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XI:2 tJotwittistancjing ~ny provision of SeCtion ~,1 ~C this .
Article XI to the contrary, a Parti~iFant ~rha has
made any nandatory contributions to the ~~an as re-
quired hy Secti:~n vi:2 0: Article VI, Contril~utions,
whose employr,~ent is terninated prior to i~is vornal
Retirement Date shall be entitled to a ter:~ination
benefit as provic~ie~l hy such Section VI:2. .
XI:3 A Participant. whose employment with the L~~{~lo~?er is
terminated E•i ior t~ his ~,~ormal Xetire!nent Dzte and
who has been cnpl~yed by the EinFloyer while this Plan
and Trust wcre in existence for the nur~ber of years
of service s ecified b the Em lo er in Ite~a ly in
the Adoption Ac~reenent at ate o termination o
employnent, shall receive a paid-up retirenent annuity
~ of the nor~al annuity form, t!-~e Eirst monthly Aaynertt
becoming due ~n his tarly, Retirement D~te in the .
amount resultiny fror.? apQlying the reducti~n tactors
in Se~tion V1lI:1 of this Plan and Trust to the ac-
crued and vestec~ ~enefit which would be ~.~y;i~le at
normal retirement ~iate. The ~mount ~f th~ r~•tirement
r annuity payable at ~orr.~al Retir~nent ~ate ahall be a
l peccentage of the cetirement annuity accrue~ at date
of tecminat ion of er~~loyment provided hy ti~e i:~ployFr
contr ibut ions as ~~ete rm ined .by the schedu 1 e s~ec i f ie:l
by the Emplayer in Ite~ 15 in the Adoption AgrPemQnt.
For purposes of comFuting the Accrued Benefit provided
by Employer contributions, tbe Acerued iienefit at
_ date of termination of er~ployment derived from the
Particigant's contributions, if any, shall he cieter-
mined as follows: (1) the Participant's contribu-
tions requireo hy ,Article VI:2 shall be accumulated
with 5~ intcrest fror,? the beginniny of the F~Ian Yeac
in which the contribution was ~ade (but not before
the Plan ~?nniversary in 197b iE this is a restatement
of an existing plan) ta the E~articipant's. ~orma]
Ketirement Date; t2? the Accrued Benefit at date ~f
termination of employ~ent derived fror~ the Partici-
Fant's contiribution shall be the actuarial eyuivalent
of accrued raontnly tenefit based on a conversion
equivalent oE the projected accunulations deternine~,
in Itera(1) in this paragraph above for Partici~ants
whose normal.re~tirement age is 65. Otherwise, the
conversio~ eyuivalent shall be ~etermined fror~ IRS
published rates for any Pacticipant whose normal
retirement age is over age o5.
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