Document:

Future Brands LLC Retirement Savings Plan

 Exhibit 10.1 
 FORTUNE BRANDS 
 HOURLY EMPLOYEE RETIREMENT SAVINGS PLAN 
 (Amended and Restated 
 Effective as of
October 1, 1999) 
 Working Copy through 15th Amendment 

 FORTUNE BRANDS 
 HOURLY EMPLOYEE RETIREMENT SAVINGS PLAN 
 The Fortune Brands Hourly Employee Retirement Savings Plan was
established as of January 1, 1996, as an amendment, restatement and continuation of the Moen Incorporated Employee Savings Plan and the Waterloo Industries, Inc. Employee Savings Plan for Production and Maintenance Employees (each a “Prior
Plan”). Effective as of October 1, 1999, the Plan is hereby amended and restated in its entirety and renamed the Fortune Brands Hourly Employee Retirement Savings Plan. 
 INTRODUCTION 
 The Fortune Brands Hourly Employee Retirement Savings Plan was established as of
January 1, 1996, as an amendment, restatement and continuation of the Moen Incorporated Employee Savings Plan and the Waterloo Industries, Inc. Employee Savings Plan for Production and Maintenance Employees (each a ‘Prior Plan’).
Effective as of October 1, 1999, the Plan is hereby amended and restated in its entirety and renamed the Fortune Brands Hourly Employee Retirement Savings Plan. 
 On and after April 1, 2006, a portion of the Plan is designed to invest primarily in Fortune Common Stock through investment in the Fortune Stock Fund and is intended to satisfy the requirements of a
non-leveraged employee stock ownership plan set forth in Sections 401(a), 409, and 4975(e) of the Internal Revenue Code (the ‘ESOP’). The remaining portion of the Plan is a profit sharing plan intended to satisfy all requirements of
Section 401(a) of the Code and includes a cash or deferred arrangement intended to satisfy the requirements of Section 401(k) of the Code (the ‘Non-ESOP’). The ESOP portion of the Plan shall consist of all amounts credited to
Participants’ Accounts that are invested in the Fortune Stock Fund. The Non-ESOP portion of the Plan shall consist of all amounts credited to Participants’ Accounts that are not invested in the Fortune Stock Fund. The Committee shall
maintain such Accounts and subaccounts as are deemed necessary or appropriate to reflect the value of Participants’ Accounts in the ESOP portion of the Plan and the Non-ESOP portion of the Plan.” 

 ARTICLE I 
 DEFINITIONS 
 1.01. The following words and phrases have the respective meanings stated below unless
a different meaning is plainly required by the context: 
 (a) “ACCO Common Stock” means the common stock of ACCO Brands
Corporation as now constituted and any other common stock into which it may be reclassified. 
 (b) “ACCO Spin-Off” means
the distribution of ACCO Common Stock by Fortune to its stockholders. 
 (c) “ACCO Stock Fund” means the portion of the
Trust Fund so designated and provided for in Section 5.01. 
 (d) “Account(s)” means the Tax Deferred Account, Company
Matching Account, Profit Sharing Account, After-Tax Account, Rollover Account, After-Tax Rollover Account, Catch-Up Account, Therma-Tru Money Purchase Account, Therma-Tru Qualified Nonelective Account, Therma-Tru Post-2001 Employer Matching Account,
Therma-Tru Prior Employer Account, and Therma-Tru Profit Sharing Account, and Kinston Profit Sharing Account so designated and provided for in Section 5.01. 
 (e) “Account Balance(s)” means, for each Participant, former Participant or Beneficiary, the total balance standing to his Account or Accounts on the date of reference determined in accordance with
valuation procedures described in Article V. Any Account Balances held in the Fortune Stock Fund, the Gallaher Fund or the ACCO Stock Fund are represented by units standing to the credit of Account Balances in such funds. 
 (f) “ADRs” means American Depository Receipts 
 (g) “After-Tax Account” means any one of the accounts so designated and provided for in Section 5.01. 
 (h) “After-Tax Contributions” means any contributions made by a Participating Employer that are attributable to the reduction in compensation on an after-tax basis that a Participant elects from such
Participating Employer each Plan Year as described in Section 3.03. 
 (i) “After-Tax Rollover Account” means any one
of the accounts so designated and provided for in Section 5.01. 
 (j) “After-Tax Rollover Contributions” means amounts
of after-tax contributions attributable to part or all of an “eligible rollover distribution” (within the meaning of Code Section 402(c)(4) and the Treasury Regulations thereunder) transferred to this Plan pursuant to
Section 3.04 as the result of the distribution of a Participant’s account under another eligible retirement plan as described in Section 3.04. 
  

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 (k) “Alternate Payee” means any spouse, former spouse, child or other dependent of a
Participant who is recognized by a Qualified Domestic Relations Order as having a right to receive all or a portion of a Participant’s benefits payable under the Plan. 
 (l) “Approved Form of Election” means a request or an election made through the voice response system, Internet, intranet or other
electronic media approved by the Retirement Committee or on a written election form filed with the Participating Employer on a form approved by the Retirement Committee. Notwithstanding the foregoing, no request or election will be deemed to have
been made until all required documentation, information, signatures, consents, notarizations and attestations required for such request or election are provided to the Retirement Committee or its designee. 
 (m) “Approved Leave of Absence” means an absence authorized or recognized by a Participating Employer under its standard personnel
practices. In all events an Approved Leave of Absence by reason of “military service” (as defined in Code Section 414(u)) will end no later than the time at which a Participant’s reemployment rights are protected by federal or
state law. 
 (n) “Beneficiary” means the person or persons designated by a Participant, former Participant or Beneficiary
to receive any benefits under the Plan which may be due upon the Participant’s, former Participant’s or Beneficiary’s death. 
 (o) “Business Day” means any day on which the New York Stock Exchange is open. 
 (p) “Catch-Up
Account” means any one of the accounts so designated and provided for in Section 5.01. 
 (q) “Close of
Business” means the normal closing time of the New York Stock Exchange or such other time as is designated by the Retirement Committee. 
 (r) “Code” means the Internal Revenue Code of 1986, as amended from time to time. 
 (s) “Company”
means Fortune Brands, Inc., a Delaware corporation, and any successors to all or substantially all its business. 
 (t) “Company
Matching Account” means any one of the accounts so designated and provided for in Section 5.01. 
 (u) “Company
Matching Contributions” means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 3.02. 
  

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 (v) “Compensation” means, except as otherwise provided in Section 5.06 and 14.01,
the basic salary or wages, overtime, shift premiums, commissions and bonuses paid by a Participating Employer to a Covered Employee for personal services, and other amounts includible in the Covered Employee’s gross income on account of such
services, including his Tax Deferred Contributions under this Plan or amounts elected to be contributed under a program established pursuant to Code Section 125 (including “deemed 125 compensation” as defined in Revenue Ruling
2002-27) or Code Section 132(f) but limited to $200,000 annually (as adjusted to reflect the applicable dollar amount under Code Section 401(a)(17)). Notwithstanding the foregoing, “Compensation” with respect to an Employee of
Boone International, Inc. means the total cash remuneration paid by the Participating Employer to the Participant in a Plan Year for services, including base pay, overtime pay, shift premiums, commissions, sales bonuses, annual incentive bonuses and
amounts, if any, deferred under this Plan or under Code Section 125 (including “deemed 125 compensation” as defined in Revenue Ruling 2002-27) or Code Section 132(f)(4) but limited to $200,000 annually (as adjusted to reflect the
applicable dollar amount under Code Section 401(a)(17)), and excluding all other compensation, such as, but not limited to, any production bonus, project bonus, referral bonus, sign-on bonus, stay bonus, severance payments and other special
payments such as awards, gifts, prizes, reimbursement for moving expenses, payments to Participants for military service, tuition reimbursement, amounts deferred under a deferred compensation plan of a Participating Employer and amounts under any
long-term incentive plan or other employee benefit program. 
 (w) “Covered Employee” means an Employee who is a member of a
group of Employees to which the Plan has been and continues to be extended by a Participating Employer, including (1) Employees of Moen Incorporated employed in non-supervisory production or distribution positions, (2) Employees of
Waterloo Industries, Inc. employed in the Pocahontas, Arkansas, Sedalia, Missouri or Muskogee, Oklahoma Plants of Waterloo Industries, Inc. in production or maintenance positions, (3) hourly-paid Employees of MasterBrand Cabinets, Inc. employed
in the Grants Pass, Oregon, Littlestown, Pennsylvania, Crossville, Tennessee or Kinston, North Carolina locations or distribution centers of MasterBrand Cabinets, Inc. (excluding any hourly-paid Employee who is classified by MasterBrand Cabinets,
Inc. in salary band C.A.B.I.N.E.T.S.Y.O.U.), (4) hourly-paid Employees of MasterBrand Cabinets, Inc. employed at the Arthur, Illinois or Auburn, Alabama facilities, (5) hourly-paid Employees of MasterBrand Cabinets, Inc. employed at the
Talladega, Alabama facility (6) hourly-paid Employees of Omega Cabinets, Ltd., (7) hourly-paid Employees of Capital Cabinet Corporation, (8) hourly-paid Employees of the Distributive Assembly Group of MasterBrand Cabinets, Inc.
located at Talladega, Alabama, (9) hourly-paid Employees of Therma-Tru Corp. The Term “Covered Employee” does not include an Employee covered under a collective bargaining agreement with any Participating Employer which fails
to provide for his inclusion under this Plan, or an Employee employed at an operating unit acquired or created by a Participating Employer unless, and until, the Plan is extended to Employees at such unit. For any Plan Year, the term “Covered
Employee” also does not include any individual not classified on a Participating Employer’s payroll records as an Employee even if a court or administrative agency determines that such individual is a common law employee and not an
independent contractor, Leased Employee or such other category as classified by the Participating Employer. 
  

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 (x) “Date of Employment” means the date an Employee first performs an Hour of Service.

 (y) “Disability” means a physical or mental condition of a Participant which renders him permanently incapable of
continuing any employment for wage or profit and for which such Participant receives Social Security disability benefits. Proof of receipt by the Participating Employer of Social Security disability benefits will be required. 
 (z) “Effective Date” means January 1, 1996. 
 (aa) “Eligible Compensation” means Compensation excluding any (1) severance pay whether paid before or after Severance From Service, (2) amounts deferred under a plan of a Related Employer
until such amounts are paid, (3) amounts paid under any long-term incentive plan, (4) tax protection payments or foreign service overbase allowances or premiums, (5) reimbursement for expenses incurred or to be incurred,
(6) non-cash remuneration such as taxable amounts for life insurance coverage or use of an automobile or stock options or awards, (7) remuneration paid in currency other than U.S. dollars, or (8) relocation allowances, sign-on bonuses
and other non-recurring payments. 
 (bb) “Employee” means any person employed by a Participating Employer on a salaried,
hourly paid or commission basis and paid on such Participating Employer’s U.S. payroll, excluding any person classified by the Participating Employer as an independent contractor or any person covered under a collective bargaining agreement
unless the collective bargaining agreement provides for coverage under the Plan. In no event will an individual be an “Employee” under this Section 1.01(bb) for a Plan Year unless the individual is treated by a Participating Employer
for such Plan Year as its employee for purposes of employment taxes and wage withholding regardless of any subsequent reclassification by the Participating Employer, any governmental agency or court. 
 (cc) “Entry Date” means, with respect to each Covered Employee, the date as of which the Plan is extended to the group of Employees of
which he is a member and the first day of each subsequent month. 
 (dd) “ERISA” means the Employee Retirement Income
Security Act of 1974, as amended from time to time. 
 (dd1) ‘ESOP’ means the portion of the Plan that is designed to invest
primarily in Fortune Common Stock through investment in the Fortune Stock Fund, and is intended to satisfy the requirements of a non-leveraged employee stock ownership plan set forth in Code Sections 401(a), 409, and 4975(e). The ESOP consists of
all amounts credited to Participants’ Accounts that are invested in the Fortune Stock Fund. 
 (ee) “Fair Market Value”
on any date means the value reported by the Trustee as being the fair market value at such date as determined by it according to its usual methods and procedures. 
  

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 (ff) “Fiduciaries” means the Company, the Board of Directors of the Company and the
board of directors of any other Participating Employer, the Retirement Committee, the Trusts Investment Committee and the Trustee, but only with respect to the specific responsibilities of each as described in Article X. The term
“Fiduciaries” also includes any Participant, former Participant or Beneficiary, but only to the extent such Participant, former Participant or Beneficiary is acting as a named fiduciary (within the meaning of ERISA Section 403(a)(1))
with respect to the exercise of voting rights of shares of Fortune Common Stock held in the Fortune Stock Fund, shares of ACCO Common Stock held in the ACCO Stock Fund or Gallaher ADRs held in the Gallaher Fund or the tender, deposit, sale, exchange
or transfer of such shares or ADRs (and any rights within the meaning of Section 4.31(a)) as provided in Section 4.21 or 4.31. 
 (gg) “Forfeiture” means the portion of a Participant’s Account Balances to which he is not entitled at the termination of his employment as determined in Section 6.05. 
 (hh) “Fortune” means Fortune Brands, Inc., a Delaware corporation, its successors and assigns. 
 (ii) “Fortune Common Stock” means the common stock of Fortune as now constituted and any other common stock into which it may be
re-classified. Fortune Common Stock is readily tradable on an established securities market and meets the definition of an ‘employer security’ under Code Section 409(l) 
 (jj) “Fortune Stock Fund” means the portion of the Trust Fund so designated and provided for in Section 4.01 and which fund is
primarily invested in Fortune Common Stock. 
 (kk) “Gallaher” means Gallaher Group Plc, a public limited company
incorporated under the laws of England and Wales. 
 (ll) “Gallaher Fund” means the portion of the Trust Fund so designated
and provided for in Section 4.01. 
 (mm) “Gallaher Spin-Off” means the distribution of Gallaher ADRs by Fortune to its
stockholders. 
 (nn) “Highly Compensated Employee” means for a Plan Year any employee who: 
 (1) was at any time during the Plan Year or preceding Plan Year a 5% owner of any Related Employer (within the meaning of Code
Section 416(i)(1)); or 
 (2) received compensation for the preceding Plan Year from any Related Employer in excess of
$80,000. 
  

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 The $80,000 amount will be adjusted at the same time and in the same manner as under Code Section 415(d), except
that the base period is the calendar quarter ended September 30, 1996. 
 A former Employee will be treated as a Highly Compensated
Employee if such Employee was a Highly Compensated Employee when such Employee incurred a Severance From Service or if such Employee was a Highly Compensated Employee at any time after attaining age 55. 
 (oo) “Hour of Service” means: 
 (1) each hour for which an Employee is paid or entitled to payment for the performance of duties for a Related Employer. These hours will be credited to the Employee for the computation period or periods in which the
duties are performed; 
 (2) each hour for which an Employee is paid or entitled to payment by a Related Employer on account
of a period of time during which no duties are performed (irrespective of whether the employment relationship has terminated) due to vacation, holiday, illness, incapacity (including disability), layoff, jury duty, military duty or leave of absence.
No more than 501 Hours of Service will be credited under this section for any single continuous period (whether or not such period occurs in a single computation period). Hours under this section will be calculated and credited pursuant to
Section 2530.200b-2 of the Department of Labor Regulations, which are incorporated herein by reference; and 
 (3) each
hour for which back pay, irrespective of mitigation of damages, is either awarded or agreed to by a Related Employer. The same Hours of Service will not be credited under paragraph (1) or paragraph (2), and under this paragraph (3). These hours
will be credited to the computation period or periods to which the award or agreement pertains rather than the computation period in which the award, agreement or payment is made. 
 (pp) “Investment Fund(s)” means the investment funds listed in Section 4.01(a) and the Loan Fund held under the Trust Fund.

 (qq) “Investment Manager” means one or more investment counsel appointed as provided in Section 12.03. 

(rr) “Leased Employee” means any person who is not a Participant and who provides services to a Participating Employer pursuant to an
agreement between the Participating Employer and any other person (leasing organization) and has performed such services on a substantially full-time basis for at least a year primarily under the direction or control of the Participating Employer. A
Leased Employee will be deemed an Employee for purposes of crediting Vesting Service and Years of Eligibility Service, but will not be eligible for benefits under the Plan unless he otherwise satisfies the criteria for eligibility under
Section 2.01 as a Covered Employee. 
  

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 (ss) “Loan Fund” means the portion of the Trust Fund so designated and provided for in
Section 4.01. 
 (ss1) ‘Non-ESOP’ means the portion of the Plan that constitutes a profit sharing plan intended to
satisfy all requirements of Code Section 401(a) and includes a cash or deferred arrangement intended to satisfy the requirements of Code Section 401(k). The Non-ESOP consists of all amounts credited to Participants’ Accounts that are
not invested in the Fortune Stock Fund. 
 (tt) “Non-Participating Employer” means any Related Employer which is not a
Participating Employer. 
 (uu) “Participating Employer” means, individually, Moen Incorporated, Waterloo Industries, Inc.,
MasterBrand Cabinets, Inc., Therma-Tru Corp., and any other Related Employer which adopts this Plan for its eligible Employees. 
 (vv)
“Plan” means this Fortune Brands Hourly Employee Retirement Savings Plan. 
 (ww) “Plan Administrator”
means the Company. 
 (xx) “Plan Year” means the calendar year. 
 (yy) “Prior Plan” means, where applicable, the (1) Moen Incorporated Employee Savings Plan or its predecessor, the Moen
Incorporated Savings Plus Plan and (2) Waterloo Industries, Inc. Employee Savings Plan for Production and Maintenance Employees (3) the Fortune Brands Retirement Savings Plan, (4) the Omega Cabinets, Ltd. 401(k) Plan, (5) the
Capital Cabinet Corp. 401(k) Profit Sharing Plan, and (6) the Therma-Tru 401(k) Retirement Savings Plan. 
 (zz) “Profit Sharing
Account” means any one of the accounts so designated and provided for in Section 5.01(e). 
 (aaa) “Profit Sharing
Contributions” means any contributions made to the Profit Sharing Account of a Participant by a Participating Employer as provided for in Section 3.11. 
 (bbb) “Qualified Domestic Relations Order” means any domestic relations order (as defined in Code Section 414(p)) that creates, recognizes or assigns to an Alternate Payee the right to receive
all or a portion of a Participant’s benefits payable hereunder and that meets the requirements of Code Section 414(p), as determined by the Retirement Committee. 
 (ccc) “Related Employer” means the Company and any corporation or other business entity which is included in a controlled group of
corporations within which the Company is also included, as provided in Code Section 414(b) (as modified for purposes of Sections 5.06 and 5.07 of this Plan by Code Section 415(h)), or which is a trade or business under common control
with the Company, as provided in Code Section 414(c) (as modified, for 
  

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 purposes of Sections 6.04 and 6.05, by Code Section 415(h)), or which constitutes a member of an affiliated
service group within which the Company is also included, as provided in Code Section 414(m), or which is required to be aggregated with the Company pursuant to regulations issued under Code Section 414(o). 
 (ddd) “Restatement Date” means October 1, 1999. 
 (eee) “Retirement” means retirement under a retirement plan of a Related Employer or, if the Participant is not covered by a retirement plan of a Related Employer, retirement (1) on or after age
65, (2) on or after age 55 and completion of at least five years of Vesting Service or (3) due to disability that qualifies him for benefits under a long-term disability income plan maintained by a Related Employer or Disability Insurance
Benefits under the federal Social Security Act. 
 (fff) “Retirement Committee” means the Corporate Employee Benefits
Committee of Fortune. 
 (ggg) “Rollover Account” means any of the accounts so designated and provided for in
Section 5.01(d). 
 (hhh) “Rollover Contributions” means amounts (other than after-tax contributions) attributable to
part or all of an ‘eligible rollover distribution’ (within the meaning of Code Section 402(c)(4) and the Treasury Regulations thereunder) transferred to this Plan pursuant to Section 3.04 as the result of the distribution of a
Participant’s account under another eligible retirement plan as described in Section 3.04. 
 (iii) “Service”
means, subject to the provisions of Section 6.06, the period commencing on the employee’s Date of Employment and ending on his Severance From Service. 
 (jjj) “Severance From Service” means the earlier of the following dates: 
 (1) the date on which an Employee terminates employment, is discharged, retires or dies; or 
 (2) the first
anniversary of the first day of a period in which an Employee remains absent from service (with or without pay) with all Related Employers for any reason other than one listed in paragraph (1) next above. If such Employee is on an Approved
Leave of Absence on such first anniversary, he will be deemed to have incurred a Severance From Service on the expiration of such Approved Leave of Absence, unless he returns to active employment with a Related Employer on or before that date.
Notwithstanding anything herein to the contrary, an Employee will not incur a Severance From Service due to an absence for maternity or paternity reasons until the second anniversary of the first date of such absence. For purposes of this section,
an absence from work for maternity or paternity reasons means an absence: 
 (A) by reason of the pregnancy of the individual;

  

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 (B) by reason of a birth of a child of the individual; 
 (C) by reason of the placement of a child with the individual in connection with the adoption of such child by such individual; or

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

The Employee will be required to furnish the Retirement Committee with such timely information as the Retirement Committee may reasonably require to
establish both that the absence from work is for maternity or paternity reasons and the number of days for which there was such an absence. 
 A transfer from employment with one Related Employer to another Related Employer or a change in status from Employee to Leased Employee will not be considered a Severance From Service. 
 (kkk) “Tax Deferred Account” means any one of the accounts so designated and provided for in Section 5.01. 
 (lll) “Tax Deferred Contributions” means any contributions made by a Participating Employer that are attributable to the reduction in
compensation on a pre-tax basis a Participant agrees to accept from such Participating Employer each Plan Year as described in Section 3.01. 
 (mmm) “Termination of Employment Without Fault” means any involuntary separation of a Participant by a Participating Employer or Non-Participating Employer other than by reason of Retirement, Disability, failure to maintain
work standards, dishonesty or other misconduct prejudicial to the Participating Employer or Non-Participating Employer by which the Participant is employed, absence without prescribed notice, or refusal to return from layoff or Approved Leave of
Absence within the prescribed period. 
 (mmml) ‘Therma-Tru Money Purchase Account’ means any of the accounts so designated
and provided for in Section 5.01. 
 (mmm2) ‘Therma-Tru Qualified Nonelective Account’ means any of the accounts so
designated and provided for in Section 5.01. 
 (mmm3) ‘Therma-Tru qualified Nonelective Contributions’ means any
contributions made by Therma-Tru Corp. to an eligible Participant’s Therma-Tru Qualified Nonelective Account as provided for in Section 3.03A. 
 (mmm4) ‘Therma-Tru Post-2001 Employer Matching Account’ means any of the accounts so designated and provided for in Section 5.01. 
  

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 (mmm5) ‘Therma-Tru Prior Employer Account’ means any of the accounts so designated and
provided for in Section 5.01. 
 (mmm6) ‘Therma-Tru Profit Sharing Account’ means any of the accounts so designated and
provided for in Section 5.01. 
 (nnn) “Trust” means the trust created and maintained for the purposes of the Plan.

 (ooo) “Trust Agreement” means Fortune Brands, Inc. Savings Plans Master Trust Agreement, as it may be amended from time
to time. 
 (ppp) “Trustee” means the trustee from time to time acting under the Trust Agreement, including any successor
trustee. 
 (qqq) “Trust Fund” means all money, securities and other property held under the Trust Agreement for the
purposes of the Plan, together with the income therefrom. 
 (rrr) “Trusts Investment Committee” means the Trusts Investment
Committee of Fortune. 
 (sss) “Vesting Service” means a Participant’s credit for purposes of determining his right to
a nonforfeitable benefit under the Plan, as determined in accordance with Article VI. Vesting Service means service as an Employee with any Related Employer, determined as follows: 
 (1) Vesting Service will be determined from the Participant’s Date of Employment or reemployment in completed full years and
fractions of years in excess of completed full years, each 12 months of employment constituting a full year of Vesting Service, and each 30 days of employment completed in excess of full years of Vesting Service counted as 1/12th of a year of
Vesting Service. 
 (2) Subject to paragraph (3) below, each Employee will be credited with Vesting Service during any
period of employment with any Related Employer, extending to the date he incurs a Severance From Service. 
 (3)
Notwithstanding any other provision of the Plan to the contrary, if a Participant incurs a Severance From Service and is subsequently reemployed by any Related Employer, his Vesting Service will be reinstated, as follows: 
 (A) if the Employee is reemployed within 12 months after the date he is first absent from active employment, the Vesting Service he had at
the date of first absence from active employment will be reinstated upon his reemployment, and he will receive credit for Vesting Service for the period between the date he was first absent from active employment and his reemployment; or 

 

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 (B) if the Employee is reemployed after 12 months have elapsed after he is first absent
from active employment, the Vesting Service he had at the date he was first absent from active employment will be reinstated upon his reemployment, but he will not receive credit for Vesting Service for the period between the date he is first absent
from active employment and the date of his reemployment. 
 Notwithstanding the foregoing, the Vesting Service of each Participant for the
period prior to January 1, 1996 will not be less than as determined under the provisions of the applicable Prior Plan. 
 (ttt)
“Year of Eligibility Service” means any consecutive 12-month period of employment, as herein set forth, during which an Employee completes 1,000 or more Hours of Service. The first consecutive 12-month period to be taken into
account for this purpose will be the consecutive 12-month period commencing with the Employee’s Date of Employment or date of reemployment. The second consecutive 12-month period to be taken into account for this purpose will be the Plan Year
which includes the first anniversary of the Employee’s Date of Employment or the Employee’s date of reemployment. All subsequent 12-month periods to be taken into account for this purpose will correspond with Plan Years. 
 ARTICLE II 
 ELIGIBILITY AND PARTICIPATION

 2.01. Eligibility. 
 (a) Participation Prior to Restatement Date. Each Covered Employee who was a Participant on the day prior to the Restatement Date will continue to be a Participant on the Restatement Date, provided he remains a Covered Employee.

 (b) Participation On or After Restatement Date. Each Covered Employee who was not a Participant on the day prior to the Restatement
Date will be eligible to have Tax Deferred Contributions and After-Tax Contributions made on his behalf in accordance with Sections 3.01 and 3.03, respectively, on the earlier of (1) the date he is employed in a position where he is
regularly scheduled to work at least 20 hours per week (provided such date is on or after October 1, 1999), and (2) the first Entry Date coincident with or succeeding the date on which he completes at least one Year of Eligibility Service,
in each case provided he is a Covered Employee on that date. 
 2.02. Continued Participation. Each Covered Employee who becomes a
Participant will thereafter continue as such through his Severance From Service. No Tax Deferred Contributions, After-Tax Contributions or Profit Sharing Contributions will be made, however, for a Participant with respect to any period of employment
during which he is not a Covered Employee. 
  

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 2.03. Change in Status. If an Employee is transferred from a position in which he was not a
Covered Employee to a position in which he is a Covered Employee, he will be eligible to become a Participant or resume Tax Deferred Contributions and After-Tax Contributions, as the case may be, as of the first day coincident with or next following
the later to occur of (i) such transfer or (ii) satisfaction of the requirements of Section 2.01; provided, however, that an Employee who at the time of transfer was contributing under another defined contribution plan (as defined in
Code Section 414(i)) that provides for matching Employer contributions will be eligible as soon as practicable after the later of (i) or (ii) above. 
 2.04. Reemployment. Any Participant who terminates employment and is subsequently reemployed as a Covered Employee will become a Participant upon his reemployment. 
 ARTICLE III 
 401(k) SAVINGS
CONTRIBUTIONS 
 3.01. Tax Deferred Contributions. 
 (a) Rate of Tax Deferred Contributions. Each Participant may enter into a salary reduction agreement with his Participating Employer which will apply to all Compensation received thereafter. The salary
reduction agreement will provide that the Participant agrees to a reduction in salary from the Participating Employer by an amount equal to an integral percentage of up to 50% of his Compensation. The Participating Employer will make a Tax Deferred
Contribution to the Plan on behalf of such Participant, corresponding to the amount of such reduction for each pay period. The Participating Employer may limit the maximum salary reduction percentage to a lesser percentage of Compensation, provided
such policy does not impermissibly discriminate against Covered Employees who are not Highly Compensated Employees. Tax Deferred Contributions will be paid at least monthly to the Trustee by the Participating Employers. Any election pursuant to this
Section 3.01 must be made by an Approved Form of Election. Such election will be effective on the first day of the first payroll period for which the Participating Employer can process such election. 
 (b) Automatic Enrollment. If a Covered Employee fails to affirmatively enroll in the Plan or fails to affirmatively decline enrollment in the Plan
within 60 days from the date that the Covered Employee is first eligible to make Tax Deferred Contributions in accordance with Sections 2.01 and 2.02, such Covered Employee will be deemed to have entered into a salary reduction agreement with
his Participating Employer to reduce his Compensation on a pre-tax basis by 3%. The Participating Employer of the Covered Employee will make a Tax Deferred Contribution on behalf of such Covered Employee, corresponding to the amount of such
reduction. Such deemed election will commence on the first day of the first pay period for which the Covered Employee’s Participating Employer can process the deemed election, provided such election will not take effect before the 60th day
following the date the Covered Employee first becomes eligible to make Tax Deferred Contributions. 
  

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 (c) Changes in Rate of Tax Deferred Contributions. Each Participant may elect to change the rate
of, discontinue or resume his Tax Deferred Contributions at any time by making an Approved Form of Election. Any such election will be effective on the first day of the first payroll period for which the Participating Employer can process such
election. The Retirement Committee may establish additional rules regarding the timing and frequency of a change in the amount of Tax Deferred Contributions or, provided such policy is applied uniformly, to all Participants of the Participating
Employer. Notwithstanding any other provision of this Plan to the contrary, a Participating Employer may refuse to give effect to any salary reduction agreement entered into by a Participant at any time if the Participating Employer determines that
such refusal is necessary to ensure that the additions to a Participant’s Accounts for any Plan Year will not exceed the limitations set forth in Sections 3.05, 3.06, 3.07 and Sections 5.06, 5.07 and 5.08 of the Plan. 
 3.02. Company Matching Contributions. 
 (a) Rate of Company Matching Contributions. Subject to the conditions and limitations of this Article III and Article XIII, each of Participating Employers MasterBrand Cabinets, Inc., Moen Incorporated, Waterloo Industries, Inc.,
Omega Cabinets, Ltd., and Capital Cabinet Corporation will contribute under the Plan for each Participant in its employ during each payroll period an amount based on the Tax Deferred Contributions and After-Tax Contributions, if any, made on his
behalf during each payroll period by such Participating Employer. 
 (1) The Company Matching Contribution for each
Participant employed by Moen Incorporated and each Participant employed by Waterloo Industries, Inc. will be equal to 50% of the Participant’s Tax Deferred Contributions and After-Tax Contributions, if any, to the extent the rate of such Tax
Deferred Contributions and After-Tax Contributions, if any, in effect from time to time does not exceed 6% of his Eligible Compensation. 
 (2) The Company Matching Contribution for each hourly-paid Participant employed in the Littlestown, Pennsylvania, Crossville, Tennessee or Kinston, North Carolina or Talladega, Alabama locations or distribution
centers of MasterBrand Cabinets, Inc. will be equal to 40% of the Participant’s Tax Deferred Contributions and After-Tax Contributions, if any, to the extent the rate of such Tax Deferred Contributions and After-Tax Contributions, if any, does
not exceed 5% of his Eligible Compensation. 
 (3) The Company Matching Contribution for each hourly-paid Participant employed
in the Grants Pass, Oregon or Hillsboro, Oregon locations will be equal to 50% of the Participant’s Tax Deferred Contributions or After-Tax Contributions, if any, to the extent the rate of such Tax Deferred Contributions or After-Tax
Contributions, if any, does not exceed 3% of his Eligible Compensation. 
  

 14 

 (4) The Company Matching Contribution for each Participant employed in the Schrock
Cabinet business of MasterBrand Cabinets, Inc. will be equal to 50% of the Participant’s Tax Deferred Contributions or After-Tax Contributions to the extent the rate of such Tax Deferred Contributions or After-Tax Contributions in effect from
time to time does not exceed 5% of his Eligible Compensation and an additional 50% of the Participant’s Tax Deferred Contributions or After-Tax Contributions to the extent the rate of such Tax Deferred Contributions or After-Tax Contributions
in effect from time to time does not exceed 3% of his Eligible Compensation. 
 (5) The Company Matching Contribution for each
Participant employed by Omega Cabinets, Ltd. will be equal to 50% of the Participant’s Tax Deferred Contributions and After-Tax Contributions, if any, to the extent the rate of such Tax Deferred Contributions and After-Tax Contributions in
effect from time to time does not exceed 6% of his Eligible Compensation. 
 (6) The Company Matching Contribution for each
Participant employed by Capital Cabinet Corporation will be 100% of the Participant’s Tax Deferred Contributions and After-Tax Contributions (not including any catch-up contributions made pursuant to Section 3.12), if any, to the extent
that the rate of such Tax Deferred Contributions and After-Tax Contributions in effect from time to time does not exceed 4% of his Eligible Compensation. 
 Company Matching Contributions will be paid at least monthly to the Trustee by the Participating Employers. Notwithstanding any other provision in the Plan to the contrary, no Company Matching Contributions will be
made on amounts a Participant elects to defer pursuant to Section 3.12 regardless of whether such deferrals are determined to satisfy the requirements of Section 414(v) of the Code at the end of the Plan Year. 
 (b) Eligibility for Allocation. With the exception of certain Participants employed by the Distributive Assembly Group of MasterBrand Cabinets,
Inc. at Talladega, Alabama and certain Participants employed by Therma-Tru Corp., on whose behalf no Company Matching Contributions will be made, each Participant who is a Covered Employee of a Participating Employer will be entitled to an
allocation of Company Matching Contributions under this Section 3.02 if he made Tax Deferred Contributions or After-Tax Contributions during the a payroll period. 
 (c) Additional Limitations. Notwithstanding the foregoing and in addition to the limitations set forth in Sections 3.06 and 3.07, no Company Matching Contributions will be made with respect to excess Tax
Deferred Contributions distributed pursuant to Section 3.05 or excess After-Tax Contributions distributed pursuant to Section 3.07 and Company Matching Contributions made with respect thereto will be returned to the Participating Employer
pursuant to Section 13.03. 
 (d) Special Company Matching Contributions. Waterloo Industries, Inc. will make an additional
Company Matching Contribution only for Plan Year 1999 in the 
  

 15 

 amount of $200 for each Covered Employee employed at its Pocahontas, Arkansas and Sedalia, Missouri facilities who was
employed prior to Plan Year 1999. The additional Company Matching Contribution will be made whether or not the Covered Employee makes Tax Deferred Contributions or After-Tax Contributions. A Covered Employee initially employed during Plan Year 1998
will not be eligible for an allocation of the additional Company Matching Contribution until completion of a Year of Eligibility Service. A Covered Employee who is allocated the additional Company Matching Contribution will be deemed to be a
Participant with respect thereto even though the Covered Employee does not make Tax Deferred Contributions or Company Matching Contributions. 
 3.03. After-Tax Contributions. 
 (a) Rate of After-Tax Contributions. Each Participant may enter into a salary
reduction agreement to accept a reduction in salary from the Participating Employer on an after-tax basis by an amount equal to an integral percentage of up to 50% of his Compensation, minus the percentage he elected to contribute on a pre-tax
basis. The Participating Employer will make an After-Tax Contribution to the Plan on behalf of such Participant, corresponding to the amount of such reduction for each pay period. The Participating Employer may limit the maximum salary reduction
percentage to a lesser percentage of Compensation, provided such policy does not impermissibly discriminate against Employees who are not Highly Compensated Employees. After-Tax Contributions will be paid at least monthly to the Trustee by the
Participating Employers. Any election pursuant to this Section 3.03(a) must be made by an Approved Form of Election. Such election will be effective on the first day of the first payroll period for which the Participating Employer can process
such election. 
 (b) Changes in Rate of After-Tax Contributions. Each Participant may elect to change the rate of, discontinue or
resume his After-Tax Contributions at any time by making an Approved Form of Election. Any such election will be effective on the first day of the first payroll period for which the Participating Employer can process such election. The Retirement
Committee may establish additional rules regarding the timing and frequency of a change in the amount of After-Tax Contributions, provided such policy is applied uniformly to all Participants of the Participating Employer. 
 3.03A. Therma-Tru Qualified Nonelective Contribution. 
 (a) Amount. On behalf of each eligible Participant, Therma-Tru Corp. will make a Qualified Nonelective Contribution in the amount of 3% of the eligible Participant’s Compensation for the Plan Year.

 (b) Allocation to Accounts. Any Qualified Nonelective Contribution made by Therma-Tru Corp. pursuant to this Section 3.03A
will be allocated to the Therma-Tru Qualified Nonelective Accounts of eligible Participants based on such eligible Participants’ Compensation for such Plan Year. 
  

 16 

 (c) Eligibility for Allocation. For purposes of this Section 3.03A, each Participant who is a
Covered Employee of Therma-Tru Corp. during a Plan Year will be entitled to an allocation of any Qualified Nonelective Contribution of Therma-Tru Corp. for that Plan Year. 
 (d) Definition. For purposes of this Section 3.03A, the term ‘Compensation’ has the same meaning as set forth in
Section 1.01(v). 
 3.04. Rollover Contributions. 
 (a) Eligible Amounts. Regardless of whether an Employee has become a Participant in the Plan, a Covered Employee who is eligible to make Tax Deferred Contributions to the Plan in accordance with
Section 2.01 may at any time transfer (or cause to be transferred) to the Trust Fund up to the entire amount of money and other property received from another eligible retirement plan (as that term is defined in Code Section 402(c)(8)(B)),
which constitutes an eligible rollover distribution within the meaning of Code Section 402(c)(4), including any after-tax contributions that are not includible in gross income, provided that (A) such amount is received by the Trustee
within 60 days after the Employee’s receipt of such payment, or (B) such amount is directly transferred to the Trust Fund from such other eligible retirement plan, and (C) the Plan separately accounts for the portion of the eligible
rollover distribution that is not includible in gross income and the portion that is so includible. Notwithstanding the foregoing, after-tax contributions must be directly transferred to the Trust Fund. 
 The Covered Employee must obtain the prior approval of his Participating Employer or its designee to make a rollover contribution to this Plan. The
Covered Employee must furnish his Participating Employer or its designee with a written statement that the contribution to the Trust Fund is a rollover contribution, together with such other statements and information as may be required by his
Participating Employer or its designee in order to establish that such contribution does not contain amounts from sources other than provided above and that such rollover contribution otherwise meets the requirements of law. Acceptance by the
Trustee of any amount under these provisions may not be construed as a determination of the Employee’s tax consequences by either the Participating Employer, the Trustee or their respective designees. 
 (b) Limitation on Assets Transferred. Except as otherwise provided in this Section 3.04 or Section 5.05 or as provided in Exhibit A,
assets will not be transferred to the Plan or Trust Fund from any other plan or trust. 
 3.05. Limitation on Annual Amount of Tax
Deferred Contributions. 
 (a) Maximum Annual Amount. The maximum amount of Tax Deferred Contributions (other than contributions
described in Section 3.12) which may be made on behalf of each Participant in any calendar year pursuant to this Plan and any other qualified plan may not exceed the dollar limitation for such year under Code Section 402(g). 
  

 17 

 (b) Procedure for Requesting Return of Excess Deferrals. If a Participant makes elective deferrals
to this Plan and to any other qualified plan in excess of the dollar limit specified above for the Participant’s taxable year, then the Participant must notify his Participating Employer in writing by March 1 of the following year of the
amount, if any, to be refunded from this Plan. The notice must specify the amount of excess Tax Deferred Contributions received by the Plan for the preceding year. The notice must be accompanied by the Participant’s written statement that if
the excess is not distributed, the Tax Deferred Contributions, when added to amounts deferred under other qualified plans, exceed the limit imposed on the Participant by Code Section 402(g) for the taxable year in which the deferral occurred.
If the Participant fails to notify the Retirement Committee by March 1, no refund will be made pursuant to this Section 3.05. 
 (c) Return of Excess Deferrals. The amount to be refunded will be paid to the Participant in a single payment no later than April 15 following the close of the taxable year and will include any income or loss allocated to the
refund, as determined in Section 3.05(d). Although the excess deferral may be refunded, it will still be considered as an elective deferral for the Plan Year in which it was originally made and will be included in the Actual Deferral Percentage
of a Highly Compensated Employee. 
 (d) Income or Loss Allocable for Taxable Year. The income or loss allocable to excess pre-tax
deferrals for the Participant’s taxable year will be determined by multiplying the income or loss for the Participant’s taxable year allocable to the Participant’s elective deferrals for such year by a fraction, the numerator of which
is the amount of excess pre-tax deferrals for such taxable year and the denominator of which is equal to the sum of (1) the total Account Balances in the Participant’s Tax Deferred Account as of the beginning of the taxable year, plus
(2) the Participant’s Tax Deferred Contributions for such taxable year. Income or loss allocable to excess elective deferrals for the period between the end of the Plan Year in which such excess deferrals arose and the date of distribution
of such excess deferrals will be determined in accordance with Treasury Regulations under Code Section 401(k). 
 3.06. Actual
Deferral Percentage Tests. 
 (a) Tests. The Actual Deferral Percentage for the Highly Compensated Employees may not exceed for any
Plan Year the greater of: 
 (1) the Actual Deferral Percentage for all other Covered Employees, multiplied by 1.25; or

 (2) the Actual Deferral Percentage for all other Covered Employees, multiplied by two; provided, however, the
Actual Deferral Percentage for the Highly Compensated Employees does not exceed the Actual Deferral Percentage for all other Covered Employees by more than two percentage points. 
  

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 For the purpose of the foregoing tests: 
 (1) those Covered Employees who were not directly or indirectly eligible to have Tax Deferred Contributions made for them at any time
during the Plan Year will be disregarded; 
 (2) if two or more plans which include cash or deferred arrangements are
considered one plan for purposes of Code Section 401(a)(4) or 410(b) (other than Code Section 410(b)(2)(A)(ii)), the cash or deferred arrangements included in those plans will be treated as one arrangement; 
 (3) if two or more plans with the same testing methods as set forth in this Section and Section 3.07 are permissibly aggregated for
purposes of the foregoing tests, the aggregated plans must also satisfy Code Sections 401(a)(4) and 410(b) as though they were one plan; and 
 (4) if a Highly Compensated Employee is a participant in two or more cash or deferred arrangements of the Participating Employers or Related Employers, all such cash or deferred arrangements will be treated as one
cash or deferred arrangement for determining the Actual Deferral Percentage of that Highly Compensated Employee. 
 (b) Actual Deferral
Percentage. The Actual Deferral Percentage for a specified group of Covered Employees for a Plan Year will be the average of the ratios (calculated separately) for the Covered Employees in such group of: 
 (1) the amount of Tax Deferred Contributions (excluding Tax Deferred Contributions made pursuant to Code Section 414(u) by reason of
a Covered Employee’s qualified military service) and Special Company Contributions made pursuant to Section 3.09 actually paid to the Trustee on behalf of each such Covered Employee for such Plan Year, to 
 (2) his Compensation for such Plan Year. 
 The calculation shall be performed using the Actual Deferral Percentage for each of the Highly Compensated Employees and the non-Highly Compensated Employees for the current Plan Year, except that for the 1999 Plan Year, the Actual Deferral
Percentage of non-Highly Compensated Employees from the prior Plan Year was substituted for that of the current Plan Year. For the 1999 Plan Year, the Actual Deferral Percentage was calculated by substituting the Actual Deferral Percentage of
non-Highly Compensated Employees from the prior Plan Year for that of the current Plan Year. 
 (c) Return of Excess Contributions.
The Company or its designee will determine after the end of the Plan Year whether the Actual Deferral Percentage results satisfy either of the tests contained in Section 3.06(a). If neither test is satisfied, the excess amount for each Highly
Compensated Employee will be distributed to the Participant (together with any income allocable thereto) within 12 months following the Plan Year for which the excess Tax Deferred Contributions were made. 
  

 19 

 These excess contributions and any income allocable thereto will be determined using the “ration
leveling method” and will be returned to the Highly Compensated Employee(s) beginning with the Highly Compensated Employee(s) with the greatest dollar amount of excess contributions and continuing in descending order until either of the tests
set forth in Section 3.06(a) hereof are satisfied. The amount so determined is distributed to the Highly Compensated Employees according to the dollar amount of their contributions used in calculating the ratio, beginning with the Highest
Compensated Employee with the greatest amount. 
 (d) Adjustment for Income or Losses. The excess Tax Deferred Contributions for each
Highly Compensated Employee will be adjusted for income or loss during the Plan Year, in the manner prescribed in Section 3.05(d). 
 (e) Forfeiture of Company Matching Contributions. Tax Deferred Contributions which are refunded will cause the corresponding Company Matching Contributions, whether vested or nonvested, to be forfeited. 
 (f) Definition of Compensation. For purposes of this Section 3.06, the term “Compensation” will have the meaning prescribed in Code
Section 414(s). 
 3.07. Actual Contribution Percentage Tests. 
 (a) Tests. The Actual Contribution Percentage for the Highly Compensated Employees may not exceed for any Plan Year the greater of: 
 (1) the Actual Contribution Percentage for all other Covered Employees, multiplied by 1.25; or 
 (2) the Actual Contribution Percentage for all other Covered Employees, multiplied by two; provided, however, the Actual
Contribution Percentage for the Highly Compensated Employees does not exceed the Actual Contribution Percentage for all other Covered Employees by more than two percentage points. 
 For the purpose of the foregoing tests: 
 (1) those Covered Employees who were not directly or indirectly eligible to have After-Tax Contributions or Company Matching Contributions made for them at any time during the Plan Year will be disregarded;

 (2) if two or more plans to which employee contributions and matching contributions are made are considered one plan for
purposes of Code Section 401(a)(4) or 410(b) (other than Code Section 410(b)(2)(A)(ii)), all employee contributions and matching contributions will be treated as made under the same plan; 
  

 20 

 (3) if two or more plans with the same testing methods as set forth in Section 3.06
and this Section are permissibly aggregated for purposes of the foregoing tests, the aggregated plans must also satisfy Code Sections 401(a)(4) and 410(b) as though they were one plan; and 
 (4) if a Highly Compensated Employee is a participant in two or more plans of the Related Employers to which employee contributions or
matching contributions are made, all such plans will be treated as one plan for purposes of determining the Actual Contribution Percentage of that Highly Compensated Employee. 
 (b) Actual Contribution Percentage. The Actual Contribution Percentage for a specified group of Covered Employees for a Plan Year will be the
average of the ratios (calculated separately) for the Covered Employees in such group of: 
 (1) the amount of Company
Matching Contributions and After-Tax Contributions (excluding Company Matching Contributions and After-Tax Contributions made pursuant to Code Section 414(u) by reason of a Covered Employee’s qualified military service) actually paid to
the Trustee on behalf of each such Covered Employee for such Plan Year, to 
 (2) his Compensation for the Plan Year.

 The calculation shall be performed using the Actual Contribution Percentage for each of the Highly Compensated Employees and the non-Highly Compensated
Employees for the current Plan Year, except that for the 1999 Plan Year, the Actual contribution Percentage of non-Highly Compensated Employees from the prior Plan Year was substituted for the current Plan Year. 
 To the extent permitted by Treasury Regulations, Tax Deferred Contributions and non-elective employer contributions under any other tax-qualified
retirement plan may be added to (1) above. 
 For the 1999 Plan Year, the Actual Contribution Percentage was calculated by substituting
the Actual Contribution Percentage of non-Highly Compensated Employees from the prior Plan Year for that of the current Plan Year. 
 (c)
Return of Excess Contributions. The Company or its designee will determine after the end of the Plan Year whether the Actual Contribution Percentage results satisfy either of the tests contained in Section 3.07(a). If neither test is
satisfied, the excess amount (“Excess Aggregate Contributions”) for each Highly Compensated Employee will be distributed to him (together with any income allocable thereto) within 12 months following the Plan Year for which the Excess
Aggregate Contributions were made. 
  

 21 

 These Excess Aggregate Contributions and any income allocable thereto will be determined using the
“ratio leveling method” and will be retruned to the Highly Compensated Employee(s) beginning with the greatest dollar amount of Company Matching Contributions and After-Tax Contributions and continuing in descending order until either of
the tests set forth in Section 3.07(a) hereof are satisfied. The amount so determined is distributed to the Highly Compensated Employees according to the dollar amount of the Company Matching Contributions and After-Tax Contributions used in
calculating the ratio, beginning with the Highly Compensated Employee with the greatest amount. 
 (d) Adjustment for Income and Loss.
The Excess Aggregate Contributions for each Highly Compensated Employee will be adjusted for income or loss during the Plan Year, in the manner prescribed in Section 3.05(d). 
 (e) Definition of Compensation. For purposes of this Section 3.07, the term “Compensation” will have the meaning prescribed in Code
Section 414(s). 
 3.08. Alternate Percentage Test. In the event that the Actual Deferral Percentage for the Highly Compensated
Employees for any Plan Year is more than the Actual Deferral Percentage for all other Covered Employees multiplied by 125% and the Actual Contribution Percentage for Highly Compensated Employees for the same Plan Year is more than the Actual
Contribution Percentage for all other Covered Employees multiplied by 125%, then the sum of the Actual Deferral Percentage for Highly Compensated Employees plus the Actual Contribution Percentage for Highly Compensated Employees for such Plan Year
may not exceed the greater of: 
 (a) the sum of: 
 (1) 125% of the greater of (A) the Actual Deferral Percentage of the group of all other Covered Employees, or (B) the Actual
Contribution Percentage of the group of all other Covered Employees, and 
 (2) two percentage points plus the lesser of
(A) the Actual Deferral Percentage of the group of all other Covered Employees, or (B) the Actual Contribution Percentage of the group of all other Covered Employees. 
 In no event, however, will the amount described in subsection 3.08(a)(2) exceed 200% of the lesser of (2)(A) and (B) next above;
and 
 (b) the sum of: 
 (1) 125% of the lesser of (A) the Actual Deferral Percentage of the group of all other Covered Employees, or (B) the Actual Contribution Percentage of the group of all other Covered Employees, and 
 (2) two percentage points plus the greater of (A) the Actual Deferral Percentage of the group of all other Covered Employees, or
(B) the Actual Contribution Percentage of the group of all other Covered Employees. 
  

 22 

 In no event, however, will the amount described in this subsection 3.08(b)(2) exceed 200% of the lesser
of (2)(A) and (B) next above. 
 In the event the sum of the Actual Deferral Percentage for Highly Compensated Employees plus the
Actual Contribution Percentage for Highly Compensated Employees exceeds the amount set forth in this Section 3.08, the Actual Deferral Percentage for the Highly Compensated Employees or the Actual Contribution Percentage for the Highly
Compensated Employees will be reduced in the manner provided in Sections 3.06 and 3.07, until such excess no longer exists. 
 This
Section 3.08 shall not apply to Plan Years beginning after December 31, 2001. 
 3.09. Special Company Contributions.

 (a) Determination of Special Rate. In order to meet the nondiscrimination requirements of Code Sections 401(k) and 401(m) (as set
forth in Sections 3.06 and 3.07 of the Plan), any Participating Employer may, in its discretion and by action of its board of directors, establish a special rate of employer contributions applicable only to certain Participants who are not Highly
Compensated Employees of such Participating Employer. 
 (b) Allocation of Special Company Contributions. If contributions made under
this Section 3.09 are made to meet the nondiscrimination requirements of Code Section 401(k) (as set forth in Section 3.06 of the Plan), then such contributions will be deemed, for all Plan purposes except Section 8.01, to be Tax
Deferred Contributions, and will be allocated to the Tax Deferred Accounts of the Participants for whom the contributions were made; provided, however, that Company Matching Contributions will not be made based upon such contributions. If
contributions made under this Section 3.09 are made to meet the nondiscrimination requirements of Code Section 401(m) (as set forth in Section 3.07 of the Plan), then such contributions will be deemed, for all Plan purposes except
Section 8.01, to be Company Matching Contributions, but will be allocated to the Tax Deferred Accounts of the Participants for whom the contributions were made employed by such Participating Employer who made Tax Deferred Contributions and such
contributions will be fully vested upon deposit. 
 (c) Limitations on Special Company Contributions. To the extent Special Company
Contributions are made to meet the nondiscrimination requirements of Code Section 401(k) (as set forth in Section 3.06 of the Plan), the timing and amount of such contributions will satisfy the requirements of Treasury Regulation
Section 1.401(k)-2(a)(6). To the extent Special Company Contributions are made to meet the nondiscrimination requirements of Code Section 401(m) (as set forth in Section 3.07 of the Plan), the timing and amount of such contributions
will satisfy the requirements of Treasury Regulation Section 1.401(m)-2(a)(6). 
  

 23 

 3.10. Uniformed Service Absence. Notwithstanding any provision of this Plan to the contrary,
effective as of December 12, 1994, contributions, benefits and service credit with respect to qualified military service will be provided in accordance with Code Section 414(u). 
 3.11. Special Contribution for Kinston, NC Employees. Beginning with the 2000 Plan Year, MasterBrand Cabinets, Inc. will make a Profit Sharing
Contribution each year in the amount of $200 for each Covered Employee at its Kinston, North Carolina facility who is employed at the Kinston, North Carolina facility on December 31 of the applicable year. The Profit Sharing Contribution will
be made whether or not the Covered Employee makes Tax Deferred Contributions or After-Tax Contributions. A Covered Employee who is allocated the Profit Sharing Contribution will be deemed to be a Participant with respect thereto even though the
Covered Employee does not make Tax Deferred Contributions or Profit Sharing Contributions. 
 3.12. Catch-Up Contributions. All
Participants who are eligible to make Tax Deferred Contributions under Section 3.01 of this Plan and who have attained age 50 before the close of a Plan Year shall be eligible to make catch-up contributions in such year in accordance with, and
subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the Plan implementing the required limitations of Sections 402(g) and 415 of the Code. The
Plan shall not be treated as failing to satisfy the provisions of the Plan implementing the requirements of Sections 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up
contributions. Effective January 1, 2004 a Participant’s elective deferrals under the Plan, including catch-up contributions under this section, shall not exceed 75% of his Compensation. 
 ARTICLE IV 
 INVESTMENT
PROVISIONS 
 4.01. Investment Funds. 
 (a) Separate Funds. The Trust Fund will consist of the following separate Investment Funds, to be administered as provided in this
Article IV, and the “Loan Fund,” to be administered as provided in Article IX: 
 (1) Fortune Stock Fund;

 (2) Gallaher Stock Fund; 
 (3) ACCO Stock Fund; 
 (4) Short-Term Investment Fund; 
 (5) Intermediate Bond Fund(s); 
 (6) Corporate/Government Bond Fund; 
 (7) Balanced Fund; 
 (8) Core Equity Fund(s); 
  

 24 

 (9) Small-Cap Value Equity Fund; 
 (10) Small-Cap Growth Equity Funds; 
 (11) Mid-Cap Value Equity Fund; 
 (12) Large-Cap Value Equity Fund; 
 (13) Equity Fund; 
 (14) S&P 500 Index Fund; 
 (15) Large-Cap Growth Equity Funds; 
 (16) International Equity Fund(s); 
 (17) International Growth and Income Equity Fund; and 
 (18) Lifestyle Funds. 
 (b) Assets Pending Allocation, Investment in Investment Funds and Maturity and Redemption. Contributions to the Plan may be uninvested
pending allocation to the Investment Funds. The Investment Manager of each Investment Fund, or the Trustee if there is no Investment Manager, may invest the Investment Fund in short-term investments or hold the assets thereof uninvested pending
orderly investment and to permit distributions, reallocations and transfers therefrom. 
 4.02. Investment Fund Elections. A
Participant’s Account Balances and contributions allocable to a Participant’s Accounts will be invested in the Investment Funds as follows: 
 (a) Initial Investment of Contributions. Except as provided in Section 4.02(f), each Participant may elect that the Tax Deferred Contributions, Company Matching Contributions, Profit Sharing Contributions,
After-Tax Contributions and Rollover Contributions allocable to his Accounts be invested, collectively with investment gains and losses allocated on a pro rata basis, in whole multiples of 1%, in any one or more of the Investment Funds. The same
investment election will apply to a Participant’s Tax Deferred Contributions, Company Matching Contributions, Profit Sharing Contributions and After-Tax Contributions. Tax Deferred Contributions that are automatically made pursuant to
Section 3.01(b) and Company Matching Contributions thereon will be invested in the age-appropriate Lifestyle Fund, based on uniform procedures established by the Plan Administrator, until the Participant elects to change his investment of such
contributions in accordance with this Section 4.02(a) or Section 4.02(b). Notwithstanding the foregoing, a separate investment election may be made for Rollover Contributions. Except as otherwise provided in Section 4.02(d), each
Participant may elect to change his investment elections with respect to new contributions allocable to his Account. 
 (b) Interfund
Transfers. Except as otherwise provided in Section 4.02(d) or Section 4.02(f), each Participant may at any time elect that his Account Balances be rearranged, in any one or more of the Investment Funds. 
 (c) Election Procedures. Any election to invest contributions, change the investment for new contributions or make interfund transfers within the
Plan (other than an automatic election made pursuant to Section 3.01(b)) must be made through an Approved Form of Election. Any such election made before the Close of Business on a Business Day will be 
  

 25 

 effective and valued as of the day such election is made. Any such election made on a day other than a Business Day or
after the Close of Business on a Business Day will be effective and valued as of the next Business Day. Notwithstanding the foregoing provisions on the effective date of elections, any election with respect to the Fortune Stock Fund, the Gallaher
Fund or the ACCO Stock Fund shall be subject to the availability of short-term investments in such Fund. 
 (d) Limitations on
Investments. Notwithstanding the foregoing, no contributions may be invested in the Gallaher Fund or the ACCO Stock Fund and no transfers may be made into the Gallaher Fund or the ACCO Stock Fund. 
 (e) Investment in Absence of Election. If a Participant fails to make an investment election in accordance with Section 4.02(a), the
contributions referred to in Section 4.02(a) will be invested in the age-appropriate Lifestyle Fund, based on uniform procedures established by the Plan Administrator. 
 (f) 2003 Transition Period. Effective August 1, 2003, additional mutual funds (“New Funds”) will be available under certain of the
Investment Funds listed in Section 4.01(a). Effective November 1, 2003, certain mutual funds (“Closing Funds”) will no longer be available under certain of the Investment Funds listed in Section 4.01(a). Effective
August 1, 2003, no new investment elections for the Closing Funds, and no interfund transfers into the Closing Funds, will be permitted. Investment elections in effect as of July 31, 2003 designating investment of contributions into the
Closing Funds will remain in effect through October 31, 2003, or such earlier date as a Participant may make a new investment election. After the close of business on October 31, 2003, any contribution investment elections designating a
Closing Fund will become invalid and will be replaced by a designation of a New Fund with similar risk/reward characteristics, based on uniform rules established by the Plan Administrator. Likewise, any assets remaining in a Closing Fund as of the
close of business on October 31, 2003, will be automatically transferred into a New Fund with similar risk/reward characteristics, based on uniform rules established by the Plan Administrator. 
 4.03. Administration of Fortune Stock Fund. Subject to the provisions of the Trust Agreement and Sections 4.20 through 4.21, the Trustee will
administer the Fortune Stock Fund as follows: 
 (a) Investment. The assets of the Fortune Stock Fund, including all income thereon and
increments thereto, will be invested primarily in Fortune Common Stock; provided, however, that, in order to permit orderly investment in Fortune Common Stock and pending such investment, the Trustee may hold uninvested any monies received by it in
or for the Fortune Stock Fund or may invest in collective short-term investment funds of the Trustee. 
 (b) Registration Upon
Distribution. Upon any distribution from the Fortune Stock Fund as a single distribution pursuant to Section 7.01(a)(2), all whole shares of Fortune Common Stock distributable therefrom will be registered in the name of the distributee and
delivered to him together with any cash from the Fortune Stock Fund to which the distributee is entitled. 
  

