Document:

Exhibit 10.25.2
	 

	 Article
		XXI – FINAL
		401(k) AND 401(m) AMENDMENTS

	  

	 21.01 Adoption
		and Effective Date of Amendment. This
		amendment of the Plan is adopted to reflect the final regulations under
		Internal Revenue Code (Code) sections 401(k) and 401(m). This amendment is
		intended as good faith compliance with the requirements of Code
		sections 401(k) and 401(m) and is to be construed in accordance with
		guidance issued there under. Except as otherwise provided in the numbered
		paragraphs below, this amendment shall be effective as determined pursuant to
		the rules in paragraphs (a) and (b) below:

	  

	 (a) Except
		as otherwise provided in paragraph (b) below, this amendment shall be
		effective for plan years that begin on or after January 1,
		2006.

	  

	 (b) If the
		Plan is maintained pursuant to one or more collective bargaining agreements
		between employee representatives and one or more employers in effect on the
		date described in paragraph (a) above, this amendment shall be effective
		beginning with the later of the first plan year beginning after the termination
		of the last such agreement or the first plan year described in
		paragraph (a) above.

	  

	 21.02 Supersession
		of Inconsistent Provisions. This
		amendment shall supersede the provisions of the Plan to the extent those
		provisions are inconsistent with the provisions of this amendment.

	  

	 21.03 Amendments.

	  

	 (a) Section
		15.17 is amended to read as follows:

	  

	 Qualified
		Nonelective Contributions: The
		Employer may elect to make Qualified Nonelective Contributions (QNEC) under the
		Plan on behalf of Employees as provided in the Adoption Agreement.

	  

	 In
		addition, if the Employer has elected in the Adoption Agreement to use the
		Current Year Testing method, in lieu of distributing Excess Contributions as
		provided in Section 15.04 of the Plan, or Excess Aggregate Contributions
		as provided in Section 15.12 of the Plan, and to the extent elected by the
		Employer in the Adoption Agreement, the Employer may make QNECs on behalf of
		Participants that are sufficient to satisfy either the Actual Deferral
		Percentage test or the Average Contribution Percentage test, or both, pursuant
		to regulations under the Code.

	  

	 In
		addition, if the Prior Year Testing rules apply to the Plan, any QNECs that are
		allocated to the eligible Employees who were Non-Highly Compensated Employees
		(NHCE) for the prior Plan Year for purposes of satisfying the ADP test, the ACP
		test, or both must be contributed before the last day of the current Plan
		Year.

	 

		
		  	
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	 (b) The
		2nd
		sentence of Section 15.06 of the Plan is amended to read as
		follows:

	  

	 Once a
		Current Year Testing election is made, the Employer can elect Prior Year
		Testing for a Plan Year only if the Plan has used Current Year Testing for each
		of the preceding five Plan Years (or if lesser, the number of Plan Years the
		Plan has been in existence) or if, as a result of a merger or acquisition
		described in section 410(b)(6)(C)(i) of the Code, the Employer maintains
		both a plan using Prior Year Testing and a plan using Current Year Testing and
		the change is made within the transition period described in
		section 410(b)(6)(C)(ii) of the Code.

	  

	 (c) Section 15.07(b)
		is revised to read as follows:

	  

	 The ADP
		for any Participant who is a Highly Compensated Employee (HCE) for the Plan
		Year and who is eligible to have Elective Deferrals (and Qualified Nonelective
		Contributions (QNEC) or Qualified Matching Contributions (QMAC) , or both, if
		treated as Elective Deferrals for purposes of the ADP test) allocated to his or
		her accounts under two or more arrangements described in Section 401(k) of
		the Code, that are maintained by the Employer, shall be determined as if such
		Elective Deferrals (and, if applicable, such QNECs or QMACs, or both) were made
		under a single arrangement. If a HCE participates in two or more cash or
		deferred arrangements that have different Plan Years, all Elective Deferrals
		made during the Plan Year under all such arrangements shall be aggregated. For
		Plan Years beginning before January 1, 2006, cash or deferred arrangements
		ending with or within the same calendar year shall be treated as a single
		arrangement. Notwithstanding the foregoing, certain plans shall be treated as
		separate if mandatorily disaggregated under regulations under
		section 401(k) of the Code.

