AMSEC Employees 401(k) Profit Sharing Plan - Benefits Connect

The specific terms of the Plan are set forth in the Plan document itself, which is the document thatgoverns the rights of Participants under the Plan. However, because it is not feasible to set forth in thePlan document all of the many details and procedures involved in administering the Plan, a committeeappointed by the Board of Directors of the Parent Company (referred to in this Summary PlanDescription as the “Committee” or “Plan Administrator”) has been given the authority to establishprocedures for various Plan administrative functions and to interpret Plan provisions. The day-to-dayadministration of the Plan is carried out by AMSEC’s Director of Human Resources or designee.The examples in this document are for illustration purposes only and in no way guarantee or predictactual circumstances.II. ELIGIBILITY AND PARTICIPATIONW hat I s the P lan’ s E ffective Date?The Plan was originally adopted by American System Engineering Corporation effective July 1, 1981.Additional amendments have been made since that date. This Summary Plan Description explains theamended and restated Plan in effect as of March 31, 2011, which is sponsored by the Parent CompanyAm I E ligible T o Par ticipate?Receipt of this document does not entitle you to automatically participate in the Plan. You are eligibleto participate in the Plan if you are an employee of AMSEC, as soon as you are hired, unless you fallinto one of the categories below:1. You are covered by a collective bargaining agreement that does not provide for coverage underthis Plan.2. You are in a group or classification of employees that was determined to be ineligible toparticipate in the Plan.3. You are a leased employee.4. You are a nonresident alien employee with no earnings from services in the United States.5. You are a consultant or independent contractor who is not treated as an employee on AMSEC’spayroll records during the applicable Plan Year or other relevant computation period,notwithstanding the fact that you are at some subsequent date determined to be an employee forpayroll purposes.W hen Do I B ecome E ligible T o J oin?Your eligibility to participate in the Plan begins as of the date you start working for AMSEC as aneligible employee or, if later, the date you become an eligible employee. (See Article II - “Am IEligible To Participate?”)March 2011 2 AMSEC SPD