Document:

Amended Long-Term Incentive Plan

 Exhibit 10.2 
 First Amendment to 
 Continental Resources, Inc. 

2005 Long-Term Incentive Plan 
 As Amended and Restated as of April 3, 2006 
 WHEREAS,
Continental Resources, Inc., an Oklahoma corporation (the “Company”), has heretofore adopted the Continental Resources, Inc. 2005 Long-Term Incentive Plan, as Amended and Restated as of April 3, 2006 (the “Plan”); and

 WHEREAS, the Company desires to amend the Plan in certain respects; 

NOW, THEREFORE, the Plan shall be amended as follows: 

 

	 	1.	The following new paragraph shall be added to the end of Section 2.7 of the Plan: 

“Notwithstanding the foregoing, with respect to an Award granted on or after the date the Board adopts the First
Amendment to the Plan (the “Adoption Date”), a transaction otherwise described in clause (i) of the preceding sentence shall not include any such transaction in which shares are issued, sold or transferred to an Excluded
Person. For purposes of the preceding sentence, the term “Excluded Person” means: (A) Harold G. Hamm (“Hamm”); (B) Hamm’s spouse; (C) any of Hamm’s lineal descendants; (D) Hamm’s guardian
or other legal representative or Hamm’s estate; (E) any trust of which at least one of the trustees is Hamm, or the principal beneficiaries of which are any one or more of the persons or entities described in clauses (A) through
(D) above; (F) any person or entity which is controlled by any one or more of the persons or entities described in clauses (A) through (E) above; and (G) any group (within the meaning of the Exchange Act and the rules of the
Securities and Exchange Commission thereunder as in effect on the Adoption Date) that includes one or more of the persons or entities described in clauses (A) through (F) above, provided that such persons and entities described in clauses
(A) through (F) above control more than 50% of the voting power of such group.” 
  

	 	2.	As amended hereby, the Plan is specifically ratified and reaffirmed.EX-10.13

 Exhibit 10.13 
 CHICAGO BRIDGE & IRON SAVINGS PLAN 
 As amended and restated as of
January 1, 2013 

 TABLE OF CONTENTS 

 

					
	 	  	PAGE	 
	 ARTICLE I Adoption
	  	 	1	  
	 1.01 Adoption, Amendment and Restatement
	  	 	1	  
		
	 ARTICLE II Definitions
	  	 	2	  
	 2.01 “Account”
	  	 	2	  
	 2.02 “Account Balance”
	  	 	2	  
	 2.03 “Active Account”
	  	 	2	  
	 2.04 “Active Participant”
	  	 	3	  
	 2.05 “Authorized Leave of Absence”
	  	 	3	  
	 2.06 “Beneficiary”
	  	 	3	  
	 2.07 “Board”
	  	 	3	  
	 2.08 “Code”
	  	 	4	  
	 2.09 “Company”
	  	 	4	  
	 2.10 “Company Contributions”
	  	 	4	  
	 2.11 “Company Stock”
	  	 	4	  
	 2.12 “Company Stock Fund”
	  	 	4	  
	 2.13 “Compensation”
	  	 	4	  
	 2.14 “Compensation Limit”
	  	 	6	  
	 2.15 “Disability” or “Disabled”
	  	 	6	  
	 2.16 “Dollar Limit”
	  	 	6	  
	 2.17 “Effective Date”
	  	 	6	  
	 2.18 “Elective Deferrals”
	  	 	7	  
	 2.19 “Eligible Employee”
	  	 	7	  
	 2.20 “Employee”
	  	 	8	  
	 2.21 “Employer” or “Employers”
	  	 	8	  
	 2.22 “Employer Stock”
	  	 	8	  
	 2.23 “ERISA
	  	 	8	  
	 2.24 “Forfeiture”
	  	 	8	  
	 2.25 “Former Plan”
	  	 	8	  
	 2.26 “Hardship”
	  	 	8	  
	 2.27 “Highly Compensated Employee”
	  	 	9	  
	 2.28 “Hour of Service”
	  	 	11	  
	 2.29 “Hourly Plan”
	  	 	11	  
	 2.30 “Inactive Account”
	  	 	11	  
	 2.31 “Investment Committee”
	  	 	11	  
	 2.32 “Investment Fund”
	  	 	12	  
	 2.33 “Investment Manager”
	  	 	12	  
	 2.34 “Matching Contributions”
	  	 	12	  
	 2.35 “Maternity or Paternity Leave”
	  	 	12	  
	 2.36 “Normal Retirement Date”
	  	 	12	  
	 2.37 “Participant”
	  	 	12	  
	 2.38 “Period of Severance”
	  	 	13	  
	 2.39 “Plan”
	  	 	13	  

 TABLE OF CONTENTS 

(continued) 
  

					
	 	  	PAGE	 
	 2.40 “Plan Administrator”
	  	 	13	  
	 2.41 “Plan Year”
	  	 	13	  
	 2.42 “QMAC”
	  	 	13	  
	 2.43 “Qualified Military Leave”
	  	 	13	  
	 2.44 “QNEC”
	  	 	13	  
	 2.45 “Reduction-in-Force Termination”
	  	 	13	  
	 2.46 “Related Company”
	  	 	14	  
	 2.47 “Related Plan”
	  	 	14	  
	 2.48 “Required Distribution Date”
	  	 	14	  
	 2.49 “Restricted Account”
	  	 	14	  
	 2.50 “Retirement”
	  	 	14	  
	 2.51 “Rollover Contribution”
	  	 	15	  
	 2.52 “Roth Contribution”
	  	 	15	  
	 2.53 “Salary Reduction Agreement”
	  	 	15	  
	 2.54 “Service”
	  	 	15	  
	 2.55 “Termination of Employment”
	  	 	16	  
	 2.56 “Transferor Plan”
	  	 	16	  
	 2.57 “True-Up” Contributions”
	  	 	16	  
	 2.58 “Trust”
	  	 	16	  
	 2.59 “Trust Agreement”
	  	 	16	  
	 2.60 “Trust Fund”
	  	 	16	  
	 2.61 “Trustee”
	  	 	16	  
	 2.62 “Valuation Date”
	  	 	17	  
		
	 ARTICLE III Participation
	  	 	18	  
	 3.01 Participation
	  	 	18	  
	 3.02 Duration of Participation
	  	 	18	  
	 3.03 Participation Upon Re-Employment
	  	 	18	  
	 3.04 Participation Forms
	  	 	19	  
		
	 ARTICLE IV Contributions and Vesting
	  	 	20	  
	 4.01 Elective Deferrals
	  	 	20	  
	 4.02 Matching Contributions
	  	 	22	  
	 4.03 Company Contributions
	  	 	23	  
	 4.04 Rollover Contributions into the Plan
	  	 	24	  
	 4.05 Special Contributions; QNECs and QMACs
	  	 	24	  
	 4.06 Crediting of Contributions
	  	 	26	  
	 4.07 Determination and Amount of Employer Contributions
	  	 	27	  
	 4.08 Condition on Company Contributions
	  	 	27	  
	 4.09 Form of Company Contributions
	  	 	27	  
	 4.10 Vesting
	  	 	27	  
	 4.11 Catch-Up Deferrals
	  	 	29	  
	 4.12 Military Service
	  	 	31	  

 TABLE OF CONTENTS 

(continued) 
  

					
	 	  	PAGE	 
	 ARTICLE V Limitations on Contributions
	  	 	32	  
	 5.01 Excess Deferrals
	  	 	32	  
	 5.02 Excess Contributions: The ADP Test
	  	 	32	  
	 5.03 Excess Aggregate Contributions: The ACP Test
	  	 	35	  
	 5.04 Order of Application of Limitations
	  	 	38	  
	 5.05 Allocation of Income or Loss
	  	 	38	  
	 5.06 Section 415 Limitation on Contributions
	  	 	38	  
		
	 ARTICLE VI Trustee and Trust Fund
	  	 	41	  
	 6.01 Trust Agreement
	  	 	41	  
	 6.02 Selection of Trustee
	  	 	41	  
	 6.03 Plan and Trust Expenses
	  	 	41	  
	 6.04 Trust Fund
	  	 	41	  
	 6.05 Separate Accounts
	  	 	41	  
	 6.06 Investment Committee
	  	 	42	  
	 6.07 Investment Funds
	  	 	42	  
	 6.08 Investment of Participants’ Accounts
	  	 	43	  
	 6.09 Shareholder Rights in Company Stock
	  	 	44	  
	 6.10 Trust Income
	  	 	45	  
	 6.11 Correction of Error
	  	 	46	  
	 6.12 Right of the Employers to Trust Assets
	  	 	46	  
	 6.13 Group Trust
	  	 	46	  
		
	 ARTICLE VII Loans and Withdrawals
	  	 	47	  
	 7.01 Participant Withdrawals
	  	 	47	  
	 7.02 Participant Loans
	  	 	48	  
	 7.03 Request for Distribution
	  	 	50	  
		
	 ARTICLE VIII Benefits
	  	 	51	  
	 8.01 Payment of Benefits in General
	  	 	51	  
	 8.02 Payment on Termination of Employment
	  	 	51	  
	 8.03 Time of Payment
	  	 	51	  
	 8.04 Lump Sum Payment Without Election
	  	 	52	  
	 8.05 Payment Upon Death
	  	 	53	  
	 8.06 Minimum Distribution Requirements
	  	 	55	  
	 8.07 Facility of Payment
	  	 	58	  
	 8.08 Form of Payment
	  	 	58	  
	 8.09 Direct Rollover to Another Plan
	  	 	58	  
	 8.10 Deduction of Taxes from Amounts Payable
	  	 	60	  
		
	 ARTICLE IX Administration
	  	 	61	  
	 9.01 Sponsor Rights and Duties
	  	 	61	  
	 9.02 Plan Administrator Rights and Duties
	  	 	61	  
	 9.03 Plan Administrator Bonding and Expenses
	  	 	62	  
	 9.04 Information To Be Supplied by Participants
	  	 	62	  
	 9.05 Information To Be Supplied by Employers
	  	 	62	  

 TABLE OF CONTENTS 

(continued) 
  

					
	 	  	PAGE	 
	 9.06 Records
	  	 	62	  
	 9.07 Electronic Media
	  	 	62	  
	 9.08 Plan Administrator Decisions Final
	  	 	63	  
		
	 ARTICLE X Claims Procedure
	  	 	64	  
	 10.01 Initial Claim for Benefits
	  	 	64	  
	 10.02 Review of Claim Denial
	  	 	64	  
		
	 ARTICLE XI Amendment, Merger and Termination of the Plan
	  	 	65	  
	 11.01 Amendments
	  	 	65	  
	 11.02 Plan Merger
	  	 	65	  
	 11.03 Plan Termination
	  	 	66	  
	 11.04 Payment Upon Termination
	  	 	66	  
	 11.05 Withdrawal from the Plan by an Employer
	  	 	67	  
		
	 ARTICLE XII Top Heavy Provisions
	  	 	68	  
	 12.01 Application
	  	 	68	  
	 12.02 Special Top Heavy Definitions
	  	 	68	  
	 12.03 Special Top Heavy Provisions
	  	 	73	  
		
	 ARTICLE XIII Miscellaneous Provisions
	  	 	76	  
	 13.01 Employer Joinder
	  	 	76	  
	 13.02 Non-Alienation of Benefits
	  	 	77	  
	 13.03 Qualified Domestic Relations Order
	  	 	77	  
	 13.04 Unclaimed Amounts
	  	 	78	  
	 13.05 No Contract of Employment
	  	 	78	  
	 13.06 Recoupment of or Reduction for Overpayment
	  	 	79	  
	 13.07 Employees’ Trust
	  	 	79	  
	 13.08 Source of Benefits
	  	 	79	  
	 13.09 Interest of Participants
	  	 	79	  
	 13.10 Indemnification
	  	 	79	  
	 13.11 Company Action
	  	 	79	  
	 13.12 Company Merger
	  	 	79	  
	 13.13 Multiple Capacity
	  	 	80	  
	 13.14 Gender and Number
	  	 	80	  
	 13.15 Headings
	  	 	80	  
	 13.16 Uniform and Non-Discriminatory Application of Provisions
	  	 	80	  
	 13.17 Invalidity of Certain Provisions
	  	 	80	  
	 13.18 Law Governing
	  	 	80	  
		
	 APPENDIX A
	  	 	81	  
		
	 SCHEDULE 1
	  	 	87	  

 CHICAGO BRIDGE & IRON SAVINGS PLAN 

ARTICLE I 

Adoption 

1.01 Adoption, Amendment and Restatement. The Chicago Bridge & Iron Savings Plan was originally established by the
Company’s corporate predecessor effective June 16, 1964. Chicago Bridge & Iron Company, a Delaware corporation, became the sponsor of the Plan effective March 18, 1997. The Company merged the CBI Hourly Employees’ Saving
Plan into this Plan and amended and restated the Plan effective January 1, 1997. The Company further merged the Howe-Baker Engineers, Inc. Employees’ Profit-Sharing 401(k) Plan, the Matrix Engineering, Inc. Savings Plan, the A&B
Builders, Inc. Savings Plan, and the Callidus Technologies 401(k) Savings Plan, into this Plan effective December 31, 2000. The Company previously amended and restated the Plan effective January 1, 2008. The Company now amends and restates
the Plan effective January 1, 2013 (except as otherwise provided in this document) to read as set forth in this document. The Plan is intended to be a qualified profit sharing plan described in Section 401(a) of the Code with a qualified
cash or deferred arrangement described in Section 401(k) of the Code. 

 ARTICLE II 
 Definitions 
 The following terms, whenever used in the following capitalized form, shall
have the meanings set forth below, unless the context clearly indicates otherwise: 
 2.01 “Account” means an
Active Account or an Inactive Account, each comprising a record of a Participant’s undivided share in the Trust plus income and gains thereon, and less expenses, losses and distributions therefrom: The Plan Administrator may maintain (or cause
the Trustee to maintain) such subaccounts within any Account as the Plan Administrator deems necessary or desirable for purposes of this Plan. If assets and liabilities of a Transferor Plan or portion thereof are transferred to this Plan pursuant to
Section 11.02, the Plan Administrator may establish additional Inactive Accounts for such assets and liabilities, or may allocate such assets and liabilities to an existing Active or Inactive Account, all as the Plan Administrator in its
discretion determines is necessary or desirable for the purposes of this Plan. 
 2.02 “Account Balance” means
a Participant’s total interest in the Trust composed of the aggregate balance of all such Participant’s Accounts. The value of an Account Balance at any time during any Plan Year shall be its value as adjusted on the coinciding or
immediately preceding Valuation Date. 
 2.03 “Active Account” means any one or more of the following six
(6) separate Accounts to which Elective Deferrals, Company Matching Contributions, Company Contributions and Rollover Contributions, if any, may currently be allocated: 

(a) “Employee 401(k) Account” credited with pre-tax Elective Deferrals made in accordance with
Section 4.01(a). 
 (b) “Company Matching Account” credited with Matching Contributions
made in accordance with Section 4.02. Effective January 1, 2001, Company Matching Accounts for pre-2001 Matching Contributions are Inactive Accounts, and new Company Matching Accounts were established as of January 1, 2001.

 (c) “Company Contribution Account” credited with Company Contributions, if any, made in
accordance with Section 4.03. To the extent necessary to comply with Section 411(c) (relating to vesting), the Plan Administrator shall maintain separate subaccounts within a Participant’s Company Contribution Account for
(i) Company Contributions for Plan Years beginning before January 1, 2007 (and earnings thereon); and (2) Company Contributions for Plan Years beginning after December 31, 2006 (and earnings thereon). 

(d) “Prior Plan and Rollovers Account” credited with Rollover Contributions, if any, made in accordance
with Section 4.04, other than Rollover Contributions derived from Roth accounts under any other qualified cash or deferred arrangement. 

  
 2 

 (e) “Roth Contribution Account” credited with Roth
Contributions (including Catch-Up Deferrals designated as Roth Contributions), if any, that are made on behalf of the Participant pursuant to a Participant’s election under Section 4.01(b). 

(f) “Roth Rollover Account” credited with Rollover Contributions, if any, made in accordance with
Section 4.04 that are derived from Roth accounts under another qualified cash or deferred arrangement. 
 2.04
“Active Participant” for a Plan Year means a Participant who is employed by an Employer as an Eligible Employee for any portion of the Plan Year; provided, however that 

(a) for purposes of making Elective Deferrals under Section 4.01 (including Roth Contributions under
Section 4.0l(b)), an Active Participant for the Plan Year is a Participant who has Compensation in that Plan Year; 
 (b) for purposes of Company Contributions under Section 4.03, an Active Participant for the Plan Year is a Participant who: 

(i) is an Employee on the last day of the Plan Year, and 

(ii) has completed 1,000 or more Hours of Service during the Plan Year; or 

(iii) had a Termination of Employment during the Plan Year by reason of Retirement, Disability, death, or a
Reduction-in-Force Termination; 
 (c) for purposes of any minimum contributions required under Article XII, an
Active Participant for the Plan Year is a Participant who: 
 (i) is an Employee on the last day of the Plan
Year; or 
 (ii) had a Termination of Employment during the Plan Year by reason of Retirement, Disability, death
or a Reduction-in-Force Termination. 
 2.05 “Authorized Leave of Absence” means an absence with or without
pay, authorized by an Employer on a non-discriminatory basis, for Disability, accident, jury duty, military duty, or other reasons. 
 2.06 “Beneficiary” means any person affirmatively designated by a Participant pursuant to Section 8.05 to receive death benefits under the Plan (a “Designated Beneficiary”)
or if there is no Designated Beneficiary or the designation is ineffective under Section 8.05, the person or persons entitled to receive death benefits under the Plan by default under Section 8.05. 

2.07 “Board” means the Board of Directors of the Company. 

  
 3 

 2.08 “Code” means the Internal Revenue Code of 1986, as amended, or any
succeeding Internal Revenue Code. References to sections of the Code shall be include any such sections as amended, modified or renumbered. 
 2.09 “Company” means (a) before March 18, 1997, Chi Bridge Holdings, Inc., a Delaware corporation, and (b) on and after March 18, 1997, Chicago Bridge & Iron
Company, a Delaware corporation, a wholly-owned subsidiary of Chicago Bridge & Iron Company N.V., a Netherlands corporation; or any successor corporation, by merger, consolidation, purchase or otherwise, which elects to adopt the Plan and
the Trust. 
 2.10 “Company Contributions” means the contributions made from time to time by an Employer to the
Trustee in accordance with Section 4.03. 
 2.11 “Company Stock” means the publicly traded common shares
of the Company’s parent corporation, Chicago Bridge & Iron Company N.V., a Netherlands corporation. 
 2.12
“Company Stock Fund” means an Investment Fund designated for investment in Company Stock. Up to one hundred percent (100%) of the assets of the Company Stock Fund may be invested in Company Stock. 

2.13 “Compensation” means the amounts below: 

(a) Compensation. Except as provided in subsection (b), Compensation means the total cash salary and wages paid by
the Employer through the U.S. payroll system of an Employer to a Participant while an Eligible Employee, or paid by the Employer through its payroll system for U.S. Expatriate Employees (as defined in Section 2.19) to a Participant while an
Eligible Employee or a U.S. Expatriate Employee, (i) including short-term disability payments made directly from the assets of the Employer, overtime, and cash bonuses under any annual or other short-term incentive pay or bonus plan,
(ii) excluding long-term incentives, stock options, restricted stock, similar non-cash benefits, contributions or benefits under any employee benefit plan and special allowances provided to U.S. Expatriate Employees for the purpose of
equalizing their salary and wages, (iii) increased by the amount of any Elective Deferrals under this Plan and any other elective contributions or deferrals made by an Employer on behalf of an Employee that are excluded from the
Participant’s income by Section 125, Section 132(f), Section 402(e)(3), Section 402(h)(1)(B), Section 403(b), Section 408(p)(2)(A)(i) or Section 457 of the Code, and (iv) excluding all compensation in
excess of the Compensation Limit. Compensation for a Plan Year shall also include compensation paid by the later of two and one-half (2-1/2) months after a Participant’s Termination of Employment or the end of the Plan Year that includes the
Participant’s Termination of Employment, if: 
 (1) the payment is regular compensation for services during
the Participant’s regular working hours, or compensation for services outside the Participant’s regular working hours (such as overtime or shift differential), commissions, bonuses, or other similar payments, and, absent a Termination of
Employment, the payments would have been paid to the Participant while the Participant continued in employment with the Employer; or 

  
 4 

 (2) the payment is for unused accrued bona fide sick, vacation, or other
leave that the Participant would have been able to use if employment had continued. 
 Any payments not described above shall
not be considered Compensation if paid after Termination of Employment, even if they are paid by the later of two and one-half (2-1/2) months after the date of Termination of Employment or the end of the Plan Year that includes the date of
Termination of Employment. 
 Back pay, within the meaning of Treasury Regulation Section 1.401(c)-2(g)(8), shall be
treated as Compensation for the Plan Year to which the back pay relates to the extent the back pay represents wages and compensation that would otherwise be included under this definition. 

(b) Statutory Compensation. For purposes of applying the limitations of Article V (including the identification of
Highly Compensated Employees), and applying the requirements of Article XII (including the identification of Key Employees), subject to the exceptions below, Statutory Compensation means compensation as defined for purposes of Section 415(c)(3)
and Treasury Regulations Sections 1.415-2(d)(11)(i) thereunder, including wages within the meaning of Section 3401(a) of the Code and all other payments of compensation to an employee by his employer (in the course of the employer’s trade
or business) for which the employer is required to furnish the employee a written statement under sections 6041(d), 6051(a)(3), and 6052 of the Code, determined without regard to any rules under section 3401(a) that limit the remuneration included
in wages based on the nature or location of the employment or the services performed (such as the exception for agricultural labor in section 3401(a)(2)). Notwithstanding the foregoing: 

(1) For purposes of the identification of Highly Compensated Employees under Section 2.27 for Plan Years beginning
before January 1, 1998, Statutory Compensation means compensation as defined for purposes of Section 415(c)(3) of the Code and Treasury Regulations Sections 1.415-2(d)(2), (3) and (10) thereunder, (i) including wages,
salaries, fees for professional services, and other amounts received (without regard to whether or not an amount is paid in cash) for personal services actually rendered in the course of employment with the Employer or any Related Company to the
extent that the amounts are included in gross income (including, but not limited to, commissions paid salesmen, compensation for services on the basis of a percentage of profits, commissions on insurance premiums, tips, bonuses, fringe benefits and
reimbursements or other expense allowances under a nonaccountable plan), but (ii) excluding contributions of the Employer or a Related Company to (unless includible in the gross income of the Employee for the taxable year when contributed), or
distributions from, a plan of deferred compensation (other than an unfunded nonqualified plan), amounts realized from the exercise of a non-qualified stock option or when restricted stock (or property) held by an Employee either becomes freely
transferable or is no longer subject to a substantial risk of forfeiture (as determined under Section 83 of the Code), amounts realized from the sale, exchange or other disposition of stock acquired under an incentive stock option, and other
amounts which receive special tax benefits. 

  
 5 

 (2) In applying Statutory Compensation for purposes of determining whether
an Employee is a Highly Compensated Employee under Section 2.27 or a Key Employee under Section 12.02(d), for purposes of determining the Actual Deferral Percentage under Section 5.02 and the Actual Contribution Percentage under
Section 5.03, and for purposes of determining for Plan Years beginning on or after January 1, 1998 the limitations under Section 5.06 and Minimum Employer Contributions under Section 12.03(a), Statutory Compensation under this
subsection shall be increased by the amount of Elective Deferrals under this Plan and any other elective contributions or deferrals made by an Employer or Related Company on behalf of an Employee that excluded from the Participant’s income by
Section 125, Section 132(f), Section 402(e)(3), Section 402(h)(1)(B), Section 403(b), Section 408(p)(2)(A)(i) or Section 457 of the Code. 

(3) Except for purposes of determining Highly Compensated Employees under Section 2.27, Key Employees under
Section 12.02(d), and the limitations under Section 5.06, Statutory Compensation will not exceed the Compensation Limit. 
 2.14 “Compensation Limit” means two hundred fifty-five thousand dollars ($255,000) (for 2013), as adjusted for increases in the cost-of-living in accordance with
Section 401(a)(17)(B) of the Code. The cost-of-living adjustment in effect for a calendar year applies to any determination period beginning in such calendar year. If a determination period consists of fewer than twelve (12) months, the
annual Compensation Limit is an amount equal to the otherwise applicable annual Compensation Limit multiplied by a fraction, the numerator of which is the number of months in the short determination period, and the denominator of which is twelve
(12). 
 2.15 “Disability” or “Disabled” means a Participant’s inability to engage in any
substantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or to last for a continuous or indefinite period of at least twelve (12) months, and which is
substantiated by proof of disability satisfactory to the Plan Administrator (which proof shall include a written statement of licensed physician or other appropriate medical care provider appointed or approved by the Employer). 

2.16 “Dollar Limit” has the meaning defined for such term in Section 5.01. 

2.17 “Effective Date” means January 1, 2013, the effective date of this amendment and restatement. The original
effective date of the Plan was June 16, 1964. 

  
 6 

 2.18 “Elective Deferrals” means the contributions made by an Employer to
the Trustee on behalf of an Active Participant attributable to reductions in the Participant’s Compensation pursuant to a Salary Reduction Agreement in accordance with Section 4.01. 

2.19 “Eligible Employee” means (i) any Employee who is employed by an Employer and paid through the U.S. payroll
system of the Employer, including an Employee transferred from the United States to work outside the United States but retained on the U.S. payroll system of the Employer, and (ii) any Employee who is employed by a non-U.S. Employer whose
salary and wages are not paid through the U.S. payroll system but who is considered to be a U.S. expatriate employee under such Employer’s employment and personnel policies (a “U.S. Expatriate Employee”), but excluding: 

(a) Union Employees. Any Employee who is a member of a collective bargaining unit of employees represented by a
collective bargaining agent with which an Employer or a Related Company has a bargaining agreement, unless that agreement requires inclusion of the Employee in this Plan. 

