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<br />Metric Engineering, Inc. and Subsidiary <br />Notes to Consolidated Financial Statements <br />June 30, 2008 <br /> <br />NOT FOR PUBLIC INSPECTION / 00 NOT COPY <br />This financial statement is private and exempt from public <br />inspection. or copying of public records pursuant to Florida <br />Statutes 119.071 (I) (c). <br /> <br />11. Pension Plan <br /> <br />The Company has a qualified 401 (k) plan which covers substantially all employees meeting certain <br />eligibility requirements. Participants may contribute a portion of their compensation to the plan, up to <br />the maximum amount permitted under Section 401(k) of the Internal Revenue Code. At the Company's <br />discretion, it can match a portion of the participants' contributions. The Company's matching <br />contribution was $147,287 for the year ended June 30, 2008. <br /> <br />12. Continl!encies <br /> <br />The Company, in the normal course of operations, is involved in alleged claims where both, the <br />Company and its clients, are negotiating the settlement or resolution of disputes. In these cases, <br />management does not believe the disposition of these matters will materially affect the financial position <br />of the Company. <br /> <br />11 <br />