Document:

EDS 401(k) Plan

 EXHIBIT 10.3 
 EDS 401(k) PLAN 
 (Amended and Restated Document - January 1, 2003) 
 (Conformed copy reflecting Amendments One through Six) 

 TABLE OF CONTENTS 
  

					
	ARTICLE 1 INTRODUCTION	 	1
	    1.1	 	Creation	 	1
	    1.2	 	Amendment and Restatement	 	1
	    1.3	 	Purpose	 	1
	    1.4	 	Merger	 	1
	ARTICLE 2 DEFINITIONS	 	2
	    2.1	 	Definitions	 	2
	    2.2	 	Construction	 	17
	ARTICLE 3 ELIGIBILITY, PARTICIPATION, AND BENEFICIARY DESIGNATION	 	18
	    3.1	 	Eligibility Period	 	18
	    3.2	 	Participation	 	18
	    3.3	 	Credited Service	 	18
	    3.4	 	Service	 	18
	    3.5	 	One -Year Break-in-Service	 	20
	    3.6	 	Special Rules Applicable to ATK Plan Participants, UGS Plan Participants and Certain Other Employees	 	21
	    3.7	 	Beneficiary Designation	 	22
	ARTICLE 4 CONTRIBUTIONS	 	23
	    4.1	 	Employer Contributions	 	23
	    4.2	 	Elective Contributions	 	25
	    4.3	 	Payment of Elective Contributions to the Trust	 	27
	    4.4	 	Limitation on Elective Contributions for Highly Compensated Employees	 	27
	    4.5	 	Limitation on Employer Matching Contributions	 	33
	    4.6	 	Rollover Contribution	 	38
	    4.7	 	Transferred Assets	 	38
	    4.8	 	Reverting of Contribution Made by Mistake of Fact	 	39
	    4.9	 	Reverting of Non-Deductible Contribution	 	39
	    4.10	 	Limitation on Reversions	 	39
	ARTICLE 5 ALLOCATIONS TO INDIVIDUAL ACCOUNTS	 	39
	    5.1	 	Individual Account	 	39
	    5.2	 	Charging of Payments and Distributions	 	40
	    5.3	 	Allocation of Adjustment	 	40
	    5.4	 	Allocation of Employer Contributions	 	40
	    5.5	 	Forfeitures	 	42
	    5.6	 	Maximum Additions	 	42
	    5.7	 	Correction For Excess Annual Additions	 	43
	    5.8	 	Limitation For Multiple Plan Participants	 	43
	ARTICLE 6 VESTING AND DISTRIBUTIONS	 	44
	    6.1	 	Normal Retirement	 	44
	    6.2	 	Death	 	44
	    6.3	 	Disability	 	44
	    6.4	 	Other Termination of Service	 	44

  

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	    6.5	 	Distribution of Benefits	 	45
	    6.6	 	Maximum Option Payable	 	50
	    6.7	 	Vesting After a Distribution	 	50
	    6.8	 	Benefits to Minors and Incompetents	 	51
	    6.9	 	Forfeiture Occurs and Restoration of Non-Vested Accrued Benefit	 	51
	    6.10	 	Participant’s Death Prior to Commencement of Distribution - the Five-YearRule and Exceptions Thereto	 	52
	    6.11	 	Life Expectancy Determination	 	53
	    6.12	 	Required Beginning Date	 	53
	    6.13	 	Special Rule Regarding Certain Distributions From EDS Stock Fund	 	53
	    6.14	 	Required Notifications	 	54
	    6.15	 	Required Minimum Distribution Rules Effective January 1, 2003	 	55
	ARTICLE 7 WITHDRAWALS AND LOANS	 	57
	    7.1	 	Withdrawals and Loans Generally	 	57
	    7.2	 	Special Hardship Withdrawal	 	57
	    7.3	 	In-Service Withdrawal	 	60
	    7.4	 	Loans	 	60
	    7.5	 	Discretionary Withdrawal	 	63
	ARTICLE 8 FUNDING	 	63
	    8.1	 	Trustee	 	63
	    8.2	 	Direction of Investments	 	64
	    8.3	 	Change in Direction	 	65
	    8.4	 	Overpayment and Underpayment of Benefits	 	66
	ARTICLE 9 FIDUCIARIES	 	66
	    9.1	 	General	 	66
	    9.2	 	Appointment of the Benefits Administration Committee	 	67
	    9.3	 	Appointment of the Investment Committee	 	67
	    9.4	 	Compensation and Expenses, Costs and Fees	 	67
	    9.5	 	Secretary and Administrative Personnel of the Committees	 	68
	    9.6	 	Duties and Authority of Administrative Personnel	 	68
	    9.7	 	Action by the Benefits Administration Committee or Investment Committee	 	68
	    9.8	 	Duties and Authorities of the Benefits Administration Committee	 	69
	    9.9	 	Duties and Authorities of the Investment Committee	 	70
	    9.10	 	Claims Procedure and Other Rules and Regulations of the Benefits Administration Committee	 	71
	    9.11	 	Named Fiduciaries and Allocation of Responsibility	 	71
	    9.12	 	Action by Fiduciaries	 	71
	    9.13	 	Employment of Advisers	 	71
	    9.14	 	Bond	 	72
	    9.15	 	Indemnity	 	72
	    9.16	 	Missing Persons	 	73
	    9.17	 	Voting Employer Stock	 	73
	ARTICLE 10 AMENDMENT AND TERMINATION	 	75
	    10.1	 	Amendment of Plan	 	75
	    10.2	 	Termination of Plan	 	75

  

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	ARTICLE 11 PROVISIONS RELATIVE TO EMPLOYERS INCLUDED IN PLAN	 	75
	    11.1	 	Method of Participation	 	75
	    11.2	 	Withdrawal	 	76
	ARTICLE 12 TOP-HEAVY PROVISIONS	 	77
	    12.1	 	Top-Heavy Provisions	 	77
	    12.2	 	Minimum Allocations	 	77
	ARTICLE 13 QUALIFIED DOMESTIC RELATIONS ORDERS	 	79
	    13.1	 	Determination of Qualified Domestic Relations Orders	 	79
	    13.2	 	Accounting and Allocations	 	79
	    13.3	 	Distribution	 	79
	ARTICLE 14 MILITARY LEAVES OF ABSENCE	 	79
	    14.1	 	Military Leave of Absence	 	79
	    14.2	 	Elective Contributions.	 	79
	    14.3	 	Matching Contributions	 	80
	    14.4	 	Treatment of Contributions	 	80
	ARTICLE 15 ESOP PROVISIONS	 	80
	    15.1	 	The EDS Stock Fund	 	80
	    15.2	 	Distribution Requirements	 	81
	    15.3	 	Voting Requirements	 	81
	    15.4	 	Diversification Requirements	 	81
	    15.5	 	Dividends	 	82
	ARTICLE 16 MISCELLANEOUS	 	82
	    16.1	 	Governing Law	 	82
	    16.2	 	Administration Expenses, Costs and Fees	 	83
	    16.3	 	Participant’s Rights, Acquittance	 	83
	    16.4	 	Spendthrift Clause	 	83
	    16.5	 	Merger, Consolidation or Transfer	 	83
	    16.6	 	Counterparts	 	83
	Appendix A	 	A-1
	Appendix B	 	B-1
	Appendix C	 	C-1
	Appendix D	 	D-1
	Appendix E	 	E-1
	Appendix F	 	F-1
	Appendix G	 	G-1

  

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 EDS 401(k) PLAN 
 (Amendment and Restatement effective January 1, 2003) 
 THIS amended and restated employee
benefit plan is adopted on this 20th day of December, 2002, by Electronic Data Systems Corporation, a company organized pursuant to the laws of the State of Delaware, with its principal office in Plano, Collin County, Texas. 
 ARTICLE 1 
 INTRODUCTION

 1.1 Creation. By authorization of its Board of Directors (“Board”), the Company adopted the EDS Deferred
Compensation Plan and Trust (the “Plan”), effective July 1, 1983, a qualified profit-sharing plan with provisions pursuant to section 401(k) of the Internal Revenue Code of 1954. The Plan shall be administered under the supervision of
the Benefits and Compensation Committee for the sole benefit of the Employee Participants and their Beneficiaries, and no part of the Trust shall ever revert to the Company or any Employer, except as hereinafter provided in Article 4
(Contributions). 
 1.2 Amendment and Restatement. The initial Plan document was first amended and restated effective July 1,
1984. In accordance with the intentions of the Plan and in order to secure and maintain the initial qualification of the Plan and Trust in compliance with the applicable provisions of the Internal Revenue Code of 1986, as amended (the
“Code”), it was determined that the Plan should again be completely amended and restated. The Plan has been amended since then as necessary to comply with changes in applicable law and to make certain changes to the design and operation of
the Plan. This amendment and restatement of the Plan is adopted as a complete amendment of the Plan as initially created and qualified without a lapse in coverage, time or effect as a qualified Plan. 
 1.3 Purpose. The purpose of the Plan is to provide Employees with a retirement savings program through which they may elect to defer a portion of
their salaries which their Employer will contribute to the Trust pursuant to the provisions herein. Further, the Company intends to provide the Employees with an additional incentive and retirement security by providing a uniform and
nondiscriminatory plan through which contributions may be accumulated and distributed to Participants or their Beneficiaries in the case of the disability, death, attainment of age fifty-nine and one-half (59-1/2), or retirement of a Participant, as
hereinafter provided. Subject to the powers reserved herein to amend and terminate the Plan, the Plan has been adopted by the Company with the intention of creating a permanent and continuing plan for the exclusive benefit of the Employees and their
Beneficiaries. 
 1.4 Merger. This amendment and restatement reflects the merger of the Unigraphics Solutions, Inc. 401(k) Plan (the
“UGS Plan”) and the A.T. Kearney, Inc. Profit Sharing and 401(k) Retirement Plan (the “ATK Plan”) into this Plan, which mergers are effective January 1, 2003. All of the provisions of the ATK Plan and the UGS Plan are
expressly incorporated herein by this reference for purposes of determining the amount, allocation of and limitations on any 
  

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 contributions that are made to this Plan for the benefit of the ATK Plan Participants and the UGS Plan Participants for
the plan years ended December 31, 2002. For purposes of determining the amount and allocation of all contributions relating to plan years beginning on and after January 1, 2003, the provisions of the ATK Plan and UGS Plan shall no longer
apply and the provisions of this Plan shall control. In addition to the foregoing, effective December 17, 2004, the Wendover Funding, Inc. Savings Plus Plan (the “Wendover Plan”) is merged into this Plan and each person’s account
in the Wendover Plan shall be transferred to and maintained under this Plan in accordance with its terms provided that such transferred Wendover Plan accounts shall not be available for distributions, loans or withdrawals, and shall not be subject
to a former Wendover Plan participant’s investment directions, until December 20, 2004 or such later date as the Plan Administrator determines is necessary. 
 ARTICLE 2 
 DEFINITIONS 
 2.1 Definitions. The following words shall, when used herein, have the following meanings unless the context indicates otherwise: 
 (1) Account Manager means a Fiduciary appointed by the Investment Committee pursuant to Section 9.9 (Duties and Authorities of
the Investment Committee) to manage any or all assets of the Plan not otherwise managed by Investment Managers. 
 (2)
Actual Deferral Percentage is defined in Section 4.4(b) (Limitation on Elective Contributions for Highly Compensated Employees). 
 (3) Actual Contribution Percentage is defined in Section 4.5(b) (Limitation on Employer Matching Contributions). 
 (4) Adjustment means, as of any Valuation Date, the gains and income minus the losses and the expenses, costs or fees actually
incurred and paid from the Trust since the immediately preceding Valuation Date. 
 (5) Aggregation Group means two or
more plans of any Controlled Group Member aggregated pursuant to the aggregation rules of Code Section 416 in order to determine whether such plans, as a group, are Top-Heavy Plans. The Aggregation Group must include any Qualified Plan
sponsored by a Controlled Group Member in which a Key Employee also participates as of the Determination Date or any of the four (4) preceding Plan Years. Additionally, the Aggregation Group must include any other Qualified Plan of a Controlled
Group Member which covers a Key Employee and any other Qualified Plan which enables any Qualified Plan covering a Key Employee to meet the qualification requirements pursuant to the coverage and anti-discrimination rules set forth in Code Sections
401(a)(4) and 410(b). 
 (6) Alternate Payee shall have the same meaning as set forth in Code Section 414(p)(8).

  

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 (7) Annual Addition shall mean, for any Limitation Year, the amount allocated to a
Participant’s Individual Account which is attributable to contributions paid by an Employer to the Trustee and any forfeitures for a particular Plan Year. Annual Additions shall not include Rollover Contributions, but shall include the
following: 
 (i) employer contributions, including Elective Contributions; 
 (ii) employee contributions; 
 (iii) forfeitures; and 
 (iv) contributions during the Limitation Year allocated to any
individual medical benefit account (within the meaning of Code Sections 415(l) and 419A(d)(2)) that is established for the Participant. 
 (8) Annuity Starting Date shall mean the first day of the first period for which an amount is paid as an annuity or, if payable in a form other than an annuity, the first day on which all events have occurred
which entitle the Participant to such benefit under the Plan, but in no event is the Annuity Starting Date earlier than a Participant’s separation from Service. 
 (9) ATK Plan Participant shall mean any person who was a participant in the ATK Plan on December 31, 2002 and whose account in
the ATK Plan was transferred to this Plan in connection with the merger of the ATK Plan into this Plan. 
 (10) Beneficiary
(also Designated Beneficiary) shall mean such person, or a trust created for the benefit of such a person, or the Participant’s estate, whoever or whichever is entitled to receive benefits hereunder in the event of the Participant’s
death prior to the complete distribution of the balance credited to such Participant’s Individual Account. 
 (11)
Benefit Credit shall mean amounts that would be credited to an eligible Participant’s Personal Pension Account, as defined in the EDS Retirement Plan, pursuant to Section 5.2 of the EDS Retirement Plan, determined without regard to
any choice election made under Section 5.8 of that plan. 
 (12) Benefit Dollars shall mean those dollars provided
by an Employer to an Employee during a calendar year for the purposes of purchasing certain welfare or fringe benefits through a cafeteria plan maintained by the Company pursuant to Code Section 125. The term Benefit Dollars shall not include
any portion of Employer-provided dollars which are not actually used by the Employee to purchase welfare and fringe benefits and are treated as income taxable to the Employee. 
  

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 (13) Benefits Administration Committee means the committee set forth in
Section 9.2. 
 (14) Choice Allocation Account shall mean the portion of a Participant’s Individual Account
consisting of Choice Allocation Contributions allocated to such Participant pursuant to Section 5.4 (Allocation of Employer Contributions), together with Adjustments thereto, plus, in the case of a UGS Plan Participant, the amount of choice
allocation contributions that are transferred to this Plan on behalf of such Participant as a result of the merger of the UGS Plan into this Plan. 
 (15) Choice Allocation Contribution shall mean a contribution made by an Employer pursuant to Section 4.1(c) (Employer Contributions). 
 (16) Company shall mean Electronic Data Systems Corporation, a corporation established under the laws of the State of Delaware, its
successors and assigns. 
 (17) Compensation shall mean for all purposes under the Plan except as otherwise provided in
this section 2.1(17), total earnings prior to withholding, as reported on Internal Revenue Service Form W-2, paid to any Employee by an Employer. Compensation shall be increased by Elective Contributions made to any Qualified Plan maintained by an
Employer or Controlled Group Member on behalf of such Employee. Compensation shall exclude the following: 
 (i) amounts not
included in income pursuant to a salary deferral election made pursuant to a cafeteria plan described in Code Section 125 or, effective for Plan Years beginning on or after January 1, 2001, pursuant to a salary reduction agreement under
Code Section 132(f)(4); 
 (ii) extraordinary expenses such as moving expenses, overseas living allowances, imputed value
of group life insurance or such other similar amounts and any benefits provided through a welfare benefit fund; 
 (iii)
Benefit Dollars; 
 (iv) payments in the form of Employer Stock; and 
 (v) severance payments and benefits. 
 For purposes of applying the limitations of Section 5.6 and the provisions of Article 12; for purposes of determining whether an individual is a Highly Compensated Employee pursuant to Section 2.1(50); and for purposes of applying
the limitations described in Sections 4.4 and 4.5; Compensation means an Employee’s Compensation required to be reported under Code Sections 6041 and 6051 (i.e., Box 1 Compensation) but determined without regard to any rules that limit
remuneration included in wages based on the nature or location of the employment or the services performed, increased, effective January 1, 1998 for purposes of applying the limitations of Section 5.6 and the provisions of Article

  

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 12 and January 1, 2002 for all other purposes, by amounts excluded from compensation in lieu of
benefits under a cash or deferred arrangement under Code Section 401(k), a cafeteria plan under Code Section 125 or, effective for Plan Years beginning on or after January 1, 2001, a salary reduction agreement under Code
Section 132(f)(4); provided; however, that in lieu of the definition of Compensation set forth herein, the Benefits Administration Committee may elect an alternative definition of compensation permitted under Treasury regulations for purposes
of applying the limitations described in Sections 4.4 and 4.5. 
 Notwithstanding anything herein to the contrary, for purposes of calculating
an ATK Participant’s allocation of Employer Matching Contributions and Choice Allocation Contributions, Compensation shall not include any awards or payments under the 1996 Incentive Plan of Electronic Data Systems Corporation (or any
predecessor or successor plan), the A.T. Kearney, Inc. Intellectual Capital Recognition Program and the A.T. Kearney Enhanced Leave of Absence program. 
 The maximum amount of Compensation that may be taken into account each Plan Year shall not exceed $200,000 (or $150,000 effective for Plan Years beginning prior to January 1, 2002), as adjusted pursuant to Code
Section 401(a)(17). 
 (18) Compensation and Benefits Committee shall mean the subcommittee of the Board of
Directors of the Company authorized to carry out such duties as determined by the Board of Directors and set forth in the Plan and Trust Agreement. 
 (19) Computation Period shall mean any twelve-consecutive-month period commencing or ending on the dates specified herein. 
 (20) Controlled Group Member shall mean a company which is a member of a controlled group of companies, a group of trades or
businesses under common control or an affiliated service group as defined, respectively, in Code Sections 414(b), (c) and (m), of which an Employer is also a member, and any other entity required to be aggregated with an Employer pursuant to
Code Section 414(o). For purposes of Section 5.8, Controlled Group Member shall be determined pursuant to Code Sections 414(b), (c), (m) and (o) as amended by Code Section 415(h). 
 (21) Credited Service is defined in Section 3.3 (Credited Service). 
 (22) Customer shall mean any entity for which an Employer provides any trade, goods, or services. 
 (23) Date of Employment shall mean the date on which an Employee first performs an Hour of Service for an Employer. 
 (24) Date of Reemployment shall mean the date an Employee first performs an Hour of Service for an Employer after a termination of
Service. 
  

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 (25) Defined Benefit Plan means a plan as defined in ERISA section 3(35).

 (26) Defined Contribution Plan means a plan as defined in ERISA section 3(34). 
 (27) Determination Date is defined in Section 12.1 (Top-Heavy Provisions). 
 (28) Discretionary Profit Sharing Contribution Account shall mean the amount of nonelective contributions that are transferred to
this Plan on behalf of an ATK Participant as a result of the merger of the ATK Plan into this Plan as well as any such contributions made to this Plan pursuant to Section 1.4 for the 2002 plan year. 
 (29) Disability means a disability which entitles a Participant to benefits under the Company’s long-term disability plan.

 (30) Disability Leave of Absence means an Employee’s absence from active employment with an Employer by reason
of Disability. 
 (31) EDS Retirement Plan shall mean the EDS Retirement Plan, effective July 1, 1998.

 (32) EDS Stock Fund is defined in Section 8.2 (Direction of Investments). 
 (33) Effective Date of this restatement of the Plan is January 1, 2003 except where otherwise specified or where an earlier
effective date is legally required. 
 (34) Election Date shall mean the date an Employee elects to participate in the
Plan in accordance with Section 3.2 (Participation). 
 (35) Elective Contribution shall mean any amounts
contributed on behalf of a Participant by an Employer on account of a Participant’s Salary Reduction Agreement made pursuant to Section 4.2 (Elective Contributions). 
 (36) Elective Contribution Account shall mean the portion of a Participant’s Individual Account consisting of the Elective
Contribution allocated to such Participant pursuant to Section 5.4 (Allocation of Employer Contributions), together with Adjustments thereto, plus, in the case of an ATK Plan Participant or UGS Plan Participant, the amount of elective
contributions that are transferred to this Plan on behalf of such Participant as a result of the mergers of the ATK Plan and the UGS Plan into this Plan as well as any such contributions that are made to this Plan pursuant to Section 1.4 for
the 2002 plan year. 
 (37) Employee means a person employed by an Employer and on the payroll of an Employer, who,
effective prior to July 1, 1998, does not participate in any other 
  

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 defined contribution plan as defined in ERISA Section 3(34). Unless otherwise expressly stated, no
provision of the Plan shall apply to an Employee any earlier than the effective date of his or her Employer’s participation in the Plan as set forth on Schedule E. 
 (i) The term “Employee” shall include (A) any Expatriate assigned to any Non-US Subsidiary Company who, while assigned to
such Non-US Subsidiary Company, is not eligible to participate in any plan maintained by such Non-US Subsidiary Company on behalf of its employees into which the Non-US Subsidiary Company makes contributions and (B) any citizen of a country
other than the United States who is employed by an Employer within the United States. 
 (ii) The term “Employee”
shall not include the following: 
 (A) nonresident aliens who are not subject to United States Federal income taxation on
Compensation; 
 (B) resident aliens who are not subject to United States Federal income taxation on Compensation;

 (C) any person eligible to participate in the EDS Puerto Rico Savings Plan; 
 (D) any leased employee or any person who performs services for an Employer pursuant to an arrangement wherein the person is designated
as a consultant or independent contractor. For purposes of this subparagraph, the term “leased employee” means, effective for Plan Years beginning on or after January 1, 1997, any person who is not employed by an Employer but who
provides services performed under the primary direction or control of the Employer and pursuant to an agreement between the Employer and a third party; and 
 (E) any individual whose employment is transferred from a non-US subsidiary of A.T. Kearney, Inc. to A.T. Kearney, Inc. and who by
special agreement with such non-US subsidiary remains eligible to participate in its pension or retirement plan or any individual who is employed by A.T. Kearney, Inc. and who pursuant to an agreement waives participation in the Plan. 
 (iii) Notwithstanding anything herein to the contrary, all persons described above who are not considered an Employee are not eligible to
participate in the Plan even if such persons are retroactively re-classified as an Employee by any court, the Internal Revenue Service or any other federal, state or administrative agency, even if such persons otherwise meet the eligibility
provisions contained in this Plan but for these exclusions. 
  

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 (iv) Notwithstanding anything herein or in a prior Plan document to the contrary, for
the period from July 1, 1983, to December 31, 2001, the term “Employee” includes any citizen of a country other than the United States who is employed by an Employer within the United States, including holders of permits issued
pursuant to 8 U.S.C. § 1101 et seq. (commonly referred to as holders of green cards and work visas). 
 (38)
Employer means, collectively or individually, as the context may indicate, the Company and any other organization which has satisfied all requirements as a signatory to the Plan and Trust Agreement pursuant to Article 11 (Provisions Relative
to Employers Included in the Plan). 
 (39) Employer Matching Contribution shall mean a contribution made by an
Employer pursuant to Section 4.1(b) (Employer Contributions). 
 (40) Employer Matching Contribution Account shall
mean the portion of a Participant’s Individual Account consisting of the Employer Matching Contribution allocated to such Participant pursuant to Section 5.4 (Allocation of Employer Contributions), together with the Adjustments thereto,
plus, in the case of a UGS Plan Participant, the amount of special contributions and Unigraphics Solutions, Inc. and Electronic Data Systems Corporation matching contributions that are transferred to this Plan on behalf of such Participant as a
result of the merger of the UGS Plan into this Plan as well as any special and matching contributions that are made to this Plan pursuant to Section 1.4 for the 2002 plan year. 
 (41) Employer Stock means the common stock, par value $0.01 per share, of Electronic Data Systems Corporation and any other
security which is a Qualifying Employer Security, as such term as defined in Code Section 4975(e)(8), of Electronic Data Systems Corporation. 
 (42) Employment Year means any twelve (12) consecutive month period beginning on an Employee’s date of employment or any subsequent anniversary thereof. 
 (43) Equalization Bonus is defined in Appendix B. 
 (44) Expatriate means any Employee of the Company who, as a requirement of a temporary assignment, is located at the site of a
Non-US Subsidiary Company and who has completed the necessary documentation as may be required of Expatriates by the Company. 
 (45) Fiduciary means any Employer, the Trustee, the Compensation and Benefits Committee, the Investment Committee, the Benefits Administration Committee, Participants, to the extent provided herein, and any individual, corporation or
other entity which assumes responsibilities of the aforementioned in respect to the management or operation of the Plan or the investment or disposition of any assets held in the Trust. 
  

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 (46) Fifty Percent (50%) Joint and Survivor Annuity is defined in
Section 6.5(b)(i) (Distribution of Benefits). 
 (47) Forfeiture is defined in Section 6.9 (Forfeiture Occurs
and Restoration of Non-Vested Accrued Benefit) and Section 9.16 (Missing Persons). 
 (48) Hardship is defined in
Section 7.2 (Special Hardship Withdrawal). 
 (49) Highly Compensated Employee, as determined pursuant to Code
Section 414(q) and the Regulations thereunder, means, effective for Plan Years beginning on or after January 1, 1997, any Employee of any employer required to be aggregated pursuant to the aggregation rules of Code Section 414(b),
(c), (m) or (o), who: 
 (i) Was a 5-percent owner (as defined in Code Section 416(i)(1)) at any time during the
Plan Year or the twelve-month period preceding the Plan Year; or 
 (ii) Had Compensation in excess of $80,000 (or such
greater amount as results from adjustment by the Secretary of the Treasury in the same manner as under Code Section 415(d)) for the preceding Plan Year. 
 (50) Hour of Service shall be determined and credited in the manner set forth in Department of Labor Regulation
Section 2530.200-2(b) and (c). The provisions of this subsection shall be construed so as to resolve any ambiguities in favor of crediting an Employee with Hours of Service. Except as otherwise provided by any law or regulation cited in this
subsection, an Hour of Service shall mean: 
 (i) Each hour for which an Employee is compensated, or entitled to compensation,
for the performance of duties for the Employer during the applicable Employment Year; 
 (ii) Each hour for which disputed
compensation, irrespective of mitigation of damages, is either awarded or agreed to by the Employer, provided, however, that the same Hours of Service shall not be credited under any other subsection herein, and that crediting of Hours of Service
for compensation awarded or agreed to with respect to periods described in subparagraph (iii) below shall be subject to the limitation set forth in such subsection; and, 
 (iii) Each hour for which an Employee is compensated, or entitled to compensation, by the Employer for a period of time when no duties
were performed for the Employer by the Employee for reason of vacation, holiday, 
  

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 illness, incapacity, disability, layoff, jury duty, military duty, or leave of absence. For purposes of
this subsection: 
 (A) For periods prior to July 1, 1998, no more than five hundred and one (501) Hours of Service
are required to be credited to an Employee during any single continuous period during which no duties are performed whether or not such continuous period occurs during one Employment Year; 
 (B) Hours of Service are not required to be credited to the Employee for which such Employee is directly or indirectly compensated, or
entitled to compensation, on account of a period during which no duties are performed, if such payment is made or due pursuant to a plan maintained solely for the purpose of complying with applicable workers’ compensation or unemployment
compensation or disability insurance laws: 
 (C) Hours of Service are not required to be credited to the Employee for a
payment which wholly reimburses an Employee for medical or medically related expenses incurred by the Employee; and 
 (D)
For periods prior to July 1, 1998, the Employer or Controlled Group Member shall determine Hours of Service by substituting forty-five (45) Hours of Service for each week in which the Employee would otherwise have been credited with one
(1) Hour of Service. 
 (iv) For periods prior to July 1, 1998, for purposes of this Section, a Participant who is
absent from work for reason of a Permitted Absence is to be considered to have completed either the number of hours that normally would have been credited if such absence has not occurred or eight (8) Hours of Service for each normal work day
during the absence. In no event shall more than five hundred and one (501) Hours of Service be treated as completed pursuant to this Section. 
 (A) If such crediting is necessary to prevent a One-Year Break-in-Service for the Computation Period in which the Permitted Absence began, then such Hours of Service to be credited pursuant to this Section shall be
credited to a Computation Period commencing on the date which the Permitted Absence begins. In all other instances the crediting of Hours of Service pursuant to this Section shall apply to the Computation Period immediately following the Computation
Period in which the Permitted Absence begins. 
  

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 (B) For any Participant who is absent from work for more than twelve
(12) consecutive months because of a Permitted Absence, the Computation Period commencing on the first anniversary of the first date of such Permitted Absence shall be treated as neither a period of service nor a period of absence. 

(51) Individual Account means the detailed record kept of the items and amounts credited or charged to each Participant in
accordance with the terms hereof. Such Individual Account includes, as applicable, an Elective Contribution Account, an Employer Matching Contribution Account, a Choice Allocation Account, a Discretionary Profit Sharing Contribution Account, a Prior
Employer Voluntary Contribution Account, a Prior Employer Non-Elective Contribution Account, a Prior Employer Matching Contribution Account, a Prior Employer Elective Contribution Account, a Prior Employer Rollover Account and a Rollover Account.

 (52) Investment Committee means the committee set forth in Section 9.3. 
 (53) Investment Date means the date as of which Elective Contributions are delivered to the Trustee. 
 (54) Investment Funds is defined in Section 9.9 (Duties and Authorities of the Investment Committee). 
 (55) Investment Manager shall mean any Fiduciary as defined in ERISA Section 3(38) appointed by the Investment Committee
pursuant to Section 9.9 (Duties and Authorities of the Investment Committee). 
 (56) Key Employee as determined
pursuant to Code Section 416(i) and the Regulations thereunder, is any person who is at any time during the Plan Year, or, effective only for Plan Years beginning prior to January 1, 2002, during any of the four preceding Plan Years was:

 (i) an officer of the Employer or a Controlled Group Member whose Compensation is more than $130,000 (or fifty percent
(50%) of the amount set out in Code Section 415(b)(1)(A) for any such Plan Year for Plan Years beginning prior to January 1, 2002), 
 (ii) effective only for Plan Years beginning prior to January 1, 2002, one of the ten (10) Employees having Compensation from the Employer of more than the limitation set forth in Code
Section 415(c)(1)(A) and owning or considered owning within the meaning of Code Section 318, the largest interests in the Company, 
 (iii) a five percent (5%) owner of the Employer or a Controlled Group Member, or, 
  

 11 

 (iv) a one percent (1%) owner of the Employer or a Controlled Group Member having
Compensation of more than $150,000. 
 (57) Leave of Absence means an Employee’s absence from active employment
with an Employer by reason of leave granted in conformity with the Employer’s policy other than a Disability Leave of Absence or a Permitted Absence. 
 (58) Limitation Year shall mean the Plan Year or any other twelve (12) consecutive month period adopted pursuant to a written resolution of the Board of Directors. 
 (59) Named Fiduciaries are defined and designated in Section 9.11 (Named Fiduciaries and Allocation of Responsibilities).

 (60) Non-Key Employee shall mean any Employee who is not a Key Employee as that term is defined herein or otherwise
defined in Code Section 416(i) or the Regulations thereunder. 
 (61) Non-US Subsidiary Company means: 

(a) A foreign company not less than twenty percent (20%) of the voting stock of which is owned by the Company; or 
 (b) A foreign company more than fifty percent (50%) of the voting stock of which is owned by the foreign company described in
subparagraph (a) above. 
 (62) Normal Retirement Age of a Participant is the date on which such Participant
attains sixty-five (65) years of age; with the following exceptions: 
 (a) The Normal Retirement Age of an ATK Plan
Participant is the date on which such Participant attains fifty-five (55) years of age; and 
 (b) The Normal Retirement
Age of a UGS Plan Participant who was a participant in the Engineering Animation, Inc. Retirement Plan on May 30, 2001 and was credited with at least three years of service under such plan on May 30, 2001 is the date on which such
Participant attains fifty-five (55) years of age. 
 (63) Normal Retirement Date shall mean the first day of the
month coincident with or first following the date on which a Participant attains Normal Retirement Age and has elected to retire. 
 (64) One-Year Break-in-Service is defined in Section 3.5 (One-Year Break-in-Service). 
  

 12 

 (65) Participant refers to any Employee who has met the qualification requirements
to participate in the Plan pursuant to the provisions of Article 3 (Eligibility, Participation, and Beneficiary Designation). Any person who at one time was a Participant in the Plan and has since severed employment with an Employer, or no longer
has amounts contributed to the Plan but who has an Individual Account balance shall also be considered to be a Participant. Unless otherwise indicated herein, an Alternate Payee and Beneficiary shall be considered to be a Participant. 
 (66) Permissive Aggregation Group means two or more plans of a single Employer aggregated pursuant to the aggregation rules of Code
Section 416 whereby the group of such plans include at least one plan which is not required to be aggregated but satisfies the qualification requirements pursuant to the coverage and anti-discrimination rules set forth in the Code. 

(67) A Permitted Absence occurs when such Participant’s absence from work is either: 
 (i) by reason of the pregnancy of such Participant, 
 (ii) by reason of the birth of a child of such Participant, 
 (iii) by reason of the placement of a child in connection with the adoption of a child by such Participant, or 
 (iv) for purposes of caring for such child immediately following the birth or placement by adoption. 
 (68) Plan refers to the EDS Deferred Compensation Plan as amended and restated and set forth in and given effect to by this
instrument and all amendments hereto. Effective July 1, 1998, the name of the Plan shall be the EDS 401(k) Plan. 
 (69)
Plan Administrator shall mean the Plan’s Benefits Administration Committee as duly appointed and authorized herein to perform those actions and duties in the administration of the Plan. 
 (70) Plan Coverage Change shall mean a change in the group or groups of Employees eligible to participate in the Plan on account of
(i) the amendment of the Plan; (ii) a plan merger, consolidation or spin-off under Code Section 414(l); (iii) a change in the aggregation of the Plan with another Plan for purposes of complying with Code Section 401(k); or
(iv) a combination of the foregoing. 
 (71) Plan Year shall mean the consecutive twelve-month period beginning on
January 1. 
  

 13 

 (72) Preretirement Survivor Annuity is defined in Section 6.5(b)(i)
(Distribution of Benefits). 
 (73) Prior Employer Elective Contribution shall mean any amounts transferred to the Plan
on behalf of an Employee who had such amounts contributed by an employer on account of such Employee’s elective deferral and pursuant to Code Section 401(k) and made when such Employee participated in a Qualified Plan maintained by an
employer other than an Employer, plus, in the case of an ATK Plan Participant or UGS Plan Participant, the amount of prior employer elective contributions that are transferred to this Plan on behalf of such Participant as a result of the mergers of
the ATK Plan and the UGS Plan into this Plan. 
 (74) Prior Employer Elective Contribution Account shall mean the
portion of a Participant’s Individual Account attributable to Prior Employer Elective Contributions which were transferred into the Plan, together with the Adjustments thereto. 
 (75) Prior Employer Matching Contribution shall have the same meaning as set forth in Code Section 401(m)(4)(A) and generally
means any amounts transferred to the Plan on behalf of an Employee who had such amounts contributed by an employer on account of such Employee’s elective deferral and made when such Employee participated in a Qualified Plan maintained by an
employer other than an Employer, plus, in the case of a UGS Plan Participant, the amount of prior employer matching contributions that are transferred to this Plan on behalf of such Participant as a result of the merger of the UGS Plan into this
Plan. 
 (76) Prior Employer Matching Contribution Account shall mean the portion of a Participant’s Individual
Account attributable to Prior Employer Matching Contributions which were transferred into the Plan, together with the Adjustments thereto. 
 (77) Prior Employer Non-Elective Contribution shall have the same meaning as set forth in Treasury Regulation Section 1.401(k)-1(g)(10) and generally shall mean any amounts, other than Prior Employer
Matching Contributions, contributed on behalf of an employee by an employer while such employee was a participant in a Qualified Plan maintained by an employer other than an Employer, and which such employee could not have elected to receive in the
form of cash or other taxable benefit. 
 (78) Prior Employer Non-Elective Contribution Account shall mean the portion
of a Participant’s Individual Account attributable to Prior Employer Non-Elective Contributions which were transferred into the Plan, together with any Adjustments thereto. 
 (79) Prior Employer Rollover shall mean any amounts transferred to the Plan on behalf of an Employee who previously had rolled such
amounts over to an employer’s qualified retirement plan pursuant to the requirements of Code Section 401(a)(31) and the regulations thereunder. 
  

