Document:

Form of Non-Qualified Stock Option Agreement

 Exhibit 10.3 
  
 LEGG MASON, INC. 
  
 1996 Equity Incentive Plan 
 Non-Qualified Stock
Option 
  
 [Name] 
 [Address] 
  
 Dear                     :

  
 Pursuant to the terms and conditions of the company’s 1996 Equity
Incentive Plan and the Non-Qualified Stock Option Agreement attached hereto and made a part hereof, you have been granted a Non-Qualified Stock Option to purchase              shares
of Legg Mason, Inc. Common Stock as outlined below. 
  

			
	 Granted To:
	  	_______________
		
	 Grant Date:
	  	_______________
		
	 Options Granted:
	  	_______________
		
	 Option Price per Share:
	  	_______________
		
	 Total Cost to Exercise:
	  	_______________(payable by subtracting from the shares of Common Stock that would otherwise be issued as discussed below)
		
	 Payment of Option Price:
	  	The shares of Common Stock to be delivered on exercise shall be net of the option price and any required tax withholding.
		
	 Expiration Date:
	  	_______________
		
	 *Vesting Schedule:
	  	25% per year for 4 years
		
	 	  	________on ________
		
	 	  	________on ________
		
	 	  	________on ________
		
	 	  	________on ________

	*	If vesting falls on a non-trading day, then vesting will occur on the next business day. 

			
	 Conditions on Exercise:
	  	The option may not be exercised prior to the first date after             , 20    , on which the
closing price of the Common Stock on the New York Stock Exchange (“NYSE”) has equaled or exceeded for 30 consecutive trading days $            .

  
 Please acknowledge your receipt of
this Option, the Agreement and copies of the Plan and Prospectus, by signing and dating this document and returned it to: Kendra Heyde-Finance Department. 
  
 Legg Mason 
 100 Light Street, 30th Floor 
 Baltimore,
Maryland 21202 
  

							
	 Signature:
	 	  

	  	 	  	Date:                     
	 	 	 [Name]
	  	 	  	 

  
 Note: If there are
any discrepancies in the name or address shown above, 
 Please make the appropriate corrections on this form. 
  

 -2- 

 LEGG MASON, INC. 
  
 1996 Equity Incentive Plan 
  
 NON-QUALIFIED STOCK OPTION AGREEMENT 
  
 Legg Mason, Inc. (the “Company”) hereby grants to you an option to purchase shares of the Company’s Common Stock, $.10 par value (the
“Shares”), at $             per share (the “Option Price”), pursuant to the Legg Mason, Inc. 1996 Equity Incentive Plan (the “Plan”). The date of grant
of the option provided hereby shall for all purposes be             , 20    . This option is intended to be a non-qualified stock option for purposes of
the Internal Revenue Code. 
  
 This option is subject in all
respects to the applicable provisions of the Plan, which is incorporated herein by reference and made a part hereof. In addition to the terms, conditions and restrictions set forth in the Plan, all terms, conditions and restrictions set forth in
this Agreement, including the following, are applicable to the option granted by this Agreement: 
  

	 	(1)	Issuance of the Shares 

  
 The Company may postpone the issuance and delivery of any Shares until the completion or amendment of any registration or qualification of the Shares,
under any federal or state law, rule or regulation which the Company may determine to be necessary or advisable. In the event that, at the time of issuance of the Shares to you pursuant to exercise of the option provided by this Agreement, there
shall not be in effect a current registration statement under the Securities Act of 1933 (the “Act”) with respect to such issuance, you shall, prior to issuance of the Shares to you (a) represent to the Company, in form satisfactory
to counsel for the Company, that you are acquiring the Shares for your own account and not with a view to the resale or distribution thereof, and (b) agree that none of the Shares issued to you pursuant to exercise of the option provided hereby
may be sold, transferred or otherwise disposed of unless: (i) a registration statement under the Act shall be effective at the time of disposition with respect to the Shares sold, transferred or otherwise disposed of; (ii) the Company
shall have received an opinion of counsel or other information and representations, satisfactory to it to the effect that registration under the Act is not required by reason of Rule 144 under the Act or otherwise; or (iii) a
“no-action” letter shall have been received from the staff of the Securities and Exchange Commission to the effect that such sale, transfer or other disposition may be made without registration. 
  

	 	(2)	Normal Vesting 

  
 Except as provided in Section (3) below, vesting shall be in accordance with the vesting schedule provided with this Agreement. To the extent not
exercised, installments shall accumulate and be exercisable by you in whole or in part during the exercise period described in Section (4) below. 
  

	 	(3)	Accelerated Vesting 

  
 (a) If your employment is terminated as a result of your death or “Permanent Disability,” all of your then unvested option rights shall become
vested on and after the date of the termination of your employment. For purposes of this Agreement, you will be considered to have suffered a “Permanent Disability,” if you are unable to engage in any substantial gainful activity by reason
of any medically determinable physical or mental impairment which can be expected to result in your death or which has lasted or can be expected to last for a continuous period of not less than 12 months. 
  
 (b) In the event that a proposed merger, consolidation, sale of assets or
tender or exchange offer is not approved by the affirmative vote of 75% or more of the directors who are members of the Company’s Board of Directors prior to the proposal of such merger, consolidation, sale of assets or tender or exchange
offer, all of your then unvested option rights shall become immediately vested upon: (i) the approval by stockholders of the Company of an agreement to merge or consolidate the Company with or into another corporation (with the Company not
surviving) or to sell or otherwise dispose of all or substantially all of its assets and the satisfaction or waiver of all conditions precedent to the closing thereunder; or (ii) a determination by the Board of Directors of the Company that in
connection with the proposed tender or exchange offer for voting securities of the Company, any person has become the direct or indirect beneficial owner of securities representing 40% or more of the combined voting power of the Company’s then
outstanding securities. 
  
 (c) In addition, the Compensation
Committee (the “Committee”) of the Board of Directors of the Company or the Board of Directors of the Company may, in its sole discretion, accelerate the vesting of any part or all of the option rights under this Agreement. 
  

	 	(4)	Option Exercise Period 

  
 This option may not be exercised prior to the later of (i) vesting and (ii) the first date after
            , 20     on which the closing price of the Common Stock on the New York Stock Exchange (“NYSE”) has equaled or exceeded for 30
consecutive trading days $             (the “Trigger Price Requirement”). If there is any change in the number of outstanding shares of Common Stock through the declaration
of stock dividends, stock splits or the like, the Trigger Price Requirement will be automatically adjusted. 
  
 Upon the termination of your employment, any options that are not yet vested (after taking into account any accelerated vesting provided for in Section
(3) of this Agreement) shall expire immediately. 
  
 To the
extent not exercised, vested options shall expire on             , 20    , unless they expire sooner as provided below: 
  
 (a) Vested options shall expire on
            , 20    , if the Trigger Price Requirement for the Common Stock has not been met by such date and the options have thereby not then become
exercisable. 
  

 -2- 

 (b) To the extent not previously exercised, vested options shall expire immediately upon the termination
of your employment for cause. 
  
 (c) To the extent not previously
exercised and subject to Section (a) above, vested options shall expire, in the event of the termination of your employment as a result of your death or Permanent Disability, on the first anniversary of the termination of your employment or, if
later, the first anniversary of the date on which the Trigger Price Requirement is first met. 
  
 (d) To the extent not previously exercised, vested options shall expire three months after the termination of your employment for any reason other than the termination of your employment for cause or the termination
of your employment as a result of your death or Permanent Disability. In the event of your death during the post-employment exercise period, the exercise period shall be extended to the first anniversary of the termination of your employment.

  

	 	(5)	Transferability 

  
 This option may not be transferred, assigned, pledged, hypothecated or otherwise disposed of in any manner, by operation of law or otherwise, other than
by will or by the laws of descent and distribution, and by gift to your immediate family members or to one or more trusts established in whole or in part for the benefit of one or more of such family members. During your lifetime, this option shall
be exercisable only by you or by an immediate family member or trust to whom the option has been transferred in accordance with the previous sentence. Any attempt to transfer, assign, pledge, hypothecate, or otherwise dispose of, or to subject to
execution, attachment or similar process this option contrary to the provisions of this Agreement and the Plan, shall be void and of no effect, shall give no right to the purported transferee, and shall result in forfeiture of the option involved in
such attempt. 
  

	 	(6)	Payment of Option Price and Tax Withholding 

  
 Upon exercise of the option, the Option Price and any required tax withholding shall be paid by subtracting, from the shares of Common Stock that would be
issued otherwise upon exercise, that number of shares of Common Stock equal in value on the exercise date to (i) the Option Price and (ii) all applicable income and employment taxes required by law to be withheld with respect to such
exercise. 
  
 The Option Price may be paid only in the manner
specified in this section 6 and, as a condition to the receipt of this option, you waive the right to pay the Option Price in any other manner specified in the Plan. 
  
 Unless otherwise determined by the Committee subsequent to the date of this Agreement, the value of any shares of the
Company’s Common Stock withheld in payment of the Option Price and any required tax withholding shall be determined on the basis of the mean between the high and low prices per share on the NYSE on the business day preceding the date of
delivery of the shares (or the next preceding business day on which trading occurred if there was no trading on the preceding business day). 
  

 -3- 

	 	(7)	Exercise Notice 

  
 This option is exercisable solely by written notice to the Company. Each such notice shall: 
  
 (a) state the election to exercise the stock option and the number of shares in respect of which it is being exercised;

  
 (b) be signed by you or, in the event of your death or
Permanent Disability, by your personal representative or by a permitted transferee; and 
  
 (c) authorize withholding of that number of shares of Common Stock otherwise issueable upon exercise, equal in value on the exercise date to the Option Price and any required tax withholding, to pay the exercise price
and such required tax withholding. 
  
 For all purposes of the
Plan, the date of exercise shall be the date on which notice shall have been delivered to the Company. You shall not have any of the rights of a stockholder with respect to any of the Shares subject to this option until the Shares have been issued
to you upon the exercise of the option. 
  

	 	(8)	Delivery of Notices 

  
 Any notice to be given to the Company (including notice of exercise of all or part of a stock option) shall be in writing and either hand delivered or
mailed to the Company’s Stock Option Plan Administrator. If mailed, it shall be addressed to the Stock Option Plan Administrator, at 100 Light Street, Baltimore, Maryland 21202, or at such other address as the Company may designate by notice to
you. Any notice given to you shall be addressed to you at your address as reflected on the personnel records of the Company, or at such other address as you may designate by notice to the Company. Notice shall be deemed to have been duly delivered
when hand delivered or, if mailed, at the close of business on the day such notice is postmarked. 
  

	 	(9)	Modification of Agreement 

  
 This Agreement may be modified only by the Committee or by the Company’s Board of Directors. No officer or employee of the Company or any of its
subsidiaries is authorized to bind the Company to a modification of any of the terms of the Agreement. 
  

			
	LEGG MASON, INC.
		
	By:	 	  

	 	 	Robert F. Price, Secretary

  

 -4-Amendment and Restatement of Retirement and Savings Plan

 Exhibit 10.1 
  
 AMGEN RETIREMENT 
 AND SAVINGS PLAN 
 (As Amended and Restated Effective January 1, 2006) 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page

	 ARTICLE 1.
	  	 INTRODUCTION AND PLAN HISTORY
	  	1
	 ARTICLE 2.
	  	 DEFINITIONS
	  	1
	 2.1
	  	“Accounts”	  	1
	 2.2
	  	“Affiliated Group”	  	1
	 2.3
	  	“Alternate Payee”	  	1
	 2.4
	  	“Annual Additions”	  	1
	 2.5
	  	“Annual Deferral Limit”	  	1
	 2.6
	  	“Beneficiary”	  	1
	 2.7
	  	“Board”	  	1
	 2.8
	  	“Break in Service”	  	2
	 2.9
	  	“Catch-up Contribution”	  	2
	 2.10
	  	“Code”	  	2
	 2.11
	  	“Company”	  	2
	 2.12
	  	“Company Contributions”	  	2
	 2.13
	  	“Company Stock”	  	2
	 2.14
	  	“Company Stock Fund”	  	2
	 2.15
	  	“Compensation”	  	2
	 2.16
	  	“Compensation Limitation”	  	3
	 2.17
	  	“Disability”	  	3
	 2.18
	  	“Eligible Employee”	  	3
	 2.19
	  	“Employee”	  	3
	 2.20
	  	“Employee Contributions”	  	4
	 2.21
	  	“ERISA”	  	4
	 2.22
	  	“Excess Deferrals”	  	4
	 2.23
	  	“Exchange Act”	  	4
	 2.24
	  	“Five-Year Break in Service”	  	4
	 2.25
	  	“Forfeiture”	  	4
	 2.26
	  	“Fund” or “Investment Fund”	  	4
	 2.27
	  	“Hardship Withdrawal”	  	4
	 2.28
	  	“Highly Compensated Employee”	  	4
	 2.29
	  	“Hour of Service”	  	4
	 2.30
	  	“Matching Contribution”	  	5
	 2.31
	  	“Nonelective Contribution”	  	5
	 2.32
	  	“Normal Retirement Age”	  	5
	 2.33
	  	“Participant”	  	5
	 2.34
	  	“Participant Elected Contribution”	  	5
	 2.35
	  	“Participating Company”	  	5
	 2.36
	  	“Payroll”	  	5
	 2.37
	  	“Plan”	  	6
	 2.38
	  	“Plan Benefit”	  	6
	 2.39
	  	“Plan Year”	  	6
	 2.40
	  	“QDRO”	  	6
	 2.41
	  	“Rollover Contribution”	  	6

  

 -i- 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page

	 2.42
	  	“Salary Deferral Agreement”	  	6
	 2.43
	  	“Section 415 Compensation”	  	6
	 2.44
	  	“Section 415 Employer Group”	  	6
	 2.45
	  	“Top-Paid Group”	  	6
	 2.46
	  	“Trust Agreement”	  	6
	 2.47
	  	“Trustee”	  	6
	 2.48
	  	“Trust Fund”	  	6
	 2.49
	  	“Valuation Date”	  	6
	 2.50
	  	“Year of Service”	  	6
	 ARTICLE 3.
	  	 ELIGIBILITY AND PARTICIPATION
	  	7
	 3.1
	  	Eligibility to Participate	  	7
	 3.2
	  	Commencement of Participation	  	7
	 3.3
	  	Eligible Employee	  	7
	 3.4
	  	Suspension of Membership	  	8
	 3.5
	  	Termination of Membership	  	8
	 3.6
	  	Military Service	  	8
	 ARTICLE 4.
	  	 EMPLOYEE CONTRIBUTIONS
	  	8
	 4.1
	  	Participant Elected Contributions	  	8
	 4.2
	  	Suspension, Change and Resumption of Participant Elected Contributions	  	9
	 4.3
	  	Contributions to the Trustee	  	9
	 4.4
	  	Limits on Participant Elected Contributions	  	9
	 4.5
	  	Rollover Contributions	  	10
	 4.6
	  	Catch-up Contributions	  	10
	 ARTICLE 5.
	  	 COMPANY CONTRIBUTIONS
	  	11
	 5.1
	  	Matching Contributions	  	11
	 5.2
	  	Nonelective Contributions	  	11
	 5.3
	  	Investment of Company Contributions	  	13
	 5.4
	  	Limits on Company Contributions	  	13
	 ARTICLE 6.
	  	 INVESTMENTS AND PARTICIPANTS’ ACCOUNTS
	  	14
	 6.1
	  	Investment Funds	  	14
	 6.2
	  	Investment of Contributions	  	14
	 6.3
	  	Participant Elected Contributions Account	  	14
	 6.4
	  	Catch-Up Contributions Account	  	14
	 6.5
	  	Rollover Contributions Account	  	14
	 6.6
	  	Matching Contributions Account	  	15
	 6.7
	  	Nonelective Contributions Account	  	15
	 6.8
	  	Qualified Nonelective Contributions Account	  	15
	 6.9
	  	Qualified Matching Contributions Account	  	15
	 6.10
	  	Transfers Among Investment Funds	  	15
	 6.11
	  	Allocation of Investment Income	  	16
	 6.12
	  	Account Statements	  	16
	 ARTICLE 7.
	  	 VESTING OF PARTICIPANTS’ ACCOUNTS
	  	16
	 7.1
	  	100 Percent Vesting	  	16

