Document:

<Page>

                                                                   Exhibit 10.05

                                 CITIGROUP INC.

                     AMENDED AND RESTATED COMPENSATION PLAN

                     FOR NON-EMPLOYEE DIRECTORS (THE "PLAN")

                            (AS OF DECEMBER 31, 2001)

         Section 1. ELIGIBILITY. Each member of the Board of Directors of
Citigroup Inc. (the "Company") or one of its subsidiaries, if so designated by
the Board of Directors, who is not an employee of the Company or any of its
subsidiaries (an "Eligible Director") is eligible to participate in the Plan.

         Section 2. ADMINISTRATION. The Plan shall be administered, construed
and interpreted by the Board of Directors of the Company. Pursuant to such
authorization, the Board of Directors shall have the responsibility for carrying
out the terms of the Plan, including but not limited to the determination of the
amount and form of payment of the annual retainer and any additional fees to be
paid to all Eligible Directors (the "Annual Fixed Director Compensation"). To
the extent permitted under the securities laws applicable to compensation plans
including, without limitation, the requirements of Section 16(b) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act") or under the
Internal Revenue Code of 1986, as amended (the "Code"), the Personnel,
Compensation and Directors Committee of the Board of Directors, or a
subcommittee of the Personnel, Compensation and Directors Committee, may
exercise the discretion granted to the Board under the Plan, provided that the
composition of such Committee or subcommittee shall satisfy the requirements of
Rule 16b-3 under the Exchange Act, or any successor rule or regulation. The
Board of Directors may also designate a plan administrator to manage the record
keeping and other routine administrative duties under the Plan.

         Section 3. STOCK OPTIONS. In addition to Annual Fixed Director
Compensation, the Board of Directors may make an annual grant to Eligible
Directors of options ("Annual Stock Option Grant") to purchase common stock of
the Company par value $.01 per share ("Common Stock"). The Annual Stock Option
Grant shall be made under, and pursuant to the terms and conditions of, the
Citigroup 1999 Stock Incentive Plan or any successor plan.

         Section 4. ANNUAL FIXED DIRECTOR COMPENSATION. Payment of Annual Fixed
Director Compensation shall be made quarterly, on the first business day
following the end of the quarter for which the compensation is payable, to each
Eligible Director who served as a director during at least one-half of such
quarter and who was a director on the last day of such quarter.

         Each Eligible Director may elect to receive up to fifty percent (50%)
of each quarterly payment of Annual Fixed Director Compensation in cash. The
balance of each quarterly payment shall be paid in shares of common stock, par
value $.01 of the Company ("Common Stock") or in the form of stock options, as
each Eligible Director elects. Payment in stock options shall be under the same
plan and pursuant to the same terms and conditions as the Annual Stock Option
Grant. If

                                       1
<Page>

an Eligible Director does not elect to receive a percentage of his or her Annual
Fixed Director Compensation in cash or stock options, such compensation shall be
paid entirely in Common Stock.

         The number of shares of the Company's Common Stock to be transferred to
the Eligible Director in respect of each quarterly installment of Annual Fixed
Director Compensation shall be determined in the manner set forth in paragraph
6(a), and such shares shall not be transferred or sold by such Eligible Director
for a period of six months following the date of grant.

         Section 5.  ELECTION TO DEFER.

                  (a) TIME OF ELECTION. As soon as practicable prior to the
beginning of a calendar year, an Eligible Director may elect to defer the Common
Stock component of Annual Fixed Director Compensation pursuant to the Plan by
directing that such Common Stock which otherwise would have been payable in
accordance with paragraph 4 above during such calendar year and succeeding
calendar years shall be credited to a deferred compensation account (the
"Director's Account"). Under a valid election, such deferred compensation shall
be payable in accordance with paragraph 6(a) below. Any person who shall become
an Eligible Director during any calendar year, and who was not an Eligible
Director of the Company prior to the beginning of such calendar year, may elect,
within thirty (30) days after his or her term begins, to defer payment of the
Common Stock component of his or her Annual Fixed Director Compensation earned
during the remainder of such calendar year and for succeeding calendar years.
The cash component of Annual Fixed Director Compensation may not be deferred.

                  (b) FORM AND DURATION OF ELECTION. An election to defer the
Common Stock component of Annual Fixed Director Compensation shall be made by
written notice executed by the Eligible Director and filed with the Secretary of
the Company. Such election shall continue until the Eligible Director terminates
such election by subsequent written notice filed with the Secretary of the
Company. Any such election to terminate deferral shall become effective for the
calendar quarter following receipt of the election form by the Company and shall
only be effective with respect to the Common Stock component of Annual Fixed
Director Compensation payable for services rendered as an Eligible Director
thereafter. Amounts credited to the Director's Account prior to the effective
date of termination shall not be affected by such termination and shall be
distributed only in accordance with the terms of the Plan.

