Common use of Manner of Investment Clause in Contracts

Manner of Investment. All contributions to the Account of a Participant shall be held in trust by the Trustee designated in the Adoption Agreement. Except to the extent that a Participant's Account is invested in a loan pursuant to Section 10 hereof, the Account of a Participant may only be invested and reinvested in shares of Designated Investment Companies, unless the Distributor permits less than 100% of the Trust assets to be so invested. If the Administrator or the Participant, as the case may be, has elected to have a portion of an Account invested in other than shares of Designated Investment Companies and the Distributor has authorized the investment of less than 100% of Trust assets in such shares, the Trustee shall invest such amount in such investments as it is empowered to invest in under Section 11.03 hereof. The Designated Investment Companies available for investment may be limited by the Employer. Investment in the shares of more than one Designated Investment Company is not permitted unless the value of the Participant's Account and the value of the investment in each additional Designated Investment Company exceed amounts from time to time determined by the Distributor.