Document:

Amendment dated December 13, 2005 and effective as of January 1, 2005

 Exhibit 10(vii)(7) 
  
 SEVENTH AMENDMENT 
 OF THE 
 NORTHERN TRUST CORPORATION 
 SUPPLEMENTAL THRIFT-INCENTIVE PLAN 
  
 WHEREAS, the Northern Trust Corporation (the “Corporation”) sponsors the Northern Trust Corporation Supplemental Thrift-Incentive Plan, as amended and restated effective as of July 20, 1999, (the
“Plan”); and 
  
 WHEREAS, pursuant to
Section 7.1 of the Plan, the Corporation has the right to amend the Plan when the Corporation deems such amendment to be advisable; and 
  
 WHEREAS, the Corporation deems it advisable to amend the Plan; 
  
 NOW, THEREFORE, the Plan is hereby amended to add the attached as Supplement #2 to the Plan. 
  
 IN WITNESS WHEREOF, the Corporation has caused this amendment to be
executed on its behalf this 13th of December, 2005 effective as of January 1, 2005. 
  

			
	 NORTHERN TRUST CORPORATION

		
	By:	 	 /s/ Timothy P. Moen

	Name:	 	Timothy P. Moen
	Title:	 	Executive Vice President and
	 	 	Human Resources Department Head

 SUPPLEMENT #2 
  
 Special 2005 Termination of Participation for Specified Employees 
  
 This Supplement #2 to the Northern Trust Corporation Supplemental Thrift-Incentive Plan, as
amended and restated effective as of July 20, 1999 (the “Plan”), is made a part of the Plan and supersedes any provisions thereof to the extent that they are not consistent with this Supplement. Unless the context clearly implies or
indicates to the contrary, a word, term or phrase used or defined in the Plan is similarly used or defined for purposes of this Supplement #2. 
  

	1.	Effective Date. January 1, 2005. 

  

	2.	Application. This Supplement #2 shall apply to any Participant who would be considered a “specified employee” as defined in proposed regulation section 1.409A-1(i)
issued by the U.S. Treasury Department and the Internal Revenue Service; who terminates employment for any reason on or after the Effective Date of this Supplement #2 and on or before October 31, 2005 (individually, a “2005 Specified
Employee Participant” and, collectively, the “2005 Specified Employee Participants”). 

  

	3.	Special Provision. The following special provision shall apply to the 2005 Specified Employee Participants: 

  
 Special 2005 Termination of Participation: Pursuant to and in
accordance with Notice 2005-1 and proposed regulations under Code section 409A issued by the U.S. Treasury Department and the Internal Revenue Service, each 2005 Specified Employee Participant shall be considered to have terminated participation in
the Plan with respect to any amounts that would otherwise be subject to Code section 409A, effective as of the date such 2005 Specified Employee Participant terminated employment with the Company. Anything in the Plan to the contrary
notwithstanding, such amounts shall be distributed in a lump sum distribution to such 2005 Specified Employee Participant no later than December 31, 2005, or the date such amounts become vested, if later. 
  

	6.	Limitations on Supplement. Nothing in this Supplement #2 shall be construed to provide any 2005 Specified Employee Participant with any rights or benefits under the Plan
other than those described in Paragraph 3 above.Amendment dated December 14, 2005 and effective as of January 1, 2005

 Exhibit 10(ix)(3) 
  
 THIRD AMENDMENT 
 TO THE 
 NORTHERN TRUST CORPORATION 
 DEFERRED COMPENSATION PLAN 
  
 WHEREAS, the Northern Trust Corporation (the “Company”) has adopted the Northern Trust Corporation Deferred Compensation Plan (the “Plan”) for the purpose of providing deferred compensation to a select group of
management or highly compensated employees of the Company, effective as of May 1, 1998; and 
  
 WHEREAS, pursuant to Section 7.1 of the Plan, the Company has the right to amend the Plan when, in the sole discretion of the Company, such
amendment is advisable; and 
  
 WHEREAS, the Company deems
it advisable to amend the Plan. 
  
 NOW, THEREFORE,
the Plan is hereby amended to add the attached as Supplement #1 to the Plan. 
  
 IN WITNESS WHEREOF, the Company has caused this amendment to be executed on its behalf this 14th of December, 2005 effective as of January 1, 2005. 
  

			
	 NORTHERN TRUST CORPORATION
  

	By:	 	 /s/ Timothy P. Moen

	Name:	 	Timothy P. Moen
	Title:	 	Executive Vice President

 SUPPLEMENT #1 
  
 Special 2005 Deferral Election Cancellations 
  
 This Supplement #1 to the Northern Trust Corporation Deferred Compensation Plan, effective as of May 1, 1998 (the “Plan”), is
made a part of the Plan and supersedes any provisions thereof to the extent that they are not consistent with this Supplement. Unless the context clearly implies or indicates to the contrary, a word, term or phrase used or defined in the Plan is
similarly used or defined for purposes of this Supplement #1. 
  

	1.	Effective Date. January 1, 2005. 

  

	2.	Application. This Supplement #1 shall apply to: 

  

	 	(a)	Any Participant who, prior to February 28, 2005, requested the cancellation of the Participant’s previous election to defer all or a portion of the cash award payment of
Incentive Compensation scheduled to be made to the Participant on February 28, 2005; 

  

	 	(b)	Any Participant who previously elected to defer all or a portion of the cash award payment of Incentive Compensation scheduled to be made to the Participant in the Plan Year
beginning January 1, 2005 (the “2005 Plan Year”) and whose 2005 Plan Year payment schedule for such Incentive Compensation was changed from annual to quarterly after such deferral election had been made; 

  
 (individually, a “Special Election Cancellation Participant” and,
collectively, the “Special Election Cancellation Participants”); and 
  

	 	(c)	Any Participant who would be considered a “specified employee” as defined in proposed regulation section 1.409A-1(i) issued by the U.S. Treasury Department and the
Internal Revenue Service; who terminates employment for any reason on or after the Effective Date of this Supplement #1 and on or before October 31, 2005 (individually, a “2005 Specified Employee Participant” and, collectively, the
“2005 Specified Employee Participants”). 

