Document:

Customer Agreement dated as of July 26, 2007

 MORGAN STANLEY & CO. 

INTERNATIONAL LIMITED 
 MORGAN STANLEY 
 SECURITIES LIMITED 

Customer Documents 

(Market Counterparty Non-Private Customer) 
 Exchange-traded Derivatives Only 
 May 1999 

 NON-PRIVATE CUSTOMER DOCUMENTS 

(EXCHANGE-TRADED DERIVATIVES) 
 TABLE OF CONTENTS 
 Please read the contents of Part One before signing the Customer Signatures
pages in Part Three. 
  

							
	 	  	Page	 
	PART ONE:	 	NON-PRIVATE CUSTOMER AGREEMENT	  			
	(Exchange-Traded Derivatives)	  			
			
	Chapter	 	I Introduction	  			
		 	II Terms Applicable To Dealings	  	 	8	  
		 	III Margin	  	 	11	  
		 	IV Material Interests	  	 	17	  
		 	V Powers and Exclusions of Liability	  	 	18	  
		 	VI Authorisation	  	 	22	  
		 	VII General	  	 	24	  
			
	PART TWO:	 	MASTER NETTING AGREEMENT	  			
			
	PART THREE:	 	SCHEDULES	  	 	48	  
			
	PART FOUR:	 	CUSTOMER SIGNATURE PAGES	  	 	49	  
			
		 	Non-Private Customer Documents	  	 	49	  
		 	Customers Domiciled in Luxembourg only	  	 	49	  
		 	Third Party Trading Authorisation	  			
		 	Certificates of Authority to Deal	  			
		 	Certificate of Trustees	  			

  
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 PART ONE 
 NON-PRIVATE CUSTOMER AGREEMENT 
 (Exchange-Traded Derivatives)

 Made in compliance with the Rules of The Securities and Futures Authority Limited (“SFA”) 

THIS AGREEMENT is made as of the date specified on the first customer signature page below BETWEEN: 

 

	(A)	You, as the client named on the customer signature page; and 

  

	(B)	MORGAN STANLEY & CO. INTERNATIONAL LIMITED (“MSIL”) AND/OR MORGAN STANLEY SECURITIES LIMITED (“MSSL”) both of 25 Cabot Square, Canary
Wharf, London E 14 4QA. MSIL is regulated by SFA, and MSSL is regulated by SEA and a member of the London Stock Exchange. 

 IT IS
HEREBY AGREED AS FOLLOWS: 
 We will treat you as a NON-PRIVATE CUSTOMER regarding all investment business regulated by SFA which we carry on for
or with you pursuant to this Agreement other than for any business referred to below under “Market Counterparties”. 
 All investment
business mentioned in Clause 2 below which we carry out with you or on your behalf as a Non-Private Customer will be carried out under the terms and conditions set out below (as amended or supplemented from time to time) and the Customer Documents.

 Market Counterparties 
 The
terms of this Agreement and the Customer Documents will also apply to investment business which we carry out with you or on your behalf if, in respect of such business, you are a market counterparty. 

CHAPTER 1- INTRODUCTION 
  

	1.	Interpretation 

 In the
Customer Agreement, the words and phrases below have the following meanings: 
 “acting in due capacity” in
relation to you means as beneficial owner or, where some other person is beneficial owner, as trustee or agent for and (in either case) with all requisite authorities from that other person; 

“Applicable Law” includes without limitation 

 

	 	(a)	Market Requirements, and 

  

	 	(b)	the rules, regulations, orders, directives, announcements, decisions, procedures, terms, other requirements and/or customs made, given or issued by, or published under
the authority of any Regulatory Body, all as amended, supplemented or replaced from time to time; 

“Approved Custodian” means such bank, financial institution or company approved by us, or any nominee company or trust
corporation which is a subsidiary thereof; 

 “Asset” means currencies, Securities (including futures or option
contracts), deposits or physical assets; 
 “Associated Firm” means any company in the Morgan Stanley Dean
Witter & Co. group of companies and, as the context requires, any other person connected with us. 

“Broker” means such member of an Exchange and/or Clearing House as is instructed by us to enter, clear or settle any
transaction on an Exchange; 
 “Charged Securities” means such Securities as 

 

	 	(a)	with our agreement, you (or any person for your account) by way of security have depesited with or transferred to or may hereafter deposit with or transfer to us or our
agents or nominees for with or to co order, account, direction or control), wholly or partly in satisfaction of a demand for Margin. WL: shali have sole discretion to determine the type, amount and quality of the Securities that you may deposit or
transfer as Charged Securities; 

  

	 	(b)	are or may at any time hereafter be held (in a clearance system or otherwise) 

 

	 	(i)	to our order by or for the account of an Approved Custodian or 

  

	 	(ii)	by, or to the order of, for the account of or under the control or direction of us (or our agents or nominees) and in either case which have, with our agreement, by way
of security been made subject to the terms of the charge in Clause 19.2; 

 “Clearing House” means
any clearing house providing settlement or clearing or similar services for, or as part of, an Exchange; 
 “Client
Contract” means a futures or option contract between us and you, which is matched by an identical Contract; 

“Client Money” means all initial and variation cash Margin, option premiums and all other sums received from or due to
you pursuant to the Customer Documents which is “Client Money” within the meaning of the Client Money Regulations; 

“Client Money Regulations” means The Financial Services (Client Money) Regulations 1991, The Financial Services (Client
Money) (Supplementary) Regulations 1991 and the related client money rules in Chapter 4 of the rules of SEA; 
 “Close
out” means the entering into of a Contract equal and opposite to a Contract previously entered into (and each matching a Client Contract) to create a level position in relation to the Assets underlying the Contracts, or in relation to the
Contracts themselves, and fix the amount of profit or loss arising from such Contracts and the corresponding Client Contracts; 

“Contract” means a futures or option contract entered into by us on an Exchange or with or through a Broker pursuant to
Clause 3; 

  
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 “Customer Documents” means this Agreement, Master Netting Agreement, any
notice (including but not limited to any “Notice of treatment as a Non-Private Customer” or “Notice of treatment as a Market Counterparty”) and any Further Schedules (including, without limitation, confirmations, contract notes
and statements) and additional documents relating directly to or indirectly to the services provided under Clause 2 below and accompanying this Agreement whether or not expressly incorporated in this Agreement and each as amended and/or supplemented
from time to time; 
 “Exchange” means any exchange, market or association of dealers in any part of the world
on or through which investments or currencies or assets underlying, derived from or otherwise related directly or indirectly to investments or currencies are bought and sold and includes, without limitation, any automated trading system administered
by an Exchange; 
 “FSA” means the Financial Services Authority and any successor thereto, the central
regulatory authority for United Kingdom investment business; 
 “FSA 1986” means the Financial Services Act 1986
of the United Kingdom and any successor thereto; 
 “Further Schedule” means any further schedule or notice
issued by us to you after the date of this Agreement; 
 “a futures or option contract” means a contract, for
future delivery and/or settlement, to (a) buy or sell an Asset and/or (b) pay or receive a sum of money by reference to an index or formula (including without limitation the price or value of any Assets); 

“LCH” means The London Clearing House Limited; 
 “LIFFE” means the London International Financial Futures and Options Exchange and/or, as the context requires, LIFFE Administration and Management; 

“Margin” means the amount of cash (including premiums) as may from time to time be demanded by us from you to protect us
against any loss or risk of loss on present, future or contemplated Contracts and/or ClientContracts; 
 “Margin
Account” means a client bank account with such approved bank or banks as we may from tune to time determine, which (in the case of any such account in which Client Money is held) is a margined transaction bank account within the meaning of
the Client Money Regulations; 
 “Market Requirements” means 

 

	 	(a)	the constitution, by-laws, rules, regulations, orders, directives, announcements, decisions, procedures, standard terms and customs trade. issued by, or published under
the authority of any Exchange, Clearing House, self-regulating organisation or market of which we or any relevant Associated Firm or any Broker is a member, or to whose authority we are or any of them is subject, directly or indirectly, or where the
relevant transaction is executed and/or cleared, and 

  
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	 	(b)	any other requirements of the relevant Exchange, Clearing House or Broker (including without limitation any and all agreements and deeds entered into by us or any
relevant Associated Firm or Broker with or in favour of the relevant Exchange, Clearing House or Broker), 

 all as
amended, supplemented or replaced from time to time; 
 “Open Contract” means a Contract which has not been
closed out and which has not yet matured; 
 “Regulatory Body” means any Exchange, Clearing House, governmental,
quasi-governmental or other department, agency or self-regulating organisation of which we are a member which has direct or indirect regulatory or enforcement authority or responsibility over us (or to any relevant Associated Firm or Broker), or any
investment business conducted by us or such relevant Associated Firm or Broker for or with you; 
 “Rules” means
the FSA Statements of Principle, the rules of SEA, the Client Money Regulations and the Common Unsolicited Calls Regulations; 

“Securities” means securities, investments and financial instruments; 

“Taxes” means taxes, duties, imports and fiscal and regulatory charges of any nature, wherever and whenever imposed,
including without limitation, value added taxes, stamp and other documentary taxes and Exchanges and Clearing House and investment industry levies; and 
 “Transaction” means the entering into of a Contract, closing out or effecting delivery and/or settlement of a Contract (which terms shall include exercise or allocation of an option
Contract) pursuant to the Customer Documents. 
 References herein to “we” or “us” shall mean MSIL and/or
MSSL and/or each or any of our Associated Finns or members of a relevant Exchange to whom we have delegated pursuant to Clause 3 and/or (in Clauses 9, 21 and 22) any associate of MSIL and/or MSSL, and references to “our” shall be construed
accordingly, 
 Any words or expressions to which a meaning is given in the Rules, shall, except where the context indicates
otherwise, have the same meaning in the Customer Documents. 
 Words importing the singular shall, where the context permits,
include the plural and vice versa. The expression “person” shall include any firm, partnership, association of persons and body corporate and any such persons acting jointly and the personal representatives or successors in title of any
such person. Where the customer comprises two or more persons the liabilities and obligations under the Customer Documents shall be joint and several. References to “writing” shall include telex, facsimile transmission or transmission of
text by any other electronic means. References to statutory provisions, rules and regulations shall include any modification, re-enactment or re-making thereof. 
 All headings are for convenience only and shall not affect the interpretation of the Customer Documents, 

  
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	2.	Services to be provided 

  

	2.1	The services which we may provide to you are genera] investment and dealing services in financial and commodity options, futures and contracts for differences traded on
an Exchange, together with related research, advice, clearing and settlement facilities and any other services agreed between us. 

  

	2.2	We shall not undertake discretionary transactions for you unless you have signed and returned to us a Discretionary Trading. 

 

	3.	Delegation 

  

	3.1	We may arrange for any of our Associated Firms or any other member of a relevant Exchange to carry out the services to you, which we agree to provide to you pursuant to
this Agreement. 

  

	3.2	We may designate a Broker to execute, clear and/or settle any transaction subject to the Rules and to such conditions as we may impose. 

 

	4.	Introduction of business 

  

	4.1	4.1 We may introduce you to any Associated Firm outside the United Kingdom and you hereby authorise us on any such Associated Firm’s behalf to expressly invite it
to call you with a view to entering into investment transactions from time to time with or for you. If such Associated Firm agrees to do so: 

  

	 	(a)	you shall have a direct relationship solely with such Associated Firm and, in any dispute between, or claim against, you and/or any such Associated Finn, you shall have
no recourse to us; and 

  

	 	(b)	you may place orders with us for the Associated Firm to execute, subject to its terms. In any of these transactions, we will act as agent for the Associated Finn, and
nothing we do in connection with such transactions will make us your agent. 

  

	4.2	For any transaction or other investment services provided to you by such Associated Firms, only the following provisions of this Agreement will apply as between us and
you, as the context may require and each as amended from time to time; 

  

	 	(a)	Clauses 1, 2, 4, 5.2, 8, 9, 21, 22, 26, 29-31 and Chapters VI and VII, Schedule 2 and Schedule 3; and 

 

	 	(b)	in the case of the latest Notice of Treatment sent by us to you as a non-private customer or market counterparty, paragraphs I and 2 of that Notice.

  

	5.	Dealings and rules, regulations and restrictions 

  

	5.1	All Client Contracts and Transactions shall be subject to applicable Market Requirements and Applicable Law; provided that: 

 

	 	(a)	if there is a conflict between (i) the Customer Documents and (ii) any such requirements and/or law, the latter will prevail; and 

  
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	 	(b)	We are entitled to take or omit to take any action we consider fit or appropriate to ensure compliance with such laws and requirements; all actions we take will be
binding on you. 

  

	5.2	We are authorised by you at any time to do any thing or disclose any matters concerning you or your dealings (whether or not pursuant to the Customer Documents) if
required by any Applicable Law, or which we are requested to do or disclose by any Regulatory Body. 

 CHAPTER
II - TERMS APPLICABLE TO DEALINGS 
  

	6.	Contracts and client contracts 

  

	6.1	If we carry out a Transaction on your request or pursuant to Clause 24 below: 

 

	 	(a)	a corresponding Client Contract shall come into existence on the purchase or sale of a Contract or, as the case may be exercise and allocation of an option Contract in
respect of which the underlying Asset is a futures Contract. The Client Contract will terminate when the Contract is closed out, settled or delivered; and 

  

	 	(b)	you will have the obligations in relation to the Transaction and the Client Contract that are mentioned in this Agreement and the Customer Documents.

  

	6.2	For each Client Contract, we will have made or placed an equivalent Contract on the floor of the relevant market (by open outcry on the floor of, or on an automated
trading system administered by, a futures and options Exchange or the futures or options market of any other Exchange) or will have entered into an equivalent Contract with Broker pursuant to Clause 3 and we shall thus have an interest in the
Transaction. 

  

	6.3	Any Contract which we acquire as a result of your instructions will, unless the position has been closed out, result in you becoming liable to us in relation to the
corresponding Client Contract for actual delivery of its underlying Asset or payment of the relevant price, under and subject to Market Requirements. 

  

	7.	Acceptance and execution of orders 

  

	7.1	Every order which we may take is accepted and executed, and every Client Contract shall be entered into, on the basis that we contract with you only as a principal and
not as agent for you unless otherwise required by Market Requirements. 

  

	7.2	If we have to carry out a Transaction as agent on an Exchange where we would not deal as principal then, for that Transaction, you agree to be bound by all Market
Requirements of that Exchange and you undertake to sign and deliver to us any further Customer Documents as we may require. Unless we otherwise require, Market Requirements of that Exchange will be incorporated herein. 

 

	8.	Aggregation of orders 

 We may aggregate
your orders with our own (in-house) orders and/or orders of our associates, connected customers and/or other customers. This aggregation may operate on some occasions to your advantage and on others to your disadvantage. 

  
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	9.	Research and recommendations 

  

	9.1	We are under no obligation to provide research reports and recommendations to you and, where provided, you may not receive them at the same time as our other customers.

  

	9.2	Our employees, officers and directors may receive, know about, act upon or use such research reports and recommendations before they are received by our customers, We
are under no obligation to take account of these reports or recommendations when we deal with or for you. 

  

	10.	Client actions 

  

	10.1	You will take any action and give us in relation to the corresponding Client Contract any information that we ask for in relation to the delivery, settlement, and, if a
purchased Option Contract, the exercise or allocation, of any Contract which has not been closed out. 

  

	10.2	Notwithstanding Clause 10.1 above and regardless of any right of equity, set-off or counterclaim which you may have or allege against us, any of our Associated Firms or
any person connected with us, you will promptly take all action necessary (including the supply of information) to enable us to settle or deliver any Contract which you have instructed us to open and which has not been closed out at the time such
Contract is to be performed. 

  

	11.	Closing Out 

  

	11.1	Subject in particular to Clauses 3 to 8 and 33.3, Market Requirements and any further requirements we notify you of, you may at any time before the date for performance
of a Client Contract request us to close out the matching Contract or, if a purchased option Contract, exercise that Contract in accordance with its terms. if the closing out or exercise results in a sum of money being due to us, the relevant
Exchange, Clearing House and/or Broker, we shall notify you of that amount, which will be payable by you immediately. 

  

	11.2	Unless we in our absolute discretion determine otherwise or we accept instructions from you to do otherwise, equal and opposite Contracts and Client Contracts (closing
out being determined on a “first in, first out” basis) will automatically fix the amount of profit or loss in relation thereto. 

  

	12.	Allocation 

 If the relevant Clearing
House and/or Broker does not allocate long Open Contracts at maturity directly to a specific account of ours or to short Client Contracts (or vice versa) we may allocate those Contracts at random or in a way which seems to us to be most equitable as
between clients. If dealings on our own account are involved at the same time, allocation will be to all clients firs, and we will receive no allocation until all relevant Client Contracts have been satisfied. 

 

	13.	Delivery to you 

 When we receive any
amounts and/or Assets (including documents of title), pursuant to a Transaction, provided that you have fulfilled all your obligations under this Agreement and subject to Clause 15, 18.3, 22.2 and 24.2, we will deliver such amounts and/or Assets to
you in respect of the corresponding Client Contract, after deduction of any Charges and Taxes. 

  
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	14.	Option Premiums 

 In respect of an option
Contract matching a Client Contract: 
  

	 	(a)	if you are a buyer, you will pay to us on demand any premium payable under the rules of the relevant Exchange and/or Clearing House (“the premium”); and

  

	 	(b)	if you are a seller, when we receive premium from the relevant Exchange, Clearing House and/or Broker we will pay it into the Margin Account as Margin for your account.
You may be required to pay further margin in respect of the relevant Contract and corresponding Client Contract. 

  

	15.	Alteration of Contracts 

 If the relevant
Exchange, Clearing House or Broker requires any terms or conditions of any Contract matching a Client Contract (including the Assets subject to it) to be altered, we may take all actions as may, in our absolute discretion, be necessary, desirable or
expedient to comply with such requirements or to avoid or mitigate loss resulting from any alteration. All actions taken by us will be binding on you, and any alteration will be deemed incorporated into the corresponding Client Contract. We shall
notify you of any alteration (in advance, where reasonably practicable). 
  

	16.	Charges 

  

	16.1	Our charges will either be a commission or a mark-up or mark-down on the fee payable by us to any Exchange, Clearing House and/or Broker for the relevant Transaction
and/or such other amounts as may be agreed from time to time between you and us. Our charges vary according to the transaction and customer, so the charges you pay for any particular transaction may differ from those another customer may pay in a
similar transaction. 

  

	16.2	We may share charges with our Associated Finns or other third parties or receive remuneration from them for transactions carried out with or for you. Details of any
such arrangements will be made available to you on your written request. 

  

	16.3	 You shall pay to us brokerage commissions (covering both the taking and liquidation of a position) equal to U.S.$10 per round-turn (except with respect
to certain Japanese exchanges, as described below). This rate includes (i) all fees incurred by for trades on the London Metal Exchange, and (ii) all floor brokerage fees, exchanges fees, clearing house fees, “give up” or
transfer fees, any costs associated with taking delivery on Contracts and the execution of cash transactions relating to exchange of futures for physicals (“EFP”) transactions. We may, however, change a service fee for spot contracts in
connection with the establishment of a futures position in an EFT) Contracts executed on (i) the Tokyo Stock Exchange and the Osaka Securities Exchange are subject to round-turn commissions, exclusive of taxes and fees, of 8,500 yen, and on
(ii) the Tokyo International Financial Futures Exchange to round-trip commissions, exclusive of taxes and fees, 3,000 yen. All such commission charges will be payable monthly, as of the first business day of each month. You shall also pay to us
at such time; (i) any tax imposed on such transactions by any competent taxing authority; (ii) the amount of any trading losses in the Account; (iii) any debit balance or deficiency in the Account; (iv) interest on any

  
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debit balances or deficiencies in the Account, at the overnight rate customarily charged by us, together with costs and reasonable attorneys’ fees incurred in collecting any such debit
balance or deficiency; and (v) any other amounts owed by you to us with respect to the Account or any transactions therein. Except as otherwise set forth herein, you and not us shall be responsible for all taxes, management and incentive fees
to the Trading Advisors and for the extraordinary expenses incurred by it. 

  

	17.	Interest 

  

	17.1	We will not pay interest to you on any Client Money or other money, which we receive from you or hold on your behalf, as such rates as may be agreed from time to time
unless we separately agree to do so. 

  

	17.2	Interest will accrue on the amount that you have not paid us when due until payment (as well after as before judgement). Such interest will be calculated at the rate
not to exceed 2 per cent per annum above the base rate or prime rate (or local equivalent thereof) of the bank (or if there is more than one bank, the one determined by us in our absolute discretion) at which we maintain our principal
securities settlement or other relevant account in the relevant currency, if such rate cannot be ascertained for any reason or is insufficient in our sole judgement to compensate us for our loss or expense, such interest shall be calculated at the
rate per annum conclusively determined by us to be equal to the loss of interest we suffer or, as applicable, our cost of funding at prevailing markets rates the amount you owe from such sources and for such periods as we may decide.

  

	17.3	Caps on Brokerage and Interest. Notwithstanding the foregoing, the aggregate of (i) brokerage fees payable by you, and (ii) the net excess interest and
compensating balance benefits to us and our affiliates (after Dean Witter Reynolds Inc (“DWR”) crediting you with interest and described in the DWR Customer Agreement) cannot exceed 14% annually of your average month-end Net Assets (as
defined in the Private Placement Memorandum of Each Customer listed in Schedule A) during each calendar year; provided, however, that we will not be responsible for monitoring such limitation. 

CHAPTER III - MARGIN 
  

	18.	Margin Payment and Client Money 

  

	18.1	You will pay to us upon demand such sums as we may in our absolute discretion require from time to time as Margin in respect of all present, future or contemplated
Contracts and Client Contracts. 

  

	18.2	As soon as practicable we will pay or credit all Client Money or other Margin to a Margin Account at an approved bank (which may be any of our Associated Firms) that we
select. The currency of the Margin you pay to us shall be the currency of the relevant underlying Contract or, if agreed by us and you, another currency. Settlement of all transactions (including Margin payments thereon) will be made in the currency
of the relevant underlying Contract and you bear all risk and cost in respect of any conversion of currency in a Margin Account. Any such conversion will be made by us at such reasonable market rate or rates as we will determine.

  
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	18.3	You agree that we will hold your interest under the trust declared under the Client Money Regulations and all other Client Money, which is in a Margin Account on trust
in the following order of priority: 

  

	 	(a)	for ourselves to the extent of all amounts which are or may become due to us or payable by us on your behalf under or pursuant to the Customer Documents; and,
thereafter 

  

	 	(b)	for you to the extent of any surplus which is due to you after the payment of all amounts due to or payable by us under paragraph (a) above.

  

	18.4	We may withdraw Client Money and/or any other money held in a Margin Account to pay to any Broker, Clearing House, Exchange or other parties all margins, premiums and
other sums on futures and options Contracts demanded or due from us in respect of our clients, and for any other purposes allowed under the Client Money Regulations. 

 

	18.5	Subject to the terms of the Client Money Regulations, any loss incurred on default by any Exchange, Clearing House or Broker in respect of Margin paid by us shall be
borne by all of our clients at the date of such loss pari passu, in proportion to their respective entitlement to monies in the relevant Margin Account at that time. 

 

	18.6	Where you agree to effect transactions, or if you give instructions to us to effect transactions in a jurisdiction outside the United Kingdom, then we may need to
appoint an intermediate broker, settlement agent or custodian to undertake those transactions. In order to meet the margin and settlement obligations to the relevant Exchange or Clearing House, we may need to pass your money and/or assets to an
intermediate broker, settlement agent or custodian in that jurisdiction. In that event you should note that there may be different settlement and legal and regulatory requirements in these overseas jurisdictions together with different practices for
the separate identification of your investments and your money might not be protected as effectively when held by such an intermediate broker as if it were held in a client bank account in the United Kingdom. You should note that in the event of a
shortfall arising on the money available to meet the claims of segregated clients, your claim will be restricted to the money held in our client bank accounts in respect of transactions carried on through that intermediate broker and to any money
received from the intermediate broker relating to those transactions. 

  

	18.7	The approved bank at which your money is held may be located outside the United Kingdom. You should note that the legal and regulatory regime applying to such banks may
be different from that of the United Kingdom and in the event of a default of the approved bank, your money may be treated differently from the position that would apply if the money was held by an approved bank in the United Kingdom.

  

	19.	Margin Securities 

  

	19.1	Amounts you owe to us by way of Margin under Clause 18 may, in our absolute discretion, be satisfied by way of deposit or transfer of Charged Securities as security. We
may, in our discretion, permit you to deliver by way of Margin, Charged Securities other than those accepted by the relevant Exchange or Clearing House as Margin. Our charges for providing this facility to you will be separately agreed with you,
This Clause 19 will apply to all Securities delivered by way of Margin, Charged Securities will not (unless we agree otherwise) be registered in your name. 

  
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	19.2	As continuing security for all your liabilities and obligations under the Customer Documents, you acting in due capacity (and with the intent that the security so
constituted shall be a security in our favour extending to all beneficial interests in the assets hereby charged and to any proceeds of sale or other realisation thereof, including any redemption monies paid or payable in respect thereof) hereby
assign, charge and pledge to us, free of all adverse interests whatsoever by way of first fixed charge, all Charged Securities. Each Approved Custodian will hold to our order all Charged Securities held by it for its account.

  

	19.3	You will forthwith execute on request all transfers, assignments, mortgages, charges and other documents, give notices and directions and do any other acts and things
as we may specify, to enable us or our nominee to be registered as the owner of or otherwise obtain legal title to any Charged Securities, to perfect our rights with respect to the security referred to in this Clause 19, to secure further your
liabilities and obligations, to facilitate the exercise of our rights hereunder, or to satisfy any Market Requirements. 

  

	19.4	You will not, without our prior written consent, at any time during the term of this Agreement, grant or agree to grant any option over, sell, assign or transfer, or
agree to attempt to sell, assign or transfer, or create, agree or attempt to create, or allow to exist any charge, lien, or other encumbrance on or over any or all of the Charged Securities, except for the charge set out above.

  

	19.5	We will hold all Charged Securities for the purposes of satisfying any and all of your obligations and liabilities under the Customer Documents. We may, without prior
notice, free of any interest therein of yours, any client of yours or any other person for whom you are trustee or agent: 

  

	 	(a)	deposit, charge, pledge or otherwise create security over the Charged Securities with, to the order of or in favour of any Exchange, Clearing House or Broker

  

	 	(i)	on such terms as such Exchange or Clearing House may prescribe, and 

  

	 	(ii)	on terms that, subject to the Rules, the Broker may deal with the Charged Securities in accordance with Market Requirements and any agreement made with us;

 The relevant Exchange, Clearing House or Broker may enforce and retain such deposit, charge, pledge or other security to
satisfy any obligations of yours or ours to the Exchange, Clearing House or Broker; and 
  

	 	(b)	register, sell, realise, charge or otherwise deal with the Charged Securities on such terms (including as to the consideration received therefore) as we may in our
absolute discretion think fit (with prior reference to you where practicable, but in any case with subsequent notice to you, and without being responsible for any loss or diminution in price). Any consideration received will be credited to the
Margin Account. 

 If Charged Securities are denominated in a different currency from that in which any relevant cost, damage,
loss, liability, or expense is denominated, we may convert any amount realised at such rate as we determine at the time. 

  
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	19.6	Where we deposit, pledge or charge Charged Securities under Clause 19.59(a) the part of the proceeds of any sale of those securities exceeds: main requirements to us
will be subject, in the event of our default, to the pooling rules under die Client Money Regulations. This means that money held in our Client Money bank accounts is pooled and distributed pari passu to meet the claims of all customers who
are entitled to protection under the Client Money Regulations. If there is a shortfall in an overseas Client Money bank account, a separate pool may be formed for all customers whose money was held in that account. 

 

	19.7	When we are satisfied that all costs, damages, losses, liabilities and expenses incurred under the Customer Documents have been satisfied, discharged or otherwise
released, we may re-transfer or, re-deliver any certificates or documents of title relating to you upon request. 

  

	19.8	You agree that if we re-transfer or re-deliver fungible Securities (whether Charged Securities or otherwise) to you, these need not be the identical Securities
originally deposited, charged, or transferred to us, and you will accept Securities of the same class and denomination or other Securities which then represent the same. 

 

	19.9	Pending the re-transfer or re-delivery we will credit any income received in respect of Charged Securities, net of any Taxes payable by us (whether by withholding or
otherwise) on the income, to the Margin Account. You may direct us as to the exercise of any voting or other rights attached to or conferred on any Charged Securities. 

 

	19.10	Unless the context otherwise requires, references in this Clause 19 to “we” or “us” includes references to any person holding any of the Securities
or in whose name any of them may be registered. 

  

	20.	Custodian activities and documents of title 

  

	20.1	We may (subject to the Rules) act, or may appoint any of our Associated Firms which are eligible custodians or any other eligible custodian (as defined by the SFA) to
act, as custodians of your documents of title or certificates evidencing title to your assets (including Charged Securities, except where absolute title passes to us). 

 

	20.2	If we consider it appropriate to register your registrable assets in a name other than your own, then we may arrange such registration in the name of a nominee company,
which is controlled by: 

  

	 	(a)	ourselves; 

  

	 	(b)	an Associated Firm; 

  

	 	(c)	a recognised or designated investment exchange; or 

  

	 	(d)	an eligible custodian (as defined by the Rules) which may be an Associated Firm. 

 Such assets will be held by such nominee on trust for you, except that, in the case of assets held by a custodian which is not an affiliate of ours, the nominee shall hold its rights against such
custodian on trust for you. 

  
 - 14 -

	20.3	Where, due to the nature of the law or market practice of an overseas jurisdiction, it is in your best interests, or it is not feasible to do otherwise we shall
register your assets in the name of an eligible custodian or ourselves. If your assets are registered in our name you should note that your assets may not be segregated from the assets of our firm and in the event of our default you may not be as
well protected. 

  

	20.4	Assets will only be held/registered outside the normal SFA requirements upon your specific written instructions. You should note that the consequences of doing so are
entirely at your own risk. 

  

	20.5	Where assets are held on your behalf overseas, you should note that there may be different settlement, legal and regulatory requirements in those jurisdictions from
those applying in the UK, together with different practices for the separate identification of your investments. 

  

	20.6	Your assets may be pooled with those of one or more customers. This means that individual customer entitlements may not be identifiable by separate certificates, other
physical documents of title or equivalent electronic record and in the event of an unreconcilable shortfall after the default of a custodian, customers may share in that shortfall pro-rata. 

 

	20.7	We will collect any dividends, interest, or other entitlements, in cash or in kind, to which you may be entitled and of which we are notified and will remit to you such
dividends or interest as soon as possible after deduction of any Taxes payable or credit them to such account of yours as we may consider appropriate. 

  

	20.8	in respect of any investments held on your behalf by us or a third party appointed by us under or pursuant to the Customer Documents, if we are notified of any voting
and/or any other rights or privileges (including without limitation conversion and subscription rights and rights or privileges arising in connection with takeovers, other offers or capital reorganistions) attaching to those investments may be
exercised, we will notify you as soon as reasonably practicable of such rights and/or privileges. 

