Common use of Investment of Deferred Compensation Clause in Contracts

Investment of Deferred Compensation. The funds withheld by the Company in accordance with section 3.1 from each participant’s salary or wages, together with income earned thereon from time to time (until paid out in accordance with this Plan), will be pooled with funds so withheld from time to time from other Participants and income thereon in a separate account established for the purpose by the Company with a Canadian chartered bank, and will be invested and reinvested by the Company in Qualified Investments.

Appears in 5 contracts

Samples: negotech.labour.gc.ca, negotech.labour.gc.ca, negotheque.travail.gc.ca

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