Document:

3rd Amendment to PS Plan

BMC INDUSTRIES, INC.

SAVINGS AND PROFIT SHARING PLAN

2001 REVISION

 

Third Declaration of Amendment

 

Pursuant to the
retained power of amendment contained in Section 11.2 of the BMC Industries,
Inc. Savings and Profit Sharing Plan - 2001 Revision, the Plan is amended in
the manner set forth below to reflect certain provisions of the Economic Growth
and Tax Relief Reconciliation Act of 2001 ("EGTRRA").  This amendment is intended as good faith
compliance with the requirements of EGTRRA and is to be construed in accordance
with EGTRRA and Treasury Regulations. 
Except as this amendment provides otherwise, this amendment will be
effective as of January 1, 2002.  This
amendment will supersede the provisions of the Plan to the extent those
provisions are inconsistent with the provisions of this amendment.

 

1)     Effective for limitation years beginning
after December 31, 2001, the aggregate annual additions that may be contributed
or allocated to a Participant's account under the Plan for any Plan Year will
not exceed the lesser of:

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

(b)  100 percent of the Participant's Section
415 Wages for the Plan Year.  The
compensation limit referred to in this clause (b) will not apply to any contribution
for medical benefits after separation from service (within the meaning of Code
sections 401(h) or 419A(f)(2)) that is otherwise treated as an annual addition.

2)     The Eligible earnings and Testing Wages
of a Participant taken into account for any Plan Year beginning after December
31, 2001, will not exceed $200,000, as adjusted for cost-of-living increases in
accordance with Code section 401(a)(17)(B). 
The cost-of-living adjustment in effect for a calendar year applies to
Eligible Earnings and Testing Wages for the determination period that begins
with or within such calendar year.

3)     The term "key employee" means
any employee or former employee (including any deceased employee) who, at any
time during the Plan Year that includes the determination date, was an officer
of an Affiliated Organization having annual compensation greater than $130,000
(as adjusted under Code section 416(i)(1) for Plan Years beginning after
December 31, 2002), a 5-percent owner of the Affiliated Organization, or a
1-percent owner of the Affiliated Organization having annual compensation of
more than $150,000.  For this purpose
annual compensation means compensation within the meaning of Code section
415(c)(3).  The determination of key
employees will be made in accordance with Code section 416(i)(1) of the Code
and Treasury Regulations.

4)     In determining if the Plan is a top-heavy
plan, the present values of accrued benefits and the amounts of account
balances of an employee as of the determination date will be increased by the
distributions made with respect to the employee under the Plan and any plan
aggregated with the Plan under Code section 416(g)(2) during the 1-year period
ending on the determination date.  The
preceding sentence will also apply to distributions under a termination plan
which, had it not been terminated, would have been aggregated with the Plan
under Code section 416(g)(2)(A)(i).  If
a distribution is made for a reason other than separation from service, death,
or disability, this provision will be applied by substituting "5-year
period" for "1-year period." 
The accrued benefits and accounts of any individual who has not
performed services for the Affiliated Organization during the 1-year period
ending on the determination date will not be taken into account.

5)     If the Plan is a top-heavy plan, Matching
Contributions will be taken into account for purposes of satisfying the minimum
contribution requirements of Code section 416(c)(2) and the Plan.  The preceding sentence will apply with
respect to Matching Contributions under the Plan or, if the Plan provides that
the minimum contribution requirement will be met in another plan, such other
plan.  Matching Contributions that are
used to satisfy the minimum contribution requirements will be treated as
matching contributions for purposes of the actual contribution percentage test
and other requirements of Code section 401(m).

6)     Effective for distributions made after
December 31, 2001, for purposes of the direct rollover provisions in Section
8.7, an eligible retirement plan will also mean an annuity contract described
in Code section 403(b) and an eligible plan under Code section 457(b) that is
maintained by a state, political subdivision of a state, or any agency or
instrumentality of a state or political subdivision of a state and that agrees
to separately account for amounts transferred into such plan from this
Plan.  The definition of eligible
retirement plan will also apply in the case of a distribution to a surviving
spouse, or to a spouse or former spouse who is the alternate payee under a
qualified domestic relation order, as defined in Code section 414(p).  No amount that is distributed on account of
hardship will be an eligible rollover distribution, and the distribute may not
elect to have any portion of such a distribution paid directly to an eligible
retirement plan.

7)     A portion of a distribution will not fail
to be an Eligible Rollover Distribution merely because the portion consists of
After-Tax Contributions that are not includible in gross income.  However, such portion may be transferred
only to an individual retirement account or annuity described in section 408(a)
or (b) of the Code or to a qualified defined 
contribution plan described in section 401(a) or 403(a) of the Code that
agrees to separately account for amounts so transferred, including separately
accounting for the portion of such distribution that is includible in gross
income and the portion of such distribution that is not so includible.

8)     The plan will accept Rollover
contributions of Eligible Rollover Distributions made after December 31, 2001,
from:

(a)   a qualified plan described in Code
section 401(a) or 403(a), excluding after-tax employee contributions;

(b)  an annuity contract described in Code
section 403(b), excluding after-tax employee contributions; or

(c)   an eligible plan under Code section
457(b) that is maintained by a state, political subdivision of a state, or any
agency or instrumentality of a state or political subdivision of a state.

9)     The Plan will not accept a participant
rollover contribution of the portion of a distribution from an individual
retirement account or annuity described in section 408(a) or 408(b) of the Code
that is eligible to be rolled over and would otherwise be includible in gross
income, other than such an account or annuity that is solely a conduit for
distributions from a qualified retirement plan, excluding after-tax employee
contributions.

10)For purposes of Section 8.1(a)
(involuntary distribution of vested Accounts of $5,000 or less), the value of a
Participant's no forfeitable Account balances will be determined without regard
to that portion of the Account balances that is attributable to a Participant's
Profit Sharing Plan Rollover Account and Rollover contributions (and earnings
allocable thereto) within the meaning of sections 402(c), 403(a)(4), 403(b)(8),
408(d)(3)(A)(ii), and 457(e)(16) of the Code.

11)The multiple use test described in
Treasury Regulation section 1.401(m)-2 and Section 9.4 will not apply.

12)The top-heavy requirements of Code
section 416 and Section 13.3 will not apply in any year beginning after
December 31, 2001, in which the Plan consists solely of a cash or deferred
arrangement which meets the design-based safe harbor alternative requirements
of Code section 401(k)(12) and Matching Contributions with respect to which the
design-based safe harbor alternative requirements of Code section 401(m)(11)
are met.

13)A Participant who receives a hardship
withdrawal of 401(k) Contributions after December 31, 2001, will be prohibited
from making 401(k) Contributions and After-Tax Contributions under this Plan
and elective deferrals and after-tax employee contributions under any other
plans maintained by any Affiliated Organization for 6 months after receipt of
the hardship withdrawal.

14)A Participant's vested Account balances
will become distributable following the Participant's severance from employment
with all Affiliated Organizations.  Such
a distribution will be subject to the other provisions of the Plan regarding distributions,
other than provisions that require a separation from service before such
amounts may be distributed.

IN WITNESS
WHEREOF, the undersigned has caused this instrument to be executed this 31st
day of December, 2002.

 

                                                                                    BMC
INDUSTRIES, INC.

 

Attest:  /s/Jon A. Dobson                                            by:  /s/Susan Linzmeier

            Secretary                                                         its: V.P.
Human ResourcesBMSP Lease Termination Letter

BMC Buckbee-Mears St.
Paul

A unit of BMC
Industries, Inc.

278 East 7th
Street

St. Paul, MN 55101

(651) 228-6400 /
(800)BMC-Etch

Fax (651) 228-6541

 

 

 

January 14, 2003

 

Mr. Henry Zaidan

President

GMT Corporation

245 E. Sixth Street

St. Paul, MN  55101-1918

 

Dear Henry,

 

Please accept this letter as official notice that
Buckbee-Mears will terminate the lease for the PS-3 space on February 28, 2003.

 

Please contact me if you have any questions.

 

Sincerely,

 

/s/Dennis Malecek

 

Dennis Malacek

Director of Operations

651-228-6471ARTICLE I

 

 

 

 

 

THE SEVENTH RESTATED

GRAPHIC COMMUNICATIONS INTERNATIONAL
UNION,

TWIN CITIES LOCAL 6A -

BUCKBEE-MEARS PENSION PLAN

Generally Effective January 1, 2001

 

 

 

 

TABLE OF CONTENTS

 NAME AND HISTORY OF
PLAN...........................................................................................
1

    Section
1.1..................................................................................................................................
1

 

ARTICLE
II....................................................................................................................................
1

   
DEFINITIONS...........................................................................................................................
1

    Section 2.1..................................................................................................................................
1

    Section 2.2 - Accrual
Service......................................................................................................
1

    Section 2.3 - Accrued
Benefit......................................................................................................
3

    Section 2.4 - Actuarial
Equivalent................................................................................................
4

    Section 2.5 - Actuary..................................................................................................................
4

    Section 2.6 - Beneficiary..............................................................................................................
4

    Section 2.7
-  Break in Service....................................................................................................
5

    Section 2.8 - Code......................................................................................................................
5

    Section 2.9 - Collective
Bargaining Agreement.............................................................................
5

    Section 2.10 - Company..............................................................................................................
6

    Section 2.11 - Computation
Periods............................................................................................
6

    Section 2.12 - Effective
Date.......................................................................................................
6

    Section 2.13 - Eligibility
and Vesting Service................................................................................
6

    Section 2.14 - Eligible
Employee..................................................................................................
7

    Section 2.15 - Employer..............................................................................................................
8

    Section 2.16 - Employment
Commencement Date........................................................................
8

    Section 2.17 - ERISA.................................................................................................................
8

    Section 2.18 - Fiduciary..............................................................................................................
8

    Section 2.19
-  Former Plan.........................................................................................................
8

    Section 2.20 - Hours
Worked.....................................................................................................
8

    Section 2.21 - Normal
Retirement Date.......................................................................................
8

    Section 2.22 - Normal
Retirement Age......................................................................................
11

    Section 2.23 - PBGC................................................................................................................
11

    Section 2.24 - Participant..........................................................................................................
11

    Section 2.25 - Plan....................................................................................................................
11

    Section 2.26 - Plan
Administrator..............................................................................................
11

    Section 2.27 - Plan
Anniversary Date.........................................................................................
11

    Section 2.28 - Plan
Year...........................................................................................................
11

    Section 2.29 - Re-Employment
Commencement Date................................................................
11

    Section 2.30 - Retirement
Fund.................................................................................................
12

    Section 2.31 - Termination
of Employment.................................................................................
12

    Section 2.32 - Trustees..............................................................................................................
12

    Section 2.33 - Union.................................................................................................................
12

    Section 2.34- Vesting................................................................................................................
12

 

ARTICLE
III................................................................................................................................
12

    EMPLOYEE
PARTICIPATION..............................................................................................
12

    Section 3.1 - Eligibility
for Participation......................................................................................
12

    Section 3.2 - Transfer
to Eligible Employee Status......................................................................
13

    Section 3.3 - Re-Employment
after a Break in Service...............................................................
13

    Section 3.4 - Preservation
of Pre-Break Service........................................................................
13

 

ARTICLE
IV................................................................................................................................
14

   
BENEFITS...............................................................................................................................
14

    Section 4.1 - Normal
Retirement Benefit Formula.......................................................................
14

    Section 4.2 - Accrued
Benefit....................................................................................................
14

    Section 4.3 - Early
Retirement Benefit........................................................................................
14

    Section 4.4 - Benefit
Upon Other Termination of Employment....................................................
15

    Section 4.5 - Early
Commencement of Benefits..........................................................................
15

    Section 4.6 - Minimum
Benefit...................................................................................................
16

    Section 4.7 - Benefits
that Matured Prior to the Effective Date....................................................
16

    Section 4.8 - Non-Duplication
of Benefits..................................................................................
16

    Section 4.9 - Optional
Forms of Benefit Payments......................................................................
16

    Section 4.10 - Qualified
Joint and Survivor Annuity....................................................................
17

    Section 4.11 - Pre-Retirement
Spouse Annuity...........................................................................
18

    Section 4.12 - Payment
of Small Amounts..................................................................................
20

    Section 4.13 - No
Other Benefits...............................................................................................
21

    Section 4.14 - Maximum
Benefits..............................................................................................
21

    Section 4.15 - Death
Benefit......................................................................................................
21

    Section 4.16 - Manner
of Election - Revocation for Joint and Survivor Annuity - 

    Normal
Retirement Age.............................................................................................................
22

 

ARTICLE
V..................................................................................................................................
23

    PLAN
FINANCING................................................................................................................
23

    Section 5.1 - Contributions........................................................................................................
23

 

ARTICLE
VI................................................................................................................................
23

    ACTUARY...............................................................................................................................
23

    Section 6.1 - Appointment
and Duties........................................................................................
23

    Section 6.2 - Successors...........................................................................................................
24

 

