Ralph E. Frahm & Erika C. Frahm - Page 4




                                        - 4 -                                         
               SECTION 4 - Selection of Benefits                                      
               The benefits and amounts selected below will be offered to each        
               employee (and their family) listed in Section 3. * * * The             
               employer agrees to reimburse:                                          
               :   Health Insurance Premium reimbursements up to $ ALL (may use       
               ALL).                                                                  
               :   Out of Pocket medical reimbursements up to $5000.                  
               9   Dental Insurance Premiums.                                         
               The benefits selected below will be offered to the employee only       
               (other family members excluded):                                       
               9 Employee Term life Insurance ($50,000 Maximum) 9 Employee            
                    Disability                                                        
                    Insurance                                                         
               SECTION 5 - Authorization and Payment                                  
               The undersigned employer [Mr. Frahm] hereby executes this              
               agreement on the 17 day of Aug, 1998 and the plan start date shall     
               be January 1st of this year * * *  [Reproduced literally.]             
               During each of the years 2000, 2001, and 2002, pursuant to             
          the authorization that he signed to provide a medical reimburse-            
          ment plan under AgriPlan/AgriBiz, Mr. Frahm provided such a plan            
          (AgriPlan/AgriBiz medical reimbursement plan) for the benefit of            
          Ms. Frahm and her family (i.e., Ms. Frahm and her spouse Mr.                
          Frahm).  At all relevant times, Ms. Frahm met the eligibility               
          requirements to receive benefits under that plan.                           
               On a date not disclosed by the record prior to July 1, 2000,           
          Mr. Frahm completed a preprinted application form (Mr. Frahm’s              
          Wellmark Plan C application)2 in which he applied to                        
          Wellmark/Blue Cross and Blue Shield of Iowa (Wellmark) for a so-            
          called Plan C health insurance policy to cover himself and Ms.              


               2The title of Mr. Frahm’s Wellmark Plan C application is not           
          disclosed by the record.                                                    




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Last modified: March 27, 2008