Våra medicinska alternativ ger anställda och deras berättigade familjemedlemmar, inklusive inhemska partners, med omfattande täckning och skydd mot stora medicinska kostnader. Täckning är tillgänglig från första anställningsdagen. Alla alternativ täcker förebyggande vård, vård och öppenvård, rutinbesök, receptbelagda läkemedel, fysioterapi, hemhälsovård, psykisk hälso - och sjukvård och hospice vård. Dessutom erbjuder våra medicinska alternativ många program och tjänster som kan hjälpa anställda att förbättra och bibehålla sin hälsa, bättre hantera sjukdomar och få bättre värde för sina hälso-dollar. Vår tandplan hjälper medarbetarna att betala kostnaderna för tandvård för sig själva och deras berättigade familjemedlemmar. Täckning är tillgänglig från första anställningsdagen. Deltagarna kan dra nytta av minskade kostnader för out-of-pocket när de använder tandläkare i ett rikstäckande nätverk av deltagande leverantörer. Vår tandplan betalar för förebyggande, restaurerande och kirurgiska tjänster, liksom ortodonti, på olika nivåer av täckning. Visionsvård Med vår visionplan erbjuder vi anställda ett prisvärt sätt att behålla ögons hälsa och få rabatter på glasögon. Täckning är tillgänglig från första anställningsdagen. Flexibla kostnadsredovisning Våra flexibla utgiftskonton ger anställda möjlighet att avsätta pengar före skatt för stödberättigande utgifter för vårdkostnader och vårdkostnader. Täckning är tillgänglig från första anställningsdagen. Anställda kan avsätta upp till 2 500 per år för ersättning för stödberättigande utgifter för sjukvård (till exempel betalningar för kontorsbesök, receptbelagda läkemedel, kontaktlinser, glasögon, ortodonti och hörapparater) via sjukvårdsverket. Dessutom kan anställda avsätta upp till 5000 per år för ersättning av stödberättigande barnomsorg eller äldreomsorgskostnader genom vårdgivaren FSA. Wellnessprogram Våra hälsoprogram och resurser är utformade för att främja övergripande hälsa och välbefinnande: Seminarier och onlinematerial om hälsorelaterade ämnen, inklusive stresshantering, näring, säkerhet och balansarbete och familjebehov Hälsofrämjande program på ämnen som diabetes, cancer och vikthantering På platsen screeningar och immuniseringar på vissa ställen för att främja sjukdomsmedvetenhet och tidig upptäckt På platsen för fitness och rehabiliteringscenter på vissa platser som erbjuder professionellt övervakade program, inklusive aerobics, fitnessbedömningar och rehabiliteringstjänster. Du håller på att avsluta för ett annat Abbott-land eller regionens specifika webbplats. Observera att webbplatsen du har begärt är avsedd för invånarna i ett visst land eller länder, som noterat på den webbplatsen. Som ett resultat kan webbplatsen innehålla information om läkemedel, medicintekniska produkter och andra produkter eller användningar av sådana produkter som inte är godkända i andra länder eller regioner. Den webbplats du efterfrågade kanske inte optimeras för din specifika skärmstorlek. Vill du fortsätta och avsluta denna webbplats Du är på väg att lämna Abbott-familjen på webbplatser för en tredje parts hemsida Länkar som tar dig ut ur Abbotts globala webbplatser är inte kontrollerade av Abbott och Abbott ansvarar inte för innehållet i någon sådan webbplats eller ytterligare länkar från en sådan webbplats. Abbott tillhandahåller endast dessa länkar till dig som en bekvämlighet, och införandet av någon länk innebär inte att Abbott godkänner den länkade webbplatsen. Webbplatsen som du har begärt kanske inte optimeras för din skärmstorlek. Vill du fortsätta och lämna denna webbplats 2017 Abbott. Alla rättigheter förbehållna. Vänligen läs det juridiska meddelandet för ytterligare information. Om inte annat anges är alla produkt - och servicenamn som visas på den här webbplatsen varumärken som ägs av eller licensierats till Abbott, dess dotterbolag eller dotterbolag. Användning av Abbott-varumärke, handelsnamn eller handelsdräkt på denna webbplats kan göras utan föregående skriftlig auktorisation av Abbott, förutom att identifiera produkten eller tjänsterna i företaget. AbbottHospira Stock Options FAQs Som anges på AbbottHospira-sidan av vår webbplats, det finns många variabler att överväga när man utövar alternativ, säljer lager och relaterade skatter och planer som följer med den. Denna sida är avsedd att ge dig en kortfattad förståelse för den komplexa världen av dessa alternativ. Vänligen försök inte att tillämpa principerna här utan att först kontakta oss. 1. Hur bestämmer jag den totala kostnaden för att utöva ANSWER: strejkpris x antal alternativ att utöva 2. Vad är en kontantlös övning SVAR: Det här är när du övar och säljer de nyförvärvade aktierna samma dag. Detta är inte detsamma som en byte eller intyg, som beskrivs i 5 nedan. 3. Hur använder jag en kontant eller kontantlös övning ANSWER: Abbott anställda går till onesource. ubsABT. Hospira anställda går till onesource. ubsHSP. Alla som arbetar på något av dessa företag kan också ringa UBS på 312-525-4513 och prata med någon på Abbott-laget. De kommer att behöva leverera den totala kostnaden för att träna, om inte kontantlös, till sitt UBS-konto inom tre bankdagar. 4. Kommer jag alltid ha ett konto med UBS ANSWER: Ja. UBS öppnar automatiskt ett konto som innehåller de aktier du får från en övning. Om du vill göra ytterligare investeringar med UBS måste du öppna ett annat konto. Dessa konton är inte utbytbara. 5. Vad är en övning som görs genom att intyga (eller också kallad swap) ANSWER: Det innebär samma kostnad för att träna som en kontant övning, förutom att istället för att komma över pengar kan du intyga att du äger aktier av ABT motsvarande till dollarbeloppet som krävs. 6. Hur räknar jag ut antalet aktier som krävs för att utöva genom att intyga svar: strejkpris x antal optioner för att utöva nuvarande marknadspris på aktier 7. Hur övar jag med att svara SVAR: Du måste fylla i bifogad formulär som du kan komma på GCD-webbplatsen (gcdadvisorsAbbott. html), komplettera, underteckna och faxa till telefonnumren längst ner i formuläret. Du behöver inte fysiskt leverera några aktier. Detta görs på hederssystemet. 8. Om jag intygar att äga aktier för att utöva en ny sats, får jag faktiskt några nya aktier. SVAR: Ja. Med hjälp av formeln i 6 ovan antar vi att aktiekursen är 33, antalet optioner är 1.000 och nuvarande börskurs på aktien är 42. Du måste äga 785 aktier (33 x 1000 42, du kommer att runda ner). Eftersom du intygar att du äger 785 aktier får du 215 (1000 - 785) nya aktier. 9. Vilka typer av övningar kan göras genom att intyga: Varför kan någon övning ske genom att intyga, men endast icke-kvalificerade (NQ) bidrag och incitamentoptioner (ISO) bidrag efter 2996 kommer att ges ersättningsalternativ enligt beskrivningen i 11 nedan . 10. Finns det några restriktioner för de aktier jag äger för att kvalificera mig för att intyga SVAR: Ja. Många. en. Aktierna måste antingen vara gemensamt ägda med din make, ägda individuellt eller i ett återkallbart förtroendekonto. b. Om aktierna förvärvades via en tidigare NQ-övning måste 6 månader ha gått. c. Om aktierna förvärvades via en tidigare ISO-övning måste 6 månader ha gått om de används för en ny NQ-övning eller 12 månader om det gäller en ISO-övning. d. Om du köper dem på den öppna marknaden måste de ha avgjort (3 bankdagar måste passera). Många kunder vill inte köpa aktierna om inte beståndet har ökat till en punkt över 25 över aktiekursen (se 11 nedan för varför 25 är en viktig punkt). Genom att beståndet befinner sig på en sådan högre punkt lämnar detta utrymme för att lagret faller inom 3 bankdagar, men det slutliga priset på träningsdagen är fortfarande 25 över lösenpriset, vilket gör att kunden fortfarande kan ta emot ersättningsalternativen. 11. Vad är den skattepliktiga inkomsten vid utövande av NQs ANSWER: Det är det totala dollarnsvärdet av in-the-money-faktorn på alla utvalda NQ. Exempel: Om du utövar 1000 alternativ med ett aktiekurs på 31 och det nuvarande marknadsvärdet är 41, då är skatteplikten 10 000 (41-31) x 1000. 12. Vad är skattebehandlingen för intäkterna från att utöva NQs ANSWER: Det läggs till i din W-2 som vanlig inkomst. Abbott kommer normalt att ta ut 25 federala kollisioner, 3 statliga innehav och FICA (vilket är 7,65 tills du har tjänat FICA max, då faller det till 1,45). 13. Vad är den skattepliktiga inkomsten vid utövande av ISO: s SVAR: Det finns ingen skattepliktig inkomst i sig om du inte diskvalificerar transaktionen (beskrivs i 15 nedan). Du behöver fortfarande beräkna det totala dollarns värdet av in-the-money-faktorn på alla de utövade ISO-systemen. Exempel: Om du utövar 1000 alternativ med ett aktiekurs på 31 och nuvarande marknadsvärde är 41, är in-the-money-faktorn 10 000 (41-31) x 1000. Denna beräknade belopp är en skattepreferens som används i den federala beräkningen av alternativ minimiskatt (AMT). Det finns ingen AMT i Illinois, men det finns i Wisconsin och några andra stater. Beroende på många andra variabler på din avkastning, kan AMT ligga mellan 0 och 35. Eftersom det inte finns någon vanlig skatt, finns det inget belopp av något slag när du utövar en ISO. 14. Vad är en diskvalificering (DQ) för en ISO-SVAR: Detta händer när du: a. sälja aktier förvärvade av ISO-övning inom 12 månader b. använda sådana aktier för att intyga att utöva en NQ-övning inom 6 månader c. Använd sådana aktier för att intyga att du utövar en ISO-övning inom 12 månader. När det händer finns det vanligtvis ingen indikation på detta på din W-2. Ibland kommer emellertid ABT att inkludera denna bruttoinkomst på din W-2 om samma dagförsäljning görs av ISO. Även om det ingår på W-2, finns det aldrig något innehåll och FICA gäller aldrig. 15. Skulle jag någonsin bli skyldig att göra beräknade skattebetalningar om jag utövar antingen en NQ eller ISO eller sålde några aktier ANSWER: Det skulle alla bero på om du var straffavvisande. Endast för federala ändamål skulle du vara straffbevis om ditt sammanlagda sammanlagda skatt som betalats in (både från återköp, tidigare års överbetalning och beräknade skatter) för året är större än det lägsta av 110 av ditt tidigare år brutto skatt eller 90 av nuvarande årsskatt. För Illinois måste det aktuella årets innehav och uppskattningar vara större än eller lika med föregående års bruttoskatt. Uppskattningar måste betalas under räkenskapsåret inklusive transaktionen som orsakade dem inte vara straffsäkerhet. Detta är en mycket svår beräkning. Vänligen kontakta GCD för detta. 16. Vad är den föredragna strategin för att hantera de aktier som förvärvats av en NQ-svar SVAR: GCD anser att dessa aktier bör säljas samma dag som de utövas. Eftersom vanlig skatt bara betalats på utövandet (se 12) är uppvägen för framtida tillväxt utöver marknadspriset på träningsdagen (endast beskattas till långsiktiga realisationsvinster) mycket mindre än den nedre delen av aktien som faller efter att kunden bara betalat vanliga skattesatser. Om du är ytterligare bullish bör du starkt överväga att utöva genom attestering när alternativet får 25 i pengarna och säljer fortfarande de nya nettoaktierna. Om du är bullish och lageret går upp, kommer dina ersättningar att ge ytterligare värde. Men om aktien går ner, har du dragit ut kapitalet ändå. 17. Vad är den nya grunden för utövade aktier ANSWER: Det beror på om du utövar en ISO vs NQ och kontanter vs certifikat. Här är beräkningarna: Alla certifierade aktier behåller sin ursprungliga grund. 18. Hur bestämmer jag grunden för de sålda aktierna ANSWER: Detta måste bestämmas av modellen som utarbetats av GCD. GCD kommer att välja det parti som är mest skattigt fördelaktigt baserat på olika variabler som existerar vid tidpunkten för försäljningen. Återköpta aktier som tidigare har blivit föremål för AMT-beräkningen kan leda till att du återkommer, om inte alla, AMT som tidigare betalats in. GCD har lärt sig att denna återbetalning är i genomsnitt mindre än 70 av det ursprungliga beloppet som betalats in. 19 . Vad är nyttan av att utöva genom att bevara SVAR: Det finns några. en. Om du överväger att sälja befintliga aktier för att samla in pengar för att göra en kontantutövning tillåter de att de skjuter upp den potentiella vinsten på de tidigare ägda aktierna tills denna nyligen mottagna sats säljs tillsammans med de intygade aktierna. b. Om du inte är bullish, så är det här ett sätt att bara förvärva nya nettoaktier istället för hela kvantiteten. I exemplet i 8 får du bara 215 aktier istället för 1000. c. Abbott har ett särskilt program som kallas ersättning eller omladdning. I exemplet 8 kommer Abbott att ge dig 785 nya NQ-alternativ med ett pris på 42 (marknadspriset på träningsdagen). Dessa nya alternativ kommer att arva den initiala livslängden för det ursprungliga alternativet som utövas, vilket alltid är 10 år från bidragsdatumet. Dessa ersättningar ges endast om marknadspriset är minst 25 över lösenpriset. Om beståndet fortsätter upp 25, kan kunden fortsätta träna och få utbyten ett obegränsat antal gånger inom den första 10-årsperioden. Det här är en så stor fördel att alternativen bör utövas i minut då de blir 25 i pengarna. 