Laserfiche WebLink
DocuSign Envelope ID: 924COABD-6341-4698-AD6B-D714CC08FOB9 <br />Requirement will be taken in the form of an explicit asset fee applied against all Plan assets under <br />management. In addition to the foregoing, the parries acknowledge and agree that Nationwide <br />may receive revenue associated with annuity contracts. <br />Section 5. INVESTMENT OPTIONS is hereby deleted and replaced in its entirety with the following: <br />5. INVESTMENT OPTIONS <br />Plan Sponsor agrees to accept the terms and conditions of the fixed annuity contract. <br />Section 6. PARTICIPANT ENROLLMENT AND COMMUNICATION/EDUCATION SERVICES is <br />hereby deleted in its entirety and replaced with the following: <br />6. PARTICIPANT ENROLLMENT AND COMMUNICATION/EDUCATION SERVICES <br />A. SERVICES WITH RESPECT TO PARTICIPANT PLAN ACCOUNTS <br />1) Nationwide will provide a secure Internet site that complies with applicable data protection <br />and privacy laws. Using this site, participants may: (i) obtain information regarding their <br />accounts, and (ii) conduct certain routine transactions with respect to their accounts. The Plan <br />Sponsor authorizes Nationwide to honor instructions regarding such transactions that may be <br />submitted by a participant using the secure Internet site. Nationwide shall implement <br />reasonable physical and technical safeguards to protect personal information made available <br />on its Internet site. Nationwide shall establish safeguards that are no less rigorous than <br />generally accepted industry practices. <br />2) Participants will receive consolidated quarterly statements detailing their account activity <br />and account balances for the Plan. Participants shall be informed, via their statements, that <br />they must notify Nationwide of any errors within forty-five (45) days of receipt of their <br />statements or confirmation of their investments. Nationwide will not be liable for any errors <br />not reported within this time frame. <br />3) Nationwide agrees to deliver account statements (by U.S. mail or electronically) to <br />participants within thirty (30) calendar days after the end of each calendar quarter. This <br />timeframe is contingent upon Nationwide receiving fund returns from the mutual fund <br />providers within four (4) Business Days after the end of each quarter. If Nationwide does not <br />receive this information with four (4) Business Days, then account statements may be <br />correspondingly delayed and will be delivered as soon as administratively feasible. <br />4) Nationwide agrees to provide reports to the Plan Sponsor within thirty (30) days following <br />the end of each calendar year quarterly reporting period (March 31, June 30, September 30, <br />and December 31) summarizing the following: <br />a) All participant activity that transpired during the reporting period; <br />b) Total contributions allocated to each investment or insurance option under the Plan; and <br />c) Total withdrawals by participant. This report shall include the amount, type and date of <br />withdrawal. <br />[2l <br />