Document:

Defined Benefit Pension Plan

 Exhibit 10.4.6 

AMENDMENT 2008-2 

TO THE 

AMERICAN BAR ASSOCIATION MEMBERS DEFINED BENEFIT PENSION PLAN 

(Basic Plan Document No. 02) 

WHEREAS, the ABA Retirement Funds (“ABA/RF”) sponsors the American Bar Association Members Defined Benefit Pension Plan
(the “Plan”), a master plan for adoption by Employers who desire to establish or continue a tax-qualified retirement plan for themselves and their eligible employees; 

WHEREAS, pursuant to Section 13.2 of the Plan, ABA/RF has the right to amend the Plan in whole or in part at any time, and

 WHEREAS, ABA/RF desires to amend the Plan to conform to final Treasury Regulations promulgated with respect to
Section 415 of the Internal Revenue Code of 1986, as amended (the “Code”), regarding the limitation on benefits that are payable under the Plan. 

NOW, THEREFORE, BE IT RESOLVED, that, pursuant to the power of amendment contained in Section 13.2 of the Plan, the Plan is
hereby amended as follows: 
 1. LIMITATION ON BENEFITS. Effective July 1, 2007, Section 2.5 of the Plan is hereby
amended to read as follows: 
 2.5 This Section has been intentionally left blank. 

2. LIMITATION ON BENEFITS. Effective July 1, 2007, Section 2.15 of the Plan is hereby amended to read as follows: 

2.15 Compensation. “Compensation” of a Participant for Plan Years beginning before January 1, 1991
means the definition in subsection (a) below, and for Plan Years beginning after December 31, 1990 means one of the following definitions (as elected by the Employer in the Participation Agreement) and related elections in the
Participation Agreement: 
 (a) “Wages, Tips and Other Compensation” Reported on Form W-2: Wages
within the meaning of Code Section 3401(a) and all other compensation to an Employee by the Employer in the course of the Employer’s trade or business for which the Employer is required to furnish to the Employee a written statement under
Code Sections 6041(d), 6051(a)(3) and 6052, but determined without regard to any rules under Code Section 3401(a) that limit the remuneration included in wages based on the nature or location of the employment or the services performed (such as
the exception for agricultural labor in Code Section 340l(a) (2)). This definition of compensation may be modified to exclude amounts paid or reimbursed by the Employer for moving expenses incurred by an Employee, but only to the extent that at
the time of the payment it is reasonable to believe that these amounts are deductible by the Employee under Code Section 217. 

 (b) Income Tax Withholding Wages: Wages as defined in Code
Section 3401(a) for the purposes of income tax withholding at the source, but determined without regard to any rules that limit the remuneration included in wages based on the nature or location of the employment or the services performed (such
as the exception for agricultural labor in Section 3401(a)(2)). 
 (c) 415 Safe-Harbor Compensation:
Wages, salaries, and fees for professional services and other amounts received for personal services actually rendered in the course of employment with the Employer (including, but not limited to, commissions paid to salespersons, compensation for
services on the basis of a percentage of profits, commissions on insurance premiums, tips, bonuses, fringe benefits, and reimbursements or other expense allowances under a nonaccountable plan (as described in Section 1.62-2(c) of the Income Tax
Regulations)), and excluding the following: 
 (1) Employer contributions (other than elective contributions
described in Code Section 402(e)(3), 408(k)(6), 408(p)(2)(A)(i) or 457(b)) to a plan of deferred compensation (including a simplified employee pension described in Code Section 408(k) or a simple retirement account described in Code
Section 408(p), and whether or not qualified) to the extent such contributions are not includible in the employee’s gross income for the taxable year in which contributed, and any distributions (whether or not includible in gross income
when distributed) from a plan of deferred compensation (whether or not qualified); 
 (2) Amounts realized from
the exercise of a nonstatutory stock option (that is, an option other than a statutory stock option as defined in Section 1.421-1(b) of the Income Tax Regulations), or when restricted stock (or property) held by the Employee either becomes
freely transferable or is no longer subject to a substantial risk of forfeiture; 
 (3) Amounts realized from
the sale, exchange or other disposition of stock acquired under a statutory stock option; 
 (4) Other amounts
which received special tax benefits, such as premiums for group-term life insurance (but only to the extent that the premiums are not includible in the gross income of the Employee and are not salary reduction amounts that are described in Code
Section 125); and 
 (5) Other items of remuneration that are similar to any of the items listed in clauses
(1) through (4) above. 
 For any Participant who is a Self-Employed Individual, Compensation means his
or her Earned Income. 
 Except as otherwise provided in the Plan, Compensation shall include only that
compensation that is actually paid or made available to the Participant during the “determination period.” Except as otherwise provided in the Plan, the “determination period” shall be the period elected by the Employer in the
Participation Agreement. If the Employer makes no election, the determination period shall be the Plan Year. 

For Plan Years beginning on or after July 1, 2007, or such earlier date as the Employer specifies in the
Participation Agreement, or in an addendum or other 
  

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amendment to the Participation Agreement in the form provided by ABRA, Compensation for a Plan Year shall also include compensation paid by the later of
2 1/2 months after the Employee’s severance
from employment with the Employer maintaining the Plan or the end of the Plan Year that includes the date of the Employee’s severance from employment with the Employer maintaining the Plan, if: 

(a) the payment is regular compensation for services during the Employee’s regular working hours, or compensation
for services outside the Employee’s regular working hours (such as overtime or shift differential), commissions, bonuses, or other similar payments, and, absent a severance from employment, the payments would have been paid to the Employee
while the Employee continued in employment with the Employer; or, if the Employer so elects in the Participation Agreement, or in an addendum or other amendment to the Participation Agreement in the form provided by ABRA; 

(b) the payment is for unused accrued bona fide sick, vacation or other leave that the Employee would have been able to
use if employment had continued; or 
 (c) the Employer has not elected 415 safe-harbor compensation pursuant to
the Participation Agreement and payment is received by the Employee pursuant to a nonqualified unfunded deferred compensation plan and would have been paid at the same time if employment had continued, but only to the extent includible in gross
income. 
 Any payments not described above shall not be considered Compensation if paid after severance from
employment, even if they are paid by the later of
2 1/2 months after the date of severance from
employment or the end of the Plan Year that includes the date of severance from employment. 
 For Plan
Years beginning after December 31, 2000, or such earlier effective date as the Employer specifies in the Participation Agreement, Compensation shall also include any elective amounts that are not includible in the gross income of the Employee
by reason of Code Section 132(f)(4). 
 For Plan Years beginning after December 31, 1997, compensation
paid or made available during such Plan Year shall include amounts that would otherwise be included in Compensation but for an election under Code Section 125(a), 402(e)(3), 402(h)(1)(B), 402(k) or 457(b). Such amounts shall also include
“deemed §125 compensation,” which shall be the amount that is excludable under Code Section 106 that is not available to a Participant in cash in lieu of group health coverage under an arrangement described in Code
Section 125 solely because the Participant is unable to certify that he or she has other health coverage. Amounts are deemed §125 compensation only if the Employer does not request or otherwise collect information regarding the
Participant’s other health coverage as part of the enrollment process for the health plan. 
 If elected by
the Employer in the Participation Agreement, or in an addendum or other amendment to the Participation Agreement in the form provided by ABRA, Compensation shall not include amounts paid as compensation to a nonresident alien, as defined in Code
Section 7701(b)(1)(B), who is not a Participant to the extent the compensation is excludable from gross income and is not effectively connected with the conduct of a trade or business within the United States. 

