SIP Summary Plan Description - Vought Aircraft Division

withdrawals. Necessary and proper expenses of administration of the Plan may be paid from
assets of the Plan to the extent legally permitted.
Loss of Benefits
Even when you are fully vested in your benefits under the SIP, there are circumstances in which
you may lose those benefits. Generally, a loss of all or some of your benefits may occur if:
Limitations and taxes imposed by the Internal Revenue Code apply to your benefits.
You are subject to a Qualified Domestic Relations Order (QDRO).
Your account suffers losses as a result of investment performance.
Top-Heavy Provisions
The Plan currently provides coverage to all employees who meet the eligibility requirements.
Although the provisions of the Plan do not discriminate in favor of any class of employees
covered under the Plan, federal regulations require that the Plan include special provisions that
would take effect in the event the Plan were ever to become “top heavy.” Should the Plan
become top heavy, the Committee will notify you if you are affected.
Plan Year
Plan records are kept on a calendar-year basis (January 1 to December 31).
Plan Number and Employer Identification Number
The Plan number assigned by the Company is 004. The Company’s employer identification
number is 75-2884072.
Participant Protections under ERISA
As a participant in the Vought Aircraft Industries, Inc. Savings and Investment Plan, you are
entitled to certain rights and protections under the Employee Retirement Income Security Act of
1974, as amended (ERISA). ERISA provides that all Plan participants shall be entitled to:
Examine, without charge, all documents governing the Plan, including the annual report and
summary descriptions, as well as documents filed with the U.S. Department of Labor.
Obtain copies of the Plan document and certain other Plan information, by making a written
request to the Committee. There may be a charge for copies.
Receive a summary of the plan’s annual financial report. You do not have to request a copy
of this summary; it will be automatically sent to you each year.
Obtain a statement of the current value of their account by making a written request. This
statement is not required to be furnished more than once every 12 months.
In addition to creating rights for Plan participants, ERISA imposes duties upon the people who
are responsible for the operation of the employee benefit plan. The people who operate your
Plan, called “fiduciaries” of the Plan, have a duty to do so prudently and in the interest of you
and other Plan participants and beneficiaries. No one, including the Company or any other
person, may fire you or otherwise discriminate against you in any way to prevent you from
obtaining a benefit or exercising your rights under ERISA.
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