  

 -ii- 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page

	 7.2
	  	Forfeitures	  	16
	 7.3
	  	Determination of Account Balance	  	17
	 7.4
	  	Lost Participant or Beneficiary	  	17
	 ARTICLE 8.
	  	 DISTRIBUTION OF PLAN BENEFIT
	  	17
	 8.1
	  	General Rule	  	17
	 8.2
	  	Events Permitting Distribution	  	17
	 8.3
	  	Time of Distribution	  	18
	 8.4
	  	Amount of Plan Benefit	  	18
	 8.5
	  	Latest Time of Distribution	  	18
	 8.6
	  	Forms of Distribution	  	19
	 8.7
	  	Time of Distribution of Death Benefit	  	19
	 8.8
	  	Small Benefits: Lump Sum	  	20
	 8.9
	  	Direct Rollovers	  	21
	 8.10
	  	Beneficiary	  	21
	 8.11
	  	Spousal Consent Needed to Name a Nonspouse Beneficiary	  	22
	 8.12
	  	Determination of Marital Status	  	22
	 8.13
	  	Incompetency	  	22
	 ARTICLE 9.
	  	 DISTRIBUTION TO AN ALTERNATE PAYEE UNDER A QDRO; FREEZING PARTICIPANT ACCOUNTS
	  	23
	 9.1
	  	Immediate Distribution	  	23
	 9.2
	  	Alternate Payee Accounts	  	23
	 9.3
	  	Freezing Participant Accounts	  	23
	 9.4
	  	Death of Alternate Payee	  	23
	 9.5
	  	Distributions From Alternate Payee Accounts	  	24
	 9.6
	  	Expenses Related to QDRO	  	24
	 ARTICLE 10.
	  	 LOANS
	  	24
	 10.1
	  	Amount of Loan	  	24
	 10.2
	  	Terms of Loans	  	24
	 10.3
	  	Company Consent	  	25
	 10.4
	  	Source of Loans	  	26
	 10.5
	  	Disbursement of Loans	  	26
	 10.6
	  	Loan Fees	  	26
	 10.7
	  	Valuation Date	  	26
	 10.8
	  	Loan Payments and Defaults	  	26
	 ARTICLE 11.
	  	 WITHDRAWALS WHILE EMPLOYED
	  	26
	 11.1
	  	Age 59 1/2 and Disability
Withdrawals	  	26
	 11.2
	  	Hardship Withdrawals	  	26
	 11.3
	  	Amount of a Hardship Withdrawal	  	27
	 11.4
	  	Consequences of a Hardship Withdrawal	  	27
	 11.5
	  	Valuation Date	  	28
	 11.6
	  	Source of Withdrawals	  	28
	 11.7
	  	Payment of Withdrawals	  	28
	 11.8
	  	Limitations on Withdrawals	  	28

  

 -iii- 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page

	 ARTICLE 12.
	  	 HIGHLY COMPENSATED EMPLOYEE DEFINITION
	  	28
	 12.1
	  	Determining the Highly Compensated Employee Group	  	28
	 12.2
	  	“Highly Compensated Former Employee”	  	28
	 12.3
	  	“Nonhighly Compensated Employee”	  	29
	 12.4
	  	“Top-Paid Group”	  	29
	 ARTICLE 13.
	  	 CONTRIBUTION LIMITATIONS
	  	29
	 13.1
	  	Return of Excess Deferrals	  	29
	 13.2
	  	Actual Deferral Percentage and Actual Contribution Percentage Limitations	  	30
	 13.3
	  	Limitation on Contributions	  	30
	 13.4
	  	Return of Participant Elected Contributions	  	30
	 13.5
	  	Excess Company Contributions	  	30
	 13.6
	  	Prospective Limitations on Participant Elected Contributions	  	31
	 13.7
	  	Special Definitions Used in Article 13	  	31
	 ARTICLE 14.
	  	 THE TRUST FUND AND PLAN INVESTMENTS
	  	33
	 14.1
	  	Control and Management of Plan Assets	  	33
	 14.2
	  	Trustee Duties	  	33
	 14.3
	  	Independent Qualified Public Accountant	  	33
	 14.4
	  	Administrative Expenses	  	33
	 14.5
	  	Benefit Payments	  	33
	 ARTICLE 15.
	  	 ADMINISTRATION AND OPERATION OF THE PLAN
	  	34
	 15.1
	  	Plan Administration	  	34
	 15.2
	  	Employment of Advisers	  	35
	 15.3
	  	Service in Several Fiduciary Capacities	  	36
	 ARTICLE 16.
	  	 CLAIMS AND REVIEW PROCEDURES
	  	36
	 16.1
	  	Applications for Benefits	  	36
	 16.2
	  	Denial of Applications	  	36
	 16.3
	  	Requests for Review	  	36
	 16.4
	  	Decisions on Review	  	37
	 16.5
	  	Rules and Procedures	  	37
	 16.6
	  	Exhaustion of Administrative Remedies	  	37
	 ARTICLE 17.
	  	 AMENDMENT AND TERMINATION
	  	37
	 17.1
	  	Right To Amend or Terminate	  	37
	 17.2
	  	Protection of Participants	  	37
	 17.3
	  	Effect of Termination	  	38
	 17.4
	  	Allocation of Trust Fund Upon Termination	  	38
	 17.5
	  	Partial Termination	  	38
	 ARTICLE 18.
	  	 MISCELLANEOUS PROVISIONS
	  	38
	 18.1
	  	Plan Mergers	  	38
	 18.2
	  	No Assignment of Property Rights	  	38
	 18.3
	  	No Employment Rights	  	39
	 18.4
	  	Choice of Law	  	39
	 18.5
	  	Voting of Company Stock	  	39

  

 -iv- 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page

	 18.6
	  	Tender Offers	  	39
	 18.7
	  	Plan Appendices	  	40
	 ARTICLE 19.
	  	 SPECIAL TOP-HEAVY PROVISIONS
	  	40
	 19.1
	  	Determination of Top-Heavy Status	  	40
	 19.2
	  	Minimum Allocations	  	40
	 19.3
	  	Special Definitions	  	40
	 19.4
	  	Top-Heavy Vesting Rules	  	41
	 ARTICLE 20.
	  	 EXECUTION
	  	41

  

 -v- 

 AMGEN RETIREMENT AND SAVINGS PLAN 
 (As Amended and Restated Effective January 1, 2006) 
  
 ARTICLE 1. INTRODUCTION AND PLAN HISTORY 
  

The Plan was adopted effective as of April 1, 1985 and was last amended and restated effective as of January 1, 2003. The following provisions constitute an
amendment and restatement of the Plan, effective January 1, 2006, to reflect previously adopted amendments and to make other changes required by law. Certain provisions may be effective at other times, as specified herein. The Plan is intended
to qualify under Sections 401(a) and 401(k) and related Sections of the Code, and under Section 407(d)(3)(A) of ERISA. The Plan is subject to amendment or termination at any time, including (without limitation) amendments required to meet
regulations and rules issued by the Secretary of the Treasury or his or her delegate or the Secretary of Labor. Certain capitalized terms used in the text of the Plan are defined in Article 2 in alphabetical order. 
  
 ARTICLE 2. DEFINITIONS 
  

	2.1	“Accounts” means the separate accounts maintained for each Participant as a part of the Trust Fund. Each Participant’s Accounts are credited with the
Participant’s Employee Contributions, his or her share of Company Contributions and Forfeitures and any income, gains, expenses and losses accruing on amounts previously credited to the Accounts. 

  

	2.2	“Affiliated Group” means the Company and any entity related to the Company under Sections 414(b), (c), (m) or (o) of the Code. In addition, the term
“Affiliated Group” includes any other entity that the Company has designated in writing as a member of the Affiliated Group for purposes of the Plan. An entity shall be considered a member of the Affiliated Group only with respect to
periods for which this designation is in effect or during which the relationship described in the first sentence of this Section exists. An “Affiliate” is a member of the Affiliated Group. 

  

	2.3	“Alternate Payee” means a spouse, former spouse, child or other dependent of a Participant who is recognized by a domestic relations order as having a right to
receive all or a portion of the Participant’s Plan Benefit. 

  

	2.4	“Annual Additions” which is a term used in specifying certain limitations on Plan contributions, is defined in Section 13.7. 

  

	2.5	“Annual Deferral Limit” which is a term used in specifying certain limitations on Plan contributions, is defined in Section 13.7. 

  

	2.6	“Beneficiary” means the person or persons entitled to receive a Participant’s Plan Benefit after the Participant’s death, as provided in
Section 8.10. 

  

	2.7	“Board” means the Board of Directors of the Company, as constituted from time to time. 

	2.8	“Break in Service” means any Plan Year during which the Participant completes less than 501 Hours of Service. Solely for the purpose of determining whether a Break
in Service has occurred, an Employee who is absent from work by virtue of (a) the Employee’s pregnancy; (b) the birth of the Employee’s child; (c) the placement of a child with the employee by adoption; (d) the caring
for any such child for a period of up to one year immediately following such birth or placement; (e) Disability; (f) service in the armed forces of the United States during a period (including a post-discharge period) that entitles the
Employee to reemployment rights guaranteed by law or (g) a leave of absence taken under the terms of the federal Family Medical Leave Act or applicable state family and medical leave act, shall be credited with up to 501 additional Hours of
Service. Such additional Hours of Service in such period of absence shall be based on his or her regular work schedule immediately prior to such period; provided, however, that such additional Hours of Service shall be credited during the Plan Year
in which the absence from work begins only if they would prevent a Break in Service from occurring for that year. In all other cases, the additional Hours of Service shall be credited during the immediately following Plan Year.

  

	2.9	“Catch-up Contribution” means the amount contributed to the Plan by an eligible Participant pursuant to Section 4.6. 

  

	2.10	“Code” means the Internal Revenue Code of 1986, as amended from time to time. 

  

	2.11	“Company” means Amgen Inc., a Delaware corporation and excludes any disregarded entity pursuant Treasury Regulations Section 301.7701-3, unless such
disregarded entity is designated as a Participating Company. 

  

	2.12	“Company Contributions” means Matching Contributions and Nonelective Contributions. 

  

	2.13	“Company Stock” means shares of common stock issued by the Company. 

  

	2.14	“Company Stock Fund” means an Investment Fund primarily invested in Company Stock. 

  

	2.15	“Compensation” is the term generally used under the Plan to describe the amount with respect to which Plan contributions are made and means an Eligible
Employee’s wages, salaries, fees for professional services, and other amounts received (without regard to whether or not an amount is paid in cash) for personal services actually rendered in the course of employment with any member of the
Affiliated Group to the extent that the amounts are includable in gross income (including, but not limited to, commissions paid to salespersons, compensation for services on the basis of a percentage of profits, commissions on insurance premiums and
reimbursements or other expense allowances under a nonaccountable plan (as described in Treasury Regulation Section 1.62-2(c)), but excluding any “goods and services allowance” provided to certain expatriate staff members.

  
 “Compensation” shall also include:
(a) any amount the Participant has elected to defer under this Plan or any cafeteria plan under Section 125 of the Code; and (b) payments to an individual who does not currently perform services for any member of the Affiliated

  

 2 

 
Group by reason of qualified military service (as that term is used in Code Section 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 Affiliated Group rather than entering qualified military service. 
  
 “Compensation” shall not include: (x) any Company Contributions to this Plan or any other employee benefit
plan for or on account of the Employee, except as otherwise provided in the preceding sentence; (y) the items described in Treasury Regulation Section 1.415-2(d)(3) (or any successor thereto), which, among other items, would exclude from
compensation amounts realized from the exercise of a nonqualified stock option (or when restricted stock (or property) held by an Employee either becomes freely transferable or is no longer subject to a substantial risk of forfeiture under
Section 83 of the Code) and amounts realized from the sale, exchange or other disposition of stock acquired under a qualified stock option; or (z) amounts in excess of the Compensation Limitation. 
  

	2.16	“Compensation Limitation” means the limitation in effect under Section 401(a)(17) of the Code for the Plan Year. 

  

	2.17	“Disability” means that the Participant is determined, under Title II or XVI of the Social Security Act, to have been disabled prior to his or her termination of
employment. The Participant must submit evidence of the Social Security Administration’s determination of disability to the Company prior to any Disability distribution of the Participant’s Accounts. 

  

	2.18	“Eligible Employee” means an Employee described in Section 3.3. 

  

	2.19	“Employee” means an individual who (a) is on the Payroll of a member of the Affiliated Group or (b) is a “leased employee” with respect to a
member of the Affiliated Group. “Employee” shall not include a nonresident alien who receives no earned income (within the meaning of Section 911(b) of the Code) from a member of the Affiliated Group that constitutes income from
sources within the United States (within the meaning of Section 861(a)(3) of the Code). 

  
 The term “leased employee” means any person (other than an employee of the recipient) who pursuant to an agreement between the recipient and any
other person (“leasing organization”) has performed services for the recipient (or for the recipient and related persons determined in accordance with Code Section 414(n)(6)) on a substantially full time basis for a period of at least
one year, and such services are performed under primary direction or control by the recipient. Contributions or benefits provided a leased employee by the leasing organization which are attributable to services performed for the recipient employer
shall be treated as provided by the recipient employer. A leased employee shall not be considered an employee of the recipient if: (a) such employee is covered by a money purchase pension plan providing: (1) a nonintegrated employer
contribution rate of at least 10 percent of compensation, as defined in Section 415(c)(3) of the Code, but including amounts contributed pursuant to a salary reduction agreement which are excludable from the employee’s gross income under
Section 125, 

  

 3 

 
Section 402(e)(3), Section 402(h)(1)(B) or Section 403(b) of the Code, (2) immediate participation, and (3) full and immediate
vesting; and (b) leased employees do not constitute more than 20 percent of the recipient’s nonhighly compensated work force. 
  

	2.20	“Employee Contributions” means Participant Elected Contributions, Catch-up Contributions and Rollover Contributions. 

  

	2.21	“ERISA” means the Employee Retirement Income Security Act of 1974 (P.L. 93-406), as amended. 

  

	2.22	“Excess Deferrals” which is a term used in specifying certain limitations on Plan contributions, is defined in Section 13.7. 

  

	2.23	“Exchange Act” means the Securities Exchange Act of 1934, as amended, and regulations promulgated thereunder. 

  

	2.24	“Five-Year Break in Service” means five or more consecutive one-year Breaks in Service. 

  

	2.25	“Forfeiture” is defined in Section 7.2. 

  

	2.26	“Fund” or “Investment Fund” means a separate fund in which contributions to the Plan are invested in accordance with Article 6.

  

	2.27	“Hardship Withdrawal” is a partial distribution of a Participant’s Account made while he or she is an Employee and in the limited circumstances described in
Section 11.2. 

  

	2.28	“Highly Compensated Employee” is defined in Article 12. 

