Document:

Escrow Agreement - Peak Intl Limited, Mary Chow and Wykowski and Associates

 Exhibit 10.30 
 ESCROW AGREEMENT 
 THIS ESCROW AGREEMENT, dated as of April 16, 2007 (“Escrow
Agreement”), is by and between Peak International Limited, a Bermuda corporation (the “Company”); Mary Chow an executive officer of the Company (“Officer”); and Wykowski and Associates, a law firm with its place of
business in San Francisco, CA, as Escrow Agent hereunder (“Escrow Agent”). 
 BACKGROUND 
 A. The Company and Officer have entered into an Employment Agreement (as amended, the “Employment Agreement”), dated as of April 24, 2006,
a copy of which is attached hereto as Exhibit A, which defines the terms of the employment relationship between the Company and the Officer. The Employment Agreement provides that, in the event the Officer’s employment with the
Company is terminated by the Company for any reason other than as a result of the Officer’s death or Disability (as defined in the Employment Agreement) or for Cause (as defined in the Employment Agreement), the Officer shall be entitled to a
severance payment in an amount equal to $35,556 (the “Severance Payment”). In addition, the Employment Agreement provides that in the event the Officer’s employment with the Company is terminated within two (2) years following a
Change in Control (as defined in the Employment Agreement), (1) by the Company without Cause or (2) by the Officer for Good Reason (as defined in the Employment Agreement), the Officer shall be entitled to, among other things, the
Severance Payment. 
 B. The Company’s management may seek a merger of the Company with another corporation. To ensure the Officer is
properly paid amounts that may, in the future, become payable to the Officer pursuant to the Employment Agreement, the Company shall deposit an amount equal to the Severance Payment, which shall constitute the Escrow Funds, in a segregated escrow
account to be held by Escrow Agent. 
 C. Escrow Agent has agreed to accept, hold, and disburse the funds deposited with it and the earnings
thereon in accordance with the terms of this Escrow Agreement. 
 D. In order to establish the escrow of funds and to effect the provisions
of the Employment Agreement, the parties hereto have entered into this Escrow Agreement. 

 STATEMENT OF AGREEMENT 
 NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, for
themselves, their successors and assigns, hereby agree as follows: 
 1. Definitions. The following terms shall have the following
meanings when used herein: 
 “Company Representative” shall mean the person so designated on Schedule A hereto or any other
person designated in a writing signed by the Company and delivered to Escrow Agent and the Officer in accordance with the notice provisions of this Escrow Agreement, to act as its representative under this Escrow Agreement. 
 “Escrow Funds” shall mean the funds deposited with Escrow Agent pursuant to Section 3 of this Agreement, and shall
not include any interest and other income thereon. 
 “Escrow Period” shall mean the period commencing on the date
hereof and ending on the applicable termination date set forth on Schedule A hereto. 
 “Insolvent” small mean (i) the
Company is unable to pay its debts as they become due, or (ii) the Company is subject to a pending proceeding as a debtor under the United States Bankruptcy Code. 
 “Joint Written Direction” shall mean a written direction executed by a Company Representative and the Officer directing Escrow Agent to take or refrain from taking an action pursuant to this Escrow
Agreement. 
 “Officer Certificate” shall mean a certificate, in the form attached hereto as Exhibit B, executed by the
Officer and directing Escrow Agent to disburse the Escrow Funds. 
 2. Appointment of and Acceptance by Escrow Agent. The Company and
the Officer hereby appoint Escrow Agent to serve as escrow agent hereunder. Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Escrow Funds in accordance with Section 3 below, agrees to hold, invest
and disburse the Escrow Funds in accordance with this Escrow Agreement. 
 3. Deposit of Escrow Funds. Simultaneously with the
execution and delivery of this Escrow Agreement, the Company will transfer the Escrow Funds in the amount set forth on Schedule A hereto to Escrow Agent, by wire transfer of immediately available funds, to the account of the Escrow Agent
referenced on Schedule A hereto. The Escrow Funds shall be held separate and apart from other funds of the Company and shall be used exclusively for the uses and purposes as set forth in this Escrow Agreement. The Officer and his
beneficiaries shall have no preferred claim on, or any beneficial ownership interest in the Escrow Funds. Any rights created under this Escrow Agreement shall be mere unsecured contractual rights of the Officer. The Escrow Funds held by the Escrow
Agent will be subject to the claims of the Company’s general creditors under federal and state law in the event of Insolvency. 
 4.
Disbursements of Escrow Funds. Escrow Agent shall disburse Escrow Funds only (1) in the event the Officer’s employment with the Company is terminated by the Company for any reason other than as a result of the Officer’s death
or Disability (as defined in the Employment 

  

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Agreement) or for Cause (as defined in the Employment Agreement), or (2) in the event the Officer’s employment with the Company is terminated
within two (2) years following a Change in Control (as defined in the Employment Agreement), (a) by the Company without Cause or (b) by the Officer for Good Reason (as defined in the Employment Agreement). 
 To evidence the fulfillment of the condition to payment and release of the Escrow Funds and as a condition to Escrow Agent’s duty to disburse the
Escrow Funds, the Officer shall deliver a duly executed Officer Certificate. Such Officer Certificate shall contain wiring instructions or an address to which a check shall be sent. Upon the expiration of the Escrow Period, Escrow Agent shall
distribute, as promptly as practicable, any remaining Escrow Funds in the manner described on Schedule A, without any further instruction or direction from the Company, any Company Representative, or the Officer. 
 In the event the Escrow Funds are paid to the Officer in accordance with this Section 4, the Officer shall have the sole responsibility to
pay all applicable state and federal taxes, including all applicable withholding taxes, on amounts paid to the Officer. The Escrow Agent shall not be responsible for withholding any amounts on behalf of the Officer. 
 At the end of the Escrow Period, all interest and earnings on the Escrow Funds shall be returned to the Company. 
 All disbursements of funds from the Escrow Funds shall be subject to the fees and claims of Escrow Agent and the Indemnified Parties (as defined below)
pursuant to Section 10 and Section 11 below. 
 5. Suspension of Performance; Disbursement Into Court. If, at
any time, (i) there shall exist any dispute between the Company or the Officer with respect to the holding or disposition of all or any portion of the Escrow Funds or any other obligations of Escrow Agent hereunder, (ii) Escrow Agent is
unable to determine, to Escrow Agent’s sole satisfaction, the proper disposition of all or any portion of the Escrow Funds or Escrow Agent’s proper actions with respect to its obligations hereunder, or (iii) the Company
Representatives and the Officer have not within 30 days of the furnishing by Escrow Agent of a notice of resignation pursuant to Section 7 hereof, appointed a successor Escrow Agent to act hereunder, then Escrow Agent may, in its sole
discretion, take either or both of the following actions: 
 a. suspend the performance of any of its obligations (including
without limitation any disbursement obligations) under this Escrow Agreement until such dispute or uncertainty shall be resolved to the sole satisfaction of Escrow Agent or until a successor Escrow Agent shall have been appointed (as the case may
be). 
 b. petition (by means of an interpleader action or any other appropriate method) any court of competent jurisdiction
in any venue convenient to Escrow Agent, for 

  

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instructions with respect to such dispute or uncertainty, and to the extent required or permitted by law, pay into such court, for holding and disposition in
accordance with the instructions of such court, all Escrow Funds, after deduction and payment to Escrow Agent of all fees and expenses (including court costs and attorneys’ fees) payable to, incurred by, or expected to be incurred by Escrow
Agent in connection with the performance of its duties and the exercise of its rights hereunder. 
 Escrow Agent shall have no liability to the Company, the
Officer, the Company’s shareholders or members or any other person with respect to any such suspension of performance or disbursement into court, specifically including any liability or claimed liability that may arise, or be alleged to have
arisen, out of or as a result of any delay in the disbursement of the Escrow Funds or any delay in or with respect to any other action required or requested of Escrow Agent. 
 6. Investment of Funds. The Escrow Agent is herein directed and instructed to initially invest and reinvest the Escrow Funds in the investment
indicated on Schedule A hereto. With the execution of this document, the parties hereto acknowledge receipt of prospectuses and/or disclosure materials associated with the investment vehicle, either through means of hardcopy or via access to
the website associated with the investment selected by the parties to this Escrow Agreement. The parties hereto acknowledge that they have discussed the investment and are in agreement as to the selected investment. The Company and the Officer may
provide instructions to the Escrow Agent changing the investment of the Escrow Funds (subject to applicable minimum investment requirements) by the furnishing of a Joint Written Direction to the Escrow Agent; provided, however, that no
investment or reinvestment may be made except in the following: 
 a. direct obligations of the United States of America or
obligations the principal of and the interest on which are unconditionally guaranteed by the United State of America; 
 b.
certificates of deposit issued by any bank, bank and trust company, or national banking association (including Escrow Agent and its affiliates), which certificates of deposit are insured by the Federal Deposit Insurance Corporation or a similar
governmental agency; 
 c. repurchase agreements with any bank, trust company, or national banking association (including
Escrow Agent and its affiliates); or 
 d. any institutional money market fund offered by Escrow Agent, including any
institutional money market fund managed by Escrow Agent or any of its affiliates. 
 e. money market accounts of any bank,
trust company, or national banking association (including Escrow Agent and its affiliates). 
 If Escrow Agent has not received a Joint
Written Direction at any time that an investment decision must be made, Escrow Agent shall invest the Escrow Funds, or such portion 

  

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thereof as to which no Joint Written Direction has been received, in investments described in clause (d) or (e) above. Each of the foregoing
investments shall be made in the name of Escrow Agent. No investment shall be made in any instrument or security that has a maturity of greater than three (3) months. Notwithstanding anything to the contrary contained herein, Escrow Agent may,
without notice to the Company or the Officer, sell or liquidate any of the foregoing investments at any time if the proceeds thereof are required for any disbursement of Escrow Funds permitted or required hereunder. All investment earnings shall be
the property of the Company and shall not become part of the Escrow Funds; provided however, investment earnings shall be used to offset investment losses. Investment losses, to the extent not offset by investment earnings, shall be charged against
the Escrow Funds. Escrow Agent shall not be liable or responsible for loss in the value of any investment made pursuant to this Escrow Agreement, or for any loss, cost or penalty resulting from any sale or liquidation of the Escrow Funds. With
respect to any Escrow Funds received by Escrow Agent after ten o’clock, a.m., Pacific Time, Escrow Agent shall not be required to invest such funds or to effect any investment instruction until the next day upon which banks in San Francisco, CA
are open for business. Notwithstanding any powers granted to Escrow Agent pursuant to this Escrow Agreement or to applicable law, Escrow Agent shall not have any power that could give the Escrow or Escrow Funds the objective of carrying on a
business and dividing the gains therefrom, within the meaning of section 301.7701-2 of the Procedure and Administrative Regulations promulgated pursuant to the Internal Revenue Code of 1986, as amended. 
 7. Resignation of Escrow Agent. Escrow Agent may resign and be discharged from the performance of its duties hereunder at any time by giving ten
(10) days prior written notice to the Company and the Officer specifying a date when such resignation shall take effect. Upon any such notice of resignation, a Company Representative and the Officer jointly shall appoint a successor Escrow
Agent hereunder prior to the effective date of such resignation. The retiring Escrow Agent shall transmit all records pertaining to the Escrow Funds and shall pay all Escrow Funds to the successor Escrow Agent, after making copies of such records as
the retiring Escrow Agent deems advisable and after deduction and payment to the retiring Escrow Agent of all fees and expenses (including court costs and attorneys’ fees) payable to, incurred by, or expected to be incurred by the retiring
Escrow Agent in connection with the performance of its duties and the exercise of its rights hereunder. After any retiring Escrow Agent’s resignation, the provisions of this Escrow Agreement shall inure to its benefit as to any actions taken or
omitted to be taken by it while it was Escrow Agent under this Escrow Agreement. Any corporation or association into which the Escrow Agent may be merged or converted or with which it may be consolidated, or any corporation or association to which
all or substantially all of the escrow business of the Escrow Agent’s corporate trust line of business may be transferred, shall be the Escrow Agent under this Escrow Agreement without further act. 
 8. Liability of Escrow Agent. The Escrow Agent undertakes to perform only such duties as are expressly set forth herein and no duties shall be
implied. The Escrow Agent shall have no liability under and no duty to inquire as to the provisions of any agreement other than this Escrow Agreement. The Escrow Agent shall not be liable for any act which the Escrow Agent may 

  

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do or omit to do hereunder, or for any mistake of fact or law, or for any error of judgment, or for the misconduct of any employee, agent or attorney
appointed by it, while acting in good faith, unless caused by or arising from its own gross negligence or willful misconduct. Escrow Agent’s sole responsibility shall be for the safekeeping and disbursement of the Escrow Funds in accordance
with the terms of this Escrow Agreement. Escrow Agent shall have no implied duties or obligations and shall not be charged with knowledge or notice of any fact or circumstance not specifically set forth herein. Escrow Agent may rely upon any notice,
instruction, request or other instrument, not only as to its due execution, validity and effectiveness, but also as to the truth and accuracy of any information contained therein, which Escrow Agent shall believe to be genuine and to have been
signed or presented by the person or parties purporting to sign the same. In no event shall Escrow Agent be liable for incidental, indirect, special, consequential or punitive damages (including, but not limited to lost profits), even if the Escrow
Agent has been advised of the likelihood of such loss or damage and regardless of the form of action. Escrow Agent shall not be obligated to take any legal action or commence any proceeding in connection with the Escrow Funds, any account in which
Escrow Funds are deposited, this Escrow Agreement or the Employment Agreement, or to appear in, prosecute or defend any such legal action or proceeding. Escrow Agent may consult legal counsel selected by it in the event of any dispute or question as
to the construction of any of the provisions hereof or of any other agreement or of its duties hereunder, or relating to any dispute involving any party hereto, and shall incur no liability and shall be fully indemnified from any liability
whatsoever in acting in accordance with the opinion or instruction of such counsel. The Company shall be solely responsible for and shall promptly pay, upon demand, the reasonable fees and expenses of any such counsel. The Officer shall not be
responsible for any such payments. 
 The Escrow Agent is authorized, in its sole discretion, to comply with orders issued or process entered
by any court with respect to the Escrow Funds, without determination by the Escrow Agent of such court’s jurisdiction in the matter. If any portion of the Escrow Funds is at any time attached, garnished or levied upon under any court order, or
in case the payment, assignment, transfer, conveyance or delivery of any such property shall be stayed or enjoined by any court order, or in case any order, judgment or decree shall be made or entered by any court affecting such property or any part
thereof, then and in any such event, the Escrow Agent is authorized, in its sole discretion, to rely upon and comply with any such order, writ, judgment or decree which it is advised by legal counsel selected by it is binding upon it without the
need for appeal or other action; and if the Escrow Agent complies with any such order, writ, judgment or decree, it shall not be liable to any of the parties hereto or to any other person or entity by reason of such compliance even though such
order, writ, judgment or decree may be subsequently reversed, modified, annulled, set aside or vacated. 
 9. Indemnification of Escrow
Agent. From and at all times after the date of this Escrow Agreement, the Company, solely and without contribution from the Officer, shall, to the fullest extent permitted by law, defend, indemnify and hold harmless Escrow Agent and each
director, officer, employee, attorney, agent and affiliate of Escrow Agent (collectively, the “Indemnified Parties”) against any and all actions, claims (whether or not valid), losses, damages, 

  

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liabilities, costs and expenses of any kind or nature whatsoever (including without limitation reasonable attorneys’ fees, costs and expenses) incurred
by or asserted against any of the Indemnified Parties from and after the date hereof, whether direct, indirect or consequential, as a result of or arising from or in any way relating to any claim, demand, suit, action or proceeding (including any
inquiry or investigation) by any person, including without limitation the Company or the Officer, whether threatened or initiated, asserting a claim for any legal or equitable remedy against any person under any statute or regulation, including, but
not limited to, any federal or state securities laws, or under any common law or equitable cause or otherwise, arising from or in connection with the negotiation, preparation, execution, performance or failure of performance of this Escrow Agreement
or any transactions contemplated herein, whether or not any such Indemnified Party is a party to any such action, proceeding, suit or the target of any such inquiry or investigation; provided, however, that no Indemnified Party shall have the
right to be indemnified hereunder for any liability finally determined by a court of competent jurisdiction, subject to no further appeal, to have resulted solely from the gross negligence or willful misconduct of such Indemnified Party. Each
Indemnified Party shall, in its sole discretion, have the right to select and employ separate counsel with respect to any action or claim brought or asserted against it, and the reasonable fees of such counsel shall be paid upon demand by the
Company. The obligations of the Company under this Section 9 shall survive any termination of this Escrow Agreement and the resignation or removal of Escrow Agent. The Officer shall not be responsible for any payments under this
Section 9. 
 The parties agree that neither the payment by the Company of any claim by Escrow Agent for indemnification
hereunder nor the disbursement of any amounts to Escrow Agent from the Escrow Funds in respect of a claim by Escrow Agent for indemnification shall impair, limit, modify, or affect, as between the Company and the Officer, the respective rights and
obligations of the Company, on the one hand, and the Officer, on the other hand, under the Employment Agreement. 
 10. Fees and Expenses
of Escrow Agent. The Company shall, without contribution by the Officer, compensate Escrow Agent for its services hereunder in accordance with Schedule A attached hereto and, in addition, shall reimburse Escrow Agent for all of its
reasonable out-of-pocket expenses, including attorneys’ fees, travel expenses, telephone and facsimile transmission costs, postage (including express mail and overnight delivery charges), copying charges and the like. The additional provisions
and information set forth on Schedule A are hereby incorporated by this reference, and form a part of this Escrow Agreement. All of the compensation and reimbursement obligations set forth in this Section 10 shall be payable
solely by the Company upon demand by Escrow Agent. The obligations of the Company under this Section 10 shall survive any termination of this Escrow Agreement and the resignation or removal of Escrow Agent. Escrow Agent is authorized to,
and may, disburse to itself from the Escrow Funds, from time to time, the amount of any compensation and reimbursement of out-of-pocket expenses due and payable hereunder (including any amount to which Escrow Agent or any Indemnified Party is
entitled to seek indemnification pursuant to Section 9 hereof). Escrow Agent shall notify the Company Representatives and the Officer of any disbursement from the Escrow Funds to itself or any Indemnified Party in respect of any
compensation or reimbursement hereunder and shall furnish to 

  

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the Company Representatives and the Officer copies of all related invoices and other statements. The Officer, the Company and the Representatives hereby
grant to Escrow Agent and the Indemnified Parties a security interest in and lien upon the Escrow Funds to secure all obligations with respect to the right to offset the amount of any compensation or reimbursement due any of them hereunder
(including any claim for indemnification pursuant to Section 9 hereof) against the Escrow Funds. If for any reason funds in the Escrow Funds are insufficient to cover such compensation and reimbursement, the Company shall promptly pay
such amounts to Escrow Agent or any Indemnified Party upon receipt of an itemized invoice. 
 11. Representations and Warranties. The
Company makes the following representations and warranties to Escrow Agent: 
 (i) It is duly organized, validly existing, and
in good standing under the laws of the state of its incorporation or organization, and has full power and authority to execute and deliver this Escrow Agreement and to perform its obligations hereunder. 
 (ii) This Escrow Agreement has been duly approved by all necessary action, including any necessary shareholder or membership approval, has
been executed by its duly authorized officers, and constitutes its valid and binding agreement enforceable in accordance with its terms. 
 (iii) The execution, delivery, and performance of this Escrow Agreement is in accordance with the Employment Agreement and will not violate, conflict with, or cause a default under its articles of incorporation,
articles of organization, bylaws, management agreement or other organizational document, as applicable, any applicable law or regulation, any court order or administrative ruling or decree to which it is a party or any of its property is subject, or
any agreement, contract, indenture, or other binding arrangement, including without limitation the Employment Agreement, to which it is a party or any of its property is subject. 
 (iv) The applicable persons designated on Schedule A hereto have been duly appointed to act as its representatives hereunder and
have full power and authority to execute and deliver any Joint Written Direction, to amend, modify or waive any provision of this Escrow Agreement and to take any and all other actions as the Representatives under this Escrow Agreement, all without
further consent or direction from, or notice to, it or any other party. 
 (v) No party other than the parties hereto has, or
shall have, any lien, claim or security interest in the Escrow Funds or any part thereof. No financing statement under the Uniform Commercial Code is on file in any jurisdiction claiming a security interest in or describing (whether specifically or
generally) the Escrow Funds or any part thereof. 
  

