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Exhibit 10.14

JOHN DEERE DEFINED CONTRIBUTION RESTORATION PLAN
EFFECTIVE 1 JANUARY 1997
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AMENDED:  12 January 2000
EFFECTIVE:  1 January 2000
AMENDED:  28 November 2000
EFFECTIVE:  1 January 2001
AMENDED: 1 DECEMBER 2005
EFFECTIVE: 1 JANUARY 2005
AMENDED: 13 DECEMBER 2007
EFFECTIVE: 1 JANUARY 2008
AMENDED:  15 DECEMBER 2008
EFFECTIVE:  1 JANUARY 2009
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AMENDED: 4 MARCH 2013
EFFECTIVE: 1 JANUARY 2013
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AMENDED: 26 JUNE 2015
EFFECTIVE: 1 NOVEMBER 2015
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AMENDED: 31 OCTOBER 2016
EFFECTIVE: 1 NOVEMBER 2015
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AMENDED: 31 OCTOBER 2017
EFFECTIVE: 1 NOVEMBER 2016
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AMENDED: 31 OCTOBER 2018
EFFECTIVE: 1 NOVEMBER 2017
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AMENDED: 31 OCTOBER 2019
EFFECTIVE: 1 NOVEMBER 2018
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AMENDED:  31 OCTOBER 2020
EFFECTIVE:  1 NOVEMBER 2019
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TABLE OF CONTENTS
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Page
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Article I. Establishment, Purpose and Construction
1.1 Establishment‌1
1.2 Purpose‌1
1.3 Effective Date and Plan Year‌1
1.4 Application of Plan‌2
1.5 Construction‌2
Article II. PARTICIPATION
2.1 Eligibility to Participate‌3
2.2 Effect of Transfer‌3
2.3 Beneficiaries‌3
Article III. CONTRIBUTIONS
3.1 Salary Deferral Allocations‌4
3.2 Employer Matching Allocations‌5
3.3 Deferral Elections‌5
3.4 No Hardship Withdrawals‌6
3.5 FICA Tax‌7
Article IV. ACCOUNTS AND RATE OF RETURN
4.1 Participant Accounts‌8
4.2 Rate of Return‌8
4.3 Electing a Rate of Return‌8
4.4 Qualified Domestic Relations Orders‌9
Article V. VESTING
5.1 Vested Interest‌10
5.2 Forfeiture of Non-Vested Balances‌10
Article VI. DISTRIBUTIONS
6.1 Distributions for Separation from Service On and After 1 Jan 2006‌10
6.2 Distributions for Separation from Service from 1 Jan 2005-31 Dec 2005‌12
6.3 Distributions Prior to 1 Jan 2005‌13
6.4 Death‌13
6.5 Disability‌13
6.6 Six-Month Delay‌14

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6.7 Distribution of Net Gains Realized from Rate of Return Elections‌14
6.8 Employment Taxes due Upon Vesting‌14
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Article VII. ADMINISTRATION, AMENDMENT AND TERMINATION
7.1 Employment Rights‌15
7.2 Applicable Law‌15
7.3 Non-Alienation‌15
7.4 Withholding of Taxes‌15
7.5 Unsecured Interest, Funding and Rights Against Assets‌15
7.6 Effect on Other Benefit Plans‌15
7.7 Administration‌15
7.8 Amendment, Modification or Termination‌16
7.9 409A Amendments and Modifications‌16
7.10 Distribution Upon Plan Termination; Withdrawal from the Plan‌16
7.11 Withdrawal from Plan‌16
7.12 Definition of Subsidiary or Affiliate‌17
Article VIII. DEFINITIONS
8.1 Section References‌18
8.2 Terms Defined‌18
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Schedules
Schedule A‌18
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JOHN DEERE DEFINED CONTRIBUTION RESTORATION PLAN
Article I.  Establishment, Purpose and Construction
1.1  Establishment.  Effective 1 January 1997, Deere & Company established the John Deere Defined Contribution Restoration Plan (the “Plan”) for the benefit of the salaried employees on its United States payroll and the salaried employees of its United States subsidiaries or affiliates that have adopted the John Deere Savings and Investment Plan (the “SIP”).  Deere & Company and its United States subsidiaries and affiliates that have adopted the SIP (jointly the “Company”) are also deemed to have adopted this Plan.
Effective as of 1 January 2007 (unless otherwise provided herein), the Plan was amended pursuant to Section 409A of the Code.  Amendments to the Plan adopted in 2007 are intended to align Plan provisions with prior operational changes and avoid the imposition on any Participant of taxes and interest pursuant to Section 409A of the Code. Interpretation of any portion of the Plan, if necessary, shall be consistent with this intent.
1.2  Purpose.  The Company maintains a defined contribution plan, known as the John Deere Savings and Investment Plan (the “SIP”), which is intended to be a qualified defined contribution plan which meets the requirements of Section 401(a) and  401(k) of the Internal Revenue Code of 1986, as amended and the rulings and regulations thereunder (the “Code”).  Section 401(a)(17) of the Code limits the amount of compensation paid to a participant in a qualified defined contribution plan which may be taken into account in determining contributions under such a plan.  Section 402(g) of the Code limits the amount of compensation a participant may defer in a qualified defined contribution plan.  Section 415 of the Code limits the amount which may be contributed under a qualified defined contribution plan.  Prior to 2007, the Plan was intended to restore contributions which, when combined with the amount actually contributed under the SIP, are reasonably comparable to the contributions which participants in the SIP would have received under such plan if there were no limitations imposed by Sections 401(a)(17), 402(g) and 415 of the Code. Effective as of 1 January, 2007, this Plan was intended to provide contributions which were reasonably comparable to the contributions which participants could have received under the SIP if they participated in the SIP and if there were no limitations imposed by Sections 401(a)(17), 402(g) and 415 of the Code.    Effective as of 1 January 2013, this Plan is intended to provide contributions of an elected percentage of a Participant’s eligible Compensation in excess of the limitation imposed by Section 401(a)(17) of the Code.
The Plan is intended to qualify as an unfunded deferred compensation plan for 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, and the rulings and regulations thereunder (“ERISA”).  
1.3  Effective Date and Plan Year. The Plan was first effective 1 January 1997.  The Plan Year shall be the twelve-month period beginning on 1 November of each year and ending on 31 October of the following year with the exception of the first Plan Year which will start 1 January 1997 and end 31 October 1997.  

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1.4  Application of Plan. The terms of this Plan are applicable only to eligible employees of the Company as described in Section 2.1 below who become eligible to defer compensation hereunder on or after 1 January 1997.  
1.5  Construction.  Unless the context clearly indicates otherwise or unless specifically defined herein, all operative terms used in this Plan shall have the meanings specified in the SIP and the words in the masculine gender shall be deemed to include the feminine and neuter genders and the singular shall be deemed to include the plural and vice versa.  References to Sections are references to sections in the Plan, unless otherwise provided.

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Article II.  PARTICIPATION
2.1  Eligibility to Participate.  
	(a)	Effective as of 1 January 2006, any Employee not participating in the Traditional Option under the SIP who is an active Employee on 31 October of a calendar year shall be eligible to participate in the Plan (a “Participant”) during the subsequent calendar year, provided they have eligible Compensation for the calendar year of participation in excess of the limit under Section 401(a)(17) of the Code that was in effect for the immediately preceding calendar year.

	(b)	Prior to 2006, any employee participating in the Contemporary Option under the SIP whose salary deferral and matching contribution under the SIP are reduced by the limitations imposed by Sections 401(a)(17), 402(g) and 415 of the Code shall be eligible to participate in the Plan.  

2.2  Effect of Transfer.  An Employee who is a Participant in this Plan and who ceases to be an eligible Employee as described in Section 2.1 above shall cease participation in the Plan; however, any past contributions and applicable matching contributions will continue to be accounted for as elected by the employee subject to Section 4.2 of this Plan.
2.3  Beneficiaries.  Beneficiaries under this Plan shall be determined in accordance with Section 8.6 of the SIP; however, beneficiaries for this Plan shall be designated on a separate form and may be an individual or individuals other than beneficiaries designated under the SIP.

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Article III.  CONTRIBUTIONS
3.1  Deferral Allocations.  
	(a)	Effective 1 January 2007.  Effective as of 1 January 2007, pursuant to one or more deferral agreements in force under this Plan and subject to this Article III, the maximum amount of   Deferral Allocations (as defined in Section 3.3 hereof) that may be allocated during a calendar year to a Participant’s  Account under this Plan is determined as follows:

		(i)	the deferral percentage elected under this Plan not to exceed 6%, multiplied by,

		(ii)	eligible Compensation for a calendar year in excess of the limit under Section 401(a)(17) of the Code that was in effect for the immediately preceding calendar year.

A Participant's deferrals under the Plan shall not commence until such Participant's Compensation from such calendar year exceeds the amount determined pursuant to Section 3.1(a)(ii).
	(b)	Prior to 2007.  Prior to January 1, 2007, pursuant to a salary deferral agreement in force under the SIP and subject to the provisions hereof, any amount of contribution up to 6% of Compensation for a calendar year that is restricted under Section 401(a)(17), Section 402(g) or 415 of the Code shall be allocated to a Participant’s salary deferral account under the Plan. 

	(c)	Eligible Compensation.  For purposes of Sections 3.1(a)(ii) and 3.3:  

		(i)	“Compensation” for purposes of Deferral Allocations (as defined in Section 3.3 hereof) under the Plan shall be Compensation as defined under the terms of the SIP in effect on 1 January 2007, which is paid to a Participant during the period beginning on the date on which such Participant first commences participation in the Plan and ending on the date of such Participant’s Separation from Service; provided, however, that such definition of Compensation under the SIP shall be applied without giving effect to the exclusion of amounts deferred under nonqualified deferred compensation plans, which are not considered “compensation” within the meaning of Section 415 of the Code and are not included in the definition of Compensation under the terms of the SIP; provided, further, that for avoidance of doubt, amounts received while a Participant is on a Special Paid Leave of Absence shall be considered Compensation for purposes of this Plan; and provided, further, that for avoidance of doubt, amounts received by a Participant after such Participant’s Separation from Service are not considered Compensation for purposes of this Plan, whether or not such amounts are received in respect of services performed prior to the Participant’s Separation from Service.

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		(ii)	Compensation payable after 31 December of a calendar year for services performed during the final payroll period of such calendar year containing such 31 December shall be treated as Compensation for the subsequent calendar year;   

		(iii)	Compensation for Participants who participate in the Contemporary Option under the SIP shall include Performance-Based Compensation received under the John Deere Short-Term Incentive Bonus Plan; and 

		(iv)	Sales commissions shall be deemed earned in the calendar year in which the customer remits to the Company the payment to which such Compensation relates.

		(v)	Compensation shall include salary continuation benefits paid to a Disabled Participant during the 12-month period beginning on the Participant’s absence from work due to Disability and ending on the date on which benefits commence under the Company’s long-term disability plan, plus any Performance-Based Compensation received under the John Deere Short-Term Incentive Bonus Plan during such period, if any.

3.2  Employer Matching Allocations.  Employer matching contributions, if any, corresponding to Deferral Allocations under Section 3.1 above shall be allocated to a matching account under this Plan.  Employer matching contributions under this Plan will be determined as described in Article IV, Section 4.1(b) of the SIP.
3.3  Deferral Elections.  
	(a)	Effective 1 January 2007.

		(i)	A Participant's deferral allocation under the Plan (the “Deferral Allocation”) with respect to Performance-Based Compensation for services performed during  a Plan Year commencing on or after 1 November 2006 and with respect to all other Compensation for services performed during a calendar year commencing on or after 1 January 2007 that is not Performance-Based Compensation (including commission compensation earned during the calendar year) shall be irrevocably determined pursuant to such Participant's deferral agreement in effect under this Plan as of 31 October preceding the beginning of the Plan Year (in the case of Performance-Based Compensation) and the beginning of the calendar year (for all other Compensation); provided, however, that the Deferral Allocation under the Plan shall not exceed 6% of the Participant's Compensation; and provided further that the Participant’s deferral agreement shall remain in effect for subsequent years until revoked or modified.    Any such revocation or modification executed during a Plan Year shall become effective for Performance-Based compensation for the subsequent Plan Year and for other Compensation earned in the calendar year commencing after the end of the Plan Year in which the revocation or modification occurs.   

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		(ii)	Effective for calendar years commencing on or after 1 January 2007 and Plan Years commencing on or after 1 November 2006, an eligible Employee who does not have a Deferral Allocation in place on 31 October shall not be permitted to participate in the Plan during the following calendar year or Plan Year.

