SIP Summary Plan Description - Vought Aircraft Division

Vought Aircraft Industries, Inc.
Attn: Benefits Dept.
Mail Stop 49L-01
P.O. Box 655907
Dallas, TX 75265-5907
If you appeal, your appeal to the Committee will be reviewed at the next regularly scheduled
quarterly Committee meeting (unless the appeal is received within 30 days preceding the date of
such meeting; in that case, a decision will be made no later than the date of the second meeting
following the Committee‘s receipt of the appeal). If special circumstances require a further
extension of time, a decision shall be made not later than the third meeting following the
Committee‘s receipt of your appeal. (If such an extension of time is required, the Committee
shall provide you with written notice of the extension, describing the special circumstances and
the date as of which the decision will be made, prior to the commencement of the extension.)
The Committee shall notify you of the decision as soon as possible, but not later than five days
after the decision is made.
If the Committee denies your appeal, the letter will tell you the specific reasons for the decision
and the Plan provisions upon which the decision was based, and will note that, upon request, you
will have reasonable access to and copies of all documents, records and other information
relevant to your claim, free of charge, and that you have a right to bring a civil action under
section 502(a) of ERISA before the later of: 90 days after the final disposition of the claim by the
committee; or, one year from the time the claim arose.
The resolution, settlement, or adjudication of a claim may result in a compliance procedure that
is not expressly permitted under some other section of the Plan document. Such a procedure,
agreement or order will be respected to the extent that, as determined in the sole discretion of the
Committee, it does not result in disqualification of the Plan or violate (or cause the Plan to
violate) any applicable statute, government regulation, or ruling.
You may have an authorized representative act on your behalf in making your appeal. The
decision of the Committee on your appeal is made in its discretion and is final and binding on all
parties.
No legal action may be brought in court on a claim for benefits under the Plan following the later
of the one year anniversary of the date the claim arose or the 90 th day following the final
disposition of the claim by the Committee.
Administration
The Administrative Committee appointed by the Company’s Board of Directors has the authority
to administer the Plan. The Committee is responsible for overall operation and administration of
the Plan. The members of the Committee do not receive any payment from the Plan for their
services. The Investment Committee, also appointed by the Board of Directors, has responsibility
for investment matters.
Plan Amendment and Termination
The Company reserves the right to amend the Plan at any time, for any reason. While the
Company fully intends to continue this Plan indefinitely, the Company may, at its discretion,
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