Document:

EX-10.1

 Exhibit (10.1) 
 COOPER TIRE & RUBBER COMPANY 
 EXECUTIVE DEFERRED COMPENSATION
PLAN 
 Amended and Restated as of January 1, 2013 

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
	 Article I. Purpose
	  			
		
	 1.1. Statement of Purpose and Effective Date
	  	 	1	  
		
	 Article II. Definitions and Construction
	  			
		
	 2.1. Definitions
	  	 	1	  
	 2.2. Construction
	  	 	5	  
		
	 Article III. Participation and Deferrals
	  			
		
	 3.1. Eligibility and Participation
	  	 	5	  
	 3.2. Ineligible Participant
	  	 	6	  
		
	 Article IV. Deferral of Base Salary and Cash Awards
	  			
		
	 4.1. Deferral of Base Salary
	  	 	6	  
	 4.2. Deferral of Cash Awards
	  	 	6	  
		
	 Article V. Participant Accounts
	  			
		
	 5.1. Establishment of Accounts
	  	 	7	  
	 5.2. Crediting of Base Salary and Cash Awards Deferrals
	  	 	7	  
	 5.3. Determination of Accounts
	  	 	7	  
	 5.4. Adjustments to Accounts
	  	 	7	  
	 5.5. Statement of Accounts
	  	 	7	  
	 5.6. Vesting of Accounts
	  	 	7	  
		
	 Article VI. Financing of Benefits
	  			
		
	 6.1. Investment of Accounts
	  	 	8	  
	 6.2. Financing of Benefits
	  	 	9	  
	 6.3. Funding
	  	 	9	  
		
	 Article VII. Distribution of Benefits
	  			
		
	 7.1. Settlement Date
	  	 	10	  
	 7.2. Amount to Be Distributed
	  	 	10	  
	 7.3. Death or Termination for Cause Distribution
	  	 	10	  
	 7.4. In-Service Distribution
	  	 	10	  
	 7.5. Form of Distribution
	  	 	10	  
	 7.6. Specified Employees
	  	 	11	  
	 7.7. Termination and Distribution of De Minimus Plan Balances
	  	 	11	  
	 7.8. Elections to Change Time or Form of Distribution
	  	 	11	  
		
	 Article VIII. Beneficiary Designation
	  			
		
	 8.1. Beneficiary Designation
	  	 	12	  
	 8.2. Facility of Payment
	  	 	12	  
	 8.3. Amendments
	  	 	12	  

  
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	 Article IX. Administration
	  			
		
	 9.1. Administration
	  	 	13	  
	 9.2. Plan Administrator
	  	 	13	  
	 9.3. Binding Effect of Decisions
	  	 	13	  
	 9.4. Successors
	  	 	14	  
	 9.5. Indemnity of Committee and Administrator
	  	 	14	  
	 9.6. Claims Procedure
	  	 	14	  
	 9.7. Expenses
	  	 	14	  
		
	 Article X. Amendment and Termination Of Plan
	  			
		
	 10.1. Amendment
	  	 	15	  
	 10.2. Termination
	  	 	15	  
		
	 Article XI. Miscellaneous
	  			
		
	 11.1. No Guarantee of Employment
	  	 	15	  
	 11.2. Governing Law
	  	 	15	  
	 11.3 Nonassignability
	  	 	15	  
	 11.4. Severability
	  	 	16	  
	 11.5. Withholding Taxes
	  	 	16	  
	 11.6. Legal Fees, Expenses Following a Change in Control
	  	 	16	  
	 11.7. Top-Hat Plan
	  	 	17	  

  
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 COOPER TIRE & RUBBER COMPANY 

EXECUTIVE DEFERRED COMPENSATION PLAN 
 Amended and Restated as of January 1, 2013 
 Article I. Purpose

  

	1.1.	Statement of Purpose and Effective Date. This is the Cooper Tire & Rubber Company Executive Deferred Compensation Plan, as amended and restated as of
January 1, 2013 (the “Plan”). The purpose of the Plan is to provide designated management and highly compensated employees with the option to defer the receipt of a portion of their regular compensation and annual cash incentives
under an Incentive Compensation Plan including any successor to such plan and any subsequent plan pursuant to which annual cash incentives are granted. The Plan’s objective is to assist in attracting and retaining employees of exceptional
ability by providing this benefit. Accordingly, the Plan as last amended and restated as of January 1, 2008 is hereby amended and restated effective as of January 1, 2013 (the “Effective Date”). The terms and conditions of the
Plan are set forth below. 

 Article II. Definitions and Construction 

 

	2.1.	Definitions. Whenever the following terms are used in this Plan they shall have the meanings specified below unless the context clearly indicates to the
contrary: 

  

	 	a.	“Account” means the bookkeeping account maintained on the books of the Company and/or a Third Party Record Keeper pursuant to Articles IV and V for the
purpose of accounting for (i) the amount of Base Salary that a Participant elects to defer under the Plan and (ii) the amount of Cash Award that a Participant elects to defer under the Plan. A Participant’s Account may consist of
(i) a cash subaccount if the Participant elects to defer the receipt of Base Salary or Cash Awards, and (ii) one or more subaccounts for Investments. 

 

	 	b.	“Accounting Date” means the last business day of each month and any other date selected by the Committee. 

 

	 	c.	“Accounting Period” means the period beginning on the day immediately following an Accounting Date and ending on the next following Accounting Date.

  

	 	d.	“Administrator” means a committee consisting of one or more persons who shall be appointed by and serve at the pleasure of the Committee.

  

	 	e.	“Affiliate” means any corporation, limited liability company, joint venture, partnership, or other legal entity in which the Company owns, directly or
indirectly, or has previously owned at least 50 percent of the capital stock, profits, interest or capital interest. 

  

	 	f.	“Base Salary” means a Participant’s base earnings paid by the Company without any regard to any increases or decreases in base earnings as a
result of an election to defer base earnings under this Plan, or an election between benefits or cash provided under a plan of the Company maintained pursuant to Sections 125 or 401(k) of the Code. 

  
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	 	g.	“Beneficiary” means the person or persons (natural or otherwise) designated or deemed to be designated by the Participant pursuant to Article VIII to
receive benefits payable under the Plan in the event of Participant’s death. 

  

	 	h.	“Board” means the Board of Directors of the Company. 

  

	 	i.	“Cash Award” means any annual cash award(s) to an Employee for a Plan Year under an Incentive Compensation Plan which is earned with respect to
services performed by the Employee during such Plan Year, whether or not such award is actually paid to the Employee during such Plan Year. 

  

	 	j.	“Cause” means that, prior to any termination of employment, the Employee shall have committed: 

 

	 	(1)	any act or omission constituting a material breach by an Employee of any of his significant obligations to or agreements with the Company or an Affiliate or the
continued failure or refusal of the Employee to adequately perform the duties reasonably required by the Company or an Affiliate which, in each case, is materially injurious to the financial condition or business reputation of, or is otherwise
materially injurious to, the Company or any Affiliate thereof, after notification by the Committee of such breach, failure or refusal and failure of the Employee to correct such breach, failure or refusal within 30 days of such notification (other
than by reason of the incapacity of the Employee due to physical or mental illness); or 

  

	 	(2)	any other willful act or omission which is materially injurious to the financial condition or business reputation of, or is otherwise materially injurious to, the
Company or any Affiliate, and failure of the Employee to correct such act or omission within 30 days after notification by the Committee of any such act or omission (other than by reason of the incapacity of the Executive due to physical or mental
illness); or 

  

	 	(3)	the Employee is found guilty of, or pleads guilty or nolo contendere to, a felony or any criminal act involving fraud, embezzlement, or theft.

