PROTOTYPE DEFINED CONTRIBUTION PLAN 401(K)

EXHIBIT 10.20


PROTOTYPE DEFINED CONTRIBUTION PLAN


SPONSORED BY


THE RETIREMENT PLAN COMPANY, LLC


BASIC PLAN DOCUMENT


THIS DOCUMENT IS COPYRIGHTED UNDER THE LAWS OF THE UNITED STATES. ITS USE, DUPLICATION OR REPRODUCTION, INCLUDING THE USE OF ELECTRONIC MEANS, IS PROHIBITED BY LAW WITHOUT THE EXPRESS CONSENT OF THE AUTHOR.


TABLE OF CONTENTS


PARAGRAPH PAGE - ----------- ----
ARTICLE I
DEFINITIONS


1.1 Actual Contribution Percentage (ACP) 1
1.2 Actual Deferral Percentage (ADP) 1
1.3 Adoption Agreement 2
1.4 Aggregate Limit 2
1.5 Allocation Date(s) 2
1.6 Annual Additions 2
1.7 Annuity Starting Date 3
1.8 Applicable Calendar Year 3
1.9 Applicable Life Expectancy 3
1.10 Average Annual Compensation 3
1.11 Average Contribution Percentage (ACP) 3
1.12 Average Deferral Percentage (ADP) 4
1.13 Beneficiary 4
1.14 Break In Service 4
1.15 Code 4
1.16 Compensation 5
1.17 Covered Compensation 8
1.18 Custodian 8
1.19 Davis-Bacon Act 8
1.20 Defined Benefit Plan 8
1.21 Defined Benefit (Plan) Fraction 8
1.22 Defined Contribution Dollar Limitation 8
1.23 Defined Contribution Plan 9
1.24 Defined Contribution (Plan) Fraction 9
1.25 Direct Rollover 9
1.26 Disability 9
1.27 Distribution Calendar Year 9
1.28 Early Retirement Age 9
1.29 Early Retirement Date 9
1.30 Earned Income 10
1.31 Effective Date 10
1.32 Election Period 10
1.33 Elapsed Time 10
1.34 Elective Deferrals 10
1.35 Eligible Employee 10
1.36 Eligible Employer 10
1.37 Eligible Participant 11
1.38 Eligible Retirement Plan 11
1.39 Eligible Rollover Distribution 11
1.40 Employee 11
1.41 Employer 12
1.42 Entry Date 12
1.43 ERISA 12


1.44 Excess Aggregate Contributions 12
1.45 Excess Annual Additions 12
1.46 Excess Contribution 13
1.47 Excess Elective Deferrals 13
1.48 Expected Year Of Service 13
1.49 First Distribution Calendar Year 13
1.50 Hardship 13
1.51 Highest Average Compensation 13
1.52 Highly Compensated Employee 13
1.53 Hour Of Service 14
1.54 Integration Level 14
1.55 Key Employee 15
1.56 Leased Employee 15
1.57 Limitation Year 15
1.58 Master Or Prototype Plan 15
1.59 Matching Contribution 15
1.60 Maximum Permissible Amount 15
1.61 Net Profit 16
1.62 Normal Retirement Age 16
1.63 Normal Retirement Date 16
1.64 Owner-Employee 16
1.65 Paired Plans 16
1.66 Participant 16
1.67 Participant's Benefit 16
1.68 Period Of Severance 16
1.69 Permissive Aggregation Group 16
1.70 Plan 16
1.71 Plan Administrator 16
1.72 Plan Sponsor 17
1.73 Plan Year 17
1.74 Present Value 17
1.75 Prior Plan Year 17
1.76 Prior Safe Harbor Plan 17
1.77 Projected Annual Benefit 17
1.78 Projected Participation 17
1.79 Qualified Domestic Relations Order (QDRO Or Order) 18
1.80 Qualified Early Retirement Age 18
1.81 Qualified Joint And Survivor Annuity (QJSA) 18
1.82 Qualified Matching Contributions (QMACs) 18
1.83 Qualified Non-Elective Contributions (QNECs) 18
1.84 Qualified Plan 18
1.85 Qualified Pre-Retirement Survivor Annuity 18
1.86 Qualified Voluntary Contribution 18
1.87 Required Aggregation Group 19
1.88 Required Beginning Date 19
1.89 Required After-tax Contributions 19
1.90 Rollover Contribution 19
1.91 Salary Deferral Agreement 19
1.92 Savings Incentive Match Plan For Employees (SIMPLE) 19
1.93 Self-Employed Individual 19
1.94 Service 19
1.95 Severance Date 20
1.96 Severance Period 20
1.97 Service Provider 20


