Common use of Employer Securities Clause in Contracts

Employer Securities. If the Employer so elects in the Adoption Agreement, the Employer and/or Members may direct that contributions will be invested in Qualifying Employer Securities (within the meaning of Section 407(d)(5) of ERISA) through the Employer Stock Fund.

Employer Securities. If the Employer so elects in the Adoption Agreement, the Employer and/or Members may direct that contributions will xxxx be invested in Qualifying Employer Securities (within the meaning of Section 407(d)(5) of ERISA) ERISA through the Employer Stock Fund.

Employer Securities. If the Employer so elects provided in the Adoption Agreement, the Employer and/or Members Participants may direct that contributions will be invested in Qualifying Employer Securities qualifying employer securities (within the meaning of Section section 407(d)(5) of ERISA) through ), subject to such restrictions as the Employer Stock FundEmployer, the Administrator or the Sponsor may impose for administrative convenience or legal compliance.