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2022-202
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2022-202
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Last modified
10/31/2022 12:05:16 PM
Creation date
10/31/2022 11:56:24 AM
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Template:
Official Documents
Official Document Type
Plan
Approved Date
10/11/2022
Control Number
2022-202
Agenda Item Number
8.C.
Entity Name
Lincoln Financial Group and Trust Company
Subject
Deferred Compensation Plan and Trust. Effective date September 29, 2022
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SUPERSEDING PROVISIONS ADDENDUM <br />The following provisions supersede other provisions in this Plan in the manner described below: <br />Section 1.1: The term Employee shall be further clarified as follows: The term Employee shall <br />include Employees who are included in a unit of Employees covered by a collective bargaining <br />agreement. <br />Section 2.2(c): The special election of bonuses is further clarified as follows: The Employer will <br />provide the Participant with a form to specify the dollar amount for a deferral election from <br />bonus compensation. On a nondiscriminatory basis, the Administrator may establish a maximum <br />deferral dollar amount for each special deferral election of a bonus to allow for any applicable <br />taxes. <br />Section 2.7: Employer Contributions shall not apply. Employer Contributions to the Plan are not <br />permitted. <br />38 <br />Specimen 457(b) Plan Document <br />Deferred Compensation Plan <br />
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