Document:

AMENDMENT NO. 1 TO CAP EXCESS PLAN

 Exhibit 10.13(a) 
 AMENDMENT ONE TO THE PEOPLE’S BANK 
 CAP EXCESS PLAN 
 This Amendment to the People’s Bank Cap Excess Plan (the “Plan”) is made as of October 4, 2004, except as otherwise hereinafter
specifically provided, by People’s United Bank (the “Bank”). 
 WHEREAS, the Bank adopted the Plan as of January 1, 1997
for the benefit of certain senior executives meeting certain eligibility requirements; and 
 WHEREAS, Section 11(a) of the Plan
provides that the Human Resources Committee of Bank may amend the Plan from time to time subject to certain limitations; and 
 WHEREAS, the
American Jobs Creation Act of 2004 added Section 409A to the Internal Revenue Code of 1986, as amended; and 
 WHEREAS, Bank has been
advised that in order to comply with the provisions of Section 409A, amendments to the Plan are necessary or advisable to remove the requirements that the Bank transfer funds to the Trustee (as defined in the Plan) in the event of a Credit
Rating Reduction as heretofore defined in the Plan and that certain other amendments are so necessary or advisable, but may be made in 2008; and 
 WHEREAS, the Section 11(c) may be construed to provide that certain participant and beneficiary votes be obtained before changing provisions relating to funding requirements in the event of a Credit Rating Reduction and such votes have
been obtained; and 
 WHEREAS, the Bank previously changed its salary grade designations and those previously equivalent to grade 10 and
above became equivalent to grade 65O and above; and 
 WHEREAS, Peoples United Bank a federally chartered savings bank is the corporate
successor to People’s Bank, a Connecticut chartered capital stock savings bank; and 
 WHEREAS, the Human Resources Committee has
determined that other amendments should be made to reflect changes in the corporate structure of the Bank and its parent and in the name of the Bank. 
 NOW, THEREFORE, the Plan is hereby amended as follows, effective as of October 4, 2004 except as otherwise specifically provided herein: 

	 	1.	There is hereby added to the end of Section 1 the following sentences, effective as of June 7, 2007: 

 “Benefits under this Plan are intended to supplement benefits to the ERP which refers to the plan which prior June 7, 2007 was known as the
People’s Bank Employees’ Retirement Plan, and on and after June 7, 2007 has been known as the People’s United Bank Employees’ Retirement Plan. ‘ Enhanced Plan’ shall refer to the Plan which prior to June 7,
2007 was known as the People’s Bank Enhanced Senior Pension Plan, and on and after June 7, 2007 has been known as the People’s United Bank Enhanced Senior Pension Plan.” 
  

	 	2.	Section 2 (g) is hereby deleted in its entirety and intentionally left blank. 

  

	 	3.	Section 2(m) is hereby amended to read in its entirety as follows: 

 “Interim Valuation Requirement Date” shall mean the last date of each fiscal year of the Bank.” 
  

	 	4.	The following sentence is hereby added to the end of Section 2(p): as of April 16, 2007: 

 “ ‘Parent’ shall mean prior to April 17, 2007, People’s Mutual Holdings, a mutual holding company organized pursuant to the
Banking Law of Connecticut and on and after April 17, 2007, People’s United Financial, Inc., a Delaware corporation, or its corporate successor or assigns; and the determination of whether any corporation or other entity is a successor or
assign of said People’s United Financial, Inc., for purposes of this Agreement shall be made by the CEO or, in the event there is no then acting CEO, by the Board of Directors of the Bank.” 
  

	 	5.	Section 2(o) is hereby amended effective June 7, 2007, to read as follows: 

 “The ‘Plan’ shall mean this People’s United Bank Cap Excess Plan as amended through the date hereof and as it may be amended from time to time hereafter. The Plan until on or about June 7,
2007 was known as the People’s Bank Cap Excess Plan.” 
  