		(iii)	A Participant’s elections with respect to his deferral agreement under the SIP shall have no effect on such Participant's Deferral Allocation under the Plan. 

	(b)	1 January 2006 to 31 December 2006.  With respect to the calendar year commencing 1 January 2006 and the Plan Year commencing 1 November 2005, a Participant's Deferral Allocation shall be based on the Participant's deferral agreement under the SIP in effect as of 31 December 2005.  

	(c)	1 January 2005 to 31 December 2005.  

With respect to the calendar year beginning 1 January 2005 and the Plan Year beginning 1 November 2004, a Participant shall be permitted, through 15 March 2005, pursuant to Q&A 21 in Notice 2005-1, to make a new Deferral Allocation election or increase an existing Deferral Allocation with respect to amounts that have not been paid or that have not become payable at the time of such election; provided that the Participant's deferral agreement under the SIP in effect as of 15 March 2005 shall determine such Participant's Deferral Allocations under the Plan for the remainder of the 2005 calendar year; and provided further that such election with respect to the Plan shall not exceed 6% of the Participant's Compensation and shall be in accordance with procedures established by the Plan Administrator.
	(d)	Prior to 1 January 2005.  Effective 1 January 1997 or the first day of any subsequent month through December 1, 2004, an eligible Employee may elect to defer Compensation by completing a written election no later than the last work day of any month authorizing the Company to defer a percentage of Compensation under Section 4.8 of the SIP, provided that such employee is participating in the Contemporary Option under the SIP.  Such election will remain in force until changed or revoked by the Employee or the Employee ceases to be eligible to participate according to Article II of this Plan.

3.4  No Hardship Withdrawals.  Hardship withdrawals from a Participant’s Account under the Plan shall not be permitted.  Effective as of 1 January 2006, if a Participant receives a distribution of a Hardship Withdrawal from the SIP, his Deferral Allocation for purposes of the Plan shall cease and the election set forth in his deferral agreement under the Plan shall be cancelled.  A new Deferral Allocation with respect to the Plan following the cancellation of a prior Deferral Allocation due to a Hardship Withdrawal under the SIP shall be subject to the timing requirements of Section 3.3 and Section 409A.  

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3.5  FICA Tax.  All Deferral Allocations are subject to FICA tax in the payroll period in which they are deferred.  Such FICA taxes will be withheld only as necessary from the Participant’s Compensation prior to any deferral under this Plan.

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Article IV.  ACCOUNTS AND RATE OF RETURN
4.1  Participant Accounts.  Bookkeeping accounts will be maintained for each participant under the Plan and shall be credited with a rate of return as provided in Section 4.2 below.  Such rate of return for the notional investment options described in section 4.2(a) shall be credited monthly, as of the end of the last business day of the month, and the rates of return for the notional investment options described in section 4.2(b) shall be credited daily. While the performance of the notional investment options identified in sections 4.2(a) and 4.2(b) will be used to determine the rate of return (positive or negative) to be credited to a Participant’s Account, a Participant’s Account will not actually be invested in any of such notional investment options.
4.2  Rate of Return.  
	(a)	The rate of return for a Participant’s Account shall be the average of Prime Rate plus two percent as determined by the Federal Reserve statistical release for the month immediately preceding the month for which such rate shall be credited to Account balances for Deferral Allocations and Employer matching contributions under this Plan.

Alternatively, a Participant may elect a rate of return equal to the average of the S&P 500 Index for the month immediately preceding the month for which such rate shall be credited to Account balances for Deferral Allocations and Employer matching contributions under this Plan. 
Effective 1 November 2015, the above two notional investment options are frozen to future contributions and exchanges into these two notional investment options.  Notwithstanding the preceding sentence, exchanges out of these two notional investment options will still be permitted.
	(b)	Effective 2 November 2015 the notional options listed on Schedule A shall become available for exchanges and effective 3 November 2015, the same notional investment options shall be available to future contributions.  The Administrator may from time to time in its discretion modify the list of notional investment options set forth on Schedule A and, as so modified, such list shall constitute the notional investment options available for exchanges and future contributions occurring after the effective date of such modification.  

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4.3  Electing a Rate of Return.  A Participant shall be permitted to make an election or to modify an election then in effect regarding the rate of return applicable to existing balances and future contributions at any time.   A Participant may elect any of the above rates of return listed in section 4.2(b) for any portion of the Account in whole percentage increments (provided that no such election may be made with respect to any portion of the Account having a value of less than $250).  The sum of all such portions must equal 100%.  If a Participant submits a Deferral Allocation to the Recordkeeper, but fails to submit an election regarding the rate of return, the rate of return for such Participant’s 

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future contributions shall be the BTC LifePath Fund closest to the participant’s 65th birthday until modified by the Participant in accordance with this Section 4.3.
4.4  Qualified Domestic Relations Orders.  In the event of a Qualified Domestic Relations Order, a separate account will be established for any qualified alternate payee subject to Article V.  No portion of the non-vested Employer matching contributions or earnings thereon may be assigned to the Alternate Payee.  Distributions to the Alternate Payee will be made on the same schedule that would apply were such amounts distributed to the Participant pursuant to Article VI, except to the extent that the Qualified Domestic Relations Order provides otherwise.  The Administrator may accelerate the time or schedule of payment under the Plan to an Alternate Payee to the extent necessary to fulfill a Qualified Domestic Relations Order including to a date determined without regard to the Participant’s employment status. 

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Article V.  VESTING
5.1  Vested Interest.  A Participant shall be fully vested in the portion of the Account comprised of Deferral Allocations and gains or losses thereon.  Furthermore, the Participant shall be 100% vested in the Employer matching contributions and the gains or losses thereon after attaining three years of service credit (as determined under the SIP).  In the event of a Qualified Domestic Relations Order, no portion of non-vested Employer matching contributions or the gains or losses thereon may be assigned to the alternate payee. 
5.2  Forfeiture of Non-Vested Balances.  A Participant who incurs a Separation from Service prior to three years of service credit shall forfeit all Employer matching contributions and the earnings thereon.  In the event a Participant is rehired by the Company within five (5) years following such Separation from Service with the Company and, in accordance with the applicable provisions of the SIP, such Participant earns three years of service credit (including any service credit earned prior to the initial Separation from Service), all forfeited Employer matching contributions and growth additions up to the date of the Participant’s Separation from Service with the Company shall be restored to the Participants Account. 
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Article VI.  DISTRIBUTIONS
6.1  Distributions for Separation from Service On and After 1 January 2006.
	(a)	Participants Retirement Eligible as of 31 December 2005.  

		(i)	A Participant who is Retirement Eligible as of 31 December 2005 and incurs a Separation from Service on or after 1 January 2006 shall be permitted, subject to Sections 6.4 and 6.5, to irrevocably elect the form of distribution for his Account, pursuant to Section 6.3 and this Section 6.1(a)(i), paid, at the Participant's election, either (A) the first day of the month containing the date that is six months and one day after his Separation from Service, plus one day for each day of Vacation, (B) one or more years after his Separation from Service or (C) on a date specified by the Participant, provided that if such specified date is a date prior to the Participant's Separation from Service, then such specified date shall be disregarded and the Account shall be distributed on the date that is six months and one day after the Separation from Service, plus one day for each day of Vacation.  Elections pursuant to this Section 6.1(a)(i) shall be made by no later than 31 December 2005 in accordance with procedures established by the Administrator and shall provide that distribution of the Account shall begin no later than 1 January of the calendar year following the calendar year in which the Participant attains age 75.  An election made pursuant to this Section 6.1(a)(i) shall apply to a Participant’s entire Account, including amounts credited to the Account after 31 December 2005.

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		(ii)	If a Participant described in Section 6.1(a)(i) does not make a timely election pursuant to Section 6.1(a)(i), his Account shall be paid in accordance with Section 6.1(b).  

	(b)	Participants Retirement Eligible After 31 December 2005 Who Separate from Service After Becoming Retirement Eligible.  Effective as of 1 January 2006, the Account of a Participant (i) who becomes Retirement Eligible after 31 December 2005, and (ii) whose Separation from Service occurs after he becomes Retirement Eligible, shall be paid in five annual installments.  The amount and timing of each annual installment shall be determined as follows:

		(i)	The initial annual installment shall be an amount that is substantially equal to one-fifth of the value of the Participant's Account determined as of the last valuation date of the month immediately preceding the Measurement Date, and shall be paid on the last day of the month following the month which contains the Measurement Date.  For purposes of Section 6.1, “Measurement Date” means the date that is the first anniversary of the Participant's Separation from Service, plus one day for each day of Vacation.

		(ii)	The second annual installment shall be an amount that is substantially equal to one-fourth of the value of the Participant's Account determined as of the last valuation date of the month immediately preceding the date that is the first anniversary of the Measurement Date, and shall be paid on the last day of the month following the month which contains the first anniversary of the Measurement Date.   

		(iii)	The third annual installment shall be an amount that is substantially equal to one-third of the value of the Participant's Account determined as of the last valuation date of the month immediately preceding the date that is the second anniversary of the Measurement Date, and shall be paid on the last day of the month following the month which contains the second anniversary of the Measurement Date.

		(iv)	The fourth annual installment shall be an amount that is substantially equal to one-half of the value of the Participant's Account determined as of the last valuation date of the month immediately preceding the date that is the third anniversary of the Measurement Date, and shall be paid on the last day of the month following the month which contains the third anniversary of the Measurement Date.   

		(v)	The fifth annual installment shall be an amount that is equal to the entire remaining balance in the Participant's Account and shall be paid on the date that is the fourth anniversary of the Measurement Date.  

	(c)	Participants Not Retirement Eligible When Separated.  Effective as of 1 January 2006, the Account of a Participant (i) who is not Retirement Eligible as of 31 

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		December 2005, and (ii) whose Separation from Service occurs after 31 December 2005 and prior to the date on which he becomes Retirement Eligible shall be paid in a single lump sum on the last day of the month following the month in which the first anniversary of such Participant's Separation from Service occurs.

6.2  Distributions for Separation from Service from 1 January 2005 to 31 December 2005.  
	(a)	General Rule.  A Participant who incurs a Separation from Service between 1 January 2005 and 31 December 2005 inclusive shall be permitted to elect, in accordance with procedures established by the Administrator to receive his 409A Account in any of the payment forms specified in Section 6.3.  The 409A Account shall be distributed at the time (or over a period of years) specified by the Participant; provided that the Participant shall not be permitted to elect a date that is earlier than 30 days following (i) the last day of the month in which the Participant’s Separation from Service occurs (ii) plus one day for each day of Vacation in the case of Retirement or no later than 1 January of the year following the year in which the Participant attains age 75.  If a Participant elects to receive his 409A Account in the form of installments of decrementing amounts or a specified amount, each installment subsequent to the first shall be paid on the anniversary of first installment.  The election pursuant to this Section 6.2(a) shall be made by no later than 31 December 2005.

	(b)	No Election.  If a Participant described in Section 6.2(a) does not make a timely election, his 409A Account shall be paid in accordance with Section 6.1(c).  

	(c)	Grandfathered Account.  During calendar year 2005, a Participant’s Grandfathered Account shall be distributed in accordance with Section 6.3.

	(d)	Section 409A Transition Rules.  Notwithstanding anything in the Plan, effective, unless otherwise provided, as of 1 January 2005 with respect to the 409A Account of a Participant and 1 January 2006 with respect to the Account:

		(i)	Timing of Elections and Plan Amendments.  Except as otherwise provided in Section 6.2(d)(ii), to the extent that any Participant makes, on or prior to 31 December 2005, a payment election or the Company amends, on or prior to 31 December 2007, Plan provisions regarding the time and form of payment of a Participant's 409A Account, with respect to all or a portion of the amounts previously deferred that are subject to Section 409A, such election and amendment shall be deemed to be made pursuant to Q&A 19(c) in Notice 2005-1.

		(ii)	Termination of Participation; Cancellation of Deferral.  To the extent that a Participant receives in the 2005 calendar year a distribution of all, or any portion, of his 409A Account or prospectively cancels or reduces in the 2005 calendar year all or any portion of his Salary Deferral Allocation election under the SIP, as the case may be, such distribution or cancellation shall be deemed a whole or partial (as the case may be) (i) termination of such 

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			Participant's 409A Account or (ii) cancellation of such Participant's deferral election under the Plan, each pursuant to Q&A 20(a) of Notice 2005-1.

