Publicly Traded Securities. The provisions of Section VI.B.5 of this Agreement shall not prevent Employee from acquiring or holding publicly traded stock or other public securities of a competing company, so long as Employee’s ownership does not exceed two percent (2%) of the outstanding securities of such company.
Publicly Traded Securities. Notwithstanding the foregoing, Employee may own, directly or indirectly, up to one percent (1%) of any class of “publicly traded securities” of any Person which owns or operates a business that is a Competing Business. For the purposes of this Section 1.3, “publicly traded securities” shall mean securities that are traded on a national securities exchange or listed on the Nasdaq National Market.
Publicly Traded Securities. If publicly-traded securities are to be included in the Depositor’s Custodial Account, orders shall be executed through a securities broker/dealer registered under the Securities Exchange Act of 1934 and designated by the Depositor upon such form as the Custodian may require. Any brokerage account maintained in connection herewith shall be in the Custodian’s name as the custodian of the Depositor’s account. The Custodian shall be authorized to honor transactions within the brokerage account without obligation to verify prior authorization of same by the Depositor. Any cash received by the brokerage account, whether as income or proceeds of transactions, may be held by the brokerage account pending directions, and the Custodian shall have no obligation to direct the broker to remit such cash until directed to do so by the Depositor, in writing, but may receive remittances without direction if the same are made by the broker. Investments outside the brokerage account shall be made in accordance with the other provisions of this Agreement. Any brokerage commissions attributable to the assets in the Depositor’s Account will be charged to the Depositor’s Account through the Depositor’s brokerage account. The Depositor cannot reimburse the Custodial Account for such commissions. Commissions or other fees may be received by the Custodian and/or the Custodian’s affiliates from third parties for assistance in performing certain services for the Depositor’s Account.
Publicly Traded Securities. The provisions of this Agreement shall not prevent Employee from acquiring or holding publicly traded stock or other public securities of a competing company, so long as Employee’s ownership does not exceed two percent (2%) of the outstanding securities of such company.
Publicly Traded Securities. If publicly traded securities are to be included in the Account, orders shall be executed through a broker/dealer registered under the Securities Exchange Act of 1934 designated by the Account Holder, upon such form as the Custodian may prescribe. Any brokerage or registered investment advisory account maintained in connection with the IRA Account must be registered as follows: M2 Trust, Custodian fbo (Account Holder’s name and IRA Account Number). The Custodian shall be authorized to honor transactions within such account without obligation to verify each and every transaction has been authorized by the Account Holder. Any cash received by the brokerage or advisory account, whether as income or proceeds from transactions, may be held in such account pending directions from the Account Holder and the Custodian shall have no obligation to direct the brokerage or advisory account to remit such cash to the Account until directed to do so by the Account Holder, but may receive remittances without direction if the same are made to the Custodian by the brokerage or advisory account. The Custodian shall assume that any individual securities broker, investment advisor, or securities/advisory firm selected by the Account Holder is at all times qualified to act in that capacity. Such person/entity will be responsible for the execution of securities orders placed by the Account Holder on behalf of his or her IRA Account. As noted in Article XII, Section 2, of this Agreement, the Authorized Agent may require the Account Holder to sign an agreement which sets forth, among other things, the responsibilities of each party regarding transactions for the Account. The Account Xxxxxx may appoint a replacement Authorized Agent at any time provided that he or she notifies the Custodian in writing and completes any form as the Custodian may prescribe. Investment directions may be given by the Account Holder directly to his or her Authorized Agent (in such manner as the Authorized Agent may require) and such Authorized Agent shall be responsible for the execution of such orders. If securities are purchased within such account requiring funds to be remitted by the Custodian (in order to make settlement), the Account Xxxxxx agrees to telephonically notify the Custodian or instruct his or her Authorized Agent to telephonically notify the Custodian about the trade date of the pending securities transaction and to request delivery of sufficient cash from the IRA Account as may be nec...
Publicly Traded Securities. If publicly‐traded securities are to be included in the specified investments, orders shall be executed through a securities broker/dealer registered under the Securities Exchange Act of 1934 designated by you upon such form as we may prescribe. Any brokerage account maintained in connection herewith shall be in our name as the Custodian of your account. We shall be authorized to honor transactions within the brokerage account without obligation to verify prior authorization of same by you. Any cash received by the brokerage account, whether as income or proceeds of transactions, may be held by the brokerage account pending directions, and we shall have no obligation to direct the broker to remit such cash until directed to do so by you, but may receive remittances without direction if the same are made by the broker. Investments outside the brokerage account shall be made in accordance with the other provisions of this Article.
Publicly Traded Securities. A Transfer of publicly-traded securities purchased on the open market, pursuant to a registration statement or through a registered broker/dealer or investment adviser;
Publicly Traded Securities. The provisions of this Appendix B of the Award Agreement shall not prevent Participant from acquiring or holding publicly traded stock or other public securities of a competing company, so long as Participant’s ownership does not exceed two percent (2%) of the outstanding securities of such company.
Publicly Traded Securities. Securities which are traded on the New York or American Stock Exchange in the U.S., or Canadian Stock Exchange in Canada, shall be accepted by the Non- Profit. It may be anticipated that such securities will be immediately sold by the Non-Profit. In no event shall an employee or volunteer working on behalf of the Non-Profit commit to a donor that a particular security will be held by the Non-Profit unless authorized to do so by an officer of the Non- Profit.
Publicly Traded Securities. Investments in securities that are listed on the NYSE are valued, except as indicated below, at the official closing price reflected at the close of the NYSE on the Business Day as of which such value is being determined. If there has been no published closing price on such day, the securities are valued at the mean of the closing bid and ask prices for the day or, if no ask price is available, at the bid price. Securities not listed on the NYSE but listed on other domestic or foreign securities exchanges are valued in a similar manner. Securities traded on more than one securities exchange are valued at the closing price of the exchange representing the principal market for such securities on the Business Day as of which such value is being determined. If, after the close of a domestic or foreign market, but prior to the close of business on the day the securities are being valued, market conditions change significantly, the domestic or foreign securities may be valued pursuant to procedures established by the Board. Securities traded in the over-the-counter market, such as fixed-income securities and certain equities, including listed securities whose primary market is believed by the Adviser to be over-the-counter, are valued at the official closing prices as reported by sources as the Board deems appropriate to reflect their fair market value. If there has been no official closing price on such day, the securities are valued at the mean of the closing bid and ask prices for the day or, if no ask price is available, at the bid price. Fixed-income securities typically will be valued on the basis of prices provided by a pricing service, generally an evaluated price or the mean of closing bid and ask prices obtained by the pricing service, when such prices are believed by the Adviser to reflect the fair market value of such securities. Furthermore, the Fund’s Adviser will review the valuation methodology of any pricing service used in the Fund’s investment valuation process, subject to oversight and/or approval of the Board. Short-term debt securities, which have a maturity date of 60 days or less, are valued at amortized cost, which approximates fair value. Investments in open-end mutual funds are valued at their closing NAV. Securities for which market prices are unavailable, or securities for which the Adviser determines that the market quotation is unreliable, will be valued at fair value pursuant to procedures approved by the Board. In these circumsta...
