Document:

Exhibit 10.5

 Exhibit 10.5 
 CULLMAN SAVINGS BANK 
 PROFIT SHARING PLAN 
 Defined Contribution Plan 8.0 
 Restated January 1, 1997 

 TABLE OF CONTENTS 
 INTRODUCTION 
  

							
	 ARTICLE I
	 		 	FORMAT AND DEFINITIONS
				
		 	 Section 1.01
	 	—	 	Format
		 	 Section 1.02
	 	—	 	Definitions
			
	 ARTICLE II
	 		 	PARTICIPATION
				
		 	 Section 2.01
	 	—	 	Active Participant
		 	 Section 2.02
	 	—	 	Inactive Participant
		 	 Section 2.03
	 	—	 	Cessation of Participation
			
	 ARTICLE III
	 		 	CONTRIBUTIONS
				
		 	 Section 3.01
	 	—	 	Employer Contributions
		 	 Section 3.01A
	 	—	 	Rollover Contributions
		 	 Section 3.02
	 	—	 	Forfeitures
		 	 Section 3.03
	 	—	 	Allocation
		 	 Section 3.04
	 	—	 	Contribution Limitation
			
	 ARTICLE IV
	 		 	INVESTMENT OF CONTRIBUTIONS
				
		 	 Section 4.01
	 	—	 	Investment and Timing of Contributions
			
	 ARTICLE V
	 		 	BENEFITS
				
		 	 Section 5.01
	 	—	 	Retirement Benefits
		 	 Section 5.02
	 	—	 	Death Benefits
		 	 Section 5.03
	 	—	 	Vested Benefits
		 	 Section 5.04
	 	—	 	When Benefits Start
		 	 Section 5.05
	 	—	 	Withdrawal Benefits
		 	 Section 5.06
	 	—	 	Distributions Under Qualified Domestic Relations Orders
			
	 ARTICLE VI
	 		 	DISTRIBUTION OF BENEFITS
				
		 	 Section 6.01
	 	—	 	Automatic Forms of Distribution
		 	 Section 6.02
	 	—	 	Optional Forms of Distribution
		 	 Section 6.03
	 	—	 	Election Procedures
		 	 Section 6.04
	 	—	 	Notice Requirements
		 	 Section 6.05
	 	—	 	Transitional Rules

  

					
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	  	3	  	TABLE OF CONTENTS (4-44654)

  

							
	 ARTICLE VII
	 		 	DISTRIBUTION REQUIREMENTS
				
		 	 Section 7.01
	 	—	 	Application
		 	 Section 7.02
	 	—	 	Definitions
		 	 Section 7.03
	 	—	 	Distribution Requirements
		 	 Section 7.04
	 	—	 	Transitional Rule
			
	 ARTICLE VIII
	 		 	TERMINATION OF THE PLAN
			
	 ARTICLE IX
	 		 	ADMINISTRATION OF THE PLAN
				
		 	 Section 9.01
	 	—	 	Administration
		 	 Section 9.02
	 	—	 	Expenses
		 	 Section 9.03
	 	—	 	Records
		 	 Section 9.04
	 	—	 	Information Available
		 	 Section 9.05
	 	—	 	Claim and Appeal Procedures
		 	 Section 9.06
	 	—	 	Delegation of Authority
		 	 Section 9.07
	 	—	 	Exercise of Discretionary Authority
			
	 ARTICLE X
	 		 	GENERAL PROVISIONS
				
		 	 Section 10.01
	 	—	 	Amendments
		 	 Section 10.02
	 	—	 	Direct Rollovers
		 	 Section 10.03
	 	—	 	Mergers and Direct Transfers
		 	 Section 10.04
	 	—	 	Provisions Relating to the Insurer and Other Parties
		 	 Section 10.05
	 	—	 	Employment Status
		 	 Section 10.06
	 	—	 	Rights to Plan Assets
		 	 Section 10.07
	 	—	 	Beneficiary
		 	 Section 10.08
	 	—	 	Nonalienation of Benefits
		 	 Section 10.09
	 	—	 	Construction
		 	 Section 10.10
	 	—	 	Legal Actions
		 	 Section 10.11
	 	—	 	Small Amounts
		 	 Section 10.12
	 	—	 	Word Usage
		 	 Section 10.13
	 	—	 	Change in Service Method
		 	 Section 10.14
	 	—	 	Military Service
			
	 ARTICLE XI
	 		 	TOP-HEAVY PLAN REQUIREMENTS
				
		 	 Section 11.01
	 	—	 	Application
		 	 Section 11.02
	 	—	 	Definitions
		 	 Section 11.03
	 	—	 	Modification of Vesting Requirements
		 	 Section 11.04
	 	—	 	Modification of Contributions
		 	 Section 11.05
	 	—	 	Modification of Contribution Limitation
	
	 PLAN EXECUTION

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	4	  	TABLE OF CONTENTS (4-44654)

 INTRODUCTION 
 The Primary Employer previously established a profit sharing plan on January 1, 1984. 
 The Primary
Employer is of the opinion that the plan should be changed. It believes that the best means to accomplish these changes is to completely restate the plan’s terms, provisions and conditions. The restatement, effective January 1, 1997, is
set forth in this document and is substituted in lieu of the prior document. 
 This restatement is made retroactively to reflect the law
changes made through the Internal Revenue Service Restructuring and Reform Act of 1998. The provisions of this Plan apply as of the effective date of the restatement except as provided in the attached addendums which reflect the operation of the
Plan between the effective date of the restatement and the date this restatement is adopted and identify those provisions which are not amended retroactively. 
 The restated plan continues to be for the exclusive benefit of employees of the Employer. All persons covered under the plan on December 31, 1996, shall continue to be covered under the restated plan with no loss
of benefits. 
 It is intended that the plan, as restated, shall qualify as a profit sharing plan under the Internal Revenue Code of 1986,
including any later amendments to the Code. 
  

					
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	  	5	  	INTRODUCTION (4-44654)

 ARTICLE I 
 FORMAT AND DEFINITIONS 
 SECTION 1.01–FORMAT. 
 Words and phrases defined in the DEFINITIONS SECTION of Article I shall have that defined meaning when used in this Plan, unless the context clearly
indicates otherwise. 
 These words and phrases have an initial capital letter to aid in identifying them as defined terms. 
 SECTION 1.02–DEFINITIONS. 
 Account means,
for a Participant, his share of the Plan Fund. Separate accounting records are kept for those parts of his Account that result from: 
  

	 	(a)	Employer Contributions 

  

	 	(b)	Rollover Contributions 

 If the Participant’s Vesting
Percentage is less than 100% as to Employer Contributions, a separate accounting record will be kept for any part of his Account resulting from such Employer Contributions made before a prior Forfeiture Date. 
 A Participant’s Account shall be reduced by any distribution of his Vested Account and by any Forfeitures. A Participant’s Account shall
participate in the earnings credited, expenses charged, and any appreciation or depreciation of the Investment Fund. His Account is subject to any minimum guarantees applicable under the Annuity Contract or other investment arrangement and to any
expenses associated therewith. 
 Accrual Computation Period means a consecutive 12-month period ending on the last day of each Plan
Year, including corresponding consecutive 12-month periods before January 1, 1984. 
 Active Participant means an Eligible
Employee who is actively participating in the Plan according to the provisions in the ACTIVE PARTICIPANT SECTION of Article II. 
 Affiliated Service Group means any group of corporations, partnerships or other organizations of which the Employer is a part and which is affiliated within the meaning of Code Section 414(m) and regulations thereunder. Such a
group includes at least two organizations one of which is either a service organization (that is, an organization the principal business of which is performing services), or an organization the principal business of which is performing management
functions on a regular and continuing basis. Such service is of a type historically performed by employees. In the case of a management organization, the Affiliated Service Group shall include organizations related, within the meaning of Code
Section 144(a)(3), to either the management organization or the organization for which it performs management functions. The term Controlled Group, as it is used in this Plan, shall include the term Affiliated Service Group. 
  

					
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	  	6	  	ARTICLE I (4-44654)

 Alternate Payee means any spouse, former spouse, child, or other dependent of a Participant who is
recognized by a qualified domestic relations order as having a right to receive all, or a portion of, the benefits payable under the Plan with respect to such Participant. 
 Annual Compensation means, for a Plan Year, the Employee’s Compensation for the Compensation Year ending with or within the consecutive 12-month period ending on the last day of the Plan Year. 

Annuity Contract means the annuity contract or contracts into which the Primary Employer enters with the Insurer for guaranteed benefits, for
the investment of Contributions in separate accounts, and for the payment of benefits under this Plan. The term Annuity Contract as it is used in this Plan shall include the plural unless the context clearly indicates the singular is meant.

 Annuity Starting Date means, for a Participant, the first day of the first period for which an amount is payable as an annuity or
any other form. 
 Beneficiary means the person or persons named by a Participant to receive any benefits under the Plan when the
Participant dies. See the BENEFICIARY SECTION of Article X. 
 Claimant means any person who makes a claim for benefits under this
Plan. See the CLAIM AND APPEAL PROCEDURES SECTION of Article IX. 
 Code means the Internal Revenue Code of 1986, as amended.

 Compensation means, except for purposes of the CONTRIBUTION LIMITATION SECTION of Article III and Article XI, the total earnings,
except as modified in this definition, paid or made available to an Employee by the Employer during any specified period. 
 “Earnings” in this definition means wages within the meaning at Code Section 3401(a) and all other payments of 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 the Employee a written statement under Code Sections 6041(d), 6051(a)(3), and 6052. Earnings must be 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 3401(a)(2)). The amount reported in the “Wages, Tips and Other Compensation” box on Form
W-2 satisfies this definition. 
 For any Self-employed Individual, Compensation means Earned Income. 
 Compensation shall also include elective contributions. For this purpose, elective contributions are amounts contributed by the Employer pursuant to a
salary reduction agreement and which are not includible in the gross income of the Employee under Code Section 125, 402(e)(3), 402(h)(1)(B), or 403(b). Elective contributions also include compensation deferred under a Code Section 457 plan
maintained by the Employer and employee contributions “picked up” by a governmental entity and, pursuant to Code Section 414(h)(2), treated as Employer contributions. For years beginning after December 31, 1997, elective
contributions shall also include amounts contributed by the Employer pursuant to a salary reduction agreement and which are not includible in the gross income of the Employee under Code Section 132(f)(4). 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	7	  	ARTICLE I (4-44654)

 For Plan Years beginning on or after January 1, 1994, the annual Compensation of each Participant
taken into account for determining all benefits provided under the Plan for any determination period shall not exceed $150,000, as adjusted for increases in 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. 
 If a determination period
consists of fewer than 12 months, the annual limit is an amount equal to the otherwise applicable annual limit multiplied by a fraction. The numerator of the fraction is the number of months in the short determination period, and the denominator of
the fraction is 12. 
 If Compensation for any prior determination period is taken into account in determining a Participant’s
contributions or 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 determination period. For this purpose, in determining contributions
or benefits in Plan Years beginning on or after January 1, 1994, the annual compensation limit in effect for determination periods beginning before that date is $150,000. 
 Compensation means, for a Leased Employee, Compensation for the services the Leased Employee performs for the Employer, determined in the same manner as
the Compensation of Employees who are not Leased Employees, regardless of whether such Compensation is received directly from the Employer or from the leasing organization. 
 Compensation Year means the consecutive 12-month period ending on the last day of each Plan Year, including corresponding periods before
January 1, 1984. 
 Contingent Annuitant means an individual named by the Participant to receive a lifetime benefit after the
Participant’s death in accordance with a survivorship life annuity. 
 Contributions means Employer Contributions as set out in
Article III. 
 Employer Contributions 
 Rollover Contributions 
 as set out in Article III, unless the context clearly indicates only specific contributions are meant.

 Controlled Group means any group of corporations, trades, or businesses of which the Employer is a part that are under common
control. A Controlled Group includes any group of corporations, trades, or businesses whether or not incorporated, which is either a parent-subsidiary group, a brother-sister group, or a combined group within the meaning of Code Section 414(b), Code
Section 414(c) and regulations thereunder and, for purposes of determining contribution limitations under the CONTRIBUTION LIMITATION SECTION of Article III, as modified by Code Section 415(h) and, for the purpose of identifying Leased
Employees, as modified by Code Section 144(a)(3). The term Controlled Group, as it is used in this Plan, shall include the term Affiliated Service Group and any other employer required to be aggregated with the Employer under Code
Section 414(o) and the regulations thereunder. 
 Direct Rollover means a payment by the Plan to the Eligible Retirement Plan
specified by the Distributee. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	8	  	ARTICLE I (4-44654)

 Distributee means an Employee or former Employee. In addition, 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), are Distributees with regard
to the interest of the spouse or former spouse. 
 Early Retirement Age means a Participant’s age on the date he meets the
following requirement(s): 
  

	 	(a)	He has attained age 55. 

  

	 	(b)	He has completed 10 years of Vesting Service. 

 Early
Retirement Date means the first day of any month before a Participant’s Normal Retirement Date which the Participant selects for the start of his retirement benefits. This day may be on or after the date on which he ceases to be an Employee
and reaches Early Retirement Age. If a Participant ceases to be an Employee before satisfying any age requirement for Early Retirement Age, but after satisfying any other requirements, the Participant shall be entitled to elect an early retirement
benefit upon satisfying such age requirement. 
 Earned Income means, for a Self-employed Individual, net earnings from self-employment
in the trade or business for which this Plan is established if such Self-employed individual’s personal services are a material income producing factor for that trade or business. Net earnings shall be determined without regard to items not
included in gross income and the deductions properly allocable to or chargeable against such items. Net earnings shall be reduced for the employer contributions to the Employer’s qualified retirement plan(s) to the extent deductible under Code
Section 404. 
 Net earning shall be determined with regard to the deduction allowed to the Employer by Code Section 164(f) for
taxable years beginning after December 31, 1989. 
 Eligibility Break in Service means and Eligibility Computation Period in which
an Employee is credited with 500 or fewer Hours-of-Service. An Employee incurs an Eligibility Break in Service on the last day of an Eligibility Computation Period in which he has an Eligibility Break in Service. 
 Eligibility Computation Period means a consecutive 12-month period. The first Eligibility Computation Period begins on an Employee’s
Employment Commencement Date. Later Eligibility Computation Periods shall be consecutive 12-month periods ending on the last day of each Plan Year that begins after his Employment Commencement Date. 
 To determine an Eligibility Computation Period after an Eligibility Break in Service, the Plan shall use the consecutive 12-month period beginning on an
Employee’s Reemployment Commencement Date as if his Reemployment Commencement Date were his Employment Commencement Date. 
 Eligibility Service means one year of service for each Eligibility Computation Period that has ended and in which an Employee is credited with at least 1,000 Hours-of-Service. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	9	  	ARTICLE I (4-44654)

 However, Eligibility Service is modified as follows: 
 Period of Military Duty included: 
 A Period
of Military Duty shall be included as service with the Employer to the extent it has not already been credited. For purposes of crediting Hours-of-Service during the Period of Military Duty, an Hour-of-Service shall be credited (without regard to
the 501 Hour-of-Service limitation) for each hour an Employee would normally have been scheduled to work for the Employer during such period. 
 Controlled Group service included: 
 An Employee’s service with a member firm of a Controlled Group while both that firm and
the Employer were members of the Controlled Group shall be included as service with the Employer. 
 Eligible Employee means any
Employee of the Employer. 
 Eligible Retirement Plan means an individual retirement account described in Code Section 408(a), an
individual retirement annuity described in Code Section 408(b), an annuity plan described in Code Section 403(a) or a qualified trust described in Code Section 401(a), that accepts the Distributee’s Eligible Rollover
Distribution. However, in the case of an Eligible Rollover Distribution to the surviving spouse, an Eligible Retirement Plan is an individual retirement account or individual retirement annuity. 
 Eligible Rollover Distribution means any distribution of all or any portion of the balance to the credit of the Distributee, except that an
Eligible Rollover Distribution does not include: (i) any distribution that is one of a series of substantially equal periodic payments (not less frequently than annually) made for the life (or life expectancy) of the Distributee or the joint
lives (or joint life expectancies) of the Distributee and the Distributee’s designated Beneficiary, or for a specified period of ten years or more; (ii) any distribution to the extent such distribution is required under Code
Section 401(a)(9); (iii) the portion of any other distribution(s) that is not includible in gross income (determined without regard to the exclusion for net unrealized appreciation with respect to employer securities); and (iv) any
other distribution(s) that is reasonably expected to total less than $200 during a year. 
 Employee means an individual who is
employed by the Employer or any other employer required to be aggregated with the Employer under Code Sections 414(b), (c), (m), or (o). A Controlled Group member is required to be aggregated with the Employer. 
 The term Employee shall include any Self-employed Individual treated as an employee of any employer described in the preceding paragraph as provided in
Code Section 401(c)(1). The term Employee shall also include any Leased Employee deemed to be an employee of any employer described in the preceding paragraph as provided in Code Section 414(n) or (o). 
 Employer means, except for purposes of the CONTRIBUTION LIMITATION SECTION of Article III, the Primary Employer. This will also include any
successor corporation or firm of the Employer which shall, by written agreement, assume the obligations of this Plan or any Predecessor Employer which maintained this Plan. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	10	  	ARTICLE I (4-44654)

 Employer Contributions means contributions made by the Employer to fund this Plan as set out in
Article III and in accordance with the provisions of the MODIFICATION OF CONTRIBUTIONS SECTION of Article XI, unless the context clearly indicates only one is meant. 
 Employment Commencement Date means the date an Employee first performs an Hour-of-Service. 
 Entry
Date means the date an Employee first enters the Plan as an Active Participant. See the ACTIVE PARTICIPANT SECTION of Article II. 
 ERISA means the Employee Retirement Income Security Act of 1974, as amended. 
 Fiscal Year means the Primary
Employer’s taxable year. The last day of the Fiscal Year is December 31. 
 Forfeiture means the part, if any, of a
Participant’s Account that is forfeited. See the FORFEITURES SECTION of Article III. 
 Forfeiture Date means, as to a
Participant, the date the Participant incurs five consecutive Vesting Breaks in Service. 
 Hour-of-Service means the followings:

  

	 	(a)	Each hour for which an Employee is paid, or entitled to payment, for performing duties for the Employer during the applicable computation period. 

  

	 	(b)	Each hour for which an Employee is paid, or entitled to payment, by the Employer because of a period of time in which no duties are performed (irrespective of whether the employment
relationship has terminated) due to vacation, holiday, illness, incapacity (including disability), layoff, jury duty, military duty or leave of absence. Notwithstanding the preceding provisions of this subparagraph (b), no credit will be given to
the Employee: 

  

	 	(1)	for more than 501 Hours-of-Service under this subparagraph (b) because of any single continuous period in which the Employee performs no duties (whether or not such period
occurs in a single computation period); or 

  

	 	(2)	for an Hour-of-Service for which the Employee is directly or indirectly paid, or entitled to payment, because of a period in which no duties are performed if such payment is made or
due under a plan maintained solely for the purpose of complying with applicable worker’s or workmen’s compensation, or unemployment compensation, or disability insurance laws; or 

  

	 	(3)	for an Hour-of-Service for a payment which solely reimburses the Employee for medical or medically related expenses incurred by him. 

 For purposes of this subparagraph (b), a payment shall be deemed to be made by, or due from the Employer, regardless of whether such payment is made by,
or due from the Employer, directly or indirectly through, among others, a trust fund or insurer to which the Employer contributes or pays premiums and regardless of whether contributions made or due to the trust fund insurer or other entity are for
the benefit of particular employees or are on behalf of a group of employees in the aggregate. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	
 11
	  	ARTICLE I (4-44654)

  

	 	(c)	Each hour for which back pay, irrespective of mitigation of damages, is either awarded or agreed to by the Employer. The same Hours-of-Service shall not be credited both under
subparagraph (a) or subparagraph (b) above (as the case may be) and under this subparagraph (c). Crediting of Hours-of-Service for back pay awarded or agreed to with respect to periods described in subparagraph (b) above will be
subject to the limitations set forth in that subparagraph. 

 The crediting of Hours-of-Service above shall be applied under the
rules of paragraphs (b) and (c) of the Department of Labor Regulation 2530.200b-2 (including any interpretations or opinions implementing such rules); which rules, by this reference, are specifically incorporated in full within this Plan.
The reference to paragraph (b) applies to the special rule for determining hours of service for reasons other than the performance of duties such as payments calculated (or not calculated) on the basis of units of time and the rule against
double credit. The reference to paragraph (c) applies to the crediting of hours of service to computation periods. 
 Hours-of-Service
shall be credited for employment with any other employer required to be aggregated with the Employer under Code Sections 414(b), (c), (m), or (o) and the regulations thereunder for purposes of eligibility and vesting. Hours-of-Service shall also be
credited for any individual who is considered an employee for purposes of this Plan pursuant to Code Section 414(n) or (o) and the regulations thereunder. 
 Solely for purposes of determining whether a one-year break in service has occurred for eligibility or vesting purposes, during a Parental Absence an Employee shall be credited with the Hours-of-Service which
otherwise would normally have been credited to the Employee but for such absence, or in any case in which such hours cannot be determined, eight Hours-of-Service per day of such absence. The Hours-of-Service credited under this paragraph shall be
credited in the computation period in which the absence begins if the crediting is necessary to prevent a break in service in that period; or in all other cases, in the following computation period. 
 Inactive Participant means a former Active Participant who has an Account. See the INACTIVE PARTICIPANT SECTION of Article II. 
 Insurer means Principal Life Insurance Company and any other insurance company or companies named by the Trustee or Primary Employer. 

Investment Fund means the total of Plan assets, excluding the guaranteed benefit policy portion of any Annuity Contract. All or a portion of
these assets may be held under the Trust Agreement. 
 The Investment Fund shall be valued at current fair market value as of the Valuation
Date. The valuation shall take into consideration investment earnings credited, expenses charged, payments made, and changes in the values of the assets held in the Investment Fund. 
 The Investment Fund shall be allocated at all times to Participants, except as otherwise expressly provided in the Plan. The Account of a Participant
shall be credited with its share of the gains and losses of the Investment Fund. That part of a Participant’s Account invested in a funding arrangement which establishes one or more accounts or investment vehicles for such Participant
thereunder shall be credited with the gain or loss from such accounts or investment vehicles. The part of a Participant’s Account which is invested in other funding arrangements shall be credited with a proportionate share of the gain or loss
of such investments. The share shall be determined by 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	12	  	ARTICLE I (4-44654)

 multiplying the gain or loss of the investment by the ratio of the part of the Participant’s Account
invested in such funding arrangement to the total of the Investment Fund invested in such funding arrangement. 
 Investment Manager
means any fiduciary (other than a trustee or Named Fiduciary) 
  

	 	(a)	who has the power to manage, acquire, or dispose of any assets of the Plan; 

  

	 	(b)	who (i) is registered as an investment adviser under the Investment Advisers Act of 1940; (ii) is not registered as an investment adviser under such Act by reason of paragraph
(1) of section 203A(a) of such Act, is registered as an investment adviser under the laws of the state (referred to in such paragraph (1)) in which it maintains its principal office and place of business, and, at the time it last filed the
registration form most recently filed by it with such state in order to maintain its registration under the laws of such state, also filed a copy of such form with the Secretary of Labor, (iii) is a bank, as defined in that Act; or (iv) is
an insurance company qualified to perform services described in subparagraph (a) above under the laws of more than one state; and 

  

	 	(c)	who has acknowledged in writing being a fiduciary with respect to the Plan. 

 Late Retirement Date means the first day of any month which is after a Participant’s Normal Retirement Date and on which
retirement benefits begin. If a Participant continues to work for the Employer after his Normal Retirement Date, his Late Retirement Date shall be the earliest first day of the month on or after the date he ceases to be an Employee. An earlier or a
later Retirement Date may apply if the Participant so elects. An earlier Retirement Date may apply if the Participant is age 70  1/
2. See the WHEN BENEFITS START SECTION of Article V. 
 Leased
Employee means any person (other than an employee of the recipient) who, pursuant to an agreement between the recipient and any other person (“leasing organization”), has performed services for the recipient (or for the recipient and
related persons determined in accordance with Code Section 414(n)(6)) on a substantially full time basis for a period of at least one year, and such services are performed under primary direction or control by the recipient. Contributions or
benefits provided by the leasing organization to a Leased Employee, which are attributable to service performed for the recipient employer, shall be treated as provided by the recipient employer. 
 A Leased Employee shall not be considered an employee of the recipient if: 
  

	 	(a)	such employee is covered by a money purchase pension plan providing (i) a nonintegrated employer contribution rate of at least 10 percent of compensation, as defined in Code
Section 415(c)(3), but for years beginning before January 1, 1998, including amounts contributed pursuant to a salary reduction agreement which are excludible from the employee’s gross income under Code Sections 125, 402(e)(3),
402(h)(l)(B), or 403(b), (ii) immediate participation, and (iii) full and immediate vesting, and 

  

	 	(b)	Leased Employees do not constitute more than 20 percent of the recipient’s nonhighly compensated work force. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	13	  	ARTICLE I (4-44654)

 Monthly Date means each Yearly Date and the same day of each following month during the Plan Year
beginning on such Yearly Date. 
 Named Fiduciary means the person or persons who have authority to control and manage the operation
and administration of the Plan. 
 The Named Fiduciary is the Employer. 
 Nonvested Account means the excess, if any, of a Participant’s Account over his Vested Account. 
 Normal Form means a single life annuity with installment refund. 
 Normal Retirement Age means the age at which the Participant’s normal retirement benefit becomes nonforfeitable if he is an Employee. A Participant’s Normal Retirement Age is the older of age 60 or
his age on the date 5 years after the first day of the Plan Year in which his Entry Date occurred. 
 Normal Retirement
Date means the earliest first day of the month on or after the date the Participant reaches his Normal Retirement Age. Unless otherwise provided in this Plan, a Participant’s retirement benefits shall begin on a Participant’s Normal
Retirement Date if he has ceased to be an Employee on such date and has a Vested Account. However, retirement benefits shall not begin before the later of age 62 or his Normal Retirement Age, unless the qualified election procedures of the ELECTION
PROCEDURES SECTION of Article VI are met. Even if the Participant is an Employee on his Normal Retirement Date, he may choose to have his retirement benefit begin on such date. An earlier Retirement Date may apply if the Participant is age 70  1/2. See the WHEN BENEFITS START SECTION of Article V.

 Owner-employee means a Self-employed Individual who, in the case of a sole proprietorship, owns the entire interest in the
unincorporated trade or business for which this Plan is established. If this Plan is established for a partnership, an Owner-employee means a Self-employed Individual who owns more than 10 percent of either the capital interest or profits interest
in such partnership. 
 Parental Absence means an Employee’s absence from work: 
  

	 	(a)	by reason of pregnancy of the Employee, 

  

	 	(b)	by reason of birth of a child of the Employee, 

  

	 	(c)	by reason of the placement of a child with the Employee in connection with adoption of such child by such Employee, or 

  

	 	(d)	for purposes of caring for such child for a period beginning immediately following such birth or placement. 

 Participant means either an Active Participant or an Inactive Participant. 
 Period of Military Duty means, for an Employee 
  

	 	(a)	who served as a member of the armed forces of the United States, and 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	14	  	ARTICLE I (4-44654)

  

	 	(b)	who was reemployed by the Employer at a time when the Employee had a right to reemployment in accordance with seniority rights as protected under Chapter 43 of Title 38 of the U. S.
Code. 

 the period of time from the date the Employee was first absent from active work for the Employer because of such
military duty to the date the Employee was reemployed. 
 Plan means the profit sharing plan of the Employer set forth in this
document, including any later amendments to it. 
 Plan Administrator means the person or persons who administer the Plan. 

The Plan Administrator is the Employer. 
 Plan Fund means the total of the Investment Fund and the guaranteed benefit policy portion of any Annuity Contract. The Investment Fund shall be valued as stated in its definition. The guaranteed benefit policy portion of any Annuity
Contract shall be determined in accordance with the terms of the Annuity Contract and, to the extent that such Annuity Contract allocates contract values to Participants, allocated to Participants in accordance with its terms. The total value of all
amounts held under the Plan Fund shall equal the value of the aggregate Participants’ Accounts under the Plan. 
 Plan Year means
a period beginning on a Yearly Date and ending on the day before the next Yearly Date. 
 Predecessor Employer means a firm of which
the Employer was once a part (e.g., due to a spinoff or change of corporate status) or a firm absorbed by the Employer because of a merger or acquisition (stock or asset, including a division or an operation of such company). 
 Primary Employer means Cullman Savings Bank. 
 Qualified Joint and Survivor Annuity means, for a Participant who has a spouse, an immediate survivorship life annuity with installment refund, where the survivorship percentage is 50% and the Contingent Annuitant is the
Participant’s spouse. A former spouse will be treated as the spouse to the extent provided under a qualified domestic relations order as described in Code Section 414(p). 
 The amount of benefit payable under the Qualified Joint and Survivor Annuity shall be the amount of benefit which may be provided by the
Participant’s Vested Account. 
 Qualified Preretirement Survivor Annuity means a single life annuity with installment refund
payable to the surviving spouse of a Participant who dies before his Annuity Starting Date. A former spouse will be treated as the surviving spouse to the extent provided under a qualified domestic relations order as described in Code
Section 414(p). 
 Reemployment Commencement Date means the date an Employee first performs an Hour-of-Service following an
Eligibility Break in Service. 
 Reentry Date means the date a former Active Participant reenters the Plan. See the ACTIVE PARTICIPANT
SECTION of Article II. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	15	  	ARTICLE I (4-44654)

 Retirement Date means the date a retirement benefit will begin and is a Participant’s Early,
Normal, or Late Retirement Date, as the case may be. 
 Rollover Contributions means the Rollover Contributions which are made by an
Eligible Employee or an Inactive Participant according to the provisions of the ROLLOVER CONTRIBUTIONS SECTION of Article III. 
 Self-employed Individual means, with respect to any Fiscal Year, an individual who has Earned Income for the Fiscal Year (or who would have Earned Income but for the fact the trade or business for which this Plan is established did
not have net profits for such Fiscal Year). 
 Semi-yearly Date means each Yearly Date and the sixth Monthly Date after each Yearly
Date which is within the same Plan Year. 
 Totally and Permanently Disabled means that a Participant is disabled, as a result of
sickness or injury, to the extent that he is prevented from engaging in any substantial gainful activity, and is eligible for and receives a disability benefit under Title II of the Federal Social Security Act. 
 Trust Agreement means an agreement of trust between the Primary Employer and Trustee established for the purpose of holding and distributing the
Trust Fund under the provisions of the Plan. The Trust Agreement may provide for the investment of all or any portion of the Trust Fund in the Annuity Contract. 
 Trust Fund means the total funds held under the Trust Agreement. 
 Trustee means the party or
parties named in the Trust Agreement. The term Trustee as it is used in this Plan is deemed to include the plural unless the context clearly indicates the singular is meant. 
 Valuation Date means the date on which the value of the assets of the Investment Fund is determined. The value of each Account which is maintained
under this Plan shall be determined on the Valuation Date. In each Plan Year, the Valuation Date shall be the last day of the Plan Year. At the discretion of the Plan Administrator, Trustee, or Insurer (whichever applies), assets of the Investment
Fund may be valued more frequently. These dates shall also be Valuation Dates. 
 Vested Account means the vested part of a
Participant’s Account. The Participant’s Vested Account is equal to that part of his Account which results from Contributions which were 100% vested when made before his Vesting Percentage is 100% and is equal to his Account when his
Vesting Percentage is 100%. 
 The Participant’s Vested Account is nonforfeitable. 
 Vesting Break in Service means a Vesting Computation Period in which an Employee is credited with 500 or fewer Hours-of-Service. An Employee incurs
a Vesting Break in Service on the last day of a Vesting Computation Period in which he has a Vesting Break in Service. 
 Vesting
Computation Period means a consecutive 12-month period ending on the last day of each Plan Year, including corresponding consecutive 12-month periods before January 1, 1984. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	16	  	ARTICLE I (4-44654)

 Vesting Percentage means the percentage used to determine the nonforfeitable portion of a
Participant’s Account attributable to Employer Contributions. 
 A Participant’s Vesting Percentage is shown in the following
schedule opposite the number of whole years of his Vesting Service. 
  

			
	 VESTING SERVICE
 (whole years)
	  	VESTING
PERCENTAGE
		
	Less than 5	  	0
	5 or more	  	100

 The Vesting Percentage for a Participant who is an Employee on or after the date he reaches Normal
Retirement Age or Early Retirement Age shall be 100%. The Vesting Percentage for a Participant who is an Employee on the date he becomes Totally and Permanently Disabled or dies shall be 100%. 
 If the schedule used to determine a Participant’s Vesting Percentage is changed, the new schedule shall not apply to a Participant unless he is
credited with an Hour-of-Service on or after the date of the change and the Participant’s nonforfeitable percentage on the day before the date of the change is not reduced under this Plan. The amendment provisions of the AMENDMENTS SECTION of
Article X regarding changes in the computation of the Vesting Percentage shall apply. 
 Vesting Service means one year of service for
each Vesting Computation Period in which an Employee is credited with at least 1,000 Hours-of-Service. 
 However, Vesting Service is modified
as follows: 
 Period of Military Duty included: 
 A Period of Military Duty shall be included as service with the Employer to the extent it has not already been credited. For purposes of crediting Hours-of-Service during the Period of Military Duty, an
Hour-of-Service shall be credited (without regard to the 501 Hour-of-Service limitation) for each hour an Employee would normally have been scheduled to work for the Employer during such period. 
 Controlled Group service included: 
 An
Employee’s service with a member firm of a Controlled Group while both that firm and the Employer were members of the Controlled Group shall be included as service with the Employer. 
 Yearly Date means January 1, 1984, and the same day of each following year. 
 Years of Service means an Employee’s Vesting Service disregarding any modifications which exclude service. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	17	  	ARTICLE I (4-44654)

 ARTICLE II 
 PARTICIPATION 
 SECTION 2.01–ACTIVE PARTICIPANT. 
  

	 	(a)	An Employee shall first become an Active Participant (begin active participation in the Plan) on the earliest Semi-yearly Date on which he is an Eligible Employee and has met both
of the eligibility requirements set forth below. This date is his Entry Date. 

  

	 	(1)	He has completed one year of Eligibility Service before his Entry Date. 

  

	 	(2)	He is age 19 or older. 

 Each Employee who was an Active
Participant under the Plan on December 31, 1996, shall continue to be an Active Participant if he is still an Eligible Employee on January 1, 1997, and his Entry Date shall not change. 
 If a person has been an Eligible Employee who has met all of the eligibility requirements above, but is not an Eligible Employee on the date which would
have been his Entry Date, he shall become an Active Participant on the date he again becomes an Eligible Employee. This date is his Entry Date. 
 In the event an Employee who is not an Eligible Employee becomes an Eligible Employee, such Eligible Employee shall become an Active Participant immediately if such Eligible Employee has satisfied the eligibility requirements above and
would have otherwise previously become an Active Participant had he met the definition of Eligible Employee. This date is his Entry Date. 
  

	 	(b)	An Inactive Participant shall again become an Active Participant (resume active participation in the Plan) on the date he again performs an Hour-of-Service as an Eligible Employee.
This date is his Reentry Date. 

 Upon again becoming an Active Participant, he shall cease to be an Inactive Participant.

  

	 	(c)	A former Participant shall again become an Active Participant (resume active participation in the Plan) on the date he again performs an Hour-of-Service as an Eligible Employee.
This date is his Reentry Date. 

 There shall be no duplication of benefits for a Participant under this Plan because of more
than one period as an Active Participant. 
 SECTION 2.02–INACTIVE PARTICIPANT. 
 An Active Participant shall become an Inactive Participant (stop accruing benefits under the Plan) on the earlier of the following: 
  

	 	(a)	the date the Participant ceases to be an Eligible Employee, or 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	18	  	ARTICLE II (4-44654)

  

	 	(b)	the effective date of complete termination of the Plan under Article VIII. 

