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HomeMy WebLinkAbout0305 ~ . ~ w ~ ' DEFINED-d£NEFI'P PE:NSION PLAN At~D TRUS'F A:~Rt'EMI'~T WHEREAS~ it is the intention of the Employer to es- -tablish, or, if appropriate and authorized by a Resoiution of the Board of~Directors attached hereto, to amend anc~ restate a Pension Plan and Trust for the sole and excZusive benefit of its eligible employees who qualify as Participants hereunder and their bene- ~ ficiaries, as herein provided under the provisions of Section 401 of the Intetnal Revenue Code, as amended by the Enployee Retire- ment Income Security Act of 1974, and to make contributions theret~ under the provisions oE Secti~n 404(a) of Said Internal Revenue ~ Code as amended; and . WNEREAS, it is in~the int~ntion of the Em~loyer and the Trustee to operatc this Pl~n and Trust in accordance with the : orovisions of the Internal Revenue Code as amende~ by the Employee Retirement Income Security-Act of 1974, as interpreted = by regu2ations E~rescribed by the Oepa~tment of the Treasu~y and the Secretary~of Labor; and l WHERE~S, this Agreement incorporates the provision of the Pension Plan and related Trust; and WHEREAS, the parties of this Agreement are the Employei and the Trustee who have executed and accepted said agreement; and - WHEREAS, the P1 an anrl Tr ust er~bod ied her e in have been duly approved and authorized by the Doard oE Directors of said Employer and constitute the Agreement between the parties; NOW, THERL•:FORE:, TH I S.AGREEMENT, ~ iVITNESSETti: ARTICLE I ; CREa:10N AND NAME ' ~ ~ I:1 A voluntary Pension Plan and a voluntary Pension z Trust are hereby established or amendpd and restated, r ~ if appropri~te, and shall be desiqnated as indicated ~ in the Adoption Agreement and hereinafter referred to as "Plan" and "Trust". ~ ~ ~ -1I- . ~ qp~ ~ 8:~#t ~r~7J ~1~1~E i ~ . . - ; r,., n.- - - "',~,..r "__~_:~~-.s..~.~.ar- _ --t-_ _,~.._w~~v _ ~ µ~hx` .i~ ~ ~`~~~y,°,.~' ~ ~y ~