This excerpt taken from the PBI 10-K filed Mar 13, 2006.
Contents of Participation Agreement. Each Participation Agreement shall set forth:
(i) the Deferred Amount, expressed as either a dollar amount or a percentage of the total Eligible Compensation for such Plan Year or performance period; provided, that the minimum Deferred Amount for any Plan Year or performance period shall not be less than $2,000;
(ii) the In-Service Distribution Date(s) and/or Deferral Period for portions, or all, of the Deferred Amount, which is not to be less than three years,
(iv) investment selections made by the Participant in hypothetical investment funds under the Plan; and