ELFUN TRUSTS TRUST AGREEMENTElfun Trusts • March 1st, 2017 • Elfun Trusts • New York
Contract Type FiledMarch 1st, 2017 Company JurisdictionWHEREAS, the Fund was established as a New York common law trust to serve as a vehicle for investment exclusively by certain eligible persons that include (1) regular and senior members of the Elfun Society, (2) their immediate family members and trusts established for the exclusive benefit of these members, (3) the surviving spouse of a deceased Elfun Society member, (4) General Electric Company, its subsidiary and controlled companies, and (5) any other persons and entities approved by the trustees of the Fund (the “Trustees”) from time to time (collectively, the “Eligible Participants”), in accordance with the Fund’s operation as an “employees’ securities company,” as defined in Section 2(a)(13) of the Investment Company Act of 1940, as amended (the “Investment Company Act”); and