Document:

ExxonMobil Additonal Payments Plan

 EXHIBIT 10(iii)(c.3) 

EXXONMOBIL ADDITIONAL PAYMENTS PLAN 
  

1. Purpose 
  

The purpose of this Plan is to provide additional payments from the general assets of Exxon Mobil Corporation (the “Corporation”) to certain
persons. The benefits payable under this Plan consist of two types of pension benefits and a disability benefit. The first pension benefit is a benefit based upon the person’s final average incentive compensation (“Incentive Pension
Benefit”). The second pension benefit restores certain benefits that are accrued under a pension plan sponsored by a non-U.S. affiliate of the Corporation but which are not paid (“Overseas Makeup Benefit”). The disability benefit is
based on incentive compensation and is paid in the event of a long-term disability (“Disability Benefit”). 
  

2. Incentive Pension Benefits 
  

	2.1	 	Eligibility 

 A person is
eligible to receive Incentive Pension Benefits only if the person satisfies at either of the following requirements: 

	 	(A)	 	the person becomes a retiree within the meaning of the ExxonMobil Common Provisions (“retiree”); or 

	 	(B)	 	in the case of an individual who after terminating employment from the Corporation or any of its affiliates continues employment with Infineum USA Inc. or one of its
affiliates (collectively, “Infineum”), becomes a qualified plans retiree within the meaning of the ExxonMobil Common Provisions (“qualified plans retiree”). 

  

	2.2	 	Benefit Formula 

	 	(A)	 	In General 

 Except as
provided in section 2.3 below with respect to former Mobil employees, as defined in the ExxonMobil Common Provisions (“Former Mobil Employees”), the amount of a person’s Incentive Pension Benefit is determined by multiplying 1.6% of
the person’s final average incentive compensation by the person’s years of pensionable service as determined under the ExxonMobil Pension Plan (reduced, but not below zero, by the equivalent amount, if any, determined with respect to the
person under the ExxonMobil Key Employee Additional Payments Plan), and dividing the amount so derived by twelve. The amount so derived is expressed in the form of a monthly five-year certain and life annuity for the life of the person commencing at
the person’s age 65 (“Normal Retirement Age”). 

	 	(B)	 	Final Average Incentive Compensation 

 For the purposes of paragraph (A) above, a person’s “final average incentive compensation” shall be determined in accordance with this paragraph (B). 

  
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	 	(1)	 	Calculation 

  

	 	(a)	In General 

 If a
person’s eligibility for Incentive Pension Benefits arises from section 2.1(A) above, the person’s final average incentive compensation is the average of the person’s three highest annual bonus awards (including awards of zero, if
any) under the Corporation’s Incentive Programs awarded on any of the five most recent annual award dates immediately preceding the person’s termination of employment. 

	 	(b)	Corporate Acquisitions 

For purposes of applying paragraph (A) above to a person who commences employment with the Corporation or one of its affiliates in
connection with a corporate acquisition, incentive compensation paid by the person’s former employer that is the equivalent of bonus awards payable under the Corporation’s Incentive Program may be taken into account as determined by the
management of the Corporation in its sole discretion. Management shall have the discretion to exclude any and all prior employer compensation for purposes of this paragraph (b). 

 

	 	(2)	 	Infineum Participants 

If a person’s eligibility for Incentive Pension Benefits arises from Section 2.1(B) above, the person’s final average
incentive compensation is the sum of the three highest annual bonus awards under the Corporation’s Incentive Programs, if any, during the five-year period immediately prior to the person’s termination of employment from Infineum, divided
by three. 
  

	 	(3)	 	Annual Bonus Award 

	 	(a)	Items Used in Calculation 

For purposes of this paragraph (B), in determining the amount of a person’s annual bonus award, only awards granted under the
short-term incentive part of the Incentive Programs as cash and bonus units are considered. 

	 	(b)	Item Excluded From Calculation 

 For purposes of this paragraph (B), in determining the amount of a person’s annual bonus award, an award to a person characterized by the granting authority as a special one-time bonus is
disregarded, unless deemed specifically includable by the granting authority at the time of grant. 

	 	(c)	Calculation of Annual Bonus Award 

 If an annual bonus award is granted as bonus units, the maximum settlement value obtainable at the time of the grant shall be used in calculating the value of the award. 