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 (vi) The Company represents and warranties that the Escrow Agent may act, pursuant to
Section 4 hereof, solely upon a duly executed Officer’s Certificate. The Escrow Agent does not need to receive a written instruction from the Company to act under Section 4 hereof, if it has received a duly executed
Officer’s Certificate. 
 (vii) All of its representations and warranties contained herein are true and complete as of
the date hereof and will be true and complete at the time of any disbursement of the Escrow Funds. 
 12. Insolvency of the Company.
Escrow Agent shall not pay the Escrow Funds to the Officer if the Company is Insolvent. The Board of Directors and the Chief Executive Officer of the Company shall have the duty to inform Escrow Agent in writing of the Company’s Insolvency. If
a person claiming to be a creditor of the Company alleges in writing to Escrow Agent that the Company has become Insolvent, Escrow Agent shall determine whether the Company is Insolvent and, pending such determination, Escrow Agent shall not make
any payments under Section 4 hereof. If at any time Escrow Agent has determined that the Company is Insolvent, Escrow Agent shall hold the Escrow Funds for the benefit of the Company’s general creditors. Nothing in this Escrow
Agreement shall in any way diminish any rights of the Officer to pursue his rights as a general creditor of the Company with respect to benefits due pursuant to this Escrow Agreement, the Employment Agreement or otherwise. 
 13. Identifying Information. The Company and the Officer acknowledge that a portion of the identifying information set forth on Schedule A
is being requested by the Escrow Agent in connection with the USA Patriot Act, Pub.L.107-56 (the “Act”), and the Company and the Officer agree to provide any additional information requested by the Escrow Agent in connection with the Act
or any similar legislation or regulation to which Escrow Agent is subject, in a timely manner. The Company and the Officer each represent that all identifying information set forth on Schedule A, including without limitation, its Taxpayer
Identification Number assigned by the Internal Revenue Service or any other taxing authority, is true and complete on the date hereof and will be true and complete at the time of any disbursement of the Escrow Funds. 
 14. Consent to Jurisdiction and Venue. In the event that any party hereto commences a lawsuit or other proceeding relating to or arising from this
Escrow Agreement, the parties hereto agree that the United States District Court for the Northern District of California shall have the sole and exclusive jurisdiction over any such proceeding. If such court lacks federal subject matter
jurisdiction, the parties agree that a superior court in San Francisco County, California shall have sole and exclusive jurisdiction. Any of these courts shall be proper venue for any such lawsuit or judicial proceeding and the parties hereto waive
any objection to such venue. The parties hereto consent to and agree to submit to the jurisdiction of any of the courts specified herein and agree to accept service of process to vest personal jurisdiction over them in any of these courts.

  

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 15. Notice. All notices, approvals, consents, requests, and other communications hereunder shall
be in writing and shall be deemed to have been given when the writing is delivered if given or delivered by hand, overnight delivery service or facsimile transmitter (with confirmed receipt) to the address or facsimile number set forth on
Schedule A hereto, or to such other address as each party may designate for itself by like notice, and shall be deemed to have been given on the date deposited in the mail, if mailed, by first-class, registered or certified mail, postage
prepaid, addressed as set forth on Schedule A hereto, or to such other address as each party may designate for itself by like notice. 
 16. Amendment or Waiver. This Escrow Agreement may be changed, waived, discharged or terminated only by a writing signed by a Company Representative, the Officer and Escrow Agent. No delay or omission by any party in exercising any
right with respect hereto shall operate as a waiver. A waiver on any one occasion shall not be construed as a bar to, or waiver of, any right or remedy on any future occasion. 
 17. Severability. To the extent any provision of this Escrow Agreement is prohibited by or invalid under applicable law, such provision shall be
ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Escrow Agreement. 
 18. Governing Law. This Escrow Agreement shall be construed and interpreted in accordance with the internal laws of the State of California without giving effect to the conflict of laws principles thereof.

 19. Entire Agreement. This Escrow Agreement constitutes the entire agreement between the parties relating to the holding,
investment and disbursement of the Escrow Funds and sets forth in their entirety the obligations and duties of Escrow Agent with respect to the Escrow Funds. 
 20. Binding Effect. All of the terms of this Escrow Agreement, as amended from time to time, shall be binding upon, inure to the benefit of and be enforceable by the respective successors and assigns of the
Company, the Officer and Escrow Agent. Escrow Funds payable to the Officer under the terms of this Escrow Agreement may not be anticipated, assigned (either at law or in equity), alienated, pledged, encumbered or subject to attachment, garnishment,
levy, execution or other legal or equitable process. 
 21. Execution in Counterparts. This Escrow Agreement and any Joint Written
Direction may be executed in two or more counterparts, which when so executed shall constitute one and the same agreement or direction. 
 22. Termination. Upon the first to occur of the termination of the Escrow Period, the disbursement of all amounts in the Escrow Funds pursuant an Officer Certificate or the 

  

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disbursement of all amounts in the Escrow Funds into court pursuant to Section 5 or Section 8 hereof, this Escrow Agreement shall
terminate and Escrow Agent shall have no further obligation or liability whatsoever with respect to this Escrow Agreement or the Escrow Funds. 
 23. Dealings. The Escrow Agent and any stockholder, director, officer or employee of the Escrow Agent may buy, sell, and deal in any of the securities of the Company and become pecuniarily interested in any transaction in which the
Company or the Officer may be interested, and contract and lend money to the Company or the Officer and otherwise act as fully and freely as though it were not Escrow Agent under this Agreement. Nothing herein shall preclude the Escrow Agent from
acting in any other capacity for the Company or the Officer or for any other entity. 
 IN WITNESS WHEREOF, the parties hereto have
caused this Escrow Agreement to be executed under seal as of the date first above written. 
  

			
	PEAK INTERNATIONAL LIMITED
		
	By:	 	/s/ John Supan
		
	Title:	 	CFO
	
	OFFICER
	
	/s/ Mary Chow
	Mary Chow
	
	 Wykowski & Associates
 as
Escrow Agent

		
	By:	 	 
		
	Title:	 	 

  

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 SCHEDULE A 
  

	1.	Escrow Funds. 

  

					
	 Escrow Funds amount:
	  	 $ 35,556

  

	2.	Escrow Agent Fees. 

  

				
	 Acceptance Fee:
	  	$	 1000
	 Annual Escrow Fee:
	  	$	 500
	 Out-of-Pocket Expenses:
	  	$	 
	 [Transactional Costs]:
	  	$	 
	 Deposit for potential fee/costs
	  	$	15,000

 The Acceptance Fee and the Annual Escrow Fee are payable upon execution of the escrow documents.
In the event the escrow is not funded, the Acceptance Fee and all related expenses, including attorneys’ fees, remain due and payable, and if paid, will not be refunded. Annual fees cover a full year in advance, or any part thereof, and thus
are not pro-rated in the year of termination. 
 The fees quoted in this schedule apply to services ordinarily rendered in the administration
of an Escrow Account and are subject to reasonable adjustment based on final review of documents, or when the Escrow Agent is called upon to undertake unusual duties or responsibilities, or as changes in law, procedures, or the cost of doing
business demand. Services in addition to and not contemplated in this Agreement, including, but not limited to, document amendments and revisions, non-standard cash and/or investment transactions, calculations, notices and reports, and legal fees,
will be billed as extraordinary expenses. 
 Unless otherwise indicated, the above fees relate to the establishment of one escrow account.
Additional sub-accounts governed by the same Escrow Agreement may incur an additional charge. Transaction costs include charges for wire transfers, checks, internal transfers and securities transactions. 
  

	3.	Taxpayer Identification Numbers. 

 The
Company:_____________________________ 
 Officer:        ______________________________ 

 

	4.	Termination and Disbursement. Unless earlier terminated by the provisions of the Escrow Agreement, the Escrow Period will terminate on April 15, 2008. Any Escrow Funds
remaining on such date shall be distributed 100% to the Company in accordance with Section 4 of the Escrow Agreement. 

  

	5.	Investment Instructions. 

 Escrowed funds will be
deposited in a money market fund with a major financial institution such as Charles Schwab & Co. All interest on, and fees and costs associated with, the Escrow shall be borne or credited to the Company. 

	6.	Representatives. 

 The following person is hereby
designated and appointed as Company Representative under the Escrow Agreement: 
  

					
	   John Supan
	  	  	  	  
	   Name
	  	Specimen signature	  	

  

	7.	Representative Information. The following information should be provided to Escrow Agent separately by each Representative and any future Representative:

  

							
		  	1.	  	Date of Birth	  	
				
		  	2.	  	Address	  	
				
		  	3.	  	Mailing Address, if different	  	
				
		  	4.	  	Social Security Number:	  	

	8.	Notice Addresses. 

  

					
		  		  	 Principal Place of Business,
 if
different

	If to the Company at:	  	 Peak International Limited
 Flat E&F, 19/F., CDW
Building
 388 Castle Peak Road
	  	                                       
                                        
  

		  	Tsuen Wan, N.T., Hong Kong	  	                                      
                                        
  
		  	ATTN: John Supan 	  	                                      
                                        
  
		  	 Facsimile: (852) 2498 5382
 Telephone:
(852) 3193 6268
 E-mail: John_Supan@peak.com.hk
	  	
			
	If to Officer at:	  	 Mary Chow
 Address:
	  	
			
		  	ATTN:                                     
                              	  	                                      
                                        
  
		  	 Facsimile:
 Telephone:
 E-mail:
	  	
			
	 If to the Escrow
 Agent at:
	  	 Wykowski & Associates
 235 Montgomery Street

 San Francisco, CA 94104
 ATTN: Henry Wykowski

Facsimile: 415 788 4546
	  	

 EXHIBIT A 
 EMPLOYMENT AGREEMENT 
 EMPLOYMENT AGREEMENT 
 between 
 PEAK INTERNATIONAL LIMITED

 and 
 MARY CHOW 

 EXHIBIT B 
 FORM OF OFFICER’S CERTIFICATE 
 Peak International Limited 
 Flat E&F, 19/F., CDW Building, 
 388 Castle Peak Road 
 Tsuen Wan, N.T., Hong Kong 
 Facsimile: (852) 2498 5382 
 Wykowski & Associates 
 235 Montgomery Street 
 San Francisco, CA 94104 
 ATTENTION: Henry Wykowski 
 Facsimile: 415 788 4546 
 Pursuant to the terms of that
certain Employment Agreement dated as of April 24, 2006 (the “Employment Agreement”) between the undersigned and Peak International Limited or a subsidiary thereof (the “Company”) and pursuant to the terms of that certain
Escrow Agreement dated as of April 16, 2007 (the “Escrow Agreement”) between the undersigned, the Company and Wykowski & Associates, (the “Escrow Agent”), the undersigned certifies that the payment obligation
contained in the Employment Agreement and in Section 4 of the Escrow Agreement has been triggered as indicated below: 
  ̈ My employment with the Company was terminated by the Company for any reason other than as a result of my death or Disability (as defined in the Employment Agreement) or for Cause (as defined in the Employment
Agreement). 
  ̈ My employment with the Company was terminated within two (2) years following a
Change in Control (as defined in the Employment Agreement), by the Company without Cause (as defined in the Employment Agreement). 
  ̈ My employment with the Company was terminated within two (2) years following a Change in Control (as defined in the Employment Agreement), by me for Good Reason (as defined in the Employment Agreement).

 I have signed and delivered to the company a duplicate original of the General Release attached hereto and made a part hereof. 

In compliance with Section 4 of the Employment Agreement, I represent and warrant that (A) no portion of the escrowed funds payable to me
constitute “parachute payments” within the meaning of Section 280G of the Internal Revenue Code, and would be subject to the excise tax imposed by Section 4999 of the Internal Revenue Code or any similar or successor provision,
or (B) the following lesser amount of the escrowed funds may be paid to me and shall not constitute 

 
“parachute payments” subject to excise tax under Section 4999 of the Internal Revenue Code
US$            , which amount has been reviewed and agreed to by the Company’s independent accountants. If no dollar amount is inserted in (B) above, then Escrow Agent shall pay
the full amount of the Escrowed funds to the Officer. If a lesser amount is inserted in (B) above, then Escrow Agent shall pay such lesser amount to the Officer. 
 Escrow Agent is hereby instructed to pay the Escrow Funds (as defined in the Escrow Agreement) to the Officer by [wire proceeds to the following account/mail a check to the following address]. 
  

					
			
	            Dated:  ________________________________	 		 	  

 GENERAL RELEASE 
 [Insert Date] 
 I, Mary Chow, hereby release Peak International Limited (the “Company”) of certain duties and obligations
and waive any rights or remedies that I may have against the Company as provided in this letter. This letter is delivered pursuant to the Employment Agreement entered into between the Company and me dated April 24, 2006 (the “Employment
Agreement”). 
 In consideration of the promises and mutual covenants contained in the Employment Agreement, and for good and valuable
consideration, the receipt and sufficiency of which is expressly acknowledged, I hereby: 
  

	 	1.	release and discharge the Company and its subsidiaries, and each of their respective past and present officers, directors, shareholders, managers, employees and agents, and their
respective successors and assigns (collectively the “Released Parties”), from any and all claims or demands, that I may have, whether past, present or future, against the Released Parties, statutory or otherwise, to the fullest extent
permissible by law; and 

  

	 	2.	waive the obligations, duties and liabilities that the Company may have, whether past, present or future, statutory or otherwise, to the fullest extent permissible by law; arising
out of or relating in any way to my employment with or termination of my employment with the Company. 

 This letter shall be governed by,
subject to and construed and enforced pursuant to the terms and conditions of the Employment Agreement. 
  

	
	
	  
	SignatureDeferred Compensation Plan

 Exhibit 10.5 
 Qwest Communications International Inc. 
 Deferred Compensation Plan  
 Master Plan Document 
  
 Effective January 1, 1999, 
 Amended and Restated, effective January 1, 2005 

 Qwest Communications International Inc. 
 Deferred Compensation Plan  
 Master Plan Document 
  
 Preamble 
 1.1. Amendment and Restatement. Qwest Communications International Inc., a Delaware corporation, (hereinafter the “Company”) heretofore established the
“Qwest Communications International Inc. Deferred Compensation Plan” (the “Plan”) effective as of January 1, 1999 to provide specified benefits to a select group of management and highly compensated employees who contribute
materially to the growth, development and future business success of the Company. The Company reserved to itself the right to amend that Plan from time to time. By adoption of this amended and restated document entitled “Qwest Communications
International Inc. Deferred Compensation Plan (2005 Restatement),” the Company hereby amends and restates the Plan in its entirety as applied to all persons who are Participants as of January 1, 2005 and all persons who become Participants
after that date, to comply with the changes required by Section 409A of the Internal Revenue Code. 
 1.2. Unfunded Obligation. The obligation of
the Company to make payments under this Plan constitutes only the unsecured (but legally enforceable) promise of the Company to make such payments. The Participant shall have no lien, prior claim or other security interest in any property of the
Company. If a fund is established by the Company in connection with this Plan, the property therein shall remain the sole and exclusive property of the Company. The Company will pay the cost of this Plan out of its general assets. 
 1.3. Scope. This Plan document consists of this Preamble and two distinct and mutually exclusive Parts applicable to different benefits depending on when the
benefit was earned under this plan. These benefits are as follows. 
 1.3.1. Part A. Part A of the Plan document contains
all the provisions and rules applicable to all benefits attributable to amounts deferred and contributed that were earned or vested after December 31, 2004. No portion of Part A of the Plan document is applicable to any benefit or portion
thereof to which Part B is applicable. 
 1.3.1. Part B. Part B of the Plan document contains all the provisions and
rules applicable to all benefits attributable to amounts deferred and contributed that were earned and vested prior to January 1, 2005. No portion of Part B of the Plan document is applicable to any benefit or portion thereof to which
Part A is applicable. 
 Preamble to Plan 

 IN WITNESS WHEREOF, Qwest Communications International Inc. has caused this amended and restated
document to be adopted effective as of January 1, 2005. 
  

							
	May 11, 2006	 	QWEST COMMUNICATIONS INTERNATIONAL INC.
			
		 	By	 	 /s/ Felicity O’Herron

		 		 	Its:	 	 VP-Compensation

  

 Preamble to Plan 
 -2- 

 Qwest Communications International Inc. 
 Deferred Compensation Plan  
 Master Plan Document 
  
 PART A 
 Plan Part A 

 Qwest Communications International Inc. 
 Deferred Compensation Plan  
 Master Plan Document 
  
 Part A 
 TABLE OF CONTENTS 
  
  

							
	 	  	Page
	 PURPOSE
	  	1
		
	 ARTICLE 1 DEFINITIONS
	  	2
		
	 ARTICLE 2 SELECTION, ENROLLMENT, ELIGIBILITY
	  	2
				
		 	 2.1
	  	Selection by Committee	  	
		 	 2.2
	  	Enrollment Requirements	  	
		 	 2.3
	  	Eligibility; Commencement of Participation	  	
		
	 ARTICLE 3 DEFERRAL COMMITMENTS/COMPANY MATCHING/CREDITING/TAXES
	  	6
				
		 	 3.1
	  	Minimum Deferrals	  	
		 	 3.2
	  	Maximum Deferral	  	
		 	 3.3
	  	Election to Defer; Effect of Election Form	  	
		 	 3.4
	  	Withholding of Annual Deferral Amounts	  	
		 	 3.5
	  	Annual Company Matching Amount	  	
		 	 3.6
	  	Investment of Trust Assets	  	
		 	 3.7
	  	Vesting	  	
		 	 3.8
	  	Crediting/Debiting of Account Balances	  	
		 	 3.9
	  	FICA and Other Taxes	  	
		 	 3.10
	  	Distributions	  	
		 	 3.11
	  	Transfer of Deferred Compensation Account	  	

  

 Plan Part A 
 -i- 

							
	 ARTICLE 4 SHORT-TERM PAYOUT; UNFORESEEABLE EMERGENCIES
	  	11
				
		 	 4.1
	  	Short-Term Payout	  	
		 	 4.2
	  	Other Benefits Take Precedence Over Short-Term	  	
		 	 4.3
	  	Withdrawal Payout/Suspensions for Unforeseeable Emergencies	  	
		 	 4.4
	  	Coordination With Withdrawal Election Rules in Effect for Pre-2005 Deferrals	  	
		
	 ARTICLE 5 RETIREMENT BENEFIT
	  	12
				
		 	 5.1
	  	Retirement Benefit	  	
		 	 5.2
	  	Payment of Retirement Benefit	  	
		 	 5.3
	  	Death Prior to Completion of Retirement Benefit	  	
		
	 ARTICLE 6 PRE-RETIREMENT SURVIVOR BENEFIT
	  	13
				
		 	 6.1
	  	Pre-Retirement Survivor Benefit	  	
		 	 6.2
	  	Payment of Pre-Retirement Survivor Benefit	  	
		
	 ARTICLE 7 TERMINATION BENEFIT
	  	14
				
		 	 7.2
	  	Payment of Termination Benefit	  	
		
	 ARTICLE 8 DISABILITY BENEFIT
	  	15
		
	 ARTICLE 9 BENEFICIARY DESIGNATION
	  	15
				
		 	 9.1
	  	Beneficiary	  	
		 	 9.2
	  	Beneficiary Designation; Change	  	
		 	 9.3
	  	Acknowledgment	  	
		 	 9.4
	  	No Beneficiary Designation	  	
		 	 9.5
	  	Doubt as to Beneficiary	  	
		 	 9.6
	  	Discharge of Obligations	  	
		
	 ARTICLE 10 LEAVE OF ABSENCE
	  	16
				
		 	 10.1
	  	Paid Leave of Absence	  	
		 	 10.2
	  	Unpaid Leave of Absence	  	
		
	 ARTICLE 11 AMENDMENT, MODIFICATION AND TERMINATION
	  	16
				
		 	 11.1
	  	Amendment	  	
		 	 11.2
	  	Plan Agreement	  	
		 	 11.3
	  	Effect of Payment	  	
		 	 11.4
	  	Termination	  	

  

 Plan Part A 
 -ii- 

							
	ARTICLE 12 ADMINISTRATION	  	17
				
		 	12.1	  	No Joint Responsibilities	  	
		 	12.2	  	The Company	  	
		 	12.3	  	The Committee	  	
		 	12.4	  	Plan Design Committee	  	
		 	12.5	  	The Trustee	  	
		 	12.6	  	Allocation of Responsibilities	  	
		 	12.8	  	Agent for Process	  	
		 	12.9	  	Plan Expenses	  	
		 	12.10	  	Indemnity of Committee	  	
		 	12.11	  	Employer Information	  	
		
	ARTICLE 13 OTHER BENEFITS AND AGREEMENTS	  	20
		
	ARTICLE 14 CLAIMS PROCEDURES	  	21
				
		 	14.1	  	Claims Procedure	  	
		 		  	14.1.1 Initial Claim	  	
		 		  	14.1.2 Notice of Initial Adverse Determinations	  	
		 		  	14.1.3 Request for Review	  	
		 		  	14.1.4 Claim on Review	  	
		 		  	14.1.5 Notice of Adverse Determination for Claim on Review	  	
		 	14.2	  	Claims Procedure for Disability Claims	  	
		 		  	14.2.1 Initial Claim	  	
		 		  	14.2.2 Notice of Initial Adverse Determinations	  	
		 		  	14.2.3 Request for Review	  	
		 		  	14.2.4 Disability Claim on Review	  	
		 		  	14.2.5 Notice of Adverse Determination for Disability Claim on Review	  	
		 	14.3	  	Rules and Regulations	  	
		 		  	14.3.1 Adoption of Rules	  	
		 		  	14.3.2 Special Rules	  	
		 		  	14.3.3 Limitations and Exhaustion	  	
		
	ARTICLE 15 TRUST	  	30
				
		 	15.1	  	Establishment of the Trust	  	
		 	15.2	  	Interrelationship of the Plan and the Trust	  	
		 	15.3	  	Distributions From the Trust	  	
		
	ARTICLE 16 MISCELLANEOUS	  	30
				
		 	16.1	  	Status of Plan	  	
		 	16.2	  	Unsecured General Creditor	  	

  

 Plan Part A 
 -iii- 

							
		 	16.3	  	Employer’s Liability	  	
		 	16.4	  	Nonassignability	  	
		 	16.5	  	Not a Contract of Employment	  	
		 	16.6	  	Furnishing Information	  	
		 	16.7	  	Terms	  	
		 	16.8	  	Captions	  	
		 	16.9	  	Governing Law	  	
		 	16.10	  	Successors	  	
		 	16.11	  	Spouse’s Interest	  	
		 	16.12	  	Validity	  	
		 	16.13	  	Incompetent	  	
		 	16.14	  	Court Order	  	
		 	16.15	  	Distribution in the Event of Taxation	  	
		 	16.16	  	Insurance	  	

