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Synopsis of Benefits for Trinity Forge Employees

Revised: 10/02/08

This synopsis provides only general information on benefits, and to determine actual legal rights and obligations, you should refer to actual plan documents, which always control including in any circumstances in which the synopsis might vary from the strict wording of the plan.

For information concerning health benefits, please refer to the “Employee Benefit Plan Document” or call Boon-Chapman at 1-800-211-2136.

BENEFITS ELIGIBILITY

The following is a listing of benefits and the seniority necessary to receive such benefits:

401K Plan: Automatic Enrollment, an employee becomes eligible to make salary deferral contributions to the Plan starting on his or her date of hire. Automatic payroll withholding of 4% of your compensation will apply while you are a participant unless you notify the HR Manager in writing either to increase or decrease the amount, or to stop payroll withholding. An employee becomes eligible to receive matching contributions starting on May 1 or November 1 entry date or after completing a year of service. For more information, see the HR Manager.

90 Days Probationary period

Part Time Employees are eligible for holiday pay provided they work at least 20 hour per week.  For each holiday you will receive 4 hours pay.

90 Days Holidays (7 preset and 4 floating holidays voted on by employees- must work the day before and the day after and holidays if scheduled)

90 Days Short - Term Disability Benefits Plan

90 Days Uniforms.  The cost of uniforms is subsidized by the company; the company will pay $2.00.  There is also a prep charge to order uniforms.

90 Days Purchase Discounts (Footwear - Jackets)

90 Days Health Insurance (the first day of the month following 90 days of hire date)

90 Days ESOP Program (eligible to join Plan after 1000 or more hours within a twelve month period.  You will automatically be enrolled either May 1st or Nov. 1st, depending on the number of hours worked.)

1 Year Vacation (1 year - 1 week, 3 years - 2 weeks, 10 years - 3 weeks  25 years - 4 weeks)

Additional information will be handed out to elaborate on these benefits.  There may be additional requirements beyond being employed for the length of time specified above, to be entitled to the benefits listed above.

If you have any questions, you can contact the Human Resource Manager or your supervisor. The Human Resource office number is (817) 453-6638.

VACATIONS

You will become eligible for 1 week's vacation (40 hours) after your first twelve months of service.

 Part time employees do not qualify for any vacation time.

HOLIDAYS

Trinity Forge has a unique way of providing holidays for its employees. There are 11 paid holidays per calendar year. You must have worked 90 calendar days before qualifying for holiday per calendar year. You must have worked 90 calendar days before qualifying for holiday pay and you also must work the day before and the day after the holiday otherwise you won't be paid for that holiday.

Seven of these holidays are pre-set: New Year's Day, Memorial Day, 4th of July, Labor Day, Thanksgiving Day, the Friday after Thanksgiving and Christmas Day. The other 4 holidays are voted upon by all employees of each division through a ballot. The days that are voted upon by the majority are designated "floater" holidays. Be sure to vote when you are given a ballot.

All holidays for full time employees are paid as 8-hour holidays unless otherwise noted. To be eligible for holiday pay an employee must have completed 90 days of service.

The holidays for part-time employees are paid at a rate of four hours per holiday.

To be eligible for holiday pay, the employee must work both the day before and the day after the holiday, unless vacation is being used in conjunction with the holiday. in the case of unusual extenuating circumstances regarding this rule, it may be waived with approval of the employee's immediate supervisor and the concurrence of the supervisor's manager.

The last payroll before Christmas will include all holiday pay through December 31. The January 1st holiday will be included on the first payroll of the next year.

When separating from the service of the company, there is no payment for any holidays remaining in the calendar year.

Floating holidays will be handled separately for each of the following groups: Corporate Office, Forge Division Personnel, and Machine Division Personnel.

Corporate Office: There is no need for all office personnel to necessarily share the same floating holidays. Floating holidays will be taken per individual choice, subject to approval by the person's immediate supervisor in consideration of the operational needs of the affected department. Management reserves the right to restrict the number of people who may choose to be off any given day, to require that floating holidays be spaced apart, or to close the office on any given day. Unused floating holidays may not be carried over past the first quarter of the following year.