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 (c) Distributions Other Than in Stock. Upon any distribution from the Fortune Stock Fund pursuant
to the provisions of Article VII other than as a single distribution pursuant to Section 7.01(a)(2), the Trustee will retain all shares which would otherwise be distributable to the distributee and distribute in lieu thereof their Fair
Market Value on the applicable Business Day. 
 (d) Transfers Among Investment Funds. Upon any transfer from any Investment Fund
pursuant to the provisions of Section 4.02(b), the Trustee will, to the extent practicable, retain all shares which would otherwise have to be liquidated by reason of such transfer and transfer in lieu thereof their Fair Market Value on the
applicable Business Day. 
 (e) Rights Exercise; Sale of Stock. To the extent practicable, the Trustee will make transactions with
respect to or sell all rights to buy Fortune Common Stock received with respect to any shares held in the Fortune Stock Fund. The Trustee may determine to sell or exercise such rights. To the extent that there is insufficient cash in the Fortune
Stock Fund with which to exercise any such rights, or to make distribution or transfer of the Fair Market Value of any stock subject to retention, the Trustee may, in its discretion, sell such rights or retained stock or any part thereof; in the
case of any retained stock so sold the Fair Market Value thereof will be the net proceeds of sale instead of the Fair Market Value determined as provided in Article I. The Trustee may also obtain cash in such other manner deemed appropriate by the
Trustee provided such other manner is permitted by applicable law, will not affect the continued qualified status of the Plan or the tax-exempt status of the Trust under the Code and will not result in a “prohibited transaction” (as
defined in the Code or ERISA). 
 (f) Dividend Election. Effective April 1, 2006, each Participant (or his or her Beneficiary)
will have the right to elect to receive a cash payment of the dividends, if any, paid on the shares of Fortune Common Stock in the vested portion of his or her ESOP subaccounts or to reinvest such vested dividends in Fortune Common Stock in his or
her ESOP subaccounts. If a Participant (or his or her Beneficiary) does not make an affirmative election under this Section, he or she will be deemed to have elected to reinvest his or her vested dividends in the Fortune Stock Fund. The Committee
will establish rules and procedures for the election, including the procedures for determining the number of shares of Fortune Common Stock in each Participant’s ESOP subaccounts on the record date of the dividend and the vested portion of the
ESOP subaccounts. Reinvested dividends will be paid to the Plan and credited to the Participant’s ESOP subaccounts in proportion to the interest in the Fortune Stock Fund attributable to each Account. 
 4.04. Investment of Short-Term Investment Fund. Subject to the provisions of the Trust Agreement and of Section 4.03(e), the assets of the
Short-Term Investment Fund, including all income thereon and increments thereto, will be invested and reinvested in bonds, debentures, mortgages, equipment or other trust certificates, notes, obligations issued by or guaranteed by the United States
Government or its agencies, domestic bank certificates of deposit, domestic bankers’ acceptances and repurchase agreements, and high grade commercial paper, all of which will bear a fixed rate of return and are intended to minimize market
fluctuations, as selected by the Investment Manager, or if there is no such Investment Manager, 
  

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 by the Trustee (which may include investment in the Trustee’s short-term collective investment fund); provided,
however, that the Trusts Investment Committee may determine that the Short-Term Investment Fund be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 4.05. Investment of Intermediate Bond Fund(s). Subject to the provisions of the Trust Agreement and of Section 4.03(e), the assets of the
Intermediate Bond Fund(s), including all income thereon and increments thereto, will be invested and reinvested primarily in such obligations issued or guaranteed by the United States Government or its agencies, or by any State or local government
or their agencies, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the Intermediate Bond Fund(s) be comprised of a mutual
fund or funds having substantially the foregoing characteristics. 
 4.06. Investment of Corporate/Government Bond Fund. Subject to
the provisions of the Trust Agreement and of Section 4.03(e), the assets of the Corporate/Government Bond Fund, including all income thereon and increments thereto, will be invested and reinvested primarily in investment grade corporate bonds,
bonds issued by the United States Government or its agencies, domestic bank obligations and commercial paper, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts
Investment Committee may determine that the Corporate/Government Bond Fund be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 4.07. Investment of Growth-Oriented Diversified Fund. Subject to the provisions of the Trust Agreement and of Section 4.03(e), the assets of the Growth-Oriented Diversified Fund, including all income
thereon and increments thereto, will be invested and reinvested in such bonds, debentures, notes, equipment trust certificates, investment trust certificates, preferred stocks, common stocks, other securities (including any bonds, debentures, stock
and other securities of Fortune) primarily of companies with strong financial characteristics and good long-term prospects for above-average earnings or sales growth, or other properties, not necessarily of the nature hereinbefore itemized, as
selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the Growth-Oriented Diversified Fund be comprised of a mutual fund or funds
having substantially the foregoing characteristics. Effective November 1, 2003, the Growth-Oriented Diversified Fund will no longer be an Investment Fund available under the Plan. 
 4.08. Investment of Balanced Fund. Subject to the provisions of the Trust Agreement and of Section 4.03(e), the assets of the Balanced Fund,
including all income thereon and increments thereto, will be invested and reinvested primarily in companies which have a low price relative to the company’s earnings or cash flow, or relative to the past price history of the stock, as selected
by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the Balanced Fund be comprised of a mutual fund or funds having substantially the
foregoing characteristics. 
  

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 4.09. Investment of Core Equity Fund(s). Subject to the provisions of the Trust Agreement and of
Section 4.03(e), the assets of the Core Equity Fund(s), including all income thereon and increments thereto, will be invested and reinvested in any and all common stocks, preferred stocks and other equity securities which the Investment Manager
believes have a low price relative to the company’s earnings or cash flow, or relative to the past price history of the stock, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however,
that the Trusts Investment Committee may determine that the Core Equity Fund(s) be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 4.10. Investment of Small-Cap Value Equity Fund. Subject to the provisions of the Trust Agreement and of Section 4.03(e), the assets of the Small-Cap Value Equity Fund, including all income thereon and
increments thereto, will be invested and reinvested primarily in small companies that have the potential to grow fast, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the
Trusts Investment Committee may determine that the Small-Cap Value Equity Fund be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 4.11. Investment of Small-Cap Growth Equity Funds. Subject to the provisions of the Trust Agreement and of Section 4.03(e), the assets of the Small-Cap Growth Equity Funds, including all income thereon and
increments thereto, will be invested and reinvested primarily in small to medium-size companies that are early in their life cycle but which have the potential to become major enterprises (emerging growth companies), as selected by the Investment
Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the Small-Cap Growth Equity Funds be comprised of a mutual fund or funds having substantially the
foregoing characteristics. 
 4.12. Investment in the Mid-Cap Value Equity Fund. Subject to the provisions of the Trust Agreement and
of Section 4.03(e), the assets of the Mid-Cap Value Equity Fund, including all income thereon and increments thereto, will be invested primarily in securities of companies that are believed to possess valuable fixed assets or that are believed
to be undervalued in relation to factors such as assets, earnings or growth potential, as selected by the Investment Manager, or if there is no Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine
that the Mid-Cap Value Fund Equity be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 4.13.
Investment of Large-Cap Value Equity Fund. Subject to the provisions of the Trust Agreement and of Section 4.03(e), the assets of the Large-Cap Value Equity Fund, including all income thereon and increments thereto, will be invested and
reinvested primarily in income-producing equity securities, such as large cap ‘value’ stocks, and potentially in other types of equity and debt securities, as selected by the Investment Manager or, if there is no such Investment Manager,
by the Trustee; provided, however, that the Trusts Investment Committee may determine that the Large-Cap Value Equity Fund be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
  

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 4.14. Investment of Equity Fund. Subject to the provisions of the Trust Agreement and of
Section 4.03(e), the assets of the Equity Fund, including income thereon and increments thereto, will be invested and reinvested primarily in common stock of domestic and foreign issuers (‘growth’ or ‘value’ stocks, or both)
whose value the Investment Manager believes is not fully recognized by the public, provided, however, that the Trusts Investment Committee may determine that the Equity Fund be comprised of a mutual fund or mutual funds having substantially the
foregoing characteristics. 
 4.15. Investment of S&P 500 Index Fund. Subject to the provisions of the Trust Agreement and of
Section 4.03(e), the assets of the S&P 500 Index Fund, including all income thereon and increments thereto, will be invested and reinvested in a mutual fund that invests in 500 stocks that make up the S&P 500 proportionately to each
stock weighting in the index, as selected by the Trusts Investment Committee. 
 4.16. Investment of Large-Cap Growth Equity Fund.
Subject to the provisions of the Trust Agreement and of Section 4.03(e), the assets of the Large-Cap Growth Equity Fund, including all income thereon and increments thereto, will be invested and reinvested primarily in stocks of medium to
large-size companies with above-average earnings or sales growth, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the
Large-Cap Growth Equity Fund be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 4.17.
Investment of International Equity Fund(s). Subject to the provisions of the Trust Agreement and of Section 4.03(e), the assets of the International Equity Fund(s), including all income thereon and increments thereto, will be invested
and reinvested primarily in stocks of companies incorporated outside the United States, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may
determine that the International Equity Fund(s) be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 4.18. Investment of International Growth and Income Equity Fund. Subject to the provisions of the Trust Agreement and of Section 4.03(e), the assets of the International Growth and Income Equity Fund, including all income
thereon and increments thereto, will be invested and reinvested primarily in stocks of companies incorporated outside the United States with a focus on those that pay current dividends and show potential for capital appreciation, as selected by the
Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the International Growth and Income Equity Fund be comprised of a mutual fund or funds having
substantially the foregoing characteristics. 
 4.19. Investment of Lifestyle Funds. Subject to the provisions of the Trust Agreement
and of Section 4.03(e), the assets of the Lifestyle Funds, including all income 
  

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 thereon and increments thereto, will be invested and reinvested in a combination of stock, bond and money market mutual
funds, with the Lifestyle 2040 Fund (initially invested primarily in stock funds) and each other Lifestyle Fund that has a retirement horizon (2000, 2005, 2010, 2015, 2020, 2025, 2030 and 2035) becoming more conservatively invested over time, and
the Lifestyle Income Fund investing in a higher percentage of money market and bond funds and a smaller percentage of equity funds, all as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided,
however, that the Trusts Investment Committee may determine that the each of the Lifestyle Funds be comprised of mutual funds having substantially the foregoing characteristics. 
 4.20. Voting of Shares in Fortune Stock Fund. 
 (a) Trustee Voting. Notwithstanding any other provision of the Plan or the Trust Agreement to the contrary, the Trustee will have no discretion or authority to exercise any voting rights with respect to Fortune Common Stock held in
the Fortune Stock Fund except as provided in this Section 4.20. 
 (b) Participant Direction. Each Participant, former
Participant or Beneficiary will be entitled to direct the Trustee, and the Trustee will solicit the written direction of such Participant, former Participant or Beneficiary, as to the manner in which any voting rights of shares of Fortune Common
Stock attributable to his proportionate interest in the Fortune Stock Fund are to be exercised with respect to any matter on which holders of Fortune Common Stock are entitled to vote by proxy, consent or otherwise, and the Trustee will exercise the
voting rights of such shares with respect to such matter in accordance with the most recent timely direction received by the Trustee from such Participant, former Participant or Beneficiary. With respect to the voting rights of shares of Fortune
Common Stock held in the Fortune Stock Fund as to which timely directions have not been received by the Trustee as provided in the preceding sentence, the Trustee will exercise the voting rights of such shares in the same manner and in the same
proportion in which the voting rights of shares as to which such directions were received by the Trustee are to be exercised as provided in the preceding sentence. The Trustee will combine fractional interests of Participants, former Participants
and Beneficiaries in shares of Fortune Common Stock held in the Fortune Stock Fund to the extent possible so that the voting rights with respect to such matter are exercised in a manner which reflects as accurately as possible the collective
directions given by Participants, former Participants and Beneficiaries. In giving directions to the Trustee as provided in this Section 4.20(b), each Participant, former Participant or Beneficiary will be acting as a named fiduciary within the
meaning of ERISA Section 403(a)(1) (“Named Fiduciary”) with respect to the exercise of voting rights of shares of Fortune Common Stock in accordance with such directions pursuant to both the first and the second sentences of this
Section 4.20(b). For purposes of this Section 4.20, the number of shares of Fortune Common Stock attributable at any particular time to the interest of a Participant, former Participant or Beneficiary in the Fortune Stock Fund will be the
product of the total number of shares then held in the Fortune Stock Fund multiplied by a fraction, the numerator of which is the value of the Fortune Stock Fund then in his or her ESOP subaccounts and the denominator of which is the total value of
the Fortune Stock Fund. 
  

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 (c) Trustee to Communicate Voting Procedures. The Trustee will communicate or cause to be
communicated to all Participants, former Participants and Beneficiaries the procedures regarding the exercise of voting rights of shares of Fortune Common Stock held in the Fortune Stock Fund. The Trustee will distribute or cause to be distributed
as promptly as possible to all Participants, former Participants and Beneficiaries entitled to give directions to the Trustee as to the exercise of voting rights with respect to any matter all communications and other materials, if any, that the
Trustee may receive from any person or entity (including Participating Employers) that are being distributed to the holders of Fortune Common Stock and either are directed generally to such holders or relate to any matter on which holders of Fortune
Common Stock are entitled to vote by proxy, consent or otherwise, and the Participating Employers will promptly furnish to the Trustee all such communications and other materials, if any, as are being distributed by or on behalf of Fortune. The
Participating Employers and the Retirement Committee will provide the Trustee with such information, documents and assistance as the Trustee may reasonably request in connection with any communications or distributions to Participants, former
Participants and Beneficiaries as aforesaid. This information will include the names and current addresses of Participants, former Participants and Beneficiaries and the number of shares of Fortune Common Stock credited to the accounts of each of
them, upon which the Trustee may conclusively rely. Notwithstanding any other provision of this Section 4.20(c) or the Trust Agreement to the contrary, except if the Participating Employers serve as recordkeeper, to the extent necessary to
provide the Participating Employers with information necessary to accurately maintain records of the interest in the Plan of Participants, former Participants and Beneficiaries, the Trustee will use its best efforts (1) to keep confidential the
direction (or the absence thereof) from each Participant, former Participant or Beneficiary in connection with the exercise of voting rights of shares of Fortune Common Stock held in the Fortune Stock Fund and the identity of such Participant,
former Participant or Beneficiary, and (2) not to divulge such direction or identity to any person or entity, including, without limitation, Fortune, the Company, any other Participating Employer or Non-Participating Employer, and any director,
officer, employee or agent thereof. It is the intent of this Section 4.20(c) that Fortune, each other Participating Employer, and each Non-Participating Employer and their directors, officers, employees and agents not be able to ascertain the
direction given (or not given) by any Participant, former Participant or Beneficiary in connection with the exercise of voting rights of such shares. 
 (d) Invalidity. If a court of competent jurisdiction issues an opinion, order or decree which, in the opinion of counsel to Fortune or the Trustee, will, in all or any particular circumstances,
(1) invalidate under ERISA or otherwise any provision or provisions of the Plan or the Trust Agreement with respect to the exercise of voting rights of shares of Fortune Common Stock held in the Fortune Stock Fund, or (2) cause any such
provision or provisions to conflict with ERISA, or (3) require the Trustee not to act or such voting rights not to be exercised in accordance with such provision or provisions, then, upon written notice thereof to the Trustee (in the case of an
opinion of counsel to Fortune) or to Fortune (in the case of an opinion of counsel to the Trustee), such provision or provisions will be given no further force or effect in such circumstances. Except to the extent otherwise specified in such
opinion, order or decree, the Trustee will have no discretion or authority in such circumstances to exercise voting rights with respect to shares of Fortune Common Stock held in the Fortune Stock Fund, but will exercise such voting rights in
accordance with the most recent timely 
  

 32 

 directions received from Participants, former Participants and Beneficiaries to the extent such directions have not been
invalidated. To the extent the Trustee exercises any fiduciary responsibility it may have in any circumstances with respect to any exercise of voting rights of shares of Fortune Common Stock held in the Fortune Stock Fund, the Trustee in exercising
its fiduciary responsibility, unless pursuant to the requirements of ERISA or otherwise it is unlawful to do so (1) will take into account directions timely received from Participants, former Participants and Beneficiaries as valid directions
with respect to the exercise of such voting rights, and (2) to the extent the Trustee deems it appropriate, will take into consideration any relevant non-financial factors in addition to any financial factors bearing on any exercise of such
voting rights. 
 4.21. Tendering of Shares in Fortune Stock Fund. 
 (a) Tender by Trustee. Notwithstanding any other provision of the Plan or the Trust Agreement to the contrary, the Trustee will have no discretion
or authority to tender, deposit, sell, exchange or transfer any shares of Fortune Common Stock held in the Fortune Stock Fund pursuant to any tender offer (as defined herein) except as provided in this Section 4.21. For purposes of this
Section 4.21, a “tender offer” will mean any tender or exchange offer for or request or invitation for tenders or exchanges of shares of Fortune Common Stock and will include, without limitation, any such tender offer made by or on
behalf of Fortune. 
 (b) Participant Direction. Each Participant, former Participant or Beneficiary will be entitled to direct the
Trustee, and the Trustee will solicit the written direction of such Participant, former Participant or Beneficiary, as to the tendering, depositing, selling, exchanging or transferring of shares of Fortune Common Stock attributable to his
proportionate interest in the Fortune Stock Fund pursuant to any tender offer, and the Trustee will tender, deposit, sell, exchange or transfer such shares (or will retain such shares in the Fortune Stock Fund) pursuant to such tender offer in
accordance with the most recent timely direction received by the Trustee from such Participant, former Participant or Beneficiary. With respect to shares of Fortune Common Stock held in the Fortune Stock Fund as to which timely directions have not
been received by the Trustee from Participants, former Participants and Beneficiaries to whose interests in the Fortune Stock Fund such shares are attributable, such Participants, former Participants and Beneficiaries will be deemed to have directed
the Trustee that such shares be retained in the Fortune Stock Fund subject to all provisions of the Plan and the Trust Agreement and applicable law and not be tendered, deposited, sold, exchanged or transferred pursuant to such tender offer, and the
Trustee will not tender, deposit, sell, exchange or transfer any of such shares pursuant thereto. If, under the terms of such tender offer or otherwise, any shares of Fortune Common Stock tendered or deposited pursuant thereto may be withdrawn, the
Trustee will (1) use its best efforts to solicit the direction of each Participant, former Participant or Beneficiary as to the exercise of withdrawal rights with respect to shares of Fortune Common Stock that have been tendered or deposited
pursuant to this Section 4.21(b), and (2) exercise (or refrain from exercising) such withdrawal rights in the same manner as will reflect the most recent timely directions received with respect to the exercise of such withdrawal rights.
The Trustee will not withdraw shares except pursuant to a timely direction of a Participant, former Participant or Beneficiary. The Trustee will combine 
  

 33 

 fractional interests of Participants, former Participants and Beneficiaries in shares of Fortune Common Stock held in the
Fortune Stock Fund to the extent possible so that such shares are tendered, deposited, sold, exchanged or transferred, and withdrawal rights with respect thereto are exercised, in a manner which reflects as accurately as possible the collective
directions given or deemed to have been given by Participants, former Participants and Beneficiaries in accordance with this Section 4.21(b). In giving or being deemed to have given directions to the Trustee as provided in this
Section 4.21(b), each Participant, former Participant or Beneficiary will be acting as a Named Fiduciary with respect to the tender, deposit, sale, exchange or transfer of shares of Fortune Common Stock (or the retention of such shares in the
Fortune Stock Fund) in accordance with such directions pursuant to both the first and second sentences of this Section 4.21(b) and the exercise of (or the refraining from exercising) withdrawal rights with respect to shares of Fortune Common
Stock tendered or deposited pursuant to the third sentence of this Section 4.21(b). 
 (c) Trustee to Communicate Tender
Procedures. In the event of a tender offer as to which Participants, former Participants and Beneficiaries are entitled to give directions as provided in this Section 4.21(c), the Trustee will communicate or cause to be communicated to all
Participants, former Participants and Beneficiaries entitled to give directions the procedures relating to their right to give directions as Named Fiduciaries to the Trustee and in particular the consequences of any failure to provide timely written
direction to the Trustee. In the event of such a tender offer, the Trustee will distribute or cause to be distributed as promptly as possible to all Participants, former Participants and Beneficiaries entitled to give directions to the Trustee with
respect to such tender offer all communications and other materials, if any, that the Trustee may receive from any person or entity (including the Participating Employers) that are being distributed to the holders of the securities to whom such
tender offer is directed and either are directed generally to such holders or relate to such tender offer, and the Participating Employers will promptly furnish to the Trustee all such communications and other materials, if any, as are being
distributed by or on behalf of Fortune. The Participating Employers and the Retirement Committee will provide the Trustee with such information, documents and assistance as the Trustee may reasonably request in connection with any communications or
distributions to Participants, former Participants and Beneficiaries as aforesaid. This information will include the names and current addresses of Participants, former Participants and Beneficiaries and the number of shares of Fortune Common Stock
credited to the accounts of each of them, upon which the Trustee may conclusively rely. Notwithstanding any other provision to the contrary of the Plan or the Trust Agreement, except if the Participating Employers serve as recordkeeper, to the
extent necessary to provide the Participating Employers with information necessary to accurately maintain records of the interest in the Plan of Participants, former Participants and Beneficiaries, the Trustee will use its best efforts (1) to
keep confidential the direction (or the absence thereof) from each Participant, former Participant or Beneficiary with respect to any tender offer and the identity of such Participant, former Participant or Beneficiary, and (2) not to divulge
such direction or identity to any person or entity, including, without limitation, Fortune, the Company, any other Participating Employer and any Non-Participating Employer and any director, officer, employee or agent thereof. It is the intent of
this Section 4.21(c) that Fortune, the Company, each other Participating Employer and each Non-Participating Employer and their directors, officers, employees and agents not be able to ascertain the direction given (or not given) or deemed to
have been given by any Participant, former Participant or Beneficiary with respect to any tender offer. 
  

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 (d) Invalidity. If a court of competent jurisdiction issues an opinion, order or decree which, in
the opinion of counsel to Fortune or the Trustee, will, in all or any particular circumstances, (1) invalidate under ERISA or otherwise any provision or provisions of the Plan or the Trust Agreement with respect to the tendering, depositing,
sale, exchange or transfer of shares of Fortune Common Stock held in the Fortune Stock Fund or the exercise of any withdrawal rights with respect to shares tendered or deposited pursuant to a tender offer, or (2) cause any such provision or
provisions to conflict with ERISA, or (3) require the Trustee not to act or such shares not to be tendered, deposited, sold, exchanged or transferred or such withdrawal rights not to be exercised in accordance with such provision or provisions,
then, upon written notice thereof to the Trustee (in the case of an opinion of counsel to Fortune), or to Fortune (in the case of an opinion of counsel to the Trustee), such provision or provisions will be given no further force or effect in such
circumstances. Except to the extent otherwise specified in such opinion, order or decree, the Trustee will have no discretion or authority in such circumstances to tender, deposit, sell, transfer or exchange shares of Fortune Common Stock held in
the Fortune Stock Fund (or the retention of such shares in the Fortune Stock Fund) pursuant to a tender offer or with respect to the exercise of (or refraining from exercising) any withdrawal rights with respect to shares tendered or deposited
pursuant to a tender offer, but will act in accordance with the most recent timely directions received from Participants, former Participants and Beneficiaries to the extent such directions have not been invalidated. To the extent the Trustee, in
order to comply with ERISA or other applicable law, exercises any fiduciary responsibility it may have in any circumstances with respect to the tendering, depositing, sale, exchange or transfer of shares of Fortune Common Stock held in the Fortune
Stock Fund or the exercise of any withdrawal rights with respect to shares tendered or deposited pursuant to a tender offer, the Trustee in exercising its fiduciary responsibility, unless pursuant to the requirements of ERISA or otherwise it is
unlawful to do so, (1) will take into account directions timely received from Participants, former Participants and Beneficiaries as being the most indicative of their best interests with respect to a tender offer, and (2) to the extent
the Trustee deems it appropriate, will take into consideration any relevant non-financial factors in addition to any relevant financial factors bearing on any sale, exchange or transfer or any exercise of withdrawal rights. 
 (e) Proceeds of Tender. The proceeds of any sale, exchange or transfer of shares of Fortune Common Stock pursuant to the direction of a
Participant, former Participant or Beneficiary in accordance with this Section 4.21(e) will be allocated to his Accounts in the same manner, in the same proportion and as of the same date as were the shares sold, exchanged or transferred and
will be governed by the provisions of this Section 4.21(e) and all other applicable provisions of the Plan and the Trust Agreement. Such proceeds will be deemed to be held in the Fortune Stock Fund and will be subject to this
Section 4.21(e) and the other applicable provisions of the Plan and the Trust Agreement. Pending receipt of directions as to which of the remaining Investment Funds the proceeds should be invested in, the proceeds will be invested in the
age-appropriate Lifestyle Fund based on uniform procedures established by the Plan Administrator. 
  

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 4.22. Valuation of Investment Funds. As of each Business Day, the Trustee will report to the
Retirement Committee the Fair Market Value of the assets of each Investment Fund and the number of units and value of units in the Fortune Stock Fund, Gallaher Fund and ACCO Stock Fund. The Fair Market Value of an Investment Fund will be the value
of such Investment Fund as of the Close of Business on such Business Day. The number of units and value of units in the Fortune Stock Fund, Gallaher Fund and ACCO Stock Fund will be determined in accordance with Section 4.27. 
 4.23. Administration of the Gallaher Fund. 
 (a) Gallaher ADRs Transferred to Gallaher Fund. ADRs with respect to Gallaher stock (“Gallaher ADRs”) received by the Fortune Stock Fund in the Gallaher Spin-Off will be transferred to the Gallaher Fund. 
 (b) Distributions With Respect to Gallaher ADRs. The proceeds of any distribution received by the Gallaher Fund with respect to Gallaher ADRs will
be invested in the other Investment Funds on a pro rata basis in accordance with each Participant’s current investment election under Section 4.02. Nothing in this Section 4.23(b), however, restricts the Trustee’s ability to
retain in the Gallaher Fund any additional Gallaher ADRs received as a result of a stock dividend, stock split or similar transaction. Contributions will not be invested in the Gallaher Fund, nor may any transfers be made to the Gallaher Fund from
any of the other Investment Funds. 
 4.24. Voting of Shares in Gallaher Fund. 
 (a) Trustee Voting. Notwithstanding any other provision of the Plan or the Trust Agreement to the contrary, the Trustee will have no discretion or
authority to provide any voting instructions with respect to Gallaher ADRs held in the Gallaher Fund except as provided in this Section 4.24. 
 (b) Participant Direction. Each Participant, former Participant or Beneficiary will be entitled to direct the Trustee, and the Trustee will solicit the direction of such Participant, former Participant or Beneficiary, as to the
manner in which the Gallaher ADR depositary should be instructed to vote the Gallaher shares underlying the Gallaher ADRs attributable to his interest in the Gallaher Fund. The Trustee will instruct the Gallaher ADR depositary that such Gallaher
ADRs be voted with respect to any matter in accordance with the most recent timely direction received by the Trustee from such Participant, former Participant or Beneficiary. With respect to the voting of Gallaher ADRs held in the Gallaher Fund as
to which timely directions have not been received by the Trustee, the Trustee will instruct the Gallaher ADR depositary to vote the Gallaher shares underlying the Gallaher ADRs in the same manner and in the same proportion in which the Gallaher ADRs
as to which such directions were timely received by the Trustee are to be voted. The Trustee will combine fractional interests of Participants, former Participants and Beneficiaries in Gallaher ADRs held in the Gallaher Fund to the extent possible
so that the voting instructions to the Gallaher ADR depositary with respect to such matter are provided in a manner which reflects as accurately as possible the collective directions given by Participants, former Participants and Beneficiaries.

  

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 In giving directions to the Trustee as provided in this Section 4.24(b), each Participant, former Participant or
Beneficiary will be acting as a named fiduciary within the meaning of ERISA Section 403(a)(1) (“Named Fiduciary”) with respect to the voting rights of Gallaher ADRs in accordance with such directions pursuant to this
Section 4.24(b). For purposes of this Section 4.24, the number of Gallaher ADRs attributable at any particular time to the interest of a Participant, former Participant or Beneficiary in the Gallaher Fund will be the product of the total
number of ADRs then held in the Gallaher Fund multiplied by a fraction, the numerator of which is the value of the Gallaher Fund then in his or her Accounts and the denominator of which is the total value of the Gallaher Fund. 
 (c) Trustee to Communicate Voting Procedures. The Trustee will communicate or cause to be communicated to all Participants, former Participants
and Beneficiaries the procedures regarding the voting of Gallaher ADRs held in the Gallaher Fund. The Trustee will distribute or cause to be distributed as promptly as possible to all Participants, former Participants and Beneficiaries entitled to
give directions to the Trustee as to voting with respect to any matter all communications and other materials, if any, that the Trustee may receive from any person or entity that are being distributed to the holders of Gallaher ADRs and either are
directed generally to such holders or relate to any matter on which holders of Gallaher ADRs are entitled to provide voting instructions by proxy, consent or otherwise, and the Participating Employers will promptly furnish to the Trustee all such
communications and other materials, if any, as are being distributed by or on behalf of Gallaher. The Participating Employers will provide the Trustee with such information, documents and assistance as the Trustee may reasonably request in
connection with any communications or distributions to Participants, former Participants and Beneficiaries as aforesaid. This information will include the names and current addresses of Participants, former Participants and Beneficiaries and the
Gallaher ADRs credited to the accounts of each of them, upon which the Trustee may conclusively rely. Notwithstanding any provision of this Section 4.24(c) to the contrary, the Plan or the Trust Agreement, except if the Participating Employers
serve as recordkeeper, to the extent necessary to provide the Participating Employers with information necessary to accurately maintain records of the interest in the Plan of Participants, former Participants and Beneficiaries, the Trustee will use
its best efforts (1) to keep confidential the direction (or the absence thereof) from each Participant, former Participant or Beneficiary in connection with the voting of Gallaher ADRs held in the Gallaher Fund and the identity of such
Participant, former Participant or Beneficiary, and (2) not to divulge such direction or identity to any person or entity, including, without limitation, Gallaher, Fortune, the Company, any other Participating Employer and any Non-Participating
Employer and any director, officer, employee or agent thereof, it being the intent of this Section 4.24(c) that Gallaher, Fortune, the Company, each other Participating Employer, and each Non-Participating Employer and their directors,
officers, employees and agents not be able to ascertain the direction given (or not given) by any Participant, former Participant or Beneficiary in connection with the voting of Gallaher ADRs. 
 (d) Invalidity. If a court of competent jurisdiction issues an opinion, order or decree which, in the opinion of counsel to Fortune or the
Trustee, will, in all or any particular circumstances, (1) invalidate under ERISA or otherwise any provision or provisions of the Plan or the Trust Agreement with respect to the voting of Gallaher ADRs held in the 
  

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 Gallaher Fund, (2) cause any such provision or provisions to conflict with ERISA, or (3) require the Trustee
not to act or such voting rights not to be exercised in accordance with such provision or provisions, then, upon notice thereof to the Trustee (in the case of an opinion of counsel to Fortune), or to Fortune (in the case of an opinion of counsel to
the Trustee), such provision or provisions will be given no further force or effect in such circumstances. Except to the extent otherwise specified in such opinion, order or decree, the Trustee will have no discretion or authority in such
circumstances to provide voting instructions with respect to Gallaher ADRs held in the Gallaher Fund, but will exercise such voting rights in accordance with the most recent timely directions received from Participants, former Participants and
Beneficiaries to the extent such directions have not been invalidated. To the extent the Trustee exercises any fiduciary responsibility it may have in any circumstances with respect to providing voting instructions regarding Gallaher ADRs held in
the Gallaher Fund, the Trustee in exercising its fiduciary responsibility, unless pursuant to the requirements of ERISA or otherwise it is unlawful to do so, will take into account directions timely received from Participants, former Participants
and Beneficiaries as being valid directions. 
 4.25. Tendering of Gallaher ADRs. 
 (a) Tender by Trustee. Notwithstanding any other provision of the Plan or the Trust Agreement to the contrary, the Trustee will have no discretion
or authority to tender, deposit, sell, exchange or transfer any Gallaher ADRs held in the Gallaher Fund (or to give directions to the Gallaher ADR depositary with respect to securities underlying the Gallaher ADRs) pursuant to any tender offer (as
defined herein) except as provided in this Section 4.25(a). For purposes of this Section 4.25(a), a “tender offer” will mean any tender or exchange offer for or request or invitation for tenders or exchanges of Gallaher ADRs (or
securities underlying the Gallaher ADRs), and will include, without limitation, any such tender offer made by or on behalf of Gallaher. 
 (b) Participant Direction. Each Participant, former Participant or Beneficiary will be entitled to direct the Trustee, and the Trustee will solicit the direction of such Participant, former Participant or Beneficiary, as to the
tendering, depositing, selling, exchanging or transferring of Gallaher ADRs attributable to his proportionate interest in the Gallaher Fund (or to provide instructions to the Gallaher ADR depositary with respect to securities underlying the Gallaher
ADRs) pursuant to any tender offer, and the Trustee will tender, deposit, sell, exchange or transfer Gallaher ADRs (or will retain such shares in the Gallaher Fund) (or will provide instructions to the Gallaher ADR depositary with respect to
securities underlying the Gallaher ADRs) pursuant to such tender offer in accordance with the most recent timely direction received by the Trustee from such Participant, former Participant or Beneficiary. With respect to Gallaher ADRs held in the
Gallaher Fund as to which timely directions have not been received by the Trustee from Participants, former Participants and Beneficiaries, such Participants, former Participants and Beneficiaries will be deemed to have directed the Trustee to
retain such Gallaher ADRs in the Gallaher Fund (or to provide instructions to the Gallaher ADR depositary that securities underlying the Gallaher ADRs be retained by the Gallaher ADR depositary) subject to all provisions of the Plan and the Trust
Agreement and not be tendered, deposited, sold, exchanged or transferred pursuant to such tender offer, and the Trustee will act in accordance therewith. In the event that, under the terms 
  

 38 

 of such tender offer or otherwise, any Gallaher ADRs (or securities underlying Gallaher ADRs) tendered or deposited
pursuant thereto may be withdrawn, the Trustee will use its best efforts to solicit the direction of each Participant, former Participant or Beneficiary as to the exercise of withdrawal rights with respect to Gallaher ADRs (or securities underlying
Gallaher ADRs) that have been tendered or deposited pursuant to this Section 4.25(b), and the Trustee will exercise (or refrain from exercising) (or instruct the Gallaher ADR depositary to exercise or refrain from exercising) such withdrawal
rights in the same manner as will reflect the most recent timely directions received with respect thereto. The Trustee will not withdraw Gallaher ADRs (or instruct the Gallaher ADR depositary to withdraw securities underlying Gallaher ADRs) except
pursuant to a timely direction of a Participant, former Participant or Beneficiary. The Trustee will combine fractional interests of Participants, former Participants and Beneficiaries in Gallaher ADRs held in the Gallaher Fund to the extent
possible so that such Gallaher ADRs are tendered, deposited, sold, exchanged or transferred, and withdrawal rights with respect thereto are exercised, in a manner which reflects as accurately as possible the collective directions given or deemed to
have been given by Participants, former Participants and Beneficiaries in accordance with this Section 4.25(b). In giving or being deemed to have given directions to the Trustee as provided in this Section 4.25(b), each Participant, former
Participant or Beneficiary will be acting as a Named Fiduciary in accordance with such directions pursuant to this Section 4.25(b). 
 (c) Trustee to Communicate Tender Procedures. In the event of a tender offer as to which Participants, former Participants and Beneficiaries are entitled to give directions as provided in this Section 4.25(c), the Trustee will
communicate or cause to be communicated to all Participants, former Participants and Beneficiaries entitled to give directions the procedures relating to their right to give directions as Named Fiduciaries to the Trustee and in particular the
consequences of any failure to provide timely direction to the Trustee. In the event of such a tender offer, the Trustee will distribute or cause to be distributed as promptly as possible to all Participants, former Participants and Beneficiaries
entitled to give directions to the Trustee with respect to such tender offer all communications and other materials, if any, that the Trustee may receive from any person or entity that are being distributed to the holders of the securities to whom
such tender offer is directed and either are directed generally to such holders or relate to such tender offer. The Participating Employers and the Retirement Committee will provide the Trustee with such information, documents and assistance as the
Trustee may reasonably request in connection with any communications or distributions to Participants, former Participants and Beneficiaries as aforesaid. This information will include the names and current addresses of Participants, former
Participants and Beneficiaries and the Gallaher ADRs or securities underlying such Gallaher ADRs credited to the accounts of each of them, upon which the Trustee may conclusively rely. Notwithstanding any other provision of this Section 4.25(c)
or the Trust Agreement to the contrary, except if the Participating Employers serve as recordkeeper, to the extent necessary to provide the Participating Employers with information necessary to accurately maintain records of the interest in the Plan
of Participants, former Participants and Beneficiaries, the Trustee will use its best efforts (1) to keep confidential the direction (or the absence thereof) from each Participant, former Participant or Beneficiary with respect to any tender
offer and the identity of such Participant, former Participant or Beneficiary, and (2) not to divulge such direction or identity to any person or entity, including, without limitation, 
  

 39 

 Gallaher, Fortune, the Company any other Participating Employer and any Non-Participating Employer and any director,
officer, employee or agent thereof. It is the intent of this Section 4.25(c) that Gallaher, Fortune, the Company, each other Participating Employer and each Non-Participating Employer and their directors, officers, employees and agents not be
able to ascertain the direction given (or not given) or deemed to have been given by any Participant, former Participant or Beneficiary with respect to any tender offer. 
 (d) Invalidity. If a court of competent jurisdiction issues an opinion, order or decree which, in the opinion of counsel to Fortune or the Trustee, will, in all or any particular circumstances,
(1) invalidate under ERISA or otherwise any provision or provisions of the Plan or the Trust Agreement with respect to the tendering, depositing, sale, exchange or transfer of Gallaher ADRs (or securities underlying Gallaher ADRs) held in the
Gallaher Fund or the exercise of any withdrawal rights with respect to Gallaher ADRs (or securities underlying Gallaher ADRs) tendered or deposited pursuant to a tender offer, or (2) cause any such provision or provisions to conflict with
ERISA, or require the Trustee not to act or such Gallaher ADRs (or securities underlying Gallaher ADRs) not to be tendered, deposited, sold, exchanged or transferred or such withdrawal rights not to be exercised in accordance with such provision or
provisions, then, upon written notice thereof to the Trustee, (in the case of an opinion of counsel to Fortune), or to Fortune (in the case of an opinion of counsel to the Trustee), such provision or provisions will be given no further force or
effect in such circumstances. Except to the extent otherwise specified in such opinion, order or decree, the Trustee will have no discretion or authority in such circumstances to tender, deposit, sell, transfer or exchange Gallaher ADRs held in the
Gallaher Fund (or the retention of such shares in the Gallaher Fund), or to give instructions to the Gallaher ADR depositary with respect to securities underlying Gallaher ADRs, pursuant to a tender offer or with respect to the exercise of (or
refraining from exercising) any withdrawal rights with respect thereto, but will act in accordance with the most recent timely directions received from Participants, former Participants and Beneficiaries to the extent such directions have not been
invalidated. To the extent the Trustee exercises any fiduciary responsibility it may have in any circumstances with respect to the tendering, depositing, sale, exchange or transfer of Gallaher ADRs held in the Gallaher Fund, or giving instructions
to the Gallaher ADR depositary with respect to securities underlying Gallaher ADRs, or the exercise of any withdrawal rights with respect thereto, the Trustee in exercising its fiduciary responsibility, unless pursuant to the requirements of ERISA
or otherwise it is unlawful to do so, will take into account directions timely received from Participants, former Participants and Beneficiaries as being valid directions. 
 (e) Proceeds of Tender. The proceeds of any sale, exchange or transfer of Gallaher ADRs (or securities underlying Gallaher ADRs) pursuant to the
direction of a Participant, former Participant or Beneficiary will be allocated pursuant to the directions of the Participant, former Participant or Beneficiary, and absent a direction, will be invested in the age-appropriate Lifestyle Fund based on
uniform procedures established by the Plan Administrator and will not be held in the Gallaher Fund. 
 4.26. Voting of Shares in Mutual
Funds. At the time of mailing of notice of each annual or special stockholders’ meeting of any mutual fund under any Investment Fund, the Trustee will send a copy of the notice and all proxy solicitation materials to each 
  

 40 

 Participant, former Participant and Beneficiary who has shares of the mutual fund credited to such Participant’s,
former Participant’s or Beneficiary’s Accounts, together with a voting direction form for return to the Trustee or its designee. Participants, former Participants and Beneficiaries will have the right to direct the Trustee as to the manner
in which the Trustee is to vote shares credited to the Accounts of such Participant, former Participant or Beneficiary that are invested in mutual funds under Investment Funds. The Trustee will vote the shares as directed by the Participant, former
Participant or Beneficiary. The Trustee will not vote shares for which it has not received a direction from the Participant, former Participant or Beneficiary. During the Transition Period described in Section 4.02(f), the Trusts Investment
Committee will have the right to direct the Trustee as to the manner in which the Trustee is to vote the shares of the mutual funds in the Investment Funds. The Trusts Investment Committee will have the right to direct the Trustee as to the manner
in which the Trustee is to vote the mutual fund shares held in the short-term liquidity reserves in the Fortune Stock Fund, ACCO Stock Fund and Gallaher Fund. With respect to all additional rights relating to shares held in the mutual funds under
the Investment Funds, the Trustee will follow the directions of the Participants, former Participants and Beneficiaries and, if no such directions are received, the directions of the Trusts Investment Committee. 
 4.27. Unitized Fortune Stock Fund and Gallaher Fund. The value of a unit in the Fortune Stock Fund, Gallaher Fund or the ACCO Stock Fund
(“Closing Unit Value”) will be determined on each Business Day by dividing the Fair Market Value of such fund by the number of units in such fund before taking into account Additions to and Reductions from such fund (as defined below).
After the Closing Unit Value is determined, at the Close of Business on each Business Day, the total number of units in the Fortune Stock Fund, Gallaher Fund and ACCO Stock Fund will be re-determined to take into account new units resulting from
Additions to such fund (as defined below) and canceled units resulting from Reductions from such fund (as defined below). As of the Close of Business on such Business Day, the total number of new units resulting from Additions to the Fortune Stock
Fund, Gallaher Fund and ACCO Stock Fund will be the number equal to (A) the total amount of the Additions to such fund divided by (B) the Closing Unit Value. As of the Close of Business on such Business Day, the total number of units to be
canceled under the Fortune Stock Fund, Gallaher Fund and ACCO Stock Fund will be the number equal to (A) the total amount of Reductions from such fund divided by (B) the Closing Unit Value. Whenever all or any part of the Account Balances
in the Fortune Stock Fund, Gallaher Fund or ACCO Stock Fund is reduced from such fund as a result of a Reduction, the value of the reduced amount will equal the Closing Unit Value multiplied by the number of whole and fractional units credited to
such Accounts. For purposes of this Section 4.27, “Additions” means any amounts added to the Fortune Stock Fund, Gallaher Fund or ACCO Stock Fund during the day as a result of contributions to, reinstatement of Account Balances under
and interfund transfers pursuant to the provisions of the Plan into such fund since the Close of Business on the immediately preceding Business Day. For purposes of this Section 4.27 “Reductions” means any amounts reduced from the
Fortune Stock Fund, Gallaher Stock Fund or ACCO Stock Fund as a result of any in-service withdrawals, loans, distributions, interfund transfers, return of any excess amounts and forfeitures pursuant to the provisions of the Plan from such fund since
the Close of Business on the immediately preceding Business Day. 
  

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 4.28. Administration of the ACCO Stock Fund. 
 (a) ACCO Common Stock Transferred to ACCO Stock Fund. ACCO Common Stock received by the Fortune Stock Fund in the ACCO Spin-Off will be transferred
to the ACCO Stock Fund. 
 (b) Distributions With Respect to ACCO Common Stock. The proceeds of any distribution received by the ACCO
Stock Fund with respect to ACCO Common Stock will be invested in the other Investment Funds on a pro rata basis in accordance with each Participant’s current investment election under Section 4.02 for Tax Deferred Contributions. Nothing in
this Section 4.28(b), however, restricts the Trustees ability to retain in the ACCO Stock Fund any additional ACCO Common Stock received as a result of a stock dividend, stock split or similar transaction. Contributions will not be invested in
the ACCO Stock Fund, nor may any transfers be made to the ACCO Stock Fund from any of the other Investment Funds. 
 4.29. Voting of
Shares in ACCO Stock Fund. 
 (a) Trustee Voting. Notwithstanding any other provision of the Plan or the Trust Agreement to the
contrary, the Trustee will have no discretion or authority to provide any voting instructions with respect to ACCO Common Stock held in the ACCO Stock Fund except as provided in this Section 4.29. 
 (b) Participant Direction. Each Participant, former Participant or Beneficiary will be entitled to direct the Trustee, and the Trustee will
solicit the direction of such Participant, former Participant or Beneficiary, as to the manner in which any voting rights of shares in the ACCO Stock Fund attributable to his proportionate interest in the ACCO Stock Fund are to be exercised with
respect to any matter on which holders of ACCO Common Stock are entitled to vote by proxy, consent or otherwise, and the Trustee will exercise the voting rights of such shares with respect to such matter in accordance with the most recent timely
direction received by the Trustee from such Participant, former Participant or Beneficiary. With respect to the voting of ACCO Common Stock held in the ACCO Stock Fund as to which timely directions have not been received by the Trustee, the Trustee
will exercise the voting rights of such shares in the same manner and in the same proportion in which the voting rights of such shares as to which such directions were timely received by the Trustee are to be exercised as provided in the preceding
sentence. The Trustee will combine fractional interests of Participants, former Participants and Beneficiaries in shares of ACCO Common Stock held in the ACCO Stock Fund to the extent possible so that the voting rights with respect to such matter
are exercised in a manner which reflects as accurately as possible the collective directions given by Participants, former Participants and Beneficiaries. In giving directions to the Trustee as provided in this Section 4.29(b), each
Participant, former Participant or Beneficiary will be acting as a named fiduciary within the meaning of Section 403(a)(l) of ERISA (‘Named Fiduciary’) with respect to the voting rights of ACCO Common Stock in accordance with such
directions pursuant to this Section 4.29(b). For purposes of this Section 4.29, the number of shares of ACCO Common Stock attributable at any particular time to the interest of a Participant, former Participant or Beneficiary in the ACCO
Stock Fund will be the 
  

 42 

 product of the total number of shares then held in the ACCO Stock Fund multiplied by a fraction, the numerator of which
is the value of the ACCO Stock Fund then in his or her Accounts and the denominator of which is the total value of the ACCO Stock Fund. 
 (c) Trustee to Communicate Voting Procedures. The Trustee will communicate or cause to be communicated to all Participants, former Participants and Beneficiaries the procedures regarding the voting of ACCO Common Stock held in the
ACCO Stock Fund. The Trustee will distribute or cause to be distributed as promptly as possible to all Participants, former Participants and Beneficiaries entitled to give directions to the Trustee as to voting with respect to any matter all
communications and other materials, if any, that the Trustee may receive from any person or entity that are being distributed to the holders of ACCO Common Stock and either are directed generally to such holders or relate to any matter on which
holders of ACCO Common Stock are entitled to provide voting instructions by proxy, consent or otherwise. Fortune will provide the Trustee with such information, documents and assistance as the Trustee may reasonably request in connection with any
communications or distributions to Participants, former Participants and Beneficiaries as aforesaid. This information will include the names and current addresses of Participants, former Participants and Beneficiaries and the number of shares of
ACCO Common Stock credited to the accounts of each of them, upon which the Trustee may conclusively rely. Notwithstanding any other provision of this Section 4.29, the Plan or the Trust Agreement to the contrary, except if the Participating
Employers serve as recordkeeper, to the extent necessary to provide the Participating Employers with information necessary accurately to maintain records of the interest in the Plan of Participants, former Participants and Beneficiaries, the Trustee
will use its best efforts (1) to keep confidential the direction (or the absence thereof) from each Participant, former Participant or Beneficiary in connection with the voting of ACCO Common Stock held in the ACCO Stock Fund and the identity
of such Participant, former Participant or Beneficiary, and (2) not to divulge such direction or identity to any person or entity, including, without limitation, ACCO, Fortune, any Participating Employer and any Non-Participating Employer and
any director, officer, employee or agent thereof. It is the intent of this Section 4.29 that ACCO, Fortune, each other Participating Employer, and each Non-Participating Employer and their directors, officers, employees and agents not be able
to ascertain the direction given (or not given) by any Participant, former Participant or Beneficiary in connection with the exercise of voting rights of share of ACCO Common Stock. 
 (d) Invalidity. If a court of competent jurisdiction issues an opinion, order or decree which, in the opinion of counsel to Fortune or the
Trustee, will, in all or any particular circumstances, (1) invalidate under ERISA or otherwise any provision or provisions of the Plan or the Trust Agreement with respect to the exercise of voting rights of shares of ACCO Common Stock held in
the ACCO Stock Fund, (2) cause any such provision or provisions to conflict with ERISA, or (3) require the Trustee not to act or such voting rights not to be exercised in accordance with such provision or provisions, then, upon written
notice thereof to the Trustee (in the case of an opinion of counsel to Fortune) or to Fortune (in the case of an opinion of counsel to the Trustee) such provision or provisions will be given no further force or effect in such circumstances. Except
to the extent otherwise specified in such opinion, order or decree, the Trustee will have no discretion or authority in such circumstances 
  

 43 

 to provide exercise voting rights with respect to ACCO Common Stock held in the ACCO Stock Fund, but will exercise such
voting rights in accordance with the most recent timely directions received from Participants, former Participants and Beneficiaries to the extent such directions have not been invalidated. To the extent the Trustee exercises any fiduciary
responsibility it may have in any circumstances with respect to providing any exercise of voting rights of shares of ACCO Common Stock held in the ACCO Stock Fund, the Trustee in exercising its fiduciary responsibility, unless pursuant to the
requirements of ERISA or otherwise it is unlawful to do so, (1) will take into account directions timely received from Participants, former Participants and Beneficiaries as being valid directions, and (2) will take into consideration any
relevant non-financial factors in addition to any financial factors bearing on any exercise of such voting rights. 
 4.30. Tendering of
ACCO Common Stock. 
 (a) Tender by Trustee. Notwithstanding any other provision of the Plan or the Trust Agreement to the
contrary, the Trustee will have no discretion or authority to tender, deposit, sell, exchange or transfer any ACCO Common Stock (which, for purposes of this Section 4.30, will include any rights within the meaning of Section 4.31(a)) held
in the ACCO Stock Fund pursuant to any tender offer (as defined herein) except as provided in this Section 4.30. For purposes of this Section 4.30, a ‘tender offer’ will mean any tender or exchange offer for or request or
invitation for tenders or exchanges of ACCO Common Stock and will include, without limitation, any such tender offer made by or on behalf of ACCO. 
 (b) Participant Direction. Each Participant, former Participant or Beneficiary will be entitled to direct the Trustee, and the Trustee will solicit the direction of such Participant, former Participant or Beneficiary, as to the
tendering, depositing, selling, exchanging or transferring of ACCO Common Stock attributable to his proportionate interest in the ACCO Stock Fund pursuant to any tender offer, and the Trustee will tender, deposit, sell, exchange or transfer ACCO
Common Stock (or will retain such shares in the ACCO Stock Fund) pursuant to such tender offer in accordance with the most recent timely direction received by the Trustee from such Participant, former Participant or Beneficiary. With respect to ACCO
Common Stock held in the ACCO Stock Fund as to which timely directions have not been received by the Trustee from Participants, former Participants and Beneficiaries, such Participants, former Participants and Beneficiaries will be deemed to have
directed the Trustee to retain such shares in the ACCO Stock Fund subject to all provisions of the Plan and the Trust Agreement and applicable law and not be tendered, deposited, sold, exchanged or transferred pursuant to such tender offer, and the
Trustee will act in accordance therewith. If, under the terms of such tender offer or otherwise, any ACCO Common Stock tendered or deposited pursuant thereto may be withdrawn, the Trustee will (1) use its best efforts to solicit the direction
of each Participant, former Participant or Beneficiary as to the exercise of withdrawal rights with respect to ACCO Common Stock that have been tendered or deposited pursuant to this Section 4.30, and (2) exercise (or refrain from
exercising) such withdrawal rights in the same manner as will reflect the most recent timely directions received with respect to the exercise of such withdrawal rights. The Trustee will not withdraw ACCO Common Stock except pursuant to a timely
direction of a Participant, former Participant or Beneficiary. The Trustee will combine fractional interests of Participants, former Participants and 
  

 44 

 Beneficiaries in ACCO Common Stock held in the ACCO Stock Fund to the extent possible so that shares of ACCO Common Stock
are tendered, deposited, sold, exchanged or transferred, and withdrawal rights with respect thereto are exercised, in a manner which reflects as accurately as possible the collective directions given or deemed to have been given by Participants,
former Participants and Beneficiaries in accordance with this Section 4.30. In giving or being deemed to have given directions to the Trustee as provided in this Section 4.30(b), each Participant, former Participant or Beneficiary will be
acting as a Named Fiduciary in accordance with such directions pursuant to this Section 430(b). 
 (c) Trustee to Communicate Tender
Procedures. In the event of a tender offer as to which Participants, former Participants and Beneficiaries are entitled to give directions as provided in this Section 4.30, the Trustee will communicate or cause to be communicated to all
Participants, former Participants and Beneficiaries entitled to give directions the procedures relating to their right to give directions as Named Fiduciaries to the Trustee and in particular die consequences of any failure to provide timely
direction to the Trustee. In the event of such a tender offer, the Trustee will distribute or cause to be distributed as promptly as possible to all Participants, former Participants and Beneficiaries entitled to give directions to the Trustee with
respect to such tender offer all communications and other materials, if any, that the Trustee may receive from any person or entity that are being distributed to the holders of the securities to whom such tender offer is directed and either are
directed generally to such holders or relate to such tender offer. Fortune will provide the Trustee with such information, documents and assistance as the Trustee may reasonably request in connection with any communications or distributions to
Participants, former Participants and Beneficiaries as aforesaid. This information will include the names and current addresses of Participants, former Participants and Beneficiaries and the shares of ACCO Common Stock credited to the accounts of
each of them, upon which the Trustee may conclusively rely. Notwithstanding any other provision of this Section 4.30, the Plan or the Trust Agreement to the contrary, except if the Participating Employers serve as recordkeeper, to the extent
necessary to provide the Participating Employers with information necessary accurately to maintain records of the interest in the Plan of Participants, former Participants and Beneficiaries, the Trustee will use its best efforts (1) to keep
confidential the direction (or the absence thereof) from each Participant, former Participant or Beneficiary with respect to any tender offer and the identity of such Participant, former Participant or Beneficiary, and (2) not to divulge such
direction or identity to any person or entity, including, without limitation, ACCO, Fortune, any Participating Employer and any Non-Participating Employer and any director, officer, employee or agent thereof. It is the intent of this
Section 4.30 that ACCO, Fortune, each other Participating Employer and each Non-Participating Employer and their directors, officers, employees and agents not be able to ascertain the direction given (or not given) or deemed to have been given
by any Participant, former Participant or Beneficiary with respect to any tender offer. 
 (d) Invalidity. If a court of competent
jurisdiction issues an opinion, order or decree which, in the opinion of counsel to Fortune or the Trustee, will, in all or any particular circumstances, (1) invalidate under ERISA or otherwise any provision or provisions of the Plan or the
Trust Agreement with respect to the tendering, depositing, sale, exchange or transfer of shares of ACCO Common Stock held in the ACCO Stock Fund or the exercise of 
  

 45 

 any withdrawal rights with respect to shares tendered or deposited pursuant to a tender offer, (2) cause any such
provision or provisions to conflict with ERISA, or (3) require the Trustee not to act or such shares not to be tendered, deposited, sold, exchanged or transferred or such withdrawal rights not to be exercised in accordance with such provision
or provisions, then, upon written notice thereof to the Trustee (in the case of an opinion of counsel to Fortune) or to Fortune (in the case of an opinion of counsel to the Trustee) such provision or provisions will be given no further force or
effect in such circumstances. Except to the extent otherwise specified in such opinion, order or decree, the Trustee will have no discretion or authority in such circumstances to tender, deposit, sell, transfer or exchange shares of ACCO Common
Stock held in the ACCO Stock Fund (or the retention of such shares in the ACCO Stock Fund) pursuant to a tender offer or with respect to the exercise of (or refraining from exercising) any withdrawal rights with respect thereto, but will act in
accordance with the most recent timely directions received from Participants, former Participants and Beneficiaries to the extent such directions have not been invalidated. To the extent the Trustee, in order to comply with ERISA or other applicable
law, exercises any fiduciary responsibility it may have in any circumstances with respect to the tendering, depositing, sale, exchange or transfer of shares of ACCO Common Stock held in the ACCO Stock Fund or the exercise of any withdrawal rights
with respect thereto, the Trustee in exercising its fiduciary responsibility, unless pursuant to the requirements of ERISA or otherwise it is unlawful to do so, (1) will take into account directions timely received from Participants, former
Participants and Beneficiaries as being valid directions, and (2) to the extent that the Trustee deems it appropriate, will take into consideration any relevant non-financial factors in addition to any financial factors bearing on any sale,
exchange or transfer or any exercise of withdrawal rights. 
 (e) Proceeds of Tender. The proceeds of any sale, exchange or transfer
of shares of ACCO Common Stock pursuant to the direction of a Participant, former Participant or Beneficiary in accordance with this Section 4.30 will be allocated to his Accounts in the same manner, in the same proportion and as of the same
date as were the shares sold, exchanged or transferred and will be governed by the provisions of this Section 4.30(e) and all other applicable provisions of the Plan and the Trust Agreement. Such proceeds will be deemed to be held in the ACCO
Stock Fund and will be subject to the other applicable provisions of the Plan and the Trust Agreement. Pending receipt of directions as to which of the remaining Investment Funds the proceeds should be invested in, the proceeds shall be invested in
the age-appropriate Lifestyle Fund based on uniform procedures established by the Plan Administrator. 
 4.31. Certain Rights Held in ACCO
Stock Fund. 
 (a) Disposition of Preferred Share Purchase Rights. If the Preferred Share Purchase Rights of ACCO (or any rights
issued by ACCO in substitution or replacement thereof) held in the ACCO Stock Fund (‘rights’) become separately transferable or exercisable, the Trustee shall dispose of the rights by selling the rights to ACCO at a price recommended by an
independent financial advisor retained by the Trustee at ACCO’s expense. 
  

 46 

 (b) Exchange of Rights. If, prior to the sale of the rights by the Trustee to ACCO, ACCO
determines to exchange the rights for shares of ACCO Common Stock, the Trustee will surrender the rights that it holds in exchange for shares of ACCO Common Stock. 
 (c) Invalidity. If a court of competent jurisdiction issues an opinion, order or decree which, in the opinion of counsel to Fortune or the Trustee, will, in all or any particular circumstances,
(1) invalidate under ERISA or otherwise any provision or provisions of the Plan or the Trust Agreement with respect to the sale, exchange or retention of any rights held in the ACCO Stock Fund, (2) cause any such provision or provisions to
conflict with ERISA, or (3) require the Trustee not to act or such rights not to be sold, exchanged or retained in accordance with such provision or provisions, then, upon written notice thereof to the Trustee (in the case of an opinion of
counsel to Fortune) or to Fortune (in the case of an opinion of counsel to the Trustee) such provision or provisions will be given no further force or effect in such circumstances. To the extent that the Trustee is not permitted to follow the
provisions of the Plan under the opinion, order or decree or under ERISA, Fortune and the Trustee shall jointly determine a mutually agreeable approach with respect to the exercise, sale or exchange of the rights, as permitted under the
aforementioned opinion, order or decree, and consistent with ERISA. Absent the determination of a mutually agreeable approach, the Trustee shall exercise, sell or exchange the rights consistent with its responsibilities under ERISA. The Trustee
shall in no event be required to retain the rights. 
 (d) Allocation of Proceeds. The proceeds of any sale, exercise or exchange of
rights in accordance with this Section 4.31 will be allocated to the Account of a Participant, Cornier Participant or Beneficiary in the same manner, in the same proportion and as of the same date as were the shares to which the sold, exercised
or exchanged rights were attributable and will be governed by all other applicable provisions of the Plan and the Trust Agreement. Such proceeds will be deemed to be held in the ACCO Stock Fund and will be subject to provisions of the Plan and the
Trust Agreement. Pending receipt of directions as to which of the remaining Investment Funds the proceeds should be invested in, the proceeds shall be invested as designated in the Trust Agreement based on uniform procedures established by the Plan
Administrator. 
 ARTICLE V 
 ACCOUNTS 
 5.01. Participants’ Accounts. The Retirement Committee will maintain or cause to be maintained the
following separate Accounts for each Participant (and, as long as may be appropriate, for each former Participant and Beneficiary): 
 (a)
Tax Deferred Account. A Tax Deferred Account will be maintained for each Participant on whose behalf Tax Deferred Contributions are made pursuant to Section 3.01 of this Plan and on whose behalf any tax deferred contributions were made
under a Prior Plan, and such contributions and any earnings and losses thereon will be allocated to such Tax Deferred Account. 
  