  

 Plan Part A 
 -iv- 

 Qwest Communications International Inc. 
 Deferred Compensation Plan  
 Master Plan Document 
  
 PURPOSE 
 The purpose of this Plan is to provide specified benefits to a select group of management and highly compensated Employees who contribute materially to the continued
growth, development and future business success of Qwest Communications International Inc., a Delaware corporation, and its subsidiaries, if any, that sponsor this Plan. This Plan shall be unfunded for tax purposes and for purposes of Title I
of ERISA and shall be construed and administered on a basis consistent with the requirements of Code Section 409A. 
 ARTICLE 1

 DEFINITIONS 
 For purposes of this
Plan, unless otherwise clearly apparent from the context, the following phrases or terms shall have the following indicated meanings: 
 1.1 “Account
Balance” shall mean, with respect to a Participant, a credit on the records of the Employer equal to the sum of (i) the Deferral Account balance, and (ii) the vested Company Matching Account balance. Any deferred compensation
account transferred to and assumed by this Plan pursuant to Section 3.11 shall form a part of the Participant’s Account Balance. The Account Balance, and each other specified account balance, shall be a bookkeeping entry only and shall be
utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan. 
 1.2 “Annual Company Matching Amount” for any one Plan Year shall be the amount determined in accordance with Section 3.5. 
 1.3 “Annual Deferral Amount” shall mean that portion of a Participant’s Base Annual Salary, Bonus and Commissions that a Participant elects to have, and is, deferred in accordance with
Article 3, for any one Plan Year, together with any other amount of compensation that a Participant is permitted to defer by the Committee (“Other Compensation”). In the event of a Participant’s Retirement, Disability (if
deferrals cease in accordance with Section 8), death or a Termination of Employment prior to the end of a Plan Year, such year’s Annual Deferral Amount shall be the actual amount withheld prior to such event. 
 Plan Part A 

 1.4 “Annual Installment Method” shall be an annual installment payment over the number of years selected
by the Participant in accordance with this Plan, calculated as follows: The Account Balance of the Participant shall be calculated as of the close of business on the last business day of the year. The annual installment shall be calculated by
multiplying this balance by a fraction, the numerator of which is one, and the denominator of which is the remaining number of annual payments due the Participant. By way of example, if the Participant elects a 10 year Annual Installment Method, the
first payment shall be 1/10 of the Account Balance, calculated as described in this definition. The following year, the payment shall be 1/9 of the Account Balance, calculated as described in this definition. Each annual installment shall be paid on
or as soon as practicable after the last business day of the applicable year. 
 1.5 “Base Annual Salary” shall mean the annual cash
compensation relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, excluding bonuses, commissions, overtime, fringe benefits, stock
options, relocation expenses, incentive payments, non-monetary awards, automobile and other allowances paid to a Participant for employment services rendered (whether or not such allowances are included in the Employee’s gross income). Base
Annual Salary shall be calculated before reduction for compensation voluntarily deferred or contributed by the Participant pursuant to all qualified or non-qualified plans of any Employer and shall be calculated to include amounts not otherwise
included in the Participant’s gross income under Code Sections 125, 402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; provided, however, that all such amounts will be included in compensation only to the extent
that, had there been no such plan, the amount would have been payable in cash to the Employee. 
 1.6 “Beneficiary” shall mean one or more
persons, trusts, estates or other entities, designated in accordance with Article 9, that are entitled to receive benefits under this Plan upon the death of a Participant. 
 1.7 “Beneficiary Designation Form” shall mean the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to designate one or more
Beneficiaries. 
 1.8 “Bonus” shall mean any compensation, in addition to Base Annual Salary relating to services performed during any
calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, payable to a Participant as an Employee under any Employer’s bonus and cash incentive plans, excluding stock
options, any bonus for reaching a sales quota or target, any bonus received under the employee referral program, special one-time bonuses for completing projects, “on the spot” rewards, and any other items as determined by the Committee
and communicated to those selected for participation in the Plan. 
 1.9 “Code” shall mean the Internal Revenue Code of 1986, as it may be
amended from time to time. 
  

 Plan Part A 
 -2- 

 1.10 “Commissions” shall mean any compensation based on a percentage of sales and shall exclude Base
Annual Salary and Bonus. 
 1.11 “Committee” shall mean the committee described in Article 12. 
 1.12 “Company” shall mean Qwest Communications International Inc., a Delaware corporation, and any successor to all or substantially all of the
Company’s assets or business. 
 1.13 “Company Matching Account” shall mean (i) the sum of all of a Participant’s Annual
Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant’s Company Matching Account, less (iii) all distributions made to the
Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Matching Account. 
 1.14 “Deferral
Account” shall mean (i) the sum of all of a Participant’s Annual Deferral Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant’s
Deferral Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to his or her Deferral Account. 
 1.15 “Disability” shall mean the Participant (i) is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be
expected to result in death or can be expected to last for a continuous period of not less than 12 months, or (ii) is, by reason of any medically determinable physical or mental impairment which can be expected to last for a continuous period
of not less than 12 months, receiving income replacement benefits for a period of not less than 3 months under an accident and health plan covering employees of the Employer. 
 1.16 “Disability Benefit” shall mean the benefit set forth in Article 8. 
 1.17 “Election
Form” shall mean the form established from time to time by the Committee or its designated agent that a Participant completes, signs and returns to the Committee or its designated agent to make an election under the Plan. 
 1.18 “Employee” shall mean a person who is an employee of any Employer. 
 1.19 “Employer(s)” shall mean the Company and/or any of its subsidiaries or related entities (now in existence or hereafter formed or acquired). 
 1.20 “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as it may be amended from time to time. 
 1.21 “First Plan Year” shall mean the period beginning January 1, 1999 and ending December 31, 1999. 
  

 Plan Part A 
 -3- 

 1.22 “401(k) Plan” shall be that certain Qwest Savings and Investment Plan. 
 1.23 “Participant” shall mean any Employee (i) who is selected to participate in the Plan, (ii) who elects to participate in the Plan,
(iii) who signs a Plan Agreement, an Election Form and a Beneficiary Designation Form, (iv) whose signed Plan Agreement, Election Form and Beneficiary Designation Form are accepted by the Committee, (v) who commences participation in
the Plan, and (vi) whose Plan Agreement has not terminated. A spouse or former spouse of a Participant shall not be treated as a Participant in the Plan or have an account balance under the Plan, even if he or she has an interest in the
Participant’s benefits under the Plan as a result of applicable law or property settlements resulting from legal separation or divorce. 
 1.24
“Plan” shall mean the Company’s Deferred Compensation Plan, which shall be evidenced by this instrument and by each Plan Agreement, as they may be amended from time to time. 
 1.25 “Plan Agreement” shall mean a written agreement, as may be amended from time to time, which is entered into by and between an Employer and a
Participant. Each Plan Agreement executed by a Participant and the Participant’s Employer shall provide for the entire benefit to which such Participant is entitled under the Plan; should there be more than one Plan Agreement, the Plan
Agreement bearing the latest date of acceptance by the Employer shall supersede all previous Plan Agreements in their entirety and shall govern such entitlement. The terms of any Plan Agreement may be different for any Participant, and any Plan
Agreement may provide additional benefits not set forth in the Plan or limit the benefits otherwise provided under the Plan; provided, however, that any such additional benefits or benefit limitations must be agreed to by both the Employer and the
Participant. 
 1.26 “Pre-Retirement Survivor Benefit” shall mean the benefit set forth in Article 6. 
 1.27 “QAM” shall mean Qwest Asset Management Company. 
 1.28 “Retirement”, “Retire(s)” or “Retired” shall mean that, at the time of the Employee’s termination of employment, the Employee has one of the following age and service
combinations: 
  

 Plan Part A 
 -4- 

					
	 Retirement Age
	 	 Term of Employment
	 	 
	Any Age	 	at least 30 years	 	
			
	50-54	 	at least 25 years	 	
			
	55-59	 	at least 20 years	 	
			
	60-64	 	at least 15 years	 	
			
	65 and older	 	at least 10 years	 	

 A Retirement shall not occur unless and until there has been a separation from service as that term is defined in
Code Section 409A. 
 1.29 “Retirement Benefit” shall mean the benefit set forth in Article 5. 
 1.30 “Short-Term Payout” shall mean the payout set forth in Section 4.1. 
 1.31 “Termination Benefit” shall mean the benefit set forth in Article 7. 
 1.32 “Termination
of Employment” shall mean the severing of employment with all Employers voluntarily or involuntarily, for any reason other than Retirement, Disability, death or an authorized leave of absence. A Termination of Employment shall not occur
unless and until there has been a separation from service as that term is defined in Code Section 409A. 
 1.33 “Trust” shall mean one
or more trusts established pursuant to that certain Master Trust Agreement, dated as of January 1, 1999 between the Company and the trustee named therein, as amended from time to time. 
 1.34 “Unforeseeable Emergency” shall mean an unanticipated emergency that is caused by an event beyond the control of the Participant that would result
in severe financial hardship to the Participant resulting from (i) an illness or accident of the Participant or a dependent (as defined in Code Section 152(a)) of the Participant, (ii) a loss of the Participant’s property due to
casualty, or (iii) such other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant. 
 ARTICLE 2 
 SELECTION, ENROLLMENT, ELIGIBILITY 
 2.1 Selection by Committee. Participation in the Plan shall be limited to a select group of management and highly compensated Employees of the Employers, as
determined by the Committee in its sole discretion. From that group, the Committee shall select, in its sole discretion, Employees to participate in the Plan. 
  

 Plan Part A 
 -5- 

 2.2 Enrollment Requirements. As a condition to participation, each selected Employee shall complete, execute and
return to the Committee a Plan Agreement, an Election Form and a Beneficiary Designation Form, all within 30 days after he or she is selected to participate in the Plan. In addition, the Committee shall establish from time to time such other
enrollment requirements as it determines in its sole discretion are necessary. 
 2.3 Eligibility; Commencement of Participation. Provided an Employee
selected to participate in the Plan has met all enrollment requirements set forth in this Plan and required by the Committee, including returning all required documents to the Committee within the specified time period, that Employee shall commence
participation in the Plan on the first day of the next Plan Year, unless the Committee, in its sole discretion, permits a mid-Plan Year enrollment. Such mid-year enrollment shall be effective only if such enrollment occurs no later than 30 days
following an Employee’s selection for participation in the Plan. If an Employee fails to meet all such requirements within the period required, in accordance with Section 2.2, that Employee shall not be eligible to participate in the Plan
until the first day of the Plan Year following the delivery to and acceptance by the Committee of the required documents. 
 ARTICLE 3

 DEFERRAL COMMITMENTS/COMPANY 
 MATCHING/CREDITING/TAXES 
 3.1 Minimum Deferrals. There is no minimum deferral amount. 
 3.2 Maximum Deferral. For each Plan Year, a Participant may elect to defer an amount permitted by the Committee up to a maximum of up to 85% each of his or her
Base Annual Salary, Bonus and Commissions. Notwithstanding the foregoing, if a Participant first becomes a Participant after the first day of a Plan Year, the maximum Annual Deferral Amount, with respect to Base Annual Salary, Bonus and Other
Compensation shall be limited to the amount of compensation not yet earned by the Participant as of the date the Participant submits a Plan Agreement and Election Form to the Committee for acceptance. 
 3.3 Election to Defer; Effect of Election Form. 
  

	 	(a)	 First Plan Year. In connection with a Participant’s commencement of participation in the Plan, the Participant shall make an irrevocable deferral
election for the Plan Year in which the Participant commences participation in the Plan, along with such other elections as the Committee or its designated agent deems necessary or desirable under the Plan. For 

  

 Plan Part A 
 -6- 

	 	 
these elections to be valid, the Election Form must be completed and signed by the Participant, timely delivered to the Committee or its designated agent (in
accordance with Section 2.2 above) and accepted by the Committee. 

  

	 	(b)	Subsequent Plan Years. For each succeeding Plan Year, an irrevocable deferral election for that Plan Year, and such other elections as the Committee or its designated agent
deems necessary or desirable under the Plan, shall be made by timely delivering to the Committee or its designated agent, in accordance with its rules and procedures, before the end of the Plan Year preceding the Plan Year for which the election is
made, a new Election Form. If no such Election Form is timely delivered for a Plan Year, the Annual Deferral Amount shall be zero for that Plan Year. 

 3.4 Withholding of Annual Deferral Amounts. For each Plan Year, the Base Annual Salary portion of the Annual Deferral Amount shall be withheld from each regularly scheduled Base Annual Salary payroll in equal amounts, as adjusted
from time to time for increases and decreases in Base Annual Salary. The Bonus, and/or Other Compensation portion of the Annual Deferral Amount shall be withheld at the time the Bonus, or Other Compensation, are or otherwise would be paid to the
Participant, whether or not this occurs during the Plan Year itself. 
 3.5 Annual Company Matching Amount. For each Plan Year, the Company shall make
a matching contribution to each Participant’s Company Matching Account using: (a) the sum of the Participant’s total deferrals to this Plan for the Plan Year and his deferrals to the 401(k) Plan for the Plan Year of the 401(k) Plan
that ends with or within such Plan Year; multiplied by (b) the matching contribution formula set forth in the 401(k) Plan for the Plan Year of the 401(k) Plan that ends with or within such Plan Year (without regard to the 401(k) Plan’s
limits on pre-tax deferrals or includable compensation); and then reduced by (c) the amount of actual Company matching contributions to the 401(k) Plan for such Plan Year. If a Participant is not employed by an Employer as of the last day of a
Plan Year other than by reason of his or her Retirement or death, the Annual Company Matching Amount for such Plan Year shall be zero (0). The foregoing sentence shall not apply to grand fathered former participants in the US WEST Deferred
Compensation Plan. In the event of Retirement or death, a Participant shall be credited with the Annual Company Matching Amount for the Plan Year in which he or she Retires or dies. 
 3.6 Investment of Trust Assets. The Trustee of the Trust shall be authorized, upon written instructions received from QAM or an investment manager appointed by the QAM, to invest and reinvest the assets of the
Trust in accordance with the applicable Trust Agreement, including the disposition of stock and reinvestment of the proceeds in one or more investment vehicles designated by QAM. 
  

 Plan Part A 
 -7- 

 3.7 Vesting. A Participant shall at all times be 100% vested in his or her Deferral Account and his or her Company
Matching Account. 
 3.8 Crediting/Debiting of Account Balances. In accordance with, and subject to, the rules and procedures that are established
from time to time by the Committee, in its sole discretion, amounts shall be credited or debited to a Participant’s Account Balance in accordance with the following rules: 
  

	 	(a)	Election of Measurement Funds. A Participant, in connection with his or her initial deferral election in accordance with Section 3.3(a) above, shall elect, on the
Election Form, one or more Measurement Fund(s) (as described in Section 3.8(c) below) to be used to determine the additional amounts to be credited to his or her Account Balance for the first calendar quarter or portion thereof in which the
Participant commences participation in the Plan and continuing thereafter for each subsequent calendar quarter in which the Participant participates in the Plan, unless changed in accordance with the next sentence. Commencing with the first calendar
quarter that follows the Participant’s commencement of participation in the Plan and continuing thereafter for each subsequent calendar quarter in which the Participant participates in the Plan, no later than the next to last business day of
the calendar quarter, the Participant may (but is not required to) elect, by submitting an Election Form to the Committee or its designated agent that is accepted by the Committee, to add or delete one or more Measurement Fund(s) to be used to
determine the additional amounts to be credited to his or her Account Balance, or to change the portion of his or her Account Balance allocated to each previously or newly elected Measurement Fund. If an election is made in accordance with the
previous sentence, it shall apply to the next business day following the Committee’s acceptance of the revised election and continue thereafter for each subsequent calendar quarter in which the Participant participates in the Plan, unless
changed in accordance with the previous sentence. Notwithstanding the foregoing, the Committee may permit Participants to change the portions of their Account Balance allocated to Measurement Funds more frequently than quarterly.

  

	 	(b)	Proportionate Allocation. In making any election described in Section 3.8(a) above, the Participant shall specify on the Election Form, in increments of five percentage
points (5%), the percentage of his or her Account Balance to be allocated to a Measurement Fund (as if the Participant was making an investment in that Measurement Fund with that portion of his or her Account Balance). 

  

 Plan Part A 
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	 	(c)	Measurement Funds. The Participant may elect one or more of the measurement funds selected by the Committee (the “Measurement Funds”), for the purpose of crediting
additional amounts to his or her Account Balance. As necessary, the Committee may, in its sole discretion, discontinue, substitute or add a Measurement Fund. Each such action will take effect as of the date selected by the Committee, provided the
Committee gives Participants advance written notice of such change. 

  

	 	(d)	Crediting or Debiting Method. The performance of each elected Measurement Fund (either positive or negative) will be determined by the Committee, in its reasonable
discretion, based on the performance of the Measurement Funds themselves. A Participant’s Account Balance shall be credited or debited on a daily basis based on the performance of each Measurement Fund selected by the Participant, as determined
by the Committee in its sole discretion, as though (i) a Participant’s Account Balance were invested in the Measurement Fund(s) selected by the Participant, in the percentages applicable to such calendar quarter, as of the close of
business on the first business day of such calendar quarter, at the closing price on such date; (ii) the portion of the Annual Deferral Amount that was actually deferred during any calendar quarter were invested in the Measurement Fund(s)
selected by the Participant, in the percentages applicable to such calendar quarter, no later than the close of business on the day on which such amounts are actually deferred from the Participant’s Base Annual Salary through reductions in his
or her payroll, at the closing price on such date; and (iii) any distribution made to a Participant that decreases such Participant’s Account Balance ceased being invested in the Measurement Fund(s), in the percentages applicable to such
calendar quarter, no earlier than one business day prior to the distribution, at the closing price on such date. The Participant’s Annual Company Matching Amount shall be credited to his or her Company Matching Account for purposes of this
Section 3.8(d) as of the close of business on the first business day in February of the Plan Year following the Plan Year to which it relates. Notwithstanding the foregoing, a Participant’s Account Balance shall be credited or debited in a
manner that appropriately reflects the Measurement Fund changes made by the Participant pursuant to Section 3.8(a) above. 

  

	 	(e)	 No Actual Investment. Notwithstanding any other provision of this Plan that may be interpreted to the contrary, the Measurement Funds are to be used for
measurement purposes only, and a Participant’s election of any such Measurement Fund, the allocation to his or her Account Balance thereto, the calculation of additional amounts and the crediting or debiting of such amounts to a
Participant’s Account Balance shall not be 

  

 Plan Part A 
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considered or construed in any manner as an actual investment of his or her Account Balance in any such Measurement Fund. In the event that the Company or
the Trustee (as that term is defined in the Trust), in its own discretion, decides to invest funds in any or all of the Measurement Funds, no Participant shall have any rights in or to such investments themselves. Without limiting the foregoing, a
Participant’s Account Balance shall at all times be a bookkeeping entry only and shall not represent any investment made on his or her behalf by the Company or the Trust; the Participant shall at all times remain an unsecured creditor of the
Company. 

  

	3.9	FICA and Other Taxes. 

  

	 	(a)	Annual Deferral Amounts. For each Plan Year in which an Annual Deferral Amount is being withheld from a Participant, the Participant’s Employer(s) shall withhold from
that portion of the Participant’s Base Annual Salary, Bonus and Commissions that is not being deferred, in a manner determined by the Employer(s), the Participant’s share of FICA and other employment taxes on such Annual Deferral Amount.
If necessary, the Committee may reduce the Annual Deferral Amount in order to comply with this Section 3.9. 

  

	 	(b)	Company Matching Amounts. For each Plan Year with respect to which a Participant receives an allocation of an Annual Company Matching Amount, the Participant’s
Employer(s) shall withhold from the Participant’s Base Annual Salary, Bonus and Commissions that is not being deferred, in a manner determined by the Employer(s), the Participant’s share of FICA and other employment taxes. If necessary,
the Committee may reduce the vested portion of the Participant’s Company Matching Account in order to comply with this Section 3.9. 

 3.10 Distributions. The Participant’s Employer(s), or the trustee of the Trust, shall withhold from any payments made to a Participant under this Plan all federal, state and local income, employment and other taxes required to
be withheld by the Employer(s), or the trustee of the Trust, in connection with such payments, in amounts and in a manner to be determined in the sole discretion of the Employer(s) and the trustee of the Trust. 
 3.11 Transfer of Deferred Compensation Account. The Committee may, in its sole discretion, permit the Employer(s) to establish an account balance for a
Participant under this Plan equal to a similar balance maintained for the Participant under a deferred compensation plan maintained by the Employer or a related entity, with the written consent of such Participant, in which event the account of the
Participant under such other deferred compensation plan shall be terminated. 
  

