Exhibit 10.45

VOYA RETIREMENT PLAN

Amended and Restated
Effective January 1, 2018

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VOYA RETIREMENT PLAN
As amended and restated effective as of January 1, 2018

Introduction

ING North America Insurance Corporation (now known as Voya Services Company)
(the “Company”) assumed sponsorship of the ING Retirement Plan for Employees of
Equitable Life Insurance Company of Iowa, as amended and restated as of January
1, 2000, effective on or about December 14, 2001. Equitable Life Insurance
Company of Iowa, a subsidiary of the Company, established the Equitable Life
Insurance Company of Iowa Employees Retirement Plan, effective January 1, 1937.
The name was changed to the ING Retirement Plan for Employees of Equitable Life
Insurance Company of Iowa, effective January 1, 2000 (the “Plan”). The Plan was
subsequently renamed the ING Americas Retirement Plan coincident with the
Company assuming sponsorship of the Plan. The Plan has been amended several
times since January 1, 2000. Throughout its history, the Plan has been
maintained in compliance with applicable laws as in existence from time to time.
Effective December 18, 2013, the Plan was renamed the “ING U.S. Retirement
Plan,” and, effective September 1, 2014, further renamed the “Voya Retirement
Plan.”
Effective as of December 31, 2001, each of the following plans was merged into
the Plan:
•
ING Retirement Plan for Aetna Financial Services & Aetna International Employees
(AFS Plan);

•
ING Retirement Plan for Employees of Life Insurance Company of Georgia and Its
Affiliates (LOG Plan);

•
ING Retirement Plan for Employees of Security Life of Denver Insurance Company
(SLD Plan);

•
Retirement Plan for Employees of ReliaStar Financial Corp. and Its Subsidiaries
(ReliaStar Plan); and

•
Lexington Management Corporation Retirement Plan (Lexington Plan).

Effective as of January 1, 2004, employees of ING Financial Services LLC on
December 31, 2003, who became employees of ING Investment Management LLC on
January 1, 2004 and who were participants in the ING Financial Services LLC
Retirement Plan (“Financial Services Plan”) on December 31, 2003, became fully
Vested participants in the Plan.
Throughout the text, these plans together with other unnamed plans that were
previously merged into one of the plans named above, are referred to,
collectively, as the “Prior Plans” and, individually, as a “Prior Plan.”

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The Plan was last restated effective September 15, 2017. The Plan is hereby
amended and restated to incorporate a plan amendment dated December 20, 2017 and
to make certain technical clarifications effective January 1, 2018.

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Table of Contents

Page
ARTICLE 1 DEFINITIONS        1
1.1    Account        1
1.2    Account Balance        1
1.3    Accrued Benefit        1
1.4    Actuarial Equivalent or Actuarial Equivalence    1
1.5    Aeltus Participant        2
1.6    Affiliate        2
1.7    AFS Minimum Benefit        2
1.8    AFS Non-Specified Transition Participant    2
1.9    AFS Plan        2
1.10    AFS Specified Transition Participant    2
1.11    AFS Transition Participant        3
1.12    Applicable Interest Rate        3
1.13    Applicable Mortality Table        3
1.14    Benefit Commencement Date        3
1.15    Beneficiary        4
1.16    Benefit Service        4
1.17    Board        4
1.18    Break in Service        4
1.19    Cash Balance Pension Formula        5
1.20    Cash Balance Pension Formula Accrued Benefit    5
1.21    Cash Balance Transition Date        5
1.22    Citigroup        5
1.23    CitiStreet        5
1.24    Code        5
1.25    Committee or Committees        5
1.26    Company        5
1.27    Compensation        5
1.28    Controlled Group        7
1.29    Controlled Group Member        7
1.30    Covered Compensation        7
1.31    Delayed Retirement Date        7
1.32    Disability or Disabled        7
1.33    Domestic Partner        8
1.34    Disabled Vested Participant        8
1.35    Earliest Retirement Date        8
1.36    Early Retirement Date        8
1.37    Effective Date        8
1.38    EIC Plan        8
1.39    Eligible Employee        8

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1.40    Employee        9
1.41    Employer        9
1.42    Employment        9
1.43    ERISA        9
1.44    Final Average Compensation        9
1.45    Final Average Pay Pension Formula    12
1.46    Final Average Pay Pension Formula Accrued Benefit    12
1.47    Financial Services Plan        12
1.48    Five-Year Break        12
1.49    Hours of Service        12
1.50    Immediate Annuity        14
1.51    Insurance Company        14
1.52    Insurance Contract        14
1.53    Interest Credit        14
1.54    Interest Credit Percentage        14
1.55    Leased Employee        14
1.56    Lexington Plan        14
1.57    LOG Field Force Plan        14
1.58    LOG Plan        14
1.59    Mergers        15
1.60    Net ING Benefit        15
1.61    Normal Form        15
1.62    Normal Retirement Age        15
1.63    Normal Retirement Date        15
1.64    Northern Plan        15
1.65    One-Year Break        15
1.66    Optional Form        15
1.67    Participant        15
1.68    Pay Credit        16
1.69    Plan        16
1.70    Plan Administrative Committee or PAC    16
1.71    Plan Administrator        16
1.72    Plan Investment Committee or PIC    16
1.73    Plan Year        16
1.74    Post-2001 Benefit        16
1.75    Prior Plan        16
1.76    Prior Plan Account Balance        16
1.77    Prior Plan Benefit        16
1.78    QPSA        16
1.79    ReliaStar Plan        16
1.80    Security-Connecticut Plan        16
1.81    SLD Plan        16
1.82    Social Security Retirement Age        16
1.83    Southland Plan        17
1.84    Spouse        17

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1.85    State Street        17
1.86    Statutory Employee        17
1.87    Termination Date        17
1.88    TNIC Plan        17
1.89    Transferred CitiStreet Employee        17
1.90    Trust or Trust Fund        17
1.91    Trustee        18
1.92    USERRA        18
1.93    USLICO Plan        18
1.94    Vested        18
1.95    Vesting Service        18
1.96    Years of Benefit Service or Benefit Service    18
1.97    Years of Vesting Service or Vesting Service    20
ARTICLE 2 ELIGIBILITY        22
2.1    Eligibility        22
2.2    Participation Upon Reemployment    22
2.3    Leased Employees and Independent Contractors    23
2.4    Adoption of the Plan by an Affiliate    23
2.5    Transfers Among Affiliates        23
2.6    Transfers Between Statutory Employee and Employee Status    24
2.7    Participation Freeze        25
ARTICLE 3 RETIREMENT DATES AND BENEFITS    26
3.1    Normal Retirement        26
3.2    Delayed Retirement        29
3.3    Termination After Earliest Retirement Date    31
3.4    Termination Before Earliest Retirement Date    34
3.5    Disability Retirement        35
3.6    Benefits Upon Rehire        38
3.7    Cost-of-Living Increase        39
3.8    No Duplication of Benefits        39
3.9    Cash Balance Accounts; Pay and Interest Credits    40
ARTICLE 4 PAYMENT OF BENEFITS        42
4.1    Forms of Payment        42
4.2    Opportunity to Cash Out Annuity Benefit    46
4.3    Election Procedures        46
4.4    Effect of Death on Forms of Payment    47
4.5    Required Distribution Rules        48
4.6    Direct Rollover of Eligible Payments    48
4.7    Payment on Participant’s Behalf        49
4.8    Unclaimed Benefits        50

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4.9    Correction of Mistakes        50
4.10    Retroactive Benefit Commencement Date    50
ARTICLE 5 PRERETIREMENT DEATH BENEFITS    52
5.1    Participant with Spouse or Domestic Partner    52
5.2    Unmarried Participant Without Domestic Partner    54
5.3    USERRA        55
ARTICLE 6 LIMITATIONS ON BENEFIT AMOUNTS AND TOP HEAVY PROVISIONS    56
6.1    Code Section 415 Limits        56
6.2    Restrictions on Benefits of Twenty-Five Highest-Paid Participants    60
6.3    Funding-Based Limitations        61
6.4    Top Heavy Rules        67
ARTICLE 7 CONTRIBUTIONS        70
7.1    Employer Contributions        70
7.2    Participant Contributions        70
7.3    Return of Contributions to the Employers    70
7.4    Actuarial Gains        70
ARTICLE 8 AMENDMENT, TERMINATION, MERGER    71
8.1    Amendment        71
8.2    Termination of the Plan        72
8.3    Merger        73
ARTICLE 9 ADMINISTRATION        74
9.1    Voya Financial Plan Administrative Committee and Voya Financial Plan
    Investment Committee        74
9.2    Duties and Powers of the PAC        74
9.3    Duties and Powers of the PIC        77
9.4    Functioning of the Committees        78
9.5    Allocation and Delegation of Duties    78
9.6    Deemed Delegation of Duties and Powers    79
9.7    Payment of Expenses        79
9.8    Plan Expenses        79
9.9    Information to be supplied by a Participating Employer    79
9.10    Actuarial Determinations        80
9.11    Funding Policy        80
9.12    Electronic Communications        80
9.13    Indemnification        80
9.14    Trustees        80

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9.15    Claims Procedure        81
ARTICLE 10 MEDICAL BENEFITS ACCOUNT    83
10.1    Establishment of Medical Benefits Account    83
10.2    No Qualified Transfers        84
10.3    Definitions        84
ARTICLE 11 MISCELLANEOUS        85
11.1    Headings; References        85
11.2    Construction        85
11.3    Qualification for Continued Tax-Exempt Status    85
11.4    Nonalienation        85
11.5    No Employment Rights        85
11.6    No Enlargement of Rights        85
11.7    Withholding for Taxes        85

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ARTICLE 1
DEFINITIONS
As used in the Plan, the following words and phrases and any derivatives thereof
will have the meanings set forth below unless the context clearly indicates
otherwise. Definitions of other words and phrases are set forth in each of the
applicable Appendices. Section references indicate sections of the main text of
the Plan unless otherwise stated. The singular includes the plural and the
plural the singular, whenever applicable.
1.1
Account means the Participant’s “cash balance account” established under Section
3.9 plus any similar account established under an applicable Appendix.

1.2
Account Balance means the balance, if any, credited under the terms of the Plan
to the Participant’s Account as of the date of determination under the Plan.

1.3
Accrued Benefit means the monthly retirement benefit that the Participant has
earned as of the date of determination, calculated under Article 3, which will
be payable as of his or her Normal Retirement Date in the form of a single life
annuity. For the Participant who remains in employment after his or her Normal
Retirement Date, the Accrued Benefit is the amount calculated for him or her
under Section 3.2(b) and/or (c). An Accrued Benefit may be either a Final
Average Pay Pension Formula Accrued Benefit or a Cash Balance Pension Formula
Accrued Benefit or, for a Participant who is employed with an Employer both
before and after his or her Cash Balance Transition Date or has both a Final
Average Pay Pension Formula Accrued Benefit and a Prior Plan Account Balance,
the sum of his or her Final Average Pay Pension Formula Accrued Benefit and Cash
Balance Pension Formula Accrued Benefit.

1.4
Actuarial Equivalent or Actuarial Equivalence means a benefit of equal value to
other forms of benefit, using the following actuarial bases:

(a)
Lump Sums and Annuity Conversion. Actuarial Equivalence is computed on the basis
of the Applicable Mortality Table and the Applicable Interest Rate for the
Benefit Commencement Date (or other determination date) for the following
purposes:

(i)
Calculating a lump-sum or lump-sum value of an Accrued Benefit;

(ii)
Converting an Account Balance to any annuity form of payment; and

(iii)
Converting a single life annuity into any other annuity form of payment.

The assumptions described in this Section 1.4(a) shall be applied to make any
calculations described in this Section for benefits paid on or after January 1,
2012, without regard to when a Participant’s employment terminated.

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For a Participant who has an Accrued Benefit under the Plan as of December 31,
2011, the retirement benefit paid in any optional payment form will not be less
than the single life annuity calculated based solely on his or her Accrued
Benefit in Appendix 1.4(a). Further, for a Participant who has a Prior Plan
Benefit, if the actuarial assumptions under the applicable Prior Plan as
described in Appendix 1.4(a) are different from the actuarial assumptions in
this Section 1.4(a), the Plan will pay the larger of (1) the Participant’s Prior
Plan Benefit converted to such optional form using the actuarial assumptions in
effect as of December 31, 2001 to make such conversion under such Prior Plan, or
(2) his or her Prior Plan Benefit converted to such optional form using the
assumptions of this Section 1.4(a).
Notwithstanding any contrary provision, for distributions made after August 17,
2006, the present value of that portion of the Accrued Benefit for any
Participant attributable to the Participant’s Account Balance is equal to that
Participant’s Account Balance.
(b)
Determining Offset. For purposes of determining the offset for benefits paid
under other plans under Section 3.1(d), the 1994 Group Annuity Mortality Static
Table for Males for both a Participant and Beneficiary and an interest rate of
5.5% will apply.

(c)
Other Actuarial Equivalent Adjustments. For all other purposes, Actuarial
Equivalence will be based on the 1994 Group Annuity Mortality Static Table for
Males for both Participant and Beneficiary and an interest rate of 7.0%.

1.5
Aeltus Participant means each AFS Transition Participant who was employed by
Aeltus Investment Management, Inc. and participated in the Financial Services
Plan.

1.6
Affiliate means the Company and each Controlled Group Member. For purposes of
the provisions for subsidiaries adopting the Plan under Section 2.4, Affiliate
includes any corporation whose voting stock is at least 50% owned, directly or
indirectly, by the Company or by another Affiliate.

1.7
AFS Minimum Benefit means for each AFS Transition Participant, the AFS Minimum
Benefit described in Appendix 3.1(e).

1.8
AFS Non-Specified Transition Participant means an AFS Transition Participant who
is other than an AFS Specified Transition Participant.

1.9
AFS Plan means the ING Retirement Plan for Aetna Financial Services & Aetna
International Employees as in effect immediately prior to its merger into this
Plan effective as of December 31, 2001.

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1.10
AFS Specified Transition Participant means an AFS Transition Participant who on
December 31, 2000 (1) had at least nine years of service (calculated as eight
years and 22 weeks of service) and is less than 50 years of age, or (2) had at
least five years of service (calculated as four years and 22 weeks of service)
and is at least 50 years old and less than 62 years old.

1.11
AFS Transition Participant means each individual who (a) was an active
participant in the Retirement Plan for Employees of Aetna Services, Inc. on
December 31, 1998 and was not in pay status; (b) continued to be an active
participant in the Retirement Plan for Employees of Aetna Services, Inc. on
January 1, 1999; and (c) became an active participant in the AFS Plan on
December 14, 2000 in accordance with the requirements set forth in Section 3.03
of the Employee Benefits Agreement between Aetna, Inc. and Aetna Healthcare,
Inc. dated as of December 13, 2000. If an AFS Transition Participant terminates
Employment and is subsequently reemployed as an Employee, he or she will not be
an AFS Transition Participant for the period of service after reemployment. The
term “active participant” means a participant (a) in active employment with an
employer covered under the plan (a “covered employer”), (b) on an authorized
leave of absence from a covered employer, (c) receiving benefits after December
31, 1976 under a long- term disability plan maintained by a covered employer, or
(d) receiving 13 week salary continuation benefits from a covered employer or
other periodic severance and salary continuation benefits.

1.12
Applicable Interest Rate means the applicable interest rate structure
established by the Internal Revenue Service under Code Section 417(e)(3) in
effect during August (the “lookback month”) before the beginning of the Plan
Year that includes the Benefit Commencement Date or other determination date.

1.13
Applicable Mortality Table means the applicable mortality table established by
the Internal Revenue Service from time to time under Code Section 417(e)(3) for
the Plan Year that includes the Benefit Commencement Date or other determination
date.

1.14
Benefit Commencement Date means for a benefit payable as an annuity, the first
day of the first month for which a retirement benefit is payable as an annuity
to the Participant under Articles 3 and 4, or a preretirement death benefit is
payable as an annuity to the surviving Spouse or Domestic Partner under Article
5. If the benefit is payable in a lump sum, the Benefit Commencement Date is the
first day of the calendar month in which payment will be made. A Participant or
surviving Spouse or Domestic Partner may have more than one Benefit Commencement
Date. A Participant (or surviving Spouse or Domestic Partner) may select their
Benefit Commencement Dates as follows:

(a)
Cash Balance Pension Formula Accrued Benefit (Account Balance). A Participant
(other than with respect to his or her Prior Plan Account Balance attributable
to the AFS Plan, if any) may elect to receive his or her Account Balance in a
lump-sum payment or an available annuity form determined as of the first day of
any calendar month after his or her Termination Date. See Appendix

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4.1(b) for provisions affecting a Participant’s entitlement to a limited
lump-sum payment from his or her Prior Plan Account Balance attributable to the
AFS Plan. See Section 4.1 regarding the forms of annuity available to a
Participant prior to and after his or her Earliest Retirement Date (as described
in the first paragraph of Section 1.35).
(b)
Final Average Pay Pension Formula Accrued Benefit. The Participant may elect to
receive the benefit attributable to the Final Average Pay Pension Formula or
after his or her Earliest Retirement Date (as described in the first paragraph
of Section 1.35). If he or she elects early retirement, the Plan will apply the
early commencement reduction factors described in Section 3.3(b) or Section
3.4(b), as applicable, to his or her Final Average Pay Pension Formula Accrued
Benefit.

(c)
Effect on QPSA. The Benefit Commencement Date is the ending date for entitlement
to the QPSA or other preretirement survivor benefit, and the beginning date for
entitlement to the postretirement survivor benefit. The surviving Spouse or
Domestic Partner of the Participant who received his or her Account Balance in a
lump sum or annuity and died before the Benefit Commencement Date for his or her
Final Average Pay Pension Formula Accrued Benefit, will receive a QPSA based on
the Final Average Pay Pension Formula Accrued Benefit under Section 5.1. The
surviving Spouse’s or Domestic Partner’s right to select a Benefit Commencement
Date for the QPSA is described in Section 5.1(d).

(d)
Prior Plan Benefit, AFS Minimum and Net ING Benefit. Each Participant who was a
participant in a Prior Plan may elect to receive his or her Vested Prior Plan
Benefit or AFS Minimum Benefit at any time such benefit was available to such
Participant under the applicable Prior Plan to the extent required by law. See
Appendix 3.3(a) for a description of Earliest Retirement Dates under Prior
Plans. If the Participant has reached his or her Earliest Retirement Date (as
described in the first paragraph of Section 1.35), the Net ING Benefit must be
paid at the same time as his or her Prior Plan Benefit or AFS Minimum Benefit
excluding any portion that has been paid as a lump-sum payment or if his or her
Prior Plan Benefit or AFS Minimum Benefit is paid before attaining age 55, at
his or her Earliest Retirement Date (as described in the first paragraph of
Section 1.35).

1.15
Beneficiary means the Participant’s surviving Spouse or Domestic Partner on the
date of death. If a Participant does not have a Spouse or Domestic Partner or
the Participant’s Spouse has consented to another Beneficiary for an optional
form of benefit that permits a non-Spouse beneficiary, his or her Beneficiary is
the person designated as such on the most recent beneficiary designation form or
benefit election form, as applicable, or if no such person or persons has been
named, his or her Beneficiary shall be his or her estate. To be effective, the
designation of a non-Spouse/non-Domestic Partner beneficiary must be on file
with the Plan Administrator on the date of death. A Participant may not change
his or her Beneficiary after his or her Benefit Commencement Date. A Participant
may

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designate a non-Domestic Partner Beneficiary without the consent of his or her
Domestic Partner.

1.16
Benefit Service is defined in Section 1.96.

1.17
Board means the Board of Directors of the Company.

1.18
Break in Service See Section 1.48 Five-Year Break and Section 1.65 One-Year
Break.

1.19
Cash Balance Pension Formula means the pension formula that derives an Accrued
Benefit (or portion thereof) by reference to the Participant’s Account.

1.20
Cash Balance Pension Formula Accrued Benefit means the retirement benefit
attributable to the Cash Balance Pension Formula, when expressed as a single
life annuity starting as of the Participant’s Normal Retirement Date (or as of
the first day of the month following the determination date if the determination
date is after the Participant’s Normal Retirement Date), calculated under
Section 3.1(c) or an applicable Appendix.

1.21
Cash Balance Transition Date means, with respect to any Participant who is
accruing a benefit under the Final Average Pay Pension Formula as of December
31, 2011, and continues as an Eligible Employee after such date, whichever of
(a) or (b) produces the greater Accrued Benefit for the Participant:

(a)
December 31, 2011; or

(b)
The earlier of December 31, 2013, or the date the Participant ceases to be an
Eligible Employee (if on or after January 1, 2012 and prior to January 1, 2014).

With respect to any Participant who accrued a benefit under the Final Average
Pay Pension Formula prior to January 1, 2012, but who was not accruing a benefit
as of December 31, 2011, because he or she was not then an Eligible Employee,
and who again becomes an Eligible Employee on or after January 1, 2012, his or
her Cash Balance Transition Date is the date he or she ceased to accrue any
additional benefit under the Final Average Pay Pension Formula prior to January
1, 2012.
1.22
Citigroup means Citigroup LLC.

1.23
CitiStreet means CitiStreet LLC, which was acquired by Lion Connecticut Holdings
Inc. on July 1, 2008.

1.24
Code means the Internal Revenue Code of 1986, as amended, and the regulations
promulgated thereunder, or any successor statute and, if an amendment to the
Code renumbers a section of the Code referred to in this Plan, any such
reference to such section automatically shall become a reference to such section
as renumbered.

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1.25
Committee or Committees means either or both of the Plan Administrative
Committee and the Plan Investment Committee, as the context may require.

1.26
Company means Voya Services Company, a Delaware corporation, and any successor
in interest thereto. Prior to September 1, 2014, the name of the Company was ING
North America Insurance Corporation.

1.27
Compensation.

(a)
Accrued Benefit and Pay Credits. For purposes of calculating each Participant’s
Accrued Benefit (including for purposes of calculating Pay Credits her base pay,
overtime, commissions, sales bonuses or commissions, short-term incentive
awards, performance-based spot bonuses, shift differential, any paid time off
(PTO) payment included in a Participant’s paycheck for his or her last pay
period of active employment, and education or training related bonuses (such as
Life Office Management Association or actuarial bonuses) paid by an Employer and
any deferrals excluded from his or her income under Code Sections 125, 132(f)(4)
and 401(k) and that is paid through the Employer’s payroll system. All other
items of compensation are excluded including, but not limited to, any
compensation deferred under a nonqualified deferred compensation plan either at
the time deferred or at the time it is paid, stock-based compensation, business
allowances (except as specifically described in the preceding sentences of this
definition), stay bonuses, sign-on bonuses, temporary cost of living
adjustments, long-term incentive awards, employer contributions to any
retirement or welfare plan, and any severance or salary continuation payments or
benefits, and compensation not paid through the Company’s U.S. payroll system.

(b)
Military Service. For the Participant who resumes Employment after a period of
unpaid military leave covered by the USERRA, the Plan will impute Compensation
in the amount he or she would have received if he or she had remained in active
Employment, based on his or her base rate of pay in effect when he or she began
his or her leave and taking into account any salary adjustment and/or promotion
he or she would have received during the period of military leave, or if that
pay rate cannot be determined with certainty, the Plan will treat him or her as
having Compensation equal to the amount he or she received during the 12-month
period immediately preceding his or her leave, or during the entire period of
his or her Employment if shorter than 12 months.

Effective January 1, 2009, a Participant receiving a differential wage payment
(as described in Code Section 414(u)(12)) shall be treated as an Employee of the
Employer making the differential wage payment for purposes of this Plan and the
differential wage payment shall be treated as Compensation.
(c)
Statutory Limit. Beginning with the 2002 Plan Year, each Participant’s
Compensation will be limited to $200,000 (as indexed under Code Section
401(a)(l7)) for each Plan Year for all purposes under the Plan.

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(d)
Compensation from Affiliate. Compensation paid by an Affiliate or other entity
that is not an Employer or paid by an Affiliate before the Affiliate adopted
this Plan will not be treated as Compensation. Also excluded is any compensation
that is not paid through the Company’s U.S. payroll system.

(e)
Transferred CitiStreet Employees. Effective July 1, 2008, a Transferred
CitiStreet Employee who is a Participant in the Plan shall have his or her
Compensation for 2008 determined by taking into account the compensation paid
for the period July 1, 2008 through December 31, 2008, irrespective of whether
such amount was paid through the transition payroll services provided by
Citigroup for the period July 1, 2008 through September 31, 2008, or by the
Company’s payroll administrator. Amounts paid prior to July 1, 2008 by Citigroup
or State Street to Transferred CitiStreet Employees shall be disregarded for all
purposes of the Plan. Subsequent to December 31, 2008, a Transferred CitiStreet
Employee’s Compensation shall be determined pursuant to the foregoing provisions
of this Section 1.27.

1.28
Controlled Group means all of the Employers and the Controlled Group Members.

1.29
Controlled Group Member means with respect to an Employer (a) each member of the
group of corporations under at least 80% common control by or with the Employer,
within the meaning of Code Section 414(b); (b) each incorporated or
unincorporated trade or business under common control with the Employer, within
the meaning of Code Section 414(c); (c) each organization that is within an
affiliated service group with the Employer, within the meaning of Code Section
414(m); and (d) any entity required to be aggregated with the Employer under
Code Section 414(o).

1.30
Covered Compensation means the average of the contribution and benefit bases in
effect under Section 230 of the Social Security Act for each year in the 35-year
period ending with the year in which the Participant reaches Social Security
Retirement Age, except that (a) for the Participant who terminates Employment
before Social Security Retirement Age, Covered Compensation will be determined
by assuming no increases in the contribution and benefit basis after the most
recent calendar year of the applicable averaging period used in determining his
or her Final Average Compensation, and (b) for the Participant who terminates
Employment after Social Security Retirement Age, Covered Compensation will be
frozen in the year in which he or she reached Social Security Retirement Age.
Covered Compensation before the beginning of the 35 year period is the Social
Security Wage Base for the Plan Year. For a Participant who is a nonresident
alien described in Section 1.39(d)(ii), Covered Compensation will mean the
Covered Compensation he or she would have had if he or she were covered under
the Social Security Act. For a Participant whose Final Average Compensation is
calculated and frozen as of his or her Cash Balance Transition Date, Covered
Compensation also will be calculated and frozen as of such date.

7

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1.31
Delayed Retirement Date means the first day of the month on or after the date a
Participant who continues Employment after his or her Normal Retirement Date
actually terminates his or her Employment.

1.32
Disability or Disabled means a medically determinable physical or mental
impairment that prevents the Participant from engaging in any substantial
gainful activity, is reasonably expected to result in death or to be of long
continued and indefinite duration, and has qualified him or her for long-term
disability benefits under his or her Employer’s group long-term disability plan
(or would qualify him or her for such benefits if he or she were covered under
his or her Employer’s group long-term disability plan). For purposes of this
Plan, the date of a Participant’s Disability shall be his or her Termination
Date resulting from such Disability (and not the date on which the determination
of Disability is made). However, if an Eligible Employee is on a short-term
disability leave as of December 31, 2011 and is continuously on such leave until
he or she has a Termination Date on or after January 1, 2012 resulting from the
same Disability, the date of his or her Disability is deemed to occur prior to
January 1, 2012 for purposes of Section 3.5.

1.33
Domestic Partner means an individual who is not a Spouse and who is identified
by the Participant either on a form provided for this purpose by a Participating
Employer or under a State registration program as his or her partner. Such
designation must be on file with the Plan Administrator or the State at the time
of the Participant's death to be effective.

1.34
Disabled Vested Participant means a Participant who incurs a Disability after
December 31, 2001 (or after December 31, 1999 for participants in the LOG Plan
(other than the Field Force, as defined in the LOG Plan), the SLD Plan or this
Plan), and prior to January 1, 2012, provided that he or she is Vested.

1.35
Earliest Retirement Date means for each Participant the first day of the month
coincident with or following the month in which the Participant has reached age
55, completed sufficient Vesting Service to be Vested and has incurred a
Termination Date.

Notwithstanding the foregoing, a Participant’s earliest retirement date for his
Prior Plan Benefit is his earliest retirement date as determined under the terms
of the applicable Prior Plan in effect on December 31, 2001. See Appendix 3.3(a)
for special timing rules for Prior Plan Benefits.
1.36
Early Retirement Date means for each Participant the first day of the month on
or after his or her Earliest Retirement Date and before his or her Normal
Retirement Date on which he or she actually commences his or her benefit
payments under the Plan.

1.37
Effective Date means for purposes of the original effective date of the Plan,
January 1, 1937 and for purposes of this amendment and restatement January 1,
2018, unless otherwise specifically noted. The rights of any Employee who
terminated before the effective dates of the various amended provisions set
forth in this document will be

8

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determined under the provisions of the Plan or the applicable Prior Plan as in
effect on the Employee’s Termination Date, except as expressly set forth herein.

1.38
EIC Plan means this Plan as in effect immediately prior to the merger of the AFS
Plan, the Lexington Plan, the LOG Plan, the ReliaStar Plan, and the SLD Plan
into this Plan effective as of December 31, 2001.

1.39
Eligible Employee means each Employee other than an Employee who is (a) a member
of a unit of employees covered by a collective bargaining agreement between an
employee representative and an Employer, unless otherwise provided in the
agreement or agreed to by the Employer and the union, (b) an individual who is
classified on the payroll of an Employer as a “temporary” employee, (c) prior to
January 1, 2012, a part-time Employee who is not credited with at least 1,000
Hours of Service per year, (d) a nonresident alien receiving no earned income
for the performance of services from an Employer or a Controlled Group Member
that constitutes earned income from sources within the United States, unless (i)
a certificate of coverage has been filed with the Social Security Administration
on behalf of the individual under Section 233 of the Social Security Act, or
(ii) the Employee has been designated as an Eligible Employee by an Employer and
is paid through the U.S. payroll of the Employer, (e) an employee whose
principal worksite is outside the U.S., unless the Employee is paid through the
U.S. payroll of an Employer, (f) an Employee of a Controlled Group Member who is
seconded to an Employer and is not paid through a U.S. payroll of an Employer,
and (g) Statutory Employees.

An individual is not an Eligible Employee after his or her Termination Date.
However, a Disabled Vested Participant will be deemed to continue as an Eligible
Employee for so long as he or she remains Disabled, or until his or her Early
Retirement Date or Normal Retirement Date, if earlier.
1.40
Employee means an individual who (a) is regularly employed by an Employer as a
common-law employee, and (b) has FICA taxes withheld by an Employer.

Under no circumstances will the following individuals be treated as an Employee
even if such individuals are treated as “employees” of an Employer as a result
of common law principles or the Leased Employee rules under Code Section 414(n):
an individual who performs services for an Employer, but who is not classified
as an employee on the payroll of such Employer and with respect to whom no FICA
taxes are withheld by such Employer, for example, a Leased Employee. Further, if
an individual performing services for an Employer is retroactively reclassified
as a “common law employee” of an Employer for any reason (except voluntarily by
the Employer to correct an inadvertent payroll classification error), such
reclassified individual shall not be treated as an Employee for any period prior
to the actual date (and not the effective date) of such reclassification.
1.41
Employer means the Company and each Affiliate that adopts the Plan.

9

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1.42
Employment means the period during which an Employee is employed by an Employer.

1.43
ERISA means the Employee Retirement Income Security Act of 1974, as amended, and
the regulations promulgated thereunder, or any successor statute and, if an
amendment to ERISA renumbers a section of ERISA referred to in this Plan, any
such reference to such section automatically shall become a reference to such
section as renumbered.

1.44
Final Average Compensation. The Plan will calculate Final Average Compensation
as follows:

(a)
Five Whole Calendar Years of Benefit Service. For the Participant who completes
an Hour of Service with the Company on or after January 1, 2009 and has
completed five whole calendar years of Benefit Service, Final Average
Compensation is the average of his or her Compensation for the five consecutive
whole calendar year period of Benefit Service during his or her final
consecutive whole calendar years of Benefit Service (through his or her Cash
Balance Transition Date) that produces the highest average, up to a maximum of
20 years; provided, however, that for Participants who do not complete an Hour
of Service with the Company on or after January 1, 2009, his or her Final
Average Compensation shall be determined by using Final Average Compensation as
defined in the Plan as in effect at the Participant’s Termination Date. If the
Participant has not completed at least the number of consecutive whole calendar
years of Benefit Service as then in effect, the largest number of consecutive
whole calendar years of Benefit Service will be substituted for the number of
years (up to 20) in the first sentence of this Section 1.44(a). For purposes of
determining the number of years to be used to determine a Participant’s Final
Average Compensation, beginning on January 1, 2009, one year shall be added to
the number ten until the number reaches 20, with ten years being used for any
Participant retiring during the 2009 Plan Year. No additional years shall be
added to ten pursuant to the prior sentence for any period after the
Participant’s Cash Balance Transition Date. By way of example only, a
Participant retiring in 2009 shall have his or her Final Average Compensation
determined as the highest five consecutive years out of the past ten years; a
Participant retiring in 2010 shall have his or her Final Average Compensation
determined as the highest five consecutive calendar years out of the past 11
years, and for a Participant retiring in 2011, his or her Final Average
Compensation shall be determined using the highest five consecutive calendar
years out of the past 12 years.

(b)
Less Than Five Whole Calendar Years of Benefit Service. For the Participant who
has completed at least one but has not completed five whole calendar Years of
Benefit Service (through his or her Cash Balance Transition Date), Final Average
Compensation is the average of his or her Compensation for the largest number of
consecutive whole calendar years of Benefit Service.

10

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(c)
With No Whole Calendar Years of Benefit Service. For a Participant who has not
completed at least one whole calendar Year of Benefit Service (through his or
her Cash Balance Transition Date), Final Average Compensation is the average of
his or her Compensation (actual, not annualized) for the largest number of
consecutive Years of Benefit Service.

(d)
Whole Calendar Year. Except as provided in Section 1.44(c), a Participant must
be an Employee for the entire calendar year in order to have that calendar year
taken into account for purposes of Final Average Compensation. The year in which
a Participant terminates employment shall be considered a complete calendar year
if the Termination Date is December 31 (or the last business day of the year if
December 31 falls on a Saturday, Sunday or holiday).

(e)
Termination and Rehire. The Plan will calculate and freeze each Participant’s
Final Average Compensation as of his or her Termination Date.

(i)
If a terminated Participant (whether Vested or nonvested) is rehired before
January 1, 2009, and before incurring a One-Year Break, the Plan will compute
his or her Final Average Compensation as if the termination had not occurred.

(ii)
If a Vested terminated Participant is rehired before January 1, 2009 and after a
One-Year Break, the Plan will not recalculate his or her Final Average
Compensation until he or she has completed five consecutive Years of Benefit
Service following his or her rehire date.

(iii)
If a non-Vested terminated Participant is rehired before January 1, 2009, after
a One-Year Break and before a Five-Year Break, the Plan will not recalculate his
or her Final Average Compensation until he or she has completed five consecutive
Years of Benefit Service following his or her rehire date. The Final Average
Compensation shall be based on his or her largest number (not in excess of five)
of completed whole calendar years of Benefit Service (whether or not
consecutive) completed prior to his or her termination.

(iv)
If a non-Vested terminated Participant is rehired before January 1, 2009 and
after a Five-Year Break, the Plan will treat the Participant as a new employee
as of his or her rehire date in accordance with Section 2.2(b)(ii).

(v)
If a terminated Participant (whether Vested or non-Vested) is rehired after
December 31, 2011, he or she will participate in the Cash Balance Pension
Formula following rehire, and no adjustment will be made to his or her Final
Average Compensation used to calculate his or her Final Average Pay Pension
Formula Accrued Benefit for Benefit Service prior to January 1, 2012.

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(f)
Retroactive Application of EGTRRA Limits. The limitations of Code Section
401(a)(17) as amended by the Economic Growth Tax Relief and Reconciliation Act
of 2001 (“EGTRRA”) (as adjusted for cost-of-living increases in accordance with
Code Section 401(a)(17)(B)) will be applied to years prior to 2002 for purposes
of determining Final Average Compensation only for those Participants who
complete an Hour of Service as an Eligible Employee after December 31, 2001.
However, the average compensation used in determining any frozen grandfathered
benefit accrued prior to 2002 will not be recalculated except as described in
this Section 1.44(f). If a Participant’s benefit is indexed based on a ratio of
his or her Final Average Compensation in some prior year and his or her Final
Average Compensation as of his or her Termination Date which is after 2001, the
numerator of the ratio will be determined by applying the limitation in Code
Section 401(a)(17) as amended by EGTRRA ($200,000) retroactively, but the
denominator of the ratio will be limited based on Code Section 401(a)(17)
limitations as in effect for such prior year.

(g)
After Cash Balance Transition Date. Notwithstanding any contrary provision, if a
Participant accrued a retirement benefit under the Final Average Pay Pension
Formula prior to January 1, 2012, the Plan will calculate and freeze his or her
Final Average Compensation as of his or her Cash Balance Transition Date (the
Participant will cease to be credited with Benefit Service under the Final
Average Pay Pension Formula for periods after his or her Cash Balance Transition
Date), and no adjustments will be made to any Participant’s Final Average
Compensation under this Section 1.44 after his or her Cash Balance Transition
Date.

1.45
Final Average Pay Pension Formula means the pension formula that derives an
Accrued Benefit (or portion thereof) by reference to the Participant’s Final
Average Compensation, Benefit Service and other variables as described in
Section 3.1(b), including his or her Prior Plan Benefit to the extent based on a
pension formula other than a Cash Balance Pension Formula.

1.46
Final Average Pay Pension Formula Accrued Benefit means the retirement benefit
attributable to the Final Average Pay Pension Formula, when expressed as a
single life annuity starting as of the Participant’s Normal Retirement Date (or
as of the first day of the month following the determination date if the
determination date is after the Participant’s Normal Retirement Date),
calculated under Section 3.1(b) or an applicable Appendix.

1.47
Financial Services Plan means the ING Financial Services LLC Retirement Plan as
in effect prior to (a) January 1, 2003, for those Participants who were
employees of Aeltus Investment Management, Inc., who participated in the AFS
Plan prior to January 1, 2002 and who became Participants in this Plan as of
January 1, 2003, or (b) January 1, 2004 for those Participants who were
employees of ING Financial Services LLC and who became Participants in this Plan
as of January 1, 2004.

12

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1.48
Five-Year Break means five consecutive One-Year Breaks.

1.49
Hours of Service means the following hours that are credited for vesting
purposes, eligibility purposes prior to January 1, 2012, and benefit accrual
under the Final Average Pay Pension Formula.

(a)
Periods of Credit. Hours of Service will be credited for the following:

(i)
Working Time. Each hour for which the Employee is paid or entitled to payment by
an Employer for the performance of duties.

(ii)
Paid Time Off. Each hour for which the Employee is paid or is entitled to
payment by an Employer on account of a period of time during which no duties are
performed due to vacation, holiday, illness, incapacity, layoff, jury duty,
military duty, or leave of absence, whether or not his or her Employment has
terminated.

(iii)
Back Pay. Each hour for which back pay, without regard to mitigation of damages,
is either awarded or agreed to by an Employer.

(iv)
Disability. Each hour for which the Employee is Disabled.

(b)
Periods of No Credit. Hours of Service will not be credited for the following:

(i)
Unpaid Time Off. Periods during which the Employee is neither paid nor entitled
to payment from his or her Employer, except that the Plan will credit up to 501
hours for a single continuous period during which no duties are performed
because of a parental or Family and Medical Leave Act of 1993 (“FMLA”) leave
described in Section 1.49(d), or an approved leave described in Section 1.97(f)
relating to Vesting Service.

(ii)
Statutory Payments. Hours for which payment is made or due under a plan
maintained solely for the purpose of complying with workers compensation,
unemployment compensation, or disability insurance laws.

(iii)
Double Back Pay. Back pay where credit has already been given for the hours to
which the back pay relates.

(iv)
Medical Expenses. A payment that solely reimburses an Employee for medical or
medically related expenses incurred by him or her.

(v)
Paid Time Off. An Employee will not receive credit for Compensation paid for
unused paid time off accrued as of his or her Termination Date unless it is
included in his or her last paycheck from his or her Employer as an active
Employee.

13

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(c)
Crediting Hours of Service. Hours of Service will be credited to the Plan Year
in which the duties to which they relate are performed, or the period when no
duties are performed, as applicable. The Plan will use payroll records to
determine Hours of Service for each Employee for whom the Employer records
actual hours worked. For the Employee for whom the Employer does not record
actual hours worked, the Plan will credit the hours for each payroll period in
which he or she works at least one Hour of Service or for which he or she
receives any Compensation in accordance with the following based on the payroll
schedule of the Employee: 45 Hours of Service for each weekly payroll period;
and 95 Hours of Service for each semi-monthly payroll period.