 47 

 (b) Company Matching Account. A Company Matching Account will be maintained for each Participant
on whose behalf Company Matching Contributions are made pursuant to Section 3.02 of this Plan and on whose behalf any company matching contributions were made under a Prior Plan, and such contributions and any earnings and losses thereon will
be allocated to such Company Matching Account. 
 (c) After-Tax Account. An After-Tax Account will be maintained for each Participant
on whose behalf After-Tax Contributions are made pursuant to Section 3.03 of this Plan and on whose behalf any after-tax contributions were made under a Prior Plan, and such contributions and any losses and earnings thereon will be allocated to
such After-Tax Account. 
 (d) Rollover Account. A Rollover Account will be maintained for each Participant, on whose behalf any
contributions (other than after-tax contributions) have been rolled over to this Plan pursuant to Section 3.04 of this Plan and, except as otherwise specified in this Section 5.01, on whose behalf any Rollover Contributions (other than
After-Tax Rollover Contributions) has been transferred or rolled over from a Prior Plan, and such contributions and any earnings and losses thereon will be allocated to such Rollover Account. 
 (e) Profit Sharing Account. A Profit Sharing Account will be maintained for each Participant on whose behalf Profit Sharing Contributions are made
pursuant to Section 3.11 of this Plan or on whose behalf any profit-sharing or company discretionary contributions were made under a Prior Plan, and such contributions and any earnings and losses thereon will be allocated to such Profit Sharing
Account. 
 (f) Catch-Up Account. A Catch-Up Account will be maintained for each Participant, on whose behalf catch-up contributions
are made pursuant to Section 3.12 of this Plan and on whose behalf catch-up contributions were made under a Prior Plan, and such contributions and any earnings and losses thereon will be allocated to such Catch-Up Account. 
 (g) After-Tax Rollover Account. An After-Tax Rollover Account will be maintained for each Participant, on whose behalf any after-tax contributions
have been rolled over to this Plan pursuant to Section 3.04 of this Plan and, except as otherwise specified in this Section 5.01, on whose behalf any after-tax contributions have been transferred or rolled over from a Prior Plan, and such
amounts and any earnings and losses thereon will be allocated to such After-Tax Rollover Account. 
 (h) Therma-Tru Money Purchase
Account. A Therma-Tru Money Purchase Account will be maintained for each Participant on whose behalf a separate account attributable to the Therma-Tru Corp. Western Operations Hourly Employees’ Retirement Plan was maintained under the
Therma-Tru 401(k) Retirement Savings Plan as of September 1, 2005, and any amounts in such account and any earnings and losses thereon will be allocated to such Therma-Tru Money Purchase Account. 
 (i) Therma-Tru Qualified Nonelective Account. A Therma-Tru Qualified Nonelective Account will be maintained for each Participant on whose behalf
safe harbor nonelective contributions were made under the Therma-Tru 401(k) Retirement Savings Plan prior to September 1, 2005 and on whose behalf Therma-Tru Qualified Nonelective 
  

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 Contributions are made on or following September 1, 2005 pursuant to Section 3.03A of the Plan. Such
contributions, and any earnings and losses thereon, will be allocated to the Therma-Tru Qualified Nonelective Account. 
 (j) Therma-Tru
Post-2001 Employer Matching Account. A Therma-Tru Post-2001 Employer Matching Account will be maintained for each Participant on whose behalf a separate account attributable to post-2001 employer matching contributions was maintained under the
Therma-Tru 401(k) Retirement Savings Plan as of September 1, 2005, and any amounts in such account and any earnings and losses thereon will be allocated to such Therma-Tru Post-2001 Employer Matching Account. 
 (k) Therma-Tru Prior Employer Account. A Therma-Tru Prior Employer Account will be maintained for each Participant on whose behalf a separate
account attributable to employer contributions to a prior plan, which merged into the Therma-Tru 401(k) Retirement Savings Plan, was maintained under the Therma-Tru 401(k) Retirement Savings Plan as of September 1, 2005, and any amounts in such
account and any earnings and losses thereon will be allocated to such Therma-Tru Prior Employer Account. 
 (l) Therma-Tru Profit Sharing
Account. A Therma-Tru Profit Sharing Account will be maintained for each Participant on whose behalf a separate account attributable to profit sharing contributions to a prior plan, which merged into the Therma-Tru 401(k) Retirement Savings
Plan, was maintained under the Therma-Tru 401(k) Retirement Savings Plan as of September 1, 2005, and any amounts in such account and any earnings and losses thereon will be allocated to such Therma-Tru Profit-Sharing Account. 
 5.01A ESOP Subaccounts. The Committee will maintain or cause to be maintained separate subaccounts in the Accounts of each Participant to reflect
the value of the Participant’s Account Balances in the ESOP portion of the Plan and the Non-ESOP portion of the Plan. The ESOP subaccount will reflect the portion of each Account invested in the Fortune Stock Fund. The Non-ESOP subaccount will
reflect the portion of each Account invested in all Investment Funds other than the Fortune Stock Fund. 
 5.02. Allocation of Earnings
and Losses to Accounts. Subject to a Participant’s dividend election under Section 4.03(f), earnings and losses will be allocated to the Accounts of all Participants as of each Business Day by credit or deduction therefrom, as
the case may be, of the increase or decrease in the value of the Investment Funds in which such Accounts are invested since the immediately preceding Business Day attributable to interest, dividends, changes in market value, expenses and gains and
losses realized from the sale of assets. 
 5.03. Allocation of Contributions to Accounts. As of the Close of Business on each
Business Day, Tax Deferred Contributions, Company Matching Contributions, Profit Sharing Contributions, After-Tax Contributions, catch-up contributions, Rollover Contributions, and Therma-Tru Qualified Nonelective Contributions made to the Plan
during the period then ended by or on behalf of each Participant will be credited to such Participant’s Tax Deferred Account, Company Matching Account, Profit Sharing Account, After-Tax Account, Catch-Up Account, Rollover Account, After-Tax
Rollover Account, and Therma-Tru Qualified Nonelective Account, respectively. 
  

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 5.04. Required Information. Each Participating Employer will furnish to the Company all such
information reasonably requested by the Company to enable it to complete the allocations hereunder, and the Company may rely in all respects upon such information so furnished. 
 5.05. Transfer of Assets to or from Another Plan. If another employee plan is merged into this Plan, for purposes of this Plan any amount
attributable to elective salary reduction contributions under Code Section 401(k) thereunder will be combined with amounts attributable to Tax Deferred Contributions; any amounts attributable to employee contributions (or contributions
considered as taxable income) thereunder will be combined with amounts attributable to After-Tax Contributions but will be withdrawable to the extent permitted by the Company; and any amounts attributable to employer matching thereunder will be
accounted for separately under this Plan and will be vested to at least the extent provided in such other employee plan. 
 The Company may,
in its discretion, permit the direct Trustee-to-Trustee transfer of assets to the Plan from another employee plan, or the rollover of an eligible rollover distribution within the meaning of Code Section 402(c)(4) on behalf of a Covered
Employee, regardless of whether the Covered Employee has become a Participant in the Plan. If such a transfer is made though a Trustee-to-Trustee transfer, it will be treated as a merger hereunder. If such a transfer is made through a rollover of an
eligible rollover distribution, the transferred amount will be accounted for separately under this Plan and fully vested at all times. The Company may also, in its discretion, permit the transfer of assets from the Plan to another employee plan.
Each Covered Employee who is not a Participant on whose behalf an amount has been transferred to the Plan pursuant to this Section 5.05, will be treated as a Participant solely for the purposes of the provisions of this Plan pertaining to
rollover contributions. 
 If an individual who is participating in another plan within the Trust (the “Transferor Plan”) becomes
eligible to participate in this Plan due to a change in job position, the Trustee will transfer his account balance under the Transferor Plan into this Plan, and all salary reduction agreements and investment elections will remain the same as the
elections under the Transferor Plan immediately prior to such transfer. This automatic plan-to-plan transfer will occur on or about the first of the month following the quarter in which the change in job position occurs. In the event a Participant,
due to a change in job position, becomes ineligible to participate in this Plan but becomes eligible to participate in another plan within the Trust (the “Transferee Plan”), the Trustee will cause his Account Balance to be transferred to
the applicable Transferee Plan on or about the first month following the quarter in which the change in job position occurs. 
  

 50 

 5.06. Annual Additions Limitation. 
 (a) Maximum Annual Additions. Except as permitted under Section 3.12, the sum of Annual Additions (as defined in Section 5.06(c)) to a
Participant’s Accounts in any Plan Year will not exceed the lesser of: 
 (1) $40,000; or 
 (2) 100% of the Participant’s Compensation (as defined for this purpose in Section 5.08). 
 The limitations set forth in (1) next above will be adjusted annually for increases in the cost of living, in accordance with regulations issued by the Secretary of
the Treasury pursuant to the provisions of Code Section 415(d) (or such other Federal income tax statutory provisions as will at the time be applicable). 
 (b) Procedure for Preventing and Correcting Excess Annual Additions. If the Annual Additions to a Participant’s Accounts in any Plan Year exceeds the maximum annual limits as a result of the allocation of
Forfeitures, a reasonable error in estimating Compensation, a reasonable error in determining the amount of pre-tax deferrals or under such other facts and circumstances which the Commissioner of Internal Revenue finds justifiable, the portion of
any After-Tax Contributions, and thereafter Profit Sharing Contributions, and thereafter any Company Matching Contributions otherwise allocable to a Participant’s Accounts will be reduced by the amount necessary to reduce the amount
apportionable to a Participant to the lesser of the amounts set forth in Section 5.06(a)(1) or (2). If the Annual Additions to a Participant’s Accounts for 1996 or any subsequent Plan Year exceed the maximum annual limits as a result of a
reasonable error in estimating Compensation, a reasonable error in determining the amount of pre-tax deferrals or under any such other facts and circumstances which the Commissioner of Internal Revenue finds justifiable, the excess amount will be
held unallocated in a suspense account. If a suspense account is in existence at any time during a Plan Year pursuant to this section, it will not participate in the allocation of any investment gains and losses. If a suspense account is in
existence at any time during a Plan Year, all amounts in the suspense account must be allocated and reallocated to Participant’s Accounts before any After-Tax Contributions, Profit Sharing Contributions, Company Matching Contributions or Tax
Deferred Contributions may be made to the Plan for that Plan Year. Amounts allocated from the suspense account will be applied to reduce After-Tax Contributions, Profit Sharing Contributions, Company Matching Contributions and Tax Deferred
Contributions in the order that they otherwise would have been contributed to the Plan. Except as permitted under regulations issued by the Secretary of Treasury pursuant to the provisions of Code Section 415, excess amounts may not be
distributed to Participants or former Participants. 
 (c) Definition of Annual Additions. For purposes of this Plan, the term
“Annual Additions” means the amounts allocated to a Participant’s Accounts during the year that constitute: 
 (1) the Company Matching Contributions, Profit Sharing Contributions, and Qualified Nonelective Contributions allocated to each Participant’s Accounts; 
  

 51 

 (2) the Tax Deferred Contributions and After-Tax Contributions allocated to such
Participant’s Accounts; and 
 (3) Forfeitures. 
 (d) Consolidation of Defined Contribution Plans. For purposes of this Section 5.06, this Plan and any other qualified defined contribution
plan maintained by any Related Employer will be considered as a single defined contribution plan if a Participant is a participant in both plans. Amounts allocated to a Participant’s individual medical benefit account, as defined in Code
Section 415(l)(1), which is part of a defined benefit plan maintained by a Participating Employer or Related Employer will be treated as annual additions to a defined contribution plan. Amounts derived from contributions which are attributable
to post-retirement medical benefits allocated to the separate account of a Participant who is a key employee, as defined in Code Section 419A(d), under a welfare benefit fund, as defined in Code Section 419(e), maintained by a
Participating Employer or Related Employer, will be treated as annual additions to a defined contribution plan. Notwithstanding the foregoing, the compensation limit described in Section 5.06(a)(2) will not apply to any contribution for medical
benefits (within the meaning of Code Section 419A(f)(2)) after separation from service which is otherwise treated as an annual addition under Code Section 415(l)(1). If a reduction is necessary under Section 5.06(b), then the
reduction will be made to the Annual Additions under one of such plans as determined by the Retirement Committee and the governing bodies of such other plans. 
 5.07. Combined Maximum Limitations. With respect to Plan Years commencing prior to January 1, 2000, if any Participant is also participating in any other qualified plan (within the meaning of Code
Section 401) maintained by a Participating Employer or Related Employer, then for any limitation year, which will be the Plan Year, the sum of the “Defined Benefit Plan Fraction” and the “Defined Contribution Plan Fraction”
for such limitation year will not exceed one. For purposes of this Section 5.07, such sum will be determined in accordance with the following: 
 (a) The “Defined Benefit Plan Fraction” for any year is a fraction: 
 (1) the numerator of which is
the projected annual benefit of the Participant under each defined benefit plan (determined as of the close of the year); and 
 (2) the denominator of which is the lesser of the maximum dollar limitation in effect under Code Section 415(b)(1)(A) for such limitation year times 1.25, or the amount which may be taken into account under Code
Section 415(b)(1)(B) for such limitation year times 1.4. 
  

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 (b) The “Defined Contribution Plan Fraction” for any year is a fraction: 
 (1) the numerator of which is the sum of the annual additions to the Participant’s account under each defined contribution plan as of
the close of the year; and 
 (2) the denominator of which is the sum of the lesser of the following amounts determined for
such limitation year and each prior year of service with the Participating Employer or Related Employer: 
 (A) the product of
1.25 multiplied by the dollar limitation in effect under Code Section 415(c)(1)(A) for such limitation year; or 
 (B)
The product of 1.4 multiplied by the amount which may be taken into account under Code Section 415(c)(1)(B) for such limitation year. 
 For purposes of this Section 5.07, all defined benefit or defined contribution plans will be treated as one plan by class. If the above limitation would otherwise be exceeded in any limitation year, the Participant’s benefits
under the defined benefit plans will be limited. If any such defined benefit plan fails to provide for such reduction of benefits, the annual additions under this Plan will be reduced to the extent necessary to comply with the above limitation.

 If the Plan satisfied the applicable requirements of Code Section 415 as in effect for all limitation years beginning before
April 1, 1987, an amount will be subtracted from the numerator of the Defined Contribution Plan Fraction (not exceeding such numerator), as prescribed by the Secretary of the Treasury, so that the sum of the Defined Benefit Plan Fraction and
the Defined Contribution Plan Fraction computed under Code Section 415(e)(1) does not exceed one. 
 Notwithstanding any other provision
of this Plan to the contrary, effective as of January 1, 2000, this Section 5.07 will no longer limit the benefits of any Participant and will be deleted from the Plan without need for further amendment. 
 5.08. Definition of Compensation for Purposes of Sections 5.06 and 5.07. Solely for the purpose of applying the limitations of Sections 5.06 and
5.07, the term “Compensation” will mean a Participant’s W-2 income for the limitation year. Compensation for a limitation year will include compensation actually paid or includable in gross income during such limitation year as well
as any elective deferrals (as defined in Code Section 402(g)(3)) and any amount which is contributed or deferred by a Participating Employer at the election of the Participant and which is not includable in the gross income of the Participant
by reason of Code Section 125 (including “deemed 125 compensation” as defined in Revenue Ruling 2002-27) or Code Section 132(f)(4). 
 5.09. Limitation of Annual Unadjusted Earnings or Compensation. For purposes of this Plan, the Unadjusted Earnings or Compensation of a Participant will be limited to $200,000 in each Plan Year (as adjusted to
reflect the dollar amount applicable under Section 401(a)(17) of the Code). 
  

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 ARTICLE VI 
 VESTING AND FORFEITURES 
 6.01. Participant Contributions. A Participant will at all times be
100% vested in his Tax Deferred Account, After-Tax Account, Rollover Account, After-Tax Rollover Account and Catch-Up Account. 
 6.02.
Company Matching Contributions and Profit Sharing Contributions. Each Covered Employee who was a Participant in the Plan on the day before the Restatement Date will be 100% vested in his Company Matching Account. Each Covered Employee who
becomes a Participant on or after the Restatement Date will be 100% vested in his Company Matching Account on the day after he completes one year of Vesting Service. Each Covered Employee (other than an employee of Omega Cabinets, Ltd. who was hired
by Omega Cabinets, Ltd. prior to July 1, 2004) will become 100% vested in his Profit Sharing Account on the day after he completes one year of Vesting Service. Each Covered Employee of Omega Cabinets, Ltd. who was hired by Omega Cabinets, Ltd.
prior to July 1, 2004, will vest in his Profit Sharing Account upon the earlier of the Participant’s attainment of age 55 or the following vesting schedule: 
  

				
	 Number of Years of
Vesting Service
	  	Vesting
Percentage	 
	 Less than 1
	  	0	%
	 1
	  	20	%
	 2
	  	40	%
	 3
	  	60	%
	 4
	  	80	%
	 5 or more
	  	100	%”

 6.02A. Therma-Tru Money Purchase Contributions, Qualified Nonelective Contributions, Post-2001
Employer Matching Contributions, Prior Employer Contributions, and Profit Sharing Contributions. Each Participant who is a Covered Employee of Therma-Tru Corp. will at all times be 100% vested in any Therma-Tru Money Purchase Account, Therma-Tru
Qualified Nonelective Account, Therma-Tru Post-2001 Employer Matching Account, Therma-Tru Prior Employer Account, or Therma-Tru Profit Sharing Account established for him. 
 6.03. Vesting in Prior Plan. Notwithstanding any other provision of this Plan to the contrary, a Participant who participated in a Prior Plan will
be vested in his Accounts at least to the extent he was vested under such Prior Plan. 
  

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 6.04. Amendments to Vesting Schedule. No amendment to the Plan’s vesting schedules will
deprive a Participant of his nonforfeitable rights to benefits accrued to the date of such amendment. If any vesting schedule of the Plan is amended, each Participant with at least three years of Vesting Service may elect to have his nonforfeitable
percentage determined without regard to such amendment. The period during which the election may be made will commence with the date the amendment is adopted and will end on the later of: 
 (a) 60 days after the amendment is adopted; 
 (b) 60 days after the amendment is effective; and 
 (c) 60 days after the Participant is
issued written notice of the amendment by Fortune. 
 6.05. Forfeitures. Any Account Balances in a Participant’s Accounts that do
not become distributable pursuant to Article VII will be regarded as Forfeitures upon the earlier of (i) the distribution of the portion of the Participant’s Account Balances that become distributable or (ii) the fifth anniversary of
such Participant’s Severance From Service. All amounts forfeited in accordance with this Article VI will be used to reduce contributions of the Participant’s Participating Employer. Pending allocation to reduce contributions of the
Participant’s Participating Employer, such amounts will be invested in the Balanced Fund. 
 6.06. Reinstatement of Account
Balances. If a former Participant who has received a distribution of less than the full amount of his Account Balances thereafter becomes a Participant, the Participant may, provided a Break in Service of five years has not occurred, repay in
cash the amount of his Account Balances which previously had been distributed in accordance with Article VII. Upon such repayment, the amount so repaid will be reinstated (a) as of the day on which such repayment is made if such repayment
is received by the Trustee before the Close of Business on a Business Day, or (b) as of the next Business Day if such repayment is received by the Trustee on a day other than a Business Day or after the Close of Business on a Business Day. Any
such repaid amount will be nonforfeitable. If a Participant or former Participant who has received a distribution of less than the full amount of his Account Balances resumes employment before incurring a Break in Service of five years, the amount
of the Account Balances that the Participant or former Participant did not receive will be reinstated as of the Business Day next succeeding or coincident with his reemployment regardless of whether such Participant has repaid the amount of his
Account Balances which previously had been distributed in accordance with Article VII. If a Participant or former Participant who has made Tax Deferred Contributions resumes employment at any time, or if a Participant or former Participant who
has received a distribution of less than the full amount of his or her Account Balances resumes employment before incurring a Break in Service of five years, the amount of the Account Balances that the Participant or former Participant did not
receive will be reinstated as of the Business Day next succeeding or coincident with his or her reemployment, regardless of whether such Participant has repaid the amount of his or her Account Balances which previously had been distributed in
accordance with Article VII. If repayment or reinstatement of such amount is not made as provided herein, the amount of the Participant’s Account Balances previously distributed and the amount that the Participant did 
  

 55 

 not receive will be disregarded in the determination of the Participant’s Account Balances. For purposes of
Section 6.06, a “Break in Service” means any period commencing with the Participant’s Severance From Service and continuing for at least 12 consecutive months until reemployment by any Related Employer. In the event an Employee
is reemployed by a Participating Employer or Related Employer within the 12 consecutive month period following Severance From Service, a Break in Service will be deemed not to have occurred and the Employee will be considered to have been in Service
during such period he was not employed. In the event the Employee is not so reemployed within such 12 consecutive month period, the Break in Service will be deemed to have commenced on his Severance From Service. Notwithstanding the foregoing, any
former Participant who terminated employment under a Prior Plan before January 1, 1996 and who becomes a Participant in this Plan, will be immediately 100% vested in any unvested Account Balances attributable to company matching contributions
at the time of his termination of employment. 
 ARTICLE VII 
 PAYMENTS 
 7.01. Form of Payment. 
 (a) Payment Forms. Except as otherwise set forth in Section 7.03, the vested percentage of the Participant’s Account Balances will be
paid to or for the benefit of the Participant or his Beneficiary, as of the payment dates specified in Section 7.02 and in such one or more of the following forms of settlement as the Participant or his Beneficiary elects: 
 (1) by a single payment in cash; 
 (2) by a single payment in whole shares of Fortune Common Stock, ACCO Common Stock or Gallaher ADRs to the extent that the portion of such Participant’s Account Balances allocated to the Fortune Stock Fund, ACCO
Stock Fund or to the Gallaher Fund is evenly divisible by the fair market value of such stocks or Gallaher ADRs on the Business Day as of which such Account Balances are determined and the remainder of such Participant’s Account Balances in
cash; or 
 (3) by periodic installments in cash during a period not to exceed the life expectancy of the Participant or
former Participant or the joint life expectancy of the Participant or former Participant and his or her designated Beneficiary determined at the date payments begin; provided, however, that unless the Participant elects otherwise, all distributions
of the Participant’s ESOP subaccounts will be made over a period not longer than 5 years, in compliance with Code Section 409(o).. 
 (b) Conversion From Periodic Installments to Lump Sum. If a Participant, former Participant or his Beneficiary is receiving periodic installments or is entitled to a 
  

 56 

 deferred payment pursuant to Section 7.02, upon the request of such Participant, former Participant or Beneficiary
through an Approved Form of Election, all of the Account Balances will be paid in a single payment or otherwise applied for the benefit of such Participant, former Participant or Beneficiary. Such Account Balances will be valued (1) as of the
day on which such request is received by the Retirement Committee or its designee, if such request is received before the Close of Business on a Business Day, or (2) as of the next Business Day, if such request is received by the Retirement
Committee or its designee on a day other than a Business Day or after the Close of Business on a Business Day. Except as otherwise provided in Article VIII, a Participant, former Participant or his Beneficiary who is receiving periodic installments
or who is entitled to a deferred payment pursuant to Section 7.02 may not receive a partial single sum payment of his Account Balances. 
 Notwithstanding the foregoing, a former Participant who has attained age 55 or his Beneficiary, who is receiving periodic installments or is entitled to a deferred payment pursuant to Section 7.02, may elect through an Approved Form of
Election to receive partial single sum payments of his Account Balances in cash. Whenever a Participant’s Account Balances are withdrawn pursuant to this Section 7.01(b), such Account Balances will be reduced from his Accounts in the order
prescribed in Section 8.02(d). Such Account Balances will be valued (1) as of the day on which such request is received by the Committee or its designee, if such request is received before the Close of Business on a Business Day, or
(2) as of the next Business Day, if such request is received by the Committee or its designee on a day other than a Business Day or after the Close of Business on a Business Day. Notwithstanding the foregoing, for each former Participant, no
more than two such partial payments may be made in any 12-month period and the minimum amount of such partial payment will be $1,000. 
 (c)
Allocation of Earnings and Losses. As long as a Participant, former Participant or his Beneficiary is receiving periodic installments pursuant to Section 7.01(a)(3) or is entitled to a deferred payment pursuant to Section 7.02, such
Participant, former Participant or his Beneficiary will continue to share proportionately in the net income or losses of the Investment Funds but will not share in any contributions of the Participating Employer for any Plan Year after the
Participant becomes a former Participant other than the contribution for his last year of participation, if he is otherwise eligible for such contributions. 
 (d) Lump Sum Payment of Amounts of $1,000 or Less. Notwithstanding the foregoing, if the Account Balances of a Participant, former Participant or Beneficiary become payable and the vested value of such Account
Balances does not exceed $1,000, including the value of the Participant’s Rollover Account and After-Tax Rollover Account, payment will be made as soon as practicable in a single cash payment. If the vested value of such Account Balances is
zero, then such vested value will be deemed paid to the Participant immediately as a full distribution of the vested value of his Account Balances. Notwithstanding the foregoing, if the Participant, former Participant or Beneficiary has begun
receiving payments and there is at least one periodic payment that has yet to be made, such vested value will not be paid in a single payment in cash without such Participant’s or former Participant’s consent (and his spouse’s or
surviving spouse’s consent, if applicable). 
  

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 (e) Reduction of Account Balances and Investment Funds From Periodic Installments. Payments made
in periodic installments pursuant to Section 7.01(a)(3) will be withdrawn from a Participant’s Account Balances in the order prescribed in Section 8.02(d). Payments in periodic installments made pursuant to Section 7.01(a)(3)
will be withdrawn from the Investment Funds in which such Accounts are invested on a pro rata basis. 
 7.02. Time of Payment.

 (a) Payment Upon Termination of Employment. Subject to Section 7.02(c) below, if a Participant terminates employment for any
reason (whether Retirement, Disability, Termination of Employment Without Fault, death or other reason), his vested Account Balances will be paid to or applied for the Participant’s benefit as soon as practicable following the later of the
Participant’s termination of employment or receipt by the Retirement Committee or its designee of a request for payment through an Approved Form of Election. Such Account Balances will be valued (1) as of the day on which such request is
received by the Retirement Committee or its designee, if such request is received before the Close of Business on a Business Day, or (2) as of the next Business Day, if such request is received by the Retirement Committee or its designee on a
day other than a Business Day or after the Close of Business on a Business Day. Payment will be made in one of the forms specified in Section 7.01 or Section 7.03, where applicable. Except as otherwise provided in Section 7.01(b), if
a Participant, former Participant or Beneficiary elects payment of his Account Balances in periodic installments pursuant to Section 7.01(a)(3), the Participant, former Participant or Beneficiary may change the amount (either through a
decrementing counter or fixed dollar amount) of such periodic installments no more frequently than once per calendar year. 
 (b) Payment
Beginning Date. Unless a Participant elects otherwise in accordance with Section 7.02(c), payment of the Participant’s Account Balances will be paid in a single cash payment in accordance with Section 7.01(a)(1) not later than the
60th day after the close of the Plan Year in which the Participant attains Normal Retirement Age or terminates employment, whichever is later. Notwithstanding the foregoing, a Participant must file a claim for benefits through an Approved Form of
Election before payment of benefits will commence under this Section. 
 (c) Deferred Payment. Except as otherwise provided in
Section 7.02(b), if the Account Balances of a Participant, former Participant or Beneficiary become payable and the vested value of such Account Balances exceed $1,000, including the value of the Participant’s Rollover Account and
After-Tax Rollover Account, the Account Balances will not be paid to him or applied for his benefit unless the Participant, former Participant or Beneficiary elects otherwise through an Approved Form of Election. The Participant, former Participant
or Beneficiary may elect that payments be deferred until the minimum required beginning date described in Section 7.02(d). As long as the Account Balances are being so held, such Participant, former Participant or Beneficiary will, to the
extent provided in Section 7.02, continue to share proportionately the net income or net loss and expenses of the Investment Funds but will not share in any contributions made by a Participating Employer for any Plan Year after the Participant
became a former Participant. 
  

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 (d) Minimum Payment Requirements. A Participant, former Participant or Beneficiary designated
pursuant to Section 7.04(a) may also elect through an Approved Form of Election before payment of Account Balances begins, that payment be further deferred (except as otherwise provided in Section 7.02(b)). Notwithstanding any other
provision of this Plan to the contrary, a Participant or former Participant who has incurred a Severance From Service or who is a 5% owner as defined in Code Section 416(i)(1) (whether he incurred a Severance From Service or not), must begin
receiving benefits no later than April 1 of the calendar year that follows the calendar year in which the Participant or former Participant attains age 70 1/2. Benefits must be paid (1) over a period not longer than the life of the Participant or former Participant and his designated Beneficiary or (2) over a period not
extending beyond the life expectancy of the Participant or former Participant or the joint life expectancies of the Participant or former Participant and his designated Beneficiary. If a Participant or former Participant dies before his entire
interest has been paid to him, or if payment has begun to his designated Beneficiary, the Participant’s or former Participant’s entire interest (or the remaining part of such interest if payment has commenced) will be distributed within
five years after his death (or the death of his designated Beneficiary). Notwithstanding the foregoing, the preceding sentence will not apply if (A) the payment of the Participant’s or former Participant’s interest begins and is for a
certain term permitted under (2) and such payment to the designated Beneficiary begins within one year after the Participant’s or former Participant’s death or (B) the portion of the Participant’s or former
Participant’s Accounts to which his surviving spouse is entitled will be paid over a period not extending beyond the life expectancy of the surviving spouse and such payment begins no later than the date on which the Participant or former
Participant would have attained age 70 1/2. If the Participant or former Participant dies after payments have
begun, the remaining portion of such interest will continue to be paid at least as rapidly as under the method of payment being used before the Participant’s or former Participant’s death. All payments will be made in accordance with the
regulations under Code Section 401(a)(9), including Treasury Regulation Section 1.401(a)(9)-2. 
 With respect to
distributions under the Plan made on or after December 10, 2001 for calendar years beginning on or after January 1, 2001, the Plan will apply the minimum distribution requirements of Section 401(a)(9) of the Internal Revenue Code in
accordance with the regulations under Section 401(a)(9) that were proposed on January 17, 2001 (the ‘2001 Proposed Regulations’), notwithstanding any provision of the Plan to the contrary. If the total amount of required minimum
distributions made to a participant for 2001 prior to December 10, 2001 are equal to or greater than the amount of required minimum distributions determined under the 2001 Proposed Regulations, then no additional distributions are required for
such participant for 2001 on or after such date. If the total amount of required minimum distributions made to a participant for 2001 prior to December 10, 2001 are less than the amount determined under the 2001 Proposed Regulations, then the
amount of required minimum distributions for 2001 on or after such date will be determined so that the total amount of required minimum distributions for 2001 is the amount determined under the 2001 Proposed Regulations. This amendment shall
continue in effect until the last calendar year beginning before the effective date of the final regulations under Section 401(a)(9) or such other date as may be published by the Internal Revenue Service. 
  

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 (e) Notice Requirement. Any election pursuant to Section 7.01(b) or this Section 7.02
must be made through an Approved Form of Election. 
 (f) Earlier Payments to Alternate Payees. Notwithstanding any provision of this
Plan to the contrary, an Alternate Payee may elect to receive, pursuant to the terms of a Qualified Domestic Relations Order, a payment at any time sooner than the “earliest retirement age” (within the meaning of Code
Section 414(p)(4)(B)), which payment will be made from the Plan as soon as practicable after the election has been received by the Participant’s Participating Employer. 
 7.02A. Payment of Therma-Tru Money Purchase Account Balances. 
 (a) Application. Notwithstanding any provision of the Plan to the contrary, the provisions of this Section 7.02A shall apply to the distribution of all Therma-Tru Money Purchase Accounts. 
 (b) Payment Forms. 
 (1) If a Participant is legally married at the time his Account Balances become payable, his Therma-Tru Money Purchase Account, if any, will be applied to provide a qualified joint and survivor annuity, unless he has made an election under
paragraph (c) below. Notwithstanding any Plan provision to the contrary, for purposes of this Section 7.02A, a “qualified joint and survivor annuity” is an annuity providing monthly payments for the life of the Participant with a
survivor annuity for the life of the Participant’s surviving spouse equal to 50 percent of the annuity benefit payable during the joint lives of the Participant and the spouse. 
 (2) If a Participant is not married at the time his Account Balances become payable, his Therma-Tru Money Purchase Account will be applied
to provide a life annuity, unless he has made an election under paragraph (c) below. 
 (3) If, pursuant to paragraph
(c) below, a Participant has elected to waive the qualified joint and survivor annuity (or the life annuity), his Therma-Tru Money Purchase Account will be distributed in one or more of the following forms: (i) lump sum, (ii) payments
over a period certain in monthly, quarterly, semiannual, or annual cash installments, or (iii) an annuity payable over a period not extending beyond either the life of the Participant (or the lives of the Participant and his Designated
Beneficiary) or the life expectancy of the Participant (or the life expectancies of the Participant and his Designated Beneficiary). 
 (c)
Qualified Election. A Participant may make a written election to waive the qualified joint and survivor annuity (or the life annuity, as applicable). A Participant may make an election not to have his Therma-Tru Money Purchase Account paid in
the form of a 
  

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 life annuity (if unmarried) or joint and survivor annuity (if married) at any time during the 90-day period ending on the
date payment of his Account Balances commences. Such an election shall be effective only if it designates a specific form of benefit that may not be changed without spousal consent (or if the spouse’s consent expressly permits changes in
Beneficiary or form of payment without further consent by the spouse), if the Participant’s spouse consents to the election in writing, and such consent acknowledges the effect of the waiver and is witnessed by a Plan representative or a notary
public. 
 At least 30 but no more than 90 days prior to the date on which a Participant may begin to receive benefits under the Plan (or, if
the Participant elects, at least 7 days before payment of his benefits commences), the Retirement Committee or its designee shall provide each Participant who has elected the annuity form of payment with a general explanation of the joint and
survivor (or life annuity) form of payment, the circumstances under which it will be provided and the availability of the election not to receive benefits in such form. Additionally, the Retirement Committee or its designee will provide a general
explanation of the relative financial effect of an election not to receive benefits in the form of a joint and survivor (or life) annuity, the right of the Participant’s spouse to consent to an election not to receive benefits in such form, and
the right to make and the effect of a revocation of an election under this paragraph. An election under this paragraph may be revoked by a Participant at any time prior to the date his benefits commence. 
 (d) Qualified Pre-Retirement Survivor Annuity. If the Participant is legally married at his date of death, his Therma-Tru Money Purchase Account
will be applied to provide a qualified pre-retirement survivor annuity for his surviving spouse. For purposes of the Plan, a qualified pre-retirement survivor annuity is an annuity for the life of the surviving spouse provided by 50 percent of the
balance in the Participant’s Therma-Tru Money Purchase Account. The Participant and his spouse may waive the qualified pre-retirement survivor annuity in any Plan Year on or following the year in which the Participant attains age 35. Election
of a pre-retirement survivor annuity waiver requires spousal consent in writing and is subject to the same consent requirements as a waiver of a qualified joint and survivor annuity. 
 If any death benefit in excess of the qualified pre-retirement survivor annuity is payable to the Participant’s surviving spouse, said death benefit
may be paid in a lump sum or in installments as described in Section 7.01, or may be used to increase the benefit payable to the surviving spouse in the form of a life annuity, as elected by the Participant or his surviving spouse. In lieu of a
survivor annuity, the Participant’s surviving spouse may elect to receive payment of the Participant’s Therma-Tru Money Purchase Account Balance in the form of a lump sum or installments under Section 7.01(a). If an unmarried
Participant dies before his Account Balances become payable, his Therma-Tru Money Purchase Account will be distributed to his Beneficiary designated under Section 7.04 of the Plan in the form of a lump sum or installments under
Section 7.01(a), as elected by the Participant or his Beneficiary. 
 7.03. Certain Retroactive Payments. If the amount of the
payment required to be made or to begin on the date determined under Section 7.02 cannot be ascertained by such date, a payment retroactive to such date may be made no later than 60 days after the earliest date on which the amount of such
payment can be ascertained under the Plan. 
  

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 7.04. Designation of Beneficiary. 
 (a) Designation by Participant. At any time before payment of the Account Balances in a Participant’s Accounts or, if payment has begun in
periodic installments, then at any time before payment of the last installment, a Participant or former Participant may designate a Beneficiary or Beneficiaries (who may be executors or trustees and who will be the same person or persons for each of
the Participant’s Accounts) in a writing filed with the Participating Employer or its designee on a form approved by the Retirement Committee, signed by the Participant or former Participant. The Participant or former Participant in a writing
filed with his Participating Employer or its designee on a form approved by the Retirement Committee a designation of someone else as a Beneficiary, at any time before payment of his Account Balances or, if begun in periodic installments, then at
any time before the payment of his last installment has been paid. The spouse of a Participant or former Participant will in all cases be deemed to be the Beneficiary of the Participant or former Participant unless (1) the Participant or former
Participant prior to death has filed with the Participating Employer on a form approved by the Retirement Committee a designation of someone else as Beneficiary, and (2) the spouse of the Participant or former Participant has consented in
writing to such designation and the consent acknowledges the effect of the designation and is witnessed by a notary public. The spouse’s consent may be dispensed with only if the Participant establishes to the satisfaction of the Participating
Employer or its designee that the spouse’s consent cannot be obtained because the spouse cannot be located or because of such other reasons as may be prescribed by Treasury Regulations. If there is no effective Beneficiary designation by a
Participant or former Participant on file with the Participating Employer or its designee when Account Balances would otherwise be payable to a Beneficiary designated by a Participant or former Participant, then such balance will be distributed to
(1) the spouse of the Participant or former Participant, or (2) if there is no spouse, to the executor of the will or the administrator of the estate of the Participant or former Participant or, (3) if no such executor or
administrator is appointed within six months after the death of such Participant or former Participant, the Retirement Committee will direct that payment be made, in such shares as the Retirement Committee will determine, to the child, parent or
other blood relative of such Participant or former Participant, or any of them, or to such other person or persons as the Retirement Committee may determine. 
 (b) Conclusive Presumption. If the Company, after reasonable inquiry, is unable within one year to determine whether any designated beneficiary did survive the event that entitled him to receive payment of any
sum hereunder, it will be conclusively presumed that such beneficiary did in fact die prior to such event. 
 (c) Designation by Surviving
Primary Beneficiary. Each primary Beneficiary designated pursuant to Section 7.04(a) who survives the Participant or former Participant (“Surviving Primary Beneficiary”) may designate a secondary Beneficiary or Beneficiaries
(“Secondary Beneficiary”) to receive all or any portion of the Account Balances otherwise payable to the Surviving Primary Beneficiary as of the Surviving Beneficiary’s date of death. The Surviving Primary Beneficiary may only make
such designation after the Participant’s or former Participant’s death. Such Secondary Beneficiary may be an executor or trustee and will be the same person or persons for each of the Participant’s Accounts. 
  

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 Notwithstanding any other provision of this Plan to the contrary, any balance payable to any Secondary Beneficiary will
be paid pursuant to one of the payment methods provided in Section 7.01(a)(1) or (a)(2), as elected by the Secondary Beneficiary as soon as practicable after the date of the Surviving Primary Beneficiary’s death. Such balance will be
computed as of the Business Day coincident with the Surviving Primary Beneficiary’s date of death, if such date of death is on a Business Day. If the Surviving Primary Beneficiary’s date of death does not occur on a Business Day such
balance will be computed as of the Business Day immediately preceding such date of death. Any designation made pursuant to this Section 7.04(c) may be made at any time before the payment of the Participant’s or former Participant’s
Accounts to the Surviving Primary Beneficiary, or if payment has begun in periodic installments, before payment of the last installment to the Surviving Primary Beneficiary. Any designation by a Surviving Primary Beneficiary must be made in a
writing filed with the Participating Employer or its designee on a form approved by the Retirement Committee and signed by the Surviving Primary Beneficiary. Any Surviving Primary Beneficiary may revoke or change his designation of a Secondary
Beneficiary, in a writing filed with the Participating Employer or its designee on a form approved by the Retirement Committee, at any time before such Account Balances have been paid to the Surviving Primary Beneficiary or, if payment has begun in
periodic installments, at any time before payment of the last installment to the Surviving Primary Beneficiary. If no effective designation of Beneficiary pursuant to this Section 7.04(c) is on file with the Participating Employer or its
designee upon the death of the Surviving Primary Beneficiary, any balance otherwise then payable to the Surviving Primary Beneficiary will be (1) paid to the spouse of the Surviving Primary Beneficiary, or (2) if there is no spouse, to the
executor of the will or the administrator of the estate of the Surviving Primary Beneficiary, or (3) if no such executor or administrator is appointed within six months after the death of the Surviving Primary Beneficiary, the Retirement
Committee will direct that distribution be made, in such shares as the Retirement Committee will determine, to the child, parent or other blood relative of the Surviving Primary Beneficiary, or any of them, or to such other person or persons as the
Retirement Committee may determine. 
 7.05. Payment in Event of Legal Disability. If a Participant, former Participant or Beneficiary
is under a legal disability or, by reason of illness or mental or physical disability, is unable, in the opinion of the Retirement Committee, to attend to his personal financial matters properly, the Trustee may make such payments in such of the
following ways as the Retirement Committee directs to the spouse, child, parent or other blood relative of such Participant, former Participant or Beneficiary, or any of them, or to such other person or persons as the Retirement Committee determines
until such date as the Retirement Committee determines that such incapacity no longer exists. 
 7.06. Missing Distributees. If all or
any part of the interest of any Participant, former Participant or Beneficiary becomes payable hereunder and his whereabouts are then unknown to the Participating Employer or its designee, and the Participating Employer or its designee fails to
receive a claim for such payment from the person entitled to such payment, or from any other person validly acting in his behalf, then within two years thereafter, the amount of such payment will be forfeited as of the next Business Day.
Notwithstanding the foregoing, if the person entitled to receive such payment subsequently claims it, the amount will be restored. Any such Forfeiture will be applied as soon as practicable to reduce Participating Employer contributions under the
Plan. 
  

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 7.07. Information Required of Distributees. Each Participant, former Participant and Beneficiary
of a deceased Participant will file with the Participating Employer or its designee from time to time in writing his post office address and each change of post office address. Any communication, statement or notice addressed to such person at his
last post office address filed with the Participating Employer or its designee, or if no such address was filed with the Participating Employer or its designee then at his last post office address as shown in the Participating Employer’s
records, if any, will be binding on such person for all purposes of this Plan. Neither any Participating Employer, the Trustee or their respective designees will be obligated to search for or ascertain the whereabouts of any Participant, former
Participant or Beneficiary. 
 7.08. Direct Rollover Provision. 
 (a) Direct Rollover Option. Notwithstanding any provision of this Plan to the contrary that would otherwise limit a distributee’s election
under this paragraph (a), a distributee may elect, at the time and manner prescribed by the Plan Administrator, to have any portion of an eligible rollover distribution paid directly to an eligible retirement plan specified by the distributee in a
direct rollover. 
 (b) Eligible Rollover Distribution Defined. For purposes of this Section 7.08, an eligible rollover
distribution is any distribution of all or any portion of the balance to the credit of the distributee, except that an eligible rollover distribution will not include: (1) any distribution that is one of a series of substantially equal periodic
payments (not less frequently than annually) made for the life (or life expectancy) of the distributee or the joint lives (or joint life expectancies) of the distributee and the distributee’s designated Beneficiary, or for a specified period of
ten years or more, (2) any distribution to the extent such distribution is required under Code Section 401(a)(9), and (3) any distribution which is made upon the hardship of an Employee. A portion of a distribution will not fail to be
an eligible rollover distribution merely because it consists of After-Tax Contributions. However, such portion may be transferred only to a qualified plan or individual retirement account or annuity that agrees to separately account for the amounts
transferred, including the portion of the distribution that is not includable in gross income. 
 (c) Eligible Retirement Plan
Defined. For purposes of this Section 7.08, an eligible retirement plan is (1) an individual retirement account described in Code Section 408(a), (2) an individual retirement annuity described in Code Section 408(b),
(3) an annuity plan described in Code Section 403(a) or (b), (4) an eligible governmental plan under Section 457(b) that agrees to separately account for amounts transferred from this Plan, or (5) a qualified trust described
in Code Section 401(a), that accepts the distributee’s eligible rollover distribution. The definition of eligible retirement plan shall also apply in the case of a distribution to a surviving spouse, or to a spouse or former spouse who is
an alternate payee under a Qualified Domestic Relations Order. 
  

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 (d) Distributee Defined. For purposes of this Section 7.08, a distributee is an Employee or
former Employee. In addition, the Employee’s or former Employee’s surviving spouse and the Employee’s or former Employee’s spouse or former spouse who is the Alternate Payee under a Qualified Domestic Relations Order, are
distributees with regard to the interest of the spouse or former spouse. 
 (e) Direct Rollover Defined. For purposes of this
Section 7.08, a direct rollover is any payment by the Plan to the eligible retirement plan specified by the distributee. 
 7.09.
Waiver of 30-Day Notice Period. If a payment is one to which Code Sections 401(a)(11) and 417 do not apply, such payment may begin less than 30 days after the notice required under Treasury Regulation Section 1.411(a)-11(c) is given,
provided that: 
 (a) the Participant is informed that the Participant has a right to a period of at least 30 days after receiving the notice
to consider the decision of whether to elect a payment (and, if applicable, a particular payment option); and 
 (b) the Participant, after
receiving the notice, affirmatively elects a distribution. 
 ARTICLE VIIA 
 MINIMUM DISTRIBUTION REQUIREMENTS 
 Section 7A.01. General Rules.

 (a) Effective Date. The provisions of this article will apply for purposes of determining required minimum distributions for
calendar years beginning with the 2003 calendar year. 
 (b) Precedence. The requirements of this article will take precedence over
any inconsistent provisions of the Plan. 
 (c) Requirements of Treasury Regulations Incorporated. All
distributions required under this article will be determined and made in accordance with the Treasury regulations under section 401(a)(9) of the Code. 
 Section 7A.02. Time and Manner of Distribution. 
 (a) Required Beginning Date. The
Participant’s entire interest will be distributed, or begin to be distributed, to the Participant no later than the Participant’s required beginning date, as described in Section 7.02(d). 
 (b) Death of Participant Before Distributions Begin. If the Participant dies before distributions begin, the Participant’s entire interest
will be distributed, or begin to be distributed, no later than as follows: 
 (1) If the Participant’s surviving spouse
is the Participant’s sole Beneficiary, distributions to the surviving spouse will begin by December 31 of the calendar year immediately following the calendar year in which the Participant died, or by December 31 of the calendar year
in which the Participant would have attained age 70 1/2, if later. 
  

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 (2) If the Participant’s surviving spouse is not the Participant’s sole
Beneficiary, distributions to the Beneficiary will begin by December 31 of the calendar year immediately following the calendar year in which the Participant died. 
 (3) If there is no designated Beneficiary as of September 30 of the year following the year of the Participant’s death, the
Participant’s entire interest will be distributed by December 31 of the calendar year containing the fifth anniversary of the Participant’s death. 
 (4) If the Participant’s surviving spouse is the Participant’s sole Beneficiary and the surviving spouse dies after the
Participant but before distributions to the surviving spouse begin, this Section 7A.02(b), other than Section 7A.02(b)(1), will apply as if the surviving spouse were the Participant. 
 For purposes of this Section 7A.02(b) and Section 7A.04, unless Section 7A.02(b)(4) applies, distributions are considered
to begin on the Participant’s required beginning date. If Section 7A.02(b)(4) applies, distributions are considered to begin on the date distributions are required to begin to the surviving spouse under Section 7A.02(b)(1).

 (c) Forms of Distribution. Unless the participant’s interest is distributed in the form of a single sum on or before the
required beginning date, as of the first distribution calendar year distributions will be made in accordance with Sections 7A.03 and 7A.04. 
 “(d) Effect on Account Balances and Investment Funds. Whenever a Participant’s vested Account Balances are distributed pursuant to Section 7A.03 or Section 7A.04, such vested Account Balances will be reduced in
the order set forth in procedures established by the Plan Administrator. Amounts allocated to the Investment Funds in the Accounts from which amounts are distributed pursuant to Section 7A.03 or Section 7A.04 will be reduced on a pro rata
basis. 
  

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 Section 7A.03. Required Minimum Distributions During Participant’s Lifetime. 

(a) Amount of Required Minimum Distribution For Each Distribution Calendar Year. During the Participant’s lifetime, the minimum amount that
will be distributed for each distribution calendar year is the lesser of: 
 (1) the quotient obtained by dividing the
Participant’s account balance by the distribution period in the Uniform Lifetime Table set forth in Section 1.401(a)(9)-9 of the Treasury regulations, using the Participant’s age as of the Participant’s birthday in the
distribution calendar year; or 
 (2) if the Participant’s sole Beneficiary for the distribution calendar year is the
Participant’s spouse, the quotient obtained by dividing the Participant’s account balance by the number in the Joint and Last Survivor Table set forth in Section 1.401(a)(9)-9 of the Treasury regulations, using the Participant’s
and spouse’s attained ages as of the Participant’s and spouse’s birthdays in the distribution calendar year. 
 (b)
Lifetime Required Minimum Distributions Continue Through Year of Participant’s Death. Required minimum distributions will be determined under this Section 7A.03 beginning with the first distribution calendar year and up to and
including the distribution calendar year that includes the Participant’s date of death. 
 Section 7A.04. Required Minimum
Distribution After Participant’s Death. 
 (a) Death On or After Date Distributions Begin. 
 (1) Participant Survived by Designated Beneficiary. If the Participant dies on or after the date distributions begin and there is a
designated Beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the longer of the
remaining life expectancy of the Participant or the remaining life expectancy of the Participant’s designated Beneficiary, determined as follows: 
 (i) The Participant’s remaining life expectancy is calculated using the age of the Participant in the year of death, reduced by one for each subsequent year. 
 (ii) If the Participant’s surviving spouse is the Participant’s sole Beneficiary, the remaining life 
  

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 expectancy of the surviving spouse is calculated for each distribution calendar year after the year of
the Participant’s death using the surviving spouse’s age as of the spouse’s birthday in that year. For distribution calendar years after the year of the surviving spouse’s death, the remaining life expectancy of the surviving
spouse is calculated using the age of the surviving spouse as of the spouse’s birthday in the calendar year of the spouse’s death, reduced by one for each subsequent calendar year. 
 (iii) If the Participant’s surviving spouse is not the Participant’s sole Beneficiary, the Beneficiary’s remaining life
expectancy is calculated using the age of the Beneficiary in the year following the year of the participant’s death, reduced by one for each subsequent year. 
 (2) No Designated Beneficiary. If the Participant dies on or after the date distributions begin and there is no designated
Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each distribution calendar year after the year of the Participant’s death is the quotient obtained
by dividing the Participant’s account balance by the Participant’s remaining life expectancy calculated using the age of the Participant in the year of death, reduced by one for each subsequent year. 
 (b) Death Before Date Distributions Begin. 
 (1) Participant Survived by Designated Beneficiary. If the Participant dies before the date distributions begin and there is a designated Beneficiary, the minimum amount that will be distributed for each
distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the remaining life expectancy of the Participant’s designated Beneficiary, determined as
provided in Section 7A.04(a). 
 (2) No Designated Beneficiary. If the Participant dies before the date
distributions begin and there is no designated Beneficiary as of September 30 of the year following the year of the Participant’s death, distribution of the Participant’s entire interest will be completed by December 31 of the
calendar year containing the fifth anniversary of the Participant’s death. 
  

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 (3) Death of Surviving Spouse Before Distributions to Surviving Spouse Are Required to
Begin. If the Participant dies before the date distributions begin, the Participant’s surviving spouse is the Participant’s sole designated Beneficiary, and the surviving spouse dies before distributions are required to begin to the
surviving spouse under Section 7A.02(b)(1), this Section 7A.04(b) will apply as if the surviving spouse were the Participant. 
 Section 7A.05. Definitions. 
 (a) Designated Beneficiary. The individual who is designated as the Beneficiary
under Section 7.04 and is the designated beneficiary under Section 401(a)(9) of the Code and Section 1.401(a)(9)-1, Q&A-4, of the Treasury regulations. 
 (b) Distribution calendar year. A calendar year for which a minimum distribution is required. For distributions beginning before the Participant’s death, the first distribution calendar year is the
calendar year immediately preceding the calendar year which contains the Participant’s required beginning date. For distributions beginning after the Participant’s death, the first distribution calendar year is the calendar year in which
distributions are required to begin under Section 7A.02(b). The required minimum distribution for the Participant’s first distribution calendar year will be made on or before the Participant’s required beginning date. The required
minimum distribution for other distribution calendar years, including the required minimum distribution for the distribution calendar year in which the Participant’s required beginning date occurs, will be made on or before December 31 of
that distribution calendar year. 
 (c) Life expectancy. Life expectancy as computed by use of the Single Life Table in
Section 1.401(a)(9)-9 of the Treasury regulations. 
 (d) Participant’s account balance. The account balance as of the last
valuation date in the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions made and allocated or forfeitures allocated to the account balance as of dates in the
valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date. The account balance for the valuation calendar year includes any amounts rolled over or transferred to the
plan either in the valuation calendar year or in the distribution calendar year if distributed or transferred in the valuation calendar year. 
 (e) Required beginning date. The date specified in Section 7.02(d).” 
  

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 ARTICLE VIII 
 IN-SERVICE WITHDRAWALS 
 8.01. Hardship Withdrawals. 
 (a) Amount. Prior to his Severance from Service, a Participant may request a hardship withdrawal of his vested Account Balances (other than
Therma-Tru Money Purchase Contributions and Qualified Nonelective Contributions and earnings on Tax Deferred Contributions after December 31, 1988). A Participant must request a minimum hardship withdrawal of at least $500 or the total
remaining vested Account Balances, whichever is less. 
 (b) Frequency. Subject to such uniform and nondiscriminatory rules as may be
promulgated from time to time by the Retirement Committee, a Participant may apply not more frequently than twice during any 12-month period for a hardship withdrawal of all or any part of his Account Balances not previously withdrawn (excluding
Therma-Tru Money Purchase Contributions and Therma-Tru Qualified Nonelective Contributions and earnings credited on Tax Deferred Contributions after December 31, 1988). 
  

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 (c) Hardship Required. The withdrawal must be for an immediate and heavy financial need of the
Participant for which funds are not reasonably available from other resources of the Participant. A Participant will be deemed to have an immediate and heavy financial need if the hardship is on account of: 
 (1) Payment of unreimbursed medical expenses described in Code Section 213(d) (determined without regard to whether the expenses
exceed 7.5% of adjusted gross income) previously incurred by the Participant, the Participant’s spouse, any dependents of the Participant (as defined in Code Section 152 without regard to the change in definition under the Working Families
Tax Relief Act of 2004), including any non-custodial child who is subject to the special rule of Code Section 152(e) or payment of unreimbursed expenses necessary for these persons to obtain medical care described in Code Section 213(d);

 (2) Purchase (excluding mortgage payments) of the principal residence of the Participant; 
 (3) Payment of tuition, related educational fees, and room and board expenses, for the next 12 months of post-secondary education for the
Participant, the Participant’s spouse, or the Participant’s dependents (as defined in Code Section 152 without regard to Code Sections 152(b)(1), (b)(2), and (d)(1)(B)); 
 (4) Prevention of the eviction of the Participant from the Participant’s principal residence or prevention of the foreclosure on the
mortgage on the Participant’s principal residence; 
 (5) Payment of burial or funeral expenses for the
Participant’s deceased parent, spouse, children or dependents (as defined in Code Section 152 without regard to the change in definition under Code Section 152(d)(1)(B)); 
 (6) Payment of expenses for the repair of damage to the Participant’s principal residence that would qualify for the casualty
deduction under Code Section 165 (determined without regard to whether the loss exceeds 10% of adjusted gross income); 
 (7) Other events provided for in revenue rulings, notices or other documents of general applicability published by the Commissioner of Internal Revenue. 
 A Participant will be deemed to have established that the amount to be withdrawn is not reasonably available from other resources if the Participant has elected to receive a cash distribution of the dividends paid on
the shares of Fortune Common Stock attributable to his or her proportionate interest in the 
  

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 Fortune Stock Fund and has obtained all other in-service withdrawals, distributions and nontaxable loans
available under this Plan and any other plan maintained by his or her Participating Employer. The Participating Employer will determine whether a financial hardship exists and the amount to be paid as a result of the hardship. When making this
determination, the Participating Employer may rely on the Participant’s representation that his or her immediate and heavy financial need could not be satisfied in whole or in part from other resources reasonably available to the Participant.
Financial hardship determinations will be made in accordance with the Code and the applicable regulations and using a uniform and nondiscriminatory standard. If the Participating Employer or its designee approves the hardship withdrawal, the
hardship withdrawal will not exceed the amount required to meet the need created by the hardship, including any amounts necessary to pay any Federal income taxes or penalties reasonably anticipated to result from the withdrawal. 
 (d) Notice Requirement. Any application for a hardship withdrawal made pursuant to this Section 8.01 must be made through an Approved Form of
Election. 
 (e) Effective Date and Valuation Date. A hardship withdrawal will be effective and valued (1) as of the day on which
such request is approved by the Participating Employer or its designee, if such approval is made before the Close of Business on a Business Day or (2) as of the next Business Day, if such request is approved by the Participating Employer or its
designee on a day other than a Business Day or after the Close of Business on a Business Day. Payment of any amount withdrawn pursuant to this Section 8.01 will be made as soon as practicable on or after the effective date of such hardship
withdrawal. 
 (f) Effect on Account Balances and Investment Funds. Whenever a Participant’s vested Account Balances are
withdrawn pursuant to this Section 8.01, such vested Account Balances will be reduced from his Accounts in the order set forth in procedures established by the Plan Administrator. Amounts allocated to the Investment Funds in the Accounts from
which amounts are withdrawn pursuant to this Section 8.01 will be reduced on a pro rata basis. 
 (g) Limitations. If a hardship
withdrawal is made pursuant to this Section 8.01, the Participant may not make Tax Deferred Contributions or After-Tax Contributions for a period of 6 months following the date he receives the payment. 
 8.02. Withdrawals Upon Attainment of Age 59 1/2. 
 (a)
Amount. In addition to any other withdrawals that may be made pursuant to this Article VIII, a Participant may before his Severance From Service apply for a withdrawal of all or any portion of his vested Account Balances in his Accounts
(other than his Therma-Tru Money Purchase Account) after he has attained age 59 1/2. 
 (b) Notice Requirement. Any application for a withdrawal made pursuant to this Section 8.02 must be made through an Approved Form of
Election. 
  

