Document:

EX-4.5

 Exhibit 4.5 
 M&I RETIREMENT PROGRAM 
 (As amended and restated effective January 1,
2007) 

 M&I RETIREMENT PROGRAM 

(Amended and Restated Effective January 1, 2007) 
 Table of Contents 
  

							
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	ARTICLE I	  	DEFINITION OF TERMS	  	2
				
		  	1.01	  	“Account”	  	2
		  	1.02	  	“Affiliated Employer” or “Affiliates”	  	8
		  	1.03	  	“Anniversary Date”	  	9
		  	1.04	  	“Annual Pay”	  	9
		  	1.05	  	“Beneficiary”	  	9
		  	1.06	  	“Break in Service”	  	9
		  	1.07	  	“Code”	  	10
		  	1.08	  	“Disability”	  	10
		  	1.09	  	“Eligibility Service”	  	11
		  	1.10	  	“Employee”	  	11
		  	1.11	  	“Employer” or “M&I”	  	11
		  	1.12	  	“ERISA”	  	11
		  	1.13	  	“Fund”	  	11
		  	1.14	  	“Gross Annual Pay”	  	11
		  	1.15	  	“Hour of Service”	  	13
		  	1.16	  	“Participant”	  	14
		  	1.17	  	“Payroll Disbursement Date”	  	14
		  	1.18	  	“Payroll Savings Contributions”	  	14
		  	1.19	  	“Plan Administrator”	  	14
		  	1.20	  	“Plan Year”	  	14
		  	1.21	  	“Profit Sharing Plan”	  	14
		  	1.22	  	“Qualifying Employer Security” or “Employer Stock”	  	14
		  	1.23	  	“Retirement Date”	  	14
		  	1.24	  	There is no Section 1.24	  	14
		  	1.25	  	“Salary Redirection Contributions”	  	14
		  	1.26	  	“Trust”	  	14
		  	1.27	  	“Trustee”	  	14
		  	1.28	  	“Valuation Date”	  	14
		  	1.29	  	“Vesting Service”	  	15
		  	1.30	  	“Voluntary Contributions”	  	15
			
	ARTICLE II	  	PARTICIPATION	  	16
				
		  	2.01	  	Eligibility to Participate	  	16
		  	2.02	  	Cessation of Participation and Reinstatement	  	16
		  	2.03	  	Acquisitions	  	16

  
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	ARTICLE III	  	PROFIT-SHARING CONTRIBUTIONS AND ALLOCATIONS TO PARTICIPANTS’ ACCOUNTS	  	22
				
		  	3.01	  	Profit-Sharing Contributions	  	22
		  	3.02	  	Make-Up Contribution of Participating Employer	  	22
		  	3.03	  	Allocation of Profit-Sharing Contributions	  	22
		  	3.04	  	Form of Contributions	  	22
			
	ARTICLE IV	  	AUTOMATIC CONTRIBUTIONS	  	23
				
		  	4.01	  	Prior to 2002	  	23
		  	4.02	  	After 2001	  	23
			
	ARTICLE V	  	PARTICIPANTS’ SALARY REDIRECTION CONTRIBUTIONS	  	25
				
		  	5.01	  	Salary Redirection Contributions	  	25
		  	5.02	  	Changes in Amount of Contributions	  	25
		  	5.03	  	Transfers to Trust	  	25
		  	5.04	  	Allocation of Participants’ Salary Redirection Contributions	  	26
		  	5.05	  	Nonforfeitability	  	26
		  	5.06	  	Limitations	  	26
		  	5.07	  	Catch-Up Contributions	  	26
			
	ARTICLE VI	  	EMPLOYER’S INCENTIVE CONTRIBUTIONS	  	28
				
		  	6.01	  	Rate of Contributions	  	28
		  	6.02	  	Determination of Amount	  	28
		  	6.03	  	When Contributions Are Made	  	28
		  	6.04	  	Allocation Requirement	  	28
		  	6.05	  	Manner of Allocation of Employer’s Incentive Contributions	  	28
		  	6.06	  	Rollover Amounts	  	29
			
	ARTICLE VII	  	LIMITATIONS ON ANNUAL ADDITIONS	  	30
				
		  	7.01	  	General Rule	  	30
		  	7.02	  	Adjustment of Limitations	  	30
		  	7.03	  	Definitions and Rules	  	30
		  	7.04	  	Reallocation	  	31
		  	7.05	  	Code Section 415	  	31
			
	ARTICLE VIII	  	VESTING	  	32
				
		  	8.01	  	Full Vesting Dates In Profit-Sharing and Money Purchase Pension Employer Contribution Accounts	  	32

  
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		  	8.02	  	Vesting Schedule Applicable to Profit Sharing and Money Purchase Pension Employer Contribution Accounts	  	32
		  	8.03	  	Other Accounts	  	33
		  	8.04	  	Election of Former Vesting Schedule	  	33
		  	8.05	  	Forfeitures	  	34
		  	8.06	  	Resumption of Participation	  	35
			
	ARTICLE IX	  	DISTRIBUTIONS	  	36
				
		  	9.01	  	Retirement	  	36
		  	9.02	  	Death	  	38
		  	9.03	  	Termination of Employment Before Retirement	  	40
		  	9.04	  	Code Requirements	  	41
		  	9.05	  	Benefits Only from Fund	  	41
		  	9.06	  	Valuation for Distribution	  	41
		  	9.07	  	Timing of Distribution	  	41
		  	9.08	  	Partial Distributions	  	41
			
	ARTICLE X	  	WITHDRAWALS	  	42
				
		  	10.01	  	Withdrawals by Participant	  	42
		  	10.02	  	Financial Hardship Withdrawal of Voluntary Contributions, Payroll Savings Contributions, Matched and Unmatched Salary Redirection Contributions, Rollover Contributions, and Employer
Incentive Contributions Accounts	  	42
		  	10.03	  	Timing of Withdrawals	  	43
		  	10.04	  	Effect on Current Year’s Employer Incentive Contributions	  	44
		  	10.05	  	Restriction on Withdrawals	  	44
			
	ARTICLE XI	  	ADMINISTRATION	  	45
				
		  	11.01	  	Named Fiduciaries and Plan Administrators	  	45
		  	11.02	  	Powers of Administration	  	45
		  	11.03	  	Claim and Domestic Relations Order Review Procedure	  	46
			
	ARTICLE XII	  	RIGHTS OF PARTICIPANTS	  	47
				
		  	12.01	  	No Contract of Employment	  	47
		  	12.02	  	Restrictions as to Payees	  	47
		  	12.03	  	Merger, Consolidation or Transfer	  	47
			
	ARTICLE XIII	  	AMENDMENT AND TERMINATION	  	48
				
		  	13.01	  	Amendment	  	48

  
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		  	13.02	  	Termination	  	48
		  	13.03	  	Non-Reversion	  	48
			
	ARTICLE XIV	  	MISCELLANEOUS	  	50
				
		  	14.01	  	Legislation Governs	  	50
		  	14.02	  	Indemnification	  	50
		  	14.03	  	Construction	  	50
		  	14.04	  	Headings	  	50
		  	14.05	  	Non-Discrimination	  	50
		  	14.06	  	Absence of Guaranty	  	51
		  	14.07	  	Unclaimed Accounts	  	51
		  	14.08	  	Corporate Dispositions	  	51
		  	14.09	  	Reemployment Following Military Service	  	51
		  	14.10	  	Expenses	  	51
		  	14.11	  	Electronic Alternative to Writings	  	51
			
	ARTICLE XV	  	TOP-HEAVY PROVISIONS	  	52
				
		  	15.01	  	Application	  	52
		  	15.02	  	Determination of Top-Heavy Status	  	52
		  	15.03	  	Special Vesting, Minimum Contribution and Compensation Rules	  	52
		  	15.04	  	Top-Heavy Provisions	  	54
			
	ARTICLE XVI	  	INVESTMENTS	  	56
				
		  	16.01	  	Investment Committee	  	56
		  	16.02	  	Investment Funds	  	56
		  	16.03	  	Net Earnings	  	60
		  	16.04	  	Responsibility of Participant	  	61
		  	16.05	  	Statement to Participants	  	61
			
	ARTICLE XVII	  	VOTING EMPLOYER STOCK	  	62
			
	ARTICLE XVIII	  	DIRECT ROLLOVER	  	63
				
		  	18.01	  	General Rule	  	63
		  	18.02	  	Definitions	  	63
		  	18.03	  	$1,000 Rule	  	64
		  	18.04	  	Spousal distributions	  	64

  
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	ARTICLE XIX	  	LIMITATIONS ON MATCHED AND UNMATCHED SALARY REDIRECTION CONTRIBUTIONS AND EMPLOYER INCENTIVE CONTRIBUTIONS	  	65
				
		  	19.01	  	Deferral Percentage Test For Salary Redirection Contributions	  	65
		  	19.02	  	Salary Redirection Contributions Shall be Limited to Certain Maximum Amounts	  	66
		  	19.03	  	Restrictions on Salary Redirection Contributions to Satisfy Limitations	  	66
		  	19.04	  	Application of Amounts Which Would Have Been Salary Redirection Contributions but for Restriction	  	66
		  	19.05	  	Coordination of Salary Redirection Agreements	  	68
		  	19.06	  	Limitation on Salary Redirection Contributions	  	68
		  	19.07	  	Highly Compensated Participant	  	69
		  	19.08	  	Deferral Percentage Test for Employer Incentive Contributions	  	70
		  	19.09	  	Correction of Excess Employer Incentive Contributions	  	71
		  	19.10	  	Alternative Limitation	  	73
		  	19.11	  	Data Maintenance	  	73
		  	19.12	  	Incorporation by Reference	  	73
		  	19.13	  	Special Contributions	  	73
		  	19.14	  	Special Manner of Calculation of Tests	  	74
			
	ARTICLE XX	  	FORMER VALLEY ACCOUNTS	  	75
				
		  	20.01	  	In General	  	75
			
	ARTICLE XXI	  	FORMER SECURITY EMPLOYEES	  	76
			
	ARTICLE XXII	  	FORMER MSI PLAN ACCOUNTS	  	77
				
		  	22.01	  	In General	  	77
		  	22.02	  	Special Rules	  	77
			
	ARTICLE XXIII	  	FORMER ADVANTAGE PLAN ACCOUNTS	  	78
				
		  	23.01	  	In General	  	78
		  	23.02	  	Special Rules	  	78
			
	ARTICLE XXIV	  	FORMER SECURITY PLAN ACCOUNTS	  	80
				
		  	24.01	  	In General	  	80
		  	24.02	  	Special Rules	  	80

  
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	ARTICLE XXV	  	FORMER NATIONAL CITY PLAN ACCOUNTS	  	82
				
		  	25.01	  	In General	  	82
		  	25.02	  	Special Rules	  	82
			
	ARTICLE XXVI	  	FORMER DERIVION PLAN ACCOUNTS	  	84
				
		  	26.01	  	In General	  	84
		  	26.02	  	Special Rules	  	84
			
	ARTICLE XXVII	  	ROTH ELECTIVE DEFERRALS	  	86
				
		  	27.01	  	Code Section 402A	  	86
		  	27.02	  	Roth Elective Deferrals are permitted	  	86
		  	27.03	  	Roth Elective Deferrals	  	86
		  	27.04	  	Ordering Rules for Distribution	  	86
		  	27.05	  	Corrective Distributions Attributable to Roth Elective Deferrals	  	86
		  	27.06	  	Rollovers	  	87
		  	27.07	  	Operational Compliance	  	87
			
	ARTICLE XXVIII	  	ESOP	  	88
				
		  	28.01	  	In General	  	88
		  	28.02	  	Ongoing Contributions to ESOP	  	88
		  	28.03	  	Voting Employer Stock	  	90
		  	28.04	  	Dividends	  	90
		  	28.05	  	ESOP Account Investment	  	91
		  	28.06	  	Diversification of Investments for Qualified Participants	  	91
		  	28.07	  	Stock Bonus ESOP	  	92
		  	28.08	  	Distributions from ESOP Account	  	92
		  	28.09	  	Restriction	  	93
			
	ARTICLE XXIX	  	GUST	  	94
				
		  	29.01	  	GUST Amendments for Merged Plans	  	94
		  	29.02	  	The Merged Plans	  	94
			
	ARTICLE XXX	  	FORMER CENTURY PLAN ACCOUNTS	  	95
				
		  	30.01	  	In General	  	95
		  	30.02	  	Special Rules	  	95
			
	ARTICLE XXXI	  	FORMER RICHFIELD PLAN ACCOUNTS	  	97
				
		  	31.01	  	In General	  	97

  
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		  	31.02	  	Special Rules	  	97
			
	ARTICLE XXXII	  	FORMER PAYTRUST PLAN ACCOUNTS	  	99
				
		  	32.01	  	In General	  	99
		  	32.02	  	Special Rules	  	99
			
	ARTICLE XXXIII	  	FORMER MVBI PLAN ACCOUNTS	  	101
				
		  	33.01	  	In General	  	101
		  	33.02	  	Special Rules	  	101
			
	ARTICLE XXXIV	  	FORMER AFS ACCOUNTS	  	102
				
		  	34.01	  	In General	  	102
		  	34.02	  	Special Rules	  	102
			
	ARTICLE XXXV	  	FORMER MBI ACCOUNTS	  	104
				
		  	35.01	  	In General	  	104
		  	35.02	  	Special Rules	  	104
			
	ARTICLE XXXVI	  	FORMER GHR ACCOUNTS	  	106
				
		  	36.01	  	In General	  	106
		  	36.02	  	Special Rules	  	106
			
	ARTICLE XXXVII	  	FORMER BRASFIELD ACCOUNTS	  	108
				
		  	37.01	  	In General	  	108
		  	37.02	  	Special Rules	  	108
			
	ARTICLE XXXVIII	  	FORMER L2G ACCOUNTS	  	110
				
		  	38.01	  	In General	  	110
		  	38.02	  	Special Rules	  	110
			
	ARTICLE XXXIX	  	FORMER ADMINISOURCE ACCOUNTS	  	112
				
		  	39.01	  	In General	  	112
		  	39.02	  	Special Rules	  	112
			
	 ARTICLE XL
	  	FORMER GOLD BANC ACCOUNTS	  	114
				
		  	40.01	  	In General	  	114

  
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		  	40.02	  	Special Rules	  	114
			
	ARTICLE XLI	  	GOLD BANC ESOP TRANSFER ACCOUNTS	  	117
				
		  	41.01	  	In General	  	117
		  	41.02	  	Special Rules	  	117
			
	ARTICLE XLII	  	VECTOR TRANSFER ACCOUNTS	  	118
				
		  	42.01	  	In General	  	118
		  	42.02	  	Special Rules	  	118
			
	ARTICLE XLIII	  	FORMER VICOR ACCOUNTS	  	120
				
		  	43.01	  	In General	  	120
		  	43.02	  	Special Rules	  	120
			
	ARTICLE XLIV	  	FORMER EXCEL BANC ESOP ACCOUNTS	  	122
				
		  	44.01	  	In General	  	122
		  	44.02	  	Special Rules	  	122
			
	ARTICLE XLV	  	LOANS ROLLED INTO PLAN	  	124
				
		  	45.01	  	In General	  	124
		  	45.02	  	Special Rules Provided in Plan Articles	  	124
		  	45.03	  	Special Rules Where No Separate Article Exists	  	124
		  	45.04	  	Loan Balances Subject to This Article	  	124
			
	ARTICLE XLVI	  	MINIMUM DISTRIBUTION REQUIREMENTS	  	126
				
		  	46.01	  	General Rules	  	126
		  	46.02	  	Time and Manner of Distribution	  	126
		  	46.03	  	Required Minimum Distributions During Participant’s Lifetime	  	127
		  	46.04	  	Required Minimum Distributions After Participant’s Death	  	128
		  	46.05	  	Definitions	  	129
		  	46.06	  	Additional Provisions	  	130

  
 viii

 M&I RETIREMENT PROGRAM 

WHEREAS, Marshall & Ilsley Corporation maintains the M&I Retirement Program and wishes to restate the Program; 

NOW, THEREFORE, Marshall & Ilsley Corporation hereby restates the M&I Retirement Program to read as follows effective as of
January 1, 2007 (except where a different effective date for a particular provision is specifically set forth): 

  
 1 

 ARTICLE I 
 DEFINITION OF TERMS 
 1.01 “Account” shall mean records of the
following interests of a Participant in the Fund which shall be created and maintained by the Trustee for each Participant on the basis of information provided by the Plan Administrator: 

 

	 	(a)	“Profit-Sharing Employer Contribution Account” means the record of a Participant’s interest in the Fund attributable to Profit Sharing
Contributions, as described in Article III and, for years after 2001, attributable to contributions described in Article IV. 

  

	 	(b)	“Money Purchase Pension Employer Contribution Account” means the record of a Participant’s interest in the Fund attributable to Money Purchase
Pension Contributions made for years prior to 2002, as described in Article IV. 

  

	 	(c)	“Transfer Account” means the record of the Participant’s interest in the Fund, if any, attributable to the transfer of the amount, if any, of the
present value of his accrued benefits under the terminated defined benefit pension plan known as the M&I Retirement Plan. 

  

	 	(d)	“Payroll Savings Account” means the record of a Participant’s interest in the Trust attributable to his Payroll Savings Contributions and
Voluntary Contributions made prior to January 1, 1984. No new Payroll Savings Contributions have been permitted subsequent to December 31, 1983. 

  

	 	(e)	“Voluntary Contributions Account” means the record of a Participant’s interest in the Trust attributable to his own Voluntary Contributions made
subsequent to December 31, 1983 and prior to January 1, 1987 or to his voluntary contributions under a plan merged into this Plan. 

  

	 	(f)	“Incentive Contributions Account” means the record of a Participant’s interest in the Trust attributable to Employer Incentive Contributions. All
references to the Incentive Contributions Account shall apply also to the Post-1984 Incentive Contributions Account, unless in the context of such reference there is a separate reference to the Post-1984 Incentive Contributions Account specifying a
different rule for the Post-1984 Incentive Contributions Account. 

  

	 	(g)	“Post-1984 Incentive Contributions Account” means a sub-account of the Incentive Contribution Account constituting the record of a Participant’s
interest in the Trust attributable to Employer Incentive Contributions made with respect to a Participant’s Salary Redirection Contributions for the period subsequent to 1984. From and after January 1, 2002, this Account shall be a part of
the ESOP portion of the Plan and shall be a part of a Participant’s ESOP Account except to the extent otherwise provided in Article XXVIII. 

  
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	 	(h)    (1)	“Salary Redirection Contributions Account” means the record of a Participant’s interest in the Trust attributable to Salary Redirection
Contributions made by the Employer on his behalf pursuant to a salary redirection agreement. 

  

	 	(2)	“Roth Elective Deferral Account” means the record of a Participant’s interest in the Trust attributable to Roth Elective Deferrals made by the
Employer on his behalf pursuant to a deferral election described in Article XXVII. 

  

	 	(i)	“Rollover Account” means the record of a Participant’s interest in the Fund attributable to rollover contributions pursuant to Section 6.06.

  

	 	(j)	“Former Valley Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Valley
Bancorporation Thrift and Sharing Plan which was merged into this Plan effective June 1, 1994. A Participant’s Former Valley Plan Account consists of one or more of the following subaccounts: his Former Valley Employer Match Account,
Former Valley 401(k) Account, Former Valley Non-401(k) Account, Former Valley Pension Transfer Account and Former Valley ESOP Account (including his Former Valley PAYSOP Account, if any). 

 

	 	(k)	“Former MSI Plan Account” means the record of Participant’s interest in the Plan attributable to his account in the former Mutual Services, Inc.
Tax Deferred Retirement Plan which was merged into this Plan effective October 1, 1998. A Participant’s Former MSI Plan Account consists of one or more of the following subaccounts: Former MSI Before Tax Savings Account (holding 401(k)
contributions), Former MSI Profit Sharing Contribution Account (holding profit sharing contributions made by MSI), Former MSI Matching Contribution Account (holding matching contributions made by MSI), Former MSI Rollover Contribution Account
(holding rollover contributions to the MSI Plan) and Former MSI Voluntary Contribution Account (holding after tax voluntary contributions made to the former MSI Plan or plans merged into the former MSI Plan). 

 

	 	(l)	“Former Advantage Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Advantage
Bancorp, Inc. Employees’ Profit-Sharing and Savings Retirement Plan (the “Former Advantage Plan”) which was merged into this Plan on or about September 1, 1998. A Participant’s Former Advantage Plan Account consists of one
or more of the following subaccounts: Former Advantage Savings Account (holding 401(k) contributions), Former Advantage Profit-Sharing Contribution Account (holding profit sharing contributions made by Advantage), Former Advantage Matching
Contribution Account (holding matching contributions made by Advantage) and Former Advantage Rollover Contribution Account (holding rollover contributions to the Former Advantage Plan). 

  
 3 

	 	(m)	“Former Security Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Security 401(k)
Plan (the “Former Security Plan”) which was merged into this Plan on or about October 1, 1998. A Participant’s Former Security Plan Account consists of one or more of the following subaccounts: Former Security Deferral
Contribution Account (holding 401(k) contributions), Former Security Profit-Sharing Contribution Account (holding profit sharing contributions made by Security), Former Security Matching Contribution Account (holding matching contributions made by
Security) and Former Security Rollover Contribution Account (holding rollover contributions to the Former Security Plan). 

  

	 	(n)	“Former National City Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former National
City Bancorporation Incentive Savings Plan (the “Former National City Plan”) merged into this Plan effective December 31, 2001. A Participant’s Former National City Plan Account consists of one or more of the following
subaccounts: Former National City Deferral Contributions and Qualified Non-Elective Contributions Accounts (holding 401(k) contributions), Former National City Employer Contributions Account (holding profit sharing contributions made by National
City), Former National City Matching Contribution Account (holding matching contributions made by National City) and Former National City Rollover Contributions Account (holding rollover contributions to the Former National City Plan).

  

	 	(o)	“Former Derivion Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Derivion
Corporation 401(k) Plan (the “Former Derivion Plan”) which was merged into this Plan effective December 31, 2001. A Participant’s Former Derivion Plan Account consists of one or more of the following subaccounts: Former Derivion
Deferral Contribution Account (holding 401(k) contributions), Former Derivion Profit-Sharing Contribution Account (holding profit-sharing contributions made by Derivion), Former Derivion Matching Contribution Account (holding matching contributions
made by Derivion) and Former Derivion Rollover Contribution Account (holding rollover contributions to the Former Derivion Plan). 

  

	 	(p)	“Merged Plan Account” means the record of a Participant’s interest in the Plan attributable to his account or accounts which have been merged into
the Plan from other plans (including the former plan accounts described in paragraphs 1.01(j) through (o) and (r) through (ff) originally sponsored by organizations unrelated to Marshall & Ilsley Corporation until acquired by
Marshall & Ilsley Corporation. The Merged Plan Account shall consist of such subaccounts as are necessary to preserve separate records for the various types of contributions made to such merged plans, e. g., after-tax contributions of
employees, pre-tax 401(k) contributions, matching contributions, etc. 

  

	 	(q)	 “ESOP Account” means the record of a Participant’s interest in the Fund held in the ESOP portion of the Plan. Notwithstanding the
existence of separate ESOP 

  
 4 

	 	
and non-ESOP portions of the Plan, the components of the Plan shall constitute a “single plan” for purposes of Code Section 414(l); the transfer of assets among components of the
Plan shall constitute intraplan transfers and shall not be considered spinoffs, mergers or transfers under Code Section 414(l). 

  

	 	(r)	“Former Century Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Century Bank,
N.A. 401(k) Profit Sharing Plan (the “Former Century Plan”) which was merged into this Plan. A Participant’s Former Century Plan Account consists of one or more of the following subaccounts: Former Century Deferral Contribution
Account (holding 401(k) contributions), Former Century Profit-Sharing Contribution Account (holding profit-sharing contributions made by Century), Former Century Matching Contribution Account (holding matching contributions made by Century) and
Former Century Rollover Contribution Account (holding rollover contributions to the Former Century Plan), and/or such other subaccounts as the Plan Administrator deems reasonable or necessary for the proper administration of the Plan.

  

	 	(s)	“Former Richfield Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Richfield State
Agency, Inc. 401(k) Profit Sharing Plan (the “Former Richfield Plan”) which was merged into this Plan. A Participant’s Former Richfield Plan Account consists of one or more of the following subaccounts: Former Richfield Deferral
Account (holding 401(k) contributions), Former Richfield Safe-Harbor Account (holding “safe harbor” non-elective contributions), Former Richfield Profit Sharing Contribution Account (holding profit sharing contributions made by Richfield),
Former Richfield Matching Contributions Account (holding matching contributions made by Richfield), Former Richfield Rollover Contributions Account (holding rollover contributions to the Richfield Plan), and/or such other subaccounts as the Plan
Administrator deems reasonable or necessary for the proper administration of the Plan. 

  

	 	(t)	“Former Paytrust Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Paytrust, Inc.
401(k) Retirement Plan (the “Former Paytrust Plan”) which was merged into this Plan. A Participant’s Former Paytrust Plan Account consists of one or more of the following subaccounts: Former Paytrust Elective Deferral Account (holding
401(k) contributions), Former Paytrust Profit Sharing Account (holding employer discretionary profit sharing contributions), Former Paytrust Matching Contributions Account (holding matching contributions), Former Paytrust Rollover Contribution
Account (holding rollover contributions), and/or such other subaccounts as the Plan Administrator deems reasonable or necessary for the proper administration of the Plan. 

 

	 	(u)	 “Former MVBI Plan Account” means the record off a Participant’s interest in the Plan attributable to his account in the former
Second Amendment and Restatement of the Southwest Bank 401(k) Retirement Savings Plan (the “Former 

  
 5 

	 	
MVBI Plan”) which was merged into this Plan. A Participant’s Former MVBI Plan Account consists of one or more of the following subaccounts: Former MVBI Employee Savings Contributions
Account (holding 401(k) contributions), Former MVBI Matching Contributions Account (holding matching contributions), Former MVBI Voluntary Contributions Account (holding participant voluntary after-tax contributions), Former MVBI Rollover
Contribution Account (holding rollover contributions) and/or such other subaccounts as the Plan Administrator deems reasonable or necessary for the proper administration of Plan. 

 

	 	(v)	“Former AFS Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Advanced Financial
Solutions, Inc. 401(k) Plan (the “Former AFS Plan”) which was merged into this Plan. A Participant’s Former AFS Plan Account consists of one or more of the following subaccounts: Former AFS Deferral Contributions Account (holding
401(k) contributions), Former AFS Matching Contributions Account (holding matching contributions), Former AFS Nonelective Contributions Account (holding nonelective contributions), Former AFS Voluntary Contributions Account (holding participant
voluntary after-tax contributions), Former AFS Rollover Contributions Account (holding rollover contributions), and/or such other subaccounts as the Plan Administrator deems reasonable or necessary for the proper administration of the Plan.

  

	 	(w)	“Former MBI Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former 401(k) Retirement
Plan Med*i*Bank, Inc. (the “Former MBI Plan”) which was merged into this Plan. A Participant’s Former MBI Plan Account consists of one or more of the following subaccounts: Former MBI Deferral Contributions Account (holding 401(k)
contributions), Former MBI Matching Contributions Account (holding matching contributions), Former MBI Nonelective Contributions Account (holding nonelective contributions), Former MBI Voluntary Contributions Account (holding participant voluntary
after-tax contributions), Former MBI Rollover Contributions Account (holding rollover contributions), and/or such other subaccounts as the Plan Administrator deems reasonable or necessary for the proper administration of the Plan.

  

	 	(x)	“Former GHR Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former GHR Systems, Inc.
401(k) Profit Sharing Plan & Trust (the “Former GHR Plan”) which was merged into this Plan. A Participant’s Former GHR Plan Account consists of one or more of the following subaccounts: Former GHR Deferral Contributions
Account (holding 401(k) contributions), Former GHR Matching Contributions Account (holding matching contributions), Former GHR Nonelective Contributions Account (holding nonelective contributions), Former GHR Voluntary Contributions Account (holding
participant voluntary after-tax contributions), Former GHR Rollover Contributions Account (holding rollover contributions), and/or such other subaccounts as the Plan Administrator deems reasonable or necessary for the proper administration of the
Plan. 

  
 6 

	 	(y)	“Former Brasfield Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in The Brasfield 401(k) Plan
(as heretofore in existence) (the “Former Brasfield Plan”) which was merged into this Plan. A Participant’s Former Brasfield Plan Account consists of one or more of the following subaccounts: Former Brasfield Deferral Contributions
Account (holding 401(k) contributions), Former Brasfield Matching Contributions Account (holding matching contributions), Former Brasfield Nonelective Contributions Account (holding nonelective contributions), Former Brasfield Voluntary
Contributions Account (holding participant voluntary after-tax contributions), Former Brasfield Rollover Contributions Account (holding rollover contributions), and/or such other subaccounts as the Plan Administrator deems reasonable or necessary
for the proper administration of the Plan. 

  

	 	(z)	“Former L2G Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Link2Gov 401(k)
Profit Sharing Plan and Trust (the “Former L2G Plan”) which was merged into this Plan. A Participant’s Former L2G Plan Account consists of one or more of the following subaccounts: Former L2G Deferral Contributions Account (holding
401(k) contributions), Former L2G Matching Contributions Account (holding matching contributions), Former L2G Nonelective Contributions Account (holding nonelective contributions), Former L2G Voluntary Contributions Account (holding participant
voluntary after-tax contributions), Former L2G Rollover Contributions Account (holding rollover contributions), and/or such other subaccounts as the Plan Administrator deems reasonable or necessary for the proper administration of the Plan.

  

	 	(aa)	“Former Adminisource Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Adminisource
Profit Sharing Plan & Trust (the “Former Adminisource Plan”) which was merged into this Plan. A Participant’s Former Adminisource Plan Account consists of one or more of the following subaccounts: Former Adminisource Deferral
Contributions Account (holding 401(k) contributions), Former Adminisource Matching Contributions Account (holding matching contributions), Former Adminisource Nonelective Contributions Account (holding nonelective contributions), Former Adminisource
Voluntary Contributions Account (holding participant voluntary after-tax contributions), Former Adminisource Rollover Contributions Account (holding rollover contributions), and/or such other subaccounts as the Plan Administrator deems reasonable or
necessary for the proper administration of the Plan. 

  

	 	(bb)	“Former Gold Banc Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Gold Banc
Corporation, Inc. Employees’ 401(k) Plan (the ‘‘Former Gold Banc Plan”) which was merged into this Plan. A Participant’s Former Gold Banc Plan Account consists of one or more of the following subaccounts: Former Gold Banc
Deferral Contributions Account (holding 401(k) contributions), Former Gold Banc Matching Contributions Account (holding matching contributions), Former Gold Banc Nonelective Contributions Account (holding nonelective contributions), Former

  
 7 

 Gold Banc Voluntary Contributions Account (holding participant voluntary after-tax
contributions), Former Gold Banc Rollover Contributions Account (holding rollover contributions), and/or such other subaccounts as the Plan Administrator deems reasonable or necessary for the proper administration of the Plan. 

 

	 	(cc)	“Gold Banc ESOP Transfer Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Gold Banc
Corporation, Inc. Employee Stock Ownership Plan (the “Gold Banc ESOP”) from which balances have been transferred. 

  

	 	(dd)	“Vector Transfer Account” means the record of a Participant’s interest in the Plan attributable to his account in the former VECTORsgi, Inc.
Savings and Security Plan (the “Former Vector Plan”) from which balances have been transferred. 

  

	 	(ee)	“Former VICOR Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former VICOR, Inc. 401(k)
Plan (the “Former VICOR Plan”) which was merged into this Plan. A Participant’s Former VICOR Plan Account consists of one or more of the following subaccounts: Former VICOR Deferral Contributions Account (holding 401(k)
contributions), Former VICOR Matching Contributions Account (holding matching contributions), Former VICOR Nonelective Contributions Account (holding nonelective contributions), Former VICOR Voluntary Contributions Account (holding participant
voluntary after-tax contributions), Former VICOR Rollover Contributions Account (holding rollover contributions), and/or such other subaccounts as the Plan Administrator deems reasonable or necessary for the proper administration of the Plan.

  

	 	(ff)	“Former Excel Bank ESOP Account” means the record of a Participant’s interest in the Plan attributable to his account in the former Excel Bank
Employee Stock Ownership Plan (the “Former Excel Bank ESOP”) which was merged into this Plan. A Participant’s Former Excel Bank ESOP Account consists of one or more of the following subaccounts: Former Excel Bank ESOP Employer
Contributions Account (holding nonelective contributions), Former Excel Bank ESOP Rollover Contributions Account (holding rollover contributions), and/or such other subaccounts as the Plan Administrator deems reasonable or necessary for the proper
administration of the Plan. 

 1.02 “Affiliated Employer” or “Affiliates” means each
corporation which is included as a member of a controlled group with Marshall & Ilsley Corporation, and trades or businesses, whether or not incorporated, which are under common control by or with Marshall & Ilsley Corporation
within the meanings of Sections 414(b) and (c) of the Internal Revenue Code, or any amendments thereof, except that for purposes of the limitations set forth in Article VII, the terms shall also include trades or businesses on the basis of a
more than 50% test rather then an 80% test. Further, the term shall include any members of the same “affiliated service group” within the meaning of Code Section 414(m) or deemed as such pursuant to regulations under Code
Section 414(o). 

  
 8 

	 	1.03	“Anniversary Date” means the last day of each Plan Year. 

  

	 	1.04	“Annual Pay” means: 

  

	 	(a)	The total of all amounts paid or payable to an Employee during a specified Plan Year treated as “wages” for purposes of income tax withholding under Internal
Revenue Code Section 3401 and all other payments of compensation by the Company to the Employee during the Plan Year for which the Company is required to furnish the Employee a written statement under Code Sections 6041(d), 6051(a)(3) and 6052;
but determined without regard to any rules that limit the remuneration included in wages based on the nature or location of the employment for the services performed (such as the exception for agricultural labor in Internal Revenue Code
Section 3401(a)(2)) and reduced by all of the following items (even if includable in gross income): reimbursements or other expense allowances, fringe benefits (cash and non-cash), moving expenses, deferred compensation and welfare benefits. No
more than $200,000 of Annual Pay shall be taken into account in any Plan Year. The dollar amount under the foregoing limit shall automatically adjust when permissible in accordance with regulations promulgated by the Secretary of the Treasury.

  

	 	(b)	“Annual Pay” shall not include severance pay. 

 1.05 “Beneficiary” means any one or more primary or contingent beneficiaries designated by the Participant to receive any benefits payable under this Plan on or after the
Participant’s death; except the Participant’s surviving spouse, if any, shall be deemed designated as his Beneficiary for 100% of his Account balances under the Plan despite any attempted designation to the contrary, unless the designation
of a non-spouse is made in accordance with the procedures set forth in Section 9.02 (or the Participant can establish to the satisfaction of the Administrator that consent cannon be obtained because the Participant’s spouse cannot be
located or such other circumstances as may be provided by applicable government regulations). Subject to the foregoing, each Participant shall be permitted to name, change or revoke his designation of his Beneficiary in writing on a form and in the
manner prescribed by the Plan Administrator. The designation on file with the Plan at the time of a Participant’s death shall be controlling. Should a Participant fail to make a valid Beneficiary designation or leave no named Beneficiary
surviving, any benefits due shall be paid to such Participant’s spouse, if living; or if not living, then in equal shares to any children (including adopted children) surviving such Participant and to the descendants then living of a deceased
child by right of representation. If such Participant leaves no named Beneficiary, spouse, children or descendants of children surviving, then any benefits due shall be paid to such Participant’s estate. If at the time of a Participant’s
death his designated Beneficiary is an individual who had been the spouse of the Participant at the time the Beneficiary designation was filed with the Employer but from whom the Participant had subsequently become divorced and if the Participant
had not filed a new Beneficiary designation form subsequent to the divorce, then the Participant shall be treated as though the Participant had failed to make a valid Beneficiary designation or had left no named Beneficiary surviving. 

1.06 “Break in Service” means: 

  
 9 

	 	(a)	Any Plan Year ending after termination of employment during which the Employee does not complete an aggregate of more than 500 Hours of Service with any of the Employer
and any Affiliated Employers. 

  

	 	(b)	No termination of employment shall be deemed to occur, and hence no Break in Service shall be deemed commenced, by reason of the commencement, after 1984 of any
maternity or paternity absence, as such absences are defined in paragraph 202(b)(5) of ERISA, and, solely for the purpose of determining whether or not a Break in Service subsequently occurs under this Plan, up to 501 nonperformance Hours of Service
shall be credited during the continuation of such absence, either in the Plan Year of its commencement if a One Year Break in Service otherwise would occur in that year, or, if not, then in the following Plan Year. Such Hours of Service shall be
credited at the same rate as normally would occur but for such absence, or, in the case of uncertainty, at the rate of eight hours of service per day of absence. If the Participant does not return to the performance of duties for the Employer or for
an Affiliated Employer by the first business day of the first Plan Year after such nonperformance hours are credited, then a termination of employment may be deemed to have occurred either on that date or on such later date as any authorized leave
of absence given in connection with or during the maternity or paternity absence shall have ended without return of the Participant to such active duties. Nothing in this Section shall be understood to establish or alter any Employer policy with
respect to maternity or paternity leaves for any purpose other than the determination of Breaks in Service under this Plan. 

  

	 	(c)	For purposes of this Section 1.06, maternity or paternity leave shall mean absence from work for any period: 

 

	 	(i)	by reason of pregnancy of the individual, 

  

	 	(ii)	by reason of the birth of a child of the individual, 

  

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

 

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

1.07 “Code” means the Internal Revenue Code, as amended. 

1.08 “Disability” means with respect to a Participant a mental or physical condition which, as determined by the Plan
Administrator in its discretion on the basis of medical evidence satisfactory to the Plan Administrator, renders him totally and permanently unable to work for compensation or profit at any work for which he is reasonably fitted. It is recognized
that an individual may be considered to be disabled within the meaning of Section 2.02(a) of the Marshall & Ilsley Corporation Long Term Disability Income Plan and yet at the same time will not be considered to have a Disability for
purposes of this Plan. 

  
 10 

 1.09 “Eligibility Service” means service relevant to an Employee’s
eligibility to participate. An individual shall be said to have completed one year of Eligibility Service on the last day of the 12 month period beginning on the individual’s employment commencement date with the Employer or an Affiliated
Employer if the individual remains employed with the Employer or an Affiliated Employer on such last day. 
 1.10
“Employee” means any person who is in the employ of the Employer, provided, however, that “Employee” shall not include Inroads employees, co-op employees, or intern employees. Notwithstanding any other provision of this
Plan to the contrary, no individual shall be covered hereunder while classified other than as an eligible “Employee” by the Employer with respect to its payroll practices (including, but not limited to, an independent contractor or an
employee of an independent contractor, a consultant or a temporary help agency worker) during the period of such classification, regardless of any subsequent reclassification arising as a matter of law or otherwise. “Leased Employees”
within the meaning of Internal Revenue Code Section 414(n) shall not be eligible to participate in this Plan, although the Employer will treat them as though they were the Employer’s employees for purposes of testing compliance with
coverage tests under Code Section 410. For purposes of this Section 1.10, a Leased Employee, as defined in Code Section 414(n), is 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 Internal Revenue 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 the recipient’s primary direction or control. The term “Employee” shall not include any individual whose services are performed outside the
United States unless such individual is a United States citizen. 
 1.11 “Employer” or “M&I”
means Marshall & Ilsley Corporation and any Affiliated Employer which has been designated by Marshall & Ilsley Corporation, through actions of its Board of Directors or any other person authorized by the Board to take such action,
as a participating Employer, provided, however, that for purposes of the power to amend the Plan or to terminate the Plan in whole or in part, Employer shall refer only to Marshall & Ilsley Corporation. Any participating Employer shall have
the right to terminate participation in the Plan with respect to its Employees. 
 1.12 “ERISA” means the
Employee Retirement Income Security Act of 1974; as amended. 
 1.13 “Fund” means all assets and their earnings
which are held in the Trust which constitutes the funding vehicle hereunder. The general Fund shall be invested by the Trustee in component Investment Funds in such proportions as shall be directed by the Investment Committee, as provided in Article
XVI. 
 1.14 “Gross Annual Pay” means the amount which a Participant would have received as Annual Pay in the
absence of any salary redirection pursuant to election under Article V and in the absence of salary redirection pursuant to the M&I Flexible Benefits Plan and in the absence of salary reduction pursuant to any other plan sponsored by an Employer
satisfying the requirements of Code Section 125, 401(k), 132(f)(4), 403(b) or 457. No more than $200,000 of Gross Annual Pay shall be taken into account in any Plan Year. The dollar amount under the 

  
 11 

 foregoing limit shall automatically adjust when permissible in accordance with regulations promulgated by
the Secretary of the Treasury. For purposes of calculating the amount of contributions to be made on behalf of an Employee pursuant to Articles III, IV or VI in the year the Employee first becomes a Participant as described in Section 2.01(c),
only the portion of the Employee’s Annual Pay and Gross Annual Pay payable on Payroll Disbursements Dates on or after the date the Employee becomes a Participant for purposes of that Article shall be taken into account for purposes of
determining the contributions to be made on his behalf and allocated to him hereunder. For purposes of calculating deferral percentages under Article XIX, Gross Annual Pay shall be calculated as though the offset in Section 1.04, for
reimbursements or other expense allowances, fringe benefits (cash and non-cash), moving expenses, deferred compensation and welfare benefits did not exist. Further, for purposes of calculating deferral percentages under Article XIX, Gross Annual Pay
shall be calculated under such other definition as may be selected by the Plan Administrator for a particular Plan Year, provided that such definition complies with Code Section 414(s) and is subject to the dollar limitation described above.

 Notwithstanding anything in the Plan to the contrary, for purposes of determining the portion of a Participant’s Gross
Annual Pay deferrable into the Plan as a Salary Redirection Contribution, the amount of any Employer Incentive Contributions on any Salary Redirection Contributions, and the amount of any allocations of Profit-Sharing contributions, “Gross
Annual Pay” shall exclude the value of the One Cent Club Award and the Metavante Rewards Success issued to Participants in December, 2003. 
 Notwithstanding anything in the Plan to the contrary, for purposes of determining the amount of any Employer Incentive Contributions on any Salary Redirection Contributions and the amount of any
allocations of Profit-Sharing Contributions, “Gross Annual Pay” shall exclude the value of Kirchman Holiday Bonuses and appreciation awards under any program intended for the benefit of a spouse of an Employee that are issued to
Participants on and after December 1, 2004. 
 Notwithstanding anything in the Plan to the contrary, for purposes of
determining the portion of a Participant’s Gross Annual Pay deferrable into the Plan as a Salary Redirection Contribution, “Gross Annual Pay” shall exclude the value of Metavante Rewards Success and Great Results Awards issued
to Participants on and after December 30, 2004. 
 Notwithstanding anything in the Plan to the contrary, for purposes of
determining the amount of any Employer Incentive Contributions on any Salary Redirection Contributions and the amount of any allocations of Profit-Sharing Contributions, “Gross Annual Pay” shall exclude the value of Thanks a Billion
award delivered to Participants on and after January 27, 2006 at 9:30 a.m. 
 Notwithstanding anything in the Plan to the
contrary, for purposes of determining the portion of a Participant’s Gross Annual Pay deferrable into the Plan as a Salary Redirection Contribution, “Gross Annual Pay” shall exclude the value of Thanks a Billion award delivered
to Participants on and after January 27, 2006 at 9:30 a.m. 

  
 12 

 Notwithstanding anything in the Plan to the contrary, for purposes of determining the amount
of any Employer Incentive Contributions on any Salary Redirection Contributions and the amount of any allocations of Profit-Sharing Contributions, “Gross Annual Pay” shall exclude the value of Working as a Team award delivered to
Participants on and after January 27, 2006 at 9:30 a.m. 
 Notwithstanding anything in the Plan to the contrary, for
purposes of determining the portion of a Participant’s Gross Annual Pay deferrable into the Plan as a Salary Redirection Contribution, “Gross Annual Pay” shall exclude the value of Working as a Team award delivered to
Participants on and after January 27, 2006 at 9:30 a.m. 
 Notwithstanding anything in the Plan to the contrary, for
purposes of determining the amount of any Employer Incentive Contributions on any Salary Redirection Contributions and the amount of any allocations of Profit-Sharing Contributions, “Gross Annual Pay” shall exclude the value of
Metavante Rewards Success award delivered to Participants on and after January 19, 2007. 
 Notwithstanding anything in the
Plan to the contrary, for purposes of determining the portion of a Participant’s Gross Annual Pay deferrable into the Plan as a Salary Redirection Contribution, “Gross Annual Pay” shall exclude the value of Metavante Rewards
Success award delivered to Participants on and after January 19, 2007. 
 Notwithstanding anything in the Plan to the
contrary, for purposes of determining the amount of any Employer Incentive Contributions on any Salary Redirection Contributions and the amount of any allocations of Profit-Sharing Contributions, “Gross Annual Pay” shall exclude the
value of Teamwork PAYS award delivered to Participants on and after January 19, 2007. 
 Notwithstanding anything in the
Plan to the contrary, for purposes of determining the portion of a Participant’s Gross Annual Pay deferrable into the Plan as a Salary Redirection Contribution, “Gross Annual Pay” shall exclude the value of Teamwork PAYS award
delivered to Participants on and after January 19, 2007. 
 1.15 “Hour of Service” means each hour for
which an individual is either directly or indirectly paid, or entitled to payment by the Employer or an Affiliated Employer, whether or not for the performance of duties for the Employer or an Affiliated Employer. Hours of Service shall include each
hour for which back pay, irrespective of mitigation of damages, has been either awarded or agreed upon. For individuals who are compensated other than on an hourly basis, the Plan Administrator may credit the individual with 95 Hours of Service for
each semi-monthly payroll period for which he receives Compensation. Further, the term “Hour of Service” shall include periods of time during which the individual is on an authorized leave of absence or layoff or during which his absence
is due to service in the Armed Forces of the United States while his re-employment rights with respect to such military service are guaranteed by law, with such periods of time to be credited at the rate of 95 Hours of Service for each semi-monthly
payroll period. Non-performance Hours of Service shall be determined and credited, and all Hours of Service shall be allocated to computation periods, in accordance with Department of Labor Regulations 2530.200b-2(b) and (c). No individual shall be
credited more than once with Hours of Service with respect to the same actual hours or weeks. 

  
 13 

 1.16 “Participant” means each Employee who qualifies to participate in the
Plan. 
 1.17 “Payroll Disbursement Date” means the date on which the Participant is customarily paid by the
Employer for services rendered. 
 1.18 “Payroll Savings Contributions” means the amount of savings a
Participant’s Annual Pay not in excess of 6% which he contributed to the Plan pursuant to Section 5.01 of the M&I Incentive Savings Plan as in effect prior to January 1, 1984 which was taken into account in the calculation of
Employer Contributions. No new Payroll Savings Contributions have been permitted subsequent to December 31, 1983. 
 1.19
“Plan Administrator” means Marshall & Ilsley Corporation. 
 1.20 “Plan Year” means
the twelve-month period on which the records of the Plan are maintained, which shall be the Employer’s fiscal year, currently the calendar year. 
 1.21 “Profit Sharing Plan” means the portions of the Plan which are not an ESOP. Employer contributions to the Plan shall be made regardless of the existence of profits. 

1.22 “Qualifying Employer Security” or “Employer Stock” means common stock of Marshall & Ilsley
Corporation notwithstanding any provision of the Trust to the contrary. 
 1.23 “Retirement Date” means an
Employee’s Normal Retirement Date, Early Retirement Date, or Disability Retirement Date, whichever is applicable, as follows: 
  

	 	(a)	“Normal Retirement Date” means the date when a Participant attains age 65. 

 

	 	(b)	“Early Retirement Date” means the date upon which a Participant has both attained age 55 and completed 10 years of Vesting Service. 

 

	 	(c)	“Disability Retirement Date” means the first day of the month following or coincident with the date on which a Participant is determined by the Employer to
have incurred a Disability. 

 1.24 There is no Section 1.24. 

1.25 “Salary Redirection Contributions” means the amount equal to a percentage of a Participant’s Gross Annual Pay
which is contributed on his behalf by the Employer pursuant to a salary redirection agreement in accordance with Article V. 

1.26 “Trust” means the trust created by the agreement between the Employer and the Trustee. 

1.27 “Trustee” means the person, persons or entity from time to time acting as Trustee or Trustees hereunder, which
currently is Marshall & Ilsley Trust Company. 
 1.28 “Valuation Date” means the last day of the Plan
Year and such other date or dates as the Plan Administrator and the Investment Committee may deem necessary or desirable. 

  
 14 

 1.29 “Vesting Service” means time spent by an Employee in the employment of
the Employer or an Affiliated Employer, which is relevant for purposes of determining the percentage of a Participant’s non-forfeitable or vested interest in his Accounts. Vesting Service shall equal the sum of Pre-1985 Service and Post-1985
Service, as set forth below: 
  

	 	(a)	Pre-1985 Service. 

  

	 	(i)	Each Employee who was a Participant in the M&I Retirement Plan shall be credited with Pre-1985 Service equal to his Vesting Service under the M&I Retirement
Plan through December 31, 1984. 

  

	 	(ii)	Each Employee who was not a Participant in the M&I Retirement Plan shall be credited with Pre-1985 Service equal to his years of employment with the Employer or an
Affiliated Employer, commencing with his most recent employment date, calculated on the basis of one full year of Vesting Service for each Plan Year prior to 1985 in which the Employee has completed 1 Hour of Service. 

 

	 	(b)	Post-1985 Service. 

Post-1985 Service means an Employee’s years of employment with the Employer or an Affiliated Employer, commencing with the later of
January 1, 1985 or his employment date until the date on which he quits, is discharged, retires, dies while employed by the Employer or an Affiliated Employer, or incurs a Break in Service, calculated on the basis of one full year of Vesting
Service for each Plan Year in which the Employee has completed 1000 Hours of Service. 
 For any person who first becomes
employed by the Employer or an Affiliated Employer as a result of a corporate acquisition (whether by asset purchase, stock purchase, merger or similar transaction), employment with the acquired business prior to such corporate acquisition shall be
taken into account as Vesting Service. 
 Notwithstanding the preceding paragraph, employment with Advantage Bancorp, Inc. (which
was merged with Marshall & Ilsley Corporation effective April 1, 1998) and affiliates rendered prior to April 1, 1998 shall from and after April 1, 1998 be treated as employment with Marshall & Ilsley Corporation.

 1.30 “Voluntary Contributions” means for years prior to 1984, “Voluntary Contributions” is the
amount of a Participant’s Annual Pay which he elected to contribute pursuant to Section 5.01 of the M&I Incentive Savings Plan as in effect prior to January 1, 1984 in excess of Payroll Savings Contributions. For years beginning
on or after January 1, 1984 and prior to January 1, 1987 “Voluntary Contributions” means the amount of a Participant’s Compensation which he elected to contribute to the Plan pursuant to Section 4.07 as then in effect.

  
 15 

 ARTICLE II 
 PARTICIPATION 
 2.01 Eligibility to Participate. 

 

	 	(a)	Each person who becomes an Employee shall be eligible to elect Salary Redirection Contributions pursuant to Article V immediately upon becoming a Employee.

  

	 	(b)	Each Employee who is a Group I Participant in the M&I Retirement Growth Plan or a Participant in the M&I Incentive Savings Plan on December 31, 1997 shall
be a Participant for purposes of Articles III, IV and VI hereunder. 

  

	 	(c)	Each other person who is or becomes an Employee shall become a Participant for purposes of Articles III, IV and VI on the later of (i) January 1, 1998,(ii)
the date upon which he completes one (1) year of Eligibility Service or (iii) the date upon which he becomes an Employee as defined in Section 1.10. However, any Employee in the Employer’s employ on January 1, 1998, whose
employment with the Employer has commenced prior to January 1, 1998 and who was not a Group I Participant in the M&I Retirement Growth Plan on December 31, 1997, shall be eligible as a Participant for purposes of Article III on the
date such person would become a Group I Participant under the terms of the M&I Retirement Growth Plan as in effect immediately prior to January 1, 1998. 

 2.02 Cessation of Participation and Reinstatement. If a Participant terminates employment with the Affiliated Employers he shall cease to be a Participant; provided, if he is re-employed as an
Employee, he shall be reinstated as a Participant as of his re-employment date. 
 2.03 Acquisitions. For any person who
first becomes employed by the Employer or an Affiliated Employer as a result of a corporate acquisition (whether by asset purchase, stock purchase, merger or similar transaction), employment with the acquired business prior to such corporate
acquisition shall not be taken into account for purposes of eligibility under this Article II until the January 1 following the acquisition and such person shall not be eligible as a Participant before such January 1 unless
Marshall & Ilsley Corporation, through action of its Board of Directors or any other person authorized by the Board to take such action, prior to that date provides that employment with the particular acquired business shall be taken into
account and permits eligibility prior to that date. 
 Notwithstanding the preceding paragraph, employment with specific
acquired entities shall be taken into account as indicated below: 
  

	 	(a)	Employment with Advantage Bancorp, Inc. (which was merged with Marshall & Ilsley Corporation effective April 1, 1998) and affiliates rendered prior to
April 1, 1998 shall from and after April 1, 1998 be treated as employment with Marshall & Ilsley Corporation. 

  
 16 

	 	(b)	Employment with National City Bancorporation and its affiliates shall be taken into account for Plan purposes as described in Section 25.02(e) of the Plan.

  

	 	(c)	Employment with Derivion Corporation shall be taken into account for Plan purposes as described in Section 26.02(d) of the Plan. 

 

	 	(d)	Employees acquired through Cyberbills, Inc. shall be eligible to participate in the Plan effective June 20, 2001. 

 

	 	(e)	Employees acquired through Fifth Third Bank shall be eligible to participate in the Plan effective September 8, 2001. 

 

	 	(f)	Employees acquired through Brokat shall be eligible to participate in the Plan effective September 20, 2001. 

 

	 	(g)	Employees acquired through Trustar Retirement Services (Glendale location) and Trustar Retirement Services (San Mateo location) shall be eligible to participate in the
Plan effective May 1, 2002. Such an employee shall be a Participant with respect to matching and profit sharing contributions at the time he would have satisfied the requirement to participate in the Plan taking into account his service with
Trustar Retirement Services as if such service were with M&I. However, for the purpose of satisfying the 1,000 Hours of Service requirement for allocations set forth in Sections 3.03 and 6.05 of the Plan, only service with M&I or its
Affiliates will be taken into account, but the Hours of Service requirement shall be prorated for 2002 based on the employee’s hire date with M&I. 

 

	 	(h)	Employees acquired through BenePlan, Inc. (“BenePlan”) shall be eligible to participate in the Plan effective May 1, 2002. Such an employee shall be a
Participant with respect to matching and profit sharing contributions at the time he would have satisfied the requirement to participate in the Plan taking into account his service with BenePlan as if such service were with M&I. However, for the
purpose of satisfying the 1,000 Hours of Service requirement for allocations set forth in Sections 3.03 and 6.05 of the Plan, only service with M&I or its Affiliates will be taken into account, but the Hours of Service requirement shall be
prorated for 2002 based on the employee’s hire date with M&I. 

  

	 	(i)	Employment with Century Bancshares, N.A. and its subsidiaries shall be taken into account for Plan purposes as described in Section 30.02(d) of the Plan.

  

	 	(j)	Employment with Richfield State Agency, Inc. and various of its affiliates (“Richfield”) shall be taken into account for Plan purposes as described in
Section 31.02(g) of the Plan. 

  

	 	(k)	Employment with Paytrust, Inc. (“Paytrust”) shall be taken into account for Plan purposes as described in Section 32.02(d) of the Plan.

  
 17 

	 	(l)	Employment with Mississippi Valley Bancshares, Inc. and certain of its affiliates (“MVBI”) shall be taken into account for Plan purposes as described in
Section 33.02(d) of the Plan. 

  

	 	(m)	Former employees of UMB Bank, n.a. (“UMB”) (which had a substantial portion of its employee benefits plan business acquired by Marshall & Ilsley
Corporation effective at various dates during 2003 and 2004), who commence employment with M&I between August 1, 2003 and March 31, 2004 immediately following their termination of employment with UMB, shall be credited with their UMB
service for purposes of eligibility, allocations and vesting under the Plan. Such crediting shall not, however, be given with respect to compensation paid by UMB. 

 

	 	(n)	Former employees of Printing for Systems, Inc. (“Printing for Systems”) (which was acquired by Marshall & Ilsley Corporation effective
November 15, 2003), who commence employment with M&I on November 15, 2003 immediately following their termination of employment with Printing for Systems, shall be credited with their Printing for Systems service for purposes of
eligibility, allocations and vesting under the Plan. However, for the purpose of satisfying the 1,000 Hours of Service requirement for allocations set forth in Sections 3.03 and 6.05 of the Plan, only service with M&I or its Affiliates will be
taken into account, but the Hours of Service requirement shall be prorated for 2003 based on the Employee’s hire date with M&I. 

  

	 	(o)	Former employees of AmerUs Home Lending (“AmerUs”) (which was acquired by Marshall & Ilsley Corporation effective January 1, 2004), who commence
employment with M&I on January 1, 2004 immediately following their termination of employment with AmerUs, shall be credited with their AmerUs service for purposes of eligibility, allocations and vesting under the Plan.

  

	 	(p)	Former employees of Kirchman Corporation (“Kirchman”) (which was acquired by Marshall & Ilsley Corporation effective May 28, 2004) shall NOT be
credited with their service or compensation with Kirchman prior to May 28, 2004 for purposes of eligibility, allocations or vesting under the Plan. Rather, such individuals shall be treated as newly hired employees of M&I for all Plan
purposes. 

  

	 	(q)	Former employees of Advanced Financial Solutions (“AFS”) (which was acquired by Marshall & Ilsley Corporation effective July 1, 2004) who
commence employment on or about July 1, 2004 immediately following their termination of employment with AFS shall be credited with their service and compensation with AFS prior to the date of acquisition for purposes of eligibility, allocations
and vesting under the Plan. Employment with AFS shall be taken into account for Plan purposes as described in Section 34.02(d) of the Plan. 

  

	 	(r)	Former employees of NYCE Corporation (“NYCE”) (which was acquired by Marshall & Ilsley Corporation effective July 30, 2004) who commence

  
 18 

	 	employment on or about July 30, 2004 immediately following their termination of employment with NYCE shall be credited with their service and compensation with
NYCE prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. 

  

	 	(s)	Former employees of Response Data Corporation (“RDC”) (which was acquired by Marshall & Ilsley Corporation effective September 8, 2004) who
commence employment on or about September 8, 2004 immediately following their termination of employment with RDC shall be credited with their service and compensation with RDC prior to the date of acquisition for purposes of eligibility,
allocations and vesting under the Plan. 

  

	 	(t)	Former employees of NuEdge Systems (“NuEdge”) (which was acquired by Marshall & Ilsley Corporation effective October 20, 2004) shall NOT be
credited with their service with NuEdge prior to the date of acquisition for purposes of eligibility, allocations or vesting under the Plan. Rather, such individuals shall be treated as newly hired employees of M&I for all Plan purposes and
eligibility for participation in the Plan is effective on November 1, 2004. 

  

	 	(u)	Former employees of Prime Associates, Inc. (“Prime”) (which was acquired by Marshall & Ilsley Corporation effective February 9, 2005) shall NOT
be credited with their service with Prime prior to the date of acquisition for purposes of eligibility, allocations or vesting under the Plan. Rather, such individuals shall be treated as newly hired employees of M&I for all Plan purposes.

  

	 	(v)	Former employees of TREEV who became employees of M&I (and/or its Affiliates) on August 9, 2005 as a direct consequence of the acquisition of TREEV shall be
credited with their service with TREEV prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. However, such employees shall not become Participants until September 1, 2005 (or such later date as
such employee would have become a Participant in the Plan, taking into account the service credit provided in the preceding sentence) and for the purpose of satisfying the 1,000 Hours of Service requirement for allocations set forth in Sections 3.03
and 6.05 of the Plan, only service with M&I or its Affiliates will be taken into account, but the Hours of Service requirement shall be prorated for 2005 based on the Employee’s hire date with M&I. Compensation paid by TREEV and/or
M&I and/or its Affiliates prior to September 1, 2005, shall not be recognized for any purposes of the Plan other than determination of Highly Compensated Employee and Key Employee status. 

 

	 	(w)	Employment with Med*i*Bank, Inc. (“MBI”) shall be taken into account for Plan purposes as described in Section 35.02(i) of the Plan.

  

	 	(x)	Employment with GHR Systems, Inc. and it affiliates (“GHR”) shall be taken into account for Plan purposes as described in Section 36.02(i) of the Plan.

  
 19 

	 	(y)	Employment with Brasfield Holdings, LLC (“Brasfield”) shall be taken into account for Plan purposes as described in Section 37.02(h) of the Plan.

  

	 	(z)	Employment with Link2Gov Corporation, Inc. (“L2G”) shall be taken into account for Plan purposes as described in Section 38.02(f) of the Plan.

  

	 	(aa)	Employment with Adminisource Communications (“Adminisource”) shall be taken into account for Plan purposes as described in Section 39.02(j) of the Plan.

  

	 	(bb)	Employment with Gold Banc Corporation, Inc. and its affiliates (“Gold Banc”) shall be taken into account for Plan purposes as described in
Section 40.02(h) of the Plan. 

  

	 	(cc)	Former employees of Missouri State Bank & Trust Company (“MO Bank”) who became employees of M&I (and/or its Affiliates) May 1, 2006, as a
direct consequence of the acquisition of MO Bank shall be credited with their service with MO Bank prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. However, such employees shall not become
Participants until May 1, 2006 (or such later date as such employee would have become a Participant in the Plan, taking into account the service credit provided in the preceding sentence) and for the purpose of satisfying the 1,000 Hours of
Service requirement for allocations set forth in Sections 3.03 and 6.05 of the Plan, only service with M&I or its Affiliates will be taken into account, but the Hours of Service requirement shall be prorated for 2006 based on the Employee’s
hire date with M&I. Except as set forth in the following sentence, compensation paid by MO Bank and/or M&I and/or its Affiliates prior to May 1, 2006, shall not be recognized for any purposes of the Plan other than determination of
Highly Compensated Employee and Key Employee status. Notwithstanding the foregoing, compensation paid by MO Bank and/or M&I and/or its Affiliates shall be counted to the extent paid on or after April 1, 2006 for purposes of profit sharing
contributions (guaranteed and discretionary) in the M&I Plan. 

  

	 	(dd)	Employment with VECTORsgi Holdings (“Vector”) shall be taken into account for Plan purposes as described in Section 42.02(d) of the Plan.

  

	 	(ee)	Employees acquired through ValuTec Card Solutions (“ValuTec”) shall be eligible to participate in the Plan effective February 1, 2007. Such an employee
shall be a Participant with respect to matching and profit sharing contributions at the time he would have satisfied the requirement to participate in the Plan taking into account his service with ValuTec as if such service were with M&I.
However, for the purpose of satisfying the 1,000 Hours of Service requirement for allocations set forth in Sections 3.03 and 6.05 of the Plan, only service with M&I or its Affiliates will be taken into account, but the Hours of Service
requirement shall be prorated for 2007 based on the employee’s hire date with M&I. 

  
 20 

	(ff)	Employment with VICOR, Inc. (“VICOR”) shall be taken into account for Plan purposes as described in Section 43.02(k) of the Plan.

  

	(gg)	Former employees of United Heritage Bank (“UHB”) and/or former employees of UHB as provided through an employee leasing agreement with CoAdvantage
(“PEO”) (such service with UHB and CoAdvantage hereinafter referred to as “UHB Service”) who became employees of M&I (and/or its Affiliates) on or about April 1, 2007 as a direct consequence of the acquisition of UHB
shall be credited with their UHB Service prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. However, such employees shall not become Participants until April 1, 2007 (or such later date as such
employee would have become a Participant in the Plan, taking into account the service credit provided in the preceding sentence) and for the purpose of satisfying the 1,000 Hours of Service requirement for allocations set forth in Sections 3.03 and
6.05 of the Plan, only service with M&I or its Affiliates will be taken into account, but the Hours of Service requirement shall be prorated for 2007 based on the employee’s hire date with M&I. Compensation paid by UHB, PEO and/or
M&I and/or its Affiliates prior to April 1, 2007, shall not be recognized for any purposes of the Plan other than determination of Highly Compensated Employee and Key Employee status. 

 

	(hh)	Former employees of North Star Financial Corporation and its affiliates (“North Star”) who became employees of M&I (and/or its Affiliates) on
April 21, 2007 as a direct consequence of the acquisition of North Star shall be credited with their service with North Star prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. However, such
employees shall not become Participants until May 1, 2007 (or such later date as such employee would have become a Participant in the Plan, taking into account the service credit provided in the preceding sentence) and for the purpose of
satisfying the 1,000 Hours of Service requirement for allocations set forth in Sections 3.03 and 6.05 of the Plan, only service with M&I or its Affiliates will be taken into account, but the Hours of Service requirement shall be prorated for
2007 based on the Employee’s hire date with M&I. Except as set forth in the following sentence, compensation paid by North Star and/or M&I and/or its Affiliates prior to April 21, 2007, shall not be recognized for any purposes of
the Plan other than determination of Highly Compensated Employee and Key Employee status. Notwithstanding the foregoing, compensation paid by North Star and/or M&I and/or its Affiliates shall be counted to the extent paid on or after
April 21, 2007, for purposes of profit sharing contributions (guaranteed and discretionary) in the M&I Plan. 

  

	(ii)	Employment with Excel Bank Corporation and its affiliates (“Excel Bank”) shall be taken into account for Plan purposes as described in Section 44.02(h)
of the Plan. 

  
 21 

 ARTICLE III 
 PROFIT-SHARING CONTRIBUTIONS 
 AND ALLOCATIONS TO PARTICIPANTS’ ACCOUNTS

 3.01 Profit-Sharing Contributions. Each Employer agrees to pay to the Trustee of the Trust with respect to each Plan
Year such amounts, if any, from the Employer’s current or accumulated Profits as may be determined by the Board of Directors of Marshall & Ilsley Corporation (and the Board may establish different rates of contribution for different
Employers). 
 The Profit-Sharing Contribution shall be made by each Employer before or as soon as reasonably possible after the
close of the Plan Year, without interest and within the time limit for deductibility thereof by the Employer as specified by the Internal Revenue Code. 
 3.02 Make-Up Contribution of Participating Employer. If a participating Employer is prevented in whole or in part from making the Profit-Sharing Contribution which it would otherwise have made by
reason of having no or insufficient Profits, it shall use accumulated Profits for such purpose. If a full contribution still cannot be made by such Employer, then so much of the contribution which such Employer was so prevented from making may be
made, for the benefit of the Participants of such Employer, by the other Employers to the extent of their current or accumulated Profits, but the other Employers shall be under no obligation to do so. If there is more than one such other Employer
and the group of participating Employers does not file consolidated federal income tax returns, the contribution by each such other Employer shall be limited to the proportion of its total current and accumulated Profits remaining after adjustment
for its contribution to this Plan without regard to this section which the total prevented contribution bears to the total current and accumulated Profits of all of the Employers remaining after adjustment for all their contributions to this Plan
without regard to this section. An Employer on behalf of whose Participants a contribution is made hereunder shall not reimburse the contributing Employer. 
 3.03 Allocation of Profit-Sharing Contributions. Employer contributions for any Plan Year shall be allocated as of the Anniversary Date among those Participants who have completed 1,000 Hours of
Service in such Plan Year and who remain in the Employer’s employ on such date by crediting each such Participant’s Profit-Sharing Employer Contribution Account in the ratio that each such Participant’s Gross Annual Pay for such year
bears to the total Gross Annual Pay for all such Participants for that year. Each Employer’s contributions shall be allocated only among Participants who are its Employees. Notwithstanding the foregoing, any Employee who terminates during the
Plan Year (i) because of death or (ii) after attainment of Retirement Date shall be eligible to share in such allocation, without regard to whether he has completed 1,000 Hours of Service during such Plan Year or remains in the
Employer’s employ on the Anniversary Date. The allocation of Employer contributions shall be made as soon as practicable after the end of the Plan Year. 
 3.04 Form of Contributions. The Employer’s contributions under this Plan shall be made in cash, securities or other property. 

  
 22 

 ARTICLE IV 
 AUTOMATIC CONTRIBUTIONS 
 4.01 Prior to 2002. For each Plan Year ending
prior to January 1, 2002, the Employer agrees to pay to the Trustee an amount equal to 2% of the Participant’s Gross Annual Pay for deposit in the Money Purchase Pension Employer Contribution Account of each Participant who has completed
1,000 Hours of Service during such Plan Year and who remains in the Employer’s employ on the last day of the Plan Year or who has terminated in such year (i) due to death or (ii) after Retirement Date. The Employer’s Money
Purchase Pension Contribution for each Plan Year shall be made before or as soon as reasonably possible after the close of the Plan Year, without interest and within the time limit for deductibility thereof by the Employer as specified by the
Internal Revenue Code. 
 4.02 After 2001. 

 

	 	(a)	Prior to 2002 the contributions made pursuant to this Article IV and the provisions of the Plan regarding the administration of these contributions, the investment of
these contributions and distribution of these contributions have comprised a money purchase pension plan while the remainder of the M&I Retirement Program has consisted of a profit sharing plan. Effective January 1, 2002, the money purchase
pension portion of the M&I Retirement Program is converted into a profit sharing plan and is merged into the profit sharing portion of the M&I Retirement Program. Contributions shall continue to be made in the amounts and under the
circumstances described in Section 4.01 above for each year beginning on or after January 1, 2002, however, such contributions shall be deposited in the Participant’s Profit Sharing Employer Contribution Account.

  

	 	(b)	Revenue Ruling 94-76 requires that any distribution options required in a money purchase pension plan must be continued even after that plan is converted to a profit
sharing plan. This rule is met in this Plan because: 

  

	 	(i)	the distribution options for the profit sharing portion of the Plan and the money purchase pension portion of the Plan have always been the same, continue unchanged and
include those options which are required for money purchase pension plans i.e., the Plan includes the joint survivor annuity rules required under Code Section 401(a)(11); and 

 

	 	(ii)	the Money Purchase Pension Employer Contribution Account and Former Valley Pension Transfer Account of each Participant shall continue as distinct accounts and shall be
available for distribution only upon termination of employment at or after Normal Retirement Date or earlier termination of employment, notwithstanding any other provision of the Plan to the contrary. 

 

	 	(c)	Because neither Revenue Ruling 94-76 nor any other rule of law requires that the assets of a profit sharing plan created by conversion from a money purchase

  
 23 

 pension plan must be invested in any particular manner, the Money Purchase Pension Employer
Contribution Accounts shall cease to be subject to the restriction set forth in the last sentence of Section 16.02 hereof from and after January 1, 2002. 
  

	 	(d)	The conversion from money purchase pension plan to profit sharing plan shall neither increase nor decrease the vested interest of Participants in their Money Purchase
Pension Employer Contribution Accounts. 

  
 24 

 ARTICLE V 
 PARTICIPANTS’ SALARY REDIRECTION CONTRIBUTIONS 
 5.01 Salary Redirection
Contributions. The Employer shall notify each Employee of his eligibility to make Salary Redirection Contributions at the time he becomes an Employee and shall give him an opportunity to enter into a salary redirection agreement when he first
become eligible. The Employer is under no obligation to give any Employee additional notice of eligibility after the first notice of eligibility given hereunder. A Participant who so desires shall enter into a salary redirection agreement with the
Employer. Such salary redirection agreement shall be effective as soon as administratively practicable after the agreement is filed with the Employer. Such salary redirection agreement shall be created by written instrument filed with the Plan
Administrator (or via any voice response or internet system or through any other means as the Plan Administrator shall designate). In such salary redirection agreement, the Participant shall elect to reduce his Gross Annual Pay for such Plan Year by
authorizing salary redirection. The amount in whole percentages of the Participant’s salary redirection, i.e. the percentage by which the Participant may elect to reduce his Gross Annual Pay for the purpose of entitling him to receive a Salary
Redirection Contribution, may be up to 50%, but not more than 8% for Highly Compensated Participants. An amount equal to the Participant’s salary redirection, i.e. the amount by which the Participant’s Gross Annual Pay is reduced pursuant
to his election, shall be contributed to the Plan by the Employer as the Participant’s Salary Redirection Contribution. 

Each Participant’s Gross Annual Pay shall be reduced in accordance with his salary redirection agreement as described herein by
reducing each wage or salary payment he would otherwise have received on a Payroll Disbursement Date in the absence of salary redirection by the percentage elected by the Participant. Such salary redirection election shall apply from the effective
date thereof through the last Payroll Disbursement Date of such Plan Year and through subsequent Plan Years, except as modified in Section 5.02 below. 
 5.02 Changes in Amount of Contributions. Each Participant may elect, by filing a new salary redirection agreement, to discontinue salary redirection or change his percentage of salary redirection.
Such salary redirection agreement shall be created by written instrument filed with the Plan Administrator (or via any voice response or internet system or through any other means as the Plan Administrator shall designate). Such salary redirection
agreement shall be made effective by the Employer as soon as administratively practicable after the agreement is filed with the Employer. Such salary redirection agreement shall apply to the portion of the Participant’s Gross Annual Pay which
would otherwise have been paid to him on Payroll Disbursement Dates occurring after such agreement becomes effective. The new rate in whole percentages may be up to 50%, but not more than 8% for Highly Compensated Participants, of that portion of
Gross Annual Pay which would otherwise be paid during the period the new rate is to be in effect. 
 5.03 Transfers to
Trust. The Employer shall pay to the Trustee the Salary Redirection Contributions for each Participant which correspond to the portion of Gross Annual Pay which would otherwise have been paid to him on any Payroll Disbursement Date in the
absence of salary redirection pursuant to Section 5.01 hereof as soon as administratively practicable, and in 

  
 25 

 any event within 15 days after the end of the month in which such Payroll Disbursement Date occurs. Such
payments shall be made in cash. 
 If for any reason permitted by law, the Salary Redirection Contributions for the Year by the
Employer are not made until after the expiration of the Anniversary Date, such contributions shall nevertheless be deemed to have been made on the Anniversary Date and shall be allocated accordingly. 

5.04 Allocation of Participants’ Salary Redirection Contributions. The Salary Redirection Contributions made by the Employer
for each Participant shall be allocated to the Participant’s Salary Redirection Contributions Account. 
 5.05
Nonforfeitability. A Participant’s Salary Redirection Contributions shall at all times be fully vested and nonforfeitable. 
 5.06 Limitations. Notwithstanding any other provision of this Article V, the extent to which the Participant may elect to reduce his Gross Annual Pay and the obligation of the Employer to make
Salary Redirection Contributions shall be governed by Article XIX. 
 5.07 Catch-Up Contributions. 

 

	 	(a)	Effective after December 31, 2001, all Employees who are eligible to make Salary Redirection Contributions under this Plan and who have attained age 50 before the
close of the Plan Year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code.Such catch-up contributions shall not be taken into account for purposes of the provisions
of the Plan implementing the required limitations of Sections 402(g) and 415 of the Code. The Plan shall not be treated as failing to satisfy the provisions of the Plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12),
410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions. Such catch-up contributions shall be deposited in a separate account which shall be subject to the same rules as Salary Redirection Contribution
Accounts and shall be treated as Salary Redirection Contributions for purposes of determining the Employer’s Incentive Contribution to which a Participant is entitled pursuant to Article VI. 

 

	 	(b)	Specifically, for each payroll period throughout the Plan Year the Participant shall have the ability to defer from Gross Annual Pay a pro-rata share of the applicable
dollar catch-up limit in addition to the Salary Redirection Contributions otherwise elected under Sections 5.01 and 5.02 pursuant to procedures comparable to those described in Sections 5.01 and 5.02. The catch-up limit is $5,000 for a Plan Year or
such different amount as is established by the IRS in accordance with the cost of living changes. Contributions made during any Plan Year pursuant to the separate catch-up election shall be treated as though they were regular Salary Redirection
Contributions to the extent that they are not in fact catch-up contributions because regular Salary Redirection Contributions for such Plan Year are less than allowed under an otherwise applicable Plan limit. For example, 

  
 26 

 contributions made during the Plan Year pursuant to the separate catch-up election shall be
taken into account in allocating Employer Incentive Contributions pursuant to Article VI for that Plan Year as though there were regular Salary Redirection Contributions to the extent that they are not in fact catch-up contributions because regular
Salary Redirection Contributions do not equal at least 6% of Gross Annual Pay for the Plan Year or such lesser amount which is the maximum amount permitted under Code Section 402(g). 

  
 27 

 ARTICLE VI 
 EMPLOYER’S INCENTIVE CONTRIBUTIONS 
 6.01 Rate of Contributions. For
each Participant for whom the Employer makes a Salary Redirection Contribution for a Plan Year, the Employer will also make an Employer Incentive Contribution for that year equal to 50% of the portion of the Participant’s Salary Redirection
Contribution which does not exceed 6% of Gross Annual Pay. Participants who fail to complete 1000 Hours of Service during the Plan Year or who do not remain in the Employer’s employ on the last day of the Plan Year shall not share in the
allocation of an Employer’s Incentive Contribution for that Plan Year under Sections 6.04 and 6.05 and the amount of Employer Incentive Contributions due the Plan pursuant to this Section 6.01 shall be reduced accordingly; provided,
however, that the foregoing rule shall not apply to individuals who die during the Plan Year or whose termination of employment during the Plan Year occurs after Retirement Date. (Employer Incentive Contributions are not intended to be and shall not
be treated as “qualified matching contributions” or “qualified nonelective contributions” as those terms are defined in IRS Regulation Section 1.401(k)-1(g)(7). Further, such contributions are not intended to be and shall
not be regarded as amounts “treated as elective contributions” as such phrase is used in IRS Regulation Section 1.401(k)-1(d)(1)(iii)(6).) In no event, however, shall this provision require the Employer to make such contributions in
excess of the maximum amount deductible under Section 404 of the Internal Revenue Code or any successor statutes or any statutes of similar import. 
 6.02 Determination of Amount. Marshall & Ilsley Corporation shall be solely responsible for determining the amount that each Employer may be required to contribute under the terms of the
Plan. Marshall & Ilsley Corporation’s determination of contributions shall be binding on all Participants and the Trustee. If, however, the Employer in any Year makes a contribution in excess of the amount allowable as a deduction in
arriving at the Employer’s taxable income for such Year, the amount of the excess shall be treated as an Employer contribution for the next succeeding Year in which a deductible contribution may be made. 

6.03 When Contributions Are Made. The Employer’s Incentive Contributions for each Year shall be made to the Trust at any time
during the Year or within the time prescribed by law for the filing of its federal income tax return for such Year. 
 6.04
Allocation Requirement. On the Anniversary Date, or as soon thereafter as possible, the Trustee shall allocate to Participants’ Incentive Contributions Accounts the Employer Incentive Contributions for the Year, in accordance with the
provisions of Section 6.05. If for any reason permitted by law, the Employer’s Incentive Contributions for the Year are not made until after the expiration of the Anniversary Date, such contributions shall nevertheless be deemed to have
been made on the Anniversary Date and shall be allocated accordingly. 
 6.05 Manner of Allocation of Employer’s
Incentive Contributions. The Employer Incentive Contributions shall be allocated and credited by the Trustee to each Participant’s Incentive Contributions Account in the ratio that each Participant’s Salary Redirection Contributions
not in excess of 6% of Gross Annual Pay made since that last Anniversary Date 

  
 28 

 bears to the aggregate amount of all Salary Redirection Contributions not in excess of 6% of Gross Annual
Pay made since that date. Participants who fail to complete 1,000 Hours of Service during the Plan Year or who do not remain in the Employer’s employ on the last day of the Plan Year shall not be taken into account; provided, however, that the
foregoing rule shall not apply to individuals who die during the Plan Year or whose termination of employment during the Plan Year occurs after Retirement Date. Notwithstanding the foregoing paragraph, no Employer Incentive Contributions shall be
made or allocated under this Article VI with respect to any Salary Redirection Contributions on behalf of a Participant if such Salary Redirection Contributions are treated as excess contributions and distributed to the Participant under the
limitations of Article XIX. 
 6.06 Rollover Amounts. Notwithstanding any provision to the contrary herein, the Trustee
shall accept any cash amounts transferred into the Trust hereunder by any Participant which qualify as rollover contributions by the Participant under Section 402(c)(1) of the Code. Notwithstanding the above, no rollover shall be accepted if,
in the judgment of the Plan Administrator, acceptance of such rollover would cause the Plan to violate any provision of the Code or regulations thereunder. Further, the Plan Administrator may condition any rollover on the receipt of information
satisfactory to the Plan Administrator which demonstrates that the plan from which the rollover is coming satisfies applicable Code requirements. Notwithstanding the foregoing, the Plan Administrator shall not accept a rollover of after-tax employee
contributions or a rollover from a tax sheltered annuity or account under Code Section 403(b) or a deferred compensation plan under Code Section 457. Rollover contributions shall be held in a segregated Rollover Account for the Participant
and shall not be subject to forfeiture. A Participant’s Rollover Account shall be invested by the Trustee pursuant to Article XVI. The Rollover Account shall be distributed at the same time as and in the same manner as Employer Incentive
Contributions hereunder. In addition, the Rollover Account shall be subject to Financial Hardship Withdrawal in accordance with Article X. An Employee shall be immediately eligible to make a rollover contribution, however, such person shall not be
entitled to have Employer Contributions made on his behalf and allocated to him hereunder until such individual satisfies the service requirements as described in Section 2.01(c). 

  
 29 

 ARTICLE VII 
 LIMITATIONS ON ANNUAL ADDITIONS 
 7.01 General Rule. Except to the extent
permitted under Plan Section 10.02 and Section 414(v) of the Code, if applicable, the Annual Additions that may be contributed or allocated to a Participant’s Account under the Plan for any limitation year shall not exceed the lesser
of: 
  

	 	(i)	$40,000, as adjusted for increases in the cost-of-living under Section 415(d) of the Code, or 

 

	 	(ii)	100 percent of the Participant’s compensation, within the meaning of Section 415(c)(3) of the Code, for the limitation year. 

The compensation limit referred to in (ii) shall not apply to any contribution for medical benefits after separation from service
(within the meaning of Section 401(h) or Section 419A(f)(2) of the Code) which is otherwise treated as an Annual Addition. 
 7.02 Adjustment of Limitations. The amounts under the foregoing limits shall automatically adjust annually in each Plan Year to the extent permitted by and in accordance with the Internal Revenue
Code and regulations promulgated by the Secretary of the Treasury. 
 7.03 Definitions and Rules. For purposes of this
Article VII the following definitions and rules of interpretation shall apply: 
  

	 	(a)	The Annual Addition of a Participant means contributions made by the Employer and Affiliated Employers for a Plan Year and forfeitures allocable to him plus his own
contributions during such Year. “Annual Addition” shall exclude rollovers from an individual retirement account or qualified plan. 

  

	 	(b)	For purposes of computing the maximum allocation under Section 7.01, all defined contribution plans as defined in Section 414(i) of the Code (whether or not
terminated) of the Employer and Affiliated Employers shall be treated as one defined contribution plan. 

  

	 	(c)	“Section 415 Compensation” means for each Plan Year the Participant’s earnings from his employment with the Employer and, unless otherwise required by
regulation, includes bonuses and other taxable payments, but excludes deferred compensation, stock options and other distributions which receive special tax benefits. Salary Redirection Contributions and any other salary reduction contributions
pursuant to Code Section 401(k), 125, 132(f)(4), 403(b) or 457 plans shall be included. 

  

	 	(d)	No more than $200,000 of Section 415 Compensation shall be taken into account in any year. The dollar amount under the foregoing limit shall automatically adjust
when permissible in accordance with regulations promulgated by the Secretary of the Treasury. For purposes of this Article VII, Affiliated Employers 

  
 30 

 shall be determined on the basis of more than 50% ownership rather than at
least 80% ownership. 
 7.04 Reallocation. Should any allocation to a Participant’s Account result in an amount in
excess of the limitations set forth in this Article VII for a Plan Year, such excess shall be cured first by distributing Salary Redirection Contributions to the Participant to the extent necessary to cure the excess (and any income attributable to
such distributed Salary Redirection Contributions) and, if necessary, any remaining excess amount shall be allocated in the same manner as prescribed in Section 3.03, excluding any Participant whose allocation would otherwise exceed the
limitations set forth in this Article VII. Any excess which cannot be allocated to Participant Accounts as provided herein, shall be held in a suspense account and allocated in accordance with Section 3.03 before any Employer Profit Sharing
Contributions in the next succeeding Plan Year and in each succeeding Plan Year until fully allocated. 
 7.05 Code
Section 415. This Plan is subject to the limitations of Internal Revenue Code Section 415 and such rules are hereby incorporated by reference. The foregoing paragraphs of this Article V set forth the basic requirements of
Section 415 for defined contribution plans. In the event of any conflict between the foregoing provisions of this Article VII and the requirements of Section 415, the provisions of Section 415 and regulations thereunder shall govern.

  
 31 

 ARTICLE VIII 
 VESTING 
 8.01 Full Vesting Dates In Profit-Sharing and Money Purchase Pension
Employer Contribution Accounts. The Participant’s interest in his Profit-Sharing and Money Purchase Pension Employer Contribution Accounts shall become fully vested in him and nonforfeitable at the earliest of the following dates:

  

	 	(a)	The date of the Participant’s death while in the employ of the Employer or of an Affiliated Employer. 

 

	 	(b)	The date of Participant’s attainment of age 65 or earlier Disability. 

 

	 	(c)	The date of termination of the Plan (or partial termination as to Participants affected thereby) or the date of complete discontinuance of contributions by the Employer
at a time when the Participant is employed by the Employer or by an Affiliated Employer. 

 8.02 Vesting
Schedule Applicable to Profit Sharing and Money Purchase Pension Employer Contribution Accounts. 
 (a) Contributions For
Plan Years ending before 2007. 
 Prior to the date the Participant’s interest in his Profit-Sharing and Money Purchase
Pension Employer Contribution Accounts becomes fully vested and nonforfeitable in accordance with Section 8.01 above, his vested interest in the portion of his Profit-Sharing and Money Purchase Pension Employer Contribution Accounts
attributable to contributions made for Plan Years beginning before 2007 shall become fully vested in him and nonforfeitable on the date the Participant shall have completed at least 5 years of Vesting Service. 

(b) Contributions for Plan Years beginning after 2006. 
 Prior to the date the Participant’s interest in his Profit-Sharing and Money Purchase Pension Employer Contribution Accounts becomes fully vested and nonforfeitable in accordance with
Section 8.01 above, his vested interest in the portion of his Profit-Sharing and Money Purchase Pension Employer Contribution Accounts attributable to contributions made for Plan Years beginning after 2006 shall be determined in accordance with
the following schedule: 

  
 32 

					
	 Years of
 Vesting Service
	  	 Portion of Participant’s

Accounts Vested in Participant
	 
	 Less than 2
	  	 	0	% 
	 At least 2 but less than 3
	  	 	20	% 
	 At least 3 but less than 4
	  	 	40	% 
	 At least 4 but less than 5
	  	 	60	% 
	 5 or more
	  	 	100	% 

  

	 	(c)	Notwithstanding the foregoing provisions of this Section 8.02, any Participant whose employment with the Employer is involuntarily terminated as a result of a
reduction in force, e.g. due to corporate reorganization, consolidation, downsizing or office closings, shall be deemed to be 100% vested in his Profit-Sharing and Money Purchase Pension Employer Contribution Accounts. (The foregoing special rule
shall not apply to any individual whose employment is voluntarily terminated. Similarly, the foregoing special rule shall not apply to any individual whose employment is terminated as a result of unsatisfactory job performance. Finally, the
foregoing special rule shall not apply to any individual who is a Highly Compensated Employee (within the meaning of Code Section 414(q)) for the year of termination if for that year the effect of applying such rule to all Highly Compensated
Employees who terminate during that year would be to violate IRS Reg. Section 1.401(a)(4)-4.) 

 8.03
Other Accounts. A Participant’s Accounts other than those described in Sections 8.01 and 8.02 shall at all times be fully vested and nonforfeitable, except that merged Accounts shall vest in accordance with special rules set forth
elsewhere in the Plan. 
 8.04 Election of Former Vesting Schedule. In the event the vesting schedule of this Plan is
hereafter directly or indirectly amended, no Participant or former Participant shall be deprived thereby of any previously vested interest, and any Participant who has completed at least three (3) Years of Service, may elect to have his vested
interest in his Employer Contribution Account determined without regard to such amendment by notifying the Plan Administrator in writing during the election period as hereafter defined. The election period shall begin on the date such amendment is
adopted and shall end no earlier than the latest of the following dates: 
  

	 	(a)	The date which is 60 days after the date the amendment is adopted; 

  

	 	(b)	The date which is 60 days after the day the plan amendment becomes effective; or 

 

	 	(c)	The date which is 60 days after the day the Participant is issued written notice of the amendment by the Employer or Plan Administrator. Such election shall be

  
 33 

 available only to an individual who is a Participant at the time such
election is made and such election 
 shall be irrevocable. 

8.05 Forfeitures. As to any Participant who terminates employment with the Employer and all Affiliated Employers prior to his
Retirement Date or earlier death and prior to becoming fully vested in his Profit-Sharing and Money Purchase Pension Employer Contribution Accounts: 
  

	 	(a)	If the Participant receives a distribution of the vested portion of his Accounts prior to incurring five consecutive Breaks in Service, that part of his Profit-Sharing
and Money Purchase Pension Employer Contribution Accounts in which he is not vested shall immediately be forfeited. (Any person who terminates employment with no vested interest in his Accounts shall be deemed to have had an immediate distribution
of the vested portion (zero) of his Accounts at the time of his termination of employment for purposes of this Section 8.05.) 

  

	 	(b)	If the Participant is rehired before incurring five consecutive Breaks in Service but after having received distribution of the vested portion of his Accounts, then
such Participant’s non-vested interest, determined as of the date of forfeiture, shall be restored to his original Profit-Sharing and Money Purchase Pension Employer Contribution Accounts and his vested interest in such Account shall be based
on his total years of Vesting Service. Such restoration shall be by means of a special contribution by all Employers (with each Employer’s share being the total amount of such contribution multiplied by a fraction of which the numerator is
total contributions due from that Employer under Articles III and IV for the Year in which the contribution is made and the denominator is the aggregate contributions due from all Employers under Articles III and IV for such Year) which shall be
allocated between his Profit-Sharing Employer Contribution Account and Money Purchase Pension Contribution Account in the same proportion as the amounts originally removed from those Accounts which existed at his date of termination and his vested
interest in such Accounts shall be based on his total Vesting Service. In the event the Participant is reemployed and his forfeiture is restored, his vested interest in his Profit-Sharing and Employer Money Purchase Pension Contribution Accounts at
any relevant time shall equal P(AB+D)-D. For purposes of applying this formula: P is the vested percentage at the relevant time; AB is the Profit-Sharing and Employer Money Purchase Pension Contribution Account balances at the relevant time; D is
the amount of the prior distribution from his Profit-Sharing and Employer Money Purchase Pension Contribution Accounts. 

  

	 	(c)	If distribution from the Participant’s Profit-Sharing and Money Purchase Pension Employer Contribution Accounts is not made to a Participant before he has incurred
five consecutive Breaks in Service, then his unvested interest in his Profit-Sharing and Money Purchase Pension Employer Contribution Accounts, determined as of the end of the Plan Year in which occurs the fifth consecutive Break in Service, shall
be forfeited as of the Anniversary Date for that Plan year. The Vesting Service of a terminated Participant who incurs five consecutive Breaks in Service shall not thereafter be increased as it is used to measure his 

  
 34 

 vested interest in his original Profit-Sharing and Money Purchase Pension Employer
Contribution Accounts and no further additions shall be made to his original Profit-Sharing and Money Purchase Pension Employer Contribution Accounts if he again becomes a Participant. 

 

	 	(d)    (i)	Forfeitures from a Participant’s Profit-Sharing Employer Contribution Account and Money Purchase Pension Contribution Account shall be used to reduce Employer
Contributions under Articles III and IV for the Plan Year in which such forfeitures occur. (Each Employer’s contributions under Article III and Article IV shall be reduced by multiplying total forfeitures by a fraction of which the numerator is
the contribution due from the Employer under Articles III and IV for the year and the denominator is the aggregate contributions due from all Employers under Articles III and IV for the year.) 

 

	 	(ii)	Upon reemployment of a Participant a new Employer Contribution Account shall be created for him to which all allocations of contributions and forfeitures after he is
reemployed shall be made. 

 8.06 Resumption of Participation. If a Participant incurs at least five
consecutive Breaks in Service after termination of employment before he has acquired any vested interest in any portion of his Profit-Sharing and Money Purchase Pension Employer Contribution Accounts and if the period of such Breaks in Service
equals or exceeds his number of Years of Vesting Service prior to such Breaks in Service, then all prior Vesting Service shall be forfeited in his new Profit-Sharing and Money Purchase Pension Employer Contribution Accounts established upon the
Participant’s reemployment. 
 If a Participant incurs a Break in Service after termination of employment after he has
acquired a vested interest in any portion of his Profit-Sharing and Money Purchase Pension Employer Contribution Accounts, then (regardless of the number of such Breaks in Service) all prior Vesting Service shall be aggregated with his subsequent
Vesting Service to measure his vested interest in his new Profit-Sharing and Money Purchase Pension Employer Contribution Accounts established upon the Participant’s reemployment. 

  
 35 

 ARTICLE IX 
 DISTRIBUTIONS 
 9.01 Retirement. Upon termination of
employment with the Affiliated Employers by a Participant on or after his Normal Retirement Date, the Participant shall become entitled to a distribution of his Accounts. Distribution shall commence as soon as practicable after his termination of
employment and in any event no later than 60 days after the close of the Plan Year in which such Participant terminates employment, except that an individual may elect in writing to defer commencement of his distribution to a date which is not later
than April 1 of the calendar year following the calendar year in which he attains age 70 1/2. The amount distributed shall be based on the value of the Participant’s Account determined as of the Valuation Date preceding the date of distribution. 

At any time after having attained age 59 1/2 a Participant who has not terminated employment with the Affiliated
Employers may nevertheless elect to receive a distribution of his Accounts (other than his Money Purchase Pension Employer Contribution Account, Profit-Sharing Employer Contribution Account and Former Valley Pension Transfer Account and any other
account consisting of monies originally attributable to a money purchase pension plan merged into this Plan or a predecessor to this Plan). Distribution shall commence as soon as practicable after the Participant makes the election to receive a
distribution. 
 Distribution shall commence to a Participant no later than April 1 of the
calendar year following the calendar year in which he attains age 70 1/2. Notwithstanding the preceding sentence, a Participant who turns age 70 1/2 who is not a more than 5% owner of the Employer shall not commence distribution while remaining in the employ of the Employer, but, instead, distribution to such a Participant
shall commence as soon as practicable after his termination of employment and in any event no later than 60 days after the close of the Plan Year in which the Participant terminates employment. 

The Participant shall elect which of the following settlement methods shall be used (the provisions of the Plan shall control in the
event of conflict between the Plan and any policy or contract issued hereunder): 
  

	 	(a)	A single lump sum distribution in cash, except that (i) all or any portion of a Participant’s Account may at the Participant’s election be distributed in
the form of Employer Stock and/or (ii) the portion of a Participant’s Account invested in the Metavante Stock Fund described in Section 16.02 may at the Participant’s election be distributed wholly or partially in the form of
Metavante common stock). (Fractional shares in all cases will be distributed in cash.) This option supersedes the other restrictions on the amount a Participant may elect to invest in the M&I Fund or to receive in the form of Employer Stock.

  

	 	(b)	Installment payments in cash in such amounts and over such period of years as elected by the Participant (except that (i) all or any portion of a
Participant’s Account may at the Participant’s election be distributed in the form of Employer Stock and/or (ii) the portion of a Participant’s Account invested in the Metavante 

  
 36 

 Stock Fund described in Section 16.02 may at the Participant’s election be distributed
wholly or partially in the form of Metavante common stock), provided that such period shall not exceed the remaining joint and survivor life expectancy of the Participant and his designated Beneficiary as of the date such payments commence.
Installment payments shall be removed from the various investment Funds in which the Participant’s Account is invested pro rata from each Fund. 
  

	 	(c)	Entirely in the form of a single-premium nontransferable annuity contract, the single premium for which shall equal the Participant’s Account values, which will
provide an immediate annuity in the form of monthly payments to the Participant during his lifetime, or during his lifetime with payments guaranteed for a period certain, or monthly payments to the Participant for his lifetime and continuing
thereafter for the life of a joint annuitant, as elected by the Participant. 

  

	 	(d)	Entirely in the form of a single-premium nontransferable annuity contract, the single premium for which shall equal the Participant’s Account values, which shall
provide a “Qualified Joint and Survivor Annuity.” A “Qualified Joint and Survivor Annuity” shall mean a life annuity in the case of an unmarried Participant and as to a Participant who is married at the time benefits commence
means an annuity for the life of the Participant and continuing thereafter to the Participant’s surviving spouse for such spouse’s lifetime in an amount which shall be 50% of the joint life annuity. 

 

	 	(e)	Any combination of the foregoing. 

 Unless he elects otherwise (and unless his spouse consents to such other election in a writing signed by the spouse and witnessed by a Plan representative or notary public), a married Participant shall
have his Account balances applied to buy a Qualified Joint and Survivor Annuity pursuant to (d) above. Such election of an alternative form of payment will not be valid unless (1) the election designates a form of payment (or Beneficiary)
which may not be changed without spousal consent or (2) the consent of the spouse permits further designations as to the form of payment (or Beneficiary) by the Participant without any requirement of further consent of the spouse; provided,
however, that no general consent of the spouse is valid unless it acknowledges that the spouse has the right to limit consent to a specific Beneficiary and a specific optional form of benefit and that the spouse voluntarily elects to relinquish both
of such rights. 
 At least thirty but no more than ninety days prior to the Participant’s benefit commencement date (or
within such other reasonable period prior to the Participant’s benefit commencement date as shall be determined by the Plan Administrator consistent with applicable governmental regulations), the Plan Administrator shall furnish to the
Participant a written notification of the terms and conditions of the Qualified Joint and Survivor Annuity, the availability and general financial effect of any election under this Section to waive the Qualified Joint and Survivor Annuity, the
availability of additional information about the specific financial effect of making such election, the rights of the Participant and the Participant’s spouse with regard to electing an optional form of benefit and the Participant’s right
to revoke any such election along with the effect of such revocation. If a Participant makes a request for additional 

  
 37 

 information during the applicable election period, the Plan Administrator shall furnish such information, in
terms of dollars per benefit payment, to the Participant within 30 days of such request. 
 Notwithstanding the preceding
paragraph, although a Participant is ordinarily required to have at least thirty days to consider whether to elect to receive a distribution and the form of distribution, a Participant shall be permitted to elect (with any applicable spousal
consent) to waive such thirty day period and to waive the requirement that the written explanation described in the preceding paragraph precede the Benefit Commencement Date by thirty days so long as that written explanation is provided more than
seven days in advance of the date benefits actually commence (and the Participant may revoke such waiver any time prior to the benefit commencement date or, if later, the eighth day after the explanation described in the preceding paragraph is
provided). 
 For purposes of this Section, “benefit commencement date” means “annuity starting date” as
that term is used in Internal Revenue Code Section 417(f), i.e., the first day of the first period for which an amount is payable to the Participant as an annuity or, in the case of a benefit not payable in the form of an annuity, the first day
on which all events have occurred which entitle the Participant to payment of such benefit. 
 A Participant may elect to
receive his benefit in the form of any of the settlement methods described herein with the consent of his spouse, if any, during the election period which shall be the ninety day period ending on his benefit commencement date (or such other period
specified by the Plan Administrator pursuant to governmental regulations). An election made prior to such election period shall be invalid. 
 A Participant may revoke any election and make a new election under this Section in writing during the election period. The new election must be consented to by the spouse in the same manner as described
above, unless the prior consent of the spouse expressly permits elections by the Participant of a new form of benefit (or Beneficiary) without any further consent by the spouse; provided, however, that no general consent of the spouse is valid,
unless the general consent acknowledges that the spouse has the right to limit consent to a specific Beneficiary and a specific optional form of benefit and that the spouse voluntarily elects to relinquish both of such rights. 

 

	 	9.02	Death. 

  

	 	(a)	If a Participant or former Participant dies with any Account in the Fund, his Beneficiary shall be entitled to his Account values. 

 

	 	(b)	 Such Account values shall be paid to the Participant’s Beneficiary under any settlement method available under Section 9.01 which the
Beneficiary shall elect. Distribution shall be made as soon as reasonably practicable and, in any event, must commence no later than one year after the Participant’s death, except that if or to the extent the Participant’s Beneficiary is
his surviving spouse distribution must commence no later than the earlier of (i) the date on which the Participant would have attained age
70 1/2, or (ii) one year after the death of his
surviving 

  
 38 

 spouse. If any Beneficiary is other than an individual the last payment to such Beneficiary
must be completed within 5 years after the Participant’s death. If distribution commenced prior to the Participant’s death, then the balances of the Account(s) must be distributed at least as rapidly as under the method being used on the
date of death. 
  

	 	(c)    (i)	Notwithstanding paragraphs (a) and (b) above, if a married Participant or married former Participant dies, his Account values shall be paid to his spouse in a
Pre-Retirement Survivor Annuity; i.e., by purchase of an annuity contract providing an immediate lifetime annuity to his spouse rather than to any other Beneficiary or under any other settlement method which the Participant has designated, unless as
part of such designation the Participant has expressly elected against the Pre-Retirement Survivor Annuity during the applicable election period after having been provided with the explanation and information described in subparagraph
(ii) below and unless the Participant’s spouse consents in writing to such election in a written instrument acknowledging the effect of such election witnessed by a plan representative or notary public. Such spousal consent shall not be
valid unless (1) the Beneficiary designation provides that the Beneficiary cannot be changed without spousal consent or (2) the consent of the spouse permits designations of Beneficiaries by the Participant without any requirement of
further consent of the spouse; provided, however, that no general consent of the spouse is valid, unless the general consent acknowledges that the spouse has the right to limit consent to a specific Beneficiary and a specific optional form of
benefit and that the spouse voluntarily elects to relinquish both of such rights. 

 The “applicable
election period” for purposes of this Section 9.02(c)(i) shall be the period which begins on the first day of the Plan Year in which the Participant attains age 35, or during which he terminates employment, if earlier, and ends on the date
of the Participant’s death (or such other period as may be required by applicable governmental regulations). A Participant may revoke any waiver of the Pre-Retirement Survivor Annuity and make a new waiver at any time during the applicable
election period as specified above. The new waiver must be consented to by the spouse in the same manner as described above, unless the prior consent of the spouse expressly permits designations by the Participant of a new Beneficiary without any
requirement of further consent by the spouse; provided, however, that no general consent of the spouse is valid, unless the general consent acknowledges that the spouse has the right to limit consent to a specific Beneficiary and a specific optional
form of benefit and that the spouse voluntarily elects to relinquish both of such rights. 
 After the Participant’s
death, a surviving spouse entitled to distribution of the Pre-Retirement Survivor Annuity may in lieu thereof elect in writing any other settlement method available under Section 9.01. Distribution to the spouse shall be made as soon as
practicable following death, however, 

  
 39 

 it shall not be made prior to which would have been the Participant’s Normal
Retirement Date except with the express written consent of the surviving spouse. 
  

	 	(ii)	During the “applicable period,” the Plan Administrator shall furnish to the Participant a written notification of the terms and conditions of the
Pre-Retirement Survivor Annuity, the necessity of the Participant’s spouse’s consent to such a waiver for it to be valid, and the Participant’s right to revoke any such election along with the effect of such revocation.

 The “applicable period” means, with respect to a Participant, whichever of the following period ends
last: 
  

	 	(1)	The period beginning with the first day of the Plan Year in which the Participant attains age 32 and ending with the close of the Plan Year in which the Participant
attains age 34; 

  

	 	(2)	A reasonable period of time after the individual becomes a Participant; 

  

	 	(3)	A reasonable period of time after the survivor benefit provisions of Internal Revenue Code Section 401(a)(11) become applicable to the Participant; or

  

	 	(4)	A reasonable period of time after separation from service in the case of a Participant who separates from service before age 35. 

 

	 	(d)	Notwithstanding the foregoing, so long as the Participant’s benefit commencement date as defined in Section 9.01 has not occurred, the Plan Administrator
shall, without regard to whether or not such Beneficiary has so requested, make, as soon as administratively practicable following the Participant’s death, distribution to the Beneficiary of the Participant’s entire interest in all of his
Account(s) valued as of the Valuation Date coincident with or immediately preceding the distribution date if such interest does not exceed $5,000 or such other sum as may be permitted from time to time by applicable governmental regulations.

  

	 	(e)	The amount distributed shall be based on the value of the Participant’s Account determined as of the Valuation Date preceding the date of distribution.

 9.03 Termination of Employment Before Retirement. In the event a Participant
terminates employment with the Affiliated Employers other than by reason of his retirement after Normal Retirement Date or death, distribution of the Participant’s Vested Account values shall be accomplished from or after his Normal Retirement
Date but in all events no later than sixty days after the close of the Plan Year in which his Normal Retirement occurs except that an individual may elect in writing to defer commencement of his distribution to a date which is no later than
April 1 of the calendar year following the calendar year in which he attains age 70 1/2. Earlier distribution in any of the settlement modes authorized by Section 9.01 may be made on 

  
 40 

 the date the Participant elects in writing (or as soon as administratively practicable thereafter). The Plan
Administrator shall, without regard to whether or not such Participant has so elected, make, as soon as administratively practicable following his termination of employment, an early distribution to him of his entire vested Account balance if his
Account balance does not exceed $5,000 (or such other sum as may be permitted from time to time by applicable governmental regulations). For purposes of this Section 9.03, the amount distributed shall be based on the value of the
Participant’s Account determined as of the Valuation Date preceding the date of distribution. For purposes of determining whether the $5,000 threshold is met, the amount distributed shall be based on the value of the Participant’s Account
determined as of the Valuation Date preceding the date of distribution; provided, however, that for periods prior to October 17, 2000 previous distributions shall be aggregated with such Account values in determining the amount in the
Participant’s Account. 
 9.04 Code Requirements. All distributions will be made in accordance with the rules of
Internal Revenue Code Section 401(a)(9) and regulations thereunder, which are more fully described in Article XLVI hereof. The rules of Internal Revenue Code Section 401(a)(9) and regulations thereunder shall override any distribution
options described in this Plan to the extent that those options could be considered to be inconsistent with the requirements of Code Section 401(a)(9) and regulations thereunder. 

9.05 Benefits Only from Fund. Except as may otherwise be required by federal law, all benefits under the Plan shall be payable
only from the Fund and no liability for the payment of benefits under the Plan shall be imposed upon the Employer, or upon any officers, directors, shareholders, agents or Employees of the Employer. 

9.06 Valuation for Distribution. For purposes of all distributions, the amount to be distributed shall be based on the
Participant’s Account values as determined as of the Plan Valuation Date preceding the date of distribution. 
 9.07
Timing of Distribution. In any event, a distribution shall not be made until after the first Plan Valuation Date which is subsequent to the date of the Participant’s distribution request. 

9.08 Partial Distributions. At any time after a Participant’s retirement or other termination of
employment and prior to both his Normal Retirement (or the April 1 following the calendar year he has attained age 70 1/2 if he has elected to defer commencement of his distribution) and his commencement of distributions under a form specified in Section 9.01(a), (b), (c), (d), or (e), such
Participant may elect to receive a cash distribution from his Account in such dollar amount as he shall specify at any time during a Plan Year; provided, however, that he may not elect to receive more than two such cash distributions from his
Account during any Plan Year and each time he makes such election he must elect against receipt of the Qualified Joint and Survivor Annuity in accordance with the procedures (including spousal consent) specified in Section 9.01.

  
 41 

 ARTICLE X 
 WITHDRAWALS 
 10.01 Withdrawals by Participant. A Participant may, upon
written notice to the Employer at least 30 days in advance, withdraw any amount in the Participant’s Payroll Savings Account and/or Voluntary Contributions Account. The Trustee shall, to the extent necessary, convert the appropriate Account
values to cash and distribute the requested amount to the Participant. 
 10.02 Financial Hardship Withdrawal of Voluntary
Contributions, Payroll Savings Contributions, Matched and Unmatched Salary Redirection Contributions, Rollover Contributions, and Employer Incentive Contributions Accounts. In the event of the financial hardship of a Participant, the Plan
Administrator shall, upon the written application of the Participant, distribute an amount in cash equal to all or a portion of his Account values in his Employer Incentive Contributions Account plus the Account values of his Payroll Savings
Contributions Account plus the Account values in his Voluntary Contributions Account plus the Account values in his Rollover Contributions Account plus the Account values in his Salary Redirection Contributions Account; provided that no more shall
be distributed than necessary (including amounts necessary to pay any federal, state or local income taxes or penalties reasonably anticipated to result from the distribution) to meet the financial need created by the financial hardship as
determined by the Plan Administrator in accordance with the requirements of Code Section 401(k) and regulations thereunder, based on the certification of the Participant. 
 Financial hardship means one of the following events: Financial hardship is deemed to exist under this Plan if the purpose of the distribution is for one of the following or any other item permitted under
IRS Regulation section 1.401(k)-1(d)(3)(iii)(B): 
  

	 	(a)	expenses for (or necessary to obtain) medical care that would be deductible under Code Section 213(d) (determined without regard to whether the expenses exceed
7.5% of adjusted gross income); 

  

	 	(b)	costs directly related to the purchase of a principal residence for the Participant (excluding mortgage payments); 

 

	 	(c)	payment of tuition, related educational fees and room and board expenses for up to the next 12 months of post-secondary education for the Participant, the
Participant’s spouse, children, or dependents (as defined in Code Section 152 without regard to Code Section 152(b)(1), (b)(2), and (d)(1)(B)); 

 

	 	(d)	payments necessary to prevent the eviction of the Participant from the Participant’s principal residence or foreclosure on the mortgage on that residence;

  

	 	(e)	payments for burial or funeral expenses for the Participant’s deceased parent, spouse, children or dependents (as defined in Code Section 152 without regard
to Code Section 152(d)(1)(B)); or 

  
 42 

	 	(f)	expenses for the repair of damage to the Participant’s principal residence that would qualify for the casualty deduction under Code Section 165 (determined
without regard to whether the loss exceeds 10% of adjusted gross income). 

 In the event of a financial hardship,
distribution shall first be made from the Participant’s Voluntary Contributions Account and second, to the extent necessary, from the Participant’s Payroll Savings Contributions Account and third, to the extent necessary, from the Rollover
Contribution Account and fourth, to the extent necessary, from the Participant’s Employer Incentive Contributions Account and fifth, to the extent necessary, from the Participant’s Salary Redirection Contributions Account. Notwithstanding
any other provision hereof, no withdrawal of earnings which accrue in Salary Redirection Contribution Accounts after December 31, 1988 shall be permitted. 
 Before a distribution can be made from this Plan by reason of financial hardship, it will be necessary that the Participant have obtained all distributions, other than hardship distributions, and all
non-taxable loans currently available under any and all other tax qualified plans and nonqualified retirement or deferred compensation plans maintained by the Employer of any of its Affiliated Employers. 

If any Participant receives a financial hardship distribution of Salary Redirection Contributions, his Salary Redirection Contributions
will be suspended until 6 months after receipt of the financial hardship distribution. Following such suspension, he will be automatically reinstated to his salary redirection agreement as in effect prior to the hardship distribution (including both
Salary Redirection Contributions and/or Roth Elective Deferrals, as the case may be), except to the extent the election(s) were otherwise modified by the Participant after the date of suspension. (The foregoing sentence shall not be interpreted to
allow a Highly Compensated Employee to elect a rate of salary reduction (including both Salary Redirection Contributions and/or Roth Elective Deferrals, as the case may be) that exceeds the limitations otherwise imposed by the Plan or
Marshall & Ilsley Corporation. Such suspension shall also apply to employee elective contributions under all other qualified and non-qualified retirement or deferred compensation plan maintained by the Employer. 

A Participant who receives a hardship withdrawal and who is suspended from making Salary Redirection Contributions shall continue to be
considered an eligible Participant with no contributions during the suspension period for purposes of the deferral percentage test described in Section 19.01. 
 For purposes of this Section 10.02 any subaccount in the Merged Plan Account which is attributable to the same type of contribution as made to the Accounts available for withdrawal hereunder shall be
available for withdrawal on the same terms and conditions as the comparable Account described in this Section 10.02. 

10.03 Timing of Withdrawals. All withdrawals shall be made as soon as practicable after the Valuation Date designated by the
Participant in his election. Such election must be filed with the Plan Administrator on a form prescribed and approved therefore at least one (l) month prior to such Valuation Date, except that financial hardship withdrawals pursuant to
Section 10.02 shall be made as soon as practicable after the determination of financial hardship by the 

  
 43 

 Plan Administrator based on the values in the Participant’s Account on the Valuation Date coincident
with or next preceding the date of such distribution. 
 10.04 Effect on Current Year’s Employer Incentive
Contributions. A withdrawal under this Article made during a Plan Year from the Salary Redirection Contributions Account shall have no effect on the obligation of the Employer to make Employer Incentive Contributions under Section 6.01 or
the allocation of Incentive Contributions pursuant to Section 6.05. 
 10.05 Restriction on Withdrawals.
Notwithstanding any other provision of this Plan to the contrary, a Participant shall not be permitted to make a withdrawal from any of his Accounts in this Plan, without the consent of his spouse given in a writing signed by the spouse and
witnessed by a plan representative or notary public after the spouse has received an explanation in accordance with the procedures of Section 9.01 of the fact that if such withdrawal is not made the Participant’s spouse would have had with
respect to the withdrawn amounts the qualified joint and survivor annuity rights described in Section 9.01 upon the Participant’s distribution following termination of employment and the death benefit rights described in Section 9.02.

  
 44 

 ARTICLE XI 
 ADMINISTRATION 
 11.01 Named Fiduciaries and Plan Administrators.
Marshall & Ilsley Corporation shall supervise and control the operation of the Plan and its general administration (other than investment matters which shall be the responsibility of the Investment Committee and the Trustee) and shall be a
named fiduciary and shall be the Plan Administrator for purposes of ERISA. Marshall & Ilsley Corporation may delegate any of its administrative duties through its Chairman or any Vice President to any of its officers or employees or to a
Retirement Committee appointed by the Chairman or to any Employer. An Employer may delegate any of its administrative duties through its President or Vice President to any of its officers or employees or to a Retirement Committee appointed by its
President. The Investment Committee and the Trustee shall also be named fiduciaries. 
 11.02 Powers of Administration.
The Plan Administrator shall have such powers as may be necessary to direct the general administration of the Plan, including (but not by way of limitation) the following: 

 

	 	(a)	to construe and interpret the Plan and to make equitable adjustments for any mistake or errors made in the administration thereof; 

 

	 	(b)	to establish and administer the claims procedure provided for in Section 11.05; 

 

	 	(c)	to prescribe such procedures, rules and regulations as it shall deem necessary or proper for the efficient administration of the Plan or any of its duties hereunder;

  

	 	(d)	to decide questions of eligibility for participation, determine allocations and determine the right of any person to a benefit and to determine the amount, manner and
time of payment of any benefits; 

  

	 	(e)	to prescribe the form and manner of application for any benefits hereunder or forms to be used in the general administration hereof; 

 

	 	(f)	to receive from Employers and from Participants or their Beneficiaries such information as shall be necessary for the proper administration of the Plan; and

  

	 	(g)	to establish a written procedure for determining the qualified status of any “domestic relations order” and complying with requirements of paragraph 206(d)(3)
of ERISA relating to such “domestic relations orders”. 

  

	 	(h)	to take voluntary corrective action the Plan Administrator considers necessary and appropriate to remedy any inequity that results from incorrect information received
or communicated in good faith, or as a consequence of administrative or operational error. Such corrective action may include, but shall not be limited to, taking any action required under the employee plans compliance resolution system of the
Internal Revenue Service, any asset management or fiduciary conduct error correction program available through the Department of Labor 

  
 45 

	 	
(DOL) or any similar correction program instituted by the IRS, DOL or other administrative agency, reallocating Plan assets, adjusting amounts of future payments to Participants, Beneficiaries or
alternate payees, and instituting and prosecuting any action to recover benefit payments made in error or on the basis of incorrect or incomplete information. 

 All determinations of the Plan Administrator shall be conclusive and binding for all purposes hereunder to the fullest extent permitted by law. 

11.03 Claim and Domestic Relations Order Review Procedure. The Plan Administrator shall establish and administer a reasonable
written procedure for the filing of claims (requests for benefits) by the Participants or their Beneficiaries, and for determining the qualified status of any “domestic relations order” as defined in paragraph 206(d)(3) of ERISA, including
segregation to the extent required by law of any Accounts thereby contested, all in accordance with such regulations as may be issued by the Secretary of Labor. The Plan Administrator shall provide written notice to any Participant, Beneficiary, or
alternate payee whose claim for benefits under the Plan has been denied, setting forth the specific reasons for such denial, and shall afford a reasonable opportunity to any Participant or Beneficiary for a full and fair review of the decision
denying the claim in accordance with such regulations as may be issued by the Secretary of Labor and consistent with the claims procedure established by that Plan Administrator. 

The Plan Administrator shall have full and complete discretionary authority to determine eligibility for benefits, to construe the terms
of the Plan and to decide any matter presented through the claims review procedure. Any final determination by the Plan Administrator shall be binding on all parties. If challenged in court, such determination shall not be subject to de novo review
and shall not be overturned unless proven to be arbitrary and capricious upon the evidence considered by the Plan Administrator at the time of such determination. 
 Notwithstanding any other provision hereof to the contrary, in the event that a qualified domestic relations order permits or requires distribution from a Participant’s Account at a time earlier than
otherwise permitted under the Plan and if such payment can be made from the currently vested portion of the Participant’s Account values, then such payment shall be made notwithstanding the fact that it is being made prior to the time that the
Participant himself or herself could receive distribution of the monies under the rules of the Plan. The Participant’s Account balances in the Plan shall be permanently reduced by the amount of such payment from the Plan; the reduction shall,
to the extent possible given his vested interest in each of his Accounts in the Plan and unless the qualified domestic relations order specifically orders to the contrary, be made pro rata among each of the Accounts which the Participant has in the
Plan. In the event the Participant is not fully vested in his Profit-Sharing and Employer Money Purchase Pension Employer Contribution Accounts at the time such distribution to an alternate payee is made, his vested interest in that Account at any
relevant time shall equal P(AB+D)-D. For purposes of applying this formula: P is the vested percentage at the relevant time; AB is the Profit-Sharing and Employer Money Purchase Pension Employer Contribution Account balances at the relevant time; D
is the amount of the distribution from his Profit-Sharing and Employer Money Purchase Pension Employer Contribution Accounts to the alternate payee. 

  
 46 

 ARTICLE XII 
 RIGHTS OF PARTICIPANTS 
 12.01 No Contract of Employment. The adoption and
maintenance of this Plan shall not be construed as creating any contract of employment between the Employer and any employee, and the Employer shall have the right in all respects to deal with its employees, their hiring, discharge, compensation and
conditions of employment as though the Plan did not exist. No employee shall have any right to question the action of the Employer in discontinuing its contributions to this Plan or in terminating this Plan in its entirety. Each Participant shall
have the right to see the record of his Account(s) but no right to inquire as to the Accounts of other Participants. 
 12.02
Restrictions as to Payees. This Plan is established for the purpose of providing for the support of the Participants upon their retirement and for the support of their Beneficiaries as herein provided. No right or interest of any Participant
shall be subject to alienation, anticipation or encumbrance by the Participant, and, to the fullest extent provided by law, no rights or interest of any kind of any Participant shall be subject to garnishment, attachment, execution or levy of any
kind except payments pursuant to qualified domestic relations orders pursuant to paragraph 206(d)(3) of ERISA and except payments pursuant to federal tax liens and as permitted by Code Section 401(a)(13)(C). If any Participant or Beneficiary
entitled to receive a distribution under the Plan is a minor or incompetent person or is unable to attend to his or her own financial affairs, in the good faith judgment of the Plan Administrator, then payment may be authorized by the Plan
Administrator to be made to the person or persons responsible for, caring for, or supporting such Participant or Beneficiary, in the discretion of the Plan Administrator. Any such payments shall fully discharge all obligations of all fiduciaries
under the Plan and Trust as to the payee, manner and amount of such distribution(s). 
 12.03 Merger, Consolidation or
Transfer. In the event this Plan is merged or consolidated with, or its assets or liabilities or the Fund are transferred to, any other plan or trust, each Participant hereunder shall be entitled to receive a benefit calculated immediately after
such merger, consolidation or transfer (if the Plan then terminates) which is at least equal to the value of the benefit he would have been entitled to receive had this Plan terminated immediately prior to such event. 

  
 47 

 ARTICLE XIII 
 AMENDMENT AND TERMINATION 
 13.01 Amendment. Marshall & Ilsley
Corporation, through action of its Board of Directors or action of any other person authorized by the Board to take such action, reserves the right at any time, and from time to time, to amend in whole or in part any or all of the provisions of the
Plan, but no amendment shall be made by which any funds under the Plan can be used for, or diverted to, purposes other than for the exclusive benefit of Employees and their Beneficiaries. 

Unless otherwise specifically stated in the amendment to the contrary, no amendment to this Plan shall have any applicability to persons
who retired or otherwise terminated employment prior to the effective date of such amendment. The rights of such persons shall be governed by the provisions of the Plan as in effect at the time of their retirement or earlier termination of
employment, except that the rules for investment of Accounts shall apply equally to active and retired or terminated Participants. 
 Unless the amendment is necessary to permit the Plan to meet the requirements for Treasury approval under the Internal Revenue Code or under any subsequent revenue law, to meet the requirements of the
Department of Labor under ERISA or, of any other governmental authority under any other applicable law, no amendment shall adversely affect the benefits to which an Employee became entitled prior to the effective date of such amendment. 

13.02 Termination. It is intended by the Employer that the Plan shall constitute a permanent Plan for providing benefits for
Employees, but each Employer, through action of its Board of Directors or action of any other person authorized by the Board to take such action, reserves the right to terminate the Plan at any time, or to permanently discontinue contributions
thereto, with respect to its Employees, and Marshall & Ilsley Corporation, through action of its Board of Directors or action of any other person authorized by the Board to take such action, shall have the right to terminate the Plan as to
all Employees, and thereafter no Employee of the Employer shall become a Participant nor shall any Employee of the Employer accrue additional benefits hereunder. Upon such termination (or partial termination as to Participants affected thereby) or
permanent discontinuance of contributions, each Participant and Beneficiary of each deceased Participant shall have a fully vested and nonforfeitable interest in any values held in his Account(s), but only with respect to amounts attributable to
prior contributions to such Account(s), as of the date of such termination or discontinuance, and such values shall be distributed to such persons within a reasonable time under any method provided in the Plan. 

13.03 Non-Reversion. The Employer shall have no right, title or interest in the contributions made by it under the Plan and no
part of the Trust Fund shall ever revert to it or for its benefit nor shall any part of the Trust Fund ever be used other than for the benefit of the Participants and their Beneficiaries except as follows: 

 

	 	(a)	In the event that the Internal Revenue Service initially determines that the Plan does not constitute a qualified employee pension plan meeting the requirements of
Section 401(a) of the Internal Revenue Code with respect to the Employer’s initial adoption of the Plan, then the Plan shall be null and void from the effective date 

  
 48 

	 	
with respect to the Employer, and any funds in the Trust at the time of such unfavorable determination which have been contributed by the Employer shall be returned within one year of the adverse
Internal Revenue Service determination. In order for this paragraph (a) to be applicable, it is necessary that the application for the determination with respect to the Plan’s initial qualification have been made by the time prescribed by
law for filing the Employer’s return for the taxable year in which such Plan was adopted or such later date as the Internal Revenue Service may prescribe. 

 

	 	(b)	All contributions hereunder are hereby expressly made conditional on their deductibility. If a contribution is made to the Trust by the Employer by a mistake of fact,
then such contribution shall be returned to the Employer within one year after the payment of the contribution; and if any part or all of a contribution is disallowed as a deduction under Section 404 of the Internal Revenue Code with respect to
the Employer, then to the extent a contribution is disallowed as a deduction it shall be returned to the Employer within one year after the disallowance. 

  
 49 

 ARTICLE XIV 
 MISCELLANEOUS 
 14.01 Legislation Governs. This Plan is intended to meet
the requirements of Section 401 and related provisions of the Internal Revenue Code and all applicable provisions of ERISA and regulations thereunder and any amendments thereto or replacements thereof (hereinafter, the “Applicable Employee
Benefits Law”) and this Plan shall be construed and operated accordingly. In the event of any conflict between any part, clause or provision hereof and the Applicable Employee Benefits Law, the provisions of such law shall be deemed controlling
and the conflicting part, clause or provision hereof shall be deemed superseded to the extent of the conflict. 
 The law of the
State of Wisconsin shall govern this Plan in all matters which are to be determined by reference to state law as distinguished from federal law. 
 14.02 Indemnification. No person incurring any loss resulting from liability for breach of its fiduciary duties with respect to the Plan shall be entitled to indemnification out of the assets of
the Fund. However, the Employer shall indemnify any director, officer, employee, or agent of the Employer against any claim, liability, or action (including an action by or in the right of the Employer) asserted against such person in connection
with an action or a failure to act with respect to the Plan, if such person acted in good faith and in a manner he believed to be in the best interests of Plan Participants; provided, however, that with respect to actions maintained by or in the
right of the Employer, no indemnification will be made as to any claim, liability, or action in which such director, officer, employee, or agent of the Employer shall have been adjudged to be liable for negligence or misconduct in the performance of
his duties, unless in light of all the attendant circumstances it shall be determined that such person is fairly and reasonably entitled to indemnity. This indemnification shall not duplicate but may supplement any coverage available under any
applicable insurance. 
 14.03 Construction. The masculine gender, where appearing in the Plan, shall be deemed to
include the feminine or common genders, unless the context clearly indicates to the contrary. The words “hereof”, “hereunder”, and other similar compounds of the word “here” shall mean and refer to the entire Plan, not
to any particular provision or section. Where applicable, words in the singular shall include the plural, and vice versa. 

14.04 Headings. The headings and subheadings in this instrument are inserted for convenience and reference only and are not to be
used in construing the Plan or any provision thereof. 
 14.05 Non-Discrimination. Whenever any discretionary action or
decision is to be made by the Plan Administrator hereunder, such action or decision shall be final and binding upon all persons, provided that the Plan Administrator exercises such discretion in a uniform and non-discriminatory fashion so that all
Participants under similar circumstances are treated in a like manner. 

  
 50 

 14.06 Absence of Guaranty. Neither the Employer nor the Plan Administrator nor the
Investment Committee in any way guarantee the Fund against loss or depreciation. Unless otherwise provided by law, the Employer, its directors, officers, employees and agents and the Plan Administrator and the Investment Committee shall in no manner
be liable to any Participant or Beneficiary or any other person under or by reason of the terms and conditions of the Plan. 

14.07 Unclaimed Accounts. Any Account which cannot be paid due to an inability to locate the applicable Participant or
Beneficiary, shall be forfeited and used to offset Employer Contributions otherwise due hereunder. Prior to any forfeiture, the Plan Administrator shall make reasonable attempts to locate the person entitled to any distribution. Any Account
forfeited pursuant to this Section 14.07 shall be restored and paid to the applicable Participant or Beneficiary upon the making of a valid claim by such person. The amount to be restored shall equal the vested amount in the Account as of the
Valuation Date coincident with or immediately preceding the forfeiture and shall come first from the Employer’s discretionary contribution under Section 3.01 for a Plan Year, and finally, if necessary from a special one-time Employer
contribution made solely for this purpose. 
 14.08 Corporate Dispositions. A Participant’s Salary Redirection
Contributions Account and other Accounts hereunder shall be distributed upon the Participant’s severance from employment, i.e., for purposes of this Plan, an Employee shall be deemed to have terminated his employment in the circumstance where
the Employer has sold assets or a subsidiary to an unrelated third party and such person commences working for the purchaser of the assets or continues working for the subsidiary after such sale with the result that the employer of such person is no
longer a member of a group of Affiliated Employers that includes Marshall & Ilsley Corporation, so long as no assets or liabilities attributable to such person are transferred from this Plan to a plan of the purchaser (or an affiliate of
the purchaser under Code Section 414(b), (c) or (m)) and so long as the new employer is not substituted as a sponsor of this Plan (or, in the case of a stock sale, the subsidiary in the hands of the new owner does not continue this Plan).
A distribution under this section shall be subject to the other provisions of the Plan regarding distributions, other than provisions that require a separation from service before such amounts may be distributed. 

14.09 Reemployment Following Military Service. Effective as of December 12, 1994 and notwithstanding any provision of this
Plan to the contrary, contributions, benefits and service credit with respect to qualified military service will be provided in accordance with Section 414(u) of the Internal Revenue Code. 

14.10 Expenses. All expenses incurred in the administration of the Plan shall be paid for by the Trust to the extent not paid by
the Employer. Such expenses shall include any expenses incident to the administration of the Plan, including, but not limited to, fees of accounts, counsel and other specialists. 

14.11 Electronic Alternative to Writings. Any election, designation, waiver or other action to be taken in writing pursuant to the
provisions of this Plan may instead be made electronically to the extent permitted under IRS and Department of Labor Regulations governing retirement plans and to the extent permitted under applicable procedures established by the Plan
Administrator. 

  
 51 

 ARTICLE XV 
 TOP-HEAVY PROVISIONS 
 15.01 Application. The provisions of this Article XV
shall become effective only in any Plan Year in which the Plan is determined to be a top-heavy plan within the meaning of Section 416(g) of the Code. 
 15.02 Determination of Top-Heavy Status. The Plan will be a top-heavy plan for the Plan Year if, as of the last day of the preceding Plan Year: 

 

	 	(a)	the aggregate of the value of all the Accounts (excluding any amount representing a rollover from an IRA or qualified plan and excluding transferred amounts from the
M&I Retirement Plan and excluding any amount attributable to deductible voluntary contributions, and, only for the first Plan Year of the Plan, excluding any Employer contributions due to be allocated as of such date) of Key Employees exceeds
60% of the value of such Accounts of all Employees under the Plan (the “60% Test”); or 

  

	 	(b)	the Plan is part of a Required Aggregation Group and the Required Aggregation Group is a Top-Heavy Group. 

Notwithstanding the results of the 60% Test, the Plan shall not be considered a top-heavy plan for any Plan Year in which the Plan is
part of a Required or a Permissive Aggregation Group which is not a Top-Heavy Group. 
 The present values of accrued benefits
and the amounts of Account balances of a Participant as of the determination date shall be increased by the distributions made with respect to the Participant under the Plan and any plan aggregated with the Plan under Section 416(g)(2) of the
Code during the 1-year period ending on the determination date. The preceding sentence shall also apply to distributions under a terminated plan which, had it not been terminated, would have been aggregated with the Plan under
Section 416(g)(2)(A)(i) of the Code. In the case of a distribution made for a reason other than separation from service, death, or disability, this provision shall be applied by substituting “5-year period” for “1-year period.
The accrued benefits and Accounts of any individual who has not performed services for the Employer during the 1-year period ending on the determination date shall not be taken into account. 

15.03 Special Vesting, Minimum Contribution and Compensation Rules. While the Plan is a top-heavy plan, the following special
rules shall apply: 
  

	 	(a)	Notwithstanding the provisions of the regular vesting schedule of this Plan set out in Article VIII hereof, a Participant’s interest in his Profit-Sharing and
Money Purchase Pension Employer Contribution Accounts shall become fully vested and nonforfeitable as determined in accordance with the following: 

  

			
	 	  	  Portion of Participant’s
	 	  	Profit-Sharing and Money

  
 52 

					
	 	  	Purchase Pension Employer	 
	 	  	Contribution Accounts	 
	 Years of Vesting Service
	  	Vested in Participant	 
	 Less than 2
	  	 	0	  
	 At least 2 but less than 3
	  	 	20	% 
	 At least 3 but less than 4
	  	 	40	% 
	 At least 4 but less than 5
	  	 	60	% 
	 At least 5 but less than 6
	  	 	80	% 
	 6 or more
	  	 	100	% 

 If the Plan was a top-heavy plan and subsequently ceases to be such, the vesting schedule in this
Section 15.03(a) shall continue to apply in determining the vesting percentage of any Participant who had at least five years of Vesting Service as of the last day of the last Plan Year that the Plan was top-heavy. For all other Participants,
two Profit-Sharing Employer Contribution Accounts shall be maintained—the old Profit-Sharing Employer Contribution Account and the new Profit-Sharing Employer Contribution Account. The starting balance of the old Profit-Sharing Employer
Contribution Account shall be the balance as of such last day. All contributions and forfeitures allocated as of a date subsequent to such last day shall be allocated to the new Profit-Sharing Employer Contribution Account. The Participant’s
vesting percentage with respect to his new Profit-Sharing Employer Contribution Account shall be determined in accordance with the regular vesting schedule provided in Article VIII hereof. The Participant’s vesting percentage in his old
Profit-Sharing and Money Purchase Pension Employer Contribution Account at any time shall be the greater of (i) the vesting percentage determined under the regular vesting schedule provided in Article VIII hereof or (ii) the vesting
percentage determined on such last day under the vesting schedule in this subsection. 
  

	 	(b)	If contributions, including Salary Redirection Contributions or Employer Incentive Contributions, or forfeitures or both are allocated to the Account of any Key
Employee, then the total amount thereof, expressed as a percentage of the Key Employee’s Code Section 415 compensation (limited to the first $150,000 thereof) subject to annual adjustment automatically in accordance with Code
Section 416(d)(2) for the Key Employee receiving the largest such percentage shall be determined. All Participants who remain in the Employer’s employ at the end of the Plan Year and who are Non-Key Employees shall then be entitled to
receive certain minimum allocations to their Profit-Sharing and Money Purchase Employer Contribution Accounts as follows: 

  

	 	(i)	if the percentage so determined for the Key Employee equals or exceeds 3%, then otherwise eligible non-Key Employees must receive allocations to the combination of
their Profit-Sharing and Money Purchase Employer 

  
 53 

	 	
Contribution Accounts of at least 3% of their Code Section 415 compensation; and 

  

	 	(ii)	if the percentage so determined for the Key Employee is less than 3%, then otherwise eligible non-Key Employees must receive allocations at least equal to such
percentage. 

 Employer Incentive Contributions shall be taken into account for purposes of satisfying the minimum
contribution requirements of the Plan and Section 416(c)(2) of the Code. The preceding sentence shall apply with respect to Employer Incentive Contributions under the Plan or, if the Plan provides that the minimum contribution requirement shall
be met in another plan, matching contributions to such other plan. Employer Incentive 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 Section 401(m) of the Code. 
 For purposes of satisfaction of the minimum
contribution requirements for Non-Key Employees herein imposed, no contributions or benefits under the Social Security Act shall be taken into account nor may contributions under Article V for Non-Key Employees be taken into account. 

 

	 	(c)	Notwithstanding paragraph (b) above, the amount which must be allocated to Non-Key Employees under paragraph (b) above shall be reduced by the amounts
otherwise allocated under Articles III, IV, and VI, but not amounts allocated under Article V. 

  

	 	(d)	The Employer may provide that the minimum benefit requirement shall be met in another plan (including another plan that consists solely of a cash or deferred
arrangement which meets the requirements of Section 401(k)(12) of the Code and matching contributions with respect to which the requirements of Section 401(m)(11) of the Code are met). 

15.04 Top-Heavy Provisions. For purposes of this Article XV, the following definitions shall apply: 

 

	 	(a)	“Key Employee” shall mean any Employee or former Employee (including any deceased Employee) who at any time during the Plan Year that includes the
determination date was an officer of the Employer having annual compensation greater than $130,000 (as adjusted under Section 416(i)(1) of the Code for Plan Years beginning after December 31, 2002), a 5-percent owner of the Employer, or a
1-percent owner of the Employer having “annual compensation” of more than $150,000. For this purpose, annual compensation means compensation within the meaning of Section 415(c)(3) of the Code. The determination of who is a Key
Employee will be made in accordance with Section 416(i)(1) of the Code and the applicable regulations and other guidance of general applicability issued thereunder. 

  
 54 

	 	(b)	“Required Aggregation Group” shall mean those plans of the Employer and of all Affiliated Employers in which a Key Employee participates or which must
be aggregated in order to satisfy the participation and coverage requirements of Code Section 401(a)(4) or Code Section 410. 

  

	 	(c)	“Permissive Aggregation Group” shall mean the Required Aggregation Group, plus any other plans maintained by the Employer or an Affiliated Employer,
which the Employer may choose to aggregate, provided all plans so aggregated satisfy the participation and coverage requirements of Code Section 401(a)(4) and Code Section 410. 

 

	 	(d)	“Top-Heavy Group” means any aggregation group in which the present value of all accrued benefits (excluding amounts attributable to deductible
voluntary contributions) of Key Employees exceeds 60% of the present value of all accrued benefits for all participants in plans within the aggregation group. 

 

	 	(e)	“Non-Key Employee” means any employee of the Employer or an Affiliated Employer who is not a Key Employee. 

  
 55 

 ARTICLE XVI 
 INVESTMENTS 
 16.01 Investment Committee. The Chairman of
Marshall & Ilsley Corporation shall appoint the M&I Retirement Investment Committee (the “Investment Committee) consisting of a Chairman and two additional members to direct the Trustee with respect to the investment of the Fund.
The Chairman and each such additional member of the Investment Committee shall serve at the pleasure of the Chairman of Marshall & Ilsley Corporation until their successors are appointed in like manner. Such Committee shall be a named
fiduciary of the Plan. 
 Any such Investment Committee may in its regulations or by action delegate the authority to any one or
more of its members to take any action on behalf of the Investment Committee and as to such actions, no meetings or unanimous consent shall be required. The Investment Committee may also act at a meeting or by its unanimous written consent. A
majority of the members of the Investment Committee shall constitute a quorum for the transaction of business and shall have full power to act hereunder. All decisions shall be made by vote of the majority present at any meeting at which a quorum is
present, except for actions in writing without a meeting which must be unanimous. The Investment Committee may appoint a Secretary who may, but need not be, a member of the Investment Committee. The Investment Committee may adopt such bylaws and
regulations as it deems desirable for the conduct of its affairs. 
 The Investment Committee shall have full power to exercise
the Employer’s power under the Trust to direct investments or to appoint Investment Managers unless and until such authority is superseded by action of the Board of Directors of Marshall Ilsley Corporation (or its successor). 

16.02 Investment Funds. 
  

	 	(a)	The assets of the Plan shall be held in the Trust and shall be invested in one or more Investment Funds maintained by the Trustee consistent with this
Section 16.02. 

  

	 	(b)	One of the Investment Funds shall be known as the M&I Fund and it shall be invested entirely in common stock of Marshall & Ilsley Corporation except for
such small portion thereof as the Trustee determines shall be held uninvested or invested in cash or money market instruments for the purpose of maintaining such liquidity as shall be necessary for the orderly administration of the Plan and Trust.

  

	 	(c)	The Investment Committee shall provide for the creation of additional Investment Funds to be determined by the Committee in its discretion. 

 

	 	(d)	The Committee shall permit all Participants to direct the investment of their Accounts among the Investment Funds, including the M&I Fund. Excluding the portion of
the Incentive Contributions Account invested in the M&I Fund (but not any portion thereof attributable to Incentive Contributions made after 2007), a Participant shall not be permitted to direct allocations of his existing Accounts

  
 56 

 into the M&I Fund if doing so would cause more than 30% of his total amounts in such
portion of his Accounts to be invested in the M&I Fund; provided, however, that a Participant may direct the investment of up to 30% of contributions made each Plan Year under Articles III, IV and V and, for Plan Years beginning after 2007,
Article VI in the M&I Fund notwithstanding the fact that such portion of his Account balances are already at least 30% invested in the M&I Fund or that the investment of such contributions would cause such Account balances to be more than
30% invested in the M&I Fund. The frequency with which a Participant may change such investment election, the manner of directing such change of investment election, the time by which such change must be communicated to the Plan by the
Participant and all other aspects of administration of Participant investment elections shall be in compliance with such policies and procedures as established by the Investment Committee from time to time. The Investment Committee shall exercise
its discretion so that the Plan and its fiduciaries will be entitled to relief under Section 404(c) of the Employee Retirement Income Security Act of 1974, as amended. 

 

	 	(e)	A Participant’s ESOP Account shall be invested in the M&I Fund (except to the extent otherwise provided in Section 28.05 hereof).

