Document:

FIRST AMENDMENT TO

EXHIBIT 10.15

SECOND AMENDMENT TO

THE PHOENIX COMPANIES, INC. 

NON-QUALIFIED EXCESS INVESTMENT PLAN 

As Amended and Restated Effective September 1, 2009

The Phoenix Companies, Inc. Non-Qualified Excess Investment Plan (the “Plan”), as amended and restated effective September 1, 2009, is amended, effective January 1, 2009, as follows:

1.

Section 6.06 of the Plan is amended to read as follows:

6.06

Distributions of Small Account Balance(s).  If the value of the Participant’s Benefit under this Plan is equal to $25,000 or less on his or her Separation from Service, then, notwithstanding anything else contained herein to the contrary, including the Participant’s elections, the payment date of any Benefit of a Participant, who is a Specified Employee (as defined in Code section 409A and the guidance promulgated thereunder), that would otherwise have occurred prior to the six month anniversary of the Specified Employee’s Separation from Service shall be postponed until such six month anniversary; provided, however, that a Participant, who is not a Specified Employee, will receive a lump sum payment of his or her Benefit within 90 days after his or her Separation from Service.

2.

Section 8.03 of the Plan is amended to read as follows:

8.03

Receipt for Payments.  Any payment to any Participant, or to such Participant’s legal representative or Beneficiary, in accordance with the provisions of this Plan, shall be in full satisfaction of all claims hereunder against the Company.  The Plan Administrator may require such Participant, legal representative, or Beneficiary, as a condition precedent to such payment, to execute a receipt therefor in such form as the Plan Administrator shall determine.  If the Plan Administrator shall receive evidence satisfactory to the Plan Administrator that any payee under this Plan is a minor, or is legally, physically, or mentally incompetent to receive any payment due him or her under this Plan, any such payment, or any part thereof, may, unless claim therefor shall have been made to the Plan Administrator by a duly appointed executor, administrator, guardian, committee, or other legal representative of such payee, be paid by the Plan Administrator to such payee’s spouse, child, parent or other blood relative, or to any person, persons or institutions deemed by the Plan Administrator to have incurred expense for or on behalf of such payee, and any payment so made shall, to the extent thereof, be in full settlement of all liability in respect of such payee.  If a dispute arises as to the proper recipient of any payments, the Plan Administrator in its sole discretion may withhold or cause to be withheld such payments until the dispute shall have been determined by a court of competent jurisdiction or shall have been settled by the parties concerned.  Subject to the immediately preceding sentence and Sections 6.01 and 6.02, if the responsible 

EXHIBIT 10.15

party/payee does not execute the receipt within 60 days of the distribution trigger date, the Benefit shall be forfeited at the end of the 60th day and shall not be eligible for reinstatement.

3.

This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original but all such counterparts shall together constitute one and the same Amendment.

IN WITNESS WHEREOF, this Second Amendment to The Phoenix Companies, Inc. Non-Qualified Excess Investment Plan is adopted this 10th day of December, 2010.

The Phoenix Companies, Inc.

Benefit Plans Committee

/s/ James D. Wehr________________

James D. Wehr

/s/ Peter A. Hofmann_____________

Peter A. Hofmann

/s/ Philip K. Polkinghorn__________

Philip K. Polkinghorn

/s/ Christopher M. Wilkos_________

Christopher M. WilkosFIRST AMENDMENT TO

EXHIBIT 10.17

FOURTH AMENDMENT TO

THE PHOENIX COMPANIES, INC. 

NON-QUALIFIED EXCESS INVESTMENT PLAN 

As Amended and Restated Effective September 1, 2009

The Phoenix Companies, Inc. Non-Qualified Excess Investment Plan (the “Plan”), as amended and restated effective September 1, 2009, further amended on February 24, 2010, December 10, 2010 and January 1, 2012, is further amended effective November 19, 2013, as follows:

1.

Section 2.02 of the Plan is amended to read in its entirety as follows:

2.02

“Beneficiary” means the person, persons or entity, including one or more trusts, last designated by a Participant on a form or electronic media and accepted by the Plan Administrator or its duly authorized representative as a beneficiary, co-beneficiary, or contingent beneficiary to receive benefits payable under the Plan in the event of the death of the Participant.  In the absence of any such designation, the Beneficiary shall be (a) the Participant’s surviving spouse or Domestic Partner, (b) if there is no surviving spouse or Domestic Partner, the Participant’s children (including stepchildren and adopted children) per stirpes, or (c) if there is no surviving spouse or Domestic Partner and/or children per stirpes, the Participant’s estate.

2.

Section 2.13A is added to read as follows:

2.13A

“Domestic Partner” with respect to any Participant means a person of the same sex who cohabitates or resides with a Participant and meets each of the following:

(a)

is the Participant's sole domestic partner and intends to remain so indefinitely;

(b)

is unmarried, at least eighteen (18) years of age, and mentally competent to consent to contract;

(c)

is unrelated to the Participant by blood or adoption to a degree of closeness that would prohibit legal marriage in the state in which the Participant and such person reside;

(d)

cohabitates or resides with the Participant as domestic partners and intends to do so indefinitely;

(e)

resides with the Participant in a state that prohibits legal marriage between same sex individuals;

(f)

has lived with the Participant as domestic partners for at least 12 consecutive months;

EXHIBIT 10.17

(g)

is jointly responsible, with the Participant, for their common welfare and financial obligations; and

(h)

provided such person attests to the person's domestic partnership with the Participant in an affidavit filed with the Administrator and provides sufficient proof of their interdependence.