6.3  Distributions Prior to 1 January 2005.  
	(a)	Time and Manner.  Distribution of a Participant’s Account shall commence as soon as practicable after the valuation date at the end of the month following 30 days after the Participant’s termination of employment or 60 days following a Participant’s death in accordance with the election in 6.3(b) below and form of distribution shown in 6.3(c).  Termination of employment for the purposes of this Plan shall include retirement and Long-Term Disability status on or after 1 November 1998.  Distribution must begin no later than 1 January of the year following the year the Participant reaches age 75.

	(b)	Election.  A Participant shall make an irrevocable election regarding the time and manner of distribution no later than 30 days following termination of employment.  Termination of employment for the purposes of this Plan shall include retirement and Long-Term Disability status on or after 1 November 1998.  If the Participant’s employment is terminated by death, any eligible beneficiary shall make such irrevocable election within 60 days following the Participant’s death.  

	(c)	Form of Distribution.  

		(i)	A single lump sum payment 

		(ii)	A specified dollar amount each year until Account balance reaches zero.

		(iii)	A decrementing yearly withdrawal over a specific period of time which results in a zero Account balance.

In the event of the death of the Participant or a Qualified Domestic Relations Order, such beneficiaries or the Alternate Payee must take distribution as a single lump sum payment within 180 days following the event. 
6.4  Death.  Upon the death of a Participant, his 409A Account, if the death occurs in calendar year 2005, and, notwithstanding anything to the contrary in Section 6.1, 6.2 or 6.5 regarding the time or form of payment, his Account (or the remainder of his Account, if benefits have already commenced), if the death occurs on or after 1 January 2006, shall be paid to his beneficiaries in a lump sum on the first day of the month following the date of the Participant’s death.    
6.5  Disability.  A Participant who incurs a Separation from Service due to a Disability on or after January 1, 2006 shall receive a distribution of his Account in accordance with Section 6.1(b) or (c), as applicable.  A Participant’s Separation from Service due to Disability shall be deemed to occur on the date that is 29 months after the first day of Participant’s absence from work due to Disability.

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6.6  Six-Month Delay.  Distributions on or after 1 January 2005 of a Participant’s 409A Account and on or after 1 January 2006 of a Participant’s Account shall be made in accordance with the provisions of Section 409A.  To the extent such distributions are made in connection with a Participant’s Separation from Service for any reason other than death and the Participant is a “specified employee” for purposes of Section 409A, as determined under the Company’s established methodology for determining specified employees, on the date on his Separation from Service, such distributions shall not commence to be paid on any date prior to the first business day after the date that is six months following the Participant’s Separation from Service.
6.7  Distribution of Net Gains Realized from Rate of Return Elections.  Any net gain credited to a Participant’s Account pursuant to an election made pursuant to Section 4.3 hereof shall be distributed at the same time and in the same manner as the remainder of his Account is distributed in accordance with Sections 6.1 through 6.6.  
6.8  Employment Taxes due Upon Vesting.  To the extent permitted under Section 409A, the Company may distribute an amount from a Participant’s Account to cover employment taxes payable on account of employer matching contributions (and earnings thereon) as well as related income tax withholding due on such distribution.  

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Article VII.  ADMINISTRATION, AMENDMENT AND TERMINATION
7.1  Employment Rights.  Nothing under this Plan shall be construed to give any employee the right to continue employment with the Company or to any benefits not specifically provided herein.
7.2  Applicable Law.  This Plan, to the extent it is not exempt therefrom, shall be governed and construed in accordance with the applicable provisions of ERISA.  To the extent not governed by ERISA, this Plan shall be governed and construed in accordance with the laws of the State of Illinois, exclusive of conflict laws.
7.3  Non-Alienation.  Except as provided in Section 10.5 of the SIP and Section 4.4 of this Plan, no right or benefit under this Plan shall be subject to anticipation, alienation, sale, assignment, pledge, encumbrance or charge.  No right or benefit under this Plan shall in any manner be liable for or subject to the debts, contracts, liabilities or torts of the person entitled to such benefits except for such claims as may be made by the Company. 
7.4  Withholding of Taxes.  The Company, or its designee, may withhold from any payment of benefits under this Plan any income, employment or other taxes required to be withheld, including any taxes for which the Company or its designee may be liable with respect to the payment of such benefits.
7.5  Unsecured Interest, Funding and Rights Against Assets.  No participant, surviving spouse, beneficiaries, or qualified alternate payee shall have any interest whatsoever in any specific asset of the Company.  To the extent that any person acquires a right to receive payments under this Plan, such rights shall be no greater than the right of any unsecured general creditor of the Company.  Account balances shall not be financed through a trust fund or insurance contracts or otherwise unless owned by the Company.  Payment of Account balances shall be paid in cash from the general funds of the Company.  All expenses of administering this Plan shall be borne by the Company.
7.6  Effect on Other Benefit Plans.  Amounts payable under this Plan, including Employer matching allocations and growth additions, shall not be considered compensation for purpose of any qualified or non-qualified retirement plan maintained by the Company.  The treatment of such amounts under any other plan of the Company shall be determined under the provisions of such plan.
7.7  Administration.  
	(a)	This Plan shall be administered by the Administrator.  The Administrator shall have the power to construe and interpret this Plan, decide all questions of eligibility and determine the amount, manner, and time of payment of any benefits hereunder.  All determinations of the Administrator shall be final, binding, and conclusive on all persons.

	(b)	The Administrator shall not accelerate or delay payment under the Plan except to the extent that such acceleration (including as a result of a “change in control” within the meaning of the default provisions of Section 409A and the final 

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		regulations promulgated thereunder) or delay shall not cause any person to incur additional taxes, interest or penalties under Section 409A (“Section 409A Compliance”).

7.8  Amendment, Modification or Termination.  The Board of Directors of the Company, or, the Management Compensation Committee of the Company, may at any time amend or modify this Plan in their sole discretion, provided that this Plan shall not be amended or modified so as to reduce or diminish the Accounts of participant’s or benefits then currently being paid to any participant, surviving spouse, beneficiary, or former participant without such person’s consent.  The power to terminate this Plan shall be reserved to the Board of Directors of Deere & Company.  The procedure for amendment or modification of the Plan by either the Board of Directors, or, to the extent so authorized, the Management Compensation Committee of the Company, as the case may be, shall consist of the lawful adoption of a written amendment or modification to the Plan by majority vote at a validly held meeting or by unanimous written consent, followed by the filing of such duly adopted amendment or modification by the Secretary with the official records of the Company.  
7.9  409A Amendments and Modifications.  Notwithstanding anything in Section 7.8 to the contrary, the Vice President of Human Resources of the Company and any successor thereof shall have the unilateral right to amend or modify the Plan to the extent the Vice President of Human Resources and any successor thereof deems such action to be necessary or advisable to avoid the imposition on any person of adverse or unintended tax consequences under Section 409A.  Any determinations of the Vice President, Human Resources or the successor thereof pursuant to this Section 7.9 shall be final, conclusive and binding on all persons.
7.10  Distribution Upon Plan Termination; Withdrawal from the Plan. 
	(a)	If the Plan is terminated pursuant to Section 7.8, payment of Participant Accounts shall be made in accordance with Article VI, except to the extent that the Board of Directors of the Company or the Management Compensation Committee of the Company determines, in its sole discretion and in full and complete settlement of the Company’s obligations under this Plan, to distribute the full amount of a Participant’s Account to the Participant; provided that such distribution may be effected in a manner that will result in Section 409A Compliance.    

	(b)	If a participating subsidiary or affiliate withdraws from the Plan pursuant to Section 7.11, payment of Participant Accounts shall be made in accordance with Section 6.1 or 6.2, as applicable.

7.11  Withdrawal from Plan.  If an adopting subsidiary or affiliate which is participating in this Plan subsequently determines that it no longer wants to participate in this Plan or have its employees participate in this Plan, that subsidiary or affiliate must request permission from Deere & Company to withdraw from participating in this Plan.  If the Company grants such permission, such subsidiary or affiliate will immediately thereafter cease to participate in this Plan and its employees will cease to be participants in this 

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Plan unless and until such subsidiary or affiliate thereafter requests permission to again participate in this Plan.
7.12  Definition of Subsidiary or Affiliate.  In order for a subsidiary or affiliate of the Company to participate in this Plan, Deere & Company must own, directly or indirectly, at least 80 percent of the outstanding stock of such subsidiary or affiliate.
If during its affiliation with the Plan, a subsidiary or an affiliate's ownership by the Company falls below the 80 percent required level, such subsidiary or affiliate is automatically dropped from participation in this Plan and its employees are similarly dropped from being participants in this Plan.
If a subsidiary or affiliate of Deere & Company which is covered by this Plan ceases to be a subsidiary or affiliate, the participation in this Plan by the employees of such subsidiary or affiliate shall terminate, and no employees of such former affiliate or subsidiary shall accrue or be entitled to a benefit under this Plan on and after the date such company ceases to be a subsidiary or affiliate of Deere & Company (other than former employees who were receiving benefit payments as of such date).

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Article VIII.  DEFINITIONS
8.1  Section References.  All references to sections are, unless otherwise indicated, references to sections of the Plan.
8.2  Terms Defined.  Whenever used in the Plan, the following terms shall have the meanings set forth below:
“409A Account” means the portion of a Participant’s account under the Plan the right to which is not both earned and vested on December 31, 2004.
“Account” means, effective as January 1, 2006, a Participant’s Grandfathered Account and 409A Account.
“Administrator” means the Company.
“Deferral Allocation” means, with respect to a Participant, the deferral allocation election under the Plan applicable to Performance-Based Compensation and all other Eligible Compensation.
“Disability” means an absence from work due to a disability as determined under the long-term disability plan or practice of the Company for 12 months or longer, or, if earlier, the date on which a Participant's reemployment with the Company ceases to be guaranteed.
“Grandfathered Account” means the portion of a Participant’s account under the Plan the right to which is both earned and vested on December 31, 2004.  The Grandfathered Account shall be subject to the Prior Plan.
“Notice 2005-1” means Notice-2005-1 promulgated by the U.S. Treasury Department and the Internal Revenue Service., as clarified and expanded by Final Regulations under Section 409A and Notice 2006-79.
“Performance-Based Compensation” means performance-based compensation within the meaning of Section 409A.
“Prior Plan” means the terms of the Plan in effect immediately prior to 1 January 2005, as set forth in the Company’s written documents, rules, practices and procedures applicable to this Plan (but without regard to any amendments thereto after 3 October 2004 that would result in any material modification, within the meaning of Section 409A and Notice 2005-1, of the Grandfathered Benefit).
“Retirement Eligible” means eligible for a normal retirement benefit or an early retirement benefit within the meaning of the terms of the John Deere Pension Plan for Salaried Employees--Contemporary Option in effect as of 1 January 2007.
“Section 409A” means Section 409A of the Internal Revenue Code of 1986, as amended, and the rulings and regulations thereunder.

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“Separation from Service” means, with respect to a Participant, a separation from service within the meaning of the default rules of Section 409A; provided, however, that, notwithstanding anything in Section 7.12 to the contrary, for purposes of determining which entities are treated as a single “service recipient” with the Company, the phrase “at least 20 percent” shall be substituted for the phrase “at least 80 percent” each place it appears in Sections 1563(a)(1), (2) and (3) of the Code and Section 1.414(c)-2 of the Treasury Regulations, as permitted under Section 1.409A-1(h)(3) of the Treasury Regulations; and provided further that, solely for purposes of an Account consisting exclusively of a Grandfathered Account, “Separation from Service” shall be determined in accordance with the terms of the Prior Plan. 
“Vacation” means one or more days, as the case may be, of such vacation to which the Participant is entitled pursuant to the policies and practices of the Company then in effect and (i) as of the date of the Participant’s Separation from Service, deferred from a prior anniversary year and unused as of such Separation from Service, (ii) earned in the current anniversary year and unused as of such Separation from Service and (iii) if a Participant’s Vacation described in clause (i) or (ii) of this definition is used in the anniversary year following the anniversary year in which such Separation from Service occurs, earned in such following anniversary year, whether or not used by the Participant.