  

	2.29	“Hour of Service” means: 

  

	 	(a)	Each hour for which an Employee is directly or indirectly paid, or entitled to payment, by a member of the Affiliated Group for the performance of services;

  

	 	(b)	Each hour for which an Employee is directly or indirectly paid, or entitled to payment, by a member of the Affiliated Group on account of a period of time during which no services
are performed (without regard to whether the employment relationship between the Employee and the member of the Affiliated Group has terminated) due to vacation, holiday, illness, incapacity, disability, layoff, jury duty, military duty or leave of
absence with pay; and 

  

	 	(c)	Each hour for which an Employee is directly or indirectly paid, or entitled to payment of an amount as back pay (without regard to mitigation of damages) either awarded or agreed to
by a member of the Affiliated Group. 

  

 4 

	 	(d)	The foregoing notwithstanding: 

  

	 	(1)	No more than 501 Hours of Service shall be credited to an Employee under Subsection (b) or (c) above on account of any single continuous period of time during which no
services are performed; 

  

	 	(2)	An hour for which an Employee is directly or indirectly paid or entitled to payment by a member of the Affiliated Group on account of a period during which no services are performed
shall not constitute an Hour of Service hereunder if such payment is made or due under a plan maintained solely for the purpose of complying with applicable workers’ compensation, unemployment compensation or disability insurance laws;

  

	 	(3)	Hours of Service shall not be credited for payments that solely reimburse an Employee for medical or medically related expenses; 

  

	 	(4)	The same Hour of Service shall not be credited to an Employee both under Subsection (a) or (b) and under Subsection (c); and 

  

	 	(5)	The computation period to which Hours of Service determined under Subsection (b) or (c) are to be credited shall be determined under applicable federal law and
regulations, including, without limitation, Department of Labor Regulation Sections 2530.200b-2(b), (c) and (d). 

  
 The Company shall determine the number of Hours of Service, if any, to be credited to an Employee under the foregoing rules in a uniform and
nondiscriminatory manner and in accordance with applicable federal laws and regulations, including, without limitation, Department of Labor Regulation Section 2530.200b-3. 
  

	2.30	“Matching Contribution” means the amount contributed to the Plan by a Participating Employer pursuant to Section 5.1. 

  

	2.31	“Nonelective Contribution” means the amount contributed to the Plan by a Participating Employer pursuant to Section 5.2. 

  

	2.32	“Normal Retirement Age” means the date on which a Participant attains age 65. 

  

	2.33	“Participant” means any person who elects to participate in the Plan as provided in Article 3. 

  

	2.34	“Participant Elected Contribution” means the amount contributed to the Plan by a Participant pursuant to Section 4.1. 

  

	2.35	“Participating Company” means the Company, and any other member of the Affiliated Group that the Company has designated in writing as a Participating Company, as
set forth on Appendix A. 

  

	2.36	 “Payroll” means the system used by an entity to pay those individuals it regards as its employees for their services and to withhold federal income
and employment taxes from 

  

 5 

	 	 
the compensation it pays to such employees. “Payroll” does not include any system the entity uses to pay individuals whom it does not regard as its
employees and for whom it does not actually withhold federal income and employment taxes (including, but not limited to, individuals it regards as independent contractors, consultants or employees of temporary employment agencies).

  

	2.37	“Plan” means the Amgen Retirement and Savings Plan, as amended from time to time. 

  

	2.38	“Plan Benefit” means the Participant’s Accounts under the Plan, to the extent vested. 

  

	2.39	“Plan Year” means the calendar year. 

  

	2.40	“QDRO” means a qualified domestic relations order (as defined in Section 414(p) of the Code). 

  

	2.41	“Rollover Contribution” means an amount contributed to the Plan by an Eligible Employee pursuant to Section 4.5. 

  

	2.42	“Salary Deferral Agreement” means the agreement between the Participating Company and an Employee to reduce the Employee’s Compensation as provided for in
Article 4. 

  

	2.43	“Section 415 Compensation” which is a term used in specifying certain limitations on Plan contributions, is defined in Section 13.7.

  

	2.44	“Section 415 Employer Group” which is a term used in specifying certain limitations on Plan contributions, is defined in Section 13.7.

  

	2.45	“Top-Paid Group” which is used in the definition of the term “Highly Compensated Employee,” is defined in Section 12.4. 

  

	2.46	“Trust Agreement” means the trust agreement entered into pursuant to the Plan by the Company and the Trustee, as amended from time to time.

  

	2.47	“Trustee” means the trustee or trustees appointed by the Company pursuant to the Plan to hold the assets of the Plan in trust, and any successor trustee(s) so
appointed. 

  

	2.48	“Trust Fund”means the trust fund consisting of the assets of the Plan and maintained by the Trustee pursuant to the Plan and the Trust Agreement.

  

	2.49	“Valuation Date” means the date on which the assets of the Plan are valued, determined in accordance with the Trust Agreement. 

  

	2.50	“Year of Service” means, for purposes of vesting prior to January 1, 2002, each Plan Year or portion thereof during which an Employee was credited with at
least 1,000 Hours of Service. 

  

 6 

 ARTICLE 3. ELIGIBILITY AND PARTICIPATION 
  

	3.1	Eligibility to Participate. An individual hired or rehired as an Employee shall be eligible to become a Participant on the date he or she becomes an Eligible Employee or on
any subsequent date. 

  

	3.2	Commencement of Participation. An individual who has satisfied the requirements for Plan participation and wishes to become a Participant shall follow the enrollment
procedures prescribed by the Company and shall begin participating in the Plan as soon as administratively practicable after completion of the enrollment procedures. 

  

	3.3	Eligible Employee. An Eligible Employee is an Employee of a Participating Company who is described in (a) or (b) of this Section 3.3 and is not excluded under
(c) of this Section 3.3. An individual’s status as an Eligible Employee shall be determined by the Company and its determination shall be conclusive and binding on all persons. 

  

	 	(a)	Regular Full-Time Employee. Unless excluded under (c) below, an individual classified by a Participating Company as a “regular full-time employee” is an
Eligible Employee. 

  

	 	(b)	Regular Part-Time Employee. Unless excluded under (c) below, an individual classified by a Participating Company as a “regular part-time employee” is an
Eligible Employee. 

  

	 	(c)	Excluded Individuals. An individual shall not be an Eligible Employee for any period in which he or she is: 

  

	 	(1)	Included in a unit of employees covered by a collective-bargaining agreement that does not provide that such individual shall be eligible to participate in the Plan;

  

	 	(2)	Not on the Payroll of a Participating Company, even though such person may be deemed, for any reason, to be an employee; 

  

	 	(3)	Subject to an oral or written agreement that provides that such individual shall not be eligible to participate in the Plan; 

  

	 	(4)	Employed by a non-U.S. subsidiary of the Company; 

  

	 	(5)	Classified by a Participating Company as a “leased employee” (within the meaning of Section 414(n) of the Code) with respect to such Participating Company or would be
so classified but for the period-of-service requirement of Code Section 414(n)(2)(B); 

  

	 	(6)	Any person or entity (including a temporary employee, independent contractor, or consultant) for whom a Participating Company does not withhold federal income and employment taxes
from such person’s or entity’s compensation; or 

  

 7 

	 	(7)	Classified as an intern or co-op on a Participating Company’s Payroll. 

  

If, during any period, a Participating Company has not regarded an individual as an Employee and, for that reason, has not withheld employment taxes
with respect to that individual, then that individual shall not be an Eligible Employee for that period, even in the event that the individual is determined, retroactively, to have been an Employee during all or any portion of that period.

  

	3.4	Suspension of Membership. A Participant’s participation in the Plan shall be suspended for any period of time during which the Participant: 

  

	 	(a)	Neither receives nor is entitled to receive any Compensation, including (without limitation) any leave of absence without pay; or 

  

	 	(b)	Does not qualify as an Eligible Employee but remains a Participant. 

  
 A Participant shall not make Participant Elected Contributions or Catch-up Contributions or receive any allocation of Company Contributions with respect
to a period of suspended participation, but a suspended Participant’s Accounts shall remain invested as a part of the Trust Fund and shall continue to share in the gains, income, losses and expenses of the Trust Fund. 
  
 Notwithstanding the foregoing, in accordance with Section 11.4,
participation is also suspended for 6 months if a Participant takes a Hardship Withdrawal. A Participant shall not make Participant Elected Contributions or Catch-up Contributions or receive any allocation of Matching Contributions with respect to a
period of suspended participation following a Participant’s taking of a Hardship Withdrawal, but a suspended Participant’s Accounts shall remain invested as a part of the Trust Fund and shall continue to share in the gains, income, losses
and expenses of the Trust Fund. Notwithstanding the foregoing, a Participant who is suspended in accordance with Section 11.4 shall continue to receive an allocation of Nonelective Contributions during the period of suspended participation.

  

	3.5	Termination of Membership. A Participant’s participation in the Plan shall terminate when his or her entire Plan Benefit has been distributed or on the date of his or
her death, whichever occurs first. 

  

	3.6	Military Service. 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 Code Section 414(u). 

  
 ARTICLE 4. EMPLOYEE CONTRIBUTIONS 
  

	4.1	Participant Elected Contributions. 

  

	 	(a)	 Each Participant whose participation in the Plan is not suspended may make Participant Elected Contributions to the Trust Fund pursuant to a Salary Deferral
Agreement that specifies the amount of the contribution. Subject to the limitations set forth in Section 4.4 and Article 13, the amount of the Participant 

  

 8 

	 	 
Elected Contributions shall be equal to any whole percentage of his or her Compensation, as the Participant shall elect, except that this whole percentage
shall not exceed 30 percent of his or her Compensation. Participant Elected Contributions shall be made through Payroll deductions from the Participant’s Compensation. If a Participant elects to make Participant Elected Contributions, the
contributions shall be deemed to be employer contributions to the Plan for federal income tax purposes and, to the extent permitted, for purposes of other federal, state and local taxes. A Participant’s election to make Participant Elected
Contributions shall constitute an election to have the Participant’s taxable salary or wages from the Participating Company reduced by the amount of the Participant Elected Contributions. 

  

	 	(b)	Notwithstanding any provision of this Section 4.1 to the contrary, the Company may establish uniform and nondiscriminatory procedures pursuant to which a specified percentage
of such Eligible Employee’s Compensation is automatically contributed to the Plan as Participant Elected Contributions, unless such Eligible Employee affirmatively elects not to make Participant Elected Contributions. 

 

	4.2	Suspension, Change and Resumption of Participant Elected Contributions. A Participant may elect to suspend or change the rate of Participant Elected Contributions and, having
elected to suspend Participant Elected Contributions, may elect to resume them. Any such election shall be made by following the procedures prescribed by the Company, which election shall be put into effect at the time prescribed by the
Company’s procedures. 

  

	4.3	Contributions to the Trustee. The Participating Companies shall forward all Employee Contributions to the Trustee, for investment in the Trust Fund, as soon as
administratively possible after they were withheld. Employee Contributions shall be credited to each Participant’s Accounts as provided in Sections 6.3, 6.4 and 6.5. 

  

	4.4	Limits on Participant Elected Contributions. This Section briefly describes the rules that limit the amount of Participant Elected Contributions that may be contributed to a
Participant’s Account for the Plan Year or calendar year. 

  

	 	(a)	Compensation Limit. A Participant may not make further Participant Elected Contributions for the Plan Year once his or her Compensation reaches the Compensation Limitation.

  

	 	(b)	Annual Deferral Limit. As is described in detail in Article 13, a Participant’s Participant Elected Contributions, together with certain other elective deferrals, made
during a calendar year may not exceed the Annual Deferral Limit, as defined in Section 13.7(b). 

  

	 	(c)	Section 415 “Annual Additions” Limit. As is described in detail in Article 13, if amounts credited to a Participant’s Accounts during the Plan Year, other
than earnings and Rollover Contributions, exceed the Section 415 “Annual Additions” limit, then Participant Elected Contributions may be returned to the Participant. 

  

 9 

	 	(d)	Prospective Limitations. In order to ensure compliance with the Annual Deferral Limit and the Annual Additions Limit, at any time during the Plan Year and at its sole
discretion, the Company may require any Participant to discontinue or reduce the rate of his or her Participant Elected Contributions. The Company may require the discontinuance or reduction in the rate of Participant Elected Contributions even if
its actions may prevent a Participant from making the maximum Participant Elected Contributions allowed by law. 

  

	 	(e)	Nondeductible and Mistaken Contributions. As is described in detail in Section 5.4(d), Participant Elected Contributions that are not deductible by the Company or that
are made by mistake are returned to the Company. 

  

	4.5	Rollover Contributions. The Plan may receive Rollover Contributions on behalf of an Eligible Employee if the following conditions are satisfied: 

  

	 	(a)	The contribution is made entirely in the form of U.S. dollars; and 

  

	 	(b)	The Eligible Employee demonstrates to the Company’s satisfaction that the contribution is a qualifying rollover contribution under Section 402(c)(4), 403(a)(4), 457(e)(16)
or 408(d)(3) of the Code. 

  
 If an Eligible
Employee who is not a Participant makes a Rollover Contribution, then he or she shall be considered a Participant solely with respect to his or her Rollover Contributions Account until he or she becomes a Participant for all purposes pursuant to
Article 3. The Plan will accept Rollover Contributions that include after-tax contributions, and such after-tax contributions shall be separately accounted for under the Plan. 
  
 A Rollover Contribution shall be paid to the Plan in a lump sum in cash and shall be credited to the Participant’s
Rollover Account. The Participant may direct the investment of his or her Rollover Account by filing the specified investment election form in accordance with such rules as may be established by the Company. 
  

	4.6	Catch-up Contributions. All Participants who are eligible to make Participant Elected 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. Catch-up Contributions shall be equal to any whole percentage of the Participant’s Compensation,
except that this whole percentage shall not exceed 50% of his or her Compensation. Catch-up Contributions shall not be taken into account for purposes of Matching Contributions under Section 5.1 of the Plan. 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. 

  

 10 

 ARTICLE 5. COMPANY CONTRIBUTIONS 
  

	5.1	Matching Contributions. 

  

	 	(a)	Subject to the limitations of Section 4.4, Section 5.4 and Article 13, a Participating Company shall make Matching Contributions on behalf of each Participant who
satisfies the eligibility requirements of Article 3. The Matching Contribution shall be an amount equal to 100% of the first 5% of Compensation that a Participant elects to contribute to the Plan as a Participant Elected Contribution (excluding any
Catch-up Contributions) and shall be allocated as of each pay period. A Matching Contribution shall be paid to the Trustee as soon as reasonably practicable after the pay period to which it relates and shall be allocated to the Accounts of
Participants as provided in Section 6.6. 

  

	 	(b)	If a Participant ceases making Participant Elected Contributions before the full amount of Matching Contributions allowed for in (a) above have been made on behalf of such
Participant for a calendar quarter, a “true-up” Matching Contribution shall be made on behalf of such Participant if the Participant is employed by a Participating Company on the last day of the calendar quarter. The amount of the
“true-up” Matching Contribution shall be the amount of the Matching Contribution allowed for on behalf of the Participant by the preceding paragraph less the amount of the Matching Contribution actually made on behalf of the Participant
for the calendar quarter, subject to such administrative procedures as the Participating Company may establish to reflect Payroll periods that end on other than the last day of a calendar quarter. True-up Matching Contributions shall be made by each
Participating Company as soon administratively practicable following the end of each calendar quarter, but in no event later than the time prescribed by law. 

