Document:

2005 Supplemental Executive Retirement Plan

 Exhibit 10.9 
 FEDERAL HOME LOAN BANK OF INDIANAPOLIS 
 2005 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN 

(Effective as of January 1, 2005) 
 Krieg DeVault LLP 
 One Indiana Square, Suite 2800 
 Indianapolis, IN 46204-2079 
 www.kriegdevault.com 

 ADOPTION OF 
 FEDERAL HOME LOAN BANK OF INDIANAPOLIS 
 2005 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

 Pursuant to resolutions adopted by the Board of Directors of the Federal Home Loan Bank of Indianapolis (the “Bank”),
the undersigned officers of the Bank hereby adopt the Federal Home Loan Bank of Indianapolis 2005 Supplemental Executive Retirement Plan, effective as of January 1, 2005, on behalf of the Bank, in the form attached hereto. 
 Dated this 15th day of June, 2006.

  
  

			
	FEDERAL HOME LOAN BANK OF INDIANAPOLIS
		
	 By:
	 	 /s/ Paul C. Clabuesch

		 	Paul C. Clabuesch, Chairman
		
	 By:
	 	 /s/ Charles L. Crow

		 	Charles L. Crow, Vice Chairman

  

			
	ATTEST:
		
	By:	 	 /s/ Jonathan R. West

		 	Jonathan R. West, Corporate Secretary

 FEDERAL HOME LOAN BANK OF INDIANAPOLIS 
 2005 SUPPLEMENTAL EXECUTIVE RETIRMENT PLAN 
 TABLE OF CONTENTS

  

					
	 	  	 	 	PAGE
	 ARTICLE I INTRODUCTION
	 	1
			
	 Section 1.1
	  	Purpose	 	1
	 Section 1.2
	  	Effective Date; Plan Year	 	1
	 Section 1.3
	  	Administration	 	1
	 Section 1.4
	  	Supplements	 	1
	 Section 1.5
	  	Definitions	 	1
		
	 ARTICLE II ELIGIBILITY AND PARTICIPATION
	 	2
			
	 Section 2.1
	  	Eligibility	 	2
	 Section 2.2
	  	Participation	 	2
		
	 ARTICLE III BENEFITS
	 	2
			
	 Section 3.1
	  	Amount of Benefit	 	2
	 Section 3.2
	  	Death Benefit	 	3
	 Section 3.3
	  	Military Service	 	4
		
	 ARTICLE IV BENEFIT PAYMENTS
	 	4
			
	 Section 4.1
	  	Time of Payment of Benefits	 	4
	 Section 4.2
	  	Method of Payment	 	4
	 Section 4.3
	  	Method of Payment Elections	 	5
	 Section 4.4
	  	Disability and Death	 	5
	 Section 4.5
	  	Acceleration of Time of Payment	 	6
		
	 ARTICLE V PLAN ADMINISTRATION
	 	7
			
	 Section 5.1
	  	Appointment of the Committee.	 	7
	 Section 5.2
	  	Powers and Responsibilities of the Committee.	 	7
	 Section 5.3
	  	Liabilities.	 	8
	 Section 5.4
	  	Income and Employment Tax Withholding	 	8
	 Section 5.5
	  	Disclosure to Participant Upon Termination of Employment	 	8
	 Section 5.6
	  	Expenses	 	9

  

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	 ARTICLE VI BENEFIT CLAIMS
	  	9
		
	 ARTICLE VII FUNDING AND TRANSFERS
	  	9
			
	 Section 7.1
	  	Unfunded Status	  	9
		
	 ARTICLE VIII AMENDMENT AND TERMINATION OF THE PLAN
	  	10
			
	 Section 8.1
	  	Amendment of the Plan	  	10
	 Section 8.2
	  	Termination of the Plan	  	10
		
	 ARTICLE IX MISCELLANEOUS
	  	10
			
	 Section 9.1
	  	Governing Law	  	10
	 Section 9.2
	  	Headings and Gender	  	10
	 Section 9.3
	  	Spendthrift Clause	  	10
	 Section 9.4
	  	Counterparts	  	10
	 Section 9.5
	  	No Enlargement of Employment Rights	  	10
	 Section 9.6
	  	Limitations on Liability	  	10
	 Section 9.7
	  	Incapacity of Participant or Beneficiary	  	11
	 Section 9.8
	  	Evidence	  	11
	 Section 9.9
	  	Action by Bank	  	11
	 Section 9.10
	  	Severability	  	11
	 Section 9.11
	  	Information to be Furnished by a Participant	  	11
	 Section 9.12
	  	Attorneys’ Fees	  	11
	 Section 9.13
	  	Binding on Successors	  	11

  

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 ARTICLE I 
 INTRODUCTION 
 Section 1.1 Purpose. The purpose of the Federal Home Loan Bank of
Indianapolis 2005 Supplemental Executive Retirement Plan (the “Plan”) is to provide certain management or highly compensated employees of the Federal Home Loan Bank of Indianapolis (the “Bank”), supplemental retirement benefits
to help recompense the employees for benefits reduced under the qualified retirement plan sponsored by the Bank due to benefit limits imposed under Sections 401(a)(17) and 415 of the Internal Revenue Code of 1986, as amended (the “Code”).
It is the intention of the Bank that the Plan constitute a deferred compensation arrangement that complies with Code Section 409A. Consequently, the Plan will be administered and its provisions interpreted consistently with that intention.

 Section 1.2 Effective Date; Plan Year. The “Effective Date” of the Plan is January 1, 2005. The “Plan
Year” is the 12-month period beginning on each January 1 and ending on the next following December 31. 
 Section 1.3
Administration. The Plan will be administered by an administrative committee (“Committee”) appointed by the Bank’s Board of Directors (“Board”), which initially will be the Human Resources Committee of the Board. The
Committee, from time to time, may adopt any rules and procedures it deems necessary or desirable for the proper and efficient administration of the Plan that are consistent with the terms of the Plan. Any notice or document required to be given or
filed with the Committee will be properly given or filed if delivered to or mailed, by registered mail, postage paid, to the Corporate Secretary of the Board of Directors, Federal Home Loan Bank of Indianapolis, 8250 Woodfield Crossing Blvd., Suite
400, Indianapolis, Indiana 46240. 
 Section 1.4 Supplements. The provisions of the Plan may be modified by supplements to the
Plan. The terms and provisions of each supplement are a part of the Plan and supersede any other provisions of the Plan to the extent necessary to eliminate any inconsistencies between the supplement and any other Plan provisions. 
 Section 1.5 Definitions. The following terms are defined in the Plan in the following Sections: 
  

			
	 Term
	  	Plan Section
	 Acceleration Event
	  	4.5
	 Adverse Benefit Determination
	  	A-3
	 Bank
	  	1.1
	 Benefit Claim
	  	A-1
	 Board
	  	1.3
	 Claimant
	  	A-1
	 Code
	  	1.1
	 Committee
	  	1.3
	 Disabled
	  	4.4(b)
	 Effective Date
	  	1.2
	 Frozen SERP
	  	3.1(c)
	 Frozen SETP
	  	3.1(a)
	 Participant
	  	2.1
	 Participant Benefit
	  	3.1
	 Plan
	  	1.1
	 Plan Year
	  	1.2
	 Retirement Allowance
	  	3.1
	 Retirement Plan
	  	2.1
	 Salary
	  	3.1
	 Separation from Service
	  	4.1
	 Termination of Employment
	  	4.1
	 Trust
	  	6.1
	 2005 SETP
	  	3.1(a)

  

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 ARTICLE II 
 ELIGIBILITY AND PARTICIPATION 
 Section 2.1 Eligibility. Any employee of the
Bank who is a member of the Federal Home Loan Bank of Indianapolis Retirement Plan as documented by the Regulations Governing the Comprehensive Retirement Program of the Financial Institutions Retirement Fund (“Retirement Plan”) or who is
not a member of the Retirement Plan because the employee has not yet met the Retirement Plan’s service requirements, is eligible to become a “Participant” in the Plan, provided the employee is designated as a Participant by the
Committee or the Bank in writing. Any employee of the Bank who is a member of the Retirement Plan or who is not a member of the Retirement Plan because the employee has not yet met the Retirement Plan service requirements and who is an officer with
a title of Vice President or a higher officer level, is automatically eligible to become a “Participant” in the Plan without the need for designation by the Board. 
 Section 2.2 Participation. A designated employee or otherwise eligible employee will become a Participant as of the later of the Effective
Date, the date specified by the Board or the date the employee satisfies the automatic eligibility provisions described in Section 2.1. A Participant may be removed as an active Participant by the Board effective as of any date, so that the
Participant will not be entitled to accrue additional benefits under Article III on or after that date. 
 ARTICLE III 
 BENEFITS 
 Section 3.1
Amount of Benefit. The amount, if any, of the benefit payable to or on account of a Participant pursuant to the Plan (“Participant Benefit”) will, subject to subsection 4.5(a), equal the excess of (a) less (b) less (c),
adjusted for the factors in (d), as determined by the Committee, where: 
  

