(A) Notwithstanding any notice to the Plan Administrator (or to any other person dealing with or performing services regarding the plan) that a domestic relations order or bankruptcy demand or court order or similar court order relating to the plan is or may be presented, the participant shall continue to exercise his or her duty of investment direction as required by the plan unless a final court order expressly provides otherwise and the Plan Administrator does not challenge, contest or appeal the court order.
(B) If such a court order provides for an alternate payee (or any person other than the participant) to have a right of investment direction under the plan, the Plan Administrator shall give effect to that court order to the extent permitted by the plan, and the Plan Administrator may give effect to that court order even contrary to the plan if the Plan Administrator does not challenge, contest or appeal the court order.
(Ord. NIRC 97-1, passed 1-15-1997)