Document:

Whirlpool Retirement Benefits Restoration Plan

 Exhibit 10(iii)(dd) 
 Whirlpool Retirement Benefits Restoration Plan 
 (As Amended and Restated Effective January 1, 2009) 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
		  	  Article 1. Establishment and Restatement of the Plan	  	1
			
	1.1	  	Restatement of the Plan	  	1
			
	1.2	  	Purpose and History	  	1
			
	1.3	  	Application of the Plan	  	1
			
		  	  Article 2. Definitions and Construction	  	3
			
	2.1	  	Definitions	  	3
			
	2.2	  	Gender and Number	  	4
			
	2.3	  	Severability	  	4
			
	2.4	  	Applicable Law	  	4
			
	2.5	  	Section 409A Compliance	  	4
			
		  	  Article 3. Participation	  	5
			
	3.1	  	Eligibility	  	5
			
	3.2	  	Participation	  	5
			
		  	  Article 4. Benefits	  	6
			
	4.1	  	Amount of Benefits	  	6
			
	4.2	  	Forfeiture for Cause	  	7
			
	4.3	  	Time and Form of Payment	  	7
			
	4.4	  	Cash-Out of Small Account Balances	  	10
			
	4.5	  	Distributions on Account of Disability	  	10
			
	4.6	  	Distributions on Account of Death Following Separation from Service	  	10
			
	4.7	  	Distributions on Account of Death Before Separation from Service	  	10
			
	4.8	  	Designation of Beneficiary	  	11
			
	4.9	  	Delay of Payment	  	12
			
		  	  Article 5. Administration and General Provisions	  	13
			
	5.1	  	Administration	  	13
			
	5.2	  	Funding of the Plan	  	13
			
	5.3	  	Claims Procedure	  	13

  

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 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page
	5.4	  	Payment of Expenses and Indemnity for Liability	  	14
			
	5.5	  	Incompetence	  	14
			
	5.6	  	Nonalienation	  	15
			
	5.7	  	Employer-Employee Relationship	  	15
			
	5.8	  	Effect on Other Benefit Plans	  	15
			
	5.9	  	Tax Liabilities	  	15
			
		  	  Article 6. Change in Control, Amendment, and Termination	  	17
			
	6.1	  	Change in Control	  	17
			
	6.2	  	Amendment	  	17
			
	6.3	  	Termination	  	17

  

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 Article 1. Establishment and Restatement of the Plan 
 1.1 Restatement of the Plan 
 Whirlpool Corporation previously
established an excess benefit plan for certain of its eligible Employees known as the “Whirlpool Retirement Benefits Restoration Plan” (the “Plan”), which Plan was adopted on December 13, 1976, and was effective as of
January 1, 1976. The Plan was subsequently amended and restated effective as of January 1, 1989 and January 1, 2002. The Plan is hereby amended and restated in this instrument effective as of January 1, 2009.

 1.2 Purpose and History 
 The purpose of the Plan is to
provide to the Employee, or to the Employee’s beneficiary or beneficiaries, the excess retirement benefit described in section 4.1. The Plan is intended to be an “excess benefit plan” as described in section 3(36) of the Employee
Retirement Income Security Act of 1974, as amended (“ERISA”) and to provide unfunded deferred compensation benefits for a select group of management or highly compensated employees within the meaning of section 201(2) of ERISA. In that
regard, the Plan is intended solely for the purpose of providing an eligible Employee payment of the additional benefit that the Employee would have been eligible to receive pursuant to the Whirlpool Employees Pension Plan (“WEPP”) if the
maximum annual benefits limitations described in Section 401(a)(17) and Section 415 of the Internal Revenue Code of 1986, as amended (the “Code”) had not been applied. 
 Effective January 1, 2002, the Plan was amended and restated to reflect to the merger of the Whirlpool Salaried Employees Retirement Plan into the Whirlpool
Employees Pension Plan and to incorporate amendments to the Plan adopted since it was last restated. 
 The Plan is hereby amended and restated effective
January 1, 2009 to make changes to the Plan as required or permitted by Section 409A of the Code (“Section 409A”), and applicable guidance issued thereunder. The Plan is further amended hereby to reflect the freezing of
benefits under WEPP generally effective December 31, 2006, and with respect to Employees who are Retirement Zone Participants under WEPP on December 31, 2006, effective as of December 31, 2009. 
 1.3 Application of the Plan 
 Except as provided in the following
sentence, the terms of this Plan, as amended and restated herein, apply to each Participant who has not received or commenced to receive payment of his or her accrued excess retirement benefit before January 1, 2009. In the case of certain
Participants who received or commenced to receive payment of his or her benefit under WEPP prior to January 1, 2009 such a Participant’s excess retirement benefit under this Plan shall commence to be paid on the specified date in 2009
determined in accordance with the rules established with respect to the Plan prior to December 31, 2008 and shall be paid in the form determined in accordance with those rules. 

 The rights of each Participant who received or commenced to receive payment of his or her accrued excess retirement
benefit after December 31, 2004 but before January 1, 2009 will be governed by the terms of the Plan in effect as of the Participant’s termination of employment subject to changes required by Section 409A, and subject to the
Company’s good-faith interpretation of the requirements of Section 409A and transitional guidance published by the IRS. 
 The rights of each
Participant who received or commenced to receive payment of his or her excess retirement benefit before January 1, 2005 will be governed by the terms of the Plan in effect as of the Participant’s termination of employment and shall be
grandfathered for purposes of Section 409A. 
  

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 Article 2. Definitions and Construction 
 2.1 Definitions 
 Whenever used in the Plan, the following terms shall have the meaning set forth below unless the
context clearly indicates otherwise. 
  

	(a)	“Affiliate” means Affiliate as defined in WEPP. 

  

	(b)	“Board of Directors” means the Board of Directors of the Company. 

  

	(c)	“Change in Control” means an event that would constitute a change in ownership or effective control of the Company, or a change in the ownership of a substantial
portion of the assets of the Company, within the meaning of Section 409A. 

  

	(d)	“Code” means the Internal Revenue Code of 1986, as now in effect or hereafter amended. 

  

	(e)	“Committee” or “Human Resources Committee” means the Human Resources Committee appointed by the Board of Directors of the Company.

  

	(f)	“Company” means Whirlpool Corporation, and any organization that is a successor thereto. 

  

	(g)	“Disability” or “Disabled” means the Participant is, by reason of any medically determinable physical or mental
impairment that can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under an
accident and health plan covering employees of the Company. The Participant will be deemed to be Disabled if he or she is determined to be totally disabled by the Social Security Administration or if he or she is determined to be disabled in
accordance with the Company’s (or Subsidiary’s, if applicable) disability insurance program, provided that the definition of disability applied under such disability insurance program complies with the foregoing definition of Disability.

  

	(h)	“Employee” means any employee of the Company or other Employer. 

  

	(i)	“Employer” means the Company and any Subsidiary or Affiliate of the Company any of whose Employees are covered by the Plan. 

  

	(j)	“ERISA” means the Employee Retirement Income Security Act of 1974, as now in effect or hereafter amended. 

  

	(k)	“Participant” means an Employee who has satisfied the conditions of sections 3.1 and 3.2. 

  

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	(l)	“Plan” means the Whirlpool Retirement Benefits Restoration Plan as provided herein and as subsequently amended from time to time. 

  

	(m)	“Separation from Service” has the meaning given to such term in Section 409A. 

  

	(n)	“Section 409A” means Code section 409A, final regulations issued under Code section 409A and all other Internal Revenue Service guidance that may be
issued thereunder. 

  

	(o)	“Subsidiary” means a subsidiary of the Company as defined in WEPP. 

  

	(p)	“WEPP” means the Whirlpool Employees Pension Plan as modified by the Part II Supplement for the Salaried Employees Participating Group. 

 2.2 Gender and Number 
 Except when otherwise indicated by the
context, any masculine terminology when used in the Plan shall also include the feminine gender, and the definition of any term herein in the singular shall also include the plural. 
 2.3 Severability 
 In the event any provision of the Plan shall be held invalid or illegal for any reason, any
illegality or invalidity shall not affect the remaining parts of the Plan, but the Plan shall be construed and enforced as if the illegal or invalid provision had never been inserted, and the Company shall have the privilege and opportunity to
correct and remedy such questions of illegality or invalidity by amendment as provided in the Plan. 
 2.4 Applicable Law 
 The Code section 415 excess benefit provisions of the Plan are fully exempt from the provisions of ERISA pursuant to section 4(b)(5) thereof. To the extent not preempted
by ERISA, the Plan shall be governed, construed, and administered in accordance with the laws of the State of Michigan. 
 2.5 Section 409A
Compliance 
 It is intended that any payment to a Participant that accrues and becomes payable pursuant to this Plan will not be subject to interest and
additional tax under Section 409A. The provisions of the Plan will be interpreted and construed in favor of the Plan meeting any applicable requirements of Section 409A. To the extent that any provision of the Plan would cause a conflict
with the requirements of Section 409A, or would cause the administration of the Plan to fail to satisfy Section 409A, such provision shall be deemed null and void to the extent permitted by applicable law. The Company, in its absolute
discretion, may amend (including retroactively) this Plan to conform to Section 409A, including amendments to facilitate the ability of a Participant to avoid the imposition of interest and additional tax under Section 409A. However,
nothing herein shall be construed as a guaranty by the Company of any particular tax effect on any payment accrued under the terms of the Plan. In any event, the Company will have no responsibility for the payment of any applicable taxes on income
deferred by the Participant pursuant to the provisions of this Plan. 
  