(d)
Parental or FMLA Leave. The Plan will treat as Hours of Service periods during
which an Employee is absent from work by reason of a parental leave (caused by
pregnancy, child birth, child adoption, and/or child care immediately following
birth or adoption) or a leave protected under the FMLA. The number of Hours of
Service credited to the Employee will be the number of hours that would have
been credited if the absence had not occurred, or if such number cannot be
determined, then eight Hours of Service will be credited for each day of the
absence, but in no event will the total number of such Hours of Service exceed
501. Such Hours of Service will be credited to the Plan Year in which the
absence begins only to the extent that credit is necessary to achieve 1,000
Hours of Service in that Plan Year; otherwise, credit will be given in the
immediately following Plan Year provided the leave extends into that Plan Year.
No credit will be given under this Section unless the Employee timely provides
to the Plan Administrator all information reasonably required to establish that
the absence is for a reason described in this Section, and the number of days of
absence attributable to such reason.

(e)
Transfers. The Plan will grant Hours of Service for vesting credit only to each
Employee for a period of service with any nonparticipating Controlled Group
Member in accordance with Section 2.5 while he or she was performing service for
that Controlled Group Member.

(f)
Leased Employees. Leased Employees will be treated as Employees to the extent
required under Code Section 414(n), and if a Leased Employee becomes an
Employee, the Plan will give him or her vesting credit for Hours of Service for
the period when he or she worked as a Leased Employee, as if he or she had been
an Employee during that period as described in Section 2.3.

1.50
Immediate Annuity means an annuity payable in the Normal Form as of a Benefit
Commencement Date that precedes the Participant’s Earliest Retirement Date.

1.51
Insurance Company means one or more insurance carriers that the Company may
select from time to time to administer any Insurance Contracts that are part of
the Trust.

14

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1.52
Insurance Contract means any group term life insurance policy or any other
contract or policy (including riders, endorsements and supplemental agreements)
issued by an Insurance Company, in which Plan assets are invested.

1.53
Interest Credit means the amount credited to the Participant’s Account for each
Plan Year, as described in Section 3.9(c) or Appendix 3.1(b)(ii).

1.54
Interest Credit Percentage means the interest rate used to calculate Interest
Credits for each Plan Year, which rate is the annual rate of interest on 30-year
U.S. Treasury constant maturity securities as published in the Federal Reserve
Statistical Release H.15 for the month of August preceding the applicable Plan
Year.

1.55
Leased Employee means any person (other than an employee of the recipient) who
pursuant to an agreement between the recipient and any other person has
performed services for the recipient (or for the recipient and related persons
determined in accordance with Code Section 414(n)(6)) on a substantially
full-time basis for a period of at least one year, and such services are
performed under the recipient’s primary direction or control.

1.56
Lexington Plan means the Lexington Management Corporation Retirement Plan as in
effect immediately prior to its merger into this Plan effective as of December
31, 2001.

1.57
LOG Field Force Plan means that part of the LOG Plan that provided benefits to
Field Force personnel.

1.58
LOG Plan means the ING Retirement Plan for Employees of Life Insurance Company
of Georgia and Its Affiliates as in effect immediately prior to its merger into
this Plan effective as of December 31, 2001.

1.59
Mergers means the merger of the AFS Plan, the Lexington Plan, the LOG Plan, the
ReliaStar Plan, and the SLD Plan with and into this Plan effective as of
December 31, 2001.

1.60
Net ING Benefit means, for an AFS Transition Participant, the amount determined
under the following formula:

Net ING Benefit = (A+B) - (the greater of B or C) where
A =
That portion of a Participant’s Final Average Pay Pension Formula Accrued
Benefit attributable to his or her Post-2001 Benefit;

B =
That portion of a Participant’s Cash Balance Pension Formula Accrued Benefit
attributable to his or her Prior Plan Account Balance; and

15

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C =
The Participant’s AFS Minimum Benefit Comparison Annuity (as defined in Appendix
3.1(e)).

The Net ING Benefit cannot be less than zero.
1.61
Normal Form means the normal form of benefit described in Section 4.1(a).

1.62
Normal Retirement Age is age 65.

1.63
Normal Retirement Date is the first day of the month on or next following the
date on which the Participant reaches Normal Retirement Age, irrespective of
whether or not he or she retires on that date.

1.64
Northern Plan means the Retirement Plan for the Employees of Northern Life
Insurance Company in effect immediately before its merger into the ReliaStar
Plan effective as of December 31, 1994.

1.65
One-Year Break means a Plan Year during which the Participant earns fewer than
501 Hours of Service. For purposes of determining whether an Employee has had a
One- Year Break, the Plan Administrator will treat a leave protected under the
FMLA, or USERRA but only if he or she retains statutory reemployment rights and
resumes employment as required by law within the time period prescribed by law,
as a period of active Employment.

1.66
Optional Form means the optional forms of benefit described in Section 4.1(b).

1.67
Participant means an Eligible Employee who participates in this Plan under
Article 2. The term Participant is sometimes used to include active, Vested
terminated and/or retired Participants. Where the context indicates, the term
Participant includes persons claiming benefits accrued by a Participant.

1.68
Pay Credit means the amount credited to the Participant’s Account for a Plan
Year under Section 3.9(b).

1.69
Plan means the Voya Retirement Plan, as amended from time to time.

1.70
Plan Administrative Committee or PAC means the Voya Financial Plan
Administrative Committee as described in Article 9.

1.71
Plan Administrator means the Plan Administrative Committee.

1.72
Plan Investment Committee or PIC means the Voya Financial Plan Investment
Committee as described in Article 9.

1.73
Plan Year means the calendar year.

16

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1.74
Post-2001 Benefit means the benefit accrued by a Participant after the 2001 Plan
Year and prior to his or her Cash Balance Transition Date as provided for in
Section 3.1(b)(i).

1.75
Prior Plan means (a) unless used in the context of a Participant, any of the
following plans: AFS Plan, EIC Plan, Lexington Plan, LOG Plan, ReliaStar Plan,
SLD Plan or Financial Services Plan, and (b) where used in the context of a
particular Participant, one (and only one) of the plans described in (a) in
which he or she was a participant immediately prior to the Mergers. If a
Participant was a participant in more than one such plan immediately prior to
the Mergers, the Prior Plan is the plan that most recently covered the
Participant as an active participant.

1.76
Prior Plan Account Balance means that portion of a Participant’s Account Balance
that was credited under the AFS Plan, including Interest Credits thereon under
this Plan, as described in Appendix 3.1(e).

1.77
Prior Plan Benefit means the benefit described in Appendix 3.1(b)(ii).

1.78
QPSA means a qualified preretirement survivor annuity as provided for in Article
5.

1.79
ReliaStar Plan means the Retirement Plan for Employees of ReliaStar Financial
Corp. and its Subsidiaries as in effect immediately prior to its merger into
this Plan effective as of December 31, 2001.

1.80
Security-Connecticut Plan means the Security-Connecticut Corporation Employees’
Retirement Plan as in effect immediately before its merger into the ReliaStar
Plan effective as of January 1, 1998.

1.81
SLD Plan means the ING Retirement Plan for Employees of Security Life of Denver
Insurance Company as in effect immediately prior to its merger into this Plan
effective as of December 31, 2001.

1.82
Social Security Retirement Age means the age used as the Participant’s
retirement age under Section 216(l) of the Social Security Act, without regard
to the monthly age increase factor, and treating early retirement age as if it
were age 62. Each Participant’s Social Security Retirement Age will be the
following age that relates to his or her year of birth:

Year of Birth    Social Security
Retirement Age

Before 1938    65 years
1938 – 1954    66 years
After 1954    67 years

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1.83
Southland Plan means the Retirement Plan for Employees of Southland Life
Insurance Company as in effect immediately before its merger into the LOG Plan
effective as of December 31, 1989.

1.84
Spouse means the individual to whom the Participant is legally married on the
earlier of his or her date of death or his or her Benefit Commencement Date. An
individual will be deemed to be legally married, regardless of state of
domicile, if the person is recognized by the laws of the state or country where
the relationship is formed as being legally joined with the Participant in
marriage. This may include a common-law marriage in those states that recognize
common-law marriage if the Participant has provided acceptable proof to the
Company, but it does not include a domestic partnership or civil union.

1.85
State Street means State Street Bank and Trust Company.

1.86
Statutory Employee means an individual who is treated as a statutory employee
under Code Section 7701(a)(20), including, but not limited to, a field agent, an
account representative or similar commission-based statutory employee.

1.87
Termination Date means the date the Employee ends his or her employment with all
Employers and Controlled Group Members, for any reason.

1.88
TNIC Plan means The Netherlands Insurance Company Retirement Plan as in effect
immediately before its merger into the LOG Plan.

1.89
Transferred CitiStreet Employee means an employee who (a) was employed by State
Street or Citigroup; (b) was assigned to work at CitiStreet, (c) was an active
employee on June 30, 2008 (or was on an approved leave on that date) with State
Street or Citigroup, and (d) became an active employee of the Company or a then
participating Employer on July 1, 2008 (or the date the employee’s leave of
absence expired, if later) by completing at least an Hour of Service on that
date.

1.90
Trust or Trust Fund means the fund maintained under the trust agreement executed
in connection with the Plan, as amended from time to time, which constitutes a
part of this Plan.

1.91
Trustee means the corporation(s), individual(s) or other entity(ies) appointed
to administer the Trust, as provided in Article 9.

1.92
USERRA means the Uniformed Services Employment and Reemployment Rights Act of
1994, and regulations and rulings issued thereunder.

1.93
USLICO Plan means the Retirement Plan for Employees of USLICO Corporation and
Its Subsidiaries as in effect immediately before its merger into the ReliaStar
Plan effective as of January 1, 1996.

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1.94
Vested means that, for any Participant who earns any Hours of Service after the
1988 Plan Year, he or she will become fully Vested in his or her Accrued Benefit
as of the earliest of (a) the date he or she completes five years of Vesting
Service (or, starting January 1, 2012, three years of Vesting Service in the
case of a Participant who has any Hours of Service after December 31, 2011), (b)
the date the Participant attains his or her Normal Retirement Age while actively
employed by an Employer or a Controlled Group Member, (c) the date the
Participant dies while actively employed by an Employer or a Controlled Group
Member, (d) for a Disability that occurs after December 31, 2011, the date the
Participant becomes Disabled, or (e) the date the Participant became Vested
under a Prior Plan vesting schedule described in Appendix 3.4(a).

1.95
Vesting Service is defined in Section 1.97.

1.96
Years of Benefit Service or Benefit Service means the Participant’s whole Years
of Vesting Service completed after December 31, 2001 and up to (but not beyond)
his or her Cash Balance Transition Date, subject to the following rules and
exclusions:

(a)
Exclusions. The following periods will be excluded from determining a
Participant’s Benefit Service and Years of Benefit Service:

(i)
Periods during which the Participant is not an Eligible Employee covered under
this Plan (or while covered under a benefit formula applicable only to Field
Force employees of Life Insurance Company of Georgia) other than periods during
which Hours of Service are credited under Section 1.49(e);

(ii)
Periods during which the Participant accrued vested benefits under another
qualified defined benefit plan formula to which an Employer contributed, except
as provided in Section 1.96(b);

(iii)
Periods before January 1, 2002;

(iv)
Periods during which the Employee (or former Employee) is absent from employment
due to a Disability if either (i) such Disability occurred after December 31,
2011, or (ii) the Employee was not Vested before he or she terminated active
employment due to Disability; and

(v)
Periods during which the Participant was treated as a Statutory Employee, even
if later determined to be a common law employee (for example, while the
Participant was a field agent, account representative or similar
commission-based statutory employee).

(b)
Service Before an Employer Adopted the Plan. The Board will determine any
Benefit Service to be credited for periods of service with an employer before it
that employer. In the event the Board grants retroactive Benefit Service, the
Plan

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will offset any benefits previously accrued under the Employer’s qualified
defined benefit plan(s).
(c)
Five-Year Break. A non-Vested Participant who incurs a Five-Year Break prior to
January 1, 2012 will lose credit for all Benefit Service completed before the
Five-Year Break. A Vested Participant, or a non-Vested Participant who has not
incurred a Five-Year Break prior to January 1, 2012, will retain credit for all
Benefit Service completed before a Break in Service regardless of the number of
his or her One-Year Breaks; provided the Participant was Vested before such
Break in Service.

(d)
Military Service. Each Participant will receive credit for Benefit Service as if
his or her active Employment had continued during the period of his or her
military service covered by USERRA, but only if he or she retains statutory
reemployment rights and resumes employment as required by law within the time
period prescribed by law.

(e)
Temporary International Transfer. Benefit Service will be credited for periods
of an Employee’s temporary service with a foreign Affiliate so long as the
Employee remains on U.S. payroll of an Employer and does not participate in a
retirement plan of the foreign Affiliate.

(f)
Transferred CitiStreet Employees. Effective July 1, 2008, each Transferred
CitiStreet Employee who is credited with at least 1,000 Hours of Service shall
receive one Year of Benefit Service under the Plan. Notwithstanding the
foregoing, the Company shall credit a Transferred CitiStreet Employee with a
Year of Benefit Service for 2008 if, on December 31, 2008, such Transferred
CitiStreet Employee was an active employee with the Company or an Employer and
was a full-time employee regularly scheduled to work a 40 hour work week. For
purposes of this Section 1.96, service with Citigroup or State Street shall not
be taken into account for purposes of determining a Participant’s Years of
Benefit Service.

(g)
Rehired Employees. An Employee who had accrued a benefit in the Plan prior to
his or her Termination Date and who is rehired by an Employer and is credited
with an Hour of Service on or after January 1, 2009, shall not have any Hours of
Service credited on or after January 1, 2009 counted for purposes of determining
Benefit Service; provided, however, if a Participant with an Accrued Benefit
incurs a Termination Date due to a qualified termination as defined in the Voya
Severance Pay Plan, as in effect from time to time, and is rehired by the
Company or an Employer prior to January 1, 2012, and within six months of his or
her Termination Date, he or she shall once again become a Participant in the
Plan and have his or her Hours of Service credited for periods of service on and
after January 1, 2009 and counted for purposes of determining his or her Benefit
Service.

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1.97
Years of Vesting Service or Vesting Service means each period in which the
Participant receives credit for Hours of Service and with respect to Years of
Vesting Service, each Plan Year for which the Employee earns at least 1,000
Hours of Service, subject to the following rules:

(a)
Service With a Controlled Group Member. Each Employee will receive credit for
Vesting Service for the period when he or she was employed by any Controlled
Group Member, whether or not it has adopted the Plan, as if that Controlled
Group Member was an Employer, beginning on the date the member became part of
the Controlled Group.

(b)
Service With Entity Before It Became a Controlled Group Member. An Employee will
not receive credit for Vesting Service for any service with a Controlled Group
Member before it became part of the Controlled Group except to the extent
required by law. The Board will determine any Vesting Service to be credited for
periods of service with an entity before it became a Controlled Group Member, to
the extent credit is not required under law. Such credit will be described in
the applicable Appendix for that Employer.

(c)
Five-Year Break. The non-Vested Employee who incurs a Five-Year Break prior to
January 1, 2012 will lose credit for all Vesting Service completed before the
Five-Year Break. The Vested Employee, or the non-Vested Employee who has not
incurred a Five-Year Break prior to January 1, 2012, will retain credit for all
Vesting Service completed before a Break in Service regardless of the number of
his or her One-Year Breaks.

(d)
Transfers and Leased Employees. The Plan will grant Vesting Service to each
Employee for any period of service with any nonparticipating Affiliate in
accordance with Section 2.5. Additionally, the Plan will grant Vesting Service
credit to each Employee for service as a Leased Employee as described in Section
2.3.

(e)
Military Service. Each Employee will receive credit for Vesting Service as if
his or her active Employment had continued during the period of his or her
military service covered by USERRA, but only if he or she retains statutory
reemployment rights and resumes employment as provided for by USERRA.

(f)
Leaves of Absence. Vesting Service will include up to 501 Hours of Service in a
Plan Year during a period of unpaid absence that is approved under the
Employer’s standard, uniformly-applied personnel policies including, but not
limited to, a leave of absence under the FMLA, as described in Section 1.49(d).

(g)
Service before 2002. A Participant who was a participant in a Prior Plan will be
given Vesting Service credit for his or her vesting service completed before
January 1, 2002 equal to his or her whole years of vesting service completed
under his or her Prior Plan as of December 31, 2001. If a Participant was
covered

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under a Prior Plan that used the elapsed time method of crediting service, the
Participant will receive an additional year of Vesting Service for the period
beginning on the day after the 2001 anniversary of his or her date of employment
and ending December 31, 2001 provided he or she completes at least one Hour of
Service during that period.
(h)
Transferred CitiStreet Employees. Effective July 1, 2008, for each Transferred
CitiStreet Employee who becomes a Participant in the Plan, his or her Years of
Vesting Service shall include the years of vesting service such Participant had
been credited with in the Citigroup 401(k) Plan and/or the State Street Salary
Savings Plan (as provided by Citigroup or State Street to the Company in
connection with the acquisition of CitiStreet effective July 1, 2008). A
Transferred CitiStreet Employee who becomes a Participant in the Plan shall be
credited with a Year of Vesting Service for the 2008 Plan Year if he or she is
credited with 1,000 Hours of Service or more for the period the Participant is
actively employed by the Company or an Employer on or after July 1, 2008.
Notwithstanding the foregoing, the Company shall credit a Transferred CitiStreet
Employee with a Year of Vesting Service for 2008 if, on December 31, 2008, such
Transferred CitiStreet Employee is actively employed by the Company or an
Employer, and is a full-time employee regularly scheduled to work a 40 hour work
week. For purposes of this Section 1.97, Hours of Service credited for periods
of employment with Citigroup, State Street, the Company or an Employer during
the 2008 Plan Year shall be counted only one time, either under the applicable
Citigroup or State Street plan or the Plan.

(i)
Rehired Employees. An Employee who had accrued a benefit in the Plan prior to
his or her Termination Date and who is rehired by an Employer and in either case
is credited with an Hour of Service on or after January 1, 2009, shall have his
or her Hours of Service credited on or after January 1, 2009 counted for
purposes of determining Vesting Service, provided such rehired or transferred
Employee was Vested or had not incurred a Five-Year Break on the date he or she
is rehired and is first credited with an Hour of Service after such rehire (or
by December 31, 2011, if earlier).

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ARTICLE 2
ELIGIBILITY
2.1
Eligibility. Each Eligible Employee will begin participating in the Plan as of
the following date:

(a)
Current Eligible Employees as of January 1, 2018. The Employee who was an
Eligible Employee and participating in the Plan on January 1, 2018, will
continue as a Participant on and after January 2, 2018, provided he or she is an
Eligible Employee. The Employee who was not an Eligible Employee on January 1,
2018 under the rules then in effect will become and continue as a Participant on
and after January 2, 2018, provided he or she is an Eligible Employee.

(b)
New Hires or Rehires on or After January 2, 2018. In the case of an Employee who
is first hired or rehired by an Employer on or after January 2, 2018, he or she
will begin participating in the Plan as of his or her date of hire or rehire,
provided he or she is an Eligible Employee.

2.2
Participation Upon Reemployment.

(a)
Vested Participants. The Vested terminated Participant who resumes Employment as
an Eligible Employee before January 1, 2012, will resume participation as of the
date he or she so resumes Employment.

(b)
Nonvested Participants.

(i)
Before Five-Year Break. The non-Vested terminated Participant who resumes
Employment as an Eligible Employee before January 1, 2012, and before he or she
incurs a Five-Year Break will resume participation as of the date he or she
resumes Employment.

(ii)
After Five-Year Break. The non-Vested terminated Participant who resumes
Employment as an Eligible Employee before January 1, 2012, and after he or she
has incurred a Five-Year Break will be treated as a new Employee and his or her
service completed before such Five-Year Break will be completely disregarded.

(c)
Nonparticipating Employees.

(i)
Before Five-Year Break. The nonparticipating terminated Employee who resumes
Employment as an Eligible Employee before January 1, 2012, and before he or she
incurs a Five-Year Break will retain credit for his or her Employment before his
or her Termination Date for purposes of determining his or her eligibility to
begin participating under Section 2.1.

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If he or she met the eligibility requirements under Section 2.1 as of his or her
Termination Date, he or she will begin participating as of the date he or she
resumes Employment as an Eligible Employee.
(ii)
After Five-Year Break. The nonparticipating terminated Employee who resumes
Employment as an Eligible Employee before January 1, 2012, and after he or she
has incurred a Five-Year Break will be treated as a new Employee under Section
2.1.

(d)
Rules Applicable Starting January 1, 2012. The terminated Participant (whether
Vested or nonvested) who resumes Employment as an Eligible Employee on or after
January 1, 2012, will resume participation as of the date he or she so resumes
Employment in accordance with Section 2.1(b).

2.3
Leased Employees and Independent Contractors. Leased Employees will be treated
as employees to the extent required under Code Section 414(n), but will not be
eligible to participate in this Plan. If a Leased Employee becomes an employee
of the Company or any Controlled Group Member, the Plan will give him or her
credit for Years of Vesting Service for the period when he or she worked as a
Leased Employee, under the rules described in Sections 1.97 and 2.1 applied as
if he or she had been an employee during that period. However, the Plan will not
give such credit if (a) the Leased Employee was covered by a money purchase plan
sponsored by the leasing organization, with 10% contributions and immediate
participation and vesting, and (b) Leased Employees constitute no more than 20%
of the Controlled Group’s nonhighly compensated employees. If an individual who
has worked for an employer as an independent contractor becomes a common-law
employee, or if a court or administrative agency determines that an individual
whom an employer has designated as an independent contractor is in fact a
common-law employee, he or she will not receive credit for any purpose under the
Plan until the date when an employer designates him or her as a common-law
employee.

2.4
Adoption of the Plan by an Affiliate. An Affiliate may adopt the Plan by
appropriate action of its board of directors or authorized officer(s) or
representative(s), subject to approval of the Board. A list of adopting
Affiliates is attached hereto as Appendix 2.4.

Prior to January 1, 2012, the Company may permit entities designated as
“Affiliates,” that are related to the Company but that may not be Controlled
Group Members, to adopt the Plan. In Plan Years when any Affiliate that is not a
Controlled Group Member participates in the Plan as an adopting Employer, the
Plan will be a multiple employer plan within the meaning of Code Section 413(c),
unless the Affiliate limits participation to individuals who participated in the
Plan before the Affiliate adopted the Plan.
2.5
Transfers Among Affiliates.

(a)
Transfer from Affiliate. An Employee who has transferred from employment with
one or more Affiliates in which he or she was not covered by this Plan will
receive Hours of Service credit for Vesting Service for his or her period of
service

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with the Affiliate(s), under the same rules that would have applied if each such
Affiliate had been an adopting Employer; provided such Affiliate was a
Controlled Group Member with an Employer while the employee was performing
services for that Affiliate. An employee who transfers from a position with one
or more Affiliates in which he or she was not covered by this Plan will not
receive Benefit Service for any period when he or she was not actually an
Eligible Employee covered under this Plan, except as provided in Section 1.96
for benefit service under a Prior Plan or in Section 2.6.
(b)
Transfer to Affiliate. An Employee who transfers from an Employer to an
Affiliate that is a Controlled Group Member with an Employer but is not an
adopting Employer will continue to receive Hours of Service credit for Vesting
Service for his or her period of service with the Affiliate, under the same
rules that would apply if the Affiliate were an adopting Employer; provided such
Affiliate is a Controlled Group Member while the employee is performing service
for that Affiliate. The employee will not receive Benefit Service or Pay Credits
for any period after his or her transfer when he or she is not actually an
Eligible Employee covered under this Plan document, except as provided in
Section 2.6. The Plan will not make any payment to the transferred Participant
while he or she is employed by any Affiliate.

2.6
Transfers Between Statutory Employee and Employee Status. This Section 2.6 sets
forth provisions that apply to those individuals who transfer between Statutory
Employee status and Employee status.

(a)
Credit for Vesting Service. A Statutory Employee who transfers to Employee
status will receive credit for Vesting Service under Section 1.97 for his or her
period of service as a Statutory Employee of a Controlled Group Member prior to
such transfer under the same rules that would have applied if such service had
been completed as an Employee. An Employee who transfers to Statutory Employee
status will retain any Vesting Service he or she earned under Section 1.97 prior
to his or her transfer and will continue to earn such Vesting Service credit for
his or her period of service as a Statutory Employee of a Controlled Group
Member after such transfer under the same rules that would have applied if such
service as a Statutory Employee had been completed as an Employee.

(b)
Credit for Benefit Service. A Statutory Employee will not earn any Benefit
Service under this Plan, as described in Section 1.96(a)(v). A Statutory
Employee who transfers to Employee status will not accrue any credit for Benefit
Service under this Plan for his or her period of service as a Statutory Employee
of a Controlled Group Member prior to such transfer, but shall begin to accrue
Benefit Service under Section 1.96 only after he or she becomes a Participant
under this Plan. If a Participant who is an Employee transfers to Statutory
Employee status, he or she will not accrue any credit for Benefit Service under
this Plan after his or her transfer occurs, but he or she will retain any
Benefit Service he or she earned

25

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under this Plan prior to his or her transfer. If such individual subsequently
transfers back to Employee status, he or she will resume accruing Benefit
Service under this Plan as of his or her transfer date. No Benefit Service shall
be credited for any period of time during which an individual is a Statutory
Employee.
(c)
Accrued Benefit. If a Statutory Employee who is a participant in a defined
benefit plan of a Controlled Group Member transfers to Employee status, he or
she shall retain his or her Accrued Benefit under such defined benefit plan to
the extent provided therein, but shall not accrue a benefit under this Plan
until he or she becomes a Participant in accordance with Section 2.1. If a
Participant who is an Employee transfers to Statutory Employee status, he or she
shall retain his or her Accrued Benefit under this Plan, and shall not accrue
any additional benefit under this Plan unless and until he or she transfers back
to Employee status.

2.7
Participation Freeze. Effective January 1, 2009, the Plan was frozen such that
anyone hired or rehired by the Company or an Employer on or after January 1,
2009 (other than as a result of a transfer to an Employer from a Controlled
Group Member that was not an Employer), would not be eligible to become a
Participant in the Plan and did not accrue a benefit hereunder for any Hours of
Service credited on or after that date. A rehired Employee who was Vested or who
has not incurred a Five-Year Break on the date he or she was first credited with
an Hour of Service after such rehire, would become a Participant in the Plan
solely for purposes of being credited with additional Vesting Service.
Notwithstanding the foregoing, if a Participant incurred a Termination Date due
to a qualified termination as defined in the Voya Severance Pay Plan, as in
effect from time to time, and was rehired by the Company or an Employer within
six months of his or her Termination Date, he or she once again became a
Participant in the Plan and was treated, for purposes of the Plan, as if such
Termination Date had not occurred. Effective January 1, 2012, this participation
freeze is lifted and anyone hired or rehired by an Employer on or after that
date will become a Participant in accordance with Section 2.1 and will
participate in the Cash Balance Pension Formula.

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ARTICLE 3
RETIREMENT DATES AND BENEFITS
3.1
Normal Retirement.

(a)
Normal Retirement Date. A Participant will become fully Vested in his or her
Accrued Benefit on the date he or she reaches Normal Retirement Age while
employed with the Employer or any Controlled Group Member. See Appendix 3.1(a)
for Normal Retirement Dates under Prior Plans. A Participant’s retirement
benefit on his or her Normal Retirement Date will equal the sum of the amounts
included under Sections 3.1(b) and (c), as applicable.

(b)
Amount of Normal Retirement Benefit Attributable to Final Average Pay Pension
Formula Accrued Benefit. Each Participant who earns any Years of Benefit Service
after the 2001 Plan Year and prior to his or her Cash Balance Transition Date
will have a Final Average Pay Pension Formula Accrued Benefit equal to the sum
of (i) and (ii) (subject to the minimums set forth in Section 3.1(e)), where:

(i)
is the Participant’s Post-2001 Benefit, which is the sum of (A) and (B),
multiplied by (C) below, payable as of his or her Normal Retirement Date in the
form of a single life annuity, where

(A)
is 1.2% of the Participant’s Final Average Compensation;

(B)
is 0.5% of the Participant’s Final Average Compensation in excess of Covered
Compensation; and

(C)
is the Participant’s Years of Benefit Service earned after December 31, 2001 and
through (but not beyond) his or her Cash Balance Transition Date; and

(ii)
is the Participant’s Prior Plan Benefit attributable to a Final Average Pay
Pension Formula Accrued Benefit, if any, payable as of his or her Normal
Retirement Date in the form of a single life annuity.

(c)
Amount of Normal Retirement Benefit Attributable to Cash Balance Pension Formula
Accrued Benefit. A Participant’s Account will be used to derive the lump-sum
benefit payable to a Participant as a retirement benefit under the Plan. The
Account also will be used to derive the Participant’s Cash Balance Pension
Formula Accrued Benefit expressed as a single life annuity starting on the
Participant’s Normal Retirement Date. Prior to the Participant’s Normal
Retirement Date, the Cash Balance Pension Formula Accrued Benefit will be
derived by projecting the Participant’s Account Balance to his or her Normal
Retirement Date with assumed future Interest Credits at the Interest Credit

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Percentage in effect as of the determination date, but with no assumed future
Pay Credits) and converting such balance into a single life annuity using the
Applicable Interest Rate and Applicable Mortality Table in effect under the Plan
as of the determination date. At the Participant’s Normal Retirement Date, the
Cash Balance Pension Formula Accrued Benefit (when expressed as a single life
annuity) will be derived by converting his or her Account Balance into a single
life annuity using the Applicable Interest Rate and Applicable Mortality Table
in effect under the Plan on the Normal Retirement Date.
(d)
Offset for Other Pensions. If the Participant is receiving, or upon application
would be eligible to receive, an employer-provided benefit under any other
qualified defined benefit plan maintained by any Affiliate, that he or she
accrued during the same period as he or she earned Benefit Service or Pay
Credits under this Plan or benefit service under a Prior Plan, this Plan will
reduce his or her monthly benefit amount by the Actuarial Equivalent of the
employer-provided benefit he or she is receiving or could receive under such
other plan, as calculated on a monthly basis, and to the extent attributable to
the period when he or she earned Benefit Service or Pay Credits under this Plan
or benefit service under a Prior Plan.

(e)
Minimum Benefits and Adjustments. Notwithstanding any contrary provision, in the
case of a Participant who has a Prior Plan Benefit, the following minimums and
adjustments shall apply:

(i)
For an AFS Transition Participant:

(A)
If his or her AFS Minimum Benefit Comparison Annuity (as defined in Appendix
3.1(e)) is greater than the sum of:

(1)
that portion of his or her Final Average Pay Pension Formula Accrued Benefit
attributable to his or her Post- 2001 Benefit; plus

(2)
that portion of his or her Cash Balance Pension Formula Accrued Benefit
attributable to his or her Prior Plan Account Balance;

with each of the above amounts determined as of the Participant’s Termination
Date, then the Participant shall be entitled to a retirement benefit based on
his or her AFS Minimum Benefit as described in Appendix 3.1(e) in lieu of his or
her Final Average Pay Pension Formula Accrued Benefit described in Section
3.1(b) and that portion of his or her Cash Balance Pension Formula Accrued
Benefit described in Section 3.1(c) attributable to his or her Prior Plan
Account Balance. (For clarity, the Participant also shall remain entitled to a
retirement benefit based on his or her

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Cash Balance Pension Formula Accrued Benefit described in Section 3.1(c),
calculated by disregarding the portion thereof attributable to his or her Prior
Plan Account Balance.)
(B)
If his or her AFS Minimum Benefit Comparison Annuity (as defined in Appendix
3.1(e)) is less than the sum of the amounts specified in Section 3.1(e)(i)(A)(1)
and (2), above, but greater than the amount specified in Section
3.1(e)(i)(A)(2), above, then the Participant shall be entitled to:

(1)
his or her Net ING Benefit; plus

(2)
his or her AFS Minimum Benefit as described in Appendix 3.1(e);

in lieu of a retirement benefit based on his or her Final Average Pay Pension
Formula Accrued Benefit described in Section 3.1(b) and that portion of his or
her Cash Balance Pension Formula Accrued Benefit described in Section 3.1(c)
attributable to his or her Prior Plan Account Balance. (For clarity, the
Participant also shall remain entitled to a retirement benefit based on his or
her Cash Balance Pension Formula Accrued Benefit described in Section 3.1(c),
calculated by disregarding the portion thereof attributable to his or her Prior
Plan Account Balance.)
(C)
Otherwise, no minimums or adjustments shall apply under this Section 3.1(e)(i).

(ii)
For any other Participant with a Prior Plan Benefit, his or her Final Average
Pay Pension Formula Accrued Benefit will not be less than his or her Prior Plan
Benefit attributable to a Final Average Pay Pension Formula.

In addition, notwithstanding any contrary provision, in no event will the
Participant’s Final Average Pay Pension Formula Accrued Benefit be less than the
greatest amount he or she could have received as an early retirement benefit
under Section 3.3 attributable to his or her Final Average Pay Pension Formula
Accrued Benefit at any time between his or her Earliest Retirement Date and his
or her Normal Retirement Date. Notwithstanding the foregoing, nothing herein is
intended to change the methodology for calculating the amount of the annuity
benefit payable before Normal Retirement Date that is attributable to the
Account Balance accumulated under the AFS Plan.
(f)
Benefit Commencement Date. The normal retirement benefit will be payable as of
the Participant’s Normal Retirement Date.

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(g)
Adjustment for Form of Payment. The normal retirement benefit payable to the
Participant who receives a form of payment other than the single life annuity
will be adjusted as described in Section 4.1.

3.2
Delayed Retirement.

(a)
Delayed Retirement Date. A Participant who continues Employment after his or her
Normal Retirement Date will be entitled to receive his or her benefit on his or
her Delayed Retirement Date. A Participant’s retirement benefit on his or her
Delayed Retirement Date will equal the sum of the amounts included under
Sections 3.2(b) and (c), as applicable.

(b)
Amount of Delayed Retirement Benefit Attributable to Final Average Pay Pension
Formula Accrued Benefit.

(i)
The Participant who has a Delayed Retirement Date will receive the monthly
benefit amount calculated under Section 3.1(b) on the basis of his or her Final
Average Compensation, Years of Benefit Service, and Covered Compensation as of
his or her Delayed Retirement Date or Cash Balance Transition Date, if earlier
(subject to the minimums set forth in Section 3.2(e)).

(ii)
The Participant who continues active Employment after age 70½ will receive the
greater of:

(A)
the benefit calculated in accordance with Section 3.2(b)(i) as of his or her
Delayed Retirement Date; or

(B)
an Actuarial Equivalent increase in his or her Final Average Pay Pension Formula
Accrued Benefit for the period between April 1 following the calendar year in
which he or she reaches age 70½ and his or her Delayed Retirement Date.

For purposes of this Section 3.2(b)(ii), “benefit” means the Final Average Pay
Pension Formula Accrued Benefit determined under Section 3.2(b)(i) as if
benefits had commenced to the Participant on April 1 of the year following the
calendar year in which he or she reached age 70½ and any benefits accrued after
that date.
(c)
Amount of Delayed Retirement Benefit Attributable to Cash Balance Pension
Formula Accrued Benefit. The Participant who has a Delayed Retirement Date will
have his or her Account credited with Pay Credits (if applicable) and Interest
Credits in accordance with Section 3.9 through the Delayed Retirement Date. At
the Participant’s Delayed Retirement Date, the Cash Balance Pension Formula
Accrued Benefit (when expressed as a single life annuity starting as of the
Participant’s Delayed Retirement Date) will be derived by converting his or her

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Account Balance as of the Delayed Retirement Date into a single life annuity
using the Applicable Interest Rate and Applicable Mortality Table in effect
under the Plan as of the Delayed Retirement Date. Notwithstanding anything in
this Section 3.2(c) or the Plan to the contrary, a Participant who continues
active Employment after age 70 ½ will receive the greater of:
(i)
his or her Account credited with Pay Credits (if applicable) and Interest
Credits in accordance with Section 3.9 through his or her Delayed Retirement
Date; or

(ii)
the actuarial equivalent of his or her Account as of the April 1 following the
calendar year in which he or she reaches age 70 ½ (plus any cash balance
benefits accrued thereafter) as of his or her Delayed Retirement Date.

For purposes of Section 3.2(c)(ii), “actuarial equivalent” for each Plan Year
will be determined using only the highest segment rate prescribed by the
Internal Revenue Service for purposes of determining lump-sum payments under
Code Section 417(e)(3) for the lookback month (as provided in Section 1.12).
Mortality or survivorship will not be considered for this purpose.
(d)
Commencement of Delayed Benefit Payments.

(i)
Delayed Benefit Commencement Date. The delayed retirement benefit will be
payable on the first day of each month beginning on the Participant’s Delayed
Retirement Date.

(ii)
Notice to Participants Who Delay Retirement. The Plan Administrator will provide
to each Participant who has a Final Average Pay Pension Formula Accrued Benefit
and who delays retirement, no later than one month after his or her Normal
Retirement Date, a written notice containing (A) a statement that he or she will
not receive any benefit payments until he or she actually retires, but will
receive an Actuarial Equivalent increase in his or her Final Average Pay Pension
Formula Accrued Benefit for any month between his or her Normal Retirement Date
and his or her actual retirement date when he or she earns fewer than 40 Hours
of Service, and for any month of active Employment after April 1 following the
calendar year in which he or she reaches age 70½, with an offset for the value
of his or her continued accruals; (B) an explanation that his or her benefit
payments are being suspended because he or she is continuing to earn
Compensation; (C) a general description of this provision for delayed retirement
and a photocopy of this Plan Section; (D) a statement that applicable Department
of Labor Regulations may be found in Section 2530.203-3 of the Code of Federal
Regulations; and (E) a statement that the Participant may seek review of his or
her benefit suspension by

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invoking the claims procedures described in Section 9.15. If the Plan
Administrator fails to timely provide this notice to any Participant, his or her
Final Average Pay Pension Formula Accrued Benefit will be increased actuarially
using the factors described in Section 1.4(c), for the period between his or her
Normal Retirement Date and the earlier of the date the notice is given and his
or her Termination Date.
(iii)
The Participant’s retirement benefit on his or her Delayed Retirement Date
(including the portion thereof attributable to the Participant’s Cash Balance
Pension Formula Accrued Benefit, if any) will not be less than the minimum
benefit described in Section 3.1(e).

(e)
Minimum Benefit. A Participant’s retirement benefit shall be subject to the
minimums and adjustments described in Section 3.1(e).

(f)
Adjustment for Form of Payment. The delayed retirement benefit payable to the
Participant who receives a form of payment other than the single life annuity
will be adjusted as described in Section 4.1.

3.3
Termination After Earliest Retirement Date.

(a)
Early Retirement Date. A Vested Participant shall be eligible to receive his or
her benefit on his or her Earliest Retirement Date (as described in the first
paragraph of Section 1.35), provided he or she has incurred a Termination Date
on or after attaining his or her Earliest Retirement Date. A Participant’s
retirement benefit on his or her Earliest Retirement Date will equal the sum of
the amounts included under Sections 3.3(b) and (e), as applicable.

(b)
Amount of Early Retirement Benefit Attributable to Final Average Pay Pension
Formula Accrued Benefit. Subject to the minimums and adjustments specified in
Section 3.3(h), the amount of the benefit attributable to the Participant’s
Final Average Pay Pension Formula Accrued Benefit payable at the Participant’s
Early Retirement Date will equal the greater of:

(i)
the Participant’s total Final Average Pay Pension Formula Accrued Benefit (Prior
Plan Benefit and Post-2001 Benefit) reduced in accordance with the early
retirement reduction factors described in Section 3.3(c) or (d) below, as
applicable; or

(ii)
the Participant’s Prior Plan Benefit attributable to a Final Average Pay Pension
Formula Accrued Benefit reduced in accordance with the reduction factors
described in Appendix 3.3(b)(ii).

