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HomeMy WebLinkAbout2004-08-24-9:00AM-RegularFILED 1004 AUG 2 0 P 4. 4q Lh '.OUNTY CL RAZOS COUNTY f C„YAN.1EX BRYAN, TEXAS UTY NOTICE OF MEETING AND AGENDA BRAZOS COUNTY COMMISSIONERS COURT THE C SESSII COUR SUITE 1. 2. Consid 3. 4. MISSIONERS COURT OF BRAZOS COUNTY WILL MEET IN REGULAR ON 24 AUGUST 2004 AT 9:00 A.M. IN THE COMMISSIONERS OOM OF THE BRAZOS COUNTY COURTHOUSE, 300 E. 26TH STREET, BRYAN, TEXAS. and Pledge of Allegiance - Commissioner Mallard for citizen's input and/or concerns. take action on agenda items 3 - 31: ;st from Alma Fonseca, County Extension Agent, for approval to transfer $2,300 account #516400 to account #521000 to hire a temporary employee for the ionist position which is currently vacant. :t Amendment 03/04-43.1 thru 03/04-43.5. 5. P sonnel Change of Status. 6. P ment of Claims. 7. A roval of Election Contract between Brazos County and Texas Voting Systems for the 1 eptember 2004 Special Tax Limitation Election. 8. A ption of a Cellular Telephone / Pager Policy. 9. S the Allowance to be paid to Elected Officials, Department Heads and employees for c ular telephones Commissioners Court Agenda 24 August 2004 Page 2 10. Aptance of the transition of Canada Life Insurance Company to Jefferson Pilot Fi cial Insurance Company, with no change in benefits. 11. Oer Authorizing the Issuance of $5,000,000 "Brazos County, Texas Certificates of O iization. Series 2004" and other matters related thereto. 12. T Refund to Curtis Capps for property (R12077) purchased at a Sheriff's sale for d nauent taxes. 13. C sider hiring a Consultant for Information Purposes related to the Tax Limitation Election. 14. T Refund Applications for the following: a. Baker & Carnes Investments L.L.C. e. Lius U. Rodriguez b. Ann Brewster Baker f. Christopher Sanderson Spang c. Thelma E. Boatwright g. James Tennard c/o Thelma M. Williams d. Chistopher Designs Christopher Spang 15. Request from Juvenile Services for Approval of the Contract Employing Rachel DeLeon as eacher for the Brazos County Academy. Term of service is 18 August 2004 through 3 my 2005. 16. R uest by Charles Ellis, Jr., Justice of the Peace, Precinct 1 for Permission to Purchase a C Lhologv uter from WTI, Inc., a state-approved vendor, using monies from the J.P. T Fund. 17. R uest by the Information Technology Department for Approval to Purchase Servers for th Intranet Messaging System. Total cost is $14,339.00. 18. R uest by the Information Technology Department for Approval to Purchase the S ware Upgrade for the Intranet Messaging System. Total cost is $5,000.00. 19. R~olution #04-013 Declaring Intention to Reimburse Certain Expenditures with b owing proceeds. 20. A and of annual contract for carpet cleaning to Asure Carpet Cleaning. Term of C tract will be from 1 October 2004 through 30 September 2005. 21. Ruest for permission to advertise Bid #2004-038, Janitorial Supplies. 22. A and of Bid #2004-034 Uniforms for Sheriff's Department to Lone Star Uniforms, w , submitted the lowest bid. Term of Contract will be from 30 September 2004 until 3 entember 2005. 23. Ruest for permission to advertise Bid #2004-039 - Culverts, Various Types. 24. Rfouest for permission to advertise Bid #2004-040 - Lane Striping / Pavement Markers. 25. Request for permission to advertise Bid #2004-041 -Road Signs and Sign Posts. Commissioners Court Agenda 24 August 2004 Page 2 11 26 27 28 for permission to advertise Bid #2004-042 - Equipment Lubricants. for permission to advertise Bid #2004-043 - Heavy Machinery Rental. for permission to advertise Bid #2004-044 - Rental of Equipment with Operator. 29. A eptance of Wellborn Special Utility District's cost estimate of $2,660.00 to relocate a roximately 500 linear feet of 2-inch water line in the right of way of Kathy Fleming R d to accommodate improvements to the roadway. Site is located in Precinct 1. 30. A eptance of a Special Warranty Deed from TLS Properties, Ltd. For improvements to a rtion of North Dowling Road located in Precinct 1. 31. A roval of Lodging Expenses of $142.54 per day for Brett Blankner at the ESRI C Ifference on 9-13 August 2004. Price paid per day was less than area host hotels w ch had no rooms available on these dates. 32. Aowledgement of receipt of the Order Determining Compensation of Court R orters. 33. AMknowledgement of receipt of the Order Determining Compensation of the County A itor and the Assistant County Auditors. 34. A#ouncement of interest items and possible future agenda topics. 35. C for citizen input and/or concerns. 36. Atoncy / Board / Committee reports by Court members. 37. The Brazos ounty Courthouse is wheelchair accessible. Handicap parking spaces are available. Any request for sign interpretive ices must be made two business days before the meeting. To make arrangements, call (979) 361-4102. 1 - COMMISSIONERS' COURT REGULAR MEETING AUGUST 24, 2004 Cd A regular meeting of the Commissioners' Court of Brazos nty, Texas was held in the Brazos County Commissioners rtroom in the Courthouse in Bryan, Brazos County, Texas, inning at 9:00 a.m. on Tuesday, August 24, 2004 with the fq~lowing members of the Court present: Randy Sims, County Judge, Presiding; Eric Caldwell, Commissioner of Precinct 1; Duane Peters, Commissioner of Precinct 2; Kenny Mallard, Commissioner of Precinct 3; Carey Cauley, Jr., Commissioner of Precinct 4; Karen McQueen, County Clerk. The attached sheet contains the names of the citizens and officials that were in attendance. Commissioner Mallard gave the invocation and led the pledge of allegiance. There was no citizen input/and or concerns. The Court next considered a request from Dr. Alma F Seca, County Extension Agent, for approval to transfer f ds from one account to another to hire a temporary e loyee. Due to a receptionist position being vacant, Dr. F seca will need a temporary individual for six weeks at ad~roximately 40 hours per week for an estimated cost of $ 300.00. On motion by Commissioner Cauley, seconded by L C PAGE x C issioners Court meeting August 24, 2004 2 C issioner Peters, the Court voted unanimously to approve t request to transfer $2,300.00 from account 516400 (Hourly T porary) to 521000 (Employment Services). The Court next considered Budget Amendment #03/04-43.1 t ough 43.5, that would reallocate funds for the Road and B dge Department, Non Departmental, Sheriff-Jail A' inistration, Brazos County Grant Fund-NTTF, and County A icultural Extension. On motion by Commissioner Peters, s onded by Commissioner Cauley, the Court voted unanimously t approve the budget amendment as submitted, a copy of which i attached. The Court proceeded to consider the change of status of e loyees as submitted on the attached Personnel Action R uests. On motion by Commissioner Peters, seconded by C issioner Cauley, the Court voted unanimously to a rove the changes as submitted. The Court next considered the following Claims as s mitted by the County Treasurer for payment: 20066128 through 20066367 0 motion by Commissioner Cauley, seconded by Commissioner P ers, the Court voted unanimously to approve the Claims as s mitted. The next matter before the Court was approval of a L 6, C) PAGE d3 C issioners Court meeting August 24, 2004 3 Contractual Agreement between Brazos County and Texas Voting Systems (TVS) for the September 11, 2004 Special Tax L itation Election. TVS will provide election supplies and s vices to Brazos County at a cost of $15,100.00. The C my Judge asked the County Clerk the cost of this election w reupon she replied that it was approximately $40,000.00. 0 motion by Commissioner Cauley, seconded by Commissioner P ers, the Court voted unanimously to enter into contractual a eement with Texas Voting Systems. A copy of the c tractual agreement is attached. The next matter before the Court was consideration of a Cj~lular Telephone/Pager Policy. Commissioner Mallard e#lained the policy saying that there were two (2) options, 11 a county issued cell phone or 2), a cell phone allowance. T County Auditor clarified that a Department Head, after d ermining who would qualify for a cell phone could initiate w' h a Personnel Change of Status form. On motion by Cginmissioner Caldwell, seconded by Commissioner Mallard, the C rt voted unanimously to approve the policy. Then on motion b Commissioner Mallard, seconded by the County Judge, the C ;rt voted unanimously to make the policy effective October 9,112004. The Court next considered setting the allowance to be L L~ PAGE ;4 C issioners Court meeting August 24, 2004 4 p d to elected officials, department heads and employees for c lular telephones. On motion by Commissioner Mallard, sq~onded by Commissioner Peters, the Court voted unanimously tglset an allowance of $40.00 per month for cell phones. The next matter before the Court was acceptance of the t nsition of Canada Life Insurance Company to Jefferson Pilot F' ancial Insurance Company. Jefferson Pilot recentlv p chased Canada Life Insurance Company. There will be no c nge in benefits. On motion by Commissioner Mallard, sq~onded by Commissioner Peters, the Court voted unanimously tq'laccept the transition of Canada Life Insurance Company to Jefferson Pilot Financial Insurance Company. The County Judge skipped agenda item number 11. The next matter before the Court was a tax refund to C tis Capps for property (R12077) purchased at a Sheriff's s e for delinquent taxes. The tract that he purchased has p ven to be a duplicate and therefore non-existent. On motion b Commissioner Peters, seconded by Commissioner Mallard, the C rt voted unanimously to approve the refund of $2,600.00. The next matter before the Court was the hiring of a c#sultant for information purposes related to the Tax LAtitation Election. This is for information purposes only. Odd motion by Commissioner Mallard, seconded by Commissioner L b,"O PAGE J5 Commissioners Court meeting August 24, 2004 5 C ley, the Court voted unanimously to approve the contract anil the hiring of Kent Consulting. A copy is attached. The next matter for consideration was approval of tax and applications from the following individuals and/or antes: a) Baker & Carnes Investments L.L. C., Over Payment $462.38 b) Ann Brewster Baker, Over Payment $662.65 c) Thelma E. Boatwright, Over Payment $5.66 d) Christopher Designs/Christopher Spang, Over Payment $19.81 e) Luis U. Rodriguez, Over Payment, $110.88 f) Christopher Sanderson Spang, Over Payment $189.14 g) James Tennard c/o Thelma M. Williams, Over Payment $19.10 0 motion by Commissioner Peters, seconded by Commissioner C dwell, the Court voted unanimously to approve the tax rffund applications. The Court next considered approval of a contract loying a teacher for the Brazos County Academy at the enile Justice Center. This is a 10 month contract for the 2 4-2005 school year. Commissioner Caldwell noted that on Pa ge 3, Paragraph 17 it still says insert date. This needs to b fixed before signing the document. On motion by Cgrtmissioner Mallard, seconded by Commissioner Peters, the C#rt voted unanimously to approve the contract to employ el Deleon as teacher. A copy is attached. L (-,O PAGE C issioners Court meeting August 24, 2004 6 The next matter before the Court was a request by Charles Ellis, Justice of the Peace, Precinct 1 for permission to p chase a computer from WTI, Inc., for a more efficient c nter operation. Commissioner Caldwell moved to approve the r uest. Commissioner Peters seconded the motion. Commissioner C ley said that by approving this request, the Court would be i violation of the Computer Policy and it allows access to other's computer passwords. The County Judge asked the A itor if she had any concerns, which she replied that she d' Commissioner Caldwell said that the problem could be s ved. The IT Department just needs to decide to do it and stop hindering elected officials from efficiency. The County J ge asked the Auditor to get together with the IT Department a Judge Ellis and see if they could come to a resolution. J ge Ellis is requesting a computer capable of having three w' dows open on one computer for the clerks to log in on. The C my Judge then called for a vote. Commissioners Caldwell a Peters voted "Aye". Commissioners Mallard, Cauley and the C my Judge voted "Nay". The motion failed. On motion by C issioner Mallard, seconded by Commissioner Peters, the C curt voted unanimously to table consideration of this item. The Court next considered the purchase of Servers for the I ranet Messaging System. The cost of the servers is L Lio PAGE % Commissioners Court meeting August 24, 2004 7 $11,339.00. On motion by Commissioner Peters, seconded by C issioner Cauley, the Court voted unanimously to approve t purchase of Servers. The next matter before the Court was the purchase of sgrtware upgrade for the Intranet Messaging System. The cost o4lthe upgrade is $5,000.00. This is not a final copy of the tract. On motion by Commissioner Peters, seconded by C issioner Cauley, the Court voted unanimously to approve t purchase subject to the contract being corrected and that t re be no late fees as in item number 4. A copy is a ached. On motion by the County Judge, seconded by Commissioner C ley, the Court voted unanimously to adopt Resolution #04- 0 Declaring Intention to Reimburse Certain Expenditures with b rowing proceeds. Brazos County expects to incur a debt a unt not to exceed $5,000,000.00 and intends to pay the c is of certain projects including the purchase of land. The next matter before the Court was awarding the annual c tract for carpet cleaning. The Buyer for the Purchasing D artment recommended Asure Carpet Cleaning. On motion by C issioner Mallard, seconded by Commissioner Cauley, the C rt voted unanimously to accept the recommendation of the 4er and award the contract to Asure Carpet Cleaning. A copy L C~ PAGE 41 C issioners Court meeting August 24, 2004 g o the bid tabulation is attached. The next matter for consideration was approval for the PI-chasing Agent to advertise Bid 2004-038, Janitorial S plies. On motion by Commissioner Peters, seconded by C issioner Caldwell, the Court voted unanimously to a horize the Purchasing Agent to advertise for bids for J itorial Supplies. The Court next considered awarding Bid No. 2004-034, U forms for Sheriff's Department. Pat Howard, Purchasing A nt, recommended acceptance of the bid submitted by Lone Star Uniforms. On motion by Commissioner Peters, seconded by C issioner Cauley, the Court voted unanimously to accept the r ommendation of the Purchasing Agent and award the contract t Lone Star Uniforms. A copy of the bid tabulation is attached. The next matter for consideration was approval for the P chasing Agent to advertise Bid 2004-039, Culverts, Various T es. On motion by Commissioner Cauley, seconded by C issioner Mallard, the Court voted unanimously to authorize t Purchasing Agent to advertise for bids for culverts. The next matter for consideration was approval for the P chasing Agent to advertise Bid 2004-040, Lane Striping/Pavement markers. On motion by Commissioner Cauley, L (0 PAGE C missioners Court meeting August 24, 2004 9 seconded by Commissioner Peters, the Court voted unanimously t authorize the Purchasing Agent to advertise for bids for L e Striping/Pavement markers. The next matter before the Court was approval for the P chasing Agent to advertise Bid 2004-041, Road Signs and Si n Posts. On motion by Commissioner Cauley, seconded by C issioner Peters, the Court voted unanimously to authorize t Purchasing Agent to advertise for bids for Road Signs and Sign Posts. The Court next considered approval for the Purchasing A cent to advertise Bid 2004-042, Equipment Lubricants. On m ion by Commissioner Peters, seconded by Commissioner C ley, the Court voted unanimously to authorize the P chasing Agent to advertise for bids for Equipment L ricants. The next matter before the Court was approval for the P chasing Agent to advertise Bid No. 2004-043, Heavy M hinery Rental. On motion by Commissioner Peters, seconded b Commissioner Cauley, the Court voted unanimously to a horize the Purchasing Agent to advertise for bids for Heavy Machinery Rental. The next matter before the Court was approval for the P chasing Agent to advertise Bid No. 2004-044, Rental of L b 0, PAGE Cc n issioners Court meeting August 24, 2004 10 E ipment with Operator. On motion by Commissioner Cauley, s onded by Commissioner Peters, the Court voted unanimously t authorize the Purchasing Agent to advertise for bids for R tal of Equipment with Operator. The Court next considered acceptance of the Wellborn S cial Utility District cost estimate of $2,660.00 for r 'Location of approximately 500 linear feet of 2 inch water l# e in the right-of-way of Kathy Fleming Road in Precinct 1. O motion by Commissioner Caldwell, seconded by Commissioner C ley, the Court voted unanimously to accept the Wellborn S cial Utility District cost estimate of $2,660.00 for r4location of a water line. The Court next considered acceptance of a Special W~tranty Deed for right-of-way on North Dowling Road in Pjtcinct 1. On motion by Commissioner Caldwell, seconded by C issioner Cauley, the Court voted unanimously to authorize t County Judge to accept on behalf of Brazos County a S cial Warranty Deed from TLS Properties, Ltd. for the e ansion and improvements to North Dowling Road. The next matter before the Court was approval of lodging e enses of $142.54 per day for Brett Blanker at the ESRI C ference in San Diego, California August 9th through 13th, 2 4. This price was lower than the host hotel but exceeded 6)o L PAGE 31 Co missioners Court meeting August 24, 2004 11 t amount allowable in the county travel policy. On motion b Commissioner Caldwell, seconded by Commissioner Cauley, the C rt voted unanimously to approve payment of lodging e enses. On motion by Commissioner Mallard, seconded by the County J ge, the Court voted unanimously to acknowledge receipt of t Order Determining Compensation of the Court Reporters of t 85th, 272nd and 361St District Courts. On motion by Commissioner Mallard, seconded by C issioner Cauley, the Court voted unanimously to a nowledge receipt of the Order Determining Compensation of t County Auditor and Assistant County Auditors. At this point, the County Judge returned to agenda item 11, adopting an Order Authorizing the Issuance of $E4000,000.00 "Brazos County, Texas Certificates of O igation, Series 2004" and other matters related thereto. Bill Newman, representative of Public Financial Management ( M), informed the Court that he had received 11 bids, that t County maintained a AA rating and qualified for an i erest rate of 4.147425 percent. On motion by Commissioner M lard, seconded by Commissioner Peters, the Court voted u nimously to approve the bid of 4.41475 percent interest, s' ned the Order and Levy of Tax. A copy of the Order is L ~O PAGE C issioners Court meeting August 24, 2004 a ached. 12 Under announcement of interest items and possible future a#nda topics the following spoke: Demerle Giordano a) Said that there will be some activation of pipelines beginning on Friday and will continue for a couple of weeks from Wallace Road to the Bryan city limits. This is safe but noisy. There was no citizen input and/or concerns. Under Agency/Board/Committee reports by Court members, t following spoke: County Judge a) received a letter in reference to HB 2060 stating that the County will no longer be receiving funds from permits but will be receiving materials instead. b) There will be a meeting this afternoon on the budget beginning at 1:00 p.m. and then one at 3:00 p.m. on the tax rate. There being no further business to come before the Cq*rt, the meeting was adjourned. L b0 PAGE -3 T foregoing minutes of the Commissioners Court meeting held A ust 24, 2004 have been examined and are approved in open Court this the rd day of -N p'crOx-r 2004, in Bryan, B zos County, Texas. dy Cg*nt;f Judge D u+ ne Peters C i issioner, Precinct 2 ey CaLley, Jr. miss oner, Precinct Atlttest : Keen McQueen C my Clerk 0 l,, Eric Caldwell Commissioner, Precinct 1 Kenny Mallar Commissioner, recinct L PAGE BRAZO MEETING 00 COUNTY COMMISSIONERS COURT N CGu 2004 AT 9-'00 4-IY- A cud Name Organization/Department .56 G ' @o Cad r k ~,/W vW i dIAMMA. y W 0. Pow n i oov W I~ pi 4Jr B RAZO MEETIN OUNTY COMMISSIONERS COURT N /2004 AT q.ra~ Name Organization/Department NIA 14-1 L Gi Aai, Gfi- 0 Vic, .34 -~t, 4 BRAZOS COUNTY, TEXAS BUDGET AMENDMENT(S) FOR THE 2003-2004 BUDGET YEAR NO. 03/04-43.1 thru 03/04-43.5 members The 2003 the 24`h day of August 2004 at a regular meeting of the Commissioners' Court, the following present: Randy Sims, County Judge, Presiding Eric Caldwell, Commissioner, Precinct 1 E. Duane Peters, Commissioner, Precinct 2 G. Kenny Mallard, Commissioner, Precinct 3 Carey Cauley, Jr., Commissioner, Precinct 4 Karen McQueen, County Clerk proceedings were held: T WHEREAS, on 24 August 2004 the Court heard and approved a budget amendment for the zdget year for Brazos County, Texas. REAS, an expenditure is necessary due to the necessity to meet unusual and unforeseen conditions hich could not be reasonably included in the original budget adopted 12 September 2003 the following endment(s) to the original are hereby authorized, as described on the attached page(s). A PTED AND APPROVED this the 24`h day of August 2004. THE COWSSIONERS' COURT OF BRAZOS COUNTY, TEXAS. By: ims, County Judge Original: I ounty Clerk's Office and ttached to the original budget Copies: ounty Auditor ounty Treasurer ommissioners' Court Minutes BUDGET AMENDMENTS No. 03/0443.1 8/24/2004 FD DIV ACCT PROJ DR/CR ACCOUNT NAME Increase Decrease 01 560010 725900 CR Professional Fees -Other 60,000.00- 01 560010 656700 DR R&B-Maintenance-General 60,000.00 Road & B d e Admin istration To realloc funds for general main tenance to be used for the remainder of fiscal year. ,000.00 60,000.00 if' /x.7/2004 Apprcved_.l3 llatc: 90 A BUDGET AMENDMENTS No. 03/04-43.2 8/24/2004 FD DIV ACCT PROJ DR/CR ACCOUNT NAME Increase Decrease 01 110005 720900 CR Auditor-External 13,300.00 01 110005 725900 DR Professional Fees - Other 13,300.00 Commissi er's Court - Non-De artmental To realloc funds for t he cost of consultin fees on tax freeze. s l V00.00 13,300.00 ))1OVi (~ti , _ ri t J / BUDGET AMENDMENTS No. 03/04-43.3 8/24/2004 FD DIV ACCT PROJ DR/CR ACCOUNT NAME Increase Decrease 01 280020 618060 CR Travel-Inmate Transport 1,000.00 01 280020 721570 DR Counseling Services 1,000.00 Sheriff De artment - Jail Adminis tration To realloc funds to cover counseling services for the remainder the of fiscal year. 100.0 1,000.00 red~By : ifj f A.1~Pr'vcl By: ~ ; j n t'i ern r l pp /AO/20 8A9/2041' S y 3 jy'. S ."is3' W..` tt £ t 'ir k,l r `s .!k, a M BUDGET AMENDMENTS No. 03/04-43.4 8/24/2004 FD DIV ACCT PROJ DR/CR ACCOUNT NAME Increase Decrease 30 2821 614000 282104 CR Insurance 3,000.00 30 2821 672860 282104 DR Equipment - Other 3,000.00 Brazos C n Grant Fund -NTTF To realloc monies to reimburse the S.O. Crime Fund for vests purchased. This information is provided f informational purposes only. 3,DO-W 3,000.00 cd Y, s" ~ ~la • ?fj : i? p~roved 13y y~ 4. r s r '?I.Gr+ r:. ~ a /1~/Z 1)0 p ~F r Md7 7 1' r. del! BUDGET AMENDMENTS No. 03/04-43.5 8/24/2004 FD DIV ACCT PROJ DR/CR ACCOUNT NAME Increase Decrease 01 370001 516400 CR Hourly- Temporary 2,300.00 01 370001 521000 DR Employment Services 2,300.00 A I . ~,vu.ii ri i~uiiui C raiCUaivu To reallocaki funds to create a temporary position to fill a vacant position. 19 00 1 \ 2,300.00 t6- PERSONNEL CHANGE OF STATUS Page I of I CO T DATE: August 24, 2004 DE RTMENT: Personnel PU OSEs Approve Personnel Change of Statue son DEP TMENT NAME EMPLOYEE NAME ACTION REQUESTED 'S OFFICE - GWIN, JUSTIN SIMPSON, HARRROLD RESIGNATION RETIREMENT SERVICES- PAROLE LAMAR, DELECIA K. NEW HIRE CO. *1PRICULTURE EXTN. MOLDENHAUER, LORI RESIGNATION AND BRIDGE CORRAL, HIGINIO FOSTER, ANTHONY MENDEZ, BISENTE MENDEZ, DAVID RETIREMENT DISCHARGED RETIREMENT RETIREMENT Appr ed in Commissioners' Court: Coun Judge's or Commissioner's Si (This py to be attached to minutes) VOL PAGE ~3 ~-ff 7 THE STATE F TEXAS § COUNTY O RAZ;OS § This c,tract made and entered into this the ALth day of August 2004, by and between TEXAS VOTING SY EMS, INC., a Texas Corporation, and the COUNTY OF BRAZOS, State of Texas. WITNESSETH: Texas Voting Systems, Inc. is the business of selling election services and supplies; and Whe' s, the BRAZOS COUNTY is desirous of employing the services of Texas Voting Systems, Inc. in connection wi the BRAZOS COUNTY TAX LIMITATION ELECTION be held on September 11, 2004 in Brazos Coun Texas; Now, herefore, in consideration of the premises and mutual promises and obligations herein set forth, it is agreed that: I VOTING SYSTEMS, INC. will provide the following supplies: (a) F (50) custom gathered election sets to include the five Early Voting locations, one Early Voting Ballot Board set and one Central Counting set. e pad lock seals (b) fi (c) P inct polling place supply packs as required ing material and supplies (d) T n II VOTING SYSTEMS, INC. will provide the following services: (a) , required programming for above mentioned election. (b) iver, set up, pick up and monitor training of Election Judges and Clerks (c) Pi t define eSlates (voting devices) and Judge's Booth Controllers (JBCs ) (d) iver, set up and pick up all equipment for he Early Vote locations (e) D iver and pick-up equipment for election day (f) k up and reset eSlates (voting devices) and Judge's Booth Controllers (JBCs) after the election (g) ist with Early Voting as required. (h) ist with assembling all supplies for use in the individual precincts. (i) istance on election day, as required, to include the Central Counting Station. 0) P vide any consulting services before and after the above mentioned election. (k) P vide help crew on election day. (1) trip to Austin, one trip to Houston to deliver faulty equipment for repair. T, _ III The C, duties and obli on September :JNTY OF BRAZOS, State of Texas, will be responsible for, and hereby assumes the following tions in regard to the BRAZOS COUNTY SPECIAL TAX LIMITATION ELECTION to be held . 2004: (a) Pa ` ent of all invoices, Election Judges, Alternate Judges, and Clerks of Election, to include the Ce ral Counting Station. (b) Fu fish Texas Voting Systems, Inc. a complete list of all issues to be conducted in the above m , tioned election. (c) Al eports, expense accounts, canvass of the election, conduct of the election at the individual polling pl , and any other statutory requirements as required by the Texas Election Code and/or the F ral Voting Rights Act. IV The c sideration to be paid by BRAZOS COUNTY to TEXAS VOTING SYSTEMS, INC. for the services rend 'ed and supplies provided by said corporation for the BRAZOS COUNTY SPECIAL TAX LIMITATION LECTION to be held on September 11, 2004 is FIFTEEN THOUSAND ONE HUNDRED DOLLARS NO CENTS ($15,100.00). IN Wl~ gESS WHEREOF, the parties have hereunto set their hands, this 94 th day of August, 2004. COUNTY OF OS TEXAS VOTING SYSTEMS, INC. Randy Sims Hillie D. Sims County Judge Vice President ATTEST: County Clerk ae1edions212004 B Tax Freeze Contract CELLULAR PHONE /PAGER POLICY BRAZOS COUNTY, TEXAS The purp e of this policy is to provide guidelines for the assignment, use and control of cellular tE -1 ?phones/ pagers and to ensure such equipment is used in the most efficient and ethical m er. The acquisition and use of cellular telephones/pagers by Brazos County departme and employees shall be in accordance with Penal Code 39.02(2). & ACQUISITION The assi ent of a cellular telephone/pager shall be based on an employee's need for immediat communication as deemed necessary by the Department Head or Elected Official. The assignment of cellular telephones/ pagers should not be considered a benefit to County employee; but a necessary tool. The Department Head or Elected Official should not assign cellular t phones/pagers when a less costly alternative is safe and effective (i.e. two-way radio, lan a phone, etc.) As an al dative to Coun owned cellular tgle hones the Department Head or Elected Official, y choose to give an allowance to an employee who needs a cellular telephone, but would nc t be able to use it for County purposes only. This decision will be at the discretion of the Depa ent Head or Elected Official. In this instance, the employee would be compensated with an owance that is the same as the standard cellular telephone rate established by Commiss ners Court. Continued allowance toward the cellular telephone is contingent on providin a front page of the monthly statement to the Department Head/Elected Official on at least a arterly basis. The Purc fiected ng Department shall maintain a master list of all employees who have acquired a Brazos C ty issued cellular telephone/ pager. In addition, all cellular telephones/ pagers will be acquir through the County's contract provider. All changes in service must be processed through chasing to keep records accurate. It shall be the responsibility of the Department Head or Official to ensure that sufficient funds are budgeted for the monthly operation costs associated with cellular telephones/ pagers prior to assigning a cellular telephon pager to an employee. Please note that cell phone expenditures should be charged to line ite 61750000 "Telephone - Cellular" and pager expenditures should be charged to line item 6146, "Pagers" within each department's budget. USE OF IQOUNTY OWNED CELLULAR TELEPHONES/PAGERS • C ular telephones/ pagers are to be used for the conduct of County business and sh Id not be misused for personal communication. • C ular telephones/pagers should not be used when a less costly alternative is safe, co enient and readily accessible (i.e. two-way radio, landline phone, etc.). • U, g a cellular telephone while operating a vehicle is strongly discouraged. t -4& • C ular transmissions are not secure; therefore, employees should use discretion in re ying confidential information. Reasonable precautions should also be made to pr Went equipment theft and vandalism. CELLUL41Z TELEPHONE/PAGER MISUSE Any abu which indicates inordinate use of cellular devices or pagers, will be considered miscond and neglect of duty, subject to removal of cellular telephone/pager usage and/or discipline action up to and including termination. ADMINWRATION The Dep ent Head or Elected Official shall be responsible for the administration and adherenc of the Cellular Telephone/ Pager Policy & Procedures for their department. This Policy car 'be more restrictive if the Department Head or Elected Official deems necessary, but shall nev be less restrictive. CELLULAR TELEPHONE/PAGER AGREEMENT As an e loyee of Brazos County, I, . recognize and understanc that cellular telephones/pagers are provided for employee use in support of the business erations of Brazos County and are to be used for legitimate business purposes. I further erstand that the equipment belongs to Brazos County and is to be used in an effective, 'cient, ethical and lawful manner. I am aw a that Brazos County reserves the right to review, audit and inspect cellular telephone ,ager records at any time, with or without notice. I unders d that I am responsible for good care and maintenance of my assigned cellular telephone ager and will be required to pay for any damage done to this equipment due to my negligence. I also acknowledge that I become fully liable to Brazos County for the full replacem t cost of any lost cellular telephone/ pager equipment. I am awathat my assigned cellular telephone/pager may be reassigned or withdrawn at any time, withr without notice, at the discretion of the Department Head or Elected Official. I unders d that I will surrender my cellular telephone/pager upon termination of employm , t (voluntary or involuntary termination, including retirement). At this point, I am aware tha o further use of my cellular telephone/pager is authorized. I certify acknowledge that I have read and understand Brazos County's policy regarding cellular t phone/pager usage and will comply with the terms and conditions stated Employee Date Signed Cellular 44phone Number Assigned Pager Nu ber Assigned CELLUL R TELEPHONE ALLOWANCE PLAN Plan Rate As an e loyee of Brazos County, I, , agree to make my personal 'cellular telephone number available as required by my Department Head/El ted Official when opting for Brazos County Cellular Telephone Allowance Plan. I agree t ubmit a copy of the front page of my cellular telephone bill at least quarterly, or as req sted, to my Department Head/ Elected Official. Employ Signature Date Cellular lephone Number Allowance (Amount to be set by Commissioners Court) As the partment Head or Elected Official, I understand I am responsible for this employ use and care of the assigned cellular telephone/ pager. Signatur f Department Head/ Date Signed Elected Ofticial • All lissuance of County owned cellular telephones/pagers shall be initiated by the Pu hasing Department. APPROVED AS TO CONTENT AND FORM: y Sims, County Judge VOL PAGE q date BRAZOS COUNTY, TEXAS ACCOUNTING PROCEDURES MANUAL CELLULAR TELEPHONE ALLOWANCE Date: Au By: Commissioner's Court County Auditor To esta sh standard procedures for cellular telephone allowance for County emnlov FOR THE CELLULAR TELEPHONE ALLOWANCE 1.) a Department Head/Elected Official should determine whether the Department Head/Elected Official will be assigned a County cellular lephone or pager or if they will be receiving a cellular telephone allowance. 