Document:

c50699_ex-d.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

Exhibit 10.4 

Amended and Restated Employee Stock Purchase Plan 

(As approved by the stockholders on May 4, 2006 and as amended effective as of October 1, 2007) 

           The purpose of the Employee Stock Purchase Plan (the “Program”) of Quest Diagnostics Incorporated (the “Corporation”) is to provide to employees an ongoing opportunity to
purchase shares of Common Stock of the Corporation (“Common Stock”).

          1.      Administration. The Program will be administered by a committee appointed by the Board of Directors, consisting of at least three employees (the
“Committee”). Members of the Committee shall be eligible to participate in the Program on the same terms as other employees. The Committee will have authority to (a) exercise all of the powers granted to it under the Program, (b) construe,
interpret and implement the Program, (c) to prescribe, amend and rescind rules and regulations relating to the Program, including rules governing its own operations, (d) to make all determinations necessary or advisable in administering the Program
and (e) to correct any defect, supply any omission and reconcile any inconsistency in the Program. The determination of the Committee on any matters relating to the Program shall be final, binding and conclusive. No member of the Committee shall be
liable for any action or determination made in good faith with respect to the Program. 

          2.      Eligibility. Such groups of employees of the Corporation or any subsidiary or other entity as may from time to time be designated by the Committee
(“Participating Entity”) will be eligible to participate in the Program, in accordance with such rules as may be prescribed from time to time by the Committee. No employee can participate in the Program if such employee would, immediately
after participating in the Program, own stock possessing five percent or more of the total combined voting power or value of all classes of stock of the Corporation or of its parent or subsidiary corporations. A person may not participate in the
Program unless such person is an “employee” as defined in the instructions to the Form S-8 registration statement under the Securities Act of 1933, as amended (or any successor form) as in effect from time to time.

          3.      Shares Subject to the Program. The total number of shares of the Corporation’s common stock, par value $0.01, (the “Common Stock”)
which may be transferred pursuant to the Program will be five million (5,000,000) shares of Common Stock in the aggregate. The number of shares of Common Stock approved for the Program will, in the discretion of the Board of Directors, be
proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or any other change
affecting the Common Stock. Except as expressly provided herein, no issuance by the Corporation of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be
made with respect to, the number or price of shares of Common Stock subject to an Option. 

          4.      Offerings. The Corporation shall make on the last business day of each calendar month or such other period as the Committee may determine (such
month or other period being an “Offering Period”), an offering to such employees to purchase shares of Common Stock under the Program. 

          5.      Participation. An employee eligible to participate in the Program pursuant to Section 2 above may participate by completing and forwarding a
payroll deduction authorization form to the employee’s appropriate Human Resources location. The employee will authorize a regular payroll deduction from his regular compensation and will specify the date on which such deduction is to commence,
which will be effective as soon as practicable after receipt of the form but may not be retroactive. With respect to any offering made under the Program, an employee may authorize a payroll deduction, but not in excess of the greater of (a) ten
percent (10%) of the base salary an employee receives during the Offering Period (or during such portion thereof as an employee may elect to participate) and (b) such lesser amount as is determined by the Committee. Additionally, during the Offering
Period, the Corporation shall be deemed to contribute an additional amount to the employee’s account equal to 0.1765 multiplied by the amount of the payroll deduction authorized by the employee during the Offering Period. 

                  The
employee may at any time stop, increase or decrease the employee’s payroll
deduction by filing a new payroll deduction authorization form. These requests
shall become effective as soon as possible after receipt of the form. The Corporation will maintain payroll deduction accounts on its books for all participating employees. 

          6.      Interest and Application of Funds. The Corporation shall not credit employee accounts with interest and shall hold such accounts for the credit of
employees as part of its general funds. All funds received or held by the Corporation under the Program may be used for any corporate purpose. 

          7.      No Withdrawal of Funds. Once an employee has begun participation in any Offering Period, he may stop his payroll deductions but, except as
provided in Section 12 below, may not withdraw any cash balance accumulated in his account. 

          8.      Purchase of Shares. Each employee participating in any offering under the Program will be granted an option to purchase (an “Option”),
upon the effective date of such offering, as many shares of Common Stock as may be purchased with the funds that the participating employee elects to withhold pursuant to Section 5 above.

          The purchase price for each share of Common Stock purchased will be the Market Price (as defined in Section 10 below) of a share of Common Stock on the last business day of any Offering Period. The account of each
participating employee shall be totaled and the funds in the employee’s account, including the additional amounts deemed to be contributed by the Company as of that date, shall be used to purchase Common Stock. The employee shall be deemed to
have exercised an Option to purchase such shares of Common Stock at such price and the employee’s account shall be charged for the amount of the purchase.

          To the extent an employee is deemed to have exercised an Option to purchase a fractional share of Common Stock pursuant to this Section 8, the value of such fractional share shall be paid to
the employee in cash at the same time he or she is delivered certificates for whole shares purchased during the applicable Offering Period pursuant to Section 9. Subsequent shares of Common Stock purchased by the employee will be purchased in the
same manner, subject to funds having again been deposited in the employee’s account. 

          9.      Registration of Certificates. It is anticipated that shares of Common Stock purchased by the employee shall be held by a third party agent in an
investment account established for the employee and that, unless special arrangements are made to the contrary, any dividends paid on shares of Common Stock purchased under the Program will be reinvested. 

          Upon request by the employee to the third party agent or the Corporation, certificates for whole shares of Common Stock purchased by an employee will be delivered to him or her. Certificates when issued shall be registered
only in the name of the employee. 

          10.      Definitions. The phrase “Market Price” means the closing price of Common Stock on a given day as reported in the Wall Street Journal
or, if no sales of Common Stock were made on that day, the closing price of Common Stock on the next preceding day on which sales were made. 

