Document:

Exhibit

Exhibit 10.5
FOURTH AMENDMENT
TO THE
BANK OF AMERICA PENSION RESTORATION PLAN
(AS AMENDED AND RESTATED EFFECTIVE JANUARY 1, 2009)

Instrument of Amendment
THIS INSTRUMENT OF AMENDMENT (the “Instrument”) is executed by BANK OF AMERICA CORPORATION, a Delaware corporation with its principal office and place of business in Charlotte, North Carolina (the “Company”).
Statement of Purpose
By this Instrument, the Company is amending the Bank of America Pension Restoration Plan (Amended and Restated Effective January 1, 2009) (the “Plan”) to reflect relevant changes resulting from the merger of The Bank of America Pension Plan for Legacy Companies into The Bank of America Pension Plan.  The Company has reserved the right in Section 4.1 of the Plan to amend the Plan in whole or in part, on its own behalf and on behalf of its affiliated companies that participate in the Plan.
NOW THEREFORE, the Company hereby amends the Plan effective as of September 1, 2013: 
		
	1.
	Section 1.3 of the Plan is hereby amended to read in its entirety as follows:

“1.3    Basic Plan
Before September 1, 2013, The Bank of America Pension Plan, and on and after September 1, 2013, The Bank of America Pension Plan for Legacy Bank of America, a component document of The Bank of America Pension Plan, each as in effect from time to time.”

IN WITNESS WHEREOF, Bank of America Corporation, on behalf of all of the Participating Employers, has caused this Instrument to be duly executed on the 22 day of August, 2013.
BANK OF AMERICA CORPORATION
By:   /s/ Richard J. Hille
Richard J. Hille
Global Head of Compensation and BenefitsExhibit

Exhibit 10.6
FIFTH AMENDMENT
TO THE
BANK OF AMERICA PENSION RESTORATION PLAN
(AS AMENDED AND RESTATED EFFECTIVE JANUARY 1, 2009)

Instrument of Amendment
THIS INSTRUMENT OF AMENDMENT (the “Instrument”) is executed by BANK OF AMERICA CORPORATION, a Delaware corporation with its principal office and place of business in Charlotte, North Carolina (the “Company”).
Statement of Purpose
The Company sponsors the Bank of America Pension Restoration Plan (the “Plan”) for the benefit of its eligible employees and the eligible employees of its affiliated companies that participate in the Plan.  The provisions of the Plan are currently set forth in an instrument of the Company dated November 24, 2008, which amended and restated the Plan effective January 1, 2009, and four subsequent amendments.  The Company has reserved the right in Section 4.1 of the Plan to amend the Plan in whole or in part, on its own behalf and on behalf of its affiliated companies that participate in the Plan.  By this Instrument, the Company is further amending the Plan to reflect (i) the suspension of a participant’s or beneficiary’s ability to direct the notional investment of the portion, if any, of the participant’s or beneficiary’s Plan account attributable to credits made before January 1, 2008, while the participant or beneficiary resides in Canada and (ii) the ability to continue to direct the notional investment of the portion, if any, of a participant’s Plan account attributable to credits made before January 1, 2008 following the participant’s delink calculation date or death.  
NOW, THEREFORE, the Company hereby amends the Plan to be effective as provided herein. 
1.Effective as of September 2, 2014, the first phrase before the first comma in the first sentence of Section 2.3(b) of the Plan is hereby amended to read in its entirety as follows:
“Except as otherwise provided in subsections (d), (e) and (f) of this Section”
2.Effective as of September 2, 2014, a new subsection (f) is hereby added to Section 2.3 of the Plan to read in its entirety as follows:
		
	“(f)
	Residents of Canada: Notwithstanding any provision of the Restoration Plan to the contrary and in accordance with policies and procedures established by the Global Human Resources Group from time to time, if a Participant resides in Canada, such Participant shall not be permitted to designate the investment vehicle(s) in which the portion of the Participant's Restoration Account attributable to Restoration Credits made before January 1, 2008, if any, shall be deemed to be invested, and any such portion of the Participant’s Restoration Account shall be adjusted instead from time to time at such intervals as determined by the Global Human Resources Group based on a 10% annual rate of return, for the duration of the Participant’s residence in Canada.  

