Common use of Accumulation Plan Clause in Contracts

Accumulation Plan. If You participate in FideliTrade’s Accumulation Plan, which allows for pre-arranged, automatic, and ongoing periodic purchases, your purchases shall be made on the same day(s) of each month as selected by You on your Accumulation Plan Enrollment form. Purchases will commence on the next Accumulation Plan purchase day designated on your form, and if applicable, pending approval of your bank account. If such purchase date occurs on a day other than a banking day, such purchase date shall be automatically postponed to the next banking day. If You wish to terminate the automatic Accumulation Plan, or if You do not wish to make a purchase for a particular month, FideliTrade must receive notice at least one (1) banking day before your next scheduled purchase date. One-time purchase cancellations shall be effective only for your next scheduled purchase, and FideliTrade will thereafter resume automatic purchases on your behalf.

Accumulation Plan. If You participate in FideliTrade’s Accumulation Plan, which allows for pre-arrangedpre‐arranged, automatic, and ongoing periodic purchases, your Your purchases shall be made on the same day(s) of each month as selected by You on your Your Accumulation Plan Enrollment form. Purchases will commence on the next Accumulation Plan purchase day designated on your Your form, and if applicable, pending approval of your Your bank account. If such purchase date occurs on a day other than a banking day, such purchase date shall be automatically postponed to the next banking day. If You wish to terminate the automatic Accumulation Plan, or if You do not wish to make a purchase for a particular month, FideliTrade must receive notice at least one (1) banking day before your Your next scheduled purchase date. One-time One‐time purchase cancellations shall be effective only for your Your next scheduled purchase, and FideliTrade will thereafter resume automatic purchases on your Your behalf.