  

	 	(f)	Marshall & Ilsley Corporation, as the settlor of the Plan and the Trust, hereby declares that its intent and purpose in creating the M&I Fund is to align
the interests of Plan Participants with Marshall & Ilsley Corporation. Marshall & Ilsley Corporation believes that its success as an entity and the performance of the M&I Fund will both be enhanced and facilitated in the long
run by such alignment. At the same time, Marshall & Ilsley Corporation recognizes that the performance of a business fluctuates and the valuation of stock fluctuates. As a result, it is possible that M&I’s business and the value of
the M&I Fund could decline significantly (even to the point where Marshall & Ilsley Corporation’s ongoing viability comes into question). Nevertheless, Marshall & Ilsley Corporation, as the settl or of the Plan and Trust,
intends and declares that neither the Committee nor any other Plan fiduciary shall have any authority or ability to cause the M&I Fund to be invested in anything but M&I stock, except for liquidity needs as discussed in paragraph
(b) above. Marshall & Ilsley Corporation believes that, should it suffer reversals of fortune, the alignment of the interests of Plan Participants and Marshall & Ilsley Corporation may be the very thing which will enable
Marshall & Ilsley Corporation to again prosper. In sum, Marshall & Ilsley Corporation, as settlor of the Plan and Trust, hereby declares that it is its intent and command that there can be no change in circumstances or event (no
matter how dire) which would allow the Committee or any other Plan fiduciary to shift investment of the M&I Fund into investments other than M&I stock (except for liquidity needs as discussed in paragraph (b) above).

  

	 	(g)    (i)	Notwithstanding any other provision of this Plan to the contrary, the Investment Committee shall continue to maintain a fund which, subject to subparagraph
(3) below, invests solely in the common stock of Metavante 

  
 57 

 Technologies, Inc. (the “Metavante Stock Fund”) as one of the Investment Funds
available pursuant to this Plan, in addition to the M&I Fund and the Investment Funds which the Investment Committee determines in its discretion to make available under this Section 16.02. The Investment Committee is directed to continue
to maintain the Metavante Stock Fund in accordance with the rules set forth in this paragraph (g) regardless of the anticipated performance of the stock of Metavante or financial prospects of Metavante, including even its actual or impending
insolvency. It is the specific intent of Marshall & Ilsley Corporation that each Plan Participant shall be the only person with any authority to determine to direct the sale of all or any part of his interest in the Metavante Stock Fund.

 The Metavante stock is held by the Plan as the result of a corporate reorganization/separation transaction and represents the
proceeds of securities which were previously held by the Plan which qualified for the special tax treatment on net unrealized appreciation (“NUA”) described in Internal Revenue Code § 402(e)(4) and regulations thereunder. The
Metavante stock continues to be subject to the special tax treatment on net unrealized appreciation. 
  

	 	(ii)	The Metavante Stock Fund shall continue to be an Investment Fund available under this Plan at all times subject to the following rules: 

 

	 	(1)	A Participant’s interest in the Metavante Stock Fund shall be continued until the Participant directs otherwise. A Participant may direct disposition of all or any
part of his interest in the Metavante Stock Fund at the same times at which Participants have the ability to make changes in their investment elections with respect to the other Investment Funds created under this Section 16.02. A Participant
may not direct the investment of any contributions to the Plan on his behalf into the Metavante Stock Fund. A Participant may not direct monies from other Investment Funds in the Plan into the Metavante Stock Fund. 

 

	 	(2)	Any cash dividends or other cash distributions with respect to Metavante stock allocable to the account of a Participant shall not be allocated to the
Participant’s Metavante Stock Fund account. Instead, they shall be allocated among the Participant’s other Investment Fund accounts in the same manner as new contributions made on behalf of the Participant under the Plan.

  

	 	(3)	Rights to subscribe to additional shares of Metavante stock allocable to the account of a Participant shall be sold for cash. Such cash shall not be allocated to the
Participant’s Metavante Stock Fund account. Instead, it shall be allocated among the Participant’s other Investment Fund accounts in the same manner 

  
 58 

 as new contributions made on behalf of the Participant under the Plan.

  

	 	(4)	Any Metavante Stock received as a result of a stock split or stock dividend with respect to Metavante stock allocable to the account of a Participant shall continue to
be held on his behalf in his Metavante Stock Fund investment account. 

  

	 	(5)	Any stock in a different corporation (the “Spinoff Corporation”) awarded with respect to Metavante Stock allocable to the account of a Participant as a result
of a spinoff implemented by Metavante shall be held on the Participant’s behalf in a separate Investment Fund holding that stock only and the rules applicable to the Metavante Stock Fund under this paragraph (g) (including its mandated
continued existence) shall separately be applicable to the Investment Fund holding the stock of the Spinoff Corporation. 

  

	 	(6)	Any other transaction not specifically described in subparagraphs 1 through 5 above shall be handled in accordance with the rules applicable to the transaction
described in whichever of subparagraphs 1 through 5 above to which it is most similar. 

  

	 	(iii)	Neither the Investment Committee nor any other Plan fiduciary shall have any authority or ability to determine to sell any stock of Metavante (or any Spinoff
Corporation) except pursuant to the specific direction of a Plan Participant with respect to his Account or except to the extent the Investment Committee determines that for purposes of liquidity it is necessary that a small portion of the Metavante
Stock Fund be invested in interest bearing accounts, money market instruments or similar cash equivalents. 

  

	 	(iv)	To the extent that any shares of Metavante stock held as part of the Metavante Stock Fund have voting rights attendant thereto, the Trustee shall exercise such voting
rights as provided below: 

  

	 	(1)	At the time it receives notice with respect to the holding of a Metavante shareholders meeting, the Trustee shall cause to be prepared and delivered to each Participant
who has Metavante stock allocated to his Account a notice and form of proxy directing how the Trustee shall vote at such meeting or any adjournment thereof. Such notice shall instruct each individual to return his proxy to the Trustee in accordance
with reasonable time deadlines and procedures. 

  

	 	(2)	The Trustee shall vote all shares of Metavante stock held in a Participant’s Account for which it has received instructions in accordance with those instructions.
Metavante stock held in an 

  
 59 

 Account shall not be voted if no instructions have been timely received
from individuals pursuant to the 
 preceding paragraph. 

 

	 	(3)	The rules set forth in subparagraphs 1 and 2 above shall also apply in the context of a tender offer or solicitation of proxies, consents or other authorizations.

  

	 	(4)	Any cash received in exchange for tendered shares will be credited to the Account of the Participant whose shares were tendered. Such cash shall not be allocated to the
Metavante Stock Fund, but, instead, shall be allocated among other Investment Funds in the same manner as new contributions made on behalf of the Participant under the Plan. Any securities received in exchange for shares of Metavante stock tendered
by a Participant will be credited to the Account of the Participant whose shares were tendered and shall be retained in such Account as part of a separate Investment Fund under the Plan which is separate from the Metavante Stock Fund and the rules
applicable to the Metavante Stock Fund under this paragraph (g) (including its mandated continued existence) shall separately be applicable to the investment fund holding such stock. 

 

	 	(v)	The Trustee shall forward to Plan Participants copies of any materials furnished to the Trustee by Metavante in the Trustee’s capacity as the holder of Plan
assets. 

  

	 	(h)	In the case of a deceased Participant, such Participant’s Beneficiary shall be treated as the Participant for purposes of this Section 16.02.

  

	 	(i)	The Plan was previously sponsored by Marshall & Ilsley Corporation. In connection with a corporate reorganization/separation transaction pursuant to which
Marshall & Ilsley Corporation’s banking subsidiaries and technology subsidiaries have been separated, sponsorship of the Plan was transferred to a different corporate entity which was originally named New Marshall & Ilsley
Corporation but which has changed its name to Marshall & Ilsley Corporation. Similarly, the M&I stock now held by the Plan is not the stock of the original Marshall & Ilsley Corporation but is the stock of the entity previously
known as New Marshall & Ilsley Corporation and now known as Marshall & Ilsley Corporation. New Marshall & Ilsley Corporation stock acquired by the Plan on the date of the corporate reorganization/separation transaction was
acquired as a distribution with respect to stock of the original Marshall & Ilsley Corporation held by the Plan and all provisions of the Plan which were previously applicable with respect to stock of Marshall & Ilsley Corporation
shall continue to be applicable with respect to stock of New Marshall & Ilsley Corporation. 

 16.03
Net Earnings. The net earnings of each of the Investment Funds created under Section 16.02 in which accounts are invested shall be determined separately. The net earnings of 

  
 60 

 each Fund shall consist of the income from the assets in the Fund, including interest, dividends, profits
from the sale of assets and unrealized appreciation, minus all fees and expenses charged to the Fund, losses from the sale of assets and unrealized depreciation. The Trustee will make an annual appraisal of all Accounts as of each Valuation Date.
Employer Stock, other securities and other assets shall be valued at their fair market value in accordance with a customary method consistently followed and uniformly applied. The net earnings or net losses in each such Fund shall be allocated pro
rata to the Accounts of each Participant in such Fund as of each Valuation Date, based on the then balance in each such Account taking into consideration contributions and withdrawals since the last Valuation Date. 

16.04 Responsibility of Participant. The selection of an investment option under the rules of Section 16.02 is the sole
responsibility of each Participant. Neither the Plan Administrator, the Trustee, the Investment Committee nor the Employer is authorized or permitted to advise a Participant as to the selection of any option or the manner in which his Accounts shall
be invested. Unless otherwise required by ERISA, the selection of an investment option by a Participant shall not impose any liability on the Plan Administrator, the Trustee, the Investment Committee or the Employer. 

16.05 Statement to Participants. The Plan Administrator shall cause to be furnished to each Participant, no less frequently than
once in each Plan Year, a statement showing the value of each of his Accounts. 

  
 61 

 ARTICLE XVII 
 VOTING EMPLOYER STOCK 
 To the extent that any shares of the Employer Stock held
as part of the Fund have voting rights attendant thereto, the Trustee shall exercise such voting rights as provided herein. 

At the time notice is given to any holder of such Employer Stock with respect to the holding of a shareholders meeting,
Marshall & Ilsley Corporation shall cause to be prepared and delivered to each Participant who has Employer Stock allocated to his Account, a notice and form of proxy directing how the Trustee shall vote at such a meeting or any adjournment
thereof. Such notice shall instruct each individual to return in accordance with reasonable time deadlines and procedures his proxy to a fiduciary appointed by the Investment Committee (or an independent fiduciary in turn appointed by the original
fiduciary pursuant to Section 404(c) compliance procedures established by the Committee). 
 The fiduciary (or an
independent fiduciary in turn appointed by the original fiduciary pursuant to Section 404(c) compliance procedures established by the Committee) appointed by the Investment Committee shall direct the Trustee to vote all shares of Employer Stock
held in a Participant’s Account for which it has received instructions, in accordance with those instructions. With respect to Employer Stock held in an Account for which no instructions have been timely received from individuals pursuant to
the preceding paragraph prior to the time for voting, such Employer Stock shall not be voted unless the Trustee is otherwise directed by the Investment Committee. 
 The rules set forth above shall also apply in the context of a tender offer or solicitation of proxies, consents or other authorizations. 

  
 62 

 ARTICLE XVIII 
 DIRECT ROLLOVER 
 18.01 General Rule. Notwithstanding any provision of the
Plan to the contrary that would otherwise limit a distributee’s election under this Article, 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. 
 18.02 Definitions.

  

	 	(a)	Eligible rollover distribution: an eligible rollover distribution is any distribution otherwise authorized by the Plan of all or any portion of the balance to
the credit of the distributee, except that an eligible rollover distribution does not include: 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; any distribution to the extent such distribution is
required under Section 401(a)9 of the Code; and the portion of any distribution that is not includable in gross income (determined without regard to the exclusion for net unrealized appreciation with respect to employer securities). Effective
January 1, 1999, a hardship withdrawal described in Code Section 401(k)(2)(B)(i)(iv) (and effective January 1, 2002 any hardship withdrawal) shall not be treated as an eligible rollover distribution. 

For purposes of the direct rollover provision in this Article XVIII, a portion of distribution shall not fail to be an eligible rollover
distribution merely because the portion consists of after-tax employee contributions which are not includible in gross income. However, such portion may be transferred only to an individual retirement account or annuity described in
Section 408(a) or (b) of the Code, or to a qualified defined contribution plan described in Section 401(a) or 403(a) of the Code 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. 
  

	 	(b)	Eligible retirement plan: An eligible retirement plan is an individual retirement account described in Section 408(a) of the Code, an individual retirement
annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in Section 401(a) of the Code, that accepts the distributee’s eligible rollover
distribution. For purposes of the direct rollover provisions in this Article XVIII, an eligible retirement plan shall also mean an annuity contract described in Section 403(b) of the Code and an eligible plan under Section 457(b) of the
Code 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 

  
 63 

 transferred into such plan from this Plan. 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 Section 414(p) of the Code. 

 

	 	(c)	Distributee: A distributee includes 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 Section 414(p) of the Code, are distributees with regard to the interest of the spouse or
former spouse. 

  

	 	(d)	Direct rollover: A direct rollover is a payment by the plan to the eligible retirement plan specified by the distributee. 

18.03 $1,000 Rule. If the recipient should fail to make a direct rollover election with respect to a mandatory distribution which
is an eligible rollover distribution and if the amount of that distribution is in excess of $1,000, then the Plan Administrator shall cause the recipient’s distribution to be rolled to an individual retirement account selected by the Plan
Administrator. (Of course, once such distribution is made the recipient may elect to receive a distribution from the individual retirement account or to roll the assets of that individual retirement account to some other individual retirement
account or employer sponsored retirement plan authorized under the Code to accept rollovers.) The rules of this Section 18.03 became effective March 28, 2005. 
 18.04 Spousal distributions. For purposes of Section 6.06 of the Plan, 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 a defined in Section 414(p) of the Code. 

  
 64 

 ARTICLE XIX 
 LIMITATIONS ON MATCHED AND UNMATCHED 
 SALARY REDIRECTION CONTRIBUTIONS 

AND EMPLOYER INCENTIVE CONTRIBUTIONS 
 19.01 Deferral Percentage Test For Salary Redirection Contributions. For each Plan Year the deferral percentage for the group of Highly Compensated Participants shall meet one of the following
tests: 
  

	 	(a)	The deferral percentage for the group of Highly Compensated Participants for the Plan Year shall not exceed the deferral percentage for all other Participants for the
prior Plan Year multiplied by 1.25; or 

  

	 	(b)    (i)	The excess of the deferral percentage for the group of Highly Compensated Participants for the Plan Year over that of all other Participants for the prior Plan Year
shall not exceed two percentage points, and 

  

	 	(ii)	The deferral percentage for the group of Highly Compensated Participants for the Plan Year shall not exceed the deferral percentage for all other Participants for the
prior Plan Year multiplied by 2.0. 

 For purposes of determining whether the Plan satisfies the deferral
percentage test in this Section 19.01, all Salary Redirection Contributions made under this Plan will be aggregated with deferral contributions made under any other qualified plan(s) of the Employer or an Affiliated Employer if this Plan and
such other plan(s) are aggregated for purposes of Code Section 410(b) or 401(a)(4). The deferral percentage of each Highly Compensated Participant shall be based on the Salary Redirection Contributions made under this Plan and on the salary
reduction contributions made by such Participant under any other qualified plan(s) of the Employer or an Affiliated Employer in which such Highly Compensated Participant is covered. 

For purposes of this Section 19.01: 
  

	 	(c)	A “Highly Compensated Participant” has the meaning set forth in Section 19.07. 

 

	 	(d)	“Deferral Percentage” for each Participant means the amount of the Participant’s Salary Redirection Contributions for the relevant Plan Year divided by
the Participant’s Gross Annual Pay for the relevant Plan Year. The deferral percentage for both the group of Highly Compensated Participants and the group of all other Participants shall be the average of the individual deferral percentages
calculated for each of the individual Participants in the group. In calculating the Deferral Percentage of each individual Participant, the Deferral Percentage shall be rounded to the nearest one hundredth of one percent. Similarly, in calculating
the average Deferral Percentage for a group, such average Deferral Percentage shall be rounded to the nearest one hundredth of one percent. For purposes of this calculation, all employees of the Employers who sponsor this Plan shall be treated as
though they were employed by a single Employer. 

  
 65 

 19.02 Salary Redirection Contributions Shall be Limited to Certain Maximum Amounts.
Notwithstanding any other provision hereof, no Participant shall be permitted to have Salary Redirection Contributions made on his behalf by the Employer which in the sole judgment of Marshall & Ilsley Corporation would cause the Deferral
Percentage Test of Section 19.01 to be violated. 
 19.03 Restrictions on Salary Redirection Contributions to Satisfy
Limitations. If it becomes necessary in the sole judgment of Marshall & Ilsley Corporation pursuant to Section 19.02 to restrict the amount by which Participants may reduce their Gross Annual Pay and have corresponding Salary
Redirection Contributions made on their behalf, the Highly Compensated Participants shall have their salary redirection and Salary Redirection Contributions reduced in accordance with the following procedures: 

 

	 	(a)	The percentage of salary redirection and Salary Redirection Contributions on behalf of the Highly Compensated Participant(s) for whom the Deferral Percentage under
Section 19.01 is the highest (the “First Highest Participant(s)”) shall be reduced pro rata to the extent necessary to satisfy Section 19.01, but not below the Deferral Percentage for the Highly Compensated Participant(s) for
whom such Deferral Percentage is the next highest (the “Second Highest Participant(s)”); and then, if further reduction is needed, the percentage of the salary redirection and Salary Redirection Contributions on behalf of the First Highest
Participant(s) and Second Highest Participant(s) shall be reduced pro rata, to the extent necessary to satisfy Section 19.01, but not below the Deferral Percentage for the Highly Compensated Participant(s) for whom such Deferral Percentage is
the next highest; and so on to the extent necessary until the test of Section 19.01 is satisfied. For purposes of this Section 19.03, all Deferral Percentages shall be rounded to the nearest one hundredth of one percent as provided in
Section 19.01. 

  

	 	(b)	To the extent that Marshall & Ilsley Corporation in its sole discretion determines that the Salary Redirection Contributions of a Participant for any period
during a Year are to be restricted in order to comply with the limitations specified in this Article XIX of the Plan, Marshall & Ilsley Corporation will notify the Participant of such fact. 

19.04 Application of Amounts Which Would Have Been Salary Redirection Contributions but for Restriction. With respect to the
amounts by which a Participant’s Gross Annual Pay would have been reduced and with respect to which corresponding amounts would have been contributed by the Employer as Salary Redirection Contributions but with respect to which corresponding
amounts cannot be contributed as Salary Redirection Contributions due to the limitations of Sections 19.02 and 19.03, such reductions in Gross Annual Pay shall not take place and corresponding amounts shall not be so contributed to the Plan but,
instead, such amounts shall be paid to the Participant on each Payroll Disbursement Date as part of Annual Pay. In the unanticipated event that it is not determined that Salary Redirection Contributions must be limited pursuant to Sections 19.02 and
19.03, prior to the time that all or a portion of such contributions have been made, such amounts which were contributed to the Plan as Salary Redirection Contributions which cannot be so contributed due to such limitations shall instead be

  
 66 

 deemed to be excess contributions. Such excess contributions on behalf of the Participant (plus earnings or
reduced by losses thereon) shall be designated by the Employer as a distribution of excess contributions (plus earnings or reduced by losses thereon) under Code Section 401(k) and shall be distributed to the Participant by the end of the Plan
Year following the Plan Year with respect to which such excess contributions were made. (The Employer recognizes that if the Plan Administrator does not make such distribution by the March 15th following the Plan Year with respect to which such
excess contributions were made, the Employer will be subject to an excise tax under Code Section 4979.) For purposes of determining the amount of excess contributions of each Highly Compensated Participant, it is first necessary to determine
the dollar amount by which each such Participant’s contributions would have been restricted under Section 19.03 in order to achieve compliance with the tests of Section 19.01. Then, the aggregate dollar amount of such contributions
for all such Participant’s is to be calculated. Then, the total of those contributions for any Plan Year shall be distributed to Highly Compensated Participants on the basis of the dollar amount of contributions (rather than the percentage of
Gross Annual Pay which those contributions represent) beginning with the Highly Compensated Participant with the largest dollar amount of such contributions and continuing in descending order until all of the excess contributions have been
distributed. 
 For the years 2006 and 2007, when excess contributions are distributed, the amount to be distributed shall be
increased by earnings thereon or reduced by losses thereon for the Plan Year to which such excess contributions relate and for the “Gap Period” (the period between the end of that Plan Year and the date seven days prior to the date of
distribution). Earnings and losses shall be determined without regard to whether there has been realized appreciation or loss. 

For the years 2006 and 2007, the earnings or losses allocable to the excess contributions for the Plan Year and the Gap Period are
determined by multiplying net earnings or losses for the Plan Year and the Gap Period in the Participant’s Salary Redirection Contributions Account by a fraction. The numerator of the fraction is the amount of the excess contributions on behalf
of the Participant for the Plan Year. The denominator of the fraction is the total balance of the Participant’s Salary Redirection Contributions Account as of the first day of the Plan Year, plus the Participant’s Salary Redirection
Contributions for the Plan Year and the Gap Period. 
 For all years other than the years 2006 and 2007, when excess
contributions are distributed, the amount to be distributed shall be increased by earnings thereon or reduced by losses thereon for the Plan Year to which such excess contributions relate (but not for the period between the end of the Plan Year and
the date of distribution). Earnings and losses shall be determined without regard to whether there has been realized appreciation or loss. 
 For all years other than the years 2006 and 2007, the earnings or losses allocable to the excess contributions for the Plan Year are determined by multiplying net earnings or losses for the Plan Year in
the Participant’s Salary Redirection Contributions Account by a fraction. The numerator of the fraction is the amount of the excess contributions on behalf of the Participant for the Plan Year. The denominator of the fraction is the total
balance of the Participant’s Salary Redirection Contributions Account as of the first day of the Plan Year, plus the Participant’s Salary Redirection Contributions for the Plan Year. 

Even though such excess contributions are distributed, they shall nevertheless be taken into account for purposes of the limitation on
Annual Additions described in Article VII. 

  
 67 

 If the distribution of any excess contributions under this Section 19.04, or the
distribution of any excess deferrals under Section 19.06, results in any Employer Incentive Contributions attributable to such excess contributions or excess deferrals, such Employer Incentive Contributions (and income thereon, if required by
applicable rules) shall be distributed as described in Section 19.08. 
 19.05 Coordination of Salary Redirection
Agreements. A Participant’s salary redirection agreement shall be deemed to provide that the Participant’s maximum salary redirection shall be the percentage of salary redirection designated by the Participant or such lesser amount as
is the maximum amount which, in the sole judgment of Marshall & Ilsley Corporation, is permitted under the limitations of this Article XIX. 
 19.06 Limitation on Salary Redirection Contributions. Notwithstanding any provision of the Plan to the contrary, no Participant shall be permitted to have Salary Redirection Contributions made
under this Plan, or elective deferrals made to any other qualified plan maintained by the Employer during any taxable year, in excess of the dollar limitation contained in Section 402(g) of the Code in effect for such taxable year, except to
the extent permitted under Plan Section 10.02 and Section 414(v) of the Code, if applicable. 
 In the unanticipated
event that more than such amount of Salary Redirection 
 Contributions has been made by the Employer on behalf of the Participant to this Plan
in any calendar year (and/or in the event that the Participant has had more than such amount of such contributions made on his behalf under this Plan and any other qualified plans of any employer or any other plans subject to Code
Section 402(g) in which he is covered and, with respect to a plan not sponsored by the Employer or an Affiliated Employer, has by writing communicated to the Plan Administrator prior to March 1st of the year following the year for which
such contributions were made the amount of such excess contributions which are to be attributed to this Plan) any such excess contributions (plus earnings or reduced by losses thereon) shall be distributed to him prior to April 15th of the year
following the calendar year to which the excess contributions relate. 
 Excess contributions (plus earnings or reduced by
losses thereon) which are distributed prior to April 15th of the calendar year following the calendar year with respect to which they were made shall not be taken into account for purposes of the limitation on Annual Additions described in
Article VII. Such distributed excess contributions (plus earnings or reduced by losses thereon) shall be taken into account as Salary Redirection Contributions for purposes of Section 19.01 above for the Plan Year to which they relate for
Highly Compensated Participants but not for non-Highly Compensated Participants. 
 For the years 2006 and 2007, when excess
contributions are distributed, the amount to be distributed shall be increased by earnings thereon or reduced by losses thereon for the Plan Year to which such excess contributions relate and for the “Gap Period” (the period between the
end of that Plan Year and the date seven days prior to the date of distribution). Earnings and losses shall be determined without regard to whether there has been realized appreciation or loss. 

For the years 2006 and 2007, the earnings or losses allocable to the excess contributions for the Plan Year and the Gap Period are
determined by multiplying net earnings or losses for the 

  
 68 

 Plan Year and the Gap Period in the Participant’s Salary Redirection Contributions Account by a
fraction. The numerator of the fraction is the amount of the excess contributions on behalf of the Participant for the Plan Year. The denominator of the fraction is the total balance of the Participant’s Salary Redirection Contributions Account
as of the first day of the Plan Year, plus the Participant’s Salary Redirection Contributions for the Plan Year and the Gap Period. 
 For all years other than the years 2006 and 2007, when excess contributions are distributed, the amount to be distributed shall be increased by earnings thereon or reduced by losses thereon for the Plan
Year to which such excess contributions relate (but not for the period between the end of the Plan Year and the date of distribution). Earnings and losses shall be determined without regard to whether there has been realized appreciation or loss.

 For all years other than the years 2006 and 2007, the earnings or losses allocable to the excess contributions for the Plan
Year are determined by multiplying net earnings or losses for the Plan Year in the Participant’s Salary Redirection Contributions Account by a fraction. The numerator of the fraction is the amount of the excess contributions on behalf of the
Participant for the Plan Year. The denominator of the fraction is the total balance of the Participant’s Salary Redirection Contributions Account as of the first day of the Plan Year, plus the Participant’s Salary Redirection Contributions
for the Plan Year. 
 In the event that amounts are to be distributed to Participants as a result of excess contributions under
this Section 19.06 and in the event that amounts are to be distributed to Participants as a result of excess contributions under Section 19.04 and/or excess aggregate contributions under Section 19.09, the excess contributions (plus
earnings or reduced by losses thereon) for purposes of this Section 19.06 shall be calculated and distributed first and, then, the excess contributions (plus earnings or reduced by losses thereon) for purposes of Section 19.04 shall be
calculated and distributed second, and then the excess aggregate contributions (plus earnings or reduced by losses thereon) for purposes of Section 19.09 shall be calculated and distributed third, consistent with rules prescribed by the
Secretary of the Treasury. 
 19.07 Highly Compensated Participant. “Highly Compensated Participant” for any
Plan Year means any Participant who is a “Highly Compensated Employee” within the meaning of Code Section 414(q), i.e., any employee of any Employer or Affiliated Employer: 

 

	 	(a)	was more than a 5% owner, as defined in Code Section 416(i)(1)(B), of the Employer or any Affiliated Employer during the Plan Year or immediately preceding Plan
Year; or 

  

	 	(b)	during the immediately preceding Plan Year received annual compensation from the group consisting of the Employer and any Affiliated Employers of more than $80,000 (or
such greater amount as may be established by the Internal Revenue Service) and was in the top 20% of employees in the group consisting of the Employer and any Affiliated Employers during that immediately preceding year. 

For purposes of this Section 19.07 “compensation” shall have the same meaning as Section 415 Compensation as defined
in Section 7.03(d). 
 In addition, for any Plan Year following reemployment after a termination of employment, an employee
shall be treated as a Highly Compensated Employee if, either at the 

  
 69 

 time he originally terminated employment or at any time after attaining age 55, he was a Highly Compensated
Employee. 
 The determination of who is a Highly Compensated Employee shall be made in accordance with Code Section 414(q)
and regulations thereunder (including the use of any transition rules and/or available alternatives, as elected by the Employer). 
 19.08 Deferral Percentage Test for Employer Incentive Contributions. 
  

	 	(a)	For each Plan Year the deferral percentage for the group of Highly Compensated Participants shall meet one of the following tests: 

 

	 	(i)	The deferral percentage for the group of Highly Compensated Participants for the Plan Year shall not exceed the deferral percentage for all other Participants for the
prior Plan Year multiplied by 1.25; or 

  

	 	(ii)      (1)	The excess of the deferral percentage for the group of Highly Compensated Participants for the Plan Year over that of all other Participants for the prior Plan Year
shall not exceed two percentage points, and 

  

	 	(2)	The deferral percentage for the group of Highly Compensated Participants for the Plan Year shall not exceed the deferral percentage for all other Participants for the
prior Plan Year multiplied by 2.0. 

 For purposes of determining whether the Plan satisfies the percentage test in
this Section 19.08, all Employer Incentive Contributions made under this Plan will be aggregated with any after-tax contributions and/or matched contributions under any other plan(s) of the Employer or an Affiliated Employer if this Plan and
such other plan(s) are aggregated for purposes of Code Section 410(b) or 401(a)(4). The deferral percentage of each Highly Compensated Participant shall be based on the Salary Redirection Contributions made under this Plan and on the salary
reduction contributions made by such Participant under any other qualified plan(s) of the Employer or an Affiliated Employer in which such Highly Compensated Participant is covered. 

 

	 	(b)	For purposes of this Section 19.08: 

  

	 	(i)	“Highly Compensated Participant” has the same meaning as set forth in Section 19.07. 

 

	 	(ii)	“Deferral percentage” for each Participant means the amount of the Employer Incentive Contributions allocated to the Participant for the relevant Plan Year
divided by the Participant’s Gross Annual Pay for the relevant Plan Year. The deferral percentage for both the group of Highly Compensated Participants and the group of all other Participants shall be the average of the individual deferral
percentages calculated for each of 

  
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 the individual Participants in the group. In calculating the Deferral Percentage of each
individual Participant, the Deferral Percentage shall be rounded to the nearest one hundredth of one percent. Similarly, in calculating the average Deferral Percentage for a group, such average Deferral Percentage shall be rounded to the nearest one
hundredth of one percent. For purposes of this calculation, all employees of all the Employers who sponsor this Plan shall be treated as though they were employed by a single Employer. A Participant who is ineligible to share in an allocation of
Employer Incentive Contributions shall be ignored for purposes of the tests in this Section 19.08. 
 19.09 Correction
of Excess Employer Incentive Contributions. 
  

	 	(a)	Notwithstanding any other provision of the Plan to the contrary, the Employer Incentive Contributions due under Article VI may, in the discretion of Marshall &
Ilsley Corporation, be reduced to the amount which, in the judgment of Marshall & Ilsley Corporation, in its sole discretion, equals the sum of (1) the Employer Incentive Contributions which would ordinarily be made and allocated under
Article VI for non-Highly Compensated Participants plus (ii) the maximum amount of Employer Incentive Contributions which can be made and allocated under Article VI for Highly Compensated Participants (restricted as provided in the paragraph
(b) below) and still remain in compliance with the limitations of Section 19.08 without having to return excess contributions. 

  

	 	(b)	Notwithstanding any other provision of the Plan to the contrary, in the event the Marshall & Ilsley Corporation determines that it is necessary to reduce the
allocation of Employer Incentive Contributions to Highly Compensated Participants to satisfy the test of Section 19.08, such reduction shall be in accordance with the following procedure: 

The allocation of Employer Incentive Contributions on behalf of the Participant(s) on behalf of whom allocations were to be the highest
(the “First Highest Participant(s)”) shall be reduced pro rata to the extent necessary to satisfy Section 19.08 but not below the amount of allocation of Company Matching Contributions for the Participant(s) from whom such allocations
were to be the next highest (the “Second Highest Participant(s)”); and, then, if further reduction is needed, the allocation of Employer Incentive Contributions on behalf of the First Highest Participant(s) and Second Highest
Participant(s) shall be reduced pro rata, to the extent necessary to satisfy Section 19.08, but not below the level of the allocations for the Participant(s) for whom such allocations were to be the next highest; and so on to the extent
necessary. 
  

	 	(c)	Any amounts which were allocated to a Highly Compensated Participant’s Account for a Plan Year as Employer Incentive Contributions under Article VI which would
cause violation of the test of Section 19.08 above for that Plan Year shall be deemed to be excess aggregate contributions. Such excess aggregate contributions (plus earnings or reduced by losses thereon) of a Participant shall be

  
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 designated by the Employer as a distribution of excess aggregate contributions (plus
earnings or reduced by losses thereon) under Code Section 401(m) and shall be distributed to him by the end of the Plan Year following the Plan Year with respect to which such excess aggregate contributions were made. (The Employer recognizes
that if the Plan Administrator does not make such distribution by March 15th following the Plan Year with respect to which such excess aggregate contributions were made, the Employer will be subject to an excise tax under Code
Section 4979.) 
 For purposes of determining the amount of excess aggregate contributions of each Highly Compensated
Participant, it is first necessary to determine the dollar amount by which each such Participant’s Matching Contributions would have been restricted under paragraph (b) above in order to achieve compliance with the tests of
Section 19.08. Then, the aggregate dollar amount of such contributions for all such Participants is to be calculated. Then, the total of those excess aggregate contributions for any Plan Year shall be distributed to Highly Compensated
Participants on the basis of the amount of contributions (rather than the percentage of Gross Annual Pay which those contributions represent) beginning with the Highly Compensated Participant with the largest dollar amount of such contributions and
continuing in descending order until all of the excess contributions have been distributed. 
 For the years 2006 and 2007, when
excess aggregate contributions are distributed, the amount to be distributed shall be increased by earnings thereon or reduced by losses thereon for the Plan Year to which such excess contributions relate and for the “Gap Period” (the
period between the end of that Plan Year and the date seven days prior to the date of distribution). Earnings and losses shall be determined without regard to whether there has been realized appreciation or loss. 

For the years 2006 and 2007, the earnings or losses allocable to the excess aggregate contributions for the Plan Year and the Gap Period
are determined by multiplying net earnings or losses for the Plan Year and the Gap Period in the Participant’s Post-1984 Incentive Contributions Account by a fraction. The numerator of the fraction is the amount of the excess aggregate
contributions on behalf of the Participant for the Plan Year. The denominator of the fraction is the total balance of the Participant’s Post-1984 Incentive Contributions Account as of the first day of the Plan Year, plus the Participant’s
Post-1984 Incentive Contributions for the Plan Year and the Gap Period. 
 For all years other than the years 2006 and 2007, when
excess aggregate contributions are distributed, the amount to be distributed shall be increased by earnings thereon or reduced by losses thereon for the Plan Year to which such excess aggregate contributions relate (but not for the period between
the end of the Plan Year and the date of distribution). Earnings and losses shall be determined without regard to whether there has been realized appreciation or loss. 

  
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 For all years other than the years 2006 and 2007, the earnings or losses allocable to the
excess aggregate contributions for the Plan Year are determined by multiplying net earnings or losses for the Plan Year in the Participant’s Post-1984 Incentive Contributions Account by a fraction. The numerator of the fraction is the amount of
the excess aggregate contributions on behalf of the Participant for the Plan Year. The denominator of the fraction is the total balance of the Participant’s Post-1984 Incentive Contributions Account as of the first day of the Plan Year, plus
the Participant’s Post-1984 Incentive Contributions for the Plan Year. 
 Even though such excess aggregate contributions
are distributed, they shall nevertheless be taken into account for purposes of the limitation on Annual Additions described in Article VII. 
 19.10 Alternative Limitation. Repealed effective for Plan Years beginning after December 31, 2001. 
 19.11 Data Maintenance. The Employer shall maintain records which demonstrate its compliance each Plan Year with the requirements of this Article XIX. 

19.12 Incorporation by Reference. The limitations of Internal Revenue Code Section 401(k) and 401(m) are hereby incorporated
by reference. The foregoing paragraphs of this Article XIX set forth the basic requirements of Code Sections 401(k) and (m) as in effect after 1996. In the event of any conflict between the foregoing provisions of this Article XIX and the
Section 401(k) and (m) requirements, the provisions of Sections 401(k) and 401(m) and regulations thereunder shall govern. The Plan also incorporates by reference any subsequent IRS guidance applicable under these Code provisions.

 19.13 Special Contributions. The Employer in its discretion may determine to make Special Contributions for a Plan
Year for a Participant (or Participants) in the Plan employed by the Employer at any time during that Plan Year, other than any Participant who is a Highly Compensated Participant for that Plan Year. Such contributions shall be such percent of Gross
Compensation for each such non-Highly Compensated Participant as the Employer shall designate for that Participant, if any, and shall be made no later than the end of the Plan Year following the Plan Year for which they are taken into account in
determining the Deferral Percentage under Sections 19.01 and 19.08 for non-Highly Compensated Participants. If such contributions are made, they shall be treated at the direction of the Employer as (i) Salary Redirection Contributions under the
Plan, including for purposes of determining the amount of Employer Incentive Contributions to be made by the Employer for each Participant in the Plan, (ii) as Employer Incentive Contributions or (iii) partly as Salary Redirection
Contributions and partly as Employer Incentive Contributions. The maximum Special Contribution for a Plan Year treated as a Salary Redirection Contribution under the Plan shall not exceed 5% of the Participant’s Gross Compensation for the Plan
Year. Similarly, the maximum amount of Special Contribution for a Plan Year treated as an Employer Incentive Contribution shall not exceed 5% of the Participant’s Gross Compensation for the Plan Year. Amounts contributed under this paragraph
and earnings thereon shall be made and administered in compliance with IRS Reg. Sections 1.401(k)-2(a)(6) and 1.401(m)-2(a)(6) as applicable. 

  
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 19.14 Special Manner of Calculation of Tests. In applying the tests of this Article
XIX, the Employer may elect to exclude those individuals who are not Highly Compensated Employees for that Plan Year and who have not both attained age 21 and completed one year of Eligibility Service by the last day of that Plan Year; provided,
however, that the Employer shall be permitted to make the election only if the requirements of Code Section 410(b)(1) could be met separately by each of two deemed separate plans. For this purpose the two deemed separate plans would consist of
the plan covering all Employees who have both attained age 21 and completed one year of Eligibility Service by the last day of the Plan Year and the other separate plan shall consist of those persons who are plan participants who have not both
attained age 21 and completed one year of Eligibility Service by the last day of the Plan Year. 

  
 74 

 ARTICLE XX 
 FORMER VALLEY ACCOUNTS 
 20.01 In General. This Article sets forth the
rules applicable to a Participant’s Former Valley Accounts and subaccounts described in Section 1.01(j). 
 A
Participant’s Former Valley 401(k) Accounts shall be treated in all respects as Salary Redirection Contribution Accounts for all purposes under this Plan and shall be subject to all the same rules as applicable to Salary Redirection Accounts
under this Plan. 
 A Participant’s Former Valley Employer Match Account, Former Valley Non-401(k) Account and Former
Valley ESOP Account may be withdrawn by the Participant at any time in accordance with the provisions of Section 10.01 hereof. 
 It is recognized that the investments made by the Former Valley Plan were different from the investments made under this Plan. The Investment Committee is authorized to make such different investment
options available with respect to Former Valley Accounts as it deems desirable in recognition of the different investment options which have been available to such Accounts prior to the date of the merger of the Former Valley plan into this Plan.

 As provided in Section 6.03 of the Former Valley Bancorporation Thrift and Sharing Plan, individuals who had terminated
employment prior to 1994 were subject to forfeiture rules and were not awarded full vesting. Specifically, the non-vested benefits of pre-1994 terminees from the Former Valley plan which would have continued to become forfeited as described in
Section 6.03 of the Former Valley plan shall become forfeitures under this Plan at the same time as described in Section 6.03 of the Former Valley plan and shall be applied to reduce Employer Incentive Contributions hereunder at the same
time as such forfeitures would have been applied to reduce Employer Matching Contributions under the terms of the Former Valley Bancorporation Thrift and Sharing Plan Trust. 

  
 75 

 ARTICLE XXI 
 FORMER SECURITY EMPLOYEES 
 Marshall & Ilsley Corporation acquired
Security Capital Corporation and affiliates thereof by merger on or about October 1, 1997. No individual who had been in the employ of Security or one of its affiliates shall participate in this Plan for any purpose prior to January 1,
1998. Any individual who is or becomes an Employee of the Employer on or after January 1, 1998 who had been in the employ of Security or one of its affiliates shall have such employment treated as employment hereunder for purposes of
Section 2.01 and for purposes of Vesting Service under Section 1.29. 

  
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 ARTICLE XXII 
 FORMER MSI PLAN ACCOUNTS 
 22.01 In General. This Article sets forth the
rules applicable to a Participant’s Former MSI Plan Account and subaccounts described in Section 1.01(k). 
 Except as
set forth in Section 22.02 below a Participant’s Former MSI Plan Account shall be subject to the same rules as applicable to a Participant’s Accounts generally under the rules of this Plan, e. g., a Participant’s Former MSI
Before Tax Savings Account and Former MSI Profit Sharing Contribution Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this Plan, a Participant’s Former MSI Matching Contribution Account shall be
subject to the same rules as Incentive Contributions Accounts under this Plan, a Participant’s Former MSI Rollover Contribution Account shall be subject to the same rules as applicable to Rollover Accounts under this Plan and a
Participant’s Former MSI Voluntary Contribution Account shall be subject to the same rules as applicable to Voluntary Contribution Accounts under this Plan. 
 22.02 Special Rules. 
 Notwithstanding Section 22.01 above, the
following special rules shall apply to a Participant’s Former MSI Plan Account: 
  

	 	(a)	 Loans were available under the former Mutual Services Inc. Tax Deferred Retirement Plan but are not available under this Plan. However, loans which
were outstanding under the Former MSI Plan at the time of the merger of that plan into this Plan may continue to be held outstanding in accordance with their terms. The portion of a Participant’s Account which serves as security for a loan is
not capable of being withdrawn under the hardship withdrawal provisions of Article X or under the age
59 1/2 withdrawal rules of Section 9.01. In the
event a Participant has terminated employment and elects to receive a distribution of his Account balance following such termination of employment, any unpaid loan amounts shall be offset against the amount of the distribution to which the
Participant would otherwise be entitled. 

  

	 	(b)	In connection with a hardship withdrawal under Section 10.02, the portion of the Participant’s Former MSI Profit Sharing Contribution Account which may be
withdrawn shall not exceed the value of such account determined as of December 31, 1988. 

  
 77 

 ARTICLE XXIII 
 FORMER ADVANTAGE PLAN ACCOUNTS 
 23.01 In General. This Article sets forth
the rules applicable to a Participant’s Former Advantage Plan Account and subaccounts described in Section 1.01(l). 

Except as set forth in Section 23.02 below a Participant’s Former Advantage Plan Account shall be subject to the same rules as
applicable to a Participant’s Accounts generally under the rules of this Plan, e. g., a Participant’s Former Advantage Savings Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this Plan, a
Participant’s Former Advantage Matching Contribution Account shall be subject to the same rules as Incentive Contributions Accounts under this Plan, a Participant’s Former Advantage Rollover Contribution Account shall be subject to the
same rules as applicable to Rollover Accounts under this Plan and a Participant’s Former Advantage Profit-Sharing Contribution Account shall be subject to the same rules as applicable to Incentive Contribution Accounts under this Plan.

 23.02 Special Rules. 
 Notwithstanding Section 23.01 above, the following special rules shall apply to a Participant’s Former Advantage Plan Account: 

 

	 	(a)	 Loans were available under the Former Advantage Plan but are not available under this Plan. However, loans which were outstanding under the Former
Advantage Plan at the time of the merger of that plan into this Plan shall continue to be held outstanding in accordance with their terms. The portion of a Participant’s Account which serves as security for a loan is not capable of being
withdrawn under the hardship withdrawal provisions of Article X or under the age 59 1/2 withdrawal rules of Section 9.01. In the event a Participant has terminated employment and elects to receive a distribution of his Account balance following such termination of employment, any
unpaid loan amounts shall be offset against the amount of the distribution to which the Participant would otherwise be entitled. 

  

	 	(b)	In addition to the installment distributions generally available under Section 9.01(b) hereof, a Participant may elect to receive installment distributions from
his Former Advantage Plan Account in substantially equal annual, quarterly or monthly installments. 

  

	 	(c)	To the extent that a Participant’s Former Advantage Plan Account is invested in Qualifying Employer Securities, the Participant shall be entitled to receive
distribution, including hardship distributions, of any full shares of such Qualifying Employer Securities in kind or in cash at the Participant’s election. 

 

	 	(d)	 Individuals who terminated employment with Advantage Bancorp, Inc. and its affiliates prior to its acquisition by Marshall & Ilsley
Corporation who continued to have unvested account balances in the Former Advantage Plan which were 

  
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transferred to this Plan and as a result are held as Former Advantage Plan Accounts in this Plan shall continue to be subject to the Year of Service, Break in Service and forfeiture rules
described in the Former Advantage Plan (which rules are set forth at Sections 1.01(g)(x)(ff)(ll) and (mm), Section 5.04 and Section 5.05 of the Former Advantage Plan). To the extent that such an individual incurs a Break in Service as
described in the Former Advantage Plan, then, such individual’s unvested accounts shall be forfeited and used as an offset against employer contributions otherwise due hereunder. Also, to the extent that a former participant in the Advantage
Plan becomes employed with Marshall & Ilsley Corporation or its Affiliated Employers before incurring a Break in Service, then such individual shall have the same ability to restore any prior forfeitures in accordance with the rules
described at Section 5.05(b) of the Former Advantage Plan. If an individual is re-employed before incurring a Break in Service so that such individual does not suffer a forfeiture under the rules of Section 5.05 of the Former Advantage
Plan or if such individual has already suffered a forfeiture and repays the distribution he has received, as provided in Section 5.05 of the Former Advantage Plan, then at that point such individual shall become fully vested in his entire
Former Advantage Plan Account held under the Plan. 

  
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 ARTICLE XXIV 
 FORMER SECURITY PLAN ACCOUNTS 
 24.01 In General. This Article sets forth
the rules applicable to a Participant’s Former Security Plan Account and subaccounts described in Section 1.01(m). 

Except as set forth in Section 24.02 below a Participant’s Former Security Plan Account shall be subject to the same rules as
applicable to a Participant’s Accounts generally under the rules of this Plan, e. g., a Participant’s Former Security Deferral Contribution Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this
Plan, a Participant’s Former Security Matching Contribution Account shall be subject to the same rules as Incentive Contributions Accounts under this Plan, a Participant’s Former Security Rollover Contribution Account shall be subject to
the same rules as applicable to Rollover Accounts under this Plan and a Participant’s Former Security Profit-Sharing Contribution Account shall be subject to the same rules as applicable to Incentive Contribution Accounts under this Plan.

 24.02 Special Rules. 
 Notwithstanding Section 24.01 above, the following special rules shall apply to a Participant’s Former Security Plan Account: 

 

	 	(a)	 Loans were available under the Former Security Plan but are not available under this Plan. However, loans which were outstanding under the Former
Security Plan at the time of the merger of that plan into this Plan shall continue to be held outstanding in accordance with their terms. The portion of a Participant’s Account which serves as security for a loan is not capable of being
withdrawn under the hardship withdrawal provisions of Article X or under the age 59 1/2 withdrawal rules of Section 9.01. In the event a Participant has terminated employment and elects to receive a distribution of his Account balance following such termination of employment, any
unpaid loan amounts shall be offset against the amount of the distribution to which the Participant would otherwise be entitled. 

  

	 	(b)	In addition to the installment distributions generally available under Section 9.01(b) hereof, a Participant may elect to receive installment distributions from
his Former Security Plan Account in substantially equal annual, quarterly or monthly installments. 

  

	 	(c)	To the extent that a Participant’s Former Security Plan account is invested in Qualifying Employer Securities, the Participant shall be entitled to receive
distribution, including hardship distributions, of any full shares of such Qualifying Employer Securities in kind or in cash at the Participant’s election. 

 

	 	(d)	 Individuals who terminated employment with Security Bank, S.S.B. and its affiliates prior to its acquisition by Marshall & Ilsley Corporation
who continued to have unvested account balances in the Former Security Plan which were transferred to this Plan and as a result are held as Former Security Plan Accounts 

  
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in this Plan shall continue to be subject to the Year of Service, Break in Service and forfeiture rules described in the Former Security Plan (which rules are set forth at Article V of the
Adoption Agreement for and Article V of the Former Security Plan). To the extent that such an individual incurs 5 consecutive Breaks in Service as described in the Former Security Plan, then, such individual’s unvested accounts shall be
forfeited and used as an offset against employer contributions otherwise due hereunder. Also, to the extent that a former participant in the Security Plan becomes employed with Marshall & Ilsley Corporation or its Affiliated Employers
before incurring 5 consecutive Breaks in Service, then such individual shall have the same ability to restore any prior forfeitures in accordance with the rules described at Article V of the Adoption Agreement for and Article V of the Former
Security Plan. If an individual is re-employed before incurring 5 consecutive Breaks in Service so that such individual does not suffer a forfeiture under the rules of Article V of the Former Security Plan or if such individual has already suffered
a forfeiture and repays the distribution he has received, as provided in Article V of the Former Security Plan, then at that point such individual shall become fully vested in his entire Former Security Plan Account held under the Plan.

  
 81 

 ARTICLE XXV 
 FORMER NATIONAL CITY PLAN ACCOUNTS 
 25.01 In General. This Article sets
forth the rules applicable to a Participant’s Former National City Plan Account and subaccounts described in Section 1.01(n). 
 Except as set forth in Section 25.02 below a Participant’s Former National City Plan Account shall be subject to the same rules as applicable to a Participant’s Accounts generally under the
rules of this Plan, e. g., a Participant’s Former National City Deferral Contributions and Qualified Non-Elective Contributions Accounts shall be subject to the same rules as applicable to Salary Redirection Accounts under this Plan, a
Participant’s Former National City Matching Contributions Account shall be subject to the same rules as Incentive Contributions Accounts under this Plan, a Participant’s Former National City Rollover Contribution Account shall be subject
to the same rules as applicable to Rollover Accounts under this Plan and a Participant’s Former National City Employer Contributions Account shall be subject to the same rules as applicable to Profit-Sharing Employer Contribution Accounts under
this Plan. 
 25.02 Special Rules. 
 Notwithstanding Section 25.01 above, the following special rules shall apply to a Participant’s Former National City Plan Account: 

 

	 	(a)	 Loans were available under the Former National City Plan but are not available under this Plan. However, loans which were outstanding under the Former
National City Plan at the time of the merger of that plan into this Plan shall continue to be held outstanding in accordance with their terms. The portion of a Participant’s Account which serves as security for a loan is not capable of being
withdrawn under the hardship withdrawal provisions of Article X or under the age 59 1/2 withdrawal rules of Section 9.01. In the event a Participant has terminated employment and elects to receive a distribution of his Account balance following such termination of employment, any
unpaid loan amounts shall be offset against the amount of the distribution to which the Participant would otherwise be entitled. 

  

	 	(b)	In addition to the installment distributions generally available under Section 9.01(b) hereof, a Participant may elect to receive installment distributions from
his Former National City Plan Account in substantially equal annual, quarterly or monthly installments. 

  

	 	(c)	To the extent that a Participant’s Former National City Plan Account is invested in Qualifying Employer Securities, the Participant shall be entitled to receive
distribution, including hardship distributions, of any full shares of such Qualifying Employer Securities in kind or in cash at the Participant’s election. This paragraph (c) is eliminated from the Plan for distributions which commence on
or after the effective date specified in the last sentence of clause (b) in Section 9.01 applicable to installment payments. 

  

	 	(d)	The Participant’s Former National City Plan Account shall at all times be fully vested. 

  
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	 	(e)	 Employment with National City Bancorporation and its affiliates shall be taken into account as eligibility service for purposes of the 401(k)
contribution and matching contribution portion of the M&I Retirement Program effective as of August 1, 2001. The hours of service requirement otherwise applicable under Section 6.05 of the M&I Retirement Program shall be 4162/3 hours for each participant in the M&I Retirement Program in the year 2001 who is a former employee of National City
Bancorporation or any of its affiliates. 

  
 83 

 ARTICLE XXVI 
 FORMER DERIVION PLAN ACCOUNTS 
 26.01 In General. This Article sets forth
the rules applicable to a Participant’s Former Derivion Plan Account and subaccounts described in Section 1.01(o). 

Except as set forth in Section 26.02 below, a Participant’s Former Derivion Plan Account shall be subject to the same rules as
applicable to a Participant’s Accounts generally under the rules of this Plan, e. g., a Participant’s Former Derivion Deferral Contribution Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this
Plan, a Participant’s Former Derivion Matching Contribution Account shall be subject to the same rules as Incentive Contributions Accounts under this Plan, a Participant’s Former Derivion Rollover Contribution Account shall be subject to
the same rules as applicable to Rollover Accounts under this Plan and a Participant’s Former Derivion Profit-Sharing Contribution Account shall be subject to the same rules as applicable to Incentive Contribution Accounts under this Plan.

 26.02 Special Rules. 
 Notwithstanding Section 26.01 above, the following special rules shall apply to a Participant’s Former Derivion Plan Account: 

 

	 	(a)	 Loans were available under the Former Derivion Plan but are not available under this Plan. However, loans which were outstanding under the Former
Derivion Plan at the time of the merger of that plan into this Plan shall continue to be held outstanding in accordance with their terms. The portion of a Participant’s Account which serves as security for a loan is not capable of being
withdrawn under the hardship withdrawal provisions of Article X or under the age 59 1/2 withdrawal rules of Section 9.01. In the event a Participant has terminated employment and elects to receive a distribution of his Account balance following such termination of employment, any
unpaid loan amounts shall be offset against the amount of the distribution to which the Participant would otherwise be entitled. 

  

	 	(b)	Individuals who terminated employment with Derivion Corporation and its affiliates prior to its acquisition by Marshall & Ilsley Corporation who continued to
have unvested account balances in the Former Derivion Plan which were transferred to this Plan and as a result are held as Former Derivion Plan Accounts in this Plan shall continue to be subject to the Year of Service, Break in Service and
forfeiture rules described in the Former Derivion Plan (which rules are set forth at Section 1.15 of the Adoption Agreement for and Section 5.11 of the Former Derivion Plan.) To the extent that such an individual incurs 5 consecutive
Breaks in Service as described in the Former Derivion Plan, then, such individual’s unvested accounts shall be forfeited and used as an offset against employer contributions otherwise due hereunder. Also, to the extent that a former participant
in the Derivion Plan becomes employed with Marshall & Ilsley Corporation or its Affiliated Employers before incurring five consecutive Breaks 

  
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in Service, then such individual shall have the same ability to restore any prior forfeitures in accordance with the rules described at Section 1.15 of the Adoption Agreement for and
Section 5.11 of the Former Derivion Plan. If an individual is re-employed before incurring 5 consecutive Breaks in Service so that such individual does not suffer a forfeiture under the rules of Section 5.11 of the Former Derivion Plan or
if such individual has already suffered a forfeiture and repays the distribution he has received, as provided in Section 5.11 of the Former Derivion Plan, then at that point such individual shall become fully vested in his entire Former
Derivion Plan Account held under the Plan. 

  

	 	(c)	 All Former Derivion Accounts are fully vested and distributable at age 59 1/2, even if the Participant is still in the employ of the Employer.

  

	 	(d)	 Employment with Derivion Corporation prior to June 1, 2001 shall be taken into account as eligibility service for purposes of the M&I
Retirement Program effective June 1, 2001. For calendar year 2001, the Hours of Service requirement set forth in Sections 3.03, 4.01 and 6.05 shall be replaced with a requirement for former employees of Derivion Corporation of 5831/3 Hours of Service. 

  
 85 

 ARTICLE XXVII 
 ROTH ELECTIVE DEFERRALS 
 27.01 Code Section 402A. This Article XXVII
of the Plan is effective as of January 1, 2006 and is intended to reflect Code Section 402A, as enacted by the Economic Growth and Tax Relief Reconciliation Act of 2001 (“EGTRRA”). This Article XXVII is intended as good faith
compliance with the requirements of Code Section 402A and guidance issued thereunder, and this Article XXVII shall be interpreted in a manner consistent with such guidance. 

27.02 Roth Elective Deferrals are permitted. The Plan’s definitions and terms are hereby amended as follows to allow for Roth
Elective Deferrals. Roth Elective Deferrals shall be treated in the same manner as Salary Redirection Contributions for all Plan purposes. The Employer shall, in operation, implement Roth deferral election procedures, communicate such procedures to
Participants and permit Participants to modify their elections at least once each Plan Year. 
 27.03 Roth Elective
Deferrals. “Roth Elective Deferrals” means a Participant’s elective deferrals (made in lieu of all or a portion of the Salary Redirection Contributions the Participant is otherwise entitled to make) that are includible in the
Participant’s gross income at the time deferred and have been irrevocably designated as Roth Elective Deferrals by the Participant in his or her deferral election. A Participant’s Roth Elective Deferrals will be separately accounted for,
as will gains and losses attributable to those Roth Elective Deferrals, in a Roth Elective Deferral Account. No contributions other than Roth Elective Deferrals and properly attributable earnings will be credited to each Participant’s Roth
Elective Deferral Account. Forfeitures may not be allocated to such Account. The Plan must also maintain a record of a Participant’s investment in the contract (i.e., designated Roth contributions that have not been distributed) and the period
of time each Roth Elective Deferral has been held. Roth Elective Deferrals are not considered Employee contributions for Plan purposes. 
 27.04 Ordering Rules for Distribution. The Plan Administrator operationally shall implement an ordering rule procedure for withdrawals (including, but not limited to, hardship or other in-service
withdrawals) from a Participant’s Accounts attributable to Salary Redirection Contributions or Roth Elective Deferrals. Such ordering rules shall specify whether the Salary Redirection Contributions or Roth Elective Deferrals are distributed
first. 
 27.05 Corrective Distributions Attributable to Roth Elective Deferrals. For any Plan Year in which a
Participant may make both Roth Elective Deferrals and Salary Redirection Contributions, the Plan Administrator operationally shall implement an ordering rule procedure for the distribution of excess deferrals (Code Section 402(g)), excess
contributions (Code Section 401(k)), excess aggregate contributions (Code Section 401(m)), and excess annual additions (Code Section 415). Such ordering rules shall specify whether the Salary Redirection Contributions or Roth Elective
Deferrals are distributed first, to the extent such type of elective deferrals was made for the year. Furthermore, such procedure may permit the Participant to elect which type of elective deferrals shall be distributed first. 

  
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 27.06 Rollovers. A direct rollover of a distribution from a Participant’s Roth
Elective Deferral Account of the Plan shall only be made to another Roth Elective Deferral account of an applicable retirement plan as described in Code Section 402A(e)(1) or to a Roth IRA as described in Code Section 408A, and only to the
extent the rollover is permitted under the rules of Code Section 402(c). 
  

	 	(a)	The Plan shall accept a rollover contribution to a Participant’s Roth Elective Deferral Account only if it is a direct rollover from another Roth Elective Deferral
account of an applicable retirement plan as described in Code Section 402A(e)(1) and only to the extent the rollover is permitted under the rules of Code Section 402(c). The Employer, operationally and on a uniform and nondiscriminatory
basis, shall decide whether to accept any such rollovers. 

  

	 	(b)	The Plan shall not provide for a direct rollover (including an automatic rollover) for distributions from a Participant’s Roth Elective Deferral Account if the
amount of the distributions that are eligible rollover distributions are reasonably expected to total less than $200 during a year. In addition, any distribution from a Participant’s Roth Elective Deferral Account are not taken into account in
determining whether distributions from a Participant’s other Accounts are reasonably expected to total less than $200 during a year. However, eligible rollover distributions from a Participant’s Roth Elective Deferral Account are taken
into account in determining whether the total amount of the Participant’s Account balances under the Plan exceed the Plan’s limits for purposes of mandatory distributions from the Plan. 

 

	 	(c)	The provisions of the Plan that allow a Participant to elect a direct rollover of only a portion of an eligible rollover distribution is applied by treating any amount
distributed from a Participant’s Roth Elective Deferral account as a separate distribution from any amount distributed from the Participant’s other Accounts in the plan, even if the amounts are distributed at the same time.

 27.07 Operational Compliance. The Plan Administrator will administer Roth Elective Deferrals in
accordance with applicable regulations or other binding authority not reflected in this section. Any applicable regulations or other binding authority shall supersede any contrary provisions of this section. 

  
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 ARTICLE XXVIII 
 ESOP 
 28.01 In General. 

 

	 	(a)	Effective February 16, 2006 (or such later date as senior management of the Company (or its designee) may specify) (“ESOP Amendment Date”), to the extent
a portion of the Plan is invested in the M&I Fund on such date, such portion of the Plan shall constitute an employee stock ownership plan (“ESOP”) within the meaning of Code Section 4975(e)(7). However, to the extent amounts in
the M&I Fund relate to contributions for the current Plan Year, such amounts shall continue to be treated as part of the non-ESOP portion of the Plan except as provided below. 

 

	 	(b)	Therefore, as of the ESOP Amendment Date, the ESOP Account shall consist solely of the M&I Fund, exclusive of amounts related to contributions made for the current
Plan Year. The ESOP Account shall consist of subaccounts representing each contribution source from which such amounts originate. For purposes of rights, options and limitations under this Plan, amounts held in the M&I Fund through each
respective subaccount shall continue to be treated, for purposes of the Plan, as if they were still part of the contribution source from which such amount originated. 

28.02 Ongoing Contributions to ESOP. 
  

	 	(a)	Except for Employer Incentive Contributions described in Section 28.02(b), contributions made to the Plan on or after February 17, 2006 shall not be
considered contributions to the ESOP Account portion of the Plan at the time of contribution, regardless of whether such amounts are invested in the M&I Fund at the time of contribution to the Plan. 

 

	 	(b)	Employer Incentive contributions (i.e., contributions made pursuant to Article VI which are allocated to a Participant’s Incentive Contributions Account) shall be
treated as contributions to the ESOP Account portion of the Plan immediately upon contribution. Notwithstanding the preceding sentence, Employer Incentive Contributions (i.e., contributions made pursuant to Article VI) which are allocated to a
Participant’s Incentive Contributions Account which are made for years beginning after 2007 shall not be considered to be ESOP contributions at the time of the contribution, regardless of whether such amounts are invested in the M&I Fund at
the time of contribution to the Plan. 

  

	 	(c)	As a consequence of Section 28.02(a), (other than with respect to contributions described in 28.02(b) for years beginning before 2008) contributions of any sort to
the Plan shall not be considered ESOP contributions at the time of contribution and, therefore, shall not be subject to treatment as a separate plan for purposes of 

  
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coverage testing under Code Section 410(b) or for purposes of nondiscrimination testing under Code Sections 401(a)(4), 401(k) or 401(m). 

 

	 	(d)	Notwithstanding the foregoing, at least once per Plan Year (and at such times as they in their sole discretion determine), senior management (or its designee) may, in
their sole discretion, declare that the portion of the Plan held in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be thereafter treated as part of the ESOP Account portion of the Plan. Such amounts shall
be treated as transferred to the ESOP Account portion of the Plan, but shall be treated as an intraplan transfer for purposes of Code Section 414(l) and not result in the need to file IRS Form 5310-A. 

 

	 	(e)	Effective immediately following any such declaration described in Section 28.02(d) (or such other date as specified by the people described in
Section 28.02(d)), with respect to all amounts contributed for such preceding Plan Year (and all other preceding periods) as well as after the initial transfer described in Section 28.01(a), Participant—directed transfers into the
M&I Fund from other investment funds, or into other investment funds from the M&I Fund, shall result in an automatic transfer between the ESOP Account portion of the Plan and the non-ESOP account portion of the Plan. Such amounts shall be
treated as transferred to or from the ESOP Account portion of the Plan, but shall be treated as an intraplan transfer for purposes of Code Section 414(l) and not result in the need to file IRS Form 5310-A. This provision is not intended to
change any other investment transfer restrictions stated elsewhere in the Plan. 

  

	 	(f)	The subsequent treatment of such amounts and earnings as ESOP Account or non-ESOP Account amounts pursuant to Section 28.02(d) through 28.02(e) shall not result in
the reclassification of such amounts as contributed under two separate plans which must be mandatorily disaggregated under Treas. Reg. §1.410(b)-7(c)(2) for purposes of the application of Code Sections 410(b), 401(a)(4), 401(k) and/or 401(m).

  

	 	(g)	Notwithstanding the foregoing, if regulations or other Internal Revenue Service guidance or interpretation of general applicability (collectively, “Guidance”)
permits a plan to comply with Code Section 401(k) without disaggregating the ESOP and non-ESOP portions of the Section 401(k) portion of the Plan, amounts contributed for the first Plan Year commencing on or after the effective date of
such Guidance shall be treated as contributed to the ESOP Account and non-ESOP Account portions of the Salary Redirection Contributions Account immediately upon contribution based upon whether such amounts are contributed to the M&I Fund or
other fund options, respectively. Thus, at and after such point, amounts contributed to the M&I Fund shall be treated as if contributed in accordance with Section 28.02(b) as in effect prior to 2008 rather than Section 28.02(a).
Furthermore, following implementation of such change in procedure, with respect to Salary Redirection Contributions, Participant-directed transfers into the M&I Fund from other investment funds, or into other investment funds from the M&I
Fund, shall result in an automatic transfer between the ESOP 

  
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Account portion of the Plan and the non-ESOP Account portion of the Plan. Such amounts shall be treated as transferred to or from the ESOP Account portion of the Plan, but shall be treated as an
intraplan transfer for purposes of Code Section 414(l) and not result in the need to file IRS Form 5310-A. This provision is not intended to change any other investment transfer restrictions stated elsewhere in the Plan.

 28.03 Voting Employer Stock. Each Participant or, if applicable, his Beneficiary shall be entitled to
direct the Trustee as to the exercise of any voting rights attributable to shares of Employer Stock then allocated to his ESOP Account. The procedures for providing the Participant with notice of an opportunity to exercise any voting rights and of
communicating the Participant’s instructions to the Trustee shall be those mechanics described in Article XVII or such other reasonable procedures as shall be established by the fiduciary appointed pursuant to Article XVII. Any Employer Stock
as to which voting instructions are not received shall not be voted unless the Trustee is otherwise directed by the Investment Committee. 
 28.04 Dividends. 
  

	 	(a)	Each Participant (or in the case of a deceased Participant, the Beneficiary of the deceased Participant) shall have the right to elect: 

 

	 	(i)	to have any cash dividends with respect to shares of Employer Stock in his ESOP Account paid directly to him (at the same time that cash dividends are paid to holders
of Employer Stock generally); or 

  

	 	(ii)	to have any cash dividends with respect to shares of Employer Stock in his ESOP Account paid to his ESOP Account (at the same time that cash dividends are paid to
holders of Employer Stock generally) and promptly invested in Employer Stock (by investment in the M&I Fund). 

  

	 	(b)	In the absence of an affirmative election to the contrary, each person shall be deemed to have elected to have cash dividends with respect to Employer Stock in his ESOP
Account applied as described in paragraph (a)(ii) above. 

  

	 	(c)	Any election in effect for a person (whether a deemed election or an affirmative election) shall continue in effect until changed by that person. An election shall
become irrevocable with respect to a cash dividend on a date established by the Plan Administrator which date shall precede the record date for such cash dividend. In the absence of action by the Plan Administrator to the contrary and so long as the
record date for a dividend falls on the last day of the month, an election shall be irrevocable after the 15th day of the month in which the record date falls. 

 

	 	(d)	Notwithstanding any other provision of the Plan to the contrary, a Participant shall not be entitled to a hardship distribution of any portion of his Account in the
Plan unless the Participant elects to receive cash dividends with respect to Employer Stock currently available to the Participant pursuant to this Section 28.04. 

  
 90 

	 	(e)	The election available pursuant to this Section 28.04 shall be administered in accordance with such rules and regulations as may be issued by the Internal Revenue
Service pursuant to Code Section 404(k)(2)(A)(iii). 

  

	 	(f)	Except to the extent more than 30% of a Participant’s Account (ignoring his Employer Incentive Contributions Account and other amounts that were part of the ESOP
prior to February 16, 2006) is invested in the M&I Fund on February 16, 2006 or within 10 business days thereafter and such Participant is a Highly Compensated Employee, any dividends on Employer Stock shall be fully vested regardless
of whether the contribution source to which such dividend relates would otherwise be fully vested. Amounts not immediately vested due to this restriction (and amounts attributable to such amounts such as stock or cash dividends reinvested) shall be
subject to Plan source’s general timing rule for vesting. 

 28.05 ESOP Account Investment.

  

	 	(a)	As required by Internal Revenue Code Section 4975(e)(7), the assets of the ESOP portion of the Plan (i.e., all ESOP Accounts) are intended to be invested primarily
in Employer Stock by means of investment in the M&I Fund described in Section 16.02. 

  

	 	(b)	On the date of the ESOP’s initial January 1, 2002 creation, all ESOP Accounts will be invested in the M&I Fund. Thereafter, all ESOP Accounts shall
continue to be invested in the M&I Fund, except to the extent provided in the following sentence and in Section 28.06. All Participants shall have the ability to direct the investment of their ESOP General Investment Accounts in any of the
investment funds available under the Plan pursuant to Section 16.02 in accordance with rules and procedures established by the Investment Committee pursuant to Section 16.02. 

Effective February 16, 2006 a Participant may elect to invest a portion of his ESOP Account in other investment options offered under
the Plan. (Except as described in Section 28.06, this diversification option shall not apply to amounts attributable to the portion of the Participant’s Post-1984 Incentive Contributions Account attributable to contributions made for Plan
Years beginning before 2008 or to Employer Incentive Contributions made for Plan Years ending before 2008 described in Section 28.02(b).) 
  

	 	(c)	The election by a Participant to diversify his ESOP Account shall result in amounts being transferred to the non-ESOP Account portion of the Plan. Such diversified
amounts shall thereafter be treated in the same manner as other Employer contributions for purposes of the maximum portion of such amounts that may be invested in the M&I Fund. 

28.06 Diversification of Investments for Qualified Participants. Each Participant or former Employee having an ESOP Account who
has attained age 55 may, to the extent not 

  
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otherwise permitted under the Plan, direct the investment of all or any portion of his ESOP Account. 
 28.07 Stock Bonus ESOP. The ESOP portion of the Plan is a stock bonus plan and not a money purchase pension plan. 
 28.08 Distributions from ESOP Account. 
  

	 	(a)	The distribution of a Participant’s ESOP Account shall be made in the form of the qualified joint and survivor annuity described in Section 9.01(d) unless the
Participant elects otherwise with the consent of his spouse pursuant to the rules described in Section 9.01. If the Participant so elects against the qualified joint and survivor annuity under Section 9.01(d), then:

  

	 	(i)	if the Participant elects, distribution of the ESOP Account balance shall commence not later than one year after the close of the Plan Year: 

 

	 	(1)	in which the Participant separates from service by reason of the attainment of Normal Retirement Date, Disability Retirement Date or death; or 

 

	 	(2)	which is the fifth Plan Year following the Plan Year in which the Participant otherwise separates from service, except that this clause (2) shall not apply if the
Participant is re-employed by the Employer before distribution is required to begin under this clause (2). 

  

	 	(ii)	distribution of the Participant’s ESOP Account balance shall be made in substantially equal periodic payments (not less frequently than annually) over a period not
longer than the greater of: 

  

	 	(1)	five years, or 

  

	 	(2)	in the case of a Participant with an ESOP Account balance in excess of $500,000, five years plus one additional year (but not more than five additional years) for each
$100,000 or fraction thereof by which such balance exceeds $500,000. 

  

	 	(b)	A Participant who has elected against the qualified joint and survivor annuity described in Section 9.01(d) pursuant to the procedures described in
Section 9.01 and who would therefore be subject to the distribution rules with respect to the ESOP Account described in the preceding paragraph (a), may nevertheless elect, pursuant to the rules of Section 9.01 including the spousal
consent rules, to receive distribution of the ESOP Account at a time applicable under Article IX or in a distribution option available under Section 9.01 of the Plan, including, without limitation, lump sum payment or payment in installments
over a period longer than the periods described in paragraph (a)(ii). Similarly, a Participant’s Beneficiary in the case of death may elect to delay distribution beyond the date specified in the preceding paragraphs to dates consistent with the
rules generally 

  
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 applicable under Article IX and may elect forms of distribution generally available to
Beneficiaries under Section 9.02. If a deceased Participant has a surviving spouse, Section 9.02(c) shall apply, rather than paragraph (a) above, unless the spouse elects against the Pre-Retirement Survivor Annuity pursuant to the
procedures described in Section 9.02. 
  

	 	(c)	Any distribution of a Participant’s ESOP Account which would otherwise be made in cash, shall, if the Participant so elects, be made in Employer Stock instead;
provided, however, that fractional shares shall not be distributed and, instead, the cash value of any fractional share shall be distributed. 

 For purposes of determining the portion of a Participant’s Account that a Participant may receive in-kind upon post termination distribution, a Participant will have the option of electing that any
portion or all of his or her Plan Account be distributed in shares of Employer Stock, regardless of how his or her Account was invested prior to distribution. (Fractional shares in all cases will be distributed in cash.) This option supersedes the
other restrictions on the amount a Participant may elect to invest in the M&I Fund or to receive in the form of Employer Stock. 
  

	 	(d)	The rules of this Section 28.08 shall be interpreted in a manner consistent with requirements of Code Section 409(o). 

 

	 	(e)	The distribution rules of this Article XXVIII shall not be applicable to any Participant whose ESOP account is created effective January 1, 2002 and who was
already in pay status prior to that date, e.g., already receiving installment distributions. 

 28.09
Restriction. 
 Notwithstanding anything in this Article XXVIII to the contrary, to the extent more than 30% of a
Participant’s Account (ignoring his Employer Incentive Contributions Account and other amounts that were part of the ESOP prior to February 16, 2006) is invested in the M&I Fund on February 16, 2006 or within 10 business days
thereafter and such Participant is a Highly Compensated Employee, a Participant shall not be permitted to elect to take distribution of his dividends on shares representing such excess in the form of Employer Stock. The restriction shall apply to
subsequent amounts attributable to such excess shares (such as stock or cash dividends reinvested). 

  
 93 

 ARTICLE XXIX 
 GUST 
 29.01 GUST Amendments for Merged Plans. This
Plan document shall also serve as the restatement for purposes of the GUST changes in law which have become applicable to those plans which have been merged to form this Plan or merged into this Plan. For periods prior to merger, the general
participation, contribution, vesting and distribution rules shall be as set forth in those plans prior to merger; provided, however, that all provisions of this Plan intended to facilitate compliance with the GUST changes in law, including, without
limitation, Article VII, Article XIX, the dollar amount of the cash out limitation set forth in Section 9.03, the age
70 1/2 distribution rule set forth in the third
paragraph of Section 9.01, the military leave rules set forth in Section 14.09 and the modifications to the direct rollover rules in Article XVIII, shall be treated as amendments to such prior plans, which prior plans have been operated in
compliance with such requirements as required by the IRS in connection with the GUST changes in law. 
 29.02 The
Merged Plans. The M&I Incentive Savings Plan was merged into the M&I Retirement Growth Plan to form the M&I Retirement Program effective as of January 1, 1998. The Mutual Services Inc. Tax Deferred Retirement Plan was merged
into the M&I Retirement Program effective October 1, 1998. The Advantage Bancorp, Inc. Employees Profit-Sharing and Savings Retirement Plan was merged into the M&I Retirement Program effective September 1, 1998. The Security 401(k)
Plan was merged into the M&I Retirement Program effective October 1, 1998. The Derivion 401(k) Plan is merged into the M&I Retirement Program effective December 31, 2001. The National City 401(k) Plan is merged into the M&I
Retirement Program effective December 31, 2001. As recited in Section 29.01 above, this document serves as the GUST restatement for each of the plans listed in this Section 29.02. 

  
 94 

 ARTICLE XXX 
 FORMER CENTURY PLAN ACCOUNTS 
 30.01 In General. This Article sets forth
the rules applicable to a Participant’s Former Century Plan Account and subaccounts described in Section 1.01(r). 

Except as set forth in Section 30.02 below, a Participant’s Former Century Plan Account shall be subject to the same rules as
applicable to a Participant’s Accounts generally under the rules of this Plan, e. g., a Participant’s Former Century Deferral Contributions Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this
Plan, a Participant’s Former Century Matching Contributions Account shall be subject to the same rules as Incentive Contributions Accounts under this Plan, a Participant’s Former Century Rollover Contribution Account shall be subject to
the same rules as applicable to Rollover Accounts under this Plan and a Participant’s Former Century Employer Contributions Account shall be subject to the same rules as applicable to Profit-Sharing Employer Contribution Accounts under this
Plan. 
 30.02 Special Rules. 
 Notwithstanding Section 30.01 above, the following special rules shall apply to a Participant’s Former Century Plan Account: 

 

	 	(a)	 Loans were available under the Former Century Plan but are not available under this Plan. However, loans which were outstanding under the Former
Century Plan at the time of the merger of that plan into this Plan shall continue to be held outstanding in accordance with their terms. The portion of a Participant’s Account which serves as security for a loan is not capable of being
withdrawn under the hardship withdrawal provisions of Article X or under the age 59 1/2 withdrawal rules of Section 9.01. In the event a Participant has terminated employment and elects to receive a distribution of his Account balance following such termination of employment, any
unpaid loan amounts shall be offset against the amount of the distribution to which the Participant would otherwise be entitled. 

  

	 	(b)	The Participant’s Former Century Plan Account shall at all times be fully vested. 

 

	 	(c)	All Former Century Plan Accounts are fully vested and distributable at age 65, even if the Participant is still in the employ of the Employer. 

 

	 	(d)	Individuals who had been employees of Century Bancshares, N.A. and its subsidiaries who became employees of Marshall & Ilsley Corporation or its subsidiaries
as a result of Marshall & Ilsley Corporation’s acquisition of Century Bancshares, N.A. and its subsidiaries shall be eligible to participate in the M&I Retirement Program effective as of March 1, 2002 and each such
person’s employment with Century Bancshares, N.A. and its subsidiaries and predecessors shall be taken into account in determining whether such individual has completed one year of Eligibility Service. For calendar year 2002, the Hours of
Service requirement set forth in Sections 3.03, 4.01 and 6.05 of the M&I Retirement 

  
 95 

	 	
Program shall be replaced with a requirement for former employees of Century Bancshares, N.A., and its subsidiaries, of 833 Hours of Service, counting service only with M&I or its Affiliates.

  
 96 

 ARTICLE XXXI 
 FORMER RICHFIELD PLAN ACCOUNTS 
 31.01 In General. This Article sets forth
the rules applicable to a Participant’s Former Richfield Plan Account and subaccounts described in Section 1.01(s). 

Except as set forth in Section 31.02, below, a Participant’s Former Richfield Plan Account shall be subject to the same rules
as applicable to a Participant’s Accounts generally under the rules of this Plan, e.g., a Participant’s Former Richfield Plan Deferral Contributions Account shall be subject to the same rules as applicable to Salary Redirection Accounts
under this Plan, a Participant’s Former Richfield Matching Contributions Account shall be subject to the same rules as the Incentive Contributions Account under this Plan, a Participant’s Former Richfield Rollover Contributions Account
shall be subject to the same rules as applicable to Rollover Accounts under this Plan and a Participant’s Former Profit Sharing Plan Account shall be subject to the same rules as applicable to Profit Sharing Employer Contributions Accounts
under this Plan. 
 31.02 Special Rules. 
 Notwithstanding Section 31.01, above, the following special rules shall apply to a Participant’s Former Richfield Plan Account: 

 

	 	(a)	 Loans were available under the Former Richfield Plan but are not available under this Plan. However, loans that were outstanding under the Former
Richfield Plan (at the time of the merger of that plan into this Plan) shall continue to be held outstanding in accordance with their terms. The portion of a Participant’s Account which serves as security for a loan is not capable of being
withdrawn under the hardship withdrawal provisions of Article X or under the Age 59 1/2 withdrawal rules of Section 9.01. In the event a Participant has terminated employment and elects to receive a distribution of his Account balance following such termination of employment, any
unpaid loan amounts shall be offset against the amount of the distribution to which the Participant would otherwise be entitled. Notwithstanding the foregoing, no further loans shall be issued from the Former Richfield Plan effective March 1,
2002. 

  

	 	(b)	The Participant’s Former Richfield Plan Account shall at all times be fully vested. 

 

	 	(c)	 All Former Richfield Plan Accounts are fully vested and distributable at age 65 (age 59 1/2 with respect to the Former Richfield Plan Deferral Contributions
Account), even if the Participant is still in the employ of the Employer. Such amounts may be withdrawn in whole or in part at any time following attainment of such age. 

 

	 	(d)	All or any portion of the Participant’s Former Richfield Plan Account (other than Former Richfield Plan Deferral Contributions Account and Former Richfield
Safe-Harbor Account) may be withdrawn at or after the time such Participant has 

  
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participated in the Plan for at least five years (counting service with Richfield and its predecessors as well as service with M&I). 

 

	 	(e)	All or any portion of the Participant’s Former Richfield Plan Account (other than Former Richfield Plan Deferral Contributions Account and Former Richfield
Safe-Harbor Account) may be withdrawn to the extent such amounts (and earnings or losses thereon) have been in the Plan and/or the Richfield Plan for at least two full Plan Years. 

 

	 	(f)	The Former Richfield Plan included a nonelective “safe-harbor” contribution (as described in Internal Revenue Code Sections 401(k)(12) and 401(m)(11)) and
committed to make such contribution for 2002. The contribution for periods prior to March 1, 2002 was made to the Former Richfield Plan. The safe-harbor contribution for the period March 1, 2002 through December 31, 2002 will be made
to the Plan using the definition of Compensation under the Former Richfield Plan. As required, the contribution will be fully vested and only available for distribution at such times as permitted under the applicable Code Sections and regulations.
However, the contribution will offset, on a dollar-for-dollar basis, any contribution that would otherwise be due under Section 3.03 of this Plan with respect to Compensation (as defined in this Plan) for the period March 1, 2002 through
December 31, 2002. It is not intended that the safe-harbor contribution for 2002 be used as an alternative to the Average Deferral Percentage test or the Average Contribution Percentage test for either the Former Richfield Plan or this Plan;
rather, deferrals and matching contributions to the Former Richfield Plan shall be included in testing the Plan for the 2002 plan year. The “safe-harbor” contribution is eliminated for periods after December 31, 2002.

  

	 	(g)	Individuals who had been employees of Richfield who became employees of M&I or its subsidiaries as a result of M&I’s acquisition of Richfield shall be
eligible to participate in the Program effective as of March 1, 2002 and each such person’s employment with Richfield and/or its predecessors shall be taken into account in determining whether such individual has completed one year of
Eligibility Service (i.e., the fact that a such an individual was eligible for all portions of the Richfield Plan does not mean such person participates in all parts of the Program unless such individual has already satisfied the requirements for
the Program, taking into account both their service with Richfield and its predecessors and with M&I) and for purposes of determining his/her vesting in the Plan. For calendar year 2002, the Hours of Service requirements set forth in
Section 3.03 (relating to eligibility for an allocation of Profit-Sharing Contributions) and 6.05 (relating to eligibility for an allocation of Employer Incentive Contributions) of the Program shall be replaced with a requirement, for former
employees of Richfield, of 833 Hours of Service. For these latter purposes, the Plan shall only take into account service with M&I or its Affiliates on or after March 1, 2002. 

  
 98 

 ARTICLE XXXII 
 FORMER PAYTRUST PLAN ACCOUNTS 
 32.01 In General. This Article sets forth
the rules applicable to a Participant’s Former Paytrust Plan Account and subaccounts described in Section 1.01(t). 

Except as set forth in Section 32.02 below, a Participant’s Former Paytrust Plan Account shall be subject to the same rules as
applicable to a Participant’s Accounts generally under the rules of this Plan, e.g., a Participant’s Former Paytrust Plan Elective Deferral Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this
Plan, a Participant’s Former Paytrust Profit Sharing Account shall be subject to the same rules as applicable to Profit Sharing Employer Contributions Accounts under this Plan, a Participant’s Former Paytrust Matching Contributions Account
shall be subject to the same rules as the Incentive Contributions Account under this Plan, and a Participant’s Former Paytrust Rollover Contributions Account shall be subject to the same rules as applicable to Rollover Accounts under this Plan.

 32.02 Special Rules. 
 Notwithstanding Section 32.01 above, the following special rules shall apply to a Participant’s Former Paytrust Plan Account: 

 

	 	(a)	Except with respect to Participants who terminated before July 26, 2002, a Participant’s Former Paytrust Plan Account shall at all times be fully vested. Any
Participant who terminated prior to that date shall have his vesting in amounts attributable to participation in the Former Paytrust Plan determined in accordance with the terms of that plan as previously in effect. 

 

	 	(b)	All Former Paytrust Plan Accounts become fully vested (if not already vested) and distributable at age 65, even if the Participant is still in the employ of the
Employer. Such amounts may be withdrawn in whole or in part at any time following attainment of such age. 

  

	 	(c)	A Participant’s Former Paytrust Rollover Contributions Account may be fully or partially withdrawn at any time. 

 

	 	(d)	 Individuals who had been employees of PAYTRUST, INC. (“Paytrust”) who became employees of M&I or its subsidiaries as a result of
Metavante Corporation’s acquisition of Paytrust shall be eligible to participate in the Plan effective as of July 26, 2002, and each such person’s employment with Paytrust and/or its predecessors shall be taken into account in
determining whether such individual has completed one year of Eligibility Service (i.e., the fact that such an individual was eligible for all portions of the Former Paytrust Plan does not mean such person participates in all parts of the Plan
unless such individual has already satisfied the requirements for the Plan, taking into account both their service with Paytrust and its predecessors and M&I) and for purposes of determining his/her vesting in the Plan. For calendar year 2002,
the Hours of Service requirements set 

  
 99 

	 	
forth in Sections 3.03 (relating to eligibility for an allocation of Profit-Sharing Contributions) and 6.05 (relating to eligibility for an allocation of Employer Incentive Contributions) of the
Plan shall be replaced with a requirement, for former employees of Paytrust, of 416 Hours of Service. For these latter purposes, the Plan shall only take into account service with M&I or its Affiliated Employers on or after July 26, 2002.

  
 100

 ARTICLE XXXIII 
 FORMER MVBI PLAN ACCOUNTS 
 33.01 In General. This Article sets forth the
rules applicable to a Participant’s Former MVBI Plan Account and subaccounts described in Section 1.01(u). 
 Except
as set forth in Section 33.02 below, a Participant’s Former MVBI Plan Account shall be subject to the same rules as applicable to a Participant’s Accounts generally under the rules of this Plan, e.g., a Participant’s Former MVBI
Plan Employee Savings Contributions Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this Plan, a Participant’s Former MVBI Matching Contributions Account shall be subject to the same rules as the
Incentive Contributions Account under this Plan, a Participant’s Former MVBI Voluntary Contributions Account shall be subject to the same rules as the Voluntary Contributions Account under this Plan, and a Participant’s Former MVBI
Rollover Contributions Account shall be subject to the same rules as applicable to Rollover Accounts under this Plan. 
 33.02
Special Rules. 
 Notwithstanding Section 33.01 above, the following special rules shall apply to a
Participant’s Former MVBI Plan Account. 
  

	 	(a)	Except with respect to Participants who terminated before September 30, 2002, a Participant’s Former MVBI Plan Account shall at all times be fully vested. Any
Participant who terminated prior to that date shall have his vesting in amounts attributable to participation in the Former MVBI Plan determined in accordance with the terms of that plan as previously in effect. 

 

	 	(b)	All Former MVBI Plan Accounts become fully vested (if not already vested) and distributable at age 65, even if the Participant is still in the employ of the Employer.
Such amounts may be withdrawn in whole or in part at any time following attainment of such age. 

  

	 	(c)	A Participant’s Former MVBI Rollover Contributions Account may be fully or partially withdrawn at any time. 

 

	 	(d)	Individuals who had been employees of Mississippi Valley Bancshares, Inc. or any of its affiliates (“MVBI”) who became employees of M&I or its
subsidiaries as a result of Marshall & Ilsley Corporation’s acquisition of MVBI shall be eligible to participate in the Plan effective as of January 1, 2003, and each such person’s employment with MVBI and/or its predecessors
shall be taken into account in determining whether such individual has completed one year of Eligibility Service (i.e., the fact that such an individual was eligible for all portions of the Former MVBI Plan does not mean such person participates in
all parts of the Plan unless such individual has already satisfied the requirements for the Plan, taking into account both their service with MVBI and/or its predecessors and M&I) and for purposes of determining his/her vesting in the Plan.

  
 101

 ARTICLE XXXIV 
 FORMER AFS ACCOUNTS 
 34.01 In General. This Article sets forth the rules
applicable to a Participant’s Former AFS Plan Account and subaccounts described in Section 1.01(v). 
 Except as set
forth in Section 34.02 below, a Participant’s Former AFS Plan Account shall be subject to the same rules as applicable to a Participant’s Accounts generally under the rules of this Plan, e.g., a Participant’s Former AFS Plan
Deferral Contributions Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this Plan, a Participant’s Former AFS Matching Contributions Account shall be subject to the same rules as the Incentive
Contributions Account under this Plan, a Participant’s Former AFS Nonelective Contributions Account shall be subject to the same rules as the Employer Profit Sharing Contributions Account under this Plan, a Participant’s Former AFS
Voluntary Contributions Account shall be subject to the same rules as the Voluntary Contributions Account under this Plan, and a Participant’s Former AFS Rollover Contributions Account shall be subject to the same rules as applicable to
Rollover Accounts under this Plan. 
 34.02 Special Rules. 

Notwithstanding Section 34.01 above, the following special rules shall apply to a Participant’s Former AFS Plan Account:

  

	 	(a)	Except with respect to Participants who terminated before July 1, 2004, a Participant’s Former AFS Plan Account shall at all times be fully vested. Any
Participant who terminated prior to that date shall have his vesting in amounts attributable to participation in the Former AFS Plan determined in accordance with the terms of that plan as previously in effect (including the vesting schedule and
methodology). 

  

	 	(b)	All Former AFS Plan Accounts become fully vested (if not already vested) at age 65 (or if later, the fifth anniversary of the first day of the Plan Year in which the
Participant first commenced participation in the Plan), even if the Participant is still in the employ of the Employer. Such amounts may be withdrawn in whole or in part at any time following attainment of age 65 and full vesting.

  

	 	(c)	A Participant’s Former AFS Rollover Contributions Account may be fully or partially withdrawn at any time. 

 

	 	(d)	Individuals who had been employees of AFS who became employees of M&I and/or its subsidiaries as a result of M&I’s acquisition of AFS shall be eligible to
participate in the Plan effective as of July 1, 2004, and each such person’s employment with AFS and/or its predecessors shall be taken into account in determining whether such individual has completed one year of Eligibility Service
(i.e., the fact that such an individual was eligible for all portions of the Former AFS Plan does not mean such person participates in all parts of the Plan unless 

  
 102

 such individual has already satisfied the requirements for the Plan, taking into account
both their service with AFS and/or its predecessors and M&I) and for purposes of determining his/her vesting in the Plan. 
  

	 	(e)	The adoption of the M&I Plan is intended to constitute a “good faith” amendment for the purposes of complying with EGTRRA 2001. 

  
 103

 ARTICLE XXXV 
 FORMER MBI ACCOUNTS 
 35.01 In General. This Article sets forth the rules
applicable to a Participant’s Former MBI Plan Account and subaccounts described in Section 1.01(w). 
 Except as set
forth in Section 35.02 below, a Participant’s Former MBI Plan Account shall be subject to the same rules as applicable to a Participant’s Accounts generally under the rules of this Plan, e.g., a Participant’s Former MBI Plan
Deferral Contributions Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this Plan, a Participant’s Former MBI Matching Contributions Account shall be subject to the same rules as the Incentive
Contributions Account under this Plan, a Participant’s Former MBI Nonelective Contributions Account shall be subject to the same rules as the Employer Profit Sharing Contributions Account under this Plan, a Participant’s Former MBI
Voluntary Contributions Account shall be subject to the same rules as the Voluntary Contributions Account under this Plan, and a Participant’s Former MBI Rollover Contributions Account shall be subject to the same rules as applicable to
Rollover Accounts under this Plan. 
 35.02 Special Rules. 

Notwithstanding Section 35.01 above, the following special rules shall apply to a Participant’s Former MBI Plan Account:

  

	 	(a)	Except with respect to Participants who terminated before July 22, 2005, a Participant’s Former MBI Plan Account shall at all times be fully vested. Any
Participant who terminated prior to that date shall have his vesting in amounts attributable to participation in the Former MBI Plan determined in accordance with the terms of that plan as previously in effect (including the vesting schedule and
methodology). 

  

	 	(b)	 All Former MBI Plan Accounts become fully vested (if not already vested) at age 59 1/2 if the Participant is still in the employ of M&I.

  

	 	(c)	 Former MBI Plan Accounts (which are 100% vested) may be withdrawn in-service in whole or in part at any time following attainment of age
59 1/2. 

 

	 	(d)	A Participant’s Former MBI Rollover Contributions Account may be fully or partially withdrawn in-service at any time. 

 

	 	(e)	For purposes of vesting upon a disability with respect to amounts related to the Former MBI Plan, the definition of Total and Permanent Disability under the Former MBI
Plan shall apply. 

  

	 	(f)	Forfeitures of amounts attributable to participation in the Former MBI Plan will occur as of the earlier of (1) the last day of the Plan Year in which the
Participant 

  
 104

 incurs 5 consecutive 1-Year Breaks in Service (as defined in the Former MBI Plan) or
(2) distribution of the entire vested portion of the Participant’s account. 
  

	 	(g)	Eligibility and vesting under the Plan for former employees of MBI is subject to the previous amendments to the Plan. 

 

	 	(h)	Notwithstanding anything herein to the contrary, any protected benefits or optional forms of benefit related to Former MBI Plan assets shall be protected and retained
to the extent required under Code Section 411 and applicable regulations. 

  

	 	(i)	Former employees of MBI who became employees of M&I (and/or its Affiliates) on July 23, 2005 as a direct consequence of the acquisition of MBI shall be
credited with their service with MBI prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. However, such employees shall not become Participants until August 1, 2005 (or such later date as such
employee would have become a Participant in the Plan, taking into account the service credit provided in the preceding sentence) and for the purpose of satisfying the 1,000 Hours of Service requirement for allocations set forth in Sections 3.03 and
6.05 of the Plan, only service with M&I or its Affiliates will be taken into account, but the Hours of Service requirement shall be prorated for 2005 based on the employee’s hire date with M&I. Compensation paid by MBI and/or M&I
and/or its Affiliates prior to August 1, 2005, shall not be recognized for any purposes of the Plan other than determination of Highly Compensated Employee and Key Employee status. 

  
 105

 ARTICLE XXXVI 
 FORMER GHR ACCOUNTS 
 36.01 In General. This Article sets forth the rules
applicable to a Participant’s Former GHR Plan Account and subaccounts described in Section 1.01(x). 
 Except as set
forth in Section 36.02 below, a Participant’s Former GHR Plan Account shall be subject to the same rules as applicable to a Participant’s Accounts generally under the rules of this Plan, e.g., a Participant’s Former GHR Plan
Deferral Contributions Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this Plan, a Participant’s Former GHR Matching Contributions Account shall be subject to the same rules as the Incentive
Contributions Account under this Plan, a Participant’s Former GHR Nonelective Contributions Account shall be subject to the same rules as the Employer Profit Sharing Contributions Account under this Plan, a Participant’s Former GHR
Voluntary Contributions Account shall be subject to the same rules as the Voluntary Contributions Account under this Plan, and a Participant’s Former GHR Rollover Contributions Account shall be subject to the same rules as applicable to
Rollover Accounts under this Plan. 
 36.02 Special Rules. 

Notwithstanding Section 36.01 above, the following special rules shall apply to a Participant’s Former GHR Plan Account:

  

	 	(a)	Except with respect to Participants who terminated before August 11, 2005, a Participant’s Former GHR Plan Account shall at all times be fully vested. Any
Participant who terminated prior to that date shall have his vesting in amounts attributable to participation in the Former GHR Plan determined in accordance with the terms of that plan as previously in effect (including the vesting schedule and
methodology). 

  

	 	(b)	 All Former GHR Plan Accounts become fully vested (if not already vested) at age 59 1/2 if the Participant is still in the employ of M&I.

  

	 	(c)	 Former GHR Plan amounts may be withdrawn in-service in whole or in part at any time following attainment of age 59 1/2. 

 

	 	(d)	For purposes of vesting upon a disability with respect to amounts related to the Former GHR Plan, the definition of Total and Permanent Disability under the Former GHR
Plan shall apply. 

  

	 	(e)	Forfeitures of amounts attributable to participation in the Former GHR Plan will occur as of the earlier of (1) the last day of the Plan Year in which the
Participant incurs 5 consecutive 1-Year Breaks in Service (as defined in the Former GHR Plan) or (2) distribution of the entire vested portion of the Participant’s account. 

 

	 	(f)	Eligibility and vesting under the Plan for former employees of GHR is subject to the previous amendments to the Plan. 

  
 106

	 	(g)	Distributions of assets related to the Former GHR Plan may only be made in the form of cash and/or M&I stock. 

 

	 	(h)	Notwithstanding anything herein to the contrary, any protected benefits or optional forms of benefit related to Former GHR Plan assets shall be protected and retained
to the extent required under Code Section 411 and applicable regulations. 

  

	 	(i)	Former employees of GHR who became employees of M&I and/or its Affiliates on August 12, 2005 as a direct consequence of the acquisition of GHR shall be
credited with their service with GHR prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. However, such employees shall not become Participants until September 1, 2005 (or such later date as such
employee would have become a Participant in the Plan, taking into account the service credit provided in the preceding sentence) and for the purpose of satisfying the 1,000 Hours of Service requirement for allocations set forth in Sections 3.03 and
6.05 of the Plan, only service with M&I or its Affiliates will be taken into account, but the Hours of Service requirement shall be prorated for 2005 based on the Employee’s hire date with M&I Compensation paid by GHR and/or M&I
and/or its Affiliates prior to September 1, 2005, shall not be recognized for any purposes of the Plan other than determination of Highly Compensated Employee and Key Employee status. 

  
 107

 ARTICLE XXXVII 
 FORMER BRASFIELD ACCOUNTS 
 37.01 In General. This Article sets forth the
rules applicable to a Participant’s Former Brasfield Plan Account and subaccounts described in Section 1.01(y). 

Except as set forth in Section 37.02 below, a Participant’s Former Brasfield Plan Account shall be subject to the same rules as
applicable to a Participant’s Accounts generally under the rules of this Plan, e.g., a Participant’s Former Brasfield Plan Deferral Contributions Account shall be subject to the same rules as applicable to Salary Redirection Accounts under
this Plan, a Participant’s Former Brasfield Matching Contributions Account shall be subject to the same rules as the Incentive Contributions Account under this Plan, a Participant’s Former Brasfield Nonelective Contributions Account shall
be subject to the same rules as the Employer Profit Sharing Contributions Account under this Plan, a Participant’s Former Brasfield Voluntary Contributions Account shall be subject to the same rules as the Voluntary Contributions Account under
this Plan, and a Participant’s Former Brasfield Rollover Contributions Account shall be subject to the same rules as applicable to Rollover Accounts under this Plan. 
 37.02 Special Rules. 
 Notwithstanding Section 37.01 above, the
following special rules shall apply to a Participant’s Former Brasfield Plan Account: 
  

	 	(a)	Except with respect to Participants who terminated before October 5, 2005, a Participant’s Former Brasfield Plan Account shall at all times be fully vested.
Any Participant who terminated prior to that date shall have his vesting in amounts attributable to participation in the Former Brasfield Plan determined in accordance with the terms of that plan as previously in effect (including the vesting
schedule and methodology). 

  

	 	(b)	 All Former Brasfield Plan Accounts become fully vested (if not already vested) at the later of: (1) age 65 or (2) the 5th anniversary of the first day of the Plan Year in which participation
in the Former Brasfield Plan commenced (so long as the Participant is still in the employ of M&I). 

  

	 	(c)	A Participant’s Former Brasfield Rollover Contributions Account may be fully or partially withdrawn in-service at any time. 

 

	 	(d)	For purposes of vesting upon a disability with respect to amounts related to the Former Brasfield Plan, the definition of Total and Permanent Disability under the
Former Brasfield Plan shall apply. 

  

	 	(e)	Forfeitures of amounts attributable to participation in the Former Brasfield Plan will occur as of the earlier of (1) the last day of the Plan Year in which the
Participant incurs 5 consecutive 1-Year Breaks in Service (as defined in the 

  
 108

 Former Brasfield Plan) or (2) distribution of the entire vested portion of the
Participant’s account. 
  

	 	(f)	Eligibility and vesting under the Plan for former employees of Brasfield is subject to the previous amendments to the Plan. 

 

	 	(g)	Notwithstanding anything herein to the contrary, any protected benefits or optional forms of benefit related to Former Brasfield Plan assets shall be protected and
retained to the extent required under Code Section 411 and applicable regulations. 

  

	 	(h)	Former employees of Brasfield who became employees of M&I (and/or its Affiliates) on or about October 6, 2005 as a direct consequence of the acquisition of
Brasfield shall be credited with their service with Brasfield prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. However, such employees shall not become Participants until January 1, 2006 (or
such later date as such employee would have become a Participant in the Plan, taking into account the service credit provided in the preceding sentence). Compensation paid by Brasfield and/or M&I and/or its Affiliates prior to January 1,
2006, shall not be recognized for any purposes of the Plan other than determination of Highly Compensated Employee and Key Employee status. 

  
 109

 ARTICLE XXXVIII 
 FORMER L2G ACCOUNTS 
 38.01 In General. This Article sets forth the rules
applicable to a Participant’s Former L2G Plan Account and subaccounts described in Section 1.01(z). 
 Except as set
forth in Section 38.02 below, a Participant’s Former L2G Plan Account shall be subject to the same rules as applicable to a Participant’s Accounts generally under the rules of this Plan, e.g., a Participant’s Former L2G Plan
Deferral Contributions Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this Plan, a Participant’s Former L2G Matching Contributions Account shall be subject to the same rules as the Incentive
Contributions Account under this Plan, a Participant’s Former L2G Nonelective Contributions Account shall be subject to the same rules as the Employer Profit Sharing Contributions Account under this Plan, a Participant’s Former L2G
Voluntary Contributions Account shall be subject to the same rules as the Voluntary Contributions Account under this Plan, and a Participant’s Former L2G Rollover Contributions Account shall be subject to the same rules as applicable to
Rollover Accounts under this Plan. 
 38.02 Special Rules. 

Notwithstanding Section 38.01 above, the following special rules shall apply to a Participant’s Former L2G Plan Account:

  

	 	(a)	 Former L2G Plan amounts may be withdrawn in whole or in part in-service at any time following attainment of age 59 1/2. 

 

	 	(b)	A Participant’s Former L2G Rollover Contributions Account may be fully or partially withdrawn in-service at any time. 

 

	 	(c)	For purposes of vesting upon a disability with respect to amounts related to the Former L2G Plan, the definition of Total and Permanent Disability under the Former L2G
Plan shall apply. 

  

	 	(d)	Forfeitures of amounts attributable to participation in the Former L2G Plan will occur as of the earlier of (1) the last day of the Plan Year in which the
Participant incurs 5 consecutive 1-Year Breaks in Service (as defined in the Former L2G Plan) or (2) distribution of the entire vested portion of the Participant’s account. 

 

	 	(e)	Eligibility and vesting under the Plan for former employees of L2G is subject to the previous amendments to the Plan. 

 

	 	(f)	Former employees of Link2Gov who became employees of M&I (and/or its Affiliates) on or about November 18, 2005 as a direct consequence of the acquisition of
Link2Gov shall be credited with their service with Link2Gov prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. However, such employees shall not become Participants until 

  
 110

 January 1, 2006 (or such later date as such employee would have become a Participant in
the Plan, taking into account the service credit provided in the preceding sentence). Compensation paid by Link2Gov and/or M&I and/or its Affiliates prior to January 1, 2006, shall not be recognized for any purposes of the Plan other than
determination of Highly Compensated Employee and Key Employee status. 

  
 111

 ARTICLE XXXIX 
 FORMER ADMINISOURCE ACCOUNTS 
 39.01 In General. This Article sets forth
the rules applicable to a Participant’s Former Adminisource Plan Account and subaccounts described in Section 1.01(aa). 
 Except as set forth in Section 39.02 below, a Participant’s Former Adminisource Plan Account shall be subject to the same rules as applicable to a Participant’s Accounts generally under the
rules of this Plan, e.g., a Participant’s Former Adminisource Plan Deferral Contributions Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this Plan, a Participant’s Former Adminisource Matching
Contributions Account shall be subject to the same rules as the Incentive Contributions Account under this Plan, a Participant’s Former Adminisource Nonelective Contributions Account shall be subject to the same rules as the Employer Profit
Sharing Contributions Account under this Plan, a Participant’s Former Adminisource Voluntary Contributions Account shall be subject to the same rules as the Voluntary Contributions Account under this Plan, and a Participant’s Former
Adminisource Rollover Contributions Account shall be subject to the same rules as applicable to Rollover Accounts under this Plan. 
 39.02 Special Rules. 
 Notwithstanding Section 39.01 above, the
following special rules shall apply to a Participant’s Former Adminisource Plan Account: 
  

	 	(a)	Except with respect to Participants who terminated before December 31, 2005, a Participant’s Former Adminisource Plan Account shall at all times be fully
vested. Any Participant who terminated prior to that date shall have his vesting in amounts attributable to participation in the Former Adminisource Plan determined in accordance with the terms of that plan as previously in effect (including the
vesting schedule and methodology). 

  

	 	(b)	All Former Adminisource Plan Accounts become fully vested (if not already vested) at age 65 if the Participant is still in the employ of M&I.

  

	 	(c)	 Vested amounts related to the Former Adminisource Plan Accounts may be withdrawn in whole or in part (in any amount not less than $500) in-service at
any time following attainment of age 59 1/2.
After-tax contributions (and earnings thereon) and rollover contributions (and earnings thereon) related to the Former Adminisource Plan may be withdrawn in-service at any time and in any amount. 

 

	 	(d)	For purposes of vesting upon a disability with respect to amounts related to the Former Adminisource Plan, the definition of Disability under the Former Adminisource
Plan shall apply. 

  
 112

	 	(e)	Forfeitures of amounts attributable to participation in the Former Adminisource Plan will occur as of the earlier of (1) the last day of the Plan Year in which the
Participant incurs 5 consecutive 1-Year Breaks in Service (as defined in the Former Adminisource Plan) or (2) distribution of the entire vested portion of the Participant’s account. 

 

	 	(f)	Eligibility and vesting under the Plan for former employees of Adminisource is subject to the previous amendments to the Plan. 

 

	 	(g)	Notwithstanding anything herein to the contrary, any protected benefits or optional forms of benefit related to Former Adminisource Plan assets shall be protected and
retained to the extent required under Code Section 411 and applicable regulations. 

  

	 	(h)	A Participant or Beneficiary may elect an acceleration of an installment form of distribution of Former Adminisource Plan amounts except to the extent distribution was
taken in the form of an annuity which does not permit such acceleration. 

  

	 	(i)	Distributions of assets related to the Former Adminisource Plan may only be made in the form of cash and/or M&I stock. 

 

	 	(j)	Former employees of Adminisource who became employees of M&I (and/or its Affiliates) on January 3, 2006 as a direct consequence of the acquisition of
Adminisource shall be credited with their service with Adminisource prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. However, such employees shall not become Participants until February 1,
2006 (or such later date as such employee would have become a Participant in the Plan, taking into account the service credit provided in the preceding sentence) and for the purpose of satisfying the 1,000 Hours of Service requirement for
allocations set forth in Sections 3.03 and 6.05 of the Plan, only service with M&I or its Affiliates will be taken into account, but the Hours of Service requirement shall be prorated for 2006 based on the employee’s hire date with M&I.
Compensation paid by Adminisource and/or M&I and/or its Affiliates prior to February 1, 2006, shall not be recognized for any purposes of the Plan other than determination of Highly Compensated Employee and Key Employee status.

  
 113

 ARTICLE XL 
 FORMER GOLD BANC ACCOUNTS 
 40.01 In General. This Article sets forth the
rules applicable to a Participant’s Former Gold Banc Plan Account and subaccounts described in Section 1.01(bb). 

Except as set forth in Section 40.02 below, a Participant’s Former Gold Banc Plan Account shall be subject to the same rules as
applicable to a Participant’s Accounts generally under the rules of this Plan. A Participant’s Former Gold Banc Plan Account consists of one or more of the following subaccounts: Former Gold Banc Deferral Contributions Account (holding
401(k) contributions), Former Gold Banc Matching Contributions Account (holding matching contributions), Former Gold Banc Nonelective Contributions Account (holding nonelective contributions), Former Gold Banc Voluntary Contributions Account
(holding participant voluntary after-tax contributions), Former Gold Banc Rollover Contributions Account (holding rollover contributions), and/or such other subaccounts as the Plan Administrator deems reasonable or necessary for the proper
administration of the Plan. 
 40.02 Special Rules. 

Notwithstanding Section 40.01 above, the following special rules shall apply to a former Gold Banc Plan Participant’s Account:

  

	 	(a)	A Participant’s Former Gold Banc Plan Account shall become vested (to the extent not already vested) in accordance with the terms of the Former Gold Banc Plan as
in effect on the closing date of the Former Gold Banc/M&I corporate transaction (including the vesting schedule, vesting methodology and hours of service, using actual hours of service). The Former Gold Banc Plan determined vesting based on
1,000 hours of service in a plan year and provided 10% vesting after one year of service, 20% after two years of service, 40% after three years of service, 60% after four years of service, 80% after five years of service and 100% after six years of
service. Notwithstanding the foregoing, a Former Gold Banc Plan Participant who has separated from service from either Gold Banc or M&I as a result of the Gold Banc/M&I corporate transaction and remains employed for Gold Banc or Gold Banc
and M&I through his/her release date (as hereinafter defined) shall become 100% fully vested in his/her Gold Banc Plan Matching Employer Contributions Account regardless of such Participant’s years of service (the “2006 Special Vesting
Provision”). The term “release date” for this purpose means the date through which a Former Gold Banc Plan Participant was required to remain continuously employed in order to be entitled to certain severance and other benefits from
Gold Banc, including, but not limited to, accelerated vesting under the Gold Banc Component of this M&I Plan. The 2006 Special Vesting Provision shall not apply if a Former Gold Banc Plan Participant: (i) voluntarily separates from service
before his/her release date; (ii) is involuntarily terminated before his/her release date due to unsatisfactory job performance, or (iii) is a Highly Compensated Employee, as defined in Internal Revenue Code Section

  
 114

 414(q), if such an acceleration of vesting would result in the M&I Plan discriminating
in favor of Highly Compensated Employees. 
  

	 	(b)	A Former Gold Banc Plan Participant’s Accounts shall become fully vested (if not already vested) at age 65, if the Participant is still in the employ of M&I
and/or its Affiliated Employers. 

  

	 	(c)	Vested amounts related to the Former Gold Banc Plan Participant’s Accounts for matching and nonelective contributions may be withdrawn in whole or in part while
employed by M&I or an Affiliated Employer at any time following attainment of age 65. Rollover contributions (and earnings thereon) related to the Former Gold Banc Plan Participant may be withdrawn while employed by M&I or an Affiliated
Employer at any time and in any amount. 

  

	 	(d)	For purposes of vesting upon a disability with respect to amounts related to the Former Gold Banc Plan, the definition of Disability under the Former Gold Banc Plan
shall apply. 

  

	 	(e)	Forfeitures of amounts attributable to participation in the Former Gold Banc Plan will occur as of the earlier of (1) the last day of the Plan Year in which the
Participant incurs 5 consecutive 1-Year Breaks in Service (as defined in the Former Gold Banc Plan) or (2) the date upon which a distribution of the entire vested portion of the Former Gold Banc Plan Participant’s account is made to such
Participant. 

  

	 	(f)	Notwithstanding anything herein to the contrary, any protected benefits or optional forms of benefits related to a Former Gold Banc Plan Participant’s Accounts
shall be protected and retained to the extent required under Internal Revenue Code Section 411(d)(6) and applicable regulations thereunder. 

  

	 	(g)	Distributions of assets related to a Former Gold Banc Plan Participant’s Accounts may only be made at the election of the Former Gold Banc Plan Participant in the
form of cash and/or M&I stock (to the extent that such Account is invested in M&I stock). 

  

	 	(h)	Former Gold Banc Plan Participants with more than one year of service for Gold Banc on April 1, 2006 shall immediately become Participants in the M&I Plan for
all M&I Plan purposes on April 1, 2006. Former Gold Banc Plan Participants with less than one year of service for Gold Banc on April 1, 2006 shall become Participants in the M&I Plan on April 1, 2006 for all M&I Plan
purposes, except for profit sharing contributions. Such Former Gold Banc Plan Participants shall become Participants in the M&I Plan for profit sharing purposes upon the completion of one year of Eligibility Service in accordance with
Section 2.01 of the M&I Plan, counting service for both Gold Banc and M&I as Eligibility Service. Former Gold Banc Plan Participants shall be credited with their years of service under the Gold Banc Plan prior to April 1, 2006 for
all M&I Plan purposes. For the 2006 Plan Year, the Compensation of the Former Gold Banc 

  
 115

 Plan Participants shall only be recognized by the M&I Plan from the day after
April 1, 2006 to December 31, 2006, for M&I Plan deferrals, employer matching contribution allocation purposes and, if applicable, profit sharing contribution (guaranteed and discretionary) allocation purposes. A former Gold Banc
employee on April 1, 2006 who was not a participant in the Gold Banc Plan shall have his/her Gold Banc service recognized by the M&I Plan for the purpose of determining his/her eligibility to participate, vesting and allocations in the
M&I Plan, including, but not limited to, his/her eligibility to participate in the profit sharing portion of the M&I Plan after completing one (1) year of Eligibility Service, counting service for both Gold Banc and M&I as
Eligibility Service. Notwithstanding the above, for the purpose of satisfying the 1,000 Hours of Service requirement for allocation set forth in Section 3.03 of the Plan, only service with M&I or its Affiliates will be taken into account,
but the Hours of Service requirement shall be prorated for 2006 based on the employee’s hire date with M&I. In addition, former Gold Banc employees do not need to meet the one year of service requirement in order to be eligible to receive
the Employer Incentive Contribution for 2006 and 2007. 

  
 116

 ARTICLE XLI 
 GOLD BANC ESOP TRANSFER ACCOUNTS 
 41.01 In General. This Article sets
forth the rules applicable to a Participant’s Gold Banc ESOP Transfer Account. 
 Except as set forth in Section 41.02
below, a Participant’s Gold Banc ESOP Transfer Account shall be subject to the same rules as applicable to a Participant’s Accounts generally under the rules of this Plan. 

41.02 Special Rules. 
 Notwithstanding Section 41.01 above, the following special rules shall apply to a Participant’s Gold Banc ESOP Transfer Account: 

 

	 	(a)	 Amounts related to a Participant’s Gold Banc ESOP Transfer Account may be withdrawn in whole or in part while employed by M&I or an Affiliated
Employer at any time following attainment of age
59 1/2. In addition, consistent with the
requirements of Code Section 411(d)(6) and regulations and guidance thereunder, the M&I Plan will protect any other benefit or optional form of distribution available to the Participant under the Former Gold Banc ESOP to the extent of the
Participant’s Gold Banc ESOP Transfer Account (including earnings or losses thereupon). A Participant shall not be required to obtain spousal consent to a distribution of his Gold Banc ESOP Transfer Account except to the extent such individual
would have been required to obtain such consent under the Former Gold Banc Plan. 

  

	 	(b)	Any amounts held in the form of M&I Stock shall be held in the ESOP portion of a Participant’s Account as provided generally under the M&I Plan. Other
amounts shall be held in the non-ESOP portion of a Participant’s Account. Such amounts shall be transferred between and among the various portions of the M&I Plan on the same basis as other amounts held in the M&I Plan.

  

	 	(c)	If an individual whose account is transferred from the Former Gold Banc Plan would not otherwise be a Participant in the M&I Plan, he shall be treated as a
Participant for the limited purpose of his transferred account. 

  
 117

 ARTICLE XLII 
 VECTOR TRANSFER ACCOUNTS 
 42.01 In General. This Article sets forth the
rules applicable to a Participant’s Vector Transfer Account. 
 Except as set forth in Section 42.02 below, a
Participant’s Vector Transfer Account shall be subject to the same rules as applicable to a Participant’s Accounts generally under the rules of this Plan. 
 42.02 Special Rules. 
 Notwithstanding Section 42.01 above, the
following special rules shall apply to a Participant’s Vector Transfer Account: 
  

	 	(a)	 Amounts related to a Participant’s Vector Transfer Account may be withdrawn in whole or in part while employed by M&I or an Affiliated
Employer at any time following attainment of age
59 1/2. In addition, consistent with the
requirements of Code Section 411(d)(6) and regulations and guidance thereunder, the M&I Plan will protect any other benefit or optional form of distribution available to the Participant under the Former Vector Plan to the extent of the
Participant’s Vector Transfer Account (including earnings or losses thereupon). A Participant shall not be required to obtain spousal consent to a distribution of his Vector Transfer Account except to the extent such individual would have been
required to obtain such consent under the Former Vector Plan. 

  

	 	(b)	Amounts transferred to the Plan shall initially be held in the non-ESOP portion of a Participant’s Account. Subsequently, such amounts shall be transferred between
and among the various portions of the M&I Plan on the same basis as other amounts held in the M&I Plan. 

  

	 	(c)	If an individual whose account is transferred from the Former Vector Plan would not otherwise be a Participant in the M&I Plan, he shall be treated as a Participant
for the limited purpose of his transferred account. 

  

	 	(d)	Former employees of VECTORsgi (“Vector”) (which was acquired by Marshall & Ilsley Corporation effective November 22, 2004) who commence
employment with M&I on or about November 22, 2004 immediately following their termination of employment with Vector shall be credited with their service with Vector prior to the date of acquisition for purposes of eligibility, allocations
and vesting under the Plan. 

  

	 	(e)	Former employees of Vector who commence employment with M&I as described in Section 42.02(d) of the Plan shall be permitted to rollover loans held under the
Former Vector Plan, so long as such individual rolls over the entire loan balance into the Plan. Such loans shall continue to be held outstanding in accordance with 

  
 118

 their terms. The portion of a Participant’s Account which serves as
security for a loan is not capable of being withdrawn under the hardship withdrawal provisions of Article X or under the age
59 1/2 withdrawal rules of Section 9.01. In the
event a Participant has terminated employment and elects to receive a distribution of his Account balance following such termination of employment, any unpaid loan amounts shall be offset against the amount of the distribution to which the
Participant would otherwise be entitled. 

  
 119

 ARTICLE XLIII 
 FORMER VICOR ACCOUNTS 
 43.01 In General. This Article sets forth the rules
applicable to a Participant’s Former VICOR Plan Account and subaccounts described in Section 1.01(ee). 
 Except as
set forth in Section 43.02 below, a Participant’s Former VICOR Plan Account shall be subject to the same rules as applicable to a Participant’s Accounts generally under the rules of this Plan, e.g., a Participant’s Former VICOR
Plan Deferral Contributions Account shall be subject to the same rules as applicable to Salary Redirection Accounts under this Plan, a Participant’s Former VICOR Matching Contributions Account shall be subject to the same rules as the Incentive
Contributions Account under this Plan, a Participant’s Former VICOR Nonelective Contributions Account shall be subject to the same rules as the Employer Profit Sharing Contributions Account under this Plan, a Participant’s Former VICOR
Voluntary Contributions Account shall be subject to the same rules as the Voluntary Contributions Account under this Plan, and a Participant’s Former VICOR Rollover Contributions Account shall be subject to the same rules as applicable to
Rollover Accounts under this Plan. 
 43.02 Special Rules. 

Notwithstanding Section 43.01 above, the following special rules shall apply to a Participant’s Former VICOR Plan Account:

  

	 	(a)	Any Participant’s Former VICOR Plan Account shall have his vesting in amounts attributable to participation in the Former VICOR Plan determined in accordance with
the terms of that plan as previously in effect (including the vesting schedule and methodology). 

  

	 	(b)	All Former VICOR Plan Accounts become fully vested (if not already vested) at age 65 if the Participant is still in the employ of M&I. 

 

	 	(c)	 Vested amounts related to the Former VICOR Plan Accounts may be withdrawn in whole or in part in-service at any time following attainment of age 59 1/2. After-tax contributions (and earnings thereon) and
rollover contributions (and earnings thereon) related to the Former VICOR Plan may be withdrawn in-service at any time and in any amount. 

  

	 	(d)	For purposes of vesting upon a disability with respect to amounts related to the Former VICOR Plan, the definition of Disability under the Former VICOR Plan shall
apply. 

  

	 	(e)	Forfeitures of amounts attributable to participation in the Former VICOR Plan will occur as of the earlier of (1) the last day of the Plan Year in which the
Participant incurs 5 consecutive 1-Year Breaks in Service (as defined in the 

  
 120

 Former VICOR Plan) or (2) distribution of the entire vested portion of the
Participant’s Account. 
  

	 	(f)	The matching/profit sharing portion of the Account shall be available for withdrawal after the Participant has been credited with at least 60 months of participation
or, to the extent earlier with respect to specific contributions (and the earnings thereon), after such specific contributions or allocations have been maintained in the Participant’s Account for 24 months. 

 

	 	(g)	Eligibility and vesting under the Plan for former employees of VICOR is subject to the previous amendments to the Plan. 

 

	 	(h)	Notwithstanding anything herein to the contrary, any protected benefits or optional forms of benefit related to Former VICOR Plan assets shall be protected and retained
to the extent required under Code Section 411 and applicable regulations. 

  

	 	(i)	A Participant or Beneficiary may elect an acceleration of an installment form of distribution of Former VICOR Plan amounts. 

 

	 	(j)	Distributions of assets related to the Former VICOR Plan may only be made in the form of cash. 

 

	 	(k)	Former employees of VICOR who became employees of M&I (and/or its Affiliates) on or about September 2, 2006, as a direct consequence of the acquisition of
VICOR shall be credited with their service with VICOR prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. However, such employees shall not become Participants until January 1, 2007 (or such
later date as such employee would have become a Participant in the Plan, taking into account the service credit provided in the preceding sentence). Except as set forth in the following sentence, compensation paid by VICOR and/or M&I and/or its
Affiliates prior to January 1, 2007, shall not be recognized for any purposes of the Plan other than determination of Highly Compensated Employee and Key Employee status. Notwithstanding the foregoing, compensation paid by VICOR and/or M&I
and/or its Affiliates shall be counted to the extent paid on or after January 1, 2007 for purposes of profit sharing contributions (guaranteed and discretionary) in the M&I Plan. 

  
 121

 ARTICLE XLIV 
 FORMER EXCEL BANC ESOP ACCOUNTS 
 44.01 In General. This Article sets forth
the rules applicable to a Participant’s Former Excel Bank ESOP Account and subaccounts described in Section 1.01(ff). 

Except as set forth in Section 44.02 below, a Participant’s Former Excel Bank ESOP Account shall be subject to the same rules
as applicable to a Participant’s Accounts generally under the rules of this Plan, e.g., a Participant’s Former Excel Bank ESOP Employer Contributions Account shall be subject to the same rules as the Employer Profit Sharing Contributions
Account under this Plan and a Participant’s Former Excel Bank ESOP Rollover Contributions Account shall be subject to the same rules as applicable to Rollover Accounts under this Plan. 

44.02 Special Rules. 

Notwithstanding Section 44.01 above, the following special rules shall apply to a Participant’s Former Excel Bank ESOP Account: 

 

	 	(a)	Any Participant’s Former Excel Bank ESOP Account shall have his vesting in amounts attributable to participation in the Excel Bank ESOP determined in accordance
with the terms of that plan as previously in effect (including the vesting schedule and methodology). 

  

	 	(b)	All Former Excel Bank ESOP Accounts become fully vested (if not already vested) at age 65 if the Participant is still in the employ of M&I.

  

	 	(c)	For purposes of vesting upon a disability with respect to amounts related to the Former Excel Bank ESOP, the definition of Disability under the Former Excel Bank ESOP
shall apply. 

  

	 	(d)	Forfeitures arising due to the termination after June 30, 2007, of any former Excel Bank employees, which are attributable to participation in the Former Excel
Bank ESOP will be used to reduce contributions to the Plan rather than shared solely among former participants in the Excel Bank ESOP. 

  

	 	(e)	Eligibility and vesting under the Plan for former employees of Excel Bank is subject to the previous amendments to the Plan. The better of the regular and the top-heavy
vesting schedules in the Excel Bank ESOP shall apply to the Former Excel Bank ESOP Account if and when the Plan becomes top-heavy. 

  

	 	(f)	Notwithstanding anything herein to the contrary, any protected benefits or optional forms of benefit related to Former Excel Bank ESOP assets shall be

  
 122

 protected and retained to the extent required under Code Section 411
and applicable regulations. 
  

	 	(g)	To the extent a terminated participant has begun receiving distribution of his Former Excel Bank ESOP Account, and is reemployed by the Employer or any Affiliate
thereof, the distribution of such Former Excel Bank ESOP Account shall continue upon reemployment. 

  

	 	(h)	Former employees of Excel Bank who become employees of M&I (and/or its Affiliates) on July 1, 2007, as a direct consequence of the acquisition of Excel Bank
shall be credited with their service with Excel Bank prior to July 1, 2007 for purposes of eligibility, allocations and vesting under the Plan. However, such employees shall not become Participants until July 1, 2007 (or such later date as
such employee would have become a Participant in the Plan, taking into account the service credit provided in the preceding sentence). Except as set forth in the following sentence, compensation paid by Excel Bank and/or M&I and/or its
Affiliates prior to July 1, 2007, shall not be recognized for any purposes of the Plan other than determination of Highly Compensated Employee and Key Employee status. 

  
 123

 ARTICLE XLV 
 LOANS ROLLED INTO PLAN 
 45.01 In General. Loans are not available under
this Plan, but it is recognized that loan balances may be outstanding in plans of employers which are acquired by M&I. This Article sets forth the rules applicable to Participant loan balances which may be rolled or transferred into this Plan.

 45.02 Special Rules Provided in Plan Articles. Provisions applicable to certain acquired entities are contained in
separate Articles in the Plan, each with respect to a particular acquired entity. Rules regarding loan balances from former plans are found in each Article. 
 45.03 Special Rules Where No Separate Article Exists. In the case of certain acquired entities for which no separate Article is present, the following special rules exist for loan balances from
former plans: 
  

	 	(a)	Loan balances from former plans which are either transferred or rolled over into the Plan shall continue to be held outstanding in accordance with their terms.

  

	 	(b)	 The portion of a Participant’s Account which serves as security for a loan is not capable of being withdrawn under the hardship withdrawal
provisions of Article X or under the age 59 1/2
withdrawal rules of Section 9.01. 

  

	 	(c)	In the event a Participant terminates employment and elects to receive a distribution of his Account balance following such termination of employment, any unpaid loan
amounts shall be offset against the amount of the distribution to which the Participant would otherwise be entitled. 

 45.04 Loan Balances Subject to This Article. Outstanding loan balances subject to the special rules in this Article are as follows: 

 

	 	(a)	Former employees of UMB Bank, n.a. (“UMB”) who commence employment with M&I immediately following their termination of employment with UMB shall be
permitted to rollover retirement plan loans held under the UMB defined contribution retirement plan to the Plan so long as such individual rolls over his entire balance in the UMB plan to the Plan. 

 

	 	(b)	Former employees of Printing for Systems, Inc. (Printing for Systems”) who commence employment with M&I on November 15, 2003 immediately following their
termination of employment with Printing for Systems shall be permitted to rollover retirement plan loans held under the Printing for Systems defined contribution retirement plan to the Plan so long as such individual rolls over his entire balance in
the Printing for Systems plan to the Plan. 

  
 124

	 	(c)	Former employees of AmerUs Home Lending (“AmerUs”) who commence employment with M&I on January 1, 2004 immediately following their termination of
employment with AmerUs shall be permitted to rollover retirement plan loans held under the AmerUs defined contribution retirement plan to the Plan so long as such individual rolls over his entire balance in the AmerUs plan to the Plan.

  

	 	(d)	Former employees of Kirchman Corporation (“Kirchman”) who commence employment with M&I on May 28, 2004 immediately following their termination of
employment with Kirchman shall be permitted to rollover retirement plan loans held under the Kirchman defined contribution retirement plan to the Plan so long as such individual rolls over his entire balance in the Kirchman plan to the Plan.

  

	 	(e)	Former employees of NuEdge Systems (“NuEdge”) who commence employment with M&I on October 20, 2004 immediately following their termination of
employment with NuEdge shall be permitted to rollover retirement plan loans held under the NuEdge defined contribution retirement plan to the Plan so long as such individual rolls over his entire balance in the NuEdge plan to the Plan.

  

	 	(f)	Former employees of TREEV who commence employment with M&I on or about August 12, 2005 immediately following their termination of employment with TREEV shall
be permitted to rollover retirement plan loans held under the TREEV defined contribution retirement plan to the Plan so long as such individual rolls over his entire balance in the TREEV plan to the Plan. 

  
 125

 ARTICLE XLVI 
 MINIMUM DISTRIBUTION REQUIREMENTS 
 This Article sets forth revised rules
regarding minimum distributions utilizing Model Plan Amendment 1 from Revenue Procedure 2002-29 (with minor changes as permitted by that Revenue Procedure) as set forth below. If another provision of the Plan calls for an earlier distribution or a
larger payment on any given date, such provision shall supersede this Article XLVI. 
 46.01 General Rules. 

 

	 	(a)	Effective Date. The provisions of this Article will apply for purposes of determining required minimum distributions for calendar years beginning with the 2002
calendar year. 

  

	 	(b)	Coordination with Minimum Distribution Requirements Previously in Effect. Not applicable. 

 

	 	(c)	Precedence. The requirements of this Article will take precedence over any inconsistent provisions of the Plan. 

 

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

  

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

46.02 Time and Manner of Distribution. 
  

	 	(a)	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. 

  

	 	(b)	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, except as provided in Section 46.06,
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.

  
 126

	 	(ii)	If the Participant’s surviving spouse is not the Participant’s sole designated Beneficiary, then, except as provided in Section 46.06, distributions to
the designated Beneficiary will begin by December 31 of the calendar year immediately following the calendar year in which the Participant died. 

  

	 	(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 begin, this Section 46.02, other than Section 46.02(b)(i), will apply as if the surviving spouse were the Participant. 

For purposes of this Section 46.02 and Section 46.04, unless Section 46.02(b)(iv) applies, distributions are considered to
begin on the Participant’s required beginning date. If Section 46.02(b)(iv) applies, distributions are considered to begin on the date distributions are required to begin to the surviving spouse under Section 46.02(b)(i). If
distributions under an annuity purchased from an insurance company irrevocably commence to the Participant before the Participant’s required beginning date (or to the Participant’s surviving spouse before the date distributions are
required to begin to the surviving spouse under Section 46.02(b)(i)), the date distributions are considered to begin is the date distributions actually commence. 
  

	 	(c)	Forms of Distribution. Unless the Participant’s interest is distributed in the form of an annuity purchased from an insurance company or in a single sum on
or before the required beginning date, as of the first distribution calendar year distributions will be made in accordance with Sections 46.03 and 46.04 of this Article. If the Participant’s interest is distributed in the form of an annuity
purchased from an insurance company, distributions thereunder will be made in accordance with the requirements of section 401(a)(9) of the Code and the Treasury regulations. 

46.03 Required Minimum Distributions During Participant’s Lifetime. 

 

	 	(a)	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 section 1.401(a)(9)-9 of
the Treasury regulations, using the Participant’s age as of the Participant’s birthday in the distribution calendar year; or 

  
 127

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

  

	 	(b)	Lifetime Required Minimum Distributions Continue Through Year of Participant’s Death. Required minimum distributions will be determined under this
Section 46.03(b) beginning with the first distribution calendar year and up to and including the distribution calendar year that includes the Participant’s date of death. 

46.04 Required Minimum Distributions After Participant’s Death. 

 

	 	(a)	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: 

  

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

  

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

  

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

  
 128

	 	(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. 

 

	 	(b)	Death Before Date Distributions Begin. 

  

	 	(i)	Participant Survived by Designated Beneficiary. Except as provided in Section 46.06, if the Participant dies before the date distributions begin and there
is a designated Beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s Account balance by the remaining
life expectancy of the Participant’s designated Beneficiary, determined as provided in Section 46.04(a). 

  

	 	(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 Section 46.02(b)(i), this Section 46.04(b)
will apply as if the surviving spouse were the Participant. 

 46.05 Definitions. 

 

	 	(a)	Designated Beneficiary. The individual who is designated as the Beneficiary under Section 1.05 of the Plan and is the designated Beneficiary under
Section 401(a)(9) of the Internal Revenue Code and section 1.401(a)(9)-1, Q&A-4, of the Treasury regulations. 

  

	 	(b)	Distribution Calendar Year. A calendar year for which a minimum distribution is required. For distributions beginning before the Participant’s death, the
first distribution calendar year is the calendar year immediately preceding the calendar year which contains the Participant’s required beginning date. For distributions beginning after the Participant’s death, the first distribution
calendar year is the calendar year in which distributions are required to begin under Section 46.02(b). The required minimum distribution for the Participant’s first distribution calendar 

  
 129

 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. 
  

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

 

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

  

	 	(e)	Required Beginning Date. The date specified in the Plan when distributions under code section 401(a)(9) are required to begin. 

46.06 Additional Provisions. 
 Participants or Beneficiaries may elect on an individual basis whether the 5-year rule or the life expectancy rule in the Plan applies to distributions after the death of a Participant who has a
designated Beneficiary. 

  
 130

  
 

 
 Marshall & Ilsley Corporation 

770 North Water Street 
 Milwaukee, WI 53202-3509 
 414 765-7700 

micorp.com 
 SECRETARY’S CERTIFICATE 
 I, Gina M. McBride, do hereby certify
that I am the duly appointed Secretary of the Board of Directors of Marshall & Ilsley Corporation (“Corporation”), a Wisconsin corporation, and as such Secretary, I have custody of the books, records and files of said Board of
Directors and related committees. 
 I further certify that the following is a true and correct copy of a resolution adopted at
a meeting of the Board of Directors of the Corporation held on April 26, 2011, at which meeting a quorum was present, and that said resolution is in full force and has not been amended, modified or revoked. 

“WHEREAS, Marshall & Ilsley Corporation (the “Corporation”) entered into an Agreement and Plan of Merger dated as
of December 17, 2010 (as it may be amended or supplemented from time to time, the “Merger Agreement”), by and between Bank of Montreal, a Schedule I Bank under the Bank Act (Canada) and the Corporation. 

WHEREAS, in accordance with the Merger Agreement, the Corporation desires to amend the M&I Retirement Program (the “Plan”)
to provide a 2011 profit-sharing contribution and a 2011 incentive contribution to the extent contemplated and permitted by the Merger Agreement; 
 WHEREAS, in accordance with the Merger Agreement, the Corporation is required to terminate the Plan and any other 401 (k) plans sponsored by the Corporation and its affiliates prior to the
consummation of the transactions contemplated by the Merger Agreement; 
 NOW, THEREFORE, BE IT: 

M&I Retirement Program 
 RESOLVED, that, subject to the consummation of the transactions contemplated by the Merger Agreement, the M&I Retirement Program is amended as follows effective as of the consummation of the
transactions contemplated by the Merger Agreement (except where a different effective date is specifically set forth): 
  

	 	1.	A new Section 1.31 is added to the Retirement Program to read as follows effective as of January 1, 2011: 

 

	 	1.31	“Relevant Date” means the date immediately prior to the consummation of the transactions contemplated by the Agreement and Plan of Merger dated as of
December 17,2010 (as it may be amended or supplemented from time to time, the “Merger Agreement”), by and between Bank of Montreal, a Schedule I Bank under the Bank Act (Canada) and Marshall & Ilsley Corporation.

	 	2.	Section 1.14 is amended to add the following paragraph effective as of January 1, 2011: 

Notwithstanding anything in the Plan to the contrary, for the Plan Year beginning on January 1, 2011, a Participant’s Gross
Annual Pay will be limited to the amount of the Gross Annual Pay that the Participant has been paid during the period from January 1,2011 through the Relevant Date. 

 

	 	3.	Section 1.22 is amended to read as follows: 

 1.22 “Qualifying Employer Security” or “Employer Stock” means common stock of Marshall & Ilsley Corporation or, following the Relevant Date, common stock of Bank
of Montreal. 
  

	 	4.	Section 3.01 is amended to add the following paragraph effective as of January 1, 2011: 

For the Plan Year beginning on January 1, 2011, each Employer agrees to pay to the Trustee of the Trust an amount which, when
combined with any allocable forfeitures, shall be equal to 6% of the Gross Annual Pay of the Participants who are its Employees and who are entitled to an allocation under Section 3.03 of the Plan. 

 

	 	5.	Section 3.03 is amended to add the following paragraph effective as of January 1, 2011: 

For the Plan Year beginning on January 1,20 11, Employer contributions for any Plan Year shall be allocated as of the Relevant Date
among those Participants who have completed a pro-rated 1,000 Hours of Service for such period and who remain in the Employer’s employ on such date by crediting each such Participant’s Profit-Sharing Employer Contribution Account in the
ratio that each such Participant’s Gross Annual Pay for the period ending on the Relevant Date bears to the total Gross Annual Pay for all such Participants for that period. Each Employer’s contributions shall be allocated only among
Participants who are its Employees. Notwithstanding the foregoing, any Employee who terminates prior to the Relevant Date (i) because of death or (ii) after attainment of Retirement Date shall be eligible to share in such allocation,
without regard to whether he has completed a pro-rated 1,000 Hours of Service during such period or remains in the Employer’s employ on the Relevant Date. For purposes of this Section 3.03 and Section 6.01, a pro-rated 1,000 Hours of
Service shall be equal to 1,000 times a fraction, with the numerator being the number of days in the period commencing on January 1, 2011 and ending with the Relevant Date and the denominator being 365. 

 

	 	6.	Section 6.01 is amended to add the following paragraph effective as of January 1, 2011: 

For the period beginning on January 1,2011 and ending on the Relevant Date, the Employer shall make an Employer Incentive
Contribution for each Participant for whom the Employer has made a Salary Redirection Contribution equal to 50% of the portion of the Participant’s Salary Redirection Contribution which does not exceed 6% of Gross Annual Pay. Participants who
fail to complete a pro-rated 1000 Hours of Service during the period or who do not remain in the Employer’s employ on the 

 Relevant Date shall not share in the allocation of an Employer’s Incentive Contribution
and the amount of Employer Incentive Contributions due the Plan pursuant to this Section 6.01 shall be reduced accordingly; provided, however, that the foregoing rule shall not apply to individuals who die or whose termination of employment
occurs after Retirement Date. 
  

	 	7.	The following sentence is added at the end of Section 13.02: 

 Any Participant shall be permitted to transfer any unpaid Plan loan(s) to another tax-qualified retirement plan accepting such transfer in a direct rollover. 

Termination of Retirement Plans 
 FURTHER RESOLVED that, subject to the consummation of the transactions contemplated by the Merger Agreement, all of the 401(k) plans sponsored by the Corporation and its affiliates, including the M&I
Retirement Program, the Missouri State Bank & Trust Company Retirement Savings Plan and the North Star Financial Corporation 401(k) Plan (collectively the “Retirement Plans”) shall be terminated as of the date immediately prior to
the consummation of such transactions; 
 FURTHER RESOLVED that, pending the distribution of account balances from the Retirement
Plans, plan participants shall be permitted to originate and repay plan loans; 
 FURTHER RESOLVED that, any Retirement Plan
participants entitled to receive a distribution shall be permitted to transfer any unpaid plan loan(s) to another tax-qualified retirement plan accepting such transfer in a direct rollover; 

FURTHER RESOLVED, that the appropriate officers of the Corporation are hereby authorized and directed to take such actions, which they
judge to be necessary or appropriate to effectuate the foregoing, including, but not limited to, amending the Retirement Plans before or after the date of termination, the execution of any documents necessary to terminate the Retirement Plans,
seeking and obtaining the approval of the termination of the Retirement Plans and Trust by the Internal Revenue Service and any agency of the U.S. Government whose approval may be required by law, and the distribution of account balances to the plan
participants; 
 General 
 FURTHER RESOLVED, that each of the officers and directors of the Corporation (or its successors) is, in accordance with the foregoing resolutions, authorized and directed, in the name and on behalf of the
Corporation, to prepare, execute and deliver any and all certificates, agreements, amendments, instruments, reports, schedules, statements, consents, documents and information with respect to the actions contemplated by the foregoing resolutions, to
make any filings pursuant to domestic and foreign laws and to take all other actions that he deems necessary, appropriate or advisable in order to comply with the applicable laws and regulations of any jurisdiction (domestic or foreign), or
otherwise to effectuate and carry out the purposes of the foregoing resolutions and to permit the actions contemplated thereby to be lawfully consummated and to take or cause to be taken any and all such further actions and to incur all such fees
and expenses, as in his or her judgment shall be necessary, appropriate or advisable to carry out and effectuate the purpose and intent of any and all of the resolutions contemplated herein; 

 FURTHER RESOLVED, that all actions previously taken by any officer, director, representative
or agent of the Corporation, in the name and on behalf of the Corporation or any of its affiliates in connection with the actions contemplated by the foregoing resolutions be, and each of the same hereby is, adopted, ratified, confirmed and approved
in all respects as the act and deed of the Corporation; and 
 FURTHER RESOLVED, that the appropriate officers of the Corporation
are hereby authorized and directed to take all steps that they or legal counsel judge to be necessary or advisable to carry out the intent and purposes of these resolutions.” 

