LOEB & LOEB LLP CASH BALANCE PENSION PLAN

Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).

Benefits are based partly on the balance of the separate account of the participant. Must also include appropriate defined contribution pension feature codes.

Plan covered by PBGC that was terminated and closed out for PBGC purposes (standard or distress termination with distribution of plan assets or trustee appointed under ERISA section 4042).

As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.