20. Vad är den föredragna strategin för hantering av aktier som förvärvats av en ISO-övning SVAR: Detta måste bestämmas av den modell som utarbetats av GCD. Eftersom ABT-aktien för närvarande är platt och skillnaden mellan AMT-kursen och den högsta skattesatsen är nästan 0, finns det en matematisk fördel för dig att diskvalificera ISO-träningen och göra samma dagsdagsförsäljning (SDS). Vänligen gå tillbaka till AbbottHospira-sidan på vår webbplats för mer information. För Abbott och Hospira-anställda Vi har utvecklat ett omfattande konsultförhållande med många av cheferna på A bbott Laboratories och Hospira. Har arbetat med dessa företag i över 10 år, har detta förhållande resulterat i planering av aktieoptioner. finansiell planering. avkastning förberedelse. fastighetsplanering. försäkringsanalys och förvärv och mycket mer. Bortsett från all information som presenteras på vår aktieoptionsplaneringssida har vi dokumenterat många av våra kunders vanliga frågor och GCD Stock Option Philosophies, eftersom det gäller Abbott Amp Hospira Stock Option i specifika. Detta dokument är avsett att ge dig en kortfattad förståelse av den komplexa världen av dessa alternativ. Valet av när man ska träna är en skrämmande. När är rätt tid Vad kommer en person verkligen att gå iväg med efter skatt Och det finns många fler frågor som ska besvaras om du ska maximera fördelarna med dessa aktieoptioner. Vår filosofi utvecklas kring att ta emot känslorna av situationen och titta på den stora bilden av ett kunds liv. Vi gör detta genom att följa följande steg: Fyll i ett frågeformulär för förebyggande modeller som vi har skapat som hjälper oss att bedöma din personliga känsla mot företagets lager och samla historiska data för att återskapa många av de skatteuppgifter som de flesta inte har. Skapa en modell som sammanfattar de olika aktieoptionsbidragen presenterar en handlingsplan baserad på konversationer med vår kund och beräknar de faktiska AMT-, federala, stats - och löneskattseffekterna av någon av de rekommenderade åtgärderna. Rätt aktieoptionsmodell förbättras ständigt och uppdateras eftersom behovet av framtida transaktioner kommer upp. Vi har tillbringat de senaste 5 åren utforma vår egen unika aktieoptionsmodell strängt för anställda i Abbott och Hospira. För närvarande finns det ingen sådan annan modell tillgänglig på marknaden. Dessutom har vi framgångsrikt representerat flera kunder före IRS när det gäller transaktioner med denna modell. Vänligen kontakta oss om du vill diskutera denna modelleringsprocess ytterligare och de relaterade kostnaderna för förberedelse. Ta de åtgärder som beskrivs i modellen i steg 2. På grund av vårt engagemang och förståelse av aktieoptioner ger många av våra kunder oss möjlighet att genomföra transaktionerna tillsammans med UBS (mäklarföretaget som hanterar ALL Abbott och Hospira optionsoptioner). till vår sida för finansiell planering för att lära dig hur aktieoptioner är en del av den fullständiga ekonomiska planeringsprocessen eller kontakta oss för mer information eller en tolkning av någon av informationen på dessa internetlänkar ovan. Abbott Laboratories Stock Pensionsprogram ABBOTT LABORATORIES STOCK AVTALSPROGRAM 1.1. Syfte. Detta dokument ändrar och omarbetar bestämmelserna i Abbott Laboratories Stock Pension Plan (8220programmet Program22221), som är i kraft den 1 januari 1996. Den 1 januari 1996 ska programmet kallas Abbott Laboratories Stock Pension Program. Programmet består av denna preambel och två delar, del A med titeln 8220Abbott Laboratories Stock Pension Plan8221 och Part B med titeln 8220Abbott Laboratories Stock Pensionsplan (Puerto Rico) 8221. Del A ska finansieras av ett förtroende som kallas 8220Abbott Laboratories Stock Pension Trust8221 och del B ska finansieras av ett separat förtroende som kallas 8220Abbott Laboratories Stock Pension Trust (Puerto Rico) 8221. Del A och dess relaterade förtroende är avsedda att utgöra en aktiebonusplan och förtroende enligt 401 a och 501 ai USA: s Internal Revenue Code 1986 (8220U. S. Code8221) som är avsedda att investera primärt i kvalificerade arbetsgivarpapper enligt definitionen i US Code 4975 (e) (8) och 409 (1), ett kontant eller uppskjutet arrangemang enligt US Code Section 401 (k), samt en aktieäganderätt för anställda som uppfyller gällande krav i USA Kod avsnitt 409 och 4975 (e) (7), och bestämmelserna i del A och dess relaterade förtroende ska tolkas och tillämpas i enlighet därmed. Del B är det kontant eller uppskjutna arrangemanget som utgör en del av del B och dess besläktade förtroende avsedda att kvalificeras som en vinstdelning plan och förtroende enligt avsnitt 1165 a och e i Puerto Rico Internal Revenue Code of 1994 ( 8220PR Code8221), och bestämmelserna i del B och dess relaterade förtroende ska tolkas och tillämpas i enlighet därmed. 1,2. Programmets historia. Programmet upprättades ursprungligen av Abbott Laboratories (den 8220Corporation8221), som trädde i kraft den 9 juli 1951, för att underlätta pensionering av berättigade deltagande anställda genom att tillhandahålla förmåner som förstärker de tillgängliga för sådana anställda enligt Abbott Laboratories Annuity Retirement Plan och andra pensionsförmåner från Abbott Laboratories. . Programmet ger ett arrangemang genom vilket anställda kan investera i aktier i Corporation (8220Company Stock8221) genom att bidra till gällande förtroende enligt del A eller del B och genom vilket bolaget och dess dotterbolag kommer att uppmuntra sådana investeringar genom att också bidra till sådana trusts . Bidrag från förtroende från deltagare och arbetsgivare har tillämpats av förvaltarna att förvärva och inneha aktier i bolagets aktier till förmån för deltagare i programmet. Del A, som gäller den 1 januari 1996, gäller för 8220Enställda anställda8221 i bolaget och vissa av dess dotterbolag och avdelningar enligt del A. Del B, som gäller den 1 januari 1996, gäller för 8220Eigible Employees8221 av vissa dotterbolag av företaget enligt del B. 1.3. Rättigheter under förhandsplan. Med undantag för vad som specifikt föreskrivs, ska förmånerna enligt programmet för alla deltagare som pensionerade eller vars anställning med arbetsgivarna annars upphörde före den 1 januari 1996 regleras i alla avseenden enligt villkoren i programmet som gällande på dagen för hans eller hennes pension eller annan uppsägning av anställning. 1,4. Arbetsgivarbidrag. För varje planår, som börjar med planåret som slutar den 31 december 1997, ska arbetsgivarna som deltar i del A eller del B göra arbetsgivarbidrag till förtroendet för del A eller del B, i förekommande fall, till fördel för varje deltagare som är En Stödberättigad Medarbetare under en sådan del när som helst under planåret och för vars räkning grundläggande bidrag har gjorts när som helst under planåret. Med undantag av vad som anges i sista meningen i detta avsnitt 1.4 ska den sammanlagda summan av Arbetsgivarbidrag som Arbetsgivarna gör till Programmet för Planåret fastställas från tid till annan av bolagets styrelse. För varje planår som slutar före den 1 januari 2001 och för den 9-månadersperiod som börjar den 1 januari 2001 och slutar den 30 september 2001 ska Korporationen fördela de sammanlagda Arbetsgivarbidragen till programmet mellan del A och del B i Andelen och belopp som är nödvändiga för punktvärdet enligt del A (enligt definitionen i del A.15.37) för att ha samma dollarvärde som punktvärdet enligt del B (enligt definitionen i avsnitt 14.36 i del B). För varje löneperiod som löper ut den 1 oktober 2001 ska Korporationen fördela de sammanlagda Arbetsgivarbidragen till programmet mellan del A och del B i den andel som de grundläggande bidrag som gjorts under denna löneperiod av deltagare som är stödberättigade anställda enligt del En bär till de Grundläggande Bidrag som gjorts under denna löneperiod av deltagare som är stödberättigade anställda under del B. Utöver det ovanstående gäller för de arbetsår som slutar 31 december 2001, 31 december 2002 och 31 december 2003 de arbetsgivare som deltar enligt del B ska göra arbetsgivarbidrag till förtroendet för del B i en tillräcklig mängd för att föreskriva att arbetsgivarbidraget för varje sådant planår till varje deltagare som är en berättigad anställd enligt del B (och som också var en berättigad anställd som deltar i Del B den 31 december 2000) får inte vara mindre än produkten av: (i) Punktvärdet enligt del B för planåret som slutade den 31 december, 2 000 multiplicerat med (ii) Summan av Participant8217s resultatpunkter och servicepunkter för Planåret som slutade 31 december 2000 (årlig om han eller hon inte var delägare för hela planåret). 1.5 Definitioner. Om inte annat anges, ska ord och fraser som används i denna preambel ha samma betydelse som betydelserna tilldelade sådana ord och fraser enligt del A och del B. 1.6. Ändring och uppsägning. Korporationen förbehåller sig befogenheten att ändra denna preamble från tid till annan, i vilket utsträckning och på vilket sätt det anser lämpligt. Alla större ändringar och alla beslut eller ändringar som rimligen förväntas leda till att uppskov eller uppsägning av arbetsgivaravgifter upphör eller upphörande av betalning av förmåner till deltagare eller stödmottagare eller avslutande av programmet ska göras av bolagets styrelse. Alla övriga ändringar ska fattas av styrelsen för granskning. Med tanke på det ovanstående skall termen 8220 större ändring8221 ha samma betydelse som den mening som anges i denna del. Del A och del B kan ändras och avslutas enligt vad som anges där. Denna preambel ska upphöra vid uppsägning av både del A och del B. Utan hinder av vad som anges i detta avsnitt 22 ska varje materiell revision (enligt New York Stock Exchange-reglerna) till denna preambel vara föremål för godkännande av bolaget8217s ersättning kommitté eller majoritet av bolagets 8217s oberoende styrelseledamöter (enligt New York Stock Exchange-reglerna). ABBOTT LABORATORIES FÖRSÄLJNINGSREDIREMENTSPROGRAM ABBOTT LABORATORIES STOCKHOLDERPLAN (Ändrad och omarbetad 1 januari 1996 och ändrad till och med det 20: e ändringsförslaget som antogs den 11 december 2004) ARTIKEL 1. INLEDNING 1.1. Syfte . Detta dokument ändrar och omställer bestämmelserna i Abbott Laboratories Stock Pension Plan (8220Plan8221), som är effektiva från och med 1 januari 1996. Planen och dess relaterade förtroende, Abbott Laboratories Stock Pension Trust (8220Trust8221), är avsedda att utgöra en beståndsbonusplan och förtroende enligt kodavsnitt 401 a och 501 a som är avsedda att huvudsakligen investera i kvalificerade arbetsgivarpapper enligt definitionen i kodavsnitt 4975 e och 8 och 409.1, ett kontant eller uppskjuten arrangemang enligt koden avsnitt 401 (k) och en ägarförvaltningsplan som uppfyller gällande krav i kodavsnitt 409 och 4975 (e) (7), och bestämmelserna i planen och förtroendet ska tolkas och tillämpas i enlighet därmed. 1,2. Historik för den tidigare planen. Planen upprättades ursprungligen av Abbott Laboratories (den 8220Corporation8221) som trädde i kraft den 9 juli 1951 för att underlätta pensionering av berättigade deltagande anställda genom att tillhandahålla förmåner som förstärker de tillgängliga för sådana anställda enligt Abbott Laboratories Annuity Retirement Plan och andra Abbott Laboratories pensionsförmåner . Den 24 februari 1964 ersattes Korporationen då arbetsgivaren under M amp R Trust konsoliderades med planen och förtroendet. Särskilda bestämmelser om anställda och andra personer som omfattas av M amp R Retirement Investment Trust när de konsolideras med planen och förtroendet anges i tillägg A till förhandlingsplanen. Supplement A ändrade prioritetsplanen och förtroendet i den utsträckning det stred mot prioritetsplanen och förtroendet. Planen som gällande den 1 januari 1996 gäller Kvalificerade anställda i Korporationen och alla dotterbolag och divisioner som deltog i Planen per den 31 december 1995. Planen kommer också att tillämpas på Stödberättigade anställda av alla dotterbolag eller avdelningar som är utsedda av granskningsnämnden för att delta i planen i enlighet med punkt 2.6, från och med den aktuella datumen för en sådan beteckning. 