Document:

Exhibit

Exhibit 10.1

FOSSIL GROUP, INC. SAVINGS AND RETIREMENT PLAN

ADOPTION AGREEMENT #003 VOLUME SUBMITTER 401(k) PLAN

The undersigned Employer, by executing this Adoption Agreement, establishes a retirement plan and trust (collectively "Plan") under the Wells Fargo Bank, N.A. Defined Contribution Volume Submitter Plan and Trust (basic plan document #08). The Employer, subject to the Employer's Adoption Agreement elections, adopts fully the Volume Submitter Plan and Trust provisions. This Adoption Agreement, the basic plan document and any attached Appendices or agreements permitted or referenced therein, constitute the Employer's entire plan and trust document. All "Election" references within this Adoption Agreement are Adoption Agreement Elections. All "Article" or "Section" references are basic plan document references. Numbers in parentheses which follow election numbers are  basic  plan  document references. Where an Adoption Agreement election calls for the Employer to supply text, the Employer (without altering the content of any existing printed text) may lengthen any space or line, or create additional tiers. When Employer-supplied text uses terms substantially similar to existing printed options, all clarifications and caveats applicable to the printed options apply to the Employer-supplied text unless the context requires otherwise. The Employer makes the following elections granted under the corresponding provisions of the basic plan document.

ARTICLE I DEFINITIONS

1.    EMPLOYER (1.24).
Name:                                                       Fossil  Group, Inc.          Address:  901                  S                  Central                  Expressway,                  Richardson,                  Texas                  75080          Phone number:  (800)699-3949 (fax 469-364-5201)     
Taxpayer       Identification       Number       (TIN):        75-2018505      E-mail (optional):                                    benefits4me@fossil.com      Employer's Taxable Year (optional):  December 31st     
2.    PLAN (1.42).
Name:  Fossil Group, Inc. Savings and Retirement Plan          Plan number:  002    (3-digit number for Form 5500 reporting)
Trust EIN (optional):      

3.    PLAN/LIMITATION YEAR (1.44/1.34). Plan Year and Limitation Year mean the 12 consecutive month period (except for a short Plan/Limitation Year) ending every:
[Note: Complete any applicable blanks under Election 3 with a specific date, e.g., June 30 OR the last day of February OR the first Tuesday in January. In the case of a Short Plan Year or a Short Limitation Year, include the year, e.g., May 1, 2014.]
Plan Year (Choose one of (a) or (b). Choose (c) if applicable.):
		
	(a)
	[X]    December 31.

		
	(b)
	[   ]    Fiscal Plan Year: ending:    .

		
	(c)
	[   ]    Short Plan Year: commencing:    and ending:    .

Limitation Year (Choose one of (d) or (e). Choose (f) if applicable.):
		
	(d)
	[X] Generally same as Plan Year. The Limitation Year is the same as the Plan Year except where the Plan Year is a short year in which event the Limitation Year is always a 12 month period, unless the short Plan Year (and short Limitation Year) result from a Plan amendment.

		
	(e)
	[   ]    Different Limitation Year: ending:    .

		
	(f)
	[   ]    Short Limitation Year: commencing:    and ending:    .

		
	4.
	EFFECTIVE DATE (1.20). The Employer's adoption of the Plan is a (Choose one of (a) or (b). Complete (c) if new plan OR complete

(c) and (d) if an amendment and restatement. Choose (e) and (f) if applicable.):
		
	(a)
	[   ]    New Plan.

		
	(b)
	[X]    Restated Plan.

PPA RESTATEMENT (leave blank if not applicable)
		
	(1)
	[X]    This is an amendment and restatement to bring a plan into compliance with the Pension Protection Act of 2006 ("PPA") and other legislative and regulatory changes.

Initial Effective Date of Plan (enter date)
		
	(c)
	[X]      July 1, 1992   (hereinafter called the "Effective Date" unless 4(d) is entered below)

Restatement Effective Date (If this is an amendment and restatement, enter effective date of the restatement.)
		
	(d)
	[X] January 1, 2016 (enter month day, year; may enter a restatement date that is the first day of the current Plan Year. The Plan contains appropriate retroactive effective dates with respect to provisions for the appropriate laws if the Plan is a PPA Restatement.) (hereinafter called the "Effective Date")

[Note: See Section 1.54 for the definition of Restated Plan. If this Plan is a PPA Restatement, the PPA restatement Effective Date may be a current date (as the basic plan document supplies the Effective Dates of various PPA and other provisions) or may be a retroactive date. If specific Plan provisions, as reflected in this Adoption Agreement and the basic plan documents, do not have the Effective Dat e stated in this Election 4, indicate as such in the election where called for or in Appendix A.]
		
	(e)
	[X] Restatement of surviving and merging plans. The Plan restates two (or more) plans (Complete 4(c) and (d) above for this (surviving) Plan. Complete (1) below for the merging plan. Choose (2) if applicable. Unless otherwise noted, the restated Effective Date with regard to a merging plan is the later of the date of the merger or the restated Effective Date of this Plan.):

		
	(1)
	Merging plan.  The    Skagen Designs,  Ltd.  Savings  Retirement   Plan was  or  will be merged into this surviving Plan as of: September 1, 2012 . The merging plan's restated Effective Date is: January 1, 2016 . The merging plan's original Effective Date was:   January 1, 1998  .

[See the Note under Election 4(d) if this document is the merging plan's PPA restatement.]
		
	(2)
	[   ]    Additional merging plans. The following additional plans were or will be merged into this surviving Plan (Complete a. and b. as applicable.):

Restated    Original
Name of merging plan    Merger date    Effective Date    Effective Date
		
	a.
	     

		
	b.
	     

		
	(f)
	[   ]    Special Effective Date for Elective Deferral provisions:      

[Note: If Elective Deferral provision is not effective as of the Initial Effective Date or the Restatement Effective Date, enter the date as of which the Elective Deferral provision is effective. The Special Effective Date may not precede the date on which the Employer adopted the Plan.]

5.    TRUSTEE (1.67). The Trustee executing this Adoption Agreement is (Choose one or more of (a), (b), or (c). Choose (d) or (e) if applicable.):
		
	(a)
	[   ]    A discretionary Trustee. See Section 8.02(A).

		
	(b)
	[X]    A nondiscretionary (directed) Trustee or Custodian. See Section 8.02(B).

		
	(c)
	[   ]    A Trustee under the:    (specify name of trust), a separate trust agreement the Trustee has executed and that the IRS has approved for use with this Plan. Under this Election 5(c) the Trustee is not executing the Adoption Agreement and Article VIII of the basic plan document does not apply, except as indicated otherwise in the separate trust agreement. See Section 8.11(C).

		
	(d)
	[   ]    Permitted Trust amendments apply. Under Section 8.11(B) the Employer has made certain permitted amendments to the Trust. Such amendments do not constitute a separate trust under Election 5(c). See Election 59 in Appendix C.

		
	(e)
	[   ]    Use of non-approved trust. A Trustee under the:    (specify name of trust), a separate trust agreement the Trustee has executed for use with this Plan. Under this Election 5(e) the Trustee is not executing the Adoption Agreement and Article VIII of the basic plan document does not apply, except as indicated otherwise in the separate trust agreement. See Section 8.11(C). [Caution: Election 5(e) will result in the Plan losing reliance on its Advisory Letter and the Plan will be an individually designed plan.]

6.    CONTRIBUTION TYPES (1.12). The selections made below should correspond with the selections made under Article III of this Adoption Agreement. (If this is a frozen Plan (i.e., all contributions have ceased), choose (a) only.):
Frozen Plan. See Sections 3.01(J) and 11.04.
		
	(a)
	[   ]    Contributions cease. All Contributions have ceased or will cease (Plan is frozen).

		
	(1)
	[   ]    Effective date of freeze:    [Note: Effective date is optional unless this is the amendment or restatement to freeze the Plan.]

[Note: Elections 20 through 30 and Elections 36 through 38 do not apply to any Plan Year in which the Plan is frozen.]

Contributions. The Employer and/or Participants, in accordance with the Plan terms, make the following Contribution Types to the Plan/Trust (Choose one or more of (b) through (h).):
		
	(b)
	[X]    Pre-Tax Deferrals. See Section 3.02 and Elections 20-23, and 34.

		
	(1)
	[X]    Roth Deferrals. See Section 3.02(E) and Elections 20, 21, and 23. [Note: The Employer may not limit Elective Deferrals to Roth Deferrals only.]

		
	(c)
	[X]    Matching. See Sections 1.35 and 3.03 and Elections 24-26. [Note: The Employer may make an Operational QMAC without electing 6(c). See Section 3.03(C)(2). Do not elect for a safe harbor plan; use 6(e) instead.]

		
	(d)
	[X]    Nonelective. See Sections 1.38 and 3.04 and Elections 27-29. [Note: The Employer may make an Operational QNEC without electing 6(d). See Section 3.04(C)(2).]

		
	(e)
	[ ] Safe Harbor/Additional Matching. The Plan is (or pursuant to a delayed election, may be) a safe harbor 401(k) Plan. The Employer will make (or under a delayed election, may make) Safe Harbor Contributions as it elects in Election 30. The Employer may or may not make Additional Matching Contributions as it elects in Election 30. See Election 26 as to matching Catch-Up Deferrals. See Section 3.05.

		
	(f)
	[   ]    Employee (after-tax). See Section 3.09 and Election 36.

		
	(g)
	[   ]    SIMPLE 401(k). The Plan is a SIMPLE 401(k) Plan. See Section 3.10. [Note: The Employer electing 6(g) must elect a calendar year under 3(a) and may not elect any other Contribution Types except under Elections 6(b) and 6(h).]

		
	(h)
	[   ]    Designated IRA. See Section 3.12 and Election 37.

		
	7.
	DISABILITY (1.16). Disability means (Choose one of (a) or (b).):

		
	(a)
	[X]    Basic Plan. Disability as defined in Section 1.16(A).

		
	(b)
	[   ]    Describe:      

[Note: The Employer may elect an alternative definition of Disability for purposes of Plan distributions. However, the use of an alternative definition may result in loss of favorable tax treatment of the Disability distribution.]

8.    EXCLUDED EMPLOYEES (1.22(D)). The following Employees are not Eligible Employees but are Excluded Employees (Choose one of (a), (b), or (c).):
[Note: Regardless of the Employer's elections under Election 8: (i) Employees of any Related Employers (excluding  the Signatory Employer) are Excluded Employees unless the Related Employer becomes a Participating Employer; and (ii) Reclassified Employees and Leased Employees are Excluded Employees unless the Employer in Appendix B elects otherwise. See Sections 1.22(B), 1.22(D)(3), and 1.24(D). However, in the case of a Multiple Employer Plan, see Section 12.02(B) as to the Employees of the Lead Employer.]
		
	(a)
	[   ]    No Excluded Employees. There are no additional excluded Employees under the Plan as to any Contribution Type (skip to Election 9).

		
	(b)
	[X]    Exclusions - same for all Contribution Types. The following Employees are Excluded Employees for all Contribution Types

(Choose one or more of (e) through (j). Choose column (1) for each exclusion elected at (e) through (i).):
		
	(c)
	[   ]    Exclusions - different exclusions apply. The following Employees are Excluded Employees for the designated Contribution Type (Choose one or more of (d) through (j). Choose Contribution Type as applicable.):

[Note: For this Election 8, unless described otherwise in Election 8(j), Elective Deferrals includes Pre-Tax Deferrals, Roth Deferrals, Employee Contributions and Safe Harbor Contributions. Matching includes all Matching Contributions except Safe Harbor Matching Contributions. Nonelective includes all Nonelective Contributions except Safe Harbor Nonelective Contributions.]

	
											
	Exclusions
	(1)
All
Contributions
	 
	(2)
Elective Deferrals
	(3)

Matching
	(4)

Nonelective

	(d)
	[   ]
	No exclusions. No exclusions as to the designated Contribution Type.
	N/A
(See Election 8(a))
	 
	[
	]
	[
	]
	[
	]

	(e)
	[X]
	Collective Bargaining (union) Employees.
As described in Code §410(b)(3)(A). See Section 1.22(D)(1).
	[X]
	OR
	[
	]
	[
	]
	[
	]

	(f)
	[X]
	Non-Resident Aliens. As described in
Code §410(b)(3)(C). See Section 1.22(D)(2).
	[X]
	OR
	[
	]
	[
	]
	[
	]

	(g)
	[   ]
	HCEs. See Section 1.22(E). See Election 30(f)
as  to  exclusion  of  some  or  all  HCEs  from Safe Harbor Contributions.
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(h)
	[   ]
	Hourly paid Employees.
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	
											
	(i)
	[   ]
	Part-Time/Temporary/Seasonal Employees.
See Section 1.22(D)(4). A Part-Time, Temporary or Seasonal Employee is an Employee whose regularly scheduled       Service       is       less than    (specify a maximum of 1,000) Hours of Service in the relevant Eligibility Computation Period.
[Note: The "relevant" Eligibility Computation Period is the Initial or Subsequent Eligibility Computation Period as defined in Section 2.02(C).]
	[   ]
	OR
	[
	]
	[
	]
	[
	]

[Note: If the Employer under Election 8(i) elects to treat Part-Time, Temporary and Seasonal Employees as Excluded Employees and any such an Employee actually completes at least 1,000 Hours of Service during the relevant Eligibility Computation Period, the Employee becomes an Eligible Employee. See Section 1.22(D)(4).]
		
	(j)
	[X] Describe exclusion category and/or Contribution Type: For All Contributions: temporary and seasonal Employees whose regularly scheduled service is less than 750 Hours of Ser vice in the relevant Eligibility Computation Period; provided, however, that effective on January 1, 2017, (a) the 1,000 Hours of Service threshold in Section 1.22(D)(4) is reduced to "750" in each place it appears in that Section, and (b) if any such temporary or seasonal Employee actually completes at least 750 Hours of Service during the relevant Eligibility Computation Period, the affected Excluded Employee will no longer be an Excluded Employee and will enter the Plan on the next Entry Date following completion of such Eligibility Computation Period.      (e.g., Exclude Division B Employees OR Exclude salaried Employees from Discretionary Matching Contributions.)

[Note: Any exclusion under Election 8(j), except as to Part-Time/Temporary/Seasonal Employees, may not be based on age or Service or level of Compensation. See Election 14 for eligibility conditions based on age or Service. The exclusions entered under Election 8(j) cannot result in the group of Nonhighly Compensated Employees (NHCEs) participating under the plan being only those NHCEs with the lowest amount of compensation and/or the shortest periods of service and who may represent the minimum number of these employees necessary to satisfy coverage under Code §410(b).]

9.    COMPENSATION (1.11(B)). The following base Compensation (as adjusted under Elections 10 and 11) applies in  allocating Employer Contributions (or the designated Contribution Type) (Choose one or more of (a) through (d) and choose Contribution Type as applicable. Choose (e) if applicable.):
[Note: For this Election 9 all definitions include Elective Deferrals unless excluded under Election 11. See Section 1.11(D). Unless described otherwise in Election 9(d), Elective Deferrals includes Pre-Tax Deferrals, Roth Deferrals  and  Employee  Contributions, Matching includes all Matching Contributions and Nonelective includes all Nonelective Contributions. In applying any Plan definition which references Section 1.11 Compensation, where the Employer in this Election 9 elects more than one Compensation definition for allocation purposes, the Plan Administrator will use W-2 Wages for other Plan definitions of Compensation if the Employer has elected W-2 Wages for any Contribution Type or Participant group under Election 9. If the Employer has not elected W-2 Wages, the Plan Administrator for such other Plan definitions will use 415 Compensation. If the Plan is a Multiple Employer Plan, see Section 12.07. Election 9(d) below may cause allocation Compensation to fail to be nondiscriminatory under Treas. Reg. §1.414(s).]

	
											
	Exclusions
	(1)
All
Contributions
	 
	(2)
Elective Deferrals
	(3)

Matching
	(4)

Nonelective

	(a)
	[X] 
	W-2 Wages (plus Elective Deferrals).    
See Section 1.11(B)(1).
	[X]
	OR
	[
	]
	[
	]
	[
	]

	(b)
	[   ]
	Code §3401 Federal Income Tax
Withholding  Wages  (plus  Elective  Deferrals).
See Section 1.11(B)(2).
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(c)
	[   ]
	415 Compensation (simplified).
See Section 1.11(B)(3).
[Note: The Employer may elect an alternative "general 415 Compensation"  definition   by electing 9(c) and by electing the alternative definition in Appendix B. See Section 1.11(B)(4).]
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(d)
	[   ]
	Describe Compensation by Contribution Type or by Participant group:
	 

	[Note: Under Election 9(d), the Employer may: (i) elect Compensation from the elections available under Elections 9(a), (b), or (c), or a combination thereof as to a Participant group (e.g., W-2 Wages for Matching Contributions for Division A Employees and 415 Compensation in all other cases); and/or (ii) define the  Contribution Type  column headings in a manner which differs from the "all-inclusive" description in the Note immediately preceding Election 9(a) (e.g., Compensation for Safe Harbor Matching Contributions means W-2 Wages and for Additional Matching Contributions means 415 Compensation).]

	(e)
	[   ]
	Allocate based on specified 12-month period.
	[   ]
	OR
	[
	]
	[
	]
	[
	]

The allocation of all Contribution Types (or specified Contribution Types) will be made based on Compensation within a specified  12-month period ending within the Plan Year as follows:
     .

		
	10.
	PRE-ENTRY/POST-SEVERANCE COMPENSATION (1.11(H)/(I)). Compensation under Election 9:

[Note: For this Election 10, unless described otherwise in Elections 10(c) or (n), Elective Deferrals includes Pre-Tax Deferrals, Roth Deferrals and Employee Contributions, Matching includes all Matching Contributions and Nonelective includes all Nonelective Contributions. Election 10(c) below may cause allocation Compensation to fail to be nondiscriminatory under Treas. Reg. §1.414(s).]

	
											
	Pre-Entry Compensation (Choose one of (a) or (b). Choose Contribution Type as applicable.):
	(1)
All
Contributions
	 
	(2)
Elective Deferrals
	(3)

Matching
	(4)

Nonelective

	(a)
	[   ]
	Plan Year. Compensation for the entire Plan Year which includes the Participant's Entry Date. [Note: If the Employer under Election 9(e) elects to allocate some or all Contribution Types based on a specified 12-month period, Election 10(a) applies to that 12-month period in lieu of the Plan Year.] 
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(a)
	[X] 
	Participating Compensation. Only Participating Compensation. See Section 1.11(H)(1).
	[X] 
	OR
	[
	]
	[
	]
	[
	]

[Note: Under a Participating Compensation election, in applying any Adoption Agreement elected contribution limit or formula, the Plan Administrator will count only the Participant's Participating Compensation. See Section 1.11(H)(1) as to plan disaggregation.]
		
	(c)
	[   ]    Describe Pre-Entry Compensation by Contribution Type or by Participant group:      

[Note: Under Election 10(c), the Employer may: (i) elect Compensation from the elections available under Pre-Entry Compensation or a combination thereof as to a Participant group (e.g., Participating Compensation for all Contribution Types as to Division A Employees, Plan Year Compensation for all Contribution Types to Division B Employees); and/or (ii) define the Contribution Type column headings in a manner which differs from the "all-inclusive" description in the Note immediately preceding Pre-Entry Compensation (e.g., Compensation for Nonelective Contributions is Participating Compensation and for Safe Harbor Nonelective Contributions is Plan Year Compensation).]
Post-Severance Compensation. The following adjustments apply to Post-Severance Compensation paid within any applicable time period as may be required (Choose one of (d), (e), or (f).):

[Note: Under the basic plan document, if the Employer does not elect any adjustments, post-severance compensation includes regular pay, leave cashouts, and deferred compensation, and excludes military and disability continuation payments.]
		
	(d)
	[ ] None. The Plan includes post-severance regular pay, leave cashouts, and deferred compensation, and excludes post-severance military and disability continuation payments as to any Contribution Type except as required under the basic plan document (skip to Election 11).

		
	(e)
	[   ]    Same for all Contribution Types. The following adjustments to Post-Severance Compensation apply to all Contribution Types

(Choose one or more of (h) through (n). Choose column (1) for each option elected at (h) through (m).):
		
	(f)
	[X] Adjustments - different conditions apply. The following adjustments to Post-Severance Compensation apply to the designated Contribution Types (Choose one or more of (g) through (n). Choose Contribution Type as applicable.):

	
											
	Post-Severance Compensation:   Contributions
	(1)
All
Contributions
	 
	(2)
Elective Deferrals
	(3)

Matching
	(4)

Nonelective

	(g)
	[   ]
	None. The Plan takes into account Post-Severance Compensation as to the designated   Contribution Types   as under the basic plan document.
	N/A
(See Election 10(d))
specified
	OR
	[
	]
	[
	]
	[
	]

	(h)
	[   ]
	Exclude All. Exclude all Post-Severance Compensation. [Note: 415 testing Compensation (versus allocation Compensation) must include Post-Severance Compensation comprised of regular pay. See Section 4.05(F).]
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(i)
	[   ]
	Regular Pay. Exclude Post-Severance Compensation comprised of regular pay. See Section 1.11(I)(1)(a).
[Note:  415  testing  Compensation  (versus allocation  Compensation)  must  include Post-Severance  Compensation comprised  of regular pay. See Section 4.05(F).] 
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(j)
	[   ]
	Leave cash-out. Exclude Post-Severance Compensation   comprised   of   leave   cash-out. See Section 1.11(I)(1)(b).
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(k)
	[X] 
	Deferred Compensation. Exclude Post-Severance  Compensation. See Section 1.11(I)(1)(c). 
	Compensation   comprised   of   deferred

	(l)
	[   ]
	Salary continuation for military service. Include Post-Severance  Compensation  comprised  of  salary continuation for military service. See Section 1.11(I)(2).
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(m)
	[   ]
	Salary continuation for disabled Participants. Include Post-Severance Compensation comprised of  salary  continuation  for  disabled  Participants. See Section 1.11(I)(3). (Choose one of (1) or (2).):
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	 
	(1)
	[   ]    For NHCEs only.
	 
	 
	 
	 
	 
	 
	 
	 

	 
	(2)
	[   ]    For all Participants. The salary continuation will continue for the following fixed or determinable period:   (specify period).
	 
	 
	 
	 
	 
	 
	 
	 

(n)   [   ]    Describe Post-Severance Compensation by Contribution Type or by Participant group:      
[Note: Under Election 10(n), the Employer may: (i) elect Compensation from the elections available under Post-Severance Compensation or a combination thereof as to a Participant group (e.g., Include regular pay Post-Severance Compensation for all Contribution Types as to Division A Employees, no Post-Severance Compensation for all Contribution Types to Division B Employees); and/or (ii) define the Contribution Type column headings in a manner which differs from the "all-inclusive" description in the Note immediately preceding Pre-Entry Compensation (e.g., Compensation for Nonelective Contributions does not include any Post-Severance Compensation and for Safe Harbor Nonelective Contributions includes regular pay Post-Severance Compensation).]

11.    EXCLUDED COMPENSATION (1.11(G)). Apply the following Compensation exclusions to Elections 9 and 10 (Choose one of (a),(b), or (c).):
		
	(a)
	[   ]    No exclusions. Compensation as to all Contribution Types means Compensation as elected in Elections 9 and 10 (skip to Election 12).

		
	(b)
	[X]    Exclusions - same for all Contribution Types. The following exclusions apply to all Contribution Types (Choose one or more of (e) through (l). Choose column (1) for each option elected at (e) through (k).):

		
	(c)
	[   ]    Exclusions - different conditions apply. The following exclusions apply for the designated Contribution Types (Choose one or more of (d) through (l) below. Choose Contribution Type as applicable.):

[Note: In a safe harbor 401(k) plan, allocations qualifying for the ADP or ACP test safe harbors must be based on a nondiscriminatory definition of Compensation. If the Plan applies permitted disparity, allocations also must be based on a nondiscriminatory definition of Compensation if the Plan is to avoid more complex testing. Elections 11(g) through (l) below may cause allocation Compensation to fail to be nondiscriminatory under Treas. Reg. §1.414(s). In a non-safe harbor 401(k) plan, Elections 11(g) through (l) which result in Compensation failing to be nondiscriminatory, may result in more complex nondiscrimination testing. For this Election 11,  unless described otherwise in Election 11(l), Elective Deferrals includes Pre-Tax Deferrals, Roth Deferrals  and  Employee  Contributions, Matching includes all Matching Contributions and Nonelective includes all Nonelective Contributions.]

	
											
	Compensation Exclusion
	(1)
All
Contributions
	 
	(2)
Elective Deferrals
	(3)

Matching
	(4)

Nonelective

	(d)
	[   ]
	No exclusions - limited. No exclusion as to the designated Contribution Type(s).
	N/A
(See Election 11(a))
	 
	[
	]
	[
	]
	[
	]

	(e)
	[   ]
	Elective Deferrals. See Section 1.21.
	N/A
	 
	N/A
	[
	]
	[
	]

	(f)
	[X]
	Fringe benefits. As described in Treas. Reg. §1.414(s)-1(c)(3).
	[X]
	OR
	[
	]
	[
	]
	[
	]

	(g)
	[   ]
	Compensation exceeding $   .
Apply this election to (Choose one of (1) or (2).):
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	 
	(1)
	[   ]    All Participants.
[Note: If the Employer elects Safe Harbor Contributions under Election 6(e), the Employer may  not elect 11(g)(1)  to  limit  the  Safe  Harbor Contribution allocation to the NHCEs.]
	 
	 
	 
	 
	 
	 
	 
	 

	 
	(2)
	[   ]    HCE Participants only.
	 
	 
	 
	 
	 
	 
	 
	 

	(h)
	[   ]
	Bonus.
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(i)
	[   ]
	Commission.
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(j)
	[   ]
	Overtime.
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(k)
	[   ]
	Related Employers. See Section 1.24(C).
(If there are Related  Employers,  choose one or both of (1) and (2).):
	 
	 
	 
	 
	 
	 
	 
	 

	 
	(1)
	[   ]    Non-Participating. Compensation paid to Employees by a Related Employer that is not a Participating Employer.
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	 
	(2)
	[   ]    Participating. As to the Employees of any Participating Employer, Compensation paid by any other Participating Employer to its Employees. See Election 28(g)(2)a.
	[   ]
	OR
	[
	]
	[
	]
	[
	]

(l) [X] Describe Compensation exclusion(s): modifications of compensation for deferral, matching and nonelective contributions to exclude amounts reported as income from (a) stock based programs, (b) without limiting the excl usion of fringe benefits under Election 11(f), [I] tuition reimbursements, [II] housing and car allowances, and [III] COBRA reimbursements, (c) international compe nsation or other payments made from sources outside of the United States,  and (d) cost of living adjustments.     
[Note: Under Election 11(l), the Employer may: (i) describe Compensation from the elections available under Elections 11(d) through (k), or a combination thereof as to a Participant group (e.g., No exclusions as to Division A Employees and exclude bonus as to Division B Employees); (ii) define the Contribution Type column headings in a manner which differs from the "all-inclusive" description in the Note immediately following Election 11(c) (e.g., Elective Deferrals means §125 cafeteria deferrals only OR No exclusions as to Safe Harbor Contributions and exclude bonus as to Nonelective Contributions); and/or (iii) describe another exclusion (e.g., Exclude shift differential pay).]

12.    HOURS OF SERVICE (1.32). The Plan credits Hours of Service for the following purposes (and to the Employees described in Elections 12(d) or (e)) as follows (Choose one or more of (a) through (e) as applicable.):

	
											
	Compensation Exclusion
	(1)
All
Contributions
	 
	(2)
Elective Deferrals
	(3)

Matching
	(4)

Nonelective

	(a)
	[   ]
	Actual Method. See Section 1.32(A)(1).
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(b)
	[   ]
	 Equivalency Method:    
(e.g., daily, weekly, etc.). See Section 1.32(A)(2).
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(c)
	[   ]
	Elapsed Time Method. See Section 1.32(A)(3).
	[   ]
	OR
	[
	]
	[
	]
	[
	]

	(d)
	[X]
	Actual (hourly) and Equivalency (salaried).
Actual Method for  hourly paid Employees  and Equivalency Method: weekly (e.g., daily, weekly, etc.) for salaried Employees.
	[X]
	OR
	[
	]
	[
	]
	[
	]

(e)    [   ]    Describe method:      
[Note: Under Election 12(e), the Employer may describe Hours of Service from the elections available under Elections 12(a) through (d), or a combination thereof as to a Participant group and/or Contribution Type (e.g., For all purposes, Actual Method applies to office workers and Equivalency Method applies to truck drivers).]

13.    ELECTIVE SERVICE CREDITING (1.59(C)). The Plan must credit Related Employer Service under Section 1.24(C) and also must credit certain Predecessor Employer/Predecessor Plan Service under Section 1.59(B). If the Plan is a Multiple Employer Plan, the Plan also must credit Service as provided in Section 12.08. The Plan also elects under Section 1.59(C) to credit as Service the following Predecessor Employer service (Choose one of (a) or (b).):
		
	(a)
	[X]    Not applicable. No elective Predecessor Employer Service crediting applies.

		
	(b)
	[   ]    Applies.  The  Plan  credits  the  specified  service  with  the  following designated  Predecessor  Employers  as  Service  for  the Employer for the purposes indicated (Choose one or both of (1) and (2) as applicable. Complete (3). Choose (4) if applicable.):

[Note: Any elective Service crediting under this Election 13 must be nondiscriminatory.]
	
					
	(1)
	[   ]    All purposes. Credit as Service for all purposes, service with Predecessor Employer(s):(insert as many names as needed).
	 
	 

	(2)
	[   ]    Designated purposes. Credit as Service, service with the following Predecessor Employer(s) for the designated purpose(s):
	(1)
Eligibility
	(2)
(Vesting)
	(3)
Contribution Allocation

	 
	a.   Employer:     
	[   ]
	[   ]
	[   ]

	 
	b.   Employer:     
	[   ]
	[   ]
	[   ]

	 
	c.   Employer:     
	[   ]
	[   ]
	[   ]

	(3)
	Time period. Subject to any exceptions noted under Election 13(b)(4), the Plan credits as Service under Elections 13(b)(1) or
(2) (Choose one or more of a., b., and c. as applicable.):

	 
	a.    [   ]    All. All service, regardless of when rendered.

	 
	b.    [   ]    Service after. All service, which is or was rendered after:    (specify date).

	 
	c.     [   ]    Service before. All service, which is or was rendered before:(specify date).

	(4)
	[   ]    Describe elective Predecessor Employer Service crediting:      

[Note: Under Election 13(b)(4), the Employer may describe service crediting from the elections available under Elections 13(b)(1) through (3), or a combination thereof as to a Participant group and/or Contribution Type (e.g., For all purposes credit all service with X, but credit service with Y only on/after 1/1/05 OR Credit all service for all purposes with entities the Employer acquires after 12/31/04 OR Service crediting for X Company applies only for purposes of Nonelective Contributions and not for Matching Contributions).]

ARTICLE II ELIGIBILITY REQUIREMENTS

		
	14.
	ELIGIBILITY (2.01). To become a Participant in the Plan, an Eligible Employee must satisfy (Choose one of (a), (b), or (c).):

[Note: If the Employer under a safe harbor plan elects "early" eligibility for Elective Deferrals (e.g., less than one Year of Service and age 21), but does not elect early eligibility for any Safe Harbor Contributions, also see Election 30(g).]
[Note: No eligibility conditions apply to Prevailing Wage Contributions. See Section 2.01(D).]
		
	(a)
	[  ]  No conditions. No eligibility conditions as to all Contribution Types. Entry is on the Employment Commencement Date (if that date is also an Entry Date), or if later, upon the next following Plan Entry Date (skip to Election 16).

		
	(b)
	[ ] Eligibility - same for all Contribution Types. To become a Participant in the Plan as to all Contribution Types, an Eligible Employee must satisfy the following eligibility conditions (Choose one or more of (e) through (k). Choose column (1) for each option elected at (e) through (j).):

		
	(c)
	[X] Eligibility - different conditions apply. To become a Participant in the Plan for the designated Contribution Types, an Eligible Employee must satisfy  the following eligibility  conditions (either as to all Contribution Types or as to the designated Contribution Type) (Choose one or more of (d) through (k). Choose Contribution Type as applicable.):

[Note: For this Election 14, unless described otherwise in Election 14(k), or the context otherwise requires, Elective Deferrals includes Pre-Tax Deferrals, Roth Elective Deferrals and Employee Contributions, Matching includes all Matching Contributions (except Safe Harbor Matching Contributions under Section 3.05(E)(3) and Operational QMACs under Section 3.03(C)(2)) and Nonelective includes all Nonelective Contributions (except Safe Harbor Nonelective Contributions under Section 3.05(E)(2) and Operational QNECs under Section 3.04(C)(2)). Safe Harbor includes Safe Harbor Nonelective and Safe Harbor Matching Contributions. If the Employer elects more than one Year of Service as to Additional Matching, the Plan will not satisfy the ACP test safe harbor. See Section 3.05(F)(3).]

	
									
	Eligibility Conditions  
	(1)
All
Contributions
	 
	(2)
Elective Deferrals
	(3)

Matching
	(4)

Nonelective
	(5)
Safe Harbor

	(d)
	[X]
	None. Entry on the Employment Commencement Date (if that date is also an Entry Date) or if later, upon the next following Plan Entry Date.
	N/A
(See Election 14(a))
	[X]
	[   ]
	[   ]
	[   ]

	(e)
	[   ]
	Age   (not to exceed age 21).
	[   ]   
	OR
	[   ]
	[   ]
	[   ]
	[   ]

	(f)
	[X]
	One Year of Service. See Election 16(a).
	[   ] 
	OR
	[   ]
	[   ]
	[X]
	[   ]

	(g)
	[   ]
	Two Years of Service (without an intervening .Break in Service). 100% vesting is required.
[Note: Two Years of Service does not apply to Elective Deferrals,  Safe  Harbor   Contributions or SIMPLE Contributions.]
	N/A
	 
	N/A
	[   ]
	[   ]
	[   ]

	(h)
	[   ]
	           month(s) (not exceeding 12 months
for Elective Deferrals, Safe Harbor Contributions and SIMPLE Contributions and  not  exceeding 24 months for other contributions). If more than 12 months, 100% vesting is required. Service need not be continuous (no minimum Hours of Service required, and is mere passage of time).
	[   ]   
	OR
	[   ]
	[   ]
	[   ]
	[   ]

	 
	 
	[Note: While satisfying a months  of service condition without an  Hours  of  Service  requirement  involves  the mere passage   of   time,   the   Plan   need   not   apply   the Elapsed Time   Method   in   Election   12(c)   above, and still may elect the Actual Method in 12(a) above.]
	 
	 
	 
	 
	 

	 
	 
	              month(s) (not exceeding 12 months   for Elective Deferrals, Safe Harbor Contributions and  SIMPLE  Contributions  and  not  exceeding 24 months  for other  contributions).  If  more  than 12 months, 100% vesting is required. Service need not be continuous (no minimum Hours of Service required, and is mere passage of time). 
	[   ]   
	OR
	[   ]
	[   ]
	[   ]
	[   ]

	 
	 
	[Note:  While  satisfying  a  months  of  service  condition without an  Hours  of  Service  requirement  involves  the mere passage  of  time,  the  Plan  need  not  apply  the Elapsed Time  Method  in  Election  12(c)  above,  and still may elect the Actual Method in 12(a) above.] 
	 
	 
	 
	 
	 

	
									
	 
	 
	              month(s) with at least            Hours of  Service in each month (not exceeding 12 months for Elective Deferrals, Safe Harbor Contributions and SIMPLE Contributions and not exceeding 24 months  for other  contributions).  If  more  than  12 months,  100% vesting  is  required.  If  the Employee does not complete the designated Hours of  Service  each  month  during  the  specified monthly  time  period,  the  Employee  is subject  to the one Year of Service (or two Years of Service if  elect  more  than  12  months)  requirement  as defined in Election 16. The months during which the  Employee  completes  the  specified  Hours  of Service (Choose one of (1) or (2).): 
	[   ]   
	OR
	[   ]
	[   ]
	[   ]
	[   ]

	 
	(1)
	Consecutive. Must be consecutive.
	 