                  (c) CHANGE OF ELECTION. An Eligible Director who has
terminated his or her election to defer the Common Stock component of Annual
Fixed Director Compensation hereunder may thereafter make another election in
accordance with paragraph 5(a) to defer such compensation for the calendar year
subsequent to the filing of such election and succeeding calendar years.

         Section 6. THE DIRECTOR'S ACCOUNT. Shares of Common Stock that an
Eligible Director has elected to defer under the Plan shall be credited to the
Director's Account as follows:

                                       2
<Page>

                  (a) As of each date that a quarterly installment of the Annual
Fixed Director Compensation would otherwise be payable, there shall be credited
to the Director's Account the number of full shares of the Company's Common
Stock obtained by multiplying the percentage such Eligible Director has elected
to receive in shares of Common Stock by the total amount of Annual Fixed
Director Compensation allocable to such calendar quarter, and then by dividing
the result by the average of the closing price of the Company's Common Stock on
the New York Stock Exchange Inc. on the last ten (10) trading days of the
calendar quarter for which such Common Stock would otherwise be payable. If the
applicable percentage of Annual Fixed Director Compensation for the calendar
quarter is not evenly divisible by such average closing price of the Company's
Common Stock, the balance shall be credited to the Director's Account in cash.

                  (b) At the end of each calendar quarter, there shall be
credited to the Director's Account an amount equal to the cash dividends that
would have been paid on the number of shares of Common Stock credited to the
Director's Account as of the dividend record date, if any, occurring during such
calendar quarter as if such shares had been shares of issued and outstanding
Common Stock on such record date, and such amount shall be treated as reinvested
in additional shares of Common Stock on the dividend payment date.

                  (c) Cash amounts credited to the Director's Account pursuant
to subparagraphs (a) and (b) above shall accrue interest commencing from the
date the cash amounts are credited to the Director's Account at a rate per annum
to be determined from time to time by the Company. Amounts credited to the
Director's Account shall continue to accrue interest until distributed in
accordance with the Plan. An Eligible Director may be given the opportunity
to make a written election to treat the existing cash balance and interest
accrued thereon as invested in additional shares of Common Stock. The timing
of the effectiveness of such election shall be subject to the Company's
discretion.

                  (d) An Eligible Director shall not have any interest in the
cash or Common Stock in his or her Director's Account until such cash or Common
Stock is distributed in accordance with the Plan.

         Section 7.  DISTRIBUTION FROM ACCOUNTS.

                  (a) FORM OF ELECTION. At the time an Eligible Director makes
an election to defer receipt of Annual Fixed Director Compensation pursuant to
paragraphs 5(a) or 5(c), such Director shall also file with the Secretary of the
Company a written election with respect to the distribution of the aggregate
amount of cash and shares credited to the Director's Account pursuant to such
election. An Eligible Director may elect to receive such amount in one lump-sum
payment or in a number of approximately equal annual installments (provided the
payout period does not exceed 15 years). The lump-sum payment or the first
installment shall be paid as of (i) the first business day of any calendar year
subsequent to the date the Annual Fixed Director Compensation would otherwise be
payable, as specified by the Director, (ii) the first business day of the
calendar quarter immediately following the cessation of the Eligible Director's
service as a director of the Company or (iii) the earlier of (i) or (ii), as the
Eligible Director may elect. Subsequent installments shall be

                                       3
<Page>

paid as of the first business day of each succeeding annual installment period
until the entire amount credited to the Director's Account shall have been paid.
A cash payment will be made with the final installment for any fraction of a
share of Common Stock credited to the Director's Account.

                  (b) ADJUSTMENT OF METHOD OF DISTRIBUTION. An Eligible Director
participating in the Plan may, prior to the beginning of any calendar year, file
another written election with the Secretary of the Company electing to change
the date and/or method of distribution of the aggregate amount of cash and
shares of Common Stock to be credited to the Director's Account for services
rendered as a director commencing with such calendar year. Amounts credited to
the Director's Account prior to the effective date of such change (the "Prior
Amounts") shall not be affected by such change and shall be distributed in
accordance with the election then in effect with respect to the Prior Amounts,
except as specified in this paragraph. An Eligible Director may elect to defer
the date on which Prior Amounts are to be paid and/or extend the payout period
if a written election to effect such change is filed with the Secretary of the
Company at least one (1) year before such change is to take effect. An Eligible
Director may also elect to accelerate the date on which the Prior Amounts are to
be paid and/or shorten the payout period if a written election to effect such
change is filed with the Secretary of the Company at least one (1) year before
such change is to take effect. Notwithstanding the foregoing, in the event an
Eligible Director suffers a severe financial hardship outside the control of
such Director, as determined by the Company, the Eligible Director may elect to
advance or defer the date of distribution of his or her Director's Account or
change the method of distribution thereof.