1,3. Rättigheter under förhandsplan. Med undantag för vad som specifikt föreskrivs kommer förmånerna enligt planen för alla deltagare som pensionerade eller vars anställning med arbetsgivarna annars upphörde före den 1 januari 1996 att regleras i alla avseenden enligt villkoren i den förhandlade planen som gällande på dagen av hans eller hennes pension eller annan uppsägning av anställning. ARTIKEL 2. DELTAGANDE 2.1. Datum för deltagande. Varje individ som deltog den 30 september 2001 och är en berättigad anställd den 1 oktober 2001 ska fortsätta att vara en deltagare i planen. Från och med den 1 oktober 2001 ska varje anställd bli deltagare vid vilken dag som helst efter hans eller hennes hyresdag efter det att han eller hon har fyllt i de tillämpliga blanketterna enligt avsnitten 2.2 och 3.4. 2,2. Inskrivning av deltagare. En kvalificerad medarbetare ska bli deltagare genom att underteckna en ansökningsblankett som tillhandahålls av administratören inom 30 dagar efter det att han eller hon har mottagit ansökan eller på annat sätt som administratören fastställer för registrering. En sådan ansökan ska tillåta deltagaren8217s Arbetsgivare att dra av sin ersättning (eller minska hans eller hennes ersättning av) de bidrag som krävs enligt avsnitt 3.2 eller 3.3, beroende på vad som är tillämpligt. 2,3. Återanvändning av deltagare. Om en anställd anställd hos Korporationen, ett intresseföretag eller ett dotterbolag ska upphöra och en sådan anställd därefter återanvänds av Korporation, ett intresseföretag eller ett dotterbolag ska följande gälla: a) Om återanställningen sker före Arbetstagaren har ett brytår, den tjänstgöringsperiod som han eller hon var berättigad vid uppsägningstiden ska återställas, men hans eller hennes frånvaro (men inte överstigande tolv månader) ska ingå i hans eller hennes ålder Period av Credited Service, och han eller hon kommer att återställas som deltagare på hans eller hennes datum för omställning, om deltagaren är en berättigad anställd vid det datumet. (b) Om en anställd är omarbetad efter ett brytår och vid uppsägningstidpunkten var han eller hon inte en deltagare i planen, då: (i) Om de anställda8217s årsredovisningstjänst som han eller hon hade rätt till uppsägningstiden överstiger hans eller hennes antal på varandra följande brytår, den period för krediterad tjänst som han eller hon hade rätt till vid uppsägningstidpunkten ska återställas. (ii) Om Employee8217s antal på varandra följande brytår är lika med eller överstiger det större av 5 år eller den sammanlagda Perioden för Credited Service som han eller hon var berättigad vid uppsägningstidpunkten, ska Medarbetaren anses vara en ny Anställd för alla Syftet med planen och vilken period av krediterad tjänst som han eller hon hade rätt till före uppsägningsdagen ska bortse från. c) Om en anställd är omarbetad efter ett brytår, och vid uppsägningstidpunkten var han eller hon delaktig i planen, ska den period för krediterad tjänst som han eller hon hade rätt till vid uppsägningstidpunkten återställas. d) Om en deltagare överlåtas eller ges en ledighet för en tillfällig eller obestämd period för att bli anställd av en dotterbolag eller en anknuten företag som inte är en arbetsgivare enligt denna, och sådan deltagare inte behandlas som en Stödberättigad anställd enligt avsnitt 15.23 b ska han eller hon fortsätta som deltagare fram till hans eller hennes pensionsdag eller tidigare uppsägning av tjänsten hos Korporationen, alla intressebolag och alla dotterbolag, förutom att under en sådan period får arbetstagaren inte göra några bidrag och kommer inte att krediteras med några arbetsgivaravgifter utom för en proportionell andel av hans eller hennes Employer8217s bidrag för det år då överföringen gjordes eller ledigheten började, beroende på egna bidrag och tjänst upp till datum för sådan överföring eller det datum som en sådan ledighet började, i förekommande fall. Om en Deltagare anställd hos Korporationen, alla Anslutna företag och alla Dotterbolag avslutas på grund av hans eller hennes död, pension eller på annat sätt medan han eller hon är anställd av Korporationen, något intresseföretag eller något dotterbolag som inte är en arbetsgivare enligt denna, Deltagaren kommer att anses ha avslutat sin anställning hos arbetsgivarna samtidigt och av samma skäl. e) När det gäller moderskap eller faderskapsfria (enligt nedan) som börjar den 1 januari 1985 eller senare, ska en anställd anses vara anställd av Korporationen, ett associerat företag eller något dotterbolag (enbart för syftet med avgöra om anställd har uppkommit ett brytår) under det kalenderår som följer efter det kalenderår då hans eller hennes anställning upphörde. En 8220-födelse - eller faderskapsfald8221 innebär en arbetstagares frånvaro från arbetet på grund av arbetstagarens graviditet eller arbetstagarens barns födelse, barnets placering med anställd i samband med att arbetstagaren antar sådant barn eller för ändamål att vårda barnet omedelbart efter sådan födelse eller placering. Administratören kan kräva att medarbetaren tillhandahåller sådan information som administratören anser nödvändig för att fastställa att employee8217s frånvaro var av någon av ovanstående skäl. 2,4. Deltagarnas varaktighet. An individual who has become a Participant under the Plan will remain a Participant for as long as an Account is maintained under the Plan for his or her benefit, or until his or her death, if earlier. Notwithstanding the preceding sentence and unless otherwise expressly provided for under the Plan, no contributions under the Plan shall be made on behalf of any Participant, unless the Participant is an Eligible Employee at the time for which the contribution or allocation is made. 2.5. Participant Restricted Due to Conflict of Interest . If a conflict of interest as defined in subsection (d) should arise with respect to any Participant: (a) Such Participant shall continue as a Participant until his or her retirement date or earlier termination of service with the Employer, an Affiliated Corporation or a Subsidiary, except that during the period of such conflict of interest such Participant shall make no Basic After-Tax Contributions, such Participant8217s Employer shall make no Basic Pre-Tax Contributions on his or her behalf, and such Participant shall be credited with no Employer Contributions except for a pro rata share of his or her Employer8217s Employer Contributions for the year in which such conflict arises, based on his or her Basic Contributions and service to the date such conflict arises. (b) Such Participant must, within 30 days after notice from the Administrator, elect to have 100 of the value of the shares of Company Stock credited to his or her Accounts transferred to the SRP Stable Value Fund or one of the other investment options available under the Plan (other than Company Stock). If the Participant fails to make such election, such shares shall be sold and the sale proceeds shall be transferred to the default Investment Fund selected under Section 5.6. Any Basic After-Tax Contributions, Basic Pre-Tax Contributions and pro-rata Employer Contributions, any Supplemental After-Tax Contributions and Supplemental Pre-Tax Contributions designated by the Participant under Section 5.1 to be invested in shares of Company Stock, and any dividends on shares of Company Stock held in the Participant8217s Accounts, made for or paid during the calendar year in which such conflict of interest arises, shall likewise be transferred to the investment option the Participant selects under the first sentence of this subsection (b) or to the default Investment Fund referred to in the second sentence. These transfers shall not be subject to any of the investment restrictions or transition rules described in Section 5.4. (c) Such Participant may elect to make Supplemental After-Tax Contributions and Supplemental Pre-Tax Contributions during the period of such conflict of interest, notwithstanding the suspension of Basic After-Tax Contributions and Basic Pre-Tax Contributions under subsection (a), provided that no such contributions may be invested in shares of Company Stock. (d) A 8220conflict of interest8221 means a business, professional, family or other relationship involving the Participant, which, as a result of statute, ordinance, regulation or generally recognized professional standard or rule requires divestiture by the Participant of shares of Company Stock. The existence or nonexistence of a conflict of interest for purposes of this Section 2.5 shall be determined by the Administrator, which determination shall be final and binding on all persons. Any determination made under this subsection (d) shall have no effect on the application of any human resources or corporate policies of any Employer regarding conflict of interest. 2.6. Participation by Additional Participating Employers . The Board of Review may extend the Plan to any nonparticipating Division by filing with the Trustee and the Co-Trustees a certified copy of an appropriate resolution by the Board of Review to that effect. Any Subsidiary or Affiliated Corporation may adopt the Plan and become a participating Employer hereunder by: (a) filing with the Board of Review, the Trustee and Co-Trustees a written instrument to that effect, and (b) filing with the Trustee and the Co-Trustees a certified copy of a resolution of the Board of Review consenting to such action. At the time the Plan is extended to any Division of the Corporation or is adopted by any Subsidiary or Affiliated Corporation or any time thereafter, the Board of Review may modify the Plan or any of its terms as applied to said Division, Subsidiary, or Affiliated Corporation and its employees. The Board of Review may include in the Plan any employee of any prior separate business entity, part or all of which was acquired by or becomes a part of any Employer. To the extent and on the terms so provided by the Board of Review at the time of acquisition, or at any subsequent date or in any Supplement to the Plan, the last continuous period of employment of any employee with such prior separate business entity, part or all of which is or was acquired by, or becomes a part of any Employer, will be considered a Period of Credited Service. (a) The Administrator may, from time to time, impose such restrictions on participation in the Plan, as the Administrator deems advisable, to facilitate compliance with federal and state securities laws, to secure exemption under any rule of the Securities and Exchange Commission, or to comply with the Corporation8217s corporate policy with respect to 8220blackout periods8221 related to Company Stock. Such restrictions shall apply to all Participants or to such individual Participants as the Administrator shall determine in his or her sole discretion and may include but shall not be limited to (i) moratoriums on purchases, sales, withdrawals or distributions of Company Stock (ii) moratoriums on loans and transfers into and out of Company Stock and (iii) suspensions of Basic Contributions and Supplemental Contributions allocated to Company Stock. (b) Any Participant for whom Basic Contributions are suspended under Section 2.7(a) may elect to make or continue making Supplemental Contributions, provided that no such contributions may be invested in shares of Company Stock. ARTICLE 3. CONTRIBUTIONS 3.1 Participant Contributions . Except as provided in Sections 2.5 and 2.7, each Participant who has satisfied the eligibility requirements of Section 2.1 may have Basic Contributions made to the Plan on his or her behalf as described in Section 3.2 and may elect to have Supplemental Contributions made to the Plan on his or her behalf as described in Section 3.3 provided, however, that a Participant may make Supplemental Contributions only if Basic Contributions are concurrently being made. 3,2. Basic Contributions . Except as provided in Section 2.5, each Participant who is an Eligible Employee may enter into a Contribution Agreement with the Employer under which the Participant8217s Compensation for each pay period shall be reduced by 2, and the Employer will contribute to the Trust an equal amount as a Basic Pre-Tax Contribution, or as a Basic After-Tax Contribution, as the Participant elects. For purposes of this Section 3.2, Compensation shall be limited to that portion of his or her Compensation as is determined from time to time by the Board of Directors or the Board of Review. Each Participant who makes such contributions shall be eligible to share in the Employer Contributions under Section 3.5. 