  

	 	k.	 For purposes of this Plan, no act, or failure to act, on the Employee’s part shall be deemed “willful” if done, or omitted to be
done, by the Employee in good faith and with a reasonable belief that the Employee’s action or omission was in the best interest of the Company or any Affiliate. Any notification to be given by the Committee in accordance with
Section 2.1(j)(1) or 2.1(j)(2) shall be in writing and shall specifically identify the breach, failure, refusal, act or omission to which the notification relates and shall describe the injury to the Company or any Affiliate, and such
notification must be given within 12 months of the Committee becoming aware of the breach, failure, refusal, act, omission or injury identified in the notification. Failure to notify the Employee within any such 12-month period shall be deemed to be
a waiver by the Committee of any such breach, failure, refusal, act or omission by the Employee and any such breach, failure, refusal, act or omission by the Employee shall not then be determined to be a breach of this Plan. For the avoidance of
doubt and for the purpose of determining Cause, the exercise of business judgment by the Employee shall not be determined to be Cause, even if such business judgment materially injures the financial

  
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condition or business reputation of, or is otherwise materially injurious to the Company or any Affiliate, unless such business judgment by the Employee was not made in good faith, or constitutes
willful or wanton misconduct, or was an intentional violation of state or federal law. In addition, for purposes of this definition of “Cause,” references to an “Affiliate” shall mean the applicable Affiliate for whom the
Employee provides services. 

  

	 	l.	“Change in Control” means the occurrence of any of the events as defined in the Cooper Tire & Rubber Company Change in Control Severance Pay
Plan (Amended and Restated as of August 4, 2010) as amended from time to time (the “CIC Plan”) including a Potential Change in Control as defined in the CIC Plan. 

 

	 	l.	“Claimant” has the meaning set forth in Section 9.6(a). 

 

	 	m.	“Code” means the Internal Revenue Code of 1986, as amended from time to time; any reference to a provision of the Code shall also include any successor
provision thereto. 

  

	 	n.	“Committee” means the Compensation Committee of the Board. 

 

	 	o.	“Common Stock Fund” means the Cooper Tire & Rubber Company Stock Fund under the Cooper Tire & Rubber Company Spectrum Investment
Savings Plan, as amended. 

  

	 	p.	“Company” means Cooper Tire & Rubber Company and any successor or successors thereto. 

 

	 	q.	“Disability” means the Employee becomes disabled and qualifies to receive disability benefits pursuant to the Company’s long-term disability plan
in effect immediately prior to the occurrence of the disability, provided that the Employee is eligible to participate in such long-term disability plan (regardless of whether or not the Employee has elected to participate in such long-term
disability plan). 

  

	 	r.	“Employee” means any employee of the Company or an Affiliate who is, as determined by the Committee, a member of a “select group of management or
highly compensated employees” of the Company, within the meaning of 

  

	 	    	Sections 201, 301 and 401 of ERISA, and who is designated by the Committee as an Employee eligible to participate in the Plan. 

 

	 	s.	“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time; any reference to a provision of ERISA shall also
include any successor provision thereto. 

  

	 	t.	“Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time, and any rules promulgated thereunder (or any successor
provision thereto). 

  

	 	u.	“Incentive Compensation Plan” means Cooper Tire & Rubber Company’s Incentive Compensation Plan, as amended, and any successor or
subsequent incentive compensation plans pursuant to which annual cash incentives are granted. 

  
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	 	v.	“Insider Participant” means any Participant who is required to file reports with the Securities and Exchange Commission pursuant to Section 16(a)
of the Exchange Act. 

  

	 	w.	“Investments” has the meaning set forth in Section 6.1(a). 

 

	 	x.	“Participant” means an Employee participating in the Plan in accordance with the provisions of Section 3.1, or a former Employee retaining
benefits under the Plan that have not been fully paid. 

  

	 	y.	“Participation Agreement” means the agreement(s) submitted by a Participant to the Administrator as provided in Section 3.1(b) in the form
approved by the Administrator. 

  

	 	z.	“Plan Year” means the 12-month period beginning January 1 and ending the following December 31. 

 

	 	aa.	“Request” has the meaning set forth in Section 6.1(c). 

 

	 	bb.	“Rule 16b-3” means Rule 16b-3 promulgated under the Exchange Act (or any successor rule to the same effect), as in effect from time to time.

  

	 	cc.	“Settlement Date” means the date on which a Participant terminates employment with the Company. Leaves of absence granted by the Company will not be
considered as termination of employment during the term of such leave. Settlement Date shall also include with respect to any deferral the date prior or subsequent to termination of employment selected by a Participant in a Participation Agreement
for distribution of all or a portion of the amounts deferred during a Plan Year as provided in Section 7.5. 

  

	 	dd.	“Specified Employee” means any Participant designated by the Company as such in accordance with Treasury Regulation 1.409A-1(i) as of December 31
each year for the following Plan Year. 

  

	 	ee.	“Spectrum Investment Savings Plan” means the Cooper Tire & Rubber Company Spectrum Investment Savings Plan, as amended or restated from time
to time. 

  

	 	ff.	“Terminated Participant” has the meaning set forth in Section 11.3(a). 

 

	 	gg.	“Third Party Record Keeper” means an independent service provider that has been designated by the Company to maintain detailed records for
Participant’s Accounts including “notional” investments, contributions, gains and losses, etc. on behalf of the Company. 

  

	 	hh.	“Trust” has the meaning set forth in Section 6.3(a). 

 

	 	ii.	“Trust Agreement” has the meaning set forth in Section 6.3(a). 

 

	 	jj.	“Trustee” has the meaning set forth in Section 6.3(a). 

  
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	2.2.	Construction. The masculine gender, where appearing in the Plan, shall be deemed to include the feminine gender, and the singular may include the plural, unless
the context clearly indicates to the contrary. The words “hereof,” “herein,” “hereunder,” and other similar compounds of the word “here” shall mean and refer to the entire Plan, and not to any particular
provision or Section. 

 Article III. Participation and Deferrals 

 

	3.1.	Eligibility and Participation. 

  

	 	a.	Eligibility. Eligibility to participate in the Plan for any Plan Year is limited to Employees. 

 

	 	b.	Participation. Participation in the Plan shall be limited to Employees who elect to participate in the Plan by properly completing, executing and filing a
Participation Agreement with the Administrator. A properly completed and executed Participation Agreement shall be filed (i) on or prior to the December 31 immediately preceding each Plan Year in which the Participant’s participation
in the Plan will commence with respect to deferral of Base Salary; or (ii) on or prior to the December 31 immediately preceding the Plan Year with respect to which an annual Cash Award may be earned. The election to participate shall be
effective as provided therein following receipt by the Administrator of the Participation Agreement. Each Participation Agreement for the Plan shall be effective only with regard to Base Salary and Cash Awards earned and payable following the later
of the effective date of the Participation Agreement or the date the Participation Agreement is filed with the Administrator. 

  

	 	c.	Initial Year of Participation. Notwithstanding Section 3.1(b), a Participant who first becomes an Employee during a Plan Year may, within 30 days after he
becomes an eligible Employee, elect to participate in the Plan for such Plan Year and any Plan Year thereafter by filing a Participation Agreement with the Administrator, and his Participation Agreement shall be effective only with regard to Base
Salary and Cash Awards earned following the filing of the Participation Agreement with the Administrator. 

