Common use of Scheduled increases Clause in Contracts

Scheduled increases. The Automatic Deferral Amount will or will not increase (as a percentage of Compensation) in Plan Years following the Plan Year containing the Automatic Deferral Effective Date (or, if later, the Plan Year in which the Automatic Deferral first applies to a Participant) as follows (Choose one of a, b, c, or d): a. ¨ No scheduled increase. The Automatic Deferral Amount applies in all Plan Years. b. ¨ Scheduled increase. The Automatic Deferral Amount will increase as follows: Plan Year of application to a Participant Automatic Deferral Amount 1 3 % 2 3 % 3 4 % 4 5 % 5 and thereafter 6 % c. ¨ Other scheduled increase. The Automatic Deferral Amount will increase as follows: Plan Year of application to a Participant Automatic Deferral Amount ____ ____ % ____ ____ % ____ ____ % ____ ____ % ____ ____ %

Scheduled increases. The Automatic Deferral Amount will or will not increase (as a percentage of Compensation) in Plan Years following the Plan Year containing the Automatic Deferral Effective Date (or, if later, the Plan Year in which the Automatic Deferral first applies to a Participant) as follows (Choose one of aa., b, cb., or dc.): a. ¨ No scheduled increase. The Automatic Deferral Amount applies in all Plan Years. b. ¨ Scheduled increase. The Automatic Deferral Amount will increase as follows: Plan Year of application to a Participant Automatic Deferral Amount 1 3 % 2 3 % 3 4 % 4 5 % 5 and thereafter 6 %Amount c. ¨ Other scheduled increase. The Automatic Deferral Amount will increase as follows: Plan Year of application to a Participant Automatic Deferral Amount ____ ____ % ____ ____ ____% _______ ____ ____% _______ ____ ____% _______ _______% _______ _______%