Segregated Property. Segregation and withdrawal of the equitable share of a Participant’s account in the Participating Plan shall be made as of the next date on which a valuation of the Custodial Account is to occur immediately following the date of the notice or instruction referred to in Section 8.1, based upon the units in the Custodial Account credited to the Participating Plan’s account as of such date. The selection of the particular assets to be segregated pursuant to Section 8.1 shall be made by the Participant or Plan Administrator. Such property shall be held as a separate Custodial Account for the exclusive benefit of the Participant of the withdrawing plan (or of the withdrawing Participant) and their beneficiaries, under a separate Master Custodial Administration Agreement substantially identical to this Agreement.
Appears in 4 contracts
Samples: Client Services Agreement, Client Services Agreement, Client Services Agreement
