Investment Fund Elections. The Employer shall have full discretion in the direction of notional investments of Participants’ Accounts under the Plan; provided, however, that if the Employer so elects in the Adoption Agreement, each Participant may elect from among the Investment Funds for the notional investment of such of his Accounts as are permitted under the Adoption Agreement from time to time in accordance with procedures established by the Employer. The Administrator, in its discretion, may adopt (and may modify from time to time) such rules and procedures as it deems necessary or appropriate to implement the notional investment of the Participant’s Accounts. Such procedures may differ among Participants or classes of Participants, as determined by the Employer or the Administrator in its discretion. The Employer or Administrator may limit, delay or restrict the notional investment of certain Participants’ Accounts, or restrict allocation or reallocation into specified notional investment options, in accordance with rules established in order to comply with Employer policy and applicable law, to minimize regulated filings and disclosures, or under any other circumstances in the discretion of the Employer. Any deferred amounts subject to a Participant’s investment election that must be so limited, delayed or restricted under such circumstances may be notionally invested in an Investment Fund designated by the Administrator, or may be credited with earnings at a rate determined by the Administrator, which rate may be zero. A Participant’s notional investment election shall remain in effect until later changed in accordance with the rules of the Administrator. If a Participant does not make a notional investment election, all deferrals by the Participant and contributions on his behalf will be deemed to be notionally invested in the Investment Fund designated by the Employer for such purpose, or, at the Employer’s election, may remain uninvested until such time as the Administrator receives proper direction, or may be credited with earnings at a rate determined by the Administrator or Employer, which rate may be zero.
Investment Fund Elections. A Participant shall provide his or her initial investment election upon becoming a Participant and may change his or her investment election at any time in accordance with procedures established by the Administrator and the Trustee. A Participant shall make his or her investment election in any combination of one or any number of the Investment Funds offered in accordance with the procedures established by the Administrator and Trustee. Investment elections received by the Trustee by the Sweep Date shall be effective on the following Trade Date.
Investment Fund Elections. Subject to the provisions of this subsection 6.2 and such uniform rules and procedures as may be established by the Administration Committee, an eligible Participant may elect:
Investment Fund Elections. Each Participant shall direct the investment of all of his or her Contribution Accounts. A Participant shall make his or her investment election in any combination of one or any number of the Investment Funds offered in accordance with the procedures established by the Administrator and Trustee. However, during any Conversion Period, Trust assets may be held in any investment vehicle permitted by the Plan, as directed by the Administrator, irrespective of Participant investment elections. The Administrator may set a maximum percentage of the total election that a Participant may direct into any specific Investment Fund, which maximum, if any, as of the Effective Date, is set forth in Appendix A, and may be changed from time to time by the Administrator, in writing, without the necessity of amending this Plan and Trust.
Investment Fund Elections. Each Participant shall direct the investment of all of his or her Contribution Accounts except for these Accounts: Employer Matching Account which shall be entirely invested in the Investment Fund specified by the Administrator, which Investment Fund as of the Effective Date is set forth in Appendix A. However, a Participant who has attained age 55 may direct the investment of the balances in his or her Employer Matching Account. Future amounts allocated to his or her Employer Matching Account shall continue to be entirely invested in the Investment Fund specified by the Administrator, until otherwise directed by the Participant. Effective December 1, 1995, "Matching Stock Account" (which effective December 1, 1995 includes amounts previously held in a Participant's Employer Matching Account) shall be substituted for each reference to "Employer Matching Account" in the preceding paragraph. A Participant shall make his or her investment election in any combination of one or any number of the Investment Funds offered in accordance with the procedures established by the Administrator and Trustee. However, during any Conversion Period, Trust assets may be held in any investment vehicle permitted by the Plan, as directed by the Administrator, irrespective of Participant investment elections. The Administrator may set a maximum percentage of the total election that a Participant may direct into any specific Investment Fund, which maximum, if any, as of the Effective Date is set forth in Appendix A, and may be changed from time to time by the Administrator, in writing, without the necessity of amending this Plan and Trust.
Investment Fund Elections. Each Participant shall direct the investment of all of his or her Contribution Accounts except for these Accounts: Matching Account which shall be entirely invested in the Investment Fund specified by the Administrator, which Investment Fund as of the Execution Date is set forth in Appendix A. Effective June 30, 1992 and anytime thereafter, a Participant who has attained age 59 1/2 may direct the investment of the balances in his or her Matching Account. Future amounts allocated to his or her Matching Account will continue to be entirely invested in the Investment Fund specified by the Administrator, until otherwise directed by the Participant. A Participant shall make his or her investment election in any combination of one or any number of the Investment Funds offered in accordance with the procedures established by the Administrator and Trustee. However, during the period of converting the prior accounting system of the Plan and Trust to conform to the individual Participant accounting system described in Section 6, Trust assets may be held in any investment vehicle permitted by the Plan, as directed by the Administrator, irrespective of Participant investment elections. The Administrator may set a maximum percentage of the total election that a Participant may direct into any specific Investment Fund, which maximum, if any, is set forth in Appendix A, and may be changed from time to time, without the necessity of amending this Plan and Trust document.
Investment Fund Elections. 23 7.4 Default if No Valid Investment Election . . . . . . . . 23 7.5
Investment Fund Elections. Effective January 1, 1997:
Investment Fund Elections. Each Participant shall direct the investment of all of his or her Contribution Accounts. A Participant shall make his or her investment election in any combination of one or any number of the Investment Funds offered in accordance with the procedures established by the Administrator and Trustee. However, during any Conversion Period, Trust assets may be held in any investment vehicle permitted by the Plan, as directed by the Administrator, irrespective of Participant investment elections.
Investment Fund Elections. Each Participant shall direct the investment of all of his or her Accounts (with the exception of his or her Cash Dividends Holding Account, which will be invested in accordance with Subsection 22.1(e)). For purposes of this Section 7, the term “Participant” shall include an Employee who has not yet satisfied the requirements of Section 2.1 but who has made a rollover contribution to the Plan in accordance with the provisions of Section 4.1. A Participant shall make his or her investment election in any combination of one or any number of the Investment Funds offered in accordance with the procedures established by the Investment Committee and Trustee. However, during any Conversion Period, Trust assets may be held in any investment vehicle permitted by the Plan, as directed by the Investment Committee, irrespective of Participant investment elections. The Investment Committee may set a maximum percentage of the total election that a Participant may direct into any specific Investment Fund, which maximum, if any, is set forth in Appendix B, and which may be changed from time to time by an amendment to this Plan and Trust.