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SCHEDULE A
​
Notional Investment Options
​
BTC LIFEPATH RET G
BTC LIFEPATH 2020 G (REPLACED ON NOVEMBER 15, 2019)
BTC LIFEPATH 2025 G
BTC LIFEPATH 2030 G
BTC LIFEPATH 2035 G
BTC LIFEPATH 2040 G
BTC LIFEPATH 2045 G
BTC LIFEPATH 2050 G
BTC LIFEPATH 2055 G
BTC LIFEPATH 2060 G
BTC LIFEPATH 2065 G (AVAILABLE ON NOVEMBER 15, 2019
S & P 500 STOCK INDEX, CLASS F
SMALL/MID STOCK INDEX, CLASS F
INTERNATIONAL STOCK INDEX, CLASS F
U.S. TIPS BOND INDEX, CLASS F
U.S. BOND INDEX, CLASS F
COMMODITY INDEX, CLASS F
REAL ESTATE INDEX, CLASS F
FIDELITY GROWTH COMPANY COMMINGLED POOL CLASS #3 BOSTON PARTNERS LARGE CAP VALUE FUND SHARE CLASS E
​
QMA US SMALL CAP CORE EQUITY FD CL 

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​
TS&W INTERNATIONAL LARGE CAP EQUITY TRUST
WELLS FARGO ADVANTAGE EMERGING MARKETS EQUITY FUND CLASS R6 (REPLACED ON NOVEMBER 15, 2019)
WELLS FARGO EMERGING MARKETS EQUITY CIT E2 (AVAILABLE ON NOVEMBER 15, 2019)
WELLS FARGO CORE PLUS BOND FUND
BLENDED INTEREST FUND
SHORT-TERM INVESTMENT FUND W
(All references to “BTC LIFEPATH G” WERE TO “BTC LIFEPATH N” prior to 24 July 2020.)

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Exhibit 10.15

JOHN DEERE SUPPLEMENTAL PENSION BENEFIT PLAN
AMENDED: 1 November 1987
AMENDED: 24 February 1988
AMENDED: 28 February 1990
AMENDED: 27 February 1991
AMENDED: 29 May 1991
AMENDED: 26 August 1992
AMENDED: 09 December 1992
AMENDED: May 1993 – Effective: 01 July 1993
AMENDED: 08 December 1993 – Effective: 01 July 1993
AMENDED: 07 December 1994
AMENDED: May 1995 – Effective: 01 January 1995
AMENDED: 13 December 1995 – Effective: 01 January 1995 
AMENDED: 04 December 1996 – Effective: 01 January 1997
AMENDED: 07 January 1998 – Effective: 01 January 1998
AMENDED: 26 May 1999 - Effective: 26 May 1999
AMENDED: 19 July 1999 - Effective: 01 July 1999
AMENDED: 06 August 1999 – Effective: 01 August 1999
AMENDED: 02 November 1999 – Effective: 01 November 1999
AMENDED:  31 July 2000 –Effective: 01 Jan 2000 (Item (1&2) 01 Apr 2000 (Item (3) 
(See Resolution for Item explanation)
AMENDED: 29 January 2002 - Effective: 01 January 2002
AMENDED: 1 December 2005 – Effective: 1 January 2005
AMENDED: 13 December 2007 – Effective: 1 January 2007
AMENDED: 29 October 2008 – Effective: 1 November 2008

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AMENDED: 30 June 2009 – Effective: 1 July 2009
AMENDED: December  2011 – EFFECTIVE: 1 October 2011
AMENDED: 15 October 2014 – Effective 1 November 2014
AMENDED: 31 DECEMBER 2020 – Effective 31 December 2020
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JOHN DEERE SUPPLEMENTAL PENSION BENEFIT PLAN
TABLE OF CONTENTS
Table of Contents
Section‌Page

Section 1.Purpose and Establishment
1.1Establishment and Amendment of the Plan‌1

1.2Purpose‌1

1.3Cost of Benefits‌1

1.4Application of Plan‌1

1.5Administration, Amendment and Termination‌1

1.6Nonencumbrance of Benefits‌2

1.7Employment Rights‌2

1.8Severability‌2

1.9Applicable Law‌3

Section 2.Definitions
2.1Definitions‌3

2.2Gender and Number‌7

Section 3.Supplemental Pension Benefit
3.1Eligibility‌8

3.2Amount‌8

3.3Limitations‌9

3.4Reduction for Early Retirement under Contemporary Pension Option‌9

3.5Commencement and Duration‌9

3.6Death Prior to Receipt of Lump Sum‌11

3.7Qualified Domestic Relations Order‌11

Section 4.Disability Benefit
4.1Eligibility‌12

4.2Amount‌12

4.3Commencement and Duration‌12

Section 5.Change in Control of Company
5.1Eligibility‌13

5.2Change in Control of the Company‌13

5.3Cause‌14

5.4Good Reason‌14

5.5Amount‌15

5.6Commencement and Duration‌15

5.7Deere & Company Severance Protection Agreement‌15

Section 6.Survivor Benefits
6.1Death of an Active or Disabled Participant‌16

6.2Death of a Retired Participant‌16

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6.3Commencement and Duration‌17

6.4Survivor Benefit Election After Retirement.‌17

Section 7.Financing of Benefits
7.1Contractual Obligation‌18

7.2Unsecured General Creditor‌18

7.3Funding‌18

7.4Vesting‌18

7.5Administration‌18

7.6Expenses‌18

7.7Indemnification and Exculpation‌18

7.8Effect on Other Benefit Plans‌19

7.9Tax Liability‌19

APPENDIX A
Article A-1 APPLICATION; PAYMENT OF PLAN BENEFIT AFTER 2006
A-1.1Application of this Article‌20

A-1.2Retirement During Calendar Year 2007 or Later‌20

A-1.3Termination During Calendar Year 2005 or Later‌20

A-1.4 Termination Prior to 1 January 2005........................................ 20
A-1.5Separation from Service Following a Change in Control............... 20
A-1.6 One-Time Lump Sum.........................................................    20

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Article A-2 DEATH and DISABILITY BENEFITS‌22

A-2.1Application of Article A-2‌22

A-2.2No Additional Rights Because of Death‌22

A-2.3Rules Based on Timing of Death‌22

A-2.4Separation from Service Due to Disability‌24

A-2.5Return to Work Following Disability‌24

APPENDIX B
Article B-1 MISCELLANEOUS PROVISIONS
B-1.1Application of this Article‌26

B-1.2Impact of Vacation‌26

B-1.3Impact of Leave of Absence and Special Paid Leave of Absence‌26

B-1.4No Acceleration or Delay‌27

B-1.5Interpretation Consistent with Section 409A Compliance‌27

Article B-2 AMENDMENT AND TERMINATION
B-2.1Amendment and Termination‌28

B-2.2Plan Benefit in the Event of Termination‌28

Article B-3 DEFINITIONS
B-3.1Section References‌29

B-3.2Terms Defined‌29

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JOHN DEERE SUPPLEMENTAL PENSION BENEFIT PLAN
​
Section 1.Purpose and Establishment
1.1Establishment and Amendment of the Plan.  Deere & Company (the “Company”) established and presently maintains the John Deere Supplemental Pension Benefit Plan (the “Plan”), an unfunded supplemental retirement plan for the benefit of its eligible employees, on 1 November 1978.  Said plan is hereby further amended and restated as set forth herein effective as of 1 January 1997.  Effective as of 1 January 2007, the Plan is amended pursuant to Section 409A of the Code as set forth in Appendices A and B, which form part of the Plan.  Amendments to the Plan adopted in 2006 and 2007 are intended to align Plan provisions with prior operational changes and avoid the imposition on any Participant of taxes and interest pursuant to Section 409A of the Code.  The Plan is hereby amended and restated as set forth herein, effective as of 1 November 2014
1.2Purpose.  The purpose of this Plan is to promote the mutual interests of Deere & Company and its Officers and Executives.
1.3Cost of Benefits.  Cost of providing benefits under the Plan will be borne by the Company.
1.4Application of Plan.  The provisions of this Plan as set forth herein are applicable only to the employees of the Company in current employment on or after 1 November 1987, except as specifically provided herein.  Except as so provided, any person who was covered under the Plan as in effect on 31 October 1987 and who was entitled to benefits under the provisions of the Plan shall continue to be entitled to the same amount of benefits without change under this Plan.  Any person covered under the Plan as in effect 1 November 1987 who is age 55 or above on 1 November 1987 shall be entitled to the larger of the benefit amount in Section 3.2 below or the benefit provided under the John Deere Supplemental Pension Benefit Plan effective prior to 1 November 1987.  
Notwithstanding any provision of this Plan to the contrary, the provisions of Appendices A and B shall apply to payment of benefits on or after 31 December 2006 and such appendices shall supersede the other provisions of the Plan to the extent necessary to eliminate inconsistencies between such Appendices and such other provisions of the Plan.
1.5Administration, Amendment and Termination.  The Plan is administered by and shall be interpreted by the Company.  The Board of Directors of the Company or the Pension Plan Oversight Committee of the Board may at any time amend, modify or terminate this Plan in their sole discretion.  In addition, the Deere & Company Compensation Committee shall have the authority to approve all amendments or modifications that: 

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		a.	in the Compensation Committee’s judgment are procedural, technical or administrative, but do not result in changes in the control and management of the Plan assets; or 

		b.	in the Compensation Committee’s judgment are necessary or advisable to comply with any changes in the laws or regulations applicable to the Plan; or

		c.	in the Compensation Committee’s judgment are necessary or advisable to implement provisions conforming to a collective bargaining agreement which has been approved by the Board of Directors; or

		d.	in the Compensation Committee’s judgment will not result in changes to benefit levels exceeding $5 million dollars per amendment or modification during the first full fiscal year that such changes are effective for the Plan; or

		e.	are the subject of a specific delegation of authority from the Board of Directors.

Provided, however, that this Plan shall not be amended or modified so as to reduce or diminish the benefit then currently being paid to any employee or Surviving Spouse of any former employee without such person’s consent.  The power to terminate this Plan shall be reserved to the Board of Directors of Deere & Company.  The procedure for amendment or modification of the Plan by either the Board of Directors, or, to the extent so authorized, the Pension Plan Oversight Committee, as the case may be, shall consist of:  the lawful adoption of a written amendment or modification to the Plan by majority vote at a validly held meeting or by unanimous written consent, followed by the filing of such duly adopted amendment or modification by the Secretary with the official records of the Company.
1.6Nonencumbrance of Benefits.  Except as provided in Article VIII, Section 8 of the John Deere Pension Plan for Salaried Employees, no employee, retired employee, or other beneficiary hereunder shall have any right to assign, alienate, pledge, hypothecate, anticipate, or in any way create a lien upon any part of this Plan, nor shall the interest of any beneficiary or any distributions due or accruing to such beneficiary be liable in any way for the debts, defaults, or obligations of such beneficiary, whether such obligations arise out of contract or tort, or out of duty to pay alimony or to support dependents, or otherwise.
1.7Employment Rights.  Establishment of this Plan shall not be construed to give any Participant the right to be retained by the Company or to any benefits not specifically provided by the Plan.
1.8Severability.  In the event any provision of the Plan shall be held invalid or illegal for any reason, any invalidity or illegality shall not affect the remaining parts of the Plan, but the Plan shall be construed and enforced as if the invalid or illegal provision had never been inserted, and the Company shall have the privilege and opportunity to 

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correct and remedy such questions of invalidity or illegality by amendment as provided in the Plan.
1.9Applicable Law.  This Plan is fully exempt from Titles II, III, and IV of ERISA.  The Plan shall be governed and construed in accordance with Title I of ERISA and other applicable law (including, to the extent not preempted by federal law, the laws of the State of Illinois).
Section 2.Definitions
2.1Definitions.  Whenever used in this Plan, it is intended that the following terms have the meanings set forth below.  Defined terms used in Appendix A or B have the meanings set forth in Appendix B.
		(a)	“Average Pensionable Pay” of the Traditional Pension Option means the average for each  year of the following:

(1)all straight-time salary payments, plus the larger of (i) or (ii) through 31 December 2000 and as of 1 January 2001 plus the larger of (i) or (iii) below:
		(i)	the amounts paid under the John Deere Profit Sharing Plan and the John Deere Short-Term Incentive Plan prior to 1991 plus the sum of the bonuses paid under the John Deere Performance Bonus Plan for Salaried Employees, the John Deere Health Care, Inc. Annual Performance Award Plan or the John Deere Credit Company Profit Sharing Plan.

		(ii)	the amount paid prior to 1989 under the John Deere Long-Term Incentive Plan, the John Deere Restricted Stock Plan through 1998, or after 1998 the Pro-rated Yearly Vesting Amount under the John Deere Equity Incentive Plan.

		(iii)	the target amount under the John Deere Performance Bonus Plan for Salaried Employees, the John Deere Health, Inc. Annual Performance Award Plan or the John Deere Credit Company Profit Sharing Plan.

