Common use of Termination of Agreement, Resignation, or Removal of Custodian Clause in Contracts

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement at any time by giving written notice to the other. We can resign as Custodian at any time effective 30 days after we mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we mail the notice to you, we have the right to transfer your Xxxx XXX assets to a succes- sor Xxxx XXX custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We shall not be liable for any actions or failures to act on the part of any successor custodian or trustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, one or more of the following: • Any fees, expenses, or taxes chargeable against your Xxxx XXX; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. If we are required to comply with Regulations Section 1.408–2(e), and we fail to do so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulations, the IRS may, after notifying you, require you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement agreement at any time by giving written notice to the other. However, your termination of this agreement will not be effective until such time as all outstanding fees, costs, indemnities, penalties, expenses, or payments due to us are paid. We can resign as Custodian custodian at any time effective 30 days after we mail send written notice of our resignation to youyou through email (if an email address was provided, otherwise such notice will be sent to you through U.S. mail). Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we mail send the notice to you, we have the right to transfer your Xxxx XXX assets to a succes- sor successor Xxxx XXX trustee or custodian or trustee that we choose in our sole discretion, or we may pay or distribute your Xxxx XXX assets to you in a single sumsum or assignment. If we transfer your Xxxx XXX, the existing Xxxx XXX documents will govern your Xxxx XXX relationship with the new custodian or trustee unless the successor custodian/trustee notifies you in writing of any changes and/or requires new Xxxx XXX documents to be signed by you. We shall will not be liable for any actions or failures to act on the part of any successor custodian trustee or trusteecustodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If we terminate this Agreement agreement, we reserve the right to distribute your Xxxx XXX assets to you “in kind” instead of in cash. This will generally result in a taxable distribution and will be reported to the IRS and to you. If we distribute your Xxxx XXX assets in kind, we will not withhold federal or state income taxes. Instead, you understand and agree that we may deem you to have waived all federal and state income tax withholding on the distribution. You will still be responsible for all tax implications resulting from the distribution, and you agree not to hold us accountable for any such income tax withholding. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, to one or more of the following: • Any fees, expenses, or taxes chargeable against your Xxxx XXX; XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. If After your Xxxx XXX with us is closed, if there are additional assets remaining in or subsequently credited to your Xxxx XXX, we are required will seek to comply distribute or transfer such assets in accordance with Regulations Section 1.408–2(eyour prior direction, but only after offsetting any applicable administrative expenses and custodial fees (according to our then operative fee schedule), and we fail to do so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulations, the IRS may, after notifying you, require you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. 16.1 Either party may terminate this Agreement at any time by giving written notice to the otherother party. We can may resign as Custodian and appoint a successor custodian to serve under this Agreement or under another governing agreement selected by the successor custodian by giving you written notice at any time effective least 30 days after we mail written prior to the effective date of such resignation and appointment, which notice shall also include or be provided under separate cover a copy of our resignation such other governing instrument, if applicable, and the related disclosure statement. You shall then have 30 days from the date of such notice to you. Upon receipt either request a distribution of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organizationthe entire account balance or designate a different successor custodian and notify us of such designation. If you do not request distribution of the account balance or notify us of the designation of a different successor custodian within such 30 day period, you shall be deemed to have consented to the appointment of the successor custodian and the terms of any new governing instrument, and neither us nor the successor shall be required to execute any written document to complete a the transfer of your Xxxx XXX within 30 days from the date we mail account to the notice successor custodian. The successor custodian may rely on any information, including beneficiary designations, previously provided by you to you, we have the right to transfer your Xxxx XXX assets to a succes- sor Xxxx XXX custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sumus. We shall not be liable for any actions or failures to act on the part of any successor custodian or trustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. . 