  
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	2.3	 	Benefit Formula for Former Mobil Employee 

  

	 	(A)	 	In General 

 Incentive
Pension Benefits for Former Mobil Employees who retire with eligibility for Incentive Pension Benefits under section 2.1 above shall be determined under this section 2.3. The amount of a person’s Incentive Pension Benefit calculated under this
section 2.3 is the smaller of 
  

	 	(1)	 	the amount of the person’s Incentive Pension Benefit otherwise determined under section 2.2 above based on all of the person’s pensionable service under the
ExxonMobil Pension Plan, or 

	 	(2)	 	the amount determined by first calculating the person’s Overall Benefit Objective under paragraph (B) below, then subtracting therefrom the person’s
Qualified Benefit Objective calculated under paragraph (C) below and the person’s nonqualified PSSP benefit, if any, determined under paragraph (D) below. 

The resulting amount is expressed as a monthly five-year certain and life annuity for the life of the person commencing at the
person’s Normal Retirement Age. 

	 	(B)	 	Overall Benefit Objective 

  

	 	(1)	 	In General 

 A
person’s Overall Benefit Objective is the greater of 
  

	 	(a)	the sum of the person’s Mobil Benefit described in paragraph (2) below and the person’s Post-Mobil Benefit described in paragraph (3) below, or

	 	(b)	the person’s Overall ExxonMobil Benefit described in paragraph (4) below. 

	 	(2)	 	Mobil Benefit 

 A
person’s Mobil Benefit is the person’s accrued benefit under the Retirement Plan of Mobil Oil Corporation and the Supplemental Pension and Annuity Program of Mobil Oil Corporation up through the date the person becomes a participant in the
ExxonMobil Pension Plan, based on service and compensation up through the date the person becomes a participant in the ExxonMobil Pension Plan. 

	 	(3)	 	Post-Mobil Benefit  

 A
person’s Post-Mobil Benefit is the person’s accrued benefit described in paragraph (4) below based only on the person’s pensionable service after the person becomes a participant in the ExxonMobil Pension Plan. 

	 	(4)	 	Overall ExxonMobil Benefit 

 A person’s Overall ExxonMobil Benefit is the sum of 
  

	 	(a)	the person’s accrued benefit under the ExxonMobil Pension Plan (including the Pre-Social Security Pension benefit) without any application of the limits under Code
section 415 or 401(a)(17), and 

	 	(b)	the amount of the person’s Incentive Pension Benefit otherwise determined under section 2.2 above, based on all of the person’s pensionable service under the
ExxonMobil Pension Plan. 

  
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	 	(5)	 	Rules for Calculation 

In calculating a person’s Mobil Benefit, Post-Mobil Benefit and Overall ExxonMobil Benefit, the Plan administrator shall apply rules
similar to those contained in section 2.7 of the ExxonMobil Pension Plan for purposes of calculating the person’s frozen Mobil benefit, post-Mobil benefit, and ExxonMobil benefit, respectively. 

	 	(C)	 	Qualified Benefit Objective 

 A person’s Qualified Benefit Objective is the person’s accrued benefit under the ExxonMobil Pension Plan, including the person’s Pre-Social Security Pension. 

	 	(D)	 	Nonqualified PSSP Benefit 

A person’s Nonqualified PSSP Benefit is the excess, if any, of 

	 	(1)	 	the amount of the person’s Pre-Social Security Pension benefit calculated in connection with the person’s Overall Benefit Objective under paragraph
(B) above, over 

	 	(2)	 	the amount of the person’s Pre-Social Security Pension benefit or the equivalent thereof under Part 2 of the ExxonMobil Pension Plan calculated in connection with
the person’s Qualified Benefit Objective under paragraph (C) above. 

	 	(E)	 	Plan Administrator Discretion 

 The procedure for calculating the Incentive Pension Benefit for former Mobil employees under this section 2.3, including the calculation of the benefit comparisons, offsets and reductions, shall be
determined in the sole and exclusive discretion of the Plan Administrator. To the extent applicable, the Plan Administrator shall follow the procedures established under the ExxonMobil Pension Plan for performing similar benefit calculations.

  

	2.4	 	Offset for Similar Benefits 

 If a participant under this Plan is also entitled to payments comparable to the Incentive Pension Benefit for any portion of the same years of pensionable service under a plan of a service-oriented
employer, as defined in the ExxonMobil Common Provisions, other than the Corporation, the amount of the Incentive Pension Benefit is reduced by the respective amount of such comparable payments. In any given case, the Plan Administrator may
determine the precise amount of this offset and if a conversion of currency computation is required, may follow the process established under the ExxonMobil Pension Plan. 

 

	2.5	 	Lapse of Incentive Pension Benefit 

 The portion of any Incentive Pension Benefit deriving from a provisionally granted bonus that is subsequently annulled lapses as of the date of such annulment. 

