Document:

Amendment to The Bank of New York Company, Inc. Excess Contribution Plan

 Exhibit 10.159 
 AMENDMENT TO 
 THE BANK OF NEW YORK COMPANY, INC. 
 EXCESS CONTRIBUTION PLAN 
 Amendment
(the “Amendment) to The Bank of New York Company, Inc. Excess Contribution Plan (the “Plan”). 
 WHEREAS, The Bank of
New York Company, Inc. has adopted the Plan; 
 WHEREAS, The Bank of New York Mellon Corporation (the “Company”) is the
successor in interest by merger to The Bank of New York Company, Inc.; 
 WHEREAS, Section 19 of the Plan provides that the
Committee (as defined in the Plan) may amend the Plan at any time, prospectively or retroactively, except in certain respects not material hereto; 
 WHEREAS, The Human Resources and Compensation Committee of the Board of Directors of the Company (the “HRCC”) is the successor to the Committee (with the HRCC hereinafter being referred to as the “Committee”), and
has been delegated full authority by the Board of Directors of the Company to so amend or revise the terms of the plan on behalf of the Board; 
 WHEREAS, in order to avoid certain adverse federal income tax consequences to holders of certain options under the Plan as a result of Section 409A of the Internal Revenue Code relating to deferred compensation, the Committee
(as defined in the Plan) desires to implement certain amendments to the Plan; 
 WHEREAS, the Committee has heretofore delegated
authority to amend the Plan for these purposes to the Company’s Chief Executive Officer and has authorized the Chief Executive Officer to further delegate such authority to the Company’s Chief Human Resources Officer; and 
 WHEREAS, the Company’s Chief Executive Officer has delegated authority to amend the Plan for these purposes to the Company’s Chief Human
Resources Officer. 
 NOW, THEREFORE, BE IT RESOLVED, that the Plan is hereby amended as follows, effective as of January 1,
2009: 
 1. The second sentence of Section 4 is amended in its entirety to read as follows: 
 “Within 30 days after the later of (a) the Participant’s termination of employment with the Company or (b) the Participant’s
attainment of age 55, the Participant 

 
shall receive a lump sum payment, in cash, of the excess, if any, of (i) the equivalent actuarial value of the Stock Units credited to the
Participant’s Account, expressed as a life annuity, over (ii) the benefit to which the Participant is entitled to receive under Part I of The Bank of New York Company, Inc. Excess Benefit Plan, to the extent such benefit is accrued as of
the date of payment of the benefit hereunder.” 
 2. The first paragraph of Section 13 is amended to add the following clause to
the end thereof to read as follows: 
 “Within 30 days after the later of (a) the Participant’s termination of employment with
the Company or (b) the Participant’s attainment of age 55, the Participant shall receive a lump sum payment of the excess, if any, of (i) the equivalent actuarial value of the Stock Units credited to the Participant’s Part II
Account, expressed as a life annuity, over (ii) the sum of (A) benefit to which the Participant is entitled to receive under Part II of The Bank of New York Company, Inc. Excess Benefit Plan, to the extent such benefit is accrued as of the
date of payment of the benefit hereunder, and (B) the equivalent actuarial value of the Stock Units credited to the Participant’s Part II Account.” 
 3. Section 19 is amended to add the following to the end of the last sentence thereof: 
 “, and no
such amendment or termination shall cause a Participant to be liable for additional tax under Section 409A of the Code” 
 4. A new
Section 22 is added to read as follows: 
 22. Compliance of Plan with Section 409A. Notwithstanding anything
to the contrary in this Plan or elsewhere, if a Participant is a “specified employee” as determined pursuant to Section 409A of the Code (“Section 409A”) as of the date of such Participant’s “separation from
service” (within the meaning of Treasury Regulation 1.409A-1(h)) and if any payment of a Benefit or a Part II Benefit to such Participant under this Plan both (x) constitutes a “deferral of compensation” within the meaning of
Section 409A and (y) cannot be paid in the manner otherwise provided without subjecting the Participant to “additional tax”, interest or penalties under Section 409A, then any such payment that is payable during the first
six months following the Participant’s “separation from service” shall be paid or provided to the Participant in a cash lump-sum on the first business day of the seventh calendar month following the month in which the
Participant’s “separation from service” occurs or, if earlier, at the Participant’s death. In addition, any payment of a Benefit or Part II Benefit due upon a termination of a Participant’s employment that represents a
“deferral of compensation” within the meaning of Section 409A shall only be paid or provided to the Participant upon a “separation from service”. For the purposes of this Plan, each payment of 

 
benefits under Part I and Part II hereunder shall be deemed to be a separate payment.
 5. Effectiveness of Amendment. This Amendment shall become effective on the date hereof. 
 6. Definitions. Capitalized terms that are not defined in this Amendment shall have the meanings ascribed thereto in the Plan. 
 7. Other Provisions Unaffected. Except as modified by this Amendment, the existing provisions of the Plan shall remain in full force and effect.

 IN WITNESS WHEREOF, the Company has executed this Amendment as of the 18th day of December, 2008. 
  

