Examples of Rayonier Share Fund in a sentence
Participants in the SpinCo Savings Plan will be prohibited from increasing their holdings in the Rayonier Share Fund under the SpinCo Savings Plan and may elect to liquidate their holdings in the Rayonier Share Fund and invest those monies in any other investment fund offered under the SpinCo Savings Plan.
After the Effective Time and the transfer of the account balances as provided in Section 5.03(b) above, all outstanding investments in the Rayonier Share Fund under the SpinCo Savings Plan shall be liquidated and reinvested in other investment funds offered under the SpinCo Savings Plan, on such dates and in accordance with such procedures as are determined by the administrator and the trustee of the SpinCo Savings Plan.
Notwithstanding any other provision to the contrary, unless a Participant has elected to receive a distribution in the optional installment form, to the extent his Account is invested in the Employer stock Investment Fund or the Rayonier Share Fund on the date distribution is to be made to a Participant, the Participant may elect to receive distribution of such Account in the form of Employer stock or in the form of Rayonier Shares, as applicable.
No Participant shall have any voting or tender rights with respect to his interest in the Rayonier Share Fund.
Notwithstanding the foregoing, Participants shall be prohibited from investing in the Rayonier Share Fund.
The Rayonier Share Fund shall be a frozen investment option, provided that Participants may elect to transfer all or a portion of their interest in the Rayonier Share Fund to any other Investment Fund at any point in time.
After the Effective Time and the transfer of the account balances as provided in S ection 5.03(b) above, all outstanding investments in the Rayonier Share Fund under the SpinCo Savings Plan shall be liquidated and reinvested in other investment funds offered under the SpinCo Savings Plan, on such dates and in accordance with such procedures as are determined by the administrator and the trustee of the SpinCo Savings Plan.