 

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 Back pay, within the meaning of Section 1.415(c)-2(g)(8) of the Income
Tax Regulations, shall be treated as compensation for the Plan Year to which the back pay relates to the extent the back pay represents wages and compensation that would otherwise be included under this definition. 

For Plan Years beginning on or after January 1, 1989 and before January 1, 1994, the amount of Compensation of
each Participant for any Plan Year taken into account for determining all Retirement Benefits provided under the Plan shall not exceed $200,000. This limitation shall be adjusted by the Secretary of the Treasury at the same time and in the same
manner as under Code Section 415(d), except that the dollar increase in effect on January 1 of any calendar year is effective for Plan Years beginning with or within such calendar year and the first adjustment to the $200,000 limitation is
effective on January 1, 1990. For purposes of any annual Compensation limit, all Qualified Plans maintained by the Employer or a Related Employer shall be treated as a single plan. 

For Plan Years beginning on or after January 1, 1994 and before January 1, 2002, the amount of Compensation of
each Participant for any Plan Year taken into account for determining all Retirement Benefits provided under the Plan for any determination period shall not exceed $150,000, as adjusted for the cost-of-living in accordance with Code
Section 401(a)(17)(B). The cost-of-living adjustment in effect for a calendar year applies to any determination period beginning in such calendar year. 

For Plan Years beginning on or after January 1, 2002, the amount of Compensation of each Participant for any Plan
Year taken into account for determining all Retirement Benefits provided under the Plan for any determination period shall not exceed $200,000, as adjusted for the cost-of-living in accordance with Code Section 401(a)(17)(B). The cost-of-living
adjustment in effect for a calendar year applies to any determination period beginning with or within such calendar year. 

If a determination period consists of fewer than 12 months, the applicable annual Compensation limit is an amount equal to
the otherwise applicable annual Compensation limit multiplied by a fraction, the numerator of which is the number of months in the short determination period, and the denominator of which is 12. 

If Compensation for any prior determination period is taken into account in determining a Participant’s Retirement
Benefits for the current Plan Year, the Compensation for such prior determination period is subject to the applicable annual Compensation limit in effect for that prior period. For this purpose, in determining Retirement Benefits in Plan Years
beginning on or after January 1, 1989 and before January 1, 1994, the annual Compensation limit in effect for determination periods beginning before January 1, 1989 is $200,000. In addition, in determining Retirement Benefits in Plan
Years beginning on or after January 1, 1994 and before January 1, 2002, the annual Compensation limit in effect for determination periods beginning before January 1, 2002 is $150,000. In addition, in determining Retirement Benefits in
Plan Years beginning on or after January 1, 2002, the annual Compensation limit in effect for determination periods beginning before that date is $200,000. 

For purposes of any annual Compensation limit, all Qualified Plans maintained by the Employer or a Related Employer shall
be treated as a single plan. 
 Notwithstanding any annual Compensation limit, a Participant’s Accrued
Benefit as of the last day of the Plan Year beginning in 1983 shall be calculated without regard to the $200,000 limit, and a Participant’s Accrued Benefit as of the last day of the Plan Year beginning in 1993 shall be calculated without regard
to the $150,000 limit. 
  

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 3. LIMITATION ON BENEFITS. Effective July 1, 2007, Section 2.19 of the Plan is
hereby amended to read as follows: 
 2.19 This Section has been intentionally left blank. 

4. LIMITATION ON BENEFITS. Effective July 1, 2007, Section 2.20 of the Plan is hereby amended to read as follows: 

2.20 This Section has been intentionally left blank. 

5. LIMITATION ON BENEFITS. Effective July 1, 2007, Section 2.65 of the Plan is hereby amended to read as follows: 

2.65 Predecessor Organization. “Predecessor Organization” means any entity: 

(a) With which the Employer shows significant continuity of ownership, business or workforce; or 

(b) With respect to a Participant, with respect to which the Participant has accrued a benefit under this Plan; or

 (c) With respect to a Participant, that antedates the Employer if, under the facts and circumstances, the
Employer constitutes a continuation of all or a portion of the trade or business of the former entity; or 
 (d)
That is determined to be a predecessor organization under regulations issued by the Secretary of Treasury. 
 6. LIMITATION ON
BENEFITS. Effective July 1, 2007, Section 2.69 of the Plan is hereby amended to read as follows: 

2.69 This Section has been intentionally left blank. 

7. LIMITATION ON BENEFITS. Effective July 1, 2007, Section 2.81 of the Plan is hereby amended to read as follows: 

2.81 Simplified Employee Pension. “Simplified Employee Pension” is defined in Section 11.2(d)(17).

 8. LIMITATION ON BENEFITS. Effective July 1, 2007, Section 2.83 of the Plan is hereby amended to read as follows:

 2.83 Social Security Retirement Age. “Social Security Retirement Age” is defined in
Section 11.2(d)(18). 
  

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 9. LIMITATION ON BENEFITS. Effective July 1, 2007, Section 2.89 of the Plan is
hereby amended to read as follows: 
 2.89 Welfare Benefit Fund. “Welfare Benefit Fund” is
defined in Section 11.2(d)(19). 
 10. LIMITATION ON BENEFITS. Effective July 1, 2007, Section 2.92 of the Plan is
hereby amended to read as follows: 
 2.92 Year of Participation. “Year of Participation,”
except as otherwise defined in Section 11.2(d)(20) for purposes of Section 11.2, means a Plan Year during which an Employee has at least 1,000) Hours of Service (or a lesser amount specified in the Participation Agreement) while being an
Eligible Employee and a Participant. An Employee need not be employed on the last day of a Plan Year to be credited with a Year of Participation for the Plan Year. 

11. LIMITATION ON BENEFITS. Effective July 1, 2007, Section 5.4 of the Plan is hereby amended to read as follows: 

5.4 Benefit After Late Retirement. If a Participant continues to be employed by the Employer after Normal
Retirement Age, the Participant shall continue to accrue benefits under the Plan after Normal Retirement Age. When the Participant later retires, his or her Normal Retirement Benefit shall be the greater of (i) his or her Normal Retirement
Benefit calculated as of his or her actual retirement date or (ii) the Actuarial Equivalent of his or her Normal Retirement Benefit calculated as of the date on which the Participant attained Normal Retirement Age. If as a result of actuarial
increase to the benefit of a Participant who delays commencement of benefits beyond Normal Retirement Age the Accrued Benefit of the Participant would exceed the limitations under Section 11.2 for the Limitation Year immediately before the
actuarial increase to the Participant’s benefit that would cause the Participant’s benefit to exceed the limitations under Section 11.2, distribution of the Participant’s benefit will commence. 

12. LIMITATION ON BENEFITS. Effective July 1, 2007, Section 11.2 of the Plan is hereby amended to read as follows: 

11.2 Limit on Annual Benefits. 

(a) This Section 11.2 is effective for Limitation Years beginning on or after January 1, 2004, except to the
extent a later effective date is provided herein. Section 11.2 of the Prior Plan Document is effective for Limitation Years beginning before January 1, 2004. This subsection (a), except for paragraph (4), applies regardless of whether
any Participant is or has ever been a participant in another Qualified Plan of the Employer. 
 (1) The Annual
Benefit otherwise payable to a Participant at any time under the Plan shall not exceed the Maximum Permissible Amount. If the benefit that the Participant would otherwise accrue in a Limitation Year would produce an Annual
Benefit in excess of the Maximum Permissible Amount, the benefit shall be limited (or the rate of accrual shall be reduced) so that the Annual Benefit will equal the Maximum Permissible Amount. 

