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457 Governmental Plan and Trust 30 days before the date the Participant first would be Applicable Age 50+ Catch-up eligible to commence payment of the Participant's Year pollar Contribution Account. The Administrative Services Provider must Amount Limitation furnish to the Participant a form for the Participant to 2002 $11,000 $1 000 elect the time and a method of payment. 2003 $12 000 $2 000 2004 $13 000 $3 000 4.Q3 REQUIRED b�NIM[JM DISTRIBU- 2005 $14 000 $4 000 TIONS. T'he Administrative Services Provider may 2006 $15,000 $5 000 not distribute nor direct the Trustee to distribute the Participant's Account, nor may the Participant elect any distribution his/her Account, under a method of ARTICLE IV payment which, as of the required beginning date, TIME AND METHOD OF does not satisfy the minimum distribution PAYMENT OF BENEFITS requirements of Code § 401(a)(9) or which is not consistent with applicable Treasury regulations. 4.01 DISTRIBiJTION RESTRICTIONS. Except as the Plan provides (A) General Rules. otherwise, the Administrative Services Provider or (1) Precedence. The requirements of this Trustee may not distribute to a Participant his/her Section 4.03 will take precedence over any Account prior to the Participant's Severance from inconsistent provisions of the Plan. Employment, the calendar year in which the Participant attains age 70'/z, or such other event for (2) Requirements of Treasury Regulations which federal legislation is enacted or regulatory Incorporated. All distributions required under this relief granted permitting the Plan to make Section 4.03 will be determined and made in distributions to qualifying Participants. accordance with the Treasury regulations under Code § 401(a)(9). (A) Distribution of Rollover Contributions. To the extent the Employer permits Rollover Contributions (B) Time and Manner of Distribution (but not Transfers) to this Plan, a Participant may receive a distribution of such Rollover Contributions (1) Required Beginning Date. The without regard to the restrictions found in this Participant's entire interest will be distributed, or Section 4.01. begin to be distributed, to the Participant no later than the Participant's required beginning date. 4.02 TIlv1E AND METHOD OF PAYMENT OF ACCOUNT. The Administrative Services (2) Death of Participant Before Distribution Provider, or Trustee at the direction of the Begins. If the Participant dies before distributions Administrative Services Provider, will distribute to a begin, the Participant's entire interest will be Participant who has incurred a Severance from distributed, or begin to be distributed, no later than as Employment the Participant's Account under one or follows: any combination of payment methods elected by the Participant. The Participant may elect one of the (a) Spouse Desi�nated Beneficiary. If the following methods of payment: (1) lump sum ParticipanYs surviving spouse is the Participant's payment, (2) partial lump sum payment, (3) sole designated Beneficiary, distributions to the installment, or (4) an annuity. In no event will the surviving spouse will begin by December 31 of the Administrative Services Provider direct (or direct the calendar year immediately following the calendar Trustee to commence) distribution, nor will the year in which the Participant dies, or by December 31 Participant elect to have distribution commence, later of the calendar yeaz in which the Participant would than the Participant's required beginning date, or have attained age 70 if later. under a method that does noi satisfy Section 4.03. (b) Non-Spouse Designated Beneficiary. If Subject to any restrictions imposed by the the Participant's surviving spouse is not the Participant's investment providers and the Participant's sole designated Beneficiary, then, Administrative Services Provider, the Participant: (1) distributions to the designated Beneficiary will begin may elect to commence distribution no earlier than is by December 31 of the calendar year immediately administratively practical following Severance from following the calendar year in which the Participant Employment; (2) may elect to postpone distribution died. of his/her Account to any fixed or determinable date (c) No Desienated Beneficiary. If there is including, but not beyond, the Participant's required no designated Beneficiary as of September 30 of the beginning date; and (3) may elect the method of yeat following the year of the Participant's death, the payment. A Participant may ele�t the timing and Participant's entire interest will be distributed by method of payment of his/her Account no later than � Copyright 2010 SunGard 1/10 7 16 � -