(b) Nonresident Aliens. Any Employee who (i) (A) is neither a citizen nor resident of the United States
or (B) is first employed by an Employer or Related Company outside the United States other than as a U.S. Expatriate Employee, and (ii) receives no earned income (within the meaning at Section 911(d)(2) of the Code) from the Employer
or a Related Company from sources within the United States (within the meaning of Section 861(a)(3) of the Code). 
 (c) Leased Employees. Any individual who is (or who would be at the expiration of the 1-year period described in clause (2) below) classified by a recipient Employer at the relevant time as a
Leased Employee (defined below), even if such person is subsequently determined to be, or to have been, a common-law employee of that Employer. For this purpose “Leased Employee” means a person who is not an employee of a recipient and who
provides services to the recipient if: 
 (1) such services are provided pursuant to an agreement between the
recipient and any other person, 
 (2) such person has performed such services for the recipient (or for the
recipient and related persons) on a substantially full-time basis for a period of a least one (1) year, and 

(3) such services are performed under the primary direction and control of the recipient. 

Notwithstanding the above, an Employee of an Employer (or Related Company) who performs services for a recipient that is
another Employer (or Related Company) shall not be excluded as a Leased Employee. 

  
 7 

 (d) Independent Contractors. Any individual who is classified by the
Employer at the relevant time as an independent contractor, even if such person is subsequently determined to be, or to have been, a common-law employee of an Employer. 

(e) Field Employees. Any Employee of an Employer or a Related Company, who is paid on an hourly basis from the
“field payroll”, and whose duties consist of transient construction or related services performed on-site in the field and not at a permanent office, manufacturing or warehouse facility of the Employer or a Related Company. 

(f) Other Workers. The following Employees are not Eligible Employees: temporary employees, co-ops, interns,
benefit ineligible employees and employees who are in the United States on an F1 Visa. Notwithstanding any other Plan provision, an ineligible Employee listed in this subsection (f) who subsequently becomes an Eligible Employee shall be
credited with Hours of Service performed during his service as an ineligible Employee. 
 (g) Payroll
Determinative. For purposes of this Plan, an Employee shall be treated as the Employee of (and only of) the Employer (or Related Company) through whose payroll his or her salary or wages are paid. 

2.20 “Employee” means any common law employee of an Employer or a Related Company, and any leased employee (within the
meaning of Section 414(n)(2) of the Code) of an Employer or any Related Company. 
 2.21 “Employer” or
“Employers” means the Company and any Related Company which has adopted the Plan pursuant to Section 13.01. 
 2.22 “Employer Stock” means Company Stock, and stock of a Participant’s former employer accumulated in an account for the Participant under a Transferor Plan that is maintained as an
Inactive Account under this Plan. 
 2.23 “ERISA” means the Employee Retirement Income Security Act of 1974, as
amended. 
 2.24 “Forfeiture” means the portion of a Participant’s Account Balance that is forfeited as
provided in Sections 4.11, 5.01, 5.02(c), or 13.04. 
 2.25 “Former Plan” means this Plan (formerly known as
the CBI 401(k) Pay Deferral Plan), as in effect immediately before the Effective Date of this amendment and restatement and including, to the extent relevant for administering this Plan, the Hourly Plan. 

2.26 “Hardship” means an immediate and heavy financial need of the Participant on account of: 

  
 8 

 (a) Medical Expenses. Expenses for medical care described in
Section 213(d) of the Code previously incurred by the Participant, the Participant’s Spouse, any dependents of the Participant (as defined in Section 152 of the Code), or the Participant’s Beneficiary or amounts necessary for
these persons to obtain medical care described in Section 213(d) of the Code. 
 (b) Home Purchase.
Costs directly related to the purchase of a principal residence for the Participant (excluding mortgage payments). 
 (c) Educational Expenses. Payment of tuition, related educational fees and room and board expenses for the next twelve (12) months of post-secondary education for the Participant, the
Participant’s Spouse, the Participant’s children, any dependents of the Participant (as defined in Section 152 of the Code), or the Participant’s Beneficiary. 

(d) Prevention of Eviction or Foreclosure. Payments necessary to prevent the eviction of the Participant from his
or her principal residence or foreclosure on the mortgage of the Participant’s principal residence. 
 (e)
Home Damage Repair. Repair of damage to the Participant’s principal residence that would qualify for the casualty deduction under Section 165 of the Code (determined without regard to whether the loss exceeds ten percent
(10%) of adjusted gross income), to the extent creating an immediate and heavy financial need on the basis of all the relevant facts and circumstances. 
 (f) Funeral. Payments for burial or funeral expenses for the Participant’s deceased parents, spouse, children, dependents (as defined in Section 152 of the Code, without regard to
Sections 152(b)(1), (b)(2) and (d)(1)(B) of the Code), or the Participant’s deceased Beneficiary. 
 (g)
Other Deemed Hardship Events Designated by the Internal Revenue Service. Such other events, if any, that are designated by the Internal Revenue Service as constituting deemed immediate and heavy financial needs in regulations, revenue
rulings, notices, or other documents of general applicability. 
 2.27 “Highly Compensated Employee” means, for
any Plan Year, any individual who is an Employee described in subsection (a) or (b) below, or who is a former Employee described in subsection (c) below: 

(a) An Employee who at any time during the current Plan Year or the preceding Plan Year is a more than five percent
(5%) owner (or is considered as owning more than five percent (5%) within the meaning of Section 318 of the Code) of the Employer or a Related Company (“5% Owner”). 

  
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 (b) An Employee who received Statutory Compensation during the preceding
Plan Year in excess of one hundred fifteen thousand dollars ($115,000) (as adjusted in accordance with regulations and rulings under Section 414(q) of the Code), and is in the group consisting of the top twenty percent (20%) of the total
number of persons employed by the Employer and Related Companies when ranked on the basis of Statutory Compensation paid during the preceding Plan Year, provided, however, that, for purposes of determining the total number of persons employed by the
Employer and Related Companies, the following Employees shall be excluded: 
 (i) Employees who have not
completed an aggregate of six (6) months of service during the preceding Plan Year, 
 (ii) Employees who
work less than seventeen and one-half (17-1/2) hours per week for fifty percent (50%) or more of the total weeks worked by such employees during the preceding Plan Year, 

(iii) Employees who normally work during not more than six (6) months during any year, 

(iv) Employees who have not attained age twenty-one (21) by the end of the preceding Plan Year, 

(v) Employees who are nonresident aliens and who receive no earned income (within the meaning of Section 911(d)(2) of
the Code) from the Employer or Related Companies which constitutes income during the preceding Plan Year from sources within the United States (within the meaning of Section 861(a)(3) of the Code), and 

(vi) Except to the extent provided in regulations prescribed by the Secretary of the Treasury, Employees who are members
of a collective bargaining unit represented by a collective bargaining agent with which an Employer or Related Company has or has had a bargaining agreement. 
 (c) A former Employee of an Employer or any Related Company if such former Employee was a Highly Compensated Employee at the time he or she had a Termination of Employment, or at any time after he or she
attains age fifty-five (55). For purposes of this subsection, (i) an Employee who performs no services for the Employer or a Related Company during a Plan Year (for example, an Employee who is on an Authorized Leave of Absence throughout the
Plan Year) shall be treated as having had a Termination of Employment in the Plan Year in which he last performed services for the Employer or a Related Company and (ii) an Employee who performs services for the Employer or a Related Company
during a Plan Year shall nevertheless be deemed to have had a Termination of Employment (solely for purposes of determining whether such Employee is a Highly Compensated Employee for any period after he or she has an actual Termination of
Employment) if (1) in a Plan Year prior to his or her attainment of age fifty-five (55), the Employee receives Statutory Compensation in an amount less than fifty percent (50%) of his or her average annual Statutory Compensation for the
three (3) consecutive calendar years preceding such Plan Year during which his or her Statutory Compensation was the greatest (or the total period of the Employee’s service with the Employer and Related Companies, if less), and
(2) after such Plan Year in which the Employee is deemed to have had a Termination of Employment and before the Plan Year in which the Employee has an actual Termination of Employment, the Employee’s services for and Compensation from the
Employer and Related Companies do not increase significantly. 

  
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 2.28 “Hour of Service” means each hour for which an Employee is paid, or
entitled to payment, by an Employer or a Related Company: 
 (a) for the performance of duties; 

(b) on account of a period of time during which no duties were performed; provided, however, that (i) no more than
five hundred one (501) Hours of Service shall be credited for any single continuous period during which an Employee performs no duties, and (ii) no Hours of Service shall be credited for payments made or due under a plan maintained solely
for the purpose of complying with applicable workers’ compensation, unemployment compensation or disability insurance laws, or for reimbursement of medical expenses; and 

(c) for which back pay, irrespective of mitigation of damages, is awarded or agreed to by the Employer or Related Company;
provided, however, that (i) no more than five hundred one (501) Hours of Service shall be credited for any single continuous period of time during which the Employee did not or would not have performed duties, and (ii) Hours of
Service credited under (a) or (b) shall not also be credited under (c). 
 The determination of Hours of Service for reasons other
than the performance of duties shall be determined in accordance with the provisions of Labor Department Regulations Section 2530.200b-2(b), and Hours of Service shall be credited to computation periods in accordance with the provisions of
Labor Department Regulations Section 2530.200b-2(c). 
 2.29 “Hourly Plan” means the CBI Hourly
Employees’ Savings Plan as in effect immediately prior to merging into the Plan. 
 2.30 “Inactive
Account” means an separate Account maintained under this Plan (including any account transferred from a Transferor Plan) to which no further Elective Deferrals, Matching Contributions, Company Contributions, Travelers Contributions or
Rollover Contributions are currently allocated, but which the Plan Administrator in its discretion maintains as a separate Account to reflect any special vesting schedule applicable to the Account, any special distribution options required or
permitted for such Account, and any other special benefits, rights or features pertaining to such Account. Schedule 1 sets forth the Accounts, including Inactive Accounts (and their vesting schedules, special distribution options, and other salient
benefits, rights and features) maintained under this Plan from time to time. 
 2.31 “Investment Committee”
means the committee appointed by the Company pursuant to Section 6.06 to act on behalf of the Company with respect to the investment of Plan assets. 

  
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 2.32 “Investment Fund” means each pooled or commingled investment fund or
investment arrangement designated or authorized by the Investment Committee pursuant to Section 6.07 from among (i) regulated investment companies registered under the Investment Company Act of 1940; (ii) common trust funds or
collective investment funds qualified under Sections 401 and 501 of the Code; (iii) a discount brokerage account provided by a brokerage firm that is a member of NASD/SIPC designated or authorized by the Investment Committee to provide
individually directed accounts for purposes of this Plan; (iv) any other funding vehicle (including, but not limited to, a limited partnership); (v) the Company Stock Fund; (vi) any other fund for the holding of other Employer Stock
maintained in connection with an Inactive Account transferred from a Transferor Plan, and (vii) for former participants in the Hourly Plan, guaranteed investment contracts issued by Principal Mutual Life Insurance Company. Solely for the
purpose of segregating notes representing loans to a Participant under Section 7.02, the Trustee and Plan Administrator shall hold such notes as a separate Investment Fund pursuant to Section 7.02(f). 

2.33 “Investment Manager” means a person who has acknowledged in writing that he, she or it is a fiduciary with respect
to this Plan and who (i) is registered as an investment adviser under the Investment Advisers Act of 1940 (the “Act”), or (ii) is not registered as an investment adviser under such Act by reason of paragraph (1) of
Section 203(A) of such Act but is registered as an investment adviser under the laws of the state in which such person maintains his, her or its principal office and place of business, and who, at the time such person last filed with such state
the most recent the registration form required to maintain such person’s registration under the laws of such state also filed a copy of such form with the Secretary of Labor, or (iii) is a bank as defined in the Act, or (iv) is an
insurance company qualified to perform investment management or investment advisory services under the laws of more than one state. 
 2.34 “Matching Contributions” means the contributions made from time to time by an Employer to the Trustee in accordance with Section 4.02. 

2.35 “Maternity or Paternity Leave” means an absence from work (i) by reason of pregnancy of the individual;
(ii) by reason of a birth of a child of the individual; (iii) by reason of the placement of a child with the individual in connection with the adoption of such child by such individual; or (iv) for purposes of caring for such child
for a period beginning immediately following such birth or placement. The Participant shall give the Plan Administrator such timely information as the Plan Administrator may reasonably require to establish that the absence from work is for one of
the foregoing reasons and to establish the number of days for which there was such an absence. 
 2.36 “Normal
Retirement Date” means the date on which the Participant attains age 65. 
 2.37 “Participant” means a
current or former Eligible Employee participating in the Plan as provided in Article III. 

  
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 2.38 “Period of Severance” means the period of time from the earliest of
(i) an Employee’s Termination of Employment, or (ii) the first anniversary of an Employee’s first absence from work for any reason other than a Termination of Employment, until the date the Employee is credited with an Hour of
Service upon reemployment by or return to service with an Employer or a Related Company. However if one of the reasons for an Employee’s Termination of Employment or other absence was Maternity or Paternity Leave, the Period of Severance shall
not include the first year that would otherwise be included in that Period of Severance. 
 2.39 “Plan” means
this Chicago Bridge & Iron Savings Plan as set forth in this document and as from time to time amended; including, for periods prior to the Effective Date, the Former Plan. 

2.40 “Plan Administrator” means the person appointed by the Company in accordance with Section 9.01 to serve as the
plan administrator within the meaning of Section 414(g) of the Code and as the administrator within the meaning of Section 3(16)(A) of ERISA. 
 2.41 “Plan Year” means the calendar year. 
 2.42
“QMAC” means the qualified matching contribution made from time to time by an Employer to the Trustee in accordance with Section 4.05. 
 2.43 “Qualified Military Leave” means an absence due to service in the uniformed services (as defined in chapter 43 of the United States Code) by any Employee provided the Employee
returns to employment with the Company or Employer with re-employment rights provided by law. 
 2.44 “QNEC”
means the qualified non-elective contribution made from time to time by an Employer to the Trustee in accordance with Section 4.05. 
 2.45 “Reduction-in-Force Termination” means any permanent Termination of Employment of an Employee initiated by the Company or any Related Company, including any Termination of Employment
caused by the sale by the Company or a Related Company of an ownership interest in a Related Company or the assets of a business or business segment, causing the sold Related Company, business or business segment to cease being (or being part of) a
Related Company, but excluding: 
 (a) any Termination of Employment by Retirement, or by early retirement under
any retirement arrangement of an Employer applying to that Employee, elected by the Employee before being given notice of any impending Termination of Employment, or pursuant to an election under any special program of retirement incentive offered
by the Company or Employer prior to any notice of impending Termination of Employment; 
 (b) any Termination of
Employment by reason of Disability or death; 
 (c) any Authorized Leave of Absence; 

  
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 (d) any Termination of Employment for or after “Cause,” as
“Cause” is defined in the Chicago Bridge & Iron Salaried Employee Severance Pay Plan as from time to time in effect (the “Severance Plan”), whether or not the Severance Plan applies to the Employee; 

(e) any voluntary resignation by the Employee; or 

(f) any event that is not a Termination of Employment as defined in Section 2.55. 

2.46 “Related Company” means a corporation, trade, or business however organized (including any limited liability
company) during the time that it and an Employer are (i) members of a controlled group of corporations as defined in Section 414(b) of the Code; (ii) under common control as defined in Section 414(c) of the Code,
(iii) members of an affiliated service group as defined in Section 414(m) of the Code, or (iv) members of a group the members of which are required to be aggregated pursuant to regulations under Section 414(o) of the Code;
provided, however, that for purposes of determining applying Section 5.06, the standard of control under Sections 414(b) and 414(c) of the Code (and thus also Company and Related Plans) shall be determined as provided in Section 5.06(d).

 2.47 “Related Plan” means any other defined contribution plan or any defined benefit plan (as defined in
Sections 414(i), (j) and (k) of the Code) maintained by an Employer or a Related Company and intended to qualify under Section 401(a) of the Code, respectively called a “Related Defined Contribution Plan” and “Related
Defined Benefit Plan.” 
 2.48 “Required Distribution Date” means April 1 of the calendar year
following the later of (i) the calendar year in which the Participant attains age seventy and one-half (70-1/2), or (ii) the calendar year in which the Participant has a Termination of Employment; provided, however, that this clause
(ii) shall not apply (A) if the Participant is a five percent (5%) owner (as determined under Code Section 416(i)) of the Employer or a Related Company at any time during the Plan Year ending with or within the calendar year in
which he or she attains age seventy and one-half (70-1/2), or (B) to a Participant who attained age seventy and one-half (70-1/2) before January 1, 1999. 
 2.49 “Restricted Account” means an Inactive Account that is subject to the survivor annuity requirements of Section 417 of the Code. 

2.50 “Retirement” means a Termination of Employment on or after the date a Participant (i) has attained age
fifty-five (55) and has completed ten (10) years of Service, (ii) has completed thirty (30) years of Service, or (iii) has attained his or her Normal Retirement Date. 

  
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 2.51 “Rollover Contribution” means a contribution made from time to time by
an Eligible Employee to the Trustee in accordance with Section 4.04 of the Plan (i) from a qualified trust as described in Section 402(c) of the Code, an annuity contract described in Section 403(b) of the Code or 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; or (ii) from an individual retirement account or
individual retirement annuity (“IRA”) as described in Section 408(d)(3) of the Code if the sole source of contributions to such IRA was one or more rollover contributions from a qualified trust described in Section 402(c) of the
Code. A Rollover Contribution shall include any direct transfer of an eligible rollover distribution described in Section 401(a)(31) of the Code from a qualified trust, annuity contract, eligible governmental plan or IRA described in the
preceding sentence. A Rollover Contribution shall include any direct transfer to the Participant’s Roth Rollover Account from another Roth elective deferral account under an applicable plan described in Section 402A(e)(I) of the Code, but
only to the extent the Rollover Contribution is permitted under the rules of Section 402A(c) of the Code. 
 2.52
“Roth Contribution” means that portion of a Participant’s Elective Deferrals that the Participant designates as a Roth Contribution in the Participant’s Salary Reduction Agreement and that is contributed to the Plan on an
after-tax basis in accordance with Section 4.01(b). 
 2.53 “Salary Reduction Agreement” means the
properly completed and executed form provided by the Plan Administrator which has been filed by the Participant with the Plan Administrator as provided in Section 4.01. 
 2.54 “Service” means the aggregate of all periods of employment of an Employee by an Employer or Related Company (including periods of Authorized Leave of Absence) measured from the date
an Employee first performs an Hour of Service upon employment or reemployment to the date of the Employee’s Termination of Employment, but excluding any Period of Severance other than an Authorized Leave of Absence; provided, however, that
(i) an Employee shall not be credited with more than twelve (12) months of Service with respect to any single period of Authorized Leave of Absence; and (ii) if an Employee who has a Termination of Employment is reemployed by an
Employer or a Related Company and performs an Hour of Service before he or she incurs a one (1)-year Period of Severance, such Termination of Employment shall be disregarded and his or her Service shall be treated as continuous through the date he
or she resumes employment as an Employee. An Employee shall receive credit for one-twelfth (1/12) of a year of Service for each full or partial calendar month of Service. Service once credited under this Section shall not be disregarded by
reason of any subsequent Period of Severance; except that if a Participant has five (5) consecutive one-year Periods of Severance, Service after such five (5)-year period shall not be taken into account for purposes of Section 4.10 in
determining the nonforfeitable percentage of his or her Account Balance derived from Employer contributions which accrued before such five (5)-year period. For purposes of determining whether or to what extent a Participant’s Accounts
transferred from a Transferor Plan are vested and nonforfeitable under Section 4.10, Service of a Participant who was a participant in a Transferor Plan shall include service with the predecessor employer credited for vesting purposes under the
Transferor Plan. 

  
 15 

 For purposes of determining whether or to what extent Accounts of a Participant who was
employed by CRI/Criterion, Inc., a Delaware corporation (“CRI”), or an employer that is a Related Company to CRI, immediately before the acquisition by an Employer of the capital stock of Chemical Research and Licensing Company, a Texas
corporation, are vested and nonforfeitable under Section 4.10, Service shall include service with CRI or such Related Company prior to such acquisition. 
 2.55 “Termination of Employment” occurs when for any reason (other than a layoff for lack of work with recall rights) an individual is no longer an Employee of an Employer or any Related
Company, except that: 
 (a) If an individual incurs a layoff for lack of work with recall rights, a Termination
of Employment shall occur on the first anniversary of the date of layoff, unless the individual has in the interim been recalled to employment with the Employer or a Related Company. 

(b) A Participant’s Elective Deferrals, QNECs, QMACs, and earnings attributable to these contributions shall be
distributed on account of the Participant’s severance from employment satisfying the requirements of Section 401(k)(10) of the Code and Treasury Regulations and rulings thereunder, all as in effect at the time of such severance from
employment, as determined in the sole discretion of the Plan Administrator. However, such a distribution shall be subject to the other provisions of the Plan regarding distributions, other than provisions that require a separation from service
before such amounts may be distributed. 
 2.56 “Transferor Plan” means an employee benefit plan that is
qualified under Section 401(a) of the Code and that transfers part or all of its assets and liabilities to, or merges or consolidates into, this Plan in a trust-to-trust transfer described in Section 414(l) of the Code. 

2.57 “True-Up Contributions” has the meaning defined for such term in Section 4.02(d). 

2.58 “Trust” means the trust established under the Trust Agreement by which contributions shall be received, held,
invested and distributed to or for the benefit of Participants and Beneficiaries. 
 2.59 “Trust Agreement”
means the trust agreement dated December 31, 1996, by and between the Company and T. Rowe Price Trust Company, a Maryland limited trust company, as Trustee, and any amendments thereto or successor or supplemental agreements. 

2.60 “Trust Fund” means any property, real or personal, received by the Trustee, plus all income and gains and less
losses, expenses and distributions chargeable thereto. 
 2.61 “Trustee” means the corporation, bank, trust
company, individual or individuals who accept appointment as trustee to execute the duties of the Trustee set forth in the Trust Agreement. 

  
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 2.62 “Valuation Date” means the last business day of each calendar year and
such additional dates as the Plan Administrator shall deem appropriate. The Plan Administrator may designate different additional Valuation Dates for different Investment Funds and for different purposes under the Plan. 

  
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 ARTICLE III 
 Participation 
 3.01 Participation. 

(a) Each Eligible Employee who was a Participant in the Former Plan immediately before the Effective Date shall continue
as a Participant in the Plan from and after the Effective Date. 
 (b) Except as provided in subsections
(c) and (d), each other Eligible Employee shall become a Participant on the first day on which he or she is an Eligible Employee. 
 (c) An Eligible Employee who is a shop employee at the Clive Shop and whose participation in this Plan is governed by a collective bargaining agreement that provides for an Eligibility Period of Service
(defined below) shall become a Participant on the date he or she completes an Eligibility Period of Service, if he or she is then employed by an Employer as an Eligible Employee. If he or she is not then employed by an Employer as an Eligible
Employee on such date he or she shall become a Participant on the first day thereafter that he or she is an employed by an Employer as an Eligible Employee, unless he or she had a Period of Severance of at least five (5) consecutive years
before again becoming an Eligible Employee; in which case he or she will not become a Participant until the date he or she completes an new Eligibility Period of Service under this subsection after the Period of Severance. For purposes of this
subsection an “Eligibility Period of Service” is a one-year period beginning on the date the Employee first completes an Hour of Service (determined without regard to whether the Employee is an Eligible Employee on the first or last day of
such period or the number of Hours of Service in such Period). 
 (d) An Eligible Employee who was an employee of
ABB Lummus Global Inc. when such company was acquired shall become a Participant (i) for purposes of making Elective Deferrals (and receiving an allocation of Matching Contributions) on January 1, 2008; and (ii) for all other purposes
of this Plan on the first day on which he or she is an Eligible Employee. An Eligible Employee who was an employee of ABB Lummus Global Inc. shall be deemed to be an Active Employee, as defined in Section 2.04(iii), for purposes of receiving a
Company Contributions under Section 4.03 for the Plan Year ending December 31, 2007. 
 3.02 Duration of
Participation. An Eligible Employee who becomes a Participant shall continue to be a Participant until the later of (i) his or her Termination of Employment, or (ii) the distribution of his or her entire vested Account Balance from the
Plan. 
 3.03 Participation Upon Re-Employment. A Participant who has a Termination of Employment, and thereafter resumes
employment with an Employer as an Eligible Employee shall again become a Participant immediately upon becoming an Eligible Employee. An Eligible Employee described in Section 3.01(c) who has a Termination of Employment before becoming a
Participant and thereafter resumes employment with an Employer as an Eligible Employee shall again become a Participant in accordance with Section 3.01. 

  
 18 

 3.04 Participation Forms. A Participant shall not be eligible to make Elective
Deferrals (or to receive an allocation of Matching Contributions) until the effective date of his or her Salary Reduction Agreement as determined under Section 4.01(d). A Participant shall execute and deliver to the Plan Administrator a
Beneficiary designation and an investment election, on such form or forms provided or permitted by the Plan Administrator, and in such manner, as the Plan Administrator may prescribe. 

  
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 ARTICLE IV 
 Contributions and Vesting 
 4.01 Elective Deferrals. 