16.2 If this Agreement is terminated, we may charge to your Xxxx XXX IRA Account a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, one or more of the following: • Any : (a) any fees, expenses, or taxes chargeable against your Xxxx XXXIRA; • Any and (b) any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. IRA. 16.3 After your IRA Account with us is closed, you are responsible for ensuring that all assets previously in your Account are properly titled, registered, and transferred out of our name. 16.4 If we are required to comply with Regulations Regulation Section 1.408–2(e1.408-2(e), and we fail to do so, or we are not keeping the records, making the returns, returns or sending the statements as are required by forms or Regulations, the IRS may, after notifying you, require you to substitute another trustee or custodian. We may establish a policy requiring distribution . 16.5 If our organization changes its name, reorganizes, merges with another organization (or comes under the control of any federal or state agency), or if our entire organization (or any portion which includes your IRA) is bought by another organization, that organization (or agency) shall automatically become the entire balance trustee or custodian of your Xxxx XXX IRA, but only if it is the type of organization authorized to you in cash serve as an IRA trustee or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment or policy establishedcustodian.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement at any time by giving written notice to the other. We can resign as Custodian at any time effective 30 days after we mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we mail the notice to you, we have the right to transfer your Xxxx XXX assets to a succes- sor successor Xxxx XXX custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We shall not be liable for any actions ac- tions or failures to act on the part of any successor custodian or trustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary neces- sary to cover any associated costs, including but not limited to, one or more of the following: • Any fees, expenses, expenses or taxes chargeable against your Xxxx XXX; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment invest- ment in your Xxxx XXX. If we are required to comply with Regulations Section 1.408–2(e), and we fail to do so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulations, the IRS may, after notifying you, require you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment investment or policy establishedestab- lished.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement agreement at any time by giving written notice to the other. However, your termination of this agreement will not be effective until such time as all outstanding fees, costs, indemnities, penalties, expenses, or payments due to us are paid. We can resign as Custodian custodian at any time effective 30 days after we mail send written notice of our resignation to youyou through email (if an email address was provided, otherwise such notice will be sent to you through U.S. mail). Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX IRA within 30 days from the date we mail send the notice to you, we have the right to transfer your Xxxx XXX IRA assets to a succes- sor Xxxx XXX successor IRA trustee or custodian or trustee that we choose in our sole discretion, or we may pay or distribute your Xxxx XXX IRA assets to you in a single sumsum or assignment. If we transfer your IRA, the existing IRA documents will govern your IRA relationship with the new custodian or trustee unless the successor custodian/trustee notifies you in writing of any changes and/or requires new IRA documents to be signed by you. We shall will not be liable for any actions or failures to act on the part of any successor custodian trustee or trusteecustodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If we terminate this Agreement agreement, we reserve the right to distribute your IRA assets to you “in kind” instead of in cash. This will generally result in a taxable distribution and will be reported to the IRS and to you. If we distribute your IRA assets in kind, we will not withhold federal or state income taxes. Instead, you understand and agree that we may deem you to have waived all federal and state income tax withholding on the distribution. You will still be responsible for all tax implications resulting from the distribution, and you agree not to hold us accountable for any such income tax withholding. If this agreement is terminated, we may charge to your Xxxx XXX IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, to one or more of the following: • Any fees, expenses, or taxes chargeable against your Xxxx XXX; IRA • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXXIRA. If After your IRA with us is closed, if there are additional assets remaining in or subsequently credited to your IRA, we are required will seek to comply distribute or transfer such assets in accordance with Regulations Section 1.408–2(eyour prior direction, but only after offsetting any applicable administrative expenses and custodial fees (according to our then operative fee schedule), and we fail to do so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulations, the IRS may, after notifying you, require you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX IRA to you in cash or property if the balance of your Xxxx XXX IRA drops below the minimum balance required under the applicable invest- ment investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement agreement at any time by giving written notice to the other. We can resign as Custodian custodian at any time effective 30 days after we mail