Smith Family Memorial Fund

In compliance with the trust agreement dated november 22, 1983, after the death of harry c. Smith, the smith family memorial fund was established for the purpose of making grant payments to the jewish community federation of cleveland in cleveland, ohio. All payments made pursuant to the provisions of this trust shall be applied by the federation for one or more social service, education, and/or welfare programs in the united states as the governing body of the federation shall from time to time determine. Under the ohio institutional trust funds act of 1999, the beneficiary has chosen to receive the maximum of income based on the greater of 5% of afv or traditional income. Furthermore, keybank maintains a responsiveness to the needs and activities of the jewish community federation in the attainment of its mission and may amend the trust document to enable this trust fund to qualify or continue to qualify as a charitable trust.