Exhibit 10.1

INTEGRYS ENERGY GROUP, INC.
PENSION RESTORATION AND
SUPPLEMENTAL RETIREMENT PLAN

As Amended and Restated Effective January 1, 2017

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Exhibit 10.1

TABLE OF CONTENTS
 
 
 
Page

ARTICLE I. DEFINITIONS AND CONSTRUCTION
2

 
Section 1.01.
Definitions
2

 
Section 1.02.
Construction and Applicable Law
7

 
 
 
 
ARTICLE II. PAYMENT ELECTIONS
8

 
Section 2.01.
General Rules
8

 
Section 2.02.
Participant Payment Election
8

 
 
 
 
ARTICLE III. PENSION RESTORATION BENEFIT
10

 
Section 3.01.
Eligibility
10

 
Section 3.02.
Pension Restoration Benefit Formula
10

 
Section 3.03.
Distribution of Single Sum Benefits
10

 
Section 3.04.
Distribution of 180 Month Period Certain Installment Benefit
11

 
Section 3.05.
Distribution of Annuity Benefits
11

 
Section 3.06.
Death Benefits
13

 
 
 
 
ARTICLE IV. SUPPLEMENTAL RETIREMENT BENEFIT
14

 
Section 4.01.
Eligibility
14

 
Section 4.02.
Final Average Earnings
14

 
Section 4.03.
Supplemental Retirement Benefit Formula
14

 
Section 4.04.
Distribution of Single Sum Benefits
16

 
Section 4.05.
Distribution of 180 Month Period Certain Installment Benefit
16

 
Section 4.06.
Distribution of Annuity Benefits
16

 
Section 4.07.
Death Benefits
17

 
 
 
 
ARTICLE V. SPECIAL DEFINED CONTRIBUTION CREDITS
19

 
Section 5.01.
Application
19

 
Section 5.02.
Distribution In Accordance With This Plan
19

 
Section 5.03.
Distribution of Single Sum Benefits
19

 
Section 5.04.
Distribution of 180 Month Period Certain Installment Benefit
19

 
Section 5.05.
Distribution of Annuity Benefits
20

 
Section 5.06.
Death Benefits
20

 
 
 
 
ARTICLE VI. SPECIAL RULES APPLICABLE IN THE EVENT OF A CHANGE IN CONTROL OF THE
COMPANY
22

 
Section 6.01.
Application
22

 
Section 6.02.
Definitions
22

 
Section 6.03.
Special Provisions Following Change in Control
23

 
Section 6.04.
Maximum Payment Limitation
25

 
Section 6.05.
Resolution of Disputes
26

 
 
 
 
ARTICLE VII. GENERAL PROVISIONS
27

 
Section 7.01.
Administration
27

 
Section 7.02.
Claims Procedures
27

 
Section 7.03
Participant Rights Unsecured
28

 
Section 7.04.
Tax Withholding
28

 
Section 7.05.
Amendment or Termination of Plan
28

 
Section 7.06.
Administrative Expenses
30

 
Section 7.07.
Effect on Other Employee Benefit Plans
30

 
Section 7.08.
Successor and Assigns
30

 
Section 7.09.
Additional Section 409A Provisions
30

 
Section 7.10.
Offset
30

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Exhibit 10.1

INTEGRYS ENERGY GROUP, INC.
PENSION RESTORATION AND
SUPPLEMENTAL RETIREMENT PLAN

The Integrys Energy Group, Inc. Pension Restoration and Supplemental Retirement
Plan (the “Plan”) was originally adopted effective January 1, 2001 as the WPS
Resources Corporation Pension Restoration and Supplemental Retirement Plan. The
Plan name was changed to reflect the change in the name of the plan sponsor from
WPS Resources Corporation to Integrys Energy Group, Inc., the predecessor of
Integrys Holding, Inc. (the “Company”). The purpose of the Plan is to promote
the best interests of the Company and its stockholders by attracting and
retaining key management employees possessing a strong interest in the
successful operation of the Company and its affiliates and by encouraging their
continued loyalty, service and counsel to the Company and its affiliates.
Effective December 31, 2017, all benefit accruals under the Plan will be frozen
and no compensation or employment after December 31, 2017 will be recognized
under the Plan.
The Plan is amended and restated effective January 1, 2017, as set forth herein.

1

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Exhibit 10.1

ARTICLE I. DEFINITIONS AND CONSTRUCTION
Section 1.01. Definitions. The following terms have the meanings indicated below
unless the context in which the term is used clearly indicates otherwise:
(a)    Actuarial Equivalent or Actuarially Equivalent: A benefit of equivalent
actuarial value, determined by assuming payment made or commencing on the
Calculation Date and determined on the basis of the following interest and
mortality assumptions:
(1)
Pension Restoration Benefit.

(A)
For purposes of converting from a single sum payment to a single life annuity
without survivor benefits (“SLA”), or from a SLA to a single sum payment, the
interest rate and mortality table specified under the Retirement Plan that is
determined pursuant to Code Section 417(e)(3) and that is used under the
Retirement Plan for purposes of converting a SLA into a single sum benefit
amount or a single sum benefit amount into a SLA (the “417(e)(3) Rates”).

(B)
For purposes of converting from a SLA to a one hundred eighty (180) month period
certain installment benefit, a seven percent (7%) interest rate and the
1983 Group Annuity Mortality Table (Unisex).

(C)
For purposes of converting from a SLA to a joint and fifty percent (50%)
surviving Spouse annuity or to any optional form of annuity distribution that is
available to the Participant, the interest, mortality or other factors that
would be used for such purposes if the Pension Restoration Benefit were being
paid under the Retirement Plan.

(2)
Supplemental Retirement Benefit.

(A)
For purposes of calculating the offset under Section 4.03(a)(2)(B), the
417(e)(3) Rates.

(B)
For purposes of converting from the one hundred eighty (180) month period
certain installment benefit to a single sum benefit, the interest rate component
of the 417(e)(3) Rates, but with no mortality assumption or adjustment.

(C)
For purposes of converting from the one hundred eighty (180) month period
certain installment benefit to an annuity benefit, or for purposes of the early
commence reduction described in Section 6.03(a)(2)(B), a seven percent (7%)
interest rate and the 1983 Group Annuity Mortality Table (Unisex).

(3)
Defined Contribution Restoration and SERP Benefit.

(A)
For purposes of converting from a single sum benefit to a SLA, the
417(e)(3) Rates.

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Exhibit 10.1

(B)
For purposes of converting from a SLA to another form of annuity payment or to a
one hundred eighty (180) month period certain installment benefit, a seven
percent (7%) interest rate and the 1983 Group Annuity Mortality Table (Unisex).

(b)    Affiliate: For all purposes of the Plan other than Article VI, a
corporation, trade or business that, with the Company, constitutes a controlled
group of corporations or a group of trades or businesses under common control
within the meaning of Code Section 414(b) and (c); provided that Code
Section 414(b) and (c) shall be applied by substituting “at least fifty percent
(50%)” for “at least eighty percent (80%)” each place it appears therein.
(c)    Age/Service Point Contributions: The non‑elective contributions that
(i) are made by the Company or an Affiliate to the Qualified Defined
Contribution Plan, (ii) are not contingent upon the Participant having made
contributions to such plan, and (iii) the amount of which is based on the sum of
the Participant’s age and years of service.
(d)    Beneficiary: The person or entity designated by a Participant to be his
or her beneficiary for purposes any death benefit that may become payable under
Sections 3.06 or 4.07. If a Participant designates his or her Spouse as a
beneficiary, such beneficiary designation (to the extent it relates to the
Spouse) shall become null and void on the date the Committee obtains actual
written notice of the Participant’s divorce or legal separation from such
Spouse; provided that neither the Plan nor Committee shall be liable to any
Beneficiary for the payments that have been made to such spouse prior to the
date the Committee is notified in writing of such divorce or legal separation
from such spouse. If a valid designation of beneficiary is not in effect at the
time of the Participant’s death, the estate of the Participant is deemed to be
the sole beneficiary. If a beneficiary dies while entitled to receive
distributions, any remaining payments shall be paid to the contingent
beneficiary designated by the Participant. If payments have been made to a
beneficiary or beneficiaries following the Participant’s death and all
beneficiaries and contingent beneficiaries designated by the Participant die
prior to receiving all of the benefits payable on behalf of the Participant, any
remaining payments due in accordance with the terms of the Plan shall be paid to
the estate of the beneficiary or contingent beneficiary who last received
payments under the Plan. If all beneficiaries and contingent beneficiaries
designated by the Participant die prior to receiving any payments from the Plan,
any benefits payable on behalf of the Participant shall be paid to the estate of
the Participant. Beneficiary designations shall be in writing, filed with the
Committee, and in such form as the Committee may prescribe for this purpose.
(e)    Board: The Board of Directors of the Company.
(f)    Calculation Date: The first day of the month following the month in which
occurs the Participant’s Separation from Service.
(g)    Cause: Termination by the Company or an Affiliate of a Participant’s
employment in connection with or following a Change in Control of the Company
(as defined in Section 6.02) shall be limited to the following:
(i)
the engaging by the Participant in intentional conduct not taken in good faith
which has caused demonstrable and serious financial injury to the Company and/or
an Affiliate, as evidenced by a determination in a binding and final judgment,
order or decree of a court or administrative agency of competent jurisdiction,
in effect after exhaustion or lapse of all rights of appeal, in an action, suit
or proceeding, whether civil, criminal, administrative or investigative;

(ii)
conviction of a felony (as evidenced by binding and final judgment, order or
decree of a court of competent jurisdiction, in effect after exhaustion of all
rights of appeal) which substantially impairs the Participant’s ability to
perform his or her duties or responsibilities;

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Exhibit 10.1

(iii)
continuing willful and unreasonable refusal by the Participant to perform the
Participant’s duties or responsibilities (unless significantly changed without
the Participant’s consent); or

(iv)
material violation of the Company’s Code of Conduct.