1.98 Shareholder Employee 20
1.99 Simplified Employee Pension Plan 20
1.100 Sponsor 20
1.101 Spouse 20
1.102 Stated Benefit Formula 20
1.103 Super Top-Heavy Plan 20
1.104 Taxable Wage Base 20
1.105 Top-Heavy Determination Date 20
1.106 Top-Heavy Plan 20
1.107 Top-Heavy Ratio 21
1.108 Top-Paid Group 22
1.109 Transfer Contribution 22
1.110 Trust 22
1.111 Trustee 22
1.112 Uniformed Services Employment And Reemployment Rights Act Of 1994 (USERRA) 22
1.113 Valuation Date 22
1.114 Vested Account Balance 22
1.115 Voluntary After-tax Contribution 22
1.116 Welfare Benefit Fund 23
1.117 Year Of Service 23


ARTICLE II
ELIGIBILITY REQUIREMENTS


2.1 Eligibility 26
2.2 Determination Of Eligibility 26
2.3 Change In Classification Of Employment 26
2.4 Participation 27
2.5 Employment Rights 27
2.6 Service With Controlled Groups 27
2.7 Leased Employees 27
2.8 Thrift Plan 28
2.9 Target Benefit Plan 28
2.10 Davis-Bacon Plan 28
2.11 Waiver Of Participation 28
2.12 Omission Of Eligible Employee 28
2.13 Inclusion Of Ineligible Employee 29


ARTICLE III
EMPLOYER CONTRIBUTIONS


3.1 Contribution Amount 30
3.2 Contribution Amount For A SIMPLE 401(k) Plan 30
3.3 Responsibility For Contributions 31
3.4 Return Of Contributions 31
3.5 Merger Of Assets From Another Plan 31
3.6 Coverage Requirements 32
3.7 Eligibility For Contribution 32
3.8 Target Benefit Plan Contribution 33
3.9 Davis-Bacon Plan Contribution 34
3.10 Uniform Dollar Contribution 34
3.11 Uniform Points Contribution 34
3.12 403(b) Matching Contribution 34


ARTICLE IV
EMPLOYEE CONTRIBUTIONS


4.1 Voluntary After-tax Contributions 35
4.2 Required After-tax Contributions 35
4.3 Qualified Voluntary Contributions 35
4.4 Rollover Contributions 35
4.5 Plan To Plan Transfer Contributions 36
4.6 Voluntary Direct Transfers Between Plans 36
4.7 Elective Deferrals In A 401(k) Plan 37
4.8 Elective Deferrals In A SIMPLE 401(k) Plan 38
4.9 Automatic Enrollment 39
4.10 Make-Up Contributions Under USERRA 40


ARTICLE V
PARTICIPANT ACCOUNTS


5.1 Separate Accounts 41
5.2 Valuation Date 41
5.3 Allocations To Participant Accounts 42
5.4 Allocating Employer Contributions 42
5.5 Allocating Investment Earnings And Losses 43
5.6 Allocation Adjustments 43
5.7 Participant Statements 44
5.8 Changes In Method And Timing Of Valuing Participants' Accounts 44


ARTICLE VI
RETIREMENT BENEFITS AND DISTRIBUTIONS


6.1 Normal Retirement Benefits 45
6.2 Early Retirement Benefits 45
6.3 Benefits On Termination Of Employment 45
6.4 Restrictions On Immediate Distributions 46
6.5 Normal And Optional Forms Of Payment 47
6.6 Commencement Of Benefits 48
6.7 Transitional Rules For Cash-Out Limits 49
6.8 In-Service Withdrawals 50
6.9 Hardship Withdrawals 52
6.10 Direct Rollover Of Benefits 53
6.11 Participant's Notice 53
6.12 Assets Transferred From Money Purchase Pension Plans 54
6.13 Assets Transferred From A Code Section 401(k) Plan 54


ARTICLE VII
DISTRIBUTION REQUIREMENTS


7.1 Joint And Survivor Annuity Requirements 55
7.2 Minimum Distribution Requirements 55
7.3 Limits On Distribution Periods 55
7.4 Required Distributions On Or After The Required Beginning Date 55
7.5 Required Beginning Date 56
7.6 Transitional Rules 58
7.7 Designation Of Beneficiary 58
7.8 Beneficiary 59
7.9 Distribution Beginning Before Death 59
7.10 Distribution Beginning After Death 59
7.11 Distribution Of Excess Elective Deferrals 60
7.12 Distribution Of Excess Contributions 61
7.13 Distribution Of Excess Aggregate Contributions 61
7.14 Distributions To Minors And Individuals Who Are Legally Incompetent 62
7.15 Unclaimed Benefits 62


