Common use of Instructions to Custodian Clause in Contracts

Instructions to Custodian. The Custodian will process written directions from the Employee to make withdrawals in accordance with Section 5.2 below. However, the Employee must provide the Employer with sufficient information in its judgment to insure that withdrawals directed by the Employee comply with the requirements of this Article. No withdrawals will be processed upon the death of the Employee unless the Custodian has been notified in writing of the Employee's death, and the Custodian has been provided with verification of such death which is adequate in its judgment.

Instructions to Custodian. The Custodian will process written directions from the Employee to make withdrawals in accordance with Section 5.2 below. However, the Employee must provide the Employer with sufficient information in its judgment to insure that withdrawals directed by the Employee comply with the requirements of this Article. No withdrawals will be processed upon the death of the Employee unless the Custodian has been notified in writing of the Employee's ’s death, and the Custodian has been provided with verification of such death which is adequate in its judgment.