 An Employee or former Employee who was an Inactive Participant under the Plan on December 31, 1996, shall continue to be an Inactive Participant on January 1, 1997. Eligibility for any benefits payable to the
Participant or on his behalf and the amount of the benefits shall be determined according to the provisions of the prior document, unless otherwise stated in this document. 
 SECTION 2.03—CESSATION OF PARTICIPATION. 
 A Participant shall cease to be a Participant on the
date he is no longer an Eligible Employee and his Account is zero. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	19	  	ARTICLE II (4-44654)

 ARTICLE III 
 CONTRIBUTIONS 
 SECTION 3.01—EMPLOYER CONTRIBUTIONS. 
 Employer Contributions shall be made without regard to current or accumulated net income, earnings, or profits of the Employer. Notwithstanding the
foregoing, the Plan shall continue to be designed to qualify as a profit sharing plan for purposes of Code Sections 401(a), 402, 412, and 417. 
 Employer Contributions may be made for each Plan Year in an amount determined by the Employer. 
 Employer Contributions are
allocated according to the provisions of the ALLOCATION SECTION of this article. 
 A portion of the Plan assets resulting from Employer
Contributions (but not more than the original amount of those Contributions) may be returned if the Employer Contributions are made because of a mistake of fact or are more than the amount deductible under Code Section 404 (excluding any amount
which is not deductible because the Plan is disqualified). The amount involved must be returned to the Employer within one year after the date the Employer Contributions are made by mistake of fact or the date the deduction is disallowed, whichever
applies. Except as provided under this paragraph and Article VIII, the assets of the Plan shall never be used for the benefit of the Employer and are held for the exclusive purpose of providing benefits to Participants and their Beneficiaries and
for defraying reasonable expenses of administering the Plan. 
 SECTION 3.01A—ROLLOVER CONTRIBUTIONS. 
 A Rollover Contribution may be made by an Eligible Employee or an Inactive Participant if the following conditions are met: 
  

	 	(a)	The Contribution is of amounts distributed from a plan that satisfies the requirements of Code Section 401(a) or from a “conduit” individual retirement account
described in Code Section 408(d)(3)(A). In the case of an Inactive Participant, the Contribution must be of an amount distributed from another plan of the Employer, or a plan of a Controlled Group member, that satisfies the requirements of Code
Section 401(a). 

  

	 	(b)	The Contribution is of amounts that the Code permits to be transferred to a plan that meets the requirements of Code Section 401(a). 

  

	 	(c)	The Contribution is made in the form of a direct rollover under Code Section 401(a)(31)) or is a rollover made under 402(c) or 408(d)(3)(A) within 60 days after the Eligible
Employee or Inactive Participant receives the distribution. 

  

	 	(d)	The Eligible Employee or Inactive Participant furnishes evidence satisfactory to the Plan Administrator that the proposed rollover meets conditions (a), (b), and (c) above.

 A Rollover Contribution shall be allowed in cash only and must be made according to procedures set up by the Plan
Administrator. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	20	  	ARTICLE III (4-44654)

 If the Eligible Employee is not an Active Participant when the Rollover Contribution is made, he shall
be deemed to be an Active Participant only for the purpose of investment and distribution of the Rollover Contribution. Employer Contributions shall not be made for or allocated to the Eligible Employee until the time he meets all of the
requirements to become an Active Participant. 
 Rollover Contributions made by an Eligible Employee or an Inactive Participant shall be
credited to his Account. The part of the Participant’s Account resulting from Rollover Contributions is fully (100%) vested and nonforfeitable at all times. A separate accounting record shall be maintained for that part of his Rollover
Contributions consisting of voluntary contributions which were deducted from the Participant’s gross income for Federal income tax purposes. 
 SECTION 3.02—FORFEITURES. 
 The Nonvested Account of a Participant shall be forfeited as of the earlier of the
following: 
  

	 	(a)	the date the Participant dies (if prior to such date he had ceased to be an Employee), or 

  

	 	(b)	the Participant’s Forfeiture Date. 

 All or a portion of a
Participant’s Nonvested Account shall be forfeited before such earlier date if, after he ceases to be an Employee, he receives, or is deemed to receive, a distribution of his entire Vested Account or a distribution of his Vested Account derived
from Employer Contributions, under the RETIREMENT BENEFITS SECTION of Article V, the VESTED BENEFITS SECTION of Article V, or the SMALL AMOUNTS SECTION of Article X. The forfeiture shall occur as of the date the Participant receives, or is deemed to
receive, the distribution. If a Participant receives, or is deemed to receive, his entire Vested Account, his entire Nonvested Account shall be forfeited. If a Participant receives a distribution of his Vested Account from Employer Contributions,
but less than his entire Vested Account from such Contributions, the amount to be forfeited shall be determined by multiplying his Nonvested Account from such Contributions by a fraction. The numerator of the fraction is the amount of the
distribution derived from Employer Contributions and the denominator of the fraction is his entire Vested Account derived from such Contributions on the date of the distribution. 
 Forfeitures shall be determined at least once during each Plan Year. Forfeitures may first be used to pay administrative expenses. Forfeitures which have
not been used to pay administrative expenses shall be allocated as of the last day of the Plan Year in which such Forfeitures are determined as provided in the ALLOCATION SECTION of this article. Upon their allocation to Accounts, Forfeitures shall
be deemed to be Employer Contributions. 
 If a Participant again becomes an Eligible Employee after receiving a distribution which caused
all or a portion of his Vested Account to be forfeited, he shall have the right to repay to the Plan the entire amount of the distribution he received (excluding any amount of such distribution resulting from Contributions which were 100% vested
when made). The repayment must be made in a single sum (repayment in installments is not permitted) before the earlier of the date five years after the date he again becomes an Eligible Employee or the end of the first period of five consecutive
Vesting Breaks in Service which begin after the date of the distribution. 
 If the Participant makes the repayment above, the Plan
Administrator shall restore to his Account an amount equal to his Nonvested Account which was forfeited on the date of distribution, unadjusted for any 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	21	  	ARTICLE III (4-44654)

 investment gains or losses. If no amount is to be repaid because the Participant was deemed to have received a
distribution, or only received a distribution of Contributions which were 100% vested when made, and he again performs an Hour-of-Service as an Eligible Employee within the repayment period, the Plan Administrator shall restore the
Participant’s Account as if he had made a required repayment on the date he performed such Hour-of-Service. Restoration of the Participant’s Account shall include restoration of all Code Section 411(d)(6) protected benefits with
respect to that restored Account, according to applicable Treasury regulations. Provided, however, the Plan Administrator shall not restore the Nonvested Account if (i) a Forfeiture Date has occurred after the date of the distribution and on or
before the date of repayment and (ii) that Forfeiture Date would result in a complete forfeiture of the amount the Plan Administrator would otherwise restore. 
 The Plan Administrator shall restore the Participant’s Account by the close of the Plan Year following the Plan Year in which repayment is made. Permissible sources for the restoration of the Participant’s
Account are Forfeitures or special Employer Contributions. Such special Employer Contributions shall be made without regard to profits. The repaid and restored amounts are not included in the Participant’s Annual Additions, as defined in the
CONTRIBUTION LIMITATION SECTION of this article. 
 SECTION 3.03—ALLOCATION. 
 A person meets the allocation requirements of this section if he was an Active Participant at any time during the Plan Year and is either an Active
Participant on the last day of the Plan Year or has more than 500 Hours-of-service during the latest Accrual Computation Period ending on or before the last day of the Plan Year. A person shall also meet the requirements of this section if he was an
Active Participant at any time during the Plan Year and retires, becomes Totally and Permanently Disabled, or dies. 
 Employer Contributions
plus any Forfeitures shall be allocated as of the last day of the Plan Year using Annual Compensation for the Plan Year. The amount allocated shall be determined as follows: 
 STEP ONE: This step one shall only apply in years in which the Plan is a Top-heavy Plan, as defined in the DEFINITIONS SECTION of Article XI, and the minimum contribution under the MODIFICATION OF CONTRIBUTIONS
SECTION of Article XI is not being provided by other contributions to this Plan or another plan of the Employer. 
 The allocation in this step one shall be
made to each person meeting the allocation requirements of this section and each person who is entitled to a minimum contribution under the MODIFICATION OF CONTRIBUTIONS SECTION of Article XI. Each such person’s allocation shall be an amount
equal to the Employer Contributions plus any Forfeitures multiplied by the ratio of such person’s Annual Compensation to the total Annual Compensation of all such persons. Such amount shall not exceed 3% of such person’s Annual
Compensation. The allocation for any person who does not meet the allocation requirements of this section shall be limited to the amount necessary to fund the minimum contribution. 
 STEP TWO: The allocation in this step two shall be made to each person meeting the allocation requirements of this section. Each such person’s allocation shall be equal to any amount remaining after the
allocation in step one multiplied by the ratio of such person’s Annual Compensation to the total Annual Compensation of all such persons. 
 This amount
shall be credited to the person’s Account. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	22	  	ARTICLE III (4-44654)

 If Leased Employees are Eligible Employees, in determining the amount of Employer Contributions
allocated to a person who is a Leased Employee, contributions provided by the leasing organization which are attributable to services such Leased Employee performs for the Employer shall be treated as provided by the Employer. Those contributions
shall not be duplicated under this Plan. 
 SECTION 3.04—CONTRIBUTION LIMITATION. 
  

	 	(a)	Definitions. For the purpose of determining the contribution limitation set forth in this section, the following terms are defined. 

 Annual Additions means the sum of the following amounts credited to a Participant’s account for the Limitation Year: 
  

	 	(1)	employer contributions; 

  

	 	(2)	employee contributions; and 

  

	 	(3)	forfeitures. 

 Annual Additions to a defined contribution
plan shall also include the following: 
  

	 	(4)	amounts allocated, after March 31, 1984, to an individual medical account, as defined in Code Section 415(l)(2), which are part of a pension or annuity plan maintained by
the Employer, 

  

	 	(5)	amounts derived from contributions paid or accrued after December 31, 1985, in taxable years ending after such date, which are attributable to post-retirement medical benefits,
allocated to the separate account of a key employee, as defined in Code Section 419A(d)(3), under a welfare benefit fund, as defined in Code Section 419(e), maintained by the Employer; and 

  

	 	(6)	allocations under a simplified employee pension. 

 For this
purpose, any Excess Amount applied under (e) and (k) below in the Limitation Year to reduce Employer Contributions shall be considered Annual Additions for such Limitation Year. 
 Compensation means wages within the meaning of Code Section 3401(a) and all other payments of 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 the Employee a written statement under Code Sections 6041(d), 6051(a)(3), and 6052. Compensation must be 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 3401(a)(2)). The amount reported
in the “Wages, Tips and Other Compensation” box on Form W-2 satisfies this definition. 
 For any Self-employed Individual,
Compensation shall mean Earned Income. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	23	  	ARTICLE III (4-44654)

 For purposes of applying the limitations of this section, Compensation for a Limitation Year is the
Compensation actually paid or made available in gross income during such Limitation Year. 
 For Limitation Years beginning after
December 31, 1997, for purposes of applying the limitations of this section, Compensation paid or made available during such Limitation Year shall include any elective deferral (as defined in Code Section 402(g)(3)), and any amount which is
contributed or deferred by the Employer at the election of the Employee and which is not includible in the gross income of the Employee by reason of Code Section 125, 132(f)(4), or 457. 
 Defined Benefit Plan Fraction means a fraction, the numerator of which is the sum of the Participant’s Projected Annual Benefits under all the
defined benefit plans (whether or not terminated) maintained by the Employer, and the denominator of which is the lesser of (i) 125 percent of the dollar limitation determined for the Limitation Year under Code Sections 415(b)(l)(A) and
(d) or (ii) 140 percent of the Highest Average Compensation, including any adjustments under Code Section 415(b)(5). 
 Notwithstanding the above, if the Participant was a participant as of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined benefit plans maintained by the Employer which were in existence
on May 6, 1986, the denominator of this fraction will not be less than 125 percent of the sum of the annual benefits under such plans which the Participant had accrued as of the close of the last Limitation Year beginning before January 1,
1987, disregarding any changes in the terms and conditions of the plan after May 5, 1986. The preceding sentence applies only if the defined benefit plans individually and in the aggregate satisfied the requirements of Code Section 415 for
all Limitation Years beginning before January 1, 1987. 
 Defined Contribution Dollar Limitation means, for Limitation Years
beginning after December 31, 1994, $30,000, as adjusted under Code Section 415(d). 
 Defined Contribution Plan Fraction
means a fraction, the numerator of which is the sum of the Annual Additions to the Participant’s account under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation
Years (including the Annual Additions attributable to the Participant’s nondeductible employee contributions to all defined benefit plans, whether or not terminated, maintained by the Employer, and the Annual Additions attributable to all
welfare benefit funds, individual medical accounts, and simplified employee pensions, maintained by the Employer), and the denominator of which is the sum of the maximum aggregated amounts for the current and all prior Limitation Years of service
with the Employer (regardless of whether a defined contribution plan was maintained by the Employer). The maximum aggregate amount in any Limitation Year is the lesser of (i) 125 percent of the dollar limitation under Code Section 415(c)(l)(A)
after adjustment under Code Section 415(d) or (ii) 35 percent of the Participant’s Compensation for such year. 
 If the Employee
was a participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of
this fraction will be adjusted if the sum of this fraction and the Defined Benefit Fraction would otherwise exceed 1.0 under the terms of this Plan. Under the adjustment, an amount equal to the product of (i) the excess of the sum of the fractions
over 1.0 times (ii) the denominator of this fraction, will be permanently 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	24	  	ARTICLE III (4-44654)

 subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they
would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the plan made after May 5, 1986, but using the Code Section 415 limitation
applicable to the first Limitation Year beginning on or after January 1, 1987. 
 The Annual Addition for any Limitation Year beginning
before January 1, 1987, shall not be recomputed to treat all employee contributions as Annual Additions. 
 Employer means the
employer that adopts this Plan, and all members of a controlled group of corporations (as defined in Code Section 414(b) as modified by Code Section 415(h)), all commonly controlled trades or businesses (as defined in Code
Section 415(c) as modified by Code Section 415(h)) or affiliated service groups (as defined in Code Section 414(m)) of which the adopting employer is a part, and any other entity required to be aggregated with the employer pursuant to
regulations under Code Section 414(o). 
 Excess Amount means the excess of the Participant’s Annual Additions for the
Limitation Year over the Maximum Permissible Amount. 
 Highest Average Compensation means the average Compensation for the three
consecutive Limitation Years while he was an Employee (actual consecutive Limitation Years while he was an Employee, if employed less than three years) that produces the highest average. 
 Limitation Year means the consecutive 12-month period ending on each December 31. If the Limitation Year is other than the calendar year,
execution of this Plan (or any amendment to this Plan changing the Limitation Year) constitutes the Employer’s adoption of a written resolution electing the Limitation Year. If the Limitation Year is amended to a different consecutive 12-month
period, the new Limitation Year must begin on a date within the Limitation Year in which the amendment is made. 
 Maximum Permissible
Amount means the maximum Annual Addition that may be contributed or allocated to a Participant’s Account under the Plan for any Limitation Year. This amount shall not exceed the lesser of: 
  

	 	(1)	The Defined Contribution Dollar Limitation, or 

  

	 	(2)	25 percent of the Participant’s Compensation for the Limitation Year. 

 The compensation limitation referred to in (2) shall not apply to any contribution for medical benefits (within the meaning of Code Section 401(h) or 419A(f)(2)) which is otherwise treated as an Annual Addition
under Code Section 415(l)(1) or 419A(d)(2). 
 If a short Limitation Year is created because of an amendment changing the Limitation Year
to a different consecutive 12-month period, the Maximum Permissible Amount will not exceed the Defined Contribution Dollar Limitation multiplied by the following fraction: 
 Number of months in the short Limitation Year 
 12 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	25	  	ARTICLE III (4-44654)

 Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarially
equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or qualified joint and survivor annuity) to which the Participant would be entitled under the terms of the plan assuming: 
  

	 	(1)	the Participant will continue employment until normal retirement age under the plan (or current age, if later), and 

  

	 	(2)	the Participant’s Compensation for the current Limitation Year and all other relevant factors used to determine benefits under the Plan will remain constant for all future
Limitation Years. 

  

	 	(b)	If the Participant does not participate in, and has never participated in, another qualified plan maintained by the Employer or a welfare benefit fund, as defined in Code
Section 419(e), maintained by the Employer, or an individual medical account, as defined in Code Section 415(l)(2), maintained by the Employer, or a simplified employee pension, as defined in Code Section 408(k), maintained by the
Employer, which provides an Annual Addition, the amount of Annual Additions which may be credited to the Participant’s Account for any Limitation Year shall not exceed the lesser of the Maximum Permissible Amount or any other limitation
contained in this Plan. If the Employer Contribution that would otherwise be contributed or allocated to the Participant’s Account would cause the Annual Additions for the Limitation Year to exceed the Maximum Permissible Amount, the amount
contributed or allocated shall be reduced so that the Annual Additions for the Limitation Year will equal the Maximum Permissible Amount. 

  

	 	(c)	Prior to determining the Participant’s actual Compensation for the Limitation Year, the Employer may determine the Maximum Permissible Amount for a Participant on the basis of
a reasonable estimation of the Participant’s Compensation for the Limitation Year, uniformly determined for all Participants similarly situated. 

  

	 	(d)	As soon as is administratively feasible after the end of the Limitation Year, the Maximum Permissible Amount for the Limitation Year will be determined on the basis of the
Participant’s actual Compensation for the Limitation Year. 

  

	 	(e)	If as a result of the allocation of Forfeitures, a reasonable error in estimating a Participant’s Compensation for the Limitation Year, or under other facts and circumstances
allowed by the Internal Revenue Service, there is an Excess Amount, the excess will be disposed of as follows: 

  

	 	(1)	If the Participant is covered by the Plan at the end of the Limitation Year, the Excess Amount in the Participant’s Account will be used to reduce Employer Contributions
(including any allocation of Forfeitures) for such Participant in the next Limitation Year, and each succeeding Limitation Year if necessary. 

  

	 	(2)	If the Participant is not covered by the Plan at the end of the Limitation Year, the Excess Amount will be held unallocated in a suspense account. The suspense account will be
applied to reduce future Employer Contributions for all remaining Participants in the next Limitation Year, and each succeeding Limitation Year if necessary. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	26	  	ARTICLE III (4-44654)

  

	 	(3)	If a suspense account is in existence at any time during a Limitation Year pursuant to this (e), it will participate in the allocation of investment gains or losses. If a suspense
account is in existence at any time during a particular Limitation Year, all amounts in the suspense account must be allocated and reallocated to Participant’s Accounts before any Employer Contributions may be made to the Plan for that
Limitation Year. Excess Amounts held in a suspense account may not be distributed to Participants or former Participants. 

  

	 	(f)	This (f) applies if, in addition to this Plan, the Participant is covered under another qualified defined contribution plan maintained by the Employer, a welfare benefit fund
maintained by the Employer, an individual medical account maintained by the Employer, or a simplified employee pension maintained by the Employer which provides an Annual Addition during any Limitation Year. The Annual Additions which may be
credited to a Participant’s Account under this Plan for any such Limitation Year will not exceed the Maximum Permissible Amount, reduced by the Annual Additions credited to a Participant’s account under the other qualified defined
contribution plans, welfare benefit funds, individual medical accounts, and simplified employee pensions for the same Limitation Year. If the Annual Additions with respect to the Participant under other qualified defined contribution plans, welfare
benefit funds, individual medical accounts, and simplified employee pensions maintained by the Employer are less than the Maximum Permissible Amount, and the Employer Contribution that would otherwise be contributed or allocated to the
Participant’s Account under this Plan would cause the Annual Additions for the Limitation Year to exceed this limitation, the amount contributed or allocated will be reduced so that the Annual Additions under all such plans and funds for the
Limitation Year will equal the Maximum Permissible Amount. If the Annual Additions with respect to the Participant under such other qualified defined contribution plans, welfare benefit funds, individual medical accounts, and simplified employee
pensions in the aggregate are equal to or greater than the Maximum Permissible Amount, no amount will be contributed or allocated to the Participant’s Account under this Plan for the Limitation Year. 

  

	 	(g)	Prior to determining the Participant’s actual Compensation for the Limitation Year, the Employer may determine the Maximum Permissible Amount for a Participant in the manner
described in (c) above. 

  

	 	(h)	As soon as administratively feasible after the end of the Limitation Year, the Maximum Permissible Amount for the Limitation Year will be determined on the basis of the
Participant’s actual Compensation for the Limitation Year. 

  

	 	(i)	If pursuant to (h) above or as a result of the allocation of forfeitures or as a result of a reasonable error in determining the amount of elective deferrals (within the
meaning of Code Section 402(g)(3)) that may be made with respect to any individual under the limits of Code Section 415, a Participant’s Annual Additions under this Plan and such other plans would result in an Excess Amount for a
Limitation Year, the Excess Amount will be deemed to consist of the Annual Additions last allocated, except that Annual Additions attributable to a simplified employee pension will be deemed to have been allocated first, followed by Annual Additions
to a welfare benefit fund or individual medical account, regardless of the actual allocation date. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	27	  	ARTICLE III (4-44654)

  

	 	(j)	If an Excess Amount was allocated to a Participant on an allocation date of this Plan which coincides with an allocation date of another plan, the Excess Amount attributed to this
Plan will be the product of: 

  

	 	(1)	the total Excess Amount allocated as of such date, times 

  

	 	(2)	the ratio of (i) the Annual Addition allocated to the Participant for the Limitation Year as of such date under this Plan to (ii) the total Annual Additions allocated to the
Participant for the Limitation Year as of such date under this and all other qualified defined contribution plans. 

  

	 	(k)	Any Excess Amount attributed to this Plan will be disposed of in the manner described in (e) above. 

  

	 	(l)	If the Employer maintains, or at any time maintained, a qualified defined benefit plan covering any Participant in this Plan, the sum of the Participant’s Defined Benefit Plan
Fraction and Defined Contribution Plan Fraction will not exceed 1.0 in any Limitation Year. The Projected Annual Benefit shall be limited first. If the Participant’s annual benefit(s) equal his Projected Annual Benefit, as limited, then Annual
Additions to the defined contribution plan(s) shall be limited to the extent needed to reduce the sum to 1.0 in the same manner in which the Annual Additions are limited to meet the Maximum Permissible Amount. This subparagraph shall cease to apply
effective as of the first Limitation Year beginning on or after January 1, 2000. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	28	  	ARTICLE III (4-44654)

 ARTICLE IV 
 INVESTMENT OF CONTRIBUTIONS 
 SECTION 4.01—INVESTMENT AND TIMING OF CONTRIBUTIONS. 
 The handling of Contributions is governed by the provisions of the Trust Agreement, the Annuity Contract, and any other funding arrangement in which the
Plan Fund is or may be held or invested. To the extent permitted by the Trust Agreement, Annuity Contract, or other funding arrangement, the parties named below shall direct the Contributions to any Insurance Policy, the guaranteed benefit policy
portion of the Annuity Contract, any of the investment options available under the Annuity Contract, or any of the investment vehicles available under the Trust Agreement and may request the transfer of amounts resulting from those Contributions
between such investment options and investment vehicles or the transfer of amounts between the guaranteed benefit policy portion of the Annuity Contract and such investment options and investment vehicles. A Participant may not direct the Trustee or
Insurer to invest the Participant’s Account in collectibles. Collectibles mean any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Secretary of the Treasury.
However, for tax years beginning after December 31, 1997, certain coins and bullion as provided in Code Section 408(m)(3) shall not be considered collectibles. To the extent that a Participant who has investment direction fails to give
timely direction, the Primary Employer shall direct the investment of his Account. If the Primary Employer has investment direction, such Account shall be invested ratably in the guaranteed benefit policy portion of the Annuity Contract, the
investment options available under the Annuity Contract, or the investment vehicles available under the Trust Agreement in the same manner as the Accounts of all other Participants who do not direct their investments. The Primary Employer shall have
investment direction for amounts which have not been allocated to Participants. To the extent an investment is no longer available, the Primary Employer may require that amounts currently held in such investment be reinvested in other investments.

 At least annually, the Named Fiduciary shall review all pertinent Employee information and Plan data in order to establish the funding
policy of the Plan and to determine appropriate methods of carrying out the Plan’s objectives. The Named Fiduciary shall inform the Trustee and any investment Manager of the Plan’s short term and long-term financial needs so the investment
policy can be coordinated with the Plan’s financial requirements. 
  

	 	(a)	Employer Contributions: The Participant shall direct the investment of Employer Contributions and transfer of amounts resulting from those Contributions. 

 

	 	(b)	Rollover Contributions: The Participant shall direct the investment of Rollover Contributions and transfer of amounts resulting from those Contributions. 

However, the Named Fiduciary may delegate to the Investment Manager investment discretion for Contributions and amounts which are not subject to
Participant direction. 
 All Contributions are forwarded by the Employer to the Trustee to be deposited in the Trust Fund or to the Insurer
to be deposited under the Annuity Contract, as applicable. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	29	  	ARTICLE IV (4-44654)

 ARTICLE V 
 BENEFITS 
 SECTION 5.01—RETIREMENT BENEFITS. 
 On a Participant’s Retirement Date, his Vested Account shall be distributed to him according to the distribution of benefits provisions of Article VI
and the provisions of the SMALL AMOUNTS SECTION of Article X. 
 SECTION 5.02—DEATH BENEFITS. 
 If a Participant dies before his Annuity Starting Date, his Vested Account shall be distributed according to the distribution of benefits provisions of
Article VI and the provisions of the SMALL AMOUNTS SECTION of Article X. 
 SECTION 5.03—VESTED BENEFITS. 
 If an Inactive Participant’s Vested Account is not payable under the SMALL AMOUNTS SECTION of Article X, he may elect, but is not required, to
receive a distribution of his Vested Account after he ceases to be an Employee. The Participant’s election shall be subject to his spouse’s consent as provided in the ELECTION PROCEDURES SECTION of Article VI. A distribution under this
paragraph shall be a retirement benefit and shall be distributed to the Participant according to the distribution of benefits provisions of Article VI. 
 A Participant may not elect to receive a distribution under the provisions of this section after he again becomes an Employee until he subsequently ceases to be an Employee and meets the requirements of this section.

 If an Inactive Participant does not receive an earlier distribution, upon his Retirement Date or death, his Vested Account shall be
distributed according to the provisions of the RETIREMENT BENEFITS SECTION or the DEATH BENEFITS SECTION of Article V. 
 The Nonvested
Account of an Inactive Participant who has ceased to be an Employee shall remain a part of his Account until it becomes a Forfeiture. However, if he again becomes an Employee so that his Vesting Percentage can increase, the Nonvested Account may
become a part of his Vested Account. 
 SECTION 5.04—WHEN BENEFITS START. 
 Unless otherwise elected, benefits shall begin before the 60th day following the close of the Plan Year in which the latest date below occurs: 

 

	 	(a)	The date the Participant attains age 65 (or Normal Retirement Age, if earlier). 

  

	 	(b)	The 10th anniversary of the Participant’s Entry Date. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	30	  	ARTICLE V (4-44654)

  

	 	(c)	The date the Participant ceases to be an Employee. 

 Notwithstanding the foregoing, the failure of a Participant and spouse to consent to a distribution while a benefit is immediately distributable, within the meaning of the ELECTION PROCEDURES SECTION of Article VI, shall be deemed to be an
election to defer the start of benefits sufficient to satisfy this section. 
 The Participant may elect to have his benefits begin after the
latest date for beginning benefits described above, subject to the following provisions of this section. The Participant shall make the election in writing. Such election must be made before his Normal Retirement Date or the date he ceases to be an
Employee, if later. The election must describe the form of distribution and the date the benefits win begin. The Participant shall not elect a date for beginning benefits or a form of distribution that would result in a benefit payable when he dies
which would be more than incidental within the meaning of governmental regulations. 
 Benefits shall begin on an earlier date if otherwise
provided in the Plan. For example, the Participant’s Retirement Date or Required Beginning Date, as defined in the DEFINITIONS SECTION of Article VII. 
 SECTION 5.05—WITHDRAWAL BENEFITS. 
 A Participant may withdraw any part of his Vested Account resulting from Rollover
Contributions. A Participant may make only two such withdrawals in any 12-month period. 
 A Participant who has attained
age 59  1/2 may withdraw any part of his Vested Account which
results from the following Contributions: 
 Employer Contributions 
 Rollover Contributions 
 A Participant may make only two such
withdrawals in any 12-month period. 
 A Participant may withdraw any part of his Vested Account which results from the following
Contributions 
 Employer Contributions 
 Rollover Contributions 
 in the event of hardship due to financial need. Financial need shall be limited to: (i) expenses which are not reimbursed
or compensated by insurance or otherwise and are incurred or necessary for medical care of the Participant, the Participant’s spouse, or any dependents of the Participant (as defined in Code Section 152); (ii) purchase (excluding
mortgage payments) of a principal residence for the Participant; (iii) payment of tuition, related educational fees, and room and board expenses, for the next 12 months of post-secondary education for the Participant, his spouse, children, or
dependents; (iv) the need to prevent the eviction of the Participant from his principal residence or foreclosure on the mortgage of the Participant’s principal residence: (v) catastrophic uninsured loss to principal residence or
primary vehicle of the Participant; (vi) funeral expenses for a brother or sister (whether by whole or half-blood), spouse, ancestor or lineal descendent; (vii) special property tax assessments due within 30 days; or (viii) disability
to the extent he is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or be of long-continued and indefinite duration. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	31	  	ARTICLE V (4-44654)

 No withdrawal shall be allowed which is in excess of the amount required to relieve the financial need
(including amounts necessary to pay any Federal, state, or local income taxes or penalties reasonably anticipated to result from the distribution). The Participant’s request for a withdrawal shall include his written statement that the amount
requested does not exceed the amount needed to meet the financial need. 
 A request for withdrawal shall be made in such manner and in
accordance with such rules as the Employer will prescribe for this purpose (including by means of voice response or other electronic means under circumstances the Employer permits). Withdrawals shall be a retirement benefit and shall be distributed
to the Participant according to the distribution of benefits provisions of Article VI. A forfeiture shall not occur solely as a result of a withdrawal. 
 SECTION 5.06—DISTRIBUTIONS UNDER QUALIFIED DOMESTIC RELATIONS ORDERS. 
 The Plan specifically permits distributions to
an Alternate Payee under a qualified domestic relations order as defined in Code Section 414(p), at any time, irrespective of whether the Participant has attained his earliest retirement age, as defined in Code Section 414(p), under the
Plan. A distribution to an Alternate Payee before the Participant has attained his earliest retirement age is available only if the order specifies that distribution shall be made prior to the earliest retirement age or allows the Alternate Payee to
elect a distribution prior to the earliest retirement age. 
 Nothing in this section shall permit a Participant to receive a distribution at
a time otherwise not permitted under the Plan nor shall it permit the Alternate Payee to receive a form of payment not permitted under the Plan. 
 The benefit payable to an Alternate Payee shall be subject to the provisions of the SMALL AMOUNTS SECTION of Article X if the value of the benefit does not exceed $5,000 ($3,500 for Plan Years beginning before August 6, 1997).

 The Plan Administrator shall establish reasonable procedures to determine the qualified status of a domestic relations order. Upon
receiving a domestic relations order. the Plan Administrator shall promptly notify the Participant and the Alternate Payee named in the order, in writing, of the receipt of the order and the Plan’s procedures for determining the qualified
status of the order. Within a reasonable period of time after receiving the domestic relations order, the Plan Administrator shall determine the qualified status of the order and shall notify the Participant and each Alternate Payee, in writing, of
its determination. The Plan Administrator shall provide notice under this paragraph by mailing to the individual’s address specified in the domestic relations order, or in a manner consistent with Department of Labor regulations. The Plan
Administrator may treat as qualified any domestic relations order entered into before January 1, 1985, irrespective of whether it satisfies all the requirements described in Code Section 414(p). 
 If any portion of the Participant’s Vested Account is payable during the period the Plan Administrator is making its determination of the qualified
status of the domestic relations order, a separate accounting shall be made of the amount payable. If the Plan Administrator determines the order is a qualified domestic relations order within 18 months of the date amounts are first payable
following receipt of the order, the payable amounts shall be distributed in accordance with the order. If the Plan Administrator does not make its determination of the qualified status of the order within the 18-month determination period, the
payable amounts shall be distributed in the manner the Plan would distribute if the order did not exist and the order shall apply prospectively if the Plan Administrator later determines the order is a qualified domestic relations order. 

 

					
	 RESTATEMENT JANUARY 1, 1997
	  	32	  	ARTICLE V (4-44654)

 The Plan shall make payments or distributions required under this section by separate benefit checks or
other separate distribution to the Alternate Payee(s). 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	33	  	ARTICLE V (4-44654)

 ARTICLE VI 
 DISTRIBUTION OF BENEFITS 
 The provisions of this article shall apply to any Participant who is
credited with at least one Hour-of-Service on or after August 23, 1984, and to such other Participants as provided in the TRANSITIONAL RULES SECTION of this article. 
 SECTION 6.01—AUTOMATIC FORMS OF DISTRIBUTION. 
 Unless an optional form of benefit is selected
pursuant to a qualified election within the election period (see the ELECTION PROCEDURES SECTION of this article), the automatic form of benefit payable to or on behalf of a Participant is determined as follows: 
  

	 	(a)	Retirement Benefits. The automatic form of retirement benefit for a Participant who does not die before his Annuity Starting Date shall be: 

  

	 	(1)	The Qualified Joint and Survivor Annuity for a Participant who has a spouse. 

  

	 	(2)	The Normal Form for a Participant who does not have a spouse. 

  

	 	(b)	Death Benefits. The automatic form of death benefit for a Participant who dies before his Annuity Starting Date shall be: 

  

	 	(1)	 A Qualified Preretirement Survivor Annuity for a Participant who has a spouse to whom he has been continuously married throughout the one-year period ending on the
date of his death. The spouse may elect to start receiving the death benefit on any first day of the month on or after the Participant dies and by the date the Participant would have been age 70 1/2. If the spouse dies before benefits start, the Participant’s Vested
Account, determined as of the date of the spouse’s death, shall be paid to the spouse’s Beneficiary. 

  

	 	(2)	A single-sum payment to the Participant’s Beneficiary for a Participant who does not have a spouse who is entitled to a Qualified Preretirement Survivor Annuity.

 Before a death benefit will be paid on account of the death of a Participant who does not have a spouse who is entitled to a
Qualified Preretirement Survivor Annuity, it must be established to the satisfaction of a plan representative that the Participant does not have such a spouse. 
 SECTION 6.02—OPTIONAL FORMS OF DISTRIBUTION. 
  

	 	(a)	 Retirement Benefits. The optional forms of retirement benefit shall be the following: (i) a straight life annuity: (ii) single life annuities with
certain periods of 5, 10 or 15 years; (iii) a single life annuity with installment refund; (iv) survivorship life annuities with installment refund and survivorship percentages of 50%, 66 2/3% or 100%; (v) fixed period annuities for any period of whole months which
is not less than 60 and does not exceed the Life Expectancy, as defined in Article VII, of the Participant where the Life Expectancy is not recalculated; and (vi) a full flexibility option. A single sum payment is also available.

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	34	  	ARTICLE VI (4-44654)

 The full flexibility option is an optional form of benefit under which the Participant receives a
distribution each calendar year, beginning with the calendar year in which his Annuity Starting Date occurs. The Participant may elect the amount to be distributed each year (not less than $1,000). The amount payable in his first Distribution
Calendar Year, as defined in Article VII, must satisfy the minimum distribution requirements of Article VII for such year. Distributions for later Distribution Calendar Years, as defined in Article VII, must satisfy the minimum distribution
requirements of Article VII for such years. If the Participant’s Annuity Starting Date does not occur until his second Distribution Calendar Year, as defined in Article VII, the amount payable for such year must satisfy the minimum distribution
requirements of Article VII for both the first and second Distribution Calendar Years, as defined in Article VII. 
 If the Plan is amended to
eliminate or restrict an optional form of distribution and the Plan provides a single sum distribution form that is otherwise identical to the optional form of distribution eliminated or restricted, the amendment shall not apply to any distribution
with an Annuity Starting Date earlier than the first day of the second Plan Year following the Plan Year in which the amendment is adopted. 
 Election of an optional form is subject to the qualified election provisions of the ELECTION PROCEDURES SECTION of this article and the distribution requirements of Article VII. 
 Any annuity contract distributed shall be nontransferable. The terms of any annuity contract purchased and distributed by the Plan to a Participant or
spouse shall comply with the requirements of this Plan. 
  

	 	(b)	Death Benefits. The optional forms of death benefit are a single-sum payment and any annuity that is an optional form of retirement benefit. However, the full flexibility
option shall not be available if the Beneficiary is not the spouse of the deceased Participant. 

 Election of an optional form
is subject to the qualified election provisions of the ELECTION PROCEDURES SECTION of this article and the distribution requirements of Article VII. 
 SECTION 6.03—ELECTION PROCEDURES. 
 The Participant, Beneficiary, or spouse shall make any election under this section
in writing. The Plan Administrator may require such individual to complete and sign any necessary documents as to the provisions to be made. Any election permitted under (a) and (b) below shall be subject to the qualified election provisions of
(c) below. 
  

	 	(a)	Retirement Benefits. A Participant may elect his Beneficiary or Contingent Annuitant and may elect to have retirement benefits distributed under any of the optional forms of
retirement benefit available in the OPTIONAL FORMS OF DISTRIBUTION SECTION of this article. 

  

	 	(b)	Death Benefits. A Participant may elect his Beneficiary and may elect to have death benefits distributed under any of the optional forms of death benefit available in the
OPTIONAL FORMS OF DISTRIBUTION SECTION of this article. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	35	  	ARTICLE VI (4-44654)

 If the Participant has not elected an optional form of distribution for the death benefit payable to his
Beneficiary, the Beneficiary may, for his own benefit, elect the form of distribution, in like manner as a Participant. 
 The Participant may
waive the Qualified Preretirement Survivor Annuity by naming someone other than his spouse as Beneficiary. 
 In lieu of the Qualified
Preretirement Survivor Annuity described in the AUTOMATIC FORMS OF DISTRIBUTION SECTION of this article, the spouse may, for his own benefit, waive the Qualified Preretirement Survivor Annuity by electing to have the benefit distributed under any of
the optional forms of death benefit available in the OPTIONAL FORMS OF DISTRIBUTION SECTION of this article. 
  

