeping the records, making the returns, returns or sending the statements as are required by forms or regulations, the IRS may require us the custodian to substitute another trustee or custodian. We The custodian may establish a policy requiring distribution of the entire balance of your Xxxx XXX this Xxxxxxxxx ESA to you the designated beneficiary in cash or property if the balance of your Xxxx XXX this Xxxxxxxxx ESA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx SIMPLE XXX to another financial organization. If you do not complete a transfer of your Xxxx SIMPLE XXX within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx SIMPLE XXX assets to a successor Xxxx SIMPLE XXX custodian or trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx SIMPLE XXX to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx SIMPLE XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. : • Any any fees, expenses, expenses or taxes chargeable against your Xxxx XXX SIMPLE XXX; • Any any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX SIMPLE XXX. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) ), and we fail to do so so, or we are not keeping the records, making the returns, returns or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx SIMPLE XXX to you in cash or property if the balance of your Xxxx SIMPLE XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX SIMPLE IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX SIMPLE IRA within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX SIMPLE IRA assets to a successor Xxxx XXX SIMPLE IRA trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX SIMPLE IRA to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX SIMPLE IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX SIMPLE IRA • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX SIMPLE IRA If we are a nonbank custodian required to comply with Regulations section 1.408-2(e1.408‐2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX SIMPLE IRA to you in cash or property if the balance of your Xxxx XXX SIMPLE IRA drops below the minimum balance required under the applicable investment or policy established.balance

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. This agreement shall also terminate upon the complete distribution of the assets of the custodial account. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e1.408‐2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX IRA within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx XXX IRA assets to a successor Xxxx suc- xxxxxx XXX custodian or trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX IRA to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. : • Any fees, expenses, or taxes chargeable against your Xxxx XXX IRA; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment invest- ment in your Xxxx XXX IRA. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) Section 1.408–2(e), and we fail to do so so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your inherited Xxxx XXX to another financial organization. If you do not complete a transfer of your inherited Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your inherited Xxxx XXX assets to a successor inherited Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your inherited Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your inherited Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your inherited Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your inherited Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your inherited Xxxx XXX to you in cash or property if the balance of your inherited Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective time. If we resign, Xxxxx-Xxxxxxxx Capital, LLC (“K-M Capital”) may designate and appoint a successor custodian within 90 days after we provide them with notice of our resignation. If K-M Capital does not designate a successor custodian within 90 days after receipt of that notice, then we will mail written notice to you of our resignation. Effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you are required to transfer your XXX to another financial organization and do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of K-M Capital or any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-1.408- 2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to Form 5305-RA under section 408A of the Internal Revenue Code. FORM (Rev. April 2017) transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-1.408- 2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement Agreement at any time by giving written notice to the other. We can resign as custodian Custodian at any time effective 30 days after we send mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX IRA within 30 days from the date we send mail the notice to you, we have the right to transfer your Xxxx XXX IRA assets to a successor Xxxx suc- xxxxxx XXX custodian or trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX IRA to you in a single sum. We will shall not be liable for any actions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement Agreement is terminated, we may charge to your Xxxx XXX IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. : • Any fees, expenses, or taxes chargeable against your Xxxx XXX IRA; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment invest- ment in your Xxxx XXX IRA. If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) Section 1.408–2(e), and we fail to do so so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX IRA to you in cash or property if the balance of your Xxxx XXX IRA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.required

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this agreement at any time by giving providing written notice to the other. We can resign as custodian Custodian at any time effective 30 thirty (30) days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX IRA to another financial organizationinstitution or complete an account closure request. If you do not complete a transfer or closure of your Xxxx XXX IRA within 30 thirty (30) days from the date we send the notice to you, we have the right to transfer pay or distribute your Xxxx XXX IRA assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sumsum or assignment. We will not be liable for any actions or failures to act on the part of any successor trustee custodian or custodiantrustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX IRA, a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to to, one or more of the following. • :  Any fees, expenses, expenses or taxes chargeable against your Xxxx XXX • IRA;  Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX IRA after you IRA account with us is closed. If there are additional assets remaining in or subsequently credited to your IRA account, we will endeavor to distribute or transfer such assets in accordance with your prior direction, but after offsetting any applicable administrative expenses and custodial fees (per our then current fee schedule). If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) ), and we fail to do so so, or we are not keeping the records, making the returns, returns or sending the statements as are required by forms or regulationsRegulations, the IRS may may, after notifying you, require us you to substitute another trustee custodian or custodiantrustee.  We may establish a policy requiring distribution of the entire balance of your Xxxx XXX IRA to you in cash or property if the balance of your Xxxx XXX IRA drops below the minimum balance required under the applicable investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party the custodian or the responsible individual may terminate this agreement at any time by giving written notice to the other. We The custodian can resign as custodian at any time effective 30 days after we send sending written notice of our its resignation to youthe responsible individual. Upon receipt of that notice, you the responsible individual must make arrangements to transfer your Xxxx XXX the Xxxxxxxxx ESA to another financial organization. If you do the responsible individual does not complete a transfer of your Xxxx XXX the Xxxxxxxxx ESA within 30 days from the date we send the custodian sends the notice to youthe responsible individual, we have the custodian has the right to transfer your Xxxx XXX the Xxxxxxxxx ESA assets to a successor Xxxx XXX Xxxxxxxxx ESA trustee or custodian that we choose the custodian chooses in our its sole discretion, or we the custodian may pay your Xxxx XXX the Xxxxxxxxx ESA balance to you the designated beneficiary in a single sum. We The custodian will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you the designated beneficiary may incur that result from the transfer or distribution of your the Xxxxxxxxx ESA assets pursuant to this section. If this agreement is terminated, we the custodian may charge to your Xxxx XXX the Xxxxxxxxx ESA a reasonable amount of money that we believe it believes is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX the Xxxxxxxxx ESA • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX the Xxxxxxxxx ESA If we are the custodian is a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail fails to do so or we are the custodian is not keeping the records, making the returns, returns or sending the statements as are required by forms or regulations, the IRS may require us the custodian to substitute another trustee or custodian. We Form 5305-EA under section 530 of the Internal Revenue Code. The custodian may establish a policy requiring distribution of the entire balance of your Xxxx XXX this Xxxxxxxxx ESA to you the designated beneficiary in cash or property if the balance of your Xxxx XXX this Xxxxxxxxx ESA drops below the minimum balance required under the applicable investment or policy established.