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Health Fund

Article 8, Section 5.

This Trust Agreement may be amended by a vote of three-fourths of the Trustees present and voting at a meeting of the Trustees at which a quorum is present. Any Trustee may require a unit vote in accordance with the provisions of Section 5 of Article VI.

No amendment of or change in the Health Fund may be adopted which will alter the basic principles hereof or be in conflict with the then existing collective bargaining agreements or contrary to any applicable law or governmental rule or regulation. No amendment may be adopted which will cause any of the assets of the Health Fund to be used for or diverted to purposes other than those herein authorized or which will retroactively deprive any person of any vested benefit; except any amendment may be made which is required as a condition to obtaining or retaining the approval of the Health Fund by the Internal Revenue Service under the Internal Revenue Code or the Franchise Tax Board under the California Revenue and Taxation Code as either are now in effect or hereafter amended to the end that any contributions made to the Health Fund by the Producers are deductible for federal income tax and California state franchise tax purposes.

Whenever an amendment is adopted in accordance with this Article, a copy thereof shall be distributed to each Principal and Alternate Trustee and the Trustees shall notify any other necessary persons or parties thereof and shall execute any necessary instrument or instruments in connection therewith.