 Plan Part A 
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 ARTICLE 4 
 SHORT-TERM PAYOUT; UNFORESEEABLE EMERGENCIES 
 4.1 Short-Term Payout. In connection with each election to
defer an Annual Deferral Amount, a Participant may irrevocably elect to receive a future “Short-Term Payout” from the Plan with respect to such Annual Deferral Amount. The Short-Term Payout shall be a lump sum payment in an amount that is
equal to the Annual Deferral Amount plus amounts credited or debited in the manner provided in Section 3.8 above on that amount, determined at the time that the Short-Term Payout becomes payable (rather than the date of a Termination of
Employment). Subject to the terms and conditions of this Plan, each Short-Term Payout elected shall be paid out during a 60 day period commencing immediately after the last day of any Plan Year designated by the Participant that is at least three
Plan Years after the Plan Year in which the Annual Deferral Amount is actually deferred. By way of example, if a three year Short-Term Payout is elected for Annual Deferral Amounts that are deferred in the Plan Year commencing January 1, 1999,
the three year Short-Term Payout would become payable during a 60 day period commencing January 1, 2003. 
 4.2 Other Benefits Take Precedence Over
Short-Term. Should an event occur that triggers a benefit under Articles 5, 6, 7 or 8, any Annual Deferral Amount, plus amounts credited or debited thereon, that is subject to a Short-Term Payout election under Section 4.1 shall not be
paid in accordance with Section 4.1 but shall be paid in accordance with the other applicable Article. 
 4.3 Withdrawal Payout/Suspensions for
Unforeseeable Emergencies. If the Participant experiences an Unforeseeable Emergency, the Participant may petition the Committee to receive a partial or full payout from the Plan. The payout shall not exceed the lesser of the Participant’s
Account Balance, calculated as if such Participant were receiving a Termination Benefit, or the amount reasonably needed to satisfy the Unforeseeable Emergency plus amounts necessary to pay taxes reasonably anticipated as a result of the
distribution, after taking into account the extent to which such hardship is or may be relieved through reimbursement or compensation by insurance or otherwise or by liquidation of the participant’s assets (to the extent the liquidation of such
assets would not itself cause severe financial hardship). Any payment approved under this Section 4.3 shall be made within 60 days of the date of approval. 
 4.4 Coordination With Withdrawal Election Rules in Effect for Pre-2005 Deferrals. If the Participant elects to withdraw all of his or her pre-2005 Account Balance pursuant to the terms of Section 4.4 of Part B of this Plan,
the following rules will apply: 
  

	 	(a)	If the Participant has not elected to defer either Base Annual Salary or Bonus pay into the Plan for the year in which the withdrawal is elected, the withdrawal provisions of
Section 4.4 of Part B of this Plan shall apply. 

  

 Plan Part A 
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	 	(b)	If the Participant has elected to defer Base Annual Salary only into the Plan for the year in which the withdrawal is elected, such withdrawal provisions under Section 4.4 of
Part B of this Plan shall apply, provided however, that notwithstanding any provision in Section 4.4 of Part B of this Plan, such withdrawal distribution shall not be made prior to December 31 of the year in which the withdrawal
is elected. 

  

	 	(c)	If the Participant has not elected to defer Base Annual Salary but has elected to defer Bonus pay into the Plan for the year in which the withdrawal is elected, such withdrawal
provisions under Section 4.4 of Part B of this Plan shall apply, provided however, that notwithstanding any provision in Section 4.4 of Part B of this Plan, such withdrawal distribution shall not be made after June 30 of the
year in which the withdrawal is elected. 

  

	 	(d)	Notwithstanding any provision in Section 4.4 of Part B of this Plan, no withdrawal is permitted under Section 4.4 of Part B of this Plan during any year in which
the Participant has elected to defer both Base Annual Salary and Bonus pay into the Plan. 

 ARTICLE 5 

RETIREMENT BENEFIT 
 5.1 Retirement Benefit.
A Participant who Retires shall receive, as a Retirement Benefit, his or her Account Balance. 
 5.2 Payment of Retirement Benefit. A Participant, in
connection with his or her commencement of participation in the Plan, shall elect on an Election Form to receive the Retirement Benefit in a lump sum or pursuant to an Annual Installment Method of 5, 10 or 15 years. The Election Form most recently
accepted by the Committee shall govern the payout of the Retirement Benefit. If a Participant does not make any election with respect to the payment of the Retirement Benefit, then such benefit shall be payable in a lump sum. The lump sum payment
shall be made, or installment payments shall commence, no later than 60 days after the last day of the Plan Year in which the Participant Retires. The Participant may change his or her election to an allowable alternative payout period by submitting
a new Election Form to the Committee or its designated agent, subject to the following limitations: 
  

	 	(a)	Such new Election Form must be submitted to and accepted by the Committee at least twelve (12) months prior to the date a distribution to the Participant would otherwise have
been made or commenced; 

  

 Plan Part A 
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	 	(b)	The first distribution is delayed at least five (5) years from the original date the distribution would otherwise have been made or commenced; 

  

	 	(c)	The Election shall have no effect until at least twelve (12) months after the date on which the new election is made; 

  

	 	(d)	The Election shall not reduce the number of installment payments; and 

  

	 	(e)	Notwithstanding the foregoing, the Committee shall interpret all provisions relating to changing the distribution Election under this Section 5.2 in a manner that is consistent
with Code Section 409A and Treasury Regulations and other guidance issued thereunder. Accordingly, if the Committee determines that an Election is inconsistent with Code Section 409A and other applicable law, the Election shall not be
effective. 

 5.3 Death Prior to Completion of Retirement Benefit. If a Participant dies after Retirement but before the Retirement
Benefit is paid in full, the Participant’s unpaid Retirement Benefit payments shall continue and shall be paid to the Participant’s Beneficiary (a) over the remaining number of years and in the same amounts as that benefit would have
been paid to the Participant had the Participant survived, or (b) in a lump sum, if requested by the Beneficiary and allowed in the sole discretion of the Committee, that is equal to the Participant’s unpaid remaining Account Balance.

 ARTICLE 6 
 PRE-RETIREMENT SURVIVOR BENEFIT 
 6.1 Pre-Retirement Survivor Benefit. The Participant’s Beneficiary shall receive a
Pre-Retirement Survivor Benefit equal to the Participant’s Account Balance if the Participant dies before he or she Retires, experiences a Termination of Employment or suffers a Disability. 
 6.2 Payment of Pre-Retirement Survivor Benefit. A Participant’s Pre-Retirement Survivor Benefit shall be paid in a lump sum. Lump sum payment shall be made
no later than 60 days after the last day of the Plan Year in which the Committee is provided with proof that is satisfactory to the Committee of the Participant’s death. 
  

 Plan Part A 
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 ARTICLE 7 
 TERMINATION BENEFIT 
 7.1 Termination Benefit. The Participant shall receive a Termination Benefit, which shall be equal to the Participant’s Account
Balance if a Participant experiences a Termination of Employment prior to his or her Retirement, death or Disability. 
 7.2 Payment of Termination
Benefit. The Committee shall cause the Termination Benefit to be paid in accordance with the prior Election made by the Participant. The lump sum payment shall be made, or installment payments shall commence, no later than 60 days after the last
day of the Plan Year in which the Participant experiences the Termination of Employment. Notwithstanding the foregoing, if the Participant is a “key employee” as defined in Code Section 409A, the payment of any benefits under this
Plan shall not be made until at least six months following the Participant’s separation from service within the meaning of Code Section 409A. 
 For lump sum payments made to “non-key employee” Participants within 60 days of the last day of the month of the Participant’s Termination of Employment, the Participant’s Account Balance will be calculated as of the
close of business on the last business day of the month of his or her Termination of Employment. 
 For lump sum payments made to “non-key
employee” Participants after the 60-day period following the last day of the month of the Termination of Employment, the Account Balance payable will be calculated as of the close of business on the last business day of the month preceding the
month in which the payment is made. 
 For lump sum payments made to “key employee” Participants within 60 days following the last day of the sixth
month following the Participant’s Termination of Employment, the Participant’s Account Balance will be calculated as of the close of business on the last business day of the sixth month following his or her Termination of Employment.

 For lump sum payments made to “key-employee” Participants after the 60-day period following the last day of the sixth month following the
Termination of Employment, the Account Balance payable will be calculated as of the close of business on the last business day of the month preceding the month in which the payment is made. 
  

 Plan Part A 
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 ARTICLE 8 
 DISABILITY BENEFIT 
 A Participant suffering a Disability shall receive a Disability Benefit equal to his or her
Account Balance at the time of the Committee’s determination of the Participant’s disability. The Disability Benefit shall be paid in a lump sum within 60 days of the Committee’s determination of the Participant’s disability.

 ARTICLE 9 
 BENEFICIARY DESIGNATION 
 9.1 Beneficiary. Each Participant shall have the right, at any time, to designate his or her
Beneficiary(ies) (both primary as well as contingent) to receive any benefits payable under the Plan to a beneficiary upon the death of a Participant. The Beneficiary designated under this Plan may be the same as or different from the Beneficiary
designation under any other plan of an Employer in which the Participant participates. 
 9.2 Beneficiary Designation; Change. A Participant shall
designate his or her Beneficiary by completing and signing the Beneficiary Designation Form, and returning it to the Committee or its designated agent. A Participant shall have the right to change a Beneficiary by completing, signing and otherwise
complying with the terms of the Beneficiary Designation Form and the Committee’s rules and procedures, as in effect from time to time. Upon the acceptance by the Committee of a new Beneficiary Designation Form, all Beneficiary designations
previously filed shall be canceled. The Committee shall be entitled to rely on the last Beneficiary Designation Form filed by the Participant and accepted by the Committee prior to his or her death. 
 9.3 Acknowledgment. No designation or change in designation of a Beneficiary shall be effective until received and acknowledged in writing by the Committee or its
designated agent. 
 9.4 No Beneficiary Designation. If a Participant fails to designate a Beneficiary as provided in Sections 9.1, 9.2 and 9.3
above or, if all designated Beneficiaries predecease the Participant or die prior to complete distribution of the Participant’s benefits, then the Participant’s designated Beneficiary shall be deemed to be his or her surviving spouse. If
the Participant has no surviving spouse, the benefits remaining under the Plan to be paid to a Beneficiary shall be payable to the executor or personal representative of the Participant’s estate. 
 9.5 Doubt as to Beneficiary. If the Committee has any doubt as to the proper Beneficiary to receive payments pursuant to this Plan, the Committee shall have the
right, exercisable in its discretion, to cause the Participant’s Employer to withhold such payments until this matter is resolved to the Committee’s satisfaction. 
  

 Plan Part A 
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 9.6 Discharge of Obligations. The payment of benefits under the Plan to a Beneficiary shall fully and completely
discharge all Employers and the Committee from all further obligations under this Plan with respect to the Participant, and that Participant’s Plan Agreement shall terminate upon such full payment of benefits. 
 ARTICLE 10 
 LEAVE OF ABSENCE

 10.1 Paid Leave of Absence. If a Participant is authorized by the Participant’s Employer for any reason to take a paid leave of absence
from the employment of the Employer, the Participant shall continue to be considered employed by the Employer and the Annual Deferral Amount shall continue to be withheld during such paid leave of absence in accordance with Section 3.3.

 10.2 Unpaid Leave of Absence. If a Participant is authorized by the Participant’s Employer for any reason to take an unpaid leave of absence
from the employment of the Employer, the Participant shall continue to be considered employed by the Employer and the Participant shall be excused from making deferrals until the earlier of the date the leave of absence expires or the Participant
returns to a paid employment status. Upon such expiration or return, deferrals shall resume for the remaining portion of the Plan Year in which the expiration or return occurs, based on the deferral election, if any, made for that Plan Year. If no
election was made for that Plan Year, no deferral shall be withheld. 
 ARTICLE 11 
 AMENDMENT, MODIFICATION AND TERMINATION 
 11.1
Amendment. Any Employer may, at any time, amend or modify the Plan in whole or in part with respect to that Employer by the action of its board of directors; provided, however, that: (i) no amendment or modification shall be effective to
decrease or restrict the value of a Participant’s Account Balance in existence at the time the amendment or modification is made, calculated as if the Participant had experienced a Termination of Employment as of the effective date of the
amendment or modification or, if the amendment or modification occurs after the date upon which the Participant was eligible to Retire, the Participant had Retired as of the effective date of the amendment or modification, and (ii) no amendment
or modification of this Section 11.1 or Section 12.2 of the Plan shall be effective. The amendment or modification of the Plan shall not affect any Participant or Beneficiary who has become entitled to the payment of benefits under the
Plan as of the date of the amendment or modification. 
  

 Plan Part A 
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 11.2 Plan Agreement. Despite the provisions of Section 11.1 above, if a Participant’s Plan Agreement
contains benefits or limitations that are not in this Plan document, the Employer may only amend or terminate such provisions with the consent of the Participant. 
 11.3 Effect of Payment. The full payment of the applicable benefit under Articles 4, 5, 6, 7 or 8 of the Plan shall completely discharge all obligations to a Participant and his or her designated Beneficiaries under this Plan
and the Participant’s Plan Agreement shall terminate. 
 11.4 Termination. Although each Employer anticipates that it will continue the Plan for
an indefinite period of time, there is no guarantee that any Employer will continue the Plan or will not terminate the Plan at any time in the future. Accordingly, each Employer reserves the right to discontinue its sponsorship of the Plan and/or to
terminate the Plan at any time with respect to any or all of its participating Employees by action of its board of directors. 
 ARTICLE 12 
 ADMINISTRATION 
 12.1 No Joint Responsibilities. The Employers, the Committee, the Plan Design Committee, QAM and other persons designated in the Plan or Trust shall have only the responsibilities specifically allocated to them herein or in the Trust
or in their appointment; provided that the Company may allocate responsibility for the operation and administration of the Plan in accordance with its terms. All allocations of responsibilities under this Article 12 or otherwise under the Plan
or Trust are intended to be mutually exclusive, and there shall be no sharing of responsibilities. 
 12.2 The Company. 
  

	 	(a)	Acting in its capacity as Plan sponsor, the Company or its delegate shall be responsible for: 

  

	 	(i)	Amendment or termination of the Plan pursuant to the terms of Article 11 herein; 

  

	 	(ii)	Subject to Section 12.7(c), appointment of any third party service providers and vendors to the Plan; and 

  

	 	(iii)	Appointment and removal of the members of the Committee and the Plan Design Committee. 

  

	 	(b)	Subject to Section 12.10, the Company shall also be responsible for exercise of the Administrator’s duties in the absence of the Committee. 

  

 Plan Part A 
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 12.3 The Committee. The Company or its delegate shall appoint the Employee Benefits Committee (the
“Committee”) consisting of not less than one nor more than seven persons. The members of the Committee shall hold office at the pleasure of the Company or its delegate and shall serve without compensation. The Committee shall be
responsible for the administration of the Plan. You may contact the Committee at: 
 Employee Benefits Committee 
 1801 California Street 
 Denver, CO 80202

 12.4 Plan Design Committee. The Company or its delegate shall appoint the Plan Design Committee. The Plan Design Committee may make determinations
with respect to Plan design matters and has the authority to amend the Plan pursuant to Section 11.1. The members of the Plan Design Committee shall hold office at the pleasure of the Company or its delegate and shall serve without
compensation. 
 12.5 The Trustee. The Trustee shall be responsible for: (a) the investment of the Trust to the extent and in the manner provided
in the Trust Agreement; (b) the custody and preservation of Trust assets delivered to it; and (c) making such payments from the Trust Fund as QAM or the committee or it’s delegate shall direct. 
 12.6 Allocation of Responsibilities. 
  

	 	(a)	Except as otherwise provided in this Article 12, the Committee shall be the “Administrator” of the Plan and shall have all power and authority necessary for that
purpose, including, but not by way of limitation, the full discretion and power to interpret and construe the Plan, to make factual determinations, to determine the eligibility, status and rights of all persons under the Plan and in general to
decide any dispute. The Committee shall direct the Trustee concerning all non-investment-related distributions from the Trust, in accordance with the provisions of the Plan and the Trust Agreement, and shall have such other powers in the
administration of the Trust as may be conferred upon it by the Trust Agreement. The Committee shall maintain all Plan records except to the extent responsibility is delegated to others to maintain records of the Plan and Trust. The Committee shall
have the discretion and authority to determine conclusively for all parties all questions arising in the administration of the Plan, and any decision of the Committee shall not be subject to further review. The Committee shall also be responsible
for approving reimbursement of expenses of the Company and the Employers, other than QAM. Members of the Committee may be Participants under this Plan. Any individual serving on the Committee who is a Participant shall not vote or act on any matter
relating solely to himself or herself. When making a determination or calculation, the Committee shall be entitled to rely on information furnished by a Participant or the Company. 

  

 Plan Part A 
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	 	(b)	QAM shall be responsible for the management and investment of Trust assets. Such powers of QAM shall include, without limitation, appointing and removing trustees, investment
managers and other investment related service providers; authority to enter into trust agreements and amendments thereto, investment management agreements and other investment-related agreements; responsibility for monitoring performance of all
investment-related service providers; approving processes and policies for payment of investment-related Plan expenses and the authority to determine asset allocation ranges and general investment strategies for Trust assets. QAM shall have all
power and authority necessary for these purposes. 

  

	 	(c)	With regard to their respective functions, the Committee’s and QAM’s authority shall include the following: 

  

	 	(i)	the selection of agents to operate and administer the Plan and Trust; 

  

	 	(ii)	the selection of agents and other providers of services to the Plan; 

  

	 	(iii)	the periodic review of the performance of such agents and service providers; 

  

	 	(iv)	certifying to the Trustee the names and specimen signatures of the members of the Committee or QAM (or their delegates) acting from time to time; 

  

	 	(v)	approving expenses; and 

  

	 	(vi)	establishing compensation arrangements for agents and service providers 

 12.7 Organization of the Committees. 
  

	 	(a)	The Committee shall elect a chairman and appoint a secretary. The Committee may adopt such bylaws and rules of procedures as it deems desirable for the conduct of its affairs and
for the administration of the Plan. 

  

	 	(b)	The Plan Design Committee may adopt by-laws and rules of procedure as it deems desirable. 

  

 Plan Part A 
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	 	(c)	The Committee may appoint agents (who need not be members of the Committee) to whom it may delegate such powers as it deems appropriate. No writing is necessary to effect such
appointment. 

  

	 	(d)	Each committee may make its determinations with or without meetings. Each committee may authorize one or more of its members to sign instructions, notices and determinations on its
behalf. The action of a majority of a committee shall constitute the action of that committee. 

 12.8 Agent for Process. The General
Counsel of the Company shall be the agent of the Plan for service of all legal process. 
 12.9 Plan Expenses. The expenses of the Committee shall be
borne by the Company. Notwithstanding the preceding sentence, all expenses of any party lawfully payable from the assets of the Trust shall be paid from such assets except to the extent the Company or its delegate determines otherwise. 

12.10 Indemnity of Committee. All Employers shall indemnify and hold harmless the members of the Committee, any Employee to whom the duties of the Committee
may be delegated, against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Plan, except in the case of willful misconduct by the Committee, any of its members, or any such
Employee. 
 12.11 Employer Information. To enable the Committee to perform its functions, the Company and each Employer shall supply full and timely
information to the Committee on all matters relating to the compensation of its Participants, the date and circumstances of the Retirement, Disability, death or Termination of Employment of its Participants, and such other pertinent information as
the Committee may reasonably require. 
 ARTICLE 13 
 OTHER BENEFITS AND AGREEMENTS 
 The benefits provided for a Participant and Participant’s Beneficiary under the
Plan are in addition to any other benefits available to such Participant under any other plan or program for employees of the Participant’s Employer. The Plan shall supplement and shall not supersede, modify or amend any other such plan or
program except as may otherwise be expressly provided. 
  

 Plan Part A 
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 ARTICLE 14 
 CLAIMS PROCEDURES 
 14.1 Claims Procedure. Until modified by the Plan Administrator, the claim and review
procedures set forth in this Section shall be the mandatory claim and review procedures for the resolution of disputes and disposition of claims filed under the Plan except for disability claims. An application for a distribution or withdrawal shall
be considered as a claim for the purposes of this Section. 
 14.1.1 Initial Claim. An individual may, subject to any applicable
deadline, file with the Plan Administrator a written claim for benefits under the Plan in a form and manner prescribed by the Plan Administrator. 
  

	 	(a)	If the claim is denied in whole or in part, the Plan Administrator shall notify the claimant of the adverse benefit determination within ninety (90) days after receipt of the
claim. 

  

	 	(b)	The ninety (90) day period for making the claim determination may be extended for ninety (90) days if the Plan Administrator determines that special circumstances require
an extension of time for determination of the claim, provided that the Plan Administrator notifies the claimant, prior to the expiration of the initial ninety (90) day period, of the special circumstances requiring an extension and the date by
which a claim determination is expected to be made. 

 14.1.2 Notice of Initial Adverse Determination. A notice
of an adverse determination shall set forth in a manner calculated to be understood by the claimant: 
  

	 	(a)	the specific reasons for the adverse determination; 

  

	 	(b)	references to the specific provisions of the Plan Statement (or other applicable Plan document) on which the adverse determination is based; 

  

	 	(c)	a description of any additional material or information necessary to perfect the claim and an explanation of why such material or information is necessary; and

  

	 	(d)	a description of the claim and review procedures, including the time limits applicable to such procedure, and a statement of the claimant’s right to bring a civil action under
ERISA section 502(a) following an adverse determination on review. 

  

 Plan Part A 
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 14.1.3 Request for Review. Within sixty (60) days after receipt of an initial adverse benefit
determination notice, the claimant may file with the Plan Administrator a written request for a review of the adverse determination and may, in connection therewith submit written comments, documents, records and other information relating to the
claim benefits. Any request for review of the initial adverse determination not filed within sixty (60) days after receipt of the initial adverse determination notice shall be untimely. 
 14.1.4 Claim on Review. If the claim, upon review, is denied in whole or in part, the Plan Administrator shall notify the claimant of the adverse
benefit determination within sixty (60) days after receipt of such a request for review. 
  

	 	(a)	The sixty (60) day period for deciding the claim on review may be extended for sixty (60) days if the Plan Administrator determines that special circumstances require an
extension of time for determination of the claim, provided that the Plan Administrator notifies the claimant, prior to the expiration of the initial sixty (60) day period, of the special circumstances requiring an extension and the date by
which a claim determination is expected to be made. 

