Common use of Employer Securities Clause in Contracts

Employer Securities. A. If the Employer makes available an Employer Stock Fund pursuant to Section VIII of this Adoption Agreement, then voting and tender offer rights with respect to Employer Stock shall be delegated and exercised as follows (choose 1 or 2): 1. Each Member shall be entitled to direct the Plan Administrator as to the --- voting and tender or exchange offer rights involving Employer Stock held in such Member's Account, and the Plan Administrator shall follow or cause the Trustee to follow such directions. If a Member fails to provide the Plan Administrator with directions as to voting or tender or exchange offer rights, the Plan Administrator shall exercise those rights as it determines in its discretion and shall direct the Trustee accordingly. 2. The Plan Administrator shall direct the Trustee as to the voting of all --- Employer Stock and as to all rights in the event of a tender or exchange offer involving such Employer Stock.

Employer Securities. A. If the Employer makes available an Employer Stock Fund pursuant to Article IV, Section VIII 4.3 of this Adoption Agreementthe Plan, then voting and tender offer rights with respect to Employer Stock shall be delegated and exercised as follows (choose 1 or 21, 2 and/or 3): 1. ¨ Each Member shall be entitled to direct the Plan Administrator as to the --- voting and tender or exchange offer rights involving Employer Stock held in such Member's ’s Account, and the Plan Administrator shall follow or cause the Trustee to follow such directions. If a Member fails to provide the Plan Administrator with directions as to voting or tender or exchange offer rights, the Plan Administrator shall exercise those rights as it determines in its discretion and shall direct the Trustee accordingly. 2. ¨ The Plan Administrator shall direct the Trustee as to the voting of all --- Employer Stock and as to all rights in the event of a tender or exchange offer involving such Employer Stock.

Employer Securities. A. If the Employer makes available an Employer Stock Fund pursuant to Section VIII of this Adoption Agreement, then voting and tender offer rights with respect to Employer Stock shall be delegated and exercised as follows (choose 1 or 2): 1. ¨ Each Member shall be entitled to direct the Plan Administrator as to the --- voting and tender or exchange offer rights involving Employer Stock held in such Member's ’s Account, and the Plan Administrator shall follow or cause the Trustee to follow such directions. If a Member fails to provide the Plan Administrator with directions as to voting or tender or exchange offer rights, the Plan Administrator shall exercise those rights as it determines in its discretion and shall direct the Trustee accordingly. 2. ¨ The Plan Administrator shall direct the Trustee as to the voting of all --- Employer Stock and as to all rights in the event of a tender or exchange offer involving such Employer Stock.

Employer Securities. A. If the Employer makes available an Employer Stock Fund pursuant to Article IV, Section VIII 4.3 of this Adoption Agreementthe Plan, then voting and tender offer rights with respect to Employer Stock shall be delegated and exercised as follows (choose 1 or 21, 2 and/or 3): 1. [X] Each Member shall be entitled to direct the Plan Administrator as to the --- voting and tender or exchange offer rights involving Employer Stock held in such Member's ’s Account, and the Plan Administrator shall follow or cause the Trustee to follow such directions. If a Member fails to provide the Plan Administrator with directions as to voting or tender or exchange offer rights, the Plan Administrator shall exercise those rights as it determines in its discretion and shall direct the Trustee accordingly. 2. [_] The Plan Administrator shall direct the Trustee as to the voting of all --- Employer Stock and as to all rights in the event of a tender or exchange offer involving such Employer Stock.

Employer Securities. A. If the Employer makes available an Employer Stock Fund pursuant to Article IV, Section VIII 4.3 of this Adoption Agreementthe Plan, then voting and tender offer rights with respect to Employer Stock shall be delegated and exercised as follows (choose 1 or 21, 2 and/or 3): 1. X Each Member shall be entitled to direct the Plan Administrator as to the --- voting and tender or exchange offer rights involving Employer Stock held in such Member's ’s Account, and the Plan Administrator shall follow or cause the Trustee to follow such directions. If a Member fails to provide the Plan Administrator with directions as to voting or tender or exchange offer rights, the Plan Administrator shall exercise those rights as it determines in its discretion and shall direct the Trustee accordingly. 2. The Plan Administrator shall direct the Trustee as to the voting of all --- Employer Stock and as to all rights in the event of a tender or exchange offer involving such Employer Stock.

Employer Securities. A. If the Employer makes available an Employer Stock Fund pursuant to Section VIII of this Adoption Agreement, then voting and tender offer rights with respect to Employer Stock shall be delegated and exercised as follows (choose 1 or 2): 1. Each Member shall be entitled to direct the Plan Administrator as to the --- voting and tender or exchange offer rights involving Employer Stock held in such Member's Account, ,and the Plan Administrator shall follow or cause the Trustee to follow such directions. If a Member fails to provide the Plan Administrator with directions as to voting or tender or exchange offer rights, the Plan Administrator shall exercise those rights as it determines in its discretion and shall direct the Trustee accordingly. 2. The Plan Administrator shall direct the Trustee as to the voting of all --- Employer Stock and as to all rights in the event of a tender or exchange offer involving such Employer Stock.

Employer Securities. A. If the Employer makes available an Employer Stock Fund pursuant to Section VIII of this Adoption Agreement, then voting and tender offer rights with respect to Employer Stock shall be delegated and exercised as follows (choose 1 or 2): 1. [X] Each Member shall be entitled to direct the Plan Administrator as to the --- voting and tender or exchange offer rights involving Employer Stock held in such Member's Account, and the Plan Administrator shall follow or cause the Trustee to follow such directions. If a Member fails to provide the Plan Administrator with directions as to voting or tender or exchange offer rights, the Plan Administrator shall exercise those rights as it determines in its discretion and shall direct the Trustee accordingly. 2. [ ] The Plan Administrator shall direct the Trustee as to the voting of all --- Employer Stock and as to all rights in the event of a tender or exchange offer involving such Employer Stock.

Employer Securities. A. If the Employer makes available an Employer Stock Fund pursuant to Article IV, Section VIII 4.3 of this Adoption Agreementthe Plan, then voting and tender offer rights with respect to Employer Stock shall be delegated and exercised as follows (choose 1 or 21, 2 and/or 3): 1. _X Each Member shall be entitled to direct the Plan Administrator as to the --- voting and tender or exchange offer rights involving Employer Stock held in such Member's ’s Account, and the Plan Administrator shall follow or cause the Trustee to follow such directions. If a Member fails to provide the Plan Administrator with directions as to voting or tender or exchange offer rights, the Plan Administrator shall exercise those rights as it determines in its discretion and shall direct the Trustee accordingly. 2. The Plan Administrator shall direct the Trustee as to the voting of all --- Employer Stock and as to all rights in the event of a tender or exchange offer involving such Employer Stock.