HomeMy WebLinkAboutAgreement A-13-417-2 with Great-West Trust Company LLC.pdfSECOND AMENDMENT TO THE
GREAT-WEST TRUST COMPANY
COLLECTIVE INVESTMENT TRUST FOR EMPLOYEE BENEFIT PLANS
PARTICIPATION AGREEMENT
THIS SECOND AMENDMENT (the “Second Amendment”) to the County of Fresno Agreement No.
13-417, the Collective Investment Trust for Employee Benefit Plans Participation Agreement
dated July 9, 2013 (the “Agreement”), is made this _____ day of __________, 2021, by and
between Great-West Trust Company, LLC (“GWTC”) as trustee (in such capacity, “Trustee”) of the
Great-West Trust Company Collective Investment Trust for Employee Benefit Plans (the
“Collective Trust”), and the County of Fresno, a political subdivision of the State of California, the
plan sponsor or other authorized fiduciary executing this Agreement (“Fiduciary”), on behalf of
the employee benefit plan or trust identified below (“Eligible Trust”) (each a “Party” and
collectively, the “Parties”).
WHEREAS, the Parties entered into the Agreement effective July 9, 2013 pursuant to which GWTC
agreed to provide Great-West Lifetime Trusts as an investment option to County of Fresno 457(b)
Deferred Compensation Plan participants; and
WHEREAS, the Parties entered into a First Amendment to the Agreement, effective June 4, 2019,
to amend Schedule A and Schedule B to the Agreement; and
WHEREAS, the Parties now wish to amend the Agreement to amend Schedule A to the
Agreement.
NOW, THEREFORE, the Parties agree as follows:
1.Schedule A of the Agreement is hereby deleted in its entirety and replaced with Schedule
A attached hereto.
2.Except to the extent modified by this Second Amendment, the remaining provisions of
the Agreement, as revised by the First Amendment, will remain in full force and effect. In
the event of a conflict between the provisions of the Agreement, as revised by the First
Amendment, and those of this Second Amendment, this Second Amendment will control.
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Agreement No. 13-417-2
9th March
IN WITNESS WHEREOF, the Parties have executed this Second Amendment to be effective as of
the date referenced above.
GREAT-WEST TRUST COMPANY, LLC, as Trustee
By: -L-~
GWTC Representative
Name: Kevin Mollman
Title: Senior Manager
COUNTY OF FRESNO, PLAN SPONSOR } .-
By: d r0-
Name:
Title:
County of Fresno Representative
Steve Brandau
Chairman of the Board of Supervisors of the County of Fresno
ATTEST:
BERNICE E. SEIDEL
Clerk of the Board of Superv isors
County of Fresno , State of Californ ia
By cl i,l.l.,, •• ~ Deputy
GREAT-WEST TRUST COMPANY
COLLECTIVE INVESTMENT TRUST FOR EMPLOYEE BENEFIT PLANS
PARTICIPATION AGREEMENT
SCHEDULE A: TRUSTS AND EXPENSES
Fiduciary hereby designates the following Trusts as investments or investment options for
the Eligible Trust (please check applicable box(es): if selecting the Great-West Lifetime Trusts
or Great-West Lifetime Index Trusts, only one (1) glide path may be selected. If selecting the
SecureFoundation Balanced Trust, either the Great-West Lifetime Trusts or Great-West
Lifetime Index Trusts may be selected, as well.)
TRUST NAME
Great-West Lifetime Trusts
Great-West Lifetime 2015 Trust
Great-West Lifetime 2020 Trust
Great-West Lifetime 2025 Trust
Great-West Lifetime 2030 Trust
Great-West Lifetime 2035 Trust
Great-West Lifetime 2040 Trust
Great-West Lifetime 2045 Trust
Great-West Lifetime 2050 Trust
Great-West Lifetime 2055 Trust
Great-West Lifetime 2060 Trust
Great-West SecureFoundation Lifetime Balanced Trust
Great-West Lifetime Index Trusts
Great-West Lifetime 2015 Index Trust
TRUST NAME
Great-West Lifetime 2020 Index Trust
Great-West Lifetime 2025 Index Trust
Great-West Lifetime 2030 Index Trust
Great-West Lifetime 2035 Index Trust
Great-West Lifetime 2040 Index Trust
Great-West Lifetime 2045 Index Trust
Great-West Lifetime 2050 Index Trust
Great-West Lifetime 2055 Index Trust
Great-West Lifetime 2060 Index Trust
Each Trust will incur certain expenses, including but not limited to custody, audit and
transactions costs, in connection with its operations that will be charged to each Trust as described
in the Declaration of Trust and such Trust’s Supplemental Declaration. Trustee, in its discretion,
may elect to pay certain expenses of a Trust from its own resources and may discontinue or modify
any such reimbursement at any time without notice to Fiduciary. Neither a modification nor a
discontinuance of any such expense reimbursement will be deemed to be a revision of this
Agreement.