Summary Plan Description
Nocopi Technologies, Inc.
Effective 01-01-1998, Nocopi Technologies, Inc. has amended the Nocopi Technologies, Inc. 401(k) Plan
designed to help you meet your financial needs during your retirement years. The Plan was originally effective on
04-01-1993 and its plan sequence number is 001. The plan sequence number identifies the number of qualified
plans that Nocopi Technologies, Inc. currently maintains or has previously maintained.
To become a Participant in the Plan, you must meet the Plan's eligibility requirements. Once you become a
Participant, Nocopi Technologies, Inc. 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. Nocopi
Technologies, Inc. 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.