Allocation and Crediting of Employer Contributions and Forfeitures. Subject to the provisions of subsection 3.1 and Section 7, the amount of Pre-Tax Contributions made on behalf of a Participant for any calendar month shall be credited to his Pre-Tax Contribution Account as of the last day of that month. Subject to the provisions of Section 7, as of the last day of each Plan Year, the amount, if any, of Employer Matched Contributions for that year shall be allocated and credited to the Employer Contribution Accounts of all Participants who were employed by an Employer on the last day of that Plan Year or retired in accordance with paragraph 9(a), (b) or (c) or died during that year, pro rata, according to the Pre-Tax Contributions made on their behalf for that Plan Year. Subject to the provisions of Section 7, as of the last day of each Plan Year, all shares of UICI Common Stock which were released from the Suspense Account due to the making of an ESOP Loan payment which relates to that Plan Year, in accordance with the provisions of subsection 5.4, all Supplemental Employer Contributions for that year and all Forfeitures arising under the Plan during that year shall be allocated among and credited to the Employer Contribution Accounts of all Participants who were employed by an Employer on the last day of that Plan Year or