's decision should be made prior to the publication of the proposed alaries, which will be published after July 3111 each year. 2.) a Department Head/Elected Official should designate the employee to eceive the cellular telephone allowance by completing the Cellular elephone Agreement and completing a Personnel Action Form for the mployee to receive the allowance. The original signed copy of the greement should be attached to the Personnel Action Form and submitted to 3.) „ he Personnel Action Form and the Cellular Telephone Agreement should eflect the monthly amount to be received by the employee. This amount will based on 24 pay periods. 4.) he Department Head/Elected Official should require the employee to turn n a copy of the first page of the monthly cellular phone bill at least quarterly. e Department Head/Elected Official should attach these copies to each rbul ployee's personal timesheet, which is to be kept in their office. 5.) order to terminate the allowance, a Personnel Action Form must be m itted d to Personnel and signed by the Department Head/Elected Official. ivL 0~ F r 1 JEFFERSON PILOT FINANCIAL Ira) July 8, 20041 Brazos Coui ATTN: Lorr< 300 E. 26th 14 Bryan, TX 77 e Nichols eet, Ste 107 Dear Ms. Nichols : Welcome to fferson Pilot Financial Insurance Company. We have transitioned your policy from Canada Life to Jefferson Pil ;and are pleased to have you as a customer! As you begin to administer your policy, you may have questions. Jefferson Pilot Financial understands that you area busy professional who appreciates prompt, friendly custo er service. For your convenience, we have provided you with our toll-free client management telephone nu er listed below. This telephone number can be used for policy administration, life and disability claims and d tal claims and eligibility questions. • ClienpPanagement (800) 423-2765 • Pres 1 and enter your account number(s) which is/are 232859. NOTE: if you have multiple acco t numbers just choose one and enter it. • Your I4all will be directed to our client management team who will assist you in any and every way tWt we can. Our dedicate lient Management team will be here for you and we want you to know that Customer Service is our mission a of our products-delivered to you in real-time, every time---anyway you want it. We believe to deliver the be customer service experience in the insurance industry, we have to hold ourselves to the highest possible stan rds. We believe that customer service is proactive.... it happens before anything goes wrong. We would als ke to introduce our On-line Services, which offers 24-hour real time access to all your account information. If u're looking for a way to simplify or eliminate administrative hassles, On-line Services is for you. Our On-li Services functionality allows you to do all of the following and much more: • Subnlll Life and Disability claims. View Life, Disability and Dental claims status on-line • Enrol[ ew members on-line, add, change or terminate members, then recalculate your bill to reflec he actual amount you owe, and pay your bill on-line and in real time • Revie bills and payment status on-line • View d print group forms, administration guidelines, contracts and certificates on-on-line .ALL IN REA1U TIME! It's easy to re ter! Simply visit our Web site at www.jpfic.com, and within 24 hours your selected user id and password will authenticated and a confirmation will be emailed to you. Again, welco to the Jefferson Pilot Financial Insurance Company!. Remember we are here to provide great service and ar excited to have the opportunity to work with you. We want your transition to our company to be seamless and ooth and the beginning of a long-term relationship. Please contact us at 800-423-2765 with any questions u may have. Any one of our specially trained Client Management Representatives will be available and le to assist you! JEFFERSON PILOT Jefferson Pilot Financial Insurance Company FINANCIAL 8801 Indian Hills Drive, Omaha NE 68114-4066 (402) 361-7300 A Stock Company Group Brazos County In Co 'ideration of the Group Policyholder's application for this Policy and payment of all premiu r. is when due, Jefferson Pilot Financial Insurance Company agrees to make the payments provid in this Policy to the persons entitled to them. The first premium for this Policy is due on its effective date. Subsequent premiums are due on July 1, 004, and on the same day of each month after that. Policy anniversaries will be each Janua 1st; unless shown otherwise on the Premium Rate Schedule inside. The pr isions and conditions set forth on the following pages are a part of this Policy, as fully as if re ted over the signatures below. Jeffers Pilot Financial Insurance Company has executed this Policy at its Home Office in Omah ebraska. The issue date of this Policy is March 1, 2004. s 'sxecutive Officer V4&0_G,s Secretary WORKERS' COMPENSATION INSURANCE NOTICE THIS I NOT A POLICY OF WORKERS' COMPENSATION INSURANCE. THE EMPLOYER DOES OT BECOME A SUBSCRIBER TO THE WORKERS' COMPENSATION SYSTEM BY PURC SING THIS POLICY. IF THE EMPLOYER IS A NON-SUBSCRIBER, THE EMPL ER LOSES THOSE BENEFITS WHICH WOULD OTHERWISE ACCRUE UNDER THE RKERS' COMPENSATION LAWS. THE EMPLOYER MUST COMPLY WITH THE WO RS'. COMPENSATION LAW AS IT PERTAINS TO NON-SUBSCRIBERS. THE REQ D NOTIFICATIONS MUST BE FILED AND POSTED. GROUP INSURANCE POLICY No. 000860051003 PROVIDING LIFE INSURANCE ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE DEPENDENT INSURANCE GL110 TITLE PAGE 95 f 03/01/04 VOL TABLE OF CONTENTS Sc dule of Insurance ......................................................................................................3 De itions ........................................................................................................................4 General Provisions ...........................................................................................................5 Pro sions Applicable to Participating Employers ..........................................................6 Eli ility and Effective Dates for Personal Insurance ....................................................7 Ind idual Terminations ...................................................................................................8 Co nuation of Coverage ................................................................................................9 Pre , iums and Premium Rates .........................................................................................10 Gram, Period .....................................................................................................................12 Pol Termination ...........................................................................................................12 Be iciary .......................................................................................................................13 Fac X ty of Payment ..........................................................................................................14 De Benefit ...................................................................................................................14 Sett ment Options ...........................................................................................................14 Ext sion of Death Benefit ..............................................................................................15 Acc erated Death Benefit ...............................................................................................16 Con rsion Privilege Dep dents Life Insurance ...............................................................................................19 Clai s Procedures for Life or Accidental Death and Dismemberment Benefits ............21 Acc ental Death and Dismemberment Insurance ...........................................................24 Safe river Benefit ..........................................................................................................28 Prior Insurance Credit Provision ......................................................................................29 Noti6 ...............................................................................................................................30 GL1101 -1 2 03/01/04 OL~~ PG v SCHEDULE OF INSURANCE The amount c coverage is th An Insured Pe such increase (1) the f that (2) the (3) the Any decrease the change; w The amount 4 as a result of an Insured Person's insurance is determined from the following table. The initial amount of amount which applies to an Insured Person's Class on the date his or her coverage takes effect. on may become eligible for increases in the amount of insurance in accord with the table. Any ill take effect on the latest of: st day of the Insurance Month which coincides with or follows the date on which the Person becomes eligible for the increase; provided he or she is Actively at Work on Y; y the Insured Person resumes Active Work, if not Actively at Work on the day the e would otherwise take effect; or any required evidence of insurability is approved by the Company. take effect on the first day of the Insurance Month which coincides with or follows the day of ;r or not the Insured Person is Actively at Work. Insured Person's Life Insurance shall be reduced by the amount of any Life Insurance in effect rising the rights under the Conversion Privilege section of this Policy. CLASSIFICATION Class 1 All Full-Time Employees WAITING 1 (a) N( (b) 30 GL1101-2 )D (For date insurance begins, refer to "Effective Date" section) r employees who were hired on or before the Policy Issue Date. of continuous Active Work for employees who were hired after the Policy Issue Date. 3 03/01/04 L SCHEDULE OF INSURANCE (CONTINUED) BASIC INSURANCE LIFE AND AD&D INSURANCE Amount of Personal Life Insurance Class 1 Personal Life - At age 65, - At age 70, - At age 75, - At age 80, Benefits will t $20,000 AD&D Insurance will be reduced as follows: .efits will reduce by 35% of the original amount; .efits will reduce an additional 20% of the original amount; .efits will reduce an additional 15% of the original amount; efits will reduce an additional 10% of the original amount. inate when the Insured Person retires. AD&D Insurance Principal Sum $20,000 If the Insured rson first enrolls for Personal Life and AD&D Insurance at age 65 or older, the above age reductions will pply to: - Any Guaraj ee Issue Amount available without evidence of insurability; and - The maxim.- rn amount of insurance for which he or she is eligible. Insured Person are not required to make contributions for Basic Personal Life Insurance and AD&D Insurance GL1101-2 3-2 03/01/04 SCHEDULE OF INSURANCE (CONTINUED) OPTIONAL INSURANCE LIFE AND AD&D INSURANCE Amount of Personal AD&D Insurance Life Insurance Principal Sum Class 1 Personal Life a - At age 65, - At age 70, - At age 75, - At age 80, Benefits will to If the Insured reductions wil - Any Guam - The maxis Basic Ann Group Poli prior to the It does not ins income from Policyholder's A Person may elect Optional Life Insurance in any $10,000 increment; subject to a maximum of Five times Basic Annual Earnings. Coverage is subject to an overall maximum of $500,000 A Person may elect Optional AD&D Insurance in any $10,000 increment; subject to a maximum of Five times Basic Annual Earnings. Coverage is subject to an overall maximum of $500,000 AD&D Insurance will be reduced as follows: refits will reduce by 35% of the original amount; refits will reduce an additional 20% of the original amount; refits will reduce an additional 15% of the original amount; refits will reduce an additional 10% of the original amount. inate when the Insured Person retires. i first enrolls for Personal Life and AD&D Insurance at age 65 or older, the above age to: Issue Amount available without evidence of insurability; and amount of insurance for which he or she is eligible. arnings means the Insured Person's annual base salary or annualized hourly pay from the ler before taxes on the determination date. The determination date is the last day worked just commissions, bonuses, overtime pay, or any other extra compensation. It does not include •ce other than the Group Policyholder. It will not exceed the amount shown in the Group cial records or the amount for which premium has been paid, whichever is less. Evidence of in rability must be submitted to and approved by the Company for: 1. Option Personal Life and AD&D Insurance amounts in excess of $50,000 at initial enrollment; 2. any in ases (salary or benefit) to the current amount of Optional Personal Life and AD&D Insuran ` after the initial enrollment; and 3. all am is of Optional Personal Life and AD&D Insurance if initially enrolled more than 31 days a first becoming eligible. rqT Evidence of in rability must be submitted to and approved by the Company for: 1. Optional Personal Life and AD&D Insurance amounts in excess of $20,000, if initially enrolled after ag 60 through age 69; and 2. all amounts of Optional Personal Life and AD&D Insurance if initially enrolled more than 31 days a first becoming eligible. GL1101-2 3-3 . 55 % 03/01/04 SCHEDULE OF INSURANCE (CONTINUED) Evidence of it 1. all am( 2. all am days ai An Insured the Basic It GL1101-2 ability must be submitted to and approved by the Company for: :s of Optional Personal Life and AD&D Insurance if initially enrolled after age 70; and is of Optional Personal Life and AD&D Insurance if initially enrolled more than 31 first becoming eligible. may elect Optional Personal Life Insurance, provided such Insured Person is also enrolled in Program. 3-4 03/01/04 SCHEDULE OF INSURANCE (CONTINUED) DEPENDENTS INSURANCE (For Class 1) Dependent Spouse Amount of Spouse Life Insurance A Person may elect Optional Spouse Life Insurance in any $5,000 increment; subject to a maximum of 50% of the Insured Employee's Optional Life Insurance Benefit. Coverage is subject to an overall maximum of $250,000 Spouse AD&D Insurance Principal Sum A Person may elect Optional Spouse AD&D Insurance in any $5,000 increment; subject to a maximum of 50% of the Insured Employee's Optional AD&D Insurance Benefit. Coverage is subject to an overall maximum of $250,000 Amount of Child Life Insurance Dependent C (birth to 21 years years, older, if a full-time student) $10,000 Spouse Life a AD&D Insurance will be reduced as follows: - by 50% of e original amount when the Insured Employee attains age 70. Spouse Insur w e will terminate when the Insured Employee attains age 75. Evidence of in 9 rability must be submitted to and approved by the Company for: 1. Option Spouse Life and AD&D Insurance amounts in excess of $25,000 at initial enrollment; 2. any in eases (salary or benefit) to the current amount of Optional Spouse Life and AD&D Insur a after the initial enrollment; and 3. all am is of Optional Spouse Life and AD&D Insurance if initially enrolled more than 31 days after fi becoming eligible. Evidence of in ' lability must be submitted to and approved by the Company for: 1. Option Spouse Life and AD&D Insurance amounts in excess of $10,000, if initially enrolled after a 60 through age 69; and 2. all am is of Optional Spouse Life and AD&D Insurance if initially enrolled more than 31 days after fi becoming eligible. Evidence of in rability must be submitted to and approved by the Company for: 1. all am is of Optional Spouse Life and AD&D Insurance if initially enrolled after age 70; and 2. all am is of Optional Spouse Life and AD&D Insurance if initially enrolled more than 31 days after fi becoming eligible. Dependents L An Insured Pi Person is also GL1101-2 Insurance may not exceed the Insured Person's amount of Life Insurance. may elect Optional Dependent Life Insurance (Spouse and/or Child), provided such Insured lled in the Optional Life Insurance Program. 3-5 03/01/04 7 SCHEDULE OF INSURANCE (CONTINUED) Insured Per Spouse Life Facility of The followi the Social S Note: Persons If any GL1101-2 are required to make contributions for Optional Personal Life Insurance, AD&D Insurance, D&D Insurance and Child Life Insurance. Amount: $2,000 t applies to the Extension of Death Benefit provision when benefits end upon attainment of Normal Retirement Age: Year of Birth Normal Retirement Age 1937 and prior 65 1938 65 and 2 months 1939 65 and 4 months 1940 65 and 6 months 1941 65 and 8 months 1942 65 and 10 months 1943 - 54 66 1955 66 and 2 months 1956 66 and 4 months 1957 66 and 6 months 1958 66 and 8 months 1959 66 and 10 months 1960 and later 67 on January 1 of any year should refer to the Normal Retirement Age for the previous year. insurability is required, it will be provided at the Person's own expense. 3-6 03/01/04 VOl 66 PAGE DEFINITIONS ACTIVE W( duties of his c (1) the c (2) any or ACTIVELY AT WORK means an employee's full-time performance of all customary occupation at: UP POLICYHOLDER'S place of business; or business location where the employee is required to travel. Unless disable on the prior workday or on the day of absence, an employee will be considered Actively at owing days: Work on the Iu (1) a Sat day, Sunday or holiday which is not a scheduled workday; (2) a paivacation day, or other scheduled or unscheduled non-workday; or (3) an a se d or emergency leave of absence (except a medical leave). COMPANY rnpans Jefferson Pilot Financial Insurance Company, a Nebraska corporation, whose Home Office address is 880 14 Indian Hills Drive, Omaha, Nebraska 68114-4066. DAY OR DA means at 12:01 A.M., Standard Time, at the GROUP POLICYHOLDER'S place of business; when used will. regard to eligibility dates and effective dates. It means 12:00 midnight, Standard Time, at the same place; w. j n used with regard to termination dates. FULL-TIME PLOYEE means an employee of the GROUP POLICYHOLDER: (1) who employment with the GROUP POLICYHOLDER is the employee's principal occu tion; (2) who not a temporary or seasonal employee; and (3) who 11, ~ ` regularly scheduled to work at such occupation at least 40 hours each week. GROUP POL YHOLDER means the person, partnership, corporation, or trust as shown on the Title Page of this Policy. INSURANCE ONTH means that period of time: (1) beginning at 12:01 A.M. Standard Time, at the GROUP POLICYHOLDER'S place of business on t first day of any calendar month; and (2) endi at 12:00 midnight on the last day of the same calendar month. INSURED PE SON means a PERSON for whom the coverages provided by this Policy are in effect. PERSON mea a FULL-TIME EMPLOYEE of the GROUP POLICYHOLDER: (1) who a member of an employee class which is eligible for coverage under this Policy; and (2) who s completed an enrollment form. PERSONAL SURANCE means the insurance provided by this Policy on Insured Persons. PHYSICIAN ans a licensed practitioner of the healing arts other than the Insured Person or a relative of the Insured Person. POLICY GL1101-3 91 this Group Insurance Policy issued by the Company to the Group Policyholder. 4 (REV) 03/01/04 VA fix; PAGE GENERAL PROVISIONS ENTIRE CO] (1) this (2) the ] (3) the ] All statement No statement (1) it is (2) a co 'RACT. The entire contract between the parties consists of ►licy and the Group Policyholder's application (a copy is attached); rticipating Employer's participation agreement; and ured Persons' enrollment cards, if any. nade by the Group Policyholder and by Insured Persons are representations and not warranties. ade by an Insured Person will be used to contest the coverage provided by this Policy; unless: ntained in a written statement signed by that Insured Person; and of the statement is furnished to the Insured Person or Beneficiary. Only an Office of the Company may change this Policy or extend the time for payment of any premium. No change will b alid unless made in writing and signed by an Officer of the Company. Any change so made will be binding on 1 persons referred to in this Policy. INCONTEST ILITY. Except for the non-payment of premiums, the Company may not contest the validity of this Policy as any Insured Person after it has been in force for two years during his or her lifetime. This clause will no ffect the Company's right to contest claims made for disability, accidental death, or accidental dismemberme benefits. NONPARTICATION. This Policy will not be entitled to share in the surplus earnings of the Company. BASIS OF RE RVE. The reserve for this Policy will not be less than the reserve computed using: (1) the 1 0 Intercompany Group Life Disability Valuation Table; and (2) inter at not less than three percent per annum. INFORMATI TO BE FURNISHED. The Group Policyholder and Participating Employers may be required to furnish any nformation needed to administer this Policy. Clerical error by the Group Policyholder or Participating ployer will not: (1) affec he amount of insurance which would otherwise be in effect; or (2) conti a insurance which otherwise would be terminated. Once an error s discovered, an equitable adjustment in premium will be made. If a premium adjustment involves the re t m of unearned premium, the amount of the return will be limited to the twelve month period which precede he date the Company receives proof such an adjustment should be made. The Company ay inspect any of the Group Policyholder's records (and Participating Employers' records) which relate to is Policy. MISSTATEM T OF AGE. If an Insured Person's age has been misstated, premiums will be subject to an ` equitable adjust ent. If the amount of benefit depends upon age; then the benefit will be that which would have been payable, sed upon the person's correct age. CERTIFICATE S. The Group Policyholder 'will be furnished with individual Certificates for.delivery to each ' Insured Person These certificates summarize the benefits provided by this Policy. If there is a conflict between ' the Policy and e Certificate, the Policy will control. CONFORMI WITH STATE STATUTES. If any provision of this Policy conflicts with any applicable law, the provision 1 be deemed to conform to the minimum requirements of the law. WORKER'S C MPENSATION. This Policy is not to be construed to provide benefits required by Worker's Compensation ws. GL1101-4.1 95. p E 5 03/01/04 PROVISIONS APPLICABLE TO PARTICIPATING EMPLOYERS A Particil Employer Persons u: PARTICIPA in the covera Employer has no rights under this Policy except as provided in this Section. The Participating e responsible for all premiums payable with respect to any of its Employees who are Insured is Policy. G EMPLOYER means an employer who has been approved by the Company for participation rovided by this Policy. The following are Participating Employers: Brazos Valley Development Brazos County Rape Crisis EFFECTIVE later of. (a) the (b) the (c) a TE. As it applies to any Participating Employer, the Effective Date of this Policy will be the ;e this Policy is issued; st day of the Insurance Month following the Company's approval of the employer's pation Agreement; or agreed upon by the Company, the Participating Employer, and the Group Policyholder. TERMINATI : Coverage under this Policy will cease as to the employees of any Participating Employer on the date the PE j icipating Employer: (a) no 1 ger meets the definition of a Participating Employer; (b) susp ids active business operations or is placed in bankruptcy or receivership; (c) disc ' es or merges; (d) is ex uded from coverage by Policy amendment; or (e) stop aying premiums as required by this Policy. If an employe t ` ceases to be a Participating Employer, it may not be a Participating Employer until it is re- approved si 14 h by the Company. GL1101-4a 6 03/01/04 LIGIBILITY AND EFFECTIVE DATES FOR PERSONAL INSURANCE ELIGIBILITY ! A Person becomes eligible for the coverage provided by this Policy on the later of: (1) the Pc licy's date of issue; or (2) the d ' e the Waiting Period is completed. WAITING PE OD. (See Schedule of Insurance). EFFECTIVE TE. Personal Insurance becomes effective on the latest of. (1) the t day of the Insurance Month coinciding with or next following the date the Person beco es eligible for the coverage; (2) the a the Person resumes Active Work, if not Actively at Work on the day he or she ` beco es eligible; (3) the d e the Person makes written application for Personal Insurance; and signs: (a) payroll deduction order, if Insured Persons pay any part of the Policy premium; r (b) order to pay premiums from the Person's Section 125 Plan account, if mployer contributions are made through a Section 125 Plan; or (4) the d e the Company approves the Person's coverage, if evidence of insurability is required. EVIDENCE INSURABILITY. Evidence of insurability satisfactory to the Company must be submitted when: (1) a Per m makes written application for Personal Insurance more than 31 days after becoming eligi 1 ' for the coverage; or (2) a Per n makes written application for Personal Insurance after he or she has requested: (a) cancel Personal Insurance; (b) stop payroll deductions for the coverage; or (c) stop premium payments from the Section 125 Plan account. EXCEPTION If an Insured Person's coverage terminates due to an approved leave of absence or military leave, the Cori. any will waive any Waiting Period or evidence of insurability requirement upon his or her return; provide (1) the P 'son returns within six months after the leave begins; (2) the Poison applies or is enrolled within 31 days after resuming Active Work; and (3) the r stated amount of insurance does not exceed the amount which terminated. If an Insured rson's coverage terminates due to a lay-off, the Company will waive any Waiting Period or evidence of in ability requirement upon his or her return; provided: (1) the P son returns within six months after the date the lay-off begins; (2) the P son applies or is reenrolled within 31 days after resuming Active Work; and (3) the re ~ stated amount of insurance does not exceed the amount which terminated. Reinstatement ill take effect on the first day of the Insurance Month coinciding with or next following the date " the Insured Pe n returns to Active Work. If an Insured son's coverage terminates because his or her employment ends, the Company will waive any Waiting Perio r evidence of insurability requirement upon his or her return; provided: (1) the P on is rehired within six months after employment terminated; (2) the P on applies or is reenrolled within 31 days after resuming Active Work; and (3) the re stated amount of insurance does not exceed the amount which terminated. I Reinstatement ll take effect on the first day of the Insurance Month coinciding with or next following the date the Insured Pe n returns to Active Work. GL1101-5 93 (FMLA) 03/01/04 INDIVIDUAL TERMINATIONS An Insured P on's coverage will terminate on the earliest of. (1) the to this Policy terminates; (2) the 1 ` A t day of the Insurance Month in which the Insured Person requests termination; (3) the t day of the last Insurance Month for which premium payment is made on the Insured Pers 's behalf; (4) the to the Insured Person ceases to be in a class of employees which is eligible for coverage and this Policy; (5) with spect to any particular insurance benefit, the date the portion of the Policy providing that ben t terminates; (6) the 1 t day of the Insurance Month in which the Insured Person's employment with the Group Poli holder or Participating Employer terminates; or (7) the ' to the Insured Person enters the armed services of any state or country on active duty; exce for duty of 30 days or less for training in the Reserves or National Guard. (If the Ins d Person sends proof of military service, the Company will refund any unearned preiffr m.) Ceasing Acti Work results in termination of insurance; but coverage may be continued as follows: (1) If the cured Person is disabled due to illness or injury, then coverage may be continued: (a) til the Person is no longer disabled; (b) rovided premium payments are made on his or her behalf. (2) If the sured Person ceases work due to a temporary lay off, an approved leave of absence, or a mili leave; then coverage may be continued: (a) or three Insurance Months after the lay off or leave begins; (b) rovided premium payments are made on his or her behalf. GL1101-5 93 (FMLA) 03/01/04 ~V 6-3 CONTINUATION OF COVERAGE This section Insurance pr( paying the re (1) an ] (2) the Continuation ( allowed under To continue it 31 days of the plies to any Optional Personal Life Insurance and Accidental Death and Dismemberment led by this Policy. Such insurance may be continued until the Insured Person attains age 70, by red premiums, when: fired Person's employment with the Employer ends for a reason other than sickness or )r retirement (normal or early retirement); and urance has been in force for at least 12 months in a row just prior to the date anent ends. insurance under this provision will follow any state required continuation or other continuation e Ceasing Active Work section of this Policy. ice, written application and the first premium payment must be made to the Company, within insurance would otherwise end. The Continuati of Coverage is not available when Policy coverage terminates solely because: (1) an In red Person's Employer ceases to be a Participating Employer; or (2) this icy terminates. For life insura a that terminates under this Policy due to an Insured Person's termination of membership in an eligible class; " the Conversion Privilege section of this Policy. AMOUNT OF OVERAGE. The amount of continued insurance may not exceed the amount in force when employment a s. During the continuation period the amount of insurance may not be increased. Continued insurance will subject to any reduction on account of age, as shown in the Schedule of Insurance. The Insured P on may decrease the amount of continued insurance at any time, by completing a request form supplied by th Company. The decrease will take effect on the first day of the Insurance Month after the Company recei s the request. PAYMENT 011 :PREMIUM. Timely payment of premium must be made directly to the Company, throughout the period of ' ntinued insurance. Premiums will be based on attained age as shown in the premium information pr ided with the application. A direct billing fee will be added to the premium based on the frequency chos . The premium frequency may be changed by sending the Company advance written request on forms suppl 'd by the Company. Such request may be sent at any time while continued insurance is in force, except during a race Period. TERMINATIO OF COVERAGE. Continued insurance will end on the earliest of: (1) the da this Policy terminates; (2) the la day of the Insurance Month in which termination is requested; (3) the la day of the Insurance Month for which premium is paid; (4) the da ~'i the Insured Person attains age 70, or dies; (5) the d insurance would otherwise end had the Insured Person remained an Active Employee; or (6) the d the Insured Person enters, the armed forces of any state or country on active duty; excep 'for duty of 30 days or less for training in the Reserves or National Guard. (If the Insured Person sends proof of military service, the Company will refund any unearned premi When continue o insurance ends, the Insured Person may be entitled to purchase an individual life policy, in accord with the ' onversion Privilege section of this Policy. GL1101-5.5 01 ._.~w. TG PORT (Opt. Life, Opt. AD&D) 03/01/04 PREMIUMS AND PREMIUM RATES PAYMENT such coverage due date. Th payable on or 'PREMIUMS. No coverage provided by this Policy will be in effect until the first premium for s paid. For coverage to remain in effect, each subsequent premium must be paid on or before its Group Policyholder is responsible for paying all premiums as they become due. Premiums are ,fore their due dates at the Company's Home Office. PREMIUM TE CHANGE. The Company may change any premium rate on any of the following dates: (1) any licy Anniversary; (2) any mium due date; or (3) the e any of the Policy's terms are changed. PREMIUM OUNT. The amount of premium due on each due date will be the sum of the products obtained by multiplying ach rate shown in the Premium Rate Schedule by the amount of insurance to which the rate applies. For p mium purposes only, the effective date of any change in the amount of insurance is the fast day of the Insuran Month which coincides with or follows the change. Unless the C pany and the Group Policyholder agree otherwise, the Company will give at least 60 days' advance writt notice of any increase in premium rates. PREMIUM RATE SCHEDULE Monthly Basic roup Life Rate $.23 per $1,000 of insurance Monthly Basic &D Rate .03 per $1,000 of insurance Monthly Opti 1 Group Life Rate ured Employee's Monthly Rate per Attained Age $1,000 of insurance Less than 30 $.09 30 - 34 .10 35 - 39 .13 40 - 44 .20 45 - 49 .33 50 - 54 .56 55 - 59 .91 60 - 64 1.14 65 - 69 1.98 70 - 74 3.21 75 - 79 4.49 80 - 84 7.19 85 - 89 11.50 90 - 94 16.90 95 and over 35.93 Rate changes to an increase in age will become effective on the Policy Anniversary date coinciding with or next following a Insured Person's birthday. Monthly Option 1 AD&D Rate .05 per $1,000 of insurance GL1101-6 10 (REV) 03/01/04 PREMIUMS AND PREMIUM RATES Monthly Rate changes c next following Monthly Optio Monthly Optio The above rate (1) as agi (2) as a r After that, any Policyholder a 1 Spouse Life Rate ured Employee's Monthly Rate per Attained Age $1,000 of insurance Less than 30 $.09 30 - 34 .10 35 - 39 .13 40 - 44 .20 45 - 49 .33 50 - 54 .56 55 - 59 .91 60 - 64 1.14 65 - 69 1.98 70 - 74 3.21 75 - 79 4.49 80 - 84 7.19 85 - 89 11.50 90 - 94 16.90 95 and over 35.93 to an increase in age will become effective on the Policy Anniversary date coinciding with or Insured Person's birthday. Spouse AD&D Rate .05 per $1,000 of insurance Child Life Rate .20 per Insured Child(ren) e guaranteed until January 1, 2005, unless any of the Policy's terms are changed: I upon by the Group Policyholder and the Company; or t of a change in state or federal law which affects this Policy. mium rate change will be as shown in the renewal letter. The Company will send the Group ewal letter prior to each Policy Anniversary. 