send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx inherited XXX to another financial organization. If you do not complete a transfer of your Xxxx inherited XXX within 30 days from the date we mail send the notice to you, we have the right to transfer your Xxxx inherited XXX assets to a succes- sor Xxxx successor inherited XXX trustee or custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx inherited XXX to you in a single sum. We shall will not be liable for any actions or failures to act on the part of any successor custodian trustee or trusteecustodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement agreement is terminated, we may charge to your Xxxx inherited XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, to one or more of the following: . • Any fees, expenses, or taxes chargeable against your Xxxx XXX; inherited XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. inherited XXX If we are a nonbank custodian required to comply with Regulations Section 1.408–2(e), section 1.408-2(e) and we fail to do so, so or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulationsregulations, the IRS may, after notifying you, may require you us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx inherited XXX to you in cash or property if the balance of your Xxxx inherited XXX drops below the minimum balance required under the applicable invest- ment investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement at any time by giving written notice to the other. We may terminate this agreement and close your account if there is no transactional activity within 180 days of account opening or if your account has a zero balance with no contributions or distributions in the prior 16 consecutive months. We can resign as Custodian at any time effective 30 days after we mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX HSA to another financial organization. If you do not complete a transfer of your Xxxx XXX HSA within 30 days from the date we mail the notice to you, we have the right to transfer your Xxxx XXX HSA assets to a succes- sor Xxxx XXX successor HSA custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX HSA to you in a single sum. We shall not be liable for any actions or failures to act on the part of any successor custodian or trustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement is terminated, we may charge to your Xxxx XXX HSA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, one or more of the following: •  Any fees, expenses, expenses or taxes chargeable against your Xxxx XXXHSA; •  Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXXHSA. If we are required to comply with Treasury Regulations Section section 1.408–2(e), and we fail to do so, or we are not keeping the records, making the returns, returns or sending the statements as are required by forms or Regulations, the IRS may, after notifying you, require you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX HSA to you in cash or property if the balance of your Xxxx XXX HSA drops below the minimum balance required under the applicable invest- ment investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. 18.1 Either party may terminate this Agreement at any time by giving written notice to the otherother party. We can resign as Custodian at any time effective 30 days after we mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX HSA to another financial organization. If you do not complete a transfer of your Xxxx XXX HSA within 30 days from the date we mail the notice to you, we have the right to transfer your Xxxx XXX HSA assets to a succes- sor Xxxx XXX successor HSA custodian or trustee that we choose in our sole discretion, or we may pay or distribute your Xxxx XXX HSA assets to you in a single sumsum or assignment. If we transfer your HSA, the existing HSA documents will govern your HSA relationship with the new custodian or trustee unless the successor custodian/trustee notifies you in writing of any changes and/or requires new HSA documents to be signed by you. We shall not be liable for any actions or failures to act on the part of any successor custodian or trustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. . 18.2 If this Agreement is terminated, we may charge to your Xxxx XXX HSA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, one or more of the following: • Any : (a) any fees, expenses, expenses or taxes chargeable against your Xxxx XXXHSA; • Any and (b) any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. HSA. 18.3 After your HSA with us is closed, you are responsible for ensuring that all assets previously in your account are properly titled, registered and transferred out of our name. 18.4 If we are required to comply with Regulations Regulation Section 1.408–2(e), and we fail to do so, or we are not keeping the records, making the returns, returns or sending the statements as are required by forms or Regulations, the IRS may, after notifying you, require you to substitute another trustee or custodian. We may establish a policy requiring distribution . 18.5 If our organization changes its name, reorganizes, merges with another organization (or comes under the control of any federal or state agency), or if our entire organization (or any portion which includes your HSA) is bought by another organization, that organization (or agency) shall automatically become the entire balance trustee or custodian of your Xxxx XXX HSA, but only if it is the type of organization authorized to you in cash serve as an HSA trustee or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment or policy establishedcustodian.