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	 	(a)	is the Participant’s Retirement Allowance (as defined by the Retirement Plan) that would otherwise be payable to or on account of the Participant under the Retirement Plan
calculated as of the Participant’s normal retirement date (as defined by the Retirement Plan) on the basis of the normal form of payment (as defined by the Retirement Plan), determined as if the provisions of the Retirement Plan were
administered without regard to the limitations imposed by Code Sections 401(a)(17) and 415 and, in the case of an employee whom the Board authorized to become a Participant prior to meeting the eligibility service requirement of the Retirement Plan,
without regard to the eligibility service requirement of the Retirement Plan (for purposes of determining the Retirement Allowance under this subsection (a), any salary deferrals made by or on account of the Participant under the Federal Home Loan
Bank of Indianapolis Supplemental Executive Thrift Plan (“Frozen SETP”) or 2005 Supplemental Executive Thrift Plan (“2005 SETP”) are to be included as salary); and 

  

	 	(b)	is the Participant’s Retirement Allowance (as defined by the Retirement Plan) that is payable to or on account of the Participant under the Retirement Plan calculated as of the
Participant’s normal retirement date (as defined by the Retirement Plan) on the basis of the normal form of payment (as defined by the Retirement Plan); and 

  

	 	(c)	is the Participant’s accrued benefit under the Federal Home Loan Bank of Indianapolis Supplemental Executive Retirement Plan (“Frozen SERP”) that is payable to or on
account of the Participant under the Frozen SERP calculated as of the Participant’s normal retirement date (as defined by the Retirement Plan) on the basis of the normal form of payment (as defined by the Retirement Plan); and

  

	 	(d)	The result of calculating (a) less (b) less (c), above, will be adjusted by: 

  

	 	(i)	applying the actuarial factors provided by the Retirement Plan, to reduce the Participant’s benefit for payments prior to or after the Participant’s normal retirement date
(as defined by the Retirement Plan), if applicable; and 

  

	 	(ii)	applying the actuarial factors provided by the Retirement Plan, to convert the normal form of payment to the form of payment elected by the Participant pursuant to Section 4.3.

 Section 3.2 Death Benefit. In the event of the death of a Participant prior to age 65, the Participant Benefit
will equal the excess of (a) less (b) less (c), adjusted for the factors in (d), as determined by the Committee, where: 
  

	 	(a)	 is the death benefit (as defined by the Retirement Plan) that would otherwise be payable to the Participant’s Beneficiary under the Retirement Plan if the
provisions of the Retirement Plan were administered without regard to the limitations imposed by Code Sections 401(a)(17) and 415 (for purposes of 

  

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determining the Participant Benefit under this subsection (a), any salary deferrals made by or on account of the Participant under the Frozen SETP or 2005
SETP are to be included as salary); and 

  

	 	(b)	is the death benefit that is payable to the Participant’s Beneficiary under the Retirement Plan; and 

  

	 	(c)	is the Participant’s accrued death benefit under the Frozen SERP. 

  

	 	(d)	The result of calculating (a) less (b) less (c), above, will be adjusted by applying the actuarial factors provided by the Retirement Plan, to convert the result to the
lump sum form of benefit. 

 Section 3.3 Military Service. Not withstanding any provision of this Plan to the
contrary, contributions and benefits with respect to qualified military service will be provided in accordance with Code Section 414(u). 
 ARTICLE IV 
 BENEFIT PAYMENTS 
 Section 4.1 Time of Payment of Benefits. Except as provided in Sections 4.5 and 4.6, a Participant will receive or will begin to receive payment of his Participant Benefit within 120 days following the
date of the Participant’s Separation from Service. “Separation from Service” means the date on which the Participant dies, retires or otherwise experiences a Termination of Employment with the Bank. Provided, however, a Separation
from Service does not occur if the Participant is on military leave, sick leave, or other bona fide leave of absence (such as temporary employment by the government) if the period of such leave does not exceed six months, or if the leave is for a
longer period, so long as the individual’s right to reemployment with the Bank is provided either by statute or by contract. If the period of leave exceeds six months and the Participant’s right to reemployment is not provided either by
statute or contract, there will be a Separation from Service on the first date immediately following such six-month period. An Employee will incur a “Termination of Employment” when a termination of employment is incurred under Proposed
Treasury Regulation 1.409A-1(h)(ii) or any final version of such Proposed Regulation. 
 Section 4.2 Method of Payment. Except
as provided in Sections 4.5 and 4.6, the Participant Benefit will be distributed in cash in one of the following methods effectively elected by the Participant: 
  

	 	(a)	A single lump sum payment; 

  

	 	(b)	Monthly, quarterly, semi-annual or annual installment payments over a period of 2 to 20 years; or 

  

	 	(c)	A combination of the methods specified in subsections (a) and (b). 

  

 4 

 Section 4.3 Method of Payment Elections. 
  

	 	(a)	Initial Election. A Participant may elect the manner in which his Plan benefit will be paid to him under Section 4.2 in accordance with the terms and conditions of this
Section. To make an election, a Participant must file an election with the Committee (on a form or forms prescribed by the Committee). To be effective, the election under this Section must be filed with the Committee no later than the later of:
(i) the time the Participant first begins to accrue a benefit under the Plan (or under any other plan required to be aggregated with this Plan pursuant to the requirements of Code Section 409A); or (ii) December 31, 2006. If no
election is made or if the election is not timely or properly made, distribution will be made in the form of a single lump sum payment. 

  

	 	(b)	Change of Method of Payment Election. An election as to the manner of payment may not be changed after the payment has been made or payments have commenced. Prior to that
time, a Participant may change his election by filing a new election form with the Committee; provided, however, that: (i) the new election will not take effect until at least 12 months after the date the new election is filed; (ii) the
single lump sum payment or the commencement of installment payments with respect to which such election is made must be deferred for a period of not less than five years from the date such payment would otherwise have been made; and (iii) the
new election is filed at least 12 months prior to the date of the first scheduled payment under the Plan. 

 Section 4.4
Disability and Death. In the event a Participant Separates from Service due to the Participant’s Disability or if the Participant dies or becomes Disabled before he has received his entire Plan benefit, the unpaid balance will be paid to
the Participant, or in the event of his death, to his designated beneficiary or beneficiaries, in a single lump sum within 120 days following a determination by the Committee that the Participant is Disabled, or within 120 days following the
Participant’s death. 
  

	 	(a)	Beneficiary Designations. A Participant may designate a beneficiary or beneficiaries to receive any amount payable under this Section as a result of his death. A Participant
may change his designation of beneficiaries at any time by filing with the Committee a written notice of the change on a form approved by the Committee. Each beneficiary designation filed with the Committee will cancel all previously filed
beneficiary designations. If no designation is in effect on the Participant’s death, or if the designated beneficiary does not survive the Participant, his beneficiary will be his surviving spouse, if any, and then his estate.

  

	 	(b)	 Disability. A person is “Disabled” for purposes of the Plan if the Participant in question is unable to engage in any substantial gainful activity
by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months. A Participant who, by reason of any medically determinable
physical 

  

 5 

	 	 
or mental impairment that can be expected to result in death or last for a continuous period of not less than 12 months, is receiving income replacement
benefits for a period of not less than three months under an accident and health plan sponsored by an Employer will be deemed to be Disabled. The Committee will be the sole and final judge of whether a Participant is Disabled for purposes of this
Plan, after consideration of any evidence it may require, including the reports of any physician or physicians it may designate. 

 Section 4.5 Acceleration of Time of Payment. Except as provided in this Section, the time or schedule of payment of a Participant Benefit provided in Sections 4.1 through 4.4 may not be accelerated. The time or schedule of
payment of a Participant Benefit may be accelerated in the following circumstances, each of which is an “Acceleration Event,” to a time that is no later than 120 days following the Committee’s determination that one of the
Acceleration Events has occurred, and payment will be made in the form of a single lump sum: 
  

	 	(a)	Income Inclusion Under Code Section 409A. The time or schedule of payment of a Participant Benefit may be accelerated to pay the income tax, interest and penalties
imposed if the Plan fails to meet the requirements of Code Section 409A; provided, however, such payment will not exceed the amount required to be included in income as a result of the failure to comply with the requirements of Code
Section 409A. The Participant Benefit later payable under the Plan, if any, will be reduced by any accelerated benefit payable under this subsection. 