  

	 	d.	Termination of Participation. Participation in the Plan shall continue as long as the Participant is eligible to receive benefits under the Plan. A Participant
may elect to terminate his or her participation in the Plan by filing a written notice thereof with the Administrator. The termination shall be effective at any time specified by the Participant in the notice, but not earlier than the first day of
the next Plan Year following receipt by the Administrator. Amounts credited to such Participant’s Account with respect to periods prior to the effective date of such termination shall continue to be payable pursuant to, receive earnings and be
credited with gains and debited with losses thereon (where applicable), and otherwise governed by, the terms of the Plan. 

  
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	3.2.	Ineligible Participant. Notwithstanding any other provisions of this Plan to the contrary, if the Administrator determines that any Participant may not qualify
as a “management or highly compensated employee” within the meaning of ERISA or regulations thereunder, the Administrator may determine, in its sole discretion, that such Participant shall cease to be eligible to participate in this Plan.
Amounts credited to such Participant’s Account with respect to periods prior to the effective date of such determination shall continue to be payable pursuant to, receive earnings and be credited with gains and debited with losses thereon
(where applicable), and otherwise governed by, the terms of the Plan. 

 Article IV. Deferral of Base Salary and
Cash Awards 
  

	4.1.	Deferral of Base Salary. With respect to each Plan Year, a Participant may elect to defer a specified dollar amount or percentage of Base Salary, up to 80
percent of the Participant’s Base Salary. A Participant may change the dollar amount or percentage of Participant’s Base Salary to be deferred by filing a written notice thereof with the Administrator. Any such change shall be effective as
of the first day of the Plan Year following the Plan Year in which such notice is filed with the Administrator. 

  

	4.2.	Deferral of Cash Awards. With respect to each Plan Year, a Participant may elect to defer a specified dollar amount or percentage of Participant’s annual
Cash Awards, up to the full amount of such awards. A Participant may change the dollar amount or percentage of Participant’s annual Cash Award to be deferred by filing a written notice thereof with the Administrator. Any such change shall be
effective with respect to any Plan Year following the receipt by the Administrator of such notice, if such notice is filed not later than the dates specified in Section 3.1(b). 

  
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 Article V. Participant Accounts 

 

	5.1.	Establishment of Accounts. The Company, through its accounting records or a Third Party Record Keeper, shall establish an Account for each Participant. In
addition, one or more subaccounts of a Participant’s Account may be established, if the Company determines that such subaccounts are necessary or appropriate in administering the Plan. 

 

	5.2.	Crediting of Base Salary and Cash Awards Deferrals. The portion of a Participant’s Base Salary or Cash Awards that is deferred pursuant to a Participation
Agreement shall be credited to the Participant’s Account as of the date the corresponding non-deferred portion of his award would have been paid to the Participant. Any withholding of taxes or other amounts with respect to any deferred award
which is required by state, federal or local law shall be withheld from the Participant’s non-deferred compensation. 

  

	5.3.	Determination of Accounts. 

  

	 	a.	Determination of Accounts. The amount credited to each Participant’s Account as of a particular date shall equal the deemed balance of such Account as of
such date. The balance in the Account shall equal the amount credited pursuant to Section 5.2, and shall be adjusted in the manner provided in Section 5.4. 

 

	 	b.	Accounting. The Company, through its accounting records or a Third Party Record Keeper, shall maintain a separate and distinct record of the amount in each
Account as adjusted to reflect income, gains, losses and distributions. 

  

	5.4.	Adjustments to Accounts. 

  

	 	a.	The Participant’s Account shall next be credited or debited, as the case may be, with income (loss) relating to notional gains and losses in the
“notional” Investments selected by the Participant as described in Section 6.1(a) (as adjusted pursuant to Section 5.2 and Section 5.4(a) for the current Accounting Period). 

 

	 	b.	After the crediting or debiting described in subsection (a) above, each Participant’s Account shall be immediately debited with the amount of any
distributions under the Plan to or on behalf of the Participant or, in the event of Participant’s death, the Participant’s Beneficiary. 

  

	5.5.	Statement of Accounts. At least annually, a statement shall be furnished to each Participant or, in the event of his death, to his Beneficiary showing the status
of Participant’s Account as of the end of the most recent Accounting Period, any changes in his Account since the date of the most recent statement furnished to the Participant, and such other information as the Administrator shall determine.

  

	5.6.	Vesting of Accounts. Each Participant shall at all times have a nonforfeitable interest in his or her Account balance. 

  
 7 

 Article VI. Financing of Benefits 

 

	6.1.	Investment of Accounts. 

  

	 	a.	As soon as practicable after the crediting of any amount to a Participant’s Account, the Company may, in its sole discretion, direct that the Administrator invest
the amount credited, in whole or in part, in one or more separate investment funds or vehicles. The Participant may elect to direct the investment of the amount credited, in whole or in part, in one or more separate notional investment options in
his or her Account maintained by the Third Party Record Keeper, including, without limitation, in any investment options available under the Spectrum Investment Savings Plan. 

 

	 	    	Investment options may change from time to time. Current and future allocations among the investment alternatives for a Participant’s Account shall be directed by
each Participant in accordance with procedures established by the Administrator. If a Participant fails to provide any such instructions in a timely manner, all of the amounts credited to his or her Account shall be deemed to be invested in the
Short Term Fixed Income investment option under the Spectrum Investment Savings Plan. 

  

	 	    	Subject to the Company’s general policies on insider trading in Company Common Stock, Participants may elect to give directions or modify previous directions for
the investment of his or her Account in the following respects by giving such advance written notice to the Company as the Administrator shall require: 

  

	 	(1)	the Participant may give or modify directions for the deemed investment of amounts to be credited to his or her notional account as of or after any future date among
the investment options available under the Spectrum Investment Savings Plan; and 

  

	 	(2)	the Participant may elect to have the notional balance in his or her Account then deemed to be held in the Short Term Fixed Income investment option under the Spectrum
Investment Savings Plan (or any identified fraction or dollar amount he or she designates) invested among the other investment options available under the Spectrum Investment Savings Plan. 

 

	 	b.	Regardless of the notional investments selected by a Participant pursuant to Section 6.1(a) above, the Company may, in its sole discretion, retain the amount
credited as cash to be added to its general assets or it may fund a Trust as described in Section 6.3 of this Plan. The Company shall be the sole owner and beneficiary of all funds, and all contracts and other evidences of any funding shall be
registered in the name of the Company. The Company, under the direction of the Administrator, shall have the unrestricted right to sell any of the investments included in the Trust and the unrestricted right to reinvest the proceeds of the sale in
other investments. 

  

	 	c.	An Investment election or change request (“Request”), unless modified as described below, may be changed with respect to such amounts previously credited to a
Participant’s Account as of such date as described in Section 6.1(a) including amounts subsequently credited to a Participant’s Account. 

  
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	 	d.	Notwithstanding the foregoing, if an Insider Participant modifies his Request to have the deemed investment of any portion of the amounts previously credited to such
Insider Participant’s Account changed (x) to the Company’s Common Stock Fund consisting of the Common Shares of the Company from any of the other investment funds or (y) from the Company’s Common Stock Fund consisting of the
Common Shares of the Company to any of the other investment funds, then in either such case such Request will not be processed by the Administrator or the Third Party Record Keeper if, in the sole judgment of the Administrator or the Third Party
Record Keeper, the processing of such Request would result in the Insider Participant being liable to the Company under Section 16(b) of the Exchange Act, as amended. The provisions of this Section 6.1(d) with respect to Insider
Participants shall apply to any Participant immediately upon the time such Participant becomes an Insider Participant and shall continue until such time as such Participant is no longer an Insider Participant. 

 

	 	e.	Earnings on any amounts deemed to have been invested in any Investments shall be deemed to have been reinvested in such Investments. 

