HomeMy WebLinkAboutSTI Classic Funds Authorization and Consent Form -1998 04 28
EMPLOYEE BENEFIT PLAN ACCOUNT
AUTHORIZATION AND CONSENT FORM
STI CLASSIC FUNDS
As fiduciary for the Defined Benefit Plan and Trustfor Employees of the City of
Winter Springs ("Plan"), we hereby authorize and consent to your investment of the
assets of the Plan in the STI Classic Funds where consistent with the investment
objectives for such assets as agreed upon from time to time.
We understand that the STI Classic Funds pay an investment advisory fee and fees
for other services and that the part of such investment advisory fee which is
allocable to the Plan will be rebated promptly each month in cash to the Plan's
account and will be invested in accordance with the investment objectives for the
assets of the Plan. However, the fees paid by the Plan to you or to one of your
affiliates will not be reduced or otherwise impacted in any way on account of any
fees paid to you or to one of the Sun Trust Banks, Inc. affiliates by the STI Classic
Funds for services other than investment advisory services. Please refer to the fund
prospectus for "other fund expenses".
We give this authorization and consent after reviewing the "other expenses" in the
prospectus for the STI Classic Fund(s). We understand that any change in such fee
schedule or fee rebate arrangement will be promptly communicated to us.
We intend that this authorization and consent remain in effect until revoked by us,
and we understand that we can revoke this authorization and consent at any time
without penalty.
By:
Title:
Employer:
Date:
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City Manager
City of Winter Springs
April 28. 1998
CONSENT G