(c)
Early Retirement Reduction Factors for Benefits Accrued Between January 1, 2002
and December 31, 2008. For benefits accrued on and after January 1, 2002 and on
or before December 31, 2008, a Participant’s Post-2001 Benefit shall

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be determined by taking the Participant’s Final Average Compensation on his or
her Termination Date, and Years of Benefit Service credited to the Participant
for the period January 1, 2002 through and including December 31, 2008, and
reducing this benefit by 5/12 of 1% for each whole month by which his or her
Benefit Commencement Date precedes the first day of the calendar month on or
next following his or her 62nd birthday. This adjustment also shall apply as the
adjustment to the Net ING Benefit under Section 3.3(h)(ii)(A) (regardless of
when such benefits accrued).
(d)
Early Retirement Reduction Factors for Benefits Accrued On and After January 1,
2009. For benefits accrued on and after January 1, 2009, a Participant’s benefit
shall be determined by taking the Participant’s Final Average Compensation on
his or her Termination Date and applying the benefit formula as in effect on
that date but reflecting only Years of Benefit Service credited to the
Participant for the period beginning on or after January 1, 2009 through the
Participant’s Termination Date and reducing the benefit by the following
reduction factors for a Benefit Commencement Date occurring before the
Participant’s Normal Retirement Age, with such reduction factor being based on
the Participant’s age, in whole years on the Benefit Commencement Date:

Age    Reduction Factor
55    61.20%
56    57.67%
57    53.74%
58    49.38%
59    44.53%
60    33.24%
61    23.14%
62    14.41%
63    7.41%
64    2.46%
65    0.00%

A Participant who has a Benefit Commencement Date that includes whole months
shall have the reduction factor applied as follows: (X/12 times the factor from
the foregoing chart) times (the factor at the older age plus Y/12 times the
factor at the younger age). X equals the number of months remaining to
attainment of the next older age, and Y equals the number of months past the
most recent attained age. This method is referred to as the “interpolation
method” and by way of example only, a person retiring at age 62-3/12 would have
his or her reduction factor determined as follows: (3/12 x .0741) + (9/12 x
.1441) or .1266.
The benefit determined using this formula shall be added to the benefit
determined under Section 3.3(c) to determine the Participant’s total benefit

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attributable to the Participant’s Final Average Pay Pension Formula Accrued
Benefit payable on his or her Early Retirement Date.
(e)
Amount of Early Retirement Benefit Attributable to Cash Balance Pension Formula
Accrued Benefit. The Participant who has an Early Retirement Date will continue
to have his or her Account credited with Interest Credits and, if applicable,
Pay Credits in accordance with Section 3.9 through his or her Early Retirement
Date. The amount of a single life annuity that would be payable to the
Participant as of his or her Early Retirement Date is derived by converting his
or her Account Balance as of the Early Retirement Date into a single life
annuity using the Applicable Interest Rate and Applicable Mortality Table in
effect under the Plan as of his or her Early Retirement Date.

(f)
No Change in Methodology. Notwithstanding the foregoing, (i) nothing herein is
intended to change (A) the methodology for calculating the amount of the annuity
benefit payable before Normal Retirement Date that is attributable to a Prior
Plan Account Balance accumulated under the AFS Plan, or (B) a Participant’s
frozen benefit under the Reliastar Plan or the Lexington Plan, and (ii) a
Participant’s Early Retirement Benefit will not be less than the Participant’s
benefit accrued under the applicable Prior Plan as of the earliest of (A) the
Participant’s Termination Date, (B) the date as of which benefits were frozen
under the applicable Prior Plan, or (C) December 31, 2001 and in any case based
on the applicable Prior Plan’s benefit formula and early commencement reduction
factors then in effect as described in the applicable Appendix.

(g)
Benefit Commencement Date. The Accrued Benefit of the Participant who retires
early will be payable as of the first day of each month beginning on his or her
Normal Retirement Date, unless he or she elects to begin payments earlier on the
first day of any month on or after his or her Earliest Retirement Date (as
described in the first paragraph of Section 1.35). Section 1.14 describes the
Participant’s rights to select separate Benefit Commencement Dates for his or
her Final Average Pay Pension Formula Accrued Benefit and Cash Balance Pension
Formula Accrued Benefit.

(h)
Minimum Benefit. A Participant’s retirement benefit shall be subject to the
minimums and adjustments described in Section 3.1(e). An AFS Transition
Participant who is entitled to minimum benefit under Section 3.1(e) shall be
entitled to the following:

(i)
In the case of an AFS Transition Participant who is entitled to a minimum
benefit under Section 3.1(e)(i) in lieu of his or her Final Average Pay Pension
Formula described in Section 3.1(b) and that portion of his or her Cash Balance
Pension Formula Accrued Benefit described in Section 3.1(c) attributable to his
or her Prior Plan Account Balance, his or her AFS Minimum Benefit as described
in Appendix 3.1(e).

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(ii)
In the case of an AFS Transition Participant who is entitled to a minimum
benefit under Section 3.1(e)(ii) in lieu of his or her Final Average Pay Pension
Formula described in Section 3.1(b) and that portion of his or her Cash Balance
Pension Formula Accrued Benefit described in Section 3.1(c) attributable to his
or her Prior Plan Account Balance, the sum of:

(A)
his or her Net ING Benefit reduced for early commencement in accordance with the
early retirement reduction factors described in Section 3.3(c) above; plus

(B)
his or her AFS Minimum Benefit as described in Appendix 3.1(e).

(For clarity, the Participant also shall remain entitled to a retirement benefit
based on his or her Cash Balance Pension Formula Accrued Benefit described in
Section 3.1(c), calculated by disregarding the portion thereof attributable to
his or her Prior Plan Account Balance.)
(i)
Adjustment for Form of Payment. The early retirement benefit payable to the
Participant who receives a form of payment other than the single life annuity
will be adjusted as described in Section 4.1.

3.4
Termination Before Earliest Retirement Date.

(a)
Eligibility for Benefits

(i)
Termination Prior to Becoming Vested. The Participant who incurs a Termination
Date before he or she becomes Vested will not receive any benefits under this
Plan unless he or she resumes employment with an Employer or Controlled Group
Member and becomes Vested after resumption of employment with an Employer or
Controlled Group Member. Further, the Accrued Benefit of the terminated
non-Vested Participant will be forfeited upon his or her incurring a Termination
Date, but shall be restored (and any forfeited Account Balance will be restored
with Interest Credits) upon resumption of Employment with an Employer or
Controlled Group Member before a Five-Year Break or after December 31, 2011.

(ii)
Termination After Becoming Vested. The Participant who incurs a Termination Date
after he or she has become Vested, for any reason other than retirement or
death, will be entitled to the monthly Vested termination benefit described in
Sections 3.4(b) and (c), as applicable.

(b)
Amount of Vested Termination Benefit Attributable to Final Average Pay Pension
Formula Accrued Benefit. The Participant who is Vested and who incurs a
Termination Date prior to attaining his or her Earliest Retirement Date (as
described in the first paragraph of Section 1.35) will be eligible to receive a

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Vested termination benefit starting on or after attaining such Earliest
Retirement Date based upon his or her Final Average Pay Pension Formula Accrued
Benefit, if any, with monthly payments (when paid as a single life annuity)
equal to the Participant’s Final Average Pay Pension Formula Accrued Benefit
reduced for early payment in accordance with this Section 3.4(b) if he or she
commences benefit payments prior to attaining his or her Normal Retirement Date.
His or her Post-2001 Benefit shall be reduced by the factors in Section l.4(c).
If he or she receives his or her Final Average Plan Pension Formula Accrued
Benefit as an annuity, it will be reduced to an Actuarial Equivalent annuity
benefit commencing as of the applicable Benefit Commencement Date.
Notwithstanding the foregoing, a Participant’s Vested termination benefit will
not be less than the greater of (A) the Participant’s Final Average Pay Pension
Formula Accrued Benefit (including any associated Net ING Benefit) accrued as of
December 31, 2004 reduced by the early retirement factors described in Section
3.3(b), or (B) the Participant’s benefit accrued under the applicable Prior Plan
as of the earliest of (i) the Participant’s Termination Date, (ii) the date as
of which benefits were frozen under the applicable Prior Plan, or (iii) December
31, 2001, and in any case based on the applicable Prior Plan’s benefit formula
and early commencement reduction factors then in effect as described in Appendix
3.3(b)(ii).
(c)
Amount of Vested Termination Benefit Attributable to Cash Balance Pension
Formula Accrued Benefit. The Participant who is Vested and who incurs a
Termination Date prior to attaining his or her Earliest Retirement Date (as
described in the first paragraph of Section 1.35) will be eligible to receive a
Vested termination benefit starting on the first day of the month next following
his or her Termination Date, or the first day of any later month (but not later
than his or her Normal Retirement Date) based upon his or her Cash Balance
Pension Formula Accrued Benefit. The Participant will continue to have his or
her Account credited with Interest Credits and, if applicable, Pay Credits in
accordance with Section 3.9 through his or her Benefit Commencement Date. The
amount of a single life annuity that would be payable to the Participant as of
any Benefit Commencement Date is derived by converting his or her Account
Balance as of the Benefit Commencement Date into a single life annuity using the
Applicable Interest Rate and Applicable Mortality Table in effect under the Plan
as of the Benefit Commencement Date.

(d)
Benefit Commencement Date. The Accrued Benefit of the Participant who incurs a
Termination Date after completing sufficient Vesting Service to be Vested will
be payable as of the first day of each month beginning on his or her Normal
Retirement Date, unless he or she elects to begin receiving his or her benefit
attributable to his or her Final Average Pay Pension Formula Accrued Benefit or
Cash Balance Pension Formula Accrued Benefit early. Section 1.14 describes the
Participant’s rights to select separate Benefit Commencement Dates for his or
her

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Final Average Pay Pension Formula Accrued Benefit and Cash Balance Pension
Formula Accrued Benefit.
(e)
Adjustment for Form of Payment. The retirement benefit payable to the Vested
terminated Participant who receives a form of payment other than the single life
annuity will be adjusted as described in Section 4.1.

3.5
Disability Retirement. This Section will apply to a Participant who incurs a
Disability after December 31, 2001 (or after December 31, 1999 for Participants
in the LOG Plan (other than the Field Force, as defined in the LOG Plan), the
SLD Plan or this Plan) and prior to January 1, 2012. For a Participant who
incurs a Disability on or after January 1, 2012, a retirement benefit will not
be payable under this Section 3.5, but such Participant will become Vested under
Section 1.94 as a result of such Disability and may be entitled to a retirement
benefit under Sections 3.1, 3.3, or 3.4, as applicable. In the case of a
Participant who incurs a Disability, ceases to be Disabled, and then again
incurs a subsequent Disability (whether or not related to the prior Disability),
the most recent date of Disability will be considered in determining whether
this Section 3.5 applies to the Participant.

(a)
Eligibility.

(i)
Disabled Vested Participant. A Disabled Vested Participant will be entitled to
the Final Average Pay Pension Formula Accrued Benefit described in Section
3.1(b)(i) or Cash Balance Pension Formula Accrued Benefit under Section
3.1(b)(ii) so long as he or she continues to be Disabled until the earlier of
(A) his or her death, (B) his or her Benefit Commencement Date, or (C) his or
her Cash Balance Transition Date. If he or she ceases to be Disabled before his
or her Earliest Retirement Date (as described in the first paragraph of Section
1.35), his or her entitlement to imputed benefit accruals is conditioned upon
his or her meeting the requirements described in Section 3.5(d).

(ii)
Disabled Non-Vested Participant. The Participant who incurs a Disability before
he or she has completed sufficient Vesting Service to be Vested, will continue
to receive credit for Vesting Service, for the sole purpose of vesting in his or
her Accrued Benefit determined as of his or her Termination Date by reason of
the Disability, so long as he or she continues to be Disabled. Once such
Participant is Vested, he or she thereafter will be treated as a terminated
Vested Participant in accordance with Section 3.4. If the Participant ceases to
be Disabled prior to completing sufficient Vesting Service to be Vested and
fails to return to employment with an Employer or Controlled Group Member after
ceasing to be Disabled, the Participant’s benefit shall be determined pursuant
to Section 3.5(d).

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(b)
Amount of Retirement Benefit. The Disabled Vested Participant will receive a
benefit based on both the Final Average Pay Pension Formula and his or her
Account Balance.

(i)
Final Average Pay Pension Formula. If the Disabled Vested Participant has a
Disability that continues until his or her Normal Retirement Date, he or she
will receive a monthly benefit in the amount he or she would have received as a
normal retirement benefit under the Post-2001 Benefit, calculated as if (A) his
or her Employment had continued for purposes of Benefit Service until the
earliest of (i) his or her Normal Retirement Date, (ii) his or her Benefit
Commencement Date, or (iii) his or her Cash Balance Transition Date, and (B) his
or her Final Average Compensation and Covered Compensation is determined as of
the date his or her Employment terminated by reason of Disability (or his or her
Cash Balance Transition Date, if earlier). However, if the sum of the Disabled
Vested Participant’s benefit under this Section 3.5(b)(i) (projected to be paid
as of his or her Normal Retirement Date) and his or her Prior Plan Benefit
described in Section 3.1(b)(ii) is less than his or her AFS Minimum Benefit
described in Section 3.1(e), such Disabled Vested Participant shall not be
entitled to a benefit under this Section 3.5(b)(i), but instead shall be
entitled to his or her AFS Minimum Benefit described in Section 3.1(e). The
Disabled Vested Participant may elect to begin receiving his or her benefits
described in this Section 3.5(b)(i) early as of the first day of any month on or
after he or she reaches his or her Earliest Retirement Date, and his or her
benefit will be reduced for early payment under Section 3.3(b).

(ii)
Account Balance. After a Disabled Vested Participant reaches his or her Cash
Balance Transition Date, he or she shall be entitled to Pay Credits under
Section 3.9 so long as he or she remains eligible under Section 3.5(a)(i). For
purposes of determining Pay Credits, a Participant’s Compensation for a given
month while he or she remains Disabled shall be deemed to be equal to 1/12 of
his or her Final Average Compensation determined as of his or her Termination
Date. The Disabled Vested Participant may elect to receive his or her Account
Balance in a lump-sum payment, or he or she may elect to receive an annuity form
of payment for his or her Account Balance as described in Section 3.4 following
the earlier of the date he or she ceases to be Disabled or his or her Normal
Retirement Date. Notwithstanding the foregoing, a Disabled Vested Participant
whose Prior Plan was the AFS Plan shall not be entitled to a lump-sum payment of
the entire Account Balance, but shall be limited to the lump-sum payment
described in Appendix 4.1(b).

(iii)
Prior Plan Benefit. A Disabled Vested Participant may elect to receive his or
her Prior Plan Benefit on or after his or her Earliest Retirement Date

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under such Prior Plan and, if so, the benefit described in Section 3.5(b)(i)
will be paid at the later of the same time as the Prior Plan Benefit or his or
her Earliest Retirement Date (as described in the first paragraph of Section
1.35).
(c)
Benefit Commencement Date. The retirement benefit will be payable to the
Disabled Vested Participant on the first day of each month beginning on his or
her Normal Retirement Date, unless he or she is eligible for and elects to begin
receiving benefits earlier following his or her Termination Date. Section 1.14
describes the Participant’s rights to select separate Benefit Commencement Dates
for his or her Account Balance and for his or her Final Average Pay Pension
Formula Accrued Benefit. His or her Final Average Pay Pension Formula Accrued
Benefit shall be reduced by the factors in Section 3.3 or Section 3.4, as
applicable, if he or she commences benefit payments prior to attaining his or
her Normal Retirement Date. If he or she receives the Account Balance as an
annuity, such annuity shall be derived by converting his or her Account Balance
as of the Benefit Commencement Date into an annuity using the Applicable
Interest Rate and Applicable Mortality Table in effect under the Plan as of the
Benefit Commencement Date.

(d)
Recovery Without Resumption of Employment.

(i)
Timely Notice of Recovery. The Disabled Vested Participant who recovers from a
Disability before his or her Normal Retirement Date, notifies his or her
Employer within 30 days after his or her recovery date and offers to immediately
resume Employment, but does not resume Employment because his or her Employer
does not have a suitable position available (as determined by the Plan
Administrator in its sole discretion), will be treated as if he or she earned
Benefit Service until his or her recovery date. The recovered Disabled Vested
Participant will be entitled to receive the benefit described in Section 3.3 or
Section 3.4, as applicable, based on his or her Years of Benefit Service as of
his or her recovery date and his or her Final Average Compensation and Covered
Compensation as of his or her Termination Date as a result of Disability.

(ii)
Failure to Timely Notify. The Disabled Vested Participant who recovers and
either fails to notify his or her Employer within 30 days after his or her
recovery date, or refuses to immediately resume Employment, will be treated as
if his or her Termination Date occurred on his or her Disability commencement
date.

(e)
Forfeiture of Disability Status. The Disabled Vested Participant will not be
entitled to the benefits described in this Section 3.5 if his or her Disability
results from any of the following: (1) continuing abuse of drugs or alcohol that
is not protected under the Americans with Disabilities Act of 1990; (2) injury
or disease sustained while willfully participating in acts of violence, riots,
civil insurrections

39

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or while committing a felony; (3) injury or disease sustained while serving in
any armed forces or as the result of warfare (except to the extent prohibited
under USERRA); (4) injury or disease sustained after his or her Termination
Date; (5) injury or disease sustained while working for anyone other than an
Employer, that is directly attributable to such employment; or (6) intentional,
self-inflicted injury.
3.6
Benefits Upon Rehire.

(a)
Suspension of Benefits on Rehire. If an individual is receiving monthly benefit
payments from the Plan, and he or she is rehired by an Employer prior to January
1, 2012, and is credited with Benefit Service on or after his or her rehire
date, he or she shall have his or her monthly benefit payments suspended as of
the first day of the Plan Year immediately following the Plan Year in which the
rehired Employee first completes 1,000 Hours of Service. There shall be no
suspension of benefits for any individual who is receiving monthly payments at
the time he or she is rehired by an Employer if he or she is rehired after
December 31, 2011, or if he or she is not credited with Benefit Service
subsequent to the rehire date. When the rehired Participant retires again, the
Plan will first calculate his or her gross monthly benefit under applicable
provisions of the Plan by aggregating all of his or her Years of Benefit Service
and based on his or her Final Average Compensation as of his or her subsequent
Benefit Commencement Date. For Participants whose benefits first commence or who
are reemployed on or after August 1, 2005, that gross monthly benefit shall be
reduced by the actuarial equivalent value (determined as of his or her
subsequent Benefit Commencement Date) of the retirement payments previously made
to him or her; provided, however, that the monthly benefit payable in the form
of a single life annuity at the subsequent Benefit Commencement Date will in no
event be less than the monthly benefit payable in the form of a single life
annuity at the immediately preceding Benefit Commencement Date. Actuarial
Equivalence for this purpose is based on interest only using the same rate as
used for the Interest Credit Percentage, but not more than 7.0%. If the initial
Benefit Commencement Date was before the Participant’s Normal Retirement Date,
he or she will be permitted to elect a different form of payment after his or
her subsequent retirement; otherwise he or she will not. The retired Participant
who becomes a common-law employee of an Affiliate will be treated as if he or
she had resumed Employment.

(b)
No Repayment of Account Balance. The Participant who terminates Employment for
any reason, receives a cash out of his or her Account Balance and resumes
Employment with an Employer, will not be permitted to repay his or her cash out.
He or she will resume Employment with a zero Account Balance.

(c)
Notice to Participants Whose Payments are Suspended. The Plan Administrator will
provide to each Participant who retires, begins receiving monthly retirement
benefits, and then resumes Employment and has his or her payments suspended
under Section 3.6(a), no later than one month after the

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suspension date, a written notice containing (1) a statement that he or she will
not resume benefit payments until he or she again incurs a Termination Date, but
will receive an Actuarial Equivalent increase in his or her Final Average Pay
Pension Formula Accrued Benefit for any month between his or her Normal
Retirement Date and his or her actual retirement date when he or she earns fewer
than 40 Hours of Service, and for any month of active Employment after April 1
following the calendar year in which he or she reaches age 70½, with an offset
for the value of his or her continued accruals; (2) an explanation that his or
her benefit payments are being suspended because he or she is continuing to earn
Benefit Service; (3) a general description and a photocopy of Section 3.6; (4) a
statement that applicable Department of Labor Regulations may be found in
Section 2530.203-3 of the Code of Federal Regulations; and (5) a statement that
the Participant may seek review of his or her benefit suspension by invoking the
claims procedures described in Section 9.15. If the Plan Administrator fails to
timely provide this notice to any Participant, his or her Final Average Pay
Pension Formula Accrued Benefit will be increased actuarially, using the factors
described in Section 1.4(c), for the period between his or her suspension date
and the earlier of the date the notice is given and his or her Termination Date.
3.7
Cost-of-Living Increase. The Plan will not make post-retirement adjustments to
benefits accrued after December 31, 2001 except as described in Appendix 3.7.

3.8
No Duplication of Benefits. A Participant shall not be entitled to earn a
benefit under this Plan and a benefit under another retirement plan (“Other
Benefit Plan”) maintained or sponsored by a Controlled Group Member (“Other
Controlled Group Plan”) for the same period of employment, except for a
retirement benefit based solely on contributions made by the Participant to the
Other Controlled Group Plan by way of salary deferral. If a Participant accrues
a benefit under an Other Benefit Plan for any period of service for which he or
she is entitled to a benefit under this Plan, the Accrued Benefit determined
under this Article 3 shall be reduced by the amount of such other benefit. For
purposes of determining the amount of the reduction, the Accrued Benefit under
this Plan shall be reduced by the single life annuity benefit payable at the
same time to the Participant under any Other Benefit Plan, and if the benefit
under the Other Benefit Plan is not payable in the single life annuity form or
at the same time, it shall be converted to a single life annuity benefit payable
at the same time as the benefit under this Plan using the actuarial equivalence
factors in Section 1.4(a). If a reduction in benefits is also called for in such
Other Benefit Plan or Plans, the reduction shall be made in the order in which
the Participant participated in such plans, with the reduction being made first
in the plan in which the Participant participated last before his or her
retirement and there will be no reduction to the benefit payable under the first
plan in which the Participant participated.

3.9
Cash Balance Accounts; Pay and Interest Credits.

(a)
Cash Balance Account. A notional Account will be maintained for each Participant
who is an Eligible Employee after December 31, 2011, as an

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accounting device used to determine his or her Cash Balance Pension Formula
Accrued Benefit, the retirement benefit payable to such Participant, and the
survivor benefit payable to his or her Beneficiary.
A Participant’s Account will have a balance of zero dollars plus, if applicable,
the balance of his or her Prior Plan Account Balance when it is first
established on behalf of the Participant. Thereafter, the Account of a
Participant who is an Eligible Employee will be credited with Pay Credits in
accordance with (b), below, and the Account of any Participant (regardless of
whether he or she is then an Employee or Eligible Employee) will be credited
with Interest Credits in accordance with (c), below. For the avoidance of doubt,
effective January 1, 2017, the Participant’s Account as of the Participant’s
Benefit Commencement Date used to derive the lump-sum benefit and Cash Balance
Pension Formula Accrued Benefit shall be no less than the sum of the Pay Credits
to such Participant’s Account, reduced to reflect the value of any prior
distributions and any other amounts to the extent that such amounts may be
disregarded pursuant to Treas. Reg. Section 1.411(b)(5)-1(d)(2).
When a Participant receives (or starts to receive or is deemed to have received)
payment of a retirement benefit attributable to his or her Cash Balance Pension
Formula Accrued Benefit, then the balance of his or her Account will be reduced
to zero dollars.
(b)
Pay Credits. The Account of a Participant who was an Eligible Employee and
participating under the Final Average Pay Pension Formula on December 31, 2011,
will be credited for each month beginning after his or her Cash Balance
Transition Date during which he or she is an Eligible Employee for all or a
portion of such month with an amount (called a “Pay Credit”) equal to 4% of the
Compensation paid to him or her during that month. The Account of any other
Participant who becomes (or again becomes) an Eligible Employee after December
31, 2011 will be credited each month during which he or she is an Eligible
Employee for all or a portion of such month with a Pay Credit equal to 4% of the
Compensation paid to him or her during that month. Pay Credits will be added to
the Participant’s Account as of the last day of the month.

(c)
Interest Credits. The Account of any Participant (regardless of whether he or
she is then an Employee or Eligible Employee) will be credited with interest
(called an “Interest Credit”) as of the last day of each calendar month at a
rate equal to 1/12 of the Interest Credit Percentage in effect for the Plan Year
rounded to the nearest six decimal places (with the resulting Account Balance
then rounded to the nearest two decimal places). Notwithstanding the above, the
interest rate used to calculate the Interest Credit on the Prior Plan Account
Balance attributable to the AFS Plan shall not be less than 1/12 of the annual
rate specified in Appendix 3.1(b)(ii). The Interest Credit will be calculated on
the balance of the Account as of the first day of the month (which includes the
Pay Credit for the prior month,

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but not the Pay Credit for the current month). Except in the case of a Prior
Plan Account, interest will not be credited prior to a Participant’s Cash
Balance Transition Date.

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ARTICLE 4
PAYMENT OF BENEFITS
4.1
Forms of Payment. The forms of payment provided by the Plan are described below.

(a)
Normal Form. The Normal Form of benefit payable to the unmarried Participant
will be the single life annuity described in Section 4.1(b)(i). The Normal Form
of benefit payable to the married Participant will be the qualified joint and
survivor annuity, which is the 50% joint and survivor annuity described in
Section 4.1(b)(ii) with the Spouse as the Beneficiary. If a benefit is payable
as a monthly annuity and the Participant’s Benefit Commencement Date precedes
his or her Earliest Retirement Date (as described in the first paragraph of
Section 1.35), the only form available is the Normal Form, except as otherwise
provided in Section 4.1(b)(ii). A Participant whose Benefit Commencement Date is
on or after his or her Earliest Retirement Date (as described in the first
paragraph of Section 1.35), may select an Optional Form described in Section
4.1(b). A Participant whose Benefit Commencement Date precedes his or her
Earliest Retirement Date and who has a Spouse or Domestic Partner may select an
Optional Form that is a joint and survivor annuity with a survivor percentage of
50% or 75% as described in Section 4.1(b)(ii). Unless the Participant is
eligible to and elects one of the Optional Forms described in Section 4.1(b),
the Plan will pay his or her Accrued Benefit in his or her Normal Form. See
Appendix 4.1(a) for special rules.

(b)
Optional Forms. Except as otherwise provided below, the following Optional Forms
of payment are available only if the Participant’s Benefit Commencement Date is
on or after his or her Earliest Retirement Date (as described in the first
paragraph of Section 1.35). An eligible Participant may elect an Optional Form
only in accordance with the procedures described in Section 4.3. A Participant
may separately elect from the Optional Forms described in this Section 4.1(b),
using the procedures described in Section 4.3 for his or her (i) entire Accrued
Benefit, (ii) Final Average Pay Pension Formula Accrued Benefit, or (iii) Cash
Balance Pension Formula Accrued Benefit. Further, a Participant who was a
Participant in a Prior Plan may separately elect from the Optional Forms
described in this Section 4.1(b), using the procedures described in Section 4.3
for his or her (i) entire Accrued Benefit, (ii) Prior Plan Benefit or AFS
Minimum Benefit, (iii) Prior Plan Account Balance, or (iv) Net ING Benefit. A
Participant who was a Participant in a Prior Plan may elect from the applicable
optional forms described in Appendix 4.1(b), using the procedures described in
Section 4.3, for his or her Prior Plan Benefit only. The Joint and Survivor
Annuity and the Term Certain and Life Annuity will be the Actuarial Equivalent
(based on the factors in Section 1.4(a)) of the benefit payable to the
Participant as single life annuity as of the Benefit Commencement Date.

(i)
Single Life Annuity. The single life annuity attributable to the Final Average
Pay Pension Formula Accrued Benefit is a monthly benefit in the

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amount determined under the applicable provisions of Article 3, beginning on the
Participant’s Benefit Commencement Date and payable throughout his or her
lifetime, ending with the last payment due on the first day of the month in
which his or her death occurs.
The single life annuity attributable to the Cash Balance Pension Formula Accrued
Benefit is a monthly benefit in an amount determined by converting the
Participant’s Account Balance as of the Benefit Commencement Date into a single
life annuity using the Applicable Interest Rate and Applicable Mortality Table
in effect under the Plan as of the Benefit Commencement Date.
(ii)
Joint and Survivor Annuity. The joint and survivor annuity is a reduced monthly
benefit beginning on the Participant’s Benefit Commencement Date and payable
throughout his or her lifetime, with either 50%, 66 2/3%, 75% or 100%, as
elected by the Participant, of that monthly amount continuing for life to his or
her surviving Spouse or Domestic Partner beginning on the first day of the month
following the month in which the Participant’s death occurs. A Participant with
a Spouse or Domestic Partner may elect a joint and survivor annuity with a 50%
or 75% survivor percentage with his or her Spouse or Domestic Partner as the
Beneficiary even if his or her Benefit Commencement Date precedes his or her
Earliest Retirement Date. A married Participant may not select a Beneficiary
other than his or her Spouse.

(iii)
Term Certain and Life Annuity. The term certain and life annuity is a reduced
monthly benefit beginning on the Participant’s Benefit Commencement Date and
payable throughout his or her lifetime, ending with the last payment due on the
first day of the month preceding the month in which his or her death occurs. If
the Participant dies within the period certain that he or she elected (five
years or ten years) following his or her Benefit Commencement Date, payments
will continue to his or her Beneficiary for the remainder of the guaranteed
period. If the Participant named multiple Beneficiaries, the Plan will pay the
Actuarial Equivalent of the remaining monthly payments in lump-sum payments to
the surviving Beneficiary(ies), in the amounts or percentages designated by the
Participant. If there is a single Beneficiary and he or she dies within the
guaranteed payment period, the Plan will pay the Actuarial Equivalent of the
remaining monthly payments in a lump sum to the Participant’s surviving
contingent beneficiary if any, or if none then to the Beneficiary’s surviving
named beneficiary if any, or if none then to the Beneficiary’s estate. If the
Beneficiary is not a natural person, for example, a trust or an estate, the
Actuarial Equivalent lump-sum value of the remaining payments due to such
Beneficiary, using the factors in Section 1.4(a), will be paid to the
Beneficiary in a lump sum.

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(iv)
Elective Lump Sum for Account Balance and Immediate Annuity. A Vested
Participant (other than with respect to a Prior Plan Account Balance
attributable to the AFS Plan) may elect to receive his or her Account Balance in
a single lump-sum payment or in monthly annuity payments as of the Benefit
Commencement Date described in Section 1.14(a), regardless of its value and his
or her age on his or her Termination Date. Additionally, if a Participant is
entitled to and does elect to receive his or her entire Account Balance in a
lump sum and the Actuarial Equivalent lump-sum value of the Participant’s Final
Average Pay Pension Formula Accrued Benefit is $5,000 or less, the Participant
may elect to receive his or her entire Accrued Benefit in an Actuarial
Equivalent lump sum or in an Immediate Annuity as of the first day of any month
after his or her Termination Date. Except as provided in this Section
4.1(b)(iv), Section 4.1(b)(v), Section 4.1(c), and Section 4.2, the Plan will
pay the Final Average Pay Pension Formula portion of a Participant’s Accrued
Benefit in an annuity form.

(v)
Limited Lump Sum for AFS Minimum Benefit or AFS Prior Plan Account Balance, and
Immediate Annuity. A Participant whose Prior Plan was the AFS Plan shall have a
limited lump-sum option with respect to his or her AFS Minimum Benefit or Prior
Plan Account attributable to the AFS Plan as described in Appendix 4.1(b).

(vi)
Full Lump Sum for Certain Former USLICO Plan Participants. A Participant who is
a former employee of the International Trust Company of Liberia or its
subsidiaries, whose Prior Plan Benefit includes benefits under the USLICO Plan
and who is a Liberian citizen and resides in Liberia at the time of his or her
Benefit Commencement Date may elect to receive his or her entire Vested Accrued
Benefit in a single lump-sum payment or an Immediate Annuity as of the first day
of any month after his or her Termination Date.

(c)
Automatic Lump Sum.

(i)
Not Over $5,000. If a Participant’s vested Accrued Benefit has a lump-sum
Actuarial Equivalent value not greater than $5,000 after his or her Termination
Date, the Plan will pay his or her entire benefit in the form of a lump-sum
payment, made as soon as administratively practicable after the Termination
Date, as follows:

(A)
If the Participant makes an affirmative election to receive a distribution, the
distribution will be paid in cash to the Participant;

(B)
If the Participant makes an affirmative election of a direct rollover under
Section 4.6, the distribution will be paid in cash to the eligible retirement
plan or Roth IRA designated by the Participant

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(a direct rollover may be in the form of an electronic transfer of funds to the
eligible retirement plan or Roth IRA, or a check made payable to such eligible
retirement plan or Roth IRA but delivered to the Participant); or
(C)
If the Participant fails to make an affirmative election to receive a
distribution or a direct rollover, then:

(1)
If the Participant has attained his/her Normal Retirement Age, or if the
cash-out value of his/her Accrued Benefit does not exceed $1,000 (regardless of
the age of Participant), the distribution will be paid in cash to the
Participant.

(2)
Otherwise, the distribution will be paid in cash to an individual retirement
account or annuity established for the benefit of the Participant with a
financial institution designated for this purpose by the Plan Administrator in
accordance with the requirements of Code Section 401(a)(31)(B).

If the cash-out value of the Participant’s Accrued Benefit exceeds $5,000 at the
Participant’s Termination Date, but subsequently falls below such amount prior
to Benefit Commencement Date (for example, because of a change in the Applicable
Interest Rate or the Applicable Mortality Table then in effect), the Plan
Administrator may then direct that a direct rollover be made pursuant to
paragraph (1) or (2), as applicable.
Notwithstanding anything in the Plan or the applicable Appendix to the contrary,
this Section 4.1(c)(i) applies to all Participants, regardless of whether such
Participant’s benefits are determined under the terms of this Plan, a prior
version of this plan or a prior plan that merged into this Plan.
In the event benefit payments have begun to a Participant or surviving Spouse,
and the Accrued Benefit had a lump-sum Actuarial Equivalent value no greater
than $5,000 as of the Benefit Commencement Date, the Plan Administrator will
cash out the remaining benefit only if the Participant and his or her Spouse, or
his or her surviving Spouse if the Participant is deceased, consent in writing.
The Plan Administrator need not obtain consent from a non-Spouse Beneficiary.

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(ii)
Constructive Cash Out. Regardless of the present value of his or her Accrued
Benefit, each non-Vested Participant will be treated as having received a
constructive cash out of his or her entire Accrued Benefit as of his or her
Termination Date. In the case of a Participant who has not incurred a Five-Year
Break prior to January 1, 2012 and resumes Employment, he or she will be treated
as having repaid his or her constructive cash out as of the date he or she
resumes Employment.

4.2
Opportunity to Cash Out Annuity Benefit. A Participant who was employed by the
Bank of Liberia, is a Liberian citizen, currently resides in Liberia, and who
immediately before the effective date of this Section 4.2 was receiving his or
her benefits in an annuity form of payment may elect (with the consent of his or
her Spouse, if any) to receive a lump-sum payment in lieu of the remainder of
such annuity payments. The lump sum shall be paid as soon as practicable after
the election is received and the amount payable shall be equal to the Actuarial
Equivalent (determined as of the date as of which such lump sum is paid) of the
remainder of the annuity payable to such Participant and any survivor benefits
associated with that annuity form of payment. The Participant shall be provided
with an explanation of the lump-sum benefit and his or her right to waive the
remainder of the annuity payments containing the same information required to be
provided under Section 4.3(a) and (b).

4.3
Election Procedures. Subject to the Spousal consent requirements described
below, the Participant may elect, or revoke a previous election and make a new
election, within the 90-day period ending on his or her Benefit Commencement
Date, to receive his or her benefit in the Normal Form described in Section
4.1(a) or in one of the Optional Forms described in Section 4.1(b). A
Participant may make a separate election for his or her (i) entire Accrued
Benefit, (ii) Final Average Pay Pension Formula Accrued Benefit, or (iii) Cash
Balance Pension Formula Accrued Benefit. Further, a Participant who has a Prior
Plan Benefit may make a separate benefit election with respect to the components
of his or her Accrued Benefit as follows: (1) his or her entire Accrued Benefit,
(2) his or her Account Balance and his or her Final Average Pay Pension Formula
Accrued Benefit, (3) his or her Prior Plan Benefit (including his or her Prior
Plan Account Balance) and his or her Net ING Benefit, or (4) his or her Account
Balance, his or her Prior Plan Benefit attributable to the Final Average Pay
Pension Formula and his or her Net ING Benefit. No Participant will receive more
than one annuity form of payment unless he or she has both a Final Average Pay
Pension Formula Accrued Benefit and Cash Balance Pension Formula Accrued Benefit
and he or she elects a different payment form for each, or he or she has a Prior
Plan Benefit and elects an annuity form with respect to that Prior Plan Benefit
or his or her Prior Plan Account Balance. The election cannot be changed after
the Benefit Commencement Date. Each election must be in writing on a form
prescribed by the Plan Administrator. If the Beneficiary is not the
Participant’s Spouse, the Participant may not elect any option unless the
present value of the payments expected to be made to him or her complies with
the incidental death benefit rule under Code Section 401(a)(9)(G).

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(a)
Explanation of Normal Form Annuity. The Plan Administrator will provide to each
Participant a written explanation of the Normal Form annuity and in the case of
a married Participant, the joint and 50% survivor annuity and the joint and 75%
survivor annuity, no more than 90 days nor less than 30 days before his or her
intended retirement date. The written communication will explain (1) the terms
and conditions of each annuity; (2) the Participant’s right to waive, and the
effect of an election to waive the annuity; (3) the right of the Participant’s
Spouse (if any) to refuse to consent to a waiver of the annuity; and (4) the
right to revoke an election to waive the annuity, and the effect of a revocation
of such election and such other information as is required to be provided under
the applicable regulations.

(b)
Waiver of the Normal Form Annuity. The Participant may elect to waive the Normal
Form annuity, and may revoke any such election, during the election period. Each
election must be in writing and (1) must be signed by the Participant, and his
or her Spouse (if any); (2) the Spouse’s consent must acknowledge the effect of
the election and that he or she cannot later revoke the waiver; (3) the Spouse’s
consent must specifically approve each named Beneficiary and each elected
optional form of payment; and (4) the Spouse’s consent must be witnessed by a
notary public or Plan representative. Spousal consent will not be required if
the Participant provides the Plan Administrator with a decree of abandonment or
legal separation, or with evidence satisfactory to the Plan Administrator in its
sole discretion that he or she cannot obtain consent because he or she has been
unable to locate his or her Spouse after reasonable effort. If the Spouse is
incompetent, the Spouse’s legal guardian may give consent, even if the guardian
is the Participant. If the Participant does not submit a valid waiver by the end
of his or her election period, the Plan will pay his or her benefit in his or
her Normal Form.

(c)
Election Period. The election period required by Code Section 417 for waiving
the Normal Form will begin on the date the Participant receives the written
explanation required under Section 4.3(a) and will end on his or her Benefit
Commencement Date. The Participant and Spouse, if any, may affirmatively waive
the 30-day election period but must have an election period of at least seven
days.

(d)
Effect of Election of a Joint and Survivor Annuity of at Least 50%. The married
Participant who elects to receive a joint and survivor annuity with his or her
Spouse as his or her joint annuitant with a survivor percentage of 50% or more
will not be required to have his or her Spouse’s notarized, written consent to
make the election.

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4.4
Effect of Death on Forms of Payment.

(a)
Death of Participant Before Benefits Begin. If the Participant’s benefit is
payable in any form with a survivor benefit and he or she dies before his or her
Benefit Commencement Date, his or her Spouse, Domestic Partner or other
Beneficiary will not be entitled to any benefits under any such form. His or her
surviving Spouse or Domestic Partner will be entitled only to the preretirement
death benefit payable under Article 5. However, if the Participant elected a
joint and survivor annuity with his or her Spouse or Domestic Partner as joint
annuitant and a survivor percentage of 50% or more but died before his or her
Benefit Commencement Date and, effective January 1, 2008, within 90 days after
he or she submitted his or her election, the Plan will pay the elected survivor
benefit to the surviving Spouse or Domestic Partner.

(b)
Death of Participant After Benefits Begin. If the Participant dies after his or
her benefits have begun, no death benefit will be payable except to the extent
provided under the form of benefit he or she was receiving at the time of his or
her death.

(c)
Death of Spouse or Beneficiary Before Benefits Begin. If the Participant’s
benefit is payable in any form with a survivor benefit and his or her Spouse or
designated Beneficiary dies before his or her Benefit Commencement Date, the
survivor form of payment will not become effective, and he or she will instead
receive his or her retirement benefit as a single life annuity unless he or she
properly elects another form before his or her Benefit Commencement Date.

(d)
Death of Spouse or Beneficiary After Benefits Begin. If the Participant’s
benefit has begun in any form with a survivor benefit and his or her Spouse or
other Beneficiary dies before he or she does, he or she will continue to receive
his or her benefit in the same form.