          11.      Rights as a Stockholder. None of the rights or privileges of a stockholder of the Corporation shall exist with respect to shares purchased under
the Program unless and until ownership of such shares shall have been appropriately evidenced on the Corporation’s books. 

          12.      Rights on Retirement, Death, or Termination of Employment. In the event of a participating employee’s retirement, death, or termination of
employment, no payroll deduction shall be taken with respect to any severance, life insurance or other similar payments due to such employee but, pursuant to the employee’s payroll deduction authorization form, a payroll deduction will be made
with respect to regular compensation due for the period prior to the participating employee’s retirement, death or termination of employment and such employee will receive on the last day of the applicable Offering Period that number of shares
of Common Stock which may be purchased pursuant to Section 8 above from funds in his or her account, provided that, in the event of an employee’s  

death and upon the request of his estate but subject to the approval of the Committee, the balance
in the deceased employee’s account shall be paid to the employee’s estate rather than utilized to purchase shares of Common Stock.

          13.      Rights Not Transferable. Rights under the Program are not transferable by a participating employee other than by will or the laws of descent and
distribution, and are exercisable during the employee’s lifetime only by the employee. 

          14.      Amendment of the Program. The Board of Directors (or any officer of the Corporation to whom it delegates such authority) may at any time, or from
time to time, amend or suspend the Program in any respect, including retroactively to the extent necessary; provided, however that no such action shall be made without
shareholder approval if such approval is required under tax or stock exchange rules and regulations. Upon any such suspension or amendment of the Program during the term of an Offer, the Board of Directors (or any officer of the Corporation to whom
it delegates such authority) may in its discretion determine that the applicable offer shall immediately terminate and that all amounts in the accounts of participating employees will be carried forward into the employee’s payroll deduction
account under a successor program, if any, or promptly refunded.

          15.      Effectiveness of the Program. The Program will become effective upon its approval by the holders of stock entitled to vote at the Company’s
May 4, 2006 Annual Meeting of Stockholders (the “Effective Date”). 

          16.      Termination of the Program. The Program and all rights of employees under any offering hereunder shall terminate upon the earlier of: 

	          	           (a)      on
          the day that participating employees become entitled to purchase a
          number of shares of Common Stock greater than the number of shares
          of Common Stock remaining available for purposes provided, however,
          if the number of shares of Common Stock so purchasable is greater than
          the shares of Common Stock remaining available, the available shares
          of Common Stock shall be allocated by the Committee among such participating
          employees in such manner as it deems fair; and 

                  (b)
               at any earlier time, at the discretion
          of the Board of Directors. 

    

           No
    offering hereunder shall be made which shall extend beyond the tenth anniversary
    of the Effective Date. Upon termination of the Program all amounts in the
    accounts of participating employees shall be carried forward into the employee’s
    payroll deduction account under a successor program, if any, or promptly
refunded. 

          17.      Governmental Regulations. The Corporation’s obligation to sell and deliver shares of Common Stock under the Program is subject to the
approval of any governmental authority required for the authorization, issuance, or sale of such stock. 

          18.      Share Purchases. Purchases of outstanding shares may be made pursuant to and on behalf of the Program, upon such terms as the Board of Directors
of the Corporation may approve, for delivery under the Program. 

          19.      No Right to Employment. Nothing in the Program shall confer upon any employee the right to continue in the employ of the Corporation or any
Participating Entity or affect any right which the Corporation or any Participating Entity may have to terminate such employment. 

          20.      Governing Law. The Program shall be interpreted, construed and administered in accordance with the laws of the State of New Jersey, without
giving effect to principles of conflict of laws.c50699_ex10-5.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

Exhibit 10.5

QUEST DIAGNOSTICS

SUPPLEMENTAL DEFERRED COMPENSATION PLAN 

(Effective January 1, 1999, Amended and Restated Effective October 11, 2007) 

PREAMBLE 

Effective as of January 1, 1999, Quest Diagnostics adopted this Quest Diagnostics Supplemental Deferred Compensation Plan for the benefit of certain of its Employees.  Quest Diagnostics hereby amends and restates this Plan in its
entirety, effective as of the Restatement Effective Date, to reflect amendments adopted and to implement certain other changes. The provisions of this restated Plan shall govern the rights of Employees who have Accounts under the Plan that have not
been paid in full prior to the Restatement Effective Date. The purpose of the Plan is to provide supplemental retirement income and to permit eligible Employees the option to defer receipt of Compensation, pursuant to the terms of the Plan.  The
Plan is intended to be an unfunded deferred compensation plan maintained for the benefit of a select group of management or highly compensated employees under sections 201(2), 301(a)(3) and 401(a)(1) of ERISA.

TABLE OF CONTENTS 

	
ARTICLE 1. 
  DEFINITIONS	
3 
  
	 

  
	
1.1 
  	 
  	
Definitions 
  	
3 
  
	 

  
	
ARTICLE 2. 
  PARTICIPATION	
6 
  
	 

  
	
2.1 
  	 
  	
Commencement of Participation 
  	
6 
  
	
2.2 
  	 
  	
Resumption of Participation Following Reemployment 
  	
6 
  
	
2.3 
  	 
  	
Change in Employment Status 
  	
6 
  
	 

  
	
ARTICLE 3. CONTRIBUTIONS
  	
7 
  
	 

  
	
3.1 
  	 
  	
Deferral Contributions 
  	
7 
  
	
3.2 
  	 
  	
Participating Employer Contributions 
  	
8 
  
	
3.3 
  	 
  	
Transfer of Funds 
  	
8 
  
	 

  
	
ARTICLE 4. PARTICIPANTS’ ACCOUNTS
  	
9 
  
	 

  
	
4.1 
  	 
  	
Individual Accounts 
  	
9 
  
	
4.2 
  	 
  	
Accounting for Payments 
  	
9 
  
	 

  
	