(a) General. Each Active Participant may elect to make Elective Deferrals from his or her Compensation, and may
designate the portion, if any, of the Elective Deferrals to be contributed as Roth Contributions, at least annually during any Plan Year and at such other times as the Plan Administrator may prescribe by executing and filing an appropriately
completed Salary Reduction Agreement with the Plan Administrator on such form or forms provided or permitted by the Plan Administrator and in such manner as the Plan Administrator may prescribe. The Salary Reduction Agreement shall specify the
percentage of Compensation to be contributed to the Plan as Elective Deferrals and the portion, if any, of the Elective Deferrals to be contributed as Roth Contributions. A Participant’s percentage for Elective Deferrals shall not be more than
the seventy-five percent (75%) of Compensation. The maximum percentage for Elective Deferrals may be changed by the Plan Administrator from time to time and shall be uniformly applicable to all Participants and effective from and after the date
prescribed. Except for that portion, if any, of the Elective Deferrals that the Participant has designated as Roth Contributions in accordance with subsection (b) below, such contribution shall be on a pre-tax basis, and the Employer shall
reduce each Participant’s Compensation by, and contribute to the Trust as Elective Deferrals on behalf of such Participant, the amount (if any) by which the Compensation available to the Participant (after applicable deductions) has been
reduced under such Participant’s Salary Reduction Agreement. A Participant’s Salary Reduction Agreement shall continue in effect, subject to subsection (f) below, notwithstanding any change in his or her Compensation, until he or she
changes or revokes his or her Salary Reduction Agreement. 
 Notwithstanding the above, a Participant who is a
shop employee at the Clive Shop and whose participation in this Plan is governed by a collective bargaining agreement may elect to make Elective Deferrals from his or her Compensation in accordance with the provisions of the currently effective
collective bargaining agreement. 
 (b) Roth Contributions. If the Participant affirmatively designates a
portion of his or her Elective Deferrals as Roth Contributions, such amount will be deducted from his or her Compensation on an after-tax basis, subject to withholding of applicable federal, state and local income taxes on such Roth Contributions
from the Participant’s Compensation other than such Roth Contributions. Except as provided in the preceding sentence or otherwise expressly specified in this Plan, Roth Contributions shall be treated as Elective Deferrals (or Catch-Up
Deferrals, as applicable), for all purposes of this Plan. In the absence of an affirmative designation, none of the Participant’s Elective Deferrals under this Plan shall be contributed as Roth Contributions. 

  
 20 

 (c) Changes of Salary Reduction Agreements. A Participant may change
his or her rate of Elective Deferrals, or the designation of any portion of Elective Deferrals as Roth Contributions, by executing and filing a new Salary Reduction Agreement with the Plan Administrator on such form provided or permitted by the Plan
Administrator and in such manner as the Plan Administrator may prescribe. 
 (d) Effective Date of Salary
Reduction Agreement. A Salary Reduction Agreement or a change thereof shall apply solely to Compensation not yet paid or payable as of the date such new or changed Salary Reduction Agreement is filed with the Plan Administrator. Subject to the
foregoing requirement, a Salary Reduction Agreement or change thereof shall take effect on the first day of the payroll period as of which the start or change of the Participant’s Elective Deferrals, or the designation of any portion of
Elective Deferrals as Roth Contributions, is administratively practicable (determined under procedures established by the Plan Administrator) after the Participant has executed and filed an initial or changed Salary Reduction Agreement with the Plan
Administrator as provided in subsection (a) or (c) of this Section 4.01. 
 (e) Revocations of
Salary Reduction Agreements. A Participant may revoke a Salary Reduction Agreement with respect to Compensation not paid or payable as of the date of such revocation by executing and filing a revocation of such Salary Reduction Agreement on such
form provided or permitted by the Plan Administrator and in such manner as the Plan Administrator may prescribe. Revocation of a Salary Reduction Agreement shall take effect on the first day of the payroll period as of which implementing the
revocation is administratively practicable (determined under procedures established by the Plan Administrator) after the Participant has executed and filed such revocation with the Plan Administrator. A Participant’s Salary Reduction Agreement
shall become ineffective upon his or her ceasing to be an Active Participant. But the Participant may make a new Salary Reduction Agreement in accordance with subsection (a) upon again becoming an Active Participant. 

(f) Other Reductions and Limitations. Elective Deferrals shall not exceed the lowest maximum amount permitted by
Article V. Notwithstanding anything in a Salary Reduction Agreement, the Plan Administrator may reduce the Elective Deferrals and amend the Salary Reduction Agreement of any Participant to prevent a reasonably anticipated violation of the
limitations of Section 5.06, and may reduce the Elective Deferrals and Salary Reduction Agreement of any Participant who is a Highly Compensated Employee to prevent a reasonably anticipated violation of the limitations of Sections 5.01 or 5.02.
Any reduction of Elective Deferrals under this subsection (f) shall be applied pro rata to Elective Deferrals that are not Roth Contributions and to Elective Deferrals that are Roth Contributions. If a Participant receives a Hardship
distribution pursuant to Section 7.01, his or her Salary Reduction Agreement shall be suspended in accordance with Section 7.01(c)(5). The Plan Administrator may, in its discretion, impose such additional rules, regulations and limitations
on the amount of Elective Deferrals that may be elected, including limitations on the amount of Elective Deferrals that an Active Participant may elect for each payroll period to a pro-rata portion of the Dollar Limit, and limitations on the amount
of Elective Deferrals that a Highly Compensated Employee may elect, to ensure that the limitations of Article V are not exceeded. 

  
 21 

 (g) Time for Contributing Elective Deferrals.
For each payroll period during a Plan Year, each Employer shall pay the Elective Deferrals of Participants who are its Employees over to the Trustee as of, or as soon as reasonably possible after, the date such amount would otherwise have been paid
to the Participant in cash; but not earlier (except as required by bona fide administrative considerations) than the date that the Participant performs the services with respect to which the contribution is made (or the date such amount would
otherwise have been paid to the Participant in cash, if earlier), and not later than the fifteenth (15th) business day of the month following the month in which such amount would otherwise have been paid to the Participant in cash. 

(h) Allocation of Elective Deferrals. Elective Deferrals that are not Roth Contributions shall be allocated to the
Employee 401(k) Account of each Participant on whose behalf such Elective Deferrals were made. Elective Deferrals that are Roth Contributions shall be allocated to the Roth Contribution Account of each Participant on whose behalf such Roth
Contributions were made. 
 4.02 Matching Contributions. 

(a) General. Subject to Sections 11.01, 11.02 and 11.04, for each Plan Year, each Employer that has adopted or is
deemed to have adopted this Plan pursuant to section 13.01 for purposes of Matching Contributions, shall contribute on behalf of each Participant employed by the Employer on whose behalf Elective Deferrals (whether or not designated as Roth
Contributions) are made, an amount equal to one hundred percent (100%) of so much of the Participant’s Elective Deferrals for the Plan Year as do not exceed three percent (3%) of the Participant’s Compensation for the Plan Year,
or such larger or smaller percentages as that Employer may determine uniformly for the Participants who are its Employees. An Employer may change such percentages from time to time during the Plan Year, provided that the Employer may not
retroactively decrease the percentages of its Matching Contributions or the percentage of Elective Deferrals subject to Matching Contributions. 
 Notwithstanding the above, a Participant who is a shop employee at the Clive Shop and whose participation in this Plan is governed by a collective bargaining agreement may receive Matching Contributions
in accordance with the provisions of the currently effective collective bargaining agreement. 
 (b) Time for
Contributing Matching Contributions. Matching contributions shall be determined and made, on the basis of Elective Deferrals, for each payroll period, subject to the subsection (d), below. However the Employer may pay its Matching Contributions
over to the Trustee at any time not later than the due date for the filing of the federal income tax return (including any extensions) of the Employer for the tax year during which occurs the last day of the Plan Year containing the last day of such
payroll period. 

  
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 (c) Allocation of Matching Contributions. Matching Contributions
shall be allocated to the Company Matching Account of each Participant on whose behalf such Matching Contributions were made; provided, however, that effective January 1, 2001, a Participant’s Company Matching Account as of
December 31, 2000 shall become an Inactive Account for pre-2001 Matching Contributions (including accumulated and future earnings thereon), as indicated in Schedule 1, and a new Company Matching Account shall be established for each such
Participant as of January 1, 2001. 
 (d) True-Up Contributions. As of the last day of each Plan
Year, the applicable Matching Contributions formula under subsection (a) shall be applied to the total of the Participant’s Elective Deferrals for the Plan Year then ending, and each Employer shall contribute (within the time specified by
subsection (b)), on behalf of each Participant on whose behalf Elective Deferrals are made, the amount, if any (the “True-Up Contribution”), by which the total Matching Contributions so required exceed the actual Matching Contributions
previously determined on the basis of payroll periods for such Active Participant during the course of the Plan Year. If an Employer has changed its determination of percentages for its Matching Contribution formula during the Plan Year, the amount
of the True-Up Contribution shall be determined separately for each portion of a Plan Year during which a given Matching Contribution formula was in effect. 
 4.03 Company Contributions. 
 (a) General. Subject to
Sections 11.01, 11.02 and 11.04, for each Plan Year for which the Company elects in its sole discretion for Employers to make a Company Contribution, each Employer that has adopted or is deemed to have adopted this Plan pursuant to
Section 13.01 for purposes of Company Contributions shall make a Company Contribution for each Active Participant. The Amount of the Company Contribution shall be a percentage, determined by the Company in its discretion and uniformly
applicable to all such Active Participants that is not less than five percent (5%) of the Compensation of each Active Participant for the portion of the Plan Year during which the Participant is an Active Participant. If an Employer has changed
its determination of the percentage of its Company Contribution during the Plan Year, the amount of the Company Contribution shall be determined separately for each portion of a Plan Year during which a given percentage was in effect. 

Notwithstanding the above, a Participant who is a shop employee at the Clive Shop and whose participation in this Plan is
governed by a collective bargaining agreement may receive Company Contributions in accordance with the provisions of the currently effective collective bargaining agreement. 

(b) Time for Company Contributions. For each Plan Year, each Employer shall pay its Company Contributions over to
the Trustee not later than the due date for the filing of the federal income tax return (including any extensions) of the Employer for the tax year during which the last day of such Plan Year occurs. 

  
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 (c) Allocation of Company Contributions. Company Contributions shall
be allocated to the Company Contribution Account of each Active Participant eligible for such allocation under subsection (a) in the same ratio that the eligible Compensation of such Active Participant bears to the total eligible Compensation
of all Active Participants. 
 4.04 Rollover Contributions into the Plan. At the request of any Eligible Employee, the
Plan Administrator shall direct the Trustee to accept a Rollover Contribution on behalf of the Eligible Employee. Unless the Rollover Contribution is a direct transfer from another Roth elective deferral account under an applicable retirement plan
described in Section 402A(c)(l) of the Code, the Rollover Contribution shall be held in the Prior Plan and Rollovers Account for the Eligible Employee. A Rollover Contribution that is a direct transfer from another Roth elective deferral
account under an applicable retirement plan described in Section 402A(e)(l) of the Code shall be held in the Participant’s Roth Rollover Account. If the Rollover Contribution includes amounts that would not be includible in gross income
(except as provided by Sections 402(c), 403(a)(4), 403(b)(8) and 457(e)(16) of the Code and except by reason of being a direct transfer from another Roth elective deferral account) if not transferred as an Rollover Contribution, the Plan
Administrator shall separately account for the portion of the Rollover Contribution which is so includible in gross income and the portion of such Rollover Contribution which is not so includible. Each Rollover Contribution shall be made in cash, in
notes representing a loan to the Participant from a qualified trust under provisions of such qualified trust similar to Section 7.02, or in property (which may be stock or securities issued by the former employer) acceptable to the Trustee in
its sole discretion for purposes of this Plan. Prior to accepting a Rollover Contribution, the Plan Administrator may require that the Eligible Employee who wants to make the Rollover Contribution shall provide evidence reasonably satisfactory to
the Plan Administrator that such contribution qualifies as a Rollover Contribution. Acceptance of a Rollover Contribution shall not in any manner guarantee the result of such contribution under any tax laws; and neither the Company, the Investment
Committee, any Employer, the Plan Administrator, the Trustee nor any Investment Manager, shall be responsible for such tax results. If the Plan Administrator determines after any Rollover Contribution that such contribution did not in fact qualify
as a Rollover Contribution, the amount of the Rollover Contribution, increased by income and gains and reduced (but not below zero) by losses and expenses, shall be returned to the Eligible Employee. 

4.05 Special Contributions; QNECs and QMACs. 

(a) QNECs and QMACs. For each Plan Year, the Company may elect to have the Company and the other Employers make a
special contribution in such amount (if any) as the Company may determine as QNECs and/or QMACs. In any Plan Year in which the Company elects to have such a QNEC or QMAC made, each Employer shall contribute a fractional portion of the QNEC or QMAC
in such amount as the Company shall determine to be appropriate in the circumstances. 
 (b) Time for QNECs or
QMACs. Each Employer shall pay its QNECs or QMACs for a Plan Year over to the Trustee not later than the last day of the following Plan Year; provided, however, that if the Employer intends to deduct such QNEC or QMAC in the tax year in which
the last day of the Plan Year for which such QNEC or QMAC was made occurs, the Employer shall pay its QNEC or QMAC over to the Trustee on or before the due date for the filing of the federal income tax return (including any extensions) of the
Employer for such tax year. 

  
 24 

 (c) Allocation of QNECs or QMACs. As of the last day of each Plan
Year, any QNECs or QMACs made to the Plan for the Plan Year shall be allocated to the Employee 401(k) Account of each Designated Participant (as defined below) who is an Active Participant, as determined by the Company in its discretion, in
whichever one or more of the following methods as the Company shall determine: 
 (i) Compensation-Based
QNEC. 
 (A) Compensation-based QNECs may be allocated to the Employee 401(k) Account of each Designated
Participant who has Compensation not in excess of an amount specified by the Company in the ratio that such Participant’s Compensation for the Plan Year bears to the total Compensation of all such Participants for the Plan Year. 

(B) A Section 415-based QNEC may be allocated to the Employee 401(k) Account of each Designated Participant in an
amount that maximizes each such Participant’s annual additions under Code Section 415(c) of the code. 

(ii) Per Capita-Based QNEC. A per capita-based QNEC may be allocated to the Employee 401(k) Account of each
Designated Participant in an amount equal to the total per capita-based QNEC divided by the total number of such Participants for the Plan Year. 
 (iii) Section 401(k)-Based QMAC. A Section 401(k)-based QMAC may be allocated to the Employee 401(k) Account of each Designated Participant in the ratio that the amount of Elective
Deferrals made to the Plan for such Plan Year on behalf of such Participant bears to the total amount of Elective Deferrals made to the Plan for such Plan Year on behalf of all such Participants, based on Elective Deferrals up to a specified
percentage or dollar amount of Compensation, as determined by the Plan Administration. 
 (d) Limitation on
Allocation of QNECs and QMACs. Notwithstanding subsection (c) above, QNECs and QMACs shall not be allocated to the Employee 401(k) Account of any Designated Participant in an amount in excess of (i) the Participant’s Statutory
Compensation, multiplied by (ii) the greater of (A) five percent (5%), or (B) the Plan’s Representative Contribution Rate. For this purpose the Plan’s Representative Contribution Rate is the lowest Applicable Contribution
Rate of any eligible Participant who is not a Highly Compensated Employee (“NHCE”) within a group of NHCEs that that consists of half of all eligible NHCEs for the Plan Year (or, if greater, the lowest Applicable Contribution Rate of any
eligible employee who is employed on the last day of the Plan Year. For this purpose the Applicable Contribution Rate for an eligible NHCE is the sum of the QMACs and QNECs for the eligible NHCE for the Plan Year, divided by the eligible NHCE’s
Statutory Compensation for the same period. Notwithstanding the foregoing provisions of this subsection (d), QNECs and QMACs that are made in connection with an Employer’s obligations under the Davis-Beacon Act, the Public Service Contract Act
of 1965, or similar legislation may be allocated to the Employee 401(k) Account of a NHCE to the extent that such contributions do not exceed ten percent (10%) of such NHCE’s Statutory Compensation. 

  
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 The limitations of this subsection (d) shall be applied separately to
QNECs and QMACs; but QNECs taken into account in applying the limitations of Section 5.03 (including the related determination of the Representative Contribution Rate) shall not be taken into account in applying the limitations of
Section 5.02 (including the related determination of the Representative Contribution Rate); and similarly QMACs taken into account in applying the limitations of Section 5.02 (including the related determination of the Representative
Contribution Rate) shall not be taken in to account in applying the limitations of Section 5.03 (including the related determination of the Representative Contribution Rate). 

(e) Definition of Designated Participant. With respect to any QNEC or QMAC, a Designated Participant is a
Participant who is not a Highly Compensated Employee for the Plan Year and who is designated by the Plan Administrator on the basis of any one or more of the following: 

(i) such Participant’s level of Compensation; 

(ii) such Participant’s employment on the last day of the Plan Year; 

(iii) such Participant’s completion of a year of vesting Service; 

(iv) such Participant’s making of a Salary Reduction Agreement Election; or 

(v) such Participant’s job classification that satisfies the nondiscriminatory classification test. 

4.06 Crediting of Contributions. Contributions to be allocated to a Participant’s Account shall be credited to such Account
(and available for Participant direction of investment pursuant to Section 6.08(a) and loans, withdrawals and benefits pursuant to Articles VII and VIII) on or as soon as reasonably practicable (under procedures established or approved by the
Plan Administrator) after the contributions (and a reconciliation of the contributions to Participants’ Accounts) are actually received by the Trustee from time to time during or after the Plan Year. However, for purposes of determining the
Account Balance to which a Participant is entitled, contributions made or to be made for a particular Plan Year but credited under this Section after the last day of such Plan Year shall nevertheless be deemed made and allocated on such last day of
such Plan Year. 

  
 26 

 4.07 Determination and Amount of Employer Contributions. Subject to the
Company’s determination of the rate (if any) of Company Contributions pursuant to Section 4.03, the Plan Administrator shall determine the amount of any contribution to be made by the Company and each Employer hereunder. In making such
determination, the Plan Administrator shall be entitled to rely upon the estimates of Compensation made by the accounting officers of each respective Employer with respect to the Employees of that Employer. Such determination shall be binding on all
Participants, all Employers, and the Trustee. Under no circumstances shall any Participant or Beneficiary have any right to examine the books and records of any Employer. 
 4.08 Condition on Company Contributions. All contributions of Elective Deferrals, Matching Contributions, Company Contributions, QNECs or QMACs by the Company or any other Employer under this Plan
are hereby expressly conditioned upon their being deductible for federal income tax purposes under Section 404 of the Code; and notwithstanding anything else in the Plan shall not exceed the amount so deductible. 

4.09 Form of Company Contributions. Contributions of the Company or any other Employer under this Plan shall be in the form of
cash if they are (i) Elective Deferrals, or (ii) Company Contributions to the extent not in excess of five percent (5%) of the Compensation of Participants entitled to an allocation of such Company Contributions. All other
contributions of the Company or any other Employer under this Plan (including that portion of any Company Contributions in excess of five percent (5%) of the Compensation of Participants entitled to an allocation of such Company Contributions)
may in the discretion of the Company be made in cash, in Company Stock that is a qualifying employer security (as defined in Section 407(d)(5) of ERISA), or in other property acceptable to the Trustee in its sole discretion. 

4.10 Vesting. 
 (a) Vesting Upon Normal Retirement Date, Death or Disability. A Participant’s Account Balance shall be fully vested and nonforfeitable if and when the Participant attains his or her Normal
Retirement Date, dies or becomes Disabled on or before the date he or she has a Termination of Employment, or incurs a Termination of Employment by reason of a Reduction-In-Force Termination. 

(b) Fully Vested Accounts. A Participant’s Account Balance shall be fully vested and nonforfeitable at all
times to the extent represented by the balance of his or her Employee 401(k) Account, Roth Contribution Account, Rollover Account and Roth Rollover Account. 
 (c) Other Termination. Except as provided in subsection (a): 

(1) The vested and nonforfeitable portion of a Participant’s Account Balance attributable to the subaccount in his or
her Company Contribution Account for Company Contributions for Plan Years beginning before January 1, 2007, shall be the percentage of such Account determined in accordance with the vesting schedule specified below: 

  
 27 

					
	 Years of
 Vesting Service
	  	Vested
Percentage	 
	 Less than five years
	  	 	0	% 
	 Five years or more
	  	 	100	% 

 (2) The vested and nonforfeitable portion of a Participant’s Account Balance
attributable to the subaccount in his or her Company Contribution Account for Company Contributions for Plan Years beginning after December 31, 2006 shall be the percentage of such Account determined in accordance with the vesting schedule
specified below: 
  

					
	 Years of
 Vesting Service
	  	Vested
Percentage	 
	 Less than three years
	  	 	0	% 
	 Three years or more
	  	 	100	% 

 (3) The vested and nonforfeitable portion of a Participant’s Account Balance
attributable to his or her Company Matching Account (excluding his or her Inactive Account for pre-2001 Matching Contributions) shall be the percentage of such Account determined in accordance with the vesting schedule specified below: 

 

					
	 Years of
 Vesting Service
	  	Vested
Percentage	 
	 Less than three years
	  	 	0	% 
	 Three years or more
	  	 	100	% 

 (d) Inactive Accounts. A Participant’s Account Balance shall be fully vested
and nonforfeitable at all times to the extent represented by an Inactive Account (including the Participant’s Inactive Account for pre-2001 Matching Contributions, if any), other than an Inactive Account that comprises contributions (including
matching contributions) made by an employer under a Transferor Plan. The nonforfeitable percentage of an Inactive Account that comprises contributions (including matching contributions) made by an employer under a Transferor Plan shall be determined
under the vesting schedule specified in the applicable Transferor Plan for accounts containing such contributions, as shown on Schedule 1, taking into account (without duplication) all of the Participant’s years of service including service
with the predecessor employer credited for vesting purposes under the Transferor Plan. 

  
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 (e) Forfeitures. If a Participant has a Termination of Employment,
then that portion of the Participant’s Account Balance which is not vested as of his or her Termination of Employment shall become a Forfeiture as soon as administratively practicable after the earliest of (i) the date on which the balance
of the Participant’s Accounts is distributed, (ii) the last day of the Plan Year in which the Participant incurs a one year Period of Severance, or (iii) the date of Termination of Employment; provided, however, if the Participant has
no vested interest in any Accounts, such portion shall become a Forfeiture on the date of Termination of Employment. 
 (f) Return to Employment. If a Participant or a former Participant resumes service with an Employer as an Employee before incurring a Period of Severance lasting five (5) or more years, the
amount forfeited under subsection (e) (without adjustment for interest, gains or losses) shall be reinstated to the Participant’s or former Participant’s Account(s) from which the Forfeiture arose, as soon as administratively
practicable after the Participant resumes service with an Employer as an Employee, first out of Forfeitures for the Plan Year in which reemployment occurs, and to the extent that Forfeitures for such Plan Year are not sufficient, out of the Trust
Fund as an administrative expense of the Trust. If a former Participant does not resume employment with an Employer before the end of a Period of Severance lasting at least five (5) years, the amounts forfeited under subsection (e) shall
not be reinstated. 
 (g) Application of Forfeitures. Forfeitures arising pursuant to Sections 4.11(e),
5.01, 5.02(c), or 13.04 during a Plan Year shall be applied first to restore any Forfeitures that are reinstated during the Plan Year pursuant to Sections 4.11(f) or 13.04; second, to correct in such Plan Year any errors in the adjustment of
Participants’ Accounts pursuant to Section 6.11, third, to the payment of expenses of administering the Plan and the Trust pursuant to Section 6.03, and fourth, toward the payment of Company Contributions. Forfeitures that are applied
toward payment of Company Contributions shall be considered to be Company Contributions, shall reduce the amount of Company Contributions otherwise required to be made to the Trust, and shall be allocated in accordance with Section 4.03(c).

 4.11 Catch-Up Deferrals. Effective for Plan Years beginning on or after January 1, 2002, each Participant who is
an “Eligible Active Participant” (as defined in subsection (a)) may elect to make Catch-Up Deferrals from his or her Compensation, and may elect to designate all or any portion of such Catch-Up Deferrals as Roth Contributions, by written
election on a Salary Reduction Form filed with the Plan Administrator in such manner as the Plan Administrator may prescribe. The Employer shall reduce each Eligible Active Participant’s Compensation by, and contribute to the Trust as Catch-Up
Deferrals on behalf of such Participant, the amount (if any) of the Participant’s Catch-Up Deferrals. For purposes of this Section 4.11: 
 (a) An “Eligible Active Participant” is a Participant who: 
 (i) will have attained age fifty (50) on or before the last day of the Plan Year; and 
 (ii) has made Elective Deferrals for the Plan Year that are the maximum Elective Deferrals allowed under the Plan, taking into account the provisions of Article V. 

  
 29 

 (b) For each Plan Year, the amount of the Catch-Up Deferrals made on behalf
of a Participant who is an Eligible Active Participant shall be equal to the dollar amount or percentage (in increments of one percent (1%)) of the Participant’s Compensation specified by the Participant for Catch-Up Deferrals on his or
her Salary Reduction Form, provided that such Catch-Up Deferrals may not exceed the lesser of the following for a Plan Year: 
 (i) five thousand five hundred dollars ($5,500) for 2013, as adjusted for cost-of-living increases by the Secretary of the Treasury or his delegate pursuant to the provisions of Section 414(v)(2)(C)
of the Code; or 
 (ii) The excess of (i) the Participant’s Statutory Compensation for the Plan Year as
determined under Section 2.13(b) (as applied for purposes of Sections 5.02 and 5.03), over (ii) the Participant’s Elective Deferrals for the Plan Year. 

(c) A Participant’s initial Catch-Up Deferral election shall be effective for Compensation payable on or after the
date on which such election is made and shall remain in effect until changed or revoked. Thereafter, changes in the percentage (solely in increments or decrements of one percent (1%)) or dollar amount of Compensation to be deferred or
revocation of any such election, or changes in the designation of any portion of Catch-Up Deferrals as Roth Contributions, may be made by written election on a Salary Reduction Form filed with the Plan Administrator in such manner as the Plan
Administrator may prescribe. 
 (d) The Catch-Up Deferrals for the Plan Year (other than Catch-Up Deferrals
designated as Roth Contributions) shall be credited to the Participants’ Employee 401(k) Accounts, and Catch-Up Deferrals for the Plan Year designated as Roth Contributions shall be credited to the Participants’ Roth Contribution Accounts,
in the amounts of their respective Catch-Up Deferral elections for such Plan Year and the designation, if any, of any portion of such Catch-Up Deferrals as Roth Contributions. Catch-Up Deferrals shall be fully vested and nonforfeitable. 

