Defined Contribution Plan Document

ARTICLE VI
PAYMENT OF INDIVIDUAL ACCOUNTS ON TERMINATION OF EMPLOYMENT PRIOR TO RETIREMENT

Section 3: Form of Distribution.

  1. Married Participants.

    If a Participant is married on the date his Individual Account is to be distributed, and he and his spouse do not elect otherwise, his Individual Account will be payable in the form of an Automatic 50% Joint and Survivor Annuity as described in Article V, Section 4(a). A Participant and his spouse may jointly elect not to receive the Automatic 50% Joint and Survivor Annuity, and instead may elect the single sum payment described in Article V, Section 4(c)(1)(B), annual installments over two to five years as described in Article V, Section 4(c)(1)(C), a 66 2/3% Joint and Survivor Annuity as described in Article V, Section 4(c)(1)(D), a 75% Joint and Survivor Annuity as described in Article V, Section 4(c)(1)(E), a 100% Joint and Survivor Annuity as described in Article V, Section 4(c)(1)(F), the Certain and Life Annuity described in Article V, Section 4(c)(1)(G) and the Full Cash Refund Annuity described in Article V, Section 4(c)(1)(H).

    Such election must be made in accordance with Article V, Section 4(d).

  2. Unmarried Participants.

    If a Participant is not married on the date his Individual Account is to be distributed, and does not elect otherwise, his Individual Account will be payable in the Normal Form of Annuity as described in Article V, Section 4(b). Instead of the Normal Form of Annuity, such Participant may elect a single sum payment as described in Article V, Section 4(c)(1)(B), annual installments as described in Article V, Section 4(c)(1)(C), the Certain and Life Annuity described in Article V, Section 4(c)(1)(G) and the Full Cash Refund Annuity described in Article V, Section 4(c)(1)(H).

    Such election must be made in accordance with Article V, Section 4(d).