IN WITNESS WHEREOF, the undersigned has hereunto set her hand and affixed the corporate seal of
Marshall & Ilsley Corporation this 24th day of
May 2011. 

	
	
	/s/ Gina M. McBride
	 Gina M. McBride

Secretary

 Action Regarding the 

M&I Retirement Program 
 The undersigned, an authorized officer of the Corporate Benefits Department, Marshall & Ilsley Corporation (“M&I”) hereby takes the following action with respect to the M&I
Retirement Program (the “Plan”): 
 WHEREAS, Section 28.06(d) of the Plan provides, in relevant part, that:

 at least once per Plan Year (and at such times as they in their sole discretion determine), senior management (or its
designee) may, in their sole discretion, declare that the portion of the Plan held in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be thereafter treated as part of the ESOP Account portion of the Plan.
Such amounts shall be treated as transferred to the ESOP Account portion of the Plan; and 
 WHEREAS, the
undersigned, as an authorized officer of the Corporate Benefits Department of M&I, desires to declare that the portion of the Plan held in the M&I Fund (which holds stock of M&I) related to the preceding Plan Year (and all other
preceding periods) shall be hereafter treated as part of the ESOP Account portion of the Plan; 
 NOW, THEREFORE,
RESOLVED, that, effective as of the date hereof, the undersigned officer hereby declares that the portion of the Plan held in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be hereafter treated as part of
the ESOP Account portion of the Plan. 
 Dated this 5th day of July, 2011. 

			
		
	By:	 	 /s/ Dennis R. Salentine

		 	 Dennis Salentine
 Vice
President
 Director of Corporate Benefits

 Action Regarding the 

M&I Retirement Program 
 The undersigned, an authorized officer of the Corporate Benefits Department, Marshall & Ilsley Corporation (“M&I”) hereby takes the following action with respect to the M&I
Retirement Program (the “Plan”): 
 WHEREAS, Section 28.06(d) of the Plan provides, in relevant part, that:

 at least once per Plan Year (and at such times as they in their sole discretion determine), senior management (or its
designee) may, in their sole discretion, declare that the portion of the Plan held in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be thereafter treated as part of the ESOP Account portion of the Plan.
Such amounts shall be treated as transferred to the ESOP Account portion of the Plan; and 
 WHEREAS, the
undersigned, as an authorized officer of the Corporate Benefits Department of M&I, desires to declare that the portion of the Plan held in the M&I Fund (which holds stock of M&I) related to the preceding Plan Year (and all other
preceding periods) shall be hereafter treated as part of the ESOP Account portion of the Plan; 
 NOW, THEREFORE,
RESOLVED, that, effective as of the date hereof, the undersigned officer hereby declares that the portion of the Plan held in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be hereafter treated as part of
the ESOP Account portion of the Plan. 
 Dated this 3rd day of March, 2011. 

			
		
	By:	 	 /s/ Dennis R. Salentine

		 	 Vice President
 Director of
Corporate Benefits

  
 

 
 770 North Water Street 

Milwaukee, WI 53202-3509 
 414 765-7700 
 micorp.com 

SECRETARY’S CERTIFICATE 
 I, Gina M. McBride, do hereby certify that I am the duly appointed Assistant Secretary of the Board of Directors of BMO Financial Corp., a Delaware corporation, and as such Assistant Secretary, I have
custody of the books, records and files of said Board of Directors. 
 I further certify to the following thereby making
Marshall & Ilsley Corporation’s documentation a part of BMO Financial Corp.: 
  

	 	(a)	Effective on July 5, 2011, Marshall & Ilsley Corporation, a Wisconsin corporation (“M&I”), merged with and into Mike Merger Sub, LLC, a
Delaware limited liability company and wholly-owned subsidiary of BFC (“Merger Sub”), with Merger Sub as the surviving entity (the “Initial Merger”); 

 

	 	(b)	Effective on July 5, 2011, following the Initial Merger, Merger Sub merged with and into BFC with BFC as the surviving entity (the “Second Merger”);

  

	 	(c)	In connection with the Initial Merger, Articles of Merger were filed with the State of Wisconsin on July 5, 2011 and a Certificate of Merger was filed with the
State of Delaware on July 5, 2011; 

  

	 	(d)	In connection with the Second Merger, a Certificate of Merger was filed with the State of Delaware on July 5, 2011; and 

 

	 	(e)	Effective on July 5, 2011, the Certificate of Merger filed with the State of Delaware in connection with the Second Merger amended the Certificate of Incorporation
of BFC to change the name of BFC from “Harris Financial Corp.” to “BMO Financial Corp.” 

 I
further certify that the following is a true and correct copy of a resolution adopted at a meeting of the Board of Directors of Marshall & Ilsley Corporation held on February 17, 2011, at which meeting a quorum was present, and that
said resolution is in full force and has not been amended, modified or revoked. 
 “WHEREAS, Marshall & Ilsley
Corporation (the “Corporation”) and certain of its affiliated corporations maintain the M&I Retirement Program (the “Plan”) for the benefit of eligible employees and their beneficiaries; and 

WHEREAS, pursuant to the power reserved to it in Section 3.01 of the Plan, the Corporation desires to specify the amount of the
discretionary retirement program contribution (“Profit Sharing”) to be made to the Plan for calendar year 2010 by each Employer sponsoring the Plan; and 
 WHEREAS, the Corporation has entered into an Agreement and Plan of Merger dated as of December 17, 2010 (as it may be amended or supplemented from time to time, the 

 
 

 

 “Merger Agreement”) with Bank of Montreal, a Schedule I Bank under the Bank Act
(Canada); and 
 WHEREAS, the Corporation has determined that, subject to the consummation of the transactions contemplated by
the Merger Agreement, each participating Employer shall contribute a discretionary Profit-Sharing Contribution for calendar year 2010 to the participants who are its employees and who are entitled to an allocation under Section 3.03 of the Plan; and

 NOW, THEREFORE, BE IT RESOLVED, that the discretionary retirement program contribution to the Plan for the year 2010 shall be
made as follows: 
  

	 	1.	Except as otherwise provided below, subject to the consummation of the transactions contemplated by the Merger Agreement, a 4% discretionary retirement program
contribution based on each eligible Participant’s Gross Annual Pay shall be made to the Plan. 

  

	 	2.	The amount of contribution to be made by an Employer pursuant to paragraph (1) above shall be offset by forfeitures (if any) as provided by Plan
Section 8.05(d) so that in no event will an eligible Participant receive a discretionary retirement program allocation under the Plan in excess of the applicable percentage specified for such Participant in paragraph (1) above or, if less,
any limitation specified in the Plan. 

 FURTHER RESOLVED, that the appropriate officers of the Corporation are
hereby authorized and directed to take all steps that they or legal counsel judge to be necessary or advisable to carry out the intent and purposes of these resolutions, including the making of any such further changes as they deem necessary for
purposes of maintaining the Plan’s tax qualified status or for purposes of clarification or otherwise.” 
 IN WITNESS WHEREOF, the undersigned has hereunto set her hand and affixed the corporate seal of BMO Financial Corp. this 22nd day of August 2011. 

	
	
	/s/ Gina M. McBride
	 Gina M. McBride
 Assistant
Secretary

 Action Regarding the 

M&I Retirement Program 

The undersigned, an authorized officer of the Corporate Benefits Department, Marshall & Ilsley Corporation (“M&I”) hereby takes the
following action with respect to the M&I Retirement Program (the “Plan”): 
 WHEREAS, Section 28.06(d) of the
Plan provides, in relevant part, that: 
 at least once per Plan Year (and at such times as they in their sole discretion
determine), senior management (or its designee) may, in their sole discretion, declare that the portion of the Plan held in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be thereafter treated as part of
the ESOP Account portion of the Plan. Such amounts shall be treated as transferred to the ESOP Account portion of the Plan; and 

WHEREAS, the undersigned, as an authorized officer of the Corporate Benefits Department of M&I, desires to declare that the portion of
the Plan held in the M&I Fund (which holds stock of M&I) related to the preceding Plan Year (and all other preceding periods) shall be hereafter treated as part of the ESOP Account portion of the Plan; 

NOW, THEREFORE, RESOLVED, that, effective as of the date hereof, the undersigned officer hereby declares that the portion of the Plan held
in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be hereafter treated as part of the ESOP Account portion of the Plan. 
 Dated this 4th
day of January, 2011. 
  

			
		
	By:	 	 /s/ Dennis R. Salentine

		 	 Vice President
 Director of
Corporate Benefits

  
 

 
 Marshall & Ilsley Corporation 

770 North Water Street 
 Milwaukee, WI 53202-3509 
 414 765-7700 

micorp.com 
 SECRETARY’S CERTIFICATE 
 I, Gina M. McBride, do hereby certify
that I am the duly appointed Secretary of the Board of Directors of Marshall & Ilsley Corporation (“Corporation”), a Wisconsin corporation, and as such Secretary, I have custody of the books, records and files of said Board of
Directors and related committees. 
 I further certify that the following is a true and correct copy of a resolution adopted at
a the regular meeting of the Board of Directors of the Corporation held on December 16,2010, at which meeting a quorum was present, and that said resolution is in full force and has not been amended, modified or revoked. 

“WHEREAS, this Corporation sponsors the M&I Retirement Program (the “Plan”); and 

WHEREAS, this Corporation has determined to amend the employer contribution rules under the Plan in order to eliminate the guaranteed 2%
profit sharing contribution and the guaranteed company matching contribution; 
 NOW, THEREFORE, BE IT AND IT IS HEREBY RESOLVED,
that the M&I Retirement Program is amended as of the dates set forth below: 
  

	 	1.	Effective January 1,2011, Section 4.02(a) is amended to read as follows: 

 

	 	(a)	Prior to 2002 the contributions made pursuant to this Article IV and the provisions of the Plan regarding the administration of these contributions, the investment of
these contributions and distribution of these contributions have comprised a money purchase pension plan while the remainder of the M&I Retirement Program has consisted of a profit sharing plan. Effective January 1, 2002, the money purchase
pension portion of the M&I Retirement Program is converted into a profit sharing plan and is merged into the profit sharing portion of the M&I Retirement Program. Contributions for each Plan Year commencing on or after January 1, 2002
and ending prior to January 1, 2011 shall continue to be made in the amounts and under the circumstances described in Section 4.01, however, such contributions shall be deposited in the Participant’s Profit Sharing Employer
Contribution Account. Effective January 1,2011, the automatic contributions under this Article IV shall cease. 

  

	 	2.	Effective January 1,2011, the first sentence of Section 6.01 of the Plan shall be replaced with the following: 

For each Plan Year commencing on or after January 1,2011, the Board of Directors of Marshall & Ilsley Corporation may
establish an Employer Incentive Contribution formula that is based upon a Participant’s Salary Redirection Contributions. For each Participant for whom the Employer makes a Salary Redirection Contribution for a Plan Year, the Employer will make
an Employer Incentive Contribution for that year based upon the formula, if any, established by the Board. 

	 	3.	Effective January 1, 2011, the first sentence of Section 6.05 of the Plan shall be replaced with the following: 

The Employer Incentive Contributions shall be allocated and credited by the Trustee to each Participant’s Incentive Contributions
Account based upon the formula, if any, determined by the Board of Directors of Marshall & Ilsley Corporation under Section 6.01 above and the Participants’ Salary Redirection Contributions made since that last Anniversary
Date.” 
 IN WITNESS WHEREOF, the undersigned has hereunto set her hand and affixed the
corporate seal of Marshall & Ilsley Corporation this 21st day of January 2011. 

	
	
	/s/ Gina M. McBride
	 Gina M. McBride

Secretary

 AMENDMENT TO M&I RETIREMENT PROGRAM 

WHEREAS, Marshall & Ilsley Corporation sponsors the M&I Retirement Program (the “Plan”); and 

WHEREAS, Marshall & Ilsley Corporation desires to amend the Plan to comply with the Heroes Earnings Assistance and Relief Tax
Act of 2008; 
 NOW, THEREFORE, BE IT AND IT IS HEREBY RESOLVED, that the M&I Retirement Program is amended as of the dates
set forth below: 
 1. Effective January 1, 2008, Section 1.14 is amended to add the following paragraph at the end
thereof: 
 Notwithstanding anything in the Plan to the contrary, for purposes of determining the portion of a Participant’s
Gross Annual Pay deferrable into the Plan as a Salary Redirection Contribution, “Gross Annual Pay” shall exclude any military differential pay (within the meaning of Code §3401(h)(2)) paid to Participants on and after January I, 2008.

 2. Section 14.09, Reemployment Following Military Service, is amended and restated in its entirety to read as follows:

 14.09 Compliance with Military Leave Requirements. 

 

	 	(a)	Notwithstanding any provision of the Plan to the contrary, contributions, benefits and service credit with respect to qualified military service will be provided in
accordance with Section 414(u) of the Code; provided that any allocations of Employer Incentive Contributions and Profit-Sharing Contributions shall be made currently and shall not be dependent upon a Participant’s reemployment.

  

	 	(b)	Notwithstanding any other provision of the Plan to the contrary, for years beginning after December 31, 2008, (i) a differential wage payment, as defined in
Code Section 3401(h)(2), shall be treated as compensation for purposes of Code Section 415(c)(3) and Treasury Regulations Section 1.415(c)-2. 

 

	 	(c)	In the case of a death occurring on or after January 1, 2007, if a Participant dies while performing qualified military service as defined in Code Section 414(u),
the Participant’s Beneficiary is entitled to any additional benefits (other than benefit accruals related to the period of qualified military service) provided under the Plan as if the Participant had resumed employment and then terminated
employment on account of death. The Participant’s 

  
 1 

 qualified military service will be credited as service for vesting purposes, as though the
Participant had resumed employment under the Uniformed Services Employment and Reemployment Rights Act immediately prior to the Participant’s death. 
 IN WITNESS WHEREOF, the undersigned has executed the foregoing document on behalf of Marshall & Ilsey Corporation this 16th day of December, 2010. 

 

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	 /s/ Paul Renard

		 	Senior Vice President, Director of Human Resources

  
 2 

  
 

 
  

							
		 		 		  	 Marshall & Ilsley Corporation
 770 North Water Street
 Milwaukee, WI 53202-3509

414 765-8327

micorp.com

 Finding With Respect to Blackout Period Notice 

WHEREAS, Fidelity National Information Systems Inc. (FIS) has on July 1, 2010 issued a tender offer to repurchase it
shares; and 
 WHEREAS, the M&I Retirement Program (the “Plan”) holds a substantial amount of FIS
shares and participants have the right to direct Marshall & Ilsley Trust Company, the Plan Trustee, whether to tender the all or a portion of the FIS shares attributable to their accounts; and 

WHEREAS, there is not sufficient time between the July 1, 2010 offer to purchase date and the July 30, 2010
date by which a Blackout Period (as defined in ERISA Section 101(i)(7)) must begin in order to implement participant instructions regarding tender to provide notice to participants 30 days in advance of the commencement of the Blackout Period;

 NOW, THEREFORE, Marshall & Ilsley Trust Company, as a Plan fiduciary, hereby determines that the
inability to provide a 30 day advance notice of a Blackout Period is due to circumstances beyond the reasonable control of the Plan Administrator. 
 Dated: July 2, 2010 
  

			
	Marshall & Ilsley Trust Company
		
	By:	 	/s/ Paul Renard
	Title: Senior Vice President

 AMENDMENT TO M&I RETIREMENT PROGRAM 

WHEREAS, Marshall & Ilsley Corporation sponsors the M&I Retirement Program (the “Plan”); and 

WHEREAS, Marshall & Ilsley Corporation desires to amend the Plan (i) to permit participants to borrow money from their
individual accounts and (ii) to make related changes and its Board of Directors has provided the undersigned with authority to adopt such an amendment to the Plan; 
 NOW, THEREFORE, the M&I Retirement Program is hereby amended in the following respects effective as of July 1,2010: 
 1. The title of Article X is changed from “Withdrawals” to “Withdrawals and Loans.” 
 2. The fourth paragraph from the end of Section 10.02 is revised to read as follows: 
 “Before a distribution can be made from this Plan by reason of financial hardship, it will be necessary that the participant have obtained all distributions, other than hardship distributions, and
all nontaxable loans currently available under this Plan and any and all other tax qualified plans and nonqualified retirement or deferred compensation plans maintained by the Employer or any of its Affiliated Employers.” 

3. Existing Section 10.05 is deleted and replaced with the following Sections 10.05 and 10.06: 

“10.05 Loans. 
 (a) A Participant who has not terminated employment with the Employer may elect to receive a Plan loan. 
 (b) The minimum Plan loan shall be $1,000 and the maximum loan shall be equal to the lesser of (i) $50,000 (less the highest outstanding loan balance under this Plan in combination with all other
qualified retirement plans sponsored by the Employer and all Affiliated Employers during the preceding 12 months) or (ii) 50% of the Participant’s vested Account values. 

(c) Plan loans shall provide for definite repayment schedules, shall bear a reasonable rate of interest and shall be
repaid within five years, except in the instance of a loan used to acquire the principal residence of the borrowing Participant in which case the maximum term of the loan shall be 15 years. 

  
 1 

 (d) No distribution shall be made to any Participant (or his Beneficiary)
unless and until all loans to such Participant have been repaid in full; to the extent that any loan is unpaid at the time a Participant’s Account is to be distributed, such unpaid amount shall be deducted from the amount otherwise payable from
his Account. 
 (e) Each loan shall be considered an investment solely of the account of the Participant
receiving the loan. 
 (f) Each loan to a Participant shall be secured by such Participant’s Account to the
maximum extent permitted by law. Any outstanding loan or loans to a Participant shall, if not paid when due, be liquidated out of the Participant’s Account at the time distribution of such Account is otherwise being made pursuant to the
provisions of this Plan and not before then. 
 (g) Loans shall be made pro rata from each of the
Participant’s Accounts in the Plan. 
 (h) All loans shall be made in accordance with a written set of
policies and procedures established by the Plan Administrator from time to time. Such policies and procedures shall describe, inter alia, the following: 
 (1) the person or persons (the “Loan Administrator”) authorized by the Plan Administrator to administer the loan program, identified by name or position; 

(2) the loan application procedure; 

(3) the basis for approving or denying loans; 

(4) any limits on the types of loan permitted or number of loans permitted; 

(5) the applicable interest rate or rates; 

(6) the amount of any loan processing fee and any annual loan maintenance fee; 

(7) default conditions including whether termination of employment shall or shall not constitute an event of default;

 (8) leave of absence and military service suspension of repayment rules consistent with federal law and Code
Section 72(p); 

  
 2 

 (9) consequences of an event of default; and 

(11) whether a loan shall be repaid through payroll deduction and/or other methods, such as payment by check. 

Such procedures shall ensure that all loans are available on a reasonably equivalent basis and in a manner which does not discriminate in
favor of highly compensated employees. 
 10.06 Restriction on Loans and Withdrawals. 

Notwithstanding any other provision of this Plan to the contrary, a Participant shall not be permitted to make a loan or withdrawal from
any of his Accounts in this Plan without the consent of his spouse given in a writing signed by the spouse and witnessed by a Plan representative or notary public after the spouse has received an explanation in accordance with the procedures of
Section 9.01 of the fact that if such loan or withdrawal is not made the Participant’s spouse would have had with respect to the loaned or withdrawn amounts the qualified joint and survivor annuity rights described in Section 9.01
upon the Participant’s distribution following termination of employment and the death benefit rights described in Section 9.02” 
 IN WITNESS WHEREOF, the undersigned has executed the foregoing document on behalf of Marshall & Ilsey Corporation this 29 day of June, 2010. 

 

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
		 	Senior Vice President, Director of Human Resources

  
 3 

 ACTION OF 
 MARSHALL & ILSLEY CORPORATION 
 WITH RESPECT TO THE

 M&I RETIREMENT PROGRAM 
 WHEREAS, Marshall & Ilsley Corporation (“M&I”) maintains the M&I Retirement Program (“Plan”) for the exclusive benefit of participating employees and their
beneficiaries; and 
 WHEREAS, M&I and/or its affiliates are acquiring the assets of a book of business from U.S. Bancorp
(“US Bank”) effective May 3, 2010; and 
 WHEREAS, pursuant to the terms of the agreements for such acquisition,
M&I and/or its affiliates have agreed to credit service with US Bank for purposes of eligibility, allocations and vesting under the Plan; and 
 WHEREAS, the Board of Directors has delegated authority to make amendments and take actions of this kind to the undersigned; 
 NOW, THEREFORE, RESOLVED, that former employees of US Bank (who commence employment with M&I on May 3, 2010, immediately following their termination of employment with US Bank) shall be credited
with their US Bank service for purposes of eligibility, allocations and vesting under the Plan. However, employees described in this resolution shall not become participants until May 3,2010 (or such later date as such employee would have
become a participant in the Plan, taking into account the service credit provided in this resolution). Compensation paid by US Bank prior to May 3, 2010, shall not be recognized for any purposes of the Plan other than determination of highly
compensated employee and key employee status. 
 FURTHER RESOLVED, that appropriate officers be, and they hereby are, authorized
and directed to take such action and execute such documents as they deem advisable or necessary to implement the foregoing resolution. 
 Dated this
12th day of May, 2010. 

 

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
		 	 Paul Renard
 Senior Vice
President
 Human Resources

  
 

 
  

							
		 		 		  	 Marshall & Ilsley Corporation
 770 North Water Street
 Milwaukee, WI 53202-3509

414 765-8327
 micorp.com

 Eligibility for enrollment in the M&I Health Plan, M&I Dental Plan, M&I Vision Plan, M&I
Flexible Spending Accounts, M&I Life Insurance Plan, M&I Long Term Disability Income Plan, M&I Retirement Program, M&I Severance Pay Plan, and M&I Travel Accident Plan (which would otherwise occur effective as of the first day of
the month following 30 days of employment) is hereby approved effective May 3, 2010 for M&I employees hired in connection with the purchase of the assets of a book of business from U.S. Bancorp (“US Bank”), which is
effective May 3, 2010. 
 Former employees of US Bank (who commence employment with M&I on May 3,2010,
immediately following their termination of employment with US Bank) shall be credited with their US Bank service for purposes of eligibility under the M&I Benefits Program, however the US Bank credited service will not be recognized for
determining the employee’s eligibility and funding under the M&I Retiree Medical Program. 
 For purposes of the M&I
Retirement Program, such an employee shall be a Participant with respect to matching and profit sharing contributions at the time he or she would have satisfied the requirements to participate in the Program taking into account his or her service
with US Bank as if such service were with Marshall & Ilsley Corporation. However, for purposes of satisfying the 1,000 hours of service requirement for an allocation under the Program, only service with M&I affiliates will be taken into
account, but the hours requirement shall be prorated for 2010 based on the employee’s hire date with M&I. Only compensation paid and contributions made at M&I affiliates are eligible for the matching and profit sharing contributions.

  

							
				
	/s/ Dennis R. Salentine	 		 		 	5/3/10                        
	Dennis R. Salentine	 		 		 	Date
	Director Corporate Benefits	 		 		 	

 ACTION OF 
 MARSHALL & ILSLEY CORPORATION 
 WITH RESPECT TO THE

 M&I RETIREMENT PROGRAM 
 WHEREAS, Marshall & Ilsley Corporation (“M&I”) maintains the M&I Retirement Program (“Plan”) for the exclusive benefit of participating employees and their
beneficiaries; and 
 WHEREAS, M&I and/or its affiliates are acquiring the assets of a book of business from Citizens Bank
effective January 1, 2008; and 
 WHEREAS, pursuant to the terms of the agreements for such acquisition, M&I and/or its
affiliates have agreed to credit service with Citizens Bank for purposes of eligibility, allocations and vesting under the Plan; and 
 WHEREAS, the Board of Directors has delegated authority to make amendments and take actions of this kind to the undersigned; 
 NOW, THEREFORE, RESOLVED, that former employees of Citizens Bank (who commence employment with M&I on January 1, 2008, immediately following their termination of employment with Citizens Bank)
shall be credited with their Citizens Bank service for purposes of eligibility, allocations and vesting under the Plan. However, employees described in this resolution shall not become participants until January 1, 2008 (or such later date as
such employee would have become a participant in the Plan, taking into account the service credit provided in this resolution). Compensation paid by Citizens Bank prior to January 1, 2008, shall not be recognized for any purposes of the Plan
other than determination of highly compensated employee and key employee status. 
 FURTHER RESOLVED, that appropriate officers
be, and they hereby are, authorized and directed to take such action and execute such documents as they deem advisable or necessary to implement the foregoing resolution. 

Dated this 12th day of May, 2010. 
  

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
		 	 Paul Renard
 Senior Vice
President
 Human Resources

  
 

 
  

							
		 		 		  	 Marshall & Ilsley Corporation
 770 North Water Street
 Milwaukee, WI 53202-3509

414 765-8327
 micorp.com

 Eligibility for enrollment in the M&I Health Plan, M&I Dental Plan, M&I Vision Plan, M&I
Flexible Spending Accounts, M&I Life Insurance Plan, M&I Long Term Disability Income Plan, M&I Retirement Program, M&I Severance Pay Plan, and M&I Travel Accident Plan (which would otherwise occur effective as of the first day of
the month following date of hire) is hereby approved effective January I, 2008 for M&I employees hired in connection with the purchase of the assets of a book of business from Citizens Bank, which is effective January 1, 2008.

 Former employees of Citizens Bank (who commence employment with M&I on January 1, 2008, immediately following their
termination of employment with Citizens Bank) shall be credited with their Citizens Bank service for purposes of eligibility under the M&I Benefits Program, however the Citizens Bank credited service will not be recognized for determining
employee’s eligibility and funding under the M&I Retiree Medical Program. 
 For purposes of the M&I Retirement
Program, such an employee shall be a Participant with respect to matching and profit sharing contributions at the time he or she would have satisfied the requirements to participate in the Program taking into account his or her service with Citizens
Bank as if such service were with Marshall & Ilsley Corporation. However, for purposes of satisfying the 1,000 hours of service requirement for an allocation under the Program, only service with M&I affiliates will be taken into
account, but the hours requirement shall be prorated for 2008 based on the employee’s hire date with M&I. Only compensation paid and contributions made at M&I are eligible for the matching and profit sharing contributions. 

 

							
				
	/s/ Dennis R. Salentine	 		 		 	5/3/10                
	Dennis R. Salentine	 		 		 	Date
	Director Corporate Benefits	 		 		 	

 Action Regarding the 

M&I Retirement Program 
 The undersigned, an authorized officer of the Corporate Benefits Department, Marshall & Ilsley Corporation (“M&I”) hereby takes the following action with respect to the M&I
Retirement Program (the “Plan”): 
 WHEREAS, Section 28.06(d) of the Plan provides, in relevant part, that:

 at least once per Plan Year (and at such times as they in their sole discretion determine), senior management (or its
designee) may, in their sole discretion, declare that the portion of the Plan held in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be thereafter treated as part of the ESOP Account portion of the Plan.
Such amounts shall be treated as transferred to the ESOP Account portion of the Plan; and 
 WHEREAS, the
undersigned, as an authorized officer of the Corporate Benefits Department of M&I, desires to declare that the portion of the Plan held in the M&I Fund (which holds stock of M&I) related to the preceding Plan Year (and all other
preceding periods) shall be hereafter treated as part of the ESOP Account portion of the Plan; 
 NOW, THEREFORE,
RESOLVED, that, effective as of the date hereof, the undersigned officer hereby declares that the portion of the Plan held in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be hereafter treated as part of
the ESOP Account portion of the Plan. 
 Dated this
1st day of March, 2010. 

 

			
		
	By:	 	/s/ Dennis R. Salentine
		 	 Vice President
 Director of
Corporate Benefits

 AMENDMENT TO M&I RETIREMENT PROGRAM 

WHEREAS, Marshall & Ilsley Corporation sponsors the M&I Retirement Program (the “Plan”); and 

WHEREAS, Marshall & Ilsley Corporation desires to specify a limited portion of an individual’s regular compensation payable
in employer stock which shall be taken into account under the Plan; 
 NOW, THEREFORE, the M&I Retirement Program is hereby
amended by creating a new Section 1.04(c) to read as follows effective as of January 1, 2010: 

“(c) ‘Annual Pay’ under paragraph (a) above does not include compensation payable under any long term
incentive program in the form of stock or other equity awards because of the exclusion for fringe benefits, deferred compensation, etc. However, portions of regular compensation are now being paid in Employer Stock and such regular Employer Stock
compensation shall be treated as ‘Annual Pay’ to the following extent: 
 (i) All such regular Employer
Stock compensation payments for the month of January of 2010 shall be excluded from the definition of ‘Annual Pay’. 
 (ii) The portion of such regular Employer Stock compensation payments made for February 2010 and thereafter to be included as part of ‘Annual Pay’ shall be the portion of the Employer Stock
compensation which equals the product of the individuals targeted annual incentive percentage that was in effect for 2009 under the corporation’s Short-term Incentive Plan, times the current cash base salary. Any Employer Stock compensation
paid in excess of this amount shall be excluded from the definition of’ Annual Pay’.” 
 IN WITNESS WHEREOF, the
undersigned has executed the foregoing document on behalf of Marshall & Ilsey Corporation this 20 day of February, 2010. 
  

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
		 	Senior Vice President, Director of Human Resources

  
 1 

  
 

 
  

							
		 		 		  	 Marshall & Ilsley Corporation
 770 North Water Street
 Milwaukee, WI 53202-3509

414 765-7700
 micorp.com

 SECRETARY’S CERTIFICATE 

I, Gina M. McBride, do hereby certify that I am the duly appointed Secretary of the Board of Directors of
Marshall & Ilsley Corporation (“Corporation”), a Wisconsin corporation, and as such Secretary, I have custody of the books, records and files of said Board of Directors and related committees. 

I further certify that the following is a true and correct copy of a resolution adopted at a the regular meeting of the
Board of Directors of the Corporation held on February IS, 2010, at which meeting a quorum was present, and that said resolution is in full force and has not been amended, modified or revoked. 

“WHEREAS, Marshall & Ilsley Corporation (the “Corporation”) and certain of its affiliated corporations maintain
the M&I Retirement Program (the “Plan”) for the benefit of eligible employees and their beneficiaries; and 

WHEREAS, pursuant to the power reserved to it in Section 3.01 of the Plan, the Corporation desires to specify the amount of the
discretionary retirement program contribution (“Profit Sharing”) to be made to the Plan for calendar year 2009 by each Employer sponsoring the Plan. 
 NOW, THEREFORE, BE IT RESOLVED, that the discretionary retirement program contribution to the Plan for the year 2009 shall be made as follows: 

 

	 	1.	Except as otherwise provided below, a 2% discretionary retirement program contribution based on each eligible Participant’s Gross Annual Pay shall be made to the
Plan. 

  

	 	2.	The amount of contribution to be made by an Employer pursuant to paragraph (1) above shall be offset by forfeitures (if any) as provided by Plan Section 8.05(d) so
that in no event will an eligible Participant receive a discretionary retirement program allocation under the Plan in excess of the applicable percentage specified for such Participant in paragraph (1) above or, if less, any limitation
specified in the Plan. 

 FURTHER RESOLVED, that the appropriate officers of the Company be, and each of them
hereby is, authorized to take or cause to be taken any and all such actions and to execute or cause to be executed any and all agreements, documents, instruments and certificates, including any amendments thereto, in such form as such officer, in
his discretion or upon the advice of counsel, may deem to be necessary or appropriate to carry out the provisions or essential intent of the foregoing resolutions, and any such actions shall constitute conclusive evidence of the authority of the
official hereunder.” 
 IN WITNESS WHEREOF, the undersigned has hereunto set her
hand and affixed the corporate seal of Marshall & Ilsley Corporation this 22nd day of April 2010. 
  

	
	
	/s/ Gina M. McBride
	 Gina M. McBride

Secretary

 AMENDMENT TO M&I RETIREMENT PROGRAM 

WHEREAS, Marshall & Ilsley Corporation sponsors the M&l Retirement Program (the “Plan”); and 

WHEREAS, certain amendments to the Plan are necessary or desirable in light of changes in law and the Board of Directors of
Marshall & Ilsley Corporation has provided the undersigned with authority to adopt such amendments to the Plan; 
 NOW,
THEREFORE, the M&I Retirement Program is hereby amended in the following respects: 
 1. The phrase “(after 2006, one
hundred and eighty days”) is added to follow the phrase “ninety days” in the first sentence of the sixth paragraph of Section 9.01 effective as of January 1, 2007. 

2. Section 9.01(c) is amended to read as follows effective as of January 1, 2008: 

“(c) Entirely in the form of a single-premium nontransferable annuity contract, the single premium for which shall
equal the Participant’s Account values, which will provide an immediate annuity in the form of monthly payments to the Participant during his lifetime, or during his lifetime with payments guaranteed for a period certain, or monthly payments to
the Participant for his lifetime and continuing thereafter for the life of a joint annuitant (including for purposes of clarification after 2007 an annuity identical to the Qualified Joint and Survivor Annuity except with a 75% survivor annuity to
the spouse), as elected by the Participant.” 
 3. Section 9.03 is revised to read as follows effective as of
January 1,2007: 
 “9.03 Termination of Employment Before Retirement. In the event a Participant
terminates employment with the Affiliated Employers other than by reason of his retirement after Normal Retirement Date or death, distribution of the Participant’s Vested Account values shall be accomplished from or after his Normal Retirement
Date but in all events no later than sixty days after the close of the Plan Year in which his Normal Retirement occurs except that an individual may elect in writing to defer commencement of his distribution to a date which is no later than April I
of the calendar year following the calendar year in which he attains age 70Y2. Earlier distribution in any of the settlement modes authorized by Section 9.01 may be made on the date the Participant elects in writing (or as soon as
administratively practicable thereafter). No such election by the Participant shall be valid unless he has received the explanation described in the sixth 

  
 1 

 and seventh paragraphs of Section 9.01 and has had the same time period to consider
such election as described in the seventh paragraph of Section 9.01. Such explanation shall inform the Participant of his right to defer receipt of distribution and, after 2006, shall advise the Participant of the consequences of failing to
defer. The Plan Administrator shall, without regard to whether or not such Participant has so elected, make, as soon as administratively practicable following his termination of employment, an early distribution to him of his entire vested Account
balance if his Account balance does not exceed $5,000 (or such other sum as may be permitted from time to time by applicable governmental regulations). For purposes of this Section 9.03, the amount distributed shall be based on the value of the
Participant’s Account determined as of the Valuation Date preceding the date of distribution. For purposes of determining whether the $5,000 threshold is met, the amount distributed shall be based on the value of the Participant’s Account
determined as of the Valuation Date preceding the date of distribution.” 
 4. Section 16.05 is revised to read as
follows effective as of January 1, 2007: 
 “16.05 Statement to Participants. The Plan
Administrator shall cause to be furnished to each Participant, no less frequently than 45 days after the end of each calendar quarter, a statement showing the value of each of his Accounts. Such statement shall indicate, on the basis of the latest
available information, the value of the Participant’s Accounts, the Participant’s vested percentage in such Accounts and, if, the Participant is not fully vested, the date upon which the Participant will become fully vested. Such quarterly
statements shall include: (1) an explanation of any limitations or restrictions on the right to direct investments, (2) an explanation of the importance of a well balanced and diversified portfolio, including a statement of the risk that a
portfolio may not be adequately diversified if more than 20% of the portfolio consists of the security of one entity, (3) a notice directing the Participant to the internet website of the Department of Labor for sources of information on
investing and diversification and (4) such other information as may be required by the Department of Labor. Such quarterly statement shall also describe the value of each investment to which assets in the Participant’s Account have been
allocated as of the most recent Valuation Date prior to issuance of the statement. “ 
 5. The second paragraph of
Section 18J) 2(a) is deleted and replaced with the following effective as of January 1, 2007: 

  
 2 

 “For purposes of the direct rollover provisions in this Article XVIII,
a portion of a distribution shall not fail to be an eligible rollover distribution merely because the portion consists of after-tax employee contributions which are not includible in gross income. However, such portion may be paid only to an
individual retirement account or annuity described in Section 408( a) or (b) of the Code or to a qualified plan (before 2007 a qualified defined contribution plan) described in Section 401(a) or, after 2006, an annuity contract
described in Section 403(b) of the Code that agrees to separately account for amounts so transferred, including separately accounting for the portion of such distribution which is so includible in gross income and the portion of such
distribution which is not so includible.” 
 6. Section 18.02(b) is deleted and replaced with the following effective
as of January 1, 2008: 
 “(b) Eligible retirement plan. An eligible retirement plan is an
individual retirement account described in Section 408(a) of the Code, after 2007 a Roth IRA described in Section 408A of the Code (to the extent the member satisfies the income and other requirements specified therein), an individual
retirement annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in Section 401(a) of the Code, that accepts the distributee’s eligible rollover
distribution. For purposes of the direct rollover provisions in this Article XVIII, an eligible retirement plan shall also mean an annuity contract described in Section 403(b) of the Code and an eligible plan under Section 4S7(b) of
the Code which is maintained by a state, political subdivision of a state, or an 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.” 
 7. Section I8.02(c) is deleted and replaced with the following effective as of January 1, 2007: 

“(c) Distributee: A distributee includes 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 Section 414(p) of the Code, are distributes
with regard to the interest of the spouse or former spouse. After 2006 eligible rollover distributions may be made to the individual retirement account or annuity of an employee’s Plan beneficiary who is not a spouse so long as the 

  
 3 

 transferee account or annuity is treated as an inherited account or annuity.”

 8. Sections 28.05 and 28.06 are revised to read as follows effective as of January 1, 2007: 

“28.05 ESOP Account Investment. 

(a) As required by Internal Revenue Code Section 4975(e)(7), the assets of the ESOP portion of the Plan (i.e., all
ESOP Accounts) are intended to be invested primarily in Employer Stock by means of investment in the M&I Fund described in Section 16.02. 
 (b) Notwithstanding paragraph (a) above, all Participants shall have the ability to direct the investment of their ESOP Account in any of the investment funds available under the Plan pursuant to
Section 16.02 in accordance with rules and procedures established by the Investment Committee pursuant to Section 16.02. 
 (c) The election by a Participant to diversify his ESOP Account shall result in amounts being transferred to the non-ESOP Account portion of the Plan. Such diversified amounts shall thereafter be treated
in the same manner as other Employer contributions for purposes of the maximum portion of such amounts that may be invested in the M&I Fund. 
 28.06 Diversification of lnvestments for Qualified Participants. Each Participant or former Employee having an ESOP Account who has attained age 55 may, to the extent not otherwise permitted under
the Plan, direct the investment of all or any portion of his ESOP Account. Because of the creation of Section 28.05(b), this Section 28.06 has become moot after 2006.” 

9. A new Section 46.07 is added effective January 1, 2009 to read as follows: 

“46.07 2009 RMD Election. Notwithstanding anything in Section 9.01 or the foregoing provisions of this
Article XLVI to the contrary, a Participant or beneficiary who would have been required to receive required minimum distributions for 2009 but for the enactment of Section 401 (a)(9)(H) of the Code (“2009 RMDs”), and who would have
satisfied that requirement by receiving distributions that are (1) equal to the 200<) RMDs or (2) one or more payments in a series of substantially equal distributions (that include the 2009 RMDs) made at least annually and expected to
last for the life (or life expectancy) of the Participant, the joint lives (or joint life expectancy) of the 

  
 4 

 Participant and the Participant’s designated beneficiary, or for a period of at least
10 years (“Extended 2009 RMDs”), will not receive those distributions for 2009 unless the Participant or beneficiary elects to receive such distributions. Participants and beneficiaries eligible to make the election described in the
preceding sentence will be given the opportunity to elect to receive the distributions described in the preceding sentence. In addition, notwithstanding anything in Section 18.02( a) to the contrary, and solely for purposes of applying the
direct rollover provisions of Sections 18.01 and 18.02,2009 RMDs and Extended 2009 RMDs will be treated as eligible rollover distributions.” 
 IN WITNESS WHEREOF, the undersigned has executed the foregoing document on behalf of Marshall & Ilsey Corporation this 21 day of December, 2009. 

 

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
		 	Senior Vice President, Director of Human Resources

  
 5 

  
 

 
  

							
		 		 		  	 Marshall & Ilsley Corporation
 770 North Water Street
 Milwaukee, WI 53202-3509

414 765-7700

micorp.com

 SECRETARY’S CERTIFICATE 

I, Gina M. McBride, do hereby certify that I am the duly appointed Secretary of the Board of Directors of
Marshall & Ilsley Corporation (“Corporation”), a Wisconsin corporation, and as such Secretary, I have custody of the books, records and files of said Board of Directors and related committees. 

I further certify that the following is a true and correct copy of a resolution adopted at a the regular meeting of the
Board of Directors of the Corporation held on October 15,2009, at which meeting a quorum was present, and that said resolution is in full force and has not been amended, modified or revoked. 

“WHEREAS, this Corporation sponsors the M&I Retirement Program (the “Plan”); and 

WHEREAS, Section 16.02(g) of the Plan provides for the continued maintenance of a fund invested in the common stock
of Metavante Technologies, Inc. (“Metavante”) which the Plan had acquired as a result of the corporate reorganization/separation transaction pursuant to which this Corporation and Metavante ceased to be affiliated; and 

WHEREAS, the common stock of Metavante held by the Plan has been exchanged for the common stock of Fidelity National
Information Systems, Inc. (“Fidelity”) as a result of a corporate transaction; and 
 WHEREAS, pursuant
to Section 16.02(g) of the Plan, Fidelity stock is to be held in a separate fund otherwise subject to the same rules which have applied to the Metavante stock fund; and 

WHEREAS, this Corporation has determined to eliminate any investment of Plan assets in Fidelity common stock at the end of
calendar year 2010; 
 WHEREAS, this Corporation would also like to clarify the M&I stock fund investment
option available to an employee directing disposition from the Metavante stock fund or the Fidelity stock fund; 

NOW, THEREFORE, BE IT AND IT IS HEREBY RESOLVED, that the M&I Retirement Program is amended in the following respects:

 1. Section 16.02(g)(ii)(l) is amended by adding the following sentence immediately after the second
sentence thereof: 
 “At the time a Participant directs such disposition he may direct that the proceeds of
such disposition be entirely invested in the M&I Fund notwithstanding the 30% limitation otherwise set forth in paragraph (d) above.” 

 2. Section 16.02(g) is amended by adding the following subparagraph (vi) at the
end thereof: 
  

	 	“(vi)	Pursuant to subparagraph (ii)(6) above, Fidelity National Information Systems, Inc. (“Fidelity”) stock acquired by the Plan in exchange for Metavante stock is
to be held in a separate fund subject to the same rules set forth in this Section 16.02(g) to which the Metavante stock has been subject. Notwithstanding the foregoing, this Plan shall not maintain a fund holding Fidelity stock after
December 31,2010 and the Plan Trustee is hereby directed and empowered to exercise its discretion to commence sales of Fidelity stock beginning such number of days or weeks in advance of December 31, 2010 as it determines to be advisable
with the intent that the Plan’s liquidation of its Fidelity stock holdings shall be made on an orderly basis and shall not adversely affect the price of such stock. The proceeds of the sale of the Fidelity stock shall be held in liquid assets
until the sale of all Fidelity stock has been completed and the Fidelity stock fund in its entirety is eliminated. The assets of a Participant’s Account held in the Fidelity stock fund at the time of its elimination shall be invested in the
other Investment Funds offered under the Plan in the same manner as new contributions made on behalf of the Participant under the Plan, unless prior to the date of elimination of the Fidelity stock fund the Participant has filed an investment
direction specifying a different allocation among the available Investment Funds in accordance with the procedures established by the Investment Committee.”” 

IN WITNESS WHEREOF, the undersigned has hereunto set her hand and affixed the corporate seal of
Marshall & Ilsley Corporation this 14th day of
December 2009. 
  

	
	
	/s/ Gina M. McBride
	 Gina M. McBride

Secretary

 MARSHALL & ILSLEY CORPORATION 
 ACTION WITH RESPECT TO RETIREMENT PLAN 
 WHEREAS, Marshall & Ilsley
Corporation (the “Company”) maintains the M&I Retirement Program (the “Plan”) for the exclusive benefit of its participating employees and their beneficiaries; and 

WHEREAS, the board of directors of the Company has authorized Paul Renard, in his role as Senior Vice President and Director of Human
Resources, to approve certain amendments to the Plan on its behalf, including amendments of the type described below; and 

WHEREAS, on behalf of the Company, the undersigned desires to amend the Plan to exclude the value of 2009 Recognition Award issued to
participants from the definition of “Gross Annual Pay”; 
 NOW, THEREFORE, RESOLVED, that, effective
November 1,2009, Section 1.14 of the Plan be, and it hereby is, amended by adding the following to the end thereof: 

“Notwithstanding anything in the Plan to the contrary, for purposes of determining the amount of any Employer Incentive Contributions
on any Salary Redirection Contributions and the amount of any allocations of Profit-Sharing Contributions, “Gross Annual Pay” shall exclude the value of the 2009 Recognition Award delivered to Participants on and after
November 1,2009. 
 FURTHER RESOLVED, that, effective November 1,2009, Section 1.14 of the Plan be, and it hereby
is, amended by adding the following to the end thereof: 
 “Notwithstanding anything in the Plan to the contrary, for
purposes of determining the portion of Participants’ Gross Annual Pay deferrable into the Plan as a Salary Redirection Contribution, “Gross Annual Pay” shall exclude the value of the 2009 Recognition Award delivered to
Participants on and after November 1, 2009. 
 FURTHER RESOLVED, that appropriate officers be, and they hereby are,
authorized and direct to take such actions and execute such documents as they deem advisable or necessary to implement the foregoing resolution. 
 IN WITNESS WHEREOF, the undersigned has executed the forgoing document on behalf of Marshall & Ilsley Corporation this 1st day of November, 2009. 

 

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
	Senior Vice President, Director of Human Resources

 AMENDMENT TO 
 M&I RETIREMENT PROGRAM 
 WHEREAS, Marshall & Ilsley
Corporation sponsors the M&I Retirement Program (the “Plan”); and 
 WHEREAS, Marshall & Ilsley
Corporation has determined to further amend the Plan for purposes of clarification in light of revised regulations under Code Section 415; 
 WHEREAS, the Board of Directors of Marshall & Ilsley Corporation has previously provided the undersigned with the authority to make such amendments necessary or desirable for purposes of
clarification or compliance with tax qualification requirements; 
 NOW, THEREFORE, the M&I Retirement Program is amended in
the following respects effective as of January 1, 2008: 
  

	 	1.	Section 7.03(b) is amended by inserting the following clause at the end thereof: 

“; provided, however, that any necessary corrections as described in Section 7.04 shall be made in this Plan first.”

  

	 	2.	Section 7.03(c) is amended by adding the following at the end thereof: 

 “For purposes of determining “Section 415 Compensation,” payments made by the later of 2 112 months after termination of employment or the end of the Limitation Year that includes the date
of termination of employment are included in Section 415 Compensation in the Limitation Year in which paid if: 
  

	 	(1)	absent the termination of employment, such payments would have been paid to the employee while the employee continued in employment with the employer and are regular
compensation for services during the employee’s regular working hours, compensation for services outside the employee’s regular working hours (such as overtime or shift differential), commissions, bonuses or other similar compensation; or

  

	 	(2)	such amounts are payments for unused accrued bona fide sick, vacation or other leave, but only if the employee would have been able to use the leave if employment had
continued and such amounts would have been treated as compensation for purposes of Code Section 415 if they were paid prior to the employee’s termination from employment.” 

IN WITNESS WHEREOF, the undersigned has executed this amendment on behalf of Marshall & Ilsley Corporation, this 14 day of
September, 2009. 
  

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
	Title:	 	SVP Director of Human Resources

 Action Regarding the 

M&I Retirement Program 
 The undersigned, an authorized officer of the Corporate Benefits Department, Marshall & Ilsley Corporation (“M&I”) hereby takes the following action with respect to the M&I
Retirement Program (the “Plan”): 
 WHEREAS, Section 28.06(d) of the Plan provides, in relevant part, that:

 at least once per Plan Year (and at such times as they in their sole discretion determine), senior management (or its
designee) may, in their sole discretion, declare that the portion of the Plan held in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be thereafter treated as part of the ESOP Account portion of the Plan.
Such amounts shall be treated as transferred to the ESOP Account portion of the Plan; and 
 WHEREAS, the
undersigned, as an authorized officer of the Corporate Benefits Department of M&I, desires to declare that the portion of the Plan held in the M&I Fund (which holds stock of M&I) related to the preceding Plan Year (and all other
preceding periods) shall be hereafter treated as part of the ESOP Account portion of the Plan; 
 NOW, THEREFORE,
RESOLVED, that, effective as of the date hereof, the undersigned officer hereby declares that the portion of the Plan held in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be hereafter treated as part of
the ESOP Account portion of the Plan. 
 Dated this 27th day of February, 2009. 

 

			
		
	By:	 	/s/ Dennis R. Salentine
		 	Vice President
		 	Director of Corporate Benefits

 RESOLUTIONS FOR THE 
 BOARD OF DIRECTORS OF 
 MARSHALL & ILSLEY CORPORATION 

WHEREAS, this corporation sponsors the M&I Retirement Program; and 

WHEREAS, this corporation also sponsors the First Indiana Corporation 40l(k) Plan and desires to merge that plan into the M&I
Retirement Program effective March 2, 2009; 
 NOW, THEREFORE, BE IT AND IT IS HEREBY RESOLVED that the First Indiana
Corporation 40l(k) Plan shall be merged with the M&I Retirement Program effective as of March 2, 2009. 
 FURTHER
RESOLVED, that the M&I Retirement Program is amended in the following respects effective as of March 2,2009: 
 1. The
following new paragraph (gg) is added to Section 1.01 of the Plan to read as follows: 
 (gg) “Former First Indiana
Plan Account” means the record of a Participant’s interest in the Plan attributable to his account in the former First Indiana Corporation 40l(k) Plan (the “Former First Indiana Plan”) which was merged into this Plan. A
Participant’s Former First Indiana Plan Account consists of one or more of the following subaccounts: Former First Indiana Pre-Tax Contribution Account (holding pre-tax 40l(k) contributions), Former First Indiana Roth Account (holding after-tax
Roth 40l(k) contributions), Former First Indiana Matching Account (holding matching contributions), Former First Indiana Qualified Nonelective Contributions Account (holding qualified nonelective contributions), Former First Indiana Qualified
Matching Contributions Account (holding qualified matching contributions), Former First Indiana Rollover Contributions Account (holding rollover contributions), Former First Indiana Roth Rollover Account (holding eligible Roth rollovers), Former
First Indiana Profit Sharing Account (holding profit sharing contributions) and/or such other sub accounts as the Plan Administrator deems reasonable or necessary for the proper administration of the Plan. 

2. A new Article XLVII is created to read as follows: 
 ARTICLE XLVII 
 FORMER FIRST INDIANA ACCOUNTS 

67.01 In General. This Article sets forth the rules applicable to a Participant’s Former First Indiana Plan Account and sub
accounts described in Section 1.01 (gg). 
 Except as set forth in Section 67.02 below, a Participant’s Former
First Indiana Plan Account shall be subject to the same rules as applicable to a Participant’s comparable Accounts generally under the rules of this Plan, e.g., a Participant’s Former First Indiana Pre-Tax Contribution Account shall be
subject to the same rules as applicable to Salary Redirection Accounts under this Plan, a Participant’s Former First Indiana Roth Contribution Account shall be subject to the same rules as the account holding Roth Contributions in this Plan, a

 
Participant’s Former First Indiana Matching Account shall be subject to the same rules as the Incentive Contributions Account under this Plan, a Participant’s Former First Indiana
Profit Sharing Account shall be subject to the same rules as the Employer Profit Sharing Contributions Account under this Plan, and a Participant’s Former First Indiana Rollover Contributions Account shall be subject to the same rules as
applicable to Rollover Accounts under this Plan. 
 67.02 Special Rules. 

Notwithstanding Section 67.01 above, the following special rules shall apply to a Participant’s Former First Indiana Plan
Account: 
 (a) Loans are not available under this Plan. However, loans which were outstanding under the Former First Indiana
Plan at the time of the merger of that plan into this Plan shall continue to be held outstanding in accordance with their terms. The portion of a Participant’s Account which serves as security for a loan is not capable of being withdrawn under
the hardship withdrawal provisions of Article X or under the age 591⁄2 withdrawal rules of Section 9.01. In the event a Participant has terminated employment and elects to receive a distribution of his Account balance following such
termination of employment, any unpaid loan amounts shall be offset against the amount of the distribution to which the Participant would otherwise be entitled. 
 (b) For purposes of vesting upon a disability with respect to Former First Indiana Accounts, the definition of Disability under the Former First Indiana Plan shall apply. 

(c) All vested Former First Indiana Plan Accounts may be withdrawn in-service in whole or in part at any time following attainment of age
591⁄2. 
 (c) Except with respect to Participants who terminated before December 31, 2007, a Participant’s Former
First Indiana Plan Account shall at all times be fully vested. Any Participant who terminated prior to December 31, 2007 shall have his vesting in amounts attributable to participation in the Former First Indiana Plan determined in accordance
with the terms of that plan as previously in effect (including the vesting schedule and break in service, forfeiture and repayment methodology). 
 (d) The Former First Indiana Accounts available for hardship distribution pursuant to Article X include all of the Former First Indiana Accounts. 

(e) A Participant’s Former First Indiana Rollover Contributions and Roth Rollover Accounts may be fully or partially withdrawn at
any time. 
 (f) Individuals who had been employees of First Indiana who became employees of M&I and/or its subsidiaries as
a result of M&I’ s acquisition of First Indiana became eligible to participate in the Plan effective as of January 1, 2008, and each such person’s employment with First Indiana and/or its predecessors shall be taken into account in
determining whether such individual has completed applicable service requirements under the Plan (i.e., the fact that such an individual was eligible for all portions of the Former First Indiana Plan does not mean such person participates in all
parts of the Plan unless such individual has already satisfied the requirements for the Plan, taking into account both service with First Indiana and/or its predecessors and M&I). 

 FURTHER RESOLVED, that the appropriate officers of this corporation be and they hereby are
authorized and directed to take any and all such further actions as they deem necessary or desirable in order to implement the foregoing resolutions. 
 Dated this
19th day of February, 2009 

 

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
	Senior Vice President
	Director, Human Resources

 MARSHALL & ILSLEY CORPORATION 

ACTION WITH RESPECT TO RETIREMENT PLAN 
 WHEREAS, Marshall & Ilsley Corporation (the “Corporation”) and certain of its affiliated corporations maintain the M&I Retirement Program (the “Plan”) for the benefit of
eligible employees and their beneficiaries; and 
 WHEREAS, pursuant to the power reserved to it in Section 3.01 of the
Plan, the Corporation desires to specify the amount of the discretionary retirement program contribution (“Profit Sharing”) to be made to the Plan for calendar year 2008 by each Employer sponsoring the Plan. 

NOW, THEREFORE, BE IT RESOLVED, that the discretionary retirement program contribution to the Plan for the year 2008 shall be made as
follows: 
  

	 	1.	Except as otherwise provided below, a 4% discretionary retirement program contribution (which, when compiled with the 2% guaranteed portion, will result in a 6% total
employer contribution) based on each eligible Participant’s Gross Annual Pay shall be made to the Plan. 

  

	 	2.	The amount of contribution to be made by an Employer pursuant to paragraph (1) above shall be offset by forfeitures (if any) as provided by Plan Section 8.05(
d) so that in no event will an eligible Participant receive a discretionary retirement program allocation under the Plan in excess of the applicable percentage specified for such Participant in paragraph (1) above or, if less, any limitation
specified in the Plan. 

 FURTHER RESOLVED, that the appropriate officers of the Company be, and each of them
hereby is, authorized to take or cause to be taken any and all such actions and to execute or cause to be executed any and all agreements, documents, instruments and certificates, including any amendments thereto, in such form as such officer, in
his discretion or upon the advice of counsel, may deem to be necessary or appropriate to carry out the provisions or essential intent of the foregoing resolutions, and any such actions shall constitute conclusive evidence of the authority of the
official hereunder. 

 M&I RETIREMENT PROGRAM 

AMENDMENT 

WHEREAS, Marshall & Ilsley Corporation and certain of its affiliates maintain the M&I Retirement Program (the
“Plan”); and 
 WHEREAS, Marshall & Ilsley Corporation has determined that its new subsidiary TCHMI LLC shall
participate as a sponsor of the Plan beginning January 1, 2009 and wishes to make certain amendments to the Plan in connection with the participation of TCHMI; 
 NOW, THEREFORE, Marshall & Ilsley Corporation, hereby amends the M&I Retirement Program in the following respects effective as of January 1, 2009: 

 

	 	1.	A new Article XLVII is added to the Plan to read as follows: 

 Article XLVII 
 PARTICIPATION BY TCHMI LLC 

47.01. In General. TCHMI LLC shall become a participating Employer effective January 1, 2009. 

47.02. Service. For purposes of determining Eligibility Service and Vesting Service for any individual who
transfers directly from the employment of Taplin, Canida & Habacht, Inc. to the employment of TCHMI LLC, employment with Taplin, Canida & Habacht, Inc. prior to the date of such transfer shall be treated the same as if it had been
employment with Marshall & Ilsley Corporation. However, no employee of TCHMI LLC shall be eligible to participate before January 1, 2009. 
 47.03. Not Part of ESOP. Notwithstanding any other provision of this Plan to the contrary, contributions on behalf of, and the Accounts of, Participants who are employees of TCHMI LLC shall not be
treated as part of the ESOP described in Article XXVIII hereof. A TCHMI LLC Participant shall have the same rights to direct the investment of his or her Accounts in M&I stock as any other Participant; provided, however, that M&I stock
acquired for the Account of a TCHMI LLC Participant shall not be treated as part of the ESOP. 
 47.04.
Transfers. 
 (a) Should a Participant who has been an employee of one of the other Employers which
sponsors the Plan transfer to employment with TCHMI LLC, new Accounts shall be established for such individual with respect to his participation in the TCHMI portion of the Plan which shall be treated the same as Accounts of other TCHMI
participants, i.e., not part of the ESOP. Such a transferee’s original Accounts shall continue to be part of the ESOP to the same extent as if he had not transferred. 

 (b) Should a Participant transfer from TCHMI LLC to one of the other
Employers which sponsors the Plan, new Accounts shall be established for such individual with respect to his participation in the ESOP portion of the Plan. His Accounts established prior to the transfer shall continue to be held separately
the same as though he had not transferred and such separate Accounts shall not be part of the ESOP. 
 IN
WITNESS WHEREOF, Marshall & Ilsley Corporation has caused this instrument of Amendment to be executed by the undersigned duly authorized officer this 23rd day of December, 2008. 

 

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
	Title:	 	SVP, DIRECTOR OF CORP. HR

 Adoption by TCHMI LLC 

TCHMI LLC hereby adopts the M&I Retirement Program as a participating sponsor thereof effective January 1, 2009. 

 

							
	Dated: December 30, 2008	 		 	TCHMI LLC
				
		 		 	By:	 	/s/ Alan Habacht
		 		 	Title:	 	Executive Vice President

  
 2 

 ACTION OF 
 MARSHALL & ILSLEY CORPORATION 
 WITH RESPECT TO THE

 M&I RETIREMENT PROGRAM 
 WHEREAS, Marshall & Ilsley Corporation (“M&I”) maintains the M&I Retirement Program (“Plan”) for the exclusive benefit of participating employees and their
beneficiaries; and 
 WHEREAS, M&I and/or its affiliates are acquiring a substantial portion of the item processing business
of Fidelity National Information Services (“Fidelity”) effective October 1, 2008; and 
 WHEREAS, pursuant to the
terms of the agreements for such acquisition, M&I and/or its affiliates have agreed to credit service with Fidelity for purposes of eligibility, allocations and vesting under the Plan; and 

WHEREAS, the Board of Directors has delegated authority to make amendments and take actions of this kind to the underSigned; 

NOW, THEREFORE, RESOLVED, that former employees of Fidelity (who commence employment with M&I on October 1, 2008, immediately
following their termination of employment with Fidelity) shall be credited with their Fidelity service for purposes of eligibility, allocations and vesting under the Plan. Employees described in this resolution shall not become participants until
October 1, 2008 (or such later date as such employee would have become a participant in the Plan, taking into account the service credit provided in this resolution). However, for purposes of satisfying the 1000 hours of service requirement for
an allocation under the Plan, only service with M&I will be taken into account, but the hours requirement shall be prorated for 2008 based on the employee’s hire date with M&I. Compensation paid by Fidelity prior to October 1,
2008, shall not be recognized for any purposes of the Plan other than determination of highly compensated employee and key employee status. 
 FURTHER RESOLVED, that appropriate officers be, and they hereby are, authorized and directed to take such action and execute such documents as they deem advisable or necessary to implement the foregoing
resolution. 
 Dated this 1st day of October, 2008. 

 

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
	 Senior Vice President
 Human Resources

 Action Regarding the 

M&I Retirement Program 
 The undersigned, an authorized officer of the Corporate Benefits Department, Marshall & Ilsley Corporation (“M&I”) hereby takes the following action with respect to the M&I
Retirement Program (the “Plan”): 
 WHEREAS, Section 28.06(d) of the Plan provides, in relevant part, that:

 at least once per Plan Year (and at such times as they in their sole discretion determine), senior management (or its
designee) may, in their sole discretion, declare that the portion of the Plan held in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be thereafter treated as part of the ESOP Account portion of the Plan.
Such amounts shall be treated as transferred to the ESOP Account portion of the Plan; and 
 WHEREAS, the
undersigned, as an authorized officer of the Corporate Benefits Department of M&I, desires to declare that the portion of the Plan held in the M&I Fund (which holds stock of M&I) related to the preceding Plan Year (and all other
preceding periods) shall be hereafter treated as part of the ESOP Account portion of the Plan; 
 NOW, THEREFORE,
RESOLVED, that, effective as of the date hereof, the undersigned officer hereby declares that the portion of the Plan held in the M&I Fund related to the preceding Plan Year (and all other preceding periods) shall be hereafter treated as part of
the ESOP Account portion of the Plan. 
 Dated this
3rd day of March, 2008. 

 

			
		
	By:	 	/s/ Dennis R. Salentine
		 	Vice President
		 	Director Corporate Benefits

 MARSHALL & ILSLEY CORPORATION 
 ACTION WITH RESPECT TO RETIREMENT PLAN 
 WHEREAS, Marshall &
Ilsley Corporation (the “Company”) maintains the M&I Retirement Program (the “Plan”) for the exclusive benefit of its participating employees and their beneficiaries; and 

WHEREAS, the board of directors of the Company has authorized Paul Renard, in his role as Senior Vice President and Director of Human
Resources, to approve certain amendments to the Plan on its behalf, including amendments of the type described below; and 

WHEREAS, on behalf of the Company, the undersigned desires to amend the Plan to exclude the value of the Dedication Incentive issued to
participants from the definition of “Gross Annual Pay”; 
 NOW, THEREFORE, RESOLVED, that, effective January 25,
2008, Section 1.14 of the Plan be, and it hereby is, amended by adding the following to the end thereof: 

“Notwithstanding anything in the Plan to the contrary, for purposes of determining the amount of any Employer Incentive Contributions
on any Salary Redirection Contributions and the amount of any allocations of Profit-Sharing Contributions, “Gross Annual Pay” shall exclude the value of the Dedication Incentive delivered to Participants on and after
January 25, 2007. 
 FURTHER RESOLVED, that, effective January 25,2008, Section 1.14 of the Plan be, and it
hereby is, amended by adding the following to the end thereof: 
 “Notwithstanding anything in the Plan to the contrary, for
purposes of determining the portion of a Participant’s Gross Annual Pay deferrable into the Plan as a Salary Redirection Contribution, “Gross Annual Pay” shall exclude the value of the Dedication Incentive delivered to
Participants on and after January 25, 2008. 
 FURTHER RESOLVED, that appropriate officers be, and they hereby are,
authorized and directed to take such actions and execute such documents as they deem advisable or necessary to implement the foregoing resolution. 
 IN WITNESS WHEREOF, the undersigned has executed the foregoing document on behalf of Marshall & Ilsley Corporation this 25th day of January, 2008. 

 

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
	Senior Vice President, Director of Human Resources

 MARSHALL & ILSLEY CORPORATION AND/OR ITS AFFILlATE(S) 

ACTION WITH RESPECT TO RETIREMENT PLANS 
 WHEREAS, in connection with Marshall & Ilsley Corporation’s (“M&I”) (and/or its affiliates’) acquisition of First Indiana Corporation(“FI”), M&I or one of
its affiliates (as determined by the terms of such acquisition, each of M&I and each of its affiliates hereinafter included in the term “M&I Affiliate”) will serve as sponsor of the FIRST INDIANA CORPORATION 401 (k) PLAN (the
“FI Plan”); and 
 WHEREAS, M&I desires to amend the FI Plan to provide that all employees of FI
who were actively employed with FI on the date of closing of the acquisition shall be fully vested in their account balances under the FI Plan; and 
 WHEREAS, M&I Affiliate desires to discontinue deferrals into the FI Plan effective upon closing of the acquisition; and 

NOW, THEREFORE, M&I hereby takes the following actions: 

 

	 	1.	M&I Affiliate accepts sponsorship of the FI Plan, effective as of the closing of the acquisition of FI. 

 

	 	2.	All persons in the employ of FI immediately preceding the closing of the acquisition shall become fully vested in their account balances in the FI Plan. Any other
Participant in the FI Plan shall become vested (to the extent not already vested) in the portion of his or her account balance attributable to participation in the FI Plan in accordance with the vesting schedule and methodology applicable to that
plan prior to the full vesting date described above. 

  

	 	3.	No participant in the FI Plan shall be permitted to request a loan from that plan after the closing of the acquisition. 

 

	 	4.	No employee of FI or M&I or the affiliates of either shall be eligible to make an elective deferral into the FI Plan effective after closing of the transaction.

 FURTHER RESOLVED, that appropriate officers be, and they hereby are, authorized and directed to
take such actions and execute such documents as they deem advisable or necessary to implement the foregoing resolution. 
 Dated this 2 day of January, 2008. 
  

			
	 ON BEHALF OF

MARSHALL & ILSLEY CORPORATION
 AND ITS
AFFILIATES

		
	By:	 	/s/ Paul Renard
	Senior Vice President, Human Resources

 ACTION OF 
 MARSHALL & ILSLEY CORPORATION 
 WITH RESPECT TO THE

 M&I RETIREMENT PROGRAM 
 WHEREAS, Marshall & Ilsley Corporation (“M&I”) maintains the M&I Retirement Program (“Plan”) for the exclusive benefit of participating employees and their
beneficiaries; and 
 WHEREAS, M&I and/or its affiliates acquired First Indiana Corporation (“FI”) effective on or
about January 1, 2008; and 
 WHEREAS, pursuant to the terms of the agreements for such acquisition, M&I and/or its
affiliates, and FI agree that certain service with FI prior to the date of acquisition will be counted for purposes of eligibility and vesting under the Plan; and 
 WHEREAS, the Board of Directors has delegated authority to make amendments and take actions of this kind to the undersigned; 
 NOW, THEREFORE, RESOLVED, that former employees of FI (who became employees of M&I (and/or its affiliates) on or about January 1, 2008, as a direct consequence of the acquisition of FI shall be
credited with their service with FI prior to the date of acquisition for purposes of eligibility and vesting under the Plan. However, employees described in this resolution shall not become participants until the closing of the acquisition (or such
later date as such employee would have become a participant in the Plan, taking into account the service credit provided in this resolution). Except as set forth in the following sentence, compensation paid by FI and/or M&I and/or its affiliates
prior to January 1, 2008, shall not be recognized for any purposes of the Plan other than determination of highly compensated employee and key employee status. 
 FURTHER RESOLVED, that appropriate officers be, and they hereby are, authorized and directed to take such action and execute such documents as they deem advisable or necessary to implement the foregoing
resolution. 
 Dated this 2 day of January, 2008. 

 

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
	Senior Vice President, Human Resources

  
 

 
  

			
		  	 Marshall & Ilsley Corporation
 770 North Water Street
 Milwaukee, WI 53202-3509

414 765-7700
 micorp.com

 SECRETARY’S CERTIFICATE 

I, Gina M. McBride, do hereby certify that I am the duly appointed Secretary of the Board of Directors of Marshall & Ilsley
Corporation (“Corporation”), a Wisconsin corporation, and as such Secretary, I have custody of the books, records and files of said Board of Directors. 
 I further certify that the following is a true and correct copy of a resolution adopted at a regular meeting of the Board of Directors of the Corporation held on December 20,2007 at which meeting a
quorum was present, and that said resolutions are in full force and have not been amended, modified or revoked. 
 Resolution
#1 
 “WHEREAS, this Corporation sponsors the M&I Retirement Program (the “Plan”); and 

WHEREAS, the Plan document currently mandates that employer matching contributions shall be initially invested in the M&I Fund (a fund
comprised primarily of Marshall & Ilsley Corporation common stock); and 
 WHEREAS, the M&I Retirement Investment
Committee continues to be conscious of the concentration of M&I stock held within the plan and has recommended to this Board that it amend the Plan to eliminate the requirement that employer matching contributions be initially invested in the
M&I Fund; 
 NOW, THEREFORE, BE IT AND IT IS HEREBY RESOLVED, that the M&I Retirement Program is hereby amended effective
January 1,2008 to eliminate the requirement that employer matching contributions shall be initially invested in the M&I Fund and, instead, to provide that such contributions shall be invested in accordance with the same rules applicable to
other contributions made to the Plan, i.e., such contributions shall be invested as directed by Participants subject to limitations established by the M&I Retirement Investment Committee in its discretion. 

FURTHER RESOLVED, that the appropriate officers of this Corporation be, and they hereby are, authorized and directed to take any and all
such further actions as they deem necessary or desirable in order to implement the foregoing resolutions, including the making of any such further changes as they deem necessary for purposes of maintaining the Plan’s tax qualified status or for
purposes of clarification or otherwise.” 
 Resolution #2 

“WHEREAS, this Corporation sponsors the M&I Retirement Program (the “Plan”); and 

WHEREAS, this Corporation wishes to amend the Plan to provide that matching contributions shall no longer be based on the performance of
this corporation but shall be fixed at the rate of 50% for years after 2006 and to provide that profit sharing contributions made for years after 2006 shall vest on a 5 year pro rata schedule rather than on a 5 year cliff basis; 

 NOW, THEREFORE, BE IT AND IT IS HEREBY RESOLVED, that the M&I Retirement Program is
hereby amended as follows: 
  

	 	I.	Matching contributions for years beginning after 2006 for each eligible participant shall be equal to 50% of the portion of the participant’s pre-tax contributions
which does not exceed 6% of the participant’s annual pay. 

  

	 	2.	Profit sharing contributions made for plan years beginning after 2006 shall vest in accordance with the following schedule: 

 

					
	 Years of
 Vesting Service
	  	Portion of Participant’s
Account Vested in Participant	 
	 Less than 2
	  	 	0	% 
	 At least 2 but less than 3
	  	 	20	% 
	 At least 3 but less than 4
	  	 	40	% 
	 At least 4 but less than 5
	  	 	60	% 
	 5 or more
	  	 	100	% 

 FURTHER RESOLVED, that the appropriate officers of this Corporation be, and they hereby are, authorized
and directed to take any and all such further actions as they deem necessary or desirable in order to implement the foregoing resolutions, including the making of any such further changes as they deem necessary for purposes of maintaining the
Plan’s tax qualified status or for purposes of clarification or otherwise.” 
 Proposed Resolution #3

 “WHEREAS, this Corporation sponsors the M&I Retirement Program (the “Plan”); and 

WHEREAS, this Corporation wishes to amend and restate the Plan to incorporate all prior amendments, including those made today, and to
make certain changes for purposes of coordination with prior amendments; 
 NOW, THEREFORE, BE IT AND IT IS HEREBY RESOLVED, that
the M&I Retirement Program is hereby amended and restated in the form attached hereto. 
 FURTHER RESOLVED, that the
appropriate officers of this Corporation be, and they hereby are, authorized and directed to take any and all such further actions as they deem necessary or desirable in order to implement the foregoing resolutions, including the making of any such
further changes as they deem necessary for purposes of maintaining the Plan’s tax qualified status or for purposes of clarification or otherwise.” 

IN WITNESS WHEREOF, the undersigned has hereunto set her hand and affixed the corporate seal of
Marshall & Ilsley Corporation this 12th day of
February 2008. 
  

	
	
	/s/ Gina M. McBride
	 Gina M. McBride

Secretary

 RESOLUTIONS FOR THE 

BOARD OF DIRECTORS OF 
 MARSHALL & ILSLEY CORPORATION 
 WHEREAS, this
Corporation sponsors the M&I Retirement Program (the “Plan”); and 
 WHEREAS, the Plan document
currently mandates that employer matching contributions shall be initially invested in the M&I Fund (a fund comprised primarily of Marshall & Ilsley Corporation common stock); and 

WHEREAS, the M&I Retirement Investment Committee has expressed concern that some participants have too large a
percentage of their Plan accounts invested in the M&I Fund and has recommended to this Board that it amend the Plan to eliminate the requirement that employer matching contributions be initially invested in the M&I Fund; 

NOW, THEREFORE, BE IT AND IT IS HEREBY RESOLVED, that the M&I Retirement Program is hereby amended effective
January 1, 2008 to eliminate the requirement that employer matching contributions shall be initially invested in the M&I Fund and, instead, to provide that such contributions shall be invested in accordance with the same rules applicable to
other contributions made to the Plan, i.e., such contributions shall be invested as directed by Participants subject to limitations established by the M&I Retirement Investment Committee in its discretion. 

FURTHER RESOLVED, that the appropriate officers of this Corporation be, and they hereby are, authorized and directed to
take any and all such further actions as they deem necessary or desirable in order to implement the foregoing resolutions, including the making of any such further changes as they deem necessary for purposes of maintaining the Plan’s tax
qualified status or for purposes of clarification or otherwise. 

 RESOLUTIONS FOR THE 

BOARD OF DIRECTORS OF 
 MARSHALL & ILSLEY CORPORATION 
 WHEREAS, this
Corporation sponsors the M&I Retirement Program (the “Plan”); and 
 WHEREAS, this Corporation
wishes to amend the Plan to provide that matching contributions shall no longer be based on the performance of this corporation but shall be fixed at the rate of 50% for years after 2006 and to provide that profit sharing contributions made for
years after 2006 shall vest on a 5 year pro rata schedule rather than on a 5 year cliff basis; 
 NOW, THEREFORE,
BE IT AND IT IS HEREBY RESOLVED, that the M&I Retirement Program is hereby amended as follows: 
 1. Matching
contributions for years beginning after 2006 for each eligible participant shall be equal to 50% of the portion of the participant’s pre-tax contributions which does not exceed 6% of the participant’s annual pay. 

2. Profit sharing contributions made for plan years beginning after 2006 shall vest in accordance with the following
schedule: 
  

					
	 Years of
 Vesting Service
	  	Portion of Participant’s
Account Vested in Participant	 
	 Less than 2
	  	 	0	% 
	 At least 2 but less than 3
	  	 	20	% 
	 At least 3 but less than 4
	  	 	40	% 
	 At least 4 but less than 5
	  	 	60	% 
	 5 or more
	  	 	100	% 

 FURTHER RESOLVED, that the appropriate officers of this Corporation be, and they hereby
are, authorized and directed to take any and all such further actions as they deem necessary or desirable in order to implement the foregoing resolutions, including the making of any such further changes as they deem necessary for purposes of
maintaining the Plan’s tax qualified status or for purposes of clarification or otherwise. 

 RESOLUTIONS FOR THE 

BOARD OF DIRECTORS OF 
 MARSHALL & ILSLEY CORPORATION 
 WHEREAS, this
Corporation sponsors the M&I Retirement Program (the “Plan”); and 
 WHEREAS, this Corporation
wishes to amend and restate the Plan to incorporate all prior amendments, including those made today, and to make certain changes for purposes of coordination with prior amendments; 

NOW, THEREFORE, BE IT AND IT IS HEREBY RESOLVED, that the M&I Retirement Program is hereby amended and restated in the
form attached hereto. 
 FURTHER RESOLVED, that the appropriate officers of this Corporation be, and they hereby
are, authorized and directed to take any and all such further actions as they deem necessary or desirable in order to implement the foregoing resolutions, including the making of any such further changes as they deem necessary for purposes of
maintaining the Plan’s tax qualified status or for purposes of clarification or otherwise. 

 MARSHALL & ILSLEY CORPORATION 

ACTION WITH RESPECT TO RETIREMENT PLANS 
 WHEREAS, in connection with Marshall & Ilsley Corporation or its affiliate’s (collectively, “M&I”) acquisition of Excel Bank Corporation and its affiliates (collectively,
“Excel Bank”), M&I has succeeded to sponsorship of the Excel Bank 401(k) Profit Sharing Plan (the “Excel Bank 401(k) Plan”); and 
 WHEREAS, M&I desires to merge the Excel Bank 401 (k) Plan into the M&I Retirement Program (“M&I Plan”) effective September 4, 2007 and to specify the terms and conditions
which will be applicable to the accounts previously held in the Excel Bank 401(k) Plan which will be held in the M&I Plan; 

NOW, THEREFORE, pursuant to authority granted by the Board of Directors, M&I hereby takes the following actions: 

1. The Excel Bank 401(k) Plan shall be merged in the M&I Plan effective September 4, 2007. 

2. The M&I Plan is hereby amended in the following respects effective September 4,2007: 

a. A new paragraph (ag) is added to Section 1.01 to read as follows: 

“Former Excel Bank 401(k) Account” means the record of a Participant’s interest in the Plan attributable to his
account in the former Excel Bank 401(k) Plan (the “Former Excel Bank 401(k) Plan”) which was merged into this Plan. A Participant’s Former Excel Bank 401(k) Plan Account consists of one or more of the following subaccounts: Former
Excel Bank Deferral Contributions Account (holding 401(k) contributions), Former Excel Bank Matching Contributions Account (holding matching contributions), Former Excel Bank Nonelective Contributions Account (holding nonelective contributions),
Former Excel Bank Voluntary Contributions Account (holding participant voluntary after-tax contributions), Former Excel Bank Rollover Contributions Account (holding rollover contributions), and/or such other sub accounts as the Plan Administrator
deems reasonable or necessary for the proper administration of the Plan. 
 b. A new Article XXXXV is created to read as follows:

 ARTICLE XXXXV 
 FORMER EXCEL BANK 401(k) PLAN ACCOUNTS 
 45.01 In General. This Article sets
forth the rules applicable to a Participant’s Former Excel Bank 401(k) Plan Account and subaccounts described in Section 1.01(ag). 

Except as set forth in Section 45.02 below, a Participant’s Former Excel Bank 401(k) Plan Account shall be subject to the same rules as
applicable to a Participant’s Accounts generally 

 
under the rules of this Plan, e.g., a Participant’s Former Excel Bank 401(k) Plan Deferral Contributions Account shall be subject to the same rules as applicable to Salary Redirection
Accounts under this Plan, a Participant’s Former Excel Bank 401(k) Plan Matching Contributions Account shall be subject to the same rules as the Incentive Contributions Account under this Plan, a Participant’s Former Excel Bank 401(k) Plan
Nonelective Contributions Account shall be subject to the same rules as the Employer Profit Sharing Contributions Account under this Plan, a Participant’s Former Excel Bank 401(k) Plan Voluntary Contributions Account shall be subject to the
same rules as the Voluntary Contributions Account under this Plan, and a Participant’s Former Excel Bank 401 (k) Plan Rollover Contributions Account shall be subject to the same rules as applicable to Rollover Accounts under this Plan.

 45.02 Special Rules. 

Notwithstanding Section 45.01 above, the following special rules shall apply to a Participant’s Former Excel Bank 401(k) Account: 

 

	 	a.	A Participant who has not terminated shall be permitted to take a distribution of all or any portion of his Excel Bank 401(k) Plan Account at or after reaching age
591⁄2. 

  

	 	b.	A Participant may take a withdrawal of all or any portion of his Rollover Account (and earnings thereon) at any time. 

 

	 	c.	Notwithstanding anything herein to the contrary, any protected benefits or optional forms of benefit related to Former Excel Bank 401(k) Plan assets shall be protected
and retained to the extent required under Code Section 411 and applicable regulations. 

 FURTHER RESOLVED,
that appropriate officers be, and they hereby are, authorized and directed to take such actions and execute such documents as they deem advisable or necessary to implement the foregoing resolution. 

Dated this 29th day of August, 2007. 

 

	
	
	/s/ Paul Renard
	 Senior Vice President

Director Human Resources

 MARSHALL & ILSLEY CORPORATION 

ACTION WITH RESPECT TO RETIREMENT PLANS 
 WHEREAS, in connection with Marshall & Ilsley Corporation or its affiliate’s (collectively, “M&I”) acquisition of Excel Bank Corporation and its affiliates (collectively,
“Excel Bank”), M&I has succeeded to sponsorship of the Excel Bank Employee Stock Ownership Plan (the “Excel Bank ESOP”); and 
 WHEREAS, M&I desires to merge the Excel Bank ESOP into the M&I Retirement Program (“M&I Plan”) effective August 1, 2007 and to specify the terms and conditions which will be
applicable to the accounts previously held in the Excel Bank ESOP which will be held in the M&I Plan; 
 NOW, THEREFORE,
pursuant to authority granted by the Board of Directors, M&I hereby takes the following actions: 
  

	 	1.	All former Excel Bank employees shall be vested (to the extent not already vested) in the portion of his or her account balance attributable to participation in the
Excel Bank ESOP in accordance with the vesting schedule and methodology (i.e., the elapsed time method as described in the prior Excel Bank ESOP document) applicable to that plan prior to the full vesting date described above. (Specifically,
that plan provided 100% vesting after 3 years.) 

  

	 	2.	The Excel Bank ESOP shall be merged in the M&I Plan effective August 1,2007 and no further contributions shall be made with respect to the Excel Bank ESOP for
the 2007 Plan Year. 

  

	 	3.	The M&I Plan is hereby amended in the following respects effective August 1, 2007: 

a. A new paragraph (at) is added to Section 1.01 to read as follows: 

“Former Excel Bank ESOP Account” means the record of a Participant’s interest in the Plan attributable to his
account in the former Excel Bank Employee Stock Ownership Plan (the “Former Excel Bank ESOP”) which was merged into this Plan. A Participant’s Former Excel Bank ESOP Account consists of one or more of the following subaccounts: Former
Excel Bank ESOP Employer Contributions Account (holding nonelective contributions), Former Excel Bank ESOP Rollover Contributions Account (holding rollover contributions), and/or such other sub accounts as the Plan Administrator deems reasonable or
necessary for the proper administration of the Plan. 
 b. A new Article XXXXIV is created to read as follows: 

 ARTICLE XXXXIV 
 FORMER EXCEL BANK ESOP ACCOUNTS 
 44.01 In General. This Article sets forth
the rules applicable to a Participant’s Former Excel Bank ESOP Account and sub accounts described in Section 1.01(af) . 
 Except as
set forth in Section 44.02 below, a Participant’s Former Excel Bank ESOP Account shall be subject to the same rules as applicable to a Participant’s Accounts generally under the rules of this Plan, e.g., a Participant’s Former
Excel Bank ESOP Employer Contributions Account shall be subject to the same rules as the Employer Profit Sharing Contributions Account under this Plan and a Participant’s Former Excel Bank ESOP Rollover Contributions Account shall be subject to
the same rules as applicable to Rollover Accounts under this Plan. 
 44.02 Special Rules. 

Notwithstanding Section 44.01 above, the following special rules shall apply to a Participant’s Former Excel Bank ESOP Account: 

 

	 	a.	Any Participant’s Former Excel Bank ESOP Account shall have his vesting in amounts attributable to participation in the Excel Bank ESOP determined in accordance
with the terms of that plan as previously in effect (including the vesting schedule and methodology). 

  

	 	b.	All Former Excel Bank ESOP Accounts become fully vested (if not already vested) at age 65 if the Participant is still in the employ of M&I.

  

	 	c.	For purposes of vesting upon a disability with respect to amounts related to the Former Excel Bank ESOP, the definition of Disability under the Former Excel Bank ESOP
shall apply. 

  

	 	d.	Forfeitures arising due to the termination after June 30, 2007, of any former Excel Bank employees, which are attributable to participation in the Former Excel
Bank ESOP will be used to reduce contributions to the Plan rather than shared solely among former participants in the Excel Bank ESOP. 

  

	 	e.	Eligibility and vesting under the Plan for former employees of Excel Bank is subject to the previous amendments to the Plan. The better of the regular and the top-heavy
vesting schedules in the Excel Bank ESOP shall apply to the Former Excel Bank ESOP Account if and when the Plan becomes top-heavy. 

  

	 	f.	Notwithstanding anything herein to the contrary, any protected benefits or optional forms of benefit related to Former Excel Bank ESOP assets shall be protected and
retained to the extent required under Code Section 411 and applicable regulations. 

  

	 	g.	To the extent a terminated participant has begun receiving distribution of his Former Excel Bank ESOP Account, and is reemployed by the Employer or any affiliate
thereof, the distribution of such Former Excel Bank ESOP Account shall continue upon reemployment. 

 FURTHER RESOLVED, that appropriate officers be, and they hereby are, authorized and directed
to take such actions and execute such documents as they deem advisable or necessary to implement the foregoing resolution. 

Dated this 30th day of July, 2007. 

 

	
	
	/s/ Paul Renard
	 Senior Vice President

Director Human Resources

  
 

 
  

			
		  	 Marshall & Ilsley Corporation

770 North Water Street
 Milwaukee,
WI 53202-3509
 414 765-8327

micorp.com

 Eligibility for enrollment in the M&I Vision Plan, M&I Life Insurance Plan, M&I Retirement
Program, M&I Long-Term Disability Income Plan, M&I Pre-Tax Transportation Plan, and M&I Travel Accident Plan (which would otherwise occur effective as of the January 1 following the effective date of the acquisition) is hereby
approved effective July 1, 2007 for M&I employees hired in connection with the purchase of the assets of Excel Bank Corporation which were effective July 1, 2007. Eligibility for enrollment in the M&I Severance Plan is
July 1, 2008. For purposes of the M&I Retirement Program, such an employee shall be a Participant with respect to matching and profit sharing contributions at the time he or she would have satisfied the requirements to participate in the
Program taking into account his or her service with Excel Bank Corporation as if such service were with Marshall & Ilsley Corporation. However, for purposes of satisfying the 1000 hours of service requirement for an allocation under the
Program, only service with M&I affiliates will be taken into account, but the hours requirement shall be prorated for 2007 based on the employee’s hire date with M&I. 

 

					
			
	 /s/ Dennis R. Salentine
	 		 	6/28/07        
	Dennis R. Salentine	 		 	Date
	Director of Corporate Benefits	 		 	

 MARSHALL & ILSLEY CORPORATION AND/OR ITS AFFILIATE(S) 

ACTION WITH RESPECT TO RETIREMENT PLANS 
 WHEREAS, in connection with Marshall & Ilsley Corporation’s (“M&I”) (and/or its affiliates’) acquisition of Excel Bank Corporation and its affiliates (collectively,
“Excel Bank”), M&I or one of its affiliates (as determined by the terms of such acquisition, each of M&I and each of its affiliates hereinafter included in the term “M&I Affiliate”) will serve as sponsor of the Excel
Bank Employee Stock Ownership Plan and the Excel Bank 401 (k) Profit Sharing Plan (the “Excel Bank Plans”); and 

WHEREAS, M&I Affiliate desires to discontinue deferrals into the Excel Bank Plans effective after July 1, 2007; and 

WHEREAS, immediately upon such succession of sponsorship, M&I Affiliate desires to change the allocation requirements for any
residual allocations under the Excel Bank Plans, and to provide full vesting for certain former Excel Bank employees who terminate employment with M&I Affiliate(s) in connection with certain “reductions in force”; 

NOW, THEREFORE, M&I hereby takes the following actions: 

 

	 	1.	M&I Affiliate reconfirms that it is sponsor of the Excel Bank Plans, effective July 1, 2007. 

 

	 	2.	No participant in the Excel Bank Plans shall be permitted to request a loan from those plans on or after July 1, 2007. 

 

	 	3.	No employee of Excel Bank or M&I or the affiliates of either shall be eligible to make an elective deferral into the Excel Bank Plans effective after July 1,
2007 and all subsequent periods. 

  

	 	4.	Former Excel Bank employees who terminate employment with M&I Affiliate (including Excel Bank) on or after July 1, 2007 due to a “reduction in force”
(as determined in the sole discretion of the M&I Human Resources Department) be fully vested in their distributions from the Excel Bank Plans. 

 FURTHER RESOLVED, that appropriate officers be, and they hereby are, authorized and directed to take such actions and execute such documents as they deem advisable or necessary to implement the foregoing
resolution. 
 Dated this 29th day of June, 2007. 

 

			
	 ON BEHALF OF

MARSHALL & ILSLEY CORPORATION
 AND ITS
AFFILIATES

		
	By:	 	/s/ Paul Renard
	Senior Vice President, Human Resources

 ACTION OF 
 MARSHALL & ILSLEY CORPORATION 
 WITH RESPECT TO THE

 M&I RETIREMENT PROGRAM 
 WHEREAS, Marshall & Ilsley Corporation (“M&I”) maintains the M&I Retirement Program (“Plan”) for the exclusive benefit of participating employees and their
beneficiaries; and 
 WHEREAS, M&I and/or its affiliates are acquiring Excel Bank Corporation and its affiliates
(collectively, “Excel Bank”) effective July 1, 2007; and 
 WHEREAS, pursuant to the terms of the agreements for
such acquisition, M&I and/or its affiliates, and Excel Bank agree that certain service with Excel Bank prior to the date of acquisition will be counted for purposes of eligibility, allocations and vesting under the Plan; and 

WHEREAS, the Board of Directors has delegated authority to make amendments and take actions of this kind to the undersigned; 

NOW, THEREFORE, RESOLVED, that former employees of Excel Bank (who become employees of M&I (and/or its affiliates) on or about
July 1,2007, as a direct consequence of the acquisition of Excel Bank shall be credited with their service with Excel Bank prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. 

However, employees described in this resolution shall not become participants until July 1, 2007 (or such later date as such employee
would have become a participant in the Plan, taking into account the service credit provided in this resolution). Except as set forth in the following sentence, compensation paid by Excel Bank and/or M&I and/or its affiliates prior to
July 1, 2007, shall not be recognized for any purposes of the Plan other than determination of highly compensated employee and key employee status. 
 FURTHER RESOLVED, that appropriate officers be, and they hereby are, authorized and directed to take such action and execute such documents as they deem advisable or necessary to implement the foregoing
resolution. 
 Dated this 29th day of June, 2007. 

 

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
	 Senior Vice President
 Director, Human Resources

 ACTION OF 
 MARSHALL & ILSLEY CORPORATION 
 WITH RESPECT TO THE

 M&I RETIREMENT PROGRAM 
 WHEREAS, Marshall & Ilsley Corporation (“M&I”) maintains the M&I Retirement Program (“Plan”) for the exclusive benefit of participating employees and their
beneficiaries; and 
 WHEREAS, M&I and/or its affiliates are acquiring North Star Financial Corporation and its affiliates
(collectively, “North Star”) effective April 20, 2007; and 
 WHEREAS, pursuant to the terms of the agreements for
such acquisition, M&I and/or its affiliates, and North Star agree that certain service with North Star prior to the date of acquisition will be counted for purposes of eligibility, allocations and vesting under the Plan; and 

WHEREAS, the Board of Directors has delegated authority to make amendments and take actions of this kind to the undersigned; 

NOW, THEREFORE, RESOLVED, that former employees of North Star(who become employees of M&I (and/or its affiliates) on or about
April 21, 2007, as a direct consequence of the acquisition of North Star shall be credited with their service with North Star prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. However,
employees described in this resolution shall not become participants until April 21, 2007 (or such later date as such employee would have become a participant in the Plan, taking into account the service credit provided in this resolution).
Except as set forth in the following sentence, compensation paid by North Star and/or M&I and/or its affiliates prior to April 21, 2007, shall not be recognized for any purposes of the Plan other than determination of highly compensated
employee and key employee status. Notwithstanding the foregoing, compensation paid by North Star and/or M&I and or its affiliates shall be counted to the extent paid on or after April 21, 2007, for purposes of profit sharing contributions
(guaranteed and discretionary) in the M&I Plan. 
 FURTHER RESOLVED, that appropriate officers be, and they hereby are,
authorized and directed to take such action and execute such documents as they deem advisable or necessary to implement the foregoing resolution. 
 Dated this 20 day of April, 2007. 
  

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
	 Senior Vice President
 Human Resources

 MARSHALL & ILSLEY CORPORATION AND/OR ITS AFFILIATE(S) 

ACTION WITH RESPECT TO RETIREMENT PLANS 
 WHEREAS, in connection with Marshall & Ilsley Corporation’s (“M&I”) (and/or its affiliates’) acquisition of North Star Financial Corporation and its affiliates
(collectively, “North Star”), M&I or one of its affiliates (as determined by the terms of such acquisition, each of M&I and each of its affiliates hereinafter included in the term “M&I Affiliate”) will serve as
sponsor of the North Star Financial Corporation 401 (k) Plan (the “North Star Plan”); and 
 WHEREAS, M&I
Affiliate desires to discontinue deferrals into the North Star Plan effective after April 20, 2007; and 
 WHEREAS,
immediately upon such succession of sponsorship, M&I Affiliate desires to change the allocation requirements for any residual allocations under the North Star Plan; 
 NOW, THEREFORE, M&I hereby takes the following actions: 
  

	 	1.	M&I Affiliate reconfirms that it is sponsor of the North Star Plan, effective April 20, 2007. 

 

	 	2.	No participant in the North Star Plan shall be permitted to request a loan from that plan on or after April 21, 2007. 

 

	 	3.	No employee of North Star or M&I or the affiliates of either shall be eligible to make an elective deferral into the North Star Plan effective after April 20,
2007 and all subsequent periods. 

 FURTHER RESOLVED, that appropriate officers be, and they hereby are,
authorized and directed to take such actions and execute such documents as they deem advisable or necessary to implement the foregoing resolution. 
 Dated this
20th day of April, 2007. 

 

			
	 ON BEHALF OF

MARSHALL & ILSLEY CORPORATION
 AND ITS
AFFILIATES

		
	By:	 	/s/ Paul Renard
	 Senior Vice President
 Human Resources

 ACTION OF 
 MARSHALL & ILSLEY CORPORATION 
 WITH RESPECT TO THE

 M&I RETIREMENT PROGRAM 
 WHEREAS, Marshall & Ilsley Corporation (“M&I”) maintains the M&I Retirement Program (“Plan”) for the exclusive benefit of participating employees and their
beneficiaries; and 
 WHEREAS, M&I and/or its affiliates are acquiring United Heritage Bank (“UHB”) effective
April 1, 2007; and 
 WHEREAS, pursuant to the terms of the agreements for such acquisition, M&I and/or its affiliates,
and UHB agree that service with UHB (including but not limited to service provided in connection with UHB’s employee leasing agreement with CoAdvantage(“PEO”)) (such service with UHB and CoAdvantage hereinafter referred to as
“UHB Service”) prior to the date of acquisition will be counted for purposes of eligibility, allocations and vesting under the Plan; and 
 WHEREAS, the Board of Directors has delegated authority to make amendments and take actions of this kind to the undersigned; 
 NOW, THEREFORE, RESOLVED, that former employees of UHB and/or former employees of UHB as provided through an agreement with a Professional Employer Organization, (who became employees of M&I (and/or
its affiliates) on or about April 1, 2007,as a direct consequence of the acquisition of UHB shall be credited with their UHB Service prior to the date of acquisition for purposes of eligibility, allocations and vesting under the Plan. However,
employees described in this resolution shall not become participants until April 1, 2007 (or such later date as such employee would have become a participant in the Plan, taking into account the service credit provided in this resolution).
Compensation paid by UHB, PEO and/or M&I and/or its affiliates prior to April 1,2007, shall not be recognized for any purposes of the Plan other than determination of highly compensated employee and key employee status. 

FURTHER RESOLVED, that appropriate officers be, and they hereby are, authorized and directed to take such action and execute such
documents as they deem advisable or necessary to implement the foregoing resolution. 
 Dated this 29th day of March, 2007. 

 

			
	MARSHALL & ILSLEY CORPORATION
		
	By:	 	/s/ Paul Renard
	 Senior Vice President
 Human Resources

  
 

 
  

			
		  	 Marshall & Ilsley Corporation
 770 North Water Street
 Milwaukee, WI 53202-3509

414 765-8327
 micorp.com

 Eligibility for enrollment in the M&I Health Plan, M&I Dental Plan, M&I Vision Plan, M&I
Flexible Spending Accounts, M&I Life Insurance Plan, M&I Long Term Disability Income Plan, M&I Retirement Program, M&I Severance Pay Plan, and M&I Travel Accident Plan (which would otherwise occur effective as of the
January 1 following the effective date of the acquisition) is hereby approved effective April 1, 2007 for M&I employees hired in connection with the purchase of the assets of United Heritage Bankshares which were effective
April 1, 2007. 
 For purposes of the M&I Retirement Program, such an employee shall be a Participant with respect to
matching and profit sharing contributions at the time he or she would have satisfied the requirements to participate in the Program taking into account his or her service with United Heritage Bankshares as if such service were with
Marshall & Ilsley Corporation. However, for purposes of satisfying the 1000 hours of service requirement for an allocation under the Program, only service with M&I affiliates will be taken into account, but the hours requirement shall
be prorated for 2007 based on the employee’s hire date with M&I. Only compensation paid and contributions made at M&I are eligible for the matching and profit sharing contributions. 

 

					
			
	 /s/ Dennis R. Salentine
	 		 	4-19-07                
	Dennis R. Salentine	 		 	Date
	Director Corporate Benefits	 		 	

  
 

 
  

			
		  	 Marshall & Ilsley Corporation
 770 North Water Street
 Milwaukee, WI 53202-3509

414 765-8327
 micorp.com

 Eligibility for enrollment in the M&I Health Plan, M&I Dental Plan, M&I Vision Plan, M&I
Long Term Disability Income Plan, M&I Retirement Program, M&I Severance Pay Plan, and M&I Travel Accident Plan (which would otherwise occur effective as of the January I following the effective date of the acquisition) is hereby approved
effective May 1, 2007 for M&I employees hired in connection with the purchase of the assets of North Star Financial Corporation which were effective April 21, 2007. 

Coverage under the M&I Life Insurance Plan is hereby approved effective April 21, 2007. 

For purposes of the M&I Retirement Program, such an employee shall be a Participant with respect to matching and profit sharing
contributions at the time he or she would have satisfied the requirements to participate in the Program taking into account his or her service with North Star Financial Corporation as if such service were with Marshall & Ilsley Corporation.
However, for purposes of satisfying the 1000 hours of service requirement for an allocation under the Program, only service with M&I affiliates will be taken into account, but the hours requirement shall be prorated for 2007 based on the
employee’s hire date with M&I. Only compensation paid and contributions made at M&I are eligible for the matching and profit sharing contributions. 
  

					
			
	 /s/ Dennis R. Salentine
	 		 	4-19-07                
	Dennis R. Salentine	 		 	Date
	Director Corporate BenefitsEX-4.6

 Exhibit 4.6 

 
  
 DEFINED CONTRIBUTION VOLUME SUBMITTER PLAN AND TRUST 
 BASIC PLAN DOCUMENT

 TABLE OF CONTENTS 

SECTION 1 

PLAN DEFINITIONS 
  

							
	1.01	 	 Account
	  	 	1	  
	1.02	 	 Account Balance
	  	 	1	  
	1.03	 	 ACP Test (Actual Contribution Percentage Test)
	  	 	1	  
	1.04	 	 Actuarial Factor
	  	 	1	  
	1.05	 	 Adoption Agreement (“Agreement”)
	  	 	1	  
	1.06	 	 ADP Test (Actual Deferral Percentage Test)
	  	 	1	  
	1.07	 	 After-Tax Contributions
	  	 	1	  
	1.08	 	 Alternate Payee
	  	 	1	  
	1.09	 	 Anniversary Years
	  	 	1	  
	1.10	 	 Annual Additions
	  	 	1	  
	1.11	 	 Annuity Starting Date
	  	 	1	  
	1.12	 	 Automatic Rollover
	  	 	2	  
	1.13	 	 Average Contribution Percentage (ACP
	  	 	2	  
	1.14	 	 Average Deferral Percentage (ADP)
	  	 	2	  
	1.15	 	 Beneficiary
	  	 	2	  
	1.16	 	 Benefiting Participant
	  	 	2	  
	1.17	 	 Break in Service
	  	 	2	  
	1.18	 	 Cash-Out Distribution
	  	 	2	  
	1.19	 	 Catch-Up Contributions
	  	 	2	  
	1.20	 	 Catch-Up Contribution Limit
	  	 	2	  
	1.21	 	 Code
	  	 	2	  
	1.22	 	 Code §415 Limitation
	  	 	2	  
	1.23	 	 Collectively Bargained Employee
	  	 	2	  
	1.24	 	 Compensation Limit
	  	 	2	  
	1.25	 	 Computation Period
	  	 	3	  
		 	 (a)    Eligibility Computation Period
	  	 	3	  
		 	 (b)    Vesting Computation Period
	  	 	3	  
	1.26	 	 Current Year Testing Method
	  	 	3	  
	1.27	 	 Custodian
	  	 	3	  
	1.28	 	 Defined Benefit Plan
	  	 	3	  
	1.29	 	 Defined Contribution Plan
	  	 	3	  
	1.30	 	 Designated Beneficiary
	  	 	3	  
	1.31	 	 Determination Date
	  	 	3	  
	1.32	 	 Determination Year
	  	 	3	  
	1.33	 	 Directed Account
	  	 	3	  
	1.34	 	 Directed Trustee
	  	 	3	  
	1.35	 	 Direct Rollover
	  	 	3	  
	1.36	 	 Disabled
	  	 	3	  
	1.37	 	 Discretionary Trustee
	  	 	4	  
	1.38	 	 Distribution Calendar Year
	  	 	4	  
	1.39	 	 Early Retirement Age
	  	 	4	  
	1.40	 	 Earned Income
	  	 	4	  
	1.41	 	 Effective Date
	  	 	4	  
	1.42	 	 Elapsed Time
	  	 	4	  
	1.43	 	 Elective Deferral Dollar Limit
	  	 	4	  
	1.44	 	 Elective Deferrals
	  	 	4	  
	1.45	 	 Eligible Employee
	  	 	4	  
	1.46	 	 Eligible Retirement Plan
	  	 	4	  
	1.47	 	 Eligible Rollover Distribution
	  	 	4	  
	1.48	 	 Employee
	  	 	4	  
	1.49	 	 Employer
	  	 	4	  
	1.50	 	 Employer Contributions
	  	 	4	  
	1.51	 	 Employment Commencement Date
	  	 	4	  
	1.52	 	 Entry Date
	  	 	4	  
	1.53	 	 Equivalency Method
	  	 	4	  
	1.54	 	 ERISA
	  	 	5	  
	1.55	 	 Excess Aggregate Contributions
	  	 	5	  
	1.56	 	 Excess Amount
	  	 	5	  
	1.57	 	 Excess Compensation
	  	 	5	  
	1.58	 	 Excess Contributions
	  	 	5	  
	1.59	 	 Excess Deferrals
	  	 	5	  

  

			
	 © Copyright 2008
	 	Defined Contribution Basic Plan Document

 i 

 Volume Submitter Defined Contribution Plan 

Table of Contents 
  

							
	1.60	 	 Fail-Safe Coverage Provision
	  	 	5	  
	1.61	 	 Family Members
	  	 	5	  
	1.62	 	 Favorable IRS Letter
	  	 	5	  
	1.63	 	 General Trust Account
	  	 	5	  
	1.64	 	 Governmental Plan
	  	 	5	  
	1.65	 	 Hardship
	  	 	5	  
	1.66	 	 Highly Compensated
	  	 	5	  
		 	 (a)    Five-Percent Owner
	  	 	5	  
		 	 (b)    Compensation limit
	  	 	5	  
		 	 (c)    Determination Year
	  	 	5	  
		 	 (d)    Lookback Year
	  	 	5	  
		 	 (e)    Total Compensation
	  	 	5	  
		 	 (f)     Top Paid Group
	  	 	5	  
	1.67	 	 Highly Compensated Group
	  	 	6	  
	1.68	 	 Hour of Service
	  	 	6	  
		 	 (a)    Performance of duties
	  	 	6	  
		 	 (b)    Nonperformance of duties
	  	 	6	  
		 	 (c)    Back pay award
	  	 	6	  
		 	 (d)    Related Employers/Leased Employees
	  	 	6	  
		 	 (e)    Maternity/paternity leave
	  	 	6	  
	1.69	 	 Insurer
	  	 	6	  
	1.70	 	 Integration Level
	  	 	6	  
	1.71	 	 Key Employee
	  	 	6	  
	1.72	 	 Leased Employee
	  	 	6	  
	1.73	 	 Limitation Year
	  	 	6	  
	1.74	 	 Lookback Year
	  	 	6	  
	1.75	 	 Matching Contributions
	  	 	7	  
	1.76	 	 Maximum Disparity Rate
	  	 	7	  
	1.77	 	 Minimum Gateway Contribution
	  	 	7	  
	1.78	 	 Multiple Employer Plan
	  	 	7	  
	1.79	 	 Net Profits
	  	 	7	  
	1.80	 	 Nonhighly Compensated
	  	 	7	  
	1.81	 	 Nonhighly Compensated Group
	  	 	7	  
	1.82	 	 Nonvested Participant Break in Service
	  	 	7	  
	1.83	 	 Non-Key Employee
	  	 	7	  
	1.84	 	 Normal Retirement Age
	  	 	7	  
	1.85	 	 Participant
	  	 	7	  
	1.86	 	 Participating Employer
	  	 	8	  
	1.87	 	 Participating Employer Adoption Page
	  	 	8	  
	1.88	 	 Period of Severance
	  	 	8	  
	1.89	 	 Permissive Aggregation Group
	  	 	8	  
	1.90	 	 Plan
	  	 	8	  
	1.91	 	 Plan Administrator
	  	 	8	  
	1.92	 	 Plan Compensation
	  	 	8	  
		 	 (a)    Determination period
	  	 	8	  
		 	 (b)    Partial period of participation
	  	 	8	  
	1.93	 	 Plan Year
	  	 	9	  
	1.94	 	 Predecessor Employer
	  	 	9	  
	1.95	 	 Predecessor Plan
	  	 	9	  
	1.96	 	 Pre-Tax Deferrals
	  	 	9	  
	1.97	 	 Prevailing Wage Formula
	  	 	9	  
	1.98	 	 Prevailing Wage Service
	  	 	9	  
	1.99	 	 Prior Year Testing Method
	  	 	9	  
	1.100	 	 Qualified Domestic Relations Order (QDRO
	  	 	9	  
	1.101	 	 Qualified Election
	  	 	9	  
	1.102	 	 Qualified Joint and Survivor Annuity (QJSA)
	  	 	9	  
	1.103	 	 Qualified Matching Contribution (QMAC)
	  	 	9	  
	1.104	 	 Qualified Nonelective Contribution (QNEC)
	  	 	9	  
	1.105	 	 Qualified Preretirement Survivor Annuity (QPSA)
	  	 	9	  
	1.106	 	 Qualified Transfer
	  	 	9	  
	1.107	 	 Reemployment Commencement Date
	  	 	9	  
	1.108	 	 Related Employer
	  	 	9	  
	1.109	 	 Required Aggregation Group
	  	 	10	  

  

			
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Table of Contents 
  

							
	1.110	 	Required Beginning Date	  	 	10	  
	1.111	 	Rollover Contribution	  	 	10	  
	1.112	 	Roth Deferrals	  	 	10	  
	1.113	 	Safe Harbor 401(k) Plan	  	 	10	  
	1.114	 	Safe Harbor Contribution	  	 	10	  
	1.115	 	Safe Harbor Employer Contributions	  	 	10	  
	1.116	 	Safe Harbor Matching Contributions	  	 	10	  
	1.117	 	Salary Deferral Election	  	 	10	  
	1.118	 	Salary Deferrals	  	 	10	  
	1.119	 	Self-Employed Individual	  	 	10	  
	1.120	 	Short Plan Year	  	 	10	  
	1.121	 	Targeted QNECs	  	 	10	  
	1.122	 	Taxable  Wage  Base	  	 	10	  
	1.123	 	Testing Compensation	  	 	10	  
	1.124	 	Top Paid Group	  	 	11	  
	1.125	 	Top Heavy	  	 	11	  
	1.126	 	Top Heavy Ratio	  	 	11	  
	1.127	 	Total Compensation	  	 	11	  
		 	 (a)    W-2 Wages
	  	 	11	  
		 	 (b)    Wages under Code §3401(a)
	  	 	11	  
		 	 (c)    Code §415 Compensation
	  	 	11	  
	1.128	 	 Trust
	  	 	12	  
	1.129	 	 Trustee
	  	 	12	  
	1.130	 	 Valuation Date
	  	 	12	  
	1.131	 	 Year of Service
	  	 	12	  

 SECTION 2 
 ELIGIBILITY AND PARTICIPATION 

							
	2.01  	 	 Eligibility
	  	 	13	  
	2.02	 	 Eligible Employees
	  	 	13	  
		 	 (a)    Only Employees may participate in the Plan
	  	 	13	  
		 	 (b)    Excluded Employees
	  	 	13	  
		 	 (c)    Employees of Related Employers
	  	 	14	  
		 	 (d)    Ineligible Employee becomes Eligible Employee
	  	 	14	  
		 	 (e)    Eligible Employee becomes ineligible Employee
	  	 	14	  
		 	 (f)     Improper exclusion of eligible Participant
	  	 	14	  
	2.03	 	Minimum Age and Service Conditions	  	 	14	  
		 	 (a)    Application of age and service conditions
	  	 	15	  
		 	 (b)    Entry Dates
	  	 	16	  
	2.04	 	Participation on Effective Date of Plan	  	 	16	  
	2.05	 	Rehired Employees	  	 	17	  
	2.06	 	Service with Predecessor Employers	  	 	17	  
	2.07	 	Break in Service Rules	  	 	17	  
		 	 (a)    Break in Service
	  	 	17	  
		 	 (b)    Nonvested Participant Break in Service rule
	  	 	17	  
		 	 (c)    Special Break in Service rule for Plans using two Years of Service for
eligibility
	  	 	17	  
		 	 (d)    One-Year Break in Service rule
	  	 	17	  
	2.08	 	 Waiver of Participation
	  	 	18	  

 SECTION 3 
 PLAN CONTRIBUTIONS 

							
	3.01  	 	 Types of Contributions
	  	 	19	  
	3.02	 	 Employer Contribution Formulas
	  	 	19	  
		 	 (a)    Employer Contribution formulas (Profit Sharing Plan and Profit Sharing/401(k)
Plan)
	  	 	19	  
		 	 (b)    Employer Contribution formulas (Money Purchase Plan)
	  	 	25	  
		 	 (c)    Period for determining Employer Contributions
	  	 	27	  
		 	 (d)    Offset of Employer Contributions
	  	 	27	  
	3.03	 	Salary Deferrals	  	 	28	  
		 	 (a)    Salary Deferral Election
	  	 	28	  
		 	 (b)    Change in deferral election
	  	 	28	  
		 	 (c)    Automatic deferral election
	  	 	28	  
		 	 (d)    Catch-Up Contributions
	  	 	29	  
		 	 (e)    Roth Deferrals
	  	 	29	  

  

			
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Table of Contents 
  

					
	3.04	 	 Matching Contributions
	  	30
		 	 (a)    Contributions eligible for Matching Contributions
	  	30     
		 	 (b)    Period for determining Matching Contributions
	  	30     
		 	 (c)    True-up contributions
	  	30     
		 	 (d)    Qualified Matching Contributions (QMACs)
	  	31     
	3.05	 	 Safe Harbor Contributions
	  	31
	3.06	 	 After-Tax Contributions
	  	31
	3.07	 	Rollover Contributions	  	31
	3.08	 	Deductible Employee Contributions	  	32
	3.09	 	Allocation Conditions	  	32
		 	 (a)    Application to designated period
	  	32     
		 	 (b)    Special rule for year of termination
	  	33     
		 	 (c)    Special allocation condition for Matching Contributions under the Plan
	  	33     
		 	 (d)    Service with Predecessor Employers
	  	33     
	3.10	 	 Contribution of Property
	  	33

 SECTION 4 
 TOP HEAVY PLAN REQUIREMENTS 

					
	4.01	 	 Top Heavy Plan
	  	34
	 4.02 
	 	 Top Heavy Ratio
	  	34     
		 	 (a)    Defined Contribution Plan(s) only
	  	34     
		 	 (b)    Maintenance of Defined Benefit Plan
	  	34     
		 	 (c)    Determining value of Account Balance or accrued benefit
	  	34     
	4.03	 	 Other Definitions
	  	35
		 	 (a)    Key Employee
	  	35     
		 	 (b)    Non-Key Employee
	  	35     
		 	 (c)    Determination Date
	  	35     
		 	 (d)    Permissive Aggregation Group
	  	35     
		 	 (e)    Required Aggregation Group
	  	35     
		 	 (f)     Present Value
	  	35     
		 	 (g)    Total Compensation
	  	36     
		 	 (h)    Valuation Date
	  	36     
	4.04	 	 Minimum Allocation
	  	36
		 	 (a)    Determination of Key Employee contribution percentage
	  	36     
		 	 (b)    Determining of Non-Key Employee minimum allocation
	  	36     
		 	 (c)    Certain allocation conditions inapplicable
	  	36     
		 	 (d)    Participants not employed on the last day of the Plan Year
	  	36     
		 	 (e)    Participation in more than one Top Heavy Plan
	  	36     
		 	 (f)     No forfeiture for certain events
	  	37     
	4.05	 	Special Top Heavy Vesting Rules	  	37
		 	 (a)    Minimum vesting schedules
	  	37
		 	 (b)    Shifting Top Heavy Plan status
	  	37

 SECTION 5 
 LIMITS ON CONTRIBUTIONS 

					
	5.01	 	 Limits on Employer Contributions
	  	38
		 	 (a)    Limitation on Salary Deferrals
	  	38     
		 	 (b)    Limitation on total Employer Contributions
	  	38     
	 5.02 
	 	Elective Deferral Dollar Limit	  	38     
		 	 (a)    Excess Deferrals
	  	38     
		 	 (b)    Correction of Excess Deferrals
	  	38     
	5.03	 	 Code §415 Limitation
	  	40
		 	 (a)    No other plan participation
	  	40
		 	 (b)    Participation in another plan
	  	41
		 	 (c)    Definitions
	  	42

 SECTION 6 
 SPECIAL RULES AFFECTING 401(K) PLANS 

					
	6.01	 	 Nondiscrimination Testing of Salary Deferrals – ADP Test
	  	44
		 	 (a)    ADP Test
	  	44     
		 	 (b)    Correction of Excess Contributions
	  	45     
		 	 (c)    Adjustment of deferral rate for Highly Compensated Employees
	  	48     
		 	 (d)    Special testing rules
	  	48     

  

			
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	6.02	 	 Nondiscrimination Testing of Matching Contributions and After-Tax Contributions – ACP Test
	  	 	48	  
		 	 (a)    ACP Test
	  	 	48	  
		 	 (b)    Correction of Excess Aggregate Contributions
	  	 	50	  
		 	 (c)    Adjustment of contribution rate for Highly Compensated Employees
	  	 	52	  
		 	 (d)    Special testing rules
	  	 	52	  
	6.03	 	 Disaggregation of Plans
	  	 	53	  
		 	 (a)    Plans covering Collectively Bargained Employees and non-Collectively Bargained
Employees
	  	 	53	  
		 	 (b)    Otherwise excludable Employees
	  	 	53	  
		 	 (c)    Corrective action for disaggregated plans
	  	 	53	  
	6.04	 	 Safe Harbor 401(k) Plan Provisions
	  	 	54	  
		 	 (a)    Safe harbor requirements
	  	 	54	  
		 	 (b)    Eligibility for Safe Harbor Contributions
	  	 	55	  
		 	 (c)    Different eligibility conditions
	  	 	56	  
		 	 (d)    Provision of Safe Harbor Contribution in separate plan
	  	 	56	  
		 	 (e)    Reduction or suspension of Safe Harbor Contributions
	  	 	56	  
		 	 (f)     Deemed compliance with ADP Test
	  	 	56	  
		 	 (g)    Deemed compliance with ACP Test
	  	 	56	  
		 	 (h)    Rules for applying the ACP Test
	  	 	57	  
		 	 (i)     Application of Top Heavy rules
	  	 	57	  
		 	 (j)     Plan Year
	  	 	57	  
	6.05	 	 SIMPLE 401(k) Plan contributions
	  	 	58	  
		 	 (a)    Definitions
	  	 	58	  
		 	 (b)    Contributions
	  	 	58	  
		 	 (c)    Limit on Contributions
	  	 	59	  
		 	 (d)    Election and notice requirements
	  	 	59	  
		 	 (e)    Vesting requirements
	  	 	59	  
		 	 (f)     Top Heavy rules
	  	 	59	  
		 	 (g)    Nondiscrimination tests
	  	 	59	  
		 	 (h)    SIMPLE Compensation
	  	 	59	  

 SECTION 7 
 PARTICIPANT VESTING AND FORFEITURES 

							
	7.01	 	 Vesting of Contributions
	  	 	60	  
	7.02	 	 Vesting Schedules
	  	 	60	  
		 	 (a)    Normal vesting schedules
	  	 	60	  
		 	 (b)    Top Heavy vesting schedules
	  	 	61	  
		 	 (c)    Special vesting rules
	  	 	61	  
	7.03	 	 Year of Service
	  	 	61	  
		 	 (a)    Hours of Service
	  	 	61	  
		 	 (b)    Elapsed Time method
	  	 	62	  
	7.04	 	 Vesting Computation Period
	  	 	62	  
	7.05	 	 Excluded service
	  	 	62	  
		 	 (a)    Service before the Effective Date of the Plan
	  	 	62	  
		 	 (b)    Service before a specified age
	  	 	62	  
	7.06	 	 Service with Predecessor Employers
	  	 	63	  
	7.07	 	 Break in Service Rules
	  	 	63	  
		 	 (a)    Break in Service
	  	 	63	  
		 	 (b)    One-Year Break in Service rule
	  	 	63	  
		 	 (c)    Nonvested Participant Break in Service rule
	  	 	63	  
	7.08	 	 Amendment of Vesting Schedule
	  	 	63	  
	7.09	 	 Special Vesting Rule - In-Service Distribution When Account Balance is Less than 100% Vested
	  	 	64	  
	7.10	 	 Forfeiture of Benefits
	  	 	64	  
		 	 (a)    Cash-Out Distribution
	  	 	64	  
		 	 (b)    Five-Year Forfeiture Break in Service
	  	 	66	  
		 	 (c)    Missing Participant or Beneficiary
	  	 	66	  
		 	 (d)    Excess Deferrals, Excess Contributions, and Excess Aggregate Contributions
	  	 	67	  
	7.11	 	 Allocation of Forfeitures
	  	 	67	  
		 	 (a)    Reallocation as additional contributions under Profit Sharing and Profit Sharing/401(k) Plan
Adoption Agreements
	  	 	67	  
		 	 (b)    Reallocation as additional Employer Contributions under Money Purchase Plan Adoption
Agreement
	  	 	67	  
		 	 (c)    Reduction of contributions
	  	 	67	  
		 	 (d)    Payment of Plan expenses
	  	 	67	  
		 	 (e)    Forfeiture rules for prior contribution types
	  	 	67	  

  

			
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 SECTION 8 
 PLAN DISTRIBUTIONS 

									
	 8.01
	 	Deferred distributions	  	 	68	  
	 8.02
	 	Available Forms of Distribution	  	 	68	  
	 8.03
	 	Amount Eligible for Distribution	  	 	68	  
	 8.04
	 	Participant Consent	  	 	68	  
		 	(a)	 	Involuntary Cash-Out threshold	  	 	68	  
		 	(b)	 	Rollovers disregarded in determining value of Account Balance for Involuntary Cash-Outs	  	 	69	  
		 	(c)	 	Participant notice	  	 	69	  
		 	(d)	 	Special rules	  	 	69	  
	 8.05
	 	Direct Rollovers	  	 	69	  
		 	(a)	 	Definitions	  	 	69	  
		 	(b)	 	Direct Rollover notice	  	 	70	  
	 8.06
	 	Automatic Rollover	  	 	70	  
		 	(a)	 	Automatic Rollover requirements	  	 	70	  
		 	(b)	 	Involuntary Cash-Out Distribution	  	 	71	  
		 	(c)	 	Treatment of Rollover Contributions	  	 	71	  
	 8.07
	 	Distribution Upon Termination of Employment	  	 	71	  
		 	(a)	 	Account Balance not exceeding $5,000	  	 	71	  
		 	(b)	 	Account Balance exceeding $5,000	  	 	71	  
	 8.08
	 	Distribution Upon Death	  	 	71	  
		 	(a)	 	Death after commencement of benefits	  	 	71	  
		 	(b)	 	Death before commencement of benefits	  	 	71	  
		 	(c)	 	Determining a Participant’s Beneficiary	  	 	72	  
	 8.09
	 	Distribution to Disabled Employees	  	 	73	  
	 8.10
	 	In-Service Distributions	  	 	73	  
		 	(a)	 	After-Tax Contributions and Rollover Contributions	  	 	73	  
		 	(b)	 	Employer Contributions	  	 	73	  
		 	(c)	 	Salary Deferrals, QNECs, QMACs, and Safe Harbor Contributions	  	 	73	  
		 	(d)	 	Hardship distribution	  	 	74	  
	 8.11
	 	Sources of Distribution	  	 	75	  
		 	(a)	 	Exception for Hardship withdrawals	  	 	75	  
		 	(b)	 	Roth Deferrals	  	 	75	  
		 	(c)	 	In-kind distributions	  	 	76	  
	 8.12
	 	Required Minimum Distributions	  	 	76	  
		 	(a)	 	Death of Participant Before Distributions Begin	  	 	76	  
		 	(b)	 	Required Minimum Distributions during Participant’s lifetime	  	 	76	  
		 	(c)	 	Required Minimum Distributions After Participant’s Death	  	 	77	  
		 	(d)	 	Definitions	  	 	78	  
		 	(e)	 	Special Rules	  	 	79	  
		 	(f)	 	Transitional Rule	  	 	81	  
	 8.13
	 	Correction of Qualification Defects	  	 	81	  

 SECTION 9 
 JOINT AND SURVIVOR ANNUITY REQUIREMENTS 

									
	 9.01
	 	Application of Joint and Survivor Annuity Rules	  	 	82	  
		 	(a)	 	Money Purchase Plan	  	 	82	  
		 	(b)	 	Profit Sharing or Profit Sharing/401(k) Plan	  	 	82	  
		 	(c)	 	Exception to the Joint and Survivor Annuity Requirements	  	 	82	  
		 	(d)	 	Administrative procedures	  	 	82	  
		 	(e)	 	Accumulated deductible employee contributions	  	 	82	  
	 9.02
	 	Pre-Death Distribution Requirements	  	 	82	  
		 	(a)	 	Qualified Joint and Survivor Annuity (QJSA)	  	 	82	  
		 	(b)	 	Notice requirements	  	 	82	  
		 	(c)	 	Annuity Starting Date	  	 	83	  
	 9.03
	 	Distributions After Death	  	 	83	  
		 	(a)	 	Qualified Preretirement Survivor Annuity (QPSA)	  	 	83	  
		 	(b)	 	Notice requirements	  	 	83	  
	 9.04
	 	Qualified Election	  	 	83	  
		 	(a)	 	QJSA	  	 	84	  
		 	(b)	 	QPSA	  	 	84	  
	 9.05
	 	Transitional Rules	  	 	84	  

  

			
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		 	 (a)
	 	Automatic joint and survivor annuity	  	 	84	  
		 	 (b)
	 	Election of early survivor annuity	  	 	85	  
		 	 (c)
	 	Qualified Early Retirement Age	  	 	85	  

 SECTION 10 
 PLAN ACCOUNTING AND INVESTMENTS 

									
	 10.01
	 	Participant Accounts	  	 	86	  
	 10.02
	 	Valuation of Accounts	  	 	86	  
		 	(a)	 	Periodic valuation	  	 	86	  
		 	(b)	 	Daily valuation	  	 	86	  
	 10.03
	 	Adjustments to Participant Accounts	  	 	86	  
		 	(a)	 	Distributions and forfeitures from a Participant’s Account	  	 	86	  
		 	(b)	 	Life insurance premiums and dividends	  	 	86	  
		 	(c)	 	Contributions and forfeitures allocated to a Participant’s Account	  	 	86	  
		 	(d)	 	Net income or loss	  	 	86	  
	 10.04
	 	Share or unit accounting	  	 	87	  
	 10.05
	 	Suspense accounts	  	 	87	  
	 10.06
	 	Investments under the Plan	  	 	87	  
		 	(a)	 	Investment options	  	 	87	  
		 	(b)	 	Common/collective trusts and collectibles	  	 	87	  
		 	(c)	 	Limitations on the investment in Qualifying Employer Securities and Qualifying Employer Real Property	  	 	87	  
	10.07	 	Participant-directed investments	  	 	88	  
		 	(a)	 	Limits on participant investment direction	  	 	88	  
		 	(b)	 	Failure to direct investment	  	 	88	  
		 	(c)	 	Trustee to follow Participant direction	  	 	89	  
	10.08	 	Investment in Life Insurance	  	 	90	  
		 	(a)	 	Incidental Life Insurance Rules	  	 	90	  
		 	(b)	 	Ownership of Life Insurance Policies	  	 	90	  
		 	(c)	 	Evidence of Insurability	  	 	91	  
		 	(d)	 	Distribution of Insurance Policies	  	 	91	  
		 	(e)	 	Discontinuance of Insurance Policies	  	 	91	  
		 	(f)	 	Protection of Insurer	  	 	91	  
		 	(g)	 	No Responsibility for Act of Insurer	  	 	91	  
				
		 		 	SECTION 11	  			
		 		 	PLAN ADMINISTRATION AND OPERATION	  			
	 11.01
	 	Plan Administrator	  	 	92	  
	 11.02
	 	Designation of Alternative Plan Administrator	  	 	92	  
		 	(a)	 	Acceptance of responsibility by designated Plan Administrator	  	 	92	  
		 	(b)	 	Multiple alternative Plan Administrators	  	 	92	  
		 	(c)	 	Resignation or removal of designated Plan Administrator	  	 	92	  
		 	(d)	 	Employer responsibilities	  	 	92	  
		 	(e)	 	Indemnification of Plan Administrator	  	 	92	  
	 11.03
	 	Named Fiduciary	  	 	92	  
	 11.04
	 	Duties, Powers and Responsibilities of the Plan Administrator	  	 	92	  
		 	(a)	 	Delegation of duties, powers and responsibilities	  	 	92	  
		 	(b)	 	Specific Plan Administrator responsibilities	  	 	92	  
	11.05	 	Plan Administration Expenses	  	 	93	  
		 	(a)	 	Reasonable Plan administration expenses	  	 	93	  
		 	(b)	 	Plan expense allocation	  	 	93	  
		 	(c)	 	Expenses related to administration of former Employee or surviving spouse	  	 	93	  
	 11.06
	 	Qualified Domestic Relations Orders (QDROs)	  	 	94	  
		 	(a)	 	In general	  	 	94	  
		 	(b)	 	Definitions related to Qualified Domestic Relations Orders (QDROs)	  	 	94	  
		 	(c)	 	Recognition as a QDRO	  	 	94	  
		 	(d)	 	Contents of QDRO	  	 	94	  
		 	(e)	 	Impermissible QDRO provisions	  	 	94	  
		 	(f)	 	Immediate distribution to Alternate Payee	  	 	94	  
		 	(g)	 	Fee for QDRO determination	  	 	94	  
		 	(h)	 	Default QDRO procedure	  	 	94	  
	11.07	 	Claims Procedure	  	 	96	  
		 	(a)	 	Filing a claim	  	 	96	  
		 	(b)	 	Plan Administrator’s decision	  	 	96	  

  

			
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		 	(c)	 	Review procedure	  	 	96	  
		 	(d)	 	Decision on review	  	 	96	  
	 11.08
	 	Operational Rules for Short Plan Years	  	 	96	  
	 11.09
	 	Special Rules for Governmental Plans	  	 	97	  
		 	(a)	 	Definition of Governmental Plan	  	 	97	  
		 	(b)	 	Qualification provisions from which Governmental Plans are exempt	  	 	97	  
		 	(c)	 	No DROP Plan provisions	  	 	97	  
				
		 		 	SECTION 12	  			
		 		 	TRUST PROVISIONS	  			
	 12.01
	 	Establishment of Trust	  	 	98	  
	 12.02
	 	Types of Trustees	  	 	98	  
		 	(a)	 	Directed Trustee	  	 	98	  
		 	(b)	 	Discretionary Trustee	  	 	98	  
	 12.03
	 	Responsibilities of the Trustee	  	 	98	  
		 	(a)	 	Responsibilities regarding administration of Trust	  	 	99	  
		 	(b)	 	Responsibilities regarding investment of Plan assets	  	 	99	  
	 12.04
	 	Voting and Other Rights Related to Employer Stock	  	 	100	  
	 12.05
	 	Responsibilities of the Employer	  	 	101	  
	 12.06
	 	Effect of Plan Amendment	  	 	101	  
	 12.07
	 	More than One Trustee	  	 	101	  
	 12.08
	 	Annual Valuation	  	 	101	  
	 12.09
	 	Reporting to Plan Administrator and Employer	  	 	101	  
	 12.10
	 	Reasonable Compensation	  	 	101	  
	 12.11
	 	Resignation and Removal of Trustee	  	 	102	  
	 12.12
	 	Indemnification of Trustee	  	 	102	  
	 12.13
	 	Liability of Trustee	  	 	102	  
	 12.14
	 	Appointment of Custodian	  	 	102	  
	 12.15
	 	Modification of Trust Provisions	  	 	102	  
				
		 		 	SECTION 13	  			
		 		 	PARTICIPANT LOANS	  			
	 13.01
	 	Availability of Participant Loans	  	 	103	  
	 13.02
	 	Must be Available in Reasonably Equivalent Manner	  	 	103	  
	 13.03
	 	Loan Limitations	  	 	103	  
	 13.04
	 	Limit on Amount and Number of Loans	  	 	103	  
		 	(a)	 	Loan renegotiation	  	 	103	  
		 	(b)	 	Participant must be creditworthy	  	 	103	  
	 13.05
	 	Reasonable Rate of Interest	  	 	103	  
	 13.06
	 	Adequate Security	  	 	104	  
	 13.07
	 	Periodic Repayment	  	 	104	  
		 	(a)	 	Unpaid leave of absence	  	 	104	  
		 	(b)	 	Military leave	  	 	104	  
	 13.08
	 	Spousal Consent	  	 	104	  
	 13.09
	 	Designation of Accounts	  	 	104	  
	 13.10
	 	Procedures for Loan Default	  	 	105	  
	 13.11
	 	Termination of Employment	  	 	105	  
		 	(a)	 	Offset of outstanding loan	  	 	105	  
		 	(b)	 	Direct Rollover	  	 	105	  
		 	(c)	 	Modified loan policy	  	 	105	  
				
		 		 	SECTION 14	  			
		 		 	PLAN AMENDMENTS, TERMINATION, MERGERS AND TRANSFERS	  
	 14.01
	 	Plan Amendments	  	 	106	  
		 	(a)	 	Amendment by the Volume Submitter practitioner	  	 	106	  
		 	(b)	 	Amendment by the Employer	  	 	106	  
		 	(c)	 	Reduction of accrued benefit	  	 	107	  
		 	(d)	 	Effective Date of Plan Amendments	  	 	107	  
	 14.02
	 	Amendment to Correct Coverage or Nondiscrimination Violation	  	 	108	  
		 	(a)	 	Amendment within correction period under Treas. Reg. §1.401(a)(4)-11(g)	  	 	108	  
		 	(b)	 	Fail-Safe Coverage Provision	  	 	108	  
	 14.03
	 	Plan Termination	  	 	109	  
		 	(a)	 	Full and immediate vesting	  	 	109	  

  

			
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		 	(b)	 	Distribution upon Plan termination	  	 	109	  
		 	(c)	 	Termination upon merger, liquidation or dissolution of the Employer	  	 	110	  
	14.04	 	Merger or Consolidation	  	 	110	  
	14.05	 	Transfer of Assets	  	 	110	  
		 	(a)	 	Protected benefits	  	 	111	  
		 	(b)	 	Application of QJSA requirements	  	 	111	  
		 	(c)	 	Transfers from a Defined Benefit Plan, Money Purchase Plan or 401(k) Plan	  	 	111	  
		 	(d)	 	Qualified Transfer	  	 	111	  
		 	(e)	 	Trustee’s right to refuse transfer	  	 	112	  
				
		 		 	SECTION 15	  			
		 		 	MISCELLANEOUS	  			
	15.01	 	Exclusive Benefit	  	 	113	  
	15.02	 	Return of Employer Contributions	  	 	113	  
		 	(a)	 	Mistake of fact	  	 	113	  
		 	(b)	 	Disallowance of deduction	  	 	113	  
		 	(c)	 	Failure to initially qualify	  	 	113	  
	15.03	 	Alienation or Assignment	  	 	113	  
	15.04	 	Participants’ Rights	  	 	113	  
	15.05	 	Military Service	  	 	113	  
	15.06	 	Annuity Contract	  	 	113	  
	15.07	 	Use of IRS Compliance Programs	  	 	113	  
	15.08	 	Governing Law	  	 	114	  
	15.09	 	Waiver of Notice	  	 	114	  
	15.10	 	Use of Electronic Media	  	 	114	  
	15.11	 	Severability of Provisions	  	 	114	  
	15.12	 	Binding Effect	  	 	114	  
				
		 		 	SECTION 16	  			
		 		 	PARTICIPATING EMPLOYERS	  			
	16.01	 	Participation by Participating Employers	  	 	115	  
	16.02	 	Participating Employer Adoption Page	  	 	115	  
		 	(a)	 	Application of Plan provisions	  	 	115	  
		 	(b)	 	Plan amendments	  	 	115	  
		 	(c)	 	Trustee designation	  	 	115	  
	16.03	 	Compensation of Related Employers	  	 	115	  
	16.04	 	Allocation of Contributions and Forfeitures	  	 	115	  
	16.05	 	Discontinuance of Participation by a Participating Employer	  	 	115	  
	16.06	 	Operational Rules for Related Employer Groups	  	 	115	  
	16.07	 	Special rules for Multiple Employer Plans	  	 	116	  
		 	(a)	 	Eligibility requirements	  	 	116	  
		 	(b)	 	Vesting rules	  	 	116	  
		 	(c)	 	Code §415 Limit	  	 	116	  
		 	(d)	 	Top Heavy rules	  	 	116	  
		 	(e)	 	Minimum coverage and nondiscrimination testing	  	 	116	  
		 	(f)	 	Other rules applicable to Multiple Employer Plans	  	 	116	  
				
		 		 	APPENDIX A	  			
		 		 	ACTUARIAL FACTORS	  			
	Actuarial Factor Table	  	 	117	  
				
		 		 	APPENDIX B	  			
		 		 	INTERIM AMENDMENT #1	  			
	FINAL §415 AND §411(D)(6) REGULATIONS AND RELIEF FOR HURRICANES KATRINA, WILMA AND RITA	  
	B-1.01	 	Compliance with Plan Qualification Requirements	  	 	118	  
	B-2.01	 	Effective Date of Amendments	  	 	118	  
		 	(a)	 	Code §415 regulations	  	 	118	  
		 	(b)	 	Code §411(d)(6) regulations	  	 	118	  
		 	(c)	 	Hurricane Katrina, Wilma and Rita amendments	  	 	118	  
	B-3.01	 	Final Regulations Under Code §415	  	 	118	  
		 	(a)	 	Post-Severance Compensation	  	 	118	  
		 	(b)	 	Continuation payments for military service and disabled Participants	  	 	119	  
		 	(c)	 	Definition of Compensation	  	 	119	  

  

			
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		 	(d)	 	Few weeks rule	  	 	119	  
		 	(e)	 	Restorative payments	  	 	119	  
		 	(f)	 	Corrective provisions	  	 	119	  
		 	(g)	 	Change of Limitation Year	  	 	119	  
	 B-3.02
	 	Protection of Benefits under Code §411(d)(6)	  	 	119	  
		 	(a)	 	Amendment of vesting schedule	  	 	119	  
		 	(b)	 	Reduction of accrued benefit	  	 	120	  
	 B-3.03
	 	Special Distribution and Loan Rules for Participants Affected by Hurricanes Katrina, Rita, And Wilma	  	 	120	  
		 	(a)	 	In general	  	 	120	  
		 	(b)	 	Tax-favored withdrawals of Qualified Hurricane Distributions	  	 	120	  
		 	(c)	 	Recontributions of qualified hardship distributions	  	 	120	  
		 	(d)	 	Special loan rules	  	 	120	  
				
		 		 	APPENDIX C	  			
		 		 	INTERIM AMENDMENT #2	  			
		 		 	PENSION PROTECTION ACT OF 2006 (PPA)	  			
	 C-1.01
	 	Compliance with Pension Protection Act of 2006	  	 	122	  
	 C-2.01
	 	Qualification Requirements under PPA	  	 	122	  
		 	(a)	 	Vesting Requirements	  	 	122	  
		 	(b)	 	Direct Rollover by Non-Spouse Beneficiary	  	 	122	  
		 	(c)	 	Hardship Distributions	  	 	122	  
		 	(d)	 	Direct Rollover of Non-Taxable Amounts	  	 	123	  
		 	(e)	 	Rollovers to Roth IRA	  	 	123	  
		 	(f)	 	Distribution Notice Periods	  	 	123	  
		 	(g)	 	Content of Notice of a Participant’s Right to Defer Receipt of a Distribution	  	 	123	  
		 	(h)	 	Qualified Domestic Relations Orders	  	 	123	  
		 	(i)	 	Diversification Requirements for Defined Contribution Plans Invested in Employer Securities	  	 	123	  
		 	(j)	 	In-Service Distributions from Pension Plans	  	 	124	  
		 	(k)	 	Penalty-Free Withdrawals for Individuals Called to Active Duty	  	 	124	  
		 	(l)	 	Qualified Optional Survivor Annuity	  	 	125	  
	 C-2.02
	 	Special Rules for Eligible Automatic Contribution Arrangement	  	 	125	  
		 	(a)	 	Definition of Eligible Automatic Contribution Arrangement	  	 	125	  
		 	(b)	 	Permissible Withdrawals under Eligible Automatic Contribution Arrangement	  	 	126	  
		 	(c)	 	Expansion of corrective distribution period for Eligible Automatic Contribution Arrangements	  	 	127	  
		 	(d)	 	Preemption of state law	  	 	127	  
	 C-2.03
	 	Qualified Automatic Contribution Arrangements	  	 	127	  
		 	(a)	 	Automatic deferral	  	 	127	  
		 	(b)	 	Eligible Employees	  	 	127	  
		 	(c)	 	QACA Safe Harbor Contribution	  	 	128	  
		 	(d)	 	Distribution restrictions	  	 	128	  
		 	(e)	 	Annual notice	  	 	128	  
	 C-3.01
	 	Modifications to Rules Applicable to Corrective Distributions under ADP Test and ACP Test	  	 	128	  
		 	(a)	 	Elimination of “gap period” earnings	  	 	128	  
		 	(b)	 	Year of inclusion	  	 	129	  
	 C-3.02
	 	Gap Period Income for Corrective Distributions of Excess Deferrals	  	 	129	  
		 	(a)	 	Method of allocating gain or loss	  	 	129	  
		 	(b)	 	Alternative method of allocating taxable year gain or loss	  	 	129	  
		 	(c)	 	Alternative method for allocating plan year and gap period income	  	 	129	  
	 C-4.01
	 	Reasonable Normal Retirement Age	  	 	129	  
	 C-5.01
	 	IRS Guidance Relating to Plan Qualification Requirements	  	 	129	  
		 	(a)	 	Mid-Year Changes to Safe Harbor 401(k) Plan	  	 	129	  
		 	(b)	 	Partial Termination	  	 	129	  

  

			
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Section 1 – Plan Definitions 
  

 SECTION 1 
 PLAN DEFINITIONS 
 This Section contains definitions for common terms that are used
throughout the Plan. All capitalized terms under the Plan are defined in this Section or in the relevant section of the Plan document where such term is used. 
  

