Page 32 - AprDefComp
P. 32

Increases maximum loan amount

















                                                                                         • Increases maximum loan amount


                                                                                         • The lesser of:


                                                                                                 • 100% of the participant's vested balance or


                                                                                                 • $100,000 reduced by the participant's highest

                                                                                                     outstanding balance in the last 12 months










                                                                                         Optional provision - can be elected by plan sponsor













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