AMENDMENT NO. 7 TO THE
LONGVIEW FIBRE COMPANY SALARIED SAVINGS PLAN AND
TRUST WITH 401(k) PROVISIONS
WHEREAS, Longview Fibre Company (the "Company") approved and adopted the
Longview Fibre Company Salaried Savings Plan (the "Plan") and Trust Agreement
(the "Trust") which were originally effective June 1, 1977 and most recently
restated effective November 1, 1990;
WHEREAS, Section 19.1 of the Plan and Trust provides that the Company
reserves the right to amend the Plan and Trust;
NOW THEREFORE RESOLVED, that the Plan is hereby amended as follows:
I. Section 11.1 is amended by the addition of the following sentence at the
end thereof:
Notwithstanding anything herein to the contrary, no distributions are
available to a Participant from the Mutual Benefit Fund unless and until
permitted with respect to such Participant under the terms of the Plan
of Rehabilitation of MBL Life Assurance Corporation ("Rehab Plan").
II. The first sentence of Section 11.2 is amended in its entirety to read as
follows:
A Participant may elect to be paid in any of these forms:
(a) a single lump sum, or
(b) partial payments, limited to four per year, or
(c) periodic quarterly installments over a period not to exceed the life
expectancy of the Participant and his or her Beneficiary, or
(d) in the case of a Participant with amounts held in the Mutual Benefit
Fund, such forms (other than an annuity) as are permitted under the
Rehab Plan, but administered in accordance with procedures
established by the Administrator.
Date: December 7, 1995 LONGVIEW FIBRE COMPANY
By:\s\ X. X. Xxxxxxxx
Title: Sr. V.P.-Finance
The provisions of the above amendment which relate to the Trustee are hereby
approved and executed.
Date: December 20, 1995 XXXXX FARGO BANK, NATIONAL ASSOCIATION
By:\s\ Xxxxxxx Xxxxx
Title: Vice President
Date: December 20, 1995 XXXXX FARGO BANK, NATIONAL ASSOCIATION
By:\s\ Xxxx X. Xxxxx
Title: Vice President
