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<br />
<br /> aP Dui,ne ¢ ~er,ef,* P,a',s ever ma.nlameo by the 5 m.
<br />
<br /> (2) ThC denorrlrn~'.9' 0~ ¢,h:h 15 J'lC leFser O~
<br />
<br /> 1,Dr. ~:. C,",( D: l:,' 5..:t L,m,IM,Dr ~a' ur, Ge'
<br /> ton 415tb)~i);A/ Of the COde. or
<br /> (B) The prod~¢~ of 1 4 m¢',hphe¢ b) 1ho amount tha~
<br /> may be take~ ~rdo accduql under
<br /> 415fp),l}fB, of ~he Cee w,t~ respect Io the Par-
<br /> bdlpaql under BuSh L~m;lal,on Year.
<br /> (c) "Defined Coqtribuhon Plan Fract,on" shall mean a
<br /> tracbon
<br />
<br /> (1) The nume'mor o' whch ~s the sum of the annua~ add~-
<br /> t~or:s to the Pad ci28nt'~ accour,:S as Of t~e close of
<br /> the L~m~aho~ Ye~' and a!: pn3' L~m;:at;3~ Yea"s urine'
<br /> al' DS,ne2 Con:r 3,;~,dr, P;~s eve' ma~ma *.ed by
<br /> Emp~cyer.
<br />
<br /> (2) The denomination of w~c~ is the sum o~ t~e lease'
<br /> 1he todow, ng amounts ~termmed lo, ~ch
<br /> Year 8nd for e~ch prior L~mita:on 'f'88r included in
<br /> the Pamc~pan','S sew~ce with the Employer:
<br />
<br /> (A) The p'~duct of 1.25 md::~pl~ed by,ne dollar
<br /> t~3r, m effect tot such btmtt~tton Yea' under Sec-
<br /> t~dn 415(ckl)'~A: dj the C~e; or
<br />
<br /> (B) The pr~u~ o~ 1.4 muh~piie2 Dy the amount which
<br /> ruby be tar. eh inlo acoodnt under Secbon
<br /> 415(c):1)(B) of the Code w~th res2ec~ to the
<br /> l~cipar, t under such P~ans tot the Limi:abon Year.
<br />
<br />TRUST AND INVESTMENT OF ACCOUNTS
<br />
<br /> 5.01 Trust. A Tr~st is hereby cre~teJ tc hold al~ of the assets
<br /> the Plan tor the exc)us:,'e benefit of Pa~impants and
<br /> ~¢qehciar:es. except tha~ expenses and t~xes may be pai~
<br /> l,om the Tru% as provided i*, Scot,on 5 03. The Empioyer sha~;
<br /> be the trustee.
<br />
<br /> 5.02 Investment Powers. 7ne Empidyer or the Pi~q A~mm)strator,
<br /> acting as a~em 1o' the Emp,oyer. shall have the ~wers listed
<br /> in this Sectio~ 5.02 with resist Io investment of Tru~ a%ets.
<br /> except Io the extent that the investment of Trust assets i~ con-
<br /> trolled by Pamc~p~nts pursuant Io Sesbon 11.03 of the Piam
<br />
<br /> (a) To invest and reinvest the Trust without d~stinction be-
<br /> tween prmclpa! and income in any form of tangib:; or in-
<br /> tangible propeq~, real personal, or re:xed, and wherever
<br /> sduated, inc[ud,ng but not by way of I,mJtabon, common
<br /> or preferred stocks, shares of regulated investmenl com-
<br /> pames and other mutual funds, bonds, loans, notes, d~
<br /> bentures, mortgages, ce~iflcates of de.sit, ~nterest, or
<br /> pad~cipatton, eqd,pment trus' ceMiflcaleS, commercial
<br /> paper including but not hmitea to paAicipation in ~led
<br /> commercial paper accounts, Contracts with insurance
<br /> companies including bul not limited Io insurance, in.
<br /> dividual or group annudy, deposil administration, and
<br /> guaranteed ~meresl conlracls, de.sits at reasonable
<br /> tales of mlerest at bank~n9 instilulions including but
<br /> I~miled ~o sav,ngs accoums and cemhcates el de.sit, and
<br />
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<br />t:,.rr ,,,' 9'fi.("[-':59, ¥,t;(,r(,,,( ' I'. n;(I) by 'V.~ : ",
<br />
<br />O' O;~'~t:'~ W'h,r,O' wdb:,~l Ih(, [)',',.~ ~,'*", . 5' ;*'
<br />v.'.¢,",~:' S:)c.h mvo',tql,:'n'% a' in~ ." '
<br />
<br /> AS .... o' the Tret.t ma. yb(, mve~.',vJm s-.: '",(-~
<br />
<br />mf.r,'.S t~al have eom( ~Irale: ~h(,' ~r.(., .