(e) Catch-Up Deferrals shall not be subject to any of the limitations under Article V. 

(f) The Plan Administrator may specify rules from time to time governing Catch-Up Deferrals, including, but not limited
to, rules regarding (i) the timing, method, and implementation dates of Catch-Up Deferral elections, (ii) the return or recharacterization of Catch-Up Deferrals as Elective Deferrals, and (iii) the recharacterization of Elective
Deferrals of an Eligible Active Participant as Catch-Up Deferrals, to the extent the Elective Deferrals of the Eligible Active Participant would otherwise exceed the limitations of Article V and the total Catch-Up Deferrals of the Participant (after
recharacterization) do not exceed the limits of subsection (b) above. Such rules shall be in compliance with any applicable guidance issued by the Secretary of the Treasury, and, to the extent deemed advisable by the Plan Administrator in order
to comply with such guidance, such rules may override any of the preceding provisions of this Section 4.11. 

  
 30 

 (g) Catch-Up Deferrals will be treated as Elective Deferrals for all
purposes of this Plan; other than Section 4.02 (relating to Matching Contributions) and Article V (relating to Limitations on Contributions); provided, however, that Catch-Up Deferrals recharacterized under subsection (f) as Elective
Deferrals will be eligible for Matching Contributions to the extent provided for Elective Deferrals in Section 4.02 
 4.12
Military Service. Notwithstanding any provision of this Plan to the contrary, contributions, benefits and service credit with respect to qualified military service shall be provided in accordance with Code section 414(u). 

(a) Death Benefits Under USERRA. Effective January 1, 2007, if a Participant dies while performing Qualified
Military Service, the survivors of the Participant are entitled to any additional benefits provided under the Plan as if the Participant had resumed and then terminated employment on account of death pursuant to Code section 401(a)(37), Notice
2010-5 and any superseding guidance. 
 (b) Differential Military Pay. Effective for Plan Years beginning
after December 31, 2008, pursuant to Code section 414(u)(12), Notice 2010-5 and any superseding guidance, a Participant receiving differential wage payments (as defined in Code section 3401(h)(2)) shall be treated as an Employee of the Employer
making the payment and the differential wage payments shall be treated as Compensation under the Plan. 
 (i) For
purposes of Code sections 401(k)(2)(B)(i)(I), 403(b)(7)(A)(ii), 403(b)(11)(A), or 457(d)(1)(A)(ii), a Participant shall be treated as having terminated from employment during any period the Participant is performing services described in Code
section 3401(h)(2)(A). 
 (ii) If a Participant elects to receive a distribution by reason of Subsection (b)(1),
the Participant may not make an Elective Deferral during the 6-month period beginning on the date of distribution. 

  
 31 

 ARTICLE V 
 Limitations on Contributions 
 5.01 Excess Deferrals.
Notwithstanding Section 4.01 or anything in a Participant’s Salary Reduction Agreement, the sum for any calendar year of (i) Elective Deferrals of any Participant under this Plan, (ii) any elective deferrals excluded from the
Participant’s gross income made under a Related Plan, and (iii) the amount of elective deferrals under any other plan if the Participant notifies the Plan Administrator in writing by March 1 of the following calendar year that such
other plan exists under which elective deferrals were excluded from the Participant’s gross income and the amount of such elective deferrals (excluding in every case Catch-Up Deferrals made under Section 4.11 of this Plan or corresponding
provisions authorized by Section 414(v) of the Code of any Related Plan or other plan), shall not exceed the applicable Dollar Limit. The “Dollar Limit” is seventeen thousand five hundred dollars ($17,500) for 2013, as adjusted for
Plan Years thereafter for cost-of-living increases by the Secretary of the Treasury or his or her delegate pursuant to Sections 402(g)(4) and 415(d) of the Code. If the sum of such amounts exceeds the Dollar Limit for a calendar year, the Plan
Administrator shall, not later than the April 15 following the close of such calendar year, distribute to the Participant all or such portion of the Participant’s Elective Deferrals in excess of the Dollar Limit (by first distributing
unmatched Elective Deferrals that are not Roth Contributions, then by distributing unmatched Elective Deferrals that are Roth Contributions, then by distributing matched Elective Deferrals that are not Roth Contributions, and finally by distributing
matched Elective Deferrals that are Roth Contributions) for such calendar year in an amount equal to the greater of (i) the amount the Plan Administrator determines is necessary to eliminate the excess of the sum of the amount described in
clauses (i) and (ii) above over the, including net income and minus any loss allocable to such amount determined in accordance with Section 5.05, or (ii) the amount requested in writing by the Participant on or before the
March 1 following the close of such calendar year. Any Matching Contributions (including any net income and minus any loss allocable thereto determined in accordance with Section 5.05) made with respect to such distributed Elective
Deferrals matched Plan Administrator shall be forfeited and allocated in accordance with Section 4.10(f). 
 5.02 Excess
Contributions: The ADP Test. Notwithstanding Section 4.01 or anything in a Participant’s Salary Reduction Agreement, a Participant’s Elective Deferrals shall not exceed the amounts permitted under the non-discrimination rules of
Section 401(k) of the Code as set forth in this Section. 
 (a) Imposition of Limit. Elective
Deferrals made with respect to a Highly Compensated Employee for a Plan Year shall not exceed such amount as the Plan Administrator determines is necessary to cause the Average ADP (as defined in subsection (d) below) of Active Participants who
are Highly Compensated Employees to not exceed the greater of the following limits (the “Required ADP Test”): 
 (1) General Limit. The Average ADP of the Highly Compensated Employees for such Plan Year shall not be more than the Average ADP of all other Active Participants for such Plan Year multiplied by
1.25; or 

  
 32 

 (2) Alternative Limit. The excess of the Average ADP of Highly
Compensated Employees for such Plan Year over the Average ADP of all other Active Participants for such Plan Year shall not be more than two (2) percentage points, and the Average ADP of the Highly Compensated Employees for such Plan Year shall
be not more than the Average ADP of all other Active Participants for such Plan Year multiplied by two (2). 
 If
the Plan Administrator so elects by amendment to this Plan, it may apply the limits set forth in paragraphs (1) and (2) of this subsection (a) by using the Average ADP of Active Participants (other than Highly Compensated Employees)
for the Plan Year preceding the Plan Year for which the determination is made rather than for the current Plan Year; provided that such election may not be changed except as provided by the Secretary of the Treasury. 

(b) Manner of Reduction to Satisfy Limit. To the extent the Plan Administrator determines is necessary to pass the
Required ADP Test, Elective Deferrals (and Matching Contributions allocated with respect to Elective Deferrals that are reduced) shall be reduced for Highly Compensated Employees in the following steps: 

Step 1: The Plan Administrator shall first determine the dollar amount of the reductions which would have to be made to
the Elective Deferrals of each Highly Compensated Employee who is an Active Participant for the Plan Year in order for the Average ADP of the Highly Compensated Employees for the Plan Year to satisfy the Required ADP Test. Such amount shall be
calculated by first determining the dollar amount by which the Elective Deferrals of Highly Compensated Employees who have the highest Actual Deferral Percentage (as defined in subsection (d)) would have to be reduced until the first to occur of:
(i) such Employees’ Actual Deferral Percentage would equal the Actual Deferral Percentage of the Highly Compensated Employee or group of Highly Compensated Employees with the next highest Actual Deferral Percentage; or (ii) the
Average ADP of all of the Highly Compensated Employees, as recalculated after the reductions made under this Step 1, satisfies the Required ADP Test. Then, unless the recalculated Average ADP of the Highly Compensated Employees satisfies the
Required ADP Test, the reduction process shall be repeated by determining the dollar amount of reductions which would have to be made to the Elective Deferrals of the Highly Compensated Employees who, after the prior reductions made in this step 1,
would have the highest Actual Deferral Percentage until the first to occur of: (iii) such Employees’ Actual Deferral Percentage, after the current and all prior reductions under this Step 1, would equal the Actual Deferral Percentage of
the Highly Compensated Employee or group of Highly Compensated Employees with the next highest Actual Deferral Percentage; or (iv) the Average ADP of all of the Highly Compensated Employees, as recalculated after the current and all prior
reductions made under this Step 1, satisfies the Required ADP Test. This process is repeated until the Average ADP of all of the Highly Compensated Employees, after all reductions, satisfies the Required ADP Test. 

  
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 Step 2. Next, the Plan Administrator shall determine the total dollar amount
of reductions to the Elective Deferrals calculated under Step 1 (“Total Excess Contributions”). 
 Step
3. Finally, the Plan Administrator shall reduce the Elective Deferrals of the Highly Compensated Employees with the highest dollar amount of Elective Deferrals by the lesser of the dollar amount which: (i) causes each such Highly Compensated
Employee’s Elective Deferrals to equal the dollar amount of the Elective Deferrals of the Highly Compensated Employee or group of Highly Compensated Employees with the next highest dollar amount of Elective Deferrals; or (ii) reduces the
Highly Compensated Employees’ Elective Deferrals by the Total Excess Contributions. Then, unless the total amount of reductions made to Highly Compensated Employees’ Elective Deferrals under this Step 3 equals the amount of the Total
Excess Contributions, the reduction process shall be repeated by reducing the Elective Deferrals of the group of Highly Compensated Employees with the highest dollar amount of Elective Deferrals, after the prior reductions made in this Step 3, by
the lesser of the dollar amount which: (iii) causes each such Highly Compensated Employees’ Elective Deferrals, after the current and all prior reductions under this Step 3 to equal the dollar amount of the Elective Deferrals of the Highly
Compensated Employees with the next highest dollar amount of Elective Deferrals; or (iv) causes total reductions to equal the Total Excess Contributions. This process is repeated with each successive group of Highly Compensated Employees with
the highest dollar amount, after all reductions, of the Elective Deferrals until the total reductions made under this Step 3 is equal to the Total Excess Contributions. 

(c) Distribution of Excess Contributions. The Plan Administrator shall, not later than the last day of the Plan
Year next following the Plan Year in which such amounts are contributed, distribute the Total Excess Contributions (including any income earned and minus any loss allocable to such amounts determined in accordance with Section 5.6) to the
Highly Compensated Employees on whose behalf such Elective Deferrals were made. Any required distribution will be made first from Elective Deferrals that are not Roth Contributions and then if necessary form Elective Deferrals that are Roth
Contributions. Matching Contributions (including any income earned and minus any loss allocable thereto determined in accordance with Section 5.6) made with respect to such distributed Elective Deferrals shall be forfeited and allocated in
accordance with Section 4.10(f). 
 (d) Average ADP; Actual Deferral Percentage. The “Average
ADP” for a specified group of Active Participants for a Plan Year shall be the average of the Actual Deferral Percentages (as defined below) of the members of such group. The “Actual Deferral Percentage” of an Active Participant is
the ratio of the amount of Elective Deferrals actually paid over to the Plan on behalf of such Active Participant for such Plan Year divided by the Active Participant’s Statutory Compensation for the Plan Year, or, at the discretion of the Plan
Administrator to the extent not prohibited by regulations prescribed by the Secretary of the Treasury or his or her delegate, the sum of (i) Elective Deferrals (to the extent not included in the Actual Contribution Percentage under
Section 5.03(d)), and (ii) any portion on all of the QNECS and QMACS actually paid over to the Plan on behalf of such Active Participant for the Plan Year, divided by the Active Participant’s Compensation for the Plan Year.

  
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 (e) Aggregation Rules. The Actual Deferral Percentage for any Active
Participant who is a Highly Compensated Employee for the Plan Year and who is eligible to have Elective Deferrals allocated under this Plan and is also eligible to have elective deferrals (within the meaning of Section 401(m)(4)(B) of the
Code), qualified matching contributions (within the meaning of Treas. Reg. § 1.401(k)-6) or qualified nonelective contributions (within the meaning of Treas. Reg. § 1.401(k)-6), allocated pursuant to a cash or deferred arrangement under
one or more Related Plans shall be determined as if such elective deferrals, qualified matching contributions and qualified nonelective contributions were made under a single arrangement. If a Highly Compensated Employee participates in two or more
cash or deferred arrangements that have different plan years, all cash or deferred arrangements ending with or within the same calendar year shall be treated as a single arrangement. 

In the event that this Plan satisfies the requirements of Section 401(k), 401(a)(4) or 410(b) of the Code only if
aggregated with one or more Related Plans, or if one or more Related Plans satisfy the requirements of such sections of the Code only if aggregated with this Plan, then this Section shall be applied by determining the Actual Contribution Percentages
of Participants as if this Plan and all such Related Plans were a single plan; provided, however, that the Plan and one or more Related Plans may be aggregated in order to satisfy the non-discrimination requirements of Section 401(k) of the
Code only if such plans have the same plan year and employ consistent testing methods. 
 5.03 Excess Aggregate
Contributions: The ACP Test. Notwithstanding Section 4.2, Matching Contributions shall not exceed the amounts permitted under the non-discrimination rules of Section 401(m) of the Code as set forth in this Section. 

(a) Imposition of Limit. Matching Contributions made on behalf of Highly Compensated Employees for a Plan Year
shall not exceed such amount as the Plan Administrator determines is necessary to cause the Average ACP (as defined in subsection (d) below) of Active Participants who are Highly Compensated Employees not to exceed the greater of the following
limits (the “Required ACP Test”): 
 (1) General Limit. The Average ACP of the Highly
Compensated Employees for such Plan Year shall not be more than the Average ACP of all other Active Participants for such Plan Year Multiplied by 1.25; or 
 (2) Alternative Limit. The excess of the Average ACP for Highly Compensated Employees for such Plan Year over the Average ACP of all other Active Participants for such Plan Year shall not be more
than two (2) percentage points, and the Average ACP of the Highly Compensated Employees for such Plan Year shall not be more than the Average ACP of all other Active Participants for such Plan Year multiplied by two (2). 

  
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 If the Plan Administrator so elects, it may apply the limits set forth in
paragraphs (1) and (2) of this subsection (a) by using the Average ACP of all other Active Participants (other than Highly Compensated Employees) for the Plan Year preceding the Plan Year for which the determination is made rather
than for the current Plan Year; provided that such election may not be changed except as provided by the Secretary of the Treasury. 
 (b) Manner of Reduction to Satisfy Limit. To the extent that the Plan Administrator, after giving effect to any reduction in the amount of Matching Contributions pursuant to Section 5.02(c),
determines is necessary to pass the Required ACP Test, Matching Employer Contributions shall be reduced for Highly Compensated Employees in the following steps: 
 Step 1: The Plan Administrator shall first determine the dollar amount of the reductions which would have to be made to the Matching Contributions of each Highly Compensated Employee who is an Active
Participant for the Plan Year in order for the Average ACP of the Highly Compensated Employees to satisfy the Required ACP Test. Such amount shall be calculated by first determining the dollar amount by which the Matching Contributions of the Highly
Compensated Employees who have the highest Actual Contribution Percentage (as defined in subsection (d)) would have to be reduced until the first to occur of: (i) such Employees’ Actual Contribution Percentage would equal the Actual
Contribution Percentage of the Highly Compensated Employee or group of Highly Compensated Employees with the next highest Actual Contribution Percentage; or (ii) the Average ACP of all of the Highly Compensated Employees, as recalculated after
the reductions made under this Step 1, satisfies the Required ACP Test. Then, unless the recalculated Average ACP of the Highly Compensated Employees satisfies the Required ACP Test, the reduction process shall be repeated by determining the dollar
amount of reductions which would have to be made to the Matching Contributions of the Highly Compensated Employees who, after the prior reductions made in this Step 1 would have the highest Actual Contribution Percentage until the first to occur of:
(iii) such Employees Actual Contribution Percentage, after all the current and prior reductions under this Step 1 would equal the Actual Contribution Percentage of the Highly Compensated Employee or group of Highly Compensated Employees with
the next highest Actual Contribution Percentage; or (iv) the Average ACP of all of the Highly Compensated Employees, as recalculated after the current and all prior reductions under this Step 1, satisfies the Required ACP Test. This process is
repeated until the Average ACP of all of the Highly Compensated Employees, as recalculated after all reductions made under this Step 1, satisfies the Required ACP Test. 

Step 2. Next, the Plan Administrator shall determine the total dollar amount of reductions to the Matching Employer
Contributions calculated under Step 1 (“Total Excess Aggregate Contributions”). 

  
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 Step 3. Finally, the Plan Administrator shall reduce the Matching Employer
Contributions of the Highly Compensated Employees with the highest dollar amount of Matching Employer Contributions by the lesser of the dollar amount which: (i) causes each such Highly Compensated Employee’s Matching Contributions to
equal the dollar amount of the Matching Employer Contributions of the Highly Compensated Employee or group of Highly Compensated Employees with the next highest dollar amount of Matching Contributions; or (ii) reduces the Highly Compensated
Employees’ Matching Contributions by the Total Excess Aggregate Contributions. Then, unless the total amount of reductions made to Highly Compensated Employees’ Matching Employer Contributions under this Step 3 equals the amount of Total
Excess Aggregate Contributions, the reduction process shall be repeated by reducing the Matching Contributions of the group of Highly Compensated Employees with the highest dollar amount of Matching Employer Contributions, after the prior reductions
made in this Step 3, by the lesser of the dollar amount which: (iii) causes each such Highly Compensated Employee’s Matching Contributions, after the current and cell prior reductions under this Step 3, to equal the dollar amount of the
Matching Contributions of Highly Compensated Employees with the next highest dollar amount of Matching Contributions; or (iv) causes total reductions to equal the Total Excess Aggregate Contributions. This process is repeated with each
successive group of Highly Compensated Employees with the highest dollar amount, after all reductions, of the Matching Contributions until the total reductions made under this Step 3 is equal to the Total Excess Aggregate Contributions. 

(c) Distribution of Excess Contributions. The Plan Administrator shall, not later than the last day of the Plan
Year next following the Plan Year in which such amounts are contributed, distribute the Total Excess Aggregate Contributions (including any income earned and minus any loss allocable to such amounts determined in accordance with Section 5.05),
to the Highly Compensated Employees on whose behalf such Matching Contributions were made. 
 (d) Average ACP;
Actual Contribution Percentage. The “Average ACP” for a specified group of Active Participants for a Plan Year shall be the average of the Actual Contribution Percentages (as defined below) of the members of such group. The
“Actual Contribution Percentage” of an Active Participant is the ratio of the amount of Matching Employer Contributions actually paid over to the Plan on behalf of such Active Participant for such Plan Year divided by the Active
Participant’s Statutory Compensation for the Plan Year, or at the discretion of the Plan Administrator to the extent not prohibited by regulations prescribed by the Secretary of Treasury or his or her delegate, the sum of (i) Matching
Contributions (and QMACs to the extent not included in the Actual Deferral Percentage under Section 5.02(d)), and (ii) any portion or all of the Elective Deferrals or QNECs (to the extent not included in the Actual Deferral Percentage
under Section 5.02(d)) actually paid over to the Plan on behalf of such Active Participant for the Plan Year, divided by the Active Participant’s Statutory Compensation during the Plan Year. 

(e) Aggregation Rules. The Actual Contribution Percentage for any Active Participant who is a Highly Compensated
Employee for the Plan Year and who is eligible to have Matching Contributions allocated under this Plan and is also eligible to make employee nondeductible contributions or to have matching contributions (within the meaning of
Section 401(m)(4)(A) of the Code) allocated under one or more Related Plans shall be determined as if the total of such Matching Employer Contributions, employee nondeductible contributions, and matching contributions were made under a single
arrangement. 

  
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 In the event that this Plan satisfies the requirements of
Section 401(m), 401(a)(4) or 410(b) of the Code only if aggregated with one or more Related Plans, or if one or more Related Plans satisfy the requirements of such sections of the Code only if aggregated with this Plan, then this Section shall
be applied by determining the Actual Contribution Percentages of Participants as if this Plan and all such Related Plans were a single plan; provided, however, that the Plan and one or more Related Plans may be aggregated in order to satisfy the
non-discrimination requirements of Section 401(m) of the Code only if such plans have the same plan year and employ consistent testing methods. 
 5.04 Order of Application of Limitations. Section 5.01 shall be first applied to contributions under the Plan; second, Section 5.02 shall be applied to contributions under the Plan; and
last, Section 5.03 shall be applied to contributions under the Plan. Section 5.06 shall be applied to contributions under the Plan without regard to Sections 5.01, 5.02 or 5.03. 

5.05 Allocation of Income or Loss. Any income or loss for the applicable Plan Year attributable to contributions distributed
pursuant to Sections 5.01, 5.02 or 5.03 shall be distributed or forfeited, as applicable. The Plan Administrator shall determine such distributable income or loss by computing income or loss attributable to distributed contributions for the
completed Plan Year using any reasonable method permitted under Treas. Reg. §§ 1.401(k)-2(b)(2)(iv), 1.401(m)-2(b)(2)(iv), and 1.402(g)-1(e)(5), as applicable; provided that the method does not violate Section 401(a)(4) of the Code,
is used consistently for all Participants and for all corrective distributions under the Plan for the Plan Year, and is used by the Plan for allocating income to Participants’ Accounts. No income (or loss) shall be distributed for the period
between the end of the applicable Plan Year and the date of the distribution. 
 5.06 Section 415 Limitation on
Contributions. 
 (a) Limitations on Contributions. Notwithstanding any provisions of this Plan to the
contrary, a Participant’s Annual Additions (as defined in subsection (b)(1) below) for any Plan Year shall not exceed his or her Maximum Annual Additions (as defined in subsection (b)(2) below) for the Plan Year. If a Participant’s Annual
Additions exceed his or her Maximum Annual Additions, the Participant’s Annual Additions for the Plan Year shall be reduced according to subsection (c) below by the amount necessary to eliminate such excess (the “Annual Excess”).

 (b) Definitions. 

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

  
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 (A) Elective Deferrals, Matching Contributions, Company Contributions,
QNECs, QMACs, and Minimum Top Heavy Employer Contributions (if any, as determined under Article XII) and any Forfeitures thereof, allocated for the Plan Year. 
 (B) All employer contributions, non-deductible employee contributions and forfeitures for such Plan Year allocated to such Participant’s accounts for such Plan Year under any Related Defined
Contribution Plan, 
 (C) contributions allocated to any individual medical account (as defined in Code
Section 401(h)) established for the Participant which is part of a Related Defined Benefit Plan as provided in Code Section 415(l) and any amount attributable to post-retirement medical benefits allocated to an account established under
Code Section 419A(d)(1) for the Participant; provided, however, that the limitation in Section (b)(2)(A) below shall not apply to any amounts treated as an Annual Addition under this subsection (b)(1)(C). 

A Participant’s Annual Additions shall include amounts described in this subsection (b)(1) that are determined to be
excess contributions as defined in Section 401(k)(8)(B) of the Code, excess aggregate contributions as defined in Section 401(m)(6)(B) of the Code, and excess deferrals as described in Section 402(g) of the Code, regardless of whether
such amounts are distributed or forfeited. Rollover Contributions and trust-to-trust transfers shall not be included as part of a Participant’s Annual Additions. The Annual Additions for any Plan Year beginning before January 1, 1987 shall
not be recomputed to treat all non-deductible employee contributions as Annual Additions. 
 (2) “Maximum
Annual Additions” of a Participant for a Plan Year means the lesser of (A) or (B) below: 

(A) Percentage Limitation. 100% of the Participant’s Statutory Compensation during the Plan Year; or

 (B) Dollar Limitation. Fifty-one thousand $51,000 (in 2013, as adjusted for cost-of-living increases
in accordance with regulations prescribed by the Secretary of the Treasury or his or her delegate pursuant to the provisions of Section 415(d) of the Code). 

(c) Elimination of Annual Excess. If a Participant has an Annual Excess for a Plan Year, such excess shall not be
allocated to the Participant’s Accounts but shall be eliminated as follows: 

  
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 (1) Unmatched Elective Deferrals Participant Contributions. The
Participant’s unmatched Elective Deferrals (first unmatched Elective Deferrals that are not Roth Contributions and then unmatched Elective Deferrals that are Roth Contributions) for the Plan Year shall be reduced to the extent necessary to
eliminate the Annual Excess. 
 (2) Matched Elective Deferrals and Related Matching Contributions. If any
Annual Excess remains, the Participant’s matched Elective Deferrals (first unmatched Elective Deferrals that are not Roth Contributions and then unmatched Elective Deferrals that are Roth Contributions) and the related Matching Contributions
for the Plan Year shall be reduced in proportionate amounts to the extent necessary to eliminate the Annual Excess. 
 (3) Company Contributions. If any Annual Excess remains, the Company Contributions for the Plan Year shall be reduced to the extent necessary to eliminate the Annual Excess. 

(4) QNECs or QMACs. If any Annual Excess remains, the Participant’s QNECs or QMACs for the Plan Year shall be
reduced to the extent necessary to eliminate the Annual Excess. 
 (d) Standard of Control. For purposes
of this Section 5.06, the standard of control for determining a Related Company under Sections 414(b) and 414(c) of the Code (and thus also Related Plans) shall be deemed to be “more than 50%” rather than “at least 80%.”

