The Participant's surviving Eligible Spouse, if any, will receive the same benefit that would be payable if the Participant had:

The Participant's surviving Eligible Spouse, if any, will receive the same benefit that would be payable if the Participant had separated from service on the day prior to his death with an immediate joint and 100% survivor annuity, with his Eligible Spouse as the contingent annuitant.

Joint and Survivor Annuity. At any time prior to the date of a Participant’s Separation from Service, a Participant may elect, by delivering written notice to the Company, to have the Participant’s Supplemental Retirement Benefit paid in the form of a Joint and Survivor Annuity with either a 50% or 100% survivor benefit (as selected by the Participant), beginning as of the first day of the month following the Participant’s Separation from Service (but no earlier than the Participant’s 55th birthday). Such election shall become irrevocable upon the Participant’s Separation from Service. Such Joint & Survivor Annuity shall be the equivalent actuarial value of the normal form of Supplemental Retirement Benefit provided in Section 3.2.1, using the assumptions set forth in [Appendix A] to Rider No. 1 of the Pension Plan.

Unless otherwise elected as provided below, a Participant who is married on the Annuity Starting Date and who does not die before the Annuity Starting Date shall receive the value of all Plan benefits in the form of a Joint and Survivor Annuity. Th e Joint and Survivor Annuity is an annuity that commences immediately and shall be equal in value to a single life annuity. Such joint and survivor benefits following the Participant's death shall continue to the Spouse during the Spouse's lifetime at a rate equal to either fifty percent (50%), seventy-five percent (75%) (or, sixty-six and two-thirds percent (66 2/3%) if the Insurer used to

The participant may waive the spousal death benefit described in this [Section 5.2(b)] at any time provided that no such waiver shall be effective unless it satisfies the conditions of [Section 5.2(c)(1)] that would apply to the participant's waiver of the qualified preretirement survivor annuity.

Qualified Election – A waiver of a qualified preretirement survivor annuity. Any waiver of a qualified preretirement survivor annuity shall not be effective unless: # the participant's spouse consents in writing to the election; # the election designates a specific beneficiary, including any class of beneficiaries or any contingent beneficiaries, that may not be changed without spousal consent (or the spouse expressly permits designations by the participant without any further spousal consent); # the spouse's consent acknowledges the effect of the election; and # the spouse's consent is witnessed by a plan representative or notary public. If it is established to the satisfaction of a plan representative that there is no spouse or that the spouse cannot be located, a waiver will be deemed a qualified election.

Qualified Pre-Retirement Survivor Annuity (QPSA). Unless otherwise elected as provided below, a Vested Participant who dies before the Annuity Starting Date and who has a surviving Spouse shall have the Pre-Retirement Survivor Annuity paid to the surviving Spouse. The Participant's Spouse may direct that payment of the Pre-Retirement Survivor Annuity commence within a reasonable period after the Participant's death. If the Spouse does not so direct, payment of such benefit will commence at t he time the Participant would have attained the later of Normal Retirement Age or age 62. However, the Spouse may elect a later commencement date. Any distribution to the Participant's Spouse shall be subject to the rules specified in Section 6.8.

Election of Monthly Retirement Income. If an Eligible Participant who is legally married on the Early Distribution Date elects a joint and survivor annuity form of benefit under [subparagraphs (b)(i), (ii) or (iii)])])] hereof but dies before receipt of any payment pursuant to such election, the percentage of the Preretirement Spousal Death Benefit described in Paragraph 8.3 shall be equal to the elected percentage of the joint and survivor annuity form described in [subparagraph (a) or (b)])] of Paragraph 8.1. If an Eligible Participant who is legally married on the Early Distribution Date elects a life annuity under [subparagraph (b)(ii)] but dies before receipt of any payment pursuant to such election, the Eligible Participant’s surviving spouse shall receive a Preretirement Spousal Death Benefit for his or her Plan benefit, calculated and paid in accordance with Paragraph 8.3. If an Eligible Participant is not legally married on the Early Distribution Date, but would otherwise be described in this [subparagraph (d)(i)], no Plan benefit will be payable to any beneficiary (other than an alternate payee of an Eligible Participant under a QDRO, as defined in Paragraph 11.3, to the extent required by the terms of the applicable QDRO).

Section # – Joint and Survivor Annuity Requirements30

25%, 50%, 75% or 100% LIFE JOINT AND SURVIVOR ANNUITY means an annuity consisting of ​