The Pennsylvania Polaris 401(k) Retirement Savings Plan Trust Agreement is a legally binding document that outlines the terms and conditions for the establishment of a trust between Polaris Industries, Inc. and Fidelity Management Trust Co. The purpose of this agreement is to provide a retirement savings plan for eligible employees of Polaris Industries, Inc. The Trust Agreement ensures that the assets contributed by employees, employer contributions, and associated investment earnings are handled and managed in accordance with the provisions set forth in the agreement. It specifies the roles and responsibilities of both parties and creates a framework for the administration and operation of the trust. One type of Pennsylvania Polaris 401(k) Retirement Savings Plan Trust Agreement may be a Defined Contribution Plan. In this type of agreement, employees have the opportunity to contribute a portion of their salary on a pre-tax basis to the trust, and the employer may match a portion of the employee's contribution. The funds are then invested according to the investment options available within the plan, such as mutual funds or other approved investment vehicles. The ultimate benefit received by employees upon retirement is based on the value of the contributions and investment earnings in their individual accounts. Another type of Pennsylvania Polaris 401(k) Retirement Savings Plan Trust Agreement may be a Roth 401(k) Plan. This allows employees to make contributions on an after-tax basis, meaning that withdrawals in retirement are tax-free. Like the Defined Contribution Plan, the employer may still provide matching contributions within the limits defined in the agreement. Other variations of the Pennsylvania Polaris 401(k) Retirement Savings Plan Trust Agreement may exist to accommodate specific requirements and objectives established by Polaris Industries, Inc. and Fidelity Management Trust Co. These variations could include different vesting schedules, eligibility criteria, investment options, or plan features. Overall, the Pennsylvania Polaris 401(k) Retirement Savings Plan Trust Agreement serves as the foundation for creating a secure and structured retirement savings plan for eligible employees of Polaris Industries, Inc. It establishes guidelines for the establishment, administration, and management of the trust, ensuring that participants' contributions are prudently invested and protected for their future retirement needs.