Trust Agreement

The Trust Agreement, including Attachment A, is the PSC-CUNY Welfare Fund Trust Indenture (hereinafter referred to as “Indenture”) entered into on the 30th day of July 2007 among THE CITY UNIVERSITY OF NEW YORK (hereinafter referred to as “CUNY” or “the University” and formerly known as the Board of Higher Education of the City of New York), the PSC-CUNY WELFARE FUND, an unincorporated association (hereinafter referred to as the “FUND”, and formerly known as the City University Faculty Welfare Fund and, at one time, the PSC-BHE Welfare Fund and sometimes formerly referred to as the City University Faculty Welfare Trustees and the PSC-BHE Welfare Trustees), and the PROFESSIONAL STAFF CONGRESS/CUNY, the collective bargaining representative for the CUNY instructional staff (hereinafter referred to as “the PSC”).