Neiman Marcus 2005 Annual Report Download - page 174

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to the extent that such sum does not exceed the first two percent (2%) of his or her Compensation for such payroll period,
plus
(b) 25% of the sum of (i) the Participant's Elective Deferrals for such payroll period and (ii) the Participant's
Maximum Savings Plan Deferrals for such payroll period, to the extent that such sum does not exceed the next four percent
(4%) of his or her Compensation for such payroll period, minus
(c) the Participant's Maximum Savings Plan Match for such payroll period.
4.3 Discretionary Credits. In addition to the deferrals made pursuant to Section 4.1 and 4.2, with the approval of the
Board of Directors of the Company, at any time during a Plan Year an Employer may make a Discretionary Credit to the Account of
any Eligible Employee in the employ of such Employer. Any such Discretionary Credit shall be made solely in the discretion of the
Employer making such credit and shall be credited to the Eligible Employee's Account as of such date and in such amount as such
Employer shall determine, subject to the approval of the Board of Directors of the Company.
ARTICLE 5. ACCOUNTS; INTEREST
5.1 Accounts. An Employer shall establish and maintain on its books an Account for each Participant employed by
such Employer. Each such Account shall be designated by the name of the Participant for whom it is established. An Employer shall
continue to maintain a Participant's Account as long as a positive balance remains credited to such Account. A Participant's Account
shall be credited with the amounts of Elective Deferrals, Matching Deferrals, and Discretionary Credits, if any, as provided in the Plan
and any adjustments hereunder. Within 45 days after the end of each calendar quarter, the Committee shall provide the Participant
with a statement of his or her Account.
10