(2) Subject to the paragraphs below of this paragraph (2), if a Participant is or has ever been covered under more
than one Qualified Defined Benefit Plan (regardless of whether terminated) maintained by the Employer or a 
  

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Predecessor Organization, the sum of the Participant’s Annual Benefits from all such plans may not exceed the Maximum Permissible Amount. If a Participant’s employer-provided
benefits under all such Qualified Defined Benefit Plans (determined as of the same age) would exceed the Maximum Permissible Amount applicable at that age, the Employer shall choose in the Participation Agreement the method by which the
plans will meet this limitation. 
 Effective for Limitation Years beginning on or after July 1, 2007, if a
Qualified Defined Benefit Plan maintained by the Employer has terminated with sufficient assets for the payment of benefit liabilities of all plan participants and a Participant in this Plan has not yet commenced benefits under the terminated plan,
the benefits provided pursuant to the annuities purchased to provide the Participant’s benefits under the terminated plan at each possible annuity starting date shall be taken into account in applying the limitations of this section. If there
are not sufficient assets for the payment of all participants’ benefit liabilities, the benefits taken into account shall be the benefits that are actually provided to the Participant under the terminated plan. 

Effective for Limitation Years beginning on or after July 1, 2007, if a Participant’s benefits under a Qualified
Defined Benefit Plan maintained by the Employer are transferred to another Qualified Defined Benefit Plan maintained by the Employer and the transfer is not a transfer of distributable benefits pursuant Section 1.411(d)-4, Q&A-3(c), of the
Income Tax Regulations, the transferred benefits are not treated as being provided under the transferor plan (but are taken into account as benefits provided under the transferee plan). If a Participant’s benefits under a Qualified Defined
Benefit Plan maintained by the Employer are transferred to another Qualified Defined Benefit Plan that is not maintained by the Employer and the transfer is not a transfer of distributable benefits pursuant to Section 1.411(d)-4, Q&A-3(c),
of the Income Tax Regulations, the transferred benefits are treated by the Employer’s plan as if such benefits were provided under annuities purchased to provide benefits under a plan maintained by the Employer that terminated immediately prior
to the transfer with sufficient assets to pay all participants’ benefit liabilities under the plan. If a Participant’s benefits under a Qualified Defined Benefit Plan maintained by the Employer are transferred to another Qualified Defined
Benefit Plan in a transfer of distributable benefits pursuant Section 1.411(d)-4, Q&A-3(c), of the Income Tax Regulations, the amount transferred is treated as a benefit paid from the transferor plan. 

Effective for Limitation Years beginning on or after July 1, 2007, a formerly affiliated plan of an Employer shall be
treated as a Qualified Defined Benefit Plan maintained by the Employer, but the formerly affiliated plan shall be treated as if it had terminated immediately prior to the cessation of affiliation with sufficient assets to pay participants’
benefit liabilities under the plan and had purchased annuities to provide benefits. A formerly affiliated plan of an Employer is a plan that, immediately prior to the cessation of affiliation, was a Qualified Defined Benefit Plan actually maintained
by the Employer and, immediately after the cessation of affiliation, is not actually maintained by the Employer. For this purpose, cessation of affiliation means the event that causes an entity to no longer be considered the Employer, such as the
sale of a member controlled group of corporations, as defined in Section 414(b) of the Code, as 
  

 7 

 
modified by Section 415(h) of the Code, to an unrelated corporation, or that causes a Qualified Defined Benefit Plan to not actually be maintained by the Employer, such as transfer of plan
sponsorship outside a controlled group. 
 Effective for Limitation Years beginning on or after July 1,
2007, if the Employer maintains a Qualified Defined Benefit Plan that provides benefits accrued by a Participant while performing services for a Predecessor Organization, the Participant’s benefits under a Qualified Defined Benefit Plan
maintained by the Predecessor Organization shall be treated as provided under a Qualified Defined Benefit Plan maintained by the Employer. However, for this purpose, the plan of the Predecessor Organization shall be treated as if it had terminated
immediately prior to the event giving rise to the Predecessor Organization relationship with sufficient assets to pay participants’ benefit liabilities under the plan, and had purchased annuities to provide benefits; the Employer and the
Predecessor Organization shall be treated as if they were a single employer immediately prior to such event and as unrelated employers immediately after the event; and if the event giving rise to the Predecessor Organization relationship is a
benefit transfer, the transferred benefits shall be excluded in determining the benefits provide under the plan of the Predecessor Organization. 

Effective for Limitation Years beginning on or after July 1, 2007, the limitations of this Section shall be
determined and applied taking into account the rules in Sections 1.415(f)-1(d), (e) and (h) of the Income Tax Regulations. 

(3) The application of the limitations of this Section shall not cause the Maximum Permissible Amount for any Participant
to be less than the Participant’s accrued benefit under all of the Qualified Defined Benefit Plans maintained by the Employer or a Predecessor Employer as of the end of the last Limitation Year beginning before July 1, 2007 under
provisions of such plans that were both adopted and in effect before April 5, 2007. The preceding sentence applies only if the provisions of such plans that were both adopted and in effect before April 5, 2007 satisfied the applicable
requirements of statutory provisions, regulations and other published guidance relating to Code Section 415 as in effect as of the end of the last Limitation Year beginning before July 1, 2007, as described in Section 1.415(a)-1(g)(4)
of the Income Tax Regulations. 
 (4) The limitation in paragraph (1) is deemed satisfied with respect to a
Participant if the retirement benefits payable for a Plan Year under any form of benefit with respect to such Participant under the Plan and under all other Qualified Defined Benefit Plans (regardless of whether terminated) ever maintained by the
Employer or any Predecessor Organization do not exceed $1,000 multiplied by the Participant’s Years of Credited Service or parts of such years (not to exceed 10) with the Employer or a Predecessor Organization, and the Employer and any
Predecessor Organization have not at any time maintained a Qualified Defined Contribution Plan, a Welfare Benefit Fund or an Individual Medical Account in which the Participant participated (for these purposes, employee contributions, whether
voluntary or involuntary, under a Qualified Defined Benefit Plan are not treated as a separate Qualified Defined Contribution Plan). 
  

 8 

 (b) This subsection (b) has been intentionally left blank. 

(c) This subsection (c) has been intentionally left blank. 

(d) Additional Definitions for this Section. 

(1) This paragraph (1) has been intentionally left blank. 

(2) Annual Benefit: This Section 11.2(d)(2) is effective for Limitation Years beginning on or after
January 1, 2004. Section 11.2(d)(2) of the Prior Plan Document is effective for Limitation Years beginning prior to January 1, 2004. An Annual Benefit is a pension benefit under the Qualified Plan that is payable annually in the
form of a Single Life Annuity. Except as further provided in this paragraph (2), a benefit payable in a form other than a Single Life Annuity must be adjusted to an actuarially equivalent Single Life Annuity that begins at the same time as
such other form of benefit and is payable on the first day of each month before applying the limitations of this Section. For a Participant who has or will have distributions commencing at more than one Annuity Starting Date, the Annual Benefit
shall be determined as of each Annuity Starting Date (and shall satisfy the limitations of this section as of each such date), actuarially adjusting for past and future distributions of benefits commencing at the other Annuity Starting Dates. For
this purpose, the determination of whether a new Annuity Starting Date has occurred shall be made without regard to Section 1.401(a)-20, Q&A 10(d), and with regard to Section 1.415(b)-1(b)(1)(iii)(B) and (C), of the Income Tax
Regulations. 
 No actuarial adjustment to the benefit shall be made for (i) survivor benefits payable to
the Participant’s Spouse under a Qualified Joint and Survivor Annuity to the extent such benefits would not be payable if the Participant’s benefit were paid in another form; (ii) benefits that are not directly related to retirement
benefits (such as a qualified disability benefit, preretirement incidental death benefits, and post-retirement medical benefits); or (iii) the inclusion in the form of benefit of an automatic benefit increase feature, provided the form of
benefit is not subject to Code Section 417(e)(3) and would otherwise satisfy the limitations of this section, and the plan provides that the amount payable under the form of benefit in any Limitation Year shall not exceed the limits of this
section applicable at the Annuity Starting Date, as increased in subsequent years pursuant to Code Section 415(d). For this purpose, an automatic benefit increase feature is included in a form of benefit if the form of benefit provides for
automatic periodic increases to the benefits paid in that form. 
 The determination of the Annual Benefit shall
take into account social security supplements described in Code Section 411(a)(9) and benefits transferred from another defined benefit plan, other than transfers of distributable benefits pursuant to Section 1.411(d)-4, Q&A-3(c), of
the Income Tax Regulations, but shall disregard benefits attributable to employee contributions or rollover contributions. 