 If you unambiguously inform
us in writing within 14 days of such notice (or such shorter period as may be specified or appropriate) that you wish us to exercise the rights and/or privileges and we have sufficient cleared funds, we will do so but only on such terms as you
advise in writing and which are reasonably acceptable to us. 
 Otherwise we will not exercise any such rights and/or privileges.
Notwithstanding the absence of satisfactory instructions or sufficient funds, in the event that we are notified that subscription rights attach to any investments that we or such third party hold on your behalf we may, in our or its absolute
discretion, dispose of such rights on your behalf in such manner as we think, or it thinks, fit. 
  

	20.9	 If we are notified by any third party appointed by us under or pursuant to the Customer Documents, or by any company in which we or such third party
hold investments on your behalf that such company intends to make calls upon those investments in respect of any monies whatsoever unpaid on them, we will notify you as soon as practicable of such calls. If you provide us with the relevant funds in
sufficient time for us to do so, we will satisfy such calls on your behalf and on such terms as you advise in writing and which are reasonably practicable to us. Otherwise we shall take no action on your behalf and

  
 - 15 -

	 	 
will have no liability whatsoever in respect of the consequences of a failure to satisfy the calls made. However, where the custodian is legally liable to meet such calls it may do so and you
will reimburse us forthwith upon demand. 

  

	20.10	Subject to Clauses 19, 20.11 and 24 and the Rules we are not authorised to: 

 

	 	(a)	borrow money on your behalf against the security of your Securities; or 

  

	 	(b)	lend any documents of title or certificates evidencing title to any third party; or 

 

	 	(c)	otherwise use your documents of title or other documents evidencing title to investments belonging to you for our own account or for the account of another of our
customers. 

 In each case, unless we have first entered into a written agreement with you giving us such authorisation.

  

	20.11	(a) Without prejudice to Clause 19.5, you hereby authorise MSIL at any time or times to borrow, lend or otherwise use for its own purposes any Charged Securities
without giving notice of such borrowing, lending or other use to you. MSIL may retain for its own account all fees, profits and other benefits received in connection with any such borrowing, loan or use. Upon such borrowing, lending or other use,
such Charged Securities will become the absolute property of MSIL (or that of such transferee) free from the security created hereunder and from any equity, right, title or interest of yours and you will thereupon have a right against MSIL for the
delivery of Securities of the same issuer, forming part of the same issue and of an identical type, nominal value, description and amount as such Charged Securities (provided that where there has been any corporate action or other events in relation
to any such Charged Securities, we may determine what assets (which may consist of and include money or other property) are to be treated as equivalent for this purpose) (“Equivalent Securities”). 

 

	20.11	(b) MSIL may deliver, or procure the delivery of, Equivalent Securities to you under Clause 20,11(a) by causing such Equivalent Securities to be transferred,
appropriated or designated to your account(s) charged to it from which such Securities were held prior to such use or, if not possible to do so, to such other of your accounts charged to MSIL as MSIL shall determine. Such Securities shall upon such
transfer, appropriation or designation become subject to all the provisions of the Customer Documents, including, without limitation, those of Clause 19 and this Clause 20.11. 

 

	20.11	(c) Our obligation to return Equivalent Securities under this paragraph may, if we so elect, be included in any set-off of obligations of ours to you against any
obligation of yours to us (whether under Clauses 24 or 28 below or otherwise), on the basis that there is for that purpose due from us to you an amount equal to the Default Market Value of such Equivalent Securities, and our obligation to return
Equivalent Securities shall, if and to the extent so included, be extinguished accordingly. For this purpose - 

  

	 	(i)	the Default Market Value of Equivalent Securities means: 

  

	 	(A)	 if during the Default Valuation Period (as defined below) we have sold Securities forming art of the same issue and being of an identical type and
description to those Securities and in substantially the same amount 

  
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as those Securities, the net proceeds of sale (after deducting ail reasonable costs, fees and expenses incurred in connection therewith) and 

 

	 	(B)	failing such sale during the Default Valuation Period, the market value of such Securities at the Default Valuation Time as determined by us in good faith;

  

	 	(ii)	the Default Valuation Period means: 

  

	 	(A)	if the relevant set-off occurs on a day that is a dealing day in the most appropriate market for Securities of the relevant description (as determined by us), a period
commencing on the opening of business on that day and ending at the close of business on the following dealing day; and 

  

	 	(B)	in any other case, the close of business on the second dealing day in that market after the day on which the set-off occurs. 

 

	 	(iii)	the Default Valuation Time means the end of the Default Valuation Period. 

 Where the amount of any Securities sold as mentioned in (i)(A) above is not identical to that of the Securities to be valued for the purposes of this definition, the Default Market Value of those
Securities shall be ascertained by dividing the net proceeds of sale by the amount of the Securities sold so as to obtain a net unit price and multiplying that net unit price by the amount of the Securities to be valued. 

CHAPTER IV - MATERIAL INTERESTS 
  

	21.	

  

	21.1	The relationship between you and us is as described in the Customer Documents. Neither that relationship nor the services we provide nor any other matter will give rise
to any fiduciary or equitable duties on our part which would prevent or hinder us from doing business for or with you (whether acting as principal or agent), doing business with associates, connected customers, and other investors and generally
acting as provided in the Customer Documents. 

 We may give advice or make recommendations to you, enter into Transactions for or
with you or act as your agent or provide any other service pursuant to Clause 2 notwithstanding that we may have a relationship, arrangement or interest that is material in relation to the Transaction, advice or recommendation concerned and/or the
Asset underlying any Contract or Client Contract, including (but not limited to) the following circumstances where:- 
  

	 	(a)	we have acted, are acting or are seeking to act as a financial adviser or lending banker to the issuer (or any of its affiliated companies) of the Assets the subject of
a Transaction or have advised or are advising any person in connection with a merger, acquisition or take-over by or for such issuer (or any of its affiliated companies); 

  
 - 17 -

	 	(b)	we have sponsored or underwritten or otherwise participated in, or are sponsoring or underwriting or otherwise participating in the Assets the subject of a Transaction;

  

	 	(c)	we have a holding, dealing, or market-making position or may otherwise be trading or dealing in the Assets the subject of a Transaction or in investments (including
without limitation any futures or option Contracts) or assets of any kind underlying, derived from or otherwise directly or indirectly related to such investments; 

 

	 	(d)	we have received or are receiving payments or other benefits for giving business to the firm with which your order is placed; 

 

	 	(e)	we have been or are an associate of the issuer (or any of its affiliated companies) of the Assets the subject of a Transaction; 

 

	 	(f)	we are matching your transaction with that of any other client (including without limitation us, any Associated Firm, connected customer or other customer of us) either
by acting on behalf of such person as well as on behalf of you (“agency cross”) or by executing matching transactionss at or about the same time you and such persons (“back-to-back principal trade”). 

 

	21.2	No further disclosure to you is required of any relationship, arrangement or interest which falls within of the circumstances referred to in Clause 21.1 above, and we
will be entitled to retain any profit or benefit arising as if no such relationship, arrangement or interest existed. 

  

	21.3	21.3 We will not be obliged to disclose to you any matter, fact or thing, whether or not such disclosure would or might be a breach of any duty owed by us to any other
person, and we shall not be obliged to disclose to you any matter, fact or thing which comes to the notice of any of our employees, officers or directors if the employee, officer or director who is dealing for or with you is unaware of such matter,
fact or thing. 

  

	21.4	21,4 We may in our absolute discretion decline to carry out a Transaction for or with you or to give advice or make a recommendation to you where we may have an
interest in respect thereof which will or may conflict with your interests. 

 CHAPTER V - POWERS AND EXCLUSIONS
OF LIABILITY 
  

	22.	Exclusion and restriction or liability 

  

	22.1	Nothing in the Customer Documents shall exclude or restrict any liability which we have under the Rules or the regulatory system established by the FSA, and which may
not be excluded or restricted thereunder. 

  

	22.2	We shall not be liable to you in respect of any relevant Client Contract, any matching Contract or otherwise if and to the extent that the relevant Exchange, Clearing
House and/or Broker has ceased for any reason (including netting-off our positions with it) to recognise the existence of any Contract or fails to perform or close out any Contract or defaults in respect of margin or collateral. This will not affect
your obligations and liabilities hereunder in respect of Contracts, which you have instructed us to open, and which have not been closed out. 

  
 - 18 -

	22.3	Neither we nor any of our employees, officers or directors will be liable for any loss resulting from any act or omission made under or in relation to or in connection
with the Customer Documents, except where such loss results from any bad faith, wilful default, fraud or negligence of us or any of our employees, officers or directors. 

 

	22.4	Neither we nor our employees, officers or directors will be liable for any consequential or special damages howsoever arising. 

 

	22.5	We will not be liable for the solvency, acts or omissions of:- 

  

	 	(i)	any nominee, custodian or other third party with whom any Charged Securities (or other investments) are held pursuant to Clauses 19 and 20 above; or

  

	 	(ii)	any bank with which we maintain any client bank account; or 

  

	 	(iii)	any other third party with whom we deal or transact business or who is appointed by us in good faith on your behalf, 

unless such nominee, custodian, bank or other third party is an Associated Firm, but we will make available to you, when and to the extent reasonably so
requested, any rights that we may have against such person. 
  

	22.6	If any claim is made by or against us or any of our employees, officers or directors against or by any third party in connection with this Agreement, any Contract
acquired or Transaction effected on your instructions or a corresponding Client Contract or arising out of any act or omission by us or our employees, officers or directors, you hereby agree to provide us or our employees, officers or directors with
any assistance which you may be reasonably asked to give. 

  

	22.7	Neither we nor any of our directors, officers or employees will have any responsibility or liability whatsoever for: 

 

	 	(a)	any advice or opinion which may be given to you concerning the Customer Documents; or 

 

	 	(b)	any expense, loss or damage stiffered by you as a result of (i) our carrying out your instructions, if we acted in accordance with such instructions or otherwise
acre= reasonably, or (ii) properly carryina cut or failing to carry out any actions which we are permitted bm. not required to carry out under f."1z. Customer Documents. 

 

	23.	Indemnity 

 You will fully indemnify us,
our Associated Firms and any of our or their employees, officers or directors (each an “Indemnified Person”) against all costs, expenses, damages, liabilities and losses which any such Indemnified Person may suffer or incur directly or
indirectly as a result of, or in connection with, or arising out of the Customer Documents or any Transaction effected on your instructions or arising out of any act or omission by such Indemnified Person or by any other

  
 - 19 -

 
person permitted under the Customer Documents, and against any claims which may be made against any such Indemnified Person in the performance of the powers or duties of any such Indemnified
Person (including in any such case any cost of enforcing the same). The indemnity will not extend to any Indemnified Person if such costs, expenses, damages, liabilities and losses result primarily from the bad faith, wilful default, fraud or
negligence of such indemnified Person. 
  

	24.	Morgan Stanley’s powers 

  

	24.1	If we have determined, in our absolute discretion, that you have not performed (or may not be able or willing in the future to perform) any of your obligations to us
under or pursuant to the Customer Documents, we may (with prior notice only if reasonably practicable) take such steps as we consider necessary or desirable to comply with, perform, cancel or satisfy any of our obligations to the relevant Exchange,
Clearing House or Broker in respect of any Contract or Contracts acquired on your instructions, or otherwise to protect our position, including closing out and/or performing any or all such Open Contracts. For such purpose, we may:

  

	 	(a)	buy or sell the Asset underlying any Open Contract in any manner including to or from ourselves or any Connected Company; 

 

	 	(b)	buy or sell futures or options contracts; 

  

	 	(c)	open new long or short positions in order to establish a spread or straddle; 

 

	 	(d)	borrow, buy or sell any currency; 

  

	 	(e)	apply any Margin; 

  

	 	(f)	cancel, terminate or otherwise liquidate any Transaction between you and us; and/or 

 

	 	(g)	set off any obligation to you against any of your obligations to us; 

 in each case so that all amounts spent by us in connection with any such actions that are in excess of the amount held in the Margin Account for you shall be paid by you to us on demand. 

 

	24.2	On the exercise of our rights under Clause 24.1 above: 

  

	 	(a)	we are not obliged to deliver to you in respect of any corresponding Client Contract the underlying Asset or any money received or receivable on closing out until all
of your liabilities to us are satisfied or discharged to our satisfaction, and all amounts you owe us are paid, and: 

  

	 	(i)	any such underlying Asset may be registered in our name or that of our nominee (which may be an Associated Firm), and we or such nominee may be the custodian of the
documents of title or certificates evidencing title to such Asset; 

  

	 	(ii)	 if such amounts are not paid and/or liabilities to us are not satisfied or discharged to our satisfaction, we may sell or realise the underlying

  
 - 20 -

	 	 
Asset upon terms (including the consideration received therefor) as we in our absolute discretion think fit, without being responsible for any loss or diminution in price; any consideration
received therefore shall be credited to the Margin Account; and 

  

	 	(iii)	any income in respect of such Asset paid to us, net of any Taxes payable by us (whether by withholding or otherwise) in respect of such income, shall be credited to the
Margin Account; and 

  

	 	(b)	all amounts owing to us hereunder will become immediately payable. 

  

	24.3	We do not have to close out Contracts or take any other action in respect of Open Contracts acquired on your instruction, in particular (subject to Clause 24.1 above),
no failure by you to pay Margin when demanded will require us to close out any relevant Contract to which such Margin is attributable. 

  

	24.4	We may convert any funds realised pursuant to this Clause 24 at such rate and into such currencies as we may reasonably consider appropriate at the relevant time.

  

	25.	Certificates conclusive 

 Our certificate
that any of our rights under the Customer Documents have been exercisable, or as to any amount payable or due under the Customer Documents, will be conclusive and binding on you, absent manifest error. No purchaser, pledgee or transferee of Charged
Securities will need to enquire whether any such power has become enforceable, or to establish the proper application of any money paid. 
  

	26.	Time of the essence 

 Time shall be of the
essence in relation to all matters arising under or pursuant to the Customer Documents in respect of Transactions or Client Contracts or otherwise in respect of your dealing in futures or options. 

 

	27.	Retention of title 

 Title to Securities
purchased by you (whether upon exercise of an option Client Contract or otherwise) will pass only when you pay the amount due for such purchase. 
  

	28.	Lien and set-off 

 As further security for
all of your obligations hereunder (but subject to the Rules) we shall have the right to retain (and apply as set out below) all of your property which we or any of our Associated Firms hold for any purpose, including, but not limited to, property
held in any other of your accounts with us or any of our Associated Firms, whether or not we have made any advances in connection with such property. From time to time we may, without notice, transfer and re-transfer any money or other property
between any such accounts. You shall execute such documents and take such other action as we shall reasonably request in order to perfect our rights with respect to any security referred to in this Clause 28. 

  
 - 21 -

	29.	Force majeure 

 We shall not be liable to
you for the non-performance of any of our obligations under this Agreement due to any cause beyond our reasonable control, including without limitation any breakdown or failure of transmission or communication or computer facilities, postal or other
strikes or similar industrial action, or the failure of any relevant Exchange, Clearing House or Broker to perform its obligations for any reason. 
  

	30.	Taxes 

  

	30.1	All amounts which you must pay under the Customer Documents do not include any applicable Taxes. You must pay any Taxes to us at the same time as the amounts to which
those Taxes relate. 

  

	30.2	You are fully responsible for paying all other Taxes due and the making of all claims in relation thereto whether for exemption from withholding taxes or otherwise, for
filing any and all tax returns, and for providing any relevant tax authorities with all necessary information in relation to any investment business we carry on for or with you or any investments which we hold on your behalf.

  

	30.3	We will use all reasonable endeavours to send you any tax documents which we receive relating to you or to any monies or investments we hold under the Customer
Documents. 

  

	31.	Advice 

  

	31.1	You rely on your own judgement when you give orders or instructions to us. 

 

	31.2	We do not provide any legal or tax advice. Accordingly, if you consider it necessary you should consult your own legal or tax advisers. 

CHAPTER VI - AUTHORISATION 
  

	32.	Due authorisation 

  

	32.1	You represent, warrant and undertake to us that: 

  

	 	(a)	in any investment business we carry on for or with you under this Agreement, you are and will be acting either as principal or as agent; 

 

	 	(b)	you have and will have full power and capacity and have taken all necessary corporate and other action, and in the case of a trustee of a particular trust you have and
will have full power and capacity under the relevant trust deeds, to enter into and perform your obligations under this Agreement (including without limitation the powers and capacity to grant us the charge and any other security herein provided
for) and to confer on us the rights and powers contained in or given pursuant to this Agreement. Without limitation: 

  

	 	(i)	your execution, delivery and performance of this Agreement will not violate or conflict with any Applicable Law or your constitution or any charge, trust deed, contract
or other instrument to which you are a party or which is binding upon you or your assets; and 

  
 - 22 -

	 	(ii)	the terms and conditions contained in this Agreement will be your legal, valid and binding obligations; 

 

	 	(c)	you are (or some other person for whom you are trustee or agent and from whom you hold and will at all times hold all requisite authorities is) and will at all times
during the continuance of this Agreement be the sole beneficial owner of all Charged Securities. in each case such Charged Securities are and shall be fully paid and free from all mortgages, charges, liens and other encumbrances other than those
which may arise in our favour. No other person has or will have any rights or interests therein and you are lawfully entitled to create in our favour the security evidenced or intended to be evidenced hereby; 

 

	 	(d)	when further Securities become Charged Securities or otherwise subject to the charge in Clause 19.2 above you shall be deemed to have made a further and separate
representation and warranty in the terms of paragraph (c) above; 

  

	 	(e)	you and any person designated by you have and shall have, due authorisation to act in all respects in relation to this Agreement and each Transaction, Contract and
Client Contract and, in relation thereto, you have obtained, shall obtain and shall maintain in effect all necessary authorisations, consents or approvals (including without limitation any required by any Regulatory Body) and shall comply with the
terms of the same and with all Applicable Law, and shall provide us with copies or other evidence of such consents or approvals and such evidence of compliance with such law as we may reasonably require. 

 

	32.2	You agree that, in all investment business which we carry on for or with you where you are acting as agent, only you will be our customer and we shall have no
responsibility to any principal of yours as our customer. 

  

	32.3	If you are acting as agent for, or on behalf of another in relation to any Contract and/or Client Contract carried out under this Agreement then:

  

	 	(a)	you have and will have full power and capacity to enter into this Agreement and to perform all obligations pursuant hereto to be performed by your principal under this
Agreement; 

  

	 	(b)	you are expressly authorised by your principal to instruct us in relation to such Contract and/or Client Contract in accordance with the terms and conditions of this
Agreement; and 

  

	 	(c)	you will be, and you will procure that your principal will be, jointly and severally liable, each as if a principal, to us in respect of all obligations and liabilities
to be performed by you pursuant to and in respect of any such Contract and/or Client Contract. 

  

	32.4	You agree to supply us with such financial information about yourself (or any immediate, intermediate or ultimate holding company) as we may reasonably request.

  
 - 23 -

	33.	Authorised instructions 

  

	33.1	You may from time to time notify us in writing of the names of those persons who are authorised to give instructions on your behalf. Until we receive notice in writing
to the contrary, we shall be entitled to assume that any of those persons have full and unrestricted power to give us instructions on your behalf. 

  

	33.2	We are entitled to rely and act without further enquiry on any instruction, notice, demand, request or information (by whatever means transmitted and whether or not in
writing) which purports or appears to come and which we reasonably believe in good faith to come from you or from any person who is or appears to us to be a person designated in the attached Certificate (if any) or otherwise authorised by you for
the purpose of the Customers Documents or from someone acting on your behalf, and we shall not be liable for any actions taken or omitted to be taken in good faith pursuant thereto nor shall we be under any obligation to confirm instructions before
they are executed or the accuracy or completeness of any such information before it is acted or otherwise relied upon. 

  

	33.3	We are not under any obligation to execute or otherwise enter into any particular Transaction, or to accept and act in accordance with any order or instructions, nor
shall we be obliged to give any reasons for declining to do so, 

  

	33.4	If we decline to carry out a Transaction we will promptly notify you. We will have no liability for any expense, loss or damage incurred by you by reason of any
omission so to notify you, otherwise than as a result of our bad faith, wilful default or negligence; in no event will we have any liability for any consequential or special damage. 

CHAPTER VII - GENERAL 
  

	34.	Information 

  

	34.1	You warrant, represent and undertake that: 

  

	 	(a)	you will notify us promptly in writing of any significant change in your financial position (including changes in assets, net assets or called-up share capital); and

  

	 	(b)	in entering into this Agreement, we have not made and you are not relying upon any statements, representations, promises or undertakings whatsoever that are not
contained in this Agreement; 

  

	34.2	You will: 

  

	 	(a)	provide us on request all information in your agent’s possession or control of you or your agents as may be required to be filed or disclosed pursuant to
Applicable Law, in each case regarding us, you, the Customer Documents or any Contract, Client Contract; 

  

	 	(b)	file (within any applicable time periods) such reports, letters and other communications as may be required from time to time by any Regulatory Body relating to you or
us, you, the Customer Documents, or any Contract, Client Contract; and 

  
 - 24 -

	 	(c)	send a copy of all such reports referred to in paragraph (b) above to us promptly upon such filing, and we may send a copy of the same to any relevant Exchange,
Clearing House member or Broker. 

  

	35.	Confirmation and Statements 

 As soon as
practicable after we have carried out a Transaction we shall confirm details of that Transaction to you. We will provide to you at agreed intervals a statement of your overall trading (and Margin) positions with us at the then available current
market price. 
  

	36.	Telephone recording 

 We may use voice
record orders, instructions or conversations we receive by telephone. Our voice records shall be prima facie evidence of the order, instructions or conversations recorded, and you agree that such records shall be admissible as such evidence in any
Proceedings (as defined in Clause 43.2), 
  

	37.	Notices 

  

	37.1	Any instructions or requests you give, or demands or confirmations by us may be given in writing or, where permitted under the Rules, orally. Any notice in writing
(including without limitation any contract note, confirmation or demand) may be given by posting or delivering it or by sending it by telex, facsimile transmission or any other electronic transmission. 

 

	37.2	Any notice or demand given by post will be sent first class, or where appropriate, by air mail and will, subject to Clauses 37.3 and 37.4 below, be deemed given seven
business days after posting and any notice given by delivery or by telex, facsimile transmission or any other electronic transmission will be deemed given upon delivery or transmission (as the case may be), and in proving service of notice it shall
be sufficient to prove, in the case of delivery by post, that the letter was correctly addressed and was posted first class or, where appropriate, air mail or, in the case of delivery otherwise than by post, that it was delivered to the correct
address or, in the case of transmission by facsimile or telex, that it was transmitted to the correct number and (in the case of telex) received the proper answer back. 

 

	37.3	Any contract note, confirmation or account statement which we give in writing shall be deemed correct, conclusive and binding on you if not objected to in writing
within the earlier of five business days of despatch by us or one business day of your receipt thereof. 

  

	37.4	Any statement produced may be delivered by post, or by sending it by telex, facsimile or other electronic transmission. Where you are ordinarily resident outside of the
UK, we may retain statements relating to investments and collateral held by a custodian. 

  

	37.5	Communications from you under Clause 33.1, 33.2 and 40.1 and any objection pursuant to Clauses 37.3 and 39.2 shall be deemed received only if actually delivered.

  
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	38.	Correct addresses and numbers 

 Our
address for serving notices is shown at the front of this document, and our facsimile and telex numbers are: 
  

			
	Fax No:	  	0171 425 8990/0171 513 8990
		
	Telex No:	  	8812564 MORSTAN

 We may change any of these details by
written notice to you. Unless you tell us otherwise we will assume that your correct address and facsimile and telex numbers are those shown on any communication we receive which we reasonably believe to come from you. 

 

	39.	Entire agreement and amendments 

  

	39.1	This Agreement, together with all other Customer Documents, represent the entire terms on which we will undertake for or with your investment business in
Exchange-traded futures and options contracts which is regulated by SFA. Any alteration to the Customer Documents must be agreed by us in writing. 

  

	39.2	We may amend or supplement our arrangements with you by sending you Further Schedules or a revised Agreement or by written agreement with you. Any amendment or
supplement will, unless we have received your written objection, take effect twenty-one days after despatch to you or on such later date as we may specify, and will apply in respect of any commitment or transaction entered into by us after that
date. Any amendment or supplement that relates to or results from a change of Applicable Law may take effect immediately or otherwise as we may specify. 

  

	40.	Termination 

  

	40.1	Either party can terminate this Agreement without penalty by giving notice in writing, which will take effect seven days after the notice is given or after any other
period specified in the notice. 

  

	40.2	Termination of this Agreement will not affect the rights or liabilities of either party in respect of Contracts and any corresponding Client Contracts for which you
have already given an instruction which we have accepted, or in respect of which there is an outstanding liability with us. Any termination will be without prejudice to our rights to all Margin and amounts in the Margin Account. The Customer
Documents will apply to these liabilities until all Contracts have been closed out, settled or delivery effected and all liabilities charged. 

  

	40.3	Termination of this Agreement will not affect any provision of the Customer Documents which is intended to survive termination. 

 

	41.	Assignment and Transfer 

  

	41.1	The Customer Documents shall be binding upon, and inure to the benefit of, MSIL and its successors and assigns. 

 

	41.2	 MS1L may at any time cause all or any part of its rights, benefits and/or obligations under the Customer Documents to be novated to any subsidiary or
holding company (as 

  
 - 26 -

	 	 
defined in section 736 of the Companies Act 1985) of MS1L or a subsidiary of any such holding company or any company otherwise affiliated with MSIL (any such company being a “Connected
Company”) by delivering to you a written substitution notice, Upon delivery of a substitution notice to you: 

  

	 	(a)	to the extent that in the substitution notice MSIL seeks to cause its rights and/or its obligations hereunder to be novated, you and MSIL shall be released from further
obligations to each other hereunder and their respective rights against each other shall be cancelled; 

  

	 	(b)	you and the Connected Company shall acquire the same rights and assume the same obligations between themselves as they would have acquired or assumed by it as a result
of such novation. 

  

	41.3	You may not assign any of your rights under the Customer Documents, any Contract or Client Contact without our prior written consent. Any purported assignment of your
rights will be invalid. 

  

	42.	Miscellaneous 

  

	42.1	If any term or part of the Customer Documents is void, voidable or unenforceable, the rest of the Customer Documents will not be affected. 

 

	42.2	Our rights, remedies, powers and privileges in this Agreement are cumulative and not exclusive of any rights or remedies provided by law. Our failure to exercise, or
delay in exercising, any of our rights, remedies, powers or privileges will not operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof. 

 

	43.	Governing Law 

  

	43.1	The Customer Documents and all Transactions thereunder shall be governed by and construed in accordance with English Law. 

 

	43.2	Any suit action, claim or proceeding (together in this Clause referred to as “Proceedings”) arising out of or in connection with the Customer Documents or any
Transaction thereunder may be brought in the English courts. Any objection that you or we may have now or in the future to the laying of the venue of any Proceedings in any English court, and any claim that any Proceedings have been brought in an
inconvenient forum, is waived. 

  

	43.3	If you are entitled in any jurisdiction to claim immunity for yourself or for your property or assets from service of process, jurisdiction, suit, judgement, execution,
attachment (whether before judgement, in aid of execution or otherwise) or legal process in respect of your obligations under this Agreement, or to the extent that in any jurisdiction there may be attributed to you or your property or assets such
immunity (whether or not claimed), you waive such immunity to the fullest extent under the laws of such jurisdiction. 

  

	43.4	 You irrevocably and generally consent in respect of any legal action or Proceedings arising out of or in connection with the Customer Documents or any
Transaction to the 

  
 - 27 -

	 	 
giving of any relief or the issue of any process in connection with such action or Proceedings, including, without limitation, the making, enforcement or execution against any property, asset, or
revenues whatsoever (irrespective of their use or intended use) of any order or judgement which may be made or given in such action or Proceedings. 

 IN WITNESS WHEREOF, this Agreement has been entered into on the date written in the Customer Signature pages below. 
  

			
	Signed on behalf of
	
	Morgan Stanley & Co. International Limited
	 - and -

	Morgan Stanley Securities Limited
		
	By:	 	 /s/ Brian Daly

	Name:	 	Brian Daly
	Title:	 	Authorised Signatory

  
 - 28 -

 PART TWO 
 MASTER NETTING AGREEMENT 
 THIS MASTER NETTING AGREEMENT is made as of the date specified
on the first customer signature page BETWEEN 
  

	(A)	You, as the client named on the customer signature page; and 

  

	(B)	MORGAN STANLEY & CO. INTERNATIONAL LIMITED (“MSIL”) AND/OR MORGAN STANLEY SECURITIES LIMITED (“MSSL”) both of 25 Cabot Square, Canary
Wharf, London EH- 4QA. MSIL is regulated by SFA, and MSSL is regulated by SFA and a member of the London Stock Exchange. 

 IT IS
HEREBY AGREED AS FOLLOWS: 
  

	1.	Scope of this Agreement 

  

	1.1	Unless otherwise agreed in writing by the Parties in Annex 1 or otherwise and subject to the next sentence, these terms and the particular terms agreed by the Parties
govern each Transaction entered into or outstanding between any two Designated Offices of the Parties on or after the date of execution of these terms. In the case of Transactions within paragraph (i), (ii), (iii) or (iv) of the definition
of “Transaction”, these terms govern only those Transactions where the exchange mentioned in such definition is a Specified Exchange. 

  

	1.2	These terms, the particular terms of, and applicable to, each and every Transaction governed by these terms, the Schedules to these terms and all amendments to any of
such items shall together constitute a single agreement between the Parties. The Parties acknowledge that all Transactions governed by these terms, which are entered into on or after the date of execution of these terms, are entered into in reliance
upon the fact that all such items constitute a single agreement between the Parties. 

  

	2.	Settlement and Exchange of Clearing Organisation Rules 

  

	2.1	Unless a Liquidation Date has occurred or has been effectively set, a Party shall not be obliged to make any payment or delivery scheduled to be made by that Party
under a Transaction governed by these terms for so long as an Event of Default or Potential Event of Default with respect to the other Party has occurred and is continuing. 

 

	2.2	Unless otherwise agreed in writing by the Parties, if the Parties enter into any Transaction governed by these terms to close out any existing Transaction between the
Parties then their obligations under such Transactions shall automatically and immediately be terminated upon entering into the second Transaction, except for any settlement payment due from one Party to the other in respect of such closed-out
Transactions. 

  

	2.3	These terms shall not be applicable to any Transaction to the extent that action which conflicts with or overrides the provisions of this agreement has been started in
relation to that Transaction by a relevant exchange or clearing organisation under applicable rules or laws and is continuing. 

