DECISIONS SHALL BE APPLIED IN A UNIFORM AND
NONDISCRIMINATORY MANNER TO ALL SIMILARLY SITUATED PERSONS AND SHALL BE
CONCLUSIVELY BINDING UPON ALL PERSONS INTERESTED IN THE PLAN. THE ADMINISTRATIVE
COMMITTEE HAS DISCRETIONARY AUTHORITY TO GRANT OR DENY BENEFITS UNDER THIS PLAN.
BENEFITS UNDER THE PLAN WILL BE PROVIDED ONLY IF THE ADMINISTRATIVE COMMITTEE
DECIDES, IN ITS SOLE DISCRETION, THAT THE APPLICANT IS ENTITLED TO THEM;
(C)
TO SELECT THE INVESTMENT FUNDS;
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(D)
TO APPOINT ONE OR MORE INSURANCE COMPANIES;
(E)
TO APPOINT ONE OR MORE INVESTMENT MANAGERS;
(F)
TO ESTABLISH AND CARRY OUT A FUNDING POLICY
AND METHOD CONSISTENT WITH THE OBJECTIVES OF THE PLAN AND THE REQUIREMENTS OF
ERISA;
(G)
TO MONITOR THE LIMITS ON CONTRIBUTIONS UNDER
ARTICLE III AND TO TAKE ACTION TO ASSURE THAT SUCH LIMITS ARE SATISFIED FOR EACH
PLAN YEAR;
(H)
TO AUTHORIZE DISBURSEMENTS FROM THE TRUST;
(I)
TO PRESCRIBE PROCEDURES TO BE FOLLOWED BY
PARTICIPANTS OR BENEFICIARIES WHO FILE APPLICATIONS FOR BENEFITS;
(J)
TO APPROVE THE DESIGN OF ENROLLMENT FORMS,
BENEFICIARY DESIGNATION FORMS AND ANY OTHER FORMS UTILIZED IN THE ADMINISTRATION
OF THE PLAN;
(K)
TO PREPARE AND DISTRIBUTE, IN SUCH MANNER AS THE
ADMINISTRATIVE COMMITTEE DETERMINES TO BE APPROPRIATE, INFORMATION CONCERNING
THE PLAN;
(L)
TO RECEIVE FROM THE EMPLOYER AND FROM
PARTICIPANTS SUCH INFORMATION AS SHALL BE NECESSARY FOR THE PROPER
ADMINISTRATION OF THE PLAN;
(M)
TO ESTABLISH SUCH WRITTEN PROCEDURES AS IT SHALL
DEEM NECESSARY OR PROPER TO DETERMINE THE QUALIFIED STATUS, PURSUANT TO CODE
SECTION 414(P) OF ANY DOMESTIC RELATIONS ORDER RECEIVED BY THE ADMINISTRATIVE
COMMITTEE WHICH AFFECTS THE RIGHT OF A PARTICIPANT AND ANY ALTERNATE PAYEE TO
PAYMENT OF BENEFITS UNDER THE PLAN, AND TO ADMINISTER DISTRIBUTIONS PURSUANT TO
ANY DOMESTIC RELATIONS ORDER WHICH THE ADMINISTRATIVE COMMITTEE DETERMINES TO BE
A QUALIFIED DOMESTIC RELATIONS ORDER WITHIN THE MEANING OF CODE SECTION 414(P);
(N)
TO DELEGATE, BY WRITTEN INSTRUMENT TO ONE OR MORE
ADMINISTRATIVE SUBCOMMITTEES WITH RESPECT TO EACH EMPLOYER, SUCH OF THE POWERS
AND DUTIES ALLOCATED HEREIN TO THE ADMINISTRATIVE COMMITTEE AS IT DEEMS
ADVISABLE; ANY SUCH SUBCOMMITTEE SHALL CONSIST OF PERSONS APPOINTED BY THE
ADMINISTRATIVE COMMITTEE, TAKING INTO CONSIDERATION DESIGNATIONS RECOMMENDED BY
THE PRINCIPAL EXECUTIVE OFFICER OF ANY EMPLOYER; AND
(O)
TO MAKE RECOMMENDATIONS TO THE COMPANY CONCERNING
AMENDMENTS TO THE PLAN.
11.3
CLAIMS PROCEDURE
The Administrative Committee hereby adopts the procedure set forth below for
reviewing benefits claims under the Plans:
(A)
A PARTICIPANT OR BENEFICIARY SHALL SUBMIT ALL
CLAIMS FOR BENEFITS UNDER THE PLANS IN WRITING TO THE ADMINISTRATIVE COMMITTEE.
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(B)
THE ADMINISTRATIVE COMMITTEE SHALL SEND TO THE
PARTICIPANT OR BENEFICIARY WRITTEN NOTICE OF ITS DECISION WITHIN NINETY (90)
DAYS OF RECEIVING THE CLAIM. THE PERIOD MAY BE EXTENDED TO ONE HUNDRED EIGHTY
(180) DAYS IF THE ADMINISTRATIVE COMMITTEE NOTIFIES THE CLAIMANT IN WRITING
WITHIN THE INITIAL NINETY (90) DAY PERIOD THAT SPECIAL CIRCUMSTANCES EXIST WHICH
REQUIRE AN EXTENSION OF THE PERIOD.
THE WRITTEN DECISION FROM THE
ADMINISTRATIVE COMMITTEE SHALL SET FORTH:
(I)
THE SPECIFIC REASONS FOR THE DECISION;
(II)
THE SPECIFIC PLAN