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 (c) Effective Date and Valuation Date. A withdrawal made pursuant to this Section 8.02 will
be effective and valued (1) as of the day on which such request is approved by the Retirement Committee or its designee, if such approval is made before the Close of Business on a Business Day, or (2) as of the next Business Day, if such
request is approved by the Retirement Committee or its designee on a day other than a Business Day or after the Close of Business on a Business Day. Payment of any amount withdrawn pursuant to this Section 8.02 will be made as soon as
practicable on or after the effective date of such withdrawal in a single sum payment in cash. 
 (d) Effect on Account Balances and
Investment Funds. Whenever a Participant’s vested Account Balances are withdrawn pursuant to this Section 8.02, such vested Account Balances will be reduced from his Accounts in the order set forth in procedures established by the Plan
Administrator. Amounts allocated to the Investment Funds in the Accounts from which amounts are withdrawn pursuant to this Section 8.02 will be reduced on a pro rata basis. 
 8.03. In-Service Withdrawals for Inactive Participants. Notwithstanding any other provision of this Plan to the contrary, any Participant who is
transferred to a Non-Participating Employer or a class of employees that is not eligible to participate in this Plan will be eligible to receive in-service withdrawals under Sections 8.01 and 8.02. 
 8.04 Withdrawals From Rollover Accounts. In addition to any other withdrawals that may be made pursuant to this Article VIII, a Participant
who was hired by Omega Cabinets, Ltd. prior to July 1, 2004, may at any time before his Severance From Service apply for a withdrawal of all or any portion of his Rollover Account and After-Tax Rollover Account. Moreover, a Participant who was
hired by Capital Cabinet Corporation prior to December 7, 2004, may at any time before his Severance From Service apply for a withdrawal of all or any portion of his Rollover Account. 
 ARTICLE IX 
 LOANS 
 9.01. Availability. Loans may be made to Participants in accordance with this Article IX under uniform rules and conditions as the Retirement
Committee may prescribe. A Participant may borrow from the vested portion of his Account Balances, excluding amounts in his Therma-Tru Money Purchase Account. A loan must be requested through an Approved Form of Election. The Retirement Committee or
its designee may require the Participant to sign certain documents and provide certain written documentation as it deems necessary. A Participant may not have outstanding more than one loan to acquire any dwelling unit which within a reasonable time
is to be used as the principal residence of the Participant and one loan for any other purpose. A Participant may not apply for a new loan until 30 days after the prior loan is repaid in full. A Participant who transfers employment to a
Non-Participating Employer or a class of employees that is not eligible to participate in the Plan may also apply to borrow in accordance with this Section 9.01. A former Participant whose Accounts have not been paid out and who is a
party-in-interest within the meaning of ERISA Section 3(14) may 
  

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 apply to borrow to the extent required by Federal law. The Retirement Committee may permit loan rollovers in cases of
acquisitions or dispositions for specified groups during specified periods. 
 9.02. Effect on Account Balances and Investment Funds.
Whenever all or any part of a Participant’s Account Balances are borrowed, the amount representing such vested Account Balances or part thereof transferred to the Loan Fund will be reduced in the order set forth in procedures established by the
Plan Administrator. A loan will be withdrawn from the respective Investment Funds in which such vested Account Balances are invested on a pro rata basis. A loan will be effective and the amount of the loan will be transferred to the Loan Fund
(1) as of the day on which such loan application is approved by the Retirement Committee or its designee, if such approval is made before the Close of Business on a Business Day, or (2) as of the next Business Day, if such loan application
is approved by the Retirement Committee or its designee on a day other than a Business Day or after the Close of Business on a Business Day. 
 9.03. Amount. The amount of any loan made pursuant to this Article IX will not be less than $1,000. The aggregate amount of all such loans to a Participant or eligible former Participant will not exceed 50% of the vested portion
of his Account Balances under the Plan, and will not exceed $50,000 minus the highest outstanding Plan loan balance during the 12-month period ending the day before the loan is made. 
 9.04. Term of Loan. The term of a loan will not exceed five years. Notwithstanding the foregoing, the term of a loan will not exceed ten years if
its purpose is to acquire any dwelling unit which within a reasonable time is to be used as the principal residence of the Participant. 
 9.05. Promissory Note. A secured promissory note will be delivered to the Trustee or its agent pledging as collateral a portion of the Participant’s vested interest in his Accounts not less than the amount of the borrowing.
Interest on a loan will be fixed by the Retirement Committee or its designee at a rate reasonably equivalent to prevailing market interest rates. 
 9.06. Repayment. The loan will be repaid in regular installments in each pay period, by means of payroll deductions. Prepayment of a loan in its entirety without penalty will be permitted at any time. Partial prepayment of a loan
will not be permitted provided that a Participant or former Participant may repay his loan in part if the loan becomes due and payable as a result of his termination of employment for any reason for up to 60 days after such termination of
employment. Notwithstanding the foregoing, repayment by (a) a Participant who is on an Approved Leave of Absence, (b) a Participant who transfers employment to a Non-Participating Employer or class of employees that is not eligible to
participate in the Plan, (c) a Participant whose payroll deductions have ceased in connection with such Participant’s bankruptcy proceedings, or (d) a former Participant who is a party-in-interest within the meaning of
Section 3(14) of ERISA will be made by such Participant or former Participant on at least a monthly basis to the Trustee by means of a certified check or money order delivered to the Trustee or its agent. A loan which is not repaid when due
will be deemed to be in default 
  

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 and will be treated as a “deemed distribution” if not repaid within the cure period specified in uniform rules
and guidelines established by the Committee. A loan under the Plan will constitute an earmarked investment of the borrowing Participant’s Accounts. Loan repayments will be credited to the Participant’s Account or Accounts from which the
loan was made as of the date such payment is received by the Trustee or its agent on a pro rata basis. Loan repayments will be credited to the Investment Funds in accordance with the Participant’s investment election under Section 4.02 in
effect at the time of repayment of the loan or, in the absence of such investment election, to the age-appropriate Lifestyle Fund based on uniform procedures established by the Plan Administrator. 
 9.07. Reduction of Account Balance. Upon a Participant’s termination of employment or at such other time as the Participant’s Account
Balances are distributed before a loan is repaid in full, the unpaid balance thereof, together with interest due and payable thereon, will become due and payable, and the Trustee will first satisfy the indebtedness from the amount payable to the
Participant before making any payments to Participant. If a loan becomes in default, foreclosure on the promissory note and attachment of security on such loan will not occur until a distributable event occurs under the Plan. 
 ARTICLE X 
 ADMINISTRATION OF
PLAN 
 10.01. Fiduciaries. 
 (a) The Fiduciaries will have only those specific powers, duties, responsibilities and obligations as are specifically given them under this Plan and the Trust Agreement or delegated to them by the Company. The Board of Directors of the
Company will have the sole authority to appoint and remove the Trustee, the members of the Trusts Investment Committee and the members of the Retirement Committee and, except to the extent such authority has been delegated, to amend or terminate, in
whole or in part, the Trust. The Board of Directors of the Company will have the sole authority to amend or terminate, in whole or in part, this Plan provided, however, that the Retirement Committee will have the authority to amend the Plan solely
with respect to matters affecting Participating Employers other than Fortune. The Company will be the Plan Administrator for the purposes of ERISA and will have the responsibility for the administration of this Plan, which responsibility is
specifically described in this Plan and the Trust Agreement, except that the Retirement Committee will have the sole responsibility for the performance of those administrative duties specifically given it as described in this Plan. Except to the
extent delegated to another Investment Manager, the Trustee will have the responsibility for the administration and management of the assets held under the Trust, all as specifically provided in the Trust Agreement. The Trusts Investment Committee
will have the sole authority to appoint any Investment Manager. The Investment Managers will have the sole authority to vote proxies with respect to any securities held in the Trust, except as otherwise provided in Section 4.26 and except for
proxies with respect to Fortune Common Stock held in the Fortune Stock Fund, ACCO Common Stock held in the ACCO Stock Fund and Gallaher ADRs held in the Gallaher Fund. 
  

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 (b) Each Fiduciary may rely upon any direction, information, or action of another Fiduciary with respect
to matters within the responsibility of such other Fiduciary as being proper under this Plan or any funding instrument and is not required under this Plan or funding instrument to inquire into the propriety of any such direction, information, or
action. To the maximum extent permitted by law, it is intended under this Plan that each Fiduciary will be responsible for the proper exercise of its own powers, duties, responsibilities, and obligations under this Plan and will not be responsible
for any act or failure to act of another Fiduciary. To the maximum extent permitted by ERISA, no other Fiduciary will be liable for any loss which may result from a decision of an Investment Manager with respect to Plan assets under its control.

 (c) To the maximum extent permitted by applicable law, the Company will indemnify the members of the Board of Directors of the Company,
the Participating Employers, the members of the Retirement Committee, the members of the Board of Directors of Fortune, the members of the Trusts Investment Committee and any other employee of the Company who may be delegated responsibility under
the Plan and save them and each of them harmless from the effects and consequences of their acts, omissions, and conduct in their official capacity except to the extent that such effects and consequences will result from their own willful
misconduct. 
 10.02. Claims Procedure. The Retirement Committee will make all determinations as to the right of any person to a
benefit. Any denial by the Retirement Committee of the claim for benefits under the Plan by a Participant or Beneficiary will be stated in writing by the Retirement Committee and delivered or mailed to the Participant or Beneficiary within 90 days
after receipt by the Retirement Committee; and such notice will set forth the specific reasons for the denial. If the Retirement Committee determines that special circumstances require an extension of time for processing the claim, the initial
90-day period may be extended for up to 90 additional days. The Retirement Committee will give the claimant written notice of the extension prior to the expiration of the initial 90-day period, and such notice will set forth the circumstances
requiring the extension of time and the date by which the Retirement Committee expects to render a decision. In the event of a denial of a claim, a claimant may notify the Retirement Committee in writing within 60 days after receipt of written
denial of the claim that the claimant wishes a review of the denial of the claim and present to the Retirement Committee a written statement of the claimant’s position. The Retirement Committee will act upon such request for review within 60
days after receipt thereof unless special circumstances require further time, but in no event later than 120 days after receipt. If the Retirement Committee confirms the denial in whole or in part, the Retirement Committee will present in a written
notice to the claimant the specific reasons for denial and specific references to the Plan provisions on which the decision was based, in a manner calculated to be understood by the claimant. 
 No action at law or in equity shall be brought to recover benefits under the Plan until the appeal rights described herein have been exercised and until
the Plan benefits 
  

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 requested in such appeal have been denied in whole or in part. If any judicial proceeding is undertaken to appeal the
denial of a claim or bring any other action under ERISA other than a breach of fiduciary duty claim, the evidence presented will be strictly limited to the evidence timely presented to the Committee. In addition, any such judicial proceeding must be
filed within 180 days after the Committee’s final decision. 
 In determining claims for benefits, the Retirement Committee has the
authority and discretion to interpret the Plan and to resolve ambiguities herein, to made factual determinations, and to resolve questions relating to eligibility for and amount of benefits. Benefits will be paid only if the Retirement Committee, or
its delegate, decides in its discretion that the claimant is entitled to them. All interpretations and determinations made by the Retirement Committee, or its delegate, are conclusive, final and binding. 
 10.03. ERISA Compliance. The Company or its designee will exercise such authority and responsibility as it deems appropriate in order to comply
with ERISA and governmental regulations issued thereunder relating to records of Participants’ benefits under the Plan; notifications to Participants; annual registration with the Internal Revenue Service; and annual reports to the Department
of Labor. 
 10.04. Fiduciary Powers. The Retirement Committee will have such duties and powers as may be necessary to discharge its
duties hereunder, including, but not by way of limitation, the following: 
 (a) to construe and interpret the Plan, decide
all questions of eligibility and determine the manner and time of payment of any benefits hereunder; 
 (b) to prescribe
procedures to be followed by Participants or beneficiaries filing applications for benefits; 
 (c) to prepare and distribute,
in such manner as the Company determines to be appropriate, information explaining the Plan; 
 (d) to receive from the
Participating Employers, the Trustee, and Participants such information as is necessary for the proper administration of the Plan; 
 (e) to prepare such annual reports with respect to the administration of the Plan as are reasonable and appropriate; to submit annually to the Board of Directors of the Company a report showing in reasonable detail the assets of the Plan
and giving a brief account of the operation of the Plan for the preceding Plan Year; 
 (f) to receive, review, and keep on
file (as it deems convenient or proper) reports of the financial condition, and of the receipts and disbursements, of the Trust; 
 (g) to determine, without limitation, the meaning of the term “Employee” and “Covered Employee” and which employees are eligible to participate in the Plan and receive benefits hereunder; 
  

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 (h) to direct the Trustee with respect to the payment of benefits; and 
 (i) to employ agents, attorneys, accountants, or other persons (who also may be employed by any Related Employer or the Trustee), and to
allocate or delegate to them such powers, rights, and duties as the Retirement Committee may consider necessary or advisable to properly carry out the administration of the Plan, including maintaining the accounts of Participants, provided that such
allocation or delegation, and the acceptance thereof by such agents, attorneys, accountants, or other persons, will be in writing. 
 10.05.
Administrative Rules. The Company and the Retirement Committee may adopt such rules as they deem necessary, desirable or appropriate. All rules and decisions will be uniformly and consistently applied to all Participants in similar instances.
When making a determination or calculation, the Company or the Retirement Committee will be entitled to rely upon information furnished by a Participant or Beneficiary, an Employer or the legal counsel of an Employer. 
 10.06. Committee Procedures. The Retirement Committee may act at a meeting or in writing without a meeting. The Retirement Committee will elect
one of its members as chairman, and appoint a secretary, who may or may not be a Retirement Committee member. The secretary will keep a record of all meetings and forward all necessary communications to the Company. The Retirement Committee may
adopt such bylaws and regulations as it deems desirable for the conduct of its affairs. All decisions of the Retirement Committee will be made by the vote of the majority including actions in writing taken without a meeting. 
 10.07. Plan Expenses. All reasonable expenses in connection with the administration of the Plan, including fees of
the Trustee and its counsel or agents, expenses incident to investments of the Trust and any federal, state or other taxes levied against the Trust, fees of accountants, actuaries, attorneys, and investment managers and any
other proper expenses of administering the Plan as determined by the Retirement Committee, will be paid from the Trust; provided, however, that the Company may pay such expenses directly. 
 ARTICLE XI 
 AMENDMENTS AND TERMINATION 
 11.01. Reserved Powers. The Company (by action of the Board of Directors or the Retirement Committee as provided in Section 10.01(a)) will
have the power at any time and from time to time to amend, replace or terminate, in whole or in part, this Plan; provided, however, that no amendment, under any circumstances, may be adopted, the effect of which would be to (a) revest in any
Participating Employer any interest in the assets of the Plan or any part thereof, or (b) decrease, either directly or indirectly, the accrued benefit of any Participant (except as permitted by Code Section 411(d)(6) and applicable
regulations and rulings); except that amendments may be so made if, in the opinion of counsel for the company, such action is 
  

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 necessary to qualify, or maintain the qualification of, this Plan under the provisions of the Code. Notwithstanding any
other provision of this Plan, each Participating Employer reserves the right to completely discontinue its contributions hereunder and its participation in this Plan at any time. 
 11.02. Plan Termination. Upon the complete discontinuance of contributions under the Plan by all Participating Employers, and regardless of any
formal corporate action, or upon the complete termination of the Plan, all Account Balances of all Participants will be fully vested and nonforfeitable, after payment of all expenses of the Plan. Upon a partial termination of the Plan by operation
of law, the foregoing sentence of this Section 11.02 will apply to the Participants with respect to whom the Plan is being terminated. 
 11.03. Plan Merger. In the case of any merger or consolidation of the Plan with, or the transfer of Plan assets or liabilities to, any other plan qualified under Code Section 401(a), provision will be made so that each
Participant in the Plan on the date of the merger or transfer, would 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 prior to
the merger, consolidation or transfer if the Plan had then terminated. 
 11.04. Successor Employer. In the event of the disposition
of an operating unit by the Company or another Participating Employer whereby a successor person, firm or company continues to carry on all or a substantial part of its business, and such successor elects to carry on the provisions of this Plan in
such manner as is satisfactory to the Company, the Company may cause the assets of the Plan allocable to the Covered Employees of such operating unit to be transferred to the successor funding agent. In the absence of such a transfer, distribution
may be made with respect to such Covered Employees as if the date of disposition constituted a distributable event otherwise permitted under the Plan with respect to such Covered Employee. 
 ARTICLE XII 
 MANAGEMENT OF TRUST 
 12.01. Funds in Trust. All the assets of the Plan will be held in the Trust for use in accordance with the provisions of the Plan in providing
benefits for Participants, former Participants and Beneficiaries. The assets of the Trust will be held, invested and disposed of in accordance with the terms of the Trust Agreement. All contributions under this Plan will be paid to the Trustee and,
except as otherwise provided in Section 13.03, all assets of the Trust Fund allocable to the Plan, including income from investments and from all other sources, will be retained for the exclusive benefit of Participants, former Participants and
Beneficiaries, and will be used to pay benefits to such persons or to pay expenses of administration of the Plan and the Trust to the extent not paid by the Company or another Participating Employer. 
 12.02. Trustee and Trust Agreement. The Trust will be held by a Trustee under a Trust Agreement approved by the Board of Directors of Fortune,
with such powers in the 
  

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 Trustee as will be provided in the Trust Agreement and in accordance with the provisions of the Plan. The Trust Agreement
may provide for the administration thereunder of the funds of any other defined contribution plan established by the Company or any other Related Employer and for the commingling of all funds administered under the Trust Agreement. The Trustee will
be such bank or trust company as may be appointed by the Board of Directors of Fortune from time to time. The Board of Directors of Fortune may remove a Trustee at any time, upon reasonable notice, and upon such removal, or upon the resignation of a
Trustee, the Board of Directors of Fortune will appoint a successor Trustee. 
 12.03. Investment Managers. The Trusts Investment
Committee may appoint one or more investment counsel as Investment Managers of all or a portion of the Investment Funds held in the Trust and grant to each such Investment Manager full and sole authority and responsibility for the investment and
reinvestment of such portion thereof as the Trusts Investment Committee so directs. The Trusts Investment Committee may remove an Investment Manager at any time, upon reasonable notice, and upon such removal, or upon the resignation of an Investment
Manager, the Trusts Investment Committee may appoint another Investment Manager. The Trusts Investment Committee will designate mutual funds for investments of the Plan. 
 12.04. Conclusiveness of Reports. Any report of the Trustee required or permitted under the Plan will be conclusive upon all Participants, former Participants, and Beneficiaries. 
 ARTICLE XIII 
 MISCELLANEOUS

 13.01. Non-Alienation of Benefits. 
 (a) Interest Non-Transferable. Except as may be required by a Qualified Domestic Relations Order, benefits under this Plan will not in any way be subject to the debts or other obligations of any Participant,
former Participant or Beneficiary, and may not be voluntarily or involuntarily sold, transferred or assigned. 
 (b) Application of
Benefits. If any Participant, former Participant or Beneficiary or other person having an interest in or under this Plan or the Trust becomes bankrupt or attempts to anticipate, alienate, sell, transfer, assign, pledge, encumber or charge any
benefit under the Plan or interest in the Trust, then such benefit or interest will cease and determine, and in that event the Trustee will hold or apply it, in such shares as the Retirement Committee determines, to or for the benefit of such
Participant, former Participant or other person, or his spouse, child, parent or other blood relative, or any of them, or to such other person or persons as the Retirement Committee may determine, but the Trustee, as the case may be, will be under
no duty to see to the application of any distributions so made. 
  

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 13.02. Action by Participating Employers. Any action by a Participating Employer regarding
participation in or withdrawal from this Plan will be evidenced by a resolution of its board of directors certified by its secretary or assistant secretary under its corporate seal. All actions taken in administration of this Plan will be taken by
the appropriate members of the Retirement Committee or officers of the Participating Employer or its other employees authorized to take such actions by such officers. 
 13.03. Exclusive Benefit. The Participating Employers will have no right, title or interest in the assets of the Trust, nor will any part of the assets of the Trust at any time revert to any Participating
Employer or be used for, or diverted to, purposes other than for the exclusive benefit of Participants, former Participants or their Beneficiaries, or for defraying Plan expenses, except as follows: 
 (a) If the Internal Revenue Service initially determines that the Plan, as applied to any Participating Employer, does not meet the requirements of a
“qualified plan” under Code Section 401(a), the assets of the Trust attributable to contributions made by that Participating Employer under the Plan will be returned to that Participating Employer within one year of the date of denial
of qualification of the Plan as applied to that Participating Employer. 
 (b) If a contribution or a portion of a contribution is made by a
Participating Employer as a result of a mistake of fact, such contribution or portion of a contribution will not be considered to have been contributed to the Trust by that Participating Employer and, after having been reduced by any losses of the
Trust attributable thereto, will be returned to that Participating Employer within one year of the date the amount is paid to the Trust. 
 (c) Each contribution made by a Participating Employer is conditioned upon the deductibility of such contribution as an expense for Federal income tax purposes and, therefore, to the extent that the deduction for a contribution made by a
Participating Employer is disallowed, then such contribution, or portion of a contribution, after having been reduced by any losses of the Trust attributable thereto will be returned to that Participating Employer within one year of the date of
disallowance of the deduction. 
 13.04. Gender and Number. Where the context admits, words in the masculine gender will include the
feminine and neuter genders, the singular will include the plural and the plural will include the singular. 
 13.05. Right to
Discharge. Every Employee and Participant will be subject to dismissal from the service of every and all Related Employers to the same extent as if this Plan had never been created. 
 13.06. Absence of Guaranty. No Participating Employer in any way guarantees the Trust against loss or depreciation. The liability of the Trustee
or the Participating Employers to make any payment or distribution under the Plan related to assets held or to be held in the Trust is limited to the available assets of the Trust. 
  

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 13.07. Headings. The headings of Articles and Sections are included solely for convenience of
reference and are not intended in any way to modify or otherwise to affect the text of the Plan. 
 13.08. Governing Law. The Plan
will be governed by and administered and construed under the laws of the State of New York except to the extent that it is required to be governed by and administered and construed under the laws of the United States of America. 
 ARTICLE XIV 
 TOP-HEAVY RULES

 14.01. Top-Heavy Determination. 
 (a) Top-Heavy Test. The Plan is top-heavy for a Plan Year if: 
 (1) the top-heavy
ratio for the Plan exceeds 60% and the Plan is not part of a required aggregation group or a permissive aggregation group; 
 (2) the Plan is part of a required aggregation group, but not part of a permissive aggregation group, and the top-heavy ratio for the required aggregation group exceeds 60%; or 
 (3) the Plan is part of a required aggregation group and part of a permissive aggregation group and the top-heavy ratio for every
permissive aggregation group exceeds 60%. 
 (b) Top-Heavy Ratio. The top-heavy ratio is a fraction: 
 (1) the numerator of which is the sum of the present value of accrued benefits under the aggregate defined benefit plans for all key
employees and the sum of account balances under the aggregate defined contribution plans for all key employees as of the determination date(s); and 
 (2) the denominator of which is the sum of the present values of accrued benefits under the aggregate defined benefit plans for all Participants and the sum of the account balances under the aggregate defined
contribution plans for all Participants as of the determination date(s). 
 Both the numerator and the denominator are determined in
accordance with Code Section 416 and the applicable regulations. In both the numerator and denominator of the top-heavy ratio, the present value of the accrued benefits and the amounts of account balances of an employee are increased by any
distribution to the employee under the Plan and any plan aggregated with the Plan under Code Section 416(g)(2) during the one-year period ending on the determination date (or the five-year period ending on the determination date(s) if a
distribution is made for a reason other than separation from service, disability or death), 
  

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 including distributions under a terminated plan that, if it had not been terminated, would have been required to be
included in the aggregation group under Code Section 416(g)(2)(A). The value of account balances and the present value of accrued benefits will be determined as of the most recent valuation date that falls within or ends with the 12-month
period ending on the determination date, except as provided in Code Section 416 and the applicable regulations for the first and second plan years of a defined benefit plan. The account balances and accrued benefits will be disregarded if the
Participant: 
 (1) is not a key employee, but was a key employee in a prior year; or 
 (2) has not been credited with at least one Hour of Service with any Related Employer at any time during the one-year period ending on the
determination date. 
 The calculation of the top-heavy ratio, and the extent to which distributions, rollovers, and transfers are taken into
account will be made in accordance with Code Section 416 and the applicable regulations. Proportional subsidies and nondeductible employee contributions are ignored in computing the top-heavy ratio. Nonproportional subsidies are considered in
computing the top-heavy ratio. When aggregating plans, the value of account balances and accrued benefits will be calculated using the determination dates that fall within the same calendar year. 
 (c) Required Aggregation Group. A required aggregation group consists of: 
 (1) each qualified plan of a Related Employer in which at least one key employee participates or participated at any time during the
determination period (regardless of whether the plan has terminated); and 
 (2) any other qualified plan of a Related
Employer which enables a plan described in subsection (1) to meet the requirements of Code Section 401(a)(4) or 410. 
 (d)
Permissive Aggregation Group. A permissive aggregation group consists of: 
 (1) the required aggregation group; and

 (2) any other plans of the Related Employers which, when considered as a group with the required aggregation group, would
continue to satisfy the requirements of Code Sections 401(a)(4) and 410. 
 (e) Key Employee. A key employee is any employee or former
employee of a Related Employer (and the beneficiaries of such employee) who at any time during the Plan Year that includes the determination date is: 
 (1) an officer of a Related Employer with annual compensation exceeding $130,000 (as adjusted under Code Section 416(i)(1) for Plan Years beginning after December 31, 2002); 
  

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 (2) a 5% owner of a Related Employer; or 
 (3) a 1% owner of a Related Employer with annual compensation exceeding $150,000. 
 For purposes of defining a key employee, annual compensation means compensation within the definition of Code Section 415(c)(3). The determination of who is a key
employee will be made in accordance with Code Section 416(i)(1), the applicable regulations and other guidance of general applicability thereunder. 
 (f) Non-Key Employee. A non-key employee is an employee of a Related Employer who is not a key employee, including an employee who is a former key employee. 
 (g) Determination Period. The determination period is the Plan Year containing the determination date and the four preceding Plan Years.

 (h) Determination Date and Valuation Date. The last day of the preceding Plan Year is the determination date and the valuation
date. 
 (i) Accrual Method. Solely for determining if the Plan, or any other plan included in a required aggregation group of which
this Plan is a part, is top-heavy the accrued benefit of an employee of a Related Employer other than a key employee will be determined under (1) the method, if any, that uniformly applies for accrual purposes under all plans maintained by the
group, or (2) if there is no such method, as if the benefit accrued not more rapidly than the slowest accrual rate permitted under the fractional accrual rate of Code Section 411(b)(1)(C). 
 14.02. Minimum Vesting. Notwithstanding the provisions of Article VI, if the Plan is top-heavy in any Plan Year, each Participant who has an Hour
of Service in such Plan Year will have and retain a 100% vested interest in his Account Balances if he has at least three years of Vesting Service. 
 14.03. Minimum Contributions. Notwithstanding any other provision of this Plan to the contrary, for any Plan Year for which the Plan is top-heavy, unless a Participant who is a non-key employee accrues a benefit under a retirement
plan of a Related Employer for such Plan Year of not less than 2% of his average annual compensation during the five consecutive years of his Vesting Service during which his compensation was the greatest multiplied by his years of Vesting Service
not in excess of ten (disregarding any years after the last Plan Year with respect to which the Plan is top-heavy), each Participating Employer will make such additional contributions as will be necessary to provide contributions for each Employee
eligible to participate under Article II who is not a key employee equal to 3% of that Participant’s compensation; provided that such contribution need not exceed the greatest contribution for any key employee for such Plan Year. The minimum
contribution under this 
  

 84 

 Section 14.03 will apply even though under other Plan provisions the Employee would not otherwise be entitled to
receive an allocation or would have received a lesser allocation for the year because: 
 (1) the individual failed to
complete 1,000 Hours of Service; 
 (2) the individual failed to make mandatory contributions to the Plan; or 
 (3) the individual’s compensation is less than a stated amount. 
 For purposes of this Article XIV, the term “compensation” means compensation as defined in Code Section 415. Employer matching contributions and qualified nonelective contributions shall be taken into
account for purposes of satisfying the minimum contribution requirements of Section 416(c)(2) of the Code and the Plan. The preceding sentence shall apply with respect to matching contributions under the Plan or, if the Plan provides that the
minimum contribution requirement shall be met in another plan, such other plan. Employer matching contributions that are used to satisfy the minimum contribution requirements shall be treated as matching contributions for purposes of the actual
contribution percentage test and other requirements of Section 401(m) of the Code. The Employer may provide that the minimum benefit requirement shall be met in another plan (including another plan that consists solely of a cash or deferred
arrangement which meets the requirements of Section 401(k)(12) of the Code and matching contributions with respect to which the requirements of Section 401(m)(11) of the Code are met). 
 14.04. Special Annual Additions Limitation. With respect to Plan Years commencing prior to January 1, 2000, in any Plan Year for which the
Plan is top-heavy, the fraction 1.0 will be used in place of the fraction 1.25 in applying the limitations in Sections 5.06 and 5.07 to a Participant who has also participated in a qualified defined benefit plan of a Related Employer.
Notwithstanding any other provision of this Plan to the contrary, effective as of January 1, 2000, this Section 14.04 will no longer limit the benefits of any Participant and will be deleted from the Plan without need for further amendment
(and Section 14.05 will automatically be redesignated as 14.05). 
 14.05. Provisions Applicable if Plan Ceases to be Top-Heavy.
If the Plan is top-heavy with respect to a Plan Year and ceases to be top-heavy for a subsequent Plan Year and a Participant has completed three years of Vesting Service on or before the last day of the most recent Plan Year for which the Plan was
top-heavy, the applicable vesting schedule set forth in Section 14.02 will continue to apply with respect to a Participant. 
  

					
		 	MASTERBRAND INDUSTRIES, INC.
			
	Date:                     , 2001	 	By:	 	  

  

 85 

 EXHIBIT A 
 TRANSITIONAL PROVISIONS 
 Transitional Provision for Hourly Employees of Schrock Cabinet
Company. Notwithstanding any other provision of this Plan to the contrary, an hourly-paid Employee of Schrock Cabinet Company on June 12, 1998 will participate in this Plan on such date and will be credited with Hours of Service and periods
of employment with Schrock Cabinet Company, a division of White Consolidated Industries, Inc., prior to the date that Schrock Cabinet Company became a Related Employer in determining a Year of Eligibility Service and Vesting Service. 
 Transitional Provision for Employees of Omega Cabinets, Ltd. Notwithstanding any other provision of this Plan to the contrary, a Covered Employee
of Omega Cabinets, Ltd. who was a participant in the Omega Cabinets, Ltd. 401(k) Plan as of June 30, 2004, will participate in this Plan on July 1, 2004, and will be credited with Hours of Service and periods of employment with Omega
Cabinets, Ltd. prior to the date that it became a Related Employer in determining a Year of Eligibility Service and Vesting Service. To the extent that this Plan accepts a transfer of assets and liabilities from the Omega Cabinets, Ltd. 401(k) Plan,
each transferred Participant’s tax deferral contribution account under the Omega Cabinets, Ltd. 401(k) will be credited to the Participant’s Tax Deferred Account, each transferred Participant’s company matching contribution account
under the Omega Cabinets, Ltd. 401(k) will be credited to the Participant’s Company Matching Account, each transferred Participant’s profit sharing account under the Omega Cabinets, Ltd. 401(k) will be credited to the Participant’s
Profit Sharing Account and each transferred Participant’s rollover contribution account under the Omega Cabinets, Ltd. 401(k) will be credited to the Participant’s Rollover Account. Section 3.01(b) shall not be applicable to Covered
Employees hired by Omega Cabinets, Ltd. prior to July 1, 2004, and the election by such Covered Employees to defer a percentage of Compensation to the Omega Cabinets, Ltd. 401(k) Plan (or failure to participate) shall be recognized as an
election with respect to Tax Deferred Contributions under this Plan until changed by the Covered Employee. Designation of a beneficiary under the Omega Cabinets, Ltd. 401(k) Plan by a Covered Employee of Omega Cabinets, Ltd. shall be recognized as a
Beneficiary designation under this Plan until changed by the Covered Employee in accordance with Section 7.04 of the Plan. Each Covered Employee who is an Employee of Omega Cabinets, Ltd. on June 30, 2004, and is not a participant in the
Omega Cabinets, Ltd. 401(k) Plan will be eligible to have Tax Deferred Contributions made on his behalf in accordance with Section 3.01 on the earlier of (1) the date he is employed in a position where he is regularly scheduled to work at
least 20 hours per week, and (2) upon the first Entry Date following completion of six months of eligibility service, as defined in the Omega Cabinets, Ltd. 401(k) Plan. 
 Transitional Provision for Employees of Capital Cabinet Corporation. Notwithstanding any other provision of this Plan to the contrary, a Covered
Employee of Capital Cabinet Corporation who was a participant in the Capital Cabinet Corp. 401(k) Profit 
  

 A-1 

 Sharing Plan as of December 6, 2004, will participate in this Plan on December 7, 2004. To the extent that this
Plan accepts a transfer of assets and liabilities from the Capital Cabinet Corp. 401(k) Profit Sharing Plan, each transferred Participant’s elective contribution account under the Capital Cabinet Corp. 401(k) Profit Sharing Plan will be
credited to the Participant’s Tax Deferred Account, each transferred Participant’s matching contribution account under the Capital Cabinet Corp. 401(k) Profit Sharing Plan will be credited to the Participant’s Company Matching
Account, and each transferred Participant’s rollover contribution account under the Capital Cabinet Corp. 401(k) Profit Sharing Plan will be credited to the Participant’s Rollover Account. Section 3.01(b) shall not be applicable to
Covered Employees hired by Capital Cabinet Corporation prior to October 2, 2004, and the election by such Covered Employees to defer a percentage of pre-tax compensation to the Capital Cabinet Corp. 401(k) Profit Sharing Plan (or failure to
participate) shall be recognized as an election with respect to Tax Deferred Contributions under this Plan until changed by the Covered Employee, except that an election under the Capital Cabinet Corp. 401(k) Profit Sharing Plan shall be
automatically reduced as necessary to comply with Plan Tax Deferred Contribution maximums pursuant to Section 3.01(a). Designation of a beneficiary under the Capital Cabinet Corp. 401(k) Profit Sharing Plan by a Covered Employee of Capital
Cabinet Corporation shall be recognized as a Beneficiary designation under this Plan until changed by the Covered Employee in accordance with Section 7.04 of the Plan. Each individual who is a Covered Employee of Capital Cabinet Corporation on
December 7, 2004, and who is not a participant in the Capital Cabinet Corp. 401(k) Profit Sharing Plan will be eligible to have Tax Deferred Contributions made on his behalf in accordance with Section 3.01 on the earlier of (1) the
date he is employed in a position where he is regularly scheduled to work at least 20 hours per week, and (2) upon the first Entry Date following completion of a Year of Eligibility Service, provided that, for purposes of determining a Year of
Eligibility Service, each such Covered Employee’s service under the Capital Cabinet Corp. 401(k) Profit Sharing Plan will be converted to Hours of Service in accordance with Department of Labor and Internal Revenue Service regulations. Each
Participant who was a participant in the Capital Cabinet Corp. 401(k) Profit Sharing Plan prior to December 7, 2004 will be subject to the vesting schedule in Section 6.02 of the Plan. For purposes of determining Vesting Service, each
Participant will be credited with the number of years of vesting service credited under the Capital Cabinet Corp. 401(k) Profit Sharing Plan as of December 31, 2003, plus the greater of either (i) the credit the Covered Employee would
receive under the elapsed time method for the period beginning January 1, 2004, and ending December 31, 2004, or (ii) the service the Covered Employee would have received under the Hours of Service method as December 7, 2004.

 Spin-off of ACCO. Pursuant to the Distribution Agreement, dated March 15, 2005, as amended, by and between Fortune Brands,
Inc. and ACCO World Corporation (the ‘Distribution Agreement’), Fortune will distribute its shares of ACCO World Corporation to Fortune shareholders. The assets and liabilities of the Plan attributable to all Employees, and former
Employees of ACCO or any of its subsidiaries (and their and Beneficiaries) (‘ACCO Transferees’) will be transferred to a new defined contribution plan established by ACCO World Corporation as soon as practicable following the Time of
Distribution (as defined in the Distribution Agreement). Notwithstanding the foregoing, any former Employee of ACCO or one of its subsidiaries who subsequently transferred to another Participating Employer will not be treated as an ACCO Transferee.
The transfer of assets and liabilities pursuant to this paragraph shall comply with the requirements of Section 414(1) of the Code. 
  

 87 

 Transitional Provision for Employees of Therma-Tru Corp. Notwithstanding any other provision of
this Plan to the contrary, a Covered Employee of Therma-Tru Corp. who was a participant in the Therma-Tru 401(k) Retirement Savings Plan as of August 31, 2005, will participate in this Plan on September 1, 2005, and will be credited with
Hours of Service and periods of employment with Therma-Tru Corp. prior to the date that it became a Related Employer in determining a Year of Eligibility Service. To the extent that this Plan accepts a transfer of assets and liabilities from the
Therma-Tru 401(k) Retirement Savings Plan, the portion of each transferred Participant’s account attributable to elective contributions under Section 4.2 of the Therma-Tru 401(k) Retirement Savings Plan will be credited to the
Participant’s Tax Deferred Account, the portion of each transferred Participant’s account attributable to after-tax contributions under Section 4.12 of the Therma-Tru 401(k) Retirement Savings Plan will be credited to the
Participant’s After-Tax Account, the portion of each transferred Participant’s account attributable to safe harbor employer nonelective contributions under Section 4.1(b) of the Therma-Tru 401(k) Retirement Savings Plan will be
credited to the Participant’s Therma-Tru Qualified Nonelective Account, the portion of each transferred Participant’s account attributable to amounts transferred from the Therma-Tru Corp. Western Operations Hourly Employees’
Retirement Plan to the Therma-Tru 401(k) Retirement Savings Plan will be credited to the Participant’s Therma-Tru Money Purchase Account, the portion of each transferred Participant’s account attributable to employer contributions to a
prior plan, which merged into the Therma-Tru 401(k) Retirement Savings Plan, will be credited to the Participant’s Therma-Tru Prior Employer Account, the portion of each transferred Participant’s account attributable to post-2001 employer
matching contributions to the Therma-Tru 401(k) Retirement Savings Plan will be credited to the Participant’s Therma-Tru Post-2001 Employer Matching Account, the portion of each transferred Participant’s account attributable to profit
sharing contributions to a prior plan, which merged into the Therma-Tru 401(k) Retirement Savings Plan, will be credited to the Participant’s Therma-Tru Profit Sharing Account, and the portion of each transferred Participant’s account
attributable to rollover contributions under Section 4.11 of the Therma-Tru 401(k) Retirement Savings Plan will be credited to the Participant’s Rollover Account. Section 3.01(b) shall not apply to Covered Employees hired by
Therma-Tru Corp. prior to September 1, 2005, and the election by such Covered Employees to defer a percentage of pre-tax compensation to the Therma-Tru 401(k) Retirement Savings Plan (or not to participate) shall be recognized as an election
with respect to Tax Deferred Contributions under this Plan until changed by the Covered Employee, except that an election under the Therma-Tru 401(k) Retirement Savings Plan shall be automatically reduced as necessary to comply with the maximum Tax
Deferred Contributions and After-Tax Contributions pursuant to Section 3.01(a). Designation of a beneficiary under the Therma-Tru 401(k) Retirement Savings Plan by a Covered Employee of Therma-Tru Corp. shall be recognized as a Beneficiary
designation under this Plan until changed by the Covered Employee in accordance with Section 7.04 of the Plan. The limitations on the number of loans in Section 9.01 and the length of a home loan in Section 9.04 shall not apply to
Plan loans for Employees of Therma-Tru Corp. that originated prior to September 1, 2005. Each individual who is a Covered Employee of Therma-Tru Corp. on September 1, 2005, and who is not a participant in the Therma-Tru 401(k) Retirement
Savings Plan will be eligible to have Tax Deferred Contributions made on his behalf in accordance with Section 3.01 on the earlier of (1) the date he is employed in a position where he is regularly scheduled to work at least 20 hours per
week, and (2) the first Entry Date following completion of a Year of Eligibility Service. 
  

 88Fortune Brands Retirement Savings Plan

 Exhibit 10.1 
 FORTUNE BRANDS RETIREMENT SAVINGS PLAN 
 (Amended and Restated 
 Effective as of October 1, 1999) 
 Working
Copy to Include First Amendment 
 through Twenty-first Amendment 

 FORTUNE BRANDS RETIREMENT SAVINGS PLAN 
 INTRODUCTION 
 The Defined Contribution Plan of Fortune Brands, Inc. and Participating
Operating Companies was established effective as of January 1, 1996, as an amendment, restatement and continuation of the Profit-Sharing Plan of Fortune Brands, Inc., the ACCO World Corporation Profit-Sharing Plan, the Acushnet Company Employee
Savings Plan, the Day-Timers, Inc. Profit-Sharing and Employee Savings Plan, the Jim Beam Brands Co. Profit-Sharing and 401(k) Savings Plan and the MasterBrand Industries, Inc. Employee Savings Plan (each a ‘Prior Plan). Effective as of
October 1, 1999, the Plan was amended and restated in its entirety and renamed the Fortune Brands Retirement Savings Plan. 
 On and
after April 1, 2006, a portion of the Plan is designed to invest primarily in Fortune Common Stock through investment in the Fortune Stock Fund, and is intended to satisfy the requirements of a non-leveraged employee stock ownership plan set
forth in Sections 401(a), 409, and 4975(e) of the Internal Revenue Code (the “ESOP”). The remaining portion of the Plan is a profit sharing plan intended to satisfy all requirements of Section 401(a) of the Code and includes a cash or
deferred arrangement intended to satisfy the requirements of Section 401(k) of the Code (the “Non-ESOP”). The ESOP portion of the Plan shall consist of all amounts credited to Participants’ Accounts that are invested in the
Fortune Stock Fund. The Non-ESOP portion of the Plan shall consist of all amounts credited to Participants’ Accounts that are not invested in the Fortune Stock Fund. The Committee shall maintain such Accounts and subaccounts as are deemed
necessary or appropriate to reflect the value of Participants’ Accounts in the ESOP portion of the Plan and the Non-ESOP portion of the Plan. 
 ARTICLE I 
 DEFINITIONS 
 1.01 The following words and phrases have the respective meanings stated below unless a different meaning is plainly required by the context: 
 (a) “ACCO Common Stock” means the common stock of ACCO Brands Corporation as now constituted and any other common stock into which it may be reclassified. 
 (b) “ACCO Spin-Off” means the distribution of ACCO Common Stock by Fortune to its stockholders. 
 (c) “ACCO Stock Fund” means the portion of the Trust Fund so designated and provided for in Section 6.01.

 (d) “Account(s)” means the Profit-Sharing Account, Tax Deferred Account, Company Matching Account,
Rollover Account, After-Tax Account, Grandfathered Withdrawal Account, Grandfathered After-Tax Account, Catch-Up Account, After-Tax Rollover Account, CSI Donner Account, Therma-Tru and Beam Wine Estates Qualified 

 
Nonelective Account, Therma-Tru Prior Employer Account, and Therma-Tru Profit Sharing Account, Future Brands Account, Therma-Tru Money Purchase Account, and
Wines Matching Account so designated and provided for in Section 6.01. 
 (e) “Account Balance(s)”
means, for each Participant, former Participant or Beneficiary, the total balance standing to his Account or Accounts on the date of reference determined in accordance with valuation procedures described in Article VI. Any Account Balances held in
the Fortune Stock Fund, the Gallaher Fund or the ACCO Stock Fund are represented by units standing to the credit of Account Balances in such funds. 
 (f) “Acushnet Participating Employer” means Acushnet Company, and any other Related Employer that is a direct or indirect subsidiary of Acushnet Company and which, with the approval of the board of
directors of Acushnet Company, adopts this Plan for the benefit of its employees, according to a resolution of the board of directors or equivalent authority of such Related Employer, considered severally. 
 (g) “ADRs” means American Depositary Receipts. 
 (h) “After-Tax Account” means any one of the accounts so designated and provided for in Section 6.01. 
 (i) “After-Tax Contributions” means any contributions made by a Participating Employer that are attributable to the
reduction in compensation on an after-tax basis that a Participant elects from such Participating Employer each Plan Year as described in Section 4.01. 
 (j) “After-Tax Rollover Account” means any one of the accounts so designated and provided for in Section 6.01.

 (k) “After-Tax Rollover Contributions” means amounts of after-tax contributions attributable to part or
all of an “eligible rollover distribution” (within the meaning of Code Section 402(c)(4) and the Treasury Regulations thereunder) transferred to this Plan pursuant to Section 4.03 as the result of the distribution of a
Participant’s account under another eligible retirement plan as described in Section 4.03. 
 (l) “Alternate
Payee” means any spouse, former spouse, child or other dependent of a Participant who is recognized by a Qualified Domestic Relations Order as having a right to receive all or a portion of a Participant’s benefits payable under the
Plan. 
 (m) “Approved Form of Election” means a request or an election made through the voice response
system, Internet, intranet or other electronic media approved by the Committee or on a written election form 

  

 2 

 
filed with the Participating Employer on a form approved by the Committee. Notwithstanding the foregoing, no request or election will be deemed to have been
made until all required documentation, information, signatures, consents, notarizations and attestations required for such request or election are provided to the Committee or its designee. 
 (n) “Approved Leave of Absence” means an absence from work approved by the Participating Employer under uniform rules and
conditions for all Employees of such Participating Employer. In all events an Approved Leave of Absence by reason of service in the armed forces of the United States will end no later than the time at which a Participant’s reemployment rights
as a member of the armed forces cease to be protected by law. 
 (o) ‘Beam Participating Employer’ means Beam
Global Spirits & Wine, Inc., Jim Beam Brands Co., Peak Wines International, Inc., Makers Mark Distillery, Inc., Beam Wine Estates, Inc., and any other Related Employer that is a direct or indirect subsidiary of Beam Global
Spirits & Wine, Inc. and that, with the approval of the board of directors of Beam Global Spirits & Wine, Inc., adopts this Plan for the benefit of its employees according to a resolution of the board of directors or equivalent
authority of such Related Employer, considered severally. 
 (p) Beneficiary” means the person or persons
designated by a Participant, former Participant or Beneficiary to receive any benefits under the Plan which may be due upon the Participant’s, former Participant’s or Beneficiary’s death. 
 (q) “Board of Directors” means the Board of Directors of Fortune. 
 (r) “Business Day” means any day on which the New York Stock Exchange is open. 
 (s) “Cash Option Account” means any one of the accounts so designated and provided for in Section 6.01. 

(t) “Catch-Up Account” means any one of the accounts so designated and provided for in Section 6.01. 

(u) “Close of Business” means the normal closing time of the New York Stock Exchange or such other time as is
designated by the Committee. 
 (v) “Code” means the Internal Revenue Code of 1986, as amended from time to
time. 
  

 3 

 (w) “Committee” means the Corporate Employee Benefits Committee provided
for in Article XI. 
 (x) “Company Matching Account” means any one of the accounts so designated and provided
for in Section 6.01. 
 (y) “Company Matching Contributions” means any contributions made to the Company
Matching Account of a Participant by a Participating Employer as provided for in Section 4.02. 
 (y1) “CSI
Donner Account” means any of the accounts so designated and provided for in Section 6.01. 
 (z) “Date
of Employment” means the first day an Employee performs an Hour of Service. 
 (aa) “Disability”
means a physical or mental condition of a Participant which renders him permanently incapable of continuing any employment for wage or profit and for which such Participant receives Social Security disability benefits. Proof of receipt by the
Participating Employer of Social Security disability benefits will be required. 
 (bb) “Effective Date”
means January 1, 1996. 
 (cc) “Employee” means any person employed by a Participating Employer on a
salaried, hourly paid or commission basis and paid on such Participating Employer’s U.S. payroll, excluding any person classified by the Participating Employer as an independent contractor; provided that with respect to persons employed by a
Home & Hardware Participating Employer, Employee means any person who is receiving remuneration for personal services rendered to a Home & Hardware Participating Employer, and who is employed in (1) an executive or managerial
position, (2) an office in a technical, professional, administrative or clerical position, (3) a sales position, (4) a sales position with Capital Cabinet Corporation and who is compensated on a commission basis, or (5) a piece
worker position for Capital Cabinet Corporation. In no event will an individual be an “Employee” under this Section 1.01(cc) for a Plan Year unless the individual is treated by a Participating Employer for such Plan Year as its
employee for purposes of employment taxes and wage withholding regardless of any subsequent reclassification by the Participating Employer, any governmental agency or court. 
 (dd) “Entry Date” means the first day of any calendar month. 
 (ee) “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time. 
  

 4 

 (ee1) “ESOP” means the portion of the Plan that is designed to invest
primarily in Fortune Common Stock through investment in the Fortune Stock Fund, and is intended to satisfy the requirements of a non-leveraged employee stock ownership plan set forth in Code Sections 401(a), 409, and 4975(e). The ESOP consists of
all amounts credited to Participants’ Accounts that are invested in the Fortune Stock Fund. 
 (ff) “Fair Market
Value” on any date means the value reported by the Trustee as being the fair market value at such date as determined by it according to its usual methods and procedures. 
 (gg) “Fiduciaries” means Fortune, each other Participating Employer, the Board of Directors and the board of directors of
each other Participating Employer, the Committee, the Trusts Investment Committee and the Trustee, but only with respect to the specific responsibilities of each as described in Articles XI and XII. The term “Fiduciaries” also includes any
Participant, former Participant or Beneficiary, but only to the extent such Participant, former Participant or Beneficiary is acting as a named fiduciary (within the meaning of Section 403(a)(1) of ERISA) with respect to the exercise of voting
rights of shares of Fortune Common Stock held in the Fortune Stock Fund, shares of ACCO Common Stock held in the ACCO Stock Fund, or Gallaher ADRs held in the Gallaher Fund or the tender, deposit, sale, exchange or transfer of such shares or ADRs
(and any rights within the meaning of Section 5.31(a)) as provided in Section 5.21 and Section 5.31. 
 (hh)
“Forfeiture” means the portion of a Participant’s Account Balances to which he is not entitled at the termination of his employment as determined in Section 7.05. 
 (ii) “Fortune” means Fortune Brands, Inc., a Delaware corporation, its successors and assigns. 
 (jj) “Fortune Common Stock” means the common stock of Fortune as now constituted and any other common stock into which it
may be reclassified. Fortune Common Stock is readily tradable on an established securities market and meets the definition of an “employer security” under Code Section 409(l). 
 (kk) “Fortune Stock Fund” means the portion of the Trust Fund so designated and provided for in Section 5.01 and
which fund is primarily invested in Fortune Common Stock. 
 (kk1) “Future Brands Account” means any one of
the accounts so designated and provided for in Section 6.01. 
  

 5 

 (ll) “Gallaher” means Gallaher Group Plc, a public limited company
incorporated under the laws of England and Wales. 
 (mm) “Gallaher Fund” means the portion of the Trust Fund
so designated and provided for in Section 5.01. 
 (nn) “Gallaher Spin-Off” means the distribution of
Gallaher ADRs by Fortune to its stockholders. 
 (oo) “Grandfathered After-Tax Account” means any one of the
accounts so designated and provided for in Section 6.01. 
 (pp) “Grandfathered Withdrawal Account”
means any one of the accounts so designated and provided for in Section 6.01. 
 (qq) “Highly Compensated
Employee” means for a Plan Year beginning after December 31, 1996 any employee who: 
 (1) was at any time
during the Plan Year or preceding Plan Year a 5% owner (within the meaning of Code Section 416(i)(1)) of any Related Employer; or 
 (2) received compensation for the preceding Plan Year from any Related Employer in excess of $80,000. 
 The
$80,000 amount will be adjusted at the same time and in the same manner as under Code Section 415(d), except that the base period is the calendar quarter ended September 30, 1996. 
 A former Employee will be treated as a Highly Compensated Employee if such Employee was a Highly Compensated Employee when such Employee incurred
Severance From Service or if such Employee was a Highly Compensated Employee at any time after attaining age 55. 
 (rr)
“Home & Hardware Participating Employer” means Fortune Brands Home & Hardware, Inc., MasterBrand Cabinets, Inc., Master Lock Company, Moen Incorporated, Waterloo Industries, Inc., Omega Cabinets, Ltd., , Capital
Cabinet Corporation, Kitchen Craft of Canada, and Therma-Tru Corp. and any other Related Employer that is a direct or indirect subsidiary of Fortune Brands Home & Hardware, Inc. and which, with the approval of the board of directors of
Fortune Brands Home & Hardware, Inc., adopts this Plan for the benefit of its employees, according to a resolution of the board of directors or equivalent authority of such Related Employer, considered severally. 
  

 6 

 (ss) “Hour of Service” means: 
 (1) each hour for which an Employee is paid or entitled to payment for the performance of duties for a Participating Employer or
Non-Participating Employer. These hours will be credited to the Employee for the computation period or periods in which the duties are performed; 
 (2) each hour for which an Employee is paid or entitled to payment by a Participating Employer or Non-Participating Employer on account of a period of time during which no duties are performed (irrespective of whether
the employment relationship has terminated) due to vacation, holiday, illness, incapacity (including disability), layoff, jury duty, military duty or leave of absence. No more than 501 Hours of Service will be credited under this paragraph for any
single continuous period (whether or not such period occurs in a single computation period). Hours under this paragraph will be calculated and credited pursuant to Section 2530.200b 2 of the Department of Labor Regulations, which are
incorporated herein by reference; and 
 (3) each hour for which back pay, irrespective of mitigation of damages, is either
awarded or agreed to by a Participating Employer or Non-Participating Employer. The same Hours of Service will not be credited under paragraph (1) or paragraph (2) and under this paragraph (3). These hours will be credited to the
computation period or periods to which the award or agreement pertains rather than the computation period in which the award, agreement or payment is made. 
 (tt) “Investment Fund(s)” means the funds listed in Section 5.01(a) and the Loan Fund held under the Trust Fund. 
 (uu) “Investment Manager” means one or more investment counsel appointed as provided in Section 12.04. 

(vv) “Leased Employee” means, for Plan Years beginning after December 31, 1996, any person who is not a
Participant and who provides services to a Participating Employer pursuant to an agreement between the Participating Employer and any other person (leasing organization) and has performed such services on a substantially full-time basis for at least
a year primarily under the direction or control of the Participating Employer. A Leased Employee will be deemed an Employee for purposes of crediting Vesting Service and Years of Eligibility Service, but will not be eligible for benefits under the
Plan unless he otherwise satisfies the criteria for eligibility under Section 2.01 as an Employee. 
 (ww) “Loan
Fund” means the portion of the Trust Fund so designated and provided for in Section 5.01. 
  

 7 

 (ww1) “Non-ESOP” means the portion of the Plan that constitutes a profit
sharing plan intended to satisfy all requirements of Code Section 401(a) and includes a cash or deferred arrangement intended to satisfy the requirements of Code Section 401(k). The Non-ESOP consists of all amounts credited to
Participants’ Accounts that are not invested in the Fortune Stock Fund. 
 (xx) “Non-Participating
Employer” means any Related Employer which is not a Participating Employer. 
 (yy) “Normal Retirement
Age” means age 65. 
 (zz) “Participant” means an Employee who meets the requirements of
participation in the Plan as provided in Article II and who continues to qualify for participation. 
 (aaa)
“Participating Employer” means Fortune and each Acushnet Participating Employer, Beam Participating Employer and Home & Hardware Participating Employer and each other Related Employer designated to participate in the Plan
as herein provided, considered severally. 
 (bbb) “Plan” means the Fortune Brands Retirement Savings Plan.

 (ccc) “Plan Administrator” means Fortune. 
 (ddd) “Plan Year” means the calendar year. 
 (eee) “Prior Plan” means, where applicable, the (1) Profit-Sharing Plan of Fortune Brands, Inc., (2) Acushnet
Company Employee Savings Plan, (3) Jim Beam Brands Co. Profit-Sharing and 401(k) Savings Plan and (5) MasterBrand Industries, Inc. Employee Savings Plan, as in existence on December 31, 1995 and any of their respective predecessor
plans. ‘Prior Plan’ also includes the CSI Donner 401(k) Retirement Plan, the Cobra Golf Incorporated 401(k) Plan, the Wild Horse Winery 401(k) Plan, the Omega Cabinets, Ltd. 401(k) Plan, the Capital Cabinet Corp. 401(k) Profit Sharing
Plan, and the Therma-Tru 401(k) Retirement Savings Plan. 
 (fff) “Profit-Sharing Account” means any one of
the accounts so designated and provided for in Section 6.01. 
 (ggg) “Profit-Sharing Contributions”
means the contributions made by a Participating Employer as provided in Article III. 
 (hhh) “Qualified Domestic
Relations Order” means any “domestic relations order” (as defined in Code Section 414(p)) that creates, recognizes or assigns to an Alternate Payee the right to receive all or a portion of a Participant’s benefits
payable hereunder and that meets the requirements of Code Section 414(p), as determined by the Committee. 
  

 8 

 (iii) “Related Employer” means any corporation or other business entity
which is included in a controlled group of corporations within which Fortune is also included, as provided in Code Section 414(b) (as modified for purposes of Sections 6.04 and 6.05 of this Plan by Code Section 415(h)), or which is a trade
or business under common control with Fortune, as provided in Code Section 414(c) (as modified, for purposes of Sections 6.04 and 6.05, by Code Section 415(h)), or which constitutes a member of an affiliated service group within which
Fortune is also included, as provided in Code Section 414(m), or which is required to be aggregated with Fortune pursuant to regulations issued under Code Section 414(o). 
 (jjj) “Restatement Date” means October 1, 1999. 
 (kkk) “Retirement” means retirement under a retirement plan of a Participating Employer or Non-Participating Employer.

 (lll) “Rollover Account” means any of the accounts so designated and provided for in Section 6.01(f).

 (mmm) “Rollover Contributions” means amounts (other than after-tax contributions) attributable to part or
all of an ‘eligible rollover distribution’ (within the meaning of Code Section 402(c)(4) and the Treasury Regulations thereunder) transferred to this Plan pursuant to Section 4.03 as the result of the distribution of a
Participant’s account under another eligible retirement plan as described in Section 4.03. 
 (nnn)
“Severance From Service” means the earlier of the following dates: 
 (1) the date on which a Participant
terminates employment with all Related Employers, is discharged, retires or dies; or 
 (2) the first anniversary of the
first day of a period in which an Employee remains absent from service (with or without pay) with all Related Employers for any reason other than one listed in paragraph (1). If such Employee is on an Approved Leave of Absence on such first
anniversary, he will be deemed to have incurred a Severance From Service on the expiration of such Approved Leave of Absence, unless he returns to active employment with a Related Employer on or before that date. Notwithstanding anything herein to
the contrary, an Employee will not incur a Severance From Service due to an absence for maternity or paternity reasons until the second anniversary of the first date of such absence. For purposes of this paragraph, an absence from work for maternity
or paternity reasons means an absence: 
 (A) by reason of the pregnancy of the individual; 
  

 9 

 (B) by reason of a birth of a child of the individual; 
 (C) by reason of the placement of a child with the individual in connection with the adoption of such child by such individual; or

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

 The Employee will be required to furnish the Committee with such timely information as the Committee may reasonably require to establish
both that the absence from work is for maternity or paternity reasons and the number of days for which there was such an absence. 
 A
transfer from employment with one Related Employer to another Related Employer or a change in status from Employee to Leased Employee will not be considered a Severance From Service. 
 (ooo) “Tax Deferred Account” means any one of the accounts so designated and provided for in Section 6.01.

 (ppp) “Tax Deferred Contributions” means any contributions made by a Participating Employer that are
attributable to the reduction in compensation on a pre-tax basis a Participant agrees to accept from such Participating Employer each Plan Year as described in Section 4.01. 
 (qqq) “Termination of Employment Without Fault” means any involuntary separation of a Participant by a Participating
Employer or Non-Participating Employer other than by reason of Retirement, Disability, failure to maintain work standards, dishonesty or other misconduct prejudicial to the Participating Employer or Non-Participating Employer by which the
Participant is employed, absence without prescribed notice, or refusal to return from layoff or Approved Leave of Absence within the prescribed period; provided, however, that no temporary or seasonal employee who first becomes a Participant on or
after August 1, 1996 will be immediately fully vested in his Account Balances solely as a result of Termination of Employment Without Fault. 
  

 10 

 (qqql) ‘Therma-Tru Money Purchase Account’ means any of the accounts so
designated and provided for in Section 6.01. 
 (qqq2) ‘Therma-Tru and Beam Wine Estates Qualified Nonelective
Account’ means any of the accounts so designated and provided for in Section 6.01. 
 (qqq3) ‘Therma-Tru
Qualified Nonelective Contributions’ means any contributions made by Therma-Tru Corp. to an eligible Participant’s Therma-Tru and Beam Wine Estates Qualified Nonelective Account as provided for in Section 4.02A. 
 (qqq4) ‘Therma-Tru Prior Employer Account’ means any of the accounts so designated and provided for in Section 6.01.

 (qqq5) ‘Therma-Tru Profit-Sharing Account’ means any of the accounts so designated and provided for in
Section 6.01. 
 (rrr) “Trust Agreement” and “Trust” mean, respectively, the Fortune
Brands, Inc. Savings Plans Master Trust Agreement, as it may be amended from time to time, and the trust established thereunder. 
 (sss) “Trustee” means the trustee from time to time acting under the Trust Agreement, including any successor trustee. 
 (ttt) “Trust Fund” means all money, securities and other property held under the Trust Agreement for the purposes of the Plan, together with the income therefrom. 
 (uuu) “Trusts Investment Committee” means the Trusts Investment Committee of Fortune. 
 (vvv) “Vesting Service” means a Participant’s credit for purposes of determining his right to a nonforfeitable
benefit under the Plan, as determined in accordance with Article VII. Vesting Service means service as an Employee with a Participating Employer or any Related Employer, determined as follows: 
 (1) Vesting Service will be determined from the Participant’s Date of Employment or reemployment in completed full years and
fractions of years in excess of completed full years, each 12 months of employment constituting a full year of Vesting Service, and each 30 days of employment completed in excess of full years of Vesting Service counted as 1/12th of a year of
Vesting Service. 
 (2) Subject to paragraph (3) below, each Employee will be credited with Vesting Service during any
period of employment with a Participating Employer or any Related Employer, extending to the date he incurs a Severance From Service. 
  