4.5
Required Distribution Rules. All distributions will be subject to the
requirements of Appendix 4.5, Minimum Required Distributions.

4.6
Direct Rollover of Eligible Payments. Notwithstanding any provision of the Plan
to the contrary that would otherwise limit a distributee’s election under this
Section 4.6, a distributee may elect, at the time and in the manner prescribed
by the Plan Administrator, to have any portion of an eligible rollover
distribution paid directly to an eligible retirement plan or to an individual
retirement plan described in Code Section 408(A)(b) (a “Roth IRA”) specified by
the distributee in a direct rollover. The distributee must timely provide in
writing all information required to effect the transfer. The PAC or its
administrative delegate will provide timely notice of the right to make a direct
rollover. However, any lump-sum payment less than $200 will not be eligible for
direct rollover.

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(a)
Eligible Rollover Distribution. An eligible rollover distribution is any
distribution or withdrawal of all or any portion of the balance to the credit of
the distributee, except that an eligible rollover distribution does not include:
(1) any payment that is one of a series of substantially equal periodic payments
(not less frequently than annually) made for the life (or life expectancy) of
the distributee or the joint lives (or joint life expectancies) of the
distributee and the distributee’s designated beneficiary, or for a specified
period of ten years or more; (2) any payment to the extent such payment is
required under Code Section 401(a)(9); (3) the portion of any payment that is
not includable in gross income (determined without regard to the exclusion for
net unrealized appreciation with respect to employer securities); and (4) any
amount that is distributed on account of hardship. A portion of a distribution
shall not fail to be an eligible rollover distribution merely because the
portion consists of after-tax employee contributions which are not includible in
gross income. However, effective January 1, 2007, such portion may be
transferred only to an individual retirement account or annuity described in
Code Sections 408(a) or (b), to a Roth IRA or to a qualified defined
contribution plan described in Code Section 401(a) or 403(a) or an annuity
contract described in Code Section 403(b) that agrees to separately account for
amounts so transferred, including separately accounting for the portion of such
distribution which is includible in gross income and the portion of such
distribution which is not so includible.

(b)
Eligible Retirement Plan. An eligible retirement plan is (1) an individual
retirement account described in Code Section 408(a), (2) an individual
retirement annuity described in Code Section 408(b), (3) an annuity plan
described in Code Section 403(a), (4) a qualified trust described in Code
Section 401(a), (5) an annuity contract described in Code Section 403(b) and (6)
an eligible plan under Code Section 457(b) which is maintained by a state,
political subdivision of a state, or any agency or instrumentality of a state or
political subdivision of a state and which agrees to separately account for
amounts transferred into such plan from this Plan. The definition of eligible
retirement plan shall also apply in the case of a distribution to a surviving
Spouse, or to a Spouse or former Spouse who is the alternate payee under a
qualified domestic relation order, as defined in Code Section 414(p). For a
Beneficiary who is not the Participant’s Spouse or former Spouse, an eligible
retirement plan is an individual retirement account described in Code Section
408(a) or an individual retirement annuity described in Code Section 408(b),
each of which is established for the purpose of receiving such distribution on
behalf of such Beneficiary and is treated as an inherited individual retirement
account or individual retirement annuity (within the meaning of Code Section
408(d)(3)(C)) for purposes of Code Section 402(c)(11).

(c)
Distributee. A distributee includes an Employee or former Employee, the
Employee’s or former Employee’s surviving Spouse and any Beneficiary.

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(d)
Direct Rollover. A direct rollover is a payment by the Plan to the eligible
retirement plan or Roth IRA specified by the distributee.

4.7
Payment on Participant’s Behalf.

(a)
Payment to the Participant’s Representative. If the Participant is incompetent
to handle his or her affairs on his or her Benefit Commencement Date or
thereafter, or cannot be located after reasonable effort, the Plan Administrator
will make payments to his or her court-appointed personal representative, or if
none is appointed, the Plan Administrator may in its sole discretion make
payments to his or her next-of-kin or the person the Plan Administrator
reasonably believes to be handling the financial affairs of the incompetent
Participant. All such payments shall be in full satisfaction of the Plan’s
obligations to the Participant.

(b)
Payment to Minor or Incompetent Beneficiaries. In the event the deceased
Participant’s Beneficiary is a minor, or is legally incompetent, or cannot be
located, the Plan Administrator will make payment to the court-appointed
guardian or representative of such Beneficiary, or to a trust established for
the benefit of such Beneficiary, as applicable. If no guardian or representative
is appointed, and no trust is established, the Plan will defer payment until the
Beneficiary reaches majority or becomes legally competent under applicable State
law.

(c)
Judicial Determination. In the event the Plan Administrator considers it
necessary, it may have a court of applicable jurisdiction determine to whom
payments should be made, in which event all expenses incurred in obtaining the
determination may be charged against the payee.

4.8
Unclaimed Benefits. In the event the Plan Administrator cannot locate any person
entitled to receive the Participant’s Vested Accrued Benefit, with reasonable
effort and after a period of five years, his or her interest will be canceled
but will be reinstated within 60 days after the date he or she is located by the
Plan Administrator, as required under Treas. Reg. Section 1.401(a)-14(d) or any
other applicable law. The Plan Administrator will pay any required retroactive
payment in accordance with Section 4.10.

4.9
Correction of Mistakes. In the event the Plan Administrator discovers that a
mistake has been made in the calculation of the benefit amount payable to any
Participant or other payee, it will correct the mistake as soon as practicable
such that all future payments are in the correct amount. If an overpayment in
monthly payments has been made, the Plan Administrator may take such action as
it deems appropriate to recover the overpayment including reducing future
monthly benefit payments to the extent necessary to recover the overpayment
within a reasonable period of time. If an underpayment in monthly payments has
been made, the Plan Administrator either will pay the Actuarial Equivalent
lump-sum value of the underpayment in a single sum, or will increase future
monthly benefit payments to the extent necessary to pay the Actuarial Equivalent
value of the

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underpayment within a reasonable period of time. If an underpayment has been
made in a lump sum, the Plan Administrator will pay the Actuarial Equivalent
value of the underpayment in a single sum. However, if the Plan Administrator
determines that the burden or expense of seeking recovery of any overpayment
would be greater than the potential recovery warrants, either to the Plan or to
the payee, the Plan Administrator may, in its sole discretion, forego recovery
efforts.

4.10
Retroactive Benefit Commencement Date. In the event a Participant has notified
the Company of his or her intent to retire and commence benefit payments prior
to the Benefit Commencement Date elected by the Participant, or the Participant
is involuntarily terminated by the Company for any reason at a time when he or
she is eligible to retire under the Plan on his or her Termination Date, and in
either case the Plan Administrator is unable to provide the Participant with the
qualified joint and survivor explanation required under Code Section 417(e)(3)
prior to the Benefit Commencement Date elected by the Participant, the
Participant may elect a retroactive annuity starting date; provided, however,
such retroactive annuity starting date election must satisfy all of the
following requirements: (a) such retroactive annuity starting date is not
earlier than the earliest date on which the Participant could otherwise have
started receiving benefits under the terms of the Plan, (b) the spousal consent
requirements of Code Section 417(e) are satisfied, (c) the retroactive annuity
starting date is substituted for the annuity starting date for all purposes of
determining the benefit payable to the Participant, and (d) the distribution and
benefit election otherwise satisfies all requirements of Code Section 417(e) and
the regulations promulgated thereunder.

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ARTICLE 5
PRERETIREMENT DEATH BENEFITS
5.1
Participant with Spouse or Domestic Partner. The surviving Spouse or Domestic
Partner of a Participant who dies before his or her Benefit Commencement Date
will receive the preretirement death benefit as described in this Section.

(a)
Coverage for Surviving Spouse or Domestic Partner. The preretirement death
benefit coverage will become effective on the later of (1) the date the
Participant becomes Vested, or (2) the date he or she becomes married or has a
Domestic Partner relationship. Each non-Vested Participant or Employee who dies
while employed with the Employer or a Controlled Group Member will become fully
Vested as of his or her date of death. The coverage will remain in effect until
the earliest of (1) the date the Participant is no longer married or has a
Domestic Partner, (2) the Participant’s date of death, or (3) the Participant’s
Benefit Commencement Date, which, as described in Section 1.14, may be different
for his or her Final Average Pay Pension Formula Accrued Benefit and Cash
Balance Pension Formula Accrued Benefit. The surviving Spouse or Domestic
Partner of the Participant who receives his or her Account Balance in a lump sum
or annuity and dies before the Benefit Commencement Date for his or her Final
Average Pay Pension Formula Accrued Benefit, will receive that benefit as
described in Section 5.1(b)(i). The coverage will remain in effect whether or
not the Participant continues in Employment. The Plan will provide the death
benefit without reduction in the benefit payable to the Participant or surviving
Spouse or Domestic Partner to account for the cost of coverage.

(b)
Amount of Preretirement Death Benefit. A surviving Spouse or Domestic Partner
who is entitled to a benefit under this Section 5.1 will be entitled to the
following:

(i)
With respect to a Participant’s Final Average Pay Pension Formula Accrued
Benefit, the surviving Spouse or Domestic Partner will be entitled to an annuity
for his or her life that is the Actuarial Equivalent of the annuity that would
have been paid as a survivor annuity under the 50% joint and survivor annuity
based on the Participant’s Final Average Pay Pension Formula Accrued Benefit as
of the earlier of his or her Termination Date or date of death, commencing as of
the Benefit Commencement Date specified in Section 5.1(d). However, if the
Participant elected a joint and survivor annuity with his or her Spouse or
Domestic Partner as joint annuitant and a survivor percentage of 50% or more,
but died before his or her Benefit Commencement Date and within 90 days of such
election, the surviving Spouse or Domestic Partner will be eligible to receive
the survivor portion of the annuity as elected, calculated as though the
Participant had retired on his or her date of death and died immediately
thereafter.

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In lieu of the annuity described above, the surviving Spouse or Domestic Partner
may elect to receive a lump-sum payment of the full preretirement benefit
attributable to the Participant’s Final Average Pay Pension Formula Accrued
Benefit, which lump sum shall be the Actuarial Equivalent of the annuity benefit
described above starting as of the same Benefit Commencement Date.
(ii)
With respect to a Participant’s Cash Balance Pension Formula Accrued Benefit,
the surviving Spouse or Domestic Partner will be entitled to an annuity for his
or her life with a monthly benefit in an amount determined by converting the
Participant’s Account Balance as of the Benefit Commencement Date specified in
Section 5.1(d) into a single life annuity using the Applicable Interest Rate and
Applicable Mortality Table in effect under the Plan as of such Benefit
Commencement Date.

In lieu of such annuity, the surviving Spouse or Domestic Partner may elect to
receive a lump-sum payment of the full preretirement death benefit attributable
to the Participant’s Cash Balance Pension Formula Accrued Benefit, which lump
sum shall equal the Participant’s Account Balance. Notwithstanding the
foregoing, for the surviving Spouse or Domestic Partner of a Participant whose
Prior Plan is the AFS Plan, this lump-sum option shall be limited to that
portion of the Participant’s Prior Plan Account Balance that the Participant
(had he or she survived) could have received as a lump sum (this is, it will not
include that portion of his or her Prior Plan Account Balance that was not
available as a lump-sum distribution under Appendix 4.1(b)).
If so permitted of Participants by the Company, a Participant who has a Spouse
or Domestic Partner may designate a different Beneficiary to receive all or a
portion of the preretirement death benefit attributable to his or her Cash
Balance Pension Formula Accrued Benefit, in which case such portion of the death
benefit shall be paid as provided in Section 5.2(b) in lieu of such portion of
the benefit being paid under this Section 5.1(b)(ii). In the case of a married
Participant, appropriate consent of his or her Spouse is required in accordance
with Code Section 417 in order to designate a different Beneficiary.
The Plan will apply the Code Section 415 limitations described in Section 6.1 to
the Spouse’s benefit, as if the Spouse were the Participant.
(c)
Cash Out of Small Benefits. If the lump-sum value of the preretirement death
benefit described in Section 5.1(b) (combining the benefit attributable to the
Final Average Pay Pension Formula Accrued Benefit and Cash Balance Pension
Formula Accrued Benefit, as applicable) is not greater than $5,000 (or such
other dollar amount as may be specified in Code Section 411(a)(11)(A)), the
preretirement death benefit will be paid to the surviving Spouse or Domestic

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Partner in a lump sum as soon as practicable after the Plan Administrator has
received proof of death and the identity and whereabouts of the surviving Spouse
or Domestic Partner are known to the Plan Administrator. From time to time, the
Plan Administrator may recalculate the present values of the benefits of Vested
surviving Spouses or Domestic Partners whose benefits are not in pay status,
based on the Applicable Interest Rate and the Applicable Mortality Table then in
effect, and make lump-sum payments of those that are not over $5,000.
(d)
Benefit Commencement Date for Preretirement Death Benefit. Subject to Section
5.1(c), the preretirement death benefit normally will be payable to the
surviving Spouse or Domestic Partner as of the Participant’s Normal Retirement
Date (or the first day of the month following the Participant’s death if he or
she dies on or after his or her Normal Retirement Date). However, the surviving
Spouse or Domestic Partner may elect to receive the preretirement death benefit
as of the following earlier date:

(i)
With respect to the preretirement death benefit attributable to the
Participant’s Final Average Pay Pension Formula Accrued Benefit, the first day
of any month following the later of (A) the date of the Participant’s death, or
(B) the Participant’s Earliest Retirement Date, but not later than Participant’s
Normal Retirement Date if he or she dies prior to such date. If the surviving
Spouse or Domestic Partner elects to start the preretirement death benefit prior
to the Participant’s Normal Retirement Date, the 50% joint and survivor annuity
that is used to derive the preretirement death benefit shall be that which would
have been paid had the Participant elected to start his or her retirement
benefit early, with early commencement reduction factors determined under
Sections 3.3 or 3.4, as applicable.

(ii)
With respect to the preretirement death benefit attributable to the
Participant’s Cash Balance Pension Formula Accrued Benefit, the first day of any
month after the date of the Participant’s death, but not later than the
Participant’s Normal Retirement Date if he or she dies prior to such date.

5.2
Unmarried Participant Without Domestic Partner. The Beneficiary of the
Participant (a) who completes at least one Hour of Service in Employment with an
Employer after December 31, 2001, (b) who is in active Employment with an
Employer or is Vested, (c) who dies before his or her Benefit Commencement Date,
and (d) who does not have a Spouse or Domestic Partner on his or her date of
death, will be entitled to the following:

(a)
With respect to a Participant’s Final Average Pay Pension Formula Accrued
Benefit, the Beneficiary will be entitled to a lump-sum payment that is the
Actuarial Equivalent of the life annuity that would have been payable to a
surviving Spouse or Domestic Partner under Section 5.1(b)(i), assuming a
surviving Spouse or Domestic Partner that is the same age as the Beneficiary
(or,

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if the Beneficiary is not a natural person, assuming a surviving Spouse or
Domestic Partner that is the same age as the Participant).
(b)
With respect to a Participant’s Cash Balance Pension Formula Accrued Benefit,
the Beneficiary will be entitled to a lump-sum payment equal to the
Participant’s Account Balance. Notwithstanding the foregoing, for the surviving
Spouse or Domestic Partner of a Participant whose Prior Plan is the AFS Plan,
this lump-sum option shall be limited to that portion of the Participant’s Prior
Plan Account Balance that the Participant (had he or she survived) could have
received as a lump sum (this is, it will not include that portion of his or her
Prior Plan Account Balance that was not available for lump-sum payment under
Appendix 4.1(b)).

If the Actuarial Equivalent lump-sum value of the preretirement death benefit is
not greater than $5,000 (or such other dollar amount as may be specified in Code
Section 411(a)(11)(A)), the Plan will pay the entire benefit to the Beneficiary
in a lump sum as soon as practicable after the Plan Administrator has received
proof of death and the identity and whereabouts of the Beneficiary are known to
the Plan Administrator. From time to time, the Plan Administrator may
recalculate the Actuarial Equivalent lump-sum value that are not in pay status,
based on the Applicable Interest Rate and the Applicable Mortality Table then in
effect, and make lump-sum payments of those that are not over $5,000. Otherwise,
payment to a Beneficiary who is not a surviving Spouse or Domestic Partner will
be made at the earliest time payment could be made to a surviving Spouse or
Domestic Partner under Section 5.1(d)(i) or (ii), as applicable.
5.3
USERRA. Effective January 1, 2007, in the case of a Participant who, had he
lived would have had reemployment rights with an Employer under Chapter 43 of
Title 38, United States Code, dies while performing qualified military service
(as defined in Code Section 414(u)), the Beneficiary of such Participant shall
be entitled to any additional benefits (other than benefit accruals relating to
the period of qualified military service) provided under the Plan had the
Participant resumed and then terminated employment on account of death.

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ARTICLE 6
LIMITATIONS ON BENEFIT AMOUNTS AND TOP HEAVY PROVISIONS
6.1
Code Section 415 Limits.

(a)
General and Effective Date. In no event will the annual benefits accrued,
distributed, or otherwise payable in any optional form (including the Normal
Form) to any Participant, exceed the Code Section 415 Limit described in this
Section 6.1 and the regulations under Code Section 415. The provisions of this
Section 6.1 will apply to Participants who have an Hour of Service after
December 31, 2007 for Limitation Years beginning on or after July 1, 2007.
Subject to Section 6.1(d)(i), the Accrued Benefit of (1) each Participant whose
Benefit Commencement Date was on or before December 31, 2007 (to the extent of
the benefit accrued before January 1, 2008), and (2) each Participant who does
not complete an Hour of Service after December 31, 2007 (without regard to
whether his or her Benefit Commencement Date is after December 31, 2007) will be
determined by applying the terms of Section 6.1, Code Section 415 Limits, as in
effect on December 31, 2007 as if the limitations of Code Section 415 continued
to include the limitations of Code Section 415 as in effect on December 31,
2007. If a Participant described in clause (1) above is reemployed after
December 31, 2007, the limitations of Section 6.1 as applicable to Participants
who complete an Hour of Service after December 31, 2007 will apply to his or her
recalculated benefit. Notwithstanding the first sentence of this Section 6.1,
benefits accrued or payable as of December 31, 2007 will satisfy this Section
6.1; provided that such benefits satisfied the Code Section 415 Limits as in
effect on December 31, 2007.

(b)
Applicable Definitions. For purposes of this Section, the following terms will
have the meanings set forth below.

(i)
Adjusted Accrued Benefit means the Participant’s Accrued Benefit after the
adjustments described in Section 6.1(c), which is the amount to which the Code
Section 415 Limit will be applied.

(ii)
Code Section 415 Limits means, for each Participant, the least of:

(A)
The Dollar Limit, which is $160,000 (as adjusted, as of the first day of each
Limitation Year in accordance with Code Section 415 (d)), with the indexed limit
for each Limitation Year applied to benefits that first commence in such year;

(B)
The Percentage Limit, which is 100% of his or her average Compensation, as
defined below, for the three consecutive calendar years when his or her
Compensation was highest; or

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(C)
Other. Such limitations as may be set forth in Treasury Regulations from time to
time.

(iii)
Compensation means, for purposes of the Participant’s Code Section 415 Limit,
for each calendar year all amounts received from the Employer for his or her
performance of services and reported as taxable income on his or her Form W-2,
within the meaning of Treas. Regs. Section 1.415(c)- 2(d)(4), for such year and
will also include salary reduction amounts under Code Sections 125, 132(f) and
401(k) for such year, but such compensation shall not exceed the limitation
under Code Section 401(a)(l7) that applies to such year.

Amounts received after severance from employment with the Employer are taken
into account only to the extent required by Treas. Reg. Section 1.415(c)-2(e).
Effective for years beginning after December 31, 2008, a Participant receiving a
differential wage payment (as described in Code Section 414(u)(12)) shall be
treated as an employee of the Employer making the differential wage payment for
purposes of this Plan and the differential wage payment shall be treated as
Compensation.
(iv)
Controlled Group has the same meaning as in Section 1.28, except that “50%” is
substituted for “80%” with respect to the definition of “Controlled Group
Member.” For purposes of the Code Section 415 Limit, all Controlled Group
Members will be considered to be a single Employer.

(v)
Limitation Year means the Plan Year.

(c)
Calculation of the Adjusted Accrued Benefit. Before application of the Code
Section 415 Limit, each Participant’s Accrued Benefit will be adjusted as
follows:

(i)
Reduction for Early Retirement. If the Participant begins receiving benefit
payments before age 62, the amount of his or her annual payments will be
multiplied by the early retirement reduction factor described in Section 3.3(b).

(ii)
Aggregation of Benefits. If the Participant has participated in any other
qualified defined benefit plan maintained by an Employer or a Controlled Group
Member, his or her accrued benefit under each such plan will be aggregated with
his or her Accrued Benefit under this Plan.

(iii)
Other Factors. The calculation of the Participant’s Adjusted Accrued Benefit
will include any other relevant provision in the Plan, or requirement of law, in
effect from time to time.

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(iv)
Adjusted Accrued Benefit. The product of the steps in Section 6.1(c)(i), (ii)
and (iii) will be the Participant’s Adjusted Accrued Benefit for purposes of
applying the Code Section 415 Limit.

(d)
Adjustments to the Code Section 415 Limits. The Participant’s Code Section 415
Limit, which will be applied to reduce his or her Adjusted Accrued Benefit, if
necessary, will be adjusted by any of the following circumstances that apply to
him or her.

(i)
Grandfathered Code Section 415 Limit. For benefits the Participant accrued under
any qualified plan maintained by an Employer or Controlled Group Member before
the 1987 Plan Year, his or her Section 415 Limit will not be less than the
following amount(s):

(A)
Pre-1983 Accrued Benefit. If, before 1983, the Participant had participated in
one or more qualified defined benefit plans to which an Employer or Controlled
Group Member contributed, his or her Code Section 415 limit will not be reduced
to an amount less than his or her aggregate accrued benefit under such plan(s)
as of the first day of the 1982 limitation year under such plan(s).

(B)
Pre-1987 Accrued Benefit. If, before 1987, the Participant had participated in
one or more qualified defined benefit plans to which an Employer or Controlled
Group Member contributed, his or her Code Section 415 Limit will not be reduced
to an amount less than his or her aggregate accrued benefit under such plan(s)
as of the first day of the 1986 limitation year under such plan(s).

(ii)
Form of Payment. The Code Section 415 Limit is determined by reference to
benefits payable in the form of the single life annuity or the Spousal joint and
survivor annuity (as described in Treas. Reg. Section 1.415(b)-1(c)(4)(i)(A)).
If benefits are paid in any other form (other than a form to which Code Section
417(e)(3) applies), the Participant’s Code Section 415 Limit will be adjusted
such that it is the greater of:

(A)
the actuarial equivalent single life annuity commencing at the same Benefit
Commencement Date as the form of benefit payable to the Participant using the
Plan’s factors for determining Actuarial Equivalence in Section 1.4(a); or

(B)
the actuarial equivalent single life annuity commencing at the same Benefit
Commencement Date as the form of benefit payable to the Participant using an
interest rate of 5% and the Applicable Mortality Table for that Benefit
Commencement Date.

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If the benefit is payable in a form to which Code Section 417(e)(3) applies, the
actuarially equivalent single life annuity benefit is the greatest of:
(A)
The annual amount of the single life annuity commencing at the Benefit
Commencement Date that has the same actuarial present value as the particular
form of benefit payable, computed using the Plan’s factors for Actuarial
Equivalence in Section 1.4(a);

(B)
The annual amount of the single life annuity commencing at the Benefit
Commencement Date that has the same actuarial present value as the particular
form of benefit payable, computed using a 5.5% interest assumption and the
Applicable Mortality Table; or

(C)
The annual amount of the single life annuity commencing at the Benefit
Commencement Date that has the same actuarial present value as the particular
form of benefit payable (computed using the Applicable Interest Rate and
Applicable Mortality Table, divided by 1.05).

(iii)
Reduced Limit for Early Retirement. If the Participant begins benefit payments
before age 62, his or her Code Section 415 Dollar Limit will be the lesser of:
(A) the Code Section 415 Dollar Limit multiplied by the ratio of the annual
amount of the single life annuity commencing at his or her Benefit Commencement
Date, over the annual amount of the single life annuity commencing at age 62
(both determined without regard to the Code Section 415 limits), or (B) an
actuarial equivalent reduction from age 62 to his or her age as of his or her
Benefit Commencement Date, using a 5% interest rate assumption and the
Applicable Mortality Table for the Benefit Commencement Date.

No adjustment will be made to reflect the probability of a Participant’s death
after the Benefit Commencement Date and before age 62.
(iv)
Increased Limit for Late Retirement. For a Participant whose Benefit
Commencement Date is after his or her attainment of age 65, the Code Section 415
Dollar Limit will be the lesser of: (A) the Code Section 415 Dollar Limit
multiplied by the ratio of the annual amount of the immediately commencing
single life annuity payable to the Participant (ignoring accruals after age 65)
using the actuarial adjustments in Section 1.4(c) over the annual amount of the
single life annuity that would have been payable at age 65, or (B) the Code
Section 415 Dollar Limit actuarially increased using a 5% interest rate
assumption and the Applicable Mortality Table for that Benefit Commencement
Date. For these purposes, mortality between age 65 and the age at which benefits
commence shall be ignored.

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(v)
Reduced Limit for Fewer Than 10 Years of Participation.

(A)
Dollar Limit. The Dollar Limit for the Participant who has fewer than ten years
of participation in the Plan will be computed by multiplying the limit described
in Section 6.1(b)(ii)(A) (as adjusted) by a fraction, the numerator of which is
the number of his or her whole and partial years of participation and the
denominator of which is ten.

(B)
Percentage Limit. The Percentage Limit for the Participant who has earned fewer
than ten Years of Vesting Service, will be computed by multiplying the amount of
his or her average Compensation for his or her three highest years by a
fraction, the numerator of which is the number of his or her whole and partial
Years of Vesting Service and the denominator of which is ten.

(vi)
Special Rules for an Adjusted Accrued Benefit Not in Excess of $10,000. If the
Participant’s Adjusted Accrued Benefit is not greater than $10,000, the full
amount may be paid whether or not that amount exceeds his or her Percentage
Limit, but only if (A) his or her annual benefit has not exceeded $10,000 in any
previous Plan Year, and (B) he or she has never participated in a defined
contribution plan maintained by the Employer. If he or she elects a form of
payment other than the single life annuity or Spousal joint and survivor
annuity, his or her Adjusted Accrued Benefit will not be reduced by the
Actuarial Equivalent factor for his or her elected form of payment described in
Section 4.1.

(e)
Combining of Plans. For purposes of applying the limitations described in this
Section, all defined benefit plans maintained by any Employer or a Controlled
Group Member (whether or not terminated) will be treated as one defined benefit
plan. The Percentage Limit will be applied separately to each defined benefit
plan and will be applied under each plan by using the same period of consecutive
calendar years (not more than three) as the period when the Participant’s
Compensation was greatest.

(f)
Compliance With Code Section 415. The intent of this Section 6.1 is that the
maximum benefit payable to each Participant will be exactly equal to the maximum
amount permitted under Code Section 415. If there is any discrepancy between
this Section 6.1 and Code Section 415, then Code Section 415 will prevail.

6.2
Restrictions on Benefits of Twenty-Five Highest-Paid Participants.

(a)
Restricted Participants. In each Plan Year, the total number of Participants
whose benefit payments are restricted under this Section 6.2 is limited to the
25 highly compensated employees and former employees (within the meaning of

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Code Section 414(q)) with the greatest Compensation in the current or any prior
Plan Year (the restricted Participants).
(b)
Restricted Amount. For each Plan Year, the amount of benefits payable to each
restricted Participant will be limited to the annual amount that would be
payable in the single life annuity form, unless either: (1) the value of Plan
assets remaining after payment to such Participant is at least 110% of the value
of current liabilities, or (2) the value of benefits paid to such Participant is
less than 1% of the value of current liabilities.

(c)
Security for Restricted Amount. In lieu of the restrictions described in this
Section 6.2, and to the extent permitted by applicable law, the Plan may permit
each restricted Participant to provide security for any payments that exceed the
annual amount that would have been payable as a single life annuity.

(d)
Restriction Upon Plan Termination. In the event the Plan terminates, the
benefits payable to the restricted Participants will be limited to an amount
that is not discriminatory under Code Section 401(a)(4).

6.3
Funding-Based Limitations.

(a)
Limitations Applicable If the Plan’s Adjusted Funding Target Attainment
Percentage Is Less Than 80 Percent, But Not Less Than 60 Percent.
Notwithstanding any other provisions of the Plan, if the Plan’s adjusted funding
target attainment percentage for a Plan Year is less than 80% (or would be less
than 80% to the extent described in Section 6.3(a)(ii) below) but is not less
than 60%, then the limitations set forth in this Section 6.3(a) apply.

(i)
50 Percent Limitation on Single Sum Payments, Other Accelerated Forms of
Distribution, and Other Prohibited Payments. A participant or beneficiary is not
permitted to elect, and the Plan shall not pay, a single sum payment or other
optional form of benefit that includes a prohibited payment with an annuity
starting date on or after the applicable section 436 measurement date, and the
Plan shall not make any payment for the purchase of an irrevocable commitment
from an insurer to pay benefits or any other payment or transfer that is a
prohibited payment, unless the present value of the portion of the benefit that
is being paid in a prohibited payment does not exceed the lesser of: (A) 50% of
the present value of the benefit payable in the optional form of benefit that
includes the prohibited payment; or (B) 100% of the PBGC maximum benefit
guarantee amount (as defined in Treas. Regs. Section 1.436-1(d)(3)(iii)(C)).

The limitation set forth in this Section 6.3(a)(i) does not apply to any payment
of a benefit which under Code Section 411(a)(11) may be immediately distributed
without the consent of the participant. If an optional form of benefit that is
otherwise available under the terms of the

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Plan is not available to a participant or beneficiary as of the annuity starting
date because of the application of the requirements of this Section 6.3(a)(i),
the participant or beneficiary is permitted to elect to bifurcate the benefit
into unrestricted and restricted portions (as described in Treas. Regs. Section
1.436-1(d)(3)(iii)(D)). The participant or beneficiary may also elect any other
optional form of benefit otherwise available under the Plan at that annuity
starting date that would satisfy the 50%/PBGC maximum benefit guarantee amount
limitation described in this Section 6.3(a)(i), or may elect to defer the
benefit in accordance with any general right to defer commencement of benefits
under the Plan.
(ii)
Plan Amendments Increasing Liability for Benefits. No amendment to the Plan that
has the effect of increasing liabilities of the Plan by reason of increases in
benefits, establishment of new benefits, changing the rate of benefit accrual,
or changing the rate at which benefits become nonforfeitable shall take effect
in a Plan Year if the adjusted funding target attainment percentage for the Plan
Year is: (A) Less than 80%; or (B) 80% or more, but would be less than 80% if
the benefits attributable to the amendment were taken into account in
determining the adjusted funding target attainment percentage.

The limitation set forth in this Section 6.3(a)(ii) does not apply to any
amendment to the Plan that provides a benefit increase under a Plan formula that
is not based on compensation, provided that the rate of such increase does not
exceed the contemporaneous rate of increase in the average wages of participants
covered by the amendment.
(b)
Limitations Applicable If the Plan’s Adjusted Funding Target Attainment
Percentage Is Less Than 60 Percent. Notwithstanding any other provisions of the
Plan, if the Plan’s adjusted funding target attainment percentage for a Plan
Year is less than 60%, then the limitations in this Section 6.3(b) apply.

(i)
Single Sums, Other Accelerated Forms of Distribution, and Other Prohibited
Payments Not Permitted. A participant or beneficiary is not permitted to elect,
and the Plan shall not pay, a single sum payment or other optional form of
benefit that includes a prohibited payment with an annuity starting date on or
after the applicable section 436 measurement date, and the Plan shall not make
any payment for the purchase of an irrevocable commitment from an insurer to pay
benefits or any other payment or transfer that is a prohibited payment. The
limitation set forth in this Section 6.3(b)(i) does not apply to any payment of
a benefit which under Code Section 411(a)(11) may be immediately distributed
without the consent of the participant.

(ii)
Benefit Accruals Frozen. Benefit accruals under the Plan shall cease as of the
applicable section 436 measurement date. In addition, if the Plan is

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required to cease benefit accruals under this Section 6.3(b)(ii), then the Plan
is not permitted to be amended in a manner that would increase the liabilities
of the Plan by reason of an increase in benefits or establishment of new
benefits.
(c)
Limitations Applicable If the Plan Sponsor Is In Bankruptcy. Notwithstanding any
other provisions of the Plan, a participant or beneficiary is not permitted to
elect, and the Plan shall not pay, a single sum payment or other optional form
of benefit that includes a prohibited payment with an annuity starting date that
occurs during any period in which the Plan Sponsor is a debtor in a case under
title 11, United States Code, or similar Federal or State law, except for
payments made within a Plan Year with an annuity starting date that occurs on or
after the date on which the Plan’s enrolled actuary certifies that the Plan’s
adjusted funding target attainment percentage, determined, for Plan Years
beginning on or after January 1, 2015, without regard to Code Section
430(h)(2)(C)(iv), for that Plan Year is not less than 100%. In addition, during
such period in which the Plan Sponsor is a debtor, the Plan shall not make any
payment for the purchase of an irrevocable commitment from an insurer to pay
benefits or any other payment or transfer that is a prohibited payment, except
for payments that occur on a date within a Plan Year that is on or after the
date on which the Plan’s enrolled actuary certifies that the Plan’s adjusted
funding target attainment percentage, determined, for Plan Years beginning on or
after January 1, 2015, without regard to Code Section 430(h)(2)(C)(iv), for that
Plan Year is not less than 100%. The limitation set forth in this Section 6.3(c)
does not apply to any payment of a benefit which under Code Section 411(a)(11)
may be immediately distributed without the consent of the participant.

(d)
Provisions Applicable After Limitations Cease to Apply.

(i)
Resumption of Prohibited Payments. If a limitation on prohibited payments under
Section 6.3(a)(i), Section 6.3(b)(i), or Section 6.3(c) applied to the Plan as
of a section 436 measurement date, but that limit no longer applies to the Plan
as of a later section 436 measurement date, then that limitation does not apply
to benefits with annuity starting dates that are on or after that later section
436 measurement date.

(ii)
Resumption of Benefit Accruals. If a limitation on benefit accruals under
Section 6.3(b)(ii) applied to the Plan as of a section 436 measurement date, but
that limitation no longer applies to the Plan as of a later section 436
measurement date, then benefit accruals shall resume prospectively and that
limitation does not apply to benefit accruals that are based on service on or
after that later section 436 measurement date, except as otherwise provided
under the Plan. The Plan shall comply with the rules relating to partial years
of participation and the prohibition on

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double proration under Department of Labor regulation 29 CFR Section
2530.204-2(c) and (d).
(iii)
Treatment of Plan Amendments That Do Not Take Effect. If a Plan amendment does
not take effect as of the effective date of the amendment because of the
limitation of Section 6.3(a)(ii) or Section 6.3(b)(ii), but is permitted to take
effect later in the same Plan Year (as a result of additional contributions or
pursuant to the enrolled actuary’s certification of the adjusted funding target
attainment percentage for the Plan Year that meets the requirements of Treas.
Regs. Section 1.436- 1(g)(5)(ii)(C)), then the Plan amendment must automatically
take effect as of the first day of the Plan Year (or, if later, the original
effective date of the amendment). If the Plan amendment cannot take effect
during the same Plan Year, then it shall be treated as if it were never adopted,
unless the Plan amendment provides otherwise.

(e)
Notice Requirement. See Section 101(j) of ERISA for rules requiring the Plan
administrator of a single employer defined benefit pension Plan to provide a
written notice to participants and beneficiaries within 30 days after certain
specified dates if the Plan has become subject to a limitation described in
Section 6.3(a)(i), Section 6.3(b), or Section 6.3(c).

(f)
Methods to Avoid or Terminate Benefit Limitations. See Code Sections 436(b)(2),
(c)(2), (e)(2), and (f) and Treas. Regs. Section 1.436-1(f) for rules relating
to employer contributions and other methods to avoid or terminate the
application of the limitations set forth in Sections 6.3(a) through 6.3(b) for a
Plan Year. In general, the methods a Plan Sponsor may use to avoid or terminate
one or more of the benefit limitations under Sections 6.3(a) through 6.3(b) for
a Plan Year include employer contributions and elections to increase the amount
of Plan assets which are taken into account in determining the adjusted funding
target attainment percentage, making an employer contribution that is
specifically designated as a current year contribution that is made to avoid or
terminate application of certain of the benefit limitations, or providing
security to the Plan.

(g)
Special Rules.

(i)
Rules of Operation for Periods Prior to and After Certification of Plan’s
Adjusted Funding Target Attainment Percentage.

(A)
In General. Code Section 436(h) and Treas. Regs. Section 1.436- 1(h) set forth a
series of presumptions that apply (1) before the Plan’s enrolled actuary issues
a certification of the Plan’s adjusted funding target attainment percentage for
the Plan Year; and (2) if the Plan’s enrolled actuary does not issue a
certification of the Plan’s adjusted funding target attainment percentage for
the Plan Year before the first day of the 10th month of the Plan Year (or if

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the Plan’s enrolled actuary issues a range certification for the Plan Year
pursuant to Treas. Regs. Section 1.436-1(h)(4)(ii) but does not issue a
certification of the specific adjusted funding target attainment percentage for
the Plan by the last day of the Plan Year). For any period during which a
presumption under Code Section 436(h) and Treas. Regs. Section 1.436-1(h)
applies to the Plan, the limitations under Sections 6.3(a) through 6.3(c) are
applied to the Plan as if the adjusted funding target attainment percentage for
the Plan Year were the presumed adjusted funding target attainment percentage
determined under the rules of Code Section 436(h) and Treas. Regs. Section
1.436-1(h)(1), (2), or (3). These presumptions are set forth in Section
6.3(g)(i)(B) through (D).
(B)
Presumption of Continued Underfunding Beginning First Day of Plan Year. If a
limitation under Section 6.3(a), (b) or (c) applied to the Plan on the last day
of the preceding Plan Year, then, commencing on the first day of the current
Plan Year and continuing until the Plan’s enrolled actuary issues a
certification of the adjusted funding target attainment percentage for the Plan
for the current Plan Year, or, if earlier, the date Section 6.3(g)(i)(C) or
Section 6.3(g)(i)(D) applies to the Plan: (1) The adjusted funding target
attainment percentage of the Plan for the current Plan Year is presumed to be
the adjusted funding target attainment percentage in effect on the last day of
the preceding Plan Year; and (2) The first day of the current Plan Year is a
section 436 measurement date.

(C)
Presumption of Underfunding Beginning First Day of Fourth Month. If the Plan’s
enrolled actuary has not issued a certification of the adjusted funding target
attainment percentage for the Plan Year before the first day of the fourth month
of the Plan Year and the Plan’s adjusted funding target attainment percentage
for the preceding Plan Year was either at least 60% but less than 70% or at
least 80% but less than 90%, or is described in Treas. Regs. Section
1.436-1(h)(2)(ii), then, commencing on the first day of the fourth month of the
current Plan Year and continuing until the Plan’s enrolled actuary issues a
certification of the adjusted funding target attainment percentage for the Plan
for the current Plan Year, or, if earlier, the date Section 6.3(g)(i)(D) applies
to the Plan: (1) The adjusted funding target attainment percentage of the Plan
for the current Plan Year is presumed to be the Plan’s adjusted funding target
attainment percentage for the preceding Plan Year reduced by 10 percentage
points; and (2) The first day of the fourth month of the current Plan Year is a
section 436 measurement date.

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(D)
Presumption of Underfunding On and After First Day of Tenth Month. If the Plan’s
enrolled actuary has not issued a certification of the adjusted funding target
attainment percentage for the Plan Year before the first day of the tenth month
of the Plan Year (or if the Plan’s enrolled actuary has issued a range
certification for the Plan Year pursuant to Treas. Regs. Section
1.436-1(h)(4)(ii) but has not issued a certification of the specific adjusted
funding target attainment percentage for the Plan by the last day of the Plan
Year), then, commencing on the first day of the tenth month of the current Plan
Year and continuing through the end of the Plan Year: (1) The adjusted funding
target attainment percentage of the Plan for the current Plan Year is presumed
to be less than 60 percent; and (2) The first day of the tenth month of the
current Plan Year is a section 436 measurement date.

(ii)
Plan Termination, Certain Frozen Plans, and Other Special Rules.