(h)    Chief Executive Officer: The Chief Executive Officer of WEC Energy Group,
Inc.
(i)    Code: The Internal Revenue Code of 1986, as interpreted by regulations
and rulings issued pursuant thereto, all as amended and in effect from time to
time. Any reference to a specific provision of the Code shall be deemed to
include a reference to any successor provision thereto.
(j)    Committee: An internal administrative committee appointed by the Chief
Executive Officer to administer the Plan in accordance with Article VII. Prior
to the Merger Date, the Committee was the Compensation Committee of the Board.
(k)    Company: Integrys Holding, Inc. and any successor to all or substantially
all of the Company's assets or business. Prior to the Merger Date, the Company
was known as Integrys Energy Group, Inc. Prior to February 21, 2007, the Company
was known as WPS Resources Corporation.
(l)    Credited Service: A Participant’s credited service for benefit accrual
purposes that (1) with respect to periods prior to January 1, 2013, is
recognized under the Retirement Plan for purposes of calculating the amount of
the Participant’s benefit under that plan, and (2) with respect to periods after
December 31, 2012 and before January 1, 2018, would have been recognized under
the Retirement Plan if the Retirement Plan had continued to recognize benefit
accrual service. Employment after December 31, 2017 will not be recognized as
Credited Service for purposes of this Plan.
(m)    Deferred Compensation Plan: The WEC Energy Group Executive Deferred
Compensation Plan, as amended and in effect from time to time, or any successor
to such plan. With respect to periods before January 1, 2017, Deferred
Compensation Plan refers to the Integrys Energy Group, Inc. Deferred
Compensation Plan.
(n)    Employee: A common law employee of a Participating Employer who is a
management or highly compensated employee, as those terms are defined for
purposes of the “top‑hat” rules of ERISA.
(o)    ERISA: The Employee Retirement Income Security Act of 1974, as
interpreted by regulations and rulings issued pursuant thereto, all as amended
and in effect from time to time. Any reference to a specific provision of ERISA
shall be deemed to include a reference to any successor provision thereto.
(p)    Merger Date: The date of the closing of the Agreement and Plan of Merger
dated as of June 22, 2014, between Integrys Energy Group, Inc. and Wisconsin
Energy Corporation, which is June 29, 2015.
(q)    Offset Amount: The sum of (i) the Participant’s qualified and
non-qualified plan balances, as of the Calculation Date applicable to the
Participant, that are attributable to Age/Service Point Contributions (but not
employer matching contributions) to the Qualified Defined Contribution Plan and
all Special Defined Contribution Credits allocated to the Participant under the
Deferred Compensation Plan with respect to the 2013–2017 calendar years, in all
cases including any investment gains or losses through the Calculation Date on
such contributions or credits, and (ii) any Age/Service Point Contributions to
the Qualified Defined Contribution Plan and any Special Defined Contribution
Credits to the Deferred Compensation Plan that will be allocated after the
Calculation Date but the amount of which is determinable as of the Calculation
Date (without any adjustment for investment gains or losses on such amounts).
(r)    Participant: An Employee who is eligible to participate in the Deferred
Compensation Plan (or any successor plan thereto); provided (i) that the Pension
Restoration Benefit Component of the Plan is limited to those Participants who
are covered under the Retirement Plan, (ii) except as otherwise provided by the
Committee, an Employee of Integrys Energy Services, Inc. (or a subsidiary
thereof) who is employed in a non‑officer position, even

4

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Exhibit 10.1

though designated for participation in the Deferred Compensation Plan, shall not
be eligible for the Pension Restoration Benefit Component of the Plan if the
Employee is covered under an employment contract or agreement that excludes the
Employee from receiving pension restoration, supplemental retirement or similar
restoration benefits or credits, or the Employee is covered under an employment
contract or agreement that references the Employee’s eligibility for deferred
compensation generally but that does not specifically provide for the
Participant as being eligible for pension restoration, supplemental retirement
or similar restoration benefits or credits, and (iii) the Supplemental
Retirement Benefit component of the Plan is limited to those Employees who were
designated for participation for that component prior to April 1, 2008.
Effective for the 2017 calendar year only, an Employee shall become eligible to
participate in the Pension Restoration Benefit component of the Plan only if the
Employee (i) was hired prior to January 1, 2008; and (ii) is either eligible to
participate in the WEC Energy Group Short‑Term Performance Plan or is eligible
for a Group B award under the WEC Energy Group Annual Incentive Pay Plan for
Non‑Executives. Effective April 1, 2008, no additional Employees will become
Participants in the Supplemental Retirement Benefit component of the Plan.
Effective January 1, 2018, no additional Employees will become Participants in
the Pension Restoration Benefit component of the Plan.
(s)    Participating Employer: The Company and each Affiliate that participates
in the Plan for the benefit of one or more Participants. Effective as of the
Merger Date, the following Affiliates are Participating Employers: Peoples
Energy LLC, The Peoples Gas Light and Coke Company, North Shore Gas Company,
WEC Business Services, LLC (with respect to only former employees of Integrys
Business Support, LLC), Michigan Gas Utilities Corporation, Minnesota Energy
Resources Corporation, Wisconsin Public Service Corporation, Integrys
Transportation Fuels, LLC.
(t)    Payment Date: The Payment Date is the date on which payment of a
Participant’s vested benefit is made (if paid as a single sum) or commences (if
paid in installments or as a monthly annuity). Prior to the administrative
change made on or about October 1, 2017, the Payment Date is the last business
day of the seventh month following the month in which the Participant's
Separation from Service occurs and all benefits are paid on the last business
day of the month. Effective on or about October 1, 2017, for administrative
purposes, the Payment Date will be the first business day of the seventh month
following the month in which the Participant's Separation from Service occurs
and all future benefit payments will be paid on the first business day of the
month. The administrative change in the prior sentence is required in connection
with a change in the third‑party entity processing Plan payments and is made in
accordance with Treasury Regulation Section 1.409A‑3(d), which allows payments
to be made up to 30 days prior to a designated payment date without being
treated as accelerated payments, provided that the Participant is not permitted,
directly or indirectly to designate the taxable year of the payment.
(u)    Pension Restoration Benefit: The benefit described in Article III.
(v)    Plan: The Integrys Energy Group, Inc. Pension Restoration and
Supplemental Retirement Plan, as from time to time amended and in effect.
(w)    Qualified Defined Contribution Plan: The WEC Energy Group Retirement
Savings Plan, as amended and in effect from time to time, or any successor to
such plan. With respect to periods before September 14, 2016, Qualified Defined
Contribution Plan refers to the Integrys Energy Group 401(k) Plan for
Administrative Employees.
(x)    Regular Monthly Payment: A Participant’s normal monthly installment or
annuity payment amount determined as of the Calculation Date in accordance with
the terms of the Plan, without regard to the Retroactive Benefit Payment or
interest on the Retroactive Benefit Payment.

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Exhibit 10.1

(y)    Retirement Plan: Part A or C (whichever is applicable to the Participant)
of the legacy Integrys Energy Group Retirement Plan. Effective January 1, 2017,
the Integrys Energy Group Retirement Plan was split into six separate plans,
five of which contain benefits for participants from legacy Part A or Part C.
With respect to periods on and after January 1, 2017, Retirement Plan refers to
the following retirement plan, as amended and in effect from time to time, or
any successor thereto, that is applicable to a Participant:
▪
Part A of the WEC Energy Group Retirement Plan for Wisconsin Public Service
Corporation;

▪
Part A of the WEC Energy Group Retirement Plan for WEC Business Services;

▪
Part B of the WEC Energy Group Retirement Plan for WEC Business Services;

▪
Part A of the WEC Energy Group Retirement Plan for Integrys Holding;

▪
Part A of the WEC Energy Group Retirement Plan for Michigan Gas Utilities
Corporation; or

▪
Part A of the WEC Energy Group Retirement Plan for Minnesota Energy Resources
Corporation.

(z)    Retroactive Benefit Payment: The sum of the Regular Monthly Payments that
would have been made during the period beginning with the month in which occurs
the Calculation Date and ending with the month preceding the month in which
occurs the Payment Date.
(aa)    Separation from Service: A Participant’s Separation from Service occurs
when the Company (and its Affiliates) and the Participant reasonably anticipate
that no further services (either as an employee or as an independent contractor)
will be performed by the Participant for the Company (or an Affiliate) after a
certain date, or that the level of bona fide services the Participant will
perform for the Company (or the Affiliate) after such date (either as an
employee or as an independent contractor) will permanently decrease to no more
than twenty percent (20%) of the average level of bona fide services performed
by the Participant (whether as an employee or independent contractor) for the
Company or an Affiliate over the immediately preceding thirty‑six (36) month
period (or such lesser period of actual services). A Participant is not
considered to have incurred a Separation from Service if the Participant is
absent from active employment due to military leave, sick leave or other
bona fide leave of absence and if the period of such leave does not exceed the
greater of (i) six (6) months, or (ii) the period during which the Participant’s
right to reemployment by the Company or an Affiliate is provided either by
statute or by contract; provided that if the leave of absence is due to a
medically determinable physical or mental impairment that can be expected to
result in death or last for a continuous period of not less than six (6) months,
where such impairment causes the Participant to be unable to perform the duties
of his or her position of employment or any substantially similar position of
employment, the leave may be extended for up to twenty‑nine (29) months without
causing a Separation from Service.
(bb)    Special Defined Contribution Credits: In the case of a Participant who
is in the limited class of Participants who are eligible for participation in
the Supplemental Retirement Benefit component of the Plan, the credits made to a
Participant’s account under Sections 3.05, 3.06 and 3.07 of the Deferred
Compensation Plan with respect to the 2013‑2017 calendar years, together with
investment gains or losses thereon. Special Defined Contribution Credits are
determined by reference to the calendar year to which the Special Defined
Contribution Credit relates, which might be different than the calendar year in
which the Special Defined Contribution Credit is physically allocated to the
Participant’s account, e.g., the age/service restoration credit for the
2012 calendar year is not a Special Defined Contribution Credit even though the
credit was physically allocated in early 2013, and conversely, the age/service
restoration credit for the 2017 calendar year will be a Special Defined
Contribution Credit even though the credit will be physically allocated in
early 2018. Effective as of January 1, 2016, Special Defined Contribution
Credits are no longer made under the Plan because the limited class of
Participants eligible for these credits have terminated employment with the
Company and its Affiliates.
(cc)    Spouse: A person to whom the Participant is legally married.
(dd)    Supplemental Retirement Benefit: The benefit described in Article IV.

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Exhibit 10.1

(ee)    Trust: Any fund created by a rabbi trust agreement established by the
Company referencing this Plan, as amended from time to time.
Section 1.02. Construction and Applicable Law.
(a)    Wherever any words are used in the masculine, they shall be construed as
though they were used in the feminine in all cases where they would so apply;
and wherever any words are use in the singular or the plural, they shall be
construed as though they were used in the plural or the singular, as the case
may be, in all cases where they would so apply. Titles of articles and sections
are for general information only, and the Plan is not to be construed by
reference to such items.
(b)    This Plan is intended to be a plan of deferred compensation maintained
for a select group of management or highly compensated employees as that term is
used in ERISA, and shall be interpreted so as to comply with the applicable
requirements thereof. In all other respects, the Plan is to be construed and its
validity determined according to the laws of the State of Wisconsin, without
regard to the principle of conflict of laws, to the extent such laws are not
preempted by federal law. Any action for benefits under the Plan or to enforce
the terms of the Plan shall be heard in the State of Wisconsin by the court with
jurisdiction over the claim. In case any provision of the Plan is held illegal
or invalid for any reason, the illegality or invalidity will not affect the
remaining parts of the Plan, but the Plan shall, to the extent possible, be
construed and enforced as if the illegal or invalid provision had never been
inserted.

