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AKS » Topics » ARTICLE VII-CREDITING OF EARNINGS

This excerpt taken from the AKS 10-Q filed Nov 6, 2007.

ARTICLE VII—CREDITING OF EARNINGS

7.1 General. There shall be credited to each Participant’s Supplemental Thrift Account earnings (or losses) as if such Supplemental Thrift Account was actually invested in the Fixed Income Fund. The rates of return throughout each Plan Year for the Fixed Income Fund shall be the same as the actual rates of return for said fund as under the Thrift Plan. For each Plan Year, each Participant’s Supplemental Thrift Account shall be increased or decreased as if it had earned such rates of return. Such increase or decrease shall be based on the varying balances of the Supplemental Thrift Accounts throughout the Plan Year and shall be credited to said accounts on the same periodic basis as investment earnings (losses) are credited to Participants’ accounts under the Thrift Plan.

7.2 Trust Investments. Nothing contained herein shall require the Company to invest assets of the Trust in any particular manner, or be deemed to permit any Participant to direct the manner in which the assets of the Trust are invested. Such investments are governed by the terms of the Trust.

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