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SECTION 1 -DEPOSITS <br />1.1 CONTRIBUTIONS. Subject to the terms of the Plan, the Investor ("You") will deposit <br />Contributions that are directed for investment under this Agreement. You may reduce the <br />amount of Contributions by Plan distributions to Participants for any contribution period. <br />1.2 MINIMUM CONTRIBUTIONS. PRIAC ("We", "Our" or "Us") may require a <br />minimum amount of Contributions for investment under this Agreement, in any one Plan <br />year, equal to $35,000. <br />1.3 TRANSFERRED ASSETS. You will deposit amounts contributed under the terms of the <br />Plan prior to the Effective Date of this Agreement that are directed for investment under <br />this Agreement. <br />Subject to the terms of the Plan and as permitted by the Code, and subjecfto Our <br />agreement to accept such transfers, You will deposit amounts transferred from other <br />plans that are directed for investment under this Agreement. For purposes of this section, <br />"plans" shall include any "eligible retirement plan" as, defined in Code section 402(c)(8). <br />1.4 TIMING OF CONTRIBUTIONS AND TRANSFERRED ASSETS. You will deposit <br />Contributions and Transferred Assets within thirty-one (3 1) days of the date specified in <br />the Plan. However, We will allow a grace period of thirty-one (3 1) days or, if less, the <br />time required by law for Contributions. You and the contributing employers will ensure <br />that all Contributions due under the Plan are made within the time required by law. <br />1.5 ROLLOVERS. Subject to the terms of the Plan and as permitted by the Code, and <br />subject to Our agreement to accept such rollovers, You will deposit rollover amounts <br />from other plans that are directed for investment under this Agreement. For purposes of <br />this section, "plans" shall include any "eligible retirement plan" as defined in Code <br />section 402(c)(8).. <br />1.6 ACCEPTANCE',OF DEPOSITS. We will only accept Deposits specified in the <br />preceding paragraphs. <br />1.7 ALLOCATION DATE FOR DEPOSITS. We will allocate Deposits as of the valuation <br />date coinciding with or next following the date We receive the Deposits. The applicable <br />Investment Addendum specifies the valuation date. <br />GA -2020 -IA -0805 <br />25D-43 <br />City of Santa Ana - Investment Agreement (specimen).doc <br />