  

	5.2	Nonelective Contributions. 

  

	 	(a)	Subject to the limitations in Section 5.4 and Article 13, a Participating Company shall make Nonelective Contributions on behalf of each Participant who satisfies the
eligibility requirements of Article 3. The Nonelective Contribution shall be an amount equal to 5% of each Participant’s Compensation and shall be allocated as of each pay period. For purposes of allocating such Nonelective Contributions for
any Plan Year or other allocation period based on an Employee’s Compensation, only Compensation attributable to periods in such Plan Year or other allocation period during which such Employee was an Eligible Employee shall be taken into
account. Nonelective Contributions shall be paid to the Trustee as soon as reasonably practicable following the close of the pay period to which it relates and shall be allocated to the Accounts of Participants as provided in Section 6.7.

  

	 	(b)	 With respect to the Nonelective Contribution, which is intended to constitute a “nonelective contribution” under Code Section 401(k)(12) (i.e., a
“safe harbor contribution”), the Company shall distribute within a reasonable period prior to each Plan Year, an “annual safe harbor notice” in accordance with the guidance 

  

 11 

	 	 
issued by the Internal Revenue Service with respect to such notices. To the extent the Company elects to amend the Plan to freeze (or thereafter reinstate)
Nonelective Contributions with respect to subsequent Plan Years, the Company shall timely notify Eligible Employees in accordance with the guidance issued by the Internal Revenue Service. At a minimum the annual safe harbor notice shall:

  

	 	(1)	Be sufficiently accurate and comprehensive to inform the Eligible Employee of his or her rights and obligations under the Plan; and 

  

	 	(2)	Be written in a manner calculated to be understood by the average Employee Eligible to participate in the Plan, and shall describe: 

  

	 	(A)	the Nonelective Contribution formula used under the Plan; 

  

	 	(B)	any other contributions under the Plan (including the potential for discretionary matching contributions) and the conditions under which such contributions are made;

  

	 	(C)	the type and amount of Compensation that may be deferred under the Plan; 

  

	 	(D)	how to make Participant Elected Contribution elections, including any administrative requirements that apply to such elections; 

  

	 	(E)	the periods available under the Plan for making Participant Elected Contributions; 

  

	 	(F)	withdrawal and vesting provisions applicable to contributions under the Plan; and 

  

	 	(G)	information that makes it easy to obtain additional information about the Plan (including an additional copy of the summary plan description) such as telephone numbers, addresses
and, if applicable, electronic addresses, of individuals or offices from whom Employees can obtain such Plan information. 

  

	 	(c)	Notwithstanding the foregoing and subject to the limitations in Section 5.4 and Article 13, each Participating Company may, in its discretion, make a special Nonelective
Contribution to each Participant who in his or her initial year of employment with the Participating Company may not make the maximum Participant Elected Contributions permitted under the Plan because in the same Plan Year he or she previously made
pre-tax salary deferrals under a prior, unrelated employer’s qualified plan. The amount of the special Nonelective Contribution shall be determined by the Participating Company. Such Nonelective Contributions shall be allocated as a percent of
each eligible Participant’s Compensation. The special Nonelective Contribution shall only be made on behalf of Participants that are Nonhighly Compensated Employees (as defined in Section 12.3). 

  

 12 

	5.3	Investment of Company Contributions. The Trustee shall invest the Company Contributions it receives in accordance with Section 6.2. 

  

	5.4	Limits on Company Contributions. This Section briefly describes the rules that limit the amount of Company Contributions that may be contributed to a Participant’s
Account for the Plan Year. 

  

	 	(a)	Compensation Limit. A Company Contribution that is expressed as a percentage of a Participant’s Compensation may not be based on Compensation in excess of the
Compensation Limit in effect for the Plan Year. 

  

	 	(b)	Section 415 “Annual Additions” Limit. As is described in detail in Article 13, if amounts credited to a Participant’s Accounts during the Plan Year, other
than earnings and Rollover Contributions, exceed the limitation on Annual Additions, then Company Contributions may be returned to the Participant. 

  

	 	(c)	Prospective Limitations. In order to ensure compliance with the Annual Additions Limit, at any time during the Plan Year and at its sole discretion the Company may reduce or
discontinue allocations of Matching Contributions and/or Nonelective Contributions, which are not intended to be safe harbor contributions, to any Participant’s Account. The Company may implement this reduction or discontinuance of allocations
of Company Contributions even if its action may prevent a Participant from receiving the maximum allocations to his or her Account allowed by law. 

  

	 	(d)	Nondeductible or Mistaken Contributions. Any other provision of the Plan notwithstanding, Company Contributions, Participant Elected Contributions and Catch-up Contributions
are conditioned upon their deductibility under Section 404 of the Code and the qualification of the Plan under Section 401(a) of the Code. If the deductibility of a Company Contribution, Participant Elected Contribution or Catch-up
Contribution is denied, the amount for which a deduction is disallowed (reduced by any losses incurred with respect to such amount) shall be returned to the Participating Companies or the Participant, respectively, within one year after the
disallowance of the deduction. If a Company Contribution, Participant Elected Contribution or Catch-up Contribution is made to the Plan by reason of a mistake of fact, the amount contributed by reason of such mistake (reduced by any losses incurred
with respect to such amount) shall be returned to the Participating Companies or the Participant, respectively, within one year after the date such contribution was made. 

  

 13 

 ARTICLE 6. INVESTMENTS AND PARTICIPANTS’ ACCOUNTS 
  

	6.1	Investment Funds. All contributions to the Plan made pursuant to Articles 4 and 5 shall be paid to the Trust Fund established under the Plan. All such contributions shall be
invested as provided under the terms of the Trust Agreement, which may include provision for the separation of assets into separate Investment Funds, including a Company Stock Fund. 

  

	6.2	Investment of Contributions. Employee Contributions and Company Contributions shall be apportioned among one or more of the Investment Funds as the Participant may specify in
increments of one percent of the total (totaling 100 percent) according to the procedures prescribed by the Company; provided, however, that a Participant may direct a maximum of 50 percent of Employee Contributions, Rollover Contributions and
Company Contributions to be invested in the Company Stock Fund. In the event that a Participant fails to make an investment election, contributions allocated to his or her Accounts shall be invested in the default Investment Fund, which is currently
the Fidelity Freedom Fund that is appropriate based on the Participant’s date of birth, until the Participant elects to invest his or her Accounts in a different manner. A Participant may elect to change the investment instructions with respect
to future contributions in increments of one percent according to the procedures prescribed by the Company. 

  
 This Plan is intended to constitute a plan described in Section 404(c) of ERISA and Department of Labor Regulation Section 2550.404c-1, which
means that the Company, the Trustee and other fiduciaries may be relieved of liability for any losses that are the direct and necessary result of investment instructions given by a Participant or Beneficiary. In addition, at any time, the Fiduciary
Committee may terminate the availability of any particular Fund or any of the Investment Funds or may choose to stop accepting the future investment of Employee or Company Contributions under such Funds. 
  

	6.3	Participant Elected Contributions Account. A Participant’s Participant Elected Contributions Account shall consist of his or her Participant Elected Contributions and
Catch-Up Contributions, adjusted to reflect transfers and withdrawals from such Participant Elected Contributions Account and earnings, gains, expenses and losses attributable to the Investment Fund(s) in which the contributions are invested.

  

	6.4	Catch-Up Contributions Account. A Participant’s Catch-Up Contributions Account shall consist of his or her Catch-Up Contributions, adjusted to reflect transfers and
withdrawals from such Catch-Up Contributions Account and earnings, gains, expenses and losses attributable to the Investment Fund(s) in which the contributions are invested. 

  

	6.5	Rollover Contributions Account. A Participant’s Rollover Contributions Account shall consist of his or her Rollover Contributions, adjusted to reflect transfers and
withdrawals from such Rollover Contributions Account and earnings, gains, expenses and losses attributable to the Investment Fund(s) in which the contributions are invested. 

  

 14 

	6.6	Matching Contributions Account. A Participant’s Matching Contributions Account shall consist of his or her Matching Contributions, adjusted to reflect transfers and
withdrawals from such Matching Contributions Account and earnings, gains, expenses and losses attributable to the Investment Fund(s) in which the contributions are invested. Matching Contributions, determined under Section 5.1, shall be
allocated to the Matching Contributions Account of each Participant who is entitled to a Matching Contribution pursuant to Section 5.1. Unless otherwise provided under Section 5.1, allocations of Matching Contributions shall be made as of
each Payroll period. 

  

	6.7	Nonelective Contributions Account. A Participant’s Nonelective Contributions Account shall consist of his or her Nonelective Contributions, adjusted to reflect transfers
and withdrawals from such Nonelective Contributions Account and earnings, gains, expenses and losses attributable to the Investment Fund(s) in which the contributions are invested. The Nonelective Contribution of a Participating Company, determined
under Section 5.2, shall be allocated to the Nonelective Contributions Accounts of each Participant who is an Eligible Employee of the Participating Company on the date as of which the Nonelective Contribution is allocated. Except as otherwise
provided in Section 5.2(a), the Nonelective Contribution of a Participating Company shall be allocated to each Participant entitled to an allocation of such Nonelective Contribution as a percent of such Participant’s Compensation, while he
or she was an Eligible Employee. Allocations of Nonelective Contributions shall be made as of each Payroll period. 

  

	6.8	Qualified Nonelective Contributions Account. A Participant’s Qualified Nonelective Contributions Account shall consist of his or her qualified nonelective contributions,
adjusted to reflect transfers and withdrawals from such qualified nonelective contributions Account and earnings, gains, expenses and losses attributable to the Investment Fund(s) in which the contributions are invested. 

  

	6.9	Qualified Matching Contributions Account. A Participant’s Qualified Matching Contributions Account shall consist of his or her qualified matching contributions, adjusted
to reflect transfers and withdrawals from such qualified matching contributions account and earnings, gains, expenses and losses attributable to the Investment Fund(s) in which the contributions are invested. 

  

	6.10	 Transfers Among Investment Funds. A Participant may elect to reapportion the values of his or her Accounts among Investment Funds (in increments of one
percent) by properly following procedures prescribed by the Company. The Company’s procedures by which a Participant may elect to transfer amounts into or out of the Company Stock Fund shall be drafted to provide notice to Participants if such
an election would cause a Participant to have a purchase or sale of Company Stock which is not exempt from potential short-swing trading profits liability under Section 16(b) of the Exchange Act by virtue of the application of Rule 16b-3
(promulgated under Section 16 of the Exchange Act) as in effect from time to time. As of the effective date of this amended and restated Plan, such liability may arise if such election is made by a Participant (or successor in interest) who is
an officer, director, or greater than 10% stockholder of the Company (within the meaning of Section 16 of the Exchange Act and the rules promulgated thereunder) within six months following the date of the most recent election made under any
employee 

  

 15 

	 	 
benefit plan sponsored by the Company or an Affiliate if (a) both elections involved either an intra-plan transfer involving a fund invested in the
Company’s equity securities or a cash distribution from the employee benefit plan to the Participant (or successor in interest) funded by a volitional disposition of the Company’s equity securities; (b) the prior election involved an
acquisition of the Company’s equity securities if the current election involves a disposition of the Company’s equity securities, or vice versa; and (c) both elections are made at the volition of the Participant (or successor in
interest) not in connection with the Participant’s death, disability, retirement, termination of employment, or an election which is required to be made available under a provision of the Code. Such a volitional election (considering without
regard as to whether or not any similar elections have occurred within six months of such an election) shall be described as a “Discretionary Transaction.” Transfers into the Company Stock Fund shall be limited so that, after any such
transfer, no more than 50% of the value of the Participant’s aggregate Account is invested in the Company Stock Fund. For purposes of carrying out Investment Fund transfers, the value of the Accounts shall be determined as of the Valuation Date
immediately preceding the Participant’s transfer election. 

  

	6.11	Allocation of Investment Income. As soon as reasonably practicable after each Valuation Date, and within 90 days after the removal or resignation of the Trustee, the Trustee
shall value the assets of the Trust Fund on the basis of fair market value as of the Valuation Date (or the day of resignation or removal of the Trustee if it is not a Valuation Date). Where separate Investment Funds have been established pursuant
to Section 6.1, the Trustee shall value each such Investment Fund separately. 

  

	6.12	Account Statements. As soon as practicable after the last day of each Plan Year (and after such other dates as the Company may determine), there shall be prepared and
delivered to each Participant a written statement showing the fair market value of his or her Accounts as of the applicable date and such other information as the Company may determine. 

  
 ARTICLE 7. VESTING OF PARTICIPANTS’ ACCOUNTS

  

	7.1	100 Percent Vesting. Except for those Participants whose employment with a member of the Affiliated Group was terminated on or prior to December 31, 2001, a
Participant’s interest in all of his or her Participant Elected Contributions Account, Qualified Matching Contributions Account, Qualified Nonelective Contributions Account, Rollover Contributions Account, Matching Contributions Account and
Nonelective Contributions Account shall be 100% vested and nonforfeitable at all times. 

  

	7.2	 Forfeitures. If a Participant ceased to be an Employee prior to January 1, 2002, at a time when he or she was not yet fully vested in his or her
Nonelective Contributions Account or Matching Contributions Account, the unvested amount of his or her Nonelective Contributions Account and Matching Contributions Account constituted a Forfeiture for the Plan Year in which employment terminated,
provided that the Participant requested a distribution of the vested amount in his or her Accounts. Such Forfeitures were applied to reduce Nonelective Contributions and Matching Contributions for the Plan Year. If such a Participant is rehired as
an Employee prior to incurring a Five-Year Break in 

  

 16 

	 	 
Service, then the amount of the Forfeiture shall be restored, without earnings, and such Participant shall have a fully vested interest in the restored
amount. If the Participant is rehired after incurring a Five-Year Break in Service such reemployment shall have no effect on the prior Forfeiture and such amount shall be permanently forfeited. To the extent that Forfeitures for the Plan Year in
which the Participant is rehired are insufficient to reinstate the rehired Participant’s Forfeiture, then the appropriate Participating Company shall make a special contribution in the amount required to reinstate the Forfeiture.

  
 In the event the Participant’s service
with the Affiliated Group terminated prior to January 1, 2002 and no payment of the Participant’s nonforfeitable interest was made, the forfeitable amount of the Participant’s interest shall be permanently forfeited after the
Participant has incurred a Five-Year Break in Service, as of a Valuation Date determined in a uniform and consistent manner by the Company. In the event the Participant returns to the service of the Affiliated Group before incurring a Five-Year
Break in Service, the Participant’s Accounts shall become fully vested upon such return to service. 
  

	7.3	Determination of Account Balance. Whenever a Participant or his or her Beneficiary is entitled to receive the entire amount or a percentage of his or her Account balance, the
amount of such balance (including the value of any Company Stock held in his or her Account) shall be the amount in (or value of) such Account as of the Valuation Date immediately preceding the date of distribution. 

  

	7.4	Lost Participant or Beneficiary. In the event that a Beneficiary or Participant cannot be located at the time a benefit is payable from the Plan to him or her, then at the
close of the 12-consecutive-month period following the date on which the amount became payable, the amount shall be treated as a Forfeiture. Such a Forfeiture shall nevertheless be reinstated, without interest, if the Participant or Beneficiary
subsequently is located and makes a valid claim for the benefit. 

  
 ARTICLE 8. DISTRIBUTION OF PLAN BENEFIT 
  

	8.1	General Rule. All distributions under the Plan shall be made in accordance with Section 401(a)(9) of the Code, including the minimum distribution incidental death
benefit requirement of Code Section 401(a)(9)(G), and Treasury Regulation Sections 1.401(a)(9)-2 through 1.401(a)(9)-9. Such regulations are incorporated in the Plan by reference and shall supersede any other provision of the Plan to the
contrary. 