11 (REV) 03/01/04 GRACE PERIOD A grace peri The Policy i advance wri- premium for ►f 31 days from the due date will be allowed for the payment of each premium after the first. remain in effect during the grace period; unless the Group Policyholder gives the Company notice of termination. The Group Policyholder will remain liable for payment of a pro rata time this Policy remained in force during the grace period. POLICY TERMINATION TERMINAT Policyholder effect for at 1 (1) the (2) all (3) part are After the premium 1 BY THE COMPANY. To terminate this Policy, the Company must give the Group least 31 days' advance written notice of its intent to do so. Until the premium rate has been in t 12 months, the Company can terminate coverage only if it number of Insured Persons is less than ten; he premium is paid by the Group Policyholder and less than 100% of those eligible for ;e are insured; or the premium is paid by Insured Persons and less than 75% of those eligible for coverage aced. This part 3 will not apply to any voluntary, optional or supplemental insurance A under this Policy. rate has been in effect for at least 12 months, the Company can terminate coverage on any by giving 31 days' advance written notice. TERMINATI BY GROUP POLICYHOLDER. The Group Policyholder may terminate this Policy at any time, by givin he Company advance written notice. Coverage will then terminate: (1) on th date the Company receives the notice; or (2) any 1 r date the Group Policyholder and the Company have agreed upon. The Group AUTOMA Policy will Period. EFFECT ON claim incurre GL1101-7 96 remains responsible for the payment of premiums to the date of termination. ;ATION. If any premium remains unpaid at the end of the Grace Period; then this y terminate, without any action on the Company's part, on the last day of the Grace CURRED CLAIMS. Termination of this Policy will not affect benefits otherwise payable for a chile this Policy is in force. 12 No Bene.-ten lives 03/01/04 BENEFICIARY PAYMENTS Insurance will named Benefi (1) survi (2) survi (3) survi (4) survi (5) estat The amount Payment sec PO BENEFICIARY. At an Insured Person's death, the amount of his or her Personal Life ►e paid to the surviving Beneficiary. If the Insured Person has not named a Beneficiary, or if no ary survives the Insured Person; then payment will be made to that Insured Person's: .ng spouse; or, if none 1ng child or children in equal shares; or, if none Ong parent or parents in equal shares; or, if none Fng brothers and sisters in equal shares; or, if none or in accord with the Facility of Payment section of this Policy. to anyone shown above will be reduced by any amount paid in accord with the Facility of In determining ho is to receive payment, the Company may rely upon an affidavit by a member of the class of relatives to r ` ive payment. The Company will make payment based upon the affidavit it has; unless it receives notic of a valid claim by some other person, at its Home Office, before paying the proceeds. Such payment will ease the Company from any further obligation for the Insured Person's life insurance benefit. If an Insured son's named Beneficiary dies: (1) with' 15 days of the Insured Person's death; and (2) befo the Company receives satisfactory proof of the Insured Person's death; then payment ill be made as if the Insured Person had survived that Beneficiary; unless other provisions have been made. NAMING TH BENEFICIARY. An Insured Person's Beneficiary will be as shown on his or her enrollment card, unless c ged.' This Policy may replace a group policy providing similar coverages. In that event, the Beneficiary w ch the Insured Person named under the prior policy will be the Beneficiary under this Policy, until changed. CHANGING HE BENEFICIARY. Only the Insured Person, or his or her assignee, may change the Beneficiary. new Beneficiary may be named by filing a written notice of the change with the Company at its Home Office. he change will be effective as of the date it was signed; subject to any action the Company takes before receiving notice of the change. When applyin for a conversion policy under the Conversion Privilege Section, an Insured Person must name a Beneficiary. a Beneficiary named for the conversion policy may be someone other than the person named under this Pol ` . In that event, the application for the conversion policy will be treated as a written notice of change of Ben iciary. GL1101-7.1A 13 1! 11 t, I 9,, /J Pref. Bene. 03/01/04 FACILITY OF PAYMENT Policy benefi does not con more of the f (1) ape (2) a pc (3) the (4) any y become payable to an Insured Person's estate, to a minor, or to a person who the Company competent to give a valid release. In that event, the Company has the option to pay one or who has assumed the care and support of the Insured Person or Beneficiary; who has incurred expense as a result of the Insured Person's last illness or death; nal representative of the Insured Person's estate; or m related by blood or marriage to the Insured Person. No payment rjhhde under this section may exceed the Facility of Payment Amount shown in the Schedule of Insurance. payment made in good faith under this section will fully discharge the Company to the extent of the payment. tny remaining amount of benefit will be paid as shown in the Beneficiary section. DEATH BENEFIT AMOUNT P ` ABLE ON DEATH. Upon receipt of satisfactory proof of an Insured Person's death, the Company will ay a death benefit equal to the amount of Personal Life Insurance in effect on the date of death. This amount ' shown in the Schedule of Insurance. The benefit will be paid as shown in the Beneficiary, Facility of Pay n ent, and Settlement Options sections. EXCLUSION. Benefits will not be payable if the Insured Person's death: (1) resul from suicide, while sane or insane; and (2) occ within two years after the Insured Person's Personal Life Insurance or an increased amo ' t of insurance takes effect under the Policy (or under any prior group life insurance polic ' which the Policy replaced within 1 day of the prior plan's termination date). This exclusion ill apply only to that amount of insurance or increase which was issued subject to evidence of insurability, w in the two years prior to the Insured Person's death. SETTLEMENT OPTIONS INST, to the ELECTION. If no such d election. practices at 1 be sufficient GL1101-8 97 . All or part of the death benefit may be received in installments, by making written election living, an Insured Person may direct the Company to pay the death benefit in installments. is in effect at the time of the Insured Person's death, the Beneficiary may make such an Any election, whether by an Insured Person or a Beneficiary, must comply with the Company's me it is made. The amount applied under a settlement option must be at least $2,000. It must rovide a payment of at least $20 per month. 14 Death Ben. & Suicide Excl. 03/01/04 C VCS 0- PAGE f' EXTENSION OF DEATH BENEFIT BENEFIT. L (1) becc (2) rem,, (3) subs (a) (b) PREMIUM P. (1) the c (2) the c Upon receipt Person's life it DEFINITION (1) is ur (2) is nc AMOUNT C( (1) will the d (2) will If the Insured provision. An insurance will be continued, without payment of premiums, for an Insured Person who: es Totally Disabled while insured under this policy and before reaching age 60; .s Totally Disabled for at least 6 months in a row; and s satisfactory proof within the 7th through the 12th months of disability; or: s soon as reasonably possible after that; but of later than the 24th month of disability, unless he or she was legally incapacitated. rMENT. Premium payments must continue until: the Insured Person is approved for this Extension of Death Benefit; or this Policy terminates (whichever occurs first). satisfactory proof, the Company will refund up to 12 months' premium paid for the Insured trance, from the 1 st day of Total Disability. or this benefit, Total Disability or Totally Disabled means an Insured Person: ale, due to sickness or injury, to engage in any employment or occupation for which such l Person is or becomes qualified by reason of education, training, or experience; and :ngaging in any gainful employment or occupation. ITINUED. The life insurance continued by this section: the amount of Personal Life Insurance and any Dependent Life Insurance in effect on the Insured Person's Total Disability begins; and subject to the reductions and terminations in effect under this Policy on that day. ,rson receives an Accelerated Death Benefit, the amount will be reduced in accord with that Accidental Death and Dismemberment Benefit will not be continued. ADDITION ROOF. At any time during this continuation, the Company may require the Insured Person: (1) to su it further proof of his or her continued Total Disability; and (2) to be amined by a Physician of the Company's choice, as often as reasonably necessary. After the first o years of Total Disability, the Company will not request proof or an exam more than once a year. Proof w 1 be at the Insured Person's expense; unless the Company requests an exam by a Physician of its choice. When an Insu Person dies after submitting proof, further proof must be submitted to the Company showing that he or she mained continuously and Totally Disabled until death. When an Insured Person dies within 12 months after 1 Disability begins, but before submitting proof; then his or her death benefit will still be paid under the term; of this Policy. But the Company must first receive satisfactory proof of his or her continuous Total Disabili from the last day of Active Work until the date of death. TERMINATI . Any life insurance extended under this section will terminate automatically on: (1) the d the Insured Person ceases to be Totally Disabled; (2) the d the Insured Person fails to take a required medical examination; (3) the 611 h day after the Company mails a request for additional proof, if it is not given; (4) the a ective date of the Insured Person's individual conversion policy, with respect to any amoi*it of life insurance converted in accord with the Conversion Privilege section; or (5) the the Insured Person reaches Social Security Normal Retirement Age (SSNRA), as sho in the Schedule of Insurance (whichever occurs first). RIGHTS AFT TERMINATION. If Total Disability ends, and the Insured Person does not return to a class eligible for Po y coverage; then he or she may exercise the Conversion Privilege. If Total Disability ends, and the Insured Pe on does return to an eligible class; then his or her Policy coverage will resume when premium payments are r umed, and any conversion policy is surrendered as provided below. CONVERSIO POLICIES. If the Insured Person has exercised the Conversion Privilege, and the benefits payable under is Policy and the conversion policy combined would exceed: (1) the red Person's original amount of Policy coverage prior to the conversion; or (2) any ater amount for which he or she later becomes insured under this Policy; then benefits 1 be payable under the terms of this Policy. But the conversion policy must first be surrendered to the Compan and no claim may be made under the conversion policy, except for refund of premium less any dividends and licv loans. GL1101-9 96 15 Stand. Ext. - SSNRA 03/01/04 T ACCELERATED DEATH BENEFIT FOR TERMINAL ILLNESS BENEFIT. T Accelerated Death Benefit for Terminal Illness is an advance payment of part of the Insured Person's Pers al Life Insurance. It may be paid to the Insured Person, in a lump sum, once during the Insured Person's lifetii r. . To qualify, a Terminal Insured Person must: (1) have atisfied the Active Work requirement under this Policy; (2) have en insured under this Policy for at least 12 months; and (3) have at least $2,000 of Personal Life Insurance under this Policy on the day before the Acc 1' rated Death Benefit is paid. Receiving the ` ccelerated Death Benefit will reduce the Remaining Life Insurance and the Death Benefit payable at dea , as shown on the next page. "Claimant," a sed in this section, means the Terminal Insured Person for whom the Accelerated Death Benefit is requested. "Terminal" in ns the Insured Person has a medical condition which is 'expected to result in death within 12 months, despi ' appropriate medical treatment. APPLYING R THE BENEFIT. To withdraw the Accelerated Death Benefit, the Insured Person (or his or her legal repre ntative) must send the Company: (1) writt election of the Accelerated Death Benefit, on forms supplied by the Company; and (2) satin tory proof that the Claimant is Terminal. Such proof shall consist of a Physician's writt . statement on a claim form supplied by the Company and any related medical records requ 'ted by the Company. The Company serves the right to decide whether such proof is satisfactory. (1) base upon the preponderance of the medical evidence; and (2) in ac rd with generally accepted medical standards. The Company, at its own expense, may have a Claimant examined by one or more Physicians of its choice. Before payin an Accelerated Death Benefit, the Company must also receive the written consent of any irrevocable be ficiary or assignee with an interest in the benefit. (See Limitations 3 and 4.) NOTE: TH IS NOT A LONG-TERM CARE POLICY. RECEIVING THIS ACCELERATED DEATH BE FIT WILL REDUCE THE BENEFIT PAYABLE AT DEATH. ANY AMOUNT WITHDRA MAY BE TAXABLE INCOME, SO THE INSURED PERSON SHOULD CONSULT A TAX ADVIS BEFORE APPLYING FOR THIS BENEFIT. AMOUNT O HE BENEFIT. The Insured Person may elect to withdraw an Accelerated Death Benefit in any $1,000 increm t; subject to: (1) a m' ' mum of $1,000 or 10% of the Claimant's amount of Life Insurance (whichever is --neat and (2) a maximum of $250,000 or 75% of the Claimant's amount of Life Insurance (whichever is less). To determine t he Accelerated Death Benefit, the Company will use the lesser of A or B below: A. the i imant's amount of Life Insurance which is in force on the day before the Accelerated Deat Benefit is paid; or B. the 1` imant's amount of Life Insurance which would be in force 12 months after that date; if the c erage is scheduled to reduce, due to age, within 12 months after the Accelerated Death Bene is paid. GL1101-9.8 0 16 ADB-DEP. 03/01/04 ADMINIST TIVE CHARGE: NONE WITHDRAW FEE: NONE EFFECT ON AMOUNT OF LIFE INSURANCE. "Remaining Life Insurance" means the amount of Life ' Insurance wh h remains in force on the Claimant's life after an Accelerated Death Benefit is paid. The Remaining Li Insurance will equal: (1) the aimant's amount of Life Insurance which was used to determine the Accelerated Death Ben( I it (A or B above); minus (2) any rcentage by which the Claimant's coverage is scheduled to reduce, due to age; if the ' redu on occurs more than 12 months after the Accelerated Death Benefit is paid, and while he ors is still living; minus (3) the a unt of the Accelerated Death Benefit withdrawn. Exception. I e Accelerated Death Benefit was determined using the amount shown in Part B on the prior i page, and dea occurs prior to the age reduction scheduled to occur within 12 months after the Accelerated Death .Benefit ayment; then Remaining Life Insurance will equal the amount shown in Part A minus the Accelerated D , th Benefit withdrawn. PREMIUM: T 'iere is no additional charge for this benefit. Continuation of the Remaining Life Insurance will be subject to ely payment of the premium for the reduced amount; unless the Insured Person qualifies for waiver of pren. um under this Policy's Extension of Death Benefit provision, if included. CONDITION If the Claimant exercises the Conversion Privilege after an Accelerated Death Benefit is paid the amount of , a conversion policy will not exceed the amount of his or her Remaining Life Insurance. If the ' Claimant has,, cidental Death and Dismemberment benefits under this Policy, the Principal Sum will not be affected by thell ayment of an Accelerated Death Benefit. EFFECT ON EATH BENEFIT. When the Claimant dies after an Accelerated Death Benefit is paid, the amount of Re ining Life Insurance in force on the date of death will be paid as a Death Benefit. The Insured Person's Death enefit will be paid in accord with the Beneficiary section of this Policy. If the Claimant dies after applicati for an Accelerated Death Benefit has been made, but before the Company has made payment; then the reque will be void and no Accelerated Death Benefit will be paid. The amount of Life Insurance in force on the of death will be paid in accord with Policy provisions. EFFECT ON ES AND GOVERNMENT BENEFITS. Any Accelerated Death Benefit amount withdrawn may be taxabl income to the Insured Person. Receipt of the Accelerated Death Benefit may also affect the Claimant's eli ility for Medicaid, Supplemental Security Income and other government benefits. The Claimant shou consult his or her own tax and legal advisor before applying for an Accelerated Death Benefit. The Company not responsible for any tax owed or government benefit denied, as a result of the Accelerated Death Benefit vment. LIMITATION No Accelerated Death Benefit will be paid: (1) if anyequired premium is due and unpaid; (2) on an conversion policy purchased in accord with the Conversion Privilege; (3) witho the written consent of the beneficiary, if the Insured Person has named an irrevocable (4) withc undej (5) if an~ spow court (6) if the suicic (7) if a € Dead (8) if an, GL1101-9.8 01 , the written consent of the assignee, if the Insured Person has assigned his or her rights is Policy; art of the Life Insurance must be paid to the Insured Person's child, spouse or former pursuant to a legal separation agreement, divorce decree, child support order or other laimant has been insured under this Policy less than two years and is Terminal due to a attempt, while sane or insane; or due to an intentionally self-inflicted injury; vernment agency requires the Insured Person or the Claimant to use the Accelerated lenefit to apply for, receive or continue a government benefit or entitlement; or scelerated Death Benefit has been previously paid for the Claimant under this Policy. I~ q1.7 J/ ADB-DEP. 03/01/04 CONVERSION PRIVILEGE - CONVERSION BENEFITS GENERAL B: Company wid terminates for (1) termi (2) the h (a) (b) To purchase a after the life in Any policy issi (1) be fo (2) be or (3) be i (4) be i (5) regi purchased fre (1) all( and (2) that Any conversi a policy issue (1) $ I a (2) the . EFFECTIVE I on the later of (1) its da (2) 31 & DEATH DUR the amount of (1) was (2) dies This death bet for the convey: NOTICE OF Insurance term (1) giver (2) mail( (3) mail( An additional at least 15 dal will expire on (1) 15 & (2) 60 d such No death ben( the right to coi GL1101-10 ;FIT. An individual life policy, known as a conversion policy, may be purchased from the evidence of insurability, if all or part of anyone's life insurance, provided by this Policy, reason except: on or amendment of the Policy; or -d Person's request for: nination of insurance; or cellation of payroll deduction. eversion policy, application and payment of the first premium must be made within 31 days ince is terminated. d under the General Conversion Benefit will: to amount not to exceed the amount of the life insurance which was terminated; my form (except term) then issued by the Company at the age and amount for which tion is made; ;d at the Insured Person's age at nearest birthday; :d without disability or other supplemental benefits; and premiums based on the class of risk to which the person then belongs. BENEFIT-POLICY TERMINATION OR AMENDMENT. A conversion policy also may be he Company if part of anyone's insurance terminates due to amendment or termination of this Policy; rson has been covered continuously under this Policy for at least five years. policy issued due to Policy termination or amendment will be subject to the same conditions as nder the General Conversion Benefit except its amount may not exceed the lesser of: 0. or zt of Life Insurance which terminates less the amount of any group life insurance for Insured Person becomes eligible within 31 days after the termination. PROVISIONS APPLICABLE TO ALL CONVERSION POLICIES TES. The coverage provided by a conversion policy issued under this Section will be effective of issue; or after the date on which the person's life insurance terminated. "G CONVERSION PERIOD. The Company will pay a death benefit under this Policy equal to life insurance which could have been converted, if the person: titled to purchase a conversion policy; and thin the 31 day conversion period. it will be paid even if no one applied for the conversion policy. If the first premium was paid ,n policy, the amount of the premium will be refunded and the conversion policy will be void. ONVERSION PRIVILEGES-INSURED PERSONS. When an Insured Person's Personal ates, written notice of the right to convert will be: ersonally to the Insured Person; by the Group Policyholder to the Insured Person at his last known address; or by the Company to the Insured Person at his last known address as furnished by the Policyholder. riod in which to convert will be granted if this written notice is not given to the Insured Person before the end of the 31 day conversion period. Any such extension of the conversion period earliest of. after the Insured Person is given the written notice; or after the end of the 31 day conversion period even if the Insured Person is never given will be payable under this Policy after the 31 day conversion period has expired even though rt may be extended. 18 03/01/04 DEPENDENTS LIFE INSURANCE BENEFIT. Company N amount is s (1) to (2) if on receipt of satisfactory proof of a Dependent's death while insured under this Policy, the Say the amount of the Dependents Life Insurance in effect on the date of such death. This a in the Schedule of Insurance. The death benefit will be paid: Insured Person; or Insured Person fails to survive the Dependent, to the Insured Person's Beneficiary or ing to the Facility of Payment Section. EXCLUSION. enefits will not be payable if a Dependent's death: (1) result from suicide, while sane or insane; and (2) occu within two years after insurance or an increased amount of insurance for that Dependent takes ffect under this Policy (or under any prior group life insurance policy which this Policy repla d within 1 day of the prior plan's termination date). This exclusion 11 apply only to that amount of insurance or increase which was issued subject to evidence of insurability, w in the two years prior to a Dependent's death. DEPENDENT A Dependent means a person who meets the definition of a dependent of the Insured Person ' under the prow on of the U.S. Internal Revenue Code; and is an Insured Person's: (1) spou who is not legally separated from the Insured Person; (2) unm 'ed child less than 21 years of age; (3) unm 'ed child 21 years of age or older, if attending an accredited educational institution for the imum credit hours required to maintain full-time student status there; or ' (4) unm ed child who is totally and permanently disabled and who became so disabled prior to reach Mg 21 years of age. A legally ado ` d child is considered the Insured Person's child from the date of placement in the insured Person's home or an agency adoption; or from the date the adoption petition is filed, if later, for a private adoption. In addition to aturally born and legally adopted children, the word "child" includes an Insured Person's stepchild or fo r child; provided the child resides in the Insured Person's household and is dependent on the Insured Person ffir principal support. The term Depe ` lent does not include anyone serving in the armed forces of any state or country; except for duty of 30 days or 1 for training in the Reserves or National Guard. ELIGIBILITY. Insured Person becomes eligible for Dependents Life Insurance on the latest of (1) the da x- the Insured Person becomes eligible for Ptrsonal Insurance; (2) the a ctive date of this Section; or (3) the d the Insured Person first acquires a Dependent. EFFECTIVE TES. An Insured Person's Dependents Life Insurance will become effective on the latest of the following dates (1) the d the Insured Person becomes eligible for Dependents Life Insurance; (2) the da h, the Insured Person makes written application for Dependents Life Insurance and signs a pa 1 deduction order; and (3) the daf T the Company approves any required evidence of insurability on all the Insured Person's If an Insured P on acquires a new Dependent while insured for Dependents Life Insurance, insurance for that Dependent will ke effect on the date the Dependent is acquired. If a Dependent " confined in a hospital on the date his or her Dependents Life Insurance would otherwise take effect, then De dents Life Insurance for that Dependent will not take effect until ten days after final discharge from the hosni . GL1101-11A 19 A - Suicide Exclusion 03/01/04 p /fwd EVIDENCE F INSURABILITY. Each Insured Person's Dependent must submit evidence of insurability satisfactory t he Company if the Insured Person: (1) m s application for Dependents Insurance more than 31 days after the date such Insured Pe n becomes eligible for Dependents Insurance; or (2) elec to be insured for Dependents Insurance after such Insured Person had requested: (a) termination of the Dependents Insurance; or (b) cancellation of the payroll deduction order; or (3) ma application for Dependents Insurance after it has automatically terminated, due to failure ' to p premium by the end of the grace period. INDIVIDUA ` TERMINATION OF DEPENDENT INSURANCE. An Insured Person's Dependents Insurance will cease for 11 of the Insured Person's Dependents on the earliest of: (1) the to the Insured Person's Personal Insurance terminates; (2) the to Dependent Insurance is discontinued under this Policy; (3) the to the Insured Person ceases to be in a class of employees eligible for Dependent Ins ce; (4) the to the Insured Person requests that the Dependent Insurance be terminated; or (5) the t day of the premium paying period for which the Insured Person has made any required con bution toward the cost of the Dependent Insurance. Dependents Impany rance on a particular Dependent will cease on the earliest of. (1) the o he or she ceases to be a Dependent as defined in this Policy; (2) the o he or she becomes covered under this Policy as an Insured Person; or (3) the o he or she enters the armed forces of any state or country; except for duty of 30 days or less the Reserves or National Guard. (If the Insured Person sends proof of military service, the will refund any unearned premium.) MISSTATE NT OF AGE. If the age of a Dependent has been misstated, premiums will be subject to an equitable adj ent. If the amount of benefit is dependent upon age, the benefit will be that which would have been payable sed upon the Dependent's correct age. Dependents Insurance may not be assigned. INCONTEST BILITY. Except for non-payment of premiums, the Company may not contest the validity of this Policy as any Dependent, after it has been in force for two years during the lifetime of that Dependent. This clause not affect the Company's right to contest claims made for accidental death, or dismemberment benefits. GL1101-12 20 03/01/04 CLAIMS PROCEDURES LIFE OR ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS NOTE: This olicy may include an Extension of Death Benefit, an Accelerated Death Benefit or a Living Benefit. If so lease refer to that section for special claim procedures. NOTICE AND PROOF OF CLAIM Notice of Cla [ber Written notice of an accidental death or dismemberment claim must be given within 20 days after the loss urs; or as soon as reasonably possible after that.* The notice must be sent to the Company's Home Office. should include: (1) the red Person's name and address; and (2) the n of this Policy. Claim Forms When notice of claim is received, the Company will send claim forms for filing the required proof. If the ompany does not send the forms within 15 days; then the Insured Person or Beneficiary (the claimant) may 'end the Company written proof of claim in a letter. It should state the nature, date and cause of the loss. Proof of Clai The Company must be given written proof of claim within 90 days after the date of the loss; or as soon as rea nably possible after that.* Proof of claim must be provided at the claimant's own expense. It must show th ature, date and cause of the loss. In addition to the information requested on the claim form, documentatio ust include: (1) A ce fied copy of the death certificate, for proof of death. (2) A co of any police report, for proof of accidental death or dismemberment. (3) A si d authorization for the Company to obtain more information. (4) Any her items the Company may reasonably require in support of the claim. * Exception: ailure to give notice or furnish proof of claim within the required time period will not invalidate or reduce the im; if it is shown that it was done: (1) as so as reasonably possible; and (2) in no vent more than one year after it was required. These time h 1' will not apply while the claimant lacks legal capacity. EXAM OR TOPSY. At anytime while a claim is pending, the Company may have the Insured Person examined: (1) by a. I ysician of the Company's choice; (2) as o as reasonably required. If the Insured rson fails to cooperate with an examiner or fails to take an exam, without good cause; then the Company may eny benefits, until the exam is completed. In case of death, the Company may also have an autopsy done,, A here it is not forbidden by law. Any such exam or autopsy will be at the Company's expense. TIME OF PA ENT OF CLAIMS. Any benefits payable under this Policy will be paid: (1) immediately after the Company receives complete proof of claim and confirms liability; and (2) in anvent, within 60 days after the Company receives acceptable proof of claim. TO WHOM 11AYABLE Death. Any b efits payable for the Insured Person's death will be paid in accord with the Beneficiary, Facility of Payment, Settlement Options sections of this Policy. If this Policy includes Dependent Life Insurance; then any bene payable for an insured Dependent's death will be paid to: (1) the red Person, if he or she survives that Dependent; or (2) the ured Person's Beneficiary, or in accord with the Facility of Payment section; if the Insur Person does not survive that Dependent. Dismemberm t. If this Policy includes Accidental Death and Dismemberment Benefits; then any benefit, other than the sured Person's death benefit, will be paid to the Insured Person. GL1101-13A TX UADD 21 03/01/04 CLAIMS PROCEDURES (Continued) NOTICE OF If the Compan (1) the r (2) how (3) whet CLAIM DECISION. The Company will send the claimant a written notice of its claim decision. denies any part of the claim; then the written notice will explain: son for the denial, under the terms of this Policy and any internal guidelines; le claimant may request a review of the Company's decision; and -r more information is needed to support the claim. The Compan ill send this notice within 15 days after resolving the claim. If reasonably possible, the Company will end it within: (1) 90 d s after receiving the first proof of a death or dismemberment claim; or (2) 45 d vs after receiving the first proof of a claim for any Extension of Death Benefit, Living Ben It or Accelerated Death Benefit available under this Policy. Delay Notice. f the Company needs more than 15 days to process a claim, in a special case; then an extension will be permi . If needed, the Company will send the claimant a written delay notice: (1) by th 15a' day after receiving the first proof of claim; and (2) eve 0 days after that, until the claim is resolved. The notice wi xplain the special circumstances which require the delay, and when a decision can be expected. In any event, t lib Company must send written notice of its decision within: (1) 180 ys after receiving the first proof of a death or dismemberment claim; or (2) 105 ys after receiving the first proof of a claim for any Extension of Death Benefit, Living Ben t or Accelerated Death Benefit available under this Policy. If the Comp fails to do so; then there is a right to an immediate review, as if the claim was denied. Exception: I the Company needs more information from the claimant to process a claim; then it must be supplied with' 45 days after the Company requests it. The resulting delay will not count towards the above time limits fo laim processing. REVIEW PROCEDURE. The claimant may request a claim review, within: (1) 60 d s 4after receiving a denial notice of a death or dismemberment claim; or (2) 180 ys after receiving a denial notice of a claim for any Extension of Death Benefit, Living Ben t or Accelerated Death Benefit available under this Policy. To request a r iew, the claimant must send the Company a written request, and any written comments or other items to supp the claim. The claimant may review certain non-privileged information relating to the request for review. Notice of De i on. The Company will review the claim and send the claimant a written notice of its decision. The notice wxplain the reasons for the Company's decision, under the terms of this Policy and any internal guidelines. ICompany upholds the denial of all or part of the claim; then the notice will also describe: (1) any her appeal procedures available under this Policy; (2) the t to access relevant claim information; and (3) the t to request a state insurance