ARTICLE 5. 
  INVESTMENT OF CONTRIBUTIONS	
10 
  
	 

  
	
5.1 
  	 
  	
Manner of Investment 
  	
10 
  
	
5.2 
  	 
  	
Investment Decisions 
  	
10 
  
	 

  
	
ARTICLE 6. 
  RIGHT TO BENEFITS 	
11 
  
	 

  
	
6.1 
  	 
  	
Termination of Employment 
  	
11 
  
	
6.2 
  	 
  	
Death 
  	
11 
  
	
6.3 
  	 
  	
Payment on a Designated Future Date 
  	
11 
  
	
6.4 
  	 
  	
Payment Due to an Unforeseen Emergency 
  	
12 
  
	
6.5 
  	 
  	
Adjustment for Investment Experience 
  	
12 
  
	
6.6 
  	 
  	
Forfeiture of Unvested Amounts 
  	
12 
  
	 

  
	
ARTICLE 7. 
  PAYMENT OF BENEFITS	
13 
  
	 

  
	
7.1 
  	 
  	
Payment of Benefits to Participants and Beneficiaries 
  	
13 
  
	
7.2 
  	 
  	
Determination of Method of Payment 
  	
13 
  
	
7.3 
  	 
  	
Right of Offset 
  	
13 
  
	
7.4 
  	 
  	
Payment in the Event of Taxation 
  	
13 
  
	 

  
	
ARTICLE 8. 
AMENDMENT AND TERMINATION 	
14 
  
	 

  
	
8.1 
  	 
  	
Amendment by Quest Diagnostics 
  	
14 
  
	
8.2 
  	 
  	
Retroactive Amendments 
  	
14 
  
	
8.3 
  	 
  	
Plan Termination 
  	
14 
  

-i- 

	8.4 	  	Payment upon Termination of the Plan  	14  
	  
	ARTICLE 9.  THE TRUST  	15  
	  
	9.1 	  	Establishment of Trust  	15  
	  
	ARTICLE 10. MISCELLANEOUS  	16  
	  
	10.1 	  	Limitation of Rights  	16  
	10.2 	  	Spendthrift Provision  	16  
	10.3 	  	Facility of Payment  	16  
	10.4 	  	Discharge of Obligations  	16  
	10.5 	  	Furnishing Information  	17  
	10.6 	  	Information between the Administrator and Trustee  	17  
	10.7 	  	Notices  	17  
	10.8 	  	Writings and Electronic Communications. All elections, notices and other  	  
	  	  	communication with respect to the Plan, including signatures relating to such  	  
	  	  	documentation, may be executed and stored on paper, electronically or in another  	  
	  	  	medium  	17  
	10.9 	  	Governing Law  	17  
	10.10 	  	Construction  	17  
	  
	ARTICLE 11. PLAN ADMINISTRATION  	19  
	  
	11.1 	  	Powers and Responsibilities of the Administrator  	19  
	11.2 	  	Claims and Review Procedures  	19  
	11.3 	  	Plan’s Administrative Costs  	20  

-ii- 

Article 1.       Definitions. 

1.1      Definitions. Pronouns used in the Plan are in the masculine gender but include the feminine gender unless the
context clearly indicates otherwise. Wherever used herein, the following terms have the meanings set forth below, unless a different meaning is clearly required by the context: 

(a)      “Account” means an account established on the books of a Participant’s Employer for the purpose of recording Deferral
Contributions and Employer Contributions credited on behalf of a Participant in respect of compensation for services to such Employer and any notional income, expenses, gains or losses related thereto. For each Participant who was a participant in
the MetPath Inc. Deferred Compensation Plan, a MetPath Plan Subaccount was established as part of the Participant’s Account.

(b)      “Administrator” means the Quest Diagnostics Benefits Administration Committee or its delegee, which has been designated by
Quest Diagnostics to be responsible for the administration of the Plan. 

(c)      “Beneficiary” means the person or persons entitled under Section 6.2 to receive benefits under the Plan upon the death of a
Participant. 

(d)      “Bonus” means the cash bonus that is payable each March (if not deferred pursuant to Section 3.1) under the Senior Management
Incentive Plan or the Quest Diagnostics Incorporated Management Incentive Plan. 

(e)      “Code” means the Internal Revenue Code of 1986, as amended from time to time. 

(f)      “Compensation” shall have the meaning ascribed to the term “Deferral Compensation” by the Profit Sharing Plan;
provided that any exclusion attributable to (i) deferred compensation deferred pursuant to this Plan or (ii) limits imposed by Code Section 401(a)(17) shall not apply.

(g)      “Deferral Contributions” means those amounts credited to a Participant’s Account pursuant to Section 3.1. 

(h)      “Effective Date” means January 1, 1999. 

(i)      “Eligible Employee” means an Employee of an Employer who is determined by the Administrator to be among a select group of
management or highly compensated Employees and who is designated by the Administrator as an Eligible Employee for purposes of the Plan. 

(j)      “Employee” means any employee of an Employer. 

(k)      “Employer” means Quest Diagnostics and any successors and assigns unless otherwise provided herein, and shall include any
Related Employer or other affiliated employer adopting this Plan. 

-3- 

(l)      “Employer Contributions” means amounts credited to a Participant’s Account pursuant to Section 3.2. 

(m)     “Employer Stock” means any class of common stock of Quest Diagnostics or the preferred stock of Quest Diagnostics that is
convertible into common stock. 

(n)      “ERISA” means the Employee Retirement Income Security Act of 1974, as from time to time amended. 

(o)      “MetPath Plan Subaccount” means the subaccount established and maintained by the Administrator pursuant to Section 4.1 on
behalf of each Participant who was a participant in the MetPath Inc. Deferred Compensation Plan. 

(p)      “Participant” means any Eligible Employee who has filed in accordance with Article 2 an election to defer Compensation
pursuant to Section 3.1. 

