Document:

EX-10.44

 Exhibit 10.44 
 SUMMARY OF COMPENSATION ARRANGEMENTS 
 WITH NON-EMPLOYEE DIRECTORS

 (Effective as of December 31, 2013) 
 The following summarizes the compensation and benefits received by the non-employee Directors of CryoLife as of December 31, 2013. It is intended to be a summary of compensation arrangements, and in no
way is intended to provide any additional rights to any non-employee Director. 
 Annual Retainer and Committee Chair Fees 

Each of the non-employee Directors of the Board of Directors of CryoLife receives an annual cash retainer of $40,000. Each committee chair
also receives a fee in addition to the annual cash retainer in the amounts shown in the following table. 
  

					
	 Annual Fees For Committee Chairs
	  	 	 
	 Audit Committee
	  	$	15,000	  
	 Compensation Committee
	  	$	10,000	  
	 Nominating and Corporate Governance Committee
	  	$	7,500	  
	 Regulatory Affairs and Quality Assurance Policy Committee
	  	$	7,500	  

 The Presiding Director also receives an additional $25,000 retainer paid in cash. CryoLife pays all cash
retainers on a monthly basis. Currently, the Presiding Director is also the Chairman of the Nominating and Corporate Governance Committee and he does not receive any additional compensation for his position as Chairman of that committee. 

Effective June 1, 2013, each committee member other than the Presiding Director also receives a fee, in addition to the annual cash
retainer, in the amounts shown in the following table. 
  

					
	 Annual Fees For Committee Members
	  	 	 
	 Audit Committee
	  	$	7,500	  
	 Compensation Committee
	  	$	5,000	  
	 Nominating and Corporate Governance Committee
	  	$	3,750	  
	 Regulatory Affairs and Quality Assurance Policy Committee
	  	$	3,750	  

 Restricted Stock Grants 
 Non-employee Directors of CryoLife are eligible for equity grants, which are generally made in May of each year. The annual equity portion of nonemployee Director compensation for fiscal 2013 was paid in
the form of a grant of 10,000 shares of restricted stock. These shares were issued following the annual meeting of stockholders and vest on the first anniversary of issuance. The size and terms of the annual equity grant are subject to annual
reevaluation by the Compensation Committee. If a Director ceases to serve as a Director for any reason, he will forfeit any unvested portion of the award.EX-10.6(l)

 Exhibit 10.6(l) 
 WRITTEN ACTION OF 
 OFFICER OF 

U.S. BANCORP 
 (Adoption of Thirteenth Amendment to 
 U.S. Bank Non-Qualified Retirement
Plan) 
 I, Jennie Carlson, certify that I am the Executive Vice President, Human Resources of U.S. Bancorp, a Delaware
corporation, and that, pursuant to authority granted in the U.S. Bank Non-Qualified Retirement Plan (2002 Statement), I take the following actions: 
 The document entitled “Thirteenth Amendment of U.S. Bank Non-Qualified Retirement Plan (2002 Statement)” is approved and adopted. 
 I certify that the document attached is a true and correct copy of the amendment. 
  

							
				
	Dated: December 23, 2013	 		 		 	/s/ Jennie Carlson
		 		 		 	Jennie Carlson
		 		 		 	Executive Vice President, Human Resources

 THIRTEENTH AMENDMENT 

OF 
 U.S.
BANK NON-QUALIFIED RETIREMENT PLAN 
 The U.S. Bank
Non-Qualified Retirement Plan (the “Plan”) is amended as provided below. This amendment is intended to clarify the Plan. The amendment below is not intended to make any changes that would cause a
violation of section 409A of the Internal Revenue Code or its accompanying regulations. If a change in this amendment is determined to be a violation of section 409A, the amendment shall not be effective and shall be disregarded with respect to the
rules governing benefits under the Plan. 
 1. CALCULATION OF EXCESS BENEFIT. Effective January 1, 2013, with respect to benefit
accruals on and after that date, a new final paragraph shall be added to Section 4.1 that reads as follows: 

Notwithstanding the foregoing, if a Participant is receiving benefits under the Company’s or an Employer’s long-term disability plan, the
Participant shall cease accruing an Excess Benefit under this Plan (even if the Participant continues to accrue a benefit under the Qualified Plan) on the earlier of the following: 

 

	 	(i)	the first day of the month the Participant’s benefit under this Plan is distributed to the Participant, or 

 

	 	(ii)	the later of (i) the Participant’s attainment of age 62, or (ii) the Participant’s Separation from Service. 

