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that begins on or after July 1, 2007, the definitions of "Compensation" and "Maximum Compensation" for all Plan purposes shall not include amounts paid after a Participant's severance from employment except: (a) Regular Pay for Services. Regular pay after the Employee's severance from employment if it is (i) regular compensation for services during the Employee's regular working hours, or (ii) compensation for services outside regular working hours (such as overtime and shift differential), commissions, bonuses, or similar compensation that would have been paid prior to the Employee's termination had the Employee continued in employment with the Employer, and (iii) such amounts are paid by the later of 2-1/z months following the Participant's severance from employment with the Employer or the end of the calendar year that includes the Employee's severance date. (b) Leave Cashouts. If elected by the Employer in the adoption agreement, payments for accrued bona fide sick, vacation, or other leave if (i) the Employee would have been able to use the leave if the Employee's employment with the Employer had continued; and (ii) such amounts are paid by the later of 2-% months following the Employee's severance from employment with the Employer or the end of the calendar year that includes the Employee's severance date. (c) Compensation During Military Leave. If elected by the Employer in the adoption agreement, payments to an individual who does not currently perform services for the Employer by reason of qualified military service (within the meaning of Code section 414(u)(1)) to the extent that those payments do not exceed the amounts the individual would have received if the individual had continued to perform services for the Employer rather than entering military service. (d) Compensation During Disability. If elected by the Employer in the adoption agreement, compensation paid to a Participant who is permanently and totally disabled (as defined in Code section 22(e)(3)), provided that salary continuation applies to all Participants who are permanently and totally disabled for a fixed or determinable period. Modification of Adoption Agreement (Appendix A): Compensation includes regular pay after severance from employment during the time frame permitted under subsection (a) above and shall also include [check all that apply]: ❑ Leave cashouts under subsection (b) above. ❑ Compensation during military leave under subsection (c) above. ❑ Compensation during disability under subsection (d) above. OA