SDB OPTION definition
Examples of SDB OPTION in a sentence
The BOARD agrees to abide by the SDB OPTION Policies, as amended from time to time, delivered to the BOARD by the SDB Option provider and/or EMPOWER.
EMPOWER agrees to provide the SDB OPTION, as described in the Self Directed Brokerage Account Option Policies and Procedures (SDB OPTION Policies).
Fees are payable by the PARTICIPANTS as described in the SDB OPTION Policies.
With the exception of the SDB OPTION, all fees EMPOWER and/or one or more of its affiliates receives from mutual fund families and other INVESTMENT PROVIDERS for providing certain administrative or other services (revenue) will be credited by EMPOWER to PARTICIPANTS with balances in the revenue-paying funds on the processing date.
The SDB Option provider will deduct commissions and/or fees directly from PARTICIPANTS’ SDB OPTIONS, as described in the SDB OPTION Policies.
With the exception of the SDB OPTION, EMPOWER will disclose and remit all shareholder service fees and reallowances it receives from the PLAN’s INVESTMENT PROVIDERS into the PLAN ADMINISTRATIVE ACCOUNT established and maintained on EMPOWER’s recordkeeping system.
With the exception of the SDB OPTION, EMPOWER's compensation for performing services required under this CONTRACT shall be as outlined below.
The BOARD has selected a provider for the Self-Directed Brokerage Option (SDB OPTION).