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Newberry Group Incorporated Employee Stock Ownership Plan

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Newberry Group Incorporated Employee Stock Ownership Plan NEWBERRY GROUP INCORPORATED EMPLOYEE STOCK OWNERSHIP PLAN WHEREAS, The Newberry Group Inc. (“Company”) previously adopted The Newberry Group Incorporated Employee Stock Ownership Plan (“Plan”); and WHEREAS, the Company reserved the right to amend the Plan pursuant to Section 10.1 thereof; and WHEREAS, the Company desires, except as otherwise provided, to completely amend and restate the Plan in its entirety effective January 1, 2013; NOW, THEREFORE, effective January 1, 2013, except as otherwise provided, the Plan is restated to read as follows: TABLE OF CONTENTS ARTICLE 1 .................................................................................................................................................................... 2 DEFINITIONS ................................................................................................................................................................ 2 1.1 ACQUISITION LOAN .................................................................................................................................... 2 1.2 ADMINISTRATOR ........................................................................................................................................ 2 1.3 ADOPTING EMPLOYER .............................................................................................................................. 2 1.4 AFFILIATED EMPLOYER ............................................................................................................................. 3 1.5 AGE .............................................................................................................................................................. 3 1.6 ANNIVERSARY DATE .................................................................................................................................. 3 1.7 ANNUITY STARTING DATE ......................................................................................................................... 3 1.8 BENEFICIARY .............................................................................................................................................. 3 1.9 BREAK IN SERVICE .................................................................................................................................... 4 1.10 CODE ........................................................................................................................................................... 4 1.11 CODE §3401 COMPENSATION ................................................................................................................... 4 1.12 CODE §415 COMPENSATION ..................................................................................................................... 4 1.13 COMPANY .................................................................................................................................................... 5 1.14 COMPANY STOCK ...................................................................................................................................... 5 1.15 COMPENSATION ......................................................................................................................................... 5 1.16 DEEMED OWNED SHARES ........................................................................................................................ 7 1.17 DESIGNATED BENEFICIARY ...................................................................................................................... 7 1.18 DISABILITY ................................................................................................................................................... 7 1.19 DISQUALIFIED PERSON ............................................................................................................................. 7 1.20 DISTRIBUTION CALENDAR YEAR. ............................................................................................................ 7 1.21 EARLY RETIREMENT AGE ......................................................................................................................... 8 1.22 EARNED INCOME ........................................................................................................................................ 8 1.23 ELIGIBLE PARTICIPANT ............................................................................................................................. 8 1.24 EMPLOYEE .................................................................................................................................................. 8 1.25 EMPLOYER .................................................................................................................................................. 9 1.26 ESOP ACCOUNT ......................................................................................................................................... 9 1.27 ESOP CASH ACCOUNT .............................................................................................................................. 9 1.28 ESOP CONTRIBUTIONS ............................................................................................................................. 9 1.29 ESOP DIVERSIFICATION ACCOUNT ......................................................................................................... 9 1.30 ESOP STOCK ACCOUNT ............................................................................................................................ 9 1.31 ERISA ........................................................................................................................................................... 9 1.32 FIDUCIARY ................................................................................................................................................... 9 1.33 FINANCED SHARES .................................................................................................................................. 10 1.34 FISCAL YEAR ............................................................................................................................................. 10 1.35 FORFEITURE ............................................................................................................................................. 10 1.36 FORM W-2 COMPENSATION .................................................................................................................... 10 1.37 HCE ............................................................................................................................................................ 10 1.38 HIGHLY COMPENSATED EMPLOYEE ..................................................................................................... 10 1.39 HOUR OF SERVICE ................................................................................................................................... 11 1.40 KEY EMPLOYEE ........................................................................................................................................ 12 1.41 LIFE EXPECTANCY ................................................................................................................................... 12 1.42 LEASED EMPLOYEE ................................................................................................................................. 12 1.43 LIMITATION YEAR ..................................................................................................................................... 12 1.44 LOAN SUSPENSE ACCOUNT ................................................................................................................... 12 1.45 MATERNITY OR PATERNITY LEAVE ....................................................................................................... 12 1.46 NHCE .......................................................................................................................................................... 13 1.47 NONALLOCATION YEAR........................................................................................................................... 13 1.48 NON-HIGHLY COMPENSATED EMPLOYEE ............................................................................................ 13 1.49 NON-KEY EMPLOYEE ............................................................................................................................... 13 1.50 NORMAL RETIREMENT AGE .................................................................................................................... 13 1.51 NORMAL RETIREMENT DATE .................................................................................................................. 13 1.52 OWNER-EMPLOYEE ................................................................................................................................. 13 1.53 PARTICIPANT ............................................................................................................................................ 13 1.54 PARTICIPANT’S ACCOUNT ...................................................................................................................... 13 1.55 PERMISSIVE AGGREGATION GROUP .................................................................................................... 14 1.56 PLAN .......................................................................................................................................................... 14 1.57 PLAN YEAR ...............................................................................................................................................
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