In the context of a Participant who is determined to be Disabled, a Participant’s Separation from Service is the date the Participant is terminated
from regular employment on the Employer’s payroll and personnel records (subject to section 409A of the Code). 
 2. NON-GRANDFATHERED
AMOUNTS – OPTIONAL FORMS OF PAYMENT (ANNUITY PAYMENT). Effective January 1, 2013, the first sentence of the second paragraph of Section 4.3.1 of the Plan Statement shall be amended to replace the current clause (ii) that reads
“on or before the date of the Participant’s Separation from Service,” with “before the date for the first annuity payment,”. 
 3. NON-GRANDFATHERED AMOUNTS – OPTIONAL FORMS OF PAYMENT (SINGLE LUMP SUM FORM OF PAYMENT). Effective January 1, 2013 (and as previously provided under component documents),
Section 4.3.1 of the Plan Statement shall be amended to read as follows: 
 Notwithstanding the foregoing, a Participant
who has a non-grandfathered supplemental benefit under the Plan who cannot elect a single lump sum for the supplemental benefit and has not commenced payment shall not be able to elect a single lump sum payment for the excess benefit. 

For purposes of clarity, the foregoing shall apply prospectively and not alter or affect elections already made under the Plan. 

  
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 4. SMALL AMOUNTS. Effective January 1, 2013 (provided that the changes with respect to Grandfathered
Amounts are not a material modification), Section 4.5 of the Plan Statement shall be amended to read as follows: 
 4.5. Small
Amounts . 
 4.5.1. Non-Grandfathered Benefit with Value Equal to or Less Than the Applicable Dollar Amount Under
Section 402(g)(1)(B). On and after a Participant’s Separation from Service, the following small amount cash out rules shall apply to the Participant’s non-grandfathered benefit (if any) under the Plan. 

 

	 	(a)	Non-Account Balance Benefit. If the Actuarially Equal single lump value of a Participant’s non-account Excess Benefit and benefits under all of the
Company’s non-account balance deferred compensation plans (within the meaning of section 409A of the Code and applicable guidance thereunder) is not greater than the applicable dollar limit under section 402(g)(1)(B) of the Code (as
adjusted from time to time), the Participant’s Excess Benefit and benefits under all of the Company’s non-account balance deferred compensation plans (within the meaning of section 409A of the Code) may be paid in a single lump sum
payment as soon as administratively feasible following the date it is less than that amount. 

  

	 	(b)	Non-Elective Account Balance Benefit. If the Actuarially Equal single lump value of a Participant’s non-elective account balance Excess Benefit (such as the
excess benefit on the 2010 cash and benefits under all of the Company’s non-elective account balance deferred compensation plans (within the meaning of section 409A of the Code and applicable guidance thereunder) is not greater than the
applicable dollar limit under section 402(g)(1)(B) of the Code (as adjusted from time to time), the Participant’s non-elective account balance Excess Benefit and benefits under all of the Company’s non-elective account balance
deferred compensation plans (within the meaning of section 409A of the Code) may be paid in a single lump sum payment as soon as administratively feasible following the date it is less than that amount. 

4.5.2. Grandfathered Amount with Value Equal to or Less Than the Applicable Dollar Amount Under Section 402(g)(1)(B) (where
Participant does not have a Non-Grandfathered Benefit). On and after a Participant’s Separation from Service, the following small amount cash out rules shall apply to the Participant’s Grandfathered Amount (if any) under the Plan. If
the Actuarially Equal single lump value of a Participant’s Grandfathered Amount and grandfathered benefits under all of the Company’s deferred compensation plans (within the meaning of section 409A of the Code and applicable guidance
thereunder) is not greater than the applicable dollar limit under section 402(g)(1)(B) of the Code (as adjusted from time to time), the Participant’s Grandfathered Amount and grandfathered benefits under all of the Company’s deferred
compensation plans (within the meaning of section 409A of the Code) may be paid in a single lump sum payment as soon as administratively feasible following the date it is less than that amount. 

  
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 4.5.3. Non-Grandfathered Benefit and Grandfathered Amount . On and after a
Participant’s Separation from Service, if a Participant has a non-grandfathered benefit (either non-account benefit, non-elective account benefit, or both) and a Grandfathered Amount, the determination of whether an amount may be cashed out
shall be independently made with respect to (i) the non-Grandfathered, non-account balance benefit, (ii) the non-Grandfathered, non-elective account balance benefit, and (iii) the Grandfathered Amount as to whether the value of any
one of them is not greater than the applicable dollar limit under section 402(g)(1)(B) of the Code (as adjusted from time to time). If so, then the rules under Section 4.5.1 and Section 4.52 (as applicable) shall apply. 

5. NON-GRANDFATHERED BENEFITS – OPTIONAL FORMS OF PAYMENT. Effective January 1, 2013, Section 6.3.1 of the Plan Statement shall be
amended such that clause (d) shall be amended to add “or” after the semi-colon at the end of the clause, clause (e) shall be amended to delete “; or” at the end of the clause and replace them with “.”, and
clause (f) shall be deleted. 
 6. SAVINGS CLAUSE. Save and except as expressly amended above, the Plan shall continue in full force
and effect. 

  
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