 

	6.2.	Financing of Benefits. Benefits payable under the Plan to a Participant or, in the event of his death, to his Beneficiary shall be paid by the Company from its
general assets. Notwithstanding the fact that the Participants’ Accounts may be adjusted by an amount that is measured by reference to the performance of any deemed Investments as provided in Section 6.1, no person entitled to payment
under the Plan shall have any claim, right, security interest or other interest in any fund, trust, account, insurance contract, or asset of the Company which may be responsible for such payment. 

 

	6.3.	Funding. 

  

	 	a.	Notwithstanding the provisions of Section 6.2, nothing in this Plan shall preclude the Company from setting aside amounts in a trust (“Trust”) pursuant
to one or more trust agreements between a trustee and the Company. However, Participants, their Beneficiaries, and their heirs, successors and assigns, shall have no secured interest or claim in any property or assets of the Company or the Trust.
The Company’s obligation under the Plan shall be merely that of an unfunded and unsecured promise of the Company to pay money in the future. Notwithstanding the foregoing, in the event of a Change in Control, all then undistributed amounts
under this Plan shall be promptly deposited by the Company, to the extent it has not done so to PNC Bank, National Association or its successor (“Trustee”), pursuant to the Company’s Master Grantor Trust Agreement dated
January 1, 2011, (“Trust Agreement”) as provided in the CIC Plan, as subsequently amended. All applicable provisions of paragraph 6 of the CIC Plan shall apply to any funding under this Plan. Any funds contained in the Trust shall
remain liable for the claims of the Company’s general creditors. 

  

	 	b.	Any payments of benefits by the Trustee to the Participant pursuant to the Trust Agreement shall, to the extent thereof, discharge the Company’s obligation to pay
benefits under the terms of this Plan, it being the intent of the Company that assets in the Trust be held as security for the Company’s obligation to pay benefits under this Plan. 

  
 9 

 Article VII. Distribution of Benefits 

 

	7.1.	Settlement Date. A Participant or, in the event of Participant’s death, his or her Beneficiary shall be entitled to distribution of all or a part of the
balance of the Account, as provided in this Article VII, following the Settlement Date or Dates. 

  

	7.2.	Amount to Be Distributed. The amount to which a Participant or, in the event of death, the Participant’s Beneficiary, is entitled in accordance with the
following provisions of this Article shall be based on the Participant’s adjusted account balance determined as of the Accounting Date coincident with or next following the Settlement Date or Dates. 

 

	7.3.	Death or Termination for Cause Distribution. Except as provided with respect to a Specified Employee in Section 7.6 hereof, upon the earlier of
(i) termination of service of the Participant as an Employee of the Company for Cause, or (ii) the death of a Participant, the Company shall, in accordance with this Article VII, pay to the Participant or Participant’s Beneficiary
(or, upon the death of a Beneficiary, to the Beneficiary’s estate), as the case may be, the balance of the Account in a lump sum. Such payment shall be made no later than March 15 of the year following the death or termination of service
of the Participant and shall completely discharge the Company’s obligations under this Plan. 

  

	7.4.	In-Service Distribution. A Participant may irrevocably elect to receive an in-service distribution of his deferred Base Salary, Cash Award and earnings thereon
for any Plan Year on, or commencing not earlier than, the beginning of the third Plan Year following the Plan Year in which such Base Salary, Cash Awards otherwise would have been first payable. A Participant’s election of an in-service
distribution shall be made in the Participation Agreement filed as provided in Section 3.1. Any benefits paid to the Participant as an in-service distribution shall reduce the Participant’s Account. 

 

	7.5.	Form of Distribution. 

  

	 	a.	As soon as practicable after the end of the Accounting Period in which a Participant’s Settlement Date occurs, but in no event later than 30 days following the end
of such Accounting Period, the Company shall distribute or cause to be distributed to the Participant the balance of the Participant’s Account as determined under Section 7.2, under one of the forms provided in this Section.
Notwithstanding the foregoing, except as provided in Section 7.3, if elected by the Participant in the Participation Agreement filed as provided in Section 3.1, the distribution of all or a portion of the Participant’s Account may be
made or commence on a date between the Settlement Date and the date the Participant attains age 65. 

  

	 	b.	Distribution of a Participant’s Account with respect to any Plan Year shall be made in one of the following forms as elected by the Participant:

  

	 	(1)	by payment in cash in a specified sum; 

  

	 	(2)	by payment in cash in not greater than ten annual installments, provided, however, that each installment is not less than $10,000; or 

 

	 	(3)	a combination of (1) and (2) above. 

  
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	 	    	The Participant shall designate the percentage payable under each option. 

  

	 	c.	The Participant’s election of the time and form of distribution shall be made by the Participant in the Participation Agreement filed as provided in
Section 3.1. 

  

	 	d.	The amount of each installment under Section 7.5(b) shall be equal to the quotient obtained by dividing the Participant’s Account balance as of the date of
such installment payment by the number of installment payments remaining to be made to or in respect of such Participant at the time of calculation. 

  

	 	e.	If a Participant fails to make an election in a timely manner as provided in this Section 7.5, distribution shall be made in cash as applicable, in a single lump
sum no later than March 15 of the year immediately following the year of the Settlement Date. 

  

	7.6.	Specified Employees. Notwithstanding anything herein that may be interpreted to the contrary, no distribution shall be made to a Specified Employee by reason of
termination of employment until six months after the date the Specified Employee’s employment terminated. After such six-month period has elapsed, any distributions deferred by reason of this Section 7.6 shall within 30 days be distributed
in a lump sum to the Participant and any additional scheduled distributions to which the Participant may be entitled shall be distributed to the Participant in accordance with this Section 7. 

 

	7.7.	Termination and Distribution of De Minimus Plan Balances. In the event the Committee determines that the value of a Participant’s Account at the time of a
qualifying distribution event is $15,000 or less, the Company may terminate the Participant’s participation in the Plan and pay the Participant the value of the Participant’s Account to the Participant in the form of a lump sum payment,
notwithstanding any other provision herein that may be interpreted to the contrary. 

  

	7.8.	Elections to Change Time or Form of Distribution. A Participant may elect to change the time or form of any distribution as initially elected in the
Participation Agreement filed with the Administrator in accordance with Section 3.1 provided (i) the election will not be effective unless it is filed with the Administrator no later than 12 months prior to the date the distribution is
made or, in the case of a series of distributions, 12 months prior to the date on which the first such distribution is to be made and (ii) the election must defer distribution, or in the case of a series of distributions, the first such
distribution, for a period of not less than five years. 

  
 11 

 Article VIII. Beneficiary Designation 

 

	8.1.	Beneficiary Designation. 

  

	 	a.	As used in the Plan the term “Beneficiary” means: 

  

	 	(1)	The person last designated as Beneficiary by the Participant in a writing on a form prescribed by the Administrator; 

 

	 	(2)	If there is no designated Beneficiary or if the person so designated shall not survive the Participant, such Participant’s spouse; or 

 

	 	(3)	If no such designated Beneficiary and no such spouse is living upon the death of a Participant, or if all such persons die prior to the full distribution of the
Participant’s Account balance, then the legal representative of the last survivor of the Participant and such persons, or, if the Administrator shall not receive notice of the appointment of any such legal representative within one year after
such death, the heirs-at-law of such survivor shall be the Beneficiaries to whom the then remaining balance of the Participant’s Account shall be distributed (in the proportions in which they would inherit his intestate personal property).

  

	 	b.	Any Beneficiary designation may be changed from time to time by the filing of written notice with the Administrator. No notice given under this Section shall be
effective unless and until the Administrator actually receives such notice. 