The Global Human Resources Group may determine the frequency of such adjustments by reference to the frequency of account adjustments under another plan sponsored by a Participating Employer.  If and when a Participant first commences residing in Canada, any prior designation of investment vehicle(s) previously made by the Participant shall be canceled, including any prior deemed investment in the Restoration Plan’s default investment vehicle described in Section 2.3(c) for any Participant who failed to provide investment instructions pursuant to Section 2.3(c), and the portion of the Participant's Restoration Account attributable to Restoration Credits made before January 1, 2008, if any, shall be adjusted based on a 10% annual rate of return as described in this subsection.  If and when such Participant changes the Participant’s residence and no longer resides in Canada, the Participant shall again be permitted to designate the investment vehicle(s) in which the portion of the Participant's Restoration Account attributable to Restoration Credits made before January 1, 2008, if any, shall be deemed to be invested pursuant to Section 2.3(c) and any other applicable provisions of the Restoration Plan, and unless and until the Participant affirmatively makes such a designation, such portion of the Participant’s Restoration Account shall be deemed to be invested in the default investment vehicle described in Section 2.3(c).  The provisions of this subsection also apply to a Participant’s Beneficiary following the Participant’s death and before the final payment of the directable portion, if any, of the Participant’s Restoration Plan Benefit to the Participant’s Beneficiary, if such Beneficiary resides in Canada, and the uses of the term “Participant” in the preceding sentences of this subsection shall be read to also mean “Beneficiary,” as applicable.  For the avoidance of doubt, with respect to a Participant or Beneficiary described in this subsection, the provisions of this subsection shall control the adjustment of the portion of such Participant's Restoration Account attributable to Restoration Credits made before January 1, 2008, if any, notwithstanding any provision of Sections 2.4(d)(i) and 2.7(c) to the contrary.”
3.Effective as of December 31, 2014, Section 2.4(d)(i)(B) of the Plan is hereby amended to read in its entirety as follows:
		
	“(B)
	For the portion of a Participant’s Restoration Account attributable to Restoration Credits made before January 1, 2008, if any, except as otherwise provided in Section 2.3(f), the Participant shall continue to be eligible to elect from among the available deemed investment vehicles pursuant to Section 2.3 through the last business day immediately preceding complete distribution of the Restoration Plan Benefit.”

4.Effective as of December 31, 2014, Section 2.4(d)(i)(C) of the Plan is hereby deleted from the Plan in its entirety.
5.Effective as of December 31, 2014, the last sentence in Section 2.7(c) of the Plan is hereby amended to read in its entirety as follows:
“With respect to the directable portion, if any, of the Restoration Plan Benefit, except as otherwise provided in Section 2.3(f), the Beneficiary shall continue to be able to elect from among the available deemed investment vehicles pursuant to Section 2.3 through the last business day immediately preceding the final payment of the Restoration Plan Benefit.”

IN WITNESS WHEREOF, the Company, on behalf of all of the Participating Employers, has caused this Instrument to be duly executed on the 5 day of December 2014.
BANK OF AMERICA CORPORATION
By:   /s/ Richard J. Hille
Richard J. Hille
Global Head of Compensation and BenefitsExhibit

Exhibit 10.7

SIXTH AMENDMENT
TO THE
BANK OF AMERICA PENSION RESTORATION PLAN
(AS AMENDED AND RESTATED EFFECTIVE JANUARY 1, 2009)

Instrument of Amendment
THIS INSTRUMENT OF AMENDMENT (the “Instrument”) is executed by BANK OF AMERICA CORPORATION, a Delaware corporation with its principal office and place of business in Charlotte, North Carolina (the “Company”).
Statement of Purpose
The Company sponsors the Bank of America Pension Restoration Plan (the “Plan”) for the benefit of its eligible employees and the eligible employees of its affiliated companies that participate in the Plan.  The provisions of the Plan are currently set forth in an instrument of the Company dated November 24, 2008, which amended and restated the Plan effective January 1, 2009, and five subsequent amendments thereto.  The Company has reserved the right in Section 4.1 of the Plan to amend the Plan in whole or in part, on its own behalf and on behalf of its affiliated companies that participate in the Plan.  By this Instrument, the Company is further amending the Plan to reflect the treatment of distributions that remain outstanding for long periods of time.  
NOW THEREFORE, the Company hereby further amends the Plan effective as of January 1, 2017, as follows: 
1.    The Plan hereby adopts the Bank of America Stale Check Forfeiture Policy For Certain Nonqualified Retirement and Deferred Compensation Plans and is hereby amended by adding the following as a new Appendix A: 