  

	 	(b)	Plan Termination. The time or schedule of payment or commencement of payments of a Participant Benefit may be accelerated when the Plan is terminated in accordance with one
of the following and the Participant Benefit is calculated as if the Participant Separated from Service on the date of the Plan termination: 

  

	 	(i)	The Bank terminates the Plan within 12 months of a corporate dissolution taxed under Code Section 331, or with the approval of a bankruptcy court pursuant to 11 U.S.C.
§503(b)(1)(A), provided that the amounts deferred under the Plan are included in the Participants’ gross incomes in the latest of: 

  

	 	(A)	The calendar year in which the Plan termination occurs; 

  

	 	(B)	The calendar year in which the amount is no longer subject to a substantial risk of forfeiture; or 

  

	 	(C)	The first calendar year in which the payment is administratively practicable. 

  

	 	(ii)	 The Bank’s termination of Plan within the 30 days preceding or the 12 months following a change in control event (as defined in §1.409A-2(g)(4)(i)). For
purposes of this paragraph the Plan may be terminated only if all substantially similar arrangements sponsored by the Bank are terminated, so that the Participants in the Plan and all Participants under 

  

 6 

	 	 
substantially similar arrangements are required to receive all amounts of compensation deferred under the terminated Plan and other arrangements within 12
months of the date of termination of the Plan and other arrangements. 

  

	 	(iii)	The Bank’s termination of the Plan, provided that: 

  

	 	(A)	All arrangements sponsored by the Bank, that would be aggregated with any terminated arrangement under Treasury Regulation §1.409A-1(c) if the Participant participated in all
of the arrangements, are terminated; 

  

	 	(B)	No payments other than payments that would be payable under the terms of the arrangements if the termination had not occurred are made within 12 months of the termination of the
arrangements; 

  

	 	(C)	All payments are made within 24 months of the termination of the arrangements; and 

  

	 	(D)	The Bank does not adopt a new arrangement that would be aggregated with any terminated arrangement under §1.409A-1(c) if the same Participant participated in both arrangements,
at any time within five years following the date of termination of the Plan. 

  

	 	(iv)	Such other events and conditions as the Internal Revenue Service may prescribe in generally applicable guidance published in the Internal Revenue Bulletin. 

ARTICLE V 
 PLAN
ADMINISTRATION 
 Section 5.1 Appointment of the Committee. The Committee, or a duly authorized officer of the Bank
empowered by the Committee to act on its behalf under subsection 5.2(e), will be responsible for administering the Plan, and the Committee will be charged with the full power and the responsibility for administering the Plan in all its details;
provided that the power to determine eligibility pursuant to Article II is reserved to the Board. 
 Section 5.2 Powers and
Responsibilities of the Committee. 
  

	 	(a)	 The Committee will have all powers necessary to administer the Plan, including the power to construe and interpret the Plan documents; to decide all questions
relating to an individual’s eligibility to participate in the Plan; to determine the amount, manner and timing of any distribution of benefits or withdrawal under the Plan; to resolve any claim for benefits in accordance with Article VI and
Supplement A, and to appoint or employ advisors, including legal counsel, to render advice with respect to 

  

 7 

	 	 
any of the Committee’s responsibilities under the Plan. Any construction, interpretation, or application of the Plan by the Committee will be final,
conclusive and binding. 

  

	 	(b)	Records and Reports. The Committee will be responsible for maintaining sufficient records to determine each Participant’s eligibility to participate in the Plan, and for
purposes of determining the amount of contributions that may be made on behalf of the Participant under the Plan. 

  

	 	(c)	Rules and Decisions. The Committee may adopt such rules as it deems necessary, desirable, or appropriate in the administration of the Plan. All rules and decisions of the
Committee will be applied uniformly and consistently to all Participants in similar circumstances. When making a determination or calculation, the Committee will be entitled to rely upon information furnished by a Participant or beneficiary, the
Bank or the legal counsel of the Bank. 

  

	 	(d)	Application for Benefits. The Committee may require a Participant or beneficiary to complete and file with it an application for a benefit, and to furnish all pertinent
information requested by it. The Committee may rely upon all such information so furnished to it, including the Participant’s or beneficiary’s current mailing address. 

  

	 	(e)	Delegation. The Committee may authorize one or more officers of the Bank to perform administrative responsibilities on its behalf under the Plan. Any such duly authorized
officer will have all powers necessary to carry out the administrative duties delegated to such officer by the Committee. 

 Section 5.3 Liabilities. The individual members of the Committee will, in accordance with the Bank’s by-laws, be indemnified and held harmless by the Bank with respect to any alleged breach of responsibilities performed
or to be performed hereunder. 
 Section 5.4 Income and Employment Tax Withholding. The Bank will be responsible for
withholding from the Participant’s compensation, from the contribution to the Plan, or from the distribution of the Participant’s benefit under the Plan, of all applicable federal, state, city and local taxes. 
 Section 5.5 Disclosure to Participant Upon Termination of Employment. Within 90 days of a Participant’s Separation from Service
or a termination of the Plan, the Bank will provide the Participant a comprehensive statement setting forth the value of the Participant Benefit and the date and manner in which such benefit will be paid out to the Participant. On written request of
a Participant, within 90 days of receipt of such disclosure, the Bank will engage an independent actuary, acceptable to the Bank and the Participant, at the Bank’s expense, to review the initial calculation of the Participant’s benefit. If
the independent actuary’s benefit calculation differs from the initial calculation by 5% or more, either the Bank or the 

  

 8 

 
Participant may demand, within 90 days of receipt in writing of the result of the independent actuary’s benefit calculation, that the first two
actuaries select a third actuary, who is independent of the first two actuaries, the Bank and the Participant, to review the benefit calculations and present a written determination of the Participant Benefit, which shall be final, subject to the
claims procedure in Supplement A. Selection of the third actuary will be completed within 60 days of a written request by the Bank or the Participant to the first two actuaries, the third actuary will complete its calculation of the Participant
Benefit within 60 days of its engagement for that purpose. If a Participant requests review of the calculation of his benefit pursuant to the terms of this Section, payment of the Participant Benefit will not be made or commence until the final
benefit calculation is received from the third actuary. 
 Section 5.6 Expenses. The expenses incurred for the administration
and maintenance of the Plan will be paid by the Bank. 
 ARTICLE VI 
 BENEFIT CLAIMS 
 While a Participant or beneficiary need not file a claim
to receive his benefit under the Plan, if he wishes to do so, a claim must be made in writing and filed with the Committee. If a claim is denied, the Committee will furnish the claimant with written notice of its decision. A claimant may request a
review of the denial of a claim for benefits by filing a written request with the Committee. The Committee will afford the claimant a full and fair review of such request. The claim and claim review process will be conducted in accordance with the
provisions of Supplement A. 
 ARTICLE VII 
 FUNDING AND TRANSFERS 
 Section 7.1 Unfunded Status. All benefits accrued under
the Plan on behalf of a Participant will be credited to an irrevocable “rabbi trust” (the “Trust”) to provide for the benefits created by the Plan. The Trust will be maintained in such a fashion that the Plan at all times for
purposes of ERISA and the Code will be unfunded and will constitute a mere promise by the Bank to make Plan benefit payments in the future. Any and all rights created under this Plan will be unsecured contractual rights against the Bank. The
Bank’s annual contribution to the Trust will be an amount equal to the accumulated benefit obligation calculated in accordance with Financial Accounting Standard No. 87 and disclosed on the Bank’s financial statements. 
  

 9 

 ARTICLE VIII 
 AMENDMENT AND TERMINATION OF THE PLAN 
 Section 8.1 Amendment of the Plan. The
Bank may amend the Plan at any time in its sole discretion. Notwithstanding the foregoing, the Bank may not amend the Plan to reduce a Participant’s accrued benefit (without consent) as determined on the day preceding the effective date of the
amendment or to otherwise retroactively impair or adversely affect the rights of a Participant or beneficiary. 
 Section 8.2
Termination of the Plan. The Bank may terminate the Plan at any time in its sole discretion. Absent an amendment to the contrary, Plan benefits that had accrued prior to the termination will be paid at the times and in the manner provided for
by the Plan at the time of the termination. 
 ARTICLE IX 
 MISCELLANEOUS 
 Section 9.1 Governing Law. The Plan will be construed, regulated
and administered according to the laws of the State of Indiana, without reference to that state’s choice of law principles, except in those areas preempted by the laws of the United States of America in which case the federal laws will control.