  
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 ARTICLE VI 
 Trustee and Trust Fund 
 6.01 Trust Agreement. The Company and the
Trustee have entered into a Trust Agreement which provides for the investment of the assets of the Plan and administration of the Trust Fund. The Trust Agreement, as from time to time amended, shall continue in force and shall be deemed to form a
part of the Plan and any and all rights or benefits which may accrue to any person under the Plan are subject to all the terms and provisions of the Trust Agreement. 
 6.02 Selection of Trustee. The Company shall select and may remove the Trustee and the Trustee may resign in accordance with the Trust Agreement. The resignation or removal of a Trustee and the
appointment of a successor Trustee and the approval of his, her or its accounts shall be accomplished in the manner provided in the Trust Agreement. 
 6.03 Plan and Trust Expenses. All expenses incurred by the Trustee or the Plan Administrator in the administration of the Plan and the Trust (including compensation of the Trustee, accountants,
attorneys and other persons who render advice or services to the Plan or Trust, if any) shall be paid by the Trust except to the extent paid by the Company. Expenses uniquely attributable to the Accounts of a particular Participant (and not paid by
the Company), including but not limited to expenses of a discount brokerage account, shall, to the extent permitted by law, be charged to such Account and shall not be treated as a general Trust expense chargeable to the Accounts of all
Participants. Expenses uniquely attributable to a particular Investment Fund (and not paid by the Company) shall be charged to such Investment Fund and shall not be treated as a general expense chargeable to the Accounts of all Participants.

 6.04 Trust Fund. The Trust under this Plan shall be a separate entity aside and apart from Employers or their assets.
All Elective Deferrals, Matching Contributions, Company Contributions and Rollover Contributions to the Plan shall be paid into the Trust, and all benefits payable under the Plan shall be paid from the Trust. An Employer shall have no rights or
claims of any nature in or to the assets of the Trust Fund except (1) the right of the Company to require the Trustee to hold, use, apply and pay such assets held by the Trustee, in accordance with the directions of the Plan Administrator, for
the exclusive benefit of the Participants and their Beneficiaries, and (2) the Employers’ rights of reversion as provided in Sections 5.06 and 6.11. The Trust, and the corpus and income thereof, shall in no event and in no manner
whatsoever be subject to the rights or claims of any creditor of any Employer. 
 6.05 Separate Accounts. The Plan
Administrator shall maintain separate Accounts for each Participant as described in Section 2.01 hereof. Contributions shall be credited to Participant’s Accounts in accordance with Section 4.07. Withdrawals and distributions shall be
charged to a Participant’s Accounts on the Valuation Date coinciding with or next preceding the date such withdrawal or distribution is made from the Participant’s Accounts. Earnings, gains and losses shall be credited or charged to a
Participant’s Accounts on the Valuation Date coinciding with or next following the date such amounts are actually credited or charged by the Investment Fund in which such Participant’s Accounts are invested. Expenses shall be charged to a
Participant’s Accounts on the Valuation Date coinciding with or next preceding the date such expenses are actually paid by the Investment Fund in which such Participant’s Accounts are invested. 

  
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 6.06 Investment Committee. The Company shall appoint an Investment Committee composed
of one (1) or more persons who are officers, directors or employees of the Company or a Related Company to select Investment Funds, to appoint and remove any Investment Manager, to engage consultants, to formulate an investment policy, to
monitor the performance of Investment Funds and Investment Managers, and to perform such other functions with respect to the investment of the assets of the Plan as the Company may direct. Each member of the Committee shall serve until death,
resignation, removal, or until he or she ceases to be an officer, director or employee of any of the Company and any Related Company. Any member of the Committee may resign upon fifteen (15) days written notice to the Company. The Company may
remove any member of the Committee upon fifteen (15) days written notice to such member and all other members of the Committee. If a vacancy occurs in the membership of the Committee the Company may (and if there would otherwise be no members
of the Committee, shall) appoint a successor member of the Committee who shall have the same powers and duties as those conferred upon his or her predecessor(s). The Company shall advise the Trustee, any Investment Manager and the Plan Administrator
of the membership of the Committee and of any change therein; and the Trustee, any Investment Manager and the Plan Administrator shall be protected in reliance on any such notice. The Committee shall act at a meeting, or in writing without a
meeting, by the vote or concurrence of a majority of its members; provided, however, that no member of the Committee who is a Participant shall take part in any action having particular reference to his or her own benefits hereunder. All written
directions by the Committee may be made over the signatures of a majority or its members and all persons shall be protected in relying on such written directions. 
 6.07 Investment Funds. The assets of the Trust Fund shall be invested in the Investment Funds authorized by the Investment Committee for the investment of Participants’ Accounts. The
Investment Committee may, from time to time, authorize additional Investment Funds with such investment characteristics, as it deems appropriate. The Investment Committee may also terminate the use of any Investment Fund by this Plan as it deems
appropriate. The Trustee, Investment Manager, or the manager of any Investment Fund, may modify the investment characteristics of any Investment Fund as it deems appropriate. The designation, modification or termination of any Investment Fund shall
be reflected in the records of the Plan and shall be communicated promptly to the Plan Administrator. Subject to the provisions of Section 6.08, up to one hundred percent (100%) of a Participant’s Accounts may be invested in the
Company Stock Fund. 
 In order to maintain appropriate or adequate liquidity and pending or pursuant to investment directions,
the Trustee, Investment Manager or the manager of any Investment Fund is authorized to hold such portions of each of the Investment Funds as it deems necessary in cash or liquid short-term cash equivalent investments or securities (including, but
not limited to, United States government treasury bills, commercial paper, and savings accounts and certificates of deposit, and common or commingled trust funds invested in such securities). 

  
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 6.08 Investment of Participants’ Accounts. 

(a) In General. Except as provided in subsections (b) or (c) below, a Participant may direct the
investment of his or her Accounts among the Investment Funds in accordance with such rules and procedures as the Plan Administrator may establish or adopt. A Participant’s investment election made pursuant to this Section shall continue in
effect, notwithstanding any change in the amount of contributions to the Plan, until such Participant shall change his or her investment election in accordance with such rules and procedures. If for any reason contributions are allocated to an
Account of a Participant who has not given such direction, such Account shall be invested in the default Investment Fund, as determined by the Plan Administrator. Notwithstanding any provision in this Section to this contrary, the Plan
Administrator, the Trustee or the manager of any Investment Fund may issue rules and regulations imposing such restrictions and limitations on the investment of contributions in, and transfers of Account balances among, the Investment Funds as it
deems appropriate from time to time, consistent with the investment objectives of the respective Investment Funds. 
 A Participant may elect to invest up to fifty percent (50%) of his Account Balance in a discount brokerage account provided by a brokerage firm that is a member of NASD/SIPC designated or authorized
by the Investment Committee to provide individually directed accounts for purposes of this Plan. 
 (b)
Company Stock. Notwithstanding the foregoing, if the Company in its sole discretion makes Company Contributions or Matching Contributions in part or in whole in the form of Company Stock, such Company Stock shall be initially contributed to
the Company Stock Fund. A Participant may, in accordance with such rules and procedures as the Plan Administrator may establish or adopt, direct the investment of Elective Deferrals and Rollover Contributions, and Matching Contributions and Company
Contributions made in cash, into the Company Stock Fund. A Participant may not elect to transfer into the Company Stock Fund any portion of his or her Accounts that are invested in another Investment Fund. However, a Participant may elect to
transfer all or a portion of his or her Accounts that are invested in the Company Stock Fund into another Investment Fund in accordance with such rules and procedures as the Plan Administrator may establish or adopt. Cash dividends and other cash
distributions received with respect to the portion of a Participant’s or Beneficiary’s Accounts invested in the Company Stock Fund shall be retained in the Company Stock Fund and reinvested in Company Stock. 

To the extent provided in Code section 401(a)(35), Treas. Reg. section 1.401(a)(35)-1 and any superseding guidance, an
applicable individual may elect to direct the Plan to divest any publicly traded employer securities held in the applicable portion of his or her Account and to reinvest an equivalent amount in other investment options offered under the Plan. This
diversification right only applies to publicly traded employer securities that are held in the Account for which the individual meets the definition of applicable individual. 

  
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 (c) Other Employer Stock. If a Participant has an Inactive Account
invested in Employer Stock other than Company Stock, he or she may, in accordance with such procedures as the Plan Administrator may establish or adopt, elect to transfer all or a portion of such Account into another Investment Fund. A Participant
may not elect to transfer into Employer Stock any portion of his or her Accounts that are invested in another Investment Fund, nor to direct the investment of Elective Deferrals, Matching Contributions, Company Contributions or Rollover
Contributions into Employer Stock, other than Company Stock as provided by subsection (c). 
 (d) GICs.
Accounts of former participants in the Hourly Plan invested in guaranteed investment contracts (“GICs”) issued by the Principal Mutual Life Insurance Company as of the Effective Date shall remain invested in such GICs until the GIC matures
or the Participant (or Beneficiary) elects to transfer part or all of his or her Account balance from such GIC to another Investment Fund. No funds may be transferred into a GIC. Unless otherwise elected by the Participant (or Beneficiary) in
accordance with such rules and procedures as the Plan Administrator may establish or adopt, amounts becoming available from maturing GICs will be invested in the default Investment Fund, as determined by the Plan Administrator. 

(e) Fiduciary Responsibility. Except as expressly limited by subsections (b) and (c) above, the
Participant has sole authority and discretion, fully and completely, to select the Investment Fund(s) for the investment of his or her Accounts. The Participant accepts full and sole responsibility for the success or failure of any selection he or
she makes. To the maximum extent permitted by Section 404(c) of ERISA, neither the Trustee, the Company, the Investment Committee, any Investment Manager, the Plan Administrator, any Employer, nor any other person shall be responsible for
losses that are the direct and necessary result of investment instructions given by any Participant. 
 6.09 Shareholder
Rights in Company Stock. 
 (a) Participant Directions. Each Participant as a named fiduciary, shall
have the right to direct the Trustee as to the manner of voting and the exercise of all other rights which a shareholder of record has (including, but not limited to, the right to sell or retain shares in a public or private tender offer) with
respect to shares (and fractional shares) of Company Stock which have been allocated to the Participant’s Accounts in the Company Stock Fund and not yet become a Forfeiture under Section 4.11(d). Subject to subsection (c) below, the
Trustee shall vote or exercise shareholder rights with respect to all shares (and fractional shares) of Company Stock in the Company Stock Fund for which the Trustee received timely directions from Participants in accordance with such
Participants’ directions. The Trustee shall vote all shares (and fractional shares) of Company Stock in the Company Stock Fund for which the Trustee has not received timely voting instructions in the Trustee’s sole discretion. In the event
of a tender offer for Company Stock, the Trustee shall determine in its sole discretion whether to tender any shares (or fractional shares) of Company Stock in the Company Stock Fund for which the Trustee does not receive a timely direction from the
Participant or Beneficiary as to whether to tender such shares (and fractional shares). 

  
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 (b) Confidentiality. The Trustee shall solicit the directions of
Participants in accordance with Section 6.09(a) and shall follow such directions by delivering aggregate votes to the Company or otherwise implementing such directions in any convenient manner that preserves the confidentiality of the votes or
other directions of individual Participants, except to the extent necessary to comply with applicable federal laws or state laws that are not preempted by ERISA. Any designee of the Trustee who assists in the solicitation or tabulation of the
directions of Participants shall certify in writing that he, she or it will maintain the confidentiality of all directions given. 
 (c) Fiduciary Override. Notwithstanding the foregoing, in the event that the Trustee determines that the manner of voting and the exercise of other shareholder rights with respect to shares of
Company Stock held in the Company Stock Fund is not proper or is contrary to the provisions of ERISA (including, without limitation, the fiduciary responsibility requirements of Section 404 of ERISA), the Trustee shall disregard such direction
and assume responsibility for the voting or exercise of other shareholder rights with respect to such shares of Company Stock held in the Company Stock Fund. 
 6.10 Trust Income. As of each Valuation Date, the fair market value of the Trust and of each Investment Fund shall be determined (other than the value of GICs, which shall be as determined by
Principal Mutual Life Insurance Company) and recorded by the Trustee. The Trustee’s (or Principal Mutual Life Insurance Company’s) determination of fair market value shall be final and conclusive on all persons. As of each Valuation Date,
the Trustee shall determine the net income, gains or losses of the Trust Fund and of each separate Investment Fund since the preceding Valuation Date. The net income, gains or losses thus derived from the Trust shall be accumulated and shall from
time to time be invested as a part of the Trust Fund. The Trustee shall proportionately allocate the net income, gains or losses of each Investment Fund among (a) the Participants’ Accounts and (b) the suspense account maintained
under Section 5.06(c) for unallocated Employer contributions, all as valued as of the preceding Valuation Date (reduced by any distributions therefrom since the preceding Valuation Date) by crediting (or charging) each such Account by an amount
equal to the net income, gains or losses of each Investment Fund multiplied by a fraction, the numerator of which is the balance of such Account invested in such Investment Fund as of the preceding Valuation Date (reduced by any distributions
therefrom since the preceding Valuation Date) and the denominator of which is the total value of all Accounts invested in such Investment Fund as of the preceding Valuation Date (reduced by any distributions therefrom since the preceding Valuation
Date). Not later than ninety (90) days after the last day of the Plan Year (or after such additional date or dates as the Plan Administrator in its discretion may request), the Trustee shall provide the Plan Administrator and the Investment
Committee with a written report detailing the fair market value of the Trust and of each Investment Fund as of the last day of the Plan Year (or as of such other date or dates as the Plan Administrator in its discretion may request). 

  
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 6.11 Correction of Error. In the event of an error in the administration or the Plan
or otherwise in maintaining a Participant’s Accounts that is not otherwise corrected in accordance with Sections 5.01, 5.02(c), 5.03(c) or 5.06(c), the Company may in its sole discretion elect for one or more Employers to contribute such amount
as it shall determine is necessary and appropriate to correct the error. Unless the Company so elects, the Plan Administrator, in its sole discretion, may correct such error by either (i) in the case of an error resulting in reducing a
Participant’s Account balance, allocating Forfeitures for the Plan Year to such Participant’s Accounts in such amount as he shall determine to be needed to correct the error, or (ii) crediting or charging the adjustment required to
make such correction to or against income or as an expense of the Trust for the Plan Year in which the correction is made. Except as provided in this Section, the Accounts of other Participants shall not be readjusted on account of such error.

 6.12 Right of the Employers to Trust Assets. Except as provided in Section 5.06(c) and subject to (a) and
(b) below, the Employers shall have no right or claims to the Trust Fund except the right to require the Trustee to hold, use, apply, and pay such assets in its possession in accordance with the Plan for the exclusive benefit of the
Participants or their Beneficiaries and for defraying the reasonable expenses of administering the Plan and Trust. 
 (a) Return of Contributions Where Deduction is Disallowed. If, and to the extent that, a deduction for Elective Deferrals, Matching Contributions, Company Contributions, QNECs or QMACs is
disallowed under Section 404 of the Code, Elective Deferrals conditioned on deductibility will be distributed to the appropriate Participant and Matching Contributions, Company Contributions, QNECs and QMACs conditioned upon deductibility will
be returned to the appropriate Employer (as determined by the Plan Administrator) within one (1) year after the disallowance of the deduction. 
 (b) Return of Contributions Made Through Mistake of Fact. If, and to the extent that, a contribution of Elective Deferrals, Matching Contributions, Company Contributions, QNECs or QMACs is made
through mistake of fact, Elective Deferrals will be distributed to the appropriate Participant and Matching Contributions, Company Contributions, QNECs and QMACs will be returned to the appropriate Employer (as determined by the Plan Administrator)
within one year of the payment of the contribution. 
 6.13 Group Trust. In the event that the Trust is a part of any
group trust (within the meaning of Internal Revenue Service Revenue Rulings 81-100 and 2011-1): (i) participation in the Trust is limited to (1) individual retirement accounts which are exempt from taxation under Code section 408(e) and
Roth individual retirement accounts described in Code Section 408A pursuant to Internal Revenue Service Revenue Ruling 2004-67, (2) pension and profit-sharing trusts which are exempt from taxation under Code section 501(a) by qualifying
under Code section 401(a), (3) eligible governmental plan trusts described in Code section 457(b) pursuant to Internal Revenue Service Revenue Ruling 2004-67, and (4) effective as provided in Internal Revenue Service Revenue Ruling 2011-1
(as modified by Internal Revenue Service Notice 2012-6 and any superseding guidance) the accounts and plans described in Internal Revenue Service Revenue Ruling 2011-1; (ii) no part of the corpus or income which equitably belongs to any
individual retirement account or a plan’s trust may be used for or diverted to any purposes other than for the exclusive benefit of the individual or the employees, respectively, or their beneficiaries who are entitled to benefits under such
participating individual retirement account or a plan’s trust,; (iii) no part of the equity or interest in the Trust Fund shall be subject to assignment by a participating individual retirement account or a plan’s trust; (iv) the
Trustee shall maintain separate accounts for each Plan; (v) the group trust is created or organized in the United States and is maintained at all times as a domestic trust in the United States; and (vi) for the plans and accounts described
in Internal Revenue Service Revenue Ruling 2011-1, the requirement of such ruling and superseding guidance is met. 

  
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 ARTICLE VII 
 Loans and Withdrawals 
 7.01 Participant Withdrawals. A Participant
may, in accordance with this Section, withdraw all or a portion of his or her Accounts, other than his or her Roth Contribution Account, pursuant to subsection (a), (b) or (c); provided, however, that the amount withdrawn pursuant to this
Section 7.01 shall not be greater than the amount of the Participant’s vested Account Balance available for withdrawal under this Section. Withdrawals shall be made pro rata from each Investment Fund (including the Company Stock Fund) in
which the Account or Accounts from which the withdrawal is paid are invested. 
 (a) In-Service Withdrawals
from Rollover Account and Certain Prior Plan Accounts. A Participant may withdraw, in accordance with Section 7.03, for any reason, all or any portion of his or her Rollover Account or Roth Rollover Account and, subject to the restrictions
imposed by Appendix A and Schedule 1, any other Inactive Account comprising Rollover Contributions or after-tax employee contributions made under this Plan or a Transferor Plan. 

(b) Age 59-1/2 Withdrawals. A Participant who has attained age 59-1/2 may withdraw, in accordance with
Section 7.03, for any reason, all or any part of all of his or her vested Account Balance s in any or all of his or her Accounts, other than an Account arising under a Transferor Plan that was subject to Section 412 of the Code.

 (c) Hardship Withdrawal. A Participant may withdraw, in accordance with Section 7.03, for reasons
of Hardship, that portion of his or her Employee 401(k) Account excluding any income or gain credited to his or her Employee 401(k) Account for any period after December 31, 1988; subject to the following requirements: 

(i) Maximum Amount. The maximum amount available for a Hardship withdrawal prior to May 1, 2013 is fifty
percent (50%) and effective May 1, 2013, one hundred percent (100%) of the sum of (i) the balance of the Participant’s Employee 401(k) Account as of December 31, 1988, plus (ii) the dollar amount of Elective
Deferrals made after December 31, 1988, minus (iii) previous Hardship withdrawals of Elective Deferrals or of income or gain thereon. 
 (ii) Necessary to Satisfy Immediate and Heavy Financial Need. The amount of the withdrawal on account of Hardship shall not exceed the amount necessary to satisfy the Participant’s immediate
and heavy financial need arising by reason of a Hardship, including the amount needed to pay any federal, state and local income taxes and penalties reasonably expected to be incurred by reason of the withdrawal. 

(iii) Exhaustion of Other Sources of Funds. The Participant must have obtained all distributions and withdrawals
other than Hardship distributions or withdrawals, and all non-taxable loans currently available under the Plan and all Related Plans and the Participant must have exercised all options to acquire Company Stock granted under an equity incentive or
any similar plan maintained by an Employer or any Related Company if such options are currently exercisable and if the fair market value of Company Stock exceeds the exercise price of the option. 

  
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 (iv) Certification by Participant. The Plan Administrator may rely on
a certification by the Participant in writing (or in such other form as may be prescribed by the Commissioner of Internal Revenue) that the immediate and heavy financial need cannot be relieved from other resources that are reasonably available to
the Participant, including (i) by reimbursement or compensation by insurance or otherwise, (ii) by liquidation of the Participant’s assets, (iii) by cessation of elective contributions or employee contributions under the Plan,
(iv) by other currently available distributions under plans described in clause (iii) above, or (v) by borrowing from commercial sources on reasonable commercial terms in an amount sufficient to satisfy the need. For purposes of this
clause (iv) a need cannot reasonably be relieved by one of the foregoing actions if the effect would be to increase the amount of the need. 
 (v) Six Month Suspension of Elective Deferrals. The Participant’s Elective Deferrals under the Plan, and voluntary participant contribution and elective deferrals under all other qualified and
nonqualified plans of deferred compensation (including equity incentive or any similar plans, and cash or deferred arrangements which are part of a cafeteria plan within the meaning of Section 125 of the Code but excluding health or welfare
benefits and flexible spending arrangements that are part of a cafeteria plan) maintained by an Employer or a Related Company, shall be suspended for a period of six (6) months following the receipt of the Hardship withdrawal. 

7.02 Participant Loans. Upon proper application of a Participant for any reason, the Plan Administrator shall grant a loan to such
Participant on such terms and conditions, consistent with this Section, as the Plan Administrator shall determine. 
 (a) Loan Amount. The maximum loan amount, when added to all outstanding amounts loaned to the Participant from the Plan and all Related Plans shall not exceed the least of: 

(1) fifty thousand dollars ($50,000), reduced by the excess (if any) of: 

(A) the Participant’s highest outstanding balance of loans from the Plan and all Related Plans during the one
(1)-year period ending on the day before the date on which such loan is made, over 
 (B) the Participant’s
outstanding balance of loans from the Plan and all Related Plans on the date on which such loan is made; 

  
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 (2) fifty percent (50%) of the Participant’s vested Account
Balance valued as of the most recent Valuation Date for which a valuation has been completed preceding the date of disbursement of the loan. 
 The minimum loan amount shall be one thousand dollars ($1,000). No loan shall be available to a Participant unless the maximum loan available under this subsection (a) exceeds one thousand dollars
($1,000). A Participant may not have more than one loan from the Plan outstanding at any time. 
 (b) Loan
Terms. Any loan made under this Section 7.02 shall, by its terms, be required to be repaid within five (5) years, unless the loan is used to acquire a dwelling unit which within a reasonable time is to be used (determined at the time
the loan is made) as a principal residence of the Participant, in which case the loan shall, by its terms, be required to be repaid within fifteen (15) years. 

(c) Level Amortization. All loans, except as provided in the regulations prescribed by the Secretary of the
Treasury, shall be amortized over the term of the loan in substantially level payments not less frequently than quarterly. A Participant’s loan shall be repaid by means of payroll deduction. 

(1) Authorized Leave of Absence. Notwithstanding the foregoing provisions of this Section, a Participant’s
loan payments shall be suspended for a period of up to one year while the Participant is on an unpaid Authorized Leave of Absence (other than a military leave described in clause (2) below); provided that the loan must be repaid within the term
specified in subsection (b) and the installments due after the earlier of the Participant’s resumption of active service or the first anniversary of the commencement of the Authorized Leave of Absence may not be less than the installments
payable immediately prior to the commencement of the Authorized Leave of Absence. 
 (2) Military Leave.
Notwithstanding the provisions of subsection (b) and (a), a Participant’s loan repayments shall be suspended as permitted under Section 414(u)(4) of the Code during periods of absence from employment due to Qualified Military Leave
effective as of December 12, 1994. 
 (d) Loans Granted on a Reasonably Equivalent Basis. The Plan
Administrator may grant such loans and may direct the Trustee to lend Trust Fund assets to such Participant, provided that such loans are available to all Participants on a reasonably equivalent basis, are not made available to Highly Compensated
Employees in amounts greater than the amounts made available to other Employees, bear a reasonable rate of interest, and are adequately secured. 

  
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 (e) Pledge of Accounts. Any loan made pursuant to this
Section 7.02 shall be made pro rata from the Participant’s Accounts other than his or her Roth Contribution Account. If a Participant’s Account is invested in more than one Investment Fund at the time of the loan, the loan shall be
made pro rata from each Investment Fund in which the Accounts from which the loan is disbursed are invested, except to the extent an Inactive Account is not available for loans as set forth in Schedule 1. Such loan and any accrued but unpaid
interest with respect thereto, shall constitute a first lien upon the interest of such Participant in the Accounts from and to the extent to which the loan is made and, to the extent that the loan may be unpaid at the time the Participant’s
Accounts become payable, shall be deducted from the amount payable to such Participant or his Beneficiary at the time of distribution of any portion of his or her Accounts. In the event that a Participant fails to repay a loan according to its terms
and foreclosure occurs, the Plan may foreclose on the portion of the Participant’s Accounts which secure the loan and which would be distributable to the Participant as of the earliest date on which the Participant could elect a distribution or
withdrawal pursuant to this Article or Article VII. Such foreclosed amount shall be deemed to be a distribution. 

(f) Loan Earmarked as a Separate Investment for Participant’s Accounts. The note representing the loan shall
be segregated as a separate Investment Fund held by the Trustee as a separate earmarked investment solely for the account of the Participant. Interest and principal payments on a Participant’s loan shall be credited to each of the
Participant’s Accounts in the ratio that the amount of the loan borrowed from the Account bears to the total amount of the loan borrowed from all of the Participant’s Accounts. Interest and principal payments shall be invested in
accordance with the Participant’s investment election under Section 6.08 in effect at the time such interest and principal payment is made. 
 (g) Spousal Consent. If any part of the loan will be disbursed from a Restricted Account, the Participant must obtain the consent of his or her spouse, if any, to use of his or her Accounts as
security for the loan. Spousal consent shall be obtained no earlier than the beginning of the ninety (90)-day period that ends on the date on which the loan is to be so secured. The consent must be in writing, must acknowledged the effect of the
loan and must be witnessed by a notary public. Such consent shall thereafter be binding with respect to the consenting spouse or any subsequent spouse with respect to that loan. A new consent shall be required if the Accounts are used as security
for the renegotiation, extension, renewal or other revision of the loan. 
 (h) Loans Subject to Terms and
Conditions Imposed by Plan Administration. Any loan made pursuant to this Section, subject to the foregoing requirements, shall be subject to such origination fee and other terms and conditions as the Plan Administrator may in its discretion
impose. The Plan Administrator may adopt such non-discriminatory rules and regulations relating to loans to Participants as it may deem appropriate. 
 7.03 Request for Distribution. A withdrawal or loan shall be paid only if the Participant or Beneficiary files a written request for a withdrawal with the Plan Administrator on such form as the
Plan Administrator shall provide or permit and in accordance with such rules and regulations as the Plan Administrator may prescribe. A withdrawal or loan disbursed to a married participant from a Restricted Account shall require the consent of the
participant’s spouse in accordance with Appendix A. A withdrawal or loan shall be paid as soon as administratively feasible after the first Valuation Date that after the Plan Administrator receives a valid written request for a withdrawal or
loan. 