	  

	 (d) A new
		Section 15.07(g) is added to read as follows:

	  

	 QNECs
		may be taken into account in determining the actual deferral ratio for a NHCE
		for a Plan Year only to the extent the contributions do not exceed the product
		of the NHCE’s Compensation and the greater of 5% and two times the
		Plan’s Representative Contribution Rate. Any QNEC taken into account under
		an ACP test under section 1.401(m)-2(a)(6) of the Regulations, (including the
		determination of the Representative Contribution Rate for purposes of section
		1.401(m)-2(a)(6)(v)(B) of the Regulations), is not permitted to be taken into
		account for purposes of section 1.401(k)-2(a)(6) of the Regulations, (including
		the determination of the Representative Contribution Rate under section
		1.401(k)-2(a)(6)(iv)(B) of the Regulations).

	  

	 For
		purposes of this Section 15.07(g), the Plan’s Representative Contribution
		Rate is the lowest applicable contribution rate of any eligible NHCE among a
		group of eligible NHCEs that consists of half of all eligible NHCEs for the
		Plan Year (or, if greater, the lowest applicable contribution rate of any
		eligible NHCE in the group of all eligible NHCEs for the Plan Year and who is
		employed by the Employer on the last day of the Plan Year).

	  

	 For
		purposes of determining the Plan’s Representative Contribution Rate, the
		applicable contribution rate for an eligible NHCE generally is the sum of the
		QMACs taken into 

	 
		

		  
			 	
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	 account
		under section 1.401(k)-2(a)(6) of the Regulations for the eligible NHCE for the
		applicable year and the QNECs made for the eligible NHCE for the applicable
		year, divided by the eligible NHCE’s Compensation for the same
		period.

	  

	 Notwithstanding
		the foregoing, QNECs that are made in connection with a government contract
		allocation formula can be taken into account for a Plan Year for a NHCE to the
		extent such contributions do not exceed 10% of that NHCE’s
		Compensation.

	  

	 QMACs
		will satisfy section 1.401(k)-2(a)(6) of the Regulations only to the extent
		that such QMACs are Matching Contributions that are not precluded from being
		taken into account under the ACP test for the Plan Year as described in section
		1.401(m)-2(a)(5)(ii) of the Regulations.

	  

	 (e) Section
		15.14 is amended to read as follows:

	  

	 If
		elected by the Employer in the Adoption Agreement, the ACP tests in
		Section 15.13, above, will be applied by comparing the current Plan
		Year’s ACP for participants who are HCEs for each Plan Year with the
		current Plan Year’s ACP for participants who are NHCEs. Once made, this
		election can only be undone only if the Plan has used Current Year Testing for
		each of the preceding five Plan Years (or if lesser, the number of Plan Years
		the Plan has been in existence) or if, as a result of a merger or acquisition
		described in Section 410(b)(6)(C)(i) of the Code, the Employer maintains
		both a plan using Prior Year Testing and a plan using Current Year Testing and
		the change is made within the transition period described in
		section 410(b)(6)(C)(ii) of the Code.

	  

	 (f) A new
		Section 15.15(h) is added to read as follows:

	  

	 Matching
		Contributions with respect to an Elective Deferral for a NHCE may be taken into
		account in determining the actual contribution ratio for a NHCE for a Plan Year
		only to the extent the contributions do not exceed the greatest of (A) 5%
		of Compensation; (B) the Employee’s Elective Deferrals for a Plan
		Year; and (C) the product of 2 times the Plan’s Representative
		Matching Rate and the Employee’s Elective Deferrals for a Plan
		Year.

	  

	 For
		purposes of this Section 15.15(h), the Plan’s Representative Matching
		Rate is the lowest matching rate for any eligible NHCE among a group of NHCEs
		that consists of half of all eligible NHCEs in the Plan (or, if greater, the
		lowest matching rate for all eligible NHCEs in the Plan who are employed on the
		last day of the Plan Year and who made Elective Deferrals for the Plan Year).
		In addition, the matching rate for an Employee generally is the Matching
		Contributions made for such Employee divided by the Employee’s Elective
		Deferrals for the Plan Year. If the matching rate is not the same for all
		levels of Elective Deferrals for an Employee, the Employee’s matching rate
		is determined assuming that an Employee’s Elective Deferrals are equal to
		6% of Compensation.