	 	(c)	Qualified Election. The Participant, Beneficiary or spouse may make an election at any time during the election period. The Participant, Beneficiary, or spouse may revoke the
election made (or make a new election) at any time and any number of times during the election period. An election is effective only if it meets the consent requirements below. 

  

	 	(1)	Election Period for Retirement Benefits. The election period as to retirement benefits is the 90-day period ending on the Annuity Starting Date. An election to waive the
Qualified Joint and Survivor Annuity may not be made before the date the Participant is provided with the notice of the ability to waive the Qualified Joint and Survivor Annuity. If the Participant elects a full flexibility option, he may revoke his
election at any time before his first Distribution Calendar Year, as defined in Article VII. When he elects to have benefits begin again, he shall have a new Annuity Starting Date. His election period for this election is the 90-day period ending on
the Annuity Starting Date for the optional form of retirement benefit elected. 

  

	 	(2)	Election Period for Death Benefits. A Participant may make an election as to death benefits at any time before he dies. The spouse’s election period begins on the date
the Participant dies and ends on the date benefits begin. The Beneficiary’s election period begins on the date the Participant dies and ends on the date benefits begin. 

 An election to waive the Qualified Preretirement Survivor Annuity may not be made by the Participant before the date he is provided with the notice of
the ability to waive the Qualified Preretirement Survivor Annuity. A Participant’s election to waive the Qualified Preretirement Survivor Annuity which is made before the first day of the Plan Year in which he reaches age 35 shall become
invalid on such date. An election made by a Participant after he ceases to be an Employee will not become invalid on the first day of the Plan Year in which he reaches age 35 with respect to death benefits from that part of his Account resulting
from Contributions made before he ceased to be an Employee. 
  

	 	(3)	Consent to Election. If the Participant’s Vested Account exceeds $5,000 ($3,500 for Plan Years beginning before August 6, 1997), any benefit which is (i)
immediately distributable or (ii) payable in a form other than a Qualified Joint and Survivor Annuity or a Qualified Preretirement Survivor Annuity, requires the consent of the Participant and the Participant’s spouse (or where either the
Participant or the spouse has died, the survivor). Such consent shall also be required if the Participant’s Vested Account at the time of any prior 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	36	  	ARTICLE VI (4-44654)

	 	distribution exceeded $5,000 ($3,500 for Plan Years beginning before August 6, 1997). The rule in the preceding sentence shall not apply effective October 17, 2000.
However, consent will still be required if the Participant had previously had an Annuity Starting Date with respect to any portion of such Vested Account. 

 The consent of the Participant or spouse to a benefit which is immediately distributable must not be made before the date the Participant or spouse is provided with the notice of the ability to defer the distribution.
Such consent shall be made in writing. 
 The consent shall not be made more than 90 days before the Annuity Starting Date. Spousal consent
is not required for a benefit which is immediately distributable in a Qualified Joint and Survivor Annuity. Furthermore, if spousal consent is not required because the Participant is electing an optional form of retirement benefit that is not a life
annuity pursuant to (d) below, only the Participant need consent to the distribution of a benefit payable in a form that is not a life annuity and which is immediately distributable. Neither the consent of the Participant nor the Participant’s
spouse shall be required to the extent that a distribution is required to satisfy Code Section 401(a)(9) or Code Section 415. 
 In
addition, upon termination of this Plan, if the Plan does not offer an annuity option (purchased from a commercial provider), and if the Employer (or any entity within the same Controlled Group) does not maintain another defined contribution plan
(other than an employee stock ownership plan as defined in Code Section 4975(e)(7)), the Participant’s Account balance will, without the Participant’s consent, be distributed to the Participant. However, if any entity within the same
Controlled Group maintains another defined contribution plan (other than an employee stock ownership plan as defined in Code Section 4975(e)(7)) then the Participant’s Account will be transferred, without the Participant’s consent, to
the other plan if the Participant does not consent to an immediate distribution. 
 A benefit is immediately distributable if any part of the
benefit could be distributed to the Participant (or surviving spouse) before the Participant attains (or would have attained if not deceased) the older of Normal Retirement Age or age 62. 
 If the Qualified Joint and Survivor Annuity is waived, the spouse has the right to limit consent only to a specific Beneficiary or a specific form of
benefit. The spouse can relinquish one or both such rights. Such consent shall be made in writing. The consent shall not be made more than 90 days before the Annuity Starting Date. If the Qualified Preretirement Survivor Annuity is waived, the
spouse has the right to limit consent only to a specific Beneficiary. Such consent shall be in writing. The spouse’s consent shall be witnessed by a plan representative or notary public. The spouse’s consent must acknowledge the effect of
the election, including that the spouse had the right to limit consent only to a specific Beneficiary or a specific form of benefit, if applicable, and that the relinquishment of one or both such rights was voluntary. Unless the consent of the
spouse expressly permits designations by the Participant without a requirement of further consent by the spouse, the spouse’s consent must be limited to the form of benefit, if applicable, and the Beneficiary (including any Contingent
Annuitant), class of Beneficiaries, or contingent Beneficiary named in the election. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	37	  	ARTICLE VI (4-44654)

 Spousal consent is not required, however, if the Participant establishes to the satisfaction of the plan
representative that the consent of the spouse cannot be obtained because there is no spouse or the spouse cannot be located. A spouse’s consent under this paragraph shall not be valid with respect to any other spouse. A Participant may revoke a
prior election without the consent of the spouse. Any new election will require a new spousal consent, unless the consent of the spouse expressly permits such election by the Participant without further consent by the spouse. A spouse’s consent
may be revoked at any time within the Participant’s election period. 
  

	 	(d)	Special Rule for Profit Sharing Plans. This subparagraph (d) applies if the Plan is not a direct or indirect transferee after December 31, 1984, of a defined benefit
plan, money purchase plan, target benefit plan, stock bonus plan, or profit sharing plan which is subject to the survivor annuity requirements of Code Sections 401(a)(11) and 417. If the above condition is met, spousal consent is not required for
electing an optional form of retirement benefit that is not a life annuity. If such condition is not met, such consent requirements shall be operative. 

 SECTION 6.04—NOTICE REQUIREMENTS. 
  

	 	(a)	Optional Forms of Retirement Benefit and Right to Defer. The Plan Administrator shall furnish to the Participant and the Participant’s spouse a written explanation of
the optional forms of retirement benefit in the OPTIONAL FORMS OF DISTRIBUTION SECTION of this article, including the material features and relative values of these options, in a manner that would satisfy the notice requirements of Code
Section 417(a)(3) and the right of the Participant and the Participant’s spouse to defer distribution until the benefit is no longer immediately distributable. 

 The Plan Administrator shall furnish the written explanation by a method reasonably calculated to reach the attention of the Participant and the
Participant’s spouse no less than 30 days, and no more than 90 days, before the Annuity Starting Date. 
 The Participant (and spouse, if
applicable) may waive the 30-day election period if the distribution of the elected form of retirement benefit begins more than 7 days after the Plan Administrator provides the Participant (and spouse, if applicable) the written explanation provided
that: (i) the Participant has been provided with information that clearly indicates that the Participant has at least 30 days to consider the decision of whether or not to elect a distribution and a particular distribution option, (ii) the
Participant is permitted to revoke any affirmative distribution election at least until the Annuity Starting Date or, if later, at any time prior to the expiration of the 7-day period that begins the day after the explanation is provided to the
Participant, and (iii) the Annuity Starting Date is a date after the date that the written explanation was provided to the Participant. 
  

	 	(b)	Qualified Joint and Survivor Annuity. The Plan Administrator shall furnish to the Participant a written explanation of the following: the terms and conditions of the
Qualified Joint and Survivor Annuity; the Participant’s right to make, and the effect of, an election to waive the Qualified Joint and Survivor Annuity; the rights of the Participant’s spouse; and the right to revoke an election and the
effect of such a revocation. 

 The Plan Administrator shall furnish the written explanation by a method reasonably calculated
to reach the attention of the Participant no less than 30 days, and no more than 90 days, before the Annuity Starting Date. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	38	  	ARTICLE VI (4-44654)

 The Participant (and spouse, if applicable) may waive the 30-day election period if the distribution of
the elected form of retirement benefit begins more than 7 days after the Plan Administrator provides the Participant (and spouse, if applicable) the written explanation provided that: (i) the Participant has been provided with information that
clearly indicates that the Participant has at least 30 days to consider whether to waive the Qualified Joint and Survivor Annuity and elect (with spousal consent, if applicable) a form of distribution other than a Qualified Joint and Survivor
Annuity, (ii) the Participant is permitted to revoke any affirmative distribution election at least until the Annuity Starting Date or, if later, at any time prior to the expiration of the 7-day period that begins the day after the explanation
of the Qualified Joint and Survivor Annuity is provided to the Participant, and (iii) the Annuity Starting Date is a date after the data that the written explanation was provided to the Participant. 
 After the written explanation is given, a Participant or spouse may make a written request for additional information. The written explanation must be
personally delivered or mailed (first class mail, postage prepaid) to the Participant or spouse within 30 days from the date of the written request. The Plan Administrator does not need to comply with more than one such request by a Participant or
spouse. 
 The Plan Administrator’s explanation shall be written in nontechnical language and will explain the terms and conditions of
the Qualified Joint and Survivor Annuity and the financial effect upon the Participant’s benefit (in terms of dollars per benefit payment) of electing not to have benefits distributed in accordance with the Qualified Joint and Survivor Annuity.

  

	 	(c)	Qualified Preretirement Survivor Annuity. The Plan Administrator shall furnish to the Participant a written explanation of the following: the terms and conditions of the
Qualified Preretirement Survivor Annuity; the Participant’s right to make, and the effect of, an election to waive the Qualified Preretirement Survivor Annuity; the rights of the Participant’s spouse; and the right to revoke an election
and the effect of such a revocation. 

 The Plan Administrator shall furnish the written explanation by a method reasonably
calculated to reach the attention of the Participant within the applicable period. The applicable period for a Participant is whichever of the following periods ends last: 
  

	 	(1)	the period beginning one year before the date the individual becomes a Participant and ending one year after such date; or 

  

	 	(2)	the period beginning one year before the date the Participant’s spouse is first entitled to a Qualified Preretirement Survivor Annuity and ending one year after such date.

 If such notice is given before the period beginning with the first day of the Plan Year in which the Participant attains age
32 and ending with the close of the Plan Year preceding the Plan Year in which the Participant attains age 35, an additional notice shall be given within such period. If a Participant ceases to be an Employee before attaining age 35, an additional
notice shall be given within the period beginning one year before the date he ceases to be an Employee and ending one year after such date. 
 After the written explanation is given, a Participant or spouse may make a written request for additional information. The written explanation must be personally delivered or mailed (first class 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	39	  	ARTICLE VI (4-44654)

 mail, postage prepaid) to the Participant or spouse within 30 days from the date of the written request.
The Plan Administrator does not need to comply with more than one such request by a Participant or spouse. 
 The Plan Administrator’s
explanation shall be written in nontechnical language and will explain the terms and conditions of the Qualified Preretirement Survivor Annuity and the financial effect upon the spouse’s benefit (in terms of dollars per benefit payment) of
electing not to have benefits distributed in accordance with the Qualified Preretirement Survivor Annuity. 
 SECTION 6.05—TRANSITIONAL RULES. 

  

	 	(a)	Any living Participant not receiving benefits on August 23, 1984, who would otherwise not receive the benefits prescribed by the previous sections of this article, must be
given the opportunity to elect to have the prior sections of this article apply if such Participant is credited with at least one Hour-of-Service under this Plan, or a predecessor plan, in a Plan Year beginning on or after January 1, 1976, and
such Participant had at least ten Years of Service when he separated from service. 

  

	 	(b)	Any living Participant not receiving benefits on August 23, 1984, who was credited with at least one Hour-of-Service under this Plan, or a predecessor plan, on or after
September 2, 1974, and who is not otherwise credited with any service in a Plan Year beginning on or after January 1, 1976, must be given the opportunity to elect to have his benefits paid in accordance with (d) below.

  

	 	(c)	The respective opportunities to elect (as described in (a) and (b) above) must be afforded to the appropriate Participants during the period beginning on August 23,
1984, and ending on the date benefits would otherwise begin to such Participants. 

  

	 	(d)	Any Participant who has elected according to (b) above and any Participant who does not elect under (a) above or who meets the requirements of (a) above except that
such Participant does not have at least ten Years of Service when he separates from service, shall have his benefits distributed in accordance with all of the following requirements if benefits would have been payable in the form of a life annuity:

  

	 	(1)	Automatic Joint and Survivor Annuity. If benefits in the form of a life annuity become payable to a married Participant who: 

  

	 	(i)	begins to receive payments under the Plan on or after his Normal Retirement Age; or 

  

	 	(ii)	dies on or after his Normal Retirement Age while still working for the Employer; or 

  

	 	(iii)	begins to receive payments on or after his qualified early retirement age; or 

  

	 	(iv)	separates from service on or after attaining his Normal Retirement Age (or his qualified early retirement age) and after satisfying the eligibility requirements for the payment of
benefits under the Plan and thereafter dies before beginning to receive such benefits; 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	40	  	ARTICLE VI (4-44654)

 then such benefits shall be paid under the Qualified Joint and Survivor Annuity, unless the Participant
has elected otherwise during the election period. The election period must begin at least six months before the Participant attains his qualified early retirement age and end not more than 90 days before benefits begin. Any election hereunder shall
be in writing and may be changed by the Participant at any time. 
  

	 	(2)	Election of Early Survivor Annuity. A Participant who is employed after attaining his qualified early retirement age shall be given the opportunity to elect, during the
election period, to have a Qualified Preretirement Survivor Annuity payable on death. If the Participant elects the Qualified Preretirement Survivor Annuity, payments under such annuity must not be less than the payments which would have been made
to the spouse under the Qualified Joint and Survivor Annuity if the Participant had retired on the day before his death. 

 Any
election under this provision shall be in writing and may be changed by the Participant at any time. The election period begins on the later of (i) the 90th day before the Participant attains his qualified early retirement age, or (ii) the
date on which participation begins, and ends on the date he terminates employment. 
  

	 	(3)	For purposes of this subparagraph (d), qualified early retirement age is the latest of: 

  

	 	(i)	the earliest date, under the Plan, on which the Participant may elect to receive retirement benefits, 

  

	 	(ii)	the first day of the 120th month beginning before the Participant reaches his Normal Retirement Age, or 

  

	 	(iii)	the date the Participant begins participation. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	41	  	ARTICLE VI (4-44654)

 ARTICLE VII 
 DISTRIBUTION REQUIREMENTS 
 SECTION 7.01—APPLICATION. 
 The optional forms of distribution are only those provided in Article VI. An optional form of distribution shall not be permitted unless it meets the
requirements of this article. The timing of any distribution must meet the requirements of this article. 
 SECTION 7.02—DEFINITIONS. 

For purposes of this article, the following terms are defined: 
 Applicable Life Expectancy means Life Expectancy (or Joint and Last Survivor Expectancy) calculated using the attained age of the Participant (or Designated Beneficiary) as of the Participant’s (or
Designated Beneficiary’s) birthday in the applicable calendar year reduced by one for each calendar year which has elapsed since the date Life Expectancy was first calculated. If Life Expectancy is being recalculated, the Applicable Life
Expectancy shall be the Life Expectancy so recalculated. The applicable calendar year shall be the first Distribution Calendar Year, and if Life Expectancy is being recalculated, such succeeding calendar year. 
 Designated Beneficiary means the individual who is designated as the beneficiary under the Plan in accordance with Code Section 401(a)(9) and
the regulations thereunder. 
 Distribution Calendar Year means a calendar year for which a minimum distribution is required. For
distributions beginning before the Participant’s death, the first Distribution Calendar Year is the calendar year immediately preceding the calendar year which contains the Participant’s Required Beginning Date. For distributions beginning
after the Participant’s death, the first Distribution Calendar Year is the calendar year in which distributions are required to begin pursuant to (e) of the DISTRIBUTION REQUIREMENTS SECTION of this article. 
 5-percent Owner means a 5-percent owner as defined in Code Section 416. A Participant is treated as a 5-percent Owner for
purposes of this article if such Participant is a 5-percent Owner at any time during the Plan Year ending with or within the calendar year in which such owner attains age 70 1/2. 
 In addition, a Participant is treated as a 5-percent Owner for purposes of this article if such Participant becomes a 5-percent Owner in a later Plan
Year. Such Participant’s Required Beginning Date shall not be later than the April 1 of the calendar year following the calendar year in which such later Plan Year ends. 
 Once distributions have begun to a 5-percent Owner under this article, they must continue to be distributed, even if the Participant ceases to be a
5-percent Owner in a subsequent year. 
 Joint and Last Survivor Expectancy means joint and last survivor expectancy computed using the
expected return multiples in Table VI of section 1.72-9 of the Income Tax Regulations. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	42	  	ARTICLE VII (4-44654)

 Unless otherwise elected by the Participant by the time distributions are required to begin, life
expectancies shall be recalculated annually. Such election shall be irrevocable as to the Participant and shall apply to all subsequent years. The life expectancy of a nonspouse Beneficiary may not be recalculated. 
 Life Expectancy means life expectancy computed using the expected return multiples in Table V of section 1.72-9 of the Income Tax Regulations.

 Unless otherwise elected by the Participant (or spouse, in the case of distributions described in (e)(2)(ii) of the DISTRIBUTION
REQUIREMENTS SECTION of this article) by the time distributions are required to begin, life expectancy shall be recalculated annually. Such election shall be irrevocable as to the Participant (or spouse) and shall apply to all subsequent years. The
life expectancy of a nonspouse Beneficiary may not be recalculated. 
 Participant’s Benefit means: 
  

	 	(a)	The Account balance as of the last Valuation Date in the calendar year immediately preceding the Distribution Calendar Year (valuation calendar year) increased by the amount of any
contributions or forfeitures allocated to the Account balance as of the dates in the valuation calendar year after the Valuation Date and decreased by distributions made in the valuation calendar year after the Valuation Date.

  

	 	(b)	Exception for Second Distribution Calendar Year. For purposes of (a) above, if any portion of the minimum distribution for the first Distribution Calendar Year is made
in the second Distribution Calendar Year on or before the Required Beginning Date, the amount of the minimum distribution made in the second Distribution Calendar Year shall be treated as if it had been made in the immediately preceding Distribution
Calendar Year. 

 Required Beginning Date means, for a Participant who is a 5-percent Owner,
the April 1 of the calendar year following the calendar year in which he attains age 70 1/2. 
 Required Beginning Date means, for any Participant who is not a 5-percent
Owner, the April 1 of the calendar year following the later of the calendar year in which he attains age 70 1/2 or the calendar year in which he retires. 
 The
preretirement age 70 1/2 distribution option is only eliminated
with respect to Participants who reach age 70 1/2 in or after a
calendar year that begins after the later of December 31, 1998, or the adoption date of the amendment which eliminated such option. The preretirement age 70 1/2 distribution is an optional form of benefit under which benefits payable in a
particular distribution form (including any modifications that may be elected after benefits begin) begin at a time during the period that begins on or after January 1 of the calendar year in which the Participant attains age 70 1/2 and ends April 1 of the immediately following calendar year.

 The options available for Participants who are not 5-percent Owners and attained age
70 1/2 in calendar years before the calendar year that begins
after the later of December 31, 1998, or the adoption date of the amendment which eliminated the preretirement age 70 1/2 distribution shall be the following. Any such Participant attaining age 70 1/2 in years after 1995 may elect by April 1 of the calendar year following the
calendar year in which he attained age 70 1/2 (or by
December 31, 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	43	  	ARTICLE VII (4-44654)

 1997 in the case of a Participant attaining age 70 1/2 in 1996) to defer distributions until the calendar year following the calendar
year in which he retires. Any such Participant attaining age 70 1/2 in years prior to 1997 may elect to stop distributions which are not purchased annuities and recommence by the April 1 of the calendar year following the year in which he retires. There shall be a new Annuity Starting Date upon
recommencement. 
 SECTION 7.03—DISTRIBUTION REQUIREMENTS. 
  

	 	(a)	General Rules. 

  

	 	(1)	Subject to the AUTOMATIC FORMS OF DISTRIBUTION SECTION of Article VI, joint and survivor annuity requirements, the requirements of this article shall apply to any distribution of a
Participant’s interest and shall take precedence over any inconsistent provisions of this Plan. Unless otherwise specified, the provisions of this article apply to calendar years beginning after December 31, 1984. 

 

	 	(2)	All distributions required under this article shall be determined and made in accordance with the proposed regulations under Code Section 401(a)(9), including the minimum
distribution incidental benefit requirement of section 1.401(a)(9)-2 of the proposed regulations. 

  

	 	(3)	With respect to distributions under the Plan made on or after June 14, 2001, for calendar years beginning on or after January 1, 2001, the Plan will apply the minimum
distribution requirements of Code Section 401(a)(9) in accordance with the regulations under Code Section 401(a)(9) that were proposed on January 17, 2001 (the 2001 Proposed Regulations), notwithstanding any provision of the Plan to
the contrary. If the total amount of required minimum distributions made to a Participant for 2001 prior to June 14, 2001, are equal to or greater than the amount of required minimum distributions determined under the 2001 Proposed Regulations,
then no additional distributions are required for such Participant for 2001 on or after such date. If the total amount of required minimum distributions made to a Participant for 2001 prior to June 14, 2001, are less than the amount determined
under the 2001 Proposed Regulations, then the amount of required minimum distributions for 2001 on or after such date will be determined so that the total amount of required minimum distributions for 2001 is the amount determined under the 2001
Proposed Regulations. These provisions shall continue in effect until the last calendar year beginning before the effective date of final regulations under Code Section 401(a)(9) or such other date as may be published by the Internal Revenue
Service. 

  

	 	(b)	Required Beginning Date. The entire interest of a Participant must be distributed or begin to be distributed no later than the Participant’s Required Beginning Date.

  

	 	(c)	Limits on Distribution Periods. As of the first Distribution Calendar Year, distributions, if not made in a single sum, may only be made over one of the following periods (or
combination thereof): 

  

	 	(1)	the life of the Participant, 

  

	 	(2)	the life of the Participant and a Designated Beneficiary. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	44	  	ARTICLE VII (4-44654)

  

	 	(3)	a period certain not extending beyond the Life Expectancy of the Participant, or 

  

	 	(4)	a period certain not extending beyond the Joint and Last Survivor Expectancy of the Participant and a Designated Beneficiary. 

  

	 	(d)	Determination of Amount to be Distributed Each Year. If the Participant’s interest is to be distributed in other than a single sum, the following minimum distribution
rules shall apply on or after the Required Beginning Date: 

  

	 	(1)	Individual Account. 

  

	 	(i)	If a Participant’s Benefit is to be distributed over 

  

	 	A.	a period not extending beyond the Life Expectancy of the Participant or the Joint Life and Last Survivor Expectancy of the Participant and the Participant’s Designated
Beneficiary, or 

  

	 	B.	a period not extending beyond the Life Expectancy of the Designated Beneficiary, 

 the amount required to be distributed for each calendar year beginning with the distributions for the first Distribution Calendar Year, must be at least equal to the quotient obtained by dividing the
Participant’s Benefit by the Applicable Life Expectancy. 
  

	 	(ii)	For calendar years beginning before January 1, 1989, if the Participant’s spouse is not the Designated Beneficiary, the method of distribution selected must assure that at
least 50 percent of the present value of the amount available for distribution is paid within the Life Expectancy of the Participant. 

  

	 	(iii)	For calendar years beginning after December 31, 1988, the amount to be distributed each year, beginning with distributions for the first Distribution Calendar Year shall not be
less than the quotient obtained by dividing the Participant’s Benefit by the lesser of: 

  

	 	A.	the Applicable Life Expectancy, or 

  

	 	B.	if the Participant’s spouse is not the Designated Beneficiary, the applicable divisor determined from the table set forth in Q&A-4 of section 1.401(a)(9)-2 of the proposed
regulations. 

 Distributions after the death of the Participant shall be distributed using the Applicable Life Expectancy in
(1)(i) above as the relevant divisor without regard to section 1.401(a)(9)-2 of the proposed regulations. 
  

	 	(iv)	The minimum distribution required for the Participant’s first Distribution Calendar Year must be made on or before the Participant’s Required Beginning Date. The minimum
distribution for other calendar years, including the minimum distribution for the Distribution Calendar Year in which the Participant’s Required Beginning Date occurs, must be made on or before December 31 of that Distribution Calendar
Year. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	45	  	ARTICLE VII (4-44654)

  

	 	(2)	Other Forms. If the Participant’s Benefit is distributed in the form of an annuity purchased from an insurance company, distributions thereunder shall be made in
accordance with the requirements of Code Section 401(a)(9) and the proposed regulations thereunder. 

  

	 	(e)	Death Distribution Provisions. 

  

	 	(1)	Distribution Beginning Before Death. If the Participant dies after distribution of his interest has begun, the remaining portion of such interest will continue to be
distributed at least as rapidly as under the method of distribution being used prior to the Participant’s death. 

  

	 	(2)	Distribution Beginning After Death. 

  

	 	(i)	If the Participant dies before distribution of his interest begins, distribution of the Participant’s entire interest shall be completed by December 31 of the calendar
year containing the fifth anniversary of the Participant’s death except to the extent that an election is made to receive distributions in accordance with A or B below: 

  

	 	A.	if any portion of the Participant’s interest is payable to a Designated Beneficiary, distributions may be made over the life or over a period certain not greater than the Life
Expectancy of the Designated Beneficiary beginning on or before December 31 of the calendar year immediately following the calendar year in which the Participant died; 

  

	 	B.	if the Designated Beneficiary is the Participant’s surviving spouse, the date distributions are required to begin in accordance with A above shall not be earlier than the later
of: 

  

	 	1.	December 31 of the calendar year immediately following the calendar year in which the Participant died, or 

  

	 	2.	 December 31 of the calendar year in which the Participant would have attained age 70 1/2. 

  

	 	(ii)	If the Participant has not made an election pursuant to this (e)(2) by the time of his death, the Participant’s Designated Beneficiary must elect the method of distribution no
later than the earlier of: 

  

	 	A.	December 31 of the calendar year in which distributions would be required to begin under this subparagraph, or 

  

	 	B.	December 31 of the calendar year which contains the fifth anniversary of the date of death of the Participant. 

  

	 	(iii)	If the Participant has no Designated Beneficiary, or if the Designated Beneficiary does not elect a method of distribution, distribution of the Participant’s entire interest
must be completed by December 31 of the calendar year containing the fifth anniversary of the Participant’s death. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	46	  	ARTICLE VII (4-44654)

  

	 	(3)	For purposes of (e)(2) above, if the surviving spouse dies after the Participant, but before payments to such spouse begin, the provisions of (e)(2) above, with the exception of
(e)(2)(i)(B) therein, shall be applied as if the surviving spouse were the Participant. 

  

	 	(4)	For purposes of this (e), distribution of a Participant’s interest is considered to begin on the Participant’s Required Beginning Date (or if (e)(3) above is applicable,
the date distribution is required to begin to the surviving spouse pursuant to (e)(2) above). If distribution in the form of an annuity irrevocably begins to the Participant before the Required Beginning Date, the date distribution is considered to
begin is the date distribution actually begins. 

 SECTION 7.04—TRANSITIONAL RULE. 
  

	 	(a)	Notwithstanding the other requirements of this article and subject to the joint and survivor annuity requirements of Article VI, distribution on behalf of any Participant, including
a 5-percent Owner, may be made in accordance with all of the following requirements (regardless of when such distribution begins): 

  

	 	(1)	The distribution by the Plan is one which would not have disqualified such Plan under Code Section 401(a)(9) as in effect prior to amendment by the Deficit Reduction Act of
1984. 

  

	 	(2)	The distribution is in accordance with a method of distribution designated by the Participant whose interest in the Plan is being distributed or, if the Participant is deceased, by
a Beneficiary of such Participant. 

  

	 	(3)	Such designation was in writing, was signed by the Participant or the Beneficiary, and was made before January 1, 1984. 

  

	 	(4)	The Participant had an accrued benefit under the Plan as of December 31, 1983. 

  

	 	(5)	The method of distribution designated by the Participant or Beneficiary specifies the time at which distribution will begin, the period over which distributions will be made, and in
the case of any distribution upon the Participant’s death, the Beneficiaries of the Participant listed in order of priority. 

  

	 	(b)	A distribution upon death will not be covered by this transitional rule unless the information in the designation contains the required information described above with respect to
the distributions to be made upon the death of the Participant. 

  

	 	(c)	For any distribution which begins before January 1, 1984, but continues after December 31, 1983, the Participant, or Beneficiary, to whom such distribution is being made,
will be presumed to have designated the method of distribution under which the distribution is being made if the method of distribution was specified in writing and the distribution satisfies the requirements in (a)(1) and (5) above.

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	47	  	ARTICLE VII (4-44654)

  

	 	(d)	If a designation is revoked, any subsequent distribution must satisfy the requirements of Code Section 401(a)(9) and the proposed regulations thereunder. If a designation is
revoked subsequent to the date distributions are required to begin, the Plan must distribute by the end of the calendar year following the calendar year in which the revocation occurs, the total amount not yet distributed which would have been
required to have been distributed to satisfy Code Section 401(a)(9) and the proposed regulations thereunder, but for the section 242(b)(2) election. For calendar years beginning after December 31, 1988, such distributions must meet the
minimum distribution incidental benefit requirements in section 1.401(a)(9)-2 of the proposed regulations. Any changes in the designation will be considered to be a revocation of the designation. However, the mere substitution or addition of another
Beneficiary (one not named in the designation) under the designation will not be considered a revocation of the designation, so long as such substitution or addition does not alter the period over which distributions are to be made under the
designation, directly or indirectly (for example, by altering the relevant measuring life). In the case in which an amount is transferred or rolled over from one plan to another plan, the rules in Q&A J-2 and J-3 in section 1.401(a)(9)-2 of the
proposed regulations shall apply. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	48	  	ARTICLE VII (4-44654)

 ARTICLE VIII 
 TERMINATION OF THE PLAN 
 The Employer expects to continue the Plan indefinitely but reserves the
right to terminate the Plan in whole or in part at any time upon giving written notice to all parties concerned. Complete discontinuance of Contributions constitutes complete termination of the Plan. 
 The Account of each Participant shall be fully (100%) vested and nonforfeitable as of the effective date of complete termination of the Plan. The
Account of each Participant who is included in the group of Participants deemed to be affected by the partial termination of the Plan shall be fully (100%) vested and nonforfeitable as of the effective date of the partial termination of the
Plan. The Participant’s Account shall continue to participate in the earnings credited, expenses charged, and any appreciation or depreciation of the Investment Fund until his Vested Account is distributed. 
 A Participant’s Account may be distributed to the Participant after the effective date of the complete termination of the Plan. A distribution under
this article shall be a retirement benefit and shall be distributed to the Participant according to the provisions of Article VI. 
 The
Participant’s entire Vested Account shall be paid in a single sum to the Participant as of the effective date of complete termination of the Plan it consent of the Participant is not required in the ELECTION PROCEDURES SECTION of Article VI to
distribute a benefit which is immediately distributable. This is a small amounts payment. The small amounts payment is in full settlement of all benefits otherwise payable. 
 Upon complete termination of the Plan, no more Employees shall become Participants and no more Contributions shall be made. 
 The assets of this Plan shall not be paid to the Employer at any time, except that, after the satisfaction of all liabilities under the Plan, any assets
remaining may be paid to the Employer. The payment may not be made if it would contravene any provision of law. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	49	  	ARTICLE VIII (4-44654)

 ARTICLE IX 
 ADMINISTRATION OF THE PLAN 
 SECTION 9.01—ADMlNISTRATION. 
 Subject to the provisions of this article, the Plan Administrator has complete control of the administration of the Plan. The Plan Administrator has all
the powers necessary for it to properly carry out its administrative duties. Not in limitation, but in amplification of the foregoing, the Plan Administrator has complete discretion to construe or interpret the provisions of the Plan, including
ambiguous provisions, if any, and to determine all questions that may arise under the Plan, including all questions relating to the eligibility of Employees to participate in the Plan and the amount of benefit to which any Participant, Beneficiary,
spouse or Contingent Annuitant may become entitled. The Plan Administrator’s decisions upon all matters within the scope of its authority shall be final. 
 Unless otherwise set out in the Plan or Annuity Contract, the Plan Administrator may delegate recordkeeping and other duties which are necessary for the administration of the Plan to any person or firm which agrees to
accept such duties. The Plan Administrator shall be entitled to rely upon all tables, valuations, certificates and reports furnished by the consultant or actuary appointed by the Plan Administrator and upon all opinions given by any counsel selected
or approved by the Plan Administrator. 
 The Plan Administrator shall receive all claims for benefits by Participants, former Participants,
Beneficiaries, spouses, and Contingent Annuitants. The Plan Administrator shall determine all facts necessary to establish the right of any Claimant to benefits and the amount of those benefits under the provisions of the Plan. The Plan
Administrator may establish rules and procedures to be followed by Claimants in filing claims for benefits, in furnishing and verifying proofs necessary to determine age, and in any other matters required to administer the Plan. 
 SECTION 9.02—EXPENSES. 
 Expenses of the Plan, to
the extent that the Employer does not pay such expenses, may be paid out of the assets of the Plan provided that such payment is consistent with ERISA. Such expenses include, but are not limited to, expenses for bonding required by ERISA; expenses
for recordkeeping and other administrative services; fees and expenses of the Trustee or Annuity Contract; expenses for investment education service; and direct costs that the Employer incurs with respect to the Plan. 
 SECTION 9.03—RECORDS. 
 All acts and
determinations of the Plan Administrator shall be duly recorded. All these records, together with other documents necessary for the administration of the Plan, shall be preserved in the Plan Administrator’s custody. 
 Writing (handwriting, typing, printing), photostating, photographing, microfilming, magnetic impulse, mechanical or electrical recording, or other forms
of data compilation shall be acceptable means of keeping records. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	50	  	ARTICLE IX (4-44654)

 SECTION 9.04—INFORMATION AVAILABLE. 
 Any Participant in the Plan or any Beneficiary may examine copies of the Plan description, latest annual report, any bargaining agreement, this Plan, the
Annuity Contract or any other instrument under which the Plan was established or is operated. The Plan Administrator shall maintain all of the items listed in this section in its office, or in such other place or places as it may designate in order
to comply with governmental regulations. These items may be examined during reasonable business hours. Upon the written request of a Participant or Beneficiary receiving benefits under the Plan, the Plan Administrator shall furnish him with a copy
of any of these items. The Plan Administrator may make a reasonable charge to the requesting person for the copy. 
 SECTION 9.05—CLAIM AND APPEAL
PROCEDURES. 
 A Claimant must submit any required forms and pertinent information when making a claim for benefits under the Plan.