Termination of Agreement, Resignation, or Removal of Custodian. 17.1 Either party may terminate this Agreement at any time by giving written notice to the otherother party. We can resign as Custodian at any time effective 30 days after we mail written notice of our resignation to youthe Responsible Individual. Upon receipt of that notice, you the Responsible Individual must make arrangements to transfer your Xxxx XXX this CESA to another financial organization. If you do the Responsible Individual does not complete a transfer of your Xxxx XXX this CESA within 30 days from the date we mail the notice to younotice, we have the right to transfer your Xxxx XXX this CESA’s assets to a succes- sor Xxxx XXX successor CESA custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX or distribute the assets to you in a single sumsum or assignment. If we transfer the CESA, the existing CESA documents will govern the CESA relationship with the new custodian or trustee unless the successor custodian/trustee notifies the Responsible Individual in writing of any changes and/or requires new CESA documents to be signed. We shall not be liable for any actions or failures to act on the part of any successor custodian or trustee, nor for any tax consequences you that may incur be incurred that result from the transfer or distribution of your the assets pursuant to this section. . 17.2 If this Agreement is terminated, we may charge to your Xxxx XXX this CESA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, one or more of the following: • Any : (a) any fees, expenses, expenses or taxes chargeable against your Xxxx XXXthis CESA; • Any and (b) any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. this CESA. 17.3 After this CESA with us is closed, the Responsible Individual is responsible for ensuring that all assets previously in this Account are properly titled, registered and transferred out of our name. 17.4 If we are required to comply with Regulations Section section 1.408–2(e), and we fail to do so, or we are not keeping the records, making the returns, returns or sending the statements as are required by forms or Regulations, the IRS may, after notifying you, require you to the Responsible Individual substitute another trustee or custodian. We may establish a policy requiring distribution . 17.5 If our organization changes its name, reorganizes, merges with another organization (or comes under the control of any federal or state agency), or if our entire organization (or any portion which includes your CESA) is bought by another organization, that organization (or agency) shall automatically become the entire balance trustee or custodian of your Xxxx XXX CESA, but only if it is the type of organization authorized to you in cash serve as a CESA trustee or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment or policy establishedcustodian.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement agreement at any time by giving written notice to the other. This agreement shall also terminate upon the complete distribution of the assets of the custodial account. We can resign as Custodian custodian at any time effective 30 days after we mail send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX SIMPLE IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX SIMPLE IRA within 30 days from the date we mail send the notice to you, we have the right to transfer your Xxxx XXX SIMPLE IRA assets to a succes- sor Xxxx XXX successor SIMPLE IRA trustee or custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX SIMPLE IRA to you in a single sum. We shall will not be liable for any actions or failures to act on the part of any successor custodian trustee or trusteecustodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement agreement is terminated, we may charge to your Xxxx XXX SIMPLE IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, to one or more of the following: . • Any fees, expenses, or taxes chargeable against your Xxxx XXX; SIMPLE IRA • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. SIMPLE IRA If we are a nonbank custodian required to comply with Regulations Section 1.408–2(e), section 1.408‐2(e) and we fail to do so, so or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulationsregulations, the IRS may, after notifying you, may require you us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX SIMPLE IRA to you in cash or property if the balance of your Xxxx XXX SIMPLE IRA drops below the minimum balance required under the applicable invest- ment investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement agreement at any time by giving written notice to the other. However, your termination of this agreement will not be effective until such time as all outstanding fees, costs, indemnities, penalties, expenses, or payments due to us are paid. We can resign as Custodian custodian at any time effective 30 days after we mail send written notice of our resignation to youyou through email (if an email address was provided, otherwise such notice will be sent to you through U.S. mail). Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX IRA within 30 days from the date we mail send the notice to you, we have the right to transfer your Xxxx XXX IRA assets to a succes- sor Xxxx XXX successor IRA trustee or custodian or trustee that we choose in our sole discretion, or we may pay or distribute your Xxxx XXX IRA assets to you in a single sumsum or assignment. If we transfer your IRA, the existing IRA documents will govern your IRA relationship with the new custodian or trustee unless the successor custodian/trustee notifies you in writing of any changes and/or requires new IRA documents to be signed by you. We shall will not be liable for any actions or failures to act on the part of any successor custodian trustee or trusteecustodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If we terminate this Agreement agreement, we reserve the right to distribute your IRA assets to you “in kind” instead of in cash. This will generally result in a taxable distribution and will be reported to the IRS and to you. If we distribute your IRA assets in kind, we will not withhold federal or state income taxes. Instead, you understand and agree that we may deem you to have waived all federal and state income tax withholding on the distribution. You will still be responsible for all tax implications resulting from the distribution, and you agree not to hold us accountable for any such income tax withholding. If this agreement is terminated, we may charge to your Xxxx XXX IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, to one or more of the following: • Any fees, expenses, or taxes chargeable against your Xxxx XXX; SIMPLE IRA • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. SIMPLE IRA If we are a nonbank custodian required to comply with Regulations Section 1.408–2(e), section 1.408-2(e) and we fail to do so, so or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulationsregulations, the IRS may, after notifying you, may require you us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX SIMPLE IRA to you in cash or property if the balance of your Xxxx XXX SIMPLE IRA drops below the minimum balance required under the applicable invest- ment investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. 16.1 Either party may terminate this Agreement at any time by giving written notice to the otherother party. We can may resign as Custodian and appoint a successor custodian to serve under this Agreement or under another governing agreement selected by the successor custodian by giving you written notice at any time effective least 30 days after we mail written prior to the effective date of such resignation and appointment, which notice shall also include or be provided under separate cover a copy of our resignation such other governing instrument, if applicable, and the related disclosure statement. You shall then have 30 days from the date of such notice to you. Upon receipt either request a distribution of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organizationthe entire account balance or designate a different successor custodian and notify us of such designation. If you do not request distribution of the account balance or notify us of the designation of a different successor custodian within such 30 day period, you shall be deemed to have consented to the appointment of the successor custodian and the terms of any new governing instrument, and neither us nor the successor shall be required to execute any written document to complete a the transfer of your Xxxx XXX within 30 days from the date we mail account to the notice successor custodian. The successor custodian may rely on any information, including beneficiary designations, previously provided by you to you, we have the right to transfer your Xxxx XXX assets to a succes- sor Xxxx XXX custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sumus. We shall not be liable for any actions or failures to act on the part of any successor custodian or trustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. . 16.2 If this Agreement is terminated, we may charge to your Xxxx XXX IRA Account a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, one or more of the following: • Any : (a) any fees, expenses, expenses or taxes chargeable against your Xxxx XXXIRA; • Any and (b) any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. IRA. 16.3 After your IRA Account with us is closed, you are responsible for ensuring that all assets previously in your Account are properly titled, registered and transferred out of our name. 16.4 If we are required to comply with Regulations Regulation Section 1.408–2(e1.408-2(e), and we fail to do so, or we are not keeping the records, making the returns, returns or sending the statements as are required by forms or Regulations, the IRS may, after notifying you, require you to substitute another trustee or custodian. We may establish a policy requiring distribution . 16.5 If our organization changes its name, reorganizes, merges with another organization (or comes under the control of any federal or state agency), or if our entire organization (or any portion which includes your IRA) is bought by another organization, that organization (or agency) shall automatically become the entire balance trustee or custodian of your Xxxx XXX IRA, but only if it is the type of organization authorized to you in cash serve as an IRA trustee or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment or policy establishedcustodian.