(q)      “Plan” means this Quest Diagnostics Supplemental Deferred Compensation Plan as in effect from time to time. 

(r)      “Plan Year” means the calendar year. 

(s)      “Profit Sharing Plan” means the Profit Sharing Plan of Quest Diagnostics Incorporated, as amended from time to time.

(t)      “Quest Diagnostics” means Quest Diagnostics Incorporated. 

(u)      “Related Employer” means any employer other than Quest Diagnostics, if Quest Diagnostics and such other employer are members
of a controlled group of corporations (as defined in Section 414(b) of the Code) or an affiliated service group (as defined in Code Section 414(m)), or are trades or businesses (whether or not incorporated) which are under common control (as defined
in Section 414(c)), or such other employer is required to be aggregated with Quest Diagnostics pursuant to regulations issued under Code Section 414(o). 

(v)      “Restatement Effective Date” means January 1, 2004. 

(w)      “Section 16 Executive” means an Eligible Employee who is designated as such by the Administrator. 

(x)      “Section 401(a)(17) Limit” means the maximum amount of annual compensation that can be taken into account by the Profit
Sharing Plan pursuant to Code Section 401(a)(17). 

(y)      “Senior Executive” means an Eligible Employee who is designated as such by the Administrator. 

(z)      “Senior Management Incentive Plan” means the Quest Diagnostics Incorporated Senior Management
Incentive Plan, as in effect from time to time. 

-4- 

(aa)      “SMIP Bonus Subaccount” means the portion of a Participant’s Account established and
maintained by the Administrator on behalf of each Participant who elects to defer a portion of his Bonus payable under the Senior Management Incentive Plan and any other plan intended to pay performance-based compensation within the meaning of Code
Section 162(m)(4)(c). 

(bb)      “Supplemental Contribution” means an additional discretionary Employer Contribution credited to a
Participant’s Account pursuant to Section 3.2. 

(cc)      “Trust” means the trust fund established pursuant to the terms of the Plan. 

(dd)      “Trust Agreement” means the agreement by and among the Trustee and each Employer establishing the
Trust. 

(ee)      “Trustee” means the corporation or individuals named in the agreement establishing the Trust and such successor and/or
additional trustees as may be named in accordance with the Trust Agreement. 

(ff)      “Valuation Date” means the last day of the Plan Year and such other date(s) as designated by the Administrator. 

-5- 

Article 2.      Participation. 

2.1      Commencement of Participation.  Each Eligible Employee who, as of the Restatement Effective Date, has filed an
election to defer Compensation in accordance with Section 3.1 or has an Account is a Participant in this Plan.  Each other Eligible Employee shall become a Participant in this Plan after he has timely filed an election to defer Compensation pursuant
to Section 3.1 or has a Supplemental Contribution credited to his Account.  An election to defer Compensation will be timely if it is filed in accordance with procedures established by the Administrator which shall require elections to be filed no
later than January 1 of the Plan Year to which the deferral election applies or, if an individual is designated by the Administrator as an Eligible Employee during the Plan Year, within 30 days following the date of such designation. 

2.2      Resumption of Participation Following Reemployment. If a Participant ceases to be an Employee and thereafter
returns to the employ of an Employer, he may again become a Participant following his reemployment, provided he is an Eligible Employee and has timely filed an election to defer Compensation pursuant to Section 3.1. 

2.3      Change in Employment Status. If any Participant continues in the employ of an Employer but ceases to be an Eligible
Employee, he shall continue to be a Participant until the entire amount of the value of his Account is paid; provided, however, he shall not be entitled to make Deferral Contributions or receive an allocation of Employer Contributions or
Supplemental Contributions during the period that he is not an Eligible Employee.

-6- 

Article 3.      Contributions. 

3.1      Deferral Contributions. 

(a)      Participant deferral elections.  Each Participant who is not a Senior Executive may elect to defer up to fifty (50) percent (in whole
percentages) of his future Compensation in excess of the Section 401(a)(17) Limit. 

(b)      Senior Executive deferral elections. Each Participant who is a Senior Executive may elect to defer (1) up to fifty (50) percent (in
whole percentages) of his future Compensation (excluding any Bonus deferred pursuant to Section 3.1(b)(2)) in excess of the Section 401(a)(17) Limit; and (2) up to ninety-five (95) percent (in whole percentages) of his future Compensation which
constitutes Bonus. 

(c)      Effectiveness of deferral election. A deferral election shall become effective on the first day of the Plan Year (or for an individual
who is designated as an Eligible Employee during the Plan Year and timely files a deferral election, the first day of the first payroll period that follows receipt by the Administrator of such election).  The election will be effective to defer
Compensation relating to all services performed in the Plan Year subsequent to the time such election becomes effective.  Any subsequent election will be effective as of the first day of the following Plan Year and will apply only to Compensation
payable with respect to services rendered after such date. Amounts credited to a Participant’s Account prior to the effective date of any subsequent election will not be affected by such subsequent election. 

(d)      Commencement of deferrals.  (i) Deferrals made pursuant to Section 3.1(a) and 3.1(b)(1) .  If a Participant’s Compensation for a Plan Year exceeds the Section 401(a)(17) Limit on account of payment of Compensation (excluding any Bonus), then deferrals pursuant to his election under Section 3.1(a) or 3.1(b)(1) shall
commence as of the payroll period coincident with or next following the payroll period in which the Participant’s Compensation exceeds the Section 401(a)(17) Limit (but deferrals shall be made only on Compensation in excess of the Section
401(a)(17) Limit).  If a Participant’s Compensation for a Plan Year exceeds the Section 401(a)(17) Limit on account of payment of Bonus, then deferrals pursuant to his election shall commence as of the payroll period in which the
Participant’s Compensation exceeds the Section 401(a)(17) Limit (but deferrals shall be made only on Compensation in excess of the Section 401(a)(17) Limit).  (ii)  Deferrals made pursuant to Section 3.1(b)(2)
.. Deferrals of Bonus pursuant to Section 3.1(b)(2) shall be made in the payroll period in which the Bonus would otherwise be paid. 

