Special Employer Contribution. Effective August 28, 2015, the special employer contribution will be terminated.
Special Employer Contribution. Effective December 15, 2008, for services performed prior to such date, the Employer credited a special one-time Employer Contribution in an amount equal to $2,466,526 to the account of Xxxxxxxxxxx Xxxxxxxx, a Participant, in accordance with Section 1.05(c)(2) of the Plan Adoption Agreement, and such Employer Contribution is vested in full. (Fidelity’s Copy) Plan Name: Arch Capital Group (U.S.) Inc. Executive Supplemental Non-Qualified Savings and Retirement Plan (the “Plan”) Employer: Arch Capital Group (U.S.) Inc. (Note: These execution pages are to be completed in the event the Employer modifies any prior election(s) or makes a new election(s) in this Adoption Agreement. Attach the amended page(s) of the Adoption Agreement to these execution pages.) The following section(s) of the Plan are hereby amended effective as of the date(s) set forth below: Section Amended Effective Date Attachment B December 15, 2008 IN WITNESS WHEREOF, the Employer has caused this Amendment to be executed on the date below. Employer: /s/ Xxxxxx Xxxxxx By: Xxxxxx Xxxxxx Title: SVP and Secretary Date: December 11, 2008 TRUST AGREEMENT Between Arch Capital Group (U.S.) Inc. And FIDELITY MANAGEMENT TRUST COMPANY Arch Capital Group (US) Inc. Exec. Supplemental Non-Qualified Savings and Retirement Plan Trust Dated as of November 15, 2008 Plan Number:44023 ECM NQ 2007 TA (07/2007) 2/12/2009 Ó 2007 Fidelity Management & Research Company TABLE OF CONTENTS Section Page
Special Employer Contribution. In addition to any contribution provided under subsection 5.1, effective on and after July 1, 2008 the Employers shall make an additional Employer Contribution equal to: (a) 3 percent of each Transition A Participant’s Eligible Compensation earned on and after July 1, 2008; and (b) 6 percent of each Transition B Participant’s Eligible Compensation earned on and after July 1, 2008; provided that, except in the case of any hourly warehouse employee employed at the Hammond, Indiana location who is represented by the United Steelworkers of America, but in such case subject to subsection 2.3, the Employers shall not make any such additional Employer Contribution on behalf of a Transition A Participant or a Transition B Participant for the 2009 Plan Year effective for payroll periods beginning on or after April 27, 2009 (or for any such Plan Year or Plan Years beginning on or after January 1, 2010, or any portions thereof, as is determined by the Company in its sole discretion). A ‘Transition A Participant’ means any Participant who, as of June 30, 2008, participated in the A.M. Castle & Co. Hourly Employees Retirement Plan or the A.M. Castle & Co. Salaried Employees Retirement Plan, is actively employed by an Employer, is at least age 40, has at least 5 Years of Service and is not a Transition B Participant. A ‘Transition B Participant’ means any Participant who, as of June 30, 2008, participated in the A.M. Castle & Co. Hourly Employees Retirement Plan or the A.M. Castle & Co. Salaried Employees Retirement Plan, is actively employed by an Employer, is at least age 50 and has at least 5 Years of Service. A Transition A Participant or Transition B Participant shall remain eligible for the special Employer Contribution provided by this Section 5.7, if any, only for so long as he remains continuously employed by an Employer. SECTION 6