	1.01	Account. The separate Account maintained for each Participant under the Plan. Under the Profit Sharing/401(k) Plan, a Participant may have any (or all) of
the following separate Accounts: 

  

	 	•	Pre-Tax Salary Deferral Account 

  

	 	•	Roth Deferral Account 

  

	 	•	Employer Contribution Account 

  

	 	•	Matching Contribution Account 

  

	 	•	Qualified Nonelective Contribution (QNEC) Account 

  

	 	•	Qualified Matching Contribution (QMAC) Account 

  

	 	•	Safe Harbor Employer Contribution Account 

  

	 	•	Safe Harbor Matching Contribution Account 

  

	 	•	After-Tax Contribution Account 

  

	 	•	Rollover Contribution Account 

  

	 	•	Transfer Account 

 The Plan
Administrator may establish other Accounts, as it deems necessary, for the proper administration of the Plan. 
  

	1.02	Account Balance. Account Balance shall mean a Participant’s balances in all of the Accounts maintained by the Plan on his or her behalf.

  

	1.03	ACP Test (Actual Contribution Percentage Test). The special nondiscrimination test that applies to Matching Contributions and/or After-Tax Contributions
under the Profit Sharing/401(k) Plan. See Section 6.02(a). 

  

	1.04	Actuarial Factor. A Participant’s Actuarial Factor is used for purposes of determining the Participant’s allocation under the age-based
allocation formula under AA §6-3(e). See Section 3.02(a)(1)(v)(B). 

  

	1.05	Adoption Agreement (“Agreement”). The Adoption Agreement contains the elective provisions that an Employer may complete to supplement or modify
the provisions under the Plan. Each adopting Employer must complete and execute the Adoption Agreement. If the Plan covers Employees of an Employer other than the Employer that executes the Employer Signature Page of the Adoption Agreement, such
additional Employer(s) must execute a Participating Employer Adoption Page under the Adoption Agreement. (See Section 16 for rules applicable to adoption by Participating Employers.) An Employer may adopt more than one Adoption Agreement
associated with this Plan document. Each executed Agreement is treated as a separate Plan. 

  

	1.06	ADP Test (Actual Deferral Percentage Test). The special nondiscrimination test that applies to Salary Deferrals under the Profit Sharing/401(k) Plan. See
Section 6.01(a). 

  

	1.07	After-Tax Contributions. Employee Contributions that may be made to the Profit Sharing/401(k) Plan by a Participant that are included in the
Participant’s gross income in the year such amounts are contributed to the Plan and are maintained under a separate After-Tax Contribution Account to which earnings and losses are allocated. See Section 3.06. (For this purpose, Roth
Deferrals are not considered as After-Tax Contributions.) 

  

	1.08	Alternate Payee. A person designated to receive all or a portion of the Participant’s benefit pursuant to a QDRO. See Section 11.06.

  

	1.09	Anniversary Years. An alternative period for measuring Eligibility Computation Periods (under Section 2.03(a)(2)) and Vesting Computation Periods
(under Section 7.04). An Anniversary Year is any 12-month period which commences with the Employee’s Employment Commencement Date or which commences with the anniversary of the Employee’s Employment Commencement Date.

  

	1.10	Annual Additions. The amounts taken into account under a Defined Contribution Plan for purposes of applying the limitation on allocations under Code
§415. See Section 5.03(c)(1) for the definition of Annual Additions. 

  

	1.11	 Annuity Starting Date. The date an Employee commences distribution from the Plan. If a Participant commences distribution with respect to
a portion of his/her Account Balance, a separate Annuity Starting Date applies to any subsequent distribution. If 

  

			
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distribution is made in the form of an annuity, the Annuity Starting Date may be treated as the first day of the first period for which annuity payments are made. See Section 9.02(c).

  

	1.12	Automatic Rollover. For Involuntary Cash-Out Distributions (as defined in Section 8.06(b)) made on or after March 28, 2005, the Plan
Administrator will make a Direct Rollover to an individual retirement plan (IRA) designated by the Plan Administrator. See Section 8.06. 

  

	1.13	Average Contribution Percentage (ACP). The average of the contribution percentages for the Highly Compensated Employee Group and the Nonhighly Compensated
Employee Group, which are tested for nondiscrimination under the ACP Test. See Section 6.02(a)(1). 

  

	1.14	Average Deferral Percentage (ADP). The average of the deferral percentages for the Highly Compensated Employee Group and the Nonhighly Compensated
Employee Group, which are tested for nondiscrimination under the ADP Test. See Section 6.01(a)(1). 

  

	1.15	Beneficiary. A person designated by the Participant (or by the terms of the Plan) to receive a benefit under the Plan upon the death of the Participant.
See Section 8.08(c) for the applicable rules for determining a Participant’s Beneficiaries under the Plan. 

  

	1.16	Benefiting Participant. A Participant who receives an allocation of Employer Contributions or forfeitures as described in
Section 3.02(a)(1)(iv)(B)(II). See Section 3.02(a)(1)(iv)(B)(III) for special rules that apply where a Benefiting Participant does not receive the Minimum Gateway Contribution described in Section 3.02(a)(1)(iv)(B)(III)(a) under the
new comparability allocation formula. 

  

	1.17	Break in Service. The Computation Period (as defined in Section 2.03(a)(2) for purposes of eligibility and Section 7.04 for purposes of vesting)
during which an Employee does not complete more than five hundred (500) Hours of Service with the Employer. However, if the Employer elects under AA §4-3(a) or AA §8-7(a) to require less than 1,000 Hours of Service to earn a Year of
Service for eligibility or vesting purposes, a Break in Service will occur for any Computation Period during which the Employee does not complete more than one-half (1/2) of the Hours of Service required to earn a Year of Service for
eligibility or vesting purposes, as applicable. (See Section 2.07 for a discussion of the eligibility Break in Service rules and Section 7.07 for a discussion of the vesting Break in Service rules.) 

 

	1.18	Cash-Out Distribution. A total distribution made to a terminated Participant in accordance with Section 7.10(a). 

 

	1.19	Catch-Up Contributions. Salary Deferrals made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who
are aged 50 or over by the end of their taxable years. See Section 3.03(d). 

  

	1.20	Catch-Up Contribution Limit. The annual limit applicable to Catch-Up Contributions as set forth in Section 3.03(d)(1). 

 

	1.21	Code. The Internal Revenue Code of 1986, as amended. 

  

	1.22	Code §415 Limitation. The limit on the amount of Annual Additions a Participant may receive under the Plan during a Limitation Year. See
Section 5.03. 

  

	1.23	Collectively Bargained Employee. An Employee who is included in a unit of Employees covered by a collective bargaining agreement between the Employer and
Employee representatives and whose retirement benefits are subject to good faith bargaining. Such Employees may be excluded from the Plan if designated under AA §3-1(b). See Section 2.02(b)(1) for additional requirements related to the
exclusion of Collectively Bargained Employees. 

  

	1.24	Compensation Limit. The maximum amount of compensation that can be taken into account for any Plan Year for purposes of determining a Participant’s
Plan Compensation. For Plan Years beginning on or after January 1, 1994, and before January 1, 2002, the Compensation Limit taken into account for determining benefits provided under the Plan for any Plan Year is $150,000, as adjusted for
increases in cost-of-living in accordance with Code §401(a)(17)(B). For any Plan Years beginning on or after January 1, 2002, the Compensation Limit is $200,000, as adjusted for cost-of-living increased in accordance with Code
§401(a)(17)(B). In determining the Compensation Limit for any applicable period (the “determination period”), the cost-of-living adjustment in effect for a calendar year applies to any determination period that begins with or within
such calendar year. 

 If a determination period consists of fewer than 12 months, the Compensation Limit for such
period is an amount equal to the otherwise applicable Compensation Limit multiplied by a fraction, the numerator of which is the number of months in the short determination period, and the denominator of which is 12. A determination period will not
be considered to be less than 12 months merely because compensation is taken into account only for the period the Employee is a Participant. If Salary Deferrals, Matching Contributions, or After-Tax Contributions are separately determined on the
basis of specified periods 

  

			
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within the determination period (e.g., on the basis of payroll periods), no proration of the Compensation Limit is required with respect to such contributions. 

If compensation for any prior determination period is taken into account in determining a Participant’s allocations for the current
Plan Year, the compensation for such prior determination period is subject to the applicable Compensation Limit in effect for that prior period. For this purpose, in determining allocations in Plan Years beginning on or after January 1, 1989,
the Compensation Limit in effect for determination periods beginning before that date is $200,000. In addition, in determining allocations in Plan Years beginning on or after January 1, 1994, the Compensation Limit in effect for determination
periods beginning before that date is $150,000. 
 In determining the amount of a Participant’s Salary Deferrals under the
Profit Sharing/401(k) Plan, a Participant may defer with respect to Plan Compensation that exceeds the Compensation Limit, provided the total deferrals made by the Participant satisfy the Elective Deferral Dollar Limit and any other limitations
under the Plan. 
  

	1.25	Computation Period. The 12-consecutive month period used for measuring whether an Employee completes a Year of Service for eligibility or vesting
purposes. 

  

	 	(a)	Eligibility Computation Period. The 12-consecutive month period used for measuring Years of Service for eligibility purposes. See Section 2.03(a)(2).

  

	 	(b)	Vesting Computation Period. The 12-consecutive month period used for measuring Years of Service for vesting purposes. See Section 7.04.

  

	1.26	Current Year Testing Method. A method for applying the ADP Test and/or the ACP Test under the Profit Sharing/401(k) Plan wherein the Salary Deferrals
taken into account under the ADP Test and the Matching Contributions and/or After-Tax Contributions taken into account under the ACP Test are based on deferrals and contributions in the current Plan Year. See Section 6.01(a) for a discussion of
the Current Year Testing Method under the ADP Test and Section 6.02(a) for a discussion of the Current Year Testing Method under the ACP Test. 

  

	1.27	Custodian. An organization that has custody of all or any portion of the Plan assets. See Section 12.14. 

 

	1.28	Defined Benefit Plan. A plan under which a Participant’s benefit is based solely on the Plan’s benefit formula without the establishment of
separate Accounts for Participants. 

  

	1.29	Defined Contribution Plan. A plan that provides for individual Accounts for each Participant to which all contributions, forfeitures, income, expenses,
gains and losses under the Plan are credited or deducted. A Participant’s benefit under a Defined Contribution Plan is based solely on the fair market value of his/her vested Account Balance. 

 

	1.30	Designated Beneficiary. A Beneficiary who is designated by the Participant (or by the terms of the Plan) and whose life expectancy is taken into account
in determining minimum distributions under Code §401(a)(9) and Treas. Reg. §1.401(a)(9)-4. See Section 8.12(d)(1). 

  

	1.31	Determination Date. The date as of which the Plan is tested for Top Heavy purposes. See Section 4.03(c). 

 

	1.32	Determination Year. The Plan Year for which an Employee’s status as a Highly Compensated Employee is being determined. See Section 1.66.

  

	1.33	Directed Account. The Plan assets under a Trust which are held for the benefit of a specific Participant. See Section 10.03(d)(2).

  

	1.34	Directed Trustee. A Trustee is a Directed Trustee to the extent that the Trustee’s investment powers are subject to the direction of another person.
See Section 12.02(a). 

  

	1.35	Direct Rollover. A rollover, at the Participant’s direction, of all or a portion of the Participant’s vested Account Balance directly to an
Eligible Retirement Plan. See Section 8.05. 

  

	1.36	Disabled. Unless modified under AA §9-4(b), an individual is considered Disabled for purposes of applying the provisions of this Plan if the
individual is unable to engage in any substantial gainful activity by reason of a medically determinable physical or mental impairment that can be expected to result in death or which has lasted or can be expected to last for a continuous period of
not less than 12 months. The permanence and degree of such impairment shall be supported by medical evidence. The Plan Administrator may establish reasonable procedures for determining whether a Participant is Disabled. 

  

			
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	1.37	Discretionary Trustee. A Trustee is a Discretionary Trustee to the extent the Trustee has exclusive authority and discretion to invest, manage or control
the Plan assets without direction from any other person. See Section 12.02(b). 

  

	1.38	Distribution Calendar Year. A calendar year for which a minimum distribution is required. See Section 8.12(d)(2). 

 

	1.39	Early Retirement Age. The age and/or Years of Service set forth in AA §7-2. Early Retirement Age may be used to determine distribution rights and/or
vesting rights. If a Participant separates from service before satisfying the age requirement for early retirement, but has satisfied the service requirement, the Participant will be entitled to elect an early retirement benefit upon satisfaction of
such age requirement. The Plan is not required to have an Early Retirement Age. 

  

	1.40	Earned Income. Earned Income is the net earnings from self-employment in the trade or business with respect to which the Plan is established, and for
which personal services of the individual are a material income-producing factor. Net earnings will be determined without regard to items not included in gross income and the deductions allocable to such items. Net earnings are reduced by
contributions by the Employer to a qualified plan to the extent deductible under Code §404. Net earnings shall be determined after the deduction allowed to the taxpayer by Code §164(f). 

 

	1.41	Effective Date. The date this Plan, including any restatement or amendment of this Plan, is effective. The Effective Date of the Plan is designated on the
Employer Signature Page under the Adoption Agreement. See Section 14.01(d) for special rules concerning the retroactive effective date of provisions under the Plan designed to comply with the requirements of the Economic Growth and Tax Relief
Reconciliation Act of 2001 (EGTRRA). 

  

	1.42	Elapsed Time. A special method for crediting service for eligibility or vesting. See Section 2.03(a)(5) for more information on the Elapsed Time
method of crediting service for eligibility purposes and Section 7.03(b) for more information on the Elapsed Time method of crediting service for vesting purposes. Also see Section 3.09 for information on the Elapsed Time method for
allocation conditions. 

  

	1.43	Elective Deferral Dollar Limit. The maximum amount of Elective Deferrals a Participant may make for any calendar year. See Section 5.02.

  

	1.44	Elective Deferrals. A Participant’s Elective Deferrals is the sum of all Salary Deferrals (as defined in Section 1.118) and other contributions
made pursuant to a Salary Deferral Election under a SARSEP described in Code §408(k)(6), a SIMPLE IRA plan described in Code §408(p), a plan described under Code §501(c)(18), and a custodial account or other arrangement described in
Code §403(b). Elective Deferrals shall not include any amounts properly distributed as an Excess Amount under Code §415. 

  

	1.45	Eligible Employee. An Employee who is not excluded from participation under Section 2.02 of the Plan or AA §3-1. 

 

	1.46	Eligible Retirement Plan. A qualified retirement plan or IRA that may receive a rollover contribution. See Section 8.05(a)(2).

  

	1.47	Eligible Rollover Distribution. An amount distributed from the Plan that is eligible for rollover to an Eligible Retirement Plan. See
Section 8.05(a)(1). 

  

	1.48	Employee. An Employee is any individual employed by the Employer (including any Related Employers). An independent contractor is not an Employee. An
Employee is not eligible to participate under the Plan if the individual is not an Eligible Employee under Section 2.02. For purposes of applying the provisions under this Plan, a Self-Employed Individual is treated as an Employee. A Leased
Employee is also treated as an Employee of the recipient organization, as provided in Section 2.02(b)(3). 

  

	1.49	Employer. Except as otherwise provided, Employer means the Employer that adopts this Plan and any Related Employer. (See Section 2.02(c) for rules
regarding coverage of Employees of Related Employers. Also see Section 16 for rules that apply to Employers that execute a Participating Employer Adoption Page.) 

 

	1.50	Employer Contributions. Contributions the Employer makes pursuant to AA §6. Under the Profit Sharing/401(k) Plan, Employer Contributions also include
any QNECs the Employer makes pursuant to AA §6-4 and any Safe Harbor Employer Contributions the Employer makes pursuant to AA §6C of the Profit Sharing/401(k) Plan Adoption Agreement. See Section 3.02. 

 

	1.51	Employment Commencement Date. The date the Employee first performs an Hour of Service for the Employer. 

 

	1.52	Entry Date. The date on which an Employee becomes a Participant upon satisfying the Plan’s minimum age and service conditions. See
Section 2.03(b). 

  

	1.53	Equivalency Method. An alternative method for crediting Hours of Service for purposes of eligibility and vesting. See Section 2.03(a)(4) for
eligibility provisions and Section 7.03(a)(2) for vesting provisions. 

  

			
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	1.54	ERISA. The Employee Retirement Income Security Act of 1974, as amended. 

 

	1.55	Excess Aggregate Contributions. Amounts which are distributed to correct the ACP Test. See Section 6.02(b)(1). 

 

	1.56	Excess Amount. Amounts which exceed the Code §415 Limitation. See Section 5.03(c)(4). 

 

	1.57	Excess Compensation. The amount of Plan Compensation that exceeds the Integration Level for purposes of applying the permitted disparity allocation
formula. See Section 3.02(a)(1)(ii) (Profit Sharing/401(k) Plan) and Section 3.02(b)(2) (Money Purchase Plan). 

  

	1.58	Excess Contributions. Amounts which are distributed to correct the ADP Test. See Section 6.01(b)(1). 

 

	1.59	Excess Deferrals. Elective Deferrals that exceed the Elective Deferral Dollar Limit (as defined in Section 5.02). (See Section 5.02(b) for rules
regarding the correction of Excess Deferrals.) 

  

	1.60	Fail-Safe Coverage Provision. A correction provision that permits the Plan to automatically correct a coverage violation resulting from the application of
a last day of employment or Hours of Service allocation condition. See Section 14.02. 

  

	1.61	Family Members. For purposes of applying the new comparability allocation formula under AA §6-3(d), Family Members include the spouse, children,
parents and grandparents of a Five-Percent Owner, as defined in Section 1.66(a). See Section 3.02(a)(1)(iv)(B)(I). 

  

	1.62	Favorable IRS Letter. An advisory letter issued by the IRS to a Volume Submitter Sponsor as to the qualified status of a Volume Submitter Plan.

  

	1.63	General Trust Account. The Plan assets under a Trust which are held for the benefit of all Plan Participants as a pooled investment. See
Section 10.03(d)(1). 

  

	1.64	Governmental Plan. A Plan maintained by a Government entity that is exempt from ERISA (as designated under AA §1-3). A Governmental Plan is exempt
from certain Plan qualification requirements, as described in Section 11.09. 

  

	1.65	Hardship. A heavy and immediate financial need which meets the requirements of Section 8.10(d). 

 

	1.66	Highly Compensated. An Employee or Participant is Highly Compensated for a Plan Year if he/she is a Five-Percent Owner (as defined in subsection (a)) or
has Total Compensation above the compensation limit (as defined in subsection (b)). 

  

	 	(a)	Five-Percent Owner. An individual is Highly Compensated if at any time during the Determination Year or Lookback Year, such individual owns (or is
considered as owning within the meaning of Code §318) more than 5 percent of the outstanding stock of the Employer or stock possessing more than 5 percent of the total combined voting power of all stock of the Employer. If the Employer is not a
corporation, an individual is treated as Highly Compensated if such individual owns more than 5 percent of the capital or profits interest of the Employer. 

 

	 	(b)	Compensation limit. An individual is Highly Compensated if at any time during the Lookback Year, such individual has Total Compensation from the Employer
in excess of $80,000 (as adjusted) and, if elected under AA §11-2, is in the Top Paid Group, as defined in subsection (f) below. The $80,000 amount is adjusted at the same time and in the same manner as under Code §415(d), except that
the base period is the calendar quarter ending September 30, 1996. 

 In determining whether an Employee or
Participant is Highly Compensated, the following definitions apply: 
  

	 	(c)	Determination Year. The Determination Year is the Plan Year for which the Highly Compensated determination is being made. 

 

	 	(d)	Lookback Year. The Lookback Year is the 12-month period immediately preceding the Determination Year. If the Plan Year is not the calendar year, the
Employer may elect in AA §11-2(c) to use the calendar year that begins in the Lookback Year. This election to use the calendar year as the Lookback Year only applies for purposes of applying the compensation limit under subsection
(b) above and not for purposes of applying the Five-Percent Owner test in subsection (a) above. 

  

	 	(e)	Total Compensation. Total Compensation as defined under Section 1.127. 

 

	 	(f)	 Top Paid Group. The Top Paid Group is the top 20% of Employees ranked by Total Compensation. In determining the Top Paid Group, the
Employer may use any reasonable method of rounding or tie-breaking. In determining the 

  

			
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number of Employees in the Top Paid Group, the Employer may exclude Employees described in Code §414(q)(5) or applicable regulations. 

 

	1.67	Highly Compensated Group. The group of Highly Compensated Employees who are included in the ADP Test and/or the ACP Test. See Sections 6.01(a) and
6.02(a). 

  

	1.68	Hour of Service. Each Employee of the Employer will receive credit for each Hour of Service he/she works for purposes of applying the eligibility and
vesting rules under the Plan. An Employee will not receive credit for the same Hour of Service under more than one category listed below. 

  

	 	(a)	Performance of duties. Hours of Service include each hour for which an Employee is paid, or entitled to payment, for the performance of duties for the
Employer. These hours will be credited to the Employee for the computation period in which the duties are performed. 

  

	 	(b)	Nonperformance of duties. Hours of Service include each hour for which an Employee is paid, or entitled to payment, by the Employer on account of a period
of time during 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. No more
than 501 hours of service will be credited under this paragraph for any single continuous period (whether or not such period occurs in a single Computation Period). Hours under this paragraph will be calculated and credited pursuant to
§2530.200b-2 of the Department of Labor Regulations which is incorporated herein by this reference. 

  

	 	(c)	Back pay award. Hours of Service include 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 will not be credited both under subsection (a) or subsection (b), as the case may be, and under this subsection (c). These hours will be credited to the Employee for the Computation Period(s) to which the
award or agreement pertains rather than the Computation Period(s) in which the award, agreement or payment is made. 

  

	 	(d)	Related Employers/Leased Employees. Hours of Service will be credited for employment with any Related Employer. Hours of Service also include hours
credited as a Leased Employee or as an employee under Code §414(o). 

  

	 	(e)	Maternity/paternity leave. Solely for purposes of determining whether a Break in Service has occurred in a Computation Period, an individual who is absent
from work for maternity or paternity reasons will receive credit for the Hours of Service which would otherwise have been credited to such individual but for such absence, or in any case in which such hours cannot be determined, 8 Hours of Service
per day of such absence. For purposes of this paragraph, an absence from work for maternity or paternity reasons means an absence (1) by reason of the pregnancy of the individual, (2) by reason of a birth of a child of the individual,
(3) by reason of the placement of a child with the individual in connection with the adoption of such child by such individual, or (4) for purposes of caring for such child for a period beginning immediately following such birth or
placement. The Hours of Service credited under this paragraph will be credited (1) in the Computation Period in which the absence begins if the crediting is necessary to prevent a Break in Service in that period, or (2) in all other cases,
in the following Computation Period. 

  

	1.69	Insurer. An insurance company that issues a life insurance policy on behalf of a Participant under the Plan in accordance with the requirements under
Section 10.08. 

  

	1.70	Integration Level. The amount used for purposes of applying the permitted disparity allocation formula. The Integration Level is the Taxable Wage Base,
unless the Employer designates a different amount under the Adoption Agreement. See Section 3.02(a)(1)(ii) (Profit Sharing/401(k) Plan) and Section 3.02(b)(2) (Money Purchase Plan). 

 

	1.71	Key Employee. Employees who are taken into account for purposes of determining whether the Plan is a Top Heavy Plan. See Section 4.03(a).

  

	1.72	Leased Employee. An individual who performs services for the Employer pursuant to an agreement between the Employer and a leasing organization, and who
satisfies the definition of a Leased Employee under Code §414(n). See Section 2.02(b)(3) for rules regarding the treatment of a Leased Employee as an Employee of the Employer. 

 

	1.73	Limitation Year. The measuring period for determining whether the Plan satisfies the Code §415 Limitation under Section 5.03. See
Section 5.03(c)(5). 

  

	1.74	Lookback Year. The 12-month period immediately preceding the current Plan Year during which an Employee’s status as Highly Compensated Employee is
determined. See Section 1.66(d). 

  

			
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	1.75	Matching Contributions. Matching Contributions are contributions made by the Employer on behalf of a Participant on account of Salary Deferrals or
After-Tax Contributions made by such Participant, as designated under AA §6B of the Profit Sharing/401(k) Plan Adoption Agreement. Matching Contributions may only be made under the Profit Sharing/401(k) Plan. Matching Contributions also include
any QMACs the Employer makes pursuant to AA §6B-4 of the Profit Sharing/401(k) Plan Adoption Agreement and any Safe Harbor Matching Contributions the Employer makes pursuant to AA §6C of the Profit Sharing/401(k) Plan Adoption Agreement.
See Section 3.04. 

 A contribution will not be considered a Matching Contribution if such contribution is
contributed before the underlying Salary Deferral or After-Tax Contribution election is made or before an Employee performs the services with respect to which the underlying Salary Deferrals or After-Tax Contributions are made (or when the cash that
is subject to such election would be currently available, if earlier). A Matching Contribution will not be treated as failing to satisfy the requirements of this paragraph merely because contributions are occasionally made before the Employee
performs the services with respect to which the underlying Salary Deferral or After-Tax Contribution election is made (or when the cash that is subject to such elections would be currently available, if earlier) in order to accommodate bona fide
administrative considerations (and such amounts are not paid early for the principal purpose of accelerating deductions). 
  

	1.76	Maximum Disparity Rate. The maximum amount that may be allocated with respect to Excess Compensation under the permitted disparity allocation formula. See
Section 3.02(a)(1)(ii) (Profit Sharing/401(k) Plan) and Section 3.02(b)(2) (Money Purchase Plan). 

  

	1.77	Minimum Gateway Contribution. The minimum allocation described in Section 3.02(a)(1)(iv)(B)(III)(a) that must be provided to each Benefiting
Participant (as defined in Section 1.16) in order to use cross-testing to demonstrate compliance with the nondiscrimination requirements under Treas. Reg. §1.401(a)(4)-8. 

 

	1.78	Multiple Employer Plan. A Plan that covers Employees of an Employer that does not qualify as a Related Employer. To be a Multiple Employer Plan, an
unrelated Employer must execute a Participating Employer Adoption Page. See Section 16.07 for special rules that apply to Multiple Employer Plans. 

  

	1.79	Net Profits. The Employer may elect to limit any Employer Contribution under the Plan to Net Profits. Unless modified in the Agreement, Net Profits means
the Employer’s net income or profits determined in accordance with generally accepted accounting principles, without any reduction for taxes based upon income, or contributions made by the Employer under this Plan or any other qualified plan.

  

	1.80	Nonhighly Compensated. An Employee or Participant who is not a Highly Compensated Employee. See Section 1.66 for the definition of Highly Compensated
Employee. 

  

	1.81	Nonhighly Compensated Group. The group of Nonhighly Compensated Employees included in the ADP Test and/or the ACP Test. See Sections 6.01(a) and 6.02(a).

  

	1.82	Nonvested Participant Break in Service. Break in Service rule that applies for eligibility and vesting under Sections 2.07(b) and 7.07(c).

  

	1.83	Non-Key Employee. Any Employee who is not a Key Employee. See Section 4.03(b). 

 

	1.84	Normal Retirement Age. The age selected under AA §7-1. If a Participant’s Normal Retirement Age is determined wholly or partly with reference to
an anniversary of the date the Participant commenced participation in the Plan and/or the Participant’s Years of Service, Normal Retirement Age is the Participant’s age when such requirements are satisfied. If the Employer enforces a
mandatory retirement age, the Normal Retirement Age is the lesser of that mandatory age or the age specified in the Adoption Agreement. 

  

	1.85	Participant. Except as provided under AA §3-1, a Participant is an Employee (or former Employee) who has satisfied the conditions for participating
under the Plan, as described in Section 2.03 and AA §4-1. A Participant also includes any Employee (or former Employee) who has an Account Balance under the Plan, including an Account Balance derived from a rollover or transfer from
another qualified plan or IRA. A Participant is entitled to share in an allocation of contributions or forfeitures under the Plan for a given year only if the Participant is an Eligible Employee as defined in Section 2.02, and satisfies the
allocation conditions set forth in Section 3.09. 

 An Employee is treated as a Participant with respect to
Salary Deferrals and After-Tax Contributions made under the Profit Sharing/401(k) Plan Adoption Agreement once the Employee has satisfied the eligibility conditions under AA §4-1 for making such contributions, even if the Employee chooses not
to actually make such contributions to the Plan. An Employee is treated as a Participant with respect to Matching Contributions once the Employee has satisfied the eligibility conditions under AA §4-1 for receiving such contributions, even if
the Employee does not receive a Matching Contribution because of the Employee’s failure to make contributions eligible for the Matching Contribution. 

  

			
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	1.86	Participating Employer. An Employer that adopts this Plan by executing the Participating Employer Adoption Page under the Adoption Agreement. See
Section 16 for the rules applicable to contributions and deductions for contributions made by a Participating Employer. 

  

	1.87	Participating Employer Adoption Page. The signature page in the Adoption Agreement for a Related Employer to adopt the Plan as a Participating Employer.

  

	1.88	Period of Severance. A continuous period of time during which the Employee is not employed by the Employer and which is used to determine an
Employee’s Participation under the Elapsed Time method. See Section 2.03(a)(5) for rules regarding eligibility and Section 7.03(b) for rules regarding vesting. 

 

	1.89	Permissive Aggregation Group. Plans that are not required to be aggregated to determine whether the Plan is a Top Heavy Plan. See Section 4.03(d).

  

	1.90	Plan. The Plan is the retirement plan established or continued by the Employer for the benefit of its Employees under this Plan document. The Plan
consists of the basic plan document and the elections made under the Adoption Agreement. The basic plan document is the portion of the Plan that contains the non-elective provisions. The Employer may supplement or modify the basic plan document
through its elections in the Adoption Agreement or by separate governing documents that are expressly authorized by the Plan. If the Employer adopts more than one Adoption Agreement under this Plan, then each executed Adoption Agreement represents a
separate Plan. 

  

	1.91	Plan Administrator. The Plan Administrator is the person designated to be responsible for the administration and operation of the Plan. Unless otherwise
designated by the Employer, the Plan Administrator is the Employer. If another Employer has executed a Participating Employer Adoption Page, the Employer referred to in this Section is the Employer that executes the Employer Signature Page of the
Adoption Agreement. 

  

	1.92	Plan Compensation. Plan Compensation is Total Compensation, as modified under AA §5-2, which is actually paid to an Employee during the determination
period (as defined in subsection (a) below). In determining Plan Compensation, the Employer may elect under AA §5-2(b) to exclude all Elective Deferrals (as defined in Section 1.44), pre-tax contributions to a cafeteria plan or a Code
§457 plan, and qualified transportation fringes under Code§132(f)(4). In addition, the Employer may elect under AA §5-2 to exclude other designated elements of compensation. 

Plan Compensation generally includes amounts an Employee earns with a Participating Employer and amounts earned with a Related Employer
(even if the Related Employer has not executed a Participating Employer Adoption Page under the Adoption Agreement). However, the Employer may elect under AA §5-2(h) to exclude all amounts earned with a Related Employer that has not executed a
Participating Employer Adoption Page. 
 If Plan Compensation is also used as Testing Compensation for purposes of demonstrating
compliance with the nondiscrimination requirements under Code §401(a)(4), additional nondiscrimination testing may be required. (See the discussion under Testing Compensation in Section 1.123.) 

If the Plan provides for Employer Contributions using a permitted disparity allocation method or if the Plan is a Safe Harbor 401(k)
Plan, the compensation used for Plan Compensation must meet a safe harbor definition of compensation as set forth in Treas. Reg. §1.414(s)-1(c)(3). Therefore, any exclusions from Plan Compensation under AA §5-2(e) – (k) (other
than AA §5-2(i)) will apply only to Highly Compensated Employees for purposes of determining allocations under the permitted disparity allocation method or for purposes of applying the Safe Harbor 401(k) Plan provisions under Section 6.04.
The Employer may elect to restrict any of the exclusions under AA §5-2 solely to Highly Compensated Employees by designating such restriction in AA §5-2(k). 
 In no case may Plan Compensation for any Participant exceed the Compensation Limit (as defined in Section 1.24). 
  

	 	(a)	Determination period. Unless designated otherwise under AA §5-3(a), Plan Compensation is determined based on the Plan Year. Alternatively, the
Employer may elect under AA §5-3 to determine Plan Compensation on the basis of the calendar year ending in the Plan Year or any other 12-month period ending in the Plan Year. If the determination period is the calendar year or other 12-month
period ending in the Plan Year, for any Employee whose date of hire is less than 12 months before the end of the designated 12-month period, Plan Compensation will be determined over the Plan Year. 

 

	 	(b)	Partial period of participation. If an Employee is a Participant for only part of a Plan Year, Plan Compensation may be determined over the entire Plan
Year or over the period during which such Employee is a Participant. In determining whether an Employee is a Participant for purposes of applying this subsection (b), the Employee’s status will be determined solely with respect to the
contribution type for which the definition of Plan Compensation is being 

  

			
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determined. Plan Compensation does not include any amounts earned for any period while an individual is not an Eligible Employee (as defined in Section 2.02). 

 

	1.93	Plan Year. The 12-consecutive month period designated under AA §2-4 on which the records of the Plan are maintained. If the Plan Year is amended to
create a Short Plan Year or if a new Plan has an initial Short Plan Year, the Employer may document such Short Plan Year under AA §2-4(c). (See Section 11.08 for special rules that apply to Short Plan Years.) 

 

	1.94	Predecessor Employer. An employer that previously employed the Employees of the Employer. See Sections 2.06 (eligibility), 3.09(d) (allocation conditions)
and 7.06 (vesting) for the rules regarding the crediting of service with a Predecessor Employer. 

  

	1.95	Predecessor Plan. A Predecessor Plan is a qualified plan maintained by the Employer that is terminated within the 5-year period immediately preceding or
following the establishment of this Plan. A Participant’s service under a Predecessor Plan must be counted for purposes of determining the Participant’s vested percentage under the Plan. See Section 7.05(a). 

 

	1.96	Pre-Tax Deferrals. Pre-tax Deferrals are a Participant’s Salary Deferrals that are not includible in the Participant’s gross income at the time
deferred. 

  

	1.97	Prevailing Wage Formula. The Employer may elect under AA §6-2 to provide an Employer Contribution for each Participant who performs Prevailing Wage
Service. (See Sections 3.02(a)(4) and 3.02(b)(6) for special rules regarding the application of the Prevailing Wage Formula.) 

  

	1.98	Prevailing Wage Service. A Participant’s service used to apply the Prevailing Wage Formula under Sections 3.02(a)(4) and 3.02(b)(6). Prevailing Wage
Service is any service performed by an Employee under a public contract subject to the Davis-Bacon Act or to any other federal, state or municipal prevailing wage law. 

 

	1.99	Prior Year Testing Method. A method for applying the ADP Test and/or the ACP Test under the Profit Sharing/401(k) Plan. See Section 6.01(a) for a
discussion of the Prior Year Testing Method under the ADP Test and Section 6.02(a) for a discussion of the Prior Year Testing Method under the ACP Test. 

 

	1.100	Qualified Domestic Relations Order (QDRO). A domestic relations order that provides for the payment of all or a portion of the Participant’s benefits
to an Alternate Payee and satisfies the requirements under Code §414(p). See Section 11.06. 

  

	1.101	Qualified Election. An election to waive the QJSA or QPSA under the Plan. See Section 9.04. 

 

	1.102	Qualified Joint and Survivor Annuity (QJSA). A QJSA is an immediate annuity payable over the life of the Participant with a survivor annuity payable over
the life of the spouse. If the Participant is not married as of the Annuity Starting Date, the QJSA is an immediate annuity payable over the life of the Participant. See Section 9.02(a). 

 

	1.103	Qualified Matching Contribution (QMAC). A Matching Contribution made by the Employer that satisfies the requirements under Section 3.04(d).

  

	1.104	Qualified Nonelective Contribution (QNEC). An Employer Contribution made by the Employer that satisfies the requirements under Section 3.02(a)(5).

  

	1.105	Qualified Preretirement Survivor Annuity (QPSA). A QPSA is an annuity payable over the life of the surviving spouse that is purchased using 50% of the
Participant’s vested Account Balance as of the date of death. The Employer may modify the 50% QPSA level under AA §9-2. See Section 9.03(a). 

 

	1.106	Qualified Transfer. A transfer of assets that satisfies the requirements under Section 14.05(d). 

 

	1.107	Reemployment Commencement Date. The first date upon which an Employee is credited with an Hour of Service following a Break in Service (or Period of
Severance, if the Plan is using the Elapsed Time method of crediting service). 

  

	1.108	Related Employer. A Related Employer includes all members of a controlled group of corporations (as defined in Code §414(b)), all commonly controlled
trades or businesses (as defined in Code §414(c)) or affiliated service groups (as defined in Code §414(m)) of which the Employer is a part, and any other entity required to be aggregated with the Employer pursuant to regulations under
Code §414(o). For purposes of applying the provisions under this Plan, the Employer and any Related Employers are treated as a single Employer, unless specifically stated otherwise. See Section 16.06 for operating rules that apply when the
Employer is a member of a Related Employer group. Also see Section 16 for rules regarding participation of Employees of Related Employers. 

  

			
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	1.109	Required Aggregation Group. Plans which must be aggregated for purposes of determining whether the Plan is a Top Heavy Plan. See Section 4.03(e).

  

	1.110	Required Beginning Date. The date by which minimum distributions must commence under the Plan. See Section 8.12(d)(5). 

 

	1.111	Rollover Contribution. A contribution made by an Employee to the Plan attributable to an Eligible Rollover Distribution (as defined in
Section 8.05(a)(1) from another qualified plan or IRA. See Section 3.07 for rules regarding the acceptance of Rollover Contributions under this Plan. 

 

	1.112	Roth Deferrals. Roth Deferrals are Salary Deferrals that are includible in the Participant’s gross income at the time deferred and have been
irrevocably designated as Roth Deferrals in the Participant’s Salary Deferral Election. A Participant’s Roth Deferrals will be maintained in a separate Account containing only the Participant’s Roth Deferrals and gains and losses
attributable to those Roth Deferrals. See Section 3.03(e) 

  

	1.113	Safe Harbor 401(k) Plan. A 401(k) plan that satisfies the conditions under Section 6.04(a). 

 

	1.114	Safe Harbor Contribution. A contribution authorized under AA §6C of the Profit Sharing/401(k) Plan Adoption Agreement that allows the Plan to qualify
as a Safe Harbor 401(k) Plan. A Safe Harbor Contribution may be a Safe Harbor Matching Contribution or a Safe Harbor Employer Contribution. See Section 6.04(a)(1). 

 

	1.115	Safe Harbor Employer Contributions. An Employer Contribution that satisfies the requirements under Section 6.04(a)(1)(i). 

 

	1.116	Safe Harbor Matching Contributions. A Matching Contribution that satisfies the requirements under Section 6.04(a)(1)(ii). 

 

	1.117	Salary Deferral Election. A written agreement between a Participant and the Employer, whereby the Participant elects to have a specific percentage or
dollar amount withheld from his/her Plan Compensation and the Employer agrees to contribute such amount into the Profit Sharing/401(k) Plan. See Section 3.03(a). 

 

	1.118	Salary Deferrals. Amounts contributed to the Profit Sharing/401(k) Plan at the election of the Participant, in lieu of cash compensation, which are made
pursuant to a Salary Deferral Election or other deferral mechanism, and which are not includible in the gross income of the Employee pursuant to Code §402(e)(3). For years beginning after 2005, Salary Deferrals include Roth Deferrals and
Pre-Tax Deferrals. Salary Deferrals shall not include any amounts properly distributed as an Excess Amount under Code §415 pursuant to Section 5.03(c)(4). An Employee’s Salary Deferrals are treated as employer contributions for all
purposes under this Plan, except as otherwise provided under the Code or Treasury regulations. See Section 3.03. 

  

	1.119	Self-Employed Individual. An individual who has Earned Income (as defined in Section 1.40) for the taxable year from the trade or business for which
the Plan is established, or an individual who would have had Earned Income but for the fact that the trade or business had no net profits for the taxable year. 

 

	1.120	Short Plan Year. Any Plan Year that is less than 12 months long, either because of the amendment of the Plan Year, or because the Effective Date of a new
Plan is less than 12 months prior to the end of the first Plan Year. See Section 11.08 for the operational rules that apply if the Plan has a Short Plan Year. 

 

	1.121	Targeted QNECs. QNECs that are allocated under the Targeted QNEC allocation method under Section 3.02(a)(5)(ii)(B). 

 

	1.122	Taxable Wage Base. The maximum amount of wages taken into account for Social Security purposes. The Taxable Wage Base is used to determine the Integration
Level for purposes of applying the permitted disparity allocation formula. See Section 3.02(a)(1)(ii) (Profit Sharing/401(k) Plan) and Section 3.02(b)(2) (Money Purchase Plan). 

 

	1.123	Testing Compensation. The compensation used for purposes of the ADP and ACP Tests. In determining the Testing Compensation used for purposes of applying
the ADP and ACP Test, the Plan Administrator is not bound by any elections made under AA §5 with respect to Total Compensation or Plan Compensation under the Plan. Thus, the Plan Administrator may use Total Compensation or any other
nondiscriminatory definition of compensation under Code §414(s) and the regulations thereunder. The Plan Administrator may determine on an annual basis (and within its discretion) the components of Testing Compensation for purposes of applying
the ADP Test, provided such definition is applied consistently to all Participants. 

 Testing Compensation may be
determined over the Plan Year for which the applicable test is being performed or the calendar year ending within such Plan Year. In determining Testing Compensation, the Plan Administrator may take into consideration only the compensation received
while the Employee is a Participant under the component of the Plan being tested. In no event may Testing Compensation for any Participant exceed the Compensation Limit defined in Section 1.24. In determining Testing Compensation, the Plan
Administrator may exclude amounts paid to an individual as severance pay to the extent such amounts 

  

			
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are paid after the common-law employment relationship between the individual and the Employer has terminated, provided such amounts also are excluded in determining Total Compensation under
Section 1.127. 
  

	1.124	Top Paid Group. The top 20% of Employees ranked by Total Compensation for purposes of determining status as a Highly Compensated Employee. See
Section 1.66(f). 

  

	1.125	Top Heavy. A Plan is Top Heavy if it satisfies the conditions under Section 4.01. A Top Heavy Plan must provide special accelerated vesting and
minimum benefits to Non-Key Employees. See Sections 4.04 and 4.05. 

  

	1.126	Top Heavy Ratio. The ratio used to determine whether the Plan is a Top Heavy Plan. See Section 4.02. 

 

	1.127	Total Compensation. A Participant’s compensation for services with the Employer, as defined in this Section 1.127. Total Compensation may be
defined in AA §5-1 to be either W-2 Wages, Wages under Code §3401(a), or Code §415 Compensation. Each definition of Total Compensation includes Elective Deferrals (as defined in 1.44), elective contributions to a cafeteria plan under
Code §125 or to an eligible deferred compensation plan under Code §457, and elective contributions that are not includible in the Employee’s gross income as a qualified transportation fringe under Code §132(f)(4).

 For a Self-Employed Individual, Total Compensation means Earned Income (as defined in Section 1.40).

 Effective for Limitation Years beginning on or after July 1, 2007, in order to be taken into account
under this Section 1.127 compensation must be paid or treated as paid to an Employee prior to the Employee’s severance from employment with the Employer maintaining the plan. However, certain payments made by the later of 2 1/2 months after severance from employment or the last day of the
Limitation Year in which the Participant terminates employment will be taken into account as Total Compensation under this Section 1.127. Examples of post-severance payments that are not excluded from Total Compensation because of timing if
they are paid by the later of 2 1/2 months following
severance from employment or the end of the Limitation Year in which the Participant terminates employment include (i) payments that, absent a severance from employment, would have been paid to the Employee as regular compensation for services
during the Employee’s regular working hours or outside of the employee’s regular working hours (such as overtime or shift differential), commissions, bonuses, or other similar compensation; (ii) payments for accrued bona fide sick,
vacation, or other leave, but only if the employee would have been able to use the leave if employment had continued. Other post-severance payments (such as severance pay, unfunded nonqualified deferred compensation, or parachute payments within the
meaning of Code §280G(b)(2) are not considered as Total Compensation under this Section 1.127, even if such amounts are paid by the later of
2 1/2 months following severance from employment or
the end of the Limitation Year in which the Participant terminates employment. 
 A reference to elective
contributions under a Code §125 cafeteria plan includes any amounts that are not available to a participant in cash in lieu of group health coverage because the Participant is unable to certify that he or she has other health coverage. Such
“deemed §125 compensation” will be treated as an amount under Code §125 only if the Employer does not request or collect information regarding the Participant’s other health coverage as part of the enrollment process for the
health plan. If the Employer elects under AA §5-2(i) to exclude “deemed §125 compensation” from the definition of Plan Compensation, such exclusion also will apply for purposes of determining Total Compensation under this
Section 1.127. 
 The Employer may elect under AA §5-1 to define Total Compensation as any of the following
definitions: 
  

	 	(a)	W-2 Wages. Wages within the meaning of Code §3401(a) and all other payments of compensation to an Employee by the Employer (in the course of the
Employer’s trade or business) for which the Employer is required to furnish the Employee a written statement under Code §6041(d), 6051(a)(3), and 6052, determined without regard to any rules under Code §3401(a) that limit the
remuneration included in wages based on the nature or location of the employment or the services performed. 

  

	 	(b)	Wages under Code §3401(a). Wages within the meaning of Code §3401(a) for the purposes of income tax withholding at the source but determined
without regard to any rules that limit the remuneration included in wages based on the nature or location of the employment or the services performed. 

  

	 	(c)	Code §415 Compensation. Wages, salaries, fees for professional services and other amounts received for personal services actually rendered in the
course of employment with the Employer (without regard to whether or not such amounts are paid in cash) to the extent that the amounts are includible in gross income. Such amounts include, but are not limited to, commissions, compensation for
services on the basis of a percentage of profits, tips, bonuses, fringe benefits, and reimbursements or other expense allowances under a nonaccountable plan (as described in Treas. Reg. §1.62-2(c)), and excluding the following:

  

	 	(1)	Employer contributions to a plan of deferred compensation which are not includible in the Employee’s gross income for the taxable year in which contributed,
or Employer contributions (other than Salary Deferrals) under a SEP (as described in Code §408(k)), or any distributions from a plan of deferred compensation. 

  

			
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	 	(2)	Amounts realized from the exercise of a non-qualified stock option, 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 qualified stock option. 

 

	 	(4)	Other amounts which received special tax benefits, or contributions made by the Employer (other than Elective Deferrals) towards the purchase of an annuity
contract described in Code §403(b) (whether or not the contributions are actually excludable from the gross income of the Employee). 

  

	1.128	Trust. The Trust is the separate funding vehicle under the Plan. 

 

	1.129	Trustee. The Trustee is the person or persons (or any successor to such person or persons) identified in the Adoption Agreement or under a separate Trust
document. The Trustee may be a Discretionary Trustee or a Directed Trustee. See Section 12 for the rights and duties of a Trustee under this Plan. 

  

	1.130	Valuation Date. The date or dates upon which Plan assets are valued. Plan assets will be valued as of the last day of each Plan Year. In addition, the
Employer may elect under AA §11-1 to establish additional Valuation Dates. Notwithstanding any election under AA §11-1, Plan assets may be valued on a more frequent basis within the complete discretion of the Employer. See
Section 10.02. 

  

	1.131	Year of Service. A Year of Service is a 12-consecutive month period (“Computation Period”) during which an Employee completes 1,000 Hours of
Service. For purposes of applying the eligibility rules under Section 2.03 of the Plan, an Employee will earn a Year of Service if he/she completes 1,000 Hours of Service with the Employer during an Eligibility Computation Period (as defined in
Section 2.03(a)(2)). For purposes of applying the vesting rules under Section 7.03, an Employee will earn a Year of Service if he/she completes 1,000 Hours of Service with the Employer during a Vesting Computation Period (as defined in
Section 7.04). The Employer may elect under AA §4-3(a) (for eligibility purposes) and AA §8-7(a) (for vesting purposes) to require the completion of any lesser number of Hours of Service to earn a Year of Service. Alternatively, the
Employer may elect to apply the Elapsed Time method (for eligibility and/or vesting purposes) in calculating an Employee’s Years of Service under the Plan. 

  

			
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Section 2 – Eligibility and Participation 

 

 SECTION 2 
 ELIGIBILITY AND PARTICIPATION 
  

	2.01	Eligibility. In order to participate in the Plan, an Employee must be an Eligible Employee (as defined in Section 2.02) and must satisfy the
Plan’s minimum age and service conditions (as defined in Section 2.03). Once an Employee satisfies the Plan’s minimum age and service conditions, such Employee shall become a Participant on the appropriate Entry Date (as selected in
AA §4-2). An Employee who meets the minimum age and service requirements set forth herein, but who is not an Eligible Employee, will be eligible to participate in the Plan only upon becoming an Eligible Employee. 

 

	2.02	Eligible Employees. Unless specifically excluded under AA §3-1 or this Section 2.02, all Employees of the Employer are Eligible Employees. AA
§3-1 lists various classes of Employees that may be excluded from Plan participation. If an Employee is not an Eligible Employee (e.g., such Employee is a member of a class of Employees excluded under AA §3-1), that individual may not
participate under the Plan, unless he/she subsequently becomes an Eligible Employee. 

  

	 	(a)	Only Employees may participate in the Plan. To participate in the Plan, an individual must be an Employee. If an individual is not an Employee (e.g., the
individual performs services with the Employer as an independent contractor) such individual may not participate under the Plan. If an individual’s status as a non-Employee is challenged by the IRS, the reclassification of such individual as an
Employee will not create retroactive rights to participate in the Plan. Thus, for example, if the IRS should find that an independent contractor is really an Employee, such individual will be eligible to participate in the Plan as of the date the
IRS issues a final determination declaring such individual to be an Employee (provided the individual has satisfied all conditions for participating in the Plan (as described in this Section 2)). For periods prior to the date of such final
determination, the reclassified Employee will not have any rights to accrued benefits under the Plan, except as agreed to by the Employer and the IRS, or as set forth in an amendment adopted by the Employer. 

 

	 	(b)	Excluded Employees. The Employer may elect under AA §3-1 to exclude designated classes of Employees. Under the Profit Sharing/401(k) Plan Adoption
Agreement, the Employer may elect to exclude different classes of Employees for Salary Deferrals, Matching Contributions, and Employer Contributions. Unless provided otherwise under AA §3-1(j) of the Profit Sharing/401(k) Plan Adoption
Agreement, for purposes of determining Excluded Employees, any selection made with respect to Salary Deferrals also will apply to any Safe Harbor Contributions; any selections made with respect to Matching Contributions also will apply to any
Qualified Matching Contributions (QMACs); and any selections made with respect to Employer Contributions also will apply to any Qualified Nonelective Contributions (QNECs). 

 

	 	(1)	Collectively Bargained Employees. The Employer may elect under AA §3-1(b) to exclude Collectively Bargained Employees. For this purpose, a
Collectively Bargained Employee is an Employee who is included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee representatives and whose retirement benefits are subject to good faith bargaining.
Unless designated otherwise under AA §3-1(j), the exclusion under AA §3-1(b) will not include any unit of Employees to the extent the collective bargaining agreement specifically provides for coverage of such Employees under the Plan. For
this purpose, an Employee will not be considered a Collectively Bargained Employee for a Plan Year if more than two percent of the Employees who are covered pursuant to the collective bargaining agreement are professionals as defined in Treas. Reg.
§1.410(b)-9. 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. 

 

	 	(2)	Nonresident aliens. The Employer may elect under AA §3-1(c) to exclude Employees who are nonresident aliens. For this purpose, a nonresident alien is
neither a citizen of the United States nor a resident of the United States for U.S. tax purposes (as defined in Code §7701(b)), and who does not have any earned income (as defined in Code §911) for the Employer that constitutes U.S. source
income (within the meaning of Code §861). If a nonresident alien Employee has U.S. source income, he/she is treated as satisfying this definition if all of his/her U.S. source income from the Employer is exempt from U.S. income tax under an
applicable income tax treaty. 

  

	 	(3)	Leased Employees. The Employer may elect under AA §3-1(d) to exclude Leased Employees. Unless designated otherwise under AA §3-1(d), a Leased
Employee is treated as an Eligible Employee for purposes of applying the eligibility rules under this Section 2. For this purpose, a “Leased Employee” is any person (other than an Employee of the Employer) who pursuant to an agreement
between the recipient Employer and a “leasing organization” performs services for the recipient Employer on a substantially full time basis for a period of at least one year, and such services are performed under the primary direction or
control of the recipient Employer. Contributions or benefits provided to a Leased Employee under a plan of the leasing organization which are attributable to services performed for the recipient Employer shall be treated as provided by the recipient
Employer. 

  

			
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 A Leased Employee shall not be considered an Employee of the recipient Employer if:

  

	 	(i)	such Employee is covered by a money purchase pension plan providing: 

 

	 	(A)	a non-integrated Employer contribution of at least ten percent (10%) of compensation, as defined in Code §415(c)(3), but including amounts contributed
to a Salary Deferral Election which are excludable from gross income under Code §§125, 402(e)(3), 402(h)(1)(B) or 403(b), 

  

	 	(B)	immediate participation and 

  

	 	(C)	full and immediate vesting; and 

  

	 	(ii)	Leased Employees do not constitute more than twenty percent (20%) of the recipient’s Employer’s Nonhighly Compensated workforce.

  

	 	(4)	Special restrictions that apply to “short-service” Employees. The Employer may designate additional excluded classes of Employees under AA
§3-1(j). If the Employer elects under AA §3-1(j) to exclude an additional class of Employees, such Employee class must be defined in such a way that it precludes Employer discretion and may not be based on time or service (e.g., part-time
Employees). The Employer may not use AA §3-1(j) to exclude a class of Employees that is limited to Nonhighly Compensated Employees with the lowest amount of compensation and/or the shortest periods of service. 

 

	 	(c)	Employees of Related Employers. If the Employer is a member of a Related Employer group, Employees of each member of the Related Employer group may
participate under this Plan, provided the Related Employer executes a Participating Employer Adoption Page under the Adoption Agreement. If a Related Employer does not execute a Participating Employer Adoption Page, any Employees of such Related
Employer are not eligible to participate in the Plan. See Section 16.06 for operating rules that apply when the Employer is a member of a Related Employer group. Also see Section 16 for rules regarding participation of Employees of Related
Employers. 

  

	 	(d)	Ineligible Employee becomes Eligible Employee. If an Employee changes status from an ineligible Employee to an Eligible Employee, such Employee will
become a Participant immediately on the date he/she changes status to an Eligible Employee, provided the Employee has satisfied the Plan’s minimum age and service conditions and has passed the Entry Date (as defined in AA §4-2) that would
otherwise have applied had the Employee been an Eligible Employee. If the Employee’s original Entry Date (determined as if the Employee was always an Eligible Employee) has not passed as of the date the Employee becomes an Eligible Employee,
the Employee will not become a Participant until such Entry Date. This requirement is deemed satisfied with respect to Salary Deferrals under the Plan if the Employee is permitted to commence making deferrals under the Plan as of the beginning of
the first payroll period commencing after the Employee becomes an Eligible Employee. If an ineligible Employee has not satisfied the Plan’s minimum age and service conditions at the time such Employee becomes an Eligible Employee, such Employee
will become a Participant on the appropriate Entry Date following satisfaction of the Plan’s minimum age and service requirements. 

  

	 	(e)	Eligible Employee becomes ineligible Employee. If an Employee ceases to qualify as an Eligible Employee (i.e., the Employee changes status from an
eligible class to an ineligible class of Employees), such Employee will immediately cease to participate in the Plan. If such Employee should subsequently become an Eligible Employee, he/she will be able to participate in the Plan in accordance with
subsection (d) above. 

  

	 	(f)	Improper exclusion of eligible Participant. If the Plan improperly excludes a Participant who has satisfied the requirements under this Section 2 for
participating under the Plan, the Employer may take reasonable action to correct such violation, provided such corrective action is consistent with the requirements of the Employee Plans Compliance Resolution System (EPCRS) program. For example, the
violation may be corrected by making an additional contribution to the Plan on behalf of the omitted Participant or by allocating any available forfeitures under the Plan to such Participant to restore any missed contributions under the Plan. (See
Rev. Proc. 2006-27 or subsequent IRS guidance for a description of the EPCRS program.) 

  

	2.03	Minimum Age and Service Conditions. AA §4-1 contains specific elections as to the minimum age and service conditions which an Employee must satisfy
prior to becoming eligible to participate under the Plan. 

 Different age and service conditions may be selected
under AA §4-1 of the Profit Sharing/401(k) Plan Adoption Agreement for Salary Deferrals, Matching Contributions, and Employer Contributions. For purposes of applying the eligibility conditions under AA §4-1, any selection made with respect
to Matching Contributions also will apply to any Qualified Matching Contributions (QMACs); and any selections made with respect to Employer Contributions also will apply to any Qualified 

  

			
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Nonelective Contributions (QNECs), unless otherwise provided under AA §4-1(a)(8) of the Profit Sharing/401(k) Plan Adoption Agreement. In addition, any eligibility conditions selected with
respect to Salary Deferrals also will apply to any Safe Harbor Contributions designated under AA §6C of the Profit Sharing/401(k) Plan Adoption Agreement, unless otherwise provided under AA §6C-3(b) of the Profit Sharing/401(k) Plan
Adoption Agreement. If different conditions apply for different contributions, the rules in this Section for determining when an Employee is an Eligible Participant are applied separately with respect to each set of eligibility conditions.

  

	 	(a)	Application of age and service conditions. The Employer may elect under AA §4-1 to impose minimum age and service conditions that an Employee must
satisfy in order to participate under the Plan. The Plan may not require an Employee to attain an age older than age 21 or to complete more than one Year of Service. However, the Plan may require an Employee to complete two Years of Service prior to
participating in the Plan if the Employer elects full and immediate vesting under AA §8. (The Employer may not require an Employee to complete more than one Year of Service to be eligible to make Salary Deferrals under the Profit Sharing/401(k)
Plan Adoption Agreement.) 

  

	 	(1)	Year of Service. In applying the minimum service requirements under AA §4-1, an Employee will earn a Year of Service if the Employee completes at
least 1,000 Hours of Service with the Employer during an Eligibility Computation Period (as defined in subsection (2) below). The Employer may modify the definition of Year of Service under AA §4-3(a) to require a lesser number of Hours of
Service to earn a Year of Service. An Employee will receive credit for a Year of Service, as of the end of the Eligibility Computation Period during which the Employee completes the required Hours of Service needed to earn a Year of Service. An
Employee need not be employed for the entire Eligibility Computation Period to receive credit for a Year of Service, provided the Employee completes the required Hours of Service during such period. 

 

	 	(2)	Eligibility Computation Periods. In determining whether an Employee has earned a Year of Service for eligibility purposes, an Employee’s initial
Eligibility Computation Period is the 12-month period beginning on the Employee’s Employment Commencement Date. Subsequent Eligibility Computation Periods will either be based on Plan Years or Anniversary Years (as set forth in AA §4-3).

  

	 	(i)	Plan Years. If the Employer elects under AA §4-3 to base subsequent Eligibility Computation Periods on Plan Years, the Plan will begin measuring
Years of Service on the basis of Plan Years beginning with the first Plan Year commencing after the Employee’s Employment Commencement Date. Thus, for the first Plan Year following the Employee’s Employment Commencement Date, the initial
Eligibility Computation Period and the first Plan Year Eligibility Computation Period may overlap. (See Section 11.08 for rules that apply if there is a Short Plan Year.) 

 

	 	(ii)	Anniversary Years. If the Employer elects under AA §4-3 to base subsequent Eligibility Computation Periods on Anniversary Years, the Plan will
measure Years of Service after the initial Eligibility Computation Period on the basis of 12-month periods commencing with the anniversaries of the Employee’s Employment Commencement Date. 

 

	 	(3)	Hours of Service. In calculating an Employee’s Hours of Service for purposes of applying the eligibility rules under this Section 2.03, the
Employer will count the actual Hours of Service an Employee works during the year. (See Section 1.68 for the definition of Hours of Service). The Employer may elect under AA §4-3 to use the Equivalency Method or Elapsed Time method
(instead of counting the actual Hours of Service an Employee works). (See subsections (4) and (5) below for a description of the Equivalency Method and Elapsed Time method of crediting service.) 

 

	 	(4)	Equivalency Method. Instead of counting actual Hours of Service in applying the minimum service conditions under this Section 2.03, the Employer may
elect under AA §4-3(d) to determine Hours of Service based on the Equivalency Method. Under the Equivalency Method, an Employee receives credit for a specified number of Hours of Service based on the period worked with the Employer.

  

	 	(i)	Monthly. Under the monthly Equivalency Method, an Employee is credited with 190 Hours of Service for each calendar month during which the Employee
completes at least one Hour of Service with the Employer. 

  

	 	(ii)	Daily. Under the daily Equivalency Method, an Employee is credited with 10 Hours of Service for each day during which the Employee completes at least one
Hour of Service with the Employer. 

  

	 	(iii)	Weekly. Under the weekly Equivalency Method, an Employee is credited with 45 Hours of Service for each week during which the Employee completes at least
one Hour of Service with the Employer. 

  

			
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	 	(iv)	Semi-monthly. Under the semi-monthly Equivalency Method, an Employee is credited with 95 Hours of Service for each semi-monthly period during which the
Employee completes at least one Hour of Service with the Employer. 

  

	 	(5)	Elapsed Time method. Instead of counting actual Hours of Service in applying the minimum service requirements under this Section 2.03, the Employer
may elect under AA §4-3(c) to apply the Elapsed Time method for calculating an Employee’s service with the Employer. Under the Elapsed Time method, an Employee receives credit for the aggregate period of time worked for the Employer
commencing with the Employee’s first day of employment (or reemployment, if applicable) and ending on the date the Employee begins a Period of Severance which lasts at least 12 consecutive months. In calculating an Employee’s aggregate
period of service, an Employee receives credit for any Period of Severance that lasts less than 12 consecutive months. If an Employee’s aggregate period of service includes fractional years, such fractional years are expressed in terms of days.

  

	 	(i)	Period of Severance. For purposes of applying the Elapsed Time method, a Period of Severance is any continuous period of time during which the Employee is
not employed by the Employer. A Period of Severance begins on the date the Employee retires, quits or is discharged, or if earlier, the 12-month anniversary of the date on which the Employee is first absent from service for a reason other than
retirement, quit or discharge. 

 In the case of an Employee who is absent from work for maternity or paternity
reasons, the 12-consecutive month period beginning on the first anniversary of the first date of such absence shall not constitute a Period of Severance. For purposes of this paragraph, an absence from work for maternity or paternity reasons means
an absence (i) by reason of the pregnancy of the Employee, (ii) by reason of the birth of a child of the Employee, (iii) by reason of the placement of a child with the Employee in connection with the adoption of such child by the
Employee, or (iv) for purposes of caring for a child of the Employee for a period beginning immediately following the birth or placement of such child. 
  

	 	(ii)	Related Employers/Leased Employees. For purposes of applying the Elapsed Time method, service will be credited for employment with any Related Employer.
Service also will be credited for any service as a Leased Employee or as an employee under Code §414(o). 

  

	 	(6)	Amendment of age and service requirements. If the Plan’s minimum age and service conditions are amended, an Employee who is a Participant immediately
prior to the effective date of the amendment is deemed to satisfy the amended requirements. This provision may be modified under the special Effective Date provisions under Appendix A of the Adoption Agreement. 

 

	 	(b)	Entry Dates. Once an Eligible Employee satisfies the minimum age and service conditions (as set forth in AA §4-1), the Employee will be eligible to
participate under the Plan as of his/her Entry Date (as set forth in AA §4-2). 

 If the Employer adopts the
Profit Sharing/401(k) Plan Adoption Agreement, the Employer may elect different Entry Dates with respect to Salary Deferrals, Matching Contributions, and Employer Contributions. The Entry Date chosen for Salary Deferrals also applies to any Safe
Harbor Contributions designated under AA §6C of the Profit Sharing/401(k) Plan Adoption Agreement; the Entry Date chosen for Matching Contributions also applies to any Qualified Matching Contributions (QMACs); and the Entry Date chosen for
Employer Contributions also applies to any Qualified Nonelective Contributions (QNECs). 
  

	 	(1)	Entry Date requirements. In no event may a Participant’s Entry Date be later than: (i) the first day of the Plan Year beginning after the date
on which the Participant satisfies the minimum age and service conditions described in subsection (a) above, or (ii) six months after the date the Participant satisfies such age and service conditions. An Eligible Employee must be employed
by the Employer on his/her Entry Date to begin participating in the Plan on such date. 

  

	 	(2)	Single annual Entry Date. If the Employer elects a single annual Entry Date under AA §4-2(f), the maximum permissible age and service conditions
described in subsection (a) above are reduced by one-half (1/2) year, unless: (1) the Employer elects under AA §4-2(j) to use the Entry Date nearest the date the Employee satisfies the Plan’s minimum age and service
conditions and the Entry Date is the first day of the Plan Year or (2) the Employer elects under AA §4-2(k) to use the Entry Date preceding the date the Employee satisfies the Plan’s minimum age and service conditions.

  

	2.04	 Participation on Effective Date of Plan. Unless designated otherwise under AA §4-4, an Eligible Employee who has satisfied the
minimum age and service conditions and reached his/her Entry Date as of the Effective Date of the Plan will be eligible to participate in the Plan as of such Effective Date. If an Employee has satisfied the minimum age and service conditions as of
the 

  

			
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Effective Date of the Plan but has not yet reached his/her Entry Date, the Employee will be eligible to participate on the appropriate Entry Date. The Employer may modify this rule under AA
§4-4 by electing to treat all Employees employed on the Effective Date of the Plan as Participants (regardless of whether they have satisfied the Plan’s minimum age and service conditions) or by designating a specific date as of which all
Eligible Employees will be deemed to be a Participant, (regardless of whether the Employee has otherwise satisfied the minimum age and service conditions). 

 

	2.05	Rehired Employees. Subject to the Break in Service rules under Section 2.07, if a terminated Employee is subsequently rehired, such Employee will be
eligible to participate in the Plan on his/her reemployment date, if the Employee is an Eligible Employee and the Employee had satisfied the Plan’s minimum age and service conditions prior to his/her termination of employment. If a rehired
Employee had not satisfied the Plan’s minimum age and service conditions prior to termination of employment, such Employee is eligible to participate in the Plan on the appropriate Entry Date following satisfaction of the eligibility
requirements under Section 2.03. For purposes of Salary Deferrals, this requirement is deemed satisfied if a rehired Employee is permitted to commence making Salary Deferrals as of the beginning of the first payroll period commencing after the
Employee’s reemployment date. 

  

	2.06	Service with Predecessor Employers. If the Employer maintains the plan of a Predecessor Employer, any service with such Predecessor Employer is treated as
service with the Employer for purposes of applying the provisions of this Plan. If the Employer does not maintain the plan of a Predecessor Employer, service with such Predecessor Employer does not count for eligibility purposes under this
Section 2, unless the Employer specifically designates under AA §4-5 to credit service with such Predecessor Employer for eligibility. Unless designated otherwise under AA §4-5, if the Employer takes into account service with a
Predecessor Employer, such service will count for purposes of eligibility under this Section 2, vesting under Section 7 (see Section 7.06) and for purposes of the minimum allocation conditions under Section 3.09 (see
Section 3.09(d)). 

  

	2.07	Break in Service Rules. Generally, an Employee will be credited with all service earned for the Employer, including service earned prior to the effective
date of the Plan and service earned while the Employee is an ineligible Employee. However, the Employer may elect under AA §4-3 to disregard an Employee’s service with the Employer under the Break in Service rules set forth in this
Section 2.07. 

  

	 	(a)	Break in Service. An Employee incurs a Break in Service for any Eligibility Computation Period (as defined in Section 2.03(a)(2)) during which the
Employee does not complete more than five hundred (500) Hours of Service with the Employer. However, if the Employer elects under AA §4-3(a) to require less than 1,000 Hours of Service to earn a Year of Service for eligibility purposes, a
Break in Service will occur for any Eligibility Computation Period during which the Employee does not complete more than one-half (1/2) of the Hours of Service required to earn an eligibility Year of Service. 

 

	 	(b)	Nonvested Participant Break in Service rule. Under the Nonvested Participant Break in Service rule, if a Participant is totally nonvested (i.e., 0%
vested) in his/her entire Account Balance, and such Participant incurs five (5) or more consecutive one-year Breaks in Service (or, if greater, a consecutive period of Breaks in Service at least equal to the Participant’s aggregate number
of Years of Service with the Employer), the Plan will disregard all service earned prior to such consecutive Breaks in Service for purposes of determining eligibility to participate in the Plan. If the Employee returns to employment with the
Employer, such Employee will be treated as a new Employee for purposes of determining eligibility under the Plan. For this purpose, a Participant who has made Salary Deferrals under the Plan will be treated as having a vested interest in the Plan.
Thus, the Nonvested Participant Break in Service rule may not be used with respect to any contributions under the Plan (even if such Employee is totally nonvested in such contributions) for a Participant who has made Salary Deferrals under the Plan.
The Employer must elect to apply the Nonvested Participant Break in Service rule under AA §4-3. 

  

	 	(c)	Special Break in Service rule for Plans using two Years of Service for eligibility. If the Employer has elected under AA §4-1(a)(6) to require
Employees to complete two Years of Service to become eligible to participate in the Plan, any Employee who incurs a one-year Break in Service before satisfying the two Years of Service eligibility condition will not be credited with service earned
before such one-year Break in Service. 

  

	 	(d)	One-Year Break in Service rule. Under the One-Year Break in Service rule, if an Employee incurs a one-year Break in Service, such Employee will not be
credited with any service earned prior to such one-year Break in Service for purposes of determining eligibility to participate under the Plan until the Employee has completed a Year of Service after the Employee’s return to employment. The
Employer must elect to apply the One-Year Break in Service rule 

 under AA §4-3(f). 

 

	 	(1)	 Temporary disregard of service. If a Participant has service disregarded under the One-Year Break in Service rule, such Participant will
have his/her service reinstated upon returning to employment as of the first day of the Eligibility Computation during which the Participant completes a Year of Service. For this purpose, the Eligibility Computation Period is the 12-month period
commencing on the date the Employee first performs an Hour of Service following the Break in Service. If a Participant does not complete a Year of Service during the 

  

			
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first Eligibility Computation Period following his/her return to employment, subsequent Eligibility Computation Periods will be determined based on Plan Years beginning with the first Plan Year
following the Employee’s return to employment (unless the Employer selects Anniversary Years as the Eligibility Computation Period under AA §4-3(b)). 

 

	 	(2)	Application to Profit Sharing/401(k) Plan. If the Employer elects under AA §4-3(f) of the Profit Sharing/401(k) Plan Adoption Agreement to have the
One-Year Break in Service rule apply to Salary Deferrals, an Employee who is precluded from making Salary Deferrals as a result of this Break in Service rule is eligible to recommence Salary Deferrals under the Plan immediately upon completing 1,000
Hours of Service with the Employer during a subsequent measuring period (as determined under subsection (1) above). No additional contribution need be made to an Employee due to the application of this subsection (2) as a result of the
failure to retroactively permit the Employee to make Salary Deferrals under the Plan. 

  

	2.08	Waiver of Participation. As of the Effective Date of this Plan, an Employee may not waive participation under the Plan. For this purpose, the mere failure
to make Salary Deferrals or After-Tax Contributions under the 401(k) plan is not a waiver of participation. If an Employee entered into a valid waiver of participation prior to the Effective Date of this Plan, such waiver will remain in effect
pursuant to the terms of such waiver. Any Employee who does not participate under the Plan due to a prior valid waiver will be treated as a nonbenefiting Participant for purposes of the minimum coverage requirements 

under Code §410(b). 

  

			
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 SECTION 3 
 PLAN CONTRIBUTIONS 
 This Section 3 describes the type of contributions that may be
made to the Plan. The type of contributions that may be made to the Plan and the method for allocating such contributions may vary depending on the type of Plan involved. (See Section 5 for a discussion of the limits that apply to any
contributions made under the Plan.) 
  

	3.01	Types of Contributions. An Employer may designate under AA §6 (including AA §§6A – 6D of the Profit Sharing/401(k) Plan Adoption
Agreement) the amount and type of contributions that may be made under this Plan. If the Plan is a Money Purchase Plan or is a Profit Sharing Plan only (i.e., the Adoption Agreement provides for only Profit Sharing contributions (without a 401(k)
feature)), the Plan may only provide for Employer Contributions (as authorized under AA §6). If the Employer adopts the Profit Sharing/401(k) Plan Adoption Agreement, the Plan may permit Salary Deferrals, Employer Contributions (including QNECs
and Safe Harbor Employer Contributions), Matching Contributions (including QMACs and Safe Harbor Matching Contributions) and After-Tax Contributions. To share in a contribution under the Plan, an Employee must satisfy all of the conditions for being
a Participant (as described in Section 2) and must satisfy any allocation conditions (as described in Section 3.09) applicable to the particular type of contribution. 

The Employer may designate under the Adoption Agreement that the Plan is a frozen Plan. As a frozen Plan, the Employer will not make any
Employer Contributions with respect to Plan Compensation earned after the date identified in the Agreement, and if the Plan is a 401(k) Plan, no Participant will be permitted to make Elective Deferrals or Employee After-Tax Contributions to the Plan
for any period following the effective date of the freeze as identified in AA §2-5 (of the Profit Sharing Plan or Profit Sharing/401(k) Plan Adoption Agreement) or AA §6-2(g) (of the Money Purchase Plan Adoption Agreement). 

 

	3.02	Employer Contribution Formulas. If permitted under AA §6, the Employer may make an Employer Contribution to the Plan, in accordance with the
contribution formula selected under AA §6-2. Subsection (a) below describes the Employer Contributions that may be selected under the Profit Sharing Plan or Profit Sharing/401(k) Plan Adoption Agreements and subsection (b) below
describes the Employer Contributions that may be made under the Money Purchase Plan Adoption Agreement. Any Employer Contribution authorized under the Profit Sharing Plan or Profit Sharing/401(k) Plan must be allocated in accordance with a definite
allocation formula as set forth in AA §6-3. To receive an allocation of Employer Contributions, a Participant must satisfy any allocations conditions designated under the Plan, as described in Section 3.09 below. 

 

	 	(a)	Employer Contribution formulas (Profit Sharing Plan and Profit Sharing/401(k) Plan). The Employer may elect under AA §6-2 of the Profit Sharing Plan
or Profit Sharing/401(k) Plan Adoption Agreement to make any of the following Employer Contributions. If the Employer elects more than one Employer Contribution formula, each formula is applied separately. The Employer’s aggregate Employer
Contribution for a Plan Year will be the sum of the Employer Contributions under all such formulas. Any reference to the Adoption Agreement under this subsection (a) is a reference to the Profit Sharing Plan or Profit Sharing/401(k) Plan
Adoption Agreement, as applicable. 

  

	 	(1)	Discretionary Employer Contribution. If elected in AA §6-2(a), the Employer may decide on an annual basis how much (if any) it wishes to contribute
to the Plan as an Employer Contribution. If the Employer elects to make a discretionary contribution, such amount may be allocated under the pro rata, permitted disparity, new comparability, age-based or uniform points allocation method (as selected
in AA §6-3). 

  

	 	(i)	Pro rata allocation method. Under the pro rata allocation method, a pro rata share of the Employer Contribution is allocated to each Participant’s
Employer Contribution Account. A Participant’s pro rata share is determined based on the ratio such Participant’s Plan Compensation bears to the total Plan Compensation of all Participants or as a uniform dollar amount. This allocation
formula will satisfy a design-based safe harbor under Treas. Reg. §1.401(a)(4)-2(b) provided if the allocation is based on Plan Compensation, the Plan uses a definition of Plan Compensation that satisfies the nondiscrimination requirements
under Treas. Reg. §1.414(s)-1. 

  

	 	(ii)	Permitted disparity allocation method. Under the permitted disparity allocation method, the Employer Contribution is allocated to Participants’
Employer Contribution Accounts using a two-step or four-step method. Unless provided otherwise under AA §6-3(b), the two-step method will apply for any Plan Year in which the Plan is not Top Heavy. For any Plan Year in which the Plan is Top
Heavy, the four-step method will apply, unless provided otherwise under AA §6-3(b). This allocation formula is designed to satisfy a design-based safe harbor under Treas. Reg. §1.401(a)(4)-2(b). 

The Employer may not elect the permitted disparity allocation method under the Plan if the Employer maintains another qualified plan,
covering any of the same Employees, which uses permitted disparity in determining the allocation of contributions or the accrual of benefits under such plan. 

  

			
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	 	(A)	Two-step method. Under the two-step method, the discretionary Employer Contribution is allocated under the following method: 

 

	 	(I)	Step one. The Employer Contribution is allocated to each Participant’s Employer Contribution Account in the ratio that the sum of each
Participant’s Plan Compensation plus Excess Compensation (as defined in subsection (C) below) bears to the sum of the total Plan Compensation plus Excess Compensation of all Participants, but not in excess of the Maximum Disparity Rate (as
defined in subsection (E) below). 

  

	 	(II)	Step two. Any Employer Contribution remaining after the allocation in subsection (I) above one will be allocated in the ratio that each
Participant’s Plan Compensation bears to the total Plan Compensation of all Participants. 

  

	 	(B)	Four-step method. Under the four-step method, the discretionary Employer Contribution is allocated under the following method: 

 

	 	(I)	Step one. The Employer Contribution is allocated to each Participant’s Employer Contribution Account in the ratio that each Participant’s Total
Compensation bears to the Total Compensation of all Participants, but not in excess of 3% of each Participant’s Total Compensation. 

  

	 	(II)	Step two. Any Employer Contribution remaining after the allocation in subsection (I) above will be allocated to each Participant’s Employer
Contribution Account in the ratio that each Participant’s Excess Compensation (as defined in subsection (C) below) bears to the Excess Compensation of all Participants, but not in excess of 3% of each Participant’s Excess
Compensation. For purposes of this step two, Excess Compensation will be determined using Total Compensation (instead of Plan Compensation) for the Plan Year. 

 

	 	(III)	Step three. Any Employer Contribution remaining after the allocation in subsection (II) above will be allocated to each Participant’s Employer
Contribution Account in the ratio that the sum of each Participant’s Plan Compensation plus Excess Compensation bears to the sum of the total Plan Compensation plus Excess Compensation of all Participants, but not in excess of the Maximum
Disparity Rate (as defined in subsection (E) below). 

  

	 	(IV)	Step four. Any Employer Contribution remaining after the allocation in subsection (III) above will be allocated to each Participant’s Employer
Contribution Account in the ratio that each Participant’s Plan Compensation bears to the total Plan Compensation of all Participants. 

  

	 	(C)	Excess Compensation. The amount of Plan Compensation that exceeds the Integration Level. 

 

	 	(D)	Integration Level. The Taxable Wage Base, unless specified otherwise under AA §6-3(b)(1). 

 

	 	(E)	Maximum Disparity Rate. The Maximum Disparity Rate is the maximum amount that may be allocated with respect to Excess Compensation. If the two-step
allocation method is used under subsection (A) above, under step one of the two-step formula, the amount allocated as a percentage of Plan Compensation and Excess Compensation may not exceed the following percentage: 

 

			
	 Integration Level

(as a percentage of the Taxable Wage Base)
	  	Maximum
Disparity Rate
	 100%
	  	5.7%
		
	 More than 80% but less than 100%
	  	5.4%
		
	 More than 20% and not more than 80%
	  	4.3%
		
	 20% or less
	  	5.7%

 If the four-step allocation formula is used under subsection (B) above, under step three of the
four-step formula, the amount allocated as a percentage of Plan Compensation and Excess Compensation may not exceed the following percentage: 

  

			
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	 Integration Level

(as a percentage of the Taxable Wage Base)
	  	Maximum
Disparity Rate
	 100%
	  	2.7%
		
	 More than 80% but less than 100%
	  	2.4%
		
	 More than 20% and not more than 80%
	  	1.3%
		
	 20% or less
	  	2.7%

  

	 	(F)	Taxable Wage Base. The maximum amount of wages that are considered for Social Security purposes as in effect at the beginning of the Plan Year.

  

	 	(iii)	Uniform points allocation. Under the uniform points allocation, the Employer will allocate the discretionary Employer Contribution on the basis of each
Participant’s total points for the Plan Year, as determined under AA §6-3(c). A Participant’s allocation of the Employer Contribution is determined by multiplying the Employer Contribution by a fraction, the numerator of which is the
Participant’s total points for the Plan Year and the denominator of which is the sum of the points for all Participants for the Plan Year. 

 A Participant will receive points for each year(s) of age and/or each Year(s) of Service designated under AA §6-3(c). In addition, a Participant also may receive points based on his/her Plan
Compensation. Each Participant will receive the same number of points for each designated year of age and/or service and the same number of points for each designated level of Plan Compensation. If the Employer provides points based on Plan
Compensation, the Employer may not designate a level of Plan Compensation that exceeds $200. 
 To satisfy the nondiscrimination
safe harbor under Treas. Reg. §1.401(a)(4)-2, the average of the allocation rates for Highly Compensated Employees in the Plan must not exceed the average of the allocation rates for the Nonhighly Compensated Employees in the Plan. For this
purpose, the average allocation rates are determined in accordance with Treas. Reg. §1.401(a)(4)-2(b)(3)(B). 
  

	 	(iv)	New comparability allocation. Under the new comparability allocation method, the Employer may make a different discretionary contribution to each
Participant’s Employer Contribution Account based on the Employee allocation groups designated under AA §6-3(d). The Employer Contribution made for an allocation group will be allocated as a uniform percentage of Plan Compensation or as a
uniform dollar amount. If the Employer Contribution is allocated as a percentage of Plan Compensation, the amount that will be allocated to each Participant within an allocation group is determined by multiplying the Employer Contribution made for
that allocation group by the following fraction: 

                      
  Participant’s Plan Compensation                     
 Plan Compensation of all Participants in the allocation group 
 The Plan must
satisfy the general nondiscrimination rate group test under Treas. Reg. §1.401(a)(4)-2(c) with respect to the separate allocation rates under the Plan. The Plan will use standard interest rate and mortality table assumptions in accordance with
Treas. Reg. §1.401(a)(4)-12 when testing the allocation formula for nondiscrimination. In the case of self-employed individuals (i.e., sole proprietorships or partnerships), the requirements of 1.401(k)-1(a)(6) continue to apply, and the
allocation method should not be such that a cash or deferred election is created for a self-employed individual as a result of application of the allocation method. 
  

	 	(A)	Must designate contribution in writing. The Employer must designate in writing how much of the Employer Contribution is made for each of the Employee
allocation groups and whether such amounts are allocated on the basis of Plan Compensation or as a uniform dollar amount. The portion of the Employer Contribution designated for a specific allocation group will be allocated only to Participants
within that allocation group. If a Participant is in more than one allocation group during the Plan Year, the Participant will receive an Employer Contribution based on the Participant’s status on the last day of the Plan Year. In the event a
Participant is in two or more allocation groups on the last day of the Plan Year, the Participant will receive an Employer Contribution based on the first allocation group listed under AA §6-3(d) in which the Participant is a part.

  

			
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	 	(B)	Special rules. 

  

	 	(I)	Family Members. The Employer may designate in AA §6-3(d)(3)(i) to establish a separate allocation group for any Family Member of a Five-Percent Owner
of the Employer. For this purpose, Family Members include the spouse, children, parents and grandparents of a Five-Percent Owner. (See Section 1.66(a) for the definition of a Five-Percent Owner.) 

 

	 	(II)	Benefiting Participants. The Employer may designate in AA §6-3(d)(3)(ii) to establish a separate allocation group for any Nonhighly Compensated
Benefiting Participant who does not receive the Minimum Gateway Contribution described under subsection (III)(a) below. For this purpose, a Participant is treated as a Benefiting Participant if such Participant receives an allocation of Employer
Contributions (other than Salary Deferrals or Matching Contributions (including Safe Harbor Matching Contributions and QMACs)) or receives an allocation of forfeitures for the Plan Year (other than forfeitures that are subject to Code §401(m)
because they are allocated as a Matching Contribution). 

  

	 	(III)	Special gateway contribution. If a separate allocation group is not established for Benefiting Participants under AA §6-3(d)(3)(ii), the Employer may
make an additional discretionary Employer Contribution (“special gateway contribution”) for all Nonhighly Compensated Benefiting Participants (as described in subsection (II)) in an amount necessary to provide the Minimum Gateway
Contribution described in subsection (a) below. The special gateway contribution will be allocated to all Nonhighly Compensated Benefiting Participants who have not otherwise received the Minimum Gateway Contribution without regard to any
allocation conditions otherwise applicable to Employer Contributions under the Plan. However, Participants who the Plan Administrator disaggregates pursuant to Treas. Reg. §1.410(b)-7(c)(4) because they have not satisfied the greatest minimum
age and service conditions permissible under Code §410(a) shall not be eligible to receive an allocation of any special gateway contribution made pursuant to this subsection (III). 

 

	 	(a)	Minimum Gateway Contribution. A Benefiting Participant is treated as receiving the Minimum Gateway Contribution if the Participant has an allocation rate
that is equal to the lesser of: (1) one-third of the allocation rate of the Highly Compensated Employee with the highest allocation rate for the Plan Year or (2) 5% of Compensation (as defined in subsection (b) below). In determining
whether a Benefiting Participant has received an allocation that satisfies the Minimum Gateway Contribution, all Employer Contributions allocated to the Participant for the Plan Year are taken into account. For this purpose, Employer Contributions
does not include any Matching Contributions, Salary Deferrals, or QNECs that are used in the ADP Test or ACP Test. 

  

	 	(b)	Compensation for 5% gateway allocation. For purposes of the 5% gateway contribution under (2) of subsection (a) above, Compensation means Total
Compensation for the Plan Year. However, for this purpose, Total Compensation shall exclude amounts paid while an Employee is not a Participant in the Plan. 

 

	 	(c)	Compensation under one-third gateway allocation. To determine whether a Benefiting Participant has received an allocation that satisfies the one-third
gateway allocation requirement under (1) of subsection (a) above, a Participant’s allocation rate is determined by dividing the total Employer Contribution made on behalf of such Participant by the Participant’s Plan Compensation
(as defined in AA §5-2), provided the definition satisfies Treas. Reg. §1.414(s). However, solely for purposes of determining the allocation rate of any Nonhighly Compensated Employee, QNECs that are used in the ADP Test or ACP Test shall
not be taken into account. 

  

	 	(IV)	Special restrictions that apply to “short-service” Employees. A designated Employee allocation group which is limited to Nonhighly Compensated
Employees with the lowest amount of compensation and/or the shortest periods of service may be deemed to violate the nondiscrimination requirements under Code §401(a)(4). 

 

	 	(v)	Age-based allocation. Under the age-based allocation method, the Employer will allocate the discretionary Employer Contribution on the basis of each
Participant’s adjusted Plan Compensation. Amounts allocated under an age-based allocation must satisfy the general nondiscrimination rate group test under Treas. Reg. §1.401(a)(4)-2(c). 

  

			
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	 	(A)	Adjusted Plan Compensation. For this purpose, a Participant’s adjusted Plan Compensation is determined by multiplying the Participant’s Plan
Compensation by an Actuarial Factor (as described in subsection (B) below). 

  

	 	(B)	Actuarial Factor. A Participant’s Actuarial Factor must be determined based on standard actuarial assumptions that satisfy Treas. Reg.
§1.401(a)(4)-12 using a testing age that is the later of Normal Retirement Age or the Employee’s current age. Unless designated otherwise under AA §6-3(e), a Participant’s Actuarial Factor is determined based on an 8.5% interest
rate and the UP-1984 mortality table. (See Appendix A of the Plan for the Actuarial Factors associated with an 8.5% interest rate and the UP-1984 mortality table and a testing age of 65. If an interest rate other than 8.5% or a mortality table other
than the UP-1984 mortality table is selected under AA §6-3(e), or if a testing age other than age 65 is used, the Plan must determine the appropriate Actuarial Factors based on the designated interest rate, mortality table and testing age.)

  

	 	(2)	Fixed Employer Contribution. If elected in AA §6-2(b), the Employer will make a fixed contribution to the Plan as a designated percentage of Plan
Compensation or as a uniform dollar amount. The Employer Contribution will be allocated under the prorata allocation formula under AA §6-3(a) in accordance with the selections made in AA §6-2(b). The allocation of the fixed Employer
Contribution under the pro rata allocation formula will satisfy a design-based safe harbor under Treas. Reg. §1.401(a)(4)-2(b) provided, if the allocation is based on Plan Compensation, the Plan uses a definition of Plan Compensation that
satisfies the nondiscrimination requirements under Treas. Reg. §1.414(s)-1. 

  

	 	(3)	Service-based Employer Contribution. If elected in AA §6-2(c), the Employer may make a contribution based on an Employee’s service with the
Employer during the Plan Year (or other period designated under AA §6-5(a).) The Employer may elect to make the service-based contribution as a discretionary contribution or as a fixed contribution. Any such contribution will be allocated on
the basis of Participants’ Hours of Service, weeks of employment or other measuring period selected under AA §6-2(c). The Employer Contribution will be allocated under the service-based allocation formula under AA §6-3(f). Amounts
allocated on the basis of service must satisfy the general nondiscrimination rate group test under Treas. Reg. §1.401(a)(4)-2(c). 

  

	 	(4)	Prevailing Wage Contribution. If elected in AA §6-2(d), the Employer may make a Prevailing Wage Contribution for Participants who perform Prevailing
Wage Service. For this purpose, Prevailing Wage Service is any service performed by an Employee under a public contract subject to the Davis-Bacon Act or to any other federal, state or municipal prevailing wage law. The Employer will make an
Employer Contribution based on the hourly contribution rate for the Participant’s employment classification. The Prevailing Wage Contribution will be allocated under the Prevailing Wage allocation formula under AA §6-3(g). Special
restrictions may apply in order for Prevailing Wage Contributions to be taken into account for purposes of satisfying the applicable federal, state or municipal prevailing wage laws. The Employer may attach an Addendum to the Adoption Agreement
setting forth the hourly contribution rate for the employment classifications eligible for Prevailing Wage Contributions. 

 Unless provided otherwise in AA §6-2(d)(2), the following default rules apply for purposes of determining the Prevailing Wage Contribution. 

 

	 	(i)	Only available to Nonhighly Compensated Employees. Highly Compensated Employees are not eligible to share in the Prevailing Wage Contribution.

  

	 	(ii)	No minimum age and service conditions. No minimum age or service conditions will apply for purposes of determining an Employee’s eligibility for the
Prevailing Wage Contribution. An Employee who performs Prevailing Wage Service will be eligible to receive the Prevailing Wage Contribution as of his/her Employment Commencement Date. 

 

	 	(iii)	Full vesting. Prevailing Wage Contributions are always 100% vested. 

If the Employer elects to provide eligibility requirements or vesting requirements with respect to Prevailing Wage Contributions under AA
§6-2(d), the Employer may not be able to take full credit under applicable federal, state or municipal prevailing wage laws for the Prevailing Wage Contributions made under this Plan. See the applicable prevailing wage laws for more information
regarding the effect of eligibility and/or vesting requirements. 

  

			
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 The Employer may elect under AA §6-2(d)(1) to offset other Employer Contributions
made under the Plan by the Prevailing Wage Contribution. To the extent such contributions satisfy the requirements for a QNEC, as described in subsection (5) below, the Prevailing Wage Contribution may be treated as a QNEC under the Plan.

  

	 	(5)	Qualified Nonelective Contributions (QNECs). Notwithstanding any contrary selections in the Profit Sharing/401(k) Plan Adoption Agreement, for any Plan
Year, the Employer may make a discretionary QNEC on behalf of Nonhighly Compensated Participants under the Plan. Such QNEC will be allocated as a uniform percentage of Plan Compensation to all Nonhighly Compensated Participants, without regard to
any allocation conditions selected in AA §6-6, unless designated otherwise under AA §6-4 of the Profit Sharing/401(k) Plan Adoption Agreement. A QNEC must satisfy the requirements for a QNEC described in subsection (i) below at the
time the contribution is made to the Plan, regardless of any inconsistent elections under the Profit Sharing/401(k) Plan Adoption Agreement. 

 Alternatively, the Employer may elect under AA §6-4 of the Profit Sharing/401(k) Plan Adoption Agreement to specifically permit discretionary QNECs under the Plan. The Employer may elect to allocate
the QNEC under any of the allocation methods under subsection (ii) below. 
 If the Employer makes both a discretionary
Employer Contribution under AA §6-2(a) and a discretionary QNEC, the Employer must designate, in writing, the amount of the Employer Contribution which is designated as a regular Employer Contribution and the amount designated as a QNEC.

  

	 	(i)	Requirements for a QNEC. In order to qualify as a QNEC, an Employer Contribution must satisfy the following requirements: 

 

	 	(A)	100% vesting. A QNEC must be 100% vested when contributed to the Plan. 

 

	 	(B)	Distribution restrictions. A QNEC must be subject to the same distribution restrictions applicable to Salary Deferrals under Section 8.10(c), except
that no portion of a Participant’s QNEC Account may be distributed on account of Hardship. See Section 8.10(d). 

  

	 	(C)	Allocation conditions. A QNEC will not be subject to the allocation provisions applicable to Employer Contributions, as designated under AA §6-6,
unless provided otherwise under AA §6-4 of the Profit Sharing/401(k) Plan Adoption Agreement. 

  

	 	(ii)	Allocation method for QNECs. 

  

	 	(A)	Participants. The Employer may elect under AA §6-4(a) of the Profit Sharing/401(k) Plan Adoption Agreement to allocate any QNEC under the Plan to all
Participants (rather than to just Nonhighly Compensated Participants). 

  

	 	(B)	Targeted QNECs. If the Employer elects to make Targeted QNECs under AA §6-4(b) of the Profit Sharing/401(k) Plan Adoption Agreement, the QNEC will be
allocated to Nonhighly Compensated Participants in the QNEC Allocation Group, starting with Nonhighly Compensated Participants with the lowest Plan Compensation for the Plan Year. For this purpose, the QNEC Allocation Group is made up of the
Nonhighly Compensated Participants (equal to one-half of total Nonhighly Compensated Participants under the Plan), with the lowest level of Plan Compensation for the Plan Year. 

 

	 	(I)	5% of Plan Compensation limit. The QNEC will be allocated to the Nonhighly Compensated Employees in the QNEC Allocation Group up to a maximum of 5% of
Plan Compensation. The QNEC will be allocated first to the Nonhighly Compensated Participant(s) with the lowest Plan Compensation (up to the 5% of Plan Compensation maximum allocation) and continuing with Nonhighly Compensated Employees in the QNEC
Allocation Group with the next higher level of Plan Compensation, until all of the QNEC has been allocated (or until all Nonhighly Compensated Employees in the QNEC Allocation Group have received the maximum 5% of Plan Compensation QNEC allocation).

  

	 	(II)	Reallocation to lowest one-half of Nonhighly Compensated Participants. If a QNEC remains unallocated after the allocation under subsection (I), the
remaining QNEC will continue to be allocated in accordance with subsections (I), in increments equal to twice the level of QNEC allocated to the rest of the QNEC Allocation Group. Thus, for example, if a QNEC remains unallocated after allocating the
full 5% of Plan Compensation to the QNEC Allocation Group, the QNEC will continue to be allocated up to 10% of Plan Compensation 

  

			
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(twice the QNEC already allocated to the QNEC Allocation Group) beginning with the Nonhighly Compensated Employee in the QNEC Allocation Group with the lowest Plan Compensation.

  

	 	(III)	Additional members in QNEC Allocation Group. If at any time, a Nonhighly Compensated Participant is not able to receive a full QNEC allocation under
subsection (I) or (II) (e.g., due to the application of the Code §415 Limitation), the Nonhighly Compensated Participant with the next higher level of Plan Compensation (that is not in the QNEC Allocation Group) will be added to the QNEC
Allocation Group. 

  

	 	(IV)	Special rule for Plan Years beginning before January 1, 2006. For Plan Years beginning before January 1, 2006, a QNEC allocated under the
Targeted QNEC method may be allocated to Participants without regard to the 5% of Plan Compensation limit. Thus, for such Plan Years, a Targeted QNEC may be allocated to a Participant up to the Participant’s Code §415 Limitation, as
described in Section 5.03. 

  

	 	(6)	Frozen Plan. The Employer may designate under AA §2-5 that the Plan is a frozen Plan. As a frozen Plan, the Employer will not make any Employer
Contributions with respect to Plan Compensation earned after the date identified in the Agreement. 

  

	 	(b)	Employer Contribution formulas (Money Purchase Plan). The Employer may elect under AA §6 of the Money Purchase Plan Adoption Agreement to make any of
the following Employer Contributions. Each Participant will receive an allocation of Employer Contributions equal to the amount determined under the contribution formula elected under AA §6-2. Any reference to the Adoption Agreement under this
subsection (b) is a reference to the Money Purchase Plan Adoption Agreement. To receive an allocation of Employer Contributions, a Participant must satisfy any allocations conditions designated under the Plan, as described in Section 3.09
below. 

 If the Employer adopts the Money Purchase Plan Adoption Agreement and also maintains another qualified
retirement plan or plans, the contribution to be made under the Money Purchase Plan will not exceed the maximum amount that is deductible under Code §404(a)(7), taking into account all contributions that have been made to the other plan or
plans prior to the date a contribution is made under the Money Purchase Plan. 
  

	 	(1)	Uniform Employer Contribution. If elected under AA §6-2(a), the Employer will make a contribution to each Participant under the Plan as a uniform
percentage of Plan Compensation or as a uniform dollar amount. This contribution formula will satisfy a design-based safe harbor under Treas. Reg. §1.401(a)(4)-2(b) provided if the allocation is based on Plan Compensation, the Plan uses a
definition of Plan Compensation that satisfies the nondiscrimination requirements under Treas. Reg. §1.414(s)-1. 

  

	 	(2)	Permitted disparity contribution. If elected under AA §6-2(b), the Employer will make a permitted disparity contribution to each Participant using
either the individual or group method. The Employer may not elect the permitted disparity allocation method under the Plan if the Employer maintains another qualified plan, covering any of the same Employees, which uses permitted disparity in
determining the allocation of contributions or the accrual of benefits under such plan. This contribution formula is designed to satisfy a design-based safe harbor under Treas. Reg. §1.401(a)(4)-2(b). 

 

	 	(i)	Individual method. Under the individual method, each Participant will receive an allocation of the Employer Contribution equal to the amount determined
under the contribution formula under AA §6-2(b)(1). A Participant may not receive an allocation with respect to Excess Compensation that exceeds the Maximum Disparity Rate. 

 

	 	(A)	Excess Compensation. The amount of Plan Compensation that exceeds the Integration Level. 

 

	 	(B)	Integration Level. The Taxable Wage Base, unless specified otherwise under AA §6-2(b)(3). 

 

	 	(C)	Maximum Disparity Rate. The Maximum Disparity Rate is the maximum amount that may be allocated with respect to Excess Compensation under the permitted
disparity formula. The maximum amount that may be allocated as a percentage of Plan Compensation and Excess Compensation is the following percentage: 

  

			
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	 Integration Level

(as a percentage of the Taxable Wage Base)
	 	  	  	Maximum
Disparity Rate
	 100%
	 		  	5.7%
			
	 More than 80% but less than 100%
	 		  	5.4%
			
	 More than 20% and not more than 80%
	 		  	4.3%
			
	 20% or less
	 		  	5.7%

  

	 	(D)	Taxable Wage Base. The maximum amount of wages that are considered for Social Security purposes as in effect at the beginning of the Plan Year.

  

	 	(ii)	Group method. Under the group method, the Employer contributes a fixed percentage of total Plan Compensation of all Participants. The Employer
Contribution is then allocated under the two-step method (as described in subsection (a)(1)(ii)(A) above) or, if the Plan Is Top-Heavy, under the four-step method (as described in subsection (a)(1)(ii)(B) above). In determining Excess Compensation,
the Integration Level is the Taxable Wage Base, unless designated otherwise under AA §6-2(b)(3). 

  

	 	(3)	New comparability contribution. Under the new comparability contribution method, the Employer may make a different contribution to each Participant’s
Employer Contribution Account based on the designated Employee groups identified under AA §6-2(c). 

 The
Employer Contribution made for a designated Employee group will be allocated to each eligible Participant in such group as a uniform percentage of Plan Compensation or as a uniform dollar amount, as designated in AA §6-2(c)(2). The Employer
also may elect to allocate an amount to each eligible Participant in a designated Employee group the maximum amount permissible under Code §415. See Section 5.03. 
 The Employee groups designated in AA §6-2(c) must be clearly defined in a manner that will not violate the definite determinable requirement of Treas. Reg. §1.401-1(b)(1)(ii). The portion of the
Employer Contribution designated for a specific Employee group will be allocated only to Participants within that group. If a Participant is in more than one Employee group during the Plan Year, the Participant will receive an Employer Contribution
based on the Participant’s status on the last day of the Plan Year. In the event a Participant is in two or more Employee groups on the last day of the Plan Year, the Participant will receive an Employer Contribution based on the first Employee
group listed under AA §6-2(c) in which the Participant is a part. 
 The Plan still must satisfy the general
nondiscrimination rate group test under Treas. Reg. §1.401(a)(4)-2(c) with respect to the separate contribution rates under the Plan. The Plan will use standard interest rate and mortality table assumptions in accordance with Treas. Reg.
§1.401(a)(4)-12 when testing the allocation formula for nondiscrimination. In the case of self-employed individuals (i.e., sole proprietorships or partnerships), the requirements of 1.401(k)-1(a)(6) continue to apply, and the designation of
Employee groups should not be such that a cash or deferred election is created for a self-employed individual as a result of application of such designation. A designated Employee group which is limited to Nonhighly Compensated Employees with the
lowest amount of compensation and/or the shortest periods of service may be deemed to violate the nondiscrimination requirements under Code §401(a)(4). 
  

	 	(4)	Age-based contribution. Under the age-based contribution method, the Employer will contribute a specific percentage of each Participant’s adjusted
Plan Compensation. Amounts contributed under an age-based contribution formula must satisfy the general nondiscrimination rate group test under Treas. Reg. §1.401(a)(4)-2(c). 

 

	 	(i)	Adjusted Plan Compensation. For this purpose, a Participant’s adjusted Plan Compensation is determined by multiplying the Participant’s Plan
Compensation by an Actuarial Factor (as described in subsection (ii) below). 

  

	 	(ii)	Actuarial Factor. A Participant’s Actuarial Factor must be determined based on standard actuarial assumptions that satisfy Treas. Reg.
§1.401(a)(4)-12 using a testing age that is the later of Normal Retirement Age or the Employee’s current age. Unless designated otherwise under AA §6-2(d), a Participant’s Actuarial Factor is determined based on an 8.5% interest
rate and the UP-1984 mortality table. (See Appendix A of the Plan for the Actuarial Factors associated with an 8.5% interest rate and the UP-1984 mortality table and a testing age of 65. If an interest rate other than 8.5% or a mortality table other
than the UP-1984 mortality table is selected under AA §6-2(d), or if a testing age other than age 65 

  

			
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is used, the Plan must determine the appropriate Actuarial Factors based on the designated interest rate, mortality table and testing age.) 

 

	 	(5)	Service-based Employer Contribution. If elected in AA §6-2(e), the Employer will make a contribution based on an Employee’s service with the
Employer during the Plan Year (or other period designated under AA §6-4.) The Employer Contribution will be allocated on the basis of Participants’ Hours of Service, weeks of employment or other measuring period selected under AA
§6-2(e). Amounts contributed on the basis of service must satisfy the general nondiscrimination rate group test under Treas. Reg. §1.401(a)(4)-2(c). 

 

	 	(6)	Prevailing Wage Contribution. If elected in AA §6-2(f), the Employer will make a Prevailing Wage Contribution for Participants who perform Prevailing
Wage service. For this purpose, Prevailing Wage service is any service performed by an Employee under a public contract subject to the Davis-Bacon Act or to any other federal, state or municipal prevailing wage law. The Employer will make an
Employer Contribution based on the hourly contribution rate for the Participant’s employment classification. Special restrictions may apply in order for Prevailing Wage Contributions to be taken into account for purposes of satisfying the
applicable federal, state or municipal prevailing wage laws. The Employer may attach an Addendum to the Adoption Agreement setting forth the hourly contribution rate for the employment classifications eligible for Prevailing Wage Contributions.

 Unless provided otherwise in AA §6-2(f)(2), the default rules described in subsection (a)(4) above will
apply for purposes of determining the Prevailing Wage Contribution. If the Employer elects to provide eligibility requirements or vesting requirements with respect to Prevailing Wage Contributions under AA §6-2(f), the Employer may not be able
to take full credit under applicable federal, state or municipal prevailing wage laws for the Prevailing Wage Contributions made under this Plan. See the applicable prevailing wage laws for more information regarding the effect of eligibility and/or
vesting requirements. 
 The Employer may elect under AA §6-2(f)(1) to offset other Employer Contributions made under the
Plan by the Prevailing Wage Contribution. 
  

	 	(7)	Frozen Plan. The Employer may designate under AA §6-2(g) that the Plan is a frozen Plan. As a frozen Plan, the Employer will not make any Employer
Contributions with respect to Plan Compensation earned after the date identified in AA §6-2(g). 

  

	 	(c)	Period for determining Employer Contributions. In determining the amount of Employer Contributions to be allocated to Participants under the Plan, the
Plan will take into account Plan Compensation (as defined in Section 1.92) for the Plan Year. The Employer may designate under AA §6-5 alternative periods for determining the allocation of Employer Contributions. If alternative periods are
designated under AA §6-5, a Participant’s allocation of Employer Contributions will be determined separately for each designated period based on Plan Compensation earned during such period. If an alternative period is designated under AA
§6-5, the Employer need not actually make the Employer Contribution during the designated period, provided the total Employer Contribution for the Plan Year is allocated based on the proper Plan Compensation. (If the permitted disparity
allocation method applies under AA §6-2(b), the allocation will be based on the Plan Year.) 

  

	 	(d)	Offset of Employer Contributions. 

  

	 	(1)	Offset of Employer Contributions by Safe Harbor Employer Contributions. If the Plan provides for Safe Harbor Employer Contributions under AA §6C of
the Profit Sharing/401(k) Plan Adoption Agreement and such Safe Harbor Employer Contributions are not available to all eligible Participants (pursuant to the selections made in AA §6C-3(a)), the Employer may elect under AA §6C-4 to offset
any additional Employer Contributions a Participant would otherwise receive by the amount of Safe Harbor Employer Contributions the Participant receives under the Plan. Thus, when allocating any additional Employer Contributions under the Plan, if
so elected under AA §6C-4, no amounts will be allocated to Participants who receive a Safe Harbor Employer Contribution until the amount of additional Employer Contributions exceeds the amount of Safe Harbor Employer Contributions received
under the Plan. For this purpose, if the permitted disparity allocation method applies, this offset applies only to the second step of the two-step permitted disparity formula or the fourth step of the four-step permitted disparity formula.

  

	 	(2)	Offset for contributions under another qualified plan maintained by the Employer. If the Employer maintains any other qualified plan(s) which cover any
Participants under this Plan, the Employer may elect under AA §6 to reduce such Participants’ allocation under this Plan to take into account the benefits provided under the Employer’s other qualified plan(s). For purposes of
satisfying the coverage requirements under Code §410(b) and the nondiscrimination requirements under Code §401(a)(4), this Plan may need to be aggregated 

  

			
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with such other qualified plan(s) in accordance with Treas. Reg. §1.410(b)-7. The Employer may attach an addendum to the Adoption Agreement describing how the offset will be applied.

  

	3.03	Salary Deferrals. The Employer may elect under AA §6A of the Profit Sharing/401(k) Plan Adoption Agreement to authorize Participants to make Salary
Deferrals under the Plan. A Participant’s total Salary Deferrals under this Plan may not exceed the lesser of: (i) any limitation designated under AA §6A-2; (ii) the Elective Deferral Dollar Limit described under
Section 5.02; or (iii) the amount permitted under the Code §415 Limitation described under Section 5.03. The Employer may elect under AA §6A-2(c) of the Profit Sharing/401(k) Plan Adoption Agreement to apply a different
limit on Salary Deferrals to the extent such Salary Deferrals are withheld from a Participant’s bonus payments. 

  

	 	(a)	Salary Deferral Election. In order to make Salary Deferrals under the Plan, a Participant must enter into a Salary Deferral Election which authorizes the
Employer to withhold a specific dollar amount or a specific percentage from the Participant’s Plan Compensation. The Salary Reduction Agreement may permit a Participant to specify a different percentage or dollar amount be withheld from
specified components of Plan Compensation, such as base pay, bonuses, commissions, etc. The Employer will deposit any amounts withheld from a Participant’s Plan Compensation as Salary Deferrals into the Participant’s Salary Deferral
Account under the Plan. A Salary Deferral Election may only relate to Plan Compensation that is not currently available at the time the Salary Deferral Election is completed. In determining the amount to be withheld from a Participant’s Plan
Compensation, the Plan Administrator may round any Salary Deferral election to the next highest or lowest whole dollar amount. 

 The Employer may designate under AA §6A-9 of the Profit Sharing/401(k) Plan Adoption Agreement to apply a special effective date as of which Participant’s may begin making Salary Deferrals under
the Plan. Regardless of any special effective date designated under AA §6A-9, a Salary Deferral Election may not be effective prior to the later of: (a) the date the Employee becomes a Participant; (b) the date the Participant
executes the Salary Deferral Election; or (c) the date the Profit Sharing/401(k) Plan is adopted or effective. In addition, Salary Deferrals made pursuant to a Salary Deferral Election may not be made earlier than the date the Participant
performs the services to which such Salary Deferrals relate or the date the compensation subject to such Salary Deferral Election would be currently available to the Participant absent the deferral election (if earlier). 

A Salary Deferral Election is valid even though it is executed by an Employee before he/she actually has qualified as a Participant, so
long as the Salary Deferral Election is not effective before the date the Employee is a Participant. 
  

	 	(b)	Change in deferral election. An Employee must be permitted to enter into a new Salary Deferral Election or to modify or terminate an existing Salary
Deferral Election at least once a year. In addition, the Employer may designate under AA §6A-7 of the Profit Sharing/401(k) Plan Adoption Agreement additional dates for a Participant to modify or terminate an existing Salary Deferral Election.
Alternatively, the Employer may designate additional dates on the Salary Deferral Election form (or other written procedures). 

  

	 	(c)	Automatic deferral election. The Employer may elect under AA §6A-8 of the Profit Sharing/401(k) Plan Adoption Agreement to provide for an automatic
deferral election under the Plan. If the Employer elects to apply an automatic deferral election, the Employer will automatically withhold the amount designated under AA §6A-8 from Participants’ Plan Compensation, unless the Participant
completes a Salary Deferral Election electing a different deferral amount (including a zero deferral amount). If an automatic deferral election applies under the Plan, such election will not apply to Participants who have entered into a Salary
Deferral Election for an amount equal to or greater than the automatic deferral amount designated under AA §6A-8. The Employer also may elect to apply the automatic deferral election only to Participants who become eligible to participate after
a specified date. Any Salary Deferrals withheld pursuant to an automatic deferral election will be deposited into the Participant’s Salary Deferral Account. 

 The Plan may provide under AA §6A-8 that the automatic deferral amount will automatically increase by a designated percentage or dollar amount each Plan Year. In applying any automatic deferral
increase under AA §6A-8, the initial deferral amount will apply for the period that begins when the employee first participates in the automatic contribution arrangement and ends on the last day of the following Plan Year. The automatic
increase will apply for each full Plan Year beginning with the Plan Year immediately following the initial deferral period and for each subsequent full Plan Year. For example, if an Employee makes his/her first automatic deferral for the period
beginning July 1, 2009, the first automatic increase would not take effect until January 1, 2011 (assuming the Plan is using a calendar Plan Year) which is the Plan Year beginning after the first full Plan Year following the period for
which the Employee makes his/her first automatic deferral under the Plan. 
 Prior to the time an automatic deferral election
first goes into effect, the Participant must receive written notice concerning the effect of the automatic deferral election and his/her right to elect a different level of deferral under the Plan, including the right to elect not to defer. After
receiving the notice, a Participant must have a reasonable time to enter into a new Salary Deferral Election before any automatic deferral election goes into effect. 

  

			
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	 	(d)	Catch-Up Contributions. If permitted under AA §6A-4, a Participant who is aged 50 or over by the end of his/her taxable year beginning in the
calendar year may make Catch-Up Contributions under the Profit Sharing/401(k) Plan, provided such Catch-Up Contributions are in excess of an otherwise applicable limit under the Plan. For this purpose, an otherwise applicable Plan limit is a limit
in the Plan that applies to Salary Deferrals without regard to Catch-up Contributions, such as a Plan-imposed Salary Deferral limit under AA §6A-2, the Code §415 Limitation (described in Section 5.03), the Elective Deferral Dollar
Limit (described in Section 5.02), and the limit imposed by the ADP Test (described in Section 6.01). For this purpose, an ADP Test limit only applies to the extent a Highly Compensated Employee is required to receive a corrective refund
under Section 6.01(b)(2). 

  

	 	(1)	Catch-Up Contribution Limit. Catch-up Contributions for a Participant for a taxable year may not exceed the Catch-Up Contribution Limit. The Catch-Up
Contribution Limit for taxable years beginning in 2002 is $1,000, for taxable years beginning in 2003 is $2,000, for taxable years beginning in 2004 is $3,000, for taxable years beginning in 2005 is $4,000 and for taxable years beginning in 2006 is
$5,000. For taxable years beginning after 2006, the Catch-Up Contribution Limit will be adjusted for cost-of-living increases under Code §414(v)(2)(C). For this purpose, a Participant may make Catch-Up Contributions to the extent the Catch-Up
Contributions, when added to other Salary Deferrals, does not exceed 75 percent of the Participant’s Plan Compensation for the taxable year. (A Different Catch-Up Contribution Limit applies for SIMPLE 401(k) Plans. See Section 6.05(b)(2).)

  

	 	(2)	Special treatment of Catch-Up Contributions. Catch-up Contributions are not subject to the Elective Deferral Dollar Limit or the Code §415
Limitation, are not counted in the ADP Test, and are not counted in determining the minimum allocation under Code §416 (as defined in Section 4.04), but Catch-Up Contributions made in prior years are counted in determining whether the Plan
is Top Heavy. 

  

	 	(e)	Roth Deferrals. If permitted under AA §6A-5, a Participant may designate all or a portion of his/her Salary Deferrals as Roth Deferrals. For this
purpose, a Roth Deferral is a Salary Deferral that satisfies the following conditions: 

  

	 	(1)	Irrevocable election. The Participant makes an irrevocable election (at the time the Participant enters into his/her Salary Deferral Election) designating
all or a portion of his/her Salary Deferrals as Roth Deferrals. The irrevocable election applies with respect to Salary Deferrals that are made pursuant to such election. A Participant may modify or change a Salary Deferral Election to increase or
decrease the amount of Salary Deferrals designated as Roth Deferrals, provided such change or modification applies only with respect to Salary Deferrals made after such change or modification. (See subsection (b) above for rules regarding the
timing of permissible changes or modifications to a Participant’s Salary Deferral Election.) 

  

	 	(2)	Subject to immediate taxation. To the extent a Participant designates all or a portion of his/her Salary Deferrals as Roth Deferrals, such amounts will be
includible in the Participant’s income at the time the Participant would have received the contribution amounts in cash if the Employee had not made the Salary Deferral election. 

 

	 	(3)	Separate account. Any amounts designated as Roth Deferrals will be maintained by the Plan in a separate Roth Deferral Account. The Plan will credit and
debit all contributions and withdrawals of Roth Deferrals to such separate Account. The Plan will separately allocate gains, losses, and other credits and charges to the Roth Deferral Account on a reasonable basis that is consistent with such
allocations for other Accounts under the Plan. However, in no event may the Plan allocate forfeitures under the Plan to the Roth Deferral Account. The Plan will separately track Participants’ accumulated Roth Deferrals and the earnings on such
amounts. 

  

	 	(4)	Satisfaction of Salary Deferral requirements. Roth Deferrals are subject to the same requirements as apply to Salary Deferrals. Thus Roth Deferrals are
subject to the following requirements: 

  

	 	(i)	Roth Deferrals are always 100% vested, as provided in Section 7.01. 

 

	 	(ii)	Roth Deferrals are subject to the Elective Deferral Dollar Limit, as described in Section 5.02. For this purpose, all Salary Deferrals (both Pre-Tax Salary
Deferrals and Roth Deferrals) are aggregated in applying the Elective Deferral Dollar Limit. 

  

	 	(iii)	Roth Deferrals are subject to the same distribution restrictions as apply to Salary Deferrals under Section 8.10(c). See Section 8.11(b) for special
distribution provisions applicable to Roth Deferrals. 

  

	 	(iv)	Roth Deferrals are subject to ADP nondiscrimination testing, as set forth in Section 6.01. 

 

	 	(v)	Roth Deferrals are subject to the required minimum distribution requirements under Code §401(a)(9), as set forth in Section 8.12.

  

			
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	 	(vi)	Roth Deferrals are treated as Employer Contributions for purposes of Code §§401(a), 401(k), 402, 411, 412, 415, 416 and 417. 

 

	 	(5)	Rollover of Roth Deferrals. 

  

	 	(i)	Rollovers from this Plan. For purposes of the rollover rules under Section 8.05, a Direct Rollover of a distribution from a Participant’s Roth
Deferral Account will only be made to another Roth Deferral Account under a qualified plan described in Code §401(a) or an annuity contract or custodial account described in Code §403(b) or to a Roth IRA described in §408A, and only
to the extent the rollover is permitted under the rules of Code §402(c). 

  

	 	(ii)	Rollovers to this Plan. Subject to the provisions under Section 3.07, a Participant may make a Rollover Contribution to his/her Roth Deferral Account
only if the rollover is a Direct Rollover from another Roth Deferral Account under a qualified retirement plan (as described in Section 3.07) and only to the extent the rollover is permitted under the rules of Code §402(c). A rollover of
Roth Deferrals may not be made to this Plan from a Roth IRA. 

  

	 	(iii)	Minimum rollover amount. The Plan will not provide for a Direct Rollover (including an Automatic Rollover) for distributions from a Participant’s
Roth Deferral Account if it is reasonably expected (at the time of the distribution) that the total amount the Participant will receive as a distribution during the calendar year will total less than $200. In addition, any distribution from a
Participant’s Roth Deferral Account is not taken into account in determining whether distributions from a Participant’s other Accounts are reasonably expected to total less than $200 during a year. However, Eligible Rollover Distributions
from a Participant’s Roth Deferral Account are taken into account in determining whether the total amount of the Participant’s Account Balances under the Plan exceeds $1,000 for purposes of applying the Automatic Rollover provisions under
Section 8.06. 

  

	 	(iv)	Separate treatment of Roth Deferrals. The provisions under Section 8.05 that allow a Participant to elect a Direct Rollover of only a portion of an
Eligible Rollover Distribution but only if the amount rolled over is at least $500 is applied by treating any amount distributed from the Participant’s Roth Deferral Account as a separate distribution from any amount distributed from the
Participant’s other Accounts in the Plan, even if the amounts are distributed at the same time. 

  

	3.04	Matching Contributions. The Employer may elect under AA §6B of the Profit Sharing/401(k) Plan Adoption Agreement to authorize Matching Contributions
under the Plan. If the Employer elects more than one Matching Contribution formula under AA §6B-2, each formula is applied separately. A Participant’s aggregate Matching Contributions will be the sum of the Matching Contributions under all
such formulas. Any Matching Contribution made under the Plan will be allocated to Participants’ Matching Contribution Account. To receive an allocation of Matching Contributions, a Participant must satisfy any allocations conditions designated
under the Plan, as described in Section 3.09 below. 

  

	 	(a)	Contributions eligible for Matching Contributions. The Matching Contribution formula(s) applies to Salary Deferrals and After-Tax Contributions, to the
extent authorized under the Plan. The Employer may elect under AA §6D-3 to exclude After-Tax Contributions from the Matching Contribution formula(s). If the Matching Contribution formula(s) applies to both Salary Deferrals and After-Tax
Contributions, such contributions are aggregated to determine the Matching Contributions under the Plan. Any reference to Salary Deferrals under the Matching Contribution formula(s) includes After-Tax Contributions to the extent such amounts are
eligible for Matching Contributions under the Plan. 

  

	 	(b)	Period for determining Matching Contributions. AA §6B-5 sets forth the period for which the Matching Contribution formula(s) applies. For this
purpose, the period designated in AA §6B-5 applies for purposes of determining the amount of Salary Deferrals (and After-Tax Contributions, if applicable) taken into account in applying the Matching Contribution formula(s) and in applying any
limits on the amount of Salary Deferrals that may be taken into account under the Matching Contribution formula(s). (See subsection (c) for rules applicable to “true-up” contributions where the Employer contributes Matching
Contributions to the Plan on a different period than selected under AA §6B-5.) 

  

	 	(c)	True-up contributions. If the Employer makes Matching Contributions more frequently than annually, the Employer may have to make “true-up”
contributions for Participants. Such “true-up” contributions will be required if the Employer actually contributes Matching Contributions to the Plan on a more frequent basis than is used for purposes of determining the amount of Salary
Deferrals taken into account under AA §6B-5. For example, if the Plan limits Matching Contributions on the basis of Salary Deferrals for the Plan Year, but the Employer contributes the Matching Contributions on a quarterly basis, the Employer
may have to make a “true-up” contribution to any Participant based on 

  

			
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Salary Deferrals for the Plan Year. If a “true-up” contribution is required under this subsection (c), the Employer may make such additional contribution as required to satisfy the
contribution requirements under the Plan. Similar “true-up” contribution requirements will apply with respect to Safe Harbor Matching Contributions under Section 6.04(a)(1)(ii). 

 

	 	(d)	Qualified Matching Contributions (QMACs). Notwithstanding any contrary selections in the Profit Sharing/401(k) Plan Adoption Agreement, for any Plan Year,
the Employer may make a discretionary QMAC on behalf of Nonhighly Compensated Participants under the Plan. Such QMAC will be allocated uniformly to all Nonhighly Compensated Participants, without regard to any allocation conditions selected in AA
§6B-7. In addition, the Employer may elect under AA §6B-4 to treat all (or a portion) of the Matching Contributions designated under AA §6B-2 as QMACs. 

Any QMAC contributed pursuant to this subsection (d) must satisfy the following requirements at the time the contribution is made to
the Plan, regardless of any inconsistent elections under the Profit Sharing/401(k) Plan Adoption Agreement: 
  

	 	(1)	100% vesting. A QMAC must be 100% vested when contributed to the Plan. 

 

	 	(2)	Distribution restrictions. A QMAC must be subject to the same distribution restrictions applicable to Salary Deferrals under Section 8.10(c), except
that no portion of a Participant’s QMAC Account may be distributed on account of Hardship. See Section 8.10(d). 

  

	 	(3)	Allocation conditions. A QMAC will not be subject to the allocation provisions applicable to Matching Contributions, as designated under AA §6B-7,
unless provided otherwise under AA §6B-4. 

  

	 	(4)	Discretionary QMAC. If the Employer makes both a discretionary Matching Contribution under AA §6B-2(a) and a discretionary QMAC, the Employer must
designate, in writing, the amount of the Matching Contribution that is designated as a regular Matching Contribution and the amount designated as a QMAC. 

  

	3.05	Safe Harbor Contributions. The Employer may elect under AA §6C of the Profit Sharing/401(k) Plan Adoption Agreement to treat the Plan as a Safe
Harbor 401(k) Plan. To qualify as a Safe Harbor 401(k) Plan, the Employer must make a Safe Harbor Employer Contribution or a Safe Harbor Matching Contribution. Such contributions are subject to special vesting and distribution restrictions and will
be allocated to a Participant’s Safe Harbor Employer Contribution Account or Safe Harbor Matching Contribution Account, as applicable. See Section 6.04(a) for the requirements that must be met to qualify as a Safe Harbor 401(k) Plan.

  

	3.06	After-Tax Contributions. The Employer may elect under AA §6D of the Profit Sharing/401(k) Plan Adoption Agreement to allow Participants to make
After-Tax Contributions under the Plan. Any After-Tax Contributions made under this Plan are subject to the ACP Test outlined in Section 6.02. Any After-Tax Contributions made under the Plan will be held in Participants’ After-Tax
Contribution Account, which is always 100% vested. A Participant may withdraw amounts from his/her After-Tax Contribution Account at any time, in accordance with the distribution rules under Section 8.10(a), except as prohibited under AA
§10. No forfeitures will occur solely as a result of an Employee’s withdrawal of After-Tax Contributions. The Plan Administrator may establish separate written administrative procedures addressing the acceptance of After-Tax Contributions.
For example, the Employer may provide in separate administrative procedures that After-Tax Contributions will only be accepted through payroll reduction. Any separate procedures will apply uniformly to all Participants under the Plan.

  

	3.07	Rollover Contributions. An Employee may make a Rollover Contribution to this Plan from another qualified retirement plan or from an IRA, if the acceptance
of rollovers is permitted under AA §C-2 or if the Plan Administrator adopts administrative procedures regarding the acceptance of Rollover Contributions. Subject to the provisions under Section 3.03(e)(5)(ii) relating to rollovers of Roth
Deferrals, any Rollover Contribution an Employee makes to this Plan will be held in the Employee’s Rollover Contribution Account, which is always 100% vested. A Participant may withdraw amounts from his/her Rollover Contribution Account at any
time, in accordance with the distribution rules under Section 8, except as prohibited under AA §10. 

For purposes of this Section 3.07, a “qualified retirement plan” is a tax-qualified retirement plan described in Code
§401(a) or Code §403(a), an annuity contract described in §403(b) of the Code, or an eligible plan under §457(b) of the Code 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. To qualify as a Rollover Contribution under this Section, the Rollover Contribution must be transferred directly from the qualified retirement plan or IRA in a Direct Rollover or must be transferred to the
Plan by the Employee within sixty (60) days following receipt of the amounts from the qualified plan or IRA. 
 If Rollover
Contributions are permitted, an Employee may make a Rollover Contribution to the Plan even if the Employee is not a Participant with respect to any or all other contributions under the Plan, unless otherwise prohibited under separate administrative
procedures adopted by the Plan Administrator. An Employee who makes a Rollover Contribution to this Plan 

  

			
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prior to becoming a Participant shall be treated as a Participant only with respect to such Rollover Contribution Account, but shall not be treated as a Participant until he/she otherwise
satisfies the eligibility conditions under the Plan. 
 The Plan Administrator may refuse to accept a Rollover Contribution if
the Plan Administrator reasonably believes the Rollover Contribution (a) is not being made from a proper plan or IRA; (b) is not being made within sixty (60) days from receipt of the amounts from a qualified retirement plan or IRA;
(c) could jeopardize the tax-exempt status of the Plan; or (d) could create adverse tax consequences for the Plan or the Employer. Prior to accepting a Rollover Contribution, the Plan Administrator may require the Employee to provide
satisfactory evidence establishing that the Rollover Contribution meets the requirements of this Section. 
 The Plan
Administrator may apply different conditions for accepting Rollover Contributions from qualified retirement plans and IRAs. Any conditions on Rollover Contributions must be applied uniformly to all Employees under the Plan. 

 

	3.08	Deductible Employee Contributions. The Plan Administrator will not accept deductible employee contributions that are made for a taxable year beginning
after December 31, 1986. Contributions made prior to that date will be maintained in a separate Account which will be nonforfeitable at all times. The Account will share in the gains and losses under the Plan in the same manner as described in
Section 10.03(d). No part of the deductible voluntary contribution Account will be used to purchase life insurance. Subject to the Joint and Survivor Annuity requirements under Section 9 (if applicable), the Participant may withdraw any
part of the deductible voluntary contribution Account by making a written application to the Plan Administrator. 

  

	3.09	Allocation Conditions. In order to receive an allocation of Employer Contributions (other than Salary Deferrals and Safe Harbor Contributions) or an
allocation of Matching Contributions, a Participant must satisfy any allocation conditions designated under AA §6-6 or AA §6B-7, as applicable. If the Employer elects under AA §6-6(d) or AA §6B-7(d) to apply a minimum service
requirement, the Employer may elect to base such minimum service requirement on the basis of Hours of Service or on the basis of consecutive days of employment under the Elapsed Time method. The imposition of an allocation condition may cause the
Plan to fail the minimum coverage requirements under Code §410(b), unless the only allocation condition under the Plan is a safe harbor allocation condition. Under the safe harbor allocation condition, a Participant who completes the minimum
service required under AA §6-6(b) or AA §6B-7(b), as applicable, will satisfy the safe harbor allocation condition for receiving an Employer Contribution or Matching Contribution, even if the Participant’s employment terminates during
the Plan Year. 

  

	 	(a)	Application to designated period. Instead of applying the allocation conditions on the basis of the Plan Year, the Employer may elect in AA §6-6(e)
or AA §6B-7(e) to apply the allocation conditions on the basis of designated periods. If the Employer elects to apply a last day of employment condition on the basis of designated periods, a Participant will not be entitled to an allocation of
Employer Contributions or Matching Contributions for any period designated under AA §6-5(a) or AA §6B-5, as applicable, unless the Participant is employed by the Employer at the end of such designated period. If the Employer elects to
apply an Hours of Service allocation condition on the basis of designated periods, a Participant will not be entitled to an allocation of Employer Contributions or Matching Contributions for any period designated under AA §6-5(a) or AA
§6B-5, as applicable, unless the Participant satisfies the required service condition before the end of such designated period. 

 If the Employer elects to apply the allocation conditions on the basis of designated periods, the Employer may elect to apply any Hours of Service condition using the cumulative method (as described in
subsection (1) below) or the period-by-period method (as described in subsection (2) below). The Employer may elect operationally to use either method in applying the Hours of Service condition, provided the Employer uses the same method
for all affected Employees during any given period. (If the Employer elects to apply a minimum service requirement on the basis of days of employment under AA §6-6(d)(2) or AA §6B-7(d)(2), as applicable, the Employer may not apply such
minimum service condition on the basis of designated periods. Likewise, the Employer may not apply any Hours of Service requirement under a safe harbor allocation condition on the basis of designated periods. In either case, however, the Employer
may apply a last day of employment condition, if applicable, on the basis of designated periods.) 
  

	 	(1)	 Cumulative method. Under the cumulative method, the Hours of Service condition is applied with respect to each designated period on a
cumulative basis for the Plan Year. The required service condition for any period is determined by multiplying the required Hours of Service (or days of employment, if applicable) by a fraction, the numerator of which is the total number of periods
completed during the Plan Year (including the current period) and the denominator of which is the total number of periods during the Plan Year. For example, if a Participant must complete 1,000 Hours of Service to receive an Employer Contribution or
Matching Contribution under the Plan, and the Employer elects to apply such condition on the basis of Plan Year quarters under AA §6-5(a) or AA §6B-5, as applicable, a Participant would have to complete 250 Hours of Service by the end of
the first Plan Year quarter [1/4 x 1,000], 500 Hours of Service by the end of the second Plan Year quarter [2/4 x 1,000], 750 Hours of Service by the end of the third Plan Year quarter [3/4 x 1,000] and 1,000 Hours of Service by the end of the Plan
Year [4/4 x 1,000] to receive an allocation of the Employer Contribution or Matching Contribution for such period. If a Participant does not satisfy the required service 

  

			
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 Volume Submitter Defined Contribution Plan 

Section 3 – Plan Contributions 
  

	 	
condition for any designated period during the Plan Year, no Employer Contribution or Matching Contribution will be allocated to that Participant for such period. 

 

	 	(2)	Period-by-period method. Under the period-by-period method, the minimum service allocation condition is applied separately for each designated period. The
required service condition for any period is determined by multiplying the required Hours of Service (or days of employment, if applicable) by a fraction, the numerator of which is one (1) and the denominator of which is the total number of
periods during the Plan Year. For example, if a Participant must complete 1,000 Hours of Service to receive an Employer Contribution or Matching Contribution under the Plan, and the Employer elects to apply such condition on the basis of Plan Year
quarters under AA §6-5(a) or AA §6B-5, as applicable, a Participant would have to complete 250 Hours of Service in each Plan Year quarter [1/4 x 1,000] to receive an allocation of the Employer Contribution or Matching Contribution for such
period. If a Participant does not satisfy the required service condition for any designated period during the Plan Year, no Employer Contribution or Matching Contribution will be allocated to that Participant for such period.

  

	 	(b)	Special rule for year of termination. A last day employment condition automatically applies for any Plan Year in which the Plan is terminated, regardless
of whether the Employer has elected to apply a last day employment condition under AA §6-6 or AA §6B-7, as applicable. Thus, the Employer will not be obligated to make an Employer Contribution or Matching Contribution for the Plan Year in
which the Plan terminates, unless the Employer provides for an Employer Contribution and/or Matching Contribution in its termination amendment. If there are unallocated forfeitures at the time of Plan termination, such forfeitures will be allocated
to Participants under the Plan’s procedures for allocating forfeitures. 

  

	 	(c)	Special allocation condition for Matching Contributions under the Plan. The Employer may elect under AA §6B-7(f) of the Profit Sharing/401(k) Plan
Adoption Agreement to require as a condition for receiving a Matching Contribution that a Participant not withdraw the underlying Salary Deferrals (and After-Tax Contributions, if applicable) prior to the end of the period for which the Matching
Contribution is made. A Participant may take a distribution of matched contributions that were contributed for a prior period without losing eligibility for a current Matching Contribution. This subsection (c) will not prevent a Participant
from taking a loan (as permitted under Section 13) with respect to matched contributions during the period for which a Matching Contribution is being determined. 

 

	 	(d)	Service with Predecessor Employers. If the Employer maintains the plan of a Predecessor Employer, any service with such Predecessor Employer is treated as
service with the Employer for purposes of applying the allocation conditions under this Section 3.09. If the Employer does not maintain the plan of a Predecessor Employer, service with such Predecessor Employer does not count for purposes of
applying the allocation conditions under this Section 3.09, unless the Employer specifically designates under AA §4-5 to credit service with such Predecessor Employer. Unless designated otherwise under AA §4-5, if the Employer takes
into account service with a Predecessor Employer, such service will count for purposes of eligibility under Section 2 (see Section 2.06), vesting under Section 7 (see Section 7.06) and for purposes of the minimum allocation
conditions under this Section 3.09. 

  

	3.10	Contribution of Property. Subject to the consent of the Trustee, the Employer may make its contribution to the Plan in the form of property, provided such
contribution does not constitute a prohibited transaction under the Code or ERISA. The decision to make a contribution of property is subject to the general fiduciary rules under ERISA. This Section 3.10 does not apply for purposes of the Money
Purchase Adoption Agreement. 

  

			
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 Volume Submitter Defined Contribution Plan 

Section 4 – Top Heavy Plan Requirements 
  

 SECTION 4 
 TOP HEAVY PLAN REQUIREMENTS 
 For any Plan Year for which this Plan is Top Heavy, the
provisions of this Section apply and supersede any conflicting provisions in the Plan or Adoption Agreement. 
  

	4.01	Top Heavy Plan. This Plan is Top Heavy if any of the following conditions exist: 

 

	 	(a)	If the Top Heavy Ratio for this Plan exceeds sixty percent (60%) and this Plan is not part of any Required Aggregation Group or Permissive Aggregation
Group; 

  

	 	(b)	If this Plan is a part of a Required Aggregation Group (but is not part of a Permissive Aggregation Group) and the aggregate Top Heavy Ratio for the group of
plans exceeds 60%; or 

  

	 	(c)	If 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%. 

 If the Plan is a Safe Harbor 401(k) Plan and the Plan consists solely of Safe Harbor Contributions
(as described in Section 6.04(a)(1)) and Matching Contributions that satisfy the ACP Test safe harbor (as described in Section 6.04(g)), the Plan is not subject to the Top Heavy requirements of this Section 4 provided the
contributions under the Plan are provided to all Employees eligible to make Salary Deferrals. 
  

	4.02	Top Heavy Ratio. 

  

	 	(a)	Defined Contribution Plan(s) only. If the Employer maintains one or more Defined Contribution Plans (including a SEP described under Code §408(k))
and the Employer has not maintained any Defined Benefit Plan which during the 1-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 Aggregation Group 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) and the denominator of which is the sum of all Account Balances, both
computed in accordance with Code §416 and the regulations thereunder. For this purpose, the Account Balance used for purposes of applying the Top Heavy rules includes any part of the Account Balance distributed in the 1-year period ending on
the Determination Date(s) (or during the 5-year period ending on the Determination Date in the case of a distribution made for a reason other than severance from employment, death or disability). 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 § 416 of the Code and the regulations thereunder. In determining whether a Plan is
Top Heavy for a Plan Year beginning before January 1, 2002, the 1-year period described in this subsection (a) is replaced with a 5-year period each place it appears. 

 

	 	(b)	Maintenance of Defined Benefit Plan. If the Employer maintains one or more Defined Contribution Plans (including a SEP, as described under Code
§408(k)) and the Employer maintains or has maintained one or more Defined Benefit Plans which during the 1-year period ending on the Determination Date(s) has or has had any accrued benefits, the Top Heavy Ratio for any Required Aggregation
Group or Permissive Aggregation Group (as appropriate), is a fraction, the numerator of which is the sum of Account Balances under the Defined Contribution Plan(s) for all Key Employees, determined in accordance with subsection (a) above, and
the present value of accrued benefits under the aggregated Defined Benefit Plan(s) 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(s) for all Participants, determined in accordance with subsection (a) above, and the present value of accrued benefits under the Defined Benefit Plan(s) for all Participants as of the Determination Date(s), all determined in accordance
with Code §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 distributions of an accrued benefit made during the 1-year
period ending on the Determination Date (or during the 5-year period ending on the Determination Date in the case of a distribution made for a reason other than severance from employment, death or disability). In determining whether a Plan is Top
Heavy for a Plan Year beginning before January 1, 2002, the 1-year period described in this subsection (b) is replaced with a 5-year period each place it appears. 

 

	 	(c)	Determining value of Account Balance or accrued benefit. For purposes of subsections (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 §416 and the regulations thereunder for
the first and second Plan Years of a Defined Benefit Plan. 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.

  

			
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Section 4 – Top Heavy Plan Requirements 
  

	 	(1)	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 1-year period ending on the Determination Date will be disregarded. In determining whether a plan is Top Heavy for a Plan Year
beginning before January 1, 2002, the 1-year period described in the prior sentence is replaced with a 5-year period. 

  

	 	(2)	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 §416 of the Code and the regulations thereunder. Deductible employee contributions will not be taken into account for purposes of computing the Top Heavy Ratio. 

 

	 	(3)	The accrued benefit of a Participant other than a Key Employee shall be determined under the method, if any, that uniformly applies for accrual purposes under
all Defined Benefit Plans maintained by the Employer, or 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 §411(b)(1)(C). 

 

	4.03	Other Definitions. 

  

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

  

	 	(1)	an officer of the Employer with annual Total Compensation greater than $130,000 (as adjusted under Code §416(i)(1)), 

 

	 	(2)	a Five-Percent Owner (as defined in Section 1.66(a); or 

  

	 	(3)	a more than 1-percent owner of the Employer with an annual Total Compensation of more than $150,000. 

In determining whether a plan is Top Heavy for Plan Years beginning before January 1, 2002, Key Employee means any Employee or former
Employee (including any deceased Employee) who at any time during the 5-year period ending on the Determination Date, was an officer of the Employer having an annual Total Compensation that exceeds 50% of the dollar limitation under Code
§415(b)(1)(A), an owner (or considered an owner under Code §318) of one of the ten largest interests in the Employer if such individual’s Total Compensation exceeded 100% of the dollar limitation under Code §415(c)(1)(A), a more
than Five-Percent Owner, or a more than 1-percent owner of the Employer who had annual Total Compensation of more than $150,000. 

The Key Employee determination will be made in accordance with Code §416(i)(1) and the regulations and other guidance of general
applicability issued thereunder. 
  

	 	(b)	Non-Key Employee. An Employee or former Employee who does not satisfy the definition of Key Employee under subsection (a) above.

  

	 	(c)	Determination Date. For any Plan Year subsequent to the first Plan Year, the Determination Date is 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 first Plan Year. 

  

	 	(d)	Permissive Aggregation Group. The Required Aggregation Group of plans plus any other plan or plans of the Employer which, when considered as a group with
the Required Aggregation Group, would continue to satisfy the requirements of Code §§401(a)(4) and 410. 

  

	 	(e)	Required Aggregation Group. 

  

	 	(1)	Each qualified plan of the Employer in which at least one Key Employee participates or participated at any time during the Plan Year containing the Determination
Date or any of the four preceding Plan Years (regardless of whether the plan has terminated), and 

  

	 	(2)	any other qualified plan of the Employer that enables a plan described in subsection (1) to meet the coverage or nondiscrimination requirements of Code
§§401(a)(4) or 410(b). 

  

	 	(f)	Present Value. The present value based on the interest and mortality rates specified in the relevant Defined Benefit Plan. In the event that more than one
Defined Benefit Plan is included in a Required Aggregation Group or Permissive Aggregation Group, a uniform set of actuarial assumptions must be applied to determine present value. The Employer may specify in AA §11-4(b) the actuarial
assumptions that will apply if the Defined Benefit Plans do not specify a uniform set of actuarial assumptions to be used to determine if the plans are Top Heavy. 

