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INVESTMENT AGREEMENT <br />issued by <br />PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY <br />a wholly owned subsidiary of The Prudential Insurance Company of America <br />280 Trumbull Street, Hartford, Connecticut 06103 <br />I►\ _ ul ► _' 1 � �i SIC ����' <br />ISSUED TO: Prudential Bank & Trust, FSB, as Trustee of the City of Santa Ana Deferred <br />Compensation Plan Trust <br />EFFECTIVE DATE: October 1, 2018 <br />ISSUE DATE: <br />This Agreement is a group annuity contract that funds benefits for plans qualified under section <br />457 of the Internal Revenue Code and is designed to comply with state insurance department <br />standards. Annuities are available subject to the terms of each plan. However, this Agreement <br />does not require the purchase of annuities. <br />Prudential Retirement Insurance and Annuity Company ("PRIAC") will accept Deposits of Plan <br />assets and pay Benefits under the terms of this Agreement. The entire Agreement consists of the <br />Application and the provisions of this Agreement. PRIAC issues this Agreement in <br />consideration of the Application and the payment of Deposits provided for under this Agreement. <br />Payments and values that are based on the investment experience of a separate account (other <br />than a guaranteed separate account) are variable and are not guaranteed. The operation of each <br />separate account is described in. this Agreement. <br />In Witness Whereof, PRIAC has executed this Agreement on the Issue Date, to take effect on the <br />Effective Date. <br />President <br />GA -2020 -IA -0805 <br />Exhibit 3 <br />25D-41 <br />City of Santa Ana - Investment Agreement (specimen).doc <br />