Qualified Defined Benefit Retirement Plan  
The Company has a qualified defined benefit retirement plan that provides benefi ts to certain hourly associates at retirement .  
These associates do not participate in the Retirement Savings Plan.  The benefits are based on length of service and date of 
retirement. 
  
30 Applied Industrial Technologies, Inc. and Subsidiaries
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
(In thousands, except per share amounts)
25358_AIT_Report_WT.indd   30 8/23/12   8:33 AM