 Section 9.2 Headings and Gender. The headings and subheadings in the Plan have been inserted for convenience of reference
only and will not affect the construction of the Plan provisions. In any necessary construction, the masculine will include the feminine and the singular the plural, and vice versa. 
 Section 9.3 Spendthrift Clause. No benefit or interest available under the Plan will be subject in any manner to anticipation,
alienation, sale, transfer, assignment, pledge, encumbrance, attachment or garnishment by creditors of a Participant or a Participant’s beneficiary, either voluntarily or involuntarily. 
 Section 9.4 Counterparts. This Plan may be executed in any number of counterparts, each one constituting but one and the same instrument,
and may be sufficiently evidenced by any one counterpart. 
 Section 9.5 No Enlargement of Employment Rights. Nothing
contained in the Plan may be construed as a contract of employment between the Bank and any person, nor may the Plan be deemed to give any person the right to be retained in the employ of the Bank or limit the right of the Bank to employ or
discharge any person with or without cause. 
 Section 9.6 Limitations on Liability. Notwithstanding any other provision
of the Plan, neither the Bank nor any individual acting as an employee or agent of a Bank will be liable to a Participant or any beneficiary for any claim, loss, liability or expense incurred in connection with the Plan, except when the same has
been affirmatively determined by a court order or by the 

  

 10 

 
affirmative and binding determination of an arbitrator, to be due to the gross negligence or willful misconduct of that person. 
 Section 9.7 Incapacity of Participant or Beneficiary. If any person entitled to receive a distribution under the Plan is physically
or mentally incapable of personally receiving and giving a valid receipt for any payment due (unless a prior claim for the distribution has been made by a duly qualified guardian or other legal representative), then, unless and until a claim for the
distribution has been made by a duly appointed guardian or other legal representative of the person, the Committee may provide for the distribution to be made to any other individual or institution then contributing toward or providing for the care
and maintenance of the person. Any payment made for the benefit of the person under this Section will be a payment for the account of such person and a complete discharge of any liability of the Bank and the Plan. 
 Section 9.8 Evidence. Evidence required of anyone under the Plan may be by certificate, affidavit, document or other information
which the person relying on the evidence considers pertinent and reliable, and signed, made or presented by the proper party or parties. 
 Section 9.9 Action by Bank. Any action required of or permitted by the Bank under the Plan will be by resolution of the Bank’s Board of Directors or by a person or persons authorized by resolution of the Board of
Directors. 
 Section 9.10 Severability. In the event any provisions of the Plan are held to be illegal or invalid for any reason, the
illegality or invalidity will not affect the remaining parts of the Plan, and the Plan will be construed and endorsed as if the illegal or invalid provisions had never been contained in the Plan. 
 Section 9.11 Information to be Furnished by a Participant. A Participant, or any other person entitled to benefits under the Plan, must
furnish the Committee with any and all documents, evidence, data or other information the Committee considers necessary or desirable for the purpose of administering the Plan. Benefit payments under the Plan are conditioned on a Participant (or
other person who is entitled to benefits) furnishing full, true and complete data, evidence or other information to the Committee, and on the prompt execution of any document reasonably related to the administration of the Plan requested by the
Committee. 
 Section 9.12 Attorneys’ Fees. If any action is commenced to enforce the provisions of the Plan, payment of
attorneys’ fees will be governed by the terms set forth in the mandatory “Agreement to Arbitrate” entered into between the Bank and the Participant. 
 Section 9.13 Binding on Successors. The Plan will be binding upon and inure to the benefit of the Bank and its successors and assigns, and the successors, assigns, designees and estates of a
Participant. The Plan will also be binding upon and inure to the benefit of any successor organization succeeding to substantially all of the assets and business of the Bank, but nothing in the Plan will preclude the Bank from merging or
consolidating into or with, or transferring all or substantially all of its assets to, another organization which assumes the Plan and all obligations of the Bank hereunder. The Bank agrees that it will make appropriate provision for the
preservation of a Participant’s rights under the Plan in any agreement or plan 

  

 11 

 
which it may enter into to effect any merger, consolidation, reorganization or transfer of assets. Upon such a merger, consolidation, reorganization, or
transfer of assets and assumption of Plan obligations of the Bank, the term “Bank” will refer to such other organization and the Plan will continue in full force and effect. 
  

 12 

 SUPPLEMENT A 
 CLAIMS AND REVIEW PROCEDURES 
 Section A-1 Procedures Governing the Filing of
Benefit Claims. All Benefit Claims must be filed on the appropriate claim forms available from the Committee and in accordance with the procedures established by the Committee for claim purposes. A “Benefit Claim” means a request for a
Plan benefit or benefits, made by a Claimant or by an authorized representative of a Claimant, that complies with the Plan’s procedures for making benefit claims. “Claimant” means a Participant, a surviving spouse of a Participant, a
beneficiary, or an alternate payee under a domestic relations order, who is claiming entitlement to the payment of any benefit under the Plan. 
 Section A-2 Notification of Benefit Determinations. The Committee will notify a Claimant, in accordance with Section A-3 below, of the Plan’s benefit determination within a reasonable period of time after receipt of a
Benefit Claim, but not later than 90 days after receipt of the Benefit Claim by the Plan. If special circumstances require an extension of time for processing the Benefit Claim, the Committee will notify the Claimant of the extension prior to the
termination of the initial period described above. The notice will indicate the special circumstances requiring the extension of time and the date by which the Plan expects to make the benefit determination. In no event will the extension exceed a
period of 90 days from the end of the initial period. 
 Section A-3 Manner and Content of Notification of Benefit
Determinations. All notices given by the Committee under the Plan will be given to a Claimant, or to his authorized representative, in a manner that satisfies the standards of 29 CFR 2520.104b-1(b) as appropriate with respect to the particular
material required to be furnished or made available to that individual. The Committee may provide a Claimant with either a written or an electronic notice of the Plan’s benefit determination. Any electronic notification will comply with the
standards imposed by 29 CFR 2520.104b-1(c)(1)(i), (ii), (iii) and (iv). In the case of an Adverse Benefit Determination, the notice will set forth, in a manner calculated to be understood by the Claimant: 
  

	 	(a)	The specific reasons for the adverse determination; 

  

	 	(b)	Reference to the specific Plan provisions (including any internal rules, guidelines, protocols, criteria, etc.) on which the determination is based; 

  

	 	(c)	A description of any additional material or information necessary for the Claimant to complete the claim and an explanation of why such material or information is necessary; and

  

	 	(d)	A description of the Plan’s review procedures and the time limits applicable to such procedures. 

 The term “Adverse Benefit Determination” means a denial, reduction, or termination of, or a failure to provide or make payment (in whole or in part) for, any benefit claimed to be payable under the Plan.

  

 A-1 

 Section A-4 Appeal of Adverse Benefit Determinations. A Claimant who receives an Adverse
Benefit Determination and desires a review of that determination must file, or his authorized representative must file on his behalf, a written request for a review of the Adverse Benefit Determination, not later than 60 days after receiving the
determination. The written request for a review must be filed with the Committee. Upon receiving the written request for review, the Committee will advise the Claimant, or his authorized representative, in writing that: 
  

	 	(a)	The Claimant, or his authorized representative, may submit written comments, documents, records, and any other information relating to the claim for benefits; and

  

	 	(b)	The Claimant will be provided, upon request of the Claimant or his authorized representative, reasonable access to, and copies of, all documents, records, and other information
relevant to the Claimant’s Benefit Claim, without regard to whether those documents, records, and information were considered or relied upon in making the Adverse Benefit Determination that is the subject of the appeal.