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 Article 3. Participation 
 3.1 Eligibility 
 An Employee who is entitled to retirement benefits pursuant to the Part II Supplement to WEPP for the Salaried Employees
Participating Group will be eligible for payments under this Plan, provided that payments which would otherwise have been made under WEPP have been reduced by the limitation on such payments set forth in WEPP, as required by Code Section 415 or
Code Section 401(a)(17). 
 An Employee who is not a Retirement Zone Participant as defined in WEPP on December 31, 2006 shall not thereafter
become eligible for an excess retirement benefit under this Plan. An Employee who is a Retirement Zone Participant in WEPP on December 31, 2006 shall continue to be eligible to accrue excess retirement benefits under this Plan for services
provided to an Employer through December 31, 2009, including a Retirement Zone Participant whose benefit accruals under WEPP are first limited by Code Sections 415 or 401(a)(17) after December 31, 2006. 
 3.2 Participation 
 An Employee who is eligible for excess retirement
benefits as described in section 3.1 shall become a Participant in the Plan as of the first day of the calendar year in which such person meets the eligibility conditions in Section 3.1 above. 
 Upon termination of a Participant’s employment, such Participant shall be considered an Inactive Participant. Any amounts previously accrued for the benefit of such
Inactive Participant pursuant to the terms of the Plan shall be paid to such Inactive Participant (or to such Inactive Participant’s beneficiary or beneficiaries) in accordance with Article 4. 
  

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 Article 4. Benefits 
 4.1 Amount of Benefits 
  

	(a)	General. The amount of the excess retirement benefit payable to a Participant who has a Separation from Service for any reason other than death shall be equal to the
difference between (1) and (2) determined as of the date of the Participant’s Separation from Service (or as of December 31, 2008 in the case of a Participant whose Separation from Service occurs prior to January 1, 2009),
where – 

  

	 	(1)	is the lump sum actuarial equivalent value of the monthly normal retirement benefit that would have been payable to the Participant under WEPP commencing on the first day of the
month following the Participant’s sixty-fifth birthday if the limitations in Code sections 415 and 401(a)(17) were not applied, taking into account any applicable Cash Balance Account benefit under the Part III Supplement to WEPP, but excluding
any increases in the Participant’s benefit under WEPP pursuant to the second paragraph of Section 5.1(b) of WEPP as described in particular 7 of the Part II Supplement for the Salaried Employees Participating Group; and

  

	 	(2)	is the lump sum actuarial equivalent value of the monthly normal retirement benefit payable under WEPP, including (A) any applicable Cash Balance Account benefit under the Part
III Supplement to WEPP, and (B) any increases in the Participant’s benefit under WEPP attributable to vested benefits accrued under this Plan as of December 31, 2000 that become payable from WEPP pursuant to the second paragraph of
Section 5.1(b) of WEPP as described in particular 7 of the Part II Supplement for the Salaried Employees Participating Group. 

 Notwithstanding anything in this Plan to the contrary, effective as to any Participant other than a Retirement Zone Participant who retires or terminates employment on or after December 31, 2006, the excess retirement benefit for such
Participant shall be based on such Participant’s benefit under WEPP as of December 31, 2006. No Participant other than a Retirement Zone Participant will accrue an additional excess retirement benefit under this Plan after
December 31, 2006. Effective as to any Employee who is a Retirement Zone Participant under the terms of WEPP, and who retires or terminates employment on or after December 31, 2006, the excess retirement benefit for such Retirement Zone
Participant shall be based on such Retirement Zone Participant’s benefit under WEPP as of December 31, 2009. No Retirement Zone Participant will accrue an additional excess retirement benefit under this Plan after December 31, 2009.

  

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	(b)	Factors for Determining Lump Sum Actuarial Equivalence. Lump sum actuarial equivalence for purposes of determining the amount of the excess retirement benefit described in
section 4.1(a) shall be computed using the same actuarial factors and assumptions as described in WEPP, including early commencement factors, for purposes of determining lump sum payments. 

  

	(c)	Payments at Other Times and in Other Forms. The payment of early retirement benefits or deferred vested retirement benefits under WEPP at a time other than age 65 or in a
form of payment other than a single life annuity shall be disregarded for purposes of computing the amount of the excess retirement benefit payable under this Plan. 

 4.2 Forfeiture for Cause 
 Notwithstanding section 4.1, any vested retirement benefit payable under section 4.1 shall
be forfeited, and a Participant, and the Participant’s surviving spouse and any other beneficiary, shall have no right to such benefit if the Committee or the Company determines that the Participant – 
  

	(a)	has engaged in competition with the Company or an affiliate of the Company or has gone to work for a competitor; or 

  

	(b)	has revealed trade secrets, or has otherwise engaged in a willful, deliberate, or gross act of commission or omission which is injurious to the finances or reputation of the Company
or its affiliate. 

 Provided, however, that following a Change in Control as described in section 6.1 of the Plan, a Participant’s
benefit shall not be forfeited if the Participant engages in the activities described in (a) above. 
 4.3 Time and Form of Payment 

 

	(a)	Normal Time and Form of Payment. Subject to section 4.3(b), section 4.4, section 4.5, and section 4.9, payment of the Participant’s excess retirement benefit under the
Plan shall be made to the Participant as follows – 

  

	 	(1)	Except as provided in subsection 4.3(a)(2) below, in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in the seventh calendar
month following such Participant’s Separation from Service. 

  

	 	(2)	For each Participant who terminated employment with the Company before July 1, 2008 who had not received or commenced to receive payment of his or her retirement benefit prior
to January 1, 2009, in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in April 2009. 

  

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	(b)	Optional Time and Form of Payment.  

  

	 	(1)	Participants Actively Employed between June 30, 2008 and January 1, 2009. An eligible Employee who is actively employed by the Company and is a Participant in the
Plan after June 30, 2008 and before January 1, 2009, may elect prior to January 1, 2009 in accordance with procedures adopted by the Committee to receive his or her excess retirement benefit either – 

  

	 	(A)	in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in the seventh calendar month following such Participant’s
Separation from Service, or 

  

	 	(B)	in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in April of the calendar year following the first anniversary of the
Participant’s Separation from Service, or 

  

	 	(C)	in ten (10) substantially equal annual cash installments (based on a declining balance method) with the first installment payable on the first regular Company payroll date for
salaried exempt employees in the seventh calendar month following the Participant’s Separation from Service and the second through the tenth installments payable in each successive tax year of the Participant on the first regular Company
payroll date for salaried exempt employees after the anniversary of the first installment payment. 

  

	 	(2)	Terminated Deferred Vested Participants as of December 31, 2008. A Participant who terminated employment with the Company before July 1, 2008 who had not received
or commenced to receive payment of his or her retirement benefit prior to January 1, 2009, may elect prior to January 1, 2009 in accordance with procedures adopted by the Committee to receive his or her excess retirement benefit either
– 

  

	 	(A)	in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in April 2009, or 

  

	 	(B)	in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in April 2010, or 

  

	 	(C)	in ten (10) substantially equal annual cash installments (based on a declining balance method) with the first installment payable on the first regular Company payroll date for
salaried exempt employees in April 2009 and the second through the tenth installments payable on the first regular Company payroll date for salaried exempt employees in April of each successive tax year of the Participant. 

 

 8 

	 	(3)	Newly Eligible Employees after December 31, 2008. An Employee who first accrues a benefit under the Plan on or after January 1, 2009 may elect, no later than 30
days after the first day of the calendar year following the year in which such Employee first accrues a benefit under the Plan, in accordance with procedures adopted by the Committee, to receive his or her excess retirement benefit either –

  

	 	(A)	in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in April of the calendar year following the first anniversary of the
Participant’s Separation from Service, or 

  

	 	(B)	in ten (10) substantially equal annual cash installments (based on a declining balance method) with the first installment payable on the first regular Company payroll date for
salaried exempt employees in the seventh calendar month following the Participant’s Separation from Service and the second through the tenth installments payable in each successive tax year of the Participant on the first regular Company
payroll date for salaried exempt employees after the anniversary of the first installment payment. 

  

	 	(4)	Subsequent Election Affecting the Time and Form of Payment. A Participant may make a subsequent election to defer the time of payment of the Participant’s excess
retirement benefit, provided that 

  

	 	(A)	the election shall not become effective until at least twelve (12) months after the date on which the election is made; 

  

	 	(B)	the election is made at least twelve (12) months before the date that the excess retirement benefit would otherwise have been paid (or in the case of installment payments, at
least twelve months before the date the first installment would otherwise have been paid); and 

  

	 	(C)	payment of the excess retirement benefit shall be made in a lump sum on the date that is five (5) years from the date such payment would otherwise have occurred (or in the case
of a participant who had previously elected installment payments, five years from the date the first installment would otherwise have been paid). 

  

	(c)	 Interest Additions. Interest shall be credited annually on a Participant’s excess retirement benefit calculated in accordance with section 4.1 at the
WEPP Rate for each full month from the date of the Participant’s Separation from Service to the date of 

  

 9 

	 	 
payment. For this purpose, the “WEPP Rate” means the interest rate then used to calculate interest credits on cash balance accounts as described in
Section 3 of the Part III Supplement to WEPP for Cash Balance Accounts and Retiree Health Care Accounts. 