Effective for distributions in Limitation Years beginning on or after January 1, 2004, the determination of actuarial
equivalence of forms of benefit other than a Single Life Annuity shall be made in accordance with subparagraph (A) or (B) below. 
  

 9 

 (A) Benefit Forms Not Subject to Code §417(e)(3): The Single
Life Annuity that is actuarially equivalent to the Participant’s form of benefit shall be determined under this subparagraph if the form of the Participant’s benefit is either (i) a nondecreasing annuity (other than a Single Life
Annuity) payable for a period of not less than the life of the Participant (or, in the case of a qualified pre-retirement survivor annuity, the life of the surviving spouse), or (ii) an annuity that decreases during the life of the Participant
merely because of (a) the death of the survivor annuitant (but only if the reduction is not below 50% of the benefit payable before the death of the survivor annuitant), or (b) the cessation or reduction of Social Security supplements or
qualified disability payments (as defined in Section 401(a)(11) of the Code). 
 (i) Limitation Years
beginning before July 1, 2007. For Limitation Years beginning before July 1, 2007, the actuarially equivalent Single Life Annuity is equal to the annual amount of the Single Life Annuity commencing at the same Annuity Starting Date
that has the same actuarial present value as the Participant’s form of benefit computed using whichever of the following produces the greater annual amount: (i) the interest rate and the mortality table (or other tabular factor) specified
in the Plan for adjusting benefits in the same form; and (ii) a 5 percent interest rate assumption and the applicable mortality table defined in Section 9.5 for that Annuity Starting Date. 

(ii) Limitation Years beginning on or after July 1, 2007. For Limitation Years beginning on or after
July 1, 2007, the actuarially equivalent Single Life Annuity is equal to the greater of (i) the annual amount of the Single Life Annuity (if any) payable to the Participant commencing at the same Annuity Starting Date as the
Participant’s form of benefit; and (ii) the annual amount of the Single Life Annuity commencing at the same Annuity Starting Date that has the same actuarial present value as the Participant’s form of benefit, computed using a 5
percent interest rate assumption and the applicable mortality table defined in Section 9.5 for that Annuity Starting Date. 

(B) Benefit Forms Subject to Code §417(e)(3): The Single Life Annuity that is actuarially equivalent to the
Participant’s form of benefit shall be determined under this subparagraph if the form of the Participant’s benefit is other than a benefit form described in subparagraph (A) above. In this case, the actuarially equivalent Single Life
Annuity shall be determined as follows: 
 (i) Annuity Starting Date in Limitation Years Beginning After
2005. If the Annuity Starting Date of the Participant’s form of benefit is in a Limitation Year beginning after 2005, the actuarially equivalent Single Life Annuity is equal to the greatest of (i) the annual amount of the Single Life
Annuity commencing at the same Annuity Starting Date that has the same actuarial present value as the Participant’s form of benefit, computed using the interest rate and the mortality table (or other tabular factor) specified in the Plan for
adjusting 
  

 10 

 
benefits in the same form; (ii) the annual amount of the Single Life Annuity commencing at the same Annuity Starting Date that has the same actuarial present value as the Participant’s
form of benefit, computed using a 5.5 percent interest rate assumption and the applicable mortality table defined in Section 9.5; and (iii) the annual amount of the Single Life Annuity commencing at the same Annuity Starting Date that has
the same actuarial present value as the Participant’s form of benefit, computed using the applicable interest rate and the applicable mortality table defined in Section 9.5 divided by 1.05. 

(ii) Annuity Starting Date in Limitation Years Beginning in 2004 or 2005. If the Annuity Starting Date of the
Participant’s form of benefit is in a Limitation Year beginning in 2004 or 2005, the actuarially equivalent Single Life Annuity is equal to the annual amount of the Single Life Annuity commencing at the same Annuity Starting Date that has the
same actuarial present value as the Participant’s form of benefit, computed using whichever of the following produces the greater annual amount: (i) the interest rate and the mortality table (or other tabular factor) specified in the Plan
for adjusting benefits in the same form; and (ii) and 5.5 percent interest rate assumption and the applicable mortality table defined in Section 9.5. If the Annuity Starting Date of the Participant’s benefit is on or after the first
day of the first Limitation Year beginning in 2004 and before December 31, 2004, the application of this subparagraph shall not cause the amount payable under the Participant’s form of benefit to be less than the benefit calculated under
the Plan, taking into account the limitations of this section, except that the actuarially equivalent Single Life Annuity is equal to the annual amount of the Single Life Annuity commencing at the same Annuity Starting Date that has the same
actuarial present value as the Participant’s form of benefit, computed using whichever of the following produces the greatest annual amount: 
  

	 	(I)	the interest rate and the mortality table (or other tabular factor) specified in the Plan for adjusting benefits in the same form; 

 

	 	(II)	the applicable interest rate defined and the applicable mortality table defined in Section 9.5; and 

 

	 	(III)	the applicable interest rate defined in Section 9.5 (as in effect on the last day of the last Limitation Year beginning before January 1, 2004, under
provisions of the Plan then adopted and in effect) and the applicable mortality table defined in Section 9.5. 

(3) Compensation. With respect to each Participant, “Compensation” means the general definition of
Compensation elected by the Employer in the Participation Agreement under Section 2.15(a), (b) or (c). For any Self-Employed Individual, Compensation shall mean Earned Income. In addition, for Limitation Years beginning
after December 31, 1991, for purposes of applying the limitations of this Article, Compensation for a Limitation Year is the Compensation actually paid or includible in gross income during such Limitation Year. 

 

 11 

 (4) This paragraph (4) has been intentionally left blank. 

(5) This paragraph (5) has been intentionally left blank. 