ARTICLE
VII...............................................................................................................................
24

   
ADMINISTRATION...............................................................................................................
24

    Section 7.1 - Allocation
of Responsibility Among Fiduciaries for Plan and Retirement 

    Fund
Administration...................................................................................................................
24

    Section 7.2 - Facility
of Payment................................................................................................
24

    Section 7.3 - Discretionary
Authority.........................................................................................
25

 

ARTICLE
VIII.............................................................................................................................
25

   
MISCELLANEOUS.................................................................................................................
25

    Section 8.1 - Non-Guarantee
of Employment.............................................................................
25

    Section 8.2 - Rights
to Retirement Fund Assets..........................................................................
25

    Section 8.3 - Non-Alienation
of Benefits....................................................................................
25

    Section 8.4 - Distributions
Under Domestic Relations Orders.....................................................
26

 

ARTICLE
IX................................................................................................................................
26

   
AMENDMENTS......................................................................................................................
26

    Section 9.1 - Amendment..........................................................................................................
26

 

ARTICLE
X..................................................................................................................................
27

    SUCCESSOR
COMPANY AND MERGER OR CONSOLIDATION OF PLANS............... 27

    Section 10.1 - Successor
Company...........................................................................................
27

    Section 10.2 - Plan
Assets.........................................................................................................
27

 

ARTICLE
XI................................................................................................................................
28

    TOP HEAVY
PROVISIONS...................................................................................................
28

    Section 11.1 - Top
Heavy Plan Requirements............................................................................
28

    Section 11.2 - Determination
of Top Heavy Status.....................................................................
28

    Section 11.3 - Vesting
if a Portion of the Plan Becomes Top Heavy............................................
33

    Section 11.4 - Minimum
Benefit Requirement If a Portion of the Plan Becomes Top Heavy......... 34

 

ARTICLE
XII...............................................................................................................................
35

 

ARTICLE
XIII.............................................................................................................................
36

    PLAN
TERMINATION...........................................................................................................
36

    Section 13.1 - Right
to Terminate...............................................................................................
36

    Section 13.2 - Partial
Termination..............................................................................................
37

    Section 13.3 - Liquidation
of Retirement Fund............................................................................
37

    Section 13.4 - Manner
of Distribution........................................................................................
39

    Section 13.5 - Residual
Amounts...............................................................................................
40

 

ARTICLE
XIV..............................................................................................................................
40

   
CONSTRUCTION..................................................................................................................
40

    Section 14.1 - Construction.......................................................................................................
40

    Section
14.2 - Authority of Trustees..........................................................................................
40

 

 

 

ARTICLE
I

NAME
AND HISTORY OF PLAN

    Section 1.1 - THE GRAPHIC
COMMUNICATIONS INTERNATIONAL UNION, TWIN CITIES LOCAL 6A - BUCKBEE-MEARS
PENSION PLAN (formerly known as the Pension Plan of the Lithographers and
Photoengravers International Union, Twin Cities Local 6A - Buckbee Mears
Retirement Fund and more recently known as the Graphic Arts International
Union, Twin Cities Local 6A - Buckbee-Mears Pension Plan) as set forth in the
instrument dated the 27th day of December 1968, amended January 1,
1975, restated January 1, 1976, amended and restated January 1, 1982, amended
and restated January 1, 1984, amended and restated January 1, 1985, amended and
restated January 1, 1989, and is hereby amended and restated in its entirety to
be effective as of January 1, 2001.

ARTICLE
II

DEFINITIONS

    Section 2.1 - All of the
definitions contained in the Restated Agreement and Declaration of Trust of the
GRAPHIC COMMUNICATIONS INTERNATIONAL UNION, TWIN CITIES LOCAL 6A -
BUCKBEE-MEARS RETIREMENT FUND, formerly the Graphic Arts International Union,
Twin Cities Local 6A - Buckbee Mears Retirement Fund, are incorporated into
this Plan by reference.

    Section 2.2 - Accrual
Service  The Accrual Service credited to a Participant will vary in
accordance with the particular year in which such service was performed and the
year in which said Participant's employment terminated.  Computations of
Accrual Service shall include all Hours Worked by an Eligible Employee in an
Accrual Computation Period.

(a)      For
Participants who are laid off or who terminate employment with the Employer
after December 31, 1984, Accrual Service after December 31, 1975 is accumulated
at the rate of one (1) year for each Accrual Computation Period in which an
Eligible Employee completes 1,800 or more Hours Worked.  If an Eligible
Employee works at least 900 hours but less than 1,800 hours, he will be
entitled to a fraction of one (1) year Accrual Service based upon the number of
hours actually worked divided by 1,800 hours.  There will be no
accumulation of Accrual Service for any complete Accrual Computation Period in
which a Participant accumulates less than 900 Hours Worked.

(b)      For
Participants who are laid off or who terminate employment with the Employer
between January 1, 1981 and December 31, 1984, Accrual Service after December
31, 1975 is accumulated at the rate of one (1) year for each Accrual Computation
Period in which an Eligible Employee completes 1,800 or more hours
worked.  There will be no accumulation of Accrual Service for any complete
Accrual Computation Period in which a Participant accumulates less than 975
hours.  If a Participant accumulates more than 975 hours, but less than
1,800 hours, he will be entitled to a fraction of one (1) year of Accrual
Service based upon the number of hours actually worked divided by 1,950 hours.

(c)      In
the case of a Participant who is laid off or terminates employment with the
Employer    during the period from January 1, 1976 through
December 1, 1980, an Eligible Employee shall have accumulated at least 975
hours during the computation period in order to receive any Accrual Service for
that period.  An Eligible Employee working at least 975 hours but less
than 1,950 hours in an Accrual Computation Period between January 1, 1976 and
December 31, 1980, shall accrue a fraction of one (1) year of Accrual Service,
the numerator being the number of hours actually worked and the denominator
being 1,950 hours.

(d)      Accrual
Service prior to January 1, 1976 shall be the service recognized for benefit
accrual purposes under the terms of the Former Plan.  For each Plan Year
from June 1, 1968 to May 31, 1975, service was accumulated as follows:

  

•         1
year of Accrual Service if at least 48 weekly payroll checks received from the
Employer in a Plan Year.

•         3/4
of 1 year of Accrual Service if between 36 and 47 weekly payroll checks
received from the Employer in a Plan Year.

•         1⁄2
of 1 year of Accrual Service if between 24 and 35 weekly payroll checks
received from the Employer in a Plan Year.

•         No
credit if less than 24 weekly payroll checks received from the Employer in a
Plan year.

(e)      For
the short Plan Year June 1, 1975 to December 31, 1975, service was accumulated
as follows:

•         58.33%
of 1 year of Accrual Service if at least 28 weekly payroll checks received from
the Employer in the Plan Year.

•         43.75%
of 1 year of Accrual Service if between 21 and 27 weekly payroll checks
received from the Employer in the Plan Year.

•         29.17%
of 1 year of Accrual Service if between 14 and 20 weekly payroll checks
received from the Employer in the Plan Year.

•         No
credit if less than 14 weekly payroll checks received from the Employer in the
Plan Year.

  

(f)       A
Participant who retires on or after January 1, 1973 is entitled to a maximum of
ten (10) Years of Service under this Plan for vesting and accrual purposes for
employment with the Employer within the ten (10) years prior to June 1, 1968
provided that such service would otherwise qualify under the terms of this
Plan.  For purposes of determining Accrual Service, years prior to June 1,
1968, shall be calculated pursuant to Section 2.2(d).

(g)      Service
prior to June 1, 1958, shall not be counted for the purpose of calculating
Accrual Service under this Plan.

    Section 2.3 - Accrued
Benefit.  The Accrued Benefit for each Participant who on or after
January 1, 2003:

(a)      terminates
employment with the Employer:

(b)      is
laid off; or

(c)      ceases
being an Eligible Employee;

shall be $43.50 multiplied by the number of years
of Accrual Service through December 31, 2001; plus, Hours Worked from January
1, 2002 through June 30, 2002 divided by 1800 hours multiplied by $43.50; plus,
Hours Worked from July 1, 2002 through December 31, 2002 divided by 1800
multiplied by $21.75; plus $21.75 multiplied by the number of years of Accrual
Service on or after January 1, 2003.  No Hours Worked in 2002 in excess of
1800 hours shall be included in these equations.  Pursuant to Section 2.2,
there will be no accumulation of Accrual Service for any complete Accrual
Computation Period in which a Participant accumulates less than 900 Hours
Worked; in addition, if any Eligible Employee has less than 900 Hours Worked in
the year 2002, he or she shall not be entitled to any benefit accrual for 2002.

    With respect to any
Participant who terminated employment with the Employer or was laid off or
ceased to be an Eligible Employee prior to January 1, 2003, the following
Accrued Benefit shall be applicable for the following period of time:

2002                                      *

2001                                      $43.50
per year of Accrual Service

2000                                      $43.50
per year of Accrual Service

1999                                      $43.50
per year of Accrual Service

1998                                      $39.00
per year of Accrual Service

1997                                      $35.00
per year of Accrual Service

1996                                      $34.00
per year of Accrual Service

1995                                      $28.50
per year of Accrual Service

1991                                      $28.00
per year of Accrual Service

1990                                      $27.00
per year of Accrual Service

1989                                      $25.00
per year of Accrual Service

1988                                      $24.00
per year of Accrual Service

1987                                      $22.00
per year of Accrual Service

1986                                      $21.00
per year of Accrual Service

1985                                      $19.00
per year of Accrual Service

1984                                      $16.00
per year of Accrual Service

1983                                      $14.00
per year of Accrual Service

1982                                      $13.00
per year of Accrual Service

1981                                      $11.00
per year of Accrual Service

9/1/80 -
12/31/80                   $
9.50 per year of Accrual Service, except for participants who terminated
employment prior to 1/1/80.

*        $43.50
multiplied by the number of years of Accrual Service through December 31, 2001;
plus, Hours Worked from January 1, 2002 through June 30, 2002 divided by 1800
hours multiplied by $43.50; plus, Hours Worked from July 1, 2002 through
December 31, 2002 divided by 1800 multiplied by $21.75.  No Hours
Worked in 2002 in excess of 1800 hours shall be included in these
equations.  Pursuant to Section 2.2, there will be no accumulation of
Accrual Service for any complete Accrual Computation Period in which a
Participant accumulates less than 900 Hours Worked; in addition, if any
Eligible Employee has less than 900 Hours  Worked  in the year 2002,
he or she shall not be entitled to any benefit accrual for 2002.

    The Accrued Benefit of any
Participant who terminated employment with the Employer on or before December 31,
1979 shall be the Accrued Benefit that was in effect in the Plan at the time of
such termination.

    Section 2.4 -  Actuarial
Equivalent.  In the event that a specific actuarial factor is not
provided under this Plan, the appropriate actuarial equivalence factor shall be
the actuarial factors issued by the Pension Benefit Guaranty Corporation for
the first day of January of the year for which the actuarial equivalence is
provided.  The factor shall use an average of the appropriate male and
female factors.

    Section 2.5 -  Actuary. 
The Actuary is the corporation, firm or individual appointed and acting from
time to time pursuant to the terms of Article VI.

    Section 2.6 -  Beneficiary. 
A Beneficiary is the person or persons, natural or otherwise, other than a
joint or contingent annuitant, designated by a Participant to receive any
benefit payable under the Plan in the event of his death.

    A Participant who has
designated a Beneficiary may, without the consent of such Beneficiary, alter or
revoke such designation.  However, the spouse of a Participant must
consent to the naming of a Beneficiary other than himself or herself. 
Such consent must be executed in the presence of a notary public.  To be
effective, any Participant's designation, alteration, or revocation of a
Beneficiary shall be in writing, in such form as the Trustees may prescribe,
and shall be filed with the Trustees prior to the death of the
Participant.  If, at the time a death benefit becomes payable, there is
not on file with the Trustees a fully executed designation of Beneficiary with
spousal consent where required, then the designated Beneficiary shall be the
person or persons surviving him in the first of the following classes in which
there is a survivor, share and share alike:

(a)      his
spouse;

(b)      his
children, except that if any of his children predecease him but leave issue
surviving him, such issue shall take by right of representation the share their
parent would have taken if living;

(c)      his
parents;

(d)      his
brothers and sisters;

(e)      his
personal representative or representatives (executors and administrators).

The identity of each Beneficiary in each case
shall be determined by the Trustees.  Each such determination shall be
final and binding for all persons.  Should the Plan Administrator not have
a valid consent by a spouse to the designation by a Participant of a
Beneficiary other than the spouse, the Trustees will pay a Participant's
benefits to the spouse.

    Section 2.7 -  Break
in Service.  A Break in Service occurs only when an Eligible Employee
receives no compensation and no vesting credit during a Vesting Computation
Period.  Such compensation shall include direct and indirect compensation
by the Employer for Hours Worked including sick pay, vacation pay, pay during a
leave of absence, disability income, and such other indirect compensation as
may be required to be recognized for Break in Service purposes under ERISA or
rules or regulations related thereto.

