Page 190 - Washington Nationals 2023 Benefits Guide -10.26.22_Neat

APPENDIX F

WASHINGTON NATIONALS BASEBALL CLUB, LLC COMMUTER CHOICE PLAN

ELIGIBILITY FOR PARTICIPATION

Eligible Employee

You are an “Eligible Employee” if you are employed by the Washington Nationals Baseball Club,
LLC (the “Company”) or any affiliate who has adopted the Washington Nationals Baseball Club,
LLC Commuter Choice Plan (the “Commuter Plan”). However, you are not an “Eligible
Employee” if you are any of the following:

• An independent contractor.
• A self-employed individual, including a partner.
• A person who owns (or is deemed to own) more than 2% of the outstanding stock of an S
corporation.

Date of Participation: You will become a Participant eligible to receive benefits from the
Commuter Plan on the first day of the calendar month coinciding with, or next following, your
date of hire; provided that you are an Eligible Employee on that date.

Date Coverage Terminates: You will stop being a Participant on the date you are no longer an
Eligible Employee or the date you terminate employment with the Company.

ELECTIONS

When you become eligible to participate in the Commuter Plan, you may begin contributing to the
Commuter Plan. The Commuter Plan does not provide for automatic elections; you must elect to
receive Qualified Transportation Expenses (described under “BENEFITS” below) in lieu of
compensation through the online enrollment process. You may modify, stop, or stop your elections
monthly.

All contributions will be credited to an account established on your behalf. Your contributions to
the Commuter Plan are generally not subject to federal income tax or social security taxes. While
you may enjoy certain tax benefits, there may be some drawbacks to participation in the Commuter
Plan. For example, participation in the Commuter Plan may lower your social security benefits.
You should consult with your professional tax/financial advisor to determine the consequences of
your participation in the Commuter Plan.

BENEFITS

Qualified Transportation Expenses

If you are eligible to participate in the Commuter Plan, you may set aside a portion of your
compensation that will be placed in an account to pay for the following types of Qualified

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