|   | (a) | 1.20% of his Final Average Monthly Compensation at such given date multiplied by his number of years of Credited Service at such given date that are not in excess of 40 years; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | 0.65% of that portion, if any, of his Final Average Monthly Compensation at such given date that is in excess of the Monthly Covered Compensation that applies to him at such given date multiplied by his number of years of Credited Service at such given date that are not in excess of 35 years." |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (3)   | 1.20% of his Final Average Monthly Compensation multiplied by his number of years of Credited Service that are not in excess of 35 years; |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------|

| (4)   | 0.65% of that portion, if any, of his Final Average Monthly Compensation that is in excess of the Monthly Covered Compensation that applies to him multiplied by his number of years of Credited Service that are not in excess of 35 years. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5)   | 1.20% of his Final Average Monthly Compensation multiplied by his number of years of Credited Service that are not in excess of 40 years; |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------|

| (6)   | 0.65% of that portion, if any, of his Final Average Monthly Compensation that is in excess of the Monthly Covered Compensation that applies to him multiplied by his number of years of Credited Service that are not in excess of 35 years." |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | CAPITAL SOUTHWEST CORPORATION                                                                                                                                                                                                                                                                                                                                                                          |
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