  

	8.2	Events Permitting Distribution. No distribution may be made of any amounts credited to a Participant’s Accounts except: 

  

	 	(a)	After the Participant’s death, Disability or termination of employment for any other reason; 

  

	 	(b)	 On or after termination of the Plan, provided that (1) neither the Participating Company nor any Affiliate of the Participating Company maintains a successor

  

 17 

	 	 
defined contribution plan (other than an employee stock ownership plan) and (2) the Participant’s distribution is made in the form of a lump sum;
or 

  

	 	(c)	As required by applicable law or in connection with a QDRO, as provided in Article 9, or an in-service withdrawal, as provided in Article 11. 

  

	8.3	Time of Distribution. 

  

	 	(a)	Except as provided in Sections 8.5, 8.7 and 8.8, and unless a Participant elects otherwise, the distribution of a Participant’s Plan Benefit under Section 8.6 shall
occur or commence not later than sixty (60) days after the close of the Plan Year in which occurs the later of (1) the Participant’s attainment of Normal Retirement Age or (2) the Participant’s termination of employment.

  

	 	(b)	A Participant who terminates employment prior to Normal Retirement Age may elect to receive or commence receipt of his or her Plan Benefit at any reasonable time after termination
of employment, but in no event later than the Required Beginning Date (as defined in Section 8.5). A Participant’s distribution request will be processed as soon as administratively practicable following the receipt of such request. If the
Participant terminates employment on or after Normal Retirement Age, distribution of his or her Plan Benefit shall commence not later than one (1) year after the end of the Plan Year in which such termination of employment occurs unless the
Participant elects to defer payment to a future date, but not later than his or her Required Beginning Date. An election under this Subsection must be made in writing during the ninety (90) day period before the date the distribution is to
occur or commence. Such election must not be made before the Participant receives a notice describing the material features of the Plan, explaining the optional forms of benefit available, and informing the Participant of his or her right (if
applicable) to defer receipt of his or her distribution until his or her Required Beginning Date. Such notice shall be provided by the Company not less than thirty (30) days and not more than ninety (90) days before the Participant’s
distribution is to occur or commence; provided, however, such notice may be provided less than thirty (30) days before distribution is to occur or commence provided that the Participant is notified that he or she has at least thirty
(30) days to consider the distribution options and the Participant elects to waive the thirty (30) day period. The notice shall be furnished in writing or through electronic medium reasonably accessible to the Participant.

  

	8.4	Amount of Plan Benefit. A Participant’s Plan Benefit shall consist of the Participant’s entire interest in his or her Accounts. 

  

	8.5	 Latest Time of Distribution. In no event shall a Participant’s Plan Benefit be distributed later than his or her “Required Beginning Date,”
which is April 1 of the calendar year following the calendar year in which occurs the later of (a) the Participant’s attainment of age seventy and one-half (70 1/2), or (b) the Participant’s retirement (within the meaning of Code Section 401(a)(9)); provided, however, if the Participant is a five-percent owner (as

  

 18 

	 	 
defined in Section 416(i) of the Code) with respect to the Plan Year during which the Participant attains age 70 1/2, clause (b) shall not apply. 

  

	8.6	Forms of Distribution. 

  

	 	(a)	A Participant’s Plan Benefit shall be distributed in any of the following forms that he or she elects: 

  

	 	(1)	A single sum cash distribution; 

  

	 	(2)	A single sum distribution in full shares of Company Stock (with the value of any fractional share paid in cash); 

  

	 	(3)	A single sum distribution paid in a combination of cash and full shares of Company Stock; or 

  

	 	(4)	Cash installments paid at least annually over a period certain not exceeding the life expectancy of the Participant or the joint life expectancy of the Participant and his or her
designated Beneficiary. All life expectancies shall be determined not later than the date when payments commence and shall not be redetermined thereafter. The amount of each installment payment shall be determined by dividing the remaining years in
the period certain by the value of the Participant’s Account. 

  

	 	(b)	If, by the time for the distribution of a Participant’s Plan Benefit in accordance with the foregoing provisions of this Article 8, the Participant has not made any election as
to the form of the distribution, payment of his or her Plan Benefit shall be made in the form of a single sum cash distribution. 

  

	 	(c)	To the extent that a distribution is to be made in a number of shares of Company Stock that exceeds the number of shares in the Participant’s Account under the Company Stock
Fund, amounts in one or more other Investment Funds comprising the Participant’s Account shall be applied to purchase the required additional shares of Company Stock at their fair market value at the time of purchase. 

 

	 	(d)	The Company shall establish procedures to notify a Participant (or successor in interest) if any election regarding the form or timing of distribution of benefits from the Plan
involving the Company Stock Fund constitutes a Discretionary Transaction (as defined in Section 6.10) which may trigger short-swing trading profits liability for the Participant (or successor in interest) under Section 16(b) of the
Exchange Act. In such an event, the person making the election shall be provided with a reasonable opportunity to modify, delay, or revoke such an election. 

  

	8.7	 Time of Distribution of Death Benefit. If a Participant dies before commencing his or her Plan Benefit, then the Participant’s Beneficiary shall be
entitled to receive the Plan Benefit pursuant to this Section 8.7. Section 8.10 provides that the surviving spouse of a 

  

 19 

	 	 
married Participant shall be his or her Beneficiary, unless the Participant, with the spouse’s consent, has otherwise elected prior to his or her death.
The Participant’s Plan Benefit shall be distributed to the Participant’s Beneficiary in a lump sum no later than December 31 of the calendar year following the year of the Participant’s death, subject to the following:

  

	 	(a)	If the Beneficiary is the Participant’s surviving spouse, then such surviving spouse may elect to defer distribution of the Participant’s Plan Benefit until a later date,
but in no event later than the date that the Participant would have attained age 70 1/2.

  

	 	(b)	If the Beneficiary is a child of the Participant who is under the age of 18 at the time of the Participant’s death, then such Beneficiary may elect to defer distribution of the
Participant’s Plan Benefit until a later date, but in no event later than the earlier of the Beneficiary’s attainment of age 18 or December 31 of the calendar year containing the fifth (5th) anniversary of the Participant’s death. 

  
 If the Participant dies after commencing benefits but before all installments have been made, the Participant’s remaining Account balance shall be
paid to his or her Beneficiary in a single lump sum as soon as practicable after the Participant’s death; provided, however, if the Beneficiary is the Participant’s surviving spouse, such surviving spouse may elect to continue to receive
installments payable at the same times and in the same amounts as would have been payable to the Participant. Notwithstanding any provision of the Plan to the contrary, if a Participant dies after commencing installments but before his or her entire
Account has been distribution, the remaining portion of such Account will be distributed at least as rapidly as under the method of distribution being used on the date of the Participant’s death. 
  

	8.8	Small Benefits: Lump Sum. Any other provision of this Article notwithstanding, effective as of March 28, 2005, if the value of a Participant’s entire Plan Benefit
equals $1,000 or less (including a Plan Benefit of $0) before the first payment of the Plan Benefit is made, then the Plan Benefit shall be paid (or deemed paid if the Plan Benefit is $0) as soon as reasonably practicable after the
Participant’s termination of employment to the Participant (or to his or her Beneficiary in the case of the Participant’s death) in a single lump sum in cash unless a Participant elects one of the following forms of payment: (a) a
single sum distribution in full shares of Company Stock (with the value of any fractional shares paid in cash); (b) a single sum distribution paid in a combination of cash and full shares of Company Stock; or (c) a Direct Rollover (as
defined in Section 8.9). 

  

 20 

	8.9	Direct Rollovers. Notwithstanding any provision of the Plan to the contrary that would otherwise limit a Distributee’s election under this Section, a Distributee may
elect, at the time and in the manner prescribed by the Company, to have any portion of an Eligible Rollover Distribution paid directly to an Eligible Retirement Plan specified by the Distributee in a Direct Rollover. The following definitions shall
apply for purposes of this Section 8.9. 

  

	 	(a)	Definition of 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 contract described in Section 403(b) of the Code, 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 transferred into such plan from this Plan, or a qualified trust described in Section 401(a) of the Code, that accepts
the Distributee’s Eligible Rollover Distribution. The definition of Eligible Retirement Plan shall also apply in the case of a distribution to a surviving spouse, or to a spouse or former spouse who is the Alternate Payee under a QDRO.

  

	 	(b)	Definition of Eligible Rollover Distribution. An Eligible Rollover Distribution is any distribution of all or any portion of the balance to the credit of the Distributee,
except that an Eligible Rollover Distribution does not include: (1) 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 10 years or more; (2) any distribution to the extent the distribution is required under
Section 401(a)(9) of the Code; or (3) any amount that is distributed on account of hardship shall not be an eligible rollover distribution and the Distributee may not elect to have any portion of such a distribution paid directly to an
eligible retirement plan. A distribution shall not fail to be an Eligible Rollover Distribution merely because a portion of it consists of after-tax deposits, provided such portion may be rolled over 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 the amounts so transferred, including
separately accounting for the portion of such distribution that is includible in gross income and the portion which is not so includible. 

  

	 	(c)	Definition of 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 QDRO are Distributees with regard to the interest of the spouse or former spouse. 

  

	 	(d)	Definition of Direct Rollover. A Direct Rollover is a payment made by the Plan to the Eligible Retirement Plan specified by the Distributee. 

  

	8.10 	 Beneficiary. Subject to Section 8.11, a Participant’s Beneficiary shall be the person(s), estate or trust(s) so designated by the Participant. If
the Participant has not made an effective designation of a Beneficiary, or if the named Beneficiary is not living when a distribution is to be made, then (a) the then-living spouse of the deceased Participant shall be the Beneficiary; or
(b) if none, the then-living children of the deceased Participant 

  

 21 

	 	 
shall be the Beneficiaries in equal shares; or (c) if none, the then-living parents of the deceased Participant shall be the Beneficiaries in equal
shares; or (d) if none, the then-living brothers and/or sisters of the deceased Participant shall be the Beneficiaries in equal shares; or (e) if none, the estate of the Participant shall be the Beneficiary. The Participant may change his
or her designation of a Beneficiary from time to time. Any designation of a Beneficiary (or an amendment or revocation thereof) shall be effective only if it is made according to the procedures prescribed by the Company and is received by the
Participating Company prior to the Participant’s death. 

  

	8.11 	Spousal Consent Needed to Name a Nonspouse Beneficiary. Notwithstanding any other provision of the Plan to the contrary, in the case of a married Participant, any designation
of a person other than his or her spouse as Beneficiary shall be effective only if the spouse consents in writing to the designation. The spouse’s consent shall be witnessed by a notary public or, if permitted by the Company, by a
representative of the Plan. A consent to a designation of a particular Beneficiary, once given by the spouse, shall not be revocable by that spouse. The designation of a particular Beneficiary may not be changed without further spousal consent
(unless the consent or a prior consent expressly permits designations by the Participant without any requirement of further consent by the spouse). The spouse’s consent shall not be required if the Participant establishes to the Company’s
satisfaction that the spouse’s consent cannot be obtained because the spouse cannot be located or because of other reasons deemed acceptable under applicable regulations. The Company may require such evidence of the right of any person to
receive payment under this Section as the Company may deem advisable. The Company’s determination of the right under this Section of any person to receive payment shall be conclusive. 

  

	8.12 	Determination of Marital Status. Whether a Participant is married shall be determined by the Company as of the date when distribution is to be made. 

 

	8.13 	Incompetency. Whenever and as often as any person entitled to receive a distribution under the Plan shall be under a legal disability or, in the sole judgment of the Company,
shall otherwise be unable to care for such distributions to the person’s own best interest and advantage, the Company, in the exercise of its discretion, may direct such distributions to be made in any one or more of the following ways:

  

	 	(a)	directly to such person; 

  

	 	(b)	to such person’s spouse; 

  

	 	(c)	to such person’s legal guardian or conservator; or 

  

	 	(d)	to any other person to be held and used for such person’s benefit. 

  
 The decision of the Company shall, in each case, be final and binding upon all parties, and any distribution made pursuant to the power herein conferred
on the Company shall, to the extent so made, be a complete discharge of the obligations under the Plan of the Participating Companies, the Trustee and the Plan Administrator with respect to such person. 
  

 22 

 ARTICLE 9. DISTRIBUTION TO AN ALTERNATE PAYEE UNDER A QDRO; FREEZING PARTICIPANT
ACCOUNTS 
  

	9.1	Immediate Distribution. 

  

	 	(a)	Any distribution to an Alternate Payee of all or some portion of a Participant’s Accounts pursuant to a qualified domestic relations order, shall be made as soon as reasonably
practicable after the order is determined to be a QDRO, if: 

  

	 	(1)	The QDRO specifies such time of distribution; or 

  

	 	(2)	The Alternate Payee has consented in writing to such time of distribution. 

  

	 	(b)	Notwithstanding the foregoing, in determining the award to an Alternate Payee under a QDRO, the award to the Alternate Payee shall be derived solely from a portion of the
Participant’s vested Accounts in the Plan as of the Valuation Date provided in the QDRO. 

  

	9.2	Alternate Payee Accounts. In all cases where Section 9.1 above is not applicable, separate “Alternate Payee Accounts” shall be established for the Alternate
Payee at such time as the Company shall determine. The portion of each of the Participant’s Accounts that was assigned or made payable to the Alternate Payee by the QDRO shall be transferred to such Alternate Payee Accounts. The transfers to
the Alternate Payee Accounts shall be made pro rata from the Participant’s Accounts. Alternate Payees may change the investment of their Alternate Payee Accounts pursuant to Section 6.10. Alternate Payees may not take loans or make
withdrawals from their Alternate Payee Accounts under Articles 10 and 11. Alternate Payees may not make any contributions to their Alternate Payee Accounts. 

  

	9.3	Freezing Participant Accounts. As soon as practicable after the date the Plan Administrator receives credible information that a qualified domestic relations order, pursuant
to Code Section 414(p) and ERISA Section 206(d)(3), may be forthcoming, the Plan Administrator shall freeze the relevant Participant’s Accounts for a reasonable period of time to permit the Participant and/or Alternate Payee to obtain
a domestic relations order. As soon as practicable after the date the Plan Administrator receives a domestic relations order, the Plan Administrator shall freeze the relevant Participant’s Accounts for a period of up to 18 months to allow for a
determination of whether the domestic relations order meets the requirements of a qualified domestic relations order as defined in Code Section 414(p) and ERISA Section 206(d)(3). To the extent that a Participant’s Accounts are
frozen, no loans, withdrawals or distributions are permitted from such Accounts. 

  

	9.4	 Death of Alternate Payee. In all cases, if an Alternate Payee dies prior to the time that Alternate Payee has received all or any portion of the benefits
assigned to the Alternate Payee by a QDRO, the benefits shall be paid to the Beneficiary(ies) designated by Alternate Payee on forms provided by the Plan Administrator for this purpose. If Alternate Payee has not made an effective designation of
Beneficiary or if the designated Beneficiary is not living when a distribution is to be made, the entire balance in his or her 

  

 23 

	 	 
Alternate Payee Accounts shall be distributed to his or her estate (unless the QDRO otherwise provides). 

  

	9.5	Distributions From Alternate Payee Accounts. Distributions to Alternate Payees from their Alternate Payee Accounts shall be made as soon as reasonably practicable after the
Plan Administrator’s receipt of completed distribution forms provided by the Plan Administrator for this purpose. Notwithstanding Section 8.6 of the Plan or any other provisions of the Plan to the contrary, distributions to Alternate
Payees shall only be made in the form of single sum distributions. 

