Investment Direction Clause Samples
The Investment Direction clause defines who has the authority to decide how and where funds are invested under an agreement. Typically, this clause specifies whether the investor, fund manager, or another designated party is responsible for making investment choices, and may outline any limitations or guidelines they must follow. Its core practical function is to ensure clarity and prevent disputes by explicitly assigning responsibility for investment decisions, thereby reducing the risk of unauthorized or inappropriate investments.
Investment Direction. 1. The Custodian shall invest the Custodial Account in accordance with the investment directions of the Contributor in connection with the opening of the Custodial Account.
2. The Custodian will comply with the investment directions given by any subsequent contributor to the Custodial Account with respect to the contribution made by that contributor.
3. At all times after the date of a contribution, the Custodian will comply with the investment directions of the Responsible Individual with respect to all of the Custodial Account.
4. Any contributions received by the Custodian under this ▇▇▇▇▇▇▇▇▇ ESA Custodial Agreement for which the Custodian does not contemporaneously receive investment directions may, at the sole discretion of the Custodian, be returned to the contributor, be held uninvested until investment direction is received from the contributor, in either case without such funds being deemed contributed to the Custodial Account, or be invested in accordance with the last investment directions by the Responsible Individual, or, if no such investment directions have been given and the Contributor was not the same person as the Responsible Individual, then in accordance with the investment directions given by the Contributor with respect to the initial contribution.
Investment Direction. Where a separate Account has been established on behalf of an Alternate Payee and has not yet been distributed, the Alternate Payee may direct the investment of such Account in the same manner as if he or she were a Participant.
Investment Direction. The Advisor will manage the Accounts in accordance with the Advisor’s best judgment and in compliance with the guidelines attached as Schedule A (the “Investment Guidelines”), as they may be modified from time to time by the written agreement of the Advisor and the Sponsor on behalf of the Trust; provided, that the restrictions set forth in part C of the Investment Guidelines shall be strictly observed by the Advisor, without deviation of any nature whatsoever.
Investment Direction. Sponsor will manage the Funds in accordance with Sponsor’s best judgment and consistent with the Funds’ investment objectives and investment strategies outlined in the Funds’ prospectus and registration statement on Form S-1.
Investment Direction. A. Members shall be entitled to designate what percentage of employee contributions and employer contributions made on their behalf will be invested in the various Investment Funds offered by the Employer as specified in Section VI of this Adoption Agreement; provided, however, that the following portions of a Member's Account must be invested in the Employer Stock Fund (choose whichever shall apply):
1. Employer Profit Sharing Contributions
2. Employer Matching Contributions
3. Employer Basic Contributions
4. Employer Supplemental Contributions
Investment Direction. Members shall be entitled to designate what percentage of employee contributions and employer contributions made on their behalf will be invested in the various Investment Funds offered by the Employer.
Investment Direction. [ ] (A) EMPLOYER INVESTMENT DIRECTION Employer investment direction provisions, as set forth in Article XIII of the Basic Plan Document #04, shall be applicable as to the following:
(i) All monies.
(ii) Employer Discretionary and Matching Monies. [ ] (iii) Employer Discretionary Monies excluding Matching Monies. [ ] (iv) Employer Matching Monies only. [X] (B) EMPLOYER INVESTMENT DIRECTION Employee investment direction provisions, as set forth in Article XIII of the Basic Plan Document #04, shall be applicable to all monies not directed by Employer. If no answer is specified, Employee Investment Direction will apply.
Investment Direction. A. Members shall be entitled to designate what percentage of employee contributions and employer contributions made on their behalf will be invested in the various Investment Funds offered by the Employer as specified in Section VIII of this Adoption Agreement except;
1. The following portions of a Member’s Account will be invested at the Employer’s direction (choose whichever shall apply):
a) ¨ Employer Profit Sharing Contributions Shall be invested in: ¨ Employer Stock Fund. ¨ Employer Certificate of Deposit Fund. ¨ Any Investment Fund or Funds offered by the Employer.
b) ¨ Employer Matching Contributions Shall be invested in: ¨ Employer Stock Fund. ¨ Employer Certificate of Deposit Fund. ¨ Any Investment Fund or Funds offered by the Employer.
c) ¨ Employer Basic Contributions Shall be invested in: ¨ Employer Stock Fund ¨ Employer Certificate of Deposit Fund ¨ Any Investment Fund or Funds offered by the Employer
d) ¨ Employer Supplemental Contributions Shall be invested in: ¨ Employer Stock Fund ¨ Employer Certificate of Deposit Fund ¨ Any Investment Fund or Funds offered by the Employer e) ¨ Employer Qualified Nonelective Contributions Shall be invested in: ¨ Employer Stock Fund ¨ Employer Certificate of Deposit Fund ¨ Any Investment Fund or Funds offered by the Employer f) ¨ Employer Safe Harbor CODA Contributions under Section 3.14 of the Plan Shall be invested in: ¨ Employer Stock Fund ¨ Employer Certificate of Deposit Fund ¨ Any Investment Fund or Funds offered by the Employer
2. ¨ Amounts invested at the Employer’s direction may not be transferred by the Member to any other Investment Fund.
3. ¨ Notwithstanding this election in 2, a Member may transfer such amounts to any other Investment Fund upon (choose whichever may apply):
a) ¨ the attainment of age (insert 45 or greater)
b) ¨ the completion of (insert 10 or greater) Years of Employment
c) ¨ the attainment of age plus Years of Employment equal to (insert 55 or greater)
B. A Member may change his or her investment direction (choose 1, 2, or 3):
1. x 1 time per business day.
Investment Direction. In order to provide for an accumulation of assets comparable to the contractual liabilities accruing under the Plan, the Sponsor may direct the Trustee in writing to invest the assets held in the Trust to correspond to the hypothetical investments made for Participants under the Plan. Such directions may be made by Plan participants by use of the telephone exchange system maintained for such purposes by the Trustee or its agent. In the event that the Trustee fails to receive a proper direction from the Sponsor or from Participants, the assets in question shall be invested in Fidelity Retirement Money Market Fund, or such other fund designated by the Sponsor for this purpose, until the Trustee receives a proper direction.
Investment Direction. A. Members shall be entitled to designate what percentage of employee contributions and employer contributions made on their behalf will be invested in the various Investment Funds offered by the Employer as specified in Section VI of this Adoption Agreement; provided, however, that the following portions of a Member's Account must be invested in the Employer Stock Fund or, if applicable, the Employer Certificate of Deposit Fund (choose whichever shall apply):
1. Employer Profit Sharing Contributions
2. Employer Matching Contributions
3. Employer Basic Contributions
4. Employer Supplemental Contributions
5. Employer Qualified Nonelective Contributions
B. Amounts invested in the Employer Stock Fund or, if applicable, the Employer Certificate of Deposit Fund may not be transferred to any other Investment Fund.
1. Notwithstanding this election in B, a Member may transfer such amounts upon (choose whichever may apply):
(a) the attainment of age___(insert 45 or greater)
(b) the completion of___(insert 10 or greater) years of employment
(c) the attainment of age plus years of employment equal to__(insert 55 or greater)
C. A Member may change his or her investment direction (choose 1,2, or 3):
1. X 1 time per business day.