(2)The annual average of such amounts shall be based on the five (5) highest years, not necessarily consecutive, during the ten (10) years immediately preceding the earliest of the Participant’s retirement, total and permanent disability, or death.  The greater of any such short or long-term awards as defined in 2.1(a)(1)(i) or (ii) above paid or vested during the twelve months immediately following the Participant’s retirement, shall be substituted for the lowest such annual short or long-term bonus award used to calculate Average Pensionable Pay, if the result would be a higher pension benefit.  All amounts used in calculating the Average Pensionable Pay will be determined before the effect of any salary or bonus deferral or reduction resulting from an election by the Employee under any Company sponsored 

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plan or program, but excluding any matching and/or growth factor, Company contribution, and/or flexible credits provided by the Company under any such plan or program.
		(b)	“Average Monthly Pensionable Pay” means the Average Pensionable Pay divided by twelve (12).

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

(d.1)Career Average Pay of the Contemporary Pension Option means the following for those Officers listed in Exhibit 1:
		(1)	The highest five calendar years of the last ten not necessarily consecutive as of 31 December 1996 plus the greater of short-term bonus or long-term incentive pay received in each of those years as defined in section 2.1(a)(1)(i) or (ii) above.

plus
		(2)	Base pay and short-term bonuses as defined in Section 2.1(a)(1)(i) above paid beginning 1 January 1997 and thereafter (excluding any long-term incentives as defined in section 2.1(a)(1)(ii) above).

The amounts of all salary, short-term bonus, or other pay received as described in (1) and (2) above will be divided by the number of pay periods in which base pay was received to determine the Career Average Pay.
		(d.2)
	“Career Average Pay” of the Contemporary Pension Option means the following for newly eligible Participants effective the latter of 1 January 1997 or entering Base Salary Grade 13 or above:

		(3)	The highest five consecutive of the last ten anniversary years or the last 60 months of straight time pay if higher as of 31 December 1996 for Participants with five or more years of continuous employment.

plus
		(4)	Restorable short-term performance bonuses earned and paid during the years 1992-1996 credited at the rate of 1/120th for each pay period of continuous employment beginning 1 January 1997.  Short-term performance bonuses are defined in 2.1(a)(1)(i) of this Plan.

plus
		(5)	All straight time pay plus short-term performance bonuses paid on or after 1 January 1997 (excluding any long-term incentives such as stock options).

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The amounts of salary and bonus derived from (d.2)(1) plus (2) plus (3) above are divided by the number of pay periods in which base pay was received to determine the career average pay.  This amount multiplied times 2 transforms career average pay to a monthly equivalent.
		(e)	“Code” means the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder.

(f)“Company” means Deere & Company, a Delaware corporation.
		(g)	“Contemporary Pension Option” means the benefit provided to Officers Listed in Exhibit 1 who elect the Contemporary Pension Option on or before 15 November 1996, and all other Executives who become Participants on or after 1 January 1997.

		(h)	“Disability” shall have the same meaning as under the Qualified Retirement Plan or John Deere Long Term Disability Plan for Salaried Employees.

		(i)	“Executive” means an employee base salary grade 13 or above who on 1 January 1997 is a non-officer, or an employee who attains base salary grade 13 or above after 1 January 1997.  An employee who attains base salary grade 13 on or after 1 November 2014 shall not be considered an Executive under the Plan.  Notwithstanding the foregoing, the following special cases apply:

(1)An employee who, on or after 1 November 2014, attains or is restored to base salary grade level 13 or above in connection with or following rehiring or return from leave of absence or disability shall be considered an Executive under the Plan only with respect to the period preceding 1 November 2014 during which the employee held base salary grade 13 or above. 
(2)An employee who permanently transferred outside the U.S. prior to 1 November 2014 will be considered an Executive under the Plan only with respect to the period preceding such permanent transfer during which the employee held base salary grade 13 or above (and, if applicable, any period following a subsequent permanent transfer back to the United States during which the employee held base salary grade 13 or above but only if the permanent transfer back to the United States occurs before 1 November 2014).
(3)An employee who attained base salary grade 13 on or before 1 November 2014 and who had not participated in the Qualified Retirement Plan prior to 1 November 2014 shall not be considered an Executive under the Plan.
(j)“Officer” means employees listed in Exhibit I.

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		(k)	“Non-officer” means any employee of the Company who is not an elected officer and does not hold one of the elected positions listed in (i) above.

		(l)	“Participant” means an Officer as defined in (i) above or Salary Grade 13 and above Executives (determined applying the exclusions and rules for special cases set forth in the definition of “Executive” above).

(m)“Plan Year” means the 12-month period beginning each November 1.
		(n)	 “Pro-rated Yearly Vesting Amount under the John Deere Equity Incentive Plan” means for the purposes of calculating a long term incentive amount under Section 2.1 (a) (1) (ii) of this Plan is one-quarter of each bi-annual EIP Grant allocated to each year following the Grant date multiplied times the Grant Price.  In the event an EIP Grant vests and bonus shares are payable during the 12 months immediately following a Participant’s retirement, the actual value of the Grant will be redetermined and allocated equally in one-quarter increments to each of the years following the Grant date which were used to calculate Average Pensionable Pay, if the result would be a higher pension benefit.

		(o)	“Qualified Retirement Plan” means the John Deere Pension Plan for Salaried Employees which is a qualified plan under Section 401(a) of the Internal Revenue Code.  Provisions under this Plan shall in no way alter provisions under the Qualified Retirement Plan.

		(p)	“Retirement Benefit” shall be a single-life annuity or lump sum amount as provided under Section 3 subject to provisions of Section 5.  

		(q)	“Service” shall have the same meaning in this Plan as “service credit” in the  Qualified Retirement Plan.  Service credit for benefit purposes in this Plan for those Executives not listed in Exhibit I will begin on the latter of 1 January 1997 or attainment of base salary grade 13 or above whichever is later.  Service credit will not be provided to employees who attain base salary grade 13 on or after 1 November 2014. Notwithstanding the foregoing, the following special cases will apply:

(1)An employee who, on or after 1 November 2014, attains or is restored to base salary grade level 13 or above in connection with or following rehiring, or return from leave of absence or disability, or permanent transfer into the U.S., shall receive service credit under this Plan only with respect to the period preceding 1 November 2014 during which the employee held base salary grade 13 or above.
(2)An employee who permanently transferred outside the U.S. prior to 1 November 2014 will receive service credit under this Plan only with respect to the period preceding such permanent transfer during which the employee held base salary grade 13 or above (and, if applicable, any period following a subsequent permanent transfer back to the United States during 

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which the employee held base salary grade 13 or above but only if the permanent transfer back to the United States occurs before 1 November 2014).
(3)For the avoidance of doubt, it is noted that an employee who attained base salary grade 13 on or before 1 November 2014 and who had not participated in the Qualified Retirement Plan prior to 1 November 2014 shall not receive any service credit under this Plan, as such an employee is not considered an Executive under the Plan.
		(r)	“Surviving Spouse” shall mean the legally married spouse (determined under both the laws of the deceased participant’s domicile and the laws of the United States) of a deceased participant.

		(s)	“Traditional Pension Option” means the benefit under this Plan for Officers who (1) are listed in Exhibit 1, and (2) are or become Participants, and (3) who elect the Traditional Pension Option on or before 15 November 1996.

2.2Gender and Number.  Except when otherwise indicated by the context, any masculine term used herein shall also include the feminine, and the singular shall also include the plural.

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Section 3.Supplemental Pension Benefit
3.1Eligibility.  A Participant shall be eligible for benefits under the provisions of this Plan if such Participant is (1) entitled to a Vested Plan Benefit under the Qualified Retirement Plan, (2) has attained Salary Grade 13 or above on or before 31 October 2014, and (3) has attained (a) age 60 under the Traditional Pension Option; (b) any age under the Contemporary Pension Option; or (c) any age, if eligible to retire on 1 January 1997.  Notwithstanding any provision of this Plan to the contrary, a Participant who has not attained at least Salary Grade 13 by 31 October 2014 shall not be eligible for benefits under the Plan.  Whether an employee qualifies as a Participant by virtue of being a Salary Grade 13 or above Executive will be determined applying the exclusions and rules for special cases set forth in the definition of “Executive” above.
3.2Amount.  Upon termination of employment an eligible Participant pursuant to 3.1 above, shall be entitled to a monthly Retirement Benefit as follows:
		(1)	Traditional Pension Option equals (a) plus (b) below:

		(a)	2% of Average Monthly Pensionable Pay for each year of service as an Officer.

		(b)	1 1/2% of Average Monthly Pensionable Pay for each year of service as a non-Officer.

or
		(2)	Contemporary Pension Option equals (a) plus (b) below:

		(a)	2% of Career Average Pay for each year of service as an Officer or Participant.

		(b)	1 1/2% of Career Average Pay for each year of service as a non-Officer prior to the latter of 1 January 1997 or attainment of base salary grade 13 or above, whichever is later.

This amount determined in Section 3.2(1) or 3.2(2), as applicable, shall be subject to any reductions for 
		(1)	Early retirement under the Contemporary Pension Option as provided in Section 3.4 of this plan.

		(2)	Any formula used (or that would be used) to calculate any age and/or service-related reduction in the retiree’s monthly benefit under the terms of the Qualified Retirement Plan in effect as of 1 January 2007.  

		(3)	Survivor benefits described in Section 6.

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		(4)	Provisions shown in Section 3.3 which follows and shall be further reduced by the sum of

		(i)	the benefit earned under the Qualified Retirement Plan; and

		(ii)	the benefit provided under the John Deere Senior Supplementary Pension Plan or ERISA Supplementary Pension Plan, as the case may be.

Notwithstanding the foregoing, effective 1 January 2007, an Eligible Participant pursuant to Section 3.1 above shall become entitled to the monthly Retirement Benefit described in this Section 3.2 upon his or her Separation from Service (as defined in Article B-3 of Appendix B); provided, however, that Section B-1.2, if applicable, shall apply in calculating the amount of the Participant’s benefit under the Plan, and the time and form of payment shall be determined in accordance with Appendix A. 
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3.3Limitations.
		(a)	The total monthly Retirement Benefit paid under the Traditional Pension Option of this Plan, the Qualified Retirement Plan and the John Deere Senior Supplementary Pension Plan or ERISA Supplementary Pension Plan, as the case may be, may not exceed 66-2/3% of the Average Monthly Pensionable Pay.  If such number is exceeded the amount payable under this Plan shall be reduced to the extent necessary to equal 66-2/3% of the Average Monthly Pensionable Pay.

		(b)	That part of the Retired employee’s monthly benefit which is based on service credit prior to 1 July 1993 (1 January 1994 for employees of John Deere Credit Company, John Deere Health Care, Inc. and John Deere Insurance Group) shall be reduced by 1/2% for each full year in excess of 10 years that the spouse is younger than the employee.

3.4Reduction for Early Retirement under Contemporary Pension Option.  The amount determined in 3.2 above shall be reduced 1/3% per month from the unreduced full benefit age, as defined under the terms of the Contemporary Pension Option of the Qualified Retirement Plan in effect as of 1 January 2007, as of the date benefits commence.
3.5Commencement and Duration.  Payment of monthly retirement benefits provided under this Plan shall commence on the first day of any calendar month following the date of retirement as elected under the Qualified Retirement Plan.  Benefit payments will be made on the first day of each calendar month thereafter.  The last payment will be made the first day of the calendar month in which the Participant dies, subject to the provisions of Section 5.
Alternatively, the Participant may elect to receive a lump sum payment for all or a portion (in 10% increments from 10% to 90%) of the Retirement Benefits payable 

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under this Plan including the 55% joint and survivor annuity equal to 11% of the supplemental benefit payable, adjusted for service accrued through 30 June 1993, or 31 December 1993 in the case of employees of John Deere Credit Company, John Deere Health Care, Inc., or John Deere Insurance Group.  Written notice of the Participant’s election to receive a lump sum payment shall be irrevocable, and must be received by the Company within the twelve (12) months prior to payment, but in no event subsequent to the Participant’s date of retirement.  The lump sum payment shall be made to Participant twelve (12) months after receipt of notice by the Company but in no event prior to the Participant’s retirement.
Effective beginning 1 January 2002 and thereafter, the lump sum will be calculated using an interest rate assumption equal to the average yield in September of the preceding Plan Year on 30-year Treasury Constant Maturities (as published in October by the Internal Revenue Service) and the mortality table shall be based upon a fixed blend of 50% male mortality rates and 50% female mortality rates from the Group Annuity Reserving Table (“GAR”) , as set forth in Revenue Ruling 2001-62, in effect at the beginning of the plan year in which payment is made.  The age used in the calculation will be the age of the Participant.  
Effective beginning 1 November 2008 and thereafter, the lump sum will be calculated using an interest rate assumption equal to the average yield in September of the preceding Plan Year of 30-year Treasury Constant Maturities (as published in October by the Internal Revenue Service) and the mortality table shall be based upon such mortality table as may be prescribed by the IRS pursuant to Code section 417(e)(3), and which the IRS shall publish from time to time. For the Plan Year beginning 1 November 2008 and, until modified, such mortality table will be the table published in Revenue Ruling 2007-67. Effective 1 November 2008, in no event will the lump sum paid be less than the present value determined by using the “applicable interest rate” and the “applicable mortality table” with such terms having the meaning provided under Section 417(e) of the Code, as in effect from time to time. The age used in the calculation will be the age of the Participant.
Monthly retirement benefits will be redetermined as soon as practicable and increased benefits paid retroactive to the Participant’s date of retirement for:
		(a)	any eligible long or short-term bonus paid after retirement replacing an earlier bonus award used to calculate Average Pensionable Pay under the Traditional Pension Option

or
		(b)	any eligible short-term bonus paid after retirement added to career average earnings used to calculate pension benefits under the Contemporary Pension Option.