 4.4 Cash-Out of Small
Account Balances 
 The Company shall disregard a Participant’s election regarding the time and form of payment (as described in section 4.3(b)) if
the excess retirement benefit of the Participant under this Plan when added to the value of benefits accrued on behalf of the Participant under all other nonqualified deferred compensation plans maintained by the Company which are aggregated with
this Plan pursuant to Treasury Regulation Section 1.409A-1(c)(2) upon such Participant’s Separation from Service does not exceed $100,000. In such case, the Participant’s excess retirement benefit will be paid in a lump sum cash
payment on the first regular Company payroll date for salaried exempt employees to occur in the seventh calendar month following such Participant’s Separation from Service. 
 4.5 Distributions on Account of Disability 
 Notwithstanding section 4.3 and section 4.4, in the event a Participant
becomes Disabled before the Participant’s entire excess retirement benefit under the Plan is paid, the Participant’s remaining excess retirement benefit (including any amounts remaining in the Plan on behalf of a Participant who had
commenced to receive installment payments pursuant to section 4.3(b)) will be paid in a lump sum cash payment on the first Company payroll date for salaried exempt employees in the month following the Participant’s Disability. 
 4.6 Distributions on Account of Death Following Separation from Service 
 Notwithstanding section 4.3 and section 4.4, in the event a Participant whose Separation from Service occurs for reasons other than death dies before the Participant’s entire excess retirement benefit under the Plan is paid, the
Participant’s remaining excess retirement benefit (including any amounts remaining in the Plan on behalf of a Participant who had commenced to receive installment payments pursuant to section 4.3(b)) will be paid in a lump sum cash payment to
the Participant’s beneficiary on the first Company payroll date for salaried exempt employees in the month following the Participant’s death. 
 4.7 Distributions on Account of Death Before Separation from Service 
 In the case of a Participant whose death occurs prior to the
Participant’s Separation from Service, a death benefit shall be payable to the Participant’s beneficiary if a preretirement death benefit that would be payable on behalf of the Participant under section 5.8 or 5.9 of WEPP is affected by
the limitations in Code sections 415 or 401(a)(17) or related limitations. Such preretirement death benefit shall be computed using the factors and assumptions used to compute the applicable preretirement death benefit under WEPP, except that the
amount of the preretirement death benefit shall be computed on the same basis as retirement payments are determined under 

  

 10 

 
section 4.1 and shall be converted to the lump sum actuarial equivalent value of the preretirement death benefit using the actuarial factors described in
section 4.1(b). The death benefit shall be paid in a lump sum cash payment to the Participant’s beneficiary on the first Company payroll date for salaried exempt employees in the month following the Participant’s death. Preretirement death
benefits shall be forfeitable in the same manner as retirement benefits in accordance with the provisions of section 4.2. 
 4.8 Designation of
Beneficiary 
 In the absence of a separate beneficiary designation by the Participant with respect to benefits payable upon the death of the Participant
under this Plan, a Participant’s beneficiary shall be the beneficiary designated by the Participant to receive a benefit under WEPP in the event of the Participant’s death. A Participant may designate a separate primary beneficiary or
beneficiaries who, upon his death, are to receive the distributions that otherwise would have been paid to him under this Plan. In addition, the Participant may designate a contingent beneficiary or beneficiaries who shall receive distributions
should the primary beneficiary or beneficiaries predecease the Participant. All designations shall be in writing and shall be effective only if and when delivered to the Committee during the lifetime of the Participant. 
 The designation of a spouse as a beneficiary shall automatically be revoked upon divorce or legal separation. 
 In the absence of a beneficiary designation or in the event that all of the named beneficiaries predecease the Participant, or if there is doubt as to the right of any
beneficiary, the Company shall make payments to the surviving member(s) of the following classes of beneficiaries, in equal shares, with preference for classes in the order listed below: 
  

	(a)	the Participant’s spouse (unless legally separated by court decree), 

  

	(b)	the Participant’s children (including children by adoption), 

  

	(c)	the Participant’s parents (including parents by adoption), and 

  

	(d)	the Participant’s executor or administrator. 

 Benefits will be paid
exclusively to the member(s) of the first class in the order listed above, which has surviving member(s). If that class has more than one member, payment will be made in equal shares among members of that class. 
  

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 4.9 Delay of Payment 
 Notwithstanding any other provision in the Plan, payment of a Participant’s excess retirement benefit under the Plan will be delayed as follows: 
  

	(a)	If any Participant is a Specified Employee (as defined in Section 409A), upon a Separation from Service for any reason other than death, commencement of payment to such
Participant shall not be made before the date that is six (6) months after the date of his or her Separation from Service (or, if earlier, the date of death of the Participant). Payments to which a Specified Employee would otherwise be entitled
during this period shall be accumulated and paid, together with interest, on the first Company payroll date for salaried exempt employees in the seventh calendar month following the date of his or her Separation from Service.

  

	(b)	If the Company reasonably anticipates that any portion of any Participant’s excess retirement benefit could be limited or nondeductible under Code Section 162(m) (or cause
other amounts payable by the Company to be nondeductible under Code Section 162(m)), then the payment of such portion of the excess retirement benefit to such Participant shall be delayed until the earliest date on which the Company reasonably
anticipates that the deduction will not be limited or eliminated by application of Code Section 162(m). 

  

	(c)	Payment of a Participant’s excess retirement benefit under the Plan may be delayed as permitted under Section 409A, as if stated in the Plan, for example, if the making of
a payment would jeopardize the ability of the Company to continue as a going concern, or the Company reasonably anticipates that the making of the payment will violate Federal securities or other applicable laws. 

 If the payment of any Participant’s excess retirement benefit is delayed for any reason beyond the Participant’s date of Separation from Service, the portion
so delayed will be credited with interest from the date of the Participant’s Separation from Service until paid. 
  

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 Article 5. Administration and General Provisions 
 5.1 Administration 
 The Human Resources Committee (the
“Committee”) shall be charged with the administration and interpretation of the Plan but may delegate the ministerial duties hereunder to such persons as it determines. The Committee may adopt such rules as may be necessary or appropriate
for the proper administration of the Plan. To the extent that such rules are not adopted, applicable rules relating to the administration of WEPP modified to the extent necessary to comply with Section 409A shall govern. The Committee shall
have the exclusive right, in its discretion, to make any finding of fact necessary or appropriate for any purpose under the Plan, including but not limited to the determination of the eligibility for and the amount of any benefit payable under the
Plan. The Committee shall have the exclusive right, in its discretion, to interpret the terms and provisions of the Plan and to determine any and all questions arising under the Plan or in connection with the administration thereof, including,
without limitation, the right to remedy or resolve possible ambiguities, inconsistencies, or omissions, by general rule or particular decision. All findings of fact, determinations, interpretations, and decisions of the Committee shall be conclusive
and binding upon all persons having or claiming to have any interest or right under the Plan and shall be given the maximum possible deference allowed by law. Benefits under the Plan shall be paid only if the Committee in its sole discretion
determines that a Participant is entitled to the benefits. 
 5.2 Funding of the Plan 
 Benefits under the Plan shall be paid out of the general assets of the Employer. Benefits payable under the Plan shall be reflected on the accounting records of the Employer but shall not be construed to create or
require the creation of a trust, custodial, or escrow account. No Employee or Participant shall have any right, title, or interest whatever in or to any investment reserves, accounts, or funds that the Employer may purchase, establish, or accumulate
to aid in providing benefits under the Plan. Nothing contained in the Plan, and no action taken pursuant to its provisions, shall create a trust or fiduciary relationship of any kind between the Employer and an Employee or any other person. Neither
a Participant nor survivor or beneficiary of an Employee shall acquire any interest greater than that of an unsecured creditor. 
 5.3 Claims Procedure

 Benefits shall be paid in accordance with the provisions of this Plan. 
  

	(a)	The Participant, or a designated beneficiary or any other person claiming through the Participant, shall make a written request for benefits under this Plan. This written claim
shall be mailed or delivered to the Committee. Such claim shall be reviewed by the Committee or a delegate. 

  

	(b)	 If the claim is denied, in full or in part, the Committee shall provide a written notice within (90) days setting forth the specific reasons for denial, and
any additional material or information necessary to perfect the claim, and an explanation of why such 

  

 13 

	 	 
material or information is necessary, and appropriate information and explanation regarding the steps to be taken if a review of the denial is desired.
However, if special circumstances require an extension of the period of time for considering a claim, the 90-day period can be extended for an additional 90 days by giving the claimant written notice of the extension, the reason why the extension is
necessary, and the date a decision is expected. 

  

	(c)	If the claim is denied and a review is desired, the Participant (or beneficiary) shall notify the Committee in writing within sixty (60) days after receipt of the written
notice of denial. In requesting a review, the Participant or beneficiary may request a review of pertinent documents with regard to the benefits created under this Plan, may submit any written issues and comments, may request an extension of time
for such written submission of issues and comments, and may request that a hearing be held, but the decision to hold a hearing shall be within the sole discretion of the Committee. 

  

	(d)	The decision on the review of the denied claim shall be rendered by the Committee within sixty (60) days after the receipt of the request for review (if no hearing is held) or
within sixty (60) days after the hearing if one is held. However, if special circumstances require an extension of the period of time for considering an appeal, the 60-day period can be extended for an additional 60 days by giving the claimant
written notice of the extension, the reason why the extension is necessary, and the date a decision is expected. The decision shall be written and shall state the specific reasons for the decision including references to the specific provisions of
this Plan on which the decision is based. 