	3.	Representations, Warranties and Covenants 

  

	3.1	Each Party represents and warrants to the other Party as of the date of execution of these terms and, in the case of the representation and warranty in (v) of the
Clause 3.1 relating to the entering into of Transactions, as of the date of entering into each Transaction governed by these terms that: (1) it has authority to enter into this agreement; (ii) the person entering into the agreement on its
behalf have been duly authorised to do so: (iii) this agreement and the obligations created under this agreement are binding upon it and enforceable against it in accordance with their terms (subject to applicable principles of equity) and do
not and will not violate the terms of any agreements to which such Party is bound; (iv) no Event of Default or Potential Event. 6f Default has occurred and is continuing with respect to it; and (v) it acts as principal and sole beneficial
owner (and not as trustee) in entering into these terms and each and every Transaction governed by these terms. 

  

	3.2	Each Party covenants to the other Party that: (i) it will at all times obtain and comply with the terms of and do all that is necessary to maintain I full force
and effect all authorisations, approvals, licenses and consents required to enable it lawfully to perform its obligations under this agreement; and (ii) it will promptly notify- the other Party of the occurrence of any Event of Default or
Potential Event of Default with respect to itself or any credit Support Provider in relation to it. 

  

	4.	Termination and Liquidation 

  

	4.1	if, at any time: 

  

	 	(i)	a Party fails to make any payment when due under or to make or take delivery of any property when due under, or to observe or perform any other provision of, this
agreement (including any Transaction governed by these terms) and such failure continues for two business days after notice of non-performance has been given by the other Party to the defaulting Party; 

 

	 	(ii)	a Party commences a voluntary case or other procedure seeking or proposing liquidation, reorganisation, an arrangement or composition, a freeze or moratorium, or other
similar relief with respect to itself or to its debts under any bankruptcy, insolvency, regulatory, supervisory or similar law (including any corporate or other law with potential application to an insolvent Party), or seeking the appointment of a
trustee, receiver, liquidator, conservator, administrator, custodian, examiner or other similar official (each a “Custodian”) of it or any part of its assets; or takes any corporate action to authorise any of the foregoing; and, in the
case of a reorganisation, arrangement or composition, the other Party does not consent to the proposals; 

  

	 	(iii)	an involuntary case or other procedure is commenced against a Party seeking or proposing liquidation, reorganisation, an arrangement or composition, a freeze or
moratorium, or other similar relief with respect to it or its debts under any bankruptcy, insolvency, regulatory, supervisory or similar law (including any corporate or other law with potential application to an insolvent Party) or seeking the
appointment of a Custodian of it or any part of its assets and such involuntary case or other procedure either (a) has not been dismissed within five days of its institution or presentation or (b) has been dismissed within such period but
solely on the grounds of an insufficiency of assets to cover the costs of such case or other procedure; 

  
 - 30 -

	 	(iv)	a Party dies, become of unsound mind, is unable to pay its debts as they fall due or is bankrupt or insolvent, as defined under any bankruptcy or insolvency law
applicable to such Party; or indebtedness of a Parry is not paid on the due date therefor or becomes, or becomes capable at any time of being declared, due and payable under agreements or instruments evidencing such indebtedness before it would
otherwise have been due and payable, or proceedings are commenced for any execution, any attachment or garnishment, or any distress against, or an encumbrancer takes possession of, the whole or any part of the property, undertaking or assets
(tangible and intangible) of a Party; 

  

	 	(v)	a Party or any Credit Support Provider in relation to a Party (or any Custodian acting on behalf of a Party or any Credit Support Provider in relation to a Party)
disaffirms, disclaims or repudiates any obligation under this agreement (including any Transaction governed by these terms) or any Credit Support Document; 

 

	 	(vi)	any representation or warranty made or deemed made by a Party pursuant to this agreement or pursuant to any Credit Support Document proves to have been false or
misleading in any material respect as at the time it was made or given; 

  

	 	(vii)	(a) any Credit Support Provider in relation to a Party or the relevant Party itself fails to comply with or perform any agreement or obligation to be complied with or
performed by it in accordance with the applicable Credit Support Document; (b) any Credit Support Document relating to a Party expires or ceases to be in full force and effect prior to the satisfaction of all obligations of such Party under
this agreement (including any Transaction governed by these terms), unless the other Party has agreed in writing that this shall not be an Event of Default; (c) any representation or warranty made or deemed made by any Credit Support Provider
in relation to a Party pursuant to any Credit Support Document proves to have been false or misleading in any material respect as at the time it was made or given or deemed made or given; or (d) any event referred to in (ii) to
(iv) or (viii) of this Clause 4,1 occurs in respect of any Credit Support Provider in relation to a Party; 

  

	 	(viii)	a Party is dissolved, or in respect of a Party whose existence is dependent upon a formal registration, such registration is removed or ends, or any procedure is
commenced seeking or proposing a Party’s dissolution or the removal or ending of such a registration of a Party; or 

  

	 	(ix)	any event of default (however described) occurs under any terms of business in place between the Parties or any other event specified for these purposes in Annex I or
otherwise occurs, then the other Party (the “Non-Defaulting Party”) may exercise its rights under Clause 4.2, except that, if so agreed in writing by the Parties (whether by specifying as such in Annex I hereto or otherwise), in the case
of the occurrence of any Event of Default specified in paragraph (ii) or (iii) above the provisions of Clause 4.3 shall apply. 

  
 - 31 -

	4.2	Subject to Clause 4.3, at any time following the occurrence of an Event of Default, the Non-Defaulting Party may, by notice to the Defaulting Party, specify a
Liquidation Date for the termination and liquidation of Transactions in accordance with the provisions of Clause 4,4. 

  

	4.3	If the Parties have so agreed, the date of the occurrence of any Event of Default specified in paragraph (ii) or (iii) of Clause 4.1 shall automatically
constitute a Liquidation Date, without the need for any notice by either Party and to the intent that the provisions of Clause 4.4 shall then apply. 

  

	4.4	Upon the occurrence of a Liquidation Date: 

  

	 	(i)	neither Party shall be obliged to make any further payments or deliveries under any Transactions governed by these terms which would, but for this Clause, have fallen
due for performance on or after the Liquidation Date and such obligations shall be satisfied by settlement (whether by payment, set-off or otherwise) of the Liquidation Amount; 

 

	 	(ii)	the Non-Defaulting Party shall (on, or as soon as reasonably practicable after, the Liquidation Date) determine (discounting if appropriate), in respect of each
Transaction governed by these terms, its total cost, loss or, as the case may be, gain, in each case expressed in the Non-Defaulting Party’s Base Currency (and, if appropriate, including any loss of bargain, cost of funding or, without
duplication, cost, loss or, as the case may be, gain as a result of the termination, liquidation, obtaining, performing or re-establishing of any hedge or related trading position), as a result of the termination, pursuant to this agreement, of each
payment or delivery which would otherwise have been required to be made under such Transaction (assuming satisfaction of each applicable condition precedent and having due regard to, if appropriate, such market quotations published on, or official
settlement prices set by, a relevant exchange or clearing organisation as may be available on, or immediately preceding, the date of calculation); and 

  

	 	(iii)	the Non-Defaulting Party shall treat each cost or loss to it, determined as above, as a positive amount and each gain by it, so determined, as a negative amount and
aggregate all of such amounts to produce a single, net positive or negative amount, denominated in the Non-Defaulting Party’s Base Currency (the “Liquidation Amount”). 

 

	4.5	If the Liquidation Amount determined pursuant to Clause 4,4 is a positive amount, the Defaulting Party shall pay it to the Non-Defaulting Party and if it is a negative
amount, the Non-Defaulting Party shall pay it to the Defaulting Party. The Non-Defaulting Party shall notify the Defaulting Party of the Liquidation Amount, and by which Party it is payable, immediately after the calculation of such amount.

  

	4.6	Unless the Parties specify otherwise in Annex I or otherwise, where termination and liquidation occurs in accordance with Clause 4.4, the Non-Defaulting Party shall
also be entitled, at its discretion, to apply the provisions of Clause 4.4 to any other Transactions entered into between the Parties which are then outstanding, as if each such Transaction were a Transaction governed by these terms.

  
 - 32 -

	4.7	The amount payable by one Party to the other Party pursuant to the provisions of Clause 4.5, or any applicable laws or regulations, shall be paid in the Non-Defaulting
Party’s Base Currency by the close of business on the business day following the completion of the termination and liquidation under Clause 4.4, or any laws or regulations having a similar effect, (converted as required by applicable law into
any other currency. any costs of such conversion to be borne by, and (if applicable) deducted from any payment to, the Defaulting Party), Any such amount which is not paid on the due date therefor shall bear interest, at the average rate at which
overnight deposits in the currency of such payment are offered by major banks in the London interbank market as of 11.00 a.m. (London time) no such rate is available, at such reasonable rate as the Non-Defaulting Party may select) plus 1% per
annum, for each day for which such amount remains unpaid. 

  

	4.8	For the purpose of any calculation hereunder, the Non-Defaulting Party may convert amounts denominated n any other currency into the Non-Defaulting Party’s Base
Currency at such rate prevailing at the time of the calculation as it shall reasonably select. 

  

	4.9	The Non-Defaulting Party’s rights under this Clause 4 shall be in addition to, and not in limitation or exclusion of, any other rights which the Non-Defaulting
Party may have (whether by agreement, operation of law or otherwise). 

  

	5.	Set-Off 

 Without prejudice to any other
right or remedy which it may have, either Party may. on or after the occurrence of a Liquidation Date and the determination of the Liquidation Amount, set off any amount owing by it (whether actual or contingent, present or future and including, if
applicable and without limitation, the Liquidation Amount and any amount due and payable on or before the Liquidation Date but remaining unpaid) to the other Party against any amount owing by such other Party (whether actual or contingent, present
or future and including, if applicable and without limitation, the Liquidation Amount and any amount due and payable before the Liquidation Date but remaining unpaid) to the first Party. 

 

	6.	Currency Indemnity 

 If a Party (the first
Party) receives or recovers any amount in respect of an obligation of the other Party (the second Party) in a currency other than that in which such amount was payable, whether pursuant to a judgement of any court or otherwise, the second Party
shall indemnify and hold harmless the first Party from and against any cost (including costs of conversion) and loss suffered by the first Party as a result of receiving such amount in a currency other than the currency in which it was due.

  

	7.	Assignments and Transfers 

 Neither Party
may assign, charge or otherwise transfer or purport to assign, charge or otherwise transfer its rights or obligations under this agreement (including the Transactions governed by these terms) or any interest therein without the prior written consent
of the other Party, and any purported assignment, charge or transfer in violation of this Clause shall be void. 
  

	8.	Notices 

 Unless otherwise agreed, all
notices, instructions and other communications to be given to a Party under this agreement shall be given to the address, telex (if confirmed by the appropriate 

  
 - 33 -

 
answerback) or facsimile (confirmed if requested) number and to the individual or department specified in Annex 1, the Customer Signature page or by notice in writing by such Party. Unless
otherwise specified, any notice, instruction or other communication given in accordance with this Clause shall be effective upon receipt. 
  

	9.	Termination, Waiver and Partial Invalidity 

  

	9.1	Either of the Parties hereto may terminate this agreement at any time by seven days’ prior notice to the other Party and termination shall be effective at the end
of such seventh day; provided, however, that any such termination shall not affect any then outstanding Transactions governed by these terms, and the provisions of this agreement shall continue to apply until all the obligations of each Party to the
other under this agreement (including the Transactions governed by these terms) have been fully performed. 

  

	9.2	A Party may waive any right, power or privilege under this agreement only by (and to the extent of) an express statement in writing. 

 

	9.3	lf, at any time, any provision of these terms is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, neither the legality,
validity or enforceability of the remaining provisions of these terms nor the legality, validity or enforceability of such provision under the law of any other jurisdiction shall in any way be affected or impaired thereby. 

 

	10.	Time of Essence 

 Time shall be of the
essence in this agreement. 
  

	11.	Payments 

 Every payment to be made by a
Party under these terms shall be made in same day (or immediately available) and freely transferable funds to the bank account designated by the other Party for purpose. 

 

	12.	Governing Law and Jurisdiction 

 Unless
the Parties specify otherwise in Annex I or otherwise: 
  

	12.1	These terms shall be governed by, and construed in accordance with, the laws of England and Wales. 

 

	12.2	With respect to any Proceedings, each Party irrevocably (i) agrees that the courts of England shall have exclusive jurisdiction to determine any Proceedings and
irrevocably submits to the jurisdiction of the English courts and (ii) waives any objection which it may have at any time to the bringing of any Proceedings in any such court and agrees not to claim that such Proceedings have been brought in an
inconvenient forum or that such court does not have jurisdiction over such Party. 

  

	12.3	 Each Party irrevocably waives to the fullest extent permitted by applicable law, with respect to itself and its revenues and assets (irrespective of
their use or intended use), all immunity on the grounds of sovereignty or other similar ground from (i) suit, (ii) jurisdiction of any courts, (iii) relief by way of injunction, order for specific performance

  
 - 34 -

	 	 
or for recovery of property, (iv) attachment of its assets (whether before or after judgement) and (v) execution or enforcement of any judgement to which it or its revenues or assets
might otherwise be entitled in any Proceedings in the courts of any jurisdiction and irrevocably agrees to the extent permitted by applicable law that it will not claim any such immunity in any Proceedings. Each Party consents generally in respect
of any Proceedings to the giving of any relief or the issue of any process in connection with such Proceedings, including, without limitation, the making, enforcement or execution against any property whatsoever of any order or judgement which may
be made or given in such Proceedings. 

  

	13.	Interpretation 

  

	13.1	In these terms: 

 “Base Currency”
means, as to a Party, the currency specified as such in Annex 1 or agreed as such in relation to it in writing between the Parties or, failing any such specification or agreement, the lawful currency of the United Kingdom; 

“Credit Support Document” means, as to a Party (the first Party), a guarantee, hypothecation agreement, margin or security agreement or
document, or any other document containing an obligation of a third party (“Credit Support Provider”), or of the first Party, in favour of the other Party supporting any obligations of the first Party under this agreement; 

“Credit Support Provider” has the meaning given to it in the definition of Credit Support Document; “Custodian” has the meaning given
to it in Clause 4,1; 
 “Defaulting Party” means the Party in respect of which, or related to a Credit Support Provider in respect of
which, an Event of Default has occurred; 
 “Designated Office(s)” means, as to a Party, the office identified with its name on page 1
of these terms and any other office(s) specified in Annex I or otherwise agreed by the Parties to be its Designated Office(s) for the purpose of this agreement; 
 “Liquidation Date” means a day on which, pursuant to the provisions of Clause 4, the Non-Defaulting Party commences the termination and liquidation of Transactions or such a termination and
liquidation commences automatically; 
 “Potential Event of Default” means any event which may become (with the passage of time, the
giving of notice, the making of any determination hereunder or any combination thereof) an Event of Default; 
 “Proceedings” means
any suit, action, or other proceedings relating to this agreement; 
 “Specified Exchanges” means the exchanges specified in Annex 2
and any other exchanges agreed by the Parties to be Specified Exchanges for the purpose of Clause 1.1; and “Specified Exchange” means any of them; 
 “Transaction” means: 
  

	 	(i)	a contract made on an exchange or pursuant to the rules of an exchange; 

  
 - 35 -

	 	(ii)	contract subject to the of an exchange; or 

  

	 	(iii)	a contract which would (but for its term to maturity only) be a contract made on, or subject to the rules of, an exchange and which, at the appropriate time, is to be
submitted for clearing as a contract made on, or subject to the rules of, an exchange, 

 in any of cases (i), (ii),
(iii) being a future, option, contract for differences, spot or forward contract of any kind in relation to any commodity, metal, financial instrument (including any security), currency, interest rate, index or any combination thereof;

  

	 	(iv)	a transaction which is back-to-back with any transaction within paragraph (i), (ii) or (iii) of this definition; or 

 

	 	(v)	any other transaction which the Parties agree shall be a Transaction. 

  

	13.2	In these terms, “Event of Default” means any of the events listed in Clause 4.1; “Liquidation Amount” has the meaning ascribed to it in Clause 4.4;
and “Non-Defaulting Party” has the meaning ascribed to it in Clause 4.1. 

  

	13.3	Any reference in these terms to: 

 a
“business day” shall be construed as a reference to a day (other than a Saturday or Sunday) on which: 
  

	 	(i)	in relation to a date for the payment of any sum denomination in (a) any currency (other than ecu or euro), banks generally are open for business in the principal
financial centre of the country of such currency; (b) ecu, the Ecu Clearing and Settlement System operated by the Ecu Banking Association, (or, if such clearing system ceases to be operative, any other clearing or settlement system determined
by the Parties) is open for business; or (c) cures, settlement of payments denominated in cures is generally possible in London or any other financial centre in Europe selected by the Parties; and 

 

	 	(ii)	in relation to a date for the delivery of any property, property of such type is capable of being delivered in satisfaction of obligations incurred in the market in
which the obligation to deliver such first property was incurred; 

 a “Clause” or “Annex” shall be construed
as a reference to, respectively, a clause or Annex of these terms, unless the context requires otherwise; 
 a “currency” shall be
construed so as to include any unit of account; 
 “indebtedness” shall be construed so as to include any obligation (whether present
or future, actual or contingent, as principal or surety or otherwise) for the payment or repayment of money; 
 “Parties” shall be
construed as a reference to the parties to this agreement and shall include their successors and permitted assigns; and “Party” shall be construed as a reference to which of the Parties is appropriate in the context in which such
expression may be used; 

  
 - 36 -

 a Party to which a Credit Support Provider relates shall be construed as a reference to the Party whose
obligations under this agreement are supported by that Credit Support Provider; and 
 these “terms” or this “agreement”
shall be construed as including the Annexes and as a reference to these terms or this agreement as the same may be amended, varied, novated or supplemented from time to time. 

  
 - 37 -

 ANNEX 1 TO MASTER NETTING AGREEMENT 

 

	1.	Scope of Agreement 

  

	 	(a)	Each of the following shall be a Transaction for the purpose of paragraph (v) of the definition of “Transaction” in Clause 13.1: Not applicable.

  

	 	(b)	For the purposes of Clause 1.1, these terms shall not apply to all the following Transactions outstanding between the Parties on the date of execution of these terms:
Not applicable. 

  

	 	(c)	In the event of a discrepancy between these terms and the Customer Documents for Exchange traded Derivatives, these terms will govern in relation to close out netting
of Transactions but without prejudice to any other rights that Morgan Stanley may have under the Customer Documents for Exchange-traded Derivatives. 

  

	2.	Designated Offices 

 Each of the following
shall be a Designated Office: The offices specified in Section 7 “Notices” below or in the Customer Signature page. 
  

	3.	Representations, Warrants and Covenants 

Clause 3.1 is hereby amended by deleting the words “in the case of the representation and warranty in (v) of the Clause 3.1 relating to the
entering into of Transactions,”. 
  

	4.	Additional Event(s) of Default 

 Each of
the following shall be an Event of Default for the purpose of paragraph (ix) of Clause 4.1: Not Applicable 
  

	5.	Automatic Termination 

 Upon the
occurrence of any Event of Default specified in paragraph (ii) or (iii) of Clause 4.1, the provisions of Clause 4.3 shall apply. 
  

	6.	Termination of Other Transactions 

 The
provisions of Clause 4.6 shall not apply. 
  

	7.	Notices 

  

			
	Morgan Stanley
		
	Name:	 	Morgan Stanley & Co. International Limited
		
	Address:	 	25 Cabot Square, Canary Wharf, London El 4 4QA
		
	Telephone Numbers:	 	44-171-425-8000
		
	Telex number:	 	8812564
		
	Facsimile number:	 	44-171-425-4976
	
	Name of individual or department to whom notices are to be sent: Compliance

	8.	No Reliance 

 In connection with these
terms and the Customer Documents for Exchange-Traded Derivatives, each Transaction and any other documentation relating to these terms, both Parties represent and acknowledge that (i) it is entering into each Transaction with a full
understanding of all material terms and risks thereof, and it is capable of assuming those risks; (ii) it has made its investment and trading decisions (including decisions regarding the suitability of any transaction) based upon its own
judgement and upon any advice from such advisors as it has deemed necessary, and not in reliance upon any view expressed by the other Party; (iii) the other Party is not acting as a fiduciary or an advisor for it, and all decisions have been
the results of arm’s length negotiations between the Parties; and (iv) the other Party has not given to it any assurance or guarantee as to the expected performance or result of any Transaction. 

 

	9.	Governing Law and Jurisdiction 

 The
following provisions shall not apply in place of the provisions of Clause 12: 
  

	 	12.1	These terms shall be governed by, and construed in accordance with, the laws of the State of New York without giving effect to conflict of law provisions.

  

	 	12.2	With respect to any Proceedings, each Party irrevocably (i) submits to the non-exclusive jurisdiction of the courts of the State of New York and the United States
District Court located in the Borough of Manhattan in New York City and (ii) waives any objection which it may have at any time to the laying of venue of any Proceedings brought in any such court and agrees not to claim that such Proceedings
have been brought in any inconvenient forum or that such court does not have jurisdiction over such Parry, 

  

	 	12.3	Each party irrevocably waives to the fullest extent permitted by applicable law, with respect to itself and its revenues and assets (irrespective of their use or
intended use), all immunity of the grounds of sovereignty or other similar grounds from (i) suit, (ii) jurisdiction of any courts, (iii) relief by way of injunction, order for specific performance or for recovery of property,
(iv) attachment of its assets (whether before or after judgement) and (v) execution or enforcement of any judgement to which it or its revenues or assets might otherwise be entitled in any Proceedings in the courts of any jurisdiction and
irrevocably agrees to the extent permitted by applicable law that it will not claim any such immunity in any Proceedings. Each Party consents generally in respect of any Proceedings to the giving of any relief or the issue of any process in
connection with such Proceedings, including, without limitation, the making enforcement or execution against any property whatsoever of any order or judgement which may be made or given in such Proceedings. 

 

	 	12.4	Each Party hereby irrevocably waives any and all right to trial by jury in any Proceedings. 

  
 - 39 -

	10.	Base Currency: US Dollars 

  

	11.	Selected Financial Centres for Euro Settlements: Not Applicable 

  

	12.	FDICIA Representations 

 The following
provisions shall not apply to this agreement. Each Party represents and warrants to the other Party that it is a financial institution under the provisions of Title IV of the Federal Deposit Insurance Corporation Improvement Act of 1991
(“FDICIA”), and the Parties agree that this agreement shall be a netting contract, as defined in FDICIA, and each receipt or payment or delivery obligation hereunder shall be a covered contractual payment entitlement or covered contractual
payment obligations, respectively, as defined in and subject to FDICIA. 

  
 - 40 -

 ANNEX 2 TO MASTER NETTING AGREEMENT 
 Specific Exchanges 
 The following exchanges are Specified Exchanges for the purposes of
Clause 1.1; 
 Any Recognised Exchange, Recognised Investment Exchange, Designated Investment Exchange or Approved Exchange as defined by the
Financial Services Authority or the Securities and Futures Authority and as amended from time to time. 
 In witness whereof, this Agreement has
been entered into on the date written in the Customer Signature pages, Signed on behalf of 
  

			
	Morgan Stanley & Co. International Limited
	 -and-

	Morgan Stanley Securities Limited
		
	By:	 	 /s/ Brian Daly

	Name:	 	Brian Daly
	Title:	 	Authorised Signatory

 PART THREE 
 SCHEDULE 1 
 SELECTED ASSOCIATED FIRMS OF 

MORGAN STANLEY & CO. INTERNATIONAL LIMITED 
 AND MORGAN STANLEY SECURITIES LIMITED 
 Morgan Stanley Group Inc.

 Morgan Stanley & Co. Incorporated 
 Morgan Stanley Market Products Inc. 
 Morgan Stanley Capital Services Inc.

 Morgan Stanley Capital Group Inc. 
 Morgan Stanley & Co. International Limited Incorporated 
 Morgan Stanley
Japan Limited 
 Morgan Stanley Bank AG* 
 Morgan Stanley SA 
 Morgan Stanley Asia Limited 

Morgan Stanley & Co. Limited 
 Morgan Stanley & Co. International 1-loldings Limited 
 Morstan Nominees
Limited 
 Morgan Stanley Services (UK) Limited 
 Morgan Stanley Canada Limited 
 Morgan Stanley Asset Management Singapore Limited

 Morgan Stanley Asset Management Limited 
 Morgan Stanley Asset Management Inc. 
 MS Securities Services Inc. 

Morgan Stanley SpA 

Morgan Stanley Capital Group Singapore Pte Limited 
 Morgan Stanley Hong Kong Securities Limited 
 Morgan Stanley Hong Kong Nominees
Limited 
 Morgan Stanley Futures Hong Kong Limited 
 Morgan Stanley Futures Singapore Limited 
 Morgan Stanley Australia Limited

 Morgan Stanley Global Securities Services Incorporated 
 Bank Morgan Stanley AG* 

 PART THREE 
 SCHEDULE 2 
 ADDITIONAL PROVISIONS FOR LIFFE 

The provisions of this Schedule 2 apply where the Contract is a futures or options contractsubject to the Rules of LIFFE. 

 

	1.	General Provisions 

  

	1.1	Morgan Stanley & Co. International Limited is an individual clearing member of LIFFE. Morgan Stanley 

Securities Limited is a non-clearing member of LIFFE. 
  

	 	1.2	1.2 You accept that in relation to LIFFE, 

  

	 	(a)	any allocation pursuant to Clause 12 of this Agreement shall be made as follows. We shall allocate as between clients, first, on the basis of a first in first out
(FIFO) basis and, secondly, pro rata in respect of Open Contracts for which there is a corresponding Client Contract; 

  

	 	(b)	any dispute arising from or relating to this Agreement, insofar as it relates to Contracts or Clients Contracts subject to the rules of LIFFE, and any dispute arising
from or relating to any such Contract or Client Contract as aforesaid and made hereunder shall, unless resolved between us, be referred to the arbitration rules of LIFFE, or to such other organisation as LIFFE may direct before either of us resorts
to the jurisdiction of the courts (other than to obtain an injunction or an order for security for a claim). Clause 43 of this Agreement shall be subject to the agreement contained in this sub-paragraph; and 

 

	 	(c)	subject to the arbitration clause in sub-paragraph (b) above, disputes arising from this Agreement or from Contracts or Client Contracts made under or pursuant to
this Agreement shall (for our benefit) be subject to the exclusive jurisdiction of the English courts to which both parties hereby irrevocably submit. 

  

	 	(d)	in both our interests, LIFFE may from time to time sanction the making of contracts by us outside the pit or outside its electronic trading system in order to satisfy
your order, where there has been an error in the execution of your order. Where a better price (an improvement) can be obtained, we will seek to secure and offer that improvement to you, However, you should note that where, in response to your
order, we have bought or sold in accordance with the instruction in your order to buy or, as the case may be, to sell but have traded the wrong delivery/expiry month or wrong exercise price of the relevant contract, then we may in accordance with
LIFFE’s Rules offset any loss arising from that trade against any improvement achieved for you in the course of correctly satisfying your order, thus offering you only the net improvements, if any. 

	2.	Exclusion of Liability 

  

	2.1	As a member of LIFFE and pursuant to the Rules of LIFFE, we are required to include a provision dealing with exclusion of liability in our agreement with you. The
following provisions and paragraph 3.1 shall apply without prejudice to the generality of Clauses 22, 23, 27 and 28 of this Agreement with you. 

  

	2.2	LIFFE Administration and Management (the “Exchange”) is obliged under the FSA 1986 to ensure that business conducted by means of its market facilities is
conducted in an orderly manner and so as to afford proper protection to investors. We and the Exchange wish to draw to your attention that, inter alia, business on the market may from time to time be suspended or restricted, or the market may from
time to time be closed for a temporary period or for such longer period as may be determined in accordance with LIFFE’s rules on the occurrence of one or more events which require such action to be taken in the interests of inter alia,
maintaining a fair and orderly market. Any such action may result in our being and through U.S you and your clients (if any) may from time to time be prevented from or hindered in entering into contracts in accordance with LIFFE’s rules as a
result of a failure of some or all market facilities. We and the Exchange wish to draw the following exclusion of liability to your attention and to the attention of your clients (if any). Unless otherwise expressly provided in LIFFE’s rules or
in any other agreement to which LIFFE is party, we and LIFFE shall not be liable to you or any client of yours for losst,inel.14.6in. any indirect or consequential loss including, without limitation, loss of profit), damage, injury or delay, whether
direct or indirect, arising from any of the circumstances or occurrences referred to above, or from any act or omission of the Exchange, its officers, employees, agents or representatives, under LIFFE’s rules or pursuant to the Exchange’s
obligations under statute, or from any breach of contract by or any negligence howsoever arising of the Exchange, its officers, employees, agents or representatives. 

 

	2.3	Paragraphs 2.1 and 2.2 of this Schedule 2 shall be construed as applying to, and having the same effect in relation to, business which we transact, or which we would
transact, but for one of the events referred to in this Paragraph occurring, on other futures and options markets. 

  

	3.	Linked Contracts 

DEFINITIONS 
  

			
	“LCH”	 	means The London Clearing House Limited;
		
	“LIFFE”	 	means LIFFE Administration and Management;
		
	“LIFFE Contract”	 	means an Exchange Contract to which a Linked Participating Exchange Contract is linked;
		
	“Linked LIFFE Contract”	 	means an Exchange Contract made available for trading on the market pursuant to a Link, which is specified as such in a General Notice published from time to time by the Exchange
and is linked to a Participating Exchange Contract;

  
 - 44 -

			
		
	“Linked Participant Exchange Contract”	 	means a Participating Exchange Contract specified as such in a General Notice published from time to time by the Exchange and is linked to an Exchange Contract;
		
	“Participating Exchange”	 	means an exchange which has concluded one or more agreements in relation to a Link with the Exchange and/or LCH pursuant to which: (i) contracts in the terms of one or more
Linked LIFFE Contracts are to be transferred to, for clearing by, such exchange or its clearing house; or (ii) contracts in the terms of a Linked Participating Exchange Contract are to be transferred to, for clearing by, LCH. The term
“Participating Exchange” shall include any clearing house, which from time to time provides clearing services to such exchange;
		
	“Participating Exchange Contract”	 	in respect of a Participating Exchange, means a class of contract permitted to be made by Participating Exchange Members under Participating Exchange
rules.

 GENERAL PROVISIONS 
  

	3.1	Exclusion of Liability 

 We and LIFFE
Administration and Management (“LIFFE”) wish to draw to your attention that LIFFE shall have no liability whatsoever to any member or client in contract, tort (including, without limitation, negligence), trust, as fiduciary or under any
other cause of action (except in respect of gross negligence, wilful default or fraud on its part), in respect of any damage, loss, cost or expense of whatsoever nature suffered or incurred by any member or client, as the case may be, as a result
of: any suspension, restriction or closure of the market administered by either a Participating Exchange or LIFFE, whether for a temporary period or otherwise, or as a result of a decision taken on the occurrence of a market emergency; any failure
by a Participating Exchange, LIFFE or LCH to supply each other with data or information in accordance with arrangements from time to time established between all or any of them; the failure of communications facilities or technology supplied,
operated or used by either a Participating Exchange, LIFFE or LCH for the purposes of the Link; any event which is outside its or their control; any act or omission of either a Participating Exchange (where a Participating Exchnage is acting
otherwise than in connection with its clearing function) or LIFFE in connection with any. Participating Exchange Contract, Linked LIFFE Contracted or Linked Participating Exchange Contract or any act or omission of a Participating Exchange, LIFFE,
or LCH (as the case may be) in connection with the operation of the Link or the arrangements for the transfer of contracts. 

