Common use of Benchmarks Clause in Contracts

Benchmarks. 1. The performance benchmark for the Fund is the MSCI EUROPE, AUSTRALIA, AND FAR EAST (EAFE) INDEX. This benchmark will be used to measure the Fund's performance net of subadviser fees. 2. A peer group benchmark for the Fund will consist of mutual funds with characteristics similar to the Fund. The peer group will be used to measure the Fund's performance relative to other funds with a similar investment approach. The peer group benchmark will measure Fund performance net of all fees and expenses except for plan administration fee. 3. The Lipper International Index, selected by Lipper Analytical Services, will serve as the performance benchmark for participant returns, net of all fees and expenses. In assessing performance against this benchmark, it will be taken into consideration that Lipper Analytical Services may change the composition of the Index.

Benchmarks. 1. The performance benchmark for the Fund is the MSCI EUROPE, AUSTRALIA, AND FAR EAST S&P 500 INDEX (EAFE) INDEX"S&P 500 Index"). This The benchmark will be used to measure the Fund's performance net of subadviser fees. 2. A peer group benchmark for the Fund will consist of mutual funds with characteristics similar to the Fund. The peer group will be used to measure the Fund's performance relative to other funds with a similar investment approach. The peer group benchmark will measure Fund performance net of all fees and expenses except for the plan administration fee. 3. The Lipper International Growth & Income Fund Index, selected by Lipper Analytical Services, will serve as the performance benchmark for participant returns, net of all fees and expenses. In assessing performance against this benchmark, it will be taken into consideration that Lipper Analytical Services may change the composition of the Index.