	 	6.	Section 3(b) is hereby amended to read in its entirety as follows effective as of . 

 “(b) Each other Employee who is such on or after the Effective Date, shall become a Participant as of the date he first becomes a Member in the ERP and meets both the following requirements: 

 (i) has a salary grade of 65O or higher; or prior to the Grade Change had a salary grade of 10 or
higher; and 
 (ii) is limited by any of the requirements of the Sections 401(a)(17) or 415 of the Code included in the ERP for purposes of
complying with the applicable requirements of the Code.” 
 The term “Grade Change” shall refer to the time the Bank changed
its salary grading system making grades 10 and above equivalent to grades 65O and above.” 
  

	 	7.	Section 5 is hereby amended to read in its entirety as follows: 

  

	“5.	Plan Benefit 

 Any Participant who is such on or
after the Effective Date and who is an Employee as of that date shall be entitled to receive under the Plan a supplemental benefit (the “Plan Benefit”). The Plan Benefit shall be a monthly amount payable in the Single Life Form or other
form in effect under the ERP equal to the excess of A. over B. where: 
  

	 	A.	is equal to the monthly benefit such Participant would have received for each month under the ERP if the applicable limitations imposed by Sections 401(a)(17) or 415 or both of the
Code and regulations thereunder had not been included therein; and 

  

	 	B.	is equal to the monthly amount of the Participant’s ERP Benefit.” 

 8. Section 7 is hereby amended by (a) changing its title to read in its entirety as “Trust and Change in Control”, and (b) amending subsection (e) thereof to read in its entirety as
follows: 
 “(e) (i) No more than sixty (60) days after the last day of each fiscal year of the Bank, the Bank shall:

  

	 	A.	Cause the Actuary to compute the Interim Funding Amount as of such last day and deliver to the Trustee the Actuary’s certification of such Interim Funding Amount; and

  

	 	B.	Pay to the Trustee an amount which when added to the value of the Trust Fund as of such last day would result in a sum equal to or greater than such Interim Funding Amount.

 (ii) Any Actuary’s certification delivered pursuant to this subsection (e) may rely on the Trustee’s estimate
of expenses to be included in the computation of such Interim Funding Amount.” 

 IN WITNESS WHEREOF, People’s United Bank, corporate successor to People’s Bank hereby executes
this Amendment to be effective as of the dates above provided. 
  

			
	PEOPLE’S UNITED BANK
		
	By	 	 /s/ Philip R. Sherringham

		 	Philip R. Sherringham
		 	Its Acting President and CEOAMENDMENT THREE TO ENHANCED SENIOR PENSION PLAN

 Exhibit 10.14(c) 
 AMENDMENT THREE TO THE PEOPLE’S BANK 
 ENHANCED SENIOR PENSION PLAN 
 This Amendment to the People’s Bank Enhanced Senior Pension Plan (the “Plan”) is made as of October 4, 2004, except as otherwise
hereinafter specifically provided, by People’s United Bank (the “Bank”). 
 WHEREAS, the Bank adopted the Plan as of
January 1, 1997 for the benefit of certain senior executives meeting certain eligibility requirements; and 
 WHEREAS,
Section 11(a) of the Plan provides that the Human Resources Committee of Bank may amend the Plan from time to time subject to certain limitations; and 
 WHEREAS, the American Jobs Creation Act of 2004 added Section 409A to the Internal Revenue Code of 1986, as amended; and 
 WHEREAS, Bank has been advised that in order to comply with the provisions of Section 409A, amendments to the Plan are necessary or advisable to remove the requirements that the Bank transfer funds to the Trustee
(as defined in the Plan) in the event of a Credit Rating Reduction as heretofore defined in the Plan and that certain other amendments are so necessary or advisable, but may be made in 2008; and 
 WHEREAS, Section 11(c) may be construed to provide that certain participant and beneficiary votes be obtained before changing such provisions and
such votes have been obtained; and 
 WHEREAS, the Bank previously changed (the “Grade Change”) its salary grade designations and
those equivalent to grade 10 and above are grade 65O and above; and 
 WHEREAS, Peoples United Bank a federally chartered savings bank is the
corporate successor to People’s Bank, a Connecticut chartered capital stock savings bank; and 
 WHEREAS, the Human Resources Committee
has determined that other amendments should be made to reflect changes in the corporate structure of the Bank and its parent and in the name of the Bank. 
 NOW, THEREFORE, the Plan is hereby amended as follows, effective as of October 4, 2004 except as otherwise specifically provided herein: 
 1. There is hereby added to the end of Section 1 the following sentences, effective as of June 7, 2007. 