	 
	 
	 
	 
	 

	 
	(2)
	Not consecutive. Need not be consecutive.
	 
	 
	 
	 
	 
	 

	(j)
	[   ]
	 250   Hours of Service within the 3-month time  period  following  the Employee's Employment Commencement Date (not exceeding 12 months for Elective Deferrals, Safe Harbor Contributions and SIMPLE Contributions  and  not  exceeding   24   months for other contributions). If more than 12 months, 100% vesting is required. If the Employee does not complete the designated Hours of Service during the specified time period (if any), the Employee is subject to the one Year of Service (or two Years of Service if elect more than 12 months) requirement as defined in Election 16.
	[   ]   
	OR
	[   ]
	[   ]
	[   ]
	[   ]

	[Note: The Employer may leave the time period option blank in Election 14(j) if the Employer wishes to impose an Hour of Service requirement without specifying a time period within which an Employee must complete the required Hours of Service.]

	(k)
	[X]
	Describe eligibility conditions: Effective on January 1, 2017, (a) with respect to Elective Deferrals for temporary and seasonal Eligible Employees only: (i) he or she must actually complete 750 Hours of Service during the relevant Eligibility Computation Period following such Employee's Employment Commencement Date; and (ii) the requirements under Election 14(d) shall not apply; and (b) with respect to Matching Contributions for temporary and seasonal Eligible Employees only: (i) he or she must actually complete 750 Hours of Service during the relevant Eligibility Computation Period following such Employee's Employment Commencement Date; and (ii) the requirements under Election 14(j) shall not apply.     

[Note: The Employer may use Election 14(k) to describe different eligibility conditions as to different Contribution Types or Employee groups (e.g., As to all Contribution Types, no eligibility requirements for Division A Employees and one Year of Service as to Division B Employees). The Employer also may elect different ages for different Contribution Types and/or to specify different months or Hours of Service requirements under Elections 14(h), (i), or (j) as to different Contribution Types. Any election must satisfy Code §410(a).]

15.    SPECIAL ELIGIBILITY EFFECTIVE DATE (DUAL ELIGIBILITY) (2.01(E)). The eligibility conditions of Election 14 and the entry date provisions of Election 17 apply to all Employees unless otherwise elected below (Choose (a) or (b) if applicable.):
[Note: Elections 15(a) or (b) may trigger a coverage failure under Code §410(b).]
		
	(a)
	[ ] Waiver of eligibility conditions for certain Employees. For all Contribution Types, the eligibility conditions and entry dates apply solely to an Eligible Employee employed or reemployed by the Employer after    (specify date). If the Eligible Employee was employed or reemployed by the Employer by the specified date, the Employee will become a Participant on the latest of: (i) the Effective Date; (ii) the restated Effective Date; (iii) the Employee's Employment Commencement Date or Re-Employment Commencement Date; or (iv) the date the Employee attains age          (not exceeding age 21).

[Note: If the Employer does not wish to impose an age condition under clause (iv) as part of the requirements for the eligibil ity conditions waiver, leave the age blank.]
		
	(b)
	[   ]    Describe special eligibility Effective Date(s):      

[Note: Under Election 15(b), the Employer may describe special eligibility Effective Dates as to a Participant group and/or Contribution Type (e.g., Eligibility conditions apply only as to Nonelective Contributions and solely as to the Eligible Employees of Division B who were hired or reemployed by the Employer after January 1, 2012).]

		
	16.
	YEAR OF SERVICE - ELIGIBILITY (2.02(A)). (Choose (a), (b), and (c) as applicable.):

[Note: If the Employer under Election 14 elects a one or two Year(s) of Service condition (including any requirement which def aults to such conditions under Elections 14(i), (j), and (k)) or elects to apply a Year of Service for eligibility under any other Adoption Agreement election, the Employer should complete this Election 16. The Employer should not complete Election 16 if it elects the Elapsed Time Method for eligibility.]
		
	(a)
	[X] Year of Service. An Employee must complete 1,000 Hour(s) of Service during the relevant Eligibility Computation Period to receive credit for one Year of Service under Article II. [Note: The number may not exceed 1,000. If left blank, the requirement is 1,000 Hours of Service.]

		
	(b)
	[X]   Subsequent Eligibility Computation Periods. After the Initial Eligibility Computation Period described in Section 2.02(C)(2), the Plan measures Subsequent Eligibility Computation Periods as (Choose one of (1), (2), or (3).):

		
	(1)
	[X]    Plan Year.  The  Plan  Year  beginning  with the  Plan  Year  which  includes  the  first  anniversary  of  the  Employee's Employment Commencement Date.

		
	(2)
	[   ]    Anniversary Year. The Anniversary Year, beginning with the Employee's second Anniversary Year.

		
	(3)
	[   ]    Split. The Plan Year as described in Election 16(b)(1) as to:    (describe Contribution Type(s)) and the Anniversary Year as described in Election 16(b)(2) as to:    (describe Contribution Type(s)).

[Note: To maximize delayed entry under a two Years of Service condition for Nonelective Contributions or Matching Contributions, the Employer should elect to remain on the Anniversary Year for such contributions.]

		
	(c)
	[X] Describe:  Effective on January 1, 2017:  the provisions of Election 16(a) shall apply by substituting "750" in Election 16(a) in lieu of "1,000" for purposes of Election 14(k) above.                                                                                                                                        

(e.g., Anniversary Year as to Division A and Plan Year as to Division B.)

17.    ENTRY DATE (2.02(D)). Entry Date means the Effective Date and (Choose one or more of (a) through (g). Choose Contribution Types as applicable.):
[Note: For this Election 17, unless described otherwise in Election 17(g), Elective Deferrals includes Pre-Tax Deferrals, Roth Elective Deferrals and Employee Contributions, Matching includes all Matching Contributions (except Operational QMACs under Section 3.03(C)(2)) and Nonelective includes all Nonelective Contributions (except Operational QNECs under Section 3.04(C)(2)). Entry as to Prevailing Wage Contributions is on the Employment Commencement Date. See Section 2.02(D)(3).]

	
													
	(1)
All
	 
	(2)
Elective
	(3)
	(4)

	Contributions
	 
	Deferrals
	Matching
	Nonelective

	(a)
	[
	]
	Semi-annual. The first day of the first month and of the seventh month of the Plan Year.
	[
	]
	OR
	[
	]
	[
	]
	[
	]

	(b)
	[
	]
	First day of Plan Year.
	[
	]
	OR
	[
	]
	[
	]
	[
	]

	(c)
	[
	]
	First day of each Plan Year quarter.
	[
	]
	OR
	[
	]
	[
	]
	[
	]

	(d)
	[
	]
	The first day of each month.
	[
	]
	OR
	[
	]
	[
	]
	[
	]

	(e)
	[X]
	Immediate. Upon Employment Commencement Date or if later, upon satisfaction of eligibility conditions.
	[X]
	OR
	[
	]
	[
	]
	[
	]

(f)    [   ]    First day of each payroll period.    [   ]    OR    [   ]    [   ]    [   ]
		
	(g)
	[X]    Describe Entry Date(s):   All Contributions:   With respect to temporary and seasonal Eligible  Employees only, effective beginning on January 1, 2017: (i) the Entry Date shall be the first day of the Plan Year coincident with or following

satisfa ction of eligibility conditions; and (ii) the provisions under Election 17(e) shall not apply.
[Note: Under Election 17(g), the Employer may describe Entry Dates from the elections available under Elections 17(a) through (f), or a combination thereof as to a Participant group and/or Contribution Type or may elect additional Entry Dates (e.g., As to Matching Contributions excluding Additional Matching, immediate as to Division A Employees and semi-annual as to Division B Employees OR The earlier of the Plan's semi-annual Entry Dates or the entry dates under the Employer's medical plan).]

18.    PROSPECTIVE/RETROACTIVE ENTRY DATE (2.02(D)). An Employee after satisfying the eligibility conditions in Election 14 will become a Participant (unless an Excluded Employee under Election 8) on the Entry Date (if employed on that date) (Choose one or more of (a) through (f). Choose Contribution Type as applicable.):
[Note: Unless otherwise excluded under Election 8, an Employee who remains employed by the Employer on the relevant date must become a Participant by the earlier of: (i) the first day of the Plan Year beginning after the date the Employee completes the age and service requirements of Code §410(a); or (ii) 6 months after the date the Employee completes those requirements. For this Election 18, unless described otherwise in Election 18(f), Elective Deferrals includes Pre-Tax Deferrals, Roth Deferrals and Employee Contributions, Matching includes all Matching Contributions (except Operational QMACs under Section 3.03(C)(2)) and Nonelective includes all Nonelective Contributions, (except Operational QNECs under Section 3.04(C)(2)).]

	
											
	 
	 
	 
	 
	(1)
	 
	(2)
	(3)
	(4)

	 
	 
	 
	 
	All 
Contributions
	 
	Elective Deferrals
	Matching
	Nonelective

	(a)
	[X]
	Immediately following or coincident with the date
the Employee completes the eligibility conditions.
	[X]
	OR
	[   ]
	[
	]
	[
	]

	(b)
	[
	]
	Immediately following the date the Employee completes the eligibility conditions.
	[   ]
	OR
	[   ]
	[
	]
	[
	]

	(c)
	[
	]
	Immediately preceding or coincident with the date the Employee completes the eligibility conditions.
	N/A
	 
	N/A
	[
	]
	[
	]

	(d)
	[
	]
	Immediately preceding the date the Employee completes the eligibility conditions.
	N/A
	 
	N/A
	[
	]
	[
	]

	(e)
	[
	]
	Nearest the date the Employee completes the eligibility conditions.
	N/A
	 
	N/A
	[
	]
	[
	]

(f)    [   ]    Describe retroactive/prospective entry relative to Entry Date:      
[Note: Under Election 18(f), the Employer may describe the timing of entry relative to an Entry Date from the elections available under Elections 18(a) through (e), or a combination thereof as to a Participant group and/or Contribution Type  (e.g., As to Matching Contributions excluding Additional Matching nearest as to Division A Employees and immediately following as to Division B Employees).]

19.    BREAK IN SERVICE - PARTICIPATION (2.03). The one year hold-out rule described in Section 2.03(C) (Choose one of (a), (b), or (c).):
		
	(a)
	[X]    Does not apply.

		
	(b)
	[   ]    Applies. Applies to the Plan and to all Participants.

		
	(c)
	[   ]    Limited application. Applies to the Plan, but only to a Participant who has incurred a Severance from Employment.

[Note: The Plan does not apply the rule of parity under Code §410(a)(5)(D) unless the Employer in Appendix B specifies otherwise. See Section 2.03(D).]

ARTICLE III
PLAN CONTRIBUTIONS AND FORFEITURES

20.    ELECTIVE DEFERRAL LIMITATIONS (3.02(A)). The following limitations apply to Elective Deferrals under Election 6(b), which are in addition to those limitations imposed under the basic plan document (Choose (a) or choose (b) and (c) as applicable.):
		
	(a)
	[   ]    None. No additional Plan imposed limits (skip to Election 21).

[Note: The Employer under Election 20 may not impose a lower deferral limit applicable only to Catch-Up Eligible Participants and the Employer's elections must be nondiscriminatory. The elected limits apply to Pre-Tax Deferrals and to Roth Deferrals unless described otherwise. Under a safe harbor plan: (i) NHCEs must be able to defer enough to receive the maximum Safe Harbor Matching and Additional Matching Contribution under the Plan and must be permitted to defer any lesser amount; and (ii) the Employer may limit Elective Deferrals to a whole percentage of Compensation or to a whole dollar amount. See Section 1.57(C) as to administrative limitations on Elective Deferrals.]

		
	(b)
	[X]    Additional Plan limit(s). (Choose (1) and (2) as applicable. Complete (3) if (1) or (2) is chosen.):

		
	(1)
	[X]    Maximum deferral amount. A Participant's Elective Deferrals may not exceed:   5%   (specify dollar amount and/or percentage of Compensation).

		
	(2)
	[X]    Minimum deferral amount. A Participant's Elective Deferrals may not be less than:   1%   (specify dollar amount and/or percentage of Compensation).

		
	(3)
	Application of limitations. The Election 20(b)(1) and (2) limitations apply based on Elective Deferral Compensation described in Elections 9 - 11. If the Employer elects Plan Year/Participating Compensation under column (1) and in Election 10 elects Participating Compensation, in the Plan Years commencing after an Employee becomes a Participant,  apply the  elected minimum or maximum limitations to the Plan Year. Apply the elected limitation based on such Compensation during the designated time period and only to HCEs as elected below. (Choose a. or choose b. and c. as applicable. Under each of a., b., or c. choose one of (1) or (2). Choose (3) if applicable.):

	
							
	 
	(1) 
Plan Year/Participating Compensation
	(2)
Payroll period
	(3)
HCEs only

	a.
	[   ]
	Both. Both limits under Elections 20(b)(1) and (2).
	[   ]
	[
	]
	[   ]

	b.
	[X]
	Maximum limit. The maximum amount limit under Election 20(b)(1).
	[X]
	[
	]
	[X]

	c.
	[X]
	Minimum limit. The minimum amount limit under Election 20(b)(2).
	[X]
	[
	]
	[   ]

		
	(c)
	[   ]    Describe Elective Deferral limitation(s):      

[Note: Under Election 20(c), the Employer: (i) may describe limitations on Elective Deferrals from the elections available under Elections 20(a) and (b) or a combination thereof as to a Participant group (e.g., No limit applies to Division A Employees. Division B Employees may not defer in excess of 10% of Plan Year Compensation); (ii) may elect a different time period to which the limitations apply; and/or
(iii) may apply a different limitation to Pre-Tax Deferrals and to Roth Deferrals.]

		
	21.
	AUTOMATIC DEFERRAL (ACA/EACA/QACA) (3.02(B)). The Automatic Deferral provisions of Section 3.02(B) (Choose one of

(a) or (b). Also see Election 34 regarding Automatic Escalation of Salary Reduction Agreements.):
		
	(a)
	[X]    Do not apply. The Plan is not an ACA, EACA, or QACA (skip to Election 22).

		
	(b)
	[ ] Apply. The Automatic Deferral Effective Date is the effective date of automatic deferrals or, as appropriate, any subsequent amendment thereto. (As to an EACA or QACA, this provision may not be effective earlier than Plan Years beginning on or after January 1, 2008). (Complete (1), (2), and (3). Complete (4) and (5) if an EACA or an EACA/QACA. Choose (6), (7), and/or (8) as applicable.):

		
	(1)
	Type of Automatic Deferral Arrangement. The Plan is an (Choose one of a., b., or c.):

	
				
	a.
	[
	]
	ACA. The Plan is an Automatic Contribution Arrangement (ACA) under Section 3.02(B)(1).

	b.
	[
	]
	EACA. The Plan is an Eligible Automatic Contribution Arrangement (EACA) under Section 3.02(B)(2).

	c.
	[
	]
	EACA/QACA. The Plan is a combination EACA and Qualified Automatic Contribution Arrangement (QACA) under Sections 3.02(B)(3) and 3.05(J).

[Note: If the Employer chooses Elections 21(b)(1)c, the Employer also must choose election 6(e) and complete Election 30 as to the Safe Harbor Contributions under the QACA.]
		
	(2)
	Participants affected. The Automatic Deferral applies to (Choose one of a., b., c., or d. Choose e. if applicable.):

	
				
	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.
	[
	]
	Election of at least Automatic Deferral Percentage. 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 Percentage.

	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 (not applicable to QACA). Each Employee whose Entry Date is on or following the Automatic Deferral Effective Date.

	e.
	[
	]
	Describe affected Participants (not applicable to QACA):                                                                                       

[Note: The Employer in Election 21(b)(2)e. may further describe affected Participants, e.g., non-Collective Bargaining Employees OR Division A Employees. However, for Plan Years commencing on or after January 1, 2010, all Employees eligible to defer must be Covered Employees to apply the 6-month correction period without excise tax under Code §4979.]
		
	(3)
	Automatic Deferral Percentage/Scheduled increases. (Choose one of a., b., or c.):

		
	a.
	[ ] Fixed percentage. The Employer, as to each Participant affected, will withhold  as  the  Automatic  Deferral Percentage,    % from the Participant's Compensation each payroll period unless the Participant makes a Contrary Election. The Automatic Deferral Percentage will or will not increase in Plan Years following the Plan Year containing the Automatic Deferral Effective Date (or, if later, the Plan Year or partial Plan Year in which the Automatic Deferral first applies to a Participant) as follows (Choose one of d., e., or f.):

[Note: In order to satisfy the QACA requirements, enter an amount between 6% and 10% if no scheduled increase.]
		
	b.
	[   ]    QACA statutory increasing schedule. The Automatic Deferral Percentage will be:

	
		
	Plan Year of application to a Participant
	Automatic Deferral Percentage

	1
	3%

	2
	3%

	3
	4%

	4
	5%

	5 and thereafter
	6%

		
	c.
	[   ]    Other increasing schedule. The Automatic Deferral Percentage will be:

	
		
	Plan Year of application to a Participant
	Automatic Deferral Percentage

	—
	—%

	—
	—%

	—
	—%

	—
	—%

	—
	—%

	
				
	d.
	[
	]
	No scheduled increase. The Automatic Deferral Percentage applies in all Plan Years.

	e.
	[
	]
	Automatic increase. The Automatic Deferral Percentage will increase by   % per year up to a maximum of   % of Compensation.

	f.
	[
	]
	Describe increase:     

[Note: To satisfy the QACA requirements, the Automatic Deferral Percentage must be: (i) a fixed percentage which is at least 6 % and not more than 10% of Compensation; (ii) an increasing Automatic Deferral Percentage in accordance with the schedule under Election 20(b)(3)b.; or (iii) an alternative schedule which must require, for each Plan Year, an Automatic Deferral Percentage that is at least equal to the Automatic Deferral Percentage under the schedule in Election 21(b)(3)b. and which does not exceed 10%. See Section 3.02(B)(3).]
		
	(4)
	EACA permissible withdrawal. The permissible withdrawal provisions of Section 3.02(B)(2)(d) (Choose one of a., b., or c.):

		
	a.
	[  ]    Do not apply.

		
	b.
	[  ]    90 day withdrawal. Apply within 90 days of the first Automatic Deferral.

		
	c.
	[  ]    30-90 day withdrawal. Apply, within    days of the first Automatic Deferral (may not be less than 30 nor more than 90 days).

		
	(5)
	Contrary Election/Covered Employee. For Plan Years beginning on or after January 1, 2010, any Participant who makes a Contrary Election (Choose one of a. or b.; leave blank if an ACA or a QACA not subject to the ACP test.):

		
	a.
	[ ] Covered Employee. Is a Covered Employee and continues to be covered by the EACA provisions. [Note: Under this Election, the Participant's Contrary Election will remain in effect, but the Participant must receive the EACA annual notice.]

		
	b.
	[ ] Not a Covered Employee. Is not a Covered Employee and will not continue to be covered by the EACA provisions. [Note: Under this Election, the Participant no longer must receive the EACA annual notice, but the Plan cannot use the six-month period for relief from the excise tax of Code §4979(f)(1).]

		
	(6)
	Change Date. The Elective Deferrals under Election 21(b)(3)b., c., e., or f. will increase on the following day each Plan Year:

		
	a.
	[   ]    First day of the Plan Year.

		
	b.
	[   ]    Other:      

(must be a specified or definitely determinable date that occurs at least annually)
		
	(7)
	First Year of Increase. The automatic increase under Election 21(b)(3)e. or f. will apply to a Participant beginning with the first Change Date after the Participant first has automatic deferrals withheld, unless a. is selected below:

		
	a.
	[   ]    The increase will apply as of the second Change Date thereafter.

		
	(8)
	[   ]    Describe Automatic Deferral:      

[Note: Under Election 21(b)(8), 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, 2013).]

		
	22.
	CODA (3.02(C)). The CODA provisions of Section 3.02(C) (Choose one of (a) or (b).):

		
	(a)
	[X]    Do not apply.

		
	(b)
	[  ]  Apply. For each Plan Year for which the Employer makes a designated CODA contribution under Section 3.02(C), a Participant may elect to receive directly in cash not more than the following portion (or, if less, the Elective Deferral Limit) of his/her proportionate share of that CODA contribution (Choose one of (1) or (2).):

		
	(1)
	[   ]    All or any portion.

(2)    [   ]    %

23.    CATCH-UP DEFERRALS (3.02(D)). The Plan permits Catch-Up Deferrals unless the Employer elects otherwise below. (Choose (a) if applicable.)
(a)   [   ]    Not Permitted. May not make Catch-Up Deferrals to the Plan.

24.    MATCHING CONTRIBUTIONS (EXCLUDING SAFE HARBOR MATCH AND ADDITIONAL MATCH UNDER SECTION 3.05) (3.03(A)). The Employer Matching Contributions under Election 6(c) are subject to the following additional elections regarding type (discretionary/fixed), rate/amount, limitations and time period (collectively, such elections are "the matching formula") and the allocation of Matching Contributions is subject to Section 3.06 except as otherwise provided (Choose one or more of (a) through (g) as applicable; then, for the elected match, complete (1), (2), and/or (3) as applicable. If the Employer completes (2) or (3), also complete one of (4), (5), or (6).):
[Note: If the Employer wishes to make any Matching Contributions that satisfy the ADP or ACP safe harbor, the Employer should make these Elections under Election 30, and not under this Election 24.]

	
										
	 
	(1)

Match
Rate/Amt
[$/% of Elective
Deferrals]
	(2)
Limit on
Deferrals
Matched
[$/% of
Compensation]
	(3)

Limit on
Match Amount
[$/% of
Compensation]
	(4)

Apply
limit(s) per
Plan Year
["true-up"]
	(5)
Apply
limit(s) per
payroll
period [no
"true-up"]
	(6)
Apply
limit(s) per
designated
time period
[no "true-up"]

	(a)
	[ X ] 
	Discretionary – see
Section 1.35(B) (The
Employer may, but is
not required to
complete (a)(1)-(6).
See the "Note"
following Election 24.)

	____
	____
	____
	____
	[   ] 
	[   ] 
	[   ] 

	(b)
	[   ] 
	Fixed – uniform
rate/amount

	____
	____
	____
	____
	[   ] 
	[   ] 
	[   ] 

	(c)
	[   ] 
	Fixed – tiered

	Elective Deferral %
    %
    %
    %
    %
	Matching Rate %
    %
    %
    %
    %

	____
	____
	[   ] 
	[   ] 
	[   ] 

	(d)
	[   ] 
	Fixed – Years of Service

	 
	 
	____
	____
	[   ] 
	[   ] 
	[   ] 

		
	(1)
	"Years of Service" under this Election 24(d) means (Choose one of a. or b.):

		
	a.
	[   ]    Eligibility. Years of Service for eligibility in Election 16.

		
	b.
	[   ]    Vesting. Years of Service for vesting in Elections 43 and 44.

	
									
	(e)
	[   ] 
	Fixed – multiple
formulas
	Formula 1: ____
	____
	____
	[   ] 
	[   ] 
	[   ] 

	 
	 
	 
	Formula 2: ____
	____
	____
	[   ] 
	[   ] 
	[   ] 

	 
	 
	 
	Formula 3: ____
	____
	____
	[   ] 
	[   ] 
	[   ] 

 

		
	(f)
	[X] Related and Participating Employers. If any Related and Participating Employers (or in the case of a Multiple Employer Plan, Participating Employers regardless of whether they are Related Employers) contribute Matching Contributions to the Plan, the following apply (Complete (1) and (2).):

		
	(1)
	Matching formula. The matching formula for the Participating Employer(s) (Choose one of a. or b.):

		
	a.
	[X]    All the same. Is (are) the same as for the Signatory Employer under this Election 24.

		
	b.
	[   ]    At least one different. Is (are) as follows:    .

		
	(2)
	Allocation sharing. The Plan Administrator will allocate the Matching Contributions made by the Signatory Employer and by any Participating Employer (Choose one of a. or b.):

		
	a.
	[   ]    Employer by Employer. Only to the Participants directly employed by the contributing Employer.

		
	b.
	[X]    Across Employer lines. To all Participants regardless of which Employer directly employs them and regardless of whether their direct Employer made Matching Contributions for the Plan Year.

[Note: Unless the Plan is a Multiple Employer Plan, the Employer should not elect 24(f) unless there are Related Employers which are also Participating Employers. See Section 1.24(D).]
		
	(g)
	[ ]      Describe:       (The formula described must satisfy the definitely determinable requirement under Treas. Reg. §1.401-1(b). If the formula is non-uniform, it is not a design-based safe harbor for nondiscrimination purposes.)

[Note: See Section 1.35(A) as to Fixed Matching Contributions. A Participant's Elective Deferral percentage is equal to the Participant's Elective Deferrals divided by his/her Compensation. The matching rate/amount is the specified rate/amount of match for the corresponding Elective Deferral amount/percentage. Any Matching Contributions apply to Pre-Tax Deferrals and to Roth Deferrals unless described otherwise in Election 24(g). Matching Contributions for nondiscrimination testing purposes are subject to the targeting limitations. See Section 4.10(D). The Employer under Election 24(a) in its discretion may determine the amount of a Discretionary Matching Contribution and the matching contribution formula. Alternatively, the Employer in Election 24(a) may specify the Discretionary Matching Contribution formula.]

		
	25.
	QMAC (PLAN-DESIGNATED) (3.03(C)(1)). The following provisions apply regarding Plan-Designated QMACs (Choose one of

(a) or (b).):
[Note: Regardless of its elections under this Election 25, the Employer under Section 3.03(C)(2) may elect for any Plan Year where the Plan is using Current Year Testing to make Operational QMACs which the Plan Administrator will allocate only to NHCEs for purposes of correction of an ADP or ACP test failure.]
		
	(a)
	[X]    Not applicable. There are no Plan-Designated QMACs.

		
	(b)
	[   ]    Applies. There are Plan-Designated QMACs to which the following provisions apply (Complete (1) and (2).):

		
	(1)
	Matching Contributions affected. The following Matching Contributions (as allocated to the designated allocation group under Election 25(b)(2)) are Plan-Designated QMACs (Choose one of a. or b.):

		
	a.
	[   ]    All. All Matching Contributions.

		
	b.
	[   ]    Designated. Only the following Matching Contributions under Election 24:    .

		
	(2)
	Allocation Group. Subject to Section 3.06, allocate the Plan-Designated QMAC (Choose one of a. or b.):

		
	a.
	[   ]    NHCEs only. Only to NHCEs who make Elective Deferrals subject to the Plan-Designated QMAC.

		
	b.
	[   ]    All Participants. To all Participants who make Elective Deferrals subject to the Plan-Designated QMAC.

The Plan Administrator will allocate all other Matching Contributions as Regular Matching Contributions under Section 3.03(B), except as provided in Sections 3.03(C)(2) or 3.05.
[Note: See Section 4.10(D) as to targeting limitations applicable to QMAC nondiscrimination testing.]

26.    MATCHING CATCH-UP DEFERRALS (3.03(D)). If a Participant makes a Catch-Up Deferral, the Employer (Choose one of (a) or (b); leave blank if Election 23(a) is selected.):
		
	(a)
	[   ]    Match. Will apply to the Catch-Up Deferral (Choose one of (1) or (2).):

		
	(1)
	[   ]    All. All Matching Contributions.

		
	(2)
	[   ]    Designated. The following Matching Contributions in Election 24:    .

		
	(b)
	[X]    No Match. Will not match any Catch-Up Deferrals.

[Note: Election 26 does not apply to a safe harbor 401(k) plan unless the Employer will apply the ACP test. See Elections 38(a)(2)b. In this case, Election 26 applies only to Additional Matching, if any. A safe harbor 401(k) Plan will apply the Basic Match, QACA Basic Match or Enhanced Match to Catch-Up Deferrals. If the Employer elects to apply the ACP test safe harbor under Election 38(a)(2)a., Election 26 does not apply and the Plan also will apply any Additional Match to Catch-Up Deferrals.]

27.    NONELECTIVE CONTRIBUTIONS (TYPE/AMOUNT) INCLUDING PREVAILING WAGE CONTRIBUTIONS (3.04(A)). The Employer Nonelective Contributions under Election 6(d) are subject to the following additional elections as to type and amount (Choose one or more of (a) through (e) as applicable.):
		
	(a)
	[X]    Discretionary. An amount the Employer in its sole discretion may determine.

		
	(b)
	[   ]    Fixed. (Choose one or more of (1) through (3) as applicable.):

	
				
	(1)
	[
	]
	Uniform %.   % of each Participant's Compensation, per   (e.g., Plan Year, month).

	(2)
	[
	]
	Fixed dollar amount. $   , per   (e.g., Plan Year, month, HOS, per Participant per month).

	(3)
	[
	]
	Describe:                                                                                                                                                                                

	 
	 
	 
	(The formula described must satisfy the definitely determinable requirement under Treas. Reg. §1.401-1(b). If the formula is non-uniform, it is not a design-based safe harbor for nondiscrimination purposes.)

[Note: The Employer under Election 27(b)(3) may specify any Fixed Nonelective Contribution formula not described under Elections 27(b)(1) or (2) (e.g., For each Plan Year, 2% of net profits exceeding $50,000, or The cash value of unused paid time off, as described in Section 3.04(A)(2)(a) and the Employer's Paid Time Off Plan) and/or the Employer may describe different Fixed Nonelective Contributions as applicable to different Participant groups (e.g., A Fixed Nonelective Contribution equal to 5% of Plan Year Compensation applies to Division A Participants and a Fixed Nonelective Contribution equal to $500 per Participant each Plan Year applies to Division B Participants).]
		
	(c)
	[ ] Prevailing Wage Contribution. The Prevailing Wage Contribution amount(s) specified for the Plan Year or other applicable period in the Employer's Prevailing Wage Contract(s). The Employer will make a Prevailing Wage Contribution only to Participants covered by the Contract and only as to Compensation paid under the Contract. The Employer must specify the Prevailing Wage Contribution by attaching an appendix to the Adoption Agreement that indicates the contribution rate(s) applicable to the prevailing wage employment/job classification(s). If the Participant accrues an allocation of Employer Contributions (including forfeitures) under the Plan or any other Employer plan in addition to the Prevailing Wage Contributi on, the Plan Administrator will (Choose one of (1) or (2).):

		
	(1)
	[   ]    No  offset.  Not  reduce  the  Participant's  Employer  Contribution  allocation  by  the  amount  of  the  Prevailing  Wage Contribution.

		
	(2)
	[   ]    Offset. Reduce the Participant's Employer Contribution allocation by the amount of the Prevailing Wage Contribution.

		
	(d)
	[X] Related and Participating Employers. If any Related and Participating Employers (or in the case of a Multiple Employer Plan, Participating Employers regardless of whether they are Related Employers) contribute Nonelective Contributions to the Plan, the contribution formula(s) (Choose one of (1) or (2).):

		
	(1)
	[X]    All the same. Is (are) the same as for the Signatory Employer under this Election 27.

		
	(2)
	[   ]    At least one different. Is (are) as follows:    .

[Note: Unless the Plan is a Multiple Employer Plan, the Employer should not elect 27(d) unless there are Related Employers which are also Participating Employers. See Section 1.24(D). The Employer electing 27(d) also must complete Election 28(g) as to the allocation methods which apply to the Participating Employers.]
		
	(e)
	[   ]   Describe:       (The formula described must satisfy the definitely determinable requirement under Treas. Reg. §1.401-1(b). If the formula is non-uniform, it is not a design-based safe harbor for nondiscrimination purposes.)

[Note: Under Election 27(e), the Employer may describe the amount and type of Nonelective Contributions from the elections available under Election 27 and/or a combination thereof as to a Participant group (e.g., A Discretionary Nonelective Contribution applies to Division A Employees. A Fixed Nonelective Contribution equal to 5% of Plan Year Compensation applies to Division B Employees).]

28.    NONELECTIVE CONTRIBUTION ALLOCATION (3.04(B)). The Plan Administrator, subject to Section 3.06, will allocate to each Participant any Nonelective Contribution (excluding QNECs) under the following contribution allocation formula (Choose one or more of
(a) through (h) as applicable.):
		
	(a)
	[X]    Pro rata. As a uniform percentage of Participant Compensation.

		
	(b)
	[   ]    Permitted disparity. In accordance with the permitted disparity allocation provisions of Section 3.04(B)(2), under which the following permitted disparity formula and definition of "Excess Compensation" apply (Complete (1) and (2).):

		
	(1)
	Formula (Choose one of a., b., or c.):

		
	a.
	[   ]    Two-tiered.

		
	b.
	[   ]    Four-tiered.

		
	c.
	[   ]    Two-tiered, except that the four-tiered formula will apply in any Plan Year for which the Plan is top-heavy.

		
	(2)
	Excess Compensation. For purposes of Section 3.04(B)(2), "Excess Compensation" means Compensation in excess of the integration level provided below (Choose one of a. or b.):

		
	a.
	[   ]    Percentage amount.    % (not exceeding 100%) of the Taxable Wage Base in effect on the first day of the Plan Year, rounded to the next highest $    (not exceeding the Taxable Wage Base).

		
	b.
	[   ]    Dollar amount. The following amount: $    (not exceeding the Taxable Wage Base in effect on the first day of the Plan Year).

		
	(c)
	[   ] Incorporation  of contribution formula. The Plan Administrator will allocate  any Fixed  Nonelective Contribution under Elections 27(b), 27(d), or 27(e), or any Prevailing Wage Contribution under Election 27(c), in accordance with the contribution formula the Employer adopts under those Elections.

		
	(d)
	[   ]    Classifications  of  Participants.  [This  is  a  nondesigned  based  safe  harbor  allocation  method.]  In  accordance  with  the classifications allocation provisions of Section 3.04(B)(3). (Complete (1) and (2).):

		
	(1)
	Description  of  the classifications.  [This  is  a  nondesigned  based  safe harbor  allocation  method.] The  classifications are

(Choose one of a., b., or c.):
[Note: Typically, the Employer would elect 28(d) where it intends to satisfy nondiscrimination requirements using "cross-testing" under Treas. Reg. §1.401(a)(4)-8. However, choosing this election does not necessarily require application of cross-testing and the Plan may be able to satisfy nondiscrimination as to its classification-based allocations by testing allocation rates.]
		
	a.
	[   ]    Each in own classification. Each Participant constitutes a separate classification.

		
	b.
	[   ]    NHCEs/HCEs. Nonhighly Compensated Employee/Participants and Highly Compensated Employee/Participants.

		
	c.
	[   ]    Describe the classifications:      

[Note: Any classifications under Election 28(d) must result in a definitely determinable allocation under Treas. Reg. §1.401-1(b)(1)(ii). The classifications cannot limit the NHCEs benefiting under the Plan only to those NHCE/Participants with the lowest Compensation and/or the shortest periods of Service and who may represent the minimum number of benefiting NHCEs necessary to pass coverage under Code
§410(b).  In  the  case  of  a  self-employed  Participant  (i.e.,  sole  proprietorships  or  partnerships),  the  requirements  of  Treas.  Reg.
§1.401(k)-1(a)(6) apply and the allocation method should not result in a cash or deferred election for the self-employed Participant. The Employer by the due date of its tax return (including extensions) must advise the Plan Administrator or Trustee in writing as to the allocation rate applicable to each Participant under Election 28(d)(1)a. or applicable to each classification under Elections 28(d)(1)b. or
c. for the allocation Plan Year.]
		
	(2)
	Allocation method within each classification. Allocate the Nonelective Contribution within each classification as follows

(Choose one of a., b., or c.):

	
				
	a.
	[
	]
	Pro rata. As a uniform percentage of Compensation of each Participant within the classification.

	b.
	[
	]
	Flat dollar. The same dollar amount to each Participant within the classification.

	c.
	[
	]
	Describe:                                                                                                                                                                         
(e.g., Allocate pro rata to NHCEs and flat dollar to HCEs.)

