Self-Directed Account definition

Self-Directed Account means the account established on behalf of the Participant as described in ---------------------- Section 6.2.

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Self-Directed Account means an account, as designed by the BIC, in which the Participant may direct the purchase of mutual funds, exchange-traded funds and/or other investments through a trustee or custodian acting as trustee for purposes of directing investments, or in which the Participant may appoint an investment manager to direct the investment of the Participant’s Account. Separate accounts or subaccounts must be established to separately account for the self-direction of amounts attributable to a Participant’s Roth Contributions (including any Roth Conversion Amounts) and/or Roth Rollover Contributions Account(s) and amounts attributable to all of a Participants other Accounts.

Self-Directed Account means an account established for the investment and reinvestment of Tax Deferred Contributions, Voluntary Contributions, Rollover Contributions and vested Company and Matching Contributions upon the authorization of the Committee. Said Account may be invested only in authorized Investment Media. 3. Article 2 is hereby amended by adding the following Section 2.38:

Examples of Self-Directed Account in a sentence

In the case of a Self-Directed Account, although the Plan’s governing documents allow participant to direct investments of the Account, the Plan trustee(s) remains the legal owner of the assets in the Account, and the rules regarding withdrawals, contributions and other actions are primarily governed by the Plan documents, including any related trust agreement.
In the case of a Self-Directed Account, Client represents to LPL that the Plan’s governing documents (including any applicable adoption agreement) and laws governing the Plan permit the participant to self-direct his or her investment of all assets in the Account.
Where a corporate action results in a fractional entitlement to part of a share, the Firm will (i) in the case of corporate actions supported for fractional trading, issue such fractional entitlement to you or (ii) in the case of corporate actions not supported for fractional trading, credit your Self-Directed Account with the cash value in lieu of the fractional shares.
In the event of any corporate action in relation to securities held in your Self-Directed Account, the Firm will assign you to the default position, and where relevant, credit dividends or other payments into your Account or allocate securities to your Self-Directed Account.
In the case of a Self-Directed Account, Client represents to LPL that the Plan’s governing documents (including any applicable adoption agreement) and laws governing the Plan permit the participant to self- direct his or her investment of all assets in the Account.
BWIS will not be liable to you if you are unable to access your Self-Directed Account or place an order through the Online Investing Service.
The Company is dependent in particular upon the services of ▇▇▇▇▇ ▇.
Whether or not funds are available in your Self-Directed Account on trade date, you agree to pay by settlement date for any trade for which you place an order through Self-Directed Investing.
In particular, BWIS reserves the right upon notice to change its fees, to add fees for items for which it does not currently charge and to institute an inactivity fee for periods in which there is no fee-generating activity in your Self-Directed Account.
BWIS reserves the right to place restrictions on your Self-Directed Account in its sole discretion, and to cancel any order that we believe would violate federal credit regulations or other regulatory limitations; however, BWIS will have no responsibility or liability for failing to cancel any order.

More Definitions of Self-Directed Account

Self-Directed Account means an account established pursuant to the terms of the Plan as in effect on December 31, 1988 for the investment and reinvestment of Participant deductible and nondeductible contributions made prior to January 1, 1987 and rollover contributions made prior to January 1, 1989, at the discretion of the Participant.

Self-Directed Account means the portion of any Employee's account which the Employee has elected, pursuant to rules stated herein, to have transferred to assets selected by the Board of Trustees for investment direction by the Employee. The portion of the Plan consisting of the self-directed accounts shall be an ERISA § 404(c) Plan.