Pension Summary Plan Description

H.1 Benefit Service After June 30, 2006

For Contributions required for your Covered Employment during the Plan Year from July 1, 2006 through June 30, 2007, you earn a Straight Life Annuity payment at Normal Retirement Age based on an accrual rate of 2.0% for those Contributions. You earn a Straight Life Annuity payment at Normal Retirement Age for Contributions made on your Covered Employment after June 30, 2007 at an accrual rate for this period of 1.0% of your Contributions.

EXAMPLE:

During Plan Year 2007, Gary's employer contributed $10,000 to the Plan on his behalf. In Plan Year 2008, Gary's employer contributes another $12,000 to the Plan on his behalf.

Gary's benefit from these Contributions is computed as follows:

$10,000 x 2.0% = $200
$12,000 x 1.0% = $120
TOTAL = $320 monthly benefit at Normal Retirement Age for Contributions after June 30, 2006