Termination of Agreement, Resignation, or Removal of Custodian. Custodian reserves the right to close the account without notice if it is not funded within ninety (90) days of account opening. An account that does not hold any assets and has not had any activity (e.g., a withdrawal, deposit, or transfer) for six (6) months may be classified as inactive. The Custodian reserves the right to close an inactive account at any time and without notice. Either party may terminate this Agreement at any time by giving written notice to the other. However, your termination of this Agreement will not be effective until such time as all outstanding fees, costs, indemnities, penalties, expenses, or payments due to us are paid or until we, at our discretion, waive the same. We can resign as Custodian at any time effective 30 days after we mail written notice of our resignation to youyou via email (if an email address was provided, otherwise such notice will be sent to you via U.S. mail). Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX account to another financial organization. If you do not complete a transfer of your Xxxx XXX account within 30 days from the date we mail the notice to you, we have the right to transfer your Xxxx XXX account assets to a succes- sor Xxxx XXX custodian successor Custodian or trustee that we choose in our sole discretion, or we may pay or distribute your Xxxx XXX account assets to you in a single sumsum or assignment. If we transfer your account, the existing account documents will govern your account relationship with the new custodian or trustee unless the successor custodian/trustee notifies you in writing of any changes and/or requires new account documents to be signed by you. We shall not be liable for any actions or failures to act on the part of any successor custodian or trustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement is terminated, we may charge to your Xxxx XXX account a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, one or more of the following: • Any any fees, expenses, expenses or taxes chargeable against your Xxxx XXXaccount; • Any any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. If account after your account with us is closed, if there are additional assets remaining in or subsequently credited to your account, we are required will endeavor to comply distribute or transfer such assets in accordance with Regulations Section 1.408–2(eyour prior direction, but after offsetting any applicable administrative expenses and custodial fees (per our then operative fee schedule), and we fail to do so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulations, the IRS may, after notifying you, require you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement at any time by giving written notice to the otherother or in another manner and form acceptable to us. We can resign as Custodian custodian at any time effective 30 days after we mail send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we mail send the notice to you, we may, but shall not be required to, appoint a successor custodian that we choose in our sole discretion. Upon any such successor's acceptance of appointment, we shall have the right to transfer your Xxxx XXX assets to a succes- sor Xxxx XXX custodian such successor trustee or trustee that we choose in our sole discretioncustodian, or we may pay distribute your Xxxx XXX assets to you in a single sum. We shall not be liable for any actions or failures to act on the part of any successor custodian trustee or trusteecustodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section, nor for any losses arising out of such. If this Agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, to one or more of the following: • Any fees, expenses, or taxes chargeable against your Xxxx XXX; XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. XXX If we are required to comply with Regulations Section 1.408–2(esection 1.408-2(e), and we fail to do so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulationsregulations, the IRS may, after notifying you, may require you us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement agreement at any time by giving written notice to the other. We can resign as Custodian custodian at any time effective 30 days after we mail send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we mail send the notice to you, we have the right to transfer your Xxxx XXX assets to a succes- sor successor Xxxx XXX trustee or custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We shall will not be liable for any actions or failures to act on the part of any successor custodian trustee or trusteecustodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, to one or more of the following: . • Any fees, expenses, or taxes chargeable against your Xxxx XXX; XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. XXX If we are a nonbank custodian required to comply with Regulations Section 1.408–2(e), section 1.408‐2(e) and we fail to do so, so or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulationsregulations, the IRS may, after notifying you, may require you us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of You are not required to take a distribution from your Xxxx XXX at age 701⁄2. At your death, however, your beneficiaries must begin taking distributions in accordance with Article V and section 9.07 of this article. We will make no distributions to you in cash or property if the balance of from your Xxxx XXX drops below the minimum balance required under the applicable invest- ment until you provide us with a written request for a distribution on a form provided by or policy establishedacceptable to us.