  

			
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Section 4 – Top Heavy Plan Requirements 
  

	 	(g)	Total Compensation. For purposes of determining the minimum Top Heavy contribution under Section 4.04, Total Compensation is determined using the
definition under Section 1.127. For this purpose, Total Compensation is subject to the Compensation Limit as defined in Section 1.24. 

  

	 	(h)	Valuation Date. The date as of which Account Balances or accrued benefits are valued for purposes of calculating the Top Heavy Ratio. See AA §11-1.

  

	4.04	Minimum Allocation. If a Plan is Top Heavy, each Participant who is not a Key Employee must receive a minimum allocation as described in this
Section 4.04. Except as otherwise provided in subsections (d) and (e) below, the minimum allocation under this Section 4.04 is the lesser of 3% of Total Compensation or the largest percentage of Employer Contributions and
forfeitures, as a percentage of Total Compensation, allocated on behalf of any Key Employee for that year. If any Non-Key Employee who is entitled to receive a Top Heavy minimum contribution pursuant to this Section 4.04 fails to receive an
appropriate allocation, the Employer will make an additional contribution on behalf of such Non-Key Employee to satisfy the requirements of this Section. The Employer may elect under AA §6-5(c) to make the Top Heavy contribution to all
Participants. If the Employer elects to provide the Top Heavy minimum contribution to all Participants, the Employer also will make an additional contribution on behalf of any Key Employee who is a Participant and who did not receive an allocation
equal to the Top Heavy minimum contribution. 

  

	 	(a)	Determination of Key Employee contribution percentage. In determining the largest contribution percentage of any Key Employee, the Key Employee’s
contribution percentage includes Salary Deferrals made by the Key Employee for the Plan Year (except as provided by regulation or statute). 

  

	 	(b)	Determining of Non-Key Employee minimum allocation. In determining whether a Non-Key Employee’s allocation of Employer Contributions and forfeitures
is at least equal to the minimum allocation percentage (as described in Section 4.04 above), the Employee’s Salary Deferrals for the Plan Year are disregarded. To the extent a Non-Key Participant receives an allocation of Matching
Contributions under the Plan (including Safe Harbor Matching Contributions or QMACs), such Matching Contributions can be taken into account in determining whether the minimum allocation has been satisfied. 

 

	 	(c)	Certain allocation conditions inapplicable. The Top Heavy Plan minimum allocation shall be made even though, under other Plan provisions, the Non-Key
Employee would not otherwise be entitled to receive an allocation, or would have received a lesser allocation for the Plan Year because of: 

  

	 	(1)	the Participant’s failure to complete 1,000 Hours of Service (or any equivalent provided in the Plan),  

 

	 	(2)	the Participant’s failure to make Salary Deferrals or After-Tax Contributions to the Plan, or  

 

	 	(3)	Total Compensation is less than a stated amount. 

 The minimum allocation also is determined without regard to any Social Security contribution or whether a Participant fails to make Salary Deferrals for a Plan Year in which the Plan includes a 401(k)
feature. 
  

	 	(d)	Participants not employed on the last day of the Plan Year. The minimum allocation requirement described in this Section 4.04 does not apply to a
Participant who is not employed by the Employer on the last day of the Plan Year. 

  

	 	(e)	Participation in more than one Top Heavy Plan. The minimum allocation requirement described in this Section 4.04 does not apply to a Participant who
is covered under another plan maintained by the Employer if, pursuant to AA §11-4, the other Plan will satisfy the minimum allocation requirement. 

  

	 	(1)	More than one Defined Contribution Plans. If the Employer maintains one or more Defined Contribution Plans in addition to this Plan, the Employer may
designate in AA §11-4(a) which plan(s) will provide the Top Heavy minimum allocation, if such plans are Top Heavy. If the Employer maintains more than one Defined Contribution Plan and does not designate the Plan to provide the Top Heavy
minimum allocation, the Employer will be deemed to have selected this Plan as the Plan under which the Top Heavy minimum contribution will be provided. If an Employee is entitled to a Top Heavy minimum contribution but has not satisfied the minimum
age and/or service requirements under the Plan designated to provide the Top Heavy minimum contribution, the Employee may receive a Top Heavy minimum contribution under the designated Plan. 

 

	 	(2)	 Defined Contribution Plan and a Defined Benefit Plan. If the Employer maintains a Defined Benefit Plan in addition to this Plan, the
Employer may elect to provide the Top Heavy minimum allocation (i) in the Defined Benefit Plan; (ii) in this Plan (or any other Defined Contribution Plan) but increasing the minimum allocation from 3% to 5%; or (iii) under any other
acceptable method of compliance. If a Non-Key Employee participates only under the Defined Benefit Plan, the Top Heavy minimum benefit will be provided under the Defined 

  

			
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Section 4 – Top Heavy Plan Requirements 
  

	 	
Benefit Plan. If a Non-Key Employee participates only under the Defined Contribution Plan, the Top Heavy minimum benefit will be provided under the Defined Contribution Plan (without regard to
this subsection (2)). If the Employer maintains a Defined Benefit Plan in addition to this Plan and does not designate how the minimum allocation will be provided, the Employer will be deemed to have selected this Plan as the Plan under which the
Top Heavy minimum allocation will be provided. 

  

	 	(f)	No forfeiture for certain events. The minimum Top Heavy allocation (to the extent required to be nonforfeitable under Code §416(b)) may not be
forfeited under the suspension of benefit rules of Code §411(a)(3)(B) or the withdrawal of mandatory contribution rules of Code §411(a)(3)(D). 

  

	4.05	Special Top Heavy Vesting Rules. 

  

	 	(a)	Minimum vesting schedules. For any Plan Year in which this Plan is Top Heavy, the Top Heavy vesting schedule elected in AA §8-3 will automatically
apply to the Plan. The Top Heavy vesting schedule will apply to all benefits within the meaning of Code §411(a)(7) except those attributable to After-Tax Contributions, including benefits accrued before the effective date of Code §416 and
benefits accrued before the Plan became Top Heavy. No decrease in a Participant’s nonforfeitable percentage may occur in the event the Plan’s status as Top Heavy changes for any Plan Year. However, this subsection does not apply to the
Account Balance of any Employee who does not have an Hour of Service after the Plan has initially become Top Heavy and such Employee’s Account Balance attributable to Employer Contributions and forfeitures will be determined without regard to
this section. 

  

	 	(b)	Shifting Top Heavy Plan status. If the vesting schedule under the Plan shifts in or out of the Top Heavy Plan vesting schedule for any Plan Year because
of a change in Top Heavy Plan status, such shift is an amendment to the vesting schedule subject to the provisions of Section 7.08. 

  

			
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Section 5 – Limits on Contributions 
  

 SECTION 5 
 LIMITS ON CONTRIBUTIONS 
  

	5.01	Limits on Employer Contributions. Any contributions the Employer makes under the Plan are subject to the limitations set forth in this Section 5.

  

	 	(a)	Limitation on Salary Deferrals. If the Employer adopts the Profit Sharing/401(k) Plan Adoption Agreement, any Salary Deferrals made under the Plan are
subject to the Elective Deferral Dollar Limit, as described in Section 5.02 below. 

  

	 	(b)	Limitation on total Employer Contributions. All Employer Contributions the Employer makes under the Plan are subject to the Code §415 Limitation, as
described in Section 5.03 below. For purposes of applying the Code §415 Limitation, Employer Contributions include any Employer Contributions, Salary Deferrals, Matching Contributions, QNECs, QMACs, or Safe Harbor Contributions made under
the Plan. See the definition of Annual Additions under Section 5.03(c)(1) below. 

  

	5.02	Elective Deferral Dollar Limit. No Participant may contribute as Elective Deferrals to this Plan (and any other plan, contract or arrangement maintained
by the Employer) during any calendar year, an amount that exceeds the Elective Deferral Dollar Limit in effect for the Participant’s taxable year beginning in such calendar year. Additional restrictions apply if a Participant participates in a
plan maintained by an unrelated employer. (See subsection (b)(7) below.) 

 The Elective Deferral Dollar Limit is
$10,500 for taxable years beginning in 2000 and 2001, $11,000 for taxable years beginning in 2002, $12,000 for taxable years beginning in 2003, $13,000 for taxable years beginning in 2004, $14,000 for taxable years beginning in 2005, and $15,000 for
taxable years beginning in 2006. For taxable years beginning after 2006, the Elective Deferral Dollar Limit will be adjusted for cost-of-living increases under Code §402(g)(4). Any such adjustments will be in multiples of $500. 

If a Participant is aged 50 or over by the end of the taxable year, the Elective Deferral Dollar Limit is increased by the Catch-Up
Contribution Limit (as defined in Section 3.03(d)(1)). If the Plan does not provide for Catch-up Contributions, the Elective Deferral Dollar Limit is not increased by the Catch-Up Contribution Limit. 

 

	 	(a)	Excess Deferrals. Excess Deferrals are Elective Deferrals made during the Participant’s taxable year that exceed the Elective Deferral Dollar Limit
(as described above) for such year; counting only Elective Deferrals made under this Plan and any other plan, contract or arrangement maintained by the Employer. (See subsection (b)(7) below for provisions that apply when a Participant makes
Elective Deferrals to a plan of an unrelated Employer.) 

  

	 	(b)	Correction of Excess Deferrals. If a Participant makes Excess Deferrals (i.e., Elective Deferrals in excess of the Elective Deferral Dollar Limit) under
this Plan and any other plan maintained by the Employer, such Excess Deferrals (plus allocable income or loss) shall be distributed to the Participant no later than April 15 of the following calendar year. 

 

	 	(1)	Amount of corrective distribution. The amount to be distributed from this Plan as a correction of Excess Deferrals equals the amount of Elective Deferrals
the Participant contributes during the taxable year to this Plan and any other plan maintained by the Employer in excess of the Elective Deferral Dollar Limit, reduced by any corrective distribution of Excess Deferrals the Participant receives
during the calendar year from this Plan or other plan(s) maintained by the Employer. If a Participant has both a Pre Tax-Deferral Account and a Roth Deferral Account, the Participant may designate the extent to which the corrective distribution of
Excess Deferrals is taken from the Pre-Tax Deferral Account or from the Roth Deferral Account, unless designated otherwise under AA §6A-5(d). If a Participant does not designate the Account(s) from which the distribution will be made, the
corrective distribution will be made first from the Participant’s Pre-Tax Deferral Account. 

  

	 	(2)	Allocable gain or loss. A corrective distribution of Excess Deferrals must include any allocable gain or loss for the taxable year in which the Excess
Deferrals are contributed to the Plan. The gain or loss allocable to Excess Deferrals may be determined in any reasonable manner, provided the manner used to determine allocable gain or loss is applied consistently for all Participants and in a
manner that is reasonably reflective of the method used by the Plan for allocating income to Participants’ Accounts. Income or loss allocable to the period between the end of the taxable year and the date of distribution may be disregarded in
determining income or loss. For example, the gain or loss attributable to Excess Deferrals for the taxable year may be determined by multiplying the gain or loss for the taxable year allocable to Elective Deferrals by a fraction, the numerator of
which is the Excess Deferrals for the Employee for the taxable year, and the denominator of which is the Employee’s Account Balance attributable to Elective Deferrals as of the beginning of the taxable year, plus the Employee’s Elective
Deferrals for the taxable year. 

  

			
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Section 5 – Limits on Contributions 
  

	 	(3)	Taxation of corrective distribution. If a corrective distribution of Excess Deferrals is made by April 15 of the following calendar year, amounts
attributable to the Excess Deferrals will be includible in the Participant’s gross income in the taxable year in which such amounts are deferred under the Plan and amounts attributable to income or loss on the Excess Deferrals will be
includible in gross income in the year of distribution. However, a corrective distribution of Excess Deferrals will not be included in gross income to the extent such distribution is comprised of Roth Deferrals. A Roth Deferral is treated as an
Excess Deferral only to the extent that the total amount of Roth Deferrals for an individual exceeds the applicable limit for the taxable year or the Roth Deferrals are identified as Excess Deferrals and the individual receives a distribution of the
Excess Deferrals and allocable income under this paragraph. 

 If a corrective distribution of Excess Deferrals is
made after April 15, the amount of the corrective distribution attributable to Excess Deferrals will be includible in the Participant’s gross income in both the taxable year in which such amounts are deferred under the Plan and the taxable
year in which such amounts are distributed. (See Section 8.11(b)(2) for a discussion of the ordering rules for determining the Accounts from which the corrective distribution is made where a Participant has both a Pre-Tax Deferral Account and a
Roth Deferral Account.) 
 If a corrective distribution of Excess Deferrals made after April 15 of the following calendar
year apply to Excess Deferrals that are Roth Deferrals, such amounts are includible in gross income (without adjustment for any return of investment in the contract under Code §72(e)(8)). In addition, such distribution cannot be a
“qualified distribution” as described in Code §402A(d)(2) and is not an Eligible Rollover Distributions (within the meaning of Code §402(c)(4)). For this purpose, if a Roth Deferral account includes any Excess Deferrals, any
distributions from the Roth Deferral account are treated as attributable to those Excess Deferrals until the total amount distributed from the Roth Deferral account equals the total of such Excess Deferrals and attributable income. 

 

	 	(4)	Coordination with other provisions. A corrective distribution of Excess Deferrals made by April 15 of the following calendar year may be made without
consent of the Participant or the Participant’s spouse, and without regard to any distribution restrictions applicable under Section 8. A corrective distribution of Excess Deferrals made by the appropriate April 15 also is not treated
as a distribution for purposes of applying the required minimum distribution rules under Section 8.12. 

  

	 	(5)	Coordination with ADP failure. If a Participant receives a corrective distribution of Excess Contributions to correct an ADP Test failure for a Plan Year
beginning with or within a calendar year for which the Participant makes Excess Deferrals, any corrective distribution from the Plan is treated first as a corrective distribution of Excess Deferrals to the extent necessary to eliminate the Excess
Deferral violation. The amount which must be distributed to correct the ADP Test failure is reduced by the amount treated as a corrective distribution of Excess Deferrals. 

 

	 	(6)	Suspension of Salary Deferrals. If a Participant’s Salary Deferrals under this Plan, in combination with any Elective Deferrals the Participant makes
during the calendar year under any other plan maintained by the Employer, equal or exceed the Elective Deferral Dollar Limit, the Employer may suspend the Participant’s Salary Deferrals under this Plan for the remainder of the calendar year
without the Participant’s consent. 

  

	 	(7)	Correction of Excess Deferrals under plans not maintained by the Employer. The correction provisions under this subsection (b) apply only if a
Participant makes Excess Deferrals under this Plan (or under this Plan and other plans maintained by the Employer). However, if a Participant has Excess Deferrals for a calendar year on account of making Elective Deferrals to a plan of an unrelated
employer, the Participant may assign to this Plan any portion of his/her Elective Deferrals made under all plans during the calendar year to the extent such Elective Deferrals exceed the Elective Deferral Dollar Limit. The Participant must notify
the Plan Administrator in writing on or before March 1 of the following calendar year of the amount of the Excess Deferrals to be assigned to this Plan. If any Roth Deferrals were made to a plan, the notification must also identify the extent
to which, if any, the Excess Deferrals are comprised of Roth Deferrals. 

 Upon receipt of a timely notification,
the Excess Deferrals assigned to this Plan will be distributed (along with any allocable income or loss) to the Participant in accordance with the corrective distribution provisions under this subsection (b). A Participant is deemed to notify the
Plan Administrator of Excess Deferrals (including any portion of Excess Deferrals that are comprised of Roth Deferrals) to the extent such Excess Deferrals arise only under this Plan and any other plan maintained by the Employer. 

  

			
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	5.03	Code §415 Limitation. 

  

	 	(a)	No other plan participation. If the Participant does not participate in, and has never participated in another qualified retirement plan, a welfare
benefit fund (as defined under Code §419(e)), an individual medical account (as defined under Code §415(l)(2)), or a SEP (as defined under Code §408(k)) maintained by the Employer, then the amount of Annual Additions which may be
credited to the Participant’s Account for any Limitation Year will not exceed the lesser of the Maximum Permissible Amount or any other limitation contained in this Plan. 

If an Employer Contribution that would otherwise be contributed or allocated to a Participant’s Account will cause that
Participant’s Annual Additions for the Limitation Year to exceed the Maximum Permissible Amount, the amount to be contributed or allocated to such Participant will be reduced so that the Annual Additions allocated to such Participant’s
Account for the Limitation Year will equal the Maximum Permissible Amount. However, if a contribution or allocation to a Participant’s Account will exceed the Maximum Permissible Amount due to a correctable event described in subsection
(2) below, the Excess Amount may be distributed or allocated to such Participant and corrected in accordance with the correction procedures outlined in subsection (2) below. 

 

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

 As soon as administratively feasible after the end of the Limitation Year, the Employer will determine the
Maximum Permissible Amount for the Limitation Year on the basis of the Participant’s actual Total Compensation for the Limitation Year. 
  

	 	(2)	Disposition of Excess Amount. If, as a result of the use of estimated Total Compensation, the allocation of forfeitures, a reasonable error in determining
the amount of Salary Deferrals that may be made under the Plan, or other reasonable error in applying the Code §415 Limitation, an Excess Amount arises, the excess will be disposed of as follows: 

 

	 	(i)	Any After-Tax Contributions (plus attributable earnings), to the extent such contributions would reduce the Excess Amount, will be returned to the Participant.
The Employer may elect not to apply this subsection (i) if the ACP Test (as defined in Section 6.02) has already been performed and the distribution of After-Tax Contributions to correct the Excess Amount will cause the ACP Test to fail or
will change the amount of corrective distributions required under Section 6.02(b)(2). 

 If Matching
Contributions were allocated with respect to After-Tax Contributions for the Limitation Year, the After-Tax Contributions and Matching Contributions will be corrected together. After-Tax Contributions will be distributed under this subsection
(i) only to the extent the After-Tax Contributions, plus the Matching Contributions allocated with respect to such After-Tax Contributions, reduce the Excess Amount. Thus, after correction under this subsection (i), each Participant should have
the same level of Matching Contribution with respect to the remaining After-Tax Contributions as provided under AA §6B. Any Matching Contributions identified under this subsection (i) will be treated as an Excess Amount correctable under
subsections (iii) and (iv) below. If Matching Contributions are allocated to both After-Tax Contributions and to Salary Deferrals, this subsection (i) is applied by treating Matching Contributions as allocated first to Salary
Deferrals. 
  

	 	(ii)	If, after the application of subsection (i), an Excess Amount still exists, any Salary Deferrals (plus attributable earnings), to the extent such deferrals would
reduce the Excess Amount, will be distributed to the Participant. The Employer may elect not to apply this subsection (ii) if the ADP Test (as defined in Section 6.01) has already been performed and the distribution of Salary Deferrals to
correct the Excess Amount will cause the ADP Test to fail or will change the amount of corrective distributions required under Section 6.01(b)(2). 

 If Matching Contributions are allocated with respect to Salary Deferrals for the Limitation Year, the Salary Deferrals and Matching Contributions will be corrected together. Salary Deferrals will be
distributed under this subsection (ii) only to the extent the Salary Deferrals, plus Matching Contributions allocated with respect to such Salary Deferrals, reduce the Excess Amount. Thus, after correction under this subsection (ii), each
Participant should have the same level of Matching Contribution with respect to the remaining Salary Deferrals as provided under AA §6B. Any Matching Contributions identified under this subsection (ii) will be treated as an Excess Amount
correctable under subsection (iii) or (iv) below. 

  

			
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	 	(iii)	If, after the application of subsection (ii), an Excess Amount still exists, the Excess Amount will be allocated to a suspense account and used in the next
Limitation Year (and succeeding Limitation Years, if necessary) to reduce Employer Contributions for all Participants under the Plan. The Excess Amounts are treated as Annual Additions for the Limitation Year in which such amounts are allocated from
the suspense account. 

  

	 	(iv)	If a suspense account is in existence at any time during a Limitation Year pursuant to subsection (iii), such suspense account will not participate in the
allocation of investment gains and losses, unless otherwise provided in uniform valuation procedures established by the Plan Administrator. If a suspense account is in existence at any time during a particular Limitation Year, all amounts in the
suspense account must be allocated to Participants’ Accounts before the Employer makes any Employer Contributions, or any After-Tax Contributions are made, for that Limitation Year. 

 

	 	(b)	Participation in another plan. This subsection (b) applies if, in addition to this Plan, the Participant receives an Annual Addition during any
Limitation Year from another Defined Contribution Plan, a welfare benefit fund (as defined under Code §419(e)), an individual medical account (as defined under Code §415(l)(2)), or a SEP (as defined under Code §408(k)) maintained by
the Employer. 

  

	 	(1)	This Plan’s Code §415 Limitation. The Annual Additions that may be credited to a Participant’s Account under this Plan for any Limitation
Year will not exceed the Maximum Permissible Amount (defined in subsection (c)(6) below) reduced by the Annual Additions credited to a Participant’s Account under any other Defined Contribution Plan, welfare benefit fund, individual medical
account, or SEP maintained by the Employer for the same Limitation Year. 

  

	 	(2)	Annual Additions reduction. If the Annual Additions with respect to the Participant under any other Defined Contribution Plan, welfare benefit fund,
individual medical account, or SEP maintained by the Employer are less than the Maximum Permissible Amount and the Annual Additions that would otherwise be contributed or allocated to the Participant’s Account under this Plan would exceed the
Code §415 Limitation for the Limitation Year, the amount contributed or allocated will be reduced so that the Annual Additions under all such Plans and funds for the Limitation Year will equal the Maximum Permissible Amount. However, if a
contribution or allocation to a Participant’s Account will exceed the Maximum Permissible Amount due to a correctable event described in subsection (a)(2), the Excess Amount may be distributed or allocated to such Participant and corrected in
accordance with the correction procedures outlined in subsection (a)(2). 

  

	 	(3)	No Annual Additions permitted. If the Annual Additions with respect to the Participant under such other Defined Contribution Plan(s), welfare benefit
fund(s), individual medical account(s), or SEP(s) in the aggregate are equal to or greater than the Maximum Permissible Amount, no amount will be contributed or allocated to the Participant’s Account under this Plan for the Limitation Year.
However, if a contribution or allocation to a Participant’s Account will exceed the Maximum Permissible Amount due to a correctable event described in subsection (a)(2), the Excess Amount may be distributed or allocated to such Participant and
corrected in accordance with the correction procedures outlined in subsection (a)(2). 

  

	 	(4)	Using estimated Total Compensation. Prior to determining the Participant’s actual Total Compensation for the Limitation Year, the Employer may
determine the Maximum Permissible Amount for a Participant in the manner described in subsection (a)(1) above. As soon as administratively feasible after the end of the Limitation Year, the Maximum Permissible Amount for the Limitation Year will be
determined on the basis of the Participant’s actual Total Compensation for the Limitation Year. 

  

	 	(5)	Excess Amounts. If, as a result of the use of estimated Total Compensation, an allocation of forfeitures, a reasonable error in determining the amount of
Salary Deferrals that may be made under this Section 5.03, or other reasonable error in applying the Code §415 Limitation, a Participant’s Annual Additions would result in an Excess Amount for a Limitation Year, the Excess Amount will
be deemed to consist of the Annual Additions last allocated, except that Annual Additions attributable to a SEP will be deemed to have been allocated first, followed by Annual Additions to a welfare benefit fund or individual medical account,
regardless of the actual allocation date. 

  

	 	(i)	Same allocation date. If an Excess Amount is allocated to a Participant on an allocation date of this Plan which coincides with an allocation date of
another plan maintained by the Employer, the Excess Amount attributed to this Plan will be the product of: 

  

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

  

			
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	 	(B)	the ratio of (I) the Annual Additions allocated to the Participant for the Limitation Year as of such date under this Plan to (II) the total Annual
Additions allocated to the Participant for the Limitation Year as of such date under this and all other Defined Contribution Plans. 

  

	 	(ii)	Alternative methods. The Employer may elect under AA §11-4(c) to modify the default rules under this subsection (5). For example, the Employer may
elect to attribute any Excess Amount which is allocated on the same date to this Plan and to another plan maintained by the Employer by designating the specific plan to which the Excess Amount is allocated. 

 

	 	(6)	Disposition of Excess Amounts. Any Excess Amount attributed to this Plan will be disposed in the manner described in subsection (a)(2).

  

	 	(c)	Definitions. 

  

	 	(1)	Annual Additions. The sum of the following amounts credited to a Participant’s Account for the Limitation Year: 

 

	 	(i)	Employer Contributions, including Matching Contributions, Salary Deferrals, QNECs, QMACs and Safe Harbor Contributions; 

 

	 	(ii)	After-Tax Contributions; 

  

	 	(iii)	forfeitures; 

  

	 	(iv)	amounts allocated to an individual medical account (as defined in Code §415(l)(2)), which is part of a pension or annuity plan maintained by the Employer,
are treated as Annual Additions to a Defined Contribution Plan. Also, amounts derived from contributions paid or accrued which are attributable to post-retirement medical benefits allocated to the separate account of a key employee (as defined in
Code §419A(d)(3)) under a welfare benefit fund (as defined in Code §419(e)) maintained by the Employer are treated as Annual Additions to a Defined Contribution Plan; and 

 

	 	(v)	allocations under a SEP (as defined in Code §408(k)). 

 For this purpose, any Excess Amount applied under subsections (a)(2) or (b)(5) in the Limitation Year to reduce Employer Contributions will be considered Annual Additions for such Limitation Year.

 An Annual Addition is credited to a Participant’s Account for a particular Limitation Year if such amount is allocated
to the Participant’s Account as of any date within that Limitation Year. An Annual Addition will not be deemed credited to a Participant’s Account for a particular Limitation Year unless such amount is actually contributed to the Plan no
later than 30 days after the time prescribed by law for filing the Employer’s income tax return (including extensions) for the taxable year with or within which the Limitation Year ends. In the case of After-Tax Contributions, such amount shall
not be deemed credited to a Participant’s Account for a particular Limitation Year unless the contributions are actually contributed to the Plan no later than 30 days after the close of that Limitation Year. 

 

	 	(2)	Defined Contribution Dollar Limitation. $40,000, as adjusted under Code §415(d). 

 

	 	(3)	Employer. For purposes of this Section 5.03, Employer shall mean the Employer that adopts this Plan, and all members of a controlled group of
corporations (as defined in §414(b) of the Code as modified by §415(h)), all commonly controlled trades or businesses (as defined in §414(c) of the Code as modified by §415(h)) or affiliated service groups (as defined in
§414(m)) of which the adopting Employer is a part, and any other entity required to be aggregated with the Employer pursuant to regulations under §414(o) of the Code. 

 

	 	(4)	Excess Amount. The excess of the Participant’s Annual Additions for the Limitation Year over the Maximum Permissible Amount.

  

	 	(5)	Limitation Year. The Plan Year, unless the Employer elects another 12-consecutive month period under AA §11-3(a). All qualified retirement plans
under Code §401(a) maintained by the Employer must use the same Limitation Year. If the Limitation Year is amended to a different 12-consecutive month period, the new Limitation Year must begin on a date within the Limitation Year in which the
amendment is made. If the Plan has an initial Plan Year that is less than 12 months, the Limitation Year for such first Plan Year is the 12-month period ending on the last day of that Plan Year, unless otherwise specified in AA §11-3(a).

  

			
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	 	(6)	Maximum Permissible Amount. For Limitation Years beginning on or after January 1, 2002, the maximum Annual Additions that may be contributed
or allocated to a Participant’s Account under the Plan for any Limitation Year shall not exceed the lesser of: 

  

	 	(i)	the Defined Contribution Dollar Limitation, or 

  

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

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

Number of months in the short Limitation Year 
 12 
 If a short Limitation Year is created because the Plan has an initial
Plan Year that is less than 12 months, no proration of the Defined Contribution Dollar Limitation is required, unless provided otherwise under AA §11-3(a). (See subsection (5) above for the rule allowing the use of a full 12-month
Limitation Year for the first year of the Plan, thereby avoiding the need to prorate the Defined Contribution Dollar Limitation.) 
  

	 	(7)	Total Compensation. The amount of compensation as defined under Section 1.127, subject to the Employer’s election under AA §5-2.

  

	 	(i)	Self-Employed Individuals. For a Self-Employed Individual, Total Compensation is such individual’s Earned Income. 

 

	 	(ii)	Total Compensation actually paid or made available. For purposes of applying the limitations of this Section 5.03, Total Compensation for a
Limitation Year is the Total Compensation actually paid or made available to an Employee during such Limitation Year. However, the Employer may include in Total Compensation for a Limitation Year amounts earned but not paid in the Limitation Year
because of the timing of pay periods and pay days, but only if these amounts are paid during the first few weeks of the next Limitation Year, such amounts are included on a uniform and consistent basis with respect to all similarly-situated
Employees, and no amounts are included in Total Compensation in more than one Limitation Year. The Employer need not make any formal election to include accrued Total Compensation described in the preceding sentence. 

 

	 	(iii)	Disabled Participants. Total Compensation does not include any imputed compensation for the period a Participant is Disabled. However, the Employer may
elect under AA §11-3(b) to include under the definition of Total Compensation, the amount a terminated Participant who is permanently and totally Disabled (as defined in Section 1.36) would have received for the Limitation Year if the
Participant had been paid at the rate of Total Compensation paid immediately before becoming permanently and totally Disabled. If the Employer elects under AA §11-3(b) to include imputed compensation for a Disabled Participant, a Disabled
Participant will receive an allocation of any Employer Contribution the Employer makes to the Plan based on the Employee’s imputed compensation for the Plan Year. Any Employer Contributions made to a Disabled Participant under this subsection
(iii) are fully vested when made and will be made only to Non-Highly Compensated Employees. Any modifications made to the definition of Disabled (under AA §9-4(b)) will not apply to this section. 

  

			
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 SECTION 6 
 SPECIAL RULES AFFECTING 401(k) PLANS 
  

	6.01	Nondiscrimination Testing of Salary Deferrals – ADP Test. Except as provided under Section 6.04 for Safe Harbor 401(k) Plans, if the Plan
permits Participants to make Salary Deferrals, the Plan must satisfy the Actual Deferral Percentage Test (“ADP Test”) each Plan Year. The Plan Administrator shall maintain records sufficient to demonstrate satisfaction of the ADP Test,
including the amount of any QNECs or QMACs included in such test, pursuant to subsection (a)(4) below. If the Plan fails the ADP Test for any Plan Year, the corrective provisions under subsection (b) below will apply. 

 

	 	(a)	ADP Test. The ADP Test compares the Average Deferral Percentage (ADP) of the Highly Compensated Group with the ADP of the Nonhighly Compensated Group. The
Highly Compensated Group is the group of Participants who are Highly Compensated for the current Plan Year. The Nonhighly Compensated Group is the group of Participants who are Nonhighly Compensated for the applicable Plan Year. If the Prior Year
Testing Method is selected under AA §6A-6, the Nonhighly Compensated Group is the group of Participants in the prior Plan Year who were Nonhighly Compensated for that year. If the Current Year Testing Method is selected under AA §6A-6, the
Nonhighly Compensated Group is the group of Participants who are Nonhighly Compensated for the current Plan Year. 

  

	 	(1)	Average Deferral Percentage – ADP. The ADP for a specified group is the average of the deferral percentages calculated separately for each
Participant in such group. A Participant’s deferral percentage is the ratio of the Participant’s deferral contributions expressed as a percentage of the Participant’s Testing Compensation for the Plan Year. (See Section 1.123 for
the definition of Testing Compensation.) For this purpose, a Participant’s deferral contributions include any Salary Deferrals (other than Catch-Up Contributions) made pursuant to the Participant’s deferral election (including Excess
Deferrals of Highly Compensated Employees that arise solely from Elective Deferrals made under this Plan or other plans maintained by the Employer) and other contributions provided under subsection (4) below, if applicable, but excluding:

  

	 	(i)	Excess Deferrals of Nonhighly Compensated Employees that arise solely from Elective Deferrals made under this Plan or other plans maintained by the Employer; and

  

	 	(ii)	Salary Deferrals that are taken into account in the ACP Test (pursuant to Section 6.02(a)(4)). 

For purposes of computing Actual Deferral Percentages, a Participant who does not make Salary Deferrals for the Plan Year shall be
included in the ADP Test as a Participant on whose behalf no Salary Deferrals are made. 
  

	 	(2)	ADP Test testing methods. In applying the ADP Test for any Plan Year, the Plan may use the Prior Year Testing Method or the Current Year Testing Method,
as selected under AA §6A-6. If no testing method is selected under AA §6A-6, the Plan will use the Current Year Testing Method. Unless specifically precluded under statute, regulations or other IRS guidance, the Employer may amend the
testing method designated under AA §6A-6 for a particular Plan Year (subject to the requirements under subsection (ii) below) at any time through the end of the 12-month period following the Plan Year for which the amendment is effective.

  

	 	(i)	Prior Year Testing Method. Under the Prior Year Testing Method, the Average Deferral Percentage (“ADP”) of the Highly Compensated Group (as
defined in subsection (a) above) for the current Plan Year and the ADP of the Nonhighly Compensated Group (as defined in subsection (a) above) for the prior Plan Year must satisfy one of the following tests for each Plan Year:

  

	 	(A)	The ADP of the Highly Compensated Group for the current Plan Year shall not exceed 1.25 times the ADP of the Nonhighly Compensated Group for the prior Plan Year.

  

	 	(B)	The ADP of the Highly Compensated Group for the current Plan Year shall not exceed the percentage (whichever is less) determined by (A) adding 2 percentage
points to the ADP of the Nonhighly Compensated Group for the prior Plan Year or (B) multiplying the ADP of the Nonhighly Compensated Group for the prior Plan Year by 2. 

 

	 	(ii)	 Current Year Testing Method. Under the Current Year Testing Method, the Average Deferral Percentage (“ADP”) of the Highly
Compensated Group (as defined in subsection (a) above) for the current Plan Year and the ADP of the Nonhighly Compensated Group (as defined in subsection (a) above) for the current Plan Year must satisfy the ADP Test, as described in
subsection (i) above, for each Plan Year. If the Current Year Testing Method is used for a Plan Year, the Plan may switch to the Prior Year Testing Method for a Plan Year only if the Plan has used Current Year Testing for each of the preceding
five Plan Years (or if lesser, the number of Plan Years the Plan has been in existence) or if, as a result of a merger or acquisition described in Code §410(b)(6)(C)(i), the Employer maintains both a

  

			
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plan using Prior Year Testing and a plan using Current Year Testing and the change is made within the transition period described in Code §410(b)(6)(C)(ii). 

 

	 	(3)	Special rule for first Plan Year. For the first Plan Year that the Plan permits Salary Deferrals, the testing method selected under AA §6A-6(a)
applies, unless designated otherwise under AA §6A-6(b).If the Prior Year Testing Method applies for the first year of the Plan, the ADP Test applies by assuming the ADP for the Nonhighly Compensated Group is 3%. If the Current Year Testing
Method applies for the first year of the Plan, the ADP Test applies using the actual data for the Nonhighly Compensated Group in the first Plan Year. This first Plan Year rule does not apply if this Plan is a successor to a plan (as described in IRS
Notice 98-1 or subsequent guidance) that included a 401(k) arrangement or the Plan is aggregated for purposes of applying the ADP Test with another plan that included a 401(k) arrangement in the prior Plan Year. For subsequent Plan Years, the
testing method selected under AA §6A-6(a) will apply. 

  

	 	(4)	Use of QMACs and QNECs under the ADP Test. The Plan Administrator may take into account all or any portion of QMACs and QNECs (see Sections 3.02(a)(5) and
3.04(d)) for purposes of applying the ADP Test. QMACs and QNECs may not be included in the ADP Test to the extent such amounts are included in the ACP Test for such Plan Year. QMACs and QNECs made to another qualified plan maintained by the Employer
may also be taken into account, so long as the other plan has the same Plan Year as this Plan. To include QNECs under the ADP Test, all Employer Nonelective Contributions, including the QNECs, must satisfy Code §401(a)(4). In addition, the
Employer Nonelective Contributions, excluding any QNECs used in the ADP Test or ACP Test, must also satisfy Code §401(a)(4). If the Employer is using the Prior Year Testing Method (as described in subsection (2)(i) above), the Employer may
not include QMACs or QNECs in the ADP Test. 

 Effective for Plan Years beginning on or after January 1,
2006, no QNEC may be taken into account under the ADP Test for any individual Nonhighly Compensated Employee to the extent such QNEC exceeds the greater of 5% of such Nonhighly Compensated Employee’s Plan Compensation or two times the lowest
“applicable contribution rate” for any eligible Nonhighly Compensated Employee within a group of Nonhighly Compensated Employees that consist of 50% of the total eligible Nonhighly Compensated Employees under the Plan (or, if greater, the
lowest “applicable contribution rate” allocated to any Nonhighly Compensated Employee who is in the group of Nonhighly Compensated Employees employed as of the last day of the Plan Year). For this purpose, the applicable contribution rate
is the sum of QNECs and QMACs (to the extent taken into account under the ADP Test) allocated to a Nonhighly Compensated Employee (determined as a percentage of Plan Compensation). If QNECs are being made in connection with the Employer’s
obligation to pay prevailing wages under the Davis-Bacon Act (46 Stat. 1494), Public Law 71-798, Service Contract Act of 1965 (79 Stat. 1965), Public Law 89-286, or similar legislation, QNECs can be taken into account for a Plan Year for a Nonhighly
Compensated Employee to the extent such contributions do not exceed 10% of Plan Compensation. 
  

	 	(i)	Timing of contributions. In order to be used in the ADP Test for a given Plan Year, QNECs and QMACs must be made before the end of the 12-month period
immediately following the Plan Year for which they are allocated. 

  

	 	(ii)	Testing flexibility. The Plan Administrator is expressly granted the full flexibility permitted by applicable Treasury regulations to determine the amount
of QMACs and QNECs used in the ADP Test. QMACs and QNECs taken into account under the ADP Test do not have to be uniformly determined for each Participant, and may represent all or any portion of the QMACs and QNECs allocated to each Participant,
provided the conditions described above are satisfied. 

  

	 	(5)	Double-counting limits. This subsection (5) applies if the Prior Year Testing Method is used to run the ADP Test and, in the prior Plan Year, the
Current Year Testing Method was used to run the ADP Test. If this paragraph applies, all QNECs or QMACs that were included in either the ADP Test or ACP Test for the prior Plan Year are disregarded in calculating the ADP of the Nonhighly Compensated
Group for the prior Plan Year. 

 For purposes of applying the double-counting limits, if actual data of the
Nonhighly Compensated Group is used for a first Plan Year described in subsection (3) above, the Plan is still considered to be using the Prior Year Testing Method for that first Plan Year. Thus, the double-counting limits do not apply if the
Prior Year Testing Method is used for the next Plan Year. 
  

	 	(b)	Correction of Excess Contributions. If the Plan fails the ADP Test for a Plan Year, the Plan Administrator may use any combination of the correction
methods under this Section to correct the Excess Contributions under the Plan. 

  

	 	(1)	 Excess Contributions. Excess Contributions are the amount of Salary Deferrals (and other contributions) taken into account in computing
the ADP of the Highly Compensated Group that exceed the maximum amount permitted under the ADP Test for the Plan Year. The amount of Excess Contributions for a Plan Year are the

  

			
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amounts determined by hypothetically reducing the ADP contributions of the Highly Compensated Employees, beginning with the Highly Compensated Employee(s) with the highest ADP for the Plan Year,
and reducing the ADP of such Highly Compensated Employees until the reduced percentage reaches the ADP of the Highly Compensated Employee(s) with the next higher ADP or until the adjusted ADP percentage satisfies the ADP Test. The reduction
continues for each level of Highly Compensated Employees until the Plan satisfies the ADP Test. The total dollar amount so determined is then divided among the Highly Compensated Group in the manner described in subsection (2) to determine the
actual corrective distributions to be made. 

  

	 	(2)	 Corrective distributions. If the Plan fails the ADP Test for a Plan Year, the Plan Administrator may, in its discretion, distribute
Excess Contributions (including any allocable income or loss) no later than 12 months following the end of the Plan Year to correct the ADP Test violation, except to the extent such Excess Contributions are recharacterized as Catch-Up Contributions.
If the Excess 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% excise tax will be imposed on the Employer with respect to such amounts. 

 

	 	(i)	Amount to be distributed. In determining the amount of Excess Contributions to be distributed to a Highly Compensated Employee under this Section, Excess
Contributions are first allocated equally to the Highly Compensated Employee(s) with the largest dollar amount of ADP contributions for the Plan Year in which the excess occurs until all of the Excess Contributions are allocated or the dollar amount
of ADP contributions for such Highly Compensated Employee(s) is reduced to the next highest dollar amount of such contributions for any other Highly Compensated Employee(s). Once all Excess Contributions have been allocated, to the extent a Highly
Compensated Employee has not reached his or her Catch-up Contribution limit under the Plan, the Excess Contributions allocated to such Highly Compensated Employee are recharacterized as Catch-up Contributions and will not be treated as Excess
Contributions. 

  

	 	(ii)	Allocable gain or loss. A corrective distribution of Excess Contributions must include any allocable gain or loss for the Plan Year in which the excess
occurs. For this purpose, allocable gain or loss on Excess Contributions may be determined in any reasonable manner, provided the manner used is applied uniformly and in a manner that is reasonably reflective of the method used by the Plan for
allocating income to Participants’ Accounts. 

  

	 	(A)	Method of allocating gain or loss. For Plan Years beginning after December 31, 2005, the income allocable to Excess Contributions is equal to
(I) the sum of the allocable gain or loss for the Plan Year plus (II) to the extent the Excess Contributions are credited with gain or loss for the gap period (i.e., the Plan contains a Valuation Date during the gap period), the allocable gain
or loss determined for the gap period. For this purpose, the gap period is the period after the close of the Plan Year and prior to the distribution of Excess Contributions. The Plan will not fail to use a reasonable method for computing the income
allocable to Excess Contributions merely because the income allocable to Excess Contributions is determined as of a Valuation Date that occurs no more than 7 days before the date of the distribution. (For Plan Years beginning before January 1,
2006, income or loss allocable to the period between the end of the Plan Year and the date of distribution can be disregarded in determining income or loss.) 

 

	 	(B)	Alternative method of allocating plan year gain or loss. The gain or loss attributable to Excess Contributions for the Plan Year may be determined by
multiplying the gain or loss for the Plan Year allocable to Salary Deferrals (and other contributions included in the ADP Test) by a fraction, the numerator of which is the Excess Contributions for the Participant for the Plan Year, and the
denominator of which is the Participant’s Account Balance attributable to Salary Deferrals (and other contributions included in the ADP Test) without regard to any income or loss occurring during such Plan Year. 

 

	 	(C)	Safe harbor method of allocating gap period income. The allocation of gain or loss for the gap period (as defined in subsection (A)) will be deemed to be
reasonable if the gain or loss on Excess Contributions for the gap period is equal to 10% of the gain or loss allocable to Excess Contributions for the Plan Year (as determined under subsection (B) above) multiplied by the number of calendar
months that have elapsed since the end of the plan year. For purposes of calculating the number of calendar months that have elapsed under this safe harbor method, a corrective distribution that is made on or before the fifteenth day of a month is
treated as made on the last day of the preceding month and a distribution made after the fifteenth day of a month is treated as made on the last day of the month. 

 

	 	(D)	 Alternative method for allocating plan year and gap period income. The Plan may determine the allocable gain or loss for the aggregate of
the Plan Year and the gap period by applying the 

  

			
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alternative method provided under subsection (B) above to this aggregate period. This is accomplished by substituting the gain or loss for the Plan Year and the gap period for the gain or
loss for the Plan Year and by substituting the contributions taken into account under this Section for the Plan Year and the gap period for the contributions taken into account under this Section for the Plan Year in determining the fraction that is
multiplied by that gain or loss. 

  

	 	(iii)	Coordination with other provisions. A corrective distribution of Excess Contributions made by the end of the Plan Year following the Plan Year in which
the excess occurs may be made without consent of the Participant or the Participant’s spouse, and without regard to any distribution restrictions applicable under Section 8.10. Excess Contributions are treated as Annual Additions for
purposes of Code §415 even if distributed from the Plan. A corrective distribution of Excess Contributions is not treated as a distribution for purposes of applying the required minimum distribution rules under Section 8.12.

 If a Participant has Excess Deferrals for the calendar year ending with or within the Plan Year for which the
Participant receives a corrective distribution of Excess Contributions, the corrective distribution of Excess Contributions is treated first as a corrective distribution of Excess Deferrals. The amount of the corrective distribution of Excess
Contributions that must be distributed to correct an ADP Test failure for a Plan Year is reduced by any amount distributed as a corrective distribution of Excess Deferrals for the calendar year ending with or within such Plan Year. 

 

	 	(iv)	Accounting for Excess Contributions. Excess Contributions are distributed from the following sources and in the following priority:

  

	 	(A)	Salary Deferrals that are not matched; 

  

	 	(B)	proportionately from Salary Deferrals not distributed under subsection (A) and related QMACs that are included in the ADP Test; 

 

	 	(C)	QMACs included in the ADP Test that are not distributed under subsection (B); and 

 

	 	(D)	QNECs included in the ADP Test. 

 If a Participant has both a Pre Tax-Deferral Account and a Roth Deferral Account, the Participant may designate the extent to which the corrective distribution of Salary Deferrals is taken from the
Pre-Tax Deferral Account or from the Roth Deferral Account, unless designated otherwise under AA §6A-5(e). If a Participant does not designate the Account(s) from which the distribution will be made, the corrective distribution will be made
first from the Participant’s Pre-Tax Deferral Account. 
  

	 	(3)	Making QNECs or QMACs. Regardless of any elections under AA §6-4 or AA §6B-4 of the Profit Sharing/401(k) Plan Adoption Agreement, the Employer
may make additional QNECs or QMACs to the Plan on behalf of the Nonhighly Compensated Employees and use such amounts to correct an ADP Test violation. Any QNECs contributed under this subsection (3) which are not specifically authorized under
AA §6-4 will be allocated to all Participants who are Nonhighly Compensated Employees in the ratio that each such Participant’s Plan Compensation bears to the Plan Compensation of all Participants for the Plan Year. Any QMACs contributed
under this subsection (3) which are not specifically authorized under AA §6B-4 will be allocated to all Participants who are Nonhighly Compensated as a uniform percentage of Salary Deferrals made during the Plan Year. See Sections
3.02(a)(5) and 3.04(d), as applicable. 

  

	 	(4)	Recharacterization. If After-Tax Contributions are permitted under AA §6D, the Plan Administrator, in its sole discretion, may permit a Participant
to treat any Excess Contributions that are allocated to that Participant as if he/she received the Excess Contributions as a distribution from the Plan and then contributed such amounts to the Plan as After-Tax Contributions. Any amounts
recharacterized under this subsection (4)will be 100% vested at all times. Amounts may not be recharacterized by a Highly Compensated Employee to the extent that such amount in combination with other After-Tax Contributions made by that Participant
would exceed any limit on After-Tax Contributions under AA §6D-2. 

 Recharacterization
must occur no later than 2 1/2 months after the last
day of the Plan Year in which such Excess Contributions arise and is deemed to occur no earlier than the date the last Highly Compensated Employee is informed in writing of the amount recharacterized and the consequences thereof. Recharacterized
amounts will be taxable to the Participant for the Participant’s taxable year in which the Participant would have received such amounts in cash had he/she not deferred such amounts into the Plan. 

  

			
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	 	(c)	Adjustment of deferral rate for Highly Compensated Employees. The Employer may suspend (or automatically reduce the rate of) Salary Deferrals for the
Highly Compensated Group, to the extent necessary to satisfy the ADP Test or to reduce the margin of failure. A suspension or reduction shall not affect Salary Deferrals already contributed by the Highly Compensated Employees for the Plan Year. As
of the first day of the subsequent Plan Year, Salary Deferrals shall resume at the levels stated in the Salary Deferral Elections of the Highly Compensated Employees. 

 

	 	(d)	Special testing rules. 

  

	 	(1)	Special rule for determining ADP of Highly Compensated Group. When calculating the ADP of the Highly Compensated Group for any Plan Year, a Highly
Compensated Employee’s Salary Deferrals under all qualified plans maintained by the Employer are taken into account as if such contributions were made to a single plan. For this purpose, any QNECs or QMACs treated as Salary Deferrals for
purposes of the ADP also are treated as made under a single plan. In addition, if a Highly Compensated Employee participates in two or more 401(k) plans of the Employer that have different Plan Years, all Salary Deferrals made during the Plan Year
under all such plans shall be aggregated. For Plan Years beginning before 2006, all Salary Deferrals made in Plan Years that end with or within the same calendar year are treated as made under a single plan. This aggregation rule does not apply to
plans that are mandatorily disaggregated under regulations under Code §410(k). 

  

	 	(2)	Aggregation of plans. When calculating the ADP Test, if this Plan satisfies the requirements of Code §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, all such plans are treated as a single plan. If more than 10% of the Employer’s
Nonhighly Compensated Employees are involved in a plan coverage change as defined in Treas. Reg. §1.401(k)-2(c)(4), then any adjustments to the ADP of the Nonhighly Compensated Group for the prior year will be made in accordance with such
regulations, unless the Employer has elected under AA §6A-6 to use the Current Year Testing Method. Plans may be aggregated in order to satisfy Code §401(k) only if they have the same Plan Year and use the same ADP testing method.

  

	 	(3)	Multiple use test. The multiple use test described under Treas. Reg. §1.401(m)(2) does not apply for any Plan Year beginning on or after
January 1, 2002. 

  

	6.02	Nondiscrimination Testing of Matching Contributions and After-Tax Contributions – ACP Test. Except as provided under Section 6.04 for Safe
Harbor 401(k) Plans, if the Plan provides for Matching Contributions and/or After-Tax Contributions, the Plan must satisfy the Actual Contribution Percentage Test (“ACP Test”) each Plan Year. The Plan Administrator shall maintain records
sufficient to demonstrate satisfaction of the ACP Test, including the amount of any Salary Deferrals or QNECs included in such test, pursuant to subsection (a)(4) below. If the Plan fails the ACP Test for any Plan Year, the corrective provisions
under subsection (b) below will apply. 

  

	 	(a)	ACP Test. The ACP Test compares the Average Contribution Percentage (ACP) of the Highly Compensated Group with the ACP of the Nonhighly Compensated Group.
The Highly Compensated Group is the group of Participants who are Highly Compensated for the current Plan Year. The Nonhighly Compensated Group is the group of Participants who are Nonhighly Compensated for the applicable Plan Year. If the Prior
Year Testing Method is selected under AA §6B-6, the Nonhighly Compensated Group is the group of Participants in the prior Plan Year who were Nonhighly Compensated for that year. If the Current Year Testing Method is selected under AA
§6B-6, the Nonhighly Compensated Group is the group of Participants who are Nonhighly Compensated for the current Plan Year. 

  

	 	(1)	Average Contribution Percentage – ACP. The ACP for a specified group is the average of the contribution percentages calculated separately for each
Participant in the group. A Participant’s contribution percentage is the ratio of the contributions made on behalf of the Participant that are included under the ACP Test, expressed as a percentage of the Participant’s Testing Compensation
for the Plan Year. (See Section 1.123 for the definition of Testing Compensation.) For this purpose, the contributions included under the ACP Test are the sum of the After-Tax Contributions, Matching Contributions, and QMACs (to the extent not
taken into account for purposes of the ADP Test) made under the Plan on behalf of the Participant for the Plan Year. The ACP may also include other contributions as provided in subsection (4) below, if applicable but excluding Matching
Contributions that are forfeited either to correct Excess Aggregate Contributions or because the contributions to which they relate are Excess Deferrals, Excess Contributions, or Excess Aggregate Contributions. 

For purposes of computing Actual Contribution Percentages, a Participant who is eligible for After-Tax Contributions, Matching
Contributions (including forfeitures), QMACs or Salary Deferrals (to the extent Salary Deferrals are included in the ACP Test pursuant to subsection (4) below) but does not make or receive any such contributions shall be included in the ACP
Test as a Participant on whose behalf no such contributions are made. For Plan Years beginning on or after January 1, 2006, no Matching Contributions may be taken into account under the ACP Test for any individual Nonhighly Compensated Employee
to the extent such Matching Contributions exceed the greater of: 

  

			
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	 	(i)	5% of such Nonhighly Compensated Employee’s Plan Compensation; 

  

	 	(ii)	100% of the Nonhighly Compensated Employee’s Salary Deferrals and/or After-Tax Contributions (to the extent such contributions are eligible for Matching
Contributions); or 

  

	 	(iii)	two times the lowest “matching contribution rate” for any eligible Nonhighly Compensated Employee within a group of Nonhighly Compensated Employees that
consists of 50% of the total Nonhighly Compensated Employees who actually make Salary Deferrals and/or After-Tax Contributions that are eligible for Matching Contributions for the Plan Year (or, if greater, the lowest “matching contribution
rate” for any Nonhighly Compensated Employee who is employed as of the last day of the Plan Year and who actually makes Salary Deferrals and/or After-Tax Contributions that are eligible for Matching Contributions for the Plan Year).

 For this purpose, the “matching contribution rate” is the total Matching Contributions allocated to
the Nonhighly Compensated Employee (determined as a percentage of Salary Deferrals and/or After-Tax Contributions, to the extent eligible for Matching Contributions). If the matching contribution rate is not the same for all levels of Salary
Deferrals and or After-Tax Contributions, the Nonhighly Compensated Employee’s matching contribution rate will be treated as equal to 6% Plan Compensation. 
  

	 	(2)	ACP Test testing methods. In applying the ACP Test for any Plan Year, the Plan may use the Prior Year Testing Method or the Current Year Testing Method,
as selected under AA §6B-6. If no testing method is selected under AA §6B-6, the Plan will use the Current Year Testing Method. Unless specifically precluded under statute, regulations or other IRS guidance, the Employer may amend the
testing method designated under AA §6B-6 for a particular Plan Year (subject to the requirements under subsection (ii) below) at any time through the end of the 12-month period following the Plan Year for which the amendment is effective.

  

	 	(i)	Prior Year Testing Method. Under the Prior Year Testing Method, the Average Contribution Percentage (“ACP”) of the Highly Compensated Group (as
defined in subsection (a) above) for the current Plan Year and the ACP of the Nonhighly Compensated Group (as defined in Section (a) above) for the prior Plan Year must satisfy one of the following tests for each Plan Year:

  

	 	(A)	The ACP of the Highly Compensated Group for the current Plan Year shall not exceed 1.25 times the ACP of the Nonhighly Compensated Group for the prior Plan Year.

  

	 	(B)	The ACP of the Highly Compensated Group for the current Plan Year shall not exceed the percentage (whichever is less) determined by (A) adding 2 percentage
points to the ACP of the Nonhighly Compensated Group for the prior Plan Year or (B) multiplying the ACP of the Nonhighly Compensated Group for the prior Plan Year by 2. 

 

	 	(ii)	Current Year Testing Method. Under the Current Year Testing Method, the Average Contribution Percentage (“ACP”) of the Highly Compensated Group
(as defined in subsection (a) above) for the current Plan Year and the ACP of the Nonhighly Compensated Group (as defined in subsection (a) above) for the current Plan Year must satisfy the ACP Test, as described in subsection
(i) above, for each Plan Year. If the Current Year Testing Method is used for a Plan Year, the Plan may switch to the Prior Year Testing Method for a Plan Year only if the Plan has used Current Year Testing for each of the preceding five Plan
Years (or if lesser, the number of Plan Years the Plan has been in existence) or if, as a result of a merger or acquisition described in Code §410(b)(6)(C)(i), the Employer maintains both a plan using Prior Year Testing and a plan using Current
Year Testing and the change is made within the transition period described in Code §410(b)(6)(C)(ii). 

  

	 	(3)	Special rule for first Plan Year. For the first Plan Year that the Plan provides for either Matching Contributions or After-Tax Contributions, the testing
method selected under AA §6B-6(a) applies, unless designated otherwise under AA §6B-6(b). If the Prior Year Testing Method applies for the first year of the Plan, the ACP Test applies by assuming the ACP for the Nonhighly Compensated Group
is 3%. If the Current Year Testing Method applies for the first year of the Plan, the ACP Test applies using the actual data for the Nonhighly Compensated Group in the first Plan Year. This first Plan Year rule does not apply if this Plan is a
successor to a plan (as described in IRS Notice 98-1 or subsequent guidance) that was subject to the ACP Test or if the Plan is aggregated for purposes of applying the ACP Test with another plan that was subject to the ACP test in the prior Plan
Year. For subsequent Plan Years, the testing method selected under AA §6B-6(a) will apply. 

  

			
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	 	(4)	Use of Salary Deferrals and QNECs under the ACP Test. The Plan Administrator may take into account all or any portion of Salary Deferrals and QNECs (see
Section 3.02(a)(5)) for purposes of applying the ACP Test. QNECs may not be included in the ACP Test to the extent such amounts are included in the ADP Test for such Plan Year. Salary Deferrals and QNECs made to another qualified plan
maintained by the Employer may also be taken into account, so long as the other plan has the same Plan Year as this Plan. To include Salary Deferrals under the ACP Test, the Plan must satisfy the ADP Test taking into account all Salary Deferrals,
including those used under the ACP Test, and taking into account only those Salary Deferrals not included in the ACP Test. To include QNECs under the ACP Test, all Employer Nonelective Contributions, including the QNECs, must satisfy Code
§401(a)(4). In addition, the Employer Nonelective Contributions, excluding any QNECs used in the ADP Test or ACP Test, must also satisfy Code §401(a)(4). If the Employer is using the Prior Year Testing Method (as described in subsection
6.01(a)(2)(i) above), the Employer may not include QNECs in the ACP Test. 

 Effective for Plan Years beginning on
or after January 1, 2006, no QNEC may be taken into account under the ACP Test for any individual Nonhighly Compensated Employee to the extent such QNEC exceeds the greater of 5% of such Nonhighly Compensated Employee’s Plan Compensation
or two times the lowest “applicable contribution rate” for any eligible Nonhighly Compensated Employee within a group of Nonhighly Compensated Employees that consist of 50% of the total eligible Nonhighly Compensated Employees under the
Plan (or, if greater, the lowest “applicable contribution rate” allocated to any Nonhighly Compensated Employee who is in the group of Nonhighly Compensated Employees employed as of the last day of the Plan Year). For this purpose, the
applicable contribution percentage is the sum of QNECs and Matching Contributions allocated to a Nonhighly Compensated Employee (determined as a percentage of Plan Compensation). If QNECs are being made in connection with the Employer’s
obligation to pay prevailing wages under the Davis-Bacon Act (46 Stat. 1494), Public Law 71-798, Service Contract Act of 1965 (79 Stat. 1965), Public Law 89-286, or similar legislation, QNECs can be taken into account for a Plan Year for a Nonhighly
Compensated Employee to the extent such contributions do not exceed 10% of Plan Compensation. 
  

	 	(i)	Timing of contributions. In order to be used in the ACP Test for a given Plan Year, QNECs must be made before the end of the 12-month period immediately
following the Plan Year for which they are allocated. 

  

	 	(ii)	Testing flexibility. The Plan Administrator is expressly granted the full flexibility permitted by applicable Treasury regulations to determine the amount
of Salary Deferrals and QNECs used in the ACP Test. Salary Deferrals and QNECs taken into account under the ACP Test do not have to be uniformly determined for each Participant, and may represent all or any portion of the Salary Deferrals and QNECs
allocated to each Participant, provided the conditions described above are satisfied. 

  

	 	(5)	Double-counting limits. This subsection (5) applies if the Prior Year Testing Method is used to run the ACP Test and, in the prior Plan Year, the
Current Year Testing Method was used to run the ACP Test. If this paragraph applies, all QNECs or QMACs that were included in either the ADP Test or ACP Test for the prior Plan Year are disregarded in calculating the ACP of the Nonhighly Compensated
Group for the prior Plan Year. 

 For purposes of applying the double-counting limits, if actual data of the
Nonhighly Compensated Group is used for a first Plan Year described in subsection (3) above, the Plan is still considered to be using the Prior Year Testing Method for that first Plan Year. Thus, the double-counting limits do not apply if the
Prior Year Testing Method is used for the next Plan Year. 
  

	 	(b)	Correction of Excess Aggregate Contributions. If the Plan fails the ACP Test for a Plan Year, the Plan Administrator may use any combination of the
correction methods under this Section to correct the Excess Aggregate Contributions under the Plan. 

  

	 	(1)	 Excess Aggregate Contributions. Excess Aggregate Contributions are the amount of Matching Contributions and/or After-Tax Contributions
taken into account in computing the ACP of the Highly Compensated Group that exceed the maximum amount permitted under the ACP Test for the Plan Year. The amount of Excess Aggregate Contributions for a Plan Year are the amounts determined by
hypothetically reducing the ACP contributions of the Highly Compensated Employees, beginning with the Highly Compensated Employee(s) with the highest ACP for the Plan Year, and reducing the ACP of such Highly Compensated Employees until the reduced
percentage reaches the ACP of the Highly Compensated Employee(s) with the next higher ACP or until the adjusted ACP percentage satisfies the ACP Test. The reduction continues for each level of Highly Compensated Employees until the Plan satisfies
the ACP Test. The total dollar amount so determined is then divided among the Highly Compensated Group in the manner described in subsection (2) to determine the actual corrective distributions to be made. For this purpose, any Excess
Contributions that are recharacterized as After-Tax Employee Contributions under Section 6.01(b)(4) are taken into account as After-Tax Employee Contributions 

  

			
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for the Plan Year that includes the time at which the Excess Contribution is includible in the gross income of the Employee under §1.401(k)-2(b)(3)(ii). 

 

	 	(2)	 Corrective distribution of Excess Aggregate Contributions. If the Plan fails the ACP Test for a Plan Year, the Plan Administrator may, in
its discretion, distribute Excess Aggregate Contributions (including any allocable income or loss) no later than 12 months following the end of the Plan Year to correct the ACP Test violation. Excess Aggregate Contributions will be distributed only
to the extent they are vested under Section 7.02, determined as of the last day of the Plan Year for which the contributions are made to the Plan. To the extent Excess Aggregate Contributions are not vested, the Excess Aggregate Contributions,
plus any income and minus any loss allocable thereto, shall be forfeited in accordance with Section 7.10 in the Plan Year in which the corrective distribution is made from the Plan. If the 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 will be imposed on the Employer with respect to such amounts. 

  

	 	(i)	Amount to be distributed. In determining the amount of Excess Aggregate Contributions to be distributed to a Highly Compensated Employee under this
Section, Excess Aggregate Contributions are first allocated equally to the Highly Compensated Employee(s) with the largest dollar amount of ACP contributions for the Plan Year in which the excess occurs until all of the Excess Aggregate
Contributions are allocated or until the dollar amount of ACP contributions for such Highly Compensated Employee(s) is reduced to the next highest dollar amount of such contributions for any other Highly Compensated Employee(s).

  

	 	(ii)	Allocable gain or loss. A corrective distribution of Excess Aggregate Contributions must include any allocable gain or loss for the Plan Year in which the
excess occurs. For this purpose, allocable gain or loss on Excess Aggregate Contributions may be determined in any reasonable manner, provided the manner used is applied uniformly and in a manner that is reasonably reflective of the method used by
the Plan for allocating income to Participants’ Accounts. 

  

	 	(A)	Method of allocating gain or loss. For Plan Years beginning after December 31, 2005, the income allocable to Excess Aggregate Contributions is equal
to (I) the sum of the allocable gain or loss for the Plan Year plus (II) to the extent the Excess Aggregate Contributions are credited with gain or loss for the gap period (i.e., the Plan contains a Valuation Date during the gap period), the
allocable gain or loss determined for the gap period. For this purpose, the gap period is the period after the close of the Plan Year and prior to the distribution of Excess Aggregate Contributions. The Plan will not fail to use a reasonable method
for computing the income allocable to Excess Aggregate Contributions merely because the income allocable to Excess Aggregate Contributions is determined as of a Valuation Date that occurs no more than 7 days before the date of the distribution. (For
Plan Years beginning before January 1, 2006, income or loss allocable to the period between the end of the Plan Year and the date of distribution can be disregarded in determining income or loss.) 

 

	 	(B)	Alternative method of allocating plan year gain or loss. The gain or loss attributable to Excess Aggregate Contributions for the Plan Year may be
determined by multiplying the gain or loss for the Plan Year allocable to Matching Contributions and After-Tax Contributions (and other contributions included in the ACP Test) by a fraction, the numerator of which is the Excess Aggregate
Contributions for the Participant for the Plan Year, and the denominator of which is the Participant’s Account Balance attributable to Matching Contributions and After-Tax Contributions (and other contributions included in the ACP Test) without
regard to any income or loss occurring during such Plan Year. 

  

	 	(C)	Safe harbor method of allocating gap period income. The allocation of gain or loss for the gap period (as defined in subsection (A) above) will be
deemed to be reasonable if the gain or loss on Excess Aggregate Contributions for the gap period is equal to 10% of the gain or loss allocable to Excess Aggregate Contributions for the Plan Year (as determined under subsection (B) above)
multiplied by the number of calendar months that have elapsed since the end of the plan year. For purposes of calculating the number of calendar months that have elapsed under this safe harbor method, a corrective distribution that is made on or
before the fifteenth day of a month is treated as made on the last day of the preceding month and a distribution made after the fifteenth day of a month is treated as made on the last day of the month. 

 

	 	(D)	 Alternative method for allocating plan year and gap period income. The Plan may determine the allocable gain or loss for the aggregate of
the Plan Year and the gap period by applying the alternative method provided under subsection (B) above to this aggregate period. This is 

  

			
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accomplished by substituting the gain or loss for the Plan Year and the gap period for the gain or loss for the Plan Year and by substituting the contributions taken into account under this
Section for the Plan Year and the gap period for the contributions taken into account under this Section for the Plan Year in determining the fraction that is multiplied by that gain or loss. 

 

	 	(iii)	Coordination with other provisions. A corrective distribution of Excess Aggregate Contributions made by the end of the Plan Year following the Plan Year
in which the excess occurs may be made without consent of the Participant or the Participant’s spouse, and without regard to any distribution restrictions applicable under Section 8.10. Excess Aggregate Contributions are treated as Annual
Additions for purposes of Code §415 even if distributed from the Plan. A corrective distribution of Excess Aggregate Contributions is not treated as a distribution for purposes of applying the required minimum distribution rules under
Section 8.12. 

  

	 	(iv)	Accounting for Excess Aggregate Contributions. Excess Aggregate Contributions are distributed from the following sources and in the following priority:

  

	 	(A)	After-Tax Contributions that are not matched; 

  

	 	(B)	proportionately from After-Tax Contributions not distributed under subsection (A) and related Matching Contributions that are included in the ACP Test;

  

	 	(C)	Matching Contributions included in the ACP Test that are not distributed under subsection (B); 

 

	 	(D)	Salary Deferrals included in the ACP Test that are not matched; 

  

	 	(E)	proportionately from Salary Deferrals included in the ACP Test that are not distributed under subsection (D) and related Matching Contributions that are
included in the ACP Test and not distributed under subsection (B) or (C)); and 

  

	 	(F)	QNECs included in the ACP Test. 

 If a Participant has both a Pre Tax-Deferral Account and a Roth Deferral Account, the Participant may designate the extent to which the corrective distribution of Salary Deferrals is taken from the
Pre-Tax Deferral Account or from the Roth Deferral Account, unless designated otherwise under AA §6A-5(e). If a Participant does not designate the Account(s) from which the distribution will be made, the corrective distribution will be made
first from the Participant’s Pre-Tax Deferral Account. 
  

	 	(3)	Making QNECs or QMACs. Regardless of any elections under AA §6-4 or AA §6B-4 of the Profit Sharing/401(k) Plan Adoption Agreement, the Employer
may make additional QNECs or QMACs to the Plan on behalf of the Nonhighly Compensated Employees and use such amount to correct an ACP Test violation to the extent such amounts are not used in the ADP Test. Any QNECs contributed under this subsection
(3) which are not specifically authorized under AA §6-4 will be allocated to all Participants who are Nonhighly Compensated Employees in the ratio that each such Participant’s Plan Compensation bears to the Plan Compensation of all
Participants for the Plan Year. Any QMACs contributed under this subsection (3) which are not specifically authorized under AA §6B-4 will be allocated to all Participants who are Nonhighly Compensated as a uniform percentage of Salary
Deferrals made during the Plan Year. See Sections 3.02(a)(5) and 3.04(d), as applicable. 

  

	 	(c)	Adjustment of contribution rate for Highly Compensated Employees. The Employer may suspend (or automatically reduce the rate of) After-Tax Contributions
for the Highly Compensated Group, to the extent necessary to satisfy the ACP Test or to reduce the margin of failure. A suspension or reduction shall not affect After-Tax Contributions already contributed by the Highly Compensated Employees for the
Plan Year. As of the first day of the subsequent Plan Year, After-Tax Contributions shall resume at the levels elected by the Highly Compensated Employees. 

 

	 	(d)	Special testing rules. 

  

	 	(1)	 Special rule for determining ACP of Highly Compensated Group. When calculating the ACP of the Highly Compensated Group for any Plan Year,
a Highly Compensated Employee’s After-Tax Contributions and/or Matching Contributions under all qualified plans maintained by the Employer are taken into account as if such contributions were made to a single plan. For this purpose, any QNECs
or QMACs taken into account under the ACP Test also are treated as made under a single plan. In addition, if a Highly Compensated Employee participates in two or more plans of the Employer that have different Plan Years, all ACP contributions made

  

			
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during the Plan Year under all such plans shall be aggregated. For Plan Years beginning before 2006, all ACP contributions made in Plan Years that end with or within the same calendar year are
treated as made under a single plan. This aggregation rule does not apply to plans that are mandatorily disaggregated under regulations under Code §410(m). 

 

	 	(2)	Aggregation of plans. When calculating the ACP Test, if this Plan satisfies the requirements of Code §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, all such plans are treated as a single plan. If more than 10% of the Employer’s
Nonhighly Compensated Employees are involved in a plan coverage change as defined in Treas. Reg. §1.401(m)-2(c)(4), then any adjustments to the ACP of the Nonhighly Compensated Group for the prior year will be made in accordance with such
regulations, unless the Employer has elected under AA §6B-6 to use the Current Year Testing Method. Plans may be aggregated in order to satisfy Code §401(m) only if they have the same Plan Year and use the same ACP testing method.

  

	 	(3)	Multiple use test. The multiple use test described under Treas. Reg. §1.401(m)(2) does not apply for any Plan Year beginning on or after
January 1, 2002. 

  

	6.03	Disaggregation of Plans. Subject to the provisions of this Section 6.03, certain plans shall be treated as constituting separate plans to the extent
required under the mandatory disaggregation rules under Code §§401(k) and 401(m). 

  

	 	(a)	Plans covering Collectively Bargained Employees and non-Collectively Bargained Employees. If the Plan covers Collectively Bargained Employees and
non-Collectively Bargained Employees, the Plan is mandatorily disaggregated for purposes of applying the ADP Test and the ACP Test into two separate plans, one covering the Collectively Bargained Employees and one covering the non-Collectively
Bargained Employees. A separate ADP Test must be applied for each disaggregated portion of the Plan in accordance with applicable Treasury regulations. A separate ACP Test must be applied to the disaggregated portion of the Plan that covers the
non-Collectively Bargained Employees. The disaggregated portion of the Plan that includes the Collectively Bargained Employees is deemed to pass the ACP Test. 

 

	 	(b)	Otherwise excludable Employees. If the minimum coverage test under Code §410(b) is performed by disaggregating “otherwise excludable
Employees” (i.e., Employees who have not satisfied the maximum age 21 and one Year of Service eligibility conditions permitted under Code §410(a)), then the Plan is treated as two separate plans, one benefiting the otherwise excludable
Employees and the other benefiting Employees who have satisfied the maximum age and service eligibility conditions. If such disaggregation applies, the following operating rules apply to the ADP Test and the ACP Test. 

 

	 	(1)	Separate ADP and ACP Tests. For Plan Years beginning before January 1, 1999, the ADP Test and the ACP Test are applied separately for each
disaggregated plan. If there are no Highly Compensated Employees benefiting under a disaggregated plan, then no ADP Test or ACP Test is required for such plan. 

 

	 	(2)	Single ADP and ACP Test. For Plan Years beginning after December 31, 1998, only the disaggregated plan that benefits the Employees who have satisfied
the maximum age and service eligibility conditions permitted under Code §410(a) is subject to the ADP Test and the ACP Test. However, any Highly Compensated Employee who is benefiting under the disaggregated plan that includes the otherwise
excludable Employees is taken into account in such tests. The Employer may elect to apply the rule in subsection (1) instead. 

  

	 	(3)	Application of Entry Dates. In determining whether an Employee is an “otherwise excludible Employee” for purposes of applying the testing rules
in subsection (1) and (2) above, the Plan will be deemed to provide the maximum Entry Dates permitted under Code §410(a)(4). Thus, an Employee is treated as an “otherwise excludible employee” for purposes of applying the
special testing rules in subsection (1) and (2) above if the Employee has not satisfied the maximum minimum age and service requirements permitted under Code §410(a), taking into account the maximum Entry Date provisions under Code
§410(a)(4) (i.e., the Plan will be deemed to apply an Entry Date that is the earlier of the date that is 6 months after the date the Employee satisfies the maximum age and service conditions or the first day of the Plan Year following
satisfaction of such maximum age and service conditions). 

  

	 	(c)	Corrective action for disaggregated plans. Any corrective action authorized by this Section 6 may be determined separately with respect to each
disaggregated portion of the Plan. A corrective action taken with respect to a disaggregated portion of the Plan need not be consistent with the method of correction (if any) used for another disaggregated portion of the Plan. To the extent the
Adoption Agreement authorizes the Employer to make discretionary QNECs or discretionary QMACs, the Employer is expressly permitted to designate such QNECs or QMACs as allocable only to Participants in a particular disaggregated portion of the Plan.

  

			
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	6.04	Safe Harbor 401(k) Plan Provisions. The Employer may elect in AA §6C to apply the Safe Harbor 401(k) Plan provisions under this Section 6.04.
The ADP Test described in Section 6.01(a) is deemed to be satisfied for any Plan Year in which the Plan qualifies as a Safe Harbor 401(k) Plan. In addition, if Matching Contributions are made for such Plan Year, the ACP Test is deemed satisfied
with respect to such contributions if the conditions of subsection (g) below are satisfied. To qualify as a Safe Harbor 401(k) Plan, the requirements under this Section 6.04 must be satisfied for the entire Plan Year.

  

	 	(a)	Safe harbor requirements. To qualify as a Safe Harbor 401(k) Plan, the Plan must satisfy the requirements under subsections (1), (2), (3) and
(4) below. 

  

	 	(1)	Safe Harbor Contribution. To qualify as a Safe Harbor 401(k) Plan, the Employer must provide a Safe Harbor Employer Contribution or a Safe Harbor Matching
Contribution to Nonhighly Compensated Participants under the Plan. (See subsection (b) below for a discussion of the Participants eligible for a Safe Harbor Contribution.) The Safe Harbor Contribution must be made to the Plan no later than 12
months following the close of the Plan Year for which it is being used to qualify the Plan as a Safe Harbor 401(k) Plan. 

  

	 	(i)	Safe Harbor Employer Contribution. The Employer may elect under AA §6C-2(b) to make a Safe Harbor Employer Contribution of at least 3% of Plan
Compensation. The Employer has the discretion to increase the amount of the Safe Harbor Employer Contribution in excess of the percentage designated under AA §6C-2(b). (See subsection (4)(iii) below for the ability to condition the Safe
Harbor Employer Contribution on the provision of a supplemental notice.) 

  

	 	(ii)	Safe Harbor Matching Contribution. The Employer may elect under AA §6C-2(a) to satisfy the Safe Harbor Contribution requirement by making a Safe
Harbor Matching Contribution with respect to each Participant’s Salary Deferrals under the Plan. If After-Tax Contributions are authorized under AA §6D of the Profit Sharing/401(k) Plan Adoption Agreement, the Employer may elect in AA
§6D-3 to provide the Safe Harbor Matching Contribution with respect to such After-Tax Contributions. The Employer may elect under AA §6C-2(a) of the Profit Sharing/401(k) Plan Adoption Agreement to provide a basic Safe Harbor Matching
Contribution, an enhanced Safe Harbor Matching Contribution, or a tiered Safe Harbor Matching Contribution. 

  

	 	(A)	Basic Safe Harbor Matching Contribution. Under the basic Safe Harbor Matching Contribution formula, each eligible Participant (as defined in AA
§6C-3) will receive a Safe Harbor Matching Contribution equal to: 

  

	 	(I)	100% of the amount of a Participant’s Salary Deferrals that do not exceed 3% of the Participant’s Plan Compensation, plus 

 

	 	(II)	50% of the amount of a Participant’s Salary Deferrals that exceed 3% of the Participant’s Plan Compensation but that do not exceed 5% of the
Participant’s Plan Compensation. 

  

	 	(B)	Enhanced Safe Harbor Matching Contribution. Under the enhanced Safe Harbor Matching Contribution formula, the Safe Harbor Matching Contribution must not
be less, at each level of Salary Deferrals, than the amount required under the basic Safe Harbor Matching Contribution formula under subsection (A) above. Under the enhanced Safe Harbor Matching Contribution formula, the rate of Matching
Contributions may not increase as an Employee’s rate of Salary Deferrals increase. 

  

	 	(C)	Contributions for Highly Compensated Employees. The Plan will not fail to be a Safe Harbor 401(k) Plan merely because Highly Compensated Employees also
receive a Safe Harbor Matching Contribution under the Plan. However, a Safe Harbor Matching Contribution will not satisfy this Section if any Highly Compensated Employee is eligible for a higher rate of Safe Harbor Matching Contribution than is
provided for any Nonhighly Compensated Employee who has the same rate of Salary Deferrals. 

  

	 	(D)	 Period for making Safe Harbor Matching Contribution. In determining a Participant’s Safe Harbor Matching Contributions, the Employer
may elect under AA §6C-2(a)(2) of the Profit Sharing/401(k) Plan Adoption Agreement to determine the Safe Harbor Matching Contribution on the basis of Salary Deferrals the Participant makes during the Plan Year. Alternatively, the Employer may
elect to determine the Safe Harbor Matching Contribution on a payroll, monthly, or quarterly basis. If the Employer elects to use a period other than the Plan Year, the Safe Harbor Matching Contribution must be deposited into the Plan by the last
day of the Plan Year quarter following the Plan Year quarter for which the Salary Deferrals are made. (See Section 3.04(c) for 

  

			
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rules applicable to “true-up” contributions where the Employer contributes Matching Contributions to the Plan on a different period than selected under AA §6C-2(a)(2).)

  

	 	(2)	Full and immediate vesting. The Safe Harbor Contribution under subsection (1) above must be 100% vested, regardless of the Employee’s length of
service, at the time the contribution is made to the Plan. Any additional amounts contributed under the Plan may be subject to a vesting schedule. 

  

	 	(3)	Distribution restrictions. Distributions of the Safe Harbor Contribution under subsection (1) must be restricted in the same manner as Salary
Deferrals under Section 8.10(c), except that such contributions may not be distributed upon Hardship. See Section 8.10(d). 

  

	 	(4)	Annual notice. Each eligible Participant (as defined in subsection (b) below) must receive a written notice describing the Participant’s rights
and obligations under the Plan. 

  

	 	(i)	Contents of notice. The annual notice must include a description of: 

 

	 	(A)	the Safe Harbor Contribution formula being used under the Plan; 

  

	 	(B)	any other contributions under the Plan; 

  

	 	(C)	the plan to which the Safe Harbor Contributions will be made (if different from this Plan); 

 

	 	(D)	the type and amount of Plan Compensation that may be deferred under the Plan; 

 

	 	(E)	the administrative requirements for making and changing Salary Deferral elections; and 

 

	 	(F)	the withdrawal and vesting provisions under the Plan. 

 In addition to any other election periods provided under the Plan, each eligible Participant may make or modify his/her Salary Deferral election during the 30-day period immediately following receipt of
the annual notice. 
  

	 	(ii)	Timing of notice. Each Participant must receive the annual notice within a reasonable period before the beginning of the Plan Year (or within a reasonable
period before an Employee becomes a Participant, if later). For this purpose, an Employee will be deemed to have received the notice in a timely manner if the Employee receives such notice at least 30 days, but not more than 90 days, before the
beginning of the Plan Year. For an Employee who becomes a Participant after the 90th day before the beginning of the Plan Year, the notice will be deemed timely if it is provided before the date the Employee becomes eligible to participate under the
Plan (but no more than 90 days before the Employee becomes eligible). 

  

	 	(iii)	Supplemental notice. If the Employer elects to provide the Safe Harbor Employer Contribution described in subsection (1)(i) above, the Employer may
elect under AA §6C-2(b)(1) to make such contribution only as authorized under a supplemental notice described in this subsection (iii). If the Employer elects to make the Safe Harbor Employer Contribution pursuant to a supplemental notice, the
Employer will notify each Participant in the annual notice described in this subsection (4) that the Employer may provide the Safe Harbor Employer Contribution and that a supplemental notice will be provided if the Employer decides to
make the Safe Harbor Employer Contribution. The supplemental notice indicating the Employer’s intention to make the Safe Harbor Employer Contribution must be provided no later than 30 days prior to the last day of the Plan Year for the Plan to
qualify as a Safe Harbor 401(k) Plan. If the Employer does not provide the supplemental notice in accordance with this paragraph, the Employer is not obligated to make the Safe Harbor Employer Contribution and the Plan does not qualify as a Safe
Harbor 401(k) Plan. The Plan will qualify as a Safe Harbor 401(k) Plan for subsequent Plan Years if the appropriate notices are provided for such years. No amendment is required to make the Safe Harbor Employer Contribution in subsequent Plan Years.

  

	 	(b)	Eligibility for Safe Harbor Contributions. The Employer may elect under AA §6C-3 to provide the Safe Harbor Contribution to all Participants or only
to Participants who are Nonhighly Compensated Employees. Alternatively, the Employer may elect to provide the Safe Harbor Contribution to all Nonhighly Compensated Employees who are Participants and all Highly Compensated Employees who are
Participants but who are not Key Employees. This permits a Plan providing the Safe Harbor Employer Contribution to use such amounts to satisfy the Top Heavy minimum contribution requirements under Section 4. See subsection (c) for a
description of the eligibility conditions applicable to Safe Harbor Contributions. Also see Section 3.02(d)(1) for provisions for offsetting additional Employer Contributions by the Safe Harbor Employer Contributions under the Plan.

  

			
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	 	(c)	Different eligibility conditions. In determining who is a Participant for purposes of the Safe Harbor Contribution, the eligibility conditions applicable
to Salary Deferrals under AA §4-1 apply. However, the Employer may elect under AA §6C-3(b) to apply different eligibility conditions for the Safe Harbor Contribution than apply to Salary Deferrals. If the Employer elects under AA
§6C-3(b)(1) to require a Year of Service for determining eligibility for Safe Harbor Matching Contributions, a Year of Service for this purpose is the completion of 1,000 Hours of Service during an Eligibility Computation Period. An Eligibility
Computation Period is as defined under Section 2.03(a)(2) using Plan Years for subsequent Eligibility Computation Periods. If different eligibility conditions are selected for the Safe Harbor Contribution, the Plan must be disaggregated into
separate plans for coverage purposes pursuant to Code §410(b)(4). If the Plan uses different eligibility conditions for Safe Harbor Contributions, the portion of the disaggregated plan that covers Employees who are not eligible for the Safe
Harbor Contribution must satisfy the ADP Test (and ACP Test, if applicable). See IRS Notice 2000-3, Q&A-10. 

  

	 	(d)	Provision of Safe Harbor Contribution in separate plan. The Employer may elect under AA §6C-2(b)(2) to provide the Safe Harbor Contribution
under another Defined Contribution Plan maintained by the Employer. The Safe Harbor Contribution under such other plan must satisfy the conditions under this Section 6.04 for this Plan to qualify as a Safe Harbor 401(k) Plan. To make the Safe
Harbor Contribution under another Defined Contribution Plan, each Employee eligible to participate under this Plan must also be eligible to participate under the other Defined Contribution Plan and the other Defined Contribution Plan must have the
same Plan Year as this Plan. 

  

	 	(e)	Reduction or suspension of Safe Harbor Contributions. 

  

	 	(1)	Safe Harbor Matching Contributions. The Employer may amend the Plan during the Plan Year to reduce or suspend the Safe Harbor Matching Contributions
provided the Employer provides a supplemental notice to all Participants explaining the consequences and effective date of the amendment, and that such Participants have a reasonable opportunity (including a reasonable period) to change their Salary
Deferral and/or After-Tax Contribution elections, as applicable. The amendment reducing or eliminating the Safe Harbor Matching Contribution must be effective no earlier than the later of: (i) 30 days after Participants are given the
supplemental notice or (ii) the date the amendment is adopted. Participants must be given a reasonable opportunity (and reasonable period) prior to the reduction or elimination of the Safe Harbor Matching Contribution to change their Salary
Deferral or After-Tax Contribution elections, as applicable. If the Employer amends the Plan to reduce or eliminate the Safe Harbor Matching Contribution, the Plan is subject to the ADP Test and ACP Test for the entire Plan Year.

  

	 	(2)	Safe Harbor Employer Contributions. The Employer may amend the Plan during the Plan Year to reduce or suspend the Safe Harbor Employer Contributions
provided the Employer notifies all Participants of the amendment and provides each Participant with a reasonable opportunity (including a reasonable period) to change Salary Deferral and/or After-Tax Contribution elections, as applicable. The
amendment reducing or eliminating the Safe Harbor Employer Contributions must be effective no earlier than the later of: (A) 30 days after Participants are notified of the amendment or (B) the date the amendment is adopted. If the Employer
reduces or eliminates the Safe Harbor Employer Contribution during the Plan Year, the Plan is subject to the ADP Test (and ACP Test, if applicable) for the entire Plan Year. 

 

	 	(f)	Deemed compliance with ADP Test. If the Plan satisfies all the conditions under subsection (a) above to qualify as a Safe Harbor 401(k) Plan, the
Plan is deemed to satisfy the ADP Test for the Plan Year. This Plan will not be deemed to satisfy the ADP Test for a Plan Year if a Participant is covered under another Safe Harbor 401(k) Plan maintained by the Employer which uses the provisions
under this Section to comply with the ADP Test. 

  

	 	(g)	Deemed compliance with ACP Test. If the Plan satisfies all the conditions under subsection (a) above to qualify as a Safe Harbor 401(k) Plan, the
Plan is deemed to satisfy the ACP Test for the Plan Year with respect to Matching Contributions (including Matching Contributions that are not used to qualify as a Safe Harbor 401(k) Plan), provided the following conditions are satisfied. If the
Plan does not satisfy the requirements under this subsection (g) for a Plan Year, the Plan must satisfy the ACP Test for such Plan Year in accordance with subsection (h) below. 

 

	 	(1)	Only Safe Harbor Matching Contributions. If the only Matching Contributions provided under the Plan are Safe Harbor Matching Contributions under AA
§6C-2(a)(1), the Plan is deemed to satisfy the ACP Test, without regard to the conditions under subsections (2)-(5) below. 

  

	 	(2)	 Additional Matching Contributions. If Matching Contributions are provided (other than Safe Harbor Matching Contributions under AA
§6C-2(a)) the total Matching Contributions provided under the Plan (whether or not such Matching Contributions are provided under a Safe Harbor Matching Contribution formula) must not apply to any Salary Deferrals or After-Tax Contributions
that exceed 6% of Plan Compensation. If a Matching 

  

			
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Contribution formula applies to both Salary Deferrals and After-Tax Contributions, then the sum of such contributions that exceed 6% of Plan Compensation must be disregarded under the formula.

  

	 	(3)	Discretionary Matching Contributions. If the Employer elects to provide discretionary Matching Contributions under a Safe Harbor 401(k) Plan, such
discretionary Matching Contributions will not be subject to the ACP Test only if the total amount of the discretionary Matching Contributions are limited to no more than 4% of the Employee’s Plan Compensation. 

 

	 	(4)	Rate of Matching Contribution may not increase. The Matching Contribution formula may not provide a higher rate of match at higher levels of Salary
Deferrals or After-Tax Contributions. 

  

	 	(5)	Limit on Matching Contributions for Highly Compensated Employees. The Matching Contributions made for any Highly Compensated Employee at any rate of
Salary Deferrals and/or After-Tax Contributions cannot be greater than the Matching Contributions provided for any Nonhighly Compensated Employee at the same rate of Salary Deferrals and/or After-Tax Contributions. 

 

	 	(6)	After-Tax Contributions. If the Plan permits After-Tax Contributions, such contributions must satisfy the ACP Test, regardless of whether the Matching
Contributions under Plan are deemed to satisfy the ACP Test under this subsection (g). The ACP Test must be performed in accordance with subsection (h) below. 

 

	 	(7)	Additional Matching Contributions may be subject to vesting and distribution restrictions. Additional Matching Contributions may satisfy the ACP Test safe
harbor described in this subsection (g) even if such Matching Contributions are subject to the normal vesting schedule and distribution rules applicable to Matching Contributions. However, if such Matching Contributions are subject to
allocation conditions under AA §6B-7, such Matching Contributions will fail to satisfy the ACP Test safe harbor described in this subsection (g). 

  

	 	(h)	Rules for applying the ACP Test. If the ACP Test must be performed under a Safe Harbor 401(k) Plan, either because there are After-Tax Contributions, or
because the Matching Contributions do not satisfy the conditions described in subsection (g) above, the Current Year Testing Method must be used to perform such test, even if the Adoption Agreement specifies that the Prior Year Testing Method
applies. In addition, the testing rules provided in IRS Notice 98-52 (or any successor guidance) are applicable in applying the ACP Test. 

  

	 	(i)	Application of Top Heavy rules. Effective for years beginning after December 31, 2001, if the only contributions under a Safe Harbor 401(k) Plan are
Safe Harbor Contributions described under subsection (a) and Matching Contributions eligible for the ACP Test safe harbor, as described in subsection (g), the Plan is deemed to satisfy the Top Heavy requirements, as described in Section 4.
For this purpose, if a Plan has only safe harbor contributions described under this subsection (i) and the Plan has forfeitures for a Plan Year, such forfeitures will be used to reduce the Safe Harbor Contributions for such Plan Year.

  

	 	(j)	Plan Year. Except as provided in subsections (1)—(3) below, to qualify as a Safe Harbor 401(k) Plan, the safe harbor requirements under this
Section 6.04 must be satisfied for an entire 12-month Plan Year. 

  

	 	(1)	First year of plan. A newly established plan (other than a successor plan within the meaning of Treas. Reg. §1.401(m)-2(c)(2)(iii)) will not fail to
satisfy the requirements of subsection (j) merely because the Plan Year is less than 12 months, provided that the Plan Year is at least 3 months long. If an Employer is newly established and adopts the Plan as soon as administratively feasible
after the Employer comes into existence, the initial Plan Year may be shorter than 3 months. 

 If the Plan has an
initial Plan Year that is less than 12 months, for purposes of applying the Code §415 Limitation under Section 5.03, the Limitation Year will be the 12-month period ending on the last day of the short Plan Year. Thus, no proration of the
Defined Contribution Dollar Limitation will be required. See Section 5.03(c)(2). In addition, the Employer’s Plan Compensation will be determined for the 12-month period ending on the last day of the short Plan Year. Thus, no proration of
the Compensation Limit will be required. See Section 1.24. 
  

	 	(2)	Change of Plan Year. If the Plan is amended to change its Plan Year, resulting in a Short Plan Year (see Section 11.08), the Plan will not fail to
satisfy the requirements of subsection (j), provided: 

  

	 	(i)	The Plan satisfies the safe harbor requirements under this Section 6.04 for the immediately preceding Plan Year; and 

  

			
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	 	(ii)	The plan satisfies the safe harbor requirements under this Section 6.04 (determined without regard to subsection (e) above) for the immediately
following Plan Year or for the immediately following 12 months if the immediately following Plan Year is less than 12 months. 

  

	 	(3)	Final plan year. If the Plan is terminated during a Plan Year, the Plan will not fail to satisfy the requirements of subsection (j) merely because
the final Plan Year is less than 12 months, provided that the plan satisfies the safe harbor requirements under this Section 6.04 through the date of termination and either: 

 

	 	(i)	The Plan would satisfy the requirements of subsection (e), treating the termination of the Plan as a reduction or suspension of Safe Harbor Matching
Contributions (other than the requirement that Employees have a reasonable opportunity to change their Salary Deferral or After-Tax Contribution elections); or 

 

	 	(ii)	The Plan termination is in connection with a transaction described in Code §410(b)(6)(C) or the Employer incurs a substantial business hardship, comparable
to a substantial business hardship described in Code §412(d). If this subsection (ii) applies, the Plan will continue to qualify as a Safe Harbor 401(k) Plan for the year of termination. 

 

	6.05	SIMPLE 401(k) Plan contributions. The Employer may designate in AA §6A-10 of the Profit Sharing/401(k) Plan Adoption Agreement to treat the Plan as a
SIMPLE 401(k) Plan. To treat the Plan as a SIMPLE 401(k) Plan for a Plan Year, the Employer must be an Eligible Employer (as defined in subsection (a)(1) below) and no contributions may be made, or benefits accrued, for services during the calendar
year, on behalf of any Eligible Employee under any other plan, contract, pension, or trust described in Code §219(g)(5)(A) or (B), maintained by the Employer. If the Plan is designated as a SIMPLE 401(k) Plan, to the extent that any other
provision of the Plan is inconsistent with the provisions of this Section 6.05, the provisions of this Section govern. 

  

	 	(a)	Definitions. 

  

	 	(1)	Eligible Employer. An Eligible Employer means, with respect to any calendar year, an Employer that had no more than 100 employees who received at least
$5,000 of SIMPLE Compensation from the Employer for the preceding calendar year. In applying the preceding sentence, all Employees of Related Employers and Leased Employees are taken into account. 

An Eligible Employer that elects to have the SIMPLE 401(k) provisions apply to the Plan and that fails to be an Eligible Employer for any
subsequent calendar year is treated as an Eligible Employer for the 2 calendar years following the last calendar year the Employer was an Eligible Employer. If the failure is due to any acquisition, disposition, or similar transaction involving an
Eligible Employer, the preceding sentence applies only if the provisions of Code §410(b)(6)(C)(i) are satisfied. 
  

	 	(2)	Eligible Employee. An Eligible Employee means, for purposes of the SIMPLE 401(k) provisions, any Employee who is entitled to make Salary Deferrals under
the terms of the Plan. 

  

	 	(b)	Contributions. 

  

	 	(1)	Salary Deferrals. Each Eligible Employee may make Salary Deferrals in an amount not to exceed $6,000 for 2000, $6,500 for 2001, $7,000 for 2002, $8,000
for 2003, $9,000 for 2004, and $10,000 for 2005. After 2005, the $10,000 limit will be adjusted for cost-of living increases under Code §408(p)(2)(E). Any such adjustments will be in multiples of $500. 

 

	 	(2)	Catch-Up Contributions. Beginning in 2002, the amount of an Employee’s Salary Deferrals permitted for a calendar year is increased for Employees aged
50 or over by the end of the calendar year by the amount of allowable Catch-up Contributions. The allowable Catch-up Contribution is $500 for 2002, $1,000 for 2003, $1,500 for 2004, $2,000 for 2005 and $2,500 for 2006. After 2006, the $2,500 limit
will be adjusted for cost-of-living increases under Code § 414(v)(2)(C). Any such adjustments will be in multiples of $500. Catch-up Contributions are otherwise treated the same as other Salary Deferrals. 

 

	 	(3)	Matching Contributions. Each calendar year, the Employer will contribute a Matching Contribution to the Plan on behalf of each Employee who makes Salary
Deferrals. The amount of the Matching Contribution will be equal to the Employee’s Salary Deferrals up to a limit of 3 percent of the Employee’s SIMPLE Compensation for the full calendar year. 

  

			
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	 	(4)	Employer Contributions. For any calendar year, instead of a Matching Contribution, the Employer may elect to contribute an Employer Contribution of 2
percent of Total Compensation for the full calendar year for each Eligible Employee who received at least $5,000 of SIMPLE Compensation for the calendar year. 

 

	 	(c)	Limit on Contributions. No Employer or Employee Contributions may be made to this Plan for a calendar year other than Salary Deferrals described in
subsections (b)(1) and (b)(2), Matching Contributions described in subsection (b)(3), Employer Contributions described in subsection (b)(4), and Rollover Contributions described in Treas. Reg. §1.402(c)- 2, Q&A-1(a). Such contributions
(other than Catch-Up Contributions under subsection (b)(2)) are subject to the Code §415 Limitation. 

  

	 	(d)	Election and notice requirements. 

  

	 	(1)	Election period. 

  

	 	(i)	In addition to any other election periods provided under the Plan, each Eligible Employee may make or modify Salary Deferral elections during the 60-day period
immediately preceding each January 1. 

  

	 	(ii)	For the calendar year an Employee becomes eligible to make Salary Deferrals under the SIMPLE 401(k) provisions, the 60-day election period requirement under
subsection (i) is deemed satisfied if the Employee may make or modify a Salary Deferral election during a 60-day period that includes either the date the Employee becomes eligible or the day before. 

 

	 	(iii)	Each Employee may terminate a Salary Deferral election at any time during the calendar year 

 

	 	(2)	Notice requirements. 

  

	 	(i)	The Employer will notify each Eligible Employee prior to the 60-day election period described in subsection (1) that he/she can make a Salary Deferral
election or modify a prior election during that period. 

  

	 	(ii)	The notification described in subsection (i) will indicate whether the Employer will provide a 3-percent Matching Contribution described in subsection
(b)(3) or a 2-percent Employer Contribution described in subsection (b)(4). 

  

	 	(e)	Vesting requirements. All benefits attributable to contributions described in subsections (b)(3) and (b)(4)are fully vested at all times, and all previous
contributions made under the Plan are fully vested as of the beginning of the calendar year the SIMPLE 401(k) provisions apply. 

  

	 	(f)	Top Heavy rules. The Plan is not treated as a Top Heavy Plan under Code §416 for any calendar year for which this Section 6.05 applies.

  

	 	(g)	Nondiscrimination tests. The ADP and ACP Tests described in Sections 6.01(a) and 6.02(a) are treated as satisfied for any calendar year for which this
Section 6.05 applies. 

  

	 	(h)	SIMPLE Compensation. SIMPLE Compensation for purposes of this Section 6.05 means the sum of wages, tips, and other compensation from the Eligible
Employer subject to federal income tax withholding (as described in Code §6051(a)(3)) and the Employee’s Salary Deferrals made under any other plan, and if applicable, Elective Deferrals under a SIMPLE IRA (as defined under Code
§408(p), a SARSEP (as defined in Code §408(a)(6), or a plan or contract that satisfies the requirements of Code §403(b), and compensation deferred under a section 457 plan, required to be reported by the employer on Form W-2 (as
described in Code §6051(a)(8)). For self-employed individuals, SIMPLE Compensation means net earnings from self-employment determined under Code §1402(a) prior to subtracting any contributions made under the SIMPLE 401(k) plan on behalf of
the individual. Compensation also includes amounts paid for domestic service (as described in Code §3401(a)(3). SIMPLE Compensation taken into account under the Plan is subject to the Compensation Limit (as defined under Section 1.24).

  

			
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 SECTION 7 
 PARTICIPANT VESTING AND FORFEITURES 
  

	7.01	Vesting of Contributions. A Participant’s vested interest in his/her Employer Contribution Account and Matching Contribution Account is determined
based on the vesting schedule elected in AA §8. A Participant is always fully vested in his/her Salary Deferral Account, After-Tax Contribution Account, QNEC Account, QMAC Account, Safe Harbor Employer Contribution Account, Safe Harbor Matching
Contribution Account, and Rollover Contribution Account. 

  

	7.02	Vesting Schedules. A Participant’s vested interest in his/her Employer Contribution Account and/or Matching Contribution Account is determined by
multiplying the Participant’s vesting percentage (determined under the applicable vesting schedule selected in AA §8) by the total amount under the applicable Account. The Employer must elect both a normal vesting schedule and a Top Heavy
Plan vesting schedule (which applies for any Plan Year in which the plan is Top Heavy). 

  

	 	(a)	Normal vesting schedules. The Employer may choose any of the vesting schedules described in this subsection (a) as the normal vesting schedule with
respect to Employer Contributions. For Plan Years beginning on or after January 1, 2002, Matching Contributions must vest under the full and immediate, 6-year graded, 3-year cliff, or modified vesting schedule, as described below. Unless
elected otherwise under AA §8-2(c) of the Profit Sharing/401(k) Plan Adoption Agreement, the vesting schedule selected under AA §8-2(b) of the Profit Sharing/401(k) Plan Adoption Agreement applies with respect to all Matching Contributions
under the Plan, including Matching Contributions made for Plan Years beginning prior to January 1, 2002. However, the vesting schedule designated in AA §8-2(b) will not apply with respect to Matching Contributions for any Employee who does
not complete an Hour of Service on or after January 1, 2002. For Employees who do not complete an Hour of Service in a Plan Year beginning on or after January 1, 2002, the vesting schedule under the Plan in effect for the Plan Year during
which such Employee last completed an Hour of Service will continue to apply with respect to that Employee. 

  

	 	(1)	Full and immediate vesting schedule. Under the full and immediate vesting schedule, the Participant is always 100% vested in his/her Account Balance.

  

	 	(2)	7-year graded vesting schedule. Under the 7-year graded vesting schedule, an Employee vests in his/her Employer Contribution Account in the following
manner: 

 After 3 Years of Service – 20% vesting 

After 4 Years of Service – 40% vesting 
 After 5 Years of Service – 60% vesting 
 After 6 Years of Service – 80%
vesting 
 After 7 Years of Service – 100% vesting 

Effective for Plan Years beginning on or after January 1, 2002, the 7-year graded vesting schedule may not apply to Matching
Contributions under the Plan. 
  

	 	(3)	6-year graded vesting schedule. Under the 6-year graded vesting schedule, an Employee vests in his/her Employer Contribution Account and/or Matching
Contribution Account in the following manner: 

 After 2 Years of Service – 20% vesting 

After 3 Years of Service – 40% vesting 
 After 4 Years of Service – 60% vesting 
 After 5 Years of Service – 80%
vesting 
 After 6 Years of Service – 100% vesting 

 

	 	(4)	5-year cliff vesting schedule. Under the 5-year cliff vesting schedule, an Employee is 100% vested after 5 Years of Service. Prior to the fifth Year of
Service, the vesting percentage is zero. Effective for Plan Years beginning on or after January 1, 2002, the 5-year cliff vesting schedule may not apply to Matching Contributions under the Plan. 

 

	 	(5)	3-year cliff vesting schedule. Under the 3-year cliff vesting schedule, an Employee is 100% vested after 3 Years of Service. Prior to the third Year of
Service, the vesting percentage is zero. 

  

	 	(6)	 Modified vesting schedule. Under the modified vesting schedule, the Employer may designate the vesting percentage that applies for each
Year of Service. The vesting percentage selected under the modified vesting schedule for any Year of Service may not be less than the percentage that would be permitted under a permitted vesting schedule under this subsection (a). Thus, for example,
for Employer Contributions, the modified vesting schedule would have to satisfy the 7-year graded vesting schedule for each Year of Service, unless 100% vesting occurs after no more than 5 Years of Service. For Matching Contributions, the modified
vesting schedule for 

  

			
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each Year of Service would have to satisfy the 6-year graded vesting schedule, unless 100% vesting occurs after no more than 3 Years of Service. 

 

	 	(b)	Top Heavy vesting schedules. For any Plan Year in which the plan is Top Heavy, the Plan automatically will apply the Top Heavy vesting schedule selected
under AA §8-3. Once a Plan has shifted to a Top Heavy vesting schedule, that schedule will continue to apply for all subsequent Plan Years, unless the Employer elects otherwise under AA §8-6. The rules under Section 7.08 will apply
when a Plan shifts to or from a Top Heavy vesting schedule. 

 The Employer may choose the full and immediate,
6-year graded, 3-year cliff, or modified vesting schedule, as described in subsection (a) above. If the Employer selects a modified vesting schedule under AA §8-3(a)(4) or AA §8-3(b)(4), as applicable], the modified vesting schedule
must satisfy one of the permissible Top Heavy vesting schedules for all Plan Years. 
  

	 	(c)	Special vesting rules. 

  

	 	(1)	Normal Retirement Age. Regardless of the Plan’s vesting schedule, an Employee’s right to his/her Account Balance is fully vested upon the date
he/she attains Normal Retirement Age (as defined in AA §7-1). 

  

	 	(2)	100% vesting upon death, disability, or Early Retirement Age. The Employer may elect under AA §8-5 to allow a Participant’s vesting percentage
to automatically increase to 100% if the Participant dies, becomes Disabled, and/or attains Early Retirement Age while employed by the Employer. 

  

	 	(3)	Safe Harbor 401(k) Plans. If the Plan is a Safe Harbor 401(k) Plan as defined in Section 6.04, any Safe Harbor Employer Contributions and/or Safe
Harbor Matching Contributions made under the Plan are always 100% vested. If a Safe Harbor 401(k) Plan provides for regular Employer Contributions or Matching Contributions, such amounts will be vested in accordance with the vesting schedule
selected under AA §8. Section 7.08 will not apply merely because the Plan is amended to add a vesting schedule for regular Employer Contributions or Matching Contributions. 

 

	 	(4)	Vesting upon merger, consolidation or transfer. No accelerated vesting will be required solely because a Defined Contribution Plan is merged with another
Defined Contribution Plan, or because assets are transferred from a Defined Contribution Plan to another Defined Contribution Plan. (See Section 14.05(a) for the benefits that must be protected as a result of a merger, consolidation or
transfer.) 

  

	 	(5)	Vesting schedules applicable to prior contributions. If the Plan holds Employer Contributions and/or Matching Contributions that are subject to vesting,
but the Plan no longer provides for such contributions, the Plan will continue to apply the vesting schedule applicable to those contributions as determined under the prior Plan document. See Section 7.11(e) for the rules applicable to
forfeitures of such prior contributions. The Employer may document any prior vesting schedule in AA §A-10. 

  

	7.03	Year of Service. An Employee’s position on the vesting schedule is dependent on the Employee’s Years of Service with the Employer. Generally, an
Employee will earn a vesting Year of Service for each Vesting Computation Period during which the Employee completes at least 1,000 Hours of Service. Alternatively, the Employer may elect under AA §8-7(a) to modify the definition of Year of
Service to require completion of any lesser number of Hours of Service or may elect to calculate Years of Service using the Elapsed Time method (as defined in subsection (b) below). 

 

	 	(a)	Hours of Service. Unless the Employer elects to use the Elapsed Time method under AA §8-7(c), vesting Years of Service will be determined based on an
Employee’s Hours of Service earned during the Vesting Computation Period. 

  

	 	(1)	Actual Hours of Service. In determining an Employee’s vesting Years of Service, the Employer will credit an Employee with the actual Hours of Service
earned during the Vesting Computation Period, unless the Employer elects under AA §8-7(d) to determine Hours of Service using the Equivalency Method. 

  

	 	(2)	Equivalency Method. Instead of counting actual Hours of Service in applying the Plan’s vesting schedules, the Employer may elect under AA
§8-7(d) to determine Hours of Service based on the Equivalency Method. Under the Equivalency Method, an Employee receives credit for a specified number of Hours of Service based on the period worked with the Employer. 

 

	 	(i)	Monthly. Under the monthly Equivalency Method, an Employee is credited with 190 Hours of Service for each calendar month during which the Employee
completes at least one Hour of Service with the Employer. 

  

			
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	 	(ii)	Daily. Under the daily Equivalency Method, an Employee is credited with 10 Hours of Service for each day during which the Employee completes at least one
Hour of Service with the Employer. 

  

	 	(iii)	Weekly. Under the weekly Equivalency Method, an Employee is credited with 45 Hours of Service for each week during which the Employee completes at least
one Hour of Service with the Employer. 

  

	 	(iv)	Semi-monthly. Under the semi-monthly Equivalency Method, an Employee is credited with 95 Hours of Service for each semi-monthly period during which the
Employee completes at least one Hour of Service with the Employer. 

  

	 	(3)	Employee need not be employed for entire Vesting Computation Period. If an Employee completes the required Hours of Service during a Vesting Computation
Period, the Employee will receive credit for a Year of Service as of the end of such Vesting Computation Period, even if the Employee is not employed for the entire Vesting Computation Period. 

 

	 	(b)	Elapsed Time method. Instead of using Hours of Service in applying the Plan’s vesting schedules, the Employer may elect under AA §8-7 to apply
the Elapsed Time method for calculating an Employee’s vesting service with the Employer. Under the Elapsed Time method, an Employee receives credit for the aggregate period of time worked for the Employer commencing with the Employee’s
first day of employment (or reemployment, if applicable) and ending on the date the Employee begins a Period of Severance which lasts at least 12 consecutive months. In calculating an Employee’s aggregate period of service, an Employee receives
credit for any Period of Severance that lasts less than 12 consecutive months. If an Employee’s aggregate period of service includes fractional years, such fractional years are expressed in terms of days. 

 

	 	(1)	Period of Severance. For purposes of applying the Elapsed Time method, a Period of Severance is any continuous period of time during which the Employee is
not employed by the Employer. A Period of Severance begins on the date the Employee retires, quits or is discharged, or if earlier, the 12-month anniversary of the date on which the Employee is first absent from service for a reason other than
retirement, quit or discharge. 

 In the case of an Employee who is absent from work for maternity or paternity
reasons, the 12-consecutive month period beginning on the first anniversary of the first date of such absence shall not constitute a Period of Severance. For purposes of this paragraph, an absence from work for maternity or paternity reasons means
an absence (i) by reason of the pregnancy of the Employee, (ii) by reason of the birth of a child of the Employee, (iii) by reason of the placement of a child with the Employee in connection with the adoption of such child by the
Employee, or (iv) for purposes of caring for a child of the Employee for a period beginning immediately following the birth or placement of such child. 
  

	 	(2)	Related Employers/Leased Employees. For purposes of applying the Elapsed Time method, service will be credited for employment with any Related Employer.
Service also will be credited for any service as a Leased Employee or as an employee under Code §414(o). 

  

	7.04	Vesting Computation Period. Generally, the Vesting Computation Period is the Plan Year. Alternatively, the Employer may elect under AA §8-7(b) to use
the 12-month period commencing on the Employee’s date of hire (or reemployment date, if applicable) and each subsequent 12-month period commencing on the anniversary of such date or the Employer may elect to use any other 12-consecutive month
period as the Vesting Computation Period. 

  

	7.05	Excluded service. Generally, except as provided under Section 7.07 with respect to service excluded under the Break in Service rules, all service
with the Employer counts for purposes of applying the Plan’s vesting schedules. However, the Employer may elect under AA §8-4 to exclude certain service with the Employer in calculating an Employee’s vesting Years of Service.

  

	 	(a)	Service before the Effective Date of the Plan. The Employer may elect under AA §8-4(b) to exclude service earned during any period prior to the date
the Employer established the Plan or a Predecessor Plan. For this purpose, a Predecessor Plan is a qualified plan maintained by the Employer that is terminated within the 5-year period immediately preceding or following the establishment of this
Plan. A Participant’s service under a Predecessor Plan must be counted for purposes of determining the Participant’s vested percentage under this Plan. 

 

	 	(b)	Service before a specified age. The Employer may elect under AA §8-4(c) to exclude service before an Employee attains a specified age (not to exceed
age 18). An Employee will be credited with a Year of Service for the Vesting Computation Period during which the Employee attains the required age, provided the Employee satisfies all other conditions required for a Year of Service.

  

			
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	7.06	Service with Predecessor Employers. If the Employer maintains the plan of a Predecessor Employer, any service with such Predecessor Employer is treated as
service with the Employer for purposes of applying the provisions of this Plan. If the Employer does not maintain the plan of a Predecessor Employer, service with such Predecessor Employer does not count for vesting purposes under this
Section 7, unless the Employer specifically designates under AA §4-5 to credit service with such Predecessor Employer for vesting. Unless designated otherwise under AA §4-5, if the Employer takes into account service with a
Predecessor Employer, such service will count for purposes of eligibility under Section 2 (see Section 2.06) vesting under this Section 7, and for purposes of the minimum allocation conditions under Section 3.09 (see
Section 3.09(d)). 

  

	7.07	Break in Service Rules. In addition to any service excluded under Section 7.05, the Employer may elect under AA §8-7 to disregard an
Employee’s vesting service with the Employer under the Break in Service rules set forth in this Section 7.07. 

  

	 	(a)	Break in Service. An Employee incurs a Break in Service for any Vesting Computation Period (as defined in Section 7.04) during which the Employee
does not complete more than five hundred (500) Hours of Service with the Employer. However, if the Employer elects under AA §8-7(a) to require less than 1,000 Hours of Service to earn a vesting Year of Service, a Break in Service will
occur for any Vesting Computation Period during which the Employee does not complete more than one-half (1/2) of the Hours of Service required to earn a vesting Year of Service. In applying these Break in Service rules, Years of Service and
Breaks in Service are measured on the same Vesting Computation Period. 

  

	 	(b)	One-Year Break in Service rule. Under the One-Year Break in Service rule, if an Employee incurs a one-year Break in Service, such Employee will not be
credited with any service earned prior to such one-year Break in Service for purposes of applying the Plan’s vesting schedules until the Employee has completed a Year of Service after the Employee’s return to employment. The Employer must
elect to apply the One-Year Break in Service rule under AA §8-7(f). 

 If a Participant has service
disregarded under the One-Year Break in Service rule, such Participant will have his/her service reinstated upon returning to employment as of the first day of the Vesting Computation Period during which the Participant completes a Year of Service.

  

	 	(c)	Nonvested Participant Break in Service rule. Under the Nonvested Participant Break in Service rule, if a Participant is totally nonvested (i.e., 0%
vested) in his/her entire Account Balance, and such Participant incurs five (5) or more consecutive one-year Breaks in Service (or, if greater, a consecutive period of Breaks in Service at least equal to the Participant’s aggregate number
of Years of Service with the Employer), the Plan will disregard all service earned prior to such consecutive Breaks in Service for purposes of applying the vesting schedules under the Plan. If the Employee returns to employment with the Employer,
such Employee will be treated as a new Employee for purposes of determining vesting under the Plan. For this purpose, a Participant who has made Salary Deferrals under the Plan will be treated as having a vested interest in the Plan. Thus, the
Nonvested Participant Break in Service rule may not be used with respect to any contributions under the Plan (even if such Employee is totally nonvested in such contributions) for a Participant who has made Salary Deferrals under the Plan. The
Employer must elect to apply the Nonvested Participant Break in Service rule under AA §8-7. In determining a Participant’s aggregate Years of Service for purposes of applying the Nonvested Participant Break in Service rule, any Years of
Service otherwise disregarded under a previous application of this rule are not counted. 

  

	 	(d)	Five-Year Forfeiture Break in Service. A Participant’s vesting service also may be disregarded if the Participant incurs a Five-Year Forfeiture Break
in Service, as described in Section 7.10(b) below. 

  

	7.08	Amendment of Vesting Schedule. If the Plan’s vesting schedule is amended (or is deemed amended by an automatic change to or from a Top Heavy Plan
vesting schedule) or if the plan is amended in any way that directly or indirectly affects the computation of the Participant’s vested percentage, each Participant with at least three (3) Years of Service with the Employer, as of the end
of the election period described in the following paragraph, may elect to have his/her vested interest computed under the Plan without regard to such amendment or change. However, the new vesting schedule will apply automatically to an Employee, and
no election will be provided, if the new vesting schedule is at least as favorable to such Employee, in all circumstances, as the prior vesting schedule. 

 The period during which the election may be made shall commence with the date the amendment is adopted or is deemed to be made and shall end on the latest of: 

 

	 	(a)	60 days after the amendment is adopted; 

  

	 	(b)	60 days after the amendment becomes effective; or 

  

	 	(c)	60 days after the Participant is issued written notice of the amendment by the Employer or Plan Administrator. 

  

			
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 No amendment to the plan shall be effective to the extent that it has the effect of
decreasing a participant’s accrued benefit. Notwithstanding the preceding sentence, a participant’s Account Balance may be reduced to the extent permitted under Code §412(c)(8). For purposes of this paragraph, a plan amendment which
has the effect of decreasing a participant’s Account Balance, with respect to benefits attributable to service before the amendment, shall be treated as reducing an accrued benefit. 

Furthermore, if the vesting schedule of the Plan is amended, in the case of an Employee who is a Participant as of the later of the date
such amendment is adopted or effective, the vested percentage of such Employee’s Account Balance derived from Employer Contributions (determined as of such date) will not be less than the percentage computed under the Plan without regard to
such amendment. 
  

	7.09	Special Vesting Rule—In-Service Distribution When Account Balance is Less than 100% Vested. If amounts are distributed from a Participant’s
Employer Contribution Account or Matching Contribution Account at a time when the Participant’s vested percentage in such amounts is less than 100% and the Participant may increase the vested percentage in the Account Balance:

  

	 	(a)	A separate Account will be established for the Participant’s interest in the Plan as of the time of the distribution, and 

 

	 	(b)	At any relevant time the Participant’s vested portion of the separate Account will be equal to an amount (“X”) determined by the formula:

 X = P (AB + D) – D 
 Where: 
 P is the vested percentage at the relevant time; 

AB is the Account Balance at the relevant time; and 
 D is the amount of the distribution. 
  

	7.10	Forfeiture of Benefits. A Participant will forfeit the nonvested portion of his/her Employer Contribution and/or Matching Contribution Account upon the
occurrence of any of the events described below. The Plan Administrator has the responsibility to determine the amount of a Participant’s forfeiture. Until an amount is forfeited pursuant to this Section 7.10, a Participant’s entire
Account must remain in the Plan and continue to share in gains and losses of the Trust. A Participant will not forfeit any of his/her nonvested Account until the occurrence of one of the following events. 

 

	 	(a)	Cash-Out Distribution. Following termination of employment, a Participant may receive a total distribution of his/her vested benefit under the Plan (a
“Cash-Out Distribution”) in accordance with the distribution and Participant consent provisions under Section 8. If a Participant receives a Cash-Out Distribution upon termination of employment, the Participant’s nonvested
benefit under the Plan will be forfeited in accordance with subsection (1) below. If at the time of termination, a Participant is totally nonvested in his/her entire Account Balance, the Participant will be deemed to receive a total Cash-Out
Distribution of his/her entire vested Account Balance (i.e., a deemed Cash-Out Distribution of zero dollars) as of the date of termination, subject to the forfeiture provisions under subsection (1) below. 

A Cash-Out Distribution does not occur until such time as the Participant receives a distribution of his/her entire vested Account
Balance, including amounts attributable to Salary Deferrals. If a Participant receives a distribution of less than the entire vested portion of his/her Account Balance (including any additional amounts to be allocated under subsection
(1)(ii) below), the Participant will not be treated as receiving a Cash-Out Distribution until such time as the Participant receives a distribution of the remainder of the vested portion of his/her Account Balance. 

 

	 	(1)	Timing of forfeiture. Unless elected otherwise under AA §8-9(b), if a Participant receives a Cash-Out Distribution of his/her vested Account Balance
(as defined in subsection (a) above), the Participant will immediately forfeit the nonvested portion of such Account Balance, as of the date of the distribution or deemed distribution (as determined under subsection (i) or (ii) below,
whichever applies). (See Section 7.11 below for a discussion of the treatment of forfeitures under the Plan.) 

  

	 	(i)	 No further allocations. For purposes of applying the Cash-Out Distribution rules, a terminated Participant who receives a total
distribution of his/her vested Account Balance will be treated as receiving the Cash-Out Distribution as of the date the Participant receives such distribution (or in the case of a deemed Cash-Out Distribution (as described in subsection
(a) above) as of the date the Participant terminates employment), provided the Participant is not entitled to any further allocations under the Plan for the Plan Year in which the Participant terminates employment. The Participant’ will
forfeit his/her 

  

			
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nonvested benefit as of the date the Participant receives the Cash-Out Distribution, in accordance with the provisions under Section 7.11. 

 

	 	(ii)	Additional allocations. For purposes of applying the Cash-Out Distribution rules, if upon termination of employment, a Participant is entitled to an
additional allocation for the Plan Year in which the Participant terminates, such Participant will not be deemed to receive a Cash-Out Distribution until such time as the Participant receives a distribution of his/her entire vested Account Balance,
including any amounts that are still to be allocated under the Plan. Thus, a terminated Participant who is entitled to an additional allocation (e.g., an additional Employer Contribution) for the Plan Year of termination will not be deemed to have a
total Cash-Out Distribution until the Participant receives a distribution of such additional amounts. In the case of a deemed Cash-Out Distribution (as described in subsection (a) above), if the Participant is entitled to an additional
allocation under the Plan for the Plan Year in which the Participant terminates employment, the deemed Cash-Out Distribution is deemed to occur on the first day of the Plan Year following the Plan Year in which the termination occurs, provided the
Participant is still totally nonvested in his/her Account Balance. 

  

	 	(iii)	Modification of Cash-Out Distribution rules. The Employer may elect under AA §8-9(a) to modify the Cash-Out Distribution provision under subsection
(ii) above to provide that the Cash-Out Distribution and related forfeiture occur immediately upon distribution (or deemed distribution) of the terminated Participant’s vested Account Balance, without regard to whether the Participant is
entitled to an additional allocation under the Plan. 

  

	 	(2)	Repayment of Cash-Out Distribution. If a Participant receives a Cash-Out Distribution (as defined in subsection (a) above) that results in a
forfeiture under subsection (1) above, and the Participant resumes employment covered under the Plan, such Participant may repay to the Plan the amount received as a Cash-Out Distribution. For this purpose, to be entitled to a restoration of
benefits (as described in subsection (3) below), the Participant must repay the entire amount of the Cash-Out Distribution, including any amounts attributable to Salary Deferrals. A Participant will only be permitted to repay his/her Cash-Out
Distribution if such repayment is made before the earlier of: 

  

	 	(i)	five (5) years after the first date on which the Participant is subsequently re-employed by the Employer, or 

 

	 	(ii)	the date the Participant incurs a Five-Year Forfeiture Break in Service (as defined in subsection (b) below). 

If a Participant receives a deemed Cash-Out Distribution (as described in subsection (a) above), and the Participant resumes
employment covered under this Plan before the date the Participant incurs a Five-Year Forfeiture Break in Service, the Participant is deemed to repay the Cash-Out Distribution immediately upon his/her reemployment. 

 

	 	(3)	Restoration of forfeited benefit. If a rehired Participant repays a Cash-Out Distribution in accordance with subsection (2) above, any amounts that
were forfeited on account of such Cash-Out Distribution (unadjusted for any interest that might have accrued on such amounts after the distribution date) will be restored to the Plan no later than the end of the Plan Year following the Plan Year in
which the Participant repays the Cash-Out Distribution (or is deemed to repay the Cash-Out Distribution under subsection (2) above). No amount will be restored under the Plan, however, until such time as the Participant repays the entire amount
of the Cash-Out Distribution. (However, see subsection (d) below for a discussion of special rules that apply if a Participant’s Cash-Out Distribution includes a distribution of Salary Deferrals.) In no event will a Participant be entitled
to a restoration under this subsection (3) if the Participant returns to employment after incurring a Five-Year Forfeiture Break in Service (as defined in subsection (b) below). 

 

	 	(4)	Sources of restoration. If a Participant’s forfeited benefit is required to be restored under subsection (3), the restoration of such forfeited
benefits will occur from the following sources. If the following sources are not sufficient to completely restore the Participant’s benefit, the Employer must make an additional contribution to the Plan. 

 

	 	(i)	Any unallocated forfeitures for the Plan Year of the restoration. 

  

	 	(ii)	Any unallocated earnings for the Plan Year of the restoration. 

  

	 	(iii)	Any portion of a discretionary Employer Contribution to the extent such contribution has not been allocated to Participants’ Accounts for the Plan Year of the
restoration. 

  

			
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	 	(b)	Five-Year Forfeiture Break in Service. If a Participant has five (5) consecutive one-year Breaks in Service (a “Five-Year Forfeiture Break in
Service”), all Years of Service after such Breaks in Service will be disregarded for the purpose of vesting in the portion of the Participant’s Employer Contribution Account and/or Matching Contribution Account that accrued before such
Breaks in Service. A Participant who incurs a Five-Year Forfeiture Break in Service will forfeit the nonvested portion of his/her Employer Contribution and/or Matching Contribution Account as of the end of the Vesting Computation Period in which the
Participant incurs the fifth consecutive Break in Service. Except as provided under Section 7.07, a Participant who is rehired after incurring a Five-Year Forfeiture Break in Service will be credited with both pre-break and post-break service
for purposes of determining his/her vested percentage in amounts that accrue under the Plan after the Five Year Forfeiture Break in Service. 

  

	 	(c)	Missing Participant or Beneficiary. If the Plan is able to make a distribution to a Participant or Beneficiary without consent (as permitted under
Section 8.04) and such Participant or Beneficiary cannot be located within a reasonable period following a reasonable diligent search, the Plan Administrator may forfeit the missing Participant’s or Beneficiary’s Account, as provided
in subsection (2) below. An Employer will be deemed to have performed a reasonable diligent search if it performs the actions described in subsection (1) below. In determining whether a reasonable period has elapsed following a reasonable
diligent search, the Plan Administrator may follow any applicable guidance provided under statute, regulation, or other IRS or DOL guidance of general applicability. However, the Plan Administrator will be deemed to have waited a reasonable period
following a reasonable diligent search if the Plan Administrator waits at least 6 months following the completion of the actions described in subsection (1) below. For purposes of applying this subsection (c), a Participant or Beneficiary is
considered missing only if the Plan may make a distribution to such Participant or Beneficiary without consent. (See Section 14.03(b)(4) for rules that apply for missing Participants or Beneficiaries upon Plan termination. Also see
Section 8.06 for the availability of Automatic Rollover rules that permit the Plan Administrator to automatically rollover a Participant’s Involuntary Cash-Out Distribution to an IRA upon the Participant’s failure to consent to a
distribution, without the need to locate the Participant.) 

  

	 	(1)	Reasonable diligent search. The Plan Administrator will be deemed to have performed a reasonable diligent search if it performs the following actions:

  

	 	(i)	Send a certified letter to the Participant’s or Beneficiary’s last known address. 

 

	 	(ii)	Check related plan records of the Employer (e.g., health plan records) to determine if a more current address exists for the Participant or Beneficiary.

  

	 	(iii)	If the Participant cannot be located, the Plan Administrator may attempt to identify and contact any individual that the Participant has designated as a
Beneficiary under the Plan for updated information concerning the location of the missing Participant. 

  

	 	(iv)	Utilize either the IRS or Social Security Administration (SSA) letter-forwarding services for locating lost participants. (See Rev. Proc. 94-22 for additional
information regarding the IRS letter forwarding program. Additional information regarding the SSA letter forwarding program can be located at www.ssa.gov.) 

 

	 	(v)	In addition to the search methods discussed above, the Plan Administrator may use other search methods, including the use of Internet search tools, commercial
locator services, and credit reporting agencies to locate the missing Participant. 

  

	 	(2)	Forfeiture of Account of missing Participant or Beneficiary. If a Participant or Beneficiary is deemed to be missing (as described in subsection
(c) above), the Plan Administrator may forfeit the distributable amount attributable to such missing Participant or Beneficiary, as permitted under applicable laws and regulations. If, after an amount is forfeited under this subsection (2), the
missing Participant or Beneficiary is located, the Plan will restore the forfeited amount (unadjusted for gains or losses) to such Participant or Beneficiary within a reasonable time in accordance with the provisions of subsection (a)(3) above.
However, if a missing Participant or Beneficiary has not been located by the time the Plan terminates, the forfeiture of such Participant’s or Beneficiary’s distributable amount will be irrevocable. 

 

	 	(3)	Expenses attributable to search for missing Participant. Reasonable expenses attendant to locating a missing Participant may be charged to such
Participant’s Account, provided that the amount of such expenses is reasonable. The Plan Administrator may take into account the size of a Participant’s Account in relation to the cost of the search when deciding how extensive a search is
required before declaring such Participant as missing under subsection (c). 

  

			
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	 	(d)	Excess Deferrals, Excess Contributions, and Excess Aggregate Contributions. If a Participant receives a distribution of Excess Deferrals, Excess
Contributions, or Excess Aggregate Contributions, the Employer will forfeit the portion of his/her Matching Contribution Account (whether vested or not) which is attributable to such distributed amounts (except to the extent such amount has been
distributed as Excess Contributions or Excess Aggregate Contributions, pursuant to Section 6.01(b)(2) or 6.02(b)(2)). A forfeiture of Matching Contributions under this subsection (e) occurs in the Plan Year in which the Participant
receives the distribution of Excess Deferrals, Excess Contributions, and/or Excess Aggregate Contributions. 

  

	7.11	Allocation of Forfeitures. The Employer may elect in AA §8-8 how it wishes to allocate forfeitures under the Plan. Forfeitures may be used in the
Plan Year in which the forfeitures occur or in the Plan Year following the Plan Year in which the forfeitures occur. In applying the forfeiture provisions under the Plan, if there are any unused forfeitures as of the end of the Plan Year designated
in AA §8-8(c) or (d), as applicable, any remaining forfeiture will be used (as designated in AA §8-8) in the immediately following Plan Year. 

  

	 	(a)	Reallocation as additional contributions under Profit Sharing and Profit Sharing/401(k) Plan Adoption Agreements. The Employer may elect in AA §8-8
to reallocate forfeitures as additional contributions under the Plan. If the Employer elects under the Profit Sharing/401(k) Plan Adoption Agreement to reallocate forfeitures as additional contributions, the Employer may elect, in its discretion, to
allocate such amounts as additional Employer Contributions and/or additional Matching Contributions. Forfeitures allocated under this subsection (a) will be allocated in the same manner as selected under AA §6-3 or AA §6B-2 with
respect to the contribution type being allocated. In applying the provisions of this subsection (a), no allocation of forfeitures will be made to any Participant with respect to forfeitures that arise out of his/her own Account.

  

	 	(b)	Reallocation as additional Employer Contributions under Money Purchase Plan Adoption Agreement. The Employer may elect in AA §8-8 to reallocate
forfeitures as additional Employer Contributions under the Plan. If the Employer elects under the Money Purchase Plan Adoption Agreement to reallocate forfeitures as additional Employer Contributions, such amounts will be allocated in the ratio that
the Plan Compensation of each Participant bears to the Plan Compensation of all Participants. In applying the provisions of this subsection (b), no allocation of forfeitures will be made to any Participant with respect to forfeitures that arise out
of his/her own Account. 

  

	 	(c)	Reduction of contributions. The Employer may elect in AA §8-8 to use forfeitures to reduce Employer Contributions and/or Matching Contributions under
the Plan. If the Employer elects under the Profit Sharing/401(k) Plan Adoption Agreement to use forfeitures to reduce contributions, the Employer may, in its discretion, use such forfeitures to reduce Employer Contributions, Matching Contributions,
or both. The Employer may adjust its contribution deposits in any manner, provided the total Employer Contributions made for the Plan Year properly take into account the forfeitures that are to be used to reduce such contributions for that Plan
Year. For example, if the Plan is a Safe Harbor 401(k) Plan, the Employer may designate that forfeitures are first used to reduce the Safe Harbor Employer Contribution or Safe Harbor Matching Contribution under the Plan. (See Section 6.04(i).)
If contributions are allocated over multiple allocation periods, the Employer may reduce its contribution for any allocation periods within the Plan Year in which the forfeitures are to be allocated so that the total amount allocated for the Plan
Year is proper. 

  

	 	(d)	Payment of Plan expenses. The Employer may elect under AA §8-8 to first use forfeitures to pay Plan expenses for the Plan Year in which the
forfeitures would otherwise be applied. If any forfeitures remain after the payment of Plan expenses under this subsection, the remaining forfeitures will be allocated as selected under AA §8-8. This subsection (d) only applies to the
extent Plan expenses are paid by the Plan. Nothing herein affects the ability of the Employer to pay Plan expenses, as authorized under Section 11.05(a). 

 

	 	(e)	Forfeiture rules for prior contribution types. If the Plan holds Employer Contributions and/or Matching Contributions that are subject to a vesting
schedule but the Plan no longer provides for such contributions, any forfeitures related to such prior contributions may be reallocated as an additional Employer Contribution (in accordance with the formula selected under AA §6-2) or as an
additional Matching Contribution (in accordance with the formula selected under AA §6B-2), or may be used to reduce any fixed Employer Contribution or Matching Contribution, consistent with the provisions of subsection (c) above. If the
Plan does not provide for either Employer Contributions or Matching Contributions, the Employer may reallocate forfeitures of prior contributions as an Employer Contribution (using the pro rata allocation formula under AA §6-3(a)) or as a
discretionary Matching Contribution under AA §6B-2(a). 

  

			
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 SECTION 8 
 PLAN DISTRIBUTIONS 
 Subject to the Qualified Joint and Survivor Annuity Requirements under
Section 9, a Participant may receive a distribution of his/her vested Account Balance at the time and in the manner provided under this Section 8. Upon reaching the Required Beginning Date (defined in Section 8.12(d)(5)), a
Participant must begin receiving distributions under the Plan (in accordance with the provisions of Section 8.12.) 
  

	8.01	Deferred distributions. A Participant must be permitted to receive a distribution from the Plan no later than the 60th day after the latest of the close
of the Plan Year in which: 

  

	 	(a)	the Participant attains age 65 (or Normal Retirement Age, if earlier); 

 

	 	(b)	occurs the 10th anniversary of the year in which the Participant commenced participation in the Plan; or 

 

	 	(c)	the Participant terminates service with the Employer. 

 A failure by the Participant (and spouse, if applicable) to consent to a distribution while a benefit is immediately distributable shall be deemed to be an election to defer commencement of payment of any
benefit sufficient to satisfy this section. For this purpose, an Account Balance is immediately distributable if any part of the Account Balance could be distributed to the Participant (or surviving spouse) before the Participant attains or would
have attained if not deceased) the later of Normal Retirement Age or age 62. 
  

	8.02	Available Forms of Distribution. Subject to the Qualified Joint and Survivor Annuity (QJSA) rules described in Section 9, the Employer may elect
under AA §9-1 the forms of distribution that are available to a Participant or Beneficiary under the Plan. Different distribution options may apply depending on whether a distribution is made upon termination of employment, death, disability or
as an in-service withdrawal. Available distribution options under AA §9-1 may include a lump sum of all or a portion of the Participant’s vested Account Balance, installments, annuity payments, or any other form designated in AA §9-1.
Any distribution options selected under the Plan must comply with the required minimum distribution rules under Section 8.12. 

 If the Plan provides for installment payments as an optional form of distribution, such payments may be made in monthly, quarterly, semi-annual, or annual payments over a period not exceeding the life
expectancy of the Participant and his/her designated Beneficiary. The Plan Administrator may permit a Participant or Beneficiary to accelerate the payment of all, or any portion, of an installment distribution. If the Plan provides for annuity
payments, the Plan must purchase an annuity that provides for payments over a period that does not extend beyond either the life of the Participant (or the lives of the Participant and his/her designated Beneficiary) or the life expectancy of the
Participant (or the life expectancy of the Participant and his/her designated Beneficiary). (The availability of installments and or annuity payments may be restricted under AA §9-1(c).) 

Regardless of the distribution options selected under AA §9-1, if the Plan is subject to the Joint and Survivor Annuity requirements
(as described in Section 9), the Plan must make distribution in the form of a QJSA (as defined in Section 9.02(a)) unless the Participant (and spouse, if the Participant is married) elects an alternative distribution form in accordance
with a Qualified Election (as defined in Section 9.04). 
  

	8.03	Amount Eligible for Distribution. For purposes of determining the amount a Participant or Beneficiary may receive as a distribution from the Plan, a
Participant’s Account Balance is determined as of the Valuation Date (as specified in AA §11-1) immediately preceding the date the Participant or Beneficiary receives his/her distribution from the Plan. For this purpose, the Account
Balance must be increased for any contributions allocated to the Participant’s Account since the most recent Valuation Date and must be reduced for any distributions made from the Participant’s Account since the most recent Valuation Date.
A Participant or Beneficiary does not share in any allocation of gains or losses attributable to the period between the most recent Valuation Date and the date of the distribution, unless provided otherwise under uniform funding and valuation
procedures established by the Plan Administrator. See Section 10.03. 

  

	8.04	Participant Consent. If the value of a Participant’s entire vested Account Balance exceeds the Involuntary Cash-Out threshold (as defined in
subsection (a) below), the Participant must consent to any distribution of such Account Balance prior to his/her Required Beginning Date (as defined in Section 8.12(d)(5)) or, if so provided in AA §9-5(d), as of the date the
Participant attains (or would have attained if not deceased) the later of Normal Retirement Age or age 62. If a distribution is subject to Participant consent, the Participant must consent in writing to the distribution within the 90-day period
ending on the Annuity Starting Date (as defined in Section 1.11). If the distribution is subject to the Qualified Joint and Survivor Annuity requirements under Section 9, the Participant’s spouse (if the Participant is married at the
time of the distribution) also must consent to the distribution in accordance with Section 9.04. 

  

	 	(a)	 Involuntary Cash-Out threshold. For purposes of determining whether a distribution is subject to the Participant consent requirements as
described in Section 8.04, the Involuntary Cash-Out threshold is $5,000 unless a lesser amount 

  

			
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is designated under AA §9-5(a). (See Section 8.06 for a discussion of the Automatic Rollover rules that apply if a Participant does not consent to a distribution that does not exceed
the Involuntary Cash-Out threshold.) 

  

	 	(b)	Rollovers disregarded in determining value of Account Balance for Involuntary Cash-Outs. For purposes of determining whether a Participant’s vested
Account Balance exceeds the Involuntary Cash-Out threshold described in subsection (a), then effective for distributions made after December 31, 2001, the value of the Participant’s vested Account Balance shall be determined without regard
to that portion of the Account Balance that is attributable to Rollover Contributions (and earnings allocable thereto) within the meaning of Code §§402(c), 403(a)(4), 403(b)(8), 408(d)(3)(A)(ii), and 457(e)(16). The Employer may elect in
AA §9-5(c) to include Rollover Contributions (and earnings allocable thereto) in determining whether the Participant’s vested Account Balance exceeds the Involuntary Cash-Out threshold. 

 

	 	(c)	Participant notice. Prior to receiving a distribution from the Plan, a Participant must be notified of his/her right to defer any distribution from the
Plan in accordance with the provisions under Section 8.01. The notification shall include a general description of the material features and the relative values of the optional forms of benefit available under the Plan (consistent with the
requirements under Code §417(a)(3)). The notice must be provided no less than 30 days and no more than 90 days prior to the Participant’s Annuity Starting Date. However, distribution may commence less than 30 days after the notice is
given, if the Participant is clearly informed of his/her right to take 30 days after receiving the notice to decide whether or not to elect a distribution (and, if applicable, a particular distribution option), and the Participant, after receiving
the notice, affirmatively elects to receive the distribution prior to the expiration of the 30-day minimum period. (But see Section 9.02(b) for the rules regarding the timing of distributions when the Qualified Joint and Survivor Annuity
requirements apply.) The notice requirements described in this paragraph may be satisfied by providing a summary of the required information, so long as the conditions described in applicable regulations for the provision of such a summary are
satisfied, and the full notice is also provided (without regard to the 90-day period described in this subsection). 

  

	 	(d)	Special rules. The consent rules under this Section 8.04 apply to distributions made after the Participant’s termination of employment and to
distributions made prior to the Participant’s termination of employment. However, the consent of the Participant (and the Participant’s spouse, if applicable) shall not be required to the extent that a distribution is required to satisfy
the required minimum distribution rules under Section 8.12 or to satisfy the requirements of Code §415, as described in Section 5.03. A Participant also will not be required to consent to a corrective distribution of Excess Deferrals,
Excess Contributions or Excess Aggregate Contributions. 

  

	8.05	Direct Rollovers. This Section 8.05 applies to distributions made after December 31, 2001. Notwithstanding any provision in the Plan to the
contrary, a Participant may elect, at the time and the manner prescribed by the Plan Administrator, to have all or any portion of an Eligible Rollover Distribution paid directly to an Eligible Retirement Plan in a Direct Rollover. If an Eligible
Rollover Distribution is less than $500, the Participant may not elect a Direct Rollover of only a portion of such distribution (i.e., a Participant must elect a complete Direct Rollover if the Eligible Rollover Distribution is less than $500). For
purposes of this Section 8.05, a Participant includes a Participant or former Participant. In addition, this Section applies to any distribution from the Plan made to a Participant’s surviving spouse or to a Participant’s spouse or
former spouse who is the Alternate Payee under a QDRO, as defined in Section 11.06(b)(3). 

  

	 	(a)	Definitions. 

