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| ADMINISTRATIVE INFORMATION |
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| Other
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Plan Amendment and Termination
Valassis intends to continue each of the benefit plans indefinitely;
however, we reserve the right to amend or terminate any of the plans
at any time.
If a plan is terminated, your participation in that plan will automatically
stop. Under the health and welfare plans, you are eligible to receive
payment of any claims for expenses incurred before the date the plan
terminates. If you are collecting short- or long-term disability benefits,
those benefits will continue for as long as you qualify as disabled
under the terms of the contract.
Guarantee of Employment
Your participation in any plan does not guarantee your continued employment
with Valassis, nor does participation in any plan prevent Valassis from
changing the terms of your employment. If you resign or are terminated
or laid off, you do not have a right to any benefit or interest in the
plans, except as specifically provided in the plan documents.
Keep Us Informed
It is your responsibility to make sure your benefit records are correct
and that the personal information needed to administer your benefits
is up-to-date. If you move, marry, divorce or gain a new child, or if
your child marries, ceases to be a full-time student or is otherwise
no longer an eligible dependent, please contact Human Resources as soon
as possible. Certain status changes allow you to change benefit elections
that you previously made, provided you do so within 31 days of the change
in status.
 
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Summary Plan Description
The Valassis Benefits Handbook serves as the Summary Plan
Description for most benefits. A 2008 handbook will be issued soon.
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