    Section 2.8 -  Code. 
Code means the Internal Revenue Code of 1986, as amended or replaced from time
to time.

    Section 2.9 -  Collective
Bargaining Agreement.  Collective Bargaining Agreement means the
existing Collective Bargaining Agreement between Buckbee-Mears Saint Paul and the
Union effective June 1, 1976 through May 31, 1978, as well as any extensions or
renewals thereof, or any new Collective Bargaining Agreement executed in the
future which provides for the payment of contributions to the Retirement Fund
as well as any extension or renewal thereof.

    Section 2.10 - Company. 
Company means BMC Industries, Inc.

    Section 2.11 - Computation
Periods.

(a)      Eligibility
Computation Periods - the 12-month period beginning with an employee's
Employment Commencement Date, and the 12-month period commencing on any Plan
Anniversary Date after his Employment Commencement Date.

(b)      Vesting
and Accrual Computation Periods - the 12-month period commencing on the Plan
Anniversary Date.

    Section 2.12 - Effective
Date.  Except as specifically stated herein, the Effective Date of
this Restatement is January 1, 2001.

    Section 2.13 - Eligibility
and Vesting Service.

(a)      Eligibility
Service after December 31, 1975 is accumulated at the rate of one year for each
Eligibility Computation Period in which an Eligible Employee completes 1,000 or
more Hours Worked.  There is no accumulation for an Eligible Employee for
a Computation Period in which he has less than 1,000 Hours Worked.

(b)      Vesting
Service after December 31, 1975 is accumulated at the rate of one year for each
Vesting Computation Period in which an Eligible Employee completes 1,000 or
more Hours Worked.  There is no accumulation for an Eligible Employee for
a Vesting Computation Period in which he has less than 1,000 Hours Worked.

Except, in the
event an Eligible Employee's first Eligibility Computation Period in which
1,000 or more Hours Worked are completed overlaps two Vesting Computation
Periods, neither of which contains 1,000 or more Hours Worked by the Eligible
Employee, the second such Vesting Computation Period will be deemed, for
vesting purposes, to contain 1,000 hours.  There is no accumulation for
any Vesting Computation Periods prior to the Vesting Computation Period in
which the Eligible Employee attains the age of 18.

Notwithstanding
the definition of "Hours Worked" contained in this Plan, all Hours
Worked by an employee for the Employer, the Company and any other corporation
that is a member of a controlled group of corporations, (within the meaning of
Code section 1563(a) without regard to Code sections 1563(a)(4) and
1563(e)(3)(C)) that includes the Company, any trade or business (whether or not
incorporated) that together with the Company is under common control (within
the meaning of Code section 414(c)), any member of an "affiliated service
group" (within the meaning of Code section 414(m)) of which the Company is
a member or any other organization that, together with the Company, is treated
as a single employer pursuant to Code section 414(o) and Treasury Regulations
thereunder ("ERISA Affiliates"); provided, that, for purposes of
applying the limitations set forth at Section 414, such determination under
Code section 1563(a) will be made by substituting the phrase "more than 50
percent" for the phrase "at least 80 percent" wherever it
appears in such Code section, and will be counted for Eligibility Service and
Vesting Service purposes whether or not such employee was an Eligible Employee
at the time the hours were worked.

Eligible
Employees on an authorized military leave of absence will accumulate hours for
Vesting and Eligibility Service at the rate of 40 hours for each seven (7)
consecutive days of leave.

(c)      Vesting
and Eligibility Service prior to January 1, 1976 for a Participant as of January
1, 1976, who had been covered under the Former Plan, will be the Participant's
last period of continuous employment with the Company prior to January 1, 1976
rounded to the nearest year.

    Section 2.14 - Eligible
Employee.

(a)      Except
as provided in Subsection (b), an "Eligible Employee" is an employee
who has performed services for the Employer as an employee of the Employer (as
classified by the Company or the Employer at the time the services are
performed without regard to any subsequent reclassification) for a period of at
least sixty-six (66) working days covered by the Collective Bargaining
Agreement and on whose behalf contributions are made to the Retirement Fund
pursuant to the terms of the Collective Bargaining Agreement between Buckbee-Mears
Saint Paul and the Union.

(b)      An
individual who is classified by the Company or the Employer as an independent
contractor, leased employee or as any other status in which the individual is
not classified by the Company or the Employer as an employee of the Employer at
the time services are performed is not an Eligible Employee.  No judicial
or administrative reclassification, or reclassification by the Company or the
Employer, will be applied to grant retroactive eligibility to any individual
under the Plan.

(c)      In
addition, Eligible Employee includes full-time officers and employees of the
Union, the Retirement Fund, and any other benefit fund established by the
Collective Bargaining Agreement, provided that contributions to the Retirement
Fund are made on behalf of said Eligible Employees by their respective
Employers.

    Section 2.15 - Employer. 
Employer shall mean Buckbee-Mears Saint Paul (a unit of  the Company) and
any employer of an Eligible Employee on whose behalf contributions are made
into the Retirement Fund.  The Union, the Retirement Fund, and other
benefit funds described in Section 2.14 hereof shall be deemed Employers for
the limited purpose of making payments to the Retirement Fund on behalf of
Eligible Employees (as defined in Section 2.14).

    Section 2.16 - Employment
Commencement Date.  The date an Eligible Employee first works one hour
for the Employer.

    Section 2.17 - ERISA. 
The Employee Retirement Income Security Act of 1974, as amended from time to
time.

    Section 2.18 - Fiduciary. 
The named Fiduciary of the Plan is the Board of Trustees, the Investment
Manager, the Plan Administrator, insurance company or companies, or combination
thereof, appointed and acting from time to time in accordance with the provisions
of Section 5.2 and Article VII and the  Retirement Fund, to hold, invest
and disburse assets in the Retirement Fund and administer the Plan.

    Section 2.19 -  Former
Plan.  The Former Plan is the Restated Graphic Communications
International Union, Twin Cities Local 6A - Buckbee Mears Pension Plan in
existence the day before the Effective Date of this Plan.

    Section 2.20 - Hours
Worked.  Determined as follows:

(a)      For
Eligible Employees whose hours are not required to be counted and recorded by
any Federal Law such as the Fair Labor Standards Act, Hours Worked will be
recorded at the rate of 45 for each 7 days of employment in covered employment
during the Computation Period in which the Eligible Employee would be required
under Subsection (c) hereof to be credited with at least one (1) Hour Worked.

(b)      For
all other Eligible Employees, Hours Worked will be total Hours Worked computed
in accordance with Subsection (c) hereof.

(c)      (1)      "Hours
Worked" shall mean each hour worked for which the Employer, either
directly or indirectly, pays an Eligible Employee, or for which the Eligible
Employee is entitled to payment, for the performance of duties during the Plan
Year.  The Eligible Employee shall be credited with the Hours Worked under
this subparagraph (1) for the Plan Year in which the Eligible Employee performs
the duties, irrespective of when paid;

       
(2)      Each Hour Worked for back pay,
irrespective of mitigation of damages, to which the Employer has agreed or for
which the Eligible Employee has received an award.  Hours Worked shall be
credited under this subparagraph (2) to the Eligible Employee for the Plan
Year(s) to which the award or the agreement pertains rather than for the Plan
Year in which the award, agreement or payment is made; and

       
(3)      Each Hour Worked for which the Employer,
either directly or indirectly, pays an Eligible Employee, or for which the
Eligible Employee is entitled to payment (irrespective of whether the
employment relationship is terminated), for reasons other than for the
performance of duties during a Plan Year, such as leave of absence, vacation,
holiday, sick leave, illness, incapacity (including disability and periods for
which an Eligible Employee is entitled to receive workers' compensation
benefits), layoff, jury duty or military duty.  Hours Worked shall be
credited under this subparagraph (3) for the Plan Year in which the Employer
pays the Eligible Employee, the Eligible Employee becomes entitled to payment
or the payment becomes due, whichever first occurs.  Notwithstanding the
preceding provisions of this subparagraph (3), Hours Worked shall not be
credited for:

  

(i)       more
than five hundred one (501) Hours Worked under subparagraph (c) to an Eligible
Employee on account of any single continuous period during which the Eligible
Employee does not perform any duties (whether or not such period occurs during
a single Plan Year);

(ii)      hours
for which payments are made or due to the Eligible Employee under a plan
maintained solely for the purpose of complying with the applicable unemployment
compensation law; and

(iii)     hours
for which a payment to an Eligible Employee solely reimburses the Eligible
Employee for medical or medically related expenses incurred by the Eligible
Employee.

  

An Hour
Worked shall not be credited under more than one of the above subparagraphs
(1), (2) or (3) of subsection (c).  Furthermore, if the Eligible Employee
is to be credited with Hours Worked for the twelve (12) month period beginning
with the Eligible Employee's Employment Commencement Date, then the twelve (12)
month period shall be substituted for the term "Plan Year" wherever
the latter term appears in this Section 2.20.

(d)      Hours
Worked shall also include all Hours Worked by any Eligible Employee for which
the Eligible Employee receives compensation from the Union.  These hours
represent lost time hours which, but for this subsection (d), the Eligible
Employee would not otherwise be given credit.

Any ambiguity
with respect to the crediting of an Hour Worked shall be resolved in favor of
the Eligible Employee.  Furthermore, in crediting Hours Worked under this
Section 2.20, the rules of paragraphs (b) and (c) of Department of Labor
Regulation § 2530.200b-2 which the Plan, by this reference, specifically
incorporates in full within this Section 2.20, shall be applied.

Solely for
purposes of determining whether the Eligible Employee incurs a Break in Service
under any provision of this Plan, the Plan Administrator shall credit Hours Worked
during an Eligible Employee's unpaid absence period due to maternity or
paternity leave if his or her absence is due to the Eligible Employee's
pregnancy, the birth of the Eligible Employee's child, the placement with the
Eligible Employee of an adopted child, or the care of the Eligible Employee's
child immediately following the child's birth or placement.  The Plan
Administrator shall credit Hours Worked under this paragraph on the basis of
the number of Hours Worked the Employee would receive if he were paid during
the absence period or, if the Plan Administrator cannot determine the number of
Hours Worked the Eligible Employee would receive, on the basis of eight (8)
hours per day during the absence period.  The Plan Administrator only
shall credit the number of Hours Worked (up to 501 Hours Worked) necessary to
prevent an Eligible Employee's Break in Service.  The Plan Administrator
shall credit all Hours Worked described in this paragraph to the computation
period in which the absence period begins or, if the Eligible Employee does not
need these Hours Worked to prevent a Break in Service in the computation period
in which is absence period begins, the Plan  Administrator shall credit
these Hours Worked to the immediately following Computation Period.  The
Plan Administrator shall apply this paragraph for absence periods which begin
in Plan Years commencing after December 31, 1984.

(e)      Hours
Worked shall also include hours during which a Participant would have worked
but for one or more involuntary furlough(s), up to a maximum of sixty (60)
working days or four-hundred fifty (450) hours in any Plan Year.  An
involuntary furlough shall be defined as a period of time during which the
Participant would have worked but for the temporary shutdown of operations
mandated by the Company.

(f)       Notwithstanding
any provision of this Plan to the contrary, contributions, benefits and service
credit with respect to qualified military service will be provided in
accordance with Section 414(u) of the Code.

    Section 2.21 - Normal
Retirement Date.  The Normal Retirement Date of a Participant is the
last day of the month in which he attains age 65.

    Section 2.22 - Normal
Retirement Age.  A Participant's Normal Retirement Age is age 65, or
five years after the Participant commenced participation in the Plan, whichever
is later.

    Section 2.23 - PBGC. 
Pension Benefit Guaranty Corporation, a body corporate within the Department of
Labor established under the provisions of Title IV of ERISA.

    Section 2.24 - Participant. 
A Participant is an Eligible Employee or former Eligible Employee who has
satisfied the eligibility requirements of Article III and who is either
accruing a benefit or is entitled to receive a benefit under the Plan.

    Section 2.25 - Plan. 
The Plan is the Graphic Communications International Union, Twin Cities Local
6A - Buckbee-Mears Pension Plan as may be amended from time to time, this
document comprising the Seventh Restatement of such Plan.

    Section 2.26 - Plan
Administrator.  The Plan Administrator shall be appointed by the
Trustees and serve until replaced by the Trustees or until said Plan
Administrator resigns.

    Section 2.27 - Plan
Anniversary Date.  The Plan Anniversary Date of this Plan is
January 1.

    Section 2.28 - Plan Year.  The Plan Year is
the 12-month period commencing each January 1.

    Section 2.29 - Re-Employment Commencement Date. 
The date following a Break in Service when an Eligible Employee first works one
hour for the Employer.