 11 

 (3) Notwithstanding any other provision of the Plan to the contrary, if a Participant
incurs a Severance From Service and is subsequently reemployed by a Participating Employer or a Related Employer, his Vesting Service will be reinstated, as follows: 
 (A) if the Employee is reemployed within 12 months after the date he is first absent from active employment, the Vesting Service he had
at the date he is first absent from active employment will be reinstated upon his reemployment, and he will receive credit for Vesting Service for the period between the date he is first absent from active employment and the date of his
reemployment; or 
 (B) if the Employee is reemployed after 12 months have elapsed from the date he is first absent from
active employment, the Vesting Service he had at the date he is first absent from active employment will be reinstated upon his reemployment, but he will not receive credit for Vesting Service for the period between the date he is first absent from
active employment and the date of his reemployment. 
 Notwithstanding the foregoing, the Vesting Service of each Participant for the period
prior to January 1, 1996 will not be less than as determined under the provisions of the applicable Prior Plan. 
 (www)
“Wild Horse Matching Account” means any one of the accounts so designated and provided for in Section 6.01. 
 (www1) “Wines Matching Account” means any one of the accounts so designated and provided for in Section 6.01. 
 (xxx) “Year of Eligibility Service” means any consecutive 12-month period of employment, as herein set forth, during which an Employee completes 1,000 or more Hours of Service. The first consecutive
12-month period to be taken into account for this purpose will be the consecutive 12-month period commencing with the Employee’s Date of Employment or the Employee’s date of reemployment. The second consecutive 12-month period to be taken
into account for this purpose will be the Plan Year which includes the first anniversary of the 

  

 12 

 
Employee’s Date of Employment or the Employee’s date of reemployment. All subsequent 12-month periods to be taken into account for this purpose
will correspond with Plan Years. 
 ARTICLE II 
 ELIGIBILITY AND PARTICIPATION 
 2.01 Eligibility. 
 (a) Participation Prior to Restatement Date. Each Employee who was a Participant on the day prior to the Restatement Date will
continue to be a Participant on the Restatement Date, provided he remains an Employee. 
 (b) Participation in
Profit-Sharing. 
 (1) Each Employee of Fortune who was not a Participant on the day prior to the Restatement Date will
become a participant for purposes of Article III on the earlier of (1) the date he is employed in a position where he is regularly scheduled to work at least 20 hours per week (provided such date is on or after October 1, 1999), and
(2) the date on which he completes at least one Year of Eligibility Service, in each case provided he is an Employee on that date. 
 (2) Each Employee of a Beam Participating Employer will become a Participant for purposes of Article III on the earlier of (1) the date he or she is employed in a position where he or she is regularly scheduled
to work at least 20 hours per week, provided that such Employee will not become a Participant in a Plan Year unless he or she becomes employed in such position prior to October 1 of the Plan Year, and (2) the first Entry Date coincident
with or next following the date on which he or she completes at least one Year of Eligibility Service, in each case provided he or she is an Employee on that date. Notwithstanding the foregoing, on and after January 1, 2006, each Employee of a
Beam Participating Employer who was not a Participant prior to that date and who is classified as a “Full-Time Temporary” Employee on such Beam Participating Employer’s U.S. payroll will be ineligible to have Profit Sharing
Contributions made on his behalf in accordance with Article III until the first Entry Date coincident with or next following the date on which he completes one Year of Eligibility Service. 
 (3) Each Employee of Therma-Tru Corp. (other than a commissioned sales Employee) who was not a Participant on September 1, 2005 will
become a Participant for purposes of Article III on the earlier of (1) the date he is employed in a position where he is regularly scheduled to work at least 20 hours per week, and (2) the first 

  

 13 

 
Entry Date coincident with or next succeeding the date on which he completes at least one Year of Eligibility Service, in each case provided he is an
Employee (other than a commissioned sales Employee) on that date. Each commissioned sales Employee will become a Participant for purposes of Profit Sharing Contributions on the later of January 1, 2006 or the completion of the requirements in
the previous sentence. 
 (c) Participation in 401(k) Savings. Each Employee who was not a Participant on the day
prior to the Restatement Date will be eligible to have Tax Deferred Contributions made on his behalf in accordance with Article IV on the earlier of (1) the date he is employed in a position where he is regularly scheduled to work at least 20
hours per week (provided such date is on or after October 1, 1999), and (2) the first Entry Date coincident with or next succeeding the date on which he completes at least one Year of Eligibility Service, in each case provided he is an
Employee on that date. Notwithstanding the foregoing, on and after January 1, 2006, each Employee of a Beam Participating Employer who was not a Participant prior to that date and who is classified as a “Full-Time Temporary” Employee
on such Beam Participating Employer’s U.S. payroll will be ineligible to have Tax Deferred Contributions made on his behalf in accordance with Article IV until the first Entry Date coincident with or next following the date on which he
completes one Year of Eligibility Service. 
 (d) Collective Bargaining Employees. An Employee covered under a
collective bargaining agreement will not become a Participant unless the collective bargaining agreement provides for coverage under the Plan. Each person who ceases to be covered under a collective bargaining agreement but continues as an Employee
of Fortune or a Beam Participating Employer will become a Participant in the Plan for purposes of Article III on the later of (1) the applicable date determined in Section 2.01(b), and (2) the date he ceases to be covered under a
collective bargaining agreement, in each case provided he is an Employee on that date. Each person who ceases to be covered under a collective bargaining agreement but continues as an Employee will become a Participant in the Plan for purposes of
Article IV on the later of (1) the date determined in Section 2.01(c) above, and (2) the date he ceases to be covered under a collective bargaining agreement, in each case provided he is an Employee on that date. 
 2.02 Transfers From Non-Participating Employers. Each person who becomes an Employee of Fortune or a Beam Participating Employer or Therma-Tru
Corp. upon transfer from a Non-Participating Employer will become a Participant for purposes of Article III on the later of (1) the applicable date determined in Section 2.01(b) above, and (2) the date of his transfer, in each case
provided he is an Employee on that date. Each person who becomes an Employee of a Participating Employer upon transfer from a Non-Participating Employer will become a Participant in the Plan for purposes of Article IV on the later of (1) the
date determined in Section 2.01(c) above, and (2) the date of his transfer, in each case provided he is an Employee on that date. 
  

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 2.03 Plan-to-Plan Transfers. If an individual who is participating in another plan within the
Trust (the “Transferor Plan”) becomes eligible to participate in this Plan due to a change in job position, the Trustee will transfer his account balance under the Transferor Plan into this Plan, and all salary reduction agreements and
investment elections will remain the same as the elections under the Transferor Plan immediately prior to such transfer. This automatic plan-to-plan transfer will occur on or about the first of the month following the quarter in which the change in
job position occurs. In the event a Participant, due to a change in job position, becomes ineligible to participate in this Plan but becomes eligible to participate in another plan within the Trust (the “Transferee Plan”), the Trustee will
cause his Account Balance to be transferred to the applicable Transferee Plan on or about the first of the month following the quarter in which the change in job position occurs. 
 2.04 Reemployment. Any Participant who terminates employment and is subsequently reemployed as an Employee will become a Participant upon his
reemployment. 
 ARTICLE III 
 PROFIT-SHARING CONTRIBUTIONS 
 3.01 Profit-Sharing Contributions of Fortune. 
 (a) Amount. The amount of Profit-Sharing Contribution, if any, for a Plan Year will be determined by the Compensation and Stock
Option Committee of Fortune, in its sole discretion, on or before the date (including extensions) for filing the Federal income tax return of Fortune for the taxable year for which the Profit-Sharing Contribution is made. Notwithstanding the
foregoing, no Profit-Sharing Contribution will be made pursuant to this Section 3.01 (a) for any Plan Year in which a cash dividend has not been paid on Fortune Common Stock. The total amount of any Profit-Sharing Contribution and Company
Matching Contributions by Fortune for any Plan Year will not exceed 3/8ths of 1% of Adjusted Income From Continuing Operations for such Plan Year. The Compensation and Stock Option Committee of Fortune may determine that no Profit-Sharing
Contribution will be made for a particular year. 
 (b) Certification of Amounts. The amount of any Profit-Sharing
Contribution under Section 3.01(a) to be paid for any Plan Year will be certified by the independent public accountants who have audited the books of Fortune for such year and will be conclusive on Fortune, the Committee, the Trustee, all
Participants and former Participants and all persons claiming through a Participant or former Participant. 
 (c) Time for
Making Profit-Sharing Contributions. Payment of the Profit-Sharing Contribution under Section 3.01(a) for any Plan Year may be made at any time and from time to time (whether before or after the 

  

 15 

 
certification referred to in Section 3.01(b)) prior to the time prescribed by law, or such time as extended, for filing Fortune’s Federal income
tax return for such Plan Year and such Profit-Sharing Contribution will accrue as of the date of such contribution. 
 (d)
Allocation to Accounts. Any Profit Sharing Contribution made by Fortune pursuant to this Section 3.01 will be allocated to the Profit-Sharing Accounts of its eligible Participants in the same proportion as the Adjusted Earnings for each
such Participant bear to the total Adjusted Earnings of all such eligible Participants for that Plan Year. 
 (e)
Eligibility for Allocation. For purposes of this Section 3.01, each Participant who is an Employee of Fortune will be entitled to an allocation of any Profit-Sharing Contribution of Fortune for a Plan Year if (1) he is an active
Employee of Fortune on the last day of the Plan Year, or (2) his employment terminated during such Plan Year due to Retirement, Disability or death. Each Participant who is an Employee of Fortune will be entitled to an allocation of any
Profit-Sharing Contribution of Fortune for the Plan Year in which he initially becomes a Participant based upon his Adjusted Earnings for the entire Plan Year. 
 (f) Excess Contribution Percentage Limitation. The Excess Contribution Percentage for any Plan Year otherwise apportionable under
this Section 3.01 and Section 6.04 to a Participant who is an Employee of Fortune will not exceed the lesser of: 
 (1) the Base Contribution Percentage multiplied by two; or 
 (2) the Base Contribution Percentage plus the greater
of 5.7% or such higher percentage equal to the portion of the rate of tax under Code Section 3111(a) attributable to old age insurance. 
 For purposes of this Section 3.01(f), the “Base Contribution Percentage” means the percentage of the Participant’s compensation allocated under the Plan on the portion of the Participant’s compensation not in
excess of the Social Security taxable wage base for such Plan Year, and the “Excess Contribution Percentage” means the percentage of the Participant’s compensation allocated under the Plan on the portion of the
Participant’s compensation in excess of the Social Security taxable wage base for such Plan Year. The amount of any such reduction will be reapportioned to each Participant in the ratio that his Unadjusted Earnings for such Plan Year bear to
the aggregate Unadjusted Earnings of all Participants employed by Fortune for that year. Any such reapportionment will apply only to Participants employed by Fortune. 
  

 16 

 (g) Definitions. For purposes of this Section 3.01 and, where applicable,
Section 3.04, the following terms have the following meaning: 
 (1) “Adjusted Earnings” means with
respect to any Participant who is an Employee of Fortune the sum of (A) the Unadjusted Earnings of the Participant in any Plan Year not in excess of the Social Security taxable wage base in effect for such Plan Year, and (B) an amount
equal to 1.5 times such Unadjusted Earnings in excess of the Social Security taxable wage base in effect for such Plan Year. 
 (2) “Adjusted Income From Continuing Operations” for any Plan Year means income from continuing operations, before income taxes, as reflected in the consolidated financial statements set forth in Fortune’s annual
report to its stockholders for such year, but adjusted by the independent accountants who have audited Fortune’s consolidated financial statements to (A) exclude the provision for the contributions under the Plan, (B) exclude
unrealized gains and losses on securities, and adjust realized gains and losses on trading securities to reflect cost, (C) exclude restructuring charges or credits, and charges for impaired assets other than those sold in the ordinary course of
business, (D) include the results of operations for such year from businesses classified as “discontinued operations” prior to the disposition dates, and (E) to the extent not adjusted pursuant to item (B), (C) or
(D) above, exclude gains or losses included in continuing operations resulting from the sale or writedown of intangible assets, land or buildings, investments in business units and securities resulting from the sale of business units.

 (3) “Unadjusted Earnings” means with respect to any Participant who is an Employee of Fortune all
earnings of the Participant in any Plan Year for service with Fortune, but limited to $200,000 (as adjusted to reflect the dollar amount applicable under Section 401(a)(17) of the Code), including overtime and extra shift pay, holiday and
vacation pay, amounts paid for periods of approved absences, back pay which has been either awarded or agreed to by Fortune, performance awards in lieu of a merit increase, plus amounts elected to be deferred by the Participant as Tax Deferred
Contributions under this Plan or as contributions under a plan established pursuant to Code Section 125 (including “deemed 125 compensation” as defined in Revenue Ruling 2002-27) or Code Section 132(f)(4), and all compensation
under the Management Incentive Plan, the Fortune Brands, Inc. Annual Executive Incentive Compensation Plan and the Performance Recognition Program paid during such Plan Year, but excluding (A) contributions (other than Tax Deferred
Contributions) or benefits under this Plan, (B) Worker’s Compensation payments, (C) amounts paid by Fortune for insurance, retirement or other benefits and bonuses, (D) special payments related to the pension plan redesign,
(E) compensation under such Management Incentive Plan, the Fortune Brands, Inc. Annual Executive Compensation Plan and Performance 

  

 17 

 
Recognition Program paid after the end of the Plan Year in which the Participant incurs a Severance From Service and (F) amounts paid to Participants in
cash to compensate for any reduction pursuant to Section 3.04(e). 
 3.02 Profit-Sharing Contributions of Beam Participating
Employers. 
 (a) Amount. The amount of Profit-Sharing Contribution, if any, for a Plan Year will be determined by
the board of directors or other governing body of each Beam Participating Employer, in its sole discretion, on or before the date (including extensions) for filing the Federal income tax return of the Beam Participating Employer for the taxable year
for which the Profit-Sharing Contribution is made. A Beam Participating Employer may determine that no Profit-Sharing Contribution will be made for a particular year. 
 In addition to any amount contributed to the Plan each Plan Year pursuant to the preceding paragraph, Peak Wines International, Inc. and Beam Wine Estates, Inc. will contribute for each eligible Participant who is an
Employee of Peak Wines International, Inc. and Beam Wine Estates, Inc., respectively, an additional Profit-Sharing Contribution (a “Special Profit-Sharing Contribution”). The Special Profit-Sharing Contribution for each eligible
Participant will be equal to 5% of the Participant’s Adjusted Earnings for such Plan Year. Peak Wines International, Inc. and Beam Wine Estates, Inc. will each make a Special Profit-Sharing Contribution to the Plan on or before the date
(including extensions) for filing their respective Federal income tax returns for the taxable year for which such contribution is made. 
 (b) Allocation to Accounts. Any Profit-Sharing Contribution (other than a Special Profit-Sharing Contribution) made by a Beam Participating Employer pursuant to this Section 3.02 will be allocated to the
Profit-Sharing Accounts of its eligible Participants in the same proportion as the Adjusted Earnings for each such Participant bears to the total Adjusted Earnings of all such eligible Participants for such Plan Year. 
 (c) Eligibility for Allocation. For purposes of this Section 3.02, each Participant who is an Employee of a Beam Participating
Employer will be entitled to an allocation of any Profit-Sharing Contribution of the Beam Participating Employer for a Plan Year only if (1) the Participant completed at least 1,000 Hours of Service in such Plan Year, and (2) the
Participant is an Employee on the last day of the Plan Year. Notwithstanding the foregoing, a Participant will be entitled to an allocation of any Profit-Sharing Contribution of a Beam Participating Employer for a Plan Year if his or her employment
terminated during such Plan Year due to Retirement, Disability, Termination of Employment Without Fault or death. In addition, a Participant will be entitled to an 

  

 18 

 
allocation of any Profit-Sharing Contribution of a Beam Participating Employer for the Plan Year in which the Participant is initially employed in a position
where he or she is regularly scheduled to work at least 20 hours per week, provided the date of employment in such position is prior to October 1 of such year, and provided further he or she is an Employee on the last day of such Plan Year.
Each Participant will be entitled to an allocation of any Profit-Sharing Contribution of a Beam Participating Employer for the Plan Year in which he or she initially becomes a Participant based upon his or her Adjusted Earnings for the entire Plan
Year; provided he or she is otherwise entitled to an allocation of such Profit-Sharing Contribution of a Beam Participating Employer for such Plan Year in accordance with this Section 3.02(c). The five employees listed on Schedule 6.13 to the
Asset Purchase Agreement dated July 22, 1998 by and between GPW Acquisition, Inc. and Geyser Peak Partners will not be entitled to an allocation of the Profit-Sharing Contribution of the Beam Participating Employers for Plan Years 1998, 1999
and 2000. 
 (d) Excess Contribution Percentage Limitation. The Excess Contribution Percentage for any Plan Year
otherwise apportionable under this Section 3.02 and Section 6.04 to a Participant who is an Employee of a Beam Participating Employer will not exceed the lesser of: 
 (1) the Base Contribution Percentage multiplied by two; or 
 (2) the Base Contribution Percentage plus the greater of 5.7% or such higher percentage equal to the portion of the rate of tax under
Code Section 3111(a) attributable to old age insurance. 
 For purposes of this Section 3.02(d), the “Base Contribution
Percentage” means the percentage of the Participant’s compensation allocated under the Plan on the portion of the Participant’s compensation not in excess of the Social Security taxable wage base for such Plan Year, and the
“Excess Contribution Percentage” means the percentage of the Participant’s compensation allocated under the Plan on the portion of the Participant’s compensation in excess of the Social Security taxable wage base for such
Plan Year. The amount of any such reduction will be reapportioned to each Participant in the ratio that his Unadjusted Earnings for such Plan Year bear to the aggregate Unadjusted Earnings of all Participants employed by such Beam Participating
Employer for that year. Any such reapportionment will apply only to Participants employed by the same Beam Participating Employer as the Participant that suffered the reduction. 
 (e) Definitions. For purposes of this Section 3.02 and, where applicable, Section 3.03, the following terms have the
following meaning: 
 (1) “Adjusted Earnings” means, with respect to any Participant who is an Employee of a
Beam Participating Employer, the 

  

 19 

 
sum of (A) the Unadjusted Earnings of the Participant in any Plan Year not in excess of the Social Security taxable wage base in effect for such Plan
Year, and (B) an amount equal to 1.5 times such Unadjusted Earnings in excess of the Social Security taxable wage base in effect for such Plan Year. 
 (2) “Unadjusted Earnings” means, with respect to any Participant who is an Employee of a Beam Participating Employer, all earnings of the Participant in any Plan Year as an Employee of the Beam
Participating Employers, but limited to $200,000 (as adjusted to reflect the dollar amount applicable under Section 401(a)(17) of the Code), including overtime, holiday and vacation pay, amounts paid for periods of approved absences and
incentive pay, back pay which has been either awarded or agreed to by the Beam Participating Employers, plus amounts elected to be contributed by the Participant under a plan established pursuant to Code Section 125 (including “deemed 125
compensation” as defined in Revenue Ruling 2002-27) or Code Section 132(f)(4) and compensation under the Beam Global Spirits & Wine, Inc. Senior Executive and Key Manager Incentive Plan and Salesmen’s Achievement Incentive
Bonus Plan, but excluding (A) all other bonuses and contributions or benefits under this Plan and taste testing payments, (B) Worker’s Compensation payments, (C) amounts paid by the Beam Participating Employers for insurance,
retirement or other benefits, and (D) all payments under the Beam Global Spirits & Wine, Inc. Senior Executive and Key Manager Incentive Plan and compensation under the Salesmen’s Achievement Incentive Bonus Plan paid after the
end of the Plan Year in which the Participant incurs a Severance From Service. 
 3.02A. Special Contribution for 2003 New Hires of Beam
Participating Employers. 
 (a) Amount. Each Beam Participating Employer will contribute under the plan an amount
equal to 1.32% of the Adjusted Earnings for 2003 of all of its Employees who are eligible under Section 3.02A(c) below. Payment of such contribution shall be made at any time prior to the time prescribed by law for filing Fortune’s Federal
income tax return for 2003 (including any extensions) and the contribution will accrue as of the date it is made. 
 (b)
Allocation to Accounts. Any contribution made pursuant to this Section 3.02A by a Beam Participating Employer will be allocated to the Profit-Sharing Accounts of eligible Participants in the same proportion as the 2003 Adjusted Earnings
for each such Participant bears to the total Adjusted Earnings of all such eligible Participants for 2003. 
 (c)
Eligibility for Allocation. For purposes of this Section 3.02A, each Participant who is an Employee of a Beam Participating 

  

 20 

 
Employer will be entitled to an allocation of the contribution pursuant to this Section 3.02A for the 2003 Plan Year only if (1) he is otherwise
eligible for the 2003 Profit Sharing Contribution made pursuant to Section 3.02 above, (2) he first became a Participant during the 2003 Plan Year, and (3) he is a non-Highly Compensated Employee. 
 (d) Excess Contribution Percentage Limitation. The Excess Contribution Percentage (as defined in Section 3.02(d)) for 2003
otherwise apportionable under this Section 3.02A and Section 6.04 to a Participant who is an Employee of a Beam Participating Employer will not exceed the lesser of: 
 (1) the Base Contribution Percentage (as defined in Section 3.02(d)) multiplied by two; or 
 (2) the Base Contribution Percentage plus the greater of 5.7% or such higher percentage equal to the portion of the rate of tax under
Code Section 3111(a) attributable to old-age insurance. 
 The amount of any such reduction will be reapportioned to each Participant who
is eligible under Section 3.02A(c) in the ratio that his Unadjusted Earnings for such Plan Year bear to the aggregate Unadjusted Earnings of all Participants who are eligible under Section 3.02A. Any such reapportionment will apply only to
Participants employed by the same Beam Participating Employer as the Participant that suffered the reduction. 
 (e)
Treatment. For purposes of other provisions of the Plan, such as Sections 3.03 through 3.06, and Articles VI, VII and VIII, the contribution described in this Section 3.02A shall be treated in the same manner as a Profit-Sharing
Contribution described in Section 3.02. 
 (f) Definitions. For purposes of this Section 3.02A, the terms
“Adjusted Earnings” and “Unadjusted Earnings” have the same meaning as set forth in Section 3.02(e). 
 3.02B.
Profit-Sharing Contributions of Therma-Tru Corp. 
 (a) Amount. The amount of Profit-Sharing Contribution, if
any, for a Plan Year will be determined by the board of directors or other governing body of Therma-Tru Corp., in its sole discretion on or before the date (including extensions) for filing the Federal income tax return of Therma-Tru Corp. for the
taxable year for which the Profit-Sharing Contribution is made. Therma-Tru Corp. may determine that no Profit-Sharing Contribution will be made for a particular year. 
 (b) Allocation to Accounts. Any Profit-Sharing Contribution made by Therma-Tru Corp. pursuant to this Section 3.02B will be
allocated to the Therma-Tru Profit-Sharing Accounts of eligible Participants in the 

  

 21 

 
same proportion as the Compensation (as defined in Section 4.01(d)(4)) for each such Participant bears to the total Compensation of all such eligible
Participants for such Plan Year. 
 (c) Eligibility for Allocation. For purposes of this Section 3.02B, each
Participant who is an Employee of Therma-Tru Corp. will be entitled to an allocation of any Profit-Sharing Contribution of Therma-Tru Corp. for a Plan Year if (I) he is an active, salaried, non-bargaining unit Employee of Therma-Tru Corp. on
the 1a~t day of the Plan Year, or (2) his employment terminated during such Plan Year due to Retirement, Disability or death. 
 (d) Definition. For purposes of this Section 3.02B and, where applicable, Section 3.03, the term “Compensation” has the same meaning as set forth in Section 4.01(d)(4). 
 3.03 Reduction of Profit-Sharing Contributions. Profit-Sharing Contributions payable pursuant to this Article III and each Participating
Employer’s shares of such contributions otherwise payable pursuant to this Article III will be subject to the following reductions. 
 (a) Reduction for Forfeitures. Profit-Sharing Contributions will be reduced by the total amounts forfeited by Plan Participants during such Plan Year pursuant to Section 7.05 minus the amounts required to
be reinstated pursuant to Section 7.06. 
 (b) Reduction for Excess Annual Additions. Profit-Sharing Contributions
will be further reduced by the amount, if any, by which the amount of the portion of the contribution of a Participating Employer otherwise apportionable to a Participant is reduced pursuant to Sections 6.04 and 6.05. 
 (c) Reduction for Annual Limitation on Compensation. Profit-Sharing Contributions will be further reduced by the amount, if any, by
which the amount of the portion of such contribution otherwise apportionable to a Participant is reduced because the Participant’s Unadjusted Earnings or Compensation, whichever is applicable, is limited to $200,000 (as adjusted to reflect the
dollar amount applicable under Section 401(a)(17) of the Code). 
 (d) Reduction for Maximum Deductible
Limitation. The Participating Employer’s Profit-Sharing Contribution for any Plan Year and the aggregate of such share and its contributions under its retirement plan for such year will in no event exceed the maximum amounts deductible from
the Participating Employer’s income for such year under Code Sections 404(a)(3) and (7) (or such other Federal income tax statutory provisions as will at the time be applicable). If such share or such 

  

 22 

 
aggregate for any Participating Employer would otherwise exceed either of the maximum deductible amounts, the contributions under this Plan for such year
will be reduced pro rata by the amount necessary to reduce such share or such aggregate to the amount deductible. 
 (e)
Reduction to Comply with Non-Discrimination and Coverage Tests. A Participating Employer may reduce the amount of any Profit-Sharing Contribution that would otherwise be allocated to Highly Compensated Employees if, and to the extent,
necessary to comply with the non-discrimination and coverage requirements of Sections 401(a)(4) and 410(b) of the Code. Any such reduction will reduce allocations made to Highly Compensated Employees but will not affect allocations to
non-Highly-Compensated Employees. 
 3.04 Cash or Property. Any Profit-Sharing Contribution made pursuant to this Article III may
be made in whole or in part in cash or in property acceptable to the Trustee at the Fair Market Value thereof on the date of the receipt thereof by the Trustee. 
 3.05 Source. Participants may not make any contributions under the Plan except as provided in Article IV. 
 3.06 Irrevocability. All Profit-Sharing Contributions made under the Plan will be irrevocable and will be transferred by the respective Participating Employer to the Trustee to be used only in accordance with the provisions of the
Plan. 
 ARTICLE IV 
 401(k)
SAVINGS CONTRIBUTIONS 
 4.01 Tax Deferred Contributions and After-Tax Contributions. 
 (a) Rate of Tax Deferred Contributions and After-Tax Contributions. Each Participant may enter into a salary reduction agreement
with his Participating Employer which will apply to all Compensation received thereafter. The salary reduction agreement will provide that the Participant agrees to a reduction in salary from the Participating Employer on a pre-tax basis by an
amount equal to an integral percentage of up to 50% of his Compensation, except that a Participant who is a highly compensated employee will be limited to 15% of Compensation. The Participating Employer will make a Tax Deferred Contribution to the
Plan on behalf of such Participant, corresponding to the amount of such reduction. Each Participant who is an Employee of Fortune, a Home & Hardware Participating Employer, or an Acushnet Participating Employer may also enter into a salary
reduction agreement to accept a reduction in salary from the Participating Employer on an after-tax basis by an amount equal to an integral percentage of up to 50% of his Compensation (a lower percentage may apply to Participants who are highly
compensated employees), minus the percentage he elected to 

  

 23 

 
contribute on a pre-tax basis. The Participating Employer will make an After-Tax Contribution to the Plan on behalf of such Participant, corresponding to the
amount of such reduction. The Participating Employer may limit the maximum salary reduction percentage to a lesser percentage of Compensation, provided such policy does not impermissibly discriminate against Employees who are not Highly Compensated
Employees. Tax Deferred Contributions and After-Tax Contributions will be paid at least monthly to the Trustee by the Participating Employers. Any election pursuant to this Section 4.01(a) must be made by an Approved Form of Election. Such
election will be effective on the first day of the first payroll period for which the Participating Employer can process such election. For purposes of this Section 4.01, the definitions of “Compensation” in Section 4.01(d)
apply. 
 (b) Automatic Enrollment. If an eligible Employee fails to affirmatively enroll in the Plan or fails to
affirmatively decline enrollment in the Plan within 60 days from the date that the Employee is first eligible to make Tax Deferred Contributions in accordance with Section 2.01(c), such Employee will be deemed to have entered into a salary
reduction agreement with his Participating Employer to reduce his Compensation on a pre-tax basis by 3%. The Participating Employer of the Employee will make a Tax Deferred Contribution on behalf of such Employee, corresponding to the amount of such
reduction. Such deemed election will commence on the first day of the first pay period for which the Employee’s Participating Employer can process the deemed election, provided such election will not take effect before the 60th day following
the date the Employee first becomes eligible to make Tax Deferred Contributions. 
 (c) Changes in Rate of Tax Deferred
Contributions and After-Tax Contributions. Each Participant may elect to change the rate of, discontinue or resume his Tax Deferred Contributions or, if applicable, After-Tax Contributions at any time by making an Approved Form of Election. Any
such election will be effective on the first day of the first payroll period for which the Participating Employer can process such election. The Committee may establish additional rules regarding the timing and frequency of a change in the amount of
Tax Deferred Contributions or After-Tax Contributions, provided such policy is applied uniformly to all Participants of the Participating Employer. 
 (d) Definitions of Compensation. For purposes of Sections 4.01 and 4.02, the term “Compensation” means: 
 (1) for each Participant who is an Employee of Fortune, his “Unadjusted Earnings” as defined in Section 3.01(g); 
 (2) for each Participant who is an Employee of an Acushnet Participating Employer, all salaries and bonuses paid and commissions 

  

 24 

 
earned by an Employee for services rendered by such Employee to the Acushnet Participating Employers, including performance awards paid in lieu of a merit
increase, but excluding any special payments such as prizes, awards, moving expenses, tuition reimbursement, executive life insurance premium bonuses, etc. Such Compensation will be determined as if the Participant had not entered into a salary
reduction agreement pursuant to this Section 4.01 or Code Section 125 (including “deemed 125 compensation” as defined in Revenue Ruling 2002-27) or Code Section 132(f)(4); 
 (3) for each Participant who is an Employee of a Beam Participating Employer, his base pay plus overtime, annual bonuses and performance
awards in lieu of a merit increase for the pay period; and 
 (4) for each Participant who is an Employee of a
Home & Hardware Participating Employer, his basic salary or wages, overtime, shift premiums, commissions and bonuses paid by such Participating Employer for personal services, performance awards in lieu of a merit increase, and other
amounts includible in his gross income on account of such services, including Tax Deferred Contributions under this Section 4.01 or amounts elected to be contributed under a program established pursuant to Code Section 125 (including
“deemed 125 compensation” as defined in Revenue Ruling 2002-27) or Code Section 132(f)(4) and excluding any (A) severance pay whether paid before or after termination of employment, (B) amounts deferred under a plan of a
Home & Hardware Participating Employer or Related Employer, (C) amounts paid under any long-term incentive plan, (D) tax protection payments or foreign service overbase allowances or premiums, (E) reimbursement for expenses
incurred or to be incurred, (F) non-cash remuneration such as taxable amounts for life insurance coverage or use of an automobile or stock options or awards, or (G) remuneration paid in currency other than U.S. dollars. 
 Notwithstanding the foregoing, each Participant’s Compensation will be limited to $200,000 in each Plan Year (as adjusted to reflect the dollar
amount applicable under Section 401(a)(17) of the Code). 
 (e) Additional Limitations. Notwithstanding any other
provision of this Plan to the contrary, a Participating Employer may refuse to give effect to any salary reduction agreement or cash option election entered into by a Participant at any time if the Participating Employer determines that such refusal
is necessary to ensure that the additions to a Participant’s Accounts for any Plan Year will not exceed the limitations set forth in Sections 4.04, 4.05, 4.06, 4.07, Sections 6.04, 6.05 and 6.07 and Section 9.01(g) of the Plan. 

 

 25 

 4.02 Company Matching Contributions. 
 (a) Rate of Company Matching Contributions. Subject to the conditions and limitations of this Article IV and Article XIV, Fortune
and each Acushnet Participating Employer and Home & Hardware Participating Employer (other than Kitchen Craft of Canada and Therma-Tru Corp.) will contribute under the Plan for each Participant in its employ during each payroll period an
amount based on any Tax Deferred Contributions and, if applicable, After-Tax Contributions made on his behalf during each payroll period by such Participating Employer. 
 (1) The Company Matching Contribution for each Participant employed by Fortune or a MasterBrand Participating Employer (other than
MasterBrand Cabinets, Inc., Capital Cabinet Corporation, Kitchen Craft of Canada, and Therma-Tru Corp.) will be equal to 50% of the Participant’s aggregate Tax Deferred Contributions and After-Tax Contributions to the extent the rate of such
aggregate Tax Deferred Contributions and After-Tax Contributions in effect from time to time does not exceed 6% of his Compensation. 
 (2) The Company Matching Contribution for each Participant employed by MasterBrand Cabinets, Inc. (except those Participants employed by MasterBrand Cabinets, Inc. at its Talladega, Alabama facility) will be equal to
50% of the Participant’s Tax Deferred Contributions or After-Tax Contributions to the extent the rate of such aggregate Tax Deferred Contributions and After-Tax Contributions in effect from time to time does not exceed 6% of his Compensation
and an additional 50% of the Participant’s Tax Deferred Contributions or After-Tax Contributions to the extent the rate of such aggregate Tax Deferred Contributions and After-Tax Contributions in effect from time to time does not exceed 3% of
his Compensation. 
 (3) The Company Matching Contribution for each Participant employed by MasterBrand Cabinets, Inc. at its
Talladega, Alabama facility will be equal to 50% of the Participant’s aggregate Tax Deferred Contributions or After-Tax Contributions, to the extent the rate of such aggregate Tax Deferred Contributions and After-Tax Contributions in effect
from time to time does not exceed 5% of his Compensation 
 (4) The Company Matching Contribution for each Participant
employed by an Acushnet Participating Employer will be equal to 50% of the Participant’s aggregate Tax Deferred Contributions and After-Tax Contributions to the extent the rate of such aggregate Tax Deferred Contributions and After-Tax
Contributions in effect from time to time does not exceed 5% of his Compensation and an additional 50% of the Participant’s aggregate Tax Deferred Contributions and After-Tax Contributions to the extent the rate of such aggregate Tax Deferred
Contributions and After-Tax Contributions in effect from time to time does not exceed 2% of his Compensation. 
  

 26 

 (5) The Company Matching Contribution for each Participant employed by Peak Wines
International, Inc. or Beam Wine Estates, Inc. will be equal to: (i) 50% of the Participant’s Tax Deferred Contributions to the extent the rate of such Tax Deferred Contributions in effect from time to time does not exceed 4% of his
Compensation, and (ii) for any Plan Year, an additional amount as determined by the boards of directors of Peak Wines International, Inc. or Beam Wine Estates, Inc., respectively, in their sole discretion, on or before the dates (including
extensions) for filing the Federal income tax returns of Peak Wines International, Inc. or Beam Wine Estates, Inc., respectively, for the taxable year for which the Company Matching Contribution is made. Peak Wines International, Inc. and/or Beam
Wine Estates, Inc. may determine that no discretionary Company Matching Contribution will be made for a particular year. 
 (6) The Company Matching Contribution for each Participant employed by Capital Cabinet Corporation will equal 100% of the Participant’s Tax Deferred Contributions and After-Tax Contributions (not including any catch-up contributions
made pursuant to Section 4.10), if any, to the extent that the rate of such Tax Deferred Contributions and After-Tax Contributions in effect from time to time does not exceed 4% of his Compensation. 
 Notwithstanding any other provision of this Plan to the contrary, except as provided in Section 4.02(a)(5), no Company Matching Contributions will be
made with respect to contributions of any Participant employed by any Beam Participating Employer. In addition, no Company Matching Contributions will be paid on amounts a Participant elects to defer pursuant to Section 4.10 regardless of
whether such deferrals are determined to satisfy the requirements of Section 414(v) of the Code at the end of a Plan Year. Except as otherwise provided in Section 4.02(a)(5), Company Matching Contributions will be paid at least monthly to
the Trustee by the Participating Employers. For purposes of this Section 4.02, the definitions of “Compensation” in Section 4.01(d) apply. 
 (b) Eligibility for Allocation. Each Participant who is an Employee of Fortune or Acushnet Participating Employer or a
Home & Hardware Participating Employer (other than Kitchen Craft of Canada and Therma-Tru Corp.) will be entitled to an allocation of Company Matching Contributions under this Section 4.02 if he made Tax Deferred Contributions or
After-Tax Contributions during a payroll period. 
 (c) Additional Limitations. Notwithstanding the foregoing and in
addition to the limitations set forth in Sections 4.06 and 4.07, no 

  

 27 

 
Company Matching Contributions will be made with respect to excess Tax Deferred Contributions and After-Tax Contributions distributed pursuant to Sections
4.05, 4.06 or 4.07 and Company Matching Contributions made with respect to such excess contributions will be returned to the Participating Employer pursuant to Section 14.03. No Company Matching Contributions will be made for Participants who
are Employees of Fortune for any Plan Year in which a cash dividend has not been paid on Fortune Common Stock. The total amount of any Profit Sharing Contribution and Company Matching Contributions by Fortune for each Plan Year will not exceed
3/8ths of 1% of Adjusted Income From Continuing Operations (as defined in Section 3.01) for such Plan Year. 
 4.02A. Therma-Tru
Qualified Nonelective Contributions. 
 (a) Amount. On behalf of each eligible Participant, Therma-Tru Corp. will
make a Qualified Nonelective Contribution in the amount of 3% of the eligible Participant’s Compensation for the Plan Year. 
 (b) Allocation to Accounts. Any Qualified Nonelective Contribution made by Therma-Tru Corp. pursuant to this Section 4.02A will be allocated to the Therma-Tru and Beam Wine Estates Qualified Nonelective Accounts of its eligible
Participants based on such eligible Participants’ respective Compensation for such Plan Year. 
 (c) Eligibility for
Allocation. For purposes of this Section 4.02A, each Employee who is an eligible Participant under Section 2.01(c) during a Plan Year will be entitled to an allocation of Therma-Tru Qualified Nonelective Contributions for that Plan
Year. 
 (d) Definition. For purposes of this Section 4.02A, the term ‘Compensation’ has the same
meaning as set forth in Section 4.01(d)(4). 
 4.03 Rollover Contributions. 
 (a) Eligible Amounts. Regardless of whether an Employee has become a Participant in the Plan, a Covered Employee who is eligible to
make Tax Deferred Contributions to the Plan in accordance with Section 2.01 may at any time transfer (or cause to be transferred) to the Trust Fund up to the entire amount of money and other property received from another eligible retirement
plan (as that term is defined in Code Section 402(c)(8)(B)), which constitutes an eligible rollover distribution within the meaning of Code Section 402(c)(4), including any after-tax contributions that are not includible in gross income,
provided that (A) such amount is received by the Trustee within 60 days after the Employee’s receipt of such payment, or (B) such amount is directly transferred to the Trust Fund from such other eligible retirement plan, and
(C) the Plan separately accounts for 

  

 28 

 
the portion of the eligible rollover distribution that is not includible in gross income and the portion that is so includible. Notwithstanding the
foregoing, after-tax contributions must be directly transferred to the Trust Fund. 
 The Employee must obtain the prior
approval of his Participating Employer or its designee to make a rollover contribution to this Plan. The Employee must furnish his Participating Employer or its designee with a written statement that the contribution to the Trust Fund is a rollover
contribution, together with such other statements and information as may be required by his Participating Employer or its designee in order to establish that such contribution does not contain amounts from sources other than provided above and that
such rollover contribution otherwise meets the requirements of law. Acceptance by the Trustee of any amount under these provisions may not be construed as a determination of the Employee’s tax consequences by either the Participating Employer,
the Trustee or their respective designees. 
 (b) Limitation on Assets Transferred. Except as otherwise provided in
this Plan, assets may not be transferred to the Plan or Trust Fund from any other plan or trust. 
 4.04 Limitation on Annual Amount of
Tax Deferred Contributions. 
 (a) Maximum Annual Amount. The maximum amount of Tax Deferred Contributions (other
than contributions described in Section 4.10) that may be made on behalf of each Participant in any calendar year pursuant to this Plan and any other qualified plan may not exceed the dollar limitation for such year under Code
Section 402(g). 
 (b) Procedure for Requesting Return of Excess Deferrals. If a Participant makes elective
deferrals to this Plan and to any other qualified plan in excess of the dollar limit specified above for the Participant’s taxable year, then the Participant must notify his Participating Employer in writing by March 1 of the following
year of the amount, if any, to be refunded from this Plan. The notice must specify the amount of excess Tax Deferred Contributions received by the Plan for the preceding year. The notice must be accompanied by the Participant’s written
statement that if the excess is not distributed, the Tax Deferred Contributions when added to amounts deferred under other qualified plans, exceed the limit imposed on the Participant by Code Section 402(g) for the taxable year in which the
deferral occurred. If the Participant fails to notify the Committee by March 1, no refund will be made pursuant to this Section 4.04. 
 (c) Return of Excess Deferrals. The amount to be refunded will be paid to the Participant in a single payment no later than April 15 following the close of the taxable year and will include any income or
loss allocated to the refund, as determined in Section 4.04(d) Although the 

  

 29 

 
excess deferral may be refunded, it will still be considered as an elective deferral for the Plan Year in which it was originally made and will be included
in the Actual Deferral Percentage of a Highly Compensated Employee. 
 (d) Income or Loss Allocable for Taxable Year.
The income or loss allocable to excess elective deferrals for the Participant’s taxable year will be determined by multiplying the income or loss for the Participant’s taxable year allocable to the Participant’s elective deferrals for
such year by a fraction, the numerator of which is the amount of excess elective deferrals for such taxable year and the denominator of which is equal to the sum of (l) the total Account Balances in the Participants Tax Deferred Account as of
the beginning of the taxable year, plus (2) the Participant’s Tax Deferred Contributions for such taxable year. Income or loss allocable to excess elective deferrals for the period between the end of the Plan Year in which such excess
deferrals arose and the date of distribution of such excess deferrals will be determined in accordance with Treasury Regulations under Code Section 401(k). 
 4.05 Actual Deferral Percentage Tests. 
 (a) Tests. The Actual Deferral
Percentage for the Highly Compensated Employees may not exceed for any Plan Year the greater of: 
 (1) the Actual Deferral
Percentage for all other Employees, multiplied by 1.25; or 
 (2) the Actual Deferral Percentage for all other Employees,
multiplied by two; provided, however, the Actual Deferral Percentage for the Highly Compensated Employees does not exceed the Actual Deferral Percentage for all other Employees by more than two percentage points. 
 For the purpose of the foregoing tests: 
 (1) those Employees who were not directly or indirectly eligible to have Tax Deferred Contributions made for them at any time during the Plan Year will be disregarded; 
 (2) if two or more plans which include cash or deferred arrangements are considered one plan for purposes of Code Section 401(a)(4)
or 410(b) (other than Code Section 410(b)(2)(A)(ii)), the cash or deferred arrangements included in those plans will be treated as one arrangement; 
 (3) if two or more plans with the same testing methods as set forth in this Section and Section 4.06 are permissibly aggregated for purposes of the foregoing tests, the aggregated plans must also satisfy Code
Sections 401(a)(4) and 410(b) as though they were one plan; and 
  

 30 

 (4) if a Highly Compensated Employee is a participant in two or more cash or deferred
arrangements of the Participating Employers or Related Employers, all such cash or deferred arrangements will be treated as one cash or deferred arrangement for purposes of determining the Actual Deferral Percentage of that Highly Compensated
Employee. 
 (b) Actual Deferral Percentage. The Actual Deferral Percentage for a specified group of Employees for a
Plan Year will be the average of the ratios (calculated separately) for the Employees in such group of: 
 (1) the amount of
Tax Deferred Contributions (excluding Tax Deferred Contributions made pursuant to Code Section 414(u) by reason of an eligible Employee’s qualified military service) and Special Company Contributions made pursuant to Section 4.08
actually paid to the Trustee on behalf of each such Employee for such Plan Year, to 
 (2) his Compensation for such Plan
Year. 
 For the 1999 Plan Year, the Actual Deferral Percentage was calculated by substituting the Actual Deferral Percentage
of non-Highly Compensated Employees from the prior Plan Year for that of the current Plan Year. 
 (c) Return of Excess
Contributions. Fortune or its designee will determine after the end of the Plan Year whether the Actual Deferral Percentage results satisfy either of the tests contained in Section 4.05(a). If neither test is satisfied, effective for Plan
Years beginning after December 31, 1996, the excess contributions for the Highly Compensated Employee(s) will be determined by the ratio leveling method by first hypothetically reducing the Actual Deferral Percentage of the Highly Compensated
Employee(s) with the highest Actual Deferral Percentage to the Actual Deferral Percentage of the Highly Compensated Employee(s) with the next highest Actual Deferral Percentage. If neither of the tests contained in Section 4.05(a) is then met,
the Actual Deferral Percentage of the Highly Compensated Employee(s) with such next highest Actual Deferral Percentage shall be further hypothetically reduced to the Actual Deferral Percentage of the Highly Compensated Employee(s) with the next
highest Actual Deferral Percentage. If neither of the tests contained in Section 4.05(a) is then met, the ratio leveling method shall continue to be applied by hypothetically reducing the Actual Deferral Percentage of the Highly Compensated
Employees with the next highest Actual Deferral Percentage until one of the tests is met. The amount of excess contributions is equal to the sum of the hypothetical reductions multiplied, in each case, by the Highly Compensated Employee’s
Compensation. 
  

 31 

 These excess contributions so determined and any income allocable thereto will be
distributed to the Highly Compensated Employees with the largest dollar amounts of Tax Deferred Contributions taken into account in calculating the tests contained in Section 4.05(a) for the Plan Year in which the excess arose, beginning with
the Highly Compensated Employee with the largest dollar amount of such Tax Deferred Contributions and continuing in descending order until all excess contributions (and income) have been distributed. For purposes of the preceding sentence, the
“largest dollar amount” will be determined after distribution of any excess contributions (and income). These excess contributions (together with any income allocable there) will be distributed within 12 months following the Plan Year for
which the excess Tax Deferred Contributions were made. 
 (d) Adjustment for Income or Losses. The excess Elective
Contributions for each Highly Compensated Employee will be adjusted for income or loss during the Plan Year, in the manner prescribed in Section 4.04(d). 
 (e) Forfeiture of Company Matching Contributions. Tax Deferred Contributions which are refunded will cause the corresponding
Company Matching Contributions, whether vested or nonvested, to be forfeited. 
 (f) Definition of Compensation. For
purposes of this Section 4.05, the term “Compensation” has the meaning prescribed in Code Section 414(s). 
 4.06
Actual Contribution Percentage Tests. 
 (a) Tests. The Actual Contribution Percentage for the Highly
Compensated Employees may not exceed for any Plan Year the greater of: 
 (1) the Actual Contribution Percentage for all
other Employees, multiplied by 1.25; or 
 (2) the Actual Contribution Percentage for all other Employees, multiplied by two;
provided, however, the Actual Contribution Percentage for the Highly Compensated Employees does not exceed the Actual Contribution Percentage for all other Employees by more than two percentage points. 
 For the purpose of the foregoing tests: 
 (1) those Employees who were not directly or indirectly eligible to have Company Matching Contributions or After-Tax Contributions made for them at any time during the Plan Year will be disregarded; 
  

 32 

 (2) if two or more plans to which employee contributions and matching contributions are
made are considered one plan for purposes of Code Section 401(a)(4) or 410(b) (other than Code Section 410(b)(2)(A)(ii)), all employee contributions and matching contributions will be treated as made under the same plan; 
 (3) if two or more plans with the same testing methods as set forth in Section 4.05 and this Section are permissibly aggregated for
purposes of the foregoing tests, the aggregated plans must also satisfy Code Sections 401(a)(4) and 410(b) as though they were one plan; and 
 (4) if a Highly Compensated Employee is a participant in two or more plans of the Participating Employers or Related Employers to which employee contributions or matching contributions are made, all such plans will be
treated as one plan for purposes of determining the Actual Contribution Percentage of that Highly Compensated Employee. 
 (b)
Actual Contribution Percentage. The Actual Contribution Percentage for a specified group of Employees for a Plan Year will be the average of the ratios (calculated separately) for the Employees in such group of: 
 (1) the amount of Company Matching Contributions and After-Tax Contributions (excluding Company Matching Contributions and After-Tax
Contributions made pursuant to Code Section 414(u) by reason of an eligible Employee’s qualified military service) actually paid to the Trustee on behalf of each such Employee for such Plan Year, to 
 (2) his Compensation for the Plan Year. 
 To the extent permitted by Treasury Regulations, Tax Deferred Contributions and non-elective employer contributions under any other tax-qualified retirement plan may be added to (1) above. 
 For the 1999 Plan Year, the Actual Contribution Percentage was calculated by substituting the Actual Contribution Percentage of non-Highly
Compensated Employees from the prior Plan Year for that of the current Plan Year. 
 (c) Return of Excess Aggregate
Contributions. Fortune or its designee will determine after the end of the Plan Year whether the Actual Contribution Percentage results satisfy either of the tests contained in Section 4.06(a). Effective for Plan Years beginning after
December 31, 

  

 33 

 
1996, if neither test is satisfied, the excess amount (“Excess Aggregate Contributions”) for the Highly Compensated Employees will be determined by
the ratio leveling method by first hypothetically reducing the Actual Contribution Percentage of the Highly Compensated Employee(s) with the highest Actual Contribution Percentage to the Actual Contribution Percentage of the Highly Compensated
Employee(s) with the next highest Actual Contribution Percentage. If neither of the tests set forth in Section 4.06(a) is then met, the Actual Contribution Percentage of the Highly Compensated Employee(s) with such next highest Actual
Contribution Percentage shall be further hypothetically reduced to the Actual Contribution Percentage of the Highly Compensated Employee(s) with the next highest Actual Contribution Percentage. If neither of the tests contained in
Section 4.06(a) is then met, the ratio leveling method shall continue to be applied by hypothetically reducing the Actual Contribution Percentage of the Highly Compensated Employees with the next highest Actual Contribution Percentage until one
of the tests is met. 
 These Excess Aggregate Contributions so determined and any income allocable thereto will be
distributed to the Highly Compensated Employees with the largest dollar amounts of Matching Contributions and After-Tax Contributions taken into account in calculating the tests contained in Section 4.06(a) hereof for the Plan Year in which the
excess arose, beginning with the Highly Compensated Employee with the largest dollar amount of such Matching Contributions and After-Tax Contributions and continuing in descending order until all the Excess Aggregate Contributions (and income) have
been distributed. For purposes of the preceding sentence, the “largest dollar amount” will be determined after distribution of any Excess Aggregate Contributions (and income). The amount of Excess Aggregate Contributions is equal to the
sum of the hypothetical reductions multiplied, in each case, by the Highly Compensated Employee’s Compensation. These Excess Aggregate Contributions (together with any income allocable thereto) will be distributed within 12 months following the
Plan Year for which the excess Matching Contributions and After-Tax Contributions were made. 
 (d) Adjustment for Income
and Loss. The Excess Aggregate Contributions for each Highly Compensated Employee will be adjusted for income or loss during the Plan Year, in the manner prescribed in Section 4.04(d). 
 (e) Definition of Compensation. For purposes of this Section 4.06, the term “Compensation” has the meaning
prescribed in Code Section 414(s). 
 4.07 Alternate Percentage Test. In the event that the Actual Deferral Percentage for the
Highly Compensated Employees for any Plan Year is more than the Actual Deferral Percentage for all other Employees multiplied by 125% and the Actual Contribution Percentage for Highly Compensated Employees for the same Plan Year is more than the

  

 34 

 
Actual Contribution Percentage for all other Employees multiplied by 125%, then the sum of the Actual Deferral Percentage for Highly Compensated Employees
plus the Actual Contribution Percentage for Highly Compensated Employees for such Plan Year may not exceed the greater of: 
 (a) the sum of: 
 (1) 125% of the greater of (A) the Actual Deferral Percentage of the group of all
other Employees, or (B) the Actual Contribution Percentage of the group of all other Employees; and 
 (2) two
percentage points plus the lesser of (A) the Actual Deferral Percentage of the group of all other Employees, or (B) the Actual Contribution Percentage of the group of all other Employees. In no event, however, will the amount described in
this Section 4.07(a)(2) exceed 200% of the lesser of (2)(A) and (B) above; and 
 (b) the sum of:

 (1) 125% of the lesser of (A) the Actual Deferral Percentage of the group of all other Employees, or (B) the
Actual Contribution Percentage of the group of all other Employees; and 
 (2) two percentage points plus the greater of
(A) the Actual Deferral Percentage of the group of all other Employees, or (B) the Actual Contribution Percentage of the group of all other Employees. In no event, however, will the amount described in this Section 4.07(b)(2) exceed
200% of the lesser of (2)(A) and (B) above. 
 In the event the sum of the Actual Deferral Percentage for Highly Compensated
Employees plus the Actual Contribution Percentage for Highly Compensated Employees exceeds the amount set forth in this Section 4.07, the Actual Deferral Percentage for the Highly Compensated Employees or the Actual Contribution Percentage for
the Highly Compensated Employees will be reduced in the manner provided in Sections 4.05 and 4.06, until such excess no longer exists. This Section 4.07 shall not apply to Plan Years beginning after December 31, 2001. 
 4.08 Special Company Contributions. 
 (a) Determination of Special Rate. In order to meet the nondiscrimination requirements of Code Sections 401(k) and 401(m) (as set forth in Sections 4.05 and 4.06 of the Plan), any Participating Employer may, in
its discretion and by action of its board of directors, establish a special rate of employer contributions applicable only to certain Participants who are not Highly Compensated Employees of such Participating Employer. 
  

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 (b) Allocation of Special Company Contributions. If contributions made under this
Section 4.08 are made to meet the nondiscrimination requirements of Code Section 401(k) (as set forth in Section 4.05 of the Plan), then such contributions will be deemed, for all Plan purposes except Section 9.01, to be Tax
Deferred Contributions, and will be allocated to the Tax Deferred Accounts of the Participants for whom the contributions were made; provided, however, that Company Matching Contributions will not be made based upon such contributions. If
contributions made under this Section 4.08 are made to meet the nondiscrimination requirements of Code Section 401(m) (as set forth in Section 4.06 of the Plan), then such contributions will be deemed, for all Plan purposes except
Section 9.01, to be Company Matching Contributions, but will be allocated to the Tax Deferred Accounts of the Participants for whom the contributions were made employed by such Participating Employer who made Tax Deferred Contributions and such
contributions will be fully vested upon deposit. 
 (c) Limitations on Special Company Contributions. To the extent
Special Company Contributions are made to meet the nondiscrimination requirements of Code Section 401(k) (as set forth in Section 4.05 of the Plan), the timing and amount of such contributions will satisfy the requirements of Treasury
Regulation Section 1.401(k)-2(a)(6). To the extent Special Company Contributions are made to meet the nondiscrimination requirements of Code Section 401(m) (as set forth in Section 4.06 of the Plan), the timing and amount of such
contributions will satisfy the requirements of Treasury Regulation Section 1.401(m)-2(a)(6). 
 4.09 Uniformed Service Absence.
Notwithstanding any provision of this Plan to the contrary, effective as of December 12, 1994, contributions, benefits and service credit with respect to qualified military service will be provided in accordance with Code Section 414(u).

 4.10 Catch-Up Contributions. All Participants who are eligible to make elective deferrals under this Plan and who have attained age
50 before the close of a Plan Year shall be eligible to make catch-up contributions in such year in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for
purposes of the provisions of the Plan implementing the required limitations of Sections 402(g) and 415 of the Code. The Plan shall not be treated as failing to satisfy the provisions of the Plan implementing the requirements of Sections 401(k)(3),
401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions. Effective January 1, 2004 a Participant’s elective deferrals under the Plan, including catch-up contributions under
this section, shall not exceed 75% of his Compensation. 
 4.11 Trust-to-trust Transfers. The Committee may, in its discretion, direct
the Trustee to accept a trust-to-trust transfer of assets and liabilities from a tax-qualified defined contribution plan with respect to a person who becomes an Employee of a Participating Employer in connection with the transfer of employment of
such Employee if the transferor plan permits such transfer. 
  

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 ARTICLE V 
 INVESTMENT PROVISIONS 
 5.01 Investment Funds. 
 (a) Separate Funds. The Trust Fund will consist of the following separate Investment Funds, to be administered as provided in this
Article V, and the “Loan Fund,” to be administered as provided in Article X: 
  

	 	(1)	Fortune Stock Fund; 

  

	 	(2)	Gallaher Stock Fund; 

  

	 	(3)	ACCO Stock Fund; 

  

	 	(4)	Short-Term Investment Fund; 

  

	 	(5)	Intermediate Bond Fund(s); 

  

	 	(6)	Corporate/Government Bond Fund; 

  

	 	(7)	Balanced Fund; 

  

	 	(8)	Core Equity Fund(s); 

  

	 	(9)	Small-Cap Value Equity Fund; 

  

	 	(10)	Small-Cap Growth Equity Funds; 

  

	 	(11)	Mid-Cap Value Equity Fund; 

  

	 	(12)	Large-Cap Value Equity Fund; 

  

	 	(13)	Equity Fund; 

  

	 	(14)	S&P 500 Index Fund; 

  

	 	(15)	Large-Cap Growth Equity Funds; 

  

	 	(16)	International Equity Fund(s); 

  

	 	(17)	International Growth and Income Equity Fund; and 

  

	 	(18)	Lifestyle Funds. 

 (b) Assets Pending
Allocation, Investment in Investment Funds and Maturity and Redemption. Contributions to the Plan may be uninvested pending allocation to the Investment Funds. The Investment Manager of each Investment Fund, or the Trustee if there will be no
Investment Manager, may invest the Investment Fund in short term investments or hold the assets thereof uninvested pending orderly investment and to permit distributions, reallocations and transfers therefrom. 
 5.02 Investment Fund Elections. A Participant’s Account Balances and contributions allocable to a Participant’s Accounts will be
invested in the Investment Funds as follows: . 
 (a) Investment of Contributions Except as provided in
Section 5.02(d), each Participant may elect that all contributions allocable to his 

  

 37 

 
Accounts be invested, collectively with investment gains and losses allocated on a pro rata basis, in whole multiples of 1%, in any one or more of the
Investment Funds. The same investment election will apply to the following contributions allocable to the Participant’s Accounts: Tax Deferred Contributions, After-Tax Contributions, Company Matching Contributions, Profit Sharing Contributions,
catch-up contributions, Therma-Tru Qualified Nonelective Contributions and special contributions made pursuant to an Exhibit to this Plan. Any special contributions made pursuant to an Exhibit to this Plan or any Tax Deferred Contributions that are
automatically made pursuant to Section 4.01(b) and Company Matching Contributions thereon will be invested in the age-appropriate Lifestyle Fund, based on uniform procedures established by the Plan Administrator, until the Participant elects to
change his investment of such contributions in accordance with this Section 5.02(a) or Section 5.02(b) Notwithstanding the foregoing, a separate investment election may be made for Rollover Contributions. Except as otherwise provided in
Section 5.02(d), each Participant may elect to change his investment elections with respect to new contributions allocable to his Accounts. 
 (b) Interfund Transfers. Except as otherwise provided in Section 5.02(d) or Section 5.02(f), each Participant may at any time elect that his Account Balances be rearranged, in whole multiples of 1% of
the total balance, in any one or more of the Investment Funds. 
 (c) Election Procedures. Any election to invest
contributions, change the investment for new contributions or make interfund transfers within the Plan (other than an automatic election made pursuant to Section 4.01(b)) must be made through an Approved Form of Election. Any such election made
before the Close of Business on a Business Day will be effective and valued as of the day such election is made. Any such election made on a day other than a Business Day or after the Close of Business on a Business Day will be effective and valued
as of the next Business Day. Notwithstanding the foregoing provisions on the effective date of elections, any election with respect to the Fortune Stock Fund, the Gallaher Fund or the ACCO Stock Fund shall be subject to the availability of
short-term investments in such Fund. 
 (d) Limitations on Investments. Notwithstanding the foregoing, no contributions
may be invested in the Gallaher Fund or the ACCO Stock Fund and no transfers may be made into the Gallaher Fund or the ACCO Stock fund. 
 (e) Investment in Absence of Election. If a Participant fails to make an investment election in accordance with Section 5.02(a), the contributions referred to in Section 5.02(a) will be invested in
the age-appropriate Lifestyle Fund, based on uniform procedures established by the Plan Administrator. 
  

