Document:

NFS 2008 Deferred Compensation Plan for Non-Employee Directors

 Exhibit 10.57 
 NATIONWIDE FINANCIAL SERVICES, INC. 
 2008 DEFERRED COMPENSATION PLAN 
 FOR NON-EMPLOYEE DIRECTORS 
 1. Name of Plan. This plan shall be known as the “Nationwide Financial Services, Inc. 2008 Deferred Compensation Plan for Non-Employee Directors” and is hereinafter referred to as the “Plan.” 
 2. Purpose of Plan. The purpose of the Plan is to enable Nationwide Financial Services, Inc. (the “Company”) to attract
and retain qualified persons to serve as directors. 
 3. Effective Date and Term. The Plan became effective as of
February 20, 2008 and shall remain in effect until terminated by the Board. 
 4. Participants. Each member of
the Board of Directors of the Company (the “Board”) in 2008 who is not an employee of the Company or any of its subsidiaries or of any controlling affiliate or its subsidiaries and who is designated by the Board as a participant in the
Plan shall be a participant (“Participant”) in the Plan. 
 5. Deferred Retainer. Ninety thousand dollars
($90,000) of each Participant’s annual retainer for service on the Board in 2008 will be deferred under the Plan (“Deferred Amount”). 
 6. Accounts and Allocations. 
 (a) Deferred Amount: Each Participant’s Deferred
Amount shall be credited to an account (the “Book Account”) established for the Participant on or as soon as administratively practicable after the date such Deferred Amount would have been paid to the Participant had it not been deferred
pursuant to Section 5 of the Plan. 
 (b) Book Account: The Book Account shall be maintained for a Participant on the
accounting system of the Company reflecting such Participant’s Deferred Amount and earnings or losses on the Deferred Amount; provided, however, that the existence of such book entries and a Book Account shall not create and shall not be deemed
to create a trust of any kind, or a fiduciary relationship between the Company and (i) the Participant, (ii) the individual, trust or institution designated by the Participant to assume ownership of the Participant’s Book Account upon
the Participant’s death (the “Beneficiary”) or (iii) any other person, under the Plan. 
 (c) Earnings
Credited to Book Account: Each Participant’s Book Account will be credited or debited with earnings or losses for the period from the date on which the Deferred Amount is credited to the Book Account until the last day that the New York Stock
Exchange is open for business preceding the date on which the Deferred Amount is distributed. Such earnings or losses will be credited or debited to reflect credits and debits that would have occurred had an amount equal to the Participant’s
Book Account been invested in the investment options chosen, from time to time, by the Participant from among the options made available by the Company. Subject to such 

 
restrictions or limitations as the Company may prescribe from time to time, the Participant may change the investment options in which his or her account is
deemed to be invested for this purpose on any date that the New York Stock Exchange is open for business. The Company shall, in its sole discretion, select the investment options available to Participants. 
 (d) The initial investment option for the Deferred Amount will be the Nationwide Guaranteed Investment Fund and the Book Account will
remain in such investment option until the Participant changes the investment option in accordance with available investment options and in accordance with the procedures provided by the Company. 
 (e) Vested Interest: Each Participant shall always be 100% vested in the balance in his or her Book Account. 
 7. Payment. The amount in a Participant’s Book Account shall be paid in cash in a lump sum to the Participant upon, or as
soon as administratively practicable after (but in no event more than 90 days after), the date the Participant has a “separation from service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the
“Code”). If the Participant’s separation from service results from the Participant’s death, payment shall be made to the Participant’s Beneficiary (or to the administrator or executor of the Participant’s estate if no
valid beneficiary designation is in effect upon the death of the Participant) in the manner and at the time specified in the prior sentence. 
 8. Amendment and Termination. The Board, without the consent of any Participant or Beneficiary, may amend or terminate the Plan at any time; provided, however, that no amendment shall be made or act of
termination taken which divests any Participant or Beneficiary of the right to receive payments under the Plan with respect to amounts then credited to the Participant’s Book Account. 
 9. Administration of the Plan. The Plan will be administered by a committee appointed by the Board, consisting of two or more
persons who are not eligible to participate in the Plan (the “Committee”). Members of the Committee need not be members of the Board. The Committee shall adopt such rules as it may deem appropriate in order to carry out the purpose of the
Plan. All questions of interpretation, administration and application of the Plan shall be determined by the Committee, except that the Committee may authorize any one or more of its members, or any officer of the Company, to execute and deliver
documents on behalf of the Committee. The determination of the Committee shall be final and binding in all matters relating to the Plan. 
  