 5.4 Payment of Expenses and Indemnity for Liability 
 The Company shall pay all expenses of administering the Plan and shall indemnify each member of the Committee, and each other person acting at the direction of the
Committee, against any and all claims, losses, damages, expenses, including reasonable attorney’s fees, incurred by such persons and any liability, including any amounts paid in settlement with the Committee’s approval, arising from such
person’s action or failure to act, except when the same is judicially determined to be attributable to the gross negligence or willful misconduct of such person. 
 5.5 Incompetence 
 Every person receiving or claiming benefits under the Plan shall be conclusively presumed to be
mentally competent until the date on which the Committee receives a written notice, in a form and manner acceptable to the Committee, that such person is incompetent, and that a guardian, conservator, or other person legally vested with the care of
such person’s person or estate has been appointed; provided, however, that if the Committee shall find that any person to whom a benefit is payable under the Plan is unable to care for such person’s affairs because of incompetency, any
payment due (unless a prior claim therefor shall have been made by a duly appointed legal representative) may be paid as provided in WEPP. Any such payment so made shall be a complete discharge of liability therefor under the Plan. 
  

 14 

 5.6 Nonalienation 
 No
benefit payable at any time under the Plan shall be subject in any manner to alienation, sale, transfer, assignment, pledge, attachment, garnishment, or encumbrance of any kind, and shall not be subject to or reached by any legal or equitable
process (including execution, garnishment, attachment, pledge, or bankruptcy) in satisfaction of any debt, liability, or obligation, prior to receipt. Any attempt to alienate, sell, transfer, assign, pledge, or otherwise encumber any such benefit,
whether presently or thereafter payable, shall be void. 
 5.7 Employer-Employee Relationship 
 The establishment of this Plan shall not be construed as conferring any legal or other rights upon any Employee or any person for a continuation of employment, nor shall
it interfere with the rights of the Employer to discharge any Employee or otherwise act with relation to the Employee. The Employer may take any action (including discharge) with respect to any Employee or other person and may treat such person
without regard to the effect which such action or treatment might have upon such person as a Participant of this Plan. 
 5.8 Effect on Other Benefit
Plans 
 Amounts credited or paid under this Plan shall not be considered to be compensation for the purposes of WEPP or any other plans maintained by the
Employer. The treatment of such amounts under other employee benefit plans shall be determined pursuant to the provisions of such plans. 
 5.9 Tax
Liabilities 
  

	(a)	Tax Withholding. The Company may deduct from any payment of benefits hereunder any taxes required to be withheld and such sum as the Employer may reasonably estimate to be
necessary to cover any taxes for which the Employer may be liable and which may be assessed with regard to such payment. 

  

	(b)	Acceleration of Payment. The time and schedule of payments that would otherwise occur pursuant to Article 4, may be accelerated as follows: 

  

	 	(1)	A payment may be made to pay the Federal Insurance Contribution Act (FICA) tax imposed by Code Sections 3101, 3121(a), and 3121(v)(2) on amounts deferred under the Plan (the FICA
amount). 

  

	 	(2)	 A payment may be made to pay state, local, or foreign tax obligations arising from participation in the Plan that apply to amounts deferred under the Plan before
the amounts are paid or made available to the Participant (the state, local, or foreign tax amount). Such payment may not exceed the amount of such taxes due as a result of participation in the Plan. 

  

 15 

	 	 
Such payment may be made by distributions to the Participant in the form of withholding pursuant to provisions of the applicable state, local, or foreign law
or by distribution directly to the Participant. 

  

	 	(3)	A payment may be made to pay the Federal income tax at the source on wages imposed under Code Section 3401, or the corresponding withholding provisions of applicable state,
local, or foreign tax laws, as a result of payment of the FICA amount and/or the state, local, or foreign tax amount, and to pay the additional income tax at source on wages attributable to the pyramiding under Code Section 3401 wages and
taxes. 

 However, the total payment to or on behalf of the Participant pursuant to this acceleration provision may not exceed
the aggregate of the FICA, state, local, and/or foreign tax amount, and the Federal income tax withholding related to such FICA, state, local and/or foreign tax amounts. 
  

 16 

 Article 6. Change in Control, Amendment, and Termination 
 6.1 Change in Control 
 In the event of a “Change in
Control” where the Company is not the surviving corporation, it is intended that the Plan shall be continued and that any such continuing, resulting, or transferee entity shall assume all liabilities of the Company hereunder. 
 6.2 Amendment 
 The Committee, consistent with relevant action of the
Board of Directors, may amend or modify the Plan, at any time and from time to time and in any respect, provided, however, that no such action of the Committee, without approval of the Participant, may adversely affect in any way any amounts already
accrued by the Participant pursuant to the Plan prior to such amendment. 
 6.3 Termination 
 The Company reserves the right to terminate the Plan in accordance with this Section. 
  

	(a)	Bankruptcy. The Company may terminate the Plan within twelve months of a corporate dissolution taxed under Code section 331, or with the approval of a bankruptcy court
pursuant to 11 U.S.C. section 503(b)(1)(A), provided that the amounts accrued under the Plan are included in the Participants’ gross incomes in the latest of: (i) the calendar year in which the Plan termination occurs; (ii) the
calendar year in which the amount is no longer subject to a substantial risk of forfeiture; or (iii) the first calendar year in which the payment is administratively practicable. 

  

	(b)	Change in Control. The Company may terminate the Plan within the thirty days preceding a Change in Control, or the Company, or a successor company that is primarily liable
for payment of amounts deferred under the Plan immediately after the Change in Control transaction, may terminate the Plan within the twelve months following a Change in Control. The Plan will be treated as terminated only if all substantially
similar arrangements sponsored by the Company (or the successor company, if applicable) and all affiliates are terminated, so that the Participants in the Plan and all participants that experienced the Change in Control event under substantially
similar arrangements are required to receive all amounts of compensation deferred under the terminated arrangements within twelve months of the date the Company (or the successor company) irrevocably takes all necessary action to terminate the
arrangements. 

  

	(c)	 Discretionary Termination. The Company may terminate the Plan at any time in its discretion, provided that: (i) the termination does not occur proximate
to a downturn in the financial health of the Company; (ii) all arrangements sponsored by the Company and its affiliates that would be aggregated with any terminated arrangement under Section 409A if the same individual 

  

 17 

	 	 
participated in all of the arrangements, are terminated; (iii) no payments other than payments that would be payable under the terms of the arrangements
if the termination had not occurred are made within twelve months of the termination of the arrangements; (iv) all payments are made within twenty-four months of the termination of the arrangements; and (v) the Company and its affiliates
do not adopt a new arrangement that would be aggregated with any terminated arrangement under Section 409A if the same individual participated in both arrangements, at any time within three years following the date of termination of the Plan.

  

	(d)	Other. The Company may terminate the Plan upon such other events and in such other conditions as the Commissioner of Internal Revenue may prescribe in generally applicable
published guidance. 

 ********** 
 IN WITNESS WHEREOF, WHIRLPOOL CORPORATION has caused this Plan to be executed below by its duly authorized representatives this 19th day of December, 2008. 
  

			
	WHIRLPOOL CORPORATION
		
	By:	 	 /s/    David A. Binkley

		 	David A. Binkley,
		 	Senior Vice President
		 	Global Human Resources

 ATTEST: 
  

			
	By:	 	 /s/    Robert J. LaForest

		 	Robert J. LaForest,
		 	 Associate General Counsel
 and Assistant Secretary

  

 18Whirlpool Supplemental Executive Retirement Plan

 Exhibit 10(iii)(ee) 
 Whirlpool Supplemental Executive Retirement Plan 
 (As Amended and Restated Effective as of January 1, 2009) 

 Contents 
  

					
	 ARTICLE 1. ESTABLISHMENT OF THE PLAN
	  	1
			
	 1.1
	    	Establishment and History of the Plan	  	1
			
	 1.2
	    	Purpose	  	1
			
	 1.3
	    	Application of the Plan	  	1
		
	ARTICLE 2. DEFINITIONS AND CONSTRUCTION	  	2
			
	 2.1
	    	Definitions	  	2
			
	 2.2
	    	Gender and Number	  	3
			
	 2.3
	    	Severability	  	4
			
	 2.4
	    	Applicable Law	  	4
			
	 2.5
	    	Section 409A Compliance	  	4
		
	ARTICLE 3. PARTICIPATION	  	5
			
	 3.1
	    	Eligibility	  	5
			
	 3.2
	    	Participation	  	5
			
	 3.3
	    	Transferred Participants	  	5
		
	ARTICLE 4. BENEFITS	  	6
			
	 4.1
	    	Eligibility for Benefits	  	6
			
	 4.2
	    	Amount of Retirement Benefit	  	6
			
	 4.3
	    	Time and Form of Payment of Retirement Benefit	  	7
			
	 4.4
	    	Cash-Out of Small Retirement Benefits	  	9
			
	 4.5
	    	Distributions on Account of Disability	  	10
			
	 4.6
	    	Distributions on Account of Death Following Commencement of Installment Payments	  	10
			
	 4.7
	    	Distributions on Account of Death Before Payment or Commencement of Installment Payments	  	11
			
	 4.8
	    	Delay of Payment	  	11
			
	 4.9
	    	Forfeiture for Cause	  	12

  