 If a claim for benefits under the Plan is denied, the Plan Administrator shall provide adequate written notice to the Claimant whose claim
for benefits under the Plan has been denied. The notice must be furnished within 90 days of the date that the claim is received by the Plan Administrator. The Claimant shall be notified in writing within this initial 90-day period if special
circumstances require an extension of time needed to process the claim and the date by which the Plan Administrator’s decision is expected to be rendered. The written notice shall be furnished no later than 180 days after the date the claim was
received by the Plan Administrator. 
 The Plan Administrator’s notice to the Claimant shall specify the reason for the denial; specify
references to pertinent Plan provisions on which denial is based; describe any additional material and information needed for the Claimant to perfect his claim for benefits; explain why the material and information is needed; inform the Claimant
that any appeal he wishes to make must be in writing to the Plan Administrator within 60 days after receipt of the Plan Administrator’s notice of denial of benefits and that failure to make the written appeal within such 60-day period renders
the Plan Administrator’s determination of such denial final, binding and conclusive. 
 If the Claimant appeals to the Plan
Administrator, the Claimant (or his authorized representative) may submit in writing whatever issues and comments the Claimant (or his authorized representative) feels are pertinent. The Claimant (or his authorized representative) may review
pertinent Plan documents. The Plan Administrator shall reexamine all facts related to the appeal and make a final determination as to whether the denial of benefits is justified under the circumstances. The Plan Administrator shall advise the
Claimant of its decision within 60 days of his written request for review, unless special circumstances (such as a hearing) would make rendering a decision within the 60-day limit unfeasible. The Claimant must be notified within the 60-day limit if
an extension is necessary. The Plan Administrator shall render a decision on a claim for benefits no later than 120 days after the request for review is received. 
 SECTION 9.06—DELEGATION OF AUTHORITY. 
 All or any part of the administrative duties and responsibilities under this
article may be delegated by the Plan Administrator to a retirement committee. The duties and responsibilities of the retirement committee shall be set out in a separate written agreement. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	51	  	ARTICLE IX (4-44654)

 SECTION 9.07—EXERCISE OF DISCRETIONARY AUTHORITY. 
 The Employer, Plan Administrator, and any other person or entity who has authority with respect to the management, administration, or investment of the
Plan may exercise that authority in its/his full discretion, subject only to the duties imposed under ERISA. This discretionary authority includes, but is not limited to, the authority to make any and all factual determinations and interpret all
terms and provisions of the Plan documents relevant to the issue under consideration. The exercise of authority will be binding upon all persons; will be given deference in all courts of law; and will not be overturned or set aside by any court of
law unless found to be arbitrary and capricious or made in bad faith. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	52	  	ARTICLE IX (4-44654)

 ARTICLE X 
 GENERAL PROVISIONS 
 SECTION 10.01—AMENDMENTS. 
 The Employer may amend this Plan at any time, including any remedial retroactive changes (within the time specified by Internal Revenue Service
regulations), to comply with any law or regulation issued by any governmental agency to which the Plan is subject. 
 An amendment may not
diminish or adversely affect any accrued interest or benefit of Participants or their Beneficiaries nor allow reversion or diversion of Plan assets to the Employer at any time, except as may be required to comply with any law or regulation issued by
any governmental agency to which the Plan is subject. 
 No amendment to this Plan shall be effective to the extent that it has the effect of
decreasing a Participant’s accrued benefit. However, a Participant’s Account may be reduced to the extent permitted under Code Section 412(c)(8). For purposes of this paragraph, a Plan amendment which has the effect of decreasing a
Participant’s Account with respect to benefits attributable to service before the amendment shall be treated as reducing an accrued benefit. Furthermore, if the vesting schedule of the Plan is amended, in the case of an Employee who is a
Participant as of the later of the date such amendment is adopted or the date it becomes effective, the nonforfeitable percentage (determined as of such date) of such Employee’s right to his employer-derived accrued benefit shall not be less
than his percentage computed under the Plan without regard to such amendment. 
 No amendment to the Plan shall be effective to eliminate or
restrict an optional form of benefit with respect to benefits attributable to service before the amendment except as provided in the MERGERS AND DIRECT TRANSFERS SECTION of this article and below: 
  

	 	(a)	The Plan is amended to eliminate or restrict the ability of a Participant to receive payment of his Account balance under a particular optional form of benefit and the amendment
satisfies the condition in (1) and the Plan satisfies the condition in (2) below: 

  

	 	(1)	The amendment provides a single sum distribution form that is otherwise identical to the optional form of benefit eliminated or restricted. For purposes of this condition (1), a
single sum distribution form is otherwise identical only if it is identical in all respects to the eliminated or restricted optional form of benefit (or would be identical except that it provides greater rights to the Participant) except with
respect to the timing of payments after commencement. 

  

	 	(2)	The Plan provides that the amendment shall not apply to any distribution with an Annuity Starting Date earlier than the earlier of: 

  

	 	(i)	the 90th day after the date the Participant receiving the distribution has been furnished a summary that reflects the amendment and that satisfies the ERISA requirements at 29 CFR
2520.104b-3 relating to a summary of material modifications, or 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	53	  	ARTICLE X (4-44654)

	 	(ii)	the first day of the second Plan Year following the Plan Year in which the amendment is adopted. 

  

	 	(b)	The Plan is amended to eliminate or restrict in-kind distributions and the conditions in Q&A 2(b)(2)(iii) in section 1.411(d)-4 of the regulations are met.

 If, as a result of an amendment, an Employer Contribution is removed that is not 100% immediately vested when made, the
applicable vesting schedule shall remain in effect after the date of such amendment. The Participant shall not become immediately 100% vested in such Contributions as a result of the elimination of such Contribution except as otherwise specifically
provided in the Plan. 
 An amendment shall not decrease a Participant’s vested interest in the Plan. If an amendment to the Plan, or a
deemed amendment in the case of a change in top-heavy status of the Plan as provided in the MODIFICATION OF VESTING REQUIREMENTS SECTION of Article XI, changes the computation of the percentage used to determine that portion of a Participant’s
Account attributable to Employer Contributions which is nonforfeitable (whether directly or indirectly), each Participant or former Participant 
  

	 	(c)	who has completed at least three Years of Service on the date the election period described below ends (five Years of Service if the Participant does not have at least one
Hour-of-Service in a Plan Year beginning after December 31, 1988) and 

  

	 	(d)	whose nonforfeitable percentage will be determined on any date after the date of the change 

 may elect, during the election period, to have the nonforfeitable percentage of his Account that results from Employer Contributions determined without regard to the amendment. This election may not be revoked. If
after the Plan is changed, the Participant’s nonforfeitable percentage will at all times be as great as it would have been if the change had not been made, no election needs to be provided. The election period shall begin no later than the date
the Plan amendment is adopted, or deemed adopted in the case of a change in the top-heavy status of the Plan, and end no earlier than the 60th day after the latest of the date the amendment is adopted (deemed adopted) or becomes effective, or the
date the Participant is issued written notice of the amendment (deemed amendment) by the Employer or the Plan Administrator. 
 SECTION 10.02—DIRECT
ROLLOVERS. 
 Notwithstanding any provision of the Plan to the contrary that would otherwise limit a Distributee’s election under
this section, a Distributee may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of an Eligible Rollover Distribution paid directly to an Eligible Retirement Plan specified by the Distributee in a Direct
Rollover. 
 Any distributions made under the SMALL AMOUNTS SECTION of this article (or which are small amounts payments made under Article
VIII at complete termination of the Plan) which are Eligible Rollover Distributions and for which the Distributee has not elected to either have such distribution paid to him or to an Eligible Retirement Plan shall be paid to the Distributee.

 SECTION 10.03—MERGERS AND DIRECT TRANSFERS. 
 The Plan may not be merged or consolidated with, nor have its assets or liabilities transferred to, any other retirement plan, unless each Participant in the plan would (if the plan then terminated) receive a benefit

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	54	  	ARTICLE X (4-44654)

 immediately after the merger, consolidation, or transfer which is equal to or greater than the benefit the Participant
would have been entitled to receive immediately before the merger, consolidation, or transfer (if this Plan had then terminated). The Employer may enter into merger agreements or direct transfer of assets agreements with the employers under other
retirement plans which are qualifiable under Code Section 401(a), including an elective transfer, and may accept the direct transfer of plan assets, or may transfer plan assets, as a party to any such agreement. The Employer shall not consent
to, or be a party to a merger, consolidation, or transfer of assets with a defined benefit plan if such action would result in a defined benefit feature being maintained under this Plan. 
 Notwithstanding any provision of the Plan to the contrary, to the extent any optional form of benefit under the Plan permits a distribution prior to the
Employee’s retirement, death, disability, or severance from employment, and prior to plan termination, the optional form of benefit is not available with respect to benefits attributable to assets (including the post-transfer earnings thereon)
and liabilities that are transferred, within the meaning of Code Section 414(1), to this Plan from a money purchase pension plan qualified under Code Section 401(a) (other than any portion of those assets and liabilities attributable to
voluntary employee contributions). 
 The Plan may accept a direct transfer of plan assets on behalf of an Eligible Employee. If the Eligible
Employee is not an Active Participant when the transfer is made, the Eligible Employee shall be deemed to be an Active Participant only for the purpose of investment and distribution of the transferred assets. Employer Contributions shall not be
made for or allocated to the Eligible Employee, until the time he meets all of the requirements to become an Active Participant. 
 The Plan
shall hold, administer, and distribute the transferred assets as a part of the Plan. The Plan shall maintain a separate account for the benefit of the Employee on whose behalf the Plan accepted the transfer in order to reflect the value of the
transferred assets. 
 Unless a transfer of assets to the Plan is an elective transfer, as described below, the Plan shall apply the optional
forms of benefit protections described in the AMENDMENTS SECTION of this article to all transferred assets. 
 A Participant’s protected
benefits may be eliminated upon transfer between qualified defined contribution plans if the conditions in Q&A 3(b)(1) in section 1.411(d)-4 of the regulations are met. The transfer must meet all of the other applicable qualification
requirements. 
 A Participant’s protected benefits may be eliminated upon transfer between qualified plans (both defined benefit and
defined contribution) if the conditions in Q&A 3(c)(1) in section 1.411(d)-4 of the regulations are met. Beginning January 1, 2002, if the Participant is eligible to receive an immediate distribution of his entire nonforfeitable accrued
benefit in a single sum distribution that would consist entirely of an eligible rollover distribution under Code Section 401(a)(31), such transfer will be accomplished as a direct rollover under Code Section 401(a)(31). The rules
applicable to distributions under the plan would apply to the transfer, but the transfer would not be treated as a distribution for purposes of the minimum distribution requirements of Code Section 401(a)(9). 
 SECTION 10.04—PROVISIONS RELATING TO THE INSURER AND OTHER PARTIES. 
 The obligations of en Insurer shall be governed solely by the provisions of the Annuity Contract. The Insurer shall not be required to perform any act not provided in or contrary to the provisions of the Annuity
Contract. Each Annuity Contract when purchased shall comply with the Plan. See the CONSTRUCTION SECTION of this article. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	55	  	ARTICLE X (4-44654)

 Any issuer or distributor of investment contracts or securities is governed solely by the terms of its
policies, written investment contract, prospectuses, security instruments, and any other written agreements entered into with the Trustee with regard to such investment contracts or securities. 
 Such Insurer, issuer or distributor is not a party to the Plan, nor bound in any way by the Plan provisions. Such parties shall not be required to look
to the terms of this Plan, nor to determine whether the Employer, the Plan Administrator, the Trustee, or the Named Fiduciary have the authority to act in any particular manner or to make any contract or agreement. 
 Until notice of any amendment or termination of this Plan or a change in Trustee has been received by the Insurer at its home office or an issuer or
distributor at their principal address, they are and shall be fully protected in assuming that the Plan has not been amended or terminated and in dealing with any party acting as Trustee according to the latest information which they have received
at their home office or principal address. 
 SECTION 10.05—EMPLOYMENT STATUS. 
 Nothing contained in this Plan gives an Employee the right to be retained in the Employer’s employ or to interfere with the Employer’s right to
discharge any Employee. 
 SECTION 10.06—RIGHTS TO PLAN ASSETS. 
 An Employee shall not have any right to or interest in any assets of the Plan upon termination of employment or otherwise except as specifically provided under this Plan, and then only to the extent of the benefits
payable to such Employee according to the Plan provisions. 
 Any final payment or distribution to a Participant or his legal representative
or to any Beneficiaries, spouse or Contingent Annuitant of such Participant under the Plan provisions shall be in full satisfaction of all claims against the Plan, the Named Fiduciary, the Plan Administrator, the Insurer, the Trustee, and the
Employer arising under or by virtue of the Plan. 
 SECTION 10.07—BENEFICIARY. 
 Each Participant may name a Beneficiary to receive any death benefit (other than any income payable to a Contingent Annuitant) that may arise out of his
participation in the Plan. The Participant may change his Beneficiary from time to time. Unless a qualified election has been made, for purposes of distributing any death benefits before the Participant’s Retirement Date, the Beneficiary of a
Participant who has a spouse who is entitled to a Qualified Preretirement Survivor Annuity shall be the Participant’s spouse. The Participant’s Beneficiary designation and any change of Beneficiary shall be subject to the provisions of the
ELECTION PROCEDURES SECTION of Article VI. It is the responsibility of the Participant to give written notice to the Insurer of the name of the Beneficiary on a form furnished for that purpose. 
 With the Employer’s consent, the Plan Administrator may maintain records of Beneficiary designations for Participants before their Retirement Dates.
In that event, the written designations made by Participants shall be filed with the Plan Administrator. If a Participant dies before his Retirement Date, the Plan Administrator shall certify to the Insurer the Beneficiary designation on its records
for the Participant. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	56	  	ARTICLE X (4-44654)

 If there is no Beneficiary named or surviving when a Participant dies, the Participant’s
Beneficiary shall be the Participant’s surviving spouse, or where there is no surviving spouse, the executor or administrator of the Participant’s estate. 
 SECTION 10.08—NONALIENATION OF BENEFITS. 
 Benefits payable under the Plan are not subject to the
claims of any creditor of any Participant, Beneficiary, spouse or Contingent Annuitant. A Participant, Beneficiary, spouse or Contingent Annuitant does not have any rights to alienate, anticipate, commute, pledge, encumber, or assign any of such
benefits. The preceding sentences shall also apply to the creation, assignment, or recognition of a right to any benefit payable with respect to a Participant according to a domestic relations order, unless such order is determined by the Plan
Administrator to be a qualified domestic relations order, as defined in Code Section 414(p), or any domestic relations order entered before January 1, 1985. The preceding sentences shall not apply to any offset of a Participant’s
benefits provided under the Plan against an amount the Participant is required to pay the Plan with respect to a judgement, order, or decree issued, or a settlement entered into, on or after August 5, 1997, which meets the requirements of Code
Sections 401(a)(13)(C) or (D). 
 SECTION 10.09—CONSTRUCTION. 
 The validity of the Plan or any of its provisions is determined under and construed according to Federal law and, to the extent permissible, according to the laws of the state in which the Employer has its principal
office. In case any provision of this Plan is held illegal or invalid for any reason, such determination shall not affect the remaining provisions of this Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had
never been included. 
 In the event of any conflict between the provisions of the Plan and the terms of any Annuity Contract issued
hereunder, the provisions of the Plan control. 
 SECTION 10.10—LEGAL ACTIONS. 
 No person employed by the Employer; no Participant, former Participant, or their Beneficiaries; nor any other person having or claiming to have an
interest in the Plan is entitled to any notice of process. A final judgment entered in any such action or proceeding shall be binding and conclusive on all persons having or claiming to have an interest in the Plan. 
 SECTION 10.11—SMALL AMOUNTS. 
 If consent of the
Participant is not required for a benefit which is immediately distributable in the ELECTION PROCEDURES SECTION of Article VI, a Participant’s entire Vested Account shall be paid in a single sum as of the earliest of his Retirement Date, the
date he dies, or the date he ceases to be an Employee for any other reason. For purposes of this section, if the Participant’s Vested Account is zero, the Participant shall be deemed to have received a distribution of such Vested Account. If a
Participant would have received a distribution under the first sentence of this paragraph but for the fact that the Participant’s consent was needed to distribute a benefit which is immediately distributable, and if at a later time consent

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	57	  	ARTICLE X (4-44654)

 would not be needed to distribute a benefit which is immediately distributable and such Participant has not again become
an Employee, such Vested Account shall be paid in a single sum. This is a small amounts payment. 
 If a small amounts payment is made as of
the date the Participant dies, the small amounts payment shall be made to the Participant’s Beneficiary (spouse if the death benefit is payable to the spouse). If a small amounts payment is made while the Participant is living, the small
amounts payment shall be made to the Participant. The small amounts payment is in full settlement of benefits otherwise payable. 
 No other
small amounts payments shall be made. 
 SECTION 10.12—WORD USAGE. 
 The masculine gender, where used in this Plan, shall include the feminine gender and the singular words, as used in this Plan, may include the plural, unless the context indicates otherwise. 
 The words “in writing” and “written,” where used in this Plan, shall include any other forms, such as voice response or other
electronic system, as permitted by any governmental agency to which the Plan is subject. 
 SECTION 10.13—CHANGE IN SERVICE METHOD. 

 

	 	(a)	Change of Service Method Under This Plan. If this Plan is amended to change the method of crediting service from the elapsed time method to the hours method for any purpose
under this Plan, the Employee’s service shall be equal to the sum of (1), (2), and (3) below: 

  

	 	(1)	The number of whole years of service credited to the Employee under the Plan as of the date the change is effective. 

  

	 	(2)	One year of service for the applicable computation period in which the change is effective if he is credited with the required number of Hours-of-Service. If the Employer does not
have sufficient records to determine the Employee’s actual Hours-of-Service in that part of the service period before the effective date of the change, the Hours-of-Service shall be determined using an equivalency. For any month in which he
would be required to be credited with one Hour-of-Service, the Employee shall be deemed for purposes of this section to be credited with 190 Hours-of-Service. 

  

	 	(3)	The Employee’s service determined under this Plan using the hours method after the end of the computation period in which the change in service method was effective.

 If this Plan is amended to change the method of crediting service from the hours method to the elapsed time method for any
purpose under this Plan, the Employee’s service shall be equal to the sum of (4), (5), and (6) below: 
  

	 	(4)	The number of whole years of service credited to the Employee under the Plan as of the beginning of the computation period in which the change in service method is effective.

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	58	  	ARTICLE X (4-44654)

  

	 	(5)	the greater of (i) the service that would be credited to the Employee for that entire computation period using the elapsed time method or (ii) the service credited to him
under the Plan as of the date the change is effective. 

  

	 	(6)	The Employee’s service determined under this Plan using the elapsed time method after the end of the applicable computation period in which the change in service method was
effective. 

  

	 	(b)	Transfers Between Plans with Different Service Methods. If an Employee has been a participant in another plan of the Employer which credited service under the elapsed time
method for any purpose which under this Plan is determined using the hours method, then the Employee’s service shall be equal to the sum of (1), (2), and (3) below: 

  

	 	(1)	The number of whole years of service credited to the Employee under the plan as of the date he became an Eligible Employee under this Plan. 

  

	 	(2)	One year of service for the applicable computation period in which he became an Eligible Employee if he is credited with the required number of Hours-of-Service. If the Employer
does not have sufficient records to determine the Employee’s actual Hours-of-Service in that part of the service period before the date he became an Eligible Employee, the Hours-of-Service shall be determined using an equivalency. For any month
in which he would be required to be credited with one Hour-of-Service, the Employee shall be deemed for purposes of this section to be credited with 190 Hours-of-Service. 

  

	 	(3)	The Employee’s service determined under this Plan using the hours method after the end of the computation period in which he became an Eligible Employee.

 If an Employee has been a participant in another plan of the Employer which credited service under the hours method for any
purpose which under this Plan is determined using the elapsed time method, then the Employee’s service shall be equal to the sum of (4), (5), and (6) below: 
  

	 	(4)	The number of whole years of service credited to the Employee under the other plan as of the beginning of the computation period under that plan in which he became an Eligible
Employee under this Plan. 

  

	 	(5)	The greater of (i) the service that would be credited to the Employee for that entire computation period using the elapsed time method or (ii) the service credited to him
under the other plan as of the date he became an Eligible Employee under this Plan. 

  

	 	(6)	The Employee’s service determined under this Plan using the elapsed time method after the end of the applicable computation period under the other plan in which he became an
Eligible Employee. 

 If an Employee has been a participant in a Controlled Group member’s plan which credited service
under a different method than is used in this Plan, in order to determine entry and vesting, the provisions in (b) above shall apply as though the Controlled Group member’s plan were a plan of the Employer. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	59	  	ARTICLE X (4-44654)

 Any modification of service contained in this Plan shall be applicable to the service determined
pursuant to this section. 
 SECTION 10.14—MILlTARY SERVICE. 
 Notwithstanding any provision of this Plan to the contrary, the Plan shall provide contributions, benefits, and service credit with respect to qualified military service in accordance with Code Section 414(u).

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	60	  	ARTICLE X (4-44654)

 ARTICLE XI 
 TOP-HEAVY PLAN REQUIREMENTS 
 SECTION 11.01—APPLICATION. 
 The provisions of this article shall supersede all other provisions in the Plan to the contrary. 
 For the purpose of applying the Top-heavy Plan requirements of this article, all members of the Controlled Group shall be treated as one Employer. The
term Employer, as used in this article, shall be deemed to include all members of the Controlled Group, unless the term as used clearly indicates only the Employer is meant. 
 The accrued benefit or account of a participant which results from deductible employee contributions shall not be included for any purpose under this
article. 
 The minimum vesting and contribution provisions of the MODIFICATION OF VESTING REQUIREMENTS and MODIFICATION OF CONTRIBUTIONS
SECTIONS of this article shall not apply to any Employee who is included in a group of Employees covered by a collective bargaining agreement which the Secretary of Labor finds to be a collective bargaining agreement between employee representatives
and one or more employers, including the Employer, if there is evidence that retirement benefits were the subject of good faith bargaining between such representatives. For this purpose, the term “employee representatives” does not include
any organization more than half of whose members are employees who are owners, officers, or executives. 
 SECTION 11.02—DEFINITIONS. 

For purposes of this article the following terms are defined: 
 Aggregation Group means: 
  

	 	(a)	each of the Employer’s qualified plans in which a Key Employee is a participant during the Plan Year containing the Determination Date (regardless of whether the plan was
terminated) or one of the four preceding Plan Years, 

  

	 	(b)	each of the Employer’s other qualified plans which allows the plan(s) described in (a) above to meet the nondiscrimination requirement of Code Section 401(a)(4) or
the minimum coverage requirement of Code Section 410, and 

  

	 	(c)	any of the Employer’s other qualified plans not included in (a) or (b) above which the Employer desires to include as part of the Aggregation Group. Such a qualified
plan shall be included only if the Aggregation Group would continue to satisfy the requirements of Code Section 401(a)(4) and Code Section 410. 

 The plans in (a) and (b) above constitute the “required” Aggregation Group. The plans in (a), (b), and (c) above constitute the “permissive” Aggregation Group. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	61	  	ARTICLE XI (4-44654)

 Compensation means compensation as defined in the CONTRIBUTION LIMITATION SECTION of Article III.
For purposes of determining who is a Key Employee in years beginning before January 1, 1998, Compensation shall include, in addition to compensation as defined in the CONTRIBUTION LIMITATION SECTION of Article III, elective contributions.
Elective contributions are amounts excludible from the gross income of the Employee under Code Sections 125, 402(e)(3), 402(h)(1)(B), or 403(b), and contributed by the Employer, at the Employee’s election, to a Code
Section 401(k) arrangement, a simplified employee pension, cafeteria plan, or tax-sheltered annuity. Elective contributions also include amounts deferred under a Code Section 457 plan maintained by the Employer. 
 Determination Date means as to any plan, for any plan year subsequent to the first plan year, the last day of the preceding plan year. For the
first plan year of the plan, the last day of that year. 
 Key Employee means any Employee or former Employee (and the Beneficiaries
of such Employee) who at any time during the determination period was: 
  

	 	(a)	an officer of the Employer if such individual’s annual Compensation exceeds 50 percent of the dollar limitation under Code Section 415(b)(1)(A). 

 

	 	(b)	an owner (or considered an owner under Code Section 318) of one of the ten largest interests in the Employer if such individual’s annual Compensation exceeds 100 percent
of the dollar limitation under Code Section 415(c)(1)(A). 

  

	 	(c)	a 5-percent owner of the Employer, or 

  

	 	(d)	a 1-percent owner of the Employer who has annual Compensation of more than $150,000. 

 The determination period is the Plan Year containing the Determination Date and the four preceding Plan Years. 
 The determination of who is a Key Employee shall be made according to Code Section 416(i)(1) and the regulations thereunder. 
 Non-key Employee means any Employee who is not a Key Employee. 
 Present Value means the present value of a
participant’s accrued benefit under a defined benefit plan. For purposes of establishing Present Value to compute the Top-heavy Ratio, any benefit shall be discounted only for 7.5% interest and mortality according to the 1971 Group Annuity
Table (Male) without the 7% margin but with projection by Scale E from 1971 to the later of (a) 1974, or (b) the year determined by adding the age to 1920, and wherein for females the male age six years younger is used. 
 Top-heavy Plan means a plan which is top-heavy for any plan year beginning after December 31, 1983. This Plan shall be top-heavy if any of the
following conditions exist: 
  

	 	(a)	The Top-heavy Ratio for this Plan exceeds 60 percent and this Plan is not part of any required Aggregation Group or permissive Aggregation Group. 

  

	 	(b)	This Plan is a part of a required Aggregation Group, but not part of a permissive Aggregation Group, and the Top-heavy Ratio for the required Aggregation Group exceeds 60 percent.

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	62	  	ARTICLE XI (4-44654)

  

	 	(c)	This Plan is a part of a required Aggregation Group and part of a permissive Aggregation Group and the Top-heavy Ratio for the permissive Aggregation Group exceeds 60 percent.

 Top-heavy Ratio means: 
  

	 	(a)	If the Employer maintains one or more defined contribution plans (including any simplified employee pension plan) and the Employer has not maintained any defined benefit plan which
during the five-year period ending on the Determination Date(s) has or has had accrued benefits, the Top-heavy Ratio for this Plan alone or for the required or permissive Aggregation Group, as appropriate, is a fraction, the numerator of which is
the sum of the account balances of all Key Employees as of the Determination Date(s) (including any part of any account balance distributed in the five-year period ending on the Determination Date(s)), and the denominator of which is the sum of all
account balances (including any part of any account balance distributed in the five-year period ending on the Distribution Date(s)), both computed in accordance with Code Section 416 and the regulations thereunder. Both the numerator and
denominator of the Top-heavy Ratio are increased to reflect any contribution not actually made as of the Determination Date, but which is required to be taken into account on that date under Code Section 416 and the regulations thereunder.

  

	 	(b)	If the Employer maintains one or more defined contribution plans (including any simplified employee pension plan) and the Employer maintains or has maintained one or more defined
benefit plans which during the five-year period ending on the Determination Date(s) has or has had accrued benefits, the Top-heavy Ratio for any required or permissive Aggregation Group, as appropriate, is a fraction, the numerator of which is the
sum of the account balances under the aggregated defined contribution plan or plans of all Key Employees determined in accordance with (a) above, and the Present Value of accrued benefits under the aggregated defined benefit plan or plans for
all Key Employees as of the Determination Date(s), and the denominator of which is the sum of the account balances under the aggregated defined contribution plan or plans for all participants, determined in accordance with (a) above, and the
Present Value of accrued benefits under the defined benefit plan or plans for all participants as of the Determination Date(s), all determined in accordance with Code Section 416 and the regulations thereunder. The accrued benefits under a
defined benefit plan in both the numerator and denominator of the Top-heavy Ratio are increased for any distribution of an accrued benefit made in the five-year period ending on the Determination Date. 

  

	 	(c)	For purposes of (a) and (b) above, the value of account balances and the Present Value of accrued benefits will be determined as of the most recent Valuation Date that falls
within or ends with the 12-month period ending on the Determination Date, except as provided in Code Section 416 and the regulations thereunder for the first and second plan years of a defined benefit plan. The account balances and accrued
benefits of a participant (i) who is not a Key Employee but who was a Key Employee in a prior year or (ii) who has not been credited with at least an hour of service with any employer maintaining the plan at any time during the five-year
period ending on the Determination Date will be disregarded. The calculation of the Top-heavy Ratio and the extent to which distributions, rollovers, and transfers are taken into account will be made in accordance with Code Section 416 and the
regulations thereunder. Deductible employee contributions will not be taken into account for purposes of computing the Top-heavy Ratio. When aggregating plans, the value of account balances and accrued benefits will be calculated with reference to
the Determination Dates that fall within the same calendar year. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	63	  	ARTICLE XI (4-44654)

 The accrued benefit of a participant other than a Key Employee shall be determined under (i) the method,
if any, that uniformly applies for accrual purposes under all defined benefit plans maintained by the Employer, or (ii) if there is no such method, as if such benefit accrued not more rapidly than the slowest accrual rate permitted under the
fractional rule of Code Section 411(b)(1)(C). 
 SECTION 11.03—MODIFlCATION OF VESTING REQUIREMENTS. 
 If a Participant’s Vesting Percentage determined under Article I is not at least as great as his Vesting Percentage would be if it were determined
under a schedule permitted in Code Section 416, the following shall apply. During any Plan Year in which the Plan is a Top-heavy Plan, the Participant’s Vesting Percentage shall be the greater of the Vesting Percentage determined under
Article I or the schedule below. 
  

							
	  	 	 VESTING SERVICE
 (whole years)
	 	 NONFORFEITABLE
PERCENTAGE.
	 	 
	 	 Less than 3
	 	    0	 
	 	 3 or more
	 	100	 

 The schedule above shall not apply to Participants who are not credited with an Hour-of-Service
after the Plan first becomes a Top-heavy Plan. The Vesting Percentage determined above applies to the portion of the Participant’s Account which is multiplied by a Vesting Percentage to determine his Vested Account, including benefits accrued
before the effective date of Code Section 416 and benefits accrued before this Plan became a Top-heavy Plan. 
 If, in a later Plan
Year, this Plan is not a Top-heavy Plan, a Participant’s Vesting Percentage shall be determined under Article I. A Participant’s Vesting Percentage determined under either Article I or the schedule above shall never be reduced and the
election procedures of the AMENDMENTS SECTION of Article X shall apply when changing to or from the schedule as though the automatic change were the result of an amendment. 
 The part of the Participant’s Vested Account resulting from the minimum contributions required pursuant to the MODIFICATION OF CONTRIBUTIONS SECTION
of this article (to the extent required to be nonforfeitable under Code Section 416(b)) may not be forfeited under Code Section 411(a)(3)(B) or (D). 
 SECTION 11.04—MODIFICATION OF CONTRIBUTIONS. 
 During any Plan Year in which this Plan is a Top-heavy Plan, the Employer
shall make a minimum contribution as of the last day of the Plan Year for each Non-key Employee who is an Employee on the last day of the Plan Year and who was an Active Participant at any time during the Plan Year. A Non-key Employee is not
required to have a minimum number of Hours-of-Service or minimum amount of Compensation in order to be entitled to this minimum. A Non-key Employee who fails to be an Active Participant merely because his Compensation is less than a stated amount or
merely because of a failure to make mandatory participant contributions or, in the case of a cash or deferred arrangement, elective contributions shall be treated as if he were an Active Participant. The minimum is the lesser of (a) or
(b) below: 
  

	 	(a)	3 percent of such person’s Compensation for such Plan Year. 

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	64	  	ARTICLE XI (4-44654)

  

	 	(b)	The “highest percentage” of Compensation for such Plan Year at which the Employer’s contributions are made for or allocated to any Key Employee. The highest
percentage shall be determined by dividing the Employer Contributions made for or allocated to each Key Employee during the Plan Year by the amount of his Compensation for such Plan Year, and selecting the greatest quotient (expressed as a
percentage). To determine the highest percentage, all of the Employer’s defined contribution plans within the Aggregation Group shall be treated as one plan. The minimum shall be the amount in (a) above if this Plan and a defined benefit plan
of the Employer are required to be included in the Aggregation Group and this Plan enables the defined benefit plan to meet the requirements of Code Section 401(a)(4) or 410. 

 For purposes of (a) and (b) above, Compensation shall be limited by Code Section 401(a)(17). 
 If the Employer’s contributions and allocations otherwise required under the defined contribution plan(s) are at least equal to the minimum above,
no additional contribution shall be required. If the Employer’s total contributions and allocations are less than the minimum above, the Employer shall contribute the difference for the Plan Year. 
 The minimum contribution applies to all of the Employer’s defined contribution plans in the aggregate which are Top-heavy Plans. A minimum
contribution under a profit sharing plan shall be made without regard to whether or not the Employer has profits. 
 If a person who is
otherwise entitled to a minimum contribution above is also covered under another defined contribution plan of the Employer’s which is a Top-heavy Plan during that same Plan Year, any additional contribution required to meet the minimum above
shall be provided in this Plan. 
 If a person who is otherwise entitled to a minimum contribution above is also covered under a defined
benefit plan of the Employer’s which is a Top-heavy Plan during that same Plan Year, the minimum benefits for him shall not be duplicated. The defined benefit plan shall provide an annual benefit for him on, or adjusted to, a straight life
basis equal to the lesser of: 
 (c) 2 percent of his average compensation multiplied by his years of service, or 
 (d) 20 percent of his average compensation. 
 Average
compensation and years of service shall have the meaning set forth in such defined benefit plan for this purpose. 
 For purposes of this
section, any employer contribution made according to a salary reduction or similar arrangement and employer contributions which are matching contributions, as defined in Code Section 401(m), shall not apply in determining if the minimum
contribution requirement has been met, but shall apply in determining the minimum contribution required. 
 The requirements of this section
shall be met without regard to any Social Security contribution. 
 SECTION 11.05—MODIFICATION OF CONTRIBUTION LIMITATION. 
 If the provisions of subparagraph (I) of the CONTRIBUTION LIMITATION SECTION of Article III are applicable for any Limitation Year during which this
Plan is a Top-heavy Plan, the contribution limitations shall 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	65	  	ARTICLE XI (4-44654)

 be modified. The definitions of Defined Benefit Plan Fraction and Defined Contribution Plan Fraction in the CONTRIBUTION
LIMITATION SECTION of Article III shall be modified by substituting “100 percent” in lieu of “125 percent.” In addition, an adjustment shall be made to the numerator of the Defined Contribution Plan Fraction. The adjustment is a
reduction of that numerator similar to the modification of the Defined Contribution Plan Fraction described in the CONTRIBUTION LIMITATION SECTION of Article III, and shall be made with respect to the last Plan Year beginning before January 1,
1984. 
 The modifications in the paragraph above shall not apply with respect to a Participant so long as employer contributions,
forfeitures, or nondeductible employee contributions are not credited to his account under this or any of the Employer’s other defined contribution plans and benefits do not accrue for such Participant under the Employer’s defined benefit
plan(s), until the sum of his Defined Contribution and Defined Benefit Plan Fractions is less than 1.0. 
 This section shall cease to apply
effective as of the first Limitation Year beginning on or after January 1, 2000. 
  

					
	 RESTATEMENT JANUARY 1, 1997
	  	66	  	ARTICLE XI (4-44654)

 By executing this Plan, the Primary Employer acknowledges having counseled to the extent necessary with
selected legal and tax advisors regarding the Plan’s legal and tax implications. 
 Executed this 19th day of DECEMBER, 2001. 
  

			
	CULLMAN SAVINGS BANK
		
	By:	 	 

		
	 	 	 PRESIDENT

	 	 	Title
		
	 	 	Defined Contribution Plan 8.0

  

					
	 RESTATEMENT JANUARY 1, 1997
	  	67	  	PLAN EXECUTION (4-44654)

 Amendment History Addendum 
 This restatement reflects all current provisions of the custom plan and replaces all previous documents. The information below recognizes changes made to the plan on and after the 1997 plan year up to this
restatement. 
 Employer Name: Cullman Savings Bank 
  
  
 Prior to: the first Plan Year following the date of adoption of
this plan restatement 
 Previous Provision: The plan did not provide for a 2-step Employer Contribution allocation in years when the plan was
top-heavy. If the plan was top-heavy, the Employer Contribution was allocated first to provide the top-heavy minimum. 
 Prior to: the date of adoption of
this plan restatement 
 Previous Provision: The plan did not provide for a Participant to withdraw his Vested Account resulting from Rollover
Contributions. 
 Prior to: the date of adoption of this plan restatement 
 Previous Provision: The plan did not provide distributions under Qualified Domestic Relations Orders, at any time, irrespective of whether the Participant attained his earliest retirement age. 
 Prior to: November 1, 2000 
 Previous Provision: The
plan name was Cullman Savings Bank Profit Sharing Plan & Trust. 
 Previous Provision: Entry date was retroactive to the first day of
the plan year. 
 Previous Provision: Employees were allowed the option to elect not to participate in the plan. 
 Previous Provision: Life insurance was allowed. 
 Previous Provision: Investment in employer securities was allowed by the plan. 
 Previous Provision: Vesting service earned prior to
break in service under a rule of parity was included in the plan. 
  

					
		  		  	(4-44654)

 Previous Provision: Distribution to an alternate payee under a qualified domestic relations order was allowed at any
time irrespective of whether the member had attained the earliest retirement age. 
 Previous Provision: Life annuities were not allowed. 
 Previous Provision: Rollovers contributions were not allowed. 
 Previous
Provision: Disability was determined by medical examination and could be determined immediately. 
  

					
		  		  	(4-44654)

 OPERATIONAL HISTORY ADDENDUM TO 
 PRINCIPAL FINANCIAL GROUP DEFINED CONTRIBUTION PLAN DOCUMENTS 
 The following provisions apply
for Plan Years during the transition period between the earliest effective date under the law changes, collectively referred to as GUST, and the date the Employer adopts the GUST restated plan. 
 Definition of Highly Compensated Employee 
  

	a)	For the Plan Years marked, the Employer made the top-paid group election. 

          ̈  1997         ̈  1998         ̈  1999         ̈  2000         ̈   2001 
  

	b)	For the Plan Years marked, the Employer made the calendar year data election. 

          ̈  1997         ̈  1998         ̈  1999         ̈  2000         ̈   2001 
  

	c)	For the Plan Year marked, the Employer made the calendar year election. 

          ̈  1997 
 ADP/ACP Testing

  

	a)	For the Plan Years marked, the Employer used the prior year testing method for the ADP/ACP test. 

          ̈  1997         ̈  1998         ̈  1999         ̈  2000         ̈   2001 
  

	b)	For the Plan Years marked, the Employer used the current year testing method for the ADP/ACP test. 