    Section 2.30 - Retirement
Fund.  Retirement Fund  means the Restated Agreement and
Declaration of Trust of  Graphic Communications International Union, Twin
Cities Local 6A - Buckbee-Mears Retirement Fund, consisting of all
contributions to the Retirement Fund received by the Trustees, together with
all income, increments, earnings, and profits therefrom, and all other assets
held by the Trustees for the uses, purposes, and trusts set forth in said
Retirement Fund Trust Agreement.

    Section 2.31 - Termination
of Employment.  Termination of Employment is the severance of an
Eligible Employee's employment relationship with the Employer, the Company and
ERISA Affiliates (as defined in Section 2.13).

    Section 2.32 - Trustees. 
Trustees or Trustee means the Trustees or a Trustee of the Retirement Fund.

    Section 2.33 - Union. 
Union means Graphic Communications International Union, Twin Cities Local 6A.

    Section 2.34- Vesting. 
For purposes of this Plan, an Eligible Employee's Accrued Benefit shall be
vested pursuant to the following schedule:

Years of
Vesting Service                                 %
Vested

0-4 Years of
Service                                        0%

5   Years or
More                                        
100%

 

For Plan years
prior to January 1, 1989, the following schedule applies:

 

Years of
Vesting Service                                 %
Vested

0-9 Years of
Service                                         0%

10 Years or
More                                         
100%

ARTICLE
III

EMPLOYEE
PARTICIPATION

    Section 3.1 - Eligibility
for Participation.  Each Eligible Employee shall become a Participant
in the Plan as follows:

(a)      Any
Eligible Employee included under the provisions of the Former Plan as of the
Effective Date shall continue to participate in accordance with the provisions
of this amended and restated Plan.

(b)      Any
other Eligible Employee as of the Effective Date who has both attained age 21
and completed an Eligibility Computation Period ending prior to said date,
during which he had not less than 1,000 Hours Worked, shall become a
Participant on the Effective Date.

(c)      The
participation of any Eligible Employee thereafter to become a Participant shall
commence as of the earlier of January 1 or July 1 following the date he has both
attained age 21 and completed an Eligibility Computation Period ending prior to
said date of not less than 1,000 Hours Worked.

    After a Break in Service, the
provisions of Section 3.3 and 3.4 shall be applicable.

    Section 3.2 - Transfer to
Eligible Employee Status.  Transfer from an ineligible status to the
status of an Eligible Employee will result in immediate participation if the
Eligible Employee satisfies the requirements of Section 3.1; otherwise he will
begin participation in The Plan as provided for in Section 3.1.

    Section 3.3 - Re-Employment
after a Break in Service.  An Eligible Employee who has been
re-employed after a Break in Service may resume participation in the Plan as
soon as he has completed a 12-month period in which he has 900 Hours
Worked.  He shall reenter the Plan retroactive to his Re-Employment
Commencement Date.

    Such a Participant shall
receive Accrual Service if he has 900 or more Hours Worked during the first
Accrual Computation Period ending after his Re-Employment Commencement
Date.  If he has less than 900 Hours Worked during this partial
Computation Period but he has hours equal to at least 900 considering the
fraction of the Computation Period worked, he will accumulate a fraction of a
year of Accrual Service equal to the ratio of the Hours Worked during such
partial Computation Period to 1,800 hours for a full accrual Computation
Period.  For periods of re-employment prior to January 1, 1981, an
Eligible Employee shall earn credit as described in the previous sentence with
975 hours substituted for 900 hours and 1,950 hours substituted for 1,800
hours.

    Section 3.4 - Preservation
of Pre-Break Service.  In the event of re-employment after a Break in
Service, service completed prior to the Break in Service for non-vested
Participants will be disregarded for all purposes under the Plan unless the
number of the Eligible Employee's consecutive Breaks in Service is less than:

(a)      The
Eligible Employee's aggregate Years of Vesting Service (without regard to Vesting
Service disregarded under Section 3.4), or

(b)      five
(5) years, if greater than (a).

    In the event that a
Participant terminates employment with the Employer for any reason and suffers
consecutive Breaks in Service of five years or less and returns to employment
with the Employer as an Eligible Employee, that Participant's Accrued Benefit
under Section 2.3 of this Plan shall be calculated by multiplying all of that
Participant's years of Accrual Service with the Employer times the Accrued Benefit
rate in effect as of the date of that Participant's final termination of
employment with the Employer.  In the event that a Participant terminates
employment with the Employer for any reason, suffers consecutive Breaks in
Service in excess of five years and subsequently returns to employment with the
Employer as an Eligible Employee, the Participant's Accrued Benefit under
Section 2.3 of the Plan shall be calculated by multiplying the applicable
Accrued Benefit rate in effect at the time of the Participant's first
Termination of Employment times the years of Accrual Service earned at that
time and adding to that figure the amount determined by multiplying the years
of Accrual Service earned after the Breaks in Service times the applicable
Accrued Benefit rate in effect at the Participant's final Termination of
Employment with the Employer.

ARTICLE
IV

BENEFITS

    Section 4.1 - Normal
Retirement Benefit Formula.  A Participant's pension benefit payable
in the normal form shall be a benefit payable for his lifetime in a monthly
amount equal to his Accrued Benefit.  The Termination of Employment of a
Participant on or after his Normal Retirement Age shall be deemed to be a
normal retirement.  Upon such retirement, he shall be entitled to a
pension in the amount determined according to the first sentence of this
Section 4.1 payable monthly for life, with the first payment to be made as of
the first day of the month next following his Termination of Employment, if he
is then living, and the last  payment as of the first day of the month in
which his death occurs.

    Section 4.2 - Accrued
Benefit.  The Accrued Benefit may be determined as of any point in
time that the Participant is an Eligible Employee.  In no event will any
Accrued Benefit determined after the Effective Date be less than the Accrued
Benefit determined as of the preceding Plan Anniversary Date.

    Section 4.3 - Early
Retirement Benefit.  The Termination of Employment of a Participant
prior to his Normal Retirement Date shall be deemed to be an early retirement
if he has then attained age 55 and completed at least 10 years of Vesting
Service.  Upon such early retirement, he shall be entitled to a pension
payable monthly for life, with the first payment to be made as of the first day
of the month next following his Normal Retirement Date, if he  is then
living, and the last payment as of the first day of the month in which his
death occurs.  The amount of each monthly payment shall equal his Accrued
Benefit.

    In lieu of such payment the
Participant may elect to have benefits commence on the first of any month
following his Termination of Employment and prior to his Normal Retirement
Date.  The benefit payable from such earlier commencement date shall be
the pension benefit payable in the normal form (as determined under Section
4.1)..

(a)      reduced
by six and two-thirds (6-2/3%) percent reduction per year for the first five
years of commencement immediately prior to age 65; and

(b)      reduced
by three and one-third (3-1/3%) percent reduction per year for an additional
five years.

    Section 4.3. A. - Special
Early Retirement Benefit.  Effective January 1, 1997, any Participant
who terminates employment with the Employer after he reaches age 55 on or after
January 1, 1997 and has completed at least 25 years of Accrual Service as of
the date of termination shall be eligible to commence a retirement benefit
after he has attained age 62 without any reduction in the Accrued Benefit
calculated under Section 2.3.

    Section 4.4 - Benefit Upon
Other Termination of Employment.  If a Participant's Termination of
Employment occurs prior to his Normal Retirement Age, and if at the time of his
Termination of Employment he has completed at least 5 years of Vesting Service
and has not attained age 55, he shall be entitled to a pension payable monthly
for life, with the first payment to be made as of the first day of the month
next following his Normal Retirement Date, if he is then living, and the last
payment as of the first day of the month in which his death occurs.  The
amount of each monthly payment shall equal his Accrued Benefit.

    Section 4.4.A. - Disability
Benefit.  Effective January 1, 1998, any Participant with at least 10
years of Accrual Service who terminated employment after age 55 due to a total
and permanent disability as determined by the Social Security Administration
shall be eligible to retire as of the date of disability without any reduction
in the Accrued Benefit calculated under Section 2.3.  Upon such disability
retirement, he shall be entitled to a pension payable monthly for life, with
the first payment to be made as of the first day of the month following his
Termination of Employment and submission of his application for the pension
benefit accompanied by evidence that he has been determined to be totally and
permanently disabled by the Social Security Administration.  If the
Participant is no longer totally and permanently disabled at any time prior to
age 62, the disability pension shall be discontinued and the Participant shall be
entitled to additional pension benefits only in accordance with the other
provisions in the Plan.

    Section 4.5 - Early
Commencement of Benefits.  A Participant who qualifies under Section
4.4 and has at least ten years of Vesting Service may elect a reduced monthly
benefit which is in lieu of the aforesaid benefit, with the first payment to be
made as of the first day of any month after his attainment of age 55 and prior
to his Normal Retirement Date and the  last payment as of the first day of
the month in which his death occurs.  The benefit payable from such
earlier commencement date shall be the pension benefit payable in the normal
form (as determined under Section 4.1):

(a)      reduced
by six and two-thirds (6/2/3%) percent reduction per year for the five years
immediately prior to age 65; and

(b)      reduced
by three and one-third (3-1/3%) percent reduction per year for an additional
five years.

    Section 4.6 - Minimum
Benefit.  In no event will the benefit determined in Section 4.1, 4.2,
4.3 or 4.4 and payable from Normal Retirement Date be less than the Accrued
Benefit under the Former Plan as of the Effective Date.

    Section 4.7 - Benefits that
Matured Prior to the Effective Date.  Benefits, if any, payable on
account of a Participant's Termination of Employment prior to the Effective
Date shall be  determined and paid in accordance with the provisions of
the Plan in effect as of the date of his Termination of Employment.

    Section 4.8 - Non-Duplication
of Benefits.  In the event that a Participant terminates covered
employment under the Collective Bargaining Agreement but continues in the
employment of the Employer or the Company in a different position, the
Participant shall not accrue any additional Accrual Service under this Plan unless
the Participant later resumes covered employment under the Collective
Bargaining Agreement.  In addition, the Accrued Benefit defined under
Section 2.3 of the Plan shall be calculated for that Participant who terminated
employment with the Employer as of the date the Participant ceased to be an
Eligible Employee covered by the Collective Bargaining Agreement and not the
date the Participant later terminates non-covered employment with the Employer
or the Company.  In the event that the Participant is re-employed and is
an Eligible Employee covered by the Collective Bargaining Agreement, and
received Accrual Service after a one-year Break in Service, the Accrued Benefit
calculated under Section 2.3 of the Plan shall be calculated based on the
applicable Accrued Benefit at the time of the earlier termination times the
years of Accrual Service at that time plus later years of Accrual Service times
the applicable Accrued Benefit rate in effect under the Plan at the subsequent
Termination of Employment.  In addition, notwithstanding any other
provisions of the Plan, benefits otherwise payable to a Participant under
Section 4.1, 4.3 or 4.4 shall be suspended during such period as he receives
long or short term disability benefits provided by the Employer or the Company
and during periods of re-employment with the Employer prior to the
Participant's Normal Retirement Date.  Any benefits payable subsequent to
Termination of Employment will be actuarially adjusted to reflect the payments
already received.

    Section 4.9 - Optional
Forms of Benefit Payments.  In lieu of the amount and form of pension
payable under Section 4.1, 4.3 or 4.4, a Participant may, under such rules and
regulations as the Trustees may prescribe which are in accord with the advice
of the Actuary, and subject to the provisions of Section 4.10 and 4.16, elect
to have a pension benefit payable in any of the following optional forms:

(a)      Ten
(10) Year Certain and Life Benefit.  A reduced monthly benefit payable to
the Participant for his or her life, with the provision that, if the
Participant dies before having received 120 monthly payments, such reduced
monthly payments will continue to the Participant's designated Beneficiary
until the number of monthly payments made to the Participant and the
Participant's designated Beneficiary total 120;

(b)      Joint
and Fifty (50%) Percent Survivor Benefit.  A reduced monthly benefit
payable to the Participant for his or her life, with the provision that, if the
Participant is survived by his or her contingent annuitant, one-half of such
reduced monthly benefit will be continued to the contingent annuitant for the
duration of the contingent annuitant's life; and

(c)      Joint
and One Hundred (100%) Percent Survivor Benefit.  A reduced monthly
benefit payable to the Participant for his or her life, with the provision
that, if the Participant is survived by his or her contingent annuitant, such
reduced monthly benefit will be continued to the contingent annuitant for the
duration of the contingent annuitant's life.

The amount of the benefit available under any of
the options set forth in this Section shall be calculated by applying the
reduction factors set forth in Appendix A to this Pension Plan.  Benefit
payments under any option elected in accordance with the terms of this
paragraph shall commence on the same date that benefit payments would otherwise
commence under Section 4.1, 4.3, 4.4 or 4.5, whichever is applicable.  In
conjunction with the Participant's election of an optional benefit under subsections
(b) or (c), the Participant must designate, in form prescribed by the Trustees,
a contingent annuitant to receive the survivor benefits thereunder; provided,
that, if the designation is not made at that time, a designation may be made at
a later date, but not after the commencement of benefit payments to the
Participant.  Notwithstanding other provisions of this paragraph to the
contrary, if a Participant dies before his or her payments have commenced, the
Trustees shall not make payment to a Beneficiary who is not the Participant's
spouse for a period which exceeds five (5) years from the date of the
Participant's death.