department review, or to bring legal action. For a death o dismemberment claim, the notice will be sent within 60 days after the Company receives the request for review; or within 120 days, if a special case requires more time. For a claim for any Extension of Death Benefit Living Benefit or Accelerated Death Benefit available under this Policy, the notice will be sent within 45 day after the Company receives the request for review; or within 90 days, if a special case requires more time. GL1101-13A TX UADD ~n 22 03/01/04 V 0 L PA G Ep -1 q 7. CLAIMS PROCEDURES (Continued) Delay Notic Insured Pers explain: (1) the (2) wh, (3) wh Exception: supplied w: time limits the Company needs more time to process an appeal, in a special case; then it will send the written delay notice, by the 30th day after receiving the request for review. The notice will ;ial circumstances which require the delay; more information is needed to review the claim; and decision can be expected. he Company needs more information from the claimant to process an appeal; then it must be 45 days after the Company requests it. The resulting delay will not count towards the above )peal processing. Claims Subje to ERISA (Employee Retirement Income Security Act of 1974). Before bringing a civil legal action under federal labor law known as ERISA, an employee benefit plan participant or beneficiary must exhaust avails a administrative remedies. Under this Policy, the claimant must first seek two administrative reviews of the dverse claim decision, in accord with this section. If an ERISA claimant brings legal action under Section 2(a) of ERISA after the required reviews; then the Company will waive any right to assert that he or she faile o exhaust administrative remedies. RIGHT OF iblv COVERY. If benefits have been overpaid on any claim; then full reimbursement to the Company is rl fired within 60 days. If reimbursement is not made; then the Company has the right to: (1) redu uture benefits until full reimbursement is made; and (2) reco such overpayments from the Insured Person, or from his or her Beneficiary or estate. Such reimburent is required whether the overpayment is due to fraud, the Company's error in processing a claim, or any r rea son. LEGAL AC NS. No legal action to recover any benefits may be brought until 60 days after the required written proof claim has been given. No such legal action may be brought more than three years after the date written proof claim is required. COMPANY' ISCRETIONARY AUTHORITY. Except for the functions that this Policy clearly reserves to the Group P icyholder or Employer, the Company has the authority to: (1) mana this Policy and administer claims under it; and (2) inte t the provisions and resolve questions arising under this Policy. The Company uthority includes (but is not limited to) the right to: (1) estab h and enforce procedures for administering this Policy and claims under it; (2) deter ine Employees' eligibility for insurance and entitlement to benefits; (3) deter ine what information the Company reasonably requires to make such decisions; and (4) resol ` all matters when a claim review is requested. Any decision t Company makes, in the exercise of its authority, shall be conclusive and binding; subject to the Insured Person or Beneficiary's rights to: (1) reque a state insurance department review; or (2) bring 1gal action. GL1101-13A OIL TX 23 J(~/ UADD 03/01/04 ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE DEATH OR benefit listed 1 (1) an h (2) that The loss must BENEFIT FOR AN INSURED PERSON. The Company will pay the Person sustains an accidental bodily injury while insured under this provision; and directly causes one of the following losses within 365 days after the date of the directly from the injury and from no other causes. LOSS Loss of Life Loss of One Loss of Two (Hand, Foot or Eye) Members BENEFIT FOR COMMON CARRIER ACCIDENT 2 Times Principal Sum Principal Sum 2 Times Principal Sum The Principal Nam for the Insured Person's class is shown in the Schedule of Insurance. BENEFIT FOR OTHER COVERED ACCIDENT Principal Sum 1/2 Principal Sum Principal Sum MAXIMUM ER PERSON. If an Insured Person sustains more than one loss resulting from the same accident, the efit: (1) will the one largest amount listed; (2) will t exceed two times the Principal Sum for all of that person's combined losses resulting from Common Carrier Accident; and (3) will ` t exceed the Principal Sum for all of that person's combined losses resulting from any othe overed accident. TO WHOM PAYABLE. Benefits for the Insured Person's loss of life will be paid in accord with the Beneficiary section. All other benefits will be paid to the Insured Person. LIMITATIO (1) inter (2) dise~ (3) parti (4) duty (5) war (6) parti (7) volu (8) volu (9) travi on a (10) driv: GL1101-1 S. Benefits are not payable for any loss to which a contributing cause is: onal self-inflicted injury or self-destruction; bodily or mental infirmity, or medical or surgical treatment of these; pation in a riot; s a member of any military, naval or air force; any act of war, declared or undeclared; pation in the commission of a felony; ary use of drugs; except when prescribed by a Physician; ary inhalation of gas, including carbon monoxide; or flight in any aircraft, including balloons and gliders; except as a fare paying passenger ;gularly scheduled flight; or a a vehicle while intoxicated. 01 24 COMMON CARRIER 03/01/04 f1~' g f5 v ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE CONTINUED DEFINITIO "Beneficiary" change the Be "Common Ca paying passen Carrier "Common Ca hire. .ns the person(s) named on the Insured Person's enrollment form. The Insured Person may ,iary by filing a written notice of the change with the Company at its Home Office. Accident" means a covered accidental bodily injury, which is sustained while riding as a fare (not a pilot, operator or crew member) in or on, boarding or getting off from a Common means any land, air or water conveyance operated under a license to transport passengers for "Intoxicated" all be defined by the jurisdiction where the accident occurs. The exclusion will apply whether or not the driv is convicted. "Loss of a Me ber" includes the following: (1) "Los of Hand or Foot," means complete severance through or above the wrist or ankle joint. (In S th Carolina, "Loss of Hand" can also mean the loss of four whole fingers from one hand (2) "Los f an Eye," means total and irrevocable loss of sight in that eye. GL1101-14.3 1 COMMON CARRIER 25 03/01/04 `tPt~ Fay ~a1 ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE DEATH OR DISMEMBERMENT BENEFIT FOR A DEPENDENT SPOUSE. The Company will pay the benefit listed " low, i£ (1) a D ndent Spouse sustains an accidental bodily injury while insured under this provision; and (2) that jury directly causes one of the following losses within 365 days after the date of the acci nt. The loss must sult directly from the injury and from no other causes. A Dependent ouse is eligible for the Accidental Death and Dismemberment Insurance if the Spouse: (1) is in red by this provision on the date of the accident; (2) is not i ` legally separated from the Insured Person; and (3) is n serving on active duty in the armed forces of any state or country except for duty of 30 days r less for training in the Reserves or National Guard. BENEFIT FOR BENEFIT FOR LOSS COMMON CARRIER OTHER COVERED ACCIDENT ACCIDENT Loss of Life 2 Times Principal Sum Principal Sum Loss of One mber (Hand, Foot or Eye) Principal Sum 1/2 Principal Sum Loss of Two More Members 2 Times Principal Sum Principal Sum The Principal m which applies to the Dependent Spouse is shown in the Schedule of Insurance. MAXIMUM ER PERSON. If a Dependent Spouse sustains more than one loss resulting from the same accident, the efit: (1) will the one largest amount listed; (2) will t exceed two times the Principal Sum for all of that person's combined losses resulting from Common Carrier Accident; and (3) will t exceed the Principal Sum for all of that person's combined losses resulting from any othe overed accident. TO WHOM YABLE. Benefits for a Dependent Spouse's loss will be payable: (1) to th Insured Person; or (2) if th sured Person fails to survive the Dependent Spouse, to the Insured Person's Beneficiary or in : ccord with the Facility of Payment section of this Policy. LIMITATIO S. Benefits are not payable for any loss to which a contributing cause is: (1) inte onal self-inflicted injury or self-destruction; (2) dise , bodily or mental infirmity, or medical or surgical treatment of these; (3) parti pation in a riot; (4) duty a member of any military, naval or air force; (5) war ` any act of war, declared or undeclared; (6) parti pation in the commission of a felony; (7) volu ry use of drugs; except when prescribed by a Physician; (8) vol ry inhalation of gas, including carbon monoxide; (9) tray 1 or flight in any aircraft, including balloons and gliders; except as a fare paying passenger on a , gularly scheduled flight; or (10) drivi a vehicle while intoxicated. GL1101-14.3TIO1 COMMON CARRIER SP 26 03/01/04 f _ PR ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE CONTINUED DEFINIT "Common paying pa; Carrier. "Common hire. "Insured P PERSON Policy. (R Accident" means a covered accidental bodily injury, which is sustained while riding as a fare (not a pilot, operator or crew member) in or on, boarding or getting off from a Common means any land, air or water conveyance operated under a license to transport passengers for " as used in this section (Death or Dismemberment Benefit for a Dependent Spouse), means a Dependent Spouse is covered by Accidental Death and Dismemberment Insurance under this the Definitions section of this Policy for the definition of PERSON.) "Intoxicated" all be defined by the jurisdiction where the accident occurs. The exclusion will apply whether or not the driv is convicted. "Loss of a Me ber" includes the following: (1) "Los of Hand or Foot," means complete severance through or above the wrist or ankle joint. (In uth Carolina, "Loss of Hand" can also mean the loss of four whole fingers from one hand (2) "Los of an Eye," means total and irrevocable loss of sight in that eye. INDIVIDUA ;TERMINATION OF INSURANCE FOR A DEPENDENT SPOUSE. Accidental Death and Dismemberm t Insurance for a Dependent Spouse will cease on the earlier o£ (1) the d , e he or she is no longer an eligible spouse; or (2) the d e the Insured Person is no longer eligible for coverage under this Policy. GL1101-14.313 01 27 Q COMMON CARRIER SP 03/01/04 SAFE DRIVER BENEFIT BENEFIT. I an Insured Person dies as a direct result of a covered auto accident, for which Accidental Death and Dismemb ent Benefits are payable; then: (1) an a itional Seat Belt Benefit will be payable, if the Insured Person was wearing a properly fast d seat belt at the time of the accident; and (2) an a itional Air Bag Benefit will be payable, if the auto was equipped with air bag(s). The Seat Belt enefit equals $10,000 or 10% of the Principal Sum, whichever is less; and the Air Bag Benefit equals $10,00 or 10% of the Principal Sum, whichever is less. The Seat Belt Benefit and the Air Bag Benefit will not be 1 than $1,000 per Insured Person. The Principal Sum is the amount payable because of the Insured Perso accidental death. A copy of the olice report must be submitted with the claim. The position of the seat belt or presence of an air bag must be c ified by: (1) the 1cial accident report; or (2) the c ` oner, traffic officer or other investigating officer. Upon receipt satisfactory written proof, the additional benefit will be paid in accord with the Beneficiary section. DEFINITION As used in this provision: "Auto" means 4-wheel passenger car, station wagon, jeep, pick-up truck or van-type car. It must be licensed for use on pub c highways. It includes a car owned or leased by the Group Policyholder. "Intoxicated," accidentoccu: "Seat Belt" in (1) seat (2) other LIMITATIOT (1) the E Pers, (2) at th whic (a) (b) (c) The GL1101-14.1 it or "Under the Influence of Drugs" shall be defined as by the jurisdiction where the a properly installed: or lap and shoulder restraint; or traint approved by the National Highway Traffic Safety Administration. . Safe Driver Benefits will not be paid if cidental Death and Dismemberment Benefit is not paid under this Policy for the Insured i s death; or time of the accident, the Insured Person or any other person who was driving the auto in the Insured Person was traveling: vas driving without a valid drivers' license; vas driving in excess of the legal speed limit; or vas driving while intoxicated, impaired, or under the influence of drugs (except or drugs taken as prescribed by a Physician for the driver's use). love limitations will apply, whether or not the driver is convicted. f ~C, 28 17 Seat Belt & Air Bag 03/01/04 AMENDME TO BE ATTACHED TO AND MADE PART OF GROUP POLICY NO.: 000860051003 ISSUED TO: razos County The Policy is ended by the addition of the following provisions. PRIOR INSURANCE CREDIT UPON TRANSFER OF E LIFE INSURANCE CARRIERS This provisio prevents loss of life insurance coverage for an Insured Person, which could otherwise occur solely because of a transfer of insurance carriers. This Policy will provide the following Prior Insurance Credit, when it replac es a prior plan. "Prior Plan" ans a prior carrier's group life insurance policy, which this Policy replaced within 1 day of the prior plan's to ination date. FAILURE T ATISFY ACTIVE WORK RULE. Subject to payment of premiums, this Policy will provide life coverage a Person who: (1) was ' ured under the prior plan on its termination date; (2) was erwise eligible under this Policy; but was not Actively-At-Work due to Injury or Sic ss on its Effective Date; (3) is no ntitled to any extension of life insurance under the prior plan; and (4) is no otally Disabled (as defined in the Extension of Death Benefit section of this Policy) on the d, i e this Policv takes effect. AMOUNT O IFE INSURANCE. Until the Person satisfies this Policy's Active Work rule, the amount of his or her group li insurance under this Policy will not exceed the amount for which the Person was insured under the prior plan its termination date. This Amend t takes effect on the effective date of coverage under this Policy. In all other respects, this Policy remain he same. Jefferson Pilot Financial Insurance Company Officer of the Company GL 1101-AMEND. PC 1 29 F Prior Ins. Cred. - Life 03/01/04 TOT ff -FREE TELEPHONE NUMBERS FOR INFORMATION AND COMPLAINTS ;1PORTANT NOTICE AVISO IMPORTANTE To obtain in ation or make a complaint: You Para obtener informacion o para someter una queja: may call J ferson Pilot Financial Insurance Usted puede llamar al numero de telefono gratis de Company's 11-free telephone number for Jefferson Pilot Financial Insurance Company para information o''to make a complaint at 1-800-423- informacion o para someter una queja al 1-800-423- 2765. 2765. You may als write to Jefferson Pilot Financial Insurance Co any at: 8801 Indian ~ is Drive Omaha, Nebr ka 68114-4066 You may tact the Texas Department of Insurance to I' btain information on companies, coverages, rig s or complaints at 1-800-252-3439. You may writ he Texas Department of Insurance P.O. Box #14 04 Austin, TX 7 14-9104 FAX # (512) 5-1771 PREMIUM 0, 1 CLAIM DISPUTES: Should you have a disput I' oncerning your premium or about a claim, you slid Id contact the Company first. If the dispute is not esolved, you may contact the Texas Department o Insurance. ATTACH T S NOTICE TO YOUR POLICY: This notice i or information only and does not become a or condition of the attached document. TX NOTICE- Usted tambien puede escribir a Jefferson Pilot Financial Insurance Company: 8801 Indian Hills Drive Omaha, Nebraska 68114-4066 Puede comunicarse con el Departamento de Seguros de Texas para obtener informacion acerca de companias, coberturas, derechos o quejas al 1-800- 252-3439. Puede escribir al Departamento de Seguros de Texas P.O. Box #149104 Austin, TX 78714-9104 FAX # (512) 475-1771 DISPUTAS SOBRE PRIMAS O RECLAMOS: Si tiene una disputa concemiente a su prima o a un reclamo, debe comunicarse con la compania primero. Si no se resuelve la disputa, puede entonces comunicarse con el departamento (TDI). UNA ESTE AVISO A SU POLIZA: Este aviso es solo para proposito de informacion y no se convierte en parte o condicion del documento adjunto. 30 04- REV. 08/01 03/01/04 IMPORTT INFORMATION ABOUT COVERAGE UNDER THE TEXAS LIFE, ACCIDENT, H LTH AND HOSPITAL SERVICE INSURANCE GUARANTY ASSOCIATION Texas law est lishes a system, administered by the Texas Life, Accident, Health and Hospital Service Guaranty Association ( "Association"), to protect policyholders if their life or health insurance company fails to or cannot meet i contractual obligations. Only the policyholders or insurance companies which are members of the Associati are eligible for this protection. However, even if a company is a member of the Association, protection is 1 ited and policyholders must meet certain guidelines to qualify. (The law is found in the Texas Insurance Co Article 21.28D.) BECAUSE STATUTORY LIMITATIONS ON POLICYHOLDER PROTECTION, IT IS POSSIBLE T THE ASSOCIATION MAY NOT COVER YOUR POLICY OR MAY NOT COVER YOUR POLJF Y IN FULL. Eligibility fo rotection by the Association When an ins ce company which is a member of the Association is designated as impaired by the Texas Commissioner f Insurance, the Association provides coverage to policyholders who are: • reside s of Texas at the time that their insurance company is impaired • reside s of other states, ONLY if the following conditions are met: (1) 11 a policyholder has a policy with a company based in Texas; (2) a company has never held a license in the policyholder's state of residence; (3) le policyholder's state of residence has a similar guaranty association; and (4) 11 e policyholder is not eligible for coverage by the guaranty association of the licvholder's state of residence. Limits of Pro ction by the Association Accident, Ac dent and Health, or Health Insurance: • up to otal of $200,000 for one or more policies for each individual covered. Life Insurance • net ca surrender value up to a total of $100,000 under one or more policies on any one life; or • death nefits up to a total of $300,000 under one or more policies on any one life. Individual A uities: • net ca surrender amount up to a total of $100,000 under one or more policies owned by one contra older. Group Annu es: • net cass, surrender amount up to $100,000 in allocated benefits under one or more policies owned by one ' ontractholder; or • net ca surrender amount up $5,000,000 in unallocated benefits under one contractholder reizard ss of the number of contracts. THE INSUI EXISTENC INDUCEM' When you a Texas Life, Service Insu. 6504 Bridge Austin, Tex 800-982-63( www.txlife2 TX NOTIC NCE COMPANY AND ITS AGENTS ARE PROHIBITED BY LAW FROM USING THE OF THE ASSOCIATION FOR THE PURPOSE OF SALES, SOLICITATION, OR T TO PURCHASE ANY FORM OF INSURANCE. an insurance company, you should not rely on coverage by the Association. ident, Health and Hospital -e Guaranty Association int Parkway, Suite 450 '8730 L. 93 31 Texas Department of Insurance P.O. Box #149104 Austin, Texas 78714-9104 800-252-3439 03/01/04 Kent Consulting FOR PROFESSIONAL SERVICES ~ (3 THIS CONRACT is made and entered into on the 24`h day of August 2004, by and between hereinafte ailed COUNTY, and KENT CONSULTING, hereinafter called the CONSULTANT. The CO engages the CONSULTANT to perform professional services for a project known and described Voter Information Project, hereinafter called the "Project". SECTIO - SERVICES OF THE CONSULTANT The CON 4 ;LTANT shall perform the following professional services to BRAZOS COUNTY standards. A. The C( upcoming B. The CC C. The C( before disc SECTIOI The CON experience by the CII JLTANT shall prepare information to be distributed to Brazos County voters concerning the Freeze proposal. 'ANT has assigned Todd Kent and Chris Peterson as Project Managers for this Contract. PANT shall submit all information to the Brazos County Commissioners Court for approval to voters. - PERIOD OF (LT ANT shall complete all services before September 11, 2004. In the event delays are beyond the control of the CONSULTANT, the schedule may be revised as mutually agreed upon and the CONSULTANT. - TERMINATION The CO 1, at its sole discretion, may terminate this CONTRACT for convenience or abandon any portion of the Proj iy, for which services have not been performed by the CONSULTANT, upon five (5) days written notice deli ed to CONSULTANT personally or by certified mail at Kent Consulting, 221 N. Harvey Mitchell P Bryan, TX 77807. In the eve t of such termination or abandonment, the CONSULTANT shall be paid for services performed prior to re 'pt of said notice of termination including reimbursable expenses then incurred. In the event this CONTRA is terminated, the COUNTY shall have the option of completing the work, or entering into a CONTRA with another party for the completion of the work according to the provisions and agreements herein. IN WITN4 S WHEREOF, the parties hereto have executed this CONTRACT this 24`h day of August, 2004. The CON LTANT warrants that the person who is signing this CONTRACT on behalf of the CONSUL is authorized to do so and to execute all other documents necessary to carry out the terms of t s CONTRACT. CONSUL Chris t¥ /''/'%T TATT[/ p E Op f F ~ to Y OF BRAZOSCOUNTY BRYAN, TEXAS One-Year Term Contract for Professional N Employee: Rachel DeLeon The mmissioner Court (hereinafter, County) Juvenile Board of Brazos County, hereby empl s the undersigned professional Employee, and Employee accepts employment on the fo owing terms and conditions: 1. Eloyee shall be employed on a 10-month basis for the school years 2004-2005 accor ng to the hours and dates set by the County as they exist or may hereafter be 2. T County shall pay Employee in twenty-four installments an annual salary accor ng to the compensation plan adopted by the County. Employee's salary includes consi ration for any assigned duties, responsibilities, and tasks, except as provided in the C ty's supplemental duty schedule. 3. T contract does not cover assignments of or payments for supplemental duties. Any such yments are not included as part of the annual salary under this contract. This contr, t does not create a property right to continued employment in any supplemental duty. 4. E loyee shall be subject to assignment and reassignment of positions or duties, additi al duties, changes in responsibilities or work, transfers, or reclassification at anyti during the contract term. 5. E loyee shall comply with, and be subject to, state and federal law and County policies, rules regulations, and administrative directives as they exist or may hereafter be amen d. Employee shall faithfully perform to the satisfaction of the County all duties set for in the job description or as assigned. 6. T " contract is conditioned on Employee's satisfactorily providing the certification, servi records, teaching credentials, and other records and information required by law, the T as Education Agency, the State Board for Educator Certification, the State Board of Ed come may 1 in felon ation, or the County. If proper certification is not provided, this contract does not to force. Failure of Employee to maintain certification in the position(s) assigned grounds for discharge. False statements, misrepresentations, omissions of ;d information, or fraud by the Employee in or concerning any required records or nployment application may be grounds for discharge. Employee hereby its the he/she has made written disclosure to the County of any conviction for a it any offense involving moral turpitude. 7. E loyee shall satisfactorily submit or account for all grades, reports, school equip ent, or other required items at the end of the contract term. Employee agrees that the la salary payment under this contract is conditioned upon receipt from Employee of all su, 11 items. 8. In cordance with the Texas Education Code, Chapter 21, Subchapter's E and F, the Count may terminate this contract and discharge Employee or suspend Employee witho ` pay during the term of this contract for good cause as determined by the County. A sus nsion without pay may not extend beyond the end of the school year. 9. T County may terminate this contract and discharge Employee during the term of the cc i tract if it determines that a financial exigency requires a reduction in personnel. Finanal exigency, as used herein, means any event or occurrence that creates a need for the C ty to reduce financial expenditures for personnel including, but not limited to, a decli in the County's financial resources, a decline in enrollment, a cut in funding, a decli in tax revenues, or an unanticipated expense or capital need. 10. etermination by the County that a program change requires that the contract of Empl ee be terminated during the contract term constitutes good cause for discharge. Progra.n change, as used herein, means any elimination, curtailment or reorganization of a curriculum offering, program, or school operation. Program change includes, but is not limit to , a change in curriculum objectives, a modification, or reorganization of staffipatterns on a particular campus or County-wide, a redirection of financial reso es to meet the educational need of the students, a lack of student response to a partic ar course offering, legislative revisions to programs, or a reorganization or consoll dation of two or more individual schools. 11. lployment in federally or categorically funded positions is expressly conditioned upon e availability of full funding for the position. 12. e County has not adapted any policy, rule, regulation, law or practice providing for to e. Neither right of tenure nor any other contractual obligation, other expectancy of co 'nued employment, or claim of enrollment is created beyond the contract term. 13. 14. or non-renewal of this contract shall be in accordance with state law; Texas code, Chapter 21 Subchapter F; and County Policy. ►yee may be released from this contract only in accordance with Texas Code 21.210 or with County approval, pursuant to local policy. Upon such 2 relea~ the County shall continue to make regular payroll disbursements to Employee until y due and owing salary amount is fully paid. 15. is contract is subject to all applicable federal and state laws, rules and regulations. Inval ity of any portion of this contract under the laws of the State of Texas or of the Unit States shall not affect the validity of the remainder of the contract. 16. is contract combines and supersedes all prior agreements and representation conc ` ing employment. No amendments to this contract shall be binding unless reduced to wr ng and signed by both parties. 17. is offer of employment for the 2004-2005 school year shall expire unless this contrt is signed and returned to the Office of Human Resources on or before September 2, 200 1, . Failure to return the signed contract by this date shall constitute a rejection of the empl ent offer and current employment, if any, shall terminate at the end of the existi contract term. 18. the discretion of the County or County's designee, an employee may be recog ' zed by the County for outstanding performance. Recognized employees may recei a single award not to exceed $1000 in addition to the annual salary and any paym ` it to the Employee for supplemental duties. The award shall be paid prior to the end o he contract term. Payment of an award does not create a property right to future recog tion awards or incentive pay programs. 19. teachers are allowed five(5) sick days and five(5) personal days. I have read this contr t and agree to abide by its terms and conditions: BY: Date: YINICY Juveq e Board BY: II Date: Signature Date 3 OPEN PGUILDJU Scftrmre. &slerna. S.h.67,ns. This Agreement is m a between Open Guild LLC ("Consultant"), with a principal place of business at 6500 Hill ont Drive Oakland CA 94605 and Brazos County, TX("Client" with a principal place''of bu ` ess at Brazos County Courthouse 300 E. 26th Street, Suite 310 Bryan, TX77803. 1. Contract for Scope of Serv s. Subject to and in reliance upon the representations, warranties, and agreements co ined in this Agreement, and subject to the terms and conditions set forth in this Agree nt, Consultant shall provide certain services to or for the Client, as more fully described on Exhibit A attached hereto, and such other services as the Client and the Consultant ee to (collectively, the "Services"). 2. Consultant's Consultant shall be quarter-hour. Speci 3. Invoices Consultant shall su invoice shall detail Client shall prompt 4. Term of Agreem This Agreement will (September L70, 2004. be extended past that 5. Terminating the a) Either pa written n payment 6. Intellectual Prot This agreement gov licenses, ownership isated for each Developer's work at an hourly rate, billed to the nearest ly rates and time constraints are set forth in Attachment A. t invoices for all services rendered at the time of project completion. Each total hours worked per day, with a brief comment on that day's activities. ay the amounts due. :ome effective when signed by both parties and will end no later than mutual written agreement of Client and Consultant, this agreement may may terminate this Agreement at any time by giving 5 business days ;e of termination without cause. Consultant shall be entitled to full services performed prior to the effective date of termination. ty Ownership the development, implementation, and use of Open Source Software. No lsigned rights are offered either explicitly or implicitly. Client " 0" U Comment: Brazos County strives to pay invoices within 15 days but the process involves several steps. Invoices submitted to departments are checked and forwarded to the Auditor who again reviews and forwards to the County Judge for signature. Once complete, the treasurer writes the check Comment: Is this the correct date? acknowledges that ource code and any additional tailored elements of the project are part of a public project and m be used by others freely. 7. Warranties Consultant warrants 11 ' at all services performed under this Agreement shall be performed consistent with gene ly prevailing professional or industry standards. Client must report any deficiencies in Cons ant's services to Consultant in writing within 30 calendar days of performance to recei, re warranty remedies. THIS WARRANTY. S EXCLUSIVE AND IN LIEU OF ALL OTHER WARRANTIES. 8. Limitation Consultant's Liability to Client (a) In no event s. i ill Consultant be liable to Client for lost profits of Client, or special, incidental or con ' quential damages (even if Consultant has been advised of the possibility of such damages). (b) Consultant's tat liability under this Agreement for damages, costs and expenses, regardless of cau , shall not exceed the total amount of fees paid to Consultant by Client under this Aeree nt. (c ) Client agree o test all work before relying upon it for any business purpose. 9. General Provisi s (a) Sole agreem t: This is the entire Agreement between Consultant and Client. (b) Severability: any part of this Agreement is held unenforceable, the rest of the Agreement will tinue in full force and effect. (c) Applicable 14 W: This Agreement will be governed by the laws of the State of Texas Date: Wql ci7 i 'o ultan V Date: P~J" 04 (Signatur Attachment A 0 PEN9 GU ILD,LLf 6500 Hillmont Drive Oakland, CA 94605 Telephone (206) 984-1171 Fax (206) 984-1171 Overview This is a proposal ished by Open Guild LLC at the direction of Brazos County, TX for enhancements t he SquirrelMail web mail software. The purpose of this proposal is to outline the work quested, the timeframe for the work to be completed within, the hourly rate, and the mount of billable time required for completion and support. Objectives • Recurring 7 Events can have a final • Shared Cal, Arbitrarily 4 calendars, b will remain • 24-Hour Sc Events (sch scheduled a displays). • Configurab, The storage different ba nt Scheduling scheduled to repeat daily, weekly, monthly (maybe yearly), and can d-date, after which they no longer recur. lar Management fined user groups can be assigned to any number of different group rhich they might have read or read/write access. Personal calendars ;vents will not overlap calendars in this release. luling, Multi-day Scheduling .ilable in 5-minute increments) can cross day boundaries and can be ny time of the day (current calendar is limited in the hours it Backend f calendar data will be flexible enough to support any number of ends; initially, a single file-based back end will be provided.. Completion Schede Open Guild commi to the completion of the above-proposed configuration by September 201H, Support Servic and Project Costs Open Guild estima the necessary time required to develop, test, implement, QA, and support said confi ration is one-hundred (100) hours. This includes: • Support an( ustomer service availability for the first twenty-four (24) hours post installation • Eight (8) h s of standard customer support to be used within five (5) business days of inst lation • An include illing discount of ten (10) hours of standard support time • Minor Squi ` 1 Mail plug-in adjustment, with no additional support charge for five (5) bus `ess days post installation Open Guild will pr ide these services at a rate of $50 an hour, for a total maximum project cost of $5,000 dollars. Prioritized Second ry Objectives The following feat s will be made available in subsequent version releases or possibly as add-ons in the c ently proposed release if allotted time allows: • vCalendar s port (should then be able to communicate with any vCal/iCal- enabled dev a or application) (approx 10 hours required) • Email rem' er system (approx 20 hours required) • Import or s ing of events between group and personal calendars (approx 10 hours requi ) " • Meeting re st system (approx 50 hours required) i • IMAP, LD and possibly other backends • Migration t s f rom other calendar applications i CLWRq 1f : Ciar-N S uurAm Av-) Ay\, et <e~ - C le-r't Form W111119 Request for Taxpayer Give form to the (Rev. January 2003) identification Number and Certification requester. Do not Department of the T send to the IRS. Internal Revenue Serv N Name pE G~~ ( c.G CY) . 