	  

	 If a
		Plan provides a match with respect to the sum of the Employee’s
		Nondeductible Employee Contributions and Elective Deferrals, that sum is
		substituted for the amount of the Employee’s Elective Deferrals referred
		to above and Employees who make either 

	 
		

		  
			 	
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	 Nondeductible
		Employee Contributions or Elective Deferrals are taken into account when
		determining the Plan’s Representative Matching Rate. If a Plan provides a
		match with respect to Nondeductible Employee Contributions, but not with
		respect to Elective Deferrals, the Employee’s Nondeductible Employee
		Contributions are substituted for the amount of the Employee’s Elective
		Deferrals referred to above and Employees who make Nondeductible Employee
		Contributions are taken into account when determining the Plan’s
		Representative Matching Rate.

	  

	 QNECs
		and Elective Deferrals may be taken into account in determining the actual
		contribution ratio for a NHCE for a Plan Year only to the extent the
		contributions do not exceed the product of any NHCE’s Compensation and the
		greater of 5% and 2 times the Plan’s Representative Contribution Rate. Any
		QNEC taken into account under an ADP Test pursuant to
		section 1.401(k)-2(a)(6) of the Regulations, is not permitted to be taken
		into account for purposes of section 1.401(m)-2(a)(6) of the Regulations
		(including the determination of the Representative Contribution Rate under
		section 1.401(m)-2(a)(6)(v)(B) of the Regulations.

	  

	 Notwithstanding
		the foregoing, QNECs that are made in connection with a government contract
		allocation formula can be taken into account for a Plan Year for a NHCE to the
		extent such contributions do not exceed 10% of that NHCEs
		Compensation.

	  

	 (g) All
		references to “The Income or Loss on Distributable Contributions”
		contained in Sections 14.83, 15.08(c), and 15.16(b) is hereby amended in
		its entirety to provide as follows:

	  

	 The
		income or loss allocable to “Excess Deferrals”, “Excess
		Contributions”, and “Excess Aggregate Contributions” shall be
		determined under one of the following methods: The income or loss attributable
		to such distributable contributions shall be the sum of (i) the income or
		loss on such contributions for the “determination year”, determined
		under any reasonable method, plus (ii) the income or loss on such
		contributions for the “gap period”, determined under such reasonable
		method. Any reasonable method used to determine income or loss hereunder shall
		be used consistently for all Participants in determining the income or loss
		allocable to distributable contributions hereunder and shall be the same method
		that is used by the Plan in allocating income or loss to Participants’
		Accounts. For purposes of this paragraph, the “gap period” means the
		period between the end of the “determination year” and the date of
		distribution; provided, however, that income or loss for the “gap
		period” may be determined as of a date that is no more than seven days
		before the date of distribution. 

	  

	 (h) Section
		15.20(b)(1) of the Plan is amended to read as follows:

	  

	 
			(1)  	
				The
				  following are the only financial needs considered immediate and heavy: expenses
				  incurred or necessary for medical care, described in section 213(d) of the
				  Code of the Employee, the Employee’s spouse or dependents; the purchase
				  (excluding mortgage payments) of a principal residence for the Employee;
				  payment of tuition and related educational fees for the next 12 months of
				  postsecondary education for the Employee, the Employee’s spouse, children
				  or 
 

 

	  

	 
		
		  
			 	
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		  dependents;
			 the need to prevent the eviction of the Employee from, or a foreclosure on the
			 mortgage of, the Employee’s principal residence; payments for burial or
			 funeral expenses for the Participant’s deceased parent, spouse, child, or
			 dependent (as defined in Code section 152, and, for taxable years
			 beginning on or after January 1, 2005, without regard to
			 subsection (d)(1)(B) thereof); expenses for the repair of damage to the
			 Participant’s principal residence that would qualify for the casualty
			 deduction under Code section 165 (determined without regard to whether the
			 loss exceeds 10% of adjusted gross income); or any other financial need
			 determined to be immediate and heavy under rules and regulations issued by the
			 Secretary of the Treasury or his delegate; provided, however, that any such
			 financial need shall constitute an immediate and heavy need under this
			 paragraph no sooner than administratively practicable following the date such
			 rule or regulation is issued.
 

		 
 

	 (i) “Distributable
		events will include: Termination of the Plan without the Employer maintaining
		another defined contribution plan (other than an employee stock ownership plan
		as defined in Code § 4975 (e) (7) or 409(a), a simplified employee
		pension plan as defined in § 408(k), a SIMPLE IRA plan as defined in
		§ 408(p), a plan or contract described in § 403(b) or a
		plan described in § 457(b) or (f)) at any time during the period
		beginning on the date of plan termination and ending 12 months after all assets
		have been distributed from the Plan. Such a distribution must be made in a lump
		sum.

