Common use of Disclosures and Voting Clause in Contracts

Disclosures and Voting. The Custodian shall deliver to Applicant/Plan Participant, or cause to be executed and delivered to Applicant/Plan Participant all notices, prospectuses, financial statements, proxies and proxy soliciting materials relating to assets credited to the account. The Custodian shall not vote any shares of stock or take any other action, pursuant to such documents, with respect to such assets except upon receipt by the Custodian of written instructions from Applicant/Plan Participant that the Custodian, in its sole discretion, finds to be adequate.

Appears in 4 contracts

Samples: Custodial Agreement, Custodial Agreement, Simple Ira

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Disclosures and Voting. The Custodian shall deliver to Applicant/Plan Participantdeliver, or cause to be executed and delivered delivered, to Applicant/Plan Participant the Designated Beneficiary, Depositor or Responsible Individual all notices, prospectuses, financial statements, proxies and proxy soliciting materials relating to assets credited to the account. The Custodian shall not vote any shares of stock or take any other action, pursuant to such documents, with respect to such assets except upon receipt by the Custodian of adequate written instructions from Applicant/Plan Participant that the CustodianDesignated Beneficiary, in its sole discretion, finds to be adequate.Depositor or Responsible Individual

Appears in 1 contract

Samples: usbrokerageinc.com

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