(6) Employer: The Employer that adopts this Plan and all Related Employers, as modified by Code
Section 415(h). 
 (7) Highest Average Compensation: This Section 11.2(d)(7) is effective for
Limitation years beginning on or after July 1, 2007. Section 11.2(d)(7) of the Prior Plan Document is effective for Limitation Years beginning prior to July 1, 2007. The average Compensation for the three consecutive Plan Years (or
the actual number of consecutive years of employment for those Employees who are employed for less than three consecutive Plan Years with the Employer) that produce the highest average. In the case of a Participant who has separated from Service,
the Participant’s Highest Average Compensation beginning in any Plan Year beginning after the date of separation will be automatically adjusted by multiplying such compensation in the prior Plan Year by the cost of living adjustment factor
prescribed by the Secretary of the Treasury under Code Section 415(d) in such manner as the Secretary of the Treasury shall prescribe. The adjusted compensation amount will apply to Limitation Years ending within the calendar year of the date
of the adjustment, but the Participant’s benefits will not reflect the adjusted limit prior to January 1 of that calendar year. In the case of a Participant who is rehired after a separation from Service, the Participant’s Highest
Average Compensation is the greater of such amount as determined prior to such separation, as adjusted as described in the preceding sentence, or as determined after such separation. In the case of a Participant who is rehired by the Employer after
a severance from employment, the Participant’s Highest Average Compensation shall be calculated by excluding all years for which the Participant performs no services for and receives no compensation from the Employer (the break period) and by
treating the years immediately preceding and following the break period as consecutive. 
 (8) Individual
Medical Account: An individual medical account as defined in Code Section 415(1)(2). 
 (9)
Limitation Year: The calendar year, or the 12-consecutive-month period elected by the Employer in the Participation Agreement. All Qualified Plans maintained by the Employer must use the same Limitation Year. If the Limitation Year
is changed by amendment, the new Limitation Year shall begin on a date within the Limitation Year in which the amendment is made. 

(10) Master or Prototype Plan: A plan, the form of which is the subject of a favorable opinion letter from the
Internal Revenue Service. 
 (11) Maximum Permissible Amount: This Section 11.2(d)(11) is effective for
Limitation Years beginning on or after January 1, 2002. Section 11.2(d)(11) of the Prior Plan Document is effective for Limitation Years beginning prior to January 1, 2002. The Maximum Permissible Amount is the lesser of $160,000 or 100% of the
Participant’s Highest Average Compensation, payable in the form of a single life annuity. Effective on January 1, 2003, and each succeeding January 1, the $160,000 limitation will be automatically adjusted under Code Section 415(d) in such
manner as the Secretary of the Treasury shall 
  

 12 

 
prescribe. The new limitation shall apply to Limitation Years ending within the calendar year of the date of adjustment, but the Participant’s benefits will not reflect the adjusted limit
prior to January 1 of that calendar year. 
 The Maximum Permissible Amount shall be reduced if the
Participant has less than 10 Years of Participation in the Plan or less than 10 Years of Credited Service. If the Participant has less than 10 Years of Participation in the Plan, the $160,000 limit of the Maximum Permissible Amount shall be
multiplied by a fraction (A) the numerator of which is the number of Years of Participation in the Plan (or part thereof), and (B) the denominator of which is 10. To the extent provided in regulations or in other guidance issued by the
Internal Revenue Service, the preceding sentence shall be applied separately with respect to each change in the benefit structure of the Plan. If the Participant has less than 10 Years of Credited Service, the 100% limit of the Maximum Permissible
Amount shall be multiplied by a fraction (A) the numerator of which is the number of Years of Credited Service (or part thereof), and (B) the denominator of which is 10. 

The Maximum Permissible Amount assumes that the Retirement Benefit becomes payable when the Participant is at least age 62
and is not more than age 65. If the Annual Benefit commences at an earlier or later age, the Maximum Permissible Amount (as otherwise modified by the preceding paragraph) shall be adjusted. Effective for benefits commencing in Limitation Years
ending after December 31, 2001, the $160,000 limit shall be adjusted if the Annuity Starting Date of the Participant’s Annual Benefit is before age 62 or after age 65. If the Annuity Starting Date is before age 62, the $160,000 Limit shall
be adjusted under subparagraph (A) below, as modified by subparagraph (C) below. If the Annuity Starting Date is after age 62, the $160,000 Limit shall be adjusted under subparagraph (B) below, as modified by subparagraph
(C) below. 
 (A) Adjustment of $160,000 Limit for Benefit Commencement Before Age 62: 

(i) Limitation Years beginning before July 1, 2007. If the Annuity Starting Date is prior to age 62 and
occurs in a Limitation Year beginning before July 1, 2007, the $160,000 limit for that Annuity Starting Date is the annual amount of the Single Life Annuity commencing at the same Annuity Starting Date that is the actuarial equivalent of the
$160,000 limit (adjusted as described above for Years of Participation less than 10, if required) with actuarial equivalence computed using whichever of the following produces the smaller annual amount: (i) the interest rate and the mortality
table (or other tabular factor) specified in the Plan for early retirement benefits; and (ii) a 5% interest rate and the applicable mortality table defined in Section 9.5. 

(ii) Limitation Years beginning on or after July 1, 2007. 

 

	 	(I)	 Plan does not have immediately commencing Single Life Annuity payable at both age 62 and the age of benefit commencement. If the Annuity
Starting Date is prior to age 62 and occurs in a Limitation Year beginning on or after July 1, 2007, and the Plan 

 

 13 

	 	 
does not have an immediately commencing Single Life Annuity payable at both age 62 and the age of benefit commencement, the $160,000 limit for that Annuity Starting Date is the annual amount of
Single Life Annuity commencing at the same Annuity Starting Date that is the actuarial equivalent of the $160,000 limit (adjusted as described above for Years of Participation less than 10, if required) with actuarial equivalence computed using a 5%
interest rate and the applicable mortality table for the Annuity Starting Date as defined in Section 9.5 (and expressing the Participant’s age based on completed calendar months as of the Annuity Starting Date).

  

	 	(II)	Plan has immediately commencing Single Life Annuity payable at both age 62 and the age of benefit commencement. If the Annuity Starting Date is prior to age 62
and occurs in a Limitation Year beginning on or after July 1, 2007, and the Plan has an immediately commencing Single Life Annuity payable at both age 62 and the age of benefit commencement, the $160,000 limit for that Annuity Starting Date is
the lesser of the limitation determined under subparagraph (I) above and the $160,000 limit (adjusted as described above for Years of Participation less than 10, if required) multiplied by the ratio of the annual amount of the immediately
commencing Single Life Annuity for that Annuity Starting Date to the annual amount of the immediately commencing Single Life Annuity at age 62, both determined without applying the limitations of this Section. 

(B) Adjustment of $160, 000 Limit for Benefit Commencement After Age 65: 

(i) Limitation Years beginning before July 1, 2007. If the Annuity Starting Date is after age 65 and occurs
in a Limitation Year beginning before July 1, 2007, the $160,000 limit for that Annuity Starting Date is the annual amount of the Single Life Annuity commencing at the same Annuity Starting Date that is the actuarial equivalent of the $160,000
limit (adjusted as described above for Years of Participation less than 10, if required) with actuarial equivalence computed using whichever of the following produces the smaller annual amount: (i) the interest rate and the mortality table (or
other tabular factor) specified in Plan; and (ii) a 5% interest rate and the applicable mortality table as defined in Section 9.5. 

(ii) Limitation Years beginning on or after July 1, 2007. 

 

	 	(I)	 Plan does not have immediately commencing Single Life Annuity payable at both age 65 and the age of benefit commencement. If the Annuity
Starting Date is after age 65 and occurs in a Limitation Year beginning on or after July 1, 2007, and the Plan does not have an immediately commencing Single Life Annuity payable at both age 65 and the age of benefit commencement, the $160,000 limit
for that Annuity Starting Date is the annual amount of Single Life Annuity commencing at the same Annuity Starting Date that is the 

 

 14 

	 	 
actuarial equivalent of the $160,000 limit (adjusted as described above for Years of Participation less than 10, if required) with actuarial equivalence computed using a 5% interest rate and the
applicable mortality table for that Annuity Starting Date as defined in Section 9.5 (and expressing the Participant’s age based on completed calendar months as of the Annuity Starting Date). 