  

	 	(1)	Eligible Rollover Distribution. An Eligible Rollover Distribution is any distribution of all or any portion of a Participant’s Account Balance,
except 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 Participant or the joint lives (or joint life expectancies) of the Participant and the Participant’s Beneficiary, or for a specified period of ten years or more; 

 

	 	(ii)	any distribution to the extent such distribution is a required minimum distribution under Code §401(a)(9), as described under Section 8.12;

  

	 	(iii)	any Hardship distribution, as described in Section 8.10(d); 

  

	 	(iv)	the portion of any distribution that is not includible in gross income (determined without regard to the exclusion for net unrealized appreciation with respect
to Employer securities); 

  

	 	(v)	any distribution if it is reasonably expected (at the time of the distribution) that the total amount the Participant will receive as a distribution during the
calendar year will total less than $200; 

  

			
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	 	(vi)	a distribution made to satisfy the requirements of Code §415 (as described in Section 5.03) or a distribution to correct Excess Deferrals, Excess
Contributions or Excess Aggregate Contributions (as described in Sections 5.02(b), 6.01(b)(2), and 6.02(b)(2)). 

  

	 	(2)	Eligible Retirement Plan. For purposes of applying the Direct Rollover provisions under this Section 8.05, an Eligible Retirement Plan is:

  

	 	(i)	a qualified plan described in Code §401(a); 

  

	 	(ii)	an individual retirement account described in Code §408(a); 

  

	 	(iii)	an individual retirement annuity described in Code §408(b);  

 

	 	(iv)	an annuity plan described in Code §403(a);  

  

	 	(v)	an annuity contract described in Code §403(b); or 

  

	 	(vi)	an eligible plan under Code §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 

 The definition of Eligible Retirement Plan also applies in the case of a distribution to a surviving spouse, or to a spouse or former spouse who is the Alternate Payee under a QDRO, as defined in
Section 11.06(b)(3). 
 To the extent any portion of an Eligible Rollover Distribution is attributable to Roth Deferrals
(as defined in Section 3.03(e)), an Eligible Retirement Plan with respect to such portion of the distribution shall include only another designated Roth account of the Participant or a Roth IRA. To the extent any portion of an Eligible Rollover
Distribution is attributable to After-Tax Contributions, an Eligible Retirement Plan with respect to such portion of the distribution shall include only an individual retirement account or annuity described in Code §408(a) or (b) or a
qualified Defined Contribution Plan described in Code §401(a) or §403(a) 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 includible in gross income. 
  

	 	(3)	Direct Rollover. A Direct Rollover is a payment made directly from the Plan to the Eligible Retirement Plan specified by the Participant. The Plan
Administrator may develop reasonable procedures for accommodating Direct Rollover requests. 

  

	 	(b)	Direct Rollover notice. A Participant entitled to an Eligible Rollover Distribution must receive a written explanation of his/her right to a Direct
Rollover, the tax consequences of not making a Direct Rollover, and, if applicable, any available special income tax elections. The notice must be provided within the same 30 – 90 day timeframe applicable to the Participant consent notice under
Section 8.04(c). The Direct Rollover notice must be provided to all Participants, unless the total amount the Participant will receive as a distribution during the calendar year is expected to be less than $200. 

If a Participant terminates employment with a total vested Account Balance that does not exceed the Involuntary Cash-Out threshold (as
defined in Section 8.04(a)) and the Participant does not respond to the Direct Rollover notice indicating whether a Direct Rollover is desired and the name of the Eligible Retirement Plan to which the Direct Rollover is to be made, the Plan
Administrator will distribute the Participant’s entire vested Account Balance in the form of an Automatic Rollover (pursuant to Section 8.06) no earlier than 30 days and no later than 90 days following the provision of the Direct Rollover
notice. (However, see Section 8.06(b) for special rules that apply to Involuntary Cash-Out Distributions below $1,000.) The Direct Rollover notice must describe the procedures for making an Automatic Rollover, including the name, address, and
telephone number of the IRA trustee and information regarding IRA maintenance and withdrawal fees and how the IRA funds will be invested. The Direct Rollover notice also must describe the timing of the Automatic Rollover and the Participant’s
ability to affirmatively opt out of the Automatic Rollover. 
  

	8.06	Automatic Rollover. The Automatic Rollover rules in this Section 8.06 are effective for all Involuntary Cash-Out Distributions (as defined in
subsection (b)) made on or after March 28, 2005. See Section 14.03(b)(4) for special rules that apply upon termination of the Plan. 

  

	 	(a)	 Automatic Rollover requirements. If a Participant is entitled to an Involuntary Cash-Out Distribution (as defined in subsection (b)), and
the Participant does not elect to receive a distribution of such amount (either as a Direct Rollover 

  

			
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to an Eligible Retirement Plan or as a direct distribution to the Participant), then the Plan Administrator may pay the distribution in a Direct Rollover to an individual retirement plan (IRA)
designated by the Plan Administrator. (The Automatic Rollover provisions under this subsection (a) apply to any Involuntary Cash-Out Distribution for which the Participant fails to consent to a distribution, without regard to whether the
Participant can be located. See Section 7.10(c) for alternatives if the Participant cannot be located after a reasonable diligent search.) 

  

	 	(b)	Involuntary Cash-Out Distribution. An Involuntary Cash-Out Distribution is any distribution that is made from the Plan without the Participant’s
consent. Unless elected otherwise under AA §9-5(b), an Involuntary Cash-Out Distribution, for purposes of applying the Automatic Rollover requirements under this Section 8.06, does not include any amounts below $1,000. (See
Section 8.04 for the Participant consent requirements with respect to distributions under the Plan.) 

  

	 	(c)	Treatment of Rollover Contributions. Unless elected otherwise under AA §9-5(c), for purposes of determining whether a mandatory distribution is
greater than $1,000, the portion of the Participant’s distribution attributable to any Rollover Contribution is excluded. 

  

	8.07	Distribution Upon Termination of Employment. Subject to the required minimum distribution provisions under Section 8.12, a Participant who terminates
employment for any reason (other than death) is entitled to receive a distribution of his/her vested Account Balance in accordance with this Section 8.07. (See Section 8.08 for the applicable rules when a Participant dies before
distribution of his/her vested Account Balance is completed.) 

  

	 	(a)	Account Balance not exceeding $5,000. If a Participant’s vested Account Balance does not exceed $5,000 at the time of distribution, the only
distribution option available under the Plan is a lump sum option. The Participant will be eligible to receive a distribution of his/her vested Account Balance as of the date selected in AA §9-3(b). (The Employer may elect in AA §9-5(a) to
require a Participant to consent to a distribution where his/her vested Account Balance does not exceed $5,000. However this will not change the distribution options described in this subsection (a), unless the Employer specifically modifies such
options under AA §9-3(b)(4). See Section 8.04 for a further discussion of the consent requirements under the Plan.) 

  

	 	(b)	Account Balance exceeding $5,000. If a Participant’s vested Account Balance exceeds $5,000 at the time of distribution, the Participant may elect to
receive a distribution of his/her vested Account Balance in any form permitted under AA §9-1. The Participant will be eligible to receive a distribution of his/her vested Account Balance as of the date selected in AA §9-3. (See
Section 8.04 for a discussion of the consent requirements under the Plan.) 

  

	8.08	Distribution Upon Death. Subject to the required minimum distribution rules in Section 8.12, a Participant’s vested Account Balance will be
distributed to the Participant’s Beneficiary(ies) in accordance with this Section 8.08. (See subsection (c) for rules regarding the determination of Beneficiaries upon the death of the Participant.) The form of benefit payable with
respect to a deceased Participant will depend on whether the Participant dies before or after distribution of his/her Account Balance has commenced. 

  

	 	(a)	Death after commencement of benefits. If a Participant begins receiving a distribution of his/her benefits under the Plan, and subsequently dies prior to
receiving the full value of his/her vested Account Balance, the remaining benefit will continue to be paid to the Participant’s Beneficiary(ies) in accordance with the form of payment that has already commenced. If a Participant commences
distribution prior to death only with respect to a portion of his/her Account Balance, then the rules in subsection (b) apply to the rest of the Account Balance. 

 

	 	(b)	Death before commencement of benefits. If a Participant dies before commencing distribution of his/her benefits under the Plan, the form and timing of any
death benefits will depend on whether the value of the death benefit exceeds $5,000. In determining whether the value of the death benefit exceeds $5,000, if there is both a QPSA death benefit and a non-QPSA death benefit, each death benefit is
valued separately to determine whether it exceeds $5,000. 

  

	 	(1)	Death benefit not exceeding $5,000. If the value of the death benefit does not exceed $5,000, such benefit will be paid to the Participant’s
Beneficiary(ies) in a single sum as soon as administratively feasible following the Participant’s death. 

  

	 	(2)	Death benefit exceeding $5,000. If the value of the death benefit exceeds $5,000, the payment of the death benefit will depend on whether the Qualified
Joint and Survivor Annuity requirements apply. See Section 9 to determine whether the Qualified Joint and Survivor Annuity rules apply to a death distribution from the Plan. 

 

	 	(i)	If the Qualified Joint and Survivor Annuity requirements do not apply, the entire death benefit is payable in the form and at the time described in
subsection (ii)(B). 

  

			
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	 	(ii)	If the Qualified Joint and Survivor Annuity requirements apply, the death benefit may consist of a QPSA death benefit (as described in
Section 9.03(a)) and, if applicable, a non-QPSA death benefit. 

  

	 	(A)	QPSA death benefit. Subject to the waiver procedures under Section 9.04(b), if the Participant is married at the time of death, the surviving spouse
is entitled to a QPSA death benefit payable in accordance with the provisions under Section 9.03. (See Section 9.04(c) for rules regarding the determination of a Participant’s marital status.) 

 

	 	(B)	Non-QPSA death benefits. If a Participant is not married at the time of death, the QPSA death benefit was waived under a Qualified Election, or if the
QPSA death benefit is less than 100% of the Participant’s vested Account Balance, then the non-QPSA death benefit is payable in the form and at the time described in this subsection (B). Any death benefit payable under this subsection
(B) will be paid in a lump sum as soon as administratively feasible following the Participant’s death. However, the death benefit may be payable in a different form if prescribed by the Participant’s Beneficiary designation, or the
Beneficiary, before a lump sum payment of the benefit is made, elects to receive the distribution in an alternative form of benefit permitted under Section 8.02. 

In no event will any death benefit be paid in a manner that is inconsistent with the required minimum distribution rules under
Section 8.12. The Beneficiary of any pre-retirement death benefit described in this subsection (b) may postpone the commencement of the death benefit to a date that is not later than the latest commencement date permitted under
Section 8.12. 
  

	 	(c)	Determining a Participant’s Beneficiary. The determination of a Participant’s Beneficiary(ies) to receive any death benefits under the Plan will
be based on the Participant’s Beneficiary designation under the Plan. If a Participant does not designate a Beneficiary to receive the death benefits under the Plan, distribution will be made to the default Beneficiaries, as set forth in
subsection (3) below. However, any designation of a Beneficiary other than the Participant’s spouse, must satisfy the consent requirements under subsection (1) and (2) below. 

 

	 	(1)	Post-retirement death benefit. If a Participant dies after commencing distribution of benefits under the Plan (but prior to receiving a distribution of
his/her entire vested Account Balance under the Plan), the Beneficiary of any post-retirement death benefit is the Participant’s surviving spouse, unless (i) there is no surviving spouse, (ii) the surviving spouse has consented to the
designation of an alternate Beneficiary(ies) under a Qualified Election (as defined in Section 9.04), or (iii) the surviving spouse makes a valid disclaimer of the death benefit. If the Qualified Joint and Survivor Annuity requirements
apply, the spouse is determined as of the Annuity Starting Date for purposes of determining whether a valid election has been made to waive the post-retirement death benefit. If the Qualified Joint and Survivor Annuity requirements do not apply, the
spouse is determined as of the Participant’s date of death for purposes of determining whether a valid election has been made to waive the post-retirement death benefit. 

 

	 	(2)	Pre-retirement death benefit. If a Participant dies before commencing distribution of his/her benefits under the Plan, the determination of the
Participant’s Beneficiary will be determined under subsection (i) or (ii), as applicable. 

  

	 	(i)	If the Qualified Joint and Survivor Annuity requirements apply, the QPSA death benefit will be payable in accordance with Section 9.02. If a QPSA
death benefit is payable under Section 9.02, such benefit will be paid to the Participant’s surviving spouse, unless the spouse consents to the designation of an alternative Beneficiary pursuant to a Qualified Election under
Section 9.04 or a valid disclaimer. If the QPSA death benefit applies to less than 100% of the Participant’s vested Account Balance, the remaining death benefit is payable to any Beneficiary(ies) named in the Participant’s Beneficiary
designation, without regard to whether spousal consent is obtained for such designation. If a spouse does not properly consent to a Beneficiary designation, the QPSA waiver is invalid, and the QPSA death benefit is still payable to the spouse, but
the Beneficiary designation remains valid with respect to any non-QPSA death benefit. 

  

	 	(ii)	If the Qualified Joint and Survivor Annuity requirements do not apply, the surviving spouse (determined at the time of the Participant’s death) will
be treated as the sole Beneficiary, regardless of any contrary Beneficiary designation, unless there is no surviving spouse, or the spouse has consented to the Beneficiary designation in a manner that is consistent with the requirements for a
Qualified Election under Section 9.04 or makes a valid disclaimer. (See Section 9.04(c) for rules regarding the determination of a Participant’s marital status.) 

  

			
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	 	(3)	Default beneficiaries. To the extent a Beneficiary has not been named by the Participant (subject to the spousal consent rules discussed above) and is not
designated under the terms of this Plan to receive all or any portion of the deceased Participant’s death benefit, such amount shall be distributed to the Participant’s surviving spouse (if the Participant was married at the time of
death). If the Participant does not have a surviving spouse at the time of death, distribution will be made to the Participant’s surviving children, in equal shares. If the Participant has no surviving children, distribution will be made to the
Participant’s estate. The Employer may modify the default beneficiary rules described in this subparagraph by attaching appropriate language as an addendum to the Adoption Agreement. 

 

	 	(4)	Identification of Beneficiaries. The Plan Administrator may request proof of the Participant’s death and may require the Beneficiary to provide
evidence of his/her right to receive a distribution from the Plan in any form or manner the Plan Administrator may deem appropriate. The Plan Administrator’s determination of the Participant’s death and of the right of a Beneficiary to
receive payment under the Plan shall be conclusive. If a distribution is to be made to a minor or incompetent Beneficiary, payments may be made to the person’s legal guardian, conservator recognized under state law, or custodian in accordance
with the Uniform Gifts to Minors Act or similar law as permitted under the laws of the state where the Beneficiary resides. The Plan Administrator or Trustee will not be liable for any payments made in accordance with this subsection (4) and
will not be required to make any inquiries with respect to the competence of any person entitled to benefits under the Plan. 

  

	 	(5)	Death of Beneficiary. Unless specified otherwise in the Participant’s Beneficiary designation form, if a Beneficiary does not predecease the
Participant but dies before distribution of the death benefit is made to the Beneficiary, the death benefit will be paid to the Beneficiary’s estate. 

  

	 	(6)	Divorce or legal separation from spouse. If a Participant designates his/her spouse as Beneficiary and subsequent to such Beneficiary designation, the
Participant and spouse are divorced or legally separated, the designation of the spouse as Beneficiary under the Plan is automatically rescinded unless specifically provided otherwise under a divorce decree or QDRO, or unless the Participant enters
into a new Beneficiary designation naming the prior spouse as Beneficiary. 

  

	8.09	Distribution to Disabled Employees. Unless elected otherwise under AA §9-4, no special distribution rules apply to Disabled Employees. However, the
Employer may elect in AA §9-4 to permit a distribution at an earlier date for Disabled Employees. 

  

	8.10	In-Service Distributions. The Employer may elect under AA §10 to permit in-service distributions under the Plan. If an in-service distribution is not
specifically permitted under AA §10, a Participant may not receive a distribution from the Plan until termination of employment, death or disability. If the Plan permits a Participant to receive an in-service distribution, and such distribution
is subject to the Qualified Joint and Survivor Annuity requirements under Section 9, such distribution may be made only if the Participant’s spouse (if the Participant is married at the time of distribution) consents to such distribution
in accordance with the requirements under Section 9.04. 

  

	 	(a)	After-Tax Contributions and Rollover Contributions. A Participant may withdraw at any time, upon written request, all or any portion of his/her Account
Balance attributable to After-Tax Contributions or Rollover Contributions. Any amounts transferred to the Plan pursuant to a Qualified Transfer (as defined in Section 14.05(d)) also may be withdrawn at any time pursuant to a written request. No
forfeiture will occur solely as a result of an Employer’s withdrawal of After-Tax Contributions. (See Section 14.05 for a discussion of the distribution rules applicable to transferred Plan assets.) 

 

	 	(b)	Employer Contributions. The Employer may elect under AA §10 the extent to which in-service distributions will be permitted from Employer
Contributions (including Matching Contributions, if applicable) under the Plan. (See subsection (c) below for the in-service distribution rules applicable to Salary Deferrals, QNECs, QMACs and Safe Harbor Contributions under the Profit
Sharing/401(k) Plan.) If permitted under AA §10 of the Profit Sharing or Profit Sharing/401(k) Plan Adoption Agreement, Employer Contributions may be withdrawn upon the occurrence of a specified event (including a Hardship, as defined in
subsection (d)) or upon the completion of a certain number of years, provided no distribution on account of years may be made with respect to Employer Contributions that have been accumulated in the Plan for less than 2 years, unless the Participant
has been a Participant in the Plan for at least 5 years. (See Section 7.09 for special vesting rules that apply if a Participant takes an in-service distribution prior to becoming 100% vested in such contributions.) 

 

	 	(c)	 Salary Deferrals, QNECs, QMACs, and Safe Harbor Contributions. If the Employer has adopted the Profit Sharing/401(k) Plan Adoption
Agreement, any Salary Deferrals, QNECs, QMACs, or Safe Harbor Contributions (including any earnings on such amounts) generally may not be distributed prior to the Participant’s severance from employment, death, or disability. However, the
Employer may elect under AA §10 to permit an in-service distribution of such amounts upon attainment of a specified age (no earlier than age
59 1/2) or upon a Hardship (as defined in

  

			
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 subsection (d)). A Hardship distribution is not available with respect to QNECs, QMACs,
or Safe Harbor Contributions. 
  

	 	(d)	Hardship distribution. The Employer may elect under AA §10 of the Profit Sharing or Profit Sharing/401(k) Plan Adoption Agreement to authorize an
in-service distribution upon the occurrence of a Hardship event. A Hardship distribution of Salary Deferrals must meet the requirements of a safe harbor Hardship as described under subsection (1) below. For other contribution types (except
QNECs, QMACs, and Safe Harbor Contributions), the Employer may elect to apply the safe harbor Hardship rules under subsection (1) or the non-safe harbor Hardship provisions under subsection (2) below. A Hardship distribution is not
available for QNECs, QMACs or Safe Harbor Contributions. 

  

	 	(1)	Safe harbor Hardship distribution. To qualify for a safe harbor Hardship, a Participant must demonstrate an immediate and heavy financial need, as
described in subsection (i), and the distribution must be necessary to satisfy such need, as described in subsection (ii). 

  

	 	(i)	Immediate and heavy financial need. To be considered an immediate and heavy financial need, the Hardship distribution must be made to satisfy one of the
following financial needs: 

  

	 	(A)	to pay expenses incurred or necessary for medical care (as described in Code §213(d)) of the Participant, the Participant’s spouse or dependents
(determined without regard to whether the expenses exceed 7.5% of adjusted gross income); 

  

	 	(B)	for the purchase (excluding mortgage payments) of a principal residence for the Participant; 

 

	 	(C)	for payment of tuition and related educational fees (including room and board) for the next 12 months of post-secondary education for the Participant, the
Participant’s spouse, children or dependents; 

  

	 	(D)	to prevent the eviction of the Participant from, or a foreclosure on the mortgage of, the Participant’s principal residence; 

 

	 	(E)	to pay funeral or burial expenses for the Participant’s deceased parent, spouse, child or dependent; 

 

	 	(F)	to pay expenses to repair damage to the Participant’s principal residence that would qualify for a casualty loss deduction under Code §165 (determined
without regard to whether the loss exceeds the 10% of adjusted gross income limit); or 

  

	 	(G)	for any other event that the IRS recognizes as a safe harbor Hardship distribution event under ruling, notice or other guidance of general applicability.

 The payment of funeral or burial expenses under subsection (E) and the payment of expenses to repair
damage to a principal residence under subsection (F) only apply to Plan Years beginning on or after January 1, 2006. For purposes of determining eligibility of a Hardship distribution under this subsection (i), a dependent is determined
under Code §152. However, for taxable years beginning on or after January 1, 2005, the determination of dependent for purposes of tuition and education fees under subsection (C) above will be made without regard to Code
§152(b)(1), (b)(2), and (d)(1)(B) and the determination of dependent for purposes of funeral or burial expenses under subsection (E) above will be made without regard to Code §152(d)(1)(B). 

A Participant must provide the Plan Administrator with a written request for a Hardship distribution. The Plan Administrator may require
written documentation, as it deems necessary, to sufficiently document the existence of a proper Hardship event. 
  

	 	(ii)	Distribution necessary to satisfy need. A distribution will be considered as necessary to satisfy an immediate and heavy financial need of the Participant
if: 

  

	 	(A)	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); 

  

	 	(B)	The Participant has obtained all available distributions, other than Hardship distributions, and all nontaxable loans under the Plan and all plans maintained by
the Employer; 

  

			
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	 	(C)	The Participant is suspended from making Salary Deferrals (and After-Tax Contributions) for 6 months (12 months, for Hardship distributions made before
January 1, 2002) after the receipt of the Hardship distribution; and 

  

	 	(D)	For Hardship distributions made before January 1, 2002, the Participant may not make Salary Deferrals for the taxable year immediately following the taxable
year of the Hardship distribution in excess of the Elective Deferral Dollar Limit reduced by the amount of such Participant’s Salary Deferrals for the taxable year of the Hardship distribution. 

 

	 	(2)	Non-safe harbor Hardship distribution. The Employer may elect in AA §10-1(d) of the Profit Sharing or Profit Sharing/401(k) Plan Adoption Agreement
to permit Participants to take a Hardship distribution of Employer Contributions without satisfying the requirements of subsection (1) above. For purposes of determining whether a Hardship exists under this subsection (2), the same Hardship
distribution events described in subsection (1)(i) will qualify as a Hardship distribution event under this subsection (2). The Employer may modify the permissible Hardship distribution events under AA §10-1(i) of the Profit Sharing or
Profit Sharing/401(k) Plan Adoption Agreement. A Hardship distribution under this subsection (2) need not satisfy the requirements under (1)(ii) above. A non-safe harbor Hardship distribution is not available for Salary Deferrals, QNECs,
QMACs, or Safe Harbor Contribution. 

  

	 	(3)	Amount available for Hardship distribution. A Participant may receive a Hardship distribution of any portion of his/her vested Employer Contribution
Account or Matching Contribution Account (including earnings thereon), as permitted under AA §10. A Participant may receive a Hardship distribution of Salary Deferrals provided such distribution, when added to other Hardship distributions from
Salary Deferrals, does not exceed the total Salary Deferrals the Participant has made to the Plan (increased by income allocable to such Salary Deferrals as of the later of December 31, 1988 or the end of the last Plan Year ending before
July 1, 1989). 

  

	8.11	Sources of Distribution. Unless provided otherwise in separate administrative provisions adopted by the Plan Administrator, in applying the distribution
provisions under this Section 8.11, distributions will be made on a pro rata basis from all Accounts from which a distribution is permitted under this Section 8. Alternatively, the Plan Administrator may permit Participants to direct the
Plan Administrator as to which Account the distribution is to be made. Regardless of a Participant’s direction as to the source of any distribution, the tax effect of such a distribution will be governed by Code §72 and the regulations
thereunder. 

  

	 	(a)	Exception for Hardship withdrawals. If the Plan permits a Hardship withdrawal from both Salary Deferrals (including Roth Deferrals) and Employer
Contributions, a Hardship distribution will first be treated as having been made from a Participant’s Employer Contribution Account and then from the Employer’s Matching Contribution Account, to the extent such Hardship distribution is
available with respect to such Accounts. Only when all available amounts have been exhausted under the Participant’s Employer Contribution Account and/or Matching Contribution Account will a Hardship distribution be made from a
Participant’s Pre-Tax Salary Deferral Account and/or Roth Deferral Account. (See subsection (b) below for the ordering rules for distributions from the Pre-Tax Salary Deferral and Roth Deferral Accounts.) The Plan Administrator may modify
the ordering rules under this subsection (a) under separate administrative procedures. 

  

	 	(b)	Roth Deferrals. If a Participant has both a Pre-Tax Salary Deferral Account and a Roth Deferral Account, withdrawals and loans from such Accounts will be
made in accordance with this subsection (b). 

  

	 	(1)	Distributions and withdrawals. Unless designated otherwise under AA §6A-5 or separate administrative procedures, if a Participant has both a Pre-Tax
Salary Deferral Account and a Roth Deferral Account, the Participant may designate the extent to which a distribution or withdrawal of Salary Deferrals will come from the Pre-Tax Salary Deferral Account or the Roth Deferral Account. Alternatively,
the Employer may provide under AA §6A-5 of the Profit Sharing/401(k) Plan Adoption Agreement (or under separate administrative procedures) that any distribution or withdrawal of Salary Deferrals will be made on a pro rata basis from the Pre-Tax
Salary Deferral Account and the Roth Deferral Account. Alternatively, the Employer may designate any other order of distribution and withdrawals under AA §6A-5 or separate administrative procedures. 

 

	 	(2)	Distribution of Excess Deferrals, Excess Contributions or Excess Aggregate Contributions. Unless designated otherwise under AA §6A-5 of the Profit
Sharing/401(k) Plan Adoption Agreement or separate administrative procedures, if a Participant has both a Pre-Tax Salary Deferral Account and a Roth Deferral Account, and the Plan is required to make a corrective distribution of Excess Deferrals or
Excess Contributions to such Participant (in accordance with Section 5.02(b) or Section 6.01(b)(2)) or is required to make a distribution of Salary Deferrals as a correction of Excess Aggregate Contributions (in accordance with
Section 6.02(b)(2)), the Participant may designate whether the Plan will make such corrective distribution of Excess Deferrals or Excess Contributions from the Pre-Tax Salary Deferral Account or the Roth Deferral Account. Alternatively, the
Employer may elect under AA §6A-5 of the Profit Sharing/401(k) Plan Adoption Agreement 

  

			
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 (or under separate administrative procedures) that corrective distributions of Salary
Deferrals to correct Excess Deferrals, Excess Contributions, or Excess Aggregate Contributions will be made pro rata from the Pre-Tax Salary Deferral Account and Roth Deferral Account or first from the Pre-Tax Salary Deferral Account or first from
the Roth Deferral Account. (Unless designated otherwise under separate administrative procedures, if a Participant is permitted to designate the extent to which a corrective distribution is made from the Pre-Tax Salary Deferral Account or the Roth
Deferral Account, and the Participant fails to designate the appropriate Account by the date the corrective distribution is made from the Plan, such corrective distribution will be made first from Pre-Tax Salary Deferral Account and then from the
Roth Deferral Account.) 
  

	 	(c)	In-kind distributions. Nothing in this Section 8 precludes the Plan Administrator from making a distribution in the form of property, or other
in-kind distribution. 

  

	8.12	Required Minimum Distributions. Unless specified otherwise under Appendix A of the Adoption Agreement, the provisions of this Section apply to calendar
years beginning after December 31, 2002. A Participant’s entire interest under the Plan will be distributed, or begin to be distributed, to the Participant no later than the Participant’s Required Beginning Date (as defined in Section
(d)(5)). All distributions required under this Section 8.12 will be determined and made in accordance with the regulations under Code §401(a)(9) and the minimum distribution incidental benefit requirement of Code §401(a)(9)(G). For
purposes of applying the required minimum distribution rules under this Section 8.12, any distribution made in a form other than a lump sum must be made over one of the following periods (or a combination thereof): (1) the life of the
Participant; (2) the life of the Participant and a Designated Beneficiary; (3) a period certain not extending beyond the life expectancy of the Participant; or (4) a period certain not extending beyond the joint and last survivor life
expectancy of the Participant and a Designated Beneficiary. 

  

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

  

	 	(1)	Surviving spouse is sole Designated Beneficiary. Unless designated otherwise under AA §10-4, If the Participant’s surviving spouse is the
Participant’s sole Designated Beneficiary, the surviving spouse may elect to take distributions under the five-year rule (as described in subsection (e)(1) below) or under the life expectancy method. If the life expectancy method applies,
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. 

  

	 	(2)	Surviving spouse is not the sole Designated Beneficiary. Unless designated otherwise under AA §10-4, if the Participant’s surviving spouse is
not the Participant’s sole Designated Beneficiary, the Designated Beneficiary may elect to take distributions under the five-year rule (as described in subsection (e)(1) below) or under the life expectancy method. If the life expectancy method
applies, 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. 

 

	 	(3)	No Designated Beneficiary. If there is no Designated Beneficiary as of the date of the Participant’s death who remains a Beneficiary as of
September 30 of the year immediately 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. 

  

	 	(4)	Death of surviving spouse. If the Participant’s surviving spouse is the Participant’s sole Designated Beneficiary and the surviving spouse dies
after the Participant but before distributions to the surviving spouse begin, this Section (a) (other than subsection (1)) will apply as if the surviving spouse were the Participant. 

For purposes of this subsection (a) and AA §10-4, unless subsection (4) applies, distributions are considered to begin on
the Participant’s Required Beginning Date. If subsection (4) applies, distributions are considered to begin on the date distributions are required to begin to the surviving spouse under subsection (1) 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 subsection (1)), the date distributions are considered to begin is the date distributions actually commence. 
  

	 	(b)	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: 

  

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

  

	 	(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 Treas. Reg. §1.401(a)(9)-9, Q&A-3, 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
section (b) 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. 

 

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

 

	 	(1)	Death on or after date required distributions begin. 

  

	 	(i)	Participant survived by Designated Beneficiary. If the Participant dies on or after the date required 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 in accordance with the Single Life Table found in Treas. Reg. §1.401(a)(9)-9, Q&A-1,
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 using the Single Life Table found in Treas. Reg. §1.401(a)(9)-9, Q&A-1, 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 under the Single Life Table using the age of the Designated 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 required distributions begin and there is no Designated Beneficiary as of the
Participant’s date of death who remains a 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 under the Single Life Table calculated using the age of the Participant in the year of
death, reduced by one for each subsequent year. 

  

	 	(2)	Death before date required distributions begin. 

  

	 	(i)	Participant survived by Designated Beneficiary. Unless designated otherwise under AA §10-4, if the Participant dies before the date required
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 subsection (1). 

  

	 	(ii)	No Designated Beneficiary. If the Participant dies before the date distributions begin and there is no Designated Beneficiary as of the date of death of
the Participant who remains a Designated Beneficiary as of September 30 of the year following the year of the Participant’s death, distribution of the 

  

			
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 Participant’s entire interest must 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 Section (a)(1), this subsection (2) will apply as
if the surviving spouse were the Participant. 

  

	 	(d)	Definitions. 

  

	 	(1)	Designated Beneficiary. A Beneficiary designated by the Participant (or the Plan), whose life expectancy may be taken into account to calculate minimum
distributions, pursuant to Code §401(a)(9) and Treas. Reg. §1.401(a)(9)-4. 

  

	 	(2)	Distribution Calendar Year. A calendar year for which a minimum distribution is required. For distributions beginning before the Participant’s death,
the first Distribution Calendar Year is the calendar year immediately preceding the calendar year 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 pursuant to Section (a). 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. 

  

	 	(3)	Life expectancy. For purposes of determining a Participant’s Required Minimum Distribution amount, life expectancy is computed using one of the
following tables, as appropriate: (1) Single Life Table, (2) Uniform Life Table, or (3) Joint and Last Survivor Table found in Treas. Reg. §1.401(a)(9)-9. 

 

	 	(4)	Account Balance. For purposes of determining a Participant’s Required Minimum Distribution, the Participant’s Account Balance is determined
based on the Account Balance as of the last Valuation Date in the calendar year immediately preceding the Distribution Calendar Year (the “valuation calendar year”) increased by the amount of any contributions or forfeitures allocated to
the Account Balance as of dates in the calendar year after the Valuation Date and decreased by distributions made in the calendar year after the Valuation Date. The Account Balance for the valuation calendar year includes any amounts rolled over or
transferred to the Plan either in the valuation calendar year or in the Distribution Calendar Year if distributed or transferred in the valuation calendar year. 

 

	 	(5)	Required Beginning Date. Unless designated otherwise under AA §10-3, a Participant’s Required Beginning Date under the Plan is:

  

	 	(i)	 For Five-Percent Owners. April 1 that follows the end of the calendar year in which the Participant attains age 70 1/2. 

 

	 	(ii)	For Participants other than Five-Percent Owners. April 1 that follows the end of the calendar year in which the later of the following two events
occurs: 

  

	 	(A)	 the Participant attains age 70 1/2 or 

  

	 	(B)	the Participant retires. 

If a Participant is not a Five-Percent Owner for the Plan Year that ends with or within the calendar year in which the Participant
attains age 70-1/2, and the Participant has not retired by the end of such calendar year, his/her Required Beginning Date is April 1 that follows the end of the first subsequent calendar year in which the Participant becomes a Five-Percent
Owner or retires. 
 A Participant may begin in-service distributions prior to his/her Required Beginning
Date only to the extent authorized under Section 8.10 and AA §10. However, if this Plan were amended to add the Required Beginning Date rules under this subsection (5), a Participant who attained age 70 1/2 prior to January 1, 1999 (or, if later, January 1
following the date the Plan is first amended to contain the Required Beginning Date rules under this subsection (5)) may receive in-service minimum distributions in accordance with the terms of the Plan in existence prior to such amendment.

  

			
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	 	(iii)	 Alternative Required Beginning Date for Participants other than Five-Percent Owners. The Employer may designate under AA §10-3 to
determine the Required Beginning Date for Participants other than Five-Percent Owners without regard to the rule in subsection (ii) above. If so designated under AA §10-3, the Required Beginning Date for all Participants under the Plan
will be April 1 of the calendar year following attainment of age 70 1/2. 

  

	 	(6)	 Five-Percent Owner. A Participant is a Five-Percent Owner for purposes of this Section if such Participant is a Five-Percent Owner (as
defined in Section 1.66(a)) at any time during the Plan Year ending with or within the calendar year in which the Participant attains age 70 1/2. Once distributions have begun to a Five-Percent Owner under this Section 8.12, they must continue to be distributed, even if the Participant ceases to
be a Five-Percent Owner in a subsequent year. 

  

	 	(e)	Special Rules. 

  

	 	(1)	Election to apply 5-year rule to required distributions after death. If the Participant dies before distributions begin and there is a Designated
Beneficiary, the Employer may elect under AA §10-4, instead of applying the provisions of subsections (a) and (c), to require the Participant’s entire interest to be distributed to the Designated Beneficiary by December 31 of the
calendar year containing the fifth anniversary of the Participant’s death. If the Participant’s surviving spouse is the Participant’s sole Designated Beneficiary and the surviving spouse dies after the Participant but before
distributions to either the Participant or the surviving spouse begin, this election will apply as if the surviving spouse were the Participant. 

  

	 	(2)	Election to allow Participants or Beneficiaries to elect 5-year rule. If a Participant or Designated Beneficiary is permitted under AA §10-4 to elect
whether to apply the life expectancy rule under subsection (a) above or the five year rule under subsection (1), the election must be made no later than the earlier of September 30 of the calendar year in which distribution would be
required to begin under subsection (a) or by September 30 of the calendar year which contains the fifth anniversary of the Participant’s (or, if applicable, surviving spouse’s) death. If neither the Participant nor Beneficiary
makes an election under this paragraph, distributions will be made in accordance with the five year rule under subsection (1) above. 

  

	 	(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 lump
sum on or before the Required Beginning Date, as of the first Distribution Calendar Year distributions will be made in accordance with Sections (a) and (c). 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 §401(a)(9) and the regulations. 

  

	 	(4)	Treatment of trust beneficiaries as Designated Beneficiaries. If a trust is properly named as a Beneficiary under the Plan, the beneficiaries of the trust
will be treated as the Designated Beneficiaries of the Participant solely for purposes of determining the distribution period under this 8.12 with respect to the trust’s interests in the Participant’s vested Account Balance. The
beneficiaries of a trust will be treated as Designated Beneficiaries for this purpose only if, during any period during which required minimum distributions are being determined by treating the beneficiaries of the trust as Designated Beneficiaries,
the following requirements are met: 

  

	 	(i)	the trust is a valid trust under state law, or would be but for the fact there is no corpus; 

 

	 	(ii)	the trust is irrevocable or will, by its terms, become irrevocable upon the death of the Participant; 

 

	 	(iii)	the beneficiaries of the trust who are beneficiaries with respect to the trust’s interests in the Participant’s vested Account Balance are identifiable
from the trust instrument; and 

  

	 	(iv)	the Plan Administrator receives the documentation described in subsection (5)(i) below. 

If the foregoing requirements are satisfied and the Plan Administrator receives such additional information as it may request, the Plan
Administrator may treat such beneficiaries of the trust as Designated Beneficiaries. 
  

	 	(5)	Special rules applicable to trust beneficiaries. 

  

	 	(i)	Information that must be supplied to Plan Administrator. 

  

	 	(A)	Required minimum distribution before death where spouse is sole beneficiary. If a Participant designates a trust as the beneficiary of his/her entire
benefit and the Participant’s spouse is the sole beneficiary of the trust, the Participant must provide the information under (I) or (II) below to satisfy the information requirements under (4)(iv) above. 

  

			
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	 	(I)	The Participant must provide to the Plan Administrator a copy of the trust instrument and agree that if the trust instrument is amended at any time in the
future, the Participant will, within a reasonable time, provide to the Plan Administrator a copy of each such amendment; or 

  

	 	(II)	The Participant must: 

  

	 	(a)	provide to the Plan Administrator a list of all of the beneficiaries of the trust (including contingent and remaindermen beneficiaries with a description of the
conditions on their entitlement sufficient to establish that the spouse is the sole beneficiary) for purposes of Code §401(a)(9); 

  

	 	(b)	certify that, to the best of the Participant’s knowledge, the list under subsection (a) is correct and complete and that the requirements of subsection
(4) above are satisfied; 

  

	 	(c)	agree that, if the trust instrument is amended at any time in the future, the Participant will, within a reasonable time, provide to the Plan Administrator
corrected certifications to the extent that the amendment changes any information previously certified; and 

  

	 	(d)	agree to provide a copy of the trust instrument to the Plan Administrator upon demand. 

 

	 	(B)	Required minimum distribution after death. In order to satisfy the documentation requirement of subsection (4)(iv) above for required minimum
distributions after the death of the Participant (or spouse in a case to which Treas. Reg. §.401(a)(9)-3, A-5 applies), the trustee of the trust must satisfy the requirements of (I) or (II) by October 31 of the calendar year
immediately following the calendar year in which the Participant died. 

  

	 	(I)	The trustee of the trust must: 

  

	 	(a)	provide the Plan Administrator with a final list of all beneficiaries of the trust (including contingent and remaindermen beneficiaries with a description of the
conditions on their entitlement) as of September 30 of the calendar year following the calendar year of the Participant’s death; 

  

	 	(b)	certify that, to the best of the trustee’s knowledge, the list in subsection (a) is correct and complete and that the requirements of subsection
(4) above are satisfied; 

  

	 	(c)	and agree to provide a copy of the trust instrument to the Plan Administrator upon demand. 

 

	 	(II)	The trustee of the trust must provide the Plan Administrator with a copy of the actual trust document for the trust that is named as a beneficiary of the
Participant under the Plan as of the Participant’s date of death. 

  

	 	(ii)	Relief for discrepancy. If required minimum distributions are determined based on the information provided to the Plan Administrator in certifications or
trust instruments described in subsection (i) above, the Plan will not fail to satisfy Code §401(a)(9) merely because the actual terms of the trust instrument are inconsistent with the information in those certifications or trust
instruments previously provided to the Plan Administrator, provided the Plan Administrator reasonably relied on the information provided and the required minimum distributions for calendar years after the calendar year in which the discrepancy is
discovered are determined based on the actual terms of the trust instrument. 

  

	 	(6)	Trust beneficiary qualifying for marital deduction. If a Beneficiary is a trust (other than an estate marital trust) that is intended to qualify for the
federal estate tax marital deduction under Code §2056 (“marital trust”), then: 

  

	 	(i)	in no event will the annual amount distributed from the Plan to the marital trust be less than the greater of: 

  

			
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	 	(A)	all fiduciary accounting income with respect to such Beneficiary’s interest in the Plan, as determined by the trustee of the marital trust, or

  

	 	(B)	the minimum distribution required under this Section 8.12; 

  

	 	(ii)	the trustee of the marital trust (or the trustee’s legal representative) shall be responsible for calculating the amount to be distributed under subsection
(i) above and shall instruct the Plan Administrator in writing to distribute such amount to the marital trust; 

  

	 	(iii)	the trustee of the marital trust may from time to time notify the Plan Administrator in writing to accelerate payment of all or any part of the portion of such
beneficiary’s interest that remains to be distributed, and may also notify the Plan Administrator to change the frequency of distributions (but not less often than annually); and 

 

	 	(iv)	the trustee of the marital trust shall be responsible for characterizing the amounts so distributed form the Plan as income or principle under applicable state
laws. 

  

	 	(f)	Transitional Rule. Notwithstanding the other requirements of this Section 8.12, and subject to the Joint and Survivor Annuity Requirements under
Section 9, distribution on behalf of any employee, including a Five-Percent Owner, may be made in accordance with all of the following requirements (regardless of when such distribution commences): 

 

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

  

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

  

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

 

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

 

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

A distribution upon death will not be covered by this transitional rule unless the information in the designation contains the required
information described above with respect to the distributions to be made upon the death of the Participant. 
 For any
distribution which commences before January 1, 1984, but continues after December 31, 1983, the Participant, or the Beneficiary, to whom such distribution is being made, will be presumed to have designated the method of distribution under
which the distribution is being made if the method of distribution was specified in writing and the distribution satisfies the requirements in subsections (1) and (5) above. 

If a designation is revoked any subsequent distribution must satisfy the requirements of Code §401(a)(9) and the proposed regulations
thereunder. If a designation is revoked subsequent to the date distributions are required to begin, the Plan must distribute by the end of the calendar year following the calendar year in which the revocation occurs the total amount not yet
distributed which would have been required to have been distributed to satisfy Code §401(a)(9) and the proposed regulations thereunder, but for the TEFRA §242(b)(2) election. For calendar years beginning after December 31, 1988, such
distributions must meet the minimum distribution incidental benefit requirements. Any changes in the designation will be considered to be a revocation of the designation. However, the mere substitution or addition of another Beneficiary (one not
named in the designation) under the designation will not be considered to be a revocation of the designation, so long as such substitution or addition does not alter the period over which distributions are to be made under the designation, directly
or indirectly (for example, by altering the relevant measuring life). In the case in which an amount is transferred or rolled over from one plan to another plan, the rules in Treas. Reg. §1.401(a)(9)-8, Q&A-14 and Q&A-15 shall apply.

  

	8.13	Correction of Qualification Defects. Nothing in this Section 8 precludes the Plan Administrator from making a distribution to a Participant to
correct a qualification defect consistent with the correction procedures under the IRS’ voluntary compliance programs. Thus, for example, if an Employee is permitted to enter the Plan prior to his/her proper Entry Date under
Section 2.03(b) and the Plan Administrator determines that a corrective distribution is a proper means of correcting the operational violation, nothing in this Section 8 would prevent the Plan from making such corrective distribution. Any
such distribution must be made in accordance with the correction procedures applicable under the IRS’ voluntary correction programs. 

  

			
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 SECTION 9 
 JOINT AND SURVIVOR ANNUITY REQUIREMENTS 
  

	9.01	Application of Joint and Survivor Annuity Rules. The Qualified Joint and Survivor Annuity rules under this Section 9 will apply to any Participant
who is credited with an Hour of Service with the Employer on or after August 23, 1984. (Also see Section 9.05 for special transitional rules that may apply.) The application of the Joint and Survivor Annuity rules will differ based on the
type of Plan involved. 

  

	 	(a)	Money Purchase Plan. If the Employer adopts the Money Purchase Plan Adoption Agreement, the Plan will be subject to the Joint and Survivor rules described
under this Section 9. 

  

	 	(b)	Profit Sharing or Profit Sharing/401(k) Plan. If the Employer adopts the Profit Sharing or Profit Sharing/401(k) Plan Adoption Agreement, the Employer may
elect under AA §9-2(a) to apply the Joint and Survivor Annuity requirements under this Section 9 to all Participants under the Plan. If the Employer does not elect under AA §9-2(a) to apply the Joint and Survivor Annuity requirements
to all Participants, such requirements will only apply to a distribution from the Plan if: 

  

	 	(1)	the distribution is actually made in the form of a life annuity; or 

 

	 	(2)	the distribution is made from benefits that were directly or indirectly transferred from a plan that was subject to the Joint and Survivor Annuity requirements
at the time of the transfer; or 

  

	 	(3)	the distribution is made from benefits that are used to offset the benefits under another plan of the Employer that is subject to the Joint and Survivor Annuity
requirements. 

  

	 	(c)	Exception to the Joint and Survivor Annuity Requirements. If, as of the Annuity Starting Date, the Participant’s vested Account Balance (for
pre-death distributions) or the value of the QPSA death benefit (for post-death distributions) does not exceed $5,000, the Participant or surviving spouse, as applicable, will receive a lump sum distribution pursuant to Section 8.07(a) or
Section 8.08(b)(1), in lieu of any QJSA or QPSA benefits. 

  

	 	(d)	Administrative procedures. The Plan Administrator may provide alternative procedures for applying the spousal consent requirements under this
Section 9 provided such procedures are consistent with the requirements under this Section 9. For example, the Plan Administrator may require under separate administrative procedures to require spousal consent to Participant distributions
or may in a separate loan procedure require spousal consent prior to granting a Participant loan, without subjecting the Plan to the Joint and Survivor Annuity requirements. 

 

	 	(e)	Accumulated deductible employee contributions. A distribution from or under a separate Account under a money purchase plan which is attributable solely to
accumulated deductible employee contributions, as defined in Code §72(o)(5)(B), is subject to the rules under subsection (b) above. 

  

	9.02	Pre-Death Distribution Requirements. If a pre-death distribution is subject to the Qualified Joint and Survivor Annuity requirements under this
Section 9, the distribution will be paid in the form of a Qualified Joint and Survivor Annuity, unless the Participant (and spouse, if the Participant is married) elects to receive the distribution in an alternative form. Any election of an
alternative form of distribution must be pursuant to a Qualified Election (as defined in Section 9.04). 

  

	 	(a)	Qualified Joint and Survivor Annuity (QJSA). A QJSA is an immediate annuity payable over the life of the Participant with a survivor annuity payable over
the life of the spouse equal to 50% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse. The Employer may elect under AA §9-2(a) to increase the percentage of the spouse’s survivor annuity
to 100%, 75% or 66-2/3% (instead of 50%). If the Participant is not married as of the Annuity Starting Date, the QJSA is an immediate annuity payable over the life of the Participant. 

 

	 	(b)	Notice requirements. The Plan Administrator shall provide each Participant with a written explanation of: (1) the terms and conditions of the QJSA;
(2) the Participant’s right to make and the effect of an election to waive the QJSA form of benefit; (3) the rights of the Participant’s spouse; and (4) the right to make, and the effect of, a revocation of a previous
election to waive the QJSA. The notice must be provided to each Participant under the Plan no less than 30 days and no more than 90 days prior to the Annuity Starting Date. 

The Annuity Starting Date for a distribution in a form other than a QJSA may be less than 30 days after receipt of the written explanation
described in the preceding paragraph provided: (1) the Participant has been provided with information that clearly indicates that the Participant has at least 30 days to consider whether to waive the QJSA and elect (with spousal consent) a form
of distribution other than a QJSA; (2) the Participant is permitted to revoke any affirmative distribution election at least until the Annuity Starting Date or, if later, at any time prior to the expiration of the 7-day period that begins the
day after the explanation of the QJSA is provided to the Participant; and (3) the Annuity 

  

			
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 Starting Date is after the date the written explanation was provided to the Participant.
For distributions on or after December 31, 1996, the Annuity Starting Date may be a date prior to the date the written explanation is provided to the Participant if the distribution does not commence until at least 30 days after such written
explanation is provided, subject to the waiver of the 30-day period described above. 
  

	 	(c)	Annuity Starting Date. The Annuity Starting Date is the date an Employee commences distributions from the Plan. If a Participant commences distribution
with respect to a portion of his/her Account Balance, a separate Annuity Starting Date applies to any subsequent distribution. If distribution is made in the form of an annuity, the Annuity Starting Date is the first day of the first period for
which annuity payments are made. 

  

	9.03	Distributions After Death. If the Joint and Survivor Annuity requirements apply with respect to a distribution on behalf of a married Participant who dies
before the Annuity Starting Date (as defined in Section 9.02(c) above), the surviving spouse of that Participant is entitled to receive such distribution in the form of a QPSA, unless the Participant and spouse have waived the QPSA pursuant to
a Qualified Election. Any portion of a Participant’s vested Account Balance that is not payable to the surviving spouse as a QPSA will be payable under the rules described in Section 8.08(b)(2)(ii)(B). 

 

	 	(a)	Qualified Preretirement Survivor Annuity (QPSA). A QPSA is an annuity payable over the life of the surviving spouse that is purchased using 50% of the
Participant’s vested Account Balance (that is subject to the Qualified Joint and Survivor Annuity requirements) as of the date of death. The Employer may elect under AA §9-2(a)(3) to increase the amount used to purchase the QPSA to 100%
(instead of 50%) of the Participant’s vested Account Balance. To the extent that less than 100% of the Participant’s vested Account Balance is paid to the surviving spouse, any After-Tax Contributions will be allocated to the surviving
spouse in the same proportion as the After-Tax Contributions bear to the total vested Account Balance of the Participant. If elected under AA §9-2(b), a surviving spouse will not be entitled to a QPSA if the Participant and surviving spouse
were not married throughout the one year period ending on the date of the Participant’s death. 

 If a
surviving spouse is entitled to a QPSA distribution, the surviving spouse may elect to receive such distribution at any time following the Participant’s death (subject to the required minimum distribution rules under Section 8.12) and may
elect to receive distribution in any form permitted under Section 8.01 of the Plan. A QPSA distribution will not commence to a surviving spouse without the consent of the surviving spouse prior to the date the Participant would have reached
Normal Retirement Age (or age 62, if later). If the QPSA death benefit has been waived, in accordance with the procedures in Section 9.04(b), then the portion of the Participant’s vested Account Balance that would have been payable as a
QPSA death benefit in the absence of such a waiver is treated as a non-QPSA death benefit payable under Section 8.08(b)(2)(ii)(B). 
 The QPSA death benefit may be payable to a non-spouse Beneficiary only if the spouse consents to the Beneficiary designation, pursuant to the Qualified Election requirements under Section 9.04, or
makes a valid disclaimer. The non-QPSA death benefit, if any, is payable to the person named in the Beneficiary designation, without regard to whether spousal consent is obtained for such designation. If a spouse does not properly consent to a
Beneficiary designation, the QPSA waiver is invalid, and the QPSA death benefit is still payable to the spouse, but the Beneficiary designation remains valid with respect to any non-QPSA death benefit. 

 

	 	(b)	Notice requirements. The Plan Administrator shall provide each Participant within the applicable period for such Participant a written explanation of the
QPSA in such terms and in such manner as would be comparable to the explanation provided for the QJSA in subsection (b) above. The applicable period for a Participant is whichever of the following periods ends last: (1) the period
beginning with the first day of the Plan Year in which the Participant attains age 32 and ending with the close of the Plan Year preceding the Plan Year in which the Participant attains age 35; (2) a reasonable period ending after the
individual becomes a Participant; or (3) a reasonable period ending after the joint and survivor annuity requirements first apply to the Participant. Notwithstanding the foregoing, notice must be provided within a reasonable period ending after
separation from service in the case of a Participant who separates from service before attaining age 35. 

 For
purposes of applying the preceding paragraph, a reasonable period ending after the enumerated events described in (2) and (3) is the end of the two-year period beginning one year prior to the date the applicable event occurs, and ending
one year after that date. In the case of a Participant who separates from service before the Plan Year in which age 35 is attained, notice shall be provided within the two-year period beginning one year prior to separation and ending one year after
separation. If such a Participant thereafter returns to employment with the employer, the applicable period for such Participant shall be redetermined. 
  

	9.04	Qualified Election. A Participant (and the Participant’s spouse) may waive the QJSA or QPSA pursuant to a Qualified Election. A Qualified Election is
a written election signed by both the Participant and the Participant’s spouse (if applicable) that specifically acknowledges the effect of the election. The spouse’s consent must be witnessed by a plan representative or notary public. Any
consent by a spouse under a Qualified Election (or a determination that the consent of a spouse is not 

  

			
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 required) shall be effective only with respect to such spouse. If the Qualified Election
permits the Participant to change a payment form or Beneficiary designation without any further consent by the spouse, the Qualified Election must acknowledge that the spouse has the right to limit consent to a specific Beneficiary, and a specific
form of benefit, as applicable, and that the spouse voluntarily elects to relinquish either or both of such rights. A Participant or spouse may revoke a prior waiver of the QPSA benefit at any time before the commencement of benefits. Spousal
consent is not required for a Participant to revoke a prior QPSA waiver. No consent obtained under this provision shall be valid unless the Participant has received notice as provided in Section 9.02(b) or Section 9.03(b), as applicable.

  

	 	(a)	QJSA. In the case of a waiver of the QJSA, the election must designate an alternative form of benefit payment that may not be changed without spousal
consent (unless the spouse enters into a general consent agreement expressly permitting the Participant to change the form of payment without any further spousal consent). Only the Participant needs consent to the commencement of a distribution in
the form of a QJSA. 

  

	 	(b)	QPSA. In the case of a waiver of the QPSA, the election must be made on a timely basis and the election must designate a specific alternate Beneficiary,
including any class of Beneficiaries or any contingent Beneficiaries, which may not be changed without spousal consent (unless the spouse enters into a general consent agreement expressly permitting the Participant to change the Beneficiary
designation without any further spousal consent). To be timely, a Participant (and the Participant’s spouse) may waive the QPSA at any time during the period beginning on the first day of the Plan Year in which the Participant attains age 35
and ending on the date of the Participant’s death. If a Participant separates from service prior to the first day of the Plan Year in which age 35 is attained, with respect to the Account Balance as of the date of separation, the election
period begins on the date of separation. A Participant who has not yet attained age 35 as of the end of a Plan Year may make a special Qualified Election to waive, with spousal consent, the QPSA for the period beginning on the date of such election
and ending on the first day of the Plan Year in which the Participant will attain age 35. Such election is not valid unless the Participant receives the proper notice required under Section 9.03(b). QPSA coverage is automatically reinstated as
of the first day of the Plan Year in which the Participant attains age 35. Any new waiver on or after such date must satisfy all the requirements for a Qualified Election. 

 

	 	(c)	Identification of surviving spouse. If it is established to the satisfaction of the Plan Administrator that there is no spouse or that the spouse cannot
be located, any waiver signed by the Participant is deemed to be a Qualified Election. 

  

	 	(1)	Definition of spouse. For this purpose, a Participant will be deemed to not have a spouse if the Participant is legally separated or has been abandoned
and the Participant has a court order to such effect. However, a former spouse of the Participant will be treated as the spouse or surviving spouse and any current spouse will not be treated as the spouse or surviving spouse to the extent provided
under a QDRO. 

  

	 	(2)	One-year marriage rule. The Employer may elect under AA §9-2, for purposes of applying the provisions of this Section 9, that an individual will
not be considered the surviving spouse of the Participant if the Participant and the surviving spouse have not been married for the entire one-year period ending on the date of the Participant’s death. 

 

	9.05	Transitional Rules. Any living Participant not receiving benefits on August 23, 1984, who would otherwise not receive the benefits prescribed under
this Section 9 must be given the opportunity to elect to have the preceding provisions of this Section 9 apply if such Participant is credited with at least one Hour of Service under this Plan or a predecessor plan in a Plan Year beginning
on or after January 1, 1976, and such Participant had at least 10 years of vesting service when he or she separated from service. The Participant must be given the opportunity to elect to have this Section 9 apply during the period
commencing on August 23, 1984, and ending on the date benefits would otherwise commence to such Participant. A Participant described in this paragraph who has not elected to have this Section 9 apply is subject to the rules in this
Section 9.05 instead. Also, a Participant who does not qualify to elect to have this Section 9 apply because such Participant does not have at least 10 Years of Service for vesting purposes is subject to the rules of this
Section 9.05. 

 Any living Participant not receiving benefits on August 23, 1984, who was credited with
at least one Hour of Service under this Plan or a predecessor plan on or after September 2, 1974, and who is not otherwise credited with any service in a Plan Year beginning on or after January 1, 1976, must be given the opportunity to
have his/her benefits paid in accordance with the following paragraph. The Participant must be given the opportunity to elect to have this Section 9.05 apply (other than the first paragraph of this Section) during the period commencing on
August 23, 1984, and ending on the date benefits would otherwise commence to such Participant. 
 If, under either of the
preceding two paragraphs, a Participant is subject to this Section 9.05, the following rules apply. 
  

	 	(a)	Automatic joint and survivor annuity. If benefits in the form of a life annuity become payable to a married Participant who: 

 

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

  

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

 

	 	(3)	begins to receive payments on or after the Qualified Early Retirement Age; or 

 

	 	(4)	separates from service on or after attaining Normal Retirement Age (or the Qualified Early Retirement Age) and after satisfying the eligibility requirements for
the payment of benefits under the plan and thereafter dies before beginning to receive such benefits; 

 then such
benefits will be received under this plan in the form of a QJSA, unless the Participant has elected otherwise during the election period. For this purpose, the election period must begin at least 6 months before the participant attains Qualified
Early Retirement Age and end not more than 90 days before the commencement of benefits. Any election hereunder will be in writing and may be changed by the Participant at any time. 

 

	 	(b)	Election of early survivor annuity. A Participant who is employed after attaining the Qualified Early Retirement Age will be given the opportunity to
elect, during the election period, to have a survivor annuity payable on death. If the Participant elects the survivor annuity, payments under such annuity must not be less than the payments that would have been made to the spouse under the QJSA if
the Participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. For this purpose, the election period begins on the later of (1) the 90th
day before the Participant attains the Qualified Early Retirement Age, or (2) the date on which participation begins, and ends on the date the Participant terminates employment. 

 

	 	(c)	Qualified Early Retirement Age. The Qualified Early Retirement Age is the latest of: 

 

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

 

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

 

	 	(3)	the date the Participant begins participation under the Plan. 

  

			
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 SECTION 10 
 PLAN ACCOUNTING AND INVESTMENTS 
  

	10.01	Participant Accounts. The Plan Administrator will maintain a separate Account for each Participant to reflect the Participant’s entire interest under
the Plan. The Plan Administrator may maintain any (or all) of the following separate sub-Accounts: 

  

	 	•	 	 Pre-Tax Deferral Account 

  

	 	•	 	 Roth Deferral Account 

  

	 	•	 	 Employer Contribution Account 

  

	 	•	 	 Matching Contribution Account 

  

	 	•	 	 Qualified Nonelective Contribution (QNEC) Account 

  

	 	•	 	 Qualified Matching Contribution (QMAC) Account 

  

	 	•	 	 Safe Harbor Employer Contribution Account 

  

	 	•	 	 Safe Harbor Matching Contribution Account 

  

	 	•	 	 After-Tax Contribution Account 

  

	 	•	 	 Rollover Contribution Account 

  

	 	•	 	 Transfer Account. 

 The Plan Administrator may establish other Accounts, as it deems necessary, for the proper administration of the Plan. 
  

	10.02	Valuation of Accounts. A Participant’s portion of the Trust assets is determined as of each Valuation Date under the Plan. The value of a
Participant’s Account consists of the fair market value of the Participant’s share of the Trust assets. The Trustee must value Plan assets at least annually. The Trustee’s determination of the value of Trust assets shall be final and
conclusive. 

  

	 	(a)	Periodic valuation. The Employer may elect under AA §11-1 or may elect operationally to value assets on a periodic basis. The Trustee and the Plan
Administrator may adopt reasonable procedures for performing such valuations. 

  

	 	(b)	Daily valuation. The Employer may elect under AA §11-1 or may elect operationally to value assets on a daily basis. The Plan Administrator may adopt
reasonable procedures for performing such valuations. Unless otherwise set forth in the written procedures, a daily valued Plan will have its assets valued at the end of each business day during which the New York Stock Exchange is open. The Plan
Administrator has authority to interpret the provisions of this Plan in the context of a daily valuation procedure. This includes, but is not limited to, the determination of the value of the Participant’s Account for purposes of Participant
loans, distribution and consent rights, and corrective distributions. 

  

	 	(c)	Interim valuations. The Plan Administrator may request the Trustee to perform interim valuations, provided such valuations do not result in discrimination
in favor of Highly Compensated Employees. 

  

	10.03	Adjustments to Participant Accounts. Unless the Plan Administrator adopts other reasonable administrative procedures, as of each Valuation Date under the
Plan, each Participant’s Account is adjusted in the following manner. 

  

	 	(a)	Distributions and forfeitures from a Participant’s Account. A Participant’s Account will be reduced by any distributions, forfeitures and other
reductions from the Account since the previous Valuation Date. 

  

	 	(b)	Life insurance premiums and dividends. A Participant’s Account will be reduced by the amount of any life insurance premium payments under the Plan
made for the benefit of the Participant since the previous Valuation Date. The Account will be credited with any dividends or credits paid on any life insurance policy held by the Trust for the benefit of the Participant. 

 

	 	(c)	Contributions and forfeitures allocated to a Participant’s Account. A Participant’s Account will be credited with any contribution, forfeiture
or other additions allocated to the Participant since the previous Valuation Date. 

  

	 	(d)	Net income or loss. A Participant’s Account will be adjusted for any net income or loss in accordance with any reasonable procedures that the Plan
Administrator may establish. Such procedures may be reflected in a funding agreement governing the applicable investments under the Plan. To the extent the Plan Administrator does not establish separate written procedures, net income or loss will be
allocated to Participants’ Accounts in accordance with the following provisions. 

  

	 	(1)	Net income or loss attributable to General Trust Account. To the extent a Participant’s Account is invested as part of a General Trust Account, such
Account is adjusted for its allocable share of net income or loss experienced by the General Trust Account. The net income or loss of the General Trust Account is allocated to the Participant Accounts in the ratio that each Participant’s
Account bears to all Accounts, based on the value of each Participant’s Account as of the prior Valuation Date, as adjusted in subsections (a)—(c) above. In determining Participant Account Balances as of the prior Valuation Date, the
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 average method that credits each Participant’s Account with a portion of the
contributions made since the prior Valuation Date. The Plan’s investment procedures may designate the specific type(s) of contributions eligible for a weighted allocation of net income or loss and may designate alternative methods for
determining the weighted allocation. If the Employer elects to apply a weighted average method, such method will be applied uniformly to all Participant Accounts under the General Trust Account. 

 

	 	(2)	Net income or loss attributable to a Directed Account. If the Participant or Beneficiary is entitled to direct the investment of all or part of his/her
Account (see Section 10.07), the Account (or the portion of the Account which is subject to such direction) will be maintained as a Directed Account, which reflects the value of the directed investments as of any Valuation Date. The assets held
in a Directed Account may be (but are not required to be) segregated from the other investments held in the Trust. Net income or loss attributable to the investments made by a Directed Account is allocated to such Account in a manner that reasonably
reflects the investment experience of such Directed Account. Where a Directed Account reflects segregated investments, the manner of allocating net income or loss shall not result in a Participant (or Beneficiary) being entitled to distribution from
the Directed Account that exceeds the value of such Account as of the date of distribution. 

  

	10.04	Share or unit accounting. The Plan’s investment procedures may provide for share or unit accounting to reflect the value of Accounts, if such method
is appropriate for the investments allocable to such Accounts. 

  

	10.05	Suspense accounts. The Plan’s investment procedures also may provide for special valuation procedures for suspense accounts that are properly
established under the Plan. 

  

	10.06	Investments under the Plan. 

  

	 	(a)	Investment options. The Trustee or other person(s) responsible for the investment of Plan assets is authorized to invest Plan assets in any prudent
investment consistent with the funding policy of the Plan and the requirements of ERISA. Investment options include, but are not limited to, the following: 

 

	 	•	 	 common and preferred stock or other equity securities (including stock bought and sold on margin); 

 

	 	•	 	 Qualifying Employer Securities and Qualifying Employer Real Property (to the extent permitted under subsection (c) below);

  

	 	•	 	 corporate bonds; 

  

	 	•	 	 open-end or closed-end mutual funds (including funds for which a Volume Submitter Sponsor, Trustee, or affiliate serves as investment advisor or other
capacity); 

  

	 	•	 	 money market accounts; 

  

	 	•	 	 certificates of deposit; 

  

	 	•	 	 debentures; 

  

	 	•	 	 commercial paper; 

  

	 	•	 	 put and call options; 

  

	 	•	 	 limited partnerships; 

  

	 	•	 	 mortgages; 

  

	 	•	 	 U.S. Government obligations, including U.S. Treasury notes and bonds; 

 

	 	•	 	 real and personal property having a ready market; 

  

	 	•	 	 life insurance or annuity policies; 

  

	 	•	 	 commodities; 

  

	 	•	 	 savings accounts; 

  

	 	•	 	 notes; and 

  

	 	•	 	 securities issued by the Trustee and/or its affiliates, as permitted by law. 

 

	 	(b)	Common/collective trusts and collectibles. Plan assets may also be invested in a common/collective trust fund, or in a group trust fund that satisfies the
requirements of IRS Revenue Ruling 81-100. All of the terms and provisions of any such common/collective trust fund or group trust into which Plan assets are invested are incorporated by reference into the provisions of the Trust for this Plan. No
portion of any voluntary, tax deductible Employee contributions being held under the Plan (or any earnings thereon) may be invested in life insurance contracts or, as with any Participant-directed investment, in tangible personal property
characterized by the IRS as a collectible. 

  

	 	(c)	 Limitations on the investment in Qualifying Employer Securities and Qualifying Employer Real Property. The Trustee may invest in
Qualifying Employer Securities and Qualifying Employer Real Property within certain limits. Any such investment shall only be made upon written direction of the Employer who shall be solely responsible for the propriety of such investment.
Additional directives regarding the purchase, sale, retention or valuing of such securities 

  

			
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may be addressed in a funding policy, statement of investment policy, or other separate procedures or documents governing the investment of Plan assets. 

 

	 	(1)	Profit Sharing Plan other than a 401(k) Plan. In the case of a Profit Sharing Plan (without a 401(k) feature), no limit applies to the percentage of Plan
assets invested in Qualifying Employer Securities and Qualifying Employer Real Property, except as provided in a funding policy, statement of investment policy, or other separate procedures or documents governing the investment of Plan assets.

  

	 	(2)	401(k) Plan. With respect to the portion of the Plan consisting of amounts attributable to Salary Deferrals (including Roth Deferrals), no more than 10%
of the fair market value of Plan assets attributable to Salary Deferrals and Roth Deferrals may be invested in Qualifying Employer Securities and Qualifying Employer Real Property if the Employer, the Trustee, or a person other than the Participant
requires any portion of the Salary Deferrals or Roth Deferrals and attributable earnings to be invested in Qualifying Employer Securities or Qualifying Employer Real Property. 

 

	 	(i)	Exceptions to Limitation. The limitation in this subsection (2) shall not apply if any one of the conditions in subsections (A), (B) or
(C) applies. 

  

	 	(A)	Investment of Salary Deferrals or Roth Deferrals in Qualifying Employer Securities or Qualifying Real Property is solely at the discretion of the Participant.

  

	 	(B)	As of the last day of the preceding Plan Year, the fair market value of assets of all profit sharing plans and 401(k) plans of the Employer was not more than 10% of the
fair market value of all assets under plans maintained by the Employer. 

  

	 	(C)	The portion of a Participant’s Salary Deferrals or Roth Deferrals required to be invested in Qualifying Employer Securities and Qualifying Employer Real Property
for the Plan Year does not exceed 1% of such Participant’s Plan Compensation. 

  

	 	(ii)	No application to other contributions. The limitation in this subsection (2) has no application to Matching Contributions or Employer Contributions.
Instead, the rules under subsection (1) above apply for such contributions. 

  

	 	(3)	Money purchase plan. In the case of a money purchase plan, no more than 10% of the fair market value of Plan assets may be invested in Qualifying Employer
Securities and Qualifying Employer Real Property. 

  

	10.07	Participant-directed investments. If the Plan (by election in AA §C-1 or under separate investment procedures) permits Participant direction of
investments, each Participant shall have the exclusive right, in accordance with the provisions of the Plan, to direct the investment by the Trustee of all or a portion of the amounts allocated to the separate Accounts of the Participant under the
Plan. All investment directions by Participants shall be timely furnished to the Trustee by the Plan Administrator, except to the extent such directions are transmitted telephonically or otherwise by Participants directly to the Trustee or its
delegate in accordance with rules and procedures established and approved by the Plan Administrator and communicated to the Trustee. In making any investment of Plan assets, the Trustee shall be fully entitled to rely on such directions furnished to
it by the Plan Administrator or by Participants in accordance with the Plan Administrator’s approved rules and procedures, and shall be under no duty to make any inquiry or investigation with respect thereto. Except as otherwise provided in
this Plan, neither the Trustee, the Employer, nor any other fiduciary of the Plan will be liable to the Participant or Beneficiary for any loss resulting from action taken at the direction of the Participant. 

 

	 	(a)	Limits on participant investment direction. The Employer may elect under AA §C-1 or under separate investment procedures to limit Participant
direction of investment to specific types of contributions. If Participant investment direction is limited to specific investment options, it shall be the sole and exclusive responsibility of the Employer or Plan Administrator to select the
investment options, and the Trustee shall not be responsible for selecting or monitoring such investment options, unless the Trustee has otherwise agreed in writing. In no case may Participants direct that investments be made in collectibles, other
than U.S. Government or State issued gold and silver coins. (See Section 10.03(d)(2) for rules regarding allocation of net income or loss to a Directed Account.) 

 

	 	(b)	 Failure to direct investment. If Participant direction of investments is permitted, the Plan Administrator will designate how accounts
will be invested in the absence of proper affirmative direction from the Participant. The Plan or Plan Administrator may designate a default fund under the Plan in which the Trustee shall deposit contributions to the Trust on behalf of Participants
who have been identified by the Plan Administrator as having not specified investment choices under the Plan. If the Trustee receives any contribution under the Plan that is not accompanied by instructions directing its investment, the Trustee shall
immediately notify the Plan Administrator of that fact, and the Trustee may, 

  

			
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in its discretion, hold all or a portion of the contribution uninvested without liability for loss of income or appreciation pending receipt of proper investment directions.

  

	 	(c)	Trustee to follow Participant direction. To the extent the Plan allows Participant direction of investment, the Trustee is authorized to follow the
Participant’s written direction (or other form of direction deemed acceptable by the Trustee). A Directed Account will be established for the portion of the Participant’s Account that is subject to Participant direction of investment. The
Trustee may decline to follow a Participant’s investment direction to the extent such direction would: 

  

	 	(1)	result in a prohibited transaction; 

  

	 	(2)	cause the assets of the Plan to be maintained outside the jurisdiction of the U.S. courts; 

 

	 	(3)	jeopardize the Plan’s tax qualification; 

  

	 	(4)	be contrary to the Plan’s governing documents; 

  

	 	(5)	cause the assets to be invested in collectibles within the meaning of Code §408(m); 

 

	 	(6)	generate unrelated business taxable income; or 

  

	 	(7)	result (or could result) in a loss exceeding the value of the Participant’s Account. 

The Trustee will not be responsible for any loss or expense resulting from a failure to follow a Participant’s direction in
accordance with the requirements of this paragraph. 
 Participant directions will be processed as soon as administratively
practicable following receipt of such directions by the Trustee. The Trustee, Plan Administrator, or Employer will not be liable for a delay in the processing of a Participant direction that is caused by a legitimate business reason (including, but
not limited to, a failure of computer systems or programs, failure in the means of data transmission, the failure to timely receive values or prices, or other unforeseen problems outside of the control of the Trustee, Plan Administrator, or
Employer). 
  

	 	(d)	ERISA §404(c) protection. If the Plan (by Employer election under AA §C-1(b)(2) or pursuant to the Plan’s investment procedures) is
intended to comply with ERISA §404(c), the Participant investment direction program adopted by the Plan Administrator should comply with applicable Department of Labor regulations. Compliance with ERISA §404(c) is not required for plan
qualification purposes. The following information is provided solely as guidance to assist the Plan Administrator in meeting the requirements of ERISA §404(c). Failure to meet any of the following safe harbor requirements does not impose any
liability on the Plan Administrator (or any other fiduciary under the Plan) for investment decisions made by Participants, nor does it mean that the Plan does not comply with ERISA §404(c). Nothing in this Plan shall impose any greater duties
upon the Trustee with respect to the implementation of ERISA §404(c) than those duties expressly provided for in procedures adopted by the Employer and agreed to by the Trustee. 

 

	 	(1)	Disclosure requirements. The Plan Administrator (or other Plan fiduciary who has agreed to perform this activity) shall provide, or shall cause a person
designated to act on his behalf to provide, the following information to Participants: 

  

	 	(i)	Mandatory disclosures. To satisfy the requirements of ERISA §404(c), the Participants must receive certain mandatory disclosures, including:

  

	 	(A)	an explanation that the Plan is intended to be an ERISA §404(c) plan; 

 

	 	(B)	a description of the investment options under the Plan; 

  

	 	(C)	the identity of any designated Investment Managers that may be selected by the Participant; 

 

	 	(D)	any restrictions on investment selection or transfers among investment vehicles; 

 

	 	(E)	an explanation of the fees and expenses that may be charged in connection with the investment transactions; 

 

	 	(F)	the materials relating to voting rights or other rights incidental to the holding of an investment; 

  

			
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	 	(G)	the most recent prospectus for an investment option which is subject to the Securities Act of 1933. 

 

	 	(ii)	Disclosures upon request. In addition, a Participant must be able to receive upon request:  

 

	 	(A)	the current value of the Participant’s interest in an investment option;  

 

	 	(B)	the value and investment performance of investment alternatives available under the Plan;  

 

	 	(C)	the annual operating expenses of a designated investment alternative; and  

 

	 	(D)	copies of any prospectuses, or other material, relating to available investment options. 

 

	 	(2)	Diversified investment options. The Plan must provide at least three diversified investment options that offer a broad range of investment opportunity.
Each of the investment opportunities must have materially different risk and return characteristics. The procedure may allow investment under a segregated brokerage account. 

 

	 	(3)	Frequency of investment instructions. Participants must have the opportunity to give investment instructions as frequently as is appropriate to the
volatility of the investment. For each investment option, the frequency can be no less than quarterly. 

  

	10.08	Investment in Life Insurance. A group or individual life insurance policy purchased by the Plan may be issued on the life of a Participant, a
Participant’s spouse, a Participant’s child or children, a family member of the Participant, or any other individual with an insurable interest. If this Plan is a money purchase plan, a life insurance policy may only be issued on the life
of the Participant. A life insurance policy includes any type of policy, including a second-to-die policy, provided that the holding of a particular type of policy is not prohibited under rules applicable to qualified plans.

 Any premiums on life insurance held for the benefit of a Participant will be charged against such
Participant’s vested Account Balance. Unless directed otherwise, the Plan Administrator will reduce each of the Participant’s Accounts under the Plan equally to pay premiums on life insurance held for such Participant’s benefit. Any
premiums paid for life insurance policies must satisfy the incidental life insurance rules under subsection (a). 
  

	 	(a)	Incidental Life Insurance Rules. Any life insurance purchased under the Plan must meet the following requirements: 

 

	 	(1)	Ordinary life insurance policies. The aggregate premiums paid for ordinary life insurance policies (i.e., policies with both nondecreasing death benefits
and nonincreasing premiums) for the benefit of a Participant shall not at any time exceed 49% of the aggregate amount of Employer Contributions (including Salary Deferrals) and forfeitures that have been allocated to the Account of such Participant.

  

	 	(2)	Life insurance policies other than ordinary life. The aggregate premiums paid for term, universal or other life insurance policies (other than ordinary
life insurance policies) for the benefit of a Participant shall not at any time exceed 25% of the aggregate amount of Employer Contributions (including Salary Deferrals) and forfeitures that have been allocated to the Account of such Participant.

  

	 	(3)	 Combination of ordinary and other life insurance policies. The sum of one-half ( 1/2) of the aggregate premiums paid for ordinary life insurance
policies plus all the aggregate premiums paid for any other life insurance policies for the benefit of a Participant shall not at any time exceed 25% of the aggregate amount of Employer Contributions (including Salary Deferrals) and forfeitures
which have been allocated to the Account of such Participant. 

  

	 	(4)	Exception for certain Profit Sharing and 401(k) Plans. If the Plan is a Profit Sharing Plan or a Profit Sharing/401(k) Plan, the limitations in this
Section do not apply to the extent life insurance premiums are paid only with Employer Contributions and forfeitures that have been accumulated in the Participant’s Account for at least two years or are paid with respect to a Participant who
has been a Participant for at least five years. For purposes of applying this special limitation, Employer Contributions do not include any Salary Deferrals, QMACs, QNECs or Safe-Harbor Contributions under a 401(k) plan. 

 

	 	(5)	Exception for After-Tax Contributions and Rollover Contributions. The Plan Administrator also may invest, with the Participant’s consent, any portion
of the Participant’s After-Tax Contribution Account or Rollover Contribution Account in a group or individual life insurance policy for the benefit of such Participant, without regard to the incidental life insurance rules under this Section.

  

	 	(b)	 Ownership of Life Insurance Policies. The Trustee is the owner of any life insurance policies purchased under the Plan. Any life
insurance policy purchased under the Plan must designate the Trustee as owner and beneficiary under the 

  

			
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policy. The Trustee will pay all proceeds of any life insurance policies to the Beneficiary of the Participant for whom such policy is held in accordance with the distribution provisions under
Section 8 and the Joint and Survivor Annuity requirements under Section 9. In no event shall the Trustee retain any part of the proceeds from any life insurance policies for the benefit of the Plan. 

 

	 	(c)	Evidence of Insurability. Prior to purchasing a life insurance policy, the Plan Administrator may require the individual whose life is being insured to
provide evidence of insurability, such as a physical examination, as may be required by the Insurer. 

  

	 	(d)	Distribution of Insurance Policies. Life insurance policies under the Plan, which are held on behalf of a Participant, must be distributed to the
Participant or converted to cash upon the later of the Participant’s Annuity Starting Date (as defined in Section 1.11) or termination of employment. Any life insurance policies that are held on behalf of a terminated Participant must
continue to satisfy the incidental life insurance rules under subsection (a). If a life insurance policy is purchased on behalf of an individual other than the Participant, and such individual dies, the Participant may withdraw any or all life
insurance proceeds from the Plan, to the extent such proceeds exceed the cash value of the life insurance policy determined immediately before the death of the insured individual. 

 

	 	(e)	Discontinuance of Insurance Policies. Investments in life insurance may be discontinued at any time, either at the direction of the Trustee or other
fiduciary responsible for making investment decisions. If the Plan provides for Participant direction of investments, life insurance as an investment option may be eliminated at any time by the Plan Administrator. Where life insurance investment
options are being discontinued, the Plan Administrator, in its sole discretion, may offer the sale of the insurance policies to the Participant, or to another person, provided that the prohibited transaction exemption requirements prescribed by the
Department of Labor are satisfied. 

  

	 	(f)	Protection of Insurer. An Insurer (as defined in Section 1.69) that issues a life insurance policy under the terms of this Section 10.08, shall
not be responsible for the validity of this Plan and shall be protected and held harmless for any actions taken or not taken by the Trustee or any actions taken in accordance with written directions from the Trustee or the Employer (or any duly
authorized representatives of the Trustee or Employer). An Insurer shall have no obligation to determine the propriety of any premium payments or to guarantee the proper application of any payments made by the insurance company to the Trustee.

 The Insurer is not and shall not be considered a party to this Plan and is not a fiduciary with respect to the
Plan solely as a result of the issuance of life insurance policies under this Section 10.08. 
  

	 	(g)	No Responsibility for Act of Insurer. Neither the Employer, the Plan Administrator nor the Trustee shall be responsible for the validity of the provisions
under a life insurance policy issued under this Section 10.08 or for the failure or refusal by the Insurer to provide benefits under such policy. The Employer, the Plan Administrator and the Trustee are also not responsible for any action or
failure to act by the Insurer or any other person which results in the delay of a payment under the life insurance policy or which renders the policy invalid or unenforceable in whole or in part. 

  

			
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 SECTION 11 
 PLAN ADMINISTRATION AND OPERATION 
  

	11.01	Plan Administrator. The Employer is the Plan Administrator, unless the Employer designates in writing an alternative Plan Administrator. The Plan
Administrator has the responsibilities described in this Section 11. 

  

	11.02	Designation of Alternative Plan Administrator. The Employer may designate another person or persons as he Plan Administrator by name, by reference to the
person or group of persons holding a particular position, by reference to a procedure under which the Plan Administrator is designated, or by reference to a person or group of persons charged with the specific responsibilities of Plan Administrator.

  

	 	(a)	Acceptance of responsibility by designated Plan Administrator. If the Employer designates an alternative Plan Administrator, the designated Plan
Administrator must accept its responsibilities in writing. The Employer and the designated Plan Administrator jointly will determine the time period for which the alternative Plan Administrator will serve. 

 

	 	(b)	Multiple alternative Plan Administrators. If the Employer designated more than one person as an alternative Plan Administrator, such Plan Administrators
shall act by majority vote, unless the group delegates particular Plan Administrator duties to a specific person. 

  

	 	(c)	Resignation or removal of designated Plan Administrator. A designated Plan Administrator may resign by delivering a written notice of resignation to the
Employer. The Employer may remove a designated Plan Administrator by delivering a written notice of removal. If a designated Plan Administrator resigns or is removed, and no new alternative Plan Administrator is designated, the Employer is the Plan
Administrator. 

  

	 	(d)	Employer responsibilities. If the Employer designates an alternative Plan Administrator, the Employer will provide in a timely manner all appropriate
information necessary for the Plan Administrator to perform its duties. This information includes, but is not limited to, Participant compensation data, Employee employment, service and termination information, and other information the Plan
Administrator may require. The Plan Administrator may rely on the accuracy of any information and data provided by the Employer. 

  

	 	(e)	Indemnification of Plan Administrator. The Employer will indemnify, defend and hold harmless the Plan Administrator (including the individual members of
any administrative committee appointed by the Employer to handle administrative functions of the Plan or any Employees who have administrative responsibility for the Plan) with respect to any liability, loss, damage or expense resulting from any act
or omission (except willful misconduct or gross negligence) in their official capacities in the administration of this Trust or Plan, including attorney, accountant and advisory fees and all other expenses reasonably incurred in their defense. The
indemnification provisions of this Section do not relieve any person from any liability under ERISA for breach of a fiduciary duty. Furthermore, the Employer may execute a written agreement further delineating the indemnification agreement of this
Section, provided the agreement is consistent with and does not violate ERISA. 

  

	11.03	Named Fiduciary. The Plan Administrator is the Named Fiduciary for the Plan, unless the Plan Administrator specifically names another person or persons as
Named Fiduciary and the designated person accepts its responsibilities as Named Fiduciary in writing. The Plan must always have at least one Named Fiduciary. 

 

	11.04	Duties, Powers and Responsibilities of the Plan Administrator. The Plan Administrator will administer the Plan for the exclusive benefit of the Plan
Participants and Beneficiaries, and in accordance with the terms of the Plan. If the terms of the Plan are unclear, the Plan Administrator may interpret the Plan, provided such interpretation is consistent with the rules of ERISA and Code §401
and is performed in a uniform and nondiscriminatory manner. This right to interpret the Plan is an express grant of discretionary authority to resolve ambiguities in the Plan document and to make discretionary decisions regarding the interpretation
of the Plan’s terms, including who is eligible to participate under the Plan, and the benefit rights of a Participant or Beneficiary. Unless an interpretation or decision is determined to be arbitrary and capricious, the Plan Administrator will
not be held liable for any interpretation of the Plan terms or decision regarding the application of a Plan provision. 

  

	 	(a)	Delegation of duties, powers and responsibilities. The Plan Administrator may delegate its duties, powers or responsibilities to one or more persons. Such
delegation must be in writing and accepted by the person or persons receiving the delegation. The Employer must agree to such delegation by an alternative Plan Administrator. 

 

	 	(b)	Specific Plan Administrator responsibilities. The Plan Administrator has the general responsibility to control and manage the operation of the Plan. This
responsibility includes, but is not limited to, the following: 

  

			
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	 	(1)	To interpret and enforce the provisions of the Plan, including those related to Plan eligibility, vesting and benefits; 

 

	 	(2)	To communicate with the Trustee and other responsible persons with respect to the crediting of Plan contributions, the disbursement of Plan distributions and
other relevant matters; 

  

	 	(3)	To develop separate procedures (if necessary) consistent with the terms of the Plan to assist in the administration of the Plan, including the adoption of a
separate or modified loan policy (see Section 13), procedures for direction of investment by Participants (see Section 10.07), procedures for determining whether domestic relations orders are QDROs (see Section 11.06), and procedures
for the determination of investment earnings to be allocated to Participants’ Accounts (see Section 10.03(d)); 

  

	 	(4)	To maintain all records necessary for tax and other administration purposes; 

 

	 	(5)	To furnish and to file all appropriate notices, reports and other information to Participants, Beneficiaries, the Employer, the Trustee and government agencies
(as necessary); 

  

	 	(6)	To provide information relating to Plan Participants and Beneficiaries; 

 

	 	(7)	To retain the services of other persons, including Investment Managers, attorneys, consultants, advisers and others, to assist in the administration of the Plan;

  

	 	(8)	To review and decide on claims for benefits under the Plan; 

  

	 	(9)	To correct any defect or error in the operation of the Plan; 

  

	 	(10)	To establish a “funding policy and method” for the Plan for purposes of ensuring the Plan is satisfying its financial objectives and is able to meet
its liquidity needs; and 

  

	 	(11)	To suspend contributions, including Salary Deferrals and/or After-Tax Contributions, on behalf of any or all Highly Compensated Employees, if the Plan
Administrator reasonably believes that such contributions will cause the Plan to discriminate in favor of Highly Compensated Employees. See Sections 6.01(c) and 6.02(c). 

 

	11.05	Plan Administration Expenses. 

  

	 	(a)	Reasonable Plan administration expenses. All reasonable expenses related to plan administration will be paid from Plan assets, except to the extent the
expenses are paid (or reimbursed) by the Employer. For this purpose, Plan expenses include, but are not limited to, all reasonable costs, charges and expenses incurred by the Trustee in connection with the administration of the Trust (including such
reasonable compensation to the Trustee as may be agreed upon from time to time between the Employer or Plan Administrator and the Trustee and any fees for legal services rendered to the Trustee). If liquid assets of the Trust are insufficient to
cover the fees of the Trustee or the Plan Administrator, then Trust assets shall be liquidated to the extent necessary for such fees. In the event any part of the Trust becomes subject to tax, all taxes incurred will be paid from the Trust.

  

	 	(b)	Plan expense allocation. The Plan Administrator will allocate plan expenses among the accounts of Plan Participants. The Plan Administrator has authority
to allocate these expenses either proportionally based on the value of the Account Balances or pro rata based on the number of Participants in the Plan. The Plan Administrator will determine the proper method for allocating expenses in accordance
with such reasonable nondiscriminatory rules as the Plan Administrator deems appropriate under the circumstances. Unless the Plan Administrator decides otherwise, the following expenses will be allocated to the Participant’s Account relative to
which the expense is incurred: distribution expenses, including those relating to lump sums, installments, QDROs, hardship, in-service and required minimum distributions; loan expenses; participant direction expenses, including brokerage fees; and
benefit calculations. 

  

	 	(c)	Expenses related to administration of former Employee or surviving spouse. If the Plan is making distributions to a former Employee or surviving spouse,
the Plan may charge reasonable Plan administrative expenses to the Account of that former Employee or surviving spouse, but only if the administrative expenses are on a pro rata basis, Under the pro rata basis, the expenses are based on the amount
in each account of a former Employee or surviving spouse receiving benefits from the Plan. The Plan Administrator may use another reasonable basis for charging the expenses, provided it complies with the requirements of Title I of ERISA) In any
event, the allocation of plan expenses must meet the nondiscrimination rules of § 401(a)(4).) 

  

			
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	11.06	Qualified Domestic Relations Orders (QDROs). 

  

	 	(a)	In general. The Plan Administrator must develop written procedures for determining whether a domestic relations order is a QDRO and for administering
distributions under a QDRO. For this purpose, the Plan Administrator may use the default QDRO procedures set forth in subsection (h) below or may develop separate QDRO procedures. 

 

	 	(b)	Definitions related to Qualified Domestic Relations Orders (QDROs). 

 

	 	(1)	QDRO. A QDRO is a domestic relations order that creates or recognizes the existence of an Alternate Payee’s right to receive, or assigns to an
Alternate Payee the right to receive, all or a portion of the benefits payable with respect to a Participant under the Plan. (See Code §414(p).) The QDRO must contain certain information and meet other requirements described in this
Section 11.06. 

  

	 	(2)	Domestic relations order. A domestic relations order is a judgment, decree, or order (including the approval of a property settlement) that is made
pursuant to state domestic relations law (including community property law). 

  

	 	(3)	Alternate Payee. An Alternate Payee must be a spouse, former spouse, child, or other dependent of a Participant. 

 

	 	(c)	Recognition as a QDRO. To be a QDRO, an order must be a domestic relations order (as defined in subsection (b)(2) above) that relates to the provision of
child support, alimony payments, or marital property rights for the benefit of an Alternate Payee. The Plan Administrator is not required to determine whether the court or agency issuing the domestic relations order had jurisdiction to issue an
order, whether state law is correctly applied in the order, whether service was properly made on the parties, or whether an individual identified in an order as an Alternate Payee is a proper Alternate Payee under state law.

  

	 	(d)	Contents of QDRO. A QDRO must contain the following information: 

 

	 	(1)	the name and last known mailing address of the Participant and each Alternate Payee; 

 

	 	(2)	the name of each plan to which the order applies; 

  

	 	(3)	the dollar amount or percentage (or the method of determining the amount or percentage) of the benefit to be paid to the Alternate Payee; and

  

	 	(4)	the number of payments or time period to which the order applies. 

  

	 	(e)	Impermissible QDRO provisions. 

  

	 	(1)	The order must not require the Plan to provide an Alternate Payee or Participant with any type or form of benefit, or any option, not otherwise provided under
the Plan; 

  

	 	(2)	The order must not require the Plan to provide for increased benefits (determined on the basis of actuarial value); 

 

	 	(3)	The order must not require the Plan to pay benefits to an Alternate Payee that are required to be paid to another Alternate Payee under another order previously
determined to be a QDRO; and 

  

	 	(4)	The order must not require the Plan to pay benefits to an Alternate Payee in the form of a Qualified Joint and Survivor Annuity for the lives of the Alternate
Payee and his or her subsequent spouse. 

  

	 	(f)	Immediate distribution to Alternate Payee. Even if a Participant is not eligible to receive an immediate distribution from the Plan, an Alternate Payee
may receive a QDRO benefit immediately in a lump sum, provided such distribution is consistent with the QDRO provisions. 

  

	 	(g)	Fee for QDRO determination. The Plan Administrator may condition the making of a QDRO determination on the payment of a fee by a Participant or an
Alternate Payee (either directly or as a charge against the Participant’s Account). 

  

	 	(h)	Default QDRO procedure. If the Plan Administrator chooses this default QDRO procedure or if the Plan Administrator does not establish a separate QDRO
procedure, this subsection (h) will apply as the procedure the Plan Administrator will use to determine whether a domestic relations order is a QDRO. This default QDRO procedure incorporates the requirements set forth below.

  

			
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	 	(1)	Access to information. The Plan Administrator will provide access to Plan and Participant benefit information sufficient for a prospective Alternate Payee
to prepare a QDRO. Such information might include the summary plan description, other relevant plan documents, and a statement of the Participant’s benefit entitlements. The disclosure of this information is conditioned on the prospective
Alternate Payee providing to the Plan Administrator information sufficient to reasonably establish that the disclosure request is being made in connection with a domestic relations order. 

 

	 	(2)	Notifications to Participant and Alternate Payee. The Plan Administrator will promptly notify the affected Participant and each Alternate Payee named in
the domestic relations order of the receipt of the order. The Plan Administrator will send the notification to the address included in the domestic relations order. Along with the notification, the Plan Administrator will provide a copy of the
Plan’s procedures for determining whether a domestic relations order is a QDRO. 

  

	 	(3)	Alternate Payee representative. The prospective Alternate Payee may designate a representative to receive copies of notices and Plan information that are
sent to the Alternate Payee with respect to the domestic relations order. 

  

	 	(4)	Evaluation of domestic relations order. Within a reasonable period of time, the Plan Administrator will evaluate the domestic relations order to determine
whether it is a QDRO. A reasonable period will depend on the specific circumstances. The domestic relations order must contain the information described in subsection (d). If the order is only deficient in a minor respect, the Plan Administrator may
supplement information in the order from information within the Plan Administrator’s control or through communication with the prospective Alternate Payee. 

 

	 	(i)	Separate accounting. Upon receipt of a domestic relations order, the Plan Administrator will separately account for and preserve the amounts that would be
payable to an Alternate Payee until a determination is made with respect to the status of the order. During the period in which the status of the order is being determined, the Plan Administrator will take whatever steps are necessary to ensure that
amounts that would be payable to the Alternate Payee, if the order were a QDRO, are not distributed to the Participant or any other person. The separate accounting requirement may be satisfied, at the Plan Administrator’s discretion, by a
segregation of the assets that are subject to separate accounting. 

  

	 	(ii)	Separate accounting until the end of “18 month period”. The Plan Administrator will continue to separately account for amounts that are payable
under the QDRO until the end of an “18-month period.” The “18-month period” will begin on the first date following the Plan’s receipt of the order upon which a payment would be required to be made to an Alternate Payee under
the order. If, within the “18-month period,” the Plan Administrator determines that the order is a QDRO, the Plan Administrator must pay the Alternate Payee in accordance with the terms of the QDRO. If, however, the Plan Administrator
determines within the “18-month period” that the order is not a QDRO, or, if the status of the order is not resolved by the end of the “18-month period,” the Plan Administrator may pay out the amounts otherwise payable under the
order to the person or persons who would have been entitled to such amounts if there had been no order. If the order is later determined to be a QDRO, the order will apply only prospectively; that is, the Alternate Payee will be entitled only to
amounts payable under the order after the subsequent determination. 

  

	 	(iii)	Preliminary review. The Plan Administrator will perform a preliminary review of the domestic relations order to determine if it is a QDRO. If this
preliminary review indicates the order is deficient in some manner, the Plan Administrator will allow the parties to attempt to correct any deficiency before issuing a final decision on the domestic relations order. The ability to correct is limited
to a reasonable period of time. 

  

	 	(iv)	Notification of determination. The Plan Administrator will notify in writing the Participant and each Alternate Payee of the Plan Administrator’s
decision as to whether a domestic relations order is a QDRO. In the case of a determination that an order is not a QDRO, the written notice will contain the following information: 

 

	 	(A)	references to the Plan provisions on which the Plan Administrator based its decision; 

 

	 	(B)	an explanation of any time limits that apply to rights available to the parties under the Plan (such as the duration of any protective actions the Plan
Administrator will take); and 

  

			
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	 	(C)	a description of any additional material, information, or modifications necessary for the order to be a QDRO and an explanation of why such material,
information, or modifications are necessary. 

  

	 	(v)	Treatment of Alternate Payee. If an order is accepted as a QDRO, the Plan Administrator will act in accordance with the terms of the QDRO as if it were a
part of the Plan. An Alternate Payee will be considered a Beneficiary under the Plan and be afforded the same rights as a Beneficiary. The Plan Administrator will provide any appropriate disclosure information relating to the Plan to the Alternate
Payee. 

  

	11.07	Claims Procedure. The Plan Administrator shall establish a procedure for benefit claims consistent with the requirements of ERISA Reg. §2560.503-1.
The Plan Administrator is authorized to conduct an examination of the relevant facts to determine the merits of a Participant’s or Beneficiary’s claim for Plan benefits. The claims procedure must incorporate the following guidelines:

  

	 	(a)	Filing a claim. The claims procedure will set forth a reasonable means for a Participant or Beneficiary to file a claim for benefits under the Plan.

  

	 	(b)	Plan Administrator’s decision. The Plan Administrator must provide a claimant with written notification of the Plan Administrator’s decision
relating to a claim within a reasonable period of time (not more than 90 days unless special circumstances require an extension to process the claim) after the claim was filed. If the claim is denied, the notification must set forth the reasons for
the denial, specific reference to pertinent Plan provisions on which the denial is based, a description of any additional information necessary for the claimant to perfect the claim, and the steps the claimant must take to submit the claim for
review. 

  

	 	(c)	Review procedure. The claims procedure will provide a claimant a reasonable opportunity to have a full and fair review of a denied claim. Such procedure
shall allow a review upon a written application, for the claimant to review pertinent documents, and to allow the claimant to submit written comments to the Plan Administrator. The procedure may establish a limited period (not less than 60 days
after the claimant receives written notification of the denial of the claim) for the claimant to request a review of the claim denial. 

  

	 	(d)	Decision on review. If a claimant requests a review, the Plan Administrator must respond promptly to the request. Unless special circumstances exist (such
as the need for a hearing), the Plan Administrator must respond in writing within 60 days of the date the claimant submitted the review application. The response must explain the Plan Administrator’s decision on review.

  

	11.08	Operational Rules for Short Plan Years. The following operational rules apply if the Plan has a Short Plan Year. A Short Plan Year is any Plan Year that
is less than a 12-month period, either because of the amendment of the Plan Year, or because the Effective Date of a new Plan is less than 12 months prior to the end of the first Plan Year. 

 

	 	(a)	If the Plan is amended to create a Short Plan Year, and an Eligibility Computation Period or Vesting Computation Period is based on the Plan Year, the applicable
computation period begins on the first day of the Short Plan Year, but such period ends on the day which is 12 months from the first day of such Short Plan Year. Thus, the computation period that begins on the first day of the Short Plan Year
overlaps with the computation period that starts on the first day of the next Plan Year. This rule applies only to an Employee who has at least one Hour of Service during the Short Plan Year. 

If a Plan has an initial Short Plan Year, the rule in the above paragraph applies only for purposes of determining an Employee’s
Vesting Computation Period and only if the Employer elects under AA §8-4 to exclude service earned prior to the adoption of the Plan. For eligibility and vesting (where service prior to the adoption of the Plan is not ignored), if the
Eligibility Computation Period or Vesting Computation Period is based on the Plan Year, the applicable computation period will be determined on the basis of the Plan’s normal Plan Year, without regard to the initial short Plan Year. 

 

	 	(b)	If Employer Contributions are allocated for a Short Plan Year, any allocation condition under AA §6-6 or AA §6B-7 (under the Profit Sharing/401(k) Plan
Adoption Agreement) that requires a Participant to complete a specified number of Hours of Service to receive an allocation of such Employer Contributions will not be prorated as a result of such Short Plan Year unless otherwise specified in AA
§6-6 or AA §6B-7, if applicable. 

  

	 	(c)	If the permitted disparity method is used to allocate any Employer Contributions made for a Short Plan Year, the Integration Level will be prorated to reflect
the number of months (or partial months) included in the Short Plan Year. 

  

	 	(d)	The Compensation Limit, as defined in Section 1.24, will be prorated to reflect the number of months (or partial months) included in the Short Plan Year
unless the compensation used for such Short Plan Year is a period of 12 months. (See Section 6.04(j)(1) for special rules that apply for the first year of a Safe Harbor 401(k) Plan.) 

  

			
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 In all other respects, the Plan shall be operated for the Short Plan Year in the same
manner as for a 12-month Plan Year, unless the context requires otherwise. If the terms of the Plan are ambiguous with respect to the operation of the Plan for a Short Plan Year, the Plan Administrator has the authority to make a final determination
on the proper interpretation of the Plan. 
  

	11.09	Special Rules for Governmental Plans. If the Employer elects under AA §1-3 to be treated as a Government entity exempt from ERISA, the special rules
under this Section 11.09 automatically will apply to such Plan. By electing under AA §1-3 to treat this Plan as a Governmental Plan exempt from ERISA, such Plan is exempt from the plan qualification requirements listed in subsection
(b) below. Such Plan is subject to all other qualification requirements under the Plan to the extent not specifically listed in subsection (b) below. An Employer that elects Governmental Plan status may complete the entire Adoption
Agreement, including elections that are otherwise inapplicable to Governmental Plans. However, the Employer is not bound by the qualification restrictions applicable to such provisions and the completion of those provisions that are inapplicable to
Governmental Plans will not affect the Plan’s qualified status. 

  

	 	(a)	Definition of Governmental Plan. A Governmental Plan is a Plan established and maintained for its Employees by the U.S. government, any State or political
subdivision of a State, or any Federal or State agency or instrumentality, as defined under Code §414(d). 

  

	 	(b)	Qualification provisions from which Governmental Plans are exempt. Governmental Plans are exempt from the following qualification requirements:

  

	 	(1)	The minimum age and service rules under Code §410 (a); 

  

	 	(2)	The minimum coverage requirements under Code §410(b); (3) The minimum vesting requirements under Code §411; 

 

	 	(4)	The top-heavy rules under Code §401(a)(10)(B)(iii) and §416; 

  

	 	(5)	The joint and survivor rules under Code §401(a)(11) and §417; 

  

	 	(6)	The requirements for protecting benefits pursuant to a plan merger or a transfer of plan assets as prescribed under Code §401(a)(12); 

 

	 	(7)	The anti-assignment rules (other than the rules applicable to Qualified Domestic Relations Orders) under Code §401(a)(13); and 

 

	 	(8)	The commencement of benefits requirements under Code §401(a)(14). 

  

	 	(c)	No DROP Plan provisions. A Governmental Plan may not include any provisions relating to a deferred retirement option (DROP) plan.

  

			
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 SECTION 12 
 TRUST PROVISIONS 
  

	12.01	Establishment of Trust. In conjunction with the establishment of this Plan, the Employer and the Trustee agree to establish and maintain a domestic Trust
in the United States consisting of such sums as shall from time to time be paid to the Trustee under the Plan and such earnings, income and appreciation as may accrue thereon. The Trustee shall carry out the duties and responsibilities herein
specified, but shall be under no duty to determine whether the amount of any contribution by the Employer or any Participant is in accordance with the terms of the Plan, nor shall the Trustee be responsible for the collection of any contributions
required under the Plan. 

 The Trust shall be held, invested, reinvested and administered by the Trustee in
accordance with the terms of the Plan and this Agreement solely in the interest of Participants and their Beneficiaries and for the exclusive purpose of providing benefits to Participants and their Beneficiaries and defraying reasonable expenses of
administering the Plan. Except as provided in Section 15.02, no assets of the Plan shall inure to the benefit of the Employer. 
  

	12.02	Types of Trustees. The Trustee identified in the Trustee Declaration page under the Adoption Agreement shall act either as a Directed Trustee or as a
Discretionary Trustee, as designated on the Trustee Declaration page. 

  

	 	(a)	Directed Trustee. A Directed Trustee is subject to the direction of the Plan Administrator, the Employer, a properly appointed Investment Manager, a Named
Fiduciary, or Plan Participant. A Directed Trustee does not have any discretionary authority with respect to the investment of Plan assets. In addition, a Directed Trustee is not responsible for the propriety of any directed investment made pursuant
to this Section and shall not be required to consult or advise the Employer regarding the investment quality of any directed investment held under the Plan. 

 

	 	(1)	Delegation of powers. The Directed Trustee shall be advised in writing regarding the retention of investment powers by the Employer or the appointment of
an Investment Manager or other Named Fiduciary with power to direct the investment of Plan assets. Any such delegation of investment powers will remain in force until such delegation is revoked or amended in writing. The Employer is deemed to have
retained investment powers under this subsection to the extent the Employer directs the investment of Participant Accounts for which affirmative investment direction has not been received. 

 

	 	(2)	Direction of Trustee. The Employer is a Named Fiduciary for investment purposes if the Employer directs investments pursuant to this subsection. Any
investment direction shall be made in writing by the Employer, Investment Manager, or Named Fiduciary, as applicable. A Directed Trustee must act solely in accordance with the direction of the Plan Administrator, the Employer, any employees or
agents of the Employer, a properly appointed Investment Manager or other fiduciary of the Plan, a Named Fiduciary, or Plan Participants. (See Section 10.07 for a discussion of the Trustee’s responsibilities with regard to Participant
directed investments.) 

  

	 	(3)	Restriction on Trustee. The Employer may direct the Directed Trustee to invest in any media in which the Trustee may invest, as described in
Section 12.03(b). However, the Employer may not borrow from the Trust or pledge any of the assets of the Trust as security for a loan to itself; buy property or assets from or sell property or assets to the Trust; charge any fee for services
rendered to the Trust; or receive any services from the Trust on a preferential basis. 

  

	 	(b)	Discretionary Trustee. A Discretionary Trustee has exclusive authority and discretion with respect to the investment, management or control of Plan
assets. Notwithstanding a Trustee’s designation as a Discretionary Trustee, a Trustee’s discretion is limited, and the Trustee shall be considered a Directed Trustee, to the extent the Trustee is subject to the direction of the Plan
Administrator, the Employer, a properly appointed Investment Manager, or a Named Fiduciary under an agreement between the Plan Administrator and the Trustee. A Trustee also is considered a Directed Trustee to the extent the Trustee is subject to
investment direction of Plan Participants. (See Section 10.07 for a discussion of the Trustee’s responsibilities with regard to Participant-directed investments.) 

 

	12.03	Responsibilities of the Trustee. In addition to the powers, rights and responsibilities enumerated under this Section, the Trustee has all powers
necessary to carry out its duties in a prudent manner. The Trustee’s powers, rights and responsibilities may be modified, supplemented or limited by a separate trust agreement, investment policy, funding agreement, or other binding document
entered into between the Trustee and the Plan Administrator or Employer. Such binding document must designate the Trustee’s responsibilities with respect to the Plan. A separate trust agreement, investment policy, funding agreement, or other
binding document must be consistent with the terms of this Plan and must comply with all qualification requirements under the Code and regulations. To the extent the exercise of any power, right or responsibility is subject to discretion, such
exercise by a Directed Trustee must be made at the direction of the Plan Administrator, the Employer, an Investment Manager, a Named Fiduciary, or Plan Participant. 

  

			
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	 	(a)	Responsibilities regarding administration of Trust. 

  

	 	(1)	The Trustee, the Employer and the Plan Administrator shall each discharge their assigned duties and responsibilities under this Agreement and the Plan solely in
the interest of Participants and their Beneficiaries in the following manner: 

  

	 	(i)	for the exclusive purpose of providing benefits to Participants and their Beneficiaries and defraying reasonable expenses of administering the Plan;

  

	 	(ii)	with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such
matters would use in the conduct of an enterprise of a like character and with like aims; 

  

	 	(iii)	by diversifying the available investments under the Plan so as to minimize the risk of large losses, unless under the circumstances it is clearly prudent not to
do so; and 

  

	 	(iv)	in accordance with the provisions of the Plan insofar as they are consistent with the provisions of ERISA. 

 

	 	(2)	The Trustee will receive all contributions, earnings and other amounts made to and under the terms of the Plan. The Trustee is not obligated in any manner to
ensure that such amounts are correct in amount or that such amounts comply with the terms of the Plan, the Code or ERISA. In addition, the Trustee is under no obligation to compel the Employer to make contributions to the Trust. The Trustee is not
liable for the manner in which such amounts are deposited or the allocation between Participant’s Accounts, to the extent the Trustee follows the written direction of the Plan Administrator or Employer. 

 

	 	(3)	The Trustee will make distributions from the Trust in accordance with the written directions of the Plan Administrator or other authorized representative. To the
extent the Trustee follows such written direction, the Trustee is not obligated in any manner to ensure a distribution complies with the terms of the Plan, that a Participant or Beneficiary is entitled to such a distribution, or that the amount
distributed is proper under the terms of the Plan. If there is a dispute as to a payment from the Trust, the Trustee may decline to make payment of such amounts until the proper payment of such amounts is determined by a court of competent
jurisdiction, or the Trustee has been indemnified to its satisfaction. 

  

	 	(4)	The Trustee may employ agents, attorneys, accountants and other third parties to provide counsel on behalf of the Plan, where the Trustee deems advisable. The
Trustee may reimburse such persons from the Trust for reasonable expenses and compensation incurred as a result of such employment. The Trustee shall not be liable for the actions of such persons, provided the Trustee acted prudently in the
employment and retention of such persons. In addition, the Trustee will not be liable for any actions taken as a result of good faith reliance on the advice of such persons. 

 

	 	(5)	The Trustee shall keep full and accurate accounts of all receipts, investments, disbursements and other transactions hereunder, including such specific records
as may be agreed upon in writing between the Employer and the Trustee. All such accounts, books and records shall be open to inspection and audit at all reasonable times by any authorized representative of the Trustee or the Plan Administrator. A
Participant may examine only those individual account records pertaining directly to him. 

  

	 	(6)	Except as provided in Section 15.02, at no time prior to the satisfaction of all liabilities with respect to Participants and their Beneficiaries under the
Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other than for the exclusive benefit of Participants or their Beneficiaries, or for defraying reasonable expenses of administering the Plan.

  

	 	(b)	Responsibilities regarding investment of Plan assets. 

  

	 	(1)	The Trustee shall be responsible for holding the assets of the Trust in accordance with the provisions of this Plan. 

 

	 	(2)	 The Trustee may invest and reinvest, manage and control the Plan assets in a manner that is consistent with the Plan’s funding policy and
investment objectives of the Plan. The Trustee may invest in any investment, as authorized under this subsection (b), which the Trustee deems advisable and prudent, subject to the proper written direction of the Plan Administrator, the Employer, a
properly appointed Investment Manager, a Named Fiduciary or a Plan Participant. The Trustee is not liable for the investment of Plan assets to the extent the Trustee is following the proper direction of the Plan Administrator, the Employer, a
Participant, an Investment Manager, or other person or persons duly appointed by the Employer to provide investment direction. In 

  

			
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addition, the Trustee does not guarantee the Trust in any manner against investment loss or depreciation in asset value, or guarantee the adequacy of the Trust to meet and discharge any or all
liabilities of the Plan. 

  

	 	(3)	The Trustee may hold any securities or other property in the name of the Trustee or in the name of the Trustee’s nominee, and may hold any investments in
bearer form, provided the books and records of the Trustee at all times show such investment to be part of the Trust. If securities are held on behalf of the Plan in the name of the Trustee’s nominee, such securities must be held by:

  

	 	(i)	A bank or trust company that is subject to supervision by the United States or a State, or a nominee of such bank or trust company; 

 

	 	(ii)	A broker or dealer registered under the Securities Exchange Act of 1934, or a nominee of such broker or dealer; or 

 

	 	(iii)	A “clearing agency” as defined in section 3(a)(23) of the Securities Exchange Act of 1934, or its nominee. 

 

	 	(4)	The Trustee may retain such portion of the Plan assets in cash or cash balances as the Trustee may, from time to time, deem to be in the best interests of the
Plan, without liability for interest thereon. 

  

	 	(5)	The Trustee may collect and receive any and all moneys and other property due the Plan and to settle, compromise, or submit to arbitration any claims, debts, or
damages with respect to the Plan, and to commence or defend on behalf of the Plan any lawsuit, or other legal or administrative proceedings. 

  

	 	(6)	The Trustee may pay expenses out of Plan assets as necessary to administer the Trust and as authorized under the Plan. 

 

	 	(7)	The Trustee may borrow or raise money on behalf of the Plan in such amount, and upon such terms and conditions, as the Trustee deems advisable. The Trustee may
issue a promissory note as Trustee to secure the repayment of such amounts and may pledge all, or any part, of the Trust as security. 

  

	 	(8)	The Trustee is authorized to execute, acknowledge and deliver all documents of transfer and conveyance, receipts, releases, and any other instruments that the
Trustee deems necessary or appropriate to carry out its powers, rights and duties hereunder. 

  

	 	(9)	The Trustee, upon the written direction of the Plan Administrator, is authorized to enter into a transfer agreement with the Trustee of another qualified
retirement plan and to accept a transfer of assets from such retirement plan on behalf of any Employee of the Employer. The Trustee is also authorized, upon the written direction of the Plan Administrator, to transfer some or all of a
Participant’s vested Account Balance to another qualified retirement plan on behalf of such Participant. A transfer agreement entered into by the Trustee does not affect the Plan’s status as a Volume Submitter Plan.

  

	 	(10)	If the Employer maintains more than one Plan, the assets of such Plans may be commingled for investment purposes. The Trustee must separately account for the
assets of each Plan. A commingling of assets does not cause the Trusts maintained with respect to the Employer’s Plans to be treated as a single Trust, except as provided in a separate document authorized in the first paragraph of this
Section 12.03. 

  

	 	(11)	If the Trustee is a bank or similar financial institution, the Trustee is authorized to invest in any type of deposit of the Trustee (including its own money
market fund) at a reasonable rate of interest. 

  

	 	(12)	The Trustee is authorized to invest Plan assets in a common/collective trust fund, or in a group trust fund that satisfies the requirements of IRS Revenue Ruling
81-100. All of the terms and provisions of any such common/collective trust fund or group trust into which Plan assets are invested are incorporated by reference into the provisions of the Trust for this Plan. 

 

	 	(13)	The Trustee must be bonded as required by applicable law. The bonding requirements shall not apply to a bank, insurance company, or similar financial institution
that satisfies the requirements of §412(a)(2) of ERISA. 

  

	12.04	 Voting and Other Rights Related to Employer Stock. Each Participant or Beneficiary of a deceased Participant (referred to herein
collectively as Participant) shall have the right to direct the Trustee as to the manner of voting and the exercise of all other rights which a shareholder of record has with respect to shares (and fractional shares) of Employer Stock which have
been allocated to the Participant’s separate account including, but not limited to, the right to sell or retain shares in a public or private tender offer. All shares (and fractional shares) of Employer Stock for which the Trustee has not
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Participant directions shall be voted or exercised by the Trustee in the same proportion as the shares (and fractional shares) of Employer Stock for which the Trustee received timely Participant
directions, except in the case where to do so would be inconsistent with the provisions of Title I of ERISA. All reasonable efforts shall be made to inform each Participant that shares of Employer Stock for which the Trustee does not receive
Participant direction shall be voted pro rata in proportion to the shares for which the Trustee has received Participant direction. 

 Notwithstanding anything to the contrary, in the event of a tender offer for Employer Stock, the Trustee shall interpret a Participant’s silence as a direction not to tender the shares of Employer
Stock allocated to the Participant’s separate account and, therefore, the Trustee shall not tender any shares (or fractional shares) of Employer Stock for which it does not receive timely directions to tender such shares (or fractional shares)
from Participants, except in the case where to do so would be inconsistent with the provisions of Title I of ERISA. Furthermore, tender offer materials provided to Participants shall specifically inform Participants that the Trustee shall interpret
a Participant’s silence as a direction not to tender the Participant’s shares of Employer Stock. 
 Information
relating to the purchase, holding and sale of securities and the exercise of voting, tender and other similar rights with respect to Employer Stock by Participants and Beneficiaries shall be maintained in accordance with procedures that are designed
to safeguard the confidentiality of such information, except to the extent necessary to comply with Federal laws or State laws not preempted by ERISA. The Trustee shall be the fiduciary who is responsible for ensuring that such procedures are
sufficient to safeguard the confidentiality of the information described above, and that such procedures are followed. 
  

	12.05	Responsibilities of the Employer. The Employer will provide to the Trustee written notification of the appointment of any person or persons as Plan
Administrator, Investment Manager, or other Plan fiduciary, and the names, titles and authorities of any individuals who are authorized to act on behalf of such persons. The Trustee shall be entitled to rely upon such information until it receives
written notice of a change in such appointments or authorizations. 

 The Employer may authorize the Trustee to
enter into a merger agreement with the Trustee of another plan to effect such merger or consolidation. A merger agreement entered into by the Trustee is not part of this Plan and does not affect the assets transferred to this Plan from another plan.

  

	12.06	Effect of Plan Amendment. Any amendment that affects the rights, duties or responsibilities of the Trustee or Plan Administrator may only be made with the
Trustee’s or Plan Administrator’s written consent. Any amendment to the Plan must be in writing and a copy of the resolution (or similar instrument) setting forth such amendment (with the applicable effective date of such amendment) must
be delivered to the Trustee. 

  

	12.07	More than One Trustee. If the Plan has more than one person acting as Trustee, the Trustees may allocate the Trustee responsibilities by mutual agreement
and Trustee decisions will be made by a majority vote (unless otherwise agreed to by the Trustees) or as otherwise provided in a separate trust agreement or other binding document. 

 

	12.08	Annual Valuation. The Plan assets will be valued at least on an annual basis. The Employer may designate more frequent Valuation Dates under AA
§11-1. Notwithstanding any election under AA §11-1, the Trustee and Plan Administrator may agree to value the Trust on a more frequent basis, and/or to perform an interim valuation of the Trust. 

 

	12.09	Reporting to Plan Administrator and Employer. Within 120 days after the end of each Plan Year or within 120 days after its removal or resignation, the
Trustee shall file with the Plan Administrator a written account of the administration of the Trust showing all transactions effected by the Trustee from the last preceding accounting to the end of such Plan Year or date of removal or resignation.
The accounting will include a statement of cash receipts, disbursements and other transactions effected by the Trustee since the date of its last accounting, and such further information as the Trustee and/or Employer deems appropriate. Upon
approval of such accounting by the Plan Administrator, neither the Employer nor the Plan Administrator shall be entitled to any further accounting by the Trustee. The Plan Administrator may approve such accounting by written notice of approval
delivered to the Trustee or by failure to express objection to such accounting in writing delivered to the Trustee within 90 days from the date on which the accounting is delivered to the Plan Administrator. The Trustee shall have sixty
(60) days following its receipt of a written disapproval from the Employer to provide the Employer with a written explanation of the terms in question. If the Employer again disapproves of the accounting, the Trustee may file its accounting
with a court of competent jurisdiction for audit and adjudication. 

  

	12.10	Reasonable Compensation. The Trustee shall be paid reasonable compensation in an amount agreed upon by the Plan Administrator and Trustee. The Trustee
also will be reimbursed for any reasonable expenses or fees incurred in its function as Trustee. An individual Trustee who is already receiving full-time pay as an Employee of the Employer may not receive any additional compensation for services as
Trustee. The Plan will pay the reasonable compensation and expenses incurred by the Trustee, unless the Employer pays such compensation and expenses. Any compensation or expense paid directly by the Employer to the Trustee is not an Employer
Contribution to the Plan. 

  

			
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	12.11	Resignation and Removal of Trustee. The Trustee may resign at any time by delivering to the Employer a written notice of resignation at least thirty
(30) days prior to the effective date of such resignation, unless the Employer consents in writing to a shorter notice period. The Employer and Trustee may agree to a longer notification period prior to the resignation of the Trustee The
Employer may remove the Trustee at any time, with or without cause, by delivering written notice to the Trustee at least 30 days prior to the effective date of such removal. The Employer may remove the Trustee upon a shorter written notice period if
the Employer reasonably determines such shorter period is necessary to protect Plan assets. Upon the resignation, removal, death or incapacity of a Trustee, the Employer may appoint a successor Trustee which, upon accepting such appointment, will
have all the powers, rights and duties conferred upon the preceding Trustee. In the event there is a period of time following the effective date of a Trustee’s removal or resignation before a successor Trustee is appointed, the Employer is
deemed to be the Trustee. During such period, the Trust continues to be in existence and legally enforceable, and the assets of the Plan shall continue to be protected by the provisions of the Trust. 

 

	12.12	Indemnification of Trustee. Except to the extent that it is judicially determined that the Trustee has acted with gross negligence or willful misconduct,
the Employer shall indemnify the Trustee (whether or not the Trustee has resigned or been removed) against any liabilities, losses, damages, and expenses, including attorney, accountant, and other advisory fees, incurred as a result of:

  

	 	(a)	any action of the Trustee taken in good faith in accordance with any information, instruction, direction, or opinion given to the Trustee by the Employer, the
Plan Administrator, Investment Manager, Named Fiduciary or legal counsel of the Employer, or any person or entity appointed by any of them and authorized to give any information, instruction, direction, or opinion to the Trustee;

  

	 	(b)	the failure of the Employer, the Plan Administrator, Investment Manager, Named Fiduciary or any person or entity appointed by any of them to make timely
disclosure to the Trustee of information which any of them or any appointee knows or should know if it acted in a reasonably prudent manner; or 

  

	 	(c)	any breach of fiduciary duty by the Employer, the Plan Administrator, Investment Manager, Named Fiduciary or any person or entity appointed by any of them, other
than such a breach which is caused by any failure of the Trustee to perform its duties under this Trust. 

  

	12.13	Liability of Trustee. The duties and obligations of the Trustee shall be limited to those expressly imposed upon it by this Plan document and Trust or as
subsequently agreed upon by the parties. Responsibility for administrative duties required under the Plan or applicable law not expressly imposed upon or agreed to by the Trustee shall rest solely with the Plan Administrator and the Employer.

 The Employer agrees that the Trustee shall have no liability with regard to the investment or management of
illiquid Plan assets transferred from a prior Trustee, and shall have no responsibility for investments made before the transfer of Plan assets to it, or for the viability or prudence of any investment made by a prior Trustee, including those
represented by assets now transferred to the custody of the Trustee, or for any dealings whatsoever with respect to Plan assets before the transfer of such assets to the Trustee. The Employer shall indemnify and hold the Trustee harmless for any and
all claims, actions or causes of action for loss or damage, or any liability whatsoever relating to the assets of the Plan transferred to the Trustee by any prior Trustee of the Plan, including any liability arising out of or related to any act or
event, including prohibited transactions, occurring prior to the date the Trustee accepts such assets, including all claims, actions, causes of action, loss, damage, or any liability whatsoever arising out of or related to that act or event,
although that claim, action, cause of action, loss, damage, or liability may not be asserted, may not have accrued, or may not have been made known until after the date the Trustee accepts the Plan assets. Such indemnification shall extend to all
applicable periods, including periods for which the Plan is retroactively restated to comply with any tax law or regulation. 
  

	12.14	Appointment of Custodian. The Plan Administrator may appoint a Custodian to hold all or any portion of the Plan assets. A Custodian has the powers, rights
and responsibilities similar to those of a Directed Trustee. The Custodian will be protected from any liability with respect to actions taken pursuant to the direction of the Trustee, Plan Administrator, the Employer, an Investment Manager, a Named
Fiduciary or other third party with authority to provide direction to the Custodian. The Custodian may designate its acceptance of the responsibilities and obligations described under this Plan document by executing the Trustee Declaration Page. The
Employer also may enter into a separate agreement with the Custodian. Such separate agreement must be consistent with the responsibilities and obligations set forth in this Plan document. If there is no Custodian that will be executing the Trustee
Declaration, the provisions of the Trustee Declaration addressing the Custodian (i.e., the Custodian signature provisions) may be removed from the Trustee Declaration Page. 

 

	12.15	Modification of Trust Provisions. The Employer may amend the administrative trust or custodial provisions under this Plan (such as provisions relating to
investments and the duties of trustees), provided the amended provisions are not in conflict with any other provision of the Plan and do not cause the plan to fail to qualify under Code §401(a). The Employer may document any amendment modifying
the trust or custodial provisions under this Plan or other overriding language in an Addendum to the Adoption Agreement. 

  

			
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Section 13 – Participant Loans 
  

 SECTION 13 
 PARTICIPANT LOANS 
  

	13.01	Availability of Participant Loans. The Employer may elect under Appendix B of the Adoption Agreement to permit Participants to take loans from their
vested Account Balance under the Plan. If the Employer elects to permit loans under the Plan, the Employer may elect to use the default loan policy under this Section 13, as modified under Appendix B of the Adoption Agreement, or may establish
an outside loan policy for purposes of administering Participant loans under the Plan. If the Employer adopts a separate written loan policy, the terms of such separate loan policy will control over the terms of this Plan with respect to the
administration of any Participant loans. Any separate written loan policy must satisfy the requirements under Code §72(p) and the regulations thereunder. 

 Participant loans under this Section 13 are available to Participants and Beneficiaries who are parties in interest (as defined in ERISA §3(14)). Unless modified in a separate loan policy, any
reference to Participant under this Section is a reference to a Participant or Beneficiary who is a party in interest. 
 To
receive a Participant loan, a Participant must sign a promissory note along with a pledge or assignment of the portion of the Account Balance used for security on the loan. The loan will be evidenced by a legally enforceable agreement which
specifies the amount and term of the loan, and the repayment schedule. 
  

	13.02	Must be Available in Reasonably Equivalent Manner. Participant loans must be made available to Participants in a reasonably equivalent manner. Participant
loans will not be made available to Highly Compensated Employees in an amount greater than the amount made available to other Employees. The Employer may elect under AA §B-7 to limit the availability of Participant loans to specified events.
For example, the Employer may limit the availability of Participant loans to the occurrence of a hardship event as described in Section 8.10(d)(1)(i). 

 

	13.03	Loan Limitations. A Participant loan may not be made to the extent such loan (when added to the outstanding balance of all other loans made to the
Participant) exceeds the lesser of: 

  

	 	(a)	$50,000 (reduced by the excess, if any, of the Participant’s highest outstanding balance of loans from the Plan during the one-year period ending on the day
before the date on which such loan is made, over the Participant’s outstanding balance of loans from the Plan as of the date such loan is made) or 

  

	 	(b)	 one-half
( 1/2) of the Participant’s vested Account
Balance, determined as of the Valuation Date coinciding with or immediately preceding such loan, adjusted for any contributions or distributions made since such Valuation Date. 

In applying the limitations under this Section 13.03, all plans maintained by the Employer are aggregated and treated as a single
plan. In addition, any assignment or pledge of any portion of the Participant’s interest in the Plan and any loan, pledge, or assignment with respect to any insurance contract purchased under the Plan will be treated as loan under this Section.

  

	13.04	Limit on Amount and Number of Loans. Unless elected otherwise under AA §B4 and/or AA §B-6, or under a separate written loan policy, a
Participant may not receive a Participant loan of less than $1,000 nor may a Participant have more than one Participant loan outstanding at any time. 

  

	 	(a)	Loan renegotiation. A Participant may renegotiate a loan without violating the one outstanding loan requirement to the extent such renegotiated loan is a
new loan (i.e., the renegotiated loan separately satisfies the reasonable interest rate requirement under Section 13.05, the adequate security requirement under Section 13.06, and the periodic repayment requirement under
Section 13.07) and the renegotiated loan does not exceed the limitations under Section 13.03 above, treating both the replaced loan and the renegotiated loan as outstanding at the same time. However, if the term of the renegotiated loan
does not end later than the original term of the replaced loan, the replaced loan may be ignored in applying the limitations under Section 13.03 above. 

 

	 	(b)	Participant must be creditworthy. The Plan Administrator may refuse to make a loan to any Participant who is determined to be not creditworthy. For this
purpose, a Participant is not creditworthy if, based on the facts and circumstances, it is reasonable to believe that the Participant will not repay the loan. A Participant who has defaulted on a previous loan from the Plan and has not repaid such
loan (with accrued interest) at the time of any subsequent loan will be treated as not creditworthy until such time as the Participant repays the defaulted loan (with accrued interest). 

 

	13.05	Reasonable Rate of Interest. All Participant loans will be charged a reasonable rate of interest. For this purpose, the interest rate charged on a
Participant loan must be commensurate with the interest rates charged by persons in the business of lending money for loans under similar circumstances. The Employer may identify alternative methods for determining a reasonable rate of interest
under AA §B-5 or under a separate written loan policy. The Plan Administrator must periodically review its interest rate assumptions to ensure the interest rate charged on Participant loans is reasonable. 

  

			
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 If a Participant is in “military service” while he/she has an outstanding
Participant loan, the applicable interest charged on such loan during the period while the Participant is in “military service” will not exceed 6% per year provided the Participant provides written notice and a copy of his/her call-up
or extension orders to the Plan Administrator within 180 days following the Participant’s termination or release from “military service.” For this purpose, “military service” is as defined in the Soldier’s and
Sailor’s Civil Relief Act of 1940 as modified by the Servicemembers Civil Relief Act of 2003. The Participant may voluntarily waive this 6% interest limitation and the Plan Administrator may petition the court to retain the original interest
rate if the ability to repay is not affected by the Participant’s activation to military duty. 
  

	13.06	Adequate Security. All Participant loans must be adequately secured. The Participant’s vested Account Balance shall be used as security for a
Participant loan provided the outstanding balance of all Participant loans made to such Participant does not exceed 50% of the Participants vested Account Balance, determined immediately after the origination of each loan, and if applicable, the
spousal consent requirements described in Section 13.08 have been satisfied. The Plan Administrator (with the consent of the Trustee) may require a Participant to provide additional collateral to receive a Participant loan if the Plan
Administrator determines such additional collateral is required to protect the interests of Plan Participants. A separate loan policy or written modifications to this loan policy may prescribe alternative rules for obtaining adequate security.
However, the 50% rule in this paragraph may not be replaced with a greater percentage. 

  

	13.07	Periodic Repayment. A Participant loan must provide for level amortization with payments to be made not less frequently than quarterly. A Participant loan
must be payable within a period not exceeding five (5) years from the date the Participant receives the loan from the Plan, unless the loan is for the purchase of the Participant’s principal residence, in which case the loan must be
payable within a reasonable time commensurate with the repayment period permitted by commercial lenders for similar loans. Loan repayments must be made through payroll withholding, except to the extent the Plan Administrator determines payroll
withholding is not practical given the level of a Participant’s wages, the frequency with which the Participant is paid, or other circumstances. 

  

	 	(a)	Unpaid leave of absence. A Participant with an outstanding Participant loan may suspend loan payments to the Plan for up to 12 months for any period
during which the Participant is on an unpaid leave of absence. Upon the Participant’s return to employment (or after the end of the 12-month period, if earlier), the Participant’s outstanding loan will be reamortized over the remaining
period of such loan to make up for the missed payments. The reamortized loan may extend beyond the original loan term so long as the loan is paid in full by whichever of the following dates comes first: (1) the date which is five (5) years
from the original date of the loan (or the end of the suspension, if sooner), or (2) the original loan repayment deadline (or the end of the suspension period, if later) plus the length of the suspension period. 

 

	 	(b)	Military leave. A Participant with an outstanding Participant loan also may suspend loan payments for any period such Participant is on military leave, in
accordance with Code §414(u)(4). Upon the Participant’s return from military leave (or the expiration of five years from the date the Participant began his/her military leave, if earlier), loan payments will recommence under the
amortization schedule in effect prior to the Participant’s military leave, without regard to the five-year maximum loan repayment period. Alternatively, the loan may be reamortized to require a different level of loan payment, as long as the
amount and frequency of such payments are not less than the amount and frequency under the amortization schedule in effect prior to the Participant’s military leave. 

 

	13.08	Spousal Consent. If this Plan is subject to the Joint and Survivor Annuity requirements under Section 9, a Participant may not use his/her Account
Balance as security for a Participant loan unless the Participant’s spouse, if any, consents to the use of such Account Balance as security for the loan. The spousal consent must be made within the 90-day period ending on the date the
Participant’s Account Balance is to be used as security for the loan. Spousal consent is not required, however, if the value of the Participant’s total vested Account Balance does not exceed $5,000. If the Plan is not subject to the Joint
and Survivor Annuity requirements under Section 9, a spouse’s consent is not required to use a Participant’s Account Balance as security for a Participant loan, regardless of the value of the Participant’s Account Balance.

 Any spousal consent required under this Section must be in writing, must acknowledge the effect of the loan, and
must be witnessed by a plan representative or notary public. Any such consent to use the Participant’s Account Balance as security for a Participant loan is binding with respect to the consenting spouse and with respect to any subsequent spouse
as it applies to such loan. A new spousal consent will be required if the Account Balance is subsequently used as security for a renegotiation, extension, renewal, or other revision of the loan. A new spousal consent also will be required only if
any portion of the Participant’s Account Balance will be used as security for a subsequent Participant loan. 
  

	13.09	Designation of Accounts. Unless designated otherwise under AA §B-8 or under a separate loan procedure, Participant loans will first be taken
proportionately from the Participant’s Employer Contribution Account and Matching Contribution Account, to the extent the Participant has a vested interest in such Accounts and subject to the loan limits under Section 13.03. If a
Participant’s total vested Account Balance attributable to the Employer Contribution and Matching Contribution Accounts is not sufficient to satisfy the amount of the loan, the Participant loan will next be taken from the Participant’s
Salary Deferral Account. If the Plan provides for both Pre-Tax Deferrals and Roth Deferrals, the loan will be taken first from the Pre-Tax 

  

			
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 Deferral Account. The Employer may elect under separate loan procedures to modify this
provision with respect to the Pre-Tax and Roth Deferral Account, including allowing the Participant to designate the extent to which the loan will be made from Pre-Tax or Roth Deferral Accounts. Finally, the loan will be taken from the
Participant’s Rollover Contribution Account. 
 A Participant loan will be treated as a segregated investment on behalf of
the individual Participant for whom the loan is made. Each payment of principal and interest paid by a Participant on his/her Participant loan shall be credited to the Participant’s Accounts and investment funds within such Accounts in the same
manner as allocated under the above paragraph. 
  

	13.10	Procedures for Loan Default. A Participant will be considered to be in default with respect to a loan if any scheduled repayment with respect to such loan
is not made by the end of the calendar quarter following the calendar quarter in which the missed payment was due. 

If a Participant defaults on a Participant loan, the Plan may not offset the Participant’s Account Balance until the Participant is
otherwise entitled to an immediate distribution of the portion of the Account Balance which will be offset and such amount being offset is available as security on the loan, pursuant to Section 13.06. For this purpose, a loan default is treated
as an immediate distribution event to the extent the law does not prohibit an actual distribution of the type of contributions which would be offset as a result of the loan default (determined without regard to the consent requirements under
Sections 8.04 and 9.04, so long as spousal consent was properly obtained at the time of the loan, if required under Section 13.08). The Participant may repay the outstanding balance of a defaulted loan (including accrued interest through the
date of repayment) at any time. 
 Pending the offset of a Participant’s Account Balance following a defaulted loan, the
following rules apply to the amount in default. 
  

	 	(a)	Interest continues to accrue on the amount in default until the time of the loan offset or, if earlier, the date the loan repayments are made current or the amount is
satisfied with other collateral. 

  

	 	(b)	A subsequent offset of the amount in default is not reported as a taxable distribution, except to the extent the taxable portion of the default amount was not
previously reported by the Plan as a taxable distribution. 

  

	 	(c)	The post-default accrued interest included in the loan offset is not reported as a taxable distribution at the time of the offset. 

A separate loan policy or written modifications to this loan policy may modify the procedures for determining a loan default. 

 

	13.11	Termination of Employment. 

  

	 	(a)	Offset of outstanding loan. A Participant loan becomes due and payable in full immediately upon the Participant’s termination of employment. Upon a
Participant’s termination, the Participant may repay the entire outstanding balance of the loan (including any accrued interest) within a reasonable period following termination of employment. If the Participant does not repay the entire
outstanding loan balance, the Participant’s vested Account Balance will be reduced by the remaining outstanding balance of the loan (without regard to the consent requirements under Sections 8.04 and 9.04, so long as spousal consent was
properly obtained at the time of the loan, if required under Section 13.08), to the extent such Account Balance is available as security on the loan, pursuant to Section 13.06, and the remaining vested Account Balance will be distributed
in accordance with the distribution provisions under Section 8. If the outstanding loan balance of a deceased Participant is not repaid, the outstanding loan balance shall be treated as a distribution to the Participant and shall reduce the
death benefit amount payable to the Beneficiary under Section 8.08. 

  

	 	(b)	Direct Rollover. Upon termination of employment, a Participant may request a Direct Rollover of the loan note (provided the distribution is an Eligible
Rollover Distribution as defined in Section 8.05(a)(1)) to another qualified plan which agrees to accept a Direct Rollover of the loan note. A Participant may not engage in a Direct Rollover of a loan to the extent the Participant has already
received a deemed distribution with respect to such loan. (See the rules regarding deemed distributions upon a loan default under Section 13.10.) 

  

	 	(c)	Modified loan policy. A separate loan policy or written modifications to this loan policy may modify this Section 13.11, including, but not limited
to: (1) a provision to permit loan repayments to continue beyond termination of employment; (2) to prohibit the Direct Rollover of a loan note; and (3) to provide for other events that may accelerate the Participant’s repayment
obligation under the loan. 

  

			
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Section 14 – Plan Amendments, Termination, Mergers and Transfers 
  

 SECTION 14 
 PLAN AMENDMENTS, TERMINATION, MERGERS AND TRANSFERS 
  

	14.01	Plan Amendments. 

  

	 	(a)	Amendment by the Volume Submitter practitioner. Effective as of the date the IRS issues the Favorable IRS Letter with respect to this Plan, the Volume
Submitter practitioner may amend the Plan on behalf of all adopting Employers (including those Employers who adopt the Plan prior to or after the amendment) for changes in the Code, regulations, revenue rulings, and other statements published by the
Internal Revenue Service, including model, sample or other required good faith amendments (but only if their adoption will not cause such Plan to be individually designed), and for corrections of prior approved plans. These amendments will be
applied to all Employers who have adopted the Plan. 

 The Volume Submitter practitioner will no longer have the
authority to amend the plan on behalf of any adopting Employer as of either: (1) the date the IRS requires the Employer to file Form 5300 as an individually designed plan as a result of an Employer amendment to the plan to incorporate a type of
plan not allowable in the Volume Submitter program, as described in Rev. Proc. 2005-16, or (2) as of the date the Plan is otherwise considered an individually designed plan due to the nature and extent of the amendments. If the Employer is
required to obtain a determination letter for any reason in order to maintain reliance on the Favorable IRS Letter, the Volume Submitter practitioner’s authority to amend the plan on behalf of the adopting Employer is conditioned on the Plan
receiving a favorable determination letter. 
 The Volume Submitter practitioner will maintain, or have maintained on its
behalf, a record of the Employers that have adopted the Plan, and the Volume Submitter practitioner will make reasonable and diligent efforts to ensure that adopting Employers have actually received and are aware of all plan amendments and that such
Employers adopt new documents when necessary. 
  

	 	(b)	Amendment by the Employer. The Employer shall have the right at any time to amend the Adoption Agreement in the following manner without affecting the
Plan’s status as a Volume Submitter Plan. (The ability to amend the Plan as authorized under this subsection (b) applies only to the Employer that executes the Employer Signature Page of the Adoption Agreement. Any amendment to the Plan by
the Employer under this subsection (b) also applies to any other Employer that participates under the Plan as a Participating Employer.) 

  

	 	(1)	The Employer may change any optional selections under the Adoption Agreement. 

 

	 	(2)	The Employer may add overriding language to the Adoption Agreement when such language is necessary to satisfy Code §415 or Code §416 because of the
required aggregation of multiple plans. 

  

	 	(3)	The Employer may change the administrative selections under Appendix C of the Adoption Agreement by replacing the appropriate page(s) within the Adoption
Agreement. Such amendment does not require reexecution of the Employer Signature Page of the Adoption Agreement. 

  

	 	(4)	The Employer may amend administrative provisions of the trust or custodial document, including the name of the Plan, Employer, Trustee or Custodian, Plan
Administrator and other fiduciaries, the trust year, and the name of any pooled trust in which the Plan’s trust will participate. 

  

	 	(5)	The Employer may add certain sample or model amendments published by the IRS which specifically provide that their adoption will not cause the Plan to be treated
as an individually designed plan. 

  

	 	(6)	The Employer may add or change provisions permitted under the Plan and/or specify or change the effective date of a provision as permitted under the Plan and
correct obvious and unambiguous typographical errors and/or cross-references that merely correct a reference but that do not in any way change the original intended meaning of the provisions. 

 

	 	(7)	The Employer may adopt any amendments that it deems necessary to satisfy the requirements for resolving qualification failures under the IRS’ compliance
resolution programs. 

  

	 	(8)	The Employer may adopt an amendment to cure a coverage or nondiscrimination testing failure, as permitted under applicable Treasury regulations.

 The Employer may amend the Plan at any time for any other reason, including a waiver of the minimum funding
requirement under Code §412(d). If such amendment is not deemed to be significant, the Plan will not lose its status as a Volume Submitter Plan. However, if the Employer modifies the language of the Plan or Adoption Agreement (other than the
completion of optional selections (e.g., Describe lines), the Employer will not be able to rely on the Favorable 

  

			
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IRS Letter issued with respect to the Plan and will need to submit the Plan to the IRS for a favorable determination letter to retain reliance. If an amendment to the Plan is deemed significant,
such amendment could cause the Plan to lose its status as a Volume Submitter Plan and become an individually designed plan. 
  