Effective 1 January 2008, monthly retirement benefits determined as described above shall be paid upon the later of (i) the date specified for payment in 

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accordance with Section A-1.2 or A-1.3, as applicable, or (ii) on the first day of the calendar month following vesting of the bonus giving rise to the adjustment.
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3.6Death Prior to Receipt of Lump Sum.  If an active Participant or a Participant on Permanent and Total Disability dies after receipt of notice by the Company pursuant to Section 3.5 of Participant’s irrevocable election to receive a lump sum payment, but before the expiration of twelve (12) months after receipt by the Company of such election, a Surviving Spouse of the Participant who is eligible for a survivor benefit under Section 6 will receive a lump sum survivor’s benefit under Section 6.1 of this Plan.  The 55% Surviving Spouse lump sum benefit will be payable no earlier than twelve (12) months following receipt of notice by the Company of the deceased Participant’s irrevocable election but not before the first day of the month following eligibility for a Surviving Spouse benefit under the Qualified Retirement Plan.
If a retired Participant or a Participant on Permanent and Total Disability subsequently retires under Normal Retirement and dies after receipt of notice by the Company pursuant to Section 3.5 of Participant’s irrevocable election to receive a lump sum payment, but before the expiration of twelve (12) months after receipt by the Company of such election, a Surviving Spouse of the Participant who is eligible for a survivor benefit under Section 6 will receive the Participant’s full lump sum benefit under Section 3.5 of this Plan in lieu of Surviving Spouse benefits under Section 6.  In the event the retired Participant is unmarried at the date of death or the Surviving Spouse of the deceased Participant is not eligible for survivor benefits under Section 6, the Participant’s full lump sum benefit will be paid to the deceased Participant’s estate.  The lump sum benefit will be payable no earlier than twelve (12) months following receipt of notice by the Company of the deceased Participant’s irrevocable election.
3.7Qualified Domestic Relations Order.
Distribution is prohibited under the Plan prior to the Participant’s retirement and, in the event of a Qualified Domestic Relations Order, the Alternate Payee must take distribution as a single lump sum payment within 180 days following the Participant’s retirement under the Plan.

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Section 4.Disability Benefit
4.1Eligibility.  An employee who qualifies for a Disability benefit in accordance with the provisions of the Qualified Retirement Plan or John Deere Long Term Disability Plan for Salaried Employees shall be entitled to a benefit under this Plan upon retirement under a normal retirement under the Qualified Retirement Plan.
4.2Amount.  The amount shall be determined in accordance with 3.2 except that service as an Officer shall be determined for the period of time prior to total and permanent disability as defined in the Qualified Retirement Plan or John Deere Long Term Disability Plan for Salaried Employees.
4.3Commencement and Duration.  In the event of Disability, the payment method shall be the same as that elected pursuant to Section 3.5 of this Plan.  In the event of Disability, payments of Retirement Benefits provided under this section shall be made or commence on the same date as Retirement Benefits commence under the normal Retirement  Provisions under the Qualified Retirement Plan.

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Section 5.Change in Control of Company
5.1Eligibility.  If a Change in Control of the Company (as defined in 5.2 below) shall have occurred, and a Participant who has not attained age 60 ceases to be an employee of the Company within twenty-four months following a Change in Control of the Company, such Participant shall be eligible for benefits under the provisions of this Plan notwithstanding his age at the time of such cessation of employment, unless such cessation of employment is (i) by the Company for “Cause” (as defined in 5.3 below), or (ii) by the Participant who is not Retirement Eligible for other than Good Reason (as defined in 5.4 below).  If the Participant ‘s cessation of employment is by reason of Death or Permanent Disability, the Participant ‘s rights under this Plan shall be governed by Section 4 and 6 of this Plan, despite the occurrence of a change in control.  References in this Section 5.1 to “cessation of employment” shall be references to a Separation from Service, as defined in Article B-3 of Appendix B.
5.2Change in Control of the Company.  A change in control of the Company shall mean a change in control of a nature that would be required to be reported in response to Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934, as now or hereafter amended (the “Exchange Act”), whether or not the Company is then subject to such reporting requirement; provided, that, without limitation, such a Change in Control shall be deemed to have occurred if:
		(i)	any “person” (as defined in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the “beneficial owner” (as defined in Rule 13(d-3) under the Exchange Act), directly or indirectly, of securities of the Company representing thirty percent (30%) or more of the combined voting power of the Company’s then outstanding securities;

		(ii)	during any period of two (2) consecutive years (not including any period prior to December 9, 1987) there shall cease to be a majority of the Board comprised as follows:  individuals who at the beginning of such period constitute the Board and any new director(s) whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds (2/3) of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved; or

		(iii)	the shareholders of the Company approve a merger or consolidation of the Company with any other company, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) at least 80% of the combined voting power of the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation.

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		(iv)	the shareholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or substantially all the Company’s assets.

5.3Cause.  Termination of employment by the Company for “Cause” shall mean termination pursuant to notice of termination setting out the reason for termination upon (i) the willful and continued failure by the participant to substantially perform his duties with the Company after a specific, written demand is developed;  (ii) the willful engaging by the participant in conduct which is demonstrably and materially injurious to the Company, monetarily or otherwise or (iii) the participant’s conviction of a felony which impairs the participant’s ability substantially to perform his duties with the Company.
An act, or failure to act, shall be deemed “willful” if it is done, or omitted to be done, not in good faith and without reasonable belief that the action or omission was in the best interest of the Company.
5.4Good Reason.  “Good Reason” shall mean the occurrence, without the participant’s express written consent, within 24 months following a Change in Control of the Company, of any one or more of the following:
		(i)	the assignment to the participant of duties materially inconsistent with the participant’s duties, responsibilities and status prior to the Change in Control or a material reduction or alteration in the scope of the participant’s responsibilities from those in effect prior to the Change in Control;

		(ii)	a reduction by the Company in the participant’s base salary or profit sharing award as in effect prior to the Change in Control;

		(iii)	the Company requiring the participant to be based at a location in excess of twenty-five (25) miles from the location where the participant is currently based;

		(iv)	the failure by the Company or any successor to the Company to continue in effect any other Pension Plans, or its Profit Sharing Plan for Salaried Employees, Short-Term Incentive Bonus Plan, Deferred Compensation Plan, Long-Term Incentive Plan, the John Deere Stock Option Plan or any other of the Company’s employee benefit plans, policies, practices or arrangements applying to the participant or the failure by the Company to continue the participant’s participation therein on substantially the same basis, both in terms of the amount of benefits provided and the level of his or her participation relative to other participants, as existed prior to the Change in Control;

If Good Reason exists, the participant’s right to terminate his or her employment pursuant to this Subsection shall not be affected by temporary or subsequent incapacity due to physical or mental illness.  Continued employment shall not constitute consent to, or a waiver of rights with respect to, any circumstance 

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constituting Good Reason hereunder.  Retirement at less than “normal retirement age” as defined in the John Deere Pension Plan for Salaried Employees constitutes a “termination” for purposes of this Subsection.
5.5Amount.  The amount of the benefit payable under this section shall be determined in accordance with Section 3.2.
5.6Commencement and Duration.  Retirement Benefits provided under this section shall be made in a lump sum on the first day of the calendar month following the date the Participant ceases employment with the Company, except as noted in Section 3.5.  Calculation of the lump sum payment shall be made in accordance with the terms set forth in Section 3.5
5.7Deere & Company Severance Protection Agreement.  The change in control of Company provisions shown above do not apply in the event a Participant has received and executed a personal Severance Protection Agreement issued by Deere & Company.  In order for the Severance Protection Agreement to apply in lieu of the provisions shown in Section 5 above the Agreement must be effective as shown in Article I. Establishment, Term and Purpose of the Deere & Company Severance Protection Agreement.

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Section 6.Survivor Benefits
6.1Death of an Active or Disabled Participant.  In the event of the death of an active Participant or a Participant on Disability, notwithstanding Section 3.1 of this Plan,  the Surviving Spouse shall be eligible for a monthly survivor benefit provided the Participant:
		(a)	was married and eligible to retire on the date of death under early or normal retirement provisions of the Qualified Retirement Plan or

		(b)	had been married for at least one year prior to death and was on Total and Permanent Disability as provided in the Qualified Retirement Plan or

		(c)	was married for at least one year prior to death and Participant had elected the Contemporary Pension Option and was vested under the Qualified Retirement Plan or

		(d)	was married for at least one year prior to death and the Participant elected the Traditional Pension Option and had three years or more of service as an Officer.  The benefit will be reduced 1/3% of 1% for each month the Officer would have been under age 60 at the date this Surviving Spouse benefit commences.

The Surviving Spouse benefit under this Plan for a Participant who died prior to retirement as specified in 6.1 will be in the same proportion of the Participant’s benefit under Section 3 of this Plan as the Surviving Spouse benefit under the Qualified Retirement Plan bears to the Participant’s benefit under Article IV, Section 1 of the Qualified Retirement Plan.  The Surviving Spouse benefit will be payable as a monthly annuity or as a lump sum as of the first of the month following eligibility for a Surviving Spouse benefit under the Qualified Retirement Plan.
6.2Death of a Retired Participant.  The Surviving Spouse shall be eligible for a monthly survivor benefit provided:
		(a)	the Participant is eligible for a retirement benefit under this Plan and

		(b)	the Participant had not received the lump sum payment provided under Section 3.5 of this Plan and

(c)the Surviving Spouse and Participant were either:
		(1)	continuously married before the Participant’s early or normal retirement or

		(2)	the Participant had elected a Surviving Spouse benefit under Section 6.4 below.

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The survivor benefit option elected by the retired Participant under Article IV, Section 1 of the Qualified Retirement Plan shall apply to the survivor benefit payable under this Plan.  Any formula used to calculate the reduction in the retiree’s monthly benefit under the Qualified Retirement Plan shall also apply under this Plan.
6.3Commencement and Duration.  Payment of monthly death benefits provided under this section shall commence on the same date that Surviving Spouse benefits commence under the Qualified Retirement Plan.  The last payment will be made on the first day of the month of the Surviving Spouse’s death.
6.4Survivor Benefit Election After Retirement.  A Participant who retired and is receiving benefits under this Plan, for whom no survivor benefit is in effect, may elect a survivor benefit by filing a written application with the Company provided:
(1)The Participant was not married at retirement and has subsequently married, or
(2)The Participant has had a Survivor Benefit provision in effect and has remarried, and
(3)The Participant had not received a lump sum payment provided in Section 3.5 of this Plan.
The Survivor Benefit under this paragraph and any applicable reduction to the retired Participant’s benefit shall be effective with respect to benefits falling due for months commencing with the first day of the month following the month in which the Company receives an application, but in no event before the first day of the month following the month in which the retired Participant has been married to the designated spouse for one year.
On or after 1 July 1999, if the Company is notified of a designated spouse following the first day of the month in which the retired employee has been married to the designated spouse for one year, retroactive reductions and benefit adjustments will be made to the retired Participant’s pension benefit or the survivor’s benefit, in the event of a retired Participant’s death for such late notice.  These retroactive reductions will become payable for the period of time based on the date the survivor benefit would have become effective (the first day of the month following the month in which the retired Participant had been married to the designated spouse for one year).
Any Surviving Spouse benefit election by the retired Participant under Article IV, Section 1 of the Qualified Retirement Plan shall apply to the survivor benefit payable under this Plan.  Any formula used to calculate the reduction in the retired Participant’s monthly benefit under the Qualified Retirement Plan and Sections 3.2, 3.3, and 3.4 of this Plan will also apply.