  
 - 45 -

	3.2	Governing Law 

 This agreement and all contracts
in the terms of LIFFE Contracts made under this agreement shall be subject to and construed in accordance with English Law. 
  

	3.3	Margin and Client Money/Assets 

 Following the
transfer of a contract in the terms of a Linked LIFFE Contract and the creation of a contract in the terms of a Participating Exchange Contract or prior to the transfer of a contract in the terms of a Linked Participating Exchange Contract and the
creation of a contract in the terms of a LIFFE Contract (as the case may be), margin requirements will be determined in accordance with the rules of the Participating Exchange rather than LIFFE Rules. Any money or assets held in any country other
than the UK may be subject to the applicable law of that country rather than UK client money and other assets rules, and you should satisfy yourself that this is acceptable to you before instructing us to transact any such business. 

PROVISIONS RELATING TO OUTWARD TRANSFERS OF LINKED LIFFE CONTRACTS 

 

	3.4	Rules of LIFFE 

 All contracts in the terms of a
Linked LIFFE Contract made on LIFFE shall be subject to the Rules of LIFFE as from time to time in force. 
  

	3.5	Transfer 

 We shall endeavour to secure the
transfer through the relevant Link of each contract in the terms of a Linked LIFFE Contract made between us which is intended for transfer. Upon confirmation by the relevant Participating Exchange of receipt of trade/position details from LCII,
rights and obligations under such contract, save for outstanding obligations with respect to fees and margin and those rights and obligations referred to in the Rules of LIFFE and the Regulations of LCH, shall be discharged and there shall arise
simultaneously a contract in the terms of a Participating Exchange Contract between us. The contract in terms of a Participating Exchange Contract shall be subject to the rules of the relevant Participating Exchange and shall not be subject to the
provisions of this agreement. 
  

	3.6	Delayed Transfer 

 In the event that, on any
LIFFE trading day, LCH is unable for whatever reason to transmit details of all contracts in the terms of a Linked LIFFE Contract, or the relevant Participating Exchange is unable to receive or acknowledge receipt of all such details, any such
contract made between us on that day shall remain as an undischarged contract in the terms of a Linked LIFFE Contract (but without prejudice to any default provisions agreed between us which may be operated to discharge such contract), subject to
the Rules of LIFFE and the General Regulations and Default Rules of LCH as from time to time in force, until such time as transfer can be achieved. 

  
 - 46 -

	3.7	Impossibility of Transfer 

 If it is not possible
for whatever reason for details of contracts in the terms of the Linked LIFFE Contract to be transmitted by LCH, or for the relevant Participating Exchange to receive or acknowledge receipt of all such details, so that transfer of such contracts
cannot occur on any particular day, and any circumstances preventing such transfer continues so that the Link is suspended or terminated, any such contract made between us during any such period shall remain as an undischarged contract in the terms
of a Linked LIFFE Contract, subject to the Rules of LIFFE and the Regulations of LCH as from time to time in force, and shall be performed in accordance with its terms or may be closed out or otherwise discharged, in accordance with the Rules and
any agreement reached between us. 
 PROVISIONS RELATING TO INWARD TRANSFERS OF LINKED PARTICIPATING EXCHANGE CONTRACTS 

 

	3.8	Transfer 

 In respect of each contract in the
terms of a Linked Participating Exchange Contract made between us which is intended for transfer through the relevant Link, rights and obligations under such contract, save for outstanding obligations with respect to fees or margin and any other
rights or obligations referred to in the Rules of the Participating Exchange, shall be discharged upon confirmation by LCH of receipt of trade/position details from the Participating Exchange and there shall arise simultaneously a contract in the
terms of LIFFE Contract between us. The LIFFE Contract shall be subject to the Rules of LIFFE and the General Regulations and Default Rules of LCH. 
  

	3.9	Delayed Transfer 

 In the event that, on any
Participating Exchange trading day, the relevant Participating Exchange is unable for whatever reason to transmit details of all contracts in the terms of a Linked Participating Exchange Contract, or LCH is unable to receive or acknowledge receipt
of all such details, any such contract made between us on that Participating Exchange on that day shall remain an undischarged contract in the terms of a Linked Participating Exchange Contract (but without prejudice to any default provisions agreed
between us which might be operated to discharge such contract), subject to the rules of the Participating Exchange as from time to time in force, until such time as transfer can be achieved. 

 

	3.10	Impossibility of Transfer 

 If it is not possible
for whatever reason for details of contracts in the terms of a Linked Participating Exchange Contract to be transmitted by the relevant Participating Exchange, or for LCH to receive or acknowledge receipt of all such details, so that transfer of
such contracts cannot occur on any particular day, and any circumstance preventing such transfer continues so that the Link is suspended or terminated, any such contract made between us on that Participating Exchange during that period shall remain
as an undischarged contract in the terms of a Linked Participating Exchange Contract, subject to the rules of the Participating Exchange as from time to time in force and shall be performed in accordance with its terms or may be closed out or
otherwise discharged in accordance with the Rules and any agreement reached between us. 

  
 - 47 -

 PART THREE 
 SCHEDULE 3 
 ELECTRONIC TRADING AND ORDER ROUTING SYSTEMS 

FIA DISCLOSURE STATEMENT 

Electronic trading and order routing systems differ from traditional open outcry pit trading and manual order routing methods. Transactions using an
electronic system are subject to the rules and regulations of the exchange(s) offering the system and/or listing the contract. Before you engage in transactions using an electronic system, you should carefully review the rules and regulations of the
excham.e(s) offering the system and,or listing contracts you intend to trade. 
 DIFFERENCES AMONG ELECTRONIC TRADING SYSTEMS 

Trading or routing orders through electronic systems varies widely among the different electronic systems. You should consult the rules and regulations of
the exchange offering the electronic system and/or listing the contract traded or order routed to understand, among other things, in the case of trading systems, the system’s order matching procedure, opening and closing procedures and prices,
error trade policies, and trading limitations or requirements; and in the case of all systems, qualifications for access and grounds for termination and limitations on the types of orders that may be entered into the system. Each of these matters
may present different risk factors with respect to trading on or using a particular system. Each system may also present risks related to system access, varying response times, and security. in the case of internet-based systems, there may be
additional types of risks related to system access, varying response times and security, as well as risks related to service providers and the receipt and monitoring of electronic mail. 
 RISKS ASSOCIATED WITH SYSTEM FAILURE 
 Trading through an electronic trading or order
routing system exposes you to risks associated with system or component failure. In the event of system or component failure, it is possible that, for a certain time period, you may not be able to enter new orders, execute existing orders, or modify
or cancel orders that were previously entered. System or component failure may also result in loss of orders or order priority. 

SIMULTANEOUS OPEN OUTCRY PIT AND ELECTRONIC TRADING 
 Some contracts offered on an electronic trading system may be traded electronically and through open outcry during the same trading hours. You should review the rules and regulations of the exchange
offering the system and/or listing the contract to determine how orders that do not designate a particular process will be executed. 

LIMITATION OF LIABILITY 
 Exchanges
offering an electronic trading or order routing system and/or listing the contract may have adopted rules to limit their liability, the liability of FCMs, and software and communication system vendors and the amount of damages you may collect for
system failure and delays. These limitations of liability provisions vary among the exchanges. You should consult the rules and regulations of the relevant exchange(s) in order to understand these liability 

  
 - 48 -

 PART FOUR 
 NON-PRIVATE CUSTOMER DOCUMENTS 
 (Exchange-traded Derivatives)

 CUSTOMER SIGNATURES 
  

			
	To:	  	Morgan Stanley & Co. International Limited
		  	Morgan Stanley Securities Limited

 The undersigned agrees
to the terms of the Non-Private Customer Documents (Exchange-traded Derivatives) including without limitation, the indemnities, exclusions and restrictions of duties and liabilities in your favour therein and any additional enclosures, all of which
we have read and understood. 
  

					
	Date:	  	  
	  	
	Signed:	  	/s/ Walter Davis	  	
	Name (s):	  	Walter Davis, President	  	
		  	[Print]	  	

  

			
	Authorised Signatory(ies)
		
	for and on behalf of	  	Demeter Management Corporation on behalf of each Customer listed on Schedule A, severally and not Jointly
		
		  	[Print Name of Client (Non-Private Customer))

 All notices
or other documents pursuant to this booklet shall be served at the following address: 
 Address: 

For the attention of: 
 Telex and Answerback:

 Fax: 
 Corporate Registered Office:

 (if different from above) 

Designated Offices for the purposes of Master Netting Agreement: 
 (if different from above) 
 CUSTOMERS DOMICILED IN LUXEMBOURG ONLY

 I/We confirm that I/we specifically and expressly consent to Clause 9, 21, 22, 23, 32, 33, 34, 39, 40 and 42 of the above Agreement for
the purposes of Article 1354 of the Civil Code and Article I of the Protocol annexed to the Convention on Jurisdiction and the Enforcement of Judgements in Civil and Commercial Matters signed in Brussels on 27th September 1968. 

Signed: 

  
 - 49 -

 Morgan Stanley 

CUSTOMER DOCUMENTS 
 Exchange-Traded Derivatives Only 
 Additional Documents for U.S.
Customers 
 April 2007 

 Exchange-Traded Derivatives Only 

ADDITIONAL DOCUMENTS FOR U.S. CUSTOMERS OF 
 MORGAN STANLEY & CO. INTERNATIONAL PLC 
 The documents in this booklet supplement
for U.S. customers the standard customer document booklet for dealing in financial and commodity futures and options. The standard booklet contains our terms and conditions of dealing and risk warnings required by regulatory authorities in the
United Kingdom. 
 The Commodity Futures Trading Commission (CFTC) has granted Morgan Stanley & Co. International plc an exemption from
registering as a Futures Commission Merchant (FCM) and from certain requirements of its rules in respect of trading foreign (i.e., non-US) futures and options with customers resident in the United States. This booklet is issued to satisfy certain
conditions of that exemption and other CFTC requirements relating to the offer or sale of foreign futures and options in the U.S. it modifies our standard terms in certain respects and contains additional disclosures relating to options generally
and to non-U.S. futures and options in particular. 
 This disclosure document meets the risk disclosure requirements in the jurisdictions
identified below ONLY for those instruments which are specified. 
  

			
	United States:	  	commodity futures, options on commodity futures and options on commodities subject to the Commodity Exchange Act.
		
	United Kingdom:	  	futures, options on futures, options on commodities and options on equities traded by members of the United Kingdom Financial Services Authority pursuant to the Financial
Services and Markets Act 2000.
		
	Ireland:	  	financial futures and options and options on financial futures traded by members of futures exchanges on exchanges whose rules have been approved by the Central Bank of Ireland
under Chapter VIII of the Central Bank Act, 1989.

 The booklet contains a form of consent whereby you would agree that, in the
event of a dispute, you would exhaust certain mediation or conciliation procedures made available by our principal UK regulator (the Financial Services Authority (FSA)) prior to starting NFA or FSA arbitration proceedings. As required, we enclose
details of these procedures. 
 Finally, this booklet summarizes the consequences for intermediate customers of choosing not to segregate their
funds under UK Client Money Rules in respect of London Metal Exchange transactions. 

 RISK DISCLOSURE STATEMENT FOR FUTURES AND 

OPTIONS 
 This brief
statement does not disclose all of the risks and other significant aspects of trading in futures and options. In light of the risks, you should undertake such transactions only if you understand the nature of the contracts (and contractual
relationships) into which you are entering and the extent of your exposure to risk. Trading in futures and options is not suitable for many members of the public. You should carefully consider whether trading is appropriate for you in light of your
experience, objectives, financial resources and other relevant circumstances. 
 Futures 

 

	1.	Effect of ‘Leverage’ or ‘Gearing’ 

 Transactions in futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract so that transactions are ‘leveraged’ or
‘geared’, A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you. You may sustain a total loss of initial margin
funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your
position. If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit. 

 

	2.	Risk-reducing orders or strategies 

 The placing
of certain orders (e.g. `stop-loss’ orders, where permitted under local law, or ‘stop-limit’ orders) which are intended to limit losses to certain amounts may not be effective because market conditions may make it impossible to
execute such orders. Strategies using combinations of positions, such as ‘spread’ and ‘straddle’ positions may be as risky as taking simple `long’ or ‘short’ positions. 

Options 
  

	3.	Variable degree of risk 

 Transactions in options
carry a high degree of risk. Purchasers and sellers of options should familiarise themselves with the type of option (i.e., put or call) which they contemplate trading and the associated risks. You should calculate the extent to which the value of
the options must increase for your position to become profitable, taking into account the premium and all transaction costs. 
 The purchaser of
options may offset or exercise the options or allow the options to expire. The exercise of an option results either in a cash settlement or in the purchaser acquiring or delivering the underlying interest. If the option is on a future, the purchaser
will acquire a futures position with associated liabilities for margin (see the section on Futures above). If the purchased options expire worthless, you will suffer a total loss of your investment which will consist of the option premium plus
transaction costs. If you are contemplating purchasing deep-out-of-the money options, you should be aware that the chance of such options becoming profitable ordinarily is remote. 

 Selling (“writing’ granting”) an option generally entails considerably greater risk than
purchasing options. Although the premium received by the seller is fixed, the seller may sustain a loss well in excess U that 41110C1v11- The seller will be liable for additional margin to maintain the position if the market moves unfavourably. The
seller will also be exposed to the risk of the purchaser exercising the option and the seller will be obligated to either settle the option in cash or to acquire or deliver the underlying interest. If the option is on a future, the seller will
acquire a position in a future with associated liabilities for margin (see the section on Futures above). If the option is ‘covered’ by the seller holding a corresponding position in the underlying interest or a future or another option,
the risk may be reduced. If the option is not covered, the risk of loss can be unlimited. 
 Certain exchanges in some jurisdictions permit
deferred payment of the option premium, exposing the purchaser to liability for margin payments not exceeding the amount of the premium. The purchaser is still subject to the risk of losing the premium and transaction costs. When the option is
exercised or expires, the purchaser is responsible for any unpaid premium outstanding at that time. 
 Additional risks common to futures and
options 
  

	4.	Terms and conditions of contracts 

 You should
ask the firm with which you deal about the terms and conditions of the specific futures or options which you are trading and associated obligations (e.g. the circumstances under which you may become obligated to make or take delivery of the
underlying interest of a futures contract and, in respect of options, expiration dates and restrictions on the time for exercise). Under certain circumstances the specifications of outstanding contracts (including the exercise price of an option)
may be modified by the exchange or clearing house to reflect changes in the underlying interest. 
  

	5.	Suspension or restriction of trading and pricing relationships 

 Market conditions (e.g. illiquidity) and/or the operation of the rules of certain markets (e.g. the suspension of trading in any contract or contract month because of the price limits or ‘circuit
breakers’) may increase the risk of loss by making it difficult or impossible to effect transactions or liquidate/offset positions. If you have sold options, this may increase the risk of loss. 

Further, normal pricing relationships between the underlying interest and the future, and the underlying interest and the option may not exist. This can
occur when, for example, the futures contract underlying the option is subject to price limits while the option is not, The absence of an underlying reference price may make it difficult to judge lair’ value. 

 

	6.	Deposited cash and property 

 You should
familiarise yourself with the protections accorded money or other property you deposit for domestic and foreign transactions, particularly in the event of a firm insolvency or bankruptcy. The extent to which you may recover your money or property
may be governed by specified legislation or local rules. In some jurisdictions, property which had been specifically identifiable as your own will be pro-rated in the same manner as cash for purposes of distribution in the event of a shortfall.

	7.	Commission and other charges 

 Before you begin
to trade, you should obtain a clear explanation of all commission, fees and other charges for which you will be liable. These charges will affect your net profit (if any) or increase your loss. 

 

	8.	Transactions in other jurisdictions 

Transactions on markets in other jurisdictions, including markets formally linked to a domestic market, may expose you to additional risk. Such markets
may be subject to regulation which may offer different or diminished investor protection. Before you trade, you should enquire about any rules relevant to your particular transactions. Your local regulatory will be unable to compel the enforcement
of the rules of regulatory authorities or markets in other jurisdictions where your transactions have been effected. You should ask the firm with which you deal for details about the types of redress available in both your home jurisdiction and
other relevant jurisdictions before you start to trade. 
  

	9.	Currency Risks 

 The profit or loss in
transactions in foreign currency-denominated contracts (whether they are traded in you own or another jurisdiction) will be affected by fluctuations in currency rates where there is a need to convert from the currency denomination of the contract to
another currency. 
  

	10.	Trading facilities 

 Most open-outcry and
electronic trading facilities are supported by computer-based component systems for the order-routing, execution, matching, registration or clearing of trades. As with all facilities and systems, they are vulnerable to temporary disruption or
failure. Your ability to recover certain losses may be subject to limits on liability imposed by the system provider, the market, the clearing house and/or member firms. Such limits may vary; you should ask the firm with which you deal for details
in this respect. 
  

	11.	Electronic trading 

 Trading on an electronic
trading system may differ not only from trading in an open-outcry market but also from trading on other electronic trading systems. If you undertake transactions on an electronic trading system, you will be exposed to risk associated with the system
including the failure of hardware and software. The result of any system failure may be that your order is either not executed according to your instructions or is not executed at all, 

 

	12.	Off-exchange transactions 

 In some
jurisdictions, and only then in restricted circumstances, firms are permitted to effect off-exchange transactions. The firm with which you deal may be acting as your counterparty to the transaction. It may be difficult or impossible to liquidate an
existing position, to assess the value, to determine a fair price or to assess the exposure to risk. For these reasons, these transactions may involve increased risks. Off-exchange transactions may be less regulated or subject to a separate
regulatory regime. Before you undertake such transactions, you should familiarise yourself with applicable rules and attendant risks. 
 I/we
hereby acknowledge that I/we have received and understood this risk disclosure statement furnished to me/us by Morgan Stanley & Co. International plc, 

			
	Signature(s):	 	 /s/ Walter Davis

	Name(s):	 	Walter Davis
	Title(s):	 	President

 Authorised signatory(ies) for and on behalf of:

 Demeter Management Corporation on behalf of each Customer listed on Schedule A, severally and not jointly 

Name of Customer (please print) 
 Date:
July 26, 2007 

 Schedule A 
  

			
	 Customer:
	  	 Tax ID:

	Morgan Stanley Managed Futures Altis I, LLC	  	20-852895 1
		
	Morgan Stanley Managed Futures Aspect I, LLC	  	20-8852411
		
	Morgan Stanley Managed Futures Blenheim I, LLC	  	20-8528957
		
	Morgan Stanley Managed Futures Chesapeake I, LLC	  	20-8852501
		
	Morgan Stanley Managed Futures Cornerstone I, LLC	  	20-8852546
		
	Morgan Stanley Managed Futures DKR I, LLC	  	20-85290 12
		
	Morgan Stanley Managed Futures Kaiser I, LLC	  	20-8 852620
		
	Morgan Stanley Managed Futures Transtrend I, LLC	  	20-85290 12
		
	Morgan Stanley Managed Futures Transtrend II, LLC	  	20-8529352
		
	Morgan Stanley Managed Futures WCM I, LLC	  	20-8852756Amendment & restated Employees' Retirement Plan

 Exhibit 10.6 
 LKQ CORPORATION 
 EMPLOYEES’ RETIREMENT PLAN 

401(k) Plan CL2009 
 Restated January 1,
2010 

 TABLE OF CONTENTS 

 
  

									
	INTRODUCTION	  		  		  	 	1	  
				
	 ARTICLE I
	  		  	FORMAT AND DEFINITIONS	  	 	2	  
				
	 Section 1.01
	  	—	  	Format	  	 	2	  
	 Section 1.02
	  	—	  	Definitions	  	 	2	  
				
	 ARTICLE II
	  		  	PARTICIPATION	  	 	21	  
				
	 Section 2.01
	  	—	  	Active Participant	  	 	21	  
	 Section 2.02
	  	—	  	Inactive Participant	  	 	22	  
	 Section 2.03
	  	—	  	Cessation of Participation	  	 	22	  
	 Section 2.04
	  	—	  	Adopting Employers - Single Plan	  	 	23	  
				
	 ARTICLE III
	  		  	CONTRIBUTIONS	  	 	26	  
				
	 Section 3.01
	  	—	  	Employer Contributions	  	 	26	  
	 Section 3.01A
	  	—	  	Rollover Contributions	  	 	28	  
	 Section 3.02
	  	—	  	Forfeitures	  	 	29	  
	 Section 3.03
	  	—	  	Allocation	  	 	30	  
	 Section 3.04
	  	—	  	Contribution Limitation	  	 	31	  
	 Section 3.05
	  	—	  	Excess Amounts	  	 	36	  
				
	 ARTICLE IV
	  		  	INVESTMENT OF CONTRIBUTIONS	  	 	46	  
				
	 Section 4.01
	  	—	  	Investment and Timing of Contributions	  	 	46	  
				
	 ARTICLE V
	  		  	BENEFITS	  	 	47	  
				
	 Section 5.01
	  	—	  	Retirement Benefits	  	 	47	  
	 Section 5.02
	  	—	  	Death Benefits	  	 	47	  
	 Section 5.03
	  	—	  	Vested Benefits	  	 	47	  
	 Section 5.04
	  	—	  	When Benefits Start	  	 	47	  
	 Section 5.05
	  	—	  	Withdrawal Benefits	  	 	48	  
	 Section 5.06
	  	—	  	Loans to Participants	  	 	50	  
	 Section 5.07
	  	—	  	Distributions Under Qualified Domestic Relations Orders	  	 	52	  
				
	 ARTICLE VI
	  		  	DISTRIBUTION OF BENEFITS	  	 	54	  
				
	 Section 6.01
	  	—	  	Form of Distribution	  	 	54	  
	 Section 6.02
	  	—	  	Election Procedures	  	 	54	  
	 Section 6.03
	  	—	  	Notice Requirements	  	 	55	  
				
	 ARTICLE VII
	  		  	REQUIRED MINIMUM DISTRIBUTIONS	  	 	56	  
				
	 Section 7.01
	  	—	  	Application	  	 	56	  
	 Section 7.02
	  	—	  	Definitions	  	 	56	  
	 Section 7.03
	  	—	  	Required Minimum Distributions	  	 	57	  

  

					
	RESTATEMENT JANUARY 1, 2010	 	i	 	TABLE OF CONTENTS (4-52549)-2

									
	 Section 7.04
	  	—	  	Transition Rules	  	 	60	  
				
	 ARTICLE VIII
	  		  	TERMINATION OF THE PLAN	  	 	61	  
				
	 ARTICLE IX
	  		  	ADMINISTRATION OF THE PLAN	  	 	62	  
				
	 Section 9.01
	  	—	  	Administration	  	 	62	  
	 Section 9.02
	  	—	  	Expenses	  	 	62	  
	 Section 9.03
	  	—	  	Records	  	 	62	  
	 Section 9.04
	  	—	  	Information Available	  	 	63	  
	 Section 9.05
	  	—	  	Claim Procedures	  	 	63	  
	 Section 9.06
	  	—	  	Delegation of Authority	  	 	66	  
	 Section 9.07
	  	—	  	Exercise of Discretionary Authority	  	 	66	  
	 Section 9.08
	  	—	  	Transaction Processing	  	 	66	  
				
	 ARTICLE X
	  		  	GENERAL PROVISIONS	  	 	68	  
				
	 Section 10.01
	  	—	  	Amendments	  	 	68	  
	 Section 10.02
	  	—	  	Direct Rollovers	  	 	69	  
	 Section 10.03
	  	—	  	Mergers and Direct Transfers	  	 	69	  
	 Section 10.04
	  	—	  	Provisions Relating to the Insurer and Other Parties	  	 	70	  
	 Section 10.05
	  	—	  	Employment Status	  	 	71	  
	 Section 10.06
	  	—	  	Rights to Plan Assets	  	 	71	  
	 Section 10.07
	  	—	  	Beneficiary	  	 	71	  
	 Section 10.08
	  	—	  	Nonalienation of Benefits	  	 	72	  
	 Section 10.09
	  	—	  	Construction	  	 	72	  
	 Section 10.10
	  	—	  	Legal Actions	  	 	72	  
	 Section 10.11
	  	—	  	Small Amounts	  	 	72	  
	 Section 10.12
	  	—	  	Word Usage	  	 	73	  
	 Section 10.13
	  	—	  	Change in Service Method	  	 	73	  
	 Section 10.14
	  	—	  	Military Service	  	 	75	  
	 Section 10.15
	  	—	  	Missing Participants and Beneficiaries	  	 	75	  
				
	 ARTICLE XI
	  		  	TOP-HEAVY PLAN REQUIREMENTS	  	 	76	  
				
	 Section 11.01
	  	—	  	Application	  	 	76	  
	 Section 11.02
	  	—	  	Definitions	  	 	76	  
	 Section 11.03
	  	—	  	Modification of Contributions	  	 	78	  
		
	PLAN EXECUTION	  	 	80	  
		
	PROTECTED BENEFIT ADDENDUM	  	 	81	  

  

					
	RESTATEMENT JANUARY 1, 2010	 	ii	 	TABLE OF CONTENTS (4-52549)-2

 INTRODUCTION 
 The Primary Employer previously established a retirement plan on August 1, 1999. 
 Global Trade Alliance, Inc. previously established the Global Trade Alliance, Inc. 401(k) Plan on January 1, 1993; Keystone Automotive Industries, Inc. previously established the Keystone 401(k)
Retirement Plan on January 1, 1996; Bodymaster Auto Parts, Inc. previously established the Bodymaster Auto Parts, Inc. 401(k) Plan on January 1, 1997; and Pick Your Part Auto Wrecking previously established the Pick Your Part Retirement
Savings Plan on January 1, 1996. 
 The Primary Employer was of the opinion that the Global Trade Alliance, Inc. 401(k)
Plan and the Keystone 401(k) Retirement Plan should be merged with the LKQ Corporation Employees’ Retirement Plan effective September 1, 2008; the Bodymaster Auto Parts, Inc. 401(k) Plan should be merged with the the LKQ Corporation
Employees’ Retirement Plan effective September 3, 2008; and the Pick Your Part Retirement Savings Plan should be merged with the the LKQ Corporation Employees’ Retirement Plan effective January 1, 2009. The plans were merged as
of each applicable effective date and the the LKQ Corporation Employees’ Retirement Plan became in lieu of the prior plan documents. 
 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, 2010, is set forth in this document and is substituted in lieu of the prior document with the exception of any good faith compliance amendment and any model amendment. Such amendment(s) shall
continue to apply to this restated plan until such provisions are integrated into the plan or such amendment(s) are superseded by another amendment. 
 The restated plan continues to be for the exclusive benefit of employees of the Employer. All persons covered under the plan on December 31, 2009, 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. 
 This plan includes the statutory, regulatory, and
guidance changes specified in the 2009 Cumulative List of Changes in Plan Qualification Requirements (2009 Cumulative List) contained in Internal Revenue Service Notice 2009-98 and the qualification requirements and guidance published before the
issuance of such list. The provisions of this plan apply as of the effective date of the restatement unless otherwise specified. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	1	 	INTRODUCTION (4-52549)-2

 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)	Pre-tax Elective Deferral Contributions 

  

	 	(b)	Matching Contributions 

  

	 	(c)	Qualified Nonelective Contributions 

  

	 	(d)	Other Employer Contributions 

  

	 	(e)	Rollover Contributions 

 If the
Participant’s Vesting Percentage is less than 100% as to any of the Employer Contributions, a separate accounting record will be kept for any part of his Account resulting from such Employer Contributions and, if there has been a prior
Forfeiture Date, from such 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 August 1, 1999. 

ACP Test means the nondiscrimination test described in Code Section 401(m)(2) as provided for in subparagraph (d) of the
EXCESS AMOUNTS SECTION of Article III. 
 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. 
 Adopting Employer means
an employer which is a Controlled Group member and which is listed in the ADOPTING EMPLOYERS - SINGLE PLAN SECTION of Article II or in the attached participation agreement. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	2	 	ARTICLE I (4-52549)-2

 ADP Test means the nondiscrimination test described in Code Section 401(k)(3) as
provided for in subparagraph (c) of the EXCESS AMOUNTS SECTION of Article III. 
 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 the 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. 

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 Trustee or 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. 
 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. 
 Catch-up Contributions means Elective Deferral Contributions made to the
Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are age 50 or older by the end of the taxable year. An otherwise applicable Plan limit is a limit in the Plan that applies to Elective Deferral
Contributions without regard to Catch-up Contributions, such as the limits on the Maximum Annual Additions, as defined in the CONTRIBUTION LIMITATION SECTION of Article III, the dollar limitation on Elective Deferral Contributions under Code
Section 402(g) (not counting Catch-up Contributions), and the limit imposed by the ADP Test. 
 Catch-up Contributions are
not subject to the limits on the Maximum Annual Additions, as defined in the CONTRIBUTION LIMITATION SECTION of Article III, are not counted in the ADP Test, and are not counted in determining the minimum allocation under Code Section 416 (but
Catch-up Contributions made in prior years are counted in determining whether the Plan is top-heavy). 
 Claimant means
any person who makes a claim for benefits under this Plan. See the CLAIM PROCEDURES SECTION of Article IX. 
 Code
means the Internal Revenue Code of 1986, as amended. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	3	 	ARTICLE I (4-52549)-2

 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, from the Employer or a Predecessor Employer that did not maintain this Plan during any specified period. Earnings from such Predecessor Employer shall be counted
only if service continued with the Employer without interruption. Earnings include earnings while a partner or proprietor of such Predecessor Employer. 
 “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. 

For any Self-employed Individual, Compensation means Earned Income. 

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. 
 For Plan Years beginning on or after July 1, 2007, 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.

  

					
	RESTATEMENT JANUARY 1, 2010	 	4	 	ARTICLE I (4-52549)-2

 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 (as that term is used in 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. 
 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. 
 Compensation shall exclude reimbursements or other expense
allowances, fringe benefits (cash and noncash), moving expenses, deferred compensation (other than elective contributions), and welfare benefits. 
 Compensation shall exclude the following: 
 long-term incentive plan payments

 For purposes of the EXCESS AMOUNTS SECTION of Article III, Compensation shall not exclude those items listed above unless such
Compensation is nondiscriminatory in accordance with the regulations under Code Section 414(s). 
 Compensation shall
include Differential Wage Payments. 
 For purposes of the EXCESS AMOUNTS SECTION of Article III, the Employer may elect to
use an alternative nondiscriminatory definition of Compensation in accordance with the regulations under Code Section 414(s). 
 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). In modification of the foregoing, Elective Deferral Contributions may be made with
respect to Compensation which exceeds the annual compensation limit, provided such Elective Deferral Contributions otherwise satisfy any applicable limitations. The cost-of-living adjustment in effect for a calendar year applies to any determination
period beginning with or within such calendar year. 
 If a determination period consists of fewer than 12 months, the annual
compensation limit is an amount equal to the otherwise applicable annual compensation 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.