          ̈  1997         ̈  1998         ̈  1999         ̈  2000         ̈   2001 
 Complete (c) and (d) below if this is a plan that was restated to a Principal Financial Group plan document after December 31, 1996 and the ADP and ACP tests used different testing methods. 
  

	c)	For the Plan Years marked, the Employer used the prior year testing method for the ADP test and the current year testing method for the ACP test. 

          ̈  1997         ̈  1998         ̈  1999         ̈  2000         ̈   2001 
  

	d)	For the Plan Years marked, the Employer used the current year testing method for the ADP test and the prior year testing method for the ACP test. 

          ̈  1997         ̈  1998         ̈  1999         ̈  2000         ̈   2001 
  

					
	 Subtype 101006
	  	1	  	Annuity Contract No. GA 4-44654

  

	e)	For the Plan Year marked, the Employer used 3% as the nonhighly compensated employees ADP. 

          ̈  1997         ̈  1998         ̈  1999         ̈  2000         ̈   2001 
  

	f)	For the Plan Year marked, the Employer used 3% as the nonhighly compensated employees ACP. 

          ̈  1997         ̈  1998         ̈  1999         ̈  2000         ̈   2001 
 Distribution Requirements (Minimum Distributions) 
  

	a)	The plan will apply the minimum distribution requirements of Code Section 401(a)(9) in accordance with the 2001 Proposed Regulations for distributions made on or after
June 14, 2001, for calendar years beginning on or after January 1, 2001, unless otherwise specified below. 

  

	 	1)	 ̈  These provisions will be applied for distributions made on or after
                                        ,
                     for calendar years beginning on or after January 1, 2001. Such date shall be substituted for June 14, 2001, in the
applicable provisions of the Plan. 

  

	 	2)	 ̈  These provisions will be applied for all distributions made for calendar years beginning on or after January 1, 2001.

  

	 	3)	 ̈  These provisions will be applied for all distributions made for calendar years beginning on or after January 1, 2002. These
provisions will not be applied for distributions made for the 2001 calendar year. 

 Compensation Definition (Qualified
Transportation Fringe Benefits) 
  

	a)	Amounts excludible from the gross income of the Employee by reason of Code Section 132(f)(4) shall not be included in any definition of Compensation for years beginning before
January 1, 2001, unless otherwise specified below. 

  

	 	1)	 ̈  Such amounts shall be included for years beginning January 1,
            . (Must be 1998, 1999, or 2000.) 

 Eligible Rollover
Distributions (Hardship Distributions) 
  

	a)	Hardship distributions made after December 31, 1998 are not Eligible Rollover Distributions, unless otherwise specified below. 

  

	 	1)	 ̈   Hardship distributions made after December 31, 1999 are not Eligible Rollover Distributions. 

  

	 	2)	 ̈   Hardship distributions made after
                                        ,
                     are not Eligible Rollover Distributions. (Must be between January 1, 1999 and December 31, 1999)

 401(k) Safe Harbor Provisions 
  

	a)	For the Plan Years marked, the plan operated as a 401(k) safe harbor plan. 

  ̈  1999         ̈  2000         ̈   2001 
  

					
	 Subtype 101006
	  	2	  	Annuity Contract No. GA 4-44654

	b)	The 401(k) safe harbor provisions satisfied the ADP/ACP test safe harbors as specified in the plan document, unless otherwise specified below. 

  

	 	1)	 ̈  The 401(k) safe harbor provisions satisfied the ADP/ACP test safe harbors for the 1999 Plan Year for 

  ̈  ADP/ACP             ̈  ADP only 
  

	 	2)	 ̈  The 401(k) safe harbor provisions satisfied the ADP/ACP test safe harbors for the 2000 Plan Year for 

  ̈  ADP/ACP             ̈  ADP only 
  

	 	3)	 ̈  The 401(k) safe harbor provisions satisfied the ADP/ACP test safe harbors for the 2001 Plan Year for 

  ̈  ADP/ACP             ̈  ADP only 
  

	c)	The ADP Test Safe Harbor was satisfied using the contributions specified in the plan document, unless otherwise specified below. 

  

									
		 	1)    	 	 ̈  For the 1999 Plan Year the ADP Test Safe Harbor was satisfied using
				
		 		 		 	 ̈  Qualified matching contribution - basic formula.
					
		 		 		 	 ̈  Qualified matching contribution - enhanced formula	  	  

				
		 		 		 	  

				
		 		 		 	  

					
			
		 	 ̈  Qualified nonelective contribution.	  	  

		
	.	 	  

		
		 	  

  

									
		 	2)    	 	 ̈  For the 2000 Plan Year the ADP Test Safe Harbor was satisfied using
				
		 		 		 	 ̈  Qualified matching contribution - basic formula.
					
		 		 		 	 ̈  Qualified matching contribution - enhanced formula	  	  

				
		 		 		 	  

				
		 		 		 	  

					
			
		 	 ̈  Qualified nonelective contribution.	  	  

		
	.	 	  

		
		 	  

  

					
	 Subtype 101006
	  	3	  	Annuity Contract No. GA 4-44654

									
		 	3)    	 	 ̈  For the 2001 Plan Year the ADP Test Safe Harbor was satisfied using
				
		 		 		 	 ̈  Qualified matching contribution - basic formula.
					
		 		 		 	 ̈  Qualified matching contribution - enhanced formula	  	  

				
		 		 		 	  

				
		 		 		 	  

					
			
		 	 ̈  Qualified nonelective contribution.	  	  

		
	.	 	  

		
		 	  

 Complete these sections if the plan restated to a Principal Financial Group plan document after December 31,
1996 or this is an individually designed plan document. 
 Small Amounts (Involuntary Distributions.) 
  

	a)	The involuntary distribution cash out limit (small amounts limit) was $3,500 for Plan Years beginning before August 6, 1997 and was increased to $5,000 for Plan Years beginning
on or after August 7, 1997, unless otherwise specified below. 

  

	 	1)	 ̈    The involuntary distribution cash out limit was increased to $5,000 on
                                        ,
                     (The date the plan restated to a Principal Financial Group prototype or individually designed plan document with the above
involuntary distribution cash out limit or an earlier date, if applicable.) 

  

	 	2)	 ̈    Prior to
                                        ,
                     the involuntary distribution cash out limit was     ̈     not included in the plan document     ̈    $
             

 NOTE: (3) and (4) are only
available on an individual designed plan document. 
  

	 	3)	x    The involuntary distribution cash out limit is as stated in the plan document. 

  

	 	4)	 ̈    The involuntary distribution cash out limit is not included in the plan document. 

  

					
	 Subtype 101006
	  	4	  	Annuity Contract No. GA 4-44654

			
	Repeal of Family Aggregation
		
	a)	  	For the Plan Years marked, the Employer applied the family aggregation rules for determining the amount of contributions made for or allocated to a member.
		
		  	 ̈  1997     ̈  1998     ̈  1999     ̈  2000     ̈  2001

  

					
	Subtype 101006	 	5	 	Annuity Contract No. GA 4-44654

 AMENDMENT TO ADD TRANSACTION PROCESSING SECTION 
 CULLMAN SAVINGS BANK PROFIT SHARING PLAN 
 The Plan named above gives the Employer the right to
amend it at any time. According to that right, the Plan is amended effective as of the signature date below, as follows: 
 By adding to the Table of
Contents the following Section 9.08: 
 Section 9.08—Transaction Processing 
 By adding the following Section 9.08 to Article IX: 
 SECTION 9.08—TRANSACTION PROCESSING. 
 Transactions (including, but not limited to, investment directions, trades,
loans, and distributions) shall be processed as soon as administratively practicable after proper directions are received from the Participant or such other parties. No guarantee is made by the Plan, Plan Administer, Trustee, Insurer, or Employer
that such transactions will be processed on a daily or other basis, and no guarantee is made in any respect regarding the processing time of such transactions. 
 Nothwithstanding any other provision of the Plan, the Employer, the Plan Administrator, or the Trustee reserves the right to not value an investment option on any given Valuation Date for any reason deemed appropriate
by the Employer, the Plan Administrator, or the Trustee. Administrative practicality will be determined by legitimate business factors (including, but not limited to, failure of systems or computer programs, failure of the means of the transmission
of data, force majeure, the failure of a service provider to timely receive values or prices, and correction for errors or omissions or the errors or omissions of any service provider) and in no event will be deemed to be less than 14 days. The
processing date of a transaction shall be binding for all purposes of the Plan and considered the applicable Valuation Date for any transaction. 
 This
amendment is made an integral part of the aforesaid Plan and is controlling over the terms of said Plan with respect to the particular items addressed expressly herein. All other provisions of the Plan remain unchanged and controlling. 

 
  

					
	 Subtype 101006 Transaction Processing
	 	1	 	(4-44654)

 Unless otherwise stated on any page of this amendment, eligibility for benefits and the amount of any benefits payable to
or on behalf of an individual who is an Inactive Participant on the effective date(s) stated above, shall be determined according to the provisions of the aforesaid Plan as in effect on the day before he became an Inactive Participant. 

 

			
	Signed this 29th
day of December, 2003.
	
	For the Employer
		
	By	 	 

	Title	 	 VP/Controller

  

					
	 Subtype 101006 Transaction Processing
	 	2	 	(4-44654)

 MODEL AMENDMENT TO COMPLY WITH THE 401 (a) (9) FINAL AND 
 TEMPORARY REGULATIONS 
 Plan Name CULLMAN SAVINGS BANK
PROFIT SHARING PLAN 
  
  
 The plan named above gives the Employer the right to amend it at any time. According to that right, the Plan is amended by adopting the model amendment set forth below.

 The plan’s existing minimum distribution provisions are superseded to the extent they are inconsistent with the provisions of this model amendment,
but those provisions that are not inconsistent (such as the plan’s definition of required beginning date) shall be retained. The plan’s minimum distribution provisions are amended as follows: 
 ARTICLE VII. MINIMUM DISTRIBUTION REQUIREMENTS. 
 Section 1. General
Rules 
  

	1.1.	Effective Date. The provisions of this article will apply for purposes of determining required minimum distributions for calendar years beginning with the 2003 calendar year.

  

	1.2.	Coordination with Minimum Distribution Requirements Previously in Effect. This amendment is not effective until calendar years beginning with the 2003 calendar year, therefore, no
coordination is required. 

  

	1.3.	Precedence. The requirements of this article will take precedence over any inconsistent provisions of the plan. 

  

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

  

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

 Section 2. Time and Manner of Distribution. 
  

	2.1.	Required Beginning Date. The participant’s entire interest will be distributed, or begin to be distributed, to the participant no later than the participant’s required
beginning date. 

  

					
		  		  	

		  		  	  
 Des Moines, IA 50392-0001

			
	 F599PN-1
	  		  	
			
	Subtype 101006 Minimum Required Distribution	  	1	  	4-44654

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

  

	 	(a)	 If the participant’s surviving spouse is the participant’s sole designated beneficiary, then distributions to the surviving spouse will begin by December
31 of the calendar year immediately following the calendar year in which the participant would have attained age 70 1/2 if later, except to the extent that an election is made to receive distributions in accordance with the 5-year rule. Under the 5-year rule, the participant’s entire interest will be
distributed to the designated beneficiary by December 31 of the calendar year containing the fifth anniversary of the participant’s death. 

  

	 	(b)	If the participant’s surviving spouse is not the participant’s sole designated beneficiary, then distributions will begin by December 31 of the calendar year
immediately following the calendar year in which the Participant died, except to the extent that an election is made to receive distributions in accordance with the 5-year rule. Under the 5-year rule, the participant’s entire interest will be
distributed to the designated beneficiary by December of the calendar year containing the fifth anniversary of the participant’s death. 

  

	 	(c)	If there is no designated beneficiary as of September 30 of the year following the year of the participant’s death, the participant’s entire interest will be
distributed by December 31 of the calendar year containing the fifth anniversary of the participant’s death. 

  

	 	(d)	If the participant’s surviving spouse is the participant’s sole designated beneficiary and the surviving spouse dies after the participant but before distributions to the
surviving spouse begin, this section 2.2, other than section 2.2(a), will apply as if the surviving spouse were the participant. 

 For purposes of this section 2.2. and section 4, unless section 2.2(d) applies, distributions are considered to begin on the participant’ required beginning date. If section 2.2(d) applies, distributions are considered to begin on the
date distributions are required to begin to the surviving spouse under section 2.2(a). If distributions under an annuity purchased from an insurance company irrevocably commence to the participant before 

  

					
		  		  	

		  		  	  
 Des Moines, IA 50392-0001

			
	 F599PN-1
	  		  	
			
	Subtype 101006 Minimum Required Distribution	  	2	  	4-44654

 
the participant’s required beginning date (or to the participant’s surviving spouse before the date distributions are required begin to the
surviving spouse under section 2.2(a)), the date distributions are considered to begin is the date distributions actually commence. 
  

	2.3.	Forms of Distribution. Unless the participant’s interest is distributed in the form of an annuity purchased from an insurance company or in a single sum on or before the
required beginning date, as of the first distribution calendar year distributions will be made in accordance with sections 3 and 4 of this article. If the participant’s interest is distributed in the form of an annuity purchased from an
insurance company, distributions thereunder will be made in accordance with the requirements of section 401(a)(9) of the Code and the Treasury regulations. 

 Section 3. Required Minimum Distributions During Participant’s Lifetime. 
  

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

  

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

  

	 	(b)	if the participant’s sole designated beneficiary for the distribution calendar year is the participant’s spouse, the quotient obtained by dividing the participant’s
account balance by the number in the Joint and Last Survivor Table set forth in section 1.401(a)(9)-9 of the Treasury regulations, using the participant’s and spouse’s attained ages as of the participant’s and spouse’s birthdays
in the distribution calendar year. 

  

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

  

					
		  		  	

		  		  	  
 Des Moines, IA 50392-0001

			
	 F599PN-1
	  		  	
			
	Subtype 101006 Minimum Required Distribution	  	3	  	4-44654

 Section 4. Required Minimum Distributions After Participant’s Death. 
  

	4.1.	Death On or After Date Distributions Begin. 

  

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

  

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

  

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

  

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

  

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

  

	4.2.	Death Before Date Distributions Begin. 

  

	 	(a)	 Participant Survived by Designated Beneficiary. If the participant dies before the date distributions begin and there is a designated beneficiary, the minimum
amount that will be distributed for each distribution calendar year after 

  

					
		  		  	

		  		  	  
 Des Moines, IA 50392-0001

			
	 F599PN-1
	  		  	
			
	Subtype 101006 Minimum Required Distribution	  	4	  	4-44654

	 	 
the year of the participant’s death is the quotient obtained by dividing the participant’s account balance by the remaining life expectancy of the
participant’s designated beneficiary, determined as provided in section 4.1, except to the extent that an election is made to receive distributions in accordance with the 5-year rule. Under the 5-year rule, the participant’s entire
interest will be distributed to the designated beneficiary by December 31 of the calendar year containing the fifth anniversary of the participant’s death. 

  

	 	(b)	No Designated Beneficiary. If the participant dies before the date distributions begin and there is no designated beneficiary as of September 30 of the year following the year
of the participant’s death, distribution of the participant’s entire interest will be completed by December 31 of the calendar year containing the fifth anniversary of the participant’s death. 

  

	 	(c)	Death of Surviving Spouse Before Distributions to Surviving Spouse Are Required to Begin. If the participant dies before the date distributions begin, the participant’s
surviving spouse is the participant’s sole designated beneficiary, and the surviving spouse dies before the distributions are required to begin to the surviving spouse under section 2.2(a), this section 4.2 will apply as if the surviving spouse
were the participant. 

 Section 5. Definitions. 
  

	5.1.	Designated beneficiary. The individual who is designated as the beneficiary under the BENEFICIARY SECTION of Article X of the plan and is the designated beneficiary under section
401(a)(9) of the Internal Revenue Code and section 1.401(a)(9)-1, Q&A-4, of the Treasury regulations. 

  

					
		  		  	

		  		  	  
 Des Moines, IA 50392-0001

			
	 F599PN-1
	  		  	
			
	Subtype 101006 Minimum Required Distribution	  	5	  	4-44654

	5.2.	Distribution calendar year. A calendar year for which a minimum distribution is required. For distributions beginning before the participant’s death, the first distribution
calendar year is the calendar year immediately preceding the calendar year which contains the participant’s required beginning date. For distributions beginning after the participant’s death, the first distribution calendar year is the
calendar year in which distributions are required to begin under section 2.2. The required minimum distribution for the participant’s first distribution calendar year will be made on or before the participant’s required beginning date. The
required minimum distribution for other distribution calendar years, including the required minimum distribution for the distribution year in which the participant’s required beginning date occurs, will be made on or before December 31 of
that distribution calendar year. 

  

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

  

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

  

	5.5.	Required beginning date. The date specified in the DEFINITIONS SECTION of Article VII of the plan. 

 Section 6. Election to Allow Participants or Beneficiaries to Elect 5-Year Rule. 
 Participants or
beneficiaries may elect on an individual basis whether the 5-year rule or the life expectancy rule in sections 2.2 and 4.2 of Article VII of the plan applies to distributions after the death of a participant who has a designated beneficiary. The
election must be made no later than the earlier of September 30 of the calendar year in which distribution would be required to begin under section 2.2 of Article VII of the plan, or by September 30 of the calendar year which contains the
fifth anniversary of the participant’s (or, if applicable, surviving spouse’s) death. If neither the participant nor beneficiary makes an election under this paragraph, distributions will be made in accordance with the life expectancy rule
under sections 2.2 and 4.2 of Article VII of the plan. 
  

					
		  		  	

		  		  	  
 Des Moines, IA 50392-0001

			
	 F599PN-1
	  		  	
			
	Subtype 101006 Minimum Required Distribution	  	6	  	4-44654

 Section 7. Election to Allow Designated Beneficiary Receiving Distributions Under 5-Year Rule to Elect Life
Expectancy Distributions. 
 A designated beneficiary who is receiving payments under the 5-year rule may make a new election to receive
payments under the life expectancy rule until December 31, 2003, provided that all amounts that would have been required to be distributed under the life expectancy rule for all distribution calendar years before 2004 are distributed by the
earlier of December 31, 2003 or the end of the 5-year period. 
 This amendment is made an integral part of the aforesaid plan and is controlling over the
terms of said Plan with respect to the particular items addressed expressly therein. All other provisions of the Plan, remain unchanged and controlling. 
 Unless otherwise stated on any page of this amendment, eligibility for benefits and the amount of any benefits payable to or on behalf of an individual who is an Inactive Participant on the effective date(s) stated above, shall be
determined according to the provisions of the aforesaid Plan as in effect on the day before he became an Inactive Participant. 
 Signing this amendment, the
Employer, as plan sponsor, has made the decision to adopt this plan amendment. The Employer is acting in reliance on its own discretion and on the legal and tax advice of its own advisors, and not that of any member of the Principal Financial Group
or any representative of a member company of the Principal Financial Group. 
 Signed this 29th day of December, 2003. 
  

			
	For the Employer,
		
	By	 	 

		 	 President & CEO

		 	Business Title

  

					
		  		  	

		  		  	  
 Des Moines, IA 50392-0001

	 F599PN-1
	  		  	
			
	Subtype 101006 Minimum Required Distribution	  	7	  	4-44654

 GOOD FAITH AMENDMENT TO COMPLY WITH CODE SECTION 401(a)(31)(B) AS AMENDED BY THE ECONOMIC GROWTH AND TAX RELIEF
RECONCILIATION ACT OF 2001 (EGTRRA) 
 This amendment of the Plan is adopted to reflect certain provisions of the Economic Growth and Tax Relief
Reconciliation Act of 2001 (EGTRRA). This amendment is intended as good faith compliance with the requirements of EGTRRA and is to be construed in accordance with EGTRRA and guidance issued thereunder. This amendment shall be effective as of
March 28, 2005. This amendment shall continue to apply to the Plan, including the Plan as later amended, until such provisions are integrated into the Plan or the good faith compliance EGTRRA amendment provisions are specifically amended.

 This amendment shall supersede any previous good faith compliance EGTRRA amendment and the provisions of the Plan to the extent those provisions are
inconsistent with the provisions of this amendment. 
 Plan Name: CULLMAN SAVINGS BANK PROFIT SHARING PLAN 
  
  
 The Plan named above gives the Employer the right to amend it at any time. According to that right, the Plan is amended as follows: 
 AUTOMATIC
ROLLOVERS 
 In the event of a mandatory distribution greater than $1,000 in accordance with the small amounts payment provisions of Article VIII or the
SMALL AMOUNTS SECTION of Article X, if the Participant does not elect to have such distribution paid directly to an Eligible Retirement Plan specified by the Participant in a Direct Rollover or to receive the distribution directly in accordance with
the DIRECT ROLLOVERS SECTION of Article X, then the Plan Administrator will pay the distribution in a Direct Rollover to an individual retirement plan with an affiliate of Principal Life Insurance Company. In the event of any other small amounts
payment to a Distributee in accordance with the small amounts payment provisions of Article VIII or the SMALL AMOUNTS SECTION of Article X, if the Distributee does not elect to have such distribution paid directly to an Eligible Retirement Plan
specified by the Distributee in a Direct Rollover or to receive the distribution directly in accordance with the DIRECT ROLLOVERS SECTION of Article X, then the Plan Administrator will pay the distribution to the Distributee. 
 This amendment is made an integral part of the aforesaid Plan and is controlling over the terms of said Plan with respect to the particular items addressed expressly
herein. All other provisions of the Plan remain unchanged and controlling. 
 Signing this amendment, the Employer, as plan sponsor, has made the decision to
adopt this plan amendment. The Employer is acting in reliance on its own discretion and on the legal and tax advice of its own advisors, and not that of any member of the Principal Financial Group or any representative of a member company of the
Principal Financial Group. 
 Signed this 18th day of April, 2005. 
  

			
	For the Employer
		
	By	 	 

		 	 V.P. / Controller

		 	Title

 Group Annuity Contract No. 4-44654 
  

					
			
		  		  	
			
	Subtype 110218	  	1	  	

 GOOD FAITH COMPLIANCE AMENDMENT TO MODIFY THE DEFINITION OF 
 DEPENDENT DUE TO CHANGES UNDER CODE SECTION 152 
 This amendment of the Plan is adopted to modify the definition of dependent for purposes of hardship withdrawals due to changes to Code Section 152. This amendment is intended as good faith compliance with the guidance issued by the
Internal Revenue Service with respect to plans that defined dependent by reference to Code Section 152. This amendment shall continue to apply to the Plan, including the Plan as later amended, until such provisions are integrated into the Plan
or the good faith compliance provisions of this amendment are specifically amended. 
 This amendment shall supersede any previous good faith compliance
amendment and the provisions of the Plan to the extent those provisions are inconsistent with the provisions of this amendment. 
 CULLMAN SAVINGS BANK
PROFIT SHARING PLAN 
 The provisions of this amendment shall be effective as of the first day of the first Plan Year beginning on or after January 1,
2006. 
 The Plan named above gives the undersigned the right to amend it at any time. According to that right, the Plan is amended as follows: 

HARDSHIP DISTRIBUTIONS 
 This section modifies the financial
hardship withdrawal provisions of the: WITHDRAWAL BENEFITS SECTION of Article V, where applicable. 
 Modification of the list of events for immediate and
heavy financial needs. Existing immediate and heavy financial needs are modified as follows: 
 Replace (i) expenses which are not reimbursed or
compensated by insurance or otherwise and are incurred or necessary for medical care of the Participant, the Participant’s spouse, or any dependents of the Participant (as defined in Code Section 152) with (i) expenses which are not
reimbursed or compensated by insurance or otherwise and are incurred or necessary for medical care of the Participant. the Participant’s spouse or any dependents of the Participant (as defined in Code Section 152, and for taxable years
beginning on or after January 1, 2005, without regard to Code Section 152(b)(1), (b)(2), and (d)(l)(B)). 
 Replace (iii) payment of tuition,
related educational fees, and room and board expenses, for the next 12 months of post-secondary education for the Participant, his spouse, children, or dependents with (iii) payment of tuition, related educational fees, and room and board
expenses, for the next 12 months of post-secondary education for the Participant, his spouse, children, or dependents (as defined in Code Section 152, and for taxable years beginning on or after January 1, 2005, without regard to Code
Sections 152(b)(l), (b)(2), and (d)(l)(B)). 
 Any modification made above shall not apply if it conflicts with an event already defined in a different
manner in the Plan. 
 This amendment is made an integral part of the aforesaid Plan and is controlling over the terms of said Plan with respect to the
particular items addressed expressly therein. All other provisions of the Plan remain unchanged and controlling. 
  

					
	Subtype 110218	 	1	 	(444654)

 Unless otherwise stated on any page of this amendment, eligibility for benefits and the amount of any benefits payable to
or on behalf of an individual who is an Inactive Participant on the effective date(s) stated above, shall be determined according to the provisions of the aforesaid Plan as in effect on the day before he became an Inactive Participant. 

Signing this amendment, the undersigned, as plan sponsor, has made the decision to adopt this plan amendment. The undersigned is acting in reliance on their own
discretion and on the legal and tax advice of their own advisors, and not that of any member of the Principal Financial Group or any representative of a member company of the Principal Financial Group. 
 Signed this 1st day of August, 2006. 
  

			
	For the Employer
		
	By:	 	 

		 	 President / CEO

		 	Title

  

					
	Subtype 110218	 	2	 	(444654)

 AMENDMENT NO. 1 
 CULLMAN SAVINGS BANK PROFIT SHARING PLAN 
 The Plan named above gives the Employer the right to amend it at any time.
According to that right, the Plan is amended effective December 1, 2007, as follows: 
 By striking the definitions of Eligibility Break in Service
and Eligibility Computation Period from the DEFINITIONS SECTION of Article I. 
 By striking the definition of Eligibility Service in the
DEFINITIONS SECTION of Article I and substituting the following: 
 Eligibility Service means an Employee’s Period of Service.
Eligibility Service shall be measured from his Employment Commencement Date to his most recent Severance Date. Eligibility Service shall be reduced by any Period of Severance that occurred prior to his most recent Severance Date, unless such Period
of Severance is included under the service spanning rule below. This period of Eligibility Service shall be expressed as months (on the basis that 30 days equal one month). 
 However, Eligibility Service is modified as follows: 
 Period of Military Duty included: 
 A Period of Military Duty shall be included as service with the Employer to the extent it has
not already been credited. 
 Period of Severance included (service spanning rule): 
 A Period of Severance shall be deemed to be a Period of Service under either of the following conditions: 
  

	 	(a)	the Period of Severance immediately follows a period during which an Employee is not absent from work and ends within 12 months; or 

  

	 	(b)	the Period of Severance immediately follows a period during which an Employee is absent from work for any reason other than quitting, being discharged, or retiring (such as a leave
of absence or layoff) and ends within 12 months of the date he was first absent. 

 Control Group service included: 

An Employee’s service with a member firm of a Controlled Group while both that firm and the Employer were members of the Controlled Group shall be
included as service with the Employer. 
 By striking the definition of Hour-of-Service from the DEFINITIONS SECTION of Article I and substituting the
following: 
 Hour-of-Service means, for the elapsed time method of crediting service in this Plan, each hour for which an Employee is
paid, or entitled to payment, for performing duties for the Employer. Hour-of-Service means, for the hours method of crediting service in this Plan, the following: 
  

	 	(a)	Each hour for which an Employee is paid, or entitled to payment, for performing duties for the Employer during the applicable computation period. 

  

					
	Amendment No. 1	 	1	 	(4-44654)

	 	(b)	Each hour for which an Employee is paid, or entitled to payment, by the Employer because of a period of time in which no duties are performed (irrespective of whether the employment
relationship has terminated) due to vacation, holiday, illness, incapacity (including disability), layoff, jury duty, military duty or leave of absence. Notwithstanding the preceding provisions of this subparagraph (b), no credit will be given to
the Employee: 

  

	 	(1)	for more than 501 Hours-of-Service under this subparagraph (b) on account of any single continuous period in which the Employee performs no duties (whether or not such period
occurs in a single computation period), or 

  

	 	(2)	for an Hour-of-Service for which the Employee is directly or indirectly paid, or entitled to payment, on account of a period in which no duties are performed if such payment is made
or due under a plan maintained solely for the purpose of complying with applicable worker’s or workmen’s compensation, or unemployment compensation, or disability insurance laws; or 

  

	 	(3)	for an Hour-of-Service for a payment which solely reimburses the Employee for medical or medically related expenses incurred by him. 

 For purposes of this subparagraph (b), a payment shall be deemed to be made by, or due from the Employer, regardless of whether such payment is made by,
or due from the Employer, directly or indirectly through, among others, a trust fund or insurer, to which the Employer contributes or pays premiums and regardless of whether contributions made or due to the trust fund, insurer or other entity are
for the benefit of particular employees or are on behalf of a group of employees in the aggregate. 
  

	 	(c)	Each hour for which back pay, irrespective of mitigation of damages, is either awarded or agreed to by the Employer. The same Hours-of-Service shall not be credited both under
subparagraph (a) or subparagraph (b) above (as the case may be) and under this subparagraph (c). Crediting of Hours-of-Service for back pay awarded or agreed to with respect to periods described in subparagraph (b) above will be
subject to the limitations set forth in that subparagraph. 

 The crediting of Hours-of-Service above shall be applied under the
rules of paragraphs (b) and (c) of the Department of Labor Regulation 2530.200b-2 (including any interpretations or opinions implementing such rules); which rules, by this reference, are specifically incorporated in full within this Plan.
The reference to paragraph (b) applies to the special rule for determining hours of service for reasons other than the performance of duties such as payments calculated (or not calculated) on the basis of units of time and the rule against
double credit. The reference to paragraph (c) applies to the crediting of hours of service to computation periods. 
 Hours-of-Service
shall be credited for employment with any other employer Required to be aggregated with the Employer under Code Sections 414(b), (c), (m), or (o) and the regulations thereunder for purposes of eligibility and vesting. Hours of Service shall
also be credited for any individual who is considered an employee for purposes of this Plan pursuant to Code Section 414(n) or (o) and the regulations thereunder. 
  

					
	 Amendment No. 1
	 	2	 	(4-44654)

 Solely for purposes of determining whether a one-year break in service has occurred for eligibility or
vesting purposes, during a Parental Absence an Employee shall be credited with the Hours-of-Service which would otherwise have been credited to the Employee but for such absence, or in any case in which such hours cannot be determined, eight
Hours-of-Service per day of such absence. The Hours-of-Service credited under this paragraph shall be credited in the computation period in which the absence begins if the crediting is necessary to prevent a break in service in that period; or in
all other cases, in the following computation period. 
 By adding the following definitions to the DEFINITIONS SECTION of Article I: 
 Period of Service means a period of time beginning on an Employee’s Employment Commencement Date or Reemployment Commencement Date (whichever
applies) and ending on his Severance Date. 
 Period of Severance means a period of time beginning on an Employee’s Severance Date
and ending on the date he again performs an Hour of Service. 
 A one-year Period of Severance means a Period of Severance of 12 consecutive
months. 
 Solely for purposes of determining whether a one-year Period of Severance has occurred for eligibility or vesting purposes, the
consecutive 12-month period beginning on the first anniversary of the first date of a Parental Absence shall not be a one-year Period of Severance. 
 By
striking the definition of Reemployment Commencement Date in the DEFINITIONS SECTION of Article I and substituting the following: 
 Reemployment Commencement Date means the date an Employee first performs an Hour-of-Service following a Period of Severance. 
 By adding the
following definition to the DEFINITIONS SECTION or Article I: 
 Severance Date means the earlier of: 
  

	 	(a)	the date on which an Employee quits, retires, dies, or is discharged, or 

  

	 	(b)	the first anniversary of the date an Employee begins a one-year absence from service (with or without pay). This absence may be the result of any combination of vacation, holiday,
sickness, disability, leave of absence, or layoff. 

 Solely to determine whether a one-year Period of Severance has occurred
for eligibility or vesting purposes for an Employee who is absent from service beyond the first anniversary of the first day of a Parental Absence, Severance Date is the second anniversary of the first day of the Parental Absence. The period between
the first and second anniversaries of the first day of the Parental Absence is not a Period of Service and is not a Period of Severance. 
  

					
	 Amendment No. 1
	 	3	 	(4-44654)

 By striking item (1) from subparagraph (a) in the ACTIVE PARTICIPANT SECTION of Article II and substituting the
following: 
 (1) He has completed six months of Eligibility Service before his Entry Date. 
 This amendment is made an integral part of the aforesaid Plan and is controlling over the terms of said Plan with respect to the particular items addressed expressly
herein. All other provisions of the Plan remain unchanged and controlling. 
 Unless otherwise stated on any page of this amendment, eligibility for benefits
and the amount of any benefits payable to or on behalf of an individual who is an Inactive Participant on the effective date(s) stated above, shall be determined according to the provisions of the aforesaid Plan as in effect on the day before he
became an Inactive Participant. 
 Signing this amendment, the Employer, as plan sponsor, has made the decision to adopt this plan amendment. The Employer is
acting in reliance on its own discretion and on the legal and tax advice of its own advisors, and not that of any member of the Principal Financial Group or any representative of a member company of the Principal Financial Group. 
 Signed this 12th day of December, 2007. 
  

			
	CULLMAN SAVINGS BANK
		
	By	 	 

		 	 President/CEO

	Title

  

					
	 Amendment No. 1
	 	4	 	(4-44654)

 2007 INTERIM AMENDMENT TO COMPLY WITH 
 THE FINAL REGULATIONS UNDER CODE SECTION 415 
 AND THE AMENDMENTS TO

 THE FINAL REGULATIONS UNDER CODE SECTION 411(d) 
 This amendment of the Plan is adopted to comply with the requirements of the final regulations under Code Section 415 and the amendments to the final regulations under Code Section 411(d). This amendment is
to be construed in accordance with such regulations. This amendment shall continue to apply to the Plan, including the Plan as later amended, until such provisions are integrated into the Plan or the provisions of this amendment are specifically
amended. 
 This amendment shall supersede any previous amendment and the provisions of the Plan to the extent those provisions are inconsistent with the
provisions of this amendment. 
 CULLMAN SAVINGS BANK PROFIT SHARING PLAN 
 The Plan named above gives the undersigned the right to amend it at any time. According to that right, the Plan is amended as follows: 
 FINAL REGULATIONS UNDER CODE SECTION 415 
 Except as otherwise provided, the provisions of the following sections
shall be effective as of the first day of the first Limitation Year beginning on or after July 1, 2007. 
 DEFINITIONS 
 This section modifies the DEFINITIONS SECTION of Article I. 
 Modification
of the Definition of ANNUAL COMPENSATION. The definition of Annual Compensation, if applicable, is modified effective as of the first day of the first Plan Year beginning on or after July 1 2007 as follows: 
 If the Compensation Year, Plan Year, and Limitation Year (as defined in the CONTRIBUTION LIMITATION SECTION of Article III) are the same, Annual Compensation shall
include amounts earned but not paid during the Compensation Year solely because of the timing of pay periods and pay dates, provided the amounts are paid during the first few weeks of the next Compensation Year, the amounts are included on a uniform
and consistent basis with respect to all similarly situated Employees, and no Compensation is included in more than one Compensation Year. 
 The final
regulations allow this modification if the plan sponsor so chooses. This is an optional change that is allowed but is not required by the final regulations. Mark the box below if this modification is not to apply: 
  

	 	 ̈	Such amounts shall not be included. 

  

					
	Subtype 110218	 	 1
 000134

	 	4-44654

 Modification of the Definition of COMPENSATION. The definition of Compensation, if applicable, is modified
effective as of the first day of the first Plan Year beginning on or after July 1, 2007 as follows: 
 If the definition of earnings in the definition
of Compensation is defined as “wages, salaries, and fees for professional services ......,” the definition of earnings is modified as follows: 
 “Earnings” in this definition means wages, salaries, and fees for professional services and other amounts received (without regard to whether or not an amount is paid in cash) for personal services actually rendered in the course
of employment with the Employer maintaining the Plan to the extent that the amounts are includible in gross income (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 regulations)), and excluding the following: 
  

	 	(a)	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); 

  

	 	(b)	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 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; 

  

	 	(c)	amounts realized from the sale, exchange or other disposition of stock acquired under a statutory stock option, 

  

	 	(d)	other amounts that receive 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 

  

	 	(e)	other items of remuneration that are similar to any of the items listed in (a) through (d) above. 

 The final regulations also allow (a) above to be further modified if the plan sponsor so chooses. This is an optional change that is allowed but is not required
by the final regulations. Mark the box below if this modification is to apply: 
  

	 	x	(a) above is modified to not exclude amounts received during the year by an Employee pursuant to a nonqualified unfunded deferred compensation plan to the extent includible in
gross income. 

 In addition, Compensation is modified as follows: 
 Except as provided herein, Compensation for a specified period is the Compensation actually paid or made available (or if earlier, includible in gross income) during such period. 
  

