Common use of Participant Change of Investment Clause in Contracts

Participant Change of Investment. Subject to rules and procedures adopted by the Custodian, the Participant may, at their election, direct the Custodian to redeem any or all regulated investment company shares held by the Custodian pursuant to this Agreement, and to reinvest the proceeds in such other regulated investment company shares as directed. Transactions of this character must conform with the provisions of the current prospectus for the regulated investment company shares subject to purchase and the terms of the Plan.

Participant Change of Investment. Subject to rules and procedures adopted by the Custodian, the a Participant may, at their his or her election, direct the Custodian to redeem any or all regulated investment company shares held by the Custodian pursuant to this Agreement, Agreement and to reinvest the proceeds in such other regulated investment company shares as directed. Transactions of this character must conform with the provisions of the current prospectus for the regulated investment company shares subject to purchase and the terms of the Planpurchase.