	  

	 (j) Testing
		and Corrections of ADP and ACP: Pursuant to the final regulations under 401(k)
		and 401(m), the Employer agrees to adopt the updated IRS language when
		available with respect to cross-testing (if a nonstandardized Adoption
		Agreement is or was adopted), targeted qualified nonelective contributions,
		targeted qualified matching contributions and testing rules that were amended
		pursuant to such regulations, including any subsequent guidance and shall apply
		these rules beginning with the Plan Year that begins on or after
		January 1, 2006.

	 
		 

		
		  
			 
					
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						Page
						  5Exhibit 10.25.3
	 

	 ADDENDUM
		FOR REQUIRED MINIMUM

	 DISTRIBUTIONS
		- PLAN AMENDMENTS

	  

	 SECTION
		1

	 GENERAL
		RULES

	  

	 
			1.01  	
				Effective
				  Date:
 

 

	  

	 
			(a)  	
				Unless
				  an earlier effective date is specified below, the provisions of this article
				  will apply for purposes of determining required minimum distributions for
				  calendar years beginning with the 2003 calendar year.
 

 

	  

	 
			(b)  	
				(    )
				  Section 1.01(a) applies for purposes of determining required minimum
				  distributions for distribution calendar years beginning with the 2003 calendar
				  year, as well as required minimum distributions for the 2002 distribution
				  calendar year that are made on or after ____________.
 

 

	  

	 (Check
		box and enter date, if any required minimum distributions for the 2002
		distribution calendar year were made in accordance with the §401(a)(9)
		Final and Temporary Regulations.)

	  

	 
			1.02  	
				Coordination
				  with Minimum Distribution Requirements Previously in
				  Effect: If this
				  Plan Amendment specifies an effective date of this amendment that is earlier
				  than calendar years beginning with the 2003 calendar year, required minimum
				  distributions for 2002 under this Plan Amendment will be determined as follows.
				  If the total amount of 2002 required minimum distributions under the plan made
				  to the distributee prior to the effective date of this Plan Amendment equals or
				  exceeds the required minimum distributions determined under this Plan
				  Amendment, then no additional distributions will be required to be made for
				  2002 on or after such date to the distributee. If the total amount of 2002
				  required minimum distributions under the Plan made to the distributee prior to
				  the effective date of this Plan Amendment is less than the amount determined
				  under this Plan Amendment, then required minimum distributions for 2002 on and
				  after such date will be determined so that the total amount of required minimum
				  distributions for 2002 made to the distributee will be the amount determined
				  under this Plan Amendment.
 

 

	  

	 
			1.03  	
				Precedence: The
				  requirements of this amendment will take precedence over any inconsistent
				  provisions of the Plan.
 

 

	  

	 
			1.04  	
				Requirements
				  of Treasury Regulations Incorporated: All
				  distributions required under this amendment will be determined and made in
				  accordance with the Treasury regulations under section 401(a)(9) of the
				  Internal Revenue Code.
 

 

	  

	 
			1.05  	
				TEFRA
				  Section 242(b)(2) Elections:
				  Notwithstanding the other provisions of this amendment, distributions may be
				  made under a designation made before January 1, 1984, in accordance with
				  section 242(b)(2) of the Tax Equity and Fiscal Responsibility Act (TEFRA) and
				  the provisions of the plan that relate to section 242(b)(2) of
				  TEFRA.
 

 

	  

	 SECTION
		2

	 TIME
		AND MANNER OF DISTRIBUTION

	  

	 
			2.01  	
				Required
				  Beginning Date: The
				  Participant’s entire interest will be distributed, or begin to be
				  distributed, to the Participant no later than the Participant’s Required
				  Beginning Date.
 

 

	  

	 
			2.02  	
				Death
				  of Participant Before Distributions Begin: If the
				  Participant dies before distributions begin, the participant’s entire
				  interest will be distributed, or begin to be distributed, no later than as
				  follows:
 

 

	  

	 
			(a)  	
				If the
				  Participant’s surviving spouse is the Participant’s sole Designated
				  Beneficiary, then, except as provided in this amendment, 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 701⁄2,
				  if later.
 

