A. VALUATION.

The Plan determines the value of your individual account as of the close of business each business day. The value of your individual account reflects 1) employer contributions made on your behalf, 2) elective deferral contributions, if any, 3) investment earnings or losses net of investment expenses 4) amounts paid as benefits since the preceding business day and 5) your share of the Plan's administrative expenses. The Plan’s valuation date is December 31 of each year.

Your account balance represents the amount that has been credited to your individual account as of a specific date only. This does not create any right to receive that amount in the future. The Plan cannot guarantee a fixed amount as of any particular valuation date because the amount in your account at retirement depends upon unforeseeable future earnings and expenses.