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement at any time by giving written notice to the other. We can resign as Custodian at any time effective 30 days after we mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX SIMPLE IRA to another financial organizationorganiza- tion. If you do not complete a transfer of your Xxxx XXX SIMPLE IRA within 30 days from the date we mail the notice to you, we have the right to transfer your Xxxx XXX SIMPLE IRA assets to a succes- sor Xxxx XXX successor SIMPLE IRA custodian or trustee that we choose choose, in our sole discretion, or we may pay your Xxxx XXX SIMPLE IRA to you in a single sum. We shall not be liable for any actions or failures to act on the part of any successor custodian or trustee, nor for any tax consequences conse- quences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement is terminated, we may charge to your Xxxx XXX SIMPLE IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, one or more of the following: • Any fees, expenses, or taxes chargeable against your Xxxx XXXSIMPLE IRA; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXXSIMPLE IRA. If we are required to comply with Regulations Section 1.408–2(e), and we fail to do so, or we are not keeping the recordsre- cords, making the returns, or sending the statements as are required by forms or Regulations, the IRS may, after notifying you, require you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX SIMPLE IRA to you in cash or property if the balance of your Xxxx XXX SIMPLE IRA drops below the minimum balance required under the applicable invest- ment investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement agreement at any time by giving written notice to the other. We can resign as Custodian custodian at any time effective 30 days after we mail send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to Form 5305-RA under section 408A of the Internal Revenue Code. FORM (Rev. April 2017) transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we mail send the notice to you, we have the right to transfer your Xxxx XXX assets to a succes- sor successor Xxxx XXX trustee or custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We shall will not be liable for any actions or failures to act on the part of any successor custodian trustee or trusteecustodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, to one or more of the following: . • Any fees, expenses, or taxes chargeable against your Xxxx XXX; XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. XXX If we are a nonbank custodian required to comply with Regulations Section 1.408–2(e), section 1.408- 2(e) and we fail to do so, so or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulationsregulations, the IRS may, after notifying you, may require you us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement agreement at any time by giving written notice to the other. We can resign as Custodian custodian at any time effective time. If we resign, Xxxxx-Xxxxxxxx Capital, LLC (“K-M Capital”) may designate and appoint a successor custodian within 90 days after we provide them with notice of our resignation. If K-M Capital does not designate a successor custodian within 90 days after receipt of that notice, then we will mail written notice to you of our resignation. Effective 30 days after we mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you are required to transfer your XXX to another financial organization and do not complete a transfer of your Xxxx XXX within 30 days from the date we mail send the notice to you, we have the right to transfer your Xxxx XXX assets to a succes- sor successor Xxxx XXX trustee or custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We shall will not be liable for any actions or failures to act on the part of K-M Capital or any successor custodian trustee or trusteecustodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, to one or more of the following: . • Any fees, expenses, or taxes chargeable against your Xxxx XXX; XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. XXX If we are a nonbank custodian required to comply with Regulations Section 1.408–2(e), section 1.408-2(e) and we fail to do so, so or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulationsregulations, the IRS may, after notifying you, may require you us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement agreement at any time by giving written notice to the other. This agreement shall also terminate upon the complete distribution of the assets of the custodial account. We can resign as Custodian custodian at any time effective 30 days after we mail send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we mail send the notice to you, we have the right to transfer your Xxxx XXX assets to a succes- sor successor Xxxx XXX trustee or custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We shall will not be liable for any actions or failures to act on the part of any successor custodian trustee or trusteecustodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, to one or more of the following: . • Any fees, expenses, or taxes chargeable against your Xxxx XXX; XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. XXX If we are a nonbank custodian required to comply with Regulations Section 1.408–2(e), section 1.408‐2(e) and we fail to do so, so or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulationsregulations, the IRS may, after notifying you, may require you us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. 