 Section A-5 Benefit Determination on Review. All appeals by a Claimant of an Adverse Benefit Determination
will receive a full and fair review by an appropriate named fiduciary of the Plan. 
 Section A-6 Notification of Benefit
Determination on Review. The Committee will notify a Claimant, in accordance with Section A-7, of the Plan’s benefit determination on review within a reasonable period of time, but not later than 60 days after the Plan’s receipt of the
Claimant’s request for review of an Adverse Benefit Determination. If, however, special circumstances require an extension of time for processing the review by the named fiduciary, the Claimant will be notified, prior to the termination of the
initial 60 day period, of the special circumstances requiring the extension and the date by which the Plan expects to render the Plan’s benefit determination on review, which will not be later than 120 days after receipt of a request for
review. 
 Section A-7 Manner and Content of Notification of Benefit Determination on Review. The Committee will provide a
Claimant with notification of its benefit determination on review in a method described in Section A-3. In the case of an Adverse Benefit Determination on review, the notification must set forth, in a manner calculated to be understood by the
Claimant: 
  

	 	(a)	The specific reasons for the adverse determination on review; 

  

	 	(b)	Reference to the specific Plan provisions (including any internal rules, guidelines, protocols, criteria, etc.) on which the benefit determination on review is based; and

  

 A-2 

	 	(c)	A statement that the Claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records and other information relevant to
the Claimant’s Benefit Claim, without regard to whether those records were considered or relied upon in making the Adverse Benefit Determination on review, including any reports, and the identities, of any experts whose advice was obtained.

  

 A-3Employment Agreement

 Exhibit 10.1 
 AGREEMENT 
 THIS AGREEMENT is made and entered into in St. Louis, Missouri, by and between SAVVIS, Inc. (the
“Company”), a Delaware corporation with its principal place of business at St. Louis, Missouri, and Jeffrey H. VonDeylen, of St. Louis, Missouri (the “Executive”), effective as of the 1st day of October, 2006 (the “Effective Date”). 
 1. Employment. Subject to the terms and conditions set forth in this Agreement, Company hereby agrees to employ and continue in its employ the Executive, and the Executive hereby accepts such employment and agrees to remain in the
employ of the Company. 
 2. Term. Subject to earlier termination as hereinafter provided, the Executive’s employment hereunder
shall be for a term of four (4) years, commencing on the Effective Date, and, unless earlier terminated by the Company with not less than six months prior written notice, shall renew automatically thereafter for successive terms of one year
each. The term of this Agreement, as from time to time extended or renewed, is hereafter referred to as “the term of this Agreement” or “the term hereof.” 
 3. Capacity and Performance. 
 (a)
During the term hereof, the Executive shall serve the Company as Chief Financial Officer, reporting directly to the Chief Executive Officer of the Company. 
 (b) During the term hereof, the Executive shall perform the duties and responsibilities of his position and such other duties and responsibilities on behalf of the Company and its Affiliates, reasonably related to
that position, as may be designated from time to time by the Company’s Board of Directors (the “Board”) or other designee. 
 (c) During the term hereof, the Executive shall devote his full business time and his best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and its Affiliates and to
the discharge of his duties and responsibilities hereunder. The Executive shall not engage in any other business activity or serve in any industry, trade, professional, governmental or academic position during the term of this Agreement, without
informing and obtaining approval from the Board in writing. 
 4. Compensation and Benefits. As compensation for all services
performed by the Executive under and during the term hereof, and subject to performance of the Executive’s duties and the fulfillment of the obligations of the Executive to the Company and its Affiliates, pursuant to this Agreement or
otherwise: 
 (a) Base Salary. During the term hereof, the Company shall pay the Executive a base salary at the rate of Three Hundred
and Forty-Five Thousand Dollars ($345,000) per annum, payable in accordance with the regular payroll practices of the Company for its executives and subject to adjustment from time to time by the Board, in its sole discretion. Such base salary, as
from time to time adjusted, is hereafter referred to as the “Base Salary”. 
  

 -1- 

 (b) Incentive and Bonus Compensation. 
 (i) For service rendered during the Company’s fiscal year ending December 31, 2006, the Executive will be eligible, at the Board’s
discretion, to receive a bonus payment equal to 60% of the Executive’s average Base Salary for such fiscal year. 
 (ii) Commencing on
January 1, 2007 and for the remainder of the term hereof, the Executive shall be entitled to participate in the SAVVIS Annual Incentive Plan (the “Plan”) on terms to be determined annually by the Board prior to the commencement
of each fiscal year. Nothing contained herein shall obligate the Company to continue the Plan. Any compensation paid to the Executive under the Plan shall be in addition to the Base Salary. Except as otherwise expressly provided under the terms of
the Plan or this Agreement, the Executive shall not be entitled to earn bonus or other incentive compensation. 
 (c) Vacations.
During the term hereof, the Executive shall be entitled to earn vacation at the rate of twenty (20) days per year, to be taken at such times and intervals as shall be determined by the Executive, subject to the reasonable business needs of the
Company. Vacation shall otherwise be governed by the policies of the Company, as in effect from time to time. 
 (d) Other Benefits.
During the term hereof, the Executive shall be entitled to participate in any and all Employee Benefit Plans from time to time in effect for employees of the Company generally, except to the extent any such Employee Benefit Plan is in a category of
benefit otherwise provided to the hereunder Executive (e.g., a severance pay plan). Such participation shall be subject to the terms of the applicable plan documents and generally applicable Company policies. The Company may alter, modify,
add to or delete its Employee Benefit Plans at any time that it, in its sole judgment, determines to be appropriate, without recourse by the Executive. For purposes of this Agreement, “Employee Benefit Plan” shall have the meaning
ascribed to such term in Section 3(3) of ERISA, as amended from time to time. 
 (e) Business Expenses. The Company shall pay or
reimburse the Executive for all reasonable, customary and necessary business expenses incurred or paid by the Executive in the performance of his duties and responsibilities hereunder, subject to any maximum annual limit and other restrictions on
such expenses set by the Board and to such reasonable substantiation and documentation as may be specified by the Company from time to time. 
 5. Termination of Employment and Severance Benefits. Notwithstanding the provisions of Section 2 hereof, the Executive’s employment hereunder shall terminate prior to the expiration of the term hereof under the following
circumstances: 
 (a) Death. In the event of the Executive’s death during the term hereof, the Executive’s employment
hereunder shall immediately and automatically terminate. In such event, the Company shall pay to the Executive’s designated beneficiary or, if no beneficiary has been designated by the Executive in writing, to his estate, (i) any Base
Salary earned but not paid during the final payroll period of the Executive’s employment through the date of termination, 
  

 -2- 

 (ii) pay for any vacation time earned but not used through the date of termination, (iii) any accrued bonus
compensation awarded for the fiscal year preceding that in which termination occurs, but unpaid as of the date of termination and (iv) any business expenses incurred by the Executive but un-reimbursed as of the date of termination, provided
that such expenses and required substantiation and documentation are submitted within one hundred and twenty (120) days of termination and that such expenses are reimbursable under Company policy (all of the foregoing, “Final
Compensation”). The Company shall have no further obligation to the Executive hereunder. 
 (b) Disability. 
 (i) The Company may terminate the Executive’s employment hereunder, upon notice to the Executive, in the event that the Executive
becomes disabled during his employment hereunder through any illness, injury, accident or condition of either a physical or psychological nature and, as a result, is unable to perform substantially all of his duties and responsibilities hereunder,
notwithstanding the provision of any reasonable accommodation, for one hundred and eighty (180) days during any period of three hundred and sixty-five (365) consecutive calendar days. In the event of such termination, the Company shall
have no further obligation to the Executive, other than for payment of Final Compensation. 
 (ii) The Board may designate
another employee to act in the Executive’s place during any period of the Executive’s disability. Notwithstanding any such designation, the Executive shall continue to receive the Base Salary in accordance with Section 4(a) and
benefits in accordance with Section 4(d), to the extent permitted by the then-current terms of the applicable benefit plans, until the Executive becomes eligible for disability income benefits under the Company’s disability income plan or
until the termination of his employment, whichever shall first occur. 
 (iii) While receiving disability income payments
under the Company’s disability income plan, the Executive shall not be entitled to receive any Base Salary under Section 4(a) hereof, but shall continue to participate in Company benefit plans in accordance with Section 4(d) and the
terms of such plans, until the termination of his employment. 
 (iv) If any question shall arise as to whether during any
period the Executive is disabled through any illness, injury, accident or condition of either a physical or psychological nature so as to be unable to perform substantially all of his duties and responsibilities hereunder, the Executive may, and at
the request of the Company shall, submit to a medical examination by a physician selected by the Company to whom the Executive or his duly appointed guardian, if any, has no reasonable objection to determine whether the Executive is so disabled, and
such determination shall for the purposes of this Agreement be conclusive of the issue. If such question shall arise and the Executive shall fail to submit to such medical examination, the Company’s determination of the issue shall be final and
binding on the Executive. 
  

