A. REQUIRED DISTRIBUTIONS.

Under the Internal Revenue Code, the Plan must commence paying your benefits no later than April 1 following the year in which you attain age 70½ or the date you retire, whichever is later. Participants who are 5% owners must commence receiving their benefits at age 70½ regardless of whether they continue working.

WARNING: Regarding Potential Tax Penalty
The IRS will assess a severe penalty against you if you do not begin receiving your benefits by April 1 of the year following the date you attain age 70-1/2 or the date you retire, whichever is later. There may also be penalties under state tax law.

If you are not married, are not actively employed in the Electrical Industry, and you attain age 70½ but refuse to file a retirement application, you will be deemed to have elected a single life annuity form of benefit. The Plan will commence making distributions to you in the form of a single life annuity on or about April 1, of the year following your attainment of age 70½. If you are married (when the Plan Office is uncertain of your marital status, it will presume that you are married), not actively employed in the Electrical Industry, and attain age 70½ but fail to file a retirement application, you will be deemed to have elected a Joint and 50% Survivor Annuity. In determining your benefit (if the information is not available), your spouse will be deemed to be five years younger than you. If the Plan learns that your spouse is younger than the presumed age, the Plan may make any appropriate adjustment, including a reduction or offset in benefits.