  

	 	(b)	In the event that the time period is extended due to a claimant’s failure to submit information necessary to decide a claim on review, the claimant shall have sixty
(60) days within which to provide the necessary information and the period for making the claim determination on review shall be tolled from the date on which the notification of the extension is sent to the claimant until the date on which the
claimant responds to the request for additional information or, if earlier, the expiration of sixty (60) days . 

  

	 	(c)	The Plan Administrator’s review of a denied claim shall take into account all comments, documents, records, and other information submitted by the claimant relating to the
claim, without regard to whether such information was submitted or considered in the initial benefit determination. 

 14.1.5
Notice of Adverse Determination for Claim on Review. A notice of an adverse determination for a claim on review shall set forth in a manner calculated to be understood by the claimant: 
  

	 	(a)	the specific reasons for the denial; 

  

	 	(b)	references to the specific provisions of the Plan Statement (or other applicable Plan document) on which the adverse determination is based; 

  

 Plan Part A 
 -22- 

	 	(c)	a statement that the claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to
the claimant’s claim for benefits; 

  

	 	(d)	a statement describing any voluntary appeal procedures offered by the Plan and the claimant’s right to obtain information about such procedures; and 

 

	 	(e)	a statement of the claimant’s right to bring an action under ERISA section 502(a). 

 14.2 Claims Procedure for Disability Claims. Until modified by the Plan Administrator, the claim and review procedures set forth in this Section shall be the mandatory claim and review procedures for the
resolution of disputes and disposition of claims for a disability benefit filed under the Plan. An application for a distribution or withdrawal shall be considered as a claim for the purposes of this Section. 
 14.2.1 Initial Claim. An individual may, subject to any applicable deadline, file with the Plan Administrator a written claim for disability
benefits under the Plan in a form and manner prescribed by the Plan Administrator. 
  

	 	(a)	If the disability claim is denied in whole or in part, the Plan Administrator shall notify the claimant of the adverse benefit determination within forty-five (45) days after
receipt of the claim. 

  

	 	(b)	The forty five (45) day period for making the determination may be extended for thirty (30) days, if the Plan Administrator determines that an extension is necessary due
to reasons beyond the control of the Plan Administrator and notifies the claimant of the extension prior to the expiration of the initial forty five (45) day period. The thirty (30) day extension period can be further extended by another
thirty (30) days (for a total of a sixty (60) day extension) if notice is provided to the claimant within the first thirty (30) day extension period. 

  

	 	(c)	In the event that a period of time is extended due to a claimant’s failure to submit information necessary to decide a disability claim, the claimant shall have forty five
(45) days within which to provide the necessary information and the period for making the claim determination shall be tolled from the date on which the notification of extension is sent to the claimant until the date on which the claimant
responds to the request for additional information or, if earlier, the expiration of forty five (45) days. 

  

	 	(d)	Any notice of extension shall specifically explain: 

  

	 	(i)	the circumstances requiring the extension of time; 

  

 Plan Part A 
 -23- 

	 	(ii)	the date by which a claim determination is expected to be made; 

  

	 	(iii)	the standards on which entitlement to a benefit is based; 

  

	 	(iv)	the unresolved issues that prevent a decision on the disability claim; and 

  

	 	(v)	the additional information needed to resolve those issues. 

 14.2.2 Notice of Initial Adverse Determination. A notice of an adverse determination for a disability claim shall set forth in a manner calculated to be understood by the claimant: 
  

	 	(a)	the specific reasons for the adverse determination; 

  

	 	(b)	references to the specific provisions of the Plan Statement (or other applicable Plan document) on which the adverse determination is based; 

  

	 	(c)	a description of any additional material or information necessary to perfect the claim and an explanation of why such material or information is necessary; 

 

	 	(d)	a description of the claim and review procedures, including the time limits applicable to such procedure, and a statement of the claimant’s right to bring a civil action under
ERISA section 502(a) following an adverse determination on review; 

  

	 	(e)	if an internal rule, guideline, protocol, or other similar criterion was relied upon in making the adverse determination, either the specific rule, guideline, protocol, or other
similar criterion; or a statement that such a rule, guideline, protocol, or other similar criterion was relied upon in making the adverse determination and that a copy of such rule, guideline, protocol, or other criterion will be provided free of
charge to the claimant upon request; and 

  

	 	(f)	if the adverse benefit determination is based on a medical necessity or experimental treatment or similar exclusion or limit, either an explanation of the scientific or clinical
judgment for the determination applying the terms of the Plan to the claimant’s medical circumstances, or a statement that such explanation will be provided free of charge upon request. 

  

 Plan Part A 
 -24- 

 14.2.3 Request for Review. Within one-hundred eighty (180) days after receipt of an initial
adverse benefit determination notice for a disability claim, the claimant may file with the Plan Administrator a written request for a review of the adverse determination and may, in connection therewith submit written comments, documents, records
and other information relating to the claim for disability benefits. Any request for review of the initial adverse determination not filed within one hundred eighty (180) days after receipt of the initial adverse determination notice shall be
untimely. 
 14.2.4 Disability Claim on Review. If the disability claim, upon review, is denied in whole or in part, the Plan
Administrator shall notify the claimant of the adverse benefit determination within forty-five (45) days after receipt of such a request for review. 
  

	 	(a)	The forty-five (45) day period for deciding the claim on review may be extended for forty-five (45) days if the Plan Administrator determines that special circumstances
require an extension of time for determination of the disability claim, provided that the Plan Administrator notifies the claimant, prior to the expiration of the initial forty-five (45) day period, of the special circumstances requiring an
extension and the date by which a disability claim determination is expected to be made. 

  

	 	(b)	In the event that the time period is extended due to a claimant’s failure to submit information necessary to decide a disability claim on review, the claimant shall have
forty-five (45) days within which to provide the necessary information and the period for making the benefit determination shall be tolled from the date on which the notification of the extension is sent to the claimant until the date on which
the claimant responds to the request for additional information or, if earlier, the expiration of forty-five (45) days . 

  

	 	(c)	The Plan Administrator’s review of a denied disability claim shall: 

  

	 	(i)	take into account all comments, documents, records, and other information submitted by the claimant relating to the disability claim, without regard to whether such information was
submitted or considered in the initial benefit determination; 

  

	 	(ii)	not afford deference to the initial adverse benefit determination; 

  

	 	(iii)	be conducted by a decision maker(s) who is neither the decision maker(s) who made the initial adverse benefit determination that is the subject of appeal, nor the subordinate of
such individual(s); 

  

	 	(iv)	 if the adverse benefit determination is based in whole or in part on a medical judgment, consult with a health care professional who 

  

 Plan Part A 
 -25- 

	 	 
has the appropriate training and experience in the field of medicine involved in the medical judgment (such health care professional shall be an individual
who is neither an individual who was consulted in connection with the adverse benefit determination that is subject of the appeal, nor the subordinate of any such individual); and 

  

	 	(v)	provide for the identification of the medical or vocational experts whose advice was obtained on behalf of the Plan in connection with a claimant’s adverse benefit
determination, without regard to whether the advice was relied upon in making the benefit determination. 

 14.2.5 Notice of
Adverse Determination for Disability Claim on Review. A notice of an adverse determination for a disability claim on review shall set forth in a manner calculated to be understood by the claimant: 
  

	 	(a)	the specific reasons for denial of the disability claim; 

  

	 	(b)	the specific references to the pertinent provisions of the Plan Statement (or other applicable Plan document) on which the denial is based; 

  

	 	(c)	a statement that the claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to
the claimant’s claim for disability benefits; 

  

	 	(d)	a statement describing any voluntary appeal procedures offered by the Plan and the claimant’s right to obtain information about such procedures; 

  

	 	(e)	a statement of the claimant’s right to bring an action under section 502(a) of ERISA; 

  

	 	(f)	if an internal rule, guideline, protocol, or other similar criterion was relied upon in making the adverse determination, either the specific rule, guideline, protocol, or other
similar criterion; or a statement that such a rule, guideline, protocol, or other similar criterion was relied upon in making the adverse determination and that a copy of such rule, guideline, protocol, or other criterion will be provided free of
charge to the claimant upon request; 

  

	 	(g)	if the adverse benefit determination is based on a medical necessity or experimental treatment or similar exclusion or limit, either an explanation of the scientific or clinical
judgment for the determination applying the terms of the Plan to the claimant’s medical circumstances, or a statement that such explanation will be provided free of charge upon request; and 

  

 Plan Part A 
 -26- 

	 	(h)	the following statement: “You and your plan may have other voluntary alternative dispute resolutions options, such as mediation. One way to find out what may be available is to
contact your local U.S. Department of Labor Office and your State insurance regulatory agency.” 

 14.3 Rules and Regulations.

 14.3.1 Adoption of Rules. Any rule not in conflict or at variance with the provisions hereof may be adopted by the Plan
Administrator. 
 14.3.2 Specific Rules. 
  

	 	(a)	No inquiry or question shall be deemed to be a claim or a request for a review of a denied claim unless made in accordance with the established claim procedures. The Plan
Administrator may require that any claim for benefits and any request for a review of a denied claim be filed on forms to be furnished by the Plan Administrator upon request. 

  

	 	(b)	All decisions on claims and on requests for a review of denied claims shall be made by the Plan Administrator unless delegated as provided for in the Plan, in which case references
in this Section 10 to the Plan Administrator shall be treated as references to the Plan Administrator’s delegate. 

  

	 	(c)	Claimants may be represented by a lawyer or other representative at their own expense, but the Plan Administrator reserves the right to require the claimant to furnish written
authorization and establish reasonable procedures for determining whether an individual has been authorized to act on behalf of a claimant. A claimant’s representative shall be entitled to copies of all notices given to the claimant.

  

	 	(d)	The decision of the Plan Administrator on a claim and on a request for a review of a denied claim may be provided to the claimant in electronic form instead of in writing at the
discretion of the Plan Administrator. 

  

	 	(e)	In connection with the review of a denied claim, the claimant or the claimant’s representative shall be provided, upon request and free of charge, reasonable access to, and
copies of, all documents, records, and other information relevant to the claimant’s claim for benefits. 

  

	 	(f)	The time period within which a benefit determination will be made shall begin to run at the time a claim or request for review is filed in accordance with the claims procedures,
without regard to whether all the information necessary to make a benefit determination accompanies the filing. 

  

 Plan Part A 
 -27- 

	 	(g)	The claims and review procedures shall be administered with appropriate safeguards so that benefit claim determinations are made in accordance with governing plan documents and,
where appropriate, the plan provisions have been applied consistently with respect to similarly situated claimants. 

  

	 	(h)	For the purpose of this Section, a document, record, or other information shall be considered “relevant” if such document, record, or other information: (i) was
relied upon in making the benefit determination; (ii) was submitted, considered, or generated in the course of making the benefit determination, without regard to whether such document, record, or other information was relied upon in making the
benefit determination; (iii) demonstrates compliance with the administration processes and safeguards designed to ensure that the benefit claim determination was made in accordance with governing plan documents and that, where appropriate, the
Plan provisions have been applied consistently with respect to similarly situated claimants; and (iv) constitutes a statement of policy or guidance with respect to the Plan concerning the denied treatment option or benefit for the
claimant’s diagnosis, without regard to whether such advice or statement was relied upon in making the benefit determination. 

  

	 	(i)	The Plan Administrator may, in its discretion, rely on any applicable statute of limitation or deadline as a basis for denial of any claim. 

 14.3.3 Limitations and Exhaustion. 
  

	 	(a)	No claim shall be considered under these administrative procedures unless it is filed with the Plan Administrator within two (2) years after the Participant knew (or reasonably
should have known) of the general nature of the dispute giving rise to the claim. Every untimely claim shall be denied by the Plan Administrator without regard to the merits of the claim. No suit may be brought by or on behalf of any Participant or
Beneficiary on any matter pertaining to this Plan unless the action is commenced in the proper forum before the earlier of: 

  

	 	(i)	three (3) years after the Participant knew (or reasonably should have known) of the general nature of the dispute giving rise to the action, or 

  

 Plan Part A 
 -28- 

	 	(ii)	sixty (60) days after the Participant has exhausted these administrative procedures. 

  

	 	(b)	These administrative procedures are the exclusive means for resolving any dispute arising under this Plan insofar as the dispute pertains to any matter that arose more than one
hundred twenty (120) days before a Change-in-Control. As to such matters: 

  

	 	(i)	no Participant or Beneficiary shall be permitted to litigate any such matter unless a timely claim has been filed under these administrative procedures and these administrative
procedures have been exhausted; and 

  

	 	(ii)	determinations by the Plan Administrator (including determinations as to whether the claim was timely filed) shall be afforded the maximum deference permitted by law.

  

	 	(c)	These administrative procedures are not exclusive insofar as they pertain to any matter that arose after the Change-in-Control or within the one hundred twenty (120) days
before the Change-in-Control. As to such matters: 

  

	 	(i)	a Participant shall not be required to exhaust these administrative remedies; 

  

	 	(ii)	if there is litigation regarding the benefits payable to or with respect to a Participant, notwithstanding Section 10.1, determinations by the Plan Administrator (including
determinations regarding when any matter arose) shall not be afforded any deference and the matter shall be heard de novo; and 

  

	 	(iii)	if a Participant successfully litigates, in whole or in part, any claim for benefits under this Plan, the court shall award reasonable attorney’s fees and costs of the action
to the Participant. 

  

	 	(d)	For the purpose of applying the deadlines to file a claim or a legal action, knowledge of all facts that a Participant knew or reasonably should have known shall be imputed to every
claimant who is or claims to be a Beneficiary of the Participant or otherwise claims to derive an entitlement by reference to the Participant for the purpose of applying the previously specified periods. 

  

 Plan Part A 
 -29- 

 ARTICLE 15 
 TRUST 
 15.1 Establishment of the Trust. The Company shall establish the Trust, and each Employer shall at
least annually transfer over to the Trust such assets as the Employer determines, in its sole discretion, are necessary to provide, on a present value basis, for its respective future liabilities created with respect to the Annual Deferral Amounts,
Annual Company Contribution Amounts, and Company Matching Amounts for such Employer’s Participants for all periods prior to the transfer, as well as any debits and credits to the Participants’ Account Balances for all periods prior to the
transfer, taking into consideration the value of the assets in the trust at the time of the transfer. 
 15.2 Interrelationship of the Plan and the
Trust. The provisions of the Plan and the Plan Agreement shall govern the rights of a Participant to receive distributions pursuant to the Plan. The provisions of the Trust shall govern the rights of the Employers, Participants and the creditors
of the Employers to the assets transferred to the Trust. Each Employer shall at all times remain liable to carry out its obligations under the Plan. 
 15.3
Distributions From the Trust. Each Employer’s obligations under the Plan may be satisfied with Trust assets distributed pursuant to the terms of the Trust, and any such distribution shall reduce the Employer’s obligations under this
Plan. 
 ARTICLE 16 
 MISCELLANEOUS 
 16.1 Status of Plan. The Plan is intended to be a plan that is not qualified within the meaning of Code
Section 401(a) and that “is unfunded and is maintained by an employer primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employee” within the meaning of ERISA
Sections 201(2), 301(a)(3) and 401(a)(1). The Plan shall be administered and interpreted to the extent possible in a manner consistent with that intent. 
 16.2 Unsecured General Creditor. Participants and their Beneficiaries, heirs, successors and assigns shall have no legal or equitable rights, interests or claims in any property or assets of an Employer. For purposes of the payment
of benefits under this Plan, any and all of an Employer’s assets shall be, and remain, the general, unpledged unrestricted assets of the Employer. An Employer’s obligation under the Plan shall be merely that of an unfunded and unsecured
promise to pay money in the future. 
  

 Plan Part A 
 -30- 

 16.3 Employer’s Liability. An Employer’s liability for the payment of benefits shall be defined only by
the Plan and the Plan Agreement, as entered into between the Employer and a Participant. An Employer shall have no obligation to a Participant under the Plan except as expressly provided in the Plan and his or her Plan Agreement. 
 16.4 Nonassignability. Neither a Participant nor any other person shall have any right to commute, sell, assign, transfer, pledge, anticipate, mortgage or
otherwise encumber, transfer, hypothecate, alienate or convey in advance of actual receipt, the amounts, if any, payable hereunder, or any part thereof, which are, and all rights to which are expressly declared to be, unassignable and
non-transferable. No part of the amounts payable shall, prior to actual payment, be subject to seizure, attachment, garnishment or sequestration for the payment of any debts, judgments, alimony or separate maintenance owed by a Participant or any
other person, be transferable by operation of law in the event of a Participant’s or any other person’s bankruptcy or insolvency or be transferable to a spouse as a result of a property settlement or otherwise. 
 16.5 Not a Contract of Employment. The terms and conditions of this Plan shall not be deemed to constitute a contract of employment between any Employer and the
Participant. Such employment is hereby acknowledged to be an “at will” employment relationship that can be terminated at any time for any reason, or no reason, with or without cause, and with or without notice, unless expressly provided in
a written employment agreement. Nothing in this Plan shall be deemed to give a Participant the right to be retained in the service of any Employer, either as an Employee or a Director, or to interfere with the right of any Employer to discipline or
discharge the Participant at any time. 
 16.6 Furnishing Information. A Participant or his or her Beneficiary will cooperate with the Committee by
furnishing any and all information requested by the Committee and take such other actions as may be requested in order to facilitate the administration of the Plan and the payments of benefits hereunder, including but not limited to taking such
physical examinations as the Committee may deem necessary. 
 16.7 Terms. Whenever any words are used herein in the masculine, they shall be construed
as though they were in the feminine in all cases where they would so apply; and whenever any words are used herein in the singular or in the plural, they shall be construed as though they were used in the plural or the singular, as the case may be,
in all cases where they would so apply. 
 16.8 Captions. The captions of the articles, sections and paragraphs of this Plan are for convenience only
and shall not control or affect the meaning or construction of any of its provisions. 
 16.9 Governing Law. Subject to ERISA, the provisions of this
Plan shall be construed and interpreted according to the internal laws of the State of Colorado without regard to its conflicts of laws principles. 
  

 Plan Part A 
 -31- 

 16.10 Successors. The provisions of this Plan shall bind and inure to the benefit of the Participant’s
Employer and its successors and assigns and the Participant and the Participant’s designated Beneficiaries. 
 16.11 Spouse’s Interest. The
interest in the benefits hereunder of a spouse of a Participant who has predeceased the Participant shall automatically pass to the Participant and shall not be transferable by such spouse in any manner, including but not limited to such
spouse’s will, nor shall such interest pass under the laws of intestate succession. 
 16.12 Validity. In case any provision of this Plan shall
be illegal or invalid for any reason, said illegality or invalidity shall not affect the remaining parts hereof, but this Plan shall be construed and enforced as if such illegal or invalid provision had never been inserted herein. 
 16.13 Incompetent. If the Committee determines in its discretion that a benefit under this Plan is to be paid to a minor, a person declared incompetent or to a
person incapable of handling the disposition of that person’s property, the Committee may direct payment of such benefit to the guardian, legal representative or person having the care and custody of such minor, incompetent or incapable person.
The Committee may require proof of minority, incompetence, incapacity or guardianship, as it may deem appropriate prior to distribution of the benefit. Any payment of a benefit shall be a payment for the account of the Participant and the
Participant’s Beneficiary, as the case may be, and shall be a complete discharge of any liability under the Plan for such payment amount. 
 16.14
Court Order. The Committee is authorized to make any payments directed by court order in any action in which the Plan or the Committee has been named as a party. In addition, the Committee is authorized, notwithstanding any election made by a
Participant, to may payments to an individual other than a Participant as may be necessary to fulfill a domestic relations order as defined in Section 414(p)(1)(B) of the Internal Revenue Code. 
 16.15 Distribution in the Event of Taxation. 
  

	 	(a)	In General. If, for any reason, all or any portion of a Participant’s benefits under this Plan becomes subject to federal income tax with respect to the Participant
prior to receipt, a Participant’s Employer shall distribute to the Participant immediately available funds in an amount equal to the taxable portion of his or her benefit (which amount shall not exceed a Participant’s unpaid Account
Balance under the Plan). The tax liability distribution shall be made within 90 days of the date when the Committee determines such benefits to be subject to federal income tax. Such a distribution shall affect and reduce the benefits to be paid
under this Plan. 

  

 Plan Part A 
 -32- 

	 	(b)	Trust. If the Trust terminates in accordance with Section 3.6(e) of the Trust and benefits are distributed from the Trust to a Participant in accordance with that
Section, the Participant’s benefits under this Plan shall be reduced to the extent of such distributions. 

 16.16 Insurance. The
Employers, on their own behalf or on behalf of the trustee of the Trust, and, in their sole discretion, may apply for and procure insurance on the life of the Participant, in such amounts and in such forms as the Company may choose. The Employers or
the trustee of the Trust, as the case may be, shall be the sole owner and beneficiary of any such insurance. The Participant shall have no interest whatsoever in any such policy or policies, and at the request of the Employers shall submit to
medical examinations and supply such information and execute such documents as may be required by the insurance company or companies to whom the Employers have applied for insurance. 
  