		
	(e)
	[ ] Age-based. [This is a nondesigned based safe harbor allocation  method.]  In  accordance  with  the  age-based  allocation provisions of Section 3.04(B)(5). The Plan Administrator will use the Actuarial Factors based on the following assumptions (Complete both (1) and (2).):

		
	(1)
	Interest rate. (Choose one of a., b., or c.):

a.    [   ]    7.5%    b.    [   ]   8.0%    c.    [   ]   8.5%

		
	(2)
	Mortality table. (Choose one of a. or b.):

		
	a.
	[   ]    UP-1984. See Appendix D.

		
	b.
	[   ]    Alternative:    (Specify 1983 GAM, 1983 IAM, 1971 GAM or 1971 IAM and attach applicable tables using such mortality table and the specified interest rate as replacement Appendix D.)

		
	(f)
	[ ] Uniform points. In accordance with the uniform points allocation provisions of Section 3.04(B)(6). Under the uniform points allocation formula, a Participant receives (Choose one or both of (1) and (2). Choose (3) if applicable.):

		
	(1)
	[   ]    Years of Service.    point(s) for each Year of Service. The maximum number of Years of Service counted for points is    .

"Year of Service" under this Election 28(f) means (Choose one of a. or b.):
		
	a.
	[   ]    Eligibility. Years of Service for eligibility in Election 16.

		
	b.
	[   ]    Vesting. Years of Service for vesting in Elections 43 and 44.

[Note: A Year of Service must satisfy Treas. Reg. §1.401(a)(4)-11(d)(3) for the uniform points allocation to qualify as a safe harbor allocation under Treas. Reg. §1.401(a)(4)-2(b)(3).]
		
	(2)
	[   ]    Age.    point(s) for each year of age attained during the Plan Year.

		
	(3)
	[   ]    Compensation.    point(s) for each $    (not to exceed $200) increment of Plan Year Compensation.

		
	(g)
	[X] Related and Participating Employers. If any Related and Participating Employers (or in the case of a Multiple Employer Plan, Participating Employers regardless of whether they are Related Employers) contribute Nonelective Contributions to the Plan, the Plan Administrator will allocate the Nonelective Contributions made by the Participating Employer(s) under Election 27(d) (Complete (1) and (2).):

		
	(1)
	Allocation Method. (Choose one of a. or b.):

		
	a.
	[X]    All the same. Using the same allocation method as applies to the Signatory Employer under this Election 28.

		
	b.
	[   ]    At least one different. Under the following allocation method(s):    .

		
	(2)
	Allocation sharing. The Plan Administrator will allocate the Nonelective Contributions made by the Signatory Employer and by any Participating Employer (Choose one of a. or b.):

		
	a.
	[   ]    Employer by Employer. Only to the Participants directly employed by the contributing Employer.

		
	b.
	[X]    Across Employer lines. To all Participants regardless of which Employer directly employs them and regardless of whether their direct Employer made Nonelective Contributions for the Plan Year.

[Note: Unless the Plan is a Multiple Employer Plan, the Employer should not elect 28(g) unless there are Related Employers which are also Participating Employers. See Section 1.24(D) and Election 27(d). If the Employer elects 28(g)(2)a., the Employer should also elect 11(k)(2), to disregard the Compensation paid by "Y" Participating Employer in determining the allocation of the "X" Participating Employer contribution to a Participant (and vice versa) who receives Compensation from both X and Y. If the Employer elects 28(g)(2)b., the Employer should not elect 11(k)(2). Election 28(g)(2)a. does not apply to Safe Harbor Nonelective Contributions.]
		
	(h)
	[   ]   Describe:       (The formula described must satisfy the definitely determinable requirement under Treas. Reg. §1.401-1(b). If the formula is non-uniform, it is not a design-based safe harbor for nondiscrimination purposes.)

29.    QNEC (PLAN-DESIGNATED) (3.04(C)(1)). The following provisions apply regarding Plan-Designated QNECs (Choose one of (a)   
         or (b).):
[Note: Regardless of its elections under this Election 29, the Employer under Section 3.04(C)(2) may elect for any Plan Year where the Plan is using Current Year Testing to make Operational QNECs which the Plan Administrator will allocate only to NHCEs for purposes of correction of an ADP or ACP test failure.]
		
	(a)
	[X]    Not applicable. There are no Plan-Designated QNECs.

		
	(b)
	[   ]    Applies. There are Plan-Designated QNECs to which the following provisions apply (Complete (1), (2), and (3).):

		
	(1)
	Nonelective Contributions affected. The following Nonelective Contributions (as allocated to the designated allocation group under Election 29(b)(2)) are Plan-Designated QNECs (Choose one of a. or b.):

		
	a.
	[   ]    All. All Nonelective Contributions.

		
	b.
	[   ]    Designated. Only the following Nonelective Contributions under Election 27:    .

		
	(2)
	Allocation Group. Subject to Section 3.06, allocate the Plan-Designated QNEC (Choose one of a. or b.):

		
	a.
	[   ]    NHCEs only. Only to NHCEs under the method elected in Election 29(b)(3).

		
	b.
	[   ]    All Participants. To all Participants under the method elected in Election 29(b)(3).

		
	(3)
	Allocation Method. The Plan Administrator will allocate a Plan-Designated QNEC using the following method (Choose one of a., b., c., or d.):

		
	a.
	[   ]    Pro rata.

		
	b.
	[   ]    Flat dollar.

		
	c.
	[   ]    Reverse. See Section 3.04(C)(3).

		
	d.
	[   ]    Describe:       (The formula described must satisfy the definitely determinable requirement under Treas. Reg. §1.401-1(b). If the formula is non-uniform, it is not a design-based safe harbor for nondiscrimination purposes.)

[Note: See Section 4.10(D) as to targeting limitations applicable to QNEC nondiscrimination testing.]

30.    SAFE HARBOR 401(k) PLAN (SAFE HARBOR CONTRIBUTIONS/ADDITIONAL MATCHING CONTRIBUTIONS) (3.05). The Employer under Election 6(e) will (or in the case of the Safe Harbor Nonelective Contribution may) contribute the following Safe Harbor Contributions described in Section 3.05(E) and will or may contribute Additional Matching Contributions described in Section 3.05(F) (Choose one of (a) through (e) when and as applicable. Complete (f) and (i). Choose (g), (h), and (j) as applicable.):
		
	(a)
	[   ]    Safe Harbor Nonelective Contribution (including QACA). The Safe Harbor Nonelective Contribution equals    % of a Participant's Compensation [Note: The amount in the blank must be at least 3%. The Safe Harbor Nonelective Contribution applies toward (offsets) most other Employer Nonelective Contributions. See Section 3.05(E)(12).]

		
	(b)
	[   ]    Safe Harbor Nonelective Contribution (including QACA)/delayed  year-by-year  election  (maybe  and  supplemental notices). In connection with the Employer's provision of the maybe notice under Section 3.05(I)(1), the Employer elects into safe harbor status by giving the supplemental notice and by making this Election 30(b) to provide for a Safe Harbor Nonelective Contribution equal to          % (specify amount at least equal to 3%) of a Participant's Compensation. This Election 30(b) and safe harbor status applies for the Plan Year ending:    (specify Plan Year end), which is the Plan Year to which the Employer's maybe and supplemental notices apply.

[Note: An Employer distributing the maybe notice can use election 30(b) without completing the year. Doing so requires the Plan to perform Current Year Testing unless the Employer decides to elect safe harbor status. If the Employer wishes to elect safe harbor status for a single year, the Employer must amend the Plan to enter the Plan Year end above.]
		
	(c)
	[   ]   Basic Matching Contribution. A Matching Contribution equal to 100% of each Participant's Elective Deferrals not exceeding 3% of the Participant's Compensation, plus 50% of each Participant's Elective Deferrals in excess of 3% but not in excess of 5% of the Participant's Compensation. See Sections 1.35(E) and 3.05(E)(4). (Complete (1).):

		
	(1)
	Time period. For purposes of this Election 30(c), "Compensation" and "Elective Deferrals" mean Compensation and Elective Deferrals for:    . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]

		
	(d)
	[   ] QACA Basic Matching Contribution.  A Matching Contribution equal to 100% of a Participant's Elective Deferrals not exceeding 1% of the Participant's Compensation, plus 50% of each Participant's Elective Deferrals in excess of 1% but not in excess of 6% of the Participant's Compensation. (Complete (1).): [Note: This election is available only if the Employer has elected the QACA automatic deferrals provisions under Election 21.]

		
	(1)
	Time period. For purposes of this Election 30(d), "Compensation" and "Elective Deferrals" mean Compensation and Elective Deferrals for:    . [Note: The Employer must complete the blank line with the applicable time period for computing the QACA Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]

		
	(e)
	[   ] Enhanced Matching Contribution (including QACA). See Sections 1.35(F) and 3.05(E)(6). (Choose one of (1) or (2) and complete (3) for any election.):

		
	(1)
	[   ]    Uniform percentage. A Matching Contribution equal to    % of each Participant's Elective Deferrals but not as to Elective Deferrals exceeding ______% of the Participant's Compensation.

		
	(2)
	[   ] Tiered formula. A Matching Contribution equal to the specified matching rate for the corresponding level of each Participant's Elective Deferral percentage. A Participant's Elective Deferral percentage is equal  to  the  Participant's Elective Deferrals divided by his/her Compensation.

Elective Deferral Percentage    Matching Rate
     %        %
     %        %
     %        %
		
	(3)
	Time period. For purposes of this Election 30(e), "Compensation" and "Elective Deferrals" mean Compensation and Elective Deferrals for:    . [Note: The Employer must complete the blank line with the applicable time period for computing the Enhanced Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]

[Note: The matching rate may not increase as the Elective Deferral percentage increases and the Enhanced Matching formula otherwise must satisfy the requirements of Code §§401(k)(12)(B)(ii) and (iii) (taking into account Code §401(k)(13)(D)(ii) in the case of a QACA). If the Employer elects to satisfy the ACP safe harbor under Election 38(a)(2)a., the Employer also must limit Elective Deferrals taken into account for the Enhanced Matching Contribution to a maximum of 6% of Plan Year Compensation.]
		
	(f)
	Participants who will receive Safe Harbor Contributions. The allocation of Safe Harbor Contributions (Choose one of (1), (2), or (3). Choose (4) if applicable.):

		
	(1)
	[   ]    Applies to all Participants. Applies to all Participants except as may be limited under Election 30(g).

		
	(2)
	[ ] NHCEs only. Is limited to NHCE Participants only and may be limited further under Election 30(g). No HCE will receive a Safe Harbor Contribution allocation.

		
	(3)
	[ ] NHCEs and designated HCEs. Is limited to NHCE Participants and to the following HCE Participants and may be limited further under Election 30(g):    .

[Note: Any HCE allocation group the Employer describes under Election 30(f)(3) must be definitely determinable. (e.g., Division "A" HCEs OR HCEs who own more than 5% of the Employer without regard to attribution rules).]
		
	(4)
	[ ]  Applies to all Participants except Collective Bargaining Employees. Notwithstanding Elections 30(f)(1), (2) or (3), the Safe Harbor Contributions are not allocated to Collective Bargaining (union) Employees and may be further limited under Election 30(g).

		
	(g)
	[ ] Early Elective  Deferrals/delay of Safe Harbor Contribution. The  Employer may elect this Election  30(g) only if the Employer in Election 14 elects eligibility requirements for Elective Deferrals of less than age 21 and/or one Year of Service but elects age 21 and one Year of Service for Safe Harbor Matching or for Safe Harbor Nonelective Contributions. The Employer under this Election 30(g) applies the rules of Section 3.05(D) to limit the allocation of any Safe Harbor Contribution under Election 30 for a Plan Year to those Participants who the Plan Administrator in applying the OEE rule described in Section 4.06(C), treats as benefiting in the disaggregated plan covering the Includible Employees.

		
	(h)
	[   ]    Another plan. The Employer will make the Safe Harbor Contribution to the following plan:    .

		
	(i)
	Additional Matching Contributions. See Sections 1.35(G) and 3.05(F). (Choose one of (1) or (2).):

		
	(1)
	[ ] No Additional Matching Contributions. The Employer will not make any Additional Matching Contributions to its safe harbor Plan.

		
	(2)
	[   ]    Additional Matching Contributions. The Employer will or may make the following Additional Matching Contributions to its safe harbor Plan. (Choose a., b., and c. as applicable.):

		
	a.
	[   ]    Fixed Additional Matching Contribution. The following Fixed Additional Matching Contribution (Choose (i) and (ii) as applicable and complete (iii) for any election.):

		
	(i)
	[   ]    Uniform percentage. A Matching Contribution equal to          % of each Participant's Elective Deferrals but not as to Elective Deferrals exceeding           % of the Participant's Compensation.

		
	(ii)
	[ ]  Tiered formula. A Matching Contribution equal to the specified matching rate for the corresponding level of each Participant's Elective Deferral percentage. A Participant's Elective Deferral percentage is equal to the Participant's Elective Deferrals divided by his/her Compensation.

Elective Deferral Percentage    Matching Rate
     %        %
     %        %
     %        %
		
	(iii)
	Time period. For purposes of this Election 30(i)(2)a., "Compensation" and  "Elective Deferrals" mean Compensation and Elective Deferrals for:    . [Note: The Employer must complete the blank line with the applicable time period for computing the Additional Match, e.g., each payroll period, each calendar month, each Plan Year quarter OR the Plan Year. If the Employer elects a match under both (i) and (ii) and will apply a different time period to each match, the Employer may indicate as such in the blank line.]

	
			
	b.
	[   ]
	Discretionary Additional Matching Contribution. The Employer may make a Discretionary Additional Matching Contribution. If the Employer makes a Discretionary Matching Contribution, the Discretionary Matching Contribution will not apply as to Elective Deferrals exceeding            % of the Participant's Compensation (complete

	 
	 
	the blank if applicable or leave blank).

	 
	(i)
	Time period. For purposes of this Election  30(i)(2)b., "Compensation" and  "Elective Deferrals" mean Compensation and Elective Deferrals for:   . [Note: The Employer must complete the blank line with the applicable time period for computing the Additional Discretionary Matching Contribution, e.g., each payroll period, each calendar month, each Plan Year quarter OR the Plan Year. If the Employer fails to specify a time period, the Employer is deemed to have elected to compute i ts Additional Matching Contribution based on the Plan Year.]

	c.
	[   ]
	Describe Additional Matching Contribution formula and time period:     

	 
	 
	(The formula described must satisfy the definitely determinable requirement under Treas. Reg. §1.401-1(b) and, if the Employer elects to satisfy the ACP safe harbor under Election 38(a)(2)a., the formula must comply with Section 3.05(G).)

[Note: If the Employer elects to satisfy the ACP safe harbor under Election 38(a)(2)a. then as to any and all Matching Contributions, including Fixed Additional Matching Contributions and Discretionary Additional Matching Contributions: (i) the matching rate may not increase as the Elective Deferral percentage increases; (ii) no HCE may be entitled to a greater rate of match than any NHCE; (iii) the Employer must limit Elective Deferrals taken into account for the Additional Matching Contributions to a maximum of 6% of Plan Year Compensation; (iv) the Plan must apply all Matching Contributions to Catch-Up Deferrals; and (v) in the case of a Discretionary Additional Matching Contribution, the contribution amount may not exceed 4% of the Participant's Plan Year Compensation.]
		
	(j)
	[ ] Multiple Safe Harbor Contributions in disaggregated Plan. The Employer elects to make different Safe  Harbor Contributions and/or Additional Matching Contributions to disaggregated parts of its Plan under Treas. Reg. §1.401(k)-1(b)(4) as                                                                                                                                                                                 follows:       (Specify contributions for disaggregated plans, e.g., as to collectively bargained employees a 3% Nonelective Safe Harbor Contribution applies and as to non-collectively bargained employees, the Basic Matching Contribution applies).

31.    ALLOCATION CONDITIONS (3.06(B)/(C)). The Plan does not apply any allocation conditions to: (i) Elective Deferrals; (ii) Safe Harbor Contributions; (iii) Additional Matching Contributions which will satisfy the ACP test safe harbor; (iv) Employee Contributions;
(v) Rollover Contributions; (vi) Designated IRA Contributions; (vii) SIMPLE Contributions; or (viii) Prevailing Wage Contributions. To receive an allocation of Matching Contributions, Nonelective Contributions or Participant forfeitures, a Participant must  satisfy the following allocation condition(s) (Choose one of (a) or (b). Choose (c) if applicable.):
		
	(a)
	[   ]    No conditions. No allocation conditions apply to Matching Contributions, to Nonelective Contributions or to forfeitures.

		
	(b)
	[X] Conditions. The following allocation conditions apply to the designated Contribution Type and/or forfeitures (Choose one or more of (1) through (7). Choose Contribution Type as applicable.):

[Note: For this Election 31, except as the Employer describes otherwise in Election 31(b)(7) or as provided in Sections 3.03(C)(2) and 3.04(C)(2) regarding Operational QMACs and Operational QNECs,  Matching includes all Matching Contributions and Nonelective includes all Nonelective Contributions to which allocation conditions may apply. The Employer under Election 31(b)(7) may not impose an Hour of Service condition exceeding 1,000 Hours of Service in a Plan Year.]

	
								
	 
	 
	 
	(1)
Matching,
Nonelective
and Forfeitures
	 
	(2)

Matching
	(3)

Nonelective
	(4)

Forfeitures

	(1)
	[X]
	None.
	N/A 
(See Election 31(a))

	 
	[X]
	[   ]
	[   ]

	(2)
	[   ]
	501 HOS/terminees (91 consecutive days if Elapsed Time). See Section 3.06(B)(1)(b).
	[   ]
	OR
	[   ]
	[   ]
	[   ]

	(3)
	[X]
	Last day of the Plan Year.
	[   ]
	OR
	[   ]
	[X]
	[   ]

	(4)
	[   ]
	Last day of the Election 31(c) time period.
	[   ]
	OR
	[   ]
	[   ]
	[   ]

	(5)
	[X]
	1,000 HOS in the Plan Year (182 consecutive days in Plan Year if Elapsed Time).
	[   ]
	OR
	[   ]
	[X]
	[   ]

	(6)
	[   ]
	    (specify) HOS within the Election 31(c) time period, (but not exceeding 1,000 HOS in a Plan Year).
	[   ]
	OR
	[   ]
	[   ]
	[   ]

	(7)
	[   ]
	Describe conditions: ______________________________________________________________________
(e.g., Last day of the Plan Year as to Nonelective Contributions for Participating Employer "A" Participants. No
allocation conditions for Participating Employer "B" Participants.)

		
	(c)
	[   ]    Time period. Under Section 3.06(C), apply Elections 31(b)(4), (b)(6), or (b)(7) to the specified contributions/forfeitures based on each (Choose one or more of (1) through (5). Choose Contribution Type as applicable.):

	
													
	(1)
	[
	]
	Plan Year.
	[
	]
	OR
	[
	]
	[
	]
	[
	]

	(2)
	[
	]
	Plan Year quarter.
	[
	]
	OR
	[
	]
	[
	]
	[
	]

	(3)
	[
	]
	Calendar month.
	[
	]
	OR
	[
	]
	[
	]
	[
	]

	(4)
	[
	]
	Payroll period.
	[
	]
	OR
	[
	]
	[
	]
	[
	]

	(5)
	[
	]
	Describe time period:      

[Note: If the Employer elects 31(b)(4) or (b)(6), the Employer must choose (c). If the Employer elects 31(b)(7), choose (c) if applicable.]

32.    ALLOCATION CONDITIONS - APPLICATION/WAIVER/SUSPENSION (3.06(D)/(F)). Under Section 3.06(D), in the event of Severance from Employment as described below, apply or do not apply Election 31(b) allocation conditions to the specified contributions/forfeitures as follows (If the Employer elects 31(b), the Employer must complete Election 32. Choose one of (a) or (b). Complete (c).):
[Note: For this Election 32, except as the Employer describes otherwise in Election 31(b)(7) or as provided in Sections 3.03(C)(2) and 3.04(C)(2) regarding Operational QMACs and Operational QNECs,  Matching includes all Matching Contributions and Nonelective includes all Nonelective Contributions to which allocation conditions may apply.]
		
	(a)
	[X]    Total waiver or application. If a Participant incurs a Severance from Employment on account of or following death, Disability or attainment of Normal Retirement Age or Early Retirement Age (Choose one of (1) or (2).):

		
	(1)
	[X]    Do not apply. Do not apply elected allocation conditions to Matching Contributions, to Nonelective Contributions or to forfeitures.

		
	(2)
	[   ]    Apply. Apply elected allocation conditions to Matching Contributions, to Nonelective Contributions and to forfeitures.

		
	(b)
	[ ] Application/waiver as to Contribution Types events. If a Participant incurs a Severance from Employment, apply allocation conditions except such conditions are waived if Severance from Employment is on account of or following death, Disability or attainment of Normal Retirement Age or Early Retirement Age as specified, and as applied to the specified Contribution Types/forfeitures (Choose one or more of (1) through (4). Choose Contribution Type as applicable.):

	
									
	 
	(1)
	 
	(2)
	(3)
	(4)

	Matching, Nonelective and Forfeitures
	 
	

Matching
	

Nonelective
	

Forfeitures

	(1)
	[
	]
	Death.
	[   ]
	OR
	[   ]
	[   ]
	[   ]

	(2)
	[
	]
	Disability.
	[   ]
	OR
	[   ]
	[   ]
	[   ]

	(3)
	[
	]
	Normal Retirement Age.
	[   ]
	OR
	[   ]
	[   ]
	[   ]

	(4)
	[
	]
	Early Retirement Age.
	[   ]
	OR
	[   ]
	[   ]
	[   ]

		
	(c)
	Suspension. The suspension of allocation conditions of Section 3.06(F) (Choose one of (1) or (2).):

		
	(1)
	[X]    Applies. Applies as follows (Choose one of a., b., or c.):

		
	a.
	[X]    Both. Applies both to Nonelective Contributions and to Matching Contributions.

		
	b.
	[   ]    Nonelective. Applies only to Nonelective Contributions.

		
	c.
	[   ]    Match. Applies only to Matching Contributions.

		
	(2)
	[   ]    Does not apply.

		
	33.
	FORFEITURE ALLOCATION METHOD (3.07). (Choose one of (a) or (b).):

[Note: Even if the Employer elects immediate vesting, the Employer should complete Election 33. See Section 7.07.]
		
	(a)
	[   ]    Safe harbor/top-heavy exempt. Apply all forfeitures to Safe Harbor Contributions and Plan expenses in accordance with Section 3.07(A)(4).

		
	(b)
	[X] Apply to Contributions. The Plan Administrator will allocate a Participant forfeiture attributable to all Contribution Types or attributable to all Nonelective Contributions or to all Matching Contributions as follows (Choose one or more of (1) through (6) and choose Contribution Type as applicable. Choose (5) only in conjunction with at least one other election.):

	
											
	 
	 
	 
	 
	(1)
	 
	(2)
	(3)

	 
	 
	 
	 
	All 
Forfeitures
	 
	Non Elective Forfeitures
	Matching Forfeitures

	(2)
	[
	]
	Additional Match. Allocate as additional Discretionary Matching Contribution.
	[
	]
	OR
	[
	]
	[
	]

	(3)
	[
	]
	Reduce Nonelective. Apply to Nonelective Contribution.
	[
	]
	OR
	[
	]
	[
	]

	(4)
	[X]
	Reduce Match. Apply to Matching Contribution.
	[X]
	OR
	[
	]
	[
	]

	(5)
	[X]
	Plan expenses. Pay reasonable Plan expenses. (See Section 7.04(C).)
	[X]
	OR
	[
	]
	[
	]

	(6)
	[   ]
	Describe:      (must satisfy the definitely determinable requirement under Treas. Reg. §1.401-1(b) and be applied in a uniform and nondiscriminatory manner; e.g., Forfeitures attributable to transferred balances from Plan X are allocated only to former Plan X participants.)

34.    AUTOMATIC ESCALATION (3.02(G)). The Automatic Escalation provisions of Section 3.02(G) (Choose one of (a) or (b). See Election 21 regarding Automatic Deferrals. Automatic Escalation applies to Participants who have a Salary Reduction Agreement in effect.):
		
	(a)
	[X]    Do not apply.

		
	(b)
	[   ]    Apply. (Complete (1), (2), (3), and if appropriate (4).):

		
	(1)
	Participants affected. The Automatic Escalation applies to (Choose one of a., b., or c.):

	
				
	a.
	[
	]
	All Deferring Participants. All Participants who have a Salary Reduction Agreement in effect to defer at least   % of Compensation.

	b.
	[
	]
	New Deferral Elections. All Participants who file a Salary Reduction Agreement after the effective date of this Election, or, as appropriate, any amendment thereto, to defer at least   % of Compensation.

	c.
	[
	]
	Describe affected Participants:     

[Note: The Employer in Election 34(b)(1)c. may further describe affected Participants, e.g., non-Collective Bargaining Employees OR Division A Employees. The group of Participants must be definitely determinable and if an EACA under Election 21, must be uniform.]
		
	(2)
	Automatic Increases. (Choose one of a. or b.):

		
	a.
	[  ]  Automatic increase. The Participant’s Elective Deferrals will increase by  % per year up to a maximum of  % of Compensation unless the Participant has filed a Contrary Election after the effective date of this Election or, as appropriate, any amendment thereto.

		
	b.
	[   ]    Describe increase:      

[Note: The Employer in Election 34(b)(2)b. may define different increases for different groups of Participants or may otherwise limit Automatic Escalation. Any such provisions must be definitely determinable.]
		
	(3)
	Change Date. The Elective Deferrals will increase on the following day each Plan Year:

		
	a.
	[   ]    First day of the Plan Year.

		
	b.
	[   ]    Other:      

(must be a specified or definitely determinable date that occurs at least annually)
		
	(4)
	First Year of Increase. The automatic escalation provision will apply to a participant beginning with the first Change Date after the Participant files a Salary Reduction Agreement (or, if sooner, the effective date of this Election, or, as appropriate, any amendment thereto), unless a. is selected below:

		
	a.
	[   ]    The escalation provision will apply as of the second Change Date thereafter.

35.    IN-PLAN  ROTH  ROLLOVER  CONTRIBUTION  (3.08(E)).  The  following  provisions  apply  regarding  In-Plan  Roth  Rollover Contributions (Choose one of (a) or (b); also see Election 56(d)(1); leave blank if Election 6(b)(1) is not selected.):
		
	(a)
	[X]    Not Applicable. The Plan does not permit In-Plan Roth Rollover Contributions.

		
	(b)
	[   ]    Applies. The Plan permits In-Plan Roth Rollover Contributions. (Choose (1) if applicable.)

		
	(1)
	[   ]    Effective Date.    (enter date not earlier than September 28, 2010; may be left blank if same as Plan or Restatement Effective Date).

36.    EMPLOYEE (AFTER-TAX) CONTRIBUTIONS (3.09). The following additional elections apply to Employee Contributions under Election 6(f). (Choose one or both of (a) and (b) if applicable.):
(a)    [   ]    Additional limitations. The Plan permits Employee Contributions subject to the following limitations, if any, in addition to those already imposed under the Plan:      
[Note: Any designated limitation(s) must be the same for all Participants and must be definitely determinable (e.g., Employee Contributions may not exceed the lesser of $5,000 dollars or 10% of Compensation for the Plan Year and/or Employee Contributi ons may not be less than $50 or 2% of Compensation per payroll period).]
(b)    [   ]    Apply  Matching  Contribution.  For  each  Plan  Year,  the  Employer's  Matching  Contribution  made  as  to  Employee Contributions is:      
[Note: The Employer Matching Contribution formula must be the same for all Participants and must be definitely determinable (e.g., A fixed Matching Contribution equal to 50% of Employee Contributions not exceeding 6% of Plan Year Compensation or A Discretionary Matching Contribution based on Employee Contributions).]

		
	37.
	DESIGNATED  IRA  CONTRIBUTIONS  (3.12).  Under  Election  6(h),  a  Participant  may  make  Designated  IRA  Contributions.

(Complete (a) and (b).):
		
	(a)
	Type of IRA contribution. A Participant's Designated IRA Contributions will be (Choose one of (1), (2), or (3).):

		
	(1)
	[   ]    Traditional.

		
	(2)
	[   ]    Roth.

		
	(3)
	[   ]    Traditional/Roth. As the Participant elects at the time of contribution.

		
	(b)
	Type of Account. A Participant's Designated IRA Contributions will be held in the following form of Account(s) (Choose one of (1), (2), or (3).):

		
	(1)
	[   ]    IRA.

		
	(2)
	[   ]    Individual Retirement Annuity.

		
	(3)
	[   ]    IRA/Individual Retirement Annuity. As the Participant elects at the time of contribution.

ARTICLE IV LIMITATIONS AND TESTING

38.    ANNUAL TESTING ELECTIONS (4.06(B)). The Employer makes the following Plan specific annual testing elections under Section 4.06(B). (Complete (a) and (b) as applicable. Leave (a) blank if the Plan is a SIMPLE 401(k) plan.):
		
	(a)
	[X]    Nondiscrimination testing. (Choose one or more of (1), (2), and (3).):

		
	(1)
	[X]    Traditional 401(k) Plan/ADP/ACP test. The following testing method(s) apply:

[Note: The Plan may "split test". For Current Year Testing, See Section 4.11(E). For Prior Year Testing, see Section 4.11(I) and, as to the first Plan Year, see Sections 4.10(B)(4)(f)(iv) and 4.10(C)(5)(e)(iv).]
ADP Test (Choose one of a. or b.)
a.    [X]    Current Year Testing.
b.    [   ]    Prior Year Testing. ACP Test (Choose one of c., d., or e.)
		
	c.
	[   ]    Not  applicable.  The  Plan  does  not  permit  Matching  Contributions  or  Employee  Contributions  and  the  Plan Administrator will not recharacterize Elective Deferrals as Employee Contributions for testing.

		
	d.
	[X]    Current Year Testing.

		
	e.
	[   ]    Prior Year Testing.

		
	(2)
	[   ]    Safe Harbor Plan/No testing or ACP test only. (Choose one of a. or b.):

		
	a.
	[   ]    No testing. ADP test safe harbor applies and if applicable, ACP test safe harbor applies.

		
	b.
	[   ]    ACP test only. ADP test safe harbor applies, but Plan will perform ACP test as follows (Choose one of (i) or (ii).):

		
	(i)
	[   ]    Current Year Testing.

		
	(ii)
	[   ]    Prior Year Testing.

		
	(3)
	[   ]    Maybe notice (Election 30(b)). See Section 3.05(I).

[Note: The Employer may make elections under both the Traditional 401(k) Plan and Safe Harbor Plan elections, in order to accommodate a Plan that applies both testing elections (e.g., Safe Harbor Includible Employees group and tested Otherwise Excludible Employees group, or Safe Harbor Plan with tested after-tax Employee Contributions). In the absence of an election regarding ADP or ACP tested contributions, Current Year Testing applies.]
		
	(b)
	[   ]    HCE determination. The Top-Paid Group election and the calendar year data election are not used unless elected below

(Choose one or both of (1) and (2) if applicable.):
		
	(1)
	[   ]    Top-paid group election applies.

		
	(2)
	[   ]    Calendar year data election (fiscal year Plan only) applies.

ARTICLE V VESTING REQUIREMENTS

39.    NORMAL RETIREMENT AGE (5.01). A Participant attains Normal Retirement Age under the Plan on the following date (Choose one of (a) or (b).):
		
	(a)
	[X]    Specific age. The date the Participant attains age   65  . [Note: The age may not exceed age 65.]

		
	(b)
	[   ]    Age/participation. The later of the date the Participant attains age    or the    anniversary of the first day of the Plan Year in which the Participant commenced participation in the Plan. [Note: The age may not exceed age 65 and the anniversary may not exceed the 5th.]

		
	40.
	EARLY RETIREMENT AGE (5.01). (Choose one of (a) or (b).):

		
	(a)
	[X]    Not applicable. The Plan does not provide for an Early Retirement Age.

		
	(b)
	[   ]    Early Retirement Age. Early Retirement Age is the later of: (i) the date a Participant attains age    ; (ii) the date a Participant reaches his/her             anniversary of the first day of the Plan Year in which the Participant commenced participation in the Plan; or (iii) the date a Participant completes            Years of Service.

[Note: The Employer should leave blank any of clauses (i), (ii), and (iii) which are not applicable.] "Years of Service" under this Election 40 means (Choose one of (1) or (2) as applicable.):

		
	(1)
	[   ]    Eligibility. Years of Service for eligibility in Election 16.

		
	(2)
	[   ]    Vesting. Years of Service for vesting in Elections 43 and 44.

[Note: Election of an Early Retirement Age does not affect the time at which a Participant may receive a Plan distribution. However, a Participant becomes 100% vested at Early Retirement Age.]

41.    ACCELERATION ON DEATH OR DISABILITY (5.02). Under Section 5.02, if a Participant incurs a Severance from Employment as a result of death or Disability (Choose one of (a), (b), or (c).):
		
	(a)
	[X]    Applies. Apply 100% vesting.

		
	(b)
	[ ] Not applicable. Do not apply 100% vesting. The Participant's vesting is in accordance  with the  applicable Plan vesting schedule.

		
	(c)
	[  ]   Limited application. Apply 100% vesting, but only if a Participant incurs a Severance from Employment as a result of (Choose one of (1) or (2).):

		
	(1)
	[   ]    Death.

		
	(2)
	[   ]    Disability.

42.    VESTING SCHEDULE (5.03). A Participant has a 100% Vested interest at all times in his/her Accounts attributable to: (i) Elective Deferrals; (ii) Employee Contributions; (iii) QNECs; (iv) QMACs; (v) Safe Harbor Contributions (other than QACA Safe Harbor Contributions); (vi) SIMPLE Contributions; (vii) Rollover Contributions; (viii) Prevailing Wage Contributions; (ix) DECs; and (x) Designated IRA Contributions. The following vesting schedule applies to Regular Matching Contributions, to Additional Matchin g Contributions (irrespective of ACP testing status), to Nonelective Contributions (other than Prevailing Wage Contributions) and to QACA Safe Harbor Contributions. (Choose (a) or choose one or both of (b) and (c) as applicable.):
		
	(a)
	[   ]    Immediate vesting. 100% Vested at all times in all Accounts.

[Note: Unless all Contribution Types are 100% Vested, the Employer should not elect 42(a). If the Employer elects immediate vesting under 42(a), the Employer should not complete the balance of Election 42 or Elections 43 and 44 (except as noted therein). The Employer must elect 42(a) if the eligibility Service condition under Election 14 as to all Contribution Types (except Elective Deferrals and Safe Harbor Contributions) exceeds one Year of Service or more than 12 months. The Employer must elect 42(b)(1) as to any Contribution Type where the eligibility service condition exceeds one Year of Service or more than 12 months. The Employer should elect 42(b) if any Contribution Type is subject to a vesting schedule.]
		
	(b)
	[X]    Vesting schedules: Apply the following vesting schedules (Choose one or more of (1) through (6). Choose Contribution Type as applicable.):

	
										
	(1)

All Contributions
	 
	(2)

Nonelective
	(3)

Regular Matching
	(4)
Additional Matching (See Section 3.05(F))
	(5)

QACA
Safe Harbor

	(1)
	[   ]
	Immediate vesting.
	 
	N/A
See Election 42(a))
	 
	[   ]
	[   ]
	[   ]
	[   ]

	(2)
	[   ]
	6-year graded.
	 
	[   ]
	OR
	[   ]
	[   ]
	[   ]
	N/A

	(3)
	[   ]
	3-year cliff.
	 
	[   ]
	OR
	[   ]
	[   ]
	[   ]
	N/A

	(4)
	[X]
	Modified schedule:
Years of Service
	

Vested %
	[X]
	OR
	[   ]
	[   ]
	[   ]
	N/A

	 
	 
	Less than 1
1
	a. 0%     
b. 20%      
	 
	 
	[   ]
	[   ]
	[   ]
	 

	 
	 
	2
	c. 40%    
	 
	 
	[   ]
	[   ]
	[   ]
	 

	 
	 
	3
	d. 60%    
	 
	 
	[   ]
	[   ]
	[   ]
	 

	 
	 
	4
	e. 80%    
	 
	 
	[   ]
	[   ]
	[   ]
	 

	 
	 
	5
6 or more
	f. 100% 100%
	 
	 
	[   ]
	[   ]
	[   ]
	 

	(5)
	[   ]
	2-year cliff.
	 