 i 

					
	ARTICLE 5. ADMINISTRATION AND GENERAL PROVISIONS	  	13
			
	 5.1
	    	Administration	  	13
			
	 5.2
	    	Funding of the Plan	  	13
			
	 5.3
	    	Claims Procedure	  	13
			
	 5.4
	    	Payment of Expenses and Indemnity for Liability	  	14
			
	 5.5
	    	Incompetence	  	14
			
	 5.6
	    	Nonalienation	  	14
			
	 5.7
	    	Employer-Employee Relationship	  	14
			
	 5.8
	    	Effect on Other Benefit Plans	  	15
			
	 5.9
	    	Tax Liabilities	  	15
		
	ARTICLE 6. CHANGE IN CONTROL, AMENDMENT, AND TERMINATION	  	16
			
	 6.1
	    	Change in Control	  	16
			
	 6.2
	    	Amendment	  	16
			
	 6.3
	    	Termination	  	16

  

 ii 

 Article 1. Establishment of the Plan 
 1.1 Establishment and History of the Plan 
 Whirlpool Corporation previously established a supplemental retirement
plan for certain of its eligible Employees known as the “Whirlpool Supplemental Executive Retirement Plan” (the “Plan”), which Plan was originally effective as of August 18, 1981. The Plan was last amended and restated
effective as of December 31, 1993. Effective as of the close of business August 31, 2002, the Whirlpool Financial Corporation Supplemental Executive Retirement Plan was merged into the Plan. The Plan is hereby amended and restated
effective as of January 1, 2009 to make changes to the Plan as required or permitted by Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and applicable guidance issued thereunder. 
 1.2 Purpose 
 The purpose of the Plan is to provide a Participant with
a retirement income based on the Participant’s Average Incentive Award, which award is not taken into consideration as compensation under the Whirlpool Employees Pension Plan (“WEPP”). The Plan is intended to provide unfunded,
deferred compensation benefits to a select group of management or highly compensated employees within the meaning of sections 201(2), 301(a)(3) and 401(a)(1) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).

 1.3 Application of the Plan 
 Except as provided in the
following sentence, the terms of this Plan, as amended and restated herein, apply to each Participant who has not received or commenced to receive payment of his or her accrued retirement benefit before January 1, 2009. In the case of certain
Participants who received or commenced to receive payment of his or her benefit under WEPP prior to January 1, 2009 such a Participant’s retirement benefit under this Plan shall commence to be paid on the specified date in 2009 determined
in accordance with the rules established with respect to the Plan prior to December 31, 2008 and shall be paid in the form determined in accordance with those rules. 
 The rights of each Participant who received or commenced to receive payment of his or her accrued retirement benefit after December 31, 2004 but before January 1, 2009 will be governed by the terms of the
Plan in effect as of the Participant’s termination of employment subject to changes required by Section 409A, and subject to the Company’s good-faith interpretation of the requirements of Section 409A and transitional guidance
published by the IRS. 
 The rights of each Participant who received or commenced to receive payment of his or her accrued retirement benefit before
January 1, 2005 will be governed by the terms of the Plan in effect as of the Participant’s termination of employment. 
  

 1 

 Article 2. Definitions and Construction 
 2.1 Definitions 
 Whenever used in the Plan, the following terms shall have the meaning set forth below unless the
context clearly indicates otherwise. 
  

	(a)	“Affiliate” means an Affiliate as defined in WEPP. 

  

	(b)	“Board of Directors” means the Board of Directors of the Company. 

  

	(c)	“Change in Control” means an event that would constitute a change in ownership or effective control of the Company, or a change in the ownership of a substantial
portion of the assets of the Company, within the meaning of Section 409A. 

  

	(d)	“Code” means the Internal Revenue Code of 1986, as now in effect or hereafter amended. 

  

	(e)	“Committee” or “Human Resources Committee” means the Human Resources Committee appointed by the Board of Directors of the Company.

  

	(f)	“Company” means Whirlpool Corporation, and any organization that is a successor thereto. 

  

	(g)	“Continuous Service” means Continuous Service as defined in WEPP. 

  

	(h)	“Credited Service” means Credited Service as defined in WEPP. 

  

	(i)	“Disability” or “Disabled” means the Participant is, by reason of any medically determinable physical or mental impairment that can be expected to
result in death or can be expected to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under an accident and health plan covering
employees of the Company. The Participant will be deemed to be Disabled if he or she is determined to be totally disabled by the Social Security Administration or if he or she is determined to be disabled in accordance with the Company’s (or
Subsidiary’s, if applicable) disability insurance program, provided that the definition of disability applied under such disability insurance program complies with the foregoing definition of Disability. 

  

	(j)	“Employee” means any employee of the Company. 

  

	(k)	“Employer” means the Company and any Subsidiary or Affiliate of the Company any of whose Employees are covered by the Plan. 

  

	(l)	“Incentive Award” means – 

  

	 	(1)	for years prior to 1989, the total of awards made for any year under the Key Executive Incentive Plan of the Company and from the Discretionary Bonus Fund under the Whirlpool
Corporation Bonus Plan; and 

  

 2 

	 	(2)	for 1989 and subsequent years, a Participant’s “Final Incentive Award” for a particular year in which he is a Participant in this Plan, as determined under the
Whirlpool Corporation Performance Excellence Plan, but such award shall be recognized in such year only to the extent that the Human Resources Committee affirmatively specifies that a Participant’s award will be recognized for purposes of
accruing benefits under the Plan; 

 which bonus is not included in the calculation of benefits under WEPP (no other bonus of
any kind shall be recognized or included as an Incentive Award); determined in each case without regard to the year or years in which any such award is actually paid to the Participant and irrespective of whether the award is paid in cash or is
deferred for future payment under the Whirlpool 401(k) Retirement Plan, the Whirlpool Corporation Executive Deferred Savings Plan, the Whirlpool Corporation Executive Deferred Savings Plan II or their related or predecessor plans. 
  

	(m)	“Participant” means an Employee who has satisfied the conditions of sections 3.1 and 3.2. 

  

	(n)	“Plan” means the Whirlpool Supplemental Executive Retirement Plan as provided herein and as subsequently amended from time to time. 

  

	(o)	“Qualifying Survivor” means, for purposes of calculating death benefits under Section 4.6 or Section 4.7 of the Plan, the spouse to whom the Participant
is married at the time of death, or, if none, the class of persons consisting of the Participant’s unmarried surviving children who have not attained their twenty-first birthday. “Children” means a Participant’s own natural
children, lawfully adopted children, stepchildren, foster children, or other children who are dependent upon the Participant as the principal source of support. 

  

	(p)	“Section 409A” means Code Section 409A, the final regulations issued under Code Section 409A, and all other Internal Revenue Service guidance that may be
issued thereunder. 

  

	(q)	“Subsidiary” means a subsidiary of the Company as defined in WEPP. 

  

	(r)	“Separation from Service” has the meaning given to such term by Section 409A. 

  

	(s)	“WEPP” means the Whirlpool Employees Pension Plan as modified by the Part II Supplement for the Salaried Employees Participating Group. 

  

	(t)	“Years of Participation” means the number of complete calendar years in which an Employee is a Participant in the Plan; provided, however, that the first calendar
year in which an Employee becomes a Participant in the Plan shall be treated as a complete calendar year. 

 2.2 Gender and Number

 Except when otherwise indicated by the context, any masculine terminology when used in the Plan shall also include the feminine gender, and the
definition of any term herein in the singular shall also include the plural. 
  

 3 

 2.3 Severability 
 In
the event any provision of the Plan shall be held invalid or illegal for any reason, any illegality or invalidity shall not affect the remaining parts of the Plan, but the Plan shall be construed and enforced as if the illegal or invalid provision
had never been inserted, and the Company shall have the privilege and opportunity to correct and remedy such questions of illegality or invalidity by amendment as provided in the Plan. 
 2.4 Applicable Law 
 The Plan shall be governed, construed, and administered in accordance with the laws of the State
of Michigan. 
 2.5 Section 409A Compliance 
 It is
intended that any payment to a Participant that accrues and becomes payable pursuant to this Plan will not be subject to interest and additional tax under Section 409A. The provisions of the Plan will be interpreted and construed in favor of
the Plan meeting any applicable requirements of Section 409A. To the extent that any provision of the Plan would cause a conflict with the requirements of Section 409A, or would cause the administration of the Plan to fail to satisfy
Section 409A, such provision shall be deemed null and void to the extent permitted by applicable law. The Company, in its absolute discretion, may amend (including retroactively) this Plan to conform to Section 409A, including amendments
to facilitate the ability of a Participant to avoid the imposition of interest and additional tax under Section 409A. However, nothing herein shall be construed as a guaranty by the Company of any particular tax effect on any payment accrued
under the terms of the Plan. In any event, the Company will have no responsibility for the payment of any applicable taxes on income deferred by the Participant pursuant to the provisions of this Plan. 
  