    If a Participant remains in
the employ of the Company after his Normal Retirement Date, and if his death
occurs thereafter prior to his Termination of Employment, and if he elected an
optional form of benefit payment under this Section which was not revoked prior
to his death, the same benefit shall be provided his Beneficiary or joint or
contingent annuitant under the option as though the Participant's Termination
of Employment had occurred on his Normal Retirement Date and he had received
monthly payments under the option for each month prior to his death.

    Section 4.10 - Qualified
Joint and Survivor Annuity.  Unless a Participant elects otherwise, as
hereinafter specified in Section 4.16, benefits shall be paid in the form of a
Qualified Joint and Survivor Annuity with respect to any Participant who has a
spouse and who -

(a)      begins
to receive benefit payments under Section 4.1, 4.3, 4.4 or 4.5, or

(b)      dies
on or after attaining Normal Retirement Age and prior to his or her Termination
of Employment, or

(c)      ceases
to be an Eligible Employee on or after the date he is entitled to receive
benefits under Sections 4.1 or 4.4 and thereafter dies before beginning to
receive such benefits.

A "Qualified Joint and Survivor
Annuity" is an annuity for the life of the Participant with a survivor
annuity for the life of his spouse which is 50% of the amount payable for the
life of the Participant.  The amount of the benefit available under this
Section shall be calculated by applying the reduction factors set forth in
Appendix A to this Plan, under the Option "Joint and 50% Survivor."

    Section 4.11 - Pre-Retirement
Spouse Annuity.

(a)      Eligibility. If
a married Participant dies prior to commencement of payment of his
Nonforfeitable Accrued Benefit, the Trustee will distribute to the
Participant's surviving spouse a pre-retirement survivor annuity, unless the
Participant and his spouse were not married throughout the one (1) year period
ending on the date of his death.  This Section shall apply to a
Participant who dies after August 22, 1984, and either (i) completes at least
one (1) Hour Worked with the Employer after August 22, 1984, or (ii) separated
from Service with at least ten (10) years of service and completed at least one
(1) Hour Worked with the Employer in a Plan Year beginning after December 31,
1975.  If a Participant's death benefit is payable on or after the Effective
Date and this Section does not apply to the Participant, the Plan Administrator
shall make payment of the Participant's entire Nonforfeitable Accrued Benefit
in accordance with Sections 4.10 and 4.15, subject to the requirements of
subsection (c) hereof.

For a
Participant dying after the earliest retirement age under the Plan, the
pre-retirement spouse annuity shall equal the survivor annuity portion of the
qualified joint and fifty (50%) percent survivor annuity the Trustees would
have paid under Section 4.10 if the Participant had commenced receiving the
qualified joint and survivor annuity the day before his death.  For a
Participant dying on or before the earliest retirement age under the Plan, the
pre-retirement survivor annuity shall equal the survivor annuity portion of the
qualified joint and fifty (50%) percent survivor annuity the Trustees
would have paid under Section 4.10 if the Participant had separated from
service on the date of his death, had commenced receiving the qualified joint
and survivor annuity at the earliest retirement age under the Plan, and had
died the day after attaining the earliest retirement age under the Plan. 
The "earliest retirement age under the Plan" is the earliest date on
which the Plan permits the Participant to elect to receive retirement
benefits.  Notwithstanding the immediately preceding provisions of this
paragraph, if the actuarial equivalent of the pre-retirement spouse annuity
calculated under the formula set forth in Section 2.4 is not greater than
$5,000, (using the GATT interest rates in effect as of retirement) the Trustees
will pay the Participant's surviving spouse the actuarial equivalent in a
single lump sum payment as a complete settlement of all obligations under this
Plan.

The Trustees
shall commence payment of the pre-retirement spouse annuity on or before the
later of one (1) year after the Participant's death or the date the Participant
would have attained age seventy and one-half (70-1/2) unless the Participant's
surviving spouse files an election to commence payment at some earlier date.

(b)      No
Reduction of Pension Benefits.  A Participant's pension benefits shall
not be reduced as a result of the pre-retirement spouse annuity coverage
required under Section 4.11(a) or the survivor's annuity coverage under Section
4.11(c).  The Plan shall bear the cost of providing the pre-retirement
spouse annuity or the survivor's annuity benefits.

(c)      Payment
of Certain Survivor Benefits After the 1/1/2001.  If a married
Participant who is not subject to Section 4.11(a) but who has received credit
for at least one (1) Hour Worked after September 1, 1974, has a death benefit
payable on or after the Effective Date, the Participant's surviving spouse
shall receive a spouse's pre-retirement annuity if:

  

(1)      the
Participant had made a spouse's annuity election at any time during the spouse
annuity election period; and

(2)      dies
while employed as an Eligible Employee of the Employer on or after attaining
qualified early retirement age.  The spouse annuity election period shall
begin on the ninetieth (90th) day before the Participant attains the
qualified early retirement age and shall end on the date of the Participant's
Termination of Employment.  A Participant's "qualified early
retirement age" is the later of the first day of the one hundred twentieth
(120th) month beginning before the Participant attains Normal
Retirement Age, or the date on which the Participant began participation under
this Plan.

  

Furthermore,
if a married Participant who is not subject to Section 4.11(a) but who has
received credit for at least one (1) Hour Worked after September 1, 1974, has a
death or termination benefit payable on or after the Effective Date, the
Participant's surviving spouse shall receive a spouse's annuity if:

  

(3)      the
Participant dies on or after Normal Retirement Age while employed  by the
Employer, or has a Termination of Employment on or after attaining his
qualified early retirement age but dies before the Trustee commences payment of
his pension; and

(4)      the
Participant (and, for elections made after December 31, 1984, the Participant's
spouse) has not waived the qualified joint and survivor annuity during the
ERISA election period.  The ERISA election period begins on the later of
(i) the date one hundred and eighty (180) days prior to the Participant's
attaining qualified early retirement age, or (ii) the date the Participant
commenced participation in the Plan, and ends on the Participant's annuity
starting date under Section 4.10.

  

The spouse's
pre-retirement annuity shall equal the survivor annuity portion of the
qualified joint and survivor annuity payable under Section 4.10 determined as
if the Participant had retired the day before his death and commenced receiving
the qualified joint and survivor annuity.

    Section 4.12 - Payment of
Small Amounts.

(a)      If
the actuarially equivalent present value of a Participant's vested Accrued
Benefit does not exceed Five Thousand Dollars ($5,000) and did not exceed such
amount at the time of any previous distribution of such benefit, the benefit
shall be paid to the Participant or to his or her surviving spouse following
the Participant's death in a single lump sum payment no later than sixty (60)
days after the close of the Plan Year following the Plan Year in which the
Participant terminates employment or dies, whichever occurs first. 
Actuarially equivalent lump sum values shall be calculated on the basis of (1)
the mortality table based on the prevailing commissioners' standard table (described
in section 807(d)(5)(A) of the Code, which is the mortality table prescribed in
Revenue Ruling 95-6 for distributions with an annuity starting date before
December 31, 2002 and the mortality table prescribed in Revenue Ruling 2001-62
for distributions with an annuity starting date on or after December 31, 2002))
used to determine reserves for group annuity contracts issued on the date as of
which the lump sum is being determined (without regard to any other
subparagraph of section 807(d)(5)), as prescribed by the Commissioner of
Internal Revenue in revenue rulings, notices or other guidance and (2) for any
lump sum payment made during a calendar year, an interest rate equal to the
annual interest rate on 30-year Treasury securities for the November immediately
preceding such calendar year as such rate is prescribed by the Commissioner of
Internal Revenue in revenue rulings, notices or other guidance.

(b)      In
the case of any distribution pursuant to this section that constitutes an
"eligible rollover distribution," within the meaning of section
402(c)(4) of the Internal Revenue Code, the Trustees will, if so instructed by
the distributee in accordance with uniform rules, make the distribution to an
"eligible retirement plan" within the meaning of section 402(c)(8) of
the Internal Revenue Code.  The foregoing provision will not apply if (i)
the aggregate taxable distribution to be made to the distributee from this Plan
during the distributee's taxable year is less than Two Hundred Dollars ($200)
or (Ii) if less than the entire taxable amount of the distribution is to
be distributed to an eligible retirement plan and the amount to be distributed
to the eligible retirement plan is less than five Hundred Dollars ($500).

    Section 4.13 - No Other
Benefits.  In the event the Trustees distribute any part or all
of  a Participant's Accrued Benefit to him and the Participant later
resumes active employment with the Employer, the Trustee shall compute the
Participant's Accrued Benefit by taking into account all of the Participant's
Years of Participation.  However, the Trustee shall offset the
Participant's Accrued Benefit so computed by the Participant's Accrued Benefit
attributable to any distribution the Trustee has made to the Participant.

    Section 4.14 - Maximum
Benefits.  The maximum benefit, when expressed as a monthly pension,
shall not exceed $7,500.00, subject to the following:

(a)      The
maximum shall apply to the single-life pension computed under Article IV.

(b)      If
benefits begin prior to age 65, the maximum will apply to such reduced pension;
provided that, if benefits begin prior to age 55, the maximum will apply to a
pension beginning at age 55, which is the Actuarial Equivalent of such benefit.

(c)      If
the Participant has fewer than ten years of credited service at retirement, the
applicable maximum shall be multiplied by a fraction, of which the numerator is
his Accrual Service and the denominator is 10.

(d)      The
maximum amount of $7,500.00 per month shall be increased as permitted in
Section 415(b) of the Internal Revenue Code.

    Notwithstanding the foregoing
with respect to a Participant included under the prior provisions of the Plan,
the maximum computed under this subsection shall not be less than the Pension
payable under the Plan provisions in effect as of December 31, 1982 based upon
his rate of compensation under the Plan in effect as of such date and on
Accrual Service to the date of his Termination of Employment.

    Section 4.15 - Death
Benefit.  Upon the death of a Participant who has ten (10) or more
years of Vesting Service and who is an Eligible Employee whose employment with
the Employer has not terminated or is a former Eligible Employee currently on
leave of absence or laid off and maintaining his name on the Employer's
seniority or recall list, the sum of Five Thousand and no/100s ($5,000.00)
Dollars shall be paid in a single lump sum payment to the Participant's
Beneficiary designated in accordance with Section 2.6 of this Plan. 
However, if such Participant is married at the time of his death and has been
married for the one year period immediately preceding his death, any benefits
payable as a result of Participant's death shall be paid to his spouse unless
his spouse has consented to the designation of another Beneficiary.  Such
consent shall be notarized and submitted to the Plan Administrator.

    Section 4.16 - Manner of
Election - Revocation for Joint and Survivor Annuity - Normal Retirement Age. 
A Participant may make an election not to have his Accrued Benefit paid in the
form of a Qualified Joint and Survivor Annuity under Section 4.10 at any time
during the election period.  The election period shall begin on the date
the Plan Administrator furnishes to the Participant the information required
under the third paragraph of this Section 4.16 and shall end on the ninetieth
(90th) day before the Trustee commences to pay the Participant his
Accrued Benefit.  If, within 60 days from the date the information was
furnished as required by the preceding sentence, a Participant makes a request
for additional information, the election period shall extend, to the extent
necessary, to include the ninety (90) calendar days immediately following the
date the Plan Administrator either mails or personally delivers the requested
additional information to the Participant.  A Participant may revoke an
election made under this Section 4.16 at any time during the election period,
and thereafter may make a new election at any time within the election
period.  For waiver elections made after December 31, 1984, a
Participant's spouse (to whom the survivor annuity is payable under the
Qualified Joint and Survivor Annuity) must consent in writing to the waiver
election, acknowledging the effect of the election and such consent must be witnessed
by a Notary Public.

    The Plan Administrator may accept as valid a waiver
election which does not satisfy the spousal consent requirement described above
if the Plan Administrator establishes the Participant does not have a spouse,
the Plan Administrator is not able to locate the Participant's spouse, or other
circumstances exist under which the Secretary of Treasury will excuse the
consent requirement.

    The Plan Administrator shall furnish to each Participant
and spouse eligible to receive a normal retirement pension a written general
description of the Qualified Joint and Survivor Annuity, the Participant's
right to make, and the effect of an election to waive the Joint and Survivor
Annuity form of benefit, the rights of the Participant's spouse regarding the
waiver election.  The written description shall include the financial
effect upon the Participant's normal retirement pension (in terms of dollars
per pension payment) of making an election not to receive payment in the form
of a Qualified Joint and Survivor Annuity.  The Plan Administrator either
shall mail or personally deliver the written description at such time to ensure
its receipt by the Participant on or about the earlier of:

(a)      The
date nine (9) months prior to the Participant's attaining Normal Retirement
Age; or

(b)      The
later of the date one hundred eighty (180) days prior to the Participant's
satisfying the requirements for an early commencement of benefits under Section
4.5 or the date the Participant commences participation in the Plan.