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Exhibit 10.1

ARTICLE II. PAYMENT ELECTIONS
Section 2.01. General Rules.
(a)    Participant Payment Elections. A Participant’s vested benefits are
distributed based upon the Participant’s payment election (or deemed payment
election).
(b)    Coordinated Distribution of Pension Restoration Benefit, Supplemental
Retirement Benefit and Certain Deferred Compensation Benefits. With respect to
any Participant who has been designated for participation in both the Pension
Restoration Benefit and the Supplemental Retirement Benefit components of the
Plan, the Participant makes a single benefit payment election (or deemed
election) that governs the form and time of distribution of (1) the Pension
Restoration Benefit, (2) the Supplemental Retirement Benefit, and (3) the
Special Defined Contribution Credits. The Participant is not able to make
separate elections with respect to each of these benefits.
Section 2.02. Participant Payment Election.
(a)    Payment Election as to Form of Payment. Each Participant who became a
Participant prior to January 1, 2009 and whose participation is limited to the
Pension Restoration Benefit Component of the Plan shall make a payment election
whether to receive his or her vested Pension Restoration Benefit either as (i) a
single sum cash payment, or (ii) an annuity distribution. Each Participant who
became a Participant prior to January 1, 2009 and who participates in both the
Pension Restoration Benefit and the Supplemental Retirement Benefit components
of the Plan shall make a single payment election whether to receive his or her
vested benefits either as (i) a single sum cash payment, (ii) a one hundred
eighty (180) month period certain installment payment, or (iii) an annuity
distribution. The Participant’s single payment election will govern the
distribution of the Participant’s vested Pension Restoration Benefit, the
Participant’s vested Supplemental Retirement Benefit, and if the Participant has
received Special Defined Contribution Credits, the portion of the Participant’s
vested Account balance that is attributable to Special Defined Contribution
Credits. A Participant who becomes a Participant after December 31, 2008 shall
be deemed to have elected a single sum distribution, and such a Participant may
not otherwise make a payment election.
(b)    Annuity Distribution. A Participant who has elected (or is deemed to have
elected) the annuity payment option is not required to elect the specific form
of annuity at the time of making the payment election, so long as the available
forms of annuity distribution are actuarially equivalent for purposes of Code
Section 409A. If the available forms of annuity distribution are actuarially
equivalent for purposes of Code Section 409A, the Participant may choose the
specific form of monthly annuity at any time prior to the Calculation Date, in
accordance with rules prescribed by the Committee. Additional rules regarding
annuity benefit distribution are set forth in Sections 3.05 and 4.06.
(c)    Date of Payment Election. In the case of an Employee who becomes a
Participant prior to January 1, 2009, the payment election must be made on or
before December 31, 2008. The election on file (or deemed to be on file) for
such Participant at December 31, 2008 will be the Participant’s payment
election. All payment elections must be made in such form and in accordance with
such rules prescribed by the Committee or its delegate.
(d)    Default Payment Election. If a Participant fails to make such a payment
election within the prescribed period, the Participant will be deemed to have
elected to receive a single sum distribution; provided that in the case of a
Participant who participates in both the Pension Restoration Benefit and the
Supplemental Retirement Benefit components of the Plan, the Participant’s
benefit election on file at December 31, 2008, even if originally made only with
respect to the Pension Restoration Benefit, shall be deemed to be the
Participant’s payment election both with respect to the Pension Restoration
Benefit and the Supplemental Retirement Benefit (and if the Participant has
received Special Defined Contribution Credits, the portion of the Participant’s
vested Account balance that is attributable to Special Defined Contribution
Credits).

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Exhibit 10.1

(e)    Irrevocability of Payment Election. A Participant’s payment election (or
deemed payment election) is irrevocable.

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Exhibit 10.1

ARTICLE III. PENSION RESTORATION BENEFIT
Section 3.01. Eligibility. An Employee is eligible for the Pension Restoration
Benefit if:
(a)    The Employee is eligible for participation in the Pension Restoration
Benefit component of the Plan and the Employee, in accordance with
Section 1.01(r), has become a Participant in the Pension Restoration Benefit
component of the Plan; and
(b)    The Participant is covered under and has a vested entitlement to a
retirement benefit from the Retirement Plan.
Section 3.02. Pension Restoration Benefit Formula. The Pension Restoration
Benefit accrued by an eligible Participant is determined as of the Calculation
Date and, when expressed in the form of a life annuity without survivor benefits
commencing with a payment for the month in which occurs the Calculation Date, is
equal to the difference between (a) and (b) below:
(a)    The monthly retirement benefit that would be payable to the Participant
under the Retirement Plan if the benefit were determined by applying all of the
terms and conditions of the Retirement Plan, except for the following
modifications or assumptions:
(1)    The benefit is paid in the form of a life annuity without survivor
benefits, regardless of the form of benefit actually elected by the Participant
under the Retirement Plan;
(2)    The benefit is paid commencing with a payment for the month in which
occurs the Calculation Date, regardless of the Participant’s actual date of
benefit commencement under the Retirement Plan and regardless of the Payment
Date applicable to the Participant under this Plan;
(3)    The benefit is calculated as if base salary and annual incentive (but not
long‑term incentive) amounts deferred by the Participant under the Deferred
Compensation Plan (or a different nonqualified deferred compensation plan
sponsored by an Affiliate) had been paid to the Participant as current
compensation in the year of the deferral;
(4)    The benefit is calculated as if the compensation limitation of
Section 401(a)(17) of the Code and the maximum benefit limitation of Section 415
of the Code did not apply.
(b)    The monthly retirement benefit that would be payable to the Participant
under the Retirement Plan if the benefit were determined in accordance with the
modifications or assumptions described in Section 3.02(a)(1) and (2) above, but
otherwise applying all of the terms and conditions of the Retirement Plan. For
this purpose, the Participant’s benefit under the Retirement Plan shall be
determined by attributing to the Participant any portion of the Retirement Plan
benefit that is assigned to an alternate payee pursuant to a domestic relations
order.
Section 3.03. Distribution of Single Sum Benefits. If the Participant’s Pension
Restoration Benefit is payable in a single sum, distribution will be made in
accordance with the following rules:
(a)    Time of Payment. The single sum payment will be calculated as of the
Calculation Date but paid on the Payment Date.
(b)    Amount of Single Sum Benefit. The single sum cash payment shall be equal
to the sum of (1) an amount that, as of the Calculation Date, is Actuarially
Equivalent to the Participant’s Pension Restoration Benefit as calculated under
Section 3.02 above. For a married Participant, the single sum benefit does not
include the value of

10

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Exhibit 10.1

any surviving Spouse benefit that would be paid if the Participant had instead
elected an annuity benefit, i.e., the single sum benefit is Actuarially
Equivalent to the single life annuity with no survivor benefits. The payment to
be made on the Payment Date will equal the sum of (1) the single sum amount
determined, as of the Calculation Date, in accordance with the preceding
sentence, and (2) interest on the single sum amount from the last day of the
month in which occurs the Calculation Date through the last day of the month
preceding the month in which the Payment Date occurs. Interest under clause (2)
above, for the period through the last day of the month in which occurs the six
(6) month anniversary of the Participant’s Separation from Service, shall be
determined at the 417(e)(3) Rate (first segment rate) in effect under the
Retirement Plan for the calendar year in which occurs the Calculation Date.
(c)    Death Prior to Payment Date. This Section 3.03 applies only if the
Participant is alive on the Payment Date. If the Participant dies prior to the
Payment Date, the benefits (if any) payable following the Participant’s death
shall be determined in accordance with Section 3.06.
Section 3.04. Distribution of 180 Month Period Certain Installment Benefit. If
the Participant’s Pension Restoration Benefit is payable as a one hundred eighty
(180) month period certain installment benefit (in accordance with Section 2.02,
only certain Participants are eligible for this form of payment), distribution
will be made in accordance with the following rules:
(a)    Time of Payment. The one hundred eighty (180) month period certain
installment benefit will be calculated as of the Calculation Date but paid
beginning on the Payment Date.
(b)    Amount of Each Installment. The amount of each monthly installment shall
be determined by converting the Participant’s Pension Restoration Benefit as
calculated under Section 3.02 above into an Actuarially Equivalent one hundred
eighty (180) month period certain installment benefit. For a married
Participant, the one hundred eighty (180) month period certain installment
benefit does not include the value of any surviving Spouse benefit that would be
paid if the Participant had instead elected an annuity benefit, i.e., the one
hundred eighty (180) month period certain installment benefit is Actuarially
Equivalent to the single life annuity with no survivor benefits. The payment
made on the Payment Date will include (1) the Regular Monthly Payment for the
month in which occurs the Payment Date, (2) the Retroactive Benefit Payment, and
(3) interest on each monthly installment that constitutes part of the
Retroactive Benefit Payment for the period from the date on which such
installment would have been paid had monthly payments commenced with a payment
on the last day of the month that includes the Calculation Date through the last
day of the month preceding the month in which the Payment Date occurs. Following
the payment on the Payment Date, payments to the eligible Participant in an
amount equal to the Regular Monthly Payment shall continue until a total of one
hundred eighty (180) monthly payments have been made; provided that for purposes
of determining whether a total of one hundred eighty (180) monthly payments have
been made, the payment made on the Payment Date will be treated as consisting of
seven (7) payments. Interest under clause (3) above, for the period through the
last day of the month in which occurs the six (6) month anniversary of the
Participant’s Separation from Service, shall be determined at the 417(e)(3) Rate
(first segment rate) in effect under the Retirement Plan for the calendar year
in which occurs the Calculation Date. For example, if the Participant incurs a
Separation from Service on December 31, 2009, the Calculation Date is January 1,
2010, the first payment would have been made on January 31, 2010 if payment had
commenced with a payment for the month that includes the Calculation Date, and
the Payment Date will be July 31, 2010. Interest on each monthly installment
that constitutes part of the Retroactive Benefit Payment for the period from the
date on which the monthly installment otherwise would have been paid through the
Payment Date will be credited at the 2010 417(e)(3) Rate (first segment rate) in
effect under the Retirement Plan.
(c)    Death Prior to Payment Date. This Section 3.04 applies only if the
Participant is alive on the Payment Date. If the Participant dies prior to the
Payment Date, the benefits (if any) payable following the Participant’s death
shall be determined in accordance with Section 3.06.
Section 3.05. Distribution of Annuity Benefits. If the Participant’s Pension
Restoration Benefit is payable as an annuity, distribution will be made in
accordance with the following rules:
(a)    Normal Form of Distribution. If the Participant has elected (or is deemed
to have elected) an annuity form of distribution, then payment for an unmarried
Participant will be made in accordance with subsection (a)(1) below, and payment
for a married Participant, unless the Participant has validly elected payment in
an alternate form