(A)
Plan Termination. The limitations on prohibited payments in Section 6.3(a)(i),
Section 6.3(b)(i), and Section 6.3(c) do not apply to prohibited payments that
are made to carry out the termination of the Plan in accordance with applicable
law. Any other limitations under this section of the Plan do not cease to apply
as a result of termination of the Plan.

(B)
Exception to Limitations on Prohibited Payments Under Certain Frozen Plans. The
limitations on prohibited payments set forth in Sections 6.3(a)(i), 6.3(b)(i),
and 6.3(c) do not apply for a Plan Year if the terms of the Plan, as in effect
for the period beginning on September 1, 2005, and continuing through the end of
the Plan Year, provide for no benefit accruals with respect to any participants.
This Section 6.3(g)(ii)(B) shall cease to apply as of the date any benefits
accrue under the Plan or the date on which a Plan amendment that increases
benefits takes effect.

(iii)
Special Rules Under PRA 2010.

(A)
Payments Under Social Security Leveling Options. For purposes of determining
whether the limitations under Section 6.3(a)(i) or 6.3(b)(i) apply to payments
under a social security leveling option, within the meaning of Code Section
436(j)(3)(C), the adjusted funding target attainment percentage for a plan year
shall be determined in accordance with the “Special Rule for Certain Years”
under Code Section 436(j)(3) and any Treasury Regulations or other published
guidance thereunder issued by the Internal Revenue Service.

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(B)
Limitation on Benefit Accruals. For purposes of determining whether the accrual
limitation under Section 2(c) applies to the Plan, the adjusted funding target
attainment percentage for a Plan Year shall be determined in accordance with the
“Special Rule for Certain Years” under Code Section 436(j)(3) (except as
provided under section 203(b) of the Preservation of Access to Care for Medicare
Beneficiaries and Pension Relief Act of 2010, if applicable).

(iv)
Interpretation of Provisions. The limitations imposed by this section of the
Plan shall be interpreted and administered in accordance with Code Section 436
and Treas. Regs. Section 1.436-1.

(h)
Definitions. The definitions in the following Treasury Regulations apply for
purposes of Sections 6.3(a) through 6.7(g): Section 1.436-1(j)(1) defining
adjusted funding target attainment percentage; Section 1.436-1(j)(2) defining
annuity starting date; Section 1.436-1(j)(6) defining prohibited payment;
Section 1.436-1(j)(8) defining section 436 measurement date; and Section
1.436-1(j)(9) defining an unpredictable contingent event and an unpredictable
contingent event benefit.

6.4
Top Heavy Rules.

(a)
Determination. The Plan Administrator, as of each December 31 (the
“determination date”), will determine whether the Plan is “top heavy”. If the
sum of the present value of the Accrued Benefits of “key employees” (as defined
in Code Section 416(i)(1)) exceeds 60% of the sum of the present value of the
Accrued Benefits of all Employees under this Plan as of such determination date
(all as determined in accordance with the rules of Code Section 416), this Plan
will be “top heavy” for the Plan Year that begins on the immediately following
January 1. The present value of the Accrued Benefit of an Employee shall be
determined using the actuarial assumptions specified in Section 1.4(c) and shall
equal, as of any determination date, the sum of:

(i)
the present value of such Employee’s cumulative Accrued Benefit under this Plan
(determined, for this purpose, as of the most recent valuation date used for
computing plan cost under Code Section 412 which falls within the 12-month
period ending on such determination date) plus any distributions made during the
lookback period (as defined below) ending on such determination date; and

(ii)
the present value of such Employee’s accrued benefit, if any (determined as of
the valuation date which coincides with or precedes the determination date for
such plan) under:

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(A)
each other qualified plan (as described in Code Section 401(a)) maintained by a
member of the Controlled Group (i) in which a “key employee” is a participant,
or (ii) which enables the Plan to meet the requirements of Code Section
401(a)(4) or Code Section 410, and

(B)
each other qualified plan maintained by a member of the Controlled Group (other
than a plan described in clause (A)) that may be aggregated with this Plan and
the plans described in clause (A), provided such aggregated group (including a
plan described in this clause (B)) continues to meet the requirements of Code
Section 401(a)(4) and Code Section 410,

plus any distributions made from such plans during the lookback period ending on
such determination date. The accrued benefit of an Employee shall be disregarded
for purposes of making the determination called for under this Section 6.4 if
such Employee has not performed any services for any Employer at any time during
the 1-year period ending on the date as of which such determination is made.
The “lookback period” for this purpose means the one year period ending on the
determination date. Distributions under a terminated plan which, had it not been
terminated, would have been aggregated with the Plan under Code Section
416(g)(2)(A)(i) made during the lookback period also are taken into account. In
the case of a distribution made for a reason other than severance from
employment, death, or disability, this provision shall be applied by
substituting “five-year period” for “one-year period”.
(b)
Special Top Heavy Plan Rules. If the Plan Administrator determines that this
Plan is “top heavy” for any Plan Year, the special rules set forth in this
Section 6.4(b) shall apply for such Plan Year notwithstanding any other rules to
the contrary set forth elsewhere in this Plan.

(i)
Minimum Benefits. The Accrued Benefit of each Participant who is not a “key
employee” and who completes at least 1,000 Hours of Service during such Plan
Year shall not, in the aggregate, be less than the product of (A) 2% of the
Participant’s average compensation (as defined under Code Section 415) for the
five consecutive years beginning after December 31, 1984 during which the
Participant had the highest aggregate compensation from a Controlled Group
Member (excluding compensation for years after the last year for which the Plan
is “top heavy”), and (B) the Participant’s total years of service, not to exceed
ten, completed after December 31, 1984 (excluding years in which the Plan is not
“top heavy”). Accruals required under this Section 6.4(b)(i) by reason of this
Plan being “top heavy” shall be offset by the Actuarial Equivalent value of the

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contributions and forfeitures, if any, allocated on behalf of the Participant
under any defined contribution plan (which is taken into account under this
Section 6.4) solely by reason of such plan being “top heavy.” No accruals shall
be permitted under this Section 6.4(b)(i) for any Plan Year in which the
contributions and forfeitures allocated on behalf of the Participant under any
such defined contribution plan equal at least 5% of the Participant’s
compensation.
For purposes of satisfying the minimum benefit requirement of Code Section
416(c)(1) and this Plan, in determining years of service with a Controlled Group
Member, any service with a Controlled Group Member shall be disregarded to the
extent that such service occurs during a Plan Year when this Plan benefits
(within the meaning of Code Section 410(b)) no key employee or former key
employee.
(ii)
Vesting. A Participant’s nonforfeitable interest in his or her Accrued Benefit
under this Plan shall be determined under the following schedule:

Completed Years        Nonforfeitable
of Service        Interest

Less than 2        0
2        20%
3        40%
4        60%
5 or more        100%

However, the vesting schedule set forth in this Section 6.4(b)(ii) shall not
apply to any Participant who does not have an Hour of Service after the date as
of which this Plan becomes “top heavy.” In the event that this Plan later ceases
to be “top heavy,” the vesting rules in Section 6.4 shall once again apply;
provided, however, that
(A)
the nonforfeitable portion of a Participant’s Accrued Benefit shall not
thereafter be less than the nonforfeitable portion of the Participant’s Accrued
Benefit before the Plan ceased to be “top heavy,” and

(B)
the nonforfeitable portion of the Accrued Benefit of any Participant who has
completed at least three years of Vesting Service with a Controlled Group Member
on the date the Plan ceases to be “top heavy” shall continue to be determined
under the vesting schedule set forth in this Section 6.4(b)(ii) if such vesting
schedule is more favorable to the Participant.

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ARTICLE 7
CONTRIBUTIONS
7.1
Employer Contributions. The Company and/or the Employers will make contributions
in the amounts determined by the Company to be necessary to provide benefits
under the Plan, based on the recommendations of the Plan’s actuary. Company
and/or Employer contributions will be irrevocable and will be used only for the
benefit of Participants and Beneficiaries, except as provided in Sections 7.3
and 8.2. The Company reserves the right to establish and to change from time to
time the method for funding benefits, either through the use of one or more
trust agreements or one or more group annuity contracts or other forms of
insurance contracts or agreements with one or more insurance companies.

7.2
Participant Contributions. Participants will neither be required nor permitted
to make contributions to the Plan.

7.3
Return of Contributions to the Employers. Contributions will be returned to the
Company or affected Employer(s) under the following circumstances:

(a)
Mistake of Fact. Any contribution made by mistake of fact will be returned to
the Company or affected Employer(s) within one year after the contribution is
made.

(b)
Nondeductible. All contributions are conditioned upon their deductibility under
Code Section 404 and will be returned to the Company or affected Employer(s)
within one year after any disallowance.

7.4
Actuarial Gains. Actuarial gains arising from any cause whatsoever will not be
applied to increase the benefits any Participant would otherwise receive at any
time before termination of the Plan, but will be applied to reduce Company
and/or Employer contributions for the current or subsequent Plan Years.

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ARTICLE 8
AMENDMENT, TERMINATION, MERGER
8.1
Amendment.

(a)
Procedure. The Company reserves the right to amend the Plan from time to time,
as it determines appropriate.

(b)
Prohibited Amendments. No amendment will have the effect of any of the
following:

(i)
Exclusive Benefit. No amendment will permit any part of the Trust Fund to be
used for purposes other than the exclusive benefit of Participants or the
payment of Plan and Trust Fund expenses as provided for in Section 9.8.

(ii)
Nonreversion. No amendment will revest in the Company or any Employer any
portion of the Trust Fund, except such amount as may remain after termination of
the Plan and satisfaction of all liabilities.

(iii)
Accrued Benefit. No amendment will eliminate or reduce any Participant’s Accrued
Benefit determined as of the effective date of the amendment, except as
permitted under the Code.

(iv)
Forms of Payment. No amendment will eliminate any optional form of benefit
described in Section 4.1, with respect to benefits accrued before the amendment,
except as permitted under Code Section 411(d)(6) and applicable regulations.

(v)
Retirement Subsidy. No amendment will eliminate or reduce any retirement subsidy
or retirement-type subsidy with respect to benefits accrued before the
amendment, for Participants who either before or after the amendment meet the
requirements for the subsidy, except as permitted under the Code and applicable
regulations.

(c)
Limited to Active Participants. Except as specifically stated in the amendment,
no amendment that improves benefits will apply to any Employee whose Termination
Date occurred before the effective date of the amendment or who otherwise does
not receive credit for an Hour of Service on or after the effective date of such
amendment.

(d)
Administrative Changes Without Plan Amendment. The Company reserves authority to
make administrative changes to this Plan document that do not alter either the
minimum qualification requirements or the Plan’s funding and expense provisions,
without formal amendment to the Plan. The Company will affect such

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changes by substituting pages in the Plan document with corrected pages.
Administrative changes include, but are not limited to, corrections of
typographical errors and similar errors, conforming provisions for
administrative procedures to actual practice and changes in practice, and
deleting or correcting language that fails to accurately reflect the intended
provision of the Plan.
8.2
Termination of the Plan.

(a)
Right to Terminate. The Company expects this Plan to be continued indefinitely
but necessarily reserves the right to terminate the Plan, or any portion of the
Plan, and all contributions attributed to the terminated portion, at any time.
Each Employer reserves the right to terminate its participation in the Plan at
any time by appropriate action of its board of directors.

(b)
Full Vesting. In the event of termination or partial termination, the Accrued
Benefit of each affected Participant, to the extent funded, will become fully
Vested as of the termination date. For purposes of accelerated vesting, affected
Participants will include only those who are in active Employment as of the Plan
termination date. All non-Vested Participants who incurred a Termination Date
before the Plan termination date will be considered to have received
constructive cash outs of their entire Accrued Benefits under Section
4.1(c)(ii).

(c)
Provision for Benefits upon Plan Termination. In the event of termination, the
Plan Administrator may in its discretion (1) continue the Trust for so long as
it considers advisable and so long as permitted by law, either through the
existing trust agreement(s), or through successor funding media, or (2)
terminate the Trust, pay all expenses, and direct the payment of the benefits as
allocated under Section 8.2(d), either in the form of lump-sum distributions,
annuity contracts, transfer to another qualified plan, or any other form
selected by the Plan Administrator, to the extent not prohibited by law.

(d)
Allocation of Assets. Upon termination, the Plan Administrator will allocate the
assets that remain after payment of all Plan expenses, to pay benefits due to
Participants and Beneficiaries under applicable provisions of the Plan, as
specified in ERISA Section 4044.

(e)
Surplus Reversion. Any assets that remain after all benefits under the Plan have
been allocated will be returned to the Company and/or the affected Employer(s).

(f)
Interest and Mortality Assumptions. Upon termination of the Plan:

(i)
If the Interest Credit rate that is then in effect under Section 3.9(c) is a
variable rate, the rate of interest that will be used to determine the Accrued
Benefit under Section 3.1(c) shall be equal to the average of the Interest
Credit rates that were used for that purpose during the five-year period ending
on the Plan termination date; and

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(ii)
The interest rate and mortality table that are used to determine the amount of
any Accrued Benefit under Section 3.1(c) that is payable in the form of an
annuity at the Participant’s Normal Retirement Date shall be the rate and table
specified under the Plan for such purpose as of the Plan termination date,
except that if such interest rate is a variable rate, the interest rate shall be
equal to the average of the interest rates that were used for that purpose
during the five-year period ending on the Plan termination date.

8.3
Merger. In the event of any merger or consolidation of the Plan with any other
plan, or the transfer of assets or liabilities by the Plan to another plan, each
Participant will be entitled to receive a benefit immediately after the merger,
consolidation, or transfer if the Plan then terminated, that is equal to or
greater than the benefit he or she would have been entitled to receive
immediately before the merger, consolidation, or transfer if the Plan had then
terminated.

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ARTICLE 9
ADMINISTRATION
9.1
Voya Financial Plan Administrative Committee and Voya Financial Plan Investment
Committee.

(a)
Appointment of Committee Members. The Chief Executive Officer of Voya Financial,
Inc. (“CEO”) shall appoint at least three persons to serve on each of the PAC
and the PIC. The CEO may but is not required to appoint one individual who will
serve on both of the PAC and the PIC concurrently. In the event that a member of
the PAC or PIC dies, resigns or is removed (automatically or by the CEO) the CEO
shall appoint a successor member if necessary to ensure that at least three
persons are serving as members of such Committee.

(b)
Rules Regarding Membership. Committee members may, but need not be, a director,
officer, or Employee. Any person or group of persons may serve in more than one
fiduciary capacity with respect to the Plan, and any fiduciary may serve as such
in addition to being an officer, employee, agent, or other representative of a
“party in interest” as defined by Section 3(14) of ERISA. Any member of one or
more of the Committees may resign by delivering his or her written resignation
to the CEO prior to the effective date of such resignation. In addition, if a
member of one or more of the Committees is an Employee or director at the time
of his or her appointment, he or she will automatically cease to be a member
upon termination of his or her employment or directorship. The CEO may remove
any member of a Committee without cause by written action prior to the effective
date of such removal. Each of the Committees shall continue to have the full
power to act through their remaining members during any period that one or more
Committee memberships are vacant.

9.2
Duties and Powers of the PAC.

(a)
Plan Administrator and Named Fiduciary. The PAC is a “named fiduciary” of the
Plan, as defined in Section 402(a)(2) of ERISA, with respect to the overall
operation and administration of the Plan, and is the administrator of the Plan
within the meaning of Section 3(16)(A) of ERISA. In addition to the duties and
powers described elsewhere hereunder, the PAC shall have the discretion and
authority to control and manage the operation and administration of the Plan.

(b)
Administrative Duties and Powers. The PAC shall have all of the duties and
powers necessary or desirable to carry out the operation and administration of
the Plan (except for the specific duties and powers assigned to the PIC),
including, but not limited to, the following:

(i)
to communicate the terms of the Plan to Participants and Beneficiaries;

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(ii)
to prescribe procedures and related forms (which may be electronic in nature) to
be followed by Participants and Beneficiaries, including forms and procedures
for making elections and contributions under the Plan;

(iii)
to receive from Participants and Beneficiaries such information as shall be
necessary for the proper administration of the Plan;

(iv)
to keep records related to the Plan, including any other information required by
ERISA or the Code;

(v)
to appoint, discharge, and periodically review the performance of third party
administrators, recordkeepers, insurers, service providers, other agents,
consultants and accountants in the administration of the Plan;

(vi)
to determine whether any domestic relations order received by the Plan is a
qualified domestic relations order as provided in Code Section 414(p);

(vii)
to prepare and file any reports or returns with respect to the Plan required by
ERISA, the Code, or any other law;

(viii)
to correct errors and make equitable adjustments for mistakes made in the
administration of the Plan;

(ix)
to issue rules, policies, and procedures necessary for the proper conduct and
administration of the Plan and to change, alter, or amend such rules, policies,
and procedures;

(x)
to determine all questions arising in the administration of the Plan, to the
extent the determination is not the responsibility of a third party
administrator, insurer, the PIC, or some other entity;

(xi)
to propose and accept settlements of claims involving the Plan;

(xii)
to direct a Trustee to pay benefits and Plan expenses properly chargeable to the
Plan;

(xiii)
to act as agent or designate an agent for the service of legal process;

(xiv)
to appoint and remove a Trustee or Trustees with respect to a portion of or all
of the assets of the Trust, with the exception of Trustees described in Section
9.3(b)(iv);

(xv)
to authorize the Plan to enter into a trust agreement with a Trustee(s), with
the exception of Trustees described in Section 9.3(b)(iv), and approve any
amendments to the trust agreement; and

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(xvi)
such other duties or powers provided in the Plan or necessary to operate and
administer the Plan.

(c)
Discretionary Authority to Interpret the Plan. The PAC shall have complete
discretion and sole authority to interpret and construe the provisions of the
Plan, make findings of fact, correct errors, and supply omissions, except in
circumstances where discretion is exercised by the PIC as permitted pursuant to
Section 9.3. All decisions and interpretations of the PAC made pursuant to the
Plan shall be final, conclusive and binding on all persons and may not be
overturned unless found by a court to be arbitrary and capricious. The PAC shall
have all of the powers necessary or desirable to carry out these
responsibilities, including, but not limited to, the following:

(i)
to prescribe rules, procedures and related forms (which may be electronic in
nature) to be followed by Participants and Beneficiaries filing claims for
benefits under the Plan;

(ii)
to receive from Participants and Beneficiaries such information as shall be
necessary for the proper determination of benefits payable under the Plan;

(iii)
to keep records related to claims for benefits filed and paid under the Plan;

(iv)
to determine and enforce any limits on benefit elections hereunder;

(v)
to correct errors and make equitable adjustments for mistakes made in the
payment or nonpayment of benefits under the Plan, specifically, and without
limitation, to recover erroneous overpayments made by the Plan to a Participant,
dependent or beneficiary, in whatever manner the PAC deems appropriate,
including suspensions or recoupment of, or offsets against, future payments,
including benefit payments or wages, due that Participant, dependent or
Beneficiary;

(vi)
to determine questions relating to coverage and participation under the Plan and
the rights of Participants or Beneficiaries;

(vii)
to propose and accept settlements and offsets of claims, overpayments and other
disputes involving claims for benefits under the Plan;

(viii)
to compute the amount and kind of benefits payable to Participants and
Beneficiaries, to the extent such determination is not the responsibility of a
third party administrator, insurer, or some other entity; and

(ix)
to direct the Trustee(s) to pay benefits and any Plan expenses properly
chargeable to the Plan that are related to claims for benefits.

(d)
Participants or Beneficiaries entitled to benefits shall furnish forms,
including but not limited to annuity applications, and any information or
evidence, as requested

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by the PAC for the proper administration of the Plan. Failure on the part of any
Participant or Beneficiary to comply with such request within a reasonable
period of time shall be sufficient grounds for delay in the payment of benefits
until the information or evidence requested is received.
9.3
Duties and Powers of the PIC.

(a)
Named Fiduciary. The PIC is a “named fiduciary” of the Plan, as defined in
Section 402(a)(2) of ERISA, with respect to the Plan’s investment matters. The
PIC shall have complete and sole discretion to interpret and construe the
provisions of the Plan insofar as they relate to the Plan’s investments.

(b)
Duties and Powers. The PIC shall have the following specific duties and powers
related to the management and control of the Plan’s assets:

(i)
to establish and periodically review the Plan’s overall investment policy,
including asset allocation, investment policy statement or investment
guidelines, if any;

(ii)
to direct the Trustee(s) with respect to the investment and management of the
Plan’s assets, including any voting rights for any securities held by the
Trustee;

(iii)
to direct the Trustee(s) to pay investment-related expenses properly chargeable
to the Plan, including expenses of Trustees described in Section 9.3(b)(iv);

(iv)
to authorize the Plan to enter into a trust agreement with a Trustee(s), and
approve any amendments to the trust agreement in connection with a specific
investment, such as in connection with a group trust, or a common or collective
trust arrangement;

(v)
to authorize the Plan to enter into insurance contracts and arrangements,
including contracts for participation in single-client or pooled separate
accounts to facilitate the investment of plan assets;

(vi)
to appoint, periodically review the performance of, and remove one or more
investment manager(s), as defined in Section 3(38) of ERISA, to manage any
portion of the Trust or an insurance company single-client or pooled separate
account, including the exercise of any voting rights of any securities managed
by the investment manager;

(vii)
to communicate regarding the liquidity needs of the Plan so that investment
discretion can be exercised to effect specific objectives; and

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(viii)
to hire, discharge and periodically review the performance of investment
consultants, investment advisers, and any other service provider in connection
with the Plan’s investments deemed appropriate in the discretion of the PIC.

9.4
Functioning of the Committees.

(a)
Meetings. Each Committee shall meet on a periodic, as-needed basis and each
Committee shall enact such rules and regulations as it may deem necessary and
proper to carry out its responsibilities. Meetings may be held in person,
telephonically, or by other electronic means as appropriate. Each Committee
shall periodically report to the CEO concerning the discharge of its
responsibilities.

(b)
Chairperson, Secretary and Legal Counsel. Each Committee may select one of its
members as the Chairperson. In the event that a Committee fails to appoint a
Chairperson, the CEO may appoint a Chairperson for that Committee. The
Chairperson, if appointed, shall be responsible for conducting meetings. The
Chairperson may appoint a Secretary, who may but need not be a Committee member,
who shall keep regular records of all meetings and decisions and shall keep
books of account, records and other data necessary for the proper administration
of the Committee. Legal Counsel to the Committees shall be provided by one or
more Voya Financial, Inc. Law Department Attorneys as assigned from time to time
by the Chief Legal Officer of Voya Financial, Inc. and/or by such outside
counsel as assigned in-house counsel may engage.

(c)
Action of the Committees. Each Committee may take any action that it is required
or authorized to take under the Plan by vote of a majority of members present at
any meeting at which a quorum exists. A quorum exists if a majority of the
members of a Committee are present. One member may vote on behalf of another
absent member to the extent authorized in writing by the absent member.
Alternatively, in the absence of a meeting, the Committees may take action by
written approval of a majority of the members.

(d)
Deadlocks. In the event of a deadlock, a Committee shall determine the method
for resolving such deadlock. If there are two or more members, no member shall
act upon any question pertaining solely to himself, and the other member or
members shall make any determination required by the Plan in respect thereof.

(e)
Execution of Documents. Each Committee may authorize any one or more of its
members or any other person as an authorized signatory to execute documents on
its behalf. To the extent necessary, a Committee may notify the Trustee(s) or
other service providers in writing of any such authorization and the name or
names of the member or members or other person(s) so designated.

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9.5
Allocation and Delegation of Duties. Each of the Committees shall have the
authority to:

(a)
Allocate, from time-to-time, by a written instrument filed in its records, all
or any part of its responsibilities under the Plan to one or more of its
members, including a subcommittee, as may be deemed advisable, and in the same
manner to revoke such allocation of responsibilities. In the exercise of such
allocated responsibilities, any action of the member or subcommittee to whom
responsibilities are allocated shall have the same force and effect for all
purposes hereunder as if such action had been taken by the allocating Committee.
The allocating Committee shall not be liable for any acts or omissions of such
member or subcommittee. The member or subcommittee to whom responsibilities have
been allocated shall periodically report to the allocating Committee concerning
the discharge of the allocated responsibilities.

(b)
Delegate, from time-to-time, by a written instrument filed in its records, all
or any part of its responsibilities under the Plan to such person or persons as
the Committee may deem advisable (and may authorize such person(s) to delegate
such responsibilities to such other person or persons as the Committee shall
authorize) and in the same manner to revoke any such delegation of
responsibilities. Any action of the delegate in the exercise of such delegated
responsibilities shall have the same force and effect for all purposes hereunder
as if such action had been taken by the delegating Committee. The delegating
Committee shall not be liable for any acts or omissions of any such delegate.
The delegate shall periodically report to the delegating Committee concerning
the discharge of the delegated responsibilities.

9.6
Deemed Delegation of Duties and Powers. The PAC shall be deemed to have
delegated its responsibilities for plan administration and/or determining
benefits and eligibility for benefits to a third party administrator, insurer or
other fiduciary where such person has been appointed by the PAC to make such
determinations. In such case, such other person shall have the duties and powers
as the PAC as set forth above, including the complete discretion to interpret
and construe the provisions of the Plan relevant to its delegated authority. The
Benefits Department of the Company has the authority to act on behalf of the PAC
with respect to non-discretionary day-to-day administrative matters.

9.7
Payment of Expenses. Those members of the Committees who are full-time paid
Employees of an Employer shall serve without compensation. The expenses of the
Committees, including reasonable compensation as may be agreed upon in writing
between an Employer and the Committees for members who are not full-time
Employees of an Employer, shall be deemed administrative expenses payable in
accordance with Section 9.8.

9.8
Plan Expenses. All fees and expenses incurred in connection with the operation
and administration of the Plan, including but not limited to Committee, legal,
accounting,

81

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actuarial, investment, Trustee, management, and administrative fees and
expenses, will be paid out of the Trust or any other Plan asset to the extent
that it is legally permissible for these fees and expenses to be so paid, unless
the expenses are paid by an Employer. To the extent permitted by law, an
Employer may also advance amounts properly payable by the Plan or Trust and then
obtain reimbursement from the Plan or Trust for these advances.

9.9
Information to be supplied by a Participating Employer. Each Employer shall
provide the PAC and PIC with such information as the PAC or PIC shall from
time-to-time need or reasonably request in the discharge of its duties,
including but not limited to complete information regarding the Compensation and
Employment of each Participant. The Committees may rely conclusively on the
information provided. The Committees may rely conclusively upon all tables,
valuations, certificates, opinions, and reports furnished by any actuary,
accountant, controller, counsel or other person who is employed or engaged for
any purpose in connection with the administration of the Plan.

9.10
Actuarial Determinations. The PAC shall appoint an enrolled actuary to make
annual actuarial valuations of the Plan’s experience and liabilities, to prepare
actuarial statements, and to recommend the amounts of contributions to be made
by the Company and/or the Employers. The PAC will inform the Company of the
amount of contributions determined to be necessary to provide benefits, based on
the recommendations of the enrolled actuary. The Company shall be solely
responsible for determining the amount of any contributions to be made to the
Plan. The Company and each Employer shall be responsible for making
contributions to the Plan in the amounts determined by the Company based on the
recommendations of the enrolled actuary.

9.11
Funding Policy. The PAC shall maintain records showing the fiscal operation of
the Plan, and shall keep in convenient form the data required for actuarial
valuations. The Company, and not the PAC, shall maintain and execute a funding
policy.

9.12
Electronic Communications. The Committees may carry out their duties and
maintain Plan records through electronic means. To the extent electronic means
are used for Participant elections, an electronic signature shall constitute a
wet signature.

9.13
Indemnification. Each member (or former member) of a Committee, and any other
person who is an Employee, officer or director of a participating Employer (or a
former Employee, officer or director of a participating Employer) shall be
indemnified and held harmless by each participating Employer against and with
respect to all damages, losses, obligations, liabilities, liens, deficiencies,
costs and expenses, including without limitation, reasonable attorney’s fees and
other costs incident to any suit, action, investigation, claim or proceedings to
which he or she may be a party by reason of his or her performance of any
functions and duties under the Plan, except in relation to matters as to which
he or she committed an act of gross negligence or willful misconduct in the
performance of his or her duties. The foregoing right to indemnification shall
be in addition to such other rights as a Committee member (or former member) or
other person

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may enjoy as a matter of law or by reason of insurance coverage of any kind.
Rights granted hereunder shall be in addition to and not in lieu of any rights
to indemnification to which the Committee member (or former member) or other
person may be entitled pursuant to the limited liability company agreement,
limited partnership agreement, by-laws or similar constitutional document of any
participating Employer.

9.14
Trustees. A Trustee appointed pursuant to Article 9 will have such duties as are
set forth in the trust agreement entered with the Trustee. Such trust agreement
is an integral part of the Plan.

9.15
Claims Procedure.

(a)
Application for Benefits. Each Participant or Beneficiary must submit a written
application for payment with such documentation as the Plan Administrator
considers necessary to process the claim. This form may be completed and
submitted electronically.

(b)
Decision on Claim. Within 90 days after receipt of a claim, the Plan
Administrator will issue a decision. If the claim is denied in whole or in part,
the notice of the decision will set forth (1) specific reasons for the denial
and references to Plan provisions upon which the denial is based; (2) a
description of any additional information necessary to process the claim,
including an explanation of why such information is necessary; and (3) an
explanation of the Plan’s claim review procedure, including a statement of the
claimant’s right to bring a civil action under Section 502(a) of ERISA. If
special circumstances require an extension of time, the Plan Administrator will
furnish the claimant notice of the extension, and an explanation of why it is
necessary, before the end of the initial 90 day period. If an extension of time
is required, such extension will not exceed 90 days from the end of the initial
90-day period.

(c)
Appeal. The claimant (which may be the Participant, his or her Beneficiary or a
representative of the Participant or Beneficiary) may appeal an adverse decision
by requesting in writing, within 60 days after he or she receives the decision,
that the PAC review the decision. He or she may submit, in writing, comments,
documents, records and other information relating to the claim that he or she
wants the PAC to consider. The claimant may inspect all documents that are
reasonably pertinent to his or her case free of charge, upon reasonable notice
to the PAC, but may not inspect confidential information concerning any other
person or an Employer. The PAC will provide for a review that takes into account
all comments, documents, records, or other information submitted by the
claimant, without regard to whether such information was submitted or considered
in the initial decision. The PAC will proceed promptly to resolve all issues and
issue a written decision, with a statement of reasons and references to
supporting provisions of the Plan, within 60 days. If special circumstances
require an extension of time, the PAC will render a decision as soon as
possible,

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but not later than 120 days after receipt of the appeal. If an extension is
required, the PAC will issue notice of its need for an extension with an
explanation of the circumstances requiring the extension, before the extension
period begins. If an extension is required due to the claimant’s failure to
submit information necessary to decide the claim, the period for making the
determination on appeal will be tolled from the date of the notification of the
extension until the date on which the claimant responds to the request for
additional information.
(d)
Decision on Appeal. The PAC will issue a written decision on appeal. If the
claim is denied in whole or in part, the notice of the decision on appeal will
set forth (1) specific reasons for the denial and references to Plan provisions
upon which the denial is based; (2) a statement that the claimant is entitled to
receive, upon request and free of charge, copies of all documents, records, or
other information relevant to the claimant’s claim; (3) an explanation of
voluntary appeal procedures offered, if any, including a description of the
claimant’s right to obtain information about such procedures; and (4) a
statement of the claimant’s right to bring a civil action under Section 502(a)
of ERISA.

(e)
Exhaust Claims Procedures. No Participant, Beneficiary, or other claimant may
bring a lawsuit to recover benefits under the Plan until the Participant,
Beneficiary, or other claimant has timely exercised all appeal rights available
under the Plan’s claims procedures and the appeal(s) seeking benefits have been
denied by the PAC.

(f)
Time Limit for Lawsuits. Any lawsuit seeking benefits must be brought within the
shorter of (i) one year from the date of the final appeal denial or (ii) three
years from the date of the services giving rise to the claim. All claims other
than claims for benefits (such as, but not limited to: claims for penalties,
equitable relief, interference with protected rights, or production of
documents; claims against nonfiduciaries) must be brought within one year of the
act or omission giving rise to the claim.

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ARTICLE 10
MEDICAL BENEFITS ACCOUNT
10.1
Establishment of Medical Benefits Account. The Trustee shall, at the direction
of the Company, establish a Medical Benefits Account for the purpose of
providing for the payment of benefits to Medical Benefits Account Beneficiaries.
The Company shall, in its sole discretion, determine if and when such Medical
Benefits Account shall be established and the funding thereof. The medical
benefits that will be available and the provisions for determining the amount
that will be paid from the Medical Benefits Account are as set forth in the
Company’s Medical Plan. Notwithstanding the foregoing, the Company may modify,
amend or terminate the Company’s Medical Plan at any time and for any reason or
no reason, subject to the applicable provisions of ERISA.

(a)
Subject to the limitations of this Article, the Medical Benefits Account
Beneficiaries shall be specified in the Company’s Medical Plan. No benefits may
be paid under the Company’s Medical Plan from the Medical Benefits Account to
any active Employee (or his or her Spouse or dependents) of the Employer.
Benefits may be paid under the Company’s Medical Plan from the Medical Benefits
Account only to Medical Benefits Account Beneficiaries.

(b)
Benefits paid from the Medical Benefits Account, when added to any life
insurance protection provided by the Plan, if any, shall be subordinate to
retirement benefits, such that the aggregate actual contributions for medical
benefits, when added to the actual contributions for life insurance protection
provided by the Plan, do not exceed 25% of the total actual contributions to the
Plan (other than contributions to fund past service credits) after the date that
the Medical Benefits Account is established.

(c)
The Trustee shall separately account for contributions to the Medical Benefits
Account on behalf of each Key Employee. All benefits paid from the Medical
Benefits Account to each such Key Employee (and such Key Employee’s Spouse or
dependents) shall be paid solely from the separate account established for such
Key Employee. The Trustee shall credit each such separate account with a pro
rata share of the gains and losses of the Medical Benefits Account, taking into
account all contributions to and distributions from such separate account.

(d)
The Company shall, at the time the Company makes a contribution to the Plan,
designate the portion of such contribution, if any, allocable to funding the
Medical Benefits Account. Such contributions shall be reasonable and
ascertainable. Nothing herein shall require the Company to allocate any portion
of a contribution to the Medical Benefits Account and if no such designation is
made, no portion of the Company’s contribution shall be deemed to be to the
Medical Benefits Account.

85

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(e)
No amount of corpus or income may be paid from the Medical Benefits Account for
any nonmedical purpose unless all liabilities to Medical Benefits Account
Beneficiaries have been fully satisfied. However, payment of necessary or
appropriate administrative expenses applicable to the Plan or the Medical
Benefits Account may be paid therefrom.

(f)
Upon satisfaction of all Medical Benefits Account liabilities, any remaining
assets credited to the Medical Benefits Account shall be paid to the Company.

(g)
Any forfeitures of amounts credited to the Medical Benefits Account shall be
applied as soon as possible to reduce future Company contributions to the
Medical Benefits Account.

(h)
The assets allocated to the Medical Benefits Account shall be invested as part
of the general Trust Fund.

10.2
No Qualified Transfers. No transfer of “excess pension assets” (as that term is
defined in Code Section 420(e)) shall be made to the Medical Benefits Account.

10.3
Definitions. For purposes of this Article 10, the following terms shall have the
following meanings:

(a)
“Company’s Medical Plan” means the plan or program that sets forth the benefits
provided by the Company to retirees (their Spouses and dependents, if provided
therein) for sickness, accident, hospitalization, or medical expenses, as in
effect from time to time, that shall be funded in whole or in part by the
Medical Benefits Account.

(b)
“Key Employee” means any Employee, who at any time during the Plan Year or any
preceding Plan Year during which contributions were made on behalf of such
Employee, is or was a Key Employee as otherwise defined by the Plan.

(c)
“Medical Benefits Account” means the separate account established under this
Article that provides for the payment of benefits for sickness, accident,
hospitalization, and medical expenses of Medical Benefits Account Beneficiaries
and that is intended to satisfy the requirements of Code Section 401(h).

(d)
“Medical Benefits Account Beneficiaries” means a Participant, and his or her
Spouse or eligible dependents, who has separated from service with his or her
Employer due to normal retirement or, if applicable, early retirement, provided
such retiree is eligible to receive retiree medical benefits pursuant to the
Company’s Medical Plan.

86

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ARTICLE 11
MISCELLANEOUS
11.1
Headings; References. The headings and subheadings in this Plan have been
inserted for convenient reference, and to the extent any heading or subheading
conflicts with the text, the text will govern. Capitalized terms used in the
Plan shall have their meaning defined in the Plan unless the context clearly
indicates to the contrary.

11.2
Construction. The Plan will be construed in accordance with the laws of the
State of Georgia, excluding choice of law provisions, except to the extent such
laws are preempted by ERISA and the Code.

11.3
Qualification for Continued Tax-Exempt Status. Notwithstanding any other
provision of the Plan, the amendment and restatement of the Plan is adopted on
the condition that it will be approved by the Internal Revenue Service as
meeting the requirements of the Code and ERISA for continued tax-exempt status,
and in the event continued qualification is denied and cannot be obtained by
revisions satisfactory to the Company, this amendment and restatement will be
null and void. Should that occur, the Plan as previously in effect shall apply.

11.4
Nonalienation. No benefits payable under the Plan will be subject to the claim
or legal process of any creditor of any Participant or Beneficiary, and no
Participant or Beneficiary will alienate, transfer, anticipate, or assign any
benefits under the Plan, except that distributions will be made pursuant to (a)
qualified domestic relations orders issued in accordance with Code Section
414(p), (b) judgments resulting from federal tax assessments, (c) agreements
between a Participant or Beneficiary and an Employer under Treas. Reg. Section
1.401(a)(l3)(e) for the use of all or part of his or her benefits under the Plan
to repay his or her indebtedness to the Employer, which amount of benefits will
be paid in a lump sum as soon as practicable after the agreement is executed and
will be subject to the withholding requirements set forth in Section 11.7, and
(d) as otherwise required or permitted by applicable law.

11.5
No Employment Rights. Participation in the Plan will not give any Employee the
right to be retained in the employ of any Employer, or upon termination any
right or interest in the Plan except as provided in the Plan.

11.6
No Enlargement of Rights. No person will have any right to or interest in any
portion of the Plan, except as specifically provided in the Plan.

11.7
Withholding for Taxes. Payments under the Plan will be subject to withholding
for income and payroll taxes as required by law.

87

--------------------------------------------------------------------------------

This amendment and restatement is executed on behalf of Voya Services Company by
the Authorized Officers whose signatures appear below on this 19 day of October,
2018.

By: /s/ Kimberly D. Shattuck
Kimberly D. Shattuck
Authorized Officer

By: /s/ Howard F. Greene
Howard F. Greene
Authorized Officer

88

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APPENDIX 1.4(a)
GRANDFATHERED ACTUARIAL ASSUMPTIONS
I. Grandfathered Benefits
A. Prior Plan Grandfathering
The following assumptions will be used to determine the value of a Prior Plan
Benefit payable in an optional form if they produce a benefit larger than the
assumptions in Section 1.4(a) of the main text of the Plan.
1. AFS Plan
For purposes of converting the single life annuity to an optional form of
payment, Actuarial Equivalence shall be determined using the Applicable
Mortality Table and an interest rate of 7.0%.
2. EIC, LOG and SLD Plan
For purposes of determining the amount of the benefit payable in the optional
forms described in Appendix 4.1(b) under the EIC Plan, the SLD Plan, and the LOG
Plan (Non-Field Force), the tables below (II.1-II.5(f)) shall be used to
determine the benefit payable under the Plan.
B. Grandfathering of December 31, 2011 Accrued Amounts
In the case of a Participant who has an Accrued Benefit under the Plan as of
December 31, 2011, the retirement benefit payable to such Participant in any
annuity payment form will not be less than the retirement benefit that would
have been payable to such Participant in such annuity payment form based solely
upon his or her Accrued Benefit as of December 31, 2011, converted from a single
life annuity, where applicable, into an optional annuity payment form using the
1994 Group Annuity Mortality Static Table for Males for both Participant and
Beneficiary and an interest rate of 5.5%.

89

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Factors for Forms of Payment

II.1 Factors for Joint and Survivor Annuity.

X equals the Participant’s age and Y equals the Beneficiary’s age.