  
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 3. Overseas Makeup Benefit 
  

	3.1	 	Eligibility 

 A person is
eligible to receive an Overseas Makeup Benefit if the following conditions are met as determined by the Plan Administrator: 
  

	 	(A)	 	the person accrues a benefit under a pension plan (“non-U.S. plan”) sponsored by a non-U.S. affiliate of the Corporation; 

	 	(B)	 	the person terminates active participation in the non-U.S. plan and simultaneously becomes a participant in the ExxonMobil Pension Plan or predecessor plan;

	 	(C)	 	as a result of terminating active participant status under the non-U.S. plan, the person loses eligibility for all or a portion of the benefit under the non-U.S. plan
accrued prior to termination; and 

	 	(D)	 	the amount of the lost benefit is not provided under the terms of the ExxonMobil Pension Plan, the ExxonMobil Supplemental Pension Plan, or otherwise under this Plan.

  

	3.2	 	Benefit Formula 

 The
amount of the Overseas Makeup Benefit is the amount, expressed as a monthly benefit in the form of a five-year certain and life annuity, that is the actuarial equivalent of the lost benefit under the non-U.S. plan. Such amount shall be conclusively
determined by the Plan Administrator. 
  
 4.
Payment of Pension Benefits 
  

	4.1	 	Timing of Payment 

  

	 	(A)	 	In General 

 Except as
provided under paragraph (B) below, payment of a person’s Incentive Pension Benefit and, if applicable, Overseas Makeup Benefit shall occur as soon as practicable following the later to occur of the following: 

	 	(1)	 	The person’s retirement from ExxonMobil; or 

	 	(2)	 	In the case of a person who, immediately prior to his or her retirement, has a Classification Level of 37 or above (“Key Employee”), the six-month anniversary
of the person’s retirement. 

	 	(B)	 	Exception for Disability Retirees 

 In the case of a person who retires with eligibility for Disability Benefits under article 6 below prior to the first of the month in which the person attains age 55, payment of such benefit shall occur
as of the first of the month in which the person attains age 55, or as soon as practicable thereafter. 
  

	4.2	 	Reduction for Early Commencement 

 If a payment under section 4.1 above occurs prior to the month in which the person reaches Normal Retirement Age, it is reduced by applying the early commencement factors specified under the ExxonMobil
Pension Plan for a benefit commencing at the person’s then age. 

  
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	4.3	 	Form of Payment 

 Payment
of a person’s Incentive Pension Benefit or Overseas Makeup Benefit shall be made in a lump sum that is the actuarial equivalent of the five-year-certain and life annuity. For this purpose, actuarial equivalence shall be determined by the Plan
Administrator using the factors and procedures that are used for the calculation of the lump-sum payment option under the ExxonMobil Pension Plan. 
  

	4.4	 	Adjustment for Key Employees 

 If payment of a Key Employee’s Incentive Pension Benefit and/or Overseas Makeup Benefit is delayed for six months following retirement because of the requirement set out in section 4.1(A)(2) above,
then instead of the lump-sum benefit calculated under section 4.3 above, the person shall receive a lump-sum benefit equal to the greater of the following: 
  

	 	(A)	 	The lump-sum payment that would otherwise have been calculated for the person under section 4.3 above as if he were not a Key Employee, based on the payment date that
would have applied to the individual if he were not a Key employee and on the actuarial factors applicable as of such date under the ExxonMobil Pension Plan, plus interest for the period of delayed payment; or 

	 	(B)	 	A lump-sum that is the actuarial equivalent of the person’s five-year-certain and life annuity calculated as of the delayed payment date and using the actuarial
factors applicable as of the six-month anniversary of the person’s retirement date. 

 Interest shall be
credited under paragraph (A) above, at a rate equal to the Citibank prime lending rate in effect on the date the person separates from employment. 
  

5. Death Benefit 
  

	5.1	 	In General 

 If a person
dies who, at the time of his death, 
  

	 	(A)	 	is an active employee with 15 or more years of Benefit Plan Service, as determined under the ExxonMobil Common Provisions, or 

	 	(B)	 	had retired with eligibility for an Incentive Pension Benefit and/or a Overseas Makeup Benefit and had not received such benefit, a lump-sum death benefit shall be
payable to the person’s beneficiary (as determined under section 5.2 below). The death benefit payable to the person’s beneficiary shall be the lump-sum equivalent value of the amount of the Pension Benefit and Overseas Makeup Benefit to
which the person was or would have been entitled. For this purpose, equivalent value shall be determined by the Plan Administrator using the factors and procedures that are used for the calculation of similar benefits under the ExxonMobil Pension
Plan. 