Forge and Machine Divisions: All hourly shop employees will select  floating holidays. The Night Shift will receive an additional holiday on Christmas Eve and New Year's Eve as part of their shift premiums. All holidays are 8 hours unless the pay week including holidays totals less than 40 hours per shift. In that case only, the holidays will be paid as 10 hours each for the affected shift, but in no case will any holiday be paid in excess of 10 hours. In departments that typically need to work during floating holiday periods, particularly Maintenance and Shipping, management may select certain employees to have floating holidays under the "Corporate Office" method so that they will be available to work during the floating holiday blocks.

Any employee who is off of work for an extended period of time will not accrue vacation time for the time that he/she is off of work.

Any accrued vacation time will be paid at the time of termination of employment.

Education Benefits

Any full-time employee, after they have been continuously employed by Trinity Forge for more than ninety (90) days, can be reimbursed 80% of the amount that they pay for books, tuition and required fees if they complete a semester of a college course or courses with a passing grade.

The classes that an employee completes must be courses that can be applied to the employee's present or future team position at Trinity Forge and they must be pre-approved by the employee's supervisor or manager. The employee must submit receipts and passing grades with the request for reimbursement.

The company will not reimburse an employee for transportation, parking fees, or other fees that are not required.

Jury Duty Leave

If you are called to serve on jury duty, you will receive pay for your service from the government.  Trinity Forge will pay you the difference between your jury pay and straight time pay for the number of hours that your shift worked that day.  For example, if the department you work in worked 10 hours and your wage was $8.00 an hour, then your pay would be $80.00.  If your jury pay was $6.00, then the company will pay you $74.00.  Please bring the jury duty forms and a copy of the check.

Short Term Disability Benefits Plan

Short - Term Disability Benefits Plan

The Trinity Forge, Inc. Short - Term Disability Benefit Plan is a benefit program sponsored by Trinity Forge, Inc. The Plan provides certain benefits in the event of a disability caused by an illness or injury arising outside the course and scope of employment and occurring subsequent to the effective date of the Plan. "Disability'' is defined as the inability of an employee to be engaged in any occupation for compensation or profit for at least 40 consecutive hours due to an injury or illness arising outside the course and scope of employment.

1. Eligibility

The following are eligible: All full - time employees, who are both non - exempt and regularly paid by the hour, and who, after they have been continuously employed by the Company for more than ninety (90) days, have a disability during the time period the Plan is in effect. A full - time employee is an employee who is regularly scheduled to work thirty (30) hours or more per workweek.

2. To submit a claim under the Plan:

The Employee must submit to the Human Resource Office of the Company a written claim form at the same time the disability is reported, unless exceptional circumstances warrant otherwise. The Employee must, within Five (5) calendar days after submitting the written claim form, submit an Attending Physician's Statement which states: 

1. that the employee suffers a disability
2. a diagnosis
3. the initial date of the illness or injury
4. the estimated time period during which the illness/injury prevents the employee from performing full time work
5. the estimated date of return to work

3. Available Benefits

After a Participant has missed one workweek, benefits will be calculated at $35.00 per day ( less applicable federal income tax withholding and payroll taxes). However, benefits will not exceed $35.00 per day or $140.00 per week ( less applicable federal income tax withholding and payroll taxes). Benefits will not be paid for time off work of less than an entire day and will not exceed thirteen (13) weeks in any six (6) month period.

4. Source Of Benefits

The Company will pay benefits under the Plan from its general assets. No employee contribution is required in the Plan.

5. Claims Procedure

In order to receive any of the benefits provided by the Plan, you must submit the information, documents and evidence required by the Plan Administrator and the Plan. If you have any questions about how to claim benefits or need any other information about the Plan, you should contact the Company's Human Resources Manager at ( 817) 473-1515.

IDEAS

Trinity Forge believes that its people are its most valuable resource. For the purpose of stimulating and encouraging its employees there is a suggestions program for employee suggestions (see TOP-IDEAS).