Common use of INVESTMENT FUNDS ESTABLISHED Clause in Contracts

INVESTMENT FUNDS ESTABLISHED. It is contemplated that the assets of the Plan shall be invested in such categories of assets as may be determined from time to time by the Committee and announced and made available on an equal basis to all Participants and former Participants. In accordance with procedures established by the Committee, each Participant and former Participant may designate the percentage of his Account to be invested in each investment fund available under the Plan. Up to one hundred percent of the Trust assets may be invested in Sponsor Stock.

Appears in 10 contracts

Samples: Employee Savings Plan (Quanex Corp), 401(k) Plan Amendment and Restatement (Quanex Corp), 401(k) Savings Plan (Quanex Corp)

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INVESTMENT FUNDS ESTABLISHED. It is contemplated that the assets of the Plan shall be invested in such categories of assets as may be determined from time to time by the Committee and announced and made available on an equal basis to all Participants and or former Participants. In accordance with procedures established by the Committee, each a Participant and or former Participant may designate the percentage of his Matching Contribution Account, QNEC Account, Rollover Contribution Account and Salary Deferral Contribution Account to be invested in each investment fund available under the Plan. Up to one hundred percent of the Trust assets may be invested in Sponsor Stock.

Appears in 1 contract

Samples: 401(k) Savings Investment Plan Amendment (Furmanite Corp)

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INVESTMENT FUNDS ESTABLISHED. It is contemplated that the assets of the Plan shall be invested in such categories of assets as may be determined from time to time by the Committee and announced and made available on an equal basis to all Participants and or former Participants. In accordance with procedures established by the Committee, each a Participant and or former Participant may designate the percentage of his Basic Matching Contribution Account, Supplemental Matching Contribution Account, QNEC Account, Rollover Contribution Account and Salary Deferral Contribution Account to be invested in each investment fund available under the Plan. Up to one hundred percent of the Trust assets may be invested in Sponsor Stock.

Appears in 1 contract

Samples: 401(k) Savings Investment Plan (Furmanite Corp)

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