  
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	5.2	 	Designation of Beneficiaries 

  

	 	(A)	 	In General 

 A person may
name one or more designated beneficiaries to receive payment of the death benefits payable under section 5.1 above in the event of the person’s death. Beneficiary designations shall be made in accordance with such procedures as the Plan
Administrator may establish. Spousal consent to any such designation is not required. 

	 	(B)	 	Default Beneficiaries 

	 	(1)	 	In General 

 If no
specific designation is in effect, the deceased’s beneficiary is the person or persons in the first of the following classes of successive beneficiaries living at the time of death of the deceased: 

 

	 	(a)	spouse; 

	 	(b)	children who survive the deceased or who die before the deceased leaving children of their own who survive the deceased; 

	 	(c)	parents; 

	 	(d)	brothers and sisters who survive the deceased or who die before the deceased leaving children of their own who survive the deceased. 

If there are no members of any class of such beneficiaries, payment is made to the deceased’s executors or administrators.

  

	 	(2)	 	Allocation Among Default Beneficiaries 

 If the same class of beneficiaries under paragraph (1) above contains two or more persons, they share equally, with further subdivision of such equal shares as next provided. In class (b), where a
child dies before the deceased leaving children who survive the deceased, such child’s share is subdivided equally among those children. In class (d), where a brother or sister dies before the deceased leaving children who survive the deceased,
such brother or sister’s share is subdivided equally among those children. 

	 	(3)	 	Definitions 

 For
purposes of this section 5.4, “child” means a person’s son or daughter by legitimate blood relationship or legal adoption; “parent” means a person’s father or mother by legitimate blood relationship or legal adoption;
“brother” or “sister” means another child of either or both of one’s parents. 

  
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 6. Disability Benefit 
  

	6.1	 	Nature of Disability Benefits 

 The benefits provided under this article 6 (“Disability Benefits”) are in the nature of long-term disability benefits, payable on account of and for the duration of a person’s incapacity on
account of disability. These Disability Benefits are intended to qualify as employee welfare benefits under ERISA and as “disability pay” under section 409A of the Internal Revenue Code and its supporting regulations, thereby being exempt
from the scope and application of section 409A. 
  

	6.2	 	Payment of Disability Benefit 

 If a person who becomes a retiree also becomes entitled to long-term disability benefits under the ExxonMobil Disability Plan, the person shall receive monthly Disability Benefits under this Plan. Such
Disability Benefits shall commence at the time the person commences long-term disability benefits under the ExxonMobil Disability Plan and shall continue as long as entitlement to long-term disability or transition benefits under such plan
continues. 
  

	6.3	 	Benefit Formula 

  

	 	(A)	 	In General 

 The amount of
each monthly Disability Benefit payable to a person is determined by dividing one-half of the person’s final average incentive compensation, determined under section 2.2(B) above, by 12 and deducting therefrom the offset described in paragraph
(B) below. 
  

	 	(B)	 	Offset 

 Commencing with
the month in which a person’s Incentive Pension Benefit is paid, the amount of the person’s monthly Disability Benefit shall be reduced by the monthly amount of the person’s Incentive Pension Benefit and/or Overseas Makeup Benefit
(expressed as a five-year-certain and life annuity). In the case of a Key Employee, the offset provided under this paragraph (B) shall be applied beginning with the month his or her Incentive Pension Benefit would have been paid if he or she
were not a Key Employee. 
  

	6.4	 	Offset for Similar Benefit 

If a person receiving Disability Benefits hereunder is also entitled to comparable payments under a plan of a service-oriented employer
(as defined in the ExxonMobil Common Provisions) other than the Corporation under circumstances where the Plan Administrator determines that such benefits are duplicative of the Disability Benefits payable hereunder, then such Disability Benefits
shall be reduced by the amount of such comparable payment. In any given case, the Plan Administrator may determine the precise amount of this offset and if a conversion of currency computation is required, may follow the process established under
the ExxonMobil Pension Plan. 

  
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	6.5	 	Disability Death Benefit 

  

	 	(A)	 	Death During Employment 

If a person dies as an active employee with 15 or more years of Benefit Plan Service, as determined under the ExxonMobil Common
Provisions, then the person’s beneficiary (as determined under section 5.2 above) shall receive a disability death benefit equal to the present value of 60 monthly installments of the person’s Disability Benefit, calculated as if the
person had become eligible for Disability Benefit payments on the day prior to death. For purposes of this paragraph (A), the value of the person’s Disability Benefit installments shall be determined by applying the offset under section 6.3(B)
above as if the person’s Incentive Pension Benefit and/or Overseas Makeup Benefit were payable at the time of death. 
  