(e)      Election irrevocable except as required pursuant to Profit Sharing Plan.  An Employer shall credit to the Account maintained on behalf
of a Participant the amount of Compensation deferred pursuant to such Participant’s election. Under no circumstances may an election to defer Compensation be adopted or effective retroactively.  A Participant may not revoke or change an
election to defer Compensation for a Plan Year during that year; provided, however, that a Participant who has made a hardship withdrawal under the Profit Sharing Plan may not defer Compensation under this Plan for 

-7- 

a period of six months from the date of the withdrawal, unless otherwise determined by the Administrator. 

(f)      SMIP Bonus Subaccount.  A Participant’s Employer shall credit to the Participant’s SMIP Bonus Subaccount an amount
corresponding to the amount of Bonus payable under the Senior Management Incentive Plan deferred pursuant to Section 3.1(b)(2) . 

(g)      Vested Right. Subject to the claims of the Employer’s creditors in the event of the Employer’s insolvency, a Participant shall
have a nonforfeitable right to the value of Deferral Contributions credited to his Account. 

3.2      Participating Employer Contributions. 

(a)      Employer Contributions. (i) Matching Contribution. An Employer shall credit
an Employer Contribution to the Account maintained on behalf of each Participant who had Deferral Contributions credited to his Account for a payroll period. Notwithstanding the preceding sentence, no Employer Contribution shall be credited to the
Account of a Participant who is also a participant in the Quest Diagnostics Transferee Pension Plan for former Corning Incorporated employees. The amount of the Employer Contribution to be credited on behalf of a Participant shall be equal to the
applicable percentage specified from time to time in Section 3.2 of the Profit Sharing Plan of the Deferral Contributions made on behalf of the Participant with respect to such payroll period. (ii) Vested Right.
Subject to the claims of the Employer’s creditors in the event of the Employer’s insolvency, a Participant shall have a nonforfeitable right to the value of Employer Contributions credited to his Account.

(b)      Supplemental Contributions.  In addition, a Participant’s Employer may, from time to time in its sole discretion, credit a
Supplemental Contribution to a Participant’s Account in an amount determined by such Employer in its sole discretion and without regard to any Deferral Contribution elected by such Participant.  Unless otherwise specified by the Employer at the
time the Supplemental Contribution is made, a Participant shall have a nonforfeitable right to the value of such Supplemental Contribution credited to his Account, subject to the claims of such Employer’s creditors in the event of such
Employer’s insolvency. 

3.3      Transfer of Funds. Each Employer will, as soon as administratively practicable after each payroll period, make a
transfer of assets to the Trustee. The Employers shall provide the Trustee with information on the amount credited to each Participant’s Account. 

-8- 

Article 4.      Participants’ Accounts. 

4.1      Individual Accounts. The Administrator will establish and maintain an Account for each Participant which will
reflect Deferral Contributions, Employer Contributions and Supplemental Contributions credited to the Account and any notional earnings, expenses, gains and losses credited thereto, attributable to the investments in which the Participant’s
Account is treated as invested. For each Participant who was a participant in the MetPath Inc. Deferred Compensation Plan, the Administrator will establish and maintain, as part of such Participant’s Account, a subaccount (the “MetPath Plan Subaccount”) to reflect his participation in the MetPath Inc. Deferred Compensation Plan. The MetPath Plan Subaccount had an opening balance equal to the balance of the
Participant’s account under the MetPath Inc. Deferred Compensation Plan on the date the Participant’s balance under the MetPath Inc. Deferred Compensation Plan was transferred to this Plan (with interest credited, pursuant to the terms of
the MetPath Inc. Deferred Compensation Plan, from December 31, 1998 to the transfer date).  The Administrator will establish and maintain such other accounts and records as it decides in its discretion to be reasonably required or appropriate in
order to discharge its duties under the Plan. Participants will be furnished statements of their Account value at least once each Plan Year. 

4.2      Accounting for Payments.  A payment to the Participant or to the Participant’s Beneficiary(ies) shall be
charged to the Participant’s Account as of the date of such payment. 

-9- 

Article 5.      Investment of Contributions. 

5.1      Manner of Investment. All amounts credited to the Accounts of Participants shall be treated as though invested and
reinvested only in eligible investments selected by the Administrator. 

5.2      Investment Decisions. Investments in which the Accounts of Participants shall be treated as invested and reinvested
shall be directed by the Employer, each Participant, or both, as specified pursuant to procedures established by the Administrator from time to time. No portion of the Employer Contributions credited to a Participant’s Account on or after
January 1, 2003 or Deferral Contributions credited to a Participant’s Account on or after April 1, 2004 may be treated as though invested in Employer Stock, but the portion of the Employer Contributions credited to a Participant’s Account
before January 1, 2003 that was treated as though invested in Employer Stock shall continue, on and after January 1, 2003, to be treated as though invested in Employer Stock. 

Notwithstanding the preceding provisions of this Section 5.2, in no event may a Section 16 Executive direct that Deferral Contributions made by him on or after January 1, 2000 be treated as though invested in Employer Stock.

-10- 

Article 6.      Right to Benefits. 

6.1      Termination of Employment. If a Participant terminates his employment for any reason, the value of the
Participant’s Account will be paid in accordance with Article 7. 

6.2      Death.  If a Participant dies before payment of the value of his Account has commenced, or before such payment has
been completed, his designated Beneficiary or Beneficiaries will be entitled to receive the remaining balance of his Account. Payment to the Beneficiary or Beneficiaries will be made in accordance with Article 7. 

