SIEMENS SAVINGS PLAN SUMMARY PLAN DESCRIPTION

If you do not choose an investment option for amounts in your Plan account, your Plan account (including any automatic enrollment contributions or Company contributions made on

However, you cannot postpone it if your vested Account balance is $5,000 or less in which case the Plan Administrator will direct the Trustee that any amount

Exelis Salaried Investment and Savings Plan Page 28 The loan proceeds will be withdrawn from your Plan account in the following order: before-tax account, after-tax account,

However, you cannot postpone it if your vested Account balance is $5,000 or less in which case the Plan Administrator will direct the Trustee that any amount exceeding $1,000

However, you cannot postpone it if your vested Account balance is $5,000 or less in which case the Plan Administrator will direct the Trustee that any amount exceeding $1,000

However, you cannot postpone it if your vested Account balance is $5,000 or less in which case the Plan Administrator will direct the Trustee that any amount

o a surviving child or a sibling of the Participant, the beneficiary shall have his/her portion of your account segregated in a separate account in his/her name, remain invested

Your benefits under the Plan are determined solely by the vested amounts in your Account at the time you become entitled to payment.. Your benefits will be reduced if your Account