 38 

 (f) 2003 Transition Period. Effective August 1, 2003, additional mutual funds
(“New Funds”) will be available under the Investment Funds listed in Section 5.01(a). Effective November 1, 2003, certain mutual funds (“Closing Funds”) will no longer be available under the Investment Funds listed in
Section 5.01(a). Effective August 1, 2003, no new investment elections for the Closing Funds, and no interfund transfers into the Closing Funds, will be permitted. Investment elections in effect as of July 31, 2003 designating
investment of contributions into the Closing Funds will remain in effect until October 31, 2003, or such earlier date as a Participant may make a new investment election. After the close of business on October 31, 2003, any contribution
investment elections designating a Closing Fund will become invalid and will be replaced by a designation of a New Fund with similar risk/reward characteristics, based on uniform rules established by the Plan Administrator. Likewise, any assets
remaining in a Closing Fund as of the close of business on October 31, 2003, will be automatically transferred to a New Fund with similar risk/reward characteristics, based on uniform rules established by the Plan Administrator. 
 5.03 Administration of Fortune Stock Fund. Subject to the provisions of the Trust Agreement and Sections 5.21, the Trustee will administer the
Fortune Stock Fund as follows: 
 (a) Investment. The assets of the Fortune Stock Fund, including all income thereon
and increments thereto, will be invested primarily in Fortune Common Stock; provided, however, that, in order to permit orderly investment in Fortune Common Stock and pending such investment, the Trustee may hold uninvested any monies received by it
in or for the Fortune Stock Fund or may invest in short term investment funds. 
 (b) Registration Upon Distribution.
Upon any distribution from the Fortune Stock Fund as a single distribution pursuant to Section 8.01(a)(2), all whole shares of Fortune Common Stock distributable therefrom will be registered in the name of the distributee and delivered to him
together with any cash from the Fortune Stock Fund to which the distributee is entitled. 
 (c) Distributions Other Than in
Stock. Upon any distribution from the Fortune Stock Fund pursuant to the provisions of Article VIII other than as a single distribution pursuant to Section 8.01(a)(2), the Trustee will retain all shares which would otherwise be
distributable to the distributee and distribute in lieu thereof their Fair Market Value on the applicable Business Day described in Article VIII. 
 (d) Transfers Among Investment Funds. Upon any transfer from any Investment Fund pursuant to the provisions of Section 5.02(c), the Trustee will, to the extent practicable, retain all shares which would

  

 39 

 
otherwise have to be liquidated by reason of such transfer and transfer in lieu thereof their Fair Market Value on the applicable Business Day described in
Section 5.02(c). 
 (e) Rights Exercise; Sale of Stock. To the extent practicable, the Trustee will make
transactions with respect to or sell all rights to buy Fortune Common Stock received with respect to any shares held in the Fortune Stock Fund. The Trustee may determine to sell or exercise such rights. To the extent that there is insufficient cash
in the Fortune Stock Fund with which to exercise any such rights, or to make distribution or transfer of the Fair Market Value of any stock subject to retention, the Trustee may, in its discretion, sell such rights or retained stock or any part
thereof; in the case of any retained stock so sold the Fair Market Value thereof will be the net proceeds of sale instead of the Fair Market Value determined as provided in Article I. The Trustee may also obtain cash in such other manner deemed
appropriate by the Trustee provided such other manner is permitted by applicable law, will not affect the continued qualified status of the Plan or the tax exempt status of the Trust under the Code and will not result in a “prohibited
transaction” (as defined in the Code or ERISA). 
 (f) Dividend Election. Effective April 1, 2006, each
Participant (or his or her Beneficiary) will have the right to elect to receive a cash payment of the dividends, if any, paid on the shares of Fortune Common Stock in the vested portion of his or her ESOP subaccounts or to reinvest such vested
dividends in Fortune Common Stock in his or her ESOP subaccounts. If a Participant (or his or her Beneficiary) does not make an affirmative election under this Section, he or she will be deemed to have elected to reinvest his or her vested dividends
in the Fortune Stock Fund. The Committee will establish rules and procedures for the election, including the procedures for determining the number of shares of Fortune Common Stock in each Participant’s ESOP subaccounts on the record date of
the dividend and the vested portion of the ESOP subaccounts. Reinvested dividends will be paid to the Plan and credited to the Participant’s ESOP subaccounts in proportion to the interest in the Fortune Stock Fund attributable to each Account.

 5.04 Investment of Short-Term Investment Fund. Subject to the provisions of the Trust Agreement and of Section 5.03(e), the
assets of the Short Term Investment Fund, including all income thereon and increments thereto, will be invested and reinvested in bonds, debentures, mortgages, equipment or other trust certificates, notes, obligations issued by or guaranteed by the
United States Government or its agencies, domestic bank certificates of deposit, domestic bankers’ acceptances and repurchase agreements, and high grade commercial paper, all of which will bear a fixed rate of return and are intended to
minimize market fluctuations, as selected by the Investment Manager, or if there is no such Investment Manager, by the Trustee (which may include investment in the Trustee’s short term collective investment fund); provided, however, that the
Trusts Investment Committee may determine that the Short-Term Investment Fund be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
  

 40 

 5.05 Investment of Intermediate Bond Fund(s). Subject to the provisions of the Trust Agreement and
of Section 5.03(e), the assets of the Intermediate Bond Fund(s), including all income thereon and increments thereto, will be invested and reinvested primarily in such obligations issued or guaranteed by the United States Government or its
agencies, or by any State or local government or their agencies, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the
Intermediate Bond Fund(s) be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 5.06 Investment of
Corporate/Government Bond Fund. Subject to the provisions of the Trust Agreement and of Section 5.03(e), the assets of the Corporate/Government Bond Fund, including all income thereon and increments thereto, will be invested and reinvested
primarily in investment grade corporate bonds, bonds issued by the United States Government or its agencies, domestic bank obligations and commercial paper, as selected by the Investment Manager or, if there is no such Investment Manager, by the
Trustee; provided, however, that the Trusts Investment Committee may determine that the Corporate/Government Bond Fund be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 5.07 Investment of Growth-Oriented Diversified Fund. Subject to the provisions of the Trust Agreement and of Section 5.03(e), the assets of
the Growth-Oriented Diversified Fund, including all income thereon and increments thereto, will be invested and reinvested in such bonds, debentures, notes, equipment trust certificates, investment trust certificates, preferred stocks, common
stocks, other securities (including any bonds, debentures, stock and other securities of Fortune) primarily of companies with strong financial characteristics and good long-term prospects for above-average earnings or sales growth, or other
properties, not necessarily of the nature hereinbefore itemized, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the
Growth-Oriented Diversified Fund be comprised of a mutual fund or funds having substantially the foregoing characteristics. This Investment Fund is no longer available as of November 1, 2003. 
 5.08 Investment of Balanced Fund. Subject to the provisions of the Trust Agreement and of Section 5.03(e), the assets of the Balanced Fund,
including all income thereon and increments thereto, will be invested and reinvested primarily in companies which have a low price relative to the company’s earnings or cash flow, or relative to the past price history of the stock, as selected
by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the Balanced Fund be comprised of a mutual fund or funds having substantially the
foregoing characteristics. 
 5.09 Investment of Core Equity Fund(s). Subject to the provisions of the Trust Agreement and of
Section 5.03(e), the assets of the Core Equity Fund(s), including all income thereon and increments thereto, will be invested and reinvested in any and all common stocks, 

  

 41 

 
preferred stocks and other equity securities which the Investment Manager believes have a low price relative to the company’s earnings or cash flow, or
relative to the past price history of the stock, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the Core Equity Fund(s) be
comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 5.10 Investment of Small-Cap Value Equity
Fund. Subject to the provisions of the Trust Agreement and of Section 5.03(e), the assets of the Small-Cap Value Equity Fund, including all income thereon and increments thereto, will be invested and reinvested primarily in small companies
that have the potential to grow fast, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the Small-Cap Value Equity Fund be
comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 5.11 Investment of Small-Cap Growth Equity
Funds. Subject to the provisions of the Trust Agreement and of Section 5.03(e), the assets of the Small-Cap Growth Equity Funds, including all income thereon and increments thereto, will be invested and reinvested primarily in small to
medium-size companies that are early in their life cycle but which have the potential to become major enterprises (emerging growth companies), as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee;
provided, however, that the Trusts Investment Committee may determine that the Small-Cap Growth Equity Funds be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 5.12 Investment in the Mid-Cap Value Equity Fund. Subject to the provisions of the Trust Agreement and of Section 5.03(e), the assets of the
Mid-Cap Value Equity Fund, including all income thereon and increments thereto, will be invested primarily in securities of companies that are believed to possess valuable fixed assets or that are believed to be undervalued in relation to factors
such as assets, earnings or growth potential, as selected by the Investment Manager, or if there is no Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the Mid-Cap Value Fund Equity be
comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 5.13 Investment of Large-Cap Value Equity
Fund. Subject to the provisions of the Trust Agreement and of Section 5.03(e), the assets of the Large-Cap Value Equity Fund, including all income thereon and increments thereto, will be invested and reinvested primarily in income-producing
equity securities, such as large cap ‘value’ stocks, and potentially in other types of equity and debt securities, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that
the Trusts Investment Committee may determine that the Large-Cap Value Equity Fund be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 5.14 Investment of Equity Fund. Subject to the provisions of the Trust Agreement and of Section 5.03(e), the assets of the Equity Fund,
including income thereon and increments thereto, will be invested and reinvested primarily in common stock of domestic 

  

 42 

 
and foreign issuers (‘growth’ or ‘value’ stocks, or both) whose value the Investment Manager believes is not fully recognized by the
public, provided, however, that the Trusts Investment Committee may determine that the Equity Fund be comprised of a mutual fund or mutual funds having substantially the foregoing characteristics. 
 5.15 Investment of S&P 500 Index Fund. Subject to the provisions of the Trust Agreement and of Section 5.03(e), the assets of the S&P
500 Index Fund, including all income thereon and increments thereto, will be invested and reinvested in a mutual fund that invests in 500 stocks that make up the S&P 500 proportionately to each stock weighting in the index, as selected by the
Trusts Investment Committee. 
 5.16 Investment of Large-Cap Growth Equity Fund. Subject to the provisions of the Trust Agreement and
of Section 5.03(e), the assets of the Large-Cap Growth Equity Fund, including all income thereon and increments thereto, will be invested and reinvested primarily in stocks of medium to large-size companies with above-average earnings or sales
growth, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the Large-Cap Growth Equity Fund be comprised of a mutual fund or
funds having substantially the foregoing characteristics. 
 5.17 Investment of International Equity Fund(s). Subject to the
provisions of the Trust Agreement and of Section 5.03(e), the assets of the International Equity Fund(s), including all income thereon and increments thereto, will be invested and reinvested primarily in stocks of companies incorporated outside
the United States, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the International Equity Fund(s) be comprised of a mutual
fund or funds having substantially the foregoing characteristics. 
 5.18 Investment of International Growth and Income Equity Fund.
Subject to the provisions of the Trust Agreement and of Section 5.03(e), the assets of the International Growth and Income Equity Fund, including all income thereon and increments thereto, will be invested and reinvested primarily in stocks of
companies incorporated outside the United States with a focus on those that pay current dividends and show potential for capital appreciation, as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee;
provided, however, that the Trusts Investment Committee may determine that the International Growth and Income Equity Fund be comprised of a mutual fund or funds having substantially the foregoing characteristics. 
 5.19 Investment of Lifestyle Funds. Subject to the provisions of the Trust Agreement and of Section 5.03(e), the assets of the Lifestyle
Funds, including all income thereon and increments thereto, will be invested and reinvested in a combination of stock, bond and money market mutual funds, with the Lifestyle 2040 Fund (initially invested primarily in stock funds) and each other
Lifestyle Fund that has a retirement horizon (2000, 2005, 2010, 2015, 2020, 2025, 2030 and 2035) becoming more conservatively invested over time, and the Lifestyle Income Fund investing in a higher percentage of money market and bond funds and a
smaller percentage of equity funds, all as selected by the Investment Manager or, if there is no such Investment Manager, by the Trustee; provided, however, that the Trusts Investment Committee may determine that the each of the Lifestyle Funds be
comprised of mutual funds having substantially the foregoing characteristics. 
  

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 5.20 Voting of Shares in Fortune Stock Fund. 
 (a) Trustee Voting. Notwithstanding any other provision of the Plan or the Trust Agreement to the contrary, the Trustee will have
no discretion or authority to exercise any voting rights with respect to Fortune Common Stock held in the Fortune Stock Fund except as provided in this Section 5.20. 
 (b) Participant Direction. Each Participant, former Participant or Beneficiary will be entitled to direct the Trustee, and the
Trustee will solicit the direction of such Participant, former Participant or Beneficiary, as to the manner in which any voting rights of shares of Fortune Common Stock attributable to his proportionate interest in the Fortune Stock Fund are to be
exercised with respect to any matter on which holders of Fortune Common Stock are entitled to vote by proxy, consent or otherwise, and the Trustee will exercise the voting rights of such shares with respect to such matter in accordance with the most
recent timely direction received by the Trustee from such Participant, former Participant or Beneficiary. With respect to the voting rights of shares of Fortune Common Stock held in the Fortune Stock Fund as to which timely directions have not been
received by the Trustee as provided in the preceding sentence, the Trustee will exercise the voting rights of such shares in the same manner and in the same proportion in which the voting rights of shares as to which such directions were received by
the Trustee are to be exercised as provided in the preceding sentence. The Trustee will combine fractional interests of Participants, former Participants and Beneficiaries in shares of Fortune Common Stock held in the Fortune Stock Fund to the
extent possible so that the voting rights with respect to such matter are exercised in a manner which reflects as accurately as possible the collective directions given by Participants, former Participants and Beneficiaries. In giving directions to
the Trustee as provided in this Section 5.20(b), each Participant, former Participant or Beneficiary will be acting as a named fiduciary within the meaning of Section 403(a)(1) of ERISA (“Named Fiduciary”) with respect to the
exercise of voting rights of shares of Fortune Common Stock in accordance with such directions pursuant to both the first and the second sentences of this Section 5.20(b). For purposes of this Section 5.20, the number of shares of Fortune
Common Stock attributable at any particular time to the interest of a Participant, former Participant or Beneficiary in the Fortune Stock Fund will be the product of the total number of shares then held in the Fortune Stock Fund multiplied by a
fraction, the numerator of which is the value of the Fortune Stock Fund then in his or her ESOP subaccounts and the denominator of which is the total value of the Fortune Stock Fund. 
  

 44 

 (c) Trustee to Communicate Voting Procedures. The Trustee will communicate or
cause to be communicated to all Participants, former Participants and Beneficiaries the procedures regarding the exercise of voting rights of shares of Fortune Common Stock held in the Fortune Stock Fund. The Trustee will distribute or cause to be
distributed as promptly as possible to all Participants, former Participants and Beneficiaries entitled to give directions to the Trustee as to the exercise of voting rights with respect to any matter all communications and other materials, if any,
that the Trustee may receive from any person or entity (including Fortune) that are being distributed to the holders of Fortune Common Stock and either are directed generally to such holders or relate to any matter on which holders of Fortune Common
Stock are entitled to vote by proxy, consent or otherwise, and Fortune will promptly furnish to the Trustee all such communications and other materials, if any, as are being distributed by or on behalf of Fortune. Fortune will provide the Trustee
with such information, documents and assistance as the Trustee may reasonably request in connection with any communications or distributions to Participants, former Participants and Beneficiaries as aforesaid. This information will include the names
and current addresses of Participants, former Participants and Beneficiaries and the number of shares of Fortune Common Stock credited to the accounts of each of them, upon which the Trustee may conclusively rely. Notwithstanding any other provision
of this Section 5.20, the Plan or the Trust Agreement to the contrary, except if the Participating Employers serve as recordkeeper, to the extent necessary to provide the Participating Employers with information necessary accurately to maintain
records of the interest in the Plan of Participants, former Participants and Beneficiaries, the Trustee will use its best efforts (1) to keep confidential the direction (or the absence thereof) from each Participant, former Participant or
Beneficiary in connection with the exercise of voting rights of shares of Fortune Common Stock held in the Fortune Stock Fund and the identity of such Participant, former Participant or Beneficiary, and (2) not to divulge such direction or
identity to any person or entity, including, without limitation, Fortune, any other Participating Employer and any Non-Participating Employer and any director, officer, employee or agent thereof. It is the intent of this Section 5.20 that
Fortune, each other Participating Employer, and each Non-Participating Employer and their directors, officers, employees and agents not be able to ascertain the direction given (or not given) by any Participant, former Participant or Beneficiary in
connection with the exercise of voting rights of such shares. 
 (d) Invalidity. If a court of competent jurisdiction
issues an opinion, order or decree which, in the opinion of counsel to Fortune or the Trustee, will, in all or any particular circumstances, (1) invalidate under ERISA or otherwise any provision or provisions of the Plan or the Trust Agreement
with respect to the exercise of voting rights of shares of Fortune Common Stock held in the Fortune Stock Fund, (2) cause any such 

  

 45 

 
provision or provisions to conflict with ERISA, or (3) require the Trustee not to act or such voting rights not to be exercised in accordance with such
provision or provisions, then, upon written notice thereof to the Trustee (in the case of an opinion of counsel to Fortune) or to Fortune (in the case of an opinion of counsel to the Trustee) such provision or provisions will be given no further
force or effect in such circumstances. Except to the extent otherwise specified in such opinion, order or decree, the Trustee will have no discretion or authority in such circumstances to exercise voting rights with respect to shares of Fortune
Common Stock held in the Fortune Stock Fund, but will exercise such voting rights in accordance with the most recent dated timely directions received from Participants, former Participants and Beneficiaries to the extent such directions have not
been invalidated. To the extent the Trustee exercises any fiduciary responsibility it may have in any circumstances with respect to any exercise of voting rights of shares of Fortune Common Stock held in the Fortune Stock Fund, the Trustee in
exercising its fiduciary responsibility, unless pursuant to the requirements of ERISA or otherwise it is unlawful to do so, (1) will take into account directions timely received from Participants, former Participants and Beneficiaries as valid
direction with respect to the exercise of such voting rights, and (2) to the extent that the Trustee deems it appropriate, will take into consideration any relevant non-financial factors in addition to any financial factors bearing on any
exercise of such voting rights. 
 5.21 Tendering of Shares in Fortune Stock Fund. 
 (a) Tender by Trustee. Notwithstanding any other provision of the Plan or the Trust Agreement to the contrary, the Trustee will
have no discretion or authority to tender, deposit, sell, exchange or transfer any shares of Fortune Common Stock held in the Fortune Stock Fund pursuant to any tender offer (as defined herein) except as provided in this Section 5.21. For
purposes of this Section 5.21, a “tender offer” will mean any tender or exchange offer for or request or invitation for tenders or exchanges of shares of Fortune Common Stock and will include, without limitation, any such tender offer
made by or on behalf of Fortune. 
 (b) Participant Direction. Each Participant, former Participant or Beneficiary will
be entitled to direct the Trustee, and the Trustee will solicit the direction of such Participant, former Participant or Beneficiary, as to the tendering, depositing, selling, exchanging or transferring of shares of Fortune Common Stock attributable
to his proportionate interest in the Fortune Stock Fund pursuant to any tender offer, and the Trustee will tender, deposit, sell, exchange or transfer such shares (or will retain such shares in the Fortune Stock Fund) pursuant to such tender offer
in accordance with the most recent timely direction received by the Trustee from such Participant, former Participant or Beneficiary. With respect to shares of Fortune Common Stock held in the Fortune Stock Fund as to 

  

 46 

 
which timely directions have not been received by the Trustee from Participants, former Participants and Beneficiaries to whose interests in the Fortune
Stock Fund such shares are attributable, such Participants, former Participants and Beneficiaries will be deemed to have directed the Trustee that such shares be retained in the Fortune Stock Fund subject to all provisions of the Plan and the Trust
Agreement and applicable law and not be tendered, deposited, sold, exchanged or transferred pursuant to such tender offer, and the Trustee will not tender, deposit, sell, exchange or transfer any of such shares pursuant thereto. If, under the terms
of such tender offer or otherwise, any shares of Fortune Common Stock tendered or deposited pursuant thereto may be withdrawn, the Trustee will (1) use its best efforts to solicit the direction of each Participant, former Participant or
Beneficiary as to the exercise of withdrawal rights with respect to shares of Fortune Common Stock that have been tendered or deposited pursuant to this Section 5.21, and (2) exercise (or refrain from exercising) such withdrawal rights in
the same manner as will reflect the most recent timely directions received with respect to the exercise of such withdrawal rights. The Trustee will not withdraw shares except pursuant to a timely direction of a Participant, former Participant or
Beneficiary. The Trustee will combine fractional interests of Participants, former Participants and Beneficiaries in shares of Fortune Common Stock held in the Fortune Stock Fund to the extent possible so that such shares are tendered, deposited,
sold, exchanged or transferred, and withdrawal rights with respect thereto are exercised, in a manner which reflects as accurately as possible the collective directions given or deemed to have been given by Participants, former Participants and
Beneficiaries in accordance with this Section 5.21. In giving or being deemed to have given directions to the Trustee as provided in this Section 5.21(b), each Participant, former Participant or Beneficiary will be acting as a Named
Fiduciary with respect to the tender, deposit, sale, exchange or transfer of shares of Fortune Common Stock (or the retention of such shares in the Fortune Stock Fund) in accordance with such directions pursuant to both the first and second
sentences of this Section 5.21(b) and the exercise of (or the refraining from exercising) withdrawal rights with respect to shares of Fortune Common Stock tendered or deposited pursuant to the third sentence of this Section 5.21(b).

 (c) Trustee to Communicate Tender Procedures. In the event of a tender offer as to which Participants, former
Participants and Beneficiaries are entitled to give directions as provided in this Section 5.21, the Trustee will communicate or cause to be communicated to all Participants, former Participants and Beneficiaries entitled to give directions the
procedures relating to their right to give directions as Named Fiduciaries to the Trustee and in particular the consequences of any failure to provide timely direction to the Trustee. In the event of such a tender offer, the Trustee will distribute
or cause to be distributed as promptly as possible to all Participants, former Participants and Beneficiaries entitled to 

  

 47 

 
give directions to the Trustee with respect to such tender offer all communications and other materials, if any, that the Trustee may receive from any person
or entity (including Fortune) that are being distributed to the holders of the securities to whom such tender offer is directed and either are directed generally to such holders or relate to such tender offer, and Fortune will promptly furnish to
the Trustee all such communications and other materials, if any, as are being distributed by or on behalf of Fortune. Fortune will provide the Trustee with such information, documents and assistance as the Trustee may reasonably request in
connection with any communications or distributions to Participants, former Participants and Beneficiaries as aforesaid. This information will include the names and current addresses of Participants, former Participants and Beneficiaries and the
number of shares of Fortune Common Stock credited to the accounts of each of them, upon which the Trustee may conclusively rely. Notwithstanding any other provision of this Section 5.21, the Plan or the Trust Agreement to the contrary, except
if the Participating Employers serve as recordkeeper, to the extent necessary to provide the Participating Employers with information necessary accurately to maintain records of the interest in the Plan of Participants, former Participants and
Beneficiaries, the Trustee will use its best efforts (1) to keep confidential the direction (or the absence thereof) from each Participant, former Participant or Beneficiary with respect to any tender offer and the identity of such Participant,
former Participant or Beneficiary, and (2) not to divulge such direction or identity to any person or entity, including, without limitation, Fortune, any other Participating Employer and any Non-Participating Employer and any director, officer,
employee or agent thereof. It is the intent of this Section 5.21 that Fortune, each other Participating Employer and each Non-Participating Employer and their directors, officers, employees and agents not be able to ascertain the direction
given (or not given) or deemed to have been given by any Participant, former Participant or Beneficiary with respect to any tender offer. 
 (d) Invalidity. If a court of competent jurisdiction issues an opinion, order or decree which, in the opinion of counsel to Fortune or the Trustee, will, in all or any particular circumstances,
(1) invalidate under ERISA or otherwise any provision or provisions of the Plan or the Trust Agreement with respect to the tendering, depositing, sale, exchange or transfer of shares of Fortune Common Stock held in the Fortune Stock Fund or the
exercise of any withdrawal rights with respect to shares tendered or deposited pursuant to a tender offer, (2) cause any such provision or provisions to conflict with ERISA, or (3) require the Trustee not to act or such shares not to be
tendered, deposited, sold, exchanged or transferred or such withdrawal rights not to be exercised in accordance with such provision or provisions, then, upon written notice thereof to the Trustee (in the case of an opinion of counsel to Fortune) or
to Fortune (in the case of an opinion of counsel to the Trustee) such provision or 

  

 48 

 
provisions will be given no further force or effect in such circumstances. Except to the extent otherwise specified in such opinion, order or decree, the
Trustee will have no discretion or authority in such circumstances to tender, deposit, sell, transfer or exchange shares of Fortune Common Stock held in the Fortune Stock Fund (or the retention of such shares in the Fortune Stock Fund) pursuant to a
tender offer or with respect to the exercise of (or refraining from exercising) any withdrawal rights with respect to shares tendered or deposited pursuant to a tender offer, but will act in accordance with the most recent timely directions received
from Participants, former Participants and Beneficiaries to the extent such directions have not been invalidated. To the extent the Trustee, in order to comply with ERISA or other applicable law, exercises any fiduciary responsibility it may have in
any circumstances with respect to the tendering, depositing, sale, exchange or transfer of shares of Fortune Common Stock held in the Fortune Stock Fund or the exercise of any withdrawal rights with respect to shares tendered or deposited pursuant
to a tender offer, the Trustee in exercising its fiduciary responsibility, unless pursuant to the requirements of ERISA or otherwise it is unlawful to do so, (1) will take into account directions timely received from Participants, former
Participants and Beneficiaries as valid direction with respect to a tender offer and (2) to the extent that the Trustee deems it appropriate, will take into consideration any relevant non-financial factors in addition to any financial factors
bearing on any sale, exchange or transfer or any exercise of withdrawal rights. 
 (e) Proceeds of Tender. The proceeds
of any sale, exchange or transfer of shares of Fortune Common Stock pursuant to the direction of a Participant, former Participant or Beneficiary in accordance with this Section 5.21 will be allocated to his Accounts in the same manner, in the
same proportion and as of the same date as were the shares sold, exchanged or transferred and will be governed by the provisions of this Section 5.21(e) and all other applicable provisions of the Plan and the Trust Agreement. Such proceeds will
be deemed to be held in the Fortune Stock Fund and will be subject to the other applicable provisions of the Plan and the Trust Agreement. Pending receipt of directions as to which of the remaining Investment Funds the proceeds should be invested
in, the proceeds shall be invested in the age-appropriate Lifestyle Fund based on uniform procedures established by the Plan Administrator. 
 5.22 Valuation of Investment Funds. As of each Business Day, the Trustee will report to the Committee the Fair Market Value of the assets of each Investment Fund and the number of units and value of units in the Fortune Stock Fund,
Gallaher Fund and ACCO Stock Fund. The Fair Market Value of an Investment Fund will be the value of such Investment Fund as of the Close of Business on such Business Day. The number of units and value of units in the Fortune Stock Fund, Gallaher
Fund and ACCO Stock Fund will be determined in accordance with Section 5.27. 
  

 49 

 5.23 Administration of the Gallaher Fund. 
 (a) Gallaher ADRs Transferred to Gallaher Fund. ADRs with respect to Gallaher stock (“Gallaher ADRs”) received by the
Fortune Stock Fund in the Gallaher Spin-Off will be transferred to the Gallaher Fund. 
 (b) Distributions With Respect to
Gallaher ADRs. The proceeds of any distribution received by the Gallaher Fund with respect to Gallaher ADRs will be invested in the other Investment Funds on a pro rata basis in accordance with each Participant’s current investment election
under Section 5.02 for Tax Deferred Contributions. Nothing in this Section 5.23(b), however, restricts the Trustee’s ability to retain in the Gallaher Fund any additional Gallaher ADRs received as a result of a stock dividend, stock
split or similar transaction. Contributions will not be invested in the Gallaher Fund, nor may any transfers be made to the Gallaher Fund from any of the other Investment Funds. 
 5.24 Voting of Shares in Gallaher Fund. 
 (a) Trustee Voting. Notwithstanding any other provision of the Plan or the Trust Agreement to the contrary, the Trustee will have no discretion or authority to provide any voting instructions with respect to
Gallaher ADRs held in the Gallaher Fund except as provided in this Section 5.24. 
 (b) Participant Direction.
Each Participant, former Participant or Beneficiary will be entitled to direct the Trustee, and the Trustee will solicit the direction of such Participant, former Participant or Beneficiary, as to the manner in which the Gallaher ADR depositary
should be instructed to vote the Gallaher shares underlying the Gallaher ADRs attributable to his interest in the Gallaher Fund. The Trustee will instruct the Gallaher ADR depositary that such Gallaher ADRs be voted with respect to any matter in
accordance with the most recent timely direction received by the Trustee from such Participant, former Participant or Beneficiary. With respect to the voting of Gallaher ADRs held in the Gallaher Fund as to which timely directions have not been
received by the Trustee, the Trustee will instruct the Gallaher ADR depositary to vote the Gallaher shares underlying the Gallaher ADRs in the same manner and in the same proportion in which the Gallaher ADRs as to which such directions were timely
received by the Trustee are to be voted. The Trustee will combine fractional interests of Participants, former Participants and Beneficiaries in Gallaher ADRs held in the Gallaher Fund to the extent possible so that the voting instructions to the
Gallaher ADR depositary with respect to such matter are provided in a manner which reflects as accurately as possible the collective directions given by Participants, former Participants and Beneficiaries. In giving directions to the Trustee as
provided in this Section 5.24(b), each Participant, former Participant or 

  

 50 

 
Beneficiary will be acting as a named fiduciary within the meaning of Section 403(a)(1) of ERISA (“Named Fiduciary”) with respect to the
voting rights of Gallaher ADRs in accordance with such directions pursuant to this Section 5.24(b). For purposes of this Section 5.24, the number of Gallaher ADRs attributable at any particular time to the interest of a Participant, former
Participant or Beneficiary in the Gallaher Fund will be the product of the total number of ADRs then held in the Gallaher Fund multiplied by a fraction, the numerator of which is the value of the Gallaher Fund then in his or her Accounts and the
denominator of which is the total value of the Gallaher Fund. 
 (c) Trustee to Communicate Voting Procedures. The
Trustee will communicate or cause to be communicated to all Participants, former Participants and Beneficiaries the procedures regarding the voting of Gallaher ADRs held in the Gallaher Fund. The Trustee will distribute or cause to be distributed as
promptly as possible to all Participants, former Participants and Beneficiaries entitled to give directions to the Trustee as to voting with respect to any matter all communications and other materials, if any, that the Trustee may receive from any
person or entity that are being distributed to the holders of Gallaher ADRs and either are directed generally to such holders or relate to any matter on which holders of Gallaher ADRs are entitled to provide voting instructions by proxy, consent or
otherwise, and Fortune will promptly furnish to the Trustee all such communications and other materials, if any, as are being distributed by or on behalf of Gallaher. Fortune will provide the Trustee with such information, documents and assistance
as the Trustee may reasonably request in connection with any communications or distributions to Participants, former Participants and Beneficiaries as aforesaid. This information will include the names and current addresses of Participants, former
Participants and Beneficiaries and the Gallaher ADRs credited to the accounts of each of them, upon which the Trustee may conclusively rely. Notwithstanding any other provision of this Section 5.24, the Plan or the Trust Agreement to the
contrary, except if the Participating Employers serve as recordkeeper, to the extent necessary to provide the Participating Employers with information necessary accurately to maintain records of the interest in the Plan of Participants, former
Participants and Beneficiaries, the Trustee will use its best efforts (1) to keep confidential the direction (or the absence thereof) from each Participant, former Participant or Beneficiary in connection with the voting of Gallaher ADRs held
in the Gallaher Fund and the identity of such Participant, former Participant or Beneficiary, and (2) not to divulge such direction or identity to any person or entity, including, without limitation, Gallaher, Fortune, any other Participating
Employer and any Non-Participating Employer and any director, officer, employee or agent thereof. It is the intent of this Section 5.24 that Gallaher, Fortune, each other Participating Employer, and each Non-Participating Employer and their
directors, officers, employees and agents not be able to ascertain the direction given (or not given) by any Participant, former Participant or Beneficiary in connection with the voting of Gallaher ADRs. 
  

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 (d) Invalidity. If a court of competent jurisdiction issues an opinion, order or
decree which, in the opinion of counsel to Fortune or the Trustee, will, in all or any particular circumstances, (1) invalidate under ERISA or otherwise any provision or provisions of the Plan or the Trust Agreement with respect to the voting
of Gallaher ADRs held in the Gallaher Fund, (2) cause any such provision or provisions to conflict with ERISA, or (3) require the Trustee not to act or such voting rights not to be exercised in accordance with such provision or provisions,
then, upon written notice thereof to the Trustee (in the case of an opinion of counsel to Fortune) or to Fortune (in the case of an opinion of counsel to the Trustee) such provision or provisions will be given no further force or effect in such
circumstances. Except to the extent otherwise specified in such opinion, order or decree, the Trustee will have no discretion or authority in such circumstances to provide voting instructions with respect to Gallaher ADRs held in the Gallaher Fund,
but will exercise such voting rights in accordance with the most recent timely directions received from Participants, former Participants and Beneficiaries to the extent such directions have not been invalidated. To the extent the Trustee exercises
any fiduciary responsibility it may have in any circumstances with respect to providing voting instructions regarding Gallaher ADRs held in the Gallaher Fund, the Trustee in exercising its fiduciary responsibility, unless pursuant to the
requirements of ERISA or otherwise it is unlawful to do so, will take into account directions timely received from Participants, former Participants and Beneficiaries as being valid directions. 
 5.25 Tendering of Gallaher ADRs. 
 (a) Tender by Trustee. Notwithstanding any other provision of the Plan or the Trust Agreement to the contrary, the Trustee will have no discretion or authority to tender, deposit, sell, exchange or transfer any
Gallaher ADRs held in the Gallaher Fund (or to give directions to the Gallaher ADR depositary with respect to securities underlying the Gallaher ADRs) pursuant to any tender offer (as defined herein) except as provided in this Section 5.25. For
purposes of this Section 5.25, a “tender offer” will mean any tender or exchange offer for or request or invitation for tenders or exchanges of Gallaher ADRs (or securities underlying the Gallaher ADRs) and will include, without
limitation, any such tender offer made by or on behalf of Gallaher. 
 (b) Participant Direction. Each Participant,
former Participant or Beneficiary will be entitled to direct the Trustee, and the Trustee will solicit the direction of such Participant, former Participant or Beneficiary, as to the tendering, depositing, selling, exchanging or transferring of
Gallaher ADRs attributable to his proportionate interest in the Gallaher 

  

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Fund (or to provide instructions to the Gallaher ADR depositary with respect to securities underlying the Gallaher ADRs) pursuant to any tender offer, and
the Trustee will tender, deposit, sell, exchange or transfer Gallaher ADRs (or will retain such shares in the Gallaher Fund) (or will provide instructions to the Gallaher ADR depositary with respect to securities underlying the Gallaher ADRs)
pursuant to such tender offer in accordance with the most recent timely direction received by the Trustee from such Participant, former Participant or Beneficiary. With respect to Gallaher ADRs held in the Gallaher Fund as to which timely directions
have not been received by the Trustee from Participants, former Participants and Beneficiaries, such Participants, former Participants and Beneficiaries will be deemed to have directed the Trustee to retain such Gallaher ADRs in the Gallaher Fund
(or to provide instructions to the Gallaher ADR depositary that securities underlying the Gallaher ADRs be retained by the Gallaher ADR depositary) subject to all provisions of the Plan and the Trust Agreement and not be tendered, deposited, sold,
exchanged or transferred pursuant to such tender offer, and the Trustee will act in accordance therewith. In the event that, under the terms of such tender offer or otherwise, any Gallaher ADRs (or securities underlying Gallaher ADRs) tendered or
deposited pursuant thereto may be withdrawn, the Trustee will use its best efforts to solicit the direction of each Participant, former Participant or Beneficiary as to the exercise of withdrawal rights with respect to Gallaher ADRs (or securities
underlying Gallaher ADRs) that have been tendered or deposited pursuant to this Section 5.25, and the Trustee will exercise (or refrain from exercising) (or instruct the Gallaher ADR depositary to exercise or refrain from exercising) such
withdrawal rights in the same manner as will reflect the most recent timely directions received with respect thereto. The Trustee will not withdraw Gallaher ADRs (or instruct the Gallaher ADR depositary to withdraw securities underlying Gallaher
ADRs) except pursuant to a timely direction of a Participant, former Participant or Beneficiary. The Trustee will combine fractional interests of Participants, former Participants and Beneficiaries in Gallaher ADRs held in the Gallaher Fund to the
extent possible so that such Gallaher ADRs are tendered, deposited, sold, exchanged or transferred, and withdrawal rights with respect thereto are exercised, in a manner which reflects as accurately as possible the collective directions given or
deemed to have been given by Participants, former Participants and Beneficiaries in accordance with this Section 5.25. In giving or being deemed to have given directions to the Trustee as provided in this Section 5.25(b), each Participant,
former Participant or Beneficiary will be acting as a Named Fiduciary in accordance with such directions pursuant to this Section 5.25(b). 
 (c) Trustee to Communicate Tender Procedures. In the event of a tender offer as to which Participants, former Participants and Beneficiaries are entitled to give directions as provided in this
Section 5.25, the Trustee will communicate or cause to be communicated to all 

  

 53 

 
Participants, former Participants and Beneficiaries entitled to give directions the procedures relating to their right to give directions as Named
Fiduciaries to the Trustee and in particular the consequences of any failure to provide timely direction to the Trustee. In the event of such a tender offer, the Trustee will distribute or cause to be distributed as promptly as possible to all
Participants, former Participants and Beneficiaries entitled to give directions to the Trustee with respect to such tender offer all communications and other materials, if any, that the Trustee may receive from any person or entity that are being
distributed to the holders of the securities to whom such tender offer is directed and either are directed generally to such holders or relate to such tender offer. Fortune will provide the Trustee with such information, documents and assistance as
the Trustee may reasonably request in connection with any communications or distributions to Participants, former Participants and Beneficiaries as aforesaid. This information will include the names and current addresses of Participants, former
Participants and Beneficiaries and the Gallaher ADRs or securities underlying such Gallaher ADRs credited to the accounts of each of them, upon which the Trustee may conclusively rely. Notwithstanding any other provision of this Section 5.25,
the Plan or the Trust Agreement to the contrary, except if the Participating Employers serve as recordkeeper, to the extent necessary to provide the Participating Employers with information necessary accurately to maintain records of the interest in
the Plan of Participants, former Participants and Beneficiaries, the Trustee will use its best efforts (1) to keep confidential the direction (or the absence thereof) from each Participant, former Participant or Beneficiary with respect to any
tender offer and the identity of such Participant, former Participant or Beneficiary, and (2) not to divulge such direction or identity to any person or entity, including, without limitation, Gallaher, Fortune, any other Participating Employer
and any Non-Participating Employer and any director, officer, employee or agent thereof. It is the intent of this Section 5.25 that Gallaher, Fortune, each other Participating Employer and each Non-Participating Employer and their directors,
officers, employees and agents not be able to ascertain the direction given (or not given) or deemed to have been given by any Participant, former Participant or Beneficiary with respect to any tender offer. 
 (d) Invalidity. If a court of competent jurisdiction issues an opinion, order or decree which, in the opinion of counsel to Fortune
or the Trustee, will, in all or any particular circumstances, (1) invalidate under ERISA or otherwise any provision or provisions of the Plan or the Trust Agreement with respect to the tendering, depositing, sale, exchange or transfer of
Gallaher ADRs (or securities underlying Gallaher ADRs) held in the Gallaher Fund or the exercise of any withdrawal rights with respect to Gallaher ADRs (or securities underlying Gallaher ADRs) tendered or deposited pursuant to a tender offer,
(2) cause any such provision or provisions to conflict with ERISA, or (3) require the Trustee not to act or 

  

 54 

 
such Gallaher ADRs (or securities underlying Gallaher ADRs) not to be tendered, deposited, sold, exchanged or transferred or such withdrawal rights not to be
exercised in accordance with such provision or provisions, then, upon written notice thereof to the Trustee (in the case of an opinion of counsel to Fortune) or to Fortune (in the case of an opinion of counsel to the Trustee) such provision or
provisions will be given no further force or effect in such circumstances. Except to the extent otherwise specified in such opinion, order or decree, the Trustee will have no discretion or authority in such circumstances to tender, deposit, sell,
transfer or exchange Gallaher ADRs held in the Gallaher Fund (or the retention of such shares in the Gallaher Fund), or to give instructions to the Gallaher ADR depositary with respect to securities underlying Gallaher ADRs, pursuant to a tender
offer or with respect to the exercise of (or refraining from exercising) any withdrawal rights with respect thereto, but will act in accordance with the most recent timely directions received from Participants, former Participants and Beneficiaries
to the extent such directions have not been invalidated. To the extent the Trustee exercises any fiduciary responsibility it may have in any circumstances with respect to the tendering, depositing, sale, exchange or transfer of Gallaher ADRs held in
the Gallaher Fund, or giving instructions to the Gallaher ADR depositary with respect to securities underlying Gallaher ADRs, or the exercise of any withdrawal rights with respect thereto, the Trustee in exercising its fiduciary responsibility,
unless pursuant to the requirements of ERISA or otherwise it is unlawful to do so, will take into account directions timely received from Participants, former Participants and Beneficiaries as being valid directions. 
 (e) Proceeds of Tender. The proceeds of any sale, exchange or transfer of Gallaher ADRs (or securities underlying Gallaher ADRs)
pursuant to the direction of a Participant, former Participant or Beneficiary will be allocated pursuant to the directions of a Participant, former Participant or Beneficiary and, absent a direction, will be invested in the age-appropriate Lifestyle
Fund based on uniform procedures established by the Plan Administrator and will not be held in the Gallaher Fund. 
 5.26 Voting of Shares
in Mutual Funds. At the time of mailing of notice of each annual or special stockholders’ meeting of any mutual fund under any Investment Fund, the Trustee will send a copy of the notice and all proxy solicitation materials to each
Participant, former Participant and Beneficiary who has shares of the mutual fund credited to such Participant’s, former Participant’s or Balanced Accounts, together with a voting direction form for return to the Trustee or its designee.
Participants, former Participants and Beneficiaries will have the right to direct the Trustee as to the manner in which the Trustee is to vote shares credited to the Accounts of such Participant, former Participant or Beneficiary that are invested
in mutual funds under Investment Funds. The Trustee will vote the shares as directed by the Participant, former Participant or Beneficiary. The Trustee will not vote shares for which it has not received a direction from the Participant, former
Participant or Beneficiary. During the Transition Period described in Section 5.02(f), the Trusts Investment 

  

 55 

 
Committee will have the right to direct the Trustee as to the manner in which the Trustee is to vote the shares of the mutual funds in the Investment Funds.
The Trusts Investment Committee will have the right to direct the Trustee as to the manner in which the Trustee is to vote the mutual fund shares held in the short-term liquidity reserves in the Fortune Stock Fund, ACCO Stock Fund and Gallaher Fund.
With respect to all additional rights relating to shares held in the mutual funds under the Investment Funds, the Trustee will follow the directions of the Participants, former Participants and Beneficiaries and, if no such directions are received,
the directions of the Trusts Investment Committee. 
 5.27 Unitized Fortune Stock Fund and Gallaher Fund. The value of a unit in the
Fortune Stock Fund, Gallaher Fund or the ACCO Stock Fund (‘Closing Unit Value’) will be determined on each Business Day by dividing the Fair Market Value of such fund by the number of units in such fund before taking into account Additions
to and Reductions from such fund (as defined below). After the Closing Unit Value is determined, at the Close of Business on each Business Day, the total number of units in the Fortune Stock Fund, Gallaher Fund and ACCO Stock Fund will be
re-determined to take into account new units resulting from Additions to such fund (as defined below) and canceled units resulting from Reductions from such fund (as defined below). As of the Close of Business on such Business Day, the total number
of new units resulting from Additions to the Fortune Stock Fund, Gallaher Fund and ACCO Stock Fund will be the number equal to (A) the total amount of the Additions to such fund divided by (B) the Closing Unit Value. As of the Close of
Business on such Business Day, the total number of units to be canceled under the Fortune Stock Fund, Gallaher Fund and ACCO Stock Fund will be the number equal to (A) the total amount of Reductions from such fund divided by (B) the
Closing Unit Value. Whenever all or any part of the Account Balances in the Fortune Stock Fund, Gallaher Fund or ACCO Stock Fund is reduced from such fund as a result of a Reduction, the value of the reduced amount will equal the Closing Unit Value
multiplied by the number of whole and fractional units credited to such Accounts. For purposes of this Section 5.27, ‘Additions’ means any amounts added to the Fortune Stock Fund, Gallaher Fund or ACCO Stock Fund during the day as a
result of contributions to, reinstatement of Account Balances under and interfund transfers pursuant to the provisions of the Plan into such fund since the Close of Business on the immediately preceding Business Day. For purposes of this
Section 5.27 ‘Reductions’ means any amounts reduced from the Fortune Stock Fund, Gallaher Stock Fund or ACCO Stock Fund as a result of any in-service withdrawals, loans, distributions, interfund transfers, return of any excess amounts
and forfeitures pursuant to the provisions of the Plan from such fund since the Close of Business on the immediately preceding Business Day. 
 5.28 Administration of the ACCO Stock Fund. 
 (a) ACCO Common Stock Transferred to ACCO Stock Fund.
ACCO Common Stock received by the Fortune Stock Fund in the ACCO Spin-Off will be transferred to the ACCO Stock Fund. 
 (b)
Distributions With Respect to ACCO Common Stock. The proceeds of any distribution received by the ACCO Stock Fund with respect to ACCO Common Stock will be invested in the other Investment Funds on a pro rata basis in accordance with each
Participant’s current 

  

 56 

 
investment election under Section 5.02 for Tax Deferred Contributions. Nothing in this Section 5.28(b), however, restricts the Trustee’s
ability to retain in the ACCO Stock Fund any additional ACCO Common Stock received as a result of a stock dividend, stock split or similar transaction. Contributions will not be invested in the ACCO Stock Fund, nor may any transfers be made to the
ACCO Stock Fund from any of the other Investment Funds. 
 5.29 Voting of Shares in ACCO Stock Fund. 
 (a) Trustee Voting. Notwithstanding any other provision of the Plan or the Trust Agreement to the contrary, the Trustee will have
no discretion or authority to provide any voting instructions with respect to ACCO Common Stock held in the ACCO Stock Fund except as provided in this Section 5.29. 
 (b) Participant Direction. Each Participant, former Participant or Beneficiary will be entitled to direct the Trustee, and the
Trustee will solicit the direction of such Participant, former Participant or Beneficiary, as to the manner in which any voting rights of shares in the ACCO Stock Fund attributable to his proportionate interest in the ACCO Stock Fund are to be
exercised with respect to any matter on which holders of ACCO Common Stock are entitled to vote by proxy, consent or otherwise, and the Trustee will exercise the voting rights of such shares with respect to such matter in accordance with the most
recent timely direction received by the Trustee from such Participant, former Participant or Beneficiary. With respect to the voting of ACCO Common Stock held in the ACCO Stock Fund as to which timely directions have not been received by the
Trustee, the Trustee will exercise the voting rights of such shares in the same manner and in the same proportion in which the voting rights of such shares as to which such directions were timely received by the Trustee are to be exercised as
provided in the preceding sentence. The Trustee will combine fractional interests of Participants, former Participants and Beneficiaries in shares of ACCO Common Stock held in the ACCO Stock Fund to the extent possible so that the voting rights with
respect to such matter are exercised in a manner which reflects as accurately as possible the collective directions given by Participants, former Participants and Beneficiaries. In giving directions to the Trustee as provided in this
Section 5.29(b), each Participant, former Participant or Beneficiary will be acting as a named fiduciary within the meaning of Section 403(a)(l) of ERISA (‘Named Fiduciary’) with respect to the voting rights of ACCO Common Stock
in accordance with such directions pursuant to this Section 5.29(b). For purposes of this Section 5.29, the number of shares of ACCO Common Stock attributable at any particular time to the interest of a Participant, former Participant or
Beneficiary in the ACCO Stock Fund will be the product of the total number of shares then held in the ACCO Stock Fund multiplied by a fraction, the numerator of which is the value of the ACCO Stock Fund then in his or her Accounts and the
denominator of which is the total value of the ACCO Stock Fund. 
  

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 (c) Trustee to Communicate Voting Procedures. The Trustee will communicate or
cause to be communicated to all Participants, former Participants and Beneficiaries the procedures regarding the voting of ACCO Common Stock held in the ACCO Stock Fund. The Trustee will distribute or cause to be distributed as promptly as possible
to all Participants, former Participants and Beneficiaries entitled to give directions to the Trustee as to voting with respect to any matter all communications and other materials, if any, that the Trustee may receive from any person or entity that
are being distributed to the holders of ACCO Common Stock and either are directed generally to such holders or relate to any matter on which holders of ACCO Common Stock are entitled to provide voting instructions by proxy, consent or otherwise.
Fortune will provide the Trustee with such information, documents and assistance as the Trustee may reasonably request in connection with any communications or distributions to Participants, former Participants and Beneficiaries as aforesaid. This
information will include the names and current addresses of Participants, former Participants and Beneficiaries and the number of shares of ACCO Common Stock credited to the accounts of each of them, upon which the Trustee may conclusively rely.
Notwithstanding any other provision of this Section 5.29, the Plan or the Trust Agreement to the contrary, except if the Participating Employers serve as recordkeeper, to the extent necessary to provide the Participating Employers with
information necessary accurately to maintain records of the interest in the Plan of Participants, former Participants and Beneficiaries, the Trustee will use its best efforts (1) to keep confidential the direction (or the absence thereof) from
each Participant, former Participant or Beneficiary in connection with the voting of ACCO Common Stock held in the ACCO Stock Fund and the identity of such Participant, former Participant or Beneficiary, and (2) not to divulge such direction or
identity to any person or entity, including, without limitation, ACCO, Fortune, any other Participating Employer and any Non-Participating Employer and any director, officer, employee or agent thereof. It is the intent of this Section 5.29 that
ACCO, Fortune, each other Participating Employer, and each Non-Participating Employer and their directors, officers, employees and agents not be able to ascertain the direction given (or not given) by any Participant, former Participant or
Beneficiary in connection with the exercise of voting rights of share of ACCO Common Stock. 
 (d) Invalidity. If a
court of competent jurisdiction issues an opinion, order or decree which, in the opinion of counsel to Fortune or the Trustee, will, in all or any particular circumstances, (1) invalidate under ERISA or otherwise any provision or provisions of
the Plan or the Trust Agreement with respect to the exercise of voting rights of shares of ACCO Common Stock held in the ACCO Stock Fund, (2) cause any such 

  

 58 

 
provision or provisions to conflict with ERISA, or (3) require the Trustee not to act or such voting rights not to be exercised in accordance with such
provision or provisions, then, upon written notice thereof to the Trustee (in the case of an opinion of counsel to Fortune) or to Fortune (in the case of an opinion of counsel to the Trustee) such provision or provisions will be given no further
force or effect in such circumstances. Except to the extent otherwise specified in such opinion, order or decree, the Trustee will have no discretion or authority in such circumstances to provide exercise voting rights with respect to ACCO Common
Stock held in the ACCO Stock Fund, but will exercise such voting rights in accordance with the most recent timely directions received from Participants, former Participants and Beneficiaries to the extent such directions have not been invalidated.
To the extent the Trustee exercises any fiduciary responsibility it may have in any circumstances with respect to providing any exercise of voting rights of shares of ACCO Common Stock held in the ACCO Stock Fund, the Trustee in exercising its
fiduciary responsibility, unless pursuant to the requirements of ERISA or otherwise it is unlawful to do so, (1) will take into account directions timely received from Participants, former Participants and Beneficiaries as being valid
directions, and (2) will take into consideration any relevant non-financial factors in addition to any financial factors bearing on any exercise of such voting rights. 
 5.30 Tendering of ACCO Common Stock. 
 (a) Tender by Trustee. Notwithstanding any other provision of the Plan or the Trust Agreement to the contrary, the Trustee will have no discretion or authority to tender, deposit, sell, exchange or transfer any
ACCO Common Stock (which, for purposes of this Section 5.30, will include any rights within the meaning of Section 5.31(a)) held in the ACCO Stock Fund pursuant to any tender offer (as defined herein) except as provided in this
Section 5.30. For purposes of this Section 5.30, a ‘tender offer’ will mean any tender or exchange offer for or request or invitation for tenders or exchanges of ACCO Common Stock and will include, without limitation, any such
tender offer made by or on behalf of ACCO. 
 (b) Participant Direction. Each Participant, former Participant or
Beneficiary will be entitled to direct the Trustee, and the Trustee will solicit the direction of such Participant, former Participant or Beneficiary, as to the tendering, depositing, selling, exchanging or transferring of ACCO Common Stock
attributable to his proportionate interest in the ACCO Stock Fund pursuant to any tender offer, and the Trustee will tender, deposit, sell, exchange or transfer ACCO Common Stock (or will retain such shares in the ACCO Stock Fund) pursuant to such
tender offer in accordance with the most recent timely direction received by the Trustee from such Participant, former Participant or Beneficiary. With respect to ACCO Common Stock held in the ACCO Stock Fund as to which timely 

  

 59 

 
directions have not been received by the Trustee from Participants, former Participants and Beneficiaries, such Participants, former Participants and
Beneficiaries will be deemed to have directed the Trustee to retain such shares in the ACCO Stock Fund subject to all provisions of the Plan and the Trust Agreement and applicable law and not be tendered, deposited, sold, exchanged or transferred
pursuant to such tender offer, and the Trustee will act in accordance therewith. If, under the terms of such tender offer or otherwise, any ACCO Common Stock tendered or deposited pursuant thereto may be withdrawn, the Trustee will (1) use its
best efforts to solicit the direction of each Participant, former Participant or Beneficiary as to the exercise of withdrawal rights with respect to ACCO Common Stock that have been tendered or deposited pursuant to this Section 5.30, and
(2) exercise (or refrain from exercising) such withdrawal rights in the same manner as will reflect the most recent timely directions received with respect to the exercise of such withdrawal rights. The Trustee will not withdraw ACCO Common
Stock except pursuant to a timely direction of a Participant, former Participant or Beneficiary. The Trustee will combine fractional interests of Participants, former Participants and Beneficiaries in ACCO Common Stock held in the ACCO Stock Fund to
the extent possible so that shares of ACCO Common Stock are tendered, deposited, sold, exchanged or transferred, and withdrawal rights with respect thereto are exercised, in a manner which reflects as accurately as possible the collective directions
given or deemed to have been given by Participants, former Participants and Beneficiaries in accordance with this Section 5.30. In giving or being deemed to have given directions to the Trustee as provided in this Section 5.30(b), each
Participant, former Participant or Beneficiary will be acting as a Named Fiduciary in accordance with such directions pursuant to this Section 5.30(b). 
 (c) Trustee to Communicate Tender Procedures. In the event of a tender offer as to which Participants, former Participants and
Beneficiaries are entitled to give directions as provided in this Section 5.30, the Trustee will communicate or cause to be communicated to all Participants, former Participants and Beneficiaries entitled to give directions the procedures
relating to their right to give directions as Named Fiduciaries to the Trustee and in particular the consequences of any failure to provide timely direction to the Trustee. In the event of such a tender offer, the Trustee will distribute or cause to
be distributed as promptly as possible to all Participants, former Participants and Beneficiaries entitled to give directions to the Trustee with respect to such tender offer all communications and other materials, if any, that the Trustee may
receive from any person or entity that are being distributed to the holders of the securities to whom such tender offer is directed and either are directed generally to such holders or relate to such tender offer. Fortune will provide the Trustee
with such information, documents and assistance as the Trustee may reasonably request in connection with any communications or distributions to Participants, former Participants and Beneficiaries as 

  

 60 

 
aforesaid. This information will include the names and current addresses of Participants, former Participants and Beneficiaries and the shares of ACCO Common
Stock credited to the accounts of each of them, upon which the Trustee may conclusively rely. Notwithstanding any other provision of this Section 5.30, the Plan or the Trust Agreement to the contrary, except if the Participating Employers serve
as recordkeeper, to the extent necessary to provide the Participating Employers with information necessary accurately to maintain records of the interest in the Plan of Participants, former Participants and Beneficiaries, the Trustee will use its
best efforts (1) to keep confidential the direction (or the absence thereof) from each Participant, former Participant or Beneficiary with respect to any tender offer and the identity of such Participant, former Participant or Beneficiary, and
(2) not to divulge such direction or identity to any person or entity, including, without limitation, ACCO, Fortune, any Participating Employer and any Non-Participating Employer and any director, officer, employee or agent thereof. It is the
intent of this Section 5.30 that ACCO, Fortune, each other Participating Employer and each Non-Participating Employer and their directors, officers, employees and agents not be able to ascertain the direction given (or not given) or deemed to
have been given by any Participant, former Participant or Beneficiary with respect to any tender offer. 
 (d)
Invalidity. If a court of competent jurisdiction issues an opinion, order or decree which, in the opinion of counsel to Fortune or the Trustee, will, in all or any particular circumstances, (1) invalidate under ERISA or otherwise any
provision or provisions of the Plan or the Trust Agreement with respect to the tendering, depositing, sale, exchange or transfer of shares of ACCO Common Stock held in the ACCO Stock Fund or the exercise of any withdrawal rights with respect to
shares tendered or deposited pursuant to a tender offer, (2) cause any such provision or provisions to conflict with ERISA, or (3) require the Trustee not to act or such shares not to be tendered, deposited, sold, exchanged or transferred
or such withdrawal rights not to be exercised in accordance with such provision or provisions, then, upon written notice thereof to the Trustee (in the case of an opinion of counsel to Fortune) or to Fortune (in the case of an opinion of counsel to
the Trustee) such provision or provisions will be given no further force or effect in such circumstances. Except to the extent otherwise specified in such opinion, order or decree, the Trustee will have no discretion or authority in such
circumstances to tender, deposit, sell, transfer or exchange shares of ACCO Common Stock held in the ACCO Stock Fund (or the retention of such shares in the ACCO Stock Fund) pursuant to a tender offer or with respect to the exercise of (or
refraining from exercising) any withdrawal rights with respect thereto, but will act in accordance with the most recent timely directions received from Participants, former Participants and Beneficiaries to the extent such directions have not been
invalidated. To the extent the Trustee, in order to comply with ERISA or other applicable law, exercises any fiduciary 

  

 61 

 
responsibility it may have in any circumstances with respect to the tendering, depositing, sale, exchange or transfer of shares of ACCO Common Stock held in
the ACCO Stock Fund or the exercise of any withdrawal rights with respect thereto, the Trustee in exercising its fiduciary responsibility, unless pursuant to the requirements of ERISA or otherwise it is unlawful to do so, (1) will take into
account directions timely received from Participants, former Participants and Beneficiaries as being valid directions, and (2) to the extent that the Trustee deems it appropriate, will take into consideration any relevant non-financial factors
in addition to any financial factors bearing on any sale, exchange or transfer or any exercise of withdrawal rights. 
 (e)
Proceeds of Tender. The proceeds of any sale, exchange or transfer of shares of ACCO Common Stock pursuant to the direction of a Participant, former Participant or Beneficiary in accordance with this Section 5.30 will be allocated to his
Accounts in the same manner, in the same proportion and as of the same date as were the shares sold, exchanged or transferred and will be governed by the provisions of this Section 5.30(e) and all other applicable provisions of the Plan and the
Trust Agreement. Such proceeds will be deemed to be held in the ACCO Stock Fund and will be subject to other applicable provisions of the Plan and the Trust Agreement. Pending receipt of directions as to which of the remaining Investment Funds the
proceeds should be invested in, the proceeds shall be invested in the age-appropriate Lifestyle Fund based on uniform procedures established by the Plan Administrator. 
 5.31 Certain Rights Held in ACCO Stock Fund. 
 (a) Disposition of Preferred Share
Purchase Rights. If the Preferred Share Purchase Rights of ACCO (or any rights issued by ACCO in substitution or replacement thereof) held in the ACCO Stock Fund (‘rights’) become separately transferable or exercisable, the Trustee
shall dispose of the rights by selling the rights to ACCO at a price recommended by an independent financial advisor retained by the Trustee at ACCO’s expense. 
 (b) Exchange of Rights. If, prior to the sale of the rights by the Trustee to ACCO, ACCO determines to exchange the rights for
shares of ACCO Common Stock, the Trustee will surrender the rights that it holds in exchange for shares of ACCO Common Stock. 
 (c) Invalidity. If a court of competent jurisdiction issues an opinion, order or decree which, in the opinion of counsel to Fortune or the Trustee, will, in all or any particular circumstances, (1) invalidate under ERISA or
otherwise any provision or provisions of the Plan or the Trust Agreement with respect to the sale, exchange or retention of any rights held in the ACCO Stock Fund, (2) cause any such provision or provisions to 

  

 62 

 
conflict with ERISA, or (3) require the Trustee not to act or such rights not to be sold, exchanged or retained in accordance with such provision or
provisions, then, upon written notice thereof to the Trustee (in the case of an opinion of counsel to Fortune) or to Fortune (in the case of an opinion of counsel to the Trustee) such provision or provisions will be given no further force or effect
in such circumstances. To the extent that the Trustee is not permitted to follow the provisions of the Plan under the opinion, order or decree or under ERISA, Fortune and the Trustee shall jointly determine a mutually agreeable approach with respect
to the exercise, sale or exchange of the rights, as permitted under the aforementioned opinion, order or decree, and consistent with ERISA. Absent the determination of a mutually agreeable approach, the Trustee shall exercise, sell or exchange the
rights consistent with its responsibilities under ERISA. The Trustee shall in no event be required to retain the rights. 
 (d) Allocation of Proceeds. The proceeds of any sale, exercise or exchange of rights in accordance with this Section 5.31 will be allocated to the Account of a Participant, former Participant or Beneficiary in the same manner,
in the same proportion and as of the same date as were the shares to which the sold, exercised or exchanged rights were attributable and will be governed by all other applicable provisions of the Plan and the Trust Agreement. Such proceeds will be
deemed to be held in the ACCO Stock Fund and will be subject to provisions of the Plan and the Trust Agreement. Pending receipt of directions as to which of the remaining Investment Funds the proceeds should be invested in, the proceeds shall be
invested as designated in the Trust Agreement based on uniform procedures established by the Plan Administrator. 
 ARTICLE VI 
 ACCOUNTS 
 6.01 Participants’
Accounts. The Committee will maintain or cause to be maintained the following separate Accounts for each Participant (and, as long as may be appropriate, for each former Participant and Beneficiary): 
 (a) Profit-Sharing Account. A Profit-Sharing Account will be maintained for each Participant on whose behalf Profit-Sharing
Contributions are made pursuant to Article III of this Plan or on whose behalf profit-sharing or company discretionary contributions were made under a Prior Plan, and, subject to the following limitations, such contributions and any earnings and
losses thereon will be allocated to such Profit-Sharing Account. Any amounts maintained in the Profit-Sharing Account of a Participant attributable to profit-sharing contributions made under the Profit-Sharing Plan of American Brands, Inc. or the
Jim Beam Brands Co. Profit-Sharing and 401(k) Savings Plan will be limited to the portion of such profit-sharing contributions that were allocated to such Participant’s General Account under such Prior Plans, and any earnings and losses
thereon. 
  