 -3- 

 (c) By the Company for Cause. The Company may terminate the Executive’s employment hereunder
for Cause at any time upon notice to the Executive setting forth in reasonable detail the nature of such Cause. The following shall constitute Cause for termination: 
 (i) Any conduct by the Executive as an employee of the Company that violates state or federal laws or Company policies and standards of
conduct, 
 (ii) Dishonesty by the Executive in performance of his duties as an employee of the Company, or 
 (iii) Willful misconduct by the Executive that the Executive knows (or should know) will materially injure the reputation of the Company.

 Upon the giving of notice of termination of the Executive’s employment hereunder for Cause, the Company shall have no further obligation to the
Executive, other than for Final Compensation. 
 (d) By the Company Other than for Cause. The Company may terminate the
Executive’s employment hereunder other than for Cause at any time upon notice to the Executive. In the event of such termination, in addition to Final Compensation and in lieu of any benefits which might otherwise be payable to the Executive
under a separate severance agreement as a result of such termination, then, until the conclusion of a period equal to eighteen (18) months following the date of termination, the Company shall continue to pay the Executive the Base Salary at the
rate in effect on the date of termination and, subject to any employee contribution applicable to the Executive on the date of termination, shall continue to contribute to the premium cost of the Executive’s participation in the Company’s
group medical and dental plans, provided that the Executive is entitled to continue such participation under applicable law. In addition, the Company shall pay the Executive an amount, in equal monthly installments commencing as soon as the
determination of the amount can be made in accordance with Section 4(b) hereof and concluding at the end of the twelve month period following the date of termination, equal to the pro rata share of any accrued bonus due under Section 4(b)
for the fiscal year in which the termination of employment occurs (determined by pro-rating the accrued bonus for the fiscal year in which the termination of employment occurs through the date of termination). Any obligation of the Company to the
Executive hereunder is conditioned, however, upon the Executive signing and returning to the Company a timely and effective release of claims substantially in the form attached hereto as Exhibit A (the “Release of Claims”). The
Release of Claims required for separation benefits in accordance with Section 5(d) and/or Section 5(e) hereof creates legally binding obligations on the part of the Executive and the Company and its Affiliates therefore advise the
Executive to seek the advice of an attorney before signing it. Base Salary to which the Executive is entitled hereunder shall be payable in accordance with the normal payroll practices of the Company, and will begin at the Company’s 

 

 -4- 

 next regular payroll period which is at least five business days following the later of the effective date of the Release
of Claims or the date the Release of Claims, signed by the Executive, is received by the Company, but the first payment shall be retroactive to next business day following the date of termination. 
 (e) By the Executive for Good Reason. The Executive may terminate his employment hereunder for Good Reason, upon not less than ten
(10) days’ written notice to the Company setting forth in reasonable detail the nature of such Good Reason. The following shall constitute Good Reason for termination by the Executive: 
 (i) Removal of the Executive, without his consent, from the position of Chief Financial Officer (or a successor corporation); 

(ii) Material diminution in the nature or scope of the Executive’s responsibilities, duties or authority; provided, however, that
diminution of the business of the Company or any of its Affiliates or any sale or transfer of equity, property or other assets of the Company or any of its Affiliates shall not, by itself, constitute “Good Reason”; or 
 (iii) Failure of the Company to provide the Executive the Base Salary and benefits in accordance with the terms of Section 4 hereof,
excluding an inadvertent failure which is cured within ten business days following notice from the Executive specifying in detail the nature of such failure. 
 In the event of termination in accordance with this Section 5(e), and in lieu of any other benefits which may otherwise be payable to the Executive under a separate severance agreement as a result of such termination, then the
Executive will be entitled to the same pay and benefits he would have been entitled to receive had the Executive been terminated by the Company other than for Cause in accordance with Section 5(d) above; provided that the Executive satisfies
all conditions to such entitlement, including without limitation the signing of an effective Release of Claims. 
 (f) By the Executive
Other than for Good Reason. The Executive may terminate his employment hereunder at any time upon not less than sixty (60) days’ written notice to the Company, unless such termination would violate any obligation of the Executive to
the Company under a separate severance agreement. In the event of termination by the Executive pursuant to this Section 5(f), the Board may elect to waive the period of notice, or any portion thereof, and, if the Board so elects, the Company
will, in lieu of such notice, pay the Executive his Base Salary for the sixty (60) day notice period or any remaining portion thereof. The Company shall have no further obligation to the Executive, other than for any Final Compensation due to
him. 
 (g) Timing of Payments. In the event that at the time the Executive’s employment with the Company terminates the Company
is publicly traded (as defined in Section 409A of the Internal Revenue Code), any amounts payable under this Section 5 that would 
  

 -5- 

 otherwise be considered deferred compensation subject to the additional twenty percent (20%) tax imposed by Internal
Revenue Code Section 409A if paid within six (6) months following the date of termination of Company employment shall be paid at the later of the time otherwise provided in Section 5 or the time that will prevent such amounts from
being considered deferred compensation under Internal Revenue Code Section 409A, all with due regard for preserving the economic intentions of the parties. 
 (h) Post-Agreement Employment. In the event the Executive remains in the employ of the Company or any of its Affiliates following termination of this Agreement, by the expiration of the term or otherwise, then
such employment shall be at will. 
 6. Effect of Termination. The provisions of this Section 6 shall apply to any termination
pursuant to Section 5 or otherwise. 
 (a) Payment by the Company of any Base Salary and contributions to the cost of the
Executive’s continued participation in the Company’s group health and dental plans that may be due the Executive, in each case under the applicable termination provision of Section 5, shall constitute the entire obligation of the
Company to the Executive. The Executive shall use his reasonable best efforts to promptly give the Company notice of all facts necessary for the Company to determine the amount and duration of its obligations in connection with any termination
pursuant to Section 5(d) or 5(e) hereof. 
 (b) Except for any right of the Executive to continue medical and dental plan participation
in accordance with applicable law, benefits shall terminate pursuant to the terms of the applicable benefit plans based on the date of termination of the Executive’s employment without regard to any continuation of Base Salary or other payment
to the Executive following such date of termination. 
 (c) Provisions of this Agreement shall survive any termination if so provided herein
or if necessary or desirable to accomplish the purposes of other surviving provisions, including without limitation the obligations of the Executive under Sections 8, 9 and 10 hereof. The obligation of the Company to make payments to or on behalf of
the Executive under Section 5(d) or 5(e) hereof is expressly conditioned upon the Executive’s continued full performance of his obligations under Sections 8, 9 and 10 hereof. The Executive recognizes that, except as expressly provided in
Section 5(d) or 5(e) hereof, no compensation is earned after the termination of employment. 
 7. Change of Control 

(i) Any stock awards, stock options, stock appreciation rights or other equity-based awards (each an “Equity Award”) shall
become one hundred percent (100%) vested upon the earliest to occur of (x) following a Change of Control, the Executive no longer having the same or substantially similar job title, role or responsibilities, but not earlier than six months
following the Change of Control, (y) the Executive’s termination without Cause following a Change of Control, or (z) a date determined by the Board. 
  

 -6- 

 (ii) Payments under Section 7(i) shall be made without regard to whether the
deductibility of such payments would be limited or precluded by Section 280G of the Code (“Section 280G”) and without regard to whether such payments (or any other payments or benefits) would subject Executive to the U.S.
federal excise tax levied on certain “excess parachute payments” under Section 4999 of the Code (the “Excise Tax”). If any portion of the payments or benefits to or for the benefit of Executive (including, but not
limited to, payments and benefits under this Agreement but determined without regard to this paragraph) constitutes an “excess parachute payment” within the meaning of Section 280G (the aggregate of such payments being hereinafter
referred to as the “Excess Parachute Payments”), the Company shall promptly pay to Executive an additional amount (the “gross-up payment”) that after reduction for all taxes (including but not limited to the Excise
Tax) with respect to such gross-up payment equals the Excise Tax, if any, with respect to the Excess Parachute Payments. For reporting purposes only, the determination as to whether Executive’s payments and benefits include Excess Parachute
Payments and, if so, the amount of such payments, the amount of any Excise Tax owed with respect thereto, and the amount of any gross-up payment shall be made at the Company’s expense by the Company’s accountants (the “Accounting
Firm”). 
 (iii) As used in this Section 7, the following capitalized terms shall have the following meanings:
(i) “Change of Control” shall mean a transaction in which any Person or group (other than one or more Existing Series A Investors, together or individually) becomes the beneficial owner (as defined in Rule 13d-3 and Rule 13d-5
under the Securities Exchange Act of 1934, as amended) of more than 50% (on a fully diluted basis) of the total capital stock of the Company entitled to vote ordinarily for the election of directors; and (ii) “Existing Series A
Investors” is defined to mean any of all of the current holders of the Company’s Series A Convertible Preferred Stock and each such holder’s respective Affiliates. 
 8. Confidential Information. 
 (a) The
Executive acknowledges that the Company and its Affiliates continually develop Confidential Information, that the Executive may develop Confidential Information for the Company or its Affiliates and that the Executive may learn of Confidential
Information during the course of employment. The Executive will comply with the policies and procedures of the Company and its Affiliates for protecting Confidential Information, and shall not disclose to any Person or use, other than as required by
applicable law or for the proper performance of his duties and responsibilities to the Company and its Affiliates, any Confidential Information obtained by the Executive incident to his employment or other association with the Company or any of its
Affiliates. The Executive understands that this restriction shall continue to apply after his employment terminates, regardless of the reason for such termination. The confidentiality obligation under this Section 8 shall not apply to
information which is generally known or readily available to the public at the time of disclosure or becomes generally known through no wrongful act on the part of the Executive or any other Person having an obligation of confidentiality to the
Company or any of its Affiliates. 
  

