Common use of Trustee Management of Investment Clause in Contracts

Trustee Management of Investment. If any portion of this HSA is a managed HSA, as indicated on the application or any other supporting documentation, we will manage the investment of the applicable HSA assets. Accordingly, we can manage, sell, contract to sell, grant, or exercise options to purchase, convey, exchange, transfer, abandon, improve, repair, insure, lease for any term, and otherwise deal with all property, real or personal, in your HSA in such manner, for such prices, and on such terms and conditions as we will decide. We will have the power to do any of the following as we deem necessary or advisable. 1. To invest your HSA assets in a single trust fund, and to collect the income without distinction between principal and income 2. To invest your HSA assets in a common trust fund or common investment fund within the meaning of Code section 223(d)(1)(D) 3. To invest your HSA assets into savings instruments that we offer 4. To invest your HSA assets in any other type of investment permitted by law, including, but not limited to, common or preferred stock, open- or closed-end mutual funds, bonds, notes, debentures, options, U.S. Treasury bills, commercial paper, or real estate 5. To hold any securities or other property under this agreement in our own name, in the name of a nominee, or in bearer form 6. To make, execute, acknowledge, and deliver any and all documents of transfer and conveyance (including documents for the transfer and conveyance of real estate), and any and all instruments that may be necessary or appropriate to carry out our powers 7. To employ suitable agents, attorneys, or other persons 8. To enter into lawsuits or settle any claims concerning the assets in your HSA, and to be reimbursed for any expenses or damages from you or your HSA assets 9. To exercise the voting rights and other shareholder rights with respect to securities in your HSA, provided, however, that we reserve the right to enter into a separate agreement with you governing the exercise of voting and other shareholder rights 10. To perform any and all acts that we deem necessary or appropriate for the proper administration of your HSA All of the foregoing notwithstanding, our powers will be subject to any and all restrictions or limitations, direct or indirect, that are imposed by our charter, articles of incorporation, or bylaws; any and all applicable federal and state laws and regulations; the rules, regulations, customs, and usages of any exchange, market, or clearing house where the transaction is executed; our policies and practices; and this agreement.

Trustee Management of Investment. If any portion of this HSA IRA is a managed HSAIRA, as indicated on the application or any other supporting documentation, we will manage the investment of the applicable HSA IRA assets. Accordingly, we can manage, sell, contract to sell, grant, or exercise options to purchase, convey, exchange, transfer, abandon, improve, repair, insure, lease for any term, and otherwise deal with all property, real or personal, in your HSA IRA in such manner, for such prices, prices and on such terms and conditions as we will decide. We will have the power to do any of the following as we deem necessary or advisable. 1. To invest your HSA IRA assets in a single trust fund, and to collect the income without distinction between principal and income 2. To invest your HSA IRA assets in a common trust fund or common investment fund within the meaning of Code section 223(d)(1)(D408(a)(5) 3. To invest your HSA IRA assets into savings instruments that we offer 4. To invest your HSA IRA assets in any other type of investment permitted by law, including, but not limited to, common or preferred stock, open- or closed-end mutual funds, bonds, notes, debentures, options, U.S. Treasury bills, commercial paper, or real estate 5. To hold any securities or other property under this agreement in our own name, in the name of a nominee, or in bearer form 6. To make, execute, acknowledge, and deliver any and all documents of transfer and conveyance (including documents for the transfer and conveyance of real estate), and any and all instruments that may be necessary or appropriate to carry out our powers 7. To employ suitable agents, attorneys, or other persons 8. To enter into lawsuits or settle any claims concerning the assets in your HSAIRA, and to be reimbursed for any expenses or damages from you or your HSA IRA assets 9. To exercise the voting rights and other shareholder rights with respect to securities in your HSAIRA, provided, however, that we reserve the right to enter into a separate agreement with you governing the exercise of voting and other shareholder rights 10. To perform any and all acts that we deem necessary or appropriate for the proper administration of your HSA IRA All of the foregoing notwithstanding, our powers will be subject to any and all restrictions or limitations, direct or indirect, that are imposed by our charter, articles of incorporation, or bylaws; any and all applicable federal and state laws and regulations; the rules, regulations, customs, and usages of any exchange, market, or clearing house where the transaction is executed; our policies and practices; and this agreement.

Trustee Management of Investment. If any portion of this HSA Xxxx XXX is a managed HSAXxxx XXX, as indicated on the application or any other supporting documentation, we will manage the investment of the applicable HSA Xxxx XXX assets. Accordingly, we can manage, sell, contract to sell, grant, or exercise options to purchase, convey, exchange, transfer, abandon, improve, repair, insure, lease for any term, and otherwise deal with all property, real or personal, in your HSA Xxxx XXX in such manner, for such prices, prices and on such terms and conditions as we will decide. We will have the power to do any of the following as we deem necessary or advisable. 1. To invest your HSA Xxxx XXX assets in a single trust fund, and to collect the income without distinction between principal and income 2. To invest your HSA Xxxx XXX assets in a common trust fund or common investment fund within the meaning of Code section 223(d)(1)(D408(a)(5) 3. To invest your HSA Xxxx XXX assets into savings instruments that we offer 4. To invest your HSA Xxxx XXX assets in any other type of investment permitted by law, including, but not limited to, common or preferred stock, open- or closed-end mutual funds, bonds, notes, debentures, options, U.S. Treasury bills, commercial paper, or real estate 5. To hold any securities or other property under this agreement in our own name, in the name of a nominee, or in bearer form 6. To make, execute, acknowledge, and deliver any and all documents of transfer and conveyance (including documents for the transfer and conveyance of real estate), and any and all instruments that may be necessary or appropriate to carry out our powers 7. To employ suitable agents, attorneys, or other personspersons‌‌‌‌ 8. To enter into lawsuits or settle any claims concerning the assets in your HSAXxxx XXX, and to be reimbursed for any expenses or damages from you or your HSA Xxxx XXX assets 9. To exercise the voting rights and other shareholder rights with respect to securities in your HSAXxxx XXX, provided, however, that we reserve the right to enter into a separate agreement with you governing the exercise of voting and other shareholder rights 10. To perform any and all acts that we deem necessary or appropriate for the proper administration of your HSA Xxxx XXX All of the foregoing notwithstanding, our powers will be subject to any and all restrictions or limitations, direct or indirect, that are imposed by our charter, articles of incorporation, or bylaws; any and all applicable federal and state laws and regulations; the rules, regulations, customs, and usages of any exchange, market, or clearing house where the transaction is executed; our policies and practices; and this agreement.