 14 

 (80) Prior Employer Rollover Account shall mean the portion of a
Participant’s Individual Account attributable to Prior Employer Rollovers which were transferred into the Plan, together with any Adjustments thereto. 
 (81) Prior Employer Voluntary Contribution shall mean voluntary after-tax contributions made under a Qualified Plan and generally means any amounts transferred to the Plan on behalf of an Employee who
contributed such amounts when such Employee participated in a Qualified Plan maintained by an employer other than an Employer plus, in the case of an ATK Plan Participant, the amount of after-tax contributions that are transferred to this Plan on
behalf of such Participant as a result of the merger of the ATK Plan into this Plan as well as any such contributions that are made to this Plan pursuant to Section 1.4 for the 2002 plan year. 
 (82) Prior Employer Voluntary Contribution Account shall mean the portion of a Participant’s Individual Account attributable
to Prior Employer Voluntary Contributions which were transferred into the Plan, together with the Adjustments thereto. 
 (83)
QDRO Account shall mean the account established by the Plan Administrator for the benefit of an Alternate Payee pursuant to a Qualified Domestic Relations Order. 
 (84) Qualified Consent means an irrevocable written consent of the spouse of a Participant which acknowledges the effect of the
consent and is witnessed by a notary public in accordance with the then established policies of the Plan Administrator. However, any requirement for Qualified Consent may be deemed waived by the Plan Administrator when the Plan Administrator
establishes to its satisfaction that there is not a spouse of the Participant, or the spouse of the Participant cannot be located. Any consent obtained hereby shall be effective only with respect to the signing spouse. A consent that permits
designations by the Participant without any requirement for further consent by such spouse must acknowledge that the spouse has the right to limit consent to a specific Beneficiary, and a specific form of benefit where applicable, and that the
spouse voluntarily, elects to relinquish either or both of such rights. A revocation of a prior waiver may be made by a Participant without the consent of the spouse at any time before the commencement of benefits. The number of revocations shall
not be limited. No qualified consent required under Section 6.5(b) shall be valid unless the Participant has received notice as provided in Section 6.14 (Required Notifications). 
 (85) Qualified Domestic Relations Order shall mean a domestic relations order which meets the requirements of Code
Section 414(p). 
 (86) Qualified Matching Contribution is defined in Section 4.1(e) (Employer
Contributions). 
  

 15 

 (87) Qualified Nonelective Contribution is defined in Section 4.1(d)
(Employer Contributions). 
 (88) Qualified Plan shall mean any employee benefit plan which satisfies the provisions of
Code Section 401(a). 
 (89) Required Aggregation Group means each a Qualified Plan of the Employer in which a Key
Employee is a participant, and each other employee pension benefit plan of the Employer which enables any employee pension benefit plan in which a Key Employee participates to meet the requirements of Code Sections 401(a)(4) or 410. In the case of a
Required Aggregation Group, each employee pension benefit plan in the group will be considered a Top Heavy Plan if the Required Aggregation Group is a Top-Heavy Group. No employee pension benefit plan in the Required Aggregation Group will be
considered a Top Heavy Plan if the Required Aggregation Group is not a Top-Heavy Group. 
 (90) Required Beginning Date
shall mean (a) in the case of a Participant who attains age seventy and one-half (70 1/2) prior to
January 1, 1997, or who is a five percent (5%) owner within the meaning of Code Section 416(i) at any time during the calendar year in which such individual attains age seventy and one-half (70 1/2), the April 1 first following the calendar year in which a Participant attains age seventy and one-half
(70 1/2); or (b) in the case of any other Participant who attains age seventy and one-half (70 1/2) on or after January 1, 1997, the April 1 first following the later of the calendar year in which the
Participant attains seventy and one-half (70 1/2), or retires. 
 (91) Rollover Account shall mean the portion of a Participant’s Individual Account consisting of contributions made pursuant
to Section 4.6 (Rollover Contribution) by such Participant to the Plan, together with any Adjustments thereto, plus, in the case of an ATK Plan Participant or UGS Plan Participant, the amount of rollover contributions that are transferred to
this Plan on behalf of such Participant as a result of the mergers of the ATK Plan and UGS Plan into this Plan. 
 (92)
Rollover Contribution shall mean an amount contributed pursuant to Section 4.6 (Rollover Contribution) by a Participant of the Plan to establish, or add to, a Rollover Account and subject to the requirements set forth herein. 

(93) Salary Reduction Agreement shall mean an election made by a Participant in accordance with Section 4.2(a) (Elective
Contributions) by which the Participant agrees that the Employer will reduce the Participant’s Compensation by a designated percentage and contribute that designated percentage to the Plan on behalf of the Participant. 
 (94) Service is defined in Section 3.4 (Service). 
  

 16 

 (95) Top-Heavy Group means a Required or Permissive Aggregation Group, if
applicable, in which, as of the Determination Date, the sum of the present value of the accumulated accrued benefits of Key Employees under all Defined Benefit Plans included in the group, and the aggregate of the accounts of Key Employees under all
Defined Contribution Plans included in the group, exceed sixty percent (60%) of a similar sum determined for all Participants. 
 (96) Top-Heavy Plan generally means, for any Plan Year, any plan under which, as of any Determination Date, the present value of the sum of the Individual Account balances under the plan for Key Employees exceeds sixty percent
(60%) of the sum of the Individual Account balances for all Employees. 
 (97) Trust shall mean, as of a
particular date, the total of the contributions made in accordance with the Plan, increased by the net income thereon and decreased by the benefits paid under the Plan, losses incurred, and expenses, costs or fees of administering the Plan held by
the Trustee pursuant to the terms of the Trust Agreement. 
 (98) Trust Agreement means the agreement entered into
between the Company or an Employer and the Trustee pursuant to Section 8.1 (Trustee). 
 (99) Trustee shall mean
such individual or financial institution, or a combination, as shall be designated by the Trust Agreement to hold in trust any assets of the Plan for purposes of providing benefits under the Plan, and shall include any successor Trustee to the
Trustee, initially designated thereunder. The Trustee shall be a named fiduciary. 
 (100) UGS Plan Participant shall
mean any person who was a Participant in the UGS Plan on December 31, 2002 and whose account in the UGS Plan was transferred to this Plan in connection with the merger of the UGS Plan into this Plan. 
 (101) Valuation Date shall mean each day on which the New York Stock Exchange is trading or as otherwise determined by the Trustee,
on which the Trust shall be valued at fair market value. In no event shall a Valuation Date occur less frequently than once in a consecutive twelve (12) month period. 
 (102) Year of Service shall mean a Computation Period, commencing on the first day a person becomes employed or reemployed by an
Employer and prior to July 1, 1998, during which such Employee has not less than one thousand (1,000) Hours of Service. 
 2.2
Construction. The headings and subheadings in the Plan are provided for convenience of reference only and shall not affect the construction or interpretation of the provisions. In any necessary construction of a plan provision, the masculine
gender may include the feminine or neuter, and the singular may include the plural, and vice versa. 
  

 17 

 ARTICLE 3 
 ELIGIBILITY, PARTICIPATION, AND 
 BENEFICIARY DESIGNATION 
 3.1 Eligibility Period. Each Employee shall automatically be eligible to participate in the Plan upon commencing the first Hour of Service with an
Employer. 
 3.2 Participation. Each eligible Employee of an Employer shall be given written notice by the Employer of the
requirements of eligibility and shall become a Participant as of his Election Date by notifying the Plan Administrator in accordance with the then established policies of the Plan Administrator and agreeing to accept and be bound by all the terms
and conditions of the Plan. Such Participant shall remain a Participant for so long as there exists a remaining balance in such Participant’s Individual Account. Notwithstanding the foregoing, each ATK Plan Participant and UGS Plan Participant
shall automatically become a Participant on January 1, 2003. 
 3.3 Credited Service means the sum of (i) all periods of
Service beginning after the later of June 30, 1998, or the Participant’s Date of Employment or Date of Reemployment, as applicable; and (ii) a Participant’s Years of Service as of June 30, 1998, if any; provided, however,
that such Participant’s Credited Service shall be increased by one (1) if, as of June 30, 1998, the Participant had not completed at least 1,000 Hours of Service during the twelve (12) consecutive month period beginning on the
later of (A) the Participant’s Date of Employment or Date of Reemployment, if applicable or (B) the most recent anniversary of the date in (A). 
 3.4 Service means all periods of the Employee’s common law employment with an Employer, subject to the rules in this Section and the One-Year Break-in-Service rules in Section 3.5 (One-Year
Break-in-Service). 
 (a) A Participant shall earn Service for all periods of common law employment. Unless a period of
Service may be disregarded pursuant to the Break-in-Service rules in Section 3.5 (Break-in-Service), all periods of non-continuous Service shall be aggregated so that a one (1) year period of Service shall be completed as of the date an
Employee completes three hundred and sixty-five (365) days of Service. 
 (i) An Employee’s Service shall commence
(or recommence) on the Employee’s Date of Employment (or Date of Reemployment). 
 (ii) A period of Service of an
Employee shall terminate upon the first to occur of: 
 (A) The date on which the Employee quits, retires, is discharged or
dies; 
 (B) The date on which the Employee is deemed to terminate employment due to failure to return to active employment
upon the expiration of a Leave of Absence or Disability Leave of Absence; or 
  

 18 

 (C) The first anniversary of the date on which the Employee is first absent from active
employment for any reason other than retirement, quit, discharge, Leave of Absence, Disability Leave of Absence, or death. 
 (iii) For an Employee who is on a Permitted Absence and who is absent from Service beyond the first anniversary of the date such Permitted Absence commenced, a termination of Service shall occur on the second anniversary of the date such
Permitted Absence commenced; provided, however, that the period between the first and second anniversaries of the date such Permitted Absence commenced is neither a period of Service nor a period of severance for purposes of Section 3.5
(One-Year Break-in-Service). In order for an employee’s absence to qualify as a Permitted Absence, the Employee must furnish the Plan Administrator with such timely information as the Plan Administrator requires in order to establish that the
absence was a Permitted Absence in accordance with procedures established by the Plan Administrator. 
 (iv) If an Employee
terminates Service due to a quit, discharge, or retirement, but is reemployed by an Employer within twelve months of such termination of Service, then the period of termination shall be counted as a period of Service. If an Employee is on Leave of
Absence of twelve months or less, and then terminates Service due to a quit, discharge, or retirement, but is reemployed by an Employer within twelve months from the date on which the Employee was first absent from Service, then the period of
termination shall be counted as a period of Service. If an Employee is on Disability Leave of Absence and then terminates Service due to a quit, discharge, or retirement, but is reemployed by an Employer within twelve months from the date on which
the Employee was first absent from Service, then the period of the termination shall be counted as a period of Service. 
 (b)
Service shall exclude any period of employment completed prior to the Participant’s attainment of age 18; provided, however, that for a Participant whose Date of Employment is on or after July 1, 1998, Service shall include any period of
employment completed prior to attainment of age 18. 
 (c) Employment with a Controlled Group Member or a Non-US Subsidiary
Company as reported to the Plan Administrator by such Controlled Group Member or Non-US Subsidiary Company, shall be treated as Service. 
 (d) Any individual who becomes an Employee as a result of a facilities management contract or an outsourcing agreement between an Employer and a Customer or who becomes an Employee as a result of a stock purchase,
asset purchase or other acquisition shall, unless the individual is covered by one of the facilities management contracts, outsourcing agreements or acquisition agreements listed on Appendix G, which Appendix shall be revised from time to time in
the sole discretion of EDS’ Executive Vice President, Human Resources, receive one year of Service for each year employed with and as reported by such Employee’s former employer. 
  

 19 

 (e) An Employee entitled to benefits under the long term disability plan will be credited
with Service during a Disability Leave of Absence until the earlier of the date as of which (i) the Employee is fully vested in the balance in his Individual Account pursuant to Section 6.4 (Other Termination of Service), or (ii) the
Employee’s attainment of Normal Retirement Age. 
 (f) Any individual who is a “leased employee” (as defined in
Section 414(n) of the Internal Revenue Code) of an Employer and who later becomes an Employee shall have his or her service as such a leased employee for an Employer treated as Service. 
 (g) Any individual who immediately prior to becoming an Employee was actively employed by an employer listed on Appendix A (an
“In-Sourced Employee”), which Appendix may be revised from time to time by EDS’ Vice President, Global Compensaiton and Benefits in accordance with the delegation of authority from EDS’ Benefits Oversight Committee, shall receive
one year of Service for each year employed with and as reported by such Employee’s former employer. 
 3.5 One -Year
Break-in-Service. 
 (a) Effective prior to July 1, 1998, One-Year Break-in-Service shall mean an Employment Year
during which a Participant is not credited with more than five hundred (500) Hours of Service. 
 (b) Effective
July 1, 1998, a Break-in-Service shall mean a period of severance following an Employee’s termination of Service. An Employee shall have a One-Year Break-in-Service for each twelve month period ending on the anniversary of the
Employee’s termination of Service. 
 (c) If a Participant incurs a period of five consecutive One-Year
Breaks-in-Service, then any Credited Service completed after such One-Year Breaks-in-Service shall be disregarded for purposes of determining his vested right in the balance of his Individual Account as of the date he incurs the One-Year
Breaks-in-Service. 
 (d) For purposes of determining if an Employee who is reemployed following July 1, 1998, has
incurred a period of five consecutive One-Year Breaks-in-Service, the Employee’s period of Break in Service commencing on July 1, 1998, shall be combined with such Employee’s One-Year Breaks-in-Service, as defined prior to
July 1, 1998, including any partial years. 
  

 20 

 3.6. Special Rules Applicable to ATK Plan Participants, UGS Plan Participants and Certain Other
Employees. 
 Notwithstanding the foregoing provisions of Sections 3.4 and 3.5, the following special rules shall apply (i) to those
Participants whose account balances were transferred to this Plan in connection with the merger of the ATK Plan and the UGS Plan into this Plan effective as of January 1, 2003 and (ii) to certain other A.T. Kearney, Inc. and Unigraphics
Solutions, Inc. Employees: 
 (a) For purposes of Section 3.3, Credited Service for an ATK Plan Participant shall mean
the sum of (i) the ATK Plan Participant’s years of service (determined on the basis of 1,000 hours of service each calendar year in accordance with the provisions of the ATK Plan) credited as of January 1, 2003 under the ATK Plan and
(ii) all periods of Service under this Plan beginning January 1, 2003 (provided that for purposes of determining the start of an ATK Plan Participant’s Computation Period under this Plan, the date on which the Participant, according
to A.T. Kearney, Inc.’s records, first became employed or was reemployed, as the case may be, shall be used and provided further that an ATK Plan Participant shall receive one year of Credited Service for Service earned under the provisions of
Section 3.4 for the period January 1, 2003 through the anniversary of such employment or reemployment date even if such period of Service is less than 365 days). 
 (b) For purposes of Section 3.3, Credited Service for a UGS Plan Participant shall mean the sum of (i) the UGS Plan
Participant’s service period (determined on the elapsed time basis in accordance with the provisions of the UGS Plan) credited as of January 1, 2003 under the UGS Plan and (ii) all periods of Service under this Plan beginning
January 1, 2003 (provided that for purposes of determining the start of a UGS Plan Participant’s Computation Period under this Plan, the date on which the Participant, according to Unigraphics Solutions, Inc.’s records, first became
employed or was reemployed, as the case may be, shall be used and provided further that a UGS Plan Participant shall receive one year of Credited Service for Service earned under the provisions of Section 3.4 for the period January 1, 2003
through the anniversary of such employment or reemployment date even if such period of Service is less than 365 days). 
 (c)
For purposes of determining if an ATK Plan Participant or a UGS Plan Participant who is reemployed after December 31, 2002 has incurred a period of five consecutive One-Year Breaks-in-Service, the Participant’s period of Break-in-Service
commencing on January 1, 2003 shall be combined with such Participant’s break-in-service years (and any partial break-in-service years in the case of the UGS Plan) recognized under the ATK Plan or the UGS Plan, as the case may be, as of
January 1, 2003. 
 (d) For purposes of Section 3.3, Credited Service for an Employee who is included on the payroll
of Unigraphics Solutions, Inc. or A.T. Kearney, Inc. on January 1, 2003 but who is not an ATK Plan Participant or UGS Plan Participant shall mean all 
  

 21 

 periods of Service under this Plan beginning January 1, 2003 (provided that for purposes of
determining the start of such an Employee’s Computation Period under this Plan, the date on which the Employee, according to A.T. Kearney, Inc.’s or Unigraphics Solutions, Inc.’s records, first became employed or was reemployed, as
the case may be, shall be used and provided further that such an Employee shall receive one year of Credited Service for Service earned under the provisions of Section 3.4 for the period January 1, 2003 through the anniversary of such
employment or reemployment date even if such period of Service is less than 365 days). 
 (e) For purposes of determining an
ATK Plan Participant’s years of Credited Service under the vesting provisions of Section 6.4, each ATK Plan Participant who was credited with three or four years of vesting service under the ATK Plan as of December 31, 2002 shall, in order
to ensure compliance with Code Section 411(a)(10), receive an additional year of Credited Service. 
 3.7 Beneficiary
Designation. At any time, and in accordance with the policies then established by the Plan Administrator, each Participant may designate the Beneficiary or Beneficiaries to receive such Participant’s death benefit and shall have the
restricted right to revoke any such designation. Each such designation or revocation shall be evidenced by written instrument filed with the Plan Administrator, signed by the Participant. Any designation of a Beneficiary other than the
Participant’s spouse shall be void and without effect unless such designation includes a Qualified Consent. Any revocation of a designation of a Participant’s spouse as Beneficiary is void without a proper Spousal Consent. If no such
designation is on file with the Plan Administrator at the time of the Participant’s death or if, for any reason, the Plan Administrator determines that no such designation is in effect, then the Participant’s spouse shall be deemed the
Beneficiary. If at the time of death the Participant has no spouse, then the estate of such Participant shall be conclusively deemed to be the Beneficiary designated to receive such Participant’s death benefit or, if the Participant does not
have an estate, then the Participant’s death benefit shall be paid in accordance with the intestate succession laws of the state where the Participant maintained his or her principal residence at the time of death. If a Participant has
designated the Participant’s spouse as a Beneficiary, and as of the time of the occurrence of a distributable event, the Participant is no longer married to such designated Beneficiary, and has not properly designated another as Beneficiary in
lieu of the Participant’s ex-spouse, then such designated Beneficiary shall be paid benefits in accordance with the Beneficiary designation and the terms of the Plan. If a designated Beneficiary shall die before the Participant, his or her
interest under this Section 3.6 shall terminate, and, unless otherwise provided in the Participant’s designation if the designation included more than one Beneficiary, such interest shall be paid in equal shares to those Beneficiaries, if
any, who survive the Participant. For purposes of the immediately preceding sentence, a Beneficiary who makes a “qualified disclaimer” (as such term is defined in Code Section 2518(b)) that meets the requirements of Code
Section 2518(b) and that is valid under applicable state law shall be treated as dying before the Participant, provided that such disclaimer is actually received by the Plan Administrator prior to the payment of any death benefit under the
Plan. If a designated Beneficiary is accused of feloniously or intentionally killing the Participant and such Beneficiary resides in a state that has enacted a “killer statute,” the Plan Administrator shall not pay any of the
Participant’s death benefit to such Beneficiary pending the outcome of the Beneficiary’s trial, and if the Beneficiary is found 
  

 22 

 guilty of feloniously or intentionally killing the Participant, the Beneficiary shall have no right to receive any of the
Participant’s death benefit and the Beneficiary shall be treated as having died before the Participant for purposes of this Section 3.7. Notwithstanding anything to the contrary in this Section 3.7, if a designated Beneficiary does
not predecease the Participant but dies prior to the distribution of the Participant’s death benefit to the Beneficiary, then such death benefit shall be paid to the Beneficiary’s estate. 
 ARTICLE 4 
 CONTRIBUTIONS

 4.1 Employer Contributions. Subject to the limitations set forth in this Article 4, for each Plan Year, each Employer shall
make Contributions to the Plan as provided in this Section 4.1. Contributions shall be paid to the Trustee. All contributions by the Employer shall be irrevocable, except as herein provided, and may be used only for the exclusive benefit of the
Participants and their Beneficiaries. 
 (a) Elective Contributions. The Employer shall make an Elective Contribution
in an amount equal to the amount by which each Participant has agreed, in accordance with the provisions of Section 4.2 (Elective Contributions), to reduce his Compensation. 
 (b) Employer Matching Contributions. Effective July 1, 1998, the Employer shall make Employer Matching Contributions as
follows: 
 (i) As of each Investment Date, an Employer Matching Contribution in an amount that equals twenty-five percent
(25%) of the Elective Contribution contributed on behalf of each Participant since the immediately preceding Investment Date, made with respect to Elective Contributions equal to no more than six percent (6%) of such Participant’s
Compensation. 
 (ii) An Employer Matching Contribution on behalf of each Participant who is in the Service of an Employer on
the last day of the Plan Year in an amount as necessary such that the aggregate Employer Matching Contribution for the Plan Year made on behalf of such Participant equals twenty-five percent (25%) of the Elective Contribution contributed on
behalf of such Participant for the Plan Year with respect to Elective Contributions equal to no more than six percent (6%) of such Participant’s Compensation for the Plan Year. Notwithstanding anything herein to the contrary, for the Plan
Year ending December 31, 1998, the Employer Matching Contribution made pursuant to this Section 4.1(b)(ii), shall be in an amount as necessary such that the aggregate Employer Matching Contribution for the Participant equals
(A) twenty-five percent (25%) of the Elective Contribution contributed on behalf of such Participant with respect to Elective Contributions equal to no more than six percent (6%) of such Participant’s Compensation for the Plan
Year, divided by (B) two. 
  

 23 

 (iii) Employer Matching Contributions are subject to the limitations on investment
provided in Section 8.2 (Direction of Investments). 
 (iv) Notwithstanding anything herein to the contrary, in the event
that the Salary Reduction Contribution to which an Employer Matching Contribution relates is treated as an Excess Contribution, an Excess Aggregate Contribution, or an excess deferral (as defined in Section 4.2(c) (Elective Contributions)),
then such Employer Matching Contribution shall be forfeited and the Participant’s Employer Matching Contribution Account adjusted accordingly. 
 (v) Notwithstanding anything herein to the contrary, in the event that an Employer Matching Contribution is made on behalf of a Participant who is not eligible for an Employer Matching Contribution or is made in an
amount that exceeds the Employer Matching Contribution to which the Participant is entitled, such Employer Matching Contribution or excess Employer Matching Contribution, as the case may be, shall constitute a Forfeiture for the Plan Year in which
the discovery is made. 
 (vi) Effective for Plan Years beginning on or after January 1, 2002, Employer Matching
Contributions shall be taken into account for purposes of satisfying the top heavy minimum contribution requirements of section 416(c)(2) of the Code and Article 12 of the Plan, if applicable. Employer Matching Contributions that are used to satisfy
the top heavy minimum contribution requirements, if applicable, shall be treated as matching contributions for purposes of the actual contribution percentage test and other requirements of section 401(m) of the Code. 
 (vii) Notwithstanding anything herein to the contrary, no Employer Matching Contribution shall be made with respect to that portion of a
Participant’s Elective Contributions that constitute “catch-up” contributions under Section 4.2(c). 
 (c)
Choice Allocation Contributions. Effective for Plan Years beginning on or after January 1, 2000, the Employer shall make a Choice Allocation Contribution on behalf of each Participant who is also a participant in the EDS Retirement Plan
and who properly elected not later than the immediately preceding December 31 and in accordance with the terms of the EDS Retirement Plan, to have a portion (not to exceed thirty-three percent (33%)) of any Benefit Credits that would
otherwise be made in that Plan contributed instead on such Participant’s behalf under this Plan. Such Choice Allocation Contribution shall equal the Participant’s Benefit Credits for the period in which the election is in effect multiplied
by the percentage of such Benefit Credits which the Participant elected to have contributed to this Plan. 
  

 24 

 (d) Qualified Nonelective Contributions. In its sole and absolute discretion, an
Employer may determine to make a Qualified Nonelective Contribution in an amount, if any, determined by the Employer for the benefit of Participants who are not Highly Compensated Employees. Such Qualified Nonelective Contribution shall be
nonforfeitable. Such Qualified Nonelective Contribution shall be allocated in the ratio that each Participant’s Compensation for the Plan Year bears to the total Compensation of all such Particiants for such Plan Year. 
 (e) Qualified Matching Contributions. In its sole and absolute discretion, an Employer may determine to make a Qualified Matching
Contribution in an amount, if any, determined by the Employer for the benefit of Participants who are not Highly Compensated Employees. Such Qualified Matching Contribution shall be nonforfeitable and shall be allocated on account of Elective
Contributions. Any Qualified Matching Contribution shall be the same percent of each such Participant’s Elective Contribution. 
 4.2
Elective Contributions. Subject to the limitations set forth herein and the applicable requirements of Treasury regulation section 1.401(k)-1, a Participant may elect to have Elective Contributions contributed to the Plan on the
Participant’s behalf as follows: 
 (a) Salary Reduction Election. Each Participant, in accordance with the
policies then established, shall enter into a Salary Reduction Agreement with the Plan Administrator as to his election to reduce his Compensation. The designated percentage by which a Participant may reduce his Compensation pursuant to an election
may be any whole percentage from one percent (1%) to twenty percent (20%) (effective May 31, 2002, twenty percent shall be increased to forty percent (40%)) of the Compensation otherwise payable to the Participant during the pay
period. The last pay period with respect to which the Participant’s Compensation shall be reduced shall be the last pay period with respect to which the Employer’s payroll is processed before the Participant terminates employment. A
Participant may elect to defer a portion of any Equalization Bonus to the extent provided in Appendix B. Such election shall be effective no sooner than the pay period first occurring after the receipt of such Salary Reduction Agreement by the Plan
in accordance with the procedures then established by the Plan Administrator. Notwithstanding anything herein or in a prior Plan document to the contrary, effective for the period July 15, 2002 through December 9, 2002, the Salary
Reduction Agreement that was in effect at the time a Participant terminates employment with the Employer shall, if such Participant is rehired by the Employer, apply again from the date of rehire until the earlier to occur of (i) the date the
Participant files a new Salary Reduction Agreement or (ii) May 1, 2003. 
 (b) Revocation or Change of
Election. Each Participant, by notice to the Plan Administrator in accordance with the procedures then established by the Plan Administrator and communicated to Participants, may prospectively elect to reduce or increase the amount of his
Compensation deferred pursuant to a Salary Reduction Agreement made in accordance with this Section 4.2 or cease all reduction of Compensation. If Elective Contributions are ceased hereunder, a Participant may reinstate Elective Contributions
by entering into a new Salary Reduction Agreement in accordance with this Section. 
  

 25 

 (c) Limitation on Elective Contributions. For any Plan Year, no Participant shall
make Elective Contributions in excess of $11,000 (or $9,500 effective for Plan Years beginning prior to January 1, 2002) or such increased amount as may from time to time be provided in accordance with Code Section 402(g) or the
Regulations thereunder, except to the extent permitted under the following paragraph and Code Section 414(v), if applicable, effective May 31, 2002 for the 2002 Plan Year and for all subsequent Plan Years beginning on or after
January 1, 2003. Effective for Plan Years beginning on or after January 1, 2001, if during a Plan Year, the Plan Administrator determines a Participant’s Elective Contributions to the Plan for a calendar year, in addition to the
Participant’s elective deferrals to another plan described in the immediately following paragraph, would exceed the 402(g) limitation, the Employer will not make any additional elective deferrals with respect to that Participant for the
remainder of that calendar year, paying in cash to the Participant any amounts which would result in the Participant’s Elective Contributions for the calendar year exceeding the 402(g) limitation. Effective for Plan Years beginning on or after
January 1, 2001, if the Plan Administrator determines a Participant’s Elective Contributions already contributed to the Plan for a calendar year exceed the 402(g) limitation, the Plan Administrator will distribute the amount in excess of
the 402(g) limitation (the “excess deferral”), as adjusted for income earned thereon in accordance with the last sentence of this paragraph, no later than April 15 of the following calendar year. If the Plan Administrator distributes
the excess deferral by the appropriate April 15, it may make the distribution irrespective of any other provision under this Plan or under the Code. The Plan Administrator will reduce the amount of excess deferrals for a calendar year
distributable to the Participant by the amount of Excess Contributions (as determined in Section 4.4), if any, previously distributed to the Participant for that calendar year. The Plan Administrator shall return the excess Elective
Contributions together with income earned thereon through the end of each Plan Year, but shall not return any income earned thereon between the end of the Plan Year and the date the Trustee receives directions from the Plan Administrator to
distribute such excess deferral to the Participant. 
 Effective for Plan Years beginning on or after January 1, 2001, if
a Participant participates in another plan under which the Participant makes elective deferrals pursuant to a Code §401(k) arrangement, elective deferrals under a Simplified Employee Pension, or salary reduction contributions to a tax-sheltered
annuity, irrespective of whether the Employer maintains the other plan, the Participant may provide the Plan Administrator a written claim for excess deferrals made for a calendar year. The Participant must submit the claim no later than the
March 1 following the close of the particular calendar year and the claim must specify the amount of the Participant’s Elective Contributions under this Plan which are excess deferrals. If the Plan Administrator receives a timely claim, it
will distribute the excess deferrals (as adjusted for income) the Participant has assigned to this Plan, in accordance with the distribution procedure described in the immediately preceding paragraph. In the case of 402(g) excess deferrals that
exist during any calendar 
  

 26 

 year under this Plan and all other plans, contracts or arrangements of the Employer maintaining this
Plan, the Participant will be deemed to have submitted a claim for such excess deferrals pursuant to this paragraph. 
 Effective May 31, 2002 for the 2002 Plan Year and for all subsequent Plan Years beginning on or after January 1, 2003, all Participants who have attained age 50 before the close of the Plan Year shall be eligible to make catch-up
contributions in accordance with, and subject to the limitations of, section 414(v) of the Code and the regulations thereunder. Such catch-up contributions shall not be taken into account for purposes of the provisions of the Plan implementing the
required limitations of sections 402(g) and 415 of the Code. The Plan shall not be treated as failing to satisfy the provisions of the Plan implementing the requirements of section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as
applicable, by reason of the making of such catch-up contributions. 
 (d) Special Rules for ATK Plan Participants. 
 Notwithstanding anything herein to the contrary, an ATK Plan participant shall be permitted to prospectively revoke his or her existing
salary reduction contribution election that was effective under the ATK Plan as of January 1, 2003 and, if the ATK Plan Participant wishes, to replace it with a Salary Reduction Agreement under this Plan, all in accordance with the policies and
procedures established by the Plan Administrator under Sections 4.2(a) and (b). Unless and until such a revocation occurs, the ATK Plan Participant’s salary reduction contribution election that was effective under the ATK Plan as of
January 1, 2003 shall continue in effect for purposes of determining such ATK Plan Participant’s Elective Contributions under this Plan. 
 4.3 Payment of Elective Contributions to the Trust. Elective Contributions shall be delivered by the Employer to the Trustee as soon as practicable. Except to the extent otherwise permitted in accordance with Department of Labor
Regulation § 2510.3-102, the Employer shall pay Elective Contributions to the Trustee on the earliest date on which such contributions can reasonably be segregated from the Employer’s general assets, not to exceed the fifteenth business
day of the month following the month in which (i) the contributions are received by the Employer or (ii) the date on which such amounts would otherwise have been payable to the Participant in cash. All contributions by the Employer must be
delivered to the Trustee by the time prescribed by law for filing the Employer’s Federal income tax return (including extensions thereof). If the contribution is on account of the Employer’s preceding fiscal year, the contribution shall be
accompanied by the Employer’s statement to the Trustee that payment is on account of such fiscal year. 
 4.4 Limitation on Elective
Contributions for Highly Compensated Employees. 
 (a) Limitations. Notwithstanding the provisions of
Section 4.1 (Employer Contributions), the Actual Deferral Percentage for the Highly Compensated Employees with respect to any Plan Year shall not exceed the greater of (i) or (ii): 
  

 27 

 (i) The Actual Deferral Percentage for the Employees who are not Highly Compensated
Employees or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, who were not Highly Compensated Employees for the preceding Plan Year, multiplied by one and one-fourth (1.25); or 
 (ii) The Actual Deferral Percentage for the Employees who are not Highly Compensated Employees or, effective only for Plan Years beginning
January 1, 1999, 2000 and 2001, who were not Highly Compensated Employees for the preceding Plan Year, multiplied by two (2); provided, however, that the Actual Deferral Percentage for the Highly Compensated Employees may not exceed the Actual
Deferral Percentage for the Employees who are not Highly Compensated Employees or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, who were not Highly Compensated Employees for the preceding Plan Year, by more than two
(2) percentage points, but subject to the aggregate limitation rules of paragraph 4.4(c). 
 (b) “Actual Deferral
Percentage” shall mean the average of the ratios (calculated separately for each Employee to the nearest one-hundredth of one percent) of: 
 (i) The amount of all Elective Contributions actually contributed to the Trust on behalf of such Employee and allocated to his Elective Contribution Account for such Plan Year, plus, in accordance with regulations
promulgated by the Secretary of the Treasury, such Employer Matching Contributions, if any, as may be designated by the Plan Administrator as includible in this computation for the Plan Year to 
 (ii) The Employee’s Compensation, such average of ratios being multiplied by one hundred (100). 
 To the extent that the Plan Administrator elects, pursuant to the above paragraph, to take Employer Matching Contributions into account in computing the
Actual Deferral Percentage, the Actual Contribution Percentage tests under Section 4.5 (Limitation on Employer Matching Contributions) must still be computed and satisfied separately, and in doing so the Plan Administrator shall disregard the
Employer Matching Contributions used in computing the Actual Deferral Percentage for such Plan Year. 
 For purposes of this
Section 4.4(b), the ratio calculated for any Employee who is a Highly Compensated Employee for the Plan Year and who is eligible to have Elective Contributions allocated to his accounts under two or more plans or arrangements described in Code
Section 401(k) that are maintained by an Employer or a Controlled Group Member shall be determined as if all such contributions were made under a single arrangement provided that if such plans or arrangements have different plan years, then for
Plan Years beginning before January 1, 2005, all such plans or arrangements ending with or within the same calendar year shall be treated as a single arrangement and for Plan Years beginning on or after January 1, 2005, all Elective
Contributions made during 
  

 28 

 the Plan Year under all such plans or arrangements shall be aggregated. Further, in the event that this
Plan satisfies the requirements of Code Section 401(a)(4) or 410(b) (other than Code Section 410(b)(2)(A)(ii)) only if aggregated with one or more other plans, or if one or more other plans satisfy the requirements of Code Sections
401(a)(4) or 410(b) (other than Code Section 410(b)(2)(A)(ii)) only if aggregated with this Plan, then the Actual Deferral Percentage shall be determined by calculating the ratio for each Employee as if all such plans were a single plan. This
Plan may only be aggregated with another plan or plans pursuant to the immediately preceding sentence if this Plan and such other plan or plans have the same Plan Year and such other plan or plans use the same Actual Deferral Percentage testing
method. 
 Notwithstanding anything herein to the contrary, effective for Plan Years beginning on or after January 1, 2005, the Actual
Deferral Percentage shall no longer be calculated separately for the ESOP portion of the Plan established under Article 15. 
 (c) Rules Applicable to Calculation of the Actual Deferral Percentage for Employees who are not Highly Compensated Employees. 
 (i) Effective only for Pan Years beginning January 1, 1999, 2000 and 2001, the Actual Deferral Percentage for the Employees who were not Highly Compensated Employees for the preceding Plan Year shall be
determined by taking into account those Employees who were not Highly Compensated Employees for the preceding Plan Year, using the definition of Highly Compensated Employee in effect for the preceding Plan Year and determined without regard to the
Employee’s status for the current Plan Year or, except as provided in paragraph (ii), below, changes in the group of Employees who are not Highly Compensated Employees for the current Plan Year. 
 (ii) Effective only for Plan Years beginning January 1, 1999, 2000 and 2001, for a Plan Year during which there is a Plan Coverage
Change (other than a minor Plan Coverage Change), the Actual Deferral Percentage for the Employees who are not Highly Compensated Employees shall be the weighted average of the adjusted Actual Deferral Percentages for each subgroup of Employees who
are not Highly Compensated Employees who were eligible to participate in a Section 401(k) plan maintained by a Controlled Group Member, as determined in accordance with Internal Revenue Service Notice 98-1. 
 (iii) Effective only for Plan Years beginning January 1, 1999, 2000 and 2001, any Qualified Non-Elective Contributions shall be taken
into consideration for purposes of calculating the Actual Deferral Percentage for the Employees who were not Highly Compensated Employees for the preceding Plan Year only if such Qualified Non-Elective Contributions are allocated as of a date within
the preceding Plan Year and contributed not later than the end of the twelve-month period following the end of the preceding Plan Year. 
  

