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notice to the Employers and Unions participating in the Trust that it proposes a <br /> change in the funding option utilized by the Trust. If Unions representing a majority <br /> of Participants and if Employers employing a majority of Participants object to the <br /> proposed change in funding option in writing to the Administrator within 30 days <br /> after the date of the Administrator's notification mailing, then the change in <br /> funding option shall not become effective. If there is no sufficient objection and <br /> the participating groups have thereby approved the change, the Administrator <br /> shall direct the assets to be invested in the new funding option. <br /> b) Chanqe Proposed by Participatina Emplover or Union. If a <br /> participating Employer or participating Union requests in writing to the <br /> Administrator a change in the funding option utilized by the Trust, the Administrator <br /> shall direct the Investment Manager to conduct a thorough evaluation of the <br /> appropriateness and suitability of the proposed funding option within the <br /> guidelines established in the funding policy. If determined suitable, the <br /> Administrator shall notify all applicable Unions and Employer representatives of <br /> such request(s). If Unions representing a majority of Participants and if Employers <br /> employing a majority of Participants provide their written agreement to the <br /> Administrator within 30 days that the change in funding options be made, the <br /> Administrator and Trustee shall cause such change to be made within a <br /> reasonable time period after receiving the majority's approval. <br /> 23 <br />