	 	(B)	 	Death After Commencement of Disability Retirement Payments 

 If a person dies while receiving Disability Benefits under this article 6 but before the receipt of 60 monthly installments, the person’s beneficiary (as determined under section 5.2 above) shall
receive the lump-sum equivalent value of the remaining 60 monthly installments. If at the time of death the person’s Incentive Pension Benefit had not been paid, then the value of the person’s remaining Disability Benefit installments
shall be determined by applying the offset under section 6.3(B) above as if the person’s Incentive Pension Benefit and/or Overseas Makeup Benefit were paid at the time of death. 
  
 7. Miscellaneous 
  

	7.1	 	Plan Administrator 

 The
Plan Administrator shall be the Manager, Compensation, Benefit Plans and Policies, Human Resources Department, Exxon Mobil Corporation. The Plan Administrator shall have the right and authority to conclusively interpret this Plan for all purposes,
including the determination of any person’s eligibility for benefits hereunder and the resolution of any and all appeals relating to claims by participants or beneficiaries, with any such interpretation being conclusive for all participants and
beneficiaries. 
  

	7.2	 	Nature of Payments 

Payments provided under this Plan are considered general obligations of the Corporation. 

 

	7.3	 	Assignment or Alienation 

Except as provided in section 7.5 below, payments provided under this Plan may not be assigned or otherwise alienated or pledged.

  
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	7.4	 	Amendment or Termination 

The Corporation reserves the right to amend or terminate this Plan, in whole or in part, including the right at any time to reduce or
eliminate any accrued benefits hereunder and to alter or amend the benefit formula set out herein. 
  

	7.5	 	Forfeiture Of Benefits 

No person shall be entitled to receive payments under this Plan, and any payments received under this Plan shall be forfeited and
returned, if it is determined by the Corporation in its sole discretion, acting through its chief executive or such person or committee as the chief executive may designate, that a person otherwise entitled to a payment under this Plan or who has
commenced receiving payments under this Plan: 

	 	(A)	 	engaged in gross misconduct harmful to the Corporation, 

	 	(B)	 	committed a criminal violation harmful to the Corporation, 

	 	(C)	 	had concealed actions described in (A) or (B) above which would have brought about termination from employment thereby making the person ineligible for
benefits under this Plan, 

	 	(D)	 	separated from service prior to attaining Normal Retirement Age without having received from the Corporation or its delegatee prior written approval for such
termination, given in the sole discretion of the Corporation or its delegatee and in the context of recognition that benefits under this Plan would not be forfeited upon such termination, or 

	 	(E)	 	had been terminated for cause. 

  
 10ExxonMobil Executive Life Insurance and Death Benefit Plan

 EXHIBIT 10(iii)(d) 

 
 EXXONMOBIL EXECUTIVE LIFE INSURANCE AND 

DEATH BENEFIT PLAN 
  

1.     Participation 
  

	1.1	 	Covered Executive 

 Each
covered executive is a participant in this Plan. 
  

	1.2	 	Retiree 

	 	(A)	 	In General 

 Except as
provided in paragraph (B) below, each person who becomes a retiree on or after the effective date, and who is a covered executive immediately prior to becoming a retiree is a participant in this Plan. In
addition, each grandfathered retiree is a participant in the Plan. 

	 	(B)	 	Exception 

 A
retiree will cease to be a participant during the time the retiree is a suspended retiree. 
  

	1.3	 	Cessation of Participant Status 

	 	(A)	 	Termination of Employment 

	 	(1)	 	In General 

 Except as
provided in paragraphs (2) through (4) below, a covered executive will cease to be a participant 31 days after the covered executive terminates employment without becoming a retiree. 

	 	(2)	 	Exception for Long Term Disability 

 A covered executive who terminates employment with eligibility for long-term disability benefits under the ExxonMobil Disability Plan, will cease to be a participant at the earlier of

	 	(a)	 	one year after terminating employment, or 

	 	(b)	 	the date the person is no longer eligible for long-term disability benefits on account of ceasing to be disabled. 

	 	(3)	 	Exception for Coverage Provided Through Death Benefit 

 If, at the time a covered executive terminates employment he or she has elected to receive executive life coverage in the form of a death benefit, the covered executive will cease to be a
participant on the date of such termination of employment. 

	 	(4)	 	Exception for Transition Severance Terminees 

	 	(a)	 	In General 

 A covered
executive who terminates employment without becoming a retiree shall continue to be a participant for a period of one year from the date of such termination of employment, but only if the person is eligible for a benefit under the
Exxon Transition Severance Plan, or if the Corporation, acting through its management, determines that the covered executive is otherwise eligible for such continued participation. 