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 10. Miscellaneous. 
 (a) Nothing in the Plan shall be deemed to create any obligation on the part of the Board to nominate any director for reelection by the
Company’s stockholders or to limit the rights of the stockholders to remove any director. It is expressly understood that the Plan relates merely to the promise of payment of deferred compensation for the Participant’s services as a member
of the Board, payable after the Participant’s separation from service on the Board as described in Section 7. 
 (b) Nothing contained in the Plan, and no action taken pursuant to the Plan by the Company or any Participant shall create, or be construed to create, a trust of any kind, or a fiduciary relationship between the Company and the Participant,
a Beneficiary or any other person. Any trust created by the Company and any assets held by any such trust to assist the Company in meeting its obligations under the Plan shall conform to the terms of the model trust described in Internal Revenue
Procedure 92-64 and as subsequently modified. 
 (c) Nothing contained in the Plan shall prevent the Company from adopting
other or additional compensation arrangements for the Participants. 
 (d) Payments to any Participant or Beneficiary shall
be made from assets which shall continue, for all purposes, to be a part of the general, unrestricted assets of the Company. Title to and beneficial ownership of any assets, whether cash or investments that the Company may earmark to pay the
Deferred Amount hereunder, shall at all times remain assets of the Company and no Participant or Beneficiary or other person who may be entitled to payment under the Plan shall have any property interest in any specific asset of the Company as a
result of the Plan. The obligation of the Company under this Plan shall be an unfunded, for tax purposes, and unsecured promise to pay money in the future. To the extent any person acquires a right to receive payments from the Company under the
Plan, such right shall be no greater than the right of any unsecured general creditor of the Company, and no such person shall have nor require any legal or equitable right, interest or claim in or to any property or asset of the Company as a result
of the Plan. The Company shall have no obligation to invest any assets as directed by Participants pursuant to Section 6(c). The elections made by Participants pursuant to that section shall be used solely for purposes of measuring the earnings
credited to the Book Accounts of Participants. 
 (e) If, in its discretion, the Company purchases an insurance policy or
policies insuring the life of a Participant or any other property to allow the Company to recover the cost of providing amounts, in whole or in part, under this Plan, neither the Participant, the Beneficiary nor any other person shall have any
rights whatsoever to the proceeds from such policy or policies. The Company shall be the sole owner and beneficiary of any such insurance policy and shall possess and may exercise all incidents of ownership in such policy. No such policy, policies
or other property shall be held in any trust for the Participant or any other person nor as collateral security for any obligation of the Company under this Plan. 
  

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 (f) There is no obligation on the part of the Company to fund for any liability which
accrues as a result of the Plan. 
 (g) Neither the Participant, a Beneficiary nor any other beneficiary under the Plan shall
have any power or right to transfer, assign, anticipate, hypothecate or otherwise encumber any part or all of the amounts payable under this Plan. A Participant’s or a Beneficiary’s rights to benefit payments under the Plan are not subject
in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, attachment or garnishment by creditors of the Participant or of the Beneficiary, and no such amounts shall be subject to seizure by any creditor of any
Participant or Beneficiary, by a proceeding at law or in equity, nor shall such amounts be transferable by operation of law in the event of bankruptcy, insolvency or death of the Participant or the Beneficiary, or any other beneficiary hereunder.
Any such attempted assignment or transfer shall be void. 
 (h) A Participant who believes that such Participant is being
denied an amount to which the Participant is entitled under the Plan may file a written request for such amount with the Committee, setting forth the Participant’s claim. The request must be addressed to the Committee at the Company’s
address as provided in Section 10(m). 
 (i) If any provision of the Plan is held invalid or unenforceable, such
invalidity or unenforceability shall not affect any other provision of the Plan, and the Plan shall be construed and enforced as if such invalid or unenforceable provision had not been included in the Plan. 
 (j) It is the intention that the provisions of this Plan comply with Section 409A of the Code and the rules, regulations and other
authorities promulgated under Section 409A of the Code and all provisions of this Plan will be construed and interpreted in a manner consistent with Section 409A of the Code. 
 (k) Headings used throughout the Plan are for convenience only and shall not be given legal significance. 
 (l) The Plan shall be binding upon and shall inure to the benefit of, the Company and its successors and assigns, and the Participants
and their Beneficiaries and the successors, heirs, executors, administrators and beneficiaries of the Company, the Participants and the Beneficiaries. 
 (m) Any notice, consent or demand required or permitted to be given under the Plan shall be in writing and shall be signed by the party giving or making the same. If such notice, consent or demand is mailed to any
Participant or the Company, it shall be sent by United States certified mail, postage prepaid, and addressed to such party’s last known address as shown on the records of the Company. The address of the Company, for this purpose, shall be One
Nationwide Plaza, Columbus, Ohio 43215-2220. The date of such mailing shall be deemed the date of notice, consent or demand. Any party may change the address to which notice is to be sent by giving notice of the change of address in the manner
described in this Section 10(m). 
  

