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. ADMINISTRATION CONTRACT This Administration Contract made and executed the J...:"hday of December 2004, by and between City of Mounds View hereinafter referred to as "Plan Sponsor", and Secure Benefits Systems Corp. hereinafter referred to as the "Contract Administrator" RECiTALS The contract Administrator is engaged in the business of performing services as Section 125 Flex Plan Consultants and Administrators. The Plan Sponsor hereby engages the services of the Contract Administrator to provide administrative services for City of Mounds View 125 Plan. hereinafter referred to as "Plan.' For and in consideration of the mutual covenants herein contained and the monetary consideration herein recited. It IS mutually agreed as follows: 1. Services to be Performed. The Contract Administrator shall peliorm for the Plan Sponsor administrative services in conjunction with the operation of the Plan. The administrative services to be performed by the Contract Administrator are set fOl1h in Exhibit A. attached hereto and by reference made a part hereof for all purposes. . (cr}As- a-partufthe-servil.."" lv be-petiormed-by-the-€mltl act Administrator. the Contract Administrator shall maintain and operate A'l administrative office for such purposes and to pay all normal costs And.expenses for such maintenance and operation (except as herein Set forth). (b) The Contract Administrator shall employ a sufficient staff of employees or others to provide the administrative services to be performed by the Contract Administrator hereunder. The Contract Administrator will not provide or be responsible for the expense and cost of legal counsel, actuaries, certified public accountants. investment counselors, investment analysts or similar type services performed for the Plan Sponsor; and the Administrator shall not be authorized to engage such services or incur any expense or cost therefore without the written consent of the Pian Sponsor. I n the event that the Contract Administrator at the request of the Plan Sponsor engages such services, the Plan Sponsor shall be responsible for such services and the cost and expense thereof. (c) The services to be performed by the Contract Administrator shall be rvlinisterial in nature and shall be performed within the framework of policies, interpretations, rules, practices and procedures made or established by the Plan Sponsor. .