3,3. Supplemental Contributions . Only those Participants who make the Basic Contributions required under Section 3.2 may make Supplemental Contributions. All Supplemental Contributions shall be made in multiples of 1 of the Participant8217s Compensation, provided that a Participant8217s Supplemental Contributions may not exceed 16 of his or her Compensation. The Participant shall elect in the Contribution Agreement described in Section 3.4 to make such contributions as Supplemental Pre-Tax Contributions, as Supplemental After-Tax Contributions, or both, as applicable. No Employer Contributions under Section 3.5 shall be made with respect to Supplemental Contributions. 3,4. Contribution Agreements . Each Contribution Agreement shall be on a form prescribed or approved by the Administrator or in such manner as the Administrator finds acceptable, and may be entered into, changed or revoked by the Participant, with such prior notice as the Administrator may prescribe, as of the first day of any pay period with respect to Compensation payable thereafter. A Contribution Agreement shall be effective with respect to Compensation payable to a Participant after the date determined by the Administrator, but not earlier than the date the Agreement is entered into. The Administrator may reject, amend or revoke the Contribution Agreement of any Participant if the Administrator determines that the rejection, amendment or revocation is necessary to ensure that the limitations referred to in Section 3.8 and Article 11 are not exceeded. 3.5. Employer Contributions for Periods Ending on or Before September 30, 2001 . For each Plan Year ending before January 1, 2001, and for the 9-month period beginning on January 1, 2001 and ending on September 30, 2001, the Employers shall make Employer Contributions to the Trust for the benefit of each Participant who is an Eligible Employee at any time during the Plan Year and on whose behalf Basic Contributions have been made at any time during the Plan Year. The amount of Employer Contributions made by the Employers for a Plan Year shall be that amount allocated to the Plan under Section 1.4 of the Preamble to the Abbott Laboratories Stock Retirement Program for such Plan Year. For purposes of this Section 3.5, the 9-month period beginning on January 1, 2001 and ending on September 30, 2001 shall be treated as though it were a Plan Year. The Employers may contribute from time to time to the Unallocated Account a portion of the estimated Employer Contributions for the Plan Year. The Trustee shall invest such funds in Company Stock periodically in accordance with stock trading procedures established by the Co-Trustees and agreed to by the Trustee. All dividends paid during the year on the Company Stock thus purchased and held in the Unallocated Account and other income received on Employer Contributions held in the Unallocated Account pending investment in Company Stock shall be used to purchase additional Company Stock to the extent such funds are not used to pay Plan expenses andor Under-Payment Expenses (where Under-Payment Expenses mean the correction of the under-payment of contributions to the Accounts of Participants due to system or administrative errors, which correction shall be in accordance with administrative procedures established by the Administrator). After the amount of Employer Contributions for the Plan Year has been determined, the Employers shall pay the remaining Employer Contributions to the Trust within 90 days after the end of the Plan Year. The Company Stock purchased with such additional Employer Contributions and all shares of Company Stock then held in the Unallocated Account shall be allocated among the accounts of the eligible Participants as of the last day of the Plan Year, based on the value of the Participant8217s earnings points and service points determined as follows: (a) One earnings point will be allocated to each eligible Participant for each 2 of Basic Contributions made on his or her behalf during the Plan Year (b) Five service points will be allocated to each eligible Participant for each Full Year of Credited Service he or she has earned as of the end of the Plan Year, not to exceed 175 service points (c) A Participant who dies, retires under the Abbott Laboratories Annuity Retirement Plan, or terminates employment with an Employer on account of total disability for which benefits are payable under the Abbott Laboratories Extended Disability Plan, at any time during the Plan Year, will be considered as having continued to be employed until December 31 of that Year and will thus earn a Year of Credited Service for purposes of subsection (b) (d) A Participant who separates from service with the Corporation, all Affiliated Corporations and all Subsidiaries for any reason other than death, disability or retirement, at any time during the Plan Year, will be allocated a pro rata portion of the service points the Participant would have received had the Participant continued to be employed until December 31 of that Year, prorated based on the months during the Plan Year prior to the Participant8217s separation from service, and will thus earn a partial Year of Credited Service for purposes of subsection (b) (e) A Participant who is transferred or given a leave of absence in circumstances described in Section 2.3(d) above, at any time during the Plan Year, will be allocated a pro rata portion of the service points the Participant would have received had the Participant continued until Decembe r 31 of that year, prorated based on the Participant8217s service up to the date of such transfer or the date such leave began, as the case may be, and will thus earn a partial Year of Credited Service for purposes of subsection (b) (f) If (i) a Participant retires under the Abbott Laboratories Annuity Retirement Plan and elects to receive the distribution of his or her Accounts during the same Plan Year, (ii) a Participant dies during the Plan Year and the Beneficiary elects to take a distribution of the Participant8217s Accounts during the same Plan Year or (iii) a Participant separates from service during the Plan Year for reasons other than retirement or death and does not elect to defer his distribution to a later Plan Year, the Employer Contribution due in each case for the Plan Year shall be calculated using the Point Value determined for the prior Plan Year and allocated to the applicable Participant8217s Employer Contribution Account. If a Participant or Beneficiary who becomes eligible for a distribution during the Plan Year does not take a distribution during the same Plan Year as described in the prior sentence, the Employer Contribution which would be allocable to his or her Accounts shall be determined and allocated as of the end of the Plan Year under Subsection 3.5(g) below, as if the Participant were actively employed as of the last day of the Plan Year, but shall be calculated as described in (a)-(e) above based on the service recognized therein. (g) The amount of the Company Stock which will be allocated as of the end of the Plan Year to the Employer Contribution Account of each eligible Participant for such Plan Year shall be determined by multiplying the aggregate cost (after adding earnings and deducting expenses as herein permitted) of the Company Stock held in the Unallocated Account at the end of the Plan Year by a fraction, the numerator of which is the sum of the Participant8217s earnings points and service points as of the end of the Plan Year and the denominator of which is the aggregate of all earnings points and all service points for all eligible Participants as of the end of such Plan Year (less the points attributable to Participants to whom or on whose behalf distributions are made during the Plan Year). Once the portion of the aggregate cost which is attributable to each eligible Participant is determined, the applicable number of shares represented by such cost shall be allocated to the Participant8217s Employer Contribution Account. 3.5A Employer Contributions for Periods Ending on and After October 1, 2001 . For each payroll period ending on or after October 1, 2001, the Employers shall make Employer Contributions to the Trust for the benefit of each Participant who is an Eligible Employee at any time during the payroll period and on whose behalf Basic Contributions have been made at any time during the payroll period. The amount of Employer Contributions made by the Employers for a payroll period shall be that amount allocated to the Plan under Section 1.4 of the Preamble to the Abbott Laboratories Stock Retirement Program for such payroll period. The Trustee shall invest such Employer Contributions in Company Stock in accordance with stock trading procedures established by the Co-Trustees and agreed to by the Trustee. The Company Stock purchased with such Employer Contributions shall be allocated among the Employer Contribution Accounts of the eligible Participants as of the day on which the payroll is paid, pro rata, according to the Basic Contributions made by each such Participant during that payroll period. The number of full and fractional shares of Company stock to be so allocated to the Employer Contribution Account of each eligible Participant for such payroll period shall be based on the average cost per share of the Company Stock purchased with the Employer Contributions made for such payroll period. 3.6. Qualified Non-elective Employer Contributions . At the direction of the Corporation, an Employer may make Qualified Non-elective Employer Contributions to the Trust for a Plan Year either (a) on behalf of all Participants for whom Pre-Tax Contributions are made for the Plan Year, or (b) on behalf of only those Participants for whom Pre-Tax Contributions for the Plan Year are made and who are not Highly Compensated Employees for the Plan Year, as the Board of Review shall determine. Except as otherwise expressly provided for, any Qualified Non-elective Employer Contribution shall be treated as a Pre-Tax Contribution for all purposes under the Plan. Qualified Non-elective Employer Contributions may be made pursuant to this Section 3.6, (i) with respect only to Participants who are employed by any Subsidiary which is not an Affiliated Corporation, (ii) with respect only to Participants who are employed by Employers which are Affiliated Corporations, or (iii) with respect to Participants described in both (i) and (ii). 3.7. Time for Making and Crediting of Contributions . Basic and Supplemental Pre-Tax and After-Tax Contributions for any calendar month will be withheld from the Participants8217 Compensation through payroll deductions and will be paid in cash to the Trust as soon as such contributions can reasonably be segregated from the general assets of the Employers, but in any event no later than the 15 th business day of the next following month. Such contributions will be credited to the Participants8217 respective Pre-Tax Contribution and After-Tax Contribution Accounts as of the earlier of (a) the date such contributions are received by the Trust and (b) the last day of the Plan Year in which the Compensation is paid. In addition and subject to the limits provided in Section 3.3, a Participant may make Supplemental After-Tax Contributions by delivering to the Trustee, a certified check in the amount of such contribution and the contribution shall be credited to the Participant8217s Supplemental After-Tax Contribution Account as of the date it is received by the Trustee. Any Employer Contributions or Qualified Non-elective Employer Contributions for a Plan Year will be contributed to the Trust at such time as the Corporation determines, but no later than the time prescribed by law (including extensions) for filing the Corporation8217s federal income tax return for its taxable year in or with which the Plan Year ends. Such contributions will be credited to the Employer Contribution Accounts or Pre-Tax Contribution Accounts, respectively, of Participants on whose behalf they are made at such time as the Corporation determines, but no later than the last day of such Plan Year. 3.8. Certain Limits Apply . All contributions to this Plan are subject to the applicable limits set forth under Code sections 401(k), 401(m), 402(g), 404, and 415, as further described in Article 11. 