Common use of Purchases and Sales of Sponsor Stock Clause in Contracts

Purchases and Sales of Sponsor Stock. Purchases and sales of Sponsor Stock associated with individual Participant-initiated exchanges into or out of the Stock Fund shall be made on the open market pursuant to order types selected by the Participant in accordance with the Trustee’s procedures for “Real Time Trading.” The Sponsor may instruct the Trustee to limit the order types available to Participants.

Appears in 4 contracts

Samples: Trust Agreement (Expedia, Inc.), Trust Agreement (Zions Bancorporation /Ut/), Trust Agreement (Dte Energy Co)

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Purchases and Sales of Sponsor Stock. Purchases and sales of Sponsor Stock associated with individual Participant-initiated exchanges into or out of a Participant’s hypothetical interest in the Stock Fund shall be made on the open market pursuant to order types selected by the Participant in accordance with the Trustee’s procedures for “Real Time Trading.” The Sponsor may instruct the Trustee to limit the order types available to Participants.

Appears in 2 contracts

Samples: Trust Agreement (FMC Corp), Trust Agreement (Brush Engineered Materials Inc)

Purchases and Sales of Sponsor Stock. Purchases and sales of Sponsor Stock associated with individual Participant-initiated exchanges into or out of the Stock Fund shall be made on the open market pursuant to order types selected by the Participant in accordance with the Trustee’s Trustee࿽s procedures for “Real ࿽Real Time Trading.” Trading.࿽ The Sponsor may instruct the Trustee to limit the order types available to Participants.

Appears in 1 contract

Samples: Trust Agreement (Zions Bancorporation /Ut/)

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Purchases and Sales of Sponsor Stock. Purchases and sales of Sponsor Stock associated with individual Participant-initiated exchanges into or out of the Stock Fund shall be made on the open market pursuant to order types selected by the Participant in accordance with the Trustee’s procedures for “Real Time Trading.” The Sponsor Administrator may instruct the Trustee to limit the order types available to Participants.

Appears in 1 contract

Samples: Trust Agreement (Progressive Corp/Oh/)

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