NFL Collective Bargaining Agreement

Article 55
Player Annuity Program

Section 1

The current terms of the NFL Player Annuity Program (“Annuity Program”), a jointly administered Taft-Hartley multiemployer defined contribution program, will be continued and maintained in full force and effect during the term of this Agreement, except as amended below, and will continue to include a taxable portion (“Taxable Portion”), and a tax-qualified portion (“Qualified Portion”). The Annuity Program, and all future amendments thereto as adopted in accordance with the terms of that Program, are incorporated by reference and made a part of this Agreement; provided, however, that the terms used in such Program and the definitions of such terms are applicable only to such Program, and shall have no applicability to this Agreement unless the context of this Agreement specifically mandates the use of such terms.