 29 

 (d) Aggregate Limit. Effective for Plan Years beginning prior to January 1,
2002, if one or more Highly Compensated Employees are eligible for contributions that are tested under both this Section 4.4 and Section 4.5 (Limitation on Employer Matching Contributions), multiple use of the alternative limit set forth
in Section 4.4(a)(ii) shall be limited so that the aggregated Actual Deferral Percentage and Actual Contribution Percentage of such Highly Compensated Employees does not exceed the aggregate limit. For purposes of this Section 4.4(d), the
“aggregate limit” is the greater of the following: 
 (i) The sum of: 
 (A) One and one-fourth (1.25) multiplied by the greater of (a) the Actual Deferral Percentage of the Employees who are
not Highly Compensated Employees for the Plan Year, or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, the Employees who are not Highly Compensated Employees for the preceding Plan Year, or (b) the Actual
Contribution Percentage of the Employees who are not Highly Compensated Employees for the Plan Year, or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, who were not Highly Compensated Employees for the preceding Plan
Year; and 
 (B) Two (2) plus the lesser of (a) or (b) above; provided, however, that this amount shall
not exceed two (2) multiplied by of the lesser of (a) or (b) above; or 
 (ii) The sum of: 

(A) One and one-fourth (1.25) multiplied by the lesser of (a) the Actual Deferral Percentage of the Employees who are
not Highly Compensated Employees for the Plan Year, or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, who were not Highly Compensated Employees for the preceding Plan Year, and (b) the Actual Contribution
Percentage for the Employees who are not Highly Compensated Employees for the Plan Year or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, who were not Highly Compensated Employees for the preceding Plan Year; and

 (B) Two (2) plus the greater of (a) and (b) in the immediately preceding subparagraph; provided,
however, that this amount shall not exceed two (2) multiplied by the greater of (a) or (b) above. 
 Amounts in excess
of the aggregate limit shall be treated as excess contributions and adjusted as provided in Section 4.4(e). For purposes of applying this multiple use limit, the Actual Contribution Percentage and the Actual Deferral Percentage shall be
determined after any required distributions of excess contributions and deferrals under Sections 4.2(c) Elective Contributions), 4.4(e), and 4.5(e) (Limitation on Employer Matching Contributions) and any adjustment of Employer Matching Contributions
in accordance with Section 4.1(b)(iv) (Employer Contributions). 
  

 30 

 (e) Adjustments for Excess Contributions. If at any time during a Plan Year, the
Actual Deferral Percentage for the Highly Compensated Employees exceeds or is reasonably expected by the Plan Administrator to exceed the amounts allowed under Sections 4.4(a) and 4.4(d), then the Plan Administrator, in its sole and absolute
discretion, shall, at least once prior to the end of the Plan Year and more often if the Plan Administrator elects, do one or more of the following: 
 (i) Prospective Reduction of Excess Contributions. Prospectively and in the same proportion reduce the amount of Compensation to be deferred pursuant to Section 4.2 (Elective Contributions), by each Highly
Compensated Employee who has elected to defer a portion of his Compensation until the Actual Deferral Percentage for Highly Compensated Employees for the Plan Year will equal the greater of (i) or (ii) of Section 4.4(a), as limited by
Section 4.4(d). 
 (ii) Refund of Excess Contributions. Refund the portion of each Highly Compensated
Employee’s Elective Contribution that constitutes a portion of the “Excess Contribution” (hereinafter defined) for the Plan Year, plus earnings (or less losses) thereon for the Plan Year. All refunds shall be distributed by the
Trustee to the Employer within two and one-half (2 1/2) months after the close of the Plan Year in which the
excess contribution arose, if administratively feasible, but in no event later than twelve (12) months after such date. 
 Excess Contribution shall mean, with respect to any Plan Year, the excess of: 
 (A) The aggregate amount of
Elective Contributions actually paid over to the Trust on behalf of Highly Compensated Employees for such Plan Year, over 
 (B) The maximum amount of such Elective Contributions permitted under the limitations of Sections 4.4(a) and (d). 
 The total amount
of Excess Contributions is to be determined by the following leveling method, under which the Actual Deferral Percentage of the Highly Compensated Employee with the highest Actual Deferral Percentage is reduced to the extent required to
(i) enable the Plan to satisfy the limitations of Sections 4.4(a) and (d), or (ii) cause such Highly Compensated Employee’s Actual Deferral Percentage to equal the Actual Deferral Percentage of the Highly Compensated Employee with the
next highest Actual Deferral Percentage, whichever occurs first. This process must be repeated until the Plan satisfies the limitations of Sections 4.4(a) and (d). 
  

 31 

 Once the total amount of Excess Contributions is determined, such Excess Contributions shall be
distributed to the Highly Compensated Employee with the greatest amount of Elective Contributions until such Highly Compensated Employee’s Elective Contributions are reduced by the full amount of the excess contributions or until such Highly
Compensated Employee’s Elective Contributions equal the Elective Contributions of the Highly Compensated Employee with the next greatest amount of Elective Contributions, whichever comes first. This process must be repeated until all Excess
Contributions are distributed. A Highly Compensated Employee’s Elective Contributions under this paragraph shall be the aggregate amount of Elective Contributions provided by the third paragraph of Section 4.4(b), if applicable, provided
that only Excess Contributions under this Plan may be distributed to such Highly Compensated Employee pursuant to this paragraph. 
 The
provisions of this Section 4.4(e) shall be applied after the provisions of Section 4.2(c) (Elective Contributions) and any distributions of excess deferrals thereunder. Any distribution made pursuant to this Section 4.4(e) may be made
notwithstanding any other provision of this Plan. 
 Effective for Plan Years beginning on or after January 1, 2005, the amount of
earnings or losses allocable to the excess contributions to be refunded pursuant to this Section 4.4(e)(ii) shall include earnings or losses allocable for the Plan Year to which such excess contributions relate and for the period between the
end of the Plan Year and the date of distribution. 
 (iii) Determination of Earnings and Losses. The earnings or
losses allocable to excess contributions for the Plan Year shall be determined in the manner prescribed by the applicable Treasury regulations. 
 (iv) Income Allocable to Excess Contributions. The income allocable to excess contributions, for purposes of Sections 4.4(e)(iii) and (iv), shall include all earnings and appreciation, including such items as
interest, dividends, rent, royalties, gains from the sale of property, appreciation in the value of stock, bonds, annuity and life insurance contracts, and other property, without regard to whether such appreciation has been realized. 
 (f) Special Rules for ATK Plan Participants and UGS Plan Participants. 
 Notwithstanding anything herein to the contrary, the Code Section 401(k) elective contribution limitations shall apply separately to
this Plan’s Participants, the ATK Plan Participants and the UGS Plan Participants for all periods prior to January 1, 2003. Further, the Code Section 401(k) elective contribution limitation provisions of the ATK Plan and the UGS Plan
shall apply in lieu of this Section 4.4 to the ATK Plan Participants and the UGS Plan Participants, respectively, for periods prior to January 1, 2003. Such provisions include the use of the current year Actual Deferral Percentage for

  

 32 

 those ATK Plan Participants who were not Highly Compensated Employees and the prior year Actual Deferral
Percentage for those UGS Plan Participants who were not Highly Compensated Employees. Effective for Elective Contributions made by ATK Plan Participants and UGS Plan Participants starting on January 1, 2003, the provisions of this
Section 4.4 shall apply. 
 4.5 Limitation on Employer Matching Contributions. 
 (a) Limitations. Notwithstanding the provisions of Sections 4.1(b) (Employer Contributions), the Actual Contribution Percentage for
the Highly Compensated Employees with respect to any Plan Year shall not exceed the greater of (i) or (ii): 
 (i)
The Actual Contribution Percentage for the Employees who are not Highly Compensated Employees or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, who were not Highly Compensated Employees for the preceding Plan Year,
multiplied by one and one-fourth (1.25); or 
 (ii) The Actual Contribution Percentage for the Employees who are not Highly
Compensated Employees or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, who were not Highly Compensated Employees for the preceding Plan Year, multiplied by two (2); provided, however, that the Actual Contribution
Percentage for the Highly Compensated Employees may not exceed the Actual Contribution Percentage for the Employees who are not Highly Compensated Employees or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, who were
not Highly Compensated Employees for the preceding Plan Year, by more than two (2) percentage points, but subject to the aggregate limitation rules of paragraph 5.3(b). 
 (b) “Actual Contribution Percentage” shall mean, for a specified group of Employees, the average of the ratios
(calculated separately for each Employee in such group to the nearest one one-hundredth percent (.01%)) of: 
 (i) The amount
of all Employer Matching Contributions actually contributed to the Trust on behalf of such Employee and allocated to his Employer Matching Contribution Account for such Plan Year and, in accordance with regulations promulgated by the Secretary of
the Treasury, such Elective Contributions, if any, as may be designated by the Plan Administrator as includible in this computation for the Plan Year; to 
 (ii) The Employee’s Compensation, such average of ratios being multiplied by one hundred (100). 
 To the
extent the Plan Administrator elects, pursuant to the above paragraph, to take Elective Contributions into account in computing the Actual Contribution Percentage, the Actual Deferral Percentage tests under Section 4.4 (Limitation on Elective
Contributions 
  

 33 

 for Highly Compensated Employees) must still be computed and satisfied separately, and in doing so the
Employer shall disregard the Elective Contributions used in computing the Actual Contribution Percentage for such Plan Year. 
 For purposes
of this Section 4.5(b) the ratio calculated for any Employee who is a Highly Compensated Employee for the Plan Year and who is eligible to have Employer Matching Contributions allocated to his accounts under two or more plans described in Code
Section 401(a) that are maintained by an Employer or a Controlled Group Member shall be determined as if all such contributions were made under a single plan provided that if such plans have different plan years, then for Plan Years beginning
before January 1, 2005, all such plans ending with or within the same calendar year shall be treated as a single plan and for Plan Years beginning on or after January 1, 2005, all Employer Matching Contributions made during the Plan Year
under all such plans shall be aggregated. Further, in the event that this Plan satisfies the requirements of Code Section 401(a)(4) or 410(b) (other than Code Section 410(b)(2)(A)(ii)) only if aggregated with one or more other plans, or if
one or more other plans satisfy the requirements of Code Sections 401(a)(4) or 410(b) (other than Code Section 410(b)(2)(A)(ii)) only if aggregated with this Plan, then the Actual Contribution Percentage shall be determined by calculating the
ratio for each Employee as if all such plans were a single plan. This Plan may only be aggregated with another plan or plans pursuant to the immediately preceding sentence if this Plan and such other plan or plans have the same Plan Year and such
other plan or plans use the same Actual Contribution Percentage testing method. 
 Notwithstanding anything herein to the contrary, effective
for Plan Years beginning on or after January 1, 2005, the Actual Contribution Percentage shall no longer be calculated separately for the ESOP portion of the Plan established under Article 15. 
 (c) Rules Applicable to Calculation of the Actual Contribution Percentage for Employees who are not Highly Compensated Employees.

 (i) Effective only for Plan Years beginning January 1, 1999, 2000 and 2001, the Actual Contribution Percentage for the
Employees who were not Highly Compensated Employees for the preceding Plan Year shall be determined by taking into account those Employees who were not Highly Compensated Employees for the preceding Plan Year, using the definition of Highly
Compensated Employee in effect for the preceding Plan Year and determined without regard to the Employee’s status for the current Plan Year or, except as provided in paragraph (ii), below, changes in the group of Employees who are not Highly
Compensated Employees for the current Plan Year. 
 (ii) Effective only for Plan Years beginning January 1, 1999, 2000
and 2001, for a Plan Year during which there is a Plan Coverage Change (other than a minor Plan Coverage Change), the Actual Contribution Percentage for the Employees who are not Highly Compensated Employees shall be the weighted average of the
adjusted Actual Contribution Percentages for each subgroup of 
  

 34 

 Employees who are not Highly Compensated Employees and who were eligible to participate in a
Section 401(k) plan maintained by a Controlled Group Member, as determined in accordance with Internal Revenue Service Notice 98-1. 
 (iii) Effective only for Plan Years beginning January 1, 1999, 2000 and 2001, any Qualified Non-Elective Contributions shall be taken into consideration for purposes of calculating the Actual Contribution
Percentage for the Employees who were not Highly Compensated Employees for the preceding Plan Year only if such Qualified Matching Contributions are allocated as of a date within the preceding Plan Year and contributed not later than the end of the
twelve-month period following the end of the preceding Plan Year. 
 (d) Aggregate Limit. Effective for Plan Years
beginning prior to January 1, 2002, if one or more Highly Compensated Employees are eligible for contributions that are tested under both this Section 4.5 and Section 4.4 (Limitation on Elective Contributions for Highly Compensated
Employees), multiple use of the alternative limit set forth in Section 4.5(a)(ii) shall be limited so that the aggregated Actual Deferral Percentage and Actual Contribution Percentage of such Highly Compensated Employees does not exceed the
aggregate limit. The “aggregate limit,” for purposes of this Section 4.5, is the greater of the following: 
 (i) The sum of: 
 (A) One and one-fourth (1.25) multiplied by the greater of (i) the Actual
Deferral Percentage of the Employees who are not Highly Compensated Employees for the Plan Year, or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, the Employees who were not Highly Compensated Employees for the
preceding Plan Year, or (ii) the Actual Contribution Percentage of the Employees who are not Highly Compensated Employees for the Plan Year, or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, the Employees who were
not Highly Compensated Employees for the preceding Plan Year; and 
 (B) Two (2) plus the lesser of (i) or
(ii) above; provided, however, that this amount shall not exceed two (2) multiplied by the lesser of (i) or (ii) above; or 
 (ii) The sum of: 
 (A) One and one-fourth (1.25) multiplied by the lesser of
(a) the Actual Deferral Percentage of the Employees who are not Highly Compensated Employees for the Plan Year, or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, the Employees who were not Highly Compensated
Employees for the preceding Plan Year, 
  

 35 

 and (b) the Actual Contribution Percentage for the Employees who are not Highly Compensated
Employees for the Plan Year or, effective only for Plan Years beginning January 1, 1999, 2000 and 2001, who were not Highly Compensated Employees for the preceding Plan Year; and 
 (B) Two (2) plus the greater of (a) and (b) in the immediately preceding subparagraph; provided, however, that this
amount shall not exceed two (2.0) multiplied by the greater of (a) or (b) above. 
 Amounts in excess of the aggregate
limit shall be treated as excess aggregate contributions and adjusted as provided in Section 4.5(e). For purposes of applying this multiple use limit, the Actual Contribution Percentage and the Actual Deferral Percentage shall be determined
after any required distributions of excess contributions and deferrals under Sections 4.2(c) (Elective Contributions), 4.4(e) (Limitation on Elective Contributions for Highly Compensated Employees) and 4.5(e) and any adjustment of Employer Matching
Contributions in accordance with Section 4.1(b)(iv). 
 (e) Adjustments for Excess Contributions. 
 (i) Distribution of Excess Employer Matching Contributions. To the extent that the Actual Contribution Percentage for the Highly
Compensated Employees during a Plan Year would exceed, if not adjusted in accordance with this Section, the amounts allowable under Section 4.5(a) or (d), ‘Excess Aggregate Contributions’ (hereinafter defined) for the Plan Year, plus
earnings and less losses thereon for the Plan Year allocable thereto, shall be forfeited, if forfeitable, or if not forfeitable, distributed by the Trustee to the Highly Compensated Employees within two and one-half months after the close of the
Plan Year in which such Excess Aggregate Contributions arose, if administratively feasible, and within twelve (12) months after the close of such Plan Year, at the latest. To the extent required by law, Excess Aggregate Contributions shall be
treated as Annual Additions under Sections 5.7 (Correction for Excess Annual Additions) and 5.8 (Limitation for Multiple Plan Participants). 
 Effective for Plan Years beginning on or after January 1, 2005, the amount of earnings or losses allocable to the excess aggregate contributions to be refunded pursuant to this Section 4.5(e)(i) shall include earnings or losses
allocable for the Plan Year to which such excess aggregate contributions relate and for the period between the end of the Plan Year and the date of distribution. 
 (ii) Excess Aggregate Contributions. Excess Aggregate Contribution shall mean, with respect to any Plan Year, the excess of:

 (A) The aggregate amount of Employer Matching Contributions actually paid over to the Trust on behalf of Highly
Compensated Employees for such Plan Year, over 
  

 36 

 (B) The maximum amount of such Employer Matching Contributions permitted under the
limitations of Sections 4.5(a) and (d). 
 The total amount of Excess Aggregate Contributions is to be determined by the following
leveling method, under which the Actual Contribution Percentage of the Highly Compensated Employee with the highest Actual Contribution Percentage is reduced to the extent required to (i) enable the Plan to satisfy the limitations of Sections
4.5(a) and (d), or (ii) cause such Highly Compensated Employee’s Actual Contribution Percentage to equal the Actual Contribution Percentage of the Highly Compensated Employee with the next highest Actual Contribution Percentage, whichever
occurs first. This process must be repeated until the Plan satisfies the limitations of Sections 4.5(a) and (d). 
 Once the total amount of
Excess Aggregate Contributions is determined, such Excess Aggregate Contributions shall be distributed to the Highly Compensated Employee with the greatest amount of Employer Matching Contributions until such Highly Compensated Employee’s
Employer Matching Contributions are reduced by the full amount of the Excess Aggregate Contributions or until such Highly Compensated Employee’s Employer Matching Contributions equal the Employer Matching Contributions of the Highly Compensated
Employee with the next greatest amount of Employer Matching Contributions, whichever comes first. This process must be repeated until all Excess Aggregate Contributions are distributed. A Highly Compensated Employee’s Employer Matching
Contributions under this paragraph shall be the aggregate amount of Employer Matching Contributions provided by the third paragraph of Section 4.5(b), if applicable, provided that only Excess Aggregate Contributions under this Plan may be
distributed to such Highly Compensated Employee pursuant to this paragraph. 
 Any distribution made pursuant to Section 4.5(e) may be
made notwithstanding any other provision of this Plan. 
 (iii) Determination of Earnings and Losses. The earnings or
losses allocable to excess contributions shall be determined in the manner prescribed by the applicable Treasury regulations. 
 (iv) Income Allocable to Excess Aggregate Contributions. The income allocable to Excess Aggregate Contributions, for purposes of Sections 4.5(e)(iii) and (iv), shall include all earnings and appreciation, including such items as
interest, dividends, rent, royalties, gains from the sale of property, appreciation in the value of stock, bonds, annuity and life insurance contracts, and other property, without regard to whether or not such appreciation has been realized.

  

 37 

 (f) Specific Rules for ATK Plan Participants and UGS Plan Participants.

 Notwithstanding anything herein to the contrary, the Code Section 401(m) limitations shall apply separately to this
Plan’s Participants, the ATK Plan Participants and the UGS Plan Participants for all periods prior to January 1, 2003. Further, the Code Section 401(m) matching contribution limitation provisions of the UGS Plan and Code
Section 401(m) after-tax contribution limitations of the ATK Plan shall apply in lieu of this Section 4.5 to the UGS Plan Participants and ATK Plan Participants, respectively, for periods prior to January 1, 2003. Such provisions
include the use of the current year Average Contribution Percentage for those ATK Plan Participants who were not Highly Compensated Employees and the prior year Average Contribution Percentage for those UGS Plan Participants who were not Highly
Compensated Employees. Effective for Employer Matching Contributions made on behalf of ATK Plan and UGS Plan Participants starting on January 1, 2003, the provisions of this Section 4.5 shall apply. 
 4.6 Rollover Contribution. Subject to the approval of the Plan Administrator, an Employee may contribute a rollover amount to the Trust which is
an eligible rollover distribution as defined in Code Section 402(c)(4) or which is a rollover contribution described in Code Section 408(d)(3). The Plan may accept a direct rollover of any amounts distributed on behalf of a Participant
(including any loan distributed on behalf of a Participant), from a Qualified Plan or a plan established pursuant to Code Section 403(a) to this Plan for Plan Years beginning prior to January 1, 2002 and for Plan Years beginning on or
after January 1, 2002, the Plan may accept a direct rollover of such amounts from (i) a Qualified Plan or a plan established pursuant to Code Section 403(a), excluding after-tax employee contributions, (ii) an annuity contract
described in Code Section 403(b), excluding after-tax employee contributions and (iii) an eligible plan under Code Section 457(f) which is maintained by a state, political subdivision of a state, or any agency or instrumentality of a
state or political subdivision of a state, excluding after-tax employee contributions. The Plan may also accept (i) a direct rollover from an individual retirement account described in Code Section 408(a), but only if such individual
retirement account is a conduit individual retirement account that has no assets other than assets which (A) were previously distributed to the Participant by another qualified plan as a lump-sum distribution, (B) were eligible for
tax-free rollover to a qualified plan or individual retirement account, and (C) were deposited in such conduit individual retirement account within sixty (60) days of receipt thereof and other than earnings on said assets, and
(ii) amounts distributed to the Participant from a conduit individual retirement account meeting the requirements of clause (i) above, and transferred by the Participant to this Plan within sixty (60) days of the Participant’s
receipt thereof from such conduit individual retirement account. Such rollover amount shall be credited to the Participant’s Rollover Account as of the Valuation Date next following receipt by the Trustee. Notwithstanding anything to the
contrary herein, the Plan Administrator may instruct the Trustee to return any amounts transferred or contributed to the Plan in accordance with this Section which, after transferred or contributed into the Plan are determined to be made in
contravention of any qualification provisions of the Code or of the intent of the Plan. 
 4.7 Transferred Assets. As a condition to
accepting a direct transfer of Participant’s benefits held in a plan qualified under Code Section 401(a), the Plan Administrator shall require that all amounts, or portions thereof which shall comprise such transferred assets, be properly
identified by the Employee or transferring plan’s trustee or plan administrator as either Prior 
  

 38 

 Employer Matching Contributions, Prior Employer Non-Elective Contributions, Prior Employer Voluntary Contributions, Prior
Employer Elective Contributions or Prior Employer Rollovers, or earnings therefrom. It is specifically prohibited to reduce or eliminate any benefit protected under Code Section 411(d)(6) which would otherwise be reduced or eliminated as the
result of a merger of a Qualified Plan with the Plan, the transfer of assets from a Qualified Plan to the Plan or any other event having the effect of amending a Qualified Plan or Plans in order to transfer plan benefits. The Plan hereby
incorporates by reference the provisions of any Qualified Plan which is merged into, or from which assets are transferred to, the Plan, which are controlling with respect to any benefit protected under Code Section 411(d)(6), including those
set forth in Appendix C, and necessary to prevent the reduction or elimination of any such protected benefit. Notwithstanding the immediately preceding sentence, the distribution options set forth in the following table shall no longer be available
to Participants with respect to any distributions with an Annuity Starting Date commencing on or after the effective date of elimination indicated below: 
  

			
	 Eliminated Distribution Option
 Listed on Appendix C, part A
	 	 Effective Date of Elimination

	Distribution Options 1 through 36	 	May 1, 2001

 4.8 Reverting of Contribution Made by Mistake of Fact. If any contribution is made by an
Employer to the Plan by mistake of fact, including but not limited to, an arithmetical error in calculating the amounts that were to be contributed to the Plan, such portions of the contribution as were made by such mistake of fact may, at the
election of the Employer, together with any earnings or losses thereon, revert and be repaid to the Employer within one (1) year after such amounts were contributed to the Plan. 
 4.9 Reverting of Non-Deductible Contribution. If a contribution is made by an Employer to the Plan which is not wholly deductible under Code
Section 404, then, to the extent the deduction is disallowed, such non-deductible amounts together with any earnings or losses thereon, shall be returned to the respective Employer (or to the extent such contribution constitutes Elective
Contributions, to the respective Participants), within one year after the contribution is made into the Trust. 
 4.10 Limitation on
Reversions. Except as provided herein, the principal and income of the Trust shall in no event be paid to or revert to the Employer or be used for any purpose other than the exclusive benefit of the Participants and their Beneficiaries.

 ARTICLE 5 
 ALLOCATIONS TO INDIVIDUAL ACCOUNTS 
 5.1 Individual Account. The Trustee shall establish and maintain for each
Participant an Elective Contribution Account, an Employer Matching Contribution Account and a Choice Allocation Account that will reflect the Participant’s share of Employer contributions, if any, under the Plan, and the Adjustments thereto,
plus, in the case of the ATK Plan Participants and 
  

 39 

 the UGS Plan Participants, certain amounts that are transferred to this Plan as a result of the mergers of the ATK Plan
and the UGS Plan into this Plan as well as any contributions that are made to this Plan pursuant to Section 1.4 for the 2002 plan year. In addition, the Trustee shall establish a Discretionary Profit Sharing Contribution for each ATK Plan
Participant to reflect such Participant’s profit sharing contributions that are transferred to this Plan as a result of the merger of the ATK Plan into this Plan as well as any such contributions that are made to this Plan pursuant to
Section 1.4 for the 2002 plan year. The Trustee shall also establish a Prior Employer Voluntary Contribution Account, a Prior Employer Non-Elective Contribution Account, a Prior Employer Matching Contribution Account, a Prior Employer Elective
Contribution Account, a Prior Employer Rollover Account and a Rollover Account on behalf of a Participant as needed. Such accounts shall reflect Prior Employer Voluntary Contributions, Prior Employer Non-Elective Contributions, Prior Employer
Matching Contributions, Prior Employer Elective Contributions, Prior Employer Rollovers and Rollover Contributions, as applicable, transferred to the Plan on behalf of a Participant and the income, loss, appreciation, and depreciation attributable
to such contributions. The Trustee shall also maintain records to indicate the amount of each Individual Account that is invested in each Investment Fund. 
 5.2 Charging of Payments and Distributions. As of each Valuation Date and prior to any Adjustment under Section 5.3 (Allocation of Adjustment), all payments, distributions and withdrawals made under the
Plan since the immediately preceding Valuation Date to or for the benefit of a Participant or his Beneficiary shall be charged to the Individual Account of such Participant unless previously charged. 
 5.3 Allocation of Adjustment. The Adjustment of the Trust shall be determined by the Trustee as of each Valuation Date and allocated in accordance
herewith. Any Adjustment shall be deemed conclusive. 
 (a) First, the assets of the Plan shall be valued at their current
fair market value as of each Valuation Date, and the Adjustment since the immediately preceding Valuation Date shall be made to the Individual Accounts of all Participants and former Participants under the Plan in the ratio that the fair market
value of each such Individual Account as of the immediately preceding Valuation Date bears to the total fair market value of all Individual Accounts as of the immediately preceding Valuation Date. 
 (b) Notwithstanding anything herein to the contrary, the dividends, capital gains distributions, and other earnings and losses incurred on
any share or unit of a Plan investment that is specifically credited or earmarked to a Participant’s Individual Account under the Plan shall be allocated to such Individual Account and immediately reinvested, to the extent practicable, in
additional shares or units of such Plan investment, provided that effective May 31, 2002, dividends on shares of Employer Stock that are allocated to a Participant’s Individual Account through an investment in the EDS Stock Fund shall be
subject to the requirements of Section 15.5. 
 5.4 Allocation of Employer Contributions. Subject to the limitations on Annual
Additions in Section 5.6 (Maximum Additions), as of each Valuation Date, but in no event later 
  

 40 

 than the last day of the Plan Year to which such contributions relate, Employer Contributions shall be allocated and
credited to and among the Individual Accounts of Participants as follows: 
 (a) First, effective as of July 1, 1998,
allocate to the Individual Accounts of Participants whose nonvested benefits were forfeited in accordance with Section 6.9 (Forfeiture Occurs and Restoration of Non-Vested Accrued Benefit) but who have returned to Service within the time
prescribed in Section 6.9 (Forfeiture Occurs and Restoration of Non-Vested Accrued Benefit) or who have made a claim for benefits pursuant to Section 9.16 (Missing Persons), such portion of the Forfeitures for the Plan Year as is necessary
to restore in accordance with Section 6.9 (Forfeiture Occurs and Restoration of Non-Vested Accrued Benefit) or Section 9.16 (Missing Persons) the benefits of such Participants. In the event that Forfeitures are insufficient to restore the
benefits for such Participants, the Employer shall make an additional contribution such that these benefits are fully restored. 
 (b) Next, as soon as practicable following the contribution of Elective Contributions, allocate to each Participant’s Elective Contribution Account that portion of the total Elective Contributions that equals the amount of his
Compensation which the Participant has elected to defer during the period on account of which such Elective Contributions are made. 
 (c) Next, as soon as practicable following the contribution of Employer Matching Contributions made pursuant to Section 4.1(b)(i) (Employer Contributions), allocate such Employer Matching Contributions in accordance with
Section 4.1(b)(i) (Employer Contributions) for the period on account of which such Employer Matching Contributions are made. 
 (d) Next, as of the last Valuation Date in each calendar month, allocate any Choice Allocation Contribution pursuant to and in accordance with Section 4.1(c) (Employer Contributions) to the Choice Allocation Account of each Participant
who has elected to receive such a contribution. 
 (e) Next, as of the last day of the Plan Year, allocate any Employer
Matching Contribution made pursuant to and in accordance with Section 4.1(b)(ii) (Employer Contributions) to the Employer Matching Contribution Account of each Participant who is in the Service of an Employer on the last day of the Plan Year.

 (f) Next, in the event that the Employer has made a Qualified Nonelective Contribution for the Plan Year, as of the last
day of the Plan Year allocate the portion of the Qualified Nonelective Contribution to the Elective Contribution Account of each Participant who is not a Highly Compensated Employee which equals the maximum amount that can be allocated without
causing the total contribution for the Participant to exceed the limits in Section 5.6 (Maximum Additions); provided, however, that allocations under this Section 5.4(f) shall be made first for the benefit of the Participant or
Participants who are not Highly Compensated Employees and who have the lowest 
  

 41 

 Actual Deferral Percentages for the Plan Year, then as the Actual Deferral Percentages of those
Participants increase, add the Participants who are not Highly Compensated Employees and who have the next lowest Actual Deferral Percentages until the entire Qualified Nonelective Contribution as been allocated. 
 (g) Next, in the event that the Employer has made a Qualified Matching Contribution for the Plan Year, as of the last day of the Plan Year
allocate the portion of the Qualified Matching Contribution to the Employer Matching Contribution Account of each Participant who is not a Highly Compensated Employee which equals the maximum amount that can be allocated without causing the total
contribution for the Participant to exceed the limits in Section 5.6 (Maximum Additions); provided, however, that allocations under this Section 5.4(e) shall be made first for the benefit of the Participant or Participants who are not
Highly Compensated Employees and who have the lowest Actual Contribution Percentages for the Plan Year, then as the Actual Contribution Percentages of those Participants increase, add the Participants who are not Highly Compensated Employees and who
have the next lowest Actual Contribution Percentages until the entire Qualified Matching Contribution as been allocated. 
 (h) Notwithstanding anything in this Section 5.4 to the contrary, in no event shall amounts in excess of the amounts permitted in Section 5.6 (Maximum Additions) be allocated to any Participant’s Individual Account.