11

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Exhibit 10.1

of annuity payment in accordance with subsection (b) below, will be made in
accordance with subsection (a)(2) below:
(1)    Unmarried Participant. If the Participant is not married on the
Calculation Date, distribution will be in the form of a monthly single life
annuity in the amount determined under Section 3.02. Monthly payments will
commence on the Payment Date applicable to the Participant and will continue
until and including a payment for the month in which occurs the Participant’s
death.
(2)    Married Participant. If the Participant is married on the Calculation
Date, distribution will be in the form of a joint and fifty percent (50%)
survivor annuity with the Participant’s Spouse as of the Calculation Date as the
sole contingent annuitant. Monthly payments under the joint and fifty percent
(50%) survivor annuity will commence on the Payment Date applicable to the
Participant and will continue until and including a payment for the month in
which occurs the Participant’s death. If the Participant predeceases the Spouse
to whom he or she was married on the Calculation Date, fifty percent (50%) of
the Regular Monthly Payment Amount applicable to the Participant during his or
her lifetime shall continue during the remaining lifetime of such Spouse. The
Regular Monthly Payment Amount payable to the Participant during his or her
lifetime will be the amount determined under Section 3.02 reduced, in order to
reflect the cost of the survivor benefit, in the same manner as the benefit
would be reduced under the Retirement Plan if the benefit were being paid to the
Participant under the Retirement Plan.
(b)    Alternate Forms of Annuity Distribution. In lieu of the normal form of
payment applicable under subsection (a) above, a Participant who has in effect
an election of the annuity payment method, may elect, in accordance with such
conditions as may be established by the Committee, to receive payment in an
alternate form of annuity that would be available to the Participant under the
Retirement Plan if the Pension Restoration Benefit were being paid to the
Participant under the Retirement Plan rather than under this Plan. The alternate
form of annuity distribution shall be calculated by converting the monthly
benefit amount determined under Section 3.02 into a payment in such alternate
annuity form, with the conversion accomplished by using the adjustment factors
that would be used under the Retirement Plan for purposes of converting from the
normal form of benefit to an alternate form of annuity if the Pension
Restoration Benefit were being paid to the Participant under the Retirement
Plan. If the Participant elects payment in an alternate form of annuity that
provides surviving Spouse benefits following the Participant’s death, the
surviving Spouse benefits will be paid to the Spouse to whom the Participant is
married on the Calculation Date. The Participant’s election of an alternate form
of annuity must be made prior to the Calculation Date, and becomes irrevocable
on the Calculation Date.
(c)    Regular Monthly Payments and the Retroactive Benefit Payment. The payment
made on the Payment Date will include (1) the Regular Monthly Payment for the
month in which occurs the Payment Date, (2) the Retroactive Benefit Payment, and
(3) interest on each monthly installment that constitutes part of the
Retroactive Benefit Payment for the period from the date on which such
installment would have been paid had monthly payments commenced with a payment
on the last day of the month that includes the Calculation Date through the last
day of the month preceding the month in which the Payment Date occurs. Each
subsequent monthly payment to the Participant will be an amount equal to the
Regular Monthly Payment. Interest under clause (3) above, for the period through
the last day of the month in which occurs the six (6) month anniversary of the
Participant’s Separation from Service, shall be determined at the 417(e)(3) Rate
(first segment rate) in effect under the Retirement Plan for the calendar year
in which occurs the Calculation Date.
(d)    Death Prior to Payment Date. This Section 3.05 applies only if the
Participant is alive on the Payment Date. If the Participant dies prior to the
Payment Date, the benefits (if any) payable following the Participant’s death
shall be determined in accordance with Section 3.06.

12

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Exhibit 10.1

Section 3.06. Death Benefits. The form and time of benefit distribution is
irrevocably established at the earlier to occur of (1) the Payment Date (which,
in accordance with Section 1.409A‑3(b) of the Income Tax Regulations, is an
objectively determinable and nondiscretionary date that is based upon the
Participant’s Separation from Service and that is fixed at the time of the
Participant’s Separation from Service), and (2) the date of the Participant’s
death.
(a)    Death Prior to Payment Date. If a Participant who is eligible for a
Pension Restoration Benefit dies prior to the Payment Date (including a
Participant who is eligible for a Pension Restoration Benefit who dies during
employment), the Participant’s Beneficiary will receive a single sum payment
equal to the single sum payment to which the Participant would have been
entitled to as of the Calculation Date if the Participant had in effect a single
sum payment election under Article II (regardless of the election actually made
by the Participant), together with interest, at the 417(e)(3) Rate (first
segment rate) from the last day of the month in which occurs the Calculation
Date through the last day of the month preceding the month in which payment to
the Beneficiary is made.
(b)    Death on or After the Payment Date.
(1)    Death After Commencement of Installment Payments. If the Participant’s
benefit is being distributed as a one hundred eighty (180) month period certain
installment benefit and the Participant dies on or after the Payment Date, i.e.,
on or after the date on which installment distributions to the Participant have
begun, but prior to the date on which one hundred eighty (180) payments have
been made, monthly installment distributions to the Beneficiary (at the same
time as payments to the Participant would have been made) shall continue until
the total number of monthly installments paid to the Beneficiary, when
aggregated with the number of monthly installments paid to the Participant prior
to his or her death, equals one hundred eighty (180).
(2)    Death After Commencement of Annuity Payments. If the Participant’s
benefit is being distributed as an annuity and the Participant dies on or after
the Payment Date, i.e., on or after the date on which payment of Plan benefits
has actually begun, the only benefits payable following the Participant’s death
shall be those (if any) payable under the form of annuity distribution in which
the Participant’s benefit was being paid. Thus, for example, if the Participant
was receiving payments in the form of a single life annuity, no further benefits
are payable following the Participant’s death. Similarly, if the Participant was
receiving benefits in the form of a joint and fifty percent (50%) surviving
Spouse annuity, the only benefits payable following the Participant’s death
shall be those payable pursuant to the fifty percent (50%) survivor feature of
the annuity benefit, to the Spouse (if still living) to whom the Participant was
married on the Calculation Date. There is no guarantee that the total amount of
benefits received by the Participant (and if applicable, the Participant’s
surviving Spouse) under an annuity form of distribution will be at least equal
to the amount that would have been paid to the Participant if the Participant
had elected distribution in a single sum or in installments.

13

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Exhibit 10.1

ARTICLE IV. SUPPLEMENTAL RETIREMENT BENEFIT
Section 4.01. Eligibility. Except as provided in Section 6.03(c), an Employee is
eligible for the Supplemental Retirement Benefit if:
(a)    The Committee, prior to April 1, 2008, has designated the Employee for
participation in the Supplemental Retirement Benefit component of the Plan, and
the Employee, in accordance with Section 1.01(r), has become a Participant in
the Supplemental Retirement Benefit component of the Plan; and
(b)    Except as provided in Section 4.07 with respect to a Participant whose
Separation from Service is caused by the Participant’s death, the Participant’s
Separation from Service occurs after the Participant has attained fifty‑five
(55) years of age and after the Participant has completed at least ten (10)
years of Credited Service.
Section 4.02. Final Average Earnings.
(a)    For purposes of calculating a Participant’s Supplemental Retirement
Benefit, “Final Average Earnings” means one thirty‑sixth (1/36th) of the base
salary and annual (but not long‑term) incentive, determined prior to reduction
for contributions made at the Participant’s election to a plan or arrangement
under Section 125 or 401(k) of the Code and prior to reduction for elective
deferral contributions under the Deferred Compensation Plan (or a different
nonqualified deferred compensation plan sponsored by an Affiliate), paid to the
Participant by the Company or a participating Affiliate during whichever of the
following periods produces the higher average:
(1)    The month during which occurs the Participant’s Separation from Service
and the immediately preceding thirty‑five (35) months; or
(2)    the three calendar years preceding the calendar year in which occurs the
Participant’s Separation from Service.
(b)    Notwithstanding subsection (a), the Committee, in its sole discretion,
may adjust a Participant’s Final Average Earnings if the Committee determines
that such action is necessary or desirable in order to effectuate the intent of
this Plan, including, without limitation, an adjustment to exclude one or more
annual incentive payments from the calculation of the Participant’s Final
Average Earnings where application of the foregoing definition would result in
the Participant receiving credit for more than three annual incentive awards in
the calculation of Final Average Earnings as a result of differences in the
timing of payments of such awards.
(c)    Notwithstanding subsections (a) and (b), for any Participant who
continues to be employed by the Company or a participating Affiliate on and
after December 31, 2017, the Participant’s Final Average Earnings will be
determined as of December 31, 2017 as if the Participant had incurred a
Separation from Service on that date. Salary, incentive or other compensation
paid to the Participant after December 31, 2017 will not be recognized.
Section 4.03. Supplemental Retirement Benefit Formula.
(a)    Participants With 15 or More Years of Credited Service. The Supplemental
Retirement Benefit for a Participant who satisfies the eligibility requirements
of Section 4.01 and who has fifteen (15) or more years of Credited Service as of
the date of Separation from Service is determined as of the Calculation Date
and, when expressed in the form of a one hundred eighty (180) month period
certain installment benefit, is equal to the difference between (1) and (2)
below:
(1)
Sixty percent (60%) of the Participant’s Final Average Earnings, minus

14

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Exhibit 10.1

(2)
The sum of (A) and (B):

(A)
The monthly aggregate annuity benefit (not including any temporary Pension
Supplement) that the Participant is or would be entitled to receive under the
Retirement Plan and the Pension Restoration Benefit component of this Plan if
such benefits were paid, commencing with a payment for the month in which occurs
the Calculation Date, in the form of a single life annuity without survivor
benefits, i.e., the Participant’s actual benefit election, and the form in which
and time at which those benefits under those plans are actually payable, shall
be disregarded. For purposes of this paragraph (A), the monthly aggregate
annuity benefit that the Participant is or would be entitled to receive under
the Retirement Plan and the Pension Benefit Restoration component of this Plan
shall be determined by attributing to the Participant any portion of the benefit
that is assigned to an alternate payee pursuant to a domestic relations order;
and

(B)
The monthly annuity benefit that could be purchased if the Participant’s Offset
Amount is converted into an Actuarially Equivalent single life annuity, without
survivor benefits, commencing with a payment for the month in which occurs the
Calculation Date. For purposes of this paragraph (B), the monthly annuity
benefit that could be purchased with the Participant’s Offset Amount shall be
determined by attributing to the Participant any portion of the Offset Amount
that has been assigned to an alternate payee pursuant to a domestic relations
order.

(b)    Participants With 10 But Less Than 15 Years of Credited Service. The
Supplemental Retirement Benefit of a Participant who satisfies the eligibility
requirements of Section 4.01 and who has at least ten (10) but less than fifteen
(15) years of Credited Service shall be determined in accordance with
subsection (a) above, with the exception that the benefit percentage used in
subsection (a)(1) above shall be reduced from sixty percent (60%) to the
percentage determined in accordance with the following schedule:
Full Years of Credited Service
Applicable Benefit Percentage
14
13
12
11
10
56%
52%
48%
44%
40%

(c)    Reduction for Early Commencement. If the Calculation Date applicable to
the Participant’s Supplemental Retirement Benefit is prior to the Participant’s
attainment of age sixty‑two (62), the monthly benefit as calculated under this
Section 4.03 shall be reduced by one quarter of one percent (0.25%) for each
month by which the Calculation Date precedes the month in which the Participant
will attain sixty‑two (62) years of age.

