Termination of Accounts. Upon termination of the Participant’s Account in any manner provided for in this Section, this Custodial Agreement shall be considered to be rescinded and of no force and effect and the Custodian and the Program Sponsor shall be relieved from all further liability with respect to this Custodial Agreement, any Custodial or Participant Account, and all assets thereof so distributed.
Appears in 4 contracts
Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement
Termination of Accounts. Upon termination of the Participant’s Account all Participant Accounts in any manner provided for in this Section, this Custodial Agreement shall be considered to be rescinded and of no force and effect and the Custodian Custodian, the Advisor, and the Program Sponsor Plan Provider shall be relieved from all further liability with respect to this Custodial Agreement, any Custodial or Participant Account, and all assets thereof so distributed.
Appears in 3 contracts
Samples: 403(b)(7) Account Application and Agreement, 403(b)(7) Account Application & Agreement, 403(b)(7) Custodial Account Agreement