  

	9.6	Expenses Related to QDRO. The Plan Administrator may elect, on a uniform and nondiscriminatory basis, to charge any expenses related to a QDRO to Participant’s Accounts.

  
 ARTICLE 10. LOANS

  

	10.1	Amount of Loan. A Participant may obtain a cash loan from his or her Accounts if (a) he or she is an Employee who is not on a leave of absence at the time of the loan;
(b) his or her Plan participation is not suspended pursuant to Section 3.4; and (c) he or she has not defaulted on a prior loan from the Plan. The minimum amount of any such loan shall be $1,000 at the time the loan is elected, and a
Participant shall be limited to two outstanding loans at any one time. No loan shall be granted under the Plan if such loan, when aggregated with the Participant’s outstanding loans under any other qualified plans maintained by any member of
the Affiliated Group, would exceed the lesser of: 

  

	 	(a)	$50,000, less the highest aggregate outstanding loan balance during the 12 month period ending on the day before the new loan is made, net of any repayments made on such aggregate
balance during such 12 month period; or 

  

	 	(b)	One-half of the balances in the Participant’s Accounts. 

  

	10.2	Terms of Loans. A loan to a Participant shall be made on such terms and conditions as the Company may determine, provided that the loan shall: 

  

	 	(a)	Be evidenced by a promissory note signed by the Participant and secured by one-half of the value of his or her Accounts, to the extent vested (regardless of the amount of the loan
or the source of the loan funds); 

  

	 	(b)	Bear a rate of interest equal to the prime rate plus one percentage point as published in The Wall Street Journal, determined as of the last day of the preceding calendar
quarter or such other rate as may be required by law for a Participant on a leave of absence due to qualified military service as defined in Code Section 414(u); 

  

	 	(c)	Provide for level amortization over its term with payments at monthly or more frequent intervals, as determined by the Company; 

  

 24 

	 	(d)	Provide for loan payments (1) to be withheld whenever possible through periodic Payroll deductions from the Participant’s compensation from any member of the Affiliated
Group; or (2) to be paid by check or money order whenever Payroll withholding is not possible; 

  

	 	(e)	Provide for repayment in full on or before the earlier of (1) the date when the Participant severs from all employment with any member of the Affiliated Group; or (2) the
date (A) five years after the loan is made or (B) 20 years after the loan is made if the loan is used to acquire a dwelling unit which within a reasonable time is to be used as the Participant’s principal residence. Notwithstanding
the foregoing, loan repayments may be suspended under the Plan as permitted under Section 414(u) of the Code and the term of a Participant’s loan may be extended by the length of the Participant’s leave of absence due to qualified
military service as defined in Code Section 414(u) in accordance with the requirements of Code Section 72(p) and the regulations thereunder. In addition, a Participant’s loan repayments may be suspended for a period of up to one year
if the Participant is on a bona fide, unpaid leave of absence; however, the term of a Participant’s loan can not be extended by the length of his or her bona fide leave of absence; 

  

	 	(f)	Provide that a Participant may not receive any distribution from any of his or her Accounts under Article 8 or 11 until the loan obligation is repaid, except to the extent that all
or any part of such distribution is used to repay the outstanding balance of the loan; and 

  

	 	(g)	Provide that a Participant’s Accounts may not be applied to the satisfaction of the Participant’s loan obligations before the Accounts become distributable under Article
8, unless the Company determines that the loan obligations are in default because a periodic payment is more than 90 days past due and takes such actions as the Company deems necessary or appropriate to cause the Plan to realize on its security for
the loan. Such actions may include (without limitation) an involuntary withdrawal from the Participant’s Accounts, whether or not the withdrawal would be permitted under Article 11 on a voluntary basis, provided that an involuntary withdrawal
attributable to Company Contributions made with respect to Plan Years that ended less than 24 months prior to the date of the withdrawal (adjusted to reflect any earnings, appreciation or losses attributable to Company Contributions) or attributable
to Participant Elected Contributions shall be permitted only to the extent that the hardship requirements of Code Section 401(k)(2)(B)(i)(IV) and of Sections 1.401(k)-1(d)(3)(ii) and 1.401(k)-1(d)(3)(iii)(A) of the Treasury Regulations
are met. The Company may take such other action as it deems necessary to recover the balance of a loan secured by the Participant’s Accounts. If a Participant’s loan obligations are in default, the Participant shall not be permitted to
obtain a loan under the Plan thereafter. 

  

	10.3 	 Company Consent. The Company, in its sole discretion, may withhold its consent to any loan under this Article or may consent only to the borrowing of a part
of the amount requested by the Participant. The Company shall act upon requests for loans in a uniform 

  

 25 

	 	 
and nondiscriminatory manner, consistent with the requirements of Sections 401(a), 401(k) and related provisions of the Code.

  

	10.4 	Source of Loans. If a Participant requests and is granted a loan, a Loan Account shall be established for the Participant. The Loan Account shall be held by the Trustee as
part of the Loan Fund. The amount of the loan shall be transferred to the Participant’s Loan Account from the Participant’s other Accounts and shall be disbursed from the Loan Account. Transfers from the Company Stock Fund shall be made in
accordance with the requirements for exemption under Section 16(b) of the Exchange Act if such a transfer would cause the Participant to incur short-swing trading profits liability under Section 16(b) of the Exchange Act. The promissory
note executed by the Participant shall be held by the Trustee (or by the Company as agent of the Trustee) and the promissory note shall be treated as an investment of the Participant’s Loan Account. 

  

	10.5 	Disbursement of Loans. A Participant may request a loan by completing the loan request procedures prescribed by the Company. A loan shall be disbursed as soon as reasonably
practicable after the date on which the Company (or its agent) receives the loan request (subject to the Company’s consent). 

  

	10.6 	Loan Fees. A Participant who obtains a loan under this Article shall be required to pay such fees as the Company may impose in order to defray the cost of administering loans
from the Plan. 

  

	10.7 	Valuation Date. For purposes of this Article, the value of a Participant’s Accounts shall be determined as of a Valuation Date within a reasonable period, not generally
to exceed 30 days, on or after the date on which the Company (or its agent) receives the prescribed loan request. 

  

	10.8 	Loan Payments and Defaults. Principal and interest payments on a Participant’s loan shall be credited initially to the Participant’s Loan Account and shall be
transferred as soon as reasonably practicable thereafter to the Participant’s other Accounts in the ratio specified by the Participant under Section 6.2 for the investment of future contributions. Any loss caused by nonpayment or other
default on a Participant’s loan obligations shall be satisfied solely by that Participant’s Accounts. If a Participant defaults on a Plan loan, the Participant shall not be permitted to obtain a loan under the Plan thereafter.

  
 ARTICLE 11. WITHDRAWALS
WHILE EMPLOYED 
  

	11.1 	Age 59 1/2 and Disability Withdrawals. 

  

	 	(a)	A Participant who is an Employee and who has attained age 59 1/2 may withdraw up to the full amount of his or her Accounts. 

  

	 	(b)	A Participant who is an Employee and who is Disabled may withdraw up to the full amount of his or her Accounts. 

  

	11.2 	 Hardship Withdrawals. A Participant who is an Employee may take a Hardship Withdrawal of all or any portion of his or her previously unwithdrawn Employee

  

 26 

	 	 
Contributions and earnings thereon accrued prior to January 1, 1988. A Hardship Withdrawal may be made only if the Company determines that it is
required on account of one or more of the following Hardships: 

  

	 	(a)	The construction or purchase (excluding mortgage payments) of a principal residence of the Participant; 

  

	 	(b)	The payment of tuition, related educational fees and room and board, for up to the next 12 months of post-secondary education for the Participant, or the Participant’s
spouse, children, or dependents (as defined in Code Section 152, and for taxable years beginning on or after January 1, 2005, without regard to Code Sections 152(b)(1), (b)(2) and (d)(1)(B)); 

  

	 	(c)	The payment of 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); 

  

	 	(d)	The payments for the burial or funeral expenses for the Participant’s deceased parent, spouse, children or dependents (as defined in Code Section 152, and for taxable
years beginning on or after January 1, 2005, without regard to Code Section 152(d)(1)(B)); 

  

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

  

	 	(f)	The payment of 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 the adjusted gross income); or 

  

	 	(g)	A financial need that has been identified as a deemed immediate and heavy financial need in a ruling, notice or other document of general applicability issued under the authority of
the Commissioner of Internal Revenue. 

  

	11.3 	Amount of a Hardship Withdrawal. The maximum amount of a Hardship Withdrawal is the amount necessary to satisfy the immediate and heavy financial need caused by the Hardship,
including amounts necessary to pay taxes or penalties that the Company determines may be reasonably anticipated to result from the Hardship Withdrawal. The determination of the amount of a permitted Hardship Withdrawal is made by the Company only
after the Participant has obtained all withdrawals and distributions, other than Hardship Withdrawals, and all nontaxable loans under all plans maintained by the Affiliated Group. 

  

	11.4 	 Consequences of a Hardship Withdrawal. Plan participation (for purposes of making Participant Elected Contributions or Catch-up Contributions or receiving
any allocation of Matching Contributions) and all employee before and after-tax contributions to the other qualified and nonqualified deferred compensation plans sponsored by members of 

  

 27 

	 	 
the Affiliated Group shall be suspended for a period of 6 months following a Hardship Withdrawal. The consequences of suspension from the Plan are described
in Section 3.4. 

  

	11.5 	Valuation Date. For purposes of this Article, the value of a Participant’s Accounts shall be determined as of the Valuation Date preceding the date on which the
withdrawal is to be paid. 

  

	11.6 	Source of Withdrawals. Withdrawals shall be paid from the affected Accounts. If more than one Account is available to pay the withdrawal because the Participant elected to
invest in more than one Investment Fund, the withdrawal shall be made from the subaccount(s) designated by the Participant, subject to such ordering and timing restrictions as the Company may adopt. Reasonable costs of processing the withdrawal
shall also be charged to the Participant’s Accounts. 

  

	11.7 	Payment of Withdrawals. A Participant may request a withdrawal by following the procedures prescribed by the Company. A withdrawal shall be paid as soon as reasonably
practicable after the date on which the Company receives the prescribed withdrawal request. Withdrawals shall be paid only in cash. 

  

	11.8 	Limitations on Withdrawals. A Participant shall not be permitted to make more than one withdrawal under this Article in any period of six consecutive months; provided,
however, that withdrawals made at the same time shall be considered a single withdrawal. The timing of withdrawals from the Company Stock Fund shall be limited when necessary to avoid liability from the short-swing trading profits provisions of
Section 16(b) of the Exchange Act. 

  
 ARTICLE 12. HIGHLY COMPENSATED EMPLOYEE DEFINITION 
  

	12.1 	Determining the Highly Compensated Employee Group. An individual is deemed to be a Highly Compensated Employee for any Plan Year if the individual is an active Employee who,
during the look-back year, received Section 415 Compensation of more than $80,000 (or such larger amount as may be adopted by the Commissioner of Internal Revenue to reflect a cost-of-living adjustment) and was a member of the Top-Paid Group;
or was a five-percent owner at any time during the Plan Year or the look-back year. The look-back year shall be the 12-month period immediately preceding the Plan Year. The determination of who is a Highly Compensated Employee, including the
determinations of the number and identity of Employees in the Top Paid Group and the Section 415 Compensation that is considered, will be made in accordance with Section 414(q) of the Code and the regulations thereunder.

  

	12.2 	“Highly Compensated Former Employee” means a former Employee who separated from service (or is deemed to have separated) prior to the determination year, performs
no service for any member of the Affiliated Group during the determination year, and was a Highly Compensated Employee as an active Employee for either the separation year or any determination year ending on or after the Employee’s 55th
birthday. The determination of who is a Highly Compensated Former Employee will be made in accordance with Section 414(q) of the Code and regulations thereunder. 

  

 28 

	12.3 	“Nonhighly Compensated Employee” for any Plan Year means any active Employee who is not a Highly Compensated Employee. 

  

	12.4 	“Top-Paid Group” for any Plan Year means the top 20 percent (in terms of Section 415 Compensation) of all Employees of the Affiliated Group, where the number
that is 20 percent of all Employees of the Affiliated Group is determined by excluding: 

  

	 	(a)	Any Employee covered by a collective bargaining agreement; 

  

	 	(b)	Any Employee who is a nonresident alien with respect to the United States and who receives no income with a source within the United States from a member of the Affiliated Group;

  

	 	(c)	Any Employee who has not completed six months of service at the end of the Plan Year; 

  

	 	(d)	Any Employee who normally works less than 17 1/2 hours per week; 

  

	 	(e)	Any Employee who normally works no more than six months during any year; and 

  

	 	(f)	Any Employee who has not attained the age of 21 at the end of the Plan Year. 

  

The Company may elect, in a consistent and uniform manner, to apply one or more of the age and service-based exclusions above by substituting a younger
age or shorter period of service, or by not excluding individuals on the basis of age or service. 
  
 ARTICLE 13. CONTRIBUTION LIMITATIONS 
  

	13.1 	Return of Excess Deferrals. 

  

	 	(a)	The aggregate Participant Elected Contributions of any Participant for any calendar year, together with his or her elective deferrals under any other plan or arrangement to which
Section 402(g) of the Code applies and that is maintained by a member of the Affiliated Group, shall not exceed the Annual Deferral Limit. In the event that the Participant has Excess Deferrals, then the Participant may designate all or a
portion of such Excess Deferrals as attributable to this Plan and may request a refund of such portion by notifying the Company in writing on or before the March 1 next following the close of such calendar year. If timely notice is received by
the Company, then such portion of the Excess Deferrals, and any income or loss allocable to such portion, shall be refunded to the Participant not later than the April 15 next following the close of such calendar year. 

 

	 	(b)	 If the Participant fails properly to request a distribution of all such Excess Deferrals, and such Excess Deferrals are attributable solely to plans, contracts or
arrangements of the Affiliated Group, then the Company shall be deemed to have notice of such Excess Deferrals and shall designate one or more plans maintained by a member of the Affiliated Group from which the refund of Excess Deferrals 

  

 29 

	 	 
and allocable income or loss shall be made no later than April 15 next following the close of such calendar year. 

  

	 	(c)	Any Participant Elected Contributions distributed pursuant to this Section 13.1 shall not be included in the Participant Elected Contributions to which a Matching Contribution
under Section 5.1 of the Plan attaches. 

  

	13.2 	Actual Deferral Percentage and Actual Contribution Percentage Limitations. The Plan is intended to satisfy the safe harbor requirements of Code Sections 401(k)(12) and
401(m)(11) due to the Nonelective Contributions made under the Plan which are intended to constitute “safe harbor contributions” under Code Section 401(k)(12)(C). 

  

	13.3 	Limitation on Contributions. Except to the extent permitted under Section 4.6 of the Plan and Section 414(v) of the Code, if applicable, the Annual Additions that
may be contributed or allocated to a Participant for any Plan Year shall not exceed the lesser of: 

  

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

  

	 	(b)	100% of the Participant’s Section 415 Compensation for such year. 

  

If a Participant’s Annual Additions would exceed the foregoing limitation, then such Annual Additions shall be reduced by reducing the components
thereof as necessary in the order in which they are listed in Section 13.7(a). The limitation in Section 13.3(b) shall not apply to any amount that otherwise is an Annual Addition under Section 415(l)(1) or 419A(d)(2) of the Code.

  

	13.4 	Return of Participant Elected Contributions. If the amount of any Participant’s Participant Elected Contributions is determined to be an excess Annual Addition under
this Article, then the amount of such excess (adjusted to reflect any earnings, appreciation or losses attributable to such excess) shall be refunded by the Trustee in cash to the Participant. 