15

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Exhibit 10.1

Section 4.04. Distribution of Single Sum Benefits. If the Participant’s
Supplemental Retirement Benefit is payable in a single sum, distribution will be
made in accordance with the following rules:
(a)    Time of Payment. The single sum payment will be calculated as of the
Calculation Date but paid on the Payment Date.
(b)    Amount of Single Sum Benefit. The single sum cash payment shall be equal
to the sum of (1) an amount that, as of the Calculation Date, is Actuarially
Equivalent to the Participant’s one hundred eighty (180) month period certain
installment Supplemental Retirement Benefit as calculated under Section 4.03
above. The payment to be made on the Payment Date will equal the sum of (1) the
single sum amount determined, as of the Calculation Date, in accordance with the
preceding sentence, and (2) interest on the single sum amount from the last day
of the month in which occurs the Calculation Date through the last day of the
month preceding the month in which the Payment Date occurs. Interest under
clause (2) above, for the period through the last day of the month in which
occurs the six (6) month anniversary of the Participant’s Separation from
Service, shall be determined at the 417(e)(3) Rate (first segment rate) in
effect under the Retirement Plan for the calendar year in which occurs the
Calculation Date.
(c)    Death Prior to Payment Date. This Section 4.04 applies only if the
Participant is alive on the Payment Date. If the Participant dies prior to the
Payment Date, the benefits (if any) payable following the Participant’s death
shall be determined in accordance with Section 4.07.
Section 4.05. Distribution of 180 Month Period Certain Installment Benefit. If
the Participant’s Supplemental Retirement Benefit is payable as a one hundred
eighty (180) month period certain installment benefit, distribution will be made
in accordance with the following rules:
(a)    Time of Payment. The one hundred eighty (180) month period certain
installment benefit will be calculated as of the Calculation Date but paid
beginning on the Payment Date.
(b)    Amount of Each Installment. The amount of each monthly installment shall
be the amount determined under Section 4.03 above. The payment made on the
Payment Date will include (1) the Regular Monthly Payment for the month in which
occurs the Payment Date, (2) the Retroactive Benefit Payment, and (3) interest
on each monthly installment that constitutes part of the Retroactive Benefit
Payment for the period from the date on which such installment would have been
paid had monthly payments commenced with a payment on the last day of the month
that includes the Calculation Date through the last day of the month preceding
the month in which the Payment Date occurs. Following the payment on the Payment
Date, payments to the eligible Participant in an amount equal to the Regular
Monthly Payment shall continue until a total of one hundred eighty (180) monthly
payments have been made; provided that for purposes of determining whether a
total of one hundred eighty (180) monthly payments have been made, the payment
made on the Payment Date will be treated as consisting of seven (7) payments.
Interest under clause (3) above, for the period through the last day of the
month in which occurs the six (6) month anniversary of the Participant’s
Separation from Service, shall be determined at the 417(e)(3) Rate (first
segment rate) in effect under the Retirement Plan for the calendar year in which
occurs the Calculation Date.
(c)    Death Prior to Payment Date. This Section 4.05 applies only if the
Participant is alive on the Payment Date. If the Participant dies prior to the
Payment Date, the benefits (if any) payable following the Participant’s death
shall be determined in accordance with Section 4.07.
Section 4.06. Distribution of Annuity Benefits. If the Participant’s
Supplemental Retirement Benefit is payable as an annuity, distribution will be
made in accordance with the following rules:
(a)    Calculation of Monthly Annuity Amount. The amount of the monthly annuity
benefit is determined, as of the Calculation Date, by converting the one hundred
eighty (180) month period certain installment benefit under Section 4.03 into an
Actuarially Equivalent annuity benefit in the form of annuity applicable to the
Participant (the same form of annuity in which the Participant’s Pension
Restoration Benefit will be distributed). If the Participant is married and
receiving payment in the form of a joint and survivor annuity, the Supplemental

16

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Exhibit 10.1

Retirement Plan survivor benefit is not actuarially subsidized, even though the
Participant may receive an actuarial subsidy with respect to the Pension
Restoration Benefit survivor benefit.
(b)    Regular Monthly Payments and the Retroactive Benefit Payment. The payment
made on the Payment Date will include (1) the Regular Monthly Payment for the
month in which occurs the Payment Date, (2) the Retroactive Benefit Payment, and
(3) interest on each monthly installment that constitutes part of the
Retroactive Benefit Payment for the period from the date on which such
installment would have been paid had monthly payments commenced with a payment
on the last day of the month that includes the Calculation Date through the last
day of the month preceding the month in which the Payment Date occurs. Each
subsequent monthly payment to the Participant will be an amount equal to the
Regular Monthly Payment. Interest under clause (3) above, for the period through
the last day of the month in which occurs the six (6) month anniversary of the
Participant’s Separation from Service, shall be determined at the 417(e)(3) Rate
(first segment rate) in effect under the Retirement Plan for the calendar year
in which occurs the Calculation Date.
(c)    Death Prior to Payment Date. This Section 4.06 applies only if the
Participant is alive on the Payment Date. If the Participant dies prior to the
Payment Date, the benefits (if any) payable following the Participant’s death
shall be determined in accordance with Section 4.07.
Section 4.07. Death Benefits. The form and time of benefit distribution is
irrevocably established at the earlier to occur of (1) the Payment Date (which,
in accordance with Section 1.409A‑3(b) of the Income Tax Regulations, is an
objectively determinable and nondiscretionary date that is based upon the
Participant’s Separation from Service and that is fixed at the time of the
Participant’s Separation from Service), and (2) the date of the Participant’s
death.
(a)    Death Prior to Payment Date. If a Participant who has been designated for
participation in the Supplemental Retirement Benefit component of the Plan dies
prior to the Payment Date (including a Participant who dies during employment)
but after having completed ten (10) or more years of Credited Service, the
Participant’s Beneficiary will receive a single sum payment equal to the single
sum payment to which the Participant would have been entitled to as of the
Calculation Date if the Participant had in effect a single sum payment election
under Article II (regardless of the election actually made by the Participant),
together with interest, at the 417(e)(3) Rate (first segment rate), from the
last day of the month in which occurs the Calculation Date through the last day
of the month preceding the month in which payment to the Beneficiary is made. If
a Participant who has been designated for participation in the Supplemental
Retirement Benefit component of the Plan dies prior to the Payment Date
(including a Participant who dies during employment) and prior to completing
ten (10) or more years of Credited Service, no benefit is payable.
(b)    Death on or After the Payment Date.
(1)    Death After Commencement of Installment Payments. If the Participant’s
benefit is being distributed as a one hundred eighty (180) month period certain
installment benefit and the Participant dies on or after the Payment Date, i.e.,
on or after the date on which installment distributions to the Participant have
begun, but prior to the date on which one hundred eighty (180) payments have
been made, monthly installment distributions to the Beneficiary (at the same
time as payments to the Participant would have been made) shall continue until
the total number of monthly installments paid to the Beneficiary, when
aggregated with the number of monthly installments paid to the Participant prior
to his or her death, equals one hundred eighty (180).
(2)    Death After Commencement of Annuity Payments. If the Participant’s
benefit is being distributed as an annuity and the Participant dies on or after
the Payment Date, i.e., on or after the date on which payment of Plan benefits
has actually begun, the only benefits payable following the Participant’s death
shall be those (if any) payable under the form of annuity distribution in which
the Participant’s benefit was being paid. Thus, for example, if the Participant
was receiving payments in the form of a single life annuity, no

17

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Exhibit 10.1

further benefits are payable following the Participant’s death. Similarly, if
the Participant was receiving benefits in the form of a joint and fifty percent
(50%) surviving Spouse annuity, the only benefits payable following the
Participant’s death shall be those payable pursuant to the fifty percent (50%)
survivor feature of the annuity benefit, to the Spouse (if still living) to whom
the Participant was married on the Calculation Date. There is no guarantee that
the total amount of benefits received by the Participant (and if applicable, the
Participant’s surviving Spouse) under an annuity form of distribution will be at
least equal to the amount that would have been paid to the Participant if the
Participant had elected distribution in a single sum or installments.

18

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Exhibit 10.1

ARTICLE V. SPECIAL DEFINED CONTRIBUTION CREDITS
Section 5.01. Application. Effective as of January 1, 2016, Special Defined
Contribution Credits are no longer made under the Plan because the limited class
of Participants eligible for these credits have terminated employment with the
Company and its Affiliates.
Section 5.02. Distribution In Accordance With This Plan. If a Participant has a
vested benefit attributable to Special Defined Contribution Credits, that
benefit will be distributed in accordance with the terms of this Plan and the
Participant’s payment election (or deemed payment election) under this Plan,
even though the Special Defined Contribution Credits are, for recordkeeping
purposes, credited under the Deferred Compensation Plan.
Section 5.03. Distribution of Single Sum Benefits. If the Participant’s vested
account balance that is attributable to Special Defined Contribution Credits is
payable in a single sum, distribution will be made in accordance with the
following rules:
(a)    Time of Payment. The single sum payment will be paid on the Payment Date.
(b)    Amount of Single Sum Benefit. The single sum cash payment shall be equal
to the Participant’s vested account balance under the Deferred Compensation Plan
that is attributable to Special Defined Contribution Credits, including all
investment gain or loss under the Deferred Compensation Plan through the
Valuation Date (as defined in the Deferred Compensation Plan) immediately
preceding the date on which the distribution is processed for payment.
(c)    Death Prior to Payment Date. This Section 5.03 applies only if the
Participant is alive on the Payment Date. If the Participant dies prior to the
Payment Date, the benefits (if any) payable following the Participant’s death
shall be determined in accordance with Section 5.06.
Section 5.04. Distribution of 180 Month Period Certain Installment Benefit. If
the Participant’s vested account balance that is attributable to Special Defined
Contribution Credits is payable as a one hundred eighty (180) month period
certain installment benefit, distribution will be made in accordance with the
following rules:
(a)    Time of Payment. The one hundred eighty (180) month period certain
installment benefit will be calculated as of the Calculation Date but paid
beginning on the Payment Date.
(b)    Amount of Each Installment. The amount of the monthly annuity benefit is
determined, as of the Calculation Date, by converting the Participant’s vested
account balance, as of the Calculation Date, under the Deferred Compensation
Plan that is attributable to Special Defined Contribution Credits, into an
Actuarially Equivalent one hundred eighty (180) month period certain installment
benefit. The actuarial conversion shall be accomplished by first converting the
Participant’s vested account balance into a single life annuity without survivor
benefits, and then converting the single life annuity into a one hundred eighty
(180) month period certain installment benefit. The payment made on the Payment
Date will include (1) the Regular Monthly Payment for the month in which occurs
the Payment Date, (2) the Retroactive Benefit Payment, and (3) interest on each
monthly installment that constitutes part of the Retroactive Benefit Payment for
the period from the date on which such installment would have been paid had
monthly payments commenced with a payment on the last day of the month that
includes the Calculation Date through the last day of the month preceding the
month in which the Payment Date occurs. Following the payment on the Payment
Date, payments to the eligible Participant in an amount equal to the Regular
Monthly Payment shall continue until a total of one hundred eighty (180) monthly
payments have been made; provided that for purposes of determining whether a
total of one hundred eighty (180) monthly payments have been made, the payment
made on the Payment Date will be treated as consisting of seven (7) payments.
Interest under clause (3) above, for the period through the last day of the
month in which occurs the six (6) month anniversary of the Participant’s
Separation from Service, shall be determined at the 417(e)(3) Rate (first
segment rate) in effect under the Retirement Plan for the calendar year in which
occurs the Calculation Date. Because the amount of each installment payment is
calculated on an Actuarially Equivalent basis as of the Calculation Date, and
because interest is paid on each monthly installment that constitutes the
Retroactive Benefit Payment, the Participant’s Special