	[   ]
	OR
	[   ]
	[   ]
	[   ]
	[   ]

	(6)
	[   ]
	Modified 2-year schedule:
Years of Service 
Less than 1
1
2

	

Vested %
Less than
a._____
b._____
100%

	[   ]
	OR
	[   ]
	[   ]
	[   ]
	[   ]

[Note: If the Employer does not elect 42(a), the Employer under 42(b) must elect immediate vesting or must elect one of the specified alternative vesting schedules. The Employer must elect either 42(b)(5) or (6) as to QACA Safe Harbor Contributions. The modified top- heavy schedule of Election 42(b)(4) must satisfy Code §411(a)(2)(B). If the Employer elects Additional Matching under Election 30(i), the Employer should elect vesting under the Additional Matching column in this Election 42(b). That election applies to the Additional Matching even if the Employer has given the maybe notice but does not give the supplemental notice for any Plan Year and as to such Plan Years, the Plan is not a safe harbor plan and the Matching Contributions are not Additional Matching Contributions. If the Plan's Effective Date is before January 1, 2007, the Employer may wish to complete the override elections in Appendix B relating to the application of non-top-heavy vesting.]
		
	(c)
	[   ]    Special vesting provisions:      

[Note: The Employer under Election 42(c) may describe special vesting provisions from the elections available under Election 42 and/or a combination thereof as to a: (i) Participant group (e.g., Full vesting applies to Division A Employees OR to Employees hired on/before "x" date. 6-year graded vesting applies to Division B Employees OR to Employees hired after "x" date.); and/or (ii) Contribution Type (e.g., Full vesting applies as to Discretionary Nonelective Contributions. 6-year graded vesting applies to Fixed Nonelective Contributions). Any special vesting provision must satisfy Code §411(a) and must be nondiscriminatory.]

		
	43.
	YEAR OF SERVICE - VESTING (5.05). (Complete both (a) and (b).):

[Note: If the Employer elects the Elapsed Time Method for vesting the Employer should not complete this Election 43. If the Employer elects immediate vesting, the Employer should not complete Election 43 or Election 44 unless it elects to apply a Year of Service for vesting under any other Adoption Agreement election.]
		
	(a)
	Year of Service. An Employee must complete at least   1,000   Hours of Service during a Vesting Computation Period to receive credit for a Year of Service under Article V. [Note: The number may not exceed 1,000. If left blank, the requirement is 1,000.]

		
	(b)
	Vesting Computation Period. The Plan measures a Year of Service based on the following 12-consecutive month period (Choose one of (1) or (2).):

		
	(1)
	[X]    Plan Year.

		
	(2)
	[   ]    Anniversary Year.

		
	44.
	EXCLUDED YEARS OF SERVICE - VESTING (5.05(C)). (Choose (a) or (b).):

		
	(a)
	[X]    None. None other than as specified in Section 5.05(C)(1).

		
	(b)
	[   ]    Exclusions. The Plan excludes the following Years of Service for purposes of vesting (Choose one or more of (1) through (4).):

		
	(1)
	[   ]    Age 18. Any Year of Service before the Vesting Computation Period during which the Participant attained the age of 18.

		
	(2)
	[   ]    Prior to Plan establishment. Any Year of Service during the period the Employer did not maintain this Plan or a predecessor plan.

		
	(3)
	[   ]    Rule of Parity. Any Year of Service excluded under the rule of parity. See Plan Section 5.06(C).

		
	(4)
	[   ]    Additional exclusions. The following Years of Service:      

[Note: The Employer under Election 44(b)(4) may describe vesting service exclusions provisions available under Election 44 and/or a combination thereof as to a: (i) Participant group (e.g., No exclusions apply to Division A Employees OR to Employees hired on/before "x" date. The age 18 exclusion applies to Division B Employees OR to Employees hired after "x" date.); or (ii) Contribution Type (e.g., No exclusions apply as to Discretionary Nonelective Contributions. The age 18 exclusion applies to Fixed Nonelective Contributions). Any exclusion specified under Election 44(b)(4) must comply with Code §411(a)(4). Any exclusion must be nondiscriminatory.]

ARTICLE VI DISTRIBUTION OF ACCOUNT BALANCE

45.    MANDATORY DISTRIBUTION (6.01(A)(1)/6.08(D)). The Plan provides or does not provide for Mandatory Distribution of a Participant's Vested Account Balance following Severance from Employment, as follows (Choose one of (a) or (b). Choose (c) if applicable.):
		
	(a)
	[   ]    No Mandatory Distribution. The Plan will not make a Mandatory Distribution following Severance from Employment.

		
	(b)
	[X]  Mandatory Distribution. The Plan will make a Mandatory Distribution following Severance from Employment. (Complete (1) and (2). Choose (3) unless the Employer elects to limit Mandatory Distributions to $1,000 including Rollover Contributions under Elections 45(b)(1)b. and 45(b)(2)b.):

		
	(1)
	Amount limit. As to a Participant who incurs a Severance from Employment and who will receive distribution before attaining the later of age 62 or Normal Retirement Age, the Mandatory Distribution maximum amount is equal to (Choose one of a., b., or c.):

	
			
	a.
	[X]
	$5,000.

	b.
	[   ]
	$1,000.

	c.
	[   ]
	Specify amount: $   (may not exceed $5,000).

[Note: This election only applies to the Mandatory Distribution maximum amount. For other Plan provisions subject to a
$5,000 limit, see election 56(g)(7) in Appendix B.]
		
	(2)
	Application  of  Rollovers  to amount  limit.  In  determining whether  a  Participant's  Vested  Account  Balance  exceeds the Mandatory Distribution dollar limit in Election 45(b)(1), the Plan (Choose one of a. or b.):

		
	a.
	[X]    Disregards Rollover Contribution Account.

		
	b.
	[   ]    Includes Rollover Contribution Account.

		
	(3)
	[X] Amount of Mandatory Distribution subject to Automatic Rollover. A Mandatory Distribution to a Participant before attaining the later of age 62 or Normal Retirement Age is subject to Automatic Rollover under Section 6.08(D) (Choose one of a. or b.):

		
	a.
	[X]    Only if exceeds $1,000. Only if the amount of the Mandatory Distribution exceeds $1,000, which for this purpose must include any Rollover Contributions Account.

		
	b.
	[   ]    Specify lesser amount. Only if the amount of the Mandatory Distribution is at least: $    (specify $1,000 or less), which for this purpose must include any Rollover Contributions Account.

		
	(c)
	[   ]    Required distribution at Normal Retirement Age. A severed Participant may not elect to delay distribution beyond the later of age 62 or Normal Retirement Age.

46.    SEVERANCE DISTRIBUTION TIMING (6.01). Subject to the timing limitations of Section 6.01(A)(1) in the case of a Mandatory Distribution, or in the case of any Distribution Requiring Consent under Section 6.01(A)(2), for which consent is received, the Plan Administrator will instruct the Trustee to distribute a Participant's Vested Account Balance as soon  as is  administratively practical following the time specified below (Choose one or more of (a) through (i) as applicable; choose (j) if applicable.):
[Note: If a Participant dies after Severance from Employment but before receiving distribution of all of his/her Account, the elections under this Election 46 no longer apply. See Section 6.01(B) and Election 50.]

	
						
	 
	(1)
Mandatory Distribution
	(2)
Distribution Requiring Consent

	(a)
	[X]
	Immediate. Immediately following Severance from Employment.
	[X]
	[X]

	(b)
	[
	]
	Next Valuation Date. After the next Valuation Date following Severance from Employment.
	[  ]
	[  ]

	(c)
	[
	]
	Plan Year. In the   Plan Year following Severance from Employment (e.g., next or fifth).
	[  ]
	[  ]

	(d)
	[
	]
	Plan Year quarter. In the   Plan Year quarter following Severance from Employment (e.g., next or fifth).
	[  ]
	[  ]

	(e)
	[
	]
	Contribution Type Accounts.   (specify timing)
as to the Participant's   Account(s) and
    (specify timing) as to the Participant's
    Account(s) (e.g., As soon as is practical following Severance from Employment as to  the  Participant's Elective Deferral Account and as soon as is practical in the next Plan
	[  ]
	[  ]

	 
	 
	 
	Year following Severance from Employment as to the Participant's Nonelective and Matching Accounts).
	[  ]
	[  ]

	(f)
	[
	]
	Vesting controlled timing. If the Participant's total Vested Account Balance exceeds $   , distribute      (specify timing) and if the Participant's total Vested Account Balance does not exceed $   , distribute   (specify timing).
	[  ]
	[  ]

	(g)
	[
	]
	Distribute at Normal Retirement Age. As to a Mandatory Distribution, distribute not later than 60 days after the beginning of the Plan Year following the Plan Year in which the previously severed Participant
	[  ]
	[  ]

	 
	 
	 
	attains the earlier of Normal Retirement Age or age 65.
[Note: An election under column (2) only will have effect if the Plan's NRA is less than age 62.]
	[  ]
	[  ]

	(h)
	[
	]
	No buy-back/vesting controlled timing. Distribute as soon as is practical following Severance from Employment if the Participant is fully Vested. Distribute as soon as is practical following a Forfeiture Break in Service if the Participant is not fully Vested.
	[  ]
	[  ]

(i)    [   ]    Describe Severance from Employment distribution timing:      
[Note: The Employer under Election 46(i) may describe Severance from Employment distribution timing provisions from the elections available under Election 46 and/or a combination thereof as to any: (i) Participant group (e.g., Immediate distribution after Severance from Employment applies to Division A Employees OR to Employees hired on/before "x" date. Distribution after the next Valuation Date following Severance from Employment applies to Division B Employees OR to Employees hired after "x" date.); (ii) Contribution Type and Participant group (e.g., As to Division A Employees, immediate distribution after Severance from Employment applies as to Elective Deferral Accounts and distribution after the next Valuation Date following Severance from Employment applies to Nonelective Contribution Accounts); and/or (iii) merged plan account now held in the Plan (e.g., The accounts from the X plan merged into this Plan continue to be distributable in accordance with the X plan terms [supply terms] and not in accordance with the terms of this Plan). An Employer's election under Election 46(i) must: (i) be objectively determinable; (ii) not be subject to Employer discretion; (iii) comply with Code §401(a)(14) timing requirements; (iv) be nondiscriminatory and (v) preserve Protected Benefits as required.]

		
	(j)
	[ ] Acceleration. Notwithstanding any later specified distribution date in Election 46, a Participant may elect an earlier distribution following Severance from Employment (Choose (1) and (2) as applicable.):

		
	(1)
	[   ]    Disability. If Severance from Employment is on account of Disability or if the Participant incurs a Disability following Severance from Employment.

		
	(2)
	[   ]    Hardship. If the Participant incurs a hardship under Section 6.07(B) following Severance from Employment.

47.    IN-SERVICE DISTRIBUTIONS/EVENTS (6.01(C)). A Participant may elect an In-Service Distribution of the designated Contribution Type Accounts based on any of the following events in accordance with Section 6.01(C) (Choose one of (a) or (b).):
[Note: If the Employer elects any In-Service Distribution option, a Participant may elect to receive as many In-Service Distributions per Plan Year (with a minimum of one per Plan Year) as the Plan Administrator's In-Service Distribution form or policy may permit. If the form or policy is silent, the number of In-Service Distributions is not limited. Prevailing Wage Contributions are treated as Nonelective Contributions. See Section 6.01(C)(4)(d) if the Employer elects to use Prevailing Wage Contributions to offset other contributions.]
		
	(a)
	[ ] None. The Plan does not permit any In-Service Distributions except as to any of the following (if applicable): (i) RMDs under Section 6.02; (ii) Protected Benefits; and (iii) Designated IRA Contributions. Also see Section 6.01(C)(4)(e) with regard to Rollover Contributions, Employee Contributions and DECs.

		
	(b)
	[X] Permitted. In-Service Distributions are permitted as follows from the designated Contribution Type Accounts (Choose one or more of (1) through (9).):

[Note: Unless the Employer elects otherwise in Election (b)(9) below, Elective Deferrals under Election 47(b) includes Pre-Tax and Roth Deferrals and Matching Contributions includes Additional Matching Contributions (irrespective of the Plan's ACP testing status).]

	
												
	 
	(1)
All Contrib.
	 
	(2)
Elective Deferrals
	(3)
Safe Harbor Contrib.
	(4)

QNECs
	(5)

QMACs
	(6)
Matching Contrib.
	(7)
Nonelective/ SIMPLE

	(1)
	[   ]
	 
	None. Except for Election 47(a)
	N/A
(See Election 47(a))
	 
	[   ]
	[   ]
	[   ]
	[   ]
	[   ]
	[   ]

	(2)
	[X]
	Age (Choose one or both of a. and b.):
	 
	 
	 
	 
	 
	 
	 
	 

	 
	a.
	[X]
	Age   59 1/2  (must be at least 59 1/2).
	[   ]
	OR
	[X]
	 
	 
	 
	[X]
	[X]

	 
	b.
	[   ] 
	Age   ___  (must be at least 59 1/2).
	N/A
	 
	N/A
	N/A
	N/A
	N/A
	[   ]
	[   ]

	(3)
	[X]
	Hardship (Choose one or both of a. and b.):

	 
	 
	 
	 
	 
	 
	 
	 

	 
	a.
	[X]
	Hardship (safe harbor) See Section 6.07(A)
	N/A
	 
	[X]
	N/A
	N/A
	N/A
	[X]
	[X]

	 
	b.
	[   ] 
	Hardship (non-safe harbor) See Section 6.07(B)
	N/A
	 
	[   ]
	N/A
	N/A
	N/A
	[   ]
	[   ]

	(4)
	[X]
	Disability.
	[X]
	OR
	 
	[   ]
	[   ]
	[   ]
	[   ]
	[   ]

	(5)
	[  ]
	    year contributions. (specify minimum of two years) See Section 6.01(C)(4)(a)(i)
	N/A
	 
	N/A
	N/A
	N/A
	N/A
	[   ]
	[   ]

	(6)
	[  ]
	    months of participation.   (specify minimum of 60 months)
	N/A
	 
	N/A
	N/A
	N/A
	N/A
	[   ]
	[   ]

	(7)
	[  ]
	Qualified Reservist Distribution  See section 6.01(C)(4)(b)(iii).
	N/A
	 
	[   ]
	N/A
	N/A
	N/A
	N/A
	N/A

	(8)
	[X]
	Deemed Severance Distribution. See Section 6.11.
	[X]
	 
	[   ]
	[   ]
	[   ]
	[   ]
	[   ]
	[   ]

	(9)
	[  ]
	Describe.__________________________________________________________________________________

[Note: The Employer under Election 47(b)(9) may describe In-Service Distribution provisions from the elections available under Election 47 and/or a combination thereof as to any: (i) Participant group (e.g., Division A Employee Accounts are distributable at age 59 1/2 OR Accounts of Employees hired on/before "x" date are distributable at age 59 1/2. No In-Service Distributions apply to Division B Employees OR to Employees hired after "x" date.); (ii) Contribution Type (e.g., Discretionary Nonelective Contribution Accounts are distributable on Disability. Fixed Nonelective Contribution Accounts are distributable on Disability or Hardship (non-safe harbor)); and/or (iii) merged plan account now held in the Plan (e.g., The accounts from the X plan merged into this Plan continue to be distributable in accordance with the X plan terms [supply terms] and not in accordance with the terms of this Plan). An Employer's election under Election 47(b)(9) must: (i) be objectively determinable; (ii) not be subject to Employer discretion; (iii) preserve Protected Benefits as required; (iv) be nondiscriminatory; and (v) not permit an "early" distribution of any Restricted 401(k) Accounts or Restricted Pension Accounts. See Sections 6.01(C)(4) and 11.02(C)(3).]

48.    IN-SERVICE DISTRIBUTIONS/ADDITIONAL CONDITIONS (6.01(C)). The following additional conditions apply to In-Service Distributions under Election 47(b) (Choose one of (a) or (b).):
		
	(a)
	[X]    Additional conditions. (Choose one or more of (1) through (3) as applicable.):

		
	(1)
	[X]    100% vesting required. A Participant may not receive an In-Service Distribution unless the Participant is 100% Vested in the distributing Account. This restriction applies to (Choose one or more of a. or b.):

		
	a.
	[X]    Hardship distributions. Distributions based on hardship.

		
	b.
	[X]    Other In-Service. In-Service distributions other than distributions based on hardship.

		
	(2)
	[   ]    Minimum  amount.  A  Participant  may  not  receive  an  In-Service  Distribution  in  an  amount  which  is  less  than:

$    (specify amount not exceeding $1,000).
		
	(3)
	[X] Describe other conditions: The additional limitations indicated above  do  not  apply to  distributions  for  deemed severance of employment, but the amount of the distribution may not exceed the vested amount in the distributing account.                                                                                                                                                                         

[Note: An Employer's election under Election 48(a)(3) must: (i) be objectively determinable; (ii) not be subject to Employer discretion; (iii) preserve Protected Benefits as required; (iv) be nondiscriminatory; and (v) not permit an "early" distribution of any Restricted 401(k) Accounts or Restricted Pension Accounts. See Section 6.01(C)(4).]
		
	(b)
	[   ]    No other conditions. A Participant may elect to receive an In-Service Distribution upon any Election 47(b) event without further condition, provided that the amount distributed may not exceed the Vested amount in the distributing Account.

49.    POST-SEVERANCE AND LIFETIME RMD DISTRIBUTION METHODS (6.03). A Participant whose Vested Account Balance exceeds $5,000 (or any lesser amount elected in Appendix B, Election 56(g)(7)): (i) who has incurred a Severance from Employment and will receive a distribution; or (ii) who remains employed but who must receive lifetime RMDs, may elect distribution under one of the following method(s) of distribution described in Section 6.03 and subject to any Section 6.03 limitations. (Choose one or more of (a) through (f) as applicable.):
[Note: If a Participant dies after Severance from Employment but before receiving distribution of all of his/her Account, the elections under this Election 49 no longer apply. See Section 6.01(B) and Election 50.]
		
	(a)
	[X]    Lump-Sum. See Section 6.03(A)(3).

		
	(b)
	[X] Installments only if Participant subject to lifetime RMDs. A Participant who is required to receive lifetime RMDs may receive installments payable in monthly, quarterly or annual installments equal to or exceeding the annual RMD amount. See Sections 6.02(A) and 6.03(A)(4)(a).

		
	(c)
	[   ]    Installments. See Section 6.03(A)(4).

		
	(d)
	[   ]    Alternative Annuity:    . See Section 6.03(A)(5).

[Note: Under a Plan which is subject to the joint and survivor annuity distribution requirements of Section 6.04 (Election 51(b)), the Employer may elect under 49(d) to offer one or more additional annuities (Alternative Annuity) to the Plan's QJSA, QPSA or QOSA. If the Employer elects under Election 51(a) to exempt Exempt Participants from the joint and survivor annuity requirements, the Employer should not elect to provide an Alternative Annuity under 49(d).]
		
	(e)
	[   ]    Ad-Hoc distributions. See Section 6.03(A)(6).

[Note: If an Employer elects to permit Ad-Hoc distributions the option must be available to all Participants.]
		
	(f)
	[   ]    Describe distribution method(s):      

[Note: The Employer under Election 49(f) may describe Severance from Employment distribution methods from the elections available under Election 49 and/or a combination thereof as to any: (i) Participant group (e.g., Division A Employee Accounts are distributable in a Lump-Sum OR Accounts of Employees hired after "x" date are distributable in a Lump-Sum. Division B Employee Accounts  are distributable in a Lump-Sum or in Installments OR Accounts of Employees hired on/before "x" date are distributable in a Lump-Sum or in Installments.); (ii) Contribution Type (e.g., Discretionary Nonelective Contribution Accounts are distributable in a Lump-Sum. Fixed Nonelective Contribution Accounts are distributable in a Lump-Sum or in Installments); and/or (iii) merged plan account now held in the Plan (e.g., The accounts from the X plan merged into this Plan continue to be distributable in accordance with the X plan terms [supply terms] and not in accordance with the terms of this Plan). An Employer's election under Election 49(f) must: (i)  be  objectively determinable; (ii) not be subject to Employer, Plan Administrator or Trustee discretion; (iii) be nondiscriminatory; and (iv) preserve Protected Benefits as required.]

		
	50.
	BENEFICIARY DISTRIBUTION ELECTIONS  (6.01(B)).  Distributions following a Participant's death will  be made as follows

(Choose one of (a), (b), or (c); choose (d) if applicable.):
		
	(a)
	[X]    Immediate. As soon as practical following the Participant's death.

		
	(b)
	[   ]    Next Calendar Year. At such time as the Beneficiary may elect, but in any event on or before the last day of the calendar year which next follows the calendar year of the Participant's death.

		
	(c)
	[   ]    As Beneficiary elects. At such time as the Beneficiary may elect, consistent with Section 6.02.

		
	(d)
	[   ]    Describe:      

[Note: The Employer under Election 50(d) may describe an alternative distribution timing or afford the Beneficiary an election which is narrower than that permitted under election 50(c), or include special provisions related to certain beneficiaries, (e.g., a surviving spouse). However, any election under Election 50(d) must require distribution to commence no later than the Section 6.02 required date.]

		
	51.
	JOINT AND SURVIVOR ANNUITY REQUIREMENTS (6.04). The joint and survivor annuity distribution requirements of Section

6.04 (Choose one of (a) or (b).):
		
	(a)
	[X]    Profit sharing exception. Do not apply to an Exempt Participant, as described in Section 6.04(G)(1), but apply to any other Participants (or to a portion of their Account as described in Section 6.04(G)) (Complete (1).):

		
	(1)
	One-year marriage rule. Under Section 7.05(A)(3) relating to an Exempt Participant's Beneficiary designation under the profit sharing exception (Choose one of a. or b.):

		
	a.
	[X]    Applies. The one-year marriage rule applies.

		
	b.
	[   ]    Does not apply. The one-year marriage rule does not apply.

		
	(b)
	[   ]    Joint and survivor annuity applicable. Section 6.04 applies to all Participants (Complete (1).):

		
	(1)
	One-year marriage rule. Under Section 6.04(B) relating to the QPSA (Choose one of a. or b.):

		
	a.
	[   ]    Applies. The one-year marriage rule applies.

		
	b.
	[   ]    Does not apply. The one-year marriage rule does not apply.

ARTICLE VII  ADMINISTRATIVE PROVISIONS

52.    ALLOCATION OF EARNINGS (7.04(B)). For each Contribution Type provided under the Plan, the Plan allocates Earnings using the following method (Choose one or more of (a) through (f). Choose Contribution Type as applicable.):
[Note: Elective Deferrals/Employee Contributions also includes Rollover Contributions, Transfers, DECs and Designated IRA Contributions, Matching Contributions includes all Matching Contributions and Nonelective Contributions includes all Nonelective Contributions, unless described otherwise in Election 52(f).]

	
						
	 
	(1)
	 
	(2)
Elective Deferrals/
	(3)
	(4)

	All Contributions
	 
	Employee Contributions
	Matching Contributions
	Nonelective Contributions

	(a)   [X]    Daily. See Section 7.04(B)(4)(a).
	[X]
	OR
	[   ]
	[   ]
	[   ]

	(b)   [   ]    Balance forward. See Section 7.04(B)(4)(b).
	[   ]
	OR
	[   ]
	[   ]
	[   ]

	
													
	(c)
	[
	]
	Balance forward with adjustment.
See    Section    7.04(B)(4)(c).    Allocate pursuant to the balance forward method,
	[
	]
	OR
	[
	]
	[
	]
	[
	]

	 
	 
	 
	except treat as part of the relevant Account at the beginning  of  the Valuation  Period   % of the contributions made during the following Valuation Period:      .
	 
	 
	 
	 
	 
	 
	 
	 
	 

	(d)
	[
	]
	Weighted average. See Section 7.04(B)(4)(d).    If    not    a    monthly weighting   period,   the   weighting
	[
	]
	OR
	[
	]
	[
	]
	[
	]

	 
	 
	 
	period is:   .
	 
	 
	 
	 
	 
	 
	 
	 
	 

	(e)
	[
	]
	Participant-Directed Account method.
See Section 7.04(B)(4)(e).
	[
	]
	OR
	[
	]
	[
	]
	[
	]

(f)    [   ]    Describe Earnings allocation method:      
[Note: The Employer under Election 52(f) may describe Earnings allocation methods from the elections available under Election 52 and/or a combination thereof as to any: (i) Participant group (e.g., Daily applies to Division A Employees OR to Employees hired after "x" date. Balance forward applies to Division B Employees OR to Employees hired on/before "x" date.); (ii) Contribution Type (e.g., Daily applies as to Discretionary Nonelective Contribution Accounts. Participant-Directed Account applies to Fixed Nonelective Contribution Accounts); (iii) investment type, investment vendor or Account type (e.g., Balance forward applies to investments placed with vendor A and Participant-Directed Account applies to investments placed with vendor B OR Daily applies to Participant-Directed Accounts and balance forward applies 

to pooled Accounts); and/or (iv) merged plan account now held in the Plan (e.g., The accounts from the X plan merged into this Plan continue to be subject to Earnings allocation in accordance with the X plan terms [supply terms] and not in accordance with the terms of this Plan). An Employer's election under Election 52(f) must: (i) be objectively determinable; (ii) not be subject to Employer discretion; and (iii) be nondiscriminatory.]

ARTICLE VIII
TRUSTEE AND CUSTODIAN, POWERS AND DUTIES

53.    VALUATION OF TRUST (8.02(C)(4)). In addition to the last day of the Plan Year, the Trustee (or Named Fiduciary as applicable) must value the Trust Fund on the following Valuation Date(s) (Choose one or more of (a) through (d). Choose Contribution Type as applicable.):
[Note: Elective Deferrals/Employee Contributions also include Rollover Contributions, Transfers, DECs and Designated IRA Contributions, Matching Contributions includes all Matching Contributions and Nonelective Contributions includes all Nonelective Contributions, unless described otherwise in Election 53(d).]

	
							
	 
	(1)
	 
	(2)
Elective Deferrals/
	(3)
	(4)

	All Contributions
	 
	Employee Contributions
	Matching Contributions
	Nonelective Contributions

	(a)
	[   ]
	No additional Valuation Dates.   [   ]
	OR
	[   ]
	[   ]
	[   ]

	(b)
	[X]
	Daily Valuation Dates. Each business day   [X]
of the Plan Year on which Plan assets for which there is an established market are valued and the Trustee is conducting business.
	OR
	[   ]
	[   ]
	[   ]

	(c)
	[   ]
	Last day of a specified period. The   [   ]
last day of each   of the Plan Year.
	OR
	[   ]
	[   ]
	[   ]

(d)   [   ]    Specified Valuation Dates:      
[Note: The Employer under Election 53(d) may describe Valuation Dates from the elections available under Election 53 and/or a combination thereof as to any: (i) Participant group (e.g., No additional Valuation Dates apply to Division A Employees OR to Employees hired after "x" date. Daily Valuation Dates apply to Division B Employees OR to Employees hired on/before "x" date.); (ii) Contribution Type (e.g., No additional Valuation Dates apply as to Discretionary Nonelective Contribution Accounts. The last day of each Plan Year quarter applies to Fixed Nonelective Contribution Accounts); (iii) investment type, investment vendor or Account type (e.g., No additional Valuation Dates apply to investments placed with vendor A and Daily Valuation Dates apply to investments placed with vendor B OR Daily Valuation Dates apply to Participant-Directed Accounts and no additional Valuation Dates apply to pooled Accounts); and/or (iv) merged plan account now held in the Plan (e.g., The accounts from the X plan merged into this Plan continue to be subject to Trust valuation in accordance with the X plan terms [supply terms] and not in accordance with the terms of this Plan). An Employer's election under Election 53(d) must: (i) be objectively determinable; (ii) not be subject to Employer discretion; and (iii) be nondiscriminatory.]

ARTICLE XII MULTIPLE EMPLOYER PLAN

54.    MULTIPLE EMPLOYER PLAN (12.01/12.02/12.03). The Employer makes the following elections regarding the Plan's Multiple Employer Plan status and the application of Article XII (Choose one of (a) or (b).):
		
	(a)
	[X]    Not applicable. The Plan is not a Multiple Employer Plan and Article XII does not apply.

		
	(b)
	[   ]    Applies. The Plan is a Multiple Employer Plan and the Article XII Effective Date is:    . The Employer makes the following additional elections (Choose (1) if applicable.):

		
	(1)
	[ ] Participating Employer may modify. See Section 12.03. A Participating Employer in the Participation Agreement may modify Adoption Agreement elections applicable to each Participating Employer (including electing to not  apply Adoption Agreement elections) as follows (Choose one of a. or b. Choose c. if applicable.):

		
	a.
	[   ]    All. May modify all elections.

		
	b.
	[   ]    Specified elections. May modify the following elections:    (specify by election number).

		
	c.
	[        ]          Restrictions.      May      modify      subject      to      the      following      additional      restrictions:       (Specify restrictions. Any restrictions must be definitely determinable and may not violate Code §412 or the regulations thereunder.).

[Note: If Election (b)(1) above is not chosen, Participating Employers may not modify any Adoption Agreement elections. The Participation Agreement must be consistent with this Election 54(b)(1). Any Participating Employer election  in  the  Participation Agreement which is not permitted under this Election 54(b)(1) is of no force or effect and the applicable election in the Adoption Agreement applies.]

Volume Submitter 401(k) Plan

APPENDIX A
SPECIAL RETROACTIVE OR PROSPECTIVE EFFECTIVE DATES

		
	55.
	SPECIAL EFFECTIVE DATES (1.20). The Employer elects or does not elect Appendix A special Effective Date(s) as follows.

(Choose (a) or one or more of (b) through (s) as applicable.):
[Note: If the Employer elects 55(a), do not complete the balance of this Election 55.]
		
	(a)
	[   ]    Not applicable. The Employer does not elect any Appendix A special Effective Dates.

[Note: The Employer may use this Appendix A to specify an Effective Date for one or more Adoption Agreement elections which do es not correspond to the Plan's new Plan or Restated Plan Effective Date under Election 4. As to Restated Plans, for periods prior to: (i) the below-specified special Effective Date(s); or (ii) the Restated Plan's general Effective Date under Election 4, as applicable, the Plan terms in effect prior to its restatement under this Adoption Agreement control for purposes of the designated provisions.]
		
	(b)
	[   ]    Trustee (1.67). The Trustee provisions under Election 5 or Appendix C are effective:    .

		
	(c)
	[   ]    Contribution Types (1.12). The Contribution Types under Election(s) 6    are effective:    .

		
	(d)
	[X]    Excluded Employees (1.22(D)). The Excluded Employee provisions under Election(s) 8   (j)   are effective:

  January 1, 2017 to the extent provided in Election 8(j).  .
		
	(e)
	[   ]    Compensation (1.11). The Compensation definition under Election(s)    (specify 9-11 as applicable) are effective:

     .
		
	(f)
	[   ]    Hour of Service/Elective Service Crediting (1.32/1.59(C)). The Hour of Service and/or elective Service crediting provisions under Election(s)    (specify 12-13 as applicable) are effective:    .

		
	(g)
	[X]    Eligibility (2.01-2.03). The eligibility provisions under Election(s)   14(k) & 17(g)   (specify 14-19 as applicable) are effective:

  January 1, 2017  .
		
	(h)
	[   ]    Elective Deferrals (3.02(A)-(D)). The Elective Deferral provisions under Election(s)    (specify 20-23 as applicable) are effective:    .

		
	(i)
	[   ]    Matching Contributions (3.03). The Matching Contribution provisions under Election(s)    (specify 24-26 as applicable)

are effective:    .
		
	(j)
	[   ]    Nonelective Contributions (3.04).  The Nonelective Contribution provisions under Election(s)    (specify 27-29 as applicable) are effective:    .

		
	(k)
	[   ]    401(k) safe harbor (3.05). The 401(k) safe harbor provisions under Election(s) 30    are effective:

     .
		
	(l)
	[   ]    Allocation conditions (3.06). The allocation conditions under Election(s)    (specify 31-32 as applicable) are effective:

     .
		
	(m)
	[   ]    Forfeitures (3.07). The forfeiture allocation provisions under Election(s) 33    are effective:

     .
		
	(n)
	[   ]    Employee Contributions (3.09). The Employee Contribution provisions under Election(s) 36    are effective:

     .
		
	(o)
	[   ]    Testing elections (4.06(B)). The testing elections under Election(s) 38    are effective:    .

		
	(p)
	[   ]    Vesting (5.03). The vesting provisions under Election(s)    (specify 39-44 as applicable) are effective:

     .
		
	(q)
	[   ]    Distributions (6.01, 6.03 and 6.04). The distribution elections under Election(s)    (specify 45-51 as applicable) are effective:    .

		
	(r)
	[   ]    Earnings/Trust        valuation    (7.04(B)/8.02(C)(4)).    The    Earnings    allocation    and    Trust    valuation    provisions    under Election(s)    (specify 52-53 as applicable) are effective:            .

		
	(s)
	[X] Special Effective Date(s) for other elections (specify elections and dates): Effective as September 1, 2012, the Skagen Designs, Ltd. Savings Retirement Plan was merged into the Plan, and all Protected Benefits, if any, along with any distribution restrictions on any amounts merged into the Plan, shall continue to be in effect with respect to any such amounts to the exte nt required by law.    .

APPENDIX B
BASIC PLAN DOCUMENT OVERRIDE ELECTIONS

56.    BASIC PLAN OVERRIDES. The Employer elects or does not elect to override various basic plan provisions as follows (Choose (a) or choose one or more of (b) through (l) as applicable.):
[Note: If the Employer elects 56(a), do not complete the balance of this Election 56.]
		
	(a)
	[   ]    Not applicable. The Employer does not elect to override any basic plan provisions.

[Note: The Employer at the time of restating its Plan with this Adoption Agreement may make an election on Appendix A (Election 55(s)) to specify a special Effective Date for any override provision the Employer elects in this Election 56. If the Employer, after it has executed this Adoption Agreement, later amends its Plan to change any election on this Appendix B, the Employer should document the Effective Date of the Appendix B amendment on the Execution Page or otherwise in the amendment.]
		
	(b)
	[   ]    Definition (Article I) overrides. (Choose one or more of (1) through (8) as applicable.):

		
	(1)
	[ ] W-2 Compensation exclusion of paid/reimbursed moving  expenses  (1.11(B)(1)).  W-2  Compensation  excludes amounts paid or reimbursed by the Employer for moving expenses incurred by an Employee, but only to the extent that, at the time of payment, it is reasonable to believe that the Employee may deduct these amounts under Code §217.

		
	(2)
	[ ] Alternative (general) 415 Compensation (1.11(B)(4)). The Employer elects to apply the alternative (general) 415 definition of Compensation in lieu of simplified 415 Compensation.

		
	(3)
	[ ] Inclusion of Deemed 125 Compensation (1.11(C)). Compensation under Section 1.11 includes Deemed 125 Compensation.

		
	(4)
	[ ] Pre-Regulatory inclusion of Post-Severance Compensation (1.11(I) and 4.05(F)). Prior to the first Limitation Year beginning on or after July 1, 2007 (the Effective Date of the final 415 regulations), the Plan includes Post-Severance Compensation within the meaning of Prop. Treas. Reg. §1.415(c)-2(e) as described in Sections 1.11(I) and 4.05(F) as follows (Choose one or both of a. and b.):

		
	a.
	[ ] Include for 415 testing. Include for 415 testing and for other testing which uses 415 Compensation. This provision applies effective as of    (specify a date which is no earlier than January 1, 2005).

		
	b.
	[ ] Include for allocations. Include for allocations as follows (specify affected Contribution Type(s)  and  any adjustments to Post-Severance Compensation used for allocation):    . This provision applies effective as of    (specify a date which is no earlier than January 1, 2002).

		
	(5)
	[   ]    Inclusion of Deemed Disability Compensation (1.11(K)). Include Deemed Disability Compensation. (Choose one of a. or b.):

		
	a.
	[   ]    NHCEs only. Apply only to disabled NHCEs.

		
	b.
	[ ] All Participants. Apply to all disabled Participants. The Employer will make Employer Contributions for such disabled                                                                    Participants                                                                    for:       (specify a fixed or determinable period).