0. Business n , if different from above c 0 C C ` Check app IndividuaV ' riate box: ❑ Sole proprietor Corporation ❑ Partnership [-I Other ► ❑ Exempt from backup withholding o Addt ess be"r, t, and a' t. `or suite no.) rA Q ~ T ~ gp8p~A S U R E a c,, L e 300 EAST 26th SUITE 31 a N~ C a%-k c o5 , M p List accoun umbers) here (optional) m M - - In w Tax a er Identification Number IN Enter your TIN in appropriate box. For individuals, this is your social security number (SSN). Social security number However, for a r dent alien, sole proprietor, or disregarded entity, see the Part I instructions on page 3. For other tities, it is your employer identification number (EIN). If you do not have a number, see How to get a N on page 3. or Note: If the acco is in more than one name, see the chart on page 4 for guidelines on whose number Employer identification number to enter. 01 Al Ce fication Under penalties of i duty, I certify that: 1. The number s n on this form is my correct taxpayer identification number (or I am waiting for a number to be issued to me), and 2. 1 am not subj to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue Servi (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me th t I am no longer subject to backup withholding, and 3. 1 am a U.S. on (including a U.S. resident alien). Certification i ,bons. You must cross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding becau you have failed to report all interest and dividends on your tax return. For real estate transactions, item 2 does not apply. For mortgage inter t paid, acquisition or abandonment of secured property, cancellation of debt, contributions to an individual retirement arrangement (IRA),, d generally, payments other than interest and dividends, you are not required to sign the Certification, but you must provide your corr TIN. (See the ' struction on page 4.) Sign Here Signallit U.S. of c n ► y"'i t Date ► l-+ W 04- Purpose of orm Nonresident alien who becort~s a resident allien. A person who is quired to file an information return with Generally, only a nonresident alien individual may use the terms of a tax treaty to reduce or eliminate U.S. tax on the IRS, must o in your correct taxpayer identification certain types of income. However, most tax treaties contain a number (TIN) to port, for example, income paid to you, real provision known as a "saving clause." Exceptions specified estate transacts , mortgage interest you paid, acquisition in the saving clause may permit an exemption from tax to or abandonment, f secured property, cancellation of debt, or continue for certain types of income even after the recipient contributions yo made to an IRA. has otherwise become a U.S. resident alien for tax purposes. U.S. person. Us Form W-9 only if you are a U.S. person If you are a U.S. resident alien who is relying on an (including a resicif nt alien), to provide your correct TIN to the exception contained in the saving clause of a tax treaty to person requesti it (the requester) and, when applicable, to: claim an exemption from U.S. tax on certain types of income, 1. Certify that a TIN you are giving is correct (or you are you must attach a statement that specifies the following five waiting for a nu er to be issued), items: 2. Certify that, I ` u are not subject to backup withholding, 1. The treaty country. Generally, this must be the same or treaty under which you claimed exemption from tax as a 3. Claim exem ion from backup withholding if you are a nonresident alien. U.S. exempt pa 2. The treaty article addressing the income. Note: If a req ter gives you a form other than Form W-9 3. The article number (or location) in the tax treaty that to request your , you must use the requester's form if it is contains the saving clause and its exceptions. substantially sum to this Form W-9. 4. The type and amount of income that qualifies for the Foreign person. you are a foreign person, use the exemption from tax. appropriate For -8 (see Pub. 515, Withholding of Tax on 5. Sufficient facts to justify the exemption from tax under Nonresident Ale and Foreign Entities). the terms of the treaty article. Cat. No. 10231X Form W-9 (Rev. 1-2003) R ~,~H UTION DECLARING INTENTION TO REIMBURSE CERTAIN EXPENDITURES WITH BORROWING PROCEEDS IEREAS, Brazos County, Texas (the "Issuer") desires to pay capital expenditures in with the purchase of 9.88 acres on Highway 21 (the "Land"); EREAS, Chapter 1201, Texas Government Code, as amended ("Chapter 1201"), permits the Issuer to 11 e the proceeds of obligations to reimburse the Issuer for costs attributable to the Land paid or incurred fore the date of issuance of the obligations for the purpose of financing public works projects, which in 1' de the Land; and VrJEREAS, the Issuer finds, considers, and declares that the reimbursement of the Issuer for the payment such capital expenditures will be appropriate and consistent with the objectives of the Issuer's programs' nd, as such, chooses to declare its intention, in accordance with the provisions of Section 1.150-2(3 of the Treasury Regulations, to reimburse itself for such payments at such time as it issues obligatio to finance the Land. W, THEREFORE, BE IT RESOLVED BY THE COMMISSIONERS COURT OF BRAZOS TEXAS THAT: S1 1 tion 1. This Resolution declares the intention of the Issuer to reimburse the expenditures for the Land ith the proceeds of a borrowing. The Issuer presently intends to reimburse the expenditure by incurring bt the interest on which is excludable from gross income under section 103 of the Internal Revenue de of 1986, as amended. S tion 2. The Issuer reasonably expects to incur debt with an aggregate maximum principal amount n estimated to not exceed $5,000,000 for the purpose of paying the costs of certain projects- including e Land. A portion of the proceeds received by the Issuer from such borrowing are reasonably expected be used to reimburse the Road and Bridge Contingency Fund, from which such capital expenditu s are expected to be made for the Land, in an amount not to exceed $600,000. S tion 3. The Issuer intends that this Resolution satisfy the official intent requirement set forth in Section 1.150-2(e) of the Treasury Regulations and evidences its intentions under Chapter 1201. The Issuer has' o funds or sources of funds, other than the proceeds of the debt to be incurred, which the Issuer has r reasonably expects to be, reserved, allocated on a long-term basis, or otherwise set aside in the Issuer'; I budget or other financial policies with respect to the expenditures to be reimbursed. S ion 4. All costs to be reimbursed pursuant hereto will be original expenditures within the meaning Section 1.150-2(d)(3) of the Treasury Regulations. None of the expenditures to be reimburse `pursuant to this Resolution have been allocated to expenditures entered on the books and records o he Issuer earlier than the date on which such expenditures are paid. Moreover, no debt obligation ill be issued by the Issuer in furtherance of this Resolution after a date which is later than 18 months aft r the later of (1) the date the expenditures are paid or (2) the date on which the property, with respect to, 4 ich such expenditures were made, is placed in service. Se' ion 5. The Issuer declares that this Resolution will be maintained as a public record available for inspect'' n by all persons in accordance with the provisions of Chapter 552, Texas Government Code and that n ater than 30 days after this date, this Resolution will be made available for inspection by all members the general public at the offices of the Issuer. tiro. CERTIFICATE FOR RESOLUTION ethe undersigned County Judge and County Clerk of Brazos County, Texas (the "County"), hereby c ify as follows: 1. The Commissioners Court of the County (the "Commissioners Court") convened in regular session, en to the public, on August 24, 2004, at the meeting place designated in the notice (the "Meeting"), and the roll was called of the members, to wit: Randy Sims, County Judge, and the following membersof the Commissioners Court: Eric Caldwell, Duane Peters, Kenny Mallard, and Carey Cauley, Jr. members of the Commissioners Court were present, except /Z/ A-, thus con I tuting a quorum. Whereupon among other business, the following was transacted at the Meeting: written SOLUTION DECLARING INTENTION TO REIMBURSE CERTAIN ENDITURES WITH BORROWING PROCEEDS (the "Res ution") was duly introduced for the consideration of the Commissioners Court. It was then duly move and seconded that the Resolution be finally passed and adopted; and after due discussion, such mot' , carrying with it the adoption of the Resolution prevailed and carried by the following vote: YES: 57 NOES: D ABSTENTIONS: D . • 2 A true, full, and correct copy of the Resolution adopted at the Meeting is attached to and -follows tl i Certificate; the Resolution has. been duly recorded in the Commissioners Court's minutes of the Meet g; the above and foregoing paragraph is a true, full, and correct excerpt from the Commiss `ners Court's minutes of the Meeting pertaining to the adoption of the Resolution; the persons named in a above and foregoing paragraph are duly chosen, qualified, and acting officers and members of the Co issioners Court as indicated therein; each of the officers and members of the Commissioners Court wa duly and sufficiently notified officially and personally, in advance, of the time, place, and purpose o the Meeting, and that the Resolution would be introduced and considered for adoption at the Meeting a each of such officers and members consented, in advance, to the holding of the Meeting for such purp e; and the Meeting was open to the public, and public notice of the time, place, and purpose of the Meeti was given, all as required by Chapter 551, Texas Government Code, as amended. 3.I 'l aren McQueen is the duly appointed and acting County Clerk of the County County SIRNED AND SEALED this August 24, 2004. Brazos County, Texas COURT SEAL) Brazos County, 4 O -I 0 W ~ 0 O -0 O D -yyI X C- ~m D C - D o o0 2 > D O O D D m D ~m C- v m v r to z0 -I cn z y 0 m -n r D Dz M r= zz D r l -v O p to -I = m Q° -I 0 O m mm D ~m D 0 0 Z M O z c z z 0 TO O m m m cn O m Z m -ml -q D z Y 'i O p m n Z ~ y ° ° m z m z (n m ;u z M r m r m ~ -q z D 5 5 O z z z m 0 m CO) -_I -n 3 pD rn Cil O - (0 O .1, J -4 0 co ~ ~ ~ O O 0 m O O -j OD A W O A, O N W O Cn O W Ut O O O O N Cn N O 0 D CO) 10 D m 49 IW bA -(A 69 to tq to D 0 C r- ;a Dm N (D O Ut p 0 4 (0 ~ M O O Ja 0 W OD A -P, W -4 N Z > (O N O A t0 W CJ1 O CJk U1 W W iv 0 O 0 o) 0 0 " 0 o 0 m 0 co 0 to 0 ~ o iv cn o o 0 0 o o can oo m -i fA -60 <A 69 fA <A fig 4A 40 <A 49 49 b9 <fl fA t9 CO) cn D ic 7- (0 O o M N CD O -A OD -"1 V v N o m 0 rn 0 0 0 0 0 o 0 cn 0 o o O to O Cn cn 0 0 o O o O o O 0 o 0 0 0 0 0 o 0 O 0 o o O O O o o p a m s 6 m m U o nai CL ° 0 Z CD -1 n 0 N PIP CD m 0 y ~p O CL O H o N ~ o p. H 0 A (YQ O D o~ r y n ~ Al A D D D m 0 m z 0 N v I3 r a a 0 N 2 cn 99 l~ Ct~~ 8 C 2 -n O X ic co CD v 0 D ;o ca m ~ ,2 Cn N ~ 32 County, 272nd ar the Offi Court R 85th Dis Court R 272nd D Court R 3615` Di ORDER DETERMINING COMPENSATION OF COURT REPORTERS In the District Courts of Brazos County, Texas the 18th day of August, 2004, after a public hearing in accordance with the Texas Local rt Code, the undersigned Judges of the 85`h, 272nd and 361St District Courts in Brazos xas, determined the compensation to be paid to the Official Court Reporters of the 85th, 61" District Courts as set forth in this order. S THEREFORE ORDERED that, effective October 1, 2004, the annual compensation of Court Reporters of the 85th, 272nd and 361 sc District Courts be set as follows: ition Name Grp/Stp Sala rter Paula K. Frederick 25/12 $53,576.47 t Court Court Carolyn J. White 25/12 $53,576.47 Court Susan Rainwater Page 1 of 2 /00 25/12 $53,576.47 IS FURTHER ORDERED that the District Clerk of Brazos County shall file this order in the of the District Courts of Brazos County, Texas and shall certify this order to the Court of Brazos County, Texas for its observance. this 18th day of August, 2004. D. LA GLEYZ' residin udge 85'x' Dist ct Court STEVE SMITH Presiding Judge 3615' District Court RICHAAD W. B. "RICK" DAV Presiding Judge 272nd District Court Page 2 of 2 I ACKNOWLEDGED: ~ o w In the District Courts of Brazos County, Texas X33 ORDER DETERMINING COMPENSATION OF COUNTY AUDITOR AND ASSISTANT COUNTY AUDITORS the 18"' day of August, 2004, after a public hearing in accordance with the Texas Local Code, the undersigned Judges of the District Courts in Brazos County, Texas, the compensation to be paid to the County Auditor and Assistant County Auditors as set forth in t* order. THEREFORE ORDERED that, effective October 1, 2004, the annual compensation of the Count Auditor and each Assistant County Auditor position be set as set forth as approved in the attached f i hibit "A" which is incorporated herein. FURTHER ORDERED that the District Clerk of Brazos County shall file this order in the minus of the District Courts of Brazos County, Texas and shall certify this order to the Commiss#4ners Court of Brazos County, Texas for its observance. C this 18th day of August, 2004. 85" IGLEY FJ DAVIS in Judge Presiding Judge is ~lct Court 272nd District Court STEVE SMITH Presiding Judge 361St District Court ACKN ED: Sims, County Judge EXHIBIT A Order Determing Compensation of the County Auditor and Assistant County Auditors For the Fiscal Year Ending September 30, 2005 Position Em Hire Annual Date Salarv COL f ty Auditor Katie Conner 3/20/1995 $ 70,296.00 Dir tor of Accounting Irene Jett 5/1/2004 47,362.00 Dir for of Auditing Lane Lauderdale 10/1/2003 47,362.00 Ass Auditor Level I I I Fang Deng 5/17/1999 40,830.00 Ass Auditor Level II Brooke Jensen 7/29/2002 30,368.00 Ass Auditor Level I Megan Conkel 10/13/2003 28,184.00 Ass Auditor Level I Rosa Lozano 10/13/2003 28,184.00 Ass . Auditor Level I Brian Pratt 2127/2004 27,498.00 Acc nting Asst. Level III Amy Bates 6/11/1999 31,117.00 Acc nting Asst. Level II Beverly Murph 10/10/1994 27,498.00 t Acc nting Asst. - Part time Mark Garton 8/12/2004 12,459.00 $ 391,158.00 #ll AUTHORIZING THE ISSUANCE OF $5,000,000 "BRAZOS COUNTY, ,ATES OF OBLIGATION, SERIES 2004" AND OTHER MATTERS R1 W tAUREAS, the Commissioners Court of Brazos County, Texas (the "County") deems it advisable to issue the Certific s (defined herein) in the original aggregate principal amount of $5,000,000 for the purposes described in Section 3 o s Order; W EREAS, the Certificates hereinafter authorized and designated are to be issued and delivered for cash pursuant to a Subchapter C, Chapter 271, Texas Local Government Code, as amended (the "Act"), and the County is authorized Section 320.073, Texas Local Government Code, as amended, to secure obligations from certain revenues re ived by the County from its ownership and operation of the Center (defined herein). W EREAS, the Commissioners Court has heretofore, on August 3, 2004, passed an order authorizing and directing th County Clerk to give notice of intention to issue the Certificates, which notice has been duly published in The Bryan- liege Station Eagle, which is a newspaper of general circulation in the County, in its issues of August 4, 2004, and gust 11, 2004, the date of the first publication being at least 14 days prior to the tentative date stated in such notice r passage of this Order; WEREAS, the County has received no petition from the qualified voters of the County protesting the issuance of e Certificates; and WEREAS, it is considered to be in the best interest of the County that the Certificates be issued bearing the date, intere rates, denominations, and maturities as hereafter provided; N, THEREFORE, BE IT ORDERED BY THE COMMISSIONERS COURT OF BRAZOS COUNTY, TEXAS, T T: S( C ion 1. Authorization of the Certificates. There is hereby authorized to be issued and delivered, a series of certifica s of obligation of the County, to be known as "BRAZOS COUNTY, TEXAS CERTIFICATES OF OBLIGAT N, SERIES 2004" (the "Certificates"), in the original aggregate principal amount of $5,000,000 payable from ad va em taxes and a limited pledge of $1,000 from the revenues of the Center (as further described in Section 5(a) of this rder), for the purposes described in the Form of Certificates contained in Section 3 hereof. S ion 2. Date, Denominations, Numbers, and Maturities of Interest on the Certificates. The Certificate i hall be dated as of August 15, 2004 (the "Dated Date"), shall be in denominations of $5,000 each or any integral m 1 'ple thereof, shall be numbered I-1 for the Initial Certificate (defined herein) and consecutively from R-1 upward fo the definitive Certificates, and shall mature on September 1 in each of the years as provided in the following edule. The Certificates shall bear interest at the specified rates per annum from the Dated Date, such interest pa le semi-annually beginning March 1, 2005, and continuing on each September 1 and March 1 thereafter through th spective maturity, as shown below: (Remainder of page intentionally left blank) (0 pp Year of I 2007 2008 2009 2010 2011 2012 2013 2014 2015 shall be pa shall be sil Form of th Texas to bf Form of A omissions, shall apply Principal Interest Year of Principal Interest Amount Rate Maturity Amount Rate 2016 2017 2018 2019 2020 2021 2022 2023 2024 n 3. General Characteristics and Form of the Certificates. The Certificates (i) shall be issued; (ii) (iii) shall be redeemable prior to their scheduled maturities; (iv) shall have the characteristics; and (v) sealed, and executed, all as provided and in the manner indicated in the form set forth below. The rtificates, the Form of the Registration Certificate of the Comptroller of Public Accounts of the State of ited and manually endorsed on the Initial Certificate, the Form of the Authentication Certificate, and the anent, which shall be, respectively, substantially as follows, with necessary and appropriate variations, insertions as permitted or required by this Order, and the definitions contained within each such form lv to such form: FORM OF CERTIFICATES United States of America State of Texas BRAZOS COUNTY, TEXAS CERTIFICATE OF OBLIGATION, SERIES 2004 [FORM OF DEFINITIVE CERTIFICATES] NUMBER R- DENOMINATION REGISTERED DATED MATURITY DATE DATE CUSIP NO. August 15, 2004 REGI PRINCIP of Texas, Owner"), payment c the Princil the Interes the Dated provided 1 each Seot( OWNER: AMOUNT: DOLLARS ) kZOS COUNTY, TEXAS (the "County"), being a body corporate and a political subdivision of the State )mises to pay to the Registered Owner, specified above, or registered assigns (either, the "Registered the Maturity Date, specified above, upon presentation and surrender of this Certificate at the designated ;e of JPMORGAN CHASE BANK, Dallas, Texas, or its successor (the "Paying Agent/Registrar"), to wit: Amount, specified above, in lawful money of the United States of America, and to pay interest thereon at ate, specified above, calculated on the basis of a 360-day year of twelve 30-day months, from the later of ate, specified above, or the most recent interest payment date to which interest has been paid or duly Interest on this Certificate is payable semi-annually by check beginning March 1, 2005, and continuing ber 1 and March 1 thereafter through maturity, mailed to the Registered Owner of record as shown on the 2 VOL L G PAGE 106' books of re i tration kept by the Paying Agent/Registrar (the "Registration Books"), as of the Record Date (hereinafter defined), or ( such other manner as may be acceptable to the Registered Owner and the Paying Agent/Registrar. The record date r determining the person to whom interest is payable on any interest payment date (the "Record Date") is the 15th cal - dar day of the month preceding a scheduled payment. In the event of a non-payment of interest on a scheduled ent date, and for 30 days thereafter, a new Record Date for such payment (a "Special Record Date") will be esta shed by the Paying Agent/Registrar, if and when funds for the payment thereof have been received from the County. Notice of the Special Record Date and of the scheduled payment date of the past due payment (the "Special Pa' ent Date", which shall be 15 calendar days after the Special Record Date) shall be sent at least five business da prior to the Special Record Date by United States mail, first-class postage prepaid, to the address of the Registered er appearing on the Registration Books at the close of business on the last business day next preceding the date of ailing of such notice. The County covenants with the Registered Owner that no later than each principal installment ayment date and interest payment date for this Certificate it will make available to the Paying Agent/Regi r the amounts required to provide for the payment, in immediately available funds, of all principal of and interes n the Certificates, when due, in the manner set forth in the order authorizing the issuance of the Certificates opted by the Commissioners Court of the County on August 24, 2004 (the "Order"). T CERTIFICATE is one of a series of Certificates dated as of the Dated Date specified above of like designation. late, and tenor, except as to number, interest rate, denomination, and maturity, issued pursuant to the Order in t original aggregate principal amount of $5,000,000 for the purpose of providing for the payment of contractual ligations to be incurred in connection with the design, planning, acquisition, construction, equipping, expansion,; v d/or renovation of certain public property, specifically being the purchase of ten acres on State Highway 21 for a S iff Administration building, 2.5 acres on the corner of Anderson Street and George Bush Drive for Justice of t Peace, Precinct 3, right of way on State Highway 21 east to the county line, and realty, including any improveme s thereon, located in close proximity to the county courthouse to be used or (if necessary) provide the locale for ounty building; construction and equipment of a building for Justice of the Peace, Precinct 3; purchase and acquis' on of heavy equipment for construction and maintenance of County roads; acquisition and installation of chillers or the county courthouse; acquisition of technical equipment for courtrooms; improvements for Americans % ith Disability Act compliance for entrances to all county buildings; and construction of the following road impro ments: North Dowling Road, Dilly Shaw Tap Road, Westway, Lakewood Drive, Rabbit Lane, Koppe Bridge Ro Grassbur Road, Enloe Drive, Barnes Road, Wooddale Circle, Bethany, and Opersteny Lane; and the payment o ontractual obligations for professional services in connection with such projects (including, but not limited to, ancial advisory, legal, architectural, and engineering); and the payment of contractual obligations for profession services in connection with such projects (including, but not limited to, financial advisory, legal, architectur and engineering), and paying costs of issuance of the Certificates. RlItERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS CERTIFICATE SET FORTH O HE REVERSE HEREOF, WHICH PROVISIONS SHALL HAVE THE SAME FORCE AND EFFECT AS IF SET ORTH IN THIS SPACE. ITNESS WHEREOF, this Certificate has been signed with the manual or facsimile signature of the County Judge of the County and countersigned with the manual or facsimile signature of the County Clerk of the County, and official seal of the County has been duly impressed, or placed in facsimile, on this Certificate. x XXXXxXXxXXXXxXXXXxXXXxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx County C1 County Judge (Back Panel of Certificates if printed) T CERTIFICATES are issued pursuant to the Order, whereunder the Commissioners Court of the County covenants levy a continuing, direct, annual ad valorem tax on taxable property within the County, within the limits Vol prescribed law, for each year while any part of the Certificates are considered outstanding under the provisions of the Order, i sufficient amount to pay interest on each Certificate as it becomes due, to provide a sinking fund for the payment of a principal of the Certificates when due, and to pay the expenses of assessing and collecting such tax, and this Certifi e is additionally secured by and payable from a limited pledge of $1,000 of the revenues of the County's convention d meeting facility known as the Brazos Center (the "Center"). Reference is hereby made to the Order for provisions th respect to the custody and application of the County's funds, remedies in the event of a default here- under or th under, and the other rights of the Registered Owner. By acceptance of this Certificate, the Registered Owner con! it is to all of the provisions of the Order, a certified copy of which is on file in the office of the County Clerk. TI [ COUNTY RESERVES THE RIGHT to redeem the Certificates maturing on or after September 1, 2015, in whole or part, on September 1, 2014 or on any date thereafter. Such optional redemption shall be at a redemption price of pa lus accrued interest on the principal amounts called for redemption to the date fixed for redemption. If less than al f the Certificates are to be redeemed, the particular Certificates to be redeemed shall be selected by the County in tegral multiples of $5,000 within any one maturity. At least 45 days prior to the date fixed for any redemption f Certificates or portions thereof prior to maturity, a written notice of such redemption shall be given by the County to the Paying Agent/Registrar, and the Paying Agent/Registrar shall send a copy of such notice at least 30 days prior the date fixed for redemption by United States mail, first-class postage prepaid, addressed to the Registered wner of each Certificate to be redeemed in whole or part at the address shown on the Registration Books; pro, i led, however, that the failure to send, mail, or receive such notice, or any defect therein or in the sending or mailing reof, shall not affect the validity or effectiveness of the proceedings for the redemption of any Certificate. When Certi ates or portions thereof have been called for redemption, and due provision has been made to redeem the same, the ncipal amounts so redeemed shall be payable solely from the funds provided for redemption, interest which wou otherwise accrue on the amounts called for redemption shall terminate on the date fixed for redemption, and redee Certificates shall no longer be regarded as outstanding except for the right of the Registered Owner or Registered wners thereof to receive the redemption price from the Paying Agent/Registrar out of the funds provided for such va ent. TI I S CERTIFICATE IS TRANSFERABLE OR EXCHANGEABLE only upon presentation and surrender at the design d payment office of the Paying Agent/Registrar. If this Certificate is being transferred, it shall be duly endorsed f transfer or accompanied by an assignment duly executed by the Registered Owner, or his authorized representat , subject to the terms and conditions of the Order. If this Certificate is being exchanged, it shall be in the principal a unt of $5,000 or any integral multiple thereof, subject to the terms and conditions of the Order. The Paying Ag it/Registrar is not required to accept any Certificate for transfer or exchange (i) during any period beginning t the opening of business 15 days before the day of the fast mailing of a notice of redemption of Certificates and ending in the close of business on the day of such mailing or (ii) 15 days prior to the date fixed for redemption of such Certi ate; provided, however, such limitation of transfer shall not be applicable to an exchange by the Registered Owner of e unredeemed balance of a Certificate called for redemption in part. The Registered Owner of this Certificate tall be deemed and treated by the County and the Paying Agent/Registrar as the absolute owner hereof for all purpose including payment and discharge of liability upon this Certificate to the extent of such payment, and the County an he Paying Agent/Registrar shall not be affected by any notice to the contrary. THE EVENT any Paying Agent/Registrar for the Certificates is changed by the County, resigns, or otherwise ses to act as such, the County has covenanted in the Order that it promptly will appoint a competent and legally qua ' red substitute therefor and cause written notice thereof to be mailed to the Registered Owners. ASE any officer of the County whose manual or facsimile signature shall appear on any Certificate shall cease to such officer before the delivery of any such Certificate, such manual or facsimile signature shall neverthele & be valid and sufficient for all purposes as if such officer had remained in office until such delivery. Any Certificate % hich bears the facsimile signature of such person who at the actual time of the delivery of such Certificate shall be an i officer authorized to sign such Certificate, but who at the date of such Certificate was not such an officer, shall be v 1 dly and sufficiently signed for all purposes as if such person had been such officer at the date of such VOL V) PAGE 10~ Certificate. e County authorizes the printing of a true and correct copy of an opinion of Winstead Sechrest & Minick P.C. relating to the validity and enforceability of the Certificates under Texas law and the status of interest on the Certificates der federal income tax laws on the reverse side of each of the Certificates over a certificate of identificatio executed by the facsimile signature of the County Clerk, and also authorizes the imprinting of CUSIP (the American linkers Association's Committee on Uniform Securities Identification Procedures) numbers on the Certificates; rovided, however, that the failure of such opinion, certificate, or CUSIP numbers to appear on any Certificate, any errors therein, or in any part of the Certificate, the form of which is not included in the Order, shall in no way affe the validity or enforceability of the Certificates or relieve the Initial Purchasers of the Certificates of their obligation t ccept delivery of and pay for the Certificates. IT HEREBY CERTIFIED, COVENANTED, AND REPRESENTED that all acts, conditions, and things necessary t e done precedent to the issuance of the Certificates in order to render the same legal, valid, and binding obligations the County have happened and have been accomplished and performed in regular and due time, form, and manner is required by law; that provision has been made for the payment of the principal of and interest on the Certificates the levy of a continuing, direct, annual ad valorem tax upon all taxable property within the County, within the 1 t prescribed by law, and from the above-described limited pledge of $1,000 from the surplus revenues received by e County from its ownership and operation of the Center; and that issuance of the Certificates does not exceed any nstitutional or statutory limitation. B) 1 ECOMING the Registered Owner of this Certificate, the Registered Owner thereby acknowledges all of the terms a provisions of the Order, agrees to be bound by such terms and provisions, and agrees that the terms and provisions this Certificate and the Order constitute a contract between each Registered Owner and the County. FORM OF INITIAL CERTIFICATE NO. I-1 $5,000,000 United States of America State of Texas BRAZOS COUNTY, TEXAS CERTIFICATE OF OBLIGATION, SERIES 2004 Dated Dater, AUGUST 15, 2004 Registered Principal A14ount: FIVE MILLION DOLLARS ($5,000,000) BI L OS COUNTY, TEXAS (the "County"), for value received, acknowledges itself indebted to and hereby promises t ay to the order of the Registered Owner, specified above, or the registered assigns thereof, the Principal Amount, s ified above, with principal installments payable on September 1 in each of the years, and bearing interest at per annu rates in accordance with the following schedule: OF PRINCIPAL INTEREST URITIES INSTALLMENTS RATES (Information to be inserted from schedule appearing in Section 2 of the Order.) VOL (0 RA,"g i O C~ IN EREST on the unpaid Principal Amount hereof from the Dated Date, as specified above, or from the most recent inter t payment date to which interest has been paid or duly provided for until the Principal Amount has become du nd payment thereof has been made or duly provided for shall be paid, computed on the basis of a 360-day year of twe 1, a 30-day months, such interest being payable on March 1 and September 1 of each year, commencing March 1, 2 5. PRINCIPAL OF AND INTEREST ON this Certificate are payable in lawful money of the United States of America 'thout exchange or collection charges. The final payment of principal of this Certificate shall be paid to the Registe d Owner hereof upon presentation and surrender of this Certificate at final maturity, at the designated payment Ice of JPMORGAN CHASE BANK, Dallas, Texas, or its successors, which is the "Paying Agent/Regi ar" for this Certificate. The payment of principal installments and