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LOCKHEED MARTIN

CAPITAL ACCUMULATION PLAN

HIGHLIGHTS
Capital Accumulation Plan Highlights
Capital Accumulation Plan Highlights | 2

The following information on Capital Accumulation Plan only highlights the benefits currently
availableas of January 2014 for eligible salaried employees. Benefits offered to CAP eligible par-
ticipants are described in plan documents. If there is a discrepancy between this brochure and the
plan documents, the plan documents will be the final authority. The Corporation reserves the right
to amend, modify or terminate any benefit plan at any time.

Immediate Eligibility

You are eligible to participate if you are a salaried employee of a participating group or business unit and
you have satisfied any service requirements.

Company Contributions

CAP participants wont have to pay any taxes on Company contributions and any earnings as long as the
money stays in your account. Taxes become due only when the money is taken out of your account.

Eligibility Loss

If you continue to work for the Company, but transfer to a group or change to an employee status that is
not eligible to participate in the Plan, Company contributions will stop. If you have satisfied the Plans
vesting requirements when you transfer, your account will remain in the plan and you can continue to
make investment changes. Your account balance will be payable at termination, retirement, layoff,
disability or deathyour transfer does not entitle you to a distribution from your account.

Company Contributions

Company contributions will begin with the first pay period after you are eligible for the Plan. For each week
of participation, the Company makes a contribution to your account based on your service with the
Company and your weekly rate of pay.

Capital Accumulation Plan (CAP)


Contribution Schedule

Lockheed Martin Contribution


Years of Service
as Percentage of Pay

Less than 5 3%

5 or more 4%

Diverse Investment Options

Participants designate how to invest their Company contributions at the time they are eligible for the CAP.
Accounts may appreciate or depreciate through the investment return of the investment funds. There are a
number or funds to choose from, providing a variety of strategies to minimize participant risk or maximize
potential return. In addition to these fund choices, CAP participants may elect to open a Self-Managed
Account. Participants can transfer up to 75 percent of their total account balance to the Self-Managed
Account. If you do not make an investment election, your CAP contributions will automatically be invested
in the Plans Target Date Fund corresponding to the year beginning on the date closest to your estimated
retirement age of 65.
Capital Accumulation Plan Highlights
Capital Accumulation Plan Highlights | 3

Rehire

If you leave the Company and are later rehired by a participating business unit, prior and current service
may be bridged. Your service will be bridged if you had a break in service that was less than your prior
employment period, if your break in service was less than five years, or if you were vested in the Plan
previously.

If you are rehired, your prior service may be bridged. If you were previously employed by the Company or
one of its predecessors and you were not 100 percent vested in the Company contributions, and you are
re-employed by the Company within five years after your termination, the Company contributions you may
have forfeited may be reinstated to your account. Employees should call the Savings Plan information line
and speak to a customer service representative for assistance.

Annual Statements

Participants will receive an annual statement in the mail detailing their account information. Participants
also have the flexibility to create their own customized statement at any time by accessing the Savings
Plan Web Tool. This feature allows participants to view, save and print a statement containing any desired
sections of their account information for a date range of their choice within the past 24 months.
Participants can also receive a paper statement covering the most recent quarter free of charge by calling
the Savings Plan information line.

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