  

	3.	Special Provision. The following special provision shall apply to the Special Election Cancellation Participants: 

  
 Special 2005 Deferral Election Cancellation: Pursuant to and in
accordance with Notice 2005-1 and proposed regulations under Code section 409A issued by the U.S. Treasury Department and the Internal Revenue Service, each Special Election Cancellation Participant shall have the opportunity to cancel a previous
election to defer all or a portion of the cash award payment of Incentive Compensation for the 2005 Plan Year described in Paragraph 2(a) or (b) above, by executing and delivering to the Company a cancellation of the Participant’s previous
election to defer, in the form prescribed by the Company, subject to the requirements specified in paragraphs 4 and 6 below. Any amount the deferral of which is cancelled in accordance with this Paragraph 3 shall be distributed no later than
December 31, 2005, or the date such amount becomes vested, if later. 

	 	4.	Special Election Deadline. To be effective, the election cancellation referred to in Paragraph 3 above must be executed and delivered to the Company by the Special Election
Cancellation Participant on or before the date specified by the Company that is after the Effective Date of this Supplement #1, but no later than December 1, 2005. 

  

	 	5.	Special Provision. The following special provision will apply to the 2005 Specified Employee Participants: 

  
 Special 2005 Termination of Participation: Pursuant to and in
accordance with Notice 2005-1 and proposed regulations under Code section 409A issued by the U.S. Treasury Department and the Internal Revenue Service, each 2005 Specified Employee Participant shall be considered to have terminated participation in
the Plan with respect to any amounts that would otherwise be subject to Code section 409A, effective as of the date such 2005 Specified Employee Participant terminated employment with the Company. Anything in the Plan to the contrary
notwithstanding, such amounts shall be distributed in a lump sum distribution to such 2005 Specified Employee Participant no later than December 31, 2005, or the date such amounts become vested, if later. 
  

	 	6.	Limitations on Supplement. Nothing in this Supplement #1 shall be construed to provide any Special Election Cancellation Participant or 2005 Specified Employee Participant
with any rights or benefits under the Plan other than those described in Paragraphs 3 through 5, as applicable, above. 

  

 - 3 -Amendment dated December 14, 2005 and effective as of January 1, 2005

 Exhibit 10(xxx)(1) 
  
 AMENDMENT NUMBER ONE 
 TO NORTHERN PARTNERS INCENTIVE PLAN- 
 NORTHERN AMERICAN PLAN 
 (as Adopted on July 19, 2004) 
  
 WHEREAS, Northern Trust Corporation (the “Corporation”) maintains the Northern Partners Incentive Plan-North American Plan, as adopted on
July 19, 2004 (the “Plan”); and 
  
 WHEREAS,
amendment of the Plan is now considered desirable; 
  
 NOW,
THEREFORE, by virtue and in exercise of the amending power reserved to the undersigned officer under Paragraph 14 of the Plan, the Plan is hereby amended effective as of January 1, 2005, as follows: 
  

	 	1.	(a) To add the following after the phrase “Awards are determined by Business Unit management” in the first sentence of the second bullet point of Paragraph 8 of the
Plan: “after the end of the applicable performance period.” 

  
 (b) To add the following after the phrase “management has the full discretion” in the third sentence of the third bullet point of Paragraph 8 of the Plan: “both during and after the performance
period.” 
  

	 	2.	To add the following as the two last sentences of Paragraph 10 of the Plan: 

  

“Anything in the Plan to the contrary notwithstanding, any award payable under this Plan shall be paid by the later of:

  

	 	•	 	the 15th day of the third month following the participant’s first taxable year in which the award is no longer subject to a substantial risk of forfeiture; or

  

	 	•	 	the 15th day of the third month following the end of the Corporation’s (or the participant’s employer that is a subsidiary of the Corporation) first taxable year in which
the award is no longer subject to a substantial risk of forfeiture. 

  

	 	•	 	It is intended that the application of the foregoing provisions of this Section 10 cause all awards payable under the Plan to be short-term deferrals for purposes of the
regulations issued under Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and such provisions shall be interpreted in all events in a manner consistent with such intent, so that Section 409A shall have
no application to this Plan.” 

	 	3.	To add the following immediately after the second sentence of the first bullet point of Paragraph 12 of the Plan: 

  
 “If a US participant has not designated a beneficiary or if no
designated beneficiary is living on the date of the US participant’s death, the award, if any, shall be paid to those persons who would be entitled to receive distribution of the US participant’s accounts under The Northern Trust Company
Thrift-Incentive Plan (“TIP”) as if the US participant had not designated a TIP beneficiary.” 
  
 IN WITNESS WHEREOF, the Corporation has caused this amendment to be executed on its behalf this 14th of December, 2005 effective as of
January 1, 2005. 
  

			
	 NORTHERN TRUST CORPORATION
  

	By:	 	 /s/ Timothy P. Moen

	Name:	 	Timothy P. Moen
	Title:	 	Executive Vice President of
	 	 	Human Resources

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