 Plan Part A 
 -33- 

 Qwest Communications International Inc. 
 Deferred Compensation Plan 
 Master Plan Document 
  
 PART B 
  

 Plan Part B 

 Qwest Communications International Inc. 
 Deferred Compensation Plan 
 Master Plan Document 
  
 Part B 
 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	 PURPOSE
	  	1
			
	 ARTICLE 1
	  	 DEFINITIONS
	  	1
			
	 ARTICLE 2
	  	 SELECTION, ENROLLMENT, ELIGIBILITY
	  	7
			
	 2.1    
	  	 Selection by Committee
	  	
	 2.2    
	  	 Enrollment Requirements
	  	
	 2.3    
	  	 Eligibility; Commencement of Participation
	  	
	 2.4    
	  	 Termination of Participation and/or Deferrals
	  	
			
	 ARTICLE 3
	  	 DEFERRAL COMMITMENTS/COMPANY MATCHING/CREDITING/TAXES
	  	8
			
	 3.1    
	  	 Minimum Deferrals
	  	
	 3.2    
	  	 Maximum Deferral
	  	
	 3.3    
	  	 Election to Defer; Effect of Election Form
	  	
	 3.4    
	  	 Withholding of Annual Deferral Amounts
	  	
	 3.5    
	  	 Annual Company Matching Amounts
	  	
	 3.6    
	  	 Investment of Trust Assets
	  	
	 3.7    
	  	 Vesting
	  	
	 3.8    
	  	 Crediting/Debiting of Account Balances
	  	
	 3.9    
	  	 FICA and Other Taxes
	  	
	 3.10  
	  	 Distributions
	  	
	 3.12  
	  	 Transfer of Deferred Compensation Account
	  	

  

 Plan Part B 
 -i- 

					
	 ARTICLE 4
	  	 SHORT-TERM PAYOUT; UNFORESEEABLE FINANCIAL EMERGENCIES; WITHDRAWAL ELECTION
	  	12
			
	 4.1    
	  	 Short-Term Payout
	  	
	 4.2    
	  	 Other Benefits Take Precedence Over Short-Term
	  	
	 4.3    
	  	 Withdrawal Payout/Suspensions for Unforeseeable Financial Emergencies
	  	
	 4.4    
	  	 Withdrawal Election
	  	
			
	 ARTICLE 5
	  	 RETIREMENT BENEFIT
	  	14
			
	 5.1    
	  	 Retirement Benefit
	  	
	 5.2    
	  	 Payment of Retirement Benefit
	  	
	 5.3    
	  	 Death Prior to Completion of Retirement Benefit
	  	
			
	 ARTICLE 6
	  	 PRE-RETIREMENT SURVIVOR BENEFIT
	  	14
			
	 6.1    
	  	 Pre-Retirement Survivor Benefit
	  	
	 6.2    
	  	 Payment of Pre-Retirement Survivor Benefit
	  	
			
	 ARTICLE 7
	  	 TERMINATION BENEFIT
	  	15
			
	 7.1    
	  	 Termination Benefit
	  	
	 7.2    
	  	 Payment of Termination Benefit
	  	
			
	 ARTICLE 8
	  	 DISABILITY WAIVER AND BENEFIT
	  	16
			
	 8.1    
	  	 Disability Waiver
	  	
	 8.2    
	  	 Continued Eligibility; Disability Benefit
	  	
			
	 ARTICLE 9
	  	 BENEFICIARY DESIGNATION
	  	17
			
	 9.1    
	  	 Beneficiary
	  	
	 9.2    
	  	 Beneficiary Designation; Change, Spousal Consent
	  	
	 9.3    
	  	 Acknowledgment
	  	
	 9.4    
	  	 No Beneficiary Designation
	  	
	 9.5    
	  	 Doubt as to Beneficiary
	  	
	 9.6    
	  	 Discharge of Obligations
	  	
			
	 ARTICLE 10
	  	 LEAVE OF ABSENCE
	  	18
			
	 10.1  
	  	 Paid Leave of Absence
	  	
	 10.2  
	  	 Unpaid Leave of Absence
	  	
			
	 ARTICLE 11
	  	 TERMINATION, AMENDMENT OR MODIFICATION
	  	18
			
	 11.1  
	  	 Termination
	  	
	 11.2  
	  	 Amendment
	  	
	 11.3  
	  	 Plan Agreement
	  	
	 11.4  
	  	 Effect of Payment
	  	

  

 Plan Part B 
 -ii- 

					
			
	 ARTICLE 12
	  	 ADMINISTRATION
	  	19
			
	 12.1  
	  	 Committee Duties
	  	
	 12.2  
	  	 Administration Upon Change In Control
	  	
	 12.3  
	  	 Agents
	  	
	 12.4  
	  	 Binding Effect of Decisions
	  	
	 12.5  
	  	 Indemnity of Committee
	  	
			
	 ARTICLE 13
	  	 OTHER BENEFITS AND AGREEMENTS
	  	21
			
	 13.1  
	  	 Coordination with Other Benefits
	  	
			
	 ARTICLE 14
	  	 CLAIMS PROCEDURES
	  	21
			
	 14.1  
	  	 Presentation of Claim
	  	
	 14.2  
	  	 Notification of Decision
	  	
	 14.3  
	  	 Review of a Denied Claim
	  	
	 14.4  
	  	 Decision on Review
	  	
	 14.5  
	  	 Legal Action
	  	
			
	 ARTICLE 15
	  	 TRUST
	  	23
			
	 15.1  
	  	 Establishment of the Trust
	  	
	 15.2  
	  	 Interrelationship of the Plan and the Trust
	  	
	 15.3  
	  	 Distributions From the Trust
	  	
			
	 ARTICLE 16
	  	 MISCELLANEOUS
	  	24
			
	 16.1  
	  	 Status of Plan
	  	
	 16.3  
	  	 Employer’s Liability
	  	
	 16.4  
	  	 Nonassignability
	  	
	 16.5  
	  	 Not a Contract of Employment
	  	
	 16.6  
	  	 Furnishing Information
	  	
	 16.7  
	  	 Terms
	  	
	 16.8  
	  	 Captions
	  	
	 16.9  
	  	 Governing Law
	  	
	 16.11
	  	 Successors
	  	
	 16.12
	  	 Spouse’s Interest
	  	
	 16.13
	  	 Validity
	  	
	 16.14
	  	 Incompetent
	  	
	 16.15
	  	 Court Order
	  	
	 16.16
	  	 Distribution in the Event of Taxation
	  	
	 16.17
	  	 Insurance
	  	
	 16.18
	  	 Legal Fees To Enforce Rights After Change in Control
	  	

  

 Plan Part B 
 -iii- 

 Qwest Communications International Inc. 
 Deferred Compensation Plan 
 Master Plan Document 
  
 PURPOSE 
 The purpose of this Plan is to provide specified benefits to a select group of management and highly compensated Employees and Directors who contribute materially to the
continued growth, development and future business success of Qwest Communications International Inc., a Delaware corporation, and its subsidiaries, if any, that sponsor this Plan. This Plan shall be unfunded for tax purposes and for purposes of
Title I of ERISA. 
 ARTICLE 1 
 DEFINITIONS 
 For purposes of this Plan, unless otherwise clearly apparent from the context, the following phrases or terms shall have the
following indicated meanings: 
 1.1 “Account Balance” shall mean, with respect to a Participant, a credit on the records of the Employer
equal to the sum of (i) the Deferral Account balance, and (ii) the vested Company Matching Account balance. Any deferred compensation account transferred to and assumed by this Plan pursuant to Section 3.11 shall form a part of the
Participant’s Account Balance. The Account Balance, and each other specified account balance, shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a
Participant, or his or her designated Beneficiary, pursuant to this Plan. 
 1.2 “Annual Company Matching Amount” for any one Plan Year
shall be the amount determined in accordance with Section 3.5. 
 1.3 “Annual Deferral Amount” shall mean that portion of a
Participant’s Base Annual Salary, Bonus, Commissions and Director’s Fees that a Participant elects to have, and is, deferred in accordance with Article 3, for any one Plan Year, together with any other amount of compensation that a
Participant is permitted to defer by the Committee (“Other Compensation”). In the event of a Participant’s Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to
the end of a Plan Year, such year’s Annual Deferral Amount shall be the actual amount withheld prior to such event. 
  

 Plan Part B 

 1.4 “Annual Installment Method” shall be an annual installment payment over the number of years selected
by the Participant in accordance with this Plan, calculated as follows: The Account Balance of the Participant shall be calculated as of the close of business on the last business day of the year. The annual installment shall be calculated by
multiplying this balance by a fraction, the numerator of which is one, and the denominator of which is the remaining number of annual payments due the Participant. By way of example, if the Participant elects a 10 year Annual Installment Method, the
first payment shall be 1/10 of the Account Balance, calculated as described in this definition. The following year, the payment shall be 1/9 of the Account Balance, calculated as described in this definition. Each annual installment shall be paid on
or as soon as practicable after the last business day of the applicable year. 
 1.5 “Base Annual Salary” shall mean the annual cash
compensation relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, excluding bonuses, commissions, overtime, fringe benefits, stock
options, relocation expenses, incentive payments, non-monetary awards, directors fees and other fees, automobile and other allowances paid to a Participant for employment services rendered (whether or not such allowances are included in the
Employee’s gross income). Base Annual Salary shall be calculated before reduction for compensation voluntarily deferred or contributed by the Participant pursuant to all qualified or non-qualified plans of any Employer and shall be calculated
to include amounts not otherwise included in the Participant’s gross income under Code Sections 125, 402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; provided, however, that all such amounts will be included in
compensation only to the extent that, had there been no such plan, the amount would have been payable in cash to the Employee. 
 1.6
“Beneficiary” shall mean one or more persons, trusts, estates or other entities, designated in accordance with Article 9, that are entitled to receive benefits under this Plan upon the death of a Participant. 
 1.7 “Beneficiary Designation Form” shall mean the form established from time to time by the Committee that a Participant completes, signs and returns to
the Committee to designate one or more Beneficiaries. 
 1.8 “Board” shall mean the board of directors of the Company. 
 1.9 “Bonus” shall mean any compensation, in addition to Base Annual Salary relating to services performed during any calendar year, whether or not paid
in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, payable to a Participant as an Employee under any Employer’s bonus and cash incentive plans, excluding stock options, any bonus for reaching a sales
quota or target, any bonus received under the employee referral program, special one-time bonuses for completing projects, “on the spot” rewards, and any other items as determined by the Committee and communicated to those selected for
participation in the Plan. 
  

 Plan Part B 
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 1.10 “Change in Control” shall be deemed to have occurred if either (i) any individual, entity, or
group (within the meaning of Section 13(d)(3) or 14(d)(2) of the 1934 Act), other than Anschutz Company, The Anschutz Corporation, any entity or organization controlled by Philip F. Anschutz (collectively, the “Anschutz Entities”) or
a trustee or other fiduciary holding securities under an employee benefit plan of the Company, acquires beneficial ownership (within the meaning of Rule 13d-3 promulgated under the 1934 Act) of fifty percent (50%) or more of either (A) the
then-outstanding shares of Stock (“Outstanding Shares”) or (B) the combined voting power of the then-outstanding voting securities of the Company entitled to vote generally in the election of directors (“Voting Power”) or
(ii) at any time during any period of three consecutive years (not including any period prior to the Effective Date), individuals who at the beginning of such period constitute the Board (and any new director whose election by the Board or
whose nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the beginning of such period or whose election or nomination for
election was previously so approved) cease for any reason to constitute a majority thereof. 
 1.11 “Claimant” shall have the meaning set
forth in Section 14.1. 
 1.12 “Code” shall mean the Internal Revenue Code of 1986, as it may be amended from time to time. 

1.13 “Commissions” shall mean any compensation based on a percentage of sales and shall exclude Base Annual Salary and Bonus. 
 1.14 “Committee” shall mean the committee described in Article 12. 
 1.15 “Company” shall mean Qwest Communications International Inc., a Delaware corporation, and any successor to all or substantially all of the Company’s assets or business. 
 1.16 “Company Matching Account” shall mean (i) the sum of all of a Participant’s Annual Company Matching Amounts, plus (ii) amounts
credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant’s Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this
Plan that relate to the Participant’s Company Matching Account. 
 1.17 “Deduction Limitation” shall mean the following described
limitation on a benefit that may otherwise be distributable pursuant to the provisions of this Plan. Except as otherwise provided, this limitation shall be applied to all distributions that are “subject to the Deduction Limitation” under
this Plan. If an Employer determines in good faith prior to a Change in Control that there is a reasonable likelihood that any compensation paid to a Participant for a 

  

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taxable year of the Employer would not be deductible by the Employer solely by reason of the limitation under Code Section 162(m), then to the extent
deemed necessary by the Employer to ensure that the entire amount of any distribution to the Participant pursuant to this Plan prior to the Change in Control is deductible, the Employer may defer all or any portion of a distribution under this Plan.
Any amounts deferred pursuant to this limitation shall continue to be credited/debited with additional amounts in accordance with Section 3.8 below, even if such amount is being paid out in installments. The amounts so deferred and amounts
credited thereon shall be distributed to the Participant or his or her Beneficiary (in the event of the Participant’s death) at the earliest possible date, as determined by the Employer in good faith, on which the deductibility of compensation
paid or payable to the Participant for the taxable year of the Employer during which the distribution is made will not be limited by Section 162(m), or if earlier, the effective date of a Change in Control. Notwithstanding anything to the
contrary in this Plan, the Deduction Limitation shall not apply to any distributions made after a Change in Control. 
 1.18 “Deferral
Account” shall mean (i) the sum of all of a Participant’s Annual Deferral Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant’s
Deferral Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to his or her Deferral Account. 
 1.19 “Director” shall mean any member of the board of directors of any Employer. 
 1.20
“Director’s Fees” shall mean the annual fees paid by any Employer, including retainer fees and meetings fees, as compensation for serving on the board of directors. 
 1.21 “Disability” shall mean a period of disability during which a Participant qualifies for permanent disability benefits under the Participant’s Employer’s long-term disability plan, or,
if a Participant does not participate in such a plan, a period of disability during which the Participant would have qualified for permanent disability benefits under such a plan had the Participant been a participant in such a plan, as determined
in the sole discretion of the Committee. If the Participant’s Employer does not sponsor such a plan, or discontinues to sponsor such a plan, Disability shall be determined by the Committee in its sole discretion. 
 1.22 “Disability Benefit” shall mean the benefit set forth in Article 8. 
 1.23 “Election Form” shall mean the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan. 

1.24 “Employee” shall mean a person who is an employee of any Employer. 
  

 Plan Part B 
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 1.25 “Employer(s)” shall mean the Company and/or any of its subsidiaries or related entities (now in
existence or hereafter formed or acquired). 
 1.26 “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as it may be
amended from time to time. 
 1.27 “First Plan Year” shall mean the period beginning January 1, 1999 and ending December 31, 1999.

 1.28 “401(k) Plan” shall be that certain Qwest Savings and Investment Plan. 
 1.29 “Maximum 401(k) Amount” with respect to a Participant, shall be the maximum amount of elective contributions that can be made by such Participant
under the 401(k) Plan, consistent with Code Section 402(g) and the limitations of Code Section 401(k)(3), for a given plan year under the 401(k) Plan. 
 1.30 “Participant” shall mean any Employee or Director (i) who is selected to participate in the Plan, (ii) who elects to participate in the Plan, (iii) who signs a Plan Agreement, an Election Form and a
Beneficiary Designation Form, (iv) whose signed Plan Agreement, Election Form and Beneficiary Designation Form are accepted by the Committee, (v) who commences participation in the Plan, and (vi) whose Plan Agreement has not
terminated. A spouse or former spouse of a Participant shall not be treated as a Participant in the Plan or have an account balance under the Plan, even if he or she has an interest in the Participant’s benefits under the Plan as a result of
applicable law or property settlements resulting from legal separation or divorce. 
 1.31 “Plan” shall mean the Company’s Deferred
Compensation Plan, which shall be evidenced by this instrument and by each Plan Agreement, as they may be amended from time to time. 
 1.32 “Plan
Agreement” shall mean a written agreement, as may be amended from time to time, which is entered into by and between an Employer and a Participant. Each Plan Agreement executed by a Participant and the Participant’s Employer shall
provide for the entire benefit to which such Participant is entitled under the Plan; should there be more than one Plan Agreement, the Plan Agreement bearing the latest date of acceptance by the Employer shall supersede all previous Plan Agreements
in their entirety and shall govern such entitlement. The terms of any Plan Agreement may be different for any Participant, and any Plan Agreement may provide additional benefits not set forth in the Plan or limit the benefits otherwise provided
under the Plan; provided, however, that any such additional benefits or benefit limitations must be agreed to by both the Employer and the Participant. 
 1.33 “Pre-Retirement Survivor Benefit” shall mean the benefit set forth in Article 6. 
  

 Plan Part B 
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 1.34 “Retirement”, “Retire(s)” or “Retired” shall mean, with respect
to an Employee, severance from employment from all Employers for any reason other than a leave of absence, death or Disability on or after the attainment of age sixty-two (62); and shall mean with respect to a Director who is not an Employee,
severance of his or her directorships with all Employers on or after the later of the attainment of age sixty-five (65). If a Participant is both an Employee and a Director, Retirement shall not occur until he or she Retires as both an Employee and
a Director, which Retirement shall be deemed to be a Retirement as a Director; provided, however, that such a Participant may elect, at least three years prior to Retirement and in accordance with the policies and procedures established by the
Committee, to Retire for purposes of this Plan at the time he or she Retires as an Employee, which Retirement shall be deemed to be a Retirement as an Employee. 
 1.35 “Retirement Benefit” shall mean the benefit set forth in Article 5. 
 1.36 “Short-Term Payout” shall
mean the payout set forth in Section 4.1. 
 1.37 “Termination Benefit” shall mean the benefit set forth in Article 7. 

1.38 “Termination of Employment” shall mean the severing of employment with all Employers, or service as a Director of all Employers, voluntarily or
involuntarily, for any reason other than Retirement, Disability, death or an authorized leave of absence. If a Participant is both an Employee and a Director, a Termination of Employment shall occur only upon the termination of the last position
held; provided, however, that such a Participant may elect, at least three years before Termination of Employment and in accordance with the policies and procedures established by the Committee, to be treated for purposes of this Plan as having
experienced a Termination of Employment at the time he or she ceases employment with an Employer as an Employee. 
 1.39 “Trust” shall mean
one or more trusts established pursuant to that certain Master Trust Agreement, dated as of January 1, 1999 between the Company and the trustee named therein, as amended from time to time. 
 1.40 “Unforeseeable Financial Emergency” shall mean an unanticipated emergency that is caused by an event beyond the control of the Participant that
would result in severe financial hardship to the Participant resulting from (i) a sudden and unexpected illness or accident of the Participant or a dependent of the Participant, (ii) a loss of the Participant’s property due to
casualty, or (iii) such other extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant, all as determined in the sole discretion of the Committee. 
  

 Plan Part B 
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 ARTICLE 2 
 SELECTION, ENROLLMENT, ELIGIBILITY 
 2.1 Selection by Committee. Participation in the Plan shall be limited to
a select group of management and highly compensated Employees and Directors of the Employers, as determined by the Committee in its sole discretion. From that group, the Committee shall select, in its sole discretion, Employees and Directors to
participate in the Plan. 
 2.2 Enrollment Requirements. As a condition to participation, each selected Employee or Director shall complete, execute
and return to the Committee a Plan Agreement, an Election Form and a Beneficiary Designation Form, all within 30 days after he or she is selected to participate in the Plan. In addition, the Committee shall establish from time to time such other
enrollment requirements as it determines in its sole discretion are necessary. 
 2.3 Eligibility; Commencement of Participation. Provided an Employee
or Director selected to participate in the Plan has met all enrollment requirements set forth in this Plan and required by the Committee, including returning all required documents to the Committee within the specified time period, that Employee or
Director shall commence participation in the Plan on the first day of the next Plan Year, unless the Committee, in its sole discretion, permits a mid-Plan Year enrollment. If an Employee or a Director fails to meet all such requirements within the
period required, in accordance with Section 2.2, that Employee or Director shall not be eligible to participate in the Plan until the first day of the Plan Year following the delivery to and acceptance by the Committee of the required
documents. 
 2.4 Termination of Participation and/or Deferrals. If the Committee determines in good faith that a Participant no longer qualifies as a
member of a select group of management or highly compensated employees, as membership in such group is determined in accordance with Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA, the Committee shall have the right, in its sole discretion,
to (i) terminate any deferral election the Participant has made for the remainder of the Plan Year in which the Participant’s membership status changes, (ii) prevent the Participant from making future deferral elections and/or
(iii) immediately distribute the Participant’s then Account Balance as a Termination Benefit and terminate the Participant’s participation in the Plan. 
  

 Plan Part B 
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 ARTICLE 3 
 DEFERRAL COMMITMENTS/COMPANY 
 MATCHING/CREDITING/TAXES 
 3.1 Minimum Deferrals. For each Plan Year, a Participant may elect to defer a minimum combined amount of Base Annual Salary and/or Director’s Fees of $5,000.
If an election is made for less than stated minimum amounts, or if no election is made, the amount deferred shall be zero. There is no minimum deferral amount for Bonus, Commissions, or Other Compensation. Notwithstanding the foregoing, if a
Participant first becomes a Participant after the first day of a Plan Year, or in the case of the first Plan Year of the Plan itself, the minimum Base Annual Salary deferral shall be an amount equal to the minimum set forth above, multiplied by a
fraction, the numerator of which is the number of complete months remaining in the Plan Year and the denominator of which is 12. 
 3.2 Maximum
Deferral. For each Plan Year, a Participant may elect to defer an amount permitted by the Committee up to a maximum of up to 100% each of his or her Base Annual Salary, Bonus, Commissions, and Director’s Fees. Notwithstanding the foregoing,
if a Participant first becomes a Participant after the first day of a Plan Year, or in the case of the first Plan Year of the Plan itself, the maximum Annual Deferral Amount, with respect to Base Annual Salary, Bonus, Director’s Fees and Other
Compensation shall be limited to the amount of compensation not yet earned by the Participant as of the date the Participant submits a Plan Agreement and Election Form to the Committee for acceptance. 
 3.3 Election to Defer; Effect of Election Form. 
  

