To All Participants and Beneficiaries

We are pleased to distribute this new Summary Plan Description (SPD) which explains the benefits available under your Vacation Fund, summarizes the eligibility rules, explains how the benefits are calculated, explains how the plan is administered and sets forth your rights as a Participant.

From time to time, changes and improvements in your Plan will be made. We will keep you fully informed of any changes.

Sincerely,

THE BOARD OF TRUSTEES