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Section 7.Financing of Benefits
7.1Contractual Obligation.  It is intended that the Company is under a contractual obligation to make the payments under this Plan when due.  No benefits under this Plan shall be financed through a trust fund or insurance contracts or otherwise.  Benefits shall be paid out of the general funds of the Company.
7.2Unsecured General Creditor.  Neither the Participant nor the Surviving Spouse shall have any interest whatsoever in any specific asset of the Company on account of any benefits provided under this Plan.  The Participant’s (or Surviving Spouse’s) right to receive benefit payments under this Plan shall be no greater than the right of any unsecured general creditor of the Company.
7.3Funding.  All amounts paid under this Plan shall be paid in cash from the general assets of the Company.  Such amounts shall be reflected on the accounting records of the Company, but shall not be construed to create, or require the creation of, a trust, custodial or escrow account.  No Participant shall have any right, title or interest whatever in or to any investment reserves, accounts or funds that the Company may purchase, establish or accumulate to aid in providing the benefits under this Plan.  Nothing contained in this Plan, and no action taken pursuant to its provisions, shall create a trust or fiduciary relationship of any kind between the Company and a Participant or any other person.  Neither shall an employee acquire any interest greater than that of an unsecured creditor.
7.4Vesting.  Benefits under this Plan shall become nonforfeitable at the earlier of Disability, or Retirement under the Traditional Pension Option of the Qualified Retirement Plan after reaching age 60 or after five years of service credit and Termination or Retirement under the Qualified Retirement Plan Contemporary Pension Option.  Notwithstanding the preceding sentence, a Participant or his beneficiary shall have no right to benefits hereunder if the Company determines that he engaged in a willful, deliberate or gross act of commission or omission which is substantially injurious to the finances or reputation of the Company.  
7.5Administration.  This Plan shall be administered by the Company which shall have, to the extent appropriate, the same powers, rights, duties and obligations with respect to this Plan as it does with respect to the Qualified Retirement Plan; provided, however, that the determination of the Company as to any questions arising under this Plan, including questions of construction and interpretation shall be final, binding, and conclusive upon all persons.
7.6Expenses.  The expenses of administering the Plan shall be borne by the Company.
7.7Indemnification and Exculpation.  The agents, officers, directors, and employees of the Company and its affiliates shall be indemnified and held harmless by the Company against and from any and all loss, cost, liability, or expenses that may be imposed upon or reasonably incurred by them in connection with or resulting from any claim, action, suit, or proceeding to which they may be a party or in which they 

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may be involved by reason of any action taken or failure to act under this Plan and against and from any and all amounts paid by them in settlement (with the Company’s written approval) or paid by them in satisfaction of a judgment in any such action, suit, or proceeding.  The foregoing provision shall not be applicable to any person if the loss, cost, liability, or expense is due to such person’s gross negligence of willful misconduct.
7.8Effect on Other Benefit Plans.  Amounts credited or paid under this Plan shall not be considered to be compensation for the purposes of a qualified pension plan or any other benefit plan maintained by the Company.  The treatment of such amounts under other employee benefit plans shall be pursuant to the provisions of such plans.
7.9Tax Liability.  Pursuant to Section B-1.4, the Company may withhold from any payment of benefits hereunder an amount equal to the federal employment taxes (FICA) and federal, state local and foreign income tax obligations arising from a Participant’s participation and accrual of benefits under the Plan.
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APPENDIX A​
Article A-1​
APPLICATION; PAYMENT OF PLAN BENEFIT AFTER 2006
A-1.1Application of this Article .  Notwithstanding anything in the Plan to the contrary, the rules applicable to payment of Plan Benefits for Participants who, as of 31 December 2006, have not commenced payment are set forth in this Appendix A.  
A-1.2Retirement During Calendar Year 2007 or Later.  If a Participant Retires after 31 December 2006, his Vested Plan Benefit shall be distributed in a Lump Sum with a Payment Date that is the 15th day of the month following the date that is (a) six months and one day following (b) the date of his Retirement plus one day for every day of Vacation.  Such Lump Sum shall be calculated using lump sum equivalency factors for a lump sum which is actuarially equivalent to an immediate Single Life Annuity payable on the date determined in accordance with clauses (a) and (b) of this Section A-1.2 and shall be based on the Participant’s age on the date the Participant Retires plus one day for every day of Vacation.
A-1.3Termination During Calendar Year 2005 or Later.  If a Participant incurs a Termination during calendar year 2005 or thereafter, his Vested Plan Benefit shall be distributed in the form of a Lump Sum with a Payment Date that is the later of (a) 31 January 2007 and (b) the 15th day of the month following the date that is six months and one day after the date on which the Participant incurred a Termination.  Such Lump Sum shall be calculated using lump sum equivalency factors for a lump sum which is actuarially equivalent to a deferred Single Life Annuity payable on the earliest date the Participant would be eligible to receive unreduced benefits under the Qualified Retirement Plan and based on the Participant’s age on the Payment Date.  
A-1.4 Termination Prior to 1 January 2005.  If a Participant incurred a Termination prior to 1 January 2005, but as of 31 December 2006 had not yet commenced payment of his Vested Plan Benefit, such Vested Plan Benefit shall be paid in a Lump Sum on or before 30 November 2007.  The amount of the Participant’s Plan Benefit shall be determined in accordance with Sections 3.2 and 3.5.
	A-1.5
	Separation from Service Following a Change in Control.  If a Participant incurs a Separation from Service after 31 December 2006 and [within twenty-four calendar months] following a Change in Control, and such Separation from Service is (i) by the Company for “Cause” (as defined in Section 5.3), or (ii) by the Participant who is not Retirement Eligible for other than “Good Reason” (as defined in Section 5.4), then, notwithstanding anything herein to the contrary, such Participant's Vested Plan Benefit shall be forfeited.

A-1.6 One-Time Lump Sum.  Effective 1 January 2008, Participants shall receive an amount equal to the interest that would be credited on their Account for the period beginning on the date of Separation from Service and ending on the sixth-month anniversary thereof, determined by using an interest rate equal to the average yield in September 

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of the preceding Plan Year on 30-year Treasury Constant Maturities (as published in October by the Internal Revenue Service).  This one-time lump sum payment shall be paid at the same time as the first distribution of the Participant’s Vested Plan Benefit under the Plan.  
Participants who Separated from Service after 31 December 2004 and before 1 January 2008 shall also receive a one-time lump sum cash payment equal to the amount that such Participants would have been paid had the preceding paragraph been effective on the date of their Separation from Service, provided that the average yield in September 2007 on 30-year Treasury Constant Maturities (as published in October 2007 by the Internal Revenue Service) shall be used in determining the amount of such one-time lump sum payment.  This one-time lump sum payment shall be paid on or before 29 February 2008, but in no event earlier than the date that is six months and one day after the date of the Participant’s Separation from Service.      
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Article A-2​
DEATH and DISABILITY BENEFITS
A-2.1Application of Article A-2.
(a)Death.  This Article A-2 addresses the survivor benefit or death benefit (in each case, if any) under this Plan with respect to a Participant who incurs a Separation from Service due to his death on or after 1 January 2007.  
(b)Disability.  This Article A-2 addresses the Payment Date and the Plan Benefit of a Participant who incurs a Separation from Service due to his Disability on or after 1 January 2007.    
A-2.2No Additional Rights Because of Death.  No Vesting Solely as a Result of Death.  No survivor or death benefit shall be payable to any person under this Article A-2 in respect of a Participant unless the Participant had a Vested Plan Benefit on the date of death.
A-2.3Rules Based on Timing of Death.
(a)Survivor or Death Benefits to Unmarried Participants.  If a Participant is not married to a Surviving Spouse, has not been married to a Surviving Spouse for at least one year immediately prior to the date of death, or otherwise does not satisfy the requirements of Section 6.1:  
(1)as of the date of his Separation from Service and (i) he is an active employee (i.e., has not incurred a Separation from Service) of the Company as of the date immediately preceding his Separation from Service and (ii) such Separation from Service is by reason of the Participant’s death, no survivor benefit or death benefit with respect to such Participant’s Vested Plan Benefit, if any, shall be payable to any person and such Plan Benefit shall be forfeited as of the date of death; or
(2)as of the date of his death and his Separation from Service occurs prior to the date of death, the survivor benefit or death benefit with respect to such Participant’s Vested Plan Benefit, if any, shall be payable to such Participant’s estate in accordance with the time and form of payment set forth in Section A-1.2 or A-1.3, as applicable.
(b)Separation From Service Due to Death.  
(1)If an active Participant (i.e., a Participant who has not incurred a Separation from Service) who is Retirement Eligible and who satisfies the requirements of Section 6.1 incurs a Separation from Service due to his death and, as of the date of death, has been married to a Spouse for at least one year immediately prior to the date of death, the Surviving Spouse shall be paid a single lump sum 

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equal to 55% of the Lump Sum payable to the Participant had the Participant Retired on the date of his death.  Such Lump Sum shall be calculated using lump sum equivalency factors for a Single Life Annuity payable immediately based on the Participant's age at the date of death.  Notwithstanding anything in Section A-1.1, A-1.2 or A-1.3 to the contrary regarding the time or form of payment, such lump sum distribution to the Surviving Spouse shall be made on the 15th day of the month following the month in which the Participant dies. Effective for Participant dates of death on or after 01 July 2010, such lump sum distribution to the Surviving Spouse shall be made on the 15th day of January of the year following the Participant’s death.
(2)If an active Participant who is not Retirement Eligible and who, as of the date of death, satisfies Section 6.1 incurs a Separation from Service by reason of his death and, as of the date of death, has been married to a Spouse for at least one year immediately prior to the date of death, the Surviving Spouse shall be paid a single lump sum equal to 55% of the Lump Sum payable to the Participant had the Participant lived until the earliest date on which he would be eligible for an unreduced benefit under the Qualified Retirement Plan and then Retired.  Such lump sum payable to the Surviving Spouse shall be calculated using the lump sum equivalency factors for a Lump Sum which is actuarially equivalent to a deferred Single Life Annuity payable on the earliest unreduced benefits date under the Qualified Retirement Plan had the Participant lived to Retire and based on the Participant's age at the date of death.  The Lump Sum payable pursuant to this Section A-2.3(b)(2) shall be paid on the 15th day of the month following the month in which the Participant dies, notwithstanding anything to the contrary in Section A-1.1, A-1.2 or A-1.3 regarding the time or form of payment. Effective for Participant dates of death on or after 01 July 2010, such lump sum distribution to the Surviving Spouse shall be made on the 15th day of January of the year following the Participant’s death.
(c)One-Time Lump Sum.  Effective 1 July 2010, the surviving spouses of Participants shall receive an amount equal to the interest that would be credited on their Account for the period beginning on the date of Separation from Service and ending on the 15th of January in the year following the Participant’s death, determined by using an interest rate equal to the average yield in September of the preceding Plan Year on 30-year Treasury Constant Maturities (as published in October by the Internal Revenue Service).  This one-time lump sum payment shall be paid at the same time as the first distribution of the Participant’s Vested Plan Benefit under the Plan.

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(d)Death After Separation from Service and Prior to Payment of Lump Sum.  If a Participant dies after his Separation from Service but prior to the receipt of the Lump Sum distribution, such Lump Sum shall be determined and paid in accordance with Section A-1.2 or A-1.3, as applicable.    
A-2.4Separation from Service Due to Disability.  
(a)Separation from Service on or After 1 January 2007.  A Participant who incurs a Separation from Service due to a Disability on or after 1 January 2007, shall receive a distribution of his Plan Benefit in a Lump Sum paid in accordance with Section A-1.2 or A-1.3.  The Participant’s immediate Single Life Annuity, which is then converted into a Lump Sum in accordance with Section 3.5, shall be determined in accordance with Section 3.2 as though the Participant (i) had remained employed with the Company until the first day of the calendar month following his or her 65th birthday, (ii) received Average Pensionable Pay or Career Average Pay, as the case may be, determined as of the end of the elimination period under the John Deere Long Term Disability Plan for Salaried Employees, and (iii) then incurred a Separation from Service with the Company, except that service as an Officer shall be determined for the period of time prior to the Disability.   
(b)Separation From Service Prior to 1 January 2005.  If a Participant incurred a Separation from Service due to Disability prior to 1 January 2005, is entitled to a Plan Benefit based in part on credit for service with the Company after 31 December 2004 and, as of 1 January 2005, has not commenced payment of his Plan Benefit, such Plan Benefit shall be paid in a Lump Sum in accordance with Section A-1.2 or A-1.3; provided, however, that if the date specified for payment under Section A-1.2 or A-1.3 is prior to 30 November 2007, such Lump Sum shall be paid on or before 30 November 2007.  The amount of the Participant’s Plan Benefit shall be determined in accordance with Section 3.2 and Section A-2.4(a).
		(c)	The provisions of this Section A-2.4 shall be superseded by Section A-2.3 in the event that a Participant's death occurs prior to payment of his entire Plan Benefit.

