AMENDMENT NO. 5 TO THE
LONGVIEW FIBRE COMPANY SALARIED SAVINGS PLAN AND
TRUST WITH 401(k) PROVISIONS
WHEREAS, Longview Fibre Company (the "Company"), approved and adopted the
Longview Fibre Company Salaried Savings Plan (the "Plan") and Trust Agreement
(the "Trust") which were originally effective June 1, 1977 and most recently
restated effective November 1, 1990, and subsequently amended;
WHEREAS, Section 19.1 of the Plan and Trust provides that the Company
reserves the right to amend the Plan and Trust;
NOW THEREFORE RESOLVED, that Appendix A is amended effective February 1,
1995 to include LifePath Funds as follows:
APPENDIX A - INVESTMENT FUNDS
The Investment Funds offered to Participants and Beneficiaries include this
set of daily valued funds:
* Asset Allocation Fund
* U.S. Treasury Allocation Fund
* S&P 500 Stock Fund
* Employer Stock Fund
* Income Accumulation Fund 1/
* LifePath 2000 Fund
* LifePath 2010 Fund
* LifePath 2020 Fund
* LifePath 2030 Fund
* LifePath 2040 Fund
If investment instructions are not received from any Participant, his or her
investment instructions shall be assumed to be a 100% investment in the Income
Accumulation Fund.
A Participant may direct the investment of his or her entire Account except
for the following Contribution types which shall be invested as follows:
* PAYSOP Accounts are invested entirely in the Employer Stock Fund
1/ On July 16, 1991, New Jersey Insurance regulators took control of Mutual
Benefit Life Insurance Company. At that time, approximately 37% of the
Longview Income Accumulation Fund was invested in a GIC with Mutual Benefit.
Due to the uncertain condition of Mutual Benefit, the portion of the fund
represented by the Mutual Benefit contract was put in a separate fund called
the Mutual Benefit GIC Fund, where it will be held until such time as the
ability of Mutual Benefit to meet its obligations is known. Accounts of
participants who participated in this fund in July 1991 were frozen in this
separate Mutual Benefit Fund and are not available for distribution, loan or
investment changes until further notice. Investments in the Longview Income
Accumulation Fund after July 1991 are not affected by the seizure of Mutual
Benefit by state insurance regulators.
Date: January 31, 1995 LONGVIEW FIBRE COMPANY
By:\s\ X. X. Xxxxxxxx
Title: Sr. V.P.-Finance
The provisions of the above amendment which relate to the Trustee are hereby
approved and executed.
Date: February 9, 1995 XXXXX FARGO BANK, NATIONAL ASSOCIATION
By:\s\ Xxxxxxx Xxxxx
Title: Vice President
Date: February 9, 1995 XXXXX FARGO BANK, NATIONAL ASSOCIATION
By:\s\ Xxxx X. Xxxxx
Title: Vice President