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 (b) Tax Deferred Account. A Tax Deferred Account will be maintained for each
Participant on whose behalf Tax Deferred Contributions are made pursuant to Section 4.01 of this Plan and on whose behalf any tax deferred contributions were made under a Prior Plan, and such contributions and any earnings and losses thereon
will be allocated to such Tax Deferred Account. 
 (c) After-Tax Account. An After-Tax Account will be maintained for
each Participant on whose behalf After-Tax Contributions are made pursuant to Section 4.01 of this Plan and on whose behalf any after-tax contributions were made under a Prior Plan, and such contributions and any earnings and losses thereon
will be allocated to such After-Tax Account. 
 (d) Company Matching Account. A Company Matching Account will be
maintained for each Participant on whose behalf Company Matching Contributions are made pursuant to Section 4.02 of this Plan and on whose behalf any company matching contributions were made under a Prior Plan, except the Acushnet Company
Employee Savings Plan, and such contributions and any earnings and losses thereon will be allocated to such Company Matching Account. 
 (e) Rollover Account. A Rollover Account will be maintained for each Participant, on whose behalf any contributions (other than after-tax contributions) have been rolled over to this Plan pursuant to
Section 4.03 of this Plan and, except as otherwise specified in this Section 6.01, on whose behalf any contributions (other than after-tax contributions) have been transferred or rolled over from a Prior Plan, and such amounts and any
earnings and losses thereon will be allocated to such Account. 
 (f) Grandfathered Withdrawal Account. A Grandfathered
Withdrawal Account will be maintained for each Participant (1) on whose behalf a Withdrawal Account was maintained under the Profit-Sharing Plan of American Brands, Inc. or the Jim Beam Brands Co. Profit-Sharing and 401(k) Savings Plan as of
December 31, 1995, or (2) on whose behalf a Company Contribution Account, Employee Savings Account, Rollover Contribution Account, Transferred General Mills Plan Account or Tax Deductible Account was maintained under the Acushnet Company
Employee Savings Plan as of December 31, 1995, and amounts in such accounts (other than any amounts attributable to after-tax contributions) and earnings and losses thereon will be allocated to such Grandfathered Withdrawal Account as of
January 1, 1996. 
  

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 (g) Grandfathered After-Tax Account. A Grandfathered After-Tax Account will be
maintained for each Participant (1) on whose behalf a Deposit Account or Post-Tax Transfer Contribution Account was maintained under the Profit-Sharing Plan of American Brands, Inc. or the Jim Beam Brands Co. Profit-Sharing and 401(k) Savings
Plan as of December 31, 1995, or (2) on whose behalf an Employee Savings Account or Rollover Account, to which after-tax contributions were made, was maintained under the Acushnet Company Employee Savings Plan as of December 31, 1995,
and any after-tax contributions in such accounts and earnings and losses thereon will be allocated to such Grandfathered After-Tax Account as of January 1, 1996. 
 (h) Wild Horse Matching Account. A Wild Horse Matching Account will be maintained for each Participant on whose behalf an employer
matching account was maintained under the Wild Horse Winery 401(k) Profit Sharing Plan as of December 31, 2003, and any amounts in such account and any earnings and losses thereon will be allocated to the Wild Horse Matching Account.

 (i) Catch-Up Account. A Catch-Up Account will be maintained for each Participant, on whose behalf catch-up
contributions are made pursuant to Section 4.10 of this Plan and on whose behalf any catch-up contributions were made under a Prior Plan, and such contributions and any earnings and losses thereon will be allocated to such Catch-Up Account.

 (j) After-Tax Rollover Account. An After-Tax Rollover Account will be maintained for each Participant, on whose
behalf any after-tax contributions have been rolled over to this Plan pursuant to Section 4.03 of this Plan and, except as otherwise specified in this Section 6.01, on whose behalf any after-tax contributions have been transferred or
rolled over from a Prior Plan, and such amounts and any earnings and losses thereon will be allocated to such After-Tax Rollover Account. 
 (k) Cash Option Account. A Cash Option Account will be maintained for each Participant on whose behalf cash option contributions had been made under the Plan prior to January 1, 2002, and such
contributions and any earnings and losses thereon will be allocated to such Cash Option Account. 
 (l) Therma-Tru and Beam
Wine Estates Qualified Nonelective Account. A Therma-Tru and Beam Wine Estates Qualified Nonelective Account will be maintained for each Participant on whose behalf safe harbor nonelective contributions were made under the Therma-Tru 401(k)
Retirement Savings Plan prior to September 1, 2005, on whose behalf Therma-Tru Qualified Nonelective Contributions are made on or following September 1, 2005 pursuant to Section 4.02A of this Plan, and on whose 

  

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behalf a special 2006 contribution for Employees of Beam Wine Estates, Inc. is made pursuant to Exhibit C of this Plan. Such contributions, and any earnings
and losses thereon, will be allocated to the Participant’s Therma-Tru and Beam Wine Estates Qualified Nonelective Account. 
 (m) Therma-Tru Prior Employer Account. A Therma-Tru Prior Employer Account will be maintained for each Participant on whose behalf a separate account attributable to employer contributions to a prior plan, which merged into the
Therma-Tru 401(k) Retirement Savings Plan, was maintained under the Therma-Tru 401(k) Retirement Savings Plan as of September 1, 2005. Any amounts in such account, and any earnings and losses thereon, will be allocated to the Participant’s
Therma-Tru Prior Employer Account. 
 (n) Therma-Tru Profit-Sharing Account. A Therma-Tru Profit-Sharing Account will
be maintained for each Participant on whose behalf discretionary employer contributions were made under the Therma-Tru 401(k) Retirement Savings Plan prior to September 1, 2005 and on whose behalf Therma-Tru Profit-Sharing Contributions are
made on or following September 1, 2005 pursuant to 3.02B of the Plan. Such contributions, and any earnings and losses thereon, will be allocated to the Participant’s Therma-Tru Profit-Sharing Account. 
 (o) CSI Donner Account. A CSI Donner Account will be maintained for each Participant on whose behalf contributions were made under
the CSI Donner 401(k) Retirement Plan, which merged into the Fortune Brands Retirement Savings Plan. Such contributions, and any earnings and losses thereon, will be allocated to the Participant’s CSI Donner Account. 
 (p) Future Brands Account. A Future Brands Account will be maintained for each Participant on whose behalf employer contributions
were made under the Future Brands LLC Retirement Savings Plan. Any amounts in such Account, and any earnings and losses thereon, will be allocated to the Participant’s Future Brands Account. 
 (q) Therma-Tru Money Purchase Account. A Therma-Tru Money Purchase Account will be maintained for each Participant on whose behalf
a separate account attributable to employer contributions was maintained under the Therma-Tru Corp. Western Operations Hourly Employees’ Retirement Plan, later maintained under the Fortune Brands Hourly Employee Retirement Savings Plan, and
then transferred to this Plan. Any amounts in such account and any earnings and losses thereon will be allocated to such Therma-Tru Money Purchase Account. 
 (r) Wines Matching Account. A Wines Matching Account will be maintained for each Participant on whose behalf Company 

  

 66 

 
Matching Contributions are made pursuant to Section 4.02(a)(5) of the Plan. Any amounts in such Account, and any earnings and losses thereon, will be
allocated to the Participant’s Wines Matching Account. 
 6.01A ESOP Subaccounts. The Committee will maintain or cause to be
maintained separate subaccounts in the Accounts of each Participant to reflect the value of the Participant’s Account Balances in the ESOP portion of the Plan and the Non-ESOP portion of the Plan. The ESOP subaccount will reflect the portion of
each Account invested in the Fortune Stock Fund. The Non-ESOP subaccount will reflect the portion of each Account invested in all Investment Funds other than the Fortune Stock Fund. 
 6.02 Allocation of Earnings and Losses to Accounts. Subject to a Participant’s dividend election under Section 5.03(f), earnings and
losses will be allocated to the Accounts of all Participants as of each Business Day by credit or deduction therefrom, as the case may be, of the increase or decrease in the value of the Investment Funds in which such Accounts are invested since the
immediately preceding Business Day attributable to interest, dividends, changes in market value, expenses and gains and losses realized from the sale of assets. 
 6.03 Allocation of Contributions to Accounts. As of the Close of Business on each Business Day, Tax Deferred Contributions, After-Tax Contributions, Company Matching Contributions, Profit-Sharing Contributions,
catch-up contributions, Rollover Contributions, and Therma-Tru Qualified Nonelective Contributions made to the Plan during the period then ended by or on behalf of each Participant will be credited to such Participant’s Tax Deferred Account,
After-Tax Account, Company Matching Account, Wines Matching Account, Profit-Sharing Account, Therma-Tru Profit-Sharing Account, Catch-Up Account, Rollover Account or After-Tax Rollover Account, and Therma-Tru and Beam Wine Estates Qualified
Nonelective Account, respectively. 
 6.04 Annual Additions Limitation. 
 (a) Maximum Annual Additions. Except as permitted under Section 4.10, the sum of Annual Additions (as defined in
Section 6.04(c)) to a Participant’s Accounts in any Plan Year will not exceed the lesser of: 
 (1) $40,000; or

 (2) 100% of the Participant’s Compensation (as defined for this purpose in Section 6.06). 
 The limitations set forth in (1) above will be adjusted annually for increases in the cost of living, in accordance with regulations issued by the
Secretary of the Treasury pursuant to the provisions of Code Section 415(d) (or such other Federal income tax statutory provisions as will at the time be applicable). 
 (b) Procedure for Preventing and Correcting Excess Annual Additions. If the Annual Additions to a Participant’s Accounts in
any Plan Year would exceed the maximum annual limits as a result of the allocation of Forfeitures, a reasonable error in estimating Compensation, a reasonable 

  

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error in determining the amount of elective deferrals or under such other facts and circumstances which the Commissioner of Internal Revenue finds
justifiable, the portion of any After-Tax Contributions, and thereafter any Profit-Sharing Contributions, and thereafter any Company Matching Contributions otherwise allocable to a Participant’s Accounts will be reduced by the amount necessary
to reduce the amount apportionable to a Participant to the lesser of the amounts set forth in Section 6.04(a)(1) or (2). If the Annual Additions to a Participant’s Accounts for 1996 or any subsequent Plan Year exceed the maximum annual
limits as a result of a reasonable error in estimating Compensation, a reasonable error in determining the amount of elective deferrals or under any such other facts and circumstances which the Commissioner of Internal Revenue finds justifiable, the
excess amount will be held unallocated in a suspense account. If a suspense account is in existence at any time during a Plan Year pursuant to this section, it will not participate in the allocation of any investment gains and losses. If a suspense
account is in existence at any time during a Plan Year, all amounts in the suspense account must be allocated and reallocated to Participants’ Accounts before any After-Tax Contributions, Profit-Sharing Contributions, Company Matching
Contributions or Tax Deferred Contributions may be made to the Plan for that Plan Year. Amounts allocated from the suspense account will be applied to reduce After-Tax Contributions, Profit-Sharing Contributions, Company Matching Contributions and
Tax Deferred Contributions in the order that they otherwise would have been contributed to the Plan. Except as permitted under regulations issued by the Secretary of Treasury pursuant to the provisions of Code Section 415, excess amounts may
not be distributed to Participants or former Participants. Notwithstanding the foregoing, excess contributions referred to in Section 4.05(c) and excess aggregate contributions referred to in Section 4.06(c) cannot be held unallocated in
the suspense account. 
 (c) Definition of Annual Additions. For purposes of this Plan, the term “Annual
Additions” means the amounts allocated to a Participant’s Accounts during the year that constitute: 
 (1) the
Company Matching Contributions, Profit Sharing Contributions, Therma-Tru Qualified Nonelective Contributions and any special contributions allocated to such Participant’s Accounts; 
 (2) the Tax Deferred Contributions and After-Tax Contributions allocated to such Participant’s Accounts; and 
 (3) Forfeitures. 
 (d) Consolidation of Defined Contribution Plans. For purposes of this Section 6.04, this Plan and any other qualified defined contribution plan maintained by a Participating Employer or Related Employer will be 

  

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considered as a single defined contribution plan if a Participant is a participant in both plans. Amounts allocated to a Participant’s individual
medical benefit account, as defined in Code Section 415(l)(1), which is part of a defined benefit plan maintained by a Participating Employer or Related Employer will be treated as annual additions to a defined contribution plan. Amounts
derived from contributions which are attributable to post retirement medical benefits allocated to the separate account of a Participant who is a key employee, as defined in Code Section 419A(d), under a welfare benefit fund, as defined in Code
Section 419(e), maintained by a Participating Employer or Related Employer, will be treated as annual additions to a defined contribution plan. Notwithstanding the foregoing, the compensation limit described in Section 6.04(a)(2) will not
apply to any contribution for medical benefits (within the meaning of Code Section 419A(f)(2)) after separation from service which is otherwise treated as an annual addition under Code Section 415(l)(1). If a reduction is necessary under
Section 6.04(b), then the reduction will be made to the Annual Additions under one of such plans as determined by the Committee and the governing bodies of such other plans. 
 6.05 Combined Maximum Limitations. With respect to Plan Years commencing prior to January 1, 2000, if any Participant is also participating
in any other qualified plan (within the meaning of Code Section 401) maintained by a Participating Employer or Related Employer, then for any limitation year, which will be the Plan Year, the sum of the “Defined Benefit Plan Fraction”
and the “Defined Contribution Plan Fraction” for such limitation year will not exceed one. For purposes of this Section 6.05, such sum will be determined in accordance with the following: 
 (a) The “Defined Benefit Plan Fraction” for any year is a fraction: 
 (1) the numerator of which is the projected annual benefit of the Participant under each defined benefit plan (determined as of the close
of the year); and 
 (2) the denominator of which is the lesser of the maximum dollar limitation in effect under Code
Section 415(b)(1)(A) for such limitation year times 1.25, or the amount which may be taken into account under Code Section 415(b)(1)(B) for such limitation year times 1.4. 
 (b) The “Defined Contribution Plan Fraction” for any year is a fraction: 
 (1) the numerator of which is the sum of the annual additions to the Participant’s account under each defined contribution plan as
of the close of the year; and 
  

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 (2) the denominator of which is the sum of the lesser of the following amounts
determined for such limitation year and each prior year of service with the Participating Employer or Related Employer: 
 (A) the product of 1.25 multiplied by the dollar limitation in effect under Code Section 415(c)(1)(A) for such limitation year; or 
 (B) the product of 1.4 multiplied by the amount which may be taken into account under Code Section 415(c)(1)(B) for such limitation year. 
 For purposes of this Section 6.05, all defined benefit or defined contribution plans will be treated as one plan by class. If the above limitation
would otherwise be exceeded in any limitation year, the Participant’s benefits under the defined benefit plans will be limited. If any such defined benefit plan fails to provide for such reduction of benefits, the annual additions under this
Plan will be reduced to the extent necessary to comply with the above limitation. 
 If the Plan satisfied the applicable
requirements of Code Section 415 as in effect for all limitation years beginning before April 1, 1987, an amount will be subtracted from the numerator of the Defined Contribution Plan Fraction (not exceeding such numerator), as prescribed
by the Secretary of the Treasury, so that the sum of the Defined Benefit Plan Fraction and the Defined Contribution Plan Fraction computed under Code Section 415(e)(1) does not exceed one. 
 Notwithstanding any other provision of this Plan to the contrary, effective as of January 1, 2000, this Section 6.05 will no
longer limit the benefits of any Participant and will be deleted from the Plan (and Sections 6.06 and 6.07 will automatically be redesignated as Sections 6.05 and 6.06, respectively) without need for further amendment. 
 6.06 Definition of Compensation for Purposes of Sections 4.05(f), 4.06(e), 6.04 and 6.05. Solely for the purpose of applying the limitations of
Sections 4.05(f), 4.06(e), 6.04 and 6.05, the term “Compensation” will mean a Participant’s W-2 income for the limitation year. Compensation for a limitation year beginning after December 31, 1997 will include compensation
actually paid or includible in gross income during such limitation year as well as any amount which is contributed or deferred by a Participating Employer at the election of the Participant and which is not includible in the gross income of the
Participant by reason of Code Sections 125 (including “deemed 125 compensation” as defined in Revenue Ruling 2002-27), 402(e)(3), 402(h) or 403(b) or, effective for limitation years beginning after December 31, 2000, Code
Section 132(f). 
 6.07 Limitation of Annual Unadjusted Earnings or Compensation. For purposes of this Plan, the Unadjusted
Earnings or Compensation of a Participant will be limited to $200,000 in each Plan Year (adjusted to reflect the dollar amount applicable under Section 401(a)(17) of the Code). 
  

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 ARTICLE VII 
 VESTING AND FORFEITURES 
 7.01 Participant Contributions. A Participant will at all times be 100%
vested in his Tax Deferred Account, Rollover Account, Grandfathered After-Tax Account, employee contributions and earnings thereon in his Grandfathered Withdrawal Account, After-Tax Account, After-Tax Rollover Account and Catch-Up Account.

 7.02 Employer Contributions. 
 (a) Company Matching Accounts. Each Employee who was a Participant in the Plan on the day before the Restatement Date will be 100% vested in his Company Matching Account. 
 Each Employee will be 100% vested in his Company Matching Account on the day after he completes one year of Vesting Service. In addition,
each Participant who was hired by Omega Cabinets, Ltd. prior to July 1, 2004, shall fully vest in his Company Matching Account upon the Participant’s attainment of age 55. 
 Each Employee of Peak Wines International, Inc. or Beam Wine Estates, Inc. will be vested in the percentage of the value of his Wines
Matching Account as set forth in the following table: 
  

				
	 Number of Years of
 Vesting Service
	  	 Vesting
 Percentage
	 
	 Less than 1
	  	0	%
	 1
	  	30	%
	 2
	  	60	%
	 3 or more
	  	100	%

 Each Participant will be vested in the percentage of the value of his Wild Horse
Matching Account as set forth in the following table: 
  

				
	 Number of Years of
 Vesting Service
	  	 Vesting
 Percentage
	 
	 Less than 2
	  	0	%
	 2
	  	20	%
	 3
	  	40	%
	 4
	  	60	%
	 5
	  	80	%
	 6 or more
	  	100	%

  

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 (b) Profit-Sharing Accounts. A Participant will be 100% vested in his Profit
Sharing Account on the first to occur of the following: 
 (1) his Retirement; 
 (2) his termination of employment by reason of Disability; 
 (3) the date of his death; 
 (4) his attainment of age 65; 
 (5) his completion of five years of Vesting Service if he is
employed by Fortune or seven years of Vesting Service if he is employed by a Beam Participating Employer; and 
 (6) his
Termination of Employment Without Fault. 
 Each Participant or former Participant who has a Profit-Sharing Account who terminates employment
with all Related Employers for a reason other than as stated in Section 7.02(b) (1) through (6) above will be vested in the percentage of the value of his Profit Sharing Account as set forth in the following table for his respective
Participating Employer: 
 (1) Fortune 
  

				
	 Number of Years of
 Vesting Service
	  	Vesting	 
	Less than 1	  	0	%
	1	  	20	%
	2	  	40	%
	3	  	60	%
	4	  	80	%
	5 or more	  	100	%

 (2) Beam Participating Employers 
  

				
	 Number of Years of
 Vesting Service
	  	 Vesting
 Percentage
	 
	 Less than 3
	  	0	%
	 3 but less than 4
	  	20	%
	 4 but less than 5
	  	40	%
	 5 but less than 6
	  	60	%
	 6 but less than 7
	  	80	%
	 7 or more
	  	100	%

  

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 (3) Omega Participating Employer 
 Notwithstanding the foregoing, each Covered Employee of Omega Cabinets, Ltd. who was hired by Omega Cabinets, Ltd. prior to July 1, 2004, will vest
in his Profit Sharing Account upon the Participant’s attainment of age 55 or, if sooner, pursuant to the vesting schedule applicable to Fortune. 
 (4) Therma-Tru Corp. Participating Employer 
 Notwithstanding the foregoing, each Employee of
Therma-Tru Corp. will be fully vested in his Therma-Tru Profit Sharing Account. 
 (c) Cash Option Accounts. A
Participant will at all times be 100% vested in any Cash Option Account that had been established for him under the terms of the Plan in effect prior to January 1, 2002. 
 (d) Grandfathered Withdrawal Accounts. Each Participant who is an Employee of Fortune, an Acushnet Participating Employer or a Beam
Participating Employer will at all times be 100% vested in his Grandfathered Withdrawal Account. Each Participant who is an Employee of a Beam Participating Employer will at all times be 100% vested in his Withdrawal Balance of any Grandfathered
Withdrawal Account and will be vested in any remaining balance of his Grandfathered Withdrawal Account in the same manner that his Profit-Sharing Account vests in accordance with Section 7.01(b). 
 (e) Therma-Tru and Beam Wine Estates Qualified Nonelective Account. Each Participant who is an Employee of Therma-Tru Corp. will at
all times be 100% vested in any Therma-Tru and Beam Wine Estates Qualified Nonelective Account established for him. 
 (f)
Therma-Tru Prior Employer Account. Each Participant who is an Employee of Therma-Tru Corp. will at all times be 100% vested in any Therma-Tru Prior Employer Account established for him. 
 (g) CSI Donner Account. Each Participant will at all times be 100% vested in any CSI Dormer Account established for him.

 (h) (h) Therma-Tru Money Purchase Account. Each Participant who is an Employee of Therma-Tru Corp. will at all
times be 100% vested in any Therma-Tru Money Purchase Account established for him. 
 (i) (i) Future Brands
Account. Each Participant will be vested in the percentage of the value of his Future Brands Account as set forth in the following table: 
  

				
	 Number of Years of
 Vesting Service
	  	 Vesting
 Percentage
	 
	 Less than 3
	  	0	%
	 3 but less than 4
	  	20	%
	 4 but less than 5
	  	40	%
	 5 but less than 6
	  	60	%
	 6 but less than 7
	  	80	%
	 7 or more
	  	100	%

  

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 7.03 Vesting in Prior Plan. Notwithstanding any other provision of this Plan to the contrary, a
Participant who participated in a Prior Plan will be vested in his Accounts at least to the extent he was vested under such Prior Plan. 
 7.04 Amendments to Vesting Schedule. No amendment to the Plan’s vesting schedules will deprive a Participant of his nonforfeitable rights to benefits accrued to the date of such amendment. If any vesting schedule of the Plan is
amended, each Participant with at least three years of Vesting Service may elect to have his nonforfeitable percentage determined without regard to such amendment. The period during which the election may be made will commence with the date the
amendment is adopted and will end on the later of: 
 (a) 60 days after the amendment is adopted; 
 (b) 60 days after the amendment is effective; and 
 (c) 60 days after the Participant is issued written notice of the amendment by Fortune. 
 7.05 Forfeitures. Any Account Balances in a Participant’s Accounts that do not become distributable pursuant to Article VIII will be regarded
as Forfeitures upon such Participant’s Severance From Service. All amounts forfeited in accordance with this Article VII will be used to reduce contributions of the Participant’s Participating Employer. Pending allocation to reduce
contributions of the Participant’s Participating Employer, such amounts will be invested in the Balanced Fund. 
 7.06 Reinstatement
of Account Balances. If a former Participant who has received a distribution of less than the full amount of his Account Balances thereafter becomes a Participant, the Participant may, provided a Break in Service of five years has not occurred,
repay in cash the amount of his Account Balances which previously had been distributed in accordance with Article VIII. Upon such repayment, the amount so repaid will be reinstated (a) as of the day on which such repayment is made if such
repayment is received by the Trustee before the Close of Business on a Business Day, or (b) as of the next Business Day, if such repayment is received by the Trustee on a day other than a Business Day or after the Close of Business on a
Business Day. Any such repaid amount will be nonforfeitable. If a Participant or former Participant who has made Tax Deferred Contributions resumes employment at any time, or if a Participant or former Participant who has received a distribution of
less than the full amount of his or her Account Balances resumes employment 

  

 74 

 
before incurring a Break in Service of five years, the amount of the Account Balances that the Participant or former Participant did not receive will be
reinstated as of the Business Day next succeeding or coincident with his or her reemployment, regardless of whether such Participant has repaid the amount of his or her Account Balances which previously had been distributed in accordance with
Article VIII. Such reinstated amounts will be invested in the age-appropriate Lifestyle Fund based on uniform procedures established by the Plan Administrator until such Participant makes an investment election on an Approved Form of Election with
respect to such reinstated amounts. If repayment or reinstatement of such amount is not made as provided herein, the amount of the Participant’s Account Balances previously distributed and the amount that the Participant did not receive will be
disregarded in the determination of the Participant’s Account Balances. For purposes of Section 7.06, a “Break in Service” means any period commencing with the Participant’s Severance From Service and continuing for at least
12 consecutive months until reemployment by any Related Employer. Notwithstanding the foregoing, any former Participant who terminated employment under a Prior Plan described in the first sentence of Section 1.01(eee) before January 1,
1996 and who becomes a Participant in this Plan, will be immediately 100% vested in any unvested Account Balances attributable to company matching contributions at the time of his termination of employment. 
 ARTICLE VIII 
 PAYMENTS 
 8.01 Form of Payment. 
 (a) Payment Forms. Except as otherwise set forth in Section 8.03, the vested percentage of the Participant’s Account Balances will be paid to or for the benefit of the Participant or his Beneficiary, as of the payment dates
specified in Section 8.02 and in such one or more of the following forms of settlement as the Participant or his Beneficiary elects: 
 (1) by a single payment in cash; 
 (2) by a single payment in whole shares of Fortune Common
Stock, Gallaher ADRs or ACCO Common Stock to the extent that the portion of such Participant’s Account Balances allocated to the Fortune Stock Fund, Gallaher Fund or ACCO Stock Fund is evenly divisible by the fair market value of such stocks or
Gallaher ADRs on the Business Day as of which such Account Balances are determined and the remainder of such Participant’s Account Balances in cash; or 
 (3) by periodic installments in cash during a period not to exceed the life expectancy of the Participant or former Participant or the
joint life expectancy of the Participant or former Participant and his or her designated Beneficiary determined at the date payments begin; provided, however, that unless the Participant elects otherwise, all distributions of the Participant’s
ESOP subaccounts will be made over a period not longer than 5 years, in compliance with Code Section 409(o). 
  

 75 

 (b) Conversion From Periodic Installments to Lump Sum. If a Participant, former
Participant or his Beneficiary is receiving periodic installments or is entitled to a deferred payment pursuant to Section 8.02, upon the request of such Participant, former Participant or Beneficiary through an Approved Form of Election, all
of the Account Balances will be paid in a single payment or otherwise applied for the benefit of such Participant, former Participant or Beneficiary. Such Account Balances will be valued (1) as of the day on which such request is received by
the Committee or its designee, if such request is received before the Close of Business on a Business Day, or (2) as of the next Business Day, if such request is received by the Committee or its designee on a day other than a Business Day or
after the Close of Business on a Business Day. Except as otherwise provided in Article IX, a Participant, former Participant or his Beneficiary who is receiving periodic installments or who is entitled to a deferred payment pursuant to
Section 8.02 may not receive a partial single sum payment of his Account Balances. 
 Notwithstanding the foregoing, a
former Participant who has attained age 55 or his Beneficiary, who is receiving periodic installments or is entitled to a deferred payment pursuant to Section 8.02, may elect through an Approved Form of Election to receive partial single sum
payments of his Account Balances in cash. Whenever a Participant’s Account Balances are withdrawn pursuant to this Section 8.01(b), such Account Balances will be reduced from his Accounts in the order prescribed in Section 9.02(d).
Such Account Balances will be valued (1) as of the day on which such request is received by the Committee or its designee, if such request is received before the Close of Business on a Business Day, or (2) as of the next Business Day, if
such request is received by the Committee or its designee on a day other than a Business Day or after the Close of Business on a Business Day. Notwithstanding the foregoing, for each former Participant (other than a Participant who Retired from an
Acushnet Participating Employer before January 1, 1996 (or his Benefciary)), no more than two such partial payments may be made in any 12-month period and the minimum amount of such partial payment will be $1,000. 
 (c) Allocation of Earnings and Losses. As long as a Participant, former Participant or his Beneficiary is receiving periodic
installments pursuant to Section 8.01(a)(3) or is entitled to a deferred payment pursuant to Section 8.02, such Participant, former Participant or Beneficiary will continue to share proportionately in the net income or losses of the
Investment Funds but will not share in any contributions of the Participating Employer for any Plan Year after the Participant becomes a former Participant other than the contribution for his last year of participation if he is otherwise eligible
for such contributions. 
  

 76 

 (d) Lump Sum Payment of Amounts of $1,000 or Less. Notwithstanding the foregoing,
if, at the time the Account Balances of a Participant, former Participant or Beneficiary become payable, the vested value of such Account Balances does not exceed $1,000, including the value of the Participant’s Rollover Account and After-Tax
Rollover Account, payment will be made as soon as practicable in a single cash payment. If the vested value of such Account Balances is zero, then such vested value will be deemed paid to the Participant immediately as a full payment of the vested
value of his Account Balances. Notwithstanding the foregoing, if the Participant, former Participant or Beneficiary has begun receiving payments and there is at least one periodic payment that has yet to be made, such vested value will not be paid
in a single payment in cash without such Participant’s or former Participant’s consent (and his spouse’s or surviving spouse’s consent, if applicable) 
 (e) Reduction of Account Balances and Investment Funds From Periodic Installments. Payments made in periodic installments pursuant
to Section 8.01(a)(3) will be withdrawn from a Participant’s Account Balances in the order prescribed in Section 9.02(d). Payments in periodic installments made pursuant to Section 8.01(a)(3) will be withdrawn from the Investment
Funds on a pro rata basis in which such Accounts are invested. 
 8.02 Time of Payment. 
 (a) Payment Upon Termination of Employment. Subject to Section 8.02(c) below, if a Participant terminates employment for any
reason (whether Retirement, Disability, Termination of Employment Without Fault, death or other reason), his vested Account Balances will be paid to or applied for the Participant’s benefit as soon as practicable following the later of the
Participant’s termination of employment or receipt by the Committee or its designee of a request for payment through an Approved Form of Election. Such Account Balances will be valued (1) as of the day on which such request is received by
the Committee or its designee, if such request is received before the Close of Business on a Business Day, or (2) as of the next Business Day, if such request is received by the Committee or its designee on a day other than a Business Day or
after the Close of Business on a Business Day. Payment will be made in one of the forms specified in Section 8.01 or Section 8.03, where applicable. Any Profit-Sharing Contribution allocable to the Participant’s Profit-Sharing Account
after the date of such payment will be paid in a single payment in cash as soon as practicable after such allocation. Except as otherwise provided in Section 8.01(b), if a Participant, former Participant or Beneficiary elects payment of his
Account Balances in periodic installments pursuant to Section 8.01(a)(3), the Participant, former Participant or Beneficiary may change the amount (either through a decrementing counter or fixed dollar amount) of such periodic installments no
more frequently than once per calendar year. 
  

 77 

 (b) Payment Beginning Date. Unless a Participant elects otherwise in accordance
with Section 8.02(c), payment of the Participant’s Account Balances will be paid in a single cash payment in accordance with Section 8.01(a)(1) not later than the 60th day after the close of the Plan Year in which the Participant
attains Normal Retirement Age or terminates employment, whichever is later. Notwithstanding the foregoing, a Participant must file a claim for benefits through an Approved Form of Election before payment of benefits will commence under this Section.

 (c) Deferred Payment. Except as otherwise provided in Section 8.05(b), if, at the time the Account Balances of
a Participant, former Participant or Beneficiary become payable, the vested value of such Account Balances exceeds $1,000, including the value of the Participant’s Rollover Account and After-Tax Rollover Account, the Account Balances will not
be paid to him or applied for his benefit unless the Participant, former Participant or Beneficiary elects otherwise through an Approved Form of Election. The Participant or former Participant may elect that payments be deferred until the minimum
required beginning date described in Section 8.02(d). So long as the Account Balances are being so held, such Participant, former Participant or Beneficiary will, to the extent provided in Section 6.02, continue to share proportionately
the net income or net loss and expenses of the Investment Funds but will not share in any contributions made by a Participating Employer for any Plan Year after the Participant became a former Participant. 
 (d) Minimum Payment Requirements. A Participant, former Participant or Beneficiary designated pursuant to Section 8.05(a) may
also elect through an Approved Form of Election before payment of Account Balances begins, that payment be further deferred (except as otherwise provided herein or in Section 8.05(b)). Notwithstanding any other provision of this Plan to the
contrary, a Participant or former Participant who has incurred Severance From Service or who is a 5% owner as defined in Code Section 416(i)(1) (whether he incurred Severance From Service or not), must begin receiving benefits no later than
April 1 of the calendar year that follows the calendar year in which the Participant or former Participant attains age 70 1/2. Benefits must be paid (1) over a period not longer than the life of the Participant or former Participant and his designated Beneficiary, or (2) over a period not extending beyond the life expectancy of the Participant or
former Participant or the joint life expectancies of the Participant or former Participant and his designated Beneficiary. If a Participant or former Participant dies before his entire interest has been paid to him, or if payment has begun to his
designated Beneficiary, the Participant’s or former Participant’s entire interest (or the remaining part of such interest if payment has begun) will be paid within 

  

 78 

 
five years after his death (or the death of his designated Beneficiary). Notwithstanding the foregoing, the preceding sentence will not apply if (A) the
payment of the Participant’s or former Participant’s interest has begun and is for a certain term permitted under (2) and such payment to the designated Beneficiary begins within one year after the Participant’s or former
Participant’s death, or (B) the portion of the Participant’s or former Participant’s Accounts to which his surviving spouse is entitled will be paid over a period not extending beyond the life expectancy of the surviving spouse
and such payment begins no later than the date on which the Participant or former Participant would have attained age 70 1/2. If the Participant or former Participant dies after payments have begun, the remaining portion of such interest will continue to be paid at least as rapidly as under the method of payment being used before the Participant’s or
former Participant’s death. All payments will be made in accordance with the regulations under Code Section 401(a)(9), including Treasury Regulation Section 1.401(a)(9)-2. 
 With respect to distributions under the Plan made on or after December 10, 2001 for calendar years beginning on or after
January 1, 2001, the Plan will apply the minimum distribution requirements of Section 401(a)(9) of the Code in accordance with the regulations under Section 401(a)(9) that were proposed on January 17, 2001 (the “2001
Proposed Regulations”), notwithstanding any provision of the Plan to the contrary. If the total amount of required minimum distributions made to a Participant for 2001 prior to December 10, 2001 are equal to or greater than the amount of
required minimum distributions determined under the 2001 Proposed Regulations, then no additional distributions are required for such Participant for 2001 on or after such date. If the total amount of required minimum distributions made to a
Participant for 2001 prior to December 10, 2001 are less than the amount determined under the 2001 Proposed Regulations, then the amount of required minimum distributions for 2001 on or after such date will be determined so that the total
amount of required minimum distributions for 2001 is the amount determined under the 2001 Proposed Regulations. This paragraph shall continue in effect until the last calendar year beginning before the effective date of the final regulations under
Section 401(a)(9) or such other date as may be published by the Internal Revenue Service. 
 (e) Notice
Requirement. Any election pursuant to Section 8.01(b) or this Section 8.02 must be made through an Approved Form of Election. 
 (f) Earlier Payments to Alternate Payees. Notwithstanding any provision of this Plan to the contrary, an Alternate Payee may elect to receive, pursuant to the terms of a Qualified Domestic Relations Order,
payment at any time sooner than the “earliest retirement age” (within the meaning of Code Section 414(p)(4)(B)). Such payment will be made from the Plan as soon as practicable after the election has been received by the
Participant’s Participating Employer. 
  

 79 

 8.03 Payment of CSI Donner and Therma-Tru Money Purchase Account Balances. 
 (a) Section 401(a)(11) Assets. The Trustee will be directed to pay to a Participant all amounts held in his CSI Donner Account
and his Therma-Tru Money Purchase Account, which amounts are subject to the joint and survivor annuity requirements of Code Section 401(a)(11) and hereinafter referred to as “Section 401(a)(11) Assets,” upon termination of the
Participant’s employment (whether by reason of Retirement, Disability, Termination of Employment Without Fault, death or other reason) in accordance with this Section 8.03.” 
 (b) Direction of Payment. The Trustee will be directed to pay the Participant’s portion of his vested Account Balance
attributable to Section 401(a)(11) Assets (as defined by Treasury Regulation Section 1.401(a) 20), in cash or in kind, to or for the benefit of the Participant, as of the payment date and in the form of payment described in
Section 8.03(c) below, unless the Participant elects a form of payment offered in Section 8.01(a) or Section 8.02(c)(2). If the Participant is married, such election must be made pursuant to a qualified election, as described in
Section 8.03(d). 
 (c) Payment Forms. 
 (1) If a Participant is legally married on his annuity starting date as defined by Treasury Regulation Section 1.401(a) 20, payment
to the Participant of his Section 401(a)(11) Assets will be made by the purchase of a joint and survivor annuity, unless the Participant elects a form of payment offered in Section 8.01(a) or Section 8.03(c)(2) pursuant to a qualified
election, as described in Section 8.03(d). The joint and survivor annuity will be equal in value to a single life annuity. The joint and survivor benefits following the Participant’s death will continue to his spouse during his
spouse’s lifetime at a rate equal to 50% of the rate at which such benefits were payable to the Participant. The Participant may elect to receive a smaller annuity benefit with payments continuing to his spouse at a rate of 75% or 100% of the
rate payable to a Participant during his lifetime. 
 (2) If a Participant is not married on his annuity starting date as
defined in Treasury Regulation Section 1.40l(a)-20, payment to the Participant of his Section 40l(a)(11) Assets will be made in accordance with the methods available under Section 8.01(a) or by purchase of an annuity; provided that
such annuity may not be in any form that will provide for payments over a period extending beyond either the life of the Participant (or the lives of the Participant and his Beneficiary) or the life expectancy of the Participant (or the joint normal
life expectancy of the Participant and his Beneficiary. 
  

 80 

 (d) Qualified Election. To make a qualified election, a married Participant must
waive his right to the joint and survivor annuity within the 90-day period ending on his annuity starting date, as defined by Treasury Regulation Section 1.401(a) 20. A married Participant’s spouse must consent to the Participant’s
waiver of the joint and survivor annuity. The spouse’s consent to the waiver must be in writing, must acknowledge the effect of the waiver and must specify either: 
 (1) the optional form of benefit selected; or 
 (2) that the spouse has the right to limit consent to a specific optional form and elects to relinquish such right. 
 The spouse must also consent to any non-spouse beneficiary designated in the waiver, including any class of beneficiaries or contingent beneficiaries,
which may not be changed without spousal consent (unless the spouse expressly permits designations by the Participant without further spousal consent). 
 To be valid, the spousal consent must be witnessed by a notary public. The Participant’s spouse may revoke such consent at any time prior to the annuity starting date, as defined in Treasury Regulation
Section 1.401(a) 20. 
 Notwithstanding the foregoing consent requirement, if the Participant establishes to the
satisfaction of the Committee that such written consent may not be obtained because there is no spouse or the spouse cannot be located, a waiver will be deemed a qualified election. If the Participant’s spouse is legally incompetent to give
consent, such consent may be given by the spouse’s legal guardian, which will include the Participant if the Participant is the spouse’s legal guardian. If the Participant is legally separated or has been abandoned, as provided by a court
order, spousal consent will not be required, except where otherwise provided by a Qualified Domestic Relations Order. 
 Any
consent necessary under this provision will be valid only with respect to the spouse who signs the consent or, in the event of a deemed qualified election, the designated spouse. A revocation of a prior waiver may be made by a Participant without
the consent of the spouse at any time before the annuity starting date. The number of revocations will not be limited. 
 The
Committee will provide to each Participant, within a reasonable period prior to his annuity starting date, a written explanation of: 
 (1) the terms and conditions of the joint and survivor annuity; 
  

 81 

 (2) the Participant’s right to make and the effect of an election to waive the
joint and survivor annuity; 
 (3) the rights of the Participant’s spouse; and 
 (4) the right to make and the effect of a revocation of a previous election to waive the joint and survivor annuity. 
 (e) Qualified Pre-Retirement Survivor Annuity. If a Participant dies before his annuity starting date, payment of his vested
Account Balance attributable to Section 401(a)(11) Assets will be made to the surviving spouse of the Participant in the form of a qualified pre retirement survivor annuity unless the Participant either has no spouse or has designated another
Beneficiary in the manner described in Section 8.06, or the spouse elects to receive payment in a form provided in Section 8.01(a) or 8.03(c)(2). The surviving spouse may elect to receive payment as soon as administratively feasible after
the Participant’s death. Such a Beneficiary designation will not be valid unless: 
 (1) it was made after the first day
of the Plan Year in which the Participant attains age 35; 
 (2) it contains a waiver of the qualified pre retirement
survivor annuity; and 
 (3) the Participant’s spouse consents in writing to the waiver of the qualified pre retirement
survivor annuity and either to the specific nonspouse Beneficiary designation or to a general Beneficiary designation, provided such consent acknowledges that the spouse has the right to limit consent to a specific Beneficiary and elects to
relinquish such right. A valid spousal consent must be witnessed by either a notary public and must be revocable by the spouse at any time prior to the annuity starting date, as defined in Treasury Regulation Section 1.401(a) 20. 
 The Committee will provide to each Participant a written explanation of the qualified pre retirement survivor annuity within the
applicable period. With respect to any Participant, the applicable period means whichever of the following periods ends last: 
 (1) the period beginning with the first day of the Plan Year in which the Participant attains age 32 and ending with the close of the Plan Year preceding the Plan Year in which the Participant attains age 35; 
 (2) a reasonable period ending after the individual becomes a Participant; or 
  

 82 

 (3) a reasonable period ending after Code Section 401(a)(11) first applies to the
Participant. 
 Notwithstanding the foregoing, in the case of a Participant who separates from service before attaining age
35, the applicable period means the period beginning one year before the separation from service and ending one year after such separation. The written explanation of the qualified pre retirement survivor annuity will provide comparable notice and
information to that described in Section 8.03(d) with respect to the joint and survivor annuity. 
 A married Participant
may designate a nonspouse Beneficiary before the first day of the Plan Year in which the Participant attains age 35 if the Committee provides a written explanation of the pre retirement survivor annuity before the time of such designation. Such
early nonspouse Beneficiary designation will become invalid as of the first day of the Plan Year in which the Participant attains age 35. If the Participant marries or remarries, his designation of a nonspouse Beneficiary will be revoked
automatically upon such marriage or remarriage. Notwithstanding the foregoing, the spousal consent requirement will not apply if it is established to the satisfaction of the Committee either that the spouse cannot be located or that other
circumstances set forth in regulations promulgated under Code Section 417 which preclude the necessity of the spouse’s consent are present with respect to the Participant. 
 If a Participant is not married or if he has designated a Beneficiary other than his spouse, his vested CSI Donner and Therma-Tru Money
Purchase Account Balances attributable to Section 401(a)(11) Assets will be paid to his designated Beneficiary in any of the forms permitted under Section 8.01(a) or 8.03(c)(2). 
 If the Participant’s surviving spouse is his Beneficiary, the Participant’s surviving spouse may elect, in lieu of a qualified
pre-retirement survivor annuity, to receive payment of the Participant’s vested CSI Donner and Therma-Tru Money Purchase Account Balances attributable to Section 401(a)(11) Assets in any of the forms permitted under Section 8.01(a) or
8.03(c)(2). 
 8.04 Certain Retroactive Payments. If the amount of the payment required to be made or to begin on the date determined
under Section 8.02 or 8.03 cannot be ascertained by such date, a payment retroactive to such date may be made no later than 60 days after the earliest date on which the amount of such payment can be ascertained under the Plan. 
 8.05 Designation of Beneficiary. 
 (a) Designation by Participant. At any time before payment of the Account Balances in a Participant’s Accounts or, if payment has begun in periodic installments, then at any time before payment of the last
installment, a Participant or former Participant may designate a Beneficiary 

  

 83 

 
or Beneficiaries (who may be executors or trustees and who will be the same person or persons for each of the Participant’s Accounts) in a writing filed
with the Participating Employer or its designee on a form approved by the Committee, signed by the Participant or former Participant. The Participant or former Participant may change or revoke any such designation in a writing filed with his
Participating Employer or its designee on a form approved by the Committee, at any time before payment of his Account Balances or, if payment has begun in periodic installments, then at any time before the last installment has been paid. The spouse
of a Participant or former Participant will in all cases be deemed to be the Beneficiary of the Participant or former Participant unless (1) the Participant or former Participant has filed with the Participating Employer or its designee on a
form approved by the Committee a designation of someone else as Beneficiary, and (2) the spouse of the Participant or former Participant has consented in writing to such designation and the consent acknowledges the effect of the designation and
is witnessed by a notary public. The spouse’s consent may be dispensed with only if the Participant establishes to the satisfaction of the Participating Employer or its designee that the spouse’s consent cannot be obtained because the
spouse cannot be located or because of such other reasons as may be prescribed by Treasury Regulations. If there is no effective Beneficiary designation by a Participant or former Participant on file with the Participating Employer or its designee
when Account Balances would otherwise be payable to a Beneficiary designated by a Participant or former Participant, then such balance will be distributed to (1) the spouse of the Participant or former Participant, or (2) if there is no
spouse, to the executor of the will or the administrator of the estate of the Participant or former Participant, or (3) if no such executor or administrator is appointed within six months after the death of such Participant or former
Participant, the Committee will direct that payment be made, in such shares as the Committee will determine, to the child, parent or other blood relative of such Participant or former Participant, or any of them, or to such other person or persons
as the Committee may determine. 
 (b) Designation by Surviving Primary Beneficiary. Each primary Beneficiary
designated pursuant to Section 8.05(a) who survives the Participant or former Participant (“Surviving Primary Beneficiary”) may designate a secondary Beneficiary or Beneficiaries (“Secondary Beneficiary”) to receive all or
any portion of the Account Balances otherwise payable to the Surviving Primary Beneficiary as of the Surviving Beneficiary’s date of death. The Surviving Primary Beneficiary may only make such designation after the Participant’s or former
Participant’s death. Such Secondary Beneficiary may be an executor or trustee and will be the same person or persons for each of the Participant’s Accounts. Notwithstanding any other provision of this Plan to the contrary, any balance
payable to any Secondary Beneficiary will be paid pursuant to one of the payment methods provided in Section 8.01(a)(1) or (a)(2), as elected 

  

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by the Secondary Beneficiary as soon as practicable after the date of the Surviving Primary Beneficiary’s death. Such balance will be computed as of the
Business Day immediately preceding or coincident with the Surviving Primary Beneficiary’s date of death. Any designation made pursuant to this Section 8.05(b) may be made at any time before the payment of the Participant’s or former
Participant’s Accounts to the Surviving Primary Beneficiary, or if payment has begun in periodic installments, before payment of the last installment to the Surviving Primary Beneficiary. Any designation by a Surviving Primary Beneficiary must
be made in a writing filed with the Participating Employer or its designee on a form approved by the Committee and signed by the Surviving Primary Beneficiary. Any Surviving Primary Beneficiary may revoke or change his designation of a Secondary
Beneficiary, in a writing filed with the Participating Employer or its designee on a form approved by the Committee, at any time before such Account Balances have been paid to the Surviving Primary Beneficiary or, if payment has begun in periodic
installments, at any time before payment of the last installment to the Surviving Primary Beneficiary. If no effective designation of Beneficiary pursuant to this Section 8.05(b) is on file with the Participating Employer or its designee upon
the death of the Surviving Primary Beneficiary, any balance otherwise then payable to the Surviving Primary Beneficiary will be (1) paid to the spouse of the Surviving Primary Beneficiary, or (2) if there is no spouse, to the executor of
the will or the administrator of the estate of the Surviving Primary Beneficiary, or (3) if no such executor or administrator is appointed within six months after the death of the Surviving Primary Beneficiary, the Committee will direct that
distribution be made, in such shares as the Committee will determine, to the child, parent or other blood relative of the Surviving Primary Beneficiary, or any of them, or to such other person or persons as the Committee may determine. 

8.06 Payment in Event of Legal Disability. If a Participant, former Participant or Beneficiary is under a legal disability or, by reason of
illness or mental or physical disability, is unable, in the opinion of the Committee, to attend to his personal financial matters properly, the Trustee may make such payments in such of the following ways as the Committee directs to the spouse,
child, parent or other blood relative of such Participant, former Participant or Beneficiary, or any of them, or to such other person or persons as the Committee determines until such date as the Committee determines that such incapacity no longer
exists. 
 8.07 Missing Distributees. If all or any part of the interest of any Participant, former Participant or Beneficiary becomes
payable hereunder and his whereabouts is then unknown to the Participating Employer or its designee and the Participating Employer or its designee fails to receive a claim for such payment from the person entitled to such payment, or from any other
person validly acting in his behalf, then within two years thereafter, the amount of such payment will be forfeited as of the next Business Day. Notwithstanding the foregoing, if the person entitled to receive such payment subsequently claims it,
the amount will be restored. Any such Forfeiture will be applied as soon as practicable to reduce Participating Employer contributions under the Plan. 
  

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 8.08 Information Required of Distributees. Each Participant, former Participant and Beneficiary of
a deceased Participant will file with the Participating Employer from time to time in writing his post office address and each change of post office address. Any communication, statement or notice addressed to such person at his last post office
address filed with the Participating Employer or its designee, or if no such address was filed with the Participating Employer or its designee then at his last post office address as shown in a Participating Employer’s records, if any, will be
binding on such person for all purposes of this Plan. Neither any Participating Employer, Trustee or their respective designees will be obligated to search for or ascertain the whereabouts of any Participant, former Participant or Beneficiary.

 8.09 Direct Rollover Provision. 
 (a) Direct Rollover Option. Notwithstanding any provision of this Plan to the contrary that would otherwise limit a distributee’s election under this paragraph (a), a distributee may elect, at the time and
manner prescribed by the Plan Administrator, to have any portion of an eligible rollover distribution paid directly to an eligible retirement plan specified by the distributee in a direct rollover. 
 (b) Eligible Rollover Distribution Defined. For purposes of this Section 8.09, an eligible rollover distribution is any
distribution of all or any portion of the balance to the credit of the distributee, except that an eligible rollover distribution will not include: (1) any distribution that is one of a series of substantially equal periodic payments (not less
frequently than annually) made for the life (or life expectancy) of the distributee or the joint lives (or joint life expectancies) of the distributee and the distributee’s designated Beneficiary, or for a specified period of ten years or more,
(2) any distribution to the extent such distribution is required under Code Section 40l(a)(9), and (3) any distribution which is made upon the hardship of an Employee. A portion of a distribution will not fail to be an eligible
rollover distribution merely because it consists of After-Tax Contributions. However, such portion may be transferred only to a qualified plan or individual retirement account or annuity that agrees to separately account for the amounts transferred,
including the portion of the distribution that is not includable in gross income. 
 (c) Eligible Retirement Plan
Defined. For purposes of this Section 8.09, an eligible retirement plan is (1) an individual retirement account described in Code Section 408(a), (2) an individual retirement annuity described in Code Section 408(b),
(3) an annuity plan described in Code Section 403(a) or (b), (4) an eligible governmental plan under Section 457(b) that agrees to separately account for amounts transferred from this Plan, or (5) a qualified trust described
in Code Section 401(a), 

  

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that accepts the distributee’s eligible rollover distribution. The definition of eligible retirement plan shall also apply in the case of a distribution
to a surviving spouse, or to a spouse or former spouse who is an alternate payee under a Qualified Domestic Relations Order. 
 (d) Distributee Defined. For purposes of this Section 8.09, a distributee is an Employee or former Employee. In addition, the Employee’s or former Employee’s surviving spouse and the Employee’s or former
Employee’s spouse or former spouse who is the alternate payee under a Qualified Domestic Relations Order are distributees with regard to the interest of the spouse or former spouse. 
 (e) Direct Rollover Defined. For purposes of this Section 8.09, a direct rollover is any payment by the Plan to the eligible
retirement plan specified by the distributee. 
 8.10 Waiver of 30-Day Notice Period. If a payment is one to which Code Sections
401(a)(11) and 417 do not apply, such payment may begin less than 30 days after the notice required under Treasury Regulation 1.411(a)-11(c) is given, provided that: 
 (a) the Participant is informed that the Participant has a right to a period of at least 30 days after receiving the notice to consider
the decision of whether to elect a payment (and, if applicable, a particular payment option); and 
 (b) the Participant,
after receiving the notice, affirmatively elects a distribution. 
 ARTICLE VIIIA 
 MINIMUM DISTRIBUTION REQUIREMENTS 
 Section 8A.01. General Rules. 
 (a) Effective Date. The provisions of this article will apply for
purposes of determining required minimum distributions for calendar years beginning with the 2003 calendar year. 
 (b)
Precedence. The requirements of this article will take precedence over any inconsistent provisions of the Plan. 
 (c)
Requirements of Treasury Regulations Incorporated. All distributions required under this article will be determined and made in accordance with the Treasury regulations under section 401(a)(9) of the Code. 
  

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 Section 8A.02. Time and Manner of Distribution. 
 (a) Required Beginning Date. The Participant’s entire interest will be distributed, or begin to be distributed, to the
Participant no later than the Participant’s required beginning date, as described in Section 8.02(d). 
 (b)
Death of Participant Before Distributions Begin. If the Participant dies before distributions begin, the Participant’s entire interest will be distributed, or begin to be distributed, no later than as follows: 
 (1) If the Participant’s surviving spouse is the Participant’s sole Beneficiary, distributions to the surviving spouse will
begin by December 31 of the calendar year immediately following the calendar year in which the Participant died, or by December 31 of the calendar year in which the Participant would have attained age 70 1/2, if later. 
 (2) If the Participant’s surviving spouse is not the Participant’s sole Beneficiary, distributions to the Beneficiary will begin by December 31 of the calendar year immediately following the calendar
year in which the Participant died. 
 (3) If there is no designated Beneficiary as of September 30 of the year
following the year of the Participant’s death, the Participant’s entire interest will be distributed by December 31 of the calendar year containing the fifth anniversary of the Participant’s death. 
 (4) If the Participant’s surviving spouse is the Participant’s sole Beneficiary and the surviving spouse dies after the
Participant but before distributions to the surviving spouse begin, this Section 8A.02(b), other than Section 8A.02(b)(1), will apply as if the surviving spouse were the Participant. 
 For purposes of this Section 8A.02(b) and Section 8A.04, unless Section 8A.02(b)(4) applies, distributions are considered
to begin on the Participant’s required beginning date. If Section 8A.02(b)(4) applies, distributions are considered to begin on the date distributions are required to begin to the surviving spouse under Section 8A.02(b)(1).

 (c) Forms of Distribution. Unless the Participant’s interest is distributed in the form of an annuity purchased
from an insurance company or in a single sum on or before the required beginning date, as of the first distribution calendar year distributions will be made in accordance with Sections 8A.03 and 8A.04. If the Participant’s interest is
distributed in the form of an annuity purchased from an insurance company, distributions thereunder will be made in accordance with the requirements of Section 401(a)(9) of the Code and the Treasury regulations. 
 (d) Effect on Account Balances and Investment Funds. Whenever a Participant’s vested Account Balances are distributed pursuant

  

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to Section 8A.03 or Section 8A.04, such vested Account Balances will be reduced in the order set forth in procedures established by the Plan
Administrator. Amounts allocated to the Investment Funds in the Accounts from which amounts are distributed pursuant to Section 8A.03 or Section 8A.04 will be reduced on a pro rata basis. 
 Section 8A.03. Required Minimum Distributions During Participant’s Lifetime. 
 (a) Amount of Required Minimum Distribution For Each Distribution Calendar Year. During the Participant’s lifetime, the
minimum amount that will be distributed for each distribution calendar year is the lesser of: 
 (1) the quotient obtained by
dividing the Participant’s account balance by the distribution period in the Uniform Lifetime Table set forth in Section 1.401(a)(9)-9 of the Treasury regulations, using the Participant’s age as of the Participant’s birthday in
the distribution calendar year; or 
 (2) if the Participant’s sole Beneficiary for the distribution calendar year is
the Participant’s spouse, the quotient obtained by dividing the Participant’s account balance by the number in the Joint and Last Survivor Table set forth in Section 1.401(a)(9)-9 of the Treasury regulations, using the
Participant’s and spouse’s attained ages as of the Participant’s and spouse’s birthdays in the distribution calendar year. 
 (b) Lifetime Required Minimum Distributions Continue Through Year of Participant’s Death. Required minimum distributions will be determined under this Section 8A.03 beginning with the first
distribution calendar year and up to and including the distribution calendar year that includes the Participant’s date of death. 
 Section 8A.04. Required Minimum Distribution After Participant’s Death. 
 (a) Death On or After
Date Distributions Begin. 
 (1) Participant Survived by Designated Beneficiary. If the Participant dies on or after the date
distributions begin and there is a designated Beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s
account balance by the longer of the remaining life expectancy of the Participant or the remaining life expectancy of the Participant’s designated Beneficiary, determined as follows: 
  

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

  

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

  

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

 (2) No Designated Beneficiary. If the Participant dies on or after the date distributions begin and there is no designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum
amount that will be distributed for each distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the Participant’s remaining life expectancy
calculated using the age of the Participant in the year of death, reduced by one for each subsequent year. 
 (b) Death
Before Date Distributions Begin. 
 (1) Participant Survived by Designated Beneficiary. If the Participant dies
before the date distributions begin and there is a designated Beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the
Participant’s account balance by the remaining life expectancy of the Participant’s designated Beneficiary, determined as provided in Section 8A.04(a). 
 (2) No Designated Beneficiary. If the Participant dies before the date distributions begin and there is no designated Beneficiary
as of September 30 of the year following the year of the 

  

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Participant’s death, distribution of the Participant’s entire interest will be completed by December 31 of the calendar year containing the
fifth anniversary of the Participant’s death. 
 (3) Death of Surviving Spouse Before Distributions to Surviving
Spouse Are Required to Begin. If the Participant dies before the date distributions begin, the Participant’s surviving spouse is the Participant’s sole designated Beneficiary, and the surviving spouse dies before distributions are
required to begin to the surviving spouse under Section 8A.02(b)(1), this Section 8A.04(b) will apply as if the surviving spouse were the Participant. 
 Section 8A.05. Definitions. 
 (a) Designated Beneficiary. The individual
who is designated as the Beneficiary under Section 8.05 and is the designated beneficiary under Section 401(a)(9) of the Code and Section 1.401(a)(9)-1, Q&A-4, of the Treasury regulations. 
 (b) Distribution calendar year. A calendar year for which a minimum distribution is required. For distributions beginning before
the Participant’s death, the first distribution calendar year is the calendar year immediately preceding the calendar year which contains the Participant’s required beginning date. For distributions beginning after the Participant’s
death, the first distribution calendar year is the calendar year in which distributions are required to begin under Section 8A.02(b). The required minimum distribution for the Participant’s first distribution calendar year will be made on
or before the Participant’s required beginning date. The required minimum distribution for other distribution calendar years, including the required minimum distribution for the distribution calendar year in which the Participant’s
required beginning date occurs, will be made on or before December 31 of that distribution calendar year. 
 (c) Life
expectancy. Life expectancy as computed by use of the Single Life Table in Section 1.401(a)(9)-9 of the Treasury regulations. 
 (d) Participant’s account balance. The account balance as of the last valuation date in the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the
amount of any contributions made and allocated or forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation
date. The account balance for the valuation calendar year includes any amounts rolled over or transferred to the plan either in the valuation calendar year or in the distribution calendar year if distributed or transferred in the valuation calendar
year. 
  

