Annual Distribution

All contributions received by the Fund Office on a Participant’s behalf from July 1, of one year through June 30 of the following year will be paid to the Participant on December 1, less any distributions made during the year. Benefits shall not, however, include any contributions received by the Plan later than November 1, of the year in which the benefit is paid.

No Participant is entitled to be paid interest on money held by the Plan for the Participant’s account. Also, the Trustees may reduce the amounts credited to a Participant’s account to pay reasonable expenses of administering the Plan.