 

	  

	 
			(b)  	
				If the
				  Participant’s surviving spouse is not the Participant’s sole
				  Designated Beneficiary, then, except as provided in this amendment,
				  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.
 

 

	  

	 1

	  

	 
 
	  

	 
			(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 begin, this section 2.02, other than
				  section 2.02(a), will apply as if the surviving spouse were the
				  Participant.
 

 

	  

	 For
		purposes of this section 2.02 and section 4, unless section 2.02(d) applies,
		distributions are considered to begin on the Participant’s Required
		Beginning Date. If section 2.02(d) applies, distributions are considered to
		begin on the date distributions are required to begin to the surviving spouse
		under section 2.02(a). If distributions under an annuity purchased from an
		insurance company irrevocably 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 2.02(a)), the date distributions are considered
		to begin is the date distributions actually commence.

	  

	 (Check
		and complete 2.02(e) and/or 2.02(f) if you wish to modify the rules in sections
		2.02 and 4.02 of this plan.)

	  

	 
			(e)  	
				(1)  
				  Election
				  to Apply 5-Year Rule to Distributions to Designated Beneficiaries:

				

 

	  

	 (    )      If the
		Participant dies before distributions begin and there is a Designated
		Beneficiary, distribution to the Designated Beneficiary is not required to
		begin by the date specified in section 2.02 of this Plan, but the
		Participant’s entire interest will be distributed to the Designated
		Beneficiary by December 31 of the calendar year containing the fifth
		anniversary of the Participant’s death. 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 either
		the Participant or the surviving spouse begin, this election will apply as if
		the surviving spouse were the Participant.

	  

	 
			  	
				(2)  
				  This election will apply to:
 

 

	  

	 (    )    
		All
		distributions.

	  

	 (    )   
		 The
		following distributions: ____________________.

	  

	 
			(f)  	
				Election
				  to Allow Participants or Beneficiaries to Elect 5-Year Rule.
 

 

	  

	 (    )    Participants
		or beneficiaries may elect on an individual basis whether the 5-year rule or
		the life expectancy rule in sections 2.02 and 4.02 of this Plan amendment
		applies to distributions after the death of a Participant who has a Designated
		Beneficiary. The election must be made no later than the earlier of September
		30 of the calendar year in which distribution would be required to begin under
		section 2.02 of this Plan amendment, or by September 30 of the calendar year
		which contains the fifth anniversary of the Participant’s (or, if
		applicable, surviving spouse’s) death. If neither the Participant nor
		beneficiary makes an election under this paragraph, distributions will be made
		in accordance with sections 2.02 and 4.02 of this Plan amendment and, if
		applicable, the elections in section 2.02(e) above.

	  

	 
			(g)  	
				Election
				  to Allow Designated Beneficiary Receiving Distributions Under 5-Year Rule to
				  Elect Life Expectancy Distributions.
 

 

	  

	 (    )     A
		Designated Beneficiary who is receiving payments under the 5-year rule may make
		a new election to receive payments under the life expectancy rule until
		December 31, 2003, provided that all amounts that would have been required to
		be distributed under the life expectancy rule for all distribution calendar
		years before 2004 are distributed by the earlier of December 31, 2003 or the
		end of the 5-year period.

	  

	 
			2.03  	
				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 and 4 of this
				  amendment. 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 section 401(a)(9) of the Code and
				  the Treasury regulations.
 

 

	  

	 SECTION
		3

	 REQUIRED
		MINIMUM DISTRIBUTIONS DURING PARTICIPANT’S LIFETIME

	  

	 
			3.01  	
				Amount
				  of Required Minimum Distribution For Each Distribution Calendar
				  Year: During
				  the Participant’s lifetime, the minimum amount that will be distributed
				  for each distribution calendar year is the lesser of:
 

 

	  

	 
			(a)  	
				the
				  quotient obtained by dividing the Participant’s account balance by the
				  distribution period in the Uniform Lifetime Table set forth in section
				  1.401(a)(9)-9 of the Treasury regulations, using the Participant’s age as
				  of the Participant’s birthday in the distribution calendar year;
				  or
 

 

	  

	 
			(b)  	
				if the
				  Participant’s sole Designated Beneficiary for the distribution calendar
				  year is the Participant’s spouse, the quotient obtained by dividing the
				  Participant’s account balance by the number in the Joint and Last Survivor
				  Table set forth in section
 

 

	 
		 

		2

		 

		
 
		 
 

	 
		1.401(a)(9)-9
		  of the Treasury regulations, using the Participant’s and spouse’s
		  attained ages as of the Participant’s and spouse’s birthdays in the
		  distribution calendar year.
 

	  

	 
			3.02  	
				Lifetime
				  Required Minimum Distributions Continue Through Year of Participant’s
				  Death:
				  Required minimum distributions will be determined under this section 3
				  beginning with the first distribution calendar year and up to and including the
				  distribution calendar year that includes the Participant’s date of
				  death.
 

 

	  

	 SECTION
		4

	 REQUIRED
		MINIMUM DISTRIBUTIONS AFTER PARTICIPANT’S DEATH

	  

	 
			4.01  	
				Death
				  On or After Date Distributions Begin:
 

 

	  

	 
			(a)  	
				Participant
				  Survived by Designated Beneficiary: If the Participant dies on or after the
				  date distributions begin and there is a Designated Beneficiary, the minimum
				  amount that will be distributed for each distribution calendar year after the
				  year of the Participant’s death is the quotient obtained by dividing the
				  Participant’s account balance by the longer of the remaining life
				  expectancy of the Participant or the remaining life expectancy of the
				  Participant’s Designated Beneficiary, determined as follows:

				

 

	  

	 
			(1)     
				 	
				The
				  Participant’s remaining life expectancy is calculated using the age of the
				  Participant in the year of death, reduced by one for each subsequent
				  year.
 

 

	  

	 
			(2)     
				 	
				If the
				  Participant’s surviving spouse is the Participant’s sole Designated
				  Beneficiary, the remaining life expectancy of the surviving spouse is
				  calculated for each distribution calendar year after the year of the
				  Participant’s death using the surviving spouse’s age as of the
				  spouse’s birthday in that year. For distribution calendar years after the
				  year of the surviving spouse’s death, the remaining life expectancy of the
				  surviving spouse is calculated using the age of the surviving spouse as of the
				  spouse’s birthday in the calendar year of the spouse’s death, reduced
				  by one for each subsequent calendar year.
 

 

	  

	 
			(3)   
				   	
				If the
				  Participant’s surviving spouse is not the Participant’s sole
				  Designated Beneficiary, the Designated Beneficiary’s remaining life
				  expectancy is calculated using the age of the beneficiary in the year following
				  the year of the Participant’s death, reduced by one for each subsequent
				  year.
 

 

	  

	 
			(b)  	
				No
				  Designated Beneficiary: If the Participant dies on or after the date
				  distributions begin and there is no Designated Beneficiary as of September 30
				  of the year after the year of the Participant’s death, the minimum amount
				  that will be distributed for each distribution calendar year after the year of
				  the Participant’s death is the quotient obtained by dividing the
				  Participant’s account balance by the Participant’s remaining life
				  expectancy calculated using the age of the Participant in the year of death,
				  reduced by one for each subsequent year.
 

 

	  

	 
			4.02  	
				Death
				  Before Date Distributions Begin:
 

 

	  

	 
			(a)  	
				Participant
				  Survived by Designated Beneficiary: Except as provided in this amendment, if
				  the Participant dies before the date distributions begin and there is a
				  Designated Beneficiary, the minimum amount that will be distributed for each
				  distribution calendar year after the year of the Participant’s death is
				  the quotient obtained by dividing the Participant’s account balance by the
				  remaining life expectancy of the Participant’s Designated Beneficiary,
				  determined as provided in section 4.01.
 

 

	  

	 
			(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 Are Required to
				  Begin: If the Participant dies before the date distributions begin, the
				  Participant’s surviving spouse is the Participant’s sole Designated
				  Beneficiary, and the surviving spouse dies before distributions are required to
				  begin to the surviving spouse under section 2.02(a), this section 4.02 will
				  apply as if the surviving spouse were the Participant.
 

 

	  

	 SECTION
		5

	 DEFINITIONS

	  

	 
			5.01  	
				Designated
				  Beneficiary: The
				  individual who is designated as the beneficiary under section 14.58 of the Plan
				  and is the Designated Beneficiary under section 401(a)(9) of the Internal
				  Revenue Code and section 1.401(a)(9)-1, Q&A-4, of the Treasury
				  regulations.
 