		
	(6)
	[  ]   Treatment of Differential Wage Payments (1.11(L)). In lieu of the provisions of Section 1.11(L), the Employer elects the following (Choose one or more of a., b., c., and d. as applicable.):

		
	a.
	[   ]    Effective date. The inclusion is effective for Plan Years beginning after    (may not be earlier than December 31, 2008).

		
	b.
	[   ]    Elective Deferrals only. The inclusion only applies to Compensation for purposes of Elective Deferrals.

		
	c.
	[   ]    Not included. The inclusion does not apply to Compensation for purposes of any Contribution Type.

		
	d.
	[   ]    Other:      

(specify other Contribution Type Compensation which includes Differential Wage Payments)
		
	(7)
	[   ]    Leased Employees (1.22(B)). (Choose one or both of a. and b. if applicable.):

		
	a.
	[  ]   Inclusion of Leased Employees (1.22(B)). The Employer for purposes of the following Contribution Types, does not                                          exclude                                          Leased                                          Employees:       (specify Contribution Types).

		
	b.
	[ ]  Offset if contributions to leasing organization plan (1.22(B)(2)). The Employer will reduce allocations to this Plan for any Leased Employee to the extent that the leasing organization contributes to or provides benefits under a leasing organization plan to or for the Leased Employee and which are attributable to the Leased Employee's services for the Employer. The amount of the offset is as follows:      

[Note: The election of an offset under this Election 56(b)(7)b. may require that the Employer aggregate its plan with the leasing organization's plan for coverage and nondiscrimination testing.]

		
	(8)
	[  ]   Inclusion of Reclassified Employees (1.22(D)(3)). The Employer for purposes of the following Contribution Types, does not    exclude    Reclassified    Employees    (or    the    following    categories    of    Reclassified    Employees):       (specify Contribution Types and/or categories of Reclassified Employees).

		
	(c)
	[   ]    Rule of parity - participation (Article II) override (2.03(D)). For purposes of Plan participation, the Plan applies the "rule of parity" under Code §410(a)(5)(D).

		
	(d)
	[   ]    Contribution/allocation (Article III) overrides. (Choose one or more of (1) through (9) as applicable.):

		
	(1)
	[   ]    Roth overrides. (Choose one or more of a., b., c., or d. as applicable.):

		
	a.
	[   ]    Treatment  of  Automatic  Deferrals  as  Roth  Deferrals  (3.02(B)).  The  Employer  elects  to  treat  Automatic Deferrals as Roth Deferrals in lieu of treating Automatic Deferrals as Pre-Tax Deferrals.

		
	b.
	[   ]    In-Plan Roth Rollovers limited to In-Service only (3.08(E)(2)(a)). Only Participants who are Employees may elect to make an In-Plan Roth Rollover Contribution.

		
	c.
	[   ]    Vested In-Plan Roth Rollovers (3.08(E)(2)(b)). Distributions related to In-Plan Roth Rollovers may only be made from accounts which are fully Vested.

		
	d.
	[   ]    Source of In-Plan Roth Rollover Contribution (3.08(E)(3)(b)). The Plan permits an In-Plan Roth Rollover only from the following qualifying sources (Choose one or more.):

		
	(i)
	[   ]    Elective Deferrals

		
	(ii)
	[   ]    Matching  Contributions  (including  any  Safe  Harbor  Matching  Contributions  and  Additional  Matching Contributions)

		
	(iii)
	[   ]    Nonelective Contributions

		
	(iv)
	[   ]    QNECs (including any Safe Harbor Nonelective Contributions)

		
	(v)
	[   ]    Rollovers

		
	(vi)
	[   ]    Transfers

		
	(vii)
	[                                                                               ]                                                                                 Other:       (specify account(s) and conditions in a manner that is definitely determinable and not subject to Employer discretion)

		
	(2)
	[ ] No offset of Safe Harbor Contributions to other allocations (3.05(E)(12)). Any Safe Harbor Nonelective Contributions allocated to a Participant's account will not be applied toward (offset) any allocation to the Participant of a non-Safe Harbor Nonelective Contribution.

		
	(3)
	[   ]    Short Plan Year or allocation period (3.06(B)(1)(c)). The Plan Administrator (Choose one of a. or b.):

		
	a.
	[   ]    No pro-ration. Will not pro-rate Hours of Service in any short allocation period.

		
	b.
	[   ]    Pro-ration based on months. Will pro-rate any Hour of Service requirement based on the number of months in the short allocation period.

		
	(4)
	[  ]   Limited waiver of allocation conditions for rehired Participants (3.06(G)). The allocation conditions the Employer has elected in the Adoption Agreement do not apply to rehired Participants in the Plan Year they resume participation, as described in Section 3.06(G).

		
	(5)
	[ ] Associated Match  forfeiture timing (3.07(A)(1)(c)). Forfeiture of associated  matching contributions  occurs  in  the Testing Year.

		
	(6)
	[ ] Safe Harbor top-heavy exempt fail-safe (3.07(A)(4)). In lieu of ordering forfeitures as (a), (b), and (c) under Section 3.07(A)(4), the Employer establishes the following forfeiture ordering rules (Specify the ordering rules, for example, (b), (c), and (a).):    .

		
	(7)
	[ ] HEART Act continued benefit accrual (3.11(K)). The Employer elects to apply the benefit accrual provisions of Section 3.11(K). The provisions are effective as of (Choose one of a. or b.; and choose c. if the provisions no longer are effective.):

		
	a.
	[   ]    2007 Effective Date. The first day of the 2007 Plan Year.

		
	b.
	[   ]    Other Effective Date.    (may not be earlier than the first day of the 2007 Plan Year).

		
	c.
	[   ]    No longer effective. The provisions no longer apply effective as of    .

		
	(8)
	[ ] Classifications allocation formula (3.04(B)(3)). If a Participant shifts from one classification to another during a Plan Year, the Plan Administrator will apportion the Participant's allocation during that Plan Year (Choose one of a., b., or c.):

		
	a.
	[   ]    Months in each classification. Pro rata based on the number of months the Participant spent in each classification.

		
	b.
	[   ]    Days in each classification. Pro rata based on the number of days the Participant spent in each classification.

		
	c.
	[   ]    One classification only. The Employer in a nondiscriminatory manner will direct the Plan Administrator to place the Participant in only one classification for the entire Plan Year during which the shift occurs.

		
	(9)
	[ ] Suspension (3.06(F)(3)). The Plan Administrator in applying Section 3.06(F) will (Choose one or more of a., b., and c. as applicable.):

		
	a.
	[   ]    Re-order    tiers.    Apply    the    suspension    tiers    in    Section    3.06(F)(2)    in    the    following order:            (specify order).

		
	b.
	[   ]    Hours of Service tie-breaker. Apply the greatest Hours of Service as the tie-breaker within a suspension tier in lieu of applying the lowest Compensation.

		
	c.
	[   ]    Additional/other tiers. Apply the following additional or other tiers:    (specify suspension tiers and ordering).

		
	(e)
	[   ]    Testing (Article IV) overrides. (Choose one or both of (1) and (2) as applicable.):

		
	(1)
	[ ] First few weeks rule for Code §415 testing Compensation (4.05(F)(1)). The Plan applies the first few weeks rule in Section 4.05(F)(1).

		
	(2)
	[ ] Post-Severance Compensation for Code §415 testing Compensation (4.05(F)). The Employer elects the following adjustments to Post-Severance Compensation for purposes of determining 415 testing Compensation (Choose one or more of a. through d.):

[Note: Under the basic plan document, if the Employer does not elect any adjustments, post-severance compensation includes leave cashouts and deferred compensation, and excludes military and disability continuation payments.]
		
	a.
	[   ]    Exclude leave cash-outs. See Section 1.11(I)(1)(b).

		
	b.
	[   ]    Exclude deferred compensation. See Section 1.11(I)(1)(c).

		
	c.
	[   ]    Include salary continuation for military service. See Section 1.11(I)(2).

		
	d.
	[   ]    Include salary continuation for disabled Participants. See Section 1.11(I)(3). (Choose one of (i) or (ii).):

		
	(i)
	[   ]    For Nonhighly Compensated Employees only.

		
	(ii)
	[   ]    For  all  Participants.  In  which  case  the  salary continuation  will  continue  for  the  following  fixed  or determinable period:    .

		
	(f)
	[   ]    Vesting (Article V) overrides. (Choose one or more of (1) through (6) as applicable.):

		
	(1)
	[ ] Application of non-top-heavy vesting and top-heavy  vesting  (5.03(A)(2)).  The  Employer  makes  the  following elections regarding the application of non-top-heavy vesting and top-heavy vesting (Choose a., b., and c. as applicable.):

		
	a.
	[ ] Election of non-top-heavy vesting. As to Plan Years where permitted and in such Plan Years when the Plan is not top-heavy, the following vesting schedule(s) apply. See Section 5.03(B). (Choose one or more of (i), (ii), or (iii) as applicable and complete (iv) and (v).):

(i)    [   ]    5-year cliff.
		
	(ii)
	[   ]    7-year graded.

(iii)    [   ]    Modified non-top-heavy. A modified non-top-heavy schedule as follows:       [Note: A modified non-top-heavy schedule must satisfy Code §411(a)(2).]
		
	(iv)
	Application to Contribution Types. Apply the elected non-top-heavy vesting schedule (Choose one of A. or B.):

		
	A.
	[   ]    All. To all Contribution Types subject to vesting (other than QACA Safe Harbor Contributions).

		
	B.
	[   ]    Describe application to affected Contribution Type(s):      

		
	(v)
	Application of top-heavy and non-top-heavy schedules. (Choose one of A. or B.):

		
	A.
	[   ]    Apply top-heavy schedule in all Plan Years once top-heavy.

		
	B.
	[   ]    Apply top-heavy schedule only in top-heavy Plan Years.

		
	b.
	[   ]    Election to eliminate HOS requirement post-EGTRRA or post-PPA for top-heavy vesting. The top-heavy vesting schedule(s) apply (Choose one or both of (i) and (ii).):

		
	(i)
	[   ]    No post-EGTRRA HOS requirement for Matching. To all Participants even if they do not have one Hour of Service in a Plan Year beginning after December 31, 2001.

		
	(ii)
	[   ]    No post-PPA HOS requirement for affected other Employer Contributions. To all Participants even if they do not have one Hour of Service in a Plan Year beginning after December 31, 2006.

	
			
	c.
	[   ]
	Election to apply top-heavy vesting  only as to post-EGTRRA or  post-PPA contributions.  The top-heavy

	 
	 
	vesting schedule(s) apply (Choose one or both of (i) and (ii).):

	 
	(i)
	[   ]    Post-EGTRRA  Matching  Contributions.   Only  to  Regular  Matching  Contributions  and  Additional Matching Contributions  made  in  Plan  Years  beginning after  December  31,  2001  and  to the  associated

Earnings.
		
	(ii)
	[   ]    Post-PPA  other  Employer  Contributions.  Only  to  non-Matching  Contributions  made  in  Plan  Years beginning after December 31, 2006, and to the associated Earnings.

	
				
	(2)
	[
	]
	Alternative "grossed-up" vesting formula (5.03(C)(2)). The Employer elects the alternative vesting formula described in Section 5.03(C)(2).

	(3)
	[
	]
	Source of Cash-Out forfeiture restoration (5.04(B)(5)). To restore a Participant's Account Balance as described in Section 5.04(B)(5), the Plan Administrator, to the extent necessary, will allocate from the following source(s) and in the following order (Specify, in order, one or more of the following: Forfeitures, Earnings, and/or Employer Contribution):   .

	(4)
	[
	]
	Deemed Cash-Out of 0% Vested Participant (5.04(C)). The deemed cash-out rule of Section 5.04(C) does not apply to the Plan.

	(5)
	[
	]
	Accounting for Cash-Out repayment; Contribution Type (5.04(D)(2)). In lieu of the accounting described in Section 5.04(D)(2), the Plan Administrator will account for a Participant's Account Balance attributable to a Cash-Out repayment

	 
	 
	 
	(Choose one of a. or b.):

	 
	a.
	 
	[   ]    Nonelective rule. Under the nonelective rule.

	 
	b.
	 
	[   ]    Rollover rule. Under the rollover rule.

	(6)
	[
	]
	One-year hold-out rule - vesting (5.06(D)). The one-year hold-out Break in Service rule under Code §411(a)(6)(B) applies.

		
	(g)
	[X]    Distribution (Article VI) overrides. (Choose one or more of (1) through (9) as applicable.):

		
	(1)
	[   ]    Restriction on In-Service Rollover Distributions (6.01(C)). A Participant shall be entitled to receive a distribution of Rollover Contributions, Employee Contributions and DECs (Choose one or more of a. through d. as applicable.):

		
	a.
	[   ]    Deferrals. Under the same provisions which apply to Elective Deferrals.

		
	b.
	[   ]    Match. Under the same provisions which apply to Matching Contributions.

		
	c.
	[   ]    Nonelective. Under the same provisions which apply to Nonelective Contributions.

		
	d.
	[   ]    Other:      

[Note: The Employer under Election 56(g)(1)d. may describe In-Service Rollover Distribution restrictions using the options available for In-Service Distributions under Election 47 and/or a combination thereof as to all Participants or as to any: (i) Participant group (e.g., Division A Rollover Accounts are distributable at age 59 1/2 OR Rollover Accounts of Employees hired on/before "x" date are distributable at age 59 1/2. No In-Service Rollover Distributions apply to Division B Employees OR to Employees hired after "x" date). An Employer's election under Election 56(g)(1)d. must: (i) be objectively determinable; (ii) not be subject to Employer discretion; (iii) preserve Protected Benefits as required; (iv) be nondiscriminatory; and (v) not permit an "early" distribution of any Restricted 401(k) Accounts or Restricted Pension Accounts. See Sections 6.01(C)(4) and 11.02(C)(3).]
		
	(2)
	[   ]    Elections related to In-Plan Roth Rollovers (6.01(C)(7)). (Choose one or more of a. through c. as applicable.):

		
	a.
	[ ] In-Service Roth Rollover events. The Employer elects to permit In-Service Distributions under the following conditions solely for purposes of making an In-Plan Roth Rollover Contribution (Choose one or more of (i) through (iv); select (v) if applicable.):

		
	(i)
	[   ]    Age. The Participant has attained age    .

		
	(ii)
	[   ]    Participation. The Participant has    months of participation (specify minimum of 60 months). Section 6.01(C)(4)(a)(ii).

		
	(iii)
	[   ]    Seasoning. The amounts being distributed have accumulated in the Plan for at least    years (at least 2). See Section 6.01(C)(4)(a)(i).

		
	(iv)
	[                                                 ]                                                  Other                                               (describe):       (must be definitely determinable and not subject to Employer discretion (e.g., age 50, but only with respect to Nonelective Contributions, and not Matching Contributions))

[Note: Regardless of any election above to the contrary, In-Plan Roth Rollover Contributions are not permitted from a Participant's Elective Deferral Account, Qualified Matching Contribution Account, Qualified Nonelective Contribution Account and accounts attributable to Safe Harbor Contributions prior to age 59 1/2.]
		
	(v)
	[ ] Distribution for withholding. A Participant may elect to have a portion of the  amount  that  may be distributed as an In-Plan Roth Rollover Contribution distributed solely for purposes of federal or state income tax withholding related to the In-Plan Roth Rollover Contribution.

		
	b.
	[   ]    Minimum amount. The minimum amount that may be rolled over is    (may not exceed $1,000).

		
	c.
	[ ] No transfer of loans. Loans may not be distributed as part of an In-Plan Roth Rollover Contribution. (if not selected, any loans may be transferred)

		
	(3)
	[X]    Elections related to Required Minimum Distributions. (Choose one or more of a. through c. as applicable.):

		
	a.
	[X] RMD overrides if Participant dies before DCD (6.02(B)(1)(e)). If the Participant dies before the DCD and the Beneficiary is a designated Beneficiary, the RMD distribution rules are modified as follows  (Choose one of (i) through (iv).):

		
	(i)
	[X]    Election of 5-year rule. If a Designated Beneficiary does not make a timely election, the 5-year rule applies in lieu of the Life Expectancy rule.

		
	(ii)
	[ ] Life Expectancy rule. The Life Expectancy rule applies to the Designated Beneficiary. See Section 6.02(B)(1)(d).

		
	(iii)
	[   ]    5-year rule. The 5-year rule applies to the Beneficiary. See Section 6.02(B)(1)(c).

		
	(iv)
	[   ]    Other:      

(Describe, e.g., the 5-year rule applies to all Beneficiaries other than a surviving spouse Beneficiary.)
		
	b.
	[ ] RBD definition (6.02(E)(7)(c)). In lieu of the RBD definition in Section 6.02(E)(7)(a) and (b), the  Plan Administrator (Choose one of (i) or (ii).):

		
	(i)
	[   ]    SBJPA definition indefinitely. Indefinitely will apply the pre-SBJPA RBD definition.

		
	(ii)
	[   ]    SBJPA definition to specified date. Will apply the pre-SBJPA definition until    (the stated date may not be earlier than January 1, 1997), and thereafter will apply the RBD definition in Sections 6.02(E)(7)(a) and (b).

		
	c.
	[X] 2009 RMD waiver elections (6.02(F)). In lieu of the 2009 RMDs suspension (subject  to  a  Participant  or Beneficiary election to continue), as provided in Section 6.02(F) (Choose one of (i) through (iii) if applicable. Choose (iv) or (v) if applicable.):

		
	(i)
	[ ] RMDs continued unless election. 2009 RMDs are continued as provided in Section 6.02(F)(2), unless a Participant or Beneficiary otherwise elects.

		
	(ii)
	[   ]    RMDs continued - no election. 2009 RMDs are continued as provided in Section 6.02(F)(3), without regard to a waiver. No election is available to Participants or Beneficiaries.

		
	(iii)
	[   ]     Other:       (Describe, e.g., the Plan suspended 2009 RMDs and did not offer an election or the Plan changed from one treatment of 2009 RMDs to another treatment during 2009.)

Treatment as Eligible Rollover Distribution. For purposes of 2009 RMDs, the Plan also will treat the following distributions as Eligible Rollover Distributions (Choose (iv) or (v), if applicable. If the Employer elects neither (iv) nor (v), then a direct rollover for 2009 will be offered only for distributions that would be Eligible Rollover Distributions without regard to Code §401(a)(9)(H).):
		
	(iv)
	[   ]    2009 RMDs and Extended 2009 RMDs, both as defined in Section 6.02(F).

		
	(v)
	[X] 2009 RMDs, as defined in Section 6.02(F), but only if paid with an additional amount that is an Eligible Rollover Distribution without regard to Code §401(a)(9)(H).

	
			
	(4)
	[X]
a.
	Distribution Methods (Choose one or both of a. and b. if applicable.):
[   ]    Default Distribution Methods (6.03(B)(2)). If a Participant or Beneficiary does not make a timely election as to

	 
	distribution method and timing the Plan Administrator will direct the Trustee to distribute using the following

	method and timing:     

	(Describe, e.g., Installments sufficient to satisfy RMD beginning at the Required Beginning Date. The selected

	method and timing must not be discriminatory and must be an option the plan makes available to participants and/or beneficiaries.)

b.    [X]    Beneficiary Distribution Methods (6.03(A)(2)). The Plan will distribute to the Beneficiary under the following distribution method(s). If more than one method is elected, the Beneficiary may choose the method of distribution:

	
					
	(i)
(ii)
(iii)
	[X]
[   ]
[   ]
	Lump-Sum. See Section 6.03(A)(3).
Installments sufficient to satisfy RMD. See Section 6.03(A)(4)(a).
Ad-Hoc sufficient to satisfy RMD. See Section 6.03(A)(6).

	(iv)
	[X]
	Other: (iv) [x] Installments, but only if the Life Expectancy Rule is  timely elected by a Designed Beneficiary, to the extent permitted by the Plan. (Describe, e.g., Lump-Sum or Installments for surviving spouse Beneficiaries, Lump-Sum only for all other Beneficiaries.)

	(5)
	[   ]
	Annuity Distributions (6.04). (Choose one or both of a. and b. if applicable.):

	 
	a.
	[   ]    Modification of QJSA (6.04(A)(3)). The Survivor Annuity percentage will be   %. (Specify a percentage between 50% and 100%.)

		
	b.
	[   ]    Modification of QPSA (6.04(B)(2)). The QPSA percentage will be    %. (Specify a percentage between 50% and 100%.)

		
	(6)
	[   ]    Hardship Distributions (6.07). (Choose one or both of a. and b. if applicable.):

		
	a.
	[   ]    Restriction on hardship source; grandfathering (6.07(E)). The hardship distribution limit includes grandfathered amounts.

		
	b.
	[   ]    Hardship  acceleration.  The  existence  of a  hardship  occurring after  Separation  from Service/Severance  from Employment will be determined under the non-safe harbor rules of Section 6.07(B).

	
				
	(7)
	[
	]
	Replacement of $5,000 amount (6.09). All Plan references (except in Sections 3.02(D), 3.10 and 3.12(C)(2)) to "$5,000" will be $   . (Specify an amount less than $5,000.)

	(8)
	[
	]
	Beneficiary's hardship need (6.07(H)). Effective   (Specify date not earlier than August 17, 2006), a Participant's hardship includes an immediate and heavy financial need of the Participant's primary Designated Beneficiary under the Plan, as described in Section 6.07(H).

	(9)
	[
	]
	Non-spouse beneficiary rollover not permitted before required (6.08(G)). For distributions after December 31, 2006, and before   (Specify a date not later than January 1, 2010), the Plan does not permit a Designated Beneficiary other than the Participant's surviving spouse to elect to roll over a death benefit distribution.

		
	(h)
	[   ]    Administrative overrides (Article VII). (Choose one or more of (1) through (7) as applicable.):

		
	(1)
	[ ] Contributions prior to accrual or precise determination  (7.04(B)(5)(b)).  The  Plan  Administrator  will  allocate Earnings described in Section 7.04(B)(5)(b) as follows (Choose one of a., b., or c.):

		
	a.
	[   ]    Treat as contribution. Treat the Earnings as an Employer Matching or Nonelective Contribution and allocate accordingly.

		
	b.
	[   ]    Balance forward. Allocate the Earnings using the balance forward method described in Section 7.04(B)(4)(b).

		
	c.
	[   ]    Weighted average. Allocate the Earnings on Matching Contributions using the weighted average method in a manner similar to the method described in Section 7.04(B)(4)(d).

		
	(2)
	[ ] Automatic revocation of spousal designation (7.05(A)(1)). The automatic revocation of a  spousal  Beneficiary designation in the case of divorce does not apply.

		
	(3)
	[   ]    Limitation on frequency of Beneficiary designation changes (7.05(A)(4)). Except in the case of a Participant incurring a major life event, a period of at least    must elapse between Beneficiary designation changes. (Specify a period of time, e.g., 90 days OR 12 months.)

		
	(4)
	[   ]    Definition of "spouse" (7.05(A)(5)). The following definition of "spouse" applies:    (Specify a definition.)

		
	(5)
	[  ] Administration of default provision; default Beneficiaries (7.05(C)). The following list of default Beneficiaries will apply:    (Specify, in order, one or more Beneficiaries who will receive the interest of a deceased Participant.)

		
	(6)
	[  ] Subsequent restoration of forfeiture-sources and ordering (7.07(A)(3)). Restoration of forfeitures will come from the following sources, in the following order    (Specify, in order, one or more of the following: Forfeitures, Employer Contribution, Trust Fund Earnings.)

		
	(7)
	[   ]    State law (7.10(H)). The law of the following state will apply:    (Specify one of the 50 states or the District of Columbia, or other appropriate legal jurisdiction, such as a territory of the United States or an Indian tribal government.)

		
	(i)
	[X]    Trust and insurance overrides (Articles VIII and IX). (Choose one or more of (1) through (3) if applicable.):

		
	(1)
	[X]    Employer  securities/real  property  in  Profit  Sharing  Plans/401(k)  Plans  (8.02(A)(13)(a)).  The  Plan  limit  on investment in qualifying Employer securities/real property is   25 %. (Specify a percentage which is less than 100%.)

		
	(2)
	[   ]    Provisions relating to insurance and insurance company (9.08). The following provisions apply:      

(Specify such language as necessary to accommodate life insurance Contracts the Plan holds.)
[Note: The provisions in this Election 56(i)(2) may override provisions in Article IX of the Plan, but must be consistent with all other provisions of the Plan.]
		
	(3)
	[   ]    Cross-pay when more than one entity adopts Plan not applicable (8.12). The cross-pay provisions of Section 8.12 do not apply.

		
	(j)
	[ ] Code Section 415 (Article XI) override (11.02(A)(1), 4.02(F)). Because of the required aggregation of multiple plans, to satisfy              Code §415, the following overriding provisions apply:       (Specify such language as necessary to satisfy §415, e.g., the Employer will reduce Additional Additions to this plan before reducing Annual Additions to other plans.)

		
	(k)
	[ ] Code Section 416 (Article XI) override (11.02(A)(1), 10.03(D)). Because of the required aggregation of multiple plans, to satisfy              Code §416, the following overriding provisions apply:       (Specify such language as necessary to satisfy §416, e.g., If an Employee participates in this Plan and another Plan the Employer maintains, the Employer will satisfy any Top-Heavy Minimum Allocation in this Plan and not the other plan.)

		
	(l)
	[   ]    Multiple Employer Plan (Article XII) overrides. (Choose (1) if applicable.):

		
	(1)
	[   ]    No involuntary termination for Participating Employer (12.11). The Lead Employer may not involuntarily terminate the participation of any Participating Employer under Section 12.11.

LIST OF GROUP TRUST FUNDS/PERMISSIBLE TRUST AMENDMENTS

57.    [ ] INVESTMENT IN GROUP TRUST FUND (8.09). The nondiscretionary Trustee, as directed or the discretionary Trustee acting without direction (and in addition to the discretionary Trustee's authority to invest in its own funds under Section 8.02(A)(3)), may invest in any of the following group trust funds:    . (Specify the names of one or more group trust funds in which the Plan can invest.)
[Note: A discretionary or nondiscretionary Trustee also may invest in any group trust fund authorized by an independent Named Fiduciary.]

58.    [   ]    DUTY TO COLLECT (8.02(D)(1)).    is hereby appointed as a Trustee for the Plan, and is referred to as the Special Trustee. The sole responsibility of the Special Trustee is to collect contributions the Employer owes to the Plan. No other Trustee has any duty to ensure that the contributions received comply with  the provisions of the Plan  or is obliged to collect any contributions from the Employer. No Trustee, other than the Special Trustee, is obliged to ensure that funds deposited are de posited according to the provisions of the Plan. The Special Trustee will execute a form accepting its position and agreeing to its obligations hereunder.

59.    [X] PERMISSIBLE TRUST AMENDMENTS (8.11). The Employer makes the following amendments to the Trust as permitted under Rev. Proc. 2011-49, Sections 5.09 and 14.04 (Choose one or more of (a) through (c) as applicable.):
[Note: Any amendment under this Election 59 must not: (i) conflict with any Plan provision unrelated to the Trust or Trustee; or (ii) cause the Plan to violate Code §401(a). The amendment may override, add to, delete or otherwise modify the Trust provisions. Do not use this Election 59 to substitute another pre-approved trust for the Trust. See Election 5(c) as to a substitute trust.]
		
	(a)
	[X]    Investments. The Employer amends the Trust provisions relating to Trust investments as follows:

 Future contributions will have a 25% limit on investment in qualifying Employer securities.    .
		
	(b)
	[   ]    Duties. The Employer amends the Trust provisions relating to Trustee (or Custodian) duties as follows:

     .
		
	(c)
	[   ]    Other administrative provisions. The Employer amends the other administrative provisions of the Trust as follows:

     .

APPENDIX D
TABLE I: ACTUARIAL FACTORS
UP-1984
Without Setback
	
				
	Number of years from attained age at the end of Plan Year until Normal Retirement Age
	7.50%
	8.00
	8.50

	0
	8.458
	8.196
	7.949

	1
	7.868
	7.589
	7.326

	2
	7.319
	7.027
	6.752

	3
	6.808
	6.506
	6.223

	4
	6.333
	6.024
	5.736

	5
	5.891
	5.578
	5.286

	6
	5.480
	5.165
	4.872

	7
	5.098
	4.782
	4.491

	8
	4.742
	4.428
	4.139

	9
	4.412
	4.100
	3.815

	10
	4.104
	3.796
	3.516

	11
	3.817
	3.515
	3.240

	12
	3.551
	3.255
	2.986

	13
	3.303
	3.014
	2.752

	14
	3.073
	2.790
	2.537

	15
	2.859
	2.584
	2.338

	16
	2.659
	2.392
	2.155

	17
	2.474
	2.215
	1.986

	18
	2.301
	2.051
	1.831

	19
	2.140
	1.899
	1.687

	20
	1.991
	1.758
	1.555

	21
	1.852
	1.628
	1.433

	22
	1.723
	1.508
	1.321

	23
	1.603
	1.396
	1.217

	24
	1.491
	1.293
	1.122

	25
	1.387
	1.197
	1.034

	26
	1.290
	1.108
	0.953

	27
	1.200
	1.026
	0.878

	28
	1.116
	0.950
	0.810

	29
	1.039
	0.880
	0.746

	30
	0.966
	0.814
	0.688

	31
	0.899
	0.754
	0.634

	32
	0.836
	0.698
	0.584

	33
	0.778
	0.647
	0.538

	34
	0.723
	0.599
	0.496

	35
	0.673
	0.554
	0.457

	36
	0.626
	0.513
	0.422

	37
	0.582
	0.475
	0.389

	38
	0.542
	0.440
	0.358

	39
	0.504
	0.407
	0.330

	40
	0.469
	0.377
	0.304

	41
	0.436
	0.349
	0.280

	42
	0.406
	0.323
	0.258

	43
	0.377
	0.299
	0.238

	44
	0.351
	0.277
	0.219

	45
	0.327
	0.257
	0.202

Note: A Participant's Actuarial Factor under Table I is the factor corresponding to the number of years until the Participant reaches his/her Normal Retirement Age under the Plan. A Participant's age as of the end of the current Plan Year is his/her age on his/her last birthday. For any Plan Year beginning on or after the Participant's attainment of Normal Retirement Age, the factor for "zero" years applies.

TABLE II: ADJUSTMENT TO ACTUARIAL FACTORS FOR NORMAL RETIREMENT AGE OTHER THAN 65
UP-1984
Without Setback

	
				
	Normal Retirement Age
	7.50%
	8.00%
	8.50%

	55
	1.2242
	1.2147
	1.2058

	56
	1.2043
	1.1959
	1.1879

	57
	1.1838
	1.1764
	1.1694

	58
	1.1627
	1.1563
	1.1503

	59
	1.1411
	1.1357
	1.1305

	60
	1.1188
	1.1144
	1.1101

	61
	1.0960
	1.0925
	1.0891

	62
	1.0726
	1.0700
	1.0676

	63
	1.0488
	1.0471
	1.0455

	64
	1.0246
	1.0237
	1.0229

	65
	1.0000
	1.0000
	1.0000

	66
	0.9752
	0.9760
	0.9767

	67
	0.9502
	0.9518
	0.9533

	68
	0.9251
	0.9274
	0.9296

	69
	0.8998
	0.9027
	0.9055

	70
	0.8740
	0.8776
	0.8810

	71
	0.8478
	0.8520
	0.8561

	72
	0.8214
	0.8261
	0.8307

	73
	0.7946
	0.7999
	0.8049

	74
	0.7678
	0.7735
	0.7790

	75
	0.7409
	0.7470
	0.7529

	76
	0.7140
	0.7205
	0.7268

	77
	0.6874
	0.6942
	0.7008

	78
	0.6611
	0.6682
	0.6751

	79
	0.6349
	0.6423
	0.6494

	80
	0.6090
	0.6165
	0.6238

Note: Use Table II only if the Normal Retirement Age for any Participant is not 65. If a Participant's Normal Retirement Age is not 65, adjust Table I by multiplying all factors applicable to that Participant in Table I by the appropriate Table II factor.

PPD ADOPTION AGREEMENT ADMINISTRATIVE CHECKLIST
  January 1, 2016     

This Administrative Checklist ("AC") is not part of the Adoption Agreement or Plan but is for the use of the Plan Administrator in administering the Plan. Relius software also uses the AC and the following Supporting Forms Checklist ("SFC") in preparing the Plan's SPD and some administrative forms, such as the Loan Policy, if applicable.

The plan document preparer need not complete the AC but may find it useful to do so. The preparer may modify the AC, including adding items, without affecting reliance on the Plan's opinion or advisory letter since the AC is not part of the approved Plan. Any change to this AC is not a Plan amendment and is not subject to any Plan provision or to Applicable Law regarding the timing or form of Plan amendments. However, the Plan Administrator's administration of any AC item must be in accordance with applicable Plan terms and with Applicable Law.

The AC reflects the Plan policies and operation as of the date set forth above and may also reflect Plan policies and operati on pre-dating the specified date.

AC1.   PLAN LOANS (7.06). The Plan permits or does not permit Participant Loans as follows (Choose one of (a) or (b).):
		
	(a)
	[   ]  Does not permit.

		
	(b)
	[X]  Permitted pursuant to the Loan Policy. See SFC Election 74 to complete Loan Policy.

AC2. PARTICIPANT DIRECTION OF INVESTMENT (7.03(B)). The Plan permits Participant direction of investment or does not permit Participant direction of investment as to some or all Accounts as follows (Choose one of (a) or (b).):
		
	(a)
	[   ]  Does not permit. The Plan does not permit Participant direction of investment of any Account.

		
	(b)
	[X]  Permitted as follows. The Plan permits Participant direction of investment. (Complete (1) through (4).):

		
	(1)
	Accounts affected. (Choose a. or choose one or more of b. through f.):

		
	a.
	[X]  All Accounts.

		
	b.
	[   ]  Elective Deferral Accounts (Pre-tax and Roth) and Employee Contributions.

		
	c.
	[   ]  All Nonelective Contribution Accounts.

		
	d.
	[   ]  All Matching Contribution Accounts.

		
	e.
	[   ]  All Rollover Contribution and Transfer Accounts.

		
	f.
	[   ]  Specify Accounts:      

		
	(2)
	Restrictions on Participant direction (Choose one of a. or b.):

		
	a.
	[   ]  None.  Provided  the investment  does  not  result  in a  prohibited  transaction,  give  rise  to UBTI,  create administrative problems or violate the Plan terms or Applicable Law.

b.    [X] Restrictions: The percentage of a Participant's contribution (i.e. redirect futur e contributions) or account balance (i.e. redirect current balance) that a Participant may direct to be invested in Fossil, Inc. Common Stock shall not exceed twenty five percent (25%).     
		
	(3)
	ERISA §404(c). (Choose one of a. or b.):

		
	a.
	[X]  Applies.

		
	b.
	[   ]  Does not apply.

		
	(4)
	QDIA (Qualified Default Investment Alternative). (Choose one of a. or b.):

		
	a.
	[X]  Applies. See SFC Election 122 for details.

		
	b.
	[   ]  Does not apply.

AC3.   ROLLOVER CONTRIBUTIONS (3.08). The Plan permits or does not permit Rollover Contributions as follows (Choose one of
		
	(a)
	or (b).):

		
	(a)
	[   ]  Does not permit.

		
	(b)
	[X]  Permits. Subject to approval by the Plan Administrator and as further described below (Complete (1) and (2).):

		
	(1)
	Who may roll over. (Choose one of a. or b.):

		
	a.
	[X]  Participants only.

		
	b.
	[   ]  Eligible Employees or Participants.

		
	(2)
	Sources/Types. The Plan will accept a Rollover Contribution (Choose one of a. or b.):

		
	a.
	[   ]  All. From any Eligible Retirement Plan and as to all Contribution Types eligible to be rolled into this Plan.

		
	b.
	[X]  Limited.  Only  from  the  following  types  of  Eligible  Retirement  Plans  and/or  as  to  the  following Contribution Types:  From any Eligible Retirement Plan, excluding Voluntary After-Tax contributions    .

