Telephone Directions by Participants. If Participant direction is chosen by the Employer, each Participant in the Plan shall be permitted to direct the investment of his/her individual account balance and investment of future contributions among available investment options through the use of Fidelity's telephone exchange system. The Employer hereby directs Fidelity to act upon such telephonic instructions without questioning the authenticity of such direction other than as provided in the third paragraph of this section. Fidelity will not be responsible for any losses and/or expenses that arise for clients who provide changes for existing Participant investment elections via the Fidelity Retirement Services Workbench Application, electronic data transmission or magnetic tape. This service allows Participants to telephone Fidelity between the hours of 8:30 AM and 8:00 PM Eastern Time on any business day. The number of exchanges from a Participant's existing account balance will be governed by the mutual fund prospectus unless otherwise limited by the Employer in accordance with Section 6.03 of The CORPORATEplan for Retirement(SM) Prototype Basic Plan Document. Fidelity reserves the right to modify or withdraw the exchange privilege in the future. All telephone conversations will be recorded for the protection of Fidelity and the Participants. Fidelity will not be responsible for determining the authenticity of Participant and his/her telephone instructions. A confirmation of the exchange of existing account balances and/or a change in investment of future contributions will be mailed to the Participant within seven business days of the call. If the telephone call is received prior to 4:00 PM Eastern Time, the requested exchange will be effective with that day's mutual fund closing prices. If the telephone call is received after 4:00 PM Eastern Time, the exchange will be effective with the next business day's closing prices. A Participant will be required to provide the Fidelity telephone exchange system representative with his/her Employer's plan number, Social Security Number and personal identification number. For security purposes, upon proper notice to Fidelity, the Employer shall have the right to require a Participant to respond to additional questions (i.e., date of birth, date of hire, etc.) before being able to access his/her accounts. Only authorized Plan contact(s) and the Participant shall have access to a Participant's account. A Participant's ex-spouse who has a segregated accoun...
Telephone Directions by Participants. Each Plan participant shall be entitled to direct Fidelity in which hypothetical investment option(s) the deemed investment of funds is used to determine the participants' benefits under the Plan. Such directions may be made by Plan participants by the use of the Telephone Exchange System maintained by Fidelity for such purposes, in accordance with the Telephone Exchange Guidelines attached hereto as Schedule "D". The Sponsor hereby directs Fidelity to act upon such telephonic instructions without question and agrees that any such instructions shall be treated for all purposes hereunder as if it were a Direction (as defined in Section 2 above) from the Sponsor.
