Common use of PARTICIPANT DIRECTIONS TO TRUSTEE Clause in Contracts

PARTICIPANT DIRECTIONS TO TRUSTEE. The method and frequency for change of investments shall be determined under (a) the rules applicable to the Permissible Investments selected by the Employer and designated in the Service Agreement and (b) any additional rules of the Employer limiting the frequency of investment changes, which are included in a separate written administrative procedure adopted by the Employer and accepted by the Trustee. The Trustee shall have no duty to inquire into the investment decisions of a Participant or to advise him regarding the purchase, retention, or sale of assets credited to his Account.

PARTICIPANT DIRECTIONS TO TRUSTEE. The method and frequency for change of investments shall be determined under (a) the rules applicable to the Permissible Investments selected by the Employer and designated in the Service Agreement and (b) Investments, including any additional rules of the Employer limiting the frequency of investment changes, which are included designated in a separate written administrative procedure adopted by the Employer Service Agreement (except where the asset(s) are subject to Section 20.10 and accepted by the Trusteeagreements described therein). The Trustee shall have no duty to inquire into the investment decisions of a Participant or to advise him regarding the purchase, retention, or sale of assets credited to his Account.