3.9. Return of Contributions . No property of the Trust or contributions made by the Employers pursuant to the terms of the Plan shall revert to the Employers or be used for any purpose other than providing benefits to Eligible Employees or their Beneficiaries and defraying the expenses of the Plan and the Trust, except as follows: (a) Upon request of the Corporation, contributions made to the Plan before the issuance of a favorable determination letter by the Internal Revenue Service with respect to the initial qualification of the Plan under Section 401(a) of the Code may be returned to the contributing Employer, with all attributable earnings, within one year after the Internal Revenue Service refuses in writing to issue such a letter. (b) Any amount contributed under the Plan by an Employer by a mistake of fact as determined by the Employer may be returned to such Employer upon its request, within one year after its payment to the Trust. (c) Any amount contributed under the Plan by an Employer on the condition of its deductibility under Section 404 of the Code may be returned to such Employer upon its request, within one year after the Internal Revenue Service disallows the deduction in writing. (d) Earnings attributable to contributions returnable under paragraph (b) or (c) shall not be returned to the Employer, and any losses attributable to those contributions shall reduce the amount returned. In no event shall the return of a contribution hereunder cause any Participant8217s Accounts to be reduced to less than they would have been had the mistaken or nondeductible amount not been contributed. No return of a contribution hereunder shall be made more than one year after the mistaken payment of the contribution, or disallowance of the deduction, as the case may be. 3.10. Special Limits for Corporate Officers . Notwithstanding any other provision of the Plan, the Administrator may, from time to time, impose additional limits on the percentages of Compensation which may be contributed to the Plan by, or on behalf of, Corporate Officers, provided that such additional limits are lower than the limits applicable to other Participants. The amount and terms of such limits shall be determined by the Administrator in its sole discretion, need not be the same for all Corporate Officers and may be changed or repealed by the Administrator at any time. For purposes of this Section 3.10, the term 8220Corporate Officer8221 shall mean an individual elected an officer of the Corporation by its Board of Directors but shall not include assistant officers. ARTICLE 4. PARTICIPANT ACCOUNTS 4.1. Accounts . The Administrator will establish and maintain (or cause the Trustee to establish and maintain) for each Participant a Basic After-Tax Contribution Account, a Basic Pre-Tax Contribution Account, a Supplemental After-Tax Contribution Account, a Supplemental Pre-Tax Contribution Account, an Employer Contribution Account, a Rollover Contribution Account (if applicable), a Transfer Contribution Account (if applicable) and such other accounts or sub-accounts as the Administrator in its discretion deems appropriate. All such Accounts shall be referred to collectively as the 8220Accounts8221. 4,2. Adjustment of Accounts . Except as provided in the following sentence, as of each Valuation Date, the Administrator or Trustee, as the case may be, shall adjust the balances of each Account maintained under the Plan on a uniform and consistent basis to reflect the contributions, distributions, income, expense, and changes in the fair market value of the assets attributable to such Account since the prior Valuation Date, in such reasonable manner as the Administrator or Trustee, as the case may be, shall determine. Employer Contributions made to the Unallocated Account, Company Stock acquired under Section 3.5 with such Employer Contributions, and dividends paid on such Company Stock will not be valued as of each Valuation Date, but will be allocated to the Participants8217 Accounts only as of the end of the Plan Year in accordance with Section 3.5 and thereafter such amounts will be valued in accordance with the first sentence of this Section 4.2. Notwithstanding any other provision of the Plan, to the extent that Participants8217 Accounts are invested in mutual funds or other assets for which daily pricing is available (8220Daily Pricing Media8221), all amounts contributed to the Trust will be invested at the time of their actual receipt by the Daily Pricing Media, and the balance of each Account shall reflect the results of such daily pricing from the time of actual receipt until the time of distribution. Investment elections and changes made pursuant to Section 5.5 shall be effective upon receipt by the Daily Pricing Media. References elsewhere in the Plan to the investment of contributions 8220as of8221 a date other than that described in this Section 4.2 shall apply only to the extent, if any, that assets of the Trust are not invested in Daily Pricing Media. ARTICLE 5. INVESTMENT OF ACCOUNTS 5.1. Company Stock . All Employer Contributions made before April 1, 2003, all Basic Contributions made before January 1, 1999, and all dividends and earnings received on those Employer and Basic Contributions shall be invested in shares of Company Stock unless and until they are transferred to another Investment Fund then available under the Plan pursuant to Section 5.4. A Participant may also direct that some or all of his or her Basic Contributions made on or after January 1, 1999, Supplemental Contributions, Rollover Contributions (if applicable) or Transfer Contributions (if applicable) be invested in shares of Company Stock. Company Stock shall be purchased and sold by the Trustee on the open market or from the Corporation in accordance with stock trading procedures established by the Co-Trustees and agreed to by the Trustee. 5.2. SRP Stable Value Fund . All funds invested in the Fixed Income Option and the Guaranteed Income Option under the Prior Plan as of December 31, 1995 shall be invested in the SRP Stable Value Fund on and after January 1, 1996, unless and until such funds are transferred to another Investment Fund described in Article 5. In addition, a Participant may direct that some or all of his or her Supplemental Contributions, Rollover Contributions, or Transfer Contributions made on or after January 1, 1996 and Basic Contributions made on or after January 1, 1999 be invested in the SRP Stable Value Fund. 5.3. Other Investment Funds . The Co-Trustees may, from time to time, direct the Trustee to establish one or more Investment Funds, which may include registered investment companies (including those for which the Trustee or an affiliate is the investment advisor, principal underwriter or distributor), group trusts for the collective investment of pension and profit sharing plans which are qualified under section 401(a) of the Code, and other pooled Investment Funds. A Participant may direct that some or all of his or her (i) Basic Contributions made on or after January 1, 1999, and (ii) Supplemental Contributions, Rollover Contributions or Transfer Contributions be invested in one or more of the Investment Funds available under the Plan in such increments and in such manner as the Co-Trustees and the Trustee establish in investment procedures. To the extent permitted by Sections 5.1 and 5.4, a Participant may instruct the Trustee that amounts held in his or her Accounts that are invested in Company Stock be transferred to and invested in one or more of the Investment Funds established under this Section 5.3. Any amounts held in a Participant8217s Accounts that are not otherwise restricted as to investment under Section 5.1 or 5.4 may be invested or reinvested in Company Stock or any of the Investment Funds then available under the Plan in accordance with the procedures established under Section 5.5. 5.4. Investment of Employer Contributions and Reinvestment of Company Stock . Notwithstanding any other provision in the Plan to the contrary, and except as provided in the next sentence, any Employer Contribution made under the Plan to a Participant on or after April 1, 2003 shall be invested on a pro rata basis in accordance with the Participant8217s investment election(s) in effect for his or her Pre-Tax Contributions at the time the Employer Contribution is made. If a Participant8217s Accounts consist solely of After-Tax Contributions, then any Employer Contribution made under the Plan to such Participant on or after April 1, 2003 shall be invested on a pro rata basis in accordance with the Participant8217s investment election(s) in effect for his or her After-Tax Contributions at the time the Employer Contribution is made. A Participant may direct the Trustee to liquidate all or a portion of the Company Stock held in his or her Accounts and reinvest the proceeds in any of the other Investment Funds described in Section 5.3 in accordance with the procedures established under Section 5.5. 5.5. Investment Elections . Subject to Sections 5.1, 5.2, and 5.4, a Participant, Beneficiary or Alternate Payee may make or change investment instructions with respect to the portion of the Accounts over which he or she has investment direction at such times and at such frequency as the Administrator shall permit in accordance with investment procedures established for the Plan. Such investment instructions shall be in writing or in such other form as is acceptable to the Trustee. 5.6. Default Investment Fund . The Administrator shall from time to time identify one or more of the Investment Funds as the default Investment Fund into which all contributions, for which the Participant has the right to direct investment, shall be invested if the Participant fails to provide complete and clear investment instructions for such contributions. Such contributions shall remain in the default Investment Fund until the Trustee receives investment instructions from the Participant in a form acceptable to the Trustee. 5.7. Participant Direction of Investments . To the extent that this Article 5 does not prohibit a Participant, Beneficiary or Alternate Payee from directing the investment of his or her Accounts, the Plan is intended to be a participant-directed plan and to comply with the requirements of ERISA Section 404(c) and the Department of Labor Regulations 2550.404c-1 as a participant-directed plan. To the extent this Section 5.7 applies, the Administrator shall direct the Trustee from time to time with respect to such investments pursuant to the instructions of the Participant (or, if applicable, the Alternate Payee, or the deceased Participant8217s Beneficiary), but the Trustee may refuse to honor any investment instruction if such instruction would cause the Plan to engage in a prohibited transaction (as described in Code section 4975(c)) or cause the Trust to be subject to income tax. The Administrator shall prescribe the form upon which, or such other manner in which such instructions shall be made, as well as the frequency with which such instructions may be made or changed and the dates as of which such instructions shall be effective. The Board of Review reserves the right to amend the Plan to remove the right of Participants, Beneficiaries or Alternate Payees to give investment instructions with respect to their Accounts. Nothing contained herein shall provide for the voting of shares of Company Stock by any Participant, Beneficiary or Alternate Payee, except as otherwise provided in the Trust. 