ARTICLE VIII
DISTRIBUTION OF INDIVIDUAL ACCOUNTS AT DEATH

Section 3: Form of Payment.

Death prior to Commencement of Distribution.

1. Payments to surviving spouse.
   
   If the Participant's Beneficiary is his spouse, and the spouse does not elect otherwise, the Participant's Individual Account will be payable as a monthly annuity payable for the spouse's lifetime. The spouse may direct that such payments will commence within a reasonable time following the Participant's death. In no event will payments commence prior to the Participant's Normal Retirement Date (or date the Participant would have attained his Normal Retirement Date) unless the Participant's Individual Account is $5,000.00 or less, or the spouse consents. Payments will commence on such Normal Retirement Date if the spouse has not consented to an earlier distribution.
   
   Instead of the life annuity described above, a spouse may elect to receive a single sum payment of the Participant's Individual Account. Such election must be made in writing, witnessed by a notary public, and made within 90 days preceding distribution.
   
   
2. Non-spouse Beneficiary.
   
   If the Participant's Beneficiary is not his spouse, payment will be made in a single sum, as soon as practicable following the Participant's death.