Full Discretion. The ability of a Participant to invest the assets of a Directed Account in the following categories of investments as provided under the Investment Authorization and offered by CSTC or the Broker in the ordinary course of its business: (i) any security that is traded on an established securities exchange; (ii) shares or units issued by an investment company registered under the Investment Company Act of 1940, as amended; and (iii) obligations issued or guaranteed by the U.S. Government, its agencies or instrumentalities. A separate account at the Broker shall be established for each Participant who is authorized to exercise Full Discretion.
Appears in 2 contracts
Sources: 401(k) Profit Sharing Plan Agreement (C Cube Microsystems Inc), Trust and Custodial Agreement (Hs Resources Inc)