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BK: 2688 PG: 1493
<br />A. Collect, sell, assign, hypothecate, borrow on, or pledge the Principal's
<br />interest in an annuity contract;
<br />B. Procure new, different, and additional contracts of annuities for the
<br />Principal and the Principal's spouse, children and other dependents and select the amount, type
<br />of annuity and mode of payment;
<br />C. Continue, modify, rescind, release, or terminate a contract procure by the
<br />Principal or on the Principal's behalf that provides an annuity to either the Principal or another
<br />person, whether or not he is a beneficiary under the contract.
<br />D. Pay proceeds or otherwise a,,u�r. „�,uise or contest and apply for refunds in
<br />connection with a tax or assessment levied by a taxing authority with respect to a contract of
<br />insurance or annuity or its proceeds or liability accnung by reason of the tax or assessment.
<br />E. Change the beneficiary of an annuity contract, although the Agent may not
<br />be designated a beneficiary. The Agent may continue to be a beneficiary as long as he is akeady
<br />named as a beneficiary under a contract procured by the Principal while having legal capacity to
<br />do so.
<br />AUTHORITY OVER RETIREMENT ACCOUNTS
<br />16. To establish one or more Individual Retirement Accounts (IR.As) and employee
<br />benefits plans (including a plan for aself-employed individual) on the Principal's behalf; to
<br />contribute to any IRA or plan held in the Principal's name; to roll over or direct transfers of plan .
<br />benefits into other retirement plans or IRA accounts at the same company or at another company;
<br />to manage the accounts; to withdraw from any account without limitation; to select or change
<br />payment options; to apply for and make any elections under any IRA or employee benefit plan in
<br />which the Principal is a participant, including elections required for payment of any and all types
<br />of employee benefits to which the Principal maybe entitled; to take possession of all such
<br />benefits; and to distribute such benefits to or for the Principal's benefit. The Agent shall not
<br />have the power to designate and change beneficiaries.
<br />AUTHORITY OVER ESTATE AND TAX PLANNING
<br />17. To prepay or postpone property taxes, income taxes or other taxes. The Agent
<br />pay or postpone deductible expenses, sell or postpone the sale depreciated assets in order to
<br />preserve availability of tax losses, and otherwise manage the tax efficiency of the Principal's
<br />property and business transactions. The Agent may also borrow such sums as the Agent finds
<br />necessary for the proper management of the Principal's property, including but not limited to tax
<br />and estate planning matters, and to mortgage, convey by deed of trust, grant security interests th,
<br />DPOA of Allaa Marshall Edward Licht
<br />aka. A. Marshall Licht
<br />PAGE 6
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