    The Plan Administrator shall provide and prescribe the
form for a Participant's written election and the spouse's consent under this
Section 4.16.  The election form shall state clearly that the Participant
is electing to receive all of his Accrued Benefit under the Plan in a form
other than a Qualified Joint and Survivor Annuity.  An election, or
revocation of an election, is effective as of the date filed with the Plan
Administrator.

ARTICLE
V

PLAN
FINANCING

    Section 5.1 - Contributions. No
contributions shall be required or permitted under the Plan from any
Participant.  The Company and any participating Employer shall make
contributions in such amounts and at such times as determined by the Company in
accordance with a funding method and policy to be established by said Company
which will be consistent with the minimum funding standards of ERISA. 
Forfeitures arising under this Plan, shall be applied to reduce the cost of the
Plan, not to increase the benefits otherwise payable to Participants.

    Section 5.2 - Retirement
Fund.  All contributions made by the Company or a participating
Employer under this Plan shall be paid to the Investment Manager, or if there
is no Investment Manager, then to the corporate agent, or if there is no
corporate agent, then to the Trustees and deposited in the Retirement
Fund.  All assets of the Retirement Fund, including investment income,
shall be retained for the exclusive benefit of Participants and their
beneficiaries, shall be used to pay benefits to such persons or to pay
administrative expenses to the extent not paid by the Company, and shall not
revert or inure to the benefit of the Company.

    Notwithstanding anything
herein to the contrary, upon the request of the Company or a participating
Employer, a contribution which was conditioned upon qualification of the Plan
or any amendment thereof under Section 401(a) of the Internal Revenue Code
shall be returned to the Company or participating Employer within one year
after the denial of the qualification.

ARTICLE
VI

ACTUARY

    Section 6.1 - Appointment
and Duties.  The Company shall appoint an individual or a corporation
or a firm with at least one individual who is qualified or experienced in 

performing actuarial services in the valuation, funding and administration of
retirement, pension, or annuity plans and who is an enrolled Actuary as
provided under ERISA to serve as the Actuary to perform the services set forth
herein and to perform such additional services  with respect thereto as
may be conferred by the Company and as are consistent with the provisions of
the Plan.  All determinations of Actuarial Equivalent values permitted or
required to be made under the Plan or otherwise shall be made only in
accordance with the advice of the Actuary, and the rules, regulations, and
tables relating thereto shall become effective only with the approval of the
Actuary.

    Section 6.2 - Successors. 
The Company shall have the right at any time to remove the Actuary then acting,
to appoint a successor or successors, and to fill vacancies in the office of
the Actuary.

ARTICLE
VII

ADMINISTRATION

    Section 7.1 - Allocation of
Responsibility Among Fiduciaries for Plan and Retirement Fund Administration. 
The Fiduciaries shall have only those specified powers, duties,
responsibilities and obligations as are specifically given to them under this
Plan or the Retirement Fund.  In general, the Company and any
participating Employers shall have the sole responsibility for making the
contributions necessary to provide benefits under the Plan as specified in
Article VII.

    The Trustees shall have the
sole responsibility for the administration of the Plan and Retirement Fund and
the management of the assets held under the Retirement Fund, all as
specifically provided in the Retirement Fund.  Each Fiduciary warrants
that any directions given, information furnished, or action taken by it shall
be in accordance with the provisions of the Plan or the Retirement Fund, as the
case may be, authorizing or providing for such direction, information or
action.

    Furthermore, each Fiduciary
may rely upon any such direction, information or action of another Fiduciary as
being proper under this Plan or the Retirement Fund, and is not required under
this Plan or the Retirement Fund to inquire into the propriety of any such
direction, information or action.  It is intended under this Plan and the
Retirement Fund  that each Fiduciary shall be responsible for the proper
exercise of its own powers, duties, responsibilities and obligations under this
Plan and the Retirement Fund and shall not be responsible for any act or
failure to act of another Fiduciary.  No Fiduciary guarantees the
Retirement Fund in any manner against investment loss or depreciation in asset
value.

    Section 7.2 - Facility of
Payment.  Whenever, in the Trustees' opinion, a person entitled to
receive any payment of a benefit or installment thereof hereunder is under a
legal disability or is incapacitated in any way so as to be unable to manage
his financial affairs, the Trustees may direct payments to such person or to
his legal representative or to a relative or friend of such person for his
benefit, or the Trustees may apply the payment for the benefit of such person
in such manner as the Trustees consider advisable.  Any payment of a
benefit or installment thereof in accordance with the provisions of this
Section shall be a complete discharge of any liability for the making of such
payment under the provisions of the Plan.

    Section 7.3 - Discretionary
Authority.  The Plan Administrator appointed by the Trustees pursuant
to this document shall have the discretion and authority to make all decisions
necessary and useful to interpret and administer this Plan.  Decisions of
the Plan Administrator shall be final and binding.  The Plan Administrator
shall have the power to delegate any and all responsibility for administering
the Plan.  However, such delegation shall not relieve the Plan
Administrators of its responsibilities under this Plan.

ARTICLE
VIII

MISCELLANEOUS

    Section 8.1 - Non-Guarantee
of Employment.  Nothing contained in this Plan shall be construed as a
contract of employment between the Company or the Employer and any Eligible
Employee, or as a right of any Eligible Employee to be continued in the employment
of the Company or the Employer, or as a limitation of the right of the Company
of the Employer to discharge any of its employees, with or without cause.

    Section 8.2 - Rights to
Retirement Fund Assets.  No Eligible Employee shall have any right to,
or interest in, any assets of the Retirement Fund upon Termination of
Employment or otherwise, except as provided from time to time under this Plan,
and then only to the extent of the benefits payable under the Plan to such
employee out of the assets of the Retirement Fund.  In case of termination
or partial termination of this Plan, the rights of all affected Participants to
their Accrued Benefit to the extent funded as of the date of such termination
or partial termination, shall be nonforfeitable.  Except as otherwise may
be provided under Title IV of ERISA, all payments of benefits as provided for
in this Plan shall be made solely out of the assets of the Retirement Fund and
none of the Fiduciaries shall be liable therefor in any manner.

    Section 8.3 - Non-Alienation
of Benefits.  Subject to Section 8.4, benefits payable under this Plan
shall not be subject in any manner to anticipation, alienation, sale, transfer,
assignment, pledge, encumbrance, charge, garnishment, execution or levy of any
kind, either voluntary or involuntary, including any such liability which is
for alimony or other payments for the support of a spouse or former spouse or
for any other relative of the Participant, prior to actually being received by
the person entitled to the benefit under the terms of the Plan; and any attempt
to anticipate, alienate, sell, transfer, assign, pledge, encumber, charge or
otherwise dispose of any right to benefits payable hereunder, shall be
void.  The Retirement Fund shall not in any manner be liable for, or
subject to, the debts, contracts, liabilities, engagements or torts of any
person entitled to benefits hereunder.

    Section 8.4 - Distributions
Under Domestic Relations Orders.  Nothing contained in this Plan shall
prevent the Trustees and the Plan Administrator from complying with the
provisions of a qualified domestic relations order (as defined in Code
§414(p)).

    The Plan Administrator shall
establish reasonable procedures to determine the qualified status of a domestic
relations order.  Upon receiving a domestic relations order, the Plan
Administrator promptly shall notify the Participant and any alternate payee
named in the order, in writing, of the receipt of the order and the Plan's
procedures for determining the qualified status of the order.  Within a
reasonable period of time after receiving the domestic relations order, the
Plan Administrator shall determine the qualified status of the order and shall
notify the Participant and each alternate payee, in writing, of its determination. 
The Plan Administrator shall provide notice under this paragraph by mailing to
the individual's address specified in the domestic relations order, or in a
manner consistent with Department of Labor regulations.  The Plan
Administrator may treat as qualified any domestic relations order entered prior
to January 1, 1985, irrespective of whether it satisfies all the requirements
described in Code §414(p).

    If any portion of the
Participant's nonforfeitable Accrued Benefit is payable during the period the
Plan Administrator is making its determination of the qualified status of the
domestic relations order, the Trustees shall segregate the amounts payable in a
separate account and invest the segregated account solely in fixed income
investments.  If the Plan Administrator determines the order is a
qualified domestic relations order within eighteen (18) months of receiving the
order, the Trustees shall distribute the segregated account in accordance with
the order.  If the Plan Administrator does not make its determination of
the qualified status of the order within eighteen (18) months after receiving
the order, the Trustees shall distribute the segregated account in the manner
the Plan would distribute if the order did not exist and shall apply the order
prospectively if the Plan Administrator later determines the order is a
qualified domestic relations order.

    The Trustees shall make any
payments or distributions required under this Section 8.4 by separate benefit
checks or other separate distribution to the alternate payee(s).

ARTICLE
IX

AMENDMENTS

    Section 9.1 - Amendment. 
The Trustees may amend or modify this Plan at any time provided no amendment
shall be adopted which alters the basic purpose of this Plan or the Retirement
Fund; conflicts with the terms of any Collective Bargaining Agreement or with
any applicable law; causes the use or diversion of any part of the Retirement
Fund for purposes other than those authorized herein; increases the burdens or
obligations of the Company or causes a reversion of any of the assets of the
Retirement Fund to the Company or to the Union.  Furthermore, the Trustees
and Plan Administrator shall neither enact nor apply any amendment to the Plan
to reduce a Participant's Accrued Benefit immediately before the effective date
of the amendment, except to the extent permitted under Code §412(c)(8). 
An amendment adopted after July 30, 1984, decreases a Participant's Accrued
Benefit determined immediately prior to the adoption date if the amendment has
the effect of either (1) eliminating or reducing an early retirement benefit or
a retirement-type subsidy (as defined in Treasury regulations), or (2) except
as provided by Treasury regulations, eliminating an optional form of
benefit.  The Plan Administrator shall disregard an amendment described in
the immediately preceding sentence to the extent application of the amendment
would decrease the Participant's Accrued Benefit determined immediately prior
to the adoption date of the amendment.

ARTICLE
X

SUCCESSOR
COMPANY AND MERGER OR CONSOLIDATION OF PLANS

    Section 10.1 - Successor
Company.  In the event of the dissolution, merger, consolidation or
reorganization of the Company, provision may be made by which the Plan and
Retirement Fund will be continued by the successor; and, in that event, such
successor shall be substituted for the Company under the Plan.  The
substitution of the successor shall constitute an assumption of Plan
Liabilities by the successor and the successor shall have all the powers,
duties, and responsibilities of the Company under the Plan.

    Section 10.2 - Plan Assets. 
In the event of any merger or consolidation of the Plan with, or transfer in
whole or in part of the assets and liabilities of the Retirement Fund to
another Trust Fund held under, any other plan of deferred compensation
maintained or to be established for the benefit of all or some of the
Participants of this Plan, the assets of the Retirement Fund applicable to such
Participants shall be transferred to the other Retirement Fund only if:

(a)      each
Participant would (if either this Plan or the other plan then terminated)
receive a benefit immediately after the merger, consolidation or transfer which
is equal to or greater than the benefit he would have been entitled to receive immediately
before the merger, consolidation or transfer (if this Plan had then
terminated);

(b)      resolutions
of the Board of Directors of the Company under this Plan, and of any new or
successor company of the affected Participants, shall authorize such transfer
of assets; and, in the case of the new or successor company of the affected
Participants, its resolutions shall include an assumption of liabilities with
respect to such Participants' inclusion in the new company's plan; and

(c)      such
other plan and trust are qualified under Sections 401(a) and 501(a) of the
Internal Revenue Code.

ARTICLE
XI

TOP
HEAVY PROVISIONS

    Section 11.1 - Top Heavy
Plan Requirements.  With respect to any portion of this Plan which
covers Participants who are not covered by the Collective Bargaining Agreement
("Non-Bargaining Unit Participants"), for any Top Heavy Plan Year,
the Plan shall provide the special vesting requirements of Code Section 416(b)
pursuant to Section 11.3 of the Plan and the special minimum benefit
requirements of Code Section 416(c) pursuant to Section 11.4 of the Plan.

    Section 11.2 - Determination
of Top Heavy Status.

(a)      The
portion of this Plan benefitting the Non-Bargaining Unit Participants shall be
a Top Heavy Plan for any Plan Year commencing after December 31, 1982 in which,
as of the Determination Date, (1) the Present Value of Accrued Benefits of Key
Employees and (2) the sum of the Aggregate Accounts of Key Employees under this
Plan and all plans of an Aggregation Group, exceeds sixty percent (60%) of the
Present Value of Accrued Benefits and the Aggregate Accounts of all Key and
Non-Key Employees under this Plan and all plans of an Aggregation Group.

