OF COMPETENT
MEDICAL EVIDENCE, BEFORE DECEMBER 31, 1993 AND WHILE EMPLOYED BY THE COMPANY TO
BE UNABLE, BY REASON OF A MEDICALLY DETERMINABLE PHYSICAL OR MENTAL IMPAIRMENT
WHICH CAN BE EXPECTED TO RESULT IN DEATH OR TO BE OF PERMANENT DURATION, TO
ENGAGE IN THE LEVEL OF GAINFUL ACTIVITY DETERMINED UNDER STANDARDS ADOPTED BY
SUCH COMPANY FOR PURPOSES OF THIS PLAN.
THE DETERMINATION BY EACH COMPANY THAT
AN EMPLOYEE IS "DISABLED" FOR PURPOSES OF THIS PLAN SHALL BE MADE UNDER
STANDARDS ADOPTED BY EACH COMPANY AND APPLIED UNIFORMLY, WHICH STANDARDS MAY
INCLUDE THE SOCIAL SECURITY ACT DEFINITION OF DISABILITY, THE DEFINITION
APPLICABLE TO SUCH COMPANY'S LONG-TERM DISABILITY PROGRAMS, IF ANY, OR SUCH
OTHER DEFINITIONS AS MAY BE ADOPTED FROM TIME TO TIME BY EACH COMPANY.
SUCH
DETERMINATION SHALL BE SUBJECT TO THE APPROVAL OF THE ADMINISTRATOR.
SECTION 1.22
DISABILITY RETIREMENT DATE.
"DISABILITY RETIREMENT DATE"
OF A PARTICIPANT SHALL MEAN THE FIRST DAY OF ANY MONTH COINCIDENT WITH OR
FOLLOWING HIS DISABILITY, PROVIDED THE PARTICIPANT HAS AT LEAST 10 YEARS OF
CREDITED SERVICE AT HIS DISABILITY AND ELECTS TO RETIRE BEFORE AGE 65.
SECTION 1.23
EARLY COMMENCEMENT DATE.
"EARLY COMMENCEMENT DATE" SHALL
MEAN THE FIRST DAY OF THE MONTH AS OF WHICH A PARTICIPANT ELECTS TO BEGIN
RECEIVING PAYMENTS PRIOR TO HIS NORMAL RETIREMENT DATE.
SECTION 1.24
EARLY RETIREMENT BENEFIT.
"EARLY RETIREMENT BENEFIT"
SHALL MEAN THE BENEFIT PAYABLE UNDER SECTION 3.4.
11
SECTION 1.25
EARLY RETIREMENT DATE.
"EARLY RETIREMENT DATE" OF A
PARTICIPANT SHALL GENERALLY MEAN THE FIRST DAY OF THE MONTH, SO DESIGNATED BY AN
EMPLOYEE, PRECEDING HIS NORMAL RETIREMENT DATE, AND WHICH IS COINCIDENT WITH OR
FOLLOWING THE LATER OF HIS 55TH BIRTHDAY AND HIS COMPLETION OF TEN (10) YEARS OF
CREDITED SERVICE OR SUCH OTHER DATE AS IS PROVIDED IN SECTION 3.3.
SECTION 1.26
EMPLOYEE.
"EMPLOYEE" SHALL MEAN ANY EMPLOYEE OF ANY
COMPANY (INCLUDING ANY PERSON TREATED AS AN EMPLOYEE UNDER SECTION 10.15)
EXCLUDING
(A)
AN EMPLOYEE WHO WILL NOT COMPLETE 1,000 HOURS OF SERVICE DURING A
PLAN YEAR,
(B)
A TEMPORARY EMPLOYEE, THAT IS, ONE WHO IS EMPLOYED BY A COMPANY
FOR THE SPECIFIC PURPOSE OF WORKING ON A DESIGNATED PROJECT FOR THE DURATION OF
SUCH PROJECT, AND
(C)
A DIRECTOR WHO IS NOT OTHERWISE AN EMPLOYEE.
(D)
A LEASED EMPLOYEE.
FOR THESE PURPOSES, A LEASED EMPLOYEE MEANS AN
INDIVIDUAL NOT OTHERWISE AN EMPLOYEE WHO, PURSUANT TO AN AGREEMENT BETWEEN AN
EMPLOYER AND A LEASING ORGANIZATION, HAS PERFORMED, ON A SUBSTANTIALLY FULL-TIME
BASIS FOR THE INDIVIDUAL'S INITIAL 12-MONTH PERIOD OF PERFORMING SERVICES FOR
THE EMPLOYER OR FOR ANY PLAN YEAR, SERVICES OF A TYPE HISTORICALLY PERFORMED BY
EMPLOYEES IN THE BUSINESS FIELD OF THE EMPLOYER UNLESS THE INDIVIDUAL IS COVERED
BY A MONEY PURCHASE PENSION PLAN MAINTAINED BY THE LEASING ORGANIZATION AND
MEETING THE REQUIREMENTS OF CODE SECTION 414(N)(5)(B), AND LEASED EMPLOYEES DO
NOT CONSTITUTE MORE THAN 20% OF ALL NON-HIGHLY COMPENSATED EMPLOYEES OF ALL
AFFILIATED COMPANIES WITHIN THE MEANING OF CODE SECTION 414(N)(5)(C)(II).
SECTION 1.26 OF THE PLAN WAS AMENDED BY AMENDMENT NO. 1, EFFECTIVE