A Participant may designate a Beneficiary or Beneficiaries, or change any prior designation of Beneficiary or Beneficiaries by giving notice to the Administrator on a form designated by the Administrator. With respect to any
Beneficiary designations filed with the Administrator, after December 31, 2003, a Participant’s spouse must consent to his designation of a Beneficiary other than his spouse.  If more than one person is designated as the Beneficiary, their
respective interests shall be indicated on the designation form. A copy of the death notice or other sufficient documentation must be filed with and approved by the Administrator. If upon the death of the Participant there is, in the opinion of the
Administrator, no designated Beneficiary for part or all of the value of the Participant’s Account, such amount will be paid to his surviving spouse or, if none, to his estate (such spouse or estate shall be deemed to be the Beneficiary for
purposes of the Plan).  If a Beneficiary dies after payment to such Beneficiary has commenced, but before the full value of the Participant’s Account has been paid, and, in the opinion of the Administrator, no person has been designated to
receive such remaining balance, then such balance shall be paid to the deceased Beneficiary’s estate. 

6.3      Payment on a Designated Future Date.  Concurrently with a Participant’s election to defer Compensation
pursuant to Section 3.1 for any Plan Year (or the making of a Supplemental Contribution by an Employer), the Administrator may permit a Participant to designate a specific date on which a specified amount of the value of his Account attributable to
such election (or a Supplemental Contribution that is nonforfeitable) shall be paid in accordance with Article 7; provided that in the event of such Participant’s earlier termination of employment or death, his Account shall be paid in
accordance with Section 6.1 or 6.2, as the case may be. Unless otherwise permitted under procedures specified by the Administrator, such election shall be irrevocable. 

-11- 

6.4      Payment Due to an Unforeseen Emergency. A Participant shall not be permitted to withdraw any portion of the value
of his Account prior to termination of employment or any date specified pursuant to Section 6.3 (whichever occurs first), except a Participant may apply to the Administrator, in accordance with procedures specified by the Administrator, to withdraw
some or all of the value of his Account if such withdrawal is required on account of a financial hardship resulting from an unforeseen emergency. The Administrator shall establish criteria to determine what constitutes financial hardship.
Withdrawals made on account of financial hardship shall be made in a lump sum payment in accordance with Article 7.

6.5      Adjustment for Investment Experience.  If the total value of a Participant’s Account is not paid in a single
sum after the Participant terminates employment, the amount remaining in the Account after the first payment will continue to be treated as invested in an interest-bearing money market account and will be subject to adjustment until paid to reflect
the income, gains and losses on such deemed investment. 

6.6      Forfeiture of Unvested Amounts.  Any portion of the value of a Participant’s Account attributable to a
Supplemental Contribution that is not fully vested at the time he terminates employment shall be forfeited. 

-12- 

Article 7.      Payment of Benefits. 

7.1      Payment of Benefits to Participants and Beneficiaries. (a) Payments under the Plan to a Participant or to the
Beneficiary of the Participant shall be made in a lump sum in cash or, if permitted by the Administrator and specified in the Participant’s election to defer Compensation, under a systematic withdrawal plan (installment(s)) not exceeding 5
years, upon termination of employment or death.  Notwithstanding the preceding sentence, amounts attributable to that portion of the Employer Contribution credited to a Participant’s Account treated as though invested in Employer Stock pursuant
to Section 5.2 shall be paid in Employer Stock following termination of employment, and any amounts attributable to Deferral Contributions credited to a Participant’s Account treated as though invested in Employer Stock shall be paid in cash or
Employer Stock, as elected by the Participant. Payments under the Plan shall be made first from the value of the Participant’s SMIP Bonus Subaccount and then from the remaining value of the Participant’s Account. 

(b)      Payments under a systematic withdrawal plan must be made in substantially equal annual installments, in cash, over a period certain which does not exceed 5 years.

7.2      Determination of Method of Payment.  The Participant will determine the method of payment of benefits to himself
and the method of payment to his Beneficiary. Unless such determination was made at least one (1) year prior to the date on which a payment is to be made pursuant to Section 6.1, 6.2 or 6.3, the Participant’s prior determination shall govern
such payment.  If the Participant does not determine the method of payment to him or his Beneficiary within the time frame set forth in the preceding sentence, the method shall be a lump sum.

7.3      Right of Offset. The value of a Participant’s Account to be paid under the Plan may be reduced in accordance
with procedures established by the Administrator by any amount the Participant owes his Employer at the time payment is made. 

7.4      Payment in the Event of Taxation. If, for any reason, all or any portion of the value of a Participant’s
Account under this Plan becomes taxable to the Participant prior to receipt, a Participant may petition the Administrator for a payment of that portion of the value of his Account that has become taxable. Upon the grant of such a petition, a payment
shall immediately be made to a Participant in an amount equal to the taxable portion of the value of his Account (which amount shall not exceed the remaining balance of a Participant’s Account). If the petition is granted, the tax liability
payment shall be made as soon as practicable after the Participant’s petition is granted. 

-13- 

Article 8.      Amendment and Termination. 

8.1      Plan Amendment. The Compensation Committee of the Board of Directors of the Corporation shall have the authority to
approve amendments to the Plan at any time and from time to time; such amendments may amend the Plan in whole or in part.  In addition, the Chief Executive Officer and Vice President, Human Resources, of the Corporation, acting jointly (the
“Authorizing Officers”), are hereby authorized, without action by the Board of Directors or any committee thereof, to approve any amendment to the Plan (in whole or in part) at any time and from time to time; provided, however, that such amendment (x) has been recommended to the Authorizing Officers by the Corporation’s Benefits Committee and (y) does not increase the benefits under the Plan or otherwise
materially increase the Corporation’s costs with respect to the Plan.  The Authorizing Officers promptly shall report to the Compensation Committee of the Board of Directors any amendment approved by the Authorizing Officers pursuant to this
Section 8.1. Notwithstanding the foregoing, no amendment of the Plan may reduce the value of any Participant’s Account determined as though the Participant terminated his employment as of the date of such amendment 

8.2      Retroactive Amendments.  An amendment made by Quest Diagnostics in accordance with Section 8.1 may be made
effective on a date prior to the first day of the Plan Year in which it is adopted. Any retroactive amendment by the Employer shall be subject to the provisions of Section 8.1. 