5.8. Dividends on Company Stock . Except with respect to shares of Company Stock acquired during the Plan Year and held in the Unallocated Account, cash dividends on shares of Company Stock shall be (a) paid in cash to Participants or Beneficiaries, (b) paid to the Plan and distributed in cash to Participants or Beneficiaries not later than 90 days after the close of the Plan Year in which paid, or (c) paid to the Plan and credited to the applicable Accounts in which the shares are held, as elected by each Participant or Beneficiary in accordance with rules established by the Administrator. Cash dividends on such Stock which are not paid or distributed to Participants and Beneficiaries and cash proceeds from the sale of any rights or warrants received with respect to such Stock shall be invested in shares of Company Stock when such dividends or proceeds are received by the Trust, and thereafter such shares shall be credited to such Accounts based on the average cost of all shares purchased with such dividends or proceeds. Stock dividends or 8220split-ups8221 and rights or warrants appertaining to such shares shall be credited to the applicable Accounts when received by the Trust. Cash dividends received with respect to shares of Company Stock held in the Unallocated Account and cash proceeds from the sale of rights or warrants received with respect to such Company Stock shall be reinvested in Company Stock and allocated under Section 3.5, to the extent not used to pay expenses of the Plan andor Under-Payment Expenses, as defined in Section 3.5. Any stock dividends or 8220split-ups8221 (and any rights or warrants unless sooner sold) appertaining to shares of Company Stock held in the Unallocated Account will be held in the Unallocated Account until the end of the Plan Year and allocated under Section 3.5. 5.9. Investment Options for Former M amp R Employees . Effective April 3, 1996 (or such subsequent date as the Administrator determines in his or her sole discretion), Participants (and any Beneficiaries of deceased Participants or Alternate Payees with respect to such Participants or deceased Participants) who have Accounts formerly held in the M amp R Retirement Trust (8220M amp R Accounts8221) and who had special investment options described in Supplement A of the Prior Plan, shall reinvest their Accounts in one or more of the investment options described in Section 5.1, 5.2 and 5.3. If at the end of the transition period established by the Administrator for such reinvestment, any portion of such M amp R Accounts has not been reinvested pursuant to the prior sentence, then the Administrator shall direct the Trustee to liquidate the investments in such Accounts and transfer the proceeds to one or more default investment funds designated by the Administrator. 5.10 Voting of Company Stock . Each Participant or Beneficiary shall be entitled to direct the manner in which shares of Company Stock credited to his or her Account are to be voted, as provided in the Trust. ARTICLE 6. WITHDRAWALS PRIOR TO SEPARATI ON FROM SERVICE 6.1. In-service Withdrawals of After-Tax Contributions . For purposes of Code Section 72, all amounts held in a Participant8217s After-Tax Contribution Accounts that are attributable to Basic or Supplemental After-Tax Contributions made after 1986 (including earnings) shall be considered a 8220separate contract8221. In addition, for purposes of applying the withdrawal provisions set forth in this Section 6.1(a), (b) and (c), a Participant8217s Accounts containing Company Stock shall be separate and distinct from all other Investment Funds in such Accounts, such that a Participant can elect under Sections 6.1(a), (b) and (c) to withdraw all of the Participant8217s Company Stock without withdrawing any of the other Investment Funds or all of the Participant8217s Investment Funds (in other than Company Stock) without withdrawing any Company Stock, or any combination of Company Stock or other Investment Funds as the Participant may elect. If the Participant8217s non-Company Stock funds are in more than one Investment Fund, then such withdrawal shall be made proportionately from all such Investment Funds. Subject to the foregoing, a Participant may elect to take a withdrawal from his or her After-Tax Contribution Accounts in accordance with the following conditions and order of priority: (a) Pre-1987 Supplemental and Basic After-Tax Contributions . A Participant may withdraw from the Trust (i) in cash, any or all of his or her Supplemental and Basic After-Tax Contributions made prior to 1987 andor (ii) some or all of the shares of Company Stock purchased with such After-Tax Contributions. If the Participant elects to receive any withdrawal in Company Stock or cash from Company Stock, such amounts will be withdrawn (i) from the Company Stock in the Supplemental After-Tax Contribution Account until exhausted and (ii) then from the Company Stock in the Basic After-Tax Contribution Account until exhausted. If the Participant elects to receive any withdrawal in cash from the Investment Funds (other than Company Stock), such amounts shall be withdrawn (i) from the Investment Funds (other than Company Stock) in the Supplemental After-Tax Contribution Account until exhausted and (ii) then from the Investment Funds (other than Company Stock) in the Basic After-Tax Contribution Account until exhausted. (b) Post-1986 Supplemental and Basic After-Tax Contributions (Five Years Credited Service Required ). A Participant who has completed five or more Years of Credited Service and who has withdrawn all of his or her pre-1987 Supplemental and Basic After-Tax Contributions under subsection (a) may then withdraw from the Trust any or all of his or her Supplemental and Basic After-Tax Contributions made after 1986 and earnings thereon. Withdrawals under this subsection (b) may be in cash or shares of Company Stock but shall not exceed the value of the Supplemental and Basic After-Tax Contribution Accounts that is attributable to the Participant8217s After-Tax Contributions made after 1986. If the Participant elects to receive any withdrawal in Company Stock or cash from Company Stock, such amounts will be withdrawn (i) from the Company Stock in the Supplemental After-Tax Contribution Account until exhausted and (ii) then from the Company Stock in the Basic After-Tax Contribution Account until exhausted. If the Participant elects to receive any withdrawal in cash from the Investment Funds (other than Company Stock), such amounts shall be withdrawn (i) from the Investment Funds (other than Company Stock) in the Supplemental After-Tax Contribution Account until exhausted and (ii) then from the Investment Funds (other than Company Stock) in the Basic After-Tax Contribution Account until exhausted. (c) Post-1986 Supplemental After-Tax Contributions (Less Than Five Years Credited Service Required) . A Participant who has not completed five or more Years of Credited Service and who has withdrawn all of his or her pre-1987 After-Tax Contributions (if any) under subsection (a) may then withdraw from the Trust any or all of his or her Supplemental After-Tax Contributions made after 1986 and earnings thereon. Withdrawals under this subsection (c) may be in cash or shares of Company Stock but shall not exceed the value of the Supplemental After-Tax Contribution Account that is attributable to the Participant8217s Supplemental After-Tax Contributions made after 1986. If the Participant elects to receive any withdrawal in Company Stock (or cash from Company Stock) such amount will be withdrawn from the Company Stock in the Supplemental After-Tax Contribution Account until exhausted. If the Participant elects to receive any withdrawal in Investment Funds (other than Company Stock), such amount will be withdrawn from the Investment Funds (other than Company Stock) in the Supplemental After-Tax Contribution Account. (d) Remainder of After-Tax Contribution Accounts . A Participant, who has withdrawn all of his or her After-Tax Contributions available under subsections (a), (b) and (c) in both Company Stock and in Investment Funds (other than Company Stock), may then withdraw from the Trust any or all of the amount remaining in his or her After-Tax Contribution Accounts (other than the Basic After-Tax Contribution Account, in the case of a Participant who has not completed five or more Years of Service). (e) Source of Withdrawn Amounts . If the Participant elects to receive his or her withdrawal in shares of Company Stock held in his or her After-Tax Contribution Accounts, whole shares shall be distributed and the value of a fractional share necessary to exhaust the Company Stock allocated to such Accounts shall be distributed in cash. (f) Pre-1987 Shares . (i) For purposes of Section 6.1(a), shares of Company Stock purchased with a Participant8217s Supplemental After-Tax Contribution made prior to 1987 shall be determined as follows: (A) First . the average cost to the Trust of all unwithdrawn shares of Company Stock purchased with Participant8217s Supplemental After-Tax Contributions made prior to 1987 and related dividends shall be established. (B) Next . the total of the Participant8217s unwithdrawn Supplemental After-Tax Contributions made prior to 1987 and applied to the purchase of Company Stock (net of any such amounts that have been reinvested in Investment Funds other than Company Stock) shall be divided by the average cost established under subparagraph (A) above and the resulting amount shall be the number of shares of Company Stock purchased with the Participant8217s Supplemental After-Tax Contributions prior to 1987. (ii) For purposes of Section 6.1(a), shares of Company Stock purchased with a Participant8217s Basic After-Tax Contributions made prior to 1987 shall be determined as follows: (A) First . the average cost to the Trust of all unwithdrawn shares of Company Stock purchased with the Participant8217s Basic After-Tax Contributions and Employer contributions made prior to 1987 and related dividends shall be established. (B) Next . the total of the Participant8217s unwithdrawn Basic After-Tax Contributions made prior to 1987 and applied to the purchase of Company Stock (net of any such amounts that have been reinvested in Investment Funds other than Company Stock) shall be divided by the average cost established under subparagraph (A) above and the resulting amount shall be the number of shares purchased with the Participant8217s Basic After-Tax Contributions made prior to 1987. (iii) For purposes of determining a Participant8217s unwithdrawn Basic After-Tax Contributions and Supplemental After-Tax Contributions made prior to 1987, any shares of Company Stock purchased with the Participant8217s Supplemental After-Tax Contributions made prior to 1987 that were withdrawn by the Participant as of any date shall be charged at the average cost established under subparagraph (i)(A) above as of such date, and any shares of Company Stock purchased with the Participant8217s Basic After-Tax Contributions made prior to 1987 that were withdrawn by the Participant as of any date shall be charged at the average cost established under subparagraph (ii)(A) above as of such date. (g) Withdrawal Procedures . The foregoing provisions of this Section 6.1 are subject to the following: (i) Shares of Company Stock and other amounts that are withdrawn by a Participant under this Section 6.1 shall be charged to his or her respective After-Tax Contribution Account. (ii) No more than one withdrawal may be elected in any ninety-day period provided, however, that the Administrator, in his or her sole discretion, may waive this limitation in unusual cases. (iii) Distribution of the shares of Company Stock or other amounts a Participant elects to withdraw under this Section 6.1 shall be made within such time period and in accordance with the procedures established by the Administrator and agreed to by the Trustee. If the Participant dies prior to the time distribution of such shares or amounts is made, distribution shall be made to the Participant8217s Beneficiary in the same manner as other distributions from the Trust. (iv) Each request for a withdrawal shall be filed with the Administrator, shall specify either the dollar amount or the share amount (or both) to be withdrawn, the value of which amount shall not be less than 500, and may not be revoked, amended or changed by the Participant after it is filed. The Participant shall indicate in his or her withdrawal request whether the withdrawal is to be made in cash or shares of Company Stock. (v) Any check or certificate fees associated with a withdrawal will be charged to the Participant8217s Account. (vi) Withdrawals under this Section 6.1 shall be subject to such further conditions and limitations as the Administrator may establish from time to time and apply on a uniform basis. (vii) Any shares of Company Stock that are withdrawn shall be considered as having been withdrawn at the average cost, as of the date of the withdrawal, of the shares of Company Stock reflected in the Account from which they were withdrawn. (h) Withdrawal Priority . Withdrawals under this Section 6.1 may be in a different order of priority and subject to such further conditions and limitations as the Administrator may establish from time to time and apply on a uniform basis. 