|JONES LANG LASALLE INC filed this Form S-1/A on 07/11/1997|
deemed purchase or sale of the common stock of the company, then it (i) shall be
subject to the company's policies which restrict trading in company securities,
and (ii) the election shall not be given effect until such policies would allow
the individual to purchase and sell company securities. Amounts deemed invested
in the common stock of the company shall be credited with an amount equal to the
dividends earned on such deemed investment.
4.7. Individual Investment Option. In addition to the investment
described in subsection 4.6, if the administrator decides to make this option
available, amounts credited to a participant's deferral account may be deemed
credited to an individual investment option (as hereinafter defined) chosen by
such participant. The investment experience of each individual investment option
will be calculated by reference to the closing price (as hereinafter defined) or
net asset value of amounts deemed credited to such individual investment option.
In addition, the amount credited to each individual investment option will be
reduced by an amount equal to the brokerage or other transaction costs that
would have been incurred in connection with the deemed purchase or sale of an
investment. The individual investment option will consist of a deemed investment
in any mutual fund, money market fund,
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