Common use of Discretionary Actions Clause in Contracts

Discretionary Actions. Any discretionary action, including the granting of a loan pursuant to Section 10 hereof, to be taken by the Employer or the Administrator under this Plan shall be non-discriminatory in nature and all Employees similarly situated shall be treated in a uniform manner.

Appears in 3 contracts

Sources: Scudder Flexi Plan Agreement (Scudder Portfolio Trust/), Scudder Flexi Plan Agreement (Scudder Equity Trust), Scudder Flexi Plan Agreement (Scudder Investment Trust)

Discretionary Actions. Any discretionary action, including the granting of a loan pursuant to Section 10 12 hereof, to be taken by the Employer or the Administrator under this Plan shall be non-discriminatory in nature and all Employees similarly situated shall be treated in a uniform manner.

Appears in 1 contract

Sources: Employer Adoption Agreement (Scudder Gnma Fund)