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BOGDAHN
GROUP
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Sample Notification Letter
The following is a sample letter and transfer instructions that needs to be provided to your
custodian(s) and investment managers. You may copy and paste the text below directly onto
your letterhead. Please provide a copy to The Bogdahn Group of the letter(s) you send out.
Letter for Custodian
The Board of Trustees of the Tequesta General Employees' Pension Fund "the Fund" has
recently determined to separate their domestic equity and international equity portfolios managed
by Dana Advisors "Dana" across accounts held at Salem Trust.
Please understand that The Bogdahn Group, as consultants to the pension plan, does not have
investment discretion on the account, although they may be in contact with you to assist with the
transition of the assets.
Please accept this letter of authorization for the instructions set forth below:
^ Salem Trust is instructed to open a new account on behalf of the Tequesta General
Employees' Pension Fund and titled this account "Dana Intl Equity", and then rename the
existing account "Dana Balanced"
^ Salem Trust is then instructed to establish Dana with discretionary authority to trade
within the new "Dana Intl" account, and transfer assets across the accounts for Tequesta
General Employees' Pension Fund.
^ Upon establishment of Dana with the authority to trade within the accounts, and transfer
assets across these accounts, Dana should transfer all securities managed in their ADR
strategy into the new account "Dana Intl Equity" and manage this portfolio in line with
their ADR strategy.
Should there be any questions regarding this transaction, please coordinate and receive
instructions by the board's consultant, Mr. Daniel Johnson of the Bogdahn Group.
Salem Trust and Dana Advisors are instructed to include the Bogdahn Group in all electronic
correspondence through the transfer process as well as coordinate and/or reconcile any issues
regarding the overall transition. Salem Trust should then provide the Bogdahn Group with
electronic access and duplicate statements for these new accounts.
Contact Information
Dana Advisors
Mark R. Mirsberger CPA
(262) 782-9420 (P)
(262) 782-0581 (F)
mark(a~danainvestment.com
Salem Trust
Karen Russo
(954) 426-5770 (P)
(954) 725-4493 (F)
Karen.Russo~ salemtrust.com
The Bogdahn Group
Daniel Johnson
(904)655-3557 (P)
(863)292-8717 (F)
danjnu,bo„~dahnconsulting com
Thank you for your assistance in this matter.
Sincerely,
Authorized Signer, Tequesta General Employees' Pension Fund