Index

About Savings Plan

Participating in the Savings Plan

Savings Plan Account

Your Contributions and the Company Match

Investment Options

Investment Considerations

Implementing Investment Decisions

Changing How Your Money Is Invested
- Important Purchase/Sale Provision on Account Balances
- Separate Transactions

Accessing Your Money

Loans

Withdrawals

Distributions

Information for Participants Who Worked for Mobil Corporation

Information for Participants Who Worked for Paxon or AES

Tax Considerations

Administrative and ERISA Information

Securities and Exchange Commission (SEC) Information

Key Terms

Savings Plan Account Features

  

green square Changing How Your Money Is Invested

Q. How can I change the way my Savings Plan account is invested?

A. You can change the way your existing Savings Plan account is invested by selling shares or units of one investment option and simultaneously purchasing shares or units of another.

A Step-by-Step Approach

  1. Determine how your account is currently invested.
  2. Determine how you would like your account to be invested. If changes are needed, determine how you would like to change the investments.
  3. Calculate the dollar amount or the number of shares or units of each investment option that you want to sell and purchase.
  4. Determine which of your accounts will be affected (Before-Tax Account, After-Tax Account, General Account and/or Stock Match Account).

For each investment transaction, there must be both a sale and a purchase.

green square Important Purchase/Sale Provision on Account Balances

The Savings Plan provides the flexibility for periodic adjustments to existing account balances through sales of one investment and the subsequent purchase of other investments. You may purchase and/or sell a particular investment option twice during each calendar month. For example, if you sell ExxonMobil stock on any day during a calendar month, you may only either purchase or sell ExxonMobil stock one more time during the rest of that month. Note that you may not initiate a second sale/purchase of a particular investment option if a transaction of the same investment option is still pending. In applying this provision, all purchases or sales of a particular investment option made on one day are considered part of the same transaction.

Keep in mind that typically purchase and sale transactions received at or after 6:00 a.m. Central time on any business day are posted to participants' accounts on the following business day. This means that transactions received at 6:00 a.m. Central time or later on the last business day of a calendar month are credited to your account on the first business day of the next calendar month and will be considered a purchase or sale for that next month.

green square Separate Transactions

In selling investment options, you must specify a separate transaction each time it involves a different option. When selecting what to purchase, you may select one or more investments in the same transaction. You do this by specifying in the transaction what percentage of the proceeds from the sale to invest in each.

Example:
Assume that you have 1,000 shares of ExxonMobil stock in your Before-Tax Account. You want to sell 500 shares of the stock and put 25% of the proceeds into each of four funds. You would submit a transaction to sell 500 shares of ExxonMobil stock in your Before-Tax Account and apply the proceeds of that sale as follows:

  25% to purchase Equity Units
25% to purchase Extended Market Units
25% to purchase International Equity Units
25% to purchase Bond Units

Typically, purchase and sale transactions received before 6:00 a.m. Central time on a particular business day are posted to your account that evening.

Transaction requests received at 6:00 a.m. Central time or later on a particular business day will be posted to your account the following business day. The price received will be the price on the day of posting. The actual transaction in the market for the index funds will occur on the day following pricing.

Transactions are executed only if the NYSE is open. However, pricing can not be guaranteed in the event of unforeseeable circumstances beyond the reasonable control of the Trustee and/or its agents.

The Savings Plan Web site at http://xomsavings.ingplans.com and the Savings Telephone Service (STS) at 877-966-4015 are available for account information and transactions.