 4 

 Article 3. Participation 
 3.1 Eligibility 
 An Employee who was a Participant in the Plan on December 31, 2008, shall continue to be a Participant on and after
January 1, 2009. An Employee who was not a Participant in the Plan on December 31, 2008 shall become eligible to participate in the Plan if such person is hired in, or is promoted to, a position of employment with the Employer that is in
Bands 00, 01, 02, 03 or 04a, or its current equivalent under the Company’s position grading system. 
 3.2 Participation 
 An Employee who is eligible to participate in the Plan as described in section 3.1 shall become a Participant in the Plan as of the first day of the calendar year in
which such person meets the eligibility conditions in section 3.1. Upon termination of a Participant’s employment, or if earlier, upon the Committee’s determination that such Participant is no longer employed in a class of employment that
is eligible to participate (due to demotion of such Participant to an ineligible class of employment or otherwise), such Participant shall be considered an Inactive Participant. Any amounts previously accrued for the benefit of such Inactive
Participant pursuant to the terms of the Plan shall be paid to such Inactive Participant (or to such Inactive Participant’s Qualifying Survivor(s)) in accordance with Article 4. 
 3.3 Transferred Participants 
 In the event that a Participant is transferred from employment with the Employer to
employment with a Subsidiary or an Affiliate that is not an Employer under this Plan, such person shall not incur a Separation from Service and shall continue to earn Years of Participation and eligibility for a retirement benefit under the Plan.
Such person’s accrued retirement benefit shall be retained under the Plan for distribution in accordance with Article 4. The Participant will no longer earn Credited Service following such transfer, but for purposes of determining his
Average Incentive Award, any annual incentive award payable after the transfer under an incentive plan of a Subsidiary or an Affiliate of the Company shall be treated as an Incentive Award hereunder. 
 In the event any individual who is an employee of Maytag Corporation or on the payroll of Maytag Corporation becomes an employee of the Company or is added to the
Company’s payroll, and meets the eligibility requirements of this Plan, or the Plan is amended to provide for such employee’s coverage, the Plan shall be construed in such manner as is necessary in the Committee’s sole discretion, to
prevent the duplication of benefits between the Plan and any Maytag Corporation employee benefit program. 
  

 5 

 Article 4. Benefits 
 4.1 Eligibility for Benefits 
 A Participant who – 
  

	(a)	has received an Incentive Award for the last full year of employment or for any one or more of the nine calendar years immediately preceding such last full year of employment, and

  

	(b)	whose employment terminates for any reason after completing five (5) years of Continuous Service in one or more position levels that are eligible to participate in the Plan, or
whose employment in an eligible position level terminates because of the Participant’s long-term disability (as defined in the Company’s long-term disability plan for salaried employees), 

 shall be eligible to receive a retirement benefit under the Plan, in accordance with and subject to the terms of the Plan. 
 4.2 Amount of Retirement Benefit 
 A Participant eligible for a
retirement benefit under section 4.1 who has a Separation from Service for any reason other than death shall be entitled to receive a retirement benefit under the Plan that is the lump sum actuarial equivalent value of a single life annuity payable
for the life of the Participant, and calculated as follows: 
  

	(a)	The single life annuity used for calculating a Participant’s lump sum retirement benefit under the Plan shall be equal to a single life annuity commencing on the first day of
the month following the Participant’s sixty-fifth (65th) birthday in an amount determined by multiplying the Participant’s Average Incentive Award by the Participant’s Service Percentage. 

 The “Service Percentage” shall be two percent (2%) times the Participant’s Credited Service up to a maximum of sixty percent
(60%). 
 The “Average Incentive Award” shall be an amount equal to – 
  

	 	(1)	the sum of the five highest Incentive Awards made to the Participant for the last full year of employment and the nine years of employment immediately preceding such last full year
of employment, whether or not for consecutive years, divided by five; and 

  

	 	(2)	provided, if the Participant has had fewer than five Incentive Awards in such period, the Average Incentive Award shall be the sum of all such Incentive Awards divided by five.

 Notwithstanding anything in this section 4.2 to the contrary, the monthly payment amount used for calculating the single life
annuity which is used for calculation of a Participant’s retirement benefit, as calculated in accordance with the preceding provisions of this Section 4.2, shall be reduced for the Participants, and by the corresponding amounts, set forth
in Appendix A. 
  

 6 

	(b)	If the Participant has attained age fifty-five (55) (but not age sixty-five (65)) as of the date of the Participant’s Separation from Service, the single life annuity
shall be presumed to commence on the first day of the month following the Participant’s Separation from Service and the annual amount of the single life annuity determined under (a) above shall be reduced by one-fourth of one percent for
each full calendar month, up to a maximum of sixty (60) months, by which the date of the Participant’s Separation from Service precedes the first day of the month coincident or next following the Participant’s sixty-fifth
(65th) birthday, plus one-half of one percent for each full calendar month, up to a maximum of sixty (60) months, by which the date of the Participant’s Separation from Service precedes the first day of the month coincident with or
next following the Participant’s sixtieth (60th) birthday. 

  

	(c)	If the Participant has not yet attained age fifty-five (55) as of the date of the Participant’s Separation from Service, the Participant’s lump sum retirement benefit
shall be the actuarial equivalent benefit of the single life annuity (determined under Section 4.2(a) above) calculated as if the single life annuity had commenced on the first day of the month following the Participant’s Separation from
Service. 

  

	(d)	Notwithstanding anything contained in this Section 4.2 to the contrary, lump sum actuarial equivalence shall be determined as of December 31, 2008 for each Participant
whose employment terminated before January 1, 2009 who had not received or commenced to receive payment of his or her accrued retirement benefit as of December 31, 2008. 

  

	(e)	Lump sum actuarial equivalence for purposes of determining the amount of the retirement benefit (or a pre-commencement death benefit as described in Section 4.7) shall be
computed using the actuarial factors described in WEPP for purposes of determining lump sum payments. 

 4.3 Time and Form of Payment of
Retirement Benefit 
  

	(a)	Normal Time and Form of Payment. Subject to Section 4.3(b), Section 4.4, Section 4.5, Section 4.6 and Section 4.7, payment of the Participant’s
retirement benefit under section 4.2 shall made to the Participant as follows – 

  

	 	(1)	Except as provided in subsection 4.3(a)(2) below, in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in the seventh calendar
month following such Participant’s Separation from Service. 

  

	 	(2)	For each Participant who terminated employment with the Company before July 1, 2008 who had not received or commenced to receive payment of his or her retirement benefit prior
to January 1, 2009, in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in April 2009. 

  

 7 

	(b)	Optional Time and Form of Payment. 

  

	 	(1)	Participants Actively Employed between June 30, 2008 and January 1, 2009. An eligible Employee who is actively employed by the Company and is a Participant in the
Plan after June 30, 2008 and before January 1, 2009, may elect prior to January 1, 2009 in accordance with procedures adopted by the Committee to receive his or her retirement benefit either – 

  

	 	(A)	in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in the seventh calendar month following such Participant’s
Separation from Service, or 

  

	 	(B)	in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in April of the calendar year following the first anniversary of the
Participant’s Separation from Service, or 

  

	 	(C)	in ten (10) substantially equal annual cash installments (based on a declining balance method) with the first installment payable on the first regular Company payroll date for
salaried exempt employees in the seventh calendar month following the Participant’s Separation from Service and the second through the tenth installments payable in each successive tax year of the Participant on the first regular Company
payroll date for salaried exempt employees after the anniversary of the first installment payment. 

  

	 	(2)	Terminated Deferred Vested Participants as of December 31, 2008. A Participant who terminated employment with the Company before July 1, 2008 who had not received
or commenced to receive payment of his or her retirement benefit prior to January 1, 2009, may elect prior to January 1, 2009 in accordance with procedures adopted by the Committee to receive his or her retirement benefit either –

  

	 	(A)	in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in April 2009, or 

  

	 	(B)	in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in April 2010, or 

  

	 	(C)	in ten (10) substantially equal annual cash installments (based on a declining balance method) with the first installment payable on the first regular Company payroll date for
salaried exempt employees in April 2009 and the second through the tenth installments payable on the first regular Company payroll date for salaried exempt employees in April of each successive tax year of the Participant. 

 

	 	(3)	Newly Hired Eligible Employees. An Employee who is first hired on or after January 1, 2009 into a position that is immediately eligible to participate in the Plan as of
the Employee’s date of hire may elect within 30 days of the Employee’s date of hire in accordance with procedures adopted by the Committee to receive his or her retirement benefit either – 

  

	 	(A)	in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in the seventh calendar month following such Participant’s
Separation from Service, or 

  

 8 

	 	(B)	in a lump sum cash payment on the first regular Company payroll date for salaried exempt employees to occur in April of the calendar year following the first anniversary of the
Participant’s Separation from Service, or 

  

	 	(C)	in ten (10) substantially equal annual cash installments (based on a declining balance method) with the first installment payable on the first regular Company payroll date for
salaried exempt employees in the seventh calendar month following the Participant’s Separation from Service and the second through the tenth installments payable in each successive tax year of the Participant on the first regular Company
payroll date for salaried exempt employees after the anniversary of the first installment payment. 

  

	 	(4)	Employees Promoted into an Eligible Class of Employment. The retirement benefit of a Participant who is first promoted on or after January 1, 2009 into a position that
is eligible to participate in the Plan shall be paid in accordance with subsection 4.3(a)(1) above (unless such Participant makes a subsequent deferral election in accordance with subsection 4.3(b)(5) below). 

  

	 	(5)	Subsequent Election Affecting the Time and Form of Payment. A Participant may make a subsequent election to defer the time of payment of the Participant’s retirement
benefit, provided that 

  

	 	(A)	the election shall not become effective until at least twelve (12) months after the date on which the election is made; 

  

	 	(B)	the election is made at least twelve (12) months before the date that the retirement benefit would otherwise have been paid (or in the case of installment payments, at least
twelve months before the date the first installment would otherwise have been paid); and 

  

	 	(C)	payment of the retirement benefit shall be made in a lump sum on the date that is five (5) years from the date such payment would otherwise have occurred (or in the case of a
participant who had previously elected installment payments, five years from the date the first installment would otherwise have been paid). 

