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XV. �INAL I'AY CON�'�t�B�i'��I�TS <br />i�.e Plan i�vill provide for �inal Pay Gontributi�ns �f either I or 2�elaw is selected_ <br />Fir�a� Fay sha�l be de�ned as �select one�: <br />�. � �lccrued unpaic� vacatio� <br />B. � Accrued u��a�d sick leave <br />�. � Accrued unpaid �acation and sick leave <br />l�. � �ther (�nse�-t def�nitior� o#� �inal pay): _ <br />t�ar wou�d orherwise be payable to the Emplo�ee �n cash upon t�r�n}nation_ <br />l. � Em��oyer Final �'ay Contr�butifln. The Emp�oyer sfia�� con�ribute o� behal�of ea�h Part�cipant <br />___ °/fl of Final �ay ro �he P�an (subjec€- ta the limit�tior�s o�Ar�ic�e V of the I'Ian�_ <br />2. � Emp�oyee Designated �inal Pay Contrib�tion. Eaeh Emp�oyee eligible to pa�tici�ate in the I'Ian sha�� be <br />given the op�or�uni�y a� enrollrr�e�t to irrevocab��r ele�t to contribute _ %(insert fixed percentage of final <br />�ay �a be contri�u�ec�) or up tc� _% ���sert maximum percen�a�e uf final pay tv be contr�but�c�} c�F <br />�ina� Pay to rhe �'lan tsub�ect ro t�e lirnitations of Artic�e V of the Plan}. <br />Once e�ectec�, an Em��oyee's election s�al� remai� in force an� ma� not be revised or revo�ec�_ ��r�e emp�oyer <br />elects �o "pick up" thes� amounts, in �o ev�nt docs the En�p�oycc havc the option of recciving t�e p�ek-�p <br />con€�ribut�on arr3flunt direcr�v. <br />The E�np�oye�- �ereby elects to "p�ck u�" the Emp(o�ee Desi�nated �inal Pay Co��tributiQn thereby treat�ng <br />such conrriburions as �mp�oyer-made con�ributians for federal �ncome tax }�urposes_ <br />� Yes � �Io <br />X�I. ACCRi1ED LEAVE GONTRIBUTI0�1S <br />�e Plan wi�l provide for accrued unpaid �eav� eontributions �f eith�r i or 2 is sele�zed be�ow. <br />�.ccrued Leave sha1� be defined as (select one}: <br />�. � Accrued unpaid vacar�on <br />B. � Acc�-ued unpa�d sic�C leave <br />C. � 1�ccrued unpaid vacarion and sic� leave <br />D. � C)ther (�nsert �e�nit�c�r� �f �nal pay: <br />�hat would othe�-wise be �aya�le �o t�e Emp�oyee in cash_ <br />1. � Employer Accrued I_.eave Contrtbution. `Ihe Employer s�all contri�ute as follows �choose one of the <br />followir�g o�tions): <br />��or eac� Plan Year, the EmpIoyer shali contribi�te on �ehalf of each El�gib�e Participar�t the unuse� <br />Accr�ec� Leave in excess of (insert n�m�e�- of ho�rs/daysl�vee�s) to the Plan (subjecr �o th� <br />��mitations of Arricle V of the Plan). <br />��or eac� I'ian Year, ��e Ernploy�r shaii contr�bute an behal� o� �ach �Iigibie Partic�pant _________ % of <br />unused Accr�ec� Leave co the I'�an �subject ro the limitations oFArricle V o�the I'�an). <br />�62i � <br />_...---.. .. _... _ _. ._ _ _ _. _. .____. _. . _ _ ._ _ --- <br />.IV�oney Purcfiase Plan Adoption Agreement � <br />