  
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 ARTICLE VIII 
 Benefits 
 8.01 Payment of Benefits in General. Subject to the
special rules applicable to Restricted Accounts set forth in Appendix A, a Participant’s benefits under this Plan shall be payable in accordance with the provisions of this Article. Except as otherwise specifically provided, the provisions of
this Article shall apply to all distributions occurring on or after the Effective Date including distributions to Participants (or to the Beneficiaries of deceased Participants) who had a Termination of Employment prior to the Effective Date.

 8.02 Payment on Termination of Employment. If a Participant has a Termination of Employment, the Participant (or if
the Participant has died, his or her Beneficiary) shall be entitled to a distribution of the vested portion of the Participant’s Account Balance in such one of the following methods as the Participant (or if the Participant has died and has not
elected a form of distribution which precludes his or her Beneficiary from making a subsequent election, the Participant’s Beneficiary), may elect by written notice to the Plan Administrator in a form acceptable to the Plan Administrator:

 (a) a single lump sum; 

(b) installments at monthly, quarterly or annual intervals over a period certain not exceeding the period determined under
Section 8.06(b) and in compliance with the requirements of Section 8.06. 
 Notwithstanding the foregoing, if for any
reason no election of a form of benefit is on file with the Plan Administrator when payment of the Participant’s Account Balance is required under Section 8.03, or if the Participant’s vested Account Balance does not exceed five
thousand dollars ($5,000) at the time of the Participant’s Termination of Employment, the Trustee will pay the Participant’s vested Account Balance in a single lump sum. 

8.03 Time of Payment. 
 (a) General. Distribution of a Participant’s benefits upon Termination of Employment will normally be available as soon as reasonably practicable after the Valuation Date coinciding or with or
next following the Participant’s Termination of Employment, but not more than sixty (60) days following the end of the Plan Year in which his or her Termination of Employment occurred. However, except as otherwise provided in this Section,
a distribution shall be paid only if and after the Participant or Beneficiary files a written request for a distribution with the Plan Administrator on such form as the Plan Administrator shall provide or permit and in accordance with such rules and
regulations as the Plan Administrator may prescribe. The time of any distribution is subject to subsection (b), (c) and (d). 

  
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 (b) Consent Requirement. If the Participant’s distributable
Account balance is more than five thousand dollars ($5,000), and if the Participant is living but has not attained age sixty-five (65), distribution will not be made without the Participant’s prior written consent before the Participant attains
age sixty-five (65) or dies. The Plan Administrator will notify each such terminated Participant of his or her right to give or withhold such consent at least thirty (30) days, but no more than ninety (90) days, before the date
distribution is made (if in a lump sum) or begins (if in installments). Such distribution may be made less than thirty (30) days after such notice is given if the Plan Administrator clearly informs the Participant that the Participant has a
right to a period of at least thirty (30) days after receiving the notice to consider the decision whether to elect a distribution, and the Participant, after receiving the notice, affirmatively elects a distribution. 

(c) Limitation on Mandatory Deferral. The making (if in a lump sum) or commencement (if in installments) of any
distribution shall not be delayed without the consent of the Participant (or Beneficiary) beyond sixty (60) days after the close of the Plan Year in which occurs the latest of (i) the Participant’s Termination of Employment, or
(ii) the Participant’s Normal Retirement Date. The failure of a Participant or Beneficiary to otherwise elect payment in accordance with the provisions of the Plan shall be deemed to be an election to defer the making or commencement of
payment of benefits until such Participant files a request in accordance with subsection (a) and (if applicable) a consent in accordance with subsection (b), or until the Required Distribution Date as provided in subsection (d) below.

 (d) Required Distribution Date. Notwithstanding any other provision of this Plan or any Participant
election, payment of benefits shall be made (if in a lump sum) or shall commence (if in installments) not later than the Participant’s Required Distribution Date, or such later date as the Secretary of the Treasury or his or her delegate shall
by applicable regulation, ruling or notice permit. If the payment is made in installments, the installment schedule shall comply with Section 8.06. If the payment is made by reason of the death of the Participant, the schedule shall comply with
Section 8.05(d). 
 8.04 Lump Sum Payment Without Election. Notwithstanding any other provision of this Article
VIII, if a Participant (or the Beneficiary of a deceased Participant) is entitled to a distribution (including distributions with respect to Participants who had a Termination of Employment prior to January 1, 1997) and if the value of a
Participant’s vested Account Balance does not exceed five thousand dollars ($5,000), the Plan Administrator shall direct the immediate distribution of such benefit in a single lump sum regardless of any election or consent of the Participant,
his or her spouse or other Beneficiary; provided, however, that no cash-out payment under this subsection shall be made after distribution of benefits has begun without the consent of the Participant or (if the Participant has died and his or her
surviving spouse is his or her Beneficiary) his or her surviving spouse. 

  
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 8.05 Payment Upon Death. 

(a) Designated Beneficiary. Each Participant shall designate a Beneficiary to receive payment of that portion,
which may be all, of his or her Account Balance that is payable after the Participant’s death, on such form as the Plan Administrator shall provide or permit and in accordance with such rules and regulations as the Plan Administrator may
prescribe. The Participant may change his or her Beneficiary from time to time by filing a Beneficiary designation in writing with the Plan Administrator. No designation of Beneficiary or change of Beneficiary shall be effective unless and until it
is received by the Plan Administrator during the Participant’s lifetime and, if applicable, unless and until the consent of the Participant’s spouse (in accordance with subsection) is received by the Plan Administrator. 

(b) Default Beneficiary. If a Participant shall fail to file a valid Beneficiary designation, or if all persons
designated as the Beneficiary shall have died, (or, in the case of a Beneficiary other than an individual, ceased to exist), or if, after a reasonable search, the Plan Administrator is unable to locate the Participant’s Beneficiary within a
period of two years following the Participant’s death, the Participant’s Beneficiary shall be the first of the following in order of precedence: 
 (1) the Participant’s surviving spouse; 
 (2) the Participants
then-living descendants, if any, per stirpes; 
 (3) the Participant’s then-living parent or parents,
equally; 
 (4) the estate of the last to die of the Participant and any designated Beneficiary. 

(c) Spousal Consent. If the Participant is married, his or her designation of a Beneficiary other than his or her
surviving spouse will not be valid unless the spouse has consented to such designation of Beneficiary. Such consent shall be: 
 (1) in a writing acknowledging the effect of the consent; 
 (2)
signed by the Participant’s spouse and witnessed by a notary public or (if the Plan Administrator is an individual employed by the Company or an Employer) the Plan Administrator or an Employee of the Company or an Employer working under the
organizational supervision of the Plan Administrator; 
 (3) effective only for the spouse who gives the consent;

 (4) effective only with respect to the specific beneficiary named in the consent unless the spouse voluntarily
in such consent expressly permits subsequent elections of Beneficiaries without further spousal consent and acknowledges the spouse’s right to limit the consent to a specific Beneficiary; and 

(5) irrevocable unless and until the Participant revokes his or her designation of Beneficiary. 

  
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 However, the consent of a Participant’s spouse shall not be required if
(i) it is established to the satisfaction of a Plan representative that such consent may not be obtained because there is no spouse, or because the spouse cannot be located, (ii) the Participant is legally separated or the Participant has
been abandoned (within the meaning of local law) and the Participant has a court order to such effect, or (iii) because of such other circumstances as the Secretary of the Treasury may by regulations prescribe. If the spouse is legally
incompetent to give consent, the spouse’s legal guardian, even if the guardian is the Participant, may give consent. To the extent provided in any Qualified Domestic Relations Order (as defined in Section 13.03), the former spouse of a
Participant shall be treated as the surviving spouse of such Participant for purposes of providing consent in accordance with this Section 8.05. 
 (d) Time and Period of Distribution. Notwithstanding the foregoing provisions of this Section 8.05, if a Participant dies before distributions begin, the Participant’s entire interest
will be distributed, or begin to be distributed, no later than as follows: 
 (i) If the Participant’s
surviving spouse is the Participant’s sole designated Beneficiary, then distributions to the surviving spouse will begin no later than December 31 of the calendar year immediately following the calendar year containing the fifth
anniversary of the Participant’s death, or by December 31 of the calendar year in which the Participant would have attained age seventy and one-half (70-1/2), if later, 

(ii) If the Participant’s surviving spouse is not the Participant’s sole designated Beneficiary, or if there is
no designated Beneficiary, then the Participant’s entire interest will be distributed to the Beneficiary no later than December 31 of the calendar year containing the fifth anniversary of the Participant’s death. 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 either the Participant or the surviving spouse begin, then this clause
(ii) shall apply as if the surviving spouse were the Participant. 
 (iii) Notwithstanding the foregoing
provisions of this Article VIII or Section 8.06, if for any reason any portion of a Participant’s vested Account Balance is to be paid after his or her death to a trust or to an estate, distribution shall be made in the form of an
immediate lump sum payment. 
 For purposes of this Section 8.05(d) and Section 8.06, distributions are
considered to begin on the Participant’s Required Distribution Date. If distributions under an annuity purchased from an insurance company irrevocably commence to the Participant before the Participant’s Required Distribution Date (or to
the Participant’s surviving spouse before the date distributions are required to begin to the surviving spouse under clause (i)), the date distributions are considered to begin is the date distributions actually commence. The minimum amount of
distributions beginning pursuant to this Section 8.05(d) shall be determined under Section 8.06(e) 

  
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 (e) Rights of Beneficiary. The Beneficiary of a Participant who has
died shall have the same rights and obligations as the Participant with respect to the portion of the interest of the Participant as to which he or she is the Beneficiary, to direct the investment of Accounts pursuant to Section 6.08 and to
direct the Trustee with respect to exercise of rights in Company Stock pursuant to Section 6.09. 
 8.06 Minimum
Distribution Requirements. 
 (a) A Participant’s entire interest will be distributed, or begin to be
distributed, to the Participant no later than the Participant’s Required Distribution Date. Unless a Participant’s interest is distributed in a single sum on or before his or her Required Distribution Date, the amount required to be
distributed for each calendar year, beginning with distributions for the first distribution calendar year (as defined in subsection (f)), will be made in accordance with this Section 8.06. 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. 

(b) During the Participant’s lifetime, the minimum amount that will be distributed for each distribution calendar
year is the lesser of: (i) the quotient obtained by dividing the Participant’s account balance by the distribution period in the Uniform Lifetime Table set forth in section 1.401(a)(9)-9 of the Treasury regulations, using the
Participant’s age as of the Participant’s birthday in the distribution calendar year; or (ii) if the Participant’s sole designated Beneficiary for the distribution calendar year is the Participant’s spouse, the quotient
obtained by dividing the Participant’s account balance by the number in the Joint and Last Survivor Table set forth in Section 1.401(a)(9)-9 of the Treasury regulations, using the Participant’s and spouse’s attained ages as of
the Participant’s and spouse’s birthdays in the distribution calendar year. Required minimum distributions will be determined under this Section 8.06 beginning with the first distribution calendar year and up to and including the
distribution calendar year that includes the Participant’s date of death. 
 (c) If a Participant dies on or
after the date distributions begin and there is a designated Beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the
Participant’s account balance by the longer of the remaining life expectancy of the Participant or the remaining life expectancy of the Participant’s designated Beneficiary, determined as follows: 

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

  
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 (ii) If the Participant’s surviving spouse is the Participant’s
sole designated Beneficiary, the remaining life expectancy of the surviving spouse is calculated for each distribution calendar year after the year of the Participant’s death using the surviving spouse’s age as of the spouse’s
birthday in that year. For distribution calendar years after the year of the surviving spouse’s death, the remaining life expectancy of the surviving spouse is calculated using the age of the surviving spouse as of the spouse’s birthday in
the calendar year of the spouse’s death, reduced by one for each subsequent calendar year. 
 (iii) If the
Participant’s surviving spouse is not the Participant’s sole designated Beneficiary, the designated Beneficiary’s remaining life expectancy is calculated using the age of the Beneficiary in the year following the year of the
Participant’s death, reduced by one for each subsequent year. 
 (d) If the Participant dies on or after the
date distributions begin and there is no designated Beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the
Participant’s account balance by the Participant’s remaining life expectancy calculated using the age of the Participant in the year of death, reduced by one for each subsequent year. 

(e) If the Participant dies before the date distributions begin then, subject to Section 8.05(d): 

(i) If there is a designated Beneficiary, the minimum amount that will be distributed for each distribution calendar year
after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the remaining life expectancy of the Participant’s designated Beneficiary, determined as provided in subsection (d).

 (ii) If there is no designated Beneficiary, distribution of the Participant’s entire interest will be
completed by December 31 of the calendar year containing the fifth anniversary of the Participant’s death. 
 (iii) If the Participant’s surviving spouse is the Participant’s sole designated Beneficiary, and the surviving spouse dies before distributions are required to begin to the surviving spouse
under Section 8.05(d), this Section 8.06(e) will apply as if the surviving spouse were the Participant. 
 (f) For purposes of this Section 8.05(d) and this Section 8.06: 
 (i) “Designated Beneficiary” means the individual who is designated as the Beneficiary under Section 8.05(a) of the Plan and is the designated Beneficiary under
Section 401(a)(9) of the Internal Revenue Code and Section 1.401(a)(9)-4, of the Treasury regulations. 

  
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 (ii) “Distribution calendar year” means 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 Distribution 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 8.05(d). The required minimum
distribution for the Participant’s first distribution calendar year will be made on or before the Participant’s Required Distribution 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 Distribution Date occurs, will be made on or before December 31 of that distribution calendar year. 

(iii) “Life expectancy” means life expectancy as computed by use of the Single Life Table in
Section 1.401(a)(9)-9 of the Treasury regulations. 
 (iv) “Participant’s account
balance” means the account balance as of the last valuation date in the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions made and allocated or
forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date. The account balance for the valuation
calendar year includes any amounts rolled over or transferred to the plan either in the valuation calendar year or in the distribution calendar year if distributed or transferred in the valuation calendar year. 

(g) The requirements of Section 8.05(d) and this Section 8.06 will take precedence over any inconsistent
provisions of the Plan. Distributions required under Section 8.05(d) and this Section 8.06 will be determined and made in accordance with the Treasury Regulations under Section 401(a)(9) of the Internal Revenue Code. 

(h) 2009 Waiver of Requirements. Notwithstanding other provisions of the Plan to the contrary; to the extent provided by
Code section 401(a)(9), IRS Notice 2009,-82 and any superseding guidance: 
 (i) a Participant or Beneficiary who
would have been required to receive a 2009 RMD will not receive that distribution for 2009 unless the Participant or Beneficiary chooses to receive such distribution. Participants and Beneficiaries described in the preceding sentence will be given
the opportunity to elect to receive the distribution described in the preceding sentence. 
 (ii) a Participant
or Beneficiary who would have been required to receive an Extended 2009 RMD will receive that distribution for 2009 unless the Participant or Beneficiary chooses not to receive such distribution. Participants and Beneficiaries described in the
preceding sentence will be given the opportunity to elect to receive the distribution described in the preceding sentence. 

  
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 In addition, notwithstanding other provisions of the Plan to the contrary,
and solely for purposes of applying the direct rollover provisions of the Plan, 2009 RMDs and Extended 2009 RMDs will be treated as Eligible Rollover Distributions. 

(iii) Definitions: 
 1. “2009 RMDs” are Required Minimum Distributions for 2009 but for the enactment of section 401(a)(9)(H) of the Code; 

2. “Extended 2009 RMDs” are one or more payments in a series of substantially equal distributions (that
include the 2009 RMDs) made at least annually and expected to last for the life (or life expectancy) of the Participant, the joint lives (or joint life expectancy) of the Participant and the Participant’s designated Beneficiary, or for a period
of at least 10 years. 
 8.07 Facility of Payment. If a Participant or Beneficiary is (i) declared an incompetent or
is a minor, (ii) a conservator, guardian, or other person legally charged with his or her care has been appointed, and (iii) written notice of such incompetency and appointment is filed with the Plan Administrator before distribution of
benefits, then any benefits to which such Participant or Beneficiary is entitled shall be payable to such conservator, guardian, or other person legally charged with his or her care. Neither the Company, any Employer, the Trustee, the Investment
Committee, any Investment Manager, nor the Plan Administrator, shall be under any duty to see to the proper application of such payments made to a Participant, conservator, guardian, or relatives of a Participant. 

8.08 Form of Payment. Each distribution shall be paid in cash (including negotiable check or other cash equivalent), except that a
Participant or Beneficiary may elect in accordance with such procedures as the Plan Administrator may establish or adopt to receive that portion of his or her distributable Accounts invested in the Company Stock Fund or in other Employer Stock in
the form of whole shares (with cash in lieu of fractional shares) of such Company Stock or other Employer Stock. 
 8.09
Direct Rollover to Another Plan. Notwithstanding any provision of this Plan to the contrary, a Participant or other Distributee (as defined below), may elect, at such time and in such manner as prescribed by the Plan Administrator, to have
all or any portion of the benefits payable to such Distributee which constitutes an Eligible Rollover Distribution (as defined below) as paid by the Trustee directly to the Eligible Retirement Plan specified by such Distributee. Such election shall
be subject to such reasonable administrative requirements as the Plan Administrator may from time to time establish which may include, but shall not be limited to, requirements consistent with Treasury Regulations and other guidance issued by the
Internal Revenue Service permitting de minimis requirements for amounts eligible to be rolled over or paid partly to the Participant and partly rolled over. An election may be made pursuant to this Section only after the Distributee has met
otherwise applicable requirements for receipt of a distribution under the Plan, including any applicable requirements of Appendix A. As used in this Section, the following terms shall have the following meanings: 

  
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 (1) “Eligible Rollover Distribution” means 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 Section 8.06(b); any distribution by reason of Hardship pursuant to Section 7.01(b); and except as provided in the following sentence the portion of any distribution that is
not includable in gross income (determined without regard to the exclusion for net unrealized appreciation with respect to employer securities). 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 includable 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 includable in
gross income and the portion of such distribution which is not so includable. 
 A portion of a distribution will
not fail to be an eligible rollover distribution merely because the portion consists of all or a portion of the Participant’s Roth Contribution Account or Roth Rollover Account. However, such portion may be transferred only to another Roth
elective deferral account under an applicable retirement plan described in Section 402A(e)(l) of the Code or to a Roth IRA described in Section 408A of the Code, and only to the extent the direct rollover is permitted under the rules of
Section 402(c) of the Code. 
 (2) “Eligible Retirement Plan” means an individual
retirement account described in Section 408(a) of the Code, an individual retirement annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in
Section 401(a) of the Code, that accepts the Distributee’s Eligible Rollover Distributions. However, in the case of an Eligible Rollover Distribution to a Participant’s surviving spouse or surviving former spouse who is a Distributee
pursuant to a Qualified Domestic Relations Order (as defined in Section 13.03), an Eligible Retirement Plan is an individual retirement account or individual retirement annuity. For purposes of this Section 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. 

  
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 Notwithstanding the foregoing, effective for distributions made after
December 31, 2007, a Participant may roll over a distribution from the Plan to a Roth IRA provided that the amount rolled over is an eligible rollover distribution (as defined in Code section 402(c)(4)) and, pursuant to Code section
408A(d)(3)(A), there is included in gross income any amount that would be includible if the distribution were not rolled over. 
 Notwithstanding any provisions of this Plan to the contrary, a nonspouse Beneficiary may elect to have all or any portion of the benefits payable to such Distributee which constitutes an eligible rollover
distribution as defined in Section 402(c)(4) of the Code transferred directly to (A) an individual retirement account described in Section 408(a) of the Code or (B) an individual retirement annuity described in
Section 408(b) of the Code (other than an endowment contract) that was established for the purpose of receiving the benefits on behalf of the nonspouse Beneficiary. 

(3) “Distributee” means a Participant. In addition, a Participant’s surviving spouse, former spouse
who is an alternative payee under a Qualified Domestic Relations Order, and a nonspouse Beneficiary are Distributees with regard to the interest of the spouse, former spouse, or nonspouse Beneficiary. 

(4) “Direct Rollover” means a payment by the Plan to the Eligible Retirement Plan specified by the
Distributee. 
 (5) Automatic Rollovers. In the event of a mandatory distribution greater than one
thousand dollars ($1,000), if the Participant does not elect to have such distribution paid directly to an eligible retirement plan specified by the Participant in a direct rollover or to receive the distribution directly in accordance with
Section 8.03(b), then the Plan Administrator will pay the distribution in a direct rollover to an individual retirement plan designated by the Plan Administrator. For purposes of determining whether a mandatory distribution is greater than one
thousand dollars ($1,000), the portion of the Participant’s distribution attributable to any rollover contribution is included. 
 8.10 Deduction of Taxes from Amounts Payable. The Trustee may deduct from any amounts to be distributed under this Plan such amounts as the Trustee, in his, her or its sole discretion, deems proper
to protect the Trustee and the Trust against liability for the payment of death, succession, inheritance, income, or other federal, state or local taxes, and out of the money so deducted, the Trustee may discharge any such liability and pay the
amount remaining to the Participant or his or her Beneficiary, as the case may be. 

  
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 ARTICLE IX 
 Administration 
 9.01 Sponsor Rights and Duties. The Company shall
have overall responsibility for the administration and operation of the Plan, which the Company shall discharge by the appointment and removal (with or without cause) of the Trustee, the Investment Committee and the Plan Administrator. 

9.02 Plan Administrator Rights and Duties. The Plan Administrator shall administer and enforce the Plan and the Trust in
accordance with the terms of the Plan and the Trust Agreement and shall have all powers necessary to accomplish that purpose, including but not by way of limitation, the following, all to be exercised in the sole and absolute discretion of the Plan
Administrator: 
 (a) To issue rules, regulations and procedures and prescribe forms necessary for the proper
conduct and administration of the Plan and to change, alter, or amend such rules, regulations and procedures and forms; 
 (b) To construe the Plan and Trust Agreement; 
 (c) To determine
all questions arising in the administration of the Plan, including those relating to the eligibility of persons to become Participants; the rights of Participants, former Participants and their Beneficiaries; and Employer contributions; 

(d) To determine and advise the Trustee of the amount and kind of benefits payable to Participants or their Beneficiaries;

 (e) To authorize the Trustee to disburse funds from the Trust Fund in accordance with the provisions of the
Plan; 
 (f) To employ and compensate such accountants and attorneys (who may but need not be the accountants or
attorneys of the Company) and other persons to render advice, and such clerical employees as the Plan Administrator may deem necessary to the performance of his, her or its duties; 

(g) To invest all or a portion of the Trust Fund in loans to Participants and to segregate the notes representing such
loan in a separate fund in accordance with Section 7.2; 
 (h) To have prepared and furnished to
Participants and Beneficiaries all information required under federal law or provisions of this Plan to be furnished to them; 
 (i) To have prepared and filed or published with the Department of Labor and the Department of Treasury or other governmental agency all reports and other information required under federal law;

  
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 (j) To make available to Participants upon request, for examination during
business hours, such records as pertain exclusively to the examining Participant; 
 (k) To hear, review and
determine claims for benefits; 
 (l) To delegate his, her or its responsibilities under the Plan to such person
or persons as he, she or it may deem advisable; and 
 (m) To do all other acts and things necessary he, she or
it deems in his, her or its sole discretion to be necessary or appropriate for the administration of the Plan. 
 9.03 Plan
Administrator Bonding and Expenses. The Plan Administrator shall serve without bond (except as otherwise required by federal law) and without compensation for his, her or its service as such; but all expenses incurred in the administration of
the Plan and the Trust shall be paid by the Trust pursuant to Section 6.03 except to the extent paid by the Company. 

9.04 Information To Be Supplied by Participants. Participants and Beneficiaries shall provide the Plan Administrator and the
Trustee or their delegates with such information, as they shall from time to time determine to be necessary in the discharge of their duties for the administration of the Plan and the Trust. The Plan Administrator and the Trustee may rely
conclusively on the information certified to them by a Participant or Beneficiary. 
 9.05 Information To Be Supplied by
Employers. Employers shall provide the Plan Administrator and the Trustee or their delegates with such information, as they shall from time to time determine to be necessary in the discharge of their duties for the administration of the Plan and
the Trust. The Plan Administrator and the Trustee may rely conclusively on the information certified to them by an Employer. 

9.06 Records. The regularly kept records of the Plan Administrator, the Company and the other Employers shall be conclusive
evidence of the Service of a Participant, his or her Compensation, his or her age, marital status, status as an Eligible Employee, and all other matters contained in such records applicable to this Plan. 

9.07 Electronic Media. Under procedures authorized or approved by the Plan Administrator, any form for any notice, election,
designation, or similar communication required or permitted to be given to or received from a Participant or Beneficiary under this Plan may be made available to such Participant or Beneficiary in an electronic medium (including computer network,
e-mail or voice response system) and any such communication to or from a Participant or Beneficiary through such electronic media shall be fully effective under this Plan for such purposes as such procedures shall prescribe; provided, however, that
the consent of a spouse under Section 7.02(g), 8.05(c), or Appendix A, shall be effective only if made in a written document. Any record of such communication retrieved from such electronic medium under its normal storage and retrieval
parameters shall be effective as a fully authentic executed writing for all purposes of this Plan absent manifest error in the storage or retrieval process. 

