II. Eligibility and Participation

Vesting service with respect to the Participant’s ESOP Account will not be counted 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 benefits and returns to service before a 5-year break in service, the Participant will have benefits restored upon returning to service.

ARTICLE V: ROTH FEATURE AND ELECTIONS

A. Roth Feature. Normally, a Participant’s Plan benefits are fully taxable as ordinary income upon receipt, or, in the case of the ESOP benefits (under certain circumstances), long term capital gains. However, a Participant in a 401(k) plan, such as the Plan, may be eligible to elect “Roth treatment” if the plan is drafted to permit such treatment. If Roth treatment is elected with respect to certain Plan benefits, the distribution amounts may not be subject to tax upon distribution if certain conditions are met. This Plan contains the Roth feature.

B. Application of Roth Feature to Plan Benefits. Under the Plan, a Participant may elect Roth treatment with respect to Elective Deferrals, and other vested benefits under the Plan, provided that the Participant makes an election to initiate a ‘Roth rollover or transfer’ within the Plan. When Roth treatment is elected, a Participant will be currently taxable on the amounts with respect to which Roth treatment is elected.

ARTICLE VI: DISTRIBUTION PROVISIONS

A. Timing of Benefit Distributions. Participants or their beneficiaries are eligible to receive their benefits in the following circumstances: termination of employment, death, disability, and termination of the Plan.

B. Special ESOP Rules for Diversification. The Plan provides for diversification in accordance with the legal requirements, meaning that, when a Participant has attained age 55 and completed at least 10 years of participation, the Participant may diversify 25% of their ESOP Account for a 5-year period and up to 50% in the 6th year. Participants seeking to diversify pursuant to these rules shall have the amounts transferred to their Plan or Non-ESOP Accounts within the Plan. The Company may permit earlier distributions for diversification pursuant to the Plan terms at the sole discretion of the Company.

C. Form of Distributions. Benefits from the Plan or Non-ESOP Account will