  
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	 	(b)	 	Termination of Provision 

This paragraph (4) shall not apply to any covered executive who terminates employment after August 31, 2000. 

	 	(B)	 	Suspended Retirees 

 A
retiree or grandfathered retiree will cease to be a participant during the time the person is a suspended retiree. 
  

	 	2.	 	Coverage 

  

	2.1	 	When and How Coverage is Provided 

	 	(A)	 	In General 

	 	(1)	 	Executive Life Coverage 

Executive life coverage is automatically provided to all participants other than grandfathered retirees. 

	 	(2)	 	Supplemental Group Life Coverage 

 Supplemental group life coverage is automatically provided to all participants who are grandfathered retirees. 

	 	(B)	 	Life Insurance or Death Benefit Option 

	 	(1)	 	In General 

 Both
executive life coverage and supplemental group life coverage is automatically provided under the Plan as life insurance unless a participant elects to receive coverage in the form of a death benefit. 

	 	(2)	 	Election 

Participants may, at any time, elect to receive executive life or supplemental group life coverage, whichever is applicable, as a
death benefit, and may revoke any such election. An election or revocation under this paragraph (2) shall be made in accordance with procedures established by the administrator. 

	 	(3)	 	When Election is Effective 

	 	(a)	Death Benefit 

 An
election under paragraph (2) above to receive executive life or supplemental group life coverage as a death benefit shall become effective on the first of the month following the receipt of such election by the administrator. 

	 	(b)	Revocation of Election 

A participant’s revocation of a death benefit election in favor of receiving executive life or supplemental group life
coverage as life insurance becomes effective on the first of the month following the date the administrator receives notification from the insurer that the insurer has, in its discretion, approved evidence of insurability
submitted by the participant. 

  
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	 	(4)	 	Reinstatement of Coverage 

If a participant’s executive life or supplemental group life coverage is reinstated after a period in which the
participant was ineligible for coverage under section 1.3(B) above on account of becoming a suspended retiree, such coverage shall be reinstated under the option (i.e., life insurance or a death benefit) in force at the time coverage
was lost. 

	 	(C)	 	Termination of Coverage 

Executive life or supplemental group life coverage terminates for an individual on the date the individual ceases to be a
participant. 
  

	2.2	 	Amount of Benefit 

  

	 	(A)	 	Executive Life Coverage 

	 	(1)	 	In General 

 Except as
provided in paragraph (2) below, the amount of executive life coverage in effect for a participant is equal to the applicable percentage determined under the following chart multiplied by the participant’s annual base pay:

  

			
	 If the participant’s age is
	  	 The percentage is

	 Under 65
	  	400%
	 65-69
	  	350%
	 70-74
	  	300%
	 75 and over
	  	250%

  
 For this purpose, a
participant attains a particular age as of the first day of the month in which the person will turn such age. In addition, a covered executive’s annual base pay is the base pay in effect at the time coverage is determined, and a
retiree’s base pay is the base pay in effect for the person immediately before the person became a retiree. 

	 	(2)	 	Transition Severance Terminees 

 The amount of executive life coverage in effect for a person who is a participant solely on account of section 1.3(A)(4) above relating to transition severance terminees is 200% of the
person’s annual base pay in effect immediately before the person’s termination of employment. 

	 	(B)	 	Supplemental Group Life Coverage 

 Supplemental Group Life Coverage is provided 

	 	(1)	 	during retirement to all grandfathered retirees, and 

	 	(2)	 	during employment to those persons who become grandfathered retirees after the effective date. 

The amount of supplemental group life coverage in effect for a grandfathered retiree is equal to the amount of coverage in effect
for the person under the provisions of the Supplemental Group Life Insurance Plan or Supplemental Group Death Benefit Plan (as such plans existed on 

  
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 December 31, 1999) as of the later of December 31, 1999 or the date the person
retires. The amount of supplemental group life coverage in effect during employment for a person who becomes a grandfathered retiree after the effective date is the amount of coverage to which they are entitled under the terms of the
Supplemental Group Life Insurance Plan or Supplemental Group Death Benefit Plan (as such plans existed on December 31, 1999). 
  

3.     Payment of Benefit 

 

	3.1	 	Conditions for Payment of Benefit 

 If a participant dies while executive life or supplemental group life coverage for that participant is in effect, then the amount of coverage then in effect for the participant
becomes payable; provided, that proof of death satisfactory to the insurer must be provided before any benefit becomes payable as life insurance. 
  

	3.2	 	Form of Payment 

 A
benefit payable under Section 3.1 above upon a participant’s death shall be paid in a lump sum. 
  