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Exhibit 10.1

Defined Contribution Account under the Deferred Contribution Plan is not
credited with investment gain or loss under the Deferred Compensation Plan after
the Calculation Date.
(c)    Death Prior to Payment Date. This Section 5.04 applies only if the
Participant is alive on the Payment Date. If the Participant dies prior to the
Payment Date, the benefits (if any) payable following the Participant’s death
shall be determined in accordance with Section 5.06.
Section 5.05. Distribution of Annuity Benefits. If the Participant’s vested
account balance that is attributable to Special Defined Contribution Credits is
payable as an annuity, distribution will be made in accordance with the
following rules:
(a)    Calculation of Monthly Annuity Amount. The amount of the monthly annuity
benefit is determined, as of the Calculation Date, by converting the
Participant’s vested account balance, as of the Calculation Date, under the
Deferred Compensation Plan that is attributable to Special Defined Contribution
Credits into an Actuarially Equivalent annuity benefit in the form of annuity
applicable to the Participant (the same form of annuity in which the
Participant’s Pension Restoration Benefit will be distributed). The actuarial
conversion shall be accomplished by first converting the Participant’s vested
account balance into a single life annuity without survivor benefits, and then,
if the Participant’s benefit is being paid in a form of annuity other than a
single life annuity without survivor benefits, converting the single life
annuity into such other form of annuity in which the Participant’s benefit will
be paid. If the Participant is married and receiving payment in the form of a
joint and survivor annuity, the Supplemental Retirement Plan survivor benefit is
not actuarially subsidized, even though the Participant may receive an actuarial
subsidy with respect to the Pension Restoration Benefit survivor benefit.
(b)    Regular Monthly Payments and the Retroactive Benefit Payment. The payment
made on the Payment Date will include (1) the Regular Monthly Payment for the
month in which occurs the Payment Date, (2) the Retroactive Benefit Payment, and
(3) interest on each monthly installment that constitutes part of the
Retroactive Benefit Payment for the period from the date on which such
installment would have been paid had monthly payments commenced with a payment
on the last day of the month that includes the Calculation Date through the last
day of the month preceding the month in which the Payment Date occurs. Each
subsequent monthly payment to the Participant will be an amount equal to the
Regular Monthly Payment. Interest under clause (3) above, for the period through
the last day of the month in which occurs the six (6) month anniversary of the
Participant’s Separation from Service, shall be determined at the 417(e)(3) Rate
(first segment rate) in effect under the Retirement Plan for the calendar year
in which occurs the Calculation Date. Because the amount of the monthly payment
is calculated on an Actuarially Equivalent basis as of the Calculation Date, and
because interest is paid on each monthly payment that constitutes the
Retroactive Benefit Payment, the Participant’s Special Defined Contribution
Account under the Deferred Contribution Plan is not credited with investment
gain or loss under the Deferred Compensation Plan after the Calculation Date.
(c)    Death Prior to Payment Date. This Section 5.05 applies only if the
Participant is alive on the Payment Date. If the Participant dies prior to the
Payment Date, the benefits (if any) payable following the Participant’s death
shall be determined in accordance with Section 5.06.
Section 5.06. Death Benefits. The form and time of benefit distribution is
irrevocably established at the earlier to occur of (1) the Payment Date (which,
in accordance with Section 1.409A‑3(b) of the Income Tax Regulations, is an
objectively determinable and nondiscretionary date that is based upon the
Participant’s Separation from Service and that is fixed at the time of the
Participant’s Separation from Service), and (2) the date of the Participant’s
death.
(a)    Death Prior to Payment Date. If a Participant who has a vested benefit
attributable to Special Defined Contribution Credits dies prior to the Payment
Date (including a Participant who is eligible for such benefits and who dies
during employment), the Participant’s Beneficiary will receive a single sum
payment equal to the single sum payment to which the Participant would have been
entitled to if the Participant had in effect a single sum payment election under
Article II (regardless of the election actually made by the Participant).

20

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Exhibit 10.1

(b)    Death on or After the Payment Date.
(1)    Death After Commencement of Installment Payments. If the Participant’s
benefit is being distributed as a one hundred eighty (180) month period certain
installment benefit and the Participant dies on or after the Payment Date, i.e.,
on or after the date on which installment distributions to the Participant have
begun, but prior to the date on which one hundred eighty (180) payments have
been made, monthly installment distributions to the Beneficiary (at the same
time as payments to the Participant would have been made) shall continue until
the total number of monthly installments paid to the Beneficiary, when
aggregated with the number of monthly installments paid to the Participant prior
to his or her death, equals one hundred eighty (180).
(2)    Death After Commencement of Annuity Payments. If the Participant’s
benefit is being distributed as an annuity and the Participant dies on or after
the Payment Date, i.e., on or after the date on which payment of Plan benefits
has actually begun, the only benefits payable following the Participant’s death
shall be those (if any) payable under the form of annuity distribution in which
the Participant’s benefit was being paid. Thus, for example, if the Participant
was receiving payments in the form of a single life annuity, no further benefits
are payable following the Participant’s death. Similarly, if the Participant was
receiving benefits in the form of a joint and fifty percent (50%) surviving
Spouse annuity, the only benefits payable following the Participant’s death
shall be those payable pursuant to the fifty percent (50%) survivor feature of
the annuity benefit, to the Spouse (if still living) to whom the Participant was
married on the Calculation Date. There is no guarantee that the total amount of
benefits received by the Participant (and if applicable, the Participant’s
surviving Spouse) under an annuity form of distribution will be at least equal
to the amount that would have been paid to the Participant if the Participant
had elected distribution in a single sum or in installments.

21

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Exhibit 10.1

ARTICLE VI. SPECIAL RULES APPLICABLE IN THE EVENT OF A CHANGE IN CONTROL OF THE
COMPANY
Section 6.01. Application. Effective as of the Merger Date, a Change in Control
has occurred and the provisions in this Article VI effective upon a Change in
Control shall apply to the Plan.
Section 6.02. Definitions. For purposes of this Article VI, the following terms
shall have the following respective meanings:
(a)    The “Act” means the Securities Exchange Act of 1934, as amended.
(b)    An “Affiliate” of, or a person “affiliated” with, a specified person is a
person that directly, or indirectly through one or more intermediaries,
controls, or is controlled by, or is under common control with, the person
specified and the term “Associate” used to indicate a relationship with any
person, means (1) any corporation or organization (other than the registrant or
a majority‑owned subsidiary of the registrant) of which such person is an
officer or partner or is, directly or indirectly, the beneficial owner of
10 percent or more of any class of equity securities, (2) any trust or other
estate in which such person has a substantial beneficial interest or as to which
such person serves as trustee or in a similar fiduciary capacity, and (3) any
relative or Spouse of such person, or any relative of such Spouse, who has the
same home as such person or who is a director or officer of the registrant or
any of its parents or subsidiaries.
(c)    A person shall be deemed to be the “Beneficial Owner” of any securities:
(1)    which such Person or any of such Person’s Affiliates or Associates has
the right to acquire (whether such right is exercisable immediately or only
after the passage of time) pursuant to any agreement, arrangement, or
understanding, or upon the exercise of conversion rights, exchange rights,
warrants or options, or otherwise; provided, however, that a Person shall not be
deemed the Beneficial Owner of, or to beneficially own, (A) securities tendered
pursuant to a tender or exchange offer made by or on behalf of such Person or
any of such Person’s Affiliates or Associates until such tendered securities are
accepted for purchase or (B) securities issuable upon exercise of any rights
agreement that the Company may have in effect at any time before the issuance of
such securities;
(2)    which such Person or any of such Person’s Affiliates or Associates,
directly or indirectly, has the right to vote or dispose of or has “beneficial
ownership” of (as determined pursuant to Rule 13d‑3 of the General Rules and
Regulations under the Act, including pursuant to any agreement, arrangement or
understanding; provided, however, that a Person shall not be deemed the
Beneficial Owner of, or to beneficially own, any security under this
subparagraph (2) as a result of an agreement, arrangement or understanding to
vote such security if the agreement, arrangement or understanding: (A) arises
solely from a revocable proxy or consent given to such Person in response to a
public proxy or consent solicitation made pursuant to, and in accordance with,
the applicable rules and regulations under the Act and (B) is not also then
reportable on a Schedule 13D under the Act (or any comparable or successor
report); or
(3)    which are beneficially owned, directly or indirectly, by any other Person
with which such Person or any of such Person’s Affiliates or Associates has any
agreement, arrangement or understanding for the purpose of acquiring, holding,
voting (except pursuant to a revocable proxy as described in Section 6.02(c)(2)
above) or disposing of any voting securities of the Company.

