ARTICLE IV
FORFEITURES AND VESTING

Section 1: Forfeitures. Each Valuation Date, Contributions paid into a Covered Employee's Individual Account for the calendar quarter ending two (2) years before the Valuation Date will be forfeited unless the Covered Employee meets the requirements for vesting under Article IV, Section 3, below. Any amounts so forfeited will be used to reduce Plan expenses for the current quarter. However, a Covered Employee who works one full or partial Covered Hour on or after July 1, 2002 shall not incur a forfeiture of his or her Individual Account.