Supercuts 2007 Annual Report Download - page 153

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(a) 32
Non-Class Year Accounting (complete (1) and (2)).
(1)
The earliest of termination of employment with the Employer (see Plan Section 7.03) and the following event
(s) (check appropriate box(es); if none selected, all distributions will be upon termination of employment):
(A) 32
Attainment of Normal Retirement Age (as defined in Section 1.07(f)).
(B) 32
Attainment of Early Retirement Age (as defined in Section 1.07(g)).
(C) 32
The date on which the Participant becomes disabled (as defined in Section 1.07(h)).
(2)
Timing of distribution (check either (A) or (B)).
(A) 32
The distribution of the Participant’s Account will be begin in the month following the event
described in (a)(1) above, however, if the event is termination of employment, then such
distribution will begin as soon as practicable on or after the 1st day of the seventh calendar month
following such separation if the Participant was a Key Employee.
(B) 32
The distribution of the Participant’s Account will begin as soon as administratively feasible in
the calendar year following distribution event described in (a)(1) above, provided however, that if
the event is termination of employment, in no event will such distribution begin earlier than the
1st day of the seventh calendar month following such separation if the Participant was a Key
Employee.
(b) 2
Class Year Accounting (complete (1) and (2)).
SEE AMENDMENT
(1)
Upon (check at least one; (A) must be selected if plan has contributions pursuant to section l.05(b) or (c)):
(A) 2
Termination of employment with the Employer (see Plan Section 7.03); provided however,
that if the event is termination of employment, in no event will such distribution begin earlier than the
1st day of the seventh calendar month following such separation if the Participant was a Key Employee.
(B) 2
The date elected by the Participant, pursuant to Plan Section 8.02, and subject to the
restrictions imposed in Plan Section 8.02 with respect to future Deferral Contributions, in which
event such date of distribution must be at least one year after the date such Deferral Contribution
would have been paid to the Participant in cash in the absence of the election to make the Deferral
Contribution.
6