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performance or operation of such Investments or accounts, but will provide <br />Employer with quarterly performance reports prepared by a third party for such <br />Investments; and that Lincoln may enter or terminate its agreements with such <br />Investments without regard to the effect upon the Plan or Plan participants. <br />LRSC will provide Employer with notice as soon as practicable of any change <br />in the availability of an Investment selected by the Employer, and Employer will <br />provide instructions to LRSC in response to these changes within a reasonable <br />amount of time to adjust to the deletion of a particular Investment from the <br />Program. Regarding any change of an Investment by an Investment or <br />Investment's service providers (such as fund mergers, terminations, closures, <br />etc.), LRSC shall provide reasonable notice to Employer of such changes once <br />LRSC receives actual notice from the Investment. LRSC shall have no <br />obligation to ensure it receives notice from an Investment and shall have no <br />liability for an Investment or Investment's service providers failing to provide <br />notice to Lincoln of such changes. <br />1.4 Reserved. <br />1.5 LRSC's Duties. In providing the services as part of the Program, LRSC is acting <br />as an independent contractor engaged by the Employer. LRSC is not responsible for <br />determining whether a particular Plan or Investment is appropriate for the Employer, the <br />Plan, or any Plan participant and does not guarantee the performance of any investment <br />option, unless such a guarantee is provided in a group annuity contract between Employer <br />and a Lincoln affiliate. In performing the services listed in this Service Agreement, <br />including the Manual, LRSC does not act as the plan administrator or a fiduciary to the <br />Plan, and LRSC may reasonably rely, without making its own investigation, on any <br />information received from the Employer, the Plan or any official, employee or agent of the <br />Employer or Plan. LRSC will perform ministerial services with respect to the Plan, <br />including facilitating participant transactions, at the direction of the Employer and as set <br />forth in the Manual. <br />1.6 Payment for Services Employer agrees that the Plan will pay for all services it <br />requests as set forth in this Service Agreement and/or in the Manual. <br />1.7 Acceptance of Enrollment Material, Forms, Website and Manual. Employer <br />accepts the content and format of all enrollment materials, administrative forms, and <br />website and any voice response system developed by LRSC with respect to Employer's <br />Program, including all material and forms provided to Employer's employees. Employer <br />warrants that all such material correctly reflects the appropriate administration of the Plan. <br />LRSC will provide Employer enrollment material for, and Employer will distribute that <br />material to, each eligible Plan participant. <br />Employer also accepts the content and format of the Manual. The Manual describes the <br />policies, procedures and operational matters for the Recordkeeping Services. The terms <br />of the Manual may be modified from time to time by LRSC without the need to further <br />amend this Service Agreement. Any changes in the Manual will be effective 30 days after <br />receipt by the Employer, unless an earlier date is agreed to by the Parties, or unless the <br />Employer provides LRSC within that 30 -day period a written objection to specific changes <br />in the Manual. If the Employer raises objections as described above, LRSC and the <br />Employer will consult with each other in an attempt to resolve the Employer's objections. <br />Indian River County BOCC 457(b) INDR-001 <br />1423269 Page 3 of 20 <br />