  

					
	RESTATEMENT JANUARY 1, 2010	 	5	 	ARTICLE I (4-52549)-2

 If Compensation for any prior determination period is taken into account in determining a
Participant’s contributions or allocations 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 and allocations in Plan Years beginning on or after January 1, 2002, the annual compensation limit in effect for determination periods beginning before that date is $200,000. 

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 August 1, 1999. 
 Contributions means Employer Contributions and 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 is 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 the regulations thereunder and, for purposes of determining contribution limitations under the
CONTRIBUTION LIMITATION SECTION of Article III, as modified by Code Section 415(h). 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. 
 Designated Beneficiary means the
individual who is designated by the Participant (or the Participant’s surviving spouse) as the Beneficiary of the Participant’s interest under the Plan and who is the designated beneficiary under Code Section 401(a)(9) and section
1.401(a)(9)-4 of the regulations. 
 Differential Wage Payments means any payments which are made by an Employer to an
individual with respect to any period during which the individual is performing Qualified Military Service while on active duty for a period of more than 30 days, and represents all or a portion of the wages the individual would have received from
the Employer if the individual were performing service for the Employer. 
 Direct Rollover means a payment by the Plan to
the Eligible Retirement Plan specified by the Distributee. 
 Discretionary Contributions means discretionary
contributions made by the Employer. See the EMPLOYER CONTRIBUTIONS SECTION of Article III. 
 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	6	 	ARTICLE I (4-52549)-2

 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 earnings 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. 
 Elective Deferral Contributions
means contributions made by the Employer in accordance with elective deferral agreements between Eligible Employees and the Employer. 
 Elective deferral agreements shall be made, changed, or terminated according to the provisions of the EMPLOYER CONTRIBUTIONS SECTION of Article III. 

Elective Deferral Contributions shall be 100% vested and subject to the distribution restrictions of Code Section 401(k) when made.
See the WHEN BENEFITS START SECTION of Article V. 
 Elective Deferral Contributions means Pre-tax Elective Deferral
Contributions. 
 Eligibility Break in Service means an 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 begin on anniversaries of 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, for purposes of
Contributions other than Elective Deferral Contributions and Matching Contributions, one year of 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.

 For purposes of Elective Deferral Contributions and Matching Contributions, 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. This Period of 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: 
 Service with a Predecessor Employer that did not maintain this Plan included: 
 An
Employee’s service with a Predecessor Employer that did not maintain this Plan shall be included as service with the Employer. An Employee’s service with such Predecessor Employer shall be counted only if service continued with the
Employer without interruption. This service includes service performed while a proprietor or partner. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	7	 	ARTICLE I (4-52549)-2

 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. 
 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. 

 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 excluding the following: 
 Bargaining class, unless the collective bargaining agreement
specifically provides for participation in this Plan. Represented for collective bargaining purposes by any collective bargaining agreement between the Employer and employee representatives, if retirement benefits were the subject of good faith
bargaining and if two percent or less of the Employees who are covered pursuant to that agreement are professionals as defined in section 1.410(b)-9 of the regulations. 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 of the Employer. 

Nonresident alien, within the meaning of Code Section 7701(b)(1)(B), who receives no earned income, within the meaning of Code
Section 911(d)(2), from the Employer that constitutes income from sources within the United States, within the meaning of Code Section 861(a)(3), or who receives such earned income but it is all exempt from income tax in the United States
under the terms of an income tax convention. 
 Leased Employee. 

An Employee considered by the Employer to be an independent contractor, or the employee of an independent contractor, who is later
determined by the Internal Revenue Service to be an Employee. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	8	 	ARTICLE I (4-52549)-2

 However, to the extent an Employee becomes an Employee as a result of a Code
Section 410(b)(6)(C) transaction, that Employee shall not be an Eligible Employee during the period beginning on the date of the transaction and ending on the last day of the first Plan Year beginning after the date of the transaction. This
period is called the transition period. The transition period may end earlier if there is a significant change in the coverage under the Plan or if the Employer chooses to cover all similarly situated Employees as of an earlier date. A Code
Section 410(b)(6)(C) transaction is an asset or stock acquisition, merger, or similar transaction involving a change in the employer of the employees of a trade or business. 

Eligible Retirement Plan means an eligible plan under Code Section 457(b) which is maintained by a state, political
subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state and which agrees to separately account for amounts transferred into such plan from this Plan, an individual retirement account described in Code
Section 408(a), an individual retirement annuity described in Code Section 408(b), for taxable years beginning on or after January 1, 2008, an individual retirement plan described in Code Section 408A(b) subject to any
limitations described in Code Section 408A(c), an annuity plan described in Code Section 403(a), an annuity contract described in Code Section 403(b), or a qualified plan described in Code Section 401(a), that accepts the
Distributee’s Eligible Rollover Distribution. The definition of Eligible Retirement Plan shall also apply in the case of a distribution to a surviving spouse, or to a spouse or former spouse who is the Alternate Payee under a qualified domestic
relations order, as defined in Code Section 414(p). 
 For taxable years beginning on or after January 1, 2006, if any
portion of an Eligible Rollover Distribution is attributable to payments or distributions from a designated Roth account, an Eligible Retirement Plan with respect to such portion shall include only (i) another designated Roth account of the
individual from whose Account the payments or distributions were made under an annuity plan described in Code Section 403(a) or a qualified plan described in Code Section 401(a); (ii) another designated Roth account of such individual
under an annuity contract described in Code Section 403(b); or (iii) a Roth IRA described in Code Section 408A of such individual. 
 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) any hardship
distribution; (iv) 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 (v) any other
distribution(s) that is reasonably expected to total less than $200 during a year. 
 A portion of a distribution shall not fail
to be an Eligible Rollover Distribution merely because the portion consists of after-tax employee contributions that are not includible in gross income. However, such portion may be transferred only to (i) an individual retirement account or
individual retirement annuity described in Code Section 408(a) or (b); (ii) for taxable years beginning on or after January 1, 2007, a qualified plan (defined contribution or defined benefit) or an annuity contract described in Code
Section 403(b) that agrees to separately account for amounts so transferred, including separately accounting for the portion of such distribution which is includible in gross income and the portion of such distribution which is not so
includible; or (iii) for taxable years beginning on or after January 1, 2008, an individual retirement plan described in Code Section 408A(b) subject to any limitations in Code Section 408A(c) that agrees to separately account
for amounts so transferred, including separately accounting for the portion of such distribution which is includible in gross income and the portion of such distribution which is not so includible. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	9	 	ARTICLE I (4-52549)-2

 A portion of a distribution shall not fail to be an Eligible Rollover Distribution merely
because the portion consists of the portion of a designated Roth account that is not includible in a Participant’s gross income. However, for taxable years beginning on or after January 1, 2006, such portion may be transferred only to a
Roth IRA described in Code Section 408A or to a designated Roth account under another plan that agrees to separately account for amounts so transferred, including separately accounting for the portion of such distribution which is includible in
gross income and the portion of such distribution which is not so includible. 
 If the distribution includes any portion of a
designated Roth account, in determining if (v) above applies: (i) any portion of the distribution from the designated Roth account shall not be treated as an Eligible Rollover Distribution if it is reasonably expected to total less than
$200 during a year and (ii) the balance of the distribution, if any, shall not be treated as an Eligible Rollover Distribution if it is reasonably expected to total less than $200 during a year. In addition, for taxable years beginning on or
after January 1, 2006, a designated Roth account and all other accounts under the Plan shall be treated as accounts held under two separate plans and shall not be combined in determining a mandatory distribution of an Eligible Rollover
Distribution greater than $1,000 in the DIRECT ROLLOVERS SECTION of Article X. 
 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. 

Beginning January 1, 2009, the term Employee shall include any individual receiving Differential Wage Payments. 

The term Employee shall include any Self-employed Individual treated as an employee of any employer described in the preceding paragraphs
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 paragraphs 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 that maintained this Plan. 

Employer Contributions means 
 Elective Deferral Contributions 
 Matching Contributions 

Qualified Nonelective Contributions 
 Discretionary Contributions 
 as set out in Article III and contributions made
by the Employer in accordance with the provisions of the MODIFICATION OF CONTRIBUTIONS SECTION of Article XI, unless the context clearly indicates only specific contributions are meant. 

Employment Commencement Date means the date an Employee first performs an Hour of Service. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	10	 	ARTICLE I (4-52549)-2

 Entry Date means the date an Employee first enters the Plan as an Active Participant
for purposes of specified Contributions in 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. 
 Highly Compensated Employee means any Employee
who: 
  

	 	(a)	was a 5-percent owner at any time during the year or the preceding year, or 

 

	 	(b)	for the preceding year had compensation from the Employer in excess of $80,000 and, if the Employer so elects, was in the top-paid group for the preceding year. The
$80,000 amount is adjusted at the same time and in the same manner as under Code Section 415(d), except that the base period is the calendar quarter ending September 30, 1996. 

For this purpose the applicable year of the plan for which a determination is being made is called a determination year and the preceding
12-month period is called a look-back year. If the Employer makes a calendar year data election, the look-back year shall be the calendar year beginning with or within the look-back year. The Plan may not use such election to determine whether
Employees are Highly Compensated Employees on account of being a 5-percent owner. 
 In determining who is a Highly Compensated
Employee, the Employer does not make a top-paid group election. In determining who is a Highly Compensated Employee, the Employer does not make a calendar year data election. 
 Calendar year data elections and top-paid group elections, once made, apply for all subsequent years unless changed by the Employer. If the Employer makes one election, the Employer is not required to
make the other. If both elections are made, the look-back year in determining the top-paid group must be the calendar year beginning with or within the look-back year. These elections must apply consistently to the determination years of all plans
maintained by the Employer which reference the highly compensated employee definition in Code Section 414(q), except as provided in Internal Revenue Service Notice 97-45 (or superseding guidance). 

The determination of who is a highly compensated former Employee is based on the rules applicable to determining Highly Compensated
Employee status as in effect for that determination year, in accordance with section 1.414(q)-1T, A-4 of the temporary Income Tax Regulations and Internal Revenue Service Notice 97-45. 

The determination of who is a Highly Compensated Employee, including the determinations of the number and identity of Employees in the
top-paid group, the compensation that is considered, and the identity of the 5-percent owners, shall be made in accordance with Code Section 414(q) and the regulations thereunder. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	11	 	ARTICLE I (4-52549)-2

 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.

  

	 	(b)	Each hour for which an Employee is paid, or entitled to payment, by the Employer on account 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	12	 	ARTICLE I (4-52549)-2

 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 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. 

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 or the insurance company or companies named by (i) the Primary
Employer or (ii) the Trustee in its discretion or as directed under the Trust Agreement. 
 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, or invested pursuant to, the terms of a 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 that 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 that 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
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 

  

					
	RESTATEMENT JANUARY 1, 2010	 	13	 	ARTICLE I (4-52549)-2

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

 Late Retirement Date means any day that 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 day he has a Severance from Employment. An earlier Retirement Date may apply if the Participant so elects. A later Retirement Date may apply if the Participant so elects. 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), (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. 

Loan Administrator means the person(s) or position(s) authorized to administer the Participant loan program. 

The Loan Administrator is the Plan Administrator. 
 Matching Contributions means contributions made by the Employer that are contingent on a Participant’s Elective Deferral Contributions. See the EMPLOYER CONTRIBUTIONS SECTION of Article III.

 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. 

Nonhighly Compensated Employee means an Employee of the Employer who is not a Highly Compensated Employee. 

Nonvested Account means the excess, if any, of a Participant’s Account over his Vested Account. 

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 65. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	14	 	ARTICLE I (4-52549)-2

 Normal Retirement Date means the date the Participant reaches his Normal Retirement
Age. Unless otherwise provided in this Plan, a Participant’s retirement benefits shall begin on his Normal Retirement Date if he has had a Severance from Employment on such date. Even if the Participant is an Employee on his Normal Retirement
Date, he may choose to have his retirement benefit begin on such date. 
 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 

  

	 	(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. 
 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. 
 Plan means the retirement savings 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	15	 	ARTICLE I (4-52549)-2

 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, except for purposes of the CONTRIBUTION LIMITATION SECTION of
Article III, 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), unless otherwise specified in the acquisition agreement. 
 Pre-tax Elective Deferral Contributions means a
Participant’s Elective Deferral Contributions that are not includible in the Participant’s gross income at the time deferred. 
 Primary Employer means LKQ Corporation. 
 Qualified Matching
Contributions means Matching Contributions that are 100% vested when made to the Plan and that are distributable only in accordance with the distribution provisions (other than for hardships) applicable to Elective Deferral Contributions.

 Qualified Military Service means any service in the uniformed services (as defined in Chapter 43 of Title 38 of the
U.S. Code) by any individual if such individual is entitled to reemployment rights under such chapter with respect to such service. 
 Qualified Nonelective Contributions means contributions made by the Employer (other than Elective Deferral Contributions) that are 100% vested when made to the Plan and that are distributable only
in accordance with the distribution provisions (other than for hardships) applicable to Elective Deferral Contributions. See the EMPLOYER CONTRIBUTIONS SECTION of Article III and the WHEN BENEFITS START SECTION of Article V. 

Quarterly Date means each Yearly Date and the third, sixth, and ninth Monthly Date after each Yearly Date that is within the same
Plan Year. 
 Reemployment Commencement Date means the date an Employee first performs an Hour of Service following an
Eligibility Break in Service or a Period of Severance, whichever applies. 
 Reentry Date means the date a former Active
Participant reenters the Plan. See the ACTIVE PARTICIPANT SECTION of Article II. 
 Retirement Date means the date a
retirement benefit will begin and is a Participant’s 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	16	 	ARTICLE I (4-52549)-2

 Self-employed Individual means, with respect to any taxable year, an individual who
has Earned Income for the taxable 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 taxable year). 

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. 
 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. 
 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 as determined by a certified physician, or as approved by the Plan
Administrator, or is eligible for and receives a disability benefit under Title II of the Federal Social Security Act. 

Trust Agreement means an agreement or agreements 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 or any other investment arrangement. 

Trust Fund means the total funds held under an applicable Trust Agreement. The term Trust Fund when used within a Trust Agreement
shall mean only the funds held under that Trust Agreement. 
 Trustee means the party or parties named in the applicable
Trust Agreement. 
 Valuation Date means the date on which the value of the assets of the Investment Fund is determined.
The value of each Account that 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) and in a nondiscriminatory manner, 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 determined as follows: 

If the Participant’s Vesting Percentage for all Employer Contributions is 100%, his Vested Account equals his Account. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	17	 	ARTICLE I (4-52549)-2

 If the Participant’s Vesting Percentage for all Employer Contributions is not 100%, his
Vested Account equals the sum of (a) and (b) below: 
  

	 	(a)	The part of the Participant’s Account resulting from Employer Contributions made before a prior Forfeiture Date and all other Contributions that were 100% vested
when made. 

  

	 	(b)	The balance of the Participant’s Account in excess of the amount in (a) above multiplied by his Vesting Percentage. If his Vesting Percentages that apply to
such Employer Contributions are not equal, the balance of his Account resulting from all types of Employer Contributions subject to the same Vesting Percentage shall be multiplied by the applicable Vesting Percentage and each product added together
to determine this amount. 

 If the Participant has withdrawn any part of his Account resulting from Employer
Contributions, other than the vested Employer Contributions included in (a) above, and his Vesting Percentage with respect to such Contributions is less than 100%, the amount determined under this subparagraph (b) shall be equal to P(AB +
D) - D as defined below: 
  

	 	P	The Participant’s Vesting Percentage. 

  

	 	AB	The balance of the Participant’s Account in excess of the amount in (a) above. 

 

	 	D	The amount of the withdrawal resulting from Employer Contributions, other than the vested Employer Contributions included in (a) above. 

If the amount determined in this (b) is determined using different Vesting Percentages, this formula shall apply separately to the
calculation done for the balance of his Account resulting from all types of Employer Contributions subject to the same Vesting Percentage, including only the balance of his Account in excess of the amount in (a) above resulting from Employer
Contributions subject to the same Vesting Percentage and the amount of the withdrawal resulting from such Employer Contributions. This calculation is not required if the Vesting Percentage is 100%. 

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 August 1, 1999. 

Vesting Percentage means the percentage used to determine the nonforfeitable portion of a Participant’s Account attributable
to Employer Contributions that were not 100% vested when made. 
 For purposes of Employer Contributions other than Matching
Contributions, a Participant’s Vesting Percentage is shown in the following schedule opposite the number of whole years of his Vesting Service. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	18	 	ARTICLE I (4-52549)-2

			
	 VESTING SERVICE
         (whole years)
	  	VESTING
PERCENTAGE
	 Less than 1
	  	0
	 1
	  	25
	 2
	  	50
	 3
	  	75
	 4 or more
	  	100

 For purposes of
Matching 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 2
	  	0
	 2
	  	50
	 3
	  	75
	 4 or more
	  	100

 The Vesting Percentage
for a Participant who is an Employee on or after the date he reaches Normal Retirement Age shall be 100%. The Vesting Percentage for a Participant who is an Employee on the date he dies shall be 100%. Beginning January 1, 2007, the Vesting
Percentage for a Participant who dies while performing Qualified Military Service shall be 100%. The Vesting Percentage for a Participant who is an Employee on the date he becomes disabled shall be 100% if such disability is subsequently determined
to meet the definition of Totally and Permanently Disabled. Beginning January 1, 2007, the Vesting Percentage for a Participant who becomes disabled while performing Qualified Military Service and such disability is determined to meet the
definition of Totally and Permanently Disabled 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: 
 Service with a Predecessor Employer that did not maintain this Plan included: 
 An
Employee’s service with a Predecessor Employer that did not maintain this Plan shall be included as service with the Employer. An Employee’s service with such Predecessor Employer shall be counted only if service continued with the
Employer without interruption. This service includes service performed while a proprietor or partner. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	19	 	ARTICLE I (4-52549)-2

 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 August 1, 1999, and each following January 1. 

Years of Service means an Employee’s Vesting Service disregarding any modifications that exclude service. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	20	 	ARTICLE I (4-52549)-2

 ARTICLE II 

PARTICIPATION 
 SECTION
2.01—ACTIVE PARTICIPANT. 
  

	 	(a)	For purposes of Elective Deferral Contributions and Matching Contributions, an Employee shall first become an Active Participant (begin active participation in the
Plan) on the earliest Quarterly 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 for purposes of such Contributions. 

 

	 	(1)	He has completed six months of Eligibility Service before his Entry Date. 

  

	 	(2)	He is age 21 or older. 

 For
purposes of Contributions other than Elective Deferral Contributions or Matching Contributions, an Employee shall first become an Active Participant (begin active participation in the Plan) on the earliest Quarterly 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 for purposes of such Contributions. 
  

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

  

	 	(2)	He is age 21 or older. 

 A
Participant’s earliest Entry Date shall be used to determine if he is an Active Participant for purposes of any minimum contribution or allocation under the MODIFICATION OF CONTRIBUTIONS SECTION of Article XI. 

Each Employee who was an Active Participant for purposes of specified Contributions on December 31, 2009, shall continue to be an
Active Participant for purposes of the specified Contributions if he is still an Eligible Employee on January 1, 2010, and his Entry Date shall not change. 
 Employees will be credited with service with a Predecessor Employer for purposes of determining their Eligibility Service and this will be credited on the date they become Employees. If an Eligible
Employee had attained age 21 and completed six months of service with the Predecessor Employer before becoming an Employee, the Employee will become an Active Participant for purposes of Elective Deferral Contributions and Matching Contributions
immediately upon becoming an Employee and this will be the Employee’s Entry Date for such Contributions. If an Eligible Employee had attained age 21 and completed one year of service with the Predecessor Employer before becoming an Employee,
the Employee will become an Active Participant for purposes of Contributions other than Elective Deferral Contributions or Matching Contributions immediately upon becoming an Employee and this will be the Employee’s Entry Date for such
Contributions. If the Employee had not attained age 21 and met the applicable service requirement with the Predecessor Employer, the Employee will become an Active Participant in accordance with the first two paragraphs of this subparagraph (a).

  

					
	RESTATEMENT JANUARY 1, 2010	 	21	 	ARTICLE II (4-52549)-2

 If a person has been an Eligible Employee who has met all of the eligibility requirements
for purposes of specified Contributions above, but is not an Eligible Employee on the date that would have been his Entry Date for purposes of such Contributions, he shall become an Active Participant for purposes of such Contributions on the date
he again becomes an Eligible Employee. This date is his Entry Date for purposes of such Contributions. 
 In the event an
Employee who is not an Eligible Employee becomes an Eligible Employee, such Eligible Employee shall become an Active Participant for purposes of specified Contributions immediately if such Eligible Employee has satisfied the eligibility requirements
for purposes of such Contributions above and would have otherwise previously become an Active Participant for purpose of such Contributions had he met the definition of Eligible Employee. This date is his Entry Date for purposes of such
Contributions. 
  

	 	(b)	An Inactive Participant shall again become an Active Participant (resume active participation in the Plan) for purposes of the Contributions for which he previously had
an Entry Date on the date he again performs an Hour of Service as an Eligible Employee. This date is his Reentry Date for such Contributions. 

 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) for purposes of the Contributions for which he previously had an
Entry Date on the date he again performs an Hour of Service as an Eligible Employee. This date is his Reentry Date for such Contributions. 

 There shall be no duplication of benefits for a Participant 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) on the earlier of the following: 
  

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

  

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

 An Employee or former Employee who was an Inactive Participant on December 31, 2009, shall continue to be an Inactive Participant on January 1, 2010. 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 or any subsequent documents. 

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, 2010	 	22	 	ARTICLE II (4-52549)-2

 SECTION 2.04—ADOPTING EMPLOYERS - SINGLE PLAN. 

Each of the Controlled Group members listed below or in the attached participation agreement is an Adopting Employer. Each Adopting
Employer participates with the Employer in this Plan. An Adopting Employer’s agreement to participate in this Plan shall be in writing. 
 The Employer has the right to amend the Plan. An Adopting Employer does not have the right to amend the Plan. 
 If the Adopting Employer did not maintain its plan before its date of adoption, its date of adoption shall be the Entry Date for any of its Employees who have met the requirements in the ACTIVE
PARTICIPANT SECTION of this article as of that date. Service with and Compensation from an Adopting Employer shall be included as service with and Compensation from the Employer. Transfer of employment, without interruption, between an Adopting
Employer and another Adopting Employer or the Employer shall not be considered an interruption of service. The Employer’s Fiscal Year defined in the DEFINITIONS SECTION of Article I shall be the Fiscal Year used in interpreting this Plan
for Adopting Employers. 
 Contributions made by an Adopting Employer shall be treated as Contributions made by the Employer.
Forfeitures arising from those Contributions shall be used for the benefit of all Participants. 
 An employer shall not be an
Adopting Employer if it ceases to be a Controlled Group member. Such an employer may continue a retirement plan for its Employees in the form of a separate document. This Plan shall be amended to delete a former Adopting Employer from the list
below. 
 If (i) an employer ceases to be an Adopting Employer or the Plan is amended to delete an Adopting Employer and
(ii) the Adopting Employer does not continue a retirement plan for the benefit of its Employees, partial termination may result and the provisions of Article VIII shall apply. 

ADOPTING EMPLOYERS 
 NAME

 1323342 Alberta ULC 
 1323352 Alberta
ULC 
 1323410 Alberta ULC 
 A-Reliable
Auto Parts & Wreckers, Inc. 
 Accu-Parts, LLC 
 Akron Airport Properties, Inc. 
 B&D Automotive International, Inc. 

Bodymaster Auto Parts, Inc. 
 Bodymaster Auto
Parts Supply, Inc. 
 Budget Auto Parts U-Pull-It, Inc. 
 Car Body Concepts, Inc. 
 Chambers Parts Distributors 

Damron Holding Company, LLC 
 DAP Trucking, LLC

 Distribuidora Hermanos Copher Internacional, SA 
 Double R Auto Sales, Inc. 
 Fenders and More, Inc. 

Fit-Rite Body Parts, Inc. 
 FM Acquisition
Corporation 

  

					
	RESTATEMENT JANUARY 1, 2010	 	23	 	ARTICLE II (4-52549)-2

 Global Trade Alliance, Inc. 
 Hermanos Copher Internacional, SA 
 Inteuro Parts Distributors, Inc. 

Keystone Automotive de Mexico, Sociedad de Responsabilidad Limitada de Capital Variable 
 Keystone Automotive Industries, Inc. 
 Keystone Automotive Industries BC, Inc. 

Keystone Automotive Industries CDN, Inc. 

Keystone Automotive Industries MN, Inc. 

Keystone Automotive Industries Nevada, Inc. 

Keystone Automotive Industries OH, Inc. 

Keystone Automotive Industries ON, Inc. 

Keystone Automotive Industries QC, Inc. 

Keystone Automotive Industries Resources, Inc. 

Keystone Automotive Industries TN, Inc. 
 LKQ 1st
Choice Auto Parts, LLC 
 LKQ 250 Auto, Inc. 
 LKQ A&R Auto Parts, Inc. 
 LKQ All Models Corp. 

LKQ Apex Auto Parts, Inc. 
 LKQ Atlanta, L.P.

 LKQ Auto Parts of Central California, Inc. 
 LKQ Auto Parts of Memphis, Inc. 
 LKQ Auto Parts of North Texas, Inc. 

LKQ Auto Parts of North Texas, L.P. 
 LKQ Auto
Parts of Orlando, LLC 
 LKQ Auto Parts of Utah, LLC 
 LKQ Best Automotive Corp. 
 LKQ Birmingham, Inc. 

LKQ Brad’s Auto & Truck Parts, Inc. 

LKQ Boadway Auto Parts, Inc. 
 LKQ Copher Self
Service Auto Parts-Bradenton Inc. 
 LKQ Copher Self Service Auto Parts-Clearwater Inc. 
 LKQ Copher Self Service Auto Parts-St. Petersburg Inc. 
 LKQ Copher Self Service Auto Parts-Tampa
Inc. 
 LKQ Crystal River, Inc. 
 LKQ
Delaware LLP 
 LKQ Dominion Auto Recycling, Inc. 
 LKQ Foster Auto Parts, Inc. 
 LKQ Foster Auto Parts Salem, Inc. 

LKQ Foster Auto Parts Westside LLC 
 LKQ Gorham
Auto Parts Corp. 
 LKQ Great Lakes Corp. 
 LKQ Heavy Truck-Texas Best Diesel LP 
 LKQ Holding Co. 

LKQ Hunts Point Auto Parts Corp. 
 LKQ Lakenor
Auto & Truck Salvage, Inc. 
 LKQ Management Company 
 LKQ Metro, Inc. 
 LKQ Mid-America Auto Parts, Inc. 

LKQ Midwest Auto Parts Corp. 
 LKQ Minnesota,
Inc. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	24	 	ARTICLE II (4-52549)-2

 LKQ of Indiana, Inc. 
 LKQ of Michigan, Inc. 
 LKQ of Nevada, Inc. 

LKQ of Tennessee, Inc. 
 LKQ Online Corp.

 LKQ Ontario LP 
 LKQ Penn-Mar, Inc.

 LKQ Pintendre Auto, Inc. 
 LKQ Pull N
Save Auto Parts of Aurora LLC 
 LKQ Raleigh Auto Parts Corp. 
 LKQ Route 16 Used Auto Parts, Inc. 
 LKQ Salisbury, Inc. 

LKQ Savannah, Inc. 
 LKQ Self Service Auto
Parts-Memphis LLC 
 LKQ Self Service Auto Parts-Tulsa, Inc. 
 LKQ Self Service Auto Parts-Holland, Inc. 
 LKQ Self Service Auto Parts-Kalamazoo, Inc. 

LKQ Smart Parts, Inc. 
 LKQ Triplett ASAP, Inc.

 LKQ U-Pull-It Damascus, Inc. 
 LKQ
U-Pull-It Tigard, Inc. 
 LKQ West Michigan Auto Parts, Inc. 
 Michael Auto Parts, Incorporated 
 Mid-State Aftermarket Body Parts, Inc. 

Northern Light Refinishing Inc. 
 Pennsylvania
Collision Parts LLC 
 Potomac German Auto South, Inc. 
 Potomac German Auto, Inc. 
 Quality Body Parts, Inc. 

Redding Auto Center, Inc. 
 Scrap Processors, LLC

 Speedway Pull-N-Save Auto Parts, LLC 

Supreme Auto Parts, Inc. 
 Transmetco Corporation

 Transwheel Corporation 
 U-Pull-It,
Inc. 
 U-Pull-It, North, LLC 
 Additional Adopting Employers shall be listed according to the participation agreements as provided by the Employer. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	25	 	ARTICLE II (4-52549)-2

 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. Such Contributions shall be equal to the Employer Contributions as described below: 

 

	 	(a)	The amount of each Elective Deferral Contribution for an Active Participant or an Employee who has had a Severance from Employment, who was a Participant, and who is
still receiving Compensation from the Employer, shall be equal to a portion of Compensation as specified in the elective deferral agreement. An Employee who is eligible to participate in the Plan for purposes of Elective Deferral Contributions may
file an elective deferral agreement with the Employer. The Participant shall modify or terminate the elective deferral agreement by filing a new elective deferral agreement. The elective deferral agreement may not be made retroactively and shall
remain in effect until modified or terminated. 

