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i <br />GN - 150079 Specimen 457(b) Plan Document <br />GPLANLVL – CORRSPND Deferred Compensation Plan <br /> Ver 102011 <br />TABLE OF CONTENTS <br />PREAMBLE .......................................................................................................................... 1 <br />SECTION I DEFINITIONS .................................................................................................. 2 <br />1.1 Plan Definitions .................................................................................................... 2 <br />SECTION II PARTICIPATION AND CONTRIBUTIONS ................................................. 6 <br />2.1 Eligibility .............................................................................................................. 6 <br />2.2 Election ................................................................................................................. 6 <br />2.3 Commencement of Participation .......................................................................... 7 <br />2.4 Amendment of Annual Deferral Election, Investment Direction, or <br />Beneficiary Designation ........................................................................................ 7 <br />2.5 Information Provided by the Participant ............................................................. 7 <br />2.6 Contributions Made Promptly ............................................................................. 7 <br />2.7 Employer Contributions ....................................................................................... 7 <br />2.8 Leave of Absence .................................................................................................. 8 <br />2.9 Disability .............................................................................................................. 8 <br />2.10 Protection of Persons Who Serve in a Uniformed Service .................................... 8 <br />2.11 Corrective Measures.............................................................................................. 8 <br />SECTION III LIMITATIONS ON AMOUNTS DEFERRED .............................................. 9 <br />3.1 Basic Annual Limitation....................................................................................... 9 <br />3.2 Age 50 Catch-up Annual Deferral Contributions ................................................ 9 <br />3.3 Special Section 457 Catch-up Limitation.............................................................. 9 <br />3.4 Special Rules ....................................................................................................... 10 <br />3.5 Correction of Excess Deferrals ........................................................................... 11 <br />SECTION IV INVESTMENT RESPONSIBILITIES ......................................................... 12 <br />4.1 Investment of Deferred Amount ......................................................................... 12 <br />4.2 Investment Election for Future Contributions ................................................... 12 <br />4.3 Investment Changes for an Existing Account Balance ....................................... 12 <br />4.4 Investment Responsibility................................................................................... 12 <br />4.5 Default Investment Fund .................................................................................... 12 <br />4.6 Statements .......................................................................................................... 13 <br />SECTION V LOANS........................................................................................................... 14 <br />5.1 No Loans ............................................................................................................. 14 <br />SECTION VI DISTRIBUTIONS ........................................................................................ 15 <br />6.1 Distributions from the Plan ................................................................................ 15 <br />6.2 Benefit Distributions Upon Severance from Employment ................................. 15 <br />6.3 Distributions on Account of Participant's Death ................................................ 16 <br />6.4 Distribution of Small Account Balances Without Participant's Consent ........... 16 <br />6.5 Forms of Distribution ......................................................................................... 17 <br />6.6 Minimum Distribution Requirements ................................................................ 17 <br />452