  

	8.2.	Facility of Payment. Whenever and as often as any Participant or his Beneficiary entitled to payments hereunder shall be under a Disability or, in the sole
judgment of the Administrator, shall otherwise be unable to apply such payments to his own best interests and advantage, the Administrator in the exercise of its discretion may direct all or any portion of such payments to be made in any one or more
of the following ways: (i) directly to the Participant; (ii) to the Participant’s legal guardian or conservator; or (iii) to the Participant’s spouse or to any other person, to be expended for the Participant’s benefit;
and the decision of the Administrator, shall in each case be final and binding upon all persons in interest. 

  

	8.3.	Amendments. Any Beneficiary designation may be changed by a Participant by the filing of a new Beneficiary designation, which will cancel all Beneficiary
designations previously filed. 

  
 12 

 Article IX. Administration 

 

	9.1.	Administration. 

  

	 	a.	The Plan shall be administered by the Administrator. The Administrator shall have total and exclusive responsibility to control, operate, manage and administer the Plan
in accordance with its terms. 

  

	 	b.	The Administrator shall have sole and absolute discretion to interpret the provisions of the Plan (including, without limitation, by supplying omissions from,
correcting deficiencies in, or resolving inconsistencies or ambiguities in, the language of the Plan), to make factual findings with respect to any issue arising under the Plan, to determine the rights and status under the Plan of Participants and
other persons, to decide disputes arising under the Plan and to make any determinations and findings (including factual findings) with respect to the benefits payable thereunder and the persons entitled thereto as may be required for the purposes of
the Plan. In furtherance of, but without limiting the foregoing, the Administrator is hereby granted the following specific authorities, which it shall discharge in its sole and absolute discretion in accordance with the terms of the Plan (as
interpreted, to the extent necessary, by the Administrator): 

  

	 	(1)	To determine the amount of benefits, if any, payable to any person under the Plan (including, to the extent necessary, making any factual findings with respect
thereto); and 

  

	 	(2)	To conduct the claims procedures specified in Section 9.6. 

  

	 	    	All decisions of the Administrator as to the facts of any case, as to the interpretation of any provision of the Plan or its application to any case, and as to any
other interpretative matter or other determination or question under the Plan shall be final and binding on all parties affected thereby, subject to the provisions of Section 9.6. 

 

	 	c.	The Administrator may, from time to time, employ agents and delegate to them such administrative duties as it sees fit, and may from time to time consult with legal
counsel who may be counsel to the Company. 

  

	9.2.	Plan Administrator. The Company shall be the “plan administrator” under the Plan for purposes of ERISA. 

 

	9.3.	Binding Effect of Decisions. All decisions and determinations by the Administrator shall be final and binding on all parties. All decisions of the Administrator
shall be made by the vote of the majority, including actions in writing taken without a meeting. All elections, notices and directions under the Plan by a Participant shall be made on such forms as the Administrator shall prescribe.

  
 13 

	9.4.	Successors. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) to all or
substantially all of the business and/or assets of the Company expressly to assume and to agree to perform this Plan in the same manner and to the same extent the Company would be required to perform if no such succession had taken place. This Plan
shall be binding upon and inure to the benefit of the Company and any successor of or to the Company, including without limitation any persons acquiring directly or indirectly all or substantially all of the business and/or assets of the Company
whether by sale, merger, consolidation, reorganization or otherwise (and such successor shall thereafter be deemed the “Company” for the purposes of this Plan), and the heirs, Beneficiaries, executors and administrators of each
Participant. 

  

	9.5.	Indemnity of Committee and Administrator. The Company shall indemnify and hold harmless the members of the Committee and the Administrator and their duly
appointed agents against any and all claims, loss, damage, expense or liability arising from any action or failure to act with respect to the Plan, except in the case of gross negligence or willful misconduct by any such member or agent of the
Committee and the Administrator. 

  

	9.6.	Claims Procedure. 

  

	 	a.	The Participant or his designated beneficiary (the “Claimant”) may file a written claim for payments under this Plan with the Administrator. Except under
special circumstances, such claims shall be approved or denied within 90 days. Any denial of such claim shall be by written notice from the Administrator stating: 

 

	 	(1)	the specific reason for the denial; 

  

	 	(2)	the specific provisions of the Plan or related agreements on which the denial is based; 

 

	 	(3)	a description of any additional material or information necessary for the Claimant to perfect the claim, along with an explanation as to why such material or
information is necessary; and 

  

	 	(4)	information as to how the Claimant may submit the claim to the Administrator for review. 

 

	 	b.	The Claimant, within 90 days of such notice, may file with the Administrator a written request for a review of the denial. Except under special circumstances, the
Administrator’s decision on review shall be made within 60 days of the request. Such decision shall be by a written notice stating the reasons for the decision, and such decision shall be final. 

 

	9.7.	Expenses. All direct expenses of the Plan shall be paid by the Company. 

  
 14 

 Article X. Amendment and Termination of Plan 

 

	10.1.	Amendment. The Committee may at any time amend, suspend or reinstate any or all of the provisions of the Plan, except that no such amendment, suspension or
reinstatement may adversely affect any Participant’s Account, as it existed as of the effective date of such amendment, suspension or reinstatement, without such Participant’s prior written consent. Written notice of any amendment or other
action with respect to the Plan shall be given to each Participant. 

  

	10.2.	Termination. The Committee, in its sole discretion, may terminate this Plan at any time and for any reason whatsoever. Upon termination of the Plan, the
Administrator shall take those actions necessary to administer any Accounts existing prior to the effective date of such termination; provided, however, that a termination of the Plan shall not adversely affect the value of a Participant’s
Account, the earnings credited to a Participant’s Account under Section 5.5(b) or the timing or method of distribution of a Participant’s Account. 

 Article XI. Miscellaneous 
  

	11.1.	No Guarantee of Employment. Nothing contained in the Plan shall be construed as a contract of employment between the Company and any Employee or Participant, or
as a right of any Employee or Participant, to be continued in the employment of the Company, or as a limitation of the right of the Company to discharge any of its Employees or Participants, with or without Cause. 

 

	11.2.	Governing Law. All questions arising in respect of the Plan, including those pertaining to its validity, interpretation and administration, shall be governed,
controlled and determined in accordance with the applicable provisions of federal law and, to the extent not preempted by federal law, the laws of the State of Ohio. 

 

	11.3	Nonassignability. 

  

	 	a.	No right or interest under the Plan of a Participant or his or her Beneficiary (or any person claiming through or under any of them), other than the surviving spouse of
any deceased Participant, shall be assignable or transferable in any manner or be subject to alienation, anticipation, sale, pledge, encumbrance or other legal process or in any manner be liable for or subject to the debts or liabilities of any such
Participant or Beneficiary. If any Participant or Beneficiary (other than the surviving spouse of any deceased Participant) shall attempt to or shall transfer, assign, alienate, anticipate, sell, pledge or otherwise encumber his or her benefits
hereunder or any part thereof, or if by reason of his or her bankruptcy or other event happening at any time such benefits would devolve upon anyone else or would not be enjoyed by him or her, then the Committee, in its discretion, may terminate his
or her interest in any such benefit to the extent the Committee considers necessary or advisable to prevent or limit the effects of such occurrence. Termination shall be effected by filing a written “termination declaration” with the
General Counsel of the Company and making reasonable efforts to deliver a copy to the Participant or Beneficiary whose interest is adversely affected (the “Terminated Participant”). 

  
 15 

	 	b.	As long as the Terminated Participant is alive, any benefits affected by the termination shall be retained by the Company and, in the Committee’s discretion, shall
be paid to or expended for the benefit of the Terminated Participant, his or her spouse, his or her children or any other person or persons in accordance with the provisions of the Plan. 