					
	Subtype 110218	 	 2
 000134

	 	4-44654

 Compensation for a Plan Year shall also include Compensation paid by the later of 2 1/2 months after an 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 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. 
 The final regulations also allow other types
of post-severance Compensation to be included if the plan sponsor so chooses. This is an optional change that is allowed but is not required by the final regulations. Mark the box below to include these other types of post-severance Compensation:

  

	 	 ̈	 Compensation for a Plan Year shall also include Compensation paid by the later of 2 1/2 months after an 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: (i) 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 (ii) the 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, except, payments to an individual who does not currently
perform services for the Employer by reason of qualified military service (within the meaning of Code Section 414(u)(1)) to the extent these payments do not exceed the amounts the individual would have received if the individual had continued
to perform services for the Employer rather than entering qualified military service. 
 The final regulations also provide another exception to
the post-severance Compensation rules. This is an optional change that is allowed but is not required by the final regulations. Mark the box below and the applicable selection to include this type of post-severance Compensation: 
  

	 	 ̈	Compensation shall also include post-severance Compensation paid to a Participant who is permanently and totally disabled, as defined in Code Section 22(e)(3), provided the
condition below is met. Select one of the following: 

  

	 	 ̈	Salary continuation applies to all Participants who are permanently and totally disabled for a fixed or determinable period. 

  

	 	 ̈	The Participant was not a highly compensated employee, as defined in Code Section 414(q), immediately before becoming disabled. 

 Back pay, within the meaning of section 1.415(c)-2(g)(8) of the 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 in this definition. 
 Compensation paid or made available during a
specified period shall include amounts that would otherwise be included in Compensation but for an election under Code Section 125(a), 132(f)(4), 402(e)(3), 402(h)(1)(B), 402(k), or 457(b). Compensation shall also include employee contributions
“picked up” by a governmental entity and, pursuant to Code Section 414(h)(2), treated as Employer contributions. 
  

					
	Subtype 110218	 	 3
 000134

	 	4-44654

 For Plan Years beginning on or after January 1, 2002, the annual Compensation of each Participant taken into account
in determining contributions and allocations for any determination period (the period over which Compensation is determined) shall not exceed $200,000, as adjusted for cost-of-living increases 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. 
 Modification
of the Definition of PREDECESSOR EMPLOYER. The definition of Predecessor Employer is modified by striking the words “means a firm” from the first sentence and substituting in lieu thereof “means, except for purposes of the
CONTRIBUTION LIMITATION SECTION of Article III, a firm.” 
 Modification of the Definition of SEVERANCE FROM EMPLOYMENT. If the Plan includes a
definition of Severance from Employment in Article I, the definition of Severance from Employment is modified by striking the first sentence and substituting in lieu thereof the following: 
 Severance from Employment means, except for purposes of the CONTRIBUTION LIMITATION SECTION of Article III, an Employee has ceased to be an Employee. 

If the Plan includes a definition of Compensation in Article I and does not include a definition of Severance from Employment in Article I, the following definition
of Severance from Employment is added: 
 Severance from Employment means, except for purposes of the CONTRIBUTION LIMITATION SECTION of Article III,
an Employee has ceased to be an Employee. The Plan Administrator shall determine if a Severance from Employment has occurred in accordance with section 1.401(k)-1(d)(2) of the regulations. 
 CONTRIBUTION LIMITATION 
 This section strikes the CONTRIBUTION
LIMITATION SECTION of Article III, and substitutes in lieu thereof the following: 
 SECTION 3.03 (3.02 or 3.04, if applicable)—CONTRIBUTION
LIMITATION. 
 Contributions to the Plan shall be limited in accordance with Code Section 415 and the regulations thereunder. The limitations of this
section shall apply to Limitation Years beginning on or after July 1, 2007, except as otherwise provided herein. 
  

	 	(a)	Definitions. For the purpose of determining the contribution limitation set forth in this section, the following terms are defined: 

 Annual Additions means the sum of the following amounts credited to a Participant’s account for the Limitation Year: 
  

	 	(1)	employer contributions; 

  

	 	(2)	employee contributions; and 

  

	 	(3)	forfeitures. 

 Annual Additions to a defined contribution
plan, as defined in section 1.415(c)-1(a)(2)(i) of the regulations, shall also include the following: 
  

	 	(4)	mandatory employee contributions, as defined in Code Section 411(c)(2)(C) and section 1.411(c)-1(c)(4) of the regulations, to a defined benefit plan; 

 

					
	Subtype 110218	 	 4
 000134

	 	4-44654

	 	(5)	contributions allocated to any individual medical benefit account, as defined in Code Section 415(l)(2), which is part of a pension or annuity plan maintained by the Employer;

  

	 	(6)	amounts attributable to post-retirement medical benefits, allocated to the separate account of a key employee, as defined in Code Section 419A(d)(3), under a welfare benefit
fund, as defined in Code Section 419(e), maintained by the Employer, and 

  

	 	(7)	annual additions under an annuity contract described in Code Section 403(b). 

 Compensation means whichever of the following applies: 
 If Compensation is currently defined as
“wages within the meaning of Code Section 3401(a) and all other payments .......,” Compensation means wages, within the meaning of Code Section 3401(a), and all other payments of 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 the employee a written statement under Code Sections 6041(d), 6051(a)(3), and 6052. Compensation shall be 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 3401(a)(2)). The type of
compensation that is reported in the “Wages, Tips and Other Compensation” box on Form W-2 satisfies this definition. 
 If
Compensation is currently defined as “wages within the meaning of Code Section 3401(a) for the purposes of income tax withholding .....,” Compensation means wages within the meaning of 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 Code
Section 3401(a)(2)). 
 If Compensation is currently defined as “wages, salaries, and fees for professional services .....,”
Compensation means wages, salaries, and fees for professional services and other amounts received (without regard to whether or not an amount is paid in cash) for personal services actually rendered in the course of employment with the Employer
maintaining the plan to the extent that the amounts are includible in gross income (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 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 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; 

  

					
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	 	4-44654

	 	(3)	amounts realized from the sale, exchange or other disposition of stock acquired under a statutory stock option; 

  

	 	(4)	other amounts that receive 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 (1) through (4) above. 

 The final regulations also allow (1) above to be further modified if the plan sponsor so chooses. This is an optional change that is allowed but is not required
by the final regulations. Mark the box below if this modification is to apply: 
  

	 	x	(1) above is modified to not exclude amounts received during the year by an employee pursuant to a nonqualified unfunded deferred compensation plan to the extent includible in
gross income. 

 For any Self-employed Individual, Compensation means Earned Income. 
 Except as provided herein, Compensation for a Limitation Year is the Compensation actually paid or made available (or if earlier, includible in gross
income) during such Limitation Year. Compensation for a Limitation Year shall include amounts earned but not paid during the Limitation Year solely because of the timing of pay periods and pay dates, provided the amounts are paid during the first
few weeks of the next Limitation Year, the amounts are included on a uniform and consistent basis with respect to all similarly situated employees, and no Compensation is included in more than one Limitation Year. 
 The final regulations allow this modification if the plan sponsor so chooses. This is an optional change that is allowed but is not required by the final regulations.
Mark the box below if this modification is not to apply: 
  

	 	 ̈	Such amounts shall not be included. 

 Compensation for a Limitation Year shall also include Compensation paid by the later of 2  1/2 months after an employee’s Severance from Employment with the Employer maintaining the plan or the end of the Limitation Year that includes the date of the employee’s Severance from
Employment with the Employer maintaining the plan, if 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. 
  

					
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 The final regulations also allow other types of post-severance Compensation to be included if the plan sponsor so
chooses. This is an optional change that is allowed but is not required by the final regulations. Mark the box below to include these other types of post-severance Compensation: 
  

	 	 ̈	 Compensation for a Limitation Year shall also include Compensation paid by the later of 2 1/2 months after an employee’s Severance from Employment with the Employer
maintaining the plan or the end of the Limitation Year that includes the date of the employee’s Severance from Employment with the Employer maintaining the plan, if: (i) 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 (ii) the 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 Limitation Year that includes the date of Severance from Employment, except, payments to an
individual who does not currently perform services for the Employer by reason of qualified military service (within the meaning of Code Section 414(u)(1)) to the extent these payments do not exceed the amounts the individual would have received
if the individual had continued to perform services for the Employer rather than entering qualified military service. 
 The final regulations also
provide another exception to the post-severance Compensation rules. This is an optional change that is allowed but is not required by the final regulations. Mark the box below and the applicable selection to include this type of post-severance
Compensation: 
  

	 	 ̈	Compensation shall also include post-severance Compensation paid to a Participant who is permanently and totally disabled, as defined in Code Section 22(e)(3), provided the
condition below is met. Select one of the following: 

  

	 	 ̈	Salary continuation applies to all Participants who are permanently and totally disabled for a fixed or determinable period. 

  

	 	 ̈	The Participant was not a highly compensated employee, as defined in Code Section 414(q), immediately before becoming disabled. 

 Back pay, within the meaning of section 1.415(c)-2(g)(8) of the regulations, shall be treated as Compensation for the Limitation Year to which the back
pay relates to the extent the back pay represents wages and compensation that would otherwise be included in this definition. 
 Compensation
paid or made available during such Limitation Year shall include amounts that would otherwise be included in Compensation but for an election under Code Section 125(a), 132(f)(4), 402(e)(3), 402(h)(1)(B), 402(k). or 457(b). 
 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 in the Plan to the extent the Compensation is excludible from gross income and is not effectively connected with the conduct of a trade or business within the United States. 
  

					
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	 	4-44654

 Defined Contribution Dollar Limitation means, effective for Limitation Years beginning after
December 31, 2001, $40,000, automatically adjusted under Code Section 415(d), effective January 1 of each year, as published in the Internal Revenue Bulletin. The new limitation shall apply to Limitation Years ending with or within
the calendar year of the date of the adjustment, but a Participant’s Annual Additions for a Limitation Year cannot exceed the currently applicable dollar limitation (as in effect before the January 1 adjustment) prior to January 1.
However, after a January 1 adjustment is made. Annual Additions for the entire Limitation Year are permitted to reflect the dollar limitation as adjusted on January 1. 
 Employer means the employer that adopts this Plan, and all members of a controlled group of corporations (as defined in Code Section 414(b) as
modified by Code Section 415(h)), all commonly controlled trades or businesses (as defined in Code Section 414(c), as modified, except in the case of a brother-sister group of trades or businesses under common control, by Code
Section 415(h)), or affiliated service groups (as defined in Code Section 414(m)) of which the adopting employer is a part, and any other entity required to be aggregated with the employer pursuant to Code Section 414(o). 

Limitation Year means the consecutive 12-month period defined in the CONTRIBUTION LIMITATION SECTION of Article III that was struck by this
amendment. If the Limitation Year is other than the calendar year, execution of this Plan (or any amendment to this Plan changing the Limitation Year) constitutes the Employer’s adoption of a written resolution electing the Limitation Year. If
the Limitation Year is amended to a different consecutive 12-month period, the new Limitation Year must begin on a date within the Limitation Year in which the amendment is made. 
 Maximum Annual Addition means, for Limitation Years beginning on or after January 1, 2002, except for catch-up contributions described in Code
Section 414{v), the Annual Addition that may be contributed or allocated to a Participant’s Account under the Plan for any Limitation Year. This amount shall not exceed the lesser of: 
  

	 	(1)	The Defined Contribution Dollar Limitation, or 

  

	 	(2)	100 percent of the Participant’s Compensation for the Limitation Year. 

 A Participant’s Compensation for a Limitation Year shall not include Compensation in excess of the limitation under Code Section 401(a)(17) that is in effect for the calendar year in which the Limitation
Year begins. 
 The compensation limitation referred to in (2) shall not apply to an individual medical benefit account (as defined in
Code Section 415(1), or a post-retirement medical benefits account for a key employee (as defined in Code Section 419A(d)(1)). 
 If
a short Limitation Year is created because of an amendment changing the Limitation Year to a different consecutive 12-month period, the Maximum Annual Addition will not exceed the Defined Contribution Dollar Limitation multiplied by the following
fraction: 
 Number of months (including any fractional parts of a month) 
 in the short Limitation Year 
 12 
 If the Plan is terminated as of a date other than the last day of the Limitation Year, the Plan is treated as if the Plan was amended to change the
Limitation Year and create a short Limitation Year ending on the date the Plan is terminated. 
  

					
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	 	4-44654

 If a short Limitation Year is created, the limitation under Code Section 401(a)(17) shall be
prorated in the same manner as the Defined Contribution Dollar Limitation. 
 Predecessor Employer means, with respect to a
Participant, a former employer if the Employer maintains a plan that provides a benefit which the Participant accrued while performing services for the former employer. Predecessor Employer also means, with respect to a Participant, a former entity
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. 
 Severance from Employment means an employee has ceased to be an employee of the Employer maintaining the plan. An employee does not have a
Severance from Employment if, in connection with a change of employment, the employee’s new employer maintains the plan with respect to the employee. 
  

	 	(b)	If the Participant does not participate in another defined contribution plan, as defined in section 1.415(c)-1(a)(2)(i) of the regulations (without regard to whether the plan(s)
have been terminated) maintained by the Employer, the amount of Annual Additions that may be credited to the Participant’s Account for any Limitation Year shall not exceed the lesser of the Maximum Annual Addition or any other limitation
contained in this Plan. If the Employer Contribution that would otherwise be contributed or allocated to the Participant’s Account would cause the Annual Additions for the Limitation Year to exceed the Maximum Annual Addition, the amount
contributed or allocated shall be reduced so that the Annual Additions for the Limitation Year will equal the Maximum Annual Addition. 

  

	 	(c)	If, in addition to this Plan, the Participant is covered under another defined contribution plan, as defined in section 1.415(c)-1(a)(2)(i) of the regulations, (without regard to
whether the plan(s) have been terminated) maintained by the Employer that provides an Annual Addition during any Limitation Year, the Annual Additions that may be credited to a Participant’s Account under this Plan for any such Limitation Year
will not exceed the Maximum Annual Addition, reduced by the Annual Additions credited to a Participant’s account under the other defined contribution plan(s) for the same Limitation Year. If the Annual Additions with respect to the Participant
under the other defined contribution plan(s) maintained by the Employer are less than the Maximum Annual Addition, and the Employer Contribution that would otherwise be contributed or allocated to the Participant’s Account under this Plan would
cause the Annual Additions for the Limitation Year to exceed this limitation, the amount contributed or allocated will be reduced so that the Annual Additions under all such plans and funds for the Limitation Year will equal the Maximum Annual
Addition. If the Annual Additions with respect to the Participant under the other defined contribution plan(s) in the aggregate are equal to or greater than the Maximum Annual Addition, no amount will be contributed or allocated to the
Participant’s Account under this Plan for the Limitation Year. 

  

	 	(d)	The limitation of this section shall be determined and applied taking into account the rules in subparagraph (e) below. 

  

					
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	 	(e)	Other Rules 

  

	 	(1)	Aggregating Plans. For purposes of applying the limitations of this section for a Limitation Year, all defined contribution plans (as defined in section 1.415(c)-1(a)(2)(i)
of the regulations and without regard to whether the plan(s) have been terminated) ever maintained by the Employer and all defined contribution plans of a Predecessor Employer (in the Limitation Year in which such Predecessor Employer is created)
under which a Participant receives Annual Additions are treated as one defined contribution plan. 

  

	 	(2)	Break-up of Affiliated Employers. The Annual Additions under a formerly affiliated plan (as defined in section 1.415(f)-1(b)(2)(ii) of the regulations) of the Employer are
taken into account for purposes of applying the limitations of this section for the Limitation Year in which the cessation of affiliation took place. 

  

	 	(3)	Previously Unaggregated Plans. The limitations of this section are not exceeded for the first Limitation Year in which two or more existing plans, which previously were not
required to be aggregated pursuant to section 1.415(f) of the regulations, are aggregated, provided that no Annual Additions are credited to a Participant after the date on which the plans are required to be aggregated if the Annual Additions
already credited to the Participant in the existing plans equal or exceed the Maximum Annual Addition. 

  

	 	(4)	Aggregation with Multiemployer Plan. If the Employer maintains a multiemployer plan, as defined in Code Section 414(f), and the multiemployer plan so provides, only the
Annual Additions under the multiemployer plan that are provided by the Employer shall be treated as Annual Additions provided under a plan maintained by the Employer for purposes of this section. 

 EXCESS AMOUNTS 
 This section modifies the EXCESS AMOUNTS SECTION of
Article III, if applicable. 
 Modification of the Definition of CONTRIBUTION PERCENTAGE. The definition of Contribution Percentage is modified
effective as of the first day of the first Plan Year beginning on or after July 1, 2007 as follows: 
 If the Plan Year and Limitation Year (as defined
in the CONTRIBUTION LIMITATION SECTION of Article III) are the same, Compensation for the Plan Year shall include amounts earned but not paid during the Plan Year solely because of the timing of pay periods and pay dates, provided the amounts are
paid during the first few weeks of the next Plan Year, the amounts are included on a uniform and consistent oasis with respect to all similarly situated Employees, and no Compensation is included in more than one Plan Year. 
 The final regulations allow this modification if the plan sponsor so chooses. This is an optional change that is allowed but is not required by the final regulations.
Mark the box below if this modification is not to apply: 
  

	 	 ̈	Such amounts shall not be included. 

  

					
	Subtype 110218	 	 10
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	 	4-44654

 AMENDMENTS TO SECTION 1.411(d)-3 OF THE REGULATIONS 
 The provisions of the following section are effective for Plan Years beginning on or after January 1, 2007. 
 AMENDMENTS 
 This section modifies the AMENDMENTS SECTION of Article
X, by striking the last sentence in the third paragraph and by striking the last paragraph in such section and substituting in lieu thereof the following: 
 An amendment shall not decrease a Participant’s vested interest in the Plan. If an amendment to the Plan (a deemed amendment in the case of a change in top-heavy status of the Plan, if applicable) changes the computation of the
percentage used to determine that portion of a Participant’s Account attributable to Employer Contributions which is nonforfeitable (whether directly or indirectly), in the case of an Employee who is a Participant as of the later of the date
such amendment or change is adopted or the date it becomes effective, the nonforfeitable percentage (determined as of such date) of such Employee’s right to his Account attributable to Employer Contributions shall not be less than the
percentage computed under the Plan without regard to such amendment or change. Furthermore, each Participant or former Participant 
  

	 	(c)	who has completed at least three Years of Service on the date the election period described below ends (five Years of Service if the Participant does not have at least one Hour of
Service in a Plan Year beginning after December 31, 1988) and 

  

	 	(d)	whose nonforfeitable percentage will be determined on any date after the date of the change 

 may elect, during the election period, to have the nonforfeitable percentage of his Account that results from Employer Contributions determined without regard to the amendment. This election may not be revoked. If
after the Plan is changed, the Participant’s nonforfeitable percentage will at all times be as great as it would have been if the change had not been made, no election needs to be provided. The election period shall begin no later than the date
the Plan amendment is adopted (deemed adopted in the case of a change in the top-heavy status of the Plan, if applicable) and end no earlier than the 60th day after the latest of the date the amendment is adopted (deemed adopted, if applicable) or
becomes effective, or the date the Participant is issued written notice of the amendment (deemed amendment, if applicable) by the Employer or the Plan Administrator. 
 For an amendment adopted after August 9, 2006, with respect to a Participant’s Account attributable to Employer Contributions accrued as of the later of the adoption or effective date of the amendment and
earnings, the vested percentage of the Participant will be the greater of the vested percentage under the old vesting schedule or the vested percentage under the new vesting schedule. 
 This amendment is made an integral part of the aforesaid Plan and is controlling over the terms of said Plan with respect to the particular items addressed expressly therein. All other provisions of the Plan remain
unchanged and controlling. 
 Unless otherwise stated on any page of this amendment, eligibility for benefits and the amount of any benefits payable to or on
behalf of an individual who is an Inactive Participant on the effective date(s) stated above, shall be determined according to the provisions of the aforesaid Plan as in effect on the day before he became an Inactive Participant. 
 Signing this amendment, the undersigned, as plan sponsor, has made the decision to adopt this plan amendment. The undersigned is acting in reliance on their own
discretion and on the legal and tax advice of their own advisors, and not that of any member of the Principal Financial Group or any representative of a member company of the Principal Financial Group. 
  

					
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 Signed this 18th day of December 2007. 
  

			
	 For the Employer

		
	 By:
	 	 

		 	 President/CEO

		 	Title

  

					
	Subtype 110218	 	 12
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	 	4-44654Lease Agreement

 Exhibit 10.1 
 SECOND AMENDMENT TO LEASE AGREEMENT 
 THIS SECOND AMENDMENT (hereinafter referred
to as the “Amendment”) dated this 12th day of November, 2007 (the
“Effective Date”), is made by and between CONTINENTAL OFFICES LTD., as agent for the owner of the beneficial interest in Chicago Tile Land Trust Company, as successor trustee to LaSalle National Bank under Trust No. 47948 and HOME
SCHOOL, INC. as Tenant. 
 WITNESSETH 
 WHEREAS, Landlord and Tenant entered into a Lease dated July 5, 2006 (hereinafter referred to as the “Original Lease”) for the rental of certain office premises which is identified as Suite 106
(hereinafter referred to as the “Premises”) in the building commonly known as Regency Office Plaza (hereinafter referred to as the “Building”) located at 2700 Des Plaines River Road, Des Plaines, IL 60018; and 
 WHEREAS, said Original Lease was amended by a First Amendment to Lease Agreement dated May 21, 2008 (hereinafter, the Original Lease and said
Amendments shall be collectively referred to as the “Lease”); and 
 WHEREAS, Tenant desires to extend the term of the Lease for
five (5) years (hereinafter referred to as the “Extended Term”); 
 NOW, THEREFORE, in consideration of the above premises and
the mutual promises and covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 
 1. As of the Effective Date, the Expiration Date of the Lease Amendment as stated in Section 2 shall be changed from December 31, 2008 to
December 31, 2013. 
 2. Effective January 1, 2009, the Base Rent during the Extended Term shall be as follows: 
  

										
	 Period from/to
	  	Annual Amount	  	Monthly Amount	  	Sq. Ft.
	 January 1, 2009 to December 31, 2009
	  	$	31,501.00	  	$	2,625.08	  	$	17.00
	 January 1, 2010 to December 31, 2010
	  	$	32,446.03	  	$	2,703.84	  	$	17.51
	 January 1, 2011 to December 31, 2011
	  	$	33,428.12	  	$	2,785.68	  	$	18.04
	 January 1, 2012 to December 31, 2012
	  	$	34,428.74	  	$	2,869.06	  	$	18.58
	 January 1, 2013 to December 31, 2013
	  	$	35,447.89	  	$	2,953.99	  	$	19.13

  

			
	Second Amendment to Lease Agreement	 	Page 1
	Home School	 	

 3. Notwithstanding anything herein to the contrary, Tenant shall be entitled to an abatement of Base
Rent, Expenses Per Rentable Square Foot and Taxes Per Rentable Square Foot (collectively, the “Abated Rent”) for the months of January 2009, February 2009 and March 2009 (collectively, the “Rent Abatement Periods”). If a
default under the Lease occurs at any time during the Term, the Abated Rent immediately shall become due and payable. The payment by Tenant of the Abated Rent following a default under the Lease shall not limit or affect any of Landlord’s
rights, pursuant to the Lease, at law or in equity. During the Rent Abatement Periods, only the Abated Rent shall be abated; all other costs and charges specified in the Lease shall remain as due and payable pursuant to the provisions of the Lease.

 4. As of the Effective Date, electricity used by Tenant in the Premises shall be paid for by Tenant, at Landlord’s option, either:
(i) by a separate charge payable by Tenant to Landlord; or (ii) by separate charge billed by the applicable utility company and payable directly by Tenant. Landlord shall have the right to separately meter electrical usage for the Premises
and to measure electrical usage by survey or other commonly accepted methods. Electrical service to the Premises may be furnished by one or more companies providing electrical generation, transmission and distribution services, and the cost of
electricity may consist of several different components or separate charges for such services, such as generation, distribution and stranded cost charges. Landlord shall have the exclusive right to select any company providing electrical service to
the Premises, to aggregate the electrical service for the Property and Premises with other buildings, to purchase electricity through a broker and/or buyers group and to change the providers and manner of purchasing electricity. 
 5. Effective January 1, 2009, the Base Year as provided in Section 1.01(m) of the Original Lease shall be deleted and “2009” shall be
inserted in its place. 
 6. Except as expressly modified in this Amendment, the Lease is hereby ratified and confirmed in all respects. Any
capitalized terms used in this Amendment shall have the same definition as that term has in the Lease unless otherwise provided for herein. In the event of any conflict between 

  

			
	Second Amendment to Lease Agreement	 	Page 2
	Home School	 	

 
the terms of this Amendment and the terms of the Lease, the terms of this Amendment shall control. Each of Continental Offices, Ltd., and Home School Inc.
hereby represents that it has the power and authority to enter into, and carry out the terms and provisions of this Amendment and Lease. 
  

							
	 Continental Offices Ltd., as agent for the owner of the beneficial interest in LaSalle Trust N.A.,
 as Trustee under Trust No. 47948
	 	HOME SCHOOL, INC.
		
	 /s/ Kevork M. Derderian
	 	 /s/ Thomas A. Morrow

	By:	 	Kevork M. Derderian	 	By:	 	 Thomas A. Morrow

	Title:	 	President	 	Title:	 	 Chairman & CEO

			
	Attested:	 		 	
		
	 /s/ Brandt T. Pfeifer
	 	  

	By:	 	Brandt T. Pfeifer	 	By:	 	  

	Title:	 	Director, Leasing/Marketing	 	Title:	 	  

  

			
	Second Amendment to Lease Agreement	 	Page 3
	Home School	 	

 WRITER’S EMAIL: brandt@colltd.com 
 WRITER’S DIRECT EXTENSION: 847.376.2004 
 WRITER’S DIRECT FAX: 847.376.2021 
 November 11, 2008 
 Denise Kowalski 
 Home School, Inc. 
 2700 River Road, Suite 106 
 Des Plaines, IL 60018 
  

	RE:	Regency Office Plaza, Suite 106 Amendment Proposal 

 Dear Ms Kowalski:

 As per our conversation, I’ve included a 3 month rent abatement up front. 
 I will draw up your Amendment when I hear back from you. 
  

			
	Commencement:	  	January 1, 2009.
		
	Premises:	  	The space proposed is 1,853 rentable square feet in Suite 106 at Regency Office Plaza.
		
	Landlord:	  	Ownership and management is Continental Offices, Ltd.
		
	Lease Term:	  	Five (5) Years
		
	Base Rent:	  	 $17.00 per rentable square foot.
 Rental rate does not
include electricity.

		
	Base Year:	  	2009
		
	Gross Rent Escalation:	  	In lieu of CPI, the base gross rent will increase annually by three percent (3%) per rentable square foot on each anniversary date of the lease term.
		
	Taxes & Operating:	  	Tenant will pay their proportionate share of real estate taxes and operating expenses, over their base year, as additional rent for each year of the term. We estimate our Taxes and Operating
Expenses will increase approximately 3% per year.
		
	Renewal Option:	  	Tenant shall have the right to renew the lease one (1) additional five (5) year term at the then current market rate, upon nine (9) months prior written notice.
		
	Electricity:	  	 Electricity will be billed separately based on the pro rata share.
 2008 estimates on electricity are approximately S1.92 psf.

		
	Rent Credit:	  	Notwithstanding anything herein to the contrary, so long as no default under the Lease shall have occurred. Tenant shall be entitled to an abatement of Base Rent (the “Abated Rent”)
for the 1st 3 full calendar months of the Term (the “Rent Abatement Period”), if Tenant signs for a five year Lease term.

			
		
		  	If a default occurs at any time during the Term, the Abated Rent immediately shall become due and payable. The payment by Tenant of the Abated Rent following a default shall not limit or affect
any of Landlord’s rights, pursuant to this Lease, at law or in equity.
		
	HVAC:	  	The HVAC system at Regency Office Plaza was completely renovated in 1997 with the latest in building automation providing individually controlled zones. Normal hours of operation are 7:00 am to
6:00 pm weekdays; 8:00 am to 1:00 pm Saturdays. Normal after hours HVAC rates are $55.00 per hour.
		
		  	Landlord maintains building HVAC system. In the event Tenant owns their own additional and separate HVAC unit, Tenant will be responsible for costs associated with maintenance and utility use.

		
	Cleaning and Maintenance Specifications:	  	Please see JANITORIAL SCHEDULE for a full description of our maintenance specifications.
		
	Parking:	  	The surface parking ratio is 3.7 per 1,000 square feet. All surface parking is free and ample spaces exist in close proximity to the building.
		
		  	Underground, covered/heated parking is available at S75.00 per month with limited space.
		
	Security & Access:	  	Regency Office Plaza is a 52 week per year, 7 days per week, 24 hours per day access building. The building maintains 24-hour access via a cardkey system, and surveillance cameras in common
areas of the building. This system is augmented by security guard staff.
		
	Storage Space:	  	There is storage space available in the lower level and the penthouse of the building. The rental rate is $8.00 per rentable square foot with annual 3% escalations throughout the lease term.

		
	Hazardous Materials	  	Landlord represents that there is no asbestos or other hazardous material in the premises or the building.
		
	ADA	  	All Common Areas comply with the ADA Act of January, 1992. Tenant will not bear its proportionate share of the cost of any future costs to comply with the ADA Act of 1992 during the term of
their lease.
		
	Amenities:	  	Please see PROJECT AMENITIES
		
	Representation:	  	IBT acknowledges Continental Offices Ltd. as the sole real estate representative in this transaction.

 We shall not be legally bound until this proposal has been reviewed and approved by the owner of Continental Office Plaza
and a lease has been executed and delivered. The general business terms and conditions of this proposal shall remain in effect through November 21, 2008, and are subject to be withdrawn by Landlord at any time prior to said date. 
 Please let me know if you have any questions on these proposed terms. 
 Sincerely, 
  

	
	 /s/ Brandt T. Pfeifer

	Brandt T. Pfeifer
	Director, Leasing & Marketing

 copy: Kevork M. Derderian 

 OFFICE LEASE AGREEMENT 
 DATED June 26, 2006 
 CONTINENTAL OFFICES LTD.,

 AS AGENT FOR THE OWNER OF THE BENEFICIAL INTEREST IN 
 LASALLE TRUST, N.A., AS TRUSTEE UNDER TRUST NO. 47948 
 AND 

 HOME SCHOOL, INC. 

 LEASE AGREEMENT 
 ARTICLE ONE 
 BASIC LEASE PROVISIONS 
 1.01 BASIC LEASE PROVISIONS - In the event that there is a conflict between these Basic Lease Provisions and any other provision in this Lease Agreement, such
other Lease provision shall control. 
  

	 	(a)	BUILDING AND SUITE: 

 Regency Office Plaza, Suite 106

 2700 Des Plaines River Road, Des Plaines, IL 60018 
  

	 	(b)	LANDLORD AND ADDRESS: 

 Continental Offices Ltd., as agent
for the owner of the beneficial interest in LaSalle Trust, 
 N.A., as Trustee under Trust No. 47948 
 Continental Office Plaza - Suite 300 
 2340
River Road, Des Plaines, IL 60018 
  

	 	(c)	TENANT AND CURRENT ADDRESS: 

 Home School, Inc. 

612 N. Chestnut Ave. 
 Arlington Heights,
Illinois, 60004 
  

					
	(d)	  	DATE OF LEASE:	  	June 26, 2006
			
	(e)	  	LEASE TERM:	  	Two (2) Years
			
	(f)	  	COMMENCEMENT DATE:	  	July 14, 2006
			
	(g)	  	EXPIRATION DATE:	  	July 13, 2008

  

	 	(h)	BASE RENT, subject to adjustment as provided herein: 

  

										
	 Period from/to
	  	Annual
Amount	  	Monthly
Amount	  	Sq. Ft.
	 July 14, 2006 to July 13, 2007
	  	$	33,354.00	  	$	2,779.50	  	$	18.00
	 July 14, 2007 to July 13, 2008
	  	$	34,354.62	  	$	2,862.89	  	$	18.54

  

	 	(i)	RENTABLE AREA OF THE BUILDING: 125,970 Square Feet 

  

	 	(j)	RENTABLE AREA OF THE PREMISES: 1,853 Square Feet 

  

	 	(k)	PROPORTIONAL SHARE OF OPERATING EXPENSES AND TAXES: (1.471%) 

  

			
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	 	(l)	SECURITY DEPOSIT: ($2,779.50) 

  

	 	(m)	BASE YEAR: 2006 

 1.02 ENUMERATION OF EXHIBITS. The exhibits set
forth below and attached to this Lease are incorporated in this Lease by this reference: 
  

			
	EXHIBIT A:	  	Plan of Premises
		
	EXHIBIT B:	  	Site Plan
		
	EXHIBIT C:	  	Rules and Regulations

 1.03 DEFINITIONS. For purposes hereof, the following terms shall have the following meanings: 

 

	 	(a)	ADDITIONAL RENT: Unless otherwise provided herein, all amounts due hereunder excluding Rent whether or not identified as Additional Rent in the Lease. 

  

	 	(b)	BASE YEAR: The year stated in Section 1.01(m). 

  

	 	(c)	BUILDING: The office building listed in Section 1.01(a). 

  

	 	(d)	CALCULATION YEAR: The calendar year for which a Rent Adjustment computation is being made. 

  

	 	(e)	COMMENCEMENT DATE: The date specified in Section 1.01(f). 

  

	 	(f)	COMMON AREAS: All areas of the Real Property made available by Landlord from time to time for the general common use or benefit of the tenants of the Building, and their employees
and invitees, or the public, as such areas currently exist and as they may be changed from time to time. 

  

	 	(g)	DEFAULT RATE: Two percent [2%] above the prime rate of interest of Bank One, NA, (or its successor) in effect on the date of payment, or at the maximum legal rate of interest,
allowed by law, if such maximum legal rate is applicable and lower. 

  

	 	(h)	ENVIRONMENTAL LAWS: Any Law governing the use, storage, disposal or generation of any Hazardous Material, including, without limitation, the Comprehensive Environmental Response
Compensation and Liability Act of 1980, as amended, and the Resource Conservation and Recovery Act of 1976, as amended. 

  

	 	(i)	EXPIRATION DATE: The date specified in Section 1.01(g). 

  

	 	(j)	FORCE MAJEURE: Any war, insurrection, civil commotion, riots, acts of God or the enemy, governmental action, repairs, renewals, improvements, alternations, strikes, lockouts,
picketing, whether legal or illegal, accidents, casualty, inability of Landlord to obtain fuel or supplies, energy shortages, or any other cause or causes beyond the reasonable control of Landlord. 

  

	 	(k)	HAZARDOUS MATERIAL: Such substances, material and wastes which are or become regulated under any Environmental Law; or which are classified as hazardous or toxic under any
Environmental Law; and explosives and firearms, radioactive material, asbestos, and polychlorinated biphenyl. 

  

			
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	 	(l)	INDEMNITIES: Collectively, Landlord, any Mortgagee, any ground lessor of the Property, the property manager, the leasing manager and all of their respective beneficiaries,
shareholders, directors, officers, agents and employees. 

  

	 	(m)	LAND: The parcels of real estate on which the Building is located. 

  

	 	(n)	LANDLORD’S STATEMENT: A written statement compiled by Landlord, at Landlord’s sole discretion, setting forth the Projections for the appropriate Calculation Year, and
providing a calculation of the Rent Adjustment Deposit based on such Projections to become effective as of the first day of January of each calendar year. 

  

	 	(o)	LEASE: This Lease Agreement and all exhibits and riders attached hereto, as may be amended from time to time. 

  

	 	(p)	MONTHLY BASE RENT: The monthly rent specified in Section 1.01(h). 

  

	 	(q)	MORTGAGEE: Any holder of a mortgage, deed of trust or other security instrument encumbering the Property. 

  

	 	(r)	OPERATING EXPENSES: All costs and expenses of every, kind and nature associated with the management, maintenance, repair, replacement, ownership and operation of the Property,
including, without limitation, landscaping and parking areas and the personal property used in conjunction therewith with the exception of (i) costs of alterations of the premises of tenants of the Building, (ii) depreciation charges,
(iii) interest and principal payments on mortgages, (iv) capital improvements which increase the number of square feet in the Building, and (v) expenditures for which Landlord has been reimbursed, including by payment from other tenants or
insurance proceeds (other than pursuant to rent adjustment provisions in leases). 

  

	 	(s)	PREMISES: The space located in the Building commonly identified as the suite stated in Section 1.01(a) and as depicted on Exhibit A attached hereto. 

 

	 	(t)	PROJECTIONS: Landlord’s reasonable estimates of Operating Expenses and Taxes for the Calculation Year. 

  

	 	(u)	PROPERTY: The Building, the Land and any other improvements located on the Land, including, without limitation, any parking structures and the personal property, fixtures,
machinery, equipment, systems and apparatus located in or used in conjunction with the foregoing. 

  

	 	(v)	PROPORTIONAL SHARE OF OPERATING EXPENSES AND TAXES: The percentage as stated in Section 1.01(k). 

  

	 	(w)	REAL PROPERTY: The Property excluding any personal property. 