AC4.   PLAN EXPENSES (7.04(C)). The Employer will pay or the Plan will be charged with non-settlor Plan expenses as follows
(Choose one of (a) or (b).):
		
	(a)
	[   ]  Employer  pays  all  expenses  except  those  intrinsic  to  Trust  assets  which  the  Plan  will  pay  (e.g.,  brokerage commissions).

		
	(b)
	[X]  Plan pays some or all non-settlor expenses. See SFC Election 119 for details.

AC5.   RELATED AND PARTICIPATING EMPLOYERS/MULTIPLE EMPLOYER PLAN (1.24(C)/(D)). There are or are not Related
Employers and Participating Employers as follows (Complete (a) through (d).):
		
	(a)
	Related Employers. (Choose one of (1) or (2).):

		
	(1)
	[X]  None.

		
	(2)
	[   ]  Name(s) of Related Employers:      

		
	(b)
	Participating (Related) Employers. (Choose one of (1) or (2).):

		
	(1)
	[   ]  None.

		
	(2)
	[X]  Name(s) of Participating Employers:  Fossil Partners, L.P., Arrow Merchandising, Inc., Fossil Stores I, Inc.      See SFC Election 76 for details.

		
	(c)
	Former Participating Employers. (Choose one of (1) or (2).):

		
	(1)
	[   ]  None.

		
	(2)
	[X]  Applies.

Name(s)    Date of cessation
	
		
	Fossil East, Tempus International Corp.    
	Prior to January 1, 2016 "Date of  Cessation"  will  be  provided upon request.    

	Fossil Stores II, Inc., Fossil New York, Inc.    
	Prior to January 1, 2016 "Date of  Cessation"  will  be  provided upon request.    

		
	(d)
	Multiple Employer Plan status. (Choose one of (1) or (2).):

		
	(1)
	[X]  Does not apply.

		
	(2)
	[   ]  Applies. The Signatory Employer is the Lead Employer and at least one Participating Employer is not a Related Employer. (Complete a.)

		
	a.
	Name(s) of Participating Employers (other than Related Employers described above):    . See SFC Election 76 for details.

AC6. TOP-HEAVY MINIMUM-MULTIPLE PLANS (10.03). If the Employer maintains another plan, this Plan provides that the Plan Administrator operationally will determine in which plan the Employer will satisfy the Top-Heavy Minimum Contribution (or benefit) requirement as to Non-Key Employees who participate in such plans and who are entitled to a Top-Heavy Minimum Contribution (or benefit). This Election documents the Plan Administrator's operational election. (Choose (a) or choose one of (b) or (c).):
		
	(a)
	[X]  Does not apply.

		
	(b)
	[   ]  If only another Defined Contribution Plan. Make the Top-Heavy Minimum Allocation (Choose one of (1) or (2).):

		
	(1)
	[   ]  To this Plan.

		
	(2)
	[   ]  To another Defined Contribution Plan:    (plan name)

		
	(c)
	[   ]  If one or more Defined Benefit Plans. Make the Top-Heavy Minimum Allocation or provide the top-heavy minimum benefit (Choose one of (1), (2), or (3).):

		
	(1)
	[   ]  To this Plan. Increase the Top-Heavy Minimum Allocation to 5%.

		
	(2)
	[   ]  To another Defined Contribution Plan. Increase the Top-Heavy Minimum Allocation to 5% and provide under the:    (name of other Defined Contribution Plan).

		
	(3)
	[   ]  To a Defined Benefit Plan. Provide the 2% top-heavy minimum benefit under the:    (name of Defined Benefit Plan) and applying the following interest rate and mortality assumptions:    .

AC7.   SELF-EMPLOYED PARTICIPANTS (1.22(A)). One or more self-employed Participants with Earned Income benefits in the Plan as follows (Choose one of (a) or (b).):
		
	(a)
	[X]  None.

		
	(b)
	[   ]  Applies.

AC8.   PROTECTED BENEFITS (11.02(C)). The following Protected Benefits no longer apply to all Participants or do not apply to designated amounts/Participants as indicated, having been eliminated by a Plan amendment (Choose one of (a) or (b).):
		
	(a)
	[X]  Does not apply. No Protected Benefits have been eliminated.

		
	(b)
	[   ]  Applies. Protected Benefits have been eliminated as follows (Choose one or more of rows (1) through (4) as applicable. Choose one of columns (1), (2), or (3), and complete column (4).):

	
					
	 
	(1) All Participants/ Accounts
	(2) Post-E.D. Contribution Accounts only
	(3) Post-E.D. Participants only
	(4) Effective Date (E.D.)

	(1)   [   ]  QJSA/QPSA distributions
	   [   ]
	[   ]
	[   ]
	________

	(2)   [   ]  Installment distributions   [   ]
	   [   ]
	[   ]
	[   ]
	________

	(3)   [   ]  In-kind distributions 
	   [   ]
	[   ]
	[   ]
	________

	(4)   [   ]  Specify:                                                                                                                               

AC9.   LIFE INSURANCE (9.01). The Trust invests or does not invest in life insurance Contracts as follows (Choose one of (a) or (b).):
		
	(a)
	[X]  Does not apply.

		
	(b)
	[   ]  Applies. Subject to the limitations and other provisions in Article IX and/or Appendix B.

AC10. DISTRIBUTION OF CASH OR PROPERTY (8.04). The Plan provides for distribution in the form of (Choose one of (a) or (b).):
		
	(a)
	[X]  Cash only. Except where property distribution is required or permitted under Section 8.04.

		
	(b)
	[   ]  Cash or property. At the distributee's election and consistent with any Plan Administrator policy under Section 8.04.

AC11. EMPLOYER SECURITIES/EMPLOYER REAL PROPERTY (8.02(A)(13)). The Trust invests or does not invest in qualifying Employer securities and/or qualifying Employer real property as follows (Choose one of (a) or (b).):
		
	(a)
	[   ]  Does not apply.

		
	(b)
	[X]  Applies. Such investments are subject to the limitations of Section 8.02(A)(13) and/or Appendix B.EX-10.1

 Exhibit 10.1 

Execution Version 

JPMorgan Chase Bank, N.A. 
 383
Madison Avenue 
 New York, New York 10179 

March 1, 2018 
 Microchip
Technology Incorporated 
 Credit Facilities 

Commitment Letter 
 Microchip Technology
Incorporated 
 2355 W. Chandler Blvd. 
 Chandler, Arizona
85224-6199 
 Attention: Steve Sanghi, Chief Executive Officer and Chairman of the Board, J. Eric Bjornholt, Vice President and Chief Financial Officer 

Ladies and Gentlemen: 
 You (the
“Borrower” or “you”) have informed JPMorgan Chase Bank, N.A. (“JPMCB”) that you intend to consummate the Transactions (such term and each other capitalized term used but not defined herein having the
meaning assigned to them in the Annexes and Exhibits to this Commitment Letter). JPMCB in any of its capacities hereunder, together with any financial institutions appointed as Additional Agents (as defined below) for the Credit Facilities, is
referred to herein as “we”, “us” or the “Commitment Parties”. 
 JPMCB is pleased to
advise you of its commitment to provide (a) the Term Loan Facility in an aggregate principal amount of up to $5,000 million, upon and subject to the terms and conditions set forth or referred to in this Commitment Letter and in the summary
of terms and conditions for such Term Loan Facility attached as Exhibit A (the “Senior Credit Facilities Term Sheet”) and (b) the Free Cash Flow Bridge Facility in an aggregate principal amount of up to $625 million, upon
and subject to the terms and conditions set forth or referred to in this Commitment Letter and in the summary of terms and conditions attached as Exhibit B (the “Free Cash Flow Bridge Facility Term Sheet” and together with the
Senior Credit Facilities Term Sheet, the “Term Sheets”). JPMCB is also pleased to advise you that (a) it is willing to act as lead arranger and bookrunner for each of the Credit Facilities, (b) in its capacity as an
Existing Lender, it is willing to consent to the amendments to the Existing Credit Agreement set forth in the summary of amendments on Annex B hereto (the “Backstopped Revolver Amendments”) and the additional amendments to the
Existing Credit Agreement that may be requested by the Borrower pursuant to the amendment provisions of the Existing Credit Agreement and which are set forth in the summary of amendments on Annex C hereto (the “Additional
Amendments”), and (c) it will use its commercially reasonable efforts to solicit the Required Approvals in connection with the Backstopped Revolver Amendments. In the event that, notwithstanding such efforts, one or more Existing
Lenders, whose consent is required for the Backstopped Revolver Amendments to become effective, are not willing to approve the Backstopped Revolver Amendments (each, a “Non-Consenting
Lender”), JPMCB is pleased to advise you of its commitment to provide the Backstop Revolving Facility, upon the terms and subject to the conditions set forth or referred to in this Commitment Letter and which shall have the same terms as
the Existing Credit Agreement after giving effect to the Backstopped Revolver Amendments (subject to the “flex” provisions of the Arranger Fee Letter (as defined below)). 

  
 1 

 It is agreed that, (x) if the Backstop Revolving Facility is provided, the Term Loan
Facility and the Backstop Revolving Facility shall be documented in a single credit agreement and related loan documentation and (y) if the Required Approvals are obtained and the Backstopped Revolver Amendments and the Additional Amendments
are approved by the Existing Lenders and, to the extent required by the Existing Credit Agreement, if so agreed by the required Existing Lenders, the amended Existing Credit Agreement and the Term Loan Facility may be documented in a single credit
agreement (including by documenting the Term Loan Facility as an “Incremental Term Loan” or as separate tranche of term loans established pursuant to the terms of the Existing Credit Agreement, as amended) or as separate credit agreements
and related loan documentation, as agreed between the Lead Arrangers and the Borrower. It is also agreed that JPMCB may, in lieu of the Backstop Revolving Facility, offer to acquire (and, if such offer is accepted, to acquire) by assignment at par
and pursuant to customary documentation, sufficient commitments and/or loans of Non-Consenting Lenders necessary to cause the Backstopped Revolver Amendments and/or Additional Amendments to become effective on
or prior to the Closing Date (any such commitments and/or loans so acquired by assignment, the “Acquired Facilities”). 

1. Titles and Roles 
 You
hereby appoint (a) JPMCB to act, and JPMCB hereby agrees to act, as lead arranger and bookrunner for the Senior Credit Facilities (in such capacity, the “Senior Credit Facilities Lead Arranger”), (b) JPMCB to act, and JPMCB
hereby agrees to act, as lead arranger and bookrunner for the Free Cash Flow Bridge Facility (in such capacity, the “Bridge Facility Lead Arranger”) and (c) JPMCB to act, and JPMCB hereby agrees to act, as lead arranger and
bookrunner for the Backstopped Revolver Amendments and the Additional Amendments (in such capacity, the “Amendment Lead Arranger”). You hereby also appoint JPMCB to act, and JPMCB hereby agrees to act, as lead arranger and
bookrunner for any additional term loan facility in lieu or in addition to the Term Loan Facility having the terms to be separately agreed between you and us (the “Additional Term Facilities”), in each case in connection with the
Transactions (in such capacity, the “Additional Facilities Lead Arranger” and, together with the Senior Credit Facilities Lead Arranger, the Bridge Facility Lead Arranger, the Amendment Lead Arranger and any Additional Agent (as
defined below) acting as joint lead arranger or bookrunner for the relevant credit facility, the “Lead Arrangers); provided that the Borrower agrees that JPMCB may perform its responsibilities hereunder through its affiliate, J.P.
Morgan Securities LLC. It is also agreed that JPMCB will act as the sole and exclusive administrative agent (in such capacity, the “Administrative Agent”) for each Credit Facility. 

In its capacity as Amendment Lead Arranger, JPMCB agrees to use its commercially reasonable efforts to solicit the Required Approvals in
connection with the Backstopped Revolver Amendments and to solicit the required approvals from the Existing Lenders in connection with the Additional Amendments, it being understood that the Amendment Lead Arranger shall endeavor to obtain the
Required Approvals expeditiously after the date hereof. You acknowledge that, except for the agreement set forth herein for such Commitment Party to provide its consent to such amendments in its capacity as an Existing Lender, this Commitment Letter
is neither an expressed nor an implied commitment by any Commitment Party, the Amendment Lead Arranger or Additional Facilities Lead Arranger or any of its affiliates to obtain the Backstopped Revolver Amendments, the Additional Amendments or to
provide any commitment with respect to any Additional Term Facilities. 
 You agree that no other agents,
co-agents or arrangers will be appointed, no other titles will be awarded and no compensation (other than that expressly contemplated by the Term Sheets and the Fee Letters referred to below) will be paid in
connection with the Credit Facilities or the Amendment unless you and we shall so agree; provided, however, that, within 21 days after the date hereof (or such later date as the Commitment Parties may agree), you may appoint
(x) up to 4 financial institutions reasonably 

  
 2 

 
satisfactory to JPMCB to act as joint lead arrangers and bookrunners for the Term Loan Facility and the Free Cash Flow Bridge Facility and (y) up to an additional 10 financial institutions
reasonably satisfactory to JPMCB to act as agents, co-agents, documentation agents, syndication agents or such other titles as may be agreed other than joint lead arrangers or bookrunners (collectively, the
“Additional Agents”). Such Additional Agents shall be appointed in a manner and with economics determined by you in consultation with us (it being understood that, to the extent you appoint any Additional Agents in respect of such
Credit Facilities, such financial institution or one or more of its affiliates shall commit to providing a percentage of the aggregate principal amount of each such Credit Facility at least commensurate with the economics awarded to such financial
institution or its affiliates, as applicable, and the commitment and economics of the Commitment Parties hereunder and under the Arranger Fee Letter in respect of each such Credit Facility will be proportionately reduced by the amount of the
commitments and economics of such appointed entity or its affiliates, as applicable, with respect to such Credit Facility upon the execution by such financial institution or such affiliate, as applicable, of customary joinder documentation
acceptable to you, and such Additional Agents shall assume the obligations of the “Commitment Parties” and, if applicable, the “Lead Arrangers” hereunder with respect to such Credit Facilities on terms reasonably acceptable to
the Commitment Parties and you and, thereafter, each such Additional Agent shall constitute a “Commitment Party” and, if applicable, a “Lead Arranger” under this Commitment Letter and under the Arranger Fee Letter; provided
further, however, that (x) in no event will JPMCB’s commitment and economics in respect of the Term Loan Facility be less than 40% of the aggregate principal amount and economics of the Term Loan Facility, (y) in no event
will JPMCB’s commitment and economics in respect of the Free Cash Flow Bridge Facility be less than 66.6% of the aggregate principal amount and economics of the Free Cash Flow Bridge Facility, and (y) no additional lead arrangers or
bookrunners may be appointed for the Backstop Revolving Facility. It is further agreed that in any Information Materials (as defined below) and all other offering or marketing materials in respect of the Credit Facilities and the Amendment, JPMCB
shall have “left side” designation and shall appear on the top left and shall hold the leading role and responsibility customarily associated with such “top left” placement. 

2. Syndication 
 The Lead
Arrangers intend to syndicate the Credit Facilities to a group of financial institutions (together with JPMCB, the “Lenders”) identified by the Lead Arrangers in consultation with you. The Lead Arrangers intend to commence
syndication and solicitation efforts promptly upon the execution of this Commitment Letter, and you agree to actively assist the Lead Arrangers in completing a syndication and solicitation reasonably satisfactory to them and you. Such assistance
shall include (a) your using commercially reasonable efforts to ensure that the syndication and solicitation efforts benefit materially from your existing lending relationships and, to the extent practical and reasonable and in all instances
not in contravention of the terms of the Purchase Agreement, those of the Target, (b) direct contact between senior management and certain advisors of the Borrower, on the one hand, and the proposed Lenders and Existing Lenders, on the other
hand (and your using commercially reasonable efforts to arrange, to the extent practical and reasonable in all instances and not in contravention of the terms of the Purchase Agreement, for the senior management and advisors of the Target to
participate in such contact to the extent consistent with the Purchase Agreement), (c) the hosting, with the Lead Arrangers, of a reasonable number of meetings and/or conference calls of prospective Lenders and Existing Lenders at times and
locations to be mutually agreed upon (and using your commercially reasonable efforts to arrange, to the extent practical and reasonable and in all circumstances not in contravention of the terms of the Purchase Agreement) for the officers of the
Target to be available for such meetings or calls), (d) your preparing and providing to the Commitment Parties (and using commercially reasonable efforts to cause, to the extent practical and reasonable and in all circumstances not in contravention
of the terms of the Purchase Agreement, the Target to prepare and provide) all customary information with respect to you and your subsidiaries and the Target and its subsidiaries and the Acquisition, including all financial information

  
 3 

 
and Projections (as defined below), as the Commitment Parties may reasonably request in connection with the arrangement and syndication of the Credit Facilities and the solicitation of the
Required Approvals and such additional required approvals with respect to the Additional Amendments and your assistance (and using your commercially reasonable efforts to cause, to the extent practical and reasonable and in all circumstances not in
contravention of the terms of the Purchase Agreement, the Target to assist) in the preparation of one or more confidential information memoranda (each, a “Confidential Information Memorandum”) and other customary marketing materials
to be used in connection with the syndication (all such information, memoranda and material, “Information Materials”), and (e) your ensuring that there is no competing offering, placement, arrangement or syndication of any bank
financing (other than the Credit Facilities, the Backstopped Revolver Amendments, the Additional Amendments or the Additional Term Facilities and up to $25.0 million of bank financing obtained by subsidiaries of the Borrower) or announcement
thereof by or on behalf of you or, after using your commercially reasonable efforts, to the extent practical and reasonable in all instances subject to, and not in contravention of, the terms of the Purchase Agreement, the Target and its
subsidiaries (it being understood that any indebtedness of the Target permitted to be incurred or outstanding under the Purchase Agreement shall be permitted). Upon the request of the Lead Arrangers, you will use your commercially reasonable efforts
to cause, to the extent practical and reasonable and in all circumstances not in contravention of the terms of the Purchase Agreement, the Target to furnish, for no fee, to the Commitment Parties an electronic version of the Target’s
trademarks, service marks and corporate logo for use in marketing materials for the purpose of facilitating the syndication of the Credit Facilities (the “License”); provided, however, that the License shall be used
solely for the purpose described above and may not be assigned or transferred. You also understand and acknowledge that we may provide to market data collectors, such as league table, or other service providers to the lending industry, information
regarding the closing date, size, type, purpose of, and parties to, the Credit Facilities. Without limiting your obligations to assist with syndication and solicitation efforts as set forth in this paragraph and the following paragraph, we agree
that we will not be released, relieved or novated from our commitment hereunder in connection with any syndication, assignment or participation to any Lender unless (a) (i) you have consented to such syndication or assignment in writing (such
consent not to be unreasonably withheld or delayed) and (ii) any such Lender is an Additional Agent (or the lending affiliate of such Additional Agent) and has entered into an amendment or joinder acceptable to you with respect to this
Commitment Letter committing to provide a portion of the Credit Facilities (in which case our commitments hereunder shall be reduced at such time by an amount equal to the commitment assumed by such Lender) or (b) such Lender shall have entered
into the applicable definitive financing documentation with respect to the Credit Facilities and funded the portion of the Credit Facilities required to be funded by it on the Closing Date. Notwithstanding anything to the contrary contained in this
Commitment Letter or the Fee Letters or any other letter agreement or undertaking concerning the financing of the Transaction to the contrary, neither the obtaining of any ratings nor the compliance with any of the other provisions set forth in
clauses (a) through (e) above or any other provision of this paragraph shall constitute a condition to the commitments hereunder or the funding of the Credit Facilities on the Closing Date. For the avoidance of doubt, the Borrower will not be
required to provide any information to the extent that the provision thereof would violate any attorney-client privilege, law, rule or regulation or any obligation of confidentiality binding on the Borrower or any of its subsidiaries;
provided that in the event that the Borrower does not provide information in reliance on this sentence, the Borrower shall provide notice to the Lead Arrangers that such information is being withheld and shall use its commercially reasonable
efforts to obtain a waiver to such confidentiality obligation and communicate, to the extent feasible, the applicable information in a way that would not violate the applicable obligation or risk waiver of such privilege. 

The Lead Arrangers will manage, in consultation with you, all aspects of the syndication of the Credit Facilities and the solicitation of the
Required Approvals and the additional required approvals related to the Additional Amendments, including decisions as to the selection of institutions to be approached and when they will be approached, when their commitments will be accepted, which

  
 4 

 
institutions will participate, the allocations of the commitments among the Lenders and the amount and distribution of fees among the Lenders (it being understood and agreed that such allocations
shall be reasonably acceptable to the Borrower and the Commitment Parties). In acting as the Lead Arrangers, each Lead Arranger will have no responsibility other than to arrange the syndication as set forth herein, and shall in no event be subject
to any fiduciary or other implied duties, and in acting as a Lead Arranger or in any other capacity, no Commitment Party will be subject to any fiduciary or other implied duties and is acting solely in the capacity of an arm’s length
contractual counterparty to the Borrower with respect to the arrangement of the Credit Facilities (including in connection with determining the terms of the Credit Facilities) and not as a financial advisor or a fiduciary to, or an agent of, the
Borrower or any other person. 
 3. Information 

At the request of the Lead Arrangers, you agree to assist in the preparation of a version of each Confidential Information Memorandum or other
Information Material (a “Public Version”) consisting exclusively of information with respect to you and your subsidiaries, the Target and its subsidiaries and the Acquisition that is either publicly available or not material with
respect to you and your subsidiaries, the Target and its subsidiaries, any of your or their respective securities or the Acquisition for purposes of United States federal and state securities laws. Such Public Versions, together with any other
information prepared by you or the Target or your or its subsidiaries or representatives and conspicuously marked “Public” (collectively, the “Public Information”), which at a minimum means that the word “Public”
will appear prominently on the first page of any such information, may be distributed by us to prospective Lenders (“Public Side Lenders”) who have advised us that they do not wish to receive material
non-public information (within the meaning of United States federal securities laws) with respect to the Target, the Borrower, their respective affiliates and any of their respective securities
(“MNPI”). You acknowledge and agree that, subject to the confidentiality and other provisions of this Commitment Letter, in addition to Public Information and unless you promptly notify us otherwise (provided that such materials
have been provided to you and your counsel for review a reasonable period of time prior thereto), (a) drafts and final definitive documentation with respect to the Credit Facilities (including the Amendment), (b) administrative materials prepared by
the Lead Arrangers for prospective Lenders (such as a lender meeting invitation, allocations and funding and closing memoranda) and (c) notifications of changes in the terms of the Credit Facilities may be distributed to Public Side Lenders. If
you advise us in (including by email) within a reasonable period of time prior to dissemination, that any of the foregoing should be distributed only to Private Side Lenders, then Public Side Lenders will not receive such materials without your
prior written consent. You acknowledge that any Commitment Party’s public-side employees and representatives who are publishing debt analysts may participate in any meetings held pursuant to clause (c) of the second preceding paragraph;
provided that such analysts shall not publish any information obtained from such meetings (i) until the syndication of the Credit Facilities has been completed upon the making of allocations by the Lead Arrangers and the Lead Arrangers
freeing the Credit Facilities to trade or (ii) in violation of any confidentiality agreement between you and the Commitment Parties. 

In connection with our distribution to prospective Lenders of any Confidential Information Memorandum and, upon our request, any other
Information Materials, you will execute and deliver (and you shall use commercially reasonable efforts to cause the Target, to the extent practical and reasonable and in all circumstances not in contravention of the terms of the Purchase Agreement,
to execute and deliver) to us customary authorization letter authorizing such distribution and, in the case of any Public Version thereof or other Public Information, representing that it only contains
non-MNPI. Each Confidential Information Memorandum will be accompanied by a disclaimer exculpating you and us with respect to any use thereof and of any related Information Materials by the recipients thereof.

  
 5 

 You hereby represent and covenant that (with respect to any information relating to the Target
and its subsidiaries, to your knowledge) (a) all written Information Materials (other than the Projections and information of a general economic or industry specific nature) that have been or will be made available to the Commitments Parties by
you or any of your representatives (after giving effect to all supplements and updates thereto made prior to the Closing Date) is or will be, in each case taken as a whole and together with the Borrower’s and Target’s filings with the
Securities and Exchange Commission, when furnished, correct in all material respects and does not or will not, when furnished, contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements
contained therein not materially misleading in light of the circumstances under which such statements are made and (b) the financial statements and other forward-looking information (the “Projections”) that have been or will be
made available to the Commitment Parties by you or any of your representatives have been or will be prepared in good faith based upon assumptions that are believed by you to be reasonable at the time prepared (it being understood that Projections
are not to be viewed as facts and that actual results may differ materially from projected results). You agree that if at any time prior to the execution of definitive financing documentation with respect to the Credit Facilities any of the
representations in the preceding sentence would be incorrect in any material respect if the Information Materials and Projections were being furnished, and such representations were being made, at such time, then you will (or, with respect to the
Information Materials and Projections relating to the Target and its subsidiaries, will use commercially reasonable efforts to, to the extent practical and reasonable and in all circumstances not in contravention of the terms of the Purchase
Agreement) promptly supplement, or cause to be supplemented, the Information Materials and Projections so that (with respect to Information Materials and Projections relating to the Target and its subsidiaries, to your knowledge) such
representations will be correct in all material respects at such time. You understand that in arranging and syndicating the Credit Facilities and the solicitation of the Required Approvals, the Lead Arrangers may use and rely on the Information and
Projections without independent verification thereof.    Notwithstanding anything to the contrary contained in this Commitment Letter or the Fee Letters or any other letter agreement or undertaking concerning the financing of the
Transaction to the contrary, none of the making of the representation in this Section 3, the provision of any supplement to any Information Materials or Projections, nor the accuracy of any such representation in this Section 3 or
supplement shall constitute a condition precedent to the availability and initial funding of the Credit Facilities on the Closing Date. 

4. Fees 
 As consideration
for the commitments and agreements, as applicable, of the Commitment Parties hereunder, you agree to pay the nonrefundable fees set forth in Annex A-I to the Senior Credit Facilities Term Sheet, the Free Cash
Flow Bridge Facility Term Sheet, the Arranger Fee Letter to you from the Lead Arrangers dated the date hereof and delivered herewith (the “Arranger Fee Letter”) and the Administrative Agent Fee Letter to you from the Administrative
Agent dated the date hereof and delivered herewith (the “Administrative Agent Fee Letter” and, together with the “Arranger Fee Letter, the “Fee Letters”). 

5. Conditions 

Notwithstanding anything in this Commitment Letter or the Fee Letters or any other letter agreement or other undertaking concerning the
financing of the Transactions to the contrary, (a) the only representations and warranties relating to you and your subsidiaries or the Target and its subsidiaries and your or their respective businesses or otherwise the accuracy of which shall
be a condition to the availability of the Credit Facilities on the Closing Date shall be (i) such of the representations made by the Target in the Purchase Agreement as are material to the interests of the Lenders, but only to the extent that
the Borrower (or an affiliate thereof) has the right to terminate its (and/or its affiliate’s) obligations 

  
 6 

 
under the Purchase Agreement or decline to consummate the Acquisition as a result of a breach of such representations in the Purchase Agreement (the “Purchase Agreement
Representations”) and (ii) the Specified Representations (as defined below), and (b) the terms of the definitive financing documentation with respect to the Credit Facilities shall be in a form such that they do not impair
availability of the Credit Facilities on the Closing Date if the applicable conditions set forth in the Senior Credit Facilities Term Sheet under the heading “CERTAIN CONDITIONS–Initial Conditions”, in the Free Cash Flow Bridge
Facility Term Sheet under the heading “CERTAIN CONDITIONS–Conditions” and in Exhibit C are satisfied or waived by the Lead Arrangers (it being understood that, to the extent any collateral (including the grant or perfection of any
security interest) referred to in the Term Sheets is not or cannot be provided on the Closing Date (other than the grant and perfection of security interests (i) in assets with respect to which a lien may be perfected solely by the filing of a
financing statement under the Uniform Commercial Code (“UCC”), or (ii) in capital stock of the Target and its material domestic subsidiaries (to the extent required by the Term Sheets) with respect to which a lien may be
perfected by the delivery of a stock certificate) (provided that any such certificated equity securities of the Target and such subsidiaries of the Target will only be required to be delivered on the Closing Date to the extent received from the
Target and so long as you have used your commercially reasonable efforts to obtain them on the Closing Date, in which case such certificated equity securities shall be delivered no later than 60 days after the Closing Date (or such longer period as
the Administrative Agent and the Borrower you agree)) after your use of commercially reasonable efforts to do so without undue burden or expense, then the provision of and/or perfection of a security interest in such collateral shall not constitute
a condition precedent to the availability of the Credit Facilities on the Closing Date, but may instead be provided after the Closing Date pursuant to arrangements to be mutually agreed but no later than 90 days after the Closing Date (or such
longer period as the Administrative Agent and the Borrower agree). For purposes hereof, “Specified Representations” means the representations and warranties of the Loan Parties referred to in the Term Sheets relating to
organizational existence of the Loan Parties; power and authority; due authorization, execution and delivery of, and enforceability of, the definitive financing documentation with respect to the Credit Facilities by the Loan Parties; creation,
validity and perfection of liens under the security documents (subject to the limitations set forth in the preceding sentence and security interests and liens permitted under the definitive financing documentation for the Credit Facilities); no
conflicts with organizational documents of the Borrower or any Loan Party as it relates to the entry into and performance by such Loan Party of the definitive financing documentation for the Credit Facilities ; use of proceeds of the Credit
Facilities on the Closing Date not violating OFAC or the FCPA; Patriot Act; Federal Reserve margin regulations; and the Investment Company Act. Notwithstanding anything in this Commitment Letter or the Fee Letters to the contrary, the only
conditions to availability of the Credit Facilities on the Closing Date are set forth in the Senior Credit Facilities Term Sheet under the heading “CERTAIN CONDITIONS–Initial Conditions”, in the Free Cash Flow Bridge Facility Term
Sheet under the heading “CERTAIN CONDITIONS–Conditions” and in Exhibit C. This paragraph, and the provisions herein, shall be referred to as the “Limited Conditionality Provision”. 

6. Indemnity 
 You agree
(a) to indemnify and hold harmless each Commitment Party, each Lead Arranger and its affiliates and their respective officers, directors, employees, advisors, affiliates and agents of such persons or any of its controlling persons or any of its
affiliates, agents or representatives (each, an “Indemnified Person”) from and against any and all losses, claims, damages and liabilities to which any such Indemnified Person may become subject arising out of or in connection with
this Commitment Letter, the Fee Letters, the Credit Facilities, the Amendment, the Additional Amendments, the Additional Term Facilities, the use of the proceeds thereof or any related transaction or any claim, litigation, investigation or
proceeding relating to any of the foregoing (including in relation to enforcing the terms of this paragraph) (each, a “Proceeding”), regardless of whether any Indemnified Person is a party thereto or whether such Proceedings are
brought by you, your equity holders, affiliates, creditors or any other 

  
 7 

 
person, and to reimburse each Indemnified Person upon demand for any reasonable documented legal or other expenses incurred in connection with investigating or defending any of the foregoing by
one firm of counsel for all such Indemnified Persons, taken as a whole, and, if necessary, by a single firm of local counsel in each appropriate jurisdiction (which may include a single firm of special counsel acting in multiple jurisdictions) for
all such Indemnified Persons, taken as whole (and, in the case of an actual or perceived conflict of interest where the Indemnified Person affected by such conflict notifies you of the existence of such conflict and thereafter retains its own
counsel, by another firm of counsel for such affected Indemnified Person) or other reasonable documented expenses incurred in connection with investigating, responding to, or defending any of the foregoing; provided that the foregoing
indemnity will not, as to any Indemnified Person, apply to losses, claims, damages, liabilities or related expenses to the extent they are found by a final, non-appealable judgment of a court to arise from
(x) the willful misconduct, bad faith or gross negligence of such Indemnified Person or Related Indemnified Person, (y) material breach by such Indemnified Person or any Related Indemnified Person of its obligations hereunder pursuant to a
claim made by the Borrower, or (z) any dispute or Proceeding solely among Indemnified Persons (not arising as a result of any act or omission of the Borrower or any of its subsidiaries), and (b) to reimburse the Commitment Parties and
their affiliates on demand for all reasonable and documented out-of-pocket expenses (including due diligence expenses, syndication expenses, consultant’s fees and
expenses, electronic distribution, travel expenses, and fees, charges and disbursements of counsel) incurred in connection with the Credit Facilities, the Amendment, the Additional Amendments, the Additional Term Facilities and any related
documentation (including this Commitment Letter, the Term Sheets, the Fee Letters and the definitive financing documentation) or the administration, amendment, modification or waiver thereof. No Indemnified Person shall be liable for any damages
arising from the use by others of Information or other materials obtained through electronic, telecommunications or other information transmission systems (except to the extent they are found by a final,
non-appealable judgment of a court of competent jurisdiction to arise from the gross negligence, bad faith or willful misconduct of such Indemnified Person or any Related Indemnified Person). None of you (or
any of your subsidiaries), the Target (or any of its subsidiaries) or any Indemnified Person or Related Indemnified Person shall be liable for any special, indirect, consequential or punitive damages in connection with the Credit Facilities, the
Amendment, the Additional Amendments or the Additional Term Facilities or its activities related thereto; provided that the foregoing shall not limit your indemnity obligations to the extent that such special, indirect, consequential or
punitive damages are included in any claim by a third party with respect to which the applicable Indemnified Person is entitled to indemnification under the first paragraph of this Section 6. 

You shall not be liable for any settlement of any Proceeding effected without your written consent (which consent shall not be unreasonably
withheld), but if settled with your written consent or if there is a final and non-appealable judgment by a court of competent jurisdiction for the plaintiff in such Proceeding, you agree to indemnify and hold
harmless each Indemnified Person from and against any and all losses, claims, damages, liabilities and reasonable documented legal expenses by reason of such settlement or judgment in accordance with and to the extent provided in this
Section 6. 
 You shall not, without the prior written consent of an Indemnified Person (which consent shall not be unreasonably
withheld, delayed or conditioned), effect any settlement of any pending or threatened Proceedings in respect of which indemnity could have been sought hereunder by such Indemnified Person unless such settlement (a) includes an unconditional
release of such Indemnified Person in form and substance reasonably satisfactory to such Indemnified Person from all liability on claims that are the subject matter of such Proceedings and (b) does not include any statement as to, or any
admission of, fault, culpability or a failure to act by or on behalf of any Indemnified Person or any injunctive relief or other non-monetary remedy. You acknowledge that any failure to comply with your
obligations under the preceding sentence may cause irreparable harm to the Commitment Parties and the other indemnified persons. 