 “Benefits under this Plan are intended to supplement benefits to the ERP and the Cap Plan.
‘ERP’ shall refer to the plan which prior June 7, 2007 was known as the People’s Bank Employees’ Retirement Plan, and on and after June 7, 2007 has been known as the People’s United Bank Employees’ Retirement
Plan. ‘Cap Plan’ shall refer to the plan which prior to June 7, 2007 was known as the People’s Bank Cap Excess Plan, and on and after June 7, 2007 has been known as the People’s United Bank Cap Excess Plan”.

 2. Section 2 (i) is hereby deleted in its entirety and intentionally left blank. 
 3. Section 2(o) is hereby amended to read in its entirety as follows: 
 “Interim Valuation Requirement Date” shall mean the last date of each fiscal year of the Bank.” 
 4. Section 2(q) is hereby amended to read in its entirety as follows as of April 16, 2007: 
 “ ‘Parent’
shall mean People’s United Financial, Inc., a Delaware corporation, or its corporate successor or assigns; and the determination of whether any corporation or other entity is a successor or assign of said People’s United Financial, Inc.,
for purposes of this Agreement shall be made by the CEO or, in the event there is no then acting CEO, by the Board of Directors of the Bank.” 
 5. Section 2(s) is hereby amended effective June 7, 2007, to read as follows: 
 “The ‘Plan’ shall mean this
People’s United Bank Enhanced Senior Pension Plan as amended through the date hereof and as it may be amended from time to time hereafter. The Plan until on or about June 7, 2007 was known as the People’s Bank Enhanced Senior Pension
Plan.” 
 6. Subsection (b) of Section 3 is hereby amended to read in its entirety as follows: 
 “(b) Each other Employee who is such on or after the Effective Date and prior to August 14, 2006 shall become a Participant as of the date he
meets the following requirements: 
 (i) has a salary grade of 65O or higher; or prior to the Grade Change had a salary grade of 10 or
higher; and 
 (ii) has attained age fifty (50) or older. 

 The term “Grade Change” shall refer to the time the Bank changed its salary grading system
making grades 10 and above equivalent to grades 65O and above.” 
 7. Section 5 (d) is hereby deleted in its entirety.

 8. Section 7 is hereby amended by (a) changing its title to read in its entirety as “Trust and Change in Control”, and
(b) amending subsection (e) thereof to read in its entirety as follows: 
 “(e) (i) No more than sixty (60) days
after the last day of each fiscal year of the Bank, the Bank shall: 
  

	 	A.	Cause the Actuary to compute the Interim Funding Amount as of such last day and deliver to the Trustee the Actuary’s certification of such Interim Funding Amount; and

  

	 	B.	Pay to the Trustee an amount which when added to the value of the Trust Fund as of such last day would result in a sum equal to or greater than such Interim Funding Amount.

 (ii) Any Actuary’s certification delivered pursuant to this subsection (e) may rely on the Trustee’s estimate
of expenses to be included in the computation of such Interim Funding Amount.” 
 IN WITNESS WHEREOF, People’s United Bank,
corporate successor to People’s Bank hereby executes this Amendment to be effective as of the dates above provided. 
  

			
	 PEOPLE’S UNITED BANK

		
	 By
	 	 /s/ Philip R. Sherringham

		 	Philip R. Sherringham
		 	Its Acting President and CEO

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