22

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Exhibit 10.1

(d)    A “Change in Control of the Company” shall be deemed to have occurred if:
(1)    any Person (other than any employee benefit plan of the Company or any
subsidiary of the Company, any Person organized, appointed or established
pursuant to the terms of any such benefit plan or any trustee, administrator or
fiduciary of such a plan) is or becomes the Beneficial Owner of securities of
the Company representing at least 30% of the combined voting power of the
Company’s then outstanding securities;
(2)    one‑half or more of the members of the Board are not Continuing
Directors;
(3)    there shall be consummated any merger, consolidation, or reorganization
of the Company with any other corporation as a result of which less than 50% of
the outstanding voting securities of the surviving or resulting entity are owned
by the former shareholders of the Company other than a shareholder who is an
Affiliate or Associate of any party to such consolidation or merger;
(4)    there shall be consummated any merger of the Company or share exchange
involving the Company in which the Company is not the continuing or surviving
corporation other than a merger of the Company in which each of the holders of
the Company’s common stock immediately prior to the merger have the same
proportionate ownership of common stock of the surviving corporation immediately
after the merger;
(5)    there shall be consummated any sale, lease, exchange or other transfer
(in one transaction or a series of related transactions) of all, or
substantially all, of the assets of the Company to a Person which is not a
wholly owned subsidiary of the Company; or
(6)    the shareholders of the Company approve any plan or proposal for the
liquidation or dissolution of the Company.
(e)    “Continuing Directors” means (1) any member of the Board of Directors of
the Company who was a member of such Board on the effective date of this
amendment and restatement, (2) any successor of a Continuing Director who is
recommended to succeed a Continuing Director by a majority of the Continuing
Directors then on such Board, and (3) additional directors elected or
recommended for membership by a majority of the Continuing Directors then on
such Board.
(f)    “Person” means any individual, firm, partnership, corporation or other
entity, including any successor (by merger or otherwise) of such entity, or a
group of any of the foregoing acting in concert; provided that in the case of a
merger, consolidation or reorganization of the Company with any other
corporation or a share exchange involving the Company, the shareholder of the
other corporation that is a party to the merger, consolidation, reorganization
or share exchange shall not be considered to be acting in concert for purposes
of applying subsection (d)(1).
Section 6.03. Special Provisions Following Change in Control. Upon and following
the occurrence of a Change in Control of the Company, the provisions of this
Section 6.03 shall be operative, notwithstanding any provision of the Plan to
the contrary.
(a)    A Participant who (1) has been designated as being eligible to
participate in the Supplemental Retirement Benefit component of the Plan, but
(2) the Participant’s employment with the Company and its Affiliates is
involuntarily terminated for other than Cause (or, in the case of a Participant
who has in effect an employment, retention, change in control, severance or
similar agreement with the Company or any Affiliate that provides for

23

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Exhibit 10.1

“good reason” termination and the Participant, in accordance with such
agreement, terminates employment or service for “good reason”) within two years
following the date of the Change in Control by the Company prior to becoming
eligible for a Supplemental Retirement Benefit under Article IV, shall
nevertheless be entitled to a Supplemental Retirement Benefit if (1) the
Participant has a vested benefit entitlement under the Retirement Plan, and
(2) the Participant has completed five (5) or more years of Credited Service as
of the date of his or her Separation from Service.
(1)    If the Participant has attained age fifty‑five (55) as of the date of his
or her Separation from Service, the benefit shall be calculated and paid as
described in Articles II and IV, with the exception that with respect to any
Participant who has completed at least five (5) but fewer than ten (10) years of
Credited Service, the applicable benefit percentage for purposes of
Section 4.03(a)(1) shall be determined in accordance with the schedule set forth
in subparagraph (3) below.
(2)    If the Participant has not attained age fifty‑five (55) as of the date of
his or her Separation from Service, the benefit shall be calculated and paid as
described in Articles II and IV, with the exception that:
(A)
With respect to any Participant who has completed at least five (5) but fewer
than ten (10) years of Credited Service, the applicable benefit percentage for
purposes of Section 4.03(a)(1) shall be determined in accordance with the
schedule set forth in subparagraph (3) below;

(B)
In addition to the early commencement reduction specified in Section 4.03(c)
that applies between the ages of fifty‑five (55) and sixty‑two (62), the benefit
calculated under Section 4.03 shall be further reduced to an Actuarially
Equivalent amount to reflect benefit commencement prior to the Participant’s
attainment of age fifty‑five (55). This is the benefit amount if the benefit is
paid in the form of a one hundred eighty (180) month period certain installment
benefit; and

(C)
If the benefit is paid other than as a one hundred eighty (180) month period
certain installment benefit, the benefit shall be further adjusted to convert
the one hundred eighty (180) month period certain installment benefit into an
Actuarial Equivalent benefit is the form of distribution applicable to the
Participant under Article II.

(3)    If the Participant has completed at least five (5) but less than ten (10)
years of Credited Service as of the date of his or her termination of
employment, the applicable benefit percentage for purposes of Section 4.03(a)(1)
shall be determined in accordance with the following schedule:
Full Years of Credited Service
Applicable Benefit Percentage
9
8
7
6
5
36%
32%
28%
24%
20%

24

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Exhibit 10.1

(4)    For purposes of applying Section 4.07, the reference to “ten (10) years
of Credited Service” shall be replaced with the phrase “five (5) years of
Credited Service” each place it appears.
(b)    The Board or the Committee may at any time amend the Plan consistent with
Section 7.05 to modify the terms and conditions applicable to (or otherwise
eliminate) benefits that would otherwise accrue on or after the Amendment Date.
(c)    Prior to the occurrence of a Change in Control, the Board or the
Committee may exercise its authority under Section 7.05 to amend or terminate
the Plan. This may include, without limitation, the passage of a resolution that
terminates the Plan, regardless of whether such resolution is adopted in
anticipation of a Change in Control. On or after the date on which a Change in
Control, any amendment to the Plan or action to terminate the Plan that is not
described in subsection (b) above shall be effective only with the written
consent of the Participant (or in the case of a deceased Participant, the
Participant’s Beneficiary).
(d)    The term “Amendment Date” means the date on which an amendment to the
Plan is validly adopted or the date on which the amendment is or purports to be
effective, whichever is later.
Section 6.04. Maximum Payment Limitation.
(a)    Except as provided in subsection (b) below, if any portion of the
payments or benefits described in this Plan or under any other agreement with or
plan of the Company or its Affiliates (in the aggregate, “Total Payments”),
would constitute an “excess parachute payment” that is subject to the tax
imposed by Section 4999 of the Code, then the Total Payments to be made to the
Participant shall be reduced such that the value of the aggregate Total Payments
that the Participant is entitled to receive shall be one dollar ($1) less than
the maximum amount which the Participant may receive without becoming subject to
the tax imposed by Section 4999 of the Code. The terms “excess parachute
payment” and “parachute payment” shall have the meanings assigned to them in
Section 280G of the Code, and such “parachute payments” shall be valued as
provided therein. Present value shall be calculated in accordance with
Section 280G(d)(4) of the Code. Within forty (40) days following delivery of
notice by the Company to the Participant of its belief that there is a payment
or benefit due the Participant which will result in an excess parachute payment
as defined in Section 280G of the Code, the Participant and the Company, at the
Company’s expense, shall obtain the opinion (which need not be unqualified) of
nationally recognized tax counsel selected by the Company’s independent auditors
and acceptable to the Participant in the Participant’s sole discretion (which
may be regular outside counsel to the Company), which opinion sets forth (A) the
amount of the base period income, (B) the amount and present value of Total
Payments and (C) the amount and present value of any excess parachute payments
determined without regard to the limitations of this Section. As used in this
Section, the term “base period income” means an amount equal to the
Participant’s “annualized includible compensation for the base period” as
defined in Section 280G(d)(1) of the Code. For purposes of such opinion, the
value of any noncash benefits or any deferred payment or benefit shall be
determined by the Company’s independent auditors in accordance with the
principles of Sections 280G(d)(3) and (4) of the Code, which determination shall
be evidenced in a certificate of such auditors addressed to the Company and the
Participant. Such opinion shall be addressed to the Company and the Participant
and shall be binding upon the Company and the Participant. If such opinion
determines that there would be an excess parachute payment, the payments
hereunder that are includible in Total Payments or any other payment or benefit
determined by such counsel to be includible in Total Payments shall be reduced
or eliminated so that there will be no excess parachute payment. Such reduction
will be achieved by reducing or eliminating payments or benefits in the manner
that produces the highest economic value to the Participant; provided that in
the event it is determined that the foregoing methodology for reduction would
violate Section 409A of the Code, the reduction shall be made pro rata among the
benefits and/or payments (on the basis of the relative present value of the
parachute payments). If such legal counsel so requests in connection with the
opinion required by this Section, the Participant and the Company shall obtain,
at the Company’s expense, and the legal counsel may rely on in providing the
opinion, the advice of a firm of recognized executive compensation consultants
as to the reasonableness of any item of compensation to be received by the
Participant. If the provisions of Sections 280G and 4999 of the Code are
repealed without succession, then this Section shall be of no further force or
effect.

25

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Exhibit 10.1

(b)    The provisions of subsection (a) above shall not apply to a Participant
whose employment is governed by an employment contract that provides for Total
Payments in excess of the limitation described in subsection (a) above.
Section 6.05. Resolution of Disputes. If, after a Change in Control, (1) a
dispute arises with respect to the enforcement of the Participant’s rights under
the Plan, or (2) any legal proceeding shall be brought to enforce or interpret
any provision contained in the Plan or to recover damages for breach of the
Plan, in either case so long as the Participant is not acting in bad faith or
otherwise pursuing a course of action that a reasonable person would determine
to be frivolous, the Participant shall recover from the Company any reasonable
attorneys’ fees and necessary costs and disbursements incurred as a result of
such dispute or legal proceeding (“Expenses”), and prejudgment interest on any
money judgment obtained by the Participant calculated at the rate of interest
announced by US Bank Milwaukee, Milwaukee, Wisconsin (or any successor thereto),
from time to time as its prime or base lending rate from the date that payments
to the Participant should have been made under this Plan. Within ten (10) days
after the Participant’s written request therefore and reasonable substantiation
that such expenses have been incurred (but in no event later than the end of the
calendar year following the calendar year in which such Expense is incurred),
the Company shall pay to the Participant, or such other person or entity as the
Participant may designate in writing to the Company, the Participant’s Expenses.
The reimbursement shall be made even though a final disposition or conclusion of
the dispute or legal proceeding has not been entered. In the case of a deceased
Participant, this Section shall apply with respect to the Participant’s
Beneficiary or estate.

