Summary Plan Description
The Bank of Georgia
Effective 01-01-2000, The Bank of Georgia has adopted the The Bank of Georgia
401(k) Plan designed to help you meet your financial needs during your retirement years. The plan sequence
number, which identifies the number of qualified plans. The Bank of Georgia currently maintains or has previously
maintained, is 001.
To become a Participant in the Plan, you must meet the Plan's eligibility requirements. Once you become a
Participant, The Bank of Georgia will maintain an Individual Account for you. Each Plan Year your account will
be adjusted to reflect contributions, gains, losses, etc. The percentage of your account to which you will be
entitled when you terminate employment depends on the Plan's vesting schedule. These features are explained
further in the following pages.
The actual Plan is a complex legal document that has been written in the manner required by the Internal Revenue
Service (IRS) and is referred to as the Basic Plan Document. This document is called a Summary Plan
Description (SPD) and explains and summarizes the important features of the Basic Plan Document. The Bank of
Georgia may make contributions to this Plan. In addition, you may be able to elect to reduce your annual taxable
income by deferring a portion of your Compensation into the Plan as Employee 401(k) Contributions. You
should consult the Basic Plan Document for technical and detailed Plan provisions. The legal operation of the Plan
is controlled by the Basic Plan Document and not this SPD.
If at any time you have specific questions about the Plan as it applies to you, please bring them to the attention of
the Plan Administrator whose address and telephone number appear in Section One of this SPD. You may also
examine the Basic Plan Document itself at a reasonable time by making arrangements with the Plan Administrator.
Contents of the Summary Plan Description
SECTION ONE DEFINITIONS
SECTION TWO ELIGIBILITY AND PARTICIPAT