Exchange calendar on iPhone won't show up on iCal

I set up my iPhone to get email and calendar from work, which is an Exchange account. When I sync the iPhone with my laptop, the work stuff (Exchange calendar) doesn't show up on iCal.
- On iTunes I have the settings set to Sync All Calendars

- On the iPhone I have the Exchange account settings to get Mail, Contacts, and Calendars

How do I get this account to show up on iCal?