 
If X equals or
exceeds Y
If X is less than Y, and X equals or is
less than 62
If X is less than Y, and X exceeds 62
50% Survivor Option
.92 - (X-Y)(.004) +
.004 (62-X)
.92 - (X-Y)(.004) +
.002 (62-X)
.92 - (X-Y)(.004) +
.001 (62-X)
66 2/3% Survivor Option
.90 - (X-Y)(.005) +
.004 (62-X)
.90 - (X-Y)(.005) +
.002 (62-X)
.90 - (X-Y)(.005) +
.001 (62-X)
100% Survivor Option
.86 - (X-Y)(.006) +
.004 (62-X)
.86 - (X-Y)(.006) +
.002 (62-X)
.86 - (X-Y)(.006) +
.001 (62-X)

II.2 Factors for Ten Years Certain and Life Annuity.

Age
Factor
Age
Factor
Age
Factor
55
0.969
64
0.919
73
0.802
56
0.966
65
0.909
74
0.785
57
0.962
66
0.899
75
0.766
58
0.958
67
0.887
76
0.745
59
0.953
68
0.875
77
0.724
60
0.948
69
0.862
78
0.701
61
0.942
70
0.848
79
0.679
62
0.935
71
0.833
80
0.656
63
0.927
72
0.818
 
 

II.3 Factors for Twenty Years Certain and Life Annuity.

Age
Factor
Age
Factor
Age
Factor
55
0.939
62
0.873
69
0.769
56
0.932
63
0.861
70
0.751
57
0.924
64
0.847
71
0.733
58
0.925
65
0.833
72
0.713
59
0.906
66
0.818
73
0.692
60
0.896
67
0.803
74
0.671
61
0.885
68
0.787
75
0.649

90

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II.4(a) Factors for Social Security Level Income Option - Single Life Annuity.

Age
Factor
Age
Factor
Age
Factor
55
0.388
59
0.555
63
0.815
56
0.423
60
0.609
64
0.902
57
0.463
61
0.670
65
1.000
58
0.506
62
0.738
 
 

II.4(b)
Factors for Social Security Level Income Option - Single Life Annuity (No
Benefit Payable After Age 65).

Ratio
55
56
57
58
59
60
61
62
63
64
Factor
1.634
1.734
1.861
2.025
2.246
2.557
3.028
3.817
5.401
10.167

91

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II.5(a)     Factors for Social Security Level Income Option - 100% Joint and
Survivor Annuity.
PARTICIPANT AGE
 
 
55

56

57

58

59

60

61

62

63

64

25
0.491

0.528

0.567

0.609

0.654

0.702

0.754

0.809

0.869

0.932

26
0.490

0.527

0.566

0.608

0.653

0.702

0.754

0.809

0.868

0.932

27
0.489

0.526

0.565

0.607

0.653

0.701

0.753

0.809

0.868

0.932

28
0.488

0.525

0.564

0.607

0.652

0.700

0.752

0.808

0.868

0.932

29
0.487

0.524

0.563

0.606

0.651

0.700

0.752

0.808

0.867

0.931

30
0.486

0.523

0.562

0.605

0.650

0.699

0.751

0.807

0.867

0.931

31
0.484

0.521

0.561

0.604

0.649

0.698

0.750

0.807

0.867

0.931

32
0.483

0.520

0.560

0.603

0.648

0.697

0.750

0.806

0.866

0.931

33
0.482

0.519

0.559

0.601

0.647

0.696

0.749

0.805

0.866

0.931

34
0.480

0.517

0.557

0.600

0.646

0.695

0.748

0.805

0.865

0.930

35
0.478

0.516

0.556

0.599

0.645

0.694

0.747

0.804

0.865

0.930

36
0.477

0.514

0.554

0.597

0.644

0.693

0.746

0.803

0.864

0.930

37
0.475

0.513

0.553

0.596

0.642

0.692

0.745

0.803

0.864

0.930

38
0.473

0.511

0.551

0.595

0.641

0.691

0.744

0.802

0.863

0.929

39
0.471

0.509

0.550

0.593

0.640

0.690

0.743

0.801

0.863

0.929

40
0.470

0.507

0.548

0.591

0.638

0.688

0.742

0.800

0.862

0.929

41
0.468

0.505

0.546

0.590

0.637

0.687

0.741

0.799

0.861

0.928

42
0.466

0.503

0.544

0.588

0.635

0.686

0.740

0.798

0.861

0.928

43
0.463

0.501

0.542

0.586

0.633

0.684

0.739

0.797

0.860

0.928

B
44
0.461

0.499

0.540

0.584

0.631

0.682

0.737

0.796

0.859

0.927

E
45
0.459

0.497

0.538

0.582

0.630

0.681

0.736

0.795

0.859

0.927

N
46
0.457

0.495

0.536

0.580

0.628

0.679

0.734

0.794

0.858

0.926

E
47
0.454

0.492

0.534

0.578

0.626

0.677

0.733

0.793

0.857

0.926

F
48
0.452

0.490

0.531

0.576

0.624

0.676

0.731

0.791

0.856

0.925

I
49
0.449

0.488

0.529

0.574

0.622

0.674

0.730

0.790

0.855

0.925

C
50
0.447

0.485

0.526

0.571

0.620

0.672

0.728

0.789

0.854

0.924

I
51
0.444

0.482

0.524

0.569

0.617

0.670

0.726

0.787

0.853

0.924

A
52
0.442

0.480

0.521

0.566

0.615

0.668

0.725

0.786

0.852

0.923

R
53
0.439

0.477

0.519

0.564

0.613

0.666

0.723

0.784

0.851

0.923

Y
54
0.436

0.475

0.516

0.562

0.610

0.663

0.721

0.783

0.850

0.922

 
55
0.434

0.472

0.514

0.559

0.608

0.661

0.719

0.781

0.849

0.921

 
56
0.431

0.469

0.511

0.557

0.606

0.659

0.717

0.780

0.847

0.921

A
57
0.428

0.467

0.509

0.554

0.603

0.657

0.715

0.778

0.846

0.920

G
58
0.426

0.464

0.506

0.551

0.601

0.655

0.713

0.776

0.845

0.920

E
59
0.423

0.462

0.503

0.549

0.598

0.652

0.711

0.775

0.844

0.919

 
60
0.421

0.459

0.501

0.546

0.596

0.650

0.709

0.773

0.843

0.918

 
61
0.418

0.457

0.498

0.544

0.594

0.648

0.707

0.771

0.841

0.917

 
62
0.416

0.454

0.496

0.541

0.591

0.646

0.705

0.770

0.840

0.917

 
63
0.414

0.452

0.493

0.539

0.589

0.644

0.703

0.768

0.839

0.916

 
64
0.411

0.449

0.491

0.537

0.587

0.641

0.701

0.766

0.838

0.915

 
65
0.409

0.447

0.489

0.534

0.584

0.639

0.699

0.765

0.837

0.915

92

--------------------------------------------------------------------------------

 
 
55

56

57

58

59

60

61

62

63

64

 
66
0.407

0.445

0.487

0.532

0.582

0.637

0.697

0.763

0.835

0.914

 
67
0.405

0.443

0.484

0.530

0.580

0.635

0.695

0.762

0.834

0.913

 
68
0.403

0.441

0.482

0.528

0.578

0.633

0.694

0.760

0.833

0.913

 
69
0.401

0.439

0.480

0.526

0.576

0.631

0.692

0.759

0.832

0.912

 
70
0.400

0.437

0.478

0.524

0.574

0.629

0.690

0.757

0.831

0.911

 
71
0.398

0.435

0.477

0.522

0.572

0.627

0.688

0.756

0.829

0.911

 
72
0.397

0.434

0.475

0.520

0.570

0.626

0.687

0.754

0.828

0.910

 
73
0.395

0.432

0.473

0.518

0.569

0.624

0.685

0.753

0.827

0.910

 
74
0.394

0.431

0.472

0.517

0.567

0.622

0.684

0.751

0.826

0.909

 
75
0.393

0.430

0.470

0.515

0.565

0.621

0.682

0.750

0.825

0.908

 
76
0.392

0.428

0.469

0.514

0.564

0.619

0.681

0.749

0.824

0.908

 
77
0.391

0.427

0.468

0.513

0.563

0.618

0.680

0.748

0.823

0.907

 
78
0.390

0.426

0.467

0.512

0.561

0.617

0.678

0.747

0.823

0.907

 
79
0.389

0.425

0.466

0.510

0.560

0.616

0.677

0.746

0.822

0.906

 
80
0.389

0.425

0.465

0.509

0.559

0.615

0.676

0.745

0.821

0.906

 
81
0.388

0.424

0.464

0.509

0.558

0.614

0.675

0.744

0.820

0.905

 
82
0.388

0.424

0.463

0.508

0.557

0.613

0.674

0.743

0.820

0.905

 
83
0.387

0.423

0.463

0.507

0.557

0.612

0.673

0.742

0.819

0.905

 
84
0.387

0.423

0.462

0.507

0.556

0.611

0.673

0.742

0.819

0.904

 
85
0.387

0.422

0.462

0.506

0.555

0.611

0.672

0.741

0.818

0.904

93

--------------------------------------------------------------------------------

II.5(b) Social Security Level Income Option - 100% Joint and Survivor (No
Benefit After Age 65).

PARTICIPANT AGE
 
 
55

56

57

58

59

60

61

62

63

64

25
1.965

2.117

2.309

2.558

2.891

3.360

4.066

5.246

7.612

14.723

26
1.961

2.113

2.305

2.553

2.885

3.353

4.057

5.235

7.596

14.692

27
1.957

2.109

2.300

2.547

2.879

3.346

4.048

5.224

7.579

14.659

28
1.953

2.104

2.295

2.542

2.872

3.338

4.039

5.211

7.562

14.624

29
1.948

2.099

2.290

2.536

2.866

3.330

4.029

5.198

7.543

14.587

30
1.944

2.094

2.284

2.529

2.858

3.321

4.019

5.185

7.523

14.548

31
1.939

2.089

2.278

2.523

2.851

3.312

4.008

5.170

7.502

14.506

32
1.934

2.084

2.272

2.516

2.843

3.303

3.996

5.155

7.479

14.463

33
1.929

2.078

2.265

2.508

2.834

3.293

3.984

5.139

7.456

14.417

34
1.923

2.072

2.259

2.501

2.826

3.283

3.971

5.122

7.431

14.368

35
1.917

2.065

2.252

2.493

2.816

3.272

3.958

5.105

7.405

14.317

36
1.911

2.059

2.244

2.484

2.807

3.260

3.943

5.086

7.377

14.263

37
1.905

2.052

2.236

2.476

2.796

3.248

3.928

5.066

7.348

14.206

38
1.899

2.045

2.228

2.466

2.786

3.235

3.913

5.046

7.318

14.146

39
1.892

2.037

2.220

2.457

2.775

3.222

3.897

5.025

7.286

14.084

40
1.885

2.030

2.211

2.447

2.763

3.209

3.880

5.002

7.253

14.019

41
1.878

2.022

2.203

2.437

2.752

3.195

3.862

4.979

7.219

13.951

42
1.871

2.014

2.193

2.426

2.739

3.180

3.844

4.955

7.183

13.880

43
1.863

2.005

2.184

2.416

2.727

3.165

3.825

4.930

7.146

13.806

B
44
1.856

1.997

2.174

2.404

2.714

3.149

3.806

4.904

7.107

13.730

E
45
1.848

1.988

2.164

2.393

2.700

3.133

3.785

4.877

7.067

13.650

N
46
1.840

1.979

2.154

2.381

2.686

3.116

3.765

4.850

7.026

13.568

E
47
1.832

1.970

2.144

2.369

2.672

3.099

3.743

4.821

6.983

13.484

F
48
1.824

1.961

2.133

2.357

2.658

3.082

3.722

4.792

6.940

13.396

I
49
1.816

1.951

2.122

2.345

2.643

3.064

3.699

4.762

6.895

13.307

C
50
1.807

1.942

2.112

2.332

2.628

3.046

3.677

4.732

6.849

13.215

I
51
1.799

1.932

2.101

2.319

2.613

3.028

3.653

4.701

6.802

13.121

A
52
1.791

1.923

2.090

2.307

2.598

3.009

3.630

4.669

6.754

13.025

R
53
1.782

1.913

2.079

2.294

2.583

2.991

3.606

4.637

6.706

12.928

Y
54
1.774

1.904

2.068

2.281

2.567

2.972

3.582

4.604

6.657

12.829

 
55
1.766

1.894

2.057

2.268

2.552

2.953

3.558

4.572

6.607

12.729

 
56
1.758

1.885

2.046

2.255

2.536

2.934

3.534

4.539

6.557

12.628

A
57
1.750

1.876

2.035

2.242

2.521

2.915

3.509

4.506

6.507

12.526

G
58
1.742

1.866

2.024

2.229

2.506

2.896

3.485

4.473

6.457

12.424

E
59
1.734

1.858

2.014

2.217

2.491

2.877

3.461

4.440

6.406

12.322

 
60
1.727

1.849

2.003

2.205

2.476

2.859

3.437

4.407

6.356

12.220

 
61
1.719

1.840

1.993

2.193

2.461

2.840

3.414

4.375

6.307

12.119

 
62
1.712

1.832

1.984

2.181

2.447

2.823

3.391

4.343

6.258

12.019

 
63
1.706

1.824

1.974

2.169

2.433

2.805

3.368

4.312

6.210

11.920

 
64
1.699

1.816

1.965

2.158

2.419

2.788

3.346

4.282

6.162

11.823

94

--------------------------------------------------------------------------------

 
 
55

56

57

58

59

60

61

62

63

64

 
65
1.693

1.809

1.956

2.148

2.406

2.772

3.324

4.252

6.116

11.728

 
66
1.687

1.802

1.947

2.137

2.393

2.756

3.304

4.223

6.071

11.635

 
67
1.681

1.795

1.939

2.127

2.381

2.740

3.283

4.195

6.027

11.545

 
68
1.676

1.788

1.931

2.118

2.369

2.725

3.264

4.168

5.985

11.456

 
69
1.671

1.782

1.924

2.109

2.358

2.711

3.245

4.141

5.944

11.371

 
70
1.666

1.777

1.917

2.100

2.347

2.697

3.227

4.116

5.904

11.288

 
71
1.661

1.771

1.910

2.092

2.337

2.684

3.209

4.091

5.865

11.207

 
72
1.657

1.766

1.904

2.084

2.327

2.671

3.192

4.067

5.828

11.129

 
73
1.653

1.761

1.898

2.077

2.318

2.659

3.176

4.045

5.792

11.055

 
74
1.650

1.757

1.893

2.070

2.309

2.648

3.161

4.023

5.758

10.983

 
75
1.647

1.753

1.888

2.063

2.301

2.637

3.147

4.003

5.725

10.914

 
76
1.644

1.749

1.883

2.057

2.293

2.627

3.133

3.983

5.694

10.849

 
77
1.641

1.746

1.879

2.052

2.286

2.618

3.120

3.965

5.665

10.787

 
78
1.639

1.743

1.875

2.047

2.280

2.609

3.109

3.948

5.637

10.729

 
79
1.637

1.740

1.872

2.043

2.274

2.601

3.098

3.932

5.612

10.675

 
80
1.636

1.738

1.869

2.039

2.269

2.594

3.088

3.918

5.588

10.625

 
81
1.634

1.736

1.866

2.035

2.264

2.588

3.079

3.904

5.567

10.578

 
82
1.633

1.735

1.864

2.032

2.259

2.582

3.070

3.892

5.547

10.535

 
83
1.632

1.733

1.862

2.029

2.256

2.576

3.063

3.881

5.528

10.495

 
84
1.631

1.732

1.860

2.027

2.252

2.572

3.056

3.870

5.511

10.458

 
85
1.631

1.731

1.859

2.025

2.249

2.567

3.050

3.861

5.495

10.424

95

--------------------------------------------------------------------------------

II.5(c)    Social Security Level Income Option – 66 ⅔% Joint and Survivor
Annuity.

PARTICIPANT AGE
 
 
55

56

57

58

59

60

61

62

63

64

25
0.461

0.498

0.538

0.580

0.627

0.677

0.731

0.791

0.855

0.924

26
0.461

0.497

0.537

0.580

0.626

0.677

0.731

0.790

0.854

0.924

27
0.460

0.497

0.536

0.579

0.626

0.676

0.731

0.790

0.854

0.924

28
0.459

0.496

0.535

0.578

0.625

0.675

0.730

0.790

0.854

0.924

29
0.458

0.495

0.535

0.578

0.624

0.675

0.730

0.789

0.854

0.924

30
0.457

0.494

0.534

0.577

0.624

0.674

0.729

0.789

0.853

0.924

31
0.456

0.493

0.533

0.576

0.623

0.674

0.729

0.788

0.853

0.923

32
0.455

0.492

0.532

0.575

0.622

0.673

0.728

0.788

0.853

0.923

33
0.454

0.491

0.531

0.574

0.621

0.672

0.727

0.787

0.852

0.923

34
0.453

0.490

0.530

0.574

0.621

0.672

0.727

0.787

0.852

0.923

35
0.452

0.489

0.529

0.573

0.620

0.671

0.726

0.786

0.852

0.923

36
0.451

0.488

0.528

0.572

0.619

0.670

0.725

0.786

0.851

0.922

37
0.449

0.487

0.527

0.570

0.618

0.669

0.725

0.785

0.851

0.922

38
0.448

0.485

0.526

0.569

0.617

0.668

0.724

0.784

0.850

0.922

39
0.447

0.484

0.524

0.568

0.616

0.667

0.723

0.784

0.850

0.922

40
0.445

0.483

0.523

0.567

0.614

0.666

0.722

0.783

0.849

0.922

41
0.444

0.481

0.522

0.566

0.613

0.665

0.721

0.782

0.849

0.921

42
0.442

0.480

0.520

0.564

0.612

0.664

0.720

0.782

0.848

0.921

B
43
0.441

0.478

0.519

0.563

0.611

0.663

0.719

0.781

0.848

0.921

E
44
0.439

0.477

0.517

0.561

0609

0.662

0.718

0.780

0.847

0.920

N
45
0.438

0.475

0.516

0.560

0.608

0.660

0.717

0.779

0.847

0.920

E
46
0.436

0,473

0.514

0.558

0.607

0.659

0.716

0.778

0.846

0.920

F
47
0.434

0.472

0.512

0.557

0.605

0.658

0.715

0.777

0845

0.919

I
48
0.432

0.470

0.511

0.555

0.604

0.656

0.714

0.776

0.844

0.919

C
49
0.431

0.468

0.509

0.554

0.602

0.655

0.713

0.775

0.844

0.918

I
50
0.429

0.466

0.507

0.552

0.600

0.653

0.711

0.774

0.843

0.918

A
51
0.427

0.464

0.505

0.550

0.599

0.652

0.710

0.773

0.842

0.918

R
52
0.425

0.463

0.504

0.548

0.597

0.650

0.709

0.772

0.841

0.917

Y
53
0.423

0.461

0.502

0.547

0.595

0.649

0.707

0.771

0.841

0.917

 
54
0.421

0.459

0.500

0.545

0.594

0647

0.706

0.770

0.840

0.916

 
55
0.420

0.457

0.498

0.543

0.592

0.646

0.704

0.769

0.839

0.916

A
56
0.418

0.455

0.496

0.541

0.590

0.644

0.703

0.767

0.838

0.915

G
57
0.416

0.453

0.494

0.539

0.589

0.643

0.702

0.766

0.837

0.915

E
58
0.414

0.451

0.493

0.538

0.587

0.641

0.700

0.765

0.836

0.914

 
59
0.412

0.450

0.491

0.536

0.585

0.639

0.699

0.764

0.835

0.914

 
60
0.410

0.448

0.489

0.534

0.583

0.638

0.697

0.763

0.834

0.913

 
61
0.409

0.446

0.487

0.532

0.582

0.636

0.696

0.761

0.834

0.913

 
62
0.407

0.444

0.485

0.530

0.580

0.634

0.694

0.760

0.833

0.912

 
63
0.406

0.443

0.484

0.529

0.578

0.633

0.693

0.759

0.832

0.912

 
64
0.404

0.441

0.482

0.527

0.577

0.631

0.691

0.758

0.831

0.911

 
65
0.402

0.440

0.480

0.525

0.575

0.630

0.690

0.757

0.830

0.911

96

--------------------------------------------------------------------------------

 
 
55

56

57

58

59

60

61

62

63

64

 
66
0.401

0.438

0.479

0.524

0.574

0.628

0.689

0.755

0.829

0.910

 
67
0.400

0.437

0,477

0.522

0.572

0.627

0.687

0.754

0.828

0.910

 
68
0.398

0.435

0.476

0.521

0.571

0.625

0.686

0.753

0.827

0.909

 
69
0.397

0.434

0.475

0.520

0.569

0.624

0.685

0.752

0.827

0.909

 
70
0.396

0.433

0.473

0.518

0.568

0.623

0.684

0.751

0.826

0.908

 
71
0.395

0.431

0.472

0.517

0.567

0.622

0.682

0.750

0.825

0.908

 
72
0.394

0.430

0,471

0.516

0.565

0.620

0.681

0.749

0.824

0.907

 
73
0.393

0.429

0.470

0.514

0.564

0.619

0.680

0.748

0.823

0.907

 
74
0.392

0.428

0.469

0.513

0.563

0.618

0.679

0.747

0.823

0.907

 
75
0.391

0.427

0.468

0.512

0.562

0.617

0.678

0.746

0.822

0.906

 
76
0.390

0.427

0.467

0.511

0.561

0.616

0.677

0.745

0.821

0.906

 
77
0.390

0.426

0.466

0.511

0.560

0.615

0.676

0.745

0.821

0.905

 
78
0.389

0.425

0.465

0.510

0.559

0.614

0.676

0.744

0.820

0.905

 
79
0.389

0.425

0.465

0.509

0.558

0.613

0.675

0.743

0.820

0.905

 
80
0.388

0.424

0.464

0.508

0.558

0.613

0.674

0.743

0.819

0.905

 
81
0.388

0.424

0.464

0.508

0.557

0.612

0.673

0.742

0.819

0.904

 
82
0.388

0.423

0.463

0.507

0.557

0.611

0.673

0.741

0.818

0.904

 
83
0.388

0.423

0.463

0.507

0.556

0.611

0.672

0.741

0.818

0.904

 
84
0.387

0.423

0.462

0.506

0.556

0.610

0.672

0.740

0.817

0.903

 
85
0.387

0.423

0.462

0.506

0.555

0610

0.671

0.740

0.817

0.903

97

--------------------------------------------------------------------------------

II.5(d)
Social Security Level Income Option – 66 ⅔% Joint and Survivor (No Benefit After
Age 65).

PARTICIPANT AGE
 
55

56

57

58

59

60

61

62

63

64

55

56

57

58

59

60

61

62

63

64

 
25
1.856

1.992

2.162

2.383

2.679

3.096

3.724

4.774

6.881

13.210

 
26
1.854

1.989

2.159

2.380

2.675

3.092

3.718

4.767

6.870

13.189

 
27
1.851

1.986

2.156

2.376

2.671

3.087

3.713

4.759

6.858

13.167

 
28
1.848

1.983

2.153

2.372

2.667

3.081

3.706

4.751

6.846

13.144

 
29
1.845

1.980

2.149

2.368

2.662

3.076

3.700

4.742

6.834

13.119

 
30
1.842

1.976

2.145

2.364

2.657

3.070

3.693

4.733

6.820

13.093

 
31
1.839

1.973

2.141

2.360

2.652

3.064

3.685

4.724

6.806

13.065

 
32
1.836

1.969

2.137

2.355

2.647

3.058

3.677

4.714

6.791

13.036

 
33
1.832

1.965

2.133

2.350

2.641

3.051

3.669

4.703

6.776

13.006

 
34
1.829

1.961

2.128

2.345

2.635

3.044

3.661

4.692

6.759

12.973

 
35
1.825

1.957

2.124

2.339

2.629

3.037

3.652

4.680

6.742

12.939

 
36
1.821

1.952

2.119

2.334

2.623

3.029

3.642

4.667

6.723

12.903

 
37
1.816

1.948

2.113

2.328

2.616

3.021

3.632

4.654

6.704

12.865

 
38
1.812

1.943

2.108

2.322

2.609

3.013

3.622

4.640

6.684

12.825

 
39
1.808

1.938

2.102

2.315

2.601

3.004

3.611

4.626

6.662

12.783

 
40
1.803

1.933

2.097

2.309

2.594

2.995

3.599

4.611

6.640

12.740

 
41
1.798

1.928

2.091

2.302

2.586

2.985

3.588

4.595

6.517

12.694

 
42
1.793

1.922

2.084

2.295

2.577

2.975

3.575

4.579

6.593

12.647

B
43
1.788

1.916

2.078

2.288

2.569

2.965

3.563

4.563

6.568

12.598

E
44
1.783

1.911

2.072

2.280

2.560

2.955

3.550

4.545

6.542

12.547

N
45
1.778

1.905

2.065

2.272

2.551

2.944

3.536

4.527

6.516

12.494

E
46
1.773

1.899

2.058

2.264

2.542

2.933

3.522

4.509

6.488

12.439

F
47
1.767

1.893

2.051

2.256

2.532

2.921

3.508

4.490

6.460

12.382

I
48
1.762

1.886

2.044

2.248

2.523

2.910

3.493

4.470

6.430

12.324

C
49
1.756

1.880

2.037

2.240

2.513

2.898

3.478

4.450

5.400

12.264

I
50
1.751

1.874

2.029

2.231

2.503

2.886

3.463

4.430

6.370

12.203

A
51
1.745

1.867

2.022

2.223

2.493

2.873

3.447

4.409

6.338

12.140

R
52
1.739

1.861

2.015

2.214

2.483

2.861

3.432

4.388

6.306

12.076

Y
53
1.734

1.855

2.007

2.206

2.472

2.848

3.416

4.366

6.274

12.011

 
54
1.728

1.848

2.000

2.197

2.462

2.836

3.400

4.344

6.241

11.945

 
55
1.723

1.842

1.992

2.188

2.451

2.823

3.383

4.323

6.208

11.878

 
56
1.717

1.835

1.985

2.179

2.441

2.810

3.367

4.301

6.174

11.811

A
57
1.712

1.829

1.978

2.171

2.431

2.797

3.351

4.278

6.141

11.743

G
58
1.707

1.823

1.971

2.162

2.420

2.785

3.335

4.256

6.107

11.674

E
59
1.701

1.817

1.964

2.154

2.410

2.772

3.319

4.234

6.073

11.606

 
60
1.696

1.811

1.957

2.146

2.400

2.760

3.303

4.212

6.040

11.538

 
61
1.691

1.805

1.950

2.138

2.390

2.747

3.287

4.191

6.007

11.471

 
62
1.687

1.800

1.943

2.130

2.381

2.735

3.271

4.170

5.974

11.404

 
63
1.682

1.795

1.937

2.122

2.371

2.724

3.256

4.149

5.942

11.338

98

--------------------------------------------------------------------------------

 
 
55

56

57

58

59

60

61

62

63

64

 
 
55

56

57

58

59

60

61

62

63

64

 
64
1.678

1.789

1.931

2.115

2.362

2.712

3.241

4.128

5.910

11.273

 
65
1.673

1.784

1.925

2.107

2.353

2.701

3.227

4.108

5.879

11.210

 
66
1.669

1.780

1.919

2.100

2.345

2.690

3.213

4.089

5.849

11.148

 
67
1.666

1.775

1.913

2.094

2.337

2.680

3.199

4.070

5.820

11.087

 
68
1.662

1.771

1.908

2.087

2.329

2.670

3.186

4.052

5.792

11.028

 
69
1.659

1.767

1.903

2.081

2.321

2.660

3.173

4.034

5.764

10.971

 
70
1.655

1.763

1.898

2.075

2.314

2.651

3.161

4.017

5.737

10.916

 
71
1.652

1.759

1.894

2.070

2.307

2.642

3.149

4.000

5.711

10.862

 
72
1.650

1.755

1.890

2.065

2.300

2.634

3.138

3.985

5.686

10.810

 
73
1.647

1.752

1.886

2.060

2.294

2.626

3.127

3.969

5.662

10.760

 
74
1.645

1.749

1.882

2.055

2.288

2.618

3.117

3.955

5.639

10.712

 
75
1.643

1.747

1.879

2.051

2.283

2.611

3.107

3.941

5.618

10.666

 
76
1.641

1.744

1.876

2.047

2.278

2.604

3.098

3.928

5.597

10.623

 
77
1.639

1.742

1.873

2.043

2.273

2.598

3.090

3.916

5.577

10.581

 
78
1.637

1.740

1.870

2.040

2.269

2.592

3.082

3.904

5.559

10.543

 
79
1.636

1.738

1.868

2.037

2.265

2.587

3.075

3.894

5.542

10.506

 
80
1.635

1.737

1.866

2.034

2.261

2.582

3.068

3.884

5.526

10.473

 
81
1.634

1.736

1.864

2.032

2.258

2.578

3.062

3.875

5.512

10.442

 
82
1.633

1.734

1.863

2.030

2.255

2.574

3.056

3.867

5.498

10.413

 
83
1.633

1.734

1.861

2.028

2.252

2.570

3.051

3.859

5.486

10.386

 
84
1.632

1.733

1.860

2.026

2.250

2.567

3.047

3.853

5.474

10.362

 
85
1.632

1.732

1.859

2.025

2.248

2.564

3.043

3.846

5.464

10.339

99

--------------------------------------------------------------------------------

II.5(e) Social Security Level Income Option –50% Joint and Survivor Annuity.

PARTICIPANT AGE

 
 
55

56

57

58

59

60

61

62

63

64

25
0.445

0.481

0.521

0.564

0.611

0.662

0.718

0.780

0.846

0.920

26
0.444

0.481

0.521

0.564

0.611

0.662

0.718

0.779

0.846

0 920

27
0.444

0.480

0.520

0.563

0.610

0.662

0.718

0.779

0.846

0.919

28
0.443

0.480

0.519

0.563

0.610

0.661

0.717

0.779

0.846

0.919

29
0.442

0.479

0.519

0.562

0.609

0.661

0.717

0.778

0.846

0.919

30
0.442

0.478

0.518

0.561

0.609

0.660

0.717

0.778

0 845

0.919

31
0.441

0.478

0.517

0 561

0.608

0.660

0.716

0.778

0.845

0.919

32
0.440

0.477

0.517

0.560

0.608

0.659

0.716

0.777

0.845

0.919

33
0.439

0.476

0.516

0.559

0.607

0.659

0.715

0.777

0.845

0.919

34
0.438

0.475

0.515

0.559

0.606

0.658

0.715

0.777

0.844

0.919

35
0.437

0.474

0.514

0.558

0.605

0.657

0.714

0.776

0.844

0.918

36
0.436

0.473

0.513

0.557

0.605

0.657

0.713

0.776

0.844

0.918

37
0.435

0.472

0.512

0.556

0.604

0.656

0.713

0.775

0.843

0.918

38
0.434

0.471

0.511

0.555

0.603

0.655

0.712

0.775

0.843

0.918

39
0.433

0.470

0.510

0.554

0.602

0.654

0.712

0.774

0.842

0.918

40
0.432

0.469

0.509

0.553

0.601

0.654

0.711

0.773

0.842

0.917

41
0.431

0.468

0.508

0.552

0.600

0.653

0.710

0.773

0.842

0.917

42
0.430

0.467

0.507

0.551

0.599

0.652

0.709

0.772

0.841

0.917

43
0.429

0.466

0.506

0.550

0.598

0.651

0.708

0.772

0.841

0.917

B
44
0.427

0.464

0.505

0.549

0.597

0.650

0.708

0.771

0.840

0.916

E
45
0.426

0.463

0.504

0.548

0.596

0.649

0.707

0.770

0.840

0.916

N
46
0.425

0.462

0.502

0.547

0.595

0.648

0.706

0.769

0.839

0.916

E
47
0.423

0.460

0.501

0.545

0.594

0.647

0.705

0.769

0.839

0.915

F
48
0.422

0.459

0.500

0.544

0.593

0.646

0.704

0.768

0.838

0.915

I
49
0.421

0.458

0.498

0.543

0.591

0.645

0.703

0.767

0.837

0.915

C
50
0.419

0.456

0.497

0.541

0.590

0.643

0.702

0.766

0.837

0.914

I
51
0.418

0.455

0.496

0.540

0.589

0.642

0.701

0.765

0.836

0.914

A
52
0.416

0.453

0.494

0.539

0.587

0.641

0.700

0.764

0.836

0.914

R
53
0.415

0.452

0.493

0.537

0.586

0.640

0.699

0.764

0.835

0.913

Y
54
0.413

0.451

0.491

0.536

0.585

0.639

0.698

0.763

0.834

0.913

 
55
0.412

0.449

0.490

0.534

0.583

0.637

0.697

0.762

0.834

0.913

 
56
0.411

0.448

0.488

0.533

0.582

0.636

0.695

0.761

0.833

0.912

A
57
0.409

0.446

0.487

0.532

0.581

0.635

0.694

0.760

0.832

0.912

G
58
0.408

0.445

0.425

0.530

0.579

0.633

0.693

0.759

0.831

0.911

E
59
0.406

0.443

0.484

0.529

0.578

0.632

0.692

0.758

0.831

0.911

 
60
0.405

0.442

0.483

0.527

0.577

0.631

0.691

0.757

0.830

0.911

 
61
0.404

0.441

0.481

0.526

0.575

0.630

0.690

0.756

0.829

0.910

 
62
0.403

0.439

0.480

0.525

0.574

0.628

0.689

0.755

0.829

0.910

 
63
0.401

0.438

0.479

0.523

0.573

0.627

0.687

0.754

0.828

0.909

 
64
0.400

0.437

0.477

0.522

0.571

0.626

0.686

0.753

0.827

0.909

 
65
0.399

0.436

0.476

0.521

0.670

0.625

0.685

0.752

0.826

0.909

100

--------------------------------------------------------------------------------

 
 
55

56

57

58

59

60

61

62

63

64

 
66
0.398

0.434

0.475

0.520

0.569

0.624

0.684

0.751

0.826

0.908

 
67
0.397

0.433

0.474

0.518

0.568

0.623

0.683

0.750

0.825

0.908

 
68
0.396

0.432

0.473

0.517

0.567

0.622

0.682

0.750

0.824

0.908

 
69
0.395

0.431

0.472

0.516

0.566

0.620

0.681

0.749

0.824

0.907

 
70
0.394

0.430

0.471

0.515

0.565

0.619

0.680

0.748

0.823

0.907

 
71
0.393

0.429

0.470

0.514

0.564

0.619

0.679

0.747

0.823

0.906

 
72
0.392

0.429

0.469

0.513

0.563

0.618

0.679

0.746

0.822

0.906

 
73
0.392

0.428

0.468

0.512

0.562

0.617

0.678

0.746

0.821

0.906

 
74
0.391

0.427

0.467

0.512

0.561

0.616

0.677

0.745

0.821

0.905

 
75
0.390

0.426

0.466

0.511

0.560

0.615

0.676

0.744

0.820

0.905

 
76
0.390

0.426

0.466

0.510

0.559

0 614

0.675

0.744

0.820

0.905

 
77
0.389

0.425

0.465

0.509

0.559

0.614

0.675

0.743

0.819

0.905

 
78
0.389

0.425

0.465

0.509

0.558

0.613

0.674

0.742

0.819

0.904

 
79
0.389

0.424

0.464

0.508

0 558

0.612

0.674

0.742

0.818

0.904

 
80
0.388

0.424

0.464

0.508

0.557

0.612

0.673

0.741

0.818

0.904

 
81
0.388

0.424

0.463

0.507

0.557

0.611

0.673

0.741

0.818

0.904

 
82
0.388

0.423

0.463

0.507

0.556

0.611

0.672

0.741

0.817

0.903

 
83
0.388

0.423

0.463

0.507

0.556

0 610

0.672

0.740

0.817

0.903

 
84
0 387

0.423

0.462

0.506

0.555

0.610

0.671

0.740

0.817

0.903

 
85
0.387

0.423

0.462

0.506

0.555

0.610

0.671

0.740

0.816

0.903

101

--------------------------------------------------------------------------------

II.5(f)     Social Security Level Income Option - 50% Joint and Survivor (No
Benefit After Age 65).

PARTICIPANT AGE
 
 
55

56

57

58

59

60

61

62

63

64

25
1.802

1.928

2.088

2.295

2.572

2.963

3.552

4.537

6.513

12.452

26
1.800

1.926

2.086

2.292

2.569

2.959

3.547

4.531

6.505

12.436

27
1.798

1.924

2.083

2.289

2.566

2.956

3.543

4.525

6.496

12.419

28
1.796

1.922

2.081

2.287

2.563

2.952

3.538

4.519

6.487

12.402

29
1.793

1.919

2.078

2.283

2.559

2.948

3.533

4.513

6.477

12.383

30
1.791

1.917

2.075

2.280

2.556

2.943

3.528

4.506

6.467

12.364

31
1.789

1.914

2.072

2.277

2.552

2.939

3.522

4.499

6.457

12.343

32
1.786

1.911

2.069

2.273

2.548

2.934

3.517

4.491

6.446

12.321

33
1.783

1.908

2.066

2.270

2.544

2.929

3.510

4.483

6.434

12.298

34
1.781

1.905

2.062

2.266

2.539

2.924

3.504

4.474

6.421

12.274

35
1.778

1.902

2.059

2.262

2.534

2.918

3.497

4.466

6.408

12.248

36
1.775

1.899

2.055

2.258

2.529

2.913

3.490

4.456

6.394

12.221

37
1.771

1.895

2.051

2.253

2.524

2.906

3.482

4.446

6.380

12.192

38
1.768

1.891

2.047

2.248

2.519

2.900

3.475

4.436

6.365

12.162

39
1.765

1.888

2.043

2.244

2.513

2.893

3.466

4.425

6.349

12.131

40
1.761

1.884

2.038

2.239

2.508

2.887

3.458

4.414

6.332

12.098

41
1.758

1.880

2.034

2.234

2.502

2.879

3.449

4.402

6.315

12.064

42
1.754

1.876

2.029

2.228

2.495

2.1!72

3.440

4.390

6.297

12.029

43
1.750

1.871

2.024

2.223

2.489

2.864

3.430

4.377

6.278

11.992

44
1.746

1.867

2.019

2.217

2.482

2.856

3.420

4.364

6.259

11.953

B
45
1.742

1.863

2.014

2.211

2.176

2.848

3.410

4.351

6.239

11.914

E
46
1.738

1.858

2.009

2.205

2.469

2.840

3.400

4.337

6.218

11.873

N
47
1.734

1.854

2.004

2.199

2.462

2.831

3.389

4.323

6.196

11.830

E
48
1.730

1.849

1.999

2.193

2.454

2.823

3.378

4.308

6.174

11.786

F
49
1.726

1.844

1.993

2.187

2.447

2.814

3.367

4.293

6.152

11.741

I
50
1.722

1.839

1.988

2.180

2.439

2.804

3.355

4.278

6.129

11.695

C
51
1.718

1.835

1.982

2.174

2.432

2.795

3.344

4.262

6.105

11.648

I
52
1.713

1.830

1.977

2.167

2.424

2.786

3.332

4.246

6.081

11.600

A
53
1.709

1.825

1.971

2.161

2.416

2.776

3.320

4.230

6.057

11.551

R
54
1.705

1.820

1.966

2.154

2.408

2.767

3.308

4.214

6.032

11.502

Y
55
1.701

1.815

1.960

2.148

2.401

2.757

3.295

4.197

6.007

11.452

 
56
1.697

1.810

1.954

2.141

2.393

2.748

3.283

4.180

5.982

11.401

 
57
1.693

1.806

1.949

2.135

2.385

2.738

3.271

4.164

5.957

11.350

A
58
1.689

1.801

1.943

2.128

2.377

2.728

3.259

4.147

5.931

11.299

G
59
1.685

1.797

1.938

2.122

2.370

2.719

3.247

4.131

5.906

11.247

E
60
1.681

1.792

1.933

2.116

2.362

2.710

3.235

4.114

5.881

11.196

 
61
1.677

1.788

1.928

2.110

2.355

2.700

3.223

4.098

5.856

11.146

 
62
1.674

1.784

1.923

2.104

2.347

2.691

3.211

4.082

5.832

11.096

 
63
1.670

1.780

1.918

2.098

2.340

2.683

3.200

4.066

5.807

11.046

 
64
1.667

1.776

1.913

2.092

2.334

2.674

3.188

4.051

5.784

10.997

102

--------------------------------------------------------------------------------

 
 
55

56

57

58

59

60

61

62

63

64

65
1.664

1.772

1.909

2.087

2.327

2.666

3.178

4.036

5.760

10.950

66
1.661

1.768

1.905

2.082

2.320

2.658

3.167

4.021

5.738

10.903

67
1.658

1.765

1.900

2.077

2.314

2.650

3.157

4.007

5.716

10.858

68
1.655

1.762

1.896

2.072

2.308

2.642

3.147

3.993

5.694

10.814

69
1.653

1.759

1.893

2.067

2.303

2.635

3.137

3.980

5.674

10.771

70
1.650

1.756

1.889

2.063

2.297

2.628

3.128

3.967

5.653

10.729

71
1.648

1.753

1.886

2.059

2.292

2.621

3.119

3.955

5.634

10.689

72
1.646

1.750

1.883

2.055

2.287

2.615

3.111

3.943

5.615

10.650

73
1.644

1.748

1.880

2.051

2.282

2.609

3.103

3.931

5.597

10.612

74
1.642

1.746

1.877

2.048

2.278

2.603

3.095

3.921

5.580

10.576

75
1.640

1.744

1.874

2 044

2.274

2.598

3.088

3.910

5.564

10.542

76
1.639

1.742

1.872

2.041

2.270

2.593

3.081

3.900

5.548

10.509

77
1.638

1.740

1.870

2.039

2.266

2.588

3.075

3.891

5.533

10.478

78
1.637

1.739

1.868

2 036

2.263

2.584

3.069

3.883

5.520

10.449

79
1.636

1.737

1.866

2.034

2.260

2.580

3.063

3.875

5.507

10.422

80
1.635

1.736

1.865

2.032

2.257

2.576

3.058

3.867

5.495

10.397

81
1.634

1.735

1.863

2.030

2.255

2.573

3.054

3.861

5.484

10.373

82
1.633

1.734

1.862

2.029

2.253

2.570

3.049

3.855

5.474

10.352

83
1.633

1.734

1.861

2.027

2.251

2.567

3.046

3.849

5.465

10.332

84
1.633

1.733

1.860

2.026

2.249

2.565

3.042

3.844

5.456

10.313

 
85
1.632

1.733

1.860

2.025

2.248

2.562

3.039

3.839

5.448

10.296

103

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III. Lexington Plan

Contingent annuitant factors shall be as determined by the following formulas
for affected Participants retiring at age 65.

