Common use of Retirement Plan Provisions Shall Control Clause in Contracts

Retirement Plan Provisions Shall Control. In the event contributions are being made to the Account pursuant to any retirement plan or program sponsored by the Employer, to the extent any provisions of this Agreement are inconsistent with such retirement plan or program, the provisions of the Employer's retirement plan or program shall control, provided: (a) such provisions are not contrary to the rules and regulations under Section 403(b)(7) of the Code; and (b) such provisions do not impose any additional responsibilities or duties on the Custodian without its prior written consent. The Employer shall be responsible for delivering the most recent copy of any such retirement plan or program to the Custodian.

Appears in 6 contracts

Samples: Custody and Investment Accounting Agreement (Bull & Bear Special Equities Fund Inc), Custodial Account Agreement (Investors Research Fund Inc), Custody and Investment Accounting Agreement (Bull & Bear Funds I Inc)

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Retirement Plan Provisions Shall Control. In the event contributions are being made to the Account pursuant to any retirement plan or program sponsored by the Employer, to the extent any provisions of this Agreement are inconsistent with such retirement plan or program, the provisions of the Employer's retirement plan or program shall control, provided: (a) such provisions are not contrary to the rules and regulations under Section 403(b)(7) of the Code; and (b) such provisions do not impose any additional responsibilities responsi bilities or duties on the Custodian without its prior written consent. The Employer shall be responsible for delivering the most recent copy of any such retirement plan or program to the Custodian.

Appears in 1 contract

Samples: Master Self Employed Retirement Plan Adoption Agreement (Investors Research Fund Inc)

Retirement Plan Provisions Shall Control. In the event contributions are being made to the Account pursuant to any retirement plan or program sponsored by the Employer, to the extent any provisions of this Agreement are inconsistent with such retirement plan or program, the provisions of the Employer's retirement plan or program shall control, provided: (a) such provisions are not contrary to the rules and regulations under Section 403(b)(7) of the Code; and (b) such provisions do not impose any additional responsibilities or duties on the Custodian without its prior written consent. The Employer shall be responsible for delivering the most recent copy of any such retirement plan or program to the Custodian.

Appears in 1 contract

Samples: Section 403(b)(7) Custodial Account Agreement (Payden & Rygel Investment Group)

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Retirement Plan Provisions Shall Control. In the event contributions are being made to the Account pursuant to any retirement plan or program sponsored by the Employer, to the extent any provisions of this Agreement are inconsistent with such retirement plan or program, the provisions of the Employer's retirement plan or program shall control, provided: : (a) such provisions are not contrary to the rules and regulations under Section 403(b)(7) of the Code; and and (b) such provisions do not impose any additional responsibilities or duties on the Custodian without its prior written consent. The Employer shall be responsible for delivering the most recent copy of any such retirement plan or program to the Custodian.

Appears in 1 contract

Samples: Custodial Agreement (Jackson National Capital Management Funds)

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