interest on this Certificate shall be made by th Paying Agent/Registrar to the Registered Owner hereof as shown on the books of registration kept by the Paying Age egistrar (the "Registration Books") at the close of business on the Record Date (hereinafter defined) by check draw by the Paying Agent/Registrar on, and payable solely from, funds of the County required to be on deposit with the Pa ng Agent/Registrar for such purpose as hereinafter provided; and such check shall be sent by the Paying Agent/Regi ar by United States mail, postage prepaid, on each such payment date, to the Registered Owner hereof at its address it appears on the Registration Books, as hereinafter described. The record date for determining to whom interest is yable on any interest payment date (the "Record Date") means the 15th calendar day of the month preceding cheduled payment. In the event of a non-payment of irterest on a scheduled payment date, and for 30 days there r, a new Record Date for such payment (a "Special Record Date") will be established by the Paying Agent/Regi ar, if and when funds for the payment thereof have been received from the County. Notice of the Special Record Da and of the scheduled payment date of the past due payment (the "Special Payment Date", which shall be 15 calendar (lays after the Special Record Date) shall be sent at least five business days prior to the Special Record Date by United tes mail, first-class postage prepaid, to the address of the Registered Owner appearing on the Registration Books at t j close of business on the last business day next preceding the date of mailing of such notice. The County covenants th the Registered Owner that no later than each principal installment payment date and interest payment date for thi Certificate it will make available to the Paying Agent/Registrar the amounts required to provide for the payment, i ediately available funds, of all principal of and interest on the Certificates, when due, in the manner set forth in the rder authorizing the issuance of the Certificates adopted by the Commissioners Court of the County on August 24, 04 (the "Order"). FORM OF AUTHENTICATION CERTIFICATE AUTHENTICATION CERTIFICATE TI i Certificate of Obligation is one of the Certificates described in and delivered pursuant to the within- mentioned rder, and this Certificate has been issued in conversion of and exchange for, or replacement of, a Certificate, ertificates, or a portion of a Certificate or Certificates of an issue which was originally approved by the Attorney eral of the State of Texas and registered by the Comptroller of Public Accounts of the State of Texas. JPMORGAN CHASE BANK Dallas, Texas Paying Agent/Registrar Registratio Date: By 11 Authorized Signature VOL (yD PAGE I FORM OF ASSIGNMENT ASSIGNMENT (Please insert Identification the within within Cei premises. Dated: Signature I Z VALUE RECEIVED, the undersigned hereby sells, assigns, and transfers unto ial Security or Taxpayer nber of Transferee) i (Please print or typewrite name and address, including zip code, of Transferee) ate of Obligation and all rights thereunder, and hereby irrevocably constitutes and appoints attorney to register the transfer of the of Obligation on the books kept for registration thereof, with full power of substitution in the NOTICE: gnature(s) must be guaranteed by a member firm of th ew York Stock Exchange or a commercial bank or ttu company. NOTICE: The signature above must correspond with the name of the Registered Owner as it appears upon the front of this Certificate of Obligation in every particular, without alteration or enlargement or any change whatsoever. following abbreviations, when used in the Assignment above or on the face of the within Certificate of all be construed as though they were written out in full according to applicable laws or regulations: COM - as tenants in common ENT - as tenants by the entireties EN - as joint tenants with right of survivorship and not as tenants in common GIFT MIN ACT - Custodian (Cult) Uniform Gifts to Minors Act (Minor) (State) itional breviations may also be used though not in the list above. *Attach to or print on Initial Certificate only COMPTR LER'S REGISTRATION CERTIFICATE: REGISTER NO. I EREBY CERTIFY THAT there is on file and of record in my office a certificate to the effect that the Attorney neral of the State of Texas has examined and fords that this Certificate of Obligation has been issued in conformi ith the Constitution and laws of the State of Texas and is a valid and binding obligation of Brazos County, Texas, an er that this Certificate of Obligation has been registered this day by me. 7 ii ry~ppyy~ ESS my signature and seal of office this 'S SEAL) Comptroller of Public Accounts of the State of Texas [END OF FORMS] Se ion 4. Definitions. In addition to other words and terms defined in this Order (except those defined and used in Se on 3), and unless a different meaning or intent clearly appears in the context, the following words and terms shall ve the following meanings, respectively: " itional Obligations" means such other bonds, certificates, or other evidences of indebtedness as may hereafter b ! authorized, payable from, and equally secured by a pledge of the County's taxes and/or the revenues generated the County's ownership and operation of the Center to the same extent as pledged for and in all things on a parity wi the lien securing the Certificates. -A Jorney General" means the Attorney General of the State. "~d Counsel" means Winstead Sechrest & Minick P.C., or such other nationally recognized bond counsel selected b e County to serve in such capacity. means the County's convention and meeting facility known as the Brazos Center. ificate" or "Certificates" means any or all of the Certificates, as the case may be, of that series styled "Brazos C nty, Texas Certificates of Obligation, Series 2004", issued in the original aggregate principal amount of $5,000,00 uthorized by this Order. means the Internal Revenue Code of 1986, as amended. body. issioners Court" means the Commissioners Court of the County, being its duly authorized governing means the Comptroller of Public Accounts of the State. successor means Brazos County, Texas, a body corporate and a political subdivision of the State, or any Clerk" means the County Clerk of the County. Judge" means the County Judge of the County. means the Depository Trust Company, New York, New York, and its successors and assigns. " vernment Obligations" means (i) direct noncallable obligations of the United States, including obligations that are u onditionally guaranteed by the United States of America; (ii) noncallable obligations of an agency or instrument ity of the United States, including obligations that are unconditionally guaranteed or insured by the agency or instru tality and that, on the date the Commissioners Court adopts or approves the proceedings authorizing the issuance o refunding bonds, are rated as to investment quality by a nationally recognized investment rating firm not less than ' AA" or its equivalent; or (iii) noncallable obligations of a state or an agency or a county, municipality, or other polit t al subdivision of a state that have been refunded and that, on the date the Commissioners Court adopts or 8 ~I VOL 100 PAGE approves throceedings authorizing the issuance of refunding bonds, are rated as to investment quality by a nationally recognized ' estment rating firm not less than "AAA" or its equivalent. Certificate" means the Certificate registered by the Comptroller as described in Section 10 hereof. "I 1 Purchasers" means "In rest Payment Date" means, when used in connection with any Certificate, March 1, 2005, and each September nd March 1 thereafter until maturity or earlier redemption of such Certificate. "O ctal Statement" means the disclosure document dated as of August 24, 2004, along with any supplement or amendm thereto, distributed by the County in connection with the offering and sale of the certificates. "O r" means this "Order Authorizing the Issuance of $5,000,000 `Brazos County, Texas Certificates Of Obligation, ries 2004' and Other Matters Related Thereto" adopted by the Commissioners Court on August 24, 2004. "P ng Agent/Registrar" means JPMorgan Chase Bank, Dallas, Texas, and such other bank or trust company as may he fter be appointed in substitution therefor or in addition thereto to perform the duties of Paying Agent/Regi r in accordance with the provisions of this Order. Date. g Agent/Registrar Agreement" means the agreement dated as of August 15, 2004, between the Paying r and the County substantially in the form of Exhibit A attached hereto, which relates to the registration, and transfer of the Certificates. Date" means the date for determining the person to whom interest is payable on any Interest Payment Owner" or "Registered Owners" means any person who shall be the registered owner of any tes, or the assigns thereof. "R istration Books" means the books of registration kept by the Paying Agent/Registrar in which are maintained a names and addresses of, and the principal amounts registered to, each Registered Owner. means the State of Texas. S lion 5. County Funds. The County hereby confirms the establishment of the following funds of the County at a epository of the County: (a) Interest and Sinking Fund Tax Lev and Pledge of Revenues. The "Brazos County, Texas Certificates of Obligationj ies 2004 Interest and Sinking Fund" (the "Interest and Sinking Fund") is hereby created and shall be established maintained by the County at an official depository bank of the County. The Interest and Sinking Fund shall be ke parate and apart from all other funds and accounts of the County and shall be used only for paying the interest on principal of the Certificates. The accrued interest and any premium received upon the initial delivery of the Certifi, and the net proceeds of all ad valorem taxes levied and collected for and on account of the Certificates, shall be de ed, as collected, to the credit of the Interest and Sinking Fund. D g each year while any of the Certificates or interest thereon are outstanding and unpaid, the Commissi rs Court shall compute and ascertain a rate and amount of ad valorem tax which will be sufficient to raise and produ the money required to pay the interest on the Certificates as such interest comes due and to provide and maintain a nking fund adequate to pay the principal thereof as such principal matures (but never less than 2% of the original p ipal amount of the Certificates as a sinking fund each year); and the tax shall be based on the County's iL 60 latest appro d tax rolls, with full allowances being made for tax delinquencies and the cost of tax collection. The rate and amount If ad valorem tax is hereby levied, and is hereby ordered to be levied, against all taxable property in the County for ch year while any of the Certificates or interest thereon are outstanding and unpaid, and the tax shall be assessed an collected each year and deposited to the credit of the Interest and Sinking Fund. The ad valorem taxes sufficient to,i rovide for the payment of the interest on and principal of the Certificates, as such interest comes due and such princi matures, are hereby pledged irrevocably for such payment, within the limit prescribed by law. Th ertificates additionally shall be payable from and secured by a subordinate lien on and pledge of $1,000 of the reve es generated from the County's ownership and operation of the Center, such revenues permitted to be pledged by ction 320.073, Texas Local Government Code, as amended. Notwithstanding the requirements of this Section, if y revenues of the Center are actually on deposit in the Interest and Sinking Fund in advance of the time when ad va' rem taxes are scheduled to be levied for any year, then the amount of taxes which otherwise would have been requir to be levied pursuant to this Section maybe reduced to the extent and by the amount of such revenues then on dep , it in the Interest and Sinking Fund or budgeted for deposit therein. The County shall deposit such limited pledge of $ 00 of the revenues of the Center to the credit of the Interest and Sinking Fund. Th ounty reserves the right to issue, for any lawful purpose at any time, in one or more installments, bonds, certificates obligation, and other obligations of any kind payable in whole or in part from, and secured by a pledge of the Center' revenues that may be prior and superior in right to, on a parity with, or junior and subordinate to the $1,000 limi d pledge of the such revenues additionally securing the Certificates. (b) Construction Fund. The "Brazos County, Texas Certificates of Obligation, Series 2004 Construction Fund" (the ` onstruction Fund") is hereby created and shall be established and maintained by the County at an official depository ink of the County. The Construction Fund is the fund into which the net proceeds of the Certificates shall be deposit except that any premium received from the Initial Purchasers shall be deposited to the Interest and Sinking Fu . Money in the Construction Fund shall be used to pay the costs necessary or appropriate to accomplish the ourvos for which the Certificates are issued. Se 'on 6. Investments and Security. (a) Investment of Funds. The County may place money in any fund created by is Order in time or demand deposits or invest such money as authorized by law at the time of such deposit; provided, ever, that the County hereby covenants that the proceeds of the sale of the Certificates will be used as soon as pr, icable for the purposes for which the Certificates are issued. Obligations purchased as an investment of money in a Rind shall be deemed to be a part of such fund. ( Amounts Received from Investments. Except as otherwise provided by law, amounts received from the investment If the Construction Fund may be retained in such fund or deposited to the Interest and Sinking Fund as determine y the Commissioners Court. Any amounts received from the investment of the Interest and Sinking Fund shall be de sited in the Interest and Sinking Fund. (c ecuri for Funds. All funds created by this Order shall be secured in the manner and to the fullest extent required b law for the security of funds of the County. Remaining Funds. Any money remaining after the purposes for which the Certificates have been s shall be deposited in the Interest and Sinking Fund and the Construction Fund shall then be closed. 7. Covenants of the County. (a) General Covenants. The County covenants and represents that: (i) The County is a duly created county, operating and existing under the laws of the State, and is duly orized under the laws of the State to create and issue the Certificates, all action on its part for the creation issuance of the Certificates has been duly and effectively taken, and the Certificates in the hands of the istered Owners thereof are and will be valid and enforceable obligations of the County in accordance with - terms; and 10 VOL 190 PAGE 114 (ii) The Certificates shall be ratably secured in such manner that no one Certificate shall have preference ov other Certificates. (b Specific Covenants. The County covenants and represents that, while the Certificates are outstanding and unpaid will: 11 (i) proceed to acquire and construct with all due diligence and dispatch so much of the projects as sh 1 have been financed with the proceeds of the Certificates; (ii) levy an ad valorem tax, within the limits prescribed by law, that will be sufficient to provide funds to y the current interest on the Certificates and to provide the necessary sinking fund, as described in this (iii) have or obtain lawful title to the lands, buildings, structures, and facilities constituting the Center; defend the title to all the aforesaid lands, buildings, structures, and facilities, and every part thereof, for benefit of the Registered Owners and Additional Obligations, against the claims and demands of all ons whomsoever; is lawfully qualified to pledge the revenues generated by the County's ownership and ration of the Center to the payment of the Certificates and Additional Obligations in the manner cribed herein; and has lawfully exercised such rights; (iii) from time to time and before the same become delinquent, pay and discharge all taxes, ;ssments, and governmental charges, if any, which shall be lawfully imposed upon the Center; pay all ful claims for rents, royalties, labor, materials, and supplies which if unpaid might by law become a lien harge thereon, the lien of which would be prior to or interfere with the liens hereof, so that the priority he liens granted hereunder shall be fully preserved in the manner provided herein, and not create or er to be created any mechanic's, laborer's, materialman's, or other lien or charge which might or could )rior to the liens hereof, or do or suffer any matter or thing whereby the liens hereof might or could be aired; provided, however, that no such tax, assessment, or charge, and that no such claims which might tsed as the basis of a mechanic's, laborer's, materialman's, or other lien or charge, shall be required to )aid so long as the validity of the same shall be contested in good faith by the County; (iv) will continuously and efficiently operate the Center, pay its costs of operation, and maintain the iter in good condition, repair, and working order, all at reasonable cost; (v) will not additionally encumber the Center's revenues in any manner, except as permitted by any er in connection with outstanding County obligations or Additional Obligations which may be issued by County; (vi) will not sell, convey, mortgage, encumber, or in any manner transfer title to, or otherwise dispose he Center, or any significant or substantial part thereof; provided, however, that whenever the County ms it necessary to dispose of any property, machinery, fixtures, or equipment, it may sell or otherwise pose of such property, machinery, fixtures, or equipment when it has made arrangements to replace the -►e or provide substitutes therefor, unless it is determined by order or resolution of the Commissioners art that no such replacement or substitute is necessary; (vii) keep proper books of record and accounts in which full, true, and correct entries will be made of dealings, activities, and transactions relating to the funds created pursuant to this Order, and all books, ;uments, and vouchers relating thereto shall at all reasonable times be made available for inspection )n request from any Registered Owner; (viii) will comply with all of the terms and conditions of any and all franchises, permits, and horizations applicable to or necessary with respect to the Center, and which have been obtained from governmental agency; and it has or will obtain and keep in full force and effect all franchises, permits, 11 and other requirements applicable to or necessary with respect to the acquisition, equipment, operation, and maintenance of the Center; and (ix) will not grant any franchise or permit for the acquisition, construction, or operation of any peting facilities which might be used as a substitute for the Center. (c ovenants Regarding Tax Matters. The County covenants to take any action to maintain, or refrain from any action ich would adversely affect, the treatment of the Certificates as obligations described in section 103 of the rest on which is not includable in "gross income" for federal income tax purposes. In furtherance thereof, Code, the i the County ecificallv covenants as follows: if: (i) to refrain from taking any action which would result in the Certificates being treated as "private ivi onds" within the meaning of section 141(a) of the Code; (ii) to take any action to assure that no more than 10% of the proceeds of the Certificates or the projects financ therewith are used for any "private business use", as defined in section 141(b)(6) of the Code or, if more than 1 o of the proceeds or the projects financed therewith are so used, that amounts, whether or not received by the C my with respect to such private business use, do not under the terms of this Order or any underlying arranent, directly or indirectly, secure or provide for the payment of more than 10% of the debt service on the Certi tes, in contravention of section 141(b)(2) of the Code; (iii) to take any action to assure that in the event that the "private business use" described in paragraph (ii) hereof xceeds 5% of the proceeds of the Certificates or the projects financed therewith, then the amount in excess of 5%1 used for a "private business use" which is "related" and not "disproportionate", within the meaning of sectio 41(b)(3) of the Code, to the governmental use; (iv) to take any action to assure that no amount which is greater than the lesser of $5,000,000 or 5% of the of the Certificates is directly or indirectly used to finance loans to persons, other than state or local ental units, in contravention of section 141(c) of the Code; (v) to refrain from taking any action which would result in the Certificates being "federally guaranteed" e meaning of section 149(b) of the Code; (vi) except to the extent permitted by section 148 of the Code and the regulations and rulings thereunder, to re in from using any portion of the proceeds of the Certificates, directly or indirectly, to acquire or to replace funds hich were used, directly or indirectly, to acquire investment property (as defined in section 148(b)(2) of the Code hich produces a materially higher yield over the term of the Certificates; (vii) to otherwise restrict the use of the proceeds of the Certificates or amounts treated as proceeds of the Certi ates, as may be necessary, so that the Certificates do not otherwise contravene the requirements of section 148o e Code (relating to arbitrage) and, to the extent applicable, section 149(d) of the Code (relating to advance j (viii) except to the extent otherwise provided in section 148(f) of the Code and the regulations and rulings there der, to pay to the United States of America at least once during each five year period (beginning on the date of de very of the Certificates) an amount that is at least equal to 90% of the "Excess Earnings", within the mean g of section 148(f) of the Code, and to pay to the United States of America, not later than 60 days after the Certi ates have been paid in full, 100% of the amount then required to be paid as a result of Excess Earnings unde ection 148(f) of the Code; 12 'VOL 60 PAGE I I U (ix) to maintain such records as will enable the County to fulfill its responsibilities under this subsection and se ns 141 and 148 of the Code and to retain such records for at least six years following the final payment of grin i al and interest on the Certificates; and (x) to comply with the information reporting requirements of section 149(e) of the Code. For the pses of the foregoing, in the case of a refunding obligation, the term "proceeds" includes transferred proceeds a for purposes of paragraphs (ii) and (iii), proceeds of the refunded obligations. covenants contained herein are intended to assure compliance with the Code and any regulations or rulings pro lgated by the U.S. Department of Treasury pursuant thereto. In the event that regulations or rulings are hereafter p ulgated which modify or expand provisions of the Code, as applicable to the Certificates, the County will not be uired to comply with any covenant contained herein to the extent that such modification or expansion, in the opinion ' nationally-recognized bond counsel, will not adversely affect the exclusion from gross income of interest on the Certcates under section 103 of the Code. In the event that regulations or rulings are hereafter promulgated which imp additional requirements which are applicable to the Certificates, the County agrees to comply with the additional r uirements to the extent necessary, in the opinion of nationally-recognized bond counsel, to preserve the exclusion gross income of interest on the Certificates under section 103 of the Code. Pr er officers of the County charged with the responsibility of issuing the Certificates are hereby authorized and directe to execute any documents, certificates, or reports required by the Code and to make such elections, on behalf of t County, which may be permitted by the Code as are consistent with the purpose for the issuance of the N ithstanding any other provision in this Order, to the extent necessary to preserve the exclusion from gross inco of interest on the Certificates under section 103 of the Code, the covenants contained in this subsection shall survi the later of the defeasance or discharge of the Certificates. (d ovenants Regarding Sale Lease or Disposition of Financed Pro e . The County covenants that it will regulate thse of the property financed, directly or indirectly, with the proceeds of the Certificates and will not sell, lease, or o rwise dispose of such property unless (i) the County takes the remedial measures as may be required by the Code a the regulations and rulings thereunder in order to preserve the exclusion from gross income of interest on the Certifi es under section 103 of the Code or (ii) the County seeks the advice of nationally-recognized bond counsel with respe o such sale, lease, or other disposition. S tion 8. Designation as Oualified Tax-Exempt Obligations. The County hereby designates the Certificate as "qualified tax-exempt obligations" as defined in section 265(b)(3) of the Code. In furtherance of such desi ration, the County represents, covenants, and warrants the following: (a) during the calendar year in which the Certificates are issued, the County (including any subordinate entities) has not designated, nor will designate, bligations which, when aggregated with the Certificates, will result in more than $10,000,000 of "qualified x-exempt obligations" being issued; (b) the County reasonably anticipates that the amount of tax- exempt ob' ations issued during the 2004 calendar year by the County (including any subordinate entities) will not exceed $1 00,000; and (c) the County will take such action which would assure, or to refrain from such action which wo I adversely affect, the treatment of the Certificates as "qualified tax-exempt obligations". S tion 9. Paving Agent/Registrar. The Paying Agent/Registrar is hereby appointed as paying agent and registrar f the Certificates and the County is hereby authorized to enter into any type of agreement necessary for the Paying A t/Registrar to perform its duties hereunder. The principal of the Certificates shall be payable, without exchange collection charges, in any coin or currency of the United States of America, which, on the date of payment, is legal to r for the payment of debts due the United States of America, upon their presentation and surrender as they respective become due and payable, whether at maturity or by prior redemption, at the designated payment office of the Payin gent/Registrar. The interest on each Certificate shall be payable by check payable on the Interest Payment 13 ,G ~0_ r~ Date maile y the Paying Agent/Registrar on or before each Interest Payment Date to the Registered Owner of record as of the R ly rd Date, to the address of such Registered Owner as shown on the Registration Books, or in such other manner as be acceptable to the Registered Owner and the Paying Agent/Registrar. County, the Paying Agent/Registrar, and any other person may treat the person in whose name any Certificate registered as the absolute Registered Owner of such Certificate for the purpose of making and receiving payment o he principal thereof and for the further purpose of making and receiving payment of the interest thereon and for al other purposes, whether or not such Certificate is overdue, and neither the County nor the Paying Agent/Reg ar shall be bound by any notice or knowledge to the contrary. All payments made to the person deemed to be the gistered Owner of any Certificate in accordance with this Order shall be valid and effectual and shall discharge liability of the County and the Paying Agent/Registrar upon such Certificate to the extent of the sums paid. S4 i lar ng as any Certificates remain outstanding, the Paying Agent/Registrar shall keep the Registration Books at its desig ed corporate trust office in which, subject to such reasonable regulations as it may prescribe, the Paying Agent/Reg shall provide for the registration and transfer of Certificates in accordance with the terms of this Order. County may at any time and from time to time appoint another Paying Agent/Registrar in substitution for the previo Paying Agent/Registrar; provided, however, that any such Paying Agent/Registrar shall be a corporation organized ~ ii d doing business under the laws of the United States of America or any state thereof, authorized under such laws exercise trust powers, subject to supervision or examination by federal or state authority, and a transfer agent regis red with the United States Securities and Exchange Commission (the "SEC"). In such event, the County shall give tice by certified mail to each Registered Owner at least 30 days prior to the effective date of such substitutio ! Any bank or trust company with or into which any Paying Agent/Registrar may be merged or consolidat or to which the assets and business of Paying Agent/Registrar may be sold or otherwise transferred, shall be deemed t e successor of such Paying Agent/Registrar for the purposes of this Order. County Judge and the County Clerk, respectively, are hereby authorized to enter into, execute, and deliver the Paying gent/Registrar Agreement with the initial Paying Agent/Registrar in substantially the form attached hereto as Exhibit S tion 10.Initial Purchaser's Certificates; Exchange or Transfer of Certificates. Initially, one Certificate he "Initial Certificate"), numbered I-1 as described in Section 3 of this Order and representing the entire principal a „ ount of the Certificates, shall be registered in the name of the Initial Purchaser and shall be executed and submitted the Attorney General for approval, and thereupon certified by the Comptroller or his duly authorized agent, by nual signature, and the Initial Certificate shall be effective and valid without the Authentication Certificate being sign by the Paying Agent/Registrar. At any time thereafter, the Registered Owner may deliver the Initial Certificate the Paying Agent/Registrar for exchange, accompanied by instructions from the Registered Owner or designee ignating the persons, maturities, and principal amounts to and in which the Initial Certificate is to be transferre ! nd the addresses of such persons, and the Paying Agent/Registrar shall thereupon, within not more than three days gister and deliver such Certificates upon authorization of the County as provided in such instructions. h Certificate shall be transferable only upon the presentation and surrender thereof at the designated payment ice of the Paying Agent/Registrar, duly endorsed for transfer, or accompanied by an assignment duly executed the Registered Owner or his authorized representative in form satisfactory to the Paying Agent/Registrar. Upon pres tation of any Certificate for transfer, the Paying Agent/Registrar shall authenticate and deliver in exchange therefor, t he extent possible and under reasonable circumstances within three business days after such presentation, a new Certil ii ate or Certificates, registered in the name of the transferee or transferees, in authorized denominations and of the sari maturity and aggregate principal amount and bearing interest at the same rate as the Certificate or Certificate j o presented. 