                  (c) CHANGE OF CONTROL. Notwithstanding anything to the
contrary contained herein, upon a "Change of Control" (as defined below), the
full number of shares of Common Stock and cash in each Director's Account shall
be immediately funded and be distributable on the later of the date six months
and one day following the "Change of Control" or the distribution date(s)
previously elected by an Eligible Director. For purposes of this Plan, a "Change
of Control" shall mean the occurrence of any of the following, unless such
occurrence shall have been approved or ratified by at least a two-thirds (2/3)
vote of the Continuing Directors (defined below): (i) any person within the
meaning of Sections 13(d) and 14(d) of the Exchange Act, shall have become the
beneficial owner, within the meaning of Rule 13d-3 under the Exchange Act, of
shares of stock of the Company having twenty-five percent (25%) or more of the
total number of votes that may be cast for election of the directors of the
Company; or (ii) there shall have been a change in the composition of the Board
of Directors such that at any time a majority of the Board of Directors shall
have been members of the Board for less than twenty-four (24) months, unless the
election of each new director who was not a director at the beginning of the
period was approved by a vote of at least two-thirds (2/3) of the directors then
still in office who were directors at the beginning of such period, or who were
approved as directors pursuant to the provisions of this paragraph (the
"Continuing Directors").

         Section 8. DISTRIBUTION ON DEATH. If an Eligible Director should die
before all amounts credited to the Director's Account shall have been paid in
accordance with the election referred to in paragraph 7, the balance in such
Director's Account as of the date of such Director's death shall be

                                       4
<Page>

paid following such Director's death, in accordance with the method of
payment elected by the Eligible Director, to the beneficiary designated in
writing by such Director. Such balance shall be paid to the estate of the
Eligible Director if (a) no such designation has been made or (b) the
designated beneficiary shall have predeceased the Director and no further
beneficiary designation has been made.

         Section 9.  MISCELLANEOUS.

                  (a) The right of an Eligible Director to receive any amount in
the Director's Account shall not be transferable or assignable by such Director,
except by will or by the laws of descent and distribution, and no part of such
amount shall be subject to attachment or other legal process.

                  (b) Except as otherwise set forth herein, the Company shall
not be required to reserve or otherwise set aside funds or shares of Common
Stock for the payment of its obligations hereunder. The Company shall make
available as and when required a sufficient number of shares of Common Stock to
meet the requirements arising under the Plan.

                  (c) The establishment and maintenance of, or allocation and
credits to, the Director's Account shall not vest in the Eligible Director or
his beneficiary any right, title or interest in and to any specific assets of
the Company. An Eligible Director shall not have any dividend or voting rights
or any other rights of a stockholder (except as expressly set forth in paragraph
6(b) with respect to dividends and as provided in subparagraph 9(f) below) until
the shares of Common Stock credited to a Director's Account are distributed. The
rights of an Eligible Director to receive payments under this Plan shall be no
greater than the right of an unsecured general creditor of the Company.

                  (d) The Plan shall continue in effect until terminated by the
Board of Directors. The Board of Directors may at any time amend or terminate
the Plan; provided, however, that (i) no amendment or termination shall impair
the rights of an Eligible Director with respect to amounts then credited to the
Director's Account; (ii) the provisions of the Plan relating to eligibility, the
amount and price of securities to be awarded, the timing of and the amount of
Annual Fixed Director Compensation awards and Annual Stock Option Grant shall
not be amended more than once every six months, other than to comport with
changes in the Internal Revenue Code of 1986, as amended, the Employee
Retirement Income Security Act of 1974, as amended, or the rules thereunder; and
(iii) no amendment shall become effective without approval of the stockholders
of the Company if such stockholder approval is required to enable the Plan to
satisfy applicable state or Federal statutory or regulatory requirements.

                  (e) Each Eligible Director participating in the Plan will
receive an annual statement indicating the amount of cash and number of shares
of Common Stock credited to the Director's Account, as well as the number of
outstanding stock options, as of the end of the preceding calendar year.

