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<br /> tc s~oc~ s bonos secure.es, or other prope~i he~d ~r,
<br />
<br /> Tt e~pg? or ~o consenl · o~ pa~Jc~D~:te ~n ar,y organ,sa-
<br /> t.tn. r(: r~nq~uJon. COqso,~C0hC q. merger.
<br /> roz-~uz-:~ ant al t:n~',ces, cr s;m,;,ar arrar, ggmer,1
<br /> re~;,c _t J~ ~ny c,.'rZ, o:~'.Cr;, c3m¢a%~. or assc~.auon any
<br /> C[ :he SC:,r~t,cs Of ~Mch are held ~n the Trust. to do
<br /> act w,th ' ~erence thereto, including the exert'se of
<br /> t,oqs the mak,ng of ag,cements 0r ubscnpt,ons an~ the
<br /> pG/mer, t cf 6x~nses. assessmenls or sub~npi~ons m~t
<br /> may be deemed necessary cr advisable m connechon
<br /> thor.: .;Ih. and ia accept, hold. and reta.n any securities
<br /> or olhe~ Drapery that may be so acquired
<br />
<br />(k) To dc~s:~ ~ny Drapery he:c in the Trust with any pro-
<br /> festive, reorganization, or s,milar comm~, and to dei~
<br /> ga'e discretional, ~wer thereto and to pay and agree
<br /> to pay pan of its ex~nses and compensation and any
<br /> ~s3f ~s~'eq[5 levied v;;t~ r~spec: to zny such prepe~y so
<br /> de~c.s.le3.
<br />
<br /> To hold. to authorize the hoia,ng of. and to register any
<br /> investment to the Trust m the name of lhe PJan,
<br /> Employ ar. or ~ny nomm~ or agent of any of the for~.s,ng.
<br /> ,rcludmg the Plan Administrator. or in bearer form.
<br /> dez. osii or arrange for the deposit of securities in a
<br /> qualified cent~a~ de~sito~ even though, when
<br /> eeF~slt~, such ~urities may ~ mer~ a~ herd in bulk
<br /> m ~e r,~me of the nominee of Such de~sitory with other
<br /> securJt:es oe~sited there:n b~ any other per,n, and to
<br /> or~3r ze cor~ra~]ons or trusJs under the laws of any
<br /> jur~sdic:,on for the purpose of acquinng or holding title to
<br /> any - rcoe~y for the True:. all ~ith or w;tho~ the add;don
<br /> of v, 'cs er other act~cq tc ir, dica!e that prop~ is ~eld
<br /> ir. a :.Guc~ary or rep,c ~entauve capam~, bu~ the ~coks
<br /> and ~ zo'cs of the PJa'r sha~l at elf trines show that all such
<br /> m~es:me~[s are pa~ of the
<br />
<br />~,} U~o-; sz;h terms as m~y De ceemed advisable by the
<br /> Emp-cye- or the Plan Acm~nist,a::,. as t~e case may be.
<br /> for the prctecSon of the tr.:erects 0f t~ ~ Plan or for the
<br /> [,:~sgr. ~tion O1 the va:ua of an investmenh to exercise
<br /> enlotce by suit Jar lega~ or equitable rem~[es or by other
<br /> ~:ct,on. or to wa;ye any right or claim on ~half of the
<br /> or any cefault ~ ~ny o~; g~t;oq o~,fing to the Flaq, to renew.
<br /> ext(-nd the time '.o p~ mentoI, agree to a r~dction in the
<br /> rate al ir, tares' on, or agree lo any other modihcat[on or
<br /> change in Ih( erms of any obiigat,on owing to the Plan,
<br /> to se:l'e, cam; 'amice. ~ajust. or submit to arbitration dry
<br /> cJ~[f~; g[ [l~h[ favor of or aga:ns~ the Plan. to exercise
<br /> ~o en'3'ce an~ and ail rights of Jc'eciosure. bid lot
<br /> pen') in fc,ec]osure, and take a deed in lieu of foreclosure
<br /> v, iJh or w:lnoul paying consideralion therefor, lo cam-
<br /> r-- ~n:c or defend suits or o~.6[ legal pt~ee:~ngs when-
<br /> (. 5' :-.r / interest of the Plan requires it, and Io represen~
<br /> t ~. ~,~-, q all su~ts or legal proceedings in any cou~ of
<br /> law or (:.uity or before any body or tribunal.
<br />
<br />(n) To emplgy suiJabJe consultants, de~siJories, agents, and
<br /> legal counsel on behalf al Ihe Plan.
