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A57 Governmental Plan and Trust
<br /> (d} To manage, sell, contract to sell, grant
<br /> options to purchase, convey, exchange, transfer, (n) To furnish to the Employer and the
<br /> abandon, improve, repair, insure, lease for any term Administrative Services Provider an annual statement
<br /> even though commencing in the future or extending of account showing the condition of the Trust and all
<br /> beyond the term of the Trust, and otherwise deal with investments, receipts, disbursements and other
<br /> all property, real or personal, in such manner, for transactions effected by the Trustee during the Plan
<br /> such considerations and on such terms and conditions Year covered by the statement and also stating the
<br /> as the Trustee decides; assets of the Trust held at the end of the Plan Year,
<br /> which accounts will be conclusive on all persons,
<br /> (e) To credit and distribute the Trust as including the Employer and the Administrative
<br /> directed by the Administrative Services Provider of Services Provider, except as to any act or transaction
<br /> the Plan. The Trustee will not be obliged to inquire as concerning which the Employer or the
<br /> to whether any payee or distributee is entitled to any Administrative Services Provider files with the
<br /> payment or whether the distribution is proper or Trustee written exceptions or objections within 90
<br /> within the terms of the Plan, ar as to the manner of days after the receipt of the accounts; and
<br /> making any payment or distribution. The Trustee will
<br /> be accountable only to the Administrative Services (o) To begin, maintain or defend any
<br /> Provider for any payment or distribution made by it litigation necessary in connection with the
<br /> in good faith on the order or direction of the administration of the Trust, except that the Trustee
<br /> Administrative Services Provider; will not be obliged or required to do so unless
<br /> (� To borrow money, to assume 8.05 RECORDS AND STATEMENTS. The
<br /> indebtedness, extend mortgages and encumber by records of the Trustee pertaining to the Trust will be
<br /> mortgage or pledge; open to the inspection of the Employer at all
<br /> reasonable times and may be audited from time to
<br /> (g) To compromise, contest, arbitrate or time by any person or persons as the Employer may
<br /> abandon claims and demands; specify in writing. The Trustee will furnish the
<br /> Administrative Services Provider whatever
<br /> (h) To have with respect to the Trust all of information relating to the Trust the Administrative
<br /> the rights of an individual owner, including the power Services Provider considers necessary.
<br /> to exercise any and ail voting rights associated with
<br /> Trust assets, to give proxies, to participate in any 8.06 FEES AND EXPENSES FROM FIJND.
<br /> voting trusts, mergers, consolidations or liquidations, The Trustee will receive reasonable annual
<br /> to tender shares and to exercise or sell stock compensation in accordance with its fee schedule as
<br /> subscriptions or conversion rights; published from time to time. The Trustee will pay
<br /> from the Trust all fees and expenses the Trustee
<br /> (i) To lease for oil, gas and other mineral reasonably incurs in its administration of the Trust,
<br /> purposes and to create mineral severances by grant or unless the Employer pays the fees and expenses.
<br /> reservation; to pool or unitize interest in oil, gas and
<br /> other minerals; and to enter into operating 8.0? PROFESSIONAL AGENTS. The Trustee
<br /> agreements and to execute division and transfer may employ and pay from the Trust reasonable
<br /> orders; compensation to agents, attorneys, accountants and
<br /> other persons to advise the Trustee as in its opinion
<br /> (j) To hold any securities or other property may be necessary. The Trustee may delegate to any
<br /> in the name of the Trustee or its nominee, with agent, attorney, accountant or other person selected
<br /> depositories or agent depositories or in another form by it any non-Trustee power or duty vested in it by
<br /> as it may deem best, with or without disclosing the the Trust, and the Trustee may act or refrain from
<br /> trust relationship; acting on the advice or opinion of any agent,
<br /> attorney, accountant or other person so selected.
<br /> (k) To perform any and all other acts in its
<br /> judgment necessary or appropriate for the proper and 8.08 DISTRIBUTION OF CASH OR
<br /> ' advantageous management, investment and PROPERTY. The Trustee may make distribution
<br /> distribution of the Trust; under the Plan in cash or property, or partly in each,
<br /> � at its fair market value as determined by the Trustee.
<br /> (I) To retain any funds or properiy subject to
<br /> any dispute without liability for Che payment of 8.09 RESIGNATION AND REMOVAL. The
<br /> interest, and to decline to make payment or delivery Trustee or the Custodian may resign its position by
<br /> of the funds or property until a court of competent giving written notice to the Employer and to the
<br /> , jurisdiction makes a final adjudication; Administrative Services Provider. The Trustee's
<br /> notice must specify the effective date of the Trustee's
<br /> � (m) To file all tax returns required of the resignation, which date must be at least 30 days
<br /> , Trustee;
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