14 VOL Y) PAGE Al ertificates shall be exchangeable upon presentation and surrender thereof at the designated payment office of the aying Agent/Registrar for a Certificate or Certificates of the same maturity and interest rate and in any authorized nomination, in an aggregate principal amount equal to the unpaid principal amount of the Certificate or Certificates esented for exchange. The Paying Agent/Registrar shall be and is hereby authorized to authenticate and deliver exc ge Certificates in accordance with this Order and each Certificate so delivered shall be entitled to the benefits an ecurity of this Order to the same extent as the Certificate or Certificates in lieu of which such Certificate is deliveredl ',I County or the Paying Agent/Registrar may require the Registered Owner of any Certificate to pay a sum sufficient % 'cover any tax or other governmental charge that may be imposed in connection with the transfer or I I exchange o uch Certificate. Any fee or charge of the Paying Agent/Registrar for such transfer or exchange shall be paid by the unty. N i her the County nor the Paying Agent/Registrar shall be required (i) to issue, transfer, or exchange any Certificate ring any period beginning at the opening of business 15 days before the day of the first mailing of a notice of redempt c, n of Certificates and ending on the close of business on the day of such mailing or (ii) to transfer or exchange a 1, 1 Certificate so selected for redemption in whole or in part when such redemption is scheduled to occur within 15 c ndar days. S ion 11. Book-Entry Only System. (a) The definitive Certificates shall be initially issued in the name of Cede & as nominee of DTC, as Registered Owner of the Certificates, and held in custody of DTC. A single certificate 11 be issued and delivered to DTC for each maturity of the Certificates. Beneficial owners of definitive Certificates! ill not receive physical delivery of Certificates except as provided hereinafter. For so long as DTC shall conti a to serve as securities depository for the Certificates as provided herein, all transfers of beneficial ownership terest will be made by book-entry only, and no investor or other person purchasing, selling, or otherwise nsferring beneficial ownership of Certificates is to receive, hold, or deliver any Certificates. No person shall acqui or hold any beneficial interest in any Certificate representing a portion of the principal amount of such Certificate hich is other than $5,000 or an integral multiple thereof. (b 1 Replacement definitive Certificates may be issued directly to beneficial owners of Certificates other than DTC,r its nominee, but only in the event that (i) DTC determines not to continue to act as securities depository r the Certificates (which determination shall become effective no less than 90 days after written notice to such a ct to the County and the Paying Agent/Registrar); or (ii) the County has advised DTC of its determinat (which determination is conclusive as to DTC and beneficial owners of the Certificates) that DTC is incapable discharging its duties as securities depository for the Certificates; or (iii) the County has determined (which det ination is conclusive as to DTC and the beneficial owners of the Certificates) that the interests of the beneficial vvners of the Certificates might be adversely affected if such book-entry only system of transfer is continued. Upon occurrence of any event described in (i) or (ii) above, the County shall use its best efforts to attempt to cate another qualified securities depository. If the County fails to locate another qualified securities depository replace DTC, the County shall cause to be executed, authenticated, and delivered replacement Certificates, in certificate form, to the DTC participants having an interest in the Certificates as shown on the records of TC provided by DTC to the County. In the event that the County makes the determination described in (iii) above d has made provisions to notify the beneficial owners of Certificates of such determination by mailing an approp i to notice to DTC, it shall cause to be issued replacement Certificates in certificate form to the DTC participant' having an interest in the Certificates as shown on the records of DTC provided by DTC to the County. The Coun undertakes no obligation to make any investigation to determine the occurrence of any events that would pe t the County to make any determination described in (ii) or (iii) above. 15 v,oi (~o ~ F I 1 ri O' Whenever, during the term of the Certificates, the beneficial ownership thereof is determined by a book entry at D , the requirements in this Order of holding, delivering, or transferring Certificates shall be deemed modified t equire the appropriate person or entity to meet the requirement of DTC as to registering or transferring the book e y to produce the same effect. If at any time DTC ceases to hold the Certificates, all references herein to DTC shall be of no further force or of t. tion 12. County Officers' Duties. (a) Issuance of Certificates. The County Judge shall submit the Initial Certificate,', a record of the proceedings authorizing the issuance of the Certificates, and any and all other necessary orders, ce ►cates, and records to the Attorney General for his investigation. After obtaining the approval of the Attorney eral, the County Judge shall cause the Initial Certificate to be registered by the Comptroller. The officers or acting tcers of the County are authorized to execute and deliver on behalf of the County such certificates and instrument s may be necessary or appropriate prior to delivery of and payment for the Certificates to and by the Initial Purchasers ( ~ Execution of Order. The County Judge and the County Clerk, respectively, are authorized to execute the certificate which this Order is attached on behalf of the County and to do any and all things proper and necessary to carry out t intent thereof. S4 ~ tion 13. Remedies of Registered Owners. In addition to all rights and remedies of any Registered Owner pro ded by the laws of the State, the County covenants and agrees that in the event the County defaults in the payment o he principal of or interest on any of the Certificates when due, fails to make the payments required by this Order to made into the Interest and Sinking Fund, or defaults in the observance or performance of any of the covenants, onditions, or obligations set forth in this Order, any Registered Owner shall be entitled to a writ of mandamus ssued by a court of proper jurisdiction compelling and requiring the County and other officers of the County to serve and perform any covenant, obligation, or condition prescribed in this Order. No delay or omission by any Re tered Owner to exercise any right or power accruing to such Registered Owner upon default shall impair any such r ht or power, or shall be construed to be a waiver of any such default or acquiescence therein, and every such right power may be exercised from time to time and as often as may be deemed expedient. The specific remedies ntioned in this Order shall be available to any Registered Owner of any of the Certificates and shall be cumulativ f all other existing remedies. S tion 14. Lost, Stolen, Destroyed, Damaged, or Mutilated Certificates: Destruction of Paid Certificat (a) Replacement Certificates. In the event any outstanding Certificate shall become lost, stolen, destroyed, amaged, or mutilated, at the request of the Registered Owner thereof, the County shall cause to be executed, gistered by the Paying Agent/Registrar, and delivered a substitute Certificate of like date and tenor, in exchange d substitution for and upon cancellation of such mutilated or damaged Certificate, or in lieu of and substitutio or such Certificate lost, stolen, or destroyed, subject to the provisions of subsections (b), (c), (d), and (e) of this Sectio ooearine below. Application and Indemnity. Application for exchange and substitution of lost, stolen, destroyed, damaged, or mutilat Certificates shall be made to the County. In every case the applicant for a substitute Certificate shall furnish to e County such deposit for fees and costs as may be required by the County to save it and the Paying Agent/Regj~ trar harmless from liability. Except as hereinafter provided, in every case of loss, theft, mutilation, or destructio f a Certificate, the applicant shall also furnish to the County indemnity to the County's satisfaction and shall file It the County evidence to the County's satisfaction of the loss, theft, mutilation, or destruction and of the ownership f such Certificate. In every case of damage or mutilation of a Certificate, the applicant shall surrender the Certificate damaged or mutilated to the Paying Agent/Registrar. ( Matured Certificates. Notwithstanding the foregoing provisions of this Section, in the event any such t hall have matured, and no default has occurred in payment of the principal of or interest on the Certificates 16 VOL W PAGE I -~D which is th continuing, the County may authorize the payment of the same (without surrender thereof except in the case of a ged or mutilated Certificate) instead of issuing a substitute Certificate, if any, provided security or indemnity i shed as above provided in this Section. (d Expenses of Issuance. Upon the issuance of any substitute Certificate, the County may charge the Registered Owner of such Certificate with all fees and costs incurred in connection therewith. Every substitute Certificate sued pursuant to the provisions of this Section by virtue of the fact that any Certificate is lost, stolen, destroyed, damaged, or mutilated shall constitute a contractual obligation of the County, whether or not the lost, stolen, destroyed, maged, or mutilated Certificate shall be found at any time, or be enforceable by anyone, and shall be entitled to the benefits of this Order equally and proportionately with any and all other Certificates duly issued under this Order. (e uthori i to Issue Substitute Certificates. This Order shall constitute sufficient authority for the issuance of any such uCertificate without necessity of further action by the County or any other body or person, and the issuance o h substitute Certificates is hereby authorized, notwithstanding any other provisions of this Order. ( Destruction of Paid Certificates. At any time subsequent to the payment thereof, the Paying Agent/Reg ar is authorized to cancel and destroy any Certificates duly paid, and promptly after any such destruction, the Paying gent/Registrar shall furnish to the County a certificate evidencing such destruction. S ion 15. Redemption. (a) The Certificates are subject to optional redemption as described in the "Form of Certific s" appearing in Section 3 of this Order. The Certificates having stated maturities on or after September 1, 2015 shall subject to redemption, prior to stated maturity, at the option of the County, on September 1, 2014, or on any date eafter, in whole or in part, in integral multiples of $5,000, at the redemption price of par plus accrued interest to date of redemption. each and the ii Order (a' date (whe caused to or (ii) sha a person the safek sufficient bear inter Defeased scheduled to the Der event an of an in( or (ii) in certifying At least 45 days prior to a date fixed for the redemption of Certificates, the County shall notify the Paying tar of its decision to exercise the right to redeem Certificates. At least 30 days prior to the date fixed for the Paying Agent/Registrar shall send a copy of such notice by the County to the Registered Owner of ate to be redeemed. Hon 16. Defeasance. (a) Except to the extent provided in subsection (c) of this Section, any Certificate, est thereon, shall be deemed to be paid, retired, and no longer outstanding within the meaning of this :teased Certificate") when payment of the principal of such Certificate, plus interest thereon to the due r such due date be by reason of maturity, redemption, or otherwise) either (i) shall have been made or made in accordance with the terms thereof (including the giving of any required notice of redemption) ave been provided for on or before such due date by irrevocably depositing with or making available to cribed by section 1207.061(a), Texas Government Code, as amended (a "Depositary"), with respect to ing, investment, administration, and disposition of a deposit made under section 1207.061, Texas Code, as amended, for such payment (the "Deposit") (A) lawful money of the United States of America make such payment or (B) Government Obligations, which may be in book-entry form, that mature and payable at times and in amounts sufficient to provide for the scheduled payment or redemption of any ;rtificate. To cause a Certificate scheduled to be paid or redeemed on a date later- than the next terest payment date on such Certificate to become a Defeased Certificate, the County must, with respect it, enter into an escrow or similar agreement with a Depositary. connection with any defeasance of the Certificates, the County shall cause to be delivered: (i) in the :row or similar agreement has been entered into with a Depositary to effectuate such defeasance, a report ;ndent firm of nationally recognized certified public accountants verifying the sufficiency of the escrow to pay the Defeased Certificates in full on the maturity or redemption date thereof (the "Verification"); ie event no escrow or similar agreement has been entered into, a certificate from the County Judge iat the amount deposited with a Depositary is sufficient to pay the Defeased Certificates in full on the 17 maturity o redemption date thereof. In addition to the required Verification or certificate, the County shall also cause to b elivered an opinion of nationally recognized bond counsel to the effect that the Defeased Certificates are no lon outstanding pursuant to the terms hereof and a certificate of discharge of the Paying Agent/Registrar with respe to the Defeased Certificates. The Verification, if any, and each certificate and opinion required hereunder all be acceptable in form and substance, and addressed, if applicable, to the Paying Agent/Registrar and the County The Certificates shall remain outstanding hereunder unless and until they are in fact paid and retired or the above driteria are met. A uch time as a Certificate shall be deemed to be a Defeased Certificate hereunder, and all herein required criteria ha been met, such Certificate and the interest thereon shall no longer be outstanding or unpaid and shall no longer be titled to the benefits of the pledge of the security interest granted under this Order, and such principal and interes hall be payable solely from the Deposit of money or Government Obligations; provided, however, the County ha reserved the option to be exercised at the time of the defeasance of the Certificates, to call for redemptio at an earlier date, those Certificates which have been defeased to their maturity date, if the County: (i) in the proc dings providing for the firm banking and financial arrangements, expressly reserves the right to call the Certificate or redemption; (ii) gives notice of the reservation of that right to the Registered Owners immediately following making of the firm banking and financial arrangements; and (iii) directs that notice of reservation be included i ny redemption notices that it authorizes. ( Any money so deposited with a Depositary may at the written direction of the County also be invested in Gove nt Obligations, maturing in the amounts and times as hereinbefore set forth, and all income from such Govern me Obligations received by a Depositary which is not required for the payment of the Defeased Certificate land interest thereon, with respect to which such money has been so deposited, shall be used as directed in writing the County. ( Until all Defeased Certificates shall have become due and payable, the Paying Agent/Registrar shall perform t services of Paying Agent/Registrar for such Defeased Certificates the same as if they had not been defeased, d the County shall make proper arrangements to provide and pay for such services as required by this Order. Si H tion 17. Order a Contract; Amendments. This Order shall constitute a contract with the Registered Owners, frtime to time, of the Certificates, binding on the County and its successors and assigns, and shall not be amended repealed by the County as long as any Certificate remains outstanding except as permitted in this Section. The Count may, without the consent of or notice to any Registered Owners, amend, change, or modify this Order as may be re ed (i) by the provisions hereof, (ii) in connection with the issuance of Additional Obligations, (iii) for the purpose o uring any ambiguity, inconsistency, or formal defect or omission herein, or (iv) in connection with any other than which is not to the prejudice of the Registered Owners. The County may, with the written consent of the Registered wners of a majority in aggregate principal amount of Certificates then outstanding affected thereby, amend, ch ge, modify, or rescind any provision of this Order; provided, however, that without the consent of all of the Registered' wners affected, no such amendment, change, modification, or rescission shall (i) extend the time or times of payme f the principal of and interest on the Certificates, reduce the principal amount thereof or the rate of interest thereon, o n any other way modify the terms of payment of the principal of or interest on bonds or certificates on a parity wit he lien of the Certificates, (ii) give any preference of any Certificate over any other Certificate, (iii) extend any waive f default to subsequent defaults, or (iv) reduce the aggregate principal amount of Certificates required for consent t any such amendment, change, modification, or rescission. When the County desires to make any amend net or addition to or rescission of this Order requiring consent of the Registered Owners, the County shall cause noti of the amendment, addition, or rescission to be given as described above for a notice of redemption. When at a time within one year after the date of the giving of such notice, the County shall receive an instrument or instrumenisi in writing executed by the appropriate number of Registered Owners of the Certificates then outstanding affected b any such amendment, addition, or rescission requiring the consent of Registered Owners, which instrument or instru is shall refer to the proposed amendment, addition, or rescission described in such notice and shall specificall consent to and approve the adoption thereof in substantially the form of the copy thereof referred to in such notice, the upon, but not otherwise, the County may adopt such amendment, addition, or rescission in substantially 18 VC,tiI(o 0 PAGE such form, ept as herein provided. No Registered Owner may thereafter object to the adoption of such amendment, addition, or scission, or to any of the provisions thereof, and such amendment, addition, or rescission shall be fully effective fo ! 11 purposes. Se ' on 18. Sale and Delivery of Certificates. (a) Sale. The sale of the Bonds to the Initial Purchaser pursuant to a taking of competitive bids at a price of par, plus accrued interest to the date of delivery is hereby confirmed. is hereby officially found, determined, and declared that the Initial Purchaser submitted the bid which results in th 1. lowest true interest cost to the County and delivery of the Bonds to the Initial Purchaser shall be made as soon as cticable after the adoption of this Order, upon payment therefor, in accordance with the terms of sale. The officer f the County are hereby authorized and directed to execute and deliver such Bonds, instructions, or other instru ents as are required or necessary to accomplish the purposes of this Order. (b j Approval of Official Statement. The County hereby approves the form and content of the Official Statement ating to the Certificates and any addenda, supplement, or amendment thereto, and approves the distribution such Official Statement in the reoffering of the Certificates by the Initial Purchasers in final form, with such chang therein or additions thereto as the officer executing the same may deem advisable, such determination to be conclusi ly evidenced by his execution thereof. The form and content of and the distribution and use of the Official Sta " ent prior to the date hereof is hereby ratified and confirmed. (c al Ot)inion. The Initial Purchasers' obligation to accept delivery of the Certificates is subject to their being fumi d an opinion of Bond Counsel, such opinion to be dated and delivered as of the date of delivery and payment fo I e Certificates. (d Registration and Delivery. Upon the registration of the Initial Certificate, the Comptroller is authorized and instruct deliver the Initial Certificate, pursuant to the instruction of the County Judge, for delivery to the Initial Purchasers. fto S ion 19. Use of Proceeds. The proceeds from the sale of the Certificates shall be used in the following manner: (i j accrued interest on the Certificates shall be deposited to the credit of the Interest and Sinking Fund; (ii) $ shall be deposited to the credit of the Construction Fund to be used to accomplish the purposes for which the C t, ificates were issued; and (iii) $ shall be used to pay costs of issuing the Certificates. S ion 20. Continuing Disclosure. (a) Annual Reports. The County shall provide annually to each nationally- ognized municipal securities information repository ("NRMSIR") and to any state information depository ("SID"), w 'n six months after the end of each fiscal year ending in or after 2004, financial information and operating data with r ect to the County, being the information described in Exhibit B hereto. The type of information to be provided i udes financial information and operating data with respect to the County of the general type included in the Officia tatement authorized by Section 18 of this Order, being the information described in Exhibit B attached hereto. A financial statements so to be provided shall be (i) prepared in accordance with the accounting principles described i Exhibit B attached hereto and (ii) audited, if the County commissions an audit of such statements and the audit is co leted within the period during which they must be provided. If the audit of such financial statements is not comple within such period, the County shall provide audited financial statements for the applicable fiscal year to each NRM R and any SID when and if the audit report on such statements becomes available. I e County changes its fiscal year, it will notify each NRMSIR and any SID of the change (and of the date of the new cal year end) prior to the next date by which the County otherwise would be required to provide financial informatio and operating data pursuant to this Section. financial information and operating data to be provided pursuant to this Section may be set forth in full in one or mo documents or may be included by specific reference to any document (including an official statement or other offe g document) if it is available from the Municipal Securities Rulemaking Board (the "MSRB") that theretofore s been provided to each NRMSIR and any SID or filed with the SEC. 19 "r`'~ ail 1 (b Material Event Notices. The County shall notify any SID and either each NRMSIR or the MSRB, in a timely mat 0 r, of any of the following events with respect to the Certificates, if such event is material within the meaning o % he federal securities laws: (i) principal and interest payment delinquencies; (ii) non-payment related defaults; (i' unscheduled draws on debt service reserves reflecting financial difficulties; (iv) unscheduled draws on credit enha ements reflecting financial difficulties; (v) substitution of credit or liquidity providers, or their failure to perform; ( adverse tax opinions or events affecting the tax-exempt status of the Certificates; (vii) modifications to rights of h ers of the Certificates; (viii) calls; (ix) defeasances; (x) release, substitution, or sale of property securing repayment the Certificates; and (xi) rating changes. County shall notify any SID and either each NRMSIR or the MSRB, in a timely manner, of any failure by the County provide financial information or operating data in accordance with this Section by the time required by this Sectio (c imitations Disclaimers and Amendments. The County shall be obligated to observe and perform the covenants cified in this Section for so long as, but only for so long as, the County remains an "obligated person" with respe to the Certificates within the meaning of the SEC's Rule 15c2-12 (the "Rule"), except that the County in any event 1 give notice of any deposit made in accordance with Section 16 of this Order that causes the Certificates no longer t be outstanding and any call of Certificates made in connection therewith. provisions of this Section are for the sole benefit of the Registered Owners and beneficial owners of the Certificate j and nothing in this Section, express or implied, shall give any benefit or any legal or equitable right, remedy, or laim hereunder to any other person. The County undertakes to provide only the financial information, operating , financial statements, and notices which it has expressly agreed to provide pursuant to this Section and does not h by undertake to provide any other information that may be relevant or material to a complete presentation of the Cou' 's financial results, condition, or prospects or hereby undertake to update any information provided in accordance ith this Section or otherwise, except as expressly provided herein. The County does not make any representat n or warranty concerning such information or its usefulness to a decision to invest in or sell Certificates at any future te. DER NO CIRCUMSTANCES SHALL THE COUNTY BE LIABLE TO THE REGISTERED OWNER OR BE CIAL OWNER OF ANY CERTIFICATE OR ANY OTHER PERSON, IN CONTRACT OR TORT, FOR D GES RESULTING IN WHOLE OR IN PART FROM ANY BREACH BY THE COUNTY, WHETHER NEGLIGE OR WITHOUT FAULT ON ITS PART, OF ANY COVENANT SPECIFIED IN THIS SECTION, BUT EVE Y RIGHT AND REMEDY OF ANY SUCH PERSON, IN CONTRACT OR TORT, FOR OR ON ACCOUN OF ANY SUCH BREACH SHALL BE LIMITED TO AN ACTION FOR MANDAMUS OR SPECIFIC default by the County in observing or performing its obligations under this Section shall comprise a breach of or defa under this Order for purposes of any other provisions of this Order. mg in this Section is intended or shall act to disclaim, waive, or otherwise limit the duties of the County under fede 1 and state securities laws. T.. e provisions of this Section may be amended, supplemented, or repealed by the County from time to time under the lowing circumstances, but not otherwise: (a) to adapt to changed circumstances that arise from a change in legal requ' ments, a change in law, or a change in the identity, nature, status, or type of operations of the County, if the provisions' of this Section, as so supplemented or amended, would have permitted an underwriter to purchase or sell Certificate in the present offering in compliance with the Rule and either the Registered Owners of a majority in aggregate ncipal amount of the outstanding Certificates consent to such amendment, supplement, or repeal, or any State age or official determines that such amendment, supplement, or repeal will not materially impair the interests of the ben cial owners of the Certificates; (b) upon repeal of the applicable provisions of the Rule, or any judgment by 20 VOL W PAGE la~ a courtof fil jurisdiction that such provisions are invalid; or (c) in any other circumstance or manner permitted by the Rule. S ion 21. Perfection of Security Interest. Chapter 1208, Texas Government Code, applies to the issuance o I e Certificates and the pledge of the proceeds of ad valorem taxes and certain revenues of the Center thereto grail d by the County under Section 5(a) of this Order, and such aforementioned pledge is, therefore, valid, effective, perfected. Should Texas law be amended at any time while the Certificates are outstanding and unpaid, the sult of such amendment being that the pledge of the ad valorem tax proceeds and such revenues are to 111 be subject the filing requirements of Chapter 9, Texas Business & Commerce Code, in order to preserve to the Registered wners a security interest in such pledge, the County agrees to take such measures as it determines are reasonable d necessary to enable a filing of a security interest in said pledge to occur. S ion 22. Further Procedures. The County Judge and the County Clerk, and all other officers, employees, attorneys, agents of the County and each of them, shall be and they are hereby expressly authorized, empowered, and directei 1: om time to time and at any time to do and perform all such acts and things and to execute, acknowledge, and deliver the name and under the seal and on behalf of the County, all such instruments, whether or not herein mentioned, s may be necessary or desirable in order to carry out the terms and provisions of this Order, the Certificates nd the Official Statement. In case any officer whose signature shall appear on any Certificate shall cease to be such icer before the delivery of such Certificate, such signaturq shall nevertheless be valid and sufficient for all purposes same as if such officer had remained in office until such delivery. Prior to the initial delivery of the Certificates he County Judge, the County Clerk, and Bond Counsel are hereby authorized and directed to approve any technical c ges or corrections to this Order or to any of the instruments authorized by this Order necessary in order to (i) correct y ambiguity or mistake or properly or more completely document the transactions contemplated and approved b' j this Order, (ii) obtain a raring from any of the national bond rating agencies, or (iii) obtain the approval of the Certific es by the Attorney General's office. S ion 23. Other Documents. The County Judge and the County Clerk are hereby authorized to execute and attest t' such other documents, certificates, letters of instruction, tax information forms, and other agreements of any kind w ch, in the opinion of Bond Counsel, are necessary or advisable in order to issue the Certificates and verify that the int st on the Certificates will be exempt from gross income of the holders thereof under current federal tax law. S tion 24. Successor Registrar, Successor Paving Agent. The County covenants with the Registered Owners th prior to the time all of the Certificates have been finally retired, the County will provide competent and legally qua fied persons to act as and perform the services of Paying Agent/Registrar for the Certificates under this Order. Th County reserves the right to, and may, at its option, change the Paying Agent/ Registrar with respect to the Certi tes upon not less than 60 days written notice to the Paying Agent/Registrar. Any Paying Agent/Reg ar may resign and be discharged of its respective duties under this Order by written resignation filed with the C, i my not less than 60 days before the date such resignation is to take effect. In the event that the person at any tim acting as a Paying Agent/Registrar (or its successor by merger, acquisition, or other method) should resign or erwise cease to act as such, the County covenants that promptly it will appoint a competent and legally qualified ional or state banking institution organized and doing business under the laws of the United States of America o ! e State, authorized under such laws to exercise trust powers, subject to supervision or examination by federal or to authority, to act as such Paying Agent/Registrar, under this Order. Upon any change in a Paying Agent/Re trar, the previous Paying Agent/Registrar promptly shall transfer and deliver the Registration Books (or a copy the of), along with all other pertinent books and records relating to the Certificates, to the new Paying Agent/Re ' trar designated and appointed by the County. Upon any change in the Paying Agent/Registrar, the County pr ptly will cause a written notice thereof to be sent by the new Paying Agent/Registrar to each Registered Owner, by nited States mail, first-class postage prepaid, which notice also shall give the address of the new Paying Agent/Re i trar. By accepting the position and performing as such, each Paying Agent/Registrar shall be deemed to have agred'd to the provisions of this Order, and a certified copy of this Order shall be delivered to each Paying 21 Se ion 25. Nonaresentment of Certificates. In the event any Certificate shall not be presented for payment w n the principal thereof or interest thereon, if applicable, becomes due,. either at maturity or otherwise, or if any ch k or draft representing payment of principal of or interest on the Certificates shall not be presented for payment, i ands sufficient to pay the principal of or interest on such Certificate shall have been made available by the County the Paying Agent/Registrar for the benefit of the Registered Owner thereof, all liability of the County to the Reg' ered Owner thereof for the payment of the principal of or interest on such Certificate shall cease, terminate, be completely discharged, and thereupon it shall be the duty of the Paying Agent/Registrar to hold such funds trust, uninvested and without liability for interest thereon, for the benefit of the Registered Owner of such Certi ate, who shall thereafter be restricted exclusively to such funds for any claim of whatever nature on his part under is Order with respect to the principal of or interest on such Certificate. To the extent applicable, the Paying Ag t/Registrar shall hold and apply any such funds in accordance with Title 6, Texas Property Code, as amended, a shall comply with the reporting requirements of Chapter 74, Texas Property Code, as amended. Se ion 26. Miscellaneous Provisions. (a) General. Except where the context otherwise requires, words importing t singular number shall include the plural number and vice versa; words importing the masculine gender shall inclu the feminine and neuter genders and vice versa. Reference to any document means that document as amended o supplemented from time to time. Reference to any party to a document means that party and its successors d assigns. Reference herein to any article, section, subsection, or other subdivision, as applicable, unless spec: J cally stated otherwise, means the article, section, subsection, or other subdivision, as applicable, of this Order. (bj itles Not Restrictive. The titles assigned to the various sections of this Order are for convenience only and shall n be considered restrictive of the subject matter of any section or of any part of this Order. (c nconsistent Provisions. All orders and resolutions, or parts thereof, which are in conflict or inconsistent with any p ision of this Order are hereby repealed and declared to be inapplicable, and the provisions of this Order shall be and: emain controlling as to the matters prescribed herein. (d i everabili . If any word, phrase, clause, paragraph, sentence, part, portion, or provision of this Order or the applica n thereof to any person or circumstance shall be held to be invalid, the remainder of this Order shall neverthele be valid and the County hereby declares that this Order would have been enacted without such invalid word, phra clause, paragraph, sentence, part, portion, or provision. This Order shall be construed and enforced in accordance with the laws of the State. ( en Meetin . The County officially finds and determines the meeting at which this Order is adopted was open to the ublic