2016-002 - 457(b) Deferred Compensation Plan

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Eligible 457 Plan ADOPTION AGREEMENT FOR ELIGIBLE GOVERNMENTAL 457 PLAN The undersigned Employer, by executing this Adoption Agreement, establishes an Eligible 457 Plan ( "Plan "). The Employer, subject to the Employer's Adoption Agreement elections, adopts fully the Plan provisions. This Adoption Agreement, the basic plan document and any attached Appendices, amendments, or agreements permitted or referenced therein, constitute the Employer's entire plan document. All "Election" references within this Adoption Agreement or the basic plan document are Adoption Agreement Elections. All 'Article" or "Section" references are basic plan document references. Numbers in parentheses which follow election numbers are basic plan document references. Where an Adoption Agreement election calls for the Employer to supply text, the Employer may lengthen any space or line, or create additional tiers. When Employer - supplied text uses terms substantially similar to existing printed options, all clarifications and caveats applicable to the printed options apply to the Employer - supplied text unless the context requires otherwise. The Employer makes the following elections granted under the corresponding provisions of the basic plan document. EMPLOYER (1.11). Name: Citv of Address: 150 Southeast 1st Street Street City Telephone: 903 - 784 -9241 Taxpayer Identification Number (TIN): 75- 6000635 2. PLAN NAME. Name: City of Paris 457 Deferred Compensation Plan Texas 75461 State Zip 3. PLAN YEAR (1.25). Plan Year means the 12 consecutive month period (except for a short Plan Year) ending every (Choose one of a. or b. and choose c. if applicable): [Note: Complete any applicable blanks under Election c. with a specific date, e.g., "June 30" OR "the last day of February" OR "the first Tuesday in January. " In the case of a Short Plan Year or a Short Limitation Year, include the year, e.g., "May 1, 2013.'] a. [ ] December 31. b. [X] Plan Year: ending: September 30 C. [ ] Short Plan Year: commencing: and ending: 4. EFFECTIVE DATE (1.08). The Employer's adoption of the Plan is a (Choose one of a. or b. Complete c. if new plan OR complete C. and d. if an amendment and restatement. Choose e. if applicable): a. [ ] New Plan. b. [X] Restated Plan. The Plan is a substitution and amendment of an existing 457 plan. Initial Effective Date of Plan C. [X] October 1. 2005 (enter month day, year, hereinafter called the "Effective Date" unless 4d is entered below) Restatement Effective Date (If this is an amendment and restatement, enter effective date of the restatement.) d. [X] October 1. 2015 (enter month day, year) Special Effective Dates: (optional) e. [ ] Describe: CONTRIBUTION TYPES. (If this is a frozen Plan (i.e., all contributions have ceased), choose a. only): Frozen Plan a. [ ] Contributions cease. All Contributions have ceased or will cease (Plan is frozen). Effective date of freeze: [Note: Effective date is optional unless this is the amendment or restatement to freeze the Plan.] 02013 1 Security Financial Resources, Inc.