Common use of Investment Management Responsibility Clause in Contracts

Investment Management Responsibility. [ ] 1. The Employer shall appoint a discretionary Trustee to manage the assets of the Plan. [ ] 2. The Employer shall retain investment management responsibility and/or authority. Unless otherwise appointed, the Trustee shall act in a nondiscretionary capacity. [x] 3. The party designated below shall be responsible for the investment of the Participant’s account. By selecting a box, the Employer is making a designation as to who will have authority to issue investment directives with respect to the specified contribution type (check all applicable boxes):

Appears in 1 contract

Samples: Adoption Agreement (Connecticut Water Service Inc / Ct)

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Investment Management Responsibility. [ ] 1. The Employer shall appoint a discretionary Trustee to manage the assets of the Plan. [ ] . 2. The Employer shall retain investment management responsibility and/or authority. Unless otherwise appointed, the Trustee shall act in a nondiscretionary capacity. [xX] 3. The party designated below shall be responsible for the investment of the Participant’s 's account. By selecting a box, the Employer is making a designation as to who whom will have authority to issue investment directives with respect to the specified contribution type (check all applicable boxes):): 32 Section 401(k) Plan AA #010 Trustee Employer Participant ------- -------- ----------- a. All Contributions n/a n/a [X]

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (Sontra Medical Corp)

Investment Management Responsibility. [ ] 1. The Employer shall appoint a discretionary Trustee to manage the assets of the Plan. [ [x] 2. The 2.The Employer shall retain investment management responsibility and/or authority. Unless otherwise appointed, the Trustee shall act in a nondiscretionary capacity. [x[ ] 3. The 3.The party designated below shall be responsible for the investment of the Participant’s 's account. By selecting a box, the Employer is making a designation as to who whom will have authority to issue investment directives with respect to the specified contribution type (check all applicable boxes):

Appears in 1 contract

Samples: Profit Sharing Plan Adoption Agreement (First Farmers & Merchants Corp)

Investment Management Responsibility. [ ] 1. The Employer shall appoint a discretionary Trustee to manage the assets of the Plan. [ ] 2. The Employer shall retain investment management responsibility and/or authority. Unless otherwise appointed, the Trustee shall act in a nondiscretionary capacity. [x] 3. The party designated below shall be responsible for the investment of the Participant’s 's account. By selecting a box, the Employer is making a designation as to who whom will have authority to issue investment directives with respect to the specified contribution type (check all applicable boxes):

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)

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Investment Management Responsibility. [ ] 1. The Employer shall appoint a discretionary Trustee to manage the assets of the Plan. [ ] . 2. The Employer shall retain investment management responsibility and/or authority. Unless otherwise appointed, the Trustee shall act in a nondiscretionary capacity. [xX] 3. The party designated below shall be responsible for the investment of the Participant’s 's account. By selecting a box, the Employer is making a designation as to who whom will have authority to issue investment directives with respect to the specified contribution type (check all applicable boxes):

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)

Investment Management Responsibility. [ ] 1. The Employer shall appoint a discretionary Trustee to manage the assets of the Plan. [ ] . 2. The Employer shall retain investment management responsibility and/or authority. Unless otherwise appointed, the Trustee shall act in a nondiscretionary capacity. [x] . 3. The party designated below shall be responsible for the investment of the Participant’s 's account. By selecting a box, the Employer is making a designation as to who whom will have authority to issue investment directives with respect to the specified contribution type (check all applicable boxes):

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (CRH Public LTD Co)

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