Rollover Contributions and Transfers Clause Samples

Rollover Contributions and Transfers. Subject to the restrictions in Article I, the Custodian shall have the right to receive rollover contributions and to receive direct transfers from other Custodians or trustees. All contributions must be made by check or wire (no cash).

Rollover Contributions and Transfers. (a) The Employee shall be permitted to make a rollover contribution to the Account of an amount received by the Employee that is attributable to participation in another annuity contract or custodial account described in Section 403(b) of the Code, provided such rollover contribution complies with all requirements of Section 403(b)(8) or Section 408(d)(3)(A)(iii) of the Code, whichever is applicable. (b) The Custodian may accept a direct transfer of assets to the Account on behalf of the Employee from another annuity contract or custodial account described in Section 403(b) of the Code to the extent permitted by the Code and the regulations and rulings thereunder. The Employee shall not request or initiate a transfer (or a rollover) from a contract or account containing distribution restrictions that are more restrictive than those provided in Article V. The Employee shall not request or initiate a transfer from a contract or account covered by ERISA, unless the transferee Account is part of an employee benefit plan which provides distribution restrictions which meet the requirements of Section 205 of ERISA and the regulations thereunder with respect to any amount transferred. (c) Neither the Custodian nor the Company shall have any duty or responsibility for determining whether any rollover contribution or transfer of assets by or on behalf of the Employee pursuant to this Article 3.8 is a proper rollover contribution or transfer of assets under the Code, or for the tax treatment to the Employee of any transfer or rollover.

Rollover Contributions and Transfers. The Custodian may accept rollover contributions and transfers as a deposit to the Custodial Account, as described in Article VI. The Participant shall execute such forms as the Custodian may require describing the source of the rollover contribution or transfer. The Custodian will not accept certain rollover contributions or transfers as described in Section 6.2.

Rollover Contributions and Transfers. The Plan Administrator, in accordance with Code §416 and the applicable Treasury regulations, will include unrelated Rollovers and Transfers which the Plan makes and related Rollovers and Transfers which the Plan receives. The Plan Administrator will exclude related Rollovers and Transfers which the Plan makes and unrelated Rollovers and Transfers which the Plan receives. In-plan R▇▇▇ rollovers are related Rollovers.

Rollover Contributions and Transfers. The Custodianshallhavetherighttoreceiverollovercontributions and to receive direct transfers from other Custodians or trustees. All contributions must be made by check or wire (no cash).

Rollover Contributions and Transfers. This Section provides the rules regarding Rollover Contributions and transfers that may be made under this Plan. The Plan Administrator has the authority under Section 11 to accept Rollover Contributions under this Plan and to enter into transfer agreements concerning the transfer of assets from another plan to this Plan.

Rollover Contributions and Transfers. (a) The Employee shall be permitted to make a rollover contribution to the Account of an amount received by the Employee that is attributable to participation in another annuity contract or Custodial Account described in Section 403(b) of the Code, provided such rollover contribution complies with all requirements of Section 403(b)(8) or Section 408(d)(3)(A)(iii) of the Code, whichever is applicable. (b) The Custodian may accept a direct transfer of assets to the Account on behalf of the Employee from another annuity contract or Custodial Account described in Section 403(b) of the Code to the extent permitted by the Code and the regulations and rulings thereunder. The Employee shall not request or initiate a transfer from a contract or account covered by ERISA, unless the transferee Account is part of an employee benefit plan which provides distribution restrictions which meet the requirements of Section 205 of ERISA and the regulations thereunder with respect to any amount transferred. (c) Neither the Custodian nor the Company shall have any duty or responsibility for determining whether any rollover contribution or transfer of assets by or on behalf of the Employee pursuant to this Article 3.6 is a proper rollover contribution or transfer of assets under the Code, or for the tax treatment to the Employee of any transfer or rollover. (d) The Employee reserves the right to transfer or roll over the assets of the Account to such other form of annuity contract or Custodial Account described in Section 403(b) of the Code or to such Individual Retirement Account (IRA) ▇▇ other plan established pursuant to Section 408 of the Code as the Employee may determine, upon written instructions to the Custodian, in a form acceptable to the Custodian, provided, however, that the Custodian shall have no responsibility for the tax treatment to the Employee of any such transfer or rollover. (e) The Custodian shall not be liable for losses arising from the acts, omissions, or delays or other inaction of any party transferring assets to the Account or receiving assets transferred from the Account pursuant to this Article.