  

	(c)	Interest Additions. Interest shall be credited annually on a Participant’s retirement benefit calculated in accordance with Section 4.2 at the WEPP Rate for each
full month from the date of the Participant’s Separation from Service to the date of payment. For this purpose, the “WEPP Rate” means the interest rate then used to calculate interest credits on cash balance accounts as described in
Section 3 of the Part III Supplement to WEPP for Cash Balance Accounts and Retiree Health Care Accounts. 

 4.4 Cash-Out of Small
Retirement Benefits 
 The Company shall disregard a Participant’s election regarding the time and form of payment or a Participant’s subsequent
election to defer payment (as each is described in Section 4.3(b)) if the retirement benefit of the Participant under this Plan and all other nonqualified deferred compensation plans maintained by the Company which are aggregated with this Plan
pursuant to Treasury Regulation Section 1.409A-1(c)(2) upon such Participant’s Separation from Service does not exceed $100,000. In such case, the Participant’s retirement benefit will be paid in a lump sum cash payment on the first
regular Company payroll date for salaried exempt employees to occur in the seventh calendar month following such Participant’s Separation from Service. 
  

 9 

 4.5 Distributions on Account of Disability 
 Notwithstanding Section 4.3 and Section 4.4, in the event a Participant becomes Disabled before the Participant’s entire retirement benefit under the Plan is paid, the Participant’s retirement
benefit (including any amounts remaining in the Plan on behalf of a Participant who had commenced to receive installment payments pursuant to Section 4.3(b)) will be paid in a lump sum cash payment on the first Company payroll date for salaried
exempt employees in the month following the Participant’s Disability. 
 4.6 Distributions on Account of Death Following Commencement of Installment
Payments 
 If a Participant dies after beginning to receive installment payments pursuant to Section 4.3(b), but before the Participant’s
entire retirement benefit under the Plan is paid, the remaining installments that would have been paid to the Participant had the Participant survived will be paid in a lump sum cash payment on the first Company payroll date for salaried exempt
employees in the month following the Participant’s death. 
 In the absence of a separate beneficiary designation by the Participant with respect to
benefits payable upon the death of the Participant under this Section 4.6, a Participant’s beneficiary shall be the beneficiary designated by the Participant to receive a benefit under WEPP in the event of the Participant’s death. A
Participant may designate a separate primary beneficiary or beneficiaries who, upon his death, are to receive the distributions that otherwise would have been paid to him under this Plan. In addition, the Participant may designate a contingent
beneficiary or beneficiaries who shall receive distributions should the primary beneficiary or beneficiaries predecease the Participant. All designations shall be in writing and shall be effective only if and when delivered to the Committee during
the lifetime of the Participant. 
 The designation of a spouse as a beneficiary shall automatically be revoked upon divorce or legal separation. 

In the absence of a beneficiary designation or in the event that all of the named beneficiaries predecease the Participant, or if there is doubt as to the right of
any beneficiary, the Company shall make payments to the surviving member(s) of the following classes of beneficiaries, in equal shares, with preference for classes in the order listed below: 
  

	(a)	the Participant’s spouse (unless legally separated by court decree), 

  

	(b)	the Participant’s children (including children by adoption), 

  

	(c)	the Participant’s parents (including parents by adoption), and 

  

	(d)	the Participant’s executor or administrator. 

 Benefits will be paid
exclusively to the member(s) of the first class in the order listed above, which has surviving member(s). If that class has more than one member, payment will be made in equal shares among members of that class. 
  

 10 

 4.7 Distributions on Account of Death Before Payment or Commencement of Installment Payments 
 A death benefit shall be payable in the event of the death of a Participant in one of the following classes: 
  

	(a)	A Participant who meets the eligibility requirements described in Section 4.1 for a retirement benefit but who has not yet received or commenced to receive benefit payments;
and 

  

	(b)	A married active Participant who has completed at least five years of Continuous Service but is not eligible for Plan benefits under section 4.1 of the Plan.

 The death benefit payable on behalf of a deceased Participant described in (a) above shall be a lump sum cash payment computed in
accordance with section 4.2, as though the Participant had retired the day before death, and applying (1) the automatic preretirement one-half to surviving spouse option under section 5.8 of WEPP for any married Participant or (2) the lump
sum survivor option provided under section 5.9 of WEPP for a Participant who is not married on the date of his or her death. Such lump sum benefit shall be payable on the first regular Company payroll date for salaried exempt employees in the month
following the month in which the Participant’s death occurs, except that only the Participant’s Qualifying Survivor may be the beneficiary under such options. 
 A death benefit shall be payable on behalf of a deceased Participant described in (b) above if such individual is survived by a spouse. Such benefit shall be a lump sum cash payment computed (1) based on the
accrued retirement benefit computed in accordance with section 4.2 hereof, (2) using the early commencement reductions applicable to a deferred retirement benefit under section 5.4 of WEPP, (3) consistent with the death benefit formula in
section 5.8(b)(2)(B) of WEPP, and (4) shall be payable on the first regular Company payroll date for salaried exempt employees in the month following the month in which the Participant’s death occurs. 
 4.8 Delay of Payment 
 Notwithstanding any other provision in the
Plan, payment of a Participant’s retirement benefit under the Plan will be delayed as follows: 
  

	(a)	If any Participant is a Specified Employee (as defined in Section 409A), upon a Separation from Service for any reason other than death, commencement of payment to such
Participant shall not be made before the date that is six (6) months after the date of his or her Separation from Service (or, if earlier, the date of death of the Participant). Payments to which a Specified Employee would otherwise be entitled
during this period shall be accumulated and paid, together with interest, on the first Company payroll date for salaried exempt employees in the seventh calendar month following the date of his or her Separation from Service.

  

	(b)	If the Company reasonably anticipates that any portion of any Participant’s retirement benefit could be limited or nondeductible under Code Section 162(m) (or cause other
amounts payable by the Company to be nondeductible under Code Section 162(m)), then the payment of such portion of the retirement benefit to such Participant shall be delayed until the earliest date on which the Company reasonably anticipates
that the deduction will not be limited or eliminated by application of Code Section 162(m). 

  

 11 

	(c)	Payment of a Participant’s retirement benefit under the Plan may be delayed as permitted under Section 409A, as if stated in the Plan, for example, if the making of a
payment would jeopardize the ability of the Company to continue as a going concern, or the Company reasonably anticipates that the making of the payment will violate Federal securities or other applicable laws. 

 If the payment of any Participant’s retirement benefit is delayed for any reason beyond the Participant’s date of Separation from Service, the portion so
delayed will be credited with interest from the date of the Participant’s Separation from Service until paid. 
 4.9 Forfeiture for Cause

 Notwithstanding the foregoing provisions in this Article 4, any retirement benefit or death benefit otherwise payable under this Article shall be
forfeited, and a Participant, and the Participant’s Qualifying Survivor or designated beneficiary, shall have no right to such benefit if the Committee or the Company determines that the Participant – 
  

	(a)	has engaged in competition with the Company or an affiliate of the Company or has gone to work for a competitor, or 

  

	(b)	has revealed trade secrets, or has otherwise engaged in a willful, deliberate, or gross act of commission or omission which is injurious to the finances or reputation of the Company
or its affiliate. 

 Provided, however, that following a Change in Control as described in section 6.1 of the Plan, a Participant’s
benefit shall not be forfeited if the Participant engages in the activities described in (a) above. 
  

 12 

 Article 5. Administration and General Provisions 
 5.1 Administration 
 The Human Resources Committee (the “Committee”) shall be charged with the
administration and interpretation of the Plan but may delegate the ministerial duties hereunder to such persons as it determines. The Committee may adopt such rules as may be necessary or appropriate for the proper administration of the Plan. To the
extent that such rules are not adopted, applicable rules relating to the administration of WEPP modified to the extent necessary to comply with Section 409A shall govern. The Committee shall have the exclusive right, in its discretion, to make
any finding of fact necessary or appropriate for any purpose under the Plan, including but not limited to the determination of eligibility to participate in the Plan and the eligibility for and the amount of any benefit payable under the Plan. The
Committee shall have the exclusive right, in its discretion, to interpret the terms and provisions of the Plan and to determine any and all questions arising under the Plan or in connection with the administration thereof, including, without
limitation, the right to remedy or resolve possible ambiguities, inconsistencies, or omissions, by general rule or particular decision. All findings of fact, determinations, interpretations, and decisions of the Committee shall be conclusive and
binding upon all persons having or claiming to have any interest or right under the Plan and shall be given the maximum possible deference allowed by law. Benefits under the Plan shall be paid only if the Committee in its sole discretion determines
that a Participant is entitled to the benefits. 
 5.2 Funding of the Plan 
 Benefits under the Plan shall be paid out of the general assets of the Employer. Benefits payable under the Plan shall be reflected on the accounting records of the Employer but shall not be construed to create or
require the creation of a trust, custodial, or escrow account. No Employee or Participant shall have any right, title, or interest whatever in or to any investment reserves, accounts, or funds that the Employer may purchase, establish, or accumulate
to aid in providing benefits under the Plan. Nothing contained in the Plan, and no action taken pursuant to its provisions, shall create a trust or fiduciary relationship of any kind between the Employer and an Employee or any other person. Neither
a Participant nor survivor or beneficiary of an Employee shall acquire any interest greater than that of an unsecured creditor. 
 5.3 Claims Procedure

 Benefits shall be paid in accordance with the provisions of this Plan. 
  