	 	(c)	Reduction of accrued benefit. No amendment to the plan shall be effective to the extent that it has the effect of reducing a Participant’s accrued
benefit. Notwithstanding the preceding sentence, a Participant’s Account Balance may be reduced to the extent permitted under statute (e.g., Code §412(c)(8)), regulations (e.g., Treas. Reg. §1.411(d)-4), or other IRS guidance of
general applicability. For this purpose, a Plan amendment (or other transaction having the effect of a Plan amendment, such as a merger, acquisition, plan transfer, or similar transaction) shall have the effect of reducing a Participant’s
accrued benefit to the extent such amendment eliminates or reduces a protected benefit (as defined in Code §411(d)(6)) with respect to benefits accrued prior to the adoption date (or effective date, if later) of the Plan amendment. If the
adoption of this Plan will result in the elimination of a protected benefit, the Employer may preserve such protected benefit by identifying the protected benefit in accordance with AA §11-7. Failure to identify protected benefits under the
Adoption Agreement will not override the requirement that such protected benefits be preserved under this Plan. The availability of each optional form of benefit under the Plan must not be subject to Employer discretion. 

If the Plan is a Profit Sharing Plan or a Profit Sharing/401(k) Plan, the Employer may eliminate or restrict the ability of a Participant
to receive payment of his/her Account Balance under a particular form of benefit for distributions with annuity starting dates after the date the amendment is adopted if, after the amendment is effective with respect to the Participant, the
Participant has the ability to elect to receive distribution in the form of a lump sum that is otherwise identical to the optional form of benefit being eliminated or restricted. For this purpose, a lump sum distribution form is otherwise identical
only if the lump sum distribution form is identical in all respects to the eliminated or restricted optional form of benefit (or would be identical except that it provides greater rights to the participant) except with respect to the timing of
payments after commencement. 
  

	 	(d)	Effective Date of Plan Amendments. If the Plan is restated or amended, such restatement or amendment is generally effective as of the Effective Date of
the restatement or amendment (as designated on the Employer Signature Page with respect to such amendment), except where the context indicates a reference to an earlier Effective Date. The Employer may designate special effective dates for
individual provisions under the Plan where provided in the Adoption Agreement or under Appendix A of the Adoption Agreement. 

  

	 	(1)	Retroactive Effective Date. If the Plan is amended retroactively (e.g., to add language required to comply with IRS guidance or law), the provisions of
this Plan generally override the provisions of any prior Plan. However, if the provisions of this Plan are different from the provisions of the Employer’s prior plan and, after the retroactive Effective Date of this Plan, the Employer operated
in compliance with the provisions of the prior plan, the provisions of such prior plan are incorporated into this Plan for purposes of determining whether the Employer operated the Plan in compliance with its terms, provided operation in compliance
with the terms of the prior plan do not violate any qualification requirements under the Code, regulations, or other IRS guidance. 

  

	 	(2)	Retroactive effect of EGTRRA provisions. This Plan is designed to comply with the Code, regulations, and general guidance applicable to qualified
retirement plans, including the provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA). If this Plan is being restated or amended to comply with the provisions of EGTRRA, the Plan contains special effective dates for
such provisions that apply with respect to such provisions. If the Plan is amended within the remedial amendment period for retroactive compliance with the EGTRRA provisions, the special effective dates for such provisions (as described below) will
apply, even if such special effective dates precede the Effective Date of the amendment designated on the Employer Signature Page of the Adoption Agreement. Thus, if the Plan is being restated or amended to comply with EGTRRA, and Effective Date of
this restatement or amendment is later than the special effective date applicable to of any of the EGTRRA provisions described below, such special effective dates will apply and any prior plan being replaced by this Plan will be considered to have
been timely amended for the EGTRRA provisions. 

 The following provisions contain special effective dates for
purposes of complying with the requirements of 
 EGTRRA: 

 

	 	(i)	Compensation Limit. The increase in the Compensation Limit to $200,000, as described in Section 1.24, is effective for Plan Years beginning on or
after January 1, 2002. 

  

	 	(ii)	Rollovers disregarded for purposes of Involuntary Cash-Outs. Section 8.04(b) provides that, effective for distributions made after December 31,
2001, Rollover Contributions are disregarded in applying the Involuntary Cash-Out provisions of the Plan. 

  

			
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	 	(iii)	Hardship provisions. The hardship provisions under Sections 8.10(d)(1)(ii)(C) and (D) modify the suspension requirements applicable to Safe Harbor
hardship distributions, effective for Hardship distributions made on or after January 1, 2002. 

  

	 	(iv)	Catch-Up Contributions. Section 3.03(d) sets forth the provisions applicable to Catch-Up Contributions under the Plan. To the extent Catch-Up
Contributions are authorized under the Plan, the Catch-Up Contribution provisions are effective for calendar years beginning on or after January 1, 2002. 

 

	 	(v)	Loans to owner-employees and shareholder-employees. If the Plan permits Participant loans, then effective for Participant loans made after
December 31, 2001, any Plan provisions prohibiting loans to owner-employee or Shareholder-Employee shall cease to apply. 

  

	 	(vi)	Maximum Permissible Amount. The Maximum Permissible Amount described in Section 5.03(c)(6) is modified effective for Limitation Years beginning on or
after January 1, 2002. 

  

	 	(vii)	Top Heavy provisions. Section 4 sets forth the rules applicable to Top Heavy Plans, as modified by EGTRRA. To the extent applicable, the provisions
under Section 4 are effective for Plan Years beginning on or after January 1, 2002. 

  

	 	(viii)	Safe Harbor provisions. Section 6.04(i) provides that, effective for years beginning after December 31, 2001, a Safe Harbor Plan that only
provides for Safe Harbor Contributions is deemed to satisfy the Top Heavy requirements. 

  

	 	(ix)	Vesting schedule for Matching Contributions. The vesting schedule applicable to Matching Contributions is modified effective for Plan Years beginning on
or after January 1, 2002. 

  

	 	(x)	Direct Rollovers. The Direct Rollover provisions under Section 8.05 are effective for distributions made after December 31, 2001.

  

	 	(xi)	Multiple use test. The multiple use test described under Treas. Reg. §1.401(m)(2) does not apply for any Plan Year beginning on or after
January 1, 2002. 

  

	 	(xii)	Distribution of Salary Deferrals, QNECs, QMACs and Safe Harbor Contributions. The provisions under Section 8.10(c) allowing for distribution of
Salary Deferrals, QNECs, QMACs, and Safe Harbor Contribution upon severance of employment is effective for distributions occurring on or after January 1, 2002. 

 

	 	(3)	Merged plans. Except for retroactive application of the EGTRRA provisions pursuant to subsection (1) above, if one or more qualified retirement plans
have been merged into this Plan, the provisions of the merging plan(s) will remain in full force and effect until the Effective Date of the plan merger(s), unless provided otherwise under Appendix A of the Adoption Agreement.

  

	14.02	Amendment to Correct Coverage or Nondiscrimination Violation. 

 

	 	(a)	 Amendment within correction period under Treas. Reg. §1.401(a)(4)-11(g). If the Plan fails the minimum coverage test under Code
§410(b) or the nondiscrimination requirements under Code §401(a)(4) for any Plan Year, the Employer may amend the Plan to correct the coverage or nondiscrimination violation within 9 1/2 months after the end of the Plan Year, as permitted under Treas.
Reg. §1.401(a)(4)-11(g). 

  

	 	(b)	Fail-Safe Coverage Provision. If the Employer has elected to apply a last day of the Plan Year allocation condition and/or an Hours of Service allocation
condition, the Employer may elect under AA §11-5 to apply the Fail-Safe Coverage Provision described in this subsection (b). Under the Fail-Safe Coverage Provision, if the Plan fails to satisfy the ratio percentage coverage requirements under
Code §410(b) for a Plan Year due to the application of a last day of the Plan Year allocation condition and/or an Hours of Service allocation condition, such allocation condition(s) will be automatically eliminated for the Plan Year for certain
Employees, under the process described in subsections (1) through (2) below, until enough Employees are benefiting under the Plan so that the ratio percentage test of Treasury Regulation §1.410(b)-2(b)(2) is satisfied.

 If the Employer elects to have the Fail-Safe Coverage Provision apply, such provision automatically applies for
any Plan Year for which the Plan does not satisfy the ratio percentage coverage test under Code §410(b). (Except as provided in the following paragraph, the Plan may not use the average benefits test to comply with the minimum coverage
requirements if the Fail-Safe Coverage Provision is elected.) The Plan satisfies the ratio percentage test if the percentage of the Nonhighly Compensated Employees under the Plan is at least 70% of the percentage of the Highly 

  

			
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Compensated Employees who benefit under the Plan. An Employee is benefiting for this purpose only if he/she actually receives an allocation of Employer Contributions or forfeitures or, if testing
coverage of a 401(m) arrangement (i.e., a Plan that provides for Matching Contributions and/or After-Tax Contributions), the Employee would receive an allocation of Matching Contributions by making the necessary contributions or the Employee is
eligible to make After-Tax Contributions. To determine the percentage of Nonhighly Compensated Employees or Highly Compensated Employees who are benefiting, the following Employees are excluded for purposes of applying the ratio percentage test:
(i) Employees who have not satisfied the Plan’s minimum age and service conditions under Section 2.03; (ii) Nonresident Alien Employees; (iii) Union Employees; and (iv) Employees who terminate employment during the Plan
Year with less than 501 Hours of Service and do not benefit under the Plan. 
 Under the Fail-Safe Coverage Provision, certain
Employees who are not benefiting for the Plan Year as a result of a last day of the Plan Year allocation condition or an Hours of Service allocation condition will participate under the Plan based on whether such Employees are Category 1 Employees
or Category 2 Employees. If after applying the Fail-Safe Coverage Provision, the Plan does not satisfy the ratio percentage coverage test, the Fail-Safe Coverage Provision does not apply, and the Plan may use any other available method (including
the average benefit test) to satisfy the minimum coverage requirements under Code §410(b). 
  

	 	(1)	Service-based method. 

  

	 	(i)	Category 1 Employees – Nonhighly Compensated Employees who are still employed by the Employer on the last day of the Plan Year but who failed to
satisfy the Plan’s Hours of Service condition. The Hours of Service allocation condition will first be eliminated for Category 1 Employees (who did not receive an allocation under the Plan due to the Hours of Service allocation
condition) beginning with the Category 1 Employee(s) credited with the most Hours of Service for the Plan Year and continuing with the Category 1 Employee(s) with the next most Hours of Service until the ratio percentage test is satisfied. If two or
more Category 1 Employees have the same number of Hours of Service, the allocation condition will be eliminated for those Category 1 Employees starting with the Category 1 Employee(s) with the lowest Plan Compensation. If the Plan still fails to
satisfy the ratio percentage test after all Category 1 Employees receive an allocation, the Plan proceeds to Category 2 Employees. 

  

	 	(ii)	Category 2 Employees—Nonhighly Compensated Employees) who terminated employment during the Plan Year with more than 500 Hours of Service. The last
day of the Plan Year allocation condition will then be eliminated for Category 2 Employees (who did not receive an allocation under the Plan due to the last day of the Plan Year allocation condition) beginning with the Category 2 Employee(s) who
terminated employment closest to the last day of the Plan Year and continuing with the Category 2 Employee(s) with a termination of employment date that is next closest to the last day of the Plan Year until the ratio percentage test is satisfied.
If two or more Category 2 Employees terminate employment on the same day, the allocation condition will be eliminated for those Category 2 Employees starting with the Category 2 Employee(s) with the lowest Plan Compensation.

  

	 	(2)	Special rule for Top Heavy Plans. In applying the Fail-Safe Coverage Provision under this Section 14.02, if the Plan is a Top-Heavy Plan, the
Employer may first eliminate the Hours of Service allocation condition for all Non-Key Employees who are Nonhighly Compensated Employees, prior to applying the Fail-Safe Coverage Provisions described above. 

 

	14.03	Plan Termination. The Employer may terminate this Plan at any time by delivering to the Trustee and Plan Administrator written notice of such termination.

  

	 	(a)	Full and immediate vesting. Upon a full or partial termination of the Plan (or in the case of a Profit Sharing Plan, the complete discontinuance of
contributions), all amounts credited to an affected Participant’s Account become 100% vested, regardless of the Participant’s vested percentage determined under Section 7.02. The Plan Administrator has discretion to determine whether
a partial termination has occurred. 

  

	 	(b)	Distribution upon Plan termination. Upon the termination of the Plan, the Plan Administrator shall direct the distribution of Plan assets to Participants
in accordance with the provisions under Section 8. For purposes of applying the provisions of this subsection (b), distribution may be delayed until the Employer receives a favorable determination letter from the IRS as to the qualified status
of the Plan upon termination, provided the determination letter request is made within a reasonable period following the termination of the Plan. 

  

	 	(1)	 General distribution procedures. Upon termination of the Plan, distribution shall be made to Participants with vested Account Balances of
$5,000 or less in lump sum as soon as administratively feasible following the Plan termination, regardless of any contrary election under AA §9. No consent is necessary for a distribution of a

  

			
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vested Account Balance of $5,000 or less. For Participants with vested Account Balances in excess of $5,000, distribution will be made through the purchase of deferred annuity contracts which
protect all protected benefits under the Plan (as defined in Code §411(d)(6)), unless a Participant elects to receive an immediate distribution in any form of payment permitted under the Plan. If an immediate distribution is elected in a form
other than a lump sum, the distribution will be satisfied through the purchase of an immediate annuity contract. Distributions will be made as soon as administratively feasible following the Plan termination, regardless of any contrary election
under AA §9. 

  

	 	(2)	Special rule for certain Profit Sharing Plans. If this Plan is a Profit Sharing Plan or Profit Sharing/401(k) Plan, distribution will be made to all
Participants in the form of a lump sum, without consent, as soon as administratively feasible following the termination of the Plan, without regard to the value of the Participants’ vested Account Balance. This special rule applies only if the
Plan does not provide for an annuity option under AA §9-1 and the Employer (or any Related Employer) does not maintain another Defined Contribution Plan (other than an ESOP defined in Code §4975(e)(8)) at any time between the termination
of the Plan and the distribution. If the Employer (or Related Employer) maintains another Defined Contribution Plan (other than an ESOP), then the Participant’s Account Balance will be transferred, without the Participant’s consent, to the
other plan, if the Participant does not consent to an immediate distribution (to the extent consent is required under subsection (1). 

  

	 	(3)	Special rules for 401(k) Plans. If this Plan is a Profit Sharing/401(k) Plan, a distribution of Salary Deferrals, QMACs, QNECs, and Safe Harbor
Contributions may be distributed in a lump sum upon Plan termination only if the Employer does not maintain another Defined Contribution Plan (other than an ESOP (as defined in Code §4975(e)(7) or §409(a)), a SEP (as defined in Code
§408(k)), a SIMPLE IRA (as defined in Code §408(p)), a plan or contract described in Code §403(b) or a plan described in Code §457(b) or (f)), at any time during the period beginning on the date of termination and ending 12
months after the final distribution of all Plan assets. This subsection (3) will not apply to restrict distribution upon termination of the Plan if at all times during the 24-month period beginning 12 months before the Plan termination, fewer
than 2% of the Participants under the Profit Sharing/401(k) Plan are eligible under the other Defined Contribution Plan. This subsection (3) also will not apply to the extent a Participant may take a distribution under another permissible
distribution event. 

  

	 	(4)	Missing Participants. Upon termination of the Plan, if any Participant cannot be located after a reasonable diligent search (as defined in
Section 7.10(c)(1)), the Plan Administrator may make a direct rollover to an IRA selected by the Plan Administrator. For this purpose, the Plan Administrator will adopt procedures similar to the procedures required under Section 8.06 for
making Automatic Rollovers in applying the provisions under this subsection (4). An Automatic Rollover under this subsection (4) may be made on behalf of any missing Participant, regardless of the value of his/her vested Account Balance under
the Plan. 

  

	 	(c)	Termination upon merger, liquidation or dissolution of the Employer. The Plan shall terminate upon the liquidation or dissolution of the Employer or the
death of the Employer (if the Employer is a sole proprietor) provided however, that in any such event, arrangements may be made for the Plan to be continued by any successor to the Employer. 

 

	14.04	Merger or Consolidation. In the event the Plan is merged or consolidated with another plan, each Participant must be entitled to a benefit immediately
after such merger or consolidation that is at least equal to the benefit the Participant would have been entitled to had the Plan terminated immediately before such merger or consolidation. 

If the Employer’s amends the Plan from one type of Defined Contribution Plan (e.g., a Money Purchase Plan) into another type of
Defined Contribution Plan (e.g., a Profit Sharing Plan) will not result in a partial termination or any other event that would require full vesting of some or all Plan Participants. 

 

	14.05	Transfer of Assets. The Plan may accept a transfer of assets from another qualified retirement plan on behalf of any Employee, even if such Employee is
not eligible to receive other contributions under the Plan. If a transfer of assets is made on behalf of an Employee prior to the Employee’s becoming a Participant, the Employee shall be treated as a Participant for all purposes with respect to
such transferred amount. Any assets transferred to this Plan from another plan must be accompanied by written instructions designating the name of each Employee for whose benefit such amounts are being transferred, the current value of such assets,
and the sources from which such amounts are derived. The Plan Administrator will deposit any transferred assets in the appropriate Participant’s Transfer Account. The Transfer Account will contain any sub-Accounts necessary to separately track
the sources of the transferred assets. Each sub-Account will be treated in the same manner as the corresponding Plan Account. 

 The Plan Administrator may refuse to accept a transfer of assets if the Plan Administrator reasonably believes the transfer (1) is not being made from a proper qualified plan; (2) could
jeopardize the tax-exempt status of the Plan; or (3) could create adverse tax consequences for the Plan or the Employer. Prior to accepting a transfer of assets, the Plan Administrator may require

  

			
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evidence documenting that the transfer of assets meets the requirements of this Section. The Trustee will have no responsibility to determine whether the transfer of assets meets the requirements
of this Section; to verify the correctness of the amount and type of assets being transferred to the Plan; or to perform a due diligence review with respect to such transfer. 

 

	 	(a)	Protected benefits. Except in the case of a Qualified Transfer (as defined in subsection (d) below), a transfer of assets is initiated at the Plan
level and does not require Participant or spousal consent. If the Plan Administrator directs the Trustee to accept a transfer of assets to this Plan, the Participant on whose behalf the transfer is made retains all protected benefits (as defined in
Code §411(d)(6)) that applied to such transferred assets under the transferor plan. 

  

	 	(b)	Application of QJSA requirements. Except in the case of a Qualified Transfer (as defined in subsection (d)), if the Plan accepts a transfer of assets from
another plan which is subject to the Qualified Joint and Survivor Annuity requirements (as described in Section 9), the amounts transferred to this Plan continue to be subject to the QJSA requirements. If this Plan is not otherwise subject to
the QJSA requirements (as determined under AA §9-2), the QJSA requirements apply only to the extent the transferred amounts were subject to the Qualified Joint and Survivor Annuity requirements under the transferor plan. The Employer must
maintain such amounts in a separate Transfer Account under this Plan in order to apply the QJSA rules to such transferred amounts. The Employer may override this default rule by checking AA §9-2(a) of the Profit Sharing Plan or Profit
Sharing/401(k) Plan Adoption Agreement thereby subjecting the entire Plan to the QJSA requirements. 

  

	 	(c)	Transfers from a Defined Benefit Plan, Money Purchase Plan or 401(k) Plan. 

 

	 	(1)	Transfer from Defined Benefit Plan. The Plan will not accept a transfer of assets from a Defined Benefit Plan unless such transfer qualifies as a
Qualified Transfer (as defined in subsection (d) below) or the assets transferred from the Defined Benefit Plan are in the form of paid-up annuity contracts which protect all of the Participant’s protected benefits (as defined under Code
§411(d)(6)) under the Defined Benefit Plan. 

 However, the Plan may accept a transfer of assets from a
Defined Benefit Plan maintained by the Employer in order to comply with the qualified replacement plan requirements under Code §4980(d) (relating to the excise tax on reversions from a qualified plan). A transfer made pursuant to Code
§4980(d) will be allocated as Employer Contributions either in the Plan Year in which the transfer occurs, or over a period of Plan Years (not exceeding the maximum period permitted under Code §4980(d)), as provided in the applicable
transfer agreement. To the extent a transfer described in this paragraph is not totally allocable in the Plan Year in which the transfer occurs, the portion which is not allocable will be credited to a suspense account until allocated in accordance
with the transfer agreement. 
  

	 	(2)	Transfer from Money Purchase Plan. If this Plan is a Profit Sharing Plan or a 401(k) Plan and the Plan accepts a transfer of assets from a money purchase
plan (other than as a Qualified Transfer as defined in subsection (d) below), the amounts transferred (and any gains attributable to such transferred amounts) continue to be subject to the distribution restrictions applicable to money purchase
plan assets under the transferor plan. Such amounts may not be distributed for reasons other than death, disability, attainment of Normal Retirement Age, or termination of employment, regardless of any distribution provisions under this Plan that
would otherwise permit a distribution prior to such events. 

  

	 	(3)	401(k) Plan. If the Plan accepts a transfer of Salary Deferrals, QMACs, QNECs, or Safe Harbor Contributions from a 401(k) plan, such amounts retain their
character under this Plan and such amounts (including any allocable gains or losses) remain subject to the distribution restrictions applicable to such amounts under the Code. If the Plan accepts a transfer of Roth Deferrals, the Plan must continue
to apply the Roth Deferral rules (as described in Section 3.03(e)) to such transferred Roth Deferrals. 

  

	 	(d)	Qualified Transfer. The Plan may eliminate certain protected benefits (as provided under subsection (3) below) related to plan assets that are
received in a Qualified Transfer from another plan. A Qualified Transfer is a plan-to-plan transfer of a Participant’s benefits that meets the requirements under subsection (1) or (2) below. 

 

	 	(1)	Elective transfer. A plan-to-plan transfer of a Participant’s benefits from another qualified plan is a Qualified Transfer if such transfer satisfies
the following requirements. 

  

	 	(i)	The Participant must have the right to receive an immediate distribution of his/her benefits under the transferor plan at the time of the Qualified Transfer. For
transfers that occur on or after January 1, 2002, the Participant must not be eligible at the time of the Qualified Transfer to take an immediate distribution of his/her entire benefit in a form that would be entirely eligible for a Direct
Rollover. 

  

	 	(ii)	The Participant on whose behalf benefits are being transferred must make a voluntary, fully informed election to transfer his/her benefits to this Plan.

  

			
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	 	(iii)	The Participant must be provided an opportunity to retain the protected benefits under the transferor plan. This requirement is satisfied if the Participant is
given the option to receive an annuity that protects all protected benefits under the transferor plan or the option of leaving his/her benefits in the transferor plan. 

 

	 	(iv)	The Participant’s spouse must consent to the Qualified Transfer if the transferor plan is subject to the Joint and Survivor Annuity requirements under
Section 9. The spouse’s consent must satisfy the requirements for a Qualified Election under Section 9.04. 

  

	 	(v)	The amount transferred (along with any contemporaneous Direct Rollover) must not be less than the value of the Participant’s vested benefit under the
transferor plan. 

  

	 	(vi)	The Participant must be fully vested in the transferred benefit. 

  

	 	(2)	Transfer upon specified events. A plan-to-plan transfer of a Participant’s entire benefit (other than amounts the Plan accepts as a Direct Rollover)
from another Defined Contribution Plan that is made in connection with an asset or stock acquisition, merger, or other similar transaction involving a change in the Employer or is made in connection with a Participant’s change in employment
status that causes the Participant to become ineligible for additional allocations under the transferor plan, is a Qualified Transfer if such transfer satisfies the following requirements: 

 

	 	(i)	The Participant need not be eligible for an immediate distribution of his/her benefits under the transferor plan. 

 

	 	(ii)	The Participant on whose behalf benefits are being transferred must make a voluntary, fully informed election to transfer his/her benefits to this Plan.

  

	 	(iii)	The Participant must be provided an opportunity to retain the protected benefits under the transferor plan. This requirement is satisfied if the Participant is
given the option to receive an annuity that protects all protected benefits under the transferor plan or the option of leaving his/her benefits in the transferor plan. 

 

	 	(iv)	The benefits must be transferred between plans of the same type. To satisfy this requirement, the transfer must satisfy the following requirements:

  

	 	(A)	To accept a Qualified Transfer under this subsection (2) from a money purchase plan, this Plan also must be a money purchase plan. 

 

	 	(B)	To accept a Qualified Transfer under this subsection (2) from a 401(k) plan, this Plan also must be a 401(k) plan. 

 

	 	(C)	To accept a Qualified Transfer under this subsection (2) from a profit sharing plan, this Plan may be any type of Defined Contribution Plan.

  

	 	(3)	Treatment of Qualified Transfer. 

  

	 	(i)	Rollover Contribution Account. If the Plan Administrator directs the Trustee to accept on behalf of a Participant a transfer of assets that qualifies as a
Qualified Transfer, the Plan Administrator will treat such amounts as a Rollover Contribution and will deposit such amounts in the Participant’s Rollover Contribution Account. A Qualified Transfer may include benefits derived from After-Tax
Contributions. 

  

	 	(ii)	Elimination of protected benefits. If the Plan accepts a Qualified Transfer, the Plan does not have to protect any protected benefits (defined under Code
§411(d)(6)) derived from the transferor plan. However, if the Plan accepts a Qualified Transfer that meets the requirements for a transfer under subsection (2) above, the Plan must continue to protect the QJSA benefit if the transferor
plan is subject to the QJSA requirements. 

  

	 	(e)	Trustee’s right to refuse transfer. If the assets to be transferred to the Plan under this Section 14.05 are not susceptible to proper valuation
and identification or are of such a nature that their valuation is incompatible with other Plan assets, the Trustee may refuse to accept the transfer of all or any specific asset, or may condition acceptance of the assets on the sale or disposition
of any specific asset. 

  

			
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 SECTION 15 
 MISCELLANEOUS 
  

	15.01	Exclusive Benefit. Plan assets will not be used for, or diverted to, a purpose other than the exclusive benefit of Participants or their Beneficiaries.

 No amendment may authorize or permit any portion of the assets held under the Plan to be used for or diverted to
a purpose other than the exclusive benefit of Participants or their Beneficiaries, except to the extent such assets are used to pay taxes or administrative expenses of the Plan. An amendment also may not cause or permit any portion of the assets
held under the Plan to revert to or become property of the Employer. 
  

	15.02	Return of Employer Contributions. Upon written request by the Employer, the Trustee must return any Employer Contributions provided that the circumstances
and the time frames described below are satisfied. The Trustee may request the Employer to provide additional information to ensure the amounts may be properly returned. Any amounts returned shall not include earnings, but must be reduced by any
losses. 

  

	 	(a)	Mistake of fact. Any Employer Contributions made because of a mistake of fact must be returned to the Employer within one year of the contribution.

  

	 	(b)	Disallowance of deduction. Employer Contributions to the Trust are made with the understanding that they are deductible. In the event the deduction of an
Employer Contribution is disallowed by the IRS, such contribution (to the extent disallowed) must be returned to the Employer within one year of the disallowance of the deduction. 

 

	 	(c)	Failure to initially qualify. Employer Contributions to the Plan are made with the understanding, in the case of a new Plan, that the Plan satisfies the
qualification requirements of Code §401(a) as of the Plan’s Effective Date. In the event that the Internal Revenue Service determines that the Plan is not initially qualified under the Code, any Employer Contributions (and allocable
earnings) made incident to that initial qualification must be returned to the Employer within one year after the date the initial qualification is denied, but only if the application for the qualification is made by the time prescribed by law for
filing the employer’s return for the taxable year in which the plan is adopted, or such later date as the Secretary of the Treasury may prescribe. 

  

	15.03	Alienation or Assignment. Except as permitted under applicable statute or regulation, a Participant or Beneficiary may not assign, alienate, transfer or
sell any right or claim to a benefit or distribution from the Plan, and any attempt to assign, alienate, transfer or sell such a right or claim shall be void, except as permitted by statute or regulation. Any such right or claim under the Plan shall
not be subject to attachment, execution, garnishment, sequestration, or other legal or equitable process. This prohibition against alienation or assignment also applies to the creation, assignment, or recognition of a right to a benefit payable with
respect to a Participant pursuant to a domestic relations order, unless such order is determined to be a QDRO pursuant to Section 11.06, or any domestic relations order entered before January 1, 1985. 

 

	15.04	Participants’ Rights. The adoption of this Plan by the Employer does not give any Participant, Beneficiary, or Employee a right to continued
employment with the Employer and does not affect the Employer’s right to discharge an Employee or Participant at any time. This Plan also does not create any legal or equitable rights in favor of any Participant, Beneficiary, or Employee
against the Employer, Plan Administrator or Trustee. Unless the context indicates otherwise, any amendment to this Plan is not applicable to determine the benefits accrued (and the extent to which such benefits are vested) by a Participant or former
Employee whose employment terminated before the effective date of such amendment, except where application of such amendment to the terminated Participant or former Employee is required by statute, regulation or other guidance of general
applicability. Where the provisions of the Plan are ambiguous as to the application of an amendment to a terminated Participant or former Employee, the Plan Administrator has the authority to make a final determination on the proper interpretation
of the Plan. 

  

	15.05	Military Service. To the extent required under Code §414(u), an Employee who returns to employment with the
Employer following a period of qualified military service will receive any contributions, benefits and service credit required under Code §414(u), provided the Employee satisfies all applicable requirements under the Code and regulations.

  

	15.06	Annuity Contract. Any annuity contract distributed under the Plan must be nontransferable. In addition, the terms of any annuity contract purchased and
distributed to a Participant or to a Participant’s spouse must comply with all requirements under this Plan. 

  

	15.07	Use of IRS Compliance Programs. Nothing in this Plan document should be construed to limit the availability of the IRS’ voluntary compliance
programs, An Employer may take whatever corrective actions are permitted under the IRS voluntary compliance programs, as is deemed appropriate by the Plan Administrator or Employer. If the Employer’s Plan fails to attain or retain
qualification, such Plan will no longer participate in this Volume Submitter Plan and will be considered an individually designed plan. 

  

			
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	15.08	Governing Law. The provisions of this Plan shall be construed, administered, and enforced in accordance with the provisions of applicable Federal Law and,
to the extent applicable, the laws of the state in which the Trustee has its principal place of business. The foregoing provisions of this Section shall not preclude the Employer and the Trustee from agreeing to a different state law with respect to
the construction, administration and enforcement of the Plan. 

  

	15.09	Waiver of Notice. Any person entitled to a notice under the Plan may waive the right to receive such notice, to the extent such a waiver is not prohibited
by law, regulation or other pronouncement. 

  

	15.10	Use of Electronic Media. The Plan Administrator may use telephonic or electronic media to satisfy any notice requirements required by this Plan, to the
extent permissible under regulations (or other generally applicable guidance). In addition, a Participant’s consent to immediate distribution, as required by Section 8.04, may be provided through telephonic or electronic means, to the
extent permissible under regulations (or other generally applicable guidance). The Plan Administrator also may use telephonic or electronic media to conduct plan transactions such as enrolling participants, making (and changing) salary reduction
elections, electing (and changing) investment allocations, applying for Plan loans, and other transactions, to the extent permissible under regulations (or other generally applicable guidance). 

 

	15.11	Severability of Provisions. In the event that any provision of this Plan shall be held to be illegal, invalid or unenforceable for any reason, the
remaining provisions under the Plan shall be construed as if the illegal, invalid or unenforceable provisions had never been included in the Plan. 

  

	15.12	Binding Effect. The Plan, and all actions and decisions made thereunder, shall be binding upon all applicable parties, and their heirs, executors,
administrators, successors and assigns. 

  

			
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 SECTION 16 
 PARTICIPATING EMPLOYERS 
  

	16.01	Participation by Participating Employers. An Employer (other than the Employer that executes the Employer Signature Page of the Adoption Agreement) may
elect to participate under this Plan by executing a Participating Employer Adoption Page under the Adoption Agreement. A Participating Employer (including a Related Employer defined in Section 1.108) may not contribute to this Plan unless it
executes the Participating Employer Adoption Page. If an unrelated Employer executes a Participating Employer Adoption Page, the Plan will be a Multiple Employer Plan (see Section 16.07 for special rules applicable to Multiple Employer Plans).

  

	16.02	Participating Employer Adoption Page. 

  

	 	(a)	Application of Plan provisions. By executing a Participating Employer Adoption Page, a Participating Employer adopts all the provisions of the Plan,
including the elective choices made by the signatory Employer under the Adoption Agreement. The Participating Employer may elect under the Participating Employer Adoption Page to modify the elective provisions under the Adoption Agreement as they
apply to the Participating Employer. 

  

	 	(b)	Plan amendments. In addition, unless provided otherwise under the Participating Employer Adoption Page, a Participating Employer is bound by any
amendments made to the Plan in accordance with Section 14.01. 

  

	 	(c)	Trustee designation. The Participating Employer agrees to use the same Trustee as is designated on the Trustee Declaration under the Agreement, except as
provided in a separate trust agreement. 

  

	16.03	Compensation of Related Employers. In applying the provisions of this Plan, Total Compensation (as defined in Section 1.127) includes amounts earned
with a Related Employer, regardless of whether such Related Employer executes a Participating Employer Adoption Page. The Employer may elect under AA §5-2(h) to exclude amounts earned with a Related Employer that does not execute a
Participating Employer Adoption Page for purposes of determining an Employee’s Plan Compensation. 

  

	16.04	Allocation of Contributions and Forfeitures. Unless selected otherwise under the Participating Employer Adoption Page, any contributions made by a
Participating Employer (and any forfeitures relating to such contributions) will be allocated to all Participants employed by the Employer and Participating Employers in accordance with the provisions under this Plan. A Participating Employer may
elect under the Participating Employer Adoption Page to allocate its contributions (and forfeitures relating to such contributions) only to the Participants employed by the Participating Employer making such contributions. If so elected, Employees
of the Participating Employer will not share in an allocation of contributions (or forfeitures relating to such contributions) made by any other Participating Employer (except in such individual’s capacity as an Employee of that other
Participating Employer). Thus, for example, a Participating Employer may make a different discretionary contribution and allocate such contribution only to its Employees. Where contributions are allocated only to the Employees of a contributing
Participating Employer, a separate accounting must be maintained of Employees’ Account Balances attributable to the contributions of a particular Participating Employer. This separate accounting is necessary only for contributions that are not
100% vested, so that the allocation of forfeitures attributable to such contributions can be allocated for the benefit of the appropriate Employees. An election to allocate contributions and forfeitures only to the Participants employed by the
Participating Employer making such contributions will preclude the Plan from satisfying the nondiscrimination safe harbor rules under Treas. Reg. §1.401(a)(4)-2 and may require additional nondiscrimination testing. (See Section 16.07 for
special coverage and nondiscrimination testing requirements applicable to Multiple Employer Plans.) 

  

	16.05	Discontinuance of Participation by a Participating Employer. A Participating Employer may discontinue its participation under the Plan at any time. To
document a Participating Employer’s cessation of participation, the following procedures should be followed: (1) the Participating Employer should adopt a resolution that formally terminates active participation in the Plan as of a
specified date, (2) the Employer that has executed the Employer Signature Page of the Adoption Agreement should reexecute such page, indicating an amendment by page substitution through the deletion of the Participating Employer Adoption Page
executed by the withdrawing Participating Employer, and (3) the withdrawing Participating Employer should provide any notices to its Employees that are required by law. Discontinuance of participation means that no further benefits accrue after
the effective date of such discontinuance with respect to employment with the withdrawing Participating Employer. The portion of the Plan attributable to the withdrawing Participating Employer may continue as a separate plan, under which benefits
may continue to accrue, through the adoption by the Participating Employer of a successor plan (which may be created through the execution of a separate Adoption Agreement by the Participating Employer) or by spin-off of the portion of the Plan
attributable to such Participating Employer followed by a merger or transfer into another existing plan, as specified in a merger or transfer agreement. 

  

	16.06	Operational Rules for Related Employer Groups. If an Employer has one or more Related Employers, the Employer and such Related Employer(s) constitute a
Related Employer group. In such case, the following rules apply to the operation of the Plan. 

  

			
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Section 16 – Participation by Participating Employers 

 

	 	(a)	If the term “Employer” is used in the context of administrative functions necessary to the operation, establishment, maintenance, or termination of the
Plan, only the Employer executing the Employer Signature Page under the Adoption Agreement, and any Related Employer executing a Participating Employer Adoption Page, is treated as the Employer. 

 

	 	(b)	Hours of Service are determined by treating all members of the Related Employer group as the Employer. 

 

	 	(c)	The term Excluded Employee is determined by treating all members of the Related Employer group as the Employer, except as specifically provided in the Plan.

  

	 	(d)	Compensation is determined by treating all members of the Related Employer group as the Employer, except as specifically provided in the Plan.

  

	 	(e)	An Employee is not treated as terminated from employment if the Employee is employed by any member of the Related Employer group. 

 

	 	(f)	The Code §415 Limitation described in Section 5.03 and the Top Heavy Plan rules described in Section 4 are applied by treating all members of the
Related Employer group as the Employer. 

 In all other contexts, the term “Employer” generally means a
reference to all members of the Related Employer group, unless the context requires otherwise. If the terms of the Plan are ambiguous with respect to the treatment of the Related Employer group as the Employer, the Plan Administrator has the
authority to make a final determination on the proper interpretation of the Plan. 
  

	16.07	Special rules for Multiple Employer Plans. If an Employer (other than a Related Employer) executes a Participating Employer Adoption Page under the
Adoption Agreement, the Plan is treated as a Multiple Employer Plan. Treatment of the Plan as a Multiple Employer Plan will not affect reliance on the Favorable IRS Letter issued to the Volume Submitter Sponsor or any determination letter issued on
the Plan. If the Plan is a Multiple Employer Plan, the following qualification rules apply. 

  

	 	(a)	Eligibility requirements. If the Plan is a Multiple Employer Plan, the eligibility rules under Section 2 are applied as if the Employees of all
Employers participating in the Multiple Employer Plan are employed by a single Employer. 

  

	 	(b)	Vesting rules. If the Plan is a Multiple Employer Plan, the vesting rules under Section 7 are applied as if the Employees of all Employers
participating in the Multiple Employer Plan are employed by a single Employer. 

  

	 	(c)	Code §415 Limit. If the Employer is a Multiple Employer Plan, the Code §415 Limit under Section 5.03 is applied as if the Employees of all
Employers participating in the Multiple Employer Plan are employed by a single Employer. Thus, if a Participant receives contributions from more than one Employer within the Multiple Employer Plan, such contributions must be aggregated for purposes
of applying the Code §415 Limit. For this purpose, Total Compensation from all participating Employers may be considered in applying the Code §415 Limit. 

 

	 	(d)	Top Heavy rules. If the Plan is a Multiple Employer Plan, the determination of whether the Plan is Top Heavy under Section 4 is made separately with
respect to each Employer (that is not a Related Employer) that participates in the Plan, taking into account only the Account Balances of Employees of that Employer. If the Plan is a Top Heavy Plan with respect to a Participating Employer, the
minimum benefit required under Section 4.04 is determined based solely on the Employees of the Top Heavy Employer. The failure of any Participating Employer to satisfy the Top Heavy requirements for a particular Plan Year may affect the
qualified status of the entire Plan. 

  

	 	(e)	Minimum coverage and nondiscrimination testing. Each Participating Employer (that is not a Related Employer) that participates in a Multiple Employer Plan
must separately satisfy the minimum coverage requirements under Code §410(b) and the nondiscrimination requirements under Code §401(a)(4) (including the ADP and ACP Tests if the Plan is a 401(k) Plan) taking into account only Employees of
that Employer. The failure of any participating Employer to satisfy the minimum coverage or nondiscrimination rules for a particular Plan Year may affect the qualified status of the entire Plan. 

 

	 	(f)	Other rules applicable to Multiple Employer Plans. To the extent not addressed in this Section 16.07, the rules under Code §413(c) and
applicable regulations will apply to a Multiple Employer Plan. 

  

			
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Appendix A: Actuarial Factors 
  

 APPENDIX A 
 ACTUARIAL FACTORS 
 (For use with age-based allocation formula)

 Actuarial Factor Table. The following table sets forth Actuarial Factors based on a testing age of 65, an interest rate of
8.5% and a UP-1984 mortality table. The Actuarial Factors in this table must be modified if the Employer uses a testing age other than age 65 or selects a different interest rate or mortality table under AA §6-3(e). To determine a
Participant’s Actuarial Factor, use the factor corresponding to the number of years to the Participant’s testing age. The number of years to the testing age is determined by counting the number of years from the last day of the current
plan year to the last day of the plan year in which the Participant reaches the testing age. If the Participant has reached the testing age as of the last day of the current Plan Year, the number of years is 0 for that year and all subsequent years.

  

							
	 Years to Testing

Age
	  	Actuarial
Factor	  	Years to Testing
Age	  	Actuarial
Factor
	 0
	  	0.07949	  	25	  	0.01034
	 1
	  	0.07326	  	26	  	0.00953
	 2
	  	0.06752	  	27	  	0.00878
	 3
	  	0.06223	  	28	  	0.00810
	 4
	  	0.05736	  	29	  	0.00746
	 5
	  	0.05286	  	30	  	0.00688
	 6
	  	0.04872	  	31	  	0.00634
	 7
	  	0.04490	  	32	  	0.00584
	 8
	  	0.04139	  	33	  	0.00538
	 9
	  	0.03814	  	34	  	0.00496
	 10
	  	0.03516	  	35	  	0.00457
	 11
	  	0.03240	  	36	  	0.00422
	 12
	  	0.02986	  	37	  	0.00389
	 13
	  	0.02752	  	38	  	0.00358
	 14
	  	0.02537	  	39	  	0.00330
	 15
	  	0.02338	  	40	  	0.00304
	 16
	  	0.02155	  	41	  	0.00280
	 17
	  	0.01986	  	42	  	0.00258
	 18
	  	0.01831	  	43	  	0.00238
	 19
	  	0.01687	  	44	  	0.00219
	 20
	  	0.01555	  	45	  	0.00202
	 21
	  	0.01433	  	46	  	0.00186
	 22
	  	0.01321	  	47	  	0.00172
	 23
	  	0.01217	  	48	  	0.00158
	 24
	  	0.01122	  	49	  	0.00146

  

			
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Appendix B: Interim Amendment #1 – Final §415 and §411(d)(6) Regulations and Relief for Hurricanes Katrina, Wilma and Rita

  

 APPENDIX B 
 INTERIM AMENDMENT #1 
 FINAL §415 AND §411(d)(6) REGULATIONS AND
RELIEF FOR HURRICANES KATRINA, WILMA AND RITA 
  

	B-1.01	Compliance with Plan Qualification Requirements. The provisions of this Appendix B (and the elective provisions under AA §IA1) are intended to
qualify as a good-faith amendment to document the Plan’s compliance with the final regulations under Code §415 and the provisions of Section 1400Q of the Gulf Opportunity Zone Act of 2005. The provisions of this Appendix B supersede
any contrary provisions under the Plan. The provisions under this Appendix B and the provisions of AA§ IA1 are incorporated into the document as of May 1, 2008 for all Plans adopted on or after such date. 

 

	B-2.01	Effective Date of Amendments. 

  

	 	(a)	Code §415 regulations. Unless specifically designated otherwise, the amendments under Section B-3.01 addressing the provisions under the final Code
§415 regulations are effective for Limitation Years beginning on or after July 1, 2007. 

  

	 	(b)	Code §411(d)(6) regulations. The amendments under Section B-3.02 addressing the application of the anti-cutback rules under Code §411(d)(6) are
effective for Plan amendments adopted after August 9, 2006. 

  

	 	(c)	Hurricane Katrina, Wilma and Rita amendments. The amendments under Section B-3.03 addressing the provisions of Section 1400Q of the Gulf Opportunity
Zone Act of 2005 relating to distributions and loans made to Participants residing in areas affected by Hurricanes Katrina, Rita and Wilma are only effective to the extent a distribution or loan has been made to a qualified individual pursuant to
the provisions of Section B-3.03. 

  

	B-3.01	Final Regulations Under Code §415. 

  

	 	(a)	 Post-Severance Compensation. Effective for the first limitation year beginning on or after July 1, 2007 (or any other date
designated in AA §IA1-1(c)), Total Compensation (as defined in Section 1.127) includes compensation that is paid after an Employee severs employment with the Employer, provided the compensation is paid by the later of 2 1/2 months after severance from employment with the Employer
maintaining the Plan or the end of the Limitation Year that includes such date of severance from employment. For this purpose, compensation paid after severance of employment may only be included in Total Compensation to the extent such amounts
would have been included as compensation if they were paid prior to the Employee’s severance from employment. 

 For purposes of applying this subsection (a), unless designated otherwise under AA §IA1-1(a), the following amounts that are paid after a Participant’s severance of employment are included in
Total Compensation: 
  

	 	(1)	Regular pay. 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; 

  

	 	(2)	Unused leave payments. Payment for unused accrued bona fide sick, vacation, or other leave, but only if the Employee would have been able to use the leave
if employment had continued; and 

  

	 	(3)	Deferred compensation. Payments received by an Employee pursuant to a nonqualified unfunded deferred compensation plan, but only if the payment would have
been paid to the Employee at the same time if the Employee had continued in employment and only to the extent that the payment is includible in the Employee’s gross income. 

Other post-severance payments (such as severance pay, parachute payments within the meaning of Code §280G(b)(2), or post-severance
payments under a nonqualified unfunded deferred compensation plan that would not had been paid if the Employee had continued in employment) are not included as Total Compensation, even if such amounts are paid within the time period described in
this subsection (a). 
 In determining the amount of a Participant’s Employer Contributions, Matching Contributions or
Salary Deferrals, Plan Compensation may not include any amounts that do not satisfy the requirements of this subsection (a) or subsection (b). If Total Compensation is defined to include post-severance compensation, the Employer may elect to
exclude all such compensation paid after termination of employment from the definition of Plan Compensation under AA §5-2(j) or may elect to exclude any of the specific types of post-severance compensation defined in subsections (1),
(2) and/or (3) above, by designating such compensation types under AA §5-2(k). The exclusion of post-severance compensation from the definition of Plan Compensation that is otherwise includible in Total Compensation may cause the Plan
to fail the nondiscriminatory compensation rules under Treas. Reg. §1.414(s)-1. 

  

			
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Appendix B: Interim Amendment #1 – Final §415 and §411(d)(6) Regulations 

and Relief for Hurricanes Katrina, Wilma and Rita 

 

	 	(b)	Continuation payments for military service and disabled Participants. 

 

	 	(1)	Payments for military service. Unless designated otherwise under AA §IA1-1(b)(1), Total Compensation does not include any payments to an individual
who does not currently perform services for the Employer by reason of qualified military service (as defined in Code §414(u)(1)) to the extent those 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. If so elected under AA §IA1-1(b)(1), such amounts will be included as Total Compensation, notwithstanding the rules under subsection (a).

  

	 	(2)	Payments following permanent and total disability. Unless designated otherwise under AA §IA1-1(b)(2), Total Compensation does not include
compensation paid to a Participant who is permanently and totally disabled (as defined in Code §22(e)(3)). If elected under AA §IA1-1(b)(2), the Plan may take into account compensation the Participant would have received for the year if
the Participant was paid at the rate of compensation paid immediately before becoming permanently and totally disabled (if such compensation is greater than the Participant’s compensation determined without regard to this subsection (2)),
provided contributions made with respect to amounts treated as compensation under this subsection (2) are nonforfeitable when made. 

 If so elected under AA §IA1-1(b)(2), such amounts will be included as Total Compensation, notwithstanding the rules under subsection (a). The Employer may elect under AA §IA1-1(b)(2) to apply
this rule only to Nonhighly Compensated Employees or to all Participants. 
  

	 	(c)	Definition of Compensation. The definition of compensation under Treas. Reg. §1.415-2(b) includes amounts that are includible in the gross income of
an Employee under the rules of Code §409A or §457(f)(1)(A) or because the amounts are constructively received by the Employee. 

  

	 	(d)	Few weeks rule. Total Compensation for a Limitation Year may include amounts earned during that Limitation Year but not paid during that Limitation Year
solely because of the timing of pay periods and pay dates if: 

  

	 	(1)	These amounts are paid during the first few weeks of the next limitation year; 

 

	 	(2)	The amounts are included on a uniform and consistent basis with respect to all similarly situated employees; and 

 

	 	(i)	No compensation is included in more than one limitation year. 

  

	 	(e)	Restorative payments. Restorative payments are not considered Annual Additions for any Limitation Year. For this purpose, restorative payments are
payments made to restore losses to the Plan resulting from actions (or a failure to act) by a fiduciary for which there is a reasonable risk of liability under Title I of ERISA or under other applicable federal or state law, where Participants who
are similarly situated are treated similarly with respect to the payments. Examples of restorative payments include payments made pursuant to a Department of Labor order, the Department of Labor’s Voluntary Fiduciary Correction Program, or a
court-approved settlement, to restore losses to the Plan on account of the breach of fiduciary duty (other than a breach of fiduciary duty arising from failure to remit contributions to the Plan). Payments made to the Plan to make up for losses due
merely to market fluctuations and other payments that are not made on account of a reasonable risk of liability for breach of a fiduciary duty under Title I of ERISA are not restorative payments and generally constitute contributions that give rise
to Annual Additions. 

  

	 	(f)	Corrective provisions. The Plan is amended to eliminate any specific correction methods for correcting excess annual additions. If the Plan is eligible
for self correction under Rev. Proc. 2006-27 (or successive guidance), the Employer may use reasonable correction methods (including the correction methods described in § 1.415-6(b)(6) of the 1981 IRS regulations) to the extent permitted under
the IRS correction program. 

  

	 	(g)	Change of Limitation Year. Where there is a change of Limitation Year, a “short” Limitation Year exists for the period beginning with the first
day of the Limitation Year and ending on the day before the change in Limitation Year is effective. For this purpose, if the Plan is terminated effective as of a date other than the last day of the Limitation Year, the Plan is treated as if it were
amended to change its Limitation Year. 

  

	B-3.02	Protection of Benefits under Code §411(d)(6). 

  

	 	(a)	 Amendment of vesting schedule. If the Plan’s vesting schedule is amended or the Plan is amended in any way that directly or
indirectly affects the computation of a Participant’s nonforfeitable percentage, or if the Plan is deemed amended by an automatic change to or from a top-heavy vesting schedule, 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 

  

			
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nonforfeitable percentage (determined as of such date) of such Employee’s account balance will not be less than the percentage computed under the Plan without regard to such amendment or
change. With respect to benefits accrued as of the later of the adoption or effective date of the amendment, 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. 

  

	 	(b)	Reduction of accrued benefit. A Plan amendment may not decrease the accrued benefit of any Participant, except as provided in Code §412(c)(8), ERISA
§4281, or other applicable law For purposes of this section, a plan amendment includes any changes to the terms of a plan, including changes resulting from a merger, consolidation, or transfer (as defined in Code §414(l)) or a Plan
termination. The rules of this subsection (b) apply to a Plan amendment that decreases a Participant’s benefit, or otherwise places greater restrictions or conditions on a Participant’s right to protected benefits, even if the
amendment merely adds a restriction or condition that is permitted under the vesting rules in Code §411. However, such an amendment does not violate this subsection (b) to the extent it applies with respect to benefits that accrue after
the applicable amendment date. An amendment that satisfies the applicable requirements under DOL Reg. §2530.203-2(c) relating to Vesting Computation Periods does not fail to satisfy the requirements of this subsection (b) merely because
the amendment changes the Plan’s Vesting Computation Period. 

  

	B-3.03	Special Distribution and Loan Rules for Participants Affected by Hurricanes Katrina, Rita, And Wilma. 

 

	 	(a)	In general. This Section B-3.03 sets forth the provisions of Section 1400Q of the Gulf Opportunity Zone Act of 2005 relating to distributions and
loans made to Participants residing in areas affected by Hurricanes Katrina, Rita and Wilma. The provisions of this Section B-3.03 will apply only to the extent a distribution or loan has been made to a qualified individual pursuant to the
provisions of this Section B-3.03. If the Plan does not operationally apply the rules under this Section B-3.03, such provisions do not apply to the Plan. To the extent this Section B-3.03 applies to the Plan, the provisions of this Section B-3.03
supersede any inconsistent provisions of the Plan or loan program. 

  

	 	(b)	Tax-favored withdrawals of Qualified Hurricane Distributions. 

 

	 	(1)	Eligibility for Qualified Hurricane Distribution. A Qualified Individual may take a Qualified Hurricane Distribution without regard to any distribution
restrictions otherwise applicable under the Plan. A Qualified Hurricane Distribution is not subject to the early distribution penalty under Code §72(t). 

 

	 	(i)	Definition of Qualified Hurricane Distribution. A Qualified Hurricane Distribution is a distribution to a qualified individual as described in Code
§1400Q(a)(4)(A). 

  

	 	(ii)	Limit on amount of Qualified Hurricane Distributions. The aggregate amount of Qualified Hurricane Distributions received by an individual for any taxable
year (from all plans maintained by the Employer and any member of a controlled group which includes the Employer) may not exceed the excess (if any) of $100,000, over the aggregate amounts treated as Qualified Hurricane Distributions received by
such individual for all prior taxable years. 

  

	 	(2)	Income inclusion spread over 3-year period. Unless a qualified individual elects not to have this paragraph apply for any taxable year, a Qualified
Hurricane Distribution is not required to be included in gross income for the taxable year of distribution but shall be included in gross income ratably over the 3-taxable year period beginning with the taxable year of the distribution.

  

	 	(3)	Repayment of Qualified Hurricane Distribution. A Participant who received a Qualified Hurricane Distribution from the Plan or another eligible retirement
plan (as defined in Code §402(c)(8)(B)) may, at any time during the 3-year period beginning on the day after the receipt of such distribution, make one or more rollover contributions to the Plan in an aggregate amount that does not exceed the
amount of such Qualified Hurricane Distribution. This subsection (3) only applies if the Plan permits rollover contributions. 

  

	 	(c)	Recontributions of qualified hardship distributions. A Participant who received a qualified hardship distribution (as described in Code
§1400Q(b)(2)), may make one or more rollover contributions to the Plan during the applicable period (as described in Code §1400Q(b)(3)), in an aggregate amount not to exceed the amount of such qualified hardship distribution. This
subsection (c) only applies if the Plan permits rollover contributions. 

  

	 	(d)	Special loan rules. 

  

	 	(1)	 Increased Participant loan limits. Notwithstanding the Participant loan limitations under the Plan, for purposes of determining the
maximum amount of a Participant loan for a qualified individual (as defined in Code §1400Q(c)(3)) during the applicable period (described in Code §1400Q(c)(4)), the loan limits under Section 13.03 of the Plan shall be applied by
substituting “$100,000” for “$50,000” under Section 13.03(a) and 

  

			
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“the Participant’s vested Account Balance” for “one-half
( 1/2) of the Participant’s vested Account Balance” under Section 13.03(b). 

  

	 	(2)	Delayed loan repayment date. If a qualified individual has an outstanding Participant loan on or after the Qualified Beginning Date described below, and
the due date for repayment of such loan occurs during the period beginning on the qualified beginning date (as defined in Code §1400Q(c)(4)) and ending on December 31, 2006: 

 

	 	(i)	the due date for repayment of the Participant loan shall be delayed for 1 year; 

 

	 	(ii)	any subsequent repayments with respect to such loan shall be appropriately adjusted to reflect the delay in the due date under subsection (i) and any
interest accruing during such delay; and 

  

	 	(iii)	in determining the 5-year period and the term of the loan under Section 13.07 of the Plan, the 1-year delay period described in subsection (i) shall be
disregarded. 

  

			
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Appendix C: Interim Amendment #2 – Pension Protection Act of 2006 (PPA) 
  

 APPENDIX C 
 INTERIM AMENDMENT #2 
 PENSION PROTECTION ACT OF 2006 (PPA)

  

	C-1.01	Compliance with Pension Protection Act of 2006. The provisions of this Appendix C (and the elective provisions under AA §IA2) are intended to qualify
as a good-faith amendment to document the Plan’s compliance with the plan qualification requirements under the Pensions Protection Act of 2006 (PPA) and other IRS guidance. This amendment supersedes any contrary provisions under the Plan. The
provisions under this Appendix C and the provisions of AA§ IA2 are incorporated into the document as of May 1, 2008 for all Plans adopted on or after such date. 

 

	C-2.01	Qualification Requirements under PPA. 

  

	 	(a)	Vesting Requirements. Effective for Plan Years beginning on or after January 1, 2007, any employer contributions under the Plan will vest in
accordance with the vesting schedule designated under AA §IA2-1. This subsection (a) does not apply to the extent the Plan does not provide for Employer Contributions. 

 

	 	(1)	Permissible vesting schedules. Effective for Plan Years beginning on or after January 1, 2007, any Employer Contributions provided under the Plan
must vest in accordance with either a three-year cliff vesting schedule or a six-year graded vesting schedule. Under the 3-year cliff vesting schedule, an Employee is 100% vested after 3 Years of Service. Prior to the third Year of Service, the
vesting percentage is zero. Under the 6-year graded vesting schedule, an Employee vests in his/her Employer Contribution Account in the following manner: 

After 2 Years of Service – 20% vesting 

After 3 Years of Service – 40% vesting 

After 4 Years of Service – 60% vesting 

After 5 Years of Service – 80% vesting 

After 6 Years of Service – 100% vesting 

 

	 	(2)	Application of vesting schedule. Any vesting schedule designated under AA §IA2-1(a) does not apply to any Employee that does not complete an Hour of
Service for vesting purposes in a Plan Year beginning on or after January 1, 2007. In applying the vesting schedule, the Plan will take into account all vesting service under the Plan, unless designated otherwise under AA §8-4. If AA
§IA2-1(b) is selected, the vesting schedule designated under AA §IA2-1(a) will apply only to Employer Contributions made for Plan Years beginning on or after January 1, 2007. 

 

	 	(3)	Vesting schedule elections. If the vesting schedule applicable to Employer Contributions under AA §8-2 already satisfies the requirements under
subsection (1) above, that vesting schedule may continue to apply and the Employer is not required to make an election under AA §1A1-1. 

  

	 	(b)	Direct Rollover by Non-Spouse Beneficiary. Unless elected otherwise under AA §IA2-2, effective for distributions made on or after January 1,
2007, a non-spouse beneficiary (as defined in Code §401(a)(9)(E)) may elect to directly rollover an Eligible Rollover Distribution to an individual retirement account under Code §408(a) or an individual retirement annuity under Code
§408(b). In order to be able to roll over the distribution, the distribution otherwise must satisfy the definition of an Eligible Rollover Distribution (as defined in Section 8.05(a)(1)). In applying this subsection (b), a non-spouse
rollover will not be subject to the direct rollover requirements under Code §401(a)(31), the rollover notice requirements under Code §402(f) or the mandatory withholding requirements under Code §3405(c). 

 

	 	(c)	Hardship Distributions. 

  

	 	(1)	Application of hardship distributions rules with respect to primary beneficiaries. If elected under AA §IA2-3, if the Plan otherwise permits Hardship
distributions based on the safe harbor hardship provisions under Section 8.10(d)(1), the existence of an immediate and heavy financial need under 8.10(d)(1)(i) may be determined with respect to a primary beneficiary under the Plan. For this
purpose, a primary beneficiary is an individual who is named as a beneficiary under the Plan and has an unconditional right to all or a portion of a Participant’s Account Balance upon the death of the Participant. Hardship distributions with
respect to primary beneficiaries under this subsection (1) are limited to hardship distributions on account of medical expenses, educational expenses and funeral expenses (as described in Section 8.10(d)(1)(i)(A), (C) and (E)). Any
Hardship distribution with respect to a primary beneficiary must satisfy all the other requirements applicable to Hardship distributions under Section 8.10(d) of the Plan. 

 

	 	(2)	Election to apply hardship distribution rules with respect to primary beneficiaries. Unless specifically elected under AA §IA2-3, the Hardship
distribution provisions of the Plan do not apply with respect to primary beneficiaries. 

  

			
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	 	(d)	Direct Rollover of Non-Taxable Amounts. Notwithstanding any other provision of the Plan, effective for taxable years beginning on or after January 1,
2007, an Eligible Rollover Distribution may include the portion of any distribution that is not includible in gross income. For this purpose, an Eligible Retirement Plan includes a Defined Contribution or Defined Benefit Plan qualified under Code
§401(a) and a tax-sheltered annuity plan under Code §403(b), provided the rollover is accomplished through a direct rollover and the recipient Eligible Retirement Plan separately accounts for any amounts attributable to the rollover of any
nontaxable distribution and earnings thereon. 

  

	 	(e)	Rollovers to Roth IRA. For distributions occurring on or after January 1, 2008, a Participant or beneficiary (including a non-spousal beneficiary to
the extent permitted under subsection (b) above), may rollover an Eligible Rollover Distribution (as defined in Section 8.05(a)(1)) to a Roth IRA, provided the Participant (or beneficiary) satisfies the requirements for making a Roth
contribution under Code §408A(c)(3)(B). Any amounts rolled over to a Roth IRA will be included in gross income to the extent such amounts would have been included in gross income if not rolled over (as required under Code §408A(d)(3)(A)).
For purposes of this subsection (e), the Plan Administrator is not responsible for assuring the Participant (or beneficiary) is eligible to make a rollover to a Roth IRA. 

 

	 	(f)	Distribution Notice Periods. Notwithstanding any other provision of the Plan, effective for Plan Years beginning on or after January 1, 2007, the
period for providing the rollover notice as required under Code §402(f) (see Section 8.05(b)), the period for providing the notice regarding Participant (and spousal) consent as required under Code §417 (see Section 9.02(b)) and
the period for providing the notice of a Participant’s right to defer receipt of a distribution under Code §411(a)(11) (see Section 8.04(c)) will be no less than 30 days and no more than 180 days before the date of distribution.

  

	 	(g)	Content of Notice of a Participant’s Right to Defer Receipt of a Distribution. Effective for Plan Years beginning on or after January 1, 2007,
the notice relating to a Participant’s right to defer receipt of a distribution under Code §411(a)(11) must include a description of the consequences of a Participant’s decision not to defer the receipt of a distribution.

  

	 	(h)	Qualified Domestic Relations Orders. Effective April 6, 2007, a domestic relations order otherwise meeting the requirements to be a qualified
domestic relations order (QDRO) under Code §414(p)(3) shall not fail to be treated as a QDRO solely because: 

  

	 	(1)	the order is issued after, or revises, another domestic relations order or QDRO; or 

 

	 	(2)	of the time at which the order is issued, including orders issued after the death of the Participant. 

Any QDRO described in this subsection (h) shall be subject to the same requirements and protections which apply to QDROs under Code
§414(p)(7). 
  

	 	(i)	Diversification Requirements for Defined Contribution Plans Invested in Employer Securities. For Plan Years beginning on or after January 1, 2007,
the following rules apply with respect to Defined Contribution Plans that provide for the investment of Plan assets in publicly-traded Employer securities. 

 

	 	(1)	Employer Contributions invested in Employer securities. If any portion of the Account of a Participant attributable to Employer Contributions (other than
Salary Deferrals) is invested in Employer securities, if the Participant (including a beneficiary of such Participant) has completed at least 3 Years of Service for vesting purposes, such Participant may elect to direct the Plan to divest any such
securities and to reinvest an equivalent amount in other investment options meeting the requirements of subsection (4). 

  

	 	(2)	Salary Deferrals and After-Tax Contributions invested in Employer securities. If any portion of the Account of a Participant attributable to Salary
Deferrals or Employee contributions (under the Profit Sharing/401(k) Plan) is invested in Employer securities, such Participant may elect to direct the Plan to divest any such securities and to reinvest an equivalent amount in other investment
options meeting the requirements of subsection (4). 

  

	 	(3)	Phase-in of diversification requirements. To the extent Employer securities are acquired with Employer Contributions during a Plan Year beginning before
January 1, 2007, the provisions under subsection (1) above shall only apply a percentage of such securities (applied separately for each class of securities), as determined below. 

 

	 	(i)	Phase-in percentage. For purposes of applying the phase-in rules under this subsection (3), the phase-in rules apply to the following percentage of
Employer securities based on the Plan Year for which these requirements apply. 

  

			
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	 Plan Year
	  	Applicable Percentage
	 2007
	  	  33
	 2008
	  	  66
	 2009 and later
	  	100

  

	 	(ii)	Exception for certain Participants over age 55. The phase-in rules under this subsection (3) will not apply to Participants who have attained age 55
and completed at least 3 Years of Service for vesting purposes before the first Plan Year beginning on or after January 1, 2006. 

  

	 	(4)	Investment options. The requirements of this Section C-2.01(i) are met if the Plan offers not less than three (3) investment options, in addition to
Employer securities, to which the Participant may direct the proceeds from the divestment of employer securities pursuant to this paragraph, each of which is diversified and has materially different risk and return characteristics. The Plan may
provide reasonable limits on the time for divestment and reinvestment opportunities, provided such limits allow for at least quarterly divestment and reinvestment opportunities. Except as provided in regulations, the Plan may not impose restrictions
or conditions on the investment of Employer securities which are not imposed on the investment of other Plan assets, other than restrictions or conditions imposed by reason of the application of securities laws or other guidance.

  

	 	(5)	Exceptions for certain plans. The diversification requirements under this Section C-2.01(i) do not apply to: 

 

	 	(i)	One-participant plans. A plan that on the first day of the Plan Year covered only one individual (or the individual and the individual’s spouse) and
the individual owned 100 percent of the Employer (whether or not incorporated), or covered only one or more partners (or partners and their spouses) and such plan: 

 

	 	(A)	meets the minimum coverage requirements of Code §410(b) without being combined with any other plan of the Employer; 

 

	 	(B)	does not provide benefits to anyone except the individual (and the individual’s spouse) or the partners (and their spouses); 

 

	 	(C)	does not cover any Related Employers (as defined in Section 1.108); and 

 

	 	(D)	does not cover an Employer that uses the services of Leased Employees (within the meaning of Code §414(n)). 

 

	 	(ii)	Certain employee stock ownership plans. An employee stock ownership plan (“ESOP”) if: (i) there are no contributions to such plan (or
allocable earnings) attributable to elective deferrals or matching contributions, and (ii) such plan is not aggregated (pursuant to Code §414(l)) with any other defined contribution plan or defined benefit plan maintained by the same
Employer. 

  

	 	(6)	Certain plans treated as holding publicly-traded Employer securities. Except as provided in regulations, a plan holding Employer securities which are not
publicly traded Employer securities shall be treated as holding publicly-traded Employer securities if any Employer corporation, or any or any member of a controlled group of corporations which includes such Employer corporation, has issued a class
of stock which is a publicly traded Employer security. This subsection (6) will not apply if no Employer corporation, or parent corporation of an Employer corporation (as defined in Code §424(e)), has issued any publicly-traded Employer
security, and no Employer corporation, or parent corporation of an Employer corporation, has issued any special class of stock which grants particular rights to, or bears particular risks for, the holder or issuer with respect to any corporation
described in this subsection (6) which has issued any publicly-traded Employer security. For purposes of this subsection (6), the term controlled group of corporations has the meaning given such term by Code §1563(a), except that 50% shall
be substituted for 80% each place it appears. 

  

	 	(j)	In-Service Distributions from Pension Plans. Unless elected otherwise under AA §IA2-4, for Plan Years beginning after January 1, 2007, if the
Plan is a pension plan (e.g., a money purchase plan or a plan that holds transferred assets from a money purchase plan), a Participant may not receive an in-service distribution of his/her vested Account Balance prior to attainment of Normal
Retirement Age (to the extent permitted under AA §10-1). 

  

	 	(k)	Penalty-Free Withdrawals for Individuals Called to Active Duty. Effective September 11, 2001, the distribution provisions applicable to elective
deferrals include a Qualified Reservist Distribution, as defined in subsection (1) below. If a Participant takes a Qualified Reservist Distribution, such distributions will not be subject to the 10% penalty tax under Code §72(t).

  

			
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	 	(1)	Qualified Reservist Distribution. For purposes of this subsection (k), a Qualified Reservist Distribution means any distribution to an individual if:

  

	 	(i)	such distribution is from amounts attributable to elective deferrals described in Code §402(g)(3)(A) or (C) or Code §501(c)(18)(D)(iii),

  

	 	(ii)	such individual was (by reason of being a member of a reserve component (as defined in §101 of Title 37 of the United States Code)) ordered or called to
active duty for a period in excess of 179 days or for an indefinite period, and 

  

	 	(iii)	such distribution is made during the period beginning on the date of such order or call and ending at the close of the active duty period.

  

	 	(2)	Active duty. For purposes of this subsection (k), a Qualified Reservist Distribution will only be available for individuals who are ordered or called into
active duty after September 11, 2001, and before December 31, 2007. 

  

	 	(l)	Qualified Optional Survivor Annuity. If the Plan is subject to the Qualified Joint and Annuity requirements pursuant to Section 9.01, effective for
distributions with an Annuity Starting Date in Plan Years beginning on or after January 1, 2008, in addition to the QJSA form of benefit (as set forth in AA §9-2), a Participant (and spouse) may elect to receive distribution in the form of
a Qualified Optional Survivor Annuity (QOSA). For this purpose, the QOSA is an annuity for the life of the Participant with a survivor annuity for the life of the Participant’s spouse that is equal to the “applicable percentage” of
the amount of the annuity that is payable during the joint lives of the Participant and the spouse and is the actuarial equivalent of a single life annuity for the life of the Participant 

If the survivor annuity provided by the QJSA under the Plan is less than 75% of the annuity payable during the joint lives of the
Participant and spouse, the “applicable percentage” is 75%. If the survivor annuity provided by the QJSA under the Plan is greater than or equal to 75% of the annuity payable during the joint lives of the Participant and spouse, the
“applicable percentage” is 50%. 
 In applying the provisions under this subsection (l), a Participant (and spouse)
may only waive out of the QJSA pursuant to a Qualified Election (as defined in Section 9.04). Under the Qualified Election provisions under Section 9.04, the QOSA form of benefit is treated as a QJSA form of benefit for purposes of
determining whether spousal consent is required with respect to a waiver of the QJSA in favor of the QOSA form of benefit. Thus, no spousal consent is required to waive out of the QJSA form of benefit in favor of an actuarially equivalent QOSA form
of benefit. 
  

	C-2.02	Special Rules for Eligible Automatic Contribution Arrangement. Effective for Plan Years beginning on or after January 1, 2008, if the Plan provides
for an automatic deferral election provision under AA §6A-8 or a Qualified Automatic Contribution Arrangement under AA §IA2-6, and such automatic deferral election qualifies as an Eligible Automatic Contribution Arrangements (EACA), the
Plan may provide for special permissible withdrawals (as set forth in subsection (b) below) and will qualify for the special delayed testing date for purposes of making refunds of Excess Contributions and/or Excess Aggregate Contributions (as
described in subsection (c) below). To qualify as an EACA, the Plan must satisfy the provisions of subsection (a) for the entire Plan Year. The Plan may qualify as both a QACA under Section C-2.03 and an EACA under this Section C-2.02.

  

	 	(a)	Definition of Eligible Automatic Contribution Arrangement. The Plan will qualify as an EACA under this Section C-2.02 if the Plan provides for an
automatic deferral election (as described in subsection (1)) and provides, in the absence of an investment election by the Participant, that Salary Deferrals are invested in accordance with DOL regulations under ERISA §404(c)(5). In
addition, an annual written notice must be provided in accordance with subsection (2) below. 

  

	 	(1)	Automatic deferral election. To qualify as an EACA, each Employee eligible to participate in the Plan, in the absence of an affirmative election, must be
treated as having elected to make Salary Deferrals in an amount equal to a uniform percentage of Plan Compensation (as set forth in AA §6A-8). The automatic deferral election ceases to apply with respect to any Employee who makes an affirmative
election (that remains in effect) to make Salary Deferrals in a different amount or percentage of Plan Compensation or to not have any Salary Deferrals made on his/her behalf. For this purpose, an automatic deferral election will not fail to be a
uniform percentage of Plan Compensation merely because: 

  

	 	(i)	The deferral percentage varies based on the number of years an eligible Employee has participated in the Plan (e.g., due to the application of an automatic
increase provisions); 

  

			
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	 	(ii)	The automatic deferral election does not reduce a Salary Deferral election in effect immediately prior to the effective date of the automatic deferral election;

  

	 	(iii)	The rate of Salary Deferrals is limited so as not to exceed the limits of Code §§401(a)(17), 402(g) (determined with or without Catch-Up Contributions)
and 415; or 

  

	 	(iv)	The automatic deferral election is not applied during the period an employee is not permitted to make Salary Deferrals pursuant to
Section 8.10(d)(1)(ii)(C). 

  

	 	(2)	Annual notice requirement. Each eligible Employee must receive a written notice describing the Participant’s rights and obligations under the Plan
which is sufficiently accurate and comprehensive to apprise the Employee of such rights and obligations, and is written in a manner calculated to be understood by the average Plan Participant. 

 

	 	(i)	Contents of annual notice. To qualify as an EACA, the annual notice must contain the same information as applies for purposes of the safe harbor notice
described under Section 6.04(a)(4). However, to qualify as an EACA, the annual notice must also include a description of: 

  

	 	(A)	the level of Salary Deferrals which will be made on the Employee’s behalf if the Employee does not make an affirmative election; 

 

	 	(B)	the Employee’s right under the EACA to elect not to have Salary Deferrals made on the Employee’s behalf (or to elect to have such Salary Deferrals made
in a different amount or percentage of Plan Compensation); 

  

	 	(C)	how contributions under the EACA will be invested and, if the Plan provides for Participant direction of investment, how Salary Deferrals made pursuant to an
automatic deferral election will be invested in the absence of an investment election by the Employee; and 

  

	 	(D)	the Employee’s right to make a permissible withdrawal (as described under subsection (b) below), if applicable, and the procedures to elect such a
withdrawal. 

  

	 	(ii)	Timing of annual notice. The annual notice described under this subsection (2) must be provided at the same time and in the same manner as the annual
safe harbor notice described in Section 6.04(a)(4). The annual notice must be provided within a reasonable period before the beginning of each Plan Year (or, in the year an Employee becomes an eligible Employee, within a reasonable period
before the Employee becomes an eligible Employee). In addition, a notice satisfies the timing requirements only if it is provided sufficiently early so that the Employee has a reasonable period of time after receipt of the notice and before the
first Salary Deferral made under the arrangement to make an alternative deferral election. 

 The annual notice
will be deemed timely if it is provided to each eligible Employee at least 30 days (and no more than 90 days) before the beginning of each Plan Year. In the case of an Employee who does not receive the notice within such period because the Employee
becomes an eligible Employee after the 90th day before the beginning of the Plan Year, the timing requirement is deemed to be satisfied if the notice is provided no more than 90 days before the Employee becomes an eligible Employee (and no later
than the date the Employee becomes an eligible Employee). 
  

	 	(b)	Permissible Withdrawals under Eligible Automatic Contribution Arrangement. If so elected under AA §IA2-5 of the Profit Sharing/401(k) Adoption
Agreement, effective for Plan Years beginning on or after January 1, 2008, any Employee who has Salary Deferrals contributed to the Plan pursuant to an automatic deferral election under the EACA may elect to withdraw such contributions (and
earnings attributable thereto) in accordance with the requirements of this subsection (b). A permissible withdrawal under this subsection (b) may be made without regard to any elections under AA §10 and will not cause the Plan to fail the
prohibition on in-service distribution applicable to Salary Deferrals under Section 8.10(c). In addition, such withdrawal may be made without regard to any notice or consent otherwise required under Code §401(a)(11) or §417. Any
Salary Deferrals that are distributed under this subsection (b) are not taken into account under the ADP Test (as described in Section 6.01(a)) or under the ACP Test (as described in Section 6.02(a)) for the Plan Year for which the
Salary Deferrals were made or for any other Plan Year. 

  

	 	(1)	 Amount of distribution. A distribution satisfies the requirement of this subsection (b) if the distribution is equal to the amount
of Salary Deferrals made pursuant to the automatic deferral election through the effective date of the withdrawal election (as described in subsection (2)) adjusted for allocable gains and losses as of the date of the distribution. For this
purpose, allocable gains and losses are determined in the same manner as for corrective distributions of Excess Contributions (as described in Section 6.01(b)(2)(ii)). 

  

			
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The distribution amount determined under this subsection (1) may be reduced by any generally applicable fees. However, the Plan may not charge a greater fee for a permissible distribution
under this subsection (b) than applies with respect to other Plan distributions. 

  

	 	(2)	Timing. An election to withdraw Salary Deferrals under this subsection (b) must be made no later than 90 days after the date of the first default
Salary Deferral under the EACA. The date of the first default Salary Deferral is the date that the Plan Compensation from which such Salary Deferrals are withheld would otherwise have been included in gross income. The effective date of an election
described in this subsection (b) cannot be later than the last day of the payroll period that begins after the date the election is made. 

  

	 	(3)	Tax consequences of permissible withdrawal. Any amount distributed under this subsection (b) is includible in the eligible Employee’s gross
income for the taxable year in which the distribution is made. However, the portion of any distribution consisting of Roth Deferrals is not included in an Employee’s gross income a second time. In addition, a permissible withdrawal under this
subsection (b) is not subject to any penalty tax under Code §72(t). 

  

	 	(4)	Forfeiture of matching contributions. In the case of any withdrawal made under this subsection (b), any Matching Contributions made with respect to such
withdrawn Salary Deferrals must be forfeited. 

  

	 	(c)	 Expansion of corrective distribution period for Eligible Automatic Contribution Arrangements. If the Plan qualifies as an EACA (as
defined in subsection C-2.02 above), the corrective distribution provisions applicable to Excess Contributions and Excess Aggregate Contributions under Sections 6.01(b)(2) and 6.02(b)(2) are modified to allow a corrective distribution no later than
6 months (instead of 2 1/2 months) after the last day of the Plan Year in which such excess amounts arose to avoid the 10% excise tax with respect to such corrective distributions. This subsection (c) is effective for
corrective distributions made for Plan Years beginning on or after January 1, 2008. 

  

	 	(d)	Preemption of state law. In applying the provisions of this Section C-2.02, any law of a State which would directly or indirectly prohibit or restrict the
inclusion of an automatic contribution arrangement shall be superseded. 

  

	C-2.03	Qualified Automatic Contribution Arrangements. The Employer may elect in AA §IA2-4 of the Profit Sharing/401(k) Adoption Agreement to apply the
Qualified Automatic Contribution Arrangement (QACA) provisions under this Section C-2.03. The ADP Test described in Section 6.01(a) is deemed to be satisfied for any Plan Year in which the Plan qualifies as a QACA. In addition, if Matching
Contributions are made for such Plan Year, the ACP Test described in Section 6.02 is deemed satisfied with respect to such contributions if the conditions of subsection 6.04(g) are satisfied. 

For purposes of this Section C-2.03, a QACA is any cash or deferred arrangement which meets the requirements of Section 6.04, as
modified under subsections (a)—(e) below, for the entire Plan Year. The election under AA §IA2-6 to apply the QACA provisions will apply without regard to any contrary elections under AA §6A. 

 

	 	(a)	Automatic deferral. To qualify as a QACA, the Plan must provide for an automatic deferral election (as defined in Section C-2.02(a)(1) above) equal to a
qualified percentage of Plan Compensation. For this purpose, a qualified percentage is, with respect to any Employee, a uniform percentage of Plan Compensation that does not exceed 10%, and which is at least: 

 

	 	(1)	3% during the period that begins when the Employee first participates in the QACA and ending on the last day of the following Plan Year,

  

	 	(2)	4% during the first Plan Year following the Plan Year described in subsection (1),  

 

	 	(3)	5% during the second Plan Year following the Plan Year described in subsection (2), and  

 

	 	(4)	6% during any subsequent Plan Year. 

  

	 	(b)	Eligible Employees. In applying the automatic deferral provisions under this C-2.03, the automatic deferral election described under subsection
(a) must apply to all eligible Employees without taking into account any Employee who: 

  

	 	(1)	was eligible to participate in the Plan (or a predecessor Plan) immediately prior to the effective date of the QACA, and 

 

	 	(2)	had an affirmative election in effect on such effective date (which remains in effect) either to:  

 

	 	(i)	make Salary Deferrals in a specified amount or percentage of Plan Compensation, or 

 

	 	(ii)	not have any Salary Deferrals made on his/her behalf. 

  

			
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	 	(c)	QACA Safe Harbor Contribution. To qualify as a QACA, the Employer must provide a QACA Safe Harbor Employer Contribution or a QACA Safe Harbor Matching
Contribution to Nonhighly Compensated Employees under the Plan. 

  

	 	(1)	QACA Safe Harbor Employer Contribution. The Employer may elect under AA §IA2-6(b)(2) of the Profit Sharing/401(k) Plan to make a QACA Safe Harbor
Employer Contribution of at least 3% of Plan Compensation. 

  

	 	(2)	QACA Safe Harbor Matching Contribution. The Employer may elect under AA §IA2-6(b)(1) of the Profit Sharing/401(k) Plan to make a QACA Safe Harbor
Matching Contribution with respect to each Participant’s Salary Deferrals under the Plan. The Employer may elect to provide a basic QACA Safe Harbor Matching Contribution, an enhanced QACA Safe Harbor Matching Contribution, or a tiered QACA
Safe Harbor Matching Contribution. 

  

	 	(i)	Basic Safe Harbor Matching Contribution. Under the basic QACA Safe Harbor Matching Contribution formula, each eligible Participant (as defined in AA
§IA2-6(c)) will receive a Safe Harbor Matching Contribution equal to: 

  

	 	(A)	100% of a Participant’s Salary Deferrals that do not exceed 1% of the Participant’s Plan Compensation plus 

 

	 	(B)	50% of a Participant’s Salary Deferrals that exceed 1% of the Participant’s Plan Compensation but that do not exceed 6% of the Participant’s Plan
Compensation. 

  

	 	(ii)	Enhanced Safe Harbor Matching Contribution. Under the enhanced QACA Safe Harbor Matching Contribution formula, the Safe Harbor Matching Contribution must
not be less, at each level of Salary Deferrals, than the amount required under the basic QACA Safe Harbor Matching Contribution formula under subsection (i) above. Under the enhanced Safe Harbor Matching Contribution formula, the rate of
Matching Contributions may not increase as an Employee’s rate of Salary Deferrals increase. 

  

	 	(A)	Contributions for Highly Compensated Employees. The Plan will not fail to be a QACA merely because Highly Compensated Employees also receive a QACA Safe
Harbor Matching Contribution under the Plan. However, a QACA Safe Harbor Matching Contribution will not satisfy this Section if any Highly Compensated Employee is eligible for a higher rate of QACA Safe Harbor Matching Contribution than is provided
for any Nonhighly Compensated Employee who has the same rate of Salary Deferrals. 

  

	 	(B)	Period for making QACA Safe Harbor Matching Contribution. In determining a Participant’s QACA Safe Harbor Matching Contributions, the Employer may
elect under AA §IA2-6(b)(1)(ii) to determine the QACA Safe Harbor Matching Contribution on the basis of Salary Deferrals the Participant makes during the Plan Year. Alternatively, the Employer may elect to determine the QACA Safe Harbor
Matching Contribution on a payroll, monthly, or quarterly basis. 

  

	 	(iii)	Two-year cliff vesting. A Participant must be 100% vested in any Safe Harbor Contributions under subsection (c) above upon the completion of two
(2) Years of Service. Any additional amounts contributed under the Plan may be subject to any vesting schedule described under Section 7.02. For this purpose, a QACA Safe Harbor Contribution is treated as a separate contribution source for
purposes of applying the rules under Section 7.09 relating to the amendment of a vesting schedule. 

  

	 	(d)	Distribution restrictions. Distributions of the QACA Safe Harbor Contribution must be restricted in the same manner as Salary Deferrals under
Section 8.10(c), except that such contributions may not be distributed upon Hardship. 

  

	 	(e)	Annual notice. Each eligible Employee must receive a written notice as described in Section C-2.02(a)(2) above. 

 

	C-3.01	Modifications to Rules Applicable to Corrective Distributions under ADP Test and ACP Test. 

 

	 	(a)	 Elimination of “gap period” earnings. For Plan Years beginning on or after January 1, 2008, the method for determining
allocable income or loss attributable to a corrective distribution of Excess Contributions or Excess Aggregate Contributions as set forth in Sections 6.01(b)(2)(ii) and 6.02(b)(2)(ii) is amended to provide that only allocable gain or loss through
the end of the Plan Year must be taken into account. Thus, effective for Plan Years beginning on or after January 1, 2008, “gap period” income need not be included in determining the amount of a corrective distribution of Excess
Contributions or Excess Aggregate Contributions. See Sections 6.01(b)(2)(ii) and 

  

			
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6.02(b)(2)(ii) for rules for determining allocable income and loss for corrective distributions made for Plan Years beginning before January 1, 2008. 

 

	 	(b)	Year of inclusion. For Plan Years beginning on or after January 1, 2008, a corrective distribution of Excess Contributions (and allocable income) is
includible in the Employee’s gross income for the Employee’s taxable year in which distributed, regardless of when such corrective distribution is made during the Plan Year. 

 

	C-3.02	Gap Period Income for Corrective Distributions of Excess Deferrals. A corrective distribution of Excess Deferrals (as described in Section 5.02(b))
must include any allocable gain or loss for the taxable year in which the Excess Deferrals are contributed to the Plan. The gain or loss allocable to Excess Deferrals may be determined in any reasonable manner, provided the manner used to determine
allocable gain or loss is applied consistently for all Participants and in a manner that is reasonably reflective of the method used by the Plan for allocating income to Participants’ Accounts. 

 

	 	(a)	Method of allocating gain or loss. For corrective distributions of Excess Deferrals made in a taxable year beginning on or after January 1, 2007, the
income allocable to Excess Deferrals is equal to (A) the sum of the allocable for the taxable year plus (B) to the extent the Excess Deferrals are or will be credited with gain or loss for the gap period (i.e., the Plan contains a
Valuation Date during the gap period), the allocable gain or loss determined for the gap period. For this purpose, the gap period is the period after the close of the taxable year and prior to the distribution of Excess Deferrals. The Plan will not
fail to use a reasonable method for computing the income allocable to Excess Deferrals merely because the income allocable to Excess Deferrals is determined as of a Valuation Date that occurs no more than 7 days before the date of the distribution.
(For Plan Years beginning before January 1, 2006, income or loss allocable to the period between the end of the Plan Year and the date of distribution can be disregarded in determining income or loss.) 

 

	 	(b)	Alternative method of allocating taxable year gain or loss. The gain or loss attributable to Excess Deferrals for the taxable year may be determined by
multiplying the gain or loss for the taxable year allocable to Elective Deferrals by a fraction, the numerator of which is the Excess Deferrals for the Employee for the taxable year, and the denominator of which is the Employee’s Account
Balance attributable to Elective Deferrals as of the beginning of the taxable year, plus the Employee’s Elective Deferrals for the taxable year. 

  

	 	(c)	Alternative method for allocating plan year and gap period income. The Plan may determine the allocable gain or loss for the aggregate of the taxable year
and the gap period by applying the alternative method under subsection (b) above to this aggregate period. This is accomplished by substituting the gain or loss for the taxable year and the gap period for the gain or loss for the taxable year
and by substituting the Elective Deferrals for the taxable year and the gap period for the Elective Deferrals for the taxable year in determining the fraction that is multiplied by that gain or loss. 

 

	C-4.01	Reasonable Normal Retirement Age. If the Plan is a Money Purchase Plan or is a Profit Sharing Plan or Profit Sharing/ 401(k) Plan that accepted a transfer
of assets from a pension plan (e.g., a money purchase plan or target benefit plan), then effective May 22, 2007 (for Plans initially adopted on or after May 22, 2007) and effective for the first Plan Year beginning on or after July 1,
2008 (for Plans initially adopted prior to May 22, 2007), the Normal Retirement Age applicable under AA §7-1 must be reasonably representative of the typical retirement age for the industry in which the Plan Participants work. For this
purpose, a Normal Retirement Age of age 62 or above will be deemed to be a reasonable Normal Retirement Age and a Normal Retirement Age under age 55 will be presumed not to satisfy this requirement. If the Plan is amended to change the Normal
Retirement Age to comply with the requirements of this Section C-4.01, such amendment may not result in a violation of Code §§411(a)(9), 411(a)(10), 411(d)(6) or 4980F. Thus, for example, the vested percentage of any Participant may not be
reduced solely by a change in the Normal Retirement Age. For this purpose, the amendment to a later Normal Retirement Age will not violate the anti-cutback requirements of Code §411(d)(6) merely because it eliminates the right to an in-service
distribution prior to the later Normal Retirement Age. 

  

	C-5.01	IRS Guidance Relating to Plan Qualification Requirements. 

  

	 	(a)	Mid-Year Changes to Safe Harbor 401(k) Plan. A Plan will not fail to satisfy the requirements of Code §401(k)(12) relating to safe-harbor 401(k)
plans because of the adoption during the Plan Year of a provision to apply the hardship distribution provisions of the Plan to primary beneficiaries or a provision to implement a qualified Roth contribution program as described in Code §402A.

  

	 	(b)	Partial Termination. In determining whether a Plan has experienced a partial termination as described under Code §411(d)(3), the Plan Administrator
will apply the principals set forth under IRS Revenue Ruling 2007-43. 

  

			
	 © Copyright 2008
	 	Defined Contribution Basic Plan Document

  

129 

 Marshall & Ilsley Corporation 

VOLUME SUBMITTER PROFIT SHARING/401(k) PLAN 
 ADOPTION AGREEMENT 
 SECTION 1 

EMPLOYER INFORMATION 
  

 

									
	 1-1    
	 	 EMPLOYER INFORMATION:

					
		 	 Name:          Marshall & Ilsley Corporation
	 		  		  	
		 	 Address:      770 North Water Street
	 		  		  	
		 	
                    Milwaukee, WI
53202
	 		  		  	
		 	 Telephone:  (414) 765-8277
	 		  	Fax:  	  	 

									
		
	1-2     	 	 EMPLOYER IDENTIFICATION NUMBER (EIN):
20-8995389

									
		
	1-3    	 	 FORM OF BUSINESS:

			
		 	 þ C-Corporation
	 	 ̈ S-Corporation
			
		 	  ̈ Partnership
	 	 ̈ Limited Liability Partnership
			
		 	  ̈ Limited Liability Company taxed as partnership
	 	 ̈ Limited Liability Company taxed as corporation
			
		 	  ̈ Government
	 	 ̈ Government exempt from ERISA (see Section 11.09 of Plan)
			
		 	  ̈ Sole Proprietor
	 	 ̈ Other:
                                         
                                         
      

									
		
		 	[Note: Any entity entered under “Other” must be a legal entity recognized under federal income tax laws.]
		
	 1-4    
	 	EMPLOYER’S TAX YEAR END: The Employer’s tax year ends December 31
		
	 1-5
	 	RELATED EMPLOYERS: List any Related Employers (as defined in Section 1.108 of the Plan). A Related Employer must complete a Participating Employer Adoption
Page for Employees of that Related Employer to participate in this Plan. The failure to cover the Employees of a Related Employer may result in a violation of the minimum coverage rules under Code §410(b).
		
		 	[Note: The failure to list all Related Employers will not jeopardize the qualified status of the Plan.]

 SECTION 2 
 PLAN INFORMATION 
  

									
		
	 2-1    
	 	PLAN NAME: Missouri State Bank & Trust Company Retirement Savings Plan
		
	 2-2
	 	PLAN NUMBER: 009
		
	 2-3
	 	TYPE OF PLAN:  ̈ Profit Sharing (PS) Plan only         þ PS and 401(k) Plan          ̈ PS and Safe Harbor 401(k) Plan
		
	 2-4
	 	PLAN YEAR: 
		
		 	 þ (a)         Calendar
year
  ̈ (b)         The 12-consecutive month period
ending on             each year.

 ̈ (c)         The Plan has a short Plan Year running from
    to    .

		
	 2-5
	 	FROZEN PLAN: Check this AA §2-5 if the Plan is a frozen Plan to which no contributions will be made.
		 	þ This Plan is a frozen Plan effective May 1, 2006 (see Section 3.02(a)(6) of the
Plan).
		
	 2-6
	 	MULTIPLE EMPLOYER PLAN: Is this Plan a Multiple Employer Plan as defined in Section 1.78 of the Plan? (See Section 16.07 of the Plan for special rules
applicable to Multiple Employer Plans.)
		
		 	             ̈  Yes    
                                        þ  No

  

			
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 Marshall & Ilsley Corporation PS/401(k) Volume Submitter Plan 

Section 2—Plan Information 
  

  

	2-7	PLAN ADMINISTRATOR:  

  

	 	þ (a)	The Employer identified in AA §I-l. 

  

	 	    ̈ (b)         Name:   
                                         
                                         
                                         
                                         
                                        
	

Address:                     
                                         
                                         
                                         
                                         
                                

Telephone:                    
                                         
                                         
                                         
                                         
                             
 SECTION 3 
 ELIGIBLE EMPLOYEES 

 

	3-1	ELIGIBLE EMPLOYEES: In addition to the Employees identified in Section 2.02 of the Plan, the following Employees are excluded from participation under the
Plan with respect to the contribution source(s) identified in this AA §3-1. (See Sections 2.02( d) and (e) of the Plan for rules regarding the effect on Plan participation if an Employee changes between an eligible and ineligible class of
employment.) 

  

							
	Deferral	  	Match	  	ER	  	 
				
	  ̈
	  	 ̈	  	 ̈	  	 (a)    No exclusions.

				
	  ̈
	  	 ̈	  	 ̈	  	 (b)    Collectively Bargained Employees.

				
	  ̈
	  	 ̈	  	 ̈	  	 (c)    Non-resident aliens who receive no compensation from the Employer which constitutes U.S. source
income.

				
	  ̈
	  	 ̈	  	 ̈	  	 (d)    Leased Employees.

				
	  ̈
	  	 ̈	  	 ̈	  	 (e)    Employees paid on an hourly basis.

				
	  ̈
	  	 ̈	  	 ̈	  	 (f)     Employees paid on a salaried basis.

				
	  ̈
	  	 ̈	  	 ̈	  	 (g)    Commissioned Employees.

				
	  ̈
	  	 ̈	  	 ̈	  	 (h)    Highly Compensated Employees.

				
	  ̈
	  	 ̈	  	 ̈	  	 (i)     Non-Key Employees who are Highly Compensated.

				
	  ̈
	  	þ	  	þ	  	 (j)     Other: Any Employee of the Employer and its affiliates other than former Employees of Missouri
State Bank & Trust Company that become Employees of the Employer or any of its affiliates on or about April I, 2006.

 [Note: Unless designated otherwise under subsection (j), any selection(s) in the
Deferral column also apply to Roth Deferrals, After-Tax Contributions, and Safe Harbor Contributions; any selection(s) in the Match column also apply to QMACs; and any selection(s) in the ER column also apply to QNECs. An exclusion of Employees
under (d)—(j) above could cause the Plan to fail the minimum coverage requirements under Code §410(b). If subsection (j) is completed to designate a class of Employees excluded under the Plan, such Employee
class must be defined in such a way that it precludes Employer discretion and may not be based on time or service (e.g., part-time Employees) and may not provide for an exclusion designed to cover only Nonhighly Compensated Employees with the lowest
amount of compensation and/or the shortest periods of service who may represent the minimum number of Nonhighly Compensated Employees necessary to satisfy the coverage requirements under Code §410(b).] 

  

			
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 Marshall & Ilsley Corporation PS/401(k) Volume Submitter Plan 

Section 4—Minimum Age and Service Requirements 

 

 SECTION 4 
 MINIMUM AGE AND SERVICE REQUIREMENTS 
  

	4-1	ELIGIBILITY REQUIREMENTS—MINIMUM AGE AND SERVICE: An Eligible Employee (as defined in AA §3-1) who satisfies the minimum age and service conditions
under this AA §4-1 will be eligible to participate under the Plan as of his/her Entry Date (as defined in AA §4-2 below). 

  

	 	(a)	Service Requirement. An Eligible Employee must complete the following minimum service requirements to participate in the Plan. 

 

							
	Deferral	  	Match	  	ER	  	 
	  ̈
	  	 ̈	  	 ̈	  	 (1)    There is no minimum service requirement for participation in the Plan.

				
	  ̈
	  	 ̈	  	 ̈	  	 (2)    One Year of Service (as defined in Section 2.03(a)(I) of the Plan and AA
§4-3).

				
	  ̈
	  	 ̈	  	 ̈	  	 (3)    The completion of          [cannot exceed 12]
consecutive full calendar months of employment during which the Employee is credited with at least          [cannot exceed 1,000] Hours of Service or the completion of a Year
of Service (as defined in AA §4-3), if earlier. [If no minimum Hours of Service are required, insert one (1) in the second blank line.]

				
	  ̈
	  	 ̈	  	 ̈	  	 (4)    The completion of          [cannot exceed
1,000] Hours of Service during an Eligibility Computation Period. [If this (4) is chosen, an Employee satisfies the service requirement immediately upon completion of the designated Hours of
Service.]

				
	  ̈
	  	 ̈	  	 ̈	  	 (5)    Full-time Employees are eligible to participate immediately. Employees who are “part-time”
Employees must complete a Year of Service (as defined in AA §4-3).

				
		  		  		  	          For this purpose, a part-time Employee is any Employee whose normal work
schedule is less than:

				
		  		  		  	
 ̈ (i)              
hours per week.

				
		  		  		  	
 ̈ (ii)              hours per
month.

				
		  		  		  	  ̈ (iii)           
hours per year.

				
	 N/A
	  	 ̈	  	 ̈	  	 (6)    Two (2) Years of Service. [Full and immediate vesting must be chosen under AA
§8.]

				
	  ̈
	  	 ̈	  	 ̈	  	 (7)    Under the Elapsed Time method. See AA §4-3(c) below.

				
	  ̈
	  	þ	  	þ	  	 (8)    Describe eligibility conditions: 1,000 Hours of Service in the first
12-month period of employment or any 12-month period beginning on the anniversary of hire. If an Employee satisfies the Hours of Service required, he is not required to wait until the end of the applicable 12-month period to enter the
Plan.
  
 [Note: Any conditions provided under
(8) must satisfy the requirements of Code §410(a). A condition provided under (8) may not cause an Employee to enter the Plan later than the first Entry Date following the completion of a Year of
Service (as defined ill AA §4-3). Also see Section 2.02(b)(4) for rules regarding the exclusion of certain “short-service” Employees.]

  

	 	(b)	Minimum Age Requirement. An Eligible Employee (as defined in AA §3-1) must have attained the following age with respect to the contribution source(s)
identified in this AA §4-1(b). 

  

							
	Deferral	  	Match	  	ER	  	 
	  ̈
	  	 ̈	  	 ̈	  	 (1)    There is no minimum age for Plan eligibility.

				
	  ̈
	  	þ	  	þ	  	 (2)    Age 21.

  

			
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 Marshall & Ilsley Corporation PS/401(k) Volume Submitter Plan 

Section 4—Minimum Age and Service Requirements 

 

  

							
	Deferral	  	Match	  	ER	  	 
	  ̈
	  	 ̈	  	 ̈	  	 (3)    Age
20 1/2.

				
	  ̈
	  	 ̈	  	 ̈	  	 (4)    Age          (not later than age 21).

 [Note: Unless designated otherwise under (a)(8) above, in applying the minimum age
and service requirements under this AA §4-1, any selection(s) in the Deferral column also apply to Roth Deferrals and After-Tax Contributions; any selection(s) in the Match column also apply to QMACs; and any selection(s) in the ER column also
apply to QNECs. Selections made in the Deferral column also apply to Safe Harbor Contributions unless elected otherwise in AA §6C-3.] 
  

	4-2	ENTRY DATE: An Eligible Employee (as defined in AA §3- 1) who satisfies the minimum age and service requirements in AA §4-1 shall be eligible to
participate in the Plan as of his/her Entry Date. For this purpose, the Entry Date is the following date with respect to the contribution source(s) identified under this AA §4-2. [Note: If any of
(b)—(g) is completed for a contribution source, also complete one of (h)—(k) for the same contribution source.] 

 

									
	 	 	Deferral	  	Match	  	ER	  	 
					
		 	  ̈
	  	 ̈	  	 ̈	  	 (a)    Immediate. The date the minimum age and service requirements are satisfied (or date of hire, if
no minimum age and service requirements apply).

					
		 	  ̈
	  	 ̈	  	 ̈	  	 (b)    Semi-annual. The first day of the 1st and 7th month of the Plan Year.

					
		 	  ̈
	  	 ̈	  	 ̈	  	 (c)    Quarterly. The first day of the 1st, 4th, 7th and 10th month of the Plan
Year.

					
		 	  ̈
	  	þ	  	þ	  	 (d)    Monthly. The first day of each calendar month.

					
		 	  ̈
	  	 ̈	  	 ̈	  	 (e)    Payroll period. The first day of the payroll period.

					
		 	  ̈
	  	 ̈	  	 ̈	  	 (f)     The first day of the Plan Year. [If this (f) is checked, see Section 2.03(b)(2)
of the Plan for special rules that apply.]

					
		 	  ̈
	  	 ̈	  	 ̈	  	
(g)    Describe:                 
                                         
                                         
                                         
        

					
		 		  		  		  	 [Note: Any provisions under this subsection (g) must satisfy the requirements of Code §410(a) and may not violate the
nondiscrimination requirements of Code §401(a)(4).]

 An Eligible Employee’s Entry Date (as defined above) is determined based on when the Employee
satisfies the minimum age and service requirements in AA §4-1. For this purpose, an Employee’s Entry Date is the Entry Date: 
  

									
	 	 	Deferral	  	Match	  	ER	  	 
					
		 	  ̈
	  	 ̈	  	 ̈	  	 (h)    next following satisfaction of the minimum age and service
requirements.

					
		 	  ̈
	  	þ	  	þ	  	 (i)     coinciding with or next following satisfaction of the minimum age and service
requirements.

					
		 	 N/A
	  	 ̈	  	 ̈	  	 (j)     nearest the satisfaction of the minimum age and service
requirements.

					
		 	 N/A
	  	 ̈	  	 ̈	  	 (k)    preceding the satisfaction of the minimum age and service requirements.

 [Note: In applying the Entry Date rules under this AA §4-2, any
selection(s) in the Deferral column also apply to Roth Deferrals, After-Tax Contributions, and Safe Harbor Contributions; any selection(s) in the Match column also apply to QMACs; and any selection(s) in the ER column also apply to QNECs.]

  

	4-3	DEFAULT ELIGIBILITY RULES. In applying the minimum age and service requirements under AA §4-1 above, the following default rules apply with respect to all
contribution sources under the Plan: 

  

	 	•	Year of Service. An Employee earns a Year of Service for eligibility purposes upon completing 1,000 Hours of Service during an Eligibility Computation Period.
Hours of Service are calculated based on actual hours worked during the Eligibility Computation Period. (See Section 1.68 of the Plan for the definition of Hours of Service.) 

 

	 	•	Eligibility Computation Period. If one Year of Service is required for eligibility, the Plan will determine subsequent Eligibility Computation Periods on the
basis of Plan Years (see Section 2.03(a)(2)(i) of the Plan). If more than one Year of Service is required for eligibility, the Plan will determine subsequent Eligibility Computation Periods on the basis of Anniversary Years (see
Section 2.03(a)(2)(ii) of the Plan). 

  

	 	•	Break in Service Rules. The Nonvested Participant Break in Service rule and the One-Year Break in Service rule do NOT apply. (See Section 2.07 of the Plan.)

  

			
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 Marshall & Ilsley Corporation PS/401(k) Volume Submitter Plan 

Section 4—Minimum Age and Service Requirements 

 

 To override the default eligibility rules, complete the applicable sections of this AA
§4-3. If this AA §4-3 is not completed for a particular contribution source, the default eligibility rules apply. 
  

							
	Deferral	  	Match	  	ER	  	 
				
	  ̈
	  	 ̈	  	 ̈	  	 (a)    Year of Service. Instead of 1,000 Hours of Service, an Employee earns a Year of Service upon
the completion of          [must be less than 1,000] Hours of Service during an Eligibility Computation Period.

				
	  ̈
	  	 ̈	  	 ̈	  	 (b)    Eligibility Computation Period (ECP). The Plan will use Anniversary Years, unless more than one
Year of Service is required under AA §4-1 (a), in which case the Plan will shift to Plan Years.

				
	  ̈
	  	 ̈	  	 ̈	  	 (c)    Elapsed Time method. [Check the same contribution source as checked in AA
§4-1(a)(6) above.] Eligibility service will be determined under the Elapsed Time method. An Eligible Employee (as defined in AA §3-1) must complete a          [not to
exceed 24 month] period of service to participate in the Plan. (See Section 2.03(a)(5) of the Plan.)

				
		  		  		  	 [Note: The period of service may not exceed 12 months for eligibility for Salary Deferrals or After-Tax Contributions.
If a period greater than 12 months is entered under this subsection (c) and the Salary Deferral column is checked, the period of service under this subsection (c) will be deemed to be a 12-month period. If a period greater than 12
months applies to Matching Contributions or Employer Contributions, 100% vesting must be selected under AA §8 for those contributions.]

				
	  ̈
	  	 ̈	  	 ̈	  	 (d)    Equivalency Method. For purposes of determining an Employee’s Hours of Service for
eligibility, the Plan will use the Equivalency Method (as defined in Section 2.03(a)(4) of the Plan). The Equivalency Method will apply to:

				
		  		  		  	  ̈ (1)     All Employees.

				
		  		  		  	  ̈ (2)     Only Employees for whom the Employer does
not maintain hourly records. For Employees for whom the Employer maintains hourly records, eligibility will be determined based on actual hours worked.

				
		  		  		  	 If this (d) is checked, Hours of Service for eligibility will be determined under the following Equivalency Method.

				
		  		  		  	  ̈ (3)     Monthly. 190 Hours of Service for
each month worked.

				
		  		  		  	  ̈ (4)     Daily. 10 Hours of Service for
each day worked.

				
		  		  		  	  ̈ (5)     Weekly. 45 Hours of Service for
each week worked.

				
		  		  		  	  ̈ (6)     Semi-monthly. 95 Hours of Service
for each semi-monthly period worked.

				
	 N/A
	  	 ̈	  	 ̈	  	 (e)    Nonvested Participant Break in Service rule applies. Service earned prior to a Nonvested
Participant Break in Service will be disregarded in applying the eligibility rules. (See Section 2.07(b) of the Plan.)

				
	  ̈
	  	 ̈	  	 ̈	  	 (f)     One-Year Break in Service rule applies. The One-Year Break in Service rule (as defined in
Section 2.07(d) of the Plan) applies to temporarily disregard an Employee’s service earned prior to a one-year Break in Service. (See Section 2.07(d) of the Plan if the One-Year Break in Service rule applies to Salary
Deferrals.)

  

			
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 Marshall & Ilsley Corporation PS/401(k) Volume Submitter Plan 

Section 4—Minimum Age and Service Requirements 

 

  

	4-4	EFFECTIVE DATE OF MINIMUM AGE AND SERVICE REQUIREMENTS. The minimum age and/or service requirements under AA §4-1 apply to all Employees under the Plan. An
Employee will participate with respect to all contribution sources under the Plan as of his/her Entry Date, taking into account all service with the Employer, including service earned prior to the Effective Date. 

 

	    	To allow Employees hired on a specified date to enter the Plan without regard to the minimum age and/or service conditions, complete this AA §4-4.

  

							
	Deferral	  	Match	  	ER	  	 
				
	  ̈
	  	 ̈	  	 ̈	  	An Eligible Employee who is employed by the Employer on the following date will become eligible to enter the Plan without regard to minimum age and/or service requirements (as
designated below):
				
		  		  		  	  ̈ (a)     the Effective Date of this Plan (as
designated in subsection (a) or (b) of the Employer Signature Page, as applicable)

				
		  		  		  	  ̈ (b)     the date the Plan is executed by the
Employer (as indicated on the Employer Signature Page)

				
		  		  		  	
 ̈ (c)             
[insert date]

				
		  		  		  	An Eligible Employee who is employed on the designated date will become eligible to participate in the Plan without regard to the
				
		  		  		  	  ̈ (d)     minimum service

				
		  		  		  	  ̈ (e)     minimum age

				
		  		  		  	requirements under AA §4-1 above.

  

	4-5	SERVICE WITH PREDECESSOR EMPLOYER. If the Employer is maintaining the Plan of a Predecessor Employer, service with such Predecessor Employer is automatically
counted for eligibility, vesting and for purposes of applying any allocation conditions under AA §6-6 and AA §6B-7. 

  

	    	In addition, service with the following Predecessor Employers also will be counted for purposes of determining eligibility, vesting and allocation conditions under this
Plan, unless designated otherwise under (b) below. (See Sections 2.06, 3.09(d) and 7.06 of the Plan.) 

  

	 	þ (a)	Identify Predecessor Employer(s): 

  

	 	•	  Missouri State Bank (see resolution dated April 6, 2006) 

  

	 	 ̈ (b)	Service with the Predecessor Employer(s) identified in (a) above will not apply for the following purposes: 

 

	 	 ̈ (1)	Eligibility 

	 	 ̈ (2)	Vesting 

	 	 ̈ (3)	Allocation conditions 

  

	 	 ̈ (c)	The limitations in (b) above only apply to the following Predecessor Employers: 

 

	 	•	 	
                              
                                         
                                         
                                     

 

	 	    	[Note: If this (c) is not checked, any limitations in (b) apply to all Predecessor Employers listed in (a) above.]

 SECTION 5 
 COMPENSATION DEFINITION 
  

	5-1	TOTAL COMPENSATION. Total Compensation is based on the definition set forth under this AA §5-1. See Section 1.127 of the Plan for a specific definition
of the various types of Total Compensation. 

  

	 	 ̈ (a)	W-2 Wages 

	 	 ̈ (b)	Code §415 Compensation. 

	 	þ (c)	Wages under Code §3401(a). 

  

	    	[For purposes of determining Total Compensation, each definition includes Elective Deferrals, pre-tax contributions to a Code §125 cafeteria plan or a Code
§457 plan, and qualified transportation fringes under Code §132(f)(4).] 

  

			
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 Marshall & Ilsley Corporation PS/401(k) Volume Submitter Plan 

Section 5—Compensation Definitions 
  

  

	5-2	PLAN COMPENSATION: Plan Compensation is Total Compensation (as defined in AA §5-1 above) with the following exclusions described below.

  

							
	Deferral	  	Match	  	ER	  	 
				
	  ̈
	  	 ̈	  	 ̈	  	 (a)    No exclusions.

				
	 N/A
	  	 ̈	  	 ̈	  	 (b)    Elective Deferrals (as defined in Section 1.44 of the Plan), pre-tax contributions to a cafeteria
plan or a Code §457 plan, and qualified transportation fringes under Code § 132(f)(4) are excluded.

				
	  ̈
	  	þ	  	 ̈	  	 (c)    All fringe benefits, expense reimbursements, deferred compensation, and welfare benefits are
excluded.

				
	  ̈
	  	 ̈	  	 ̈	  	 (d)    Compensation above $     is excluded. (See Section 1.92 of the
Plan.)

				
	  ̈
	  	þ	  	þ	  	 (e)    Amounts received as a bonus are excluded.

				
	  ̈
	  	 ̈	  	 ̈	  	 (f)     Amounts received as commissions are excluded.

				
	  ̈
	  	 ̈	  	 ̈	  	 (g)    Overtime payments are excluded.

				
	  ̈
	  	 ̈	  	 ̈	  	 (h)    Amounts received for services performed for a non-signatory Related Employer are
excluded.

				
	  ̈
	  	 ̈	  	 ̈	  	 (i)     “Deemed § 125 compensation” as defined in Section 1.127 of the
Plan.

				
	  ̈
	  	 ̈	  	 ̈	  	 (j)     Amounts received after termination of employment are excluded (see Section 1.127 of the
Plan).

				
	  ̈
	  	 ̈	  	 ̈	  	 (k)    Describe adjustments to Plan Compensation:
                            

  

	    	[Note: Any exclusions selected under subsections (e)—(k) (other than subsection (i)) may cause the definition of Plan Compensation
to fail to satisfy a safe harbor definition of compensation under Code §414(s). To ensure that the definition of Plan Compensation satisfies Code §414(s) for purposes of determining allocations under the permitted disparity allocation
formula under AA§6-3(b) and the Safe Harbor 401(k) provisions under AA §6C, unless designated otherwise under subsection (k), any adjustments under (e) through (k) (other than subsection (i)) will only apply to Highly Compensated
Employees for purposes of applying the permitted disparity and Safe Harbor 401 (k) provisions. In addition, unless designated otherwise under (k), any selection(s) in the Deferral column also apply to Roth Deferrals, After-Tax
Contributions, and Safe Harbor Contributions; any selection(s) in the Match column also apply to QMACs; and any selection(s) in the ER column also apply to QNECs. Any modification under subsection (k) must be definitely determinable and
preclude Employer discretion.] 

  

	5-3	PERIOD FOR DETERMINING COMPENSATION. 

  

	 	(a)	Compensation Period. Plan Compensation will be determined on the basis of the following period(s) for the contribution sources identified in this AA §5-3.
[If (2), (3) or (4) is checked for any contribution source, any reference to the Plan Year as it refers to Plan Compensation for that contribution source will be deemed to be a reference to the period
designated below.] 

  

							
	Deferral	  	Match	  	ER	  	 
				
	  ̈
	  	þ	  	þ	  	 (1)    The Plan Year.

				
	  ̈
	  	 ̈	  	 ̈	  	 (2)    The calendar year ending in the Plan Year.

				
	  ̈
	  	 ̈	  	 ̈	  	 (3)    The Employer’s fiscal tax year ending in the Plan Year.

				
	  ̈
	  	 ̈	  	 ̈	  	 (4)    The 12-month period ending on          which ends
during the Plan Year.

  

			
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Section 5—Compensation Definitions 
  

  

	 	(b)	Compensation while a Participant. In determining Plan Compensation, only compensation earned while an individual is a Participant under the Plan with respect to
a particular contribution source will be taken into account. 

  

	 	    	To count compensation for the entire Plan Year for a particular contribution source, including compensation earned while an individual is not a Participant with respect
to such contribution source, check below. 

  

									
	 	 	Deferral	  	Match	  	ER	  	 
		 	  ̈
	  	 ̈	  	 ̈	  	All compensation earned during the Plan Year will be taken into account, including compensation earned while an individual is not a Participant.

  

	    	[Note: Unless selected otherwise under AA §5-2(k), any selection(s) under this AA §5-3 in the Deferral column also apply to
Roth Deferrals, After-Tax Contributions, and Safe Harbor Contributions; any selection(s) in the Match column also apply to QMACs; and any selection(s) in the ER column also apply to QNECs. If different eligibility conditions apply to Safe Harbor
Contributions than apply to Salary Deferrals (as selected under AA §6C-3(b)), compensation while a Participant for purposes of the Safe Harbor Contributions will be determined using the eligibility conditions selected in AA §6C-3(b).]

 SECTION 6 
 EMPLOYER CONTRIBUTION 
  

	6-1	EMPLOYER CONTRIBUTIONS. Is the Employer authorized to make Employer Contributions and/or Qualified Nonelective Contributions (QNECs) under the Plan?

  

	 	 ̈	Yes 

  

	 	þ	No [If No, skip to Section 6A.] 

  

	6-2	EMPLOYER CONTRIBUTION FORMULAS. For the period designated in AA §6-5 below, the Employer will make the following Employer Contributions on behalf of
Participants who satisfy the allocation conditions designated in AA §6-6 below. Any Employer Contribution authorized under this AA §6-2 will be allocated in accordance with the allocation formula selected under AA §6-3 or AA
§6-4, as applicable. 

  

	 	 ̈ (a)	Discretionary contribution. The Employer will determine in its sole discretion how much, if any, it will make as an Employer Contribution.

  

	 	 ̈ (b)	Fixed contribution. 

  

	 	 ̈ (1)	            % of each Participant’s Plan Compensation. 

 

	 	 ̈ (2)	$            for each Participant. 

 

	 	 ̈ (c)	Service-based contribution. The Employer will make: 

  

	 	 ̈ (1)	Discretionary. A discretionary contribution determined as a uniform percentage of Plan Compensation or a uniform dollar amount for each period of service
designated below. 

  

	 	 ̈ (2)	Fixed percentage.             % of Plan Compensation paid for each period of service
designated below. 

  

	 	 ̈ (3)	Fixed dollar. $             for each period of service designated below.

  

	 	    	The service-based contribution selected under this (c) will be based on the following periods of service: 

 

	 	 ̈ (4)	Each Hour of Service 

  

	 	 ̈ (5)	Each week of employment 

  

	 	 ̈ (6)	Describe period:
                             

 

	 	    	[Note: Any period described in subsection (6) must apply uniformly to all Participants and cannot exceed a 12-month period. If this
subsection (c) is checked, also check AA §6-3(f).] 

  

	 	 ̈ (d)	Prevailing Wage Formula. The Employer will make a contribution for each Participant’s Prevailing Wage Service based on the hourly contribution rate for the
Participant’s employment classification. (See Section 3.02(a)(4) of the Plan.) If this subsection (d) is checked, also check AA §6-3(g). 

 

	 	 ̈ (1)	Offset of other contributions. The contributions under the Prevailing Wage Formula will offset the following contributions under this Plan:

  

	 	 ̈ (i)	Employer Contributions (other than Safe Harbor Employer Contributions or QNECs) 

 

	 	 ̈ (ii)	Safe Harbor Employer Contributions. 

  

	 	 ̈ (iii)	Qualified Nonelective Contributions (QNECs) 

  

	 	 ̈ (iv)	Matching Contributions (other than Safe Harbor Matching Contributions or QMACs) 

 

	 	 ̈ (v)	Safe Harbor Matching Contributions. 

  

	 	 ̈ (vi)	Qualified Matching Contributions. 

  

			
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Section 6—Employer Contributions 
  

  

	 	 ̈ (2)	Modification of default rules. Section 3.02(a)(4) of the Plan contains default rules for administering the Prevailing Wage Formula. Complete this subsection
(2) to modify the default provisions. 

  

	 	 ̈ (i)	Application to Highly Compensated Employees. Instead of applying only to Nonhighly Compensated Employees, the Prevailing Wage Formula applies to all eligible
Participants, including Highly Compensated Employees. 

  

	 	 ̈ (ii)	Minimum age and service conditions. Prevailing Wage contributions are subject to a one Year of Service (as defined in AA§4-3) and age 21 minimum age and
service requirement with semi-annual Entry Dates. 

  

	 	 ̈(iii)	Vesting. Instead of 100% immediate vesting, Prevailing Wage contributions will vest under the following vesting schedule (as defined in Section 7.02 of the
Plan): 

  

	 	 ̈ (A)	Six-year graded vesting schedule 

  

	 	 ̈ (B)	Three-year cliff vesting schedule 

  

	 	    	[Note: Overriding the default provisions under this subsection (2) may restrict the ability of the Employer to take full credit for Prevailing
Wage Contributions for purposes of satisfying its obligations under applicable federal, state or municipal prevailing wage laws. See Section 3.02(a)(4) of the Plan.] 

 

	 	 ̈ (e)	Qualified Nonelective Contribution (QNECs) are authorized as provided under AA §6-4 below. 

 

	6-3	ALLOCATION FORMULA. 

  

	 	 ̈ (a)	Pro rata allocation. The Employer Contribution under AA §6-2 will be allocated as a uniform percentage of Plan Compensation or as a uniform dollar amount.
If a fixed Employer Contribution is selected in AA §6-2(b), the Employer Contribution will be allocated in accordance with the selections made in AA §6-2(b). If both a discretionary and fixed Employer Contribution is selected in AA
§6-2, this subsection (a) may be selected for both contribution formulas. 

  

	 	 ̈ (b)	Permitted disparity allocation. The discretionary Employer Contribution under AA §6-2(a) will be allocated under the two-step permitted disparity formula
(as defined in Section 3.02(a)(1)(ii)(A) of the Plan), using the Taxable Wage Base (as defined in Section 1.122 of the Plan) as the Integration Level. However, for any Plan Year in which the Plan is Top Heavy, the four-step permitted
disparity formula (as defined in Section 3.02(a)(1)(ii)(B) of the Plan) applies. 

  

	 	    	To modify these default rules, complete the appropriate provision(s) below. 

 

	 	 ̈ (1)	Integration Level. Instead of the Taxable Wage Base, the Integration Level is: 

 

	 	 ̈ (i)	        % of the Taxable Wage Base, increased (but not above the Taxable Wage Base) to the next higher:

  

			
	  ̈ (A) N/A
	  	 ̈ (B) $1
	  ̈ (C) $100
	  	 ̈ (D) $1,000

  

	 	 ̈ (ii)	$              (not to exceed the Taxable Wage Base) 

 

	 	 ̈ (iii)	20% of the Taxable Wage Base, reduced by $1 

  

	 	    	[Note: The maximum integration percentage of 5.7% must be reduced to (i) 5.4% if the Integration Level is based on an amount that is
greater than 80% but less than 100% of the Taxable Wage Base or (ii) 4.3% if the Integration Level is based on an amount that is greater than 20% but less than or equal to
80% of the Taxable Wage Base. See Section 3.02(a)(1)(ii) of the Plan.] 

  

	 	 ̈ (2)	Four-step permitted disparity formula. Check this (2) if: 

  

	 	 ̈ (i)	The four-step permitted disparity formula will always be used. 

  

	 	 ̈ (ii)	The four-step permitted disparity formula will never be used, even if the Plan is Top Heavy. 

 

	 	 ̈ (c)	Uniform points allocation. The discretionary Employer Contribution designated in AA §6-2(a) will be allocated to each Participant in the ratio that each
Participant’s total points bears to the total points of all Participants. A Participant will receive the following points: 

  

	 	 ̈ (1)	         point(s) for each          year(s) of age (attained as of the end
of the Plan Year). 

  

	 	 ̈ (2)	         points for each $          (not to exceed $200) of Plan
Compensation. 

  

	 	 ̈ (3)	         point(s) for each          Year(s) of Service. For this purpose,
Years of Service are determined: 

  

	 	 ̈ (i)	In the same manner as determined for eligibility. 

  

	 	 ̈ (ii)	In the same manner as determined for vesting. 

  

	 	 ̈ (iii)	Points will not be provided with respect to Years of Service in excess of         . 

  

			
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Section 6—Employer Contributions 
  

  

	 	 ̈ (d)	New comparability allocation. The Employer may make a separate discretionary Employer Contribution (as authorized under AA §6-2(a) above) to the
Participants in the following allocation groups. Any amounts allocated to an allocation group will be allocated as a uniform percentage of Plan Compensation or as a uniform dollar amount to all Participants within that allocation group. The Employer
must notify the Trustee in writing of the amount of the contribution to be allocated to each allocation group. 

  

	 	 ̈ (l)	A separate discretionary Employer Contribution will be made to each Participant of the Employer (i.e., each Participant is in his/her own allocation group).

  

	 	 ̈ (2)	A separate discretionary Employer Contribution will be made to the following allocation groups: 

 

	 	 ̈ (i)	Group 1:
                                         
                                         
                                         
          

  

	 	 ̈ (ii)	Group 2:
                                         
                                         
                                         
          

  

	 	 ̈ (iii)	Group 3:
                                         
                                         
                                         
          

  

	 	 ̈ (iv)	Group 4:
                                         
                                         
                                         
          

  

	 	 ̈ (v)	Group 5:
                                         
                                         
                                         
          

  

	 	    	[Note: The allocation groups designated above must be clearly defined in a manner that will not violate the definite allocation formula requirement of
Treas. Reg. §1.401-1(b)(1)(ii). See Section 3.02(a)(1)(iv)(B)(IV) of the Plan for restrictions that apply with respect to “short-service” Employees. In the case of self-employed individuals (i.e., sole proprietorships or
partnerships), the requirements of 1.401(k)-1(a)(6) continue to apply, and the allocation method should not be such that a cash or deferred election is created for a self-employed individual as a result of application of the allocation
method.] 

  

	 	 ̈ (3)	Special rules. The following special rules apply to the new comparability allocation formula described in this AA §6-3(d). 

 

	 	 ̈ (i)	Family Members. In determining the separate groups under (2) above, Family Members (as defined in Section 1.61 of the Plan) of a Five Percent Owner are
always in a separate allocation group. 

  

	 	 ̈ (ii)	Benefiting Participants who do not receive Minimum Gateway Contribution. In determining the separate groups under (2) above, Benefiting Participants who do
not receive a Minimum Gateway Contribution are always in a separate allocation group. (See Section 3.02(a)(1)(iv)(B)(III) of the Plan.) 

  

	 	 ̈ (e)	Age-based allocation. The discretionary Employer Contribution designated in AA §6-2(a) will be allocated under the age-based allocation formula so that each
Participant receives a pro rata allocation based on adjusted Plan Compensation. For this purpose, a Participant’s adjusted Plan Compensation is determined by multiplying the Participant’s Plan Compensation by an Actuarial Factor (as
described in Section 1.04 of the Plan). 

  

	 	    	A Participant’s Actuarial Factor is determined based on a specified interest rate and mortality table. Unless designated otherwise under (1) or
(2) below, the Plan will use a designated interest rate of 8.5% and a UP-I 984 mortality table. 

  

	 	 ̈ (1)	Applicable interest rate. Instead of 8.5%, the Plan will use an interest rate of     % (must be between 7.5% and 8.5%) in determining
a Participant’s Actuarial Factor. 

  

	 	 ̈ (2)	Applicable mortality table. Instead of the UP-1984 mortality table, the Plan will use the following mortality table in determining a Participant’s Actuarial
Factor:                                     

  

	 	    	[Note: See Exhibit A of the Plan for sample Actuarial Factors based on an 8.5% applicable interest rate and the UP-1984 mortality table.
If an interest rate or mortality table other than 8.5% or UP-1984 is selected, appropriate Actuarial Factors must be calculated. Any alternative interest or mortality factors must meet the requirements for standard interest and
mortality assumptions as defined in Treas. Reg. § 1.401 (a)-12.] 

  

	 	 ̈ (f)	Service-based allocation formula. The service-based Employer Contribution selected in AA §6-2(c) will be allocated in accordance with the selections made in
AA §6-2(c). 

  

	 	 ̈ (g)	Prevailing Wage allocation formula. The Prevailing Wage Employer Contribution selected in AA §6-2(d) will be allocated in accordance with the selections
made in AA §6-2(d). The Employer may attach an Addendum to the Adoption Agreement setting forth the hourly contribution rate for the employment classifications eligible for Prevailing Wage contributions. 

 

	6-4	QUALIFIED NONELECTIVE CONTRIBUTIONS (QNECs). For any Plan Year, the Employer may make a discretionary QNEC to the Plan. Such QNEC will be allocated as a uniform
percentage of Plan Compensation to all Nonhighly Compensated Participants, without regard to the allocation conditions selected in AA §6-6 below. 

  

	    	To modify these default allocation provisions, complete the applicable provision under this AA §6-4. 

 

	 	 ̈ (a)	All Participants. Any QNEC made pursuant to this AA §6-4 will be allocated to all Participants, including Highly Compensated Participants.

  

			
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Section 6—Employer Contributions 
  

  

	 	 ̈ (b)	Targeted QNECs. The QNEC will be allocated to Nonhighly Compensated Employees in accordance with the Targeted QNEC allocation formula under
Section 3.02(a)(5)(ii)(B) of the Plan. For this purpose, a Targeted QNEC may be allocated as a percentage of Plan Compensation or as a uniform dollar amount. (See Section 3.02(a)(5)(ii)(B)(IV) of the Plan for special rule applicable to
Plan Years beginning before January 1,2006.) 

  

	 	 ̈ (c)	Allocation conditions. Any QNEC made pursuant to this AA §6-4 will be allocated only to Participants who have satisfied the allocation conditions under AA
§6-6 below. 

  

	6-5	SPECIAL RULES. No special rules apply with respect to Employer Contributions under the Plan, except to the extent designated under this AA §6-5. In
determining the amount of the Employer Contributions to be allocated under this AA §6, the Employer Contribution will be based on Plan Compensation earned during the Plan Year. 

 

	 	 ̈(a)	Period for determining Employer Contributions. Alternatively, the Employer may elect to base the Employer Contributions on Plan Compensation earned during the
following period: [This (a) may not be checked if the permitted disparity allocation method is selected under AA §6-3(b) above.] 

 

			
	  ̈ (1) Plan Year quarter.
	  	 ̈ (2) calendar month.
	  ̈ (3) payroll period.
	  	 ̈ (4) Other:
                                         
            

  

	 	    	[Note: Although Employer Contributions are determined on the basis of Plan Compensation earned during the period designated under this subsection (a),
this does not require the Employer to actually make contributions or allocate contributions on the basis of such period. Employer Contributions may be contributed and allocated to Participants at any time within the contribution period permitted
under Treas. Reg. § 1.415-6, regardless of the period selected under this subsection (a). Any alternative period designated under subsection (4) may not exceed a 12-month period and will apply uniformly to all
Participants.] 

  

	 	 ̈ (b)	Top Heavy contribution. If this (b) is checked, any Top Heavy minimum contribution required under Section 4 of the Plan will be allocated to all
Participants, including Key Employees. 

  

	 	 ̈ (c)	Net Profits. If this (c) is checked, the Employer Contributions designated under AA §6-2 above will be limited to the Net Profits of the Employer.
(This limit will not apply to any contributions made under the Prevailing Wage Formula under AA §6-2(d).) 

  

	 	 ̈ (1)	Default definition of Net Profits. For purposes of this subsection (c), Net Profits is defined in accordance with Section 1.79 of the Plan.

  

	 	 ̈ (2)	Modified definition of Net Profits. For purposes of this subsection (c), Net Profits is defined as follows: _ 

 

	 	    	[Note: Any definition of Net Profits under this subsection (2) must be described in a manner that precludes
Employer discretion, must satisfy the nondiscrimination requirements of Code §401(a)(4) and the regulations thereunder, and must apply uniformly to all Participants.] 

 

	 	 ̈ (d)	Offset of Employer Contribution. A Participant’s allocation of Employer Contributions under AA §6-2 of this Plan is reduced by contributions under
                      [insert name of plan(s)]. (See Section 3.02(d)(2) of the Plan.)

  

	 	    	[Note: If this (d) is checked, attach an Addendum to this Adoption Agreement describing how such offset will be
applied.] 

  

	6-6	ALLOCATION CONDITIONS. A Participant who has otherwise satisfied all conditions to receive an Employer Contribution, must satisfy any allocation conditions
designated under this AA §6-6 to receive an allocation of Employer Contributions under the Plan. [Note: The allocation conditions under this AA §6-6 do not apply to Prevailing Wage Contributions under AA
§6-2(d), Safe Harbor Employer Contributions under AA §6C, or QNECs under AA §6-4, unless provided otherwise under those specific sections. See AA §4-5 for treatment of service with Predecessor
Employers for purposes of applying the allocation conditions under this AA §6-6.] 

  

	 	 ̈ (a)	No allocation conditions apply with respect to Employer Contributions under the Plan. 

 

	 	 ̈ (b)	Safe harbor allocation condition. An Employee must be employed by the Employer on the last day of the Plan Year OR must complete more than:

  

	 	 ̈ (1)	        (not to exceed 500) Hours of Service during the Plan Year. 

 

	 	 ̈ (2)	        (not more than 91) consecutive days of employment with the Employer during the Plan Year.

  

	 	 ̈ (c)	Employment condition. An Employee must be employed with the Employer on the last day of the Plan Year. 

 

	 	 ̈ (d)	Minimum service condition. An Employee must be credited with at least: 

 

	 	 ̈ (1)	         Hours of Service (not to exceed 1,000) during the Plan Year. 

 

	 	 ̈ (2)	         (not more than 182) consecutive days of employment with the Employer during the Plan Year.

  

			
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Section 6—Employer Contributions 
  

  

	 	 ̈ (e)	Application to a specified period. The allocation conditions selected under this AA §6-6 apply on the basis of the Plan Year. If the Employer will base its
Employer Contributions on a periodic basis (as designated in AA §6-5(a)), this (e) may be checked to allow the allocation conditions under this AA §6-6 to be applied with respect to such period. (See Section 3.09(a) of the Plan.)

  

	 	 ̈ (f)	Exceptions. 

  

	 	 ̈ (1)	The above allocation condition(s) will not apply if the Employee: 

  

	 	 ̈ (i)	dies during the Plan Year. 

  

	 	 ̈ (ii)	terminates employment due to becoming Disabled. 

  

	 	 ̈ (iii)	terminates employment after attainment of Normal Retirement Age in the current Plan Year or any prior Plan Year. 

 

	 	 ̈ (iv)	terminates employment after attainment of Early Retirement Age in the current Plan Year or any prior Plan Year. 

 

	 	 ̈ (2)	The exceptions selected under (f)(1) do not apply to: 

  

	 	 ̈ (i)	the employment condition under subsection (c) above. 

  

	 	 ̈ (ii)	the minimum service condition under subsection (d) above. 

 SECTION 6A 
 SALARY DEFERALS 

 

	6A-1	SALARY DEFERRALS. Are Employees permitted to make Salary Deferrals under the Plan? 

 

	 	 ̈	Yes. 

  

	 	þ	No. [If “No” is checked, skip to Section 6B. “No” should be checked if the Plan is designated as a Profit
Sharing (PS) Plan only in AA §2-3.] 

  

	6A-2	MAXIMUM LIMIT ON SALARY DEFERRALS. A Participant may defer an amount up to the Elective Deferral Dollar Limit and the Code §415 Limitation (as set forth in
Sections 5.02 and 5.03 of the Plan), subject to the following limitations. 

  

	 	 ̈ (a)	Salary Deferral Limit. A Participant may not defer an amount in excess of: 

 

	 	 ̈ (1)	            % of Plan Compensation and/or 

 

	 	 ̈ (2)	$                . 

 

	 	    	Any limit described in subsection (1) or (2) above applies with respect to the following period: 

 

	 	 ̈ (3)	Plan Year. 

  

	 	 ̈ (4)	the portion of the Plan Year during which the individual is eligible to participate. 

 

	 	 ̈ (5)	each separate payroll period during which the individual is eligible to participate. 

 

	 	 ̈ (b)	Different limit for Highly Compensated Employees and Nonhighly Compensated Employees. The limitation selected under (a) above applies only to Highly
Compensated Employees. For Nonhighly Compensated Employees, the following limit applies: 

  

	 	 ̈ (1)	No limit (other than the Elective Deferral Dollar Limit and the Code §415 Limitation). 

	 	 ̈ (2)	Nonhighly Compensated Employee limit. 

	 	 ̈ (i)	         % of Plan Compensation and/or 

 

	 	 ̈ (ii)	$             

 

	 	    	during the following period: 

  

	 	 ̈ (iii)	Plan Year. 

  

	 	 ̈ (iv)	the portion of the Plan Year during which the individual is eligible to participate. 

	 	 ̈ (v)	each separate payroll period during which the individual is eligible to participate. 

 

	 	    	[Note: Any percentage or dollar limit imposed on Nonhighly Compensated Employees under (i) and/or (ii) above may not be lower
than the percentage or dollar limit imposed on Highly Compensated Employees under (a) above.] 

  

	 	 ̈ (c)	Special limit for bonus payments. Notwithstanding any limits under (a) or (b) above, a Participant may defer up to
        % (not to exceed 100%) of any bonus payment (subject to the Elective Deferral Dollar Limit and the Code §415 Limitation, as defined in Sections 5.02 and 5.03 of the Plan).
[Note: If this (c) is checked, bonus payments may not be excluded from Plan Compensation in the Deferral column under AA §5-2(e).] 

  

			
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Section 6A—Salary Deferrals 
  

							
	6A-3	  	MINIMUM DEFERRAL RATE. A Participant must defer at least the amount designated in this AA §6A-3 in order to make Salary Deferrals under the
Plan.
			
		  	 ̈ (a)	  	No minimum deferral required.
			
		  	 ̈ (b)	  	        % of Plan Compensation for a payroll period.
			
		  	 ̈ (c)	  	$         for a payroll period.
		
	 6A-4
	  	CATCH-UP CONTRIBUTIONS. The following provisions apply with respect to Catch-Up Contributions (as defined in Section 3.03(d) of the Plan).
			
		  	 ̈ (a)	  	Catch-Up Contributions are permitted under the Plan.
			
		  		  	 ̈ (1)     Catch-Up Contributions are eligible for any Matching Contributions under the
Plan.
			
		  		  	 ̈ (2)     Catch-Up Contributions are not eligible for any Matching Contributions under the
Plan (other than Safe Harbor Matching Contributions).
			
		  		  	 ̈(3)     A Participant’s total Catch-Up Contributions, when added to other Salary Deferrals, may
not exceed 75 percent of the Participant’s Plan Compensation for the taxable year.
			
		  	 ̈ (b)	  	Catch-Up Contributions are not permitted under the Plan.
		
	 6A-5
	  	ROTH DEFERRALS. The following provisions apply with respect to Roth Deferrals (as defined in Section 3.03(e) of the Plan).
		
		  	Availability of Roth Deferrals.
			
		  	 ̈ (a)	  	Roth Deferrals are permitted under the Plan. [Note: If Roth Deferrals are effective as of a date other than the Effective Date of the Plan, designate
such special Effective Date in AA §6A-9(c) below. Roth Deferrals may not be made prior to January 1, 2006.]
				
		  		  	 ̈ (1)	  	Roth Deferrals are not eligible for any Matching Contributions under the Plan (other than Safe Harbor Matching Contributions).
				
		  		  	 ̈ (2)	  	Only Roth Deferrals are eligible for any Matching Contributions under the Plan (i.e., Pre-Tax Deferrals are not eligible for Matching Contributions (other than Safe Harbor
Matching Contributions)).
			
		  		  	[If neither (1) nor (2) is selected, all Salary Deferrals are eligible for Matching Contributions.]
			
		  	 ̈ (b)	  	Roth Deferrals are not permitted under the Plan.
		
		  	 Distribution of Roth Deferrals. To the extent a Participant takes a distribution or withdrawal from his/her deferral
Account(s), the Participant may designate the extent to which such distribution is taken from the Pre-Tax Deferral Account or from the Roth Deferral Account. (See Section 8.11 (b)(2) of the Plan for default distribution rules if a Participant
fails to designate the appropriate Account for corrective distributions from the Plan.)
  
 Alternatively, the Employer may designate the order of distributions for the distribution types listed below:

			
		  	 ̈ (c)	  	Distributions and withdrawals.
				
		  		  	 ̈ (1)	  	Any distribution will be taken on a pro rata basis from the Participant’s Pre-Tax Deferral Account and Roth Deferral Account.
				
		  		  	 ̈ (2)	  	 Any distribution will be taken first from the Participant’s Roth Deferral Account and then from the Participant’s Pre-Tax
Deferral Account.

				
		  		  	 ̈ (3)	  	Any distribution will be taken first from the Participant’s Pre-Tax Deferral Account and then from the Participant’s Roth Deferral Account.
			
		  	 ̈ (d)	  	Distribution of Excess Deferrals and Excess Annual Additions under Code §415.
				
		  		  	 ̈ (1)	  	Distribution of Excess Deferrals and Excess Annual Additions will be made from Roth and Pre-Tax Deferral Accounts in the same proportion that deferrals were allocated to such
Accounts for the calendar year.
				
		  		  	 ̈ (2)	  	Distribution of Excess Deferrals and Excess Annual Additions will be made first from the Roth Deferral Account and then from the Pre-Tax Deferral Account.
				
		  		  	 ̈ (3)	  	Distribution of Excess Deferrals and Excess Annual Additions will be made first from the Pre-Tax Deferral Account and then from the Roth Deferral Account.

  

			
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Section 6A—Salary Deferrals 
  

							
			
		  	 ̈ (e)	  	Distribution of Salary Deferrals to Highly Compensated Employees to correct ADP or ACP Test failure.
				
		  		  	 ̈ (1)	  	Distribution of Excess Contributions (or Excess Aggregate Contributions) will be made from Roth and Pre-Tax Deferral Accounts in the same proportion that deferrals were allocated to
such Accounts for the Plan Year.
				
		  		  	 ̈ (2)	  	Distribution of Excess Contributions (or Excess Aggregate Contributions) will be made first from the Roth Deferral Account and then from the Pre-Tax Deferral
Account.
				
		  		  	 ̈ (3)	  	Distribution of Excess Contributions (or Excess Aggregate Contributions) will be made first from the Pre-Tax Deferral Account and then from the Roth Deferral
Account.
		
	 6A-6
	  	ADP TESTING. (See Section 6.01 of the Plan.)
			
		  	(a)	  	ADP Testing Method. The ADP Test will be performed using the following testing method: (See Section 6.0 I (a)(2) of the Plan.)
				
		  		  	 ̈ (1)	  	The Plan will use the Current Year Method in running the ADP Test.
				