 -7- 

 (b) The Executive shall safeguard all documents, records, tapes and other media of every kind and
description relating to the business, present or otherwise, of the Company or its Affiliates and any copies, in whole or in part, thereof constituting Confidential Information which are in the Executive’s possession or control and shall
surrender to the Company at the time his employment terminates, or at such earlier time or times as the Board or its designee may specify, all documents then in the Executive’s possession or control. 
 (c) In the event that the Executive is requested or become legally compelled (by oral questions, interrogatories, requests for information or documents,
deposition, subpoena, civil investigative demand or similar process) to disclose any of the Confidential Information, the Executive shall, where permitted under applicable law, rule or regulation, provide written notice to the Company promptly after
such request so that the Company may seek a protective order or other appropriate remedy (and you agree to reasonably cooperate with the Company in connection with seeking such order or other remedy). In the event that such protective order or other
remedy is not obtained, the Executive agrees to furnish only that portion of the Confidential Information that he is advised by opinion of counsel is required, and to exercise reasonable efforts to obtain assurance that confidential treatment will
be accorded such Confidential Information. In addition, the Executive may disclose Confidential Information in the course of inspections, examinations or inquiries by federal or state regulatory agencies and self regulatory organizations that have
requested or required the inspection of records that contain the Confidential Information provided that the Executive exercises reasonable efforts to obtain reliable assurances that confidential treatment will be accorded to such Confidential
Information. To the extent such information is required to be disclosed and is not accorded confidential treatment as described in the immediately preceding sentence, it shall not constitute “Confidential Information” under this Agreement.

 9. Assignment of Rights to Intellectual Property. The Executive shall promptly and fully disclose all Intellectual Property
to the Company. The Executive hereby assigns and agrees to assign to the Company (or as otherwise directed by the Company) the Executive’s full right, title and interest in and to all Intellectual Property. The Executive agrees to execute any
and all applications for domestic and foreign patents, copyrights or other proprietary rights and to do such other acts (including without limitation the execution and delivery of instruments of further assurance or confirmation) requested by the
Company to assign the Intellectual Property to the Company and to permit the Company to enforce any patents, copyrights or other proprietary rights to the Intellectual Property. The Executive will not charge the Company for time spent in complying
with these obligations. All copyrightable works that the Executive creates shall be considered “work made for hire” and shall, upon creation, be owned exclusively by the Company. 
  

 -8- 

 10. Restricted Activities. The Executive agrees that some restrictions on his activities during
and after his employment are necessary to protect the goodwill, Confidential Information and other legitimate interests of the Company and its Affiliates: 
 (a) While the Executive is employed by the Company and for a period equal to eighteen (18) months after his employment is terminated by the Company or the Executive, regardless of the reason therefor, the
Executive shall not, directly or indirectly, whether as owner, partner, investor, consultant, agent, employee, co-venturer or otherwise, compete with the Company or any of its Affiliates within the geographic area in which the Company does business
or undertake any planning for any business competitive with the Company or any of its Affiliates. Specifically, but without limiting the foregoing, the Executive agrees not to engage in any manner in any activity that is directly or indirectly
competitive with the business of the Company or any of its Affiliates as conducted or under consideration at the time of termination of the Executive’s employment, and further agrees not to work or provide services, in any capacity, whether as
an employee, independent contractor or otherwise, whether with or without compensation, to any Person who is engaged in any business that is competitive with the business of the Company or any of its Affiliates for which the Executive has provided
services. The foregoing, however, shall not prevent the Executive’s passive ownership of two percent (2%) or less of the equity securities of any publicly traded company. 
 (b) The Executive agrees that, during his employment with the Company, he will not undertake any outside activity, whether or not competitive with the
business of the Company or its Affiliates, that could reasonably give rise to a conflict of interest or otherwise interfere with his duties and obligations to the Company or any of its Affiliates. 
 (c) The Executive agrees that, during his employment and during the eighteen (18) month period immediately following termination of his employment,
regardless of the reason therefor, the Executive will not directly or indirectly (a) solicit or encourage any customer of the Company or any of its Affiliates to terminate or diminish its relationship with them; or (b) seek to persuade any
such customer of the Company or any of its Affiliates to conduct with anyone else any business or activity which such customer conducts with the Company or any of its Affiliates; provided that these restrictions shall apply only if the Executive has
performed work for such Person during his employment with the Company or one of its Affiliates or has been introduced to, or otherwise had contact with, such Person as a result of his employment or other associations with the Company or one of its
Affiliates or has had access to Confidential Information which would assist in the Executive’s solicitation of such Person. 
 (d) The
Executive agrees that, during his employment and for the eighteen (18) month period immediately following termination of his employment, the Executive will not directly or indirectly (a) solicit for hiring any person who is at the time of
such solicitation an employee of the Company or any of its Affiliates or seek to persuade any employee of the Company or any of its Affiliates to discontinue employment or (b) solicit or encourage any independent contractor providing services
to the Company or any of its Affiliates to terminate or diminish its relationship with them. 
  

 -9- 

 11. Enforcement of Covenants. The Executive acknowledges that he has carefully read and considered
all the terms and conditions of this Agreement, including the restraints imposed upon him pursuant to Sections 8, 9 and 10 hereof. The Executive agrees without reservation that each of the restraints contained herein is necessary for the reasonable
and proper protection of the goodwill, Confidential Information and other legitimate interests of the Company and its Affiliates; that each and every one of those restraints is reasonable in respect to subject matter, length of time and geographic
area; and that these restraints, individually or in the aggregate, will not prevent him from obtaining other suitable employment during the period in which the Executive is bound by these restraints. The Executive further agrees that he will never
assert, or permit to be asserted on his behalf, in any forum, any position contrary to the foregoing. The Executive further acknowledges that, were he to breach any of the covenants contained in Sections 8, 9 or 10 hereof, the damage to the Company
would be irreparable. The Executive therefore agrees that the Company, in addition to any other remedies available to it, shall be entitled to preliminary and permanent injunctive relief against any breach or threatened breach by the Executive of
any of said covenants, without having to post bond, as well as an award of all attorney’s fees and expenses incurred by it in the enforcement of its rights against such breach or threatened breach. The parties further agree that, in the event
that any provision of Section 8, 9 or 10 hereof shall be determined by any court of competent jurisdiction to be unenforceable by reason of its being extended over too great a time, too large a geographic area or too great a range of
activities, such provision shall be deemed to be modified to permit its enforcement to the maximum extent permitted by law. 
 13.
Conflicting Agreements. The Executive hereby represents and warrants that the execution of this Agreement and the performance of his obligations hereunder will not breach or be in conflict with any other agreement to which the Executive is a
party or is bound and that the Executive is not now subject to any covenants against competition or similar covenants or any court order or other legal obligation that would affect the performance of his obligations hereunder. The Executive will not
disclose to or use on behalf of the Company any proprietary information of a third party without such party’s consent. 
 14.
Indemnification. The Company shall indemnify the Executive to the extent provided in its then current Articles or By-Laws. The Executive agrees to promptly notify the Company of any actual or threatened claim arising out of or as a result of
his employment with the Company. 
 15. Definitions. Words or phrases which are initially capitalized or are within quotation marks
shall have the meanings provided in this Section and as provided elsewhere herein. For purposes of this Agreement, the following definitions apply: 
 (a) “Affiliates” means all persons and entities directly or indirectly controlling, controlled by or under common control with the Company, where control may be by either management authority, contract or equity interest. As used
in this definition, “control” and correlative terms have the meanings ascribed to such words in Rule 12b-2 of the Securities Exchange Act of 1934, as amended. 
  