<br />mar,[e O.er an extenoud pe~,c,d of
<br />
<br />To ~n~'es' and reinvest al~ or ar ~art c,' ~ ,* ~
<br />~ru['. ;" 9%' 6omrnaa. CC'h( ;twP or 6o[:.q~ :';.~,( ~
<br />lh~' ~5 ma:nJa'.",e3 by a bank or OlhP' ir,~ .~tu' C,- ~:Z
<br />
<br />o' Ir,e dude. O~ any sucsessDr pro'¢~s,gn~ the'::D.
<br />
<br />medium . halt ex.. tO the extenl o! p~,l c,pa,.~' --.
<br />Piam ire deciara',~on Of trus~ Ol Such com~ D~.
<br />or commingled trust fund shal~ CO~St,tu:e a pa't
<br />P~an.
<br />
<br />To invest And reinvest aE or any pad Ct th~
<br />TruS~ m any 9soup aqnuih', de~Ds,t adm n,s'r&t ;~
<br />Bn~2 ~n:erest oonlract ISSUES by an ins: 'ar,:e co
<br />on a ~mmin¢'.ed or ~lledt,ve D~sis wit~. ~ -: ~-,
<br />other pan or trust oualif'e2 under Sec!,o~
<br />elbe' p:&~ d~- :ribed m Se$t,o"~ 431:8. 241 3'
<br />and such contract may be he)¢ or ~ss'Je2 in the
<br />the P~&r, Adm,nistrator, or such cus~od~a~ as the
<br />Admimmrator may ap~int, as agem and
<br />Emplo??-. Dunng the ~r~od that an mvestmen: th';.~
<br />any au: contract shall exist, to ?e exlent of
<br />lion of ~ne Plan, the terms and condmons of sudh
<br />tract Sba] +"'"
<br /> consJ..,e a pan of the Pi~.
<br />
<br />To pursue pad v-.cereals in rea! pro~y o: in
<br />o~ rea' prope~', wherever such rea; prc. De~). m~.
<br />Sc' ;died. and lo delegate to a properly m~aoer
<br />ho~cer ¢ ~oiders of a ma)drily imeres~ in such rea
<br />pe~y or mDnga? on rea~ property thc manaoemep:
<br />operation of any pa~ imerest in su:~ re~'.
<br />mondayS.
<br />
<br />To ho~d cash awaiting investment ar,¢ lO keep
<br />riot, o' the Trust ir, c~sh or c~sh b~&~:es.
<br />f~r in~e'¢s: in such amounts as ma. ' -~ fmc
<br />be deemer to be reasona~ie anQ necessa~, lo
<br />oDh~t,D~s U~dOr the Plan or othe~se lo be ;n the
<br />interests of the P~an
<br />
<br />To re',~m manage, o~rate, aamimster, dwide.
<br />pa~it,on, mortgage, pledge, improve ac:er, dcm:
<br />rem~¢, repaff, and develop in any ma- -~er any
<br />or any pz~ of or pared! interest in any proDe~y.
<br />per~n¢ held in the Trust, lo lease such
<br />period of brae. and to grant options tc se~!.
<br />lease, or othe~iise disuse of any such prope~, w,'
<br />regard to restnctions apDh*ab'e,~ , to fiduciaries or
<br />and without the approval of any dour,.
<br />
<br />To set: id- ~sh or cr~it, redeem, exchange (o' othe-
<br />~y. ~vey, transfer, or othe~ise d~spcse of at.
<br />pe~y he!; in the Trusl in any manner and al any
<br />by pdvate contract or at public auction or o~he~ise,
<br />no other per~n shall be ~und to ~e to the
<br />Of the purchase money or to inquire hie lhe valid
<br />~ens)'. or propnety of any such ~le or other d
<br />
<br />To ente- into contracts tot or Io make commitments
<br />alone or m com~ny wilh others to purchase or self
<br />luture date any prope~y acquired tor the Trust.
<br />
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