  

			
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	 	(x)	RENT: Collectively, Monthly Base Rent, Rent Adjustments, Additional Rent and all other charges, payments, late fees or other amounts required to be paid by Tenant under this Lease.

  

	 	(y)	RENTABLE AREA OF THE BUILDING: The amount of square footage set forth in Section 1.01(i). 

  

	 	(z)	RENTABLE AREA OF THE PREMISES: The amount of square footage set forth in Section 1.01(j). 

  

	 	(aa)	RENT ADJUSTMENT: Any amount owed by Tenant resulting from an increase in Operating Expenses or Taxes pursuant to Article 3 of this Lease. 

  

	 	(bb)	RENT ADJUSTMENT DEPOSIT: Amount which shall be equal to Landlord’s estimate of the Rent Adjustment due for the Calculation Year. 

  

	 	(cc)	SECURITY DEPOSIT: The amount specified in Section 1.01(l), if any, deposited by Tenant with Landlord as security for Tenant’s performance of its obligations under this
Lease. 

  

	 	(dd)	TAXES: Real estate taxes, assessments, sewer rents, rates and charges, transit taxes, taxes based upon the receipt of rent, and any other federal, state or local governmental
charge, general, special, ordinary or extraordinary (but not including income or franchise taxes or any other taxes imposed upon or measured by Landlord’s income or profits, unless the same shall be imposed in lieu of real estate taxes and
other ad valorem taxes), which may now or hereafter be levied or assessed against the Property. In case of special taxes or assessments which may be payable in installments, only the amount of each installment paid during a calendar year shall be
included in Taxes for that year. Taxes shall also include any personal property taxes imposed upon the furniture, fixtures, machinery, equipment apparatus, systems and appurtenances used in connection with said Building for the operation thereof.
Taxes shall also include amounts paid to anyone hired by Landlord to contest the amount of any assessment of the Property or the rate of taxation or the legality of the imposition of any component of the Taxes upon the Property. The Taxes
“attributable to” or “for” a calendar year for the purposes of this Lease shall be those assessed for such year, even though not due and payable until a subsequent year. 

  

	 	(ee)	TERM: The term of this Lease commencing on the Commencement Date and expiring on the Expiration Date, unless sooner terminated as provided for in this Lease.

 ARTICLE TWO 
 PREMISES AND TERM 
 2.01 LEASE OF PREMISES. Landlord hereby leases to Tenant, and Tenant leases from Landlord the Premises for the
Term and upon the conditions provided in the Lease, to be occupied and used by the Tenant for general offices and any other lawful purpose which does not conflict with exclusive rights granted to other tenants in the Building and no other purpose,
subject to the agreements herein contained. This Lease does not grant any rights to air over property. 
  

			
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 2.02 EARLY OCCUPANCY. If the Premises are ready for occupancy prior to the Commencement Date and Tenant occupies
the Premises prior to said date. Tenant shall be subject to all the terms, covenants and conditions of the Lease, including the payment of Rent for the period of occupancy prior to the Commencement Date at the proportionate rental to the rent
reserved herein. 
 2.03 FAILURE TO GIVE POSSESSION. If Landlord shall be unable to give possession of the Premises on the Commencement Date by reason
of any of the following: (i) Landlord has not completed its preparation of the Premises, (ii) Landlord is unable to give possession of the Premises by reason of the holding over or retention of possession of any tenant, tenants or
occupants, or (iii) for any other reason, Landlord shall not be subject to any liability for the failure to give possession on said date. Under such circumstances the rent reserved and covenanted to be paid herein shall not commence until the
Premises are available for occupancy by Tenant, and no such failure to give possession on the Commencement Date shall affect the validity of this Lease or the obligations of Tenant hereunder, nor shall the same be construed to extend the Term of
this Lease. The Premises shall not be deemed to be unready for Tenant’s occupancy or incomplete if only minor or insubstantial details of construction, decoration or mechanical adjustments remain to be done in the Premises or any part thereof,
or if special work, changes, alterations or additions required or made by Tenant in the layout or finish of the Premises or any part thereof or shall be caused in whole or in part by Tenant through the delay of Tenant in submitting plans, supplying
information, approving plans, specifications or estimates, giving authorizations or otherwise or shall be caused in whole or in part by delay and/or default on the part of Tenant, its agents, employees, representative or subtenants. In the event of
any dispute as to whether the Premises are ready for Tenant’s occupancy, the decision of Landlord’s architect shall be final and binding on the parties. 
 2.04 CONDITION OF PREMISES. Tenant’s taking possession shall be conclusive evidence that the Premises were in good order and satisfactory condition when Tenant took possession. No promise of Landlord to alter, remodel, decorate,
clean or improve the Premises or the Building and no representation respecting the condition of the Premises or the Building have been made by Landlord to Tenant, unless the same is contained herein, or made a part hereof, or in a written document
signed by Landlord. 
 ARTICLE THREE 
 RENT 
 3.01 RENT. Tenant shall pay Rent to Landlord, including, without limitation. Monthly Base Rent and Rent
Adjustment, or to such other person or at such other place as Landlord may direct in writing, monthly in advance on or before the first day of each month of the Term, except that Tenant shall pay the first such monthly installment on the execution
hereof. If the Term commences other than on the first day of a month or ends other than on the last day of the month, the Rent for such month shall be prorated, and the prorated Rent for the portion of the month in which the Term commences shall be
paid at the time of execution of this Lease in addition to the Rent for the first full month. All such Rent shall be paid without any set-off or deduction whatsoever. Unpaid Rent shall bear interest at the Default Rate from the date due until paid.
Tenant’s covenant to pay Rent shall be independent of every other covenant in this Lease. Time is of the essence of this Lease. 
 3.02 RENT
ADJUSTMENT. If the total amount of either or both Taxes or Operating Expenses attributable to any calendar year of the Term is greater than the total amount of either or both Taxes or Operating Expenses for the Base Year, then Tenant shall pay
Landlord as a Rent Adjustment for such calendar year, an amount equal to the product of the Proportional Share of Operating Expenses and Taxes multiplied by such excess amount of Taxes or Operating Expenses for that calendar year, as the case may
be. If the last year of the Term of this Lease ends on any day other than the last day of December, any payment due to Landlord for Rent Adjustment shall be prorated, and Tenant shall pay any amount due to Landlord within thirty (30) days after
being billed therefore. 
  

			
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 3.03 PAYMENT OF RENT ADJUSTMENT DEPOSITS. Tenant shall pay Landlord one-twelfth ( 1/12) of the then applicable amount of the Rent Adjustment
Deposit, in the same manner as Base Rent, on the first day of each month during the Term commencing with the first day of the calendar year following the Base Year if the Commencement Date falls within the Base Year, or commencing on the
Commencement Date, if the Commencement Date falls within a year following the Base Year. The amount payable for Rent Adjustment Deposits shall be subject to readjustment based on actual experience as provided in Section 3.04 and 3.05.

 3.04 ESTIMATE OF RENT ADJUSTMENT DEPOSIT. For purposes of estimating Rent Adjustment due for the Calculation Year, Landlord shall make
Projections of Operating Expenses and Taxes for said Calculation Year. Landlord shall deliver to Tenant the Landlord’s Statement (i) setting forth the Projections for the appropriate Calculation Year, and (ii) providing a calculation
of the Rent Adjustment Deposit based on such Projections, to become effective as of January 1st of each calendar year; provided, however, that the failure of Landlord to provide any such statement shall not relieve Tenant from its obligation to
continue to pay the Rent Adjustment Deposit at the rate then in effect under this Lease, and if and when Tenant receives such statement from Landlord, Tenant shall pay any increase (or receive credit for any decrease) to the Rent Adjustment Deposit
reflected thereby effective retroactively to the most recent preceding January 1st. If any unexpected increase (or decrease) in Operating Expenses for the Property occurs after preparation of the Projections which results in a projected
increase or decrease of five percent (5%) or more in such Operating Expenses, the Projections may be revised and the Rent Adjustment Deposit shall be recalculated based upon the revised Projections. The Projections may also be revised whenever
more current information is received about the Taxes, and, if revised, the Rent Adjustment Deposits shall be recalculated based upon the revised Projections. After the end of each calendar year, Operating Expenses and Taxes shall be calculated and
an appropriate adjustment made as provided herein in Section 3.05. 
 3.05 READJUSTMENT FOR ACTUALS. As soon as reasonably feasible after the
expiration of each calendar year, or at such later time as Landlord shall be able to determine the actual amounts of Operating Expenses and Taxes for such Calculation Year, Landlord shall notify Tenant in writing of such actual amounts and the
actual amount of the Rent Adjustment. If the total Rent Adjustment Deposit paid by Tenant during such calendar year exceeded the Rent Adjustment thereof payable for such Calculation Year based upon actual Operating Expenses and Taxes for such
Calculation Year, then Landlord shall credit such excess to installments of Rent payable after the date of Landlord’s notice until such excess had been exhausted, or if this Lease shall expire prior to full application of such excess, Landlord
shall pay to Tenant the balance thereof not theretofore applied against Rent. If the Rent Adjustment based on actual Operating Expenses and Taxes exceeds the Rent Adjustment Deposits paid by Tenant during such Calculation Year, then Tenant shall,
within thirty (30) days after the date of written notice from Landlord, pay to Landlord an amount equal to the additional Rent Adjustment payable for the Calculation Year last ended based upon actual Operating Expenses and Taxes for such year
over the total Rent Adjustment Deposits paid by Tenant during such Calculation Year. The obligation to make such payments shall survive the expiration or earlier termination of the Term. 
 3.06 PARTIAL OCCUPANCY. If the Building is not fully occupied during all or a portion of any Calculation Year, then Landlord may elect to make an appropriate adjustment of Taxes for such Calculation Year
employing sound accounting and management principles, to determine the amount of Taxes that would have been attributed to the Tenant had the Building been fully occupied, and the amount so determined shall be deemed to have been the amount of Taxes
for such Calculation Year. If the Building is less than fully occupied during all or a portion of any Calculation Year, then Landlord shall 

  

			
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make an appropriate adjustment of the Operating Expenses for such year, employing sound accounting management principles to determine the amount of Operating
Expenses that would have been paid or incurred by Landlord had the Building been fully occupied, and the amount so determined shall be deemed to have been the amount of Operating Expenses for such Calculation Year. 
 3.07 BOOKS AND RECORDS. Landlord shall maintain books and records showing Operating Expenses and Taxes in accordance with sound accounting and management
practices. Tenant or its representative (whose representative shall be a certified public accountant licensed to do business in Illinois) shall have the right to audit the Landlord’s books and records with respect to the items in the foregoing
statements of Operating Expenses and Taxes during normal business hours at any time within ten (10) days following the furnishing by Landlord to Tenant of such statements and after the execution by Tenant and its representative of a confidentiality
agreement prepared by Landlord. Unless Tenant shall take written exception to any item within thirty (30) days after the furnishing of the foregoing statement, such statement shall be considered as final and accepted by Tenant. Any amount due
to Landlord as shown on any such statement whether or not disputed by Tenant shall be paid by Tenant when due as provided herein, without prejudice to any such written exception. 
 ARTICLE FOUR 
 SERVICES 
 4.01 SERVICES. Landlord, as long as Tenant is not in default under any of the covenants of this Lease, shall furnish the following services: 
  

	 	(a)	Air-cooling when necessary to provide a temperature condition required for comfortable occupancy of the Premises under normal business operations, daily from 8:00 A.M. to 6:00 P.M.
and on Saturdays from 8:00 A.M. to 1:00 P.M., Sundays and holidays excepted. Wherever heat generating machines or equipment are used by Tenant in the Premises which effect the temperature, otherwise maintained by the air-cooling system, Landlord
reserves the right to install supplementary air-conditioning units in the demised premises and the expense of installation shall be paid by Tenant. The expense resulting from the operation and maintenance of the supplementary air conditioning system
shall be paid by the Tenant to the Landlord at rates fixed by Landlord. The Landlord agrees to furnish heat to the demised premises, as required by law, on business days from 8:00 A.M. to 6:00 P.M., Saturdays from 8:00 A.M. to 1:00 P.M., Sundays and
holidays excepted. If Tenant requests Landlord to supply heat or air conditioning at times other than such hours, then upon at least 24 hours advance notice to Landlord, Landlord will supply the necessary heat or air conditioning at rates set by
Landlord. 

  

	 	(b)	Hot and cold water in common with other tenants of the Building for drinking, lavatory and toilet purposes drawn through fixtures installed in the Common Area by Landlord. Tenant
shall pay Landlord at rates fixed by Landlord for water furnished for any other purpose. Tenant shall not waste or permit the waste of water. If Tenant fails to pay within five (5) days Landlord’s charges for water, Landlord, upon not less
than ten (10) days’ notice, may, in addition to any other remedy provided in this Lease, discontinue furnishing that service and no such discontinuance shall be deemed an eviction or disturbance of Tenant’s use of the Premises or
render Landlord liable for damages or relieve Tenant from any obligation. 

  

			
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	 	(c)	Janitor service and customary cleaning in and about the Premises and of the Common Area on a daily basis (Saturdays, Sundays and holidays excepted). Tenant shall not provide any
janitor services or cleaning in the Premises without the written consent by Landlord. 

  

	 	(d)	Window washing of all windows on the exterior walls of the Building located in the Premises, both inside and out, at such times as shall be required in Landlord’s sole
judgment. 

  

	 	(e)	A parking area as shown on Exhibit B to be used by Tenant, in common with Landlord and other tenants in the Building, for passenger vehicles. 

  

	 	(f)	Passenger elevator service in common with Landlord and other tenants, daily from 8:00 A.M. to 6:00 P.M., Saturdays from 8:00 A.M. to 1:00 P.M., Sundays and holidays excepted, and
freight elevator service in common with Landlord and other tenants, daily from 8:00 A.M. to 5:00 P.M., Saturdays, Sundays and holidays excepted. Such normal elevator service, passenger or freight, if furnished at other times shall be optional with
Landlord and shall never be deemed a continuing obligation. The Landlord, however, shall provide limited passenger elevator service daily at all times such normal passenger service is not furnished. Automatic elevator service shall be deemed
“elevator service” within the meaning of this paragraph. 

  

	 	(g)	Electricity for standard lighting fixtures provided by Landlord (not to exceed 260 hours per month) and for Tenant’s incidental uses. Maintenance of lighting fixtures and
replacement of lamps shall be furnished by Landlord at Tenant’s expense. In respect to such incidental uses, electricity will be furnished in the premises by Landlord to Tenant without charge, provided that (i) the connected electrical
load of the incidental use equipment does not exceed an average of one watt per square foot of the premises; (ii) the electricity so furnished for incidental uses will be at nominal 120 volts and no electrical circuit for the supply of such
incidental use will have a current capacity exceeding 15 amperes; and (iii) such electricity will be used only for equipment and accessories normal to office usage. If Tenant’s requirements for electricity for incidental uses are in excess
of those set forth in the preceding sentence, the Landlord reserves the right to require Tenant to procure electricity for such excess incidental use requirements at the Tenant’s expense by arrangement with a local utility company.

 4.02 PHONE SERVICES. Landlord shall at Tenant’s expense, install and maintain all conduit and cable between (i) the
Ameritech Demark Board in the Building and (ii) an agreed point of entry in the Premises. Alternatively, Landlord may authorize a third party contractor to provide this service on an exclusive basis for the Building, in which case Tenant shall
pay such contractor directly for such installation and maintenance. Tenant acknowledges that making such cabling the responsibility of a single party is reasonable and necessary to achieve security, efficiency, coordination and accountability.
Whether such cabling is undertaken by Landlord or an exclusive contractor. Tenant agrees that neither Landlord nor such contractor shall be liable for any loss, cost or damage suffered by Tenant as a result of cabling installation and maintenance
except to the extent caused by the negligence or willful misconduct of the party doing such work and that any such claim shall be limited to bodily injury, death or damage to property. Tenant hereby waiving and releasing any claim for consequential
damages resulting from an interruption of service. 
 4.03 DELAYS IN FURNISHING OR INTERRUPTION OF SERVICES. Landlord does not warrant that any of the
services above mentioned will be free from interruptions caused by Force Majuere. Any such interruption of service shall never be deemed an eviction or disturbance of Tenant’s use and possession of the Premises or any part thereof, or render
Landlord liable to Tenant for damages, or relieve Tenant from performance of Tenant’s obligations under this Lease. 
  

			
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 ARTICLE FIVE 
 USE OF PREMISES 
 5.01 USE OF PREMISES. Tenant shall occupy and use the Premises during the Term for the
purpose above specified in Section 2.01 and none other. 
 5.02 EXCLUSIVE RIGHTS. Tenant will not make nor permit to be made any use of the
Premises which conflicts with exclusive rights granted to any other tenant of the Building. 
 5.03 LAWFUL USE. Tenant will not make nor permit to be
made any use of the Premises which directly or indirectly is forbidden by public law, ordinance or governmental regulation or which may be dangerous to persons or property, or which may invalidate or increase the premium cost of any policy of
insurance carried on the Building or covering its operations. Tenant shall not do, nor permit to be done, any act or thing upon the Premises which will be in conflict with fire insurance policies covering the Building. Tenant, at its sole expense,
shall comply with all rules, regulations or requirements of the local Inspection and Rating Bureau, or any other similar body, and shall not do, nor permit anything to be done upon the Premises, or bring or keep anything thereon in violation of
rules, regulations or requirements of the Fire Department, local Inspection and Rating Bureau, Fire Insurance Rating Organization or other authority having jurisdiction and then only in such quantity and manner of storage as not to increase the rate
of fire insurance application to the Building. 
 5.04 RULES CONCERNING USE OF PREMISES. Tenant agrees to abide by the Landlord’s rules
concerning the use of the Premises. Such rules are attached hereto as Exhibit C. 
 5.05 ACCESS TO PREMISES. Tenant shall permit Landlord to erect,
use and maintain pipes, ducts, wiring and conduits in and through the Premises. Landlord or its agents shall have the right to enter upon the Premises, to inspect the same, to perform janitorial and cleaning services and to make such decorations,
repairs, alterations, improvements or additions to the Premises or the Building as Landlord may deem necessary or desirable, and Landlord shall be allowed to take all material into and upon said Premises that may be required therefor without the
same constituting an eviction of Tenant in whole or in part and the rent reserved shall in no way abate while said decorations, repairs, alterations, improvements, or additions are being made, by reason of loss or interruption of business of Tenant,
or otherwise. If Tenant shall not be personally present to open and permit an entry into said Premises, at any time, when for any reason an entry therein shall be necessary or permissible, Landlord or its agents may enter the same by a master key,
or may forcibly enter the Premises, without rendering Landlord or such agents liable therefore (if during such entry Landlord or its agents shall accord reasonable care to Tenant’s property), and without in any manner affecting the obligations
and covenants of this Lease. Nothing herein contained, however, shall be deemed or construed to impose upon Landlord any obligations, responsibility or liability whatsoever, for the care, supervision or repair of the Building or any part thereof,
other than as herein provided. Landlord shall also have the right at any time, without the same constituting an actual or constructive eviction and without incurring any liability to Tenant therefor, to change the arrangement and/or location of
entrances or passageways, doors and doorways, and corridors, elevators, stairs, toilets or public parts of the Building, and to close entrances, doors, corridors, elevators or other facilities. Landlord shall not be liable to Tenant for any expense,
injury, loss or damage resulting from work done in or upon, or the use of, any adjacent or nearby building, land, street or alley. 
  

			
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 5.06 LIABILITY FOR VIOLATION OF USE PROVISIONS. In addition to all other liabilities for breach of any covenant of
this Article Five, Tenant shall pay to Landlord all damages caused by such breach and shall also pay to Landlord an amount equal to any increase in insurance premium or premiums caused by such breach. Any violation of this Article Five may be
restrained by injunction. Tenant shall be liable to Landlord for all damages resulting from violation of any of the provisions of this Article Five. Landlord shall have the right to make such reasonable rules and regulations as Landlord or its agent
may from time to time adopt on such reasonable notice to be given as Landlord may elect. Nothing in this Lease shall be construed to impose upon Landlord any duty or obligation to enforce provisions of this Article Five or any rules and regulations
hereafter adopted, or the terms, covenants or conditions of any other lease as against any other tenant, and Landlord shall not be liable to Tenant for violation of the same by any other tenant, its servants, employees, agents, visitors or
licensees. 
 5.07 HAZARDOUS MATERIALS. Tenant and Landlord shall each comply with all Environmental Laws concerning the proper storage, handling and
disposal of any Hazardous Material with respect to the Property. Tenant shall not generate, store, handle or dispose of any Hazardous Material in, on, or about the Property without the prior written consent of Landlord. In the event that Tenant is
notified of any investigation or violation of any Environmental Law arising from Tenant’s activities at the Premises, Tenant shall immediately deliver to Landlord a copy of such notice. In such event or in the event Landlord reasonably believes
that a violation of Environmental Law exists, Landlord may conduct such tests and studies relating to compliance by Tenant with Environmental Laws or the alleged presence of the Hazardous Materials upon the Premises as Landlord deems desirable, all
of which shall be completed at Tenant’s expenses. Landlord’s inspection and testing rights are for Landlord’s own protection only, and Landlord has not, and shall not be deemed to have assumed any responsibility to Tenant or any other
party for compliance with Environmental Laws, as a result of the exercise, or non-exercise of such rights. Tenant shall indemnify, defend, protect and hold harmless the Indemnities from any and all loss, claim, expense, liability and cost (including
attorneys’ fees) arising out of or in any way related to the presence of any Hazardous Material introduced to the Premises during the Lease Term by any party other than Landlord. If any Hazardous Material is released, discharged or disposed of
on or about the Property and such release, discharge or disposal is not caused by Tenant or other occupants of the Premises, or their employees, agents or contractors, such release, discharge or disposal shall be deemed casualty damage under Article
Thirteen to the extent that the Premises are affected thereby; in such case, Landlord and Tenant shall have the obligations and rights respecting such casualty damage provided under such Article. 
 ARTICLE SIX 
 MAINTENANCE AND
ALTERATIONS 
 6.01 CARE AND MAINTENANCE. Subject to the provisions of Article Thirteen, Tenant shall, at Tenant’s own expense, keep the
Premises in good order, condition and repair during the Term. If Tenant does not make repairs promptly and adequately, Landlord may, but need not, make repairs, and Tenant shall promptly pay the cost thereof. Tenant shall pay Landlord for overtime
and for any other expense incurred in the event repairs, alterations, decorating or other work in the Premises are not made during ordinary business hours at Tenant’s request. 
 6.02 ALTERATIONS. There shall be no painting or decorating, carpet installation, or erection of any partitions, any alterations in or additions to the Premises or any nailing, boring or screwing into the
ceilings, walls or floors, without Landlord’s prior written consent in each and every instance. All such work shall be performed by or under the direction of Landlord, but at the cost of Tenant. Landlord’s decision to refuse such consent
shall be conclusive. All additions, decorations, fixtures, hardware, non-trade fixtures and all improvements, temporary or permanent, in or upon the Premises, whether placed there by Tenant or by 

  

			
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Landlord, shall, unless Landlord requests their removal, become Landlord’s property and shall remain upon the Premises at the termination of this Lease
by lapse of time or otherwise without compensation or allowance or credit to Tenant. If, upon Landlord’s request for removal. Tenant does not remove said additions, decorations, fixtures, hardware, non-trade fixtures and improvements. Landlord
may remove the same and Tenant shall pay the cost of such removal to Landlord upon demand. 
 ARTICLE SEVEN 
 INSURANCE 
 7.01 LANDLORD’S INSURANCE.
Landlord shall maintain insurance covering the Building (including any of the improvements installed by Landlord in the Premises) against loss, damage or destruction by fire and the perils specified in the standard extended coverage endorsement.

 7.02 TENANT’S INSURANCE. Tenant, at Tenant’s expense, shall purchase and maintain insurance during the entire Term of the Lease for the
benefit of Tenant and Landlord (as their interest may appear) with terms, coverages and in companies satisfactory to Landlord. Tenant agrees to adjust the amounts or type of coverage set forth herein if the customs or standards in the leasing
community change during the Term of this Lease, but initially Tenant shall maintain the following coverages in the following amounts: 
  

	 	(a)	Commercial General Liability Insurance on an occurrence basis with a minimum limit of liability in an amount of One Million and No/100 Dollars ($1,000,000.00) for bodily injury,
personal injury, or death to any one person and One Million and No/100 Dollars ($1,000,000.00) for bodily injury, personal injury or death to more than one person, and One Million and No/100 Dollars ($1,000,000.00) with respect to damage to property
including water and sprinkler damage for each occurrence; 

  

	 	(b)	Commercial Automobile Insurance covering all owned, non-owned and hired automobiles of Tenant including the loading and unloading of any automobile with limits of liability of not
less than One Million and No/100 Dollars ($1,000,000.00) for bodily injury to any one person and One Million and No/100 Dollars ($1,000,000.00) for each accident and One Million and No/100 Dollars ($1,000,000.00) for property damage for each
accident; 

  

	 	(c)	Insurance against fire, with extended coverage and vandalism and malicious mischief endorsements, in an amount adequate to cover the full replacement value of all leasehold
improvements, Tenant’s personal property, machinery, equipment, moveable partitions, office furniture, trade fixtures, and wall and floor coverings in the Premises. (Such insurance shall be written on an “all risks” of physical loss
or damage basis, for the full replacement cost value of the covered items and in amounts that meet any coinsurance clauses of the policies of insurance.); 

  

	 	(d)	Excess Umbrella Insurance in an amount of Two Million and No/100 Dollars ($2,000,000.00); and 

  

	 	(e)	Workmen’s Compensation insurance in not less than the statutory amounts outlined by the State of Illinois. 

 7.03 DEDUCTIBLE. The policies referred to in Section 7.02(a) shall name Landlord, the beneficiaries of Landlord and their respective agents and employees as
additional insureds and shall not provide for deductible amounts in excess of $1,000.00. Each policy referred to in Section 7.02 shall be issued by one or 

  

			
	Lease Agreement	  	Page 11

 
more responsible insurance companies reasonably satisfactory to Landlord and shall contain the endorsement that such insurance may not be canceled or amended
without thirty (30) days’ prior written notice to Landlord and its beneficiaries. 
 7.04 CERTIFICATE OF INSURANCE. Tenant shall deliver to
Landlord certificates of insurance of all policies and renewals thereof to be maintained by Tenant hereunder, not less than ten (10) days prior to the commencement of the Term and not less than ten (10) days prior to the expiration date of
each policy. 
 7.05 WAIVER OF SUBROGATION. 
  

	 	(a)	Landlord agrees that, if obtainable at no, or minimal, additional cost, it will include in its “All Risks” policies appropriate clauses pursuant to which the insurance
companies (i) waive all right of subrogation against Tenant with respect to losses payable under such policies and/or (ii) agree that such policies shall not be invalidated should the insured waive in writing prior to a loss any or all
right of recovery against any party for losses covered by such policies. 

  

	 	(b)	Tenant agrees to include, if obtainable at no, or minimal, additional cost, in its “All Risks” insurance policy or policies on its furniture, furnishings, fixtures and
other property removable by Tenant under the provisions of its lease of space in the Building appropriate clauses pursuant to which the insurance company or companies (i) waive the right of subrogation against Landlord and/or any tenant of
space in the Building with respect to losses payable under such policy or policies and/or (ii) agree that such policy or policies shall not be invalidated should the insured waive in writing prior to a loss any or all right of recovery against
any party for losses covered by such policy or policies. If Tenant is unable to obtain in such policy or policies either of the clauses described in the preceding sentence, Tenant shall, if legally possible and without necessitating a change in
insurance carriers, have Landlord named in such policy or policies as an additional insured. If Landlord shall be named as an additional insured in accordance with the foregoing, Landlord agrees to endorse promptly to the order of Tenant, without
recourse, any check, draft, or order for the payment of money representing the growing out of or connected with said policies, and Landlord does hereby irrevocably waive any and all rights in and to such proceeds and payments.

  

	 	(c)	Provided that Landlord’s right of full recovery under its policy or policies aforesaid is not adversely affected or prejudiced thereby, Landlord hereby waives any and all right
of recovery which it might otherwise have against Tenant, its servants, agents and employees, for loss or damage occurring to the Building and the fixtures, appurtenances and equipment therein, to the extent the same is covered by Landlord’s
insurance, notwithstanding that such loss or damage may result from the negligence or fault of Tenant, its servants, agents or employees. Provided that Tenant’s right of full recovery under its aforesaid policy or policies is not adversely
affected or prejudiced thereby, Tenant hereby waives any and all right of recovery which it might otherwise have against Landlord, its servants, and employees and against every other tenant in the Building who shall have executed a similar waiver as
set forth in this Section 7.05(c) for loss or damage to tenant’s furniture, furnishings, fixtures and other property removable by Tenant under the provisions hereof to the extent that same is covered by Tenant’s insurance,
notwithstanding that such loss or damage may result from the negligence or fault to Landlord, its servants, agents or employees, or such other tenant and the servants, agents or employees thereof. 

  

	 	(d)	 Landlord and tenant hereby agree to advise the other promptly if the clauses to be included in their respective insurance policies pursuant to subparagraphs
(a) and (b) above cannot be 

  

			
	Lease Agreement	  	Page 12

	 	 
obtained on the terms hereinbefore provided and thereafter to furnish the other with a certificate of insurance or copy of such policies showing the naming
of the other as an additional insured, as aforesaid. Landlord and Tenant hereby also agree to notify the other promptly of any cancellation or change of the terms of any such policy which would affect such clauses or naming. All such policies which
name both Landlord and Tenant as additional insured shall, to the extent obtainable, contain agreements by the insurers to the effect that no act or omission of any additional insured will invalidate the policy as to the other additional insured.

 7.06 WAIVER OF CLAIMS. To the extent permitted by law, Tenant releases Indemnitiees from, and waives all claims for, damage to
person or property sustained by Tenant or any occupant in or about the Property, the Building or Premises resulting from the Property, the Building or Premises or any part of either or any equipment or appurtenance becoming out of repair, or
resulting from any accident in or about the Building or Property, or resulting directly or indirectly from any act or neglect of any tenant or occupant of the Building or Property or of any other person, including Landlord’s agents and
servants. This Section 7.06 shall apply especially, but not exclusively, to the flooding of basements or other subsurface areas, and to damage caused by refrigerators, sprinkling devises, air-conditioning apparatus, water, snow, frost, steam,
excessive heat or cold, falling plaster, broken glass, sewage, gas, odors or noise, or the bursting or leaking of pipes or plumbing fixtures, and shall apply equally whether any such damage results from the act or neglect of Landlord or of other
tenants, occupants or servants in or about the Building or Property or of any other person, and whether such damage be caused or result from any thing or circumstance above mentioned or referred to, or any other thing or circumstance whether of a
like nature or of a wholly different nature. Tenant hereby waives any consequential damages, compensation or claims for inconvenience or loss of business, rents or profits as a result of such injury or damage. If any such damage, whether to the
Premises or to the Building or Property or any part thereof, or whether to Landlord or to other tenants in the Building, results from any act or neglect of Tenant, its employees, agents, invitees and customers, Tenant shall be liable therefor and
Landlord may, at Landlord’s option, repair such damage and Tenant shall, upon demand by Landlord, reimburse Landlord forthwith for the total cost of such repairs. Tenant shall not be liable for any damage caused by its act or neglect if
Landlord or a tenant in the Building has recovered the full amount of the damage from insurance and the insurance company has waived its right of subrogation against the Tenant. All property belonging to Tenant or any occupant of the Premises that
is in or about the Building, the Property or the Premises shall be there at the risk of Tenant or other person only, and Landlord shall not be liable for damage thereto or theft or misappropriation thereof. 
 7.07 INDEMNITY BY TENANT. To the extent permitted by law, Tenant agrees to indemnify, protect, defend and hold the Indemnities harmless against any and all
actions, claims, demands, costs and expenses, including reasonable attorney’s fees and expenses for the defense thereof, arising from Tenant’s occupancy of the premises, from the undertaking of any Tenant Additions or repairs to the
Premises, from the conduct of Tenant business on the Premises, or from any breach or default on the part of Tenant in the performance of any covenant or agreement on the part of Tenant to be performed pursuant to the terms of this Lease, or from any
willful or negligent act of Tenant, its agents, contractors, servants, employees, customers or invitees, in or about the Premises, but only to the extent of Landlord’s liability, if any, in excess of amounts, if any, paid to Landlord under
insurance covering such claims or liabilities. In case of any action or proceeding brought against the Indemnities by reason of any such claim, upon notice from Landlord, Tenant covenants to defend such action or proceeding by counsel reasonably
satisfactory to Landlord. 
  

			
	Lease Agreement	  	Page 13

 ARTICLE EIGHT 
 ASSIGNMENT AND SUBLETTING 
 8.01 ASSIGNMENT AND SUBLETTING. Tenant shall not (i) assign, hypothecate,
mortgage, encumber, or convey this Lease or any interest under it; (ii) allow any transfer thereof or any lien upon Tenant’s interest by operation of law or otherwise: (iii) sublet the whole or any part of the Premises; or
(iv) permit the use of the Premises by anyone other than Tenant and its employees. 
 If Tenant is a corporation, any dissolution, merger, consolidation
or reorganization of Tenant or the sale or transfer of a controlling percentage of the capital stock of Tenant, whether by a single transaction or event or by cumulative transactions or events shall be deemed an assignment of this Lease, and shall
be subject to the restrictions set forth above. If Tenant is a partnership, a withdrawal or change, voluntary, involuntary or by operation of law, of any partner or partners owning 51% or more of the partnership interest, whether by a single
transaction or event or by cumulative transactions or events, or the dissolution of the partnership shall be deemed an assignment of the Lease and shall be subject to the restrictions set forth above. 
 8.02 PROCEDURES FOR SUBLETTING. Tenant shall not sublet the whole or any part of the Premises without Landlord’s prior written consent. In the event Tenant
intends to sublease all or any portion of the Premises, Tenant shall take the following actions: 
  

	 	(a)	 Tenant shall first notify Landlord in writing of its intention to sublet prior to any advertising of same, hiring of brokers or contacting of potential subtenants.
Such notice shall identify the space proposed to be sublet, which space must be a legally leasable unit in compliance with all applicable ordinances and codes, and shall state the date on which Tenant requests that the sublet commence, which date
shall be no less than Thirty (30) days from the date of Tenant’s notice. 

  

	 	(b)	Landlord shall have thirty (30) days following the receipt of such notice to notify Tenant whether it elects to recapture the space Tenant has proposed to sublet.
Landlord’s failure to send such notice within such thirty (30) day period shall be deemed to mean Landlord has not elected to recapture the space. 

  

	 	(c)	In the event Landlord elects to recapture the space, it shall notify Tenant of its intent by service of a written notice of cancellation terminating that portion of the Lease
covering the space Landlord has chosen to recapture, which may include all or any lesser portion of the space Tenant has proposed to sublet. In such event Landlord agrees that the space not recaptured by Landlord shall be a legally leasable unit.
Tenant shall pay all costs of any construction necessary to accomplish the division of the space. The termination of the Lease as to the recaptured space shall be effective on the date specified by Tenant in its notice pursuant to
Section 8.02(a) and (b). 

  

	 	(d)	In the event that Landlord elects to recapture any proposed sublet space under these provisions, the Base Rent, Rentable Area of the Premises and Measurable Area of the Premises as
provided in Section 1 above shall be adjusted as of the termination date designated in the cancellation notice, and this Lease as so amended shall continue thereafter in full force and effect. 

  

	 	(e)	In the event that Landlord elects not to recapture part or all of the proposed sublet space, Landlord shall so notify Tenant as set forth in 8.02(b) above. Provided Tenant is not in
default under the Lease and has fully complied with the terms of this Article Eight, Tenant may then proceed to contact potential subtenants and shall have the option to sublet the non-recaptured space in accordance with the following provisions:

  

	 	(i)	Tenant shall bear all costs and expenses associated with the subletting including, without limitation, any and all costs and expenses incurred by Landlord, if any.

  

			
	Lease Agreement	  	Page 14

	 	(ii)	Upon locating a suitable potential subtenant, Tenant shall notify Landlord in writing. Such notice shall state the name and address of the proposed subtenant and shall include a
true and complete copy of the proposed sublease. Tenant shall also deliver to Landlord copies of all financial statements, credit reports and other such information in its possessions relating to the prospective subtenant. At Landlord’s
request, Tenant shall promptly secure and deliver any additional information Landlord deems necessary in order to evaluate the potential subtenant. 

  

	 	(iii)	Landlord shall have fifteen (15) days from the date of its receipt of the last information provided by Tenant on the proposed subtenant during which to evaluate such subtenant
and decide whether to consent to the sublease. Landlord shall notify Tenant of its decision in writing, and, in the event that Landlord does not consent to the sublease, its notice thereof to Tenant shall include an explanation of its reasons for
denying consent. In the event that Landlord consents to the sublease, Tenant may execute the sublease and collect all rents due thereunder subject to the provisions of subparagraph (iv) below and subject to the subtenant’s agreement to
comply with all the terms of this Lease as they apply to the sublet space. 

