SIP Summary Plan Description - Vought Aircraft Division

SIP. Effective January 1, 2007, the Aerostructures Corporation Employees Savings Plan was
merged into the SIP.
How the Plan Works
Eligibility and Participation
You are generally eligible to participate in the SIP if you are at least 18 years old and are
reported as an employee on the payroll records of a participating Company element or one of the
other affiliated companies listed in the matrix below.
If you are:
A non-represented
employee of Vought
Aircraft Industries,
Inc. or its affiliated
entities (VCAC or
VAC Industries)
A UAW-represented
employee of VAII
An IBEWrepresented
employee
of VAII
An IAMAW District
Lodge 96 represented
employee of VAII
An IAMAW Local
735 represented
employee of VAII
An SPFPArepresented
employee
of VAII
A non-represented
employee of Contour
Aerospace
Corporation
You are eligible to
participate in the
Savings and
Investment Plan
(SIP):
You are eligible
for Company
Matching
Contributions in
the SIP:
You are eligible for Company Retirement
Contributions in the SIP:
Yes Yes Yes, if you are not eligible to accrue
benefits under the:
Vought Aircraft Industries, Inc.
Retirement Plan
The Aerostructures Heritage Pension
Plan
Yes Yes Yes, if you are not eligible to accrue
benefits under the:
Vought Aircraft Industries, Inc.
Hourly Retirement Plan
Yes Yes Yes, if you are not eligible to accrue
benefits under the:
Vought Aircraft Industries, Inc.
Hourly Retirement Plan
Yes Yes No
Yes Yes Yes, if you are not eligible to accrue
benefits under the:
The Aerostructures Heritage Pension
Plan for Hourly-Rated Employees
Yes No Yes, if you are not eligible to accrue
benefits under the:
Vought Aircraft Industries, Inc.
Protective Services Retirement Plan
Yes Yes No
Enrollment in the SIP
Enrollment in the SIP is automatic when you are hired or when you first become eligible for the
Plan. More information regarding the details of the automatic enrollment, including how to
cancel your participation, is provided below.
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