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Retirement Savings Plan Design Element

B. PROHIBITED EMPLOYMENT DEFINED:

The term Electrical Industry means all branches of the Electrical Industry. This includes working as a supervisor, estimator, salesman, consultant, or self-employment in any branch of the Electrical Industry, or any other work involving any electrical knowledge you have acquired as a Participant.

Prohibited Employment includes:

  1. work in employment of the type performed by Employees covered by the Plan whether or not under a collective bargaining agreement;

  2. work which requires directly or indirectly the use of the same skills used by Employees covered by the Plan;

  3. work in employment for compensation or wages of any kind or for profit in the Electrical Industry;

  4. work for profit as an owner or partner in any business directly or indirectly connected with the Electrical Industry; and

  5. work where you supervise Employees in the same trade or craft or directly or indirectly use the same skills as Employees covered by the Plan on the date you retire. It also includes any employment with a contributing Employer or any employment under any collective bargaining agreement to which the Union is party, or any employment with the Union.

For purposes of determining whether you are employed in Prohibited Employment, hours or hours of service include all hours for which you receive compensation of any kind, whether for actual work, illness, for incapacity (including disability), leave of absence or layoff.