Common use of Dividend Reinvestment Program Clause in Contracts

Dividend Reinvestment Program. If I participate in the Dividend Reinvestment Program, all dividends or distributions paid on eligible securities I have selected will automatically be reinvested into shares of the same security. ▇▇▇▇▇▇ ▇▇▇▇▇ will purchase shares of the reinvestment security in the open market, and the price I pay will be the weighted average price paid by ▇▇▇▇▇▇ ▇▇▇▇▇ in any such market transaction(s).

Appears in 2 contracts

Sources: Client Services Agreement, Client Services Agreement