 

	11.4.	Severability. Each section, subsection and lesser section of this Plan constitutes a separate and distinct undertaking, covenant and/or provision hereof.
Whenever possible, each provision of this Plan shall be interpreted in such manner as to be effective and valid under applicable law. In the event that any provision of this Plan shall finally be determined to be unlawful, such provision shall be
deemed severed from this Plan, but every other provision of this Plan shall remain in full force and effect, and in substitution for any such provision held unlawful, there shall be substituted a provision of similar import reflecting the original
intention of the parties hereto to the extent permissible under law. 

  

	11.5.	Withholding Taxes. If the Company is required to withhold any taxes or other amounts from a Participant’s Account pursuant to any state, federal or local
law, such amounts shall be withheld from the amounts paid under the Plan. 

  

	11.6.	Legal Fees, Expenses Following a Change in Control. It is the intent of the Company that following a Change in Control no Employee or former Employee be required
to incur the expenses associated with the enforcement of his or her rights under this Plan by litigation or other legal action because the cost and expense thereof would substantially detract from the benefits intended to be extended to an Employee
hereunder. Accordingly, if following a Change in Control it should appear that the Company has failed to comply with any of its obligations under this Plan or in the event that the Company or any other person takes any action to declare this Plan
void or unenforceable, or institutes any litigation designed to deny, or to recover from, the Employee the benefits intended to be provided to such Employee hereunder, the Company irrevocably authorizes such Employee from time to time to retain
counsel of his or her choice, at the expense of the Company, as hereafter provided, to represent such Employee in connection with the initiation or defense of any litigation or other legal action, whether by or against the Company or any director,
officer, stockholder or other person affiliated with the Company in any jurisdiction. Notwithstanding any existing or prior attorney-client relationship between the Company and such counsel, the Company irrevocably consents to such Employee’s
entering into an attorney-client relationship with such counsel, and in that connection the Company and such Employee agree that a confidential relationship shall exist between such Employee and such counsel. Following a Change in Control, the
Company shall pay and be solely responsible for any and all attorneys’ and related fees and expenses incurred by such Employee as a result of the Company’s failure to perform under this Plan or any provision thereof; or as a result of the
Company or any person contesting the validity or enforceability of this Plan or any provision thereof. 

  
 16 

	11.7.	Top-Hat Plan. The Plan is intended to be a plan which is unfunded and maintained primarily for the purpose of providing deferred compensation for a select group
of management or highly compensated employees within the meaning of Sections 201, 301 and 401 of ERISA, and therefore to be exempt from the provisions of Parts 2, 3 and 4 of Title I of ERISA. Accordingly, notwithstanding any other provision of the
Plan, the Plan will terminate and no further benefits will accrue hereunder in the event it is determined by a court of competent jurisdiction or by an opinion of counsel based upon a change in law that the Plan constitutes an employee pension
benefit plan within the meaning of Section 3(2) of ERISA, which is not so exempt. In addition and notwithstanding any other provision of the Plan, in the absolute discretion of the Committee, the amount credited to each Participant’s
Account under the Plan as of the date of termination, which shall be an Accounting Date for purposes of the Plan, will be paid immediately to such Participant in a single lump sum cash payment. Such payment shall completely discharge the
Company’s obligations under this Plan. 

 IN WITNESS WHEREOF, Cooper Tire & Rubber Company
has caused this instrument to be executed in its name as of the Effective Date. 
  

			
	COOPER TIRE & RUBBER COMPANY
		
	By:	 	/s/ Brenda S. Harmon
		 	Brenda S. Harmon
		 	Senior Vice President
		 	Chief Human Resources Officer

  
 17EX-10.2

 Exhibit (10.2) 
 COOPER TIRE & RUBBER COMPANY 
 NONQUALIFIED SUPPLEMENTARY
BENEFIT PLAN 
 Amended and Restated as of January 1, 2013 

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
	 Article I. Purpose and Definitions
	  			
	 1.1. Purpose
	  	 	1	  
	 1.2. Definitions
	  	 	1	  
		
	 Article II. Benefits Under the Plan
	  			
	 2.1. Deferral of Supplemental Retirement Plan and Savings Plan Benefits
	  	 	2	  
	 2.2. Amount of Supplemental Retirement Plan Benefit
	  	 	2	  
	 2.3. Amount of Supplemental Savings Plan Benefit
	  	 	3	  
	 2.4. Investment Return on Supplemental Savings Benefits
	  	 	3	  
	 2.5. Payment of Supplemental Benefits
	  	 	4	  
		
	 Article III. Administration of the Plan
	  			
	 3.1. Administrator
	  	 	5	  
	 3.2. Powers and Discretion of Administrator
	  	 	5	  
	 3.3. Actuary
	  	 	5	  
	 3.4. Claims Procedure
	  	 	5	  
		
	 Article IV. General Conditions
	  			
	 4.1. Amendment and Termination
	  	 	6	  
	 4.2. Designation of Beneficiary
	  	 	6	  
	 4.3. Effect on Qualified Plans
	  	 	6	  
	 4.4. Non-Assignability of Right to Receive Benefits
	  	 	6	  
	 4.5. Not an Employment Contract
	  	 	6	  
	 4.6. Applicable Law; Construction
	  	 	7	  
	 4.7. Non-Funded Plan
	  	 	7	  
	 4.8. Funding Upon Change in Control
	  	 	7	  
	 4.9. Not a Qualified Plan
	  	 	7	  
	 4.10. Effect on Contractual Rights
	  	 	7	  
	 4.11. Severability
	  	 	7	  
	 4.12. Effective Date
	  	 	8	  
		
	 Exhibit A
	  	 	9	  

  
 i 

 COOPER TIRE & RUBBER COMPANY 

NONQUALIFIED SUPPLEMENTARY BENEFIT PLAN 
 Amended and Restated as of January 1, 2013 
 Article I. Purpose and
Definitions 
  

	1.1.	Purpose. This is the Cooper Tire & Rubber Company Nonqualified Supplementary Benefit Plan, amended and restated as of January 1, 2013
(“Plan”). The purpose of the Plan is, as contemplated by Section 3(36) of Title 1 of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) and as contemplated in various employment agreements, to
compensate for the loss of: 

  

	 	a.	Retirement benefits and certain death benefits under the Retirement Plan, and/or 

 

	 	b.	Matching Contributions and Discretionary Contributions under the Savings Plan, 

 

	    	when benefits under the qualified plans maintained by the Company are limited due to (i) Section 415, Section 401(a)(17), Section 401(k) or
Section 401(m) of the Internal Revenue Code of 1986, as amended (“Code”), or (ii) certain provisions in the Company’s qualified plans. 

 

	1.2.	Definitions. The following terms, when capitalized, shall have the designated meanings set forth below unless a different meaning is plainly required by the
context: 

  

	 	a.	“Administrator” shall have the meaning set forth in Section 3.1 of the Plan. 

 

	 	b.	“Beneficiary” shall have the meaning set forth in Section 4.2 of the Plan. 

 

	 	c.	“Board of Directors” means the Board of Directors of the Company. 

 

	 	d.	“Change in Control” means the occurrence of any of the events as defined in the Cooper Tire & Rubber Company Change in Control Severance Pay
Plan (Amended and Restated as of August 4, 2010) as amended from time to time (the “CIC Plan”) including a Potential Change in Control as defined in the CIC Plan. 

 

	 	e.	“Committee” means the Compensation Committee of the Board of Directors. 

