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SPECIFICATIONS SUPPLEMENT AND PARTICIPATION AGREEMENT <br />(Continued <br />ITEM INSTRUCTION PLEASE PRINT OR TYPE ITEM <br />7 esting requirements. X20% vesting for each of first five 7 <br />See Plan section 3.3.) ;years of participation in the <br />;Plan. <br />liParticipation while employed by <br />.other Employers participating in <br />+the Plan Is to be included. <br />z <br />_J� <br />8 Show name of association in National Association for 8 <br />which Employer is entitled Community Development. <br />o participate under this <br />Ian. <br />The Employer, by its signature below, hereby adopts as its retirement plan a plan in <br />the form of the National Association for Community Development Retirement Plan .B and <br />containing the specifications herei.nabove set forth, which specifications are a part <br />of such plan. Furthermore, the Employer, by its signature below, hereby agrees to <br />pay the contributions required by such plan and to be bound by all the terms and <br />provisions of such plan. j. <br />i <br />Further, he Employer agrees to amend its statement of,personnel policy, where necessary,' <br />to require that: all employees who are presently employed, as of the effective; date, <br />have the ri.ght .to participate in onto• decline to participate in the retirement plan; <br />all employees hired after.,,the,.ef:fe,c:ti via, date must join. the retirement plan as a 1 <br />Condition of employment; and all employees who join and participate in the retirement <br />plan must remain in during their period ;of employment.. 3 t <br />January 15, 1970 City of South Bend, Department of Redevelopment <br />Date Employes <br />By: <br />Witness - Title <br />Howard Bellinger, Executive Director <br />NATIONAL ASSOCIATION FOR COMMUNITY <br />DEVELOPMENT RETIREMENT PLAN TRUST <br />Accepted y: <br />By: <br />Date Title: <br />G IA -90 <br />