  
 8 

 Each Indemnified Person shall be severally obligated to refund or return to you any and all
amounts paid by you under this Section 6 to the extent such Indemnified Person is not entitled to payment of such amounts in accordance with the terms hereof (as determined by a court of competent jurisdiction in a final, non-appealable judgment). 
 “Related Indemnified Person” of an Indemnified Person means
(a) any controlling person or any affiliate of such Indemnified Person, (b) the respective directors, officers, employees or agents of such Indemnified Person or any of its controlling persons or any of its affiliates and (c) the
respective agents, advisors and representatives of such Indemnified Person or any of its controlling persons or any of its affiliates, in the case of this clause (c), acting at the instructions of such Indemnified Person, controlling person or such
affiliate (it being understood and agreed that any agent, advisor or representative of such Indemnified Person or any of its controlling persons or any of its affiliates engaged to represent or otherwise advise such Indemnified Person, controlling
person or affiliate in connection with the Transactions shall be deemed to be acting at the instruction of such person). 
 7. Affiliate
Activities, Sharing of Information, Absence of Fiduciary Relationships. 
 You acknowledge that each Commitment Party, each Lead Arranger
and their affiliates may be providing debt financing, equity capital or other services (including financial advisory services) to other companies in respect of which you may have conflicting interests regarding the transactions described herein and
otherwise. None of the Commitment Parties or the Lead Arrangers will use confidential information obtained from you by virtue of the transactions contemplated by this Commitment Letter or their other relationships with you in connection with the
performance by the Commitment Parties of services for other companies, and the Commitment Parties will not furnish any such information to other companies. You also acknowledge that the Commitment Parties have no obligation to use in connection with
the transactions contemplated by this letter, or to furnish to you, confidential information obtained from other companies. 
 You agree
that each Commitment Party will act under this Commitment Letter as independent contractors and that nothing in this Commitment Letter will be deemed to create an advisory, fiduciary or agency relationship or fiduciary or other implied duty between
any Commitment Party and you and your respective equity holders or your and their respective affiliates. You acknowledge and agree that (i) the transactions contemplated by this Commitment Letter are
arm’s-length commercial transactions between the Commitment Parties and, if applicable, its affiliates, on the one hand, and you, on the other, (ii) in connection therewith and with the process
leading to such transaction the Commitment Party and, if applicable, its affiliates, is acting solely as a principal and has not been, is not and will not be acting as an advisor, agent or fiduciary of you, your management, equity holders,
creditors, affiliates or any other person and (iii) each Commitment Party and, if applicable, its affiliates, has not assumed an advisory or fiduciary responsibility or any other obligation in favor of you or your affiliates with respect to the
transactions contemplated hereby or the process leading thereto (irrespective of whether such Commitment Party or any of its affiliates has advised or is currently advising you or your affiliates on other matters) except the obligations expressly
set forth in this Commitment Letter. You further acknowledge and agree that (i) you are responsible for making your own independent judgment with respect to such transactions and the process leading thereto, (ii) you are capable of
evaluating and understand and accept the terms, risks and conditions of the transactions contemplated hereby, and no Commitment Party shall have any responsibility or liability to you with respect thereto, and (iii) no Commitment Party is
advising the Borrower as to any legal, tax, investment, accounting, regulatory or any other matters in any jurisdiction, and you shall consult with your own advisors concerning such matters and you shall be responsible for making your own
independent investigation and appraisal of the transactions contemplated hereby. Any review by any Commitment Party of the Borrower, the 

  
 9 

 
transactions contemplated hereby or other matters relating to such transactions will be performed solely for the benefit of such Commitment Party and shall not be on behalf of the Borrower. The
Borrower agrees that it will not assert any claim against any Lead Arranger based on an alleged breach of fiduciary duty by any Lead Arranger in connection with this Commitment Letter and the transactions contemplated hereby. 

You further acknowledge that each Commitment Party (and its affiliates) is a full service securities or banking firm engaged in securities
trading and brokerage activities as well as providing investment banking and other financial services. In the ordinary course of business, each Commitment Party and its affiliates may provide investment banking and other financial services to,
and/or acquire, hold or sell, for its own account and the accounts of customers, equity, debt and other securities and financial instruments (including bank loans and other obligations) of, you and other companies with which you may have commercial
or other relationships. With respect to any securities and/or financial instruments so held by any Commitment Party, any of its affiliates or any of their respective customers, all rights in respect of such securities and financial instruments,
including any voting rights, will be exercised by the holder of the rights, in its sole discretion. 
 8. Confidentiality 

This Commitment Letter is delivered to you on the understanding that neither this Commitment Letter, the Term Sheets or the Fee Letters nor any
of their terms or substance shall be disclosed, directly or indirectly, to any other person (including, without limitation, other potential providers or arrangers of financing) except (a) to your officers, directors, employees, agents,
attorneys, accountants and advisors and (in the case of the Fee Letters, subject to the Fee Letters being redacted in a manner reasonably satisfactory to us) those of the Target and its subsidiaries and the Target itself who are directly involved in
the consideration of this matter and for whom you shall be responsible for any breach by any of them of this confidentiality undertaking, (b) as may be compelled in a judicial or administrative proceeding or as otherwise required by law, rule
or regulation or compulsory legal process or to the extent required by governmental and/or regulatory authorities (in which case you agree to inform us promptly thereof if permitted by applicable law), (c) upon notice to the Commitment Parties, this
Commitment Letter and the existence and contents hereof (but not the Fee Letters or the contents thereof other than the existence thereof and the contents thereof as part of projections, pro forma information and/or a generic disclosure of aggregate
sources and uses to the extent customary in marketing materials and other required filings), in any syndication, solicitation or other marketing material in connection with the Credit Facilities or the Amendment, in any prospectus or offering
memorandum related to the issuance of equity securities or debt securities (whether or not equity linked) or in connection with any public filing requirement, (d) the Term Sheets may be disclosed to potential Lenders and Existing Lenders and to
any rating agency in connection with the Acquisition, the Credit Facilities and the Amendment, (e) the Term Sheets may be disclosed to any rating agency in connection with obtaining ratings for the Borrower and/or the Credit Facilities,
(f) if the Lead Arrangers consent in writing to such proposed disclosure. 
 The Commitment Parties shall use all nonpublic information
received by it in connection with the Acquisition and the related transactions solely for the purposes of providing the services that are the subject of this Commitment Letter and shall treat confidentially all such information; provided,
however, that nothing herein shall prevent the Commitment Parties from disclosing any such information (a) to the extent necessary to rating agencies in connection with the Credit Facilities, (b) to any Existing Lenders or
participants or prospective Lenders or participants, (c) in any legal, judicial, administrative proceeding or other compulsory process or as required by applicable law or regulations (in which case the Commitment Parties shall promptly notify
you, in advance, to the extent permitted by law), (d) upon the request or demand of any regulatory authority having jurisdiction over the Commitment Parties or their affiliates (in which case (except with respect to any audit or examination
conducted by bank regulatory authorities 

  
 10 

 
exercising examination regulatory authority) the Commitment Parties shall promptly notify you, in advance, to the extent permitted by law), (e) on a need to know basis to the employees, legal
counsel, independent auditors, professionals and other experts or agents of the Commitment Parties (collectively, “Representatives”) who are informed of the confidential nature of such information and are or have been advised of
their obligation to keep information of this type confidential and the Commitment Parties shall be responsible for such person’s compliance with this paragraph, (f) on a need to know basis to any of its respective affiliates
(provided that any such affiliate is advised of its obligation to retain such information as confidential, and the Commitment Parties shall be responsible for its affiliates’ compliance with this paragraph) solely in connection with the
Acquisition and any related transactions, (g) to the extent any such information becomes publicly available other than by reason of disclosure by the Commitment Parties, their affiliates or Representatives in breach of this Commitment Letter,
(h) for purposes of establishing a “due diligence” defense and (i) pursuant to customary disclosure about the terms of the financing contemplated hereby in the ordinary course of business to market data collectors and similar
service providers to the loan industry for league table purposes; provided that the disclosure of any such information to any Existing Lenders or prospective Lenders or participants or prospective participants referred to above shall be made
subject to the acknowledgment and agreement by such Existing Lender or prospective Lender or participant or prospective participant that such information is being disseminated on a confidential basis (on substantially the terms set forth in this
paragraph or as is otherwise reasonably acceptable to you) in accordance with the standard syndication processes of the Commitment Parties or customary market standards for dissemination of such type of information. The provisions of this paragraph
shall automatically terminate two years following the date of this Commitment Letter. 
 9. Miscellaneous 

This Commitment Letter shall not be assignable by you without the prior written consent of each Commitment Party and each Lead Arranger (and
any purported assignment without such consent shall be null and void), is intended to be solely for the benefit of the parties hereto and the indemnified persons and is not intended to confer any benefits upon, or create any rights in favor of, any
person other than the parties hereto and the Indemnified Persons. This Commitment Letter may not be amended or waived except by an instrument in writing signed by you, each Commitment Party and each Lead Arranger. This Commitment Letter may be
executed in any number of counterparts, each of which shall be an original, and all of which, when taken together, shall constitute one agreement. Delivery of an executed signature page of this Commitment Letter by facsimile or other electronic
imaging shall be effective as delivery of a manually executed counterpart hereof. This Commitment Letter, the Fee Letters and the documentation with respect to the Existing Credit Agreement are the only agreements that have been entered into among
us with respect to the Credit Facilities and/or the Amendment and set forth the entire understanding of the parties with respect thereto. 

You shall have the right to reduce the amount of the commitments under the Free Cash Flow Bridge Facility in whole or in part by written
notice to Bridge Facility Lead Arranger, subject to (i) compliance with any applicable requirements in the Purchase Agreement (as in effect on the date hereof) and (ii) the reasonable satisfaction of the Bridge Facility Lead Arranger that
the Company shall have sufficient liquidity on a pro forma basis immediately after giving effect to such reduction and the consummation of the Transactions. 

This Commitment Letter shall be governed by, and construed in accordance with, the law of the State of New York. This Commitment Letter
supersedes any and all prior versions thereof. The Borrower consents to the exclusive jurisdiction and venue of the United States District Court for the Southern District of New York sitting in the Borough of Manhattan (or if such court lacks
subject matter jurisdiction, the Supreme Court of the State of New York sitting in the Borough of Manhattan). Each party hereto irrevocably waives, to the fullest extent permitted by applicable law, (a) any right it may

  
 11 

 
have to a trial by jury in any legal proceeding arising out of or relating to this Commitment Letter, the Fee Letters or the transactions contemplated hereby or thereby (whether based on
contract, tort or any other theory) and (b) any objection that it may now or hereafter have to the laying of venue of any such legal proceeding in the federal or state courts located in the City of New York. The Borrower and each Commitment
Party and each Lead Arranger irrevocably agrees to waive trial by jury in any suit, action, proceeding, claim or counterclaim brought by or on behalf of any party related to or arising out of the Transactions, this Commitment Letter, the Term Sheets
or the Fee Letters or the performance of services hereunder. 
 Notwithstanding the preceding paragraph, the governing law provisions of
this Commitment Letter and the Fee Letters, it is understood and agreed that (a) the interpretation of the definition of “Company Material Adverse Effect” (and whether or not a Company Material Adverse Effect has occurred), (b) the
determination of the accuracy of any Purchase Agreement Representations and whether as a result of any inaccuracy thereof you or your applicable affiliate has the right to terminate your or their obligations under the Purchase Agreement or to
decline to consummate the Acquisition and (c) the determination of whether the Acquisition has been consummated in accordance with the terms of the Purchase Agreement and, in any case, claims or disputes arising out of any such interpretation
or determination or any aspect thereof, in each case, shall be governed by, and construed in accordance with, the laws of the State of Delaware, without regard to its rules of conflict of laws that would cause the application of the laws of any
jurisdiction other than the State of Delaware. 
 Each Commitment Party and each Lead Arranger hereby notifies you that pursuant to the
requirements of the USA Patriot Act, Title III of Pub. L. 107-56 (signed into law October 26, 2001) (the “Patriot Act”), it and each of the Lenders may be required to obtain, verify and
record information that identifies you and your subsidiaries, which information may include the name, address and tax identification number and other information regarding them that will allow such Commitment Party and such Lead Arranger and each of
the Lenders to identify them in accordance with the Patriot Act. This notice is given in accordance with the requirements of the Patriot Act and is effective for each Commitment Party, each Lead Arranger and each of the Lenders. 

The syndication, compensation, reimbursement, indemnification, jurisdiction, governing law, waiver of jury trial, no fiduciary relationship
and, except as expressly set forth above, confidentiality provisions contained herein and in the Fee Letters shall remain in full force and effect regardless of whether the Credit Documentation shall be executed and delivered and notwithstanding the
termination of this Commitment Letter or the commitments hereunder; provided that your obligations under this Commitment Letter (other than your obligations with respect to (a) assistance to be provided in connection with the syndication
thereof (including as to the provision of information and representations with respect thereto) and (b) confidentiality) shall automatically terminate and be superseded, to the extent comparable, by the provisions of the Credit Facilities
Documentation upon the initial funding thereunder, and you shall automatically be released from all liability in connection therewith at such time, in each case to the extent the Credit Facilities Documentation has comparable provisions with
comparable coverage. 
 You hereby authorize the Commitment Parties, at its sole expense, and with your prior approval, to include the
Borrower’s name and logo in advertising slicks posted on our internet site, in pitchbooks or sent in mailings to prospective customers and to give such other publicity to the Credit Facilities as it may from time to time determine in its sole
discretion. Notwithstanding the foregoing, we will not publish the Borrower’s name in a newspaper or magazine without obtaining your prior written approval. The foregoing authorization shall remain in effect unless the Borrower notifies the
Commitment Parties in writing that such authorization is revoked. 

  
 12 

 Section headings used herein are for convenience of reference only and are not to affect the
construction of, or to be taken into consideration in interpreting, this Commitment Letter. 
 If the foregoing correctly sets forth our
agreement, please indicate your acceptance of the terms hereof and of the Term Sheet and the Fee Letter by returning to JPMCB the executed counterparts hereof and of the Fee Letters (the date of your countersigning of this Commitment Letter and the
Fee Letter (the “Acceptance Date”), in each case not later than 5:00 p.m., New York time, on the date that is three business days after the date hereof. The commitments and agreements, as applicable, of the Commitment Parties herein
will expire at such time in the event JPMCB has not received such executed counterparts in accordance with the immediately preceding sentence. In the event that (i) the initial borrowing under the Credit Facilities does not occur on or before
the “Termination Date” (as such term in defined in the Purchase Agreement as in effect on the date hereof, and as such Termination Date may be extended pursuant to the terms of Section 8.1(d) of the Purchase Agreement as in effect on
the date hereof), (ii) the Purchase Agreement is terminated without the funding of the Credit Facilities or (iii) the closing of the Acquisition occurs without the use of the Credit Facilities (such earlier date, the “Expiration
Date”), then this Commitment Letter and the commitments hereunder shall automatically terminate unless the Commitment Parties shall, in their sole discretion, agree to an extension. Notwithstanding the foregoing, upon the obtaining of the
Required Approvals and the effectiveness of the Amendment, the commitments and any other obligations of the Commitment Parties in respect of the Backstop Revolving Facility shall be terminated and have no further force or effect without any further
action by the Commitment Parties or you. 

  
 13 

 JPMCB is pleased to have been given the opportunity to assist you in connection with this
important financing. 
  

			
	Very truly yours,
	
	JPMORGAN CHASE BANK,
	N.A.
		
	By:	 	 /s/ David F. Gibbs

		 	Name: David F. Gibbs
		 	Title: Managing Director

 Accepted and agreed to as of 

the date first written above by: 
 MICROCHIP TECHNOLOGY
INCORPORATED 
  

			
	By:	 	 /s/ J. Eric Bjornholt

		 	Name: J. Eric Bjornholt
		 	Title: Vice President and Chief Financial Officer

  
 14 

 Annex A 

TRANSACTION SUMMARY 

Capitalized terms used but not defined in this Annex A shall have the meanings set forth in the Commitment Letter to which this Annex A is
attached and in Exhibit A, Exhibit B or Exhibit C thereto. 
 Microchip Technology Incorporated (the “Company” or
“Borrower,” as applicable) intends, through a newly formed subsidiary (“MergerSub”), to acquire (the “Acquisition”) a company previously identified to us by you as “Yankee” (the
“Target”) through a merger transaction, pursuant to an Agreement and Plan of Merger (together with all exhibits, schedules and disclosure letters thereto, the “Purchase Agreement”), dated as of March 1, 2018,
among the Target, MergerSub and the Borrower. In connection therewith, it is intended that: 
  

	 	(a)	The Borrower will obtain a secured term loan facility in an aggregate principal amount of up to $5,000 million (the “Term Loan Facility”) having the terms described in Exhibit A; 

 

	 	(b)	The Borrower will either (i) amend or amend and restate the $3,122 million revolving credit facility outstanding under its existing Amended and Restated Credit Agreement dated as of June 27, 2013, as
amended and restated as of February 4, 2015, and as further amended by Amendment No. 1 thereto, dated as of December 4, 2015, Amendment No. 2 thereto, dated as of February 8, 2017, and Amendment No. 3 thereto, dated as
of June 16, 2017 (as so amended, the “Existing Credit Agreement”), among the Borrower, the lenders party thereto (the “Existing Lenders”), and JPMCB, as administrative agent, to give effect to the amendments
set forth in the summary of amendments on Annex B hereto (the “Backstopped Revolver Amendments”) and any such additional amendments set forth on Annex C hereto (the “Additional Amendments”) consented by the Existing
Lenders (such amendment or amendment and restatement of the Existing Credit Agreement to give effect to such Backstopped Revolver Amendments and any Additional Amendments, the “Amendment”) or (ii) if the required Existing
Lenders under the Existing Credit Agreement are not willing to approve the Backstopped Revolver Amendments (the “Required Approvals”), replace the revolving credit facility outstanding under the Existing Credit Agreement with a new
$3,122 million revolving credit facility (the “Backstop Revolving Facility”, together with the Term Loan Facility, the “Senior Credit Facilities”), which Backstop Revolving Facility shall have the same terms as
the Existing Credit Agreement after giving effect to the Backstopped Revolver Amendments, as described in Exhibit A; 

  

	 	(c)	To the extent necessary to fund the Acquisition, the Borrower will obtain up to a $625 million 364-day secured bridge facility having the terms set forth in Exhibit B (the
“Free Cash Flow Bridge Facility”, and together with the Senior Credit Facilities, the “Credit Facilities”). 

  
 15 

	 	(d)	The Borrower intends to issue senior secured or unsecured notes in an aggregate principal amount of up to $3,000 million pursuant to an offering under Rule 144A and/or Regulation S under the Securities Act of 1933,
as amended, with or without registration rights or pursuant to a registered public debt offering (the “Senior Notes”), the net proceeds of which shall reduce the aggregate principal amount of the Term Loan Facility. The Borrower may
also issue equity securities in the form of preferred stock, mandatorily convertible securities and other hybrid equity securities or common stock or forward sale of equity (the “Equity Securities”) currently anticipated in an
aggregate amount of up to $1,000 million, the net proceeds of which shall reduce the aggregate principal amount of the Term Loan Facility. 

  

	 	(e)	The proceeds of the Term Loan Facility, the Senior Notes, the Equity Securities and the Free Cash Flow Bridge Facility, together with cash on hand of the Borrower on the Closing Date will be applied to pay in part the
cash consideration for the Acquisition, to refinance indebtedness of the Target and to pay the fees and expenses incurred in connection with the Transactions (such fees and expenses, the “Transaction Costs”). In the event the
Required Approvals are not obtained prior to the commencement of the general syndication of the Credit Facilities with respect to the Backstopped Revolver Amendments, the proceeds of the Backstop Revolving Facility on the Closing Date will be
applied to refinance amounts outstanding under the Existing Credit Agreement, refinance indebtedness of the Target, pay in part the cash consideration for the Acquisition in amount of up to $3,000 million (the “Acquisition Revolver
Draw”) and to pay Transaction Costs. In the event the Required Approvals are obtained prior to the commencement of the general syndication of the Credit Facilities with respect to the Backstopped Revolver Amendments, the proceeds of the
Existing Credit Agreement (after giving effect to the Amendment) on the Closing Date will be applied to fund the Acquisition Revolver Draw and to pay Transaction Costs. 

The transactions described above are collectively referred to herein as the “Transactions”. For purposes of this Commitment
Letter and the Fee Letter, “Closing Date” shall mean the date of the satisfaction or waiver of the conditions set forth in Exhibit C and the initial funding of the Credit Facilities. 

  
 16 

 Annex B 

Backstopped Revolver Amendments 

Capitalized terms used but not defined in this Annex B shall have the meanings set forth in the Commitment Letter to which this Annex B is
attached and in Exhibit A, Exhibit B or Exhibit C thereto, or in the Existing Credit Agreement, as applicable. 
  

	 	•	 	Amendments to permit the establishment, documentation for and borrowing of the Term Loan Facility, the Free Cash Flow Bridge Facility, the Senior Notes and the Equity Securities and the granting of security interests in
the Collateral in connection therewith. 

  

	 	•	 	Amend Section 6.11(a) to provide that the Total Leverage Ratio shall not be greater than 6.75 to 1.00, stepping down by 0.50 to 1.00 at each of the first and second anniversary of the Closing Date (for the
avoidance of doubt, without step-up in connection with a Permitted Acquisition). 

  

	 	•	 	Amend Section 6.11(b) to provide that the Minimum Interest Coverage Ratio shall not be less than 3.25 to 1.00, and to the extent the principal amount of term loans under the Term Loan Facility is increased as a
result of any increase of OID or upfront fees from the exercise of “Market Flex” under Section 3 of the Arranger Fee Letter, to provide a level of cushion at least equal to the contemplated modified Minimum Interest Coverage Ratio.

  

	 	•	 	Amend Section 6.11(c) to provide that the Senior Leverage Ratio shall not be greater than 4.75 to 1.00, stepping down by 0.50 to 1.00 at each of the first and second anniversary of the Closing Date.

  

	 	•	 	Amend the Senior Leverage Ratio referred to in Section 2.20 to provide that Incremental Revolving Commitments and Incremental Term Loans may be incurred to the extent that the Senior Leverage Ratio is equal to or
less than 4.75 to 1.00, stepping down by 0.50 to 1.00 at each of the first and second anniversary of the Closing Date, and include a 0.50% “MFN” with respect to any Incremental Term Loans incurred pursuant thereto. 

 

	 	•	 	Amend Section 6.07 in order to (i) increase the Senior Leverage Ratio referred to in Section 6.07(m)(ii) with respect to the making of Restricted Payments to 3.0 to 1.0 and (ii) permit the making of
additional Restricted Payments in connection with the quarterly distribution of dividends in a maximum aggregate amount to be agreed. 

  

	 	•	 	Amend Section 4.02 to provide that the only conditions to the making of Revolving Loans in connection with the Acquisition Revolver Draw shall be limited to substantially the same conditions set forth in Exhibit C
for the funding of the Credit Facilities. 

  

	 	•	 	Amend Section 6.04 to permit the consummation of the Acquisition. Amend the definition of Permitted Acquisition to specify that the Acquisition is a Permitted Acquisition. 

 

	 	•	 	Amend Section 6.08 to permit as a Restrictive Agreement the Term Loan Facility, the Senior Notes and the Free Cash Flow Bridge Facility. 

 

	 	•	 	Amendment to authorize the Administrative Agent to enter into any required intercreditor agreement with the administrative agent and/or trustee under the Term Loan Facility, the Free Cash Flow Bridge Facility and the
Senior Notes. 

  
 17 

	 	•	 	Any other amendments to the Existing Credit Agreement as may be necessary to permit the Acquisition and the Senior Notes and any divestures of acquired assets as may be required by governmental authorities pursuant to
the terms of the Purchase Agreement as in effect on the date hereof (the “Divested Acquired Assets”). 

  
 18 

 Annex C 

Additional Amendments 

Capitalized terms used but not defined in this Annex C shall have the meanings set forth in the Commitment Letter to which this Annex C is
attached and in Exhibit A, Exhibit B or Exhibit C thereto, or in the Existing Credit Agreement, as applicable. 
  

	 	•	 	Extend the maturity date of the Revolving Commitments to the date that is 5 years after the Closing Date. 

  
 19 

 Exhibit A 

Microchip Technology Incorporated 

Senior Credit Facilities 
 Summary
of Terms and Conditions 
 March 1, 20181 

 
  

			
	 I.   Parties
	  	
		
	 Borrower:
	  	Microchip Technology Incorporated, a Delaware corporation (the “Borrower”).
		
	 Transactions:
	  	As described in Annex A to the Commitment Letter.
		
	 Lead Arrangers and Bookrunners:
	  	JPMorgan Chase Bank, N.A. (“JMCB”, in such capacity, together with any additional financial institution appointed as joint lead arranger and bookrunner in connection with the Term Loan Facility pursuant to the
Commitment Letter, collectively, the “Senior Credit Facilities Lead Arrangers”).
		
	 Administrative Agent:
	  	JPMCB (in such capacity, the “Senior Credit Facilities Administrative Agent”).
		
	 Lenders:
	  	A syndicate of banks, financial institutions and other entities, including JPMCB (collectively, the “Lenders”) identified by the Senior Credit Facilities Lead Arrangers in consultation with the Borrower.
		
	 II.   Senior Credit Facilities
	  	
		
	 Type and Amount:
	  	 A term loan facility in an aggregate principal amount equal to $5,000 million (plus, at the Borrower’s option, an additional amount
sufficient to fund any increase of OID or upfront fees from the exercise of “Market Flex” under Section 3 of the Arranger Fee Letter) (the “Term Loan Facility”; the loans thereunder, the “Term
Loans”).
  
 To the extent the Required Approvals under the Existing Credit
Agreement are not obtained to give effect to the Backstopped Revolver Amendments, a revolving credit facility (the “Backstop Revolving Facility”, and together with the Term Loan Facility, the “Senior Credit
Facilities”) in the amount of $3,122 million (the commitments thereunder, the “Revolving Commitments”; the loans thereunder, the “Revolving Credit Loans”, and together with the Revolving Loans, the
“Loans”) having substantially the same terms as the Existing Credit Agreement after giving effect to the Backstopped Revolver Amendments. Up to the U.S. Dollar equivalent of
an

  

	1 	Capitalized terms used herein but not otherwise defined have the meanings assigned thereto in the Commitment Letter to which this Exhibit A is attached (the “Commitment Letter”), including the other
exhibits and annexes thereto. 

  
 A-1 

			
		  	amount to be determined of the Backstop Revolving Facility (the “Foreign Currency Sublimit”) shall be made available by the applicable Lenders in U.S. Dollars, euros, Pounds Sterling and any other currency that is
(x) a lawful currency that is readily available and freely transferable and convertible into U.S. Dollars, (y) available in the London interbank deposit market and (z) agreed to by the Senior Credit Facilities Administrative Agent and
each of the applicable Lenders (collectively, the “Agreed Currencies”).
		
	 Expansion Option:
	  	 The Credit Documentation (as defined below) will permit the Borrower (pursuant to procedures, terms and conditions substantially similar to
the Existing Credit Agreement after giving effect to the Backstopped Revolver Amendments and set forth in the credit agreement with respect to the Senior Credit Facilities (the “Credit Agreement”)) to add one or more incremental
term loan facilities under the Credit Documentation (each, an “Incremental Term Loan Facility”) and/or increase the commitments under the Backstop Revolving Facility (each such increase, a “Revolving Credit Facility
Increase” and, together with the Incremental Term Loan Facilities, the “Incremental Facilities”) in an aggregate principal amount of Incremental Credit Facilities such that, after giving effect to the incurrence of any such
Incremental Facility, on a pro forma basis (but excluding the cash proceeds of such incurrence and assuming, in the case of any Revolving Credit Facility Increase, that the commitments in respect thereof are fully drawn) the Senior Leverage Ratio
(to be defined substantially similar to the Existing Credit Agreement) would not exceed 4.75 to 1.00, stepping down by 0.50 to 1.00 at each of the first and second anniversary of the Closing Date.

 
 If the applicable interest rate relating to any such Incremental Term Loan Facility
incurred within 6 months after the Closing Date exceeds the applicable interest rate relating to the existing Term Loan Facility by more than 0.50% (the “MFN Margin”) the applicable interest rate relating to the existing Term Loan
Facility shall be adjusted to be equal to the applicable interest rate relating to such Incremental Term Loan Facility minus the MFN Margin at such time; provided that in determining such applicable interest rates, OID or upfront fees (which
shall be deemed to constitute a like amount of OID) paid by the Borrower to the lenders under such Incremental Term Loan Facility and the existing Term Loan Facility shall be included and equated to interest rate (with OID being equated to interest
based on an assumed four-year life to maturity).

  
 2 

			
	 Availability:
	  	 To the extent the Required Approvals under the Existing Credit Agreement are not obtained to give effect to the Backstopped Revolver
Amendments, the Backstop Revolving Facility shall be available on a revolving basis during the period commencing on the Closing Date and ending on February 4, 2020 (the “Revolving Credit Termination Date”).

 
 The Term Loan Facility must be drawn in a single drawing on the Closing Date. Amounts
borrowed under the Term Loan Facility that are repaid or prepaid may not be reborrowed.

		
	 Letters of Credit:
	  	Substantially the same as the Existing Credit Agreement: A portion of the Backstop Revolving Facility not in excess of $50,000,000 shall be available for the issuance of letters of credit (the “Letters of Credit”)
by JPMCB and other issuing banks to be agreed (in such capacity, each an “Issuing Lender”, and with each Issuing Lender having an equal portion of such $50,000,000 Letter of Credit subfacility) in Agreed Currencies (subject to the
Foreign Currency Sublimit). No Letter of Credit shall have an expiration date after the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or
extension), and any Letter of Credit with an expiration date after the Revolving Credit Termination Date shall be cash collateralized in amount equal to 105% of such Letter of Credit on or before the date 30 days prior to the Revolving Credit
Termination Date.
		
		  	Drawings under any Letter of Credit shall be reimbursed by the Borrower (whether with its own funds or with the proceeds of Revolving Credit Loans) on the same business day. To the extent that the Borrower does not so reimburse the
applicable Issuing Lender, the Lenders under the Backstop Revolving Facility shall be irrevocably and unconditionally obligated to reimburse such Issuing Lender on a pro rata basis.
		
	 Swing Line Loans:
	  	A portion of the Backstop Revolving Facility not in excess of $25,000,000 may be available for swing line loans (the “Swing Line Loans”) from JPMCB (in such capacity, the “Swing Line Lender”) in its
discretion to the Borrower in U.S. dollars and in such other currencies acceptable to the Swing Line Lender. Any such Swing Line Loans will reduce availability under the Backstop Revolving Facility on a dollar-for-dollar basis. Each Lender under the Backstop Revolving Facility shall acquire, under certain circumstances, an irrevocable and unconditional pro rata participation in each Swing Line
Loan.

  
 3 

			
		
	 Maturity and Amortization:
	  	 The Backstop Revolving Facility shall mature on the Revolving Credit Termination Date.

 
 The Term Loans will mature on the date that is 7 years after the Closing Date (the
“Term Maturity Date”).
  
 The Term Loans shall be repayable in equal
quarterly installments in an aggregate annual amount equal to 1% of the original amount of the Term Loan Facility. The balance of the Term Loans will be repayable on the Term Maturity Date.

		
	 Guarantors:
	  	Substantially the same as in the Existing Credit Agreement: The Borrower’s material direct and indirect domestic subsidiaries (the “Guarantors” and together with the Borrower, the “Loan
Parties”) shall unconditionally guaranty all of the Borrower’s obligations under and in connection with the Senior Credit Facilities and all obligations of the Borrower and its subsidiaries under any interest rate protection and other
hedging arrangements entered into with a Lender (or an affiliate of a Lender) (“Hedging Obligations”) and all obligations of the Borrower and its subsidiaries in respect of overdrafts and related liabilities owed to a Lender (or an
affiliate of a Lender) (“Cash Management Obligations”) arising from treasury, depository or cash management services, including credit card and merchant card programs; provided that no such guaranty shall be required from a
foreign subsidiary, any foreign subsidiary holding company or from any domestic subsidiary of a “controlled foreign corporation” as defined in Section 957 of the Internal Revenue Code and subject to such other exceptions and
materiality thresholds set forth in the Existing Credit Agreement.
		
	 Security:
	  	Substantially the same as in the Existing Credit Agreement: All obligations of the Borrower under the Senior Credit Facilities, all Hedging Obligations and all Cash Management Obligations and all guarantees by the Guarantors will be
secured by substantially all the assets of the Borrower and each other Guarantor (collectively, the “Collateral”), including but not limited to (a) a perfected first-priority pledge of all the capital stock held by the Borrower
or any other Guarantor of each existing or subsequently acquired or organized subsidiary of the Borrower and (b) perfected first-priority security interests in, and mortgages on, substantially all tangible and intangible assets of the Borrower
and each other Guarantor, subject to exceptions and thresholds set forth in the Existing Credit Agreement and the security documents entered into in connection therewith.

  
 4 

			
		  	All the above-described pledges, security interests and mortgages shall be created on terms and pursuant to documentation substantially similar to relevant documentation under the Existing Credit Agreement.
		
	 Purpose:
	  	 In the event the Required Approvals are not obtained to give effect to the Backstopped Revolver Amendments, the proceeds of the Backstop
Revolving Facility on the Closing Date will be applied to refinance amounts outstanding under the Existing Credit Agreement, refinance the Target’s indebtedness, pay in part the cash consideration for the Acquisition in amount of up to
$3,000 million (the “Acquisition Revolver Draw”) and to pay Transaction Costs. After the Closing Date, the proceeds of the Backstop Revolving Facility shall be used for working capital purposes, permitted acquisitions,
permitted dividends and stock redemptions and other general corporate purposes.
  
 The
proceeds of the loans under the Term Loan Facility will be used by the Borrower on the Closing Date, together with the Free Cash Flow Bridge Facility, the Senior Notes, the Equity Securities, the Acquisition Revolver Draw and cash on hand of the
Borrower, to finance the Acquisition, to refinance indebtedness of the Target, to pay related fees and expenses and to refinance certain existing indebtedness of the Borrower and the Target.

		
	 III. Certain Payment Provisions
	  	
		
	 Fees and Interest Rates:
	  	As set forth on Annex A-I.
		
	 Optional Prepayments and Commitment Reductions:
	  	 Term Loans may be prepaid and Revolving Commitments may be reduced by the Borrower in minimum amounts as provided in the Existing Credit
Agreement.
  
 Any (a) voluntary prepayment of the loans under the Term Loan
Facility that is made on or prior to the date that is six months after the Closing Date with the proceeds from a Repricing Transaction (as defined below) and (b) amendment or other modification of the Credit Agreement on or prior to the date
that is six months after the Closing Date, the effect of which is a Repricing Transaction, in each case shall be accompanied by a prepayment premium equal to 1.00% of (i) the aggregate principal amount of the loans under the Term Loan Facility
so prepaid, in the case of a voluntary prepayment, and (ii) the aggregate principal amount of the loans under the Term Loan Facility affected by such amendment or modification, in the case of
an

  
 5 

			
		  	 amendment or other modification of the Credit Agreement. “Repricing Transaction” means the prepayment or refinancing (other
than in connection with a change of control) of all or a portion of the loans under the Term Loan Facility concurrently with the incurrence by the Borrower of any term loan financing, in each case having a lower
all-in yield (taking into account any original issue discount and upfront fees in respect of such financing and any pricing “floor” applicable thereto but excluding customary arrangement and
commitment fees paid to arrangers thereof) than the interest rate margin applicable to such loans.
  

All voluntary prepayments under the Term Loan Facility shall be applied to the remaining amortization payments under the Term Loan Facility as directed by the
Borrower.

		
	 Mandatory Prepayments and Commitment Reductions:
	  	 Backstop Revolving Facility
  

Prior to the Closing Date, all Revolving Commitments of the Commitment Parties with respect to the Backstop Revolving Facility shall be automatically and
permanently terminated at such time as the Required Approvals are obtained and the Amendment is effective.
  

After the Closing Date, Revolving Loans will be required to be prepaid as set forth in the Existing Credit Agreement: If the aggregate revolving credit
exposure under the Backstop Revolving Facility exceeds the aggregate commitments thereunder and if such exposure in Agreed Currencies other than U.S. Dollars exceeds the Foreign Currency Sublimit, the Revolving Loans shall be prepaid to the extent
of such excess; provided that if such excess is caused by fluctuations in foreign currency exchange rates, (i) no such prepayment will be required to the extent such exposure in Agreed Currencies other than U.S. Dollars is not more than
105% of the Foreign Currency Sublimit or to the extent the aggregate revolving credit exposure under the Backstop Revolving Facility is not more than 105% of the aggregate commitments thereunder and (ii) such excess will be calculated as of
(a) the last business day of each calendar quarter, (b) any other business day at the Senior Credit Facilities Administrative Agent’s sole discretion during the continuation of an event of default and (c) each date of a borrowing
request, interest election request and each request for the issuance, amendment, renewal or extension of any Letter of Credit.

 

  
 6 

			
		  	 Term Loan Facility
  

Prior to the Closing Date, the commitments of the Commitment Parties with respect to the Term Loan Facility shall be automatically and permanently reduced with
100% of the net cash proceeds received by the Borrower or its subsidiaries from (i) any sale or issuance of the Senior Notes by the Borrower and (ii) any Equity Securities issued by the Borrower (other than (w) issuances pursuant to
any employee equity compensation plan or agreement or other employee equity compensation arrangement, any employee benefit plan or agreement or other employee benefit arrangement or any nonemployee director equity compensation plan or agreement or
other non-employee director equity compensation arrangement or pursuant to the exercise or vesting of any employee or director stock options, restricted stock or restricted stock units, warrants or other
equity awards or pursuant to dividend reinvestment programs, (x) issuances by the Borrower’s subsidiaries to the Borrower or its other subsidiaries, (y) director’s qualifying shares and/or other nominal amounts required to be
held by the Borrower or its subsidiaries pursuant to applicable law) and (z) securities or interests issued or transferred directly (and not constituting cash proceeds of any issuance of such securities or interests) as consideration in
connection with any acquisition (including the Acquisition), divestiture or joint venture arrangement).
  

