Each pay period, the Company will match a percentage of each dollar you save.

The Company will match your contributions up to...

• 100% of first 2% of eligible earnings
• 50% of next 4% of eligible earnings.

The Company Match
Suppose an employee with $50,000 of eligible earnings contributes 6% of eligible earnings for a total savings of $3,000 per year.  The Company matching contribution would be:
100% of first 2% of eligible earnings	$1,000 x 100% = $1,000
50% of next 4% of eligible earnings	$2,000 x 50% = $1,000
The company match would be:                $2,000

Vesting
Vesting is the process through which you earn a right to a benefit under the Savings Program. You are always 100% vested in your own contributions, as adjusted for investment earnings and losses on your contributions. Company matching contributions become 100% vested after you complete three years of Credited Service (as defined in the Glossary). This means if you have worked at the Company for three full years, Company matching contributions are 100% vested.

You will also become immediately 100% vested in all Company matching contributions, adjusted for investment earnings and losses, when you:

• reach age 65 while a Company employee
• retire and are eligible to receive an immediate pension
or
• leave the Company because you are Totally and Permanently Disabled, die or are involuntarily terminated for reasons other than cause.