Other Important Plan Information

If You Formerly Participated in Another Plan

Participants Formerly Employed by J.J. Kenny Co., Inc.

If you formerly participated in the Kenny Plan:

• Contributions transferred from the Kenny Plan generally may not be withdrawn while you are an employee of the Company.
• When your employment with the Company terminates, you may elect to receive the portion of your Plan Account attributable to contributions made to the Kenny Plan in one of the following forms:
  • A single lump sum;
  • A single life annuity providing equal payments for your life;
  • Installments over a term certain period up to 10 years (the Term Certain Annuity Contract);
  • A joint and survivor annuity providing equal payments for your life, with a survivor annuity for the life of your designated joint annuitant. You may designate the survivor annuity to be 50%, 75% or 100% of the amount payable prior to your death.
• If you have a Spouse as of the date of your first payment, the portion of your Plan Account attributable to contributions made to the Kenny Plan will be distributed as a joint and survivor annuity providing equal payments for your life, with a survivor annuity for the life of your Spouse that is one-half the amount of the annuity payable during your life. However, you may elect another form of distribution with the written consent of your Spouse.
• If, with the consent of your Spouse, you elect a form of payment other than a joint and survivor annuity, and you die before payment commences, your election will be ineffective and the portion of your Plan Account attributable to contributions made to the Kenny Plan will be paid in a joint and survivor annuity to your Spouse.
• You will not be eligible to take a Domestic Violence Distribution.
• You are eligible to take a Qualified Disaster Recover Distribution, subject to your spouse’s written, notarized approval.