    If any
Participant is a Non-Key Employee for any Plan Year, but such Participant was a
Key Employee for any prior Plan Year, such Participant's Present Value of
Accrued Benefit and/or Aggregate Account balance shall not be taken into
account for purposes of determining whether this Plan is a Top Heavy or Super
Top Heavy Plan (or whether any Aggregation Group which includes this Plan is a
Top  Heavy Group).  In addition, for Plan Years beginning after
December 31, 1984, if a Participant or Former Participant has not performed any
services for any Employer maintaining the Plan at any time during the five year
period ending on the Determination Date, any accrued benefit for such
Participant or Former Participant shall not be taken into account for the
purposes of determining whether this Plan is a Top Heavy or Super Top Heavy
Plan.

(b)      This
Plan shall be a Super Top Heavy Plan for any Plan Year commencing after
December 31, 1983 in which, as of the Determination Date, (1) the Present Value
of Accrued Benefits of Key Employees and (2) the sum of the Aggregate Accounts
of Key Employees under this Plan and all plans of an Aggregation Group, exceeds
ninety percent (90%) of the Present value of Accrued Benefits and the Aggregate
Accounts of all Key and Non-Key Employees under this Plan and all plans of an
Aggregation Group.

(c)      Aggregate
Account: A Participant's Aggregate Account as of the Determination Date shall
be determined under applicable provisions of the defined contribution plan used
in determining Top Heavy Plan status.

(d)      "Aggregation
Group" means either a Required Aggregation Group or a Permissive
Aggregation Group as hereinafter determined.

  

(1)      Required
Aggregation Group: In determining a Required Aggregation Group hereunder, each
plan of the Employer in which a Key Employee is a participant in the Plan Year
containing the Determination Date or any of the four preceding Plan years, and
each other plan of the Employer which enables any plan in which a Key Employee
participates to meet the requirements of Code Sections 401(a)(4) or 410, will
be required to be aggregated.  Such group shall be known as a Required
Aggregation Group.

  

In the case of a Required Aggregation Group, each
plan in the group will be considered a Top Heavy Plan if the Required
Aggregation Group is a Top Heavy Group.  No plan in the Required Aggregation
Group will be considered a Top Heavy Plan if the Required Aggregation Group is
not a Top Heavy Group.

  

(2)      Permissive
Aggregation Group: The Employer may also include any other plan not required to
be included in the Required Aggregation Group, provided the resulting group,
taken as a whole, would continue to satisfy the provisions of Code Sections
401(a)(4) and 410.  Such group shall be known as a Permissive Aggregation
Group.

  

In the case of a Permissive Aggregation Group,
only a plan that is part of the Required Aggregation Group will be considered a
Top Heavy Plan if the Permissive Aggregation Group is a Top Heavy Group.
 No plan in the Permissive Aggregation Group will be considered a Top
Heavy Plan if the Permissive Aggregation Group is not a Top Heavy Group.

  

(3)      Only
those plans of the Employer in which the Determination Dates fall within the
same calendar year shall be aggregated in order to determine whether such plans
are Top Heavy Plans.

(4)      An
Aggregation Group shall include any terminated plan of the Employer if it was
maintained within the last five (5) years ending on the Determination Date.

  

(e)      "Determination
Date" means (a) the last day of the preceding Plan Year, or (b) in the
case of the first Plan Year, the last day of such Plan Year.

(f)       "Present
Value of Accrued Benefit:" In the case of a defined benefit plan, a
Participant's Present Value of Accrued Benefit shall be determined:

  

(1)      In
the case of a Participant other than a Key Employee, using the single accrual
method used for all plans of the Employer and Affiliated Employers, or if no
such single method exists, using a method which results in benefits accruing
not more rapidly than the slowest accrual rate permitted under Code Section
411(b)(1)(C).

(2)      As
of the most recent "accrual valuation date", which is the most recent
valuation date within a twelve (12) month period ending on the Determination
Date.

(3)      For
the first Plan Year, as if (a) the Participant terminated service as of the
Determination Date; or (b) the Participant terminated service as of the
actuarial valuation date, but taking into account the estimated Accrued
Benefits as of the Determination Date.

(4)      For
the second Plan Year, the Accrued Benefit taken into account for a current
participant must not be less than the Accrued Benefit taken into account for
the first Plan Year unless the difference is attributable to using an estimate
of the Accrued Benefit as of the Determination Date for the first Plan year and
using the actual Accrued Benefit for the second Plan Year.

(5)      For
any other Plan Year, as if the Participant terminated service as of the
actuarial valuation date.

(6)      The
actuarial valuation date must be the same date used for computing the defined
benefit plan minimum funding costs, regardless of whether a valuation is
performed that Plan Year.

  

(g)      The
calculation of a Participant's Present Value of Accrued Benefit as of a
Determination Date shall be the sum of:

  

(1)      The
Present Value of Accrued Benefit using the actuarial assumptions of Section
2.4, which assumptions shall be identical for all defined benefit plans being
tested for Top Heavy Plan status.

(2)      Any
Plan distributions made within the Plan Year that includes the Determination Date
or within the four (4) preceding Plan Years.  However, in the case of
distributions made after the valuation date and prior to the Determination
Date, such distributions are not included as distributions for top heavy
purposes to the extent that such distributions are already included in the
Participant's Present Value of Accrued Benefit as of the valuation date. 
Notwithstanding anything herein to the contrary, all distributions, including
distributions made prior to January 1, 1984, and distributions under a
terminated plan which if it had not been terminated would have been required to
be included in an Aggregation Group, will be counted.  Further, benefits
paid on account of death, to the extent such benefits do not exceed the Present
Value of Accrued Benefits existing immediately prior to death, shall be treated
as distributions for the purposes of this paragraph.

(3)      Any
Employee contributions, whether voluntary or mandatory.  However, amounts
attributable to tax deductible Qualified Voluntary Employee Contributions shall
not be considered to be a part of the Participant's Present Value of Accrued
Benefit.

(4)      With
respect to unrelated rollovers and plan-to-plan transfers (ones which are both
initiated by the Employee and made from a plan maintained by one employer to a
plan maintained by another employer), if this Plan provides the rollovers or
plan-to-plan transfers, it shall always consider such rollovers or plan-to-plan
transfers as a distribution for the purposes of this Section.  If this
Plan is the plan accepting such rollovers or plan-to-plan transfers, it shall
not consider such rollovers or plan-to-plan transfers accepted after December
31, 1983, as part of the Participant's Present Value of Accrued Benefit. 
However, rollovers or plan-to-plan transfers accepted prior to January 1, 1984,
shall be considered as part of the Participant's Present Value of Accrued
Benefit.

(5)      With
respect to related rollovers and plan-to-plan transfers (ones either not
initiated by the Employee or made to a plan maintained by the same employer),
if this Plan provides the rollovers or plan-to-plan transfers, it shall not be
counted as a distribution for purposes of this Section.  If this Plan is
the plan accepting such rollovers or plan-to-plan transfers, it shall consider
such rollovers or plan-to-plan transfers as part of the Participant's Present
Value of Accrued Benefit, irrespective of the date on which such rollovers or
plan-to-plan transfers are accepted.

(6)      For
the purposes of determining whether two employers are to be treated as the same
employer in (4) and (5) above, all employers aggregated under Code Section
414(b), (c), (m) or (o) are treated as the same employer.

  

(h)      "Top
Heavy Group" means an Aggregation Group in which, as of the Determination
Date, the sum of:

  

(1)      The
Present Value of Accrued Benefits of Key Employees under all defined benefit
plans included in the group, and

(2)      The
Aggregate Accounts of Key Employees under all defined contribution plans
included in the group, exceeds sixty percent (60%) of a similar sum determined
for all Participants.

  

(i)       "Aggregate
Account" means, with respect to each Participant, the value of all
accounts maintained on behalf of a Participant, whether attributable to Employer
or Employee contributions, used to determine Top Heavy Plan status under the
provisions of a defined benefit contribution plan included in any Aggregation
Group (as defined in this Plan).

(j)       "Key
Employee" means an Employee as defined in Code Section 416(i) and the
Regulations thereunder.  Generally, any Employee or former Employee (as
well as each of his Beneficiaries) is considered a Key Employee if he, at any
time during the Plan Year that contains the "Determination Date" or any
of the preceding four (4) Plan Years, has been included in one of the following
categories:

  

(1)      An
officer of the Employer (as that term is defined within the meaning of the
Regulations under Code Section 416) having annual "415 Compensation"
greater than 50 percent of the amount in effect under Code Section 415(b)(1)(A)
for any such Plan Year.

(2)      One
of the ten employees having annual "415 Compensation" from the
Employer for a Plan Year greater than the dollar limitation in effect under
Code Section 415(c)(1)(A) for the calendar year in which such Plan Year ends
and owning (or considered as owning within the meaning of Code Section 318)
both more than one-half percent interest and the largest interests in the
Employer.

(3)      A
"five percent owner" of the Employer.  "Five percent
owner" means any person who owns (or is considered as owning within the
meaning of Code Section 318) more than five percent (5%) of the outstanding
stock of the Employer or stock possessing more than five percent (5%) of the
total combined voting power of all stock of the Employer or, in the case of any
unincorporated business, any person who owns more than five percent (5%) of the
capital or profits interest in the Employer.  In determining percentage
ownership hereunder, employers that would otherwise be aggregated under Code
Sections 414(b), (c), (m) and (o) shall be treated as separate employers.

(4)      A
"one percent owner" of the Employer having an annual "415
Compensation" from the Employer of more than $150,000.  "One
percent owner" means any person who owns (or is considered as owning
within the meaning of Code Section 318) more than one percent (1%) of the
outstanding stock of the Employer or stock possessing more than one percent
(1%) of the total combined voting power of all stock of the Employer or, in the
case of an unincorporated business, any person who owns more than one percent
(1%) of the capital or profits interest in the Employer.  In determining
percentage ownership hereunder, employers that would otherwise be aggregated
under Code Sections 414(b), (c), (m) and (o) shall be treated as separate
employers.  However, in determining whether an individual has "415
Compensation" of more than $150,000, "415 Compensation" from
each employer required to be aggregated under Code Sections 414(b), (c), (m)
and (o) shall be taken into account.

  

For purposes of this Section, the determination
of "415 Compensation" shall be made by including amounts that would
otherwise be excluded from a Participant's gross income by reason of the
application of Code Sections 125, 402(a)(8), 402(h)(1)(B) and, in the case of
Employer contributions made pursuant to a salary reduction agreement, by
including amounts that would otherwise be excluded from a Participant's gross
income by reason of the application of Code Section 403(b).

(k)      "Non-Key
Employee" means any Employee or former Employee (and his Beneficiaries)
who is not a Key Employee.

(l)       "Super
Top Heavy Plan" means a plan described in Section 11.2.

(m)     "Top
Heavy Plan" means a plan described in Section 11.2.

(n)      "Top
Heavy Plan Year" means a Plan Year commencing after December 31, 1983
during which a portion of the Plan is a Top Heavy Plan.

    Section 11.3 - Vesting if a
Portion of the Plan Becomes Top Heavy.

    Notwithstanding the vesting
otherwise provided for in the Plan for any Top Heavy Plan Year, the Vested
portion of the Accrued Benefit of any Non-Bargaining Unit Participant who has
an Hour of Service after the Plan becomes top heavy shall be a percentage of
such Participant's number of years of Service according to the following
schedule:

Vesting Schedule

Years of
Service                    Percentage

 
0-2                                         0%

      3                                     100%

    If in any subsequent Plan
Year, the portion of the Plan benefiting Non-Bargaining Unit Participants
ceases to be a Top Heavy Plan, the Administrator shall revert to the vesting
schedule in effect before this Plan became a Top Heavy Plan.  Any such
reversion shall be treated as a Plan amendment pursuant to the terms of the
Plan.

    Section 11.4 - Minimum
Benefit Requirement If a Portion of the Plan Becomes Top Heavy.

(a)      The
minimum Accrued Benefit derived from Employer contributions to be provided
under this Section for each Non-Key Employee who is a Non-Bargaining Unit
Participant during a Top Heavy Plan Year shall equal the product of (1)
one-twelfth (1/12th) of "415 Compensation" averaged over the five (5)
consecutive "limitation years" (or actual number of "limitation
years", if less) which produce the highest average and (2) the lesser of
(i) two percent (2%) multiplied by Plan Years of Service or (ii) twenty percent
(20%).

(b)      For
purposes of providing the minimum benefit under Code Section 416, a Non-Key
Employee who is not a Non-Bargaining Unit Participant solely because (1) his
Compensation is below a stated amount or (2) he declined to make mandatory
contributions to the plan will be considered to be a Participant. 
Furthermore, such minimum benefit shall be provided regardless of whether such
Non-Key Employee is employed on a specified date.

(c)      For
purposes of this Section, Plan years of Service for any Plan Year beginning
before January 1, 1984, or for any Plan Year during which the Plan was not a
Top Heavy Plan shall be disregarded.

(d)      For
purposes of this Section, "415 Compensation" for any "limitation
year" ending in a Plan Year which began prior to January 1,1984,
subsequent to the last "limitation year" during which the Plan is a
Top Heavy Plan, or in which the Participant failed to complete a Plan Year of
Service, shall be disregarded.