	3.3	 	Source of Payment 

	 	(A)	 	Life Insurance 

 Executive
life and supplemental group life coverage in the form of life insurance shall be provided through one or more policies of insurance issued by an insurer selected by the Corporation, and any executive life or supplemental group life
benefit payable as insurance shall be paid pursuant to such policy or policies. 

	 	(B)	 	Death Benefit 

 Any
executive life or supplemental group life benefit payable as a death benefit shall be paid from the general assets of the Corporation. 
  

	3.4	 	To Whom Paid 

 A benefit
payable under Section 3.1 above upon a participant’s death shall be paid as follows: 

	 	(A)	 	If a beneficiary designation is in effect at the time of the participant’s death, the benefit shall be paid in accordance with such designation.

	 	(B)	 	If no beneficiary designation is in effect, the benefit shall be paid to the first of the following groups that has at least one member that survives the
participant: 

	 	(1)	 	The participant’s spouse. 

	 	(2)	 	The participant’s children. In this event, the benefit will be divided equally among the children who survive the participant as well as the children
who die before the participant leaving children of their own who survive the participant. In the case of a participant’s child who dies before the participant leaving children of his or her own who survive the
participant, such child’s share shall be divided equally among his or her surviving children. 

  
 4 

	 	(3)	 	The participant’s parents. In this event, the benefit will be divided equally among the parents if they both survive the participant.

	 	(4)	 	The participant’s brothers and sisters. In this event, the benefit will be divided equally among the brothers and sisters who survive the participant
as well as the brothers and sisters who die before the participant leaving children of their own who survive the participant. In the case of a brother or sister who dies before the participant leaving children of his or her own
who survive the participant, such brother or sister’s share shall be divided equally among his or her surviving children. 

	 	(5)	 	The participant’s executors or administrators. 

 For purposes of this Paragraph (B), a spouse of a participant shall include only someone who is the legal spouse of the participant, and a child, parent, brother, or sister of a
participant shall include only someone who is a legitimate blood relative of the participant or whose relationship with the participant is established by virtue of a legal adoption. 

 
 4.     Designation of Beneficiary

  

	4.1	 	Designation 

 A
participant may designate one or more beneficiaries to receive the payment of benefits upon the death of the participant, or may at any time change or cancel a previously made beneficiary designation. 

 

	4.2	 	Forms and Submission 

 Any
beneficiary designation or change or cancellation thereof shall be made on such forms and in such manner as is satisfactory to the insurer. No beneficiary designation or change or cancellation thereof shall become effective until received by
the insurer or its designated agent. 
  

	4.3	 	Designation Made Under Prior Plans 

 Any beneficiary designation made by a participant under the Supplemental Group Life Insurance Plan or Supplemental Death Benefit Plan that remains in effect on December 31, 1999, shall
continue to be valid under this Plan on and after the effective date until and unless properly superceded. 
  

5.     Miscellaneous 
  

	5.1	 	Plan Funding 

 The funding
for executive life and supplemental group life coverage, including the funding of premiums under any life insurance policy issued in connection with such coverage, shall be paid for by the Corporation; no participant contributions will
be required or permitted. 

  
 5 

	5.2	 	Assignment of Insurance 

  

	 	(A)	 	Assignment 

 A
participant may assign to another owner the participant’s interest in his or her executive life or supplemental group life coverage provided in the form of life insurance. Such assignment shall be made on such forms and in such
manner as is acceptable to the administrator and the insurer. 

	 	(B)	 	Effect of Assignment 

	 	(1)	 	In General 

 When an
assignment of a participant’s coverage is in effect as described in paragraph (A) above, then, except as provided in paragraph (2) below, the participant’s assignee shall have the right to take all actions under the
terms of this Plan with respect to such coverage that the participant would otherwise have the right to take, including, without limitation, the right to designate a beneficiary. 

	 	(2)	 	Exception 

 An assignee
shall not have the right under this Plan to elect to receive executive life or supplemental group life coverage as a death benefit under section 2.1(B)(2) above or to revoke an already existing election. 

	 	(C)	 	Assignment Under Prior Plan 

 Any assignment of coverage made by a participant under the Supplemental Group Life Insurance Plan shall continue to be valid under this Plan with respect to executive life and supplemental group
life coverage. 
  

	5.3	 	Amendment and Termination 

The Corporation at any time, by action of any duly authorized officer, may amend or terminate this Plan in whole or in part.