<br />
<br /> d,'~d~, lea'/', m(,qg:~';," cg,iv[-,.~lr~(' C[.r";'"
<br />
<br /> forego,r.g
<br />
<br /> (p) ~0 ODor. Bric ~o qJa,n any bbq~ ar. count Or ~CgOJ't'
<br /> lho r, ame o[ "-{ Plan. th( Employer. Or a'~i non-.cee
<br />
<br /> in any ban~ G~ ba~s
<br />
<br /> (q) To do Bny ~r~ 8il olhe~ ~¢ts that m~y be degreed
<br /> necess~ Io c~'ry DUI a~y Gl the ~,er5 Scl fo~h ~er~ r,
<br />
<br />5.03 TBxesmndEx~n~s.A~t~esof~nyand~ilkmd;
<br />
<br /> UPOn. or in resDest :~ the Tr~S:. Or 1he IRCOrne lh~rg?.
<br /> Eli COmm,ss;ons O' acqu~$,bons Or d~s~s~bons of socu', es
<br /> and s;mJlar expe-se3 cf ipveF,~m~q! ard 'e ~ ,'( ~,~m(',-~t cf
<br /> T-us~.shailbepa:~fromtheTrust Suchreasonanleccmpe~-
<br /> s~t*on of the Plan ~m;r ?dior. 8s may be agrced upon from
<br /> t~me to l~me by the Employer and the Plan Adm,mstrator.
<br /> reimbursement lot reasoqab,e expenses recurred by the P',aq
<br /> Admm~s;ralor in ~c~ance of ~ duties hereunder (incluC ng
<br /> but not lim;t~ lo fees for legal, accounting, invesJment and
<br /> Cust~ial seduces; Sh~l alSO be pa~d from the Trust.
<br />
<br />~.04 Payment of Benefits. T~e pa/meqt of benef:ts from the
<br /> in accorcA~ce w:th me ~erms of the Plan may De made by the
<br /> Plan Administrator. or Dy any cust~ian or other per~n
<br /> authorized by the Employer ~c make such d~sbu'semenl The
<br /> Plan Admimstrato,. :=st~;a~ er other ~rsOn Sh~ no~ ~
<br /> w~th respe:; to ar~ =;E:r~Du~,On Of Trust csse;s made at
<br /> o;rect;on of the Employer.
<br />
<br />5.0S Investment Fund~. In accorcance with rules establish~ by
<br /> the Employer and :he P:;n Admm;stra~gr. the Pa ~ ciDaqt may
<br /> direct his/her ac~unts to be ~nvested in one or ore ;nvest-
<br /> merit funds avad~e under the Plan; provided, hcweve~, that
<br /> the ='a~ici~nt's invemmem dir~t¢ons shall not v~olate 8~ ,n-
<br /> ves'~ent restrictlcns specified in the Adoption Agreemem.
<br />
<br />5.06 V~luation of Ac~unts. As of each Accounting Date. the
<br /> Trust a~ets he',= m each investment fund offered sha~! pe
<br /> valued at fair m_'~et value and the investmem income
<br /> gains or losses fc.r eac% bnd sha]~ be determine. Such
<br /> merit income and gains or losses shall be all~a;ed propor-
<br /> tionately among a~; ~:count balances on a fund-~y-funa
<br /> ~e a~l~tion sba4 be tn the pro~FJon that each such a~unt
<br /> baiance as of the immedia;e~y preceding Accounting Bate
<br /> bests [c ;he tota: of a~l such ac-: ~t baJances, iess
<br /> heid ~n Pa~ic~pan~ Loan Accounts. as of tha~ Accounting
<br /> For purposes of %'s A~c!e. aq accodn[ bA:&r.~es
<br /> (~) the acceum b8 ~%es of a',l Panic;pants a~d Benefic;a-.es
<br /> and (i;) the Suspense Account.
<br />
<br />5.07 Padici~nt Loan Accounts. Psnicip~nt Lc~n Acccunts
<br /> ~ inve~ in a~'=s~ ~h ~[oq 11.03 of the Plan. Suc~
<br /> accoums shail ncr s'ere in any investment income and
<br /> or losses of the investment lungs described in Section 5
<br /> of the PJan.
<br />
<br />VI. VESTING
<br />
<br /> 6.01 Vesting Schedule. A Padicipanl shall have a Nenforfe:ta~!e
<br /> Interesl in the percentage of his/her Emp!oyer Contdbut,on Ac-
<br /> count deten'nined pursuant lathe schedule elected in the Adop-
<br /> tion Aoreement
<br />
<br /> 6.02 Service After Break in Service. If a Pa,'iicipant (whether or
<br /> not a Re-employee Inc;,vidua~) resumes employment -~*=
<br /> · c,t~r a
<br /> B,eak in Service. an}' subsequent Period of Service sna!l be
<br /> disregarded in dele'mining the Nor orfeitable Interest in h~s-l~er
<br /> Emp:oyer Contribu,.ion Account accrued prior to such Break
<br /> Jn S: .'vice.
<br />
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