'"- \ Significant Index Number 0431.00-00 201103059 DEPARTMENTOFTHETREASURY

INTERNAL REVENUE SERVICE

WASHINGTON, D.C. 20224

• TAX EXEMPT AND OCT 27 lOlO GOVERNMENT ENTITIES DIVISION Re: Taxpayer = Dear This letter constitutes notice that approval has been granted for your request for a 5-year automatic extension for amortizing the unfunded liabilities as of May 1,2010, for the above-named Plan which are described in sections 431 (b)(2)(B) and 431 (b)(4) ofthe Intemal Revenue Code ("Code"), and sections 304(b)(2)(B) and 304(b)(4) ofthe Employee Retirement Income Security Act of 1974 ("ERISA"). This extension is effective with the plan year beginning May 1, 2010. This extension applies to the eligible amortization charge bases as identified in your application submission, established as of May 1 , 2010. The extension of the amortization periods of the unfunded liabilities of the Plan was granted in accordance with section 431(d)(1) of the Code. Section 431(d)(1 )(A) of the Code requires the Secretary to extend the period oftime required to amortize any unfunded liability of a plan for a period of time (not in excess of 5 years) if the Plan submits an application meeting the criteria stated in section 431(d)(1)(B). The plan has submitted the required information to meet the criteria in section 431 (d)(1)(B), including a certification from the plan's actuary that: (i) absent the extension under subparagraph (A). the plan would have an accumulated funding deficiency in the current plan year or any of the 9 succeeding plan years, (ii) the plan sponsor has adopted a plan to improve the plants funding status,

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201103059 (iii) the plan is projected to have sufficient assets to

timely pay expected benefits and anticipated expenditures

over the amortization period as extended, and

(iv) the notice required under paragraph (3)(A) has been

provided.

We have sent a copy of this letter to the _ to the - - and to your authorized representative pursuant to a power of attorney on file in this offICe. This ruling is directed only to the taxpayer that requested it. Section 611 O(k)(3) of the Internal Revenue Code provides that it may not be used or cited by others as precedent. If you require further assistance in this matter, please contact Sincerely yours, ~---- ~ ~d-1·e_ .. David M. Ziegler Manager, EP Actuarial Group 2