Common use of VESTING OF EMPLOYER CONTRIBUTIONS Clause in Contracts

VESTING OF EMPLOYER CONTRIBUTIONS. A. Employer contributions under the Plan shall be fully and immediately vested and non-forfeitable or, check one: |_| Vested at the "Top-Heavy" rate in Column 1 below |_| Vested at the "4-40 vesting" rate in Column 2 below |_| Vested at the rate specified in Column 4 below, which rate shall be at least as rapid as the rate in Column 3 below. VESTING TABLE Column 1 Column 2 Column 3 Column 4 Vesting "Top-Heavy" "4-40 Vesting" Minimum Percentage Years Percentage Percentage Percentage Elected ------- ----------- ------------- ---------- ------------ 1 0 0 0 ____________ 2 20 0 0 ____________ 3 40 0 0 ____________ 4 60 40 0 ____________ 5 80 45 25 ____________ 6 100 50 30 ____________ 7 100 60 35 ____________ 8 100 70 40 ____________ 9 100 80 45 ____________ 10 100 90 50 ____________ 11 100 100 60 ____________ 12 100 100 70 ____________ 13 100 100 80 ____________ 14 100 100 90 ____________ 15 100 100 100 ____________ B. Vesting Years and One-Year Breaks in Service for the purpose of vesting shall be measured on the Plan Year |_| or, if this box is checked, on the 12 consecutive month period beginning on the Participant's initial date of employment or anniversary of that date.

VESTING OF EMPLOYER CONTRIBUTIONS. A. Employer contributions Contributions under the Plan shall be fully and immediately vested and non-forfeitable or, check one: |_| Vested at the "Top-Heavy" rate in Column 1 below |_| Vested at the "4-40 vesting" rate in Column 2 below |_| Vested at the rate specified in Column 4 below, which rate shall be at least as rapid as the rate in Column 3 below. VESTING TABLE Column 1 Column 2 Column 3 Column 4 Vesting "Top-Heavy" "4-40 Vesting" Minimum Percentage Percent age Years Percentage Percentage Percentage Elected ------- ----------- ------------- -------------- ---------- ------------ ----------- 1 0 0 0 ____________ 2 20 0 0 ____________ 3 40 0 0 ____________ 4 60 40 0 ____________ 5 80 45 25 ____________ 6 100 50 30 ____________ 7 100 60 35 ____________ 8 100 70 40 ____________ 9 100 80 45 ____________ 10 100 90 50 ____________ 11 100 100 60 ____________ 12 100 100 70 ____________ 13 100 100 80 ____________ 14 100 100 90 ____________ 15 100 100 100 ____________ B. Vesting Years and One-Year Breaks in Service for the purpose of vesting shall be measured on the Plan Year |_| or, if this box is checked, on the 12 consecutive month period beginning on the Participant's initial date of employment or an anniversary of that date.