Vested Percentage

4.01 - A Participant's Vested Percentage shall be "none" until the Participant has completed two years of Vesting Service, excluding any service properly excludable under the Break in Service rules and other provisions of Section 4.02. However, for the purpose of determining a Participant's Vested Percentage, Vesting Service will include any period of participation in the Plan during which the Participant is an Employee whether or not the Participant makes contributions to the Plan for such period. When a Participant has completed at least two years of Vesting Service as described above, the Participant's Vested Percentage shall be 100% and the Participant thereafter shall have a non-forfeitable right to his or her Accrued Benefit. As specified in Section 4.06, a Participant's Vested Percentage also shall be 100% upon attainment of age 65 provided such Participant is still participating in the Plan at that time or participates in the Plan until the month immediately preceding the month in which the Participant attains age 65. The terms "vested" and "non-forfeitable" shall have the meaning stated in Section 4.06.