These excerpts taken from the HBI 8-K filed Sep 5, 2006.
2.25 Plan Year
Plan Year means the 12-month period beginning each January 1 and ending the next following December 31.
2.53 Plan Year
The first Plan Year is a short plan year beginning as of July 24, 2006 and ending December 31,2006. Thereafter, the Plan Year shall be the twelve (12) month period beginning each January 1 and ending on the next following December 31 as defined in Subsection 1.02.
On July 24, 2006, our newly formed 401(k) Plan, the Hanesbrands Inc. Retirement Savings Plan, assumed all liabilities from the Sara Lee 401(k) Plan related to our current and former employees, and Sara Lee caused the accounts of our employees to be transferred to the Hanesbrands Inc. Retirement Savings Plan and its related trust. We will take all actions necessary to ensure that all amounts transferred to the Hanesbrands Inc. Retirement Savings Plan continue to vest after the spin off. Following the spin off, we will have no obligations with respect to the Sara Lee 401(k) Plan other than payment of the liabilities assumed.