26

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Exhibit 10.1

ARTICLE VII. GENERAL PROVISIONS
Section 7.01. Administration. The Committee shall administer and interpret the
Plan and supervise preparation of Participant elections, forms, and any
amendments thereto. The Committee may, in its discretion, delegate any or all of
its authority and responsibility. To the extent of any such delegation, any
references herein to the Committee shall be deemed references to such delegee.
Interpretation of the Plan shall be within the sole discretion of the Committee
and shall be final and binding upon each Participant and Beneficiary. The
Committee may adopt and modify rules and regulations relating to the Plan as it
deems necessary or advisable for the administration of the Plan. If any delegee
of the Committee shall also be an eligible Participant or Beneficiary, any
determinations affecting the delegee’s participation in the Plan shall be made
by the Committee. The Plan shall be interpreted to comply with the requirements
of Section 409A of the Code with respect to any benefit that is subject to the
requirements of such Section of the Code.
Section 7.02. Claims Procedures.
(a)    If a Participant, Spouse or Beneficiary (the “claimant”) believes that he
is entitled to a benefit under the Plan that is not provided, the claimant or
his or her legal representative shall file a written claim for such benefit with
the Committee no later than ninety (90) days after the first payment is made (or
should have been made) in accordance with the terms of the Plan or under
Regulations issued by the Secretary of the Treasury under Code Section 409A. If
the Committee denies the claim, it shall deliver to the claimant, within one
hundred thirty‑five (135) days of the date the first payment to the Participant
was made (or should have been made) in accordance with the terms of the Plan or
under Regulations issued by the Secretary of the Treasury under
Code Section 409A, a written notice to the claimant of such denial. The written
notice shall include the specific reason(s) for the denial; reference to
specific Plan provisions upon which the denial is based; a description of any
additional material or information necessary for the claimant to perfect the
claim and an explanation of why such material or information is necessary; and a
description of the Plan’s review procedures (as set forth in subsection (b)) and
the time limits applicable to such procedures, including a statement of the
claimant’s right to bring a civil action under section 502(a) of ERISA following
an adverse determination upon review.
(b)    The claimant has the right to appeal the Committee’s decision by filing a
written appeal with the Committee. Notice of the appeal must be received by the
Committee no later than one hundred eighty (180) days after the first payment is
made (or should have been made) in accordance with the terms of the Plan or
under Regulations issued by the Secretary of the Treasury under
Code Section 409A. The claimant will have the opportunity, upon request and free
of charge, to have reasonable access to and copies of all documents, records and
other information relevant to the claimant’s appeal. The claimant may submit
written comments, documents, records and other information relating to his or
her claim with the appeal. The Committee will review all comments, documents,
records and other information submitted by the claimant relating to the claim,
regardless of whether such information was submitted or considered in the
initial claim determination. The Committee shall make a determination on the
appeal within sixty (60) days after receiving the claimant’s written appeal;
provided that the Committee may determine that an additional sixty (60)‑day
extension is necessary due to circumstances beyond the Committee’s control, in
which event the Committee shall notify the claimant prior to the end of the
initial period that an extension is needed, the reason therefore and the date by
which the Committee expects to render a decision. If the claimant’s appeal is
denied in whole or part, the Committee shall provide written notice to the
claimant of such denial. The written notice shall include the specific reason(s)
for the denial; reference to specific Plan provisions upon which the denial is
based; a statement that the claimant is entitled to receive, upon request and
free of charge, reasonable access to and copies of all documents, records, and
other information relevant to the claimant’s claim; and a statement of the
claimant’s right to bring a civil action under section 502(a) of ERISA.
(c)    Notwithstanding anything in the Plan to the contrary, and as a condition
of participating in the Plan, a Participant agrees, on behalf of the Participant
and all persons or entities that may claim through the Participant, that (1) no
claim for benefits or other legal action or legal proceeding concerning the Plan
may be brought more than one (1) year after the later of (A) the last date on
which the act or omission giving rise to the claim, legal action or other legal
proceeding occurred, or (B) the date the individual or entity bringing such
claim, legal action or other legal proceeding had knowledge (or reasonably
should have had knowledge) of the act or omission, and (2) that any

27

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Exhibit 10.1

legal action or legal proceeding concerning the Plan may only be heard in a
“bench” trial and that any right to a jury trial is waived.
Section 7.03. Participant Rights Unsecured.
(a)    The right of a Participant or his or her Beneficiary to receive a
distribution hereunder shall be an unsecured claim, and neither the Participant
nor any Beneficiary shall have any rights in or against any amount credited to
his or her Account or any other specific assets of the Company or an Affiliate.
The right of a Participant or Beneficiary to the payment of benefits under this
Plan shall not be assigned, encumbered, or transferred, except by will or the
laws of descent and distribution. The rights of a Participant hereunder are
exercisable during the Participant’s lifetime only by the Participant or the
Participant’s guardian or legal representative.
(b)    The Company may set aside assets in the Trust or authorize the creation
of another trust or other arrangements to assist in meeting the obligations
created under the Plan, subject to the restrictions on funding imposed on such
trusts by Code Section 409A(b)(3). However, any liability to any person with
respect to the Plan shall be based solely upon any contractual obligations that
may be created pursuant to the Plan. No obligation of the Company or an
Affiliate shall be deemed to be secured by any pledge of, or other encumbrance
on, any property of the Company or an Affiliate. Nothing contained in this Plan
and no action taken pursuant to its terms shall create or be construed to create
a trust of any kind, or a fiduciary relationship between the Company or an
Affiliate and any Participant or Beneficiary, or any other person, or as
providing a Participant with a right to continue employment with the Company or
any Affiliate.
Section 7.04. Tax Withholding. The Participant shall pay or make arrangements
satisfactory to the Committee regarding the payment or withholding of, any
Federal, state, local or foreign taxes of any kind required by law to be
withheld with respect to such amount. In addition, if prior to the date of
distribution of any amount hereunder, the Federal Insurance Contributions Act
(FICA) tax imposed under Code Sections 3101, 3121(a) and 3121(v)(2), where
applicable, becomes due, the Company may direct that the Participant’s benefit
be reduced by an Actuarially Equivalent amount to reflect the amount needed to
pay the Participant’s portion of such tax.
Section 7.05. Amendment or Termination of Plan.
(a)    There shall be no time limit on the duration of the Plan.
(b)    Except as otherwise limited pursuant to Section 6.03, the Company may at
any time amend the Plan by action of the Board or the Committee, including but
not limited to modifying the terms and conditions applicable to (or otherwise
eliminating) benefit accruals on or after the Amendment Date (as defined in
Section 6.03); provided, however, that no amendment or termination may reduce or
eliminate any benefit accrued to the date of such amendment. Further, the
Company’s Committee is authorized to amend the Plan to the extent that such
amendment is determined to be necessary or desirable in order to comply or
facilitate compliance with the requirements of Code Section 409A or other
applicable law; or that is otherwise desirable to promote efficient Plan
administration; provided that any such amendment shall not increase Plan
benefits or result in non-ministerial action that is prohibited under
Section 7.01.
(c)    Subject to Section 6.03, the Board may terminate the Plan in accordance
with and subject to the following provisions. Upon termination of the Plan,
future accrual of benefits shall cease.
(1)    The Board terminates the Plan within twelve (12) months of a corporate
dissolution taxed under Code Section 331, or with the approval of a bankruptcy
court pursuant to 11 U.S.C. §503(b)(1)(A), and the amounts accrued under the
Plan but not yet paid are distributed to the Participants, Spouses or
beneficiaries, as applicable, in a single sum payment, regardless of any
distribution election then in effect, by the latest of: (A) the last day of the
calendar year in which the Plan termination and liquidation occurs, (B) the last
day of the calendar year in which the amount is no longer subject to a
substantial

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Exhibit 10.1

risk of forfeiture, or (C) the last day of the first calendar year in which
payment is administratively practicable.
(2)    The Board terminates the Plan at any time during the period that begins
thirty (30) days prior and ends twelve (12) months following a Change in Control
Event (as defined for purposes of Code Section 409A), provided that all
arrangements required to be aggregated with this Plan under Code Section 409A
are terminated and liquidated with respect to each Participant that experienced
the Change in Control Event, so that all participants under similar arrangements
are required to receive all amounts of compensation deferred under the
terminated arrangements within twelve (12) months of the date of termination of
the arrangements.
(3)    The Board terminates the Plan at any other time, provided that such
termination does not occur proximate to a downturn in the financial health of
the Company or an Affiliate. In such event, all amounts accrued under the Plan
but not yet paid will be distributed to all Participants, Spouses or
beneficiaries, as applicable, in a single sum payment no earlier than
twelve (12) months (and no later than twenty‑four (24) months) after the date of
termination, regardless of any distribution election then in effect. This
provision shall not be effective unless all other plans required to be
aggregated with this Plan under Code Section 409A are also terminated and
liquidated. Notwithstanding the foregoing, any payment that would otherwise be
paid during the twelve (12)‑month period beginning on the Plan termination date
pursuant to the terms of the Plan shall be paid in accordance with such terms.
In addition, the Company or any Affiliate shall be prohibited from adopting a
similar arrangement within three (3) years following the date of the Plan’s
termination, unless any individual who was a Participant under this Plan is
excluded from participating thereunder for such three (3)‑year period.
(4)    Except as provided in paragraphs (1), (2) and (3) above or as otherwise
permitted in regulations promulgated by the Secretary of the Treasury under
Code Section 409A, any action that purports to terminate the Plan shall instead
be construed as an amendment to discontinue further benefit accruals, but the
Plan will continue to operate, in accordance with its terms as from time to time
amended in accordance with Sections 6.02 and 7.05, and in accordance with
applicable Participant elections, with respect to the Participant’s benefit
accrued through the date of termination, and in no event shall any such action
purporting to terminate the Plan form the basis for accelerating distributions
to Participants and Beneficiaries.
(5)    If single sum payments are made in accordance with this Section 7.05, the
single sum distribution amount applicable to Participant’s Pension Restoration
Benefit and Supplemental Retirement Benefit shall be determined in accordance
with Sections 3.03 and 4.04 as if the date on which the Plan will make the
single sum distributions is the Calculation Date (and the single sum
distribution amount attributable to the Participant’s Special Defined
Contribution Credits will be equal to the value of the Participant’s account
immediately prior to distribution).

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Exhibit 10.1

Section 7.06. Administrative Expenses. Costs of establishing and administering
the Plan will be paid by the Company and its Affiliates.
Section 7.07. Effect on Other Employee Benefit Plans. Benefits accrued by a
Participant under this Plan shall not be considered “compensation” for the
purpose of computing benefits under any employee benefit plan maintained by the
Company or an Affiliate.
Section 7.08. Successor and Assigns. This Plan shall be binding upon and inure
to the benefit of the Company and its Affiliates, their successors and assigns
and the Participants and their heirs, executors, administrators, and legal
representatives.
Section 7.09. Additional Section 409A Provisions.
(a)    Accelerated Distribution Following Section 409A Failure. If an amount
under this Plan is required to be included in a Participant’s income under
Code Section 409A prior to the date such amount is actually distributed, the
Participant shall receive a distribution, in a lump sum, within ninety (90) days
after the date it is finally determined that the Plan fails to meet the
requirements of Code Section 409A. The distribution shall equal the amount
required to be included in the Participant’s income as a result of such failure.
(b)    Permitted Delay in Payment. If a distribution required under the terms of
this Plan would jeopardize the ability of the Company or of an Affiliate to
continue as a going concern, the Company or the Affiliate shall not be required
to make such distribution. Rather, the distribution shall be delayed until the
first date that making the distribution does not jeopardize the ability of the
Company or of an Affiliate to continue as a going concern. Further, if any
distribution pursuant to the Plan will violate the terms of Section 16(b) of the
Securities Exchange Act of 1934 or other Federal securities laws, or any other
applicable law, then the distribution shall be delayed until the earliest date
on which making the distribution will not violate such law.
(c)    Compliance With Section 409A Transition Rules. With respect to a
Participant whose benefit is paid or commences to be paid on or before
December 31, 2008, taking into account the required six month delay in the
payment commencement date under Code Section 409A(a)(2)(B), the form and time of
distribution applicable to the Participant shall be determined in accordance
with the terms of the Plan as in effect on March 31, 2008, i.e., in accordance
with the Internal Revenue Service transition rules under Code Section 409A, the
April 1, 2008 amendment and restatement of the Plan shall not affect the form
and time of distribution for a Participant whose benefit is paid (or commences
to be paid) in 2008.
Section 7.10. Offset. The Company shall have the right to offset, without the
requirement of obtaining the consent of the Participant (or his Spouse or
Beneficiary, in the event of the Participant’s death), from the benefits payable
hereunder any amount (up to the maximum amount that may be deducted without
violating Code Section 409A) that the Participant owes to the Company or any
Affiliate.
35735447v4

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