ESOP - Summary Plan Description

Page 6

C.

Matching contributions. The Company in its sole discretion may make matching contributions to Participant accounts. Matching contributions will be allocated to the Accounts of Participants who have made elective contributions during the Plan Year.

D.

Profit Sharing contributions. The Company in its sole discretion may make profit sharing contributions to certain individual accounts.

E.

Rollover Contributions. All Employees shall be permitted to roll over benefits from another qualified plan to the Plan, regardless of participation. Roll over contributions shall be fully vested at all times.

F.

Participant Accounts. The Company will maintain a recordkeeping account in each Participant’s name to show the value of the Participant’s retirement benefits; this is called the ‘Plan or Non-ESOP Account.’ The assets attributable to this account will be valued regularly and will be available for regular review.

G.

Vesting. All Elective Deferrals, Profit-Sharing, rollover amounts and, if applicable, safe harbor and qualified non-elective contributions shall be fully vested. Matching contributions vest in accordance with the following schedule:

Years of Vesting Service <1 1 2 3 4 5

Percentage Vested 0% 20% 40% 60% 80% 100%

Vesting service with respect to the Participant’s Non-ESOP Account will include service before the Plan Effective Date. Benefits that are not vested as of the Participant’s termination date will be forfeited, provided that no Participant will forfeit benefits on account of disability, death or termination of service after attaining age 65. If a Participant forfeits their benefit and returns to service before a 5-year break in service, the Participant will have benefits restored upon return to service, provided that, if Participant received a distribution, Participant must repay the distributed amount to the Plan. This Plan uses hours of service as a way to determine service for vesting purposes; an Employee shall be credited with one Year of Service upon completing 1000 Hours of Service during a Plan Year. An employee will receive credit for each hour for which Participant is paid or entitled to be

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