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RIF Declaration of Trust 326

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If we or our Agent make a payment or transfer of all the assets of the Fund or a transfer to a registered retirement savings plan or a registered retirement income fund, for which we are not trustee, we shall be entitled to deduct a special service fee from any such transfer or additional payment amount. Notwithstanding anything herein contained, we are empowered to realize, at our sole discretion, sufficient assets forming part of the Trust Fund for payment of the fees and expenses referred to above. Any such realization shall be made at such price or prices as we may, in our sole discretion, determine and we shall not be responsible for any loss occasioned by any such realization. 14. Amendment: We may, from time to time at our discretion, amend this Declaration of Trust with the concurrence of the authorities administering the Applicable Tax Legislation by giving at least 60 days notice in writing to you; provided, however that any such amendments shall not have the effect of disqualifying the Fund as a registered retirement income fund within the meaning of the Applicable Tax Legislation. 15. Notice: Any notices, demands, orders, document or any other written communication we may forward to you by mail, postage paid, to your address indicated on the Application (or subsequent written notification of a new address which we acknowledge received) shall be deemed to be received by you two business days after such mailing. You acknowledge that we shall be under no further obligation, except as may be required by applicable law, to locate you for the purpose of forwarding any such notices, demands, orders, documents or any other written communication. 16. Limitation of Liability: i. We will exercise the care, diligence and skill of a reasonably prudent person to minimize the possibility of a non-qualified investment (as defined in the Act in relation to a registered plan) being acquired or held by the Fund. ii. Notwithstanding any other provision hereof, we (including, for greater certainty, our Agent) will not be liable in our personal capacity for or in respect of: a. any taxes or interest which may be imposed on the Fund under Applicable Tax Legislation (whether by way of assessment, reassessment or otherwise) or for any other charge levied or imposed by any governmental authority upon or in respect of the Fund, as a result of the purchase, retention or sale of any investment including, without limiting the generality of the foregoing, non-qualified investments, other than taxes and penalties imposed on us arising from our personal liability, including without limitation, arising from our administrative error, under Applicable Tax Legislation; or b. any loss suffered or incurred by the Fund, you or any beneficiary under the Fund caused by or resulting from us acting or declining to act upon any instruction given to us, whether by you, a person designated by you or any person purporting to be you, unless caused by our dishonesty, bad faith, willful misconduct, gross negligence or reckless disregard. iii. You, your legal personal representatives and each beneficiary under the Fund will at all times, indemnify and save us and our Agent harmless in respect of any taxes, interest, penalties or other governmental charges which may be levied or imposed on each of us in respect of the Fund or any losses (other than losses for which we or our Agent are liable in accordance herewith) as a result of the purchase, retention or transfer of any investment or as a result of payments out of the Fund made in accordance with this Declaration of Trust or as a result of us acting or declining to act on any instruction you have given us. You, where required or requested, will provide our Agent with such information as it may require in order to value assets being acquired or held by the Fund. 17. Replacement of Trustee: We may resign as trustee and we shall be discharged from all further duties and liabilities hereunder upon 90 days notice in writing to you or such shorter notice as you shall accept as sufficient. You in like manner, may terminate our services and may appoint a successor trustee, acceptable under the provisions of the Applicable Tax Legislation. In the event of a change of trustee, we shall transfer the balance of the Trust Fund to the successor trustee within thirty (30) days after the effective date of such change. Such a transfer will be subject to the requirements of Article 8 hereof and subsections 146.3(2)(e.1) or (e.2) of the Act. 18. Governing Law: This Declaration of Trust shall be governed by and construed in accordance with the laws of the Province of Alberta (and with respect to any locking-in addendum to the Fund containing provisions required by applicable pension legislation, in accordance with such applicable pension legislation), the Applicable Tax Legislation and any other federal laws of Canada, which may be applicable. Form 326 (Rev. 09/18) ATB Wealth consists of a range of financial services provided by ATB Financial and certain of its subsidiaries. Page 3 of 3 ATB Investment Management Inc., ATB Securities Inc., and ATB Insurance Advisors Inc. are individually licensed users of the registered trade name ATB Wealth. ATB Securities Inc. is a member of the Canadian Investor Protection Fund and Investment Industry Regulatory Organization of Canada

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