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(1) If the Participant's surviving spouse is the Participant's sole <br /> "designated Beneficiary",the remaining "life expectancy" of the <br /> surviving spouse is calculated for each "distribution calendar year" <br /> after the year of the Participant's death using the surviving spouse's <br /> age as of the spouse's birthday in that year. <br /> (2) If the Participant's surviving spouse is not the Participant's sole <br /> "designated Beneficiary" (i.e.,multiple beneficiaries),the <br /> "designated Beneficiary's"remaining"life expectancy" is calculated <br /> using the age of the oldest Beneficiary in the year following the year <br /> of the Participant's death,reduced by one for each subsequent year. <br /> (3) If the Participant's sole "designated beneficiary" is not the <br /> Participant's spouse,the "designated Beneficiary's" remaining "life <br /> expectancy" is calculated using the age of the Beneficiary in the <br /> year following the year of the Participant's death,reduced by one for <br /> each subsequent year. <br /> (B) No Designated Beneficiary. <br /> If the Participant dies before the date distributions begin and there is no <br /> "designated Beneficiary" as of September 30 of the year following the year <br /> of the Participant's death, distribution of the Participant's entire interest will <br /> be distributed by December 31 of the calendar year containing the fifth <br /> anniversary of the Participant's death. <br /> (C) Death of Surviving Spouse Before Distributions to Surviving Spouse Are <br /> Required to Begin. <br /> If the Participant dies before the date distributions begin,the Participant's <br /> surviving spouse is the Participant's sole "designated Beneficiary", and the <br /> surviving spouse dies before distributions are required to begin to the <br /> surviving spouse under subsection(b)(ii)(A),this subparagraph(d)(ii)will <br /> apply as if the surviving spouse were the Participant. <br /> (e) Definitions. <br /> (i) A Participant's "required beginning date"is April 1 of the year that follows the later <br /> of(1)the calendar year the Participant attains age 70 1/2 or(2)retires due to <br /> Severance from Employment. If the Participant postpones the required distribution <br /> due in calendar year he or she attains age 70 1/2 or severs employment,to the <br /> "required beginning date",the second required minimum distribution must be taken <br /> by the end of that year. <br /> (ii) Participant's "designated Beneficiary" means the individual who is designated as <br /> the Beneficiary under Section 8.1 and is the designated Beneficiary under Code <br /> Section 401(a)(9) and Treasury Regulation Section 1.401(a)(9)-4. <br /> 20 <br /> GN- 107672 Specimen 457(b)Plan Document <br /> GPLANLVL—CORRSPND Deferred Compensation Plan <br /> Ver 102011 <br />