3.

Section 9.02 is amended to read in its entirety as follows:

9.02

Rights Under Savings and Investment Plan.  Nothing in this Plan shall be construed to limit, broaden, restrict, or grant any right to a Participant, Employee, surviving spouse, Domestic Partner or any Beneficiary thereof under the Savings and Investment Plan, nor to grant any additional rights to any such Participant, Employee, surviving spouse, Domestic Partner or Beneficiary thereof under the Savings and Investment Plan, nor in any way to limit, modify, repeal or otherwise affect the Company’s right to amend or modify the Savings and Investment Plan._

EXHIBIT 10.20

SECOND AMENDMENT TO

THE PHOENIX COMPANIES, INC. 

NONQUALIFIED SUPPLEMENTAL EXECUTIVE

RETIREMENT PLAN 

As Amended and Restated Effective January 1, 2009

The Phoenix Companies, Inc. Nonqualified Supplemental Executive Retirement Plan, as amended and restated effective January 1, 2009 (the “Plan”), further amended effective March 31, 2010, and is further amended effective November 19, 2013, as follows:

1.

Section 2.4A is added to read as follows:

2.4A

“Domestic Partner” with respect to any Participant means a person of the same sex who cohabitates or resides with a Participant and meets each of the following: 

(a)

is the Participant's sole domestic partner and intends to remain so indefinitely;

(b)

is unmarried, at least eighteen (18) years of age, and mentally competent to consent to contract;

(c)

is unrelated to the Participant by blood or adoption to a degree of closeness that would prohibit legal marriage in the state in which the Participant and such person reside;

(d)

cohabitates or resides with the Participant as domestic partners and intends to do so indefinitely;

(e)

resides with the Participant in a state that prohibits legal marriage between same sex individuals;

(f)

has lived with the Participant as domestic partners for at least 12 consecutive months;

(g)

is jointly responsible, with the Participant, for their common welfare and financial obligations; and

(h)

provided such person attests to the person's domestic partnership with the Participant in an affidavit filed with the Administrator and provides sufficient proof of their interdependence.

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EXHIBIT 10.20

2.

Section 4.10 is amended to read in its entirety as follows:

4.10

Death Benefits  If the spouse or Domestic Partner of a Participant in the Plan is entitled to a death benefit under the Pension Plan, said spouse or Domestic Partner shall be entitled to receive from the Employer a death benefit under this Plan equal to the difference between (a) the death benefit that would be payable under the Pension Plan as of the date of the Participant’s death if such benefit were calculated based on the benefit described in this Article IV; and (b) the death benefit actually payable under the Pension Plan as of the date of the Participant’s death, calculated in accordance with the terms of the Pension Plan.  No death benefit other than that set forth in this Section 4.10 shall be payable under this Plan if a Participant dies prior to the commencement of benefit payments under this Plan.  Following the commencement of payments under this Plan, death benefits shall only be payable to the extent the Participant is receiving benefits in the form of a survivor benefit or an annuity or installments that has a period certain component and the minimum payment period has not lapsed.

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EXHIBIT 10.23

SECOND AMENDMENT TO

THE PHOENIX COMPANIES, INC. 

NONQUALIFIED SUPPLEMENTAL EXECUTIVE

RETIREMENT PLAN B 

As Amended and Restated Effective January 1, 2009

The Phoenix Companies, Inc. Nonqualified Supplemental Executive Retirement Plan B, as amended and restated effective January 1, 2009 (the “Plan”), further amended effective March 31, 2010, and is further amended effective November 19, 2013, as follows:

1.

Section 2.4A is added to read as follows:

2.4A

“Domestic Partner” with respect to any Participant means a person of the same sex who cohabitates or resides with a Participant and meets each of the following: 

(a)

is the Participant's sole domestic partner and intends to remain so indefinitely;

(b)

is unmarried, at least eighteen (18) years of age, and mentally competent to consent to contract;

(c)

is unrelated to the Participant by blood or adoption to a degree of closeness that would prohibit legal marriage in the state in which the Participant and such person reside;

(d)

cohabitates or resides with the Participant as domestic partners and intends to do so indefinitely;

(e)

resides with the Participant in a state that prohibits legal marriage between same sex individuals;

(f)

has lived with the Participant as domestic partners for at least 12 consecutive months;

(g)

is jointly responsible, with the Participant, for their common welfare and financial obligations; and

(h)

provided such person attests to the person's domestic partnership with the Participant in an affidavit filed with the Administrator and provides sufficient proof of their interdependence.

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EXHIBIT 10.23

2.

Section 4.7 is amended to read in its entirety as follows:

4.7

Death Benefits  If the spouse or Domestic Partner of a Participant in the Plan is entitled to a death benefit under the Pension Plan, said spouse or Domestic Partner shall be entitled to receive from the Employer a death benefit under this Plan equal to the difference between (a) the death benefit that would be payable under the Pension Plan as of the date of the Participant’s death if such benefit were calculated based on the benefit described in this Article IV; and (b) the death benefit actually payable under the Pension Plan as of the date of the Participant’s death, calculated in accordance with the terms of the Pension Plan.  No death benefit other than that set forth in this Section 4.7 shall be payable under this Plan if a Participant dies prior to the commencement of benefit payments under this Plan.  Following the commencement of payments under this Plan, death benefits shall only be payable to the extent the Participant is receiving benefits in the form of a survivor benefit or an annuity or installments that has a period certain component and the minimum payment period has not lapsed.

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