RESOLUTION ADOPTING AMENDMENT NO. 1 TO THE PHILADELPHIA BAR ASSOCIATION PENSION PLAN (As Amended and Restated Effective January 1, 2007)

WHEREAS, the Philadelphia Bar Association (the "Association") maintains a pension plan known as the Philadelphia Bar Association Pension Plan (the "Plan"); and

WHEREAS, the Association desires to provide additional pension benefits for long term service employees in recognition of their dedication to the Association.

NOW THEREFORE, in accordance with the authority granted to them under the Plan, the Board of Governors hereby takes the following actions:

RESOLVED, that the Association hereby amends the Plan to adopt the change to the Plan set out in the attached form of Amendment No. 1, effective as of January 1, 2008;

AND BE IT FURTHER RESOLVED, that the Association hereby authorizes and directs the Executive Director to take such other and further actions as the Executive Director may deem necessary or appropriate, in consultation with the Pension Committee, including making further amendments to the Plan and its trust, to effectuate the intent of the foregoing resolution.

PHILADELPHIA BAR ASSOCIATION BOARD OF GOVERNORS
ADOPTED: June 26, 2008