  

	13.5 	 Excess Company Contributions. If the amount of the Company Contributions allocated to a Participant for any Plan Year must be reduced to meet the limitation
described in Section 13.3, then the amount of the reduction shall be applied to reduce the total amount that the Participating Companies otherwise would contribute for such year pursuant to Article 5 of the Plan. If the amount that the
Participating Companies may contribute is thereby reduced to zero and if there are Company Contributions that still cannot be allocated to any Participant because of the limitation described in Section 13.3, then the excess shall be transferred
to a suspense account. Any gains, income or losses attributable to the suspense account shall be allocated to such account. All amounts credited to the suspense account shall be applied to reduce the total amount that the Participating Companies
otherwise would contribute to the Plan for the next Plan Year, and for succeeding Plan Years if necessary. Such amounts shall be allocated among Participants pursuant to Article 5 of the Plan until the suspense account is exhausted (subject to this
Article). No Participant Elected Contributions or Company Contributions shall be made as long as any amount remains in the suspense account. However, this 

  

 30 

	 	 
method of addressing excess Annual Additions will only be permitted in the event the excess Annual Additions result from the allocation of forfeitures or
result from a reasonable error in determining the amount of elective deferrals under Code Section 401(g)(3). 

  

	13.6 	Prospective Limitations on Participant Elected Contributions. At any time, the Company (at its sole discretion) may reduce the maximum rate at which any Participant may make
Participant Elected Contributions to the Plan, or the Company may require that any Participant discontinue all Participant Elected Contributions, in order to ensure that the limitations described in this Article 13 are met. Any reduction or
discontinuance of Participant Elected Contributions may be applied selectively to individual Participants or to particular classes of Participants, as the Company may determine. Upon such date as the Company may determine, this Section shall
automatically cease to apply until the Company again determines that a reduction or discontinuance of Participant Elected Contributions is required for any Participant. 

  

	13.7 	Special Definitions Used in Article 13. The following definitions shall apply for purposes of this Article 13. 

  

	 	(a)	“Annual Additions” means, for any Plan Year, the sum of the following: 

  

	 	(1)	The amount of after-tax contributions that the Participant contributes during such year to all qualified retirement plans, other than this Plan, maintained by the Section 415
Employer Group; 

  

	 	(2)	The amount of elective contributions that the Participant contributes during such year to all qualified retirement plans, other than this Plan, maintained by the Section 415
Employer Group; 

  

	 	(3)	The amount of Participant Elected Contributions that the Participant contributes during such year; 

  

	 	(4)	The amount of employer contributions and forfeitures allocated to the Participant under any qualified defined contribution plan that may be maintained by the Section 415
Employer Group, other than this Plan, as of any date within such year; and 

  

	 	(5)	The amount of Company Contributions and Forfeitures allocated to the Participant as of any date within such year. 

  

	 	(b)	“Annual Deferral Limit” means the dollar limit in effect for any calendar year under Section 402(g) of the Code. 

  

	 	(c)	“Excess Deferrals” means the aggregate amount of a Participant’s Participant Elected Contributions for any calendar year and any other elective deferrals
(within the meaning of Section 402(g)(3) of the Code) under all plans, contracts or arrangements of the Affiliated Group and any other employers, that exceed the Annual Deferral Limit set forth in Section 13.7(b). 

 

 31 

	 	(d)	“Section 415 Compensation” means any one of the following definitions of compensation received by an Employee from members of the Affiliated Group:

  

	 	(1)	Compensation as defined in Treasury Regulation Section 1.415-2(d) or any successor thereto; 

  

	 	(2)	“Wages” as defined in Section 3401(a) of the Code for purposes of income tax withholding at the source, but determined without regard to any rules that limit the
remuneration included in wages based on the nature or location of the employment or the services performed (such as the exception for agricultural labor in Section 3401(a)(2) of the Code); 

  

	 	(3)	“Wages” as defined in Section 3401(a) of the Code for purposes of income tax withholding at the source, plus all other payments of compensation reportable under Code
Sections 6041(d) and 6051(a)(3) and the regulations thereunder, determined without regard to any rules that limit such Wages or reportable compensation based on the nature or location of the employment or the services performed (such as the
exception for agricultural labor in Section 3401(a)(2) of the Code), and modified, at the election of the Company, to exclude amounts paid or reimbursed for the Employee’s moving expenses, to the extent it is reasonable to believe that
these amounts are deductible by the Employee under Section 217 of the Code; or 

  

	 	(4)	Any of the definitions of Section 415 Compensation set forth in Paragraphs (1), (2) and (3) above, reduced by all of the following items (even if includable in gross
income): reimbursements or other expense allowances, fringe benefits (cash and noncash), moving expenses, deferred compensation and welfare benefits. 

  
 In addition, Section 415 Compensation shall include (a) any amount the Participant has elected to defer under this
Plan or any cafeteria plan under Section 125 of the Code; and (b) payments to an individual who does not currently perform services for any member of the Affiliated Group by reason of qualified military service (as that term is used in
Code Section 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 Affiliated Group rather than entering qualified military service.

  
 Any definition of Section 415 Compensation shall be used
consistently to define the compensation of all Employees taken into account in satisfying the requirements of an applicable provision of the Plan for the relevant determination period. 
  

	 	(e)	 “Section 415 Employer Group” means the Affiliated Group, except that “more than 50 percent” shall be substituted for “at least
80 percent” wherever the phrase 

  

 32 

	 	 
occurs in Section 1563(a) of the Code (as incorporated by reference in Sections 414(b) and (c) of the Code). 

  
 ARTICLE 14. THE TRUST FUND AND PLAN INVESTMENTS

  

	14.1 	Control and Management of Plan Assets. The Company shall have the control over and management of the assets of the Plan, but only to the extent of having the authority
(a) to appoint one or more Trustees to hold assets of the Plan in trust and to enter into a Trust Agreement with each Trustee it appoints; (b) to appoint one or more insurance companies that are qualified to do business in at least one
state to hold assets of the Plan and to enter into a contract with each insurance company it appoints (or to direct the Trustee to enter into such contract); (c) to appoint one or more Investment Managers for any assets of the Plan and to enter
into an investment management agreement with each Investment Manager it appoints; and (d) to direct the investment of any Plan assets not assigned to an Investment Manager. 

  

	14.2 	Trustee Duties. The Trustee shall have the exclusive authority and discretion to control and manage assets of the Plan it holds in trust, except to the extent that
(a) the Plan prescribes how such assets shall be invested; (b) the Company directs how such assets shall be invested; or (c) the Company allocates the authority to manage such assets to one or more Investment Managers. Each Investment
Manager shall have the exclusive authority to manage, including the authority to acquire and dispose of, the assets of the Plan assigned to it by the Company, except to the extent that the Plan prescribes or the Company directs how such assets shall
be invested. Each Trustee and Investment Manager shall be solely responsible for diversifying, in accordance with Section 404(a)(1)(C) of ERISA, the investment of the assets of the Plan assigned to it by the Committee, except to the extent that
the Plan prescribes or the Committee directs how such assets shall be invested. 

  

	14.3 	Independent Qualified Public Accountant. The Company shall engage an independent qualified public accountant to conduct such examinations and to express such opinions as may
be required by Section 103(a)(3) of ERISA. The Company in its discretion may remove and discharge the person so engaged, in which event it shall appoint a successor independent qualified public accountant to perform such examinations and
express such opinions. 

  

	14.4 	Administrative Expenses. Except as otherwise explicitly stated in the Plan (including Sections 9.6, 10.6 and 11.6 hereof) and the Trust Agreement, the Participating Companies
or the Trust Fund shall pay the administrative expenses of the Plan and Trust Fund. 

  

	14.5 	Benefit Payments. All benefits payable pursuant to the Plan shall be paid by the Trustee out of the Trust Fund pursuant to the directions of the Company and the terms of the
Trust Agreement. 

  

 33 

 ARTICLE 15. ADMINISTRATION AND OPERATION OF THE PLAN 
  

	15.1 	Plan Administration. The Company is the “named fiduciary,” “administrator” and “plan sponsor” of the Plan (as such terms are used in ERISA).
Except as otherwise specified in the Plan, the following parties shall have the following rights, powers and authority with respect to the administration of the Plan. To the extent that the Plan requires an action under the Plan to be taken by the
Company, the party specified in this Section 15.1 shall be authorized to act on behalf of the Company. 

  

	 	(a)	Rights, Powers and Duties of Global Benefits Committee. The Global Benefits Committee (as defined below) shall have the following rights, powers and authority under the Plan:

  

	 	(1)	to amend the Plan, to the extent that such amendment is either (A) required under applicable law, or (B) does not materially increase the benefits provided under the Plan;

  

	 	(2)	to appoint and remove Trustees and Investment Managers and otherwise control and manage the Plan’s assets in accordance with Section 14.1; 

  

	 	(3)	to appoint and remove members of the Fiduciary Committee; 

  

	 	(4)	to maintain and keep adequate records concerning the Plan and its proceedings and acts in such form and detail as the Global Benefits Committee may decide; 

 

	 	(5)	to adopt such rules, regulations and procedures as it may deem reasonably necessary for the proper and efficient administration of the Plan and consistent with its purpose; and

  

	 	(6)	to make such rules, interpretations, computations and take such other actions to carry out the foregoing responsibilities under the Plan as it may deem appropriate, in its sole
discretion. Such rules, interpretations, computations and actions shall be conclusive and binding on all persons. 

  

	 	(b)	Rights, Powers and Duties of Fiduciary Committee. The Fiduciary Committee (as defined below) shall have the following rights, powers and authority under the Plan:

  

	 	(1)	to conclusively determine all questions arising under the Plan (other than those specifically reserved to the Global Benefits Committee), including questions relating to
eligibility, amount of benefits and other Plan rights of Participants and other persons entitled to benefits under the Plan; 

  

	 	(2)	 to review the performance of the Investment Funds on a periodic basis and to report and make recommendations with respect to such Investment Funds to the Global
Benefits Committee; provided, however, if at any time the Board or one of its duly appoint delegates has not appointed a Global Benefits Committee, the Fiduciary Committee shall have the right 

  

 34 

	 	 
to appoint and remove Trustees and Investment Managers and otherwise control and manage the Plan’s assets in accordance with Section 14.1;

  

	 	(3)	to direct all benefit payments under the Plan; 

  

	 	(4)	to maintain and keep adequate records concerning the Plan and its proceedings and acts in such form and detail as the Fiduciary Committee may decide; 

  

	 	(5)	to adopt such rules, regulations and procedures as it may deem reasonably necessary for the proper and efficient administration of the Plan and consistent with its purpose; and

  

	 	(6)	to make such rules, interpretations, computations and take such other actions to carry out the foregoing responsibilities under the Plan as it may deem appropriate, in its sole
discretion. Such rules, interpretations, computations and actions shall be conclusive and binding on all persons. 

  

	 	(c)	In administering the Plan, the Global Benefits Committee and Fiduciary Committee: (1) shall act in a nondiscriminatory manner to the extent required by Section 401(a) and
related Sections of the Code; and (2) shall at all times discharge their duties in accordance with the standards set forth in Section 404(a)(1) of ERISA. 

  

	 	(d)	Definitions. The following terms shall have the meanings set forth below: 

  

	 	(1)	“Fiduciary Committee” means the committee appointed by the Global Benefits Committee (or the Board or one of its duly appointed delegates, for periods prior to
January 1, 2004) for purposes of performing certain administrative functions with respect to the Plan, as specified herein. If at any time the Global Benefits Committee has not appointed a Fiduciary Committee, the Global Benefits Committee (or
the Board or one of its duly appointed delegates if no Global Benefits Committee then exists) shall act as the Fiduciary Committee. 

  

	 	(2)	“Global Benefits Committee” means the committee appointed by the Board or one of its duly appointed delegates for purposes of performing certain investment and
administrative functions with respect to the Plan, as specified herein. If at any time the Board or one of its duly appointed delegates has not appointed a Global Benefits Committee, the Board or one of its duly appointed delegates shall act as the
Global Benefits Committee. 

  

	15.2 	 Employment of Advisers. The Company, Global Benefits Committee and Fiduciary Committee may retain such attorneys, accountants, consultants or other persons
to render advice or to perform services with regard to their responsibilities under the Plan as they shall determine to be necessary or desirable. The Company, Global Benefits Committee and Fiduciary Committee may designate by written instrument
(signed by both parties) 

  

 35 

	 	 
one or more persons to carry out, where appropriate, their respective fiduciary responsibilities under the Plan. Duties and responsibilities under the Plan
that have not been delegated to other fiduciaries pursuant to the preceding sentence shall be carried out by its directors, officers and employees, acting on behalf and in the name of the Company or applicable Committee in their capacities as
directors, officers and employees, and not as individual fiduciaries. 

  

	15.3 	Service in Several Fiduciary Capacities. Nothing herein shall prohibit any person or group of persons from serving in more than one fiduciary capacity with respect to the
Plan. 

  
 ARTICLE 16. CLAIMS AND
REVIEW PROCEDURES 
  

	16.1 	Applications for Benefits. Any application for benefits under the Plan shall be submitted to the Company at its principal office. Such application shall be in writing on the
prescribed form and shall be signed by the applicant. 

  

	16.2 	Denial of Applications. In the event that any application for benefits is denied in whole or in part, the Company shall notify the applicant in writing or electronically of
the right to a review of the denial. Such written notice shall set forth, in a manner calculated to be understood by the applicant, specific reasons for the denial, specific references to the Plan provisions on which the denial was based, a
description of any information or material necessary to perfect the application, an explanation of why such material is necessary, an explanation of the Plan’s review procedure, and a statement of the applicant’s right to bring a civil
action under Section 502(a) of ERISA following an adverse benefit determination on review. Such notice shall be given to the applicant within 90 days after the Company receives the application, unless special circumstances require an extension
of time for processing the application. In no event shall such an extension exceed a period of 90 days from the end of the initial 90-day period. If such an extension is required, written notice thereof shall be furnished to the applicant before the
end of the initial 90-day period. Such notice shall indicate the special circumstances requiring an extension of time and the date by which the Company expects to render a decision. If notice is not given to the applicant within the period
prescribed by this Section 16.2, the application shall be deemed to have been denied for purposes of Section 16.3 upon the expiration of such period. 

  

	16.3 	 Requests for Review. Any person whose application for benefits is denied in whole or in part (or such person’s duly authorized representative) may
appeal the denial by submitting to the Fiduciary Committee a request for a review of such application within 90 days after receiving written notice of the denial. The Fiduciary Committee shall give the applicant or such representative an opportunity
to review pertinent documents (except legally privileged materials) in preparing such request for review and to submit issues and comments in writing. The request for review shall be in writing and shall be addressed to the Company’s principal
office. The request for review shall set forth all of the grounds on which it is based, all facts in support of the request, and any other matters which the applicant deems pertinent. The Fiduciary Committee may require the applicant 

  

 36 

	 	 
to submit such additional facts, documents or other material as it may deem necessary or appropriate in making its review. 

  

	16.4 	Decisions on Review. The Fiduciary Committee shall act upon each request for review within 60 days after receipt thereof, unless special circumstances require an extension of
time for processing, but in no event shall the decision on review be rendered more than 120 days after the Fiduciary Committee receives the request for review. If such an extension is required, written notice thereof shall be furnished to the
applicant before the end of the initial 90-day period. The Fiduciary Committee shall give prompt, written or electronic notice of its decision to the applicant and to the Company. In the event that the Fiduciary Committee confirms the denial of the
application for benefits in whole or in part, such notice shall set forth, in a manner calculated to be understood by the applicant, the specific reasons for such denial, specific references to the Plan provisions on which the decision is based, and
a statement of the applicant’s right to bring a civil action under Section 502(a) of ERISA following an adverse benefit determination on review. To the extent that the Fiduciary Committee overrules the denial of the application for
benefits, such benefits shall be paid to the applicant. 

