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Florida Municipal Pension Trust Fund 457( b) Deferred Compensation Plan 2 . Participating Employers 2 . 1 Adoption by Participating Employer A Participating Employer may make the Plan available to its Employees if it takes the following actions : a) The Governing Authority of the Participating Employer must pass an ordinance or resolution formally adopting this Plan for its Employees and approving the Adoption Agreement . b) The ordinance or resolution must indicate the date of adoption . c ) The ordinance or resolution must commit to the terms of an Adoption Agreement as completed by the Participating Employer . d) The ordinance or resolution must specify that the Participating Employer shall abide by the tenors of the Plan, including all investment, administrative , and service of the Plan, and all applicable provisions of the Code and other applicable law . e) The ordinance or resolution must acknowledge that the Master Trustee is only responsible for the Plan and have no responsibility for other employee benefit plans maintained by the Participating Employer. 2 . 2 Participating Employer has same provisions Except as properly specified by the Adoption Agreement, each Participating Employer adopts the Plan . The Participating Employer ' s adoption of the Plan is stated by the Adoption Agreement . 2 .3 Amendment binding upon all Participating Employers a) Subject to the provision of any applicable law , the Master Trustee may at any time amend or modify this Plan without the consent of the Participating Employers or of Participants ( or any Beneficiaries thereof) . Any modification , alteration , or amendment of the Plan, made in accordance with this Provision , may be made retroactively , if deemed necessary or appropriate by the Master Trustee . A copy of the resolution of the Master Trustee making such amendment shall be delivered to the Plan Administrator, and the Plan shall be amended in the manner and effective as of the date set forth in such resolution , and the Participating Employers , Employees , Participants , Beneficiaries , Master Trustee , and Plan Administrator shall be bound by the amendment . A Participating Employer may not amend the Plan in any way . b) Subject to the provisions of applicable law , the Master Trustee may at any time amended or modify the form of Adoption Agreement with the consent of the Participating Employers , unless otherwise required under Provision 2 . 4 . Florida Municipal Pension Trust Fund Florida League of Cities, Inc . Page 4 02, 01/_009