  
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 9.08 Plan Administrator Decisions Final. The Plan Administrator shall have discretion
to determine all matters within his, her or its jurisdictions. The decisions of the Plan Administrator shall be final, binding and conclusive upon the Employers, and the Trustee and upon each Employee, Participant, former Participant, Beneficiary
and every other person or party interested or concerned. 

  
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 ARTICLE X 
 Claims Procedure 
 10.01 Initial Claim for Benefits. Except as
provided in Section 8.03 for requests for and consents to distribution in certain circumstances, and in Appendix A, no claim shall be required for benefits routinely due to be made or begin under this Plan. Any Participant or Beneficiary (a
“Claimant”) may submit to the Plan Administrator (or to such other person or persons as may be designated by the Plan Administrator) a claim for benefits not received or received in an improper amount. A claim shall be in writing in such
form as is provided or approved by the Plan Administrator. A Claimant shall have no right to seek review of a denial of benefits, or to bring any action in any court to enforce a claim for benefits, prior to his or her filing a claim for benefits
under this Section 10.01 and exhausting his or her rights to review under Section 10.02. 
 When a claim for benefits
has been filed properly, the Plan Administrator shall evaluate such claim for benefits and notify the Claimant of its approval or the denial within ninety (90) days after the receipt of such claim unless special circumstances require an
extension of time for processing the claim. If such an extension of time for processing is required, the Plan administrator shall furnish written notice of the extension to the Claimant prior to the termination of the initial ninety (90) day
period. The notice shall specify the special circumstances requiring an extension and the date by which a final decision will be reached (which date shall not be later than one hundred and eighty (180) days after the date on which the claim was
filed). The Plan Administrator shall give the Claimant written notice whether the claim is granted or denied, in whole or in part. If a claim is denied, in whole or in part, the Plan Administrator shall give the Claimant written notice which shall
contain (1) the specific reasons for the denial, (2) references to pertinent plan provisions upon which the denial is based, (3) a description of any additional material or information necessary to perfect the claim and an explanation
of why such material or information is necessary, and (4) the Claimant’s rights to seek review of the denial. 
 10.02
Review of Claim Denial. If a claim is denied, in whole or in part (or if within the time periods presented in Section 10.01 the Claimant has not received an approval or a denial and the claim is therefore deemed denied), the Claimant
shall have the right to request that the Plan Administrator (or such other person or persons as may be designated by the Plan Administrator) review the denial. The Plan Administrator may in the sole and absolute discretion of the Plan Administrator
appoint a third person other than the Plan Administrator, with such person’s consent but without the consent of any Claimant, to make any decision on review of a claim under this Section 10.02, provided such person acknowledges in writing
that he, she or it is a fiduciary with respect to this Plan for such purpose. A request for review shall be in writing and must be filed with the Plan Administrator within sixty (60) days after the date on which the Claimant received written
notification of the denial. A Claimant (or his or her duly authorized representative) may request and receive copies of pertinent documents and submit issues and comments in writing to the Plan Administrator (or other designated person). Within
sixty (60) days after such request for review is received, the Plan Administrator (or other designated person) shall reconsider the decision and advise the Claimant in writing of the decision on review, unless special circumstances require an
extension of time for processing the review, in which case the Plan Administrator (or other designated person) shall give the Claimant a written notification within such initial sixty (60) day period specifying the reasons for the extension and
advising the Claimant when such review shall be completed. Such review shall be completed within one hundred and twenty (120) days after the date on which the request for review was filed. The Plan Administrator (or other designated person)
shall forward the decision on review to the Claimant in writing and shall include specific reasons for the decision and references to plan provisions upon which the decision is based. A decision on review shall be final and binding on all persons
for all purposes. No action may be brought in any court respecting benefits, which were the subject of a denial of a claim for benefits (other than an action by the Plan Administrator to enforce such denial) more than one (1) year after the
denial of such claim. If a Claimant shall fail to file a request for review in accordance with the procedures described in Sections 10.01 and 10.02, such Claimant shall have no right to review and shall have no right to bring action in any court and
the denial of the claim shall become final and binding on all persons for all purposes. 

  
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 ARTICLE XI 
 Amendment, Merger and Termination of the Plan 
 11.01 Amendments.
The Company may amend, modify, change, revise, discontinue or terminate the Plan at any time prospectively or retroactively. Such amendment, modification, change, revision, discontinuance or termination shall be done by written resolution of the
Board, except that (i) an amendment or modification required (in the reasonable judgment of the Plan Administrator or the Company) to comply with changes in applicable law or to permit the issuance of or conform to the conditions of a favorable
determination letter from the Internal Revenue Service on the qualification of the Plan under Section 401(a) of the Code may be done by written instrument signed on behalf of the Company by the Plan Administrator or officer of the Company; and
(ii) the Plan Administrator may revise Schedule 1 from time to time to reflect the Accounts maintained from time to time under the Plan as long as such revision does not have an effect prohibited by this Section or Section 11.02. However,
except as authorized or permitted by provisions of the Code, or any other statute relating to employees’ trusts, or regulations or ruling issued pursuant thereto, no amendment shall: (i) increase the duties or liabilities of the Trustee or
the Plan Administrator without the consent of the person affected; (ii) have the effect of vesting in any Employer any interest in any funds, securities or other property subject to the terms of this Plan and the Trust Agreement; or authorizing
or permitting at any time any part of the corpus or income of the Trust Fund to be used or diverted to purposes other than for the exclusive benefit of Participants and their Beneficiaries, except as provided in Sections 5.06 and 6.11 or applicable
law as in effect from time to time, or (iii) divest any Participant of his or her vested Account Balance, decrease the Account Balance of any Participant, or eliminate or reduce any early retirement benefit or retirement-type subsidy or
eliminate an optional form of benefit except as permitted by Section 411(d)(6) of the Code and Treasury Regulations and rulings thereunder or other applicable law as in effect from time to time. 

11.02 Plan Merger. The Company may direct the merger or consolidation of this Plan with, or transfer of assets from this Plan to,
another employee benefit plan qualified under Section 401(a) of the Code (“Other Plan”), or may direct the Trustee to accept the merger or consolidation of a Transferor Plan into, or a transfer of assets and liabilities, or portion
thereof, from a Transferor Plan to this Plan, on such terms and conditions as the Company in its sole discretion deems desirable, in the same manner (and subject to the same conditions) as an amendment to this Plan under Section 11.01. However,
the Plan shall not merge or consolidate with, or transfer to or receive from any Transferor Plan or Other Plan any assets or liabilities, (i) unless each Participant would receive a benefit immediately after the merger, consolidation or
transfer (if the Plan were then terminated) which is equal to or greater than the benefit to which he would have been entitled immediately before the merger, consolidation, or transfer (if the Plan were then terminated), and (ii) the merger,
consolidation or transfer of assets does not have an effect prohibited by clause (iii) of the last sentence of Section 11.01 above. The portion of any assets and liabilities received from a Transferor Plan that was attributable to elective
contributions, qualified nonelective contributions or qualified matching contributions (as defined in Treas. Reg. § 1.401(k)-6 (“401(k) Assets and Liabilities”) shall remain subject to the distribution limitations of Treas. Reg.
§ 1.401(k)-1(d). 401(k) Assets and Liabilities of this Plan shall not be transferred to an Other Plan unless the Other Plan provides (as determined by the Plan Administrator) that such 401(k) Assets and Liabilities may not be distributed before
the times specified in Treas. Reg. § 1.401(k)-1(d). The portion of any assets and liabilities received from a Transferor Plan that was subject to Section 412 of the Code shall not be distributable before the earlier of the
Participant’s Normal Retirement Date or Termination of Employment except as otherwise required by Section 401(a)(9) of the Code. No merger, consolidation, or transfer of assets shall impose on the Company or any Related Company any
liabilities or obligations of the sponsor of a Transferor Plan respecting the Transferor Plan or accounts transferred from the Transferor Plan (including but not limited to the obligation to make contributions to such accounts) unless the Company or
Related Company expressly assumes such liabilities or obligations. 

  
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 Subject to the conditions and limitations of Revenue Ruling 2008-40, a transfer of assets
from the Plan’s Trust to a nonqualified foreign trust shall be treated as a distribution. 
 Sponsorship of the Plan may
not be transferred to an unrelated taxpayer if such transfer would violate Revenue ruling 2008-45. 
 11.03 Plan
Termination. The Company, by resolution of the Board, may reduce, suspend or discontinue Employer contributions hereunder, and terminate the Plan at any time in whole or in part, provided, however, that the termination of the Plan or the
reduction, suspension or discontinuance of contributions hereunder shall not have any retroactive effect as to deprive any Participant or Beneficiary of any benefit already accrued. 

11.04 Payment Upon Termination. Upon termination of the Plan or complete discontinuance of Employer contributions, the unvested
portion of each Participant’s Account Balance that has not been forfeited pursuant to Section 4.11 prior to the termination of the Plan or complete discontinuance of Employer contributions shall become fully vested and nonforfeitable. Upon
a partial termination of the Plan, the Account Balance of each former Active Participant who lost status as an Active Participant because of such partial termination shall become fully vested and nonforfeitable. In determining whether a partial plan
termination has occurred, the Plan Administrator shall employ the analysis set forth in IRS Revenue Ruling 2007-43. In the event of termination of the Plan and after payment of all expenses, the Plan Administrator may direct that either
(1) each Participant and each Beneficiary of a deceased Participant receive his or her entire Account Balance as soon as reasonably possible and permitted by regulations under Section 401(k) of the Code where the applicable Employer does
not continue to maintain an alternative defined contribution plan, or (2) the Trust be continued and Participants’ Account Balances be distributed at such times and in such manner as provided in Article VIII, in which case continued
allocations of net income, gains, losses and expenses of the Trust Fund as provided in Article VI shall be made. Any distribution upon Plan termination shall be deemed to include a distribution of Excess Deferrals, Total Excess Contributions, and
Total Excess Aggregate Contributions, to the extent such distribution is required by Article V of the Plan. 

  
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 11.05 Withdrawal from the Plan by an Employer. Any Employer other than the Company
may withdraw from the Plan and Trust Agreement, under such terms and conditions as the Board may prescribe, by delivery to the Trustee and the Company of a resolution of its board of directors electing to so withdraw. An Employer that ceases to be
an Employer shall automatically withdraw from the Plan effective as of the date such Employer ceases to be an Employer unless then or thereafter such Employer affirmatively elects, and the Board affirmatively consents, to such Employer continuing to
be an Employer under this Plan. 

  
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 ARTICLE XII 
 Top Heavy Provisions 
 12.01 Application. The definitions in
Section 12.02 shall apply under this Article XII and the special rules in Section 12.03 shall apply, notwithstanding any other provisions of the Plan, for any Plan Year in which the Plan is a Top Heavy Plan and for such other Plan Years as
may be specified herein. In any year in which the Plan is a multiple employer plan as described in Code Section 413(c), the provisions of this Article XII shall be applied separately to each Employer and Related Company taking account of
benefits under the Plan provided to employees of the Employer or Related Company because of service with that Employer or Related Company. 
 12.02 Special Top Heavy Definitions. The following special definitions shall apply under this Article XII. 
 (a) “Aggregate Employer Contributions” means the sum of all Employer contributions under this Plan allocated for a Participant to the Plan and employer contributions and forfeitures
allocated for the Participant to all Related Defined Contribution Plans in the Aggregation Group. With respect to Non-Key Employees, Elective Deferrals under the Plan and employer contributions attributable to salary reduction or similar arrangement
under any Related Defined Contribution Plans shall not be included in Aggregate Employer Contributions. Matching Contributions under the Plan and employer matching contributions (within the meaning of Section 401(m)(4)(A) of the Code) under any
Related Defined Contribution Plans shall be included in Aggregate Employer Contributions. Matching Contributions that are used to satisfy the minimum contribution requirements of Section 12.03(a) shall be treated as Matching Contributions for
purposes of the actual contribution percentage test of Section 5.03 of the Plan and other applicable requirements of Section 401(m) of the Code. 
 (b) “Aggregation Group” means the group of plans in a Mandatory Aggregation Group, if any, that includes the Plan, unless the inclusion of Related Plans in the Permissive Aggregation
Group would prevent the Plan from being a Top Heavy Plan, in which case “Aggregation Group” means the group of plans consisting of the Plan and each other Related Plan in a Permissive Aggregation Group with the Plan. 

(1) “Mandatory Aggregation Group” means each plan (considering the Plan and Related Plans) that, during
the Plan Year that contains the Determination Date or any of the four preceding Plan Years, 
 (A) had a
participant who was a Key Employee, or 
 (B) was necessary to be considered with a plan in which a Key Employee
participated in order to enable the plan in which the Key Employee participated to meet the requirements of Section 401(a)(4) or 410 of the Code. 

  
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 If the Plan is not described in (A) or (B) above, it shall not be
part of a Mandatory Aggregation Group. 
 (2) “Permissive Aggregation Group” means the group of
plans consisting of (A) the plans, if any, in a Mandatory Aggregation Group with the Plan, and (B) any other Related Plan, that, when considered as a part of the Aggregation Group, does not cause the Aggregation Group to fail to satisfy
the requirements of Section 401(a)(4) and Section 410 of the Code. A Related Plan in (B) of the preceding sentence may include a simplified employee pension plan, as defined in Code Section 408(k), and a collectively bargained
plan, if when considered as a part of the Aggregation Group such plan does not cause the Aggregation Group to fail to satisfy the requirements of Section 401(a)(4) and Section 410 of the Code considering, if the plan is a multiemployer
plan as described in Code Section 414(f) or a multiple employer plan as described in Code Section 413(c), benefits under the plan only to the extent provided to employees of the employer because service with the employer and, if the plan
is a simplified employee pension plan, only the employer’s contribution to the plan. 
 (c)
“Determination Date” means, with respect to a Plan Year, the last day of the preceding Plan Year or, in the case of the first Plan Year, the last day of such Plan Year. If the Plan is aggregated with other plans in the Aggregation
Group, the Determination Date for each other plan shall be, with respect to any plan year, the Determination Date for each such other plan which falls in the same calendar year as the Determination Date for the Plan. 

(d) “Key Employee” means, for the Plan Year containing the Determination Date, any Employee or former
Employee (including any deceased employee) who at any time during such Plan Year was: 
 (1) an officer
(including administrative executives as described in Treasury Regulations Section 1.416-1(T-13)) of the Employer or a Related Company having annual Compensation for the Plan Year greater than one hundred sixty-five thousand dollars ($165,000)
(as adjusted under Section 416(i) of the Code for Plan Years beginning after December 31, 2012); 
 (2)
a more than five percent (5%) owner (or is considered as owning more than five percent (5%) within the meaning of Code Section 318) of the Employer or a Related Company; or 

(3) a more than one percent (1%) owner (or is considered as owning more than one percent (1%) within the meaning
of Code Section 318) of the Employer or a Related Company and has an annual Compensation for such Plan Year from the Employer and Related Companies of more than one hundred fifty thousand dollars ($150,000). 

  
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 No more than a total of fifty (50) persons (or, if lesser, the greater
of three (3) persons or ten percent (10%) of all persons or beneficiaries of persons who are employees or former employees) shall be treated as Key Employees under paragraph (1) above for any Plan Year. If the number of persons who
meet the requirements to be treated as Key Employees under paragraph (1) exceeds such limitation those persons with the highest annual Compensation in a Plan Year for which the requirements are met and who are within the limitation on the
number of Key Employees will be treated as Key Employees. For purposes of determining the number of officers taken into account hereunder, employees described in Section 2.27(b)(i) through (vi) shall be excluded. The determination of who
is a Key Employee will be made in accordance with Section 416(i) of the Code and the applicable regulations 

(e) “Non-Key Employee” means a person with an accrued benefit or account balance in the Plan or any
Related Plan in the Aggregation Group at any time during the Measurement Period who is not a Key Employee, and any beneficiary of such a person. 
 (f) “Present Value of Accrued Benefits” means, for any Plan Year, an amount equal to the sum of (1), (2) and (3), subject to (4), for each person who, in the Plan Year containing the
Determination Date, was a Key Employee or a Non-Key Employee. 
 (1) The value of a person’s accrued benefit
under the Plan and each Related Defined Contribution Plan in the Aggregation Group, determined as of the valuation date coincident with or immediately preceding the Determination Date, adjusted for contributions due as of the Determination Date, as
follows: 
 (A) in the case of a plan not subject to the minimum funding requirements of Section 412 of the
Code, by including the amount of any contributions actually made after the valuation date but on or before the Determination Date, and, in the first plan year of a plan, by including contributions made after the Determination Date that are allocated
as of a date in that first plan year; and 
 (B) in the case of a plan that is subject to the minimum funding
requirements, by including the amount of any contributions that would be allocated as of a date not later than the Determination Date, plus adjustments to those amounts as required under applicable rulings, even though those amounts are not yet
required to be contributed or allocated (e.g., because they have been waived) and by including the amount of any contributions actually made (or due to be made) after the valuation date but before the expiration of the extended payment period in
Section 412(c)(10) of the Code. 
 (2) The sum of the actuarial present values of a person’s accrued
benefits under each Related Defined Benefit Plan in the Aggregation Group, expressed as a benefit commencing at Normal Retirement Date (or the person’s attained age, if later) determined based on the following actuarial assumptions: 

  
 70 

 (A) Interest rate: five percent (5%); and 

(B) Post Retirement Mortality: 1984 Unisex Pension Table; 

and determined in accordance with Code Section 416(g), provided, however, that the accrued benefit of any Non-Key Employee shall be
determined under the method which is used for accrual purposes for all Related Defined Benefit Plans or, if no single accrual method is used in all such plans, such accrued benefit shall be determined as if such benefit accrued not more rapidly than
the slowest accrual rate permitted under Code Section 411(b)(1)(C). The present value of an accrued benefit for any person who is employed by an employer maintaining a plan on the Determination Date is determined as of the most recent valuation
date which is within a twelve (12)-month period ending on the Determination Date, provided however that: 
 (C)
for the first plan year of the plan, the present value for an employee is determined as if the employee had a Termination of Employment (i) on the Determination Date or (ii) on such valuation date but taking into account the estimated
accrued benefit as of the Determination Date; and 
 (D) for the second and subsequent plan years of the plan,
the accrued benefit taken into account for an employee is not less than the accrued benefit taken into account for the first plan year unless the difference is attributable to using an estimate of the accrued benefit as of the Determination Date for
the first plan year and using the actual accrued benefit as of the Determination Date for the second plan year. 

For purposes of this paragraph (2), the valuation date is the valuation date used by the plan for computing plan costs for
minimum funding, regardless of whether a valuation is performed that year. 
 If the Plan provides for a
nonproportional subsidy as described in Treasury Regulations Section 1.416-1(T-27), the present value of accrued benefits shall be determined taking into account the value of nonproportional subsidized early retirement benefits and
nonproportional subsidized benefit options. 
 (3) Distributions made with respect to the Employee under the Plan
and any Related Plan within the Aggregation Group during the one (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 a
Related Plan within the Aggregation Group. In the case of a distribution for a reason other than severance from employment, death or disability, this provision shall be applied by substituting “five (5)-year period” for “one (1)-year
period.” 

  
 71 

 (4) The following rules shall apply in determining the Present Value of
Accrued Benefits: 
 (A) Amounts attributable to qualified voluntary employee contributions, as defined in
Section 219(e) of the Code, shall be excluded. 
 (B) In computing the Present Value of Accrued Benefits
with respect to rollovers or plan-to-plan transfers, the following rules shall be applied to determine whether amounts which have been distributed during the five (5) year period ending on the Determination Date from or accepted into this Plan
or any plan in the Aggregation Group shall be included in determining the Present Value of Accrued Benefits: 

(i) Unrelated Transfers accepted into the Plan or any plan in the Aggregation Group after December 31, 1983 shall
not be included. 
 (ii) Unrelated Transfers accepted on or before December 31, 1983 and all Related
Transfers accepted at any time into the Plan or any plan in the Aggregation Group shall be included. 
 (iii)
Unrelated Transfers made from the Plan or any plan in the Aggregation Group shall be included. 
 (iv) Related
Transfers made from the Plan or any plan in the Aggregation Group shall not be included by the transferor plan (but shall be counted by the accepting plan). 
 (C) The Accrued Benefit of any individual who has not performed services for the Employer maintaining the Plan at any time during the one (1) year period ending on the Determination Date shall be
excluded. 
 (g) “Related Transfer” means a rollover or a plan-to-plan transfer which is either
not initiated by the Employee or is made between plans each of which is maintained by a Related Company. 
 (h) A
“Top Heavy Aggregation Group” exists in any Plan Year for which, as of the Determination Date, the sum of the Present Value of Accrued Benefits for Key Employees under all plans in the Aggregation Group exceeds sixty percent
(60%) of the sum of the Present Value of Accrued Benefits for all employees under all plans in the Aggregation Group; provided that, for purposes of determining the sum of the Present Value of Accrued Benefits for all employees, there shall be
excluded the Present Value of Accrued Benefits of any Non-Key Employee who was a Key Employee for any Plan Year preceding the Plan Year that contains the Determination Date. For purposes of applying the special rules herein with respect to a Super
Top Heavy Plan, a Top Heavy Aggregation Group will also constitute a “Super Top Heavy Aggregation Group” if in any Plan Year as of the Determination Date, the sum of the Present Value of Accrued Benefits for Key Employees under all plans
in the Aggregation Group exceeds ninety percent (90%) of the sum of the Present Value of Accrued Benefits for all employees under all plans in the Aggregation Group. 

  
 72 

 (i) “Top Heavy Plan” means the Plan in any Plan Year in
which the Plan is a member of a Top Heavy Aggregation Group, including a Top Heavy Aggregation Group consisting solely of the Plan. For purposes of applying the rules herein with respect to a Super Top Heavy Plan, a Top Heavy Plan will also
constitute a “Super Top Heavy Plan” if the Plan in any Plan Year is a member of a Super Top Heavy Aggregation Group, including a Super Top Heavy Aggregation Group consisting solely of the Plan. 

(j) “Unrelated Transfer” means a rollover or a plan-to-plan transfer which is both initiated by the
Employee and (a) made from a plan maintained by a Related Company to a plan maintained by an employer which is not a Related Company or (b) made to a plan maintained by a Related Company from a plan maintained by an employer which is not a
Related Company. 
 12.03 Special Top Heavy Provisions. For each Plan Year in which the Plan is a Top Heavy Plan, the
following rules shall apply, except that the special provisions of this Section 12.03 shall not apply with respect to any employee included in a unit of employees covered by an agreement which the Secretary of Labor finds to be a
collective-bargaining agreement between employee representatives and one or more Employers if there is evidence that retirement benefits were the subject of good faith bargaining between such employee representative and the Employer or Employers:

 (a) Minimum Employer Contributions. In any Plan Year in which the Plan is a Top Heavy Plan, the
Employers shall make additional Employer Contributions to the Plan as necessary for each Participant who is employed on the last day of the Plan Year and who is a Non-Key Employee to bring the amount of his or her Aggregate Employer Contributions
for the Plan Year up to at least three percent (3%) of his or her Compensation, or if the Plan is not required to be included in an Aggregation Group in order to permit a Related Defined Benefit Plan in the Aggregation Group to satisfy the
requirements of Section 401(a)(4) or Section 410 of the Code, such lesser amount as is equal to the largest percentage of a Key Employee’s Compensation allocated to the Key Employee as Aggregate Employer Contributions, unless such
Participant is a Participant in a Related Defined Benefit Plan and receives a minimum benefit thereunder in accordance with Section 416(c) of the Code in which case such Participant shall not receive a minimum contribution under this
Section 12.03(a). 

  
 73 

 For purposes of determining whether a Non-Key Employee is a Participant
entitled to have minimum Employer Contributions made on his or her behalf, a Non-Key Employee will be treated as a Participant even if he is not otherwise a Participant (or accrues no benefit) under the Plan because: 

(i) he has failed to complete the requisite number of hours of service (if any) after becoming a Participant in the Plan,

 (ii) he is excluded from participation in the Plan (or accrues no benefit) merely because his or her
compensation is less than a stated amount, or 
 (iii) he is excluded from participation in the Plan (or accrues
no benefit) merely because of a failure to make mandatory employee contributions or, if the Plan is a 401(k) plan, because of a failure to make elective 401(k) contributions. 

Contributions required by this subsection shall be allocated to the Company Contribution Account of the affected Non-Key
Employee. 
 (b) Vesting. For each Plan Year in which the Plan is a Top Heavy Plan and any Plan Year
thereafter, the Employer Contribution Account of a Participant who has at least one (1) Hour of Service after the Plan becomes a Top Heavy Plan and who has completed three (3) or more years of Vesting Service shall become fully vested and
nonforfeitable. 
 (c) Transition Rule for a Top Heavy Plan. For each Plan Year commencing prior to
January 1, 2000 in which the Plan is a Top Heavy Plan and in which the Plan does not meet the special requirements of Section 416(h)(2) of the Code in order to use 1.25 in the denominator of the Defined Contribution Plan Fraction and the
Defined Benefit Plan Fraction, if an Employee was a participant in one or more defined benefit plans and in one or more defined contribution plans maintained by the employer before the plans became Top Heavy Plans and if such Participant’s
Combined Fraction exceeds 1.00 because of accruals and additions that were made before the plans became Top Heavy Plans, a factor equal to the lesser of 1.25 or such lesser amount (but not less than 1.00) as shall be needed to make the
Employee’s Combined Fraction equal to 1.00 shall be used in the denominator of the Defined Benefit Plan Fraction and the Defined Contribution Plan Fraction if there are no further accruals or annual additions under any Top Heavy Plans until the
Participant’s Combined Fraction is not greater than 1.00 when a factor of 1.00 is used in the denominators of the Defined Benefit Plan Fraction and the Defined Contribution Plan Fraction. Any provisions herein to the contrary notwithstanding,
for Plan Years commencing prior to January 1, 2000, if the Plan is a Top Heavy Plan and the Plan does not meet the special requirements of Section 416(h)(2) of the Code in order to use 1.25 in the denominators of the Defined Benefit Plan
Fraction and the Defined Contribution Plan Fraction, there shall be no further Annual Additions for a Participant whose Combined Fraction is greater than 1.00 when a factor of 1.00 is used in the denominator of the Defined Benefit Plan Fraction and
the Defined Contribution Plan Fraction, until such time as the Participant’s Combined Fraction is not greater than 1.00. This Section 12.03(d) shall not apply to any Plan Year commencing after December 31, 1997. 

