Common use of Nonforfeitability and Nontransferability Clause in Contracts

Nonforfeitability and Nontransferability. The interest of the Employee in the balance of the Account shall at all times be nonforfeitable and nontransferable. All rights under this Agreement are enforceable solely by the Employee or his or her Beneficiary, or any duly authorized representative of the Employee or Beneficiary.

Appears in 8 contracts

Samples: Investment Accounting Agreement (Bull & Bear Funds Ii Inc), Investment Accounting Agreement (Bull & Bear Gold Investors LTD), Investment Accounting Agreement (Midas Fund Inc)

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Nonforfeitability and Nontransferability. The interest of the Employee in the balance of the Account shall at all times be nonforfeitable and nontransferable. All rights under this Agreement are enforceable solely by the Employee or his or her Beneficiary, or any duly authorized representative of the Employee or Beneficiary.. 11.5

Appears in 1 contract

Samples: Reduction Agreement (Jackson National Capital Management Funds)

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