1. Target distribution amount of $200,000 in the year 2002.
2. Method of retirement: part first-in-first-out (FIFO) and part last-in-first-out (LIFO)
3. Years to be retired:

• $100,000 of patronage capital allocated for 2001
• $100,000 of patronage capital allocated for 1983. The total allocated in 1983 was $208,284. Based on past experience, $100,000 will pay off approximately 50% of the amount allocated for 1983.

1. The minimum check amount will be $20.00. Payment will be made by check only to those eligible for refunds who are no longer receiving service from WEC.
2. Current members who are entitled to capital credit refunds will receive their refund as a credit on their bill, regardless of the amount owed. An insert will be included with the bill explaining capital credit refunds
3. Advertising: The Co-op will take out a block ad once a week for two consecutive weeks announcing that notices for capital credit refunds for a specific year have been mailed. The ad will instruct former members who received service during that year to contact the Co-op office if they did not receive a notice. The list of names of former members whose whereabouts cannot be ascertained will be published in Co-op Currents.
4. All individual retirements will be reduced by any uncollectible or delinquent amount owed to the Cooperative, as permitted by the Bylaws.
5. No retirements will be made to the estates of deceased members, except for those that would normally be retired in the 2001 distribution.
6. No distribution will be made in the year 2001 for equity investments made through contributions-in-aid-of-construction for new line extensions.

The Board of Trustees will review and update this Equity Distribution Plan on an annual basis, taking into account then current cash flow and equity constraints.