	(a)	The Participant, or a designated beneficiary or any other person claiming through the Participant, shall make a written request for benefits under this Plan. This written claim
shall be mailed or delivered to the Committee. Such claim shall be reviewed by the Committee or a delegate. 

  

	(b)	If the claim is denied, in full or in part, the Committee shall provide a written notice within (90) days setting forth the specific reasons for denial, and any additional
material or information necessary to perfect the claim, and an explanation of why such material or information is necessary, and appropriate information and explanation regarding the steps to be taken if a review of the denial is desired. However,
if special circumstances require an extension of the period of time for considering a claim, the 90-day period can be extended for an additional 90 days by giving the claimant written notice of the extension, the reason why the extension is
necessary, and the date a decision is expected. 

  

 13 

	(c)	If the claim is denied and a review is desired, the Participant (or beneficiary) shall notify the Committee in writing within sixty (60) days after receipt of the written
notice of denial. In requesting a review, the Participant or beneficiary may request a review of pertinent documents with regard to the benefits created under this Plan, may submit any written issues and comments, may request an extension of time
for such written submission of issues and comments, and may request that a hearing be held, but the decision to hold a hearing shall be within the sole discretion of the Committee. 

  

	(d)	The decision on the review of the denied claim shall be rendered by the Committee within sixty (60) days after the receipt of the request for review (if no hearing is held) or
within sixty (60) days after the hearing if one is held. However, if special circumstances require an extension of the period of time for considering an appeal, the 60-day period can be extended for an additional 60 days by giving the claimant
written notice of the extension, the reason why the extension is necessary, and the date a decision is expected. The decision shall be written and shall state the specific reasons for the decision including references to the specific provisions of
this Plan on which the decision is based. 

 5.4 Payment of Expenses and Indemnity for Liability 
 The Company shall pay all expenses of administering the Plan and shall indemnify each member of the Human Resources Committee, and each other person acting at the
direction of the Committee, against any and all claims, losses, damages, expenses, including counsel fees, incurred by such persons and any liability, including any amounts paid in settlement with the Committee’s approval, arising from such
person’s action or failure to act, except when the same is judicially determined to be attributable to the gross negligence or willful misconduct of such person. 
 5.5 Incompetence 
 Every person receiving or claiming benefits under the Plan shall be conclusively presumed to be
mentally competent until the date on which the Committee receives a written notice, in a form and manner acceptable to the Committee, that such person is incompetent, and that a guardian, conservator, or other person legally vested with the care of
such person’s person or estate has been appointed; provided, however, that if the Committee shall find that any person to whom a benefit is payable under the Plan is unable to care for such person’s affairs because of incompetency, any
payment due (unless a prior claim therefor shall have been made by a duly appointed legal representative) may be paid as provided in WEPP. Any such payment so made shall be a complete discharge of liability therefor under the Plan. 
 5.6 Nonalienation 
 No benefit payable at any time under the Plan
shall be subject in any manner to alienation, sale, transfer, assignment, pledge, attachment, garnishment, or encumbrance of any kind, and shall not be subject to or reached by any legal or equitable process (including execution, garnishment,
attachment, pledge, or bankruptcy) in satisfaction of any debt, liability, or obligation, prior to receipt. Any attempt to alienate, sell, transfer, assign, pledge, or otherwise encumber any such benefit, whether presently or thereafter payable,
shall be void. 
 5.7 Employer-Employee Relationship 
 The
establishment of this Plan shall not be construed as conferring any legal or other rights upon any Employee or any person for a continuation of employment, nor shall it interfere with the rights of the Employer to discharge any Employee or otherwise
act with 

  

 14 

 
relation to the Employee. The Employer may take any action (including discharge) with respect to any Employee or other person and may treat such person
without regard to the effect which such action or treatment might have upon such person as a Participant of this Plan. 
 5.8 Effect on Other Benefit
Plans 
 Amounts credited or paid under this Plan shall not be considered to be compensation for the purposes of WEPP. The treatment of such amounts under
other employee benefit plans maintained by the Employer shall be determined pursuant to the provisions of such plans. 
 5.9 Tax Liabilities

  

	(a)	Tax Withholding. The Company may deduct from any payment of benefits hereunder any taxes required to be withheld and such sum as the Employer may reasonably estimate to be
necessary to cover any taxes for which the Employer may be liable and which may be assessed with regard to such payment. 

  

	(b)	Acceleration of Payment. The time and schedule of payments that would otherwise occur pursuant to Article 4, may be accelerated as follows: 

  

	 	(1)	A payment may be made to pay the Federal Insurance Contribution Act (FICA) tax imposed by Code Sections 3101, 3121(a), and 3121(v)(2) on amounts deferred under the Plan (the FICA
amount). 

  

	 	(2)	A payment may be made to pay state, local, or foreign tax obligations arising from participation in the Plan that apply to amounts deferred under the Plan before the amounts are
paid or made available to the Participant (the state, local, or foreign tax amount). Such payment may not exceed the amount of such taxes due as a result of participation in the Plan. Such payment may be made by distributions to the Participant in
the form of withholding pursuant to provisions of the applicable state, local, or foreign law or by distribution directly to the Participant. 

  

	 	(3)	A payment may be made to pay the Federal income tax at the source on wages imposed under Code Section 3401, or the corresponding withholding provisions of applicable state,
local, or foreign tax laws, as a result of payment of the FICA amount and/or the state, local, or foreign tax amount, and to pay the additional income tax at source on wages attributable to the pyramiding under Code Section 3401 wages and
taxes. 

 However, the total payment to or on behalf of the Participant pursuant to this acceleration provision may not exceed
the aggregate of the FICA, state, local, and/or foreign tax amount, and the Federal income tax withholding related to such FICA, state, local and/or foreign tax amounts. 
  

 15 

 Article 6. Change in Control, Amendment, and Termination 
 6.1 Change in Control 
 In the event of a “Change in
Control” where the Company is not the surviving corporation, it is intended that the Plan shall be continued and that any such continuing, resulting, or transferee entity shall assume all liabilities of the Company hereunder. 
 6.2 Amendment 
 The Committee, consistent with relevant action of the
Board of Directors, may amend or modify the Plan, at any time and from time to time and in any respect, provided, however, that no such action of the Committee, without approval of the Participant, may adversely affect in any way any amounts already
accrued by the Participant pursuant to the Plan prior to such amendment. 
 6.3 Termination 
 The Company reserves the right to terminate the Plan in accordance with this Section. 
  

	(a)	Bankruptcy. The Company may terminate the Plan within twelve months of a corporate dissolution taxed under Code section 331, or with the approval of a bankruptcy court
pursuant to 11 U.S.C. section 503(b)(1)(A), provided that the amounts accrued under the Plan are included in the Participants’ gross incomes in the latest of: (i) the calendar year in which the Plan termination occurs; (ii) the
calendar year in which the amount is no longer subject to a substantial risk of forfeiture; or (iii) the first calendar year in which the payment is administratively practicable. 

  

	(b)	Change in Control. The Company may terminate the Plan within the thirty days preceding a Change in Control, or the Company, or a successor company that is primarily liable
for payment of amounts deferred under the Plan immediately after the Change in Control transaction, may terminate the Plan within the twelve months following a Change in Control. The Plan will be treated as terminated only if all substantially
similar arrangements sponsored by the Company (or the successor company, if applicable) and all affiliates are terminated, so that the Participants in the Plan and all participants that experienced the Change in Control event under substantially
similar arrangements are required to receive all amounts of compensation deferred under the terminated arrangements within twelve months of the date the Company (or the successor company) irrevocably takes all necessary action to terminate the
arrangements. 

  

	(c)	Discretionary Termination. The Company may terminate the Plan at any time in its discretion, provided that: (i) the termination does not occur proximate to a downturn in
the financial health of the Company; (ii) all arrangements sponsored by the Company and its affiliates that would be aggregated with any terminated arrangement under Section 409A if the same individual participated in all of the
arrangements, are terminated; (iii) no payments other than payments that would be payable under the terms of the arrangements if the termination had not occurred are made within twelve months of the termination of the arrangements;
(iv) all payments are made within twenty-four months of the termination of the arrangements; and (v) the Company and its affiliates do not adopt a new arrangement that would be aggregated with any terminated arrangement under
Section 409A if the same individual participated in both arrangements, at any time within three years following the date of termination of the Plan. 

  

 16 

	(d)	Other. The Company may terminate the Plan upon such other events and in such other conditions as the Commissioner of Internal Revenue may prescribe in generally applicable
published guidance. 

 * * * * * * * * * * 
 IN WITNESS WHEREOF, WHIRLPOOL CORPORATION has caused this Plan to be executed below by its duly authorized representatives this 19th day of December, 2008. 
  

			
	WHIRLPOOL CORPORATION
		
	By:	 	 /s/    David A. Binkley

		 	David A. Binkley,
		 	Senior Vice President
		 	Global Human Resources

  

			
	ATTEST:
		
	By:	 	 /s/    Robert J. LaForest

		 	Robert J. LaForest,
		 	 Associate General Counsel
 and Assistant Secretary

  

 17

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