6.2. Inservice Withdrawals of Certain Rollover Contributions . (a) A Participant who is a MediSense Employee (as defined in Section 15.34(e)) and for whom the Plan maintains a MediSense Rollover Contribution Account (as defined below) may withdraw funds from his or her MediSense Rollover Contribution Account provided, however, that the Participant may request only two such withdrawals in any Plan Year and that each withdrawal be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220MediSense Rollover Contribution Account8221 shall mean a rollover contribution account that was previously maintained for the Participant under the MediSense 401(k) plan and that was established under the Plan in connection with the transfer of the plan assets of the MediSense 401(k) plan to the Plan. (b) A Participant who is a Perclose Employee (as defined in Section 15.34(g)) and for whom the Plan maintains a Perclose Rollover Contribution Account (as defined below) may withdraw funds from his or her Perclose Rollover Contribution Account provided, however, that each withdrawal shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220Perclose Rollover Contribution Account8221 shall mean a rollover contribution account that was previously maintained for the Participant under the Perclose 401(k) Retirement Plan and that was established under the Plan in connection with the transfer of the plan assets of the Perclose 401(k) Retirement Plan to the Plan. (c) A Participant who is a Vysis Employee (as defined in Section 15.34(i)) and for whom the Plan maintains an Amoco Rollover Contribution Account (as defined below) may withdraw funds from his or her Amoco Rollover Contribution Account provided, however, that each withdrawal shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220Amoco Rollover Contribution Account8221 shall mean a rollover contribution account that was previously maintained for the Participant under the Vysis, Inc. Savings and Investment Plan consisting of any company contributions, any after-tax contributions and any rollover contributions made by or on behalf of such Vysis Employee under the Amoco Employee Savings Plan (the 8220Amoco Plan8221) and that was established under the Plan in connection with the transfer of the plan assets of the Vysis, Inc. Savings and Investment Plan to the Plan. (d) A Participant who is a Murex Employee (as defined below) and for whom the Plan maintains a Murex Rollover Contribution Account (as defined below) may withdraw funds from his or her Murex Rollover Contribution Account provided, however, that each withdrawal shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220Murex Rollover Contribution Account8221 shall mean a rollover contribution account that was previously maintained for the Participant under the Murex Diagnostics, Inc. 401(k) Plan and that was established under the Plan in connection with the transfer of the plan assets of the Murex Diagnostics, Inc. 401(k) Plan to the Plan. The term 8220Murex Employee8221 shall mean an employee of Murex Diagnostics, Inc. a Delaware corporation and an Affiliated Corporation. (e) A Participant who is an Integrated Vascular Systems Employee (as defined in Section 15.34(1)) and for whom the Plan maintains an Integrated Rollover Contribution Account (as defined below) may withdraw funds from his or her Integrated Rollover Contribution Account provided, however, that each withdrawal shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220Integrated Rollover Contribution Account8221 shall mean a rollover contribution account that was previously maintained for the Participant under the Integrated Vascular Systems, Inc. 401(k) Plan and that was established under the Plan in connection with the transfer of the plan assets of the Integrated Vascular Systems, Inc. 401(k) Plan to the Plan. (f) A Participant who is a Spinal Concepts Employee (as defined in Section 15.34(j)) and for whom the Plan maintains a Spinal Concepts Rollover Contribution Account (as defined below) may withdraw funds from his or her Spinal Concepts Rollover Contribution Account provided, however, that each withdrawal shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220Spinal Concepts Rollover Contribution Account8221 shall mean a rollover contribution account that was previously maintained for the Participant under the Spinal Concepts 401(k) Plan and that was established under the Plan in connection with the transfer of the plan assets of the Spinal Concepts 401(k) Plan to the Plan. (g) A Participant who is a TheraSense Employee (as defined in Section 15.34(m)) and for whom the Plan maintains a TheraSense Rollover Contribution Account (as defined below) may withdraw funds from his or her TheraSense Rollover Contribution Account provided, however, that each withdrawal shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220TheraSense Rollover Contribution Account8221 shall mean a rollover contribution account that was previously maintained for the Participant under the TheraSense, Inc. 401(k) Plan and that was established under the Plan in connection with the transfer of the plan assets of the TheraSense, Inc. 401(k) Plan to the Plan. (h) A Participant who is an i-STAT Employee (as defined in Section 15.34(n)) and for whom the Plan maintains an i-STAT Rollover Contribution Account (as defined below) may withdraw funds from his or her i-STAT Rollover Contribution Account provided, however, that each withdrawal shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8216i-STAT Rollover Contribution Account8217 shall mean a rollover contribution account that was previously maintained for the Participant under the i-STAT Corporation 401(k) Savings Plan and that was established under the Plan in connection with the transfer of the plan assets of the i-STAT Corporation 401(k) Savings Plan to the Plan. 6.3. Withdrawals at Age 59 189 from a MediSense Transfer Contribution Account, Perclose Transfer Contribution Account, Murex Transfer Contribution Account, Vysis Transfer Contribution Account, Integrated Transfer Contribution Account, Spinal Transfer Contribution Account, TheraSense Transfer Contribution Account or i-STAT Transfer Contribution Account . (a) Upon having reached age 59 12, a Participant who is a MediSense Employee (as defined in Section 15.34(e)) and for whom the Plan maintains a MediSense Transfer Contribution Account (as defined below) may withdraw funds from his or her MediSense Transfer Contribution Account. Each withdrawal described in this section shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220MediSense Transfer Contribution Account8221 shall mean a Transfer Contribution Account maintained for the Participant under the Plan in connection with the transfer of the plan assets of the MediSense 401(k) plan to the Plan. The term 8220MediSense Account8221 shall mean both a MediSense Transfer Contribution Account and a MediSense Rollover Contribution Account. (b) Upon having reached age 59 12, a Participant who is a Perclose Employee (as defined in Section 15.34(g)) and for whom the Plan maintains a Perclose Transfer Contribution Account (as defined below) may withdraw funds from his or her Perclose Transfer Contribution Account. Each withdrawal described in this section shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220Perclose Transfer Contribution Account8221 shall mean a Transfer Contribution Account maintained for the Participant under the Plan in connection with the transfer of the plan assets of the Perclose 401(k) Retirement Plan to the Plan. The term 8220Perclose Account8221 shall mean both a Perclose Transfer Contribution Account and a Perclose Rollover Contribution Account. (c) Upon having reached age 59 12, a Participant who is a Murex Employee (as defined in Section 6.2(d)) and for whom the Plan maintains a Murex Transfer Contribution Account (as defined below) may withdraw funds from his or her Murex Transfer Contribution Account. Each withdrawal described in this section shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220Murex Transfer Contribution Account8221 shall mean a Transfer Contribution Account maintained for the Participant under the Plan in connection with the transfer of the plan assets of the Murex Diagnostics, Inc. 401(k) Plan to the Plan. (d) Upon having reached age 59 189, a Participant who is a Vysis Employee (as defined in Section 15.34(i)) and for whom the Plan maintains a Vysis Transfer Contribution Account (as defined below) may withdraw funds from his or her Vysis Transfer Contribution Account. Each withdrawal described in this section shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220Vysis Transfer Contribution Account8221 shall mean a Transfer Contribution Account maintained for the Participant under the Plan in connection with the transfer of the plan assets of the Vysis, Inc. Savings and Investment Plan to the Plan. (e) Upon having reached age 59 189, a Participant who is an Integrated Vascular Systems Employee (as defined in Section 15.34(1)) and for whom the Plan maintains an Integrated Transfer Contribution Account (as defined below) may withdraw funds from his or her Integrated Transfer Contribution Account. Each withdrawal described in this section shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220Integrated Transfer Contribution Account8221 shall mean a Transfer contribution Account maintained for the Participant under the Plan in connection with the transfer of the plan assets of the Integrated Vascular Systems, Inc. 401(k) Plan to the Plan. (f) Upon having reached age 59 189, a Participant who is a Spinal Concepts Employee (as defined in Section 15.34(j)) and for whom the Plan maintains a Spinal Concepts Transfer Contribution Account (as defined below) may withdraw funds from his or her Spinal Transfer Contribution Account. Each withdrawal described in this section shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220Spinal Concepts Transfer Contribution Account8221 shall mean a Transfer Contribution Account maintained for the Participant under the Plan in connection with the transfer of the plan assets of the Spinal Concepts 401(k) Plan to the Plan. (g) Upon having reached age 59 189, a participant who is a TheraSense Employee (as defined in Section 15.34(m)) and for whom the Plan maintains a TheraSense Transfer Contribution Account (as defined below) may withdraw funds from his or her TheraSense Transfer Contribution Account. Each withdrawal described in this section shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220TheraSense Transfer Contribution Account8221 shall mean a Transfer Contribution Account maintained for the Participant under the Plan in connection with the transfer of the plan assets of the TheraSense, Inc. 401(k) Plan to the Plan. (h) Upon having reached age 59 189, a Participant who is an i-STAT Employee (as defined in Section 15.34(n)) and for whom the Plan maintains an i-STAT Transfer Contribution Account (as defined below) may withdraw funds from his or her i-STAT Transfer Contribution Account. Each withdrawal described in this section shall be made in accordance with such administrative rules and practices as may be adopted by the Administrator. The term 8220i-STAT Transfer Contribution Account8221 shall mean a Transfer contribution Account maintained for the participant under the Plan in connection with the transfer of the plan assets of the i-STAT Corporation 401(k) Savings Plan to the Plan. 6.4. Required Distributions After Age 70 189 . Except as provided in the next sentence, a Participant who remains an Employee on or after his or her 8220required beginning date8221 (within the meaning of Code section 401(a)(9)) while an Employee shall receive a distribution of the full value of his or her Accounts as of the date any distribution under Code section 401(a)(9) would be required. Any Participant (other than a 5 owner of the Corporation, an Affiliated Corporation, or a Subsidiary in the year such owner attains age 66 and any subsequent year) who attained age 70 189 before January 1, 1999 may defer receipt of the distributions under this Section 6.4 until the April 1 following the calendar year in which he or she retires or attains age 70 189, whichever is later. Each distribution described in this Section 6.4 shall be made at the latest possible date determined under Code section 401(a)(9) and Regulations thereunder and in accordance with such administrative rules and practices as may be adopted by the Administrator. 