(e)      For
the purposes of this Section, "415 Compensation" shall be limited to
$200,000 (unless adjusted in such manner as permitted under Code Section
415(d)).  However, for Plan Years beginning prior to January 1, 1989, the
$200,000 limit shall apply only for Top Heavy Plan Years and shall not be
adjusted.

(f)       If
the Plan provides for the Normal Retirement Benefit to be paid in a form other
than a single life annuity, the Accrued Benefit under this Section shall be the
Actuarial Equivalent of the minimum Accrued Benefit under (a) above pursuant to
Section 2.3.

(g)      If
payment of the minimum Accrued Benefit commences at a date other than Normal
Retirement Date, the minimum Accrued Benefit shall be the Actuarial 
Equivalent of the minimum Accrued Benefit commencing at Normal Retirement Date
pursuant to Section 2.3.

(h)      To
the extent required to be nonforfeitable under this Plan, the minimum Accrued
Benefit under this Section may not be forfeited under Code Section 411(a)(3)(B)
or Code Section 411(a)(3)(D).

ARTICLE
XII

RESTRICTIONS
ON BENEFITS PAYABLE TO HIGHLY

COMPENSATED
PARTICIPANTS

    Section 12.1 - IRS
Limitations.  This Article sets forth limitations required by the
Internal Revenue Service on the pension benefits payable to certain
Participants.  It shall apply to a Participant only if his anticipated annual
pension exceeds $1,500.00 and the Participant was among the 25 highest paid
employees of the Company on (a) January 1, 1973; or (b) the date of the most
recent amendment which substantially increased pension benefits (a
"Substantive Amendment Date").  The limitations set forth in
this Article shall become applicable if:

(a)      The
Plan is terminated within ten years after January 1, 1973 (or a Substantive
Amendment Date, if applicable);

(b)      The
Pension of a Participant becomes payable within such ten year period, or

(c)      The
Pension of a Participant becomes payable after such ten year period and the
full current costs for the ten year period have not been funded.

    If subparagraph (b) above is
applicable, the restrictions shall remain in effect until the later of the
expiration of the ten year period or the date on which the full current costs
have been funded.

    If a Participant is subject to
the provisions of this Article, the Pension payable to him shall not exceed the
Pension which can be provided from the greatest of the following:

(a)      The
Company's contributions (or funds attributable thereto) which would have been
applied to provide benefits for the Participant if the Plan had not been
amended on the Substantive Amendment Date and had not continued without change;

(b)      $20,000.00;
or

(c)      The
sum of (1) the Company's contributions (or funds attributable thereto) which
would have been applied to provide benefits for the Participant if the Plan had
been terminated on the day before the Substantive Amendment Date (if
applicable) and (2) an amount computed by multiplying the number of years for
which the current costs of the Plan have been met after January 1, 1973 (or the
Substantive Amendment Date, if applicable), by 20% of the first $50,000.00 of
the Participant's average annual compensation during his last 5 years of
employment.

    The limitations described
above may be exceeded for the purposes of making current benefit payments to
retired Participants who would otherwise be subject to such restrictions,
provided that (a) the contributions which may be used for any such retired
Participant in accordance with the restrictions heretofore indicated are
applied to provide either a level amount of pension in the basic form of
benefit provided for under the Plan for such Participant, or a level amount of
pension in an optional form of benefit not greater in amount than the level
amount of Pension under the basic form of benefit, and (b) the pension thus
provided is supplemented by monthly payments to the extent necessary to provide
the full pension in the basic form called for by the Plan, and (c) such
supplemental payments are made only if the full current costs of the Plan have
been met or if the aggregate of such supplemental payments for all such retired
Participants does not exceed the aggregate Company contributions already made
under the Plan in the year then current.

    The limitations in this
Article shall automatically become inoperative and of no effect upon a ruling
by the Internal Revenue Service that they are not required.

ARTICLE
XIII

PLAN
TERMINATION

    Section 13.1 - Right to
Terminate.  In accordance with the procedures set forth in this
Article, the Company and the Union have the right to terminate the Plan at any
time.  In the event of the dissolution, merger, consolidation or
reorganization of the Company, the Plan shall terminate and the Retirement Fund
shall be liquidated unless the Plan is continued by a successor to the Company
in accordance with Section 10.1.  Subject to applicable requirements, if
any, of ERISA governing termination of "Employee Pension Benefit
Plans," the Trustees shall liquidate the Retirement Fund in accordance
with the provisions of this Article.

    Section 13.2 - Partial
Termination.  Upon termination of the Plan with respect to a group of
Participants which constitutes a partial termination of the Plan, the Trustees
shall allocate for the benefit of the Eligible Employees then or theretofore
employed by the Employer with respect to which the Plan is being terminated the
proportionate interest of such Participants in the Retirement Fund in the
manner and the order set forth in Section 4044 of ERISA.  The Actuary
shall make this determination on the basis of the contributions made by the
Company, the provisions of this Article, and such other considerations as the
Actuary deems appropriate.  The Fiduciaries shall have no responsibility
with respect to the determination of any such proportionate interest.

    Section 13.3 - Liquidation
of Retirement Fund.  Upon termination of the Plan, or upon termination
of employment of a group of Participants constituting a partial termination of
the Plan, each such Participant's Accrued Benefit, based on his Accrual Service
prior to the date of termination shall become fully vested and nonforfeitable
to the extent funded.  Upon complete termination of the Plan, the assets
of the Retirement Fund shall be liquidated (after provision is made for the
expenses of liquidation), subject to the requirements of PBGC by the payment or
provision for the payment of benefits in the following order of preference:

(a)      Certain
Benefits Payable Three Years Prior to Termination: The available assets of
the Retirement Fund shall first be allocated to provide pensions that became
payable three or more years before the effective date of Plan termination, or
that could have become payable at the beginning of such three year period had
the Participant not deferred the commencement of his Pension by failing to
elect earlier commencement, or that could have become payable had a
Participant's retirement occurred immediately prior to the beginning of such
three year period, provided that:

  

(i)       The
portion of the pension payable to a Participant or the beneficiary of a Participant
(or that could have been payable) shall be based on the provisions of the Plan
in effect five years prior to the effective date of Plan termination; and for
this purpose, the first Plan Year in which an amendment became effective, or
was adopted, if later, shall constitute the first year an amendment was in
effect; and further provided that:

(ii)      If
the pension payable under the Plan had been reduced, either by amendment or due
to the form in which the pension is being paid, during the three year period
ending on the effective date of Plan termination, then the lowest benefit in
pay status during such three year period shall be considered the benefit in pay
status for purposes of this category (a).

  

(b)      Other
Benefits Eligible for Termination Insurance: To the extent that the amount
of a pension has not been provided in the foregoing category (a), the remaining
assets shall be allocated to provide any pension provided under the Plan for a
Participant whose employment terminated prior to the effective date of Plan
termination, or any immediate or deferred pension that would have been payable
to or on behalf of a Participant had his employment terminated for a reason
other than death on the effective date of Plan termination, provided that the
amount of a pension to be provided under this category (b) shall be determined
as follows:

  

(i)       The
portion of the pension payable to a Participant or the beneficiary of a
Participant (or that could have been payable) based on the provisions of the
Plan in effect five years prior to the effect date of Plan termination; and for
this purpose, the first Plan Year in which an amendment became effective, or
was adopted, if later, shall constitute the first year an amendment was in
effect; plus

(ii)      The
portion of the pension payable to a Participant or the beneficiary of a
Participant which would have been included in (i) above had the Plan or a Plan
amendment been in effect five years prior to the effective date of Plan
termination, determined as follows: 20% for each Plan Year (less than five)
that the Plan or an amendment thereto was in effect, multiplied by the amount
that would have been included under subparagraph (1) for such Participant or
beneficiary had the Plan or the  amendment been in effect for five Plan
Years as of the effective date of Plan termination;

(iii)     No
benefit payable under this category (b) to a Participant or beneficiary shall
exceed an amount with an actuarial value of a monthly benefit in the form of a
life only annuity commencing at age 65 equal to $750.00 multiplied by a
fraction, the numerator of which is the contribution and benefit base
determined under Section 230 of the Social Security Act in effect at the
effective date of Plan termination and the denominator of which is such
contribution and benefit base in effect in calendar year 1974.

  

(c)      Other
Vested Benefits: To the extent that the amount of a pension has not been
provided in the foregoing categories (a) and (b), the remaining assets in the
Retirement Fund shall be allocated to provide the benefit payable under the
Plan to or on behalf of a Participant whose employment terminated prior to the
effective date of Plan termination, or that would have been payable to or on
behalf of a Participant had his employment terminated for a reason other than
death on the effective date of Plan termination, in the following order of
preference:

  

(i)       to
any Participant who had retired under Section 4.1 prior to the effective date
of Plan termination or who was eligible to retire under said Section on the
effective date of Plan termination;

(ii)      to
any Participant who had retired under Section 4.3 prior to the effective date
of Plan termination or who was eligible to retire under said Section on the
effective date of Plan termination; or

(iii)     to
any Participant whose employment had terminated with entitlement to a deferred
vested pension under Section 4.4 prior to the effective date of Plan
termination or who would have been eligible for a deferred vested pension under
said Section had his employment terminated on the effective date of Plan
termination.

  

(d)      Other
Benefits: To the extent that the amount of pension has not been provided in
the foregoing categories (a), (b) and (c), the remaining assets shall be
allocated to provide the benefit accrued under the Plan, without regard to the
satisfaction of the vesting requirements of this Plan, with respect to each
Participant whose employment had not terminated as of the effective date of
Plan termination, according to the respective actuarial value of each such
Participant's Accrued Benefit.

    If the assets of the
Retirement Fund applicable to any of the above categories are insufficient to
provide full benefits for all persons in such group, the benefits otherwise
payable to such persons shall be reduced proportionately.  The Actuary
shall calculate the allocation of the assets of the Retirement Fund in
accordance with the above priority categories, and certify his calculations to
the Fiduciaries.  No liquidation of assets and payment of benefits (or
provision therefor) shall actually be made by the Trustee until after it is
advised by the Company in writing that applicable requirements, if any, of
ERISA governing termination of "Employee Pension Benefit Plans" have
been, or are being complied with or that appropriate authorizations, waivers,
exemptions or variances have been, or are being, obtained.

    Section 13.4 - Manner of
Distribution.  Subject to the foregoing provisions of Article XIII and
applicable PBGC rules, any distribution after termination of the Plan may be
made, in whole or in part, to the extent that no discrimination in value
results, in cash, in securities or other assets in kind, or in non-transferable
annuity contracts, as the Trustees, in their discretion, shall determine.

    Section 13.5 - Residual
Amounts.  In no event shall the Company or any participating Employer
receive any amounts from the Retirement Fund upon termination of the
Plan.  After satisfaction of all liabilities of the Plan, any amounts
which remain shall be distributed to Participants according to the following
formula: To each Participant, a fraction of the Retirement Fund's residual
assets equal to the fraction attained when the numerator is the Participant's
total Years of Accrual Service and the denominator is the total years of
Accrual Service for all Participants in the Plan.

ARTICLE
XIV

CONSTRUCTION

    Section 14.1 - Construction. 
The masculine gender, where appearing in the Plan, shall be deemed to include
the feminine gender, and the singular may include the plural, unless the
context clearly indicates to the contrary.  The words "hereof",
"herein", "hereunder", and other similar compounds of the
word "here" shall mean and refer to the entire Plan, not to any particular
provision or Section.

    Section 14.2 - Authority of
Trustees: In discharging the duties assigned to them under this Plan, the
Trustees and, to the extent authority has been delegated to the Plan
Administrator and his or her delegates, all of such persons and his or her
delegates have the discretion and final authority to interpret and construe the
terms of the Plan; to determine coverage and eligibility for benefits under the
Plan; and to make all other determinations deemed necessary or advisable for
the discharge of their duties or the administration of the Plan.  The
discretionary authority of the Trustees, the Plan Administrator and their
respective delegates is final, absolute, conclusive and exclusive, and binds
all parties so long as it is exercised in good faith.  It is specifically
intended that judicial review of any decision of the Trustees, the Plan
Administrator or their delegates be limited to the arbitrary and capricious
standard of review.

GRAPHIC COMMUNICATIONS
                          BMC
INDUSTRIES, INC.

INTERNATIONAL UNION,
TWIN                        

CITIES LOCAL 6A

By: /s/C. David
Jara                                       
             By:
/s/Brad Carlson

 

UNION
TRUSTEES:                                                 COMPANY
TRUSTEES:

/s/C. David
Jara                                                           /s/Wesley
S. Cohen

/s/Brian C.
Moser                                                        /s/Dennis Malecek

/s/Richard W.
Pruden                                                  /s/Brad
Carlson

/s/Donald F.
Schuldt                                                   /s/Cynthia Wingert

 

Dated as of this 18th day of June, 2002.

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