APPENDIX A

Bank of America Stale Check Forfeiture Policy
For Certain Nonqualified Retirement and Deferred Compensation Plans

Introduction

Bank of America Corporation (the “Company”) and its subsidiaries sponsor certain nonqualified retirement and deferred compensation plans for the benefit of eligible employees and non­employee directors (the “Plans”).  The Plans are maintained primarily for the benefit of a select group of management or highly compensated employees. 

Each of the Plans makes payment of certain benefits thereunder in cash by check or by direct deposit.  If the issuance is in the form of check, the check generally remains outstanding until the applicable payee (e.g., a 

participant) negotiates such check.  The purpose of this Bank of America Stale Check Forfeiture Policy For Certain Nonqualified Retirement and Deferred Compensation Plans (“Stale Check Policy”) is to document the procedures which will apply in the event that a check remains outstanding for lengthy periods of time beyond the period in which it goes “stale” (i.e., non-negotiable) due to an applicable payee failing to negotiate such check after distribution. This Stale Check Policy shall only apply to those Plans that specifically adopt the policy through amendment of the applicable Plan. The provisions of this Stale Check Policy apply to the Plans except to the extent that a specific provision of a Plan expressly provides otherwise or makes the application of this Stale Check Policy not feasible, as determined by the Global HR Group in its sole discretion.  

Plan Terms

If the Plan commences a distribution to a participant or a beneficiary (or other payee, as applicable) (the “Payee”) and the payment of such distribution is a check payable to such Payee, the amount of the benefit shall be reported as income to the Payee in the year of the distribution and appropriate taxes shall be withheld, as required by applicable law.  The benefit payable to the Payee shall continue to be maintained as an outstanding distribution until the earlier of (i) the date the Payee entitled to the benefit negotiates the outstanding check, or (ii) any reasonable date determined in the sole discretion of Global HR Group (generally, prior to the time such benefit would otherwise escheat under any applicable law), provided that, in all events, such date shall be no earlier than 18 months after such distribution is processed.  As of such date, the net amount of the stale check shall be forfeited back to the Company’s general assets.  

Should the Payee, or any authorized representative of such Payee, subsequently make application for benefits, the amount so forfeited shall be paid to the Payee (net of any prior tax withholdings), provided that if there is a dispute regarding eligibility or benefits (either form or amount or both), such disputed payments will be made only if it is established to the Global HR Group in their sole discretion that the amounts were in fact due to such Payee.

Global HR Group

Administration

The Company's Global HR Group shall be empowered to interpret the provisions of this Stale Check Policy.  The Global HR Group may adopt such rules and regulations for the administration of this Stale Check Policy as are consistent with the terms hereof and shall keep adequate records of its proceedings and acts.  All interpretations and decisions made (both as to law and fact) and other action taken by the Global HR Group with respect to the Stale Check Policy shall be conclusive and binding upon all parties having or claiming to have an interest under any plan subject to the Stale Check Policy.  Not in limitation of the foregoing, the Global HR Group shall have the discretion to decide any factual or interpretative issues that may arise in connection with the Stale Check Policy, and the Global HR Group’s exercise of such discretion shall be conclusive and binding on all affected parties as long as it is not arbitrary or capricious.  The Global HR Group may delegate any of its duties and powers hereunder to the extent permitted by applicable law.

Amendment and Termination

Subject to the requirements of applicable law, the Global HR Group shall have the right and power at any time and from time to time to amend this Stale Check Policy in whole or in part, including, without limitation, the list of plans covered hereby, and at any time to terminate this Stale Check Policy. 

2.     Except as expressly or by necessary implication amended hereby, the Plan shall continue in full force and effect.

IN WITNESS WHEREOF, the Company, on behalf of all of the Participating Employers, has caused this Instrument to be duly executed on the 15 day of December, 2016.
BANK OF AMERICA CORPORATION
By:   /s/ Richard J. Hille
Richard J. Hille
Global Head of Compensation and Benefits

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