 The elective deferral agreement to start or modify Elective
Deferral Contributions shall be effective as soon as administratively feasible on or after the Participant’s Entry Date (Reentry Date, if applicable) or any following date. The elective deferral agreement must be entered into on or before the
date it is effective. 
 The elective deferral agreement to stop Elective Deferral Contributions may be entered into on any date.
Such elective deferral agreement shall be effective as soon as administratively feasible following the date on which the elective deferral agreement is entered into. 
 Elective Deferral Contributions more than 50% of Compensation. A Participant who is eligible to make Catch-up Contributions shall not be limited to the maximum deferral percentage unless his Elective
Deferral Contributions, including Catch-up Contributions, exceed this limit plus the dollar amount of Catch-up Contributions permitted. 
 Any Participant who is also a participant in the LKQ Corporation 401(k) Plus Plan (the “401(k) Plus Plan”) may elect to have Elective Deferral Contributions made to the Plan for a Plan Year in
such amounts as are permitted in accordance with the limitations of the EXCESS AMOUNTS SECTION of this article. The contributions shall be made at such time as the amount specified in the 401(k) Plus Plan Participation Agreement shall be considered
compensation in accordance with the terms of the 401(k) Plus Plan. 
 A Participant who is age 50 or older by the end of the
taxable year shall be eligible to make Catch-up Contributions. 
 No Participant shall be permitted to have Elective Deferral
Contributions, as defined in the EXCESS AMOUNTS SECTION of this article, made under this Plan, or any other plan, contract, or arrangement maintained by the Employer, during any calendar year, in excess of the dollar limitation contained in Code
Section 402(g) in effect for the Participant’s taxable year beginning in such calendar year. The dollar limitation in the preceding sentence shall be increased by the dollar limit on Catch-up Contributions under Code
Section 414(v)(2)(B)(i) for the taxable year for any Participant who will be age 50 or older by the end of the taxable year. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	26	 	ARTICLE III (4-52549)-2

 The dollar limitation contained in Code Section 402(g) is $10,500 for taxable years
beginning in 2000 and 2001, increasing to $11,000 for taxable years beginning in 2002, and increasing by $1,000 for each year thereafter up to $15,000 for taxable years beginning in 2006 and later years. After 2006, the $15,000 limit will be
adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 402(g)(4). Any such adjustments will be in multiples of $500. 
 Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on
Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000
limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500. 
 An elective deferral agreement (or change thereto) must be made in such manner and in accordance with such rules as the Employer may prescribe in a nondiscriminatory manner (including by means of voice
response or other electronic system under circumstances the Employer permits) and may not be made retroactively. 
 Elective
Deferral Contributions are 100% vested and nonforfeitable. 
  

	 	(b)	The Employer shall make Matching Contributions in an amount not to exceed 50% of Elective Deferral Contributions. Elective Deferral Contributions that are over 6% of
Compensation won’t be matched. 

 Matching Contributions are calculated based on Elective Deferral
Contributions and Compensation for the payroll period. Matching Contributions are made for all persons who were Active Participants at any time during that payroll period. 
 Elective Deferral Contributions that are Catch-up Contributions shall be matched. 

Matching Contributions are subject to the Vesting Percentage. 

 

	 	(c)	Qualified Nonelective Contributions may be made for each Plan Year in an amount determined by the Employer. 

Qualified Nonelective Contributions are 100% vested and are distributable only in accordance with the distribution provisions (other than
for hardships) applicable to Elective Deferral Contributions. 
  

	 	(d)	Discretionary Contributions may be made for each Plan Year in an amount determined by the Employer. 

Discretionary Contributions are subject to the Vesting Percentage. 

Employer Contributions are allocated according to the provisions of the ALLOCATION SECTION of this article. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	27	 	ARTICLE III (4-52549)-2

 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 in 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 Inactive Participant if the following conditions are met: 

 

	 	(a)	The Contribution is a Participant Rollover Contribution or a direct rollover of a distribution made after December 31, 2001 from the types of plans specified
below. 

 Direct Rollovers. The Plan will accept a direct rollover of an Eligible Rollover Distribution from
(i) a qualified plan described in Code Section 401(a) or 403(a), including after-tax employee contributions and excluding any portion of a designated Roth account; (ii) an annuity contract described in Code Section 403(b),
including after-tax employee contributions and excluding any portion of a designated Roth account; and (iii) an eligible plan under Code Section 457(b) which is maintained by a state, political subdivision of a state, or any agency or
instrumentality of a state or political subdivision of a state. 
 Participant Rollover Contributions from Other Plans.
The Plan will accept a Participant contribution of an Eligible Rollover Distribution from (i) a qualified plan described in Code Section 401(a) or 403(a), excluding distributions of a designated Roth account; (ii) an annuity contract
described in Code Section 403(b), excluding distributions of a designated Roth account; and (iii) an eligible plan under Code Section 457(b) which is maintained by a state, political subdivision of a state, or any agency or
instrumentality of a state or political subdivision of a state. 
 Participant Rollover Contributions from IRAs. The Plan
will accept a Participant Rollover Contribution of the portion of a distribution from an individual retirement account or individual retirement annuity described in Code Section 408(a) or (b) that is eligible to be rolled over and would
otherwise be includible in the Participant’s gross income. 
  

	 	(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 Code Section 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. 

  

	 	(e)	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.

  

					
	RESTATEMENT JANUARY 1, 2010	 	28	 	ARTICLE III (4-52549)-2

 A Rollover Contribution shall be allowed in cash only and must be made according to
procedures set up by the Plan Administrator. 
 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 100% vested and nonforfeitable at all times. Separate accounting records shall be maintained for those parts
of his Rollover Contributions consisting of (i) voluntary contributions which were deducted from the Participant’s gross income for Federal income tax purposes and (ii) after-tax employee contributions, including the portion that
would not have been includible in the Participant’s gross income if the contributions were not rolled over into this Plan. 
 SECTION
3.02—FORFEITURES. 
 The Nonvested Account of a Participant shall be forfeited as of the earlier of the following:

  

	 	(a)	the date the record keeper is notified that the Participant died (if prior to such date he has had a Severance from Employment), 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 has a Severance from Employment, 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, 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. If Employer Contributions are subject to different Vesting
Percentages, the amount to be forfeited for a distribution of less than his entire Vested Account shall be determined separately for the portion of his Account resulting from all Employer Contributions subject to the same Vesting Percentage. If a
Participant receives a distribution of his Vested Account from Employer Contributions, but less than his entire Vested Account, the amount to be forfeited shall be determined by multiplying his Nonvested Account from Employer Contributions subject
to the same Vesting Percentage by a fraction. The numerator of the fraction is the amount of the distribution derived from Employer Contributions subject to the same Vesting Percentage and the denominator of the fraction is his entire Vested Account
derived from such Contributions on the date of the distribution. 
 A Forfeiture shall also occur as provided in the EXCESS
AMOUNTS SECTION of this article. 
 Forfeitures shall be determined at least once during each Plan Year. Forfeitures may first
be used to pay administrative expenses. Forfeitures of Matching Contributions that relate to excess amounts as provided in the EXCESS AMOUNTS SECTION of this article, that have not been used to pay administrative expenses, shall be applied to reduce
the earliest Employer Contributions made after the Forfeitures are determined. Any other Forfeitures that have not been used to pay administrative expenses shall be applied to reduce the earliest Employer Contributions made after the Forfeitures are
determined. Upon their application to reduce Employer Contributions, Forfeitures shall be deemed to be Employer Contributions. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	29	 	ARTICLE III (4-52549)-2

 If a Participant again becomes an Eligible Employee after receiving a distribution which
caused all of his Nonvested Account to be forfeited, he shall have the right to repay to the Plan the entire amount of the distribution he received (excluding the portion of the distribution attibutable to Rollover Contributions). 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 of his entire Vested Account. 
 If the Participant makes the repayment above, the Plan
Administrator shall restore to his Account an amount equal to his Nonvested Account that was forfeited on the date of distribution, unadjusted for any investment gains or losses. If no amount is to be repaid because the Participant was deemed to
have received a distribution 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 the 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. The permissible sources for 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 is an Active Participant on the last day of the Plan Year and has at least 1,000 Hours of Service during the latest Accrual Computation
Period ending on or before that date. A person shall also meet the requirements of this section if he was an Active Participant at any time during the Plan Year and reaches his Normal Retirement Date, becomes disabled (and such disability is
determined to meet the definition of Totally and Permanently Disabled), or dies. Beginning January 1, 2007, a person who dies or becomes disabled (and such disability is determined to meet the definition of Totally and Permanently Disabled)
while performing Qualified Military Service shall also meet the requirements of this section if he is a Participant at any time during the Plan Year. 
 An Employee’s service with a Predecessor Employer that did not maintain this Plan shall be included as service with the Employer for the purpose of determining his Hours of Service to be eligible for
an allocation. An Employee’s service with such Predecessor Employer shall be counted only if service continued with the Employer without interruption. This service includes service performed while a proprietor or partner. 

Elective Deferral Contributions shall be allocated to the Participants for whom such Contributions are made under the EMPLOYER
CONTRIBUTIONS SECTION of this article. Such Contributions shall be allocated when made and credited to the Participant’s Account. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	30	 	ARTICLE III (4-52549)-2

 Matching Contributions shall be allocated to the persons for whom such Contributions are
made under the EMPLOYER CONTRIBUTIONS SECTION of this article. Such Contributions shall be allocated when made and credited to the person’s Account. 
 Qualified Nonelective Contributions shall be allocated as of the last day of the Plan Year to each person who was an Active Participant at any time during the Plan Year. Such Qualified Nonelective
Contributions shall be allocated only to Nonhighly Compensated Employees. The amount allocated to such person for the Plan Year shall be equal to such Qualified Nonelective Contributions multiplied by the ratio of such person’s Annual
Compensation for the Plan Year to the total Annual Compensation of all such persons. This amount shall be credited to the person’s Account. 
 Discretionary Contributions shall be allocated as of the last day of the Plan Year, using Annual Compensation for the Plan Year. 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 shall
be made to each person meeting the allocation requirements of this section and each person entitled to a minimum contribution under the MODIFICATION OF CONTRIBUTIONS SECTION of Article XI. In all other years, the allocation shall be made to
each person meeting the allocation requirements of this section. The amount allocated shall be equal to the Discretionary Contributions multiplied by the ratio of such person’s Annual Compensation to the total Annual Compensation for all such
persons. 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. 
 In years in which the Plan is a Top-heavy Plan, 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, and the allocation described above (or any subsequent allocation described below) would provide an allocation for any person less than the minimum contribution required for such person in the MODIFICATION OF
CONTRIBUTIONS SECTION of Article XI, such minimum contribution shall first be allocated to all such persons. Then any amount remaining shall be allocated to the remaining persons sharing in the allocation based on Annual Compensation as
described above, as if they were the only persons sharing in the allocation for the Plan Year. 
 This amount shall be credited
to the person’s Account. 
 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 that 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. 

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:

  

					
	RESTATEMENT JANUARY 1, 2010	 	31	 	ARTICLE III (4-52549)-2

	 	(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;

  

	 	(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 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; 

 

	 	(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 

  

					
	RESTATEMENT JANUARY 1, 2010	 	32	 	ARTICLE III (4-52549)-2

	 	(5)	other items of remuneration that are similar to any of the items listed in (1) through (4) above. 

For any Self-employed Individual, Compensation shall mean 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. 
 For Limitation Years beginning on or after July 1, 2007,
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. 
 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 (as that term is used in 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. 
 Beginning January 1,
2009, Compensation shall include Differential Wage Payments. 
 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. 
 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	33	 	ARTICLE III (4-52549)-2

 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 ending on the last
day of each Plan Year, including corresponding consecutive 12-month periods before August 1, 1999. 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(l); 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. 
 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	34	 	ARTICLE III (4-52549)-2

 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. 

 

	 	(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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	35	 	ARTICLE III (4-52549)-2

	 	(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. 

SECTION 3.05—EXCESS AMOUNTS. 
  

	 	(a)	Definitions. For purposes of this section, the following terms are defined: 

ACP means, for a specified group of Participants (either Highly Compensated Employees or Nonhighly Compensated Employees) for a
Plan Year, the average (expressed as a percentage) of the Contribution Percentages of the Eligible Participants in the group. 

ADP means, for a specified group of Participants (either Highly Compensated Employees or Nonhighly Compensated Employees) for a
Plan Year, the average (expressed as a percentage) of the Deferral Percentages of the Eligible Participants in the group. 

Catch-up Contributions means Elective Deferral Contributions made to a plan that are in excess of an otherwise applicable plan
limit and that are made by participants who are age 50 or older by the end of the taxable year. An otherwise applicable plan limit is a limit in the plan that applies to Elective Deferral Contributions without regard to Catch-up Contributions, such
as the limits on the maximum annual additions under Code Section 415, the dollar limitation on Elective Deferral Contributions under Code Section 402(g) (not counting Catch-up Contributions), and the limit imposed by the nondiscrimination
test described in Code Section 401(k)(3). 
 Contribution Percentage means the ratio (expressed as a percentage) of
the Eligible Participant’s Contribution Percentage Amounts to the Eligible Participant’s Compensation (excluding Differential Wage Payments paid on or after January 1, 2009) for the Plan Year (whether or not the Eligible Participant
was an Eligible Participant for the entire Plan Year). For an Eligible Participant for whom such Contribution Percentage Amounts for the Plan Year are zero, the percentage is zero. 

Contribution Percentage Amounts means the sum of the Participant Contributions (excluding Participant Contributions withheld from
Differential Wage Payments paid on or after January 1, 2009) and Matching Contributions (excluding Matching Contributions based on Elective Deferral Contributions and Participant Contributions withheld from Differential Wage Payments paid on or
after January 1, 2009) made under the plan on behalf of the Eligible Participant for the plan year. For plan years beginning on or after January 1, 2006, Matching Contributions cannot be taken

  

					
	RESTATEMENT JANUARY 1, 2010	 	36	 	ARTICLE III (4-52549)-2

 
into account for a plan year for a Nonhighly Compensated Employee to the extent they are disproportionate matching contributions as defined in section 1.401(m)-2(a)(5)(ii) of the regulations.
Such Contribution Percentage Amounts shall not include Matching Contributions that are forfeited either to correct Excess Aggregate Contributions or because the contributions to which they relate are Excess Elective Deferrals, Excess Contributions,
or Excess Aggregate Contributions. Under such rules as the Secretary of the Treasury shall prescribe, in determining the Contribution Percentage the Employer may elect to include Qualified Nonelective Contributions under this Plan that were not used
in computing the Deferral Percentage. For plan years beginning on or after January 1, 2006, Qualified Nonelective Contributions cannot be taken into account for a plan year for a Nonhighly Compensated Employee to the extent they are
disproportionate contributions as defined in section 1.401(m)-2(a)(6)(v) of the regulations. The Employer may also elect to use Elective Deferral Contributions in computing the Contribution Percentage so long as the ADP Test is met before the
Elective Deferral Contributions are used in the ACP Test and continues to be met following the exclusion of those Elective Deferral Contributions that are used to meet the ACP Test. 

Deferral Percentage means the ratio (expressed as a percentage) of Elective Deferral Contributions (other than Catch-up
Contributions and Elective Deferral Contributions withheld from Differential Wage Payments paid on or after January 1, 2009) under this Plan on behalf of the Eligible Participant for the Plan Year to the Eligible Participant’s Compensation
(excluding Differential Wage Payments paid on or after January 1, 2009) for the Plan Year (whether or not the Eligible Participant was an Eligible Participant for the entire Plan Year). The Elective Deferral Contributions used to determine the
Deferral Percentage shall include Excess Elective Deferrals (other than Excess Elective Deferrals of Nonhighly Compensated Employees that arise solely from Elective Deferral Contributions made under this Plan or any other plans of the Employer or a
Controlled Group member), but shall exclude Elective Deferral Contributions that are used in computing the Contribution Percentage (provided the ADP Test is satisfied both with and without exclusion of these Elective Deferral Contributions). Under
such rules as the Secretary of the Treasury shall prescribe, the Employer may elect to include Qualified Nonelective Contributions and Qualified Matching Contributions under this Plan in computing the Deferral Percentage. For Plan Years beginning on
or after January 1, 2006, Qualified Matching Contributions cannot be taken into account for a Plan Year for a Nonhighly Compensated Employee to the extent they are disproportionate matching contributions as defined in section
1.401(m)-2(a)(5)(ii) of the regulations. For Plan Years beginning on or after January 1, 2006, Qualified Nonelective Contributions cannot be taken into account for a Plan Year for a Nonhighly Compensated Employee to the extent they are
disproportionate contributions as defined in section 1.401(k)-2(a)(6)(iv) of the regulations. For an Eligible Participant for whom such contributions on his behalf for the Plan Year are zero, the percentage is zero. 

Elective Deferral Contributions means any employer contributions made to a plan at the election of a participant in lieu of cash
compensation. With respect to any taxable year, a participant’s Elective Deferral Contributions are the sum of all employer contributions made on behalf of such participant pursuant to an election to defer under any qualified cash or deferred
arrangement described in Code Section 401(k), any salary reduction simplified employee pension plan described in Code Section 408(k)(6), any SIMPLE IRA plan described in Code Section 408(p), any plan described under Code
Section 501(c)(18), and any employer contributions made on behalf of a participant for the purchase of an annuity contract under Code Section 403(b) pursuant to a salary reduction agreement. For taxable years beginning after
December 31, 2005, Elective Deferral Contributions include Pre-tax Elective Deferral Contributions and Roth Elective Deferral Contributions. Elective Deferral Contributions shall not include any deferrals properly distributed as excess annual
additions. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	37	 	ARTICLE III (4-52549)-2

 Eligible Participant means, for purposes of determining the Deferral Percentage, any
Employee who is otherwise entitled to make Elective Deferral Contributions under the terms of the plan for the plan year. Eligible Participant means, for purposes of determining the Contribution Percentage, any Employee who is eligible (i) to
make a Participant Contribution or an Elective Deferral Contribution (if the Employer takes such contributions into account in the calculation of the Contribution Percentage), or (ii) to receive a Matching Contribution (including forfeitures)
or a Qualified Matching Contribution. If a Participant Contribution is required as a condition of participation in the plan, any Employee who would be a participant in the plan if such Employee made such a contribution shall be treated as an
Eligible Participant on behalf of whom no Participant Contributions are made. 
 Excess Aggregate Contributions means,
with respect to any Plan Year, the excess of: 
  

	 	(1)	The aggregate Contribution Percentage Amounts taken into account in computing the numerator of the Contribution Percentage actually made on behalf of Highly Compensated
Employees for such Plan Year, over 

  

	 	(2)	The maximum Contribution Percentage Amounts permitted by the ACP Test (determined by hypothetically reducing contributions made on behalf of Highly Compensated
Employees in order of their Contribution Percentages beginning with the highest of such percentages). 

 Such
determination shall be made after first determining Excess Elective Deferrals and then determining Excess Contributions. 

Excess Contributions means, with respect to any Plan Year, the excess of: 

 

	 	(1)	The aggregate amount of employer contributions actually taken into account in computing the Deferral Percentage of Highly Compensated Employees for such Plan Year, over

  

	 	(2)	The maximum amount of such contributions permitted by the ADP Test (determined by hypothetically reducing contributions made on behalf of Highly Compensated Employees
in the order of the Deferral Percentages, beginning with the highest of such percentages). 

 Such determination
shall be made after first determining Excess Elective Deferrals. 
 Excess Elective Deferrals means those Elective
Deferral Contributions of a Participant that either (i) are made during the Participant’s taxable year and exceed the dollar limitation under Code Section 402(g) or (ii) are made during a calendar year and exceed the dollar
limitation under Code Section 402(g) for the Participant’s taxable year beginning in such calendar year, counting only Elective Deferral Contributions made under this Plan and any other plan, contract, or arrangement maintained by the
Employer. The dollar limitation shall be increased by the dollar limit on Catch-up Contributions under Code Section 414(v), if applicable. 
 Excess Elective Deferrals shall be treated as Annual Additions, as defined in the CONTRIBUTION LIMITATION SECTION of this article, under the Plan, unless such amounts are distributed no later than the
first April 15 following the close of the Participant’s taxable year. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	38	 	ARTICLE III (4-52549)-2

 Matching Contributions means employer contributions made to this or any other defined
contribution plan, or to a contract described in Code Section 403(b), on behalf of a participant on account of a Participant Contribution made by such participant, or on account of a participant’s Elective Deferral Contributions, under a
plan maintained by the Employer or a Controlled Group member. 
 Participant Contributions means contributions (other than
Roth Elective Deferral Contributions) made to the plan by or on behalf of a participant that are included in the participant’s gross income in the year in which made and that are maintained under a separate account to which the earnings and
losses are allocated. 
 Pre-tax Elective Deferral Contributions means a participant’s Elective Deferral
Contributions that are not includible in the participant’s gross income at the time deferred. 
 Qualified Matching
Contributions means Matching Contributions that are nonforfeitable when made to the plan and that are distributable only in accordance with the distribution provisions (other than for hardships) applicable to Elective Deferral Contributions.

 Qualified Nonelective Contributions means any employer contributions (other than Matching Contributions) that an
Employee may not elect to have paid to him in cash instead of being contributed to the plan and that are nonforfeitable when made to the plan and that are distributable only in accordance with the distribution provisions (other than for hardships)
applicable to Elective Deferral Contributions. 
 Roth Elective Deferral Contributions means a participant’s Elective
Deferral Contributions that are not excludible from the participant’s gross income at the time deferred and have been irrevocably designated as Roth Elective Deferral Contributions by the participant in his elective deferral agreement. Whether
an Elective Deferral Contribution is not excludible from a participant’s gross income will be determined in accordance with section 1.401(k)-1(f)(2) of the regulations. In the case of a self-employed individual, an Elective Deferral
Contribution is not excludible from gross income only if the individual does not claim a deduction for such amount. 
  

	 	(b)	Excess Elective Deferrals. A Participant may assign to this Plan any Excess Elective Deferrals made during a taxable year of the Participant by notifying the
Plan Administrator in writing on or before the first following March 1 of the amount of the Excess Elective Deferrals to be assigned to the Plan. A Participant is deemed to notify the Plan Administrator of any Excess Elective Deferrals that
arise by taking into account only those Elective Deferral Contributions made to this Plan and any other plan, contract, or arrangement of the Employer or a Controlled Group member. The Participant’s claim for Excess Elective Deferrals shall be
accompanied by the Participant’s written statement that if such amounts are not distributed, such Excess Elective Deferrals will exceed the limit imposed on the Participant by Code Section 402(g) (including, if applicable, the dollar
limitation on Catch-up Contributions under Code Section 414(v)) for the year in which the deferral occurred. The Excess Elective Deferrals assigned to this Plan cannot exceed the Elective Deferral Contributions allocated under this Plan for
such taxable year. 

 Notwithstanding any other provisions of the Plan, Elective Deferral Contributions in an
amount equal to the Excess Elective Deferrals assigned to this Plan, plus any income and minus any loss allocable thereto, shall be distributed no later than April 15 to any Participant to whose Account Excess Elective Deferrals were assigned
for the preceding year and who claims Excess Elective Deferrals for such taxable year or calendar year. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	39	 	ARTICLE III (4-52549)-2

 The Excess Elective Deferrals shall be adjusted for any income or loss. The income or loss
allocable to such Excess Elective Deferrals shall be equal to the income or loss allocable to the Participant’s Elective Deferral Contributions for the taxable year in which the excess occurred multiplied by a fraction. The numerator of the
fraction is the Excess Elective Deferrals. The denominator of the fraction is the closing balance without regard to any income or loss occurring during such taxable year (as of the end of such taxable year) of the Participant’s Account
resulting from Elective Deferral Contributions. 
 For purposes of determining income or loss on Excess Elective Deferrals for
taxable years beginning on or after January 1, 2008, no adjustment shall be made for income or loss for the gap period. 

Any Matching Contributions that were based on the Elective Deferral Contributions distributed as Excess Elective Deferrals, plus any
income and minus any loss allocable thereto, shall be forfeited. 
  

	 	(c)	ADP Test. As of the end of each Plan Year after Excess Elective Deferrals have been determined, the Plan must satisfy the ADP Test. The ADP Test shall be
satisfied using the prior year testing method or the current year testing method, as elected by the Employer. 

  

	 	(1)	Prior Year Testing Method. The ADP for a Plan Year for Eligible Participants who are Highly Compensated Employees for each Plan Year and the prior year’s
ADP for Eligible Participants who were Nonhighly Compensated Employees for the prior Plan Year must satisfy one of the following tests: 

  

	 	(i)	The ADP for a Plan Year for Eligible Participants who are Highly Compensated Employees for the Plan Year shall not exceed the prior year’s ADP for Eligible
Participants who were Nonhighly Compensated Employees for the prior Plan Year multiplied by 1.25; or 

  

	 	(ii)	The ADP for a Plan Year for Eligible Participants who are Highly Compensated Employees for the Plan Year: 

 

	 	A.	shall not exceed the prior year’s ADP for Eligible Participants who were Nonhighly Compensated Employees for the prior Plan Year multiplied by 2, and

  

	 	B.	the difference between such ADPs is not more than 2. 

 If this is not a successor plan, for the first Plan Year the Plan permits any Participant to make Elective Deferral Contributions, for purposes of the foregoing tests, the prior year’s Nonhighly
Compensated Employees’ ADP shall be 3 percent or the Plan Year’s ADP for these Eligible Participants, as elected by the Employer. 
  

	 	(2)	Current Year Testing Method. The ADP for a Plan Year for Eligible Participants who are Highly Compensated Employees for each Plan Year and the ADP for Eligible
Participants who are Nonhighly Compensated Employees for the Plan Year must satisfy one of the following tests: 

  

	 	(i)	The ADP for a Plan Year for Eligible Participants who are Highly Compensated Employees for the Plan Year shall not exceed the ADP for Eligible Participants who are
Nonhighly Compensated Employees for the Plan Year multiplied by 1.25; or 

  

					
	RESTATEMENT JANUARY 1, 2010	 	40	 	ARTICLE III (4-52549)-2

	 	(ii)	The ADP for a Plan Year for Eligible Participants who are Highly Compensated Employees for the Plan Year: 

 

	 	A.	shall not exceed the ADP for Eligible Participants who are Nonhighly Compensated Employees for the Plan Year multiplied by 2, and 

 

	 	B.	the difference between such ADP’s is not more than 2. 

 If the Employer has elected to use the current year testing method, that election cannot be changed unless (i) the Plan has been using the current year testing method for the preceding five Plan
Years, or if less, the number of Plan Years the Plan has been in existence; or (ii) if as a result of a merger or acquisition described in Code Section 410(b)(6)(C)(i), the Employer maintains both a plan using the prior year testing method
and a plan using the current year testing method and the change is made within the transition period described in Code Section 410(b)(6)(C)(ii). 
 A Participant is a Highly Compensated Employee for a particular Plan Year if he meets the definition of a Highly Compensated Employee in effect for that Plan Year. Similarly, a Participant is a Nonhighly
Compensated Employee for a particular Plan Year if he does not meet the definition of a Highly Compensated Employee in effect for that Plan Year. 
 The Deferral Percentage for any Eligible Participant who is a Highly Compensated Employee for the Plan Year and who is eligible to have Elective Deferral Contributions (and Qualified Nonelective
Contributions or Qualified Matching Contributions, or both, if treated as Elective Deferral Contributions for purposes of the ADP Test) allocated to his account under two or more arrangements described in Code Section 401(k) that are maintained
by the Employer or a Controlled Group member shall be determined as if such Elective Deferral Contributions (and, if applicable, such Qualified Nonelective Contributions or Qualified Matching Contributions, or both) were made under a single
arrangement. For Plan Years beginning on or after January 1, 2006, if a Highly Compensated Employee participates in two or more cash or deferred arrangements of the Employer or of a Controlled Group member that have different plan years, all
Elective Deferral Contributions made during the Plan Year shall be aggregated. For Plan Years beginning before January 1, 2006, all such cash or deferred arrangements ending with or within the same calendar year shall be treated as a single
arrangement. The foregoing notwithstanding, certain plans shall be treated as separate if mandatorily disaggregated under the regulations of Code Section 401(k). 
 In the event this Plan satisfies the requirements of Code Section 401(k), 401(a)(4), or 410(b) only if aggregated with one or more other plans, or if one or more other plans satisfy the requirements
of such Code sections only if aggregated with this Plan, then this section shall be applied by determining the Deferral Percentage of Employees as if all such plans were a single plan. If more than 10 percent of the Employer’s Nonhighly
Compensated Employees are involved in a plan coverage change as defined in section 1.401(k)-2(c)(4) of the regulations, then any adjustments to the Nonhighly Compensated Employee ADP for the prior year shall be made in accordance with such
regulations if the Employer has elected to use the prior year testing method. Plans may be aggregated in order to satisfy Code Section 401(k) only if they have the same plan year and use the same testing method for the ADP Test. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	41	 	ARTICLE III (4-52549)-2

 For purposes of the ADP Test, Elective Deferral Contributions, Qualified Nonelective
Contributions, and Qualified Matching Contributions must be made before the end of the 12-month period immediately following the Plan Year to which the contributions relate. 
 If the Plan Administrator should determine during the Plan Year that the ADP Test is not being met, the Plan Administrator may limit the amount of future Elective Deferral Contributions of the Highly
Compensated Employees. 
 Notwithstanding any other provisions of this Plan, Excess Contributions, plus any income and minus any
loss allocable thereto, shall be distributed no later than 12 months after the last day of a Plan Year to Participants to whose Accounts such Excess Contributions were allocated for such Plan Year, except to the extent such Excess Contributions are
classified as Catch-up Contributions. Excess Contributions are allocated to the Highly Compensated Employees with the largest amounts of employer contributions taken into account in calculating the ADP Test for the year in which the excess arose,
beginning with the Highly Compensated Employee with the largest amount of such employer contributions and continuing in descending order until all of the Excess Contributions have been allocated. For Plan Years beginning on or after January 1,
2006, if a Highly Compensated Employee participates in two or more cash or deferred arrangements of the Employer or of a Controlled Group member, the amount distributed shall not exceed the amount of the employer contributions taken into account in
calculating the ADP test and made to this Plan for the year in which the excess arose. If Catch-up Contributions are allowed for the Plan Year being tested, to the extent a Highly Compensated Employee has not reached his Catch-up Contribution limit
under the Plan for such year, Excess Contributions allocated to such Highly Compensated Employee are Catch-up Contributions and will not be treated as Excess Contributions. If such excess amounts (other than Catch-up Contributions) are distributed
more than 2 1/2 months after the last day of the Plan Year in which such excess amounts arose, a 10 percent excise tax shall be imposed on the employer maintaining the plan with respect to such amounts. 

Excess Contributions shall be treated as Annual Additions, as defined in the CONTRIBUTION LIMITATION SECTION of this article, even if
distributed. 
 The Excess Contributions shall be adjusted for any income or loss. The income or loss allocable to such Excess
Contributions allocated to each Participant shall be equal to the income or loss allocable to the Participant’s Elective Deferral Contributions (and, if applicable, Qualified Nonelective Contributions or Qualified Matching Contributions, or
both) for the Plan Year in which the excess occurred multiplied by a fraction. The numerator of the fraction is the Excess Contributions. The denominator of the fraction is the closing balance without regard to any income or loss occurring during
such Plan Year (as of the end of such Plan Year) of the Participant’s Account resulting from Elective Deferral Contributions (and Qualified Nonelective Contributions or Qualified Matching Contributions, or both, if such contributions are
included in the ADP Test). 
 For purposes of determining income or loss on Excess Contributions for Plan Years beginning on or
after January 1, 2008, no adjustment shall be made for income or loss for the gap period. 
 Excess Contributions allocated
to a Participant shall be distributed from the Participant’s Account resulting from Elective Deferral Contributions. If such Excess Contributions exceed the amount of Excess Contributions in the Participant’s Account resulting from
Elective Deferral Contributions, the balance shall be distributed from the Participant’s Account resulting from Qualified Matching Contributions (if applicable) and Qualified Nonelective Contributions, respectively. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	42	 	ARTICLE III (4-52549)-2

 Any Matching Contributions that were based on the Elective Deferral Contributions
distributed as Excess Contributions, plus any income and minus any loss allocable thereto, shall be forfeited. 
  

