Common use of Fractional Shares and Liquidation Clause in Contracts

Fractional Shares and Liquidation. A fractional share is defined as less that one full share of an equity or ETF. Fractional shares are not eligible for purchase in your Account(s). You acknowledge and agree that when you direct Ameriprise Financial Services to reinvest equity and ETF dividends into your Account(s), where allowed, you are

Fractional Shares and Liquidation. A fractional share is defined as less that one full share of an equity or ETF. Fractional shares are not eligible for purchase in your Account(s). You Account(s).You acknowledge and agree that when you direct Ameriprise Financial Services to reinvest equity and ETF dividends into your Account(s), where allowed, you are

Fractional Shares and Liquidation. Process A fractional share is defined as less that one full share of an equity or ETF. Fractional shares are not eligible for purchase in your Account(s). You acknowledge and agree that when you direct Ameriprise Financial Services to reinvest equity and ETF dividends into your Account(s), where allowed, you areare directing us to purchase additional shares on your behalf in an amount equal to the amount of the dividend proceeds and this will generally result in us purchasing a fractional share of the applicable equity or ETF on your behalf.

Fractional Shares and Liquidation. A fractional share is defined as less that one full share of an equity or ETF. Fractional shares are not eligible for purchase in your Account(s). You acknowledge and agree that when you direct Ameriprise Financial Services to reinvest equity and ETF dividends into your Account(s), where allowed, you areare “Execution Services”. You understand that the liquidation