 

	 	(II)	Plan has immediately commencing Single Life Annuity Payable at both age 65 and the age of Benefit commencement. If the Annuity Starting Date is after age 65 and
occurs in a Limitation Year beginning on or after July 1, 2007, and the Plan has an immediately commencing Single Life Annuity payable at both age 65 and the age of benefit commencement, the $160,000 limit for that Annuity Starting Date is the
lesser of the limitation determined under subparagraph (I) above and the $160,000 limit (adjusted as described above for Years of Participation less than 10, if required) multiplied by the ratio of the annual amount of the adjusted immediately
commencing Single Life Annuity for that Annuity Starting Date to the annual amount of the adjusted immediately commencing Single Life Annuity at age 65, both determined without applying the limitation of this section. For this purpose, the adjusted
immediately commencing Single Life Annuity at the Participant’s Annuity Starting Date is the annual amount of such annuity payable to the Participant, computed disregarding the Participant’s accruals after age 65 but including actuarial
adjustments even if those actuarial adjustments are used to offset accruals; and the adjusted immediately commencing Single Life Annuity at age 65 is the annual amount of such annuity that would be payable to a hypothetical Participant who is age 65
and has the same Accrued Benefit as the Participant. 

 (C) Notwithstanding the other requirements
of this section, no adjustment shall be made to the $160,000 limit to reflect the probability of a Participant’s death between the Annuity Starting Date and age 62, or between age 65 and the Annuity Starting Date, as applicable, if benefits are
not forfeited upon death of the Participant prior to the Annuity Starting Date. To the extent benefits are forfeited upon death before the Annuity Starting Date, such an adjustment shall be made. For this purpose, no forfeiture shall be treated as
occurring upon the Participant’s death if the Plan does not charge Participants for providing a qualified preretirement survivor annuity as defined in Code Section 417(c), upon the Participant’s death. 

(12) This paragraph (12) has been intentionally left blank. 

(13) This paragraph (13) has been intentionally left blank. 

(14) This paragraph (14) has been intentionally left blank. 

(15) This paragraph (15) has been intentionally left blank. 

(16) This paragraph (16) has been intentionally left blank. 

 

 15 

 (17) This paragraph (17) has been intentionally left blank. 

(18) Social Security Retirement Age: Age 65 in the case of a Participant attaining age 62 before January 1,
2000 (i.e., born before January 1, 1938); age 66 for a Participant attaining age 62 after December 31, 1999 and before January 1, 2017 (i.e., born after December 31, 1937 but before January 1, 1955); and age 67 for a
Participant attaining age 62 after December 31, 2016 (i.e., born after December 31, 1954). 
 (19)
Welfare Benefit Fund: A welfare benefit fund as defined in Code Section 419(e) under which amounts attributable to post-retirement medical benefits are allocated to separate accounts of key employees (as defined in Code
Section 419A(d)(3)). 
 (20) Year of Participation: For purposes of this Section, a Participant shall
be credited with a Year of Participation (computed to fractional parts of a year) for each Plan Year for which the following conditions are met: (i) the Participant is credited with at least 1,000 Hours of Service, and (ii) the Participant
is included as a Participant under the eligibility provisions of the Plan for at least one day of the Plan Year. If these two conditions are met, the Participant shall be credited with a Year of Participation. A Participant who is permanently and
totally disabled within the meaning of Code Section 415(c)(3)(C)(i) for a Plan Year shall receive a Year of Participation with respect to that period. In addition, for a Participant to receive a Year of Participation (or part thereof) for a
Plan Year, the Plan must be established no later than the last day of such Plan Year. In no event will more than one Year of Participation be credited for any 12-month period. 

(e) In the case of Paired Plans, and notwithstanding any other provision to the contrary, no Participant shall accrue an
Annual Benefit in excess of the adjusted Maximum Permissible Amount. For purposes of this provision, the adjusted Maximum Permissible Amount is the Maximum Permissible Amount defined in subsection (d)(11). 

(f) This subsection (f) has been intentionally left blank. 

IN WITNESS WHEREOF, ABA Retirement Funds has caused this instrument to be executed by a duly authorized officer this 20th day of
May, 2008. 
  

			
	ABA RETIREMENT FUNDS
		
	By:	 	 /s/ Earl F. Lasseter

	Its:	 	President

  

 16Defined Benefit Pension Plan

 Exhibit 10.4.7 

AMENDMENT 2009-1 

TO THE 

AMERICAN BAR ASSOCIATION MEMBERS DEFINED BENEFIT PENSION PLAN 

(Basic Plan Document No. 02) 

(January 25, 2002 favorable opinion letter) 

WHEREAS, the ABA Retirement Funds (“ABA RF”) sponsors the American Bar Association Members Defined Benefit Pension Plan
(which is the subject of a January 25, 2002 favorable opinion letter) (the “Plan”), a master plan for adoption by Employers who desire to establish or continue a tax-qualified retirement plan for themselves and their eligible
employees; 
 WHEREAS, pursuant to Section 13.2 of the Plan, ABA RF has the right to amend the Plan in whole or in
part at any time, and 
 WHEREAS, ABA RF desires to amend the Plan to comply with the changes required by or permitted
under the Pension Protection Act of 2006 (as amended by the Worker, Retiree, and Employer Recovery Act of 2008) and the Heroes Earnings Assistance and Relief Tax Act of 2008. 

NOW, THEREFORE, BE IT RESOLVED, that, pursuant to the power of amendment contained in Section 13.2 of the Plan, the Plan is
hereby amended as follows: 
 1. NOTICE REQUIREMENT. Effective for Plan Years beginning on or after January 1, 2007,
Section 9.3(a) of the Plan is hereby amended by restating the first paragraph thereof to read as follows: 

The Plan Administrator shall provide to each Participant no less than 30 days and no more than 180 days (90 days for
notices given in Plan Years beginning before January 1, 2007) before the Annuity Starting Date a written explanation of: 
  

	 	i.	The terms and conditions of a Qualified Joint and Survivor Annuity; 

  

	 	ii.	The Participant’s right to make, and the effect of, an election to waive the Qualified Joint and Survivor Annuity form of benefit; 

 

	 	iii.	The rights of the Participant’s Spouse; 

  

	 	iv.	The right to make, and the effect of, a revocation of a previous election to waive the Qualified Joint and Survivor Annuity; and 

 

	 	v.	The relative values of the various available optional forms of benefit payment as provided Section 1.417(a)-3 of the Income Tax Regulations. For explanations given
in Plan Years beginning after December 31, 2006, such explanations shall also include a description of how much larger benefits will be if the commencement of distributions is deferred to Normal Retirement Age. 

 2. WAIVER OF QUALIFIED JOINT AND SURVIVOR ANNUITY. Effective for Plan Years beginning on or
after January 1, 2007, Section 9.3(b) of the Plan is hereby amended by restating the first sentence thereof to read as follows: 

Within the 180-day period (90-day period for Plan Years beginning before January 1, 2007) ending on the Annuity Starting Date, the
Participant may waive the receipt of benefits in the form of a Qualified Joint and Survivor Annuity and elect one of the optional forms of payment described in Section 9.4. 

3. SINGLE-SUM DISTRIBUTIONS. Effective for Plan Years beginning on or after January 1, 2008, Section 9.5 of the Plan is hereby
amended by restating the first sentence of the fourth paragraph thereof to read as follows: 
 The applicable interest rate is
(i) for Annuity Starting Dates in Plan Years beginning before January 1, 2008, the rate of interest on 30-year Treasury securities and (ii) for Annuity Starting Dates in Plan Years beginning on or after January 1, 2008, the rate
defined in Code Section 417(e)(3) as amended by the Pension Protection Act of 2006, each for the lookback month for the stability period specified in the Participation Agreement. 

