Investment Election. I direct that the amount I have deferred pursuant to Section 1 of this Agreement shall be deemed to be invested in the following Investment Funds in the percentages indicated: (must be increments of 1%) % Fidelity Retirement Money Market Portfolio % PIMCO Total Return Fund — Administrative Class (1) % Oakmark Equity and Income Fund — Class 1 % Washington Mutual Investors Fund—Class A % Fidelity Dividend Growth Fund % Vanguard Institutional Index Fund — Institutional Class % Fidelity Mid-Cap Stock Fund (2) % American AAdvantage Small Cap Value Fund—Plan Ahead Class % FMA Small Company Portfolio-Institutional Class % Wasatch Small Cap Growth Fund % Fidelity Diversified International Fund (3) % Xxxxxxxxx World Fund—Class A (4) % The Progressive Corporation Stock Fund
(1) There is a short-term trading fee of 2.0% for shares held less than 7 days on the PIMCO Total Return Fund—Administrative Class.
(2) There is a short-term trading fee of 0.75% for shares held less than 30 days on Fidelity Mid-Cap Stock Fund.
(3) There is a short-term trading fee of 1.0% for shares held less than 30 days on Fidelity Diversified International Fund.
(4) There is a short-term trading fee of 2.0% for shares held less than 7 days on the Xxxxxxxxx World Fund—Class A. I understand that I may transfer amounts among Investment Funds only to the extent permitted by the Plan. I also understand that this investment election is merely a device used to determine the amount payable to me under the Plan and does not provide me with any actual rights or interests in any particular funds, securities or property of the Company, any Affiliated Company or the Trust, in any stock of The Progressive Corporation or in any investment funds offered under the Plan. I also understand that my right to receive distributions under the Plan makes me a general creditor of the Company with no greater priority than any other general creditor of the Company.
Investment Election. A Participant who has established any Account within the Plan shall, by filing a written direction with the Plan Administrator, specify the percentage of his Accounts which are to be invested in each of the Investment Options described in Section 11.02. The Plan Administrator may limit the percentage alternatives available in a uniform and non-discriminatory manner. Any investment direction given by a Participant shall be deemed to be a continuing direction until changed.
Investment Election. Pursuant to Section 2 of the Agreement, I hereby express my desire that x the amount of my trustee fees deferrals which are paid to Allmerica Financial Life Insurance and Annuity Company shall be invested as set forth below. Percentage Description of Investment Vehicle 30 % Select Value Opportunity Fund % 20 % Select Emerging Markets Fund % % % 30 % Select Growth and Income Fund % 20 % Investment Grade Income Fund % 100 % Total (must be 100%) I understand that the deemed investment election which I have made pursuant to the Agreement shall remain in effect until such time as I submit a new Investment Election to the Board of Investment and the Board of Investment has a reasonable time to act thereon. I recognize in accordance with Section 2 of the Agreement that the Board of Investment is not required to follow my investment elections and that such Board of Investment and any member thereof shall have no liability to me for the failure to so invest my salary deferrals. Signed this 27th day of December, 2000. /s/ Xxxxxx X. Xxxxxxxxx (Signature of Trustee) Xxxxxx X. Xxxxxxxxx (Print or Type Name of Trustee) FIRST AMENDMENT TO DEFERRED COMPENSATION AGREEMENT is made and entered into as of this 18th, of September 2003, by and between Belmont Savings Bank, a Massachusetts savings bank organized under Massachusetts General Laws, Chapter 168, with its principal office and place of business at Two Xxxxxxx Street, Belmont, Massachusetts (“Bank”) and Xxxxxx X. Xxxxxxxxx, an individual who is currently serving as a Trustee of the Bank (“Trustee”).
Investment Election. A Participant shall make an investment election in the manner and form prescribed by the Insurance Company. The investment election shall specify the percentage that Salary Reduction Contributions and Rollover Contributions, as applicable, shall be allocated between the General Account and the Sub-Accounts of the Separate Account. The percentages specified in any investment election must be in multiples of ten percent (10%) and the sum of such percentages must equal one hundred percent (100%). A Participant's investment election shall remain in effect until the Participant changes the investment election, in the manner prescribed by the Insurance Company.
Investment Election. I elect the following account type and investment carrier for my Supplemental Retirement Account contributions. (Investment carrier on-line enrollment must be completed when establishing new account.)