	 	(a)	First Plan Year. In connection with a Participant’s commencement of participation in the Plan, the Participant shall make an irrevocable deferral election for the Plan
Year in which the Participant commences participation in the Plan, along with such other elections as the Committee deems necessary or desirable under the Plan. For these elections to be valid, the Election Form must be completed and signed by the
Participant, timely delivered to the Committee or its designated agent (in accordance with Section 2.2 above) and accepted by the Committee. 

  

	 	(b)	Subsequent Plan Years. For each succeeding Plan Year, an irrevocable deferral election for that Plan Year, and such other elections as the Committee deems necessary or
desirable under the Plan, shall be made by timely delivering to the Committee or its designated agent, in accordance with its rules and procedures, before the end of the Plan Year preceding the Plan Year for which the election is made, a new
Election Form. If no such Election Form is timely delivered for a Plan Year, the Annual Deferral Amount shall be zero for that Plan Year. 

  

 Plan Part B 
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 3.4 Withholding of Annual Deferral Amounts. For each Plan Year, the Base Annual Salary portion of the Annual
Deferral Amount shall be withheld from each regularly scheduled Base Annual Salary payroll in equal amounts, as adjusted from time to time for increases and decreases in Base Annual Salary. The Bonus, Director’s Fees, and/or Other Compensation
portion of the Annual Deferral Amount shall be withheld at the time the Bonus, Director’s Fees or Other Compensation, are or otherwise would be paid to the Participant, whether or not this occurs during the Plan Year itself. 
 3.5 Annual Company Matching Amount. For each Plan Year, the Company shall make a matching contribution to each Participant’s Company Matching Account using:
(a) the sum of the Participant’s total deferrals to this Plan for the Plan Year and his deferrals to the 401(k) Plan for the Plan Year of the 401(k) Plan that ends with or within such Plan Year; multiplied by (b) the matching
contribution formula set forth in the 401(k) Plan for the Plan Year of the 401(k) Plan that ends with or within such Plan Year (without regard to the 401(k) Plan’s limits on pre-tax deferrals or includable compensation); and then reduced by
(c) the amount of actual Company matching contributions to the 401(k) Plan for such Plan Year. If a Participant is not employed by an Employer, or is no longer providing services as a Director, as of the last day of a Plan Year other than by
reason of his or her Retirement or death, the Annual Company Matching Amount for such Plan Year shall be zero (0). The foregoing sentence shall not apply to grand fathered former participants in the US WEST Deferred Compensation Plan. In the event
of Retirement or death, a Participant shall be credited with the Annual Company Matching Amount for the Plan Year in which he or she Retires or dies. 
 3.6
Investment of Trust Assets. The Trustee of the Trust shall be authorized, upon written instructions received from the Committee or investment manager appointed by the Committee, to invest and reinvest the assets of the Trust in accordance
with the applicable Trust Agreement, including the disposition of stock and reinvestment of the proceeds in one or more investment vehicles designated by the Committee. 
 3.7 Vesting. A Participant shall at all times be 100% vested in his or her Deferral Account and his or her Company Matching Account. 
 3.8 Crediting/Debiting of Account Balances. In accordance with, and subject to, the rules and procedures that are established from time to time by the Committee, in its sole discretion, amounts shall be
credited or debited to a Participant’s Account Balance in accordance with the following rules: 
  

	 	(a)	 Election of Measurement Funds. A Participant, in connection with his or her initial deferral election in accordance with Section 3.3(a) above, shall
elect, on the Election Form, one or more Measurement Fund(s) (as 

  

 Plan Part B 
 -9- 

	 	 
described in Section 3.8(c) below) to be used to determine the additional amounts to be credited to his or her Account Balance for the first calendar
quarter or portion thereof in which the Participant commences participation in the Plan and continuing thereafter for each subsequent calendar quarter in which the Participant participates in the Plan, unless changed in accordance with the next
sentence. Commencing with the first calendar quarter that follows the Participant’s commencement of participation in the Plan and continuing thereafter for each subsequent calendar quarter in which the Participant participates in the Plan, no
later than the next to last business day of the calendar quarter, the Participant may (but is not required to) elect, by submitting an Election Form to the Committee or its designated agent that is accepted by the Committee, to add or delete one or
more Measurement Fund(s) to be used to determine the additional amounts to be credited to his or her Account Balance, or to change the portion of his or her Account Balance allocated to each previously or newly elected Measurement Fund. If an
election is made in accordance with the previous sentence, it shall apply to the next business day following the Committee’s acceptance of the revised election and continue thereafter for each subsequent calendar quarter in which the
Participant participates in the Plan, unless changed in accordance with the previous sentence. Notwithstanding the foregoing, the Committee may permit Participants to change the portions of their Account Balance allocated to Measurement Funds more
frequently than quarterly. 

  

	 	(b)	Proportionate Allocation. In making any election described in Section 3.8(a) above, the Participant shall specify on the Election Form, in increments of five percentage
points (5%), the percentage of his or her Account Balance to be allocated to a Measurement Fund (as if the Participant was making an investment in that Measurement Fund with that portion of his or her Account Balance). 

  

	 	(c)	Measurement Funds. The Participant may elect one or more of the measurement funds selected by the Committee (the “Measurement Funds”), for the purpose of crediting
additional amounts to his or her Account Balance. As necessary, the Committee may, in its sole discretion, discontinue, substitute or add a Measurement Fund. Each such action will take effect as of the date selected by the Committee, provided the
Committee gives Participants advance written notice of such change. 

  

	 	(d)	 Crediting or Debiting Method. The performance of each elected Measurement Fund (either positive or negative) will be determined by the Committee, in its
reasonable discretion, based on the performance of the 

  

 Plan Part B 
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Measurement Funds themselves. A Participant’s Account Balance shall be credited or debited on a daily basis based on the performance of each Measurement
Fund selected by the Participant, as determined by the Committee in its sole discretion, as though (i) a Participant’s Account Balance were invested in the Measurement Fund(s) selected by the Participant, in the percentages applicable to
such calendar quarter, as of the close of business on the first business day of such calendar quarter, at the closing price on such date; (ii) the portion of the Annual Deferral Amount that was actually deferred during any calendar quarter were
invested in the Measurement Fund(s) selected by the Participant, in the percentages applicable to such calendar quarter, no later than the close of business on the day on which such amounts are actually deferred from the Participant’s Base
Annual Salary through reductions in his or her payroll, at the closing price on such date; and (iii) any distribution made to a Participant that decreases such Participant’s Account Balance ceased being invested in the Measurement Fund(s),
in the percentages applicable to such calendar quarter, no earlier than one business day prior to the distribution, at the closing price on such date. The Participant’s Annual Company Matching Amount shall be credited to his or her Company
Matching Account for purposes of this Section 3.8(d) as of the close of business on the first business day in February of the Plan Year following the Plan Year to which it relates. Notwithstanding the foregoing, a Participant’s Account
Balance shall be credited or debited in a manner that appropriately reflects the Measurement Fund changes made by the Participant pursuant to Section 3.8(a) above. 

  

	 	(e)	No Actual Investment. Notwithstanding any other provision of this Plan that may be interpreted to the contrary, the Measurement Funds are to be used for measurement purposes
only, and a Participant’s election of any such Measurement Fund, the allocation to his or her Account Balance thereto, the calculation of additional amounts and the crediting or debiting of such amounts to a Participant’s Account Balance
shall not be considered or construed in any manner as an actual investment of his or her Account Balance in any such Measurement Fund. In the event that the Company or the Trustee (as that term is defined in the Trust), in its own discretion,
decides to invest funds in any or all of the Measurement Funds, no Participant shall have any rights in or to such investments themselves. Without limiting the foregoing, a Participant’s Account Balance shall at all times be a bookkeeping entry
only and shall not represent any investment made on his or her behalf by the Company or the Trust; the Participant shall at all times remain an unsecured creditor of the Company. 

  

 Plan Part B 
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 3.9 FICA and Other Taxes. 
  

	 	(a)	Annual Deferral Amounts. For each Plan Year in which an Annual Deferral Amount is being withheld from a Participant, the Participant’s Employer(s) shall withhold from
that portion of the Participant’s Base Annual Salary, Bonus and Commissions that is not being deferred, in a manner determined by the Employer(s), the Participant’s share of FICA and other employment taxes on such Annual Deferral Amount.
If necessary, the Committee may reduce the Annual Deferral Amount in order to comply with this Section 3.9. 

  

	 	(b)	Company Matching Amounts. For each Plan Year with respect to which a Participant receives an allocation of an Annual Company Matching Amount, the Participant’s
Employer(s) shall withhold from the Participant’s Base Annual Salary, Bonus and Commissions that is not being deferred, in a manner determined by the Employer(s), the Participant’s share of FICA and other employment taxes. If necessary,
the Committee may reduce the vested portion of the Participant’s Company Matching Account in order to comply with this Section 3.9. 

 3.10 Distributions. The Participant’s Employer(s), or the trustee of the Trust, shall withhold from any payments made to a Participant under this Plan all federal, state and local income, employment and other taxes required to
be withheld by the Employer(s), or the trustee of the Trust, in connection with such payments, in amounts and in a manner to be determined in the sole discretion of the Employer(s) and the trustee of the Trust. 
 3.11 Transfer of Deferred Compensation Account. The Committee may, in its sole discretion, permit the Employer(s) to establish an account balance for a
Participant under this Plan equal to a similar balance maintained for the Participant under a deferred compensation plan maintained by the Employer or a related entity, with the written consent of such Participant, in which event the account of the
Participant under such other deferred compensation plan shall be terminated. 
 ARTICLE 4 
 SHORT-TERM PAYOUT; UNFORESEEABLE FINANCIAL 
 EMERGENCIES; 
 WITHDRAWAL ELECTION 
 4.1 Short-Term Payout. In connection with each election to defer an Annual Deferral Amount, a Participant may irrevocably elect to receive a future “Short-Term Payout” from the 

  

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Plan with respect to such Annual Deferral Amount. Subject to the Deduction Limitation, the Short-Term Payout shall be a lump sum payment in an amount that is
equal to the Annual Deferral Amount plus amounts credited or debited in the manner provided in Section 3.8 above on that amount, determined at the time that the Short-Term Payout becomes payable (rather than the date of a Termination of
Employment). Subject to the Deduction Limitation and the other terms and conditions of this Plan, each Short-Term Payout elected shall be paid out during a 60 day period commencing immediately after the last day of any Plan Year designated by
the Participant that is at least three Plan Years after the Plan Year in which the Annual Deferral Amount is actually deferred. By way of example, if a three year Short-Term Payout is elected for Annual Deferral Amounts that are deferred in the Plan
Year commencing January 1, 1999, the three year Short-Term Payout would become payable during a 60 day period commencing January 1, 2003. 
 4.2
Other Benefits Take Precedence Over Short-Term. Should an event occur that triggers a benefit under Article 5, 6, 7 or 8, any Annual Deferral Amount, plus amounts credited or debited thereon, that is subject to a Short-Term Payout
election under Section 4.1 shall not be paid in accordance with Section 4.1 but shall be paid in accordance with the other applicable Article. 
 4.3 Withdrawal Payout/Suspensions for Unforeseeable Financial Emergencies. If the Participant experiences an Unforeseeable Financial Emergency, the Participant may petition the Committee to (i) suspend any deferrals required to
be made by a Participant and/or (ii) receive a partial or full payout from the Plan. The payout shall not exceed the lesser of the Participant’s Account Balance, calculated as if such Participant were receiving a Termination Benefit, or
the amount reasonably needed to satisfy the Unforeseeable Financial Emergency. If, subject to the sole discretion of the Committee, the petition for a suspension and/or payout is approved, suspension shall take effect upon the date of approval and
any payout shall be made within 60 days of the date of approval. The payment of any amount under this Section 4.3 shall not be subject to the Deduction Limitation. 
 4.4 Withdrawal Election. A Participant (or, after a Participant’s death, his or her Beneficiary) may elect, at any time, to withdraw all of his or her Account Balance, calculated as if there had occurred a
Termination of Employment as of the day of the election, less a withdrawal penalty equal to 10% of such amount (the net amount shall be referred to as the “Withdrawal Amount”). This election can be made at any time, before or after
Retirement, Disability, death or Termination of Employment, and whether or not the Participant (or Beneficiary) is in the process of being paid pursuant to an installment payment schedule. If made before Retirement, Disability or death, a
Participant’s Withdrawal Amount shall be his or her Account Balance calculated as if there had occurred a Termination of Employment as of the day of the election. No partial withdrawals of the Withdrawal Amount shall be allowed. The Participant
(or his or her Beneficiary) shall make this election by giving the Committee advance written notice of the election in a form determined from time to time by the Committee. The 

  

 Plan Part B 
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Participant (or his or her Beneficiary) shall be paid the Withdrawal Amount within 60 days of his or her election. Once the Withdrawal Amount is paid,
the Participant’s participation in the Plan shall terminate and the Participant shall not be eligible to participate in the Plan until two full consecutive Plan Years of non-participation have occurred. The payment of this Withdrawal Amount
shall not be subject to the Deduction Limitation. 
 ARTICLE 5 
 RETIREMENT BENEFIT 
 5.1 Retirement Benefit. Subject to the Deduction Limitation, a
Participant who Retires shall receive, as a Retirement Benefit, his or her Account Balance. 
 5.2 Payment of Retirement Benefit. A Participant, in
connection with his or her commencement of participation in the Plan, shall elect on an Election Form to receive the Retirement Benefit in a lump sum or pursuant to an Annual Installment Method of 5, 10 or 15 years. The Participant may annually
change his or her election to an allowable alternative payout period by submitting a new Election Form to the Committee or its designated agent, provided that any such Election Form is submitted at least one year prior to the Participant’s
Retirement and is accepted by the Committee in its sole discretion. The Election Form most recently accepted by the Committee shall govern the payout of the Retirement Benefit. If a Participant does not make any election with respect to the payment
of the Retirement Benefit, then such benefit shall be payable in a lump sum. The lump sum payment shall be made, or installment payments shall commence, no later than 60 days after the last day of the Plan Year in which the Participant Retires.
Any payment made shall be subject to the Deduction Limitation. 
 5.3 Death Prior to Completion of Retirement Benefit. If a Participant dies after
Retirement but before the Retirement Benefit is paid in full, the Participant’s unpaid Retirement Benefit payments shall continue and shall be paid to the Participant’s Beneficiary (a) over the remaining number of years and in the
same amounts as that benefit would have been paid to the Participant had the Participant survived, or (b) in a lump sum, if requested by the Beneficiary and allowed in the sole discretion of the Committee, that is equal to the
Participant’s unpaid remaining Account Balance. 
 ARTICLE 6 
 PRE-RETIREMENT SURVIVOR BENEFIT 
 6.1 Pre-Retirement Survivor Benefit. Subject to the
Deduction Limitation, the Participant’s Beneficiary shall receive a Pre-Retirement Survivor Benefit equal to the Participant’s Account Balance if the Participant dies before he or she Retires, experiences a Termination of Employment or
suffers a Disability. 
  

 Plan Part B 
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 6.2 Payment of Pre-Retirement Survivor Benefit. A Participant’s Pre-Retirement Survivor Benefit shall be paid
in a lump sum. Notwithstanding the foregoing, if the Participant’s Account Balance at the time of his or her death is more than $25,000, payment of the Pre-Retirement Survivor Benefit may be made, in the sole discretion of the Committee,
pursuant to an Annual Installment Method of not more than 5 years. Lump sum payment shall be made, or installment payments shall commence, no later than 60 days after the last day of the Plan Year in which the Committee is provided with proof that
is satisfactory to the Committee of the Participant’s death. Any payment made shall be subject to the Deduction Limitation. 
 ARTICLE
7 
 TERMINATION BENEFIT 
 7.1
Termination Benefit. Subject to the Deduction Limitation, the Participant shall receive a Termination Benefit, which shall be equal to the Participant’s Account Balance if a Participant experiences a Termination of Employment prior to
his or her Retirement, death or Disability. 
 7.2 Payment of Termination Benefit. The Committee, in its sole discretion, may cause the Termination
Benefit to be paid (1) in a lump sum, (2) when the short-term payout(s) would have otherwise been made or (3) pursuant to an Annual Installment Method of 5, 10 or 15 years. The lump sum payment shall be made, or installment payments
shall commence, no later than 60 days after the last day of the Plan Year in which the Participant experiences the Termination of Employment. Any payment made shall be subject to the Deduction Limitation. 
 For lump sum payments made within 60 days of the last day of the month of the Participant’s Termination of Employment, the Participant’s Account Balance will
be calculated as of the close of business on the last business day of the month of his or her Termination of Employment. 
 For lump sum payments made after
the 60-day period following the last day of the month of the Termination of Employment, the Account Balance payable will be calculated as of the close of business on the last business day of the month preceding the month in which the payment is
made. 
  

 Plan Part B 
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 ARTICLE 8 
 DISABILITY WAIVER AND BENEFIT 
 8.1 Disability Waiver. 
  

	 	(a)	Waiver of Deferral. A Participant who is determined by the Committee to be suffering from a Disability shall be excused from fulfilling that portion of the Annual Deferral
Amount commitment that would otherwise have been withheld from a Participant’s Base Annual Salary, Bonus and/or Director’s Fees for the Plan Year during which the Participant first suffers a Disability. During the period of Disability, the
Participant shall not be allowed to make any additional deferral elections, but will continue to be considered a Participant for all other purposes of this Plan. 

  

	 	(b)	Return to Work. If a Participant returns to employment, or service as a Director, with an Employer, after a Disability ceases, the Participant may elect to defer an Annual
Deferral Amount for the Plan Year following his or her return to employment or service and for every Plan Year thereafter while a Participant in the Plan; provided such deferral elections are otherwise allowed and an Election Form is delivered to
and accepted by the Committee, or its designated agent, for each such election in accordance with Section 3.3 above. 

 8.2 Continued
Eligibility; Disability Benefit. A Participant suffering a Disability shall, for benefit purposes under this Plan, continue to be considered to be employed, or in the service of an Employer as a Director, and shall be eligible for the benefits
provided for in Articles 4, 5, 6 or 7 in accordance with the provisions of those Articles. Notwithstanding the above, the Committee shall have the right to, in its sole and absolute discretion and for purposes of this Plan only, and must
in the case of a Participant who is otherwise eligible to Retire, deem the Participant to have experienced a Termination of Employment, or in the case of a Participant who is eligible to Retire, to have Retired, at any time (or in the case of a
Participant who is eligible to Retire, as soon as practicable) after such Participant is determined to be suffering a Disability, in which case the Participant shall receive a Disability Benefit equal to his or her Account Balance at the time of the
Committee’s determination; provided, however, that should the Participant otherwise have been eligible to Retire, he or she shall be paid in accordance with Article 5. Notwithstanding any election by the Participant pursuant to
Section 5.2 to the contrary, the Disability Benefit shall be paid in a lump sum within 60 days of the Committee’s exercise of such right. Any payment made shall be subject to the Deduction Limitation. 
  

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 ARTICLE 9 
 BENEFICIARY DESIGNATION 
 9.1 Beneficiary. Each Participant shall have the right, at any time, to designate
his or her Beneficiary(ies) (both primary as well as contingent) to receive any benefits payable under the Plan to a beneficiary upon the death of a Participant. The Beneficiary designated under this Plan may be the same as or different from the
Beneficiary designation under any other plan of an Employer in which the Participant participates. 
 9.2 Beneficiary Designation; Change; Spousal
Consent. A Participant shall designate his or her Beneficiary by completing and signing the Beneficiary Designation Form, and returning it to the Committee or its designated agent. A Participant shall have the right to change a Beneficiary by
completing, signing and otherwise complying with the terms of the Beneficiary Designation Form and the Committee’s rules and procedures, as in effect from time to time. If the Participant names someone other than his or her spouse as a
Beneficiary, a spousal consent, in the form designated by the Committee, must be signed by that Participant’s spouse and returned to the Committee or its designated agent. Upon the acceptance by the Committee of a new Beneficiary Designation
Form, all Beneficiary designations previously filed shall be canceled. The Committee shall be entitled to rely on the last Beneficiary Designation Form filed by the Participant and accepted by the Committee prior to his or her death. 
 9.3 Acknowledgment. No designation or change in designation of a Beneficiary shall be effective until received and acknowledged in writing by the Committee or its
designated agent. 
 9.4 No Beneficiary Designation. If a Participant fails to designate a Beneficiary as provided in Sections 9.1, 9.2 and 9.3
above or, if all designated Beneficiaries predecease the Participant or die prior to complete distribution of the Participant’s benefits, then the Participant’s designated Beneficiary shall be deemed to be his or her surviving spouse. If
the Participant has no surviving spouse, the benefits remaining under the Plan to be paid to a Beneficiary shall be payable to the executor or personal representative of the Participant’s estate. 
 9.5 Doubt as to Beneficiary. If the Committee has any doubt as to the proper Beneficiary to receive payments pursuant to this Plan, the Committee shall have the
right, exercisable in its discretion, to cause the Participant’s Employer to withhold such payments until this matter is resolved to the Committee’s satisfaction. 
 9.6 Discharge of Obligations. The payment of benefits under the Plan to a Beneficiary shall fully and completely discharge all Employers and the Committee from all further obligations under this Plan with
respect to the Participant, and that Participant’s Plan Agreement shall terminate upon such full payment of benefits. 
  

