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Florida Municipal Pension Trust Fund <br /> 457(b) Deferred Compensation Plan <br /> 6 . 2 . 3 Investment direction must be in writing <br /> Each investment direction shall be in writing and shall not be proper unless the writing is <br /> signed by the Investor. Except as otherwise specified by the Agent ' s investment direction <br /> procedure, "writing" and "signed" shall be construed according to Provision 17 . 25 <br /> [" Signatures and broad acceptance of writings "] , subject to any security procedures <br /> required by the Agent or the Issuer . Without limiting the comprehensive effect of the <br /> above, a signed writing includes , to the extent permitted by the applicable Investment( s ) , <br /> a proper telephone communication made in the manner prescribed by the Agent and the <br /> Issuer. <br /> 6 . 2 . 4 Proper person to receive investment direction <br /> The Investor shall give his or her or its investment direction only to the Plan Administrator, <br /> except as otherwise permitted by a uniform written procedure adopted by the Plan <br /> Administrator. <br /> For any Investment , notwithstanding any service or assistance that may be provided by <br /> the Agent, only the Issuer(s) has authority to accept an investment direction and any <br /> direction is effective only when and as so received . Nothing in this Plan or otherwise <br /> shall be construed to enlarge or augment any legal obligation of the Agent . <br /> 6 . 2 . 5 Investment can ' t avoid Distribution Commencement Date <br /> Notwithstanding any provision or privilege for investment direction, if, consistent with <br /> Provision 12 . 2 [" Election of Distribution Commencement Date"] , the Participant or if, <br /> consistent with Provision 13 . 2 [ "Election of Distribution Commencement Date" ] , the <br /> Beneficiary has selected more than one Distribution Commencement Date , he or she or it <br /> is not permitted to make any investment transfer from any portion or Investment of his or <br /> her or its Account to any other portion or Investment of his or her or its Account that has <br /> a different Distribution Commencement Date . <br /> 6 .3 Plan Administrator not responsible <br /> Except as provided by Provision 6 . 4 , the Plan Administrator must accept every proper <br /> investment direction and the Plan Administrator is obligated to comply with such proper <br /> investment direction . Without limiting the comprehensive effect of the above , the Plan <br /> Administrator is not under any duty to question any investment direction of a Participant or <br /> Beneficiary (or his or her or its agent) , or to make any investment recommendations , or to <br /> provide to any person any investment advice or investment education, or to provide any <br /> investment information . <br /> If the Participating Employer or the Plan Administrator or the Master Trust provides any <br /> investment education or investment information or investment advice of any kind, the <br /> Participating Employer and the Plan Administrator and the Master Trust shall not be liable <br /> for any loss or liability arising out of such investment education or investment information or <br /> investment advice. <br /> Florida Municipal Pension Trust Fund <br /> Florida League of Cities, Inc . <br /> Page 28 <br /> 02/01 /2009 <br />