WAG » Topics » Profit-Sharing Plan Matching Contributions.

These excerpts taken from the WAG 10-K filed Oct 30, 2008.
Profit-Sharing Plan Matching Contributions.  The Company shall pay the amounts, if any, which would be contributed by the Company on the Participant’s behalf under the Profit-Sharing Plan for the plan year of the Profit-Sharing Plan, or portion thereof, which coincides with the Plan Year hereunder (as adjusted by Section 4.4) but which are not so contributed solely because of the annual compensation limit of Section 401(a)(17) of the Internal Revenue Code of 1986, as amended.  In addition, the Company shall pay such additional amounts as determined each year by resolution of the Company’s Board of Directors (or its delegate) to each Participant who (i) was employed by the Company and a participant in the Profit-Sharing Plan as of December 31, 2007, (ii) had actual Profit-Sharing earnings for 2007 in excess of $94,500, and (iii) otherwise qualifies for such payment based the criteria set forth in such resolution.

3.
The introductory paragraph to Section 4.2(b) of the Plan is amended in its entirety to read as follows:

Profit-Sharing Plan Matching
Contributions.  
The Company shall pay the amounts, if any,
which would be contributed by the Company on the Participant’s behalf under the
Profit-Sharing Plan for the plan year of the Profit-Sharing Plan, or portion
thereof, which coincides with the Plan Year hereunder (as adjusted by
Section 4.4) but which are not so contributed solely because of the annual
compensation limit of Section 401(a)(17) of the Internal Revenue Code of 1986,
as amended.  In addition, the Company shall pay such additional
amounts as determined each year by resolution of the Company’s Board of
Directors (or its delegate) to each Participant who (i) was employed by the
Company and a participant in the Profit-Sharing Plan as of December 31, 2007,
(ii) had actual Profit-Sharing earnings for 2007 in excess of $94,500, and (iii)
otherwise qualifies for such payment based the criteria set forth in such
resolution.










3.


The
introductory paragraph to Section 4.2(b) of the Plan is amended in its
entirety to read as follows:





EXCERPTS ON THIS PAGE:

10-K (2 sections)
Oct 30, 2008
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