	 	(d)	ACP Test. As of the end of each Plan Year, the Plan must satisfy the ACP Test. The ACP Test shall be satisfied using the prior year testing method or the current
year testing method, as elected by the Employer. 

  

	 	(1)	Prior Year Testing Method. The ACP for a Plan Year for Eligible Participants who are Highly Compensated Employees for each Plan Year and the prior year’s
ACP for Eligible Participants who were Nonhighly Compensated Employees for the prior Plan Year must satisfy one of the following tests: 

  

	 	(i)	The ACP for a Plan Year for Eligible Participants who are Highly Compensated Employees for the Plan Year shall not exceed the prior year’s ACP for Eligible
Participants who were Nonhighly Compensated Employees for the prior Plan Year multiplied by 1.25; or 

  

	 	(ii)	The ACP for a Plan Year for Eligible Participants who are Highly Compensated Employees for the Plan Year: 

 

	 	A.	shall not exceed the prior year’s ACP for Eligible Participants who were Nonhighly Compensated Employees for the prior Plan Year multiplied by 2, and

  

	 	B.	the difference between such ACPs is not more than 2. 

 If this is not a successor plan, for the first Plan Year the Plan permits any Participant to make Participant Contributions, provides for Matching Contributions, or both, for purposes of the foregoing
tests, the prior year’s Nonhighly Compensated Employees’ ACP shall be 3 percent or the Plan Year’s ACP for these Eligible Participants, as elected by the Employer. 

 

	 	(2)	Current Year Testing Method. The ACP for a Plan Year for Eligible Participants who are Highly Compensated Employees for each Plan Year and the ACP for Eligible
Participants who are Nonhighly Compensated Employees for the Plan Year must satisfy one of the following tests: 

  

	 	(i)	The ACP for a Plan Year for Eligible Participants who are Highly Compensated Employees for the Plan Year shall not exceed the ACP for Eligible Participants who are
Nonhighly Compensated Employees for the Plan Year multiplied by 1.25; or 

  

	 	(ii)	The ACP for a Plan Year for Eligible Participants who are Highly Compensated Employees for the Plan Year: 

 

	 	A.	shall not exceed the ACP for Eligible Participants who are Nonhighly Compensated Employees for the Plan Year multiplied by 2, and 

 

	 	B.	the difference between such ACPs is not more than 2. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	43	 	ARTICLE III (4-52549)-2

 If the Employer has elected to use the current year testing method, that election cannot be
changed unless (i) the Plan has been using the current year testing method for the preceding five Plan Years, or if less, the number of Plan Years the Plan has been in existence; or (ii) if as a result of a merger or acquisition described
in Code Section 410(b)(6)(C)(i), the Employer maintains both a plan using the prior year testing method and a plan using the current year testing method and the change is made within the transition period described in Code
Section 410(b)(6)(C)(ii). 
 A Participant is a Highly Compensated Employee for a particular Plan Year if he meets the
definition of a Highly Compensated Employee in effect for that Plan Year. Similarly, a Participant is a Nonhighly Compensated Employee for a particular Plan Year if he does not meet the definition of a Highly Compensated Employee in effect for that
Plan Year. 
 The Contribution Percentage for any Eligible Participant who is a Highly Compensated Employee for the Plan Year and
who is eligible to have Contribution Percentage Amounts allocated to his account under two or more plans described in Code Section 401(a) or arrangements described in Code Section 401(k) that are maintained by the Employer or a Controlled
Group member shall be determined as if the total of such Contribution Percentage Amounts was made under each plan and arrangement. For Plan Years beginning on or after January 1, 2006, if a Highly Compensated Employee participates in two or
more such plans or arrangements that have different plan years, all Contribution Percentage Amounts made during the Plan Year shall be aggregated. For Plan Years beginning before January 1, 2006, all such plans and arrangements ending with or
within the same calendar year shall be treated as a single plan or arrangement. The foregoing notwithstanding, certain plans shall be treated as separate if mandatorily disaggregated under the regulations of Code Section 401(m). 

In the event this Plan satisfies the requirements of Code Section 401(m), 401(a)(4), or 410(b) only if aggregated with one or more
other plans, or if one or more other plans satisfy the requirements of such Code sections only if aggregated with this Plan, then this section shall be applied by determining the Contribution Percentage of Employees as if all such plans were a
single plan. If more than 10 percent of the Employer’s Nonhighly Compensated Employees are involved in a plan coverage change as defined in section 1.401(m)-2(c)(4) of the regulations, then any adjustments to the Nonhighly Compensated Employee
ACP for the prior year shall be made in accordance with such regulations if the Employer has elected to use the prior year testing method. Plans may be aggregated in order to satisfy Code Section 401(m) only if they have the same plan year and
use the same testing method for the ACP Test. 
 For purposes of the ACP Test, Participant Contributions are considered to have
been made in the Plan Year in which contributed to the Plan. Matching Contributions and Qualified Nonelective Contributions will be considered to have been made for a Plan Year if made no later than the end of the 12-month period beginning on the
day after the close of the Plan Year. 
 Notwithstanding any other provisions of this Plan, Excess Aggregate Contributions, plus
any income and minus any loss allocable thereto, shall be forfeited, if not vested, or distributed, if vested, no later than 12 months after the last day of a Plan Year to Participants to whose Accounts such Excess Aggregate Contributions were
allocated for such Plan Year. Excess Aggregate Contributions are allocated to the Highly Compensated Employees with the largest Contribution Percentage Amounts taken into account in calculating the ACP Test for the year in which the excess arose,
beginning with the Highly Compensated Employee with the largest amount of such Contribution Percentage Amounts and continuing in descending order until all of the Excess Aggregate Contributions have been allocated. For Plan Years beginning on or
after 

  

					
	RESTATEMENT JANUARY 1, 2010	 	44	 	ARTICLE III (4-52549)-2

 
January 1, 2006, if a Highly Compensated Employee participates in two or more plans or arrangements of the Employer or of a Controlled Group member that include Contribution Percentage
Amounts, the amount distributed shall not exceed the Contribution Percentage Amounts taken into account in calculating the ACP Test and made to this Plan for the year in which the excess arose. If such Excess Aggregate Contributions are distributed
more than 2 1/2 months after the last day of the Plan Year in which such excess amounts arose, a 10 percent excise tax shall be imposed on the employer maintaining the plan with respect to such amounts. 

Excess Aggregate Contributions shall be treated as Annual Additions, as defined in the CONTRIBUTION LIMITATION SECTION of this article,
even if distributed. 
 The Excess Aggregate Contributions shall be adjusted for any income or loss. The income or loss allocable
to such Excess Aggregate Contributions allocated to each Participant shall be equal to the income or loss allocable to the Participant’s Contribution Percentage Amounts for the Plan Year in which the excess occurred multiplied by a fraction.
The numerator of the fraction is the Excess Aggregate Contributions. The denominator of the fraction is the closing balance without regard to any income or loss occurring during such Plan Year (as of the end of such Plan Year) of the
Participant’s Account resulting from Contribution Percentage Amounts. 
 For purposes of determining income or loss on
Excess Aggregate Contributions for Plan Years beginning on or after January 1, 2008, no adjustment shall be made for income or loss for the gap period. 
 Excess Aggregate Contributions allocated to a Participant shall be distributed from the Participant’s Account resulting from Participant Contributions that are not required as a condition of
employment or participation or for obtaining additional benefits from Employer Contributions. If such Excess Aggregate Contributions exceed the balance in the Participant’s Account resulting from such Participant Contributions, the balance
shall be forfeited, if not vested, or distributed, if vested, on a pro rata basis from the Participant’s Account resulting from Contribution Percentage Amounts. 
  

	 	(e)	Employer Elections. The Employer has made an election to use the prior year testing method. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	45	 	ARTICLE III (4-52549)-2

 ARTICLE IV 

INVESTMENT OF CONTRIBUTIONS 
 SECTION 4.01—INVESTMENT AND TIMING OF CONTRIBUTIONS. 
 The handling of
Contributions and Plan assets is governed by the provisions of the Trust Agreement and any other relevant document, such as an Annuity Contract (for the purposes of this paragraph alone, the Trust Agreement and such other documents will each be
referred to as a “document” or collectively as the “documents”), duly entered into by or with regard to the Plan that govern such matters. To the extent permitted by the documents, the parties named below shall direct the
Contributions for investment in any of the investment options or investment vehicles available to the Plan under or through the documents, and may request the transfer of amounts resulting from those Contributions between such investment options and
investment vehicles. A Participant may not direct the investment of all or any portion of his 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 the ability to provide investment direction fails to give timely investment direction, the amount for which no investment direction is in place shall be invested in such investment options and investment vehicles as provided in
the service and expense agreement or such other documents duly entered into by or with regard to the Plan that govern such matters. If the Primary Employer has investment direction, the Contributions shall be invested ratably in the investment
options and investment vehicles available to the Plan under or through the documents. The Primary Employer shall have investment direction for amounts that 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)	Elective Deferral Contributions: The Participant shall direct the investment of Elective Deferral Contributions and transfer of amounts resulting from those
Contributions. 

  

	 	(b)	Employer Contributions other than Elective Deferral Contributions: The Participant shall direct the investment of such Employer Contributions and transfer of amounts
resulting from those Contributions. 

  

	 	(c)	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 direction for Contributions and
amounts that are not subject to Participant direction. 
 All Contributions are forwarded by the Employer to (i) the
Trustee to be deposited in the Trust Fund or otherwise invested by the Trustee in accordance with the relevant documents; or (ii) the Insurer to be deposited under the Annuity Contract, as applicable. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	46	 	ARTICLE IV (4-52549)-2

 ARTICLE V 

BENEFITS 
 SECTION
5.01—RETIREMENT BENEFITS. 
 Thirty days following 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. 
 An Inactive Participant cannot elect to receive a distribution of any part of his Vested Account before he has a Severance from Employment for a period of 30 days, or the date he dies, if earlier. 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 has a Severance from Employment and meets the requirements of this section. 
 Beginning January 1, 2009, a
Participant who has been performing Qualified Military Service for a period of more than 30 days is deemed to have had a Severance from Employment for purposes of requesting a distribution of his Vested Account resulting from Elective Deferral
Contributions. The Plan will suspend Elective Deferral Contributions for six months after receipt of the distribution. 
 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 this article.

 The Nonvested Account of an Inactive Participant who has had a Severance from Employment 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. 
  

	 	(a)	Unless otherwise elected, benefits shall begin before the 60th day following the close of the Plan Year in which the latest date below occurs: 

 

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

 

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

  

	 	(3)	The date the Participant terminates service with the Employer. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	47	 	ARTICLE V (4-52549)-2

 Notwithstanding the foregoing, the failure of a Participant 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 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 has a Severance from Employment, if later. 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. 
  

	 	(b)	The Participant’s Vested Account resulting from the following Contributions: 

 Elective Deferral Contributions 
 Qualified Matching Contributions 

Qualified Nonelective Contributions 
 may not be distributed earlier than Severance from Employment (separation from service, for Plan Years beginning before January 1, 2002), death, or disability. Such amount may also be distributed
upon: 
  

	 	(1)	Termination of the Plan, as permitted in Article VIII. 

  

	 	(2)	The attainment of age 59 1/2 as permitted in the WITHDRAWAL BENEFITS SECTION of this article or in the definition of Normal Retirement Date in the DEFINITIONS
SECTION of Article I. 

 Elective Deferral Contributions may also be distributed upon the hardship of the
Participant as permitted in the WITHDRAWAL BENEFITS SECTION of this article. Beginning January 1, 2009, Elective Deferral Contributions may be distributed if the Participant is deemed to have a Severance from Employment as described in Code
Section 414(u)(12)(B)(i). 
 All distributions that may be made pursuant to one or more of the foregoing distributable
events will be a retirement benefit and shall be distributed to the Participant according to the distribution of benefits provisions of Article VI. In addition, distributions that are triggered by the termination of the Plan must be made in a
lump sum. A lump sum shall include a distribution of an annuity contract. 
 SECTION 5.05—WITHDRAWAL BENEFITS. 

A Participant may withdraw any part of his Vested Account resulting from Rollover Contributions. A Participant may make such a withdrawal
at any time. 
 A Participant, who has been an Active Participant for at least five years, may withdraw any part of his Vested
Account resulting from the following Contributions that were transferred to this Plan from the Keystone 401(k) Retirement Plan: 

  

					
	RESTATEMENT JANUARY 1, 2010	 	48	 	ARTICLE V (4-52549)-2

 Matching Contributions, other than Qualified Matching Contributions 

Discretionary Contributions 
 Rollover Contributions 
 A Participant’s earliest Entry Date shall be used to determine his
eligibility for such a withdrawal. A Participant may make such a withdrawal at any time. 
 A Participant who has attained age
59 1/2 may withdraw any part of his Vested Account resulting from the following Contributions: 
 Elective Deferral
Contributions 
 Matching Contributions 
 Qualified Nonelective Contributions 
 Discretionary Contributions 

A Participant may make such a withdrawal at any time. 
 A Participant may withdraw any part of his Vested Account resulting from the following Contributions: 
 Elective Deferral Contributions 
 in the event of hardship due to an immediate and heavy financial
need. Withdrawals from the Participant’s Account resulting from Elective Deferral Contributions shall be limited to the amount of the Participant’s Elective Deferral Contributions. 

Immediate and heavy financial need shall be limited to: (i) expenses incurred or necessary for medical care that would be deductible
under Code Section 213(a) (determined without regard to whether the expenses exceed 7.5% of adjusted gross income); (ii) the 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 (as defined in Code Section 152 without regard to Code Sections
152(b)(1), (b)(2), and (d)(1)(B)); (iv) payments necessary to prevent the eviction of the Participant from, or foreclosure on the mortgage of, the Participant’s principal residence; (v) payments for funeral or burial expenses for the
Participant’s deceased parent, spouse, child, or dependent (as defined in Code Section 152 without regard to Code Section 152(d))1)(B)); (vi) expenses to repair damage to the Participant’s principal residence that would
qualify for a casualty loss deduction under Code Section 165 (determined without regard to whether the loss exceeds 10% of adjusted gross income); or (vii) any other distribution which is deemed by the Commissioner of Internal Revenue to
be made on account of immediate and heavy financial need as provided in Treasury regulations. 
 No withdrawal shall be allowed
which is not necessary to satisfy such immediate and heavy financial need. Such withdrawal shall be deemed necessary only if all of the following requirements are met: (i) the distribution is not in excess of the amount of the immediate and
heavy financial need (including amounts necessary to pay any Federal, state, or local income taxes or penalties reasonably anticipated to result from the distribution); (ii) the Participant has obtained all distributions, other than hardship
distributions, and all nontaxable loans currently available under all plans maintained by the Employer; and (iii) the Plan, and all other plans maintained by the Employer, provide that the Participant’s elective contributions and
participant contributions will be suspended for at least six months after receipt of the hardship distribution. The Plan will suspend elective contributions and participant contributions for six months as provided in the preceding sentence. A
Participant shall not cease to be an Eligible Participant, as defined in the EXCESS AMOUNTS SECTION of Article III, merely because his elective contributions or participant contributions are suspended. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	49	 	ARTICLE V (4-52549)-2

 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—LOANS TO PARTICIPANTS. 
 Loans shall be made available to all Participants on a reasonably equivalent basis. For
purposes of this section, and unless otherwise specified, Participant means any Participant or Beneficiary who is a party-in-interest as defined in ERISA. Loans shall not be made to Highly Compensated Employees in an amount greater than the amount
made available to other Participants. 
 A loan to a Participant shall be a Participant-directed investment of his Account. The
loan is a Trust Fund investment but no Account other than the borrowing Participant’s Account shall share in the interest paid on the loan or bear any expense or loss incurred because of the loan. 

The number of outstanding loans shall be limited to one. Loan consolidation is not allowed. The minimum amount of any loan shall be
$1,000. 
 Loans must be adequately secured and bear a reasonable rate of interest. 

The amount of the loan shall not exceed the maximum amount that may be treated as a loan under Code Section 72(p) (rather than a
distribution) to the Participant and shall be equal to the lesser of (a) or (b) below: 
  

	 	(a)	$50,000, reduced by the highest outstanding loan balance of loans during the one-year period ending on the day before the new loan is made. 

 

	 	(b)	The greater of (1) or (2), reduced by (3) below: 

  

	 	(1)	One-half of the Participant’s Vested Account (without regard to any accumulated deductible employee contributions, as defined in Code Section 72(o)(5)(B)).

  

	 	(2)	$10,000. 

  

	 	(3)	Any outstanding loan balance on the date the new loan is made. 

 For purposes of this maximum, all qualified employer plans, as defined in Code Section 72(p)(4), of the Employer and any Controlled Group member shall be treated as one plan. 

The foregoing notwithstanding, the amount of such loan shall not exceed 50 percent of the amount of the Participant’s Vested
Account. For purposes of this maximum, a Participant’s Vested Account does not include any accumulated deductible employee contributions, as defined in Code Section 72(o)(5)(B). No collateral other than a portion of the Participant’s
Vested Account (as limited above) shall be accepted. 
 The Participant’s outstanding loan balance shall include any deemed
distribution, along with accrued interest, that has not been repaid (offset). 

  

					
	RESTATEMENT JANUARY 1, 2010	 	50	 	ARTICLE V (4-52549)-2

 Each loan shall bear a reasonable fixed rate of interest to be determined by the Loan
Administrator. In determining the interest rate, the Loan Administrator shall take into consideration fixed interest rates currently being charged by commercial lenders for loans of comparable risk on similar terms and for similar durations, so that
the interest will provide for a return commensurate with rates currently charged by commercial lenders for loans made under similar circumstances. The Loan Administrator shall not discriminate among Participants in the matter of interest rates; but
loans granted at different times may bear different interest rates in accordance with the current appropriate standards. 
 The
loan shall by its terms require that repayment (principal and interest) be amortized in level payments, not less frequently than quarterly, over a period not extending beyond five years from the date of the loan. If the loan is used to acquire a
dwelling unit, which within a reasonable time (determined at the time the loan is made) will be used as the principal residence of the Participant, the repayment period may extend beyond five years from the date of the loan, but the extended period
shall be the lesser of 15 years or a repayment period consistent with commercial home loan practices. 
 The Participant shall
make an application for a loan in such manner and in accordance with such rules as the Employer shall prescribe for this purpose (including by means of voice response or other electronic means under circumstances the Employer permits). The
application must specify the amount and duration requested. 
 Information contained in the application for the loan concerning
the income, liabilities, and assets of the Participant will be evaluated to determine whether there is a reasonable expectation that the Participant will be able to satisfy payments on the loan as due. 

Each loan shall be fully documented in the form of a promissory note signed by the Participant for the face amount of the loan, together
with interest determined as specified above. 
 There will be an assignment of collateral to the Plan executed at the time the
loan is made. 
 In those cases where repayment through payroll deduction is available, installments are so payable, and a
payroll deduction agreement shall be executed by the Participant at the time the loan is made. If the Participant has previously been treated as having received a deemed distribution and the subsequent loan is being made before the deemed
distribution, along with accrued interest, has been repaid (or offset), a payroll deduction agreement shall be required for loans made on or after January 1, 2004. If a payroll deduction agreement is required because of a previous deemed
distribution and the Participant later revokes such agreement, the outstanding loan balance at the time of the revocation shall be treated as a deemed distribution. 
 Where payroll deduction is not available, payments in cash are to be timely made. Any payment that is not by payroll deduction shall be made payable to the Employer or the Trustee, as specified in the
promissory note, and delivered to the Loan Administrator, including prepayments, service fees and penalties, if any, and other amounts due under the note. 
 The promissory note may provide for reasonable late payment penalties and service fees. Any penalties or service fees shall be applied to all Participants in a nondiscriminatory manner. If the promissory
note so provides, such amounts may be assessed and collected from the Account of the Participant as part of the loan balance. 

Each loan may be paid prior to maturity, in part or in full, without penalty or service fee, except as may be set out in the promissory
note. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	51	 	ARTICLE V (4-52549)-2

 The Plan shall suspend loan payments for a period not exceeding one year during which an
approved unpaid leave of absence occurs other than a military leave of absence. The Loan Administrator shall provide the Participant a written explanation of the effect of the suspension of payments upon his loan. 

If a Participant separates from service (or takes a leave of absence) from the Employer because of service in the military and does not
receive a distribution of his Vested Account, the Plan shall suspend loan payments until the Participant’s completion of military service or until the Participant’s fifth anniversary of commencement of military service, if earlier, as
permitted under Code Section 414(u). The Loan Administrator shall provide the Participant a written explanation of the effect of his military service upon his loan. 
 If any payment of principal and interest, or any portion thereof, remains unpaid for more than 90 days after due, the loan shall be in default. For purposes of Code Section 72(p), the Participant
shall then be treated as having received a deemed distribution regardless of whether or not a distributable event has occurred. 

Upon default, the Plan has the right to pursue any remedy available by law to satisfy the amount due, along with accrued interest,
including the right to enforce its claim against the security pledged and execute upon the collateral as allowed by law. The entire principal balance whether or not otherwise then due, along with accrued interest, shall become immediately due and
payable without demand or notice, and subject to collection or satisfaction by any lawful means, including specifically, but not limited to, the right to enforce the claim against the security pledged and to execute upon the collateral as allowed by
law. 
 In the event of default, foreclosure on the note and attachment of security or use of amounts pledged to satisfy the
amount then due shall not occur until a distributable event occurs in accordance with the Plan, and shall not occur to an extent greater than the amount then available upon any distributable event which has occurred under the Plan. 

All reasonable costs and expenses, including but not limited to attorney’s fees, incurred by the Plan in connection with any default
or in any proceeding to enforce any provision of a promissory note or instrument by which a promissory note for a Participant loan is secured, shall be assessed and collected from the Account of the Participant as part of the loan balance.

 If payroll deduction is being utilized, in the event that a Participant’s available payroll deduction amounts in any
given month are insufficient to satisfy the total amount due, there will be an increase in the amount taken subsequently, sufficient to make up the amount that is then due. If any amount remains past due more than 90 days, the entire principal
amount, whether or not otherwise then due, along with interest then accrued, shall become due and payable, as above. 
 If no
distributable event has occurred under the Plan at the time that the Participant’s Vested Account would otherwise be used under this provision to pay any amount due under the outstanding loan, this will not occur until the time, or in excess of
the extent to which, a distributable event occurs under the Plan. An outstanding loan will become due and payable in full 60 days after a Participant has a Severance from Employment and ceases to be a party-in-interest as defined in ERISA or after
complete termination of the Plan. 
 SECTION 5.07—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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	52	 	ARTICLE V (4-52549)-2

 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 (disregarding the portion, if any, of the benefit
resulting from the Participant’s Rollover Contributions) does not exceed $5,000. 
 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 each 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 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. 
 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, 2010	 	53	 	ARTICLE V (4-52549)-2

 ARTICLE VI 

DISTRIBUTION OF BENEFITS 

SECTION 6.01—FORM OF DISTRIBUTION. 
  

	 	(a)	Retirement Benefits. The only form of retirement benefit is a single sum payment. 

 

	 	(b)	Death Benefits. The only form of death benefit is a single sum payment. 

 SECTION 6.02—ELECTION PROCEDURES. 
 The Participant 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 to have retirement benefits distributed. 

 

	 	(b)	Death Benefits. A Participant may elect his Beneficiary. 

  

	 	(c)	Qualified Election. The Participant may make an election at any time during the election period. The Participant 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 Participant may make an election as to retirement benefits at any time before the Annuity Starting Date.

  

	 	(2)	Election Period for Death Benefits. A Participant may make an election as to death benefits at any time before he dies. 

 

	 	(3)	Consent to Election. If the Participant’s Vested Account (disregarding the portion, if any, of his Account resulting from Rollover Contributions) exceeds
$5,000, any benefit that is immediately distributable requires the consent of the Participant. 

 The consent of
the Participant to a benefit that is immediately distributable must not be made before the date the Participant is provided with the notice of the ability to defer the distribution. Such consent shall be in writing. 

The consent shall not be made more than 180 days before the Annuity Starting Date. The consent of the Participant shall not be required
to the extent that a distribution is required to satisfy Code Section 401(a)(9) or 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)) 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	54	 	ARTICLE VI (4-52549)-2

 A benefit is immediately distributable if any part of the benefit could be distributed to
the Participant before the Participant attains the older of Normal Retirement Age or age 62. 
 Spousal consent is needed to
name a Beneficiary other than the Participant’s spouse. If the Participant names a Beneficiary other than his spouse, the spouse has the right to limit consent only to a specific Beneficiary. The spouse can relinquish such right. 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 and that the relinquishment of such right 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 Beneficiary, class of Beneficiaries, or contingent Beneficiary named in the election. 
 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. 
 SECTION 6.03—NOTICE REQUIREMENTS. 
 Right to Defer. The Plan
Administrator shall furnish to the Participant a written explanation of the right of the Participant to defer distribution until the benefit is no longer immediately distributable, including an explanation of the consequences of not deferring the
distribution. 
 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 180 days, before the Annuity Starting Date. 
 However,
distribution may begin less than 30 days after the notice described in this subparagraph is given, provided the Plan Administrator clearly informs the Participant that he has a right to a period of at least 30 days after receiving the notice to
consider the decision of whether or not to elect a distribution, and the Participant, after receiving the notice, affirmatively elects a distribution. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	55	 	ARTICLE VI (4-52549)-2

 ARTICLE VII 

REQUIRED MINIMUM DISTRIBUTIONS 
 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: 
 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
that 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 (b)(2) of the
REQUIRED MINIMUM DISTRIBUTIONS SECTION of this article. The required minimum distribution for the Participant’s first Distribution Calendar Year will be made on or before the Participant’s Required Beginning Date. The required minimum
distribution for other Distribution Calendar Years, including the required minimum distribution for the Distribution Calendar Year in which the Participant’s Required Beginning Date occurs, will be made on or before December 31 of that
Distribution Calendar Year. 
 5-percent Owner means a Participant who is treated as a 5-percent Owner for purposes of
this article. A Participant is treated as a 5-percent Owner for purposes of this article if such Participant is a 5-percent owner as defined in Code Section 416 at any time during the Plan Year ending with or within the calendar year in which
such owner attains age 70 1/2. 
 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. 
 Life Expectancy means
life expectancy as computed by use of the Single Life Table in Q&A-1 in section 1.401(a)(9)-9 of the regulations. 

Participant’s Account Balance means 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 as of dates in the valuation calendar year after the Valuation Date and
decreased by distributions made in the valuation calendar year after the Valuation Date. The Account balance for the valuation calendar year includes any amounts rolled over or transferred to the Plan either in the valuation calendar year or in the
Distribution Calendar Year if distributed or transferred in the valuation calendar year. 
 Required Beginning Date means,
for a Participant who is a 5-percent Owner, 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, 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	56	 	ARTICLE VII (4-52549)-2

 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 option 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 option 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, 1997 in the case of a Participant attaining age 70 1/2 in 1996) to defer distributions until April 1 of the calendar year following the calendar year in which he retires. If no such election is made,
the Participant shall begin receiving distributions by April 1 of the calendar year following the year in which he attained age 70 1/2 (or by December 31, 1997 in the case of a Participant attaining age 70 1/2 in 1996). Any such
Participant attaining age 70 1/2 in years prior to 1997 may elect to stop distributions that are not purchased annuities and recommence by April 1 of the calendar year following the calendar year in which he retires. There shall be a new
Annuity Starting Date upon recommencement. 
 SECTION 7.03—REQUIRED MINIMUM DISTRIBUTIONS. 

 

	 	(a)	General Rules. 

  

	 	(1)	The requirements of this article shall apply to any distribution of a Participant’s interest and will 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, 2002. 

  

	 	(2)	All distributions required under this article shall be determined and made in accordance with the regulations under Code Section 401(a)(9), including the
incidental death benefit requirement in Code Section 401(a)(9)(G), and the regulations thereunder. 

  

	 	(b)	Time and Manner of Distribution. 

  

	 	(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. 

  

	 	(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: 

  

	 	(i)	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 died, or by December 31 of 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 (e) below. 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	57	 	ARTICLE VII (4-52549)-2

	 	(ii)	If the Participant’s surviving spouse is not the Participant’s sole Designated Beneficiary, then distributions to the Designated Beneficiary 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 (e) below. 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. 

 

	 	(iii)	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. 

  

	 	(iv)	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 are required to begin, this (b)(2), other than (b)(2)(i), will apply as if the surviving spouse were the Participant. 

 For purposes of this (b)(2) and (d) below, unless (b)(2)(iv) above applies, distributions are considered to begin on the Participant’s Required Beginning Date. If (b)(2)(iv) above applies,
distributions are considered to begin on the date distributions are required to begin to the surviving spouse under (b)(2)(i) above. If distributions under an annuity purchased from an insurance company irrevocably commence to the Participant before
the Participant’s Required Beginning Date (or to the Participant’s surviving spouse before the date distributions are required to begin to the surviving spouse under (b)(2)(i) above), the date distributions are considered to begin is the
date distributions actually commence. 
  

	 	(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 (c) and (d) below. 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 Code Section 401(a)(9) and the regulations thereunder. 

 

	 	(c)	Required Minimum Distributions During Participant’s Lifetime. 

  

	 	(1)	Amount of Required Minimum Distribution For Each Distribution Calendar Year. During the Participant’s lifetime, the minimum amount that will be distributed
for each Distribution Calendar Year is the lesser of: 

  

	 	(i)	the quotient obtained by dividing the Participant’s Account Balance by the distribution period in the Uniform Lifetime Table set forth in Q&A-2 in section
1.401(a)(9)-9 of the regulations, using the Participant’s age as of the Participant’s birthday in the Distribution Calendar Year; or 

  

					
	RESTATEMENT JANUARY 1, 2010	 	58	 	ARTICLE VII (4-52549)-2

	 	(ii)	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 Q&A-3 in section 1.401(a)(9)-9 of the regulations, using the Participant’s and spouse’s attained ages as of the Participant’s and
spouse’s birthdays in the Distribution Calendar Year. 

  

	 	(2)	Lifetime Required Minimum Distributions Continue Through Year of Participant’s Death. Required minimum distributions will be determined under this
(c) beginning with the first Distribution Calendar Year and continuing up to, and including, the Distribution Calendar Year that includes the Participant’s date of death. 

 

	 	(d)	Required Minimum Distributions After Participant’s Death. 

  

	 	(1)	Death On or After Date Distributions Begin. 

  

	 	(i)	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: 

  

	 	A.	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.

  

	 	B.	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.

  

	 	C.	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. 

  

	 	(ii)	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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	59	 	ARTICLE VII (4-52549)-2

	 	(2)	Death Before Date Distributions Begin. 

  

	 	(i)	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 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 (d)(1) above, except to the extent that an election is made to receive distributions in accordance with the 5-year rule under (e) below. 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. 

 

	 	(ii)	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.

