RESOLUTION ADOPTING TECHNICAL AMENDMENT TO THE PHILADELPHIA BAR ASSOCIATION PENSION PLAN

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

WHEREAS, the plan recently was submitted to the Internal Revenue Service for a favorable letter of determination;

WHEREAS, the Plan has received a favorable Letter of Determination providing one Amendment is made, effective January 1, 2002;

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 as follows:

Section B.4.1 of the Appendix to the Plan is hereby amended effective January 1, 2002, to replace the phrase “separation from service” with the phrase “severance from employment.”
FURTHER RESOLVED, that the Association hereby authorizes and directs the Executive Director to take such other and further actions as may be deemed necessary or appropriate at the direction of the Pension Committee, including making further amendments to the Plan and its trust, to effectuate the intent of the foregoing resolutions.

PHILADELPHIA BAR ASSOCIATION
BOARD OF GOVERNORS
ADOPTED: OCTOBER 30, 2008