You are eligible to receive the full value of your Savings Program account when you leave the Company:

• after you are eligible to retire with an immediate pension
• because you are Totally and Permanently Disabled
• after completing three years of Credited Service
• or
• before completing three years of Credited Service for any reason other than your voluntary resignation or your discharge by the Company for cause.

If you voluntarily resign or are discharged for cause before completing three years of Credited Service, you will forfeit any Company matching contributions, adjusted for investment gains and losses.

Forfeitures will be used for corrective contributions and restorations, to reduce matching contributions due from the participating employers for such Plan Year, and for such purposes in succeeding Plan years.

If you die before your entire vested account balance is paid to you, that balance will be paid to your beneficiary. For information about who will be paid your account balance if you do not name a beneficiary, please see the section "Naming Your Beneficiary" earlier in this summary plan description.

Timing of Payouts
When you leave the Company, you may request an immediate payout or choose to defer payment. You may not defer payment, however, beyond December 31st of the year in which you reach age 70-1/2 or the date you retire if you work for the Company beyond age 70-1/2. If you choose to defer payment, your savings will be invested in the Savings Program funds as you direct. Your Roth 401k contributions and earnings are also subject to the required minimum distribution rules unless you rollover the Roth account into a Roth IRA. Currently, you are not required to take a minimum distribution from a Roth IRA.

Payout Methods
If you terminate employment before you are eligible for an immediate pension or Total and Permanent Disability benefits, and decide to receive your Savings Program account, you will receive a lump sum payment.

If you die, your beneficiary may receive the full amount of your Savings Program account balance in a lump sum. If you die and were eligible to retire at the time of your death, your spousal beneficiary may elect a lump sum payment or monthly installment payments over a five-year period. Your spousal beneficiary may also choose to defer payment. A non-spousal beneficiary will receive a lump sum payment or may request a rollover to an IRA account.

If you are eligible for an immediate pension or Total and Permanent Disability benefits when you leave employment, you may elect to receive:

• a single lump sum payment of your total account value
• a partial payment, provided you have a remaining balance of at least $10,000
• monthly installment payments of your fixed period of 10, 15, or 20 years (as long as this method meets the IRS minimum distributions requirements), with monthly recalculations based on market value and the remaining payment period
• monthly installment payments over a period equal to your life expectancy, or the joint life expectancy of you and your spouse
• monthly installments using the uniform life expectancy table with monthly recalculations based on market value and the remaining payment period. Life expectancies are recalculated each year.
• or
• Fixed dollar installment amount that you choose

Partial payments and installments will be distributed from your after-tax contributions first. You will also have the option of requesting a total distribution from your Roth account.

Electing a Payout Method If you leave the Company, The Recordkeeper will send a letter to you describing your payout options. If you are eligible for installment payments, you will also receive the applicable forms. You may make your payout election over the telephone by calling Participant Services.