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2022-203
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2022-203
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Last modified
10/31/2022 12:17:36 PM
Creation date
10/31/2022 12:12:10 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
10/11/2022
Control Number
8.C.
Entity Name
Lincoln Financial Group and Trust Company, as Trustee
Subject
Governmental 457(b) Trust Agreement
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including transmission by electronic means through the facilities of third parties or otherwise. Any paper <br />communication shall be deemed to be duly given if mailed; postage prepaid, or otherwise placed for <br />delivery by a national delivery service, shipping prepaid, or is delivered by hand to such person at the <br />address appearing on the records of the Trustee. Any electronic notice shall be deemed to be duly <br />given at the time the electronic notification is sent. Except as otherwise provided in writing and agreed <br />by Trustee, all directions, notices, objections and other communications to Trustee shall be in writing <br />or in such other form, including transmission by electronic means through the facilities of third parties <br />or otherwise, specifically agreed to in writing by Trustee and shall be deemed to have been given when <br />received by Trustee at its offices. <br />Section 12.4 Plan Documents <br />Upon execution of this Agreement, Trustee hereby requests the Named Fiduciary to provide complete, <br />current copies of the Plan documents. Trustee shall be entitled to rely upon the Named Fiduciary's <br />attention to this obligation and shall be under no duty to request such documents again or to inquire of <br />any person as to the existence of any documents not provided hereunder. <br />Section 12.5 Spendthrift Provision <br />Except as may be required by law, no interest or claim of interest of any kind of any participant under <br />the provisions of this Trust is assignable, nor may any such interest or claim be subject to garnishment, <br />attachment, execution or levy of any kind, and no attempt to transfer, assign, pledge or otherwise <br />encumber or dispose of such interest by act of the person involved or by operation of law will be <br />recognized. <br />Section 12.6 Effect <br />All persons at any time interested in the Plan shall be bound by the provisions of this Agreement and, <br />in the event of any conflict between this Agreement and the provisions of the Plan or any instrument or <br />agreement forming part of the Plan, the provisions of this Agreement shall control. <br />Section 12.7 Severability <br />The illegality or unenforceability of any provisions of this Agreement or any instrument or agreement <br />required hereunder shall not in any way affect or impair the legality or enforceability of the remaining <br />provisions of this Agreement or any instrument or agreement required hereunder. <br />Section 12.8 Headings and Titles <br />The titles of the Articles and headings of Sections in this Trust Agreement are for convenience of <br />reference only and in case of conflict the text of this Trust Agreement rather than such titles or headings <br />shall control. <br />Section 12.9 Binding Agreement <br />This Agreement shall be binding upon Trustee and the Employer, their successors and assigns, and <br />upon the participants and their beneficiaries, heirs, executors, administrators and assigns. <br />Section 12.10 Merger or Consolidation <br />Any legal entity into which Trustee may be merged, or with which it may be consolidated, or any legal <br />entity resulting from any merger or consolidation to which Trustee may be a party, or any legal entity <br />succeeding to the business of Trustee or to which substantially all of the assets of Trustee may be <br />transferred, shall be the successor of Trustee hereunder without the execution or filing of any paper <br />and without any further action on the part of the parties hereto, with like effect as if such successor <br />Trustee had originally been named Trustee herein. <br />Indian River County BOCC; 457(b) INDR-001 <br />RPS00804-AL 11 <br />
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