  
 74 

 (d) Terminated Plan. If the Plan becomes a Top Heavy Plan after it
has formally been terminated, has ceased contributions and has been or is distributing all Plan assets to Participants and their Beneficiaries as soon as administratively feasible or if a terminated Plan has distributed all benefits of Participants
and their Beneficiaries, the provisions of Section 12.03 shall not apply to the Plan. 
 (e) Frozen
Plans. If the Plan becomes a Top Heavy Plan after contributions have ceased under the Plan but all assets have not been distributed to Participants or their Beneficiaries, the provisions of Section 12.03 shall apply to the Plan. 

  
 75 

 ARTICLE XIII 
 Miscellaneous Provisions 
 13.01 Employer Joinder. 

(a) Any Employer immediately before the Effective Date that continues to be a Related Company immediately after the
Effective Date shall continue as an Employer under this Plan. Any entity that is a Related Company as of the Effective Date or which is created by a transfer of assets from an Employer after the Effective Date, and that employs Employees within the
United States who would be Eligible Employees if such Related Company were an Employer, shall be an Employer and shall be deemed to have adopted this Plan and the Trust unless such Related Company by resolution of its board of directors, or the
Company by resolution of the Board, affirmatively provides that such Related Company shall not be an Employer or shall be an Employer only as to selected features pursuant to subsection (b) below. Any other Related Company shall become an
Employer as of the date (if any) as of which such Related Company adopts the Plan by resolution of its board of directors, or as of which the Company designates such Related Company as an Employer under the Plan by resolution of the Board.

 (b) An Employer may adopt this Plan (or the Company may designate a Related Company as an Employer) separately
for each of (i) Elective Deferrals (including Catch-Up Deferrals) (ii) Matching Contributions (if it has also adopted the Plan for Elective Deferrals); (iii) Company Contributions; or (iv) combination thereof; in each case as
specified by resolution of the Employer’s board of directors or of the Company’s Board. Adoption of any of those Plan features will include for such Employer and its Eligible Employees all Plan provisions relating thereto and all generally
applicable Plan provisions, but will not include for such Employer or its Eligible Employees Plan provisions to the extent relating to the features not adopted. If the resolution of the Employer’s board of directors or of the Company’s
Board does not specifically limit Plan adoption to fewer than all of the above features the Employer will be deemed to have adopted the Plan in its entirety for itself and its Eligible Employees. An Employer may withdraw separately from one or more
of the above features by resolution of the Employer’s board of directors in accordance with Section 11.05. 
 (c) Each Employer other than the Company so adopting or deemed to have adopted the Plan thereby irrevocably appoints the Company as its agent to do on its behalf all acts and things required of an
Employer under this Plan and authorizes the Plan Administrator to determine the Employer contributions required of such Employer under this Plan, to the end that Participants, Beneficiaries, the Trustee, the Plan Administrator, and all other persons
may deal with the Company as if it were the only Employer under this Plan. 

  
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 13.02 Non-Alienation of Benefits. Except as provided in Section 13.03, no
benefit payable at any time under this Plan shall be subject in any manner to alienation, sale, transfer, assignment, pledge, attachment, or other legal processes, or encumbrance of any kind, other than federal tax levies and judgments which are
enforceable under federal law. Any attempt to alienate, sell, transfer, assign, pledge or otherwise encumber any such benefits, whether currently or thereafter payable, shall be void. No benefit, nor any fund which may be established for the payment
of such benefits, shall, in any manner, be liable for or subject to the debts or liabilities of any person entitled to such benefits. 
 13.03 Qualified Domestic Relations Order. Notwithstanding Section 13.02, the Plan will pay all or the designated portion of a Participant’s Accounts to an Alternate Payee (as defined
below) pursuant to a Qualified Domestic Relations Order (defined below). Payments to an Alternate Payee pursuant to a Qualified Domestic Relations Order may not be made before the earlier of (i) the date on which the Participant corresponding
to the Qualified Domestic Relations Order is entitled to a distribution under the Plan; or (ii) the later of (A) the date on which such Participant attains age 50 or (B) the earliest date on which such Participant could begin
receiving benefits under the Plan if the Participant had separated from service; provided, however, that clause (ii)(A) shall not apply (and therefore the Plan will make distributions to an Alternate Payee under a Qualified Domestic Relations Order
regardless of whether the Participant has attained age 50) if the Order specifies distributions at an earlier date than otherwise permitted by clause (ii)(A) or permits the Alternate Payee to request or consent to a distribution prior to the date
specified by clause (ii)(A). 
 The term “Qualified Domestic Relations Order” means any judgment, decree or order
(including approval of a property settlement agreement) which: 
 (a) relates to the provision of child support,
alimony payments, or marital property rights to a spouse, child or other dependent of a Participant, 
 (b) is
made pursuant to a State domestic relations law (including a community property law), 
 (c) creates or
recognizes the existence of an Alternate Payee’s right to, or assigns to an Alternate Payee the right to, receive all or a portion of the benefits payable with respect to the Participant, 

(d) clearly specifies the name and last known mailing address, if any, of the Participant and the name and mailing address
of each Alternate Payee covered by the order, the amount and percentage of the Participant’s benefits to be paid by the Plan to each Alternate Payee, or the manner in which such amount or percentage is to be determined, the number of payments
or period to which such order applies and each plan to which such order applies, and 
 (e) does not require the
Plan to provide (i) any form or type of benefit, or any option, not otherwise provided under the Plan, (ii) increased benefits (determined on the basis of actuarial value), (iii) benefits to a beneficiary inconsistent with the form of
distribution available under Article VIII (or, if applicable, Appendix A), (iv) benefits to an Alternate Payee which are required to be paid to another payee under another order previously determined by the Plan Administrator to be a Qualified
Domestic Relations Order; or (v) payments or other benefits to a person other than an Alternate Payee. 

  
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 The Plan Administrator shall establish reasonable procedures to determine the qualified
status of domestic relations order and to administer distributions under such qualified orders, including the establishment of segregated accounts for Alternate Payees. All expenses incurred by the Plan Administrator in determining the qualified
status of a domestic relations order shall be paid as an administrative expense of the Plan as a whole. 
 The term
“Alternate Payee” means any spouse, former spouse, child or other dependent of a Participant who is recognized by a Qualified Domestic Relations Order as having a right to receive all, or a portion of, the benefits payable under the Plan
with respect to the Participant. To the extent provided in any Qualified Domestic Relations Order, the former spouse of a Participant shall be treated as the surviving spouse of such Participant for purposes of consenting to the naming of another
Beneficiary to the extent provided in Sections 8.05 and Appendix A. An Alternate Payee shall be considered a Beneficiary under the terms of this Plan until the Alternate payee’s benefits are distributed. 

In the case of any domestic relations order received by the Plan, the Plan Administrator shall separately account for the amounts payable
under the domestic relations order. If it is determined that the order is not a Qualified Domestic Relations Order, the amounts separately accounted for during such determination shall no longer be accounted for separately. 

Pursuant to DOL regulation 2530.206, a domestic relations order will not fail to be a Qualified Domestic Relations Order solely because
the domestic relations order: (i) revises or is issued after another domestic relations order or Qualified Domestic Relations Order, or (ii) the domestic relations order is issued after the Participant’s death, divorce or annuity
starting date. 
 13.04 Unclaimed Amounts. Unclaimed amounts shall consist of the amounts of the Accounts of a retired,
deceased or terminated Participant which cannot be distributed because of the Plan Administrator’s inability, after a reasonable search, to locate a Participant or his or her Beneficiary within a period of two (2) years after the payment
of benefits becomes due in accordance with Section 8.03. Unclaimed amounts for a Plan Year shall become a Forfeiture and shall be applied in accordance with Section 4.11(f) as of the close of the Plan Year in which such two (2)-year period
shall end. If an unclaimed amount is subsequently properly claimed by the Participant or the Participant’s Beneficiary, said amount shall be paid to such Participant or Beneficiary out of Forfeitures for the Plan Year in which such benefits are
properly claimed and to the extent that Forfeitures for such Plan Year are not sufficient, such payments shall be charged ratably against income or gain of the Trust Fund unless paid by an Employer. 

13.05 No Contract of Employment. Nothing contained in this Plan shall be construed as a contract of employment between any
Employer and any Employee or as creating a right of any Employee to be continued in the employment of any Employer. 

  
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 13.06 Recoupment of or Reduction for Overpayment. If the Plan Administrator
determines that any payment previously made to a putative Participant or Beneficiary was not properly payable, the person to whom such payment was made shall promptly upon notice and demand from the Plan Administrator repay such amount to the Trust,
subject to the right of such payee to request review of such determination in accordance with Section 10.02. If the person to whom such payment was made does not, within a reasonable time, make the requested repayment to the Plan, and if such
person is entitled to other benefits from the Plan, the Plan Administrator may in his, her or its discretion treat the overpayment as an advance payment of benefits, and the Plan Administrator shall direct the Trustee to reduce all future benefits
payable to that person, if any, by the amount of the overpayment. 
 13.07 Employees’ Trust. The Plan and Trust are
created for the exclusive purpose of providing benefits to the Participants in the Plan and their Beneficiaries and defraying reasonable expenses of administering the Plan and Trust. The Plan and Trust shall be interpreted in a manner consistent
with their being a Plan described in Section 401(a) of the Code and a Trust exempt under Section 501(a) of the Code. 

13.08 Source of Benefits. All benefits payable under the Plan shall be paid or provided solely from the Trust and the Employers
assume no liability or responsibility therefore. 
 13.09 Interest of Participants. No Participant or Beneficiary shall
have any interest in any specific assets of the Trust Fund (other than notes representing a loan to the Participant pursuant to Section 7.02) but shall have only an undivided interest in the Trust Funds as a whole. 

13.10 Indemnification. The Company shall indemnify and hold harmless the Plan Administrator, the members of the Investment
Committee, and, if the Trustees are one or more individuals, the Trustees, and each officer and employee of an Employer to whom are delegated duties, responsibilities, and authority with respect to the Plan, from and against all claims, liabilities,
fines and penalties, and all expenses reasonably incurred by or imposed upon him or her (including, but not limited to, reasonable attorney fees) which arise as a result of his or her actions or failure to act in connection with the operation and
administration of the Plan to the extent lawfully allowable and to the extent that such claim, liability, fine, penalty, or expense is not paid for by liability insurance purchased or paid for by the Company. Notwithstanding the foregoing, the
Company shall not indemnify any person for any such amount incurred through any settlement or compromise of any action unless the Company consents in writing to such settlement or compromise. 

13.11 Company Action. Any action this Plan requires or permits the Company to do (including any action taken by the Company as
agent for any other Employer pursuant to Section 13.01) shall be properly done if done by resolution of its Board, or, unless this Plan expressly requires action by such Board, by any officer or employee of the Company authorized to take
actions of such type on behalf of the Company (i) under the by-laws of the Company, (ii) by resolution of the Board, or (iii) by delegation from a person authorized under clause (i) or (ii). 

13.12 Company Merger. In the event that any successor corporation to the Company, by merger, consolidation, purchase or otherwise,
shall elect to adopt the Plan, such successor corporation shall be substituted hereunder for the Company upon filing in writing with the Trustee its election so to do. 

  
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 13.13 Multiple Capacity. Any person or group of persons may serve in more than one
capacity (including more than one fiduciary or nonfiduciary capacity or both a fiduciary and non-fiduciary capacity) with respect to the Plan. 
 13.14 Gender and Number. Except when the context indicates to the contrary, when used herein, masculine terms shall be deemed to include the feminine or neuter, and singular the plural. 

13.15 Headings. The headings of articles and sections are included solely for convenience of reference, and if there is any
conflict between such headings and the text of this Plan, the text shall control. 
 13.16 Uniform and Non-Discriminatory
Application of Provisions. The provisions of this Plan shall be interpreted and applied in a uniform and non-discriminatory manner with respect to all similarly situated Participants, former Participants, and Beneficiaries. 

13.17 Invalidity of Certain Provisions. If any provision of this Plan shall be held invalid or unenforceable, such invalidity or
unenforceability shall not affect any other provisions hereof and the Plan shall be construed and enforced as if such provisions, to the extent invalid or unenforceable, had not been included. 

13.18 Law Governing. The Plan shall be construed and enforced according to the laws of Illinois other than its laws with respect
to choice of law, to the extent not preempted by ERISA. 
 Executed this
             day of January, 2013. 
  

			
	CHICAGO BRIDGE & IRON COMPANY
		
	By	 	 
	Title	 	 

  
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 APPENDIX A 
 A-1. Distribution of Restricted Accounts. Notwithstanding any provisions in the Plan to the contrary, the balance of a Participant’s Restricted Accounts may be distributed, in addition to the
options specified in Section 8.02(a) and (b), by purchase with the vested balance of his or her Restricted Accounts and distribution to the Participant of a nontransferable annuity contract, providing for payment in the form of a Qualified
Joint and Survivor Annuity (as defined below), and in any other form of distribution to which the participant would have been entitled under Section 6.02(b) of the Hourly Plan as in effect on December 31, 1996. The Participant shall select
the method by which his or her benefits shall be distributed in accordance with Section 8.03, except as modified by this Appendix A. If no other election has been made under Section 8.03 and this Appendix A, the Participant’s benefits
attributable to his or her Restricted Accounts will be distributed in the form of a Qualified Joint and Survivor Annuity. 
 For
purposes of this Appendix A, a “Qualified Joint and Survivor Annuity”, for a Participant who is legally married on his or her Annuity Starting Date, is an immediate installment refund annuity for the life of the Participant with a survivor
annuity for the life of such spouse (if such spouse survives the Participant) that is fifty percent (50%) or seventy-five percent (75%), as selected by the Participant prior to the Annuity Starting Date, of the amount of the annuity which is
payable during the joint lives of the Participant and the spouse, and which is the amount of such benefit that can be purchased with the vested balance of the Participant’s Restricted Accounts. If the Participant does not select a Qualifying
Joint and Survivor Annuity of fifty percent (50%) or seventy-five percent (75%), then the default distribution shall be a fifty percent (50%) survivor annuity. If the Participant is not married on his or her Annuity Starting Date, a
“Qualified Joint and Survivor Annuity” is an immediate installment refund annuity for the life of such Participant, which is the amount of such benefit that can be purchased with the vested balance of the Participant’s Restricted
Accounts. The “Annuity Starting Date” is the first day of the first period for which an amount is paid as an annuity or any other form. 
 A-2. Election and Revocation of Joint and Survivor Annuity Form. If a Participant is married on his or her Annuity Starting Date, his or her Restricted Account balances shall be paid in the form of
a Qualified Joint and Survivor Annuity, subject to the following provisions of this subsection. Within one hundred eighty (180) days, but not less than thirty (30) days, preceding the Participant’s Annuity Starting Date, the Plan
Administrator will provide, by a means reasonably calculated to reach the Participant and his or her spouse, election information consisting of: 
 (a) a written description of the Qualified Joint and Survivor Annuity and the relative financial effect of payment of his or her Restricted Account balances in that form; 

(b) a notification of the right to waive payment in that form, the rights of his or her spouse with respect to such waiver
and the right to revoke such waiver, and the effect of such revocation; and 

  
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 (c) the relative values of the various optional forms of benefit under the
plan as provided in Treasury Regulation Section 1.417(a)-3. 
 During an election period commencing on the date the
Participant receives such election information and ending on the later of the one hundred eightieth (180th) day thereafter or the Annuity Starting Date, a Participant may waive payment in the Qualified Joint and Survivor Annuity form and elect payment in such another form permitted by Section A-1;
provided that, the Participant’s surviving spouse, if any, has consented in writing to such waiver and the spouse’s consent acknowledges the effect of such revocation and is witnessed by a notary public. A Participant may, at any time
during his or her election period, revoke any prior waiver of the Qualified Joint and Survivor Annuity form. However, the consent of his or her spouse once given shall be irrevocable unless and until the Participant revokes his or her prior waiver
of the Joint and Survivor Annuity form. A Participant may request, by writing filed with the Plan Administrator during his or her election period, an explanation, written in nontechnical language, of the terms, conditions and financial effect (in
terms of dollars per monthly benefit payment) of payment in the Qualified Joint and Survivor Annuity form. If not previously provided to the Participant, the Plan Administrator shall provide him or her with such explanation within thirty
(30) days of his or her request by a method reasonably calculated to reach the Participant and his or her spouse, and the Participant’s election period will be extended, if necessary, to include the one hundred eightieth (180th) day next following the date on which he or she receives such
explanation. No distribution shall be made from a Participant’s Restricted Accounts until his or her election period has terminated. Notwithstanding the foregoing, if the Participant’s total distributable Account balances (not just
Restricted Account balances) are less than one thousand dollars ($1,000) as of his or her date of Termination, the Trustee shall immediately distribute such benefits in a lump sum without such Participant’s consent pursuant to Section 8.03
of the Plan. 
 A-3. Pre-Retirement Survivor Annuity. The term “Pre-Retirement Survivor Annuity” means an
installment refund annuity for the life of the Participant’s surviving spouse, the payments under which are equal to the amount of benefit which can be purchased with the Participant’s Restricted Accounts as of the date of his or her
death. Payment of such benefits will commence as soon as practicable after the date of the Participant’s death, unless the surviving spouse elects a later date. Any election to waive the Pre-Retirement Survivor Annuity must be made by the
Participant in writing during the election period described herein and shall require the spouse’s consent in the same manner provided for in Section A-2. The election period to waive the Pre-Retirement Survivor Annuity shall begin on the first
day of the Plan Year in which the Participant attains age thirty-five (35) and end on the date of the Participant’s death. In the event a Participant separates from service prior to the beginning of the election period, the election period
shall begin on the data of such separation from service. In connection with the election, the Plan Administrator shall provide each Participant within the period beginning with the first day of the Plan Year in which the Participant attains age
thirty-two (32) and ending with the close of the Plan Year preceding the Plan Year in which the Participant attains age thirty-five (35), a written explanation of the Pre-Retirement Survivor Annuity containing comparable information to that
required pursuant to the provisions of subsections A-2(a), (b), and (c). If the Participant enters the Plan after the first day of the Plan Year in which the Participant attained age thirty-two (32), the Plan Administrator shall provide notice no
later than the close of the second Plan Year following the entry of the Participant into the Plan. In the case of a Participant who has a Termination of Employment before the Plan Year in which age thirty-five (35) is attained, the written
explanation shall be provided within the two (2) year period beginning one (1) year prior to Termination of Employment and ending one year after Termination of Employment. If such a Participant thereafter returns to employment with the
Employer, the applicable period for providing the written explanation shall be redetermined. If the total distributable balance of the Participant’s Accounts (not just Restricted Accounts) is less than one thousand dollars ($1,000) as of his or
her date of Termination, the Trustees shall provide for the immediate distribution of such Accounts to the Participant’s spouse. If the value exceeds one thousand dollars ($1,000), an immediate distribution of the entire amount may be made to
the surviving spouse, provided such surviving spouse consents in writing to such distribution. 

  
 82 

 Schedule 1 

Chicago Bridge & Iron Company 
 Employee Savings Plan 
 Participant Accounts 

CB&I PLAN 
  

													
	 SOURCE NAME
	  	 EXCHANGES
	 	 CONTRIBUTION
MIX CHANGES
	 	 WITHDRAWALS
	 	 VESTING
SCHEDULE
	 	 ANNUITY
RESTRICTIONS
	 	 COMMENTS

	Employee 401(k)	  	permitted	 	Permitted	 	 Age 59
 1/2
 Hardship
 Termination
 Loans
	 	N/A	 	N/A	 	Converted 12/31/96 from Towers Perrin for 401(k) Plan
							
	Prior Employee	  	permitted	 	N/A	 	 Age 59
 1/2
 Hardship
 Termination
 Loans
	 	N/A	 	Annuity provisions Spousal consent	 	Contains pretax deferred money from Callidus, Howe-Baker, A&B, and Matrix Plans
							
	Prior Employer	  	permitted (exchanges into stock are not permitted)	 	N/A	 	 Age 59  1/2
 Hardship
 Termination
 Loans
	 	3 yr. cliff	 	Annuity provisions Spousal consent	 	Contains match and stock sources from Callidus Plan
							
	 Prior Hourly

Employee 401(k)
	  	permitted	 	N/A	 	 Age 59  1/2
 Hardship
 Termination
	 	N/A	 	Annuity provisions Spousal consent	 	Converted 12/31/96 from Principal Financial for Hourly Employees Plan
							
	Annual Company Contribution	  	permitted	 	Permitted	 	 Age 59  1/2
 Termination
 Loans
	 	5 yr. cliff	 	N/A	 	
							
	MPPP Employee Contribution	  	permitted	 	N/A	 	 Age 59  1/2
 Termination
 In-service
 Loans
	 	N/A	 	Annuity provisions Spousal consent	 	Converted 12/31/96 from Principal Financial for Hourly Employees Plan
							
	Post 86 After-Tax	  	permitted	 	N/A	 	 In-service

Loans
	 	100%	 	N/A	 	Contains Howe-Baker, Matrix, A&B after-tax sources
							
	 USERRA
 Employee
401(k)
	  	permitted	 	Permitted	 	 Age 59  1/2
 Hardship
 Termination
 Loans
	 	N/A	 	N/A	 	Contains pre-tax deferrals made by participants on military leave
							
	Travelers Benefit	  	permitted	 	N/A	 	 Age 59  1/2
 Termination
	 	100%	 	N/A	 	

													
	 SOURCE NAME
	  	 EXCHANGES
	  	 CONTRIBUTION
MIX CHANGES
	  	 WITHDRAWALS
	 	 VESTING
SCHEDULE
	 	 ANNUITY
RESTRICTIONS
	 	 COMMENTS

	Prior Plan	  	permitted	  	N/A	  	 Age 59  1/2
 Termination
 In-service
 Loans
	 	N/A	 	Annuity provisions Spousal consent	 	 Converted 12/31/96 from Principal Financial for Hourly Employees Plans

 
 Contains rollover money from CB&I, Callidus, Howe-Baker, A&B, and Matrix
Plans

							
	MPPP Company Contribution	  	permitted	  	N/A	  	 Termination

Loans
	 	100%	 	Annuity provisions Spousal consent	 	Converted 12/31/96 from Principal Financial for Hourly Employees Plans
							
	Pre-2001 Company Match	  	permitted	  	N/A	  	 Age 59  1/2
 Termination
 Loans
	 	100% immediate	 	N/A	 	
							
	Prior QNEC	  	permitted	  	N/A	  	 Termination

Loans
	 	100%	 	Annuity provisions Spousal consent	 	Contains Howe-Baker QNEC
							
	Prior Profit Sharing	  	none	  	N/A	  	 Age 59  1/2
 Termination
 In-service (20% available after 5 yrs. of service)

Loans
	 	100%	 	Annuity provisions Spousal consent	 	Contains Howe-Baker, Matrix, A&B PS sources
							
	 Company

Contribution CB&I

Stock
	  	no exchange out	  	no exchange out	  	 Age 59  1/2
 Termination
 Loans
	 	100%	 	N/A	 	
							
	 Prior Employer

Match
	  	permitted	  	N/A	  	 Age 59  1/2
 Termination
 Loans
	 	5 yr. graded	 	Annuity provisions Spousal consent	 	Contains match sources from Howe-Baker, Matrix, and A&B Plans
							
	Company Match	  	permitted	  	permitted	  	 Age 59  1/2
 Termination
 Loans
	 	5 yr. cliff	 	N/A	 	Contain new company match for 2001 and forward
							
	 USERRA
 Company
Match
	  	permitted	  	Permitted	  	 Age 59  1/2
 Termination
 Loans
	 	3 yr. cliff	 	N/A	 	Contains Company Matching Contributions for participants on military leave
							
	 Prior Plan &
 Rollovers
	  	permitted	  	permitted	  	 Age 59  1/2
 Termination
 In-service
 Loans
	 	N/A	 	N/A	 	Converted 12/31/96 from Towers Perrin for 401(k) Plan

													
	 SOURCE NAME
	  	 EXCHANGES
	  	 CONTRIBUTION
MIX CHANGES
	  	 WITHDRAWALS
	  	 VESTING
SCHEDULE
	  	 ANNUITY
RESTRICTIONS
	  	 COMMENTS

	Lummus Rollover	  	permitted	  	N/A	  	 Age 59  1/2
 Termination
 In-service
 Loans
	  	N/A	  	N/A	  	 Contains pre-tax rollover
 contributions from Lummus

							
	 Lummus After Tax
 Rollover
	  	permitted	  	N/A	  	In-service	  	N/A	  	N/A	  	Contains after-tax rollover contributions from Lummus
							
	Post-2006 Company Contribution	  	permitted	  	permitted	  	 Age 59  1/2
 Termination
 Loans
	  	3 yr. cliff	  	N/A	  	
							
	 Force Reduction

Rehire Company

Contribution
	  	permitted	  	permitted	  	 Age 59  1/2
 Termination
 Loans
	  	100%	  	N/A	  	
							
	 Force Reduction

Rehire Matching

Contribution
	  	permitted	  	Permitted	  	 Age 59  1/2
 Termination
 Loans
	  	100%	  	N/A

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00213-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00213-of-00352.parquet"}]]