Common use of Stock Fund Clause in Contracts

Stock Fund. The Trustees shall maintain a "Stock Fund" which shall cover the aggregate shares of capital stock contributed to and purchased by the Plan and any uninvested cash. The Stock Fund shall be valued as of each valuation date, which shall be the last business day of each quarter or such other dates as the Committee may establish, on the basis of the then current fair market value of the assets held therein, as determined by the Trustees. Effective January 1, 1995, the value of the Kansas City Life stock shall be determined on the basis of the average of its bid price on the over-the-counter market for all the business days in the last month of the calendar quarter or in the month of such other date as the Committee may establish. The Administrative Committee shall maintain records reflecting the account of each participant in the Stock Fund. 5.4

Stock Fund. The Trustees shall maintain a "Stock Fund" which shall cover the aggregate shares of capital stock contributed to and purchased by the Plan and any uninvested cash. The Stock Fund shall be valued as of each valuation date, which shall be the last business day of each quarter or such other dates as the Committee may establish, on the basis of the then current fair market value of the assets held therein, as determined by the Trustees. Effective January 1, 1995, the value of the Kansas City Life stock shall be determined on the basis of the average of its bid price on the over-the-counter market for all the business days in the last month of the calendar quarter or in the month of such other date as the Committee may establish. The Administrative Committee shall maintain records reflecting the account of each participant in the Stock Fund. 5.4.

Stock Fund. The Trustees shall maintain a "“Stock Fund" ” which shall cover the aggregate shares of capital stock contributed to and purchased by the Plan and any uninvested cash. The Stock Fund shall be valued as of each valuation date, which shall be the last business day of each quarter or such other dates as the Committee may establish, on the basis of the then current fair market value of the assets held therein, as determined by the Trustees. Effective January 1, 1995, the value of the Kansas City Life stock shall be determined on the basis of the average of its bid price on the over-the-counter market for all the business days in the last month of the calendar quarter or in the month of such other date as the Committee may establish. The Administrative Committee shall maintain records reflecting the account of each participant in the Stock Fund. 5.4

Stock Fund. The Trustees shall maintain a "“Stock Fund" ” which shall cover the aggregate shares of capital stock contributed to and purchased by the Plan and any uninvested cash. The Stock Fund shall be valued as of each valuation date, which shall be the last business day of each quarter or such other dates as the Committee may establish, on the basis of the then current fair market value of the assets held therein, as determined by the Trustees. Effective January 1, 1995, the value of the Kansas City Life stock shall be determined on the basis of the average of its bid price on the over-the-counter market for all the business days in the last month of the calendar quarter or in the month of such other date as the Committee may establish. This value shall be deemed to be the fair market value of the stock. The Administrative Committee shall maintain records reflecting the account of each participant in the Stock Fund. 5.4.