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NASH-FINCH COMPANY
PROFIT SHARING PLAN
1994 REVISION
Seventh Declaration of Amendment
Pursuant to the retained power of amendment contained in Section 11.2 of the instrument entitled "Nash-Finch Company Profit Sharing Plan1994 Revision," the undersigned hereby amends the said instrument in the manner described below.
(2) the last day of the three-month period that begins on the day on which he or she first completes an Hour of Service of the type specified at Section 10.3(A)(1) for the purpose of having Pre-Tax Contributions made on his or her behalf pursuant to Section 3.1; and
(B) If an Employee is not a Qualified Employee on the date on which he or she would otherwise be eligible to participate in the Plan for the purpose specified in Subsection (A)(2), he or she will become eligible to participate in the Plan for that purpose as of the first following date on which he or she completes an Hour of Service of the type specified at Section 10.3(A)(1) as a Qualified Employee. If an Employee is not a Qualified Employee on the date on which he or she would otherwise be eligible to participate in the Plan for the purpose specified in Subsection (A)(3), he or she will become eligible to participate for that purpose as of the first day of the calendar quarter that falls on or next follows the date on which he or she becomes a Qualified Employee if he or she remains a Qualified Employee on the date on which he or she would otherwise be eligible to participate.
2.2 Termination Prior to Entry Date. If an Employee who terminates employment before the date on which he or she would otherwise be eligible to participate in the Plan for a specified purpose again becomes an Employee after that date:
(2) In conjunction with a Participant's entering or reentering the Plan pursuant to Article II, reduction of the Participant's Eligible Earnings will begin as soon as administratively practicable after the Administrator receives the Participant's complete and accurate election in form prescribed by Plan Rules.
5.2 Contribution Investment Directions. (A) In conjunction with his or her enrollment in the Plan, a Participant must direct the manner in which contributions to his or her Accounts will be invested among the investment funds maintained pursuant to Section 5.1. Investment directions must be made in five percent increments and may be made separately with respect to the Participant's Pre-Tax Contribution Account and with respect to the aggregate of his or her Profit Sharing Contribution and Rollover Accounts. Such a direction must be made in accordance with and is subject to Plan Rules. To the extent a Participant fails to direct Account investments, the Accounts will be invested in the manner specified in Plan Rules.
(B) A Participant may direct a change in the manner in which future contributions credited to his or her Accounts will be invested among the investment funds maintained pursuant to Section 5.1. Investment directions must be made in five percent increments and may be made separately with respect to the Participant's Pre-Tax Contribution Account and with respect to the aggregate of his or her Profit Sharing Contribution and Rollover Accounts. Such a direction must be made in accordance with and is subject to Plan Rules and will be effective as soon as administratively practicable after the Trustee receives the direction from the Participant in accordance with Plan Rules.
(C) Plan Rules will include procedures pursuant to which Participants are provided with the opportunity to obtain written confirmation of investment directions made pursuant to this section.
5.3 Transfer Among Investment Funds. (A) A Participant may direct the transfer of his or her Accounts among the investment funds maintained pursuant to Section 5.1. Investment directions must be made in five percent increments and may be made separately with respect to the Participant's Pre-Tax Contribution Account and with respect to the aggregate of his or her Profit Sharing Contribution and Rollover Accounts. Such a direction must be made in accordance with and is subject to Plan Rules and will be effective on or as soon as administratively practicable after the Trustee receives the direction from the Participant in accordance with Plan Rules.
(B) Plan Rules will include procedures pursuant to which Participants are provided with the opportunity to obtain written confirmation of investment directions made pursuant to this section.
(C) Plan Rules may impose uniform limitations and restrictions applicable to transfers into and out of specific funds.
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The amendments set forth at items 1 through 6 above are effective as of January 1, 2000. The amendment set forth at item 7 above is effective as of December 31, 1999. The amendment set forth at item 6 above applies to all Participants, including those who terminated employment before January 1, 2000.
IN WITNESS WHEREOF, the undersigned has caused this instrument to be executed by its duly authorized officers this 24th day of October, 2000.
NASH FINCH COMPANY | ||||
Attest: |
/s/ NORMAN R. SOLAND Secretary |
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By: |
/s/ RON MARSHALL President |
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NASH-FINCH COMPANY
PROFIT SHARING PLAN
Special Provisions Applicable to the Adoption of
the Plan by Erickson's Diversified Corporation
This Exhibit D sets forth special provisions of the Plan applicable to the adoption of the Plan by Erickson's Diversified Corporation ("Erickson's") effective as of December 31, 1999.
(B) Notwithstanding Sections 2.1(A) and 2.3(A) of the Plan, if a Qualified Employee of Erickson's transfers employment to the Company after the date on which Erickson's became an Affiliated Organization and before January 1, 2000, then
(1) if the Qualified Employee was a participant in the Erickson's Diversified Corporation 401(k) Plan immediately before the transfer, he or she will be eligible to participate in the Plan for the purpose specified in Section 2.1(A)(2) of the Plan as of the date on which he or she first performs an Hour of Service of the type specified at Section 10.3(A)(1) as a Qualified Employee of the Company, and
(2) if the Qualified Employee was a participant in the Erickson's Diversified Corporation Profit Sharing Plan immediately before the transfer, he or she will be eligible to participate in the Plan for the purpose specified at Section 2.1(A)(3) of the Plan as of the date on which he or she first performs an Hour of Service of the type specified at Section 10.3(A)(1) as a Qualified Employee of the Company.
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