Benefits Handbook

If you enroll for the first time and make no investment direction election (whether through active enrollment or automatic enrollment), your future employee and Company contributions (if you have completed a year of vesting service) will be invested automatically in one of the BlackRock LifePath Index Funds (the BlackRock LifePath Index Fund that most closely matches your retirement year—based on the Plan's normal retirement age of 65). A new investment direction election is required if you would like to direct your future contributions to other funds.

You can change the investment directions for future employee contributions and Company contributions at any time.

You may also transfer or reallocate your account balance at any time.

If you enroll to make contributions to the Plan after you are rehired by the Company and make no investment direction election (whether through active enrollment or automatic enrollment), your future employee and Company contributions (if you have completed a year of vesting service) will be invested automatically in the Plan's Default fund, the BlackRock LifePath Index Funds (the BlackRock LifePath Index Fund that most closely matches your retirement year—based on the Plan's normal retirement age of 65). A new investment direction election is required if you would like to direct your future contributions to other funds.

You can change the investment direction for future employee contributions and Company contributions at any time.

You may transfer or reallocate the investments in your account on a daily basis, according to the Plan's rules.