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10/11/2022
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10/11/2022
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12/12/2022 10:51:24 AM
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12/12/2022 10:22:39 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
10/11/2022
Meeting Body
Board of County Commissioners
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5) Nationwide agrees to maintain, for a reasonable amount of time, the records necessary to <br />produce any required reports. Plan Sponsor agrees that all related paper and electronic <br />records shall remain the property of Nationwide. <br />B. DISTRIBUTIONS <br />1) Nationwide shall make all distributions as directed by the Plan Sponsor, in accordance with <br />the terms of the Plan Document, Fixed Annuity Contract and normal Nationwide processes, <br />with the exception of loans. <br />2) Nationwide shall furnish each participant, who has received a benefit payment, tax reporting <br />forms in the manner and time prescribed by federal and state law. Plan Sponsor shall be <br />responsible for all tax reporting requirements for periods prior to the effective date of the <br />original Agreement, or after the termination date of this Agreement, unless otherwise agreed <br />to in writing by the parties to this Agreement <br />3) To the extent required by federal and state law, Nationwide will calculate and withhold from <br />each benefit payment federal and state income taxes. Nationwide will report such <br />withholding to the federal and state governments as required by applicable law. <br />Section 7 PARTICIPANT SERVICES is hereby deleted and replaced in its entirety with the following: <br />7. PARTICIPANT SERVICES <br />CUSTOMER SERVICE <br />Nationwide's customer service representatives will be available toll-free to answer Plan Sponsor or <br />recordkeeper questions and process applicable transactions between the hours of 8:00 a -m. and 11:00 <br />p.m. Eastern Time each Monday through Friday, and between the hours of 9:00 a.m. and 6:00 p.m. <br />Eastern Time each Saturday, with the exception of certain holidays as dictated by the New York Stock <br />Exchange holiday trading schedule. <br />The following provisions of the Agreement remain unchanged. <br />Section 1. Designation, Section 2, Appointments and Responsibilities, Section 8. TERMINATION, Section <br />9. DEFAULT, Section 10. ASSIGNABILITY, Section 11. CONFIDENTIALITY, Section 12. <br />CIRCUMSTANCES EXCUISING PERFORMANCE, Section 13. INDEMNIFICATION, Section 14, <br />PARTIES BOUND, Section 15. PRIVITY OF CONTRACT, Section 16. APPLICABLE LAW AND <br />VENUE, Section 17. MODIFICATION, Section 18. NO WAIVER, Sectionl9. SEVERABILITY, <br />Section 20. AUTHORIZED PERSONS, Section 21. COMPLIANCE WITH THE LAWS, Section 22. <br />SURVIVAL OF REPRESENTATIONS, WARRANTIES and INDEMNITY, Section 23. ATTORNEYS" <br />FEES, Section 24. HEADINGS and Section 25. NOTICES <br />Except as otherwise amended herein, all other terms and conditions of the Agreement not in conflict shall <br />remain in full force and effect. If there is a conflict or ambiguity among the amendment and the Agreement, <br />the documents in the following order shall prevail and control: (1) this first Amendment and (2) the original <br />Agreement. <br />[31 <br />W <br />
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