 5.5 Forfeitures. Forfeitures shall be applied to offset Employer Contributions for the Plan Year during which the Forfeitures occur
and/or the immediately following Plan Year, provided that such Forfeitures shall first be applied in accordance with Section 5.4(a) (Allocation of Employer Contributions). Except as provided in the immediately following sentence, forfeitures
that are transferred to this Plan as a result of the mergers of the ATK Plan and the UGS Plan into this Plan shall be treated under this Section 5.5 as if such forfeitures arose under this Plan. Notwithstanding the foregoing, forfeitures that
arose in ATK Plan during 2002 shall be used in the manner prescribed by the terms of the ATK Plan as of December 31, 2002. 
 5.6
Maximum Additions. Notwithstanding anything herein to the contrary, the total Annual Additions made to the Individual Account of a Participant for any Limitation Year shall not exceed the maximum amount stated herein. If a Participant is
covered by one or more defined contribution plans maintained by the Employer, the maximum Annual Additions as noted above shall be decreased as determined necessary by the Employer, prior to a reduction in such other defined contribution plans, to
insure that all such plans will remain qualified under the Code. Effective January 1, 1995, the maximum Annual Addition made to the Individual Account of a Participant for a Limitation Year, when combined with any similar Annual Additions
credited the Participant for the same period from another qualified defined contribution plan maintained by the Employer, shall not exceed the lesser of either; 
 (a) $40,000 (or $30,000 effective for Plan Years beginning prior to January 1, 2002) or such other amount as may be set from time to
time in accordance with the Code or the regulations thereunder, or, 
  

 42 

 (b) 100% (or 25% effective for Plan Years beginning prior to January 1, 2002) of the
Participant’s Compensation received from the Employer for such Limitation Year. 
 5.7 Correction For Excess Annual Additions. If
as of the Valuation Date coinciding with the last day of a Limitation Year corrective adjustments in the Annual Addition to any Individual Account are required pursuant to Section 5.6 (Maximum Additions) then the Plan Administrator shall, if
consistent with Treasury Regulation Section 1.415-6(b)(6), reduce the Participant’s Annual Additions in accordance with such Regulation Section as follows: 
 (a) The Participant’s Elective Contribution Account shall be reduced by the amount required to insure compliance with
Section 5.6 (Maximum Additions). Reductions in a Participant’s Individual Account shall include contributions and earnings and shall be returned to the Participant. 
 (b) To the extent that reductions in the Participant’s Elective Contributions Account are not sufficient, the amount of Employer
Matching Contributions shall be reduced and the reductions allocated to a suspense account. Any reduction shall be credited against the Employer’s obligation to contribute Employer Matching Contributions for the next Limitation Year and each
succeeding Limitation Year as necessary. No further Employer Matching Contributions shall be made until the suspense account shall be fully allocated and no gains or losses shall be allocated to such suspense account. 
 5.8 Limitation For Multiple Plan Participants. Effective for Limitation Years beginning prior to January 1, 2000, if a Participant
participates in both a defined contribution plan and in a defined benefit plan maintained by the Employer, then the sum of the Defined Contribution Plan Fraction, and the Defined Benefit Plan Fraction with respect to such Participant for any
Limitation Year may not exceed 1.00. However, should this sum exceed 1.00, the benefit under the defined benefit plan maintained by the Company, if any, shall first be reduced to ensure that such sum shall not exceed 1.00. If reducing the benefit
under any defined benefit plan maintained by the Company does not reduce the sum to 1.00 or less, then the benefit under any other defined benefit plan maintained by a Controlled Group Member in which the Participant participates shall be reduced to
ensure that the sum shall not exceed 1.00. If reducing such benefit under such defined benefit plans does not reduce the sum to 1.00 or less, then the benefit under the Plan shall be reduced to ensure that such sum shall not exceed 1.00. At the
election of the Plan Administrator, any applicable transitional rules provided by law may be used in computing the overall limitation. For purposes of this Section the following definitions apply: 
 (a) Defined Benefit Plan Fraction shall mean the fraction where the numerator is equal to the projected Annual Benefit (as defined
in Treasury Regulation Section 1.415-7(b)(3)) to the Individual Accounts as determined as of the last day of each Plan Year; and the denominator which is the lesser of the following amounts: 
 (i) the product of 1.25 multiplied by the dollar limitation as established in Code Section 415(b)(1)(A), or 
  

 43 

 (ii) the product of 1.4 multiplied by the dollar limitation as established in Code
Section 415(b)(1)(B). 
 (b) Defined Contribution Plan Fraction shall mean the fraction where the numerator is
equal to the sum of the Annual Additions to the Participant’s Individual Account determined as of the last day of such Plan Year, and the denominator is equal to the sum of the lesser of the following amounts determined as of the last day of
such Plan Year and for each prior Year of Service with the Employer: 
 (i) the product of 1.25 multiplied by the dollar
limitation set out in Code Section 415(c)(1)(A) for the Plan Year, or, 
 (ii) the product of 1.4 multiplied by the
dollar limitation which may be taken into account under Code Section 415(c)(1)(B). 
 ARTICLE 6 
 VESTING AND DISTRIBUTIONS  
 6.1
Normal Retirement. A Participant shall be fully vested in the balance in his Individual Account upon attainment of Normal Retirement Age as an Employee. Upon the Participant’s retirement on or after his Normal Retirement Date, the Plan
Administrator shall direct the Trustee to distribute to the Participant such amount in accordance with Section 6.5 (Distribution of Benefits). 
 6.2 Death. A Participant shall be fully vested in the balance in his Individual Account upon his death prior to the commencement of the distribution of such Participant’s Individual Account. The balance in such
Participant’s Individual Account shall become payable as a death benefit and shall be paid in accordance with Section 6.5 (Distribution of Benefits). 
 6.3 Disability. Upon the occurrence of the Disability of a Participant, the vested portion in his Individual Account shall become payable, and upon the Participant’s proper election, the Plan Administrator
shall direct the Trustee to distribute to such Participant such amount in accordance with Section 6.5 (Distribution of Benefits). For purposes of the immediately preceding sentence, an ATK Plan Participant and a UGS Plan Participant shall be
fully vested in the balance in his Individual Account upon the occurrence of the Disability of such a Participant. 
 6.4 Other
Termination of Service. Upon a Participant’s severance from employment with an Employer (or upon a Participant’s separation from Service effective for Plan Years beginning prior to January 1, 2002) for any reason other than
retirement, Disability or death, payment of the vested portion of the Participant’s Individual Account shall be made in accordance with Section 6.5. For purposes of the immediately preceding sentence, effective for Plan Years beginning on
or after January 1, 2002, the vested portion of a Participant’s Individual Account shall be distributable regardless of whether a severance from employment with an Employer occurred prior to or occurs on or after January 1, 2002.
Notwithstanding anything 
  

 44 

 herein to the contrary, a Participant shall not experience a severance from employment (or a Separation from Service
during Plan Years prior to January 1, 2002) for purposes of this paragraph if the Participant is transferred to a Controlled Group Member or a Non-US Subsidiary Company or if the Participant becomes a “leased employee” as defined in
Section 2.1(37)(ii)(D). 
 Prior to attainment of Normal Retirement Age, and except as otherwise provided on Appendix D, a Participant shall be vested
in his Employer Matching Contribution Account and, if applicable, Discretionary Profit Sharing Contribution Account based on his number of full years of Credited Service (determined in accordance with Section 3.6, where applicable) in
accordance with the following schedule: 
  

				
	 Years of Credited Service
	  	Percent Vested	 
	 Less than    2
	  	0	%
	 2
	  	40	%
	 3
	  	60	%
	 4
	  	80	%
	 5
	  	100	%

 Except as otherwise provided on Appendix D, a Participant shall be vested in his Choice Allocation Account upon
the completion of five (5) full years of Credited Service, as such term is defined in the EDS Retirement Plan or, if applicable, as determined in accordance with Section 3.6. The amount computed in accordance with the foregoing provisions
will become distributable to the Participant or for his benefit at such times and in such manner as provided in Section 6.5 (Distribution of Benefits) hereof. 
 A Participant shall be one hundred percent (100%) vested at all times in his Elective Contribution Account and, if applicable, his Rollover Account. 
 In the event a Participant who has terminated his employment with an Employer is reemployed or reinstated as an Employee prior to receiving a distribution of the balance of the Individual Account, such Employee shall then not be entitled to
a distribution pursuant to this Section. 
 Notwithstanding anything herein to the contrary, each Participant who is (i) employed by UGS PLM Solutions
Inc. on the closing of the sale of all the shares of UGS PLM Solutions Inc. common stock by the Company to BSW Holdings, Inc. or (ii) one of the UGS PLM Solutions Inc. employees who is not actively at work on the closing but is listed on
Section 8.6(b) of the Company Disclosure Letter accompanying the UGS PLM Solutions Inc. Stock Purchase Agreement, shall be 100% vested in the balance of such Participant’s Employer Matching Contribution Account and, if applicable, Prior
Employer Matching Contribution Account and/or Prior Employer Non-Elective Contribution Account. 
 6.5 Distribution of Benefits. The
Trustee shall make distributions from the Trust only pursuant to the Plan Administrator’s instructions. Such distributions shall be made to a Participant, his Beneficiary, or to an authorized personal representative of such Participant or

  

 45 

 such Participant’s estate and shall be made in accordance with the requirements of the Code and the Regulations
issued thereunder, as follows: 
 (a) Application for Benefits. In order to receive a benefit pursuant to the terms of
the Plan, a Participant, his Beneficiary, or authorized personal representative, must make a written application as required by the Plan Administrator. The Plan Administrator may require information which in its discretion is considered pertinent to
any question of eligibility and the amount of any benefit. 
 (b) Method of Payment. Any married Participant shall have
benefits distributed in the method provided in subsection 6.5(b)(i), or if Participant is single or, effective prior to July 1, 1998, the Participant and the Participant’s spouse have not been married to each other throughout the one year
period ending on the date benefits are to begin under this Section, then such Participant’s benefits shall be distributed in the method provided in subsection 6.5(b)(iv). A Participant shall have the right to make an election with the necessary
Qualified Consent to the Plan Administrator in accordance with the procedures then established by the Plan Administrator to have benefits paid under the option set forth in subsection 6.5(b)(ii), 6.5(b)(iii) or 6.5(b)(v). With a Qualified Consent, a
Participant may revoke such election at any time prior to the commencement of distribution of benefits in accordance with the procedures then established by the Plan Administrator. After a Participant’s Annuity Starting Date, the form of
distribution provided under this Section 6.5(b) shall not be subject to revocation or change. Effective for distributions with an Annuity Starting Date commencing on or after May 31, 2002, this paragraph shall no longer apply except to the
extent that all or any portion of a Participant’s Individual Account contains funds with respect to which the Plan is a direct or indirect transferee from a plan subject to the requirements of Code Section 417 (which plans shall include
the plans of the sponsoring employers listed on part C of Appendix C from which assets were transferred to this Plan) unless the transfer is an “elective transfer” as described in Treasury regulation Section 1.411(d)-4. 
 (i) Fifty Percent (50%) Joint and Survivor Annuity. Benefits payable in accordance herewith shall be distributed in the form
of an annuity contract purchased by the Trustee which shall be an annuity for the life of the Participant with a survivor annuity for the life of the Participant’s spouse or Designated Beneficiary which is not less than fifty percent
(50%) of the amount of the annuity payable during the joint lives of the Participant and the Participant’s spouse or Designated Beneficiary (“Fifty Percent (50%) Joint and Survivor Annuity”) or if such Participant should die
prior to the commencement of the payment of benefits from the Plan, then benefits payable in accordance herewith shall be distributed pursuant to an annuity contract purchased by the Trustee, which is an annuity for the life of the
Participant’s surviving spouse (“Preretirement Survivor Annuity”). Any benefit payable in accordance with this subsection shall always be and remain subject to the provisions of Code Sections 401(a)(11) and 417. Effective for
distributions with an Annuity Starting Date commencing on or after May 31, 2002, this method of distribution shall no longer be available except if required pursuant to the last sentence of Section 6.5(b). 
  

 46 

 (ii) Lump Sum. Benefit payments made in this method shall be made in a lump sum in
cash; provided that, pursuant to Section 6.13 (Special Rule Regarding Certain Distributions From EDS Stock Fund), the portion of the Participant’s Individual Account invested in the EDS Stock Fund, if any, shall be distributed in cash or
in kind, as elected by the Participant. 
 (iii) Periodic Installments. A Participant can elect to receive benefits
paid in equal periodic payments determined based upon the value of such Participant’s Individual Account as of the Valuation Date first occurring on or after the date entitling such Participant to a distribution, together with earnings, payable
over the lesser of (a) a period not to exceed ten (10) years; or (b) a period not to exceed the Participant’s life expectancy or the joint life and last survivor expectancy, of the Participant and his or her Beneficiary, as
determined at the time payment of benefits is to commence. Effective for distributions with an Annuity Starting Date commencing on or after May 31, 2002, this method of distribution shall no longer be available. 
 (iv) Life Annuity. Benefits payable in accordance herewith shall be distributed in the form of an annuity contract purchased by the
Trustee which is an annuity for the life of the Participant. Such annuity shall not provide any survivor option. Any benefit payable in accordance with this subsection shall always be and remain subject to the provisions of Code Sections 401(a)(11)
and 417. Effective for distributions with an Annuity Starting Date commencing on or after May 31, 2002, this method of distribution shall no longer be available except if required pursuant to the last sentence of Section 6.5(b).

 (v) One Hundred Percent (100%) Joint and Survivor Annuity. Benefits payable in accordance herewith shall be
distributed in the form of an annuity contract purchased by the Trustee which shall be an annuity for the life of the Participant with a survivor annuity for the life of the Participant’s spouse or Designated Beneficiary which is not less than
one-hundred percent (100%) of the amount of the annuity payable during the joint lives of the Participant and the Participant’s spouse or Designated Beneficiary (“One Hundred Percent (100%) Joint and Survivor Annuity”).
Effective for distributions with an Annuity Starting Date commencing on or after May 31, 2002, this method of distribution shall no longer be available. 
 (c) Automatic Distribution. Notwithstanding anything to the contrary herein, effective March 28, 2005, if the vested portion
of a Participant’s Individual Account does not exceed $1,000 in the case of a distribution to the Participant or $5,000 in the case of a distribution to the Participant’s Beneficiary as of the date of the Participant’s retirement,
death, Disability or other termination from Service, as applicable, or as of the 90th day 
  

 47 

 following such termination from Service, then regardless as to whether there is an application for
benefits and as soon as administratively practicable, the Participant or Beneficiary, as the case may be, shall automatically receive the vested portion of such Participant’s Individual Account paid in the form of a Lump Sum as set forth in
subsection 6.5(b)(ii) (Lump Sum). For purposes of determining whether the $1,000 or $5,000 threshold in the immediately preceding sentence is met, the value of the vested portion of the Participant’s Individual Account shall include any
rollover contributions (and earnings thereon) within the meaning of Code Sections 402(c), 403(a)(4), 403(b)(8), 408(d)(3)(A)(ii) and 457(e)(16). 
 (d) Payment of Benefits. Payment of benefits to eligible Participants shall begin at the time and in the manner as properly elected by the Participant in accordance with the provisions then established by the
Plan Administrator. Any Participant who has attained Normal Retirement Age who does not submit an application for the payment of benefits in accordance with Section 6.1 (Normal Retirement) shall be deemed to have postponed the distribution of
benefits until his Required Beginning Date. Each Participant must begin to receive benefits no later than the Required Beginning Date, and must be eligible to receive benefits not later than the 60th day after the Plan Year coincident with or next
succeeding the latest of 
 (i) the date on which the Participant attains age sixty-five (65); or 
 (ii) the 10th anniversary of the date on which the Participant commenced participation in the Plan; or 
 (iii) the date on which the Participant separates from Service with the Employer. 
 Notwithstanding anything herein or in a prior Plan document to the contrary, effective for the period December 30, 1992 through May 14, 2001, a
Participant who is eligible to elect a distribution under this Section 6.5 may elect to receive a distribution of all or any portion of the Participant’s vested Individual Account in any of the forms of distribution available under
Section 6.5(b). 
 (e) Time of Payment. Any amounts distributable in accordance with this Article shall be paid to
the distributee by the Trustee as soon as administratively practicable on the Valuation Date on or first occurring after the Trustee receives authorized distribution directions from the Plan Administrator. 
 (f) Direct Rollover. Any distributee entitled to an eligible rollover distribution from the Plan may, in accordance with the
procedures then established by the Plan Administrator, elect to have such payment (including any outstanding loan where the payment is not to be made to an individual retirement account or annuity described in Code Sections 408(a) or 408(b)) made
directly to an eligible retirement plan in a direct rollover. 
  

 48 

 For purposes of this Section 6.5(f) the following definitions shall apply: 
 (1) An eligible rollover distribution is any distribution of all or any portion of the balance to the credit of the distributee, except that an eligible
rollover distribution does not include: any distribution that is one of a series of substantially equal periodic payments (not less frequently than annually) made for the life (or life expectancy) of the distributee or the joint lives (or joint life
expectancies) of the distributee and the distributee’s designated beneficiary, or for a specified period of ten years or more; any distribution to the extent such distribution is required under Code Section 401(a)(9); the portion of any
other distribution that is not includible in gross income (determined without regard to the exclusion for net unrealized appreciation with respect to employer securities); and any hardship distribution described in Code
Section 401(k)(2)(B)(i)(IV) after December 31, 1999. Effective for Plan Years beginning on or after January 1, 2002, any amount that is distributed on account of hardship shall not be an eligible rollover distribution and the
distributee may not elect to have any portion of such a distribution paid directly to an eligible retirement plan. 
 (2) An eligible
retirement plan is an individual retirement account described in Code Section 408(a), an individual retirement annuity described in Code Section 408(b), an annuity plan described in Code Section 403(a), or a qualified trust described
in Code Section 401(a), that accepts the distributee’s eligible rollover distribution. However, in the case of an eligible rollover distribution to the surviving spouse, an eligible retirement plan is an individual retirement account or
individual retirement annuity. Effective for Plan Years beginning on or after January 1, 2002, an eligible retirement plan shall also mean an annuity contract described in section 403(b) of the Code and an eligible plan under section 457(b) of
the Code which is maintained by a state, political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state and which agrees to separately account for amounts transferred into such plan from this Plan.
The definition of eligible retirement plan shall also apply in the case of a distribution to a surviving spouse, or to a spouse or former spouse who is the alternate payee under a qualified domestic relation order, as defined in section 414(p) of
the Code. 
 (3) A distributee includes an Employee or former Employee. In addition, the Employee’s or former Employee’s surviving
spouse and the Employee’s or former Employee’s spouse or former spouse who is the alternate payee under a qualified domestic relations order, as defined in Code Section 414(p), are distributees with regard to the interest of the
spouse or former spouse. 
  

 49 

 (4) A direct rollover is a payment by the Plan to the eligible retirement plan specified by the
distributee. 
 (5) Effective for Plan Years beginning on or after January 1, 2002, for purposes of the direct rollover provisions in
this Section 6.5(f), a portion of a distribution shall not fail to be an eligible rollover distribution merely because the portion consists of after-tax employee contributions which are not includible in gross income. However, such portion may
be transferred only to an individual retirement account or annuity described in section 408(a) or (b) of the Code, or to a qualified defined contribution plan described in section 401(a) or 403(a) of the Code that agrees to separately account
for amounts so transferred, including separately accounting for the portion of such distribution which is includible in gross income and the portion of such distribution which is not so includible. 
 (g) Restriction on Transferred Accounts. Notwithstanding anything in this Article 6 to the contrary, commencing on January 1,
2003 and continuing through January 13, 2003 (or such later date as the Plan Administrator determines is necessary), amounts transferred from the ATK Plan and the UGS Plan to this Plan in connection with the mergers of the ATK Plan and the UGS
Plan into this Plan may not be distributed under this Article 6. Starting on January 14, 2003 (or such later date as the Plan Administrator determines is necessary), such transferred amounts shall be available for distribution in accordance
with the provisions of this Article 6. 
 6.6 Maximum Option Payable. In the event a Participant has a benefit paid under subsection
6.5(b)(i) (Distribution of Benefits) and the Beneficiary is not the spouse of the Participant, the option elected shall be restricted so that the present value of the payments expected to be made to the Beneficiary is not more than fifty percent
(50%) of the present value of the total payment expected to be made to the Participant. 
 6.7 Vesting After a Distribution. If a
distribution is made from a Participant’s Employer Matching Contribution Account or Discretionary Profit Sharing Contribution Account at a time when the Participant is not fully vested in the balance in his Employer Matching Contribution
Account or Discretionary Profit Sharing Contribution Account, at any time subsequent to such distribution (the “Relevant Time”), the Participant’s vested portion of the balance in his Employer Matching Contribution Account or
Discretionary Profit Sharing Contribution Account shall not be less than an amount calculated as follows: 
 (a) First, add
the amount of all previous distributions from the Employer Matching Contribution Account or Discretionary Profit Sharing Contribution Account to the balance of the Participant’s Employer Matching Contribution Account or Discretionary Profit
Sharing Contribution Account at the Relevant Time; 
 (b) Second, multiply the amount obtained in (a) by the
Participant’s vested percentage in his Employer Matching Contribution Account or Discretionary Profit Sharing Contribution Account, determined in accordance with Section 6.4 (Other Termination of Service); and 
  

 50 

 (c) Finally, subtract the amount of the distributions added to the Employer Matching
Contribution Account or Discretionary Profit Sharing Contribution Account balance under (a) above from the amount obtained in (b). 
 6.8 Benefits to Minors and Incompetents. If any person entitled to receive payment under the Plan shall be a minor, or found to be incompetent, the Plan Administrator may distribute such benefits as follows: 
 (a) Distribution to Minors. Distributions to minors shall be paid to either parent of such minor, or to any person who shall be
legally qualified and shall be acting as guardian of the person or the property of such minor, or, to such person who shall hold such funds in trust for such minor. In every case such persons must, before any amounts are so distributed, have advised
the Plan Administrator in writing that such amounts will be used exclusively for the benefit of such minor. 
 (b)
Distributions to Incompetents. Distributions to a person entitled to receive a benefit from the Plan who is physically or mentally incapable of personally receiving and giving a valid receipt for any payment due may be made to the legal
guardian or other legally qualified person entitled to receive payment on such incompetent person’s behalf. 
 6.9 Forfeiture Occurs
and Restoration of Non-Vested Accrued Benefit. 
 (a) Forfeiture Occurs. Following a termination of Service, a Participant shall
incur a Forfeiture of the nonvested portion of his Employer Matching Contribution Account, Choice Allocation Account or Discretionary Profit Sharing Contribution Account as of the date on which the Participant receives a distribution of the vested
portion of the balance in his Individual Account as the result of his termination of Service. For purposes of the immediately preceding sentence, a Participant whose vested portion of his Individual Account is zero at the time of his termination of
Service shall be deemed to have received a distribution of the vested portion of his Individual Account upon such termination of Service. A Participant’s Elective Contributions, if any, shall be included in determining whether the vested
portion of a Participant’s Individual Account is zero. 
 (b) Restoration of Forfeitures. If an individual who was formerly a
Participant has incurred a Forfeiture of the portion of his Individual Account balance in which he was not vested because he received, or was deemed to have received, a distribution of the vested portion of his Individual Account Balance following
his termination of Service, and such individual returns to the Service of the Employer, such individual’s forfeited non-vested portion of his Individual Account shall be restored as follows: 
 (i) First, if the Participant returns to Service of the Employer before incurring a period of five consecutive One-Year Breaks-in-Service,
as determined pursuant to Section 3.5, the balance in the Participant’s Choice Allocation Account (and Employer 
  

 51 

 Matching Contribution Account or Discretionary Profit Sharing Contribution Account in the case of a
deemed distribution) shall be restored as of the date the Participant returns to Service. 
 (ii) Second, the nonvested
portion of the Participant’s Employer Matching Contribution Account or Discretionary Profit Sharing Contribution Account shall be restored if the Participant repays to the Plan the full amount of the distribution prior to five (5) years
after the Participant’s Date of Reemployment (provided that the Participant must be an Employee at the time of repayment). 
 The
restoration of the nonvested portion of the Participant’s Employer Matching Contribution Account or Discretionary Profit Sharing Contribution Account shall be as soon as administratively practicable following such repayment. 
 The restoration of forfeited amounts shall be made first from Forfeitures arising under the Plan and, if such Forfeitures are not sufficient, the remainder shall be
restored out of Employer Contributions for the Plan Year, which contributions shall be supplemented by an amount equal to such remainder. Any amount restored pursuant to this Section shall not be an Annual Addition for such Limitation Year. The Plan
Administrator shall give timely notice to any rehired Employee, if such Employee is eligible to make a repayment, of his right to make such repayment and an explanation of the consequences of not making such repayment. 
 6.10 Participant’s Death Prior to Commencement of Distribution - the “Five-Year Rule” and Exceptions Thereto. If a Participant dies
before the distribution of the balance of the vested interest in such Participant’s Individual Account has begun in accordance with the provisions herein, the entire balance of such Participant’s Account will be distributed within five
(5) years after the date of such Participant’s death (the “Five-Year Rule”). This Section is subject to the following exceptions: 
 (a) Payable Over Life of Beneficiary. The Five-Year Rule does not apply if a portion of the Participant’s Individual Account is payable to a Designated Beneficiary for life, or over a period not extending
beyond the Designated Beneficiary’s life expectancy, and the payments commence within one (1) year of the Participant’s death. All distributions made pursuant to this subsection must also satisfy the minimum distribution rules
applicable to before-death distributions. Effective for distributions with an Annuity Starting Date commencing on or after May 31, 2002, the only form of distribution available from the Plan following the death of a Participant is a lump sum
payment of the entire balance of the Participant’s Individual Account, and this Section 6.10(a) shall no longer apply. 
 (b) Special Rule for Surviving Spouse. The Five-Year Rule does not apply when the Beneficiary is the surviving spouse of the Participant. In such event, distribution may be made to such surviving spouse either (i) in payments
over the period of such surviving spouse’s life or, (ii) over a period not extending beyond the life expectancy of such surviving spouse, provided that payments begin no later than the 
  

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 Required Beginning Date. Effective for distributions with an Annuity Starting Date commencing on or after
May 31, 2002, the only form of distribution available under this Section 6.10(b) is a lump sum payment of the entire balance of the Participant’s Individual Account. In the event that such surviving spouse dies before the payments are
required to commence, then the Five-Year Rule must be applied as if such surviving spouse were the Participant. The remaining balance in such Participant’s Individual Account need not be distributed within five (5) years of the death of
such Participant’s surviving spouse as long as the payments commence within one (1) year of the date of death of the Participant and are payable to the surviving spouse’s Designated Beneficiary for life or over a period not extending
beyond the life expectancy of such surviving spouse’s beneficiary. Effective for distributions with an Annuity Starting Date commencing on or after May 31, 2002, the immediately preceding sentence shall no longer apply. 
 6.11 Life Expectancy Determination. For purposes of distribution of benefits herein, the life expectancy of a Participant and the
Participant’s spouse shall not be redetermined more than once in a twelve-month period and shall then be determined in accordance with Code Section 401(a)(9) and the Regulations issued thereunder. 
 6.12 Required Beginning Date. The entire vested interest of any Participant’s Individual Account shall be distributed as follows: 

(a) not later than the Required Beginning Date; or, 
 (b) commencing not later than the Required Beginning Date, as determined herein, the entire amount credited to a Participant’s
Individual Account must be paid out or payments made over the life of such Participant, the joint lives of the Participant and a Beneficiary, or for a term not extending beyond the life expectancy of the Participant and a Beneficiary. Effective for
distributions with an Annuity Starting Date commencing on or after May 31, 2002, this Section 6.12(b) shall no longer apply and, subject to the requirements of the last sentence of Section 6.5(b), the entire vested interest of a
Participant’s Individual Account shall be distributed under this Section 6.12 in a single, lump sum payment. 
 (c)
Notwithstanding anything herein to the contrary, a Participant who attains age 70 1/2 in 1997 or 1998, but is not
otherwise subject to the requirements of this section may elect to receive a distribution each year following the year in which the Participant attained age 70 1/2, calculated as if the April 1 of the year following the year in which the Participant attained age 70 1/2 were the Participant’s Required Beginning Date. An election under this section shall be made in accordance with procedure established by the Plan Administrator in its sole
and absolute discretion. 
 6.13 Special Rule Regarding Certain Distributions From EDS Stock Fund. If any or all
of the balance of a Participant’s Individual Account, becomes payable and any portion thereof is then invested in the EDS Stock Fund, then such Participant may elect to receive a distribution in whole shares of Employer Stock of all or part of
the Individual Account allocated to the EDS Stock Fund. Any fractional share of Employer Stock will be distributed in cash. 
  

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 6.14 Required Notifications. 
 (a) Waiver of Fifty Percent (50%) Joint and Survivor Annuity. In the case of a Joint and Survivor Annuity required by
Section 6.5(b), the Plan Administrator shall no less than thirty (30) days and no more than ninety (90) days prior to the Annuity Starting Date, provide each Participant with a written explanation of: 
 (i) the terms and conditions of a Joint and Survivor Annuity; 
 (ii) the Participant’s right to make and the effect of an election to waive the Joint and Survivor Annuity form of benefit;

 (iii) the rights of a Participant’s spouse; and 
 (iv) the right to make and the effect of, a revocation of a previous election to waive the Joint and Survivor Annuity. 
 The Participant (and his or her spouse, if applicable) may waive the 30-day election period if the distribution of the elected form of benefit commences
more than 7 days after the Plan Administrator provides the Participant (and his or her spouse, if applicable) the written explanation. 
 (b) Waiver of Preretirement Survivor Annuity. In the case of a Preretirement Survivor Annuity required by Section 6.5(b), the Plan Administrator shall provide each Participant within the applicable period
for such Participant a written explanation of the Preretirement Survivor Annuity in such terms and in such manner as would be comparable to the explanation provided for meeting the requirements of Section 6.14(a). 
 (c) Waiver Period. The applicable period for a Participant is whichever of the following periods ends last: 
 (i) the period beginning with the first day of the Plan Year in which the Participant attains 32 years of age and ending with the last day
of the Plan Year preceding the Plan Year in which the Participant attains 35 years of age; 
 (ii) a reasonable period ending
after the individual becomes a Participant; 
 (iii) a reasonable period ending after this Section 6.14 ceases to apply
to the Participant; 
  

 54 

 (iv) notwithstanding the foregoing, notice must be provided within a reasonable period
ending after separation from Service in the case of a Participant who separates from Service before attaining 35 years of age. 
 6.15
Required Minimum Distribution Rules Effective January 1, 2003. Notwithstanding anything in this Plan to the contrary, this Section 6.15 shall apply for purposes of determining the minimum required distributions under
Section 401(a)(9) for calendar years beginning January 1, 2003: 
  

	 	(a)	General Rules 

  

	 	(1)	Precedence. The requirements of this Section 6.15 will take precedence over any inconsistent provisions of the Plan. 

  

	 	(2)	Requirements of Treasury Regulations Incorporated. All distributions required under this Section 6.15 will be determined and made in accordance with the Treasury regulations
under Section 401(a)(9) of the Internal Revenue Code, as specifically set forth herein. 

  

	 	(3)	TEFRA Section 242(b)(2) Elections. Notwithstanding the other provisions of this Article 6, other than paragraph (2) above, distributions may be made under a designation
made before January 1, 1984, in accordance with Section 242(b)(2) of the Tax Equity and Fiscal Responsibility Act (TEFRA) and the provisions of the plan that relate to Section 242(b)(2) of TEFRA. 

  

	 	(b)	Time and Manner of Distribution. 

  

	 	(1)	Required Beginning Date. The Participant’s entire interest will be distributed to the Participant no later than the Participant’s required beginning date.

  

	 	(2)	Death of Participant Before Distributions Begin. If the Participant dies before distributions begin, the Participant’s entire interest will be distributed no later than as
follows: 

  

	 	(A)	If the Participant’s surviving spouse is the Participant’s sole designated beneficiary, then 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. 

  

	 	(B)	If the Participant’s surviving spouse is not the Participant’s sole designated beneficiary, the Participant’s entire interest will be distributed by December 31
of the calendar year containing the fifth anniversary of the Participant’s death. 

  

 55 

	 	(C)	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. 

  

	 	(D)	If the Participant’s surviving spouse is the Participant’s sole designated beneficiary and the surviving spouse dies after the Participant but before distributions to the
surviving spouse begin, this paragraph (2), other than subparagraph (A), will apply as if the surviving spouse were the Participant. 

 For purposes of this paragraph (2) and Section 6.15(e), distributions are considered to begin on the Participant’s required beginning date (or, if subparagraph (D) applies, the date distributions are required to begin to
the surviving spouse under subparagraph (A)). If distributions under an annuity purchased from an insurance company irrevocably commence to the Participant before the Participant’s required beginning date (or to the Participant’s surviving
spouse before the date distributions are required to begin to the surviving spouse under subparagraph (A)), the date distributions are considered to begin is the date distributions actually commence. 
  

	 	(3)	Form 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 6.15(c) and (d). 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 Treasury regulations. 

  

	 	(c)	Required Minimum Distributions During Participant’s Lifetime. 

 All distributions under this Section 6.15(c) are in the form of a lump sum payment of the entire balance of the Participant’s Individual Account. 
  

	 	(d)	Required Minimum Distributions After Participant’s Death. 

 All distributions under this Section 6.15(d) are in the form of a lump sum payment of the entire balance of the Participant’s Individual Account. 
  

 56 

	 	(e)	Definitions. 

  

	 	(1)	Designated beneficiary. The individual who is designated as the beneficiary under Section 2.1(10) of the Plan and is the designated beneficiary under Section 401(a)(9) of
the Internal Revenue Code and Section 1.401(a)(9)-1, Q&A-4, of the Treasury regulations. 

  

	 	(2)	Distribution calendar year. A calendar year for which a minimum distribution is required. For distributions beginning before the Participant’s death, the first distribution
calendar year is the calendar year immediately preceding the calendar year 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 6.15(b)(2). The required minimum distribution for the Participant’s first distribution calendar year will be made on or before the Participant’s required
beginning date. The required minimum distribution for other distribution calendar years, including the required minimum distribution for the distribution calendar year in which the Participant’s required beginning date occurs, will be made on
or before December 31 of that distribution calendar year. 

  

	 	(3)	Required beginning date. The date specified in Section 2.1(91) of the Plan. 

 ARTICLE 7 
 WITHDRAWALS AND LOANS 
 7.1 Withdrawals and Loans Generally. Subject to the terms and conditions set forth below, a Participant may withdraw or borrow from such
Participant’s vested interest in the Plan upon application to the Plan Administrator and in accordance herewith. Notwithstanding anything herein to the contrary, however, a Participant may not withdraw or borrow under this Article 7
(a) any portion of his Choice Allocation Account or (b) any portion of his Employer Matching Contribution Account with respect to which he is unable to direct investment pursuant to Section 8.2 (Direction of Investments). Further,
commencing on January 1, 2003 and continuing through January 13, 2003 (or such later date as the Plan Administrator determines is necessary), amounts transferred from the ATK Plan and the UGS Plan to this Plan in connection with the
mergers of the ATK Plan and the UGS Plan into this Plan may not be withdrawn or borrowed under this Article 7. Starting on January 14, 2003 (or such later date as the Plan Administrator determines is necessary), such transferred amounts shall
be available for withdrawal or borrowing in accordance with the provisions of this Article 7. 
 7.2 Special Hardship Withdrawal. If,
in accordance with the following provisions, the Plan Administrator determines that a Hardship exists and that the Participant is so entitled to a Hardship distribution, then, subject to the following, a Hardship distribution may be made to the
Participant at any time administratively practicable. 
  

 57 

 (a) Hardship Defined. For purposes of this Section, Hardship is defined as an
immediate and heavy financial need which cannot be satisfied by any other financial resources available to the Participant. Only the following needs of a Participant shall qualify as a Hardship: 
 (i) expenses for (or necessary to obtain) medical care that would be deductible under Section 213(d) of the Code (determined without
regard to whether the expense exceeds 7.5% of adjusted gross income); 
 (ii) costs directly related to the purchase
(excluding mortgage payments) of a principal residence of the Participant; 
 (iii) the payment of tuition, related
educational fees and room and board expenses for up to the next twelve months of post-secondary education for the Participant, the Participant’s spouse, children or dependents (as defined in Section 152 of the Code but without regard to
Sections 152(b)(1), (b)(2) and (d)(1)(B)); 
 (iv) payments necessary to prevent eviction of the Participant from the
Participant’s principal residence or foreclosure of the Participant’s principal residence; 
 (v) payments for
burial or funeral expenses for the Participant’s deceased parent, spouse, children or dependents (as defined in Section 152 of the Code but without regard to Section 152(d)(1)(B)); or 
 (vi) expenses for the repair of damage to the Participant’s principal residence that qualify for the casualty loss deduction under
Section 165 of the Code (without regard to whether the loss exceeds 10% of adjusted gross income) 
 (b) Application
for Hardship Provision. At any time when a Participant seeks a distribution of all or any portion of the vested interest in such Participant’s Individual Account, then such Participant shall deliver a written request to the Plan
Administrator stating thereon the nature of the Hardship, the estimated amount of funds needed to alleviate the Hardship, documentation sufficient to substantiate the Hardship, and the date when such funds are needed. The Plan Administrator shall
determine whether or not a Hardship exists as to the Participant, and the amount of the Participant’s vested interest in his Elective Contribution Account, Employer Matching Contribution Account and, if applicable, Discretionary Profit Sharing
Contribution Account, together with all income allocated thereto as of December 31, 1988, and any amounts which as of December 31, 1988, were credited to such Participant’s Prior Employer Non-Elective Contributions Account, Prior
Employer Matching Contributions Account, Prior Employer Elective Contributions Account, Prior Employer Rollover Account and Rollover Account, which shall be distributed to the Participant to alleviate the Hardship. Within thirty (30) days of
the Plan Administrator’s receipt of a Participant’s written request for a Hardship distribution, the Plan Administrator shall notify the Participant as to whether or not a 
  

 58 

 Hardship was found to exist and as to the amount of the Participant’s vested interest which shall be
distributed to the Participant. No distribution shall be made if a Qualified Consent has not been obtained and delivered to the Plan Administrator, provided that for Hardship withdrawal applications made on or after May 31, 2002, a Qualified
Consent shall no longer be required except to the extent the withdrawal is from a Participant’s Individual Account that contains funds described in the last sentence of Section 6.5(b). Notwithstanding anything herein to the contrary, any
Participant who has severed employment with all Employers shall not be eligible for a Hardship distribution under this Section 7.2. 
 (c) Requisites for Hardship Withdrawal. No distribution will be made to any Participant for reason of Hardship unless: 
 (i) the amount to be distributed pursuant to this Section 7.2 does not exceed the amount necessary to alleviate the
Participant’s necessary and immediate financial need. The amount of a necessary and immediate financial need may include any amounts necessary to pay any federal, state or local income taxes or penalties reasonably anticipated to result from
the distribution; 
 (ii) the Participant has obtained all distributions, other than Hardship distributions, and all
non-taxable loans currently available under all plans sponsored by the Employer in which he is eligible to participate, and effective May 31, 2002, the Participant makes an election under Section 15.4(b) to receive a distribution of
dividends if such an election is currently available to the Participant at the time the Hardship withdrawal application is filed with the Plan Administrator; 
 (iii) the Participant has represented, in writing or such other form as may be prescribed by the Commissioner of the Internal Revenue
Service, that the need cannot reasonably be relieved: 
  

	 	(1)	Through reimbursement or compensation by insurance or otherwise; 

  

	 	(2)	By liquidation of the Participant’s assets; 

  

	 	(3)	By cessation of Elective Contributions under the Plan; 

  

	 	(4)	By other currently available distributions (including distribution of ESOP dividends under section 404(k) and nontaxable (at the time of the loan) loans, under plans maintained by
the Employer or by any other employer; or 

  

	 	(5)	By borrowing from commercial sources on reasonable commercial terms in an amount sufficient to satisfy the need; 

  

 59 

 (iv) any Participant who receives a Hardship distribution from the Plan shall be
prohibited from making Elective Contributions under the Plan and must agree not to make elective contributions to any other plan maintained by an Employer (including, but not limited to, the EDS Employee Stock Purchase Plan and, if applicable, the
EDS Executive Deferral Plan) for six (6) consecutive months (or twelve (12) consecutive months effective for Plan Years beginning prior to January 1, 2002) from the date of the Hardship distribution, provided that for Hardship
distributions occurring during 2001, the period shall be for the later to occur of six months from the date of the distribution or January 1, 2002; and 
 (v) effective for Plan Years beginning prior to January 1, 2002, the Plan and any other Qualified Plan maintained by the Employer
must limit the Participant’s Elective Contributions for the taxable year first occurring after the date of the Hardship Distribution to the applicable limit as then in effect pursuant to Code Section 402(g) for such taxable year, less the
Participant’s total Elective Contributions for the taxable year in which the Hardship Distribution occurred. 
 (d)
Hurricane Katrina Provisions. A Participant described in IRS Announcement 2005-70 may, during the period commencing on August 29, 2005 and ending on March 31, 2006, receive a Hardship distribution under this Section 7.2 on
account of a need arising from Hurricane Katrina regardless of whether such need is set forth in Section 7.2(a). Unless the Plan Administrator has actual knowledge to the contrary, the Plan Administrator may rely on the written representations
of a Participant described in the immediately preceding sentence that the requested distribution is on account of a need arising from Hurricane Katrina and that the amount of the requested distribution is necessary to alleviate such need. The
restrictions set forth in Sections 7.2(c)(ii), (iii) and (iv) do not apply to a Hardship distribution permitted under this Section 7.2(d). 
 7.3 In-Service Withdrawal. Any Participant who has attained age fifty-nine and one-half (59 1/2) and is employed by and on the payroll of an Employer or a Controlled Group Member may request withdrawal of all or a portion of the vested portion of his Individual Account save and except any and all amounts thereof
attributable to Choice Allocation Contributions and any portion of his Employer Matching Contribution Account with respect to which he is unable to direct investment pursuant to Section 8.2. A Participant who attained age seventy and one-half
(70 1/2) prior to January 1, 1999, may request a withdrawal of any or all of his Individual Account. Payment
of such amount may be in any form provided for pursuant to Section 6.5 (Distribution of Benefits). 
 7.4 Loans.
Subject to the limitations set forth in Section 7.1 (Withdrawals and Loans, Generally), loans shall be made available on a reasonable and consistent basis to Participants who are Employees or are employed by a Controlled Group Member. The
application and the resulting loan must comply with the procedures then established by the Plan Administrator and meet the terms and conditions specified in the following provisions: 
  

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 (a) Each application for a loan must include a Qualified Consent submitted to the Plan
Administrator within ninety (90) days before the date the loan is secured by any or all of the balance credited to Participant’s Individual Account. Effective for loan applications made on or after May 31, 2002, a Qualified Consent
shall no longer be required except to the extent the loan is from a Participant’s Individual Account that contains funds described in the last sentence of Section 6.5(b). 
 (b) No more than two (2) loans may be granted in any Plan Year. 
 (c) No loan shall be granted for less than five hundred dollars ($500). 
 (d) The maximum amount of a loan, when added to the outstanding balance of all other loans made to the Participant from a Qualified Plan
sponsored by the Employer, shall not exceed the lesser of (i) fifty thousand dollars ($50,000) reduced by (A) the excess of the highest outstanding loan balance during the twelve-consecutive month period prior to the day before the new
loan is made, over the outstanding balance of loans from the Plan on the date on which such loan was made and (B) effective for Plan Years beginning on or after January 1, 2002, the outstanding loan balance of any defaulted loan, plus the
accrued interest on such defaulted loan, or (ii) fifty percent (50%) of the vested balance of such Participant’s Individual Account. Effective January 1, 2000 through October 6, 2001, for purposes of the 50% limit in item
(ii) of the immediately preceding sentence, the vested balance of the Participant’s Individual Account shall not include the vested balance in the Participant’s Choice Allocation Account. 
 (e) No loans shall be made from any portion of the Participant’s Choice Allocation Account. 
 (f) Subject to (e) above, loan proceeds shall be proportionately obtained from each Investment Fund in which the Participant has a
balance on the day proceeds are paid. 
 (g) Any loan made pursuant to this Section must be repaid in substantially equal
payments made not less frequently than quarterly over a period not to exceed five (5) years. 
 (h) Interest on any loan
hereunder shall be based on a reasonable rate of interest to be determined by the Plan Administrator at the time the loan is made, which amount shall not exceed the maximum rate allowable under applicable state law. 
 (i) Any such loan shall be evidenced by a promissory note and such note shall be held by the Trustee as an asset of the Trust allocated
specifically to the Individual Account of the Participant to whom the loan is granted. Any loan shall be collateralized with the Participant’s Individual Account to the extent the balance of such Account equals the outstanding balance on the
loan. 
  

