AMENDMENT NUMBER JANUARY 1, 2013


VERSAR EMPLOYEE 401(K) PLAN


 


BY THIS AGREEMENT,
Versar Employee 401 (K) Plan (herein referred to as the “Plan”) is hereby amended as follows, effective as of January
1, 2013, except as otherwise provided herein:


 


		1.	The section of the Adoption Agreement entitled “AUTOMATIC DEFERRAL” is amended as follows:



AUTOMATIC DEFERRAL (3.02(B)).
The Automatic Deferral provisions of Section 3.02(B) (Choose one of (a) or (b)):


 


		(a)	 ̈  Do
not apply.



		(b)	x Apply.
The Automatic Deferral Effective Date is: June 1, 2010 (specify date). (Complete (1), (2), and (3). Choose (4) as
applicable:



 


		(1)	Automatic Deferral Amount: The Employer, as to each Participant affected, will withhold as the
Automatic Deferral Amount, 3% from the Participant’s Compensation each payroll period unless the Participant makes
a Contrary Election.



 


		(2)	Participants affected. The Automatic Deferral applies to (Choose one of a, b, c, or d):



 


	 	a.	 ̈	All
Participants. All Participants, regardless of any prior Salary Reduction Agreement, unless and until they make a Contrary Election
after the Automatic Deferral Effective Date.



	 	b.	x	Election
of at least Automatic Deferral Amount. All Participants, except those who have in effect a Salary Reduction Agreement on the Automatic
Deferral Effective Date provided that the Elective Deferral amount under the Agreement is at least equal to the Automatic Deferral
amount.



	 	c.	 ̈	No
existing Salary Reduction Agreement. All Participants, except those who have in effect a Salary Reduction Agreement on the Automatic
Deferral Effective Date regardless of the Elective Deferral amount under the agreement.



	 	d.	 ̈	New
Participants. Each Employee whose Entry Date is on or following the Automatic Deferral Effective Date.



 


		(3)	Scheduled increases. The Automatic Deferral Amount will or will not increase (as a percentage of
Compensation) in Plan Years following the Plan Year containing the Automatic Deferral Effective Date (or, if later, the Plan Year
in which the Automatic Deferral first applies to a Participant) as follows (Choose one of a, b, c, or d):



 


	 	a.	 ̈	No
scheduled increase. The Automatic Deferral Amount applies in all Plan Years.






	 	b.	 ̈	Scheduled
increase. The Automatic Deferral Amount will increase as follows:



  


	Plan Year of application to a Participant	 	Automatic Deferral Amount	 
	1	 	 	3	%
	2	 	 	3	%
	3	 	 	4	%
	4	 	 	5	%
	5 and thereafter	 	 	6	%



  


	 	c.	 ̈	Other
scheduled increase. The Automatic Deferral Amount will increase as follows:



 





	Plan Year of application to a Participant	 	Automatic Deferral Amount	 
	____	 	 	____	%
	____	 	 	____	%
	____	 	 	____	%
	____	 	 	____	%
	____	 	 	____	%


 


		(4)	xDescribe
Automatic Deferral: Effective January 1, 2013 there will be a 1% Automatic Annual Increase to all participants
under 6% deferral rate with the maximum being capped at 6%.



 


[Note: Under Election 21(b)(4), the Employer
may describe Automatic Deferral provisions from the elections available under Election 21 and/or a combination thereof as to a
Participant group (e.g. Automatic Deferrals do not apply to Division A Employees. All Division B Employee/Participants are subject
to an Automatic Deferral Amount equal to 3% of Compensation effective as of January 1, 2008).]


   




    	 



    	 



    

  


*******


 


This Amendment has been executed this          14th
         day of         November 2012         .


 


	 	Versar, Inc.
	 	By: 	Anthony L. Otten
	 	 	Employer
	 	Nondiscretionary Trustee: Wachovia Bank, N.A.
	 	By:	Nancy Wheeler