4. SINGLE-SUM DISTRIBUTIONS. Effective for Plan Years beginning on or after January 1, 2008, Section 9.5 of the Plan is hereby
further amended by adding the following new sentence at the end of the fourth paragraph thereof: 
 Effective for Annuity
Starting Dates in Plan Years beginning on or after January 1, 2008, the applicable mortality table is the mortality table specified for purposes of Code Section 417(e)(3) for the calendar year which includes the first day of the Plan Year
which includes the Annuity Starting Date. 
 5. QUALIFIED DOMESTIC RELATIONS ORDER. Effective August 17, 2006,
Section 9.8 of the Plan is hereby amended by adding the following new sentence at the end thereof: 
 A domestic relations
order shall not fail to be a Qualified Domestic Relations Order solely because of the time at which it is issued or because it is issued after or revises another domestic relations order or Qualified Domestic Relations Order. 

6. RESTRICTIONS ON IMMEDIATE DISTRIBUTIONS. Effective for Plan Years beginning on or after January 1, 2007, Section 9.9 of the
Plan is hereby amended by restating the first paragraph thereof to read as follows: 
 If either the present value of a
Participant’s vested Accrued Benefit (derived from employer and employee contributions) exceeds (or at the time of any prior distribution exceeded) $5,000 (or exceeds $3,500 or any other dollar amount less than $5,000 prior to the effective
date specified in the Participation Agreement for purposes of increasing from $3,500 or such other dollar amount to $5,000 the present value of vested Accrued 

 

 2 

 
Benefits required to be distributed in a single lump sum payment pursuant to Section 9.5) or there are remaining payments to be made with respect to a particular distribution option that
previously commenced, and the Accrued Benefit is immediately distributable, the Participant and his or her spouse (or, where the Participant or the spouse has died, the survivor) must consent to any distribution of the Accrued Benefit. The consent
shall be made in writing within the 180-day period (90-day period for Plan Years beginning before January 1, 2007) ending on the Annuity Starting Date. The Plan Administrator shall notify the Participant and his or her spouse of the right to
defer any distribution until the Participant’s Accrued Benefit is no longer immediately distributable. For notices given during Plan Years beginning after December 31, 2006, such notices shall also include a description of how much larger
the benefits will be if the commencement of distributions is deferred to Normal Retirement Age. The notice shall include a general description of the material features, and an explanation of the relative values, of the optional forms of benefit
available under the Plan in a manner that would satisfy the notice requirements of Code Section 417(a)(3) and Section 1.417(a)-3 of the Income Tax Regulations. The notice shall be provided no less than 30 days, and no more than 180 days
(90 days for notices given in Plan Years beginning before January 1, 2007), before the Annuity Starting Date. However, distribution may commence less than 30 days after the notice described in the preceding sentence is given, provided the
distribution is one to which Code Sections 411(a)(11) and 417 do not apply, the Plan Administrator clearly informs the Participant that the Participant has a right to a period of at least 30 days after receiving the notice to consider the decision
of whether or not to elect a distribution (and, if applicable, a particular distribution option), and the Participant, after receiving the notice, affirmatively elects a distribution. 

7. LIMITATION ON BENEFITS. Effective for Limitation Years beginning after December 31, 2008, Section 11.2 of the Plan is hereby
amended by adding the following sentence at the end of subsection (d)(2)(B)(i) thereof: 
 Notwithstanding the foregoing, in the
case of an Employer Plan maintained by an eligible employer (as defined in Code Section 408(p)(2)(C)(i), pertaining to employers with no more than 100 employees andthat satisfy certain other requirements contained therein), the immediately
preceding sentence shall be applied without regard to clause (iii) thereof. 
 8. BENEFIT RESTRICTIONS AS A RESULT OF
FUNDING. Article 11 of the Plan is hereby amended by adding the following new Section at the end thereof: 

11.4. Benefit Restrictions as a Result of Funding. Notwithstanding any provision of the Plan to the contrary, the
following benefit restrictions shall apply if the Plan’s “Adjusted Funding Target Attainment Percentage” (the “AFTAP”), as defined in Code Section 436(j) and the Income Tax Regulations promulgated thereunder, is at or
below the levels described below. 
 (a) The Plan shall limit distribution of prohibited payments (as defined
below) as follows: 
 (1) If the Plan’s AFTAP is 60% or greater but less than 80% for a Plan Year, the Plan
shall not pay any prohibited payment with an annuity starting date (as defined in Section 1.436-1(j)(2) of the Income Tax Regulations) on or after the 

 

 3 

 
applicable Section 436 measurement date (as defined in Section 1.436-1(j)(8) of the Income Tax Regulations) to the extent the amount of the payment exceeds the lesser of (x) 50% of
the amount of the payment which could be made without regard to the restrictions under this Section 11.4(a)(1), and (y) the present value (determined pursuant to guidance prescribed by the Pension Benefit Guaranty Corporation, using the
interest and mortality assumptions under Code Section 417(e)) of the maximum guarantee with respect to the Participant under ERISA Section 4022. Notwithstanding the preceding sentence, only one such prohibited payment (or a series of
prohibited payments under a single optional form of benefit) may be made with respect to any Participant during any period of consecutive Plan Years to which the limitations under either Sections 11.4(a)(1), (2) or (3) apply. For purposes
of this Section 11.4(a)(1), “Participant” includes the Participant, his or her Beneficiary and any alternate payee, as defined in Code Section 414(p)(8). 

(2) If the Plan’s AFTAP is less than 60% for a Plan Year, the Plan shall not pay any prohibited payment with an
annuity starting date (as defined in Section 1.436-1(j)(2) of the Income Tax Regulations) on or after the applicable Section 436 measurement date (as defined in Section 1.436-1(j)(8) of the Income Tax Regulations). 

(3) During any period in which the Employer is a debtor in a case under Title 11, United States Code (or similar federal
or state law), the Plan shall not make any prohibited payment. The preceding sentence shall not apply on or after the date on which the Plan’s enrolled actuary certifies that the AFTAP is not less than 100%. 

(4) The restrictions of this Section 11.4(a) shall not apply to the Plan for any Plan Year if the terms of the Plan
(as in effect for the period beginning on September 1, 2005, and ending with such Plan Year) provide for no benefit accruals with respect to any Participant during such period. 

(5) For purposes of this Section 11.4(a), the term “prohibited payment” means (x) any payment, in
excess of the monthly amount paid under a single life annuity (plus any Social Security supplements described in the last sentence of Code Section 411(a)(9)), to a Participant or Beneficiary whose annuity starting date (as defined in
Section 1.436-1(d)(2)(ii) of the Income Tax Regulations) occurs during any period a limitation under subsection (1), (2) or (3) is in effect, (y) any payment for the purchase of an irrevocable commitment from an insurer to pay
benefits or (z) any other payment specified by the Secretary of the Treasury by regulations. Such term shall not include the payment of a benefit which under Code Section 411(a)(11) may be immediately distributed without the consent of the
Participant. 
 (b) In any Plan Year in which the Plan’s AFTAP for such Plan Year is less than 60%, benefit
accruals under the Plan shall cease as of the applicable Section 436 measurement date (as defined in Section 1.436-1(j)(8) of the Income Tax Regulations). This restriction shall cease to apply with respect to any Plan Year, effective as of
the first day of the Plan Year, upon payment by the Employer of a contribution (in addition to any minimum required contribution under Code Section 430) equal to the amount sufficient to result in an AFTAP of 60%. Effective only for the first
Plan Year beginning during 
  

 4 

 
the period from October 1, 2008 through September 30, 2009, the restrictions of this Section 11.4(b) shall be applied by substituting the Plan’s AFTAP for the preceding Plan
Year for such percentage for such Plan Year, but only if the AFTAP for the preceding Plan Year is greater. 
 (c)
No amendment which has the effect of increasing Plan liabilities by reason of increases in benefits, establishment of new benefits, changing the rate of benefit accruals or the rate at which benefits become nonforfeitable shall take effect during
any Plan Year if the Plan’s AFTAP for such Plan Year is less than 80% or would be less than 80% after taking into account such amendment; provided, however, that the preceding restriction shall not apply to an amendment which provides for an
increase in benefits under a formula which is not based on a Participant’s compensation if the rate of such increase is not in excess of the contemporaneous rate of increase in average wages of Participants covered by the amendment and,
provided, further, that such restriction shall cease to apply with respect to any Plan Year, effective as of the first day of the Plan Year (or if later, the effective date of the amendment), upon payment by the Employer of a contribution (in
addition to any minimum required contribution under Code Section 430) as described in Code Section 436(c)(2). 

