Common use of METHOD OF PAYMENT OF ACCRUED BENEFIT Clause in Contracts

METHOD OF PAYMENT OF ACCRUED BENEFIT. The Advisory Committee will apply Section 6.02 of the Plan with the following modifications: (Choose (a) or at least one of (b), (c), (d) and (e)) (a) No modifications. (b) Except as required under Section 6.01 of the Plan, a lump sum distribution is not available:___________________________________________ __________________________________________________________________________ ________________________________________________________________. (c) An installment distribution: (Choose (1) or at least one of (2) or (3)) (1) Is not available under the Plan. (2) May not exceed the lesser of __________________ years or the maximum period permitted under Section 6.02. [ ] (3) (Specify) _____________________________________________________ _____________________________________________________________________ ________________________________. (d) The Plan permits the flowing annuity options: _______________________ _________________________________________________________________________ ___________________________________________________________________. Any Participant who elects a life annuity option is subject to the requirements of Sections 6.04(A), (B), (C) and (D) of the Plan. See Section

METHOD OF PAYMENT OF ACCRUED BENEFIT. The Advisory Committee will ------------------------------------ apply Section 6.02 of the Plan with the following modifications: (Choose (a) or at least one of (b), (c), (d) and (e)) (a) No modifications. (b) Except as required under Section 6.01 of the Plan, a lump sum distribution is not available:___________________________________________ __________________________________________________________________________ ____________________________: ____________________________________. (c) An installment distribution: (Choose (1) or at least one of (2) or (3)) (1) Is not available under the Plan. (2) May not exceed the lesser of __________________ years or the maximum period permitted under Section 6.02. [ ] (3) (Specify) _____________________________________________________ _____________________________________________________________________ ________________________________. (d) The Plan permits the flowing following annuity options: _______________________ _________________________________________________________________________ ___________________________________________________________________. Any Participant who elects a single life ------------- or joint and survivor annuity option is subject with a minimum guaranteed number of ----------------------------------------------------------------- monthly benefits payable to the requirements of Sections 6.04(A), (B), (C) participant and (D) his designated -------------------------------------------------------------- beneficiary or a qualified joint and survivor annuity for the ------------------------------------------------------------- life of the Planparticipant's spouse which is not less than 50% and --------------------------------------------------------------- not more than 100% of the amount of the annuity payable to the -------------------------------------------------------------- participant. See Section-----------

METHOD OF PAYMENT OF ACCRUED BENEFIT. The Advisory Committee will apply Section 6.02 of the Plan with the following modifications: (Choose (a) or at least one of (b), (c), (d) and (e)) (a) No modifications. (b) Except as required under Section 6.01 of the Plan, a lump sum distribution is not available:___________________________________________ _________________________________________________. (c) An installment distribution: (Choose (1) or at least one of (2) or (3)) (1) Is not available under the Plan. (2) May not exceed the lesser of______________ years or the maximum period permitted under Section 6.02. [ ] (3) (Specify)________________________________________________________ ________________________________________________________________. (cd) An installment distribution: (Choose (1) or at least one of (2) or (3)) (1) Is not available under The Plan permits the Plan. (2) May not exceed the lesser of following annuity options:__________________ years or the maximum period permitted under Section 6.02. [ ] (3) (Specify) _____________________________________________________ _____________________________________________________________________ ________________________________. (d) The Plan permits the flowing annuity options: _______________________ _________________________________________________________________________ ___________________________________________________________________. Any Participant who elects a life annuity option is subject to the requirements of Sections 6.04(A), (B), (C) and (D) of the Plan. See Section