 

	 	f.	“Company” means Cooper Tire & Rubber Company, a Delaware corporation, and any subsidiary thereof which may be added to the Plan by action of
the Committee. Exhibit A to the Plan reflects the subsidiaries currently approved to participate in the Plan. 

  

	 	g.	“Company Common Stock” means Common Stock of Cooper Tire & Rubber Company, $1 par value per share. 

 

	 	h.	“Employee” means any person who is regularly employed on a salaried basis by the Company. 

 

	 	i.	“ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and the regulations issued thereunder. 

  
 1 

	 	j.	“Participant” means any Employee who is a participant in the Retirement Plan and/or the Savings Plan who has been designated by the Committee as a
member of a select group of management and highly compensated employees eligible to participate in the Plan, and whose aggregate benefits therefrom are limited by (i) Section 415, Section 401(a)(17), Section 401(k) or
Section 401(m) of the Code, or (ii) certain provisions in the qualified plans. 

  

	 	k.	“Plan” means the Cooper Tire & Rubber Company Nonqualified Supplementary Benefit Plan, as amended and restated as of January 1, 2013.

  

	 	l.	“Retirement Plan” means the Cooper Tire & Rubber Company Spectrum Retirement Plan, as amended or restated from time to time.

  

	 	m.	“Savings Plan” means the Cooper Tire & Rubber Company Spectrum Investment Savings Plan, as amended or restated from time to time.

  

	 	n.	“Specified Employee” means any Participant designated by the Company as such in accordance with Treasury Regulation 1.409A-1(i) on December 31
each year for the following year. 

 Article II. Benefits Under the Plan 

 

	2.1.	Deferral of Supplemental Retirement Plan and Savings Plan Benefits. This is a nonelective deferred compensation plan in which a Participant is not provided an
opportunity to elect the time and form of distribution of the deferred compensation. The deferral of the amounts calculated pursuant to Sections 2.2 and 2.3 below is automatic as a result of the irrevocable election made by the Administrator no
later than December 31 of the calendar year immediately preceding the calendar year in which such amounts are earned and such election will automatically renew each calendar year thereafter unless changed by the Administrator no later than
December 31 to be effective for the following year. 

  

	2.2.	Amount of Supplemental Retirement Plan Benefit. The amount of Retirement Plan benefits that a Participant or Beneficiary is entitled to receive under this Plan
as a supplement to retirement benefits under the Retirement Plan shall be equal to the excess of Amount 2.2.a. over Amount 2.2.b. below. 

  

	    	Amount 2.2.a.  

  

	    	The benefit which such Participant or Beneficiary is entitled to receive under the Retirement Plan as of the date on which the Participant’s termination of
employment with the Company occurs, computed without giving effect to the limitations imposed by Section 415 and Section 401(a)(17) of the Code; less 

 

	    	Amount 2.2.b.  

  

	    	The benefit which such Participant or Beneficiary is entitled to receive under the Retirement Plan as of the date described in Section 2.2.a. computed giving
effect to the limitations imposed by Section 415 and Section 401(a)(17) of the Code. 

  
 2 

	    	Notwithstanding the foregoing, however, no retirement benefits shall be paid under the Plan to or with respect to any Participant who receives a payment, under an
agreement with the Company (or any successor to the Company) or under any plan, program or arrangement of the Company (or any successor to the Company), the amount of which is calculated to be the actuarial equivalent of the retirement benefit that
the Participant has accrued (prior to such payment) under this Plan. 

  

	2.3.	Amount of Supplemental Savings Plan Benefit. The benefits that a Participant or Beneficiary is entitled to receive under the Plan as a supplement to benefits
under the Savings Plan shall be equal to the excess of Amount 2.3.a. over Amount 2.3.b. below for each calendar year in which the Plan is in effect, aggregated for all such years, plus the investment return as specified in Section 2.4 below:

 Amount 2.3.a. 
 The amount of Matching Contributions and Discretionary Contributions under the Savings Plan that would have been credited to the Participant’s account if the limitations imposed by Section 415,
Section 401(a)(17), Section 401(k) and Section 401(m) of the Code were not given effect for each such year described in the first paragraph of this section; less 
 Amount 2.3.b.  
 The amount of Matching Contributions and
Discretionary Contributions actually credited to the Participant’s Savings Plan account in each such year described in the first paragraph of this section. 
  

	2.4.	Investment Return on Supplemental Savings Benefits. The investment return to be included in the calculation of benefits under Section 2.3 shall begin to
accrue with respect to supplemental benefits determined for any year on the first business day in March in the following year and shall be calculated (a) with interest as if invested in the Short-Term Fixed Income investment option under the
Savings Plan until paid, or (b) at the Participant’s election from time to time with respect to all or any part of his or her supplemental savings plan account or future accruals thereto, as if invested in any other investment options
available under the Savings Plan. 

 Current and future allocations among the investment alternatives specified
above shall be directed by each Participant in accordance with procedures established by the Administrator. If a Participant fails to provide any such investment instructions, all amounts credited to his or her supplemental savings plan account
under this Plan shall be deemed to be invested in the Short-Term Fixed Income investment option under the Savings Plan. 

Subject to the Company’s general policies on insider trading in Company Common Stock, Participants may elect to give directions or
modify previous directions for the investment of his or her supplemental savings plan account in the following respects by giving such advance written notice to the Company as the Administrator shall require: 

  
 3 

	 	a.	The Participant may give or modify directions for the deemed investment of amounts to be credited to his or her notional account as of or after any future date among
the investment options available under the Savings Plan; and 

  

	 	b.	The Participant may elect to have the notional balance in his or her supplemental savings plan account then deemed to be held in the Short Term Fixed Income investment
option under the Savings Plan (or any identified fraction or dollar amount he or she designates) invested among the other investment options available under the Savings Plan. 

Any such election will be subject to the Company’s policies on insider trading in Company Common Stock and shall be subject to the
prior approval of the Administrator. The Administrator may reject a proposed election if the Administrator determines in good faith that the election would violate the Company’s insider trading policy or would subject the Participant to
liability under Section 16(b) of the Securities Exchange Act of 1934, as amended. 
 If a Participant desires that deemed
acquisitions or dispositions of Company Common Stock to or from his or her supplemental savings plan account, other than discretionary intra-plan transfers to or from the other investment options available under the Savings Plan, be exempt from
potential stock trading liability under Section 16(b) of the Securities Exchange Act of 1934, as amended, the Participant may provide in his or her written investment instructions that such deemed acquisitions or dispositions of Company Common
Stock shall be subject to and conditioned on the satisfaction of the approval requirements relating to such transactions set forth in subsections (d) and (e) of Rule 16b-3 of the Securities and Exchange Commission. 

 

	2.5.	Payment of Supplemental Benefits. Payment of supplemental benefits hereunder shall be accomplished by means of unfunded payments directly from the Company
or from any grantor trust established by the Company to fund such payments. 

 Payment of supplemental benefits
shall be made in cash in a single sum payment no later than March 15 of the year following the Participant’s termination of employment with the Company; provided, however, that notwithstanding the foregoing, no distribution shall be made
to a Specified Employee by reason of termination of employment until six months after the date the Specified Employee’s employment terminated. Payment shall be made to the Specified Employee within 30 days after the lapse of such six-month
period. 

  
 4 

 Article III. Administration of the Plan 

 

	3.1.	Administrator. The operation of the Plan, with respect to Participants herein and their Beneficiaries, shall be administered by a committee consisting of one or
more persons who shall be appointed by and serve at the pleasure of the Committee (“Administrator”). 

