Full name: [your company name]

[date]2016

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Deed of participation of new participating employer in the corpad master trust

between

corporate pensions administration limited (principal employer)

and

mr clifford jackson mcauley

mr jonathan young

ms gillian best (trustees)

and

[your company name]

Contents

Clause

1.Interpretation

2.Admission as Participating Employer

3.Nomination by the New Participating Employer

4.Governing law

5.Jurisdiction

Schedule

ScheduleDeeds

1.DEEDS AND SUPPLEMENTARY DEEDS RELATING TO THE SCHEME

THIS DEED is dated

Parties

(1)CORPORATE PENSIONS ADMINISTRATION LIMITED incorporated and registered in England and Wales with company number 6140564 whose registered office is at Axis House, Nepshaw Lane South, Morley, Leeds, LS27 0RS (Principal Employer).

(2)MR CLIFFORD JACKSON MCAULEY of Hanging Bank House, Wheatsheaf Hill, Ide Hill, Kent, TN14 6DF, MR JONATHAN MARK ARMITAGE YOUNG OF 6 Wharf Road, Crowle, North Lincolnshire, DN17 4HS and MS GILLIAN KAREN BEST of 74 Marston Avenue, Morley, Leeds, West Yorkshire, LS27 0RS (TheTrustees).

(3)[your company name] incorporated and registered in Scotland with company number[SC ----] whose registered office is at [registered address]

(New Participating Employer).

Background

(A)The Scheme is governed by the Deed and Rules. This deed is supplemental to the Deed and Rules and the deeds set out in the Schedule.

(B)The Principal Employer is the present principal employer under the Scheme.

(C)The Trustees are the present trustees of the Scheme.

(D)Clause 13(a) of the Deed provides that the Principal Employer can admit an employer as a Participating Employer in the Scheme, subject to the consent of the Trustee(s).

(E)The Principal Employer has decided to admit the New Participating Employer to participate in the Scheme.

Operative part

1.Interpretation

The following definitions and rules of interpretation apply in this deed.

1.1Definitions:

Deed and Rules: the definitive trust deed and rules dated 1st January 2014 made between the Principal Employer and the Trustee[s].

PA 1995: Pensions Act 1995.

Scheme: The Corpad Master Trust

1.2Clause, Schedule and paragraph headings shall not affect the interpretation of this deed.

1.3A person includes a natural person, corporate or unincorporated body (whether or not having separate legal personality) [and that person's personal representatives, successors and permitted assigns].

1.4The Schedules form part of this deed and shall have effect as if set out in full in the body of this deed. Any reference to this deed includes the Schedules.

1.5A reference to a company shall include any company, corporation or other body corporate, wherever and however incorporated or established.

1.6Unless the context otherwise requires, words in the singular shall include the plural and in the plural shall include the singular.

1.7Unless the context otherwise requires, a reference to one gender shall include a reference to the other genders.

1.8A reference to any party shall include that party's personal representatives, successors and permitted assigns.

1.9A reference to a statute or statutory provision is a reference to it as amended, extended or re-enacted from time to time

1.10A reference to a statute or statutory provision shall include all subordinate legislation made from time to time under that statute or statutory provision.

1.11A reference to writing or written includes fax and e-mail

1.12Any obligation on a party not to do something includes an obligation not to allow that thing to be done.

1.13References to a document in agreed form are to that document in the form agreed by the parties and initialled by or on their behalf for identification.

1.14 A reference to this deed or to any other deed or document referred to in this deed is a reference to this deed or such other deed or document as varied or novated (in each case, other than in breach of the provisions of this deed) from time to time.

1.15References to clauses and Schedules are to the clauses and Schedules of this deed and references to paragraphs are to paragraphs of the relevant Schedule.

1.16Any words following the terms including, include, in particular, for example or any similar expression shall be construed as illustrative and shall not limit the sense of the words, description, definition, phrase or term preceding those terms.

2.Admission as Participating Employer

2.1With effect from [staging date]the Principal Employer admits the New Participating Employer as a Participating Employer in the Scheme.

2.2The trustee consents to the admission of the New Participating Employer as a Participating Employer in the Scheme.

2.3The New Participating Employer covenants with the Trustee that it will discharge the duties and obligations imposed upon it as a Participating Employer under the Deed and Rules.

3.Nomination by the New Participating Employer

The New Participating Employer nominates the Principal Employer to act for it in relation to the Scheme for any legislative provisions which allow one employer in a Multi-employer Scheme to act for all the employers participating in the Scheme.

4.Governing law

This deed and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of England and Wales.

5.Jurisdiction

Each party irrevocably agrees that the courts of England and Wales shall have [exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this deed or its subject matter or formation (including non-contractual disputes or claims).

This document has been executed as a deed and is delivered and takes effect on the date stated at the beginning of it.

ScheduleDeeds

1.DEEDS AND SUPPLEMENTARY DEEDS RELATING TO THE SCHEME

(I)Definitive Trust deed and rules dated 1st january 2014

Executed as a deed by CORPORATE PENSIONS ADMINSITRATION LIMITED acting by ROBERT TREVOR BEST, a director, in the presence of:
Witness signature:
Name:
Address
Occupation / ......
ROBERT TREVOR BEST
Director
......
......
......
......
......
Executed as a deed by THE TRUSTEES OF THE CORPAD MASTER TRUST acting by JONATHAN MARK ARMITAGE YOUNG, Secretary to the Trusts, in the presence of:
Witness signature:
Name:
Address
Occupation / ......
JONATHAN MARK ARMITAGE YOUNG
SECRETARY
......
......
......
......
......
Executed as a deed by acting by
[director name], a director, in the presence of:
Witness signature:
Name:
Address
Occupation / ......
[SIGNATURE OF DIRECTOR]
Director
......
......
......
......
......

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