		  		  		  	  ̈       The Current Year Method has applied
since the              Plan Year. [If the Plan has switched from the Prior Year Method to the Current Year Method, this box may be checked to designate the first Plan Year for
which the Current Year Method applies.]

				
		  		  	 ̈ (2)	  	The Plan will use the Prior Year Method in running the ADP Test.
			
		  		  	[Note: If the Plan is intended to be a Safe Harbor 401(k) Plan (as designated in AA §6C below), the Plan must use the Current Year
Method.]
			
		  	(b)	  	Special rule for first Plan Year. If this is a new 401(k) Plan, the testing method selected in subsection (a) above applies for purposes of applying the ADP
Test for the first Plan Year of the Plan, unless designated otherwise under this subsection (b). If the Prior Year Testing Method applies, the ADP of the Nonhighly Compensated Group for the first Plan Year is deemed to be 3%. (See
Section 6.01(a)(3) of the Plan.)
				
		  		  	 ̈ (1)	  	Instead of the Prior Year Method selected under subsection (a)(2) above, the Plan will use the Current Year Method for the first Plan Year for which the 401(k) Plan is
effective.
				
		  		  	 ̈ (2)	  	Instead of the Current Year Method selected under subsection (a)(1) above, the Plan will use the Prior Year Method for the first Plan Year for which the 401(k) Plan is
effective.
		
	 6A-7
	  	CHANGE OR REVOCATION OF DEFERRAL ELECTION: In addition to the Participant’s Entry Date under the Plan, a Participant may change or resume a deferral election
(on a prospective basis) as of the dates designated in this AA §6A-7. Unless designated otherwise under subsection (t), a Participant may revoke a deferral election (on a prospective basis) at any time.
			
		  	 ̈ (a)	  	As designated under the Salary Reduction Agreement or other written procedures adopted by the Plan Administrator.
			
		  	 ̈ (b)	  	The first day of each calendar quarter.
			
		  	 ̈ (c)	  	The first day of each Plan Year.
			
		  	 ̈ (d)	  	The first day of each calendar month.
			
		  	 ̈ (e)	  	The beginning of each payroll period.
				
		  	 ̈ (f)	  	Other:  	  	 
		
		  	[Note: A Participant must be permitted to change or revoke a deferral election at least once per year.]

  

			
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Section 6A—Salary Deferrals 
  

											
	6A-8	  	AUTOMATIC DEFERRAL ELECTION. No automatic deferral election applies under Section 3.03(c) of the Plan.
		
		  	To provide for an automatic deferral election, complete this AA §6A-8.
			
		  	 ̈ (a)	  	Automatic deferral election. Upon becoming eligible to make Salary Deferrals under the Plan (pursuant to AA §3 and AA §4), a Participant will be deemed
to have entered into a Salary Deferral Election with a
						
		  		  	 ̈ (1)	  	            % of Plan Compensation	  	 ̈ (2)	  	$            
			
		  		  	deferral election for each payroll period, unless the Participant completes a contrary Salary Deferral Election (subject to the limitations under AA §6A-2 and AA
§6A-3) in accordance with procedures adopted by the Plan Administrator. Unless designated otherwise by the Participant, any Salary Deferrals made pursuant to an automatic deferral election will be treated as Pre-Tax Salary
Deferrals.
			
		  	 ̈ (b)	  	Automatic increase. If elected under this subsection (b), the automatic deferral amount will increase each Plan Year by the following amount. (See
Section 3.03(c) of the Plan.)
						
		  		  	 ̈ (1)	  	            % of Plan Compensation	  	 ̈ (2)	  	$            
			
		  		  	 but not in excess of

						
		  		  	  ̈ (3)
	  	            % of Plan Compensation	  	 ̈(4)	  	$            
			
		  	 ̈ (c)	  	Application of automatic deferral provisions. This automatic deferral election will apply to:
				
		  		  	 ̈ (1)	  	all Participants who have not entered into a Salary Deferral Election (including an election not to defer under the Plan).
				
		  		  	 ̈ (2)	  	all Participants who have not entered into a Salary Deferral Election as of              that is at
least equal to the automatic deferral amount under subsection (a). [Note: Any Salary Deferral Election (including an election not to defer under the Plan) entered into on or after the above date will override the automatic deferral
provisions. ]
				
		  		  	 ̈ (3)	  	only Employees who become Participants on or after              and who do not enter into a contrary
Salary Deferral Election (including an election not to defer under the Plan).
		
	6A-9	  	DEFERRAL EFFECTIVE DATE. The provisions of this AA §6A are effective as of:
			
		  	 ̈ (a)	  	the Effective Date of the Plan as designated in subsection (a) or (b) of the Employer Signature Page, as applicable.
			
		  	 ̈ (b)	  	the date the Plan is executed by the Employer (as indicated on the Employer Signature Page).
			
		  	 ̈ (c)	  	            (insert date).
			
		  	 ̈ (d)	  	The following special effective date applies solely for Roth Deferrals under AA §6A-5:
             (date may not be before January 1, 2006). [If this (d) is not checked and Roth Deferrals are permitted under AA §6A-5 above, Roth Deferrals are
effective as of January 1, 2006 (or the Effective Date applicable to Salary Deferrals under this AA §6A-9, if later).]
		
		  	[Note: A Participant may not begin making Salary Deferrals prior to the later of the date the Employee becomes a Participant, the
date the Participant executes the Salary Deferral Election or the date the Plan is adopted or effective. See Section 3.03(a) of the Plan.]
		
	6A-10	  	SIMPLE 401(k) PROVISIONS. The SIMPLE 401(k) provisions under Section 6.05 of the Plan do not apply unless specifically elected under this AA
§6A-10.
			
		  	 ̈	  	By checking this box the Employer elects to have the SIMPLE 401(k) provisions described in Section 6.05 of the Plan apply.
				
		  		  	 ̈ (a)	  	Employer will make Matching Contribution under Section 6.05(b)(3) of the Plan.
				
		  		  	 ̈ (b)	  	Employer will make Employer Contribution under Section 6.05(b)(4) of the Plan.
		
		  	[Note: This AA §6A-10 may only be checked if the Plan uses a calendar-year Plan Year and the Employer is an Eligible Employer as defined in
Section 6.05(a)(1) of the Plan.]

 SECTION 6B 
 MATCHING CONTRIBUTIONS 

					
		
	6B-1	  	MATCHING CONTRIBUTIONS. Is the Employer authorized to make Matching Contributions and/or Qualified Matching Contributions (QMACs) under the Plan?
			
		  	 ̈	  	Yes. [Check this box if Matching Contributions may be made under the Plan, including Matching Contributions that satisfy the ACP safe harbor (i.e., Matching
Contributions that are made in addition to the Safe Harbor Contributions required to satisfy the ADP safe harbor under AA §6C-2(a)).]
			
		  	þ	  	No. [Check this box if there are no Matching Contributions or the only Matching Contributions are Safe Harbor Matching Contributions that satisfy the ADP safe harbor
under AA §6C-2(a). If “No” is checked, skip to Section 6C.]

  

			
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Section 6B—Matching Contributions 
  

											
		
	6B-2	  	MATCHING CONTRIBUTION FORMULAS: For the period designated in AA §6B-5 below, the Employer will make the following Matching Contribution on behalf of
Participants who satisfy the allocation conditions under AA §6B-7 below. [if the Plan provides for After-Tax Contributions, see AA §6D to determine the application of the Matching Contribution formulas to After- Tax
Contributions.]
			
		  	 ̈ (a)	  	Discretionary match. The Employer will determine in its sole discretion how much, if any, it will make as a Matching Contribution. Such amount can be determined
either as a uniform percentage of deferrals or as a flat dollar amount for each Participant.
			
		  	 ̈ (b)	  	Fixed match. The Employer will make a Matching Contribution for each Participant equal to:
				
		  		  	 ̈ (1)	  	            % of Salary Deferrals made for each period designated in AA §6B-5
below.
				
		  		  	 ̈ (2)	  	$             for each period designated in AA §6B-5 below.
				
		  		  	 ̈ (3)	  	            % of Salary Deferrals made for each period designated in AA §6B-5 below. However, to
receive the matching contribution for a given period, a Participant must contribute Salary Deferrals equal to at least       % of Plan Compensation for such period.
				
		  		  	  ̈ (4)
	  	$             for each period designated in AA §6B-5 below. However, to receive the matching
contribution for a given period, a Participant must contribute Salary Deferrals equal to at least             % of Plan Compensation for such period.
			
		  	 ̈ (c)	  	Tiered match. The Employer will make a Matching Contribution to all Participants based on the following tiers of Salary Deferrals.

						
		
	 Salary Deferrals

(% of Plan Compensation or dollar amount)
	  	Match %
		
	 ̈ (1) Salary Deferrals up to first             % or
$            	  	                %
		
	 ̈ (2) Salary Deferrals up to             % or
$            	  	                %
		
	 ̈ (3) Salary Deferrals up to             % or
$            	  	                %
		
	 ̈ (4) Salary Deferrals up to             % or
$            	  	                %

											
			
		  		  	[Note: All tiers must be based on percentages or dollar amounts (but not both). if the Plan is designed to satisfy the ACP safe harbor with respect to
the Matching Contributions, the rate of Matching Contribution may not increase as the rate of Salary Deferrals increase.]
			
		  	 ̈ (d)	  	Discretionary tiered match. The Employer will make a discretionary Matching Contribution to all Participants based on the following tiers of Salary Deferrals. The
Employer may determine the amount of Matching Contribution to be made with respect to each tier of Salary Deferrals.

	
	
	 Salary Deferrals

(% of Plan Compensation or dollar amount)

	
	 ̈ (1) Salary Deferrals up to first             % or
$            
	
	 ̈ (2) Salary Deferrals up to             % or
$            
	
	 ̈ (3) Salary Deferrals up to             % or
$            
	
	 ̈ (4) Salary Deferrals up to             % or
$            

											
			
		  		  	[Note: All tiers must be based on percentages or dollar amounts (but not both). if the Plan is designed to satisfy the ACP safe harbor with respect to
the Matching Contributions, the rate of Matching Contribution may not increase as the rate of Salary Deferrals increase.]

  

			
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Section 6B—Matching Contributions 
  

											
			
		  	 ̈ (e)	  	Year of Service match. The Employer will make a Matching Contribution as a uniform percentage of Salary Deferrals to all Participants based on Years of Service
with the Employer.

						
		
	 Years of Service
	  	Matching
Percentage
		
	  ̈ (1) Upto
            Years of Service
	  	            %
		
	  ̈ (2) Upto
            Years of Service
	  	            %
		
	  ̈ (3) Upto
            Years of Service
	  	            %
		
	  ̈ (4) Years of Service above
	  	            %

											
			
		  		  	 For this purpose, a Year of Service is each Plan Year during which an Employee completes at least 1,000 Hours

of Service. Alternatively, a Year of Service is:           
                                         
                                         
                     

			
		  		  	[Note: Each separate rate of Matching Contribution must satisfy the nondiscrimination requirements under Treas. Reg. §1.401 (a)(4)-4 as a
separate benefit. right or feature. Any alternative definition of a Year of Service must meet the requirements of a Year of Service as defined in Section 2.03 of the Plan.]
			
		  	 ̈ (f)	  	Qualified Matching Contribution (QMACs) are authorized as provided under AA §6B-4 below.
		
	6B-3	  	LIMITS ON MATCHING CONTRIBUTIONS. In applying the Matching Contribution formula(s) selected under AA §6B-2 above, the following limits
apply.
			
		  	 ̈ (a)	  	No limits apply. All Salary Deferrals are eligible for Matching Contributions.
			
		  	 ̈ (b)	  	Limit on Salary Deferrals. The Matching Contribution formula(s) selected in AA §6B-2 above apply only to Salary Deferrals that do not
exceed:
				
		  		  	 ̈ (1)	  	            % of Plan Compensation.
				
		  		  	 ̈ (2)	  	$            .
				
		  		  	 ̈ (3)	  	A discretionary amount determined by the Employer.
			
		  	 ̈ (c)	  	Limit on Matching Contributions. The total Matching Contribution provided under the formula(s) selected in AA §6B-2 above will not exceed:
				
		  		  	 ̈ (1)	  	            % of Plan Compensation.
				
		  		  	 ̈ (2)	  	$            .
			
		  	 ̈ (d)	  	Application of limits. The limits identified in the following subsection(s) of this AA §6B-3
			
		  		  	 ̈         Subsection (b) above
                     ̈        Subsection
(c) above
			
		  		  	do not apply to the following Matching Contribution formula(s):
						
		  		  	 ̈ (1)	  	Discretionary match under AA §6B-2(a).	  		  	
						
		  		  	 ̈ (2)	  	Fixed match under AA §6B-2(b).	  		  	
						
		  		  	 ̈ (3)	  	Tiered match under AA §6B-2(c).	  		  	
						
		  		  	 ̈ (4)	  	Discretionary tiered match under AA §6B-2(d).	  		  	
						
		  		  	 ̈ (5)	  	Year of Service match under AA §6B-2(e)	  		  	
		
		  	[Note: If a Matching Contribution is designed to satisfy the A CP safe harbor (as described in Section 6.04(g) of the Plan), subsection (b)(1)
above must be completed with no more than a 6% of Plan Compensation deferral limit. In addition, if the Matching Contribution is a discretionary formula, to satisfy the ACP safe harbor, subsection (c)(1) above also must be completed with no more
than a 4% of Plan Compensation total match limit.]
		
	6B-4	  	QUALIFIED MATCHING CONTRIBUTIONS (QMACs): For any Plan Year, the Employer may make a discretionary QMAC to the Plan. Such QMAC will be allocated as a uniform
percentage of each Nonhighly Compensated Participant’s Salary Deferrals made during the Plan Year, without regard to any allocation conditions selected under AA §6B-7. Any discretionary Matching Contribution designated as a QMAC under this
AA §6B-4 will automatically be subject to the requirements for QMACs (as described in Section 3.04(d) of the Plan).
		
		  	Alternatively, the following rules will apply with respect to any QMACs authorized under this AA §6B-4:
			
		  	 ̈ (a)	  	Eligibility for QMAC. The discretionary QMAC will be allocated to all Participants (instead of only to Nonhighly Compensated Employees).

  

			
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Section 6B—Matching Contributions 
  

  

	 	 ̈ (b)	Designated QMACs. The Employer may designate under this subsection (b) to treat specific Matching Contributions under AA §6B-2 as QMACs. [Any
Matching Contributions designated as QMACs will automatically be subject to the requirements for QMACs (as described in Section 3.04(d) of the Plan), notwithstanding any contrary selections in this Adoption Agreement.]

  

	 	 ̈ (1)	All Matching Contributions are designated as QMACs. 

  

	 	 ̈ (2)	Matching Contributions described in subsection(s)             of AA §6B-2 above are designated
as QMACs. 

  

	 	 ̈ (c)	Allocation conditions. Any QMAC made pursuant to this AA §6B-4 will be allocated only to Participants who have satisfied the allocation conditions under AA
§6B-7 below. 

  

	6B-5	PERIOD FOR DETERMINING MATCHING CONTRIBUTIONS. The Matching Contribution formula(s) selected in AA §6B-2 above (including any limitations on such amounts
under AA §6B-3) are based on Salary Deferrals for the Plan Year. To apply a different period for determining the Matching Contributions and limits under AA §6B-2 and AA §6B-3, check one of (a) - (d) below.

  

									
	  ̈ (a)
	  	payroll period.	  	 ̈	 (b)	  	  	Plan Year quarter.
	  ̈ (c)
	  	calendar month.	  	 ̈	(d)	  	  	Other:
                                    

 [Note: Although Matching Contributions
(and any limits on those Matching Contributions) will be determined on the basis of the period designated under this AA §6B-5, this does not require the Employer to actually make contributions or allocate contributions on the basis of such
period. Matching Contributions may be contributed and allocated to Participants at any time within the contribution period permitted under Treas. Reg. §1.415-6, regardless of the period selected under this AA §6B-5. See
Section 3.04(c) of the Plan for a discussion of the “true up” requirements applicable to Matching Contributions. Any alternative period designated under subsection (d) may not exceed a 12-month period and will apply uniformly to
all Participants.] 
  

	6B-6	ACP TESTING. (See Section 6.02 of the Plan.) 

  

	 	(a)	ACP Testing Method. The ACP Test will be performed using the following testing method: (See Section 6.02(a)(2) of the Plan.) 

 

	 	 ̈ (1)	The Plan will use the Current Year Method in running the ACP Test. 

  

	 	 ̈	The Current Year Method has applied since the         Plan Year. [If the Plan has switched from the Prior Year Method to the
Current Year Method, this box may be checked to designate the first Plan Year for which the Current Year Method applies.] 

  

	 	 ̈ (2)	The Plan will use the Prior Year Method in running the ACP Test. 

 [Note: If the Plan is intended to be a Safe Harbor 401(k) Plan (as designated in AA §6C below), the Plan must use the Current Year Method.] 

 

	 	(b)	Special rule for first Plan Year. If this is a new 401(k) Plan, the testing method selected in subsection (a) above applies for purposes of applying
the ACP Test for the first Plan Year of the Plan, unless designated otherwise under this subsection (b). If the Prior Year Testing Method applies, the ACP of the Non highly Compensated Employee Group for the first Plan Year is deemed to be 3%. (See
Section 6.02(a)(3) of the Plan.) 

  

	 	 ̈ (1)	Instead of the Prior Year Method selected under subsection (a)(2) above, the Plan will use the Current Year Method for the first Plan Year for which the 401(k)
Plan is effective. 

  

	 	 ̈ (2)	Instead of the Current Year Method selected under subsection (a)(1) above, the Plan will use the Prior Year Method for the first Plan Year for which the 401
(k) Plan is effective. 

  

	6B-7	ALLOCATION CONDITIONS. A Participant who has otherwise satisfied all conditions to receive a Matching Contribution, must satisfy any allocation conditions
designated under this AA §6B-7 to receive an allocation of Matching Contributions under the Plan. [Note: The allocation conditions under this AA §6B-7 do not apply to Safe Harbor Matching Contributions under AA §6C or
QMACS under AA §6B-4, unless provided otherwise under those specific sections. See AA §4-5 for treatment of service with Predecessor Employers for purposes of applying the allocation conditions under this AA §6B-7.]

  

	 	 ̈ (a)	No allocation conditions apply with respect to Matching Contributions under the Plan. 

 

	 	 ̈ (b)	Safe harbor allocation condition. An Employee must be employed by the Employer on the last day of the Plan Year OR must complete more than:

  

	 	 ̈ (1)	         (not to exceed 500) Hours of Service during the Plan Year. 

 

	 	 ̈ (2)	         (not more than 91) consecutive days of employment with the Employer during the Plan Year.

  

	 	 ̈ (c)	Employment condition. An Employee must be employed with the Employer on the last day of the Plan Year. 

 

	 	 ̈ (d)	Minimum service condition. An Employee must be credited with at least: 

 

	 	 ̈ (1)	         Hours of Service (not to exceed 1,000) during the Plan Year. 

 

	 	 ̈ (2)	         (not more than 182) consecutive days of employment with the Employer during the Plan Year.

  

			
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Section 6B—Matching Contributions 
  

  

	 	 ̈ (e)	Application to a specified period. The allocation conditions selected under this AA §6B-7 apply on the basis of the Plan Year. If the Employer will base its
Matching Contributions on a periodic basis (as designated in AA §6B-5), this (e) may be checked to allow the allocation conditions under this AA §6B-7 to be applied with respect to such period. (See Section 3.09(a) of the Plan.)

  

	 	 ̈ (f)	Distribution restriction. An Employee must not take a distribution of the Salary Deferrals eligible for the Matching Contribution prior to the end of the period
for which the Matching Contribution is being made (as defined in AA §6B-5 above). See Section 3.09(c) of the Plan. 

  

	 	 ̈ (g)	Exceptions. 

  

	 	 ̈ (1)	The above allocation condition(s) will not apply: 

  

	 	 ̈ (i)	if the Employee dies during the Plan Year. 

  

	 	 ̈ (ii)	if the Employee terminates employment as a result of a Disability. 

  

	 	 ̈ (iii)	if the Employee terminates employment after attainment of Normal Retirement Age in the current Plan Year or any prior Plan Year. 

 

	 	 ̈ (iv)	if the Employee terminates employment after attainment of Early Retirement Age in the current Plan Year or any prior Plan Year. 

 

	 	 ̈ (v)	to the following Matching Contributions: 

  

	 	 ̈ (A)	Discretionary match under AA §6B-2(a). 

  

	 	 ̈ (B)	Fixed match under AA §6B-2(b). 

  

	 	 ̈ (C)	Tiered match under AA §6B-2(c). 

  

	 	 ̈ (D)	Discretionary tiered match under AA §6B-2(d). 

  

	 	 ̈ (E)	Year of Service match under AA §6B-2(e). 

  

	 	 ̈ (2)	The exceptions selected under (g)(1) do not apply to: 

  

	 	 ̈ (i)	the employment condition under subsection (c) above. 

  

	 	 ̈ (ii)	the minimum service condition under subsection (d) above. 

  

	 	 ̈ (iii)	the distribution restriction under subsection (f) above. 

 SECTION 6C 
 SAFE HARBOR 401(k) CONTRIBUTIONS 

 

	6C-1	SAFE HARBOR 401(k) PLAN. Is the Plan intended to be a Safe Harbor 401(k) Plan? 

 

	 	 ̈	Yes 

  

	 	þ	No [If “No” is checked, skip to Section 6D.] 

  

	6C-2	SAFE HARBOR CONTRIBUTIONS. To qualify as a Safe Harbor 401(k) Plan, the Employer must make a Safe Harbor Matching Contribution or Safe Harbor Employer
Contribution. The Safe Harbor Contribution elected under this AA §6C-2 will be in addition to any Employer Contribution or Matching Contribution elected in AA §6 or AA §6B above. 

 

	 	 ̈ (a)	Safe Harbor Matching Contribution. 

  

	 	(1)	Safe Harbor Matching Contribution formula. 

  

	 	 ̈ (i)	Basic match: 100% of Salary Deferrals up to the first 3% of Plan Compensation, plus 50% of Salary Deferrals up to the next 2% of Plan Compensation.

  

	 	 ̈ (ii)	Enhanced match:         % (not less than 100%) of Salary Deferrals up to
        % (not less than 4% and not more than 6%) of Plan Compensation. 

  

	 	 ̈ (iii)	Tiered match:             % of Salary Deferrals up to the first
        % of Plan Compensation, 

  

	 	 ̈ (A)	plus         % of Salary Deferrals up to the next         % of Plan
Compensation, 

  

	 	 ̈ (B)	plus         % of Salary Deferrals up to the next         % of Plan
Compensation. 

 [Note: The tiered match may not provide for a greater level of match at higher
levels of Salary Deferrals and the total amount of Salary Deferrals eligible for a match may not exceed 6% of Plan Compensation. The tiered match must provide a matching contribution that is at least equivalent at all deferral levels
to the basic match described in subsection (i).] 

  

			
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Section 6C—Safe Harbor 401(k) Contributions 

 

  

	 	(2)	Period for determining Safe Harbor Matching Contributions. The Safe Harbor Matching Contribution formula selected in (1) above is based on Salary Deferrals
for the following period: 

  

	 	 ̈ (i)	Plan Year. 

  

	 	 ̈ (ii)	payroll period. 

  

	 	 ̈ (iii)	Plan Year quarter. 

  

	 	 ̈ (iv)	calendar month. 

[Note: See Section 3.04(c) of the Plan for a discussion of the “true up” requirements applicable to Safe
Harbor Matching Contributions.] 
  

	 	 ̈ (b)	Safe Harbor Employer Contribution: _% (not less than 3%) of Plan Compensation. 

 

	 	 ̈ (1)	Supplemental Safe Harbor notice. Check this selection if the Employer will make the Safe Harbor Employer Contribution pursuant to a supplemental notice, as
described in Section 6.04(a)(4)(ii) of the Plan. 

 [Note: If this
(1) is checked, the Safe Harbor Employer Contribution described above will be required for a Plan Year only if the Employer provides a supplemental notice (as described in Section 6.04(a)(4)(ii) of the Plan). If the Employer
properly provides the Safe Harbor notice but does not provide a supplemental notice, the Employer need not provide the Safe Harbor Employer Contribution described above. In such a case, the Plan will not qualify as a Safe Harbor 401(k) Plan for
that Plan Year and will be subject to ADP/ACP testing, as applicable.] 
  

	 	 ̈ (2)	Other plan. Check this selection if the Safe Harbor Employer Contribution will be made under another plan maintained by the Employer and identify the
plan:                                        
                  

  

	6C-3	ELIGIBILITY FOR SAFE HARBOR CONTRIBUTION. The Safe Harbor Contribution selected in AA §6C-2 above will be allocated to all Participants who are eligible to
make Salary Deferrals under the Plan, unless designated otherwise under this AA §6C-3. 

  

	 	 ̈ (a)	Instead of being allocated to all eligible Participants, the Safe Harbor Contribution will be allocated only to: 

 

	 	 ̈ (1)	Nonhighly Compensated Participants who are eligible to make Salary Deferrals under the Plan (see AA §4). 

 

	 	 ̈ (2)	Nonhighly Compensated Participants who are eligible to make Salary Deferrals under the Plan and any Highly Compensated Non-Key Employees who are eligible to make Salary
Deferrals under the Plan (see AA §4). 

  

	 	 ̈ (b)	Instead of using the eligibility conditions applicable to Salary Deferrals under AA §4, the following eligibility conditions apply for Safe Harbor Contributions:

  

	 	 ̈ (1)	One Year of Service and age 21 with semi-annual Entry Dates. (See Section 6.04(c) of the Plan.) 

 

	 	 ̈ (2)	The eligibility conditions applicable to Matching Contributions (as selected in AA §4). 

 

	 	 ̈ (3)	The eligibility conditions applicable to Employer Contributions (as selected in AA §4). 

[Note: If subsection (2) or (3) is selected, AA §4-1
(a)(6) may not be selected for Matching Contributions (if subsection (2) is selected) or for Employer Contributions (if subsection (3) is selected). For purposes of determining eligibility for Safe Harbor
Contributions, an Employee may not be required to complete more than one Year of Service.] 
  

	6C-4	OFFSET OF ADDITIONAL EMPLOYER CONTRIBUTIONS. Any additional Employer Contributions under AA §6 will be allocated to all eligible Participants in addition to
the Safe Harbor Employer Contribution, unless selected otherwise under this AA §6C-4. 

  

	 	 ̈	If the Safe Harbor Employer Contribution under AA §6C-2(b) is not allocated to all eligible Participants (pursuant to AA §6C-3(a)), check this AA §6C-4
to provide that the Safe Harbor Employer Contribution offsets any additional Employer Contributions designated under AA §6. For this purpose, if the permitted disparity allocation method is selected under AA §6-3(b), this offset applies
only to the second step of the two-step permitted disparity formula or the fourth step of the four-step permitted disparity formula. (See Section 3.02(d)(1) of the Plan.) 

 

	6C-5	DELAYED EFFECTIVE DATE. The Safe Harbor provisions under this AA §6C are effective as of the Effective Date of the Plan, as designated in the Employer
Signature Page. To provide for a delayed effective date for the Safe Harbor provisions, check this AA §6C-5. 

  

	 	 ̈	The Safe Harbor provisions under this AA §6C are effective beginning __. Prior to this delayed effective date, the provisions of this AA §6C do not apply.
Thus, prior to the delayed effective date, the Employer is not obligated to make a Safe Harbor Contribution and the Plan is subject to ADP and ACP Testing, to the extent applicable. 

  

			
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Section 6D—After-Tax Contributions 
  

 SECTION 6D 
 AFTER-TAX CONTRIBUTIONS 
  

	6D-l	AFTER-TAX CONTRIBUTIONS. Are Employees permitted to make After-Tax Contributions under the Plan? 

 

	 	 ̈	Yes 

  

	 	þ	No [If “No” is checked, skip to Section 7.] 

  

	6D-2	LIMITS ON AFTER-TAX CONTRIBUTIONS. A Participant may contribute any amount as After-Tax Contributions up to the Code §415 Limitation (as defined in
Section 5.03 of the Plan), except as limited under this AA §6D-2. 

  

	 	 ̈ (a)	No additional limits.  

  

	 	 ̈ (b)	Maximum limit. A Participant may make After-Tax Contributions up to             % of Plan
Compensation for: 

  

	 	 ̈ (1)	the entire Plan Year. 

  

	 	 ̈ (2)	the portion of the Plan Year during which the Employee is eligible to participate. 

 

	 	 ̈ (3)	each separate payroll period during which the Employee is eligible to participate. 

 

	 	 ̈ (c)	Minimum limit. The amount of After-Tax Contributions a Participant may make for any payroll period may not be less than: 

 

	 	 ̈ (1)	        % of Plan Compensation. 

 

	 	 ̈(2)	$        . 

  

	6D-3	ELIGIBILITY FOR MATCHING CONTRIBUTIONS. 

  

	 	 ̈ (a)	After-Tax Contributions will be taken into account for all Matching Contributions under the Plan. 

 

	 	 ̈ (b)	After-Tax Contributions are not eligible for: 

  

	 	 ̈ (1)	Any Matching Contributions under the Plan (other than Safe Harbor Matching Contributions). 

 

	 	 ̈ (2)	Safe Harbor Matching Contribution elected under AA §6C-2(a)(1). 

  

	 	 ̈ (3)	The following Matching Contributions under AA §6B-2: 

  

	 	 ̈ (i)	Discretionary match 

  

	 	 ̈ (ii)	Fixed match 

  

	 	 ̈ (iii)	Tiered match 

  

	 	 ̈ (iv)	Discretionary tiered match 

  

	 	 ̈ (v)	Year of Service match 

  

	 	 ̈ (c)	The Matching Contribution formula only applies to After-Tax Contributions that do not exceed: 

 

	 	 ̈ (1)	        % of Plan Compensation. 

 

	 	 ̈ (2)	$            . 

 

	 	 ̈ (3)	A discretionary amount determined by the Employer 

 SECTION 7 
 RETIREMENT AGES 

 

	7-1	NORMAL RETIREMENT AGE: Normal Retirement Age under the Plan is: 

  

	 	þ (a)	Age  65 (not to exceed 65). 

  

	 	 ̈ (b)	 The later of (1) age _ (not to exceed 65) or (2) the         (not to exceed 5th) anniversary of the date the Employee commenced participation in the
Plan. 

  

	 	 ̈ (c)	(may not be later than the maximum age permitted under subsection (b)). 

  

	7-2	EARLY RETIREMENT AGE: 

  

	 	 ̈ (a)	There is no Early Retirement Age under the Plan. 

  

			
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Section 7—Retirement Ages 
  

	 	þ (b)	A Participant reaches Early Retirement Age if he/she is still employed after attainment of each of the following: 

 

	 	þ (1)	Attainment of age 55 

  

	 	 ̈ (2)	The          anniversary of the date the Employee commenced participation in the Plan, and/or 

 

	 	þ (3)	The completion of 6 Years of Service, determined as follows: 

  

	 	 ̈ (i)	Same as for eligibility. 

  

	 	þ (ii)	Same as for vesting 

 SECTION
8 
 VESTING AND FORFEITURES 
  

	8-1	CONTRIBUTIONS SUBJECT TO VESTING. Does the Plan provide for Employer Contributions under AA §6 or Matching Contributions under AA §6B that are subject
to vesting? 

  

	 	þ	Yes 

  

	 	 ̈	No [If “No” is checked, skip to Section 9.] 

 [Note: If the Plan holds Employer Contributions and/or Matching Contributions that are subject to vesting but the Plan no longer provides for an allocation of such
contributions, see Section 7.11(e) of the Plan for rules for applying the vesting and forfeiture rules to such contributions.] 
  

	8-2	NORMAL VESTING SCHEDULE. The normal vesting schedule under the Plan is as follows for both Employer Contributions and Matching Contributions, to the extent
authorized under AA §6 and AA §6B. See Section 7.02(a) of the Plan for a description of the various vesting schedules under this AA §8-2. [Note: Any Prevailing Wage Contributions under AA §6-2(d), Safe
Harbor Employer Contributions or Safe Harbor Matching Contributions under AA §6C and any QNECs or QMACs under AA §6-4 or AA §6B-4 are always 100% vested (unless provided otherwise under AA §6-2(d) with respect to
Prevailing Wage Contributions).] 

  

											
	þ (a)	 	Employer Contributions (see AA §6)	  	þ (b)	 	Matching Contributions (see AA §6B)
		 	 ̈(1)	  	     Full and immediate vesting.	  		 	 ̈(1)	 	Full and immediate vesting.
		 	 ̈(2)	  	     Three-year cliff vesting schedule	  		 	 ̈(2)	 	Three-year cliff vesting schedule
		 	 ̈(3)	  	     Five-year cliff vesting schedule	  		 	þ(3)	 	Six-year graded vesting schedule
		 	þ(4)	  	     Six-year graded vesting schedule	  		 	 ̈(4)	 	Modified vesting schedule
		 	 ̈(5)	  	     Seven-year graded vesting schedule	  		 		 	            % after 1 Year of Service
		 	 ̈(6)	  	     Modified vesting schedule	  		 		 	            % after 2 Years of Service
		 		  	                 % after 1 Year of Service	  		 		 	            % after 3 Years of Service
		 		  	                 % after 2 Years of Service	  		 		 	            % after 4 Years of Service
		 		  	                 % after 3 Years of Service	  		 		 	            % after 5 Years of Service
		 		  	                 % after 4 Years of Service	  		 		 	        100% after 6 Years of Service
		 		  	                 % after 5 Years of Service	  		 		 	
		 		  	                 % after 6 Years of Service	  		 		 	
		 		  	           100% after 7 Years of Service	  		 		 	

 [Note: If a modified vesting schedule is selected for Employer
Contributions, the vested percentage for every Year of Service must satisfy the vesting requirements under the 7-year graded vesting schedule, unless 100% vesting occurs after no more than 5 Years of Service. If a modified vesting schedule is
selected for Matching Contributions, the vested percentage for every Year of Service must satisfy the vesting requirements under the 6-year graded vesting schedule, unless 100% vesting occurs after no more than 3 Years of Service.] 

 

	 	(c)	Application of pre-2002 vesting schedule. Unless designated otherwise under this (c), the vesting schedule elected under subsection (b) applies to all
Matching Contributions, including any Matching Contributions made for Plan Years beginning prior to January 1, 2002. (See Section 7.02(a) for special rules that apply for Employees who do not complete an Hour of Service on or after January
1, 2002.) 

  

	 	 ̈	Check this subsection (c) to apply the vesting schedule designated in subsection (b) above only to Matching Contributions made for Plan Years beginning on or
after January 1, 2002. For Matching Contributions made for Plan Years beginning before January 1, 2002, the vesting schedule under the Plan as in effect for such prior Plan Years applies. (The vesting schedule that applies for pre-2002 Plan
Years may be set forth in AA §A-10.) 

  

			
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Section 8—Vesting and Forfeitures 
  

  

	8-3	TOP HEAVY VESTING SCHEDULE. For any Plan Year the Plan is Top Heavy (and for all subsequent Plan Years), the Top Heavy vesting schedule selected in this AA
§8-3 applies, unless provided otherwise under AA §8-6. 

  

											
	þ (a)	  	Employer Contributions (see AA §6)	  	þ (b)	 	Matching Contributions (see AA §6B)
		  	 ̈(1)	 	Full and immediate vesting.	  		 	 ̈(1)	 	Full and immediate vesting.
		  	 ̈(2)	 	Three-year cliff vesting schedule	  		 	 ̈(2)	 	Three-year cliff vesting schedule
		  	þ(3)	 	Six-year graded vesting schedule	  		 	þ(3)	 	Six-year graded vesting schedule
		  	 ̈(4)	 	Modified vesting schedule	  		 	 ̈(4)	 	Modified vesting schedule
		  		 	            % after 1 Year of Service	  		 		 	            % after 1 Year of Service
		  		 	            % after 2 Years of Service	  		 		 	            % after 2 Years of Service
		  		 	            % after 3 Years of Service	  		 		 	            % after 3 Years of Service
		  		 	            % after 4 Years of Service	  		 		 	            % after 4 Years of Service
		  		 	            % after 5 Years of Service	  		 		 	            % after 5 Years of Service
		  		 	        100% after 6 Years of Service	  		 		 	        100% after 6 Years of Service

 [Note: If a modified vesting schedule is selected, the vested percentage for every Year
of Service must satisfy the vesting requirements under the 6-year graded vesting schedule, unless 100% vesting occurs after no more than 3 Years of Service.] 
  

	8-4	VESTING SERVICE. In applying the vesting schedules under this AA §8, the following service with the Employer is excluded. 

 

	 	þ (a)	None, all service with the Employer counts for vesting purposes. 

  

	 	 ̈ (b)	Service before the original Effective Date of this Plan (or a Predecessor Plan) is excluded. 

 

	 	 ̈ (c)	Service completed before the Employee’s _ (not to exceed 18th) birthday is excluded. 

[Note: See Section 7.06 of the Plan and AA §4-5 for rules regarding the crediting of service
with Predecessor Employers for purposes of vesting under the Plan.] 
  

	8-5	VESTING UPON DEATH, DISABILITY OR EARLY RETIREMENT AGE. An Employee’s vesting percentage increases to 100% if, while employed with the Employer, the
Employee 

  

	 	þ (a)	dies 

  

	 	þ (b)	terminates employment due to becoming Disabled 

  

	 	þ (c)	reaches Early Retirement Age 

  

	8-6	SHIFT TO/FROM TOP HEAVY VESTING SCHEDULE. For a Plan Year in which the Plan is a Top Heavy Plan, the Plan automatically shifts to the Top Heavy Plan vesting
schedule. Once a Plan uses a Top Heavy Plan vesting schedule, that schedule will continue to apply for all subsequent Plan Years. 

 To override this default provision, check below: 
  

	 	 ̈	If a Plan switches from Top Heavy status to non-Top Heavy status, the Plan will shift to the normal vesting schedule selected in AA §8-2 beginning with the Plan
Year in which the Plan ceases to be Top Heavy. 

 [Note: The rules under Section 7.08 of the
Plan will apply when a Plan shifts to or from a Top Heavy Plan vesting schedule.] 
  

	8-7	DEFAULT VESTING RULES. In applying the vesting requirements under this AA §8, the following default rules apply. 

 

	 	•	 	 Year of Service. An Employee earns a Year of Service for vesting purposes upon completing 1,000 Hours of Service during a Vesting Computation
Period. Hours of Service are calculated based on actual hours worked during the Vesting Computation Period. (See Section 1.67 of the Plan for the definition of Hours of Service.) 

 

	 	•	 	 Vesting Computation Period. The Vesting Computation Period is the Plan Year. 

 

	 	•	 	 Break in Service Rules. The Nonvested Participant Break in Service rule and One-Year Break in Service rules do NOT apply. (See Section 7.07
of the Plan.) 

 To override the default vesting rules, complete the applicable sections of this AA §8-7.
If this AA §8-7 is not completed, the default vesting rules apply. 

  

			
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Section 8—Vesting and Forfeitures 
  

  

									
	ER	  	Match	  	 	 	 	 
				
	 ̈	  	 ̈	  	 	(a	) 	 	 Year of Service. Instead of 1,000 Hours of Service, an Employee earns a Year of Service

upon the completion of          [must be less than 1,000] Hours of Service during a
Vesting
 Computation Period.

				
	 ̈	  	 ̈	  	 	(b	) 	 	 Vesting Computation Period (VCP). Instead of the Plan Year, the Vesting Computation

Period is:

				
		  		  				 	  ̈ (1)     The 12-month period beginning with the
anniversary of the Employee’s date of hire.

				
		  		  				 	  ̈ (2)     Describe:

				
		  		  				 	[Note: Any Vesting Computation Period described in (2) must be a 12-consecutive month period and must apply uniformly to all Participants.]
				
	 ̈	  	 ̈	  	 	(c	) 	 	Elapsed Time Method. Vesting service will be determined under the Elapsed Time Method. (See Section 7.03(b) of the Plan.)
				
	 ̈	  	 ̈	  	 	(d	) 	 	Equivalency Method. For purposes of determining an Employee’s Hours of Service for vesting, the Plan will use the Equivalency Method (as defined in Section 7.03(a)(2) of
the Plan). The Equivalency Method will apply to:
				
		  		  				 	  ̈ (1)     All Employees.

				
		  		  				 	  ̈ (2)     Only to Employees for whom the Employer
does not maintain hourly records. For Employees for whom the Employer maintains hourly records, vesting will be determined based on actual hours worked.

				
		  		  				 	If this (d) is checked, Hours of Service for vesting will be determined under the following Equivalency Method.
				
		  		  				 	  ̈ (3)     Monthly. 190 Hours of Service for
each month worked.

				
		  		  				 	  ̈ (4)     Daily. 10 Hours of Service for
each day worked.

				
		  		  				 	  ̈ (5)     Weekly. 45 Hours of Service for
each week worked.

				
		  		  				 	  ̈ (6)     Semi-monthly. 95 Hours of Service
for each semi-monthly period.

				
	 ̈	  	 ̈	  	 	(e	) 	 	Nonvested Participant Break in Service rule applies. Service earned prior to a Nonvested Participant Break in Service will be disregarded in applying the vesting rules. (See
Section 7.07(c) of the Plan).
				
	 ̈	  	 ̈	  	 	(f	) 	 	One-Year Break in Service rule applies. The One-Year Break in Service rule (as defined in Section 7.07(b) of the Plan) applies to temporarily disregard an Employee’s
service earned prior to a one-year Break in Service.

  

	8-8	ALLOCATION OF FORFEITURES. Any forfeitures occurring during a Plan Year will be: 

 

					
	ER	  	Match	  	 
			
	þ	  	þ	  	 (a)    Reallocated as additional Employer Contributions or as additional Matching
Contributions.

			
	 ̈	  	 ̈	  	 (b)    Used to reduce Employer and/or Matching Contributions.

	
	 For purposes of this AA §8-8, forfeitures will be applied:

			
	þ	  	þ	  	 (c)    for the Plan Year in which the forfeiture occurs.

			
	 ̈	  	 ̈	  	 (d)    for the Plan Year following the Plan Year in which the forfeitures
occur.

	
	 Prior to applying forfeitures under this AA §8-8:

			
	 ̈	  	 ̈	  	 (e)    Forfeitures will be used to pay Plan expenses.

			
	þ	  	þ	  	 (f)     Forfeitures will not be used to pay Plan expenses.

  

			
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Section 8—Vesting and Forfeitures 
  

  

	8-9	SPECIAL RULES REGARDING CASH-OUT DISTRIBUTIONS. 

  

	 	(a)	Additional allocations. If a terminated Participant receives a complete distribution of his/her vested Account Balance while still entitled to an additional
allocation, the Cash-Out Distribution forfeiture provisions do not apply until the Participant receives a distribution of the additional amounts to be allocated. (See Section 7.10(a)(1) of the Plan.) 

To modify the default Cash-Out Distribution forfeiture rules, complete this AA §8-9(a). 

 

	 	þ	The Cash-Out Distribution forfeiture provisions will apply if a terminated Participant takes a complete distribution, regardless of any additional allocations during
the Plan Year. 

  

	 	(b)	Timing of forfeitures. A Participant who receives a Cash-Out Distribution (as defined in Section 7.10(a) of the Plan) is treated as having an immediate
forfeiture of his/her non vested Account Balance. 

 To modify the forfeiture timing rules to delay the occurrence
of a forfeiture upon a Cash-Out Distribution, complete this AA §8-9(b). 
  

	 	 ̈	A forfeiture will occur upon the completion of         [cannot exceed 5] consecutive Breaks in Service (as
defined in Section 7.07(a) of the Plan). 

 SECTION 9 

DISTRIBUTION PROVISION – TERMINATION OF EMPLOYMENT 

 

	9-1	AVAILABLE FORMS OF DISTRIBUTION. 

 Lump sum distribution. Unless selected otherwise under subsection (e) below, a Participant may take a distribution of his/her entire vested Account Balance in a single lump sum. 

Additional distribution options. To provide for additional distribution options, check the applicable distribution forms under this
AA §9-1. If a lump sum distribution will not be provided under the Plan, check (e) below and indicate that no lump sum distribution is available under the Plan. 

 

	 	 ̈ (a)	Partial lump sum. A Participant may take a distribution of less than the entire vested Account Balance upon termination of employment. 

 

	 	 ̈	Minimum distribution amount. A Participant may not take a partial lump sum distribution of less than $__. 

 

	 	 ̈ (b)	Installment distributions. A Participant may take a distribution over a specified period not to exceed the life or life expectancy of the Participant (and a
designated beneficiary). 

  

	 	 ̈ (c)	Installment distribution for required minimum distributions. A Participant may take an installment distribution solely to the extent necessary to satisfy the
required minimum distribution rules under Section 8 of the Plan. 

  

	 	 ̈ (d)	Annuity distributions. A Participant may elect to have the Plan Administrator use the Participant’s vested Account Balance to purchase an annuity as
described in Section 8.02 of the Plan. 

  

	 	              ̈ (e)   
 Describe:                                     
                                         
                                         
                                         
                                	

[Note: Any distribution option described in (e) will apply uniformly to all Participants under the
Plan and may not be subject to the discretion of the Employer or Plan Administrator.] 
  

	9-2	QUALIFIED JOINT AND SURVIVOR ANNUITY RULES. This Plan is not subject to the Qualified Joint and Survivor Annuity rules, except to the extent required under
Section 9.01 of the Plan (e.g., if the Plan is a Transferee Plan). Upon termination of employment, a Participant may receive a distribution from the Plan, in accordance with the provisions of AA §9-3, in any form allowed under AA
§9-1. (If any portion of this Plan is subject to the Qualified Joint and Survivor Annuity rules, the QJSA and QPSA provisions will automatically apply to such portion of the Plan.) 

To override this default provision, complete the applicable sections of this AA §9-2. 

 

	 	 ̈ (a)	Qualified Joint and Survivor Annuity rules. Check this (a) to apply the Qualified Joint and Survivor Annuity rules to the entire Plan. If this (a) is
checked, all distributions from the Plan must satisfy the QJSA and QPSA requirements under Section 9 of the Plan, with the following modifications: 

  

	 	 ̈ (1)	No modifications. 

  

	 	 ̈ (2)	Modified QJSA benefit. Instead of a 50% survivor benefit, the spouse’s survivor benefit is: 

 

	 	 ̈ (i)	100%                 ̈ (ii) 
       75%                 ̈ (iii)        
66-2/3%. 

  

	 	 ̈ (3)	Modified QPSA benefit. Instead of a 50% QPSA benefit, the QPSA benefit is 100% of the Participant’s vested Account Balance. 

 

	 	 ̈ (b)	One-year marriage rule. The one-year marriage rule does not apply unless this (b) is checked. See Section 9.04(c)(2) of the Plan.

  

			
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Section 9—Distribution Provisions 
  

  

	9-3	TIMING OF DISTRIBUTIONS UPON TERMINATION OF EMPLOYMENT. 

  

	 	(a)	Distribution of vested Account Balances exceeding $5,000. A Participant who terminates employment with a vested Account Balance exceeding $5,000 may receive a
distribution of his/her vested Account Balance in any form permitted under AA §9-1 within a reasonable period following: 

  

	 	þ (1)	the date the Participant terminates employment. 

  

	 	 ̈ (2)	the last day of the Plan Year during which the Participant terminates employment. 

 

	 	 ̈ (3)	the first Valuation Date following the Participant’s termination of employment. 

 

	 	 ̈ (4)	the completion of             Breaks in Service. 

 

	 	 ̈ (5)	the end of the calendar quarter following the date the Participant terminates employment. 

 

	 	 ̈ (6)	attainment of Normal Retirement Age, death or becoming Disabled. 

  

	 	 ̈ (7)	Describe:
                                         
                                         
                                         
  

 [Note: Any distribution event described in
(7) will apply uniformly to all Participants under the Plan and may not be subject to the discretion of the Employer or Plan Administrator.] 
  

	 	(b)	Distribution of vested Account Balances not exceeding $5,000. A Participant who terminates employment with a vested Account Balance that does not exceed $5,000
may receive a lump sum distribution of his/her vested Account Balance within a reasonable period following: 

  

	 	þ (1)	the date the Participant terminates employment. 

  

	 	 ̈ (2)	the last day of the Plan Year during which the Participant terminates employment. 

 

	 	 ̈ (3)	the first Valuation Date following the Participant’s termination of employment. 

 

	 	 ̈ (4)	Describe:
                                         
                                         
                                         
  

 [Note: Any distribution event described in
(4) will apply uniformly to all Participants under the Plan and may not be subject to the discretion of the Employer or Plan Administrator.] 
  

	9-4	DISTRIBUTION UPON DISABILITY. 

  

	 	(a)	Termination of Disabled Employee. A Participant who terminates employment on account of becoming Disabled may receive a distribution of his/her vested Account
Balance in the same manner as a regular distribution upon termination, unless provided otherwise under this AA §9-4(a). 

  

	 	 ̈ (1)	Distribution will be made as soon as reasonable following the date the Participant terminates on account of becoming Disabled. 

 

	 	 ̈ (2)	Distribution will be made as soon as reasonable following the last day of the Plan Year during which the Participant terminates on account of becoming Disabled.

  

	 	 ̈ (3)	Describe:
                                         
                                         
                                         
  

 [Note: Any distribution event described in (3) will
apply uniformly to all Participants under the Plan and may not be subject to the discretion of the Employer or Plan Administrator.] 
  

	 	(b)	Definition of Disabled. A Participant is treated as Disabled if such Participant satisfies the conditions in Section 1.36 of the Plan.

 To override this default definition, check below and insert the definition of Disabled to be used under the
Plan. 
  

	 	þ	Alternative definition of Disabled: A participant is disabled, as a result of sickness or injury, to the extent that he/she is prevented from engaging in any
substantial gainful activity, and is eligible for and receives a disability benefit under Title II of the Federal Social Security Act. 

 [Note: Any alternative definition described above will apply uniformly to all Participants under the Plan. In addition, any alternative definition of Disabled may not
discriminate in favor of Highly Compensated Employees.] 
  

	9-5	SPECIAL RULES. 

  

	 	(a)	Availability of Involuntary Cash-Out Distributions. A Participant who terminates employment with a vested Account Balance of $5,000 or less will receive an
Involuntary Cash-Out Distribution, subject to the Automatic Rollover provisions under Section 8.06 of the Plan. 

 Alternatively, an Involuntary Cash-Out Distribution will be made to the following terminated Participants. 
  

	 	 ̈ (1)	No Involuntary Cash-Out Distributions. The Plan does not provide for Involuntary Cash-Out Distributions. A terminated Participant must consent to any
distribution from the Plan. (See Section 14.03(b) of the Plan for special rules upon Plan termination.) 

  

			
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Section 9—Distribution Provisions 
  

  

	 	 ̈ (2)	Lower Involuntary Cash-Out Distribution threshold. A terminated Participant will receive an Involuntary Cash-Out Distribution only if the Participant’s
vested Account Balance is less than or equal to: 

  

	 	 ̈ (i)	$1,000 

  

	 	 ̈ (ii)	$         (must be less than $5,000) 

 

	 	(b)	Application of Automatic Rollover rules. The Automatic Rollover rules described in Section 8.06 of the Plan do not apply to any Involuntary Cash-Out
Distribution below $1,000 (to the extent available under the Plan). 

 To override this default provision, check
this subsection (b). 
  

	 	 ̈	Check this (b) to apply the Automatic Rollover provisions under Section 8.06 of the Plan to all Involuntary Cash-Out Distributions (including those below
$1,000). 

  

	 	(c)	Treatment of Rollover Contributions. Unless elected otherwise under this (c), Rollover Contributions will be excluded in determining whether a Participant’s
vested Account Balance exceeds the Involuntary Cash-Out threshold for purposes of applying the distribution rules under this AA §9 and Section 8.04(a) of the Plan. To include Rollover Contributions for purposes of applying the Plan’s
distribution rules, check below. 

  

	 	 ̈	In determining whether a Participant’s vested Account Balance exceeds the Involuntary Cash-Out threshold, Rollover Contributions will be included.

 [Note: This (c) should be checked if a lower
Involuntary Cash-Out Distribution is selected in (a)(2) above in order to avoid the Automatic Rollover provisions described in Section 8.06 of the Plan. Failure to check this (c) could cause the Plan to be subject to the Automatic
Rollover provisions if a Participant receives a distribution attributable to Rollover Contributions that exceeds $1,000.] 
  

	 	(d)	Distribution upon attainment of stated age. A Participant must consent to a distribution from the Plan at any time prior to attainment of the Participant’s
Required Beginning Date. 

 To allow for involuntary distribution upon attainment of Normal Retirement Age (or age
62, if later), check below. 
  

	 	 ̈	Subject to the spousal consent requirements under Section 9.04 of the Plan, a distribution from the Plan will be made to a terminated Participant without the
Participant’s consent, regardless of the value of such Participant’s vested Account Balance, upon attainment of Normal Retirement Age (or age 62, if later). 

SECTION 10 

IN-SERVICE DISTRIBUTIONS AND REQUIRED MINIMUM DISTRIBUTIONS 

 

	10-1	AVAILABILITY OF IN-SERVICE DISTRIBUTIONS. A Participant may withdraw all or any portion of his/her vested Account Balance, to the extent designated, upon the
occurrence of the event( s) selected under this AA §10-1. 

  

							
	Deferral	  	Match	  	ER	  	 
				
	 ̈	  	þ	  	þ	  	 (a)    No in-service distributions are permitted.

				
	 ̈	  	 ̈	  	 ̈	  	 (b)    Attainment of age _. [if age is earlier than 59 1/2, such age is deemed to be age 59 1/2 for Salary Deferrals (if this selection is checked under that column).]

				
	þ	  	 ̈	  	 ̈	  	 (c)    A Hardship (that satisfies the safe harbor rules under Section 8.10(d)(1) of the Plan).
[Note: Not applicable to QNECs, QMACs, or Safe Harbor Contributions.]

				
	N/A	  	 ̈	  	 ̈	  	 (d)    A non-safe harbor Hardship described in Section 8.10(d)(2) of the Plan.

				
	 ̈	  	 ̈	  	 ̈	  	 (e)    Attainment of Normal Retirement Age.

				
	 ̈	  	 ̈	  	 ̈	  	 (f)     Attainment of Early Retirement Age.

				
	N/A	  	 ̈	  	 ̈	  	 (g)    The Participant has participated in the Plan for at least
         (cannot be less than 60) months.

				
	N/A	  	 ̈	  	 ̈	  	 (h)    The amounts being withdrawn have been held in the Trust for at least two years.

				
	 ̈	  	 ̈	  	 ̈	  	 (i)     Upon a Participant becoming Disabled (as defined in AA §9-4(b)).

  

  

			
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Section 10-In-Service Distribution Provisions and Required Minimum Distributions 

 

							
	Deferral	  	Match	  	ER	  	 
	 ̈	  	 ̈	  	 ̈	  	
(j)     Describe:                 
                                         
                                         
                         

 [Note: Any selection(s) in the Deferral column also
apply to Roth Deferrals, Safe Harbor Contributions, QMACs and QNECs. Any distribution event described in subsection (j) must apply uniformly to all Participants and may not discriminate in favor of Highly Compensated Employees. If Normal
Retirement Age or Early Retirement Age is earlier than age 59 1/2, such age is deemed to be age 59 1/2 for purposes of determining eligibility to distribute Salary Deferrals (if subsection (e) or (f) is checked under the Deferral column).] 

 

	10-2	SPECIAL DISTRIBUTION RULES. No special distribution rules apply, unless specifically provided under this AA § 10-2. 

 

	 	 ̈ (a)	In-service distributions will only be permitted if the Participant is 100% vested in the amounts being withdrawn. 

 

	 	 ̈ (b)	A Participant may take no more than             in-service distribution(s) in a Plan Year.

  

	 	 ̈ (c)	A Participant may not take an in-service distribution of less than $            (may not exceed
$1,000). 

  

	 	 ̈ (d)	If a Hardship distribution is permitted in AA §10-1 above, a Participant may take such a Hardship distribution after termination of employment.

  

	 	 ̈ (e)	In-service distributions may not be made from the following Accounts:
                                 

 

	10-3	REQUIRED BEGINNING DATE—NON-5% OWNERS. In applying the required minimum distribution rules under Section 8.12 of the Plan, the Required Beginning Date for
non-5% owners is: 

  

	 	þ (a)	 the later of attainment of age 70 1/2 or termination of employment. 

 

	 	 ̈ (b)	 the date the Employee attains age 70 1/2, even if the Employee is still employed with the Employer. 

 

	10-4	REQUIRED DISTRIBUTIONS AFTER DEATH. If a Participant dies before distributions begin and there is a Designated Beneficiary, the Participant or Beneficiary may
elect on an individual basis whether the 5-year rule (as described in Section 8.12(e)(1) of the Plan) or the life expectancy method described under Sections 8.12(a) and (c) of the Plan apply. (See Section 8.12(e)(2) of the Plan for
rules regarding the timing of an election authorized under this AA §10-4.) 

 Alternatively, if selected
below, any death distributions to a Designated Beneficiary will be made under the 5-year rule (as described in Section 8.12(e)(1) of the Plan). 
  

	 	 ̈	The five-year rule under Section 8.12(e)(1) of the Plan applies (instead of the life expectancy method). 

SECTION 11 

MISCELLANEOUS PROVISIONS 
  

	11-1	VALUATION DATES. The Plan is valued annually, as of the last day of the Plan Year. In addition, the Plan will be valued on the following dates:

  

							
	Deferral	  	Match	  	ER	  	 
				
	þ	  	þ	  	þ	  	 (a)    Daily. The Plan is valued at the end of each business day during which the New York Stock
Exchange is open.

				
	 ̈	  	 ̈	  	 ̈	  	 (b)    Monthly. The Plan is valued at the end of each month of the Plan Year.

				
	 ̈	  	 ̈	  	 ̈	  	 (c)    Quarterly. The Plan is valued at the end of each Plan Year quarter.

				
	 ̈	  	 ̈	  	 ̈	  	
(d)    Describe:                 
                                         
                      

				
		  		  		  	 [Note: The Employer may elect operationally to perform interim valuations, provided such valuations do not
result in discrimination in favor of Highly Compensated Employees.]

  

	11-2	DEFINITION OF HIGHLY COMPENSATED EMPLOYEE. In determining which Employees are Highly Compensated (as defined in Section 1.66 of the Plan), the following
rules apply: 

  

	 	þ (a)	The Top-Paid Group Test does not apply. 

  

	 	 ̈ (b)	The Top-Paid Group Test applies. 

  

	 	 ̈ (c)	The Calendar Year Election applies. [This (c) may be chosen only if the Plan Year is not the calendar year. If this (c) is not selected, the
determination of Highly Compensated Employees is based on the Plan Year. See Section 1.66(d) of the Plan.] 

  

			
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Section 11—Miscellaneous Provisions 

 

  

	11-3	SPECIAL RULES FOR APPLYING THE CODE §415 LIMITATION. The provisions under Section 5.03 of the Plan apply for purposes of determining the Code §415
Limitation. 

 Complete this AA §11-3 to override the default provisions that apply in determining the Code
§415 Limitation under Section 5.03 of the Plan. 
  

	 	 ̈ (a)	Limitation Year. Instead of the Plan Year, the Limitation Year is the 12-month period ending
            . 

[Note: If the Plan has a short Plan Year for the first year of establishment, the
Limitation Year is deemed to be the 12-month period ending on the last day of the short Plan Year.] 
  

	 	 ̈ (b)	Imputed compensation. For purposes of applying the Code §415 Limitation, Total Compensation includes imputed compensation for a Nonhighly Compensated
Participant who terminates employment on account of becoming Disabled. (See Section 5.03(c)(7)(iii) of the Plan.) 

  

	11-4	SPECIAL RULES FOR MORE THAN ONE PLAN. 

  

	 	(a)	Top Heavy minimum contribution—Defined Contribution Plan. If the Employer maintains this Plan and one or more Defined Contribution Plans, any Top Heavy
minimum contribution will be provided under this Plan. (See Section 4.04(e)(1) of the Plan.) 

 To provide
the Top Heavy minimum contribution under another Defined Contribution Plan, complete this subsection (a). 
  

	 	 ̈ (1)	The Top Heavy minimum contribution will be provided in the following Defined Contribution Plan maintained by the Employer:
                                         
                                         
                                         
              

  

	 	 ̈ (2)	Describe the Top Heavy minimum contribution that will be provided under the other Defined Contribution Plan:
             

  

	 	 ̈ (3)	Describe Employees who will receive the Top Heavy minimum contribution under the other Defined Contribution Plan:
                                         
                                         
                                         
              

  

	 	(b)	Top Heavy minimum contribution—Defined Benefit Plan. If the Employer maintains this Plan and one or more Defined Benefit Plans, any Top Heavy minimum
contribution will be provided under this Plan, but the minimum required contribution is increased from 3% to 5% of Total Compensation for the Plan Year. (See Section 4.04(e)(2) of the Plan.) 

To provide the Top Heavy minimum benefit under a Defined Benefit Plan, complete this subsection (b). 

 

	 	 ̈ (1)	The Top Heavy minimum benefit will be provided in the following Defined Benefit Plan maintained by the Employer:
                                         
                                         
                                         
                      

  

	 	 ̈ (2)	Describe the Top Heavy minimum benefit that will be provided under the Defined Benefit Plan:
             

  

	 	 ̈ (3)	Describe Employees who will receive Top Heavy minimum benefit under the Defined Benefit Plan:         

  

	 	(c)	Code §415 Limitation. If the Employer maintains another Defined Contribution Plan in which any Participant is a participant, the rules set forth under
Section 5.03(b)(5) of the Plan apply. 

 To modify the default provisions under Section 5.03(b)(5) of the Plan,
designate how such rules will apply. 
  

	 	þ	Instead of applying the default rules under Section 5.03(b)(5) of the Plan, the Employer will limit Annual Additions in the following manner: Follow terms of M&I
Retirement Program. 

 [Note: Any method
designated above must provide for the proper reduction of any Excess Amounts and must preclude Employer discretion in accordance with Treas. Reg. §1.415-1(d)(2).] 

 

	11-5	FAIL-SAFE COVERAGE PROVISION. If the Plan fails the minimum coverage test under Code §410(b) due to the application of an allocation condition under AA
§6-6 or AA §6B-7, the Employer must amend the Plan in accordance with the provisions of Section 14.02(a) of the Plan to correct the coverage violation. 

Alternatively, the Employer may elect under this AA §11-5 to apply a Fail-Safe Coverage Provision that will allow the Plan to
automatically correct the minimum coverage violation. 
  

	 	 ̈	The Fail-Safe Coverage Provision (as described under Section 14.02(b)(1) of the Plan) applies. 

[Note: If the Fail-Safe Coverage Provision applies, the Plan may not perform the average benefit test to
demonstrate compliance with the coverage requirements under Code §410(b), except as provided in Section 14.02 of the Plan.] 

  

			
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Section 11—Miscellaneous Provisions 

 

  

	11-6	PROTECTED BENEFITS. There are no protected benefits (as defined in Code §411(d)(6)) other than those described in the Plan. 

To designate protected benefits other than those described in the Plan, check the appropriate box below: 

 

	 	 ̈ (a)	Additional protected benefits. In addition to the protected benefits described in this Plan, certain other protected benefits are protected from a prior plan
document. See the Addendum attached to this Adoption Agreement for a description of such protected benefits. 

  

	 	 ̈ (b)	Money purchase assets. This Plan contains assets that were held under a Money Purchase Plan (e.g., Money Purchase Plan assets were transferred to this Plan by
merger or trust-to-trust transfer). See Section 14.05(c) of the Plan for rules regarding the treatment of transferred assets. 

  

	 	 ̈ (c)	Elimination of distribution options. Effective __, the distribution options described in subsection (1) below are eliminated. 

 

	 	 ̈ (1)	Describe eliminated distribution options:
                                         
                                         
           

  

	 	 ̈ (2)	Application to existing Account Balances. The elimination of the distribution options described in subsection (1) applies to: 

 

	 	 ̈ (i)	All benefits under the Plan, including existing Account Balances. 

  

	 	 ̈ (ii)	Only benefits accrued after the effective date of the elimination (as described in subsection (c) above). 

[Note: The elimination of distribution options must not violate the “anti-cutback” requirements of Code
§411(d)(6) and the regulations thereunder. See Section 14.01(c) of the Plan.] 

  

			
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Appendix A—Special Effective Dates 
  

 APPENDIX A 

SPECIAL EFFECTIVE DATES 
  

			
		
	 ̈ A-1	  	 Eligible Employees. The definition of Eligible Employee under AA §3 is effective as follows:

 

		
	 ̈ A-2	  	 Minimum age and service conditions. The minimum age and service conditions and Entry Date provisions specified in AA §4 are
effective as follows:
  

		
	 ̈ A-3	  	 Compensation definitions. The compensation definitions under AA §5 are effective as follows:

 

		
	 ̈ A-4	  	 Employer Contributions. The Employer Contribution provisions under AA §6 are effective as follows:

 

		
	 ̈ A-5	  	 Salary Deferrals. The provisions regarding Salary Deferrals under AA §6A are effective as follows:

 

		
	 ̈ A-6	  	 Matching Contributions. The Matching Contribution provisions under AA §6B are effective as follows:

 

		
	 ̈ A-7	  	 Safe Harbor 401(k) Plan provisions. The Safe Harbor 401(k) Plan provisions under AA §6C effective as follows:

 

		
	 ̈ A-8	  	 After-Tax Contributions. The After-Tax Contribution provisions under AA §6D are effective as follows:

 

		
	 ̈ A-9	  	 Retirement ages. The retirement age provisions under AA §7 are effective as follows:

 

		
	þ A-10	  	 Vesting and forfeiture rules. The rules regarding vesting and forfeitures under AA §8 are effective as follows: Service
before January 1, 1990 is the total of an Employee’s countable service expressed in whole years and fractional parts of a year (counting a partial month as a complete month).

 

		
	 ̈ A-11	  	 Distribution provisions. The distribution provisions under AA §9 are effective as follows:

 

		
	 ̈ A-12	  	 In-service distributions and Required Minimum Distributions. The provisions regarding in-service distribution and Required
Minimum Distributions under AA §10 are effective as follows:
  

		
	 ̈ A-13	  	 Miscellaneous provisions. The provisions under AA §11 are effective as follows:

 

		
	 ̈ A-14	  	 Special effective date provisions for merged plans. If any qualified retirement plans have been merged into this Plan, the
provisions of Section 14.04 of the Plan apply, except as follows:
  

		
	 ̈ A-15	  	 Other special effective dates:

 

  

			
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Appendix B—Loan Policy 
  

 APPENDIX B 
 LOAN POLICY 
  

	B-1	Are PARTICIPANT LOANS permitted? (See Section 13 of the Plan.) 

 

	 	 ̈ (a)	Yes. 

  

	 	þ (b)	No. 

  

	B-2	LOAN PROCEDURES. 

  

	 	 ̈ (a)	Loans will be provided under the default loan procedures set forth in Section 13 of the Plan, unless modified under this Appendix B. 

 

	 	 ̈ (b)	Loans will be provided under a separate written loan policy. [If this (b) is checked, do not complete the remainder of this
Appendix B.] 

  

	B-3	LOAN LIMITS. The default loan policy under Section 13.03 of the Plan allows Participants to take a loan provided all outstanding loans do not exceed 50% of
the Participant’s vested Account Balance. To override the default loan policy to allow loans up to $10,000, even if greater than 50% of the Participant’s vested Account Balance, check this AA §B-3. 

 

	 	 ̈	A Participant may take a loan equal to the greater of $10,000 or 50% of the Participant’s vested Account Balance. [If this AA §B-3 is
checked, the Participant may be required to provide adequate security as required under Section 13.06 of the Plan.] 

  

	B-4	NUMBER OF LOANS. The default loan policy under Section 13.04 of the Plan restricts Participants to one loan outstanding at any time. To override the default
loan policy and permit Participants to have more than one loan outstanding at any time, complete (a) or (b) below. 

  

	 	 ̈ (a)	A Participant may have              loans outstanding at any time. 

 

	 	 ̈ (b)	There are no restrictions on the number of loans a Participant may have outstanding at any time. 

 

	B-5	INTEREST RATE. The default loan policy under Section 13.05 of the Plan provides for an interest rate commensurate with the interest rates charged by local
commercial banks for similar loans. To override the default loan policy and provide a specific interest rate to be charged on Participant loans, complete this AA §B-5. 

 

	 	 ̈ (a)	The prime interest rate 

  

	 	 ̈ (1)	plus              percentage point(s). 

 

	 	 ̈ (b)	Describe:
                                         
                                         
                                         
              

  

	 	[Note:	Any interest rate described in this AA §B-5 must be reasonable and must apply uniformly to all Participants.] 

 

	B-6	MINIMUM LOAN AMOUNT. The default loan policy under Section 13.04 of the Plan provides that a Participant may not receive a loan of less than $1,000. To
modify the minimum loan amount, complete (a) or (b) below. 

  

	 	 ̈ (a)	There is no minimum loan amount. 

  

	 	 ̈ (b)	The minimum loan amount is $            . 

 

	B-7	PURPOSE OF LOAN. The default loan policy under Section 13.02 of the Plan provides that a Participant may receive a Participant loan for any purpose. To
modify the default loan policy to restrict the availability of Participant loans to hardship events, check this AA §B-7. 

  

	 	 ̈	A Participant may only receive a Participant loan upon the demonstration of a hardship event, as described in Section 8.10(d)(1)(i) of the Plan.

  

	B-8	SOURCE OF LOAN. The default loan policy under Section 13.09 of the Plan provides that Participant loans will be made first from Employer Contribution and
Employer Matching Contributions Accounts and then from the Salary Deferral Account(s). To modify the default loan policy to modify the contribution sources from which a Participant loan is made, complete (a) or (b) below.

  

	 	 ̈ (a)	Participant loans will be made on a prorata basis from all contribution sources. 

 

	 	 ̈ (b)	Participant loans will only be available from the following contribution sources:
                     

  

	 	[Note:	Any limitations imposed under (b) must apply uniformly to all Participants.] 

  

			
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Appendix C—Administrative Elections 
  

 APPENDIX C 

ADMINISTRATIVE ELECTIONS 

Use this Appendix C to identify certain elections dealing with the administration of the Plan. These elections may be changed without
reexecuting this Agreement by substituting an updated Appendix C with new elections. 
  

	C-1	DIRECTION OF INVESTMENTS. Are Participants permitted to direct investments? (See Section 10.07 of the Plan.) 

 

	 	 ̈ (a)	No 

  

	 	þ (b)	Yes 

  

	 	þ (1)	Specify Accounts: All Accounts 

  

	 	þ (2)	Check this selection if the Plan is intended to comply with ERISA §404(c). (See Section 10.07(d) of the Plan.) 

 

	C-2	ROLLOVER CONTRIBUTIONS. Does the Plan accept Rollover Contributions? (See Section 3.07 of the Plan.) 

 

	 	þ (a)	No 

  

	 	 ̈ (b)	Yes 

  

	    	[Note: The Employer may designate in separate written procedures the extent to which it will accept rollovers from designated plan types.
For example, the Employer may decide not to accept rollovers from plans that have Roth Deferral Accounts or may decide not to accept rollovers from certain designated plans (e.g., 403(b) plans, §457 plans or IRAs). Any special
rollover procedures will apply uniformly to all Participants under the Plan.] 

  

	C-3	LIFE INSURANCE. Are life insurance investments permitted? (See Section 10.08 of the Plan.) 

 

	 	þ (a)	No 

  

	 	 ̈ (b)	Yes 

  

	C-4	QDRO PROCEDURES. Do the default QDRO procedures under Section 11.06 of the Plan apply? 

 

	 	 ̈ (a)	No 

  

	 	þ (b)	Yes 

  

			
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Employer Signature Page 
  

 EMPLOYER SIGNATURE PAGE 
 PURPOSE OF EXECUTION. This Signature Page is being executed to effect: 
  

			
	 ̈ (a)	 	The adoption of a new plan, effective                     
[insert Effective Date of Plan].
		
	þ (b)	 	The restatement of an existing plan, effective 1-1-2010 [insert Effective Date of Plan].
		
		 	(1)    Name of Plane(s) being restated: Prior version of the same Plan
		
		 	(2)    The original effective date of the plane(s) being restated: 1-1-1990
		
	 ̈ (c)	 	An amendment of the Plan. If this Plan is being amended, the updated pages of the Adoption Agreement may be substituted for the original pages in the Adoption Agreement. All
prior Employer Signature Pages should be retained as part of this Adoption Agreement.
		
		 	(1)    Identify the Adoption Agreement section(s) being amended:
                                         
       
		
		 	(2)    Effective Date(s) of such changes:
                                         
                                         
        
		
	 ̈ (d)	 	To identify a Successor Employer. Check this selection if a successor to the signatory Employer is continuing this Plan as a Successor Employer. Complete this Employer
Signature Page and substitute a new page 1 under this Adoption Agreement to identify the Successor Employer. All prior Employer Signature Pages should be retained as part of this Adoption Agreement.
		
		 	(1)    Effective Date of the amendment is:
                                         
                                         
      

 VOLUME SUBMITTER SPONSOR INFORMATION. The Volume Submitter Sponsor will inform the Employer of any amendments made
to the Plan and will notify the Employer if it discontinues or abandons the Plan. To be eligible to receive such notification, the Employer agrees to notify the Volume Submitter Sponsor of any change in address. The Employer may direct inquiries
regarding the Plan or the effect of the Favorable IRS Letter to the Volume Submitter Sponsor (or authorized representative) at the following location: 
 Name of Volume Submitter Sponsor: Marshall & Ilsley Trust Company N.A. 
 Address: 111 East Kilbourn Avenue, Suite 200, Milwaukee, WI 53202 

Telephone number: 414-287-8700 
 IMPORTANT INFORMATION ABOUT THIS VOLUME SUBMITTER PLAN. A failure to properly complete the elections in this Adoption Agreement or to operate the Plan in accordance with applicable law may result
in disqualification of the Plan. The Employer may rely on the Favorable IRS Letter issued by the National Office of the Internal Revenue Service to the Volume Submitter Sponsor as evidence that the Plan is qualified under Code §401, to the
extent provided in Rev. Proc. 2005-16. The Employer may not rely on the Favorable IRS Letter in certain circumstances or with respect to certain qualification requirements, which are specified in the Favorable IRS Letter issued with respect to the
Plan and in Rev. Proc. 2005-16. In order to obtain reliance in such circumstances or with respect to such qualification requirements, the Employer must apply to the office of Employee Plans Determinations of the Internal Revenue Service for a
determination letter. See Section 1.62 of the Plan. 
 By signing this Adoption Agreement, the Employer intends to adopt the provisions as
set forth in this Adoption Agreement and the related Plan document. The Employer understands that the Volume Submitter Sponsor has no responsibility or liability regarding the suitability of the Plan for the Employer’s needs or the options
elected under this Adoption Agreement. It is recommended that the Employer consult with legal counsel before executing this Adoption Agreement. 
  

					
	 Marshall & Ilsley Corporation
	  	 	 	 
	 (Name of Employer)
	  			
		
	 Dennis R. Salentine
	  	 	VP Director of Corp. Benefits	  
	 (Name of authorized representative)
	  	 	(Title)	  
		
	 /s/ Dennis R. Salentine
	  	 	4/1/10	  
	 (Signature)
	  	 	(Date)	  

  

			
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Trustee Declaration 
  

 TRUSTEE DECLARATION 
 Effective date of Trustee Declaration: 1-1-2010 
 The Trustee’s investment powers
are: 
  

			
	 ̈ (a)	 	Discretionary. The Trustee has discretion to invest Plan assets, unless specifically directed otherwise by the Plan Administrator, the Employer, an Investment Manager or
other Named Fiduciary or, to the extent authorized under the Plan, a Plan Participant.
		
	 ̈ (b)	 	Nondiscretionary. The Trustee may only invest Plan assets as directed by the Plan Administrator, the Employer, an Investment Manager or other Named Fiduciary or, to the
extent authorized under the Plan, a Plan Participant.
		
	þ (c)	 	Determined under a separate trust agreement. The Trustee’s investment powers are determined under a separate trust document which replaces (or is adopted in conjunction
with) the trust provisions under the Plan.
		
	 ̈ (d)	 	No Trustee. The Plan is funded exclusively with annuity and/or insurance contracts (see Section 12.16 of the Plan).
		
		 	[Note: To qualify as a Volume Submitter Plan, any separate trust document used in conjunction with this Plan must be approved by the Internal Revenue
Service. Any such approved trust agreement is incorporated as part of this Plan and must be attached hereto. The responsibilities, rights and powers of the Trustee are those specified in the separate trust agreement. If this
(c) is checked, the Trustee need not sign or date this Trustee Declaration.]

  

			
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Interim Amendment #1—Code §415 Amendments 

 

 INTERIM AMENDMENT # 1 

CODE §415 AMENDMENTS 

This Interim Amendment page contains the elective provisions for implementing the interim amendments set forth in Appendix B of the Plan. The interim
amendments are effective as set forth in Appendix B of the Plan and supersede any contrary provisions under the Plan or Adoption Agreement. These amendments do not replace any prior interim amendments that were adopted to comply with the remedial
amendment requirements applicable to these interim amendments. Thus, the date of adoption of such prior interim amendments will continue to control in determining the date as of which such amendments were first adopted to comply with these rules.
(See Section B-1.01 of the Plan.) 
  

	IA1-1	ELECTIVE PROVISIONS AFFECTING POST-SEVERANCE COMPENSATION. 

  

	 	(a)	Exclusion of post-severance compensation from Total Compensation. Total Compensation (as defined in Section 1.127 of the Plan) includes post-severance
compensation, to the extent provided in Section B-3.01(a) of the Plan. To exclude specific types of compensation paid after severance of employment, complete this subsection (a). 

 

	 	    	The following amounts paid after a Participant’s severance of employment are excluded from Total Compensation. 

 

	 	       ̈ (1)    	Unused leave payments. Payment for unused accrued bona fide sick, vacation, or other leave, but only if the Employee would have been able to use the leave if
employment had continued, 

  

	 	       ̈ (2)    	Deferred compensation. Payments received by an Employee pursuant to a nonqualified unfunded deferred compensation plan, but only if the payment would have been
paid to the Employee at the same time if the Employee had continued in employment and only to the extent that the payment is includible in the Employee’s gross income. 

[Note: Plan Compensation (as defined in Section 1.92 of the Plan) includes any post-severance compensation amounts
that are includible in Total Compensation. The Employer may elect to exclude all compensation paid after severance of employment from the definition of Plan Compensation under AA §5-2(j) or may elect to exclude specific types of post-severance
compensation from Plan Compensation under AA §5-2(k).] 
  

	 	(b)	Continuation payments for military service and disabled Participants. Unless designated otherwise under this subsection (b), Total Compensation does not include
continuation payments for military service and disabled Participants. To count Total Compensation paid after severance of employment on account of military service and/or disability, check the appropriate selections under this subsection (b).

  

	 	       ̈ (1)    	Payments for military service. Total Compensation includes amounts paid to an individual who does not currently perform services for the Employer by reason of
qualified military service 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. See Section
B-3.01(b)(1) of the Plan. 

  

	 	       ̈ (2)    	Payments to disabled Participants. Total Compensation shall include post-severance compensation paid to a Participant who is permanently and totally disabled, as
provided in Section B-3.01(b)(2) of the Plan. For this purpose, disability continuation payments will be included for: 

  

	 	      ̈ (i)    	Nonhighly Compensated Employees only 

	 	       ̈ (ii)    	All Participants who are permanently and totally disabled for a fixed or determinable period 

 

	 	(c)	Special effective date provisions. 

  

	 	  (1)	Earlier application of post-severance compensation rules. As provided in Section B-3.01(a) of the Plan, the post-severance compensation rules are
effective for Limitation Years beginning on or after July 1, 2007. To designate an earlier effective date for the post-severance compensation rules under Section B-3.01(a) of the Plan, complete this subsection (1).

  

	 	   ̈	The post-severance compensation rules under Section B-3.01(a) of the Plan are effective for Limitation Years beginning on or after
            [may not be later than July 1, 2007]. 

  

	 	  (2)	Effective date of compensation exclusions. As provided in Section B-3.01(a) of the Plan, the post-severance compensation rules are effective for
Limitation Years beginning on or after July 1, 2007. However, the exclusion of post-severance compensation from the definition of Total Compensation under subsection (b) may be effective at a different date. To designate a different
effective date for the exclusion of post-severance compensation, complete this subsection (2). 

  

	 	   ̈	The exclusion of post-severance compensation from Total Compensation under subsection (b) above is effective for Limitation Years beginning on or after
             . 

  

			
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 Marshall & Ilsley Corporation PS/401(k) Volume Submitter Plan 

Interim Amendment #1—Code §415 Amendments 

 

	 	(d)	Few weeks rule. The few weeks rule (as described in Section B-3.01(d) of the Plan) will not apply unless designated otherwise under this subsection (d).

  

	 	 ̈	Amounts earned but not paid during a Limitation Year solely because of the timing of pay periods and pay dates shall be included in Total Compensation for the
Limitation Year, provided the amounts are paid during the first few weeks of the next Limitation Year, the amounts are included on a uniform and consistent basis with respect to all similarly situated Employees, and no amounts are included in more
than one Limitation Year. 

  

	IA1-2	APPLICATION OF AMENDMENT. Pursuant to Section 5.01 of Revenue Procedure 2005-16, the amendments under Appendix B of the Plan and under this AA
§IA1 have been adopted by the Volume Submitter Sponsor on behalf of all adopting Employers. This amendment supersedes any contrary provisions under the Plan. No Employer signature is required by the Employer to adopt the interim amendments
under Appendix B of the Plan and under this AA §IA1, unless the Employer has selected an elective provision under this AA §IA1. The amendments under Appendix B of the Plan and under this AA §IA1 apply to the signatory Employer and all
Participating Employers under the Plan. (See Section B-1.01 of the Plan.) 

  

	 	    	If the Employer has designated any elective provisions under this AA §IA1, the Employer must sign this Interim Amendment page. The amendment applies to the
signatory Employer and all Participating Employers under the Plan. 

  

					
	 Marshall & Ilsley Corporation
	  	 	 	 
	 (Name of Employer)
	  			
		
	 Dennis R. Salentine
	  	 	VP Director of Corp. Benefits	  
	 (Name of Authorized Representative)
	  	 	(Title)	  
		
	 /s/ Dennis R. Salentine
	  	 	4/1/10	  
	 (Signature)
	  	 	(Date)	  

  

			
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 Marshall & Ilsley Corporation PS/401(k) Volume Submitter Plan 

Interim Amendment #2—Amendments to Comply with Pension Protection Act of 2006 

 

 INTERIM AMENDMENT #2 

AMENDMENTS TO COMPLY WITH THE PENSION PROTECTION ACT OF 2006 
 This Interim Amendment page contains the elective provisions for implementing the interim amendments set forth in Appendix C of the Plan. The interim amendments are effective as set forth
in Appendix C of the Plan and supersede any contrary provisions under the Plan or Adoption Agreement. These amendments do not replace any prior snap-on amendments that were adopted to comply with the remedial amendment requirements
applicable to these interim amendments. Thus, the date of adoption of such prior interim amendments will continue to control in determining the date as of which such amendments were first adopted to comply with these rules. (See Section
C-1.01 of the Plan.) 
  

			
		
	IA2-1	  	VESTING SCHEDULE ELECTIONS. Effective for Plan Years beginning on or after January 1, 2007, the following vesting schedule applies with respect to Employer
Contributions. If no election is made under this AA §IA2-1, the vesting schedule selected under AA §8-3(a) applicable to Employer Contributions will apply.
		
		  	 (a)       PPA vesting schedule. For Plan Years beginning on or after January 1,
2007, the following vesting schedule applies with respect to Employer Contributions. The vesting schedule selected under this subsection (a) overrides any vesting schedule(s) selected under AA §8-2 and AA §8-3.

  

																			
	 ̈ Full and immediate	  	 ̈ 3-year cliff vesting	  	  	 ̈ 6-year graded vesting	  	  	 ̈ Modified schedule	  
		  	1 YOS	  	 	0	% 	  	1 YOS	 	 	0	% 	  	1 YOS	  	 	    	% 
		  	2 YOS	  	 	0	% 	  	2 YOS	 	 	20	% 	  	2 YOS	  	 	    	% 
		  	3 YOS	  	 	100	% 	  	3 YOS	 	 	40	% 	  	3YOS	  	 	    	% 
		  		  				  	4 YOS	 	 	60	% 	  	4 YOS	  	 	    	% 
		  		  				  	5 YOS	 	 	80	% 	  	5 YOS	  	 	    	% 
		  		  				  	6 YOS	 	 	100	% 	  	6 YOS	  	 	100	% 

 [Note: Any schedule selected under the modified schedule must be at
least as rapid as the 3-year cliff or 6-year graded vesting schedule for all years. Any amendment to a vesting schedule must satisfy the requirements of Code §411(a)(7). Thus, for example, a plan using a 5-year cliff schedule generally may not
switch to a 6-year graded schedule. In such a case, the plan will need to use a 5-year graded schedule to comply with the vesting rules.] 
  

			
		
		  	 (b)      Pre-2007 vesting schedule. Unless designated otherwise under this subsection (b),
the vesting schedule elected under subsection (a) applies to all Employer Contributions, including Employer Contributions made prior to the 2007 Plan Year.

		
		  	  ̈            Check
this subsection (b) to apply the PPA vesting schedule designated in subsection (a) above only to Employer Contributions made for Plan Years beginning on or after January 1, 2007. For Employer Contributions made for Plan Years
beginning before January 1, 2007, the vesting schedule in effect under the Plan for such years continues to apply.

		
	IA2-2	  	DIRECT ROLLOVER BY NON-SPOUSE BENEFICIARY. Unless designated otherwise under this AA §IA2-2, effective for distributions made on or after January 1, 2007, a
non-spouse beneficiary (as defined in Code §401(a)(9)(E)) may elect to directly rollover an Eligible Rollover Distribution to an individual retirement account under Code §408(a) or an individual retirement annuity under Code
§408(b).
		
		  	  ̈ (a)    Direct rollovers for non-spouse beneficiaries
are NOT allowed for Plan Years beginning before January 1, 2008.

		
		  	  ̈ (b)   Direct rollovers for non-spouse beneficiaries are NOT
allowed under the Plan.

 [Note: It is possible based on informal guidance by
the IRS that non-spousal rollovers will be mandatory for Plan Years s beginning on or after January 1, 2008. If IRS issues formal guidance making non-spousal rollovers mandatory, any election under (b) will not apply
to the extent such election is inconsistent with IRS guidance.] 
  

			
		
	IA2-3	  	HARDSHIP DISTRIBUTIONS. Unless elected below, the hardship distribution provisions of the Plan do not apply with respect to primary beneficiaries. See Section
C-2.01(c) of the Plan.
		
		  	  ̈          Check this AA
§IA2-3 to apply the hardship distribution provisions of the Plan with respect to primary beneficiaries pursuant to Section C-2.01(c) of the Plan.

		
		  	  ̈ (a)    The provisions of Section C-2.01(c) of the Plan
are effective for hardship distributions made on or after August 17, 2006.

		
		  	  ̈ (b)   The provisions of Section C-2.01(c) of the Plan
are effective for hardship distributions made on or after             (no earlier than August 17, 2006).

  

			
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Interim Amendment #2—Amendments to Comply with Pension Protection Act of 2006 

 

  

			
		
	IA2-4	  	IN-SERVICE DISTRIBUTIONS FROM PENSION PLANS. If this Plan has accepted a transfer of assets from a pension plan (e.g., a money purchase plan), the distribution restrictions
applicable to such transferred assets continue to apply under this Plan. (See Section 14.05(c)(2) of the Plan.) Thus such amounts may not be distributed for reasons other than death, disability, attainment of Normal Retirement Age, or
termination of employment. However, if so elected under this AA §IA2-4, a Participant may receive an in-service distribution of amounts attributable to such transferred assets upon attainment of age 62.
		
		  	  ̈           Check this
provision if the Plan will permit in-service distributions of transferred assets from a pension plan to Participants who have attained age 62.

 [Note: This AA §IA2-4 should only be checked if the Plan holds
assets that were transferred from a pension plan such as a money purchase plan or target benefit plan. See Section 14.05 of the Plan.] 
  

			
		
	IA2-5	  	PERMISSIBLE WITHDRAWALS UNDER ELIGIBLE AUTOMATIC CONTRIBUTION ARRANGEMENTS (EACAs). If the Plan provides for an automatic deferral election under AA §6A-8 or qualifies
as a QACA under AA §IA2-6, and the Plan satisfies the requirements for an EACA (as set forth in Section C-2.02(a) of the Plan), any Employee who has Salary Deferrals contributed to the Plan pursuant to an automatic deferral election under the
EACA may elect to withdraw such contributions (and earnings attributable thereto) in accordance with the requirements of Section C-2.02(b).
		
		  	To override this provision to prohibit such permissible withdrawals, check this AA §IA2-5.
		
		  	  ̈           Although the
Plan contains an automatic deferral election that is designed to satisfy the requirements of an EACA under C-2.02 of the Plan, the permissible withdrawal provisions under C-2.02(b) of the Plan are not available. Thus, an Employee who has amounts
automatically deferred under the Plan may not withdraw such amounts prior to the date such amounts could otherwise be withdrawn had they been deferred at the Employee’s election.

		
	IA2-6	  	QUALIFIED AUTOMATIC CONTRIBUTION ARRANGEMENT (QACA). If elected under this AA §IA2-6, the Plan will apply the Qualified Automatic Contribution provisions described
below. If this AA §IA2-6 applies, the provisions of this Section override any contrary selections in AA §6A-8.
		
		  	  ̈ (a)      Application of QACA
provisions. Effective            , the QACA provisions under Section C-2.03 of the Plan apply.

 [Note: To qualify as a QACA, the requirements under Section C-2.03
must be satisfied for the entire Plan Year.] 
  

			
		
		  	 (b)         Automatic deferral election. Upon becoming eligible to make
Salary Deferrals under the Plan (pursuant to AA §3 and AA §4), a Participant will be deemed to have entered into a Salary Deferral Election equal to the percentage identified in this subsection (b) for each payroll period, unless the
Participant completes a contrary Salary Deferral Election (subject to the limitations under AA §6A-2 and AA §6A-3) in accordance with procedures adopted by the Plan Administrator. Unless designated otherwise by the Participant, any Salary
Deferrals made pursuant to an automatic deferral election will be treated as Pre-Tax Salary Deferrals.

		
		  	  ̈ (1)   Automatic deferral percentage.
            % [must be at least 3% and no more than 10%] of Plan Compensation.

		
		  	  ̈ (2)   Automatic
increase. If elected under this subsection (2), the automatic deferral amount will increase each Plan Year by the following amount:

		
		  	
 ̈ (i)        
        % of Plan Compensation

		
		  	            but not in excess
of

		
		  	
 ̈ (ii)              
 % of Plan Compensation

		
		  	 (3)         Timing of automatic increase. Unless elected otherwise under this
subsection (3), any automatic increase selected in subsection (2) will commence as of the second full Plan Year following the Plan Year in which the automatic deferral election first becomes effective with respect to a Participant. See Section
C-2.03(a) of the Plan.

		
		  	  ̈            Delay
in automatic increase. The automatic increase described above will not take effect until the             full Plan Year following the Plan Year in which the automatic deferral
election first becomes effective with respect to a Participant.

 [Note: If the percentage entered in subsection
(1) above is less than 6%, the Plan must provide for an automatic deferral percentage of at least 4%for the second full Plan Year, 5% for the third full Plan Year and 6% for the fourth full Plan Year
following the Plan Year in which the automatic deferral election first becomes effective with respect to a Participant. See Section C-2.03(a) of the Plan.] 
  

			
		
		  	 (c)       Application of QACA provisions. Unless elected otherwise under this
subsection (c), the QACA provisions under this AA §IA2-6 apply to all eligible Participants who have not entered into an affirmative election (including an election not to defer) as of the effective date of the QACA rules, as set forth in
subsection (a).

		
		  	  ̈            The QACA
provisions under this AA §IA2-6 apply to all Participants who have not entered into a Salary Deferral Election (as of the effective date designated in subsection (a)) that is at least equal to the automatic

  

			
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 Marshall & Ilsley Corporation PS/401(k) Volume Submitter Plan 

Interim Amendment #2—Amendments to Comply with Pension Protection Act of 2006 

 

	 	
deferral amount under subsection (b). [If this (c) is checked, any Participant who has entered into a Salary Deferral Election less than the automatic deferral percentage
designated in subsection (b) automatically will be increased to the automatic deferral amount as of the effective date of the QACA provisions.] 

 

	 	(d)	QACA Safe Harbor Contribution. To qualify as a QACA, the Employer must make a QACA Safe Harbor Matching Contribution or a QACA Safe Harbor Employer Contribution.
The QACA Safe Harbor Contribution elected under this AA §IA2-6(d) will be in addition to any Employer Contribution or Matching Contribution elected under the Plan. 

 

	 	 ̈ (1)	QACA Safe Harbor Matching Contribution. 

  

	 	(i)	QACA Safe Harbor Matching Contribution formula. 

  

	 	 ̈ (A) 	Basic match: 100% of Salary Deferrals up to the first 1% of Plan Compensation, plus 50% of Salary Deferrals up to the next 5% of Plan Compensation.

  

	 	 ̈ (B) 	 Enhanced match:     % (not less than 100%) of Salary Deferrals up to
        % (not less than 31/2,% and not more than 6%) of Plan Compensation. 

  

	 	 ̈ (C) 	Tiered match:     % of Salary Deferrals up to the first     % of Plan Compensation,

  

	 	 ̈ (I)	plus     % of Salary Deferrals up to the next     % of Plan Compensation, 

 

	 	 ̈ (II)	plus     % of Salary Deferrals up to the next     % of Plan Compensation. 

[Note: The tiered match may not provide for a greater level of match at higher levels of Salary Deferrals
and the total amount of Salary Deferrals eligible for a match may not exceed 6% of Plan Compensation. The tiered match must provide a matching contribution that is at least equivalent at all deferral levels to the basic match described
in subsection (A).] 
  

	 	(ii)	Period for determining QACA Safe Harbor Matching Contributions. The QACA Safe Harbor Matching Contribution formula selected in (i) above is based on Salary
Deferrals for the following period: 

  

							
	   ̈ (A)	  	Plan Year.	  	 ̈ (B)	  	payroll period.
	   ̈ (C)	  	Plan Year quarter.	  	 ̈ (D)	  	calendar month.

  

	 	 ̈ (2)	QACA Safe Harbor Employer Contribution:     % (not less than 3%) of Plan Compensation. 

 

	 	 ̈ (i) 	Supplemental Safe Harbor notice. Check this selection if the Employer will make the QACA Safe Harbor Employer Contribution pursuant to a supplemental notice, as
described in Section 6.04(a)(4)(ii) of the Plan. 

 [Note: If
this (i) is checked, the QACA Safe Harbor Employer Contribution described above will be required for a Plan Year only if the Employer provides a supplemental notice (as described in Section 6.04(a)(4)(ii) of the Plan). If the
Employer properly provides the QACA Safe Harbor notice but does not provide a supplemental notice, the Employer need not provide the QACA Safe Harbor Employer Contribution described above. In such a case, the Plan will not qualify as a QACA Safe
Harbor 401(k) Plan for that Plan Year and will be subject to ADP/ACP testing, as applicable.]  
  

	 	 ̈ (ii)	Other plan. Check this selection if the QACA Safe Harbor Employer Contribution will be made under another plan maintained by the Employer and identify the plan:
                     

  

	 	(e)	Special vesting schedule for QACA Safe Harbor Contributions. 

  

	 	 ̈ (1)	Full and immediate 

  

	 	 ̈ (2)	2-year cliff vesting 

  

	 	 ̈ (3)	Graduated vesting 

  

	 	 	    % after 1 Year of Service 

  

	 	 	100% after 2 Years of Service 

  

	IA2-7	APPLICATION OF AMENDMENT. Pursuant to Section 5.01 of Revenue Procedure 2005-16, the amendments under Appendix C of the Plan and under this AA §IA2
have been adopted by the Volume Submitter Sponsor on behalf of all adopting Employers. This amendment supersedes any contrary provisions under the Plan. No Employer signature is required by the Employer to adopt the interim amendments under Appendix
C of the Plan and under this AA §IA2, unless the Employer has selected an elective provision under this AA §IA2. The amendments under Appendix C of the Plan and under this AA §IA2 apply to the signatory Employer and all Participating
Employers under the Plan. (See Section C-1.01 of the Plan.) 

  

			
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Interim Amendment #2—Amendments to Comply with Pension Protection Act of 2006 

 

 If the Employer has designated any elective provisions under this AA §IA2, the
Employer must sign this Interim Amendment page. The amendment applies to the signatory Employer and all Participating Employers under the Plan. 
  

					
	 Marshall & Ilsley Corporation
	  	 	 	 
	 (Name of Employer)
	  			
		
	 Dennis R. Salentine
	  	 	VP Director of Corp. Benefits	  
	 (Name of Authorized Representative)
	  	 	(Title)	  
		
	 /s/ Dennis R. Salentine
	  	 	4/1/10	  
	 (Signature)
	  	 	(Date)	  

  

			
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Section 8—Vesting and Forfeitures 
  

  

									
	 	  	ER	  	Match	  	 	  	 
					
		  	 ̈	  	 ̈	  	(a)	  	Year of Service. Instead of 1,000 Hours of Service, an Employee earns a Year of Service upon the completion of __ [must be less than 1.000] Hours of
Service during a Vesting Computation Period.
					
		  	 ̈	  	 ̈	  	(b)	  	Vesting Computation Period (VCP). Instead of the Plan Year, the Vesting Computation Period is:
					
		  		  		  		  	  ̈ (1)  The 12-month period beginning with the anniversary of the
Employee’s date of hire.

					
		  		  		  		  	  ̈ (2)  Describe:

					
		  		  		  		  	[Note: Any Vesting Computation Period described in (2) must be a 12-consecutive month period and must apply uniformly to all
Participants.]
					
		  	 ̈	  	 ̈	  	(c)	  	Elapsed Time Method. Vesting service will be determined under the Elapsed Time Method. (See Section 7.03(b) of the Plan.)
					
		  	 ̈	  	 ̈	  	(d)	  	Equivalency Method. For purposes of determining an Employee’s Hours of Service for vesting, the Plan will use the Equivalency Method (as defined in Section 7.03(a)(2) of
the Plan). The Equivalency Method will apply to:
					
		  		  		  		  	  ̈ (1)  All Employees.

					
		  		  		  		  	  ̈ (2)  Only to Employees for whom the Employer does not maintain
hourly records. For Employees for whom the Employer maintains hourly records, vesting will be determined based on actual hours worked.

					
		  		  		  		  	If this (d) is checked, Hours of Service for vesting will be determined under the following Equivalency Method.
					
		  		  		  		  	  ̈ (3)  Monthly. 190 Hours of Service for each month
worked.

					
		  		  		  		  	  ̈ (4)  Daily. 10 Hours of Service for each day
worked.

					
		  		  		  		  	  ̈ (5)  Weekly. 45 Hours of Service for each week
worked.

					
		  		  		  		  	  ̈ (6)  Semi-monthly. 95 Hours of Service for each
semi-monthly period.

					
		  	 ̈	  	 ̈	  	(e)	  	Nonvested Participant Break in Service rule applies. Service earned prior to a Nonvested Participant Break in Service will be disregarded in applying the vesting rules. (See
Section 7.07(c) of the Plan).
					
		  	 ̈	  	 ̈	  	(f)	  	One-Year Break in Service rule applies. The One-Year Break in Service rule (as defined in Section 7.07(b) of the Plan) applies to temporarily disregard an Employee’s
service earned prior to a one-year Break in Service.
		
	8-8	  	ALLOCATION OF FORFEITURES. Any forfeitures occurring during a Plan Year will be:
					
	 	  	ER	  	Match	  	 	  	 
					
		  	þ	  	þ	  	(a)	  	Reallocated as additional Employer Contributions or as additional Matching Contributions.
					
		  	 ̈	  	 ̈	  	(b)	  	Used to reduce Employer and/or Matching Contributions.
		
		  	For purposes of this AA §8-8, forfeitures will be applied:
					
		  	þ	  	þ	  	(c)	  	for the Plan Year in which the forfeiture occurs.
					
		  	 ̈	  	 ̈	  	(d)	  	for the Plan Year following the Plan Year in which the forfeitures occur.
		
		  	Prior to applying forfeitures under this AA §8-8:
					
		  	þ	  	þ	  	(e)	  	Forfeitures will be used to pay Plan expenses.
					
		  	 ̈	  	 ̈	  	(f)	  	Forfeitures will not be used to pay Plan expenses.

  

			
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 Marshall & Ilsley Corporation PS/401(k) Volume Submitter Plan 

Appendix B—Loan Policy 
  

 APPENDIX B 

LOAN POLICY 
  

	B-1	Are PARTICIPANT LOANS pemitted? (See Section 13 of the Plan.) 

  

	 	þ (a)	    Yes. 

  

	 	 ̈ (b)	    No. 

  

	B-2	LOAN PROCEDURES. 

  

	 	 ̈ (a)	Loans will be provided under the default loan procedures set forth in Section 13 of the Plan. unless modified under this Appendix B. 

 

	 	þ (b)	Loans will be provided under a separate written loan policy. [if this (b) is checked, do not complete the remainder of this Appendix B.]

  

	B-3	LOAN LIMITS. The default loan policy under Section 13.03 of the Plan allows Participants to take a loan provided all outstanding loans do not exceed 50% of
the Participant’s vested Account Balance. To override the default loan policy to allow loans up to $10,000, even if greater than 50% of the Participant’s vested Account Balance, check this AA §B-3. 

 

	 	 ̈	A Participant may take a loan equal to the greater of $10,000 or 50% of the Participant’s vested Account Balance. [If this AA §B-3 is
checked. the Participant may be required to provide adequate security as required under Section 13.06 of the Plan.] 

  

	B-4	NUMBER OF LOANS. The default loan policy under Section 13.04 of the Plan restricts Participants to one loan outstanding at any time. To override the default
loan policy and permit Participants to have more than one loan outstanding at any time, complete (a) or (b) below. 

  

	 	 ̈ 	(a)     A Participant may have          loans outstanding at any time. 

 

	 	 ̈ 	(b)     There are no restrictions on the number of loans a Participant may have outstanding at any time. 

 

	B-5	INTEREST RATE. The default loan policy under Section 13.05 of the Plan provides for an interest rate commensurate with the interest rates charged by local
commercial banks for similar loans. To override the default loan policy and provide a specific interest rate to be charged on Participant loans, complete this AA §B-5. 

 

	 	 ̈ (a)	    The prime interest rate 

  

	 	 ̈ (1)	    plus          percentage point(s). 

 

	 	 ̈ (b)	    Describe:                     

 [Note: Any interest rate described in this AA §B-5 must be reasonable and must apply uniformly to all
Participants.] 
  

	B-6	MINIMUM LOAN AMOUNT. The default loan policy under Section 13.04 of the Plan provides that a Participant may not receive a loan of less than $1,000. To
modify the minimum loan amount, complete (a) or (b) below. 

  

	 	 ̈ (a)	    There is no minimum loan amount. 

  

	 	 ̈ (b)	    The minimum loan amount is $        . 

 

	B-7	PURPOSE OF LOAN. The default loan policy under Section 13.02 of the Plan provides that a Participant may receive a Participant loan for any purpose. To
modify the default loan policy to restrict the availability of Participant loans to hardship events, check this AA §B-7. 

  

	 	 ̈	A Participant may only receive a Participant loan upon the demonstration of a hardship event, as described in Section 8. 10(d)(1)(i) of the Plan.

  

	B-8	SOURCE OF LOAN. The default loan policy under Section 13.09 of the Plan provides that Participant loans will be made first from Employer Contribution and
Employer Matching Contributions Accounts and then from the Salary Deferral Account(s). To modify the default loan policy to modify the contribution sources from which a Participant loan is made, complete (a) or (b) below.

  

	 	 ̈ (a)	    Participant loans will be made on a prorata basis from all contribution sources. 

 

	 	 ̈ (b)	    Participant loans will only be available from the following contribution sources:
                     

  

[Note: Any limitations imposed under (b) must apply uniformly to all Participants.] 

  

			
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Employer Signature Page 
  

 EMPLOYER SIGNATURE PAGE 
 PURPOSE OF EXECUTION. This Signature Page is being executed to effect: 
  

			
		
	  ̈ (a)The adoption of a new plan, effective
_________________________________________
	  	[insert Effective Date of Plan].
		
	  ̈ (b) The restatement of an existing plan, effective
___________________________________
	  	[insert Effective Date of Plan].

  

	 	(1)	Name of Plan(s) being restated: _____________________________________________________________________ 

 

	 	(2)	The original effective date of the plan(s) being restated: ___________________________________________________ 

 

	þ (c)	An amendment of the Plan. If this Plan is being amended, the updated pages of the Adoption Agreement may be substituted for the original pages in the Adoption
Agreement. All prior Employer Signature Pages should be retained as part of this Adoption Agreement. 

  

	 	(1)	Identify the Adoption Agreement section(s) being amended: Section 8-8 and Appendix B 

 

	 	(2)	Effective Date(s) of such changes: 1-1-2010 and 7-1-2010, respectively 

	 	

	 ̈ (d)	To identify a Successor Employer. Check this selection if a successor to the signatory Employer is continuing this Plan as a Successor Employer. Complete this
Employer Signature Page and substitute a new page 1 under this Adoption Agreement to identify the Successor Employer. All prior Employer Signature Pages should be retained as part of this Adoption Agreement. 

 

	 	(1)	Effective Date of the amendment is: __________________________________________________________________ 

VOLUME SUBMITTER SPONSOR INFORMATION. The Volume Submitter Sponsor will inform the Employer of any amendments made to the Plan and will notify the
Employer if it discontinues or abandons the Plan. To be eligible to receive such notification, the Employer agrees to notify the Volume Submitter Sponsor of any change in address. The Employer may direct inquiries regarding the Plan or the effect of
the Favorable IRS Letter to the Volume Submitter Sponsor (or authorized representative) at the following location: 
 Name of
Volume Submitter Sponsor: Marshall & Ilsley Trust Company N.A. 
 Address: 111 East Kilbourn Avenue, Suite
200, Milwaukee, WI 53202 
 Telephone number: 414-287-8700 
 IMPORT ANT INFORMATION ABOUT THIS VOLUME SUBMITTER PLAN. A failure to properly complete the elections in this Adoption Agreement or to operate the Plan in accordance with applicable law may result
in disqualification of the Plan. The Employer may rely on the Favorable IRS Letter issued by the National Office of the Internal Revenue Service to the Volume Submitter Sponsor as evidence that the Plan is qualified under Code §401, to the
extent provided in Rev. Proc. 2005-16. The Employer may not rely on the Favorable IRS Letter in certain circumstances or with respect to certain qualification requirements, which are specified in the Favorable IRS Letter issued with respect to the
Plan and in Rev. Proc. 2005-16. In order to obtain reliance in such circumstances or with respect to such qualification requirements, the Employer must apply to the office of Employee Plans Determinations of the Internal Revenue Service for a
determination letter. See Section 1.62 of the Plan. 
 By signing this Adoption Agreement, the Employer intends to adopt the provisions as
set forth in this Adoption Agreement and the related Plan document. The Employer understands that the Volume Submitter Sponsor has no responsibility or liability regarding the suitability of the Plan for the Employer’s needs or the options
elected under this Adoption Agreement. It is recommended that the Employer consult with legal counsel before executing this Adoption Agreement. 
  

					
	 Marshall & Ilsley Corporation
	  	 	 	 
	 (Name of Employer)
	  			
		
	 Paul Renard
	  	 	Director of Human Resources	  
	 (Name of Authorized Representative)
	  	 	(Title)	  
		
	 /s/ Paul Renard
	  	 	6/29/10	  
	 (Signature)
	  	 	(Date)	  

  

  

			
	© Copyright 2008	 	1-1-2010

 Page ER -
1 

 Amendment #1 to the 

Missouri State Bank & Trust Company Retirement Savings Plan 
 WHEREAS, Marshall & ilsley Corporation (“M&I”) sponsors the Missouri State Bank & Trust Company Retirement Savings Plan (the “Plan”) under the M&I
Volume Submitter Profit Sharing/401 (k) Plan Adoption Agreement for the exclusive benefit of participating employees and their beneficiaries; and 
 WHEREAS, the M&I reserved the right to amend the Plan in Section 14.01 of the Basic Plan Document applicable to the Plan; and 
 WHEREAS, M&I desires to amend the Plan to i) permit Participants to borrow money from their vested account balances under the Plan, and ii) amend the forfeiture allocation provisions to first
use forfeitures to pay Plan expenses; and 
 WHEREAS, the Board of Directors of M&I have provided the undersigned with authority to
adopt such an amendment to the Plan. 
 NOW, THEREFORE RESOLVED, that effective July 1, 2010, the Missouri State Bank &
Trust Company Retirement Savings Plan is hereby amended to permit Participant loans, and the Adoption Agreement is modified in the following respects to reflect this amendment: 
 B-1 of Appendix B: Check (a) and Uncheck (b)
 B-2 of Appendix B: Check
(b) Loans will be provided under a separate written loan policy. 
 FURTHER RESOLVED, that effective as of January 1, 2010, the
Adoption Agreement is amended as follows to use forfeitures to pay Plan expenses prior to reallocating as an additional contribution: 
 Section 8-8: Uncheck the Match and ER columns in (f)
   Check the
Match and ER columns in (e)
 FURTHER RESOLVED, that the Loan Policy attached to this resolution is hereby adopted and added to the Plan.

 IN WITNESS WHEREOF, the undersigned has executed the foregoing document on behalf of Marshall & Ilsley Corporation this 29
day of June, 2010. 
  

			
	 MARSHALL & ILSLEY CORPORATION

		
	 By:
	 	 /s/ Paul Renard

		 	Senior Vice President, Director of Human Resources

 MISSOURI STATE BANK & TRUST COMPANY RETIREMENT SAVINGS PLAN (the
“Plan”) 
 INTERIM AMENDMENT 
 HEROES EARNINGS ASSISTANCE AND RELIEF (HEART) ACT OF 2008, WORKER, RETIREE, AND 
 EMPLOYER RECOVERY ACT OF 2008 (WRERA) AND OTHER IRS GUIDANCE 
 ARTICLE I

 PURPOSE OF AMENDMENT 
  

	1.01	Adoption by Volume Submitter Sponsor. Pursuant to Section 5.01 of Revenue Procedure 2005-16, the Plan is being amended by the Volume Submitter
Sponsor on behalf of all adopting Employers. The provisions of this Interim Amendment and the elective provisions below are intended to qualify as a good-faith amendment to document the Plan’s compliance with the requirements under the Heroes
Earnings Assistance and Relief (HEART) Act of2008, the Worker, Retiree, and Employer Recovery Act of2008 (WRERA) and other IRS guidance, and the final regulations regarding automatic contribution arrangements. This amendment supersedes any contrary
provisions under the Plan. A copy of this amendment will be provided to all adopting Employers of the Volume Submitter Plan. 

 ARTICLE II 
 REQUIREMENTS UNDER HEROES EARNINGS ASSISTANCE AND RELIEF
(HEART) ACT OF 2008 
  

	2.01	Death Benefits under Qualified Military Service. In the case of a Participant who dies while performing qualified military service (as defined in Code
§414(u)), the survivors of the Participant are entitled to any additional benefits (other than benefit accruals relating to the period of qualified military service) provided under the Plan as though the Participant resumed and then terminated
employment on account of death. This provision is effective with respect to deaths occurring on or after January 1, 2007. 

  

	2.02	Benefit Accruals. If elected under §IA-l(a) of the Elective Provisions section below, for benefit accrual purposes, the Plan will treat an individual
who dies or becomes disabled (as defined under the terms of the Plan) while performing qualified military service (as defined in Code §414(u)) with respect to the Employer, as if the individual has resumed employment in accordance with the
individual’s reemployment rights under chapter 43 of title 38, United States Code, on the day preceding death or disability (as the case may be) and terminated employment on the actual date of death or disability. This provision is effective
with respect to deaths and disabilities occurring on or after January 1, 2007. 

  

	 	(a)	This Section 2.02 shall apply only if all individuals performing qualified military service with respect to the Employer maintaining the plan who die or became
disabled as a result of performing qualified military service prior to reemployment by the employer are credited with service and benefits on reasonably equivalent terms. 

 

	 	(b)	The amount of employee contributions and the amount of elective deferrals of an individual treated as reemployed under this Section 2.02 shall be determined on the
basis of the individual’s average actual employee contributions or elective deferrals for the lesser of: 

  

	 	(1)	the 12-month period of service with the Employer immediately prior to qualified military service, or 

 

	 	(2)	if service with the Employer is less than such 12-month period, the actual length of continuous service with the Employer. 

 

	2.03	Differential Pay. Effective for years beginning on or after January 1, 2009, in the case of an individual who receives Differential Pay from the
Employer: 

  

	 	(a)	such individual will be treated as an Employee of the Employer making the payment, and 

 

	 	(b)	the Differential Pay shall be treated as wages and will be included in calculating an Employee’s Total Compensation under the Plan. 

 If all Employees performing service in the Uniformed Services are entitled to receive
Differential Pay on reasonably equivalent terms and are eligible to make contributions based on the payments on reasonably equivalent terms, the Plan shall not be treated as failing to meet the requirements of any provision described in Code
§414(u)(I)(C) by reason of any contribution or benefit based on Differential Pay. However, for purposes of applying this subparagraph, the provisions of Code §§410(b)(3), (4), and (5) shall apply. The Employer may elect to
exclude Differential Pay from the definition of Plan Compensation under §IA-I (b) of the Elective Provisions section below. 
 For purposes of this Section 2.03, Differential Pay means any payment which is made by an Employer to an individual while the individual is performing service in the Uniformed Services 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 services for the Employer. In applying the provisions of this
Section 2.03, Uniformed Services are services as described in Code §3401(h)(2)(A). 
 Notwithstanding the provisions of
this Section 2.03, an individual shall be treated as having been severed from employment during any period the individual is performing service in the Uniformed Services for purposes of receiving a Plan distribution under Code §40
l(k)(2)(B)(i)(I). If an individual elects to receive a distribution by reason of this paragraph, the individual may not make Salary Deferrals or Employee After-Tax Contributions under the Plan during the 6-month period beginning on the date of the
distribution. 
  

	2.04	Penalty-Free Withdrawals for Individuals Called to Active Duty. Section C-2.01(k) of the Plan is amended to make the penalty-free withdrawal provisions
for qualified reservist distributions permanent. Accordingly, the definition of active duty under Section C-2.01(k)(2) of the Plan is amended to read as follows: 

 

	 	“(2)	Active duty. For purposes of this subsection (k), a Qualified Reservist Distribution will only be available for individuals who are ordered or called into
active duty after September 11, 2001.” 

 ARTICLE III 

REQUIREMENTS UNDER WORKER RETIREE AND EMPLOYER RECOVERY ACT OF 2008 (WRERA) 

AND OTHER IRS GUIDANCE 
  

	3.01	Waiver of Required Minimum Distributions. For calendar year 2009, the Required Minimum Distribution rules under Section 8.12 of the Plan will not
apply. In applying the provisions of Section 8.l2 of the Plan for the 2009 Distribution Calendar Year, 

  

	 	(a)	the Required Beginning Date with respect to any individual shall be determined without regard to this subsection (a) for purposes of applying this paragraph for
Distribution Calendar Years after 2009, and 

  

	 	(b)	required distributions to a beneficiary upon the death of the Participant shall be determined without regard to calendar year 2009. 

A Participant or beneficiary who would have been required to receive a Required Minimum Distribution for the 2009 Distribution Calendar
Year but for the enactment of Code §401(a)(9)(H) (“2009 RMD), may elect whether or not to receive the 2009 RMD (or any portion of such distribution). A distribution of the 2009 RMD or a series of substantially equal distributions (that
include the 2009 RMDs) made at least annually and expected to last for the life (or life expectancy) of the participant, the joint lives (or joint life expectancy) of the participant and the participant’s designated beneficiary, or for a period
of at least 10 years, will be treated as an Eligible Rollover Distribution. However, if all or any portion of a distribution during 2009 is treated as an Eligible Rollover Distribution but would not be so treated if the Required Minimum Distribution
requirements under Section 8.12 of the Plan had applied during 2009, such distribution shall not be treated as an Eligible Rollover Distribution for purposes of Code §§401(a)(31), 402(f) or 3405(c). (See Notice 2009-82 for
transitional rules that apply for purposes of applying the rollover rules to the distribution of 2009 RMDs.) 

  
 2 

	3.02	Non-Spousal Rollovers after December 31, 2009. Effective for Plan Years beginning after December 31, 2009, the Plan must permit a non-spouse
beneficiary (as defined in Code §401(a)(9)(E)) to make a direct rollover of an eligible rollover distribution to an individual retirement account under Code §408(a) or an individual retirement annuity under Code §408(b) that is
established on behalf of the designated beneficiary and that will be treated as an inherited IRA pursuant to the provisions of Code §402( c)(11) . A non-spouse rollover made after December 31, 2009 will be subject to the direct rollover
requirements under Code §401(a)(31), the rollover notice requirements under Code §402(t) or the mandatory withholding requirements under Code §3405(c). 

 

	3.03	Elimination of “Gap Period” Earnings. The method for determining allocable income or loss attributable to a corrective distribution of Excess
Deferrals under Code §402(g) is clarified to provide that only allocable gain or loss through the end of the Plan Year must be taken into account. Thus, “gap period” income need not be included in determining the amount of a
corrective distribution of Excess Deferrals. 

  

	3.04	Transfer of Plan to Unrelated Employer. The Employer may not transfer sponsorship of the Plan to an unrelated employer if the transfer is not in
connection with a transfer of business assets or operations from the Employer to the unrelated taxpayer. 

ARTICLE IV 

REQUIREMENTS UNDER EMERGENCY ECONOMIC STABILIZATION ACT OF 2008 (EESA) 

 

	4.01	In General. This Article IV sets forth the provisions under the Emergency Economic Stabilization Act of 2008 (EESA) relating to Qualified Disaster
Recovery Assistance Distributions made to Participants residing in a federally declared Midwestern disaster area between May 20, 2008 and August 1, 2008. The provisions of this Article IV will apply only to the extent a distribution or
loan has been made to a qualified individual pursuant to the provisions of this Article IV. If the Plan does not operationally apply the rules under this Article IV, such provisions do not apply to the Plan. To the extent this Article IV applies to
the Plan, the provisions of this Amendment supersede any inconsistent provisions of the Plan or loan program. 

  

	4.02	Tax-Favored Withdrawals of Qualified Disaster Recovery Assistance Distributions. 

 

	 	(a)	Eligibility for Qualified Disaster Recovery Assistance Distributions. A Qualified Individual may take a Qualified Disaster Recovery Assistance
Distribution without regard to any distribution restrictions otherwise applicable under the Plan. A Qualified Disaster Recovery Assistance Distribution is not subject to the early distribution penalty under 

Code §72(t). 
  

	 	(1)	Definition of Qualified Disaster Recovery Assistance Distributions. A “Qualified Disaster Recovery Assistance Distribution” is a hardship
distribution, in-service distribution or a loan that is: 

  

	 	(i)	made on or after a presidentially-declared disaster date (“the applicable disaster date”), and before January 1, 2010; 

 

	 	(ii)	by an individual whose principal residence on the applicable disaster date was located in a Midwestern Disaster Area; and 

 

	 	(iii)	who suffered an economic loss due to severe storms, flooding or tornadoes. 

 

	 	(2)	Limit on amount of Qualified Disaster Recovery Assistance Distributions. The aggregate amount of Qualified Disaster Recovery Assistance Distributions
received by an individual for any taxable year (from all plans maintained by the Employer and any member of a controlled group which includes the Employer) may not exceed the excess (if any) of $1 00,000, over the aggregate amounts treated as
Qualified Disaster Recovery Assistance Distributions received by such individual for all prior taxable years. 

  

	 	(b)	Income inclusion spread over 3-year period. Unless a qualified individual elects not to have this paragraph apply for any taxable year, a Qualified
Disaster Recovery Assistance Distribution is not 

  
 3 

 required to be included in gross income for the taxable year of distribution but shall be
included in gross income ratably over the 3-taxable year period beginning with the taxable year of the distribution. 
  

	 	(c)	Repayment of Qualified Disaster Recovery Assistance Distributions. A Participant who received a Qualified Disaster Recovery Assistance Distribution from
the Plan or another eligible retirement plan (as defined in Code §402(c)(8)(B)) may, at any time during the 3-year period beginning on the day after the receipt of such distribution, make one or more rollover contributions to the Plan in an
aggregate amount that does not exceed the amount of such Qualified Disaster Recovery Assistance Distribution. This subsection (c) only applies if the Plan permits rollover contributions. 

 

	4.03	Recontributions of Qualified Hardship Distributions. A Participant who received a qualified hardship distribution to purchase a home in the Midwest
disaster area within six months of the applicable disaster date and the home was not purchased due to the disaster, may recontribute such distributions to the Plan (or an IRA) no later than March 3, 2009. This Section 4.03 only applies if
the Plan permits rollover contributions. 

  

	4.04	Special loan rules. 

  

	 	(a)	 Increased Participant loan limits. Notwithstanding the Participant loan limitations under the Plan, for purposes of determining the
maximum amount of a Participant loan for a qualified individual (as defined in Section 4.02(b) above) during the period from October 3,2008 through December 31, 2009, the loan limits under Section 13.03 of the Plan shall be
applied by substituting “$100,000” for “$50,000” under Section 13.03(a) and “the Participant’s vested Account Balance” for “one-half ( 1/2) of the Participant’s vested Account Balance”
under Section 13.03(b). 

  

	 	(b)	Delayed loan repayment date. If a qualified individual has an outstanding Participant loan on or after the applicable disaster date and before
January 1, 2010: 

  

	 	(1)	the due date for repayment of the Participant loan shall be delayed for 1 year; 

 

	 	(2)	any subsequent repayments with respect to such loan shall be appropriately adjusted to reflect the delay in the due date under subsection (1) and any
interest accruing during such delay; and 

  

	 	(3)	in determining the 5-year period and the term of the loan under Section 13.07 of the Plan, the 1-year delay period described in subsection (1) shall be
disregarded. 

 ARTICLE V 
 FINAL AUTOMATIC CONTRIBUTION REGULATIONS 
  

	5.01	Definition of Eligible Automatic Contribution Arrangement (EACA). Section C-2.02(a) of the Plan is amended to modify the definition of an Eligible
Automatic Contribution Arrangement (EACA). Section C-2.02(a)(I) of the Plan requires that to qualify as an EACA, the automatic contribution arrangement must apply to all eligible Employees who have not entered into an affirmative deferral election.
Under this Section 5.01, the definition of an EACA is modified to allow the Employer to designate the Employees eligible to participate in the EACA. Thus, a Plan will not fail to be an EACA merely because an election is made in AA §6A-8 to
apply the automatic contribution arrangement only to a limited group of Employees. However, if the Plan otherwise qualifies as an EACA but the automatic contribution arrangement does not apply to all eligible Employees (who have not entered into an
affirmative deferral election), the Plan will not qualify for the extended 6-month correction period described in Section C-202( c) of the Plan. 

  

	5.02	Annual EACA notice. Section C-2.02(a)(2)(ii) of the Plan is amended to clarify that the annual EACA notice only needs to be provided to those Employees
who are covered under the EACA. In addition, Section C-2.02(a)(2)(ii) of the Plan is amended to clarify that if it is impractical to provide the annual EACA notice to a newly eligible Participant before the date such individual becomes eligible to
participate under the Plan, the notice will be treated as timely if it is provided as soon as practicable after such date and the Employee is permitted to defer from Plan Compensation earned beginning on the date of participation.

  
 4 

	5.03	Permissible Withdrawals under Eligible Automatic Contribution Arrangement. Section C-2.02(b)(2) of the Plan is amended to provide that a
permissible withdrawal election must be effective no later than the pay date for the second payroll period that begins after the election is made or, if earlier, the first pay date that occurs at least 30 days after the election is made. The
Employer may designate an alternative period for making permissive withdrawals under §IA-3(a) of the Elective Provisions section below. If an Employee does not make automatic deferrals to the Plan for an entire Plan Year (e.g., due to
termination of employment), the Plan may allow such Employee to take a permissive withdrawal, but only with respect to default contributions made after the Employee’s return to employment. 

 

	5.04	Automatic increase. Effective for Plan Years beginning on or after January 1, 2008, Section C-2.03(a) of the Plan is amended to clarify that
any required increase in the minimum deferral percentages described under Section C-2.03(a) is applied from the date a Participant first begins making automatic deferrals under a Qualified Automatic Contribution Arrangement (QACA). In addition,
Sections 3.03(c) and C-2.03 of the Plan are amended to clarify that an automatic increase in the designated deferral percentage may be effective as of a date during the Plan Year, as long as the increase is uniform based on the number of years or
portions of years since an Employee first has automatic contributions made to the Plan. The Employer may designate the date as of which automatic increases are determined under §IA-3(b) of the Elective Provisions section below.

  

	5.05	Treatment of rehires. Effective for Plan Years beginning on or after January 1, 2008, Section C-2.03(a) of the Plan is amended to clarify that the
minimum deferral percentages under a QACA are determined based on the date the Participant first begins making automatic deferrals under the Plan, without regard to whether the Employee continues to be eligible to make contributions after such date.
Thus, the minimum percentage is generally determined based on the number of years since an Employee first has automatic deferrals made under the QACA. However, if an Employee does not make automatic deferrals to the Plan for an entire Plan Year
(e.g., due to termination of employment), the Plan may treat such Employee as having a new initial period for determining the minimum required default percentage under Section C-2.03(a) of the Plan (if such Employee recommences making default
contributions under the QACA), regardless of what minimum percentage would otherwise apply to that Employee. The provisions of this Section 5.05 will automatically apply, unless designated otherwise under §IA-3(c) of the Elective
Provisions section below. 

  

	5.06	Definition of Plan Compensation. For Plan Years beginning on or after January 1,2010, the definition of Plan Compensation used for purposes of
determining default contributions under a QACA must satisfy the safe harbor requirements under Treas. Reg. § 1.401(k)-3(b)(2). For this purpose, if the Plan defines Plan Compensation in a manner that does not satisfy the safe harbor
requirements under Treas. Reg. §1.401(k)-3(b)(2), effective for the first Plan Year beginning on or after January 1, 2010, the definition of Plan Compensation used for determining default contributions will automatically be modified so
that any exclusions that cause the definition of Plan Compensation to fail the safe harbor requirements will apply only to Highly Compensated Employees 

 INTERIM AMENDMENT 
 ELECTIVE PROVISIONS 

This Section contains the elective provisions for implementing the interim amendments set forth in this amendment. The interim amendments and any
elections under these elective provisions supersede any contrary provisions under the Plan or Adoption Agreement. 
 IA-l HEART Act
Provisions 
  

	 	(a)	Benefit Accruals. The benefit accrual provisions under Section 2.02 of this amendment do not apply. To apply the benefit accrual provisions under
Section 2.02, check the box below. 

  

	 	 ̈	Eligibility for Plan benefits. Check this box if the Plan will provide the benefits described in Section 2.02 of this amendment. If this box is
checked, an individual who dies or becomes disabled in qualified military service will be treated as reemployed for purposes of determining entitlement to benefits under the Plan. 

  
 5 

	 	(b)	Treatment of Differential Pay. Section 2.03 of this amendment provides that if an individual performing service in the Uniformed Services receives
Differential Pay from the Employer, such Differential Pay is treated as Total Compensation under the Plan. In addition, unless designated otherwise below, Differential Pay will be treated as Plan Compensation for purposes of applying the
contribution provisions under the Plan. To exclude Differential Pay from Plan Compensation, check the box below. 

  

	 	 ̈	Definition of Plan Compensation. Check this box if Differential Pay will be excluded from the definition of Plan Compensation. If this box is checked, no
contribution under the Plan will be made with respect to Differential Pay. 

 [Note: The exclusion
of Differential Pay from the definition of Plan Compensation may calise the definition of Plan Compensation to fail to satisfy the safe harbor requirements under Treas. Reg. § 1.414(s).] 

 

	IA-2	Required Minimum Distribution. For purposes of applying the Required Minimum Distribution rules for the 2009 Distribution Calendar Year, as described in
Section 3.01 of this amendment, a Participant (including an Alternate Payee or beneficiary of a deceased Participant) who is eligible to receive a Required Minimum Distribution for the 2009 Distribution Calendar Year may elect whether or not to
receive the 2009 Required Minimum Distribution (or any portion of such distribution). Unless elected otherwise under this IA-2, 2009 Required Minimum Distributions will not be made to Participants who are otherwise required to receive a Required
Minimum Distribution for the 2009 Distribution Calendar Year under Section 8.12 of the Plan, unless the Participant elects to receive such distribution. 

 

	 	 ̈	Automatic distribution. If a Participant does not specifically elect to leave the 2009 Required Minimum Distribution in the Plan, such distribution will
be made for the 2009 Distribution Calendar Year pursuant to Section 3.01 of this amendment. 

  

	IA-3	Provisions to Comply with Final Automatic Contribution Regulations 

 

	 	(a)	Permissive Withdrawals under Eligible Automatic Contribution Arrangement. Section C-2.02(b) of the Plan allows a Participant to make a permissive
withdrawal of amounts that are automatically contributed to the Plan, provided the Employee requests a withdrawal no later than 90 days after the date the Plan Compensation from which such Salary Deferrals are withheld would otherwise have been
included in gross income. To provide for a shorter period by which a Participant must elect a permissive withdrawal from the Plan, check the box below. 

  

	 	 ̈	Time period for electing a permissive withdrawal. Instead of a 90-day election period, a Participant must request a permissive withdrawal no later than
             [may not be less than 30 or more than 90] days after the date the Plan Compensation from which such Salary Deferrals are withheld would otherwise have been
included in gross income. 

  

	 	(b)	Effective date of automatic increase. The automatic increase provisions under AA §6A-8(b) or AA §IA2-6, as applicable, are generally effective
as of the beginning of a Plan Year (as set forth in Sections 3.03(c) and C-2.03(a) of the Plan). The first automatic increase occurs as of the appropriate date within the second full Plan Year following the Plan Year in which automatic contributions
begin under the Plan. To provide for the automatic increase as of a different date during the Plan Year, check the box below: 

  

	 	 ̈ (1)	Automatic increase during Plan Year. Instead of becoming effective on the first day of the Plan Year, the automatic increase provisions under AA
§6A-8(b) or AA §IA2-6, as applicable, will be effective on              of each Plan Year. 

 

	 	 ̈ (2)	Timing of first automatic increase. Instead of applying as of a date within the second full Plan Year following the Plan Year in which automatic
contributions begin, the first automatic increase under AA §6A-8(b) or AA §IA2-6, as applicable, will apply as of the appropriate date within the first full Plan Year following the date the automatic contributions begin under the Plan.

  
 6 

	 	(c)	Treatment of rehires. In applying the provisions of Sections 5.02 and 5.05 of this amendment, a Participant is treated as a new Employee if no automatic
deferrals are made to the Plan for a full Plan Year. To override this provision, check the box below. 

  

	 	 ̈	Rehired Employees. In applying the provisions of Sections 5.02 and 5.05 of this amendment, a Participant who does not make automatic deferrals to the Plan
for a full Plan Year will not be treated as a new Employee if such Employee should recommence making automatic deferrals under the Plan. Thus, the Participant’s minimum deferral percentage will continue to be calculated based on the date the
individual first began making automatic deferrals under the Plan. 

 APPLICATION OF AMENDMENT 

Pursuant to Section 5.01 of Revenue Procedure 2005-16, the Plan is being amended by the Volume Submitter Sponsor on behalf of all adopting
Employers. This amendment supersedes any contrary provisions under the Plan or Adoption Agreement. This amendment does not replace any prior amendments that were adopted to comply with the remedial amendment requirements applicable to these interim
amendments. Thus, the date of adoption of any prior interim amendments will continue to control in determining the date as of which such amendments were first adopted to comply with these rules. 

No signature is required by the adopting Employer, unless an elective provision is checked under the Elective Provisions section of this amendment. Any
elective provision selected will apply to the signatory Employer and any other adopting employers of the Plan. 
 Marshall & Ilsley
Corporation                                     

(Name of Employer) 
  

							
	/s/ Paul J. Renard	 		 	SVP - Director of Human Resources
	(Name of Authorized Representative)	 		 	(Title)
				
	/s/ Paul Renard	 		 		 	12/16/10
	(Signature)	 		 		 	(Date)

  
 7 

  
 

 
  

			
		 	 Marshall & Ilsley Corporation
 770 North Water Street
 Milwaukee, WI 53202-3509

414 765-7700
 micorp.com

 SECRETARY’S CERTIFICATE 

I, Gina M. McBride, do hereby certify that I am the duly appointed Secretary of the Board of Directors of Marshall & Ilsley
Corporation (“Corporation”), a Wisconsin corporation, and as such Secretary, I have custody of the books, records and files of said Board of Directors and related committees. 

I further certify that the following is a true and correct copy of a resolution adopted at a meeting of the Board of Directors of the
Corporation held on April 26, 2011, at which meeting a quorum was present, and that said resolution is in full force and has not been amended, modified or revoked. 
 “WHEREAS, Marshall & Ilsley Corporation (the “Corporation”) entered into an Agreement and Plan of Merger dated as of December 17, 2010 (as it may be amended or supplemented
from time to time, the “Merger Agreement”), by and between Bank of Montreal, a Schedule I Bank under the Bank Act (Canada) and the Corporation. 
 WHEREAS, in accordance with the Merger Agreement, the Corporation desires to amend the M&I Retirement Program (the “Plan”) to provide a 2011 profit-sharing contribution and a 2011 incentive
contribution to the extent contemplated and permitted by the Merger Agreement; 
 WHEREAS, in accordance with the Merger
Agreement, the Corporation is required to terminate the Plan and any other 401 (k) plans sponsored by the Corporation and its affiliates prior to the consummation of the transactions contemplated by the Merger Agreement; 

NOW, THEREFORE, BE IT: 
 M&I Retirement Program 
 RESOLVED, that, subject to the
consummation of the transactions contemplated by the Merger Agreement, the M&I Retirement Program is amended as follows effective as of the consummation of the transactions contemplated by the Merger Agreement (except where a different effective
date is specifically set forth): 
  

	 	1.	A new Section 1.31 is added to the Retirement Program to read as follows effective as of January 1, 2011: 

1.31 “Relevant Date” means the date immediately prior to the consummation of the transactions contemplated by the
Agreement and Plan of Merger dated as of December 17, 2010 (as it may be amended or supplemented from time to time, the “Merger Agreement”), by and between Bank of Montreal, a Schedule I Bank under the Bank Act (Canada) and
Marshall & Ilsley Corporation. 

	 	2.	Section 1.14 is amended to add the following paragraph effective as of January 1, 2011: 

Notwithstanding anything in the Plan to the contrary, for the Plan Year beginning on January 1, 2011, a Participant’s Gross
Annual Pay will be limited to the amount of the Gross Annual Pay that the Participant has been paid during the period from January 1, 2011 through the Relevant Date. 

 

	 	3.	Section 1.22 is amended to read as follows: 

 1.22 “Qualifying Employer Security” or “Employer Stock” means common stock of Marshall & I1sley Corporation or, following the Relevant Date, common stock of Bank of
Montreal. 
  

	 	4.	Section 3.01 is amended to add the following paragraph effective as of January 1, 2011: 

For the Plan Year beginning on January 1, 2011, each Employer agrees to pay to the Trustee of the Trust an amount which, when
combined with any allocable forfeitures, shall be equal to 6% of the Gross Annual Pay of the Participants who are its Employees and who are entitled to an allocation under Section 3.03 of the Plan. 

 

	 	5.	Section 3.03 is amended to add the following paragraph effective as of January 1, 2011 : 

For the Plan Year beginning on January 1,20 11, Employer contributions for any Plan Year shall be allocated as of the Relevant Date
among those Participants who have completed a pro-rated 1,000 Hours of Service for such period and who remain in the Employer’s employ on such date by crediting each such Participant’s Profit-Sharing Employer Contribution Account in the
ratio that each such Participant’s Gross Annual Pay for the period ending on the Relevant Date bears to the total Gross Annual Pay for all such Participants for that period. Each Employer’s contributions shall be allocated only among
Participants who are its Employees. Notwithstanding the foregoing, any Employee who terminates prior to the Relevant Date (i) because of death or (ii) after attainment of Retirement Date shall be eligible to share in such allocation,
without regard to whether he has completed a pro-rated 1,000 Hours of Service during such period or remains in the Employer’s employ on the Relevant Date. For purposes of this Section 3.03 and Section 6.01, a pro-rated 1,000 Hours of
Service shall be equal to 1,000 times a fraction, with the numerator being the number of days in the period commencing on January 1, 2011 and ending with the Relevant Date and the denominator being 365. 

 

	 	6.	Section 6.01 is amended to add the following paragraph effective as of January 1, 2011: 

For the period beginning on January 1, 2011 and ending on the Relevant Date, the Employer shall make an Employer Incentive
Contribution for each Participant for whom the Employer has made a Salary Redirection Contribution equal to 50% of the portion of the Participant’s Salary Redirection Contribution which does not exceed 6% of Gross Annual Pay. Participants who
fail to complete a pro-rated 1000 Hours of Service during the period or who do not remain in the Employer’s employ on the 

 Relevant Date shall not share in the allocation of an Employer’s Incentive Contribution
and the amount of Employer Incentive Contributions due the Plan pursuant to this Section 6.01 shall be reduced accordingly; provided, however, that the foregoing rule shall not apply to individuals who die or whose termination of employment
occurs after Retirement Date. 
  

	 	7.	The following sentence is added at the end of Section 13.02: 

 Any Participant shall be permitted to transfer any unpaid Plan loan(s) to another tax-qualified retirement plan accepting such transfer in a direct rollover. 

Termination of Retirement Plans 
 FURTHER RESOLVED that, subject to the consummation of the transactions contemplated by the Merger Agreement, all of the 401(k) plans sponsored by the Corporation and its affiliates, including the M&I
Retirement Program, the Missouri State Bank & Trust Company Retirement Savings Plan and the North Star Financial Corporation 401(k) Plan (collectively the “Retirement Plans”) shall be terminated as of the date immediately prior to
the consummation of such transactions; 
 FURTHER RESOLVED that, pending the distribution of account balances from the
Retirement Plans, plan participants shall be permitted to originate and repay plan loans; 
 FURTHER RESOLVED that, any
Retirement Plan paticipants entitled to receive a distribution shall be permitted to transfer any unpaid plan loan(s) to another tax-qualified retirement plan accepting such transfer in a direct rollover; 

FURTHER RESOLVED, that the appropriate officers of the Corporation are hereby authorized and directed to take such actions, which they
judge to be necessary or appropriate to effectuate the foregoing, including, but not limited to, amending the Retirement Plans before or after the date of termination, the execution of any documents necessary to terminate the Retirement Plans,
seeking and obtaining the approval of the termination of the Retirement Plans and Trust by the Internal Revenue Service and any agency of the U.S. Government whose approval may be required by law, and the distribution of account balances to the plan
participants; 
 General 
 FURTHER RESOLVED, that each of the officers and directors of the Corporation (or its successors) is, in accordance with the foregoing resolutions, authorized and directed, in the name and on behalf of the
Corporation, to prepare, execute and deliver any and all certificates, agreements, amendments, instruments, reports, schedules, statements, consents, documents and information with respect to the actions contemplated by the foregoing resolutions, to
make any filings pursuant to domestic and foreign laws and to take all other actions that he deems necessary, appropriate or advisable in order to comply with the applicable laws and regulations of any jurisdiction (domestic or foreign), or
otherwise to effectuate and carry out the purposes of the foregoing resolutions and to permit the actions contemplated thereby to be lawfully consummated and to take or cause to be taken any and all such further actions and to incur all such fees
and expenses, as in his or her judgment shall be necessary, appropriate or advisable to carry out and effectuate the purpose and intent of any and all of the resolutions contemplated herein; 

 FURTHER RESOLVED, that all actions previously taken by any officer, director, representative
or agent of the Corporation, in the name and on behalf of the Corporation or any of its affiliates in connection with the actions contemplated by the foregoing resolutions be, and each of the same hereby is, adopted, ratified, confirmed and approved
in all respects as the act and deed of the Corporation; and 
 FURTHER RESOLVED, that the appropriate officers of the Corporation
are hereby authorized and directed to take all steps that they or legal counsel judge to be necessary or advisable to carry out the intent and purposes of these resolutions.” 

IN WITNESS WHEREOF, the undersigned has hereunto set her hand and affixed the corporate seal of
Marshall & Ilsley Corporation this 24th day of
May 2011. 
  

			
		 	/s/ Gina M. McBride
		 	 Gina M. McBride

Secretary

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