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 (j) The method of timing for repayment of any loan hereunder shall be determined at the
time any such loan is made. Repayment of any loan shall normally be by payroll deduction. In the event a Participant terminates his employment with all Employers prior to the time the loan is repaid in full, the balance of such loan shall be
accelerated and become immediately due and payable, unless such Participant elects a Direct Rollover pursuant to Section 6.5(f) to an eligible retirement plan which will except a rollover of an outstanding loan. Notwithstanding the foregoing,
those former participants in the ATK Plan whose outstanding loans were transferred to this Plan as part of the merger of the ATK Plan into this Plan shall be permitted to repay such loans by check made payable to the Plan, but such loans shall
otherwise be subject to the remaining provisions of this Section 7.4. In addition, a Participant whose employment is transferred to a Controlled Group Member that is not an Employer or a Participant who is employed by a Controlled Group Member
that has discontinued its participation in the Plan can continue to repay any outstanding loans under this Section 7.4 by a personal check made payable to the Plan or, alternatively, the Controlled Group Member employing the Participant can
withhold the loan repayments from the Participant’s paychecks and send them to the Plan, provided that in either case such loan repayments must satisfy the other requirements of this Section 7.4 
 (k) For purposes of this Section, Participants who take a leave of absence that is not covered by Article 14 before their loan is paid in
full must continue to elect to repay the loan in accordance with the terms of the governing promissory note in any manner or method deemed acceptable by the Plan Administrator. 
 (l) The Plan administrator shall establish a cure period of at least 90 days but, effective for Plan Years beginning on or after
January 1, 2002, no longer than the end of the calendar quarter following the calendar quarter in which a Participant fails to make any scheduled repayment on an outstanding loan, during which such a Participant may cure the failure by making
all missed payments and thereby avoid the default of the loan. Upon the default of a loan, the loan balance, unless foreclosed, is deemed to be distributed to the Participant although such defaulted loan shall remain outstanding and continues to
accrue interest pursuant to the provisions of Treasury regulation Section 1.72(p)-1, and the Participant shall be permitted to repay such outstanding loan and accrued interest with after-tax dollars paid by the Participant to the Trustee for
deposit in the Participant’s Individual Account, and the Plan Administrator shall account for such funds separately. 
 (m) All repayments by a Participant representing principal shall be credited against the outstanding balance of the loan. All repayments representing interest shall be considered as investment income of the Trust applicable to the
Participant 
 (n) All repayments shall be credited to Investment Funds in the same proportion as such Participant’s
contributions are allocated pursuant to the Participant’s directions. 
  

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 (o) In granting or refusing any request for a loan hereunder, the Plan Administrator
shall apply uniform standards consistently and indiscriminately. 
 (p) Not more than four (4) loans may be outstanding
in accordance with this Section during any Plan Year. Effective for Plan Years beginning on or after January 1, 2002, a defaulted loan is considered to be outstanding for purposes of this Section 7.4(p). 
 (q) The Plan Administrator shall charge each Participant who takes a loan pursuant to this Section a fee in such reasonable amount as then
determined by the Plan Administrator and communicated to Participants. 
 (r) In the event that a loan is transferred to the
Plan, as the result of either a plan to plan transfer or an eligible rollover distribution, then the Plan Administrator shall make any adjustments to the terms of the loan necessitated by the transfer or rollover of the loan and shall require that
the Participant execute a new loan agreement substituting the Plan as payee under the loan and making such other changes as necessary to effect the transfer or rollover of the loan. In the event a Participant refuses to execute a loan agreement
substituting the Plan as payee, the loan shall be deemed to be in default. 
 (s) Notwithstanding anything herein to the
contrary, a Participant whose employment is transferred to a Controlled Group Member that is not an Employer or a Participant who is employed by a Controlled Group Member that has discontinued its participation in the Plan shall remain eligible for
loans under this Section 7.4 
 7.5 Discretionary Withdrawal. Any Participant whose Individual Account is comprised of a QDRO
Account or a Prior Employer Voluntary Contribution Account may, at any time and in accordance with the policies and procedures then established by the Plan Administrator, request a distribution of all, or a portion of the amounts credited to such
QDRO Account and Prior Employer Voluntary Account. The Trustee shall distribute such amounts as of the Valuation Date on or first occurring after receiving the distribution authorization from the Plan Administrator. 
 ARTICLE 8 
 FUNDING

 8.1 Trustee. The Company will enter into a Trust Agreement with the Trustee whereunder the Trustee will receive, invest and
administer as a trust fund all contributions made to the Plan in accordance with such Trust Agreement. Such Trust Agreement is incorporated by reference as a part of the Plan, and the rights of all persons hereunder are subject to the terms of the
Trust Agreement. The Trust Agreement specifically provides, among other things, for the investment and reinvestment of the Trust and the income thereof, the management of the Trust, the responsibilities and immunities of the Trustee, removal of the
Trustee and appointment of a successor, accounting by the Trustee and the disbursement of the Trust. The Trustee shall establish and maintain such Investment Funds as are selected by the Investment Committee in accordance with Section 9.9
(Duties and Authorities of the Investment Committee). 
  

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 8.2 Direction of Investments. 
 (a) Subject to the restrictions on investment provided in Section 8.2(b), this Plan intends to comply with ERISA Section 404(c)
and provides each Participant with the right to direct the investment of the entire amount allocated to his Individual Accounts into or among any available Investment Funds. Investment Fund elections and changes in the allocation of contributions
shall be made in accordance with the policies and procedures then established by the Plan Administrator, in accordance with ERISA Section 404(c), and communicated to Participants. The Plan Administrator shall, as soon as practicable, forward
appropriate investment directions received from a Participant to the Trustee for execution, and the Trustee shall carry out such directions as expeditiously as practicable. In the absence of a notification by a Participant to the Plan Administrator
concerning the direction of contributions, the Plan Administrator shall assume the Participant elected that the total amount of contributions being allocated to such Participant’s Individual Account be invested in accordance with investment
procedures of the Investment Committee established pursuant to Section 9.9 (Duties and Authorities of the Investment Committee). 
 (b) Notwithstanding anything herein to the contrary, all Employer Matching Contributions shall be allocated to the EDS Stock Fund. A Participant shall not be able to direct the investment of Employer Matching
Contributions until the second anniversary of the date as of which such Employer Matching Contributions were allocated. Effective July 1, 1998, such restriction shall be lifted with respect to a Participant who receives or is entitled to
receive a distribution of his Employer Matching Contribution Account in accordance with Article 6. 
 Notwithstanding anything herein or in a
prior Plan document to the contrary, the provisions of this Section 8.2(b) shall not apply to any Participant during the period July 1, 1998 through October 2, 2000. In addition, effective May 1, 2002, the provisions of this
Section 8.2(b) shall not apply to any dividends that are allocated on a Participant’s behalf to the EDS Stock Fund even if such dividends are received on account of the Participant’s Employer Matching Contributions that are subject to
the investment restrictions of this Section 8.2(b) 
 (c) The EDS Stock Fund shall be an Investment Fund up to one
hundred (100%) percent of the assets of which may be invested in Employer Stock, unless the Trustee or the independent fiduciary, if appointed and then acting, determines that the acquisition or holding of Employer Stock would possibly result
in the imposition of an excise tax under the Code or result in a violation of ERISA Sections 406 or 407. If such a determination is made or the Trustee or independent fiduciary, if appointed and then acting, determines that a sale of any or all of
the Employer Stock is in the best interest of the Participants, the Trustee or such independent fiduciary may sell any or all of the 
  

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 Employer Stock in the Trust. In no event shall the Board, the Company, an Employer, the Investment
Committee, the Benefits Administration Committee or any other person or committee have the authority to direct the Trustee or independent fiduciary not to invest assets in the Employer Stock Fund in Employer Stock. Effective May 31, 2002, the
EDS Stock Fund shall constitute an “employee stock ownership plan” within the meaning of Code Section 4975(e)(7) and notwithstanding anything in this Plan to the contrary, the EDS Stock Fund shall comply with the provisions of Article
15. 
 (d) Notwithstanding anything herein or in Section 8.3 to the contrary, amounts transferred from the ATK Plan and
the UGS Plan to this Plan in connection with the mergers of the ATK Plan and the UGS Plan into this Plan effective January 1, 2003 shall be held by the Trustee and invested in the Investment Funds pursuant to the directions of the Investment
Committee. In connection with such transfers, commencing on January 1, 2003 and continuing through January 13, 2003 (or such later date as the Plan Administrator determines is necessary), the ATK Plan Participants and UGS Plan Participants
will not be able to direct the investment of such transferred amounts. Starting on January 14, 2003 (or such later date as the Plan Administrator determines is necessary), such transferred amounts shall be subject to each ATK Plan
Participant’s and UGS Plan Participant’s investment directions under the provisions of this Article 8. 
 In
addition, unless an ATK Plan Participant makes an investment election under this Section 8.2, the investment election that was in effect immediately prior to the merger of the ATK Plan into this Plan for the investment of such
participant’s 401(k) elective contributions under the ATK Plan shall, in the manner determined by the Investment Committee, apply for purposes of investing among this Plan’s Investment Funds all contributions that are made for such ATK
Plan Participant under this Plan, subject to the restriction in Section 8.2(b) in the event that ATK Plan Participants are ever eligible for Employer Matching Contributions. In the absence of an investment election under this Section 8.2
or under the ATK Plan for 401(k) elective contributions, the ATK Plan Participant’s contributions under this Plan shall be invested in accordance with the Plan’s default investment procedures. 
 8.3 Change in Direction. Any Participant shall change investment option elections concerning the investment of either existing Individual Account
balances or future contributions into Investment Funds as follows: 
 (a) Future Contribution. Each Participant shall
have the right to request the Plan Administrator to change his investment option election concerning the Investment Fund in which his future Elective Contributions or Rollover Contributions are to be invested in accordance with Section 8.2
(Direction of Investments). Such changes in investment options shall be made, and shall be effective, in accordance with the then governing policies and provisions established by the Plan Administrator and communicated to the Participants who are
Employees. 
  

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 (b) Individual Account Balances. Each Participant shall have the right to request
the Plan Administrator to liquidate some or all of the balance in his Individual Account and reinvest such amounts in accordance with a different investment mix as directed by the Participant and in accordance with Section 8.2 (Direction of
Investments). Such changes shall be made, and shall be effective, in accordance with the then governing policies and procedures established by the Plan Administrator and communicated to the Participants. 
 (c) Notwithstanding anything herein or in Section 8.2 to the contrary, a Section 16 Participant who desires to transfer any
portion of his existing Individual Account balance to or from the EDS Stock Fund or to increase or decrease the portion of future contributions to be invested in the EDS Stock Fund must (i) wait at least six months after the last opposite way
discretionary transaction under this Plan or any other Company plan before making such transfer or contribution change and (ii) in the case of an election to transfer funds to the EDS Stock Fund or to increase the portion of contributions to be
invested in the EDS Stock Fund, also wait at least six months after any previous voluntary election under this Plan to dispose of units in the EDS Stock Fund or to dispose of shares or interests in Employer Stock under any other Company plan for the
purpose of funding an in-service cash distribution or a loan under this Plan or any other Company plan, before making such transfer or contribution change. In addition, a Section 16 Participant must satisfy the requirements of the EDS
Pre-clearance/Compliance Assistance Program before making a transfer or contribution change described in the immediately preceding sentence. Notwithstanding the foregoing, the restrictions of this Section 8.3(c) shall not apply to the
disposition of units in the EDS Stock Fund or the disposition of shares or interests in Employer Stock under any other Company plan for the purpose of paying a cash distribution to a Section 16 Participant (or his Beneficiary) in accordance
with the requirements of Code Section 401(a)(9) or incident to the Section 16 Participant’s death, disability, retirement or other termination of Service. For purposes of this Section 8.3(c), a “Section 16 Participant”
means a Participant whose transactions in Employer Stock are subject to Section 16 of the Securities Exchange Act of 1934, as amended, and an “opposite way discretionary transaction” shall be determined in accordance with the
provisions of SEC Rule 16b-3. 
 8.4 Overpayment and Underpayment of Benefits. The Plan Administrator may adopt, in its sole
discretion, whatever rules, procedures and accounting practices are appropriate in providing for the collection of any overpayment of benefits. If a Participant, spouse, Alternate Payee, or other Beneficiary receives an underpayment of benefits, the
Plan Administrator shall direct that immediate payment be made to make up for the underpayment. 
 ARTICLE 9  
 FIDUCIARIES 
 9.1
General. Each Fiduciary who is allocated specific duties or responsibilities under the Plan or Trust Agreement or any Fiduciary who assumes such a position with the Plan shall 
  

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 discharge his duties solely in the interest of the Participants and their Beneficiaries and for the exclusive purpose of
providing such benefits as stipulated herein to such Participants and their Beneficiaries, and defraying expenses, costs or fees of administering the Plan. Each Fiduciary in carrying out such duties and responsibilities shall act with the care,
skill, prudence, and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar with such matters would use in exercising such authority or duties. 
 9.2 Appointment of the Benefits Administration Committee. The administration of the Plan will be in the charge of the Benefits Administration
Committee consisting of at least three (3) members, each of whom shall be an Employee of the Company and each of whom shall be appointed by the Compensation and Benefits Committee or its designee. The Benefits Administration Committee is the
named Plan Administrator hereunder. Each member of the Benefits Administration Committee shall serve until such member’s successor shall be appointed. A member may serve for more than one (1) term. The Compensation and Benefits Committee,
or its designee, shall appoint one (1) of the Benefits Administration Committee members as Chairperson, may remove a member of the Benefits Administration Committee with or without cause, and may appoint a secretary or such other officers as it
deems necessary and appropriate, and may fill vacancies in the Benefits Administration Committee, however caused. A member of the Benefits Administration Committee may resign by delivery of such member’s written resignation to the Compensation
and Benefits Committee or its designee and other members of the Benefits Administration Committee and such resignation shall be effective at the earlier of its acceptance by the Benefits Administration Committee or upon the appointment of a
successor. 
 9.3 Appointment of the Investment Committee. The Compensation and Benefits Committee, or its designee, shall appoint an
Investment Committee consisting of at least three (3) members, each of whom shall be an Employee of the Company. Each member of the Investment Committee shall serve until such member’s successor shall be appointed. A member may serve for
more than one (1) term. The Compensation and Benefits Committee, or its designee, shall appoint one (1) of the Investment Committee members as Chairman, may remove a member of the Investment Committee with or without cause, may appoint a
secretary or such other officers as it deems necessary and appropriate, and may fill vacancies in the Investment Committee, however caused. A member of the Investment Committee may resign by delivery of such member’s written resignation to the
Compensation and Benefits Committee or its designee and other members of the Investment Committee, and such resignation shall be effective at the earlier of its acceptance by the Investment Committee or upon the appointment of a successor.

 9.4 Compensation and Expenses, Costs and Fees. The members of the Investment and Benefits Administration Committees shall serve
without compensation for their services, but their reasonable and necessary expenses, costs or fees may be paid by the Trustee, to the extent that they are not paid by an Employer. When, in its discretion, the Benefits Administration Committee, the
Investment Committee or any Employer deems it advisable, the records of the Benefits Administration Committee, the Investment Committee and the Trustee shall be audited by an independent auditor, and reasonable and necessary expenses, costs or fees
thereby incurred shall be paid as provided in Section 16.2 (Administration Expenses) hereof. 
  

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 9.5 Secretary and Administrative Personnel of the Committees. The Benefits Administration and
Investment Committees may appoint a Secretary who may, but need not, be a member of such Committees, and such Committees may employ agents and such professional, clerical and other administrative personnel as may reasonably be required for the
purpose of fulfilling such Committees’ duties hereunder. Such agents and administrative personnel shall carry out the duties and responsibilities assigned to them by the appropriate Committee, as applicable. Expenses, costs or fees necessarily
incurred for such purpose shall be paid as provided in Section 16.2 (Administration Expenses, Costs and Fees) hereof. 
 9.6 Duties
and Authority of Administrative Personnel. Administrative personnel appointed pursuant to Section 9.5 (Secretary and Administrative Personnel of the Committees) hereof shall be responsible for such matters as the Benefits Administration
Committee or the Investment Committee, as applicable, shall delegate to them including, but not limited to, communication to Employees at the direction of the Benefits Administration Committee, reports to the Benefits Administration Committee
involving questions of eligibility or earnings, assisting Participants and Beneficiaries in the completion of forms prescribed by the Benefits Administration Committee, and maintenance of records concerning former Participants and Beneficiaries. No
administrative personnel may make any decision as to Plan policy, interpretations, practices or procedures unless the authority to make such decision has been delegated to them in writing by the Benefits Administration Committee or the Investment
Committee, as applicable, and they accept their fiduciary responsibilities in accordance with the provisions of this Section. All administrative personnel shall, except as provided in the next preceding sentence, perform their allocated function
within the policies, interpretations, rules, practices and procedures established by the Benefits Administration Committee or the Investment Committee, as applicable. Administrative personnel shall coordinate matters related to the Plan with the
appropriate department of each Employer as the Benefits Administration Committee or the Investment Committee, as applicable, directs. 
 9.7
Action by the Benefits Administration Committee or Investment Committee: 
 (a) A majority of the members of the
Benefits Administration Committee or Investment Committee shall constitute a quorum for the transaction of business, and shall have full power to act hereunder. Action by the Benefits Administration Committee or Investment Committee shall be
official if approved by a vote of a majority of the members present at any official meeting. Except as otherwise required by an applicable plan or the law, the Benefits Administration Committee or Investment Committee may, without a meeting,
authorize or approve any action by written resolution or instrument signed by a majority of all of the members or approved electronically by a majority of all of the members or any combination of signatures and electronic approval by a majority of
all of the members. Any written resolution or instrument signed, approved electronically or any combination of signatures and electronic approvals by the majority of all members of the Benefits Administration Committee or Investment Committee shall
have the same force and effect as a formal resolution adopted in open meeting. Any written memorandum or other writing signed or approved electronically by a member of the Benefits Administration Committee or Investment Committee or such other
person duly authorized to act with respect to the subject matter of the writing shall have full force and effect as if it were a formal resolution signed by a majority of the committee members. 
  

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 (b) A member of the Benefits Administration Committee or Investment Committee may not
vote or decide upon any matter relating solely to such member or vote in any case in which such member’s individual right or claim to any benefit under the Plan is particularly involved. If in any case in which a committee member is so
disqualified to act, the remaining members then present cannot, by majority vote, act or decide, the Benefits Administration Committee or Investment Committee will request that the Compensation and Benefits Committee appoint a temporary substitute
member to exercise all the powers of the disqualified member concerning the matter in which such member is disqualified. 
 (c) The Benefits Administration Committee or Investment Committee shall maintain minutes of its meetings and written records of its actions. Members may participate and hold a meeting of the Benefits Administration Committee or Investment
Committee by means of conference telephone or similar communications equipment by means of which a persons participating in the meeting can hear each other. Participation in such a meeting constitutes presence in person at such meetings. 

(d) The Benefits Administration Committee or Investment Committee shall meet as scheduled by the Secretary but not less frequently than
once annually. 
 (e) The Benefits Administration Committee or Investment Committee may, in their discretion, invite
independent consultants, advisors, their agents, members of management, or other persons as the Benefits Administration Committee or Investment Committee, shall deem necessary or appropriate. 
 (f) The chairperson of the Benefits Administration Committee or Investment Committee will periodically report the committee’s
findings and conclusions to the Compensation and Benefits Committee. 
 (g) Members of the Benefits Administration Committee
or the Investment Committee shall continue to serve in such capacity until such time as such member’s successor is appointed and qualified by the Compensation and Benefits Committee or its designee. 
 9.8 Duties and Authorities of the Benefits Administration Committee. The Benefits Administration Committee is authorized to take such action as
may be necessary to carry out the provisions and purposes of the Plan and shall have the authority to control and manage the operation and administration of the Plan. In order to effectuate the purposes of the Plan, the Benefits Administration
Committee shall have the power to construe and interpret the Plan, to supply any omissions therein to reconcile and correct any errors or inconsistencies, to decide any questions in the administration and application of the Plan, and to make
equitable adjustments for any mistakes or errors made in the administration of the Plan, and all such actions or 
  

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 determinations made by the Benefits Administration Committee, and the application of rules and regulations to a
particular case or issue by the Benefits Administration Committee, in good faith, shall be final, binding and conclusive on all persons ever interested hereunder, subject, however, to review by the Compensation and Benefits Committee. The Benefits
Administration Committee shall exercise such authority and responsibility as it deems appropriate to comply with the provisions of federal law and governmental regulations issued thereunder and to carry out any other duties delegated to the Benefits
Administration Committee in writing by the Compensation and Benefits Committee . The Benefits Administration Committee shall establish a written procedure to determine the qualified status of any domestic relations orders submitted to it for review
and qualification as a Qualified Domestic Relations Order pursuant to Code Section 414(p) and ERISA Section 206. To comply with every order so determined to be Qualified Domestic Relations Order, the Benefits Administration Committee shall
establish and maintain records reflecting the interest or interests of any person or persons for whose benefit amounts are held hereunder pursuant to a Qualified Domestic Relations Order. The Benefits Administration Committee shall be the designated
agent for service of legal process. 
 9.9 Duties and Authorities of the Investment Committee. The Investment Committee shall
establish a formal, written investment and funding policy and shall have the discretionary authority to manage, directly or indirectly, all investment of Plan assets other than assets that are invested in the EDS Stock Fund. In establishing the
investment and funding policy, the Investment Committee shall, except as provided in the immediately following sentence, select the investment alternatives (the “Investment Funds”) offered under the Plan and shall establish investment
procedures for the investment of amounts with respect to which no investment direction is received pursuant to Section 8.2 (Direction of Investments). Notwithstanding anything hereinto to the contrary, the EDS Stock Fund shall be an Investment
Fund offered under the Plan and shall not be subject to the Investment Committee’s selection authority set forth in the immediately preceding sentence. The selection of the Investment Funds shall be made in accordance with ERISA
Section 404(c) and with the intent that the Plan operate as a section 404(c) plan. In addition, it is intended that the EDS Stock Fund satisfy the requirements of ERISA Section 404(c). The Investment Committee shall have the authority to
appoint an Investment Manager or Managers to manage, acquire and to dispose of any or all assets of the Plan. Further, the Investment Committee shall have the authority to appoint one or more Account Managers to oversee and direct the Trustee as to
the investment of assets of the Plan not managed by Investment Managers. The Investment Committee shall appoint the Trustee in accordance with the provisions hereof. The Investment Committee shall identify appropriate investment objectives (other
than investment objectives relating to the EDS Stock Fund), and shall, subject to the right of each Participant to direct the investment of amounts allocated to his Individual Account, as implemented by the Plan Administrator, determine the proper
apportionment of Plan assets among the various investment vehicles (other than the EDS Stock Fund), and include said items in the investment policy of the Plan. The Investment Committee shall monitor and compare to others, or cause to be monitored
and compared to others, the investments (other than the EDS Stock Fund) and investment performance of the Trustee, Investment Managers, and Account Managers, and shall make such reports and give such recommendations to the Compensation and Benefits
Committee as it may request from time to time with respect thereto. 
  

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 9.10 Claims Procedure and Other Rules and Regulations of the Benefits Administration Committee.
The Benefits Administration Committee shall establish a Benefits Administration Claims and Appeals Committee which shall consist of those members designated from time to time by the Benefits Administration Committee Chairperson and shall be
delegated with the duties, responsibilities and authority to make, and from time to time revise, rules and regulations for the administration of the Plan, including the authority to establish, maintain, and communicate to the Employees a reasonable
claims procedure, in accordance with law. Such claims procedure shall provide the manner in which written claims for benefits shall be made, written notice of disposition of a claim shall be made, and written application for appeal of the denial of
a claim shall be made. Failure of a Participant to file a claim will not result in a forfeiture of any interest in the Participant’s Individual Account. 
 9.11 Named Fiduciaries and Allocation of Responsibility. ERISA requires that certain persons, who are deemed to be “fiduciaries”, as defined in ERISA Section 3(21)(A), be designated as
“Named Fiduciaries” in the Plan. The Board, the Company, the Employer, the Trustee, the Investment Committee, and the Benefits Administration Committee are hereby designated Named Fiduciaries. A Participant shall be a Named Fiduciary to
the extent such Participant directs the investment of any portion of his Individual Account and as otherwise provided in the Plan and as set forth in, and limited by, the Trust Agreement. Each Named Fiduciary shall have only the powers, duties and
responsibilities specifically allocated to such Fiduciary pursuant to the terms of this Plan. The Board and the Compensation and Benefits Committee shall not have any power or fiduciary responsibility hereunder other than the power to name the
persons who shall comprise the Investment Committee and the Benefits Administration Committee and continuing the allocation of fiduciary responsibilities to those persons. Each Named Fiduciary may, by written instrument, allocate some or all of such
Named Fiduciary’s responsibilities to another fiduciary or designate another person to carry, out some or all of such Named Fiduciary’s fiduciary responsibilities. No Named Fiduciary shall be liable for an act or omission of any person who
is allocated a fiduciary responsibility or who is designated to carry out such responsibility in carrying out a fiduciary responsibility except to the extent that the Named Fiduciary did not act in accordance with the standard contained in
subsection 9.12(b) (Action by Fiduciaries) hereof with respect to the allocation, designation or continuation thereof, or implementation or establishment of the allocation or designation procedures. Any person or group of persons may serve in more
than one fiduciary capacity with respect to the Plan. 
 9.12 Action by Fiduciaries. 
 (a) Any action herein permitted or required to be taken by an Employer shall be by resolution of its board of directors or by written
instrument signed by a person or group of persons who has been authorized by resolution of such board of directors as having authority to take such action. Any action herein permitted or required to be taken by the Investment Committee or Benefits
Administration Committee shall be in the manner specified in Section 9.7 (Action by the Benefits Administration Committee or Investment Committee) hereof. 
 (b) Each Fiduciary with respect to the Plan shall perform all of such Fiduciary’s duties and responsibilities and exercise such
Fiduciary’s power hereunder 
  

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 with the due care, skill, prudence, and diligence under the circumstances then prevailing that a prudent
man acting in like capacity and fully familiar with such matters would use in the conduct of an enterprise of a like character and with like aims, and no Fiduciary shall be liable for any act or failure to act on such Fiduciary’s part which
conforms to that standard, unless such Fiduciary knowingly participates in or knowingly undertakes to conceal an act or omission of another Fiduciary, with the knowledge that such act or omission is a breach of fiduciary responsibility, or knowing
of a breach of fiduciary responsibility, such Fiduciary fails to make reasonable efforts under the circumstances to remedy the breach, or failing to carry out such Fiduciary’s specific responsibilities, in accordance with such standard, such
Fiduciary has enabled another Fiduciary to commit a breach. 
 (c) Each Fiduciary shall furnish or cause to be furnished to
each other Fiduciary all information needed for the proper performance of such Fiduciary’s duties. Each Fiduciary warrants that any directions given, information furnished or action taken by such Fiduciary shall be in accordance with the
provisions of the Plan or the Trust Agreement, as the case may be, authorizing or providing for such direction, information or action. 
 (d) Although the Investment Committee shall have an overall responsibility to diversify the investments of the Plan so as to minimize the risk of large losses, unless under the circumstances it is clearly prudent not
to do so, the diversification requirement and the prudence requirement, to the extent that it requires diversification, shall not be violated by the acquisition or holding of qualifying Employer securities or qualifying Employer real property as
defined in ERISA Section 406(d). 
 9.13 Employment of Advisers. A Named Fiduciary may appoint such accountants, counsel, and any
other advisers as such Named Fiduciary deems necessary or desirable in connection with the administration and operation of the Plan. A Named Fiduciary shall be entitled to rely, in accordance with the standard contained in subsection 9.12(b) (Action
by Fiduciaries) hereof upon, and shall not be liable for any act or failure to act on such Named Fiduciary’s part in such reliance or in reliance, in accordance with such standard, on any opinion or reports, which shall be furnished to such
Named Fiduciary by any such accountant with respect to accounting matters, counsel with respect to legal matters, or investment advisers with respect to investment matters. 
 9.14 Bond. It shall be the responsibility of the Plan Administrator to obtain the appropriate Fiduciary bonds as required by federal law or
regulation. Except as required by the Company or by state or federal statute, irrespective of this provision, no bond or other security shall be required of any Fiduciary. 
 9.15 Indemnity. The Company shall indemnify each member of the Board, the Investment Committee, and the Benefits Administration Committee, each
Account Manager and each individual who is an employee of the Company and who is allocated fiduciary responsibility hereunder, against any and all claims, loss, damages, expenses, including counsel fees to the extent approved by the Board or
otherwise provided by law, and liability, including 
  

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 any amounts paid in settlement, with the approval of such Board, arising from any action or failure to act, except when
the same is judicially determined to be due to the fraud, recklessness, or willful or intentional misconduct of such member. 
 9.16
Missing Persons. The Plan Administrator shall make a reasonable effort to locate all persons entitled to benefits under the Plan. The Trustee shall send a certified letter to all such persons at their last known addresses advising them of
their interest or benefits under the Plan. Any such amounts shall be held by the Trustee for a period of at least one (1) additional year for a total of at least two (2) years from the time the benefits first become payable. If a
distributee cannot be found, then any unclaimed benefits of such distributee shall constitute a Forfeiture and may be used to defray administrative and operational expenses, costs or fees of the Plan. Should any person otherwise entitled to a
benefit which was subject to this section make a claim for such forfeited benefit which is approved by the Plan Administrator, such benefit shall be reinstated in such manner as the Plan Administrator determines to be equitable and in accordance
with law. 
 9.17 Voting Employer Stock. In the event Employer Stock allocated to a Participant’s Individual Account is a
security which is required to be registered under Section 12 of the Securities Exchange Act of 1934 or one that would be required to be registered except for an exemption from registration provided by Section 12(g)(2)(H) of said 1934 Act,
then each Participant shall be permitted to direct the voting of the Employer Stock allocated to his Individual Account. Each Participant who has Employer Stock allocated to his Individual Account is hereby designated a Named Fiduciary for the
purpose of exercising the rights and responsibilities relating to Employer Stock under this Section 9.17. 
 (a) In the
event the Employer Stock does not meet the requirements of the above paragraph, Participants shall nonetheless direct the voting of such allocated Employer Stock if, after acquiring such Employer Stock, more than ten percent (10%) of the total
assets of the Plan are in Employer Stock. However, the pass through of voting on such non-registration type securities shall be limited to voting only on those issues which, by law or charter, must be decided by more than a majority vote of
outstanding common shares voted. 
 (b) Any shares of Employer Stock in which the Participant does not have the right to
direct the voting or for which the Participant does not direct the voting shall, to the extent not inconsistent with its fiduciary obligations under ERISA, be voted by the Trustee or an independent fiduciary in the same manner and proportion as the
shares of Employer Stock with respect to which voting directions on the particular matter that is the subject of the vote have been timely received by the Trustee or an independent fiduciary from other Participants. 
 (c) The Plan Administrator shall furnish to each Participant who has all or any portion of his Individual Account invested in the EDS
Stock Fund notice of the date and purpose of each meeting of the stockholders of the Company at which such Participant is entitled, in accordance with the provisions of this Section, to vote Employer Stock allocated to his Individual Account. The
Trustee or independent fiduciary, as applicable, 
  

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 shall request from each such Participant instructions as to the voting at that meeting of applicable
Employer Stock credited to the Participant’s Individual Account. Following notice to the Trustee or independent fiduciary affected, the Plan Administrator may require that the voting instructions be returned from the Participants directly to
the Trustee, independent fiduciary or an agent of either party. If the Participant furnishes such instructions to the appropriate party, as provided above, within the time specified in the notification, the Trustee shall vote such Employer Stock in
accordance with the Participant’s instructions, as provided to the Trustee directly or by the independent fiduciary or agent. 
 (d) The Plan Administrator shall furnish to each Participant who has applicable Employer Stock credited to his Individual Account notice of any tender offer for, or a request or invitation for tenders of Employer Stock made to the Trustee
with respect to which the Participant is entitled, in accordance with the provisions of this Section, to vote such applicable Employer Stock, or any other matter requiring action of the shareholders of the Company with respect to which the
Participant is entitled, in accordance with the provisions of this Section, to vote Employer Stock. 
 (e) The Plan
Administrator shall request from each such Participant instructions as to the tendering of applicable Employer Stock credited to the Participant’s Individual Account, and for this purpose the Plan Administrator shall provide Participants with a
reasonable period of time in which to consider any such tender offer for, or request or invitation for tenders of, applicable Employer Stock made to the Trustee, or any other matter requiring action of the shareholders of the Company. The Trustee
shall tender such Employer Stock as to which Trustee has received instructions to tender from Participants within the time required by the terms of any such offer. 
 (f) Employer Stock credited to the Individual Accounts of Participants with respect to which the Trustee has not received instructions
shall not be tendered. Any shares of Employer Stock held in the EDS Stock Fund which have not been allocated to a Participant’s Individual Account shall, to the extent not inconsistent with its fiduciary obligations under ERISA, be tendered by
the Trustee or an independent fiduciary in the same proportion as the shares of Employer Stock which are allocated to the Participants’ Individual Accounts are being tendered. 
 (g) The Plan Administrator shall provide the Trustee with written information regarding proxy voting, tender offers and any other
applicable corporate action, and in carrying out its responsibilities under this provision, the Trustee may conclusively rely upon information furnished to it in writing by the Plan Administrator, including, but not limited to, the names and current
addresses of Participants, the number of shares of Employer Stock credited to the Individual Accounts of Participants. Applicable Employer Stock shall be that Employer Stock entitled to vote at a particular meeting of the stockholders of the Company
or with respect to which a request or invitation to tender or notice of any other matter requiring action of the shareholders of the Company, as applicable, has been received. 
  

