DYN » Topics » Accounts

This excerpt taken from the DYN 10-Q filed Aug 7, 2008.
Accounts. The Committee shall establish an Account for each Participant to reflect Matching Allocations, if any, made for the Participant’s benefit together with any adjustments for income, gain or loss and any payments from the Account. The Accounts are established solely for the purposes of tracking Matching Allocations and any income adjustments thereto. The Accounts shall not be used to segregate assets for payment of any amounts deferred or allocated under the Plan.

 

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5.2

Investments for Accounts.

(a)       Amounts credited to each Participant’s Account shall be deemed invested, in accordance with the Participant’s directions, in one or more investment funds that are available under the Plan. If a Participant does not make investment elections with respect to amounts credited to his Account, such amounts shall be deemed invested in the default investment fund specified by the Committee as the default investment fund under the particular Qualified Plan. The investment funds available under the Plan shall be those designated by the Committee from time to time in its discretion. Notwithstanding any provision in the Plan to the contrary, earnings and losses based on a Participant’s investment elections shall begin to accrue as of the date amounts are credited to the Participant’s Account. The Committee may promulgate uniform and nondiscriminatory rules and procedures governing investment elections under the Plan.

(b)       A Participant shall make his investment fund selections in any manner established by the Committee, including through a website made available for such purpose. Investments must be made in whole percentages. A Participant may change his investment elections at any time, or may reallocate amounts invested among the investment funds available under the Plan.

5.3       

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