Common use of Vesting Schedules Clause in Contracts

Vesting Schedules. Select the appropriate schedule for each contribution type and complete any blank vesting percentages from the list below and insert the option number in the vesting schedule chart below. 1. Full and immediate Vesting 2. 100 % 3. % % 100 % 4. % 20 % 40 % 60 % 80 % 100 % 5. % % 20 % 40 % 60 % 80 % 100 % 6. 10 % 20 % 30 % 40 % 60 % 80 % 100 % 7. 20 % 40 % 60 % 80 % 100 % 8. % % % % % % 100 % 27 §401(k) Plan AA #010 7 All Employer Contributions _______________ Safe Harbor Contributions (Matching or Non-Elective) 1 QMACs and QNECs _______________ Non-Safe Harbor Match – Formula 1 _______________ Non-Safe Harbor Match – Formula 2 _______________ Match on Voluntary After-tax Contributions _______________ Match on Required After-tax Contributions _______________ Discretionary Contributions 7 Top-Heavy Minimum Contribution _______________ Other Employer Contribution

Vesting Schedules. Select the appropriate schedule for each contribution type and complete any blank vesting percentages from the list below and insert the option number in the vesting schedule chart below. 1. Full and immediate Vesting 2. 100 % 100% 3. % % 100 % 100% 4. 20% 20 40% 40 60% 60 80% 80 % 100 100% 5. ___% ___% 20 20% 40 40% 60 60% 80 80% 100 100% 6. 10 10% 20 20% 30 30% 40 40% 60 60% 80 80% 100 100% 7. 20 ___% 40 ___% 60 ___% 80 ___% 100 100% 8. ___% ___% ___% ___% ___% ___% 100 100% 27 §401(k) Plan AA #010 7 The percentages selected for schedule (8) may not be less for any year than the percentages shown at schedule (5 ). Vesting Schedule Chart Employer Contribution Type ---------------------- ---------------------------------------------------- 1 All Employer Contributions ______________________ Safe Harbor Contributions (Matching or Non-Elective) 1 QMACs and QNECs ______________________ Non-Safe Harbor Match – - Formula 1 ______________________ Non-Safe Harbor Match – - Formula 2 ______________________ Match on Voluntary After-tax Contributions ______________________ Match on Required After-tax Contributions ______________________ Discretionary Contributions 7 1 Top-Heavy Minimum Contribution ______________________ Other Employer ContributionContribution 29 Section 401(k) Plan AA #010

Vesting Schedules. Select the appropriate schedule Schedule(s) for each contribution type and complete any the blank vesting percentages from the list below and insert the option number in the vesting schedule chart below. . 1. Full and immediate Vesting Vesting 2. 100 ___% 100% 3. ___% ___% 100 100% 4. ___% 20 20% 40 40% 60 60% 80 80% 100 100% 5. ___% ___% 20 20% 40 40% 60 60% 80 80% 100 100% 6. 10 10% 20 20% 30 30% 40 40% 60 60% 80 80% 100 100% 7. 20 ___% 40 ___% 60 ___% 80 __% 100 100% 8. ___% ___% ___% __% __% 100% 100 % 27 §401(k) Plan AA #010 7 The percentages selected for schedule (8) may not be less for any year than the percentages shown at schedule (5). _______________ All Employer Contributions _______________ Safe Harbor Contributions (Matching or Non-Elective) 1 ______1________ QMACs and QNECs _______________ Non-Safe Harbor Match – - Formula 1 _______________ Non-Safe Harbor Match – - Formula 2 _______________ Match on Voluntary After-tax Contributions _______________ Match on Required After-tax Contributions _______________ Discretionary Contributions 7 ______1________ Top-Heavy Minimum Contribution _______________ Other Employer Contribution

Vesting Schedules. Select the appropriate schedule for each contribution type and complete any blank vesting percentages from the list below and insert the option number in the vesting schedule chart below. . Years of Service ================================================================================ 1 2 3 4 5 6 7 - - - - - - - ================================================================================ 1. Full and immediate Vesting vesting. ================================================================================ 2. 100 __% 100% ================================================================================ 3. __% ___% 100 100% ================================================================================ 4. 0% 20 20% 40 40% 60 60% 80 80% 100 100% ================================================================================ 5. __% ___% 20 20% 40 40% 60 60% 80 80% 100 100% ================================================================================ 6. 10 10% 20 20% 30 30% 40 40% 60 60% 80 80% 100 100% ================================================================================ 7. 20 __% 40 ___% 60 ___% 80 ___% 100 100% ================================================================================ 8. __% ___% __% ___% ___% ___% 100 100% 27 §401(k) Plan AA #010 7 ================================================================================ The percentages selected for schedule (8) may not be less for any year than the percentages shown at schedule (5). Vesting Schedule Chart Employer Contribution Type ----------------------- --------------------------------------- 4 All Employer Contributions _______________ --- --- Safe Harbor Contributions (Matching or Non-Elective) 1 QMACs and QNECs _______________ --- --- Non-Safe Harbor Match – - Formula 1 _______________ --- Non-Safe Harbor Match – - Formula 2 _______________ --- Match on Voluntary After-tax Contributions _______________ --- Match on Required After-tax Contributions _______________ --- Discretionary Contributions 7 4 Top-Heavy Minimum Contribution _______________ --- --- Other Employer Contribution