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 11. Governing Law. The Plan shall be governed by and construed in accordance with
the laws of the State of Delaware to the extent that such laws are not preempted by any federal laws, excluding any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of this Plan to the
substantive law of another jurisdiction. 
  
  
 Approved by the Board of Directors February_20, 2008, effective February_20, 2008. 
  

 5First Amendment to the Nationwide Individual Deferred Compensation Plan

 Exhibit 10.58 
 FIRST AMENDMENT to the NATIONWIDE INDIVIDUAL 
 DEFERRED COMPENSATION PLAN AS 
 AMENDED AND RESTATED 
 January 1,
2005 
 It is hereby understood and agreed that the Nationwide Individual Deferred Compensation Plan as Amended and Restated
January 1, 2005 (“Plan”), is further amended, as follows: 
 1. Effective January 1, 2005, a definition
of “Company” is added to read as follows: 
 Company: Nationwide Mutual Insurance Company 
 2. Effective January 1, 2005, the definition of Hardship Distribution is renamed and restated as follows: 
 Unforeseeable Emergency Distribution: A distribution following a Participant’s Termination Date on account of severe financial
hardship of the Participant or Beneficiary resulting from an illness or accident of the Participant or of his or her spouse or dependent (as defined by Code Section 152(a)), loss of a Participant’s property due to casualty, or other
similar or extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant or Beneficiary. The circumstances that would constitute an unforeseeable emergency will depend upon the facts of each case,
but, in any case, a Hardship Distribution may not be made to the extent that such hardship is or may be relieved (i) through reimbursement or compensation by insurance or otherwise, (ii) by liquidation of the Participant’s assets, to
the extent the liquidation or assets would not itself cause severe financial hardship, or (iii) by cessation of deferrals under any other plan. 
 3. Effective January 1, 2005, the definition of Nationwide Retirement Plans is amended to add reference to Nationwide Life Insurance Company of America Retirement Plan. 
 4. Effective January 1, 2005, the third paragraph of Section 3.02 is restated as: 
 Notwithstanding the foregoing, the Administrator may adjust a Participant’s Election of Deferral prior to the end of a Plan Year if
the Administrator determines, in its sole discretion, that such change is appropriate to carry out the terms of the Plan. Such mid-year adjustment in the Election of Deferral shall only be permitted with respect to Compensation for services to be
performed by the Eligible Participant subsequent to the date of the election. Any change in Election of Deferral made pursuant to this paragraph shall supersede any prior Election of Deferral and shall remain in effect until the end of the
then-current Plan Year. 

 5. Effective September 1, 2005, the first sentence of the last paragraph of
Section 4.02 is restated as: 
 Except for Insiders, the Participant may change the investment options in which his or
her account is deemed to be invested for this purpose once every seven (7) calendar days, and may make different elections with respect to such deemed investments with respect to each of his or her sub-accounts. 
 6. Effective January 1, 2005, Section 5.05 is renamed from Hardship Distribution to Unforeseeable Emergency. 
 IN WITNESS WHEREOF, Nationwide Mutual Insurance Company, on behalf of the Companies, has hereby executed this Amendment to be effective January 1,
2005. 
  

			
	 NATIONWIDE MUTUAL INSURANCE COMPANY

		
	 By:
	 	 /s/ Bruce Thompson

		 	 Bruce Thompson

		 	 Associate Vice President – Associate General Counsel

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