  

	16.5 	Rules and Procedures. The Fiduciary Committee shall adopt such rules and procedures, consistent with ERISA and the Plan, as it deems necessary or appropriate in carrying out
its responsibilities under this Article 16. 

  

	16.6 	Exhaustion of Administrative Remedies. No legal or equitable action for benefits under the Plan shall be brought unless and until the claimant (a) has submitted a
written application for benefits in accordance with Section 16.1; (b) has been notified that the application is denied; (c) has filed a written request for a review of the application in accordance with Section 16.3; and
(d) has been notified in writing or electronically that the Fiduciary Committee has affirmed the denial of the application. If the claimant has entered into an arbitration agreement with the Company or a Participating Company, the provisions of
that arbitration agreement will govern following the claimant’s compliance with the foregoing provisions of this Article 16, and shall be the sole and exclusive remedy following compliance with the foregoing provisions.

  
 ARTICLE 17. AMENDMENT AND
TERMINATION 
  

	17.1 	Right To Amend or Terminate. The Company expects to continue the Plan indefinitely. However, future conditions cannot be foreseen, and the Company reserves the right at any
time and for any reason, by action of the Board or by a person or persons acting pursuant to a valid delegation of authority, (a) to amend the Plan; (b) to reduce or discontinue Employee Contributions, Company Contributions or all
Contributions; or (c) to terminate the Plan and the Trust Fund. 

  

	17.2 	 Protection of Participants. No amendment of the Plan shall reduce the benefit of any Participant that accrued under the Plan prior to the date when such
amendment is adopted, except to the extent that a reduction in accrued benefits may be permitted by the Code and ERISA. No Plan amendment or other action by the Company shall divert any part of the Plan’s assets to purposes other than the
exclusive purpose of providing 

  

 37 

	 	 
benefits to the Participants and Beneficiaries who have an interest in the Plan and of defraying the reasonable expenses of administering the Plan.

  

	17.3 	Effect of Termination. Upon termination of the Plan, no assets of the Plan shall revert to any Participating Company or be used for, or diverted to, purposes other than the
exclusive purpose of providing benefits to Participants and Beneficiaries and of defraying the reasonable expenses of termination. If the Plan is terminated or partially terminated, or if all contributions to the Plan are completely discontinued,
then each Participant who then is an Employee and who is directly affected by such event shall have a 100 percent vested interest in each of his or her Accounts, without regard to the number of Years of Service he or she has completed.

  

	17.4 	Allocation of Trust Fund Upon Termination. Upon termination of the Plan, the Trust Fund shall continue in existence until the Accounts of each Participant have been
distributed to such Participant (or to his or her Beneficiary) pursuant to Article 8; provided, however, that the assets of the Plan shall be allocated in accordance with any applicable requirements under Section 403(d)(1) of ERISA.

  

	17.5 	Partial Termination. Upon a partial termination of the Plan, Sections 17.3 and 17.4 shall apply with respect to such Participants and Beneficiaries as are affected by
such partial termination. 

  
 ARTICLE 18. MISCELLANEOUS PROVISIONS 
  

	18.1 	Plan Mergers. The Plan shall not merge or consolidate with, or transfer assets or liabilities to, any other plan unless each Participant would receive a benefit immediately
after such merger, consolidation or transfer (if the Plan then terminated) that is equal to or greater than the benefit that such Participant would have been entitled to receive immediately before the merger, consolidation or transfer (if the Plan
had then terminated). 

  

	18.2 	 No Assignment of Property Rights. Except as otherwise provided in Article 9 with respect to QDROs or as provided in the following sentence, the interest or
property rights of any Participant or Beneficiary in the Plan, in the Trust Fund or in any distribution to be made under the Plan shall not be subject to option nor be assignable, either by voluntary or involuntary assignment or by operation of law,
including (without limitation) bankruptcy, garnishment, attachment or other creditor’s process, and any act in violation of this Section 18.2 shall be void. Notwithstanding any Plan provision to the contrary, a Participant’s Plan
benefits shall be reduced by any amount such Participant is ordered or required to pay to the Plan if the order or requirement to pay arises (a) under a judgment or conviction for a crime involving the Plan; (b) under a civil judgment
(including a consent order or decree) entered by a court in an action brought in connection with a breach (or alleged breach) of fiduciary duty under ERISA; or (c) pursuant to a settlement agreement entered into by the Participant and the
Secretary of Labor in connection with a breach of fiduciary duty under ERISA by a fiduciary or any other person; provided, however, that the judgment, order, decree, or settlement agreement expressly provides for 

  

 38 

	 	 
the offset of all or part of the amount ordered or required to be paid to the Plan against the Participant’s benefits under the Plan.

  

	18.3 	No Employment Rights. Nothing in the Plan shall be deemed to give any individual a right to remain in the employ of an Affiliate or affect the right of an Affiliate to
terminate an individual’s employment at will with or without cause, at any time with or without notice, for any reason or no reason, which right is hereby reserved. 

  

	18.4 	Choice of Law. The Plan and all rights thereunder shall be interpreted and construed in accordance with ERISA and, to the extent that state law is not preempted by ERISA, the
law of the State of California. 

  

	18.5 	Voting of Company Stock. Before each annual or special meeting of the Company’s shareholders, the Company shall cause to be sent to each Participant who has invested any
part of his or her Account in the Company Stock Fund the proxy statement and any related materials that are sent to the Company’s registered shareholders. Each Participant shall have the right to instruct the Trustee confidentially (in writing
on the prescribed form) with respect to the voting at such meeting of the number of shares of Company Stock that were allocated to the Participant’s Account as of the Valuation Date immediately preceding the record date for such meeting or such
later date, up to and including the record date for such meeting, as the Plan Administrator may deem practicable. Such instructions shall be submitted to the Trustee by the date specified by the Company and, once received by the Trustee, shall be
irrevocable. Under no circumstances shall the Trustee permit any Participating Company or any officer, employee or representative thereof to see any voting instructions given by a Participant to the Trustee. The Trustee shall vote any Company Stock
for which it has not received timely written instructions in the same proportion as the Trustee votes the shares for which timely voting instructions have been received from Participants. 

  

	18.6 	 Tender Offers. In the event that any person or group makes an offer subject to Section 14(d) of the Exchange Act to acquire all or part of the
outstanding Company Stock, including Company Stock held in the Plan (“Acquisition Offer”), each Participant shall be entitled to direct the Trustee confidentially (on a form prescribed by the Company) to tender all or part of those shares
of Company Stock that would then be subject to such Participant’s voting instructions under Section 18.5 above. If the Trustee receives such an instruction by a date determined by the Trustee and communicated to Participants, the Trustee
shall tender such Company Stock in accordance with such instruction. Any Company Stock as to which the Trustee does not receive instructions within such period shall not be tendered by the Trustee, except as required by law. The Trustee shall obtain
and distribute to each Participant all appropriate materials pertaining to the Acquisition Offer, including the statement of the position of the Company with respect to such offer issued pursuant to Regulation 14(e)-2 of the Exchange Act, as soon as
practicable after such materials are issued; provided, however, that if the Company fails to issue such statement within five (5) business days after the commencement of such offer, the Trustee shall distribute such materials to each
Participant without such statement by the Company and shall separately distribute such statement by the Company as soon as practicable after it is issued. The Trustee shall follow the procedures regarding 

  

 39 

	 	 
confidentiality and verification of compliance with voting instructions described in Section 18.5 above. 

  

	18.7 	Plan Appendices. The provisions of the Plan may be modified by an appendix to the Plan. The terms and provisions of each appendix are a part of the Plan and supersede the
provisions of the Plan to the extent necessary to eliminate inconsistencies between the Plan and such appendix. 

  
 ARTICLE 19. SPECIAL TOP-HEAVY PROVISIONS 
  

	19.1 	Determination of Top-Heavy Status. Any other provision of the Plan notwithstanding, this Article shall apply to any Plan Year in which the Plan is a Top-Heavy Plan. The Plan
shall be considered a “Top-Heavy Plan” for a Plan Year if, as of the Determination Date for such Plan Year, the Top-Heavy Ratio for the Aggregation Group exceeds 60 percent. The top-heavy requirements of Section 416 of the Code and
this Article 19 of the Plan shall not apply in any year in which the Plan 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. 

  

	19.2 	Minimum Allocations. For any Plan Year during which the Plan is a Top-Heavy Plan, the Company Contributions allocated to the Account of each Participant who is not a Key
Employee, but who is an Employee on the last day of such Plan Year, shall not be less than the lesser of the following amounts: 

  

	 	(a)	Three percent of his or her Top-Heavy Compensation; or 

  

	 	(b)	A percentage of his or her Top-Heavy Compensation equal to the greatest allocation of Company Contributions and Participant Elected Contributions, expressed as a percentage of
Top-Heavy Compensation, made on behalf of any Participant who is a Key Employee. 

  

	19.3 	Special Definitions. For purposes of this Article 19, the following definitions shall apply: 

  

	 	(a)	“Aggregation Group” means either the Required Aggregation Group or any Permissive Aggregation Group, as the Company may elect. 

  

	 	(b)	“Determination Date” means the December 31 next preceding the applicable Plan Year. 

  

	 	(c)	“Key Employee” means a “key employee” (within the meaning of Section 416(i) of the Code). In applying Section 416(i) of the Code, “annual
compensation” shall mean Top-Heavy Compensation. 

  

	 	(d)	 “Permissive Aggregation Group” means a group of qualified plans that includes (1) the Required Aggregation Group; and (2) one or more
plans of the Affiliated Group that are not part of the Required Aggregation Group. A Permissive 

  

 40 

	 	 
Aggregation Group, when viewed as a single plan, must satisfy the requirements of Sections 401(a)(4) and 410 of the Code. 

 

	 	(e)	“Required Aggregation Group” means a group of qualified plans that includes (1) each plan of the Affiliated Group in which a Key Employee is a participant; and
(2) each other plan of the Affiliated Group that enables any plan in which a Key Employee participates to meet the requirements to Sections 401(a)(4) or 410 of the Code. 

  

	 	(f)	“Top-Heavy Compensation” means Section 415 Compensation, as defined in Section 13.7(d); provided, however, that Top-Heavy Compensation shall not include
any amount paid to a Participant for the Plan Year in excess of the Compensation Limitation. 

  

	 	(g)	“Top-Heavy Ratio” means a percentage determined pursuant to Section 416(g) of the Code. 

  

	19.4 	Top-Heavy Vesting Rules. For periods after December 31, 2001, the minimum vesting required under Code Section 416(b) for any Plan Year in which the Plan is a
Top-Heavy Plan is automatically satisfied pursuant to Section 7.1 of the Plan, which provides that all Accounts are fully vested at all times. 

  
 ARTICLE 20. EXECUTION 
  
 To record the amendment and restatement of the Plan as set forth herein, effective January 1, 2006, the Company has caused its
authorized officer to execute the same this 19th day of October 2005. 
  

			
	 AMGEN INC.

		
	By	 	 /s/ Brian McNamee

	 	 	 Brian McNamee

	 	 	 Senior Vice President, Human Resources

  

 41 

  
 Appendix A

  
 Amgen Clinical Development 7, Limited 
 Amgen Clinical Development 8, Limited 
 Amgen SF, LLC 
 Amgen USA Inc. 
 Amgen Worldwide Services, Inc. 
 Immunex Corporation 
 Immunex Manufacturing Corporation 
 Immunex Rhode Island Corporation 
 Tularik Pharmaceutical Company 

 

 42 

  
 Appendix B

  
 Provisions Relating to the Merger of the 
 Amgen Salary Savings Plan into the Amgen Retirement and Savings Plan 
  

	1.	Introduction. Tularik Inc. (“Tularik”) established the Tularik Salary Savings Plan (the “Tularik Plan”) effective October 1, 1993 for the benefit of
its eligible employees. On August 13, 2004, Amgen Inc. (the “Company”) acquired Tularik in a stock acquisition and, in connection with the acquisition, the Company assumed sponsorship of the Tularik Plan. Effective August 13,
2004, the Tularik Plan was amended and restated, and renamed the Amgen Salary Savings Plan (the “ASSP”). 

  

	2.	Merger of ASSP. The ASSP shall be merged into the Plan effective the end of the business day on December 31, 2004 (the “Merger Date”), and shall be continued
in the form of the Plan. The merger of the ASSP into the Plan and the transfer of assets described in Paragraph 4 below shall be made in accordance with Code Sections 401(a)(12) and 414(l) and the regulations thereunder.

  

	3.	Participation. Each participant in the ASSP on December 31, 2004 shall be become a Participant in the Plan at the end of the business day on December 31, 2004, but
only with respect to such participant’s accounts that are transferred from the ASSP. Each such participant and beneficiary who has an account balance transferred from the ASSP to the Plan is referred to herein as a “Former Tularik
Participant.” A Former Tularik Participant shall not be eligible to participate in the Plan for periods after December 31, 2004 unless such person is otherwise eligible to participate in the Plan without regard to the provisions of this
Appendix B. 

  

	4.	Transfer of Assets. The assets of the trust under the ASSP shall be transferred to the Trustee of the trust for the Plan, which serves as the funding vehicle for the Plan, on
or as soon as administratively practicable after the Merger Date. 

  

	5.	Transfer of Account Balances. All accounts maintained under the ASSP shall be adjusted as of December 31, 2004, and the net credit balances in such accounts, as
adjusted, shall be transferred to the Plan and credited as of the Merger Date to the corresponding accounts maintained for the Former Tularik Participants under the Plan. Such balances, adjusted for subsequent earnings and losses, are referred to as
“Former Tularik Accounts.” 

  

	6.	Vesting. Participants under the ASSP will be fully vested in their accounts under the ASSP effective as of January 1, 2004. 

  

	7.	Definition of Disability. For all purposes of the Plan, a Former Tularik Participant will be considered disabled if he or she satisfies the requirements for benefits under
Tularik’s long-term disability plan as in effect on December 31, 2004. 

  

 43 

	8.	In-Service Withdrawals. In addition to the in-service withdrawals allowed under Section 11.1 of the Plan, a Former Tularik Participant shall be eligible to withdraw at
any time the portion of his or her Former Tularik Accounts that are attributable to rollover contributions. 

  

	9.	Distribution of Accounts. Notwithstanding any provision of the Plan to the contrary, upon the occurrence of an event that permits a distribution under the Plan (as defined in
Section 8.2 of the Plan and Paragraph 8 above), a Former Tularik Participant shall be eligible to request a distribution of his or her Former Tularik Accounts in one of the available forms of distribution described in Sections 8.6 and 8.7.

  

	10.	Transfer of Records. On or as soon as administratively practicable after the Merger Date, the plan administrator of the ASSP shall transfer to the Plan Administrator of the
Plan all administrative records maintained with respect to participants and beneficiaries who had account balances under the ASSP on December 31, 2004. 

  

	11.	Use of Terms. Terms used in this Appendix B with respect to the ASSP and the Plan shall, unless defined in this Appendix B, have the meanings of those terms as defined in the
ASSP or the Plan, as the case may be. All of the terms and provisions of the Plan shall apply to this Appendix B except that where the terms of the Plan and this Appendix B conflict, the terms of this Appendix B shall govern.

  

 44

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