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 (h) Notwithstanding any of the foregoing provisions of this Section, no provision hereof
shall prevent the Trustee from taking any action relating to its duties and authority under this Section, if the Trustee determines in its sole discretion that such action is necessary in order for the Trustee to fulfill its fiduciary
responsibilities hereunder. 
 ARTICLE 10 
 AMENDMENT AND TERMINATION  
 10.1 Amendment of Plan. The Company shall have the right
at any time by action of the Board to modify, alter or amend the Plan in whole or in part, provided, however, that the duties, power and liability of the Trustee hereunder shall not be increased without its written consent; and provided, further,
that the amount which at the time of any such modification, alteration or amendment shall appear as a credit in the Individual Account of any Participant in the Plan, shall not be adversely affected thereby, and provided, further, that no such
amendment shall have the effect of revesting in the Employer any part of the principal or income of the Trust. 
 10.2 Termination of
Plan. The Company expects to continue the Plan indefinitely, but continuance is not assumed as a contractual obligation. The Company and each Employer reserves the right at any time by action of its board of directors to terminate the Plan as
applicable to itself. 
 (a) If an Employer terminates or partially terminates the Plan or discontinues its Contributions at
any time, each Participant affected thereby shall then be vested in the balance in his Individual Account. 
 (b) In the event
of termination of the Plan by an Employer, the Plan Administrator shall value the Trust as of the date of termination. That portion of the Trust applicable to any Employer for which the Plan has not been terminated shall be unaffected. The
Individual Accounts affected by the termination, as determined by the Plan Administrator, shall continue to be administered as a part of the Trust or distributed to such Participants, Beneficiaries or Alternate Payees, pursuant to Section 6.5
(Distribution of Benefits). 
 ARTICLE 11 
 PROVISIONS RELATIVE TO EMPLOYERS INCLUDED IN PLAN  
 11.1 Method of Participation. Any
employer, whether foreign or domestic, which is a Controlled Group Member, with the approval of the Compensation and Benefits Committee, or its designee, by the taking of the appropriate action by its board of directors, may become an Employer by
adopting the Plan. The Plan shall be maintained as a single Plan for all Employers. Employers are listed on Appendix E, attached hereto. 
  

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 11.2 Withdrawal. Any Employer may withdraw from the Plan any time by giving six (6) months
advance notice in writing of the resolution of its board of directors to withdraw to the Plan Administrator. A shorter notice period may be allowable if agreed to by the Compensation and Benefits Committee or its designee. The procedure for
withdrawal by an Employer is set forth as follows: 
 (i) Upon receipt of notice of any such withdrawal, the Plan
Administrator shall determine and certify to the Trustee the equitable shares of such withdrawing Employer in the Trust, as applicable. 
 (ii) The Trustee shall thereupon set aside from the Trust then held by it such securities and other property as it shall, in its sole discretion, deem to be equal in value to such equitable share. If the Plan is to be
terminated with respect to such Employer, the amount set aside shall be dealt with in accordance with the provisions of Section 10.2 (Termination of Plan). If the Plan is not to be terminated with respect to such Employer, the Trustee shall
turn over such amount to such trustee as may be designated by such withdrawing Employer, and such securities and other property shall thereafter be held and invested as a separate trust of the Employer which has so withdrawn, and shall be used and
applied according to the terms of a new agreement and declaration of trust between the Employer so withdrawing and the trustee so designated. 
 (iii) Neither the segregation of the Trust assets upon the withdrawal of an Employer, nor the execution of a new agreement and declaration of trust pursuant to any of the provisions of this Section shall operate to
permit any part of the corpus or income of the Trust to be used for or diverted to purposes other than for the exclusive benefit of Participants and their Beneficiaries. 
 11.3 Spin-off of Accounts to the A.T. Kearney, Inc. 401(k) and Profit Sharing Retirement Plan and Related Provisions. 
 Effective January 1, 2005, A.T. Kearney, Inc. established the A.T. Kearney, Inc. 401(k) and Profit Sharing Retirement Plan for certain of its employees, and all A.T. Kearney, Inc. employees became ineligible to receive further
contributions under this Plan. Starting on the respective dates set forth in one or more blackout notices sent on behalf of the A.T. Kearney, Inc. Benefits Administration Committee, the Individual Accounts of those Participants who are eligible to
participate in the A.T. Kearney, Inc. 401(k) and Profit Sharing Retirement Plan and those former employees of A.T. Kearney, Inc. who are not employed by an Employer (including the Individual Account of such a Participant that is payable to a
Beneficiary or an alternate payee) shall no longer be available for distribution, withdrawal or loans, as applicable, under this Plan, and shall not be subject to investment directions under this Plan. At such time as directed by the Investment
Committee or its designee, the Trustee shall liquidate all the investments in the Individual Accounts of the Participants described in the immediately preceding sentence (including the Individual Account of such a Participant that is payable to a
Beneficiary or an alternate payee) and shall transfer the entire amount of such liquidation proceeds to the trustee of the A.T. Kearney, Inc. 401(k) and Profit Sharing Retirement Plan provided, however, that (i) any whole and fractional shares
of Employer Stock that are allocated to such a Participant’s 
  

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 Individual Account shall not be liquidated but shall be transferred in-kind to the trustee of the A.T. Kearney, Inc.
401(k) and Profit Sharing Retirement Plan and (ii) any promissory notes associated with such a Participant’s outstanding loans under Section 7.4 shall also be transferred in kind. In the event that a Participant is employed by A.T.
Kearney, Inc. but is not eligible to participate in the A.T. Kearney, Inc. 401(k) and Profit Sharing Retirement Plan, the two immediately preceding sentences shall not apply to such a Participant’s Individual Account, which Individual Account
shall continue to be maintained under and subject to the terms of the Plan on a frozen basis. In the event that a Participant’s employment is transferred from an Employer or Controlled Group Member to A.T. Kearney, Inc. after January 1,
2005, such a Participant’s Individual Account shall also continue to be maintained under and subject to the terms of the Plan on a frozen basis. 
 ARTICLE 12 
 TOP-HEAVY PROVISIONS 
 12.1 Top-Heavy Provisions. Regardless of any contrary Plan provisions, if this Plan, when combined with all other plans, requires aggregation
pursuant to Code Section 416(b) and is deemed to be Top-Heavy as of the last day of any preceding year (the “Determination Date”), then the following conditions shall become operative with respect to such Plan Year and a future Plan
Years. 
 12.2 Minimum Allocations. In the event that the aggregate of all Elective Contributions to all Non-Key Employees allocated
to their individual Account do not exceed three percent (3%) of Compensation then the following rules shall apply. 
 (a)
The Employer shall contribute to the Plan out of current or accumulated profits an amount necessary to provide a minimum contribution of at least three percent (3%) of Compensation to such Non-Key Employees (reduced as permitted by Code
Section 416 or the Treasury Regulations promulgated thereunder), made for such Non-Key Employees and by contributions and forfeitures, if any, allocated to such Non-Key Employees in any other defined contribution plan included with this Plan in
an Aggregation Group. In no event, however, shall the allocation of Elective Contributions to Non-Key Employees be greater than the allocation of Elective Contributions to the Individual Account for any Key Employee. Any special contribution or
reallocation as herein provided shall be made to the Elective Contributions Account on the basis of the ratio that the non-Key Employee’s Compensation bears to the total Compensation of all Non-Key Employees. 
 (b) In the event the Employer shall also maintain a defined benefit plan and such defined benefit plan provides the minimum accrued
benefit determined pursuant to Code Section 416(c)(1), then the adjustment provided in Section 12.2(a) above shall not be required. 
  

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 (c) Effective for Limitation Years beginning prior to January 1, 2000, if
Section 12.2(a) or (b) is applicable, then the multiplier of 1.25 in Sections 5.8(a)(i) and 5.8(b)(ii) (Limitation of Multiple Plan Participants) shall be reduced to 1.0 unless: 
 (i) all plans required to be aggregated and any other plans which may be permissively aggregated pursuant to Code Section 416(g) are
ninety percent (90%) or less Top-Heavy, and 
 (ii) the minimum accrued benefit referenced in Code Section 416(c)(1)
is modified by Code Section 416(h)(2)(A)(ii)(I) or the minimum contribution is increased from three percent (3%) to four percent (4%). 
 (d) With respect to the operation of these Top-Heavy provisions, there shall be no requirement that the entire defined benefit minimum benefit and the defined contribution minimum contribution be provided. To the
extent that there shall be a defined benefit accrued benefit, it shall be controlling. To the extent that there shall be an Employer Contribution to a Defined Contribution Plan, then there shall be a determination as to whether the defined
contribution is comparable to the difference between the defined benefit minimum benefit and the minimum defined benefit accrued benefit required pursuant to Code Section 416. In the event that the defined contribution amount shall not be
comparable, then the difference shall be provided in the Defined Benefit Plan unless the next sentence shall apply. Notwithstanding the above, if there shall be a contribution to the Defined Contribution Plan of at least five percent (5%) of
compensation to Non-Key Employees, it shall be conclusively presumed that the minimum benefit requirements of Top-Heavy Plans have been met. 
 (e) For purposes of determining whether a defined benefit plan is Top-Heavy, calculations shall be based upon actuarial assumptions stipulated in such Plan for this purpose. If no such assumptions are provided, the
calculation shall be based upon the 1984 Unisex Pension Mortality Tables at five percent (5%) interest with such determination being made on the Valuation Date which occurs within the Plan Year. 
 (f) For purposes of determining minimum contributions to a Defined Contribution Plan and minimum accrued benefits to a Defined Benefit
Plan compensation shall have the same meaning as it is used in Code Section 415. 
 (g) Effective for Plan Years
beginning on or after January 1, 2002, the present value of accrued benefits and the aggregate accounts of an Employee as of the Determination Date shall be increased by the distributions made with respect to the Employee under the Plan and any
plan of an Aggregation Group during the 1-year period ending on the Determination Date. The preceding sentence shall also apply to distributions under a terminated plan which, had it not been terminated, would have been included in an Aggregation
Group. In the case of a distribution made for a reason other than separation from service, death, or disability, this provision shall be applied by substituting 5-year period for 1-year period. 
 (h) Effective for Plan Years beginning on or after January 1, 2002, the accrued benefits and aggregate accounts of any individual who
has not performed services for the Employer during the 1-year period ending on the Determination Date shall not be taken into account under this Article 12. 
  

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 ARTICLE 13 
 QUALIFIED DOMESTIC RELATIONS ORDERS  
 13.1 Determination of Qualified Domestic Relations
Orders. The Plan Administrator shall establish a written procedure to determine the qualified status of domestic relations orders and to comply with orders so determined to be Qualified Domestic Relations Orders. 
 13.2 Accounting and Allocations. Upon receipt of a Qualified Domestic Relations Order the Plan Administrator shall establish a separate account
which shall be the QDRO Account. Such account shall be invested in accordance with the investment policy developed by the Investment Committee pursuant to Section 9.9 (Duties and Authorities of the Investment Committee) and shall share in
Adjustments pursuant to Section 5.3 (Allocation of Adjustment) hereof in the same manner as Participant’s Individual Accounts. 
 13.3 Distribution. An Alternate Payee for whose account the QDRO Account is maintained shall be treated as a Beneficiary for all purposes under the Plan and shall have no right to make withdrawals or loans from the Plan.
Notwithstanding any provision of Article 6 (Vesting and Distributions) distribution shall be made in accordance with the terms of the Qualified Domestic Relations Order. 
 ARTICLE 14 
 MILITARY LEAVES OF ABSENCE 
 The provisions of this Article 14 are effective December 12, 1994. 
 14.1 Military Leave of Absence. So long as The Uniformed Services Employment and Reemployment Rights Act of 1994 (“USERRA”) or any similar law shall remain in force, providing for reemployment rights
for all persons in military service, as therein defined, an Employee who leaves the employment of an Employer for military service in the Armed Forces of the United States, as defined in USERRA from time to time in force, shall, for all purposes of
this Plan, be considered as having been in the employment of an Employer, with the time of his or her service in the military credited to his or her Service; provided that upon such Employee being discharged from the military service of the United
States he or she applies for re-employment with an Employer and takes all other necessary action to be entitled to, and to be otherwise eligible for, reemployment rights, as provided by USERRA, or any similar law from time to time in force.

 14.2 Elective Contributions. Any Participant who is reemployed while entitled to veterans’ reemployment rights under USERRA
and who has either (i) suspended his or her contributions during military service, or (ii) made less than the maximum amount of contributions permitted by Section 4.2 during his or her period of military service, shall be permitted to
make the contributions described in Section 4.2 to the Plan with respect to the period of his or her military service during the period which begins on the Participant’s date of reemployment with an Employer and ends upon the earlier of:

  

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 (a) the period equal to three times the Participant’s period of military service;
and 
 (b) five years. 
 The maximum amount of contributions which the Participant can make during this period shall be the maximum amount of contributions that he or she would have been permitted to make to the Plan during the period of military service if the
individual had continued to be employed by an Employer during such period and received Compensation during such period equal to the Compensation the Participant would have received during the period of military service had the Participant worked for
an Employer during such period. If the Compensation the Participant would have received during the period was not reasonably certain, the Participant’s average Compensation from an Employer during the 12 month period immediately preceding the
period of military service shall be deemed to be such Compensation. 
 14.3 Matching Contributions. If the Employer makes a matching
contribution under Section 4.1(b) during a period when a Participant was on military leave of absence and if the Participant later returns to employment and makes the contributions described in Section 4.2 for this period, the Employer
shall make such matching contributions on behalf of the Participant as would have been made had the Participant’s contributions actually been made during the period of his or her military service. 
 14.4 Treatment of Contributions Contributions under this Article 14 will be taken into account for purposes of the limitations of Sections 402(g)
or 415 in the year to which the contributions relate, not the year in which the contributions are made. In addition, such contributions will not cause the Plan to be treated as failing to meet the requirements of Code Sections 401(a)(4), 401(k)(3),
401(m), 410(b) or 416. 
 Notwithstanding any provision of this Plan to the contrary, contributions, benefits and service credit with respect
to qualified military service will be provided in accordance with Code Section 414(u). Loan repayments will be suspended under this Plan during a period of qualified military service as permitted under Code Section 414(u)(4). 

ARTICLE 15 
 ESOP PROVISIONS

 15.1 The EDS Stock Fund. The provisions of this Article 15 are effective May 31, 2002. The assets of the EDS Stock
Fund shall be invested primarily in Employer Stock. It is intended that the EDS Stock Fund constitute an “employee stock ownership plan” within the meaning of Code Section 4975(e)(7) and Treasury regulation Section 54.4975-11.

  

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 15.2 Distribution Requirements. 
 (a) Timing. The provisions of Section 6.5 of the Plan, as revised effective May 31, 2002, shall continue to apply to all
amounts invested in the EDS Stock Fund so that a Participant may elect to receive a lump sum distribution of all shares of Employer Stock allocated to his or her Individual Account through an investment in the EDS Stock Fund, commencing as soon as
administratively practicable following the Participant’s termination of employment with the Employer of any reason. 
 (b) Form. The provisions of Section 6.13 of the Plan shall continue to apply to all amounts invested in the EDS Stock Fund so that a Participant may elect to receive a distribution of all or any portion of the shares of Employer
Stock allocated to his or her Individual Account, as of the date distribution is made, through an investment to the EDS Stock Fund in whole shares of Employer Stock, with cash being paid for any fractional share of Employer Stock. 
 15.3 Voting Requirements. The provisions of Section 9.17 of the Plan shall continue to apply to all amounts invested in the EDS Stock Fund so
that Participants may direct the Trustee with respect to the voting and tendering of all shares of Employer Stock allocated to his or her Individual Account through an investment in the EDS Stock Fund. The Trustee or an independent Fiduciary, if
appointed and then acting, shall likewise continue to vote all shares of Employer Stock in the EDS Stock Fund with respect to which a Participant does not have the right to direct the voting (including any shares of Employer Stock that have not been
allocated to a Participant’s Individual Account) or for which a Participant has the right to direct the voting but fails to give a direction. 
 15.4 Diversification Requirements. Notwithstanding the restriction set forth in the second sentence of Section 8.2(b), if and to the extent applicable, a Qualified Participant may direct the Trustee as to the investment of 100%
of the value of the Participant’s Employer Matching Contribution Account that is invested in the EDS Stock Fund (the “Eligible Accrued Benefit”) at any time during the period commencing on the first day of the first Plan Year after
the Participant becomes a Qualified Participant and ending on the ninetieth (90th) day following the end of the Participant’s Qualified Election Period. A Qualified Participant’s election pursuant to this Section 15.4 shall
direct the investment of the portion of his Eligible Accrued Benefit covered by the election among the other Investment Funds meeting the requirements of Code Section 401(a)(28) and the regulations thereunder that are available under
Section 8.2 of the Plan from time to time. Such an investment election shall be made in accordance with the provisions of Sections 8.2(a) and 8.3. 
 For purposes of this Section 15.4, the following definitions apply: 
 (i)
“Qualified Participant” means a Participant who has attained age 55 and who has completed at least 10 years of participation in this Plan. A “year of participation” means a Plan Year in which the Participant was eligible for an
allocation of Employer contributions, irrespective of whether the Employer actually contributed to the Plan for that Plan Year. 
  

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 (ii) “Qualified Election Period” means the 6-Plan Year period beginning with
the Plan Year in which the Participant first becomes a Qualified Participant. 
 15.5 Dividends. 
 (a) Allocation. Any dividend declared on shares of Employer Stock held in the EDS Stock Fund shall be allocated among the
Individual Accounts of all Participants that are invested in the EDS Stock Fund on the ex-dividend date of such dividend in proportion to the respective Individual Account balances invested in the EDS Stock Fund on such ex-dividend date. All
dividends covered by this Section 15.5(a) shall be 100% vested and nonforfeitable at all times regardless of whether such dividends are paid to the Participant or invested in the EDS Stock Fund as provided in Section 15.5(b). 

(b) Election. A Participant, in accordance with the policies and procedures then established by the Plan Administrator (which
policies and procedures shall not conflict with the requirements of IRS Notice 2002-2 and any subsequent IRS guidance covering Code Section 404(k)), may elect at any time during a Plan Year to either (i) receive in cash the entire amount
of the dividend allocated to his or her Individual Account under Section 15.5(a) or (ii) have the Trustee invest the entire amount of such dividend in the EDS Stock Fund. Once made, the election in the immediately preceding sentence shall
apply to all dividends described in Section 15.5(a) until the Participant changes such election. In the absence of an election by a Participant, the Participant shall be deemed to have elected (ii) above. A Participant’s election (or
deemed election) under this paragraph becomes irrevocable with respect to a dividend described in Section 15.5(a) on the ex-dividend date of such dividend. 
 In the event that any Participant makes an election under (i) of the immediately preceding paragraph, the Trustee will pay each
dividend allocated to the Participant’s Individual Account under Section 15.5(a) to the electing Participant within ninety (90) days following the close of the Plan Year in which such dividend is received by the Trustee. 

Notwithstanding anything herein to the contrary, if there is a change in this Section 15.5(b) or the policies and procedures
established by the Plan Administrator for making elections under this Section 15.5(b), a Participant may make an election in accordance with such change at any time prior to the ex-dividend of the first dividend subject to such change.

 ARTICLE 16 
 MISCELLANEOUS 
 16.1 Governing Law. The Plan shall be construed, regulated and administered according to the
laws of the State of Texas except in those areas preempted by the laws of the United States of America. 
  

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 16.2 Administration Expenses, Costs or Fees. Any and all expenses, costs or fees of administering
the Trust and the Plan may be paid either by the Employer or from the Trust. Such expenses, costs or fees include, but are not limited to, those expenses, costs or fees relating to: reimbursement of the reasonable and necessary expenses of the
members of the Investment and Benefits Administration Committees described in Section 9.4 hereof, certain professional, clerical and other administrative personnel and third party benefits administration service providers as may reasonably be
required for the purpose of fulfilling the duties and responsibilities assigned to them under Section 9.5 hereof, and the employment of any advisors such as accountants, counsel, and any other advisors that are deemed necessary and advisable in
connection with the administration and operation of the Plan as provided under Section 9.13 hereof. However, the Plan Administrator, in its sole discretion, may assess a reasonable administration fee against those participants who have
separated for reasons other than retirement, death, Disability, or transfer to another Controlled Group Member. 
 16.3 Participant’s
Rights, Acquittance. No Participant in the Plan shall acquire any right to be retained in the Employer’s employ by virtue of the Plan, nor, upon his dismissal, or upon his voluntary termination of employment, shall he have any right or
interest in and to the Trust other than as specifically provided herein. The Employer shall not be liable for the payment of any benefit provided for herein; all benefits hereunder shall be payable only from the Trust. 
 16.4 Spendthrift Clause. To the extent permitted by law, none of the benefits, payments, proceeds, or distributions under this Plan shall be
subject to the claim of any creditor of the Participant, or to the claim of any creditor of any Beneficiary hereunder, or to any legal process by any creditor of such Participant or of any such Beneficiary. Except for a Qualified Domestic Relations
Order a Participant shall not have any right to alienate, commute, anticipate, or assign any of the benefits, payments, proceeds or distributions under this Plan. 
 16.5 Merger, Consolidation or Transfer. In the event of the merger or consolidation of the Plan with another plan or transfer of assets or liabilities from the Plan to or from another Qualified Plan, each
Participant shall not, as a result of such event, be entitled on the day following such merger, consolidation or transfer under the termination of Plan provisions to a lesser benefit than the benefit he was entitled to on the date prior to the
merger, consolidation or transfer if the Plan had then terminated. Mergers, consolidations and transfers of assets or liabilities are listed on Appendix F. The Plan will not transfer to another Qualified Plan any amounts that are subject to the
distribution limitations of Treasury regulation section 1.401(k)-1(d) (including any Qualified Nonelective Contributions or Qualified Matching Contributions) unless the Plan Administrator reasonably concludes that the transferee Qualified Plan
maintains the distribution limitations. 
 16.6 Counterparts. The Plan and the Trust Agreement may be executed in any number of
counterparts, each of which shall constitute but one and the same instrument and may be sufficiently evidenced by any one counterpart. 
  

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 ADOPTION OF THE PLAN 
 Notwithstanding anything to the contrary herein, this Plan is created and maintained under the condition that it is approved and qualified by the Service
under Section 401(a) of the Code and that the Trust hereunder is exempt under Section 501(a) of the Internal Revenue Code, or under any comparable sections of any future legislation which amends, supplements or supersedes such sections.

 IN WITNESS WHEREOF, the Company has executed this EDS 401(k) Plan this 20th day of December, 2002. 
  

			
	ELECTRONIC DATA SYSTEMS CORPORATION
		
	By:	 	  

		 	Michael E. Paolucci, Managing Director,
		 	Global Compensation and Benefits

  

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 Appendix A 
 To the EDS 401(k) Plan 
 Past Service Credit for Certain In-Sourced Employees 
 In accordance with Plan Section 3.3(g) and as reported by EDS’ Vice President, Global Compensation and Benefits to EDS’ Benefits Oversight
Committee, individuals who became Employees on the effective date set forth below and who immediately prior to such effective date were actively employed by the former employer set forth below shall receive one year of Service for each year employed
with and as reported by such former employer. 
  

			
	 Former Employer
	 	 Effective Date

	Decision One	 	March 1, 2004
	MCI WorldCom – Xerox Account	 	July 1, 2004
	MCI WorldCom – Chevron Account	 	February 1, 2005
	United Government Solutions	 	July 30, 2005
	MCI WorldCom – Continental Account	 	August 1, 2005

  

 A-1 

 Appendix B 
 To the EDS 401(k) Plan 
 Equalization Bonuses 
 This Appendix B forms part of the EDS 401(k) Plan (the “Plan”). Terms used in this Appendix B shall have the meaning provided in the Plan,
unless the context clearly dictates otherwise. The provisions of this Appendix B shall apply with respect to Participants who are paid Equalization Bonuses, as defined herein, and sets forth provisions regarding the ability of such Participants to
enter into a Salary Reduction Agreement with respect to such Equalization Bonuses. 
 Effective July 1, 1997 and prior to January 1, 2001:

  

	I.	Bell South 

  

	 	A.	Eligibility: The provisions of this Section I shall apply with respect to all Participants who were formerly employed by Bell South and who were paid an Equalization Bonus,
as defined in Section I(B) of this Appendix B (the “Bell South Participants”). 

  

	 	B.	Equalization Bonus: A bonus equal to ten percent (10%) of the Bell South Participant’s salary as of December 1, 1997, payable in two equal parts, the first
part payable on January 1, 1998, and the second part payable on January 1, 1999. Each part shall be payable only with respect to Bell South Participants employed by an Employer on January 1, 1998, or January 1, 1999,
respectively. 

  

	 	C.	Salary Reduction Election: A Bell South Participant may enter into a Salary Reduction Agreement and elect to defer from one percent (1%) to one hundred percent (100%),
in whole percentages, of any Equalization Bonus. The Bell South Participant must make one election, prior to January 1, 1998. Such election shall control with respect to both parts of the Equalization Bonus and is not subject to amendment. The
Salary Reduction Agreement entered into pursuant to this Appendix B by such Bell South Participant shall otherwise be subject to the provisions of the Plan and the procedures then established by the Plan Administrator. 

  

	II.	Sumitomo Bank of California 

  

	 	A.	Eligibility: The provisions of this Section II shall apply with respect to all Participants who were formerly employed by Sumitomo Bank of California and who were paid an
Equalization Bonus, as defined in Section II(B) of this Appendix B (the “Sumitomo Participants”). 

  

 B-1 

	 	B.	Equalization Bonus: Bonuses determined in December 1997 and payable in January 1999 to Sumitomo Participants employed by an Employer on December 31, 1998.

  

	 	C.	Salary Reduction Election: A Sumitomo Participant may enter into a Salary Reduction Agreement and elect to defer from one percent (1%) to one hundred percent (100%), in whole
percentages, of any Equalization Bonus. The Sumitomo Participant must make this election prior to January 1, 1999. The Salary Reduction Agreement entered into pursuant to this Appendix B by such Sumitomo Participant shall otherwise be subject
to the provisions of the Plan and the procedures then established by the Plan Administrator. 

 Effective January 1, 2001: 
  

	III.	Bell South – Subsequent Transition 

  

	 	A.	Eligibility: The provisions of this Section III shall apply with respect to all Participants who were formerly employed by Bell South and who were paid an Equalization Bonus,
as defined in Section III(B) of this Appendix B (the “Bell South Participants”). 

  

	 	B.	Equalization Bonus: An aggregate amount, payable in two equal parts, the first part payable on March 31, 2001, and the second part payable on March 31, 2002. Each
part shall be payable only with respect to Bell South Participants employed by an Employer on January 31, 2001, or January 31, 2002, respectively. 

  

	 	C.	Salary Reduction Election: A Bell South Participant may enter into a Salary Reduction Agreement and elect to defer from one percent (1%) to one hundred percent (100%),
in whole percentages, of his or her respective share of any Equalization Bonus. The Bell South Participant must make one election, prior to March 31, 2001. Such election shall control with respect to both parts of the Equalization Bonus and is
not subject to amendment. The Salary Reduction Agreement entered into pursuant to this Section III of Appendix B by such Bell South Participant shall otherwise be subject to the provisions of the Plan and the procedures then established by the Plan
Administrator. 

  

 B-2 

 Appendix C 
 To the EDS 401(k) Plan 
 Benefits, Rights, and Features 
  

	A.	Distribution Options 

  

			
	 COMPANY
	  	 BRF

	 1.      PSS (Petroleum Software Systems)
	  	Life Annuity with 20 year certain period
		
	 2.      Xerox (Canada)
	  	Joint and Survivor Annuity, 66.7%, 75%, 100%, Period Certain Options (5, 10, 15, 20) Cash Refund
		
	 3.      FCI
	  	Joint Survivor Annuity, 66 2/3%, 100%, Cash Refund Annuity
		
	 4.      Constitution State Credit Union
	  	Joint and Survivor Annuity, 75%, 100%
		
	 5.      XBS (Xerox)
	  	Joint and Survivor Annuity, 66.7%, 75%, 100%, Period Certain Options (5, 10, 15, 20) Cash Refund
		
	 6.      Genicom
	  	Installment Payments up to 15 years or life expectancy
		
	 7.      Centura
	  	Installment Payments from 5-15 year period
		
	 8.      NHIC California
	  	Periodic Payment Options
		
	 9.      Sherpa
	  	Monthly Income Options
		
	 10.    Digital (Decnet)
	  	Periodic Installments
		
	 11.    Value Health Management
	  	Distribution Options
		
	 12.    LTV Steel Payroll
	  	Period Payment Options
		
	 13.    USData
	  	Combination Cash/Rollover Distribution
		
	 14.    Russell Stover
	  	Installment Options
		
	 15.    Sterling Diagnostic Imaging
	  	Period Payment Options
		
	 16.    Sverdrup Civil
	  	Installment Options
		
	 17.    Ventritex (St. Jude)
	  	Installment Option
		
	 18.    NHIC New England
	  	Installment Option
		
	 19.    Fairchild Fasteners
	  	Installment Options
		
	 20.    Wellmark
	  	Period Certain Annuities

  

 C-1 

			
	 21.    Wyse Technology
	  	Installment and Annuity Options
		
	 22.    Sumitomo Bank
	  	Installment Option
		
	 23.    USData Corporation
	  	Combination Cash and Rollover
		
	 24.    Global Supply Group (GSG)
	  	Annuity Option
		
	 25.    World Computer
	  	Joint and Survivor Annuity, 75%, 100%
		
	 26.    Digital Equipment Corporation
	  	Fixed period installments
		
	 27.    Blue Shield – Chico
	  	Installments to Life Expectancy
		
	 28.    Telectronics (St. Jude)
	  	Installment Payments
		
	 29.    Horace Small Apparel
	  	Annuity and Period Certain Options
		
	 30.    Chemcentral
	  	Installment and Annuity Options
		
	 31.    LTV Steel-Benefits
	  	Periodic Payment and Termination Withdrawal Options
		
	 32.    Vantive
	  	Combined Distribution Option, Installment Options
		
	 33.    National Health Insurance Co.
	  	Annuity Options
		
	 34.    Seymour Housewares (HPII)
	  	Compensation Cash and Rollover Distribution
		
	 35.    Turner Company
	  	Annuity Options
		
	 36.    Wall Data (Add-On)
	  	Combination Cash and Rollover

  

	B.	Discretionary Withdrawals 

 Certain employees who had certain assets
transferred to the Plan from another plan maintained by one of the companies listed below may withdraw those assets from the Accounts listed below: 
  

			
	 Company
	 	 Accounts

	 Energy Management
 London Fog
 FCI
 Storagetek
 Toshiba
 Cunard Line Ltd.
 Total Petroleum/Gemini
 Earthgrains Co.
 Value Health Management
 USData
 Intergraph
 BellSouth
	 	 R-Prior Plan Rollover

  

 C-2 

			
	 Bethlehem Steel
 Global Supply Group (GSG)
 Mitsubishi
 Fairchild Fasteners
 J. Crew Group Inc.
 Franklin Covey
Co.
	  	
		
	 ICI Films
 Sterling Diagnostic Imaging
 NHIC New England
 Blue Shield (Add-on)
 LTV Steel-Benefits
 LTV Steel
Payroll
 Seymour Housewares (HPII)
	  	 D- Prior Plan ER Match

		
	 Allison Engine
 Cytec Industries
 Rolls-Royce Energy Systems
	  	 R-Prior Plan Rollover
 D- Prior Plan ER Match

		
	Dow Chemical	  	 1-Prior Plan ER Contribution

  

	*	Source Codes 

	 	D	Prior Plan Employer Match 

	 	R	Prior Plan Rollover 

	 	1	Prior Plan Employer Contribution 

  

	C.	Employers Maintaining Plans subject to Code Section 417 from which Assets were Transferred to this Plan 

  

	 	1.	Huntsman 

	 	2.	Mitsubishi 

	 	3.	Constitution State Credit Union 

	 	4.	Banc One Baton Rouge/New Orleans 

  

 C-3 

 Appendix D 
 To the EDS 401(k) Plan 
 Vesting Provisions 
 This Appendix D forms part of the EDS 401(k) Plan (the “Plan”), as amended and restated effective January 1, 2003, and sets forth vesting
rules in addition to those set forth in Article 6 applicable as provided herein. 
  

	I.	MCI Transitioned Employees: A Participant who is employed by the Company on date of the closing of the agreement between the Company and MCIWorldcom on January 1, 2000 (the
“Transfer Date”) and who transfers employment from the Company to MCI on or after the Transfer Date but prior to the first anniversary of the Transfer Date shall be one hundred percent (100%) vested in his or her Individual Account

  

	II.	UGS Plan Participants: Any UGS Plan Participant who was 100% vested in his UGS Plan matching contribution account on December 31, 2002 shall be 100% vested in his Employer
Matching Contribution Account and Choice Allocation Account under this Plan. Further, for purposes of the vesting schedule set forth in Section 6.4, any UGS Plan Participant who was a former participant in the Engineering Animation, Inc.
Retirement Plan and who had a 20% vested interest in his UGS Plan matching contribution account on December 31, 2002 shall have such vested interest increased to 40%. In addition, that portion of a UGS Plan Participant’s matching
contribution account that is attributable to matching contributions that were transferred to the UGS Plan from the Structural Dynamics Research Corporation Tax Deferred Capital Accumulation Plan shall be 100% vested after three (3) full years
of Credited Service. 

  

	III.	Structural Dynamics Research Corporation: Any Employee who becomes a Participant after January 1, 2003 and who notifies the Plan Administrator that he or she was previously
employed by Structural Dynamics Research Corporation shall be credited with Service for purposes of the vesting schedules set forth in Section 6.4 for such employment as reflected in the records of Structural Dynamics Research Corporation.

  

 D-1 

 Appendix E 
 To the EDS 401(k) Plan 
 Participating Employees 
 This Appendix E forms part of the EDS 401(k) Plan (the “Plan”) as amended and restated effective January 1, 2003, and sets forth all
Employers who have adopted the Plan pursuant to Section 11.1 of the Plan and the effective date of such Employer’s participation. 
  

