Common use of Adoption Agreement Clause in Contracts

Adoption Agreement. By execution of this Adoption Agreement by a duly authorized representative of the Employer, the Employer acknowledges that it has established or, as the case may be, amended a tax-qualified retirement plan into the Mechanics Savings & Loan FSA Employees' Savings & Profit Sharing Plan and Trust (the "Plan"). The Employer hereby represents and agrees that it will assume full fiduciary responsibility for the operation of the Plan and for complying with all duties and requirements imposed under applicable law, including, but not limited to, the Employee Retirement Income Security Act of 1974, as amended, and the Internal Revenue Code of 1986, as amended. In addition, the Employer represents and agrees that it will accept full responsibility of complying with any applicable requirements of federal or state securities law as such laws may apply to the Plan and to any investments thereunder. The Employer further acknowledges that any opinion letter issued with respect to the Adoption Agreement and the Agreement by the Internal Revenue Service ("IRS") to Pentegra Services, Inc., as sponsor of the Employees' Savings & Profit Sharing Plan, does not constitute a ruling or a determination with respect to the tax-qualified status of the Plan and that the appropriate application must be submitted to the IRS in order to obtain such a ruling or determination with respect to the Plan. The failure to properly complete the Adoption Agreement may result in disqualification of the Plan and Trust evidenced thereby. The Sponsor will inform the Employer of any amendments to the Plan or Trust Agreement or of the discontinuance or abandonment of the Plan or Trust. Any inquiries regarding the adoption of the Plan should be directed to the Sponsor as follows: Pentegra Services, Inc. 000 Xxxxxxxxx Xxxx Xxxxx Xxxxx Xxxxxx, Xxx Xxxx 00000 (000) 000-0000 MECHANICS SAVINGS & LOAN FSA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST C11

Adoption Agreement. By execution of this Adoption Agreement by a duly authorized representative of the Employer, the Employer acknowledges that it has established or, as the case may be, amended a tax-qualified retirement plan into the Mechanics Savings & Loan FSA Mt. Xxxx Bank Employees' Savings & Profit Sharing Plan and Trust (the "Plan"). The Employer hereby represents and agrees that it will assume full fiduciary responsibility for the operation of the Plan and for complying with all duties and requirements imposed under applicable law, including, but not limited to, the Employee Retirement Income Security Act of 1974, as amended, and the Internal Revenue Code of 1986, as amended. In addition, the Employer represents and agrees that it will accept full responsibility of for complying with any applicable requirements of federal or state securities law as such laws may apply to the Plan and to any investments thereunder. The Employer further acknowledges that any opinion letter issued with respect to the Adoption Agreement and the Agreement Employees' Savings and Profit Sharing Plan - Basic Plan Document by the Internal Revenue Service ("IRS") to Pentegra Services, Inc., as sponsor of the Employees' Savings & Profit Sharing Plan, does not constitute a ruling or a determination with respect to the tax-qualified status of the Plan and as adopted by the Employer. Further, the adopting Employer may not rely on an opinion letter issued by the National Office of the IRS as evidence that the appropriate application must be submitted to Plan is qualified under Section 401 of the IRS in Internal Revenue Code. In order to obtain such a ruling or determination reliance with respect to plan qualification, the PlanEmployer must apply to Employee Plans Determinations of the Internal Revenue Service Key District Office for a determination letter. The failure to properly complete the Adoption Agreement may result in disqualification of the Plan and Trust evidenced thereby. The Sponsor will inform the Employer of any amendments to the Plan or Trust Agreement or of the discontinuance or abandonment of the Plan or Trustby the Sponsor. Any inquiries regarding the adoption of the Plan should be directed to the Sponsor as follows: Pentegra Services, Inc. 000 Xxxxxxxxx Xxxx Xxxxx Xxxxx Xxxxxx, Xxx Xxxx 00000 (000) 000-0000 MECHANICS SAVINGS & LOAN FSA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST C110000

Adoption Agreement. By execution of this Adoption Agreement by a duly authorized representative of the Employer, the Employer acknowledges that it has established or, as the case may be, amended a tax-qualified retirement plan into the Mechanics Savings & Loan FSA Osage Federal Bank Employees' Savings & Profit Sharing Plan and Trust (the "Plan"). The Employer hereby represents and agrees that it will assume full fiduciary responsibility for the operation of the Plan and for complying with all duties and requirements imposed under applicable law, including, but not limited to, the Employee Retirement Income Security Act of 1974, as amended, and the Internal Revenue Code of 1986, as amended. In addition, the Employer represents and agrees that it will accept full responsibility of for complying with any applicable requirements of federal or state securities law as such laws may apply to the Plan and to any investments thereunder. The adopting Employer further acknowledges may rely on an opinion letter issued by the IRS as evidence that any the Plan is qualified under Section 401 of the Code only to the extent provided in IRS Announcement 2001-77, 2001-30 I.R.B. The Employer may not rely on the opinion letter in certain other circumstances or with respect to certain qualification requirements, which are specified in the opinion letter issued with respect to the Adoption Agreement plan and the Agreement by the Internal Revenue Service ("IRS") in IRS Announcement 2001-77. In order to Pentegra Services, Inc., as sponsor of the Employees' Savings & Profit Sharing Plan, does not constitute a ruling have reliance in such circumstances or a determination with respect to the tax-qualified status such qualification requirements, application for a determination letter must be made to Employee Plans Determinations of the Plan and that the appropriate application must be submitted to the IRS in order to obtain such a ruling or determination with respect to the PlanIRS. The failure to properly complete the Adoption Agreement may result in disqualification of the Plan and Trust evidenced thereby. The Sponsor will inform the Employer of any amendments to the Plan or Trust Agreement or of the discontinuance or abandonment of the Plan or Trustby the Sponsor. Any inquiries regarding the adoption of the Plan should be directed to the Sponsor as follows: Pentegra Services, Inc. 000 Xxxxxxxxx Xxxx Xxxxx Xxxxx Xxxxxx, Xxx Xxxx 00000 (000) 000-0000 MECHANICS SAVINGS & LOAN FSA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST C110000