8.3      Plan Termination.  Neither Quest Diagnostics nor any other Employer has any obligation or liability whatsoever to
maintain the Plan for any length of time and may discontinue deferrals under the Plan or terminate the Plan at any time without any liability hereunder for any such discontinuance or termination. 

8.4      Payment upon Termination of the Plan. Upon termination of the Plan, no further Deferral Contributions or Employer
Contributions shall be made under the Plan, but Accounts of Participants maintained under the Plan at the time of termination shall continue to be governed by the terms of the Plan until paid out in accordance with the terms of the Plan. In its
discretion, and notwithstanding any prior election made by the Participant, Quest Diagnostics may, upon Plan termination or at any time thereafter, cause each Participant to be paid in a single lump sum the value of the Participant’s Account in
full satisfaction of all obligations to the Participant under the Plan. 

-14- 

Article 9.      The Trust 

9.1      Establishment of Trust.  Quest Diagnostics has established the Trust between each Employer and the Trustee, in
accordance with the terms and conditions as set forth in a separate agreement, under which assets are held, administered and managed, subject to the claims of an Employer’s creditors in the event of such Employer’s insolvency, until paid
to Participants and their Beneficiaries as specified in the Plan. The Trust is intended to be treated as a grantor trust under the Code, and the establishment of the Trust is not intended to cause Participants to realize current income on amounts
contributed thereto or earnings on the Trust’s assets. 

-15- 

Article 10. Miscellaneous. 

10.1      Limitation of Rights. None of the establishment of the Plan or the Trust, or any amendment thereof, or the
creation of any fund or Account, or the payment of any benefits, will be construed as giving to any Participant or other person any legal or equitable right against an Employer, the Administrator or the Trustee, except as provided herein, and in no
event will the terms of employment or service of any Participant be modified or in any way affected hereby. 

10.2      Spendthrift Provision.  A Participant’s or Beneficiary’s right to payment under the Plan is not subject
in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, attachment, judgment, seizure, alimony or separate maintenance owed by Participant or his Beneficiary or garnishment by creditors of the Participant or his
Beneficiary, either voluntarily, involuntarily by operation of law or as a result of property settlement, and any attempt to cause such right to payment to be so subjected will not be recognized, except to such extent as shall be required by law.

10.3      Facility of Payment. In the event the Administrator determines, on the basis of medical reports or other evidence
satisfactory to the Administrator, that the recipient of any benefit payments under the Plan is incapable of handling his affairs by reason of minority, illness, infirmity or other incapacity, the Administrator may make such payments to a person or
institution designated by a court which has jurisdiction over such recipient or a person or institution otherwise having the legal authority under State law for the care and control of such recipient. The receipt by such person or institution of any
such payments therefore, and any such payment to the extent thereof, shall discharge the liability of the Employers and the Trust for the payment of benefits hereunder to such recipient. 

10.4.      Discharge of Obligations. Payment of the value of an Account under the Plan to a person believed in good faith by the
Administrator to be a valid Beneficiary shall fully and completely discharge the Employers from all further obligations under this Plan with respect to the Participant. Neither the Administrator nor Quest Diagnostics shall be obliged to search for
any Participant or Beneficiary beyond the sending of a registered letter to the Participant’s or Beneficiary’s last known address.  If the Administrator notifies any Participant or Beneficiary that he is entitled to an amount under the
Plan and the Participant or Beneficiary fails to claim such amount or make his location known to the Administrator within one year thereafter, then, except as otherwise required by law, if the location of one or more of the next of kin of the
Participant is known to the Administrator, the Administrator may direct payment of such amount to any one or more or all of such next of kin, and in such proportions as the Administrator determines. If the location of none of the foregoing persons
can be determined, the Administrator shall have the right to direct that the amount payable shall be deemed to be forfeited and retained by the Employers, except that the dollar amount of the forfeiture, unadjusted for deemed earnings, gains or
losses in the interim, may be paid in full satisfaction of the Employers’ obligations under this Plan in the sole discretion of the Administrator if a claim for payment subsequently is made by the Participant or the Beneficiary to whom it was
payable. If any benefit payable to a Participant or Beneficiary who has not been located 

-16- 

is subject to escheat pursuant to applicable state law, neither the Administrator nor Quest Diagnostics shall be liable to any person for any payment made in accordance with such law. 

10.5      Furnishing Information. A Participant or his Beneficiary will cooperate with the Administrator by furnishing any and all
information requested by the Administrator and take such other actions as may be requested in order to facilitate the administration of the Plan and the payments of amounts hereunder. 

10.6      Information between the Administrator and Trustee. The Administrator agrees to furnish the Trustee, and the
Trustee agrees to furnish the Administrator, with such information relating to the Plan and Trust as may be required by the other in order to carry out their respective duties hereunder, including without limitation information required under the
Code or ERISA and any regulations issued or forms adopted thereunder. 

10.7      Notices. Any notice or other communication in connection with this Plan shall be deemed delivered in writing if
addressed as provided below and if either actually delivered at said address or, in the case of a letter, three business days shall have elapsed after the same shall have been deposited in the United States mails, first-class postage prepaid and
registered or certified: 

(a)      If it is sent to Quest Diagnostics, an Employer or the Administrator, it will be at the address specified by Quest Diagnostics, such Employer or the Administrator, as
the case may be. 