			
	 Employer
	  	 Effective Date of Participation

	Electronic Data Systems Corporation	  	July 1, 1983
	National Heritage Insurance Company	  	July 1, 1983
	Wendover Financial Services Corporation	  	June 1, 1997
	EDS Information Services, LLC	  	January 1, 2001
	SOLCORP	  	October 1, 2005
	eBreviate, Inc.	  	January 20, 2000 – December 31, 2002
	EDS Resource Management Corporation	  	January 1, 2001 – December 31, 2003
	EDS Properties Corporation	  	January 1, 2001 – December 31, 2003
	EDS Technologies Services L.P.	  	January 1, 2001 – December 31, 2003
	Trans Alliance LP	  	February 1, 2001 – December 31, 2001
	A.T. Kearney, Inc.	  	January 1, 2003 – December 31, 2004
	Unigraphics Solutions, Inc.	  	January 1, 2003 – May 27, 2004

  

 E-1 

 Appendix F 
 To the EDS 401(k) Plan 
 Plan to Plan Transfers 
 This Appendix F forms part of the EDS 401(k) Plan (the “Plan”) as amended and restated effective January 1, 2003, and sets forth all
merges and transfers of Plan assets made in accordance with Section 16.5 of the Plan. 
 1999 
 Centrobe (formerly Neodata Services, Inc.) 
 Sequent Computer Systems

 Maxtor Corporation 
 Mitsubishi Electric U.S. Companies

 National Association of Securities Dealers, Inc. (NASD) 
 Equifax Inc. 
 Turner Company 
 Banc One Corporation

 2000 
 Express Scripts 
 MCI WorldCom 
 W. H.Smith Inc. 
 Compaq Computer Corporation 
 GMAC 
 Lechters, Inc. 
 Sun Microsystems 
 J. Crew Group, Inc. 
 UGS (Original name was Unigraphics Solutions, Inc.)

 2001 
 adidas AMERICA, Inc. 
 The Dow Chemical Company 
 BellSouth 
 Primedia 
 Aspect Communications Corporation 
 The Weyerhaeuser Company 
 Huntsman Corporation 
 DecisionOne Corporation. 
 The Sabre Group 
 Franklin Covey Co. 
 Rolls-Royce Energy Systems Inc. 
 Canadian Imperial Bank of Commerce (CIBC) 
 Adolph Coors Company 

SKF USA Inc. 
 QSP Distribution Services, Inc. 
 UGS 
 2003 
 A.T. Kearney, Inc. Profit Sharing and 
 401(k) Retirement Plan 
 Unigraphics Solutions, Inc. 401(k) Plan 
 2004 
 Wendover Funding, Inc. Savings Plus Plan 
 2005 
 Four separate transfers of Plan assets to the A.T. Kearney, Inc. 401(k) and Profit Sharing Retirement Plan 
  

 F-1 

 Appendix G 
 To the EDS 401(k) Plan 
 Past Service Credit Exclusions 
 In accordance with the authority granted under Plan Section 3.4(d) of the Plan, EDS’ Executive Vice President, Human Resources has determined
that past Service under the Plan should not be granted to those individuals who were employed by the former employer set forth below and who became Employees on the effective date set forth below as a result of a facilities management contract or
outsourcing agreement between an Employer and a Customer or as a result of a stock purchase, asset purchase or other acquisition. 
  

			
	 Former Employer
	 	 Effective Date

  

 G-1EDS Executive Deferral Plan

 EXHIBIT 10.4 
 EDS EXECUTIVE DEFERRAL PLAN 
 (Conformed Copy: 2002 Restatement 
 Incorporating Amendments Nos. 1, 2, 
 3, 4, 5, and 6 thereto) 

 EDS EXECUTIVE DEFERRAL PLAN 
 ARTICLE I 
 INTRODUCTION 
  

	1.1	Creation. Upon the recommendation of the Compensation and Benefits Committee (“Committee”) of its Board of Directors (“Board”), Electronic Data Systems
Corporation, a Delaware corporation (the “Company”), hereby amends and restates the EDS Executive Deferral Plan (“Plan”) in its entirety, effective January 1, 2002. 

  

	1.2	Purpose. The Plan was originally established as of January 1, 2000. The objective and purpose of the Plan is to attract and retain competent officers, key executives and
highly compensated employees by offering flexible compensation opportunities to officers, key executives and highly compensated employees of the Company and to offer them an opportunity to defer income to be paid at a later date. The Plan shall not
constitute a “qualified plan” subject to the limitations of Section 401(a) of the Code, nor shall it constitute a “funded plan,” for purposes of such requirements. The Plan shall be exempt from the participation and vesting
requirements of Part 2 of Title I of ERISA, the funding requirements of Part 3 of Title I of ERISA, and the fiduciary requirements of Part 4 of Title I of ERISA by reason of the exclusions afforded plans which are unfunded and maintained by an
employer primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees. 

 ARTICLE II 
 DEFINITIONS AND CONSTRUCTION 
  

	2.1	Definitions. The following words and phrases shall have the meaning set forth below, unless a different meaning is required by the context in which the word or phrase is
used. 

  

	 	(a)	Account shall mean the bookkeeping account to which a Participant’s deferred Compensation is credited, together with any earnings thereon. 

  

	 	(b)	Additional Credits shall mean amounts credited to a Participant’s Account pursuant to Section 4.3, and any earnings thereon. 

  

	 	(c)	Affiliate shall mean (i) a corporation that is a member of a controlled group of corporations (as determined pursuant to Section 414(b) of the Code) which includes
the Company, and (ii) a trade or business (whether or not incorporated) which is under common control (as determined pursuant to Section 414(c) of the Code) of the Company. 

  

	 	(d)	Beneficiary shall mean the person or persons, or a trust created for the benefit of such person or persons, or the Participant’s estate, designated by the Participant in
a writing filed with the Committee to receive payment of the Participant’s Account upon the death of the Participant. 

	 	(e)	Board shall mean the Board of Directors of the Company. 

  

	 	(f)	Bonus shall mean any portion of an Eligible Employee’s Compensation payable under the EBP (“EBP Bonus”), or designated and payable by the Company or
Participating Employer as a bonus. 

  

	 	(g)	Cash Dividend Equivalent shall mean, with respect to any dividend declared on Common Stock, an amount of cash equal to the per-share value of such dividend (whether payable
in cash or property). 

  

	 	(h)	Cause shall mean a Participant has: 

  

	 	(i)	engaged in material misconduct in association with his/her position with the Employer; 

  

	 	(ii)	materially failed to follow and/or violated the Employer’s policies (including without limitation the Employer’s Code of Business Conduct, as amended from time to time),
directives or orders applicable to employees holding comparable positions; 

  

	 	(iii)	intentionally destroyed or stolen Employer property or falsified Employer documents; 

  

	 	(iv)	been convicted of a felony or any crime involving moral turpitude; 

  

	 	(v)	without the express, prior written consent of the Employer’s General Counsel, engaged in any of the conduct described in subparagraphs (a) through (d) below, either
directly or indirectly, individually or as an employee, contractor, consultant, partner, officer, director or stockholder (other than as a stockholder of less than 5% of the equities of a publicly trade corporation) or in any other capacity for any
person, firm, partnership or corporation: 

  

	 	(a)	during the Participant’s employment with the Employer or during the 6-month time period thereafter, the Participant performed duties as or for a direct competitor of the
Employer in the geographic region in which the Participant provided services to the Employer during the 6-month period preceding the Participant’s termination (i) which are the same or similar to the duties performed by the Participant at
any time during the 12-month period preceding the Participant’s termination; or (ii) which involved the use or disclosure of any confidential information which the Participant received, obtained or acquired during, or as a consequence of,
his/her employment with the Employer; 

  

 2 

	 	(b)	during the time of the Participant’s employment with the Employer or during the 12-month time period thereafter, the Participant performed duties for any current client or
prospective client of the Employer with whom the Participant interacted during the 6-month period preceding his/her termination (i) which are the same or similar to the duties performed by the Participant at any time during the 12-month period
preceding the Participant’s termination; or (ii) which involve the use or disclosure of any confidential information which the Participant received, obtained or acquired during, or as a consequence of, his/her employment with the Employer;

  

	 	(c)	during the time of the Participant’s employment with the Employer or during the 12-month time period thereafter, the Participant was involved in the inducement of or otherwise
encouraged the Employer’s employees, clients, or vendors to currently and/or prospectively breach, modify, or terminate any agreement or relationship they have or had with the Employer within the 12-month period prior to the Participant’s
termination; or 

  

	 	(d)	during the time of the Participant’s employment with the Employer or during the 12-month time period thereafter, the Participant participated voluntarily with or provided
assistance or information to any person or entity with regard to (i) negotiations with the Employer involving a contract or services to be rendered by the Employer, regarding such contract or services; or (ii) a potential or existing
business or legal dispute with the Employer, including, but not limited to, litigation, except as may be required by law; or 

  

	 	(vi)	during the time of his/her employment or during the 12-month time period thereafter, without the express, prior written consent of a Company officer, engaged in any of the conduct
described in subparagraphs (a) and (b) below, either directly or indirectly, individually or as an employee, contractor, consultant, partner, officer, director or stockholder (other than as a stockholder of less than 5% of the equities of
a publicly held corporation) or in any other capacity for any person, firm, partnership or corporation: 

  

	 	(a)	hired, attempted to hire or assisted any other person or entity in hiring or attempting to hire any current employee of the Employer or any person who was an employee of the
Employer within the 12-month period prior to the termination of the Participant’s employment; or 

  

 3 

	 	(b)	solicited, diverted, or took away, in competition with the Employer, the business or patronage of any current Employer client or any prospective client with whom the Participant had
involvement on behalf of the Employer during the 6-month period preceding the Participant’s termination. Notwithstanding the foregoing, this prohibition does not apply to any person or entity who is no longer a client or prospective client at
the time of any such solicitation by the Participant. 

  

	 	(i)	Change of Control shall mean a change in control of the Company of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation
14A (or in response to any similar item on any similar schedule or form) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), whether or not the Company is then subject to such reporting requirement; provided,
however, that, without limiting the generality of the foregoing, a Change of Control shall be deemed to have occurred (irrespective of the applicability of the initial clause of this provision) if at any time (a) any “person” (as such
term is used in Sections 13(d) and 14(d) of the Exchange Act, but excluding (i) any employee benefit plan of the Company or any Affiliate, and (ii) any entity organized, appointed or established by the Company pursuant to the terms of any
such plan) is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 20% or more of the combined voting power of the Company’s then
outstanding securities without the prior approval of at least two-thirds of the members of the Board in office immediately prior to such person’s attaining such percentage interest; (b) the Company is a party to a merger, consolidation,
share exchange, sale of assets or other reorganization, or a proxy contest, as a consequence of which members of the Board in office immediately prior to such transaction or event constitute less than a majority of the whole Board thereafter; or
(c) during any period of two consecutive years, individuals who at the beginning of such period constituted members of the Board (including for this purpose any new member whose election or nomination for election by the Company’s
stockholders was approved by at least two-thirds of the members of the whole Board then still in office who were members of the Board at the beginning of such period) cease for any reason to constitute a majority of the whole Board.

  

	 	(j)	CIC Event shall mean such term as defined in Section 6.2. 

  

	 	(k)	Code shall mean the Internal Revenue Code of 1986, as amended. 

  

	 	(l)	Commissions shall mean that portion of an Eligible Employee’s Compensation designated as, and payable by the Company or Participating Employer in the form of, a
commission. 

  

 4 

	 	(m)	Committee shall mean the Compensation and Benefits Committee of the Board, or any successor thereto. 

  

	 	(n)	Common Stock shall mean the common stock, par value $.01 per share, of the Company. 

  

	 	(o)	Company shall mean Electronic Data Systems Corporation, a Delaware corporation. 

  

	 	(p)	Compensation shall mean the total earnings prior to withholding (excluding any imputed income items), as reportable on Internal Revenue Service Form W-2, payable to any
Employee by an Employer for a Plan Year, disregarding any Deferral Election under the Plan, and increased by amounts not included in income through a salary reduction election made pursuant to a cafeteria plan described in Code Section 125 or
the EDS 401(k) Plan. The term “Compensation” shall exclude amounts paid to an Employee while receiving payments from the Company or a Participating Employer under a plan intended to provide benefits in the case of a termination from
employment, short-term disability, or long-term disability. 

  

	 	(q)	Current Year Election shall mean an irrevocable Deferral Election made after an individual’s date of hire, promotion, job change, approval for EBP participation or
salary increase, which is applicable to deferrable items of Compensation that are payable after such Deferral Election is made, but in the same Plan Year in which such Deferral Election is made. An individual who is eligible to make a Current Year
Election pursuant to Section 4.1(b) by reason of promotion, job change, approval for EBP participation or salary increase shall be eligible to make such Current Year Election with respect to base salary and Commissions only, and such Current
Year Election shall be made within 30 days after the later of (i) the date of the promotion, job change, approval for EBP participation or salary increase, and (ii) the date the individual is designated as eligible to make the Current Year
Election by the Chief Executive Officer of the Company or his designee. An individual who is eligible to make a Current Year Election pursuant to Section 4.1(b) by reason of being newly-hired shall be eligible to make such Current Year Election
with respect to all deferrable items of Compensation, and such Current Year Election shall be made within 30 days after the individual’s date of hire. 

  

	 	(r)	Deferral Election shall mean the agreement between the Company or Participating Employer and an Eligible Employee pursuant to which the Eligible Employee consents to
participation and the deferral of Compensation hereunder, and designates the amount of Compensation to be deferred. 

  

	 	(s)	Deferral Election Deadline with respect to Plan Years beginning on or after January 1, 2002, shall mean September 30 (or, if September 30 falls on a Saturday
or Sunday or on a legal holiday, the next business day immediately following 

  

 5 

 September 30) of the preceding Plan Year; provided, however, that the Deferral Election Deadline
with respect to base salary and Commissions for a Plan Year shall be December 15 (or, if December 15 falls on a Saturday or Sunday or on a legal holiday, the next business day immediately following December 15) of the preceding Plan
Year. Notwithstanding the above, however, the following rules shall apply: 
  

	 	(1)	The Deferral Election Deadline for an Employee who becomes a Springing Eligible Employee (as such term is defined in Section 2.1(x)(4)), who is newly hired (and otherwise
eligible to defer by reason of Section 2.1(x)(3)) or who becomes a Transitioned Employee (and otherwise eligible to defer by reason of Section 2.1(x)(5)) on or after September 1, but on or before November 30, shall be 30 days
after the Employee’s date of hire, promotion, job change, approval for EBP participation, salary increase or becoming a Transitioned Employee; provided, however, that the Deferral Election Deadline with respect to base salary and Commissions
for a Plan Year shall be December 15 (or, if December 15 falls on a Saturday or Sunday or on a legal holiday, the next business day immediately following December 15) of the preceding Plan Year. 

  

	 	(2)	The Deferral Election Deadline for an Employee who becomes a Springing Eligible Employee (as such term is defined in Section 2.1(x)(4)), who is newly hired (and otherwise
eligible to defer by reason of Section 2.1(x)(3)) or who becomes a Transitioned Employee (and otherwise eligible to defer by reason of Section 2.1(x)(5)) on or after December 1, but on or before December 31, shall be 30 days
after the Employee’s date of hire, promotion, job change, approval for EBP participation, salary increase or becoming a Transitioned Employee; provided, however, that any Deferral Election made pursuant to this Section 2.1(s)(2) shall be
applicable only with respect to deferrable items of Compensation that are payable after the Deferral Election is made. 

  

	 	(3)	In the case of those Eligible Employees who were inadvertently excluded from the base salary and Commission Deferral Election process for the 2005 Plan Year due to an administrative
error in calculating their Earnings as of the 2005 Plan Year’s Eligibility Date, the Deferral Election Deadline for such Eligible Employees is March 15, 2005 and the Deferral Election shall only apply to deferrable items of Compensation
for the 2005 Plan Year that are payable for services to be performed after such Deferral Election is made. Eligible Employees who are entitled to make the Deferral Elections described in the immediately preceding sentence may make such elections
during the period March 1, 2005 through March 15, 2005. The Deferral Election set forth in this paragraph was provided in reliance on IRS Notice 2005-1, Q&A-21. 

  

 6 

	 	(t)	Dividend Equivalent shall mean, with respect to any dividend declared on Common Stock, a number of stock units (including fractional stock units) determined by dividing
(i) the product of the per-share dividend multiplied by the number of stock units credited to the Stock Equivalent Portion of a Participant’s Account as of the applicable record date for such dividend by (ii) the Fair Market Value of
a share of Common Stock on such record date. 

  

	 	(u)	EBP shall mean the Company’s executive bonus program, as in effect from time to time. 

  

	 	(v)	EDS 401(k) Plan shall mean the employee pension plan intended to qualify under Code Sections 401(a) and 401(k) as established by the Company effective July 1, 1983,
as amended from time-to-time, any successor to such plan, and any other plan of the Company or an Affiliate intended to qualify under Code Sections 401(a) and 401(k) as may be designated by the Committee. 

  

	 	(w)	Eligibility Date means July 1, 2001, and each succeeding July 1 thereafter. 

  

	 	(x)	Eligible Employee shall mean an Employee of the Company or a Participating Employer who, as of the Eligibility Date, satisfies the following requirements:

  

	 	(1)	an Employee on the U.S. payroll of the Company or other Participating Employer eligible to participate in the EBP; or 

  

	 	(2)	an Employee on the U.S. payroll of the Company or other Participating Employer whose Earnings (as such term is defined in the EDS Retirement Plan, but (i) without regard to any
limitations imposed under Section 401(a)(17) of the Code, and (ii) specifically excluding any cash proceeds resulting from the Company’s acquisition of stock and stock options in either Unigraphics Solutions Inc. or Structural
Dynamics Research Corporation) — 

  

	 	(A)	as of the Eligibility Date, includes salary payable at a rate equal to or in excess of the Section 401(a)(17) Limitation, or 

  

	 	(B)	For the 12 month period ended June 30 equaled or exceeded the Section 401(a)(17) Limitation; or 

  

	 	(3)	an Employee on the U.S. payroll of the Company or other Participating Employer who is hired after the Eligibility Date and who otherwise would have been an Eligible Employee under
the provisions of subdivisions (1) or (2) above; or 

  

	 	(4)	an Employee on the U.S. payroll of the Company or other Participating Employer who, by reason of promotion, job change, approval for EBP participation, or salary increase, satisfies
the eligibility provisions of subdivisions (1) or (2) above after the Eligibility Date (“Springing Eligible Employee”); or 

  

 7 

	 	(5)	a Transitioned Employee acquired before or after the Eligibility Date, but only if (i) during the 12-month period ending on June 30, the Transitioned Employee received
combined compensation from his or her prior employer(s) and the Company (or other Participating Employer) in an amount which would have otherwise classified him or her as an Eligible Employee under subdivision (2)(B) above, and (ii) the
Transitioned Employee is so designated as an Eligible Employee by the Chief Executive Officer of the Company or his designee. If a Transitioned Employee becomes an Eligible Employee pursuant to the provisions of this subdivision (5), he or she shall
remain an Eligible Employee for two Plan Years. After such time, the Transitioned Employee shall no longer be an Eligible Employee unless he or she meets the requirements to be an Eligible Employee under the other provisions of this
Section 2.1(x) (disregarding this subdivision (5) for such purposes). 

 Notwithstanding the foregoing, the following
Employees shall not be Eligible Employees: 
  

	 	(1)	non-resident aliens who are not subject to United States federal income taxation on Compensation; 

  

	 	(2)	resident aliens who are not subject to United States federal income taxation on Compensation; 

  

	 	(3)	U.S. citizens residing (whether permanently or temporarily) outside the United States; 

  

	 	(4)	any person hired by a foreign entity in which the Company has a direct or indirect ownership interest; 

  

	 	(5)	any person eligible to participate in the EDS Puerto Rico Savings Plan.. 

 Notwithstanding the foregoing, any Employee whom the Committee determines is not a member of a select group of management or a highly compensated employees will not be an Eligible Employee. 
  

	 	(y)	Employee shall mean any person employed as an employee by an Employer and on the payroll of an Employer. If a person’s status as an employee is redetermined
retroactively, such redetermination shall not affect participation in the Plan prior to the redetermination. 

  

	 	(z)	Employer shall mean the Company and Participating Employers. A list of the Employers which participate in this Plan is attached as Appendix A. 

  

 8 

	 	(aa)	ERISA shall mean the Employee Retirement Income Security Act of 1974, as amended. 

  

	 	(bb)	Fair Market Value of a share of Common Stock shall mean, as of a particular date, (i) if shares of Common Stock are listed on a national securities exchange, the mean
between the highest and lowest sales price per share of Common Stock on the consolidated transaction reporting system for the principal national securities exchange on which shares of Common Stock are listed on that date, or, if there shall have
been no such sale so reported on that date, on the last preceding date on which such a sale was so reported, (ii) if shares of Common Stock are not so listed but are quoted on the Nasdaq National Market, the mean between the highest and lowest
sales price per share of Common Stock reported by the Nasdaq National Market on that date, or, if there shall have been no such sales reported on that date, on the last preceding date on which such a sale was so reported, or (iii) if the Common
Stock is not so listed or quoted but is traded in the over-the-counter market, the mean between the closing bid and asked price on that date, or, if there are no quotations available for such date, on the last preceding date on which such quotations
shall be available, as reported by the Nasdaq Stock Market, or, if not reported by the Nasdaq Stock Market, by the National Quotations Bureau Incorporated. 

  

	 	(cc)	FICA shall mean the taxes imposed under the Federal Insurance Contributions Act for which withholding from employees may be required from time to time.

  

	 	(dd)	Fixed-Income Equivalent Portion shall mean that term as defined in Section 4.4(a). 

  

	 	(ee)	IP Award shall mean any RSU, option or other award granted to an Employee under the SIP. 

  

	 	(ff)	Leave of Absence shall mean any Employee’s absence from active employment with an Employer by reason of leave granted in conformity with the Employer’s policy other
than a Disability Leave of Absence or a Permitted Absence. 

  

	 	(gg)	Participant shall mean each Eligible Employee who has properly completed and filed a Deferral Election with the Committee and each Eligible Employee who has been credited
with discretionary additional credits pursuant to Section 4.3(c). 

  

	 	(hh)	Participating Employer shall mean any Affiliate which, with the consent of the Committee, elects to become and accepts the obligations of an Employer hereunder.

  

	 	(ii)	Plan shall mean this EDS Executive Deferral Plan, as amended from time to time. 

  

	 	(jj)	Plan Year shall mean the calendar year. 

  

 9 

	 	(kk)	Restricted Period shall mean such term as defined in Section 5.2. 

  

	 	(ll)	RSU shall mean a restricted stock unit IP Award. 

  

	 	(mm)	Section 401(a)(17) Limitation shall mean the dollar amount established by Code Section 401(a)(17) which limits the annual compensation of each employee taken into
account under a qualified plan. 

  

	 	(nn)	SIP shall mean the 1996 Incentive Plan of Electronic Data Systems Corporation. 

  

	 	(oo)	Stock Equivalent Portion shall mean that term as defined in Section 4.4(a). 

  

	 	(pp)	Transitioned Employee means an Employee who becomes employed by an Employer by reason of a merger or acquisition transaction. A Transitioned Employee shall be considered to
be a Transitioned Employee on the date he or she is first employed by an Employer. 

  

	 	(qq)	Valuation Date shall mean the last business day of each calendar month, or more frequently as authorized by the Committee or its designee. 

  

	2.2	Construction. If any provision of this Plan is determined to be for any reason invalid or unenforceable, the remaining provisions of this Plan shall continue in full force
and effect. All of the provisions of this Plan shall be construed and enforced in accordance with the laws of the State of Delaware (other than its laws regarding choice of laws) and shall be administered according to the laws of such state, except
as otherwise required by ERISA, the Code or other applicable federal law. The masculine gender, where appearing in this Plan, shall include the feminine gender, and vice versa. The terms “delivered to the Committee” and “filed with
the Committee,” as used in this Plan, shall include, respectively, delivery to and filing with a person or persons designated by the Committee for the disbursement and the receipt of administrative forms. Whenever a Participant is required to
make a “filing” of an election or form or required to make a submission in “writing” under this Plan, such “filing” or “writing” requirement may be satisfied by the Participant electronically (but only if the
Committee has designated that such requirement may be satisfied electronically). Headings and subheadings in the Plan are for the purpose of reference only and are not to be considered in the construction of this Plan. 

 ARTICLE III 
 PARTICIPATION AND
VESTING 
  

	3.1	Eligibility and Participation. An Eligible Employee who properly completes and files with the Committee a Deferral Election pursuant to which a portion of his Compensation is
deferred under the Plan shall become a Participant. A Participant shall remain a Participant until his entire Account under the Plan is extinguished, through distribution or otherwise. An Eligible Employee shall also become a Participant if he or
she is credited with discretionary additional credits pursuant to Section 4.3(c). 

  

 10 

	3.2	Ceasing to be an Eligible Employee. Status as an Eligible Employee will be redetermined from time to time, at least annually. If an individual ceases for any reason to be an
Eligible Employee, through termination of employment or otherwise, his Deferral Election shall forthwith terminate, and he shall not again become eligible to make a Deferral Election until he again becomes an Eligible Employee; provided, however,
that an Eligible Employee who ceases to be an Eligible Employee by reason of not having the requisite Earnings under Section 2.1(x)(2) shall continue to be an Eligible Employee (and shall continue to be eligible to make a Deferral Election) for
the Plan Year immediately following the Eligibility Date on which he or she fails to meet the Earnings requirements of Section 2.1(x)(2).. 

  

	3.3	Vesting. Except as provided below, a Participant shall at all times be fully vested in and have a nonforfeitable right to amounts credited to his Account.

  

	 	(a)	Deferred RSUs Subject to Restrictions. Restricted deferred RSUs shall be subject to forfeiture as provided in Section 5.2. 

  

	 	(b)	Early Distribution Penalty. A Participant who receives an early distribution pursuant to Section 5.5 shall incur a forfeiture as provided in such section.

  

	 	(c)	Forfeiture of Additional Credits for Cause. Notwithstanding a Participant’s eligibility for a distribution from or of his/her Account, the portion of a
Participant’s Account attributable to Additional Credits shall be subject to forfeiture at the Committee’s discretion if, upon consideration of the facts and circumstances and any advice or recommendation of the Employer, the Committee
finds that Cause exists. Similarly, in the event the Committee, in its discretion, upon consideration of the facts and circumstances and any advice or recommendation of the Employer, concludes, subsequent to the Participant’s receiving a
distribution (or distributions) of any portion of Additional Credits from his/her Account (including any Dividend Equivalents received thereon), that the Participant violated the non-compete and/or non-solicitation provisions of Section 2.1(h),
the Participant shall be required to reimburse the Employer in an amount equal to such distribution(s). 

  

	 	(d)	Waiver and Release. If a Participant or Beneficiary refuses or fails to execute a binding waiver and release in such form as the Committee may require as a condition of
participating in the Plan or receiving a distribution from or of a Participant’s Account, the Committee may, in its discretion, direct that all or any portion of such Account be forfeited. 

  

 11 

 ARTICLE IV 
 DEFERRAL ELECTIONS, MATCHING CREDITS 
 AND ACCOUNTING 
  

	4.1	Deferral Elections. 

  

	 	(a)	Elections. Eligible Employees shall be notified of their status as such. Each Eligible Employee shall be provided an opportunity to make Deferral Elections prior to the
Deferral Election Deadline. 

 Deferral Elections for a Plan Year shall be made on forms provided by the Committee. Deferral
Elections shall be filed with the Committee no earlier than the date permitted by the Committee and no later than the Deferral Election Deadline. Deferral Elections for a Plan Year shall become irrevocable on the Deferral Election Deadline.

  

	 	(b)	Current Year Elections. Notwithstanding the foregoing, an individual who meets the requirements to be an Eligible Employee as of his or her date of hire shall be eligible to
make a Current Year Election, if his or her date of hire is prior to December 1. In addition, an individual who, by reason of promotion, job change, approval for EBP participation, or salary increase, meets the requirements to be an Eligible
Employee, shall be eligible to make a Current Year Election, if (i) such promotion, job change, approval for EBP participation, or salary increase occurs prior to December 1, and (ii) such individual is so designated as eligible to
make a Current Year Election by the Chief Executive Officer of the Company or his designee. A Transitioned Employee who is an Eligible Employee solely by reason of Section 2.1(x)(5) shall not be eligible to make a Current Year Election

  

	 	(c)	New Elections and Terminations of Elections. A new Deferral Election will be required for each Plan Year. A Participant’s Deferral Election shall automatically terminate
on his termination of employment, or, if earlier, the date the Participant commences to receive payments under the Employer’s long-term disability plan. 

  

	 	(d)	Separate Elections; Limitations on Elections. Separate Deferral Elections may be made with respect to Bonuses (other than EBP Bonuses), EBP Bonuses payable in cash, EBP
Bonuses payable in Common Stock, RSUs, base salary and Commissions, and separate Deferral Elections shall be made with respect to any amounts of Compensation payable in cash or payable in stock. Deferral Elections with respect to cash amounts and
EBP Bonuses payable in Common Stock must be made in whole percentage increments of at least 1% where partial shares or dollars will be rounded down to the next whole dollar or share. Any amounts which are not deferred by reason of being rounded down
shall be paid to the Participant as Compensation through the usual payroll process. Deferral Elections with respect to RSUs must be made in whole shares. 

  

 12 

 For any Plan Year, an Eligible Employee may make a Deferral Election with respect to a maximum of:

  

	 	(i)	50% of base salary otherwise payable in the Plan Year, 

  

	 	(ii)	100% of the EBP Bonus otherwise payable in cash during the Plan Year (but excluding amounts payable in installments commencing prior to January 1, 2000),

  

	 	(iii)	100% of the EBP Bonus otherwise payable in Common Stock during the Plan Year (but excluding amounts payable in installments commencing prior to January 1, 2000),

  

	 	(iv)	100% of Bonuses (other than EBP Bonuses) otherwise payable in the Plan Year, 

  

	 	(v)	100% of the Participant’s RSUs that would otherwise vest in the next Plan Year under the SIP, but none of any other portion of Compensation relating to an IP Award (and also
excluding dividend equivalents payable under the SIP on nonvested RSUs), and 

  

	 	(vi)	100% of the Participant’s Commissions that are earned and would otherwise be payable in the Plan Year. 

  

	 	(e)	Deferral Limitations for Springing Eligible Employees. Eligible Employees who are Springing Eligible Employees pursuant to Section 2.1(x)(4) may defer base salary,
Commissions and EBP Bonuses only, and shall not be eligible to defer Bonuses (other than EBP Bonuses) and RSUs during the Plan Year following the Plan Year in which they became Springing Eligible Employees. In addition, Eligible Employees who are
Springing Eligible Employees pursuant to Section 2.1(x)(4) and who attain such status in December of a given Plan Year may defer base salary and Commissions only, and shall not be eligible to defer EBP Bonuses, Bonuses and RSUs during the Plan
Year following the Plan Year in which they become Springing Eligible Employees. 

  

	 	(f)	Withholding on Deferrals. Amounts deferred pursuant to a Participant’s Deferral Election shall be credited to a Participant’s Account as soon as administratively
convenient after such amount would otherwise have been paid to the Participant. The amount credited to the Account (except for deferred RSUs) shall be net of any applicable withholding for taxes. At the discretion of the Company, any amounts
required to be withheld for taxes with respect to deferred RSUs may be withheld from the deferred RSUs or from other cash compensation of the Participant or may be satisfied by such other means as the Committee may permit on a case-by-case basis.

  

 13 

	 	(g)	Limit on Deferral Elections After Hardship Distribution. Notwithstanding any other provision of this Section 4.1 to the contrary, if a Participant in this Plan takes a
hardship distribution from the EDS 401(k) Plan, then the Participant must cease to make any deferrals under this Plan for a period that commences with and is equal in length to the period the Participant must cease making elective deferrals under
the EDS 401(k) Plan. 

  

	 	(h)	Permitted Deferral Elections for the 2003 Plan Year. Notwithstanding anything in this Section 4.1 or any other provision of this Plan to the contrary, effective for the
Plan Year beginning January 1, 2003 only, Deferral Elections shall not be permitted for Bonuses, EBP Bonuses payable in cash, EBP Bonuses payable in Common Stock, RSUs, and any amounts of Compensation payable in cash or Common Stock.
Accordingly, for the 2003 Plan Year, separate Deferral Elections may only be made for base salary and Commissions, and such Deferral Elections shall be subject to the maximum amounts set forth in Sections 4.1(d)(i) and (vi), respectively. Effective
January 1, 2004, this Section 4.1(h) shall no longer apply. 

  

	 	(i)	In the event that the Stock Equivalent rate of return is eliminated pursuant to Section 4.4(c), then the Managing Director, Global Compensation and Benefits may, in his sole
discretion, eliminate one or more of the forms of compensation that are identified under Section 4.1(d) as eligible for a Deferral Election. 

  

	4.2	Accounting for Deferred Compensation. The Committee shall maintain an Account in the name of each Participant. The value of each Account shall be adjusted as of each
Valuation Date to reflect the deferred Compensation credited thereto, the rate of return credited (or charged) to such Account, and any amounts distributed or withdrawn from such Account since the most recent prior Valuation Date. In the sole
discretion of the Committee, one or more sub-Accounts may be established for each Participant to facilitate recordkeeping convenience and accuracy. 

 Establishment and maintenance of Accounts hereunder shall not be construed as giving any person any interest in assets of the Company or an Affiliate, or a right to payment other than as provided hereunder. An Account
shall be maintained until all amounts credited to such Account have been withdrawn, distributed, forfeited, or otherwise extinguished in accordance with the terms and provisions of this Plan. 
  

	4.3	Additional Credits. 

  

	 	(a)	Deemed Limit Credit. A Participant’s Account shall be eligible to be credited each Plan Year with an amount (“Deemed Limit Credit”) equal to 1.5% of the
amount, if any, by which the Participant’s Compensation exceeds the Section 401(a)(17) Limitation for such Plan Year. Deemed Limit Credits (net of applicable withholding for taxes) will be credited to a Participant’s Account for a
Plan Year only to the extent the Participant has deferred in such Plan Year for immediate allocation to the Stock Equivalent Portion of his Account Compensation (not including any RSUs) in an amount at least equal to the amount

  

 14 

 of the Deemed Limit Credit. Deemed Limit Credits, if made, shall be credited as of the last day of the
Plan Year, and only if the Participant is an Eligible Employee as defined in Section 2.1(x), but determined as of the last day of the Plan Year instead of as of the Eligibility Date; provided, however, that this last day of the Plan Year
eligibility requirement shall not apply to any Participant who is not an Eligible Employee as of the last day of the Plan Year solely because (i) he or she is a U.S. citizen who is residing (whether permanently or temporarily) outside the
United States, or (ii) as of the last day of the Plan Year, he or she does not meet the income threshold for Eligible Employee status set forth in Section 2.1(x)(2). 
  

	 	(b)	Match of Amounts Deferred into Stock. A Participant’s Account shall be credited each Plan Year with an amount (“Match”) based on the amount of Bonus and
Matchable Compensation (as defined below) deferred in such Plan Year with respect to which the Participant immediately elects the Stock Equivalent rate of return. The amount of the Match shall equal 25% of the sum of (i) the amount of the Bonus
so deferred (up to a maximum deferral of 25% of the pre-deferral Bonus) plus (ii) the amount of deferred Matchable Compensation (up to a maximum deferral of 15% of the pre-deferral amount of Matchable Compensation). “Matchable
Compensation” for this purpose shall be Compensation (other than RSUs or Bonuses and other than amounts arising under a plan or agreement providing for payment (as opposed to acceleration) of amounts in the event of a Change of Control). Such
Match (net of applicable withholding for taxes) shall be credited to the Participant’s Account as of the last day of the Plan Year, and only if the Participant is an Eligible Employee as defined in Section 2.1(x), but determined as of the
last day of the Plan Year instead of as of the Eligibility Date; provided, however, that this last day of the Plan Year eligibility requirement shall not apply to any Participant who is not an Eligible Employee as of the last day of the Plan Year
solely because (i) he or she is a U.S. citizen who is residing (whether permanently or temporarily) outside the United States, or (ii) as of the last day of the Plan Year, he or she does not meet the income threshold for Eligible
Employee status set forth in Section 2.1(x)(2). Effective January 1, 2005, no further Match credits shall be made under this Section 4.3(b) to any Participant’s Account 

  

	 	(c)	Discretionary Additional Credits. At the discretion of the Committee, which may be exercised on a case by case basis, the Stock Equivalent Portion of a Participant’s
Account may be credited from time to time with additional credits in the form of any number of deferred stock units. 

  

	 	(i)	Such discretionary additional credits shall be subject to such vesting and other conditions (including but not limited to conditions regarding distributions and treatment of
Dividend Equivalents) as the Committee may impose. 