                                       5
<Page>

                  (f) If adjustments are made to outstanding shares of Common
Stock as a result of stock dividends, stock splits, recapitalizations, mergers,
consolidations and similar transactions, an appropriate adjustment shall be made
in the number of shares of Common Stock credited to the Director's Account.

                  (g) Shares of Common Stock that may be granted under the Plan
shall be subject to adjustment upon the occurrence of adjustments to the
outstanding Common Stock described in paragraph 9(f) hereof.

                  (h) The validity, construction, interpretation, administration
and effect of the Plan and of its rules and regulations, and rights relating to
the Plan, shall be determined solely in accordance with the laws of the State of
Delaware.

                  (i) All claims and disputes between an Eligible Director and
the Company arising out of the Plan shall be submitted to arbitration in
accordance with the then current arbitration policy of the Company. Notice of
demand for arbitration shall be given in writing to the other party and shall be
made within a reasonable time after the claim or dispute has arisen. The award
rendered by the arbitrator shall be final, and judgment may be entered upon it
in accordance with applicable law in any court having jurisdiction thereof. The
provisions of this Section 9(i) shall be specifically enforceable under
applicable law in any court having jurisdiction thereof.

                  (j) If any term or provision of this Plan or the application
thereof to any person or circumstances shall, to any extent, be invalid or
unenforceable, then the remainder of the Plan, or the application of such term
or provision to persons or circumstances other than those as to which it is held
invalid or unenforceable, shall not be affected thereby, and each term and
provision hereof shall be valid and be enforced to the fullest extent permitted
by applicable law.

                                       6<Page>

                                                                 Exhibit 10.17.3

              AMENDMENT TO THE CITICORP DEFERRED COMPENSATION PLAN

    ------------------------------------------------------------------------

         As of September 28, 2001 (except as otherwise expressly set forth
below), the Citicorp Deferred Compensation Plan (the "Plan"), which became
effective October 1995, is hereby amended as follows:

1.    Effective November 1, 2000, the second sentence of paragraph 5.3 of the
      Plan was amended to read in its entirety as follows:

      "As of November 1, 2000, the valuation date for determining credits to
      lump sum payments following Retirement and to installment payments shall
      be December 31 of the year preceding the year in which such payments will
      be made."

2.    The third sentence of paragraph 6.2 of the Plan shall be amended to read
      in its entirety as follows:

      "Payment of Mandatory Deferral Account Balances under this paragraph 6.2
      shall not apply to any portion of the Mandatory Deferral Account for which
      the Participant elected, prior to January 1, 2000, a continuing deferral
      under paragraph 6.7."

3.    The third sentence of paragraph 6.3.2 of the Plan, which reads "The
      participant shall not be allowed to elect a continuing deferral under
      Section 6.7," shall be deleted in its entirety.

4.    The third sentence of paragraph 6.4 of the Plan, which reads "Neither the
      Participant nor the Participant's Beneficiary shall be allowed to elect a
      continuing deferral under paragraph 6.7," shall be deleted in its
      entirety.

5.    The third sentence of paragraph 6.5 of the Plan, which reads "The
      Participant shall not be allowed to elect a continuing deferral under
      paragraph 6.7," shall be deleted in its entirety.

6.    The third sentence of paragraph 6.6 of the Plan, which reads "The
      Participant shall not be allowed to elect a continuing deferral under
      paragraph 6.7," shall be deleted in its entirety.

7.    Effective January 1, 2000, paragraph 6.7 of the Plan was deleted in its
      entirety and replaced with the following new paragraph 6.7:

      "As of January 1, 2000, Participants may not elect to postpone
      distribution of the Mandatory Deferral Account Balance attributable to
      such deferred Variable Compensation Award by having such amount credited
      to a Voluntary Deferral Account."

<Page>

8.    Effective January 1, 2001, the following new paragraph 6.8 of the Plan was
      adopted:

      "As of January 1, 2001, if a Participant is re-hired by the Corporation
      after leaving the Corporation for any reason, the Participant's account
      will be adjusted as of the re-hire date and the Participant's employment
      status in the Plan will be returned to active. The account will be
      adjusted by taking the current dollar value of the account by plan year
      and dividing it by the average of the high and low price of Citigroup
      common stock on the re-hire date in order to reassign stock units.
      However, if the calculation results in a higher number of stock units than
      the participant had upon termination, the account will be reinstated with
      the same number of stock units that the Participant had upon termination.
      Once stock units have been reassigned, the account will be credited with
      dividend equivalents on a quarterly basis and reflect the market
      performance of Citigroup common stock. The Corporation shall pay to the
      Participant the Mandatory Deferral Account Balance accrued as per the
      Normal Payment provisions in paragraph 6.2."

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}]]