EXHIBIT 99-19
TENTH AMENDMENT TO TRUST AGREEMENT BETWEEN
FIDELITY MANAGEMENT TRUST COMPANY AND
THE DETROIT EDISON COMPANY
THIS TENTH AMENDMENT, dated as of the first day of May, 2000, by and
between Fidelity Management Trust Company (the "Trustee") and The Detroit Edison
Company (the "Sponsor"):
WITNESSETH:
WHEREAS, the Trustee and the Sponsor heretofore entered into a Trust
Agreement dated June 30, 1994, as amended with regard to The Detroit Edison
Savings & Investment Plan. The Detroit Edison Savings & Investment Plan for
Employees Represented by Local 17 of the International Brotherhood of Electrical
Workers, and The Detroit Edison Savings & Investment Plan for Employees
Represented by Local 223 of the Utility Workers Union of America (collectively
and individually, the "Plan"); and
WHEREAS, the Trustee and the Sponsor now desire to amend said Trust
Agreement as provided for in Section 14 thereof:
NOW THEREFORE, in consideration of the above premises the Trustee and the
Sponsor hereby amend the Trust Agreement by:
(1) Amending the "Processing" Section of Schedule "A" to add the
following:
- Roll-In Processing. The Trustee shall process the
qualification of rollover contributions to the Trust.
The procedures for qualifying a rollover are directed by
the Sponsor and the Trustee shall accept or deny each
rollover based upon the Plan's written criteria and any
written guidelines presided by the Administrator and
documented in the Plan Administrative Manual, or, if
none, as set forth below:
To process a rollover request the participant must
obtain the signature from the distributing plan, trustee
or custodian, on the designated form, certifying that
the monies distributed originally came from a qualified
plan and have not been commingled with any non-eligible
money. If a signature cannot be obtained a signed letter
from the distributing plan, trustee or custodian on its
Company letterhead will also be acceptable.
Requests that do not meet the specified criteria will be
returned to the participant with further an explanation
as to why the request cannot be processed. If the
Sponsor or the Trustee determine that a request is not a
valid rollover, the full amount of the requested
rollover will be distributed to the participant.
IN WITNESS WHEREOF, the Trustee and the Sponsor have caused this Eighth
Amendment to be executed by their duly authorized officers effective as of the
day and year first above written.
THE DETROIT EDISON COMPANY FIDELITY MANAGEMENT TRUST
COMPANY
By: /s/ Xxxxxxx X. Xxxxxxx 04-25-2000 By: /s/ Xxxxxxx Xxxxxx 05-03-2000
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Xxxxxxx X. Xxxxxxx Date Xxxxxxx Xxxxxx Date
Vice President
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