Common use of Investment of Contributions Clause in Contracts

Investment of Contributions. We will invest SIMPLE XXX contributions and reinvest your SIMPLE XXX assets as directed by you based on our then-current investment policies and procedures. If you fail to provide us with investment direction for a contribution, we will return to your employer or hold all or part of such contribution based on our policies and procedures. We will not be responsible for any loss of SIMPLE XXX income associated with your failure to provide appropriate investment direction.

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Investment of Contributions. We will invest SIMPLE XXX contributions and reinvest your SIMPLE XXX assets as directed by you based on our then-current investment policies and procedures. If you fail to provide us with investment direction for a contribution, we will return to your employer or hold all or part of such contribution based on our policies and procedures. We will not be responsible for any loss of SIMPLE XXX income associated with your failure to provide appropriate investment direction.

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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