  

	 	(iv)	Following the execution of any sublease to which Landlord has consented and throughout the Term thereof, Tenant shall pay Landlord eighty percent (80%) of all amounts received
by Tenant in connection with subletting in excess of the rent for the sublet space Tenant is obligated to pay Landlord hereunder. 

  

	 	(v)	The use for which the Premises or any part thereof may be sublet shall be only for lawful office use which is in keeping with the general character of the Building, which is not
extra-hazardous on account of fire and which does not conflict with exclusive rights granted to any other tenant in the Building. 

 8.03
LIABILITY OF TENANT. The granting consent by Landlord to Tenant for subletting of the Premises or any part thereof shall not release Tenant from direct and primary liability under this Lease for the performance of all of the covenants, duties
and obligations of Tenant hereunder, and Landlord shall retain its rights to enforce the provisions of this Lease against Tenant or any subtenant without demand upon or proceeding in any way against any other person. Consent to a particular sublease
shall not be deemed a consent to any other or subsequent transaction. 
 ARTICLE NINE 
 SECURITY DEPOSIT 
 9.01 SECURITY DEPOSIT. Tenant
agrees to deposit with Landlord, upon the execution of this Lease, the sum set forth in Section 1(m) above as security for the full and faithful performance by Tenant of each and every term, provision, covenant, and condition of this Lease. Landlord
shall have no obligation to segregate the amount so deposited from its other funds. If any of the deposit shall be so used, applied or retained by Landlord at any time or from time to time, Tenant shall promptly, in each such instance, on written
demand therefor by Landlord, pay to Landlord such additional sum as may be necessary to restore the deposit to the original amount set forth in Section 1(m). If Tenant shall fully and faithfully comply with all the terms, provisions, covenants, and
conditions of this Lease, the deposit, or any balance thereof, shall be returned to Tenant after the following: 
  

	 	(a)	the expiration of the Term of this Lease; 

  

			
	Lease Agreement	  	Page 15

	 	(b)	the removal of Tenant from the Premises; 

  

	 	(c)	the surrender of the Premises by Tenant to Landlord in accordance with this Lease; and 

  

	 	(d)	the thirtieth (30) day after the payment by Tenant of, or application by landlord of the Security Deposit against, all amounts due by Tenant pursuant to Paragraph 3.05.

 Except as otherwise required by law, Tenant shall not be entitled to any interest on the aforesaid deposit. In the absence of evidence
satisfactory to Landlord of an assignment of the right to receive the deposit or the remaining balance thereof, Landlord may return the deposit to the original Tenant, regardless of one or more assignments of this Lease. If Tenant receives notice of
sale of the Building and a notice to attorn to the new owner, it shall look solely to the new owner for return of the deposit. 
 9.02 INCREASE OF
SECURITY DEPOSIT. If Tenant is in default under this Lease more than two (2) times within any twelve-month period, irrespective of whether or not such default is cured, then, without limiting Landlord’s other rights and remedies
provided for in this Lease or at law or equity, the Security Deposit shall automatically be increased by an amount equal to the greater of: 
  

	 	(a)	Three (3) times the original Security Deposit, or 

  

	 	(b)	Three (3) months Rent, which shall be paid by Tenant to Landlord forthwith on demand. 

 ARTICLE TEN 
 DEFAULT AND REMEDIES 
 10.01 LANDLORD’S REMEDIES. All rights and remedies of landlord herein enumerated shall be cumulative, and none shall exclude any other right or remedy
allowed by law. 
 (a) If any involuntary action or proceeding under any section or sections of any bankruptcy act in any court or tribunal
shall adjudge or declare Tenant insolvent or unable to pay Tenant’s debts, or if any voluntary petition or similar proceeding under any section of any bankruptcy act shall be filed by Tenant in any court or tribunal to declare Tenant insolvent
or unable to pay Tenant’s debts, then and in any such event Landlord may, if Landlord so elects but not otherwise, and with or without notice of such election, and with or without entry or other action by Landlord, forthwith terminate this
Lease, and notwithstanding any other provision of this Lease, Landlord shall forthwith upon such termination be entitled to recover damages in an amount equal to the then present value of the Rent for the residue of the stated Term thereof, less the
present value of the fair rental value of the Premises for the residue of the stated Term. 
 (b) If Tenant defaults in the payment of Rent,
and Tenant does not cure the default within five (5) days after demand for payment of such rent or if Tenant defaults in the prompt and full performance of any other provisions of this Lease, and Tenant does not cure the default within twenty
(20) days after written demand by Landlord that the default be cured (unless the default involves a hazardous condition, which shall be cured forthwith) or if the leasehold interest of Tenant 

  

			
	Lease Agreement	  	Page 16

 
be levied upon or be attached by process of law, or if Tenant makes an assignment for the benefit of creditors or admits its inability to pay its debts, or
if a receiver be appointed for any property of Tenant, or if Tenant abandons the Premises, then and in any such event Landlord may, if Landlord so elects but not otherwise, and with or without notice of such election, and with or without any demand
whatsoever, either forthwith terminate this Lease and Tenant’s right to possession of the Premises, or without terminating this Lease, forthwith terminate Tenant’s right to possession of the Premises. 
 (c) Upon any termination of this Lease, whether by lapse of time or otherwise, or upon any termination of Tenant’s right to possession without
termination of the Lease, Tenant shall surrender possession and vacate the Premises immediately, and deliver possession thereof to Landlord, and hereby grants to Landlord full and free license to enter into and upon the Premises in such event with
or without process of law and to repossess the Premises and to expel or remove Tenant and any others who may be occupying or be within the Premises and to remove any and all property therefrom, using force as may be necessary, without being deemed
in any manner guilty of trespass, eviction or forcible entry or detainer, and without relinquishing Landlord’s right to rent or any other right given to Landlord hereunder or by operation of law. 
 (d) If Tenant abandons the Premises or otherwise entitles Landlord so to elect, and Landlord elects to terminate Tenant’s right to possession only,
without terminating the Lease, Landlord may, at the Landlord’s option, enter into the Premises, remove the Tenant’s sign and other evidence of Tenant and take and hold possession thereof as in Section 10.01(c) provided, without such
entry and possession terminating the Lease or releasing Tenant, in whole or in part, from Tenant’s obligation to pay the Rent hereunder for the full Term, and in any such case Tenant shall pay forthwith the Rent for the residue of the stated
Term plus any other sums then due hereunder less the present value of the fair rental value of the Premises for such period. In the alternative, upon and after entry into possession without termination of the Lease, Landlord shall use commercially
reasonable efforts to relet the Premises or any part thereof for the account of Tenant to any person, firm or corporation for such rent for such time and upon such terms as Landlord in Landlord’s sole discretion shall determine, and Landlord
shall not be required to observe any instruction given by Tenant about such reletting. In any such case, Landlord may make repairs, alterations and additions in or to the Premises, and redecorate the same to the extent deemed by Landlord necessary
or desirable, and Tenant shall, upon demand, pay the cost thereof, together with Landlord’s expenses of the reletting. If the consideration collected by Landlord upon any such reletting for Tenant’s account is not sufficient to pay monthly
the full amount of the Rent reserved in this Lease, together with the costs of repairs, alterations, additions, redecorating and Landlord’s expenses, Tenant shall pay to Landlord the amount of each monthly deficiency upon demand. If Landlord,
in attempting to mitigate the damages caused by Tenant’s removal from the Premises, leases to another entity for longer than the remainder of the Term of this Lease, the rental for the remainder of the Term of this Lease for purposes of this
Section shall be deemed to be the average rental payments under the New Lease for the remainder of the Term of this Lease. “Average rental payments” under such new lease shall be deemed to mean rental payments (net of abatements and rent
credits) under such new lease, after deducting the costs of leasing, including, but not limited to, expenses incurred in repairing, altering or redecorating the Premises, broker’s costs, and attorney’s fees in connection with such new
lease, divided by the number of months in such new lease. All rentals and other costs under such new lease shall be discounted to the due dates of payments due under this Lease, at the prime rate then in existence at Bank One, NA, (or bank of
similar size if Bank One, NA, is no longer in existence at the time this provision becomes operational). Notwithstanding anything in this subsection to the contrary, in no event shall Landlord be required to pay Tenant any excess of the rent it
receives under such new lease over the rent hereunder. 
  

			
	Lease Agreement	  	Page 17

 10.02 CONFESSION OF JUDGMENT. Tenant hereby constitutes and irrevocably appoints any attorney of any court to be
the true and lawful attorney of Tenant, and, in the name, place and stead of Tenant, to appear for and on behalf of Tenant in any court of record at any time, and from time to time, after default hereunder in any suit or suits brought against Tenant
for the enforcement of any rights hereunder by Landlord, to waive the issuance and service of process and trial by jury, and, from time to time, to confess judgment or judgments in favor of Landlord and against Tenant for any rent and interest
thereon due hereunder by Tenant to Landlord, for costs of suit and for a reasonable attorney’s fee in favor of Landlord to be fixed by the court, and to release all errors that may occur or intervene in such proceedings, including the issuance
of execution upon any such judgment, and to stipulate that no appeal shall be prosecuted from such judgment or judgments, or that no proceedings in chancery or otherwise shall be filed or prosecuted to interfere in any way with the operation of such
judgment or judgments or of any execution issued thereon or with any supplemental proceedings taken by Landlord to collect the amount of any such judgment or judgments, and to consent that execution on any judgment or decree in favor of Landlord
against Tenant may issue forthwith. 
 10.03 REMOVAL OF PERSONAL PROPERTY. Any and all property which may be removed from the Premises by Landlord
pursuant to the authority of the Lease or of law, to which Tenant is or may be entitled, may be handled, removed or stored by Landlord at the risk, cost and expense of Tenant, and Landlord shall in no event be responsible for the value, preservation
or safekeeping thereof. Tenant shall pay to Landlord, upon demand, any and all expenses incurred in such removal and all storage charges against such property so long as the same shall be in Landlord’s possession or under Landlord’s
control. Any such property of Tenant not retaken from storage by Tenant within thirty (30) days after the end of the Term, however terminated, shall be conclusively presumed to have been conveyed by Tenant to Landlord under this Lease as a bill
of sale without further payment or credit by Landlord to Tenant. 
 10.04 GRANT OF LIEN ON PERSONAL PROPERTY. Tenant hereby grants to Landlord a first
lien upon the interest of Tenant under this Lease to secure the payment of moneys due under this Lease, which lien may be enforced in equity; and Landlord shall be entitled as a matter of right to have a receiver appointed to take possession of the
Premises and relet the same under order of court. In addition to any statutory lien for rent in Landlord’s favor, Landlord shall have and Tenant hereby grants to Landlord a continuing security interest for all rentals and other sums of money
becoming due hereunder from Tenant upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contracts rights, chattel paper and other personal property of Tenant situated on the Premises, and such property shall not be removed
there from without the consent of Landlord until all arrearages in rent as well as any and all other sums of money then due to Landlord hereunder shall first have been paid and discharged. In the event of a default under this Lease, Landlord shall
have, in addition to any other remedies provided herein or by law including without limitation the right to sell the property described in this Article at public or private sale upon five (5) days’ notice to Tenant. Tenant hereby agrees to
execute such financing statements and other documents necessary or desirable in Landlord’s discretion to perfect the security interest hereby created. Any statutory lien for rent is not hereby waived, the express contractual lien herein granted
being in addition and supplementary thereto. 
 10.05 ATTORNEY’S FEES. Tenant shall pay upon demand all Landlord’s costs, charges and
expenses, including the fees of counsel, agents and others retained by Landlord in any litigation, negotiation or transaction in which Tenant causes Landlord, without Landlord’s fault, to become involved or concerned specifically including,
without limitation, any litigation required by Landlord to enforce its rights or remedies pursuant to this Lease. 
 10.06 DEFAULT UNDER OTHER LEASE.
If the term of any lease, other than this Lease, made by Tenant for any premises in the Building shall be terminated or terminable after the making of this Lease because of any default by Tenant under such other lease, such fact shall empower
Landlord, at Landlord’s sole option, to terminate this Lease by notice to Tenant. 
  

			
	Lease Agreement	  	Page 18

 ARTICLE ELEVEN 
 SURRENDER OF POSSESSION AND HOLDING OVER 
 11.01 SURRENDER OF POSSESSION. Upon the expiration or other
termination of the Term of this Lease, Tenant shall quit and surrender to Landlord the Premises, broom clean, in good order and condition, ordinary wear excepted, and Tenant shall remove all of its property. Landlord shall remove all telephone and
other communication cable from the plenum areas, wall cavities and risers at Tenant’s expense. 
 11.02 CONVEYANCE OF PERSONAL PROPERTY. If
Tenant does not remove its property of every kind and description from the Premises prior to the end of the Term, however ended, Tenant shall be conclusively presumed to have conveyed the same to Landlord under this Lease as a bill of sale without
further payment or credit by Landlord to Tenant and Landlord may remove the same and Tenant shall pay the cost of such removal to Landlord upon demand. 
 11.03 INSPECTION. Not later than sixty (60) days before this Lease terminates or Tenant vacates the Premises, Tenant shall give Landlord written notice of its intended departure and shall schedule a joint inspection with
Landlord of the Premises in preparation for Tenant’s vacation of the Premises. At such joint inspection, Landlord shall prepare a list of the following items for Tenant to resolve before vacating the Premises: 
  

	 	(a)	repairs and restorations that will need to be made to the Premises before vacation, if any; 

  

	 	(b)	equipment and/or fixtures that may be removed, and a procedure that must be followed in order to remove such items from the Building, which may include a “check out”
procedure with an employee of Landlord at the Building; and 

  

	 	(c)	equipment and/or fixtures that may not be removed from the Premises because they rightfully belong to Landlord. 

 Tenant shall have ten (10) days after receipt of said list from Landlord to notify Landlord of any discrepancies it notes on said list. If Tenant does not so notify
Landlord, said list shall be binding on Tenant, and shall be binding upon Landlord except to the extent that, because of hidden problems, Landlord could not reasonably ascertain whether certain repairs and/or restoration would be needed until
vacation of the Premises. In any event, if Tenant fails to arrange such joint inspection, any list of needed restoration or repairs prepared by Landlord as a result of Landlord’s inspection at or after Tenant’s vacating the Premises shall
be conclusively deemed correct for purposes of determining Tenant’s responsibility for repairs and restoration. 
 Tenant’s obligation to observe
or perform this covenant shall survive the expiration or other termination of the Term of this Lease. 
 11.04 HOLDING OVER. If Tenant retains
possession of the Premises or any part thereof after the termination of the Term or any extension thereof, by lapse of time or otherwise, Tenant shall pay Landlord the Rent, at double the rate payable for the month immediately preceding said holding
over (including amounts for Taxes and Expenses, or any other applicable increases which Landlord may reasonably estimate), computed on a per month basis, for each month or part thereof (without reduction for any such 
  

			
	Lease Agreement	  	Page 19

 
partial month) that Tenant thus remains in possession, and in addition thereto, Tenant shall pay Landlord all damages, consequential as well as direct,
sustained by reason of Tenant’s retention of possession. Alternatively, at the election of Landlord expressed in a written notice to Tenant and not otherwise, such retention of possession shall constitute a renewal of this Lease for one
(1) year, on the same terms and conditions, except that the Monthly Base Rent shall be the greater of market or 125% of the latest Monthly Base. The provisions of this paragraph do not exclude Landlord’s rights of re-entry or any other
right hereunder. 
 ARTICLE TWELVE 
 RIGHTS RESERVED BY LANDLORD 
 12.01 CERTAIN RIGHTS RESERVED BY LANDLORD. Landlord reserves and may exercise the following rights
without affecting Tenant’s obligations hereunder: 
  

	 	(a)	to change the name or street address of the Building; 

  

	 	(b)	to install and maintain a sign or signs on the interior or exterior of the Building; 

  

	 	(c)	to have access for Landlord and other tenants of the Building to any mail chutes located on the Premises according to the rules of the United States Post Office;

  

	 	(d)	to designate all sources furnishing sign painting and lettering, drinking water, towels, coffee service, and toilet supplies, lamps and bulbs used on the Premises;

  

	 	(e)	to decorate, remodel, repair, alter or otherwise prepare the Premises for reoccupancy if Tenant vacates the Premises prior to the expiration of the Term; 

 

	 	(f)	to retain at all time pass keys to the Premises; 

  

	 	(g)	to grant to anyone the exclusive right to conduct any particular business or undertaking in the Building; 

  

	 	(h)	to exhibit the Premises to others; 

  

	 	(i)	to close the Building after regular working hours and on the legal holidays subject, however, to Tenant’s right to admittance, under such reasonable regulations as Landlord may
prescribe from time to time, which may include by way of example but not of limitation, that persons entering or leaving the Building identify themselves to a watchman by registration or otherwise and that said persons establish their right to enter
or leave the Building; 

  

	 	(j)	to approve the weight, size and location of safes or other heavy equipment or articles, which articles may be moved in, about, or out of the Building or Premises only at such times
and in such manner as Landlord shall direct and in all events, however, at Tenant’s sole risk and responsibility; 

  

	 	(k)	to take any and all measures, including inspections, repairs, alterations, decorations, additions and improvements to the Premises or the Building, as may be necessary or desirable
for the safety, protection or preservation of the Premises, the Building, or the Property, or as may be necessary or desirable in the operation of the Building. 

  

			
	Lease Agreement	  	Page 20

 
Landlord may enter upon the Premises and may exercise any or all of the foregoing rights hereby reserved without being deemed guilty of an eviction or
disturbance of Tenant’s use or possession and without being liable in any manner to Tenant and without abatement of rent or affecting any of Tenant’s obligations hereunder. 
 ARTICLE THIRTEEN 
 UNTENANTABILITY AND EMINENT DOMAIN 
 13.01 UNTENANTABILITY. If the Premises or 50% or more of the Rentable Area of the Building is made untenantable by fire or other casualty, Landlord may elect:

  

	 	(a)	to terminate this Lease as of the date of the fire or casualty by notice to Tenant within sixty (60) days after that date, or 

  

	 	(b)	proceed with all due diligence to repair, restore or rehabilitate the Building or the Premises, in which event this Lease shall not terminate. 

 In the event the Lease is not terminated pursuant to this provision, rent shall abate on a per diem basis during the period of untenantability. In the event of the
termination of this Lease pursuant to this section, rent shall be apportioned on a per diem basis and paid to the date of the fire or other casualty. In the event that the Premises are partially damaged by fire or other casualty but are not made
wholly untenantable, then Landlord shall, except during the last year of the Term hereof, proceed with all due diligence to repair and restore the Premises and the Rent shall abate in proportion to the nonusability of the Premises during the period
of untenantability. If a portion of the Premises are made untenantable as aforesaid during the last year of the Term hereof, Landlord shall have the right to terminate this Lease as of the date of the fire or other casualty by giving written notice
thereof to Tenant within thirty (30) days after the date of fire or other casualty, in which event, the Rent shall be apportioned on a per diem basis and paid to the date of such fire or other casualty. 
 In the event the Premises or the Building is damaged by fire or other casualty resulting from the act or neglect of Tenant, its agents, contractors, employees or
invitees, Tenant shall not be released from any of its obligations hereunder including, without limitation, its duty to repair the Premises and its liability to Landlord for damages caused by such fire or other casualty and its duty to pay Rent,
which Rent shall not be abated. Tenant acknowledges that Landlord shall be entitled to the full proceeds of any insurance coverage, whether carried by Landlord or Tenant, for damage to alterations, additions, improvements or decorations provided by
Landlord either directly or through an allowance to Tenant (whether by rent abatement or otherwise). 
 Notwithstanding anything to the contrary herein set
forth, Landlord shall have no duty pursuant to this Article Thirteen to repair or restore any portion of the alterations, additions or improvements in the Premises or the decorations thereto except to the extent that such alterations, additions,
improvements and decorations were provided by Landlord, at Landlord’s cost, at the beginning of the Term. 
 13.02 EMINENT DOMAIN. If the
Building, or a substantial part of the Premises, shall be lawfully taken or condemned for any public or quasi-public use or purpose, or conveyed under threat of such condemnation, the Term of this Lease shall end upon, and not before, the date of
the taking of possession by the condemning authority, and without apportionment of the award. Tenant hereby assigns to Landlord any interest of Tenant in such award. Then current Rent shall be apportioned as of the date of such Termination. If any
part of the Building, other than the Premises or any part of the Building not constituting a substantial part of the 
  

			
	Lease Agreement	  	Page 21

 
Premises, shall so be taken or condemned, or if the grade of any street or alley adjacent to the Building is changed by any competent authority and such
taking or change of grade makes it necessary or desirable to substantially remodel or restore the Building, Landlord shall have the right to cancel this Lease upon not less than ninety (90) days notice prior to the date of cancellation
designated in the notice. No money or other consideration shall be payable by Landlord to Tenant for the right of cancellation, and Tenant shall have no right to share in the condemnation award or in any judgment for damages caused by the change of
grade. 
 ARTICLE FOURTEEN 
 MORTGAGEE PROTECTION 
 14.01 MORTGAGE AND/OR GROUND LEASE. Landlord may execute and deliver a mortgage or trust deed in the nature of
a mortgage against the Building, the Property or any interest thereon, and may sell and lease back the underlying land on which the Building is situated. This Lease and the rights of Tenants hereunder shall be and are hereby made expressly subject
and subordinate at all times to any such mortgage, trust deed and/or ground lease, now or hereafter existing and all amendments, modifications and renewals thereof and extensions, consolidations or replacements thereof, and to all advances made or
hereafter to be made upon the security thereof. Tenant agrees to execute and deliver such further instruments subordinating this Lease to said mortgage, trust deed or ground lease as may be requested in writing by Landlord from time to time. Tenant
hereby appoints Landlord as attorney-in-fact for Tenant with full power and authority to execute and deliver in the name of Tenant any such instruments in the event Tenant fails to do so. 
 Should any such mortgage or trust deed affecting the Building be foreclosed or if any ground or underlying lease be terminated: 
 (a) The liability of the mortgagee, trustee or purchaser at such foreclosure sale or the liability of a subsequent owner designated as Landlord under this
Lease shall exist only so long as such trustee, mortgagee, purchaser or owner is the owner of the Building or Property and such liability shall not continue or survive after further transfer of ownership. 
 (b) Upon request of the mortgagee or trustee, Tenant will attorn, as Tenant under this Lease, to the purchaser at any foreclosure sale thereunder, or if
any ground or underlying lease be Terminated for any reason, Tenant will attorn as Tenant under this Lease to the ground lessor under the ground lease and will execute such instruments as may be necessary or appropriate to evidence such attornment.

 Tenant covenants and agrees to give any mortgagee or trust deed holder, by certified or registered mail, a copy of any notice of default served upon the
Landlord, provided that prior to such notice Tenant has been notified in writing, (by way of notice of assignment of rents and leases, or otherwise) of the address of such mortgagee and/or trust deed holder. Tenant further covenants and agrees that
if Landlord shall have failed to cure any default within thirty (30) days after Tenant gives notice of the default, the mortgagee and/or trust deed holder shall have an additional thirty (30) days within which to cure such default or if
such default cannot be cured within that time, then such additional time as may be necessary if within such thirty (30) days, any mortgagee and/or trust deed holder has commenced and is diligently pursuing the remedies to cure such default
(including but not limited to commencement of foreclosure proceedings, if necessary to effect such cure), in which event the Lease shall not be terminated while such remedies are being so diligently pursued. 
  

			
	Lease Agreement	  	Page 22

 ARTICLE FIFTEEN 
 RELOCATION OF TENANT 
 15.01 RELOCATION OF TENANT. Landlord shall have the right, upon thirty (30) days
written notice, to relocate Tenant to another location in the Building provided that (i) Landlord pays for the reasonable cost of physically moving Tenant, its property and equipment to the relocated premises, (ii) the relocated premises
is substantially similar to the area of the Premises and (iii) the relocated premises have substantially similar improvements of those located in the Premises at the time of said relocation. 
 ARTICLE SIXTEEN 
 NOTICES

 16.01 NOTICES TO TENANT. Notices shall be in writing. Notices shall be effectively served by Landlord upon Tenant in any one of the following
manners: 
  

	 	(i)	By delivery to Tenant, or a representative of Tenant; or 

  

	 	(ii)	By forwarding through certified or registered mail, postage prepaid, to Tenant at the address shown in Section 1.01(a), in which case the time of mailing shall be the time of
notice; or 

  

	 	(iii)	By leaving a copy at the Premises; or 

  

	 	(iv)	By affixing a copy to any door leading into the Premises. 

 16.02
NOTICES TO LANDLORD. Notices shall be in writing. Notices shall be effectively served by Tenant upon Landlord when addressed to Landlord and served either: 
  

	 	(i)	Upon an officer of Landlord; or 

  

	 	(ii)	on an authorized person in the office of the Building; or 

  

	 	(iii)	By forwarding through certified or registered mail, postage prepaid, to Landlord at the address shown in Section 1.01(b). 

 16.03 ADDRESS FOR NOTICE. The addresses for notices shall be those addresses shown in Section 1.01(a) and (b) or if notified in writing of another
address by either party, at such latter address. 
 ARTICLE SEVENTEEN 
 MISCELLANEOUS 
 17.01 MISCELLANEOUS. 
  

	 	(a)	No receipt of money by Landlord from Tenant after the termination of this Lease or after the service of any notice or after the commencement of any suit, or after final judgment for
possession of the Premises shall reinstate, continue or extend the Term of this Lease or affect any such notice, demand or suit. 

  

	 	(b)	No waiver of any default of Tenant hereunder shall be implied from any omission by Landlord to take any action on account of such default if such default persists or be repeated,
and no express waiver shall affect any default other than the default specified in the express waiver and that only for the time and to the extent therein stated. 

  

			
	Lease Agreement	  	Page 23

	 	(c)	The words “Landlord” and “Tenant”, wherever used in this Lease, shall be construed to mean plural where necessary, and the necessary grammatical changes required
to make the provisions hereof apply either to corporations or individuals, men or women, shall in all cases be assumed as though in each case fully expressed. 

  

	 	(d)	Each provision hereof shall extend to and shall, as the case may require, bind and inure to the benefit of Landlord and Tenant and their respective heirs, legal representative,
successors and assigns in the event this Lease has been assigned with the express written consent of Landlord. 

  

	 	(e)	Submission of this instrument for examination docs not constitute a reservation of or option for the Premises. The instrument does not become effective as a lease or otherwise until
executed and delivered by both Landlord and Tenant. 

  

	 	(f)	All amounts (unless otherwise provided herein, and other than the Rent, which shall be due as hereinbefore provided) owed by Tenant to Landlord hereunder shall be deemed Additional
Rent and be paid within ten (10) days from the date Landlord renders statements of account therefor. All such amounts (including Rent and Additional Rent) shall bear interest from the date due until the date paid at the Default Rate, or at the
maximum legal rate of interest, allowed by law, if such maximum legal rate is applicable and lower. 

  

	 	(g)	All riders attached to this Lease are hereby made a part of this Lease. 

  

	 	(h)	The headings of sections are for convenience only and do not limit or construe the contents of the sections. 

  

	 	(i)	If Tenant shall occupy the Premises prior to the beginning of the Term of this Lease with Landlord’s consent, all the provisions of this Lease shall be in full force and effect
as soon as Tenant occupies the Premises. 

  

	 	(j)	Should any mortgage, leasehold or otherwise, require a modification or modifications of this Lease, which modification or modifications will not bring about any increased cost or
expense to Tenant or in any other way substantially change the rights and obligations of Tenant hereunder, then and in such event. Tenant agrees that this Lease may be so modified. 

  

	 	(k)	Tenant represents that Tenant has dealt directly with and only with
                                         as
broker in connection with this Lease, and that insofar as Tenant knows no other broker negotiated this Lease or is entitled to any commission in connection therewith. Tenant indemnifies and holds Landlord, its beneficiaries, and their respective
agents and employees harmless from all claims of any other broker or brokers who claim to have dealt with Tenant in connection with Lease. 

  

	 	(l)	 Tenant agrees that from time to time upon not less than ten (10) days prior request by Landlord, Tenant will deliver to Landlord a statement in writing
certifying (a) that this Lease is unmodified and in full force and effect (or if there have been modifications that the same is in full force and effect as modified and identifying the modifications), (b) the dates to which the rent and
other charges have been paid, and (c) that so far as the person making the 

  

			
	Lease Agreement	  	Page 24

	 	 
certificate knows, Landlord is not in default under any provisions of this Lease. In the event that Tenant fails to deliver such a certificate, Tenant shall
be in default of which there shall be no cure or grace period. In addition to any other remedy available to Landlord, Landlord may impose a penalty equal to $500.00 for each day that Tenant fails to deliver such certificate. Furthermore, Tenant
shall be deemed to have irrevocably appointed Landlord as Tenant’s attorney-in-fact to execute and deliver such certificate. 

  

	 	(m)	Landlord’s title is and always shall be paramount to the title of Tenant, and nothing herein contained shall empower Tenant to do any act which can, shall or may encumber such
title. 

  

	 	(n)	The laws of the State of Illinois shall govern the validity, performance and enforcement of this Lease. 

  

	 	(o)	If any Term, covenant or condition of this Lease or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this
Lease, or the application of such Term, covenant or condition to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby and each Term, covenant or condition of this Lease shall be
valid and be enforced to the fullest extent permitted by law. 

  

	 	(p)	Landlord and Tenant agree that to the extent permitted by law, each shall and hereby does waive trial by jury in any action, proceeding or counterclaim brought by either against the
other on any matter whatsoever arising out of or in any way connected with this Lease. 

  

	 	(q)	There are no oral agreements between Landlord and Tenant affecting this Lease, and this Lease supersedes and cancels any and all previous negotiations, arrangements, brochures,
agreements and understandings, if any, between Landlord and Tenant or displayed by Landlord to Tenant with respect to the subject matter of this Lease. 

  

	 	(r)	In the event the original Landlord hereunder, or any successor owner of the Property, shall sell or convey the Property, all liabilities and obligations on the part of Landlord, or
such successor owner, under this Lease accruing thereafter shall be terminated, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to each such new owner. 

  

	 	(s)	The term “Landlord”, as used in this Lease, means the legal entity which owns the beneficial interest in LaSalle Trust, N.A., as Trustee under Trust No. 47948, which
holds legal title to the Property, and any liability or obligation of Landlord under this Lease shall be limited to its assets held in such trust and no owner of the beneficial interest in such trust shall be individually or personally liable for
any claim arising out of this Lease. 

  

			
	Lease Agreement	  	Page 25

 IN WITNESS WHEREOF, the parties hereto have executed this Lease the date first above written. 
  

					
	 LANDLORD
 CONTINENTAL OFFICES LTD., as agent for the
owner of the beneficial interest in LaSalle Trust, N.A., as Trustee under Trust No. 47948
	 	Home School, Inc.
		
	  
	 	  

	 Kevork M. Derderian,
 President
	 	By:	 	  

	 	Its:	 	  

			
	Attested:	 		 	
		
	  
	 	  

	Brandt T. Pfeifer, Director, Leasing/Marketing	 	By:	 	  

		 	Its:	 	  

  

			
	Lease Agreement	  	Page 26

 RIDER TO OFFICE LEASE AGREEMENT 
 18.01 RIDER. This Rider shall be made a part of the Office Lease Agreement dated June 26, 2006, made by and between Continental Offices Ltd., as agent for
the owner of the beneficial interest in LaSalle Trust, N.A., as Trustee under Trust No. 47948 and Home School, Inc. If there are any conflicts between this Rider and the terms and conditions of said Office Lease Agreement, the terms of this
Rider shall prevail. 
 19.01 TENANT IMPROVEMENTS. Tenant shall take the space in as-is condition. Furthermore, any materials and labor required for
the installation of Tenant’s telephone and data systems shall be at Tenant’s expense. 
  

			
	Lease Agreement - Rider	  	Page 1

 EXHIBIT C 
 RULES AND REGULATIONS 
  

	(a)	Any sign, lettering, picture, notice or advertisement shall be placed on any outside window or in a position to be visible from outside the Premises without the written consent of
Landlord. If such consent is granted, such signage shall be installed by Landlord at Tenant’s cost and in such manner, character and style as Landlord may approve in writing. 

  

	(b)	Tenant shall not advertise the business, profession or activities of Tenant conducted in the Building in any manner which violates the letter or spirit of any code of ethics adopted
by any recognized association or organization pertaining to such business, profession or activities, and shall not use the name of the Building for any purpose other than that of business address of Tenant, and shall never use any picture or
likeness of the Building in any circulars, notices, advertisements or correspondence without Landlord’s express consent in writing. Tenant shall not do any act tending injure the reputation of the Building. 

  

	(c)	No article which is explosive or inherently dangerous is allowed in the Building. 

  

	(d)	Tenant shall not obstruct, or use for storage, or for any purpose other than ingress and egress the sidewalks, entrances, passages, courts, corridors, vestibules, halls and
stairways of the Building. 

  

	(e)	No bicycle or other vehicle, no dog or other animal or bird shall be brought or permitted to be in the Building or any part thereof. 

  

	(f)	Tenant shall not make or permit any noise or odor that is objectionable to other tenant or occupants of the Building to emanate from the Premises, and shall not create or maintain a
nuisance thereon. 

  

	(g)	Tenant shall not disturb, solicit or canvass any occupant of the Building. 

  

	(h)	Tenant shall not install any musical instrument or equipment in the Building, or any antennas, aerial wires or other equipment inside or outside the Building, without, in each and
every instance, prior approval in writing by Landlord. The use thereof, if permitted, shall be subject to control by Landlord to the end that others shall not be disturbed or annoyed and shall require Tenant to indemnify Landlord for any damage to
the Building caused by the installation of such antennas, aerial wires or other equipment. 

  

	(i)	Tenant shall not waste water by tying, wedging or otherwise fastening open any faucet. 

  

	(j)	No additional locks or similar devices shall be attached to any door. No keys for any door other than those provided by Landlord shall be made. If more than two keys for one lock
are desired by Tenant, Landlord may provide the same upon payment by Tenant. Upon termination of this Lease or of Tenant’s possession, Tenant shall surrender all keys to the Premises and shall make known to Landlord the explanation of all
combination locks on safes, cabinets and vaults. 

  

	(k)	Tenant assumes all responsibility for the locking of doors in and to the Premises and for protecting the Premises from theft, robbery and pilferage. Any losses resulting from
neglect of this clause shall be paid for by Tenant. 

  

			
	Lease Agreement – Exhibit C	  	Page 1

	(l)	Any and all shades, draperies or other forms of inside window covering must be of such shape, color and material as approved and installed by Landlord. 

  

	(m)	Tenant shall not overload any floor. Safes, furniture and all large articles shall be brought through the Building and into the Premises at such times and in such manner as Landlord
shall direct and at Tenant’s sole risk and responsibility. Tenant shall list all furniture, equipment and similar articles to be removed from the Building, and the list must be approved by Landlord or its agent before Tenant will be permitted
to remove any such article. 

  

	(n)	Unless Landlord gives advance written consent in each and every instance, Tenant shall not install or operate any steam or internal combustion engine, boiler, machinery,
refrigerating or heating device or air-conditioning apparatus in or about the Premises, or carry on any mechanical business therein, or use the Premises for housing accommodations or lodging or sleeping purposes, or do any cooking therein or install
or permit the installation of any vending machines, or use any illumination other than electric light, or use or permit to be brought into the Building any inflammable oils or fluids such as gasoline, kerosene, naphtha and benzene, or any explosive
or other articles hazardous to persons or property including firearms or other weapons. 

  

	(o)	Tenant shall not place or allow anything to be against or near the glass or partitions, doors or windows of the Premises which may diminish the light in, or be unsightly from the
exterior of the Building, public halls or corridors. 

  

	(p)	Tenant shall not install in the Premises any equipment which uses an unusual amount of electricity without the advance written consent of Landlord. “Unusual amount of
electricity” shall mean any one or all of the following: (1) use of a lighting system which requires more electricity than the standard lighting fixtures provided in the Building by Landlord; (2) the electrical load of electrical
equipment (other than lighting) used in the Premises exceeding an average of two watts per square foot of the Premises; (3) electricity which is not at a nominal 120 volts; (4) electrical circuits with a capacity exceeding 20 amperes;
(5) electricity used for equipment and/or accessories not normal for ordinary office use. If Landlord consents to such use of an unusual amount of electricity, Tenant shall ascertain from the Landlord the maximum amount of electrical current
which can safely be used in the Premises, taking into account the capacity of the electric wiring in the Building and the Premises and the needs of the other tenants in the Building and shall not use more than such safe capacity. Landlord’s
consent to the installation of electric equipment shall not relieve Tenant from the obligation not to use more electricity than such safe capacity. 

  

	(q)	No floor covering shall be affixed to any floor in the Premises by means of glue or other adhesive without Landlord’s prior written consent. 

  

	(r)	Tenant shall only use the freight elevator for mail carts, dollies and other similar devices for delivering material between floors that Tenant may occupy. 

 

	(s)	No smoking is permitted in the Building. Smoking is restricted to designated areas. 

  

			
	Lease Agreement – Exhibit C	  	Page 2

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