6.5. Distributions Required by a Qualified Domestic Relations Order . To the extent required by a Qualified Domestic Relations Order, the Administrator shall make distributions from a Participant8217s Accounts to Alternate Payees named in such order in a manner consistent with the distribution options otherwise available under this Plan, regardless of whether the Participant is otherwise entitled to a distribution at such time under the Plan. 6.6. Participant8217s Consent to Distribution of Benefits and Direct Rollover Notice . If a Participant receives a withdrawal under Section 6.1, 6.2, 6.3, or 6.4 or an Alternative Payee receives a distribution under Section 6.5, no distribution may be made unless: (a) between the 30th and 90th day prior to the date distribution is to be made or commence, the Administrator notifies the Participant or the Alternate Payee (whichever is applicable) in writing that he or she may defer distribution until the April 1 after the Plan Year in which he or she attains age 70 189 and provides the Participant or the Alternate Payee (whichever is applicable) with a written description of the material features and (if applicable) the relative values of the forms of distribution available under the Plan including the right to make a direct rollover under Section 8.3(d) and (b) the Participant consents to the distribution in writing after the information described above has been provided to him or her, and files such consent with the Administrator. Distribution to the Participant will be made or commence as soon as practicable after such consent is received by the Administrator. The Participant may waive the 30-day notice period described in (a) above. ARTICLE 7. LOANS TO PARTICIPANTS 7.1. In General . Upon the request of an Eligible Borrower on a form approved or procedure prescribed by the Administrator and subject to the conditions of this Article, the Administrator shall direct the Trustee to make a loan from the Trust to the Eligible Borrower. For purposes of this Article, an 8220Eligible Borrower8221 is: (a) a Participant who is an Eligible Employee or (b) a Participant who is a former Employee and is a 8220party in interest8221 within the meaning of ERISA section 3(14) or (c) a deceased Participant8217s Beneficiary who has not yet received the entire vested portion of the Participant8217s Accounts and who is a 8220party in interest8221 as described in (b) above. 7.2. Rules and Procedures . The Administrator shall promulgate such rules and procedures, not inconsistent with the express provisions of this Article, as he or she deems necessary to carry out the purposes of this Article. All such rules and procedures shall be deemed a part of the Plan for purposes of the Department of Labor8217s Regulations Section 2550.408b-1(d). 7.3. Maximum Amount of Loan . The following limitations shall apply in determining the amount of any loan to an Eligible Borrower hereunder: (a) The amount of the loan, together with any other outstanding indebtedness under this Plan or any other qualified retirement Plan of the Corporation, any Affiliated Corporation or any Subsidiary, shall not exceed 50,000 reduced by the excess of (i) the highest aggregate outstanding loan balance of the Eligible Borrower from such Plans during the one-year period ending on the day prior to the date on which the loans are made, over (ii) the Eligible Borrower8217s outstanding loan balance from such Plans immediately prior to the loan. (b) The amount of the loan shall not exceed 50 percent of the Eligible Borrower8217s Accounts, determined as of the date of the loan. (c) No loan may exceed the aggregate value of the Participant8217s Basic Pre-Tax Contribution Account, Supplemental Pre-Tax Contribution Account, Employer Contribution Account, Rollover Contribution Account and Transfer Contribution Account (excluding any amount contributed by the Participant on an after-tax basis). 7.4. Minimum Amount of Loan Number of Loans Frequency of Loans Fees for Loans . The minimum amount of any single loan under the Plan shall be 1,000. A Participant may have only two loans outstanding at any time under the Plan or under any other plan referred to in Section 3.5. The Administrator may charge a loan fee and such fee may be charged to the Participant8217s Accounts or taken from the loan proceeds. 7.5. Note Security Interest . Each loan shall be evidenced by a note signed by the Eligible Borrower, a Participant Credit Agreement, or other legally enforceable evidence of indebtedness (8220Note8221). The Note shall be an asset of the Trust which shall be allocated to the Accounts of the Eligible Borrower, and shall for purposes of the Plan be deemed to have a value at any given time equal to the unpaid principal balance of the Note plus the amount of any accrued but unpaid interest. The Note shall be secured by that portion of the Accounts represented by the Note (not to exceed 50 of the Eligible Borrower8217s vested interest in his or her Accounts determined as of the date of the loan). The loan shall bear interest at an annual percentage interest rate to be determined by the Administrator. In determining the interest rate, the Administrator shall take into consideration interest rates currently being charged by persons in the business of lending money with respect to loans made in similar circumstances. 7.6. Repayment . Each loan made to an Eligible Borrower who is receiving regular payments of Compensation from the Corporation shall be repayable by payroll deduction. Loans made to other Eligible Borrowers (and, in all events, where payroll deduction is no longer practicable) shall be repayable in such manner as the Administrator may from time to time determine. In each case payments shall be made not less frequently than quarterly, over a specified term (as determined by the Administrator) not to extend beyond the earlier of five years from the date of the loan or the Participant8217s anticipated retirement date, with substantially level amortization (as that term is used in Code section 72(p)(2)(C)). Where the loan is being applied toward the purchase of a principal residence for the Eligible Borrower, the term for repayment shall not extend beyond the earlier of 15 years from the date of the loan or the Participant8217s anticipated retirement date. An Eligible Borrower may prepay the full balance of an outstanding loan at any time by delivering to the Trustee a certified check in the amount of such remaining balance and any accrued but unpaid interest. An Eligible Borrower may also refinance an outstanding loan, provided the limits under Section 7.3 allow the Borrower to borrow an amount equal to, or greater than the balance due on the outstanding loan. Loan repayments will be suspended under the Plan as permitted under Code section 414(u)(4). 7.7. Repayment upon Distribution . If, at the time benefits are to be distributed (or to commence being distributed) to an Eligible Borrower with respect to a separation from service, there remains any unpaid balance of a loan hereunder, such unpaid balance shall, to the extent consistent with Department of Labor regulations, become immediately due and payable in full. Such unpaid balance, together with any accrued but unpaid interest on the loan, shall be deducted from the Eligible Borrower8217s Accounts, subject to the default provisions below, before any distribution of benefits is made. Except as is provided in Section 7.1 or as may be required in order to comply (in a manner consistent with continued qualification of the Plan under Code section 401(a)) with Department of Labor regulations, no loan shall be made to an Eligible Borrower under this Article after the Eligible Borrower incurs a separation from service whether or not he or she has begun to receive distribution of his or her Accounts. 7.8. Default . In the event of a default in making any payment of principal or interest when due under the Note evidencing any loan under this Article, if such default continues for more than 90 days after written notice of the default by the Trustee, the unpaid principal balance of the Note shall immediately become due and payable in full. Such unpaid principal, together with any accrued but unpaid interest, shall thereupon be deducted from the Eligible Borrower8217s Accounts, subject to the further provisions of this Section. The amount so deducted shall be treated as distributed to the Eligible Borrower and applied by the Eligible Borrower as a payment of the unpaid interest and principal (in that order) under the Note evidencing such loan. In no event shall the Administrator apply the Eligible Borrower8217s Accounts to satisfy the Eligible Borrower8217s repayment obligation, whether or not he or she is in default, unless the amount so applied otherwise could be distributed in accordance with the Plan. Default distributions under this Section 7.8 shall be subject to such further conditions and limitations as the Administrator may establish from time to time and apply on a uniform basis. 7.9. Nondiscrimination . Loans shall be made available under this Article to all Eligible Borrowers on a reasonably equivalent basis. 7.10. Source of Loan Proceeds . The proceeds for a loan shall be drawn from the Eligible Borrower8217s Accounts in accordance with rules established by the Administrator. 7.11. Reinvestment of Loan Repayments . Loan repayments shall be made to the Eligible Borrower8217s Accounts from which the proceeds were drawn under Section 7.10 in proportion that the loan was taken from each such Account at the origination of the loan. Within each such Account, the proceeds will be invested in accordance with the investment instructions or restrictions applicable at the time of each loan repayment. If the Eligible Borrower is not currently making contributions to any such Account at the time of loan repayment, the proceeds will be invested within such Account in accordance with any previous instructions on file with the Trustee for the investment of contributions in such Account, and if there are no such instructions on file, the proceeds will be invested in the default Investment Fund(s) then in effect under Section 5.6. The Participant may change his or her investment instructions in accordance with Section 5.5 for purposes of reinvesting the loan repayments even if he or she is not then making contributions to the Plan. ARTICLE 8. BENEFITS UPON RETIREMENT, DEATH OR SEPARATION FROM SERVICE 8.1. Pensionering. Following a Participant8217s retirement from the Corporation, all Affiliated Corporations and all Subsidiaries on or after attaining age 65 years (8220normal retirement age8221), the Participant will receive the entire value of his or her Accounts in a single sum payment unless he or she elects an annuity under Section 8.3(b) or a direct rollover under Section 8.3(d). To the extent that the Participant8217s Accounts hold Company Stock, he or she may receive the distribution in whole shares of Company Stock and cash for any fractional share. 8.1A. Separation from Service for Reasons Other Than Death or Retirement . Following a Participant8217s separation from service with the Corporation, all affiliated Corporations and all Subsidiaries for any reason other than death or retirement at or after Normal Retirement Age, the Participant will receive the value of his or her vested Accounts (determined as provided below) in a single sum payment unless he or she elects an annuity under Section 8.3(b) or a direct rollover under Section 8.3(d). To the extent that the participant8217s Accounts hold Company Stock, he or she may receive the distribution in whole shares of Company Stock and cash for any fractional share. A Participant will always be 100 vested in his or her Basic Pre-Tax Contribution Account, Basic After-Tax Contribution Account, Supplemental Pre-Tax Contribution Account, Supplemental After-Tax Contribution Account, Rollover Contribution Account (if applicable) and Transfer Contribution Account (if applicable). The vested percentage of a Participant8217s Employer Contribution Account will be computed in accordance with the following schedule:
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