Common use of Exclusions From Compensation Clause in Contracts

Exclusions From Compensation. (non-integrated plans only): a. There will be no exclusions from Compensation under the Plan. b. Any amount included in a Participant's gross income due to the application of Code Sections 125, 132(f)(4), 402(h)(1)(B), 402(e) or 403(b) will be excluded from the definition of Compensation under the Plan. c. Overtime d. Bonuses e. Commissions f. Exclusion applies only to Participants who are Highly Compensated Employees. ▇. ▇▇▇▇▇▇▇▇▇ pay h. Holiday and vacation pay i. Other: _____________________________________ Section 401(k) Plan AA #010

Exclusions From Compensation. (non-integrated plans only): a. There will be no exclusions from Compensation under the Plan. b. Any amount included in a Participant's gross income due to the application of Code Sections 125, 132(f)(4), 402(h)(1)(B), 402(e) or 403(b) will be excluded from the definition of Compensation under the Plan. c. Overtime d. Bonuses e. Commissions f. Exclusion applies only to Participants who are Highly Compensated Employees. ▇. ▇▇▇▇▇▇▇▇▇ g. Severance pay h. Holiday and vacation pay i. Other▇. ▇▇▇▇▇: __________________________________________________________ 3 Section 401(k) Plan AA #010010 B. "DISABILITY" [ ] 1. As defined in paragraph 1.26 of the Basic Plan Document #01. [X] 2. As defined in the Employer's Disability Insurance Plan.