(d) The Plan shall not provide an unpredictable contingent event benefit payable with respect to any event occurring
during any Plan Year if the AFTAP for such Plan Year is less than 60% or would be less than 60% after taking into account such occurrence; provided, however, such restriction shall cease to apply with respect to any Plan Year, effective as of the
first day of the Plan Year, upon payment by the Employer of a contribution (in addition to any minimum required contribution under Code Section 430) as described in Code Section 436(b)(2). For purposes of this Section 11.4(d), the
term “unpredictable contingent event benefit” means any benefit payable solely by reason of a plant shutdown, whether full or partial (or similar event, as determined by the Secretary of the Treasury), or an event (including the absence of
an event) other than the attainment of any age, performance of any service, receipt or derivation of any compensation, or occurrence of death or disability. 

(e) To avoid benefit restrictions, the Employer may take any action permitted by Code Section 436 and the Income Tax
Regulations promulgated thereunder. 
 (f) The provisions of this Section 11.4 are intended to comply with
ERISA Section 206(g), Code Section 436 and any Income Tax Regulations promulgated thereunder (as well as the transitional guidance under Notice 2008-21 and Notice 2008-73 in the case of small plans with end of year valuation dates), and
shall be construed to comply therewith. For any period during which a presumption under Code Section 436(h) applies to the Plan, the limitations applicable under Code Section 436(b), 436(c), 436(d) and 436(e) shall apply to the Plan as if
the actual AFTAP for the Plan Year were the presumed AFTAP. 
 (g) The provisions of this Section 11.4 shall
become effective for Plan Years beginning on or after December 31, 2007; provided, however, in the case of a plan maintained pursuant to a collective bargaining agreement which was ratified before January 1, 2008, the provisions of this
Section 11.4 shall not apply to Plan Years beginning before the earlier of: (A) the later of (1) the date on which the last collective bargaining agreement relating to the Plan terminates (determined without regard to any extension
thereof agreed to after August 17, 2006), and (2) the first day of the first Plan Year beginning on or after January 1, 2008; and (B) January 1, 2010. 

 

 5 

 9. ROLLOVER FROM ANOTHER PLAN. Effective January 1, 2007, Section 15.4 of the Plan
is hereby amended by restating the first sentence thereof to read as follows: 
 A Participant who has received an eligible
rollover distribution (as defined in Code Section 402(c)(4)) under a Qualified Plan may roll over such distribution into this Plan for credit to a Prior Plan Account established for him or her under the Plan, provided, however, that such
rollover shall not include the portion of any such distribution attributable to employee after-tax contributions under such other Qualified Plan or designated Roth contributions described in Code Section 402A or any related earnings on such
designated Roth contributions. 
 10. MILITARY SERVICE. Effective as of January 1, 2007, Section 17.13 of the Plan is
hereby amended by adding the following new sentence at the end thereof: 
 Effective as of January 1, 2007, in the case of a
Participant who dies while performing qualified military service, such Participant’s Beneficiaries shall be entitled to such additional benefits (other than benefit accruals relating to the period of qualified military service), if any,
provided under the Plan as if the Participant had resumed and then terminated employment on account of death, to the extent required by Code Section 401(a)(37). 

11. MILITARY SERVICE. Effective as of January 1, 2009, Section 17.13 of the Plan is hereby further amended by adding the
following new sentence at the end thereof: 
 Effective as of January 1, 2009, the treatment of differential wage payments
(as defined for purposes of Code Section 414(u)(12)), if any, received during qualified military service shall be in accordance with the requirements of Code Section 414(u). 

12. ELIGIBLE ROLLOVER DISTRIBUTION. Effective for taxable years beginning after December 31, 2006, Section 19.2(a) of the Plan is
hereby amended by adding the following new paragraph at the end thereof: 
 A portion of a distribution shall not
fail to be an Eligible Rollover Distribution merely because the portion consists of after-tax employee contributions which are not includible in gross income. However, such portion may be transferred only to (i) an individual retirement account
or annuity described in Code Section 408(a) or (b); (ii) for taxable years beginning after December 31, 2001 and before January 1, 2007; to a qualified trust which is part of a defined contribution plan that agrees to separately
account for amounts so transferred, including separately accounting for the portion of such distribution which is includible in gross income and the portion of such distribution which is not so includible; or (iii) for taxable years beginning
after December 31, 2006, to a qualified trust or to an annuity contract described in Code Section 403(b), if such trust or contract provides for separate accounting for amounts so transferred (including interest thereon), including
separately accounting for the portion of such distribution which is includible in gross income and the portion of such distribution which is not so includible. 
  

 6 

 13. ELIGIBLE RETIREMENT PLAN. Effective January 1, 2008, Section 19.2(b) of the Plan
is hereby amended by deleting the last sentence thereof and adding the following new sentence at the end thereof: 
 Effective
January 1, 2008, an Eligible Retirement Plan shall also be a Roth individual retirement account described in Code Section 408A to the extent permitted by the rules of Code Section 402(c) and other Code Sections. 

14. DISTRIBUTEE. Effective January 1, 2008, Section 19.2(c) of the Plan is hereby restated in its entirety to read as follows:

 (c) Distributee: A Distributee includes an Employee or former Employee. A Distributee also includes the
Employee’s or former Employee’s surviving Spouse and the Employee’s or former Employee’s Spouse or former Spouse who is the alternate payee under a Qualified Domestic Relations Order, as defined in Code Section 414(p), with
regard to the interest of the Spouse or former Spouse. Effective January 1, 2008, a Distributee also includes the Participant’s non-Spouse Beneficiary; provided, however, that if the Preexisting Plan was not maintained in the form of a
plan under the American Bar Association Members Defined Benefit Pension Plan, this provision shall be effective as of the date the Participation Agreement is executed or, if earlier, the first day of the first Plan Year beginning after
December 31, 2009. In the case of a non-Spouse Beneficiary, the direct rollover may be made only to an individual retirement account or annuity described in Code Section 408(a) or 408(b) (“IRA”) that is established on behalf of
the Beneficiary and that will be treated as an inherited IRA pursuant to the provisions of Code Section 402(c)(11). Also, in this case, the determination of any required minimum distribution under Code Section 401(a)(9) that is ineligible
for rollover shall be made in accordance with Notice 2007-7, Q&A 17 and 18, 2007-5 I.R.B. 395. 
 IN WITNESS WHEREOF,
ABA Retirement Funds has caused this instrument to be executed by a duly authorized officer this 15 day of December 2009. 
  

			
	ABA RETIREMENT FUNDS
		
	By:	 	 /s/ Diane J. Fuchs

	Its:	 	President

  

 7

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