Farm Credit Foundations I-1 Flex Plan Appendix I 01/01/16

APPENDIX I CHILD TERM LIFE INSURANCE PLAN

This Appendix I contains the terms and conditions specific to the child term life insurance coverage provided under Section 4.02(B) of the Flexible Benefits Plan. Unless otherwise altered by the terms of this Appendix I, the terms and conditions of the Flexible Benefits Plan are incorporated into and made applicable to this Child Term Life Insurance Plan.

Section I1.01 Child Term Life Insurance Plan. The Employer makes available child term life insurance coverage through a contract between the Employer and Minnesota Life Insurance Company (“Minnesota Life”) – Policy Number 33254-G (“Minnesota Life Policy”). The Minnesota Life Policy is attached hereto as Attachment I-1. Its provisions are incorporated herein by reference, solely as a description of the benefits provided by Minnesota Life. The Employer makes no promise and shall have no obligation to provide or pay such benefits from its own assets. For example, in the event of Minnesota Life’s insolvency, the Participant shall bear fully any and all risk of such insolvency. The rights and conditions with respect to the benefits payable under the Minnesota Life Policy shall be determined from the Minnesota Life Policy.

Section I1.02 Election to Participate. A Participant electing to reduce his/her Compensation in the amount of the applicable premium must do so on an after-tax basis. If a Participant does not elect to receive child term life insurance coverage under this Flexible Benefits Plan, the Employer will not provide his/her Dependents any child term life insurance.

ATTACHMENT I-1

CHILD TERM LIFE INSURANCE PLAN

Minnesota Life Insurance Company

Group Policy Number 33254-G

Please place a copy of the underlying insurance policy behind this page.