and that public notice of the time, place, and purpose of such meeting was given, all as required by Chapter 55 Texas Government Code. Immediate Effect. Notwithstanding any charter provision or other applicable laws, this Order shall be effective upon its adoption by the Commissioners Court. P SED AND APPROVED on fast and final reading by the Commissioners Court of Brazos County, Texas, this 24th d of August, 2004. County Judge, Brazos County, Texas ATTEST: County C$Jk, Brazos County, Texas 22 VOL V PAGEL i EXHIBIT A PAYING AGENT/REGISTRAR AGREEMENT T S PAYING AGENT/REGISTRAR AGREEMENT entered into as of August 15, 2004 (this "Agreemen by and between BRAZOS COUNTY, TEXAS (the "Issuer"), and JPMORGAN CHASE BANK, Dallas, Te , a banking association duly organized and existing under the laws of the United States of America (the "Bank"). RECITALS EREAS, the Issuer has duly authorized and provided for the issuance of its "Brazos County, Texas Certificate if Obligation, Series 2004" (the "Securities"), such Securities to be issued in fully registered form only as to the pay t of principal and interest thereon; i EREAS, the Securities are scheduled to be delivered to the initial purchasers thereof as provided in the Order; EREAS, the Issuer has selected the Bank to serve as Paying Agent/Registrar in connection with the payment o he principal of and interest on the Securities and with respect to the registration, transfer, and exchange thereof by registered owners thereof; EREAS, the Bank has agreed to serve in such capacities for and on behalf of the Issuer and has full power and autho to perform and serve as Paying Agent/Registrar for the Securities; , THEREFORE, the parties mutually agree as follows: ARTICLE I. APPOINTMENT OF BANK AS PAYING AGENT AND REGISTRAR S tion 1.01. Appointment. The Issuer hereby appoints the Bank to serve as Paying Agent with respect to the Securis. As Paying Agent for the Securities, the Bank shall be responsible for paying on behalf of the Issuer the principal and interest on the Securities as the same become due and payable to the registered owners thereof, all in accordanc with the provisions of this Agreement and the Order. it Issuer hereby appoints the Bank as Registrar with respect to the Securities. As Registrar for the Securities, a Bank shall keep and maintain for and on behalf of the Issuer books and records as to the ownership of said Sec es and with respect to the transfer and exchange thereof (defined herein as the "Securities Register") as provided ein and in the Order. Bank hereby accepts its appointments and agrees to serve as the Paying Agent and Registrar for the lion 1.02. Compensation. As compensation for the Bank's services as Paying Agent/Registrar, the Issuer hereby agii es to pay the Bank the fees and amounts set forth in Schedule I attached hereto for the first year of this Agreeme t) and, thereafter, the fees and amounts set forth in the Bank's current fee schedule then in effect for its services a Paying Agent and Registrar for municipalities, which shall be supplied to the Issuer on or before 90 days prior to lose of the Issuer's Fiscal Year, and shall be effective upon the fast day of its following Fiscal Year. addition, the Issuer agrees to reimburse the Bank upon its request for all reasonable expenses, disburse ts, and advances incurred or made by the Bank in accordance with any of the provisions hereof (including the reaso le compensation and the expenses and disbursements of its agents and counsel). A-1 , / : ARTICLE II. DEFINITIONS unless the 2.01. Definitions. For all purposes of this Agreement, except as otherwise expressly provided or otherwise requires: Office" means the designated principal corporate trust office of the Bank as indicated on the signature page hereo The Bank will notify the Issuer in writing of any change in location of the Bank Office. Principal Payment Office" means Dallas, Texas. Register. Year" means the fiscal year of the Issuer, ending September 30. and "Security Holder" each means the Person in whose name a Security is registered in the Security "I uer Request" and "Issuer Order" means a written request or order signed in the name of the Issuer by its County 7u e, County Treasurer, or County Clerk, such request signed by any one or more of said officials and delivered The Bank. Holiday" means a day on which the Bank is required or authorized to be closed. ` der" means the order of the governing body of the Issuer pursuant to which the Securities are issued, attested to the County Clerk or any other officer of the Issuer, and delivered to the Bank. Agent/Registrar" means the Bank in reference to its performance of the duties and functions of this ltompany, rson" means any individual, corporation, limited liability company, partnership, joint venture, association, joint stoc trust, unincorporated organization or government or any agency or political subdivision of a " edecessor Securities" of any particular Security means every previous Security evidencing all or a portion of the sa obligation as that evidenced by such particular Security (and, for the purposes of this definition, any mutilated, lost, destroyed, or stolen Security for which a replacement Security has been registered and delivered in lieu thereof p ant to Section 4.06 hereof and the Order). date is Date" means the date upon which the person to whom interest is payable on any interest payment n Date" when used with respect to any Security to be redeemed means the date fixed for such to the terms of the Order. "Responsible Officer" when used with respect to the Bank means the Chairman or Vice-Chairman of the Board of irectors, the Chairman or Vice-Chairman of the Executive Committee of the Board of Directors, the President, my Vice President, the Secretary, any Assistant Secretary, the Treasurer, any Assistant Treasurer, the Cashier, y Assistant Cashier, any Trust Officer or Assistant Trust Officer, or any other officer of the Bank customari performing functions similar to those performed by any of the above designated officers and also means, with resp t to a particular corporate trust matter, any other officer to whom such matter is referred because of his knowled of and familiarity with the particular subject. "Security Register" means a register maintained by the Bank on behalf of the Issuer providing for the rep-istrati and transfer of the Securities. A-2 VOL W PAGE 1 Maturity" means the date specified in the Order the principal of a Security is scheduled to be due and payable. S ion 2.02. Other Definitions. The terms "Bank", "Issuer", and "Securities" or "Security" have the meanings St ion to them in the recital paragraphs of this Agreement. ARTICLE III. PAYING AGENT S ion 3.01. Duties of Paying Agent. As Paying Agent, the Bank shall, provided adequate collected funds have been vided to it for such purpose by or on behalf of the Issuer, pay on behalf of the Issuer the principal of each Security at Stated Maturity, or Redemption Date, to the Holder upon surrender of the Security to the Bank at the Bank Princ 1 Payment Office. A aying Agent, the Bank shall, provided adequate collected funds have been provided to it for such purpose by or on b if of the Issuer, pay on behalf of the Issuer the interest on each Security when due, by computing the amount of erest to be paid each Holder and preparing and sending checks by United States Mail, first-class postage prepaid, o ach payment date, to the Holders of the Securities (or their Predecessor Securities) on the respective Record Da to the address appearing on the Security Register or by such other method, acceptable to the Bank, requested i iting by the Holder at the Holder's risk and expense. S1ion 3.02. Payment Dates. The Issuer hereby instructs the Bank to pay the principal of and interest on the Securities the dates specified in the Order. ARTICLE IV. REGISTRAR S ion 4.01. Security Register - Transfers and Exchanges. The Bank agrees to keep and maintain for and on behalf the Issuer at the Bank Principal Payment Office the Security Register for the purpose of recording the names and dresses of the Holders of the Securities, the transfer, exchange, and replacement of the Securities, and the payment oil, he principal of and interest on the Securities to the Holders and containing such other information as may be reasona' y required by the Issuer and subject to such reasonable regulations as the Issuer and the Bank may prescribe. 11 transfers, exchanges, and replacement of Securities shall be noted in the Security Register. A copy of the Securiegister will be maintained by the Paying Agent/Registrar at the Bank Principal Payment Office. E ry Security surrendered for transfer or exchange shall be duly endorsed or be accompanied by a written instrument transfer, the signature on which has been guaranteed by an officer of a federal or state bank or a member of the Nati1 Association of Securities Dealers, in form satisfactory to the Bank, duly executed by the Holder thereof or his age my authorized in writing. T Bank may request any supporting documentation it feels necessary to effect a re-registration, transfer, or exchange the Securities. T: the extent possible and under reasonable circumstances, the Bank agrees that, in relation to an exchange or transfer of curities, the exchange or transfer by the Holders thereof will be completed and new Securities delivered to the Holder r the assignee of the Holder in not more than three business days after the receipt of the Securities to be cancelled i an exchange or transfer and the written instrument of transfer or request for'exchange duly executed by the Holder, or is duly authorized agent, in form and manner satisfactory to the Paying Agent/Registrar. S' tion 4.02. Certificates. The Issuer shall provide an adequate inventory of printed Securities to facilitate transfers o xchanges thereof. The Bank covenants that the inventory of printed Securities will be kept in safekeeping pending use, and reasonable care will be exercised by the Bank in maintaining such Securities in safekeeping, which sha be not less than the care maintained by the Bank for debt securities of other political subdivisions or coiporatio for which it serves as registrar, or that is maintained for its own securities. A-3 Se ion 4.03. Form of Security Register. The Bank, as Registrar, will maintain the .Security Register relating to registration, payment, transfer, and exchange of the Securities in accordance with the Bank's general practices a procedures in effect from time to time. The Bank shall not be obligated to maintain such Security Register in y form other than those which the Bank has currently available and currently utilizes at the time. Security Register may be maintained in written form or in any other form capable of being converted into written fo ithin a reasonable time. S ion 4.04. List of Security Holders. The Bank will provide the Issuer at any time requested by the Issuer, upon paym it of the required fee, a copy of the information contained in the Security Register. The Issuer may also inspect the ' ormation contained in the Security Register at any time the Bank is customarily open for business, provided t reasonable time is allowed the Bank to provide an up-to-date listing or to convert the information into written fo U ss required by law, the Bank will not release or disclose the contents of the Security Register to any person oth than to, or at the written request of, an authorized officer or employee of the Issuer, except upon receipt of a court ord or as otherwise required by law. Upon receipt of a court order and prior to the release or disclosure of the contents of e Security Register, the Bank will notify the Issuer so that the Issuer may contest the court order or such release or rlosure of the contents of the Security Register. S ion 4.05. Return of Cancelled Certificates. All Securities surrendered for payment, redemption, transfer, a ange, or replacement, if surrendered to the Bank, shall be promptly cancelled by it and, if surrendered to the Issuer, all be delivered to the Bank and, if not already cancelled, shall be promptly cancelled by the Bank. The Issuer may any time deliver to the Bank for cancellation any Securities previously authenticated and delivered which the Issuer y have acquired in any manner whatsoever, and all Securities so delivered shall be promptly cancelled by the Bank. 11 cancelled Securities held by the Bank shall be destroyed, and evidence of such destruction fiunished to the Issuer t such reasonable intervals as it determines, subject to applicable rules and regulations of the Securities and Exchange mmission. S tion 4.06. Mutilated, Destroyed, Lost, or Stolen Securities. The Issuer hereby instructs the Bank, subject to applicable provisions of the Order, to deliver and issue Securities in exchange for or in lieu of mutilated, destroyed, st, or stolen Securities as long as the same does not result in an over issuance of securities. I ! ase any Security shall be mutilated or destroyed, lost, or stolen, the Bank, in its discretion, may execute and delive replacement Security of like form and tenor, and in the same denomination and bearing a number not contempo eously outstanding, in exchange and substitution for such mutilated Security, or in lieu of and in substitutio for such destroyed, lost, or stolen Security, only after (i) the filing by the Holder thereof with the Bank of evidence 'sfactory to the Bank of the destruction, loss, or theft of such Security, and of the authenticity of the ownership ereof and (ii) the furnishing to the Bank of indemnification in an amount satisfactory to hold the Issuer and the Bank It: ess. All expenses and charges associated with such indemnity and with the preparation, execution, and delivery oil; [ replacement Security shall be borne by the Holder of the Security mutilated or destroyed, lost, or stolen. tion 4.07. Transaction Information to Issuer. The Bank will, within a reasonable time after receipt of written re st from the Issuer, furnish the Issuer information as to the Securities it has paid pursuant to Section 3.01 of this Agree ent, Securities it has delivered upon the transfer or exchange of any Securities pursuant to Section 4.01 of this Agre ent, and Securities it has delivered in exchange for or in lieu of mutilated or destroyed, lost, or stolen Securities uant to Section 4.06 of this Agreement. Won 4.08. Redemption of Securities. Securities which are redeemable before their stated maturity shall be in accordance with Section 15 of the Order and terms in accordance with this Article IV. A-4 VOL AGE 130 S ion 4.09. Notice of Redemption. Notice of redemption shall be given by the Bank in the name and at the expense of a Issuer, not less than 30 or more than 45 days prior to the date of redemption, to each registered owner of Securities t e redeemed and as otherwise required by the Order. of redemption shall include the CUSIP number and statement as to: date of redemption; price of the Securities expressed as a percentage of par amount of the Securities; (c R the principal amount of Securities to be redeemed, and if less than all outstanding Securities are to be redeemed, a identification (and, in case of partial redemption, the principal amounts) of the Securities to be redeemed; ( t on the date of redemption, the principal of each of the Securities to be redeemed will become due and payable an t the interest thereon shall cease to accrue from and after said date; and rat the Securities to be redeemed are to be surrendered for payment of the price stated in the notice of the designated principal payment office of the Bank and the address of such office. T1hh Bank shall, at the expense of the Issuer, provide notice to designated securities depositories and informatio ervices based upon the then-current guidelines of the Securities and Exchange Commission relating to redemptio and refundings of municipal bonds, including the Securities. The Bank, at the expense of the Issuer, shall also provi notice to any other addressees as the Issuer shall designate in writing. ARTICLE V. THE BANK S tion 5.01. Duties of Bank. The Bank undertakes to perform the duties set forth herein and agrees to use reasonable re in the performance thereof. Sion 5.02. Reliance on Documents, Etc. (a) The Bank may conclusively rely, as to the truth of the statements d correctness of the opinions expressed therein, on certificates or opinions furnished to the Bank. ( )I The Bank shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it shall be ved that the Bank was negligent in ascertaining the pertinent facts. i ( No provisions of this Agreement shall require the Bank to expend or risk its own funds or otherwise incur any financ liability for performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if it shall ha reasonable grounds for believing that repayment of such funds or adequate indemnity satisfactory to it against su ' risks or liability is not assured to it. ( The Bank may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, tatement, instrument, opinion, report, notice, request, direction, consent, order, bond, note, security, or other pap or document believed by it to be genuine and to have been signed or presented by the proper party or parties. i hout limiting the generality of the foregoing statement, the Bank need not examine the ownership of any Securities, but is protected in acting upon receipt of Securities containing an endorsement or instruction of transfer or power of sfer which appears on its face to be signed by the Holder or an agent of the Holder. The Bank shall not be bound to ke any investigation into the facts or matters stated in a resolution, certificate, statement, instrument, opinion, r rt, notice, request, direction, consent, order, bond, note, security, or other paper or document supplied by the Issuer. A-5 (e a Bank may consult with counsel, and the written advice of such counsel or any opinion of counsel shall be full and mplete authorization and protection with respect to any action taken, suffered, or omitted by it hereunder in good fail and in reliance thereon. ( e Bank may exercise any of the powers hereunder and perform any duties hereunder either directly or by or through ents or attorneys of the Bank. S ion 5.03. Recitals of Issuer. The recitals contained herein with respect to the Issuer and in the Securities shall be to as the statements of the Issuer, and the Bank assumes no responsibility for their. correctness. Bank shall in no event be liable to the Issuer, any Holder or Holders of any Security, or any other Person for any am t due on any Security from its own funds. S tion 5.04. May Hold Securities. The Bank, in its individual or any other capacity, may become the owner or pledgee f Securities and may otherwise deal with the Issuer with the same rights it would have if it were not the Paying Ag t/Registrar, or any other agent. S tion 5.05. Money Held by Bank. (a) Money held by the Bank hereunder shall be held for the benefit of the registe owners of the Securities. ( D~ The Bank shall be under no obligation to pay interest on any money received by it hereunder. ( Except to the extent provided otherwise in the Order, any money deposited with the Bank for the payment of the prin' al on, or interest on any security and remaining unclaimed for three years after the dates such amounts have beco due and payable shall be reported and disposed of by the Bank in accordance with the provisions of Title 6 of the T s Property Code, as amended, to the extent that such provisions are applicable to such amounts. S tion 5.06. Indemnification. To the extent permitted by law, the Issuer agrees to indemnify the Bank for, and hold i rmless against, any loss, liability, or expense incurred without negligence or bad faith on its part, arising out of or i connection with its acceptance or administration of its duties hereunder, including the cost and expense against an, t j claim or liability in connection with the exercise or performance of any of its powers or duties under this S tion 5.07. Interpleader. The Issuer and the Bank agree that the Bank may seek adjudication of any adverse cl demand, or controversy over its person as well as funds on deposit, in either a federal or State District Court loc d in either Brazos County, Texas, or another Texas county in which the Bank maintains administrative offices, a agree that service of process by certified or registered mail, return receipt requested, to the addresses referred t Section 6.03 of this Agreement, shall constitute adequate service. The Issuer and the Bank further agree that the B has the right to file a Bill of Interpleader in any court of competent jurisdiction in the State of Texas to determine e rights of any Person claiming any interest herein. tion 5.08. Depository Trust Company Services. It is hereby represented and warranted that, in the event the Securi ' s are otherwise qualified and accepted for "Depository Trust Company" services or equivalent depository trust servi s by other organizations, the Bank has the capability and, to the extent within its control, will comply with the "Oper onal Arrangements" currently in effect which establishes requirements for securities to be eligible for such type of d sitory trust services, including, but not limited to, requirements for the timeliness of payments and funds availabili transfer turnaround time, and notification of redemptions and calls. ARTICLE VI. MISCELLANEOUS PROVISIONS tion 6.01. Amendment. This Agreement may be amended only by an agreement in writing signed by both of th, arties hereto. A-6 VOL 0 PAGE ~ ' 6.02. Assignment. This Agreement may not be assigned by either party without the prior written consent of ft other. S ion 6.03. Notices. Any request, demand, authorization, direction, notice, consent, waiver, or other document vided or permitted hereby to be given or furnished to the Issuer or the Bank shall be mailed or delivered to the Issue 11 r the Bank, respectively, at the addresses shown on the signature page of this Agreement. Sion 6.04. Effect of Headines. The Article and Section headings herein are for convenience only and shall not a t the construction hereof. Sion 6.05. Successors and Assigns. All covenants and agreements made herein by the Issuer shall bind its successors d assigns, whether so expressed or not. S ion 6.06. Severability. In case any provision herein shall be invalid, illegal, or unenforceable, the validity, le lity, and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. S ion 6.07. Benefits of Agreement. Nothing herein, express or implied, shall give to any Person, other than the p ies hereto and their successors hereunder, any benefit or any legal or equitable right, remedy, or claim hereunder. ' S ion 6.08. Entire Agreement. This Agreement and the Order constitute the entire agreement between the parties her relative to the Bank acting as Paying Agent/Registrar and if any conflict exists between this Agreement and the Or f r, the Order shall govern. S tion 6.09. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be de ed an original and all of which shall constitute one and the same Agreement. S tion 6.10. Termination. This Agreement will terminate (i) on the date of final payment of the principal of and intere on the Securities to the Holders thereof or (ii) may be earlier terminated by either party upon 60 days written no e; provided, however, an early termination of this Agreement by either party shall not be effective until (a) a successo aying Agent/Registrar has been appointed by the Issuer and such appointment accepted and (b) notice has been give the Holders of the Securities of the appointment of a successor Paying Agent/Registrar. Furthermore, the Bank and uer mutually agree that the effective date of an early termination of this Agreement shall not occur at any time whic ould disrupt, delay, or otherwise adversely affect the payment of the Securities. n an early termination of this Agreement, the Bank agrees to promptly transfer and deliver the Security Register ( a copy thereof), together with other pertinent books and records relating to the Securities, to the successor Paying Ag t/Registrar designated and appointed by the Issuer. provisions of Section 1.02 and of Article V shall survive and remain in full force and effect following the f this Agreement. (Remainder of this page intentionally left blank) A-7 provisions of Section 1.02 and of Article V shall survive and remain in full force and effect following the terminatio f this Agreement. S tion 6.11. Governing Law. This Agreement shall be construed in accordance with and governed by the laws of th tate of Texas. n 41 WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. Attest: i By Title j (BANKS L) Attest: 'IA By ~(,LC C inty Clerk (ISSUER AL) JPMORGAN CHASE BANK Dallas, Texas By Title Address: 2001 Bryan, 10t' Floor Dallas, Texas 75201 BRAZOS By County Judge 300 East 26d' Street Bryan, Texas 77803 EXECUTION PAGE OF PAYING AGENT/REGISTRAR AGREEMENT VOL W PAGE 134 SCHEDULEI Paying Agent/Registrar Fee Schedule (To be furnished by the Bank) S-1 EXHIBIT B DESCRIPTION OF ANNUAL FINANCIAL INFORMATION following information is referred to in Section 20 of the Order. A ual Financial Statements and Operating Data. The financial information and operating data with respect to e county to be provided annually in accordance with such Section are as specified (and under the headings o he Official Statement referred to) below: (a the portions of the audited financial statements of the County included in the Official Statement, but for the Count i" most recently concluded fiscal year, and, to the extent that such statements are not completed and available, audited financial statements for such fiscal year; ( the tables or schedules in the Official Statement under the heading "TAX DATA". A ounting Principles. The accounting principles, with respect to the County, referred to in such Section are the ac nting principles described in the notes to the financial statements referred to in paragraph 1 above, as such princ es may be changed from time to time to comply with state law or regulation. B-I VOL l PAGE I3 ry August 15, 2004 The Public 300 V Austii orney General of Texas inance Section st 15th, 9th Floor Texas 78701 The C ptroller of Public Accounts Attent' n: Melissa Mora 208 E "t 10th, Room 448 Austi l'Texas 78701-2407 Re: Brazos County, Texas Certificates of Obligation, Series 2004 TO THE ATTORNEY GENERAL he captioned issue of certificates of obligations (the "Certificates") is being sent to you for your exami "tion and approval and we enclose one executed but undated Signature Identification and No- Litigat n Certificate and one executed but undated General Certificate. Upon approval of the Certifi ' tes, you are authorized to insert the date of the approval in such certificates. If any litigation should evelop, or if any other event should occur which would make any certificate inaccurate, before you. ap'; ove the Certificates, we will notify you at once by both telephone and facsimile. With this assura , you can rely on the accuracy of such certificates at the time you approve the Certificates, unless advise you otherwise. fter you have approved the Certificates, please deliver them to the Comptroller of Public of the State of Texas for registration. TO THE COMPTROLLER he Certificates will be sent to you for registration. After the Comptroller's Registration Certific e on the Certificates is duly signed and sealed, you are hereby authorized and directed to send the Ce K 1cates by overnight delivery to Winstead Sechrest & Minick P.C., Attorneys at Law, 700 N. St. Mary's,' Suite 1900, San Antonio, Texas, 78205, attention of Carey R. Troell (or otherwise as directed by Mr. Tro' 1), together with four copies of each of the following: ) Attorney General's Approving Opinion. Comptroller's Signature Certificate. Very truly yours, BRAZOS COUNTY, TEXAS County OFFICIAL STATEMENT CERTIFICATE follows of Obli the "Of Initial of a ma the li61 the undersigned County Judge of Brazos County, Texas (the "County") hereby certify as connection with the issuance by the County of $5,000,000 "Brazos County, Texas Certificates tion, Series 2004" (capitalized terms used without definition carry the meanings given them in ial Statement' dated August 24, 2004). the best of my knowledge and belief, as of the date of the delivery of the Certificates to the haser(s), the Official Statement, excluding the Appendices and information relating to taxing other than the County, as then supplemented or amended, does not contain an untrue statement al fact and does not omit to state a material fact necessary to make the statements therein, in the circumstances under which they were made, not misleading. TNESS MY HAND this BRAZOS COUNTY, TEXAS CERTIFICATE FOR ORDER hereby c .session, "Meetin member Jr. thus coi fe, the undersigned County Judge and County Clerk of Brazos County, Texas (the "County"), rtify as follows: The Commissioners Court of the County (the "Commissioners Court") convened in regular -n to the public, on August 24, 2004, at the meeting place designated in the notice (the and the roll was called of the members, to wit: Randy Sims, County Judge, and the following 'the Commissioners Court: Eric Caldwell, Duane Peters, Kenny Mallard, and Carey Cauley, 11 members of the Commissioners Court were present, except Vq7::~ tituting a quorum. Whereupon among other business, the following was transacted at the a written f: ;R AUTHORIZING THE ISSUANCE OF $5,000,000 "BRAZOS COUNTY, .S CERTIFICATES OF OBLIGATION, SERI9S 2004" AND OTHER MATTERS TED THERETO (the "Or r") was duly introduced for the consideration of the Commissioners Court. It was then duly moved a seconded that the Order be finally passed and adopted; and after due discussion, such motion, carrying ith it the adoption of the Order prevailed and carried by the following vote: YES: 5 NOES: O ABSTENTIONS: C~). this Cer the abo, minutes Court as and that officers Meeting given, a] A true, full, and correct copy of the Order adopted at the Meeting is attached to and follows icate; the Order has been duly recorded in the Commissioners Court's minutes of the Meeting; and foregoing paragraph is a true, full, and correct excerpt from the Commissioners Court's f the Meeting pertaining to the adoption of the Order; the persons named in the above and paragraph are duly chosen, qualified, and acting officers and members of the Commissioners ridicated therein; each of the officers and members of the Commissioners Court was duly and y notified officially and personally, in advance, of the time, place, and purpose of the Meeting, le Order would be introduced and considered for adoption at the Meeting and each of such A members consented, in advance, to the holding of the Meeting for such purpose; and the ras open to the public, and public notice of the time, place, and purpose of the Meeting was is required by Chapter 551, Texas Government Code, as amended. Karen McQueen is the duly appointed and acting County Clerk of the County. AND SEALED this August 24, 2004. (SEAL) Brazos County, Texas County J Brazos County, Texas bn :139 SIGNATURE IDENTIFICATION AND NO-LITIGATION CERTIFICATE certify as f (I CERTIFIC (2 facsimile s the undersigned County Judge and County Clerk of Brazos County, Texas (the "Issuer"), hereby ows that: certificate is executed and delivered with reference to that issue of BRAZOS COUNTY, TEXAS OF OBLIGATION, SERIES 2004 (the "Certificates"), dated as of August 15, 2004. e officially executed and signed the Certificates by manually signing the Certificates or causing Cures to be impressed or lithographed on each of the Certificates. (3W-the he Certificates are substantially in the form, and have been duly executed and signed in the manner, prescribed Order authorizing the issuance of the Certificates. (4 I' t the time we so executed and signed the Certificates we were, and at the time of executing this certificate are, the duly chosen, qualified, and acting officers indicated therein, and authorized to execute same. (5 o litigation of any nature has been filed or is now pending to restrain or enjoin the issuance or delivery of any of th Certificates, or which would affect the provision made for their payment or security, or in any manner questioning a proceedings or authority concerning the issuance of the Certificates, and that so far as we know and believe nos h litigation is threatened. (6)' either the corporate existence nor boundaries of the Issuer is being contested, no litigation has been filed or is w pending which would affect the authority of the officers of the Issuer, and no authority or proceedings r the issuance of the Certificates have been repealed, revoked, or rescinded. (7) e have caused the official seal of the Issuer to be impressed, or printed, or lithographed on each the Certificates, Ind said seal on the Certificates has been duly adopted as, and is hereby declared to be, the official seal of the Issue EXECUTED and delivered this OFFICIAL TITLES County Judge Randy Sims - / \ - / R C County Clerk Karen McO n _ (Remainder of page intentionally left blank) STATE O TEXAS § COUNTY F BRAZOS § T" undersigned, a Notary Public, certifies and represents that Randy Sims and Karen McQueen are known to me to b he County Judge and the County Clerk, respectively, of Brazos County, Texas, and in my presence each executed t s instrument before me in the capacity represented and each of said person's signature appearing above is genuine.',! under my hand and seal of office this A 14A ' day of August, 2004. (NOTAR EAL) otary Pub CANDY GALLEGO Notary public, State of Texas My Commission Expires MAY 13, 2005 2l '