6.1 Either party may terminate this Agreement at any time by giving written notice to the otherother party. We can may resign as Custodian and appoint a successor custodian to serve under this Agreement or under another governing agreement selected by the successor custodian by giving you written notice at any time effective least 30 days after we mail written prior to the effective date of such resignation and appointment, which notice shall also include or be provided under separate cover a copy of our resignation such other governing instrument, if applicable, and the related disclosure statement. You shall then have 30 days from the date of such notice to you. Upon receipt either request a distribution of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organizationthe entire account balance or designate a different successor custodian and notify us of such designation. If you do not request distribution of the account balance or notify us of the designation of a different successor custodian within such 30 day period, you shall be deemed to have consented to the appointment of the successor custodian and the terms of any new governing instrument, and neither us nor the successor shall be required to execute any written document to complete a the transfer of your Xxxx XXX within 30 days from the date we mail account to the notice successor custodian. The successor custodian may rely on any information, including beneficiary designations, previously provided by you to you, we have the right to transfer your Xxxx XXX assets to a succes- sor Xxxx XXX custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sumus. We shall not be liable for any actions or failures to act on the part of any successor custodian or trustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. . 6.2 If this Agreement is terminated, we may charge to your Xxxx XXX Account a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, one or more of the following: • Any : (a) any fees, expenses, expenses or taxes chargeable against your Xxxx XXXAccount; • Any and (b) any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. Account. 6.3 After your Account with us is closed, you are responsible for ensuring that all assets previously in your Account are properly titled, registered and transferred out of our name. 6.4 If we are required to comply our organization changes its name, reorganizes, merges with Regulations Section 1.408–2(eanother organization (or comes under the control of any federal or state agency), and we fail or if our entire organization (or any portion which includes your Account) is bought by another organization, that organization (or agency) shall automatically become the trustee or custodian of your Account, but only if it is the type of organization authorized to do so, or we are not keeping the records, making the returns, or sending the statements serve as are required by forms or Regulations, the IRS may, after notifying you, require you to substitute another a trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement at any time by giving written notice to the other. We can resign as Custodian at any time effective 30 days after we mail written writ- ten notice of our resignation to you. Upon receipt of that noticeno- xxxx, you must make arrangements to transfer your Xxxx XXX SIMPLE IRA to another financial organization. If you do not complete a transfer of your Xxxx XXX SIMPLE IRA within 30 days from the date we mail the notice to you, we have the right to transfer your Xxxx XXX SIMPLE IRA assets to a succes- sor Xxxx XXX successor SIMPLE IRA custodian or trustee that we choose choose, in our sole discretion, or we may pay your Xxxx XXX SIMPLE IRA to you in a single sum. We shall not be liable for any actions or failures to act on the part of any successor custodian or trustee, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement is terminated, we may charge to your Xxxx XXX SIMPLE IRA a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, one or more of the following: • Any fees, expenses, or taxes chargeable against your Xxxx XXXSIMPLE IRA; • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment invest- ment in your Xxxx XXXSIMPLE IRA. If we are required to comply with Regulations Section 1.408–2(e), and we fail to do so, or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulations, the IRS may, after notifying you, require you to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX SIMPLE IRA to you in cash or property if the balance of your Xxxx XXX SIMPLE IRA drops below the minimum balance required under the applicable invest- ment investment or policy established.

Termination of Agreement, Resignation, or Removal of Custodian. Either party may terminate this Agreement agreement at any time by giving written notice to the other. We can resign as Custodian custodian at any time effective time. If we resign, Xxxxx-Xxxxxxxx Capital, LLC (“K-M Capital”) may designate and appoint a successor custodian within 90 days after we provide them with notice of our resignation. If K-M Capital does not designate a successor custodian within 90 days after receipt of that notice, then we will mail written notice to you of our resignation. Effective 30 days after we mail written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you are required to transfer your XXX to another financial organization and do not complete a transfer of your Xxxx XXX within 30 days from the date we mail send the notice to you, we have the right to transfer your Xxxx XXX assets to a succes- sor Xxxx successor XXX trustee or custodian or trustee that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We shall will not be liable for any actions or failures to act on the part of K-M Capital or any successor custodian trustee or trusteecustodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this Agreement agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to, to one or more of the following: . • Any fees, expenses, or taxes chargeable against your Xxxx XXX; XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX. XXX If we are a nonbank custodian required to comply with Regulations Section 1.408–2(e), section 1.408-2(e) and we fail to do so, so or we are not keeping the records, making the returns, or sending the statements as are required by forms or Regulationsregulations, the IRS may, after notifying you, may require you us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable invest- ment investment or policy established.