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DocuSign Envelope ID: 924COABD-8341-4698-AD6B-D714CC08FOB9 <br />FIRST AMENDMENT TO THE ADMINISTRATIVE SERVICES AGREEMENT FOR THE <br />GOVERNMENTAL 457(b) DEFERRED COMPENSATION PLAN OF INDIAN RIVER <br />COUNTY <br />This first Amendment to the Administrative Services Agreement ("Amendment") is effective on <br />the date written below by and between Nationwide Retirement Solutions, Inc., a Delaware corporation <br />(hereinafter "Nationwide"), and [Plan Sponsor Name], the Plan Sponsor (hereinafter "Plan Sponsor") <br />WHEREAS, Plan Sponsor and Nationwide executed the Administrative Services Agreement for <br />itself, its employees, and any special districts governed by the Indian River Board of County <br />Commissioners, the Tax Collector, the Clerk of Courts, the Property Appraiser, the Supervisor of Elections <br />and their respective employees a deferred compensation program ("Agreement") between Nationwide and <br />Plan Sponsor on the 15th day of August 2017, under which Nationwide agreed to provide administrative <br />services to the Plan Sponsor's Deferred Compensation Plan (hereinafter "Plan"); and <br />WHEREAS, Plan Sponsor has decided to move all plan assets to a successor service provider <br />except those assets in the Nationwide Fixed Account, and <br />WHEREAS, Plan Sponsor desires to leave assets in the Nationwide Fixed Account on an <br />investment only basis, and <br />WHEREAS, Nationwide is willing to hold the assets currently in the Fixed Account and credit <br />investment returns. <br />NOW, THEREFORE, Plan Sponsor and Nationwide hereby mutually agree to the following: <br />The Administrative Service Agreement for the Plan is hereby amended to remove any Nationwide <br />responsibility not related to maintaining the existing Fixed Account. From the date of this Amendment, <br />Nationwide will provide the Fixed Account as an investment only accommodation. The assets in the <br />account will be credit with a rate of return equal to 2.50% until 12/31/2022. Future quarterly crediting <br />rates will be determined on a quarterly basis by Nationwide and may vary based on market conditions and <br />investment performance. No new contributions for the Plan will be accepted into the Fixed Account. <br />Nationwide will process distributions from the Fixed Account in accordance with its normal business <br />practices as agreed upon by the Plan Sponsor. <br />Section 3. TERM is hereby deleted and replaced in its entirety with the following: <br />3. TERM <br />This Agreement is effective until terminated in accordance with Section 8. <br />Section 4. COMPENSATION is hereby deleted and replaced in its entirety with the following: <br />4. COMPENSATION <br />A. As compensation for the performance of the Administrative Services provided by Nationwide <br />pursuant to this Agreement, the Plan Sponsor and Nationwide agree that Nationwide shall be <br />entitled to receive an annualized compensation requirement of 0.25% (25 basis points) of the <br />Plans account value held by Nationwide ("Compensation Requirement") to be calculated and <br />collected according to Nationwide's standard business practices. Nationwide's Compensation <br />M <br />