Common use of Terms & Conditions Clause in Contracts

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the 403(b) and/or 457(b) plans. 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s). 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. By the execution of this Agreement, I represent that: 1) . This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the 403(b) and/or 457(b) plansPlan or the WDCP. 2) . I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s). 3) . I have made an independent determination as to my desire to make these salary deferrals. 4) . I have assessed the risk associated with such investment(s) and have determined, with such professional advice as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) . The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) . I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) . I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the Muskego-Norway School District Employees Savings Plan (403(b) and/or 457(b) plansPlan). 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s)Plan. 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. By I understand and agree that there are limitations on my deferrals under the execution of 403(b) Plan and that my contributions under this Agreementelection do not exceed those limits. Further, I represent that:confirm that any deferrals in excess of the general limitations are due to my eligibility for either "catch-up" election which allows for a deferral in excess of the $19,500 limit (for 2021, adjusted annually) for the 403(b) plan and $19,500 limit (for 2021, adjusted annually) for the WDCP Section 457(b) Plan. 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the 403(b) and/or 457(b) plans403b Plan. 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s)Plan. 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. By I understand and agree that there are limitations on my deferrals under the execution of 403(b) Plan and that my contributions under this Agreementelection do not exceed those limits. Further, I represent that:confirm that any deferrals in excess of the general limitations are due to my eligibility for either "catch-up" election which allows for a deferral in excess of the $20,500 limit (for 2022, adjusted annually) for the 403(b) plan and $20,500 limit (for 2022, adjusted annually) for the WDCP Section 457(b) Plan. 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the 403(b) and/or 457(b) plans403b Plan. 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s)Plan. 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. $22,500 limit (for 2023), adjusted annually) for the 403(b) plan and $22,500 limit (for 2023), adjusted annually) for the WDCP Section 457(b) Plan. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the Medford Area Public School District Employee Savings Plan (403(b) and/or 457(bPlan) plansand the Wisconsin Deferred Compensation Plan. 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s). 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. $23,000 limit (for 2024, adjusted annually) for the 403(b) plan and $23,000 limit (for 2024, adjusted annually) for the WDCP Section 457(b) Plan. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the 403(b) and/or and 457(b) plans. 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s).Plan(s).‌ 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments.investments.‌ 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the Port Washington-Saukville Employees Savings Plan (403(b) and/or 457(b) plansPlan). 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s)Plan. 3) I have made an independent determination as to my desire to make these salary deferrals.deferrals.‌ 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law.law.‌ 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations termination is to be effective. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the Howards Grove School District Employees Savings Plan (403(b) and/or 457(b) plansPlan). 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s)Plan. 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations termination(s) is to be effective. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the 403(b) and/or 457(b) plansPlans. 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s)Plans. 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year. 8) I understand that the District currently employs a third party administrator to provide administrative services to the District’s 403(b) plan, and that in order to participate in the District’s 403(b) plan, I agree to a yearly payroll deduction (the 2011 fee is $12) to pay the per participant fee charged by the third party administrator. If I am enrolling in the District’s 457(b) plan, I understand that there is currently no administrative fee. If in the future a fee is necessary, I agree to the yearly payroll deduction to pay the per participant fee as charged by the third party administrator (if any).

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. $19,500 limit (for 2020 & 2021, adjusted annually) for the 403(b) plan and $19,500 limit (for 2020 & 2021, adjusted annually) for the WDCP Section 457(b) Plan. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the Medford Area Public School District Employee Savings Plan (403(b) and/or 457(bPlan) plansand the Wisconsin Deferred Compensation Plan. 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s). 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations termination is to be effective. School District of Glenwood City Salary Reduction Agreement By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the School District of Glenwood City Employees Savings Plan (403(b) and/or 457(b) plansPlan). 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s)Plan. 3) I have made an independent determination as to my desire to make these salary deferrals.deferrals.‌ 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section Section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the Cedarburg School District Employees Savings Plan (403(b) and/or 457(bPlan) plansand the 457 Plan. 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s). 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations termination(s) is to be effective. Mosinee School District Salary Reduction Agreement election which allows for a deferral in excess of the $17,500 limit (for 2014, adjusted annually) for the 403(b) plan and $17,500 limit (for 2014, adjusted annually) for the WDCP Section 457(b) Plan. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the Mosinee School District Employees Savings Plan (403(b) and/or 457(b) plansPlan). 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s)Plan. 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the 403(b) and/or 457(b) plansplan. 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s)Plan. 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. $17,500 limit (for 2014, adjusted annually) for the 403(b) plan and $17,500 limit (for 2014, adjusted annually) for the WDCP Section 457(b) Plan. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the 403(b) and/or and 457(b) plans.Plans 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s). 3) I have made an independent determination as to my desire to make these salary deferrals.deferrals.‌ 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law.law.‌ 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. $18,000 limit (for 2015, adjusted annually) for the 403(b) plan and $18,000 limit (for 2015, adjusted annually) for the WDCP Section 457(b) Plan. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the 403(b) and/or and 457(b) plans.Plans 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s). 3) I have made an independent determination as to my desire to make these salary deferrals.deferrals.‌ 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law.law.‌ 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. $17,500 limit (for 2013, adjusted annually) for the 403(b) plan and $17,500 limit (for 2013, adjusted annually) for the WDCP Section 457(b) Plan. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the 403(b) and/or and 457(b) plans.Plans 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s). 3) I have made an independent determination as to my desire to make these salary deferrals.deferrals.‌ 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law.law.‌ 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. I understand and agree that there are limitations on my deferrals under the School District of Waupaca Employees Savings Plan (403(b) Plan) and that my contributions under this election do not exceed those limits. Further, I confirm that any deferrals in excess of the general limitations are due to my eligibility for either "catch-up" election which allows for a deferral in excess of the $18,500 limit for the 403(b) plan. I authorize my Employer to reduce or suspend any contributions established by this agreement, if in its opinion, the total annual contributions would exceed my Maximum Allowable Contribution in any calendar year, or as otherwise provided by the Plan. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the School District of Waupaca Employees Savings Plan (403(b) and/or 457(b) plansPlan). 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s)Plan. 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. Grafton School District Salary Reduction Agreement By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the School District of Grafton Employees Savings Plan (403(b) and/or 457(b) plansPlan). 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s)Plan. 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the 403(b) and/or 457(b) plans. 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s). 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.

Terms & Conditions. This Agreement is legally binding upon me and may be terminated by me only by giving notice of termination in the payroll period preceding the payroll period in which the terminations is to be effective. By the execution of this Agreement, I represent that: 1) This Agreement shall terminate any prior Salary Reduction Agreement executed between myself and the District under the 403(b) and/or Plan and 457(b) plansPlan. 2) I have not executed more than the number of Salary Reduction Agreements permitted during the same plan year under the Plan(s). 3) I have made an independent determination as to my desire to make these salary deferrals. 4) I have assessed the risk associated with such investment(s) and have determined, with such professional advice advise as I deemed necessary, that the product offered by the Vendor is suitable to me. 5) The District has no responsibility to evaluate or apprise me, now or in the future, as to the performance, status or otherwise as to the operation or viability of any product offered by the Vendor or alternative investments. 6) I have made an independent determination as to my deferral level after consideration of the requirements of law and affirm that my contributions are within the limits of the law. 7) I understand that I am responsible for determining that the amount of my deferral contributions elected above in this Salary Reduction Agreement, plus any amount deferred under a SIMPLE plan, a 401(k) plan or other 403(b) plan not sponsored by the District, does not exceed the maximum limit specified under Internal Revenue Code section 402(g) for any given plan year.