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Retirement Benefit Payment Options Offered	Things to Remember: Only one option below can be selected Once option is chosen, and benefits begin, the option cannot be changed Five-Year Certain and Life Annuity Option Ten-Year Certain and Life Annuity Option Joint & Survivor Annuity Option (50%, 66-2/3%, or 100%) Joint & Survivor Annuity with Pop-up Option (50%, 66-2/3%, or 100%) Social Security Adjustment Option Five-Year Certain and Life Annuity Option This option is automatic for an Unmarried Participant. This option provides an unreduced monthly benefit for the life of the Participant. If the Participant dies before receiving 60 monthly payments, then payments will be paid to the beneficiary until a total of 60 payments have been made. The Beneficiary may be changed at any time with written request (including spousal consent) only. Ten-Year Certain and Life Annuity Option This option provides a reduced monthly benefit for the life of the Participant. If the Participant dies before receiving 120 monthly payments, then payments will be paid to the beneficiary until a total of 120 payments have been made. The Beneficiary may be changed at any time with written request (including spousal consent) only. Joint & 50% Survivor Annuity This option is automatic for a Married Participant unless the spouse signs a Rejection of the Qualified Joint & Survivor Annuity. The same applies to a Participant with a Qualified Domestic Partner under the Pension Plan. The Participant will receive a reduced monthly benefit for his/her lifetime. The Joint Annuitant will receive 50% of the pension payable for his/her lifetime, upon Participant’s death. A non-spouse Joint Annuitant cannot be more than 44 years younger than the Participant. No change in Joint Annuitant may be made after retirement. Joint & 66-2/3% Survivor Annuity The Participant will receive a reduced monthly benefit for his/her lifetime. The Joint Annuitant will receive 66-2/3% of the pension payable for his/her lifetime, upon Participant’s death. Non-spouse Joint Annuitant cannot be more than 24 years younger than the Participant. No change in Joint Annuitant may be made after retirement. Joint & 100% Survivor Annuity The Participant will receive a reduced monthly benefit for his/her lifetime. The Joint Annuitant will receive 100% of the pension payable for his/her lifetime, upon Participant’s death. Non-spouse Joint Annuitant cannot be more than 10 years younger than the Participant. No change in Joint Annuitant may be made after retirement. Joint & Survivor Annuity with Pop-up (50%, 66-2/3%, or 100%) This option is similar to the J&S Annuity Option, unless the Joint Annuitant predeceases the Participant. If Joint Annuitant predeceases Participant, monthly amount payable to Participant is "popped-up" to amount payable under Five-Year Certain Option for Participant’s lifetime, but there is no Five-Year guarantee. Benefit ceases upon Participant’s death, if monthly benefit is "popped-up" due to Joint Annuitant’s death. Joint & 50% Survivor Annuity with Pop-up Example Mr. Woods’ (Participant) elected the 50% Joint & Survivor with Pop-up Annuity option. The Five-Year Certain and Life Annuity payment would have been $2,000. See below for the example: Mr. Woods (Participant) receives a monthly benefit of $1,780 under this option. Mrs. Woods (Joint Annuitant) predeceases Mr. Woods on 1/22/00. Mr. Woods’ monthly benefit will be "popped-up" to $2,000 beginning 2/1/00. Joint & Survivor 66-2/3% Annuity with Pop-up Example Mr. Palmer (Participant) elected the 66-2/3% Joint & Survivor Annuity with Pop-up option. The Five-Year Certain and Life Annuity benefit would have been $2,000. See below for the example: Mr. Palmer (Participant) receives a benefit of $1,720 under this option. Mr. Palmer (Participant) dies on 5/13/02. A monthly benefit of $1,146.67 (or 66-2/3% of what Mr. Palmer was receiving at the time of his death) will be paid to Mrs. Palmer (Joint Annuitant) beginning 6/1/02 for her lifetime. Joint & 100% Survivor Annuity with Pop-up Example Mr. Norman (Participant) elected the 100% Joint & Survivor Annuity with Pop-up Annuity option. The Five-Year Certain and Life Annuity benefit would have been $2,000. See below for the example: Mr. Norman (Participant) receives a benefit of $1,590 under this option. Mr. Norman (Participant) dies on 11/1/01. Mrs. Norman (Joint Annuitant) will receive $1,590 (or 100% of what Mr. Norman was receiving at the time of his death) beginning 12/1/01 for her lifetime. However, if Mrs. Norman (Joint Annuitant) had predeceased Mr. Norman (Participant), then Mr. Norman’s monthly benefit would have been "popped-up" to $2,000 beginning the first of the month after Mrs. Norman’s death. Social Security Adjustment Benefit This option provides a uniform total retirement income. Participant must retire Early and begin payments with Plan before SS benefits begins. This option provides larger monthly payments until SS benefits begin, then the monthly payments will be reduced or terminated to reflect payment of Social Security Benefits. There will be no continuation of benefits to anyone after the Participant’s death. The amount is based on certain actuarial adjustments specified in the Plan.