Document:

Exhibit
10.15(b)

 

AMENDMENT NO. 1

TO THE 

CIGNA SUPPLEMENTAL 401(k) PLAN 

(Effective as of January 1, 2010)

WHEREAS, Cigna Corporation maintains the Cigna Supplemental 401(k) Plan (Effective
as of January 1, 2010) (the “Plan”) on behalf of its eligible employees; and

WHEREAS, under Section 5.5 of the
Plan, the People Resources Committee of the Board of Directors of Cigna
Corporation (the “PRC”) has retained the right to amend the Plan; and

WHEREAS, Cigna Corporation desires to make certain changes to the
Plan; and

WHEREAS, the PRC has approved these changes and has authorized Cigna
Corporation’s Senior Human Resources Officer to execute this Amendment No. 1.

            NOW, THEREFORE, effective immediately, the Plan is amended as
follows:

 

1.         Section
2.2 of the Plan is hereby amended to read, in its entirety, as follows:

 

“2.2     Participation.  Any Company employee who for any Plan Year
commencing after December 31, 2013, meets the requirements of subsections (a) 
and (b) below, shall be eligible to participate in the Plan for that Plan Year,
become a Participant as of that Plan Year, and remain a Participant until
his/her Account is completely paid under Article 4.  To be eligible to
participate in the Plan for any Plan Year, a Company employee must:

 

(a)        Either:

 

(1)        Defer, under the terms of the Deferred
Compensation Plan, Eligible Earnings otherwise payable during the Plan Year; or

 

(2)        Receive compensation during the Plan Year that
would qualify as Eligible Earnings, but for the fact that it exceeds the limit on
includable compensation under Code section 401(a)(17); or

 

(3)        Be classified as a U.S. expatriate Company employee
who is paid some percentage of compensation by the foreign host Subsidiary in
non-US currency and who is approved by the Plan Administrator to participate in
the Plan; and 

 

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(b)        Be employed by the Company on the last day of
the Plan Year, unless the employee's termination of employment during the Plan
Year is on account of death or Retirement.

             

The Plan Administrator shall establish an Account for each Participant
under the Plan as of the first Plan Year that he or she becomes a Participant.”

 

2.         Section
2.3 of the Plan is hereby amended to delete the period at the end of subsection
(b), to add “; and” immediately following the end of subsection (b), and to add
the following new subsection (c) to the end thereof to read as follows:

 

“(c)      if so determined by the Company in its sole
discretion with respect to the Account of an expatriate employee participating
in the Plan in accordance with Section 2.2(a)(3) of the Plan only, a dollar
amount equal to: 

 

(1) the amount of the total employer matching contribution
the Participant would have received under the 401(k) Plan had the amount paid
to the Participant in non-US currency been treated as Eligible Earnings (up to
the Code section 401(a)(17) limit) for that year MINUS the actual amount of the
total employer matching contribution the Participant received under the 401(k)
Plan for that year: 

 

PLUS

 

(2) 1.5% of the amount of compensation the Participant
would have received during the Plan Year, to the extent such compensation would
have been Eligible Earnings under the 401(k) Plan, but for the fact that such
compensation (i) was paid in non-US currency; and (ii) if paid in US currency,
would have been in excess of the compensation limit under Code section
401(a)(17) for that year.

 

Any compensation that is used as the basis for a credit under paragraph
(a) shall not be used as the basis for credit under paragraphs (b) or (c).” 

 

Cigna
Corporation causes this Amendment No. 1 to the Cigna Supplemental 401(k) Plan
to be executed on July 23, 2014 by its duly authorized officer.

 

 

CIGNA
CORPORATION

 

 

/s/ John M.
Murabito

John M.
Murabito

Executive Vice
President

Human
Resources and Services

 2Exhibit 10.15(c)

 

AMENDMENT NO. 2  TOTHE

CIGNA SUPPLEMENTAL
401(k) PLAN

(Effective as of
January 1, 2010)

 

WHEREAS, Cigna Corporation
maintains the Cigna Supplemental 40l(k) Plan (Effective as of January I, 20I 0)
(the "Plan") on behalf of its eligible employees;

 

WHEREAS, under Section 5.5 of
the Plan, the People Resources Committee of the Board of Directors of Cigna
Corporation (the "PRC") has retained the right to amend the Plan;

 

WHEREAS, the Board has
authorized the People Resources Committee to adopt amendments to the Plan on
its behalf, and such Committee, by resolution dated April 25, 2012, delegated
to certain officers of Cigna Corporation, including its Senior Human Resources Officer, the right to approve and adopt
certain future amendments to the Plan; 

 

WHEREAS, Cigna Corporation desires to make certain changes to the
Plan;

 

WHEREAS, Anthem,
Inc. and Cigna Corporation have entered into a definitive  agreement dated July
23, 2015 whereby Anthem, Inc. has agreed to acquire all outstanding shares of
Cigna Corporation; and 

 

WHEREAS, after due consideration and negotlat1on with Anthem, Inc.,
Cigna Corporation agreed with Anthem, Inc. to amend Section 3.3(c)(I) of the
Plan relating to "Change of Control".