Investment Election. Each Participant may direct the Custodian to invest Contributions (and loan repayments) posted to his or her Accounts and other amounts allocated and posted to the Participant’s Account in one or more Investment Funds; provided, however, that a separate Investment Election is required for Rollover Contributions. If a Participant does not have a valid Investment Election on file, his or her Investment Election will be deemed to be a 100% election of the Investment Fund designated by the Administrator as the default option, as indicated in Appendix 1.50. If the Participant elects to have any such Contributions made on his or her behalf invested in more than one Investment Fund, he or she must designate in whole multiples of one percent (1%) what percentage of the Contribution is to be invested in each such Investment Fund. Notwithstanding the above, no Investment Election may be made by a Participant or Beneficiary which directs the investment of any Contributions into the PepsiCo Stock Fund.
Investment Election. Each Participant may direct the Custodian, by submission to the responsible Named Fiduciary of an Investment Election, to invest Contributions (and loan repayments) posted to his or her Accounts and other amounts allocated and posted to the Participant’s Account in one or more Investment Funds; provided, however, that a separate Investment Election is required for Rollover Contributions. If a Participant does not have a valid Investment Election on file, his or her Investment Election will be deemed to be a 100% election of the Fixed Income Fund. If the Participant elects to have any such Contributions made on his or her behalf invested in more than one Investment Fund, he or she must designate in whole multiples of one percent (1%) what percentage of the Contribution is to be invested in each such Investment Fund. Notwithstanding the above and effective as of May 21, 1999, no Investment Election may be made by a Participant or Beneficiary which directs the investment of any Contributions into the PepsiCo Stock Fund.
Investment Election. I elect to have my deferral track the performance of the following investment funds in the allocation percentages indicated below (must be in whole percentages).
Investment Election. Pursuant to Section 2 of the Agreement, I hereby express my desire that x the amount of my trustee fees deferrals which are paid to Allmerica Financial Life Insurance and Annuity Company shall be invested as set forth below. Percentage Description of Investment Vehicle 20 % Select Value Opportunity Fund % 20 % Select Emerging Markets Fund % 20 % Equity Index Fund % 20 % Select Growth and Income Fund % 20 % Investment Grade Income Fund % 100 % Total (must be 100%) I understand that the deemed investment election which I have made pursuant to the Agreement shall remain in effect until such time as I submit a new Investment Election to the Board of Investment and the Board of Investment has a reasonable time to act thereon. Signed this 30th day of November, 1998. /s/ Xxxxxx X. Xxxxxxxxx (Signature of Trustee) Xxxxxx X. Xxxxxxxxx (Print or Type Name of Trustee) I, Xxxxxx X. Xxxxxxxxx a Trustee of Belmont Savings Bank (“Bank”) who maintains a Deferred Compensation Agreement (“Agreement”) with said Bank hereby make the following elections:
Investment Election. (a) Each Class B Partner who or that is an "accredited investor" within the meaning of Rule 501(a) of Regulation D under the Securities Act of 1933, as amended, (the "Securities Act") may elect (each such election, an "Investment Election", and each such Class B Partner so electing, an "Investing Partner"), on the terms and subject to the conditions set forth in this Section 3.2, to contribute such Investing Partner's Interest to the Buyer or Macerich LLC in exchange for Preferred Units in lieu of selling such Interests to the Buyer or Macerich LLC for cash pursuant to Article II hereof.
(b) Each such Class B Partner shall make his, her or its Investment Election by submitting an election form in substantially the form of Exhibit C hereto (each, an "Election Form") and therein specifying whether such Partner desires to contribute all (but not less than all) of his, her or its Interests to the Buyer in exchange for Preferred Units. For the avoidance of doubt, if the Buyer does not receive an Election Form duly completed and executed as provided in Section 3.2 (c) below by the Election Deadline, from a Class B Partner, then such Class B Partner will be deemed to have elected to sell his, her or its Interest for cash pursuant to Article II hereof.
(c) An Investment Election shall have been validly made only if the Buyer shall have received by 12:00 p.m. (Arizona time) on a date (the "Election Deadline") to be mutually agreed by the Company and the Buyer (which date shall not be later than the fifth Business Day following the date on which the Company mails or otherwise transmits the Election Forms to the Class B Limited Partners), an Election Form properly completed and executed by the relevant Class B Partner. Any Class B Partner who has made an Investment Election may at any time prior to the Election Deadline change such Partner's election by submitting a revised Election Form, properly completed and executed that is received by the Buyer prior to the Election Deadline. Any Class B Partner may at any time prior to the Election Deadline revoke his, her or its election.
(d) The Buyer shall not issue fractional Preferred Units. In lieu of the issuance of any fractional Preferred Unit, the Buyer shall round any fractional amount to the nearest whole number of Preferred Units.
