Common use of Maximum Permitted Investment in Company Stock Clause in Contracts

Maximum Permitted Investment in Company Stock. If the Company provides for a Company Stock Fund, the Fund shall be comprised of Company Stock and sufficient deposit or money market type assets to handle the Fund's liquidity and disbursement needs. The Fund may be as large as necessary to comply with Participants' and Beneficiaries' investment elections.

Appears in 2 contracts

Samples: Employee Savings Plan Agreement (Nipsco Industries Inc), Savings Plan and Trust Agreement (Nipsco Industries Inc)

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Maximum Permitted Investment in Company Stock. If the Company provides for a Company Stock Fund, the Company Stock Fund shall be comprised of Company Stock and sufficient deposit or money market type assets to handle the Company Stock Fund's liquidity and disbursement needs. The Company Stock Fund may be as large as necessary to comply with Participants' and Beneficiaries' investment elections.

Appears in 1 contract

Samples: Savings Plan Amendment (New Nisource Inc)

Maximum Permitted Investment in Company Stock. If the Company provides for a Company Stock Fund, the Fund shall may be comprised entirely of Company Stock and sufficient deposit or money market type assets to handle the Fund's liquidity and disbursement needs. The Fund may be as large as necessary to comply with Participants' and Beneficiaries' investment elections, if the Company Stock Fund is authorized as an Investment Fund available to Participants, as well the total investment of Participants' and Beneficiaries' Matching Accounts.

Appears in 1 contract

Samples: Retirement Savings Plan and Trust Agreement (Southdown Inc)

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Maximum Permitted Investment in Company Stock. If the Company provides for a Company Stock Fund, directly or through a Master Custom Fund, the Company Stock Fund shall be comprised of Company Stock and sufficient deposit or money market type assets to handle the Company Stock Fund's liquidity and disbursement needs. The Company Stock Fund may be as large as necessary to comply with Participants' and Beneficiaries' investment elections.

Appears in 1 contract

Samples: 401(k) Maximum Advantage Program and Trust Agreement (Gerber Scientific Inc)

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