After the Closing Date, Loans under the Term Loan Facility shall be prepaid with:
  

(a)   100% of the net cash proceeds of all non-ordinary
course asset sales (including any sale of Divested Acquired Assets, whether consummated prior to or after the Closing Date, provided that the net cash proceeds of any such Divested Acquired Assets consummated prior to the Closing Date shall
be applied to the prepayment of Term Loans within 5 business days after the Closing Date) or other dispositions of property by the Borrower and its restricted subsidiaries, subject to thresholds and reinvestment rights to be mutually agreed upon
(with a reinvestment period equal to 12 months) and other exceptions to be mutually agreed upon;
  

(b)   100% of the net cash proceeds of issuances of indebtedness of the Borrower and its restricted
subsidiaries (other than indebtedness permitted under the Credit Agreement, but including the Senior Notes);
  

(c)   50% of Excess Cash Flow (to be defined) for each fiscal year of the Borrower (commencing with
the first full fiscal year ending after the Closing Date), provided that such percentage shall be reduced to 25% and 0% at levels of Total Leverage Ratio to be agreed; and

  
 7 

			
		  	  
 (d)   100% of
the net cash proceeds of all Equity Securities issued by the Borrower after the Closing Date in connection with the Transactions (other than (w) issuances pursuant to any employee equity compensation plan or agreement or other employee equity
compensation arrangement, any employee benefit plan or agreement or other employee benefit arrangement or any nonemployee director equity compensation plan or agreement or other non-employee director equity
compensation arrangement or pursuant to the exercise or vesting of any employee or director stock options, restricted stock or restricted stock units, warrants or other equity awards or pursuant to dividend reinvestment programs, (x) issuances
by the Borrower’s subsidiaries to the Borrower or its other subsidiaries, (y) director’s qualifying shares and/or other nominal amounts required to be held by the Borrower or its subsidiaries pursuant to applicable law and
(z) securities or interests issued or transferred directly (and not constituting cash proceeds of any issuance of such securities or interests) as consideration in connection with any acquisition (including the Acquisition), divestiture or
joint venture arrangement)) prior to the date that is this first anniversary of the Closing Date.
  

Prepayments from non-U.S. subsidiaries’ excess cash flow and asset sale and other disposition proceeds will be
limited under the Senior Credit Facilities to the extent such prepayments would result in adverse tax consequences or would be prohibited or restricted by applicable law, rule or regulation.

 
 Notwithstanding the foregoing, the amount of each Lender under the Term Loan Facility
shall have the right to reject its pro rata share of any mandatory prepayments described above, in which case the amounts so rejected may be retained by the Borrower.
  

The above-described mandatory prepayments shall be applied to the remaining amortization payments under the Term Loan Facility as follows: (a) in direct
order of maturity to the amortization repayments occurring in the eight quarters following the date of such prepayment and (b) pro rata to the remaining amortization payments.

  
 8 

			
		
	 IV.  Certain Conditions
	  	
		
	 Initial Conditions:
	  	The conditions to the availability of the borrowings under the Senior Credit Facilities on the Closing Date shall be limited to those set forth in Exhibit C, subject to the Limited Conditionality Provision.
		
	 On-Going Conditions:
	  	The making of each extension of credit (other than the making of loans on the Closing Date) shall be subject to substantially the same conditions as those set forth in the Existing Credit Agreement: (a) the accuracy of all
representations and warranties (which, in the case of any extension of credit under any Incremental Term Loan Facility in connection with any acquisition or investment permitted under the Credit Agreement, shall be limited to representations and
warranties for such acquisition consistent with the Specified Representations and the Specified Purchase Agreement Representations) in the definitive financing documentation with respect to the Senior Credit Facilities (the “Senior Credit
Documentation”) in all material respects (unless such representation is subject to an existing materiality qualifier) and (b) there being no default or event of default in existence at the time of, or after giving effect to the making
of, such extension of credit (or, in the case of any extension of credit under any Incremental Term Loan Facility in connection with any acquisition or investment permitted under the Credit Agreement, no payment or bankruptcy event of
default).
		
	 V. Certain Documentation Matters
	  	
		
		  	 The Senior Credit Documentation shall contain representations, warranties, covenants and events of default substantially the same as the
Existing Credit Agreement (after giving effect to the Backstopped Revolver Amendments) (in each case subject to exceptions and qualifications consistent with the Existing Credit Agreement and such additional exceptions as may be necessary or
reasonably requested by the Borrower in connection with the Acquisition), and solely with such other modifications thereto as are required to reflect (a) the terms and conditions set forth in this Exhibit A and (b) modifications to the
Existing Credit Agreement to account for changes in law or accounting standards or to cure mistakes or defects.
  

To the extent the Required Approvals under the Existing Credit Agreement are not obtained to give effect to the Backstopped Revolver Amendments, the Backstop
Revolving Facility shall be documented together with the Term Loan Facility as a single credit agreement and related loan documentation. To the extent the Required Approvals

  
 9 

			
		  	 under the Existing Credit Agreement is obtained to give effect to the Backstopped Revolver Amendments and the Additional Amendments are
approved by the Existing Lenders and if so agreed by the required Existing Lenders to the extent required under the Existing Credit Agreement, the amended Existing Credit Agreement and the Term Loan Facility may also be documented in a single credit
agreement (including by documenting the Term Loan Facility as an “Incremental Term Loan” or as separate tranche of term loans established pursuant to the terms of the Existing Credit Agreement, as amended), or as a separate credit
agreement and related documentation, as agreed between the Senior Credit Facilities Lead Arranger and the Borrower.
  

The principles set forth in this paragraph are referred to as the “Senior Credit Documentation Principles”.

		
	 Representations and Warranties:
	  	Subject to the Senior Credit Documentation Principles, substantially similar to the Existing Credit Agreement as follows: Financial statements; no material adverse change; corporate existence; compliance with law and agreements;
corporate power and authority; enforceability of Credit Documentation; no conflict with law or contractual obligations; no material litigation; no default; ownership of property; liens and pledge documents; intellectual property; taxes; Federal
Reserve regulations; ERISA; Investment Company Act; subsidiaries; environmental matters; labor matters; accuracy of disclosure; anti-corruption laws; sanctions laws and regulations and EEA Financial Institution.
		
	 Affirmative Covenants:
	  	Subject to the Senior Credit Documentation Principles, substantially similar to the Existing Credit Agreement as follows: Delivery of financial statements, auditor’s reports, projections, officer’s certificates and other
information requested by the Lenders; payment of other obligations; maintenance of existence and material rights and privileges; compliance with laws and material contractual obligations; maintenance of property and insurance; maintenance of books
and records; right of the Lenders to inspect property and books and records; notices of defaults, litigation and other material events; use of proceeds; and guarantor and pledge requirements.
		
	 Financial Covenants:
	  	Backstop Revolving Facility: The following financial covenants:
		
		  	 •  Total Leverage Ratio. The Borrower shall not permit its Total Leverage Ratio
(defined as Consolidated Total Indebtedness to Consolidated EBITDA) to exceed 6.75:1.0 as of any fiscal quarter, stepping down by 0.50 to 1.00 at each of the first and second anniversary of the Closing
Date.

  
 10 

			
		
		  	 •  Interest Coverage Ratio. The Borrower shall not permit its Interest Coverage
Ratio to be less than 3.50:1.0 as of the end of any fiscal quarter.

		
		  	 •  Senior Leverage Ratio. The Borrower shall not permit its Senior Leverage Ratio
to be greater than 4.75:1.0 as of the end of any fiscal quarter, stepping down by 0.50 to 1.00 at each of the first and second anniversary of the Closing Date.

		
		  	The financial covenant definitions will be substantially consistent with the Existing Credit Agreement.
		
		  	Term Loan Facility: None.
		
	 Negative Covenants:
	  	Subject to the Senior Credit Documentation Principles, substantially similar to the Existing Credit Agreement as follows: restrictions on subsidiary indebtedness; liens; mergers, consolidations, liquidations and dissolutions; sales
of assets; dividends and other payments in respect of equity interests; investments, loans, advances, guarantees and acquisitions; optional payments and modifications of subordinated debt instruments; transactions with affiliates; sale and
leasebacks; swap agreements; changes in fiscal year; restrictive agreements; changes in lines of business; and sanctions laws and regulations.
		
	 Events of Default:
	  	 Subject to the Senior Credit Documentation Principles, substantially similar to the Existing Credit Agreement as follows: Nonpayment of
principal when due; nonpayment of interest, fees or other amounts after a 5-day grace period; material inaccuracy of representations and warranties; Credit Documentation ceasing to be in full force and effect
or any party thereto so asserting; violation of covenants (subject, in the case of certain affirmative covenants, to a 30-day grace period); cross-default with material indebtedness; bankruptcy events; certain
ERISA events; material judgments; a change of control; and failure to maintain valid and perfected first priority security interest.
  

Notwithstanding anything to the contrary, no default or event of default in respect of the financial covenants shall be a default or event of default in
respect of the Term Loan Facility unless all the Lenders under the Backstop Revolving Facility shall have terminated their Commitments as a result thereof and/or declared the Revolving Credit Loans and the other obligations outstanding under the
Backstop Revolving Facility due and payable.

  
 11 

			
		
	 Voting:
	  	Subject to the Senior Credit Documentation Principles, substantially similar to the Existing Credit Agreement as follows: Amendments and waivers with respect to the Senior Credit Facilities Documentation shall require the approval
of Lenders holding more than 50% of the aggregate amount of the Loans, participations in Letters of Credit and Swing Line Loans and unused commitments under the Backstop Revolving Facility, except that (a) the consent of each Lender directly
affected thereby shall be required with respect to (i) reductions in the amount or extensions of the scheduled date of final maturity or amortization of any Loan, (ii) reductions in the rate of interest or any fee or extensions of any due
date thereof and (iii) increases in the amount or extensions of the expiry date of any Lender’s commitment and (b) the consent of 100% of the Lenders shall be required with respect to (i) modifications to any of the voting
percentages or pro rata provisions and (ii) releasing all or substantially all of the Collateral or the guarantors, provided that amendments and waivers with respect to the financial covenants (including any related definitions) shall require
only the consent of Lenders under the Backstop Revolving Facility.
		
	 Assignments and Participations:
	  	Subject to the Senior Credit Documentation Principles, substantially similar to the Existing Credit Agreement as follows: The Lenders shall be permitted to assign all or a portion of their loans and commitments with the consent, not
to be unreasonably withheld, of (a) the Borrower, unless (i) the assignee is a Lender, an affiliate of a Lender or an approved fund or (ii) an Event of Default has occurred and is continuing (and it being understood that the Borrower
shall be deemed to have consented to any assignment if it does not object thereto within 5 business days), (b) the Senior Credit Facilities Administrative Agent (other than in an assignment of a Term Loan to another Lender, to an affiliate of a
Lender or an approved fund) and (c) with respect to the Backstop Revolving Facility, the Issuing Bank. In the case of partial assignments (other than to another Lender, to an affiliate of a Lender or an approved fund), the minimum assignment
amount shall be (i) $1,000,000 with respect to the Term Loan Facility and (ii) $1,000,000 with respect to the Backstop Revolving Facility, in each case unless otherwise agreed by the Borrower and the Senior Credit Facilities Administrative
Agent.

  
 12 

			
		
		  	The Lenders shall also be permitted to sell participations in their Loans. Participants shall have the same benefits as the Lenders with respect to yield protection and increased cost provisions (but may not receive amounts in
excess of those that the participating Lender would be entitled to receive). Voting rights of participants shall be limited to those matters with respect to which the affirmative vote of the Lender from which it purchased its participation would be
required as described under “Voting” above. Pledges of Loans in accordance with applicable law shall be permitted without restriction. Promissory notes shall be issued under the Senior Credit Facilities only upon request.
		
	 Yield Protection/ Miscellaneous:
	  	The Credit Documentation shall contain customary provisions substantially similar to the Existing Credit Agreement (a) protecting the Lenders against increased costs or loss of yield resulting from changes in reserve, tax,
capital adequacy, liquidity and other requirements of law (including reflecting that both (x) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines, requirements and directives thereunder, issued in
connection therewith or in implementation thereof and (y) all requests, rules, guidelines, requirements and directives promulgated by the Bank for International Settlements (or any successor or similar authority) or the United States or foreign
regulatory authorities, in each case pursuant to Basel III shall, in the case of each of the foregoing clause (x) and clause (y), be deemed to be a change in law regardless of the date enacted, adopted or issued) and from the imposition of or
changes in withholding or other taxes and (b) indemnifying the Lenders for “breakage costs” incurred in connection with, among other things, any prepayment of a Eurocurrency Loan (as defined in Annex
A-I) on a day other than the last day of an interest period with respect thereto.
		
	 Expenses and Indemnification:
	  	Subject to the Senior Credit Documentation Principles, substantially similar to the Existing Credit Agreement, the Borrower shall pay (a) all reasonable and documented out-of-pocket expenses of the Senior Credit Facilities Administrative Agent and the Lead Arranger associated with the syndication of the Senior Credit Facilities and the preparation, execution, delivery and
administration of the Credit Documentation and any amendment or waiver with respect thereto (including the reasonable and documented fees, disbursements and other charges of counsel) and (b) all out-of-pocket expenses of the Senior Credit Facilities Administrative Agent and the Lenders (including the fees, disbursements and other charges of counsel) in connection with the enforcement of the Credit
Documentation.

  
 13 

			
		
		  	The Senior Credit Facilities Administrative Agent, the Senior Credit Facilities Lead Arrangers and their affiliates and the Lenders (and their affiliates and their respective officers, directors, employees, advisors and agents) will
have no liability for, and will be indemnified and held harmless against, any loss, liability, cost or expense incurred in respect of the financing contemplated hereby or the use or the proposed use of proceeds thereof (except to the extent
determined by a court of competent jurisdiction by a final and nonappealable judgment to have resulted from (x) the gross negligence, bad faith or willful misconduct of the indemnified party, (y) a material breach in bad faith by such
indemnified party of its express obligations under the Senior Credit Facilities Documentation pursuant to a claim made by the Borrower) or (z) any dispute solely among indemnified persons (not arising as a result any act or omission of the
Borrower or any of its subsidiaries).
		
	 Governing Law and Forum:
	  	State of New York.
		
	 Counsel to the Senior Credit Facilities Administrative Agent and the Senior Credit Facilities Lead Arrangers:
	  	Simpson Thacher & Bartlett LLP.

  
 14 

 Annex A-I 

Interest and Certain Fees 
  

			
	Interest Rate Options:	  	The Borrowers may elect that the Loans under the Senior Credit Facilities comprising each borrowing bear interest at a rate per annum equal to:
		
		  	At the relevant Borrower’s option:
		
		  	- ABR (for U.S. Dollar Loans) plus the Applicable Margin
		
		  	- Adjusted LIBO Rate plus the Applicable Margin
		
		  	provided, that all Swing Line Loans shall bear interest based upon the ABR or such other rate agreed to by the Senior Credit Facilities Administrative Agent.
		
		  	As used herein:
		
		  	“ABR” means the highest of (i) the rate of interest publicly announced by JPMCB as its prime rate in effect (the “Prime Rate”), (ii) the federal funds effective or overnight lending rate from
time to time (but in no event less than zero) plus 0.5%, or (iii) one month Adjusted LIBO Rate on any day plus 1.0%.
		
		  	“Adjusted LIBO Rate” means the LIBO Rate, as adjusted for statutory reserve requirements for eurocurrency liabilities and for any reserve or other cost imposed by any other applicable governmental authority,
including without limitation the Bank of England and/or the Financial Services Authority or the European Central Bank or any successor.
		
		  	“Applicable Margin” means, (a) with respect to loans under the Backstop Revolving Facility, means a percentage determined in accordance with the pricing grid attached hereto as Annex I-A and (b) with respect to loans under the Term Loan Facility, 2.25% in the case of Eurocurrency Loans and 1.25% in the case of ABR Loans.
		
		  	“LIBO Rate” the applicable LIBOR for deposits in the applicable agreed currency as reported by any generally recognized financial information service selected by the Senior Credit Facilities Administrative Agent for
one, two, three or six month (as selected by the applicable Borrower) interest periods; provided that, if the LIBO Rate shall be less than zero, such rate shall be deemed to be
zero.

  
 15 

			
	Interest Payment Dates:	  	In the case of Loans bearing interest based upon the ABR (“ABR Loans”), quarterly in arrears.
		
		  	In the case of Loans bearing interest based upon the Adjusted LIBO Rate (“Eurocurrency Loans”), on the last day of each relevant interest period and, in the case of any interest period longer than three months, on
each successive date three months after the first day of such interest period.
		
	 Original Issue Discount:
 Commitment
Fees:
	  	 The Term Loan Facility shall be subject to an original discount of 0.50%.

 
 The Borrower shall pay a commitment fee calculated at the rate prescribed in the pricing
grid attached hereto as Annex I-A on the average daily unused amount of the Backstop Revolving Facility, payable quarterly in arrears. For purposes of calculating the commitment fee, Swing Line Loans
shall not be considered usage of the Backstop Revolving Facility.

		
	Letter of Credit Fees:	  	The Borrower shall pay a commission on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurocurrency Loans on the face amount of each such Letter of Credit. Such
commission shall be shared ratably among the Lenders and shall be payable quarterly in arrears. The Borrower shall also pay such fronting fees to applicable Issuing Lender for its own account. In addition, customary administrative, issuance,
amendment, payment and negotiation charges shall be payable by the Borrower and fronting fees in the amount agreed upon between applicable Issuing Lender and the Borrower shall be payable by the Borrower, in each case to applicable Issuing Lender
for its own account.
		
	Default Rate:	  	At any time when any payment event of default exists under the Senior Credit Facilities, any overdue principal amount shall bear interest at 2% above the rate otherwise applicable thereto. Overdue interest, fees and other amounts
shall bear interest at 2% above the rate applicable to ABR Loans.
		
	Rate and Fee Basis:	  	All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of ABR Loans the interest rate payable on which is then based on the Prime Rate, or, in the case of any Loans denominated in
Agreed Currencies other than U.S. Dollars, such other basis as determined by the Administrative Agent to be customary for the applicable permitted currency) for actual days elapsed.

  
 16 

 Annex I-A 

Pricing Grid 
  

															
	 Pricing Level
	  	Leverage Ratio
	  	Commitment
Fee	 	 	Applicable Margin for
Eurocurrency Loans	 	 	Applicable Margin for
ABR Loans	 
	 Level I
	  	< 0.75 to 1.00	  	 	0.20	% 	 	 	1.25	% 	 	 	0.25	% 
	 Level II
	  	3 0.75 to 1.00 but
< 1.50 to 1.00	  	 	0.25	% 	 	 	1.50	% 	 	 	0.50	% 
	 Level III
	  	3 1.50 to 1.00 but
< 2.00 to 1.00	  	 	0.30	% 	 	 	1.75	% 	 	 	0.75	% 
	 Level IV
	  	3 2.00 to 1.00 but
 < 2.50 to
1.00
	  	 	0.35	% 	 	 	2.00	% 	 	 	1.00	% 
	 Level V
	  	3 2.50 to 1.00	  	 	0.40	% 	 	 	2.25	% 	 	 	1.25	% 

 If at any time the Borrower fails to deliver the quarterly or annual financial statements or certificates required under the
Credit Documentation on or before the date such statements or certificates are due, Pricing Level V shall be deemed applicable for the period commencing three (3) business days after such required date of delivery and ending on the date which
is three (3) business days after such statements or certificates are actually delivered, after which the Pricing Level shall be determined in accordance with the table above as applicable. 

Except as otherwise provided in the paragraph below, adjustments, if any, to the Pricing Level then in effect shall be effective three (3) business days
after the Administrative Agent has received the applicable financial statements and certificates (it being understood and agreed that each change in Pricing Level shall apply during the period commencing on the effective date of such change and
ending on the date immediately preceding the effective date of the next such change). 
 Pricing Level V shall be deemed to be applicable until the
Administrative Agent’s receipt of the applicable financial statements for the Borrower’s first fiscal quarter ending after the Closing Date and adjustments to the Pricing Level then in effect shall thereafter be effected in accordance with
the preceding paragraphs. 

  
 17 

 Exhibit B 

Microchip Technology Incorporated 

Free Cash Flow Bridge Facility 

Summary of Terms and Conditions 

March 1, 20182 

 
  

			
	 I.   Parties
	  	
		
	 Borrower:
	  	Microchip Technology Incorporated, a Delaware corporation (the “Borrower”).
		
	 Transactions:
	  	As described in Annex A to the Commitment Letter.
		
	 Lead Arrangers and Bookrunners:
	  	JPMorgan Chase Bank, N.A. (“JPMCB”, in such capacity, together with any additional institution appointed as joint lead arranger and bookrunner pursuant to the Commitment Letter (collectively, the “Bridge
Lead Arrangers”).
		
	 Administrative Agent:
	  	JPMCB (in such capacity, the “Bridge Administrative Agent”).
		
	 Lenders:
	  	A syndicate of banks, financial institutions and other entities, including JPMCB (collectively, the “Bridge Lenders”) identified by the Bridge Lead Arrangers in consultation with the Borrower.
		
	 II.   Facilities
	  	
		
	 Type and Amount:
	  	A senior secured 364-day bridge loan facility (the “Free Cash Flow Bridge Facility”) under which the Bridge Lenders will make senior loans (the “Bridge
Loans”) to the Borrower on the Closing Date in an aggregate principal amount of $625 million.
		
	 Availability:
	  	The full amount of the Free Cash Flow Bridge Facility must be drawn in a single drawing on the Closing Date concurrently with the consummation of the Acquisition. Amounts repaid or prepaid under the Free Cash Flow Bridge Facility
may not be reborrowed.
		
	 Maturity and Amortization:
	  	The Bridge Loans will mature on the day that is 364 days after the Closing Date, and will not be subject to scheduled amortization prior to the final maturity thereof.
		
	 Ranking:
	  	The Bridge Loans will rank pari passu with the Senior Credit Facilities.
		
	 Guarantors:
	  	Same as the “Guarantors” under the Senior Credit Facilities.

  

	2 	Capitalized terms used herein but not otherwise defined have the meanings assigned thereto in the Commitment Letter to which this Exhibit B is attached (the “Commitment Letter”), including the other
exhibits and annexes thereto. 

  
 B-1 

			
		
	 Security:
	  	Same as the “Collateral’ for the Senior Credit Facilities. To the extent funded, the relationship and intercreditor relationship with respect to the Collateral shall be governed by an intercreditor agreement to be entered
into between the Senior Credit Facilities Administrative Agent and the Bridge Administrative Agent.
		
	 Purpose:
	  	The proceeds of the Bridge Loans will be used by the Borrower on the Closing Date, together with the Term Loan Facility, the Senior Notes, the Equity Securities, the Acquisition Revolver Draw and cash on hand of the Borrower, to
finance the Acquisition, to pay related fees and expenses and to refinance certain existing indebtedness of the Borrower and the Target.
		
	 III. Certain Payment Provisions
	  	
		
	 Interest Rates:
	  	 The Borrower may elect that the Bridge Loans bear interest at a rate per annum equal to (a) ABR plus 0.50% or (b) the
Adjusted LIBO Rate plus 1.50%. Such margins will increase by (a) 0.25% 90 days after the Closing Date and each 90 days thereafter.
  

In no event shall the Adjusted LIBO Rate be less than zero or the ABR be less than the one-month Adjusted LIBO Rate
plus 1.00% per annum.
  
 The Borrower may select, in respect of Eurodollar loans,
Interest Periods of one week or one, two, three or six months or such shorter or longer period as may be consented to by each Bridge Lender.
  

Interest will be payable in arrears (a) with respect to each ABR Loan, on the first business day of each calendar quarter during the term of such ABR Loan
and (b) with respect to each Eurodollar Loan, on the last day of the applicable interest period relating thereto; provided that in the event that the interest period for a Eurodollar Loan shall be for a period in excess of three months,
then interest shall also be payable on each three month anniversary of the commencement of such interest period.

		
	 Default Rate:
	  	At any time when any payment event of default exists under the Free Cash Flow Bridge Facility, any overdue principal amount shall bear interest at 2% above the rate otherwise applicable thereto. Overdue interest, fees and other
amounts shall bear interest at 2% above the rate applicable to ABR Loans.

  
 B-2 

			
		
	 Optional Prepayment and
Commitment Reductions:
	  	The Bridge Loans may be prepaid, and the commitments of the Commitment Parties with respect to the Free Cash Flow Bridge Facility may be permanently reduced, at any time, in whole or in part, at par plus accrued and unpaid interest
to the date of prepayment but without premium or penalty, subject to reimbursement of the Bridge Lenders’ breakage costs, upon not less than three (3) business days’ prior written notice (which notice may be conditional), at the
option of the Borrower.
		
	 VI.  Certain Conditions
	  	
		
	 Conditions:
	  	The conditions to the availability of the borrowings under the Free Cash Flow Bridge Facility on the Closing Date shall be limited to those set forth in Exhibit C, subject to the Limited Conditionality Provision.
		
	 VII. Certain Documentation Matters
	  	 The documentation for the Free Cash Flow Bridge Facility (the “Bridge Credit Documentation” and together with the Senior
Credit Facilities Credit Documentation, the “Credit Documentation”) shall contain representations, warranties, covenants and events of default substantially the same as for the Backstop Revolving Facility, and solely with such other
modifications thereto as are required to reflect (a) the terms and conditions set forth in this Exhibit B, and (b) the interim nature of the Free Cash Flow Bridge Facility.

 
 The principles set forth in this paragraph are referred to as the “Bridge Credit
Documentation Principles”.

		
	 Representations and Warranties:
	  	Subject to the Bridge Documentation Principles, substantially the same as for the Backstop Revolving Facility.
		
	 Affirmative Covenants:
	  	Subject to the Bridge Documentation Principles, substantially the same as for the Backstop Revolving Facility.
		
	 Financial Covenants:
	  	Subject to the Bridge Documentation Principles, substantially the same as for the Backstop Revolving Facility.
		
	 Negative Covenants:
	  	Subject to the Bridge Documentation Principles, substantially the same as for the Backstop Revolving Facility.
		
	 Events of Default:
	  	Subject to the Bridge Documentation Principles, substantially the same as for the Backstop Revolving Facility.
		
	 Voting:
	  	Subject to the Bridge Documentation Principles, substantially the same as for the Backstop Revolving Facility.
		
	 Assignments and Participation:
	  	Subject to the Bridge Documentation Principles, substantially the same as for the Backstop Revolving Facility.

  
 B-3 

			
		
	 Yield Protection/ Miscellaneous:
	  	Subject to the Bridge Documentation Principles, substantially the same as for the Backstop Revolving Facility.
		
	 Expenses and Indemnification:
	  	Subject to the Bridge Documentation Principles, substantially the same as for the Backstop Revolving Facility.
		
	 Governing Law and Forum:
	  	State of New York.
		
	 Counsel to Bridge Administrative Agent and Bridge Lead Arrangers:
	  	Simpson Thacher & Bartlett LLP.

  
 B-4 

 Exhibit C 

Summary of Additional Conditions Precedent 

The availability of the Credit Facilities shall be subject to the satisfaction (or waiver) solely of the following conditions (subject in all
respects to the Limited Conditionality Provision). Capitalized terms used but not defined herein have the meanings set forth in the Commitment Letter to which this Exhibit C is attached and in Exhibit A and Exhibit B thereto. 

1. The Senior Credit Documentation, in the case of the Term Loan Facility and the Backstop Revolving Facility, shall have been executed and
delivered by the Borrower and the other Loan Parties (consistent with the Senior Credit Documentation Principles). If the Borrower intends to utilize the Free Cash Flow Bridge Facility on the Closing Date, the Bridge Credit Documentation, in the
case of the Free Cash Flow Bridge Facility, shall have been executed and delivered by the Borrower and the other Loan Parties (consistent with Bridge Credit Documentation Principles). 

2. The terms of the Purchase Agreement (including all exhibits, schedules, annexes and other attachments thereto) shall be reasonably
satisfactory to the Lead Arrangers, it being agreed that the execution copy of the Purchase Agreement (including all draft exhibits, schedules, annexes and other attachments thereto) provided to the Lead Arrangers on the date hereof (and as amended
in compliance with the subsequent sentence) is reasonably satisfactory to the Lead Arrangers. The Acquisition shall be consummated in all material respects pursuant to the Purchase Agreement, substantially concurrently with the initial funding of
the Credit Facilities, and no provision thereof shall have been amended or waived, and no consent shall have been given thereunder, in any manner materially adverse to the interests of the Lead Arrangers or the Lenders without the prior written
consent of the Lead Arrangers (which consent will not be unreasonably withheld, delayed or conditioned); provided that (i) a reduction in the purchase price under the Purchase Agreement shall be deemed not to be adverse to the interests
of the Lenders and the Lead Arrangers so long as any such decrease in excess of 10% of the purchase price is allocated dollar-for-dollar to reduce the Term Loans
(without prejudice to the other conditions set forth herein), (ii) any increase in the purchase price shall be deemed to not be materially adverse to the Lenders so long as such increase is not funded with indebtedness and (iii) any purchase
price adjustment expressly contemplated by the Purchase Agreement as in effect on the date hereof (including any working capital purchase price adjustment) shall not be considered an amendment or waiver of the Purchase Agreement. 

3. The closing of the Credit Facilities shall have occurred on or before the Expiration Date. 

4. The Commitment Parties shall have received (i) customary closing certificates and legal opinions and (ii) a certificate from the
chief financial officer of the Borrower, in the form attached hereto as Annex I, certifying that the Borrower and its subsidiaries, on a consolidated basis after giving effect to the Transactions and the other transactions contemplated hereby, are
solvent. 
 5. Since December 31, 2017, there shall not have been or have occurred or there shall not exist any Company Material
Adverse Effect (as defined in the Purchase Agreement, the “Company Material Adverse Effect”).  

  
 C-1 

 6. The Commitment Parties shall have received (a) audited consolidated balance sheets and
related statements of income, stockholders’ equity and cash flows of the Target and its subsidiaries, for the fiscal years ended October 2, 2016 and October 1, 2017 and for any subsequent fiscal year ended at least 90 days before the
Closing Date and (b) unaudited consolidated balance sheets and related statements of income, and cash flows of the Target and its subsidiaries, for each fiscal quarter (that is not the last fiscal quarter of a fiscal year) subsequent to
October 2, 2017 and ended at least 45 days before the Closing Date. The Commitment Parties acknowledge receipt of the financial statements referred to in clauses (a) and (b) through the fiscal year ended October 1, 2017 and the fiscal
quarter ended December 31, 2017. 
 7. The Commitment Parties shall have received a pro forma consolidated balance sheet and related
pro forma consolidated statement of income of the Borrower and its subsidiaries as of and for the twelve-month period ending on the last day of the most recently completed four-fiscal quarter period ended at least 90 days prior to the Closing Date
(if the end of such period is a fiscal year end of the Borrower or the Target) or at least 45 days prior to the Closing Date (if the end of such period is a fiscal quarter end for the Borrower or the Target but not on or about the date of a fiscal
year end for either the Borrower or the Target, with such 45 day period to start with the date of the latest such quarter end), in each case, prepared after giving effect to the Transactions as if the Transactions had occurred as of such date (in
the case of such balance sheet) or at the beginning of such period (in the case of such statement of income) (which pro forma financial statements need not be prepared in compliance with Regulations S-X of the
Securities Act of 1933, as amended, or include adjustments for purchase accounting). 
 8. The Purchase Agreement Representations shall be
true and correct on and as of the Closing Date (to the extent required by the Limited Conditionality Provision). The Specified Representations shall be true and correct in all material respects on and as of the Closing Date. 

9. The Senior Credit Facilities Administrative Agent and the Bridge Administrative Agent shall have received, at least 5 days prior to the
Closing Date, all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the PATRIOT Act, to the extent such documentation or
information is requested at least 10 days prior to the Closing Date. 
 10. All fees required to be paid by the Borrower on the Closing Date
and all reasonable and documented out-of-pocket expenses due to the Commitment Parties and the Lenders, in each case pursuant to this Commitment Letter, to the extent
invoiced at least 3 business days prior to the Closing Date, shall have been paid or shall have been authorized to be deducted from the proceeds of the initial fundings under the Credit Facilities. 

11. Subject to the Limited Conditionality Provision, all actions necessary to establish that the Senior Credit Facilities Administrative Agent
and the Bridge Administrative will have a perfected priority security interest (subject to liens permitted under the relevant Credit Facilities) in the Collateral under the Credit Facilities shall have been taken. 

12. As a condition to the availability of the Credit Facilities, the Lead Arrangers (a) shall have received information required for a
customary confidential information memoranda (excluding those portions of the confidential information memoranda that are customarily provided by the financing arrangers and limited, in the case of financial information, to the financial statements
described in paragraphs 6 and 7 above) used for the syndication of the Credit Facilities (the “Marketing Information”) and (b) shall have been afforded a reasonable period of time to syndicate the Credit Facilities and to
solicit the Required Approvals, which in 

  
 C-2 

 
no event shall be less than 20 consecutive business days from the date of delivery of the Marketing Information from the Borrower to the Lead Arrangers (the “Marketing Period”);
provided that such period shall (i) end on or prior to August 17, 2018 or commence on or after September 4, 2018, (ii) end on or prior to November 21, 2018 or commence on or after November 27, 2018, and (iii) end
on or prior to December 20, 2018 or commence on or after January 2, 2019. If the Borrower in good faith reasonably believes that it has delivered the Marketing Information, it may deliver to the Lead Arrangers a written notice to that
effect, in which case the Marketing Information will be deemed to have been delivered on the date such notice is received by the Lead Arrangers, and the Marketing Period will be deemed to have commenced on the date such notice is received by the
Lead Arrangers, in each case, unless the Lead Arrangers in good faith reasonably believe that the Borrower has not completed delivery of the Marketing Information and, within two business days after the receipt of such notice from the Borrower, the
Lead Arrangers deliver a written notice to the Borrower to that effect (stating with reasonable specificity which elements of the Marketing Information have not been delivered). 

  
 C-3 

 Annex I to Exhibit C 

Form of Solvency Certificate 

[•][•], 20[•] 

This Solvency Certificate is being executed and delivered pursuant to Section [•] of that certain
[•] (the “Credit Agreement”; the terms defined therein being used herein as therein defined). 

I, [•], the [Chief Financial Officer/equivalent officer] of the Borrower, in such capacity and not in an
individual capacity and without personal liability, hereby certify on behalf of the Borrower as of the date hereof as follows: 
  

	1.	I am generally familiar with the businesses and assets of the Borrower and its subsidiaries, taken as a whole, and am duly authorized to execute this Solvency Certificate on behalf of the Borrower pursuant to the Credit
Agreement. 

  

	2.	As of the date hereof and after giving effect to the Transactions and the incurrence of the indebtedness and obligations being incurred in connection with the Credit Agreement and the Transactions, that, (i) the
sum of the debt (including contingent liabilities) of the Borrower and its subsidiaries, taken as a whole, does not exceed the fair value of the assets of the Borrower and its subsidiaries, taken as a whole; (ii) the capital of the Borrower and
its subsidiaries, taken as a whole, is not unreasonably small in relation to the business of the Borrower or its Subsidiaries, taken as a whole, contemplated as of the date hereof; (iii) the Borrower and its subsidiaries, taken as a whole, are
able to pay their debts (including current obligations and contingent liabilities) as they mature in the ordinary course of business and (iv) the present fair saleable value of the assets (on a going concern basis) of the Borrower and its
subsidiaries, taken as a whole, is not less than the amount that will be required to pay the probable liabilities of the Borrower and its subsidiaries, taken as a whole, on their debts as they become absolute and matured in the ordinary course of
business. For the purposes hereof, the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and circumstances existing at such time, represents the amount that can reasonably be expected
to become an actual or matured liability. 

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 C-4

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