  

	3.2.	Powers and Discretion of Administrator. The Administrator shall have full authority to administer the Plan according to its terms and to make, amend and
interpret all appropriate rules and regulations for the administration of the Plan. The Administrator shall have discretionary authority to interpret the terms of the Plan and the amount of benefits payable to any Participant under the Plan. Any
determination of the Administrator with respect to the Plan shall be conclusive as to the Company, any Participant and any Beneficiary. 

  

	3.3.	Actuary. The Administrator may employ an actuary to advise the Company and the Administrator as to actuarial matters relating to administration of the Plan.

  

	3.4.	Claims Procedure. 

  

	 	c.	A Participant or his Beneficiary (the “Claimant”) may file a written claim for payments under this Plan with the Administrator. Except under special
circumstances, such claims shall be approved or denied within 90 days. Any denial of such claim shall be by written notice from the Administrator stating: 

  

	 	(5)	the specific reason for the denial; 

  

	 	(6)	the specific provisions of the Plan or related agreements on which the denial is based; 

 

	 	(7)	a description of any additional material or information necessary for the Claimant to perfect the claim, along with an explanation as to why such material or
information is necessary; and 

  

	 	(8)	information as to how the Claimant may submit the claim to the Administrator for review. 

 

	 	d.	The Claimant, within 90 days of such notice, may file with the Administrator a written request for a review of the denial. Except under special circumstances, the
Administrator’s decision on review shall be made within 60 days of the request. Such decision shall be by a written notice stating the reasons for the decision, and such decision shall be final. 

  
 5 

 Article IV. General Conditions 

 

	4.1.	Amendment and Termination. The Committee at any time may amend or terminate the Plan, in whole or in part. However, no such amendment or termination shall
adversely affect (a) the benefit under this Plan of any Participant or his or her Beneficiary then being received or entitled to be received or (b) the right of any other Participant to receive upon retirement, or his or her Beneficiary to
receive upon such Participant’s death, that amount of benefit as would have been received under the Plan if the employment of the Participant had been terminated immediately prior to the adoption of the amendment or termination of the Plan.

  

	4.2.	Designation of Beneficiary. Each Participant shall have the right at any time to designate, or to rescind or change such designation of, a primary and a
contingent beneficiary to receive benefits payable in the event of the Participant’s death. Such designation, or rescission or change of designation, shall be made in writing and shall be filed with the Administrator. The designation
shall be effective as of the date filed with the Administrator and shall be controlling over any disposition by will or otherwise. In the event that a Participant fails to so designate any beneficiary, or in the event there shall be no
beneficiary so designated by such Participant living at the time of such Participant’s death, then and in either of said events, any such benefits shall be paid in one lump sum to the person or persons designated as the Participant’s
beneficiary under the Savings Plan, or, if none, comprising the first surviving class of the following classes: 

  

	 	a.	The Participant’s widow or widower. 

  

	 	b.	The Participant’s surviving children. 

  

	 	c.	The Participant’s surviving parents. 

  

	 	d.	The Participant’s surviving brothers and sisters. 

  

	 	e.	The executor or administrator of the Participant’s estate. 

  

	4.3.	Effect on Qualified Plans. The adoption, administration, amendment or termination of the Plan shall have no effect upon the Retirement Plan, the Savings Plan, or
any other of the Company’s qualified plans. 

  

	4.4.	Non-Assignability of Right to Receive Benefits. The right to receive benefits under the Plan may not be anticipated, alienated, sold, transferred, assigned,
pledged, encumbered or subjected to any charge or legal process; and if any attempt is made to do so, or a person eligible for any benefit becomes bankrupt, the interest under the Plan of the person affected may be terminated by the Administrator
and the Administrator may cause the same to be held or applied for the benefit of such person or one or more of his or her dependents in such manner as it deems proper. In particular, the right to receive benefits under the Plan may not be assigned
to a spouse or ex-spouse of the Participant or other person under the terms of a court order that purports to be a Qualified Domestic Relations Order under Section 414(p) of the Code. 

 

	4.5.	Not an Employment Contract. This Plan does not give to any Participant the right to continued employment with the Company or otherwise enlarge or affect
employment status or rights. All Participants remain subject to: change of salary, transfer, change of job, discipline, layoff, discharge or any other change of employment status, the same as if the Plan had not been adopted.

  
 6 

	4.6.	Applicable Law; Construction. All questions pertaining to the construction, validity and effect of the provisions hereof are to be determined in accordance with
the laws of the State of Ohio. Article and section headings are for convenience only and shall not be considered as part of the terms and provisions of the Plan. Words in the masculine gender shall include the feminine, and the singular shall
include the plural, and vice versa, unless qualified by the context. 

  

	4.7.	Non-Funded Plan. The entire cost of the Plan will be paid from the general assets of the Company. It is the intent of the Company to pay benefits under the
Plan as they become due. No liability for the payment of benefits under the Plan shall be imposed upon any officer, director, employee or stockholder of the Company. Nothing in the Plan shall preclude the Company from setting aside amounts in a
trust pursuant to one or more trust agreements between a trustee and the Company (such as the Company’s Master Grantor Trust). However, Participants, and their beneficiaries, heirs, successors and assigns, shall have no secured interest or
claim in any property or assets of the Company or such trust. The Company’s obligation under the Plan shall be merely that of an unfunded and unsecured promise of the Company to pay future benefits. 

 

	4.8.	Funding Upon Change in Control. In the event of a Change in Control, an amount equal to all then undistributed benefits under the Plan shall be promptly
deposited by the Company, to the extent it has not previously done so, into the Company’s Master Grantor Trust as provided in the CIC Plan. All applicable provisions of paragraph 6 of such plan shall apply to any funding under this Plan.

  

	4.9.	Not a Qualified Plan. This Plan is not intended to be a qualified pension plan or to be a pension benefit or welfare benefit plan subject to ERISA. The Plan is
intended to be a so-called “top-hat” plan that is not a qualified plan within the meaning of Section 401(a) of the Code and that is unfunded, and maintained by the Company primarily for the purpose of providing deferred compensation
for a select group of management or highly compensated employees of the Company within the meaning of Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA. The Plan shall be administered and interpreted in a manner consistent with this intent.

  

	4.10.	Effect on Contractual Rights. This Plan shall not interfere with, reduce or otherwise adversely affect any contractual right of a Participant or his/her
Beneficiary with respect to retirement of the Participant, or relieve the Company of any contractual obligations to a Participant or his/her Beneficiary with respect to retirement of the Participant, except to the extent of payments made under this
Plan. 

  

	4.11.	Severability. If any provisions of the Plan shall be held illegal or invalid for any reason, said illegality or invalidity shall not affect the remaining parts
of the Plan, but the Plan shall be construed and enforced as if said illegal or invalid provision had never been included herein. 

  
 7 

	4.12.	Effective Date. This Plan, as amended and restated herein, shall be effective as of January 1, 2013, and shall supersede the Plan as amended and restated as
of January 1, 2008. 

 IN WITNESS WHEREOF, Cooper Tire & Rubber Company has caused the Plan to be
executed as of the day and year first above written: 
  

			
	COOPER TIRE & RUBBER COMPANY
		
	By:	 	/s/ Brenda S. Harmon
		 	Brenda S. Harmon
		 	Senior Vice President
		 	Chief Human Resources Officer

  
 8 

 COOPER TIRE & RUBBER COMPANY 

NONQUALIFIED SUPPLEMENTARY BENEFIT PLAN 
 Amended and Restated as of January 1, 2013 
 EXHIBIT A

 ATTACHMENT TO SECTION 1.2(f) – SUBSIDIARIES 

 

	1)	CTBX Company 

  

	2)	Max-Trac Tire Co., Inc. 

  

	3)	Mickey Thompson Performance Racing Inc. 

  
 9

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