A-2.5Return to Work Following Disability.  If a Participant who has commenced payment of his Plan Benefit returns to work with the Company following his Separation from Service due to Disability and is eligible to become a Participant upon such return to work, such Participant shall begin accruing a new Plan Benefit.  The determination of such Participant’s new Plan Benefit shall include the period beginning on the date of such Participant's initial Separation from Service and ending on his subsequent Separation from Service following his return to work.  Upon such Participant’s subsequent Separation from Service, the Participant’s new Plan Benefit shall equal his or her (i) Aggregate Plan Benefit, less (ii) the Lump Sum value of the Plan Benefit which the Participant previously received with interest credited from the date of receipt through the date of subsequent payment 

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using the interest rate described in Section 3.5, and shall be paid to the Participant in a Lump Sum in accordance with Section A-1.2 or A-1.3, as applicable, based on the date of such subsequent Separation from Service.  For purposes of this Section A-2.5, the Participant’s Aggregate Plan Benefit means the Plan Benefit the Participant would be entitled to receive had he or she remained continuously employed with the Company from his initial date of hire through the date of the Participant’s subsequent Separation from Service, recalculated pursuant to Sections 3.2-3.4 based on all service as an Officer and a non-Officer and all compensation paid by the Company, solely to the extent that such service and compensation are considered under the Traditional Pension Option or the Contemporary Pension Option, as applicable.  
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APPENDIX B​
Article B-1​
MISCELLANEOUS PROVISIONS
B-1.1Application of this Article.  For purposes of clarification, the provisions in this Appendix B supplement the provisions in Appendix A, and are effective 1 January 2007 unless otherwise provided.
B-1.2Impact of Vacation.  If a Participant’s Retirement occurs immediately prior to or during such Participant’s Vacation, then, solely for purposes of determining the amount of the Plan Benefit for a Participant, such Participant's Separation from Service shall be determined in accordance with the Prior Plan and the Participant shall be eligible to accrue benefits in accordance with the Plan until such Separation from Service; provided, however, that solely for purposes of this Section B-1.2, Vacation shall exclude any day of vacation not used by the Participant to extend his service under the Qualified Retirement Plan.  Determinations under this Plan which provide for one day to be added for each day of Vacation shall be made using the same rules and principles applied to count days of Vacation used by active employees.  (For example, weekends, holidays and scheduled shutdowns are not counted as Vacation days.)
B-1.3Impact of Leave of Absence and Special Paid Leave of Absence.  
(a)Leave of Absence.  If a Participant who has commenced payment of his Plan Benefit returns to work with the Company following his Separation from Service due to an approved Leave of Absence and is eligible to become a Participant upon such return to work, such Participant shall begin accruing a new Plan Benefit.  Upon such Participant’s subsequent Separation from Service, the Participant’s new Plan Benefit shall equal his or her (i) Aggregate Plan Benefit, less (ii) the Plan Benefit which the Participant previously received with interest credited annually using the interest rate described in Section 3.5, and shall be paid to the Participant in a Lump Sum in accordance with Section A-1.2 or A-1.3, as applicable, based on the date of such subsequent Separation from Service.  For purposes of this Section B-1.3, the Participant’s Aggregate Plan Benefit means the Participant’s Plan Benefit determined as though the Participant had never commenced payment of his Plan Benefit upon the original Separation from Service, recalculated pursuant to Sections 3.2-3.4 based on all service as an Officer or Executive and a non-Officer and all compensation paid by the Company, solely to the extent that such service and compensation are considered under the Traditional Pension Option or the Contemporary Pension Option, as applicable.  
(b)Special Paid Leave of Absence.  Solely for purposes of determining the amount of such Participant’s Vested Plan Benefit, a Participant who incurs a Separation from Service by reason of a Special Paid Leave of Absence shall receive a distribution of 

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his Plan Benefit in a Lump Sum paid in accordance with Section A-1.3.  The Participant’s immediate Single Life Annuity, which is then converted into a Lump Sum in accordance with Section 3.5, shall be determined in accordance with Section 3.2 as though the Participant (i) had remained employed with the Company until the expiration of such Participant’s Special Paid Leave of Absence, (ii) received Average Pensionable Pay or Career Average Pay, as the case may be, determined as of the date of the Participant’s commencement of the Special Paid Leave of Absence, and (iii) then incurred a Separation from Service with the Company.  
B-1.4No Acceleration or Delay.  The Administrator shall not accelerate or delay payment under the Plan except to the extent that such acceleration (including as a result of a “change in control” within the meaning of the default provisions of Section 409A) or delay shall not cause any person to incur additional taxes, interest or penalties under Section 409A (“Section 409A Compliance”).
B-1.5Interpretation Consistent with Section 409A Compliance. To the extent interpretation of the Plan is required, such interpretation shall be consistent with Section 409A Compliance.
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Article B-2​
AMENDMENT AND TERMINATION
B-2.1Amendment and Termination.  Notwithstanding any provision in this Plan to the contrary, the Board of Directors, the Committee, or the Deere & Company Management Compensation Committee shall have the unilateral right to amend, modify or terminate the Plan at any time.  The Vice President of Human Resources of the Company shall have the unilateral right to amend or modify the Plan to the extent the Vice President of Human Resources of the Company deems such action to be necessary or advisable to avoid the imposition on any person of adverse or unintended tax consequences under Section 409A.  Any determinations made by the Board of Directors, the Committee, the Management Compensation Committee, or the Vice President of Human Resources of the Company under this Section B-2.1 shall be final, conclusive and binding on all persons.
B-2.2Plan Benefit in the Event of Termination.  With respect to a Participant’s Plan Benefit, if the Plan is terminated, Plan Benefits shall be paid in accordance with Appendix A, unless the Board of Directors or the Committee, in its discretion and in full and complete settlement of the Company’s obligations under this Plan, causes the Company to distribute the full amount of a Participant’s then accrued and Vested Plan Benefit to the Participant in a Lump Sum; provided, that such distribution may be effected in a manner that will result in Section 409A Compliance.      
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Article B-3​
DEFINITIONS
B-3.1Section References.  All references to sections are, unless otherwise indicated, references to sections of the Plan, including the appendices.
B-3.2Terms Defined.  Except as otherwise provided, whenever used in Appendix A, the following terms shall have the meanings set forth below:
(a)“Annuity” means a Single Life Annuity or a Joint and Survivor Annuity.
(b)“Committee” means the Company’s Pension Plan Oversight Committee.
		(c)	“Joint and Survivor Annuity” shall have the meaning set forth in the Qualified Retirement Plan.

		(d)	“Lump Sum” means the actuarial equivalent of a Participant’s Plan Benefit payable in a single cash lump sum on the Payment Date.

		(e)	“Payment Date” means the date the Participant receives his Plan Benefit, in all cases in accordance with the applicable provisions of the Plan.

		(f)	“Plan Benefit” means, as of a given date, the total benefit payable under the Plan to a Participant, expressed as a Single Life Annuity in accordance with the rules of Section 3.2, commencing on the Participant’s Normal Retirement Date or Postponed Retirement Date, as applicable, that a Participant has accrued under the Plan.

		(g)	“Prior Plan” means the terms of the Plan in effect immediately prior to 1 January 2005, as set forth in the Company’s written documents, rules, practices and procedures applicable to this Plan.

		(h)	“Retirement” or “Retire” means a Separation from Service by a Participant who is then Retirement Eligible.

		(i)	“Retirement Eligible” means eligible for a normal retirement benefit or an early retirement benefit within the meaning of the terms of the Qualified Retirement Plan in effect as of 1 January 2007.

		(j)	“Section 409A” means Section 409A of the Code and the applicable rulings and regulations promulgated thereunder.

(k)“Section 409A Compliance” has the meaning set forth in Section B-1.4.
		(l)	“Separation from Service” means, with respect to a Participant, a separation from service within the meaning of the default rules of Section 409A; provided that:

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		(1)	for purposes of determining which entities are treated as a single “service recipient” with the Company, the phrase “at least 20 percent” shall be substituted for the phrase “at least 80 percent” each place it appears in Sections 1563(a)(1), (2) and (3) of the Code and Section 1.414(c)-2 of the Treasury Regulations, as permitted under Section 1.409A-1(h)(3) of the Treasury Regulations; and

		(2)	a Participant absent from work due to Disability shall incur a Separation from Service 29 months after the date on which the Participant was first Disabled.

		(m)	“Single Life Annuity” means a Participant’s Plan Benefit payable in monthly installments over the life of the Participant, commencing as of the Payment Date and ending with the payment due for the month in which the Participant dies, with no further payments on his behalf after his death.

		(n)	“Special Paid Leave of Absence” has the meaning set forth in the Deere & Company Policy for Special Paid Leave of Absence for Salaried Employees. 

		(o)	“Termination” means a Separation from Service by a Participant who is not Retirement Eligible.

		(p)	“Vacation” means one or more days, as the case may be, of such vacation to which the Participant is entitled pursuant to the policies and practices of the Company then in effect and (i) as of the date of the Participant’s Separation from Service, deferred from a prior anniversary year and unused as of such Separation from Service, (ii) earned in the current anniversary year and unused as of such Separation from Service and (iii) if a Participant’s Vacation described in clause (i) or (ii) of this definition is used in the anniversary year following the anniversary year in which such Separation from Service occurs, earned in such following anniversary year, whether or not used by the Participant.

		(q)	“Vested Plan Benefit” means the portion of the Participant’s Plan Benefit that has vested in accordance with Article 3.

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EXHIBIT I
	​
	TITLES AS OF 
1 NOVEMBER 1996
	OFFICER SINCE

	​
	​
	​

	Hans W. Becherer
	Chairman & COO & CEO
	26 Apr 1977
(Retired)
​

	Bernard L. Hardiek
	President, Worldwide
Ag. Equipment Division
	26 Aug 1987
(Retired)

	​
	​
	​

	Ferdinand F. Korndorf
	President, Worldwide
Commercial & Consumer Equipment Division
	23 Sep 1991
(Retired)

	​
	​
	​

	John K. Lawson
	Sr. VP, Engineering,
Information & Technology
	27 Feb 1985
(Retired)

	​
	​
	​

	Eugene L. Schotanus
	Executive VP
Financial Services
	29 Jan 1974
(Retired)

	​
	​
	​

	Joseph W. England
	Sr. VP, Worldwide Parts
& Corp. Administration
	29 Jan 1974
(Retired)

	​
	​
	​

	Pierre E. Leroy
	President, Worldwide
Industrial Equipment Div.
	12 Dec 1985
(Retired)

	​
	​
	​

	Michael S. Plunkett
	Sr., VP, Engineering,
Technology & HR
	29 Jan 1980
(Retired)

	​
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	​

	Frank S. Cottrell
	VP, General Counsel
& Corporate Secretary
	26 Aug 1987
(Retired)

	​
	​
	​

	Robert W. Lane
	Chairman & CEO
	16 Jan 1996
(Retired) 
​

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​

	​
	TITLES AS OF 
1 NOVEMBER 1996
	OFFICER SINCE

	​
	​
	​

	John S. Gault
	former VP, Engr., Info, & Tech.
GM, Harvester
	01 Jan 1994
(Retired)

	​
	​
	​

	Glen D. Gustafson
	former Comptroller
Dir., Bus. Planning
	28 Jul 1981
(Retired)

	​
	​
	​

	Robert W. Porter
	Sr. VP, North American
Ag. Marketing
	16 Nov 1994
(Retired)

	​
	​
	​

	Adel A. Zakaria
	Executive VP, Global Tractor & Implement Sourcing
	01 Apr 1992
(Retired)

	​
	​
	​

	James D. White
	Sr. VP, Manufacturing
	26 Aug 1987
(Retired)

	​
	​
	​

	Mark C. Rostvold
	Sr. VP, Worldwide
Commercial & Consumer
Equip. Division
	26 Aug 1987
(Retired)

	​
	​
	​

	Dennis E. Hoffmann
	President
John Deere Insurance
	05 Dec 1990
(Retired)

	​
	​
	​

	Michael P. Orr
	President
John Deere Credit Company
	05 Dec 1990
(Retired)

	​
	​
	​

	Richard J. VanBell
	President
John Deere Health Care
	16 Jan 1994
(Retired)

​

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​

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