 

NOW, THEREFORE, effective as of January 1, 2016, Cigna Corporation amends
the Plan as follows: 

 

Section 3.3(c)(I) is hereby deleted in its entirety and
replaced with the following:

 

"(I) (i) Except as provided
in Section 3.3(c)(I)(ii) below, for a three-year  period  beginning on the
effective date of a Change of Control, the Company (and any successor) shall
neither terminate the Plan nor stop or reduce the rate of non­ elective
deferrals described in Section 2.3. 

 

(ii) In the
event of a Change of Control that is the result of the acquisition  of  Cigna
Corporation by Anthem, Inc., pursuant to the definitive agreement dated July
23, 2015 whereby Anthem, Inc. agreed to acquire all outstanding shares of Cigna
Corporation, for the period beginning on the effective date of this Change of
Control and ending on the last day of the first full plan year immediately
following this Change of Control, the Company (and any successor) shall neither
terminate the Plan nor stop or reduce the rate of non­ elective deferrals
described in Section 2.3." 

 

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Cigna Corporation  causes 
this  Amendment  No.  2  to  the  Cigna 
Supplemental  40l(k)  Plan 
to  be executed on  December
17th  , 2015  by  its  duly 
authorized  officer. 

 

CIGNA
CORPORATION

 

 

By:    

/s/
John M. Murabito

John M. Murabito 

Executive Vice President Human Resources and
Services

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 2<BCLPAGE></BCLPAGE></BCLPAGE><BCLPAGE>

Exhibit 10.15(d)

 

AMENDMENT NO. 3

TO THE 

CIGNA SUPPLEMENTAL 401(k) PLAN 

(Effective as of January 1, 2010)

WHEREAS, Cigna Corporation maintains the Cigna Supplemental 401(k) Plan (Effective
as of January 1, 2010) (the “Plan”) on behalf of its eligible employees; and

WHEREAS, under Section 5.5 of the
Plan, the People Resources Committee of the Board of Directors of Cigna
Corporation (the “PRC”) has retained the right to amend the Plan; and

WHEREAS, the PRC, by resolution
dated April 25, 2012, delegated to certain officers of Cigna Corporation,
including its Senior Human Resources Officer, the right to approve and adopt
certain future amendments to the Plan; and

WHEREAS, Cigna Corporation desires to make certain changes to the
Plan; and

            NOW, THEREFORE, effective immediately, the Plan is amended as
follows:

 

1.         A
new paragraph is hereby added to the end of Section 2.2 of the Plan as follows:

 

“Notwithstanding anything contained in Section 2.2(b) of the Plan to the
contrary, any employee who is employed by the Company during a Plan Year but
who is employed by a subsidiary or affiliate of Cigna Corporation (regardless
of whether that subsidiary or affiliate has been authorized to participate in
the Plan) on the last day of the applicable Plan Year shall remain eligible to
participate in the Plan and to be credited with non-elective deferrals under
Section 2.3 of the Plan for the applicable Plan Year but only to the extent
that such Participant has otherwise Eligible Earnings under the Plan.”

 

2.         A
new paragraph is hereby added to the end of Section 2.3 of the Plan as follows:

 

“Notwithstanding anything contained in the Plan to the contrary, former
employees of Express Scripts Holding Company or any of its subsidiaries who
otherwise become eligible to participate in this Plan as of January 1, 2020
(“Legacy ESI Participants”), will be credited with a non-elective deferral
equal to the amount determined under Section 2.3(a) of the Plan for the 2019
Plan Year solely with respect to any annual bonus amounts earned for the 2019
Plan Year and deferred under the terms of the Express Scripts Executive
Deferred Compensation Plan.  For avoidance of any doubt, Legacy ESI
Participants will not be credited with any non-elective deferrals under the
Plan for Plan Years ending before January 1, 2020 except as set forth in the
preceding sentence.”

 

3.         Section 3.3(c) of the Plan is hereby deleted in its
entirety and replaced with the following:

 

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“(c)      If a Change of Control occurs: 

 

(1)        For a three-year period beginning on the effective
date of a Change of Control, the Company (and any successor) shall neither
terminate the Plan nor stop or reduce the rate of non-elective deferrals
described in Section 2.3; and

 

(2)        If (A) a Change of Control occurs and (B) the 401(k)
Plan’s Fixed Income Fund is no longer available as a hypothetical investment
option following such Change of Control, then the annual income earned on at
least one hypothetical fixed return guaranteed principal investment must be not
less than 50 basis points over the Ten-year Constant Treasury Maturity Yield as
reported by the Federal Reserve Board, based upon the November averages for the
preceding year.”

 

Cigna
Corporation causes this Amendment No. 3 to the Cigna Supplemental 401(k) Plan
to be executed on December 20, 2019 by its duly authorized officer.

 

 

CIGNA
CORPORATION

 

 

/s/ John M.
Murabito

John M.
Murabito

Executive Vice
President

Human
Resources and Services

 1

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