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This excerpt taken from the BBBY 8-K filed Jan 5, 2006. 6.4 Substantially Equal Annual Installments.The amount of the substantially equal payments shall be determined by multiplying the Participants Account by a fraction, the denominator of which in the first year of payment equals the number of years over which benefits are to be paid, and the numerator of which is one (1). The amounts of the payments for each succeeding year shall be determined by multiplying the Participants Account as of the applicable anniversary of the payout by a fraction, the denominator of which equals the number of remaining years over which benefits are to be paid, and the numerator of which is one (1). Installment payments made pursuant to this Section 6.4 shall be made on the applicable anniversaries of the date as of which the Participant elected to commence distributions in installments in his or her Deferral Election.
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