Adoption Agreement. By execution of this Adoption Agreement by a duly authorized representative of the Employer, the Employer acknowledges that it It has established or, as the case may be, amended a tax-qualified retirement plan into the Mechanics Savings & Loan FSA Name of Employer Employees' Savings & Profit Sharing Plan and Trust (the "Plan"). Plan The Employer hereby represents and agrees that it will assume full fiduciary responsibility for the operation of the Plan and for complying with all duties and requirements imposed under applicable law, including, but not limited to, the Employee Retirement Income Security Act of 1974, as amended, and the Internal Revenue Code of 1986, as amended. In addition, the Employer represents and agrees that it will accept full responsibility of for complying with any applicable requirements of federal or state securities law as such laws may apply to the Plan and to any investments thereunder. The Employer further acknowledges that any opinion letter issued with respect to the Adoption Agreement and the Agreement Employees' Savings and Profit Sharing Plan. Basic Plan Document by the Internal Revenue Service ("IRS") to Pentegra Services, Inc., as sponsor of the Employees' Savings & Profit Sharing Plan, does not constitute a ruling or a determination with respect to the tax-qualified status of the Plan and as adopted by the Employer. Further, the adopting Employer may not rely on an opinion letter issued by the National Office of the IRS as evidence that the appropriate application must be submitted to Plan is qualified under Section 401 of the IRS in Internal Revenue Code. In order to obtain such a ruling or determination reliance with respect to plan qualification, the PlanEmployer must apply to Employee Plans Determinations of the Internal Revenue Service Key District Office for a determination letter. The failure to properly complete the Adoption Agreement may result in disqualification of the Plan and Trust evidenced thereby. The Sponsor will inform the Employer of any amendments to the Plan or Trust Agreement or of the discontinuance or abandonment of the Plan or Trustby the Sponsor. Any inquiries regarding the adoption of the Plan should be directed to the Sponsor as follows: Pentegra Services, Inc. 000 Xxxxxxxxx Xxxx Xxxxx Xxxxx Xxxxxx, Xxx Xxxx 00000 (000) 000-0000 MECHANICS SAVINGS & LOAN FSA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST C110000

Adoption Agreement. By execution of this Adoption Agreement by a duly authorized representative of the Employer, the Employer acknowledges that it has established or, as the case may be, amended a tax-qualified retirement plan into the Mechanics Osage Federal Savings & and Loan FSA Association Employees' Savings & Profit Sharing Plan and Trust (the "Plan"). The Employer hereby represents and agrees that it will assume full fiduciary responsibility for the operation of the Plan and for complying with all duties and requirements imposed under applicable law, including, but not limited to, the Employee Retirement Income Security Act of 1974, as amended, and the Internal Revenue Code of 1986, as amended. In addition, the Employer represents and agrees that it will accept full responsibility of for complying with any applicable requirements of federal or state securities law as such laws may apply to the Plan and to any investments thereunder. The adopting Employer further acknowledges may rely on an opinion letter issued by the IRS as evidence that any the Plan is qualified under Section 401 of the Code only to the extent provided in IRS Announcement 2001-77, 2001-30 I.R.B. The Employer may not rely on the opinion letter in certain other circumstances or with respect to certain qualification requirements, which are specified in the opinion letter issued with respect to the Adoption Agreement plan and the Agreement by the Internal Revenue Service ("IRS") in IRS Announcement 2001-77. In order to Pentegra Services, Inc., as sponsor of the Employees' Savings & Profit Sharing Plan, does not constitute a ruling have reliance in such circumstances or a determination with respect to the tax-qualified status such qualification requirements, application for a determination letter must be made to Employee Plans Determinations of the Plan and that the appropriate application must be submitted to the IRS in order to obtain such a ruling or determination with respect to the PlanIRS. The failure to properly complete the Adoption Agreement may result in disqualification of the Plan and Trust evidenced thereby. The Sponsor will inform the Employer of any amendments to the Plan or Trust Agreement or of the discontinuance or abandonment of the Plan or Trustby the Sponsor. Any inquiries regarding the adoption of the Plan should be directed to the Sponsor as follows: Pentegra Services, Inc. 000 100 Xxxxxxxxx Xxxx Xxxxx Xxxxx Xxxxxx, Xxx Xxxx 00000 (000) 000-0000 MECHANICS SAVINGS & LOAN FSA EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST C110000