Trustee Management of Investment. If any portion of this HSA Xxxx XXX is a managed HSAXxxx XXX, as indicated on the application or any other supporting documentation, we will manage the investment of the applicable HSA Xxxx XXX assets. Accordingly, we can manage, sell, contract to sell, grant, or exercise options to purchase, convey, exchange, transfer, abandon, improve, repair, insure, lease for any term, and otherwise deal with all property, real or personal, in your HSA Xxxx XXX in such manner, for such prices, prices and on such terms and conditions as we will decide. We will have the power to do any of the following as we deem necessary or advisable. 1. To invest your HSA Xxxx XXX assets in a single trust fund, and to collect the income without distinction between principal and income 2. To invest your HSA Xxxx XXX assets in a common trust fund or common investment fund within the meaning of Code section 223(d)(1)(D408(a)(5) 3. To invest your HSA Xxxx XXX assets into savings instruments that we offer 4. To invest your HSA Xxxx XXX assets in any other type of investment permitted by law, including, but not limited to, common or preferred stock, open- or closed-end mutual funds, bonds, notes, debentures, options, U.S. Treasury bills, commercial paper, or real estate 5. To hold any securities or other property under this agreement in our own name, in the name of a nominee, or in bearer form 6. To make, execute, acknowledge, and deliver any and all documents of transfer and conveyance (including documents for the transfer and conveyance of real estate), and any and all instruments that may be necessary or appropriate to carry out our powers 7. To employ suitable agents, attorneys, or other persons 8. To enter into lawsuits or settle any claims concerning the assets in your HSAXxxx XXX, and to be reimbursed for any expenses or damages from you or your HSA Xxxx XXX assets 9. To exercise the voting rights and other shareholder rights with respect to securities in your HSAXxxx XXX, provided, however, that we reserve the right to enter into a separate agreement with you governing the exercise of voting and other shareholder rights 10. To perform any and all acts that we deem necessary or appropriate for the proper administration of your HSA Xxxx XXX All of the foregoing notwithstanding, our powers will be subject to any and all restrictions or limitations, direct or indirect, that are imposed by our charter, articles of incorporation, or bylaws; any and all applicable federal and state laws and regulations; the rules, regulations, customs, and usages of any exchange, market, or clearing house where the transaction is executed; our policies and practices; and this agreement.

Trustee Management of Investment. If any portion of this HSA inherited IRA is a managed HSAinherited IRA, as indicated on the application or any other supporting documentation, we will manage the investment of the applicable HSA inherited IRA assets. Accordingly, we can manage, sell, contract to sell, grant, or exercise options to purchase, convey, exchange, transfer, abandon, improve, repair, insure, lease for any term, and otherwise deal with all property, real or personal, in your HSA inherited IRA in such manner, for such prices, prices and on such terms and conditions as we will decide. We will have the power to do any of the following as we deem necessary or advisable. 1. To invest your HSA inherited IRA assets in a single trust fund, and to collect the income without distinction between principal and income 2. To invest your HSA inherited IRA assets in a common trust fund or common investment fund within the meaning of Code section 223(d)(1)(D408(a)(5) 3. To invest your HSA inherited IRA assets into savings instruments that we offer 4. To invest your HSA inherited IRA assets in any other type of investment permitted by law, including, but not limited to, common or preferred stock, open- or closed-end mutual funds, bonds, notes, debentures, options, U.S. Treasury bills, commercial paper, or real estate 5. To hold any securities or other property under this agreement in our own name, in the name of a nominee, or in bearer form 6. To make, execute, acknowledge, and deliver any and all documents of transfer and conveyance (including documents for the transfer and conveyance of real estate), and any and all instruments that may be necessary or appropriate to carry out our powers 7. To employ suitable agents, attorneys, or other persons 8. To enter into lawsuits or settle any claims concerning the assets in your HSAinherited IRA, and to be reimbursed for any expenses or damages from you or your HSA inherited IRA assets 9. To exercise the voting rights and other shareholder rights with respect to securities in your HSAinherited IRA, provided, however, that we reserve the right to enter into a separate agreement with you governing the exercise of voting and other shareholder rights 10. To perform any and all acts that we deem necessary or appropriate for the proper administration of your HSA inherited IRA All of the foregoing notwithstanding, our powers will be subject to any and all restrictions or limitations, direct or indirect, that are imposed by our charter, articles of incorporation, or bylaws; any and all applicable federal and state laws and regulations; the rules, regulations, customs, and usages of any exchange, market, or clearing house where the transaction is executed; our policies and practices; and this agreement.