			
	THE BANK OF NEW YORK MELLON CORPORATION
	
	 /S/      LISA B.
PETERS

	By:	 	Lisa B. Peters
	Title:	 	Senior Executive Vice President and
		 	Chief Human Resources OfficerAmendment to Change in Control Agreement between BNY Mellon & Steven G. Elliott

 Exhibit 10.160 
 AMENDMENT TO AGREEMENT 
 WHEREAS, Mellon Financial Corporation (“Mellon”) and Steven
G. Elliott, an employee (the “Executive”) have previously entered into an agreement regarding Executive’s employment and the possibility of a change in control, dated as of February 1, 1997 (the “Change in Control
Agreement”), as amended on December 22, 2006 as part of the Amendment to Agreements in contemplation of the merger of Mellon and The Bank of New York Company, Inc., on July 5, 2007, and on October 24, 2008 as part of the The Bank
of New York Mellon Corporation’s participation in the United States Department of Treasury’s TARP Capital Purchase Program; and 
 WHEREAS, the parties desire to further amend the Change in Control Agreement in a manner which reflects the parties best efforts to comply with the provisions of Section 409A of the Internal Revenue Code of 1986, as amended (the
“Code”), for the benefit of the Executive; 
 NOW THEREFORE, the Company and the Executive, for good and valuable consideration,
the receipt and adequacy of which are hereby acknowledged, and intending to be legally bound hereby, agree that the Change in Control Agreement shall be amended as follows: 
 1. Section l(j) of the Change in Control Agreement shall be amended and restated to read in its entirety as follows (for convenience, additional language
is shown in bold but deletions are not shown): 
 “Termination Period” means the period of time beginning with a Change in Control
and ending three (3) years following such Change in Control. Notwithstanding anything in this Agreement to the contrary, if (i) Executive’s employment is terminated prior to a Change in Control for reasons that would have constituted
a Qualifying Termination if they had occurred following a Change in Control; (ii) Executive reasonably demonstrates that such termination (or Good Reason event) was at the request of a third party who had indicated an intention or taken steps
reasonably calculated to effect a Change in Control; and (iii) a Change in Control that also qualifies as a change in ownership or effective control of the Company or a change in ownership of a substantial portion of the assets the Company
under Section 409A of the Code (a “409A CIC”) and involving such third party (or a party competing with such third party to effectuate a Change in Control) does occur, then for purposes of this Agreement, the date immediately
prior to the date of such termination of employment or event constituting Good Reason shall be treated as a Change of Control. 
 2. The last
paragraph of Section 4(a) of the Change in Control Agreement shall be amended and restated to read in its entirety as follows: 
 The
amounts set forth in Section 4(a)(i)(A) and (C) shall be payable on the first regularly scheduled payroll date following the Date of Termination. The amounts set forth in Section 4(a)(i)(B) shall be payable on the date set forth and
in accordance with the terms of the plan under which the bonus is provided. The amounts set forth in Section 4(a)(ii) shall be payable in a single lump sum 30 days following the separation from service; provided that if Executive is a Specified
Employee under Section 409A of the Code on the termination of employment then such amounts payable by reason of separation from service shall be paid on the first day following the six month anniversary of the Executive’s separation from
service; provided further that if such amount is paid by reason of the circumstances described in Section l(j), then payment shall be made upon the 409A CIC or, if later, the first day following the six-month anniversary of the 

 
Executive’s separation from service in the case where the Executive is a Specified Employee under Section 409A of the Code upon termination.

 3. The following additional sentence shall be added to the end of Section 4(d) of the Change in Control Agreement: 
 Additional payments may not be made in replacement or substitution of any deferred compensation. 
 4. The last two sentences of Section 7 of the Change in Control Agreement, added pursuant to the amendment of July 5, 2007, shall be deleted
and the following sentences shall be added in replacement: 
 Such reasonable legal fees and expenses incurred by Executive shall be
reimbursed within ten (10) business days after delivery of the Executive’s written requests for payment accompanied with such evidence of fees and expenses incurred as the Company reasonably may require; provided, however, if Executive is
a Specified Employee under Section 409A of the Code upon termination, then no such amounts may be paid until the first day following the six month anniversary of the Date of Termination. Notwithstanding the foregoing, in no event shall payments
be made later than the last day of the Executive’s taxable year following the taxable year in which the fee or expense was incurred. 
 5. Except as provided in this amendment, the Change in Control Agreement is, in all other respects, unchanged and is and shall continue to be in full force and effect. 
 IN WITNESS WHEREOF, the parties have executed this amendment, in duplicate, on the dates set forth below. 
  

									
		 		 	THE BANK OF NEW YORK MELLON CORPORATION
					
		 		 	By:	 	 

	 	 12/12/08

		 		 	Name:	 	Lisa B. Peters	 	Date Signed
		 		 	Title:	 	Senior Executive Vice President	 	
			
		 		 	Executive
				
		 		 	 

	 	 12-15-08

		 		 	Steven G. Elliott	 	Date Signed

  

 - 2 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00154-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00154-of-00352.parquet"}]]