Common use of SAVINGS PLAN 401(k) Clause in Contracts

SAVINGS PLAN 401(k). 24.1 Regular full-time and regular part-time employees hired prior to June 1, 2011, who do not or cannot exercise the option described in Article 22, Section 22.5, shall be eligible to participate in the Company 401(k) Savings Plan (the “401(k) Plan”), without a Company match, in accordance with the terms of the 401(k) Plan. Under the terms of prior collective bargaining agreements, in 2005 the following current employees (as of May 16, 2011) qualified for and received a 401(k) Company match “buy-out” in the form of a one-time contribution of $1500.00 to their 401(k) accounts: Xxxxxxxx, Xxxxx X Xxxxxxxxx, Xxxxxx X Xxxxxxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx X Xxxxx, Xxxx Xxxxxxxx, Xxxxx X Xxxxxx, Xxxx X Xxxxxxx, Xxxxxxx X Xxx, Xxxx X Xxxxxxxx, Xxxxx X Xxxxxxxxxx, Xxxxx X Xxxxx, Xxxxxxx X Xxxxxx, Xxxxxxx X Xxxxx, Xxxxx X Xxxxxxx, Xxxxxx X Xxxxxxxx, Xxxxxx J 24.2 Regular full-time and regular part-time employees hired on or after June 1, 2011, and those employees who exercise (d) the option described in Article 22, Section 22.5, shall be eligible to participate in the 401(k) Plan, with a Company match, in accordance with the terms of the 401(k) Plan. 24.2.1 Each employee eligible to participate in the 401(k) Plan, with a Company match, who makes employee contributions to the 401(k) Plan shall be eligible for Company matching contributions equal to 50% of the first 8% of such employee’s contributions to the 401(k) Plan (subject to a maximum Company contribution of 4% per pay period and to a five-year graded vesting schedule in accordance with the terms of the 401k) Plan). 24.3 The Company may make changes to said plan as regards administrators and investment options provided any such changes are consistent with changes made for a majority of Company employees eligible for participation in said plan.

SAVINGS PLAN 401(k). 24.1 Regular full-time and regular part-time employees hired prior to June 1, 2011, who do not or cannot exercise the option described in Article 22, Section 22.5, shall be eligible to participate in the Company 401(k) Savings Plan (the “401(k) Plan”), without a Company match, in accordance with the terms of the 401(k) Plan. Under the terms of prior collective bargaining agreements, in 2005 the following current employees (as of May 16, 2011) qualified for and received a 401(k) Company match “buy-out” in the form of a one-time contribution of $1500.00 to their 401(k) accounts: Xxxxxxxx, Xxxxx X Xxxxxxxxx, Xxxxxx X Xxxxxxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx X Xxxxx, Xxxx Xxxxxxxx, Xxxxx X Xxxxxx, Xxxx X Xxxxxxx, Xxxxxxx X Xxx, Xxxx X Xxxxxxxx, Xxxxx X Xxxxxxxxxx, Xxxxx X Xxxxx, Xxxxxxx X Xxxxxx, Xxxxxxx X Xxxxx, Xxxxx X Xxxxxxx, Xxxxxx X Xxxxxxxx, Xxxxxx JX 24.2 Regular full-time and regular part-time employees hired on or after June 1, 2011, and those employees who exercise (d) the option described in Article 22, Section 22.5, shall be eligible to participate in the 401(k) Plan, with a Company match, in accordance with the terms of the 401(k) Plan. 24.2.1 Each employee eligible to participate in the 401(k) Plan, with a Company match, who makes employee contributions to the 401(k) Plan shall be eligible for Company matching contributions equal to 50% of the first 8% of such employee’s contributions to the 401(k) Plan (subject to a maximum Company contribution of 4% per pay period and to a five-year graded vesting schedule in accordance with the terms of the 401k) Plan). 24.3 The Company may make changes to said plan as regards administrators and investment options provided any such changes are consistent with changes made for a majority of Company employees eligible for participation in said plan.

SAVINGS PLAN 401(k). 24.1 Regular full-time and regular part-time employees hired prior to June 1, 2011, who do not or cannot exercise the option described in Article 22, Section 22.5, shall be eligible to participate in the Company 401(k) Savings Plan (the “401(k) Plan”), without a Company match, in accordance with the terms of the 401(k) Plan. Under the terms of prior collective bargaining agreements, in 2005 the following current employees (as of May 16, 2011) qualified for and received a 401(k) Company match “buy-out” in the form of a one-time contribution of $1500.00 to their 401(k) accounts: Xxxxxxxx, Xxxxx X Xxxxxxxxx, Xxxxxx X Xxxxxxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx X Xxxxx, Xxxx Xxxxxxxx, Xxxxx X Xxxxxx, Xxxx X Xxxxxxx, Xxxxxxx X Xxx, Xxxx X Xxxxxxxx, Xxxxx X Xxxxxxxxxx, Xxxxx X Xxxxx, Xxxxxxx X Xxxxxx, Xxxxxxx X Xxxxx, Xxxxx X Xxxxxxx, Xxxxxx X Xxxxxxxx, Xxxxxx J 24.2 Regular full-time and regular part-time employees hired on or after June 1, 2011, and those employees who exercise (dexercise(d) the option described in Article 22, Section 22.5, shall be eligible to participate in the 401(k) Plan, with a Company match, in accordance with the terms of the 401(k) Plan. 24.2.1 Each employee eligible to participate in the 401(k) Plan, with a Company match, who makes employee contributions to the 401(k) Plan shall be eligible for Company matching contributions equal to 50% of the first 8% of such employee’s contributions to the 401(k) Plan (subject to a maximum Company contribution of 4% per pay period and to a five-year graded vesting schedule in accordance with the terms of the 401k) Plan). 24.3 The Company may make changes to said plan as regards administrators and investment options provided any such changes are consistent with changes made for a majority of Company employees eligible for participation in said plan.