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-3- <br />2.3 Authorized Instructions. All directions and instructions to the Custodian from an Authorized Party <br />("Authorized Instructions") shall be in writing, transmitted by mail (including electronic mail) or by facsimile. The <br />Custodian shall be entitled to rely on and shall be fully protected in acting in accordance with all such directions and <br />instructions which it reasonably believes to have been given by an Authorized Party and in failing to act in the absence <br />thereof. <br />SECTION 3 - POWERS AND DUTIES <br />3.1 General Powers and Duties of Custodian. In administering the Account, the Custodian shall be <br />specifically authorized to: <br />(a) In accordance with Authorized Instructions, receive, hold and maintain custody of, and disburse <br />assets held in the Account; <br />(b) Hold securities or other assets in book entry form or through another agent or nominee, including <br />without limitation in an omnibus account arrangement, provided that the Custodian’s records indicate that such <br />securities or other property are held for the exclusive benefit of the Plan and its participants and beneficiaries; <br />(c) Make distributions and disbursements from the Account and carry out related tax withholding <br />remittance and reporting obligations under Federal, state and local law; <br />(d) Appoint domestic agents, sub-trustees, sub-custodians or depositories (including affiliates of the <br />Custodian) as to part or all of the Account, except that the indicia of ownership of any asset of the Account shall not <br />be held outside the jurisdiction of the District Courts of the United States; <br />(e) Collect income payable to and dividends or other distributions due to the Account and sign on behalf <br />of the Plan any declarations, affidavits, and certificates of ownership required to collect income and principal <br />payments; <br />(f) Collect proceeds from assets of the Account that may mature or be called; <br />(g) Until Authorized Instructions are received, hold the assets of the Account uninvested, or invest the <br />assets of the Account in bank accounts of any bank, and the Custodian may retain any earnings on such deposits as <br />part of its compensation for services hereunder; <br />(h) Submit or cause to be submitted to the Employer all information received by the Custodian regarding <br />ownership rights pertaining to property held in the Account; <br />(i) To the extent not delegated by the Employer to an investment manager, exercise all voting rights <br />relating to securities held in the Account as directed by the Employer; provided that, with respect to securities allocated <br />to the accounts of Participants, if directed by the Employer in writing, the Custodian or its Recordkeeping Affiliate <br />shall provide to the designated proxy tabulator the data necessary to cause to be provided to each Participant who has <br />shares of such securities credited to his or her account a copy of the notice and all proxy solicitation materials together <br />with a voting instruction form for return to the proxy tabulator, and the Custodian shall vote the shares as directed by <br />each Participant and shall not vote shares for which it has not received instructions from a Participant. Unless the <br />Employer instructs the Custodian to vote shares not voted by Participants, the Custodian shall not be liable and shall <br />be held harmless for not voting such shares. <br />(j) Commence or defend suits or legal proceedings and represent the Account in all suits or legal <br />proceedings in any court or before any other body or tribunal as the Custodian shall deem necessary to protect the <br />Account provided, however, that the Custodian shall not be obligated to do so unless it has been indemnified by the <br />Employer and the Plan against all expenses and liabilities sustained in connection with such action; <br />(k) Employ suitable agents and legal counsel and, as part of its reimbursable expenses under this <br />Agreement, pay their reasonable compensation and expenses. The Custodian shall be entitled to rely on and may act <br />REV: 07-30-25 MI <br />ATTY/AGR.2025.195/Voya (Voya Loan Custody Agreement) (Page 3 of 7)