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 (e) Required beginning date. The date specified in Section 8.02(d).

 ARTICLE IX 
 IN-SERVICE
WITHDRAWALS 
 9.01 Hardship Withdrawals. 
 (a) Amount. A Participant may, prior to his Severance From Service, apply for a hardship withdrawal of all or any part of his
vested Account Balances not previously withdrawn (excluding the balances in his CSI Donner Account, his Therma-Tru Money Purchase Account and his Therma-Tru and Beam Wine Estates Qualified Nonelective Account, and earnings credited on Tax Deferred
Contributions after December 31, 1988). Subject to the preceding sentence, the minimum amount that may be withdrawn for any hardship withdrawal is $500 or the total remaining balance in the Participant’s Accounts (excluding the balances in
his CSI Donner Account, his Therma-Tru Money Purchase Account and his Therma-Tru and Beam Wine Estates Qualified Nonelective Account, and earnings on Tax Deferred Contributions after December 31, 1988), whichever is less. 
 (b) Frequency. Subject to such uniform and nondiscriminatory rules as may be promulgated from time to time by the Committee, a
Participant may apply not more frequently than twice during any 12-month period for a hardship withdrawal of all or any part of his Account Balances not previously withdrawn (excluding the balances in his CSI Donner Account, his Therma-Tru Money
Purchase Account and his Therma-Tru and Beam Wine Estates Qualified Nonelective Account, and the earnings credited on Tax Deferred Contributions after December 31, 1988). 
 (c) Hardship Required. The withdrawal must be for an immediate and heavy financial need of the Participant for which funds are not
reasonably available from other resources of the Participant. A Participant will be deemed to have an immediate and heavy financial need if the hardship is on account of: 
 (1) Payment of unreimbursed medical expenses described in Code Section 213(d) (determined without regard to whether the expenses
exceed 7.5% of adjusted gross income) previously incurred by the Participant, the Participant’s spouse, any dependents of the Participant (as defined in Code Section 152 without regard to the change in definition under the Working Families
Tax Relief Act of 2004), including any non-custodial child who is subject to the special rule of Code Section 152(e) or payment of unreimbursed expenses necessary for these persons to obtain medical care described in Code Section 213(d);

 (2) Purchase (excluding mortgage payments) of the principal residence of the Participant; 
 (3) Payment of tuition, related educational fees, and room and board expenses, for the next 12 months of post-secondary education for the
Participant, the Participant’s spouse, or the Participant’s dependents (as defined in Code Section 152 without regard to Code Sections 152(b)(1), (b)(2), and (d)(1)(B)); 
  

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 (4) Prevention of the eviction of the Participant from the Participant’s principal
residence or prevention of the foreclosure on the mortgage on the Participant’s principal residence; 
 (5) Payment of
burial or funeral expenses for the Participant’s deceased parent, spouse, children or dependents (as defined in Code Section 152 without regard to the change in definition under Code Section 152(d)(1)(B)); 
 (6) Payment of expenses for the repair of damage to the Participant’s principal residence that would qualify for the casualty
deduction under Code Section 165 (determined without regard to whether the loss exceeds 10% of adjusted gross income); 
 (7) Other events provided for in revenue rulings, notices or other documents of general applicability published by the Commissioner of Internal Revenue. 
 A Participant will be deemed to have established that the amount to be withdrawn is not reasonably available from other resources if the Participant has elected to receive a cash distribution of the dividends paid on
the shares of Fortune Common Stock attributable to his or her proportionate interest in the Fortune Stock Fund and has obtained all other in-service withdrawals, distributions and nontaxable loans available under this Plan and any other plan
maintained by his or her Participating Employer. The Participating Employer will determine whether a financial hardship exists and the amount to be paid as a result of the hardship. When making this determination, the Participating Employer may rely
on the Participant’s representation that his or her immediate and heavy financial need could not be satisfied in whole or in part from other resources reasonably available to the Participant. Financial hardship determinations will be made in
accordance with the Code and the applicable regulations and using a uniform and nondiscriminatory standard. If the Participating Employer or its designee approves the hardship withdrawal, the hardship withdrawal will not exceed the amount required
to meet the need created by the hardship, including any amounts necessary to pay any Federal income taxes or penalties reasonably anticipated to result from the withdrawal. 
 9.02 Withdrawals Upon Attainment of Age 59 1/2. 
 (a) Amount. In addition to any other withdrawals that may be made pursuant to this Article IX, a Participant may before his Severance from Service apply for a withdrawal of all or any portion of his vested Account Balances in his
Accounts (other than his CSI Donner Account and his Therma-Tru Money Purchase Account) after he has attained age 59 1/2.” 
  

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 (b) Notice Requirement. Any application for a withdrawal made pursuant to this
Section 9.02 must be made through an Approved Form of Election. 
 (c) Effective Date and Valuation Date. A
withdrawal made pursuant to this Section 9.02 will be effective and valued (1) as of the day on which such request is approved by the Committee or its designee, if such approval is made before the Close of Business on a Business Day, or
(2) as of the next Business Day, if such request is approved by the Committee or its designee on a day other than a Business Day or after the Close of Business on a Business Day. Payment of any amount withdrawn pursuant to this
Section 9.02 will be made as soon as practicable on or after the effective date of such withdrawal in a single sum payment in cash. 
 (d) Effect on Account Balances and Investment Funds. Whenever a Participant’s vested Account Balances are withdrawn pursuant to this Section 9.02, such vested Account Balances will be reduced from his
Accounts in the order set forth in procedures established by the Plan Administrator. Amounts allocated to the Investment Funds in the Accounts from which amounts are withdrawn pursuant to this Section 9.02 will be reduced on a pro rata basis.

 9.03 Withdrawals From Grandfathered Withdrawal Accounts and Grandfathered After-Tax Accounts. 
 (a) In General. Subject to the limitations set forth in Section 9.03(b), in addition to any other withdrawals described in
this Article IX, a Participant may elect to withdraw all or any part of the Account Balances in his Grandfathered Withdrawal Account or Grandfathered After-Tax Account. Any election to withdraw such Account Balances must be made through an Approved
Form of Election. If such Participant elects to withdraw all of the Account Balances in his Grandfathered After-Tax Account, such Account Balances will be distributed to him pursuant to one of the methods of distribution provided for in
Section 8.01(a)(1) or (2) as he will specify. If such Participant elects to withdraw part of the Account Balances in his Grandfathered After-Tax Account or all or any part of the Account Balances in his Grandfathered Withdrawal Account,
such Account Balances will be distributed to him in a single distribution in cash. The amount to be reduced by reason of a Participant’s election to withdraw all or any part of the Account Balances in his Grandfathered Withdrawal Account or
Grandfathered After-Tax Account will be valued (1) as of the day on which such request is approved by the Committee or its designee, if such approval is made before the Close of Business on a Business Day, or (2) as of the next Business
Day, if such request is approved by the 

  

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Committee or its designee on a day other than a Business Day or after the Close of Business on a Business Day. Whenever all or any part of the Account
Balances in a Participant’s Grandfathered Withdrawal Account or Grandfathered After-Tax Account is withdrawn pursuant to this Section 9.03, amounts allocated therein to the Investment Funds will be reduced on a pro rata basis. 

(b) Limitations. In addition to any hardship withdrawal, a Participant may not receive more than two in-service withdrawals
under this Article IX in any 12-month period. The minimum amount that may be withdrawn for any in-service withdrawal (except a hardship withdrawal) is $1,000 or the total remaining balance in the Participating Grandfathered Withdrawal Account and
Grandfathered After-Tax Account, whichever is less. 
 9.04 In-Service Withdrawals for Inactive Participants. Notwithstanding any
other provision of this Plan to the contrary, any Participant who is transferred to a Non-Participating Employer or a class of employees that is not eligible to participate in this Plan will be eligible to receive in-service withdrawals under
Sections 9.01, 9.02 and 9.03. Notwithstanding any other provision of this Plan to the contrary, any Participant who is transferred from a Beam Participating Employer to Future Brands LLC on or about April 1, 2001 will be eligible to receive
withdrawals under Sections 9.01, 902 and 9.03. 
 9.05 Withdrawals From Rollover Accounts. In addition to any other withdrawals that
may be made pursuant to this Article IX, a Participant who was hired by Omega Cabinets, Ltd. prior to July 1, 2004, may at any time before his Severance From Service apply for a withdrawal of all or any portion of his Rollover Account and
After-Tax Rollover Account. Moreover, a Participant who was hired by Capital Cabinet Corporation prior to December 7, 2004, may at any time before his Severance From Service apply for a withdrawal of all or any portion of his Rollover Account.

 ARTICLE X 
 LOANS 
 10.01 Availability. Loans may be made to Participants in accordance with this Article X under uniform rules and conditions as the Committee may
prescribe. A Participant may apply to borrow from the vested portion of his Account Balances, excluding the balances in his CSI Donner Account and his Therma-Tru Money Purchase Account. A loan must be requested through an Approved Form of Election.
The Committee may require the Participant to sign certain documents and provide certain written documentation as it deems necessary. A Participant may not have outstanding at any one time more than one loan to acquire any dwelling unit which within
a reasonable time is to be used as the principal residence of the Participant and one loan for any other purpose. A Participant may not apply for a new loan until 30 days after the prior loan is repaid in full. Notwithstanding the foregoing, any
loans outstanding as of December 31, 1995 of a Participant who is an Employee of Fortune or a Beam Participating Employer (1) will not be included for purposes of determining the number of loans that may be outstanding under this Plan,
(2) will not be 

  

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subject to the 30-day limitation set forth in the immediately preceding sentence, and (3) will not be refinanced. A Participant who transfers employment
to a Non-Participating Employer or a class of employees that is not eligible to participate in this Plan may also apply to borrow in accordance with this Section 10.01. A Participant who is transferred from a Beam Participating Employer to
Future Brands LLC on or about April 1, 2001 may also apply to borrow in accordance with this Section 10.01. A former Participant whose Accounts have not been paid out and who is a party-in-interest within the meaning of Section 3(14)
of ERISA may also apply to borrow to the extent required by Federal law. The Committee may permit loan rollovers in cases of acquisitions or dispositions for specified groups during specified periods. 
 10.02 Effect on Account Balances and Investment Funds. Whenever all or any part of a Participant’s Account Balances are borrowed, the amount
representing such vested Account Balances or part thereof transferred to the Loan Fund will be reduced in the order set forth in procedures established by the Plan Administrator. A loan will be withdrawn from the respective Investment Funds in which
such vested Account Balances are invested on a pro rata basis. A loan will be effective and the amount of the loan will be transferred to the Loan Fund (1) as of the day on which such loan application is approved by the Committee or its
designee, if such approval is made before the Close of Business on a Business Day, or (2) as of the next Business Day, if such loan application is approved by the Committee or its designee on a day other than a Business Day or after the Close
of Business on a Business Day. 
 10.03 Amount. The amount of any loan made pursuant to this Article X will not be less than $1,000.
The aggregate amount of all such loans to a Participant or eligible former Participant will not exceed 50% of the vested portion of his Account Balances under the Plan, and will not exceed $50,000 minus his highest outstanding Plan loan balance
during the 12-month period ending the day before the loan is made. 
 10.04 Term of Loan. The term of a loan will not exceed five
years. Notwithstanding the foregoing, the term of a loan will not exceed ten years if its purpose is to acquire any dwelling unit which within a reasonable time is to be used as the principal residence of the Participant. 
 10.05 Promissory Note. A secured promissory note will be delivered to the Trustee or its agent pledging as collateral a portion of the
Participant’s vested interest in his Accounts not less than the amount of the borrowing. Interest on a loan will be fixed by the Committee at a rate reasonably equivalent to prevailing market interest rates. 
 10.06 Repayment. The loan will be repaid in regular installments in each pay period, by means of payroll deductions. Prepayment of a loan in its
entirety without penalty will be permitted at any time. Partial prepayment of a loan will not be permitted provided that a Participant or former Participant may repay his loan in part if the loan becomes due and payable as a result of his
termination of employment for any reason for up to 60 days after such termination of employment. Notwithstanding the foregoing, repayment by (a) a Participant who is on an Approved Leave of Absence, (b) a Participant who transfers
employment to a Non-Participating Employer or class of employees that is not eligible to participate in the Plan, (c) a Participant whose payroll deductions have ceased in connection 

  

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with such Participant’s bankruptcy proceedings, or (d) a former Participant who is a party-in-interest within the meaning of Section 3(14) of
ERISA will be made by such Participant or former Participant on at least a monthly basis to the Trustee by means of a certified check or money order delivered to the Trustee or its agent. A loan which is not repaid when due will be deemed to be in
default and will be treated as a “deemed distribution” if not repaid within the cure period specified in uniform rules and guidelines established by the Committee. A loan under the Plan will constitute an earmarked investment of the
borrowing Participant’s Accounts. Loan repayments will be credited to the Participant’s Account or Accounts from which the loan was made as of the date such payment is received by the Trustee or its agent on a pro rata basis. Loan
repayments will be credited to the Investment Funds in accordance with the Participant’s investment election under Section 5.02 in effect at the time of repayment of the loan or, in the absence of such investment election, to the
age-appropriate Lifestyle Fund based on uniform procedures established by the Plan Administrator. 
 10.07 Reduction of Account
Balance. Upon a Participant’s termination of employment or at such other time as the Participant’s Account Balances are distributed before a loan is repaid in full, the unpaid balance thereof, together with interest due and payable
thereon, will become due and payable, and the Trustee will first satisfy the indebtedness from the amount payable to the Participant before making any payments to Participant. If a loan becomes in default, foreclosure on the promissory note and
attachment of security on such loan will not occur until a distributable event occurs under the Plan. 
 ARTICLE XI 
 ADMINISTRATION OF PLAN 
 11.01
Fiduciaries. 
 (a) Allocation of Responsibility Among Fiduciaries for Plan and Trust Administration. The
Fiduciaries will have only those specific powers, duties, responsibilities and obligations as are specifically given them under this Plan or the Trust Agreement or delegated to them by the Company. In general, the respective Participating Employers
will have the sole responsibility for making the contributions provided for under Article III. The Board of Directors will have the sole authority to appoint and remove the members of the Committee, the members of the Trusts Investment Committee and
the Trustee, and to amend or terminate, in whole or in part, this Plan or the Trust; provided, however, that the Committee will have the authority to amend the Plan to the extent permitted under a written delegation of authority by the Board of
Directors. The Company will be the Plan Administrator for purposes of ERISA and will have the sole responsibility for the administration of this Plan, except that the Committee, or its delegate, the Participating Employers and the Trusts Investment
Committee will have the sole responsibility for the performance of those administrative duties specifically given them as described in this Plan. The Trusts Investment Committee will have the sole authority to appoint Investment Managers and select
mutual funds. The Trustee will have the sole responsibility for the administration of the Trust 

  

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and the management of the assets held thereunder, except that, if one or more Investment Managers are appointed, each Investment Manager will have sole
authority and responsibility for the investment and reinvestment of such portion of the Investment Funds as the Trusts Investment Committee directs. The Investment Managers will have the sole authority to exercise the right to vote proxies with
respect to any securities held in the Trust, except as otherwise provided in Section 5.26 and except for proxies with respect to Fortune Common Stock held in the Fortune Stock Fund, Gallaher ADRs held in the Gallaher Fund and ACCO Common Stock
held in the ACCO Stock Fund. 
 (b) Reliance of Fiduciaries. Each Fiduciary may rely upon any direction, information or
action of another Fiduciary with respect to matters within the responsibility of such other Fiduciary as being proper under this Plan or any funding instrument and is not required under this Plan or funding instrument to inquire into the propriety
of any such direction, information or action. To the maximum extent permitted by law, it is intended under this Plan that each Fiduciary will be responsible for the proper exercise of its own powers, duties, responsibilities and obligations under
this Plan and will not be responsible for any act or failure to act of another Fiduciary. To the maximum extent permitted by ERISA, no other Fiduciary will be liable for any loss which may result from a decision of an Investment Manager with respect
to Plan assets under its control. 
 (c) Named Fiduciary. Fortune will be the “Named Fiduciary” for purposes
of ERISA. The Secretary of Fortune will be subject to service of process on behalf of the Plan. 
 11.02 Corporate Employee Benefits
Committee. The general administration of the Plan and the responsibility for carrying out its provisions will be placed in a Corporate Employee Benefits Committee appointed from time to time by the Board of Directors to serve at its pleasure. No
person will be ineligible to be a member of the Committee because he is, was or may become a Participant of the Plan. 
 11.03
Organization of Committee. The Board of Directors will elect a Chairman from among the members of the Committee and a Secretary who may be but need not be a member of the Committee. 
 11.04 Action by Committee. The Committee will hold meetings upon such notice, at such place or places and at such time or times, as it may from
time to time determine. A majority of the members of the Committee at the time in office will constitute a quorum for the transaction of business. All resolutions adopted or other action taken by the Committee will be by vote of a majority of the
members of the Committee present at any meeting or without a meeting by instrument in writing signed by a majority of the members of the Committee. A dissenting Committee member who, within a reasonable time after he has knowledge of any action or
failure to act by the majority, takes such reasonable and legal steps in opposing such action or failure to act as may be appropriate, will not be responsible for any such action or failure to act. 
  

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 11.05 Disqualification of Committee Members. No member of the Committee will have any right to
vote or decide upon any matter relating solely to himself or solely to any of his rights or benefits under the Plan. 
 11.06 Committee
Rules; Conclusiveness of Determinations. The Committee, subject to the limitations of the Plan, will from time to time establish rules for the administration of the Plan and the transaction of its business and will make determination of all
questions arising out of or in connection with the provisions of the Plan not required by the Plan to be determined by the Board of Directors, a Participating Employer or the board of directors of another Participating Employer, the Internal Audit
Department of Fortune or the independent public accountants who audit the books of Fortune and its consolidated subsidiaries, and any such determination will be conclusive upon all persons having an interest in or under the Plan. Notwithstanding any
other provision of this Plan to the contrary, the Committee may delegate any of its responsibilities for administration of the Plan. The foregoing powers of the Committee and any of its delegates will be exercised in accordance with the provisions
of Sections 11.07 and 11.14. 
 11.07 Committee Powers and Duties. The Committee will have such powers and duties as may be necessary
to discharge its responsibilities hereunder, including, but not by way of limitation, the following: 
 (a) except as
otherwise specified in Section 11.06, to construe and interpret the Plan, decide all questions of eligibility and determine the manner and time of payment of any benefits hereunder; 
 (b) to prescribe procedures to be followed by Participants, former Participants and/or Beneficiaries filing applications for benefits;

 (c) to prepare and distribute, in such manner as the Committee determines to be appropriate, information explaining the
Plan; 
 (d) to receive from the Participating Employers, the Trustee and Participants such information as is necessary for
the proper administration of the Plan; 
 (e) to prepare such reports in accordance with Section 11.08; 
 (f) to receive, review, and keep on file (as it deems convenient or proper) reports of the financial condition, and of the receipts and
disbursements, of the Trust; 
 (g) to amend the Plan to the extent permitted under a written delegation of authority by the
Board of Directors; 
  

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 (h) to direct the Trustee with respect to the payment of benefits; and 
 (i) to employ agents, attorneys, accountants, or other persons (who also may be employed by any Participating Employer or the Trustee) and
to allocate or delegate to them such powers, rights, and duties as the Committee may consider necessary or advisable to properly carry out the administration of the Plan, including but not limited to maintaining the accounts of Participants and
determining eligibility and claims for benefits and applications for loans and in-service withdrawals, provided that such allocation or delegation, and the acceptance thereof by such agents, attorneys, accountants, or other persons, will be in
writing. 
 11.08 Reports. The Committee will prepare annually a report showing in reasonable detail the assets of the Plan and giving
a brief account of the operation of the Plan for the preceding Plan Year. Such report will be submitted to the Board of Directors and a copy thereof will be filed with the Secretary of the Committee. The Committee will exercise such authority and
responsibility as it deems appropriate in order to comply with ERISA and governmental regulations issued thereunder relating to records of Participants’ employment, Account Balances and the percentages thereof which are vested under the Plan;
notifications to Participants; annual registration with the Internal Revenue Service and annual reports to the Department of Labor. 
 11.09
Claims Procedure. The Committee will make all determinations as to the right of any person to a benefit. Any denial by the Committee of the claim for benefits under the Plan by a Participant, former Participant or Beneficiary will be stated
in writing by the Committee and delivered or mailed to the Participant, former Participant or Beneficiary within 90 days after receipt by the Committee; and such notice will set forth the specific reasons for the denial. If the Committee determines
that special circumstances require an extension of time for processing the claim, the initial 90-day period may be extended for up to 90 additional days. The Committee will give the claimant written notice of the extension prior to the expiration of
the initial 90-day period, and such notice will set forth the circumstances requiring the extension of time and the date by which the Committee expects to render a decision. In the event of a denial of a claim, a claimant may notify the Committee in
writing within 60 days after receipt of written denial of the claim that the claimant wishes a review of the denial of the claim and present to the Committee a written statement of the claimant’s position. The Committee will act upon such
request for review within 60 days after receipt thereof unless special circumstances require further time, but in no event later than 120 days after receipt. If the Committee confirms the denial, in whole or in part, the Committee will present in a
written notice to the claimant the specific reasons for denial and specific references to the Plan provisions on which the decision was based, in a manner calculated to be understood by the claimant. 
 In determining claims for benefits, the Committee has the authority and discretion to interpret the Plan and to resolve ambiguities herein, to made
factual determinations, and to resolve questions relating to eligibility for and amount of benefits. Benefits will be paid only if the Committee, or its delegate, decides in its discretion that the claimant is entitled to them. All interpretations
and determinations made by the Committee, or its delegate, are conclusive, final and binding. 
  

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 No action at law or in equity shall be brought to recover benefits under the Plan until the appeal fights
described herein have been exercised and until the Plan benefits requested in such appeal have been denied in whole or in part. If any judicial proceeding is undertaken to appeal the denial of a claim or bring any other action under ERISA other than
a breach of fiduciary duty claim, the evidence presented will be strictly limited to the evidence timely presented to the Committee. In addition, any such judicial proceeding must be filed within 180 days after the Committee’s final decision.

 11.10 Data Concerning Participants. The Committee will determine the eligibility of Participants in accordance with the provisions
of the Plan. The Committee may require each Participating Employer to certify to it such data with respect to employees or Participants who are or may be eligible for benefits under the Plan (including, without limitation, dates of birth, marital
status, dates of entry into employment, Hours of Service and compensation), and such data relating to the Participating Employer, as the Committee may deem appropriate from time to time in order properly to administer the plan. In determining
Disability, the Participating Employer will require as proof thereof evidence of receipt of Social Security disability benefits. 
 11.11
Certification of Data. Any certification by a Participating Employer of information required or permitted to be certified pursuant to the Plan will be conclusive on all parties in interest; provided, however, that whenever any employee,
Participant, former Participant or Beneficiary proves to its satisfaction that the period of employment or Hours of Service or compensation or date of birth or marital status or other data as so certified is incorrect, the Participating Employer may
correct such certification where it deems this action appropriate in the circumstances. 
 11.12 Indemnity of Board of Directors and
Committee Members. The members of the Board of Directors, the members of the boards of directors of each other Participating Employer, the members of the Committee and the members of the Trusts Investment Committee will be entitled to rely on
any certification furnished by a Participating Employer and upon reports or opinions furnished by any accountant, actuary, Investment Manager, investment adviser of a mutual fund which comprises an Investment Fund or legal counsel employed or
retained by Fortune. The Participating Employers will indemnify members of the Board of Directors, members of the boards of directors of each other Participating Employer, members of the Committee and members of the Trusts Investment Committee and
any other employee who may act on their behalf, and each of them, and save them and each of them harmless from the effects and consequences of their acts, omissions and conduct in their official capacity, except to the extent that such effects and
consequences result from their own willful misconduct. 
 11.13 Indemnity for Acts of Investment Managers. The members of the Board of
Directors, the members of the boards of directors of each other Participating Employer, the members of the Committee and the members of the Trusts Investment Committee and any other employee who may act on their behalf, and each of them, will be
indemnified and saved 

  

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harmless from all liability, joint or several, for any loss to the Trust, including any depreciation of principal or loss of income resulting from the
purchase or retention of any property or any other investment action made or taken by any Investment Manager or investment adviser of a mutual fund which comprises an Investment Fund or any such action made or taken by the Trustee acting on their
instructions. 
 11.14 Non Discriminatory Action. Whenever in the administration of the Plan action by the Board of Directors or the
Committee is required or permitted with respect to eligibility or classification of employees, contributions or benefits, such action will be consistently and uniformly applied to all persons similarly situated, and no such action will be taken
which will discriminate in favor of employees who are officers, stockholders or highly compensated employees. 
 11.15 Plan Expenses.
All reasonable expenses in connection with the administration of the Plan, including fees of the Trustee and its counsel or agents, expenses incident to investments of the Trust and any Federal, state or other taxes levied against the Trust, fees of
accountants, actuaries, attorneys, and Investment Managers and any other proper expenses of administering the Plan as determined by the Committee, will be paid from the Trust; provided, however, that the Participating Employers may pay their
respective shares of such expenses directly. 
 ARTICLE XII 
 MANAGEMENT OF TRUSTS 
 12.01 Funds in Trusts. All the assets of the Plan will be held in the Trust
for use in accordance with the provisions of the Plan in providing benefits for Participants, former Participants and Beneficiaries. To the extent permitted by the Trust Agreement, the Trust may also hold assets of any tax qualified defined
contribution plan maintained by a Participating Employer or Non Participating Employer for use in accordance with the provisions of such plan. The assets of the Trust will be held, invested and disposed of in accordance with the terms of the Trust
Agreement. All contributions under this Plan will be paid to the Trustee and, except as otherwise provided in Section 14.03, all assets of the Trust Fund allocable to the Plan, including income from investments and from all other sources, will
be retained for the exclusive benefit of Participants, former Participants and Beneficiaries, and will be used to pay benefits to such persons or to pay expenses of administration of the Plan and the Trust to the extent not paid by Fortune or
another Participating Employer. 
 12.02 Trustee and Trust Agreement. The Trust will be held by a Trustee under a Trust Agreement
approved by the Board of Directors, with such powers in the Trustee as will be provided in the Trust Agreement and in accordance with the provisions of the Plan. The Trust Agreement may provide for the administration thereunder of the funds of any
other defined contribution plan established by Fortune or any other Related Employer and for the commingling of all funds administered under the Trust Agreement. The Trustee will be such bank or trust company as may be appointed by the Board of
Directors from time to time. The Board of Directors may remove a Trustee at any time, upon reasonable notice, and upon such removal, or upon the resignation of a Trustee, the Board of Directors will appoint a successor Trustee. 
  

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 12.03 Investment Managers. The Trusts Investment Committee may appoint one or more investment
counsel as Investment Managers of all or a portion of the Investment Funds held in the Trust and grant to each such Investment Manager full and sole authority and responsibility for the investment and reinvestment of such portion thereof as the
Trusts Investment Committee so directs. The Trusts Investment Committee may remove an Investment Manager at any time, upon reasonable notice, and upon such removal, or upon the resignation of an Investment Manager, the Trusts Investment Committee
may appoint another Investment Manager. The Trusts Investment Committee will also have authority to designate mutual funds for investments of the Plan. 
 12.04 Conclusiveness of Reports. Any report of the Trustee required or permitted under the Plan will be conclusive upon all Participants, former Participants, and Beneficiaries. 
 ARTICLE XIII 
 AMENDMENT AND TERMINATION

 13.01 Reserved Powers. Fortune will have the power by action of its Board of Directors at any time and from time to time to amend,
replace or terminate, in whole or in part, this Plan; provided that the Committee will have the power at any time to amend the Plan to the extent permitted under a written delegation of authority by the Board of Directors. Notwithstanding the
foregoing, no amendment, under any circumstances, may be adopted, the effect of which would be to (a) revest in any Participating Employer any interest in the assets of the Plan or any part thereof, or (b) decrease, either directly or
indirectly, the accrued benefit of any Participant (except as permitted by Code Section 411(d)(6) and applicable regulations and rulings); except that amendments may be so made if, in the opinion of counsel for Fortune, such action is necessary
to qualify, or maintain the qualification of, this Plan under the provisions of the Code. In addition, no amendment may be adopted without the approval of the stockholders of Fortune that would increase the benefits accruing to Participants who are
Employees of Fortune, increase the number of shares of Fortune Common Stock which may be issued under the Plan to Participants who are Employees of Fortune or modify the requirements as to eligibility of Employees of Fortune for participation in the
Plan, provided that the Plan may be amended to increase the Fortune contribution percentage under Sections 3.01 and 4.03 to 3/8ths of 1% of Adjusted Income From Continuing Operations without the approval of the stockholders of Fortune.
Notwithstanding any other provision of this Plan, each Participating Employer reserves the right to completely discontinue its contributions hereunder and its participation in this Plan at any time. 
 13.02 Plan Termination. The Plan may be terminated, completely or partially, at any time by Fortune, by action of the Board of Directors. In the
event of complete termination of the Plan or upon the complete discontinuance of contributions under the Plan by all Participating Employers, and regardless of any formal corporate action, all Account Balances of all Participants will be fully
vested and nonforfeitable, after payment of all expenses of the Plan. In the event of complete termination of the Plan or upon complete discontinuance of contributions under the Plan, the Account Balances of all Participants and former Participants

  

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will be distributable as provided in Article VIII, except that the Committee may direct, then or at any subsequent time, distribution of all assets of the
Plan to those entitled thereto at the time of such direction. In the event of partial termination of the Plan, all Account Balances of Participants as to whom the partial termination applies, and all amounts thereafter credited to the Accounts of
such Participants that arise from any employer contributions for any period ending prior to or on the date of such partial termination, will be fully vested and nonforfeitable and will be distributable in accordance with Article VIII. The Plan is
partially terminated for Participants whose employment is terminated on or after April 27, 1999 as a result of the relocation of the Company’s principal executive offices from Old Greenwich, Connecticut to Lincolnshire, Illinois and each
such Participant shall have a nonforfeitable right to his Accounts. 
 13.03 Plan Merger. The Plan may be merged or consolidated with,
and Plan assets and liabilities may be transferred to, any other plan that is qualified under Code Section 401(a), at any time upon action by the Committee. In the event of any merger or consolidation of the Plan with, or transfer of Plan
assets or liabilities to, any other plan qualified under Code Section 401(a), provision will be made so that each Participant in the Plan on the date thereof (if either the Plan or such other plan then terminated) would 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 prior to the merger, consolidation or transfer if the Plan had then terminated. 
 13.04 Successor Employer. In the event of the disposition of an operating unit by Fortune or another Participating Employer whereby a successor
person, firm or company continues to carry on all or a substantial part of its business, and such successor elects to carry on the provisions of this Plan in such manner as is satisfactory to Fortune, Fortune may cause the assets of the Plan
allocable to the Employees of such operating unit to be transferred to the successor funding agent. In the absence of such a transfer, distribution may be made with respect to such Employees as if the date of disposition constituted the date of
termination of employment of each such Employee. 
 ARTICLE XIV 
 MISCELLANEOUS 
 14.01 Non-Alienation of Benefits. 
 (a) Interest Non-Transferable. Except as may be required by a Qualified Domestic Relations Order, benefits under this Plan may not
in any way be subject to the debts or other obligations of any Participant, former Participant or Beneficiary, and may not be voluntarily or involuntarily sold, transferred or assigned. 
 (b) Application of Benefits. If any Participant, former Participant or Beneficiary or other person having an interest in or under
this Plan or the Trust becomes bankrupt or attempts to anticipate, alienate, sell, transfer, assign, pledge, encumber or charge any benefit under the Plan or interest in the Trust, then such benefit or interest will cease and 

  

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determine, and in that event the Trustee will hold or apply it, in such shares as the Committee determines, to or for the benefit of such Participant, former
Participant or other person, or his spouse, child, parent or other blood relative, or any of them, or to such other person or persons as the Committee may determine, but the Trustee will be under no duty to see to the application of any
distributions so made. 
 14.02 Action by Participating Employers. Any action by a Participating Employer regarding participation in
or withdrawal from this Plan will be evidenced by a resolution of its board of directors certified by its secretary or assistant secretary under its corporate seal. All actions taken in administration of this Plan will be taken by the appropriate
members of the Committee or officers of the Participating Employer or its other employees authorized to take such actions by such officers. 
 14.03 Exclusive Benefit. The Participating Employers will have no right, title or interest in the assets of the Trust, nor will any part of the assets of the Trust at any time revert to any Participating Employer or be used for, or
diverted to, purposes other than for the exclusive benefit of Participants, former Participants or their Beneficiaries, or for defraying Plan expenses, except as follows: 
 (a) If the Internal Revenue Service initially determines that the Plan, as applied to any Participating Employer, does not meet the
requirements of a “qualified plan” under Code Section 401(a), the assets of the Trust attributable to contributions made by that Participating Employer under the Plan will be returned to that Participating Employer within one year of
the date of denial of qualification of the Plan as applied to that Participating Employer. 
 (b) If a contribution or a
portion of a contribution is made by a Participating Employer as a result of a mistake of fact, such contribution or portion of a contribution will not be considered to have been contributed to the Trust by that Participating Employer and, after
having been reduced by any losses of the Trust attributable thereto, will be returned to that Participating Employer within one year of the date the amount is paid to the Trust. 
 (c) Each contribution made by a Participating Employer is conditioned upon the deductibility of such contribution as an expense for
Federal income tax purposes and, therefore, to the extent that the deduction for a contribution made by a Participating Employer is disallowed, then such contribution, or portion of a contribution, after having been reduced by any losses of the
Trust attributable thereto will be returned to that Participating Employer within one year of the date of disallowance of the deduction. 
  

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 14.04 Gender and Number. Where the context admits, words in the masculine gender will include the
feminine and neuter genders, the singular will include the plural and the plural will include the singular. 
 14.05 Right to
Discharge. Every Employee and Participant will be subject to dismissal from the service of every and all Related Employers to the same extent as if this Plan had never been created. 
 14.06 Absence of Guaranty. No Participating Employer in any way guarantees the Trust against loss or depreciation. The liability of the Trustee or
the Participating Employers to make any payment or distribution under the Plan related to assets held or to be held in the Trust, is limited to the available assets of the Trust. 
 14.07 Headings. The headings of Articles and Sections are included solely for convenience of reference and are not intended in any way to modify
or otherwise to affect the text of the Plan. 
 14.08 Governing Law. The Plan will be governed by and administered and construed under
the laws of the State of New York except to the extent that it is required to be governed by and administered and construed under the laws of the United States of America. 
 ARTICLE XV 
 TOP-HEAVY RULES 
 15.01 Top-Heavy Determination. 
 (a) Top-Heavy Test. The Plan is top-heavy for
a Plan Year if: 
 (1) the top-heavy ratio for the Plan exceeds 60% and the Plan is not part of a required aggregation group
or a permissive aggregation group; 
 (2) the Plan is part of a required aggregation group, but not part of a permissive
aggregation group, and the top-heavy ratio for the required aggregation group exceeds 60%; or 
 (3) the Plan is part of a
required aggregation group and part of a permissive aggregation group and the top-heavy ratio for every permissive aggregation group exceeds 60%. 
 (b) Top-Heavy Ratio. The top-heavy ratio is a fraction: 
 (1) the numerator of which
is the sum of the present value of accrued benefits under the aggregate defined benefit plans for all key employees and the sum of account balances under the aggregate defined contribution plans for all key employees as of the determination date(s);
and 
  

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 (2) the denominator of which is the sum of the present values of accrued benefits under
the aggregate defined benefit plans for all Participants and the sum of the account balances under the aggregate defined contribution plans for all Participants as of the determination date(s). 
 Both the numerator and the denominator are determined in accordance with Code Section 416 and the applicable regulations. In both the
numerator and denominator of the top-heavy ratio, the present value of the accrued benefits and the amounts of account balances of an employee are increased by any distribution to the employee under the Plan and any plan aggregated with the Plan
under Code Section 416(g)(2) during the one-year period ending on the determination date (or the five-year period ending on the determination date(s) if a distribution is made for a reason other than separation from service, disability or
death), including distributions under a terminated plan that, if it had not been terminated, would have been required to be included in the aggregation group under Code Section 416(g)(2)(A). The value of account balances and the present value
of accrued benefits will be determined as of the most recent valuation date that falls within or ends with the 12-month period ending on the determination date, except as provided in Code Section 416 and the applicable regulations for the first
and second plan years of a defined benefit plan. The account balances and accrued benefits will be disregarded if the Participant: 
 (1) is not a key employee, but was a key employee in a prior year; or 
 (2) has not been credited with at least one
Hour of Service with any Related Employer at any time during the one-year period ending on the determination date. 
 The calculation of the
top-heavy ratio, and the extent to which distributions, rollovers, and transfers are taken into account will be made in accordance with Code Section 416 and the applicable regulations. Proportional subsidies and nondeductible employee
contributions are ignored in computing the top-heavy ratio. Nonproportional subsidies are considered in computing the top-heavy ratio. When aggregating plans, the value of account balances and accrued benefits will be calculated using the
determination dates that fall within the same calendar year. 
 (c) Required Aggregation Group. A required aggregation
group consists of: 
 (1) each qualified plan of a Related Employer in which at least one key employee participates or
participated at any time during the determination period (regardless of whether the plan has terminated); and 
  

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 (2) any other qualified plan of a Related Employer (regardless of whether the plan has
terminated) which enables a plan described in subparagraph (1) to meet the requirements of Code Section 401(a)(4) or 410. 
 (d) Permissive Aggregation Group. A permissive aggregation group consists of: 
 (1) the required aggregation
group; and 
 (2) any other plans of the Related Employers (regardless of whether the plan has terminated) which, when
considered as a group with the required aggregation group, would continue to satisfy the requirements of Code Sections 401(a)(4) and 410. 
 (e) Key Employee. A key employee is any employee or former employee of a Related Employer (and the beneficiaries of such employee) who at any time during the Plan Year that includes the determination date is:

 (1) an officer of a Related Employer with annual compensation exceeding $130,000 (as adjusted under Code
Section 416(i)(1) for Plan Years beginning after December 31, 2002); 
 (2) a 5% owner of a Related Employer; or

 (3) a 1% owner of a Related Employer with annual compensation exceeding $150,000. 
 For purposes of defining a key employee, annual compensation means compensation within the definition of Code Section 415(c)(3). The determination of
who is a key employee will be made in accordance with Code Section 416(i)(1), the applicable regulations and other guidance of general applicability thereunder. 
 (f) Non-Key Employee. A non-key employee is an employee of a Related Employer who is not a key employee, including an employee who
is a former key employee. 
 (g) Determination Period. The determination period is the Plan Year containing the
determination date and the four preceding Plan Years. 
 (h) Determination Date and Valuation Date. The last day of the
preceding Plan Year is the determination date and the valuation date. 
 (i) Accrual Method. Solely for determining if
the Plan, or any other plan included in a required aggregation group of which this Plan is a part, is top-heavy the accrued benefit of an employee of a Related 

  

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Employer other than a key employee will be determined under (1) the method, if any, that uniformly applies for accrual purposes under all plans
maintained by the group, or (2) if there is no such method, as if the benefit accrued not more rapidly than the slowest accrual rate permitted under the fractional accrual rate of Code Section 411(b)(1)(C). 
 15.02 Minimum Vesting. Notwithstanding the provisions of Article VII, if the Plan is top-heavy in any Plan Year, each Participant who has an Hour
of Service in such Plan Year will have and retain a 100% vested interest in his Account Balances if he has at least three years of Vesting Service. 
 15.03 Minimum Contributions. Notwithstanding any other provision of this Plan to the contrary, for any Plan Year for which the Plan is top-heavy, unless a Participant who is a non-key employee accrues a benefit under a retirement
plan of a Related Employer for such Plan Year of not less than 2% of his average annual compensation during the five consecutive years of his Vesting Service during which his compensation was the greatest multiplied by his years of Vesting Service
not in excess of ten (disregarding any years after the last Plan Year with respect to which the Plan is top-heavy), each Participating Employer will make such additional contributions as is necessary to provide contributions for each Employee
eligible to participate under Article II who is not a key employee equal to 3% of that Participant’s compensation; provided that such contribution need not exceed the greatest contribution for any key employee for such Plan Year. The minimum
contribution under this Section 15.03 will apply even though under other Plan provisions the Employee would not otherwise be entitled to receive an allocation or would have received a lesser allocation for the year because: 
 (1) the individual failed to complete 1,000 Hours of Service; 
 (2) the individual failed to make mandatory contributions to the Plan; or 
 (3) the individual’s compensation is less than a stated amount. 
 If an Employee is eligible to participate under Article II and is not a key employee, then, with respect to any Plan Year in which this Plan is top-heavy
and the Employee is similarly eligible to participate in a defined benefit plan sponsored by Fortune or a Related Company which is also top-heavy, then the appropriate Participating Employer will make such additional contribution to this Plan as
will be necessary to provide a contribution to such Employee equal to 5% of that Employee’s compensation, unless another top-heavy coordination scheme is provided for under such defined benefit plan. 
 For purposes of this Article XV, the term “compensation” means compensation as defined in Code Section 415. Employer matching
contributions and qualified nonelective contributions shall be taken into account for purposes of satisfying the minimum contribution requirements of Section 416(c)(2) of the Code and the Plan. The preceding sentence shall 

  

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apply with respect to matching contributions under the Plan or, if the Plan provides that the minimum contribution requirement shall be met in another plan,
such other plan. Employer matching contributions that are used to satisfy the minimum contribution requirements shall be treated as matching contributions for purposes of the actual contribution percentage test and other requirements of
Section 401(m) of the Code. The Employer may provide that the minimum benefit requirement shall be met in another plan (including another plan that consists solely of a cash or deferred arrangement which meets the requirements of
Section 401(k)(12) of the Code and matching contributions with respect to which the requirements of Section 401(m)(11) of the Code are met). 
 15.04 Special Annual Additions Limitation. With respect to Plan Years commencing before January 1, 2000, in any Plan Year for which the Plan is top-heavy, the fraction 1.0 will be used in place of the
fraction 1.25 in applying the limitations in Sections 6.04 and 6.05 to a Participant who has also participated in a qualified defined benefit plan of a Related Employer. Notwithstanding any other provision of this Plan to the contrary, effective as
of January 1, 2000, this Section 15.04 will no longer limit the benefits of any Participant and will be deleted from the Plan (and Section 15.05 will automatically be redesignated as Section 15.04) without need for further
amendment. 
 15.05 Provisions Applicable if Plan Ceases To Be Top-Heavy. If the Plan is top-heavy with respect to a Plan Year and
ceases to be top-heavy for a subsequent Plan Year and a Participant has completed three years of Vesting Service on or before the last day of the most recent Plan Year for which the Plan was top-heavy, the applicable vesting schedule set forth in
Section 15.02 will continue to apply with respect to a Participant. 
  

					
		 	FORTUNE BRANDS, INC
			
	Date:                     , 2001	 	By:	 	  

		 	Name:	 	
		 	Title:	 	

  

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 EXHIBIT A 
 TRANSITIONAL PROVISIONS 
 A.1 Transitional Provision for Salaried Employees of Schrock Cabinet
Company. Notwithstanding any other provision of this Plan to the contrary, an Employee of Schrock Cabinet Company on June 12, 1998 will participate in this Plan on such date and will be credited with Hours of Service and periods of
employment with Schrock Cabinet Company, a division of White Consolidated Industries, Inc., prior to the date that it became a Related Employer in determining a Year of Eligibility Service and Vesting Service. 
 A.2 Transitional Provision for Employees of Peak Wines International, Inc. Notwithstanding any other provision of this Plan to the contrary, Peak
Wines International, Inc. Employees who participated in the Geyser Peak Winery Employees’ Savings Plan immediately prior to August 23, 1998 will become Participants as of August 23, 1998 and will be eligible to have Tax Deferred
Contributions made on their behalf under Article IV as soon as administratively practicable thereafter. Effective as of August 23, 1998, all Employees of Geyser Peak Winery will be credited with Hours of Service and periods of employment under
this Plan to the same extent such hours of and periods of service had been credited immediately prior to such date under the Geyser Peak Winery Employees’ Savings Plan in determining a Year of Eligibility Service and Vesting Service.

 A.3 Transitional Provision for Employees of Creative Specialties, Inc. Notwithstanding any other provision of this Plan to the
contrary, any Employee of Creative Specialties, Inc. who participated in the CSI Donner 401(k) Retirement Plan will participate in this Plan on January 1, 1999 and Employees of Creative Specialties, Inc. will be credited with Hours of Service
and periods of employment with Creative Specialties, Inc. prior to the date that it became a Related Employer in determining a Year of Eligibility Service and Vesting Service. To the extent that this Plan accepts a transfer of assets and liabilities
from the CSI Donner 401(k) Retirement Plan, amounts held as tax deferred elective contributions or qualified nonelective contributions thereunder will be held in the Tax Deferred Contribution Account under this Plan, amounts held as employer
matching contributions thereunder will be held in the Company Matching Account under this Plan and other employer contributions thereunder will be held in the Profit-Sharing Account under this Plan. 
 A.4 Transitional Provision for Former Employees of Cobra Golf Incorporated. Notwithstanding any other provision of this Plan, any employee of
Acushnet Company who, prior to January 1, 2000, was an employee of Cobra Golf Incorporated (“Former Cobra Participants”) will participate in this Plan on January 1, 2000 and will be credited with Hours of Service and periods of
employment with Cobra Golf Incorporated prior to the date the employee became an employee of Acushnet Company for purposes of determining a Year of Eligibility Service and a Year of Vesting Service. Effective July 1, 2000, the Cobra Golf
Incorporated 40l(k) Savings Plan (the “Cobra Plan”) will be merged with and into this Plan and the assets and liabilities of the Cobra Plan will be transferred to this Plan. Such assets and liabilities that are held in a tax deferred
elective contribution 

  

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account in the Cobra Plan will be held in the Tax Deferred Contribution Account under this Plan, and amounts held as employer matching contributions under
the Cobra Plan will be held in the Company Matching Account under this Plan. In accordance with Section 414(l) of the Code, immediately following the merger of the Cobra Plan with and into this Plan, each Participant’s account balances
will equal the sum of such Participant’s account balances in this Plan and in the Cobra Plan immediately prior to the merger. 
 A.5
Transitional Provision for Former Employees of Wild Horse Winery. Effective December 31, 2003, the Wild Horse Winery 401(k) Profit Sharing Plan (the “Wild Horse Plan”) will be merged with and into this Plan and the assets and
liabilities of the Wild Horse Plan will be transferred to this Plan. Such assets and liabilities that are held in a tax-deferred elective contribution account in the Wild Horse Plan will be held in the Tax Deferred Contribution Account under this
Plan, and amounts held as employer matching contributions under the Wild Horse Plan will be held in the Wild Horse Matching Account under this Plan. In accordance with Section 414(l) of the Code, immediately following the merger of the Wild
Horse Plan with and into this Plan, each Participant’s account balances will equal the sum of such Participant’s account balances in this Plan and in the Wild Horse Plan immediately prior to the merger. Each participant in the Wild Horse
Plan on December 31, 2003 will be credited under this Plan with the Hours of Service and Years of Service for vesting purposes credited to him under the Wild Horse Plan on December 31, 2003, provided that no such participant shall receive
credit for Hours of Service and Years of Service for vesting purposes under another provision of this Plan for the same period of service covered by the credit in this sentence. 
 A.6 Transitional Provision for Former Employees of Future Brands LLC. Notwithstanding any other provision of this Plan, any employee of Peak Wines
International, Inc. who transferred directly from employment with Future Brands LLC will be credited under this Plan with the Hours of Service and periods of employment with Future Brands LLC prior to the date the employee became an employee of Peak
Wines International, Inc. for purposes of determining a Year of Eligibility Service and a Year of Vesting Service. To the extent that this Plan accepts a transfer of assets and liabilities from the Future Brands LLC Retirement Savings Plan, amounts
held as tax deferred elective contributions thereunder will be held in the Tax Deferred Contribution Account under this Plan, and other employer contributions thereunder will be held in the Profit-Sharing Account under this Plan. 
 A.7 Transitional Provision for Employees of Omega Cabinets, Ltd. Notwithstanding any other provision of this Plan to the contrary, an Employee of
Omega Cabinets, Ltd. who was a participant in the Omega Cabinets, Ltd. 401(k) Plan as of June 30, 2004, will participate in this Plan on July 1, 2004, and will be credited with Hours of Service and periods of employment with Omega
Cabinets, Ltd. prior to the date that it became a Related Employer in determining a Year of Eligibility Service and Vesting Service. To the extent that this Plan accepts a transfer of assets and liabilities from the Omega Cabinets, Ltd. 401(k) Plan,
each transferred Participant’s tax deferral contribution account under the Omega Cabinets, Ltd. 401(k) will be credited to the Participant’s Tax Deferred Account, each transferred Participant’s company matching contribution account
under the Omega Cabinets, Ltd. 401(k) will be credited to the Participant’s Company 

  

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Matching Account, each transferred Participant’s profit sharing account under the Omega Cabinets, Ltd. 401(k) will be credited to the Participant’s
Profit Sharing Account and each transferred Participant’s rollover contribution account under the Omega Cabinets, Ltd. 401(k) will be credited to the Participant’s Rollover Account. Section 4.01(b) shall not be applicable to Employees
hired by Omega Cabinets, Ltd. prior to July 1, 2004, and the election by such Employees to defer a percentage of Compensation to the Omega Cabinets, Ltd. 401(k) Plan (or failure to participate) shall be recognized as an election with respect to
Tax Deferred Contributions under this Plan until changed by the Employee. Designation of a beneficiary under the Omega Cabinets, Ltd. 401(k) Plan by an Employee of Omega Cabinets, Ltd. shall be recognized as a Beneficiary designation under this Plan
until changed by the Employee in accordance with Section 8.05 of the Plan. Each individual who is an Employee of Omega Cabinets, Ltd. on June 30, 2004, and who is not a participant in the Omega Cabinets, Ltd. 401(k) Plan will be eligible
to have Tax Deferral Contributions made on his behalf in accordance with Article IV on the earlier of (1) the date he is employed in a position where he is regularly scheduled to work at least 20 hours per week, and (2) upon the first
Entry Date following completion of six months of eligibility service, as defined in the Omega Cabinets, Ltd. 401(k) Plan. 
 A.8
Transitional Provision for Employees of Capital Cabinet Corporation. Notwithstanding any other provision of this Plan to the contrary, an Employee of Capital Cabinet Corporation who was a participant in the Capital Cabinet Corp. 401(k) Profit
Sharing Plan as of December 6, 2004, will participate in this Plan on December 7, 2004. To the extent that this Plan accepts a transfer of assets and liabilities from the Capital Cabinet Corp. 401(k) Profit Sharing Plan, each transferred
Participant’s elective contribution account under the Capital Cabinet Corp. 401(k) Profit Sharing Plan will be credited to the Participant’s Tax Deferred Account, each transferred Participant’s matching contribution account under the
Capital Cabinet Corp. 401(k) Profit Sharing Plan will be credited to the Participant’s Company Matching Account, and each transferred Participant’s rollover contribution account under the Capital Cabinet Corp. 401(k) Profit Sharing Plan
will be credited to the Participant’s Rollover Account. Section 4.01(b) shall not be applicable to Employees hired by Capital Cabinet Corporation prior to October 2, 2004, and the election by such Employees to defer a percentage of
pre-tax compensation to the Capital Cabinet Corp. 401(k) Profit Sharing Plan (or failure to participate) shall be recognized as an election with respect to Tax Deferred Contributions under this Plan until changed by the Employee, except that an
election under the Capital Cabinet Corp. 401(k) Profit Sharing Plan shall be automatically reduced as necessary to comply with Plan Tax Deferred Contribution maximums pursuant to Section 4.01(a). Designation of a beneficiary under the Capital
Cabinet Corp. 401(k) Profit Sharing Plan by a Employee of Capital Cabinet Corporation shall be recognized as a Beneficiary designation under this Plan until changed by the Employee in accordance with Section 8.05 of the Plan. Each individual
who is an Employee of Capital Cabinet Corporation on December 7, 2004, and who is not a participant in the Capital Cabinet Corp. 401(k) Profit Sharing Plan will be eligible to have Tax Deferred Contributions made on his behalf in accordance
with Section 4.01 on the earlier of (1) the date he is employed in a position where he is regularly scheduled to work at least 20 hours per week, and (2) upon the first Entry Date following completion of a Year of Eligibility Service,
provided that, for purposes of determining a Year of Eligibility Service, each such Employee’s service under the Capital Cabinet Corp. 

  

 A-3 

 
401(k) Profit Sharing Plan will be converted to Hours of Service in accordance with Department of Labor and Internal Revenue Service regulations. Each
Participant who was a participant in the Capital Cabinet Corp. 401(k) Profit Sharing Plan prior to December 7, 2004 will be subject to the vesting schedule in Section 7.02 of the Plan. For purposes of determining Vesting Service, each
Participant will be credited with the number of years of vesting service credited under the Capital Cabinet Corp. 401(k) Profit Sharing Plan as of December 31, 2003, plus the greater of either (i) the credit the Employee would receive
under the elapsed time method for the period beginning January 1, 2004, and ending December 31, 2004, or (ii) the service the Employee would have received under the Hours of Service method as December 7, 2004. 
 A.9 Transitional Provision for Employees of Kitchen Craft of Canada. Notwithstanding any other provision of this Plan to the contrary, an Employee
on the U.S. payroll of Kitchen Craft of Canada as of March 31, 2005 will be eligible to participate in this Plan on April 1, 2005, and for purposes of determining a Year of Eligibility Service and Vesting Service under the elapsed time
method, will be credited with periods of employment with Kitchen Craft of Canada prior to the date that it became a Related Employer under the Plan. Section 4.01(b) of the Plan shall not apply to Employees hired by Kitchen Craft of Canada prior
to April 1, 2005, but shall apply to Employees hired by Kitchen Craft of Canada on its U.S. payroll on or after such date. 
 A.10
Spin-off of ACCO. Pursuant to the Distribution Agreement, dated March 15, 2005, as amended, by and between Fortune Brands, Inc. and ACCO World Corporation (the ‘Distribution Agreement’), Fortune will distribute its shares of
ACCO World Corporation to Fortune shareholders. The assets and Liabilities of the Plan attributable to all Employees, and former Employees of ACCO or any of its subsidiaries (and their and Beneficiaries) (‘ACCO Transferees’) will be
transferred to a new defined contribution plan established by ACCO World Corporation as soon as practicable following the Time of Distribution (as defined in the Distribution Agreement). Notwithstanding the foregoing, any former Employee of ACCO or
one of its subsidiaries who subsequently transferred to another Participating Employer will not be treated as an ACCO Transferee. The transfer of assets and liabilities pursuant to this Paragraph A.10. shall comply with the requirements of
Section 414(1) of the Code. 
 A.11 Transitional Provision for Employees of Therma-Tru Corp. Notwithstanding any other provision
of this Plan to the contrary, an Employee of Therma-Tru Corp. who was a participant in the Therma-Tru 401(k) Retirement Savings Plan as of August 31, 2005, will participate in this Plan on September 1, 2005, and will be credited with Hours
of Service and periods of employment with Therma-Tru Corp. prior to the date that it became a Related Employer in determining a Year of Eligibility Service. To the extent that this Plan accepts a transfer of assets and liabilities from the
Therma-Tru 401(k) Retirement Savings Plan, the portion of each transferred Participant’s account attributable to elective contributions under Section 4.2 of the Therma-Tru 401(k) Retirement Savings Plan will be credited to the
Participant’s Tax Deferred Account, the portion of each transferred Participant’s account attributable to after-tax contributions under Section 4.12 of the Therma-Tru 401(k) Retirement Savings Plan will be credited to the
Participant’s After-Tax Account, the portion of each transferred Participant’s account attributable to safe 

  

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harbor employer nonelective contributions under Section 4.1(b) of the Therma-Tru 401(k) Retirement Savings Plan will be credited to the
Participant’s Therma-Tru and Beam Wine Estates Qualified Nonelective Account, the portion of each transferred Participant’s account attributable to discretionary employer contributions under Section 4.1(c) of the Therma-Tru 401(k)
Retirement Savings Plan will be credited to the Participant’s Therma-Tru Profit-Sharing Account, the portion of each transferred Participant’s account attributable to employer contributions to a prior plan, which was merged into the
Therma-Tru 401(k) Retirement Savings Plan, will be credited to the Participant’s Therma-Tru Prior Employer Account, and the portion of each transferred Participant’s account attributable to rollover contributions under Section 4.11 of
the Therma-Tru 401(k) Retirement Savings Plan will be credited to the Participant’s Rollover Account. Section 4.01(b) shall not apply to Employees hired by Therma-Tru Corp. prior to September 1, 2005, and the election by such
Employees to defer a percentage of pre-tax compensation to the Therma-Tru 401(k) Retirement Savings Plan (or not to participate) shall be recognized as an election with respect to Tax Deferred Contributions under this Plan until changed by the
Employee, except that an election under the Therma-Tru 401(k) Retirement Savings Plan shall be automatically reduced as necessary to comply with the maximum amount of Tax Deferred and After-Tax Contributions pursuant to Section 4.01(a).
Designation of a beneficiary under the Therma-Tru 401(k) Retirement Savings Plan by a Employee of Therma-Tru Corp. shall be recognized as a Beneficiary designation under this Plan until changed by the Employee in accordance with Section 8.05 of
the Plan. The limitations on the number of loans in Section 10.01 and the length of a home loan in Section 10.05 shall not apply to Plan loans for Employees of Therma-Tru Corp. that originated prior to September 1, 2005. Each
individual who is an Employee of Therma-Tru Corp. on September 1, 2005, and who is not a participant in the Therma-Tru 401(k) Retirement Savings Plan will be eligible to have Tax Deferred Contributions made on his behalf in accordance with
Section 4.01 on the earlier of (1) the date he is employed in a position where he is regularly scheduled to work at least 20 hours per week, and (2) the first Entry Date following completion of a Year of Eligibility Service.

 A.12 Transitional Provision for Employees of Makers Mark Distillery, Inc. and Beam Wine Estates, Inc. Notwithstanding any other
provision of this Plan to the contrary, Employees of Makers Mark Distillery, Inc. and Beam Wine Estates, Inc. as of December 31, 2005 will be eligible to participate in this Plan on January 1, 2006, and for purposes of determining a Year
of Eligibility Service and Vesting Service under the elapsed time method, will be credited with the periods of employment with which they would have been credited under the Allied Domecq Savings Plan prior to the date that Makers Mark Distillery,
Inc. and Beam Wine Estates, Inc. became Related Employers under the Plan. 
  

 A-5 

 EXHIBIT B 
 SPECIAL CONTRIBUTION FOR BEAM PARTICIPATING EMPLOYERS 
 On or before October 15, 2003, each Beam Participating Employer
will make a special contribution with respect to the 2002 Plan Year in an amount equal to 1.5% of the Adjusted Earnings of all Participants who are eligible under Section 3.03(c) for an allocation of the 2002 Profit-Sharing Contribution made by
such Beam Participating Employer. Only Participants who were eligible for the 2002 Profit-Sharing Contribution under Section 3.03(c) will be eligible for an allocation of the special contribution under this Exhibit B. This special contribution
will be allocated to the Profit Sharing Accounts of each Beam Participating Employer’s eligible Participants in the same proportion as a Participant’s Adjusted Earnings bears to the total Adjusted Earnings of all such eligible Participants
for 2002. 
  

 B-1 

 EXHIBIT C 
 SPECIAL 2006 CONTRIBUTION FOR 
 EMPLOYEES OF BEAM WINE ESTATES, INC. 
 On or before February 28, 2006, Beam Wine Estates, Inc. will make a special 2006 contribution on behalf of those Participants: (i) who were Employees of Beam
Wine Estates, Inc. from November 17, 2005 through December 31, 2005, and (ii) who were employed by Allied Domecq Spirits USA or a member of its controlled group on November 16, 2005. The amount of this special 2006 contribution
will be an amount equal to 8% of the Compensation as defined in Section 4.01(d)(3) earned by such Participants from November 17, 2005 through December 31, 2005. This special 2006 contribution will be allocated to each
Participant’s Therma-Tru and Beam Wine Estates Qualified Nonelective Account in the same proportion as each Participant’s Compensation bears to the total Compensation earned by all such eligible Participants during the period from
November 17, 2005 through December 31, 2005. 
  

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