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Cash or Deferred arrangements ~0~ K The undersigned, being all of the members of the Board, do hereby consent to the adoption of the following resolution: RESOLVED, that the State establish profit 8hating plan and trust for the benefit of Its emulovees, effective g~,) I Iq{U, tO be known a~ the ~'0 I I~__ P}ofit Sharing Plan and Trust (the'Plan nnd Trust), and that the provtsl6ns of the Plan and Trust shall read, and they hereby are adopted to ~ead. as set forth In the form examined by each of the undersigned; FURTHER RESOL/ED, that the Boar r ed and directed to execute, tn t,he name and on behalf of the .S~a~-~, the Plan and Trust lo the examined by each of the undersigned; FURTHER RESOLVED, that for purposes of the limitation on contributions and benefits imposed by Section 415 of the Internal Revenue Code, the limita- tion year, as tha~ rem Is defined in Internal Revenue Code Regulauion Section 1.45-2, shall.~ the fiscal year endieg ~ --~O --~-- for the Plan and Trust; FEATHER RESOLVED, that the adminis[rative Committee provided for tn the Plan and Trusc shall consist of members, and that and ara appointed members of said a~minisnra'uive Co~ltcee; FURTHER'RESOLVe, tha[~t ~, ~ be and they hereby ~re a~poln[ed the Tru~'~h~ ro administer the trust esrabl~shed by the Plan and Truer; FHR~R ~SOLVEB~ tharall contributions to the Plan and Trust, are conditioned on: (a) the q~li~carion o~. the Plan and Trust under Section of the [nrerna~ Revenue Code. In the event that the Plan and Trust shall fa~l to q~l~y under Section ~01 of the Internal R~venue Code, the sha[i ~ve the right ro roques~ the return of the contribution or any thereo~, rrm the recipient Trust; and FUROR ~SOLVED, rhar the Board ts aurhor~xed and directed ro execute and deliver ail such conrrac[s~ sa[ar7 reduction agreements afld other agree- merits, cer[~f[cares, doc~eBt~ aBd other ~nsrruee~ons~ aBd to do such other acts or rhfngs, as may ~e necessary or adv~ab[e~ eo g~ve effec~ to the for~ going resolutions and the ~rters provfded for rhereln~ ~nclud~ng limitation, the 8u~lssfon of the Plan and Trust ro the Internal Revenue Se~fce ~rh a request for a derem~na~on letter to the effect that the Plan and Truer aye q~llfled and tax exempt, respectively, ~or federal tax purposes; and the offtcer~ are further specifically authorized prior to or connection with such request for detemina[ton letter to make ~uch modifica- tions In the Plan and Trust as they, in their sole jud~ent, may deem necessary and advisable to obtain such detemlnatlo~ letter and to meet all applicable requtrement~ of the Internal Revenue C~e. Dated: