SEC Contract Filing

Filing Date: 2017-02-24

Document Content:
<DOCUMENT>
<TYPE>EX-10.24
<SEQUENCE>6
<FILENAME>ex1024201610-k.htm
<DESCRIPTION>EXHIBIT 10.24
<TEXT>
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<div><a name="s5d788c83d58f433e9ece87c11e68eb10"></a></div><div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Exhibit 10.24</font></div><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;font-weight:bold;">Contract No. 051104-0004-0000 </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">&#32;Massachusetts Mutual Life Insurance Company</font></div><div style="line-height:120%;text-align:center;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">VOLUME SUBMITTER PROFIT SHARING/401(k) PLAN</font></div><div style="line-height:120%;text-align:center;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">ADOPTION AGREEMENT</font></div><div style="line-height:120%;text-align:center;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">&#160;</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">By executing this Volume Submitter Profit Sharing/401(k) Plan Adoption Agreement (the "Agreement"), the undersigned Employer agrees to establish or continue a Profit Sharing/401(k) Plan. The Profit Sharing/401(k) Plan adopted by the Employer consists of the Defined Contribution Volume Submitter Plan and Trust Basic Plan Document #04 (the "BPD") and the elections made under this Agreement (collectively referred to as the "Plan"). An Employer may jointly co-sponsor the Plan by signing a Participating Employer Adoption Page, which is attached to this Agreement. </font><font style="font-family:Arial;font-size:9pt;font-weight:bold;">This Plan is effective as of the Effective Date identified on the Signature Page of this Agreement.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">In completing the provisions of this Adoption Agreement, unless designated otherwise, selections under the Deferral column apply to all Salary Deferrals (including Roth Deferrals and Catch-Up Contributions) and After-Tax Employee Contributions. In addition, selections under the Deferral column apply to any Safe Harbor Contributions, unless designated otherwise under AA &#167;6C, and also apply to any QNECs and/or QMACs made under the Plan, unless designated otherwise under AA &#167;6D. The selections under the Match column apply to Matching Contributions under AA &#167;6B and selections under the ER column apply to Employer Contributions under AA &#167;6. </font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">SECTION 1</font></div><div style="line-height:120%;text-align:center;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">EMPLOYER INFORMATION</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-style:italic;">The information contained in this Section 1 is informational only. The information set forth in this Section 1 may be modified without amending this Agreement. Any changes to this Section 1 may be accomplished by substituting a new Section 1 with the updated information. The information contained in this Section 1 is not required for qualification purposes and any changes to the provisions under this Section 1 will not affect the Employer's reliance on the IRS Favorable Letter.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:9pt;">1-1</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:9pt;font-weight:bold;">EMPLOYER INFORMATION: </font></div><div style="line-height:120%;padding-top:8px;text-align:left;padding-left:36px;font-size:10pt;"><font style="font-family:Arial;font-size:9pt;">Name: </font><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">Rayonier Advanced Materials Inc.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;padding-top:8px;text-align:left;padding-left:36px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Address: </font></div><div style="line-height:120%;padding-top:4px;text-align:left;padding-left:84px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">1301 Riverplace Blvd, Suite 2300</font></div><div style="line-height:120%;padding-top:4px;text-align:left;padding-left:84px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">Jacksonville, Florida 33207-9062</font></div><div style="line-height:120%;padding-top:8px;text-align:left;padding-left:36px;font-size:10pt;"><font style="font-family:Arial;font-size:9pt;">Telephone: </font><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">(904) 357-4600</font><font style="font-famil