100% Continuation
75% plus 1% for each year the contingent annuitant is older than the Lexington
Participant or minus 1% for each year the contingent annuitant is younger than
the Lexington Participant.

75% Continuation
80% plus 3/4% for each year the contingent annuitant is older than the Lexington
Participant or minus 3/4% for each year the contingent annuitant is younger than
the Lexington Participant.

50% Continuation
86% plus 1/2% for each year the contingent annuitant is older than the Lexington
Participant or minus 1/2% for each year the contingent annuitant is younger than
the Lexington Participant.

The initial factor shall be increased by .6% for each full year the Lexington
Participant is under age 65 and decreased by .6% for each full year the
Lexington Participant is over age 65. Age shall be determined as the age on the
individual’s nearest birthday.

Table Illustrating the Factors at Various Ages

Participant’s
 Age
 
Contingent
Annuitant’s
 Age
 

100%
    Continuance
 

75%
    Continuance
 
50%
Continuance
65
 
70
 
.800
 
.838
 
.885
65
 
65
 
.750
 
.800
 
.860
65
 
60
 
.700
 
.763
 
.835
65
 
55
 
.650
 
.725
 
.810
62
 
64
 
.788
 
.833
 
.888
62
 
60
 
.748
 
.803
 
.868
60
 
62
 
.800
 
.845
 
.900
55
 
53
 
.790
 
.845
 
.910

_________________

104

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Ten Year Guaranteed Period Factors
Age    Factor
65    .910
64    .917
63    .924
62    .931
61    .938
60    .945
59    .952
58    .959
57    .966
56    .973
55    .980

IV. ReliaStar Plan

Actuarial Equivalence shall be determined through the consistent application of
the UP 1984
Mortality Table with a two-year set back or any successor table thereto. The
interest rate assumption for a Plan Year shall be the interest rate assumptions
which are used by the Pension Benefit Guaranty Corporation immediate annuity
factors or deferred annuity factors (whichever is applicable) as in effect on
the first day of said Plan Year.

V. Security-Connecticut Plan

For purposes of converting the single life annuity to an optional form of
payment, Actuarial Equivalence shall be determined using an interest rate of
7.5% and the 1971 Group Annuity Table for males with no age adjustment for the
Participant but with six-year set back for the Spouse, Domestic Partner or
Beneficiary.

VI. USLICO Plan

For purposes of converting the single life annuity to an optional form of
payment, Actuarial Equivalence shall be determined using an interest rate of 7%,
and the 1971 Group Annuity Table for males.

VII. Special Rules For Level Income Option Or Social Security Bridge

For purposes of converting a single life annuity to a level income or Social
Security bridge optional form of benefit, the term “Actuarial Equivalent” means
a benefit that is equal to the greater of (A) the benefit determined using the
assumptions described in this Appendix for the applicable Prior Plan, or (B) the
benefit determined using the Applicable Interest Rate and the Applicable
Mortality Table for the Plan Year that includes the Benefit Commencement Date.

105

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APPENDIX 2.4
LIST OF PARTICIPATING EMPLOYERS
AS OF JANUARY 1, 2018

Pursuant to resolutions of the Board adopted in December 2003, this Appendix may
be changed from time to time by action of the PAC without the need for a Plan
amendment.

PARTICIPATING EMPLOYERS

Voya Retirement Insurance and Annuity Company
Voya Institutional Plan Services, LLC
Voya Insurance and Annuity Company
Voya Investment Management LLC
Voya Services Company
ReliaStar Life Insurance Company
Voya Institutional Trust Company
ReliaStar Life Insurance Company of New York
Security Life of Denver Insurance Company
Voya Financial Advisors, Inc.

106

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APPENDIX 3.1(a)
PRIOR PLAN NORMAL RETIREMENT DATE

I.    Application. This Appendix describes the Normal Retirement Date that will
apply in lieu of the Normal Retirement Date in Section 3.1(a) of the main text
of the Plan to the extent more favorable to the Participant.

II. USLICO Plan. For a Participant whose Prior Plan was the USLICO Plan, the
Normal Retirement Date is the first day of the month in which the Participant
reaches Normal Retirement Age.

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APPENDIX 3.1(b)(ii)
PRIOR PLAN BENEFIT

I. Application. This Appendix describes the Prior Plan Benefit.

II.     AFS Plan. The Prior Plan Benefit for each Participant whose Prior Plan
is the AFS Plan is the monthly single life annuity Actuarial Equivalent of such
Participant’s Account determined as of December 31, 2001, as adjusted for
Interest Credits from December 31, 2001 to his or her Normal Retirement Date;
provided, however, that the Interest Credits for any Plan Year for the “cash
balance account” determined under Article 4 of the AFS Plan, without regard to
Articles 5 and 6 of the AFS Plan, shall not be less than 5.00%.

III.     EIC Plan, LOG Plan or SLD Plan. The Prior Plan Benefit for each
Participant whose Prior Plan is the LOG Plan, the SLD Plan, or the EIC Plan is
the benefit accrued under such plan as of December 31, 2001 adjusted, if
applicable, in accordance with this paragraph. For each Participant who was an
Employee on December 31, 2001 and who remains continuously employed as an
Employee after that date, the final average compensation portion of the benefit
accrued as of December 31, 2001 will be multiplied by the ratio (not less than
one) of the Participant’s Final Average Compensation as of his or her
Termination Date (determined in accordance with Section 1.87) over his or her
“final average compensation” under the applicable Prior Plan as of December 31,
2001. If a Participant described in the preceding sentence has a Termination
Date after December 31, 2001 and thereafter resumes employment as an Employee,
the indexing described in the preceding sentence shall not apply to any period
of Employment following such Termination Date. The Account Balance portion of
the Prior Plan Benefit will be adjusted for Interest Credits to his or her
Normal Retirement Date. Notwithstanding the foregoing, for each Participant who
earned years of benefit service under the EIC Plan, the LOG Plan, or the SLD
Plan after December 31, 1999, his or her “pre-2000 accrued benefit” (as defined
in the applicable Prior Plan) will be multiplied by the ratio of the
Participant’s Final Average Compensation as of his or her Termination Date over
his or her Final Average Compensation as of December 31, 1999, which ratio will
not be less than one; provided, however, that if such a Participant has a
Termination Date after December 31, 1999 and thereafter resumes employment as an
Employee, the indexing described in this sentence shall not apply to any period
of Employment following such Termination Date.

IV. Financial Services Plan. The Prior Plan Benefit for each Participant who (i)
was an employee of ING Financial Services LLC and a participant in the ING US
Financial Services Corporation Retirement Plan (“Financial Services Plan”) on
December 31, 2003, (ii) who became an employee of ING Investment Management, LLC
on January 1, 2004, and (iii) remains continuously employed as an Employee after
that date, is equal to the benefit accrued for such Participant under the
Financial Services Plan as of December 31, 2003 (the “Financial Services Plan
Benefit”) adjusted in accordance with this paragraph as of such Participant’s
Termination Date and reduced by the Financial Services Plan Benefit. For a
Participant who remains continuously employed as an Employee after December 31,
2003, the Financial Services Plan Benefit will be multiplied by the ratio (not
less than one) of the Participant’s Final Average Compensation as of his or her
Termination Date over the Participant’s Final Average

108

--------------------------------------------------------------------------------

Compensation as of December 31, 2003. Both the numerator and the denominator of
the ratio will apply the definition of Compensation and Final Average
Compensation from this Plan. For clarification, the adjustment described in the
preceding sentence is the only Prior Plan Benefit payable under this Plan and
the Financial Services Plan Benefit is payable only from the Financial Services
Plan. If a Participant described in the first sentence of this section has a
Termination Date after December 31, 2003 and thereafter resumes employment as an
Employee, the indexing described in the second and third sentences of this
section shall not apply to any period of Employment following such Termination
Date.

V. Lexington Plan. The Prior Plan Benefit for each Participant whose Prior Plan
is the Lexington Plan is the frozen benefit accrued by that Participant under
the Lexington Plan prior to December 31, 2001.

VI. ReliaStar Plan. The Prior Plan Benefit for each Participant whose Prior Plan
is the ReliaStar Plan is the frozen benefit accrued by that Participant under
the ReliaStar Plan prior to December 31, 2001.

A ReliaStar Participant who formerly participated in the USLICO Plan is eligible
for a Social Security bridge benefit if benefits under the pre-1991 USLICO Plan
formula for service and compensation through December 31, 1995 is better than
the Participant’s benefits under the USLICO Plan 1991 formula.

The bridge benefit is equal to the amount of the Social Security reduction that
normally applies to benefits under the pre-1991 formula. The Social Security
reduction will begin (and the bridge benefit will end) when the Participant
reaches age 62.

A ReliaStar Participant who formerly participated in the Security-Connecticut
Plan and who terminates employment after age 55 but before age 62 and who
immediately commences benefits is eligible for a Social Security bridge benefit
on benefits earned under the Security-Connecticut Plan as of December 31, 1997.
The bridge benefit is payable until the beginning of the month in which the
Participant dies or reaches age 62, whichever occurs first.

VII.     Hypothetical Prior Plan Benefit for Eligible Employees Hired Between
January 1, 2000 and December 31, 2001. Each Eligible Employee who (1) was hired
as an employee of an employer participating in a Prior Plan on or after January
1, 2000 and before January 1, 2002, and (2) would have become a participant in a
Prior Plan in 2002, shall be deemed to have a Prior Plan Benefit equal to the
benefit, if any, he or she would have earned under such Prior Plan for his or
her period of employment in 2000 and 2001.

VIII. Portion of Accrued Benefit Derived from Prior Plan Account Balance.

(A)
General. A nominal Account and Account Balance will be maintained for each
Participant who had a “cash balance account” under a Prior Plan and will have
the following allocations made to such Account.

109

--------------------------------------------------------------------------------

(B)
Interest Credits. For Plan Years beginning prior to January 1, 2012, an Interest
Credit will be allocated to each active and inactive Participant’s Account as of
the last day of each Plan Year, calculated by multiplying his or her Account
Balance as of the first day of that Plan Year by the Interest Credit Percentage
for that Plan Year. For the Participant whose Benefit Commencement Date occurs
other than on the last day of a Plan Year, the Plan will allocate an Interest
Credit for such Plan Year based on the Interest Credit Percentage in effect for
the Plan Year, multiplied by the ratio of whole months expired in the year
before the Benefit Commencement Date, over 12. Starting January 1, 2012,
Interest Credits will be allocated to each active and inactive Participant’s
Account on a monthly basis in accordance with Section 3.9(c).

(C)
Termination of Allocations. No Participant will receive an allocation of
employer credits to a Prior Plan Account after December 31, 2001. Each Vested
terminated Participant will receive allocations of Interest Credits until his or
her Benefit Commencement Date in accordance with Section 3.9(c). The non-Vested
Participant will continue to receive allocations of Interest Credits until he or
she incurs a Termination Date, at which time the Account will be forfeited. The
forfeited Account shall be restored (with Interest Credits) if the Participant
is reemployed with a Controlled Group Member before a Five-Year Break, or after
December 31, 2011. No Participant will receive any allocation of Interest
Credits after his or her Benefit Commencement Date.

(D)
Accrued Benefit Attributable to Account Balance. A Participant’s Cash Balance
Pension Formula Accrued Benefit, including the portion thereof attributable to a
Prior Plan Account Balance, shall be determined in accordance with Section
3.1(c).

110

--------------------------------------------------------------------------------

APPENDIX 3.1(e)
AFS MINIMUM BENEFIT

I. Application. This Appendix applies to each AFS Transition Participant and
each Aeltus Participant.

II. Aeltus. Each Aeltus Participant who is an AFS Specified Transition
Participant will be eligible for an AFS Minimum Benefit but that benefit will be
the same AFS Minimum Benefit payable to an AFS Non-Specified Participant. The
remainder of the AFS Minimum Benefit shall be paid from the Financial Services
Plan.

III. AFS Transition Benefit. The AFS Transition Benefit means (A) minus (B),
where:

A = The Present Value of the Gross Benefit; and

B = The Present Value of the Offset.

The AFS Transition Benefit can never be less than 50% of the Present Value of
the Gross Benefit. In the case that the AFS Transition Benefit is less than 50%
of the Present Value of the Gross Benefit, 50% of the Present Value of the Gross
Benefit will be substituted for the AFS Transition Benefit.

IV. Credited Service. Credited Service is the sum of (A) and (B), where:

A = The period or periods of the AFS Transition Participant’s employment
considered in the determination of benefit accrual under the AFS Plan through
December 31, 2001, as determined under the AFS Plan Document; and

B = For an AFS Specified Transition Participant (other than an Aeltus
Participant), his or her Benefit Service earned in the 2002 through 2006 Plan
Years while the AFS Transition Participant is considered an AFS Transition
Participant. For an AFS Non-Specified Transition Participant or Aeltus
Participant, no Benefit Service after December 31, 2001 will be recognized.

V. Determination Age. The AFS Transition Participant’s Determination Age is the
AFS Transition Participant’s age at his or her Determination Date in whole years
and completed months.

VI. Determination Date. The Determination Date is either the AFS Transition
Participant’s Termination Date or Benefit Commencement Date, depending on the
context.

VII. Gross Benefit.

A.    The Gross Benefit means the product of (1), (2), and (3), where:

111

--------------------------------------------------------------------------------

1 =
1.5% of the AFS Transition Participant’s Final Average Compensation calculated
as of the earlier of December 31, 2006 or the AFS Transition Participant’s
Termination Date ending his or her status as an AFS Transition Participant;

2 =
The AFS Transition Participant’s Credited Service (limited to a maximum of 35
years); and

3 =
100% minus the Early Retirement Reduction Factor from Table 2 at the
commencement age from Table 1.

B.
The commencement age assumed for the Gross Benefit is determined based on the
Participant’s Determination Age and Vesting Service from Table 1 below.

TABLE 1

Determination Age
Vesting Service at Termination
Gross Benefit Commencement Age
Less than Age 50
Less than
15 years
Age 65
Less than Age 50
At least
15 years
Age 50
At least Age 50 and Less
than Age 65
Less than
15 years
Age 65
At least Age 50 and less
than Age 65
At least
15 years
Determination Age
At least Age 65
Any
Determination Age

112

--------------------------------------------------------------------------------

Table 2
Early Retirement Reduction Factor
Commencement
Age*
Percent
Reduction
50
44.0%
51
40.0%
52
36.0%
53
32.0%
54
28.0%
55
24.0%
56
20.0%
57
16.0%
58
12.0%
59
8.0%
60
4.0%
61
2.0%
62
0.0%
63
0.0%
64
0.0%
65
0.0%

*In determining the Participant’s commencement age, completed years and months
are used. Interpolation may be required.

VIII. Offset.

A. The Offset means the product of (1) and (2), where:

1 =
1.5% of the Participant’s PIA calculated as of the earlier of December 31, 2006
or the AFS Transition Participant’s Termination Date ending his status as an AFS
Transition Participant; and

2 =
The Participant’s Credited Service (limited to a maximum of 33.3333 years).

113

--------------------------------------------------------------------------------

B. The commencement age assumed for calculating the PIA as well as the Present
Value of the Offset is determined based on the AFS Transition Participant’s
Determination Age and Vesting Service. This determination is summarized in the
following table:
TABLE 3
Determination Age
Vesting Service at Termination Date

Offset
Commencement Age
Less than Age 62
Less than 15 years
Age 65
Less than Age 62
At least 15 years
Age 62
At least Age 62 and
less than Age 65
Less than 15 years
Age 65
At least Age 62 and
less than Age 65
At least 15 years
Determination Age
At least Age 65
Any
Determination Age

IX. PIA. PIA means the Primary Insurance Amount which is or may be payable to
the Participant at the commencement age determined in Table 3 under the
provisions of the Federal Social Security Act (as it is in effect on the
Determination Date), based on the assumption that the Participant’s earnings
before his or her employment with AFS and his or her earnings after the earlier
of December 31, 2006 or the AFS Transition Participant’s Termination Date ending
his or her status as an AFS Transition Participant are zero.

X. Present Value or Present Value of Gross Benefit or Present Value of Offset.
Present Value is determined as of the applicable Determination Age using the
following actuarial assumptions:

A.
The Applicable Interest Rate and Applicable Mortality Table for the Plan Year
that includes the Determination Date.

B.
The cost-of-living adjustment rate (COLA Rate) as of the Determination Date,
which is determined by the following steps:

1.
Determine the cost-of-living adjustment rate (defined in Appendix 3.7) for the
Plan Year in which the Determination Date occurs. It should be rounded to the
nearest tenth of 1% and capped at 3%.

2.
Repeat (1) for each of the four Plan Years immediately preceding the
Determination Date.

3.
Compute the average of the five cost-of-living adjustment rates. It should be
rounded to the nearest hundredth of 1%. The result is the COLA Rate.

114

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XI. Transition Cash Balance Account (TCBA). The TCBA is a historical account
established as of December 31, 2001 that receives Interest Credits.

XII. AFS Minimum Benefit.

A.
Calculate Lump-Sum Amount at Termination Date. At the AFS Transition
Participant’s Termination Date, the greatest of (1), (2) and (3), below (called
the “AFS Present-Value Measuring Amount”), shall be used as the measuring amount
to first be expressed as a single life annuity at the Participant’s Normal
Retirement Date (or Determination Date if after the Normal Retirement Date)
pursuant to B, below, and then compared against the amount determined under
Section 3.1(e)(i)(A):

1 =
The AFS Transition Participant’s Prior Plan Account Balance with Interest
Credits through Termination Date;

2 =
The AFS Transition Participant’s TCBA with Interest Credits through Termination
Date; and

3 =
The AFS Transition Participant’s AFS Transition Benefit at Termination Date.

B.
Compare as a Single Life Annuity Benefit at Normal Retirement Date (or After).
To express the AFS Present-Value Measuring Amount under (A) as a single life
annuity benefit (called an “AFS Minimum Benefit Comparison Annuity”) at the
Participant’s Normal Retirement Date for a Participant who has not yet reached
his or her Normal Retirement Date, the AFS Present-Value Measuring Amount under
(A) will be projected to the Participant’s Normal Retirement Date with assumed
future interest at the Interest Credit Percentage in effect as of the
Determination Date, and such balance will be converted into a single life
annuity starting at the Participant’s Normal Retirement Date using the
Applicable Interest Rate and Applicable Mortality Table in effect under the Plan
as of the Determination Date. To express the AFS Present-Value Measuring Amount
determined under (A) as an AFS Minimum Benefit Comparison Annuity as of a
Determination Date that is at or after a Participant’s Normal Retirement Date
for a Participant who has reached his or her Normal Retirement Date, the AFS
Present-Value Measuring Amount determined under (A) will be converted into a
single life annuity starting at as of such Determination Date using the
Applicable Interest Rate and Applicable Mortality Table in effect under the Plan
as of the Determination Date.

C.
At Benefit Commencement Date. If the AFS Minimum Benefit Comparison Annuity
derived under (B) above exceeds the amount determined under Section 3.1(e)(i),
then, in lieu of a retirement benefit attributable to the Final Average Pay
Pension Formula described in Section 3.1(b) and that portion of his or her Cash

115

--------------------------------------------------------------------------------

Balance Pension Formula Accrued Benefit described in Section 3.1(c) attributable
to his or her Prior Plan Account Balance, the AFS Transition Participant shall
be entitled to a retirement benefit based on his or her AFS Minimum Benefit
which is the greater of (1) or (2) as of the Benefit Commencement Date, where:

1 =
The Participant’s AFS Present-Value Measuring Amount as of his or her
Termination Date under (A), credited with interest through his or her Benefit
Commencement Date at an annual rate equal to the Interest Credit Percentage; or

2 =
The Participant’s AFS Transition Benefit at his or her Benefit Commencement
Date.

(For clarity, the Participant also may be entitled to a retirement benefit based
on his or her Cash Balance Pension Formula Accrued Benefit described in Section
3.1(c), calculated by disregarding the portion thereof attributable to his or
her Prior Plan Account Balance.)

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APPENDIX 3.3(a)
PRIOR PLAN EARLIEST RETIREMENT DATES

The Earliest Retirement Date described below will apply in lieu of the Earliest
Retirement Date in Section 1.35 and Section 3.3(a) of the main text of the Plan
to the extent more favorable to the Participant for his or her Prior Plan
Benefit or AFS Minimum Benefit:

I.
AFS Plan. The Earliest Retirement Date for an AFS Transition Participant for his
or her Prior Plan Benefit or AFS Minimum Benefit is the first day of the month
coincident with or next following the date the Employee reaches age 50 with 15
years of Vesting Service.

II.
LOG Plan – Former Southland Life Participants. The Earliest Retirement Date for
a LOG Participant who was a participant in the Southland Plan for the portion of
his or her Prior Plan Benefit attributable to the Southland Plan is the first
day of the month following age 55.

III.
ReliaStar Plan. The Earliest Retirement Date for a Participant for the portion
of his or her Prior Plan Benefit attributable to the ReliaStar Plan is (a) the
first day of the month coincident with or next following attainment of age 55
with at least ten years of Vesting Service, or (b) for a Participant hired prior
to December 31, 1993, the first day of the month coincident with or next
following (i) age 60 with no service requirement, or (ii) age 55 with ten years
of Vesting Service.

For a Participant who also participated in the USLICO Plan, the Earliest
Retirement Date for the portion of his or her Prior Plan Benefit attributable to
the USLICO Plan is the first day of the month following the attainment of age
55.

IV.
Lexington Plan. The Earliest Retirement Date for a Participant who also
participated in the Lexington Plan for the portion of his or her Prior Plan
Benefit attributable to the Lexington Plan is the first of the month coincident
with or next following attainment of at least age 55.

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APPENDIX 3.3(b)(ii)
EARLY COMMENCEMENT REDUCTION FACTORS
FOR PRIOR PLAN BENEFITS OTHER THAN THE AFS MINIMUM BENEFIT

I.
Application. This Appendix provides early commencement reduction factors
applicable to Prior Plan Benefits other than the AFS Minimum Benefit. See
Appendix 3.1(e) for the AFS Minimum Benefit.

II.
EIC Plan. The following table applies to EIC Participants who terminated
employment prior to January 1, 2000. Benefits accrued on or after January 1,
2000 will be reduced using the reduction factors in the main text of the Plan.
Benefits will be reduced based on the date of termination and the benefit
service earned at termination under the EIC Plan:

Age
Reduction if less than 25 years
of benefit service and Retired prior to 1994
Reduction if less than 25 years of benefit service and Retired after 1993
Reduction if more than 25 years of benefit service
55
66.666667%
50.0%
35.0%
56
60.0%
45.0%
30.0%
57
53.333333%
40.0%
25.0%
58
46.666667%
35.0%
20.0%
59
40.0%
30.0%
15.0%
60
33.333333%
25.0%
10.0%
61
26.666667%
20.0%
5.0%
62
20.0%
15.0%
0.0%
63
13.333333%
10.0%
0.0%
64
6.666667%
5.0%
0.0%
65
0.0%
0.0%
0.0%

For Vested EIC Participants who terminated employment prior to July 1, 1988, the
25 years of benefit service requirement found in the above table is replaced
with 20 years of vesting service, each as determined under the EIC Plan.

III.
Lexington Plan. A Lexington Participant eligible to begin receiving a benefit
before Normal Retirement Date will have his or her benefit attributable to the
Lexington Plan reduced by the following factors based on his or her age at
Benefit Commencement Date. Interpolation will be used for partial months.

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Age
Reduction Percentage
55
0.500
56
0.467
57
0.434
58
0.400
59
0.367
60
0.333
61
0.267
62
0.200
63
0.134
64
0.067
65
0.000

IV.
LOG Plan. Participants in the LOG Plan who terminated prior to January 1, 2000
and who were not eligible for the LOG Field Force Plan, or for Participants in
the LOG Field Force Plan who terminated prior to January 1, 1997 were entitled
to the following early commencement reductions:

A.
Pre-1994. The benefit accrued prior to 1994 is reduced by 0.416667 percent
(5/12%) per month, for each month that precedes age 65.

B.
Post-1993. Benefits accrued after 1993 and before 2000 are reduced as follows:
If the benefit commences on or after age 62, it is unreduced. If the benefit
commences prior to age 62, it will be reduced by 0.558333 percent per month for
each month preceding age 62 up to a maximum of 24 months. The benefit will be
further reduced by 0.416667 percent per month for each month that the Benefit
Commencement Date precedes age 60, up to a maximum of 60 months.

C.
The Netherlands Insurance Company Plan. Participants in the LOG Plan who also
participated in the TNIC Plan will have their benefits reduced as follows: If
the benefit commences on or after age 62, it is unreduced. If the benefit
commences prior to age 62, it will be reduced by 0.558333 percent per month for
each month preceding age 62 up to a maximum of 24 months. The benefit will be
further reduced by 0.416667 percent per month for each month that the Benefit
Commencement Date precedes age 60, up to a maximum of 60 months.

D.
Southland Life Plan. A Participant who also participated in the Southland Plan
whose Benefit Commencement Date is before age 62 will have his or her Prior Plan
Benefit attributable to the Southland Plan reduced by 5% per year for years
between age 55 and 62. If the Participant’s Benefit Commencement Date is on or
after age 62, the benefit is unreduced.

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V.
SLD Plan. Participants in the SLD Plan who terminated prior to January 1, 2000
were entitled to early retirement benefits under a Pre-1989 and Post-1988
formula. The reduction schedules for these benefits are as follows:

A.
Post-1988. Participants commencing early retirement benefits on or after age 62
are entitled to an unreduced retirement benefit for the portion of their benefit
attributable to the SLD Plan earned after 1988. If the Benefit attributable to
the SLD Plan commences prior to age 62, it will be reduced by 0.558333 percent
per month for each month preceding age 62 to a maximum of 24 months. The benefit
will be further reduced by 0.416667 percent per month for each month that the
Participant’s Benefit Commencement Date precedes age 60, up to a maximum of 60
months.

B.
Pre-1989. The portion of the SLD Plan Benefit earned before 1989 is reduced for
early commencement by .5% per month (6% per year) from 61 - 65 and .3% per month
(3.6% per year) from 55-60.

VI.
ReliaStar Plan. The portion of the benefit attributable to the ReliaStar Plan
will be reduced by the following percentages for Early Retirement based on age
and Vesting Service at Benefit Commencement Date. Interpolation will be used for
partial years.

Age at BCD
Years of Vesting Service at BCD
 
10
11
12
13
14
15+
55
21%
21%
21%
21%
21%
21%
56
18%
18%
18%
18%
18%
18%
57
15%
15%
15%
15%
15%
15%
58
15%
12%
12%
12%
12%
12%
59
15%
12%
9%
9%
9%
9%
60
15%
12%
9%
6%
6%
6%
61
12%
12%
9%
6%
3%
3%
62
9%
9%
9%
6%
3%
0%
63
6%
6%
6%
6%
3%
0%
64
3%
3%
3%
3%
3%
0%
65
0%
0%
0%
0%
0%
0%

A Participant who is eligible for a Vested Termination Benefit, but not an Early
Retirement Benefit, and who chooses to begin receiving his or her benefit
attributable to the ReliaStar Plan before his or her Normal Retirement Date will
have his or her benefit attributable to the ReliaStar Plan reduced by the
following percentages based on his or her age at the Benefit Commencement Date:

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Age at Benefit Commencement Date

Reduction Percentage
55
55%
56
52%
57
48%
58
44%
59
39%
60
35%
61
30%
62
23%
63
16%
64
9%
65
0%

A.
Security-Connecticut Plan. A Participant who also participated in the Security-
Connecticut Plan and who is eligible to begin receiving a benefit before Normal
Retirement Date will have his or her benefit attributable to the Security-
Connecticut Plan reduced by the following percentages based on age and years of
Vesting Service at the Benefit Commencement Date. Interpolation will be used for
partial years.

Age
at Benefit Commencement Date
Years of Vesting Service at Benefit
Commencement Date
Less than 20
20-24
25+
55
65%
50%
37%
56
60%
46%
31%
57
55%
42%
25%
58
50%
38%
20%
59
45%
34%
15%
60
40%
30%
10%
61
33%
26%
5%
62
25%
21%
0%
63
17%
15%
0%
64
9%
8%
0%
65
0%
0%
0%

B.
USLICO Plan. A Participant who also participated in the USLICO Plan and who is
eligible to begin receiving a benefit before Normal Retirement Date will have
his or her benefit attributable to the USLICO Plan reduced by the following
percentages based on the period during which the benefit was accrued. The Pre-
1991 Factors will be applied to the portion of the benefit accrued under the
USLICO Plan before 1991 and the Post-1990 Factors will be applied to the

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portion of the benefit accrued under the USLICO Plan after 1990. Interpolation
will be used for partial years.

Age
Accrued Benefit Period
 
Pre-1991 Factors
Post-1990 Factors
55
30%
50%
56
27%
43%
57
24%
36%
58
21%
29%
59
18%
22%
60
15%
15%
61
12%
7.5%
62
9%
0%
63
6%
0%
64
3%
0%
65
0%
0%

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APPENDIX 3.4(a)
PRIOR PLAN VESTING SCHEDULES

I.
Application. This Appendix describes any special vesting rules applicable to
Participants who also participated in a Prior Plan. A Participant who terminated
employment under a Prior Plan will be Vested in accordance with the schedule
described in the Prior Plan at the time of his or her termination of employment
except as provided below.

II.
ING Financial Services Corporation Plan. Each Participant who was an employee of
ING Financial Services LLC and who was a participant in the ING US Financial
Services Corporation Retirement Plan on December 31, 2003 and who became an
employee of ING Investment Management LLC on January 1, 2004 shall be fully
vested.

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APPENDIX 3.7
COST-OF-LIVING ADJUSTMENTS

I. Application. This Appendix 3.7 describes the cost-of-living adjustments for
certain benefits as described in this Appendix. Nothing in this Appendix is
intended to provide a cost-of-living adjustment that would not have been
provided under the applicable Prior Plan.

II. Definitions.

A. Adjusted Benefit. The Adjusted Benefit equals the benefit payable to the
Participant or Beneficiary that reflects cost-of-living adjustments. The
Adjusted Benefit may not be less than the Initial Benefit.

B. Adjustment Rate. An amount equal to the percent change in the Consumer Price
Index, which is calculated using an applicable table and applicable month.

C. Initial Benefit. The Initial Benefit is the benefit payable in the optional
form of annuity elected by the Participant or Beneficiary that is payable on the
Benefit Commencement Date.

III. AFS Transition Participants.

A. Applicable Benefit.

1.
The Participant is entitled to receive cost-of-living adjustments on the portion
of his or her benefit attributable to his or her AFS Minimum Benefit to the
extent provided under the AFS Plan as in effect immediately before the Merger.

2.
The Participant must elect to receive his or her entire AFS Minimum Benefit
(including the benefit attributable to his or her Account Balance) as an annuity
with cost-of-living adjustments.

B. Methodology.

1.
The applicable table is the Bureau of Labor Statistics Consumer Price Index,
U.S. City Average for Urban Wage Earners and Clerical Workers, published by the
United States Department of Labor.

2.
The applicable month is the September which immediately precedes the Plan Year.

3.
The Adjustment Rate is calculated by dividing the value of the Consumer Price
Index under the applicable table in the applicable month for the

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current Plan Year by the value of the Consumer Price Index under the same table
12 months earlier.

4.
The Adjustment Rate shall be rounded to the nearest tenth of one percent.

5.
The Adjustment Rate shall not exceed 3.0%.

C. First cost-of-living adjustment.

1.
Timing. The first cost-of-living adjustment will occur on January 1 following
the Benefit Commencement Date.

2.
Amount. The Adjusted Benefit is equal to the product of (a) and (b) below,
where:

a) =
The Initial Benefit; and

b) =
One plus the Adjustment Rate.

D. Subsequent cost-of-living adjustments.

1.
Each January 1, the Adjusted Benefit will be adjusted as described in (C)(2)
above, except that the Adjusted Benefit will replace the Initial Benefit in
(C)(2)(a).

2.
If a cost-of-living adjustment would decrease the Adjusted Benefit below the
Initial Benefit, the full value of what otherwise would have been a negative
adjustment will be taken into account in determining any subsequent increases.

E. Treatment of bridge benefit. If the Participant selected an optional form
with a Social Security bridge benefit:

1.
While the bridge benefit is payable,

a)
The Participant’s Initial Benefit is equal to his or her total benefit, which
includes any bridge benefit.

b)
The Participant’s Adjusted Benefit is calculated using the Initial Benefit
described in (a) above.

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2.    Once the bridge benefit is no longer payable,

a)
The Participant’s Initial Benefit does not include any bridge benefit for
purposes of determining whether the Adjusted Benefit is less than the Initial
Benefit.

b)
The Participant’s Adjusted Benefit for the first cost of living adjustment after
the bridge benefit is no longer payable is reduced by the amount of any bridge
benefit included in the Initial Benefit.

IV. EIC Plan Participants.

A. Applicable Benefit.

1.
The Participant is entitled to receive cost-of-living adjustments on the portion
of his or her Benefit attributable to his or her Indexed Pre-2000 Accrued
Benefit as indexed to December 31, 2001 to the extent provided under the EIC
Plan as in effect prior to January 1, 2002.

2.
No adjustment is made to the portion of the Accrued Benefit that is attributable
to any employee contributions made to the Plan before 1991.

3.
The Participant must elect to receive his or her entire Accrued Benefit (other
than the benefit attributable to his or her Account Balance) as an annuity.

B. Methodology.

1.
The applicable table is the Bureau of Labor Statistics Consumer Price Index,
U.S. City Average for All Urban Consumers, published by the United States
Department of Labor.

2.
The applicable month is the August which immediately precedes the Plan Year.

3.
The Adjustment Rate is calculated by dividing the value of the Consumer Price
Index under the applicable table in the applicable month for the current Plan
Year by the value of the Consumer Price Index under the same table 12 months
earlier.

4.
The Adjustment Rate shall be rounded to the nearest tenth of 1%.

5.
The Adjustment Rate shall not exceed 3.0%.

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C. First cost-of-living adjustment.

1.
Timing. The first cost-of-living adjustment will occur on January 1 following
the Benefit Commencement Date.

2.
Amount. The Adjusted Benefit is equal to the product of (a) and (b) below,
where:

a) =
The Initial Benefit; and

b) =
One plus the value of (i) multiplied by (ii) divided by (iii) below, where:

(i) =
The Adjustment Rate calculated in (B) above;

(ii)
The number of months for which the Participant received payment in the previous
Plan Year; and

(iii) =
12.

D. Subsequent cost-of-living adjustments.

1.
Each January 1, the Adjusted Benefit will be adjusted as described in (C)(2)
above, except that the Adjusted Benefit will replace the Initial Benefit in
(C)(2)(a).

2.
If a cost-of-living adjustment would decrease the Adjusted Benefit below the
Initial Benefit, the full value of what otherwise would have been a negative
adjustment will be taken into account in determining any subsequent increases.

E. Treatment of Bridge Benefit. If the Participant selected an optional form of
benefit with a Social Security bridge benefit:

1.
While the bridge benefit is payable,

a)
The Participant’s Initial Benefit is equal to his or her total benefit, which
includes any bridge benefit; and

b)
The Participant’s Adjusted Benefit is calculated using the Initial Benefit
described in (a) above.

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2.
Once the bridge benefit is no longer payable,

a)
The Participant’s Initial Benefit does not include any bridge benefit for
purposes of determining whether the Adjusted Benefit is less than the Initial
Benefit; and

b)
The Participant’s Adjusted Benefit for the first cost-of-living adjustment after
the bridge benefit is no longer payable is equal to his or her Adjusted Benefit
minus the amount of the bridge benefit and any cost-of-living adjustments that
have been made to the bridge benefit.

V. USLICO Plan Participants.

A. Applicable Benefit.

1.
The Participant is entitled to receive cost-of-living adjustments on the portion
of his or her benefit attributable to his or her frozen benefit attributable to
USLICO service prior to 1996 to the extent provided under the USLICO Plan as in
effect immediately before the Merger.

2.
The Participant must elect to receive his or her entire benefit attributable to
USLICO as an annuity.

B. Calculation.

1.
The applicable table is the Bureau of Labor Statistics Consumer Price Index, for
Urban Wage Earners and Clerical Workers for the U.S. as a whole (1967 base =
100), published by the United States Department of Labor.

2.
The applicable month is the October which immediately precedes the Plan Year.

3.
The Adjustment Rate is calculated by dividing the value of the Consumer Price
Index under the applicable table in the applicable month for the current Plan
Year by the value of the Consumer Price Index under the same table in the
applicable month one year prior to the Plan Year in which the first adjustment
occurred.

4.
The Adjustment Rate shall not be rounded.

5.
The Adjustment Rate shall not exceed 3.0% compounded annually for the same
period of time reflected in the determination of the Adjustment Rate.

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C. First cost-of-living adjustment.

1.
Timing. The first cost-of-living adjustment will occur on January 1 following
one completed Plan Year after the Benefit Commencement Date.

2.
Amount. The Adjusted Benefit is equal to the product of (a) and (b) below,
where:

a) =
The Initial Benefit; and

b) =
One plus the Adjustment Rate calculated in (B) above.

D. Subsequent cost-of-living adjustments.

1.
Each January 1, the Adjusted Benefit will be determined as described in (C)(2)
above.

2.
If a cost-of-living adjustment would decrease the Adjusted Benefit below the
Initial Benefit, the full value of what otherwise would have been a negative
adjustment will be taken into account in determining any subsequent increases.

E. Treatment of Bridge Benefit. If the Participant selected an optional form
with a Social Security bridge benefit:

1.
While the bridge benefit is payable,

a)
The Participant’s Initial Benefit is equal to his or her total Benefit, which
includes any bridge benefit; and

b)
The Participant’s Adjusted Benefit is calculated using the Initial Benefit
described in (a) above.

2.    Once the bridge benefit is no longer payable,

a)
The Participant’s Initial Benefit does not include any bridge benefit for the
purposes of determining whether the Adjusted Benefit is less than the Initial
Benefit; and

b)
The Participant’s Adjusted Benefit for the first cost-of-living adjustment after
the bridge benefit is no longer payable is reduced by the amount of any bridge
benefit and any cost-of-living adjustments that have been made to the bridge
benefit.

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VI. Beneficiary Entitlement. If the Participant elects an optional form of
annuity that includes a survivorship option, then the Beneficiary will be
entitled to the cost-of-living adjustments described in this Appendix.

VII. Reference Information. The following table summarizes the applicable table
from the Bureau of Labor Statistics, month, and maximum for each of the Prior
Plans with cost-of- living adjustments.