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 (b) “Confidential Information” means any and all information of the Company and its Affiliates
that is not generally known by others with whom they compete or do business, or with whom any of them plans to compete or do business and any and all information, publicly known in part or not, which, if disclosed by the Company or its Affiliates
would assist in competition against them. Confidential Information includes without limitation such information relating to (i) the development, research, testing, manufacturing, marketing and financial activities of the Company and its
Affiliates, (ii) the Products, (iii) the costs, sources of supply, financial performance and strategic plans of the Company and its Affiliates, (iv) the identity and special needs of the customers of the Company and its Affiliates and
(v) the people and organizations with whom the Company and its Affiliates have business relationships and the substance of those relationships. Confidential Information also includes any information that the Company or any of its Affiliates
have received, or may receive hereafter, belonging to customers or others with any understanding, express or implied, that the information would not be disclosed. 
 (c) “Intellectual Property” means inventions, discoveries, developments, methods, processes, compositions, works, concepts and ideas (whether or not patentable or copyrightable or constituting trade secrets)
conceived, made, created, developed or reduced to practice by the Executive (whether alone or with others, whether or not during normal business hours or on or off Company premises) during the Executive’s employment and during the period of six
(6) months immediately following termination of his employment that relate to either the Products or any prospective activity of the Company or any of its Affiliates or that make use of Confidential Information or any of the equipment or
facilities of the Company or any of its Affiliates. 
 (d) “Person” means an individual, a corporation, a limited liability
company, an association, a partnership, an estate, a trust and any other entity or organization, other than the Company or any of its Affiliates. 
 (e) “Products” mean all products planned, researched, developed, tested, manufactured, sold, licensed, leased or otherwise distributed or put into use by the Company or any of its Affiliates, together with all services provided or
planned by the Company or any of its Affiliates, during the Executive’s employment. 
 16. Withholding. All payments made by the
Company under this Agreement shall be reduced by any tax or other amounts required to be withheld by the Company under applicable law. 
 17.
Assignment. Neither the Company nor the Executive may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other; provided, however, that the Company may
assign its rights and obligations under this Agreement without the consent of the Executive in the event that the Company shall hereafter effect a reorganization, consolidate with, or merge into, any Person or transfer all or substantially all of
its properties or assets to any Person. This Agreement shall inure to the benefit of and be binding upon the Company and the Executive, their respective successors, executors, administrators, heirs and permitted assigns. 
  

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 18. Severability. If any portion or provision of this Agreement shall to any extent be declared
illegal or unenforceable by a court of competent jurisdiction, then the remainder of this Agreement, or the application of such portion or provision in circumstances other than those as to which it is so declared illegal or unenforceable, shall not
be affected thereby, and each portion and provision of this Agreement shall be valid and enforceable to the fullest extent permitted by law. 
 19. Waiver. No waiver of any provision hereof shall be effective unless made in writing and signed by the waiving party. The failure of either party to require the performance of any term or obligation of this Agreement, or the
waiver by either party of any breach of this Agreement, shall not prevent any subsequent enforcement of such term or obligation or be deemed a waiver of any subsequent breach. 
 20. Notices. Any and all notices, requests, demands and other communications provided for by this Agreement shall be in writing and shall be
effective when delivered in person, consigned to a reputable national courier service or deposited in the United States mail, postage prepaid, registered or certified, and addressed to the Executive at his last known address on the books of the
Company or, in the case of the Company, at its principal place of business, attention of the Chairman of the Board, or to such other address as either party may specify by notice to the other actually received. 
 21. Conflicts. If any provision of this Agreement conflicts with any other agreement, policy, plan, practice or other Company document, then the
provisions of this Agreement will control. This Agreement will supersede any prior agreement between the Executive and the Company. 
 22.
Entire Agreement. This Agreement together with the other agreements and any documents referred to herein, constitutes the entire agreement between the parties and supersedes all prior communications, agreements and understandings, written or
oral, with respect to the terms and conditions of the Executive’s employment. 
 23. Amendment. This Agreement may be amended or
modified only by a written instrument signed by the Executive and by an expressly authorized representative of the Company. 
 24.
Attorneys’ Fees. In the event of any action by either party to enforce or interpret the terms of this Agreement, the prevailing party with respect to any particular claim shall (in addition to other relief to which it or he may be
awarded) be entitled to recover his or its attorney’s fees in a reasonable amount incurred in connection with such claim. 
 25.
Headings. The headings and captions in this Agreement are for convenience only and in no way define or describe the scope or content of any provision of this Agreement. 
  

 -12- 

 26. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall
be an original and all of which together shall constitute one and the same instrument. 
 27. Choice of Law; Venue. The parties
acknowledge that they each have, and will continue to have, substantial contacts with the State of Missouri, where the Company has its headquarters. This Agreement has been drafted and negotiated in the State of Missouri. To ensure that any disputes
arising under this Agreement are resolved in accordance with the parties’ expectations, this Agreement shall be governed by and construed under the laws of the State of Missouri and applicable federal laws; the substantive law (and statutes of
limitations) of the State of Missouri shall be applied to disputes arising under this Agreement, as the parties agree that their expectations with respect to the scope and enforcement of this Agreement are based on Missouri law, and that Missouri
law is therefore more applicable to such disputes. Each party agrees that any proceeding relating to this Agreement shall be brought in the state courts of Missouri located in St. Louis County or the federal courts of the District of Missouri,
Eastern Division. Each party hereby consents to personal jurisdiction in any such action brought in any such Missouri court, consents to service of process by the methods for notice under Section 20 hereof made upon such party, and such
party’s agent and waives any objection to venue in any such Missouri court or to any claim that any such Missouri court is an inconvenient forum. 
 [Signature page follows immediately.] 
  

 -13- 

 IN WITNESS WHEREOF, this Agreement has been executed as a sealed instrument by the Company, by its duly
authorized representative, and by the Executive, as of the date first above written. 
  

							
	THE EXECUTIVE:	 		 	THE COMPANY
				
	             /s/ Jeffrey H. VonDeylen
	 		 	By:	 	 /s/ Philip J. Koen

	Jeffrey H. VonDeylen	 		 	Name:	 	Philip J. Koen
		 		 	Title:	 	Chief Executive Officer

  

 -14- 

 Exhibit A 
 GENERAL RELEASE 
 I,
                                        ,
in consideration of and as a precondition to the agreement by SAVVIS, Inc. or any assignee or successor in interest (“SAVVIS”) to provide payment to me under the terms of Section 5(d)) and Section 5(e) (less
applicable local, state and federal taxes and other deductions) of the employment agreement to which this Release is attached, for and on behalf of myself, my agents, heirs, executors, administrators, and assigns, subject to the next succeeding
paragraph, do hereby release and forever discharge SAVVIS and all of its parents, affiliates, subsidiaries, divisions, successors, and assigns, past and present, and each of them, as well as each of their respective agents, directors, officers,
partners, employees, representatives, insurers, attorneys, and joint venturers, and each of them (collectively, the “Released Parties”) from any and all claims which are based upon acts or events that occurred on or before
the date on which this Release becomes enforceable, including any and all claims arising under any federal, state, or local employment-related laws or anti-discrimination statutes, which include, but are not limited to Title VII of the Civil Rights
Act of 1964, as amended (42 U.S.C. §2000e, et seq.), the Age Discrimination In Employment Act (29 U.S.C. §§621, et seq.), the Americans With Disabilities Act (42 U.S.C. §§12101, et seq.), and excluding fraud. The phrase
“any and all claims” will be interpreted liberally to preclude any further disputes, litigation, or controversies between me and any of the Released Parties based upon events that occurred on or before the effective date of this Release.
The phrase does not cover such disputes based upon events occurring after the effective date of this Release. 
 I am not waiving any rights
or claims that may arise out of acts or events that occur after the date on which I sign this Release or any rights or claims arising under the Employment Agreement to which this Release is attached. 
 I have been given at least 21 days to consider whether or not to sign this Release and have been advised in writing to consult with an attorney prior to
signing it. I understand that I may revoke this Release at any time on or before the date which is seven calendar days after the date of my signature on this Release and that, unless previously revoked, the Release will be effective and enforceable
upon the expiration of the seven-day revocation period. I acknowledge that my right to receive the severance payment described above is conditional upon my execution and delivery of this Release. 
 I have read this Release and understand all of its terms. I execute this Release voluntarily and with full knowledge of its significance. 
 Signed at
                                        ,
                                        
this      day of                     ,
            . 
  

 -15-

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