  

	 	(iii)	Death of Surviving Spouse Before Distributions to Surviving Spouse Are Required to Begin. If the Participant dies before the date distributions begin, the
Participant’s surviving spouse is the Participant’s sole Designated Beneficiary, and the surviving spouse dies before distributions are required to begin to the surviving spouse under (b)(2)(i) above, this (d)(2) will apply as if the
surviving spouse were the Participant. 

  

	 	(e)	Election of 5-year Rule. Participants or Beneficiaries may elect on an individual basis whether the 5-year rule in (b)(2) and (d)(2) above 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 the distribution would be required to begin under (b)(2) above if
no such election is made, or by September 30 of the calendar year which contains the fifth anniversary of the Participant’s (or, if applicable, surviving spouse’s) death. 

SECTION 7.04—TRANSITION RULES. 
 To the extent the Plan was effective before 2003, required minimum distributions were made pursuant to (a) and (b) below: 

 

	 	(a)	2000 and Before. Required minimum distributions for calendar years after 1984 and before 2001 were made in accordance with Code Section 401(a)(9) and the
proposed regulations thereunder published in the Federal Register on July 27, 1987 (the 1987 Proposed Regulations). 

  

	 	(b)	2001 and 2002. Required minimum distributions for calendar years 2001 and 2002 were made pursuant to the proposed regulations under Code Section 401(a)(9)
published in the Federal Register on January 17, 2001 (the 2001 Proposed Regulations). Distributions were made in 2001 under the 1987 Proposed Regulations prior to June 14, 2001, and the special transition rule in Announcement 2001-82,
2001-2 C.B. 123, applied. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	60	 	ARTICLE VII (4-52549)-2

 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 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 100% vested
and nonforfeitable as of the effective date of the partial termination of the Plan. The Participant’s Vested 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 Vested Account that does not result from the
Contributions listed below may be distributed to the Participant after the effective date of the complete termination of the Plan: 
 Elective Deferral Contributions 
 Qualified Matching Contributions 

Qualified Nonelective Contributions 
 A Participant’s Vested Account resulting from such Contributions may be distributed upon complete termination of the Plan, but only if neither the Employer nor any Controlled Group member maintain
another defined contribution plan (other than an employee stock ownership plan as defined in Code Section 4975(e)(7) or 409(a), a simplified employee pension plan as defined in Code Section 408(k), a SIMPLE IRA plan as defined in Code
Section 408(p), a plan or contract that satisfies the requirements of Code Section 403(b), or a plan described in Code Section 457(b) or (f)) at any time during the period beginning on the date of complete termination of the Plan and
ending 12 months after all assets have been distributed from the Plan. Such distribution is made in a lump sum. 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 if (i) the requirements for distribution of Elective Deferral Contributions in the above paragraph are met and (ii) consent of the Participant is not required in the ELECTION PROCEDURES
SECTION of Article VI to distribute a benefit that 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, 2010	 	61	 	ARTICLE VIII (4-52549)-2

 ARTICLE IX 

ADMINISTRATION OF THE PLAN 
 SECTION 9.01—ADMINISTRATION. 
 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 or Beneficiary 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 to assist it with 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 and Beneficiaries. 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. Expenses that relate solely to a specific Participant or Alternate Payee may be assessed against such Participant or Alternate Payee as
provided in the service and expense agreement or such other documents duly entered into by or with regard to the Plan that govern such matters. 

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, 2010	 	62	 	ARTICLE IX (4-52549)-2

 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 PROCEDURES. 
 A Claimant must submit any necessary forms and needed information when making a claim for benefits under the Plan. 
 If a claim for benefits under the Plan is wholly or partially 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 without regard to whether all of the information necessary to make a benefit determination is received. The Claimant shall be notified in writing within
this initial 90-day period if special circumstances require an extension of the time needed to process the claim. The notice shall indicate the special circumstances requiring an extension of time and the date by which the Plan Administrator’s
decision is expected to be rendered. In no event shall such extension exceed a period of 90 days from the end of the initial 90-day period. 
 The Plan Administrator’s notice to the Claimant shall: (i) specify the reason or reasons for the denial; (ii) reference the specific Plan provisions on which the denial is based;
(iii) describe any additional material and information needed for the Claimant to perfect his claim for benefits; (iv) explain why the material and information is needed; and (v) inform the Claimant of the Plan’s appeal
procedures and the time limits applicable to such procedures, including a statement of the Claimant’s right to bring a civil action under ERISA section 502(a) following an adverse benefit determination on appeal. 

Any appeal made by a Claimant must be made in writing to the Plan Administrator within 60 days after receipt of the Plan
Administrator’s notice of denial of benefits. If the Claimant appeals to the Plan Administrator, the Claimant may submit written comments, documents, records, and other information relating to the claim for benefits. The Claimant shall be
provided, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to the Claimant’s claim for benefits. The Plan Administrator shall review the claim taking into account all
comments, documents, records, and other information submitted by the Claimant relating to the claim, without regard to whether such information was submitted or considered in the initial benefit determination. 

The Plan Administrator shall provide adequate written notice to the Claimant of the Plan’s benefit determination on review. The
notice must be furnished within 60 days of the date that the request for review is received by the Plan without regard to whether all of the information necessary to make a benefit determination on review is received. The Claimant shall be notified
in writing within this initial 60-day period if special circumstances require an extension of the time needed to process the claim. The notice shall indicate the special circumstances requiring an extension of time and the date by which the Plan
Administrator expects to render the determination on review. In no event shall such extension exceed a period of 60 days from the end of the initial 60-day period. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	63	 	ARTICLE IX (4-52549)-2

 In the event the benefit determination is being made by a committee or board of trustees
that hold regularly scheduled meetings at least quarterly, the above paragraph shall not apply. The benefit determination must be made by the date of the meeting of the committee or board that immediately follows the Plan’s receipt of a request
for review, unless the request for review is filed within 30 days preceding the date of such meeting. In such case, the benefit determination must be made by the date of the second meeting following the Plan’s receipt of the request for review.
The date of the receipt of the request for review shall be determined without regard to whether all of the information necessary to make a benefit determination on review is received. The Claimant shall be notified in writing within this initial
period if special circumstances require an extension of the time needed to process the claim. The notice shall indicate the special circumstances requiring an extension of time and the date by which the committee or board expects to render the
determination on review. In no event shall such benefit determination be made later than the third meeting of the committee or board following the Plan’s receipt of the request for review. The Plan Administrator shall provide adequate written
notice to the Claimant of the Plan’s benefit determination on review as soon as possible, but not later than five days after the benefit determination is made. 
 If the claim for benefits is wholly or partially denied on review, the Plan Administrator’s notice to the Claimant shall: (i) specify the reason or reasons for the denial; (ii) reference
the specific Plan provisions on which the denial is based; (iii) include a statement that the Claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information
relevant to the Claimant’s claim for benefits; and (iv) include a statement of the Claimant’s right to bring a civil action under ERISA section 502(a). 
 A Claimant may authorize a representative to act on the Claimant’s behalf with respect to a benefit claim or appeal of an adverse benefit determination. Such authorization shall be made by completion
of a form furnished for that purpose. In the absence of any contrary direction from the Claimant, all information and notifications to which the Claimant is entitled shall be directed to the authorized representative. 

The Plan Administrator shall perform periodic examinations, reviews, or audits of benefit claims to determine whether claims
determinations are made in accordance with the governing Plan documents and, where appropriate, Plan provisions have been consistently applied with respect to similarly situated Claimants. 

Disability Claim Procedures. In the case of a claim for disability benefits, the above provisions will be modified as provided
below. 
 If a claim for disability benefits under the Plan is wholly or partially 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 45 days of the date that the claim is received by the Plan without regard to whether all of the information
necessary to make a benefit determination is received. The period for furnishing the notice may be extended for up to 30 days if the Plan Administrator both determines an extension is necessary due to matters beyond the control of the Plan and
notifies the Claimant in writing within this initial 45-day period. The notice shall indicate the circumstances requiring the extension of time and the date by which the Plan expects to render a decision. If prior to the end of the first 30-day
extension period, the Plan Administrator determines that, due to matters beyond the control of the Plan, a decision cannot be rendered within that extension period, the period may be extended for up to an additional 30 days, provided the Plan
Administrator notifies the Claimant in writing, within the first 30-day extension period, of the circumstances requiring the extension and the date by which the Plan expects to render a decision. In the case of any extension, the notice of extension
shall specifically explain the standards on which entitlement to a benefit is based, the unresolved issues that prevent a decision on the claim, and the additional information needed to resolve those issues. The Claimant shall be afforded at least
45 days within which to provide the specified information. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	64	 	ARTICLE IX (4-52549)-2

 In the event that a period of time is extended due to a Claimant’s failure to submit
information necessary to decide a claim, the period for making the benefit determination shall be tolled from the date on which the notification of the extension is sent to the Claimant until the date on which the Claimant responds to the request
for additional information. 
 The Plan Administrator’s notice to the Claimant shall: (i) specify the reason or
reasons for the denial; (ii) reference the specific Plan provisions on which the denial is based; (iii) describe any additional material and information needed for the Claimant to perfect his claim for benefits; (iv) explain why the
material and information is needed; (v) inform the Claimant of the Plan’s appeal procedures and the time limits applicable to such procedures, including a statement of the Claimant’s right to bring a civil action under ERISA section
502(a) following an adverse benefit determination on appeal; (vi) provide the Claimant with any internal rule, guideline, protocol, or other similar criterion that was relied upon in making the adverse determination or a statement that such
rule, guideline, protocol, or other similar criterion was relied upon and a copy will be provided free of charge upon request; and (vii) provide the Claimant with an explanation of any scientific or clinical judgment for the determination if
benefit determination is based on a medical necessity or experimental treatment or similar exclusion or limit or a statement that the benefit is based on such an exclusion or limit and such explanation will be provided free of charge. 

Any appeal made by a Claimant must be made in writing to the Plan Administrator within 180 days after receipt of the Plan
Administrator’s notice of denial of benefits. The Claimant may submit written comments, documents, records, and other information relating to the claim for benefits. The Claimant shall be provided, upon request and free of charge, reasonable
access to, and copies of, all documents, records, and other information relevant to the Claimant’s claim for benefits. The Plan Administrator shall review the claim taking into account all comments, documents, records, and other information
submitted by the Claimant relating to the claim, without regard to whether such information was submitted or considered in the initial benefit determination. The review shall not afford deference to the initial adverse benefit determination and
shall be conducted by an appropriate named fiduciary who is neither the individual who made the adverse benefit determination that is the subject of the appeal, nor the subordinate of such individual. If the adverse benefit determination is based in
whole or in part on a medical judgment, the appropriate named fiduciary shall consult with a health care professional who has appropriate training and experience in the field of medicine involved in the medical judgment. Such health care
professional shall be an individual who is neither an individual who was consulted in connection with the adverse benefit determination that is the subject of the appeal, nor the subordinate of such individual. The Claimant shall be provided with
the identity of medical or vocational experts whose advice was obtained on behalf of the Plan in connection with the adverse benefit determination, without regard to whether the advice was relied on. 

The Plan Administrator shall provide adequate written notice to the Claimant of the Plan’s benefit determination on review. The
notice must be furnished within 45 days of the date that the request for review is received by the Plan without regard to whether all of the information necessary to make a benefit determination on review is received. The Claimant shall be notified
in writing within this initial 45-day period if special circumstances require an extension of the time needed to process the claim. The notice shall indicate the special circumstances requiring an extension of time and the date by which the Plan
Administrator expects to render the determination on review. In no event shall such extension exceed a period of 45 days from the end of the initial 45-day period. 
 In the event the benefit determination is being made by a committee or board of trustees that hold regularly scheduled meetings at least quarterly, the above paragraph shall not apply. The benefit
determination must be made by the date of the meeting of the committee or board that immediately follows the Plan’s receipt of a request for review, unless the request for review is filed within 30 days preceding the date of such meeting. In
such case, the benefit determination must be made by the date of the second meeting following the Plan’s receipt of the request for review. The date of the receipt of the request for review shall be

  

					
	RESTATEMENT JANUARY 1, 2010	 	65	 	ARTICLE IX (4-52549)-2

 
determined without regard to whether all of the information necessary to make a benefit determination on review is received. The Claimant shall be notified in writing within this initial period
if special circumstances require an extension of the time needed to process the claim. The notice shall indicate the special circumstances requiring an extension of time and the date by which the committee or board expects to render the
determination on review. In no event shall such benefit determination be made later than the third meeting of the committee or board following the Plan’s receipt of the request for review. The Plan Administrator shall provide adequate written
notice to the Claimant of the Plan’s benefit determination on review as soon as possible, but not later than five days after the benefit determination is made. 
 To the extent that a period of time is extended due to a Claimant’s failure to submit information necessary to decide a claim, the period for making the benefit determination on review shall be
tolled from the date on which the notification of the extension is sent to the Claimant until the date on which the Claimant responds to the request for additional information. 

If the claim for disability benefits is wholly or partially denied on review, the Plan Administrator’s notice to the Claimant shall:
(i) specify the reason or reasons for the denial; (ii) reference the specific Plan provisions on which the denial is based; (iii) include a statement that the Claimant is entitled to receive, upon request and free of charge,
reasonable access to, and copies of, all documents, records, and other information relevant to the Claimant’s claim for benefits; (iv) include a statement of the Claimant’s right to bring a civil action under ERISA section 502(a);
(v) provide the Claimant with any internal rule, guideline, protocol, or other similar criterion that was relied upon in making the adverse determination or a statement that such rule, guideline, protocol, or other similar criterion was relied
upon and a copy will be provided free of charge upon request; (vi) provide the Claimant with an explanation of any scientific or clinical judgment for the determination if benefit determination is based on a medical necessity or experimental
treatment or similar exclusion or limit or a statement that the benefit is based on such an exclusion or limit and such explanation will be provided free of charge; and (vii) provide the Claimant with the following statement: “You and your
plan may have other voluntary alternative dispute resolution options, such as mediation. One way to find out what may be available is to contact your local U.S. Department of Labor Office and your State insurance regulatory agency.” 

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. 
 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 to the greatest extent allowed under 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. 
 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 other parties. No guarantee is made by the Plan, Plan Administrator, 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	66	 	ARTICLE IX (4-52549)-2

 Notwithstanding 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	67	 	ARTICLE IX (4-52549)-2

 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. The Employer may correct obvious and unambiguous typographical errors and cross references that merely correct a reference but that do not in any way change the original intended meaning of the
provisions. 
 An amendment may not 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. 
 An amendment
may not eliminate or reduce a section 411(d)(6) protected benefit, as defined in Q&A-1 in section 1.411(d)-4 of the regulations, that has already accrued, except as provided in section 1.411(d)-3 or 1.411(d)-4 of the regulations. This is
generally the case even if such elimination or reduction is contingent upon the Employee’s consent. However, the Plan may be amended to eliminate or reduce section 411(d)(6) protected benefits with respect to benefits not yet accrued as of the
later of the amendment’s adoption date or effective date without violating Code Section 411(d)(6). 
 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 with respect to that part of his Account resulting from such Contributions 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 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 
  

	 	(a)	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 

  

	 	(b)	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 resulting 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 and end no earlier than the 60th day after the latest of the date the amendment is adopted or becomes effective, or the date the Participant is issued written notice of the amendment by the Employer or the
Plan Administrator. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	68	 	ARTICLE X (4-52549)-2

 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 each Participant will be the greater of the vested percentage under the old vesting
schedule or the vested percentage under the new vesting schedule. 
 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. A
Designated Beneficiary of a Participant who is not the surviving spouse of the Participant may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of a distribution, that would be an Eligible Rollover
Distribution if the Designated Beneficiary were a Distributee, paid in a Direct Rollover to an individual retirement plan described in Code Section 402(c)(8)(B)(i) or (ii) established for the purposes of receiving the distribution on
behalf of the Designated Beneficiary. If such Direct Rollover is made: (i) such Direct Rollover shall be treated as an Eligible Rollover Distribution; (ii) the individual retirement plan shall be treated as an inherited individual
retirement account or individual retirement annuity (within the meaning of Code Section 408(d)(3)(C)); and (iii) Code Section 401(a)(9)(B) (other than clause (iv) thereof) shall apply to such plan. For this purpose, certain
trusts shall be treated as a Designated Beneficiary as provided in Code Section 402(c)(11)(B). 
 In the event of a
mandatory distribution of an Eligible Rollover Distribution greater than $1,000 in accordance with the SMALL AMOUNTS SECTION of this article (or which is a small amounts payment under Article VIII at complete termination of the Plan), 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, the Plan Administrator will pay the distribution in a Direct
Rollover to an individual retirement plan designated by the Plan Administrator. 
 In the event of any other Eligible Rollover
Distribution to a Distributee in accordance with the SMALL AMOUNTS SECTION of this article (or which is a small amounts payment under Article VIII at complete termination of the Plan), 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, the Plan Administrator will pay the distribution to the Distributee. 

A mandatory distribution is a distribution to a Participant that is made without the Participant’s consent and is made to the
Participant before he attains the older of age 62 or his Normal Retirement Age. 
 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 this Plan would (if that plan then terminated) receive a benefit immediately after the merger, consolidation, or transfer that 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. The Employer will not transfer any amounts attributable to elective deferral
contributions, qualified matching contributions, and qualified nonelective contributions unless the transferee plan provides that the limitations of section 1.401(k)-1(d) of the regulations shall apply to such amounts (including post-transfer
earnings thereon), unless the amounts could have been distributed at the time of the transfer (other than for hardship), and the transfer is an elective transfer described in Q&A-3(b)(1) in section 1.411(d)-4 of the regulations. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	69	 	ARTICLE X (4-52549)-2

 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(l), 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 limitations of section 1.401(k)-1(d) of the regulations applicable to elective deferral contributions, qualified matching contributions,
and qualified nonelective contributions shall continue to apply to any amounts attributable to such contributions (including post-transfer earnings thereon) transferred to this Plan, unless the amounts could have been distributed at the time of the
transfer (other than for hardship), and the transfer is an elective transfer described in Q&A-3(b)(1) in section 1.411(d)-4 of the regulations. 
 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. 

A Participant’s section 411(d)(6) protected benefits, as defined in Q&A-1 in section 1.411(d)-4 of the regulations, may not be
eliminated by reason of transfer or any transaction amending or having the effect of amending a plan or plans to transfer benefits except as provided below. 
 A Participant’s section 411(d)(6) protected benefits may be eliminated or reduced 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 section 411(d)(6) protected benefits may be eliminated or reduced if a transfer is an elective transfer of certain distributable benefits between qualified plans (both defined benefit and defined contribution) and the conditions
in Q&A-3(c)(1) in section 1.411(d)-4 of the regulations are met. 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). 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). 
 SECTION 10.04—PROVISIONS RELATING TO THE INSURER AND OTHER PARTIES. 

The obligations of an 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, 2010	 	70	 	ARTICLE X (4-52549)-2

 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 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 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 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 Plan Administrator of the name of the Beneficiary on a form furnished for that purpose. The Plan Administrator shall maintain
records of Beneficiary designations for Participants before their Retirement Dates. However, the Plan Administrator may delegate to another party the responsibility of maintaining records of Beneficiary designations. In that event, the written
designations made by Participants shall be filed with such other party. If a party other than the Insurer maintains the records of Beneficiary designations and a Participant dies before his Retirement Date, such other party shall certify to the
Insurer the Beneficiary designation on its records for the Participant. 
 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	71	 	ARTICLE X (4-52549)-2

 SECTION 10.08—NONALIENATION OF BENEFITS. 

Benefits payable under the Plan are not subject to the claims of any creditor of any Participant or Beneficiary. A Participant or
Beneficiary does not have any rights to alienate, anticipate, commute, pledge, encumber, or assign such benefits, except in the case of a loan as provided in the LOANS TO PARTICIPANTS SECTION of Article V. 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 judgment, 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 that 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 date he dies, or the date 30 days after the date he last had a Severance from Employment for any other reason (the date the Employer provides notice to the record keeper of the Plan of such event, if later). If the Participant
had a Severance from Employment for any reason other than his Retirement Date or death, no small amounts payment shall be made if he again becomes an Employee before such period of time has elapsed. 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 would not be needed to distribute a benefit that 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	72	 	ARTICLE X (4-52549)-2

 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. 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 all
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, where used in this Plan, shall 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 computation period in which the change is effective if he is credited with the required number of Hours of Service. For that portion of the
computation period ending on the date of the change (for the first day of the computation period if the change is made on the first day of the computation period), the Employee will be credited with the greater of (i) his actual Hours of
Service or (ii) the number of Hours of Service that is equivalent to the fractional part of a year of elapsed time service credited as of the date of the change, if any. In determining the equivalent Hours of Service, the Employee shall be
credited with 190 Hours of Service for each month and any fractional part of a month in such fractional part of a year. The number of months and any fractional part of a month shall be determined by multiplying the fractional part of a year,
expressed as a decimal, by 12. For the remaining portion of the computation period (the period beginning on the second day of the computation period and ending on the last day of the computation period if the change is made on the first day of the
computation period), the Employee will be credited with his actual 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, 2010	 	73	 	ARTICLE X (4-52549)-2

	 	(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 that credited service under the
elapsed time method for any purpose that 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 other 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. For
that portion of such computation period ending on the date he became an Eligible Employee (for the first day of such computation period if he became an Eligible Employee on the first day of such computation period), the Employee will be credited
with the greater of (i) his actual Hours of Service or (ii) the number of Hours of Service that is equivalent to the fractional part of a year of elapsed time service credited as of the date he became an Eligible Employee, if any. In
determining the equivalent Hours of Service, the Employee shall be credited with 190 Hours of Service for each month and any fractional part of a month in such fractional part of a year. The number of months and any fractional part of a month shall
be determined by multiplying the fractional part of a year, expressed as a decimal, by 12. For the remaining portion of such computation period (the period beginning on the second day of such computation period and ending on the last day of such
computation period if he became an Eligible Employee on the first day of such computation period), the Employee will be credited with his actual 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 that credited service under the hours
method for any purpose that 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. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	74	 	ARTICLE X (4-52549)-2

 If an Employee has been a participant in a Controlled Group member’s plan that 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 was a plan of the Employer. 

Any modification of service contained in this Plan shall be applicable to the service determined pursuant to this section. 

SECTION 10.14—MILITARY 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). Loan repayments shall be suspended under this Plan as permitted under Code Section 414(u). 

Beginning January 1, 2007, a Participant who dies on or after January 1, 2007 while performing Qualified Military Service is
treated as having resumed and then terminated employment on account of death, in accordance with Code Section 401(a)(37) and any subsequent guidance. The survivors of such Participant are entitled to any additional benefits provided under the
Plan on account of death of the Participant. 
 SECTION 10.15—MISSING PARTICIPANTS AND BENEFICIARIES. 

If a portion of an Account remains to be distributed to a Participant or Beneficiary at a time when the Plan Administrator is unable to
locate the Participant or Beneficiary, and the Participant or Beneficiary fails to contact the Plan Administrator within three years after being notified of his right to receive such distribution by a letter sent to his address on file with the Plan
Administrator, then such Account shall be applied to reduce the amount of Contributions that the Employer would otherwise be required to contribute to the Plan, but if the Participant or Beneficiary later asserts a proper claim for such
distribution, or if the person who would be entitled to receive such distribution upon the death of such Participant or Beneficiary establishes that such Participant or Beneficiary has died, the Employer shall contribute the amount necessary to
restore such Account. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	75	 	ARTICLE X (4-52549)-2

 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. The provisions of this article shall apply for purposes of determining whether the Plan is a Top-heavy Plan for Plan Years beginning after December 31, 2001, and whether the Plan
satisfies the minimum benefit requirements of Code Section 416(c) for such years. 
 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 resulting from deductible
employee contributions shall not be included for any purpose under this article. 
 The contribution provisions of the
MODIFICATION OF CONTRIBUTIONS SECTION 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 or any of the four preceding
Plan Years (regardless of whether the plans have terminated), 

  

	 	(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 Sections 401(a)(4) and 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, 2010	 	76	 	ARTICLE XI (4-52549)-2

 Compensation means compensation as defined in the CONTRIBUTION LIMITATION SECTION of
Article III. 
 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 Determination Date is the last day of that year. 

Key Employee means any Employee or former Employee (including any deceased Employee) who at any time during the Plan Year that
includes the Determination Date is: 
  

	 	(a)	an officer of the Employer having Compensation for the Plan Year greater than $130,000 (as adjusted under Code Section 416(i)(1) for Plan Years beginning after
December 31, 2002), 

  

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

  

	 	(c)	a 1-percent owner of the Employer having Compensation for the Plan Year of more than $150,000. 

The determination of who is a Key Employee shall be made according to Code Section 416(i)(1) and the applicable regulations and other
guidance of general applicability issued thereunder. 
 Nonkey Employee means any Employee who is not a Key Employee.

 Top-heavy Plan means a plan that is top-heavy for any plan year. 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. 

  

	 	(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 one-year period ending on the Determination Date(s) and
distributions under a terminated plan which if it had not been terminated would have been required to be included in the Aggregation Group), and the denominator of which is the sum of all account balances (including any part of any account balance
distributed in the one-year period ending on the Determination Date(s) and distributions under a terminated plan which if it had not been terminated would have been required to be included in the Aggregation Group), both computed in accordance with
Code Section 416 and the regulations thereunder. In the case of a distribution made for a reason other than Severance from Employment, death, or disability, this provision shall be applied by

  

					
	RESTATEMENT JANUARY 1, 2010	 	77	 	ARTICLE XI (4-52549)-2

	 	 
substituting “five-year period” for “one-year period.” 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 one-year period ending on the Determination Date (and distributions under
a terminated plan which if it had not been terminated would have been required to be included in the Aggregation Group). In the case of a distribution made for a reason other than Severance from Employment, death, or disability, this provision shall
be applied by substituting “five-year period” for “one-year period.” 

  

	 	(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 one hour of service with any employer maintaining the plan at any time during
the one-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. 

 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—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 Nonkey 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 Nonkey 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 Nonkey 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, 2010	 	78	 	ARTICLE XI (4-52549)-2

	 	(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 that 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 shall not apply in
determining if the minimum contribution requirement has been met, but shall apply in determining the minimum contribution required. Matching contributions, as defined in Code Section 401(m), shall be taken into account for purposes of
satisfying the minimum contribution requirements of Code Section 416(c)(2) and the Plan. Matching contributions that are used to satisfy the minimum contribution requirements shall be treated as matching contributions for purposes of the actual
contribution percentage test and other requirements of Code Section 401(m). 
 The requirements of this section shall be
met without regard to any Social Security contribution. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	79	 	ARTICLE XI (4-52549)-2

 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 30th day of December, 2010. 

 

			
	LKQ CORPORATION
		
	By:	 	/s/ Walter P. Hanley
		 	Senior Vice President
		 	Title

  

					
	RESTATEMENT JANUARY 1, 2010	 	80	 	PLAN EXECUTION (4-52549)-2
		 		 	Subtype Cycle

 PROTECTED BENEFIT ADDENDUM 
 The following benefit(s) were included in the Keystone 401(k) Retirement Plan and were removed as of April 1, 2000. According to Section 411(d)(6) of the Internal Revenue Code, the benefit(s)
described below shall be available to Plan Participants who were former participants of the Keystone 401(k) Retirement Plan and who had an account balance on that date (or the date of adoption, if later). The protected benefit(s) only apply to
Participants or to the value of their accounts as of that date (adjusted for earnings or losses since that date) as described below. 
  

					
	 Protected Benefit
	  	 Description
	  	 Operation

	Early Retirement Age	  	Age 55 with the completion of four years of Vesting Service.	  	Participants who are age 55 with four years of Vesting Service as of the date of the change will be 100% in their account as of the date of the change and in all future
contributions.

 The following benefit(s) were included in the Keystone 401(k) Retirement Plan and were removed as of
September 1, 2008. According to Section 411(d)(6) of the Internal Revenue Code, the benefit(s) described below shall be available to Plan Participants who were former participants of the Keystone 401(k) Retirement Plan and who had an
account balance on that date (or the date of adoption, if later). The protected benefit(s) only apply to Participants or to the value of their accounts as of that date (adjusted for earnings or losses since that date) as described below. 

 

					
	 Protected Benefit
	  	 Description
	  	 Operation

	Definition of Totally and Permanently Disabled	  	Disability was determined by a cerified physician selected or approved by the advisory committee. The plan defined disability as the inability to engage in his regular occupation or
gainful activity in the Employee’s trade for which the Employee is best qualified through two years of training or education.	  	Participants who are disabled according to the plan’s definition prior to the amendment effective date will continue to be considered disabled under the amended definition.
Participants who are not disabled as of the effective date of the amendment must meet the definition in the plan as of the date of their disability.

 The following benefit(s) were included in the Global Trade Alliance Inc. 401(k) Plan and were removed as of September 1, 2008. According to Section 411(d)(6) of the Internal Revenue Code, the
benefit(s) described below shall be available to Plan Participants who were former participants of the Global Trade Alliance Inc. 401(k) Plan and who had an account balance on that date (or the date of adoption, if later). The protected benefit(s)
only apply to Participants or to the value of their accounts as of that date (adjusted for earnings or losses since that date) as described below. 

  

					
	RESTATEMENT JANUARY 1, 2010	 	81	 	ADDENDUM (4-52549)-2

					
	 Protected Benefit
	  	 Description
	  	 Operation

	Definition of Totally and Permanently Disabled	  	Disability was determined as the inability to engage in any substantial gainful activity in the Employee’s trade for which the Employee is best qualified through training or
experience. An Employee was allowed to take a distribution upon becoming disabled.	  	Participants who are disabled according to the plan’s definition prior to the amendment effective date will continue to be considered disabled under the amended definition.
Participants who are not disabled as of the effective date of the amendment must meet the definition in the plan as of the date of their disability.

 The following benefit(s) were included in the Bodymaster Auto Parts, Inc. 401(k) Plan and were removed as of September 3, 2008. According to Section 411(d)(6) of the Internal Revenue Code, the
benefit(s) described below shall be available to Plan Participants who were former participants of the Bodymaster Auto Parts, Inc. 401(k) Plan and who had an account balance on that date (or the date of adoption, if later). The protected benefit(s)
only apply to Participants or to the value of their accounts as of that date (adjusted for earnings or losses since that date) as described below. 
  

					
	 Protected Benefit
	  	 Description
	  	 Operation

	Definition of Totally and Permanently Disabled	  	Disability was determined by a certified physician selected by the Plan Administrator or allowed if the Participant received benefits under Title II of the Federal Social Security
Act (but excluded reasons of self-infliction, military – if receiving government pension, unlawful acts or excessive intoxicants.)	  	Participants who are disabled according to the plan’s definition prior to the amendment effective date will continue to be considered disabled under the amended definition.
Participants who are not disabled as of the effective date of the amendment must meet the definition in the plan as of the date of their disability.

  

					
	RESTATEMENT JANUARY 1, 2010	 	82	 	ADDENDUM (4-52549)-2

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