1 Table of contents 17

ESOP Summary Plan Description

Introduction		4
Type of Plan		4
Plan Sponsor		4
Additional Adopting Employers		4
Purpose of this Summary		4
Plan Administration		4
Plan Trustees		4
Plan Administrator		4
Plan Number		4
Plan Year		4
Service of Legal Process		5
Service Crediting		5
Hour of Service		5
Year of Entry Service		5
Year of Vesting Service		5
Break in Vesting Service		5
Discretionary Contributions		5
How the Contribution Is Determined		5
How You Become a Participant		5
How You Qualify for a Contribution Allocation		6
How the Contribution Is Allocated		6
How Your Compensation Is Determined		6
How Your Vested Interest Is Determined		6
Top Heavy Requirements		6
Maximum Allocation Limitations		6
Distributions		7
Additional Distribution Information		7
Distributions for Reasons Other Than Death		7
Distributions Upon Death		7
Distribution Policy		8
Cash-Outs of Small Accounts		8
In-Service Withdrawals		8
Investment of Accounts		8
Tax Withholding on Distributions		9
Direct Rollovers not Subject to Tax		9
20% Withholding on Taxable Distributions		9
Participants Absent Because of Military Duty		9
Participants Who Die During Military Absence		9
Participants Who Become Disabled During Military Absence		9
Other Information		10
Attachment of Your Account		10
Amendment or Termination of the Plan		10
Accounts Are Not Insured		10
Payment of Plan Expenses		10
Voting of Company Stock		10
Claims Procedure		10
Exhaustion of Remedies		10
Grounds for Judicial Review		11
Written Claims		11
Review of Non-Disability Benefit Claims		11
● Initial Denial. Whenever the Administrator decides for any reason to deny a claim in whole or in part, the Administrator will give you a written or electronic notice of its decision within 90 days of the date the claim was filed, unless an extension...		11
● Notice of Denial. If your claim is denied, the notice will contain the following information: (a) the specific reasons for the denial; (b) reference to the specific Plan provisions on which the denial is based; (c) a description of any additional ma...		11
● Right to Appeal. Within the 60-day period beginning on the date you receive notice regarding disposition of your claim, you may request that the claim denial be reviewed by filing with the Administrator a written request for such review. The written...		12
● Review on Appeal. In general, your appeal will be reviewed within 60 days of the date it is received by the Administrator (unless special circumstances require an extension to 120 days and you are so notified before the end of the 60-day review peri...		12
Review of Disability Benefit Claims		12
● Initial Denial. Whenever the Administrator decides for any reason to deny a claim for a Disability benefit in whole or in part, the Administrator will transmit to you a written or electronic notice of its decision within 45 days of the date the clai...		12
● Notice of Denial. If your claim is denied, the notice will contain the following information: (a) the specific reasons for the denial; (b) reference to the specific Plan provisions on which the denial is based; (c) a description of any additional ma...		13
● Right to Appeal. Within the 180-day period beginning on the date you receive notice regarding disposition of your claim, you may request that the claim denial be reviewed by filing with the Administrator a written request for such review. The writte...		13
● Review by Alternate Reviewer. Review of a Disability Benefit claim that has been denied under the procedures described in the preceding two paragraphs will be conducted by a reviewer who is neither the individual who made the adverse benefit determi...		13
● Review on Appeal. In general, your appeal will be reviewed within 45 days of the date it is received by the Administrator (unless special circumstances require an extension to 90 days and you are so notified before the end of the 45-day review perio...		13
Statement of ERISA Rights		14
Your Right to Receive Information		14
Duties of Plan Fiduciaries		15
Enforcement of Rights		15
Assistance with Your Questions		15
Glossary		15
Highly Compensated Employee		16
Nonhighly Compensated Employee		16

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