  

 15 

	 	(ii)	At the discretion of the Committee, Cash Dividend Equivalents may either be paid in cash with respect to a Participant’s discretionary additional credits at the same time as
dividends are paid on Common Stock or credited to the Stock Equivalent Portion of the Participant’s Account. Notwithstanding the foregoing, in the event an extraordinary dividend (whether payable in cash or other property) is declared on Common
Stock, the Committee may, in its discretion, provide that the Dividend Equivalent of such extraordinary dividend shall be credited to the Stock Equivalent Portion of each Participant’s Account in lieu of being paid as a Cash Dividend
Equivalent. 

  

	 	(iii)	The Committee may, but need not, prohibit a Participant from making changes in distribution options under Section 5.3 or electing In-Service Distributions under
Section 5.4 or Early Distributions under Section 5.5 with respect to discretionary additional credits under this Section 4.3(c). 

  

	 	(iv)	At the discretion of the Company, any amounts required to be withheld for taxes (including but not limited to FICA) with respect to discretionary additional credits and related
Dividend Equivalents may be withheld from the discretionary additional credits or from other cash compensation of the Participant, or may be satisfied by such other means as the Company may permit on a case by case basis. 

 

	 	(v)	Notwithstanding any of the provisions of the Plan to the contrary, the 233,000 deferred stock units awarded as discretionary additional credits by the Committee on December 4,
2001, to Richard H. Brown (“Mr. Brown”) shall not be subject to the vesting, timing of distribution and other rights and restrictions set forth in this Plan. Instead, such 233,000 deferred stock units shall be subject to the same
vesting, timing of distribution and other rights and restrictions as existed under the Employment Agreement between Electronic Data Systems Corporation and Richard H. Brown, dated January 1, 1999, and the two Restricted Stock Unit Award
Agreements, both dated December 10, 1998, pursuant to which such restricted stock units were granted to Mr. Brown. 

  

	 	(vi)	Notwithstanding any of the provisions of the Plan to the contrary, the 16,666 deferred stock units awarded as discretionary additional credits by the Committee on December 4,
2001, to James E. Daley (“Mr. Daley”) shall not be subject to the vesting, timing of distribution and other rights and restrictions set forth in this Plan. Instead, such 16,666 deferred stock units shall be subject to the same vesting,
timing of distribution and other rights and restrictions as existed under the Summary of Principal Terms of Employment Agreement between James E. Daley and EDS, and the Restricted Stock Unit Award Agreement, dated March 8, 1999, pursuant to
which such restricted stock units were granted to Mr. Daley. 

  

 16 

	 	(vii)	Notwithstanding the vesting schedule set forth in those Awards of Additional Credit Under the EDS Executive Deferral Plan granted effective February 10, 2003 by the Committee
to certain Participants employed by A.T. Kearney, Inc. (the “Awards”), all unvested deferred stock units granted under such Awards shall, except as provided in the last sentence of this Section 4.3(c)(vii), completely vest on
(i) the closing of the transaction pursuant to which A.T. Kearney, Inc. ceases to be an Affiliate (the “A.T. Kearney Transaction Closing”) for those Award holders who are employed by A.T. Kearney, Inc. in any of its business
operations other than the executive search business or the management, maintenance, repair and operations business at the time of the A.T. Kearney Transaction Closing or (ii) the closing of the sale of the A.T. Kearney, Inc. executive
search business (the “Executive Search Closing”) for those Award holders who are A.T. Kearney, Inc. executive search employees at the time of the Executive Search Closing. Notwithstanding anything to the contrary in the terms of the
Awards, such vested deferred stock units shall be distributed on the date of the A.T. Kearney Transaction Closing or the Executive Search Closing, as applicable (or in accordance with the terms of the Plan in the case of those Award holders who
elected under the Award to defer the distribution of the vested deferred stock units until after separation from service) provided that if there is a delay in such distribution for administrative or any other reasons, the distribution shall not be
delayed beyond the last day permitted under Section 409A for treating a delayed payment as having been made on the date of the A.T. Kearney Transaction Closing or the Executive Search Closing, as applicable, or other applicable distribution
date specified under the Plan. For purposes of those vested deferred stock units that are distributable as of the date of the A.T. Kearney Transaction Closing or the Executive Search Closing pursuant to the foregoing, the Valuation Date shall be the
date of the A.T. Kearney Transaction Closing or the Executive Search Closing, as applicable. This Section 4.3(c)(vii) shall not apply to John Egan. 

  

	 	(d)	All Match amounts shall only be credited to the Stock Equivalent Portion of a Participant’s Account. 

  

	4.4	Rates of Return. 

  

	 	(a)	Alternative Rates of Return. Subject to Section 4.4(b), each Participant may elect either a “Fixed-Income Equivalent” or a “Stock Equivalent” rate of
return for all or any portion of his Account (the “Fixed-Income Equivalent Portion” and “Stock Equivalent Portion,” respectively) by filing an appropriate election with the Committee. 

  

	 	(i)	Fixed Income Equivalent. The Fixed-Income Equivalent rate of return shall be the 30-year U.S. Treasury bond yield rate as published in the Wall Street Journal on
the first business day of September of the prior Plan Year, plus 50 basis points. 

  

 17 

	 	(ii)	Stock Equivalent. Amounts credited to the Stock Equivalent Portion of a Participant’s Account shall be denominated in stock units. The number of stock units shall be the
sum of: 

  

	 	(1)	the number of RSUs deferred under the Plan, net of applicable taxes (if any) withheld from the deferred RSUs themselves, plus 

  

	 	(2)	the number (including fractions of an integer) determined by dividing (x) the value of any amount (other than RSUs) credited to the Stock Equivalent Portion of a
Participant’s Account, valued at its fair market value (as determined by the Committee) on the date it is so credited, net of any applicable taxes withheld, by (y) the Fair Market Value of a share of Common Stock on such date.

 Each stock unit shall have a value equal to one share of Common Stock. The number of stock units deemed credited to the
Stock Equivalent Portion of a Participant’s Account shall be subject to such equitable adjustment in the event of a stock dividend, stock split, share combination, spinoff, reorganization, recapitalization, merger or other transaction involving
the Company as the Committee determines to be appropriate, subject to the overall limitation on shares available under the Plan. As of the ex-dividend date of any cash dividend declared on Common Stock, the Dividend Equivalent attributable thereto
shall automatically be credited to the Stock Equivalent Portion of each Participant’s Account, unless the Participant is to receive Cash Dividend Equivalents with respect to deferred stock units credited to the Participant’s Account as
discretionary additional credits under Section 4.3(c), in which case the Cash Dividend Equivalents with respect to such deferred stock units shall be paid to the Participant in cash, subject to applicable withholding. 
  

	 	(b)	Electing and Changing Rates of Return. Deferred RSUs and Additional Credits shall always receive the Stock Equivalent rate of return. At the time a Deferral Election is
filed, a Participant shall specify the percentage of other deferred Compensation for the next Plan Year that shall be allocated to the Fixed-Income Equivalent Portion of the Participant’s Account and the percentage thereof that shall be
allocated to the Stock Equivalent Portion of the Participant’s Account. A Participant may elect the Stock Equivalent rate of return for future periods with respect to all or any portion of the Fixed-Income Equivalent Portion of his Account,
effective as of the first day of the month immediately following the date the election is filed with the Committee. (No change shall be permitted from the Stock Equivalent rate of return to the Fixed-Income Equivalent rate of return.)
Notwithstanding the preceding, the Committee may postpone until after such period any transfer which would otherwise be made in a period in which the Participant would be prohibited (by Company policy or 

  

 18 

 otherwise) from acquiring or disposing of equity securities of an Employer. If a Participant fails to
specify a rate of return upon filing his Deferral Election, amounts deferred pursuant to such Deferral Election shall be credited with the Stock Equivalent rate of return. The Beneficiary of a Participant who has died shall have the same
right as the Participant to elect the rate of return for the respective Account (or portion of an Account). 
  

	 	(c)	Authority to Eliminate Stock Equivalent Rate of Return. The Managing Director, Global Compensation and Benefits may, in his sole discretion, eliminate the Stock Equivalent
rate of return provided by this Section 4.4 in the event he determines that it is necessary to eliminate such rate of return in order to maintain the Plan’s grandfathered status under the New York Stock Exchange’s shareholder approval
requirements for equity compensation plans (the “NYSE Shareholder Approval Requirements”). In the event that the Stock Equivalent rate of return is eliminated under this Section 4.4(c), any references in this Plan to the Stock
Equivalent Portion of a Participant’s Account after the date on which the Stock Equivalent rate of return is eliminated shall, to the extent permitted by the NYSE Shareholder Approval Requirements or a reasonable interpretation thereof, mean
the number of stock units credited to the Stock Equivalent Portion of a Participant’s Account on the date of elimination. In such a case, no amounts (including Dividend Equivalents) shall be credited to the Stock Equivalent Portion of a
Participant’s Account after the date of elimination. Instead, all deferral amounts, Additional Credits and any dividends declared on shares of Common Stock that are represented by units in the Stock Equivalent Portion of a Participant’s
Account shall be credited to the Fixed-Income Equivalent Portion of the Participant’s Account starting on the day after the date the Stock Equivalent rate of return is eliminated. 

 ARTICLE V 
 DISTRIBUTION OF BENEFITS

  

	5.1	Time and Form of Distribution; Withholding. Simultaneously with making the initial Deferral Election, a Participant shall elect, on a form permitted by and delivered to the
Committee, one of the following distribution methods for payment of the vested portion of the Participant’s Account: 

  

	 	(a)	a single lump sum, or 

  

	 	(b)	annual installments over a period, not exceeding ten (10) years, elected by the Participant, with the amount of each annual installment (prior to the last) being the balance of
the Participant’s Account subject to this distribution option as of the first business day of the calendar year in which such annual installment is paid divided by the number of installments (including the current installment) remaining to be
paid, and with the last installment being the balance of the Participant’s Account subject to distribution. 

  

 19 

 Unless otherwise elected by a Participant, the lump sum payment or the first installment payment shall be
made in January of the calendar year following the calendar year in which the Participant’s employment terminates (or, if earlier, begins to receive payments under the Employer’s long-term disability plan) (“Commencement Date”),
and any remaining installment payments shall be made in January of each successive year until payments are completed. The Participant may defer the lump sum payment or the first installment payment past the January of the calendar year following the
calendar year in which the Participant’s employment terminates (or past the date the Participant begins to receive payments under the Employer’s long-term disability plan) by so electing on the form on which the Participant makes his or
her distribution election. If the Participant fails to elect a distribution option, distribution shall be made in a lump sum on the Commencement Date. Distribution shall be subject to withholding for applicable taxes. For purposes of the Plan, a
termination of employment occurs when the Employee is no longer employed by the Company, a Participating Employer or any member of a “controlled group of corporations” (as such term is defined in Code Section 414(b)) in which the
Company is a member. A termination of employment is effective on the date recorded in the terminating employer’s payroll records. 
 The
Committee may change the timing and forms of payment available hereunder. In making any such changes, the Committee shall take into account constructive receipt considerations. 
  

	5.2	Restrictions on Distribution of Deferred RSUs. Deferred RSUs and any returns credited thereto shall not be distributed and shall be subject to forfeiture for a period
(“Restricted Period”) commencing on the date the deferred RSUs are credited to the Participant’s Account, and ending on the first anniversary of the last day of the Plan Year in which such deferred RSUs are so credited. Thereafter,
deferred RSUs shall be fully vested and nonforfeitable. Restricted deferred RSUs shall be forfeited (or if distributed, subject to repayment) if the Committee, in its discretion, upon consideration of the facts and circumstances and any advice or
recommendation of the Employer, finds at any time that Cause existed during the Restricted Period. Deferred RSUs (and any returns credited thereto) which would otherwise have been distributed during the Restricted Period shall be distributed as soon
as administratively convenient after the end of the Restricted Period. 

  

	5.3	Changes in Distribution Options. A Participant may change a previously elected form of distribution, including selecting a later commencement date, by filing an election with
the Committee in a form permitted by the Committee; provided, however, that no election shall be effective which extends the date of final distribution beyond the ninth anniversary of the Commencement Date; and provided further, that any change in a
Participant’s distribution option will become effective solely with respect to distributions made after more than twelve months have elapsed after the date the election to change the distribution option is filed with the Committee. The form of
distribution on a Participant’s termination of employment shall therefore be determined by the most recent distribution option election that meets the foregoing requirement, except as provided in Sections 5.2, 5.5 and 5.6.

  

 20 

	5.4	In-Service Distributions. At the time a Participant makes a Deferral Election with respect to any amounts of future Compensation for a particular Plan Year, then, at the time
of such Deferral Election, the Participant may also make an irrevocable election to have any of such deferrals made to the Participant’s Account (other than RSUs and Additional Credits) distributed to the Participant (except to any Participant
who in the tax year of distribution is a “covered employee” as defined by Code section 162(m)) no sooner than the first administratively practicable day of the third Plan Year following the Plan Year for which the Deferral Election is
made. Distribution shall be subject to withholding for applicable taxes. 

  

	 	(a)	Notwithstanding the provisions of this section, any Participant, who as of a Commencement Date, is a “covered employee” as defined by Code Section 162(m), shall not
receive a distribution in accordance with any Deferral Election made pursuant to this Section 5.4, but shall instead receive such distribution in the January of the first Plan Year in which such Participant is no longer a “covered
employee.” 

  

	 	(b)	Any amounts distributed in accordance with this section shall be in either of the following forms as properly elected by the Participant: 

  

	 	(i)	single lump sum, or 

  

	 	(ii)	annual installments over a period, not exceeding 10 years, elected by the Participant, with the amount of each annual installment (prior to the last) being the balance of the
Participant’s Account subject to this distribution option as of the first business day of the calendar year in which such annual installment is paid divided by the number of installments (including the current installment) remaining to be paid,
and with the last installment being the balance of the Participant’s Account subject to distribution. 

  

	 	(c)	If any Participant should die or terminate service before the Commencement Date of amounts subject to a Deferral Election made pursuant to this section, then such Deferral Election
shall be void and the Deferral Election made in accordance with Section 5.1 shall be controlling. 

  

	5.5	Early Distributions. The Committee, and upon application of a Participant, may direct distribution, prior to the Commencement Date either during employment or after
employment terminates, of such portion of the Participant’s vested Account attributable to deferred Compensation (but not amounts attributable to Additional Credits or, during the applicable Restricted Period, amounts attributable to RSUs) as
the Participant may request. The amount distributable shall be 90% of the amount requested by the Participant. The remaining 10% shall be permanently forfeited by the Participant. 

  

	5.6	Small Account Balances. If for any reason, at any time after a Participant’s employment terminates, the vested balance of a Participant’s Account (or portion of an
Account payable to a single Beneficiary) is less than $15,000, then notwithstanding the foregoing 

  

 21 

 provisions of this Article V or any Participant’s election to the contrary, the Participant’s
Account (or such portion) shall be distributed in a single lump sum as soon as practicable following the end of the month in which the Participant’s employment terminates, subject to Section 5.2. 
  

	5.7	Form of Payment. The Stock Equivalent Portion of a Participant’s Account shall be distributed in shares of Common Stock (subject to the aggregate limitation on shares
available under the Plan). For this purpose, 7,650,000 shares of Common Stock are reserved for delivery hereunder. Such shares may be newly-issued shares, treasury shares, or shares acquired on the open market. All other benefits under this Plan
shall be paid by negotiable check or other cash equivalent from the trust (if any) or other general funds of the Employer. 

 In
the event of any stock dividend, stock split, share combination, spinoff, reorganization, recapitalization, merger or other transaction involving the Company, the number of shares of Common Stock reserved under this Plan shall be adjusted by the
Board, in its discretion, as the Board deems appropriate to reflect such transaction. 
  

	5.8	Death of a Participant. In the event of the death of a Participant prior to distribution of all amounts otherwise payable to the Participant hereunder, the Participant’s
Beneficiary or Beneficiaries shall be entitled to distribution of all vested amounts credited to the Participant’s Account, in the method such amounts would have been paid to the Participant, provided that, if for any reason the distributee of
benefits is an estate, the Committee in its sole discretion may pay to the estate in a single lump sum the entire balance of the Account that is distributable to the estate. Each Participant may designate a Beneficiary or Beneficiaries to receive
payment of his benefits under this Plan in the event of his death, and may revoke or change such designation, in accordance with such procedures as the Committee shall promulgate. A Participant may revoke his designation of Beneficiary (without the
consent of any Beneficiary) and make a new designation of Beneficiary by filing a new form with the Committee. A properly completed and executed change in a designation of Beneficiary shall take effect immediately upon being filed with the Committee
during the Participant’s lifetime. If upon a Participant’s death no valid designation of Beneficiary is on file with the Committee, or if a Beneficiary dies before payments are completed and there are no living contingent or successive
Beneficiaries, then any remaining payments under this Plan shall be made (1) to the Participant’s surviving spouse, if any, or (2) if there is no surviving spouse, then to the Participant’s estate. 

  

	5.9	Spousal Claims. Any claim against benefits hereunder for child support, spousal maintenance or alimony shall be processed hereunder in the same manner as would a claim for
corresponding benefits under the EDS 401(k) Plan. Such claim shall be administered by the claims administrators of the EDS 401(k) Plan. Any benefits assigned pursuant to a claim approved by the claims administrators of the EDS 401(k) Plan under this
Section 5.9 shall be paid to the assignee as soon as administratively practicable after the claim has been approved by such claims administrators. 

  

 22 

	5.10	Postponed Distributions. Notwithstanding the preceding sections of this Article V, the Committee may postpone until after such period any distribution which would
otherwise be made in a period in which the Participant would be prohibited (by Company policy or otherwise) from acquiring or disposing of equity securities of an Employer. 

  

	5.11	Claims for Benefits. In the event that a Participant or Beneficiary claims to be eligible for benefits, or claims any rights hereunder, the Participant or Beneficiary must
complete and submit such claims forms and supporting documentation as shall be required by the Committee, in its sole discretion. The Committee shall decide each claim and give the person making the claim (a “Claimant”) written notice of
the disposition of the claim within 90 days after the claim is filed. If the Committee denies a claim, the notice of denial shall be in writing, shall contain the specific reason or reasons for the denial of the claim, shall contain a specific
reference to the pertinent Plan provisions upon which the denial is based, shall contain a description of any additional material or information necessary for the claimant to perfect the claim along with an explanation why such material or
information is necessary, and shall contain an explanation of these claims review procedures. 

 Within 60 days after receipt by
the Claimant of a written notice of denial of a claim, the Claimant may file a written request with the Committee for a full and fair review of the denial of the claim for benefits. In connection with a Claimant’s appeal of the denial of the
benefit, the Claimant may review pertinent documents and may submit issues and comments in writing. The Committee shall deliver to the Claimant a written decision on the claim promptly, but not later than sixty (60) days after the
Claimant’s request for review. Such decision shall be written in a manner calculated to be understood by the Claimant, shall include specific reasons for the decision, and shall contain specific references to the pertinent Plan provisions upon
which the decision is based. The decision of the Committee on appeal shall be final, conclusive and binding on all persons. 
  

	5.12	Withholding. A Participant’s Employer or the Company shall have the right to deduct applicable taxes (including, but not limited to FICA) from amounts deferred pursuant
to an Eligible Employee’s Deferral Election and from any amounts payable hereunder to a Participant or Beneficiary and from amounts otherwise subject to any tax, and to withhold an appropriate amount of cash or a number of shares of Common
Stock or a combination thereof for payment of taxes or to take such other action as may be necessary in the opinion of the Employer or the Company to satisfy all obligations for withholding of such taxes. The Committee may also permit withholding to
be satisfied by the transfer to the Company of cash, shares of Common Stock, or other property theretofore owned by the Participant or Beneficiary. 

 Notwithstanding anything in this Section 5.12 or any other provision of this Plan to the contrary, in the event that the Stock Equivalent rate of return is eliminated pursuant to the provisions of
Section 4.4(c), then effective on the date of such elimination, shares of Common Stock may not be used to satisfy any withholding obligations except to the extent permitted by the NYSE Shareholder Approval Requirements or a reasonable
interpretation thereof. 
  

 23 

	5.13	Facility of Payment. In the event any distribution is payable under this Plan to a minor or other individual who is legally, physically or mentally incompetent to receive
such payment, the Committee in its sole discretion shall pay such benefits to one or more of the following persons: 

  

	 	(a)	Directly to such minor or other person; 

  

	 	(b)	To the legal guardian or conservator of such minor or other person; 

  

	 	(c)	To the spouse, parent, brother, sister, child or other relative of such minor or other person for the use of such minor or other person; or 

  

	 	(d)	To such other person as the Committee deems appropriate. 

 The Committee shall not be required to see to the application of any distribution so made to any of such persons, but the receipt therefor shall be a full discharge of the liability of the Plan, the Committee, the Employers, and the trustee
(if any) to such minor or other person. 
  

	5.14	Waiver and Release. The Committee may condition the payment of some or all benefits hereunder on the Participant’s entering into a binding release and waiver in such
form as the Committee shall permit. 

 ARTICLE VI 
 PAYMENT LIMITATIONS 
  

	6.1	Assignment. No Participant or Beneficiary of a Participant shall have any right to assign, pledge, hypothecate, anticipate or any way create a lien on any amounts payable
hereunder. No amounts payable hereunder shall be subject to assignment or transfer or otherwise be alienable, either by voluntary or involuntary act, or by operation of law, or subject to attachment, execution, garnishment, sequestration or other
seizure under any legal, equitable or other process, or be liable in any way for the debts or defaults of Participants and their Beneficiaries. 

  

	6.2	Change of Control. Upon the first event constituting a part of the Change of Control (“CIC Event”): 

  

	 	(a)	the members of the Board serving immediately prior to the CIC Event may, in their sole and absolute discretion, direct the Committee to distribute all amounts credited to the
Accounts of Participants in a single lump sum payment to each Participant, net of investment charges, surrender charges, etc., following which the Plan shall terminate; 

  

 24 

	 	(b)	no changes shall be made to any provisions of this Plan in effect immediately prior to the CIC Event and no new provisions shall be promulgated; and 

  

	 	(c)	Plan amendments shall be subject to the last sentence of Section 10.1. 

 ARTICLE VII 
 FUNDING AND EXPENSES 
  

	7.1	Funding. Benefits under this Plan shall be funded solely by the Company and its Affiliates. Benefits hereunder shall constitute an unfunded general obligation of each
Participant’s respective Employer. In the event a Participant has been employed by more than one Employer, benefits hereunder shall constitute an unfunded general obligation of the Participant’s most recent Employer. All payments under
this Plan shall be deemed made by the Participant’s Employer from general assets available to all unsecured creditors of the Employer in the event of its insolvency. Each Participant has merely the status of a general unsecured creditor of his
Employer. 

 Notwithstanding the foregoing, the Company and the Employers may, but need not create for purposes of this Plan a
trust of the type commonly referred to as a “rabbi” trust, which may, but need not, be in substantial conformity to the terms of the model trust published by the Internal Revenue Service in Rev. Proc. 92-64 or any successor thereto. The
Employer may transfer assets to the trustee of such trust to hold and to make distributions under this Plan on behalf of the Employers. The assets so held in trust shall remain the general assets of the Employers, which are the grantors under the
trust. The rights of Participants and their Beneficiaries under this Plan and the trust shall be exclusively unsecured contractual rights. No Participant or Beneficiary shall have any right, title or interest whatsoever in the trust. 
  

	7.2	Creditor Status. A Participant and his Beneficiary or Beneficiaries shall be general creditors of the Participant’s Employer with respect to the payment of any benefit
under this Plan, unless such benefits are provided under a contract of insurance or an annuity contract that has been delivered to the Participant, in which case the Participant and his Beneficiary or Beneficiaries shall look to the insurance
carrier or annuity provider for payment, and not to the Employer or any Affiliate. The Employer’s or Affiliate’s obligation for such benefit shall be discharged by the purchase and delivery of such annuity or insurance contract.

  

	7.3	Expenses. The expenses of administering the Plan shall be borne by the Employers, provided that, prior to a CIC Event, the Committee may direct that assets of the trust, if
any, shall be applied to pay such expenses. 

  

 25 

 ARTICLE VIII 
 ADMINISTRATION 
  

	8.1	Committee. Except for rights and powers expressly reserved to the Board or the Company, the Plan will be administered by the Committee. 

  

	8.2	Committee Powers. The Committee shall have the power and authority in its sole and absolute discretion: 

  

	 	(a)	To construe and interpret the Plan, determine the application of the Plan to situations where such application is unclear or disputable, to resolve all questions arising under the
Plan (including questions of fact) and make equitable adjustments for any mistakes or errors made in the administration of the Plan; provided that individual exceptions to the provisions of the Plan shall not be permitted; 

 

	 	(b)	To determine all questions arising in the administration of the Plan, including the power to determine the status of individuals as Eligible Employees, the rights of Participants
and their beneficiaries and the amount of their respective benefits and such determination, interpretation or other action shall be final and binding for all purposes and upon all persons; 

  

	 	(c)	To adopt, amend and rescind such rules, regulations and forms as it may deem necessary for the proper and efficient administration of the Plan consistent with its purposes, which
rules may permit case-by-case determinations; 

  

	 	(d)	To enforce and administer the Plan in accordance with its terms and the rules, regulations and forms it adopts; to appoint a plan administrator and to delegate to the plan
administrator such administrative duties as the Committee shall deem appropriate; 

  

	 	(e)	To take such action and establish such procedures as it deems necessary or appropriate to coordinate deferrals and benefits under this Plan and any other plan;

  

	 	(f)	To select, monitor and prospectively change the rates of return to be credited under the Plan; 

  

	 	(g)	To take such action and establish such procedures as it deems necessary or appropriate to implement Participant elections and designations of rates of return, and to coordinate the
Employers’ actions, if any, taken to reduce or eliminate the Employers’ exposure to market fluctuations; 

  

	 	(h)	To direct the appropriate person to make payments from the Plan; 

  

 26 

	 	(i)	To employ such counsel, auditors, actuaries, or other specialists (who may be counsel, auditors, actuaries or other specialists for the Company) and to engage such clerical or other
services to the extent such services are not provided by the Company; 

  

	 	(j)	To maintain records concerning the Plan sufficient to prepare reports, returns and other information required by the Plan or by law, and to communicate the terms of the Plan and any
material amendments thereto to the Eligible Employees and Participants; 

  

	 	(k)	To delegate such of its powers and authorities (including the power and authority to delegate) to such person or persons, with his, her, its or their consent, as the Committee may
appoint; and 

  

	 	(l)	To do all other things the Committee deems necessary or desirable for the advantageous administration of the Plan and to make the Plan fully effective in accordance with its terms
and intent. 

  

	8.2	Receipt and Release of Necessary Information. In implementing the terms of this Plan, the Committee may, without the consent of or notice to any person, release to or obtain
from any other organization or person any information, with respect to any person, which the Committee deems to be necessary for such purposes. Any Participant or Beneficiary claiming benefits under this Plan shall furnish to the Committee such
information as may be necessary to determine eligibility for and amount of benefit, as a condition of claiming and receiving such benefit. 

  

	8.3	Overpayment and Underpayment of Benefits. The Committee may adopt, in its sole discretion, whatever rules, procedures and accounting practices are appropriate in providing
for the collection of any overpayment of benefits. If a Participant or Beneficiary receives an underpayment of benefits, the Committee shall direct that immediate payment be made to make up for the underpayment. If an overpayment is made to a
Participant or Beneficiary, for whatever reason, the Committee may, in its sole discretion, withhold payment of any further benefits under the Plan until the overpayment has been collected or may require repayment of benefits paid under this Plan
without regard to further benefits to which the Participant or Beneficiary may be entitled. 

 ARTICLE IX 
 OTHER BENEFIT PLANS OF AN EMPLOYER 
  

	9.1	Other Plans. Nothing contained in this Plan shall prevent a Participant prior to his death, or his Beneficiary after his death, from receiving, in addition to any payments
provided for under this Plan, any payments provided for under any other plan or benefit program of an Employer, or which would otherwise be payable or distributable to the Participant or Beneficiary under any plan or policy of an Employer or
otherwise. Nothing in this Plan shall be construed as preventing the Company or any Affiliate from establishing any 

  

 27 

 other or different plans providing for current or deferred compensation for employees. Benefits provided
under this Plan shall not constitute pensionable earnings for purposes of determining contributions or benefits under any plan of the Company intended to “qualify” under Section 401 of the Code, unless specifically provided otherwise
in such plan. 
 ARTICLE X 
 AMENDMENT AND TERMINATION OF THE PLAN 
  

	10.1	Amendment and Termination. The Committee may amend or terminate this Plan at any time and in its sole discretion, by (and only by) written resolution. Any such amendment or
termination shall be binding on the Employers and all Participants and their Beneficiaries, even though it may be retroactive and applicable to Participants whose employment by the Company or an Employer has terminated. However, no amendment or
termination of the Plan shall adversely affect the right of a Participant to payment of a benefit to which the Participant would be entitled (then or thereafter) under the terms of the Plan if the Participant’s employment terminated immediately
before the adoption of such amendment or termination of the Plan, unless such amendment or termination of the Plan in the reasonable judgment of the Committee is required to comply with applicable law or to preserve the tax treatment of benefits
under this Plan for the Employers or for the Participant, or is consented to by the affected Participant. Following the occurrence of a CIC Event, no amendment of the Plan may be made without the written consent of the Board, except for amendments
necessary to comply with applicable law. 

  

	10.2	Continuation. The Company intends to continue this Plan indefinitely, but nevertheless assumes no contractual obligation beyond the promise to pay the benefits described in
this Plan to its Employees. 

 ARTICLE XI 
 MISCELLANEOUS 
  

	11.1	No Reduction of Employer Rights. Nothing contained in this Plan shall be construed as a contract of employment between the Company or any Affiliate and an employee, or as a
right of any person to be continued in the employment of the Company or any Affiliate, or as a limitation of the right of the Company or an Affiliate to discharge any of its employees, with or without cause. 

  

	11.2	Indemnification. The Company hereby indemnifies each member of the Committee and each employee who is delegated responsibilities under the Plan against any and all
liabilities and expenses, including attorney’s fees, actually and reasonably incurred by them in connection with any threatened, pending or completed legal action or judicial or administrative proceeding to which they may be a party, or may be
threatened to be made a party, by reason of membership on such Committee or due to a delegation of responsibilities, except with regard to any matters as to which they shall be adjudged in such action or proceeding to be liable for gross negligence
or willful misconduct in connection therewith. 

  

 28 

	11.3	Successors. All obligations of an Employer under this Plan shall be binding on any successor to such Employer, whether the existence of such successor is the result of a
direct or indirect purchase, merger, consolidation, or otherwise, of all or substantially all of the business and/or assets of the Employer. 

 IN WITNESS WHEREOF, the Company has caused this instrument to be executed this      day of             , 2001. 

 

			
	ELECTRONIC DATA SYSTEMS CORPORATION
		
	By:	 	  

		 	Michael E. Paolucci, Managing Director of
		 	Global Compensation and Benefits

  

 29 

 EDS EXECUTIVE DEFERRAL PLAN 
 Appendix A 
 List of Participating Employers 
 Electronic Data Systems Corporation 
 EDS
Global Services, Inc. 
 E.D.S. International Corporation 
 eBreviate, Inc. 
 EDS Resource Management Corporation 
 EDS Information Services, LLC 
 EDS Properties Corporation 
 EDS Technology Services, L. P. 
  

 A-1 

 EDS EXECUTIVE DEFERRAL PLAN 
 Appendix B 
 A. T. Kearney Distinctions 
 A. T. Kearney, Inc. (“A. T. Kearney”) became a Participating Employer in the Plan by action of the Committee at its meeting on October 23,
2000. However, because of different benefits plans and policies, it is not intended that A. T. Kearney employees be provided with identical terms and conditions for participation and deferral under the Plan. Therefore, the distinctions as they apply
to eligible employees of A. T. Kearney are set out in this Appendix B. 
  

	1.	Eligibility. An Employee of A. T. Kearney shall not become an Eligible Employee in accordance with the provisions of Section 2.1(x), but shall instead become an Eligible
Employee only if such Employee meets the eligibility requirements set forth in this Appendix B. An Employee of A. T. Kearney will be an Eligible Employee if, as of the Eligibility Date (as defined in Section 2.1(w) of the Plan), such Employee
is on the U.S. payroll and (i) is eligible to participate in the EBP, or (ii) has a salary payable at a rate equal to or in excess of $170,000 and is designated as a Consulting Officer, Administrative Officer, Executive Search Officer,
Consulting Principal, Administrative Principal, or Executive Search Principal. 

 The $170,000 amount shall automatically be
increased at the same time and by the same amount as the compensation limit under Code Section 401(a)(17) is increased. 
 Any Employee
of A. T. Kearney who satisfies the requirements set forth in this Appendix B to be an Eligible Employee is referred to in this Appendix B as an “ATK Eligible Employee.” 
  

	2.	Definition of Compensation. For any Participant who is an ATK Eligible Employee, the definition of the term “Compensation” in Section 2.1(p) shall not apply.
Instead, for any such ATK Eligible Employee, the term “Compensation” shall mean the total salary or wages, plus bonuses (including performance bonuses which are contractually guaranteed, but excluding other bonuses which are paid under
contractual terms), paid during a Plan Year to the Participant while he or she is a Participant under this Plan (but not including any amount included in Compensation in a prior Plan Year under this Plan or the A. T. Kearney Profit Sharing
and 401(k) Retirement Plan), and any amount that would have been paid to the Participant during such Plan Year but for an election under a plan qualifying under Section 125 of the Code shall also be considered as Compensation for all Plan
purposes. Notwithstanding the preceding sentence, with respect to all ATK Eligible Employees who are Participants in this Plan and who are not Officers or Executive Search Vice Presidents, a performance bonus that is accrued in a calendar year, but
paid to a Participant in the following calendar year shall be included in such Participant’s Compensation in the year in which it is accrued, and not in the year in which it is paid. Notwithstanding the foregoing, Compensation for any ATK
Eligible Employee who is a Participant in this Plan shall not include (i) any awards under the 

  

 B-1 

 1996 Incentive Plan of Electronic Data Systems Corporation (or any predecessor or successor plan), the A.
T. Kearney, Inc. Tenure Award Program, or the A. T. Kearney, Inc. Intellectual Capital Recognition Program, or (ii) any reimbursements, expense allowances or fringe benefits (cash or non-cash) provided to the Participant, including
but not limited to, moving expenses, expatriate allowances, foreign rent payments, government travel allowances, insurance gross-ups, officer physicals, imputed income on group term life insurance, tax preparation and financial planning services,
commissions on sales for the Executive Search consulting group, hardship allowances, cost of living allowances and automobile allowances. 
 Notwithstanding the foregoing, if A. T. Kearney’s Board of Management shall determine before the end of any Plan Year that a particular special non-recurring amount is being paid to or accrued for such Plan Year for one or more ATK
Eligible Employees who are Participants in this Plan, such amount shall not be included in the Compensation of such Participant for purposes of the Plan. 
  

	3.	Deemed Credit Limit. Notwithstanding the provisions of Section 4.3(a) of the Plan to the contrary, any Participant who is an ATK Eligible Employee shall not be eligible
to have any Deemed Limit Credits (as defined in Section 4.3(a) of the Plan) credited to his or her Account during any Plan Year. Provided, however, that any Participant who, by reason of transferring employment from A. T. Kearney to the Company
or other Participating Employer (or by reason of transferring employment from the Company or other Participating Employer to A. T. Kearney), is both an ATK Eligible Employee and an Eligible Employee (as defined in Section 2.1(x) of the Plan)
during a particular Plan Year, shall remain eligible to have Deemed Limit Credits (as defined in Section 4.3(a) of the Plan) credited to his or her Account during such Plan Year. The amount of such Deemed Limit Credits to be credited to such a
Participant’s Account shall be the amount determined under Section 4.3(a) multiplied by a fraction, the numerator of which is the amount of Compensation the Participant received during the Plan Year from the Company or other Participating
Employer, and the denominator of which is the sum of the Compensation the Participant received during the Plan Year from both A. T. Kearney and the Company or other Participating Employer. 

  

	4.	Limit on Deferral Elections After Hardship Distribution. If a Participant who is an ATK Eligible Employee takes a hardship distribution from the A. T. Kearney Profit Sharing
and 401(k) Retirement Plan, then the Participant must cease to make any deferrals under this Plan for a period that commences with and is equal in length to the period the Participant must cease making elective deferrals under the
A. T. Kearney Profit Sharing and 401(k) Retirement Plan. 

  

 B-2

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