Common use of Investment of Deferred Compensation Clause in Contracts

Investment of Deferred Compensation. The monies retained by the Board for each participant, in accordance with clause 3.1, including interest thereon (until paid out in accordance with clause 3.5) shall be pooled and shall be invested and reinvested as directed by the joint Committee in investments offered from time to time by an eligible financial institution. The monies retained shall be forwarded to the eligible financial Institution within fifteen (15) calendar days. The Joint committee shall choose such eligible financial institution and in making such determination, neither the Board, nor the union, or the members of the Joint Committee shall be liable to any participant for any investments made which are authorized by this clause.

Investment of Deferred Compensation. The monies retained by the Board for each participant, in accordance with clause 3.13.a, including interest thereon (until paid out in accordance with clause 3.53.d) shall be pooled and shall be invested and reinvested as directed by the joint Committee Board in investments offered from time to time by an eligible financial institution. The monies retained shall be forwarded to the eligible financial Institution institution within fifteen (15) calendar days. The Joint committee Committee shall choose such eligible financial institution and in making such determination, neither determination the Board, nor the union, or the Local and members of the Joint Committee shall not be liable to any participant for any investments made which are authorized by this clause.

Investment of Deferred Compensation. The monies retained by the Board for each participant, in accordance with clause 3.1J.1(3.1), including interest thereon (until paid out in accordance with clause 3.5) J.1(3.4)). shall be pooled and shall be invested and reinvested as directed by the joint Committee Board in investments offered from time to time by an eligible financial institutioninvestor. The monies retained shall be forwarded to the eligible financial Institution within fifteen (15) calendar days. The Joint committee shall choose such eligible financial institution investor and in making such determination, neither the Board, nor the unionAssociation, or the and members of the Joint Committee committee shall not be liable to any participant for any investments made which are authorized by this clause.

Investment of Deferred Compensation. The monies retained by the Board for each participant, in accordance with clause 3.1Clause 3.a, including interest thereon (until paid out in accordance with clause 3.5) Clause 3.e), shall be pooled and shall be invested and reinvested as directed by the joint Committee Board in investments offered from time to time by an eligible financial institution. The monies retained shall be forwarded to the eligible financial Institution institution within fifteen (15) calendar days. The Joint committee Committee shall choose such eligible financial institution and and, in making such determination, neither the Board, nor the union, or the Association and members of the Joint Committee shall not be liable to any participant for any investments made which are authorized by this clause.