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Icahn Conversion to T. Rowe Price

Icahn Conversion to T. Rowe Price. DaVita Inc. Conversion to T. Rowe Price. IT’S ABOUT BEING THERE. Overview. ƒ. Submit test data. Plan features and resume on system. ƒ. TRP to submit test salary deferral & loan extract file. Full services begin. ƒ. ƒ. ƒ. Employee meetings.

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Icahn Conversion to T. Rowe Price

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  1. Icahn Conversion to T. Rowe Price DaVita Inc. Conversion to T. Rowe Price IT’S ABOUT BEING THERE.

  2. Overview ƒ • Submit test data • Plan features and resume on system ƒ • TRP to submit test salary deferral & loan extract file Full servicesbegin ƒ ƒ ƒ • Employee meetings • Window period turned on for auto investment • Service agreementfinalized and executed • Plan sponsor approval • Formalize investment strategy • Send live start-up files DaVita, IncTeam • Approve administrative procedures • Begin sending live maintenance files • Conversion money to TRP • Initial planningsession w/TRP • Prepare service agreement • Follow-up with Fidelity Test valuation from Fidelity • Conversion data to TRP • First conference calls with Fidelity TRP ConversionTeam • Create participantdata base • Conference calls • Post conversion • Communications audit • Begin production • Information kits sent Phone lines open DaVita, Inc Participant • Announcementletter mailed • Conversion brochure & SOX notice distributed

  3. October Objectives DaVita, Inc October 2009Milestones TRP Participant • TRP Team: • Review Plan documents/Summary Plan Description • Prepare implementation manual • Prepare communication audit document • Identify key decisions and outstanding questions • Prepare administrative procedures for review with DaVita, Inc • DaVita, Inc Team: • Deliver Plan documents/Summary Plan Description • Identify internal resources • Notify Fidelity • Select investment menu • Identify employee meeting needs • Finalize plan design • Combined Team: • Conduct initial planning meeting • Plan design • Services • Determine payroll required files • Determine payroll file layouts • Determine payroll file testing timing • Conduct communication audit • Identify processing time frames and due dates • Establish communications success criteria • Conduct regularly scheduled status meeting conference calls • 10/7 Plan Sponsor selects investment menu • 10/15 Initial planning session/Communication audit (Discuss plan design/payroll services)

  4. November Objectives DaVita, Inc November 2009Milestones TRP Participant • TRP Team: • Prepare conversion brochures and SOX notices for review • Prepare service agreement and Trust agreement • Review and evaluate data feed for contribution/maintenance files • Setting up the plan features on the recordkeeping system • Concept presentation for communications strategy • DaVita, Inc Team: • Review service agreement and provide comments • Review administrative procedures • Provide final approval for communications strategy concept • Combined Team: • Conduct regularly scheduled status meeting conference calls • Announcement letter distributed • Conference calls with Fidelity • 11/12 Finalize communication strategy concept • 11/2Conference calls with Fidelity • 11/5Concept presentation for communication strategy • 11/25 Announcement letter mailed

  5. December Objectives DaVita, Inc December 2009Milestones TRP Participant • TRP Team: • Set up system for employees to obtain general plan information and fund information • Develop and review plan text for phone representatives • Fidelity to send test valuation file • Reconcile test conversion from Fidelity • Identify data/assets issue • Prepare test salary deferral and loan extract file • Review test data for contribution and maintenance • DaVita, Inc Team: • Prepare live start-up file • Prepare test data for contribution/maintenance • Review comments on test results • Review and provide comments on test salary deferral and loan extract • Review and approve conversion brochures and SOX notices • Combined Team: • Conduct regularly scheduled status meeting conference calls • Follow-up call with Fidelity • 12/1 Submit test data (indicative data and contribution) • 12/28Submit live start-up • 12/7 Test valuation from Fidelity • 12/11TRP to submit test salary deferral and loan extract files • 12/15Follow up call with Fidelity • 12/18 Conversion brochure and SOX notice distributed

  6. January Objectives DaVita, Inc January 2010Milestones TRP Participant • TRP Team: • Post live start-up to populate participant data base on TRP recordkeeping system • Conduct employee meetings • Window period turned on for auto investment opt out • Finalize and execute service agreements • Finalize administrative procedures • Post first live maintenance file • Open phone lines for plan & fund information • DaVita, Inc Team: • Review and finalize service agreements • Finalize administrative procedures • Prepare first live maintenance file to TRP • Combined Team: • Conduct regularly scheduled status meeting conference calls • 1/2Live start-up data posted to create participant database • 1/15Execute service agreements • 1/9Live maintenance files begin • 1/7-1/21Window period turned on for auto investment opt out • 1/1Information kits sent • 1/4Phone lines open for plan and fund information • 1/7-1/18Conduct employee meetings

  7. February Objectives DaVita, Inc February 2010Milestones TRP Participant • TRP Team: • Conversion money to TRP • Conversion data to TRP • Post conversions • Set up participant’s statement format • Post first contribution files • DaVita, Inc Team: • Review and authorize posting of conversion • Review and approve participant’s statements • Prepare first contribution feed for transmission to TRP • Combined Team: • Conduct regularly scheduled status meeting conference calls • Finalize any outstanding conversion items • Transition to day-to-day team • 2/8 Fidelity sends conversion data to TRP • 2/11-2/15Authorize posting of conversion • 2/4 Invest assets • 2/11-2/15Reconcile and post conversion • 2/16Full service begins

  8. Overview ƒ • Submit test data • Plan features and resume on system ƒ • TRP to submit test salary deferral & loan extract file Full servicesbegin ƒ ƒ ƒ • Employee meetings • Window period turned on for auto investment • Service agreementfinalized and executed • Plan sponsor approval • Formalize investment strategy • Send live start-up files DaVita, IncTeam • Approve administrative procedures • Begin sending live maintenance files • Conversion money to TRP • Initial planningsession w/TRP • Prepare service agreement • Follow-up with Fidelity Successful conversion of the plan! Test valuation from Fidelity • Conversion data to TRP • First conference calls with Fidelity TRP ConversionTeam • Create participantdata base • Conference calls • Post conversion • Communications audit • Begin production • Information kits sent Phone lines open DaVita, Inc Participant • Announcementletter mailed • Conversion brochure & SOX notice distributed

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