Prior Plan
Table Number
Month
Maximum
AFS Plan
CWUR0000SA0
September of the
immediately preceding Plan Year
3% applied annually
EIC Plan
CUUR0000AA0
August of the
immediately preceding Plan Year
3% applied annually
USLICO Plan
CWUR0000AA0
October of the
immediately preceding Plan Year
3% compounded
annually from January 1 preceding the first adjustment date

VIII. Change in Reference Information for Determining Cost-of-Living
Adjustments. Notwithstanding any contrary provision in the EIC Plan, the AFS
Plan, or the USLICO Plan, the cost-of-living adjustment for any Plan Year
beginning after the date this paragraph is approved by the Internal Revenue
Service (as evidenced by a favorable determination letter) will be based on the
Bureau of Labor Statistics Consumer Price Index, U.S. City Average for All Urban
Consumers, published by the United States Department of Labor, in August of the
Plan Year immediately preceding the Plan Year for which such adjustment is to
take effect and the methodology described in this paragraph shall apply only to
cost-of-living adjustments due for Plan Years beginning after receipt of such
Internal Revenue Service approval.

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APPENDIX 4.1(a)
NORMAL FORM FOR PRIOR PLAN BENEFIT

I. Application

This Appendix describes any special normal forms of benefit applicable to
benefits attributable to a Prior Plan.

II. Normal Form for Prior Plan Benefit under Southland Plan

This Section II applies to Participants who participated in the Southland Plan
for periods before January 1, 1990.

A Participant who participated in the Southland Plan prior to 1990 and who is
married on his or her Benefit Commencement Date shall be entitled to the greater
of (i) his or her Prior Plan benefit attributable to the benefit earned under
the Southland Plan as of December 31, 1989 with pay indexing through December
31, 1999 paid in an unreduced 50% joint and survivor annuity, or (ii) his or her
entire Accrued Benefit payable in the reduced 50% joint and survivor annuity.

III. Normal Form for Prior Plan Benefit under ReliaStar Plan

This Section III is applicable to Participants who participated in the ReliaStar
Plan for periods before January 1, 2002. The normal form of benefit for the
Prior Plan Benefit attributable to the ReliaStar Plan is a single life annuity
payable to the Participant monthly for his or her life and if the Participant
dies after the Benefit Commencement Date and before the due date of the 60th
monthly payment, there shall be paid to his or her Beneficiary in a single lump
sum the Actuarial Equivalent of the remaining unpaid installments that would
have been paid to the Participant had he or she lived until the due date of the
60th monthly payment. If the Participant is married, the Participant’s Spouse
consents to payment in the normal form, and the Beneficiary is the Participant’s
Spouse, the remaining monthly installments may be paid, at the request of such
Spouse, to the Spouse for the remainder of the 60-month period, and in the event
the Spouse dies before the end of the 60-month period, to the contingent
Beneficiary or successor Beneficiary, if any, otherwise to the deceased Spouse’s
estate.

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APPENDIX 4.1(b)
PRIOR PLAN BENEFIT AND AFS MINIMUM BENEFIT OPTIONAL FORMS

I.
Application. In addition to the Optional Forms of payment listed in Section
4.1(b) of the main Plan document, a Participant may elect to receive his or her
Prior Plan Benefit or AFS Minimum Benefit in an Optional Form as described in
this Appendix.

II.
Definitions. Capitalized terms in this Appendix shall have the meaning set forth
below. If a capitalized term is not determined herein, it shall have the meaning
set forth in Article I of the main Plan document.

A.    COLA Adjustment means an adjustment described in Appendix 3.7.

B.
Social Security Bridge Benefit means for any period, an adjusted monthly benefit
(relative to the benefit that otherwise would be payable at the Participant’s
Normal Retirement Date) producing, so far as practicable, a level combined
monthly benefit from this Plan and the Participant’s Social Security benefit
(both before and after such Social Security benefit is payable). The Social
Security Bridge Benefit is estimated.

III.
AFS Plan - All AFS Participants. An AFS Participant may elect to receive his or
her Prior Plan Account Balance in one of the following forms:

A.
Lump-Sum Option. An AFS Participant may elect to receive 50% of the value of his
or her Prior Plan Account Balance as a lump sum and the remainder as an annuity.
If the Prior Plan Account Balance is $25,000 or less, the AFS Participant may
receive the full Prior Plan Account Balance as a lump sum.

If an AFS Participant is eligible to, and elects to, receive the entire Prior
Plan Account Balance in a lump sum, and if the value of the AFS Participant’s
Net ING Benefit is $5,000 or less, then the AFS Participant may also elect to
take the value of the Net ING Benefit as a lump sum or may receive an Immediate
Annuity.

B.
Full Cash Refund Annuity. A full cash refund annuity provides the AFS
Participant with a reduced monthly benefit amount payable to the AFS Participant
for his or her lifetime. When the AFS Participant dies, his or her Beneficiary
will receive a lump sum equal to the excess, if any, of the portion of the
Account Balance paid as an annuity at the Benefit Commencement Date over the sum
of the monthly payments made to the AFS Participant before his or her death.

For an AFS Transition Participant, the term “AFS Minimum Benefit” is substituted
for “Account Balance”.

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IV.
AFS Plan - AFS Transition Participants. In addition to the Optional Forms
described in III, above, an AFS Transition Participant who is at least age 50
with 15 or more years of vesting service or at least age 65 at the time payments
begin and who elects to receive his or her entire AFS Minimum Benefit as an
annuity on or after age 50 may choose to have his or her AFS Minimum Benefit
paid in the following Optional Forms:

A.
Single Life Annuity with Social Security Bridge Benefit. This option pays a
monthly benefit to the AFS Transition Participant for life with a Social
Security Bridge benefit until the AFS Transition Participant reaches age 62. All
payments end at the AFS Participant’s death.

This option is subject to a COLA Adjustment.

B.
10, 15, and 20 Year Term Certain and Life Annuity. This option pays a reduced
monthly benefit (compared to the single life annuity) to the AFS Transition
Participant for life with payments guaranteed for a minimum number of 120, 180
or 240 months, depending on the specific option selected. If the AFS Transition
Participant dies before the minimum number of payments is made, the AFS
Transition Participant’s Beneficiary will receive the remaining guaranteed
monthly payments. The Social Security Bridge Benefit is provided until age 62
and the option is subject to a COLA Adjustment.

This option is not available for Benefit Commencement Dates after 11:59 p.m. on
May 1, 2008.

C.
25%, 50%, 80%, or 100% Joint and Survivor Annuity. This option pays a reduced
monthly benefit (compared to the single life annuity) to the AFS Transition
Participant for life with 25%, 50%, 80%, or 100%, depending on the specific
option elected, of the reduced monthly amount paid to the surviving Spouse or
Domestic Partner of the AFS Transition Participant following the AFS Transition
Participant’s death. All benefits end when the survivor dies. The Social
Security Bridge Benefit is provided to the AFS Transition Participant until age
62 and the benefit is subject to COLA Adjustment.

The 25% and 80% Joint and Survivor Annuity are not available for Benefit
Commencement Dates after 11:59 p.m. on May 1, 2008.

D.
80%/50% Joint and Last Survivor Annuity. This option pays a reduced monthly
benefit (compared to the single life annuity) to the AFS Transition Participant
for life and after the death of the AFS Transition Participant or his or her
Spouse or Domestic Partner, whichever occurs first, 80% will be paid to the
survivor if the survivor is the AFS Transition Participant and 50% will be paid
to the survivor if the survivor is the AFS Transition Participant’s Spouse or
Domestic Partner. All benefits end when the survivor dies. The Social Security
Bridge

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Benefit is provided to the AFS Transition Participant until age 62 and the
option is subject to a COLA Adjustment.

This option is not available for Benefit Commencement Dates after 11:59 p.m. on
May 1, 2008.

E.
50% or 75% Joint and Last Survivor Annuity. This option pays a reduced monthly
benefit (compared to the single life annuity) to the AFS Transition Participant
for as long as both the AFS Transition Participant and his or her Spouse or
Domestic Partner are alive. After the death of the AFS Transition Participant or
his or her Spouse or Domestic Partner, whichever occurs first, 50% or 75%,
depending on the specific option elected, of the reduced benefit amount will be
paid to the survivor. Benefits end when the survivor dies. The Social Security
Bridge Benefit is provided to the AFS Transition Participant until age 62 and
the option is subject to a COLA Adjustment.

This option is not available for Benefit Commencement Dates after 11:59 p.m. on
May 1, 2008.

V.
EIC, LOG and SLD Plans. A Participant whose Prior Plan is the EIC, LOG, or SLD
Plan may elect to receive his or her Prior Plan Benefit attributable to the EIC,
LOG, or SLD Plan under the following Optional Forms:

A.
20 Year Term Certain and Life Annuity. This option pays a reduced monthly
benefit (compared to the Single Life Annuity) to the Participant for life with
payments guaranteed for a minimum of 240 months. If the Participant dies before
all payments are made, the Participant’s Beneficiary will receive the remaining
guaranteed monthly payments.

B.
Social Security Level Income Option. This option pays a monthly benefit to the
Participant for life with a Social Security Bridge Benefit until the Participant
reaches 65. All payments end with the death of the Participant.

This option may be combined with a single life annuity or with a 100% or 50%
Joint and Survivor Option for the surviving Spouse or Domestic Partner of the
Participant.

This option is not available for Benefit Commencement Dates after 11:59 p.m. on
May 1, 2008 except with respect to the 100% Joint and Survivor option.

C.
COLA Options. A Participant whose Prior Plan was the EIC Plan will receive the
portion of his or her Prior Plan Benefit attributable to his or her “pre-2000
accrued benefit” (as defined in the EIC Plan) as indexed in accordance with the
main Plan document through December 31, 2001 in any of the Optional Forms
available at the time of his or her Benefit Commencement Date for Participants
in

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the EIC Plan together with a COLA Adjustment. The remaining Prior Plan Benefit
not available with a COLA Adjustment may be paid in any of the optional forms
described for Participants in the EIC Plan.

VI.
Lexington Plan. A Participant whose Prior Plan is the Lexington Plan may elect
to receive the Prior Plan Benefit attributable to the Lexington Plan in the
following optional forms:

A single life annuity, which, if the Participant has been married for at least
one year before his or her Benefit Commencement Date, dies within two years of
the Benefit Commencement Date, and was married to the same spouse at the
Participant’s death, the surviving Spouse will receive a benefit as though the
Participant had elected the 50% Joint and Survivor Annuity for the Prior Plan
Benefit attributable to the Lexington Plan adjusted to reflect the payments
received by the Participant before death.

VII.
TNIC Plan. If the Participant formerly participated in the TNIC Plan, the
Participant may receive the portion of his or her Prior Plan Benefit
attributable to the TNIC Plan in the following optional form:

Lump Sum. If the lump sum value of the portion of the Prior Plan Benefit
attributable to the TNIC Plan is more than $5,000 but not more than $25,000 as
of the Participant’s Benefit Commencement Date, the Participant may elect to
have the benefit paid in a lump sum or in an Immediate Annuity as of the first
day of any month after his or her Termination Date.

VIII.
ReliaStar Plan. A Participant whose Prior Plan is the ReliaStar Plan may elect
to receive the portion of his or her Prior Plan Benefit attributable to the
ReliaStar Plan in one of the following optional forms:

A.
15- and 20-Year Term Certain and Life Annuity. This option pays a reduced
monthly benefit (compared to the single life annuity) to the Participant for
life with payments guaranteed for a minimum of 180 or 240 months, depending on
the option selected. If the Participant dies before all guaranteed payments are
made, his or her Beneficiary will receive the remaining monthly payments.

The 15-Year Certain and Life Annuity is not available for Benefit Commencement
Dates after 11:59 p.m. on May 1, 2008.

B.
Joint and Two-Thirds Last Survivor Annuity. This option provides a reduced
monthly benefit (compared to the single life annuity) to the Participant and his
or her Spouse or Domestic Partner for as long as both are alive. Upon the death
of the first to die, the monthly benefit reduces to 2/3 of the amount payable
while both were alive. This reduced monthly benefit continues for the survivor’s
lifetime.

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With respect to a Participant whose Prior Plan is the ReliaStar Plan, the Spouse
of such a deceased Participant may elect an immediate lump sum payment of his or
her Qualified Preretirement Survivor Annuity in accordance with the provisions
in Sec. 7.1(c)(2) of that Prior Plan, regardless of the Participant’s age at
time of his or her death.
IX.
Northern Plan. A Participant who participated in the Northern Plan may elect to
receive the Prior Plan Benefit attributable to the Northern Plan in the
following optional forms:

A.
Joint and Two-Thirds Last Survivor Annuity. This option provides a reduced
monthly benefit (compared to the single life annuity) to the Participant and his
or her Spouse or Domestic Partner for as long as both are alive. Upon the death
of the first to die, the monthly benefit reduces to 2/3 of the amount payable
while both were alive. This reduced monthly Benefit continues for the survivor’s
lifetime.

B.
Lump Sum. If the lump-sum value of the portion of the Prior Plan Benefit
attributable to the Northern Plan is more than $5,000 but not more than $15,000
as of the Participant’s Benefit Commencement Date, the Participant may elect to
have the Benefit paid in a lump sum or in an Immediate Annuity as of the first
day of any month after his or her Termination Date.

C.
5 or 10 Year Certain Annuity Feature. A five or ten-year term certain feature
may be added to the 50% or 100% Joint and Survivor Annuity option or the Joint
and Two-Thirds Last Survivor Annuity option. If the Participant and Spouse or
Domestic Partner die before the end of the five or ten-year period, payments
will continue to the Beneficiary through the end of that guaranteed period.

This option is not available for Benefit Commencement Dates after 11:59 p.m. on
May 1, 2008.

X.
Security-Connecticut Plan. A Participant who participated in the
Security-Connecticut Plan may elect to receive his or her Prior Plan Benefit
attributable to the Security- Connecticut Plan in the following optional form:

Variable Annuity Option. 50% of the lump-sum value of the Prior Plan Benefit
attributable to the Security-Connecticut Plan may be applied to purchase a
variable annuity contract from a life insurance company licensed to do business
in the State of Connecticut (as selected by the PAC) with payments in the form
of a single life annuity, joint and 50% or 100% survivor annuity with the
Participant’s Spouse or ten- year term certain and life annuity. The remaining
Prior Plan Benefit attributable to the Security-Connecticut Plan may be paid in
any of the optional forms described for Participants in the ReliaStar Plan.

XI.
USLICO Plan. A Participant whose Prior Plan was the ReliaStar Plan and who
participated in the USLICO Plan may elect to receive the portion of his or her
Prior Plan

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benefit attributable to the USLICO Plan in any of the Optional Forms available
with respect to benefits attributable to the ReliaStar Plan available at the
time of his or her Benefit Commencement Date with a Social Security Bridge
Benefit to age 62 and a COLA Adjustment.

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APPENDIX 4.5
MINIMUM REQUIRED DISTRIBUTIONS

Section 1. Application and General Rules

1.1     Precedence and Effective Date. Subject to Section 4.1, the requirements
of this Appendix shall apply to any distribution of a Participant’s interest and
will take precedence over any inconsistent provisions of this Plan. Unless
otherwise specified, the provisions of this Appendix apply to calendar years
beginning after December 31, 2002.

1.2     Requirements of Regulations Incorporated. All distributions required
under this Appendix shall be determined and made in accordance with Code Section
401(a)(9), including the incidental death benefit requirement in Code Section
401(a)(9)(G), and the regulations thereunder.

1.3     Limits on Distribution Periods. As of the first Distribution Calendar
Year, Distributions to a Participant if not made in a single sum may only be
made over one of the following periods:

(a)
the life of the Participant,

(b)
the joint lives of the Participant and a Designated Beneficiary, or

(c)    a period certain not extending beyond the joint life and last survivor
expectancy of the Participant and a Designated Beneficiary.

1.4 Defined Terms. Capitalized terms not defined herein will have the same
meaning assigned to those terms in the main text of the Plan.

Section 2. Time and Manner of Distribution.

2.1     Required Beginning Date. The Participant’s entire interest will be
distributed, or begin to be distributed, no later than the Participant’s
Required Beginning Date.

2.2     Death of Participant Before Distributions Begin. If the Participant dies
before distributions begin, the Plan will cash out any survivor benefit that has
a present value not greater than $5,000 (or such other dollar amount as may be
specified in Code Section 411(a)(11)(A)), or will cash out any survivor benefit
payable under Section 5.2 to a non-Spouse Beneficiary, who is not a natural
person as soon as practicable after the Participant’s date of death. From time
to time, the Plan Administrator may recalculate the present values of the
benefits not in pay status, based on the Applicable Interest Rate and the
Applicable Mortality Table then in effect, and make lump-sum payments of those
that are not over $5,000. In any event, the Participant’s entire interest will
be distributed, or begin to be distributed, no later than as follows:

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(a)     If the Participant’s surviving Spouse is the Participant’s sole
Designated Beneficiary, then distributions to the surviving Spouse will begin by
December 31 of the calendar year immediately following the calendar year in
which the Participant died, or by December 31 of the calendar year in which the
Participant would have attained age 70½, if later.

(b)     If the Participant’s surviving Spouse is not the Participant’s sole
Designated Beneficiary, then distributions to the Designated Beneficiary will
begin by December 31 of the calendar year immediately following the calendar
year in which the Participant died.

(c)     If there is no Designated Beneficiary as of September 30 of the year
following the year of the Participant’s death, the Participant’s entire interest
will be distributed by December 31 of the calendar year containing the fifth
anniversary of the Participant’s death.

(d)     If the Participant’s surviving Spouse is the Participant’s sole
Designated Beneficiary and the surviving Spouse dies after the Participant but
before distributions to the surviving Spouse are required to begin, this Section
2.2, other than Section 2.2(a), will apply as if the surviving Spouse were the
Participant.

For purposes of this Section 2.2 and Section 5, unless Section 2.2(d) applies,
distributions are considered to begin on the Participant’s Required Beginning
Date. If Section 2.2(d) applies, distributions are considered to begin on the
date distributions are required to begin to the surviving Spouse under Section
2.2(a). If distributions under an annuity meeting the requirements of this
Appendix commence to the Participant before the Participant’s Required Beginning
Date (or to the Participant’s surviving Spouse before the date distributions are
required to begin to the surviving Spouse under Section 2.2(a)) the date
distributions are considered to begin is the date distributions actually
commence.

2.3     Forms of Distribution. Unless the Participant’s interest is distributed
in the form of an annuity purchased from an insurance company or in a single sum
on or before the Required Beginning Date, as of the first Distribution Calendar
Year distributions will be made in accordance with Sections 3, 4 and 5 of this
Appendix. If the Participant’s interest is distributed in the form of an annuity
purchased from an insurance company, distributions thereunder will be made in
accordance with the requirements of Code Section 401(a)(9) and Treas. Reg.
Section 1.401(a)(9). Any part of the Participant’s interest which is in the form
of an individual account described in Code Section 414(k) will be distributed in
a manner satisfying the requirements of Code Section 401(a)(9) and Treas. Reg.
Section 1.401(a)(9) that apply to individual accounts.

Section 3. Determination of Amount to be Distributed Each Year.

3.1     General Annuity Requirements. If the Participant’s interest is to be
paid in the form of annuity distributions under the Plan, payments under the
annuity shall satisfy the following requirements:

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(a)     the annuity distributions will be paid in periodic payments made at
uniform intervals not longer than one year;

(b)     the distribution period will be over a life (or lives) or over a period
certain not longer than the period described in Section 4 or 5 of this Appendix
4.5;

(c)     once payments have begun over a period, the period will be changed only
in accordance with Section 6 of this Appendix 4.5; and

(d)     payments will either be nonincreasing or increase only as follows:

(1)     by an annual percentage increase that does not exceed the percentage
increase in an Eligible Cost-Of-Living Index for a 12-month period ending in the
year during which the increase occurs or a prior year;

(2)     by a percentage increase that occurs at specified times and does not
exceed the cumulative total of annual percentage increases in an Eligible
Cost-of- Living Index since the Benefit Commencement Date, or if later, the date
of the most recent percentage increase;

(3)     by a constant percentage of less than 5% per year, applied not less
frequently than annually;

(4)     as a result of dividend or other payments that result from Actuarial
Gains, provided:

(i)     Actuarial Gain is measured not less frequently than annually,

(ii)     the resulting dividend or other payments are either paid no later than
the year following the year for which the actuarial experience is measured or
paid in the same form as the payment of the annuity over the remaining period of
the annuity (beginning no later than the year following the year for which the
actuarial experience is measured),

(iii)     the Actuarial Gain taken into account is limited to Actuarial Gain
from investment experience,

(iv)     the assumed interest rate used to calculate such Actuarial Gains is not
less than 3%, and

(v)     the annuity payments are not increased by a constant percentage as
described in (3) of this Section 3.1(d);

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(5)     to the extent of the reduction in the amount of the Participant’s
payments to provide for a survivor benefit, but only if there is no longer a
survivor benefit because the Beneficiary whose life was being used to determine
the distribution period described in Section 4 of this Appendix 4.5 dies or is
no longer the Participant’s Beneficiary pursuant to a qualified domestic
relations order within the meaning of Code Section 414(p);

(6)     to provide a final payment upon the Participant’s death not greater than
the excess of the actuarial present value of the Participant’s Accrued Benefit
(within the meaning of Code Section 411(a)(7), calculated as of the Benefit
Commencement Date using the Applicable Interest Rate and the Applicable
Mortality Table (or, if greater, the total amount of employee contributions, if
any) over the total of payments before the Participant’s death;

(7)     to allow a Beneficiary to convert the survivor portion of a joint and
survivor annuity into a lump sum distribution upon the Participant’s death; or

(8)     to pay increased benefits that result from a Plan amendment.

3.2     Amount Required to Be Distributed by Required Beginning Date and Later
Payment Intervals. The amount that must be distributed on or before the
Participant’s Required Beginning Date (or, if the Participant dies before
distributions begin, the date distributions are required to begin under Section
2.2(a) or (b) of this Appendix 4.5) is the payment that is required for one
payment interval. The second payment need not be made until the end of the next
payment interval even if that payment interval ends in the next calendar year.
All of the Participant’s benefit accruals as of the last day of the first
Distribution Calendar Year will be included in the calculation of the amount of
the annuity payments for payment intervals ending on or after the Participant’s
Required Beginning Date.

3.3     Additional Accruals After First Distribution Calendar Year. Any
additional benefits accruing to the Participant in a calendar year after the
first Distribution Calendar Year will be distributed beginning with the first
payment interval ending in the calendar year immediately following the calendar
year in which such benefit accrues.

Section 4.     Requirements for Annuity Distributions that Commence During
Participant’s Lifetime.

4.1     Joint Life Annuities Where the Beneficiary Is Not the Participant’s
Spouse. If the Participant’s interest is being distributed in the form of a
joint and survivor annuity for the joint lives of the Participant and a
non-Spouse Beneficiary, annuity payments to be made on or after the
Participant’s Required Beginning Date to the Designated Beneficiary after the
Participant’s death must not at any time exceed the applicable percentage of the
annuity payment for such period that would have been payable to the Participant,
using the table set forth in Treas. Reg. Section 1.401(a)(9)-6, Q&A 2(c)(2), in
the manner described in Q&A 2(c)(1), to determine the applicable percentage. If
the form of distribution combines a joint and survivor annuity for

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the joint lives of the Participant and a non-Spouse Beneficiary and a period
certain annuity, the requirement in the preceding sentence will apply to annuity
payments to be made to the Designated Beneficiary after the expiration of the
period certain.

4.2     Period Certain Annuities. Unless the Participant’s Spouse is the sole
Designated Beneficiary and the form of distribution is a period certain and no
life annuity, the period certain for an annuity distribution commencing during
the Participant’s lifetime may not exceed the applicable distribution period for
the Participant under the Uniform Lifetime Table set forth in Treas. Reg.
Section 1.401(a)(9)-9, Q&A-2, for the calendar year that contains the Benefit
Commencement Date. If the Benefit Commencement Date precedes the year in which
the Participant reaches age 70, the applicable distribution period for the
Participant is the distribution period for age 70 under the Uniform Lifetime
Table set forth in Treas. Reg. Section 1.401(a)(9)-9, Q&A-2, plus the excess of
70 over the age of the Participant as of the Participant’s birthday in the year
that contains the Benefit Commencement Date. If the Participant’s Spouse is the
Participant’s sole Designated Beneficiary and the form of distribution is a
period certain and no life annuity, the period certain may not exceed the longer
of the Participant’s applicable distribution period, as determined under this
Section 4.2, or the joint life and last survivor expectancy of the Participant
and the Participant’s Spouse as determined under the Joint and Last Survivor
Table set forth in Treas. Reg. Section 1.401(a)(9)-9, Q&A-3, using the
Participant’s and Spouse’s attained ages as of the Participant’s and Spouse’s
birthdays in the calendar year that contains the Benefit Commencement Date.

Section 5. Requirements For Minimum Distributions After the Participant’s Death.

5.1     Death After Distributions Begin. If the Participant dies after
distribution of his or her interest begins in the form of an annuity meeting the
requirements of this Appendix 4.5, the remaining portion of the Participant’s
interest will continue to be distributed over the remaining period over which
distributions commenced.

5.2 Death Before Distributions Begin.

(a)     Participant Survived by Designated Beneficiary. If the Participant dies
before the date distribution of his or her interest begins and there is a
Designated Beneficiary, the Participant’s entire interest will be distributed,
beginning no later than the time described in Section 2.2(a) or (b) of this
Appendix 4.5, over the life of the Designated Beneficiary or over a period
certain not exceeding:

(i)     unless the Benefit Commencement Date is before the first Distribution
Calendar Year, the Life Expectancy of the Designated Beneficiary will be
determined using the Beneficiary’s age as of the Beneficiary’s birthday in the
calendar year immediately following the calendar year of the Participant’s
death; or

(ii)     if the Benefit Commencement Date is before the first Distribution
Calendar Year, the Life Expectancy of the Designated Beneficiary will be

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determined using the Beneficiary’s age as of the Beneficiary’s birthday in the
calendar year that contains the Benefit Commencement Date.

(b)     No Designated Beneficiary. If the Participant dies before the date
distributions begin and there is no Designated Beneficiary as of September 30 of
the year following the year of the Participant’s death, distribution of the
Participant’s entire interest will be completed by December 31 of the calendar
year containing the fifth anniversary of the Participant’s death.

(c)     Death of Surviving Spouse Before Distributions to Surviving Spouse
Begin. If the Participant dies before the date distribution of his or her
interest begins, the Participant’s surviving Spouse is the Participant’s sole
Designated Beneficiary, and the surviving Spouse dies before distributions to
the surviving Spouse begin, this Section 5 will apply as if the surviving Spouse
were the Participant, except that the time by which Distributions must begin
will be determined without regard to Section 2.2(a) of this Appendix 4.5.

Section 6. Changes to Annuity Payment Period.

6.1     Permitted Changes. An annuity payment period may be changed only in
association with an annuity payment increase described in Section 3.1(d) of this
Appendix 4.5 or in accordance with Section 6.2 of this Appendix 4.5.

6.2     Reannuitization. An annuity payment period may be changed and the
annuity payments modified in accordance with that change if the conditions in
Section 6.3 of this Appendix 4.5 are satisfied and:

(a)     the modification occurs when the Participant retires or in connection
with a Plan termination;

(b)     the payment period prior to modification is a period certain without
life contingencies; or

(c)    the annuity payments after modification are paid under a qualified joint
and survivor annuity over the joint lives of the Participant and a Designated
Beneficiary, the Participant’s Spouse is the sole Designated Beneficiary, and
the modification occurs in connection with the Participant becoming married to
such Spouse.

6.3 Conditions. The conditions in this Section 6.3 are satisfied if:

(a)     the future payments after the modification satisfy the requirements of
Code Section 401(a)(9), Treas. Reg. Section 1.401(a)(9), and this Appendix 4.5
(determined by treating the date of the change as a new Benefit Commencement
Date and the actuarial present value of the remaining payments prior to
modification as the entire interest of the Participant);

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(b)     for purposes of Code Section 415 and Code Section 417, the modification
is treated as a new Benefit Commencement Date;

(c)     after taking into account the modification, the annuity (including all
past and future payments) satisfies the requirements of Code Section 415
(determined at the original Benefit Commencement Date, using the interest rates
and mortality tables applicable to such date); and

(d)     the end point of the period certain, if any, for any modified payment
period is not later than the end point available to the employee at the original
Benefit Commencement Date under Code Section 401(a)(9) and this Appendix 4.5.

Section 7. Payments to a Surviving Child.

7.1     Special Rule. For purposes of this Appendix 4.5, payments made to a
Participant’s surviving child until the child reaches the age of majority (or
dies, if earlier) shall be treated as if such payments were made to the
surviving Spouse to the extent the payments become payable to the surviving
Spouse upon cessation of the payments to the child.

7.2     Age of Majority. For purposes of this Section 7.2, a child shall be
treated as having not reached the age of majority if the child has not completed
a specified course of education and is under the age of 26. In addition, a child
who is disabled within the meaning of Code Section 72(m)(7) when the child
reaches the age of majority shall be treated as having not reached the age of
majority so long as the child continues to be disabled.

Section 8. Definitions.

8.1     Actuarial Gain. The difference between an amount determined using the
actuarial assumptions (i.e., investment return, mortality, expense, and other
similar assumptions) used to calculate the initial payments before adjustment
for any increases and the amount determined under the actual experience with
respect to those factors. Actuarial Gain also includes differences between the
amount determined using actuarial assumptions when an annuity was purchased or
commenced and such amount determined using actuarial assumptions used in
calculating payments at the time the Actuarial Gain is determined.

8.2     Designated Beneficiary. The individual who is designated by the
Participant (or the Participant’s surviving Spouse) as the Beneficiary of the
Participant’s interest under the Plan and who is the Designated Beneficiary
under Code Section 401(a)(9) and Treas. Reg. Section 1.401(a)(9)-4.

8.3     Distribution Calendar Year. A calendar year for which a minimum
distribution is required. For distributions beginning before the Participant’s
death, the first Distribution Calendar Year is the calendar year immediately
preceding the calendar year which contains the Participant’s Required Beginning
Date. For distributions beginning after the Participant’s death,

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the first Distribution Calendar Year is the calendar year in which distributions
are required to begin pursuant to Section 2.2.

8.4     Eligible Cost-of-living Index. An index described in paragraphs (b)(2),
(b)(3) or (b)(4) of Treas. Reg. Section 1.401(a)(9)-6, Q&A-14.

8.5     Life Expectancy. Life Expectancy as computed by use of the Single Life
Table in Treas. Reg. Section 1.401(a)(9)-9, Q&A-1.

8.6     Required Beginning Date. The Required Beginning Date of a Participant is
April 1 of the calendar year following the later of the calendar year in which
the Participant attains age 70½ or the calendar year in which the Participant
retires, except that benefit distributions to a 5-Percent Owner must commence by
April 1 of the calendar year following the calendar year in which the
Participant attains age 70½.

8.7     5-Percent Owner. A Participant is treated as a 5-Percent Owner for
purposes of this Appendix 4.5 if the Participant is a 5-Percent Owner as defined
in Code Section 416 at any time during the Plan year ending with or within the
calendar year in which such owner attains age 70½. Once distributions have begun
to a 5-Percent Owner under this Appendix 4.5, they must continue to be
distributed, even if the Participant ceases to be a 5-Percent Owner in a
subsequent year.

Section 9. Transition.

9.1     Transition Rule. F-3 and F-3A of Section 1.401(a)(9)-1 of the 1987
proposed regulations, A-1 of Section 1.401(a)(9)-6 of the 2001 proposed
regulations, Section 1.401(a)(9)-6T of the temporary regulations, or a
reasonable and good faith interpretation of the requirements of Code Section
401(a)(9) (as elected by the Company) apply in lieu of the requirements of
Sections 3, 4 and 6 of this Appendix 4.5 for purposes of determining minimum
required distributions for calendar years 2003, 2004, and 2005.

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APPENDIX A
2015 EARLY PAYMENT WINDOW
I. Application. This Appendix A applies to Window Eligible Individuals, who
elect to receive a lump sum payment or commence a monthly payment in accordance
with the terms of this Appendix A. The provisions of this Appendix A will apply
notwithstanding anything in the Plan document to the contrary.
II. Window Eligible Individuals. Except as provided below, the window is open to
each individual who satisfies the following:
A.
Deferred Participants. To be a Window Eligible Individual, a Participant must
satisfy the following:

1.
Has a Termination Date on or before March 31, 2015,

2.
Is not an employee of any Controlled Group Member at any time after March 31,
2015,

3.
Has not received payment or commenced payment of the entirety of his or her
Accrued Benefit under the Plan by March 1, 2015,

4.
Was under age 70 as of December 31, 2014,

5.
Is living on November 1, 2015, and

6.
Is not an excluded individual under Paragraph B below.

B.
Excluded Individuals. Anyone who does not satisfy the requirements of Paragraph
A above will not be considered a Window Eligible Individual. In addition,
notwithstanding the provisions of Paragraph A, the following individuals will
not be Window Eligible Individuals:

1.
Any Participant whose Accrued Benefit is subject to assignment pursuant to a
qualified domestic relations order, or whose distribution rights are limited,
pursuant to the Plan’s domestic relations order qualification determination
procedures, due to a pending review of a domestic relations order.

2.
Any alternate payee under a qualified domestic relations order, as defined in
Code Section 414(p).

3.
Any individual whose benefit under the Plan is subject to a tax levy.

4.
For the avoidance of doubt, those individuals who are on long-term disability
and meet the following criteria:

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a.
Who was disabled after December 31, 2001 and before January 1, 2012,

b.
Who had at least five years of Vesting Service at disablement,

c.
Who was not considered a Fieldforce participant,

d.
Who remained disabled as of March 31, 2015, and

e.
Who, as of March 31, 2015, was eligible for continuing benefit accruals under
the terms of the Plan.

5.
Any individual for whom there is not adequate data in the Plan records to
determine benefit amounts or eligibility.

6.
Any individual who is classified in the Plan’s records in a category other than
Participant (for avoidance of doubt, this includes Beneficiaries, Surviving
Spouses, and Domestic Partners).

C.
Special Rule. Notwithstanding the provisions of this Section II to the contrary,
a Deferred Participant will be a Window Eligible Individual if he or she
satisfies the requirements of Paragraph A of Section II above, other than
Subparagraph 3, and commenced his or her Plan benefits between March 1, 2015 and
July 1, 2015.

III. Election Period. The election period for the Early Payment Window will
begin on September 9, 2015 and end on October 21, 2015 (the “election period”).
An election received after the election period will be deemed to have been made
during the election period if all required information is received in good order
and all signatures required for the election were signed during the election
period and the election was (i) mailed within the election period but no later
than October 21, 2015 and (ii) received by the Plan by November 2, 2015.
Elections are subject to the procedures established by the Company in accordance
with Section VII. No election made during the election period may be revoked
after the earlier of the date the lump sum is paid or a monthly benefit
commences or the date of the Window Eligible Individual’s death.
IV. Payment Options.
A.
Deferred Participant. A Participant who is a Window Eligible Individual may
elect one of the following options for payment of the full Accrued Benefit due
to Participant under the Plan.

1.
A single lump-sum payment of the Participant’s full Accrued Benefit (including
any Prior Plan Benefit);

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2.
The Normal Form, as stated in Section 4.1(a), based on the Participant’s marital
status; or

3.
If the Participant has a Spouse, the 75% Joint and Survivor Annuity, with the
Participant’s Spouse as the joint annuitant.

B.
Deferred Participant - On or after Earliest Retirement Date - For Deferred
Participants who have reached their Earliest Retirement Date as of November 1,
2015 for all components of their entire Accrued Benefit and who are Window
Eligible Individuals, in addition to the payment options in Paragraph A above,
all Optional Forms of payment available to the Deferred Participant in the Plan.
All window annuities will be determined without a cost-of-living feature.

C.
Spousal Consent Requirements. A Participant’s payment election under this
Section IV is subject to the Spousal consent requirements of Section 4.3. If the
applicable Spousal consent is not received within the time period required, the
Participant’s payment election under this Early Payment Window will not take
effect.

V. Calculation of Benefits.
A.
Deferred Participant. Benefit amounts will be calculated as follows for Deferred
Participants who are Window Eligible Individuals, in the following manner:

1.
Lump-Sum Payment.

a.
For any Participant who, based on his or her Service as of his or her
Termination Date, would be eligible for subsidized early commencement reduction
factors under the Plan if the Participant waited to commence his or her Plan
benefit (or if the Participant is currently eligible for subsidized early
commencement reduction factors), the single lump-sum payment will be the greater
of:

1.
The present value, based on the Actuarial Equivalence determined under Section
1.4(a), of the Participant’s Accrued Benefit payable at the Participant’s
Earliest Retirement Date but not earlier than November 1, 2015 (considering the
subsidized early commencement reduction factors applicable to the Participant),
and

2.
The present value, based on the Actuarial Equivalence as determined under
Section 1.4(a), of the Participant’s Accrued Benefit payable at Normal
Retirement Age.

b.
For all other Participants, the single lump-sum payment will be the present
value, based on the Actuarial Equivalence as determined

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under Section 1.4(a), of the Participant’s Accrued Benefit payable at Normal
Retirement Age.
2.
Annuity Forms. The annuity payment forms will be calculated as of November 1,
2015 based on converting the Participant’s single lump-sum payment, as
determined above, to the appropriate immediate annuity, using the Actuarial
Equivalence factors in Section 1.4(a).

B.
Cost of Living Adjustments. For any cost-of-living adjustments included in the
calculation of a lump-sum payment, the cost-of-living adjustment will be valued
as follows:

1.
AFS and EIC Participants. The cost-of-living adjustment will be valued based on
the methodology stated in Paragraph B of Section X in Appendix 3.1(e) and the
applicable Adjustment Rate for the Prior Plan in which the Participant
participated.

2.
USLICO Participants. The cost-of-living adjustment rate will be determined by
the following steps:

a.
Determine the accumulated cost-of-living Adjustment Rate as defined in Appendix
3.7 for the five-year period ending December 31, 2014.

b.
Determine the accumulated 3% annual maximum adjustment rate for the same
five-year period.

c.
Select the smaller amount from Subparagraphs a. and b. above.

d.
Compute the geometric average of the accumulated Adjustment Rate from
Subparagraph c. above to determine the annual rate, which will be rounded to the
nearest hundredth of 1%. The result is the cost-of-living Adjustment Rate to be
used in determining the future value of the USLICO benefits with a COLA feature.

C.
Adjustment for Payments Received. Any Window Eligible Individual described in
Paragraph C of Section II will have his or her benefits calculated as provided
above, as applicable. However, the lump-sum will be reduced to reflect the
present value of the payments already received. The present value of the
payments received will be the accumulated value of these payments with interest
at the Plan’s crediting rate for the 2015 Plan Year from the payment date to
November 1, 2015.

D.
Special Rules. For the avoidance of doubt, other than a Window Eligible
Individual described in Paragraph C of Section II, this Appendix A will not
apply to any benefits (or portion of a Participant’s Plan benefits) that are in
pay status.

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For any Window Eligible Individual over Normal Retirement Age as of November 1,
2015, the lump-sum is calculated based on the accumulated payments from the
Participant’s Normal Retirement Date to October 1, 2015 with interest at the
Plan’s crediting rate for the 2015 Plan Year, plus the present value of future
payments starting on November 1, 2015.
VI. Impact of Subsequent Events. A Window Eligible Individual’s payment election
under this Appendix A will be nullified and voided if any of the following
occur:
A.
The Window Eligible Individual ceases to be a Window Eligible Individual on or
before November 1, 2015.

B.
The Window Eligible Individual dies before November 1, 2015.

C.
The Window Eligible Individual is rehired by a Controlled Group Member before
November 1, 2015.

D.
The Window Eligible Individual marries and the Window Eligible Individual does
not complete an updated election within the election period, complete with the
new Spouse’s consent if so required.

VII. Administrative Procedures. The Company will establish such procedures as it
deems necessary to carry out this Appendix A, and such administrative procedures
may include excluding individuals who would otherwise be Window Eligible
Individuals to the extent including such individuals is not administratively
feasible. Any such procedures will be applied in a consistent and
nondiscriminatory manner.
VIII. Dual Status. An individual may be a Beneficiary of a deceased Participant
and a Window Eligible Individual as a Deferred Participant. In that case, the
provisions of this Appendix A will only apply to the individual’s benefit as a
Deferred Participant.
IX. Benefit Adjustments. The benefits payable under this Appendix A will be
adjusted to the extent required under Article VI.
X. Payment Date. Benefits elected under this Appendix A will be paid (or an
annuity will commence) as of November 1, 2015, provided that actual payment may
be delayed to the extent necessary to facilitate administration.

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