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A. Limitation of Rights; Employment Relationship. Neither the establishment of this Plan nor any modification thereof, nor the creation of any fund or account, nor the payment of any benefits, shall be construed as giving a Participant or other person any legal or equitable right against the Employer except as provided in the Plan. In no event shall the terms of employment of any Employee be modified or in any way affected by the Plan.

B. Limitation on Assignment. Except to the extent required under a final judgment, decree, or order (including approval of a property settlement agreement) made pursuant to a state domestic relations law, no Participant or Beneficiary shall have any right to commute, sell, assign, pledge, transfer or otherwise convey or encumber the right to receive any payments hereunder, which payments and rights are expressly declared to be non-assignable and non-transferable.

C. Representations. The Employer does not represent or guarantee that any particular federal or state income, payroll, personal property or other tax consequence will result from participation in this Plan. A Participant should consult with professional tax advisors to determine the tax consequences of his or her participation. Further, the Employer does not represent or guarantee successful investment of Plan funds and assets, and shall not be required to repay any loss which may result from such investment or lack of investment.

D. Severability. If a court of competent jurisdiction holds any provisions of this Plan invalid or unenforceable, the remaining provisions of the Plan shall continue to be fully effective.

E. Applicable Law. This Plan shall be construed in accordance with applicable federal law and, to the extent otherwise applicable, the laws of the State of Washington.

(Ord. 94-140 § 1, 1994; Ord. 90-138 § 1 (part), 1990)