ELI ALVARADO Loan ID LOAN 02

2364 PASEO DE LAS AMERICAS #104- Original Loan Amount $1,300.00

SAN DIEGO, CA 92154 Current Principal Loan Balance $849.88
Last Payment Amount Received $41.64
Date Last Payment Received 05/06/2019
Total Amount Past Due $69.40
Due Date of Amount Past Due 09/16/2019

July 18, 2019

Dear Plan Participant:

Our records indicate that the repayments on the above-referenced loan have not been made in accordance with the terms of your
Loan Agreement. Under the terms of your plan, your loan will be in default unless payment for the Total Amount Past Due is
posted to your account prior to the Due Date above.
Please note, if your Plan offers employer securities as an investment option in the Plan, pursuant to the Plan's administrative
provisions, checks that are received by Fidelity are posted to your account on the next business day following the date of the
receipt of the check.
When a plan loan is declared in default, Internal Revenue Service regulations require that the outstanding principal balance, plus
the interest accrued through the date of default, is treated as having been received as a distribution from the Plan. Therefore,
should your loan be defaulted, the unpaid loan balance is considered a taxable event in the year of default and will be reported to
the Internal Revenue Service. An IRS Form 1099-R reflecting this loan default will be issued in January of next year. This form
should be retained with your tax files.
Please note that if you default on your loan while actively employed, tax regulations require that the outstanding loan balance will be
included in determining the amount of a subsequent loan, if any, that may be available under the Plan. In addition, the tax
regulations require that the interest will continue to accrue on the defaulted loan balance for the purpose of determining the amount
available, if any, for a subsequent loan under the Plan until that loan balance is paid-off.
If you intend to make the payment needed in order to avoid loan default, please detach the coupon below and return it in the
envelope provided together with a certified check or money order. Please take into account, the time needed to mail your
repayments, in order for the Plan to post the payment to your account to avoid a loan default. If your plan allows, you may visit
www.401k.com and make your payment via Electronic Funds Transfer (EFT). Please allow sufficient time for EFT to be established
(can take up to 10 calendar days) and processed (can take up to 3 business days) in accordance with your bank's EFT procedures.
If using US Mail or EFT, ensure your payment is received and processed prior to the close of the stock market on the default date.
Payment by personal checks and credit cards will NOT be accepted.
Should you have any questions regarding your loan or your Plan's default procedure, you may contact a Fidelity Representative at
1-866-697-1004 or 1-800-655-0962 for the hearing impaired. Representatives will be available to assist you Monday through
Friday during your plan's normal service hours.
Sincerely,
Fidelity Investments Institutional Operations Company, Inc.
489628.9.0

PRLDF042019071822.46.040000254 Page 1 of 2
Plan# 21007
PRLDF042019071822.46.040000254 Plan# 21007
Page 2 of 2
 ELI ALVARADO
Please remit to: Plan: 21007
Loan ID: LOAN 02 Customer ID: XXX-XX-
7387 Due Date: 09/16/2019

Amount Due: $69.40 PANASONIC

SERVICE CENTER
P.O. BOX 770003 CINCINNATI, OH 45277-0008 Amount Remitted:

Make certified check/money order payable to: FIIOC

!452770008034!