  

	5.4	 	Responsibilities and Authority of Administrator 

 The administrator shall fulfill all duties and responsibilities of a “plan administrator” required by the Employee Retirement Income Security Act of 1974, as amended. The
administrator shall have the authority to control and manage the operation and administration of this Plan, including, without limitation: 
  

	 	(A)	 	discretionary and final authority to determine eligibility and to administer this Plan in its application to each participant and beneficiary; and

	 	(B)	 	discretionary and final authority to interpret this Plan, in whole or in part, including but not limited to, exercising such authority in conducting a full and fair
review, with such interpretation being conclusive for all participants and beneficiaries under this Plan. 

  
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	5.5	 	Claim Appeal Process 

  

	 	(A)	 	Submission of Appeal 

 In
the event a claim for benefits is denied, the claimant has the right to appeal to the administrator. A written request to review a denied claim must be received by the administrator within 90 days after the claim denial. The request
may state the reasons the claimant believes he or she is entitled to Plan benefits, and may be accompanied by supporting information and documentation for the administrator’s consideration. 

	 	(B)	 	Decision 

 The
administrator shall decide appeals in accordance with the administrator’s fiduciary authority set out in section 5.4 above. Appeal decisions will be made within 60 days of the receipt of the claim by the administrator
unless special circumstances warrant an extension of time. If an extension of time is required, the administrator will notify the claimant of the extension. In all cases, the decision will be made no later than 120 days after the receipt of
the claim by the administrator. The appeal decision shall be in writing, specify the reasons for the decision, and refer to the relevant Plan provision(s) on which the decision is based. 

 

	5.6	 	Definitions 

  

The following terms shall have the following meanings ascribed to them: 

	 	(A)	 	“Administrator” means the Manager, Compensation and Executive Plans, Human Resources Department, Exxon Mobil Corporation. 

	 	(B)	 	“Corporation” means Exxon Mobil Corporation. 

	 	(C)	 	“Covered Employee” has the meaning set out in the ExxonMobil Benefit Plans Common Provisions. 

	 	(D)	 	“Covered Executive” means a covered employee who has a classification level of 35 or higher; provided, however, that the group of covered
executives shall be frozen as of September 30, 2007, and no individual shall become a covered executive on or after October 1, 2007. 

	 	(E)	 	“Effective Date” means January 1, 2000. 

	 	(F)	 	“Grandfathered retiree” means a person who 

	 	(1)	 	became a retiree prior to the effective date, and was covered under the Supplemental Group Life Insurance Plan or Supplemental Death Benefit Plan
immediately prior to the effective date, or who 

	 	(2)	 	becomes a retiree after the effective date after having been given the opportunity to elect and having elected continued coverage under the Supplemental
Group Life Insurance Plan or Supplemental Death Benefit Plan. 

	 	(G)	 	“Insurer” means the insurance company that is the issuer of the policy of insurance described in section 3.3(A) above. 

	 	(H)	 	“Participant” means a covered executive, retiree, or grandfathered retiree, as the context requires. 

	 	(I)	 	“Retiree” 

  
 7 

	 	(1)	 	In General 

“Retiree” has the meaning set out in the ExxonMobil Benefit Plans Common Provisions. 

 

	 	(2)	 	Transition Severance Cases 

  

	 	(a)	 	Treatment as Covered Annuitant 

 Solely for purposes of this Plan, a person who is described in paragraph (b) below shall be treated as if he or she were a retiree. 
  

	 	(b)	 	Eligibility 

  

A person is described in this paragraph (b) if the person 

	 	(i)	terminates employment as a covered executive; 

	 	(ii)	is at least 50 years old by the end of the month in which the termination of employment occurs; 

	 	(iii)	has at least 10 years of benefit plan service (as defined in the ExxonMobil Benefit Plans Common Provisions) at the time of the termination of employment; and

	 	(iv)	upon termination of employment receives a benefit under the Exxon Transition Severance Plan. 

  

	 	(c)	 	Termination of Provision 

This paragraph (2) shall not apply to any person who fails to meet the eligibility requirements set out in paragraph (b) above
on or before August 31, 2000. 
  

	(J)	 	“Suspended retiree” 

	 	(1)	 	In General 

“Suspended Retiree” means a person who becomes a retiree by virtue of being incapacitated within the meaning of the
ExxonMobil Disability Plan and commences long-term disability benefits under such Plan, but whose benefits under such Plan thereafter cease by virtue of 

	 	(a)	 	the person no longer being incapacitated, or 

	 	(b)	 	the person’s failure to report non-rehabilitative employment. 

 

	 	(2)	 	Period 

 A person remains
a suspended retiree until the earlier of (1) the date the person attains age 55, or (2) the date the person commences his or her benefit or receives a lump-sum settlement under the ExxonMobil Pension Plan, at which time the person
is again considered a retiree. 

  
 8

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