 

	 
		 

		3

		 

		
  

	  

	 
			5.02  	
				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, the first distribution calendar
				  year is the calendar year in which distributions are required to begin under
				  section 2.02. The required minimum distribution for the Participant’s
				  first distribution calendar year will be made on or before the
				  Participant’s Required Beginning Date. The required minimum distribution
				  for other distribution calendar years, including the required minimum
				  distribution for the distribution calendar year in which the Participant’s
				  Required Beginning Date occurs, will be made on or before December 31 of that
				  distribution calendar year.
 

 

	  

	 
			5.03  	
				Life
				  expectancy: Life
				  expectancy as computed by use of the Single Life Table in section 1.401(a)(9)-9
				  of the Treasury regulations.
 

 

	  

	 
			5.04  	
				Participant’s
				  account balance: The
				  account balance as of the last valuation date in the calendar year immediately
				  preceding the distribution calendar year (valuation calendar year) increased by
				  the amount of any contributions made and allocated or forfeitures allocated to
				  the account balance as of dates in the valuation calendar year after the
				  valuation date and decreased by distributions made in the valuation calendar
				  year after the valuation date. The account balance for the valuation calendar
				  year includes any amounts rolled over or transferred to the plan either in the
				  valuation calendar year or in the distribution calendar year if distributed or
				  transferred in the valuation calendar year.
 

 

	  

	 
			5.05  	
				Required
				  beginning date: The
				  date specified in section 14.62 of the Plan.
 

 

	  

	 Name of
		Employer: BioFuel
		Energy, L.L.C.

	  

	 Authorized
		Signature: /s/ Scott H.
		Pearce                                  

	  

	 Date:
		December 1,
		2006                                                               

	 
		 

		4

		 

		
  

	 INSTRUCTIONS
		FOR RMD MODEL AMENDMENT

	  

	 IN
		GENERAL

	  

	 PenServ
		as Mass Submitter of your Plan has adopted the attached Required Minimum
		Distributions (RMD) Plan Amendment as an attachment to your Plan
		Document.

	  

	 Your
		Employers need not sign this amendment. If the employer wishes to use these
		rules beginning in 2003 AND the
		defaults listed below are acceptable to them then no action need be taken. This
		RMD Amendment merely is put in their files as an Addendum to the
		Plan.

	  

	 If the
		Employer wishes to change the defaults explained below, then the Employer must
		check the appropriate box(es) prior to adding it as an Addendum to the
		Plan.

	  

	 PLAN
		DEFAULTS

	  

	 Following
		is a list of defaults that will apply unless the Employer elects otherwise by
		checking the appropriate box(es) in the RMD Plan Amendment.

	  

	 
			1.	DEFAULT:	
				The Plan
				  will use the 2002 Final Regulations to determine the minimum distribution
				  amount beginning in calendar year 2003.
 

 

	  

	 
			 	CHANGE:	
				If the
				  Employer has or wishes to use the 2002 Final Regulations to determine the
				  minimum for calendar year 2002, the Employer should check box 1.01(b) and
				  insert the effective date that was or will be used in 2002.
 

 

	  

	 
			2.	DEFAULT: 	
				If the
				  Participant dies prior to the Required Beginning Date (RBD), then the RMD will
				  be based on the appropriate single life expectancy of the Designated
				  Beneficiary(ies).
 

 

	  

	 
			 	CHANGE:	
				If the
				  Employer wishes the “5-year rule” to be the default, then box
				  2.02(e)(1) is checked and one box in 2.02(e)(2) is checked to indicate whether
				  the change will affect all or certain distributions.
 

 

	  

	 
			 	CHANGE:	
				If the
				  Employer wishes to allow each Participant or Designated Beneficiary to choose
				  between the 5-year rule and the single life expectancy rule, then box 2.02(f)
				  is checked. If the Participant or Designated Beneficiary does not make an
				  election, then the default under 2.02 will apply.
 

 

	  

	 
			3.	DEFAULT: 	
				A
				  Designated Beneficiary, already receiving distributions under the 5-year rule
				  may not elect to switch to single life expectancy distributions.

				

 

	  

	 
			 	CHANGE:	
				If the
				  Employer wishes to allow Designated Beneficiaries to switch from the 5-year
				  rule to single life expectancy rule during the transitional period, then the
				  box in 2.02(g) must be checked.
 

 

	  

	 
		5

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