Benefits For US Employees

Retirement Savings Plan

What is it?

The Retirement Savings Plan ("The Plan") provides all eligible full-time and part-time employees with an easy way to save for their retirement. The Plan allows employee contributions, and provides a company matching contribution and an annual profit sharing contribution to all eligible employees. The Plan is intended to support you in your personal responsibility of saving for retirement. Together with personal savings and Social Security benefits, the savings you accumulate in the Plan will carry you a long way toward the retirement income you will need at the end of your working career with the company.

Who can participate?

You will be eligible to participate in the Plan on the first day of the third month of continuous employment with the company. You can contact Fidelity Investments to enroll any time after you have received your enrollment kit in the mail. However, employee contributions and the company matching contributions will not begin until after you become eligible to participate. By enrolling early, you will be set to begin contributions on the first pay period after you become eligible.

To learn more about the Plan and to begin your enrollment process, visit the Fidelity Web site at www.401k.com or call Fidelity at 1-800-835-5095.

Note: You are not eligible to participate in the 401(k) Plan if you are a temporary employee, a J-1 employee, or an employee working outside the United States (except U.S. expats participating in the Home Country Compensation Program). Employees who are covered by a collective bargaining agreement are excluded from enrollment unless their bargaining agreement specifically provides for participation in the Plan.

Contributions to the Plan

Employee Contributions

Eligible employees may contribute from 1 percent to 100 percent of their pay (in whole percentages) to the Plan. However, they cannot contribute more than the IRS maximum in any tax year (Jan. 1 through Dec. 31). The IRS maximum for 2009 is $16,500. When you enroll through Fidelity Investments, your contributions will be handled automatically through payroll deductions. Employees 50 years or older may make additional "catch-up contributions" up to the IRS maximum of $5,500 in 2009.

Company Match

The company matches your contributions, dollar for dollar, up to 3 percent of your pay each pay period.

Profit Sharing

Each year, the company determines if a discretionary contribution will be made to its employee retirement savings plans. While past contributions are not a guarantee of future contributions, historically the company has contributed 5 percent of pretax profits to its employee retirement savings plans. The portion of the company contribution that is not used for the company match will be allocated to eligible employees via an annual profit sharing contribution. The amount allocated to individual accounts is based on a formula that takes into account each employee's eligible compensation. The profit sharing contribution is invested in the profit sharing fund which is managed by Commerce Trust.

Why participate?

Employee contributions to the Plan are pretax, which means they are deducted from your pay before income taxes are calculated. The company also matches your contributions to the Plan, adding to your savings for retirement. By saving in the Plan, you reduce the amount of tax that comes out of your pay, you receive a company match and you benefit from tax deferred investment growth.*

*Taxes are paid when money is withdrawn from the Plan. Please consult a tax adviser before taking a distribution.

Investment Options

You can choose between two investment strategies.

Option One — Choose a LifePath® Portfolio Strategy Select a managed portfolio that automatically adjusts its mix over time based on its targeted retirement date. LifePath® Portfolios allow you to spend less time maintaining your investment allocation mix. The LifePath Portfolio you choose is constantly monitored and rebalanced by Barclays Global Fund Advisors (BGFA) in an effort to maximize returns for a given level of risk.

Option Two — Create Your Own Asset Allocation Strategy Build and monitor your own investment strategy using a mix of mutual funds. Put together your own mix of investments by choosing individual funds based on your long-term objectives.

A complete description of the Plan's investment options and their performance, as well as planning tools to help you choose an appropriate mix, are available online at Fidelity's NetBenefits® Web site at www.401k.com.

Vesting

You are always 100 percent vested in what you contribute to the Plan, as well as any earnings on your contributions. The company matching contributions, profit sharing contribution and any earnings on them vest according to the following schedule:

Years of Service 1 2 3 4 5 6

Percent 0 20 40 60 80 100

Rollovers

You are permitted to roll over eligible pretax contributions from a previous employer's qualified retirement plan or eligible pretax contributions from Individual Retirement Accounts (IRAs) into the Plan. To obtain more information on rollovers visit the Fidelity NetBenefits® Web site at www.401k.com or call the Fidelity Retirement Benefits Line at 1-800-835-5095.

How do I enroll?

Step 1: Visit Fidelity's Web site at www.401k.com and click on "NetBenefits".

Step 2: Click on "New User Registration." Follow the instructions to set up a Personal Identification Number (PIN).

Step 3: At the homepage, click on "ERAC SAVINGS PLAN" to continue enrolling.

Step 4: Choose "Enroll Now" on the Welcome page.

Step 5: Choose your deduction percentage and investment options. Performance information is available for each investment option.

Step 6: Submit your enrollment information. You will receive an immediate online confirmation. Click on the link to designate your beneficiary.

This is just a general description of the Plan provisions. Please refer to your Summary Plan Description for more complete information.

Forms, Resources and
Web Sites

Fidelity Web site www.401k.com

Use the Fidelity Web site to:
Establish Personal Identification Number (PIN)
Enroll in the Plan
Designate Beneficiaries
Set Your Salary Deferral Percentage
Make Investment Elections
Monitor Your Account
Use Investment Calculators

Contact Fidelity Investments
Retirement Benefits Line
1-800-835-5095

401(k) Day – Make Wise Choices

401(k) Day is an annual celebration spotlighting the importance of employer-sponsored profit sharing and 401(k) plans. As retirement follows work, 401(k) Day follows Labor Day. This year 401(k) Day falls on September 11, the Friday after Labor Day.

With the theme, “Make Wise Choices.,” we’re focusing on long-term health — physical and financial — and making smart choices. This year's campaign draws a connection between lifestyle and investment decisions positioning the 401(k) plan as one of the essential elements of overall health. Today's choices shape tomorrow's well-being. Check out these resources to learn more.”