ARTICLE VIII
JOINT AND SURVIVOR ANNUITY REQUIREMENTS


8.1 Applicability Of Provisions 64
8.2 Payment Of Qualified Joint And Survivor Annuity 64
8.3 Payment Of Qualified Pre-Retirement Survivor Annuity 64
8.4 Qualified Election 64
8.5 Notice Requirements For Qualified Joint And Survivor Annuity 65
8.6 Notice Requirements For Qualified Pre-Retirement Survivor Annuity 65
8.7 Special Safe Harbor Exception For Certain Profit-Sharing Or 401(k) Plans 66
8.8 Transitional Joint And Survivor Annuity Rules 67
8.9 Automatic Joint And Survivor Annuity And Early Survivor Annuity 67
8.10 Annuity Contracts 68


ARTICLE IX
VESTING


9.1 Employee Contributions 69
9.2 Employer Contributions 69
9.3 Vesting Of Employer Contributions In A SIMPLE 401(k) Plan 69
9.4 Computation Period 69
9.5 Requalification Prior To Five Consecutive One-Year Breaks In Service 69
9.6 Requalification After Five Consecutive One-Year Breaks In Service 69
9.7 Calculating Vested Interest 69
9.8 Forfeitures 70
9.9 Amendment Of Vesting Schedule 70
9.10 Service With Controlled Groups 71
9.11 Compliance With Uniformed Services Employment And Reemployment Rights Act Of 1994 71


ARTICLE X
LIMITATIONS ON ALLOCATIONS


10.1 Participation In This Plan Only 72
10.2 Disposition Of Excess Annual Additions 72
10.3 Participation In Multiple Defined Contribution Plans 73
10.4 Disposition Of Excess Annual Additions Under Two Plans 73
10.5 Participation In This Plan And A Defined Benefit Plan 73


ARTICLE XI
ANTIDISCRIMINATION TESTING


11.1 General Testing Requirements 74
11.2 ADP Testing Limitations 74
11.3 Special Rules Relating To The Application Of The ADP Test 75
11.4 Calculation And Distribution Of Excess Contributions And Excess Aggregate
Contributions 75
11.5 Qualified Non-Elective And/Or Matching Contributions 76
11.6 ACP Testing Limitations 76
11.7 Special Rules Relating To The Application Of The ACP Test 77
11.8 Recharacterization 78
11.9 Nondiscrimination Tests In A SIMPLE 401(k) Plan 78
11.10 Safe Harbor Rules Of Application 78
11.11 Safe Harbor Definitions 80
11.12 Required Restrictions On Safe Harbor Contributions 80
11.13 ADP Test Safe Harbor 81
11.14 ACP Test Safe Harbor 81
11.15 Safe Harbor Status 81
11.16 Safe Harbor Notice Requirement 82
11.17 Satisfying Safe Harbor Contribution Requirements Under Another Defined
Contribution Plan 83


ARTICLE XII
ADMINISTRATION


12.1 Plan Administrator 85
12.2 Persons Serving As Plan Administrator 86
12.3 Action By Employer 86
12.4 Responsibilities Of The Parties 86
12.5 Allocation Of Investment Responsibility 86
12.6 Appointment Of Investment Manager 86
12.7 Participant Investment Direction 87
12.8 Application Of ERISA Section 404 (c) 88
12.9 Participant Loans 88
12.10 Insurance Policies 90
12.11 Determination Of Qualified Domestic Relations Order (QDRO Or Order) 92
12.12 Receipt And Release For Payments 93
12.13 Resignation And Removal 93
12.14 Claims and Claims Review Procedure 93
12.15 Bonding 94


ARTICLE XIII
TRUST PROVISIONS


13.1 Establishment Of The Trust 95
13.2 Control Of Plan Assets 95
13.3 Discretionary Trustee 95
13.4 Nondiscretionary Trustee 96
13.5 Provisions Relating To Individual Trustees 96
13.6 Investment Instructions 96
13.7 Fiduciary Standards 97
13.8 Powers Of The Trustee 97
13.9 Appointment Of Additional Trustee And Allocation Of Responsibilities 99
13.10 Compensation, Administrative Fees And Expenses 100
13.11 Records 100
13.12 Limitation On Liability And Indemnification 101
13.13 Custodian 103
13.14 Investment Alternatives Of The Custodian 103
13.15 Prohibited Transactions 104
13.16 Exclusive Benefit Ru ...