(b)      If it is sent to the Trustee, it will be sent to the address set forth in the Trust Agreement; or, in each case at such other address as the addressee shall have
specified by written notice delivered in accordance with the foregoing to the addressee’s then effective notice address. 

10.8      Writings and Electronic Communications. All elections, notices and other communication with respect to the Plan,
including signatures relating to such documentation, may be executed and stored on paper, electronically or in another medium.  Any documentation executed or stored electronically shall comply with the Electronic Signatures Act.

10.9      Governing Law. The Plan will be construed, administered and enforced according to ERISA, and to the extent not
preempted thereby, the laws of the State of New Jersey. 

10.10      Construction. In the event that it is determined that a Participant or group of Participants does not qualify as
a select group of management or highly compensated employees as determined in accordance with Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA, the Administrator shall have the right, in its sole discretion, to (i) terminate any election to defer
Compensation made by each such Participant pursuant to Section 3.1 for the remainder of the Plan Year in which the Participant’s status changes, (ii) prevent the Participant from making future elections to defer Compensation and/or (iii)
immediately pay the value of the Participant’s Account and terminate the Participant’s participation in 

-17- 

the Plan. In any event, following such determination the Plan shall constitute two plans, one covering such non-qualifying Participants and one covering the remaining Participants up to the maximum number of participants
permissible for an unfunded deferred compensation plan maintained for the benefit of a select group of management or highly compensated employees under such sections of ERISA. 

-18- 

Article 11.      Plan Administration. 

11.1      Powers and Responsibilities of the Administrator.  The Administrator has the full power and the full
responsibility to administer the Plan in all of its details, subject, however, to the applicable requirements of ERISA.  The Administrator’s powers and responsibilities include, but are not limited to, the following: 

(a)      To make and enforce such rules and regulations as it deems necessary or proper for the efficient administration of the Plan; 

(b)      To interpret the Plan, its interpretation thereof in good faith to be final, conclusive and binding on all persons claiming payment under the Plan; 

(c)      To decide all questions concerning the Plan and the eligibility of any person to participate in the Plan; 

(d)      To administer the claims and review procedures specified in Section 11.3; 

(e)      To compute the amount of benefits which will be payable to any Participant, former Participant or Beneficiary in accordance with the provisions of the Plan; 

(f)      To determine the person or persons to whom such benefits will be paid; 

(g)      To authorize the payment of benefits; 

(h)      To comply with applicable requirements of Part 1 of Subtitle B of Title I of ERISA; and 

(i)      To appoint such agents, counsel, accountants, and consultants as may be required to assist in administering the Plan. 

11.2      Claims and Review Procedures. 

(a)      Claims Procedure. If any person believes he is being denied any rights or benefits under the Plan, such person may file a claim in
writing with the Administrator. If any such claim is wholly or partially denied, the Administrator will notify such person of its decision in writing.  Such notification will contain (i) specific reasons for the denial, (ii) specific reference to
pertinent Plan provisions, (iii) a description of any additional material or information necessary for such person to perfect such claim and an explanation of why such material or information is necessary, and (iv) information as to the steps to be
taken if the person wishes to submit a request for review.  Such notification will be given within 90 days after the claim is received by the Administrator (or within 180 days, if special circumstances require an extension of time for processing the
claim, and if written notice of such extension and circumstances is given to such person within the initial 90-day period).  If such notification is not given within such period, the claim will be considered denied as of the last day of such period
and such person may request a review of his claim. 

-19- 

(b)      Review Procedure.  Within 60 days after the date on which a person receives written notice of a denied claim (or, if applicable, within
60 days after the date on which such denial is considered to have occurred), such person (or his duly authorized representative) may (i) file a written request with the Administrator for a review of his denied claim and of pertinent documents and
(ii) submit issues and comments to the Administrator. The Administrator will notify such person of its decision in writing. Such notification will be written in a manner calculated to be understood by such person and will contain specific reasons
for the decision as well as specific references to pertinent Plan provisions. The decision on review will be made within 60 days after the request for review is received by the Administrator (or within 120 days, if special circumstances require an
extension of time for processing the request, such as an election by the Administrator to hold a hearing, and if written notice of such extension and circumstances is given to such person within the initial 60-day period). If the decision on review
is not made within such period, the claim will be considered denied. 

(c)      LIMITATIONS ON ACTIONS.  NO ACTION (WHETHER AT LAW, IN EQUITY OR OTHERWISE) SHALL BE BROUGHT BY OR ON BEHALF OF ANY PARTICIPANT OR
BENEFICIARY FOR OR WITH RESPECT TO PAYMENT DUE UNDER THIS PLAN UNLESS THE PERSON BRINGING SUCH ACTION HAS TIMELY EXHAUSTED THE PLAN’S CLAIM REVIEW PROCEDURE.  ANY ACTION (WHETHER AT LAW, IN EQUITY OR OTHERWISE) MUST
BE COMMENCED WITHIN ONE YEAR.  THIS ONE-YEAR PERIOD SHALL BE COMPUTED FROM THE EARLIER OF (I) THE DATE A FINAL DETERMINATION DENYING SUCH BENEFIT, IN WHOLE OR IN PART, IS ISSUED UNDER THE PLAN’S CLAIM REVIEW
PROCEDURE AND (II) THE DATE SUCH INDIVIDUAL’S CAUSE OF ACTION FIRST ACCRUED (AS DETERMINED UNDER THE LAWS OF THE STATE OF NEW JERSEY WITHOUT REGARD TO PRINCIPLES OF CHOICE OF LAWS). 

11.3      Plan’s Administrative Costs. 

The Employers shall pay all reasonable costs and expenses (including legal, accounting, and employee communication fees) incurred by the Administrator and the Trustee in administering the Plan and Trust. 

-20-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00131-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00131-of-00352.parquet"}]]