 Plan Part B 
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 ARTICLE 10 
 LEAVE OF ABSENCE 
 10.1 Paid Leave of Absence. If a Participant is authorized by the Participant’s
Employer for any reason to take a paid leave of absence from the employment of the Employer, the Participant shall continue to be considered employed by the Employer and the Annual Deferral Amount shall continue to be withheld during such paid leave
of absence in accordance with Section 3.3. 
 10.2 Unpaid Leave of Absence. If a Participant is authorized by the Participant’s Employer for
any reason to take an unpaid leave of absence from the employment of the Employer, the Participant shall continue to be considered employed by the Employer and the Participant shall be excused from making deferrals until the earlier of the date the
leave of absence expires or the Participant returns to a paid employment status. Upon such expiration or return, deferrals shall resume for the remaining portion of the Plan Year in which the expiration or return occurs, based on the deferral
election, if any, made for that Plan Year. If no election was made for that Plan Year, no deferral shall be withheld. 
 ARTICLE 11 

 TERMINATION, AMENDMENT OR MODIFICATION 
 11.1 Termination. Although each Employer anticipates that it will continue the Plan for an indefinite period of time, there is no guarantee that any Employer will continue the Plan or will not terminate the Plan at any time in the
future. Accordingly, each Employer reserves the right to discontinue its sponsorship of the Plan and/or to terminate the Plan at any time with respect to any or all of its participating Employees and Directors, by action of its board of directors.
Upon the termination of the Plan with respect to any Employer, the Plan Agreements of the affected Participants who are employed by that Employer, or in the service of that Employer as Directors, shall terminate and their Account Balances,
determined as if they had experienced a Termination of Employment on the date of Plan termination or, if Plan termination occurs after the date upon which a Participant was eligible to Retire, then with respect to that Participant as if he or she
had Retired on the date of Plan termination, shall be paid to the Participants as follows: Prior to a Change in Control, if the Plan is terminated with respect to all of its Participants, an Employer shall have the right, in its sole discretion, and
notwithstanding any elections made by the Participant, to pay such benefits in a lump sum or pursuant to an Annual Installment Method of up to 15 years, with amounts credited and debited during the installment period as provided herein. If the
Plan is terminated with respect to less than all of its Participants, an Employer shall be required to pay such benefits in a lump sum. After a Change in Control, the Employer shall be required to pay such benefits in a lump sum. The termination of
the Plan shall not adversely 

  

 Plan Part B 
 -18- 

 
affect any Participant or Beneficiary who has become entitled to the payment of any benefits under the Plan as of the date of termination; provided however,
that the Employer shall have the right to accelerate installment payments without a premium or prepayment penalty by paying the Account Balance in a lump sum or pursuant to an Annual Installment Method using fewer years (provided that the present
value of all payments that will have been received by a Participant at any given point of time under the different payment schedule shall equal or exceed the present value of all payments that would have been received at that point in time under the
original payment schedule). 
 11.2 Amendment. Any Employer may, at any time, amend or modify the Plan in whole or in part with respect to that
Employer by the action of its board of directors; provided, however, that: (i) no amendment or modification shall be effective to decrease or restrict the value of a Participant’s Account Balance in existence at the time the amendment or
modification is made, calculated as if the Participant had experienced a Termination of Employment as of the effective date of the amendment or modification or, if the amendment or modification occurs after the date upon which the Participant was
eligible to Retire, the Participant had Retired as of the effective date of the amendment or modification, and (ii) no amendment or modification of this Section 11.2 or Section 12.2 of the Plan shall be effective. The amendment or
modification of the Plan shall not affect any Participant or Beneficiary who has become entitled to the payment of benefits under the Plan as of the date of the amendment or modification; provided, however, that the Employer shall have the right to
accelerate installment payments by paying the Account Balance in a lump sum or pursuant to an Annual Installment Method using fewer years (provided that the present value of all payments that will have been received by a Participant at any given
point of time under the different payment schedule shall equal or exceed the present value of all payments that would have been received at that point in time under the original payment schedule). 
 11.3 Plan Agreement. Despite the provisions of Sections 11.1 and 11.2 above, if a Participant’s Plan Agreement contains benefits or limitations that are
not in this Plan document, the Employer may only amend or terminate such provisions with the consent of the Participant. 
 11.4 Effect of Payment.
The full payment of the applicable benefit under Articles 4, 5, 6, 7 or 8 of the Plan shall completely discharge all obligations to a Participant and his or her designated Beneficiaries under this Plan and the Participant’s Plan Agreement
shall terminate. 
 ARTICLE 12 
 ADMINISTRATION 
 12.1 Committee Duties. Except as otherwise provided in this Article 12, this Plan shall be administered by a
Committee which shall consist of the Board, or such committee as the Board 

  

 Plan Part B 
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shall appoint. Members of the Committee may be Participants under this Plan. The Committee shall also have the discretion and authority to (i) make,
amend, interpret, and enforce all appropriate rules and regulations for the administration of this Plan and (ii) decide or resolve any and all questions including interpretations of this Plan, as may arise in connection with the Plan. Any
individual serving on the Committee who is a Participant shall not vote or act on any matter relating solely to himself or herself. When making a determination or calculation, the Committee shall be entitled to rely on information furnished by a
Participant or the Company. 
 12.2 Administration Upon Change In Control. For purposes of this Plan, the Company shall be the
“Administrator” at all times prior to the occurrence of a Change in Control. Upon and after the occurrence of a Change in Control, the “Administrator” shall be an independent third party selected by the Trustee and approved by
the individual who, immediately prior to such event, was the Company’s Chief Executive Officer or, if not so identified, the Company’s highest ranking officer (the “Ex-CEO”). The Administrator shall have the discretionary power
to determine all questions arising in connection with the administration of the Plan and the interpretation of the Plan and Trust including, but not limited to benefit entitlement determinations; provided, however, upon and after the occurrence of a
Change in Control, the Administrator shall have no power to direct the investment of Plan or Trust assets or select any investment manager or custodial firm for the Plan or Trust. Upon and after the occurrence of a Change in Control, the Company
must: (1) pay all reasonable administrative expenses and fees of the Administrator; (2) indemnify the Administrator against any costs, expenses and liabilities including, without limitation, attorney’s fees and expenses arising in
connection with the performance of the Administrator hereunder, except with respect to matters resulting from the gross negligence or willful misconduct of the Administrator or its employees or agents; and (3) supply full and timely information
to the Administrator or all matters relating to the Plan, the Trust, the Participants and their Beneficiaries, the Account Balances of the Participants, the date of circumstances of the Retirement, Disability, death or Termination of Employment of
the Participants, and such other pertinent information as the Administrator may reasonably require. Upon and after a Change in Control, the Administrator may be terminated (and a replacement appointed) by the Trustee only with the approval of the
Ex-CEO. Upon and after a Change in Control, the Administrator may not be terminated by the Company. 
 12.3 Agents. In the administration of this
Plan, the Committee may, from time to time, employ agents and delegate to them such administrative duties as it sees fit (including acting through a duly appointed representative) and may from time to time consult with counsel who may be counsel to
any Employer. 
 12.4 Binding Effect of Decisions. The decision or action of the Administrator with respect to any question arising out of or in
connection with the administration, interpretation and application of the Plan and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Plan. 
  

 Plan Part B 
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 12.5 Indemnity of Committee. All Employers shall indemnify and hold harmless the members of the Committee, any
Employee to whom the duties of the Committee may be delegated, and the Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Plan, except in the case of
willful misconduct by the Committee, any of its members, any such Employee or the Administrator. 
 12.6 Employer Information. To enable the Committee
and/or Administrator to perform its functions, the Company and each Employer shall supply full and timely information to the Committee and/or Administrator, as the case may be, on all matters relating to the compensation of its Participants, the
date and circumstances of the Retirement, Disability, death or Termination of Employment of its Participants, and such other pertinent information as the Committee or Administrator may reasonably require. 
 ARTICLE 13 
 OTHER BENEFITS AND
AGREEMENTS 
 13.1 Coordination with Other Benefits. The benefits provided for a Participant and Participant’s Beneficiary under the Plan are
in addition to any other benefits available to such Participant under any other plan or program for employees of the Participant’s Employer. The Plan shall supplement and shall not supersede, modify or amend any other such plan or program
except as may otherwise be expressly provided. 
 ARTICLE 14 
 CLAIMS PROCEDURES 
 14.1 Presentation of Claim. Any Participant or Beneficiary of a
deceased Participant (such Participant or its designated agent or Beneficiary being referred to below as a “Claimant”) may deliver to the Committee or its designated agent a written claim for a determination with respect to the amounts
distributable to such Claimant from the Plan. If such a claim relates to the contents of a notice received by the Claimant, the claim must be made within 60 days after such notice was received by the Claimant. All other claims must be made
within 180 days of the date on which the event that caused the claim to arise occurred. The claim must state with particularity the determination desired by the Claimant. 
 14.2 Notification of Decision. The Committee shall consider a Claimant’s claim within a reasonable time, but no later than 90 days after receipt of the claim by the Committee, unless the Committee
determines that special circumstances require an extension of time for processing the claim, and shall notify the Claimant in writing: 
  

	 	(a)	that the Claimant’s requested determination has been made, and that the claim has been allowed in full; or 

  

 Plan Part B 
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	 	(b)	that the Committee has reached a conclusion contrary, in whole or in part, to the Claimant’s requested determination, and such notice must set forth in a manner calculated to
be understood by the Claimant: 

  

	 	(i)	the specific reason(s) for the denial of the claim, or any part of it; 

  

	 	(ii)	specific reference(s) to pertinent provisions of the Plan upon which such denial was based; 

  

	 	(iii)	a description of any additional material or information necessary for the Claimant to perfect the claim, and an explanation of why such material or information is necessary; and

  

	 	(iv)	an explanation of the claim review procedure set forth in Section 14.3 below. 

 If the Committee determines that special circumstances warrant an extension of time, written notice of the extension shall be furnished to the Claimant prior to the termination of the initial 90-day period. In no
event shall such extension exceed a period of 90 days from the end of such initial period. The extension notice shall indicate the special circumstances requiring an extension of time and the date by which the Committee expects to render the
benefit determination. 
 14.3 Review of a Denied Claim. Within 60 days after receiving a notice from the Committee that a claim has been denied,
in whole or in part, a Claimant (or the Claimant’s duly authorized representative) may file with the Committee a written request for a review of the denial of the claim. Thereafter, but not later than 30 days after the review procedure
began, the Claimant (or the Claimant’s duly authorized representative): 
  

	 	(a)	may review pertinent documents; 

  

	 	(b)	may submit written comments or other documents; and/or 

  

	 	(c)	may request a hearing, which the Committee, in its sole discretion, may grant. 

  

 Plan Part B 
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 14.4 Decision on Review. The Committee shall render its decision on review promptly, and not later than
60 days after the filing of a written request for review of the denial, unless a hearing is held or other special circumstances require additional time, in which case the Committee’s decision must be rendered within 120 days after
such date. Such decision must be written in a manner calculated to be understood by the Claimant, and it must contain: 
  

	 	(a)	specific reasons for the decision; 

  

	 	(b)	specific reference(s) to the pertinent Plan provisions upon which the decision was based; 

  

	 	(c)	a statement that the Claimant is entitled to review, free of charge, all documents relating to the claim; and 

  

	 	(d)	a statement describing any voluntary appeals procedures and the Claimant’s right to information about such procedures. 

 14.5 Legal Action. A Claimant’s compliance with the foregoing provisions of this Article 14 is a mandatory prerequisite to a Claimant’s right to
commence any legal action with respect to any claim for benefits under this Plan. 
 ARTICLE 15 
 TRUST 
 15.1 Establishment of the Trust. The
Company shall establish the Trust, and each Employer shall at least annually transfer over to the Trust such assets as the Employer determines, in its sole discretion, are necessary to provide, on a present value basis, for its respective future
liabilities created with respect to the Annual Deferral Amounts, Annual Company Contribution Amounts, and Company Matching Amounts for such Employer’s Participants for all periods prior to the transfer, as well as any debits and credits to the
Participants’ Account Balances for all periods prior to the transfer, taking into consideration the value of the assets in the trust at the time of the transfer. 
 15.2 Interrelationship of the Plan and the Trust. The provisions of the Plan and the Plan Agreement shall govern the rights of a Participant to receive distributions pursuant to the Plan. The provisions of the
Trust shall govern the rights of the Employers, Participants and the creditors of the Employers to the assets transferred to the Trust. Each Employer shall at all times remain liable to carry out its obligations under the Plan. 
  

 Plan Part B 
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 15.3 Distributions From the Trust. Each Employer’s obligations under the Plan may be satisfied with Trust
assets distributed pursuant to the terms of the Trust, and any such distribution shall reduce the Employer’s obligations under this Plan. 
 ARTICLE 16 
 MISCELLANEOUS 
 16.1 Status of Plan. The Plan is intended to be a plan that is not qualified within the meaning of Code Section 401(a) and that “is unfunded and is maintained by an employer primarily for the purpose of providing deferred
compensation for a select group of management or highly compensated employee” within the meaning of ERISA Sections 201(2), 301(a)(3) and 401(a)(1). The Plan shall be administered and interpreted to the extent possible in a manner
consistent with that intent. 
 16.2 Unsecured General Creditor. Participants and their Beneficiaries, heirs, successors and assigns shall have no
legal or equitable rights, interests or claims in any property or assets of an Employer. For purposes of the payment of benefits under this Plan, any and all of an Employer’s assets shall be, and remain, the general, unpledged unrestricted
assets of the Employer. An Employer’s obligation under the Plan shall be merely that of an unfunded and unsecured promise to pay money in the future. 
 16.3 Employer’s Liability. An Employer’s liability for the payment of benefits shall be defined only by the Plan and the Plan Agreement, as entered into between the Employer and a Participant. An Employer shall have no
obligation to a Participant under the Plan except as expressly provided in the Plan and his or her Plan Agreement. 
 16.4 Nonassignability. Neither a
Participant nor any other person shall have any right to commute, sell, assign, transfer, pledge, anticipate, mortgage or otherwise encumber, transfer, hypothecate, alienate or convey in advance of actual receipt, the amounts, if any, payable
hereunder, or any part thereof, which are, and all rights to which are expressly declared to be, unassignable and non-transferable. No part of the amounts payable shall, prior to actual payment, be subject to seizure, attachment, garnishment or
sequestration for the payment of any debts, judgments, alimony or separate maintenance owed by a Participant or any other person, be transferable by operation of law in the event of a Participant’s or any other person’s bankruptcy or
insolvency or be transferable to a spouse as a result of a property settlement or otherwise. 
 16.5 Not a Contract of Employment. The terms and
conditions of this Plan shall not be deemed to constitute a contract of employment between any Employer and the Participant. Such employment is hereby acknowledged to be an “at will” employment relationship that can be terminated at any
time for any reason, or no reason, with or without cause, and with or without 

  

 Plan Part B 
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notice, unless expressly provided in a written employment agreement. Nothing in this Plan shall be deemed to give a Participant the right to be retained in
the service of any Employer, either as an Employee or a Director, or to interfere with the right of any Employer to discipline or discharge the Participant at any time. 
 16.6 Furnishing Information. A Participant or his or her Beneficiary will cooperate with the Committee by furnishing any and all information requested by the Committee and take such other actions as may be
requested in order to facilitate the administration of the Plan and the payments of benefits hereunder, including but not limited to taking such physical examinations as the Committee may deem necessary. 
 16.7 Terms. Whenever any words are used herein in the masculine, they shall be construed as though they were in the feminine in all cases where they would so
apply; and whenever any words are used herein in the singular or in the plural, they shall be construed as though they were used in the plural or the singular, as the case may be, in all cases where they would so apply. 
 16.8 Captions. The captions of the articles, sections and paragraphs of this Plan are for convenience only and shall not control or affect the meaning or
construction of any of its provisions. 
 16.9 Governing Law. Subject to ERISA, the provisions of this Plan shall be construed and interpreted
according to the internal laws of the State of Colorado without regard to its conflicts of laws principles. 
 16.10 Notice. Any notice or filing
required or permitted to be given to the Committee under this Plan shall be sufficient if in writing and hand-delivered, or sent by registered or certified mail, to the address below: 
 Qwest Communications International Inc. 
 555 17th Street 
 Floor 22

 Denver, CO 80202 
 Attn: Debbie
Colia 
 Telephone: 303-992-5943 
 Facsimile: 303-992-1632
 E-Mail: Debbie.Colia@qwest.com 
 Such notice shall be deemed given as of the date of delivery or, if delivery is made by mail, as of the date shown on the postmark on the receipt for registration or certification. Any notice or filing required or
permitted to be given to a Participant under this Plan shall be sufficient if in writing and hand-delivered, or sent by mail, to the last known address of the Participant. 
  

 Plan Part B 
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 16.11 Successors. The provisions of this Plan shall bind and inure to the benefit of the Participant’s
Employer and its successors and assigns and the Participant and the Participant’s designated Beneficiaries. 
 16.12 Spouse’s Interest. The
interest in the benefits hereunder of a spouse of a Participant who has predeceased the Participant shall automatically pass to the Participant and shall not be transferable by such spouse in any manner, including but not limited to such
spouse’s will, nor shall such interest pass under the laws of intestate succession. 
 16.13 Validity. In case any provision of this Plan shall
be illegal or invalid for any reason, said illegality or invalidity shall not affect the remaining parts hereof, but this Plan shall be construed and enforced as if such illegal or invalid provision had never been inserted herein. 
 16.14 Incompetent. If the Committee determines in its discretion that a benefit under this Plan is to be paid to a minor, a person declared incompetent or to a
person incapable of handling the disposition of that person’s property, the Committee may direct payment of such benefit to the guardian, legal representative or person having the care and custody of such minor, incompetent or incapable person.
The Committee may require proof of minority, incompetence, incapacity or guardianship, as it may deem appropriate prior to distribution of the benefit. Any payment of a benefit shall be a payment for the account of the Participant and the
Participant’s Beneficiary, as the case may be, and shall be a complete discharge of any liability under the Plan for such payment amount. 
 16.15
Court Order. The Committee is authorized to make any payments directed by court order in any action in which the Plan or the Committee has been named as a party. In addition, if a court determines that a spouse or former spouse of a
Participant has an interest in the Participant’s benefits under the Plan in connection with a property settlement or otherwise, the Committee, in its sole discretion, shall have the right, notwithstanding any election made by a Participant, to
immediately distribute the spouse’s or former spouse’s interest in the Participant’s benefits under the Plan to that spouse or former spouse. 
 16.16 Distribution in the Event of Taxation. 
  

	 	(a)	 In General. If, for any reason, all or any portion of a Participant’s benefits under this Plan becomes subject to federal income tax with respect to the
Participant prior to receipt, a Participant may petition the Committee before a Change in Control, or the trustee of the Trust after a Change in Control, for a distribution of that portion of his or her benefit that has become taxable. Upon the
grant of such a petition, which grant shall not be unreasonably withheld (and, after a Change in Control, shall be granted), a Participant’s Employer shall distribute to the Participant immediately available funds in an amount equal to the
taxable portion of his or her benefit (which amount shall not exceed a Participant’s unpaid 

  

 Plan Part B 
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Account Balance under the Plan). If the petition is granted, the tax liability distribution shall be made within 90 days of the date when the
Participant’s petition is granted. Such a distribution shall affect and reduce the benefits to be paid under this Plan. 

  

	 	(b)	Trust. If the Trust terminates in accordance with Section 3.6(e) of the Trust and benefits are distributed from the Trust to a Participant in accordance with that
Section, the Participant’s benefits under this Plan shall be reduced to the extent of such distributions. 

 16.17 Insurance. The
Employers, on their own behalf or on behalf of the trustee of the Trust, and, in their sole discretion, may apply for and procure insurance on the life of the Participant, in such amounts and in such forms as the Company may choose. The Employers or
the trustee of the Trust, as the case may be, shall be the sole owner and beneficiary of any such insurance. The Participant shall have no interest whatsoever in any such policy or policies, and at the request of the Employers shall submit to
medical examinations and supply such information and execute such documents as may be required by the insurance company or companies to whom the Employers have applied for insurance. 
 16.18 Legal Fees To Enforce Rights After Change in Control. The Company and each Employer is aware that upon the occurrence of a Change in Control, the Board or the board of directors of a Participant’s
Employer (which might then be composed of new members) or a shareholder of the Company or the Participant’s Employer, or of any successor corporation might then cause or attempt to cause the Company, the Participant’s Employer or such
successor to refuse to comply with its obligations under the Plan and might cause or attempt to cause the Company or the Participant’s Employer to institute, or may institute, litigation seeking to deny Participants the benefits intended under
the Plan. In these circumstances, the purpose of the Plan could be frustrated. Accordingly, if, following a Change in Control, it should appear to any Participant that the Company, the Participant’s Employer or any successor corporation has
failed to comply with any of its obligations under the Plan or any agreement thereunder or, if the Company, such Employer or any other person takes any action to declare the Plan void or unenforceable or institutes any litigation or other legal
action designed to deny, diminish or to recover from any Participant the benefits intended to be provided, then the Company and the Participant’s Employer irrevocably authorize such Participant to retain counsel of his or her choice at the
expense of the Company and the Participant’s Employer (who shall be jointly and severally liable) to represent such Participant in connection with the initiation or defense of any litigation or other legal action, whether by or against the
Company, the Participant’s Employer or any director, officer, shareholder or other person affiliated with the Company, the Participant’s Employer or any successor thereto in any jurisdiction. 
  

 Plan Part B 
 -27-

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