Risks

Participation has several possible risks:

Future tax law changes
If the current tax structure changes, the anticipated economic benefits of participating in the Plan could change. For example, if income tax rates increase significantly or capital gains taxes decrease, the Plan's benefits might be reduced. Conversely, income tax reductions could increase the benefits of deferral. In addition, state income taxes could have a further impact for some participants.

Market fluctuations
If you choose an investment option that declines in value, the amount paid at distribution might be lower than if the compensation had not been deferred.

Bankruptcy
The Deferred Compensation Plan is a "nonqualified" plan under the Internal Revenue Code and IRS regulations. Nonqualified plans do not offer the protections of ERISA and must comply with certain rules in order to maintain their status as nonqualified plans. If they do not comply, all previously deferred compensation may be immediately taxable to you and may be subject to additional taxes. 

One of these rules is that the Plan assets must continue to remain assets of Juniper. Your deferred compensation is held in a special trust solely for the benefit of the employees participating in this Plan. Because the trust is part of Juniper's assets, the trust would be subject to the claims of creditors if Juniper were to declare bankruptcy.