Document:

EX-10.37.2

 Exhibit 10.37.2 

 

			
	

	 	 5 The North Colonnade

Canary Wharf
 London

E14 4BB
 United Kingdom

 
 Tel: +44 (0)20 7623 23 23

  

			
	 To:
	  	NATIONAL CINEMEDIA, LLC (the “Counterparty”)
		
	 Attn:
	  	David Oddo
		
	 Fax No:
	  	0013037928829
		
	 From:
	  	BARCLAYS BANK PLC (LONDON HEAD OFFICE) (“Barclays”)
		
	 Date:
	  	December 13, 2012
		
	 Reference:
	  	nyk0d28e0f2 / 3700890B / 11674032

 Amended Cancellation of Interest Rate Swap Transaction 

THIS CANCELLATION AGREEMENT is made on November 26, 2012 
 Between Barclays and Counterparty 
 WHEREAS Barclays and Counterparty have entered into a certain
transaction detailed in the attached Schedule which is subject to the ISDA Master Agreement dated as of February 4, 2010, as amended or supplemented (the “Transaction” and the “Agreement” respectively), the parties
hereto have agreed to cancel the Transaction upon the following terms. The purpose of this Cancellation of Transaction agreement (this Confirmation) is to confirm the terms and conditions of the Cancellation of Transaction agreed
between us on the Cancellation Date specified below (the Transaction). This Confirmation constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified above. 

 

			
	 Cancellation Date:
	  	November 26, 2012
		
	 Cancellation Fee:
	  	USD 6,339,600.00
		
	 Payer:
	  	Counterparty
		
	 Payee:
	  	Barclays
		
	 Payment Date:
	  	November 26, 2012
		
	 Barclays Account Details:
	  	Correspondent: BARCLAYS BANK PLC-NEW
		  	YORK
		  	BIC: BARCUS33XXX
		  	Account: 050019228
		
	 Barclays Account Details:
	  	Beneficiary: Barclays Bank PLC

 1. In consideration of the payment of the Cancellation Fee by the Payer to the Payee on the Payment Date, the Transaction
is hereby cancelled with effect from the Cancellation Date such that no further rights or obligations 
 Barclays offers premier investment
banking products and services to its clients through Barclays Bank PLC, Barclays Bank PLC is authorised and regulated by the UK Financial Services Authority and a member of the London Stock Exchange. Barclays Bank PLC is registered in England
No. 1026167. Registered Office: 1 Churchill Place, London E14 5HP. 
 shall arise in relation to either party, except that, any obligation
of either party under the Transaction which became due on or before the Cancellation Date shall remain due until paid or discharged; and 

  
 - Page 1 of 3
- 

 2. Counterparty hereby releases Barclays from any and all obligations and liability after the Cancellation
Date under or in connection with the Transaction. 
 3. Barclays hereby releases Counterparty from any and all obligations and liability after
the Cancellation Date under or in connection with the Transaction. 
 4. The foregoing is the entire agreement and understanding between the
parties with respect to the subject matter hereof. 
 5. Capitalised terms used herein and not defined in this Cancellation Agreement will have
the meanings ascribed to them in the Agreement. Any reference to the singular shall include the plural. 
 6. This Cancellation Agreement shall
be governed by and construed in accordance with the governing law of the Agreement. 
 SCHEDULE 

 

			
		
	 Reference:
	  	nyk0d28e0f2
		
	 Type of Transaction:
	  	Interest Rate Swap Transaction
		
	 Trade Date:
	  	February 4, 2010
		
	 Notional Amount:
	  	USD 56,250,000.00
		
	 Effective Date:
	  	December 14, 2009
		
	 Termination Date:
	  	February 13, 2015
		
	 Fixed Rate Payer:
	  	Counterparty
		
	 Floating Rate Payer:
	  	Barclays
		
	 Fixed Rate:
	  	4.984% per annum

 Please confirm that the foregoing correctly sets forth all the terms and conditions of our agreement with respect to the
Swap Transaction by responding within three (3) Business Days by promptly signing in the space provided below and faxing the signed copy to Incoming Transaction Documentation, Barclays Global OTC Transaction Documentation & Management,
Global Operations, Fax +(1) 212-412-1211, Tel +(1) 212-412-3990, Email: NYRatesDerivativesConfirmation@barclays.com. 

  
 - Page 2 of 3
- 

					
	 For and on behalf of

BARCLAYS BANK PLC
	 		 	 For and on behalf of

NATIONAL CINEMEDIA, LLC

			
		 		 	By: National CineMedia, Inc. its Manager
			
	/s/ Robert Chibowski	 		 	/s/ Gary W. Ferrera
	 NAME: Robert Chibowski

Authorised Signatory
 Date: 14 December
2012
	 		 	 NAME: Gary W. Ferrera

Authorised Signatory EVP/CFO
 Date:
1/11/13

  
 - Page 3 of 3
-EX-10.m

 Exhibit 10(m) 
 THE HUMANA INC. DEFERRED COMPENSATION PLAN 
 FOR NON-EMPLOYEE DIRECTORS

 (AS AMENDED THROUGH OCTOBER 18, 2012) 
 ARTICLE 1 
 PURPOSE  

The purpose of this Plan is to provide members of the Board of Directors of Humana Inc. who are not employees of the Company or any of
its subsidiaries with the opportunity to defer receipt of certain compensation to which they will be entitled while the Plan is in effect. The Plan is intended to be an unfunded, nonqualified deferred compensation plan and shall be construed and
administered accordingly. 
 ARTICLE 2 
 DEFINITIONS  
 For purposes of the Plan, the following terms shall
have the following meanings: 
 2.1 “Allocation Date” shall mean, with respect to a Deferral Election, the date
on which all or a portion of a Director’s Deferral Amount is credited to his or her Account, which shall be the date on which such Deferral Amount (or portion thereof) would have been paid to the Director (which, with respect to RSUs, shall be
the date on which shares of Common Stock would have been issued to the Director in settlement of such RSUs) if the Director had not made a Deferral Election; provided, however, that with respect to any cash Compensation that a Director has elected
to have converted into Stock Units, the Allocation Date in respect of such Deferral Amount shall be the Quarterly Allocation Date concurrent with or next following the date such Compensation would have been paid if the Director had not made a
Deferral Election. 
 2.2 “Beneficiary” has the meaning set forth in Section 9.3 of Article 9. 

2.3 “Board” shall mean the Board of Directors of the Company. 

2.4 “Cash Account” shall mean a memorandum account established on the books of the Company on behalf of a Director, into
which shall be credited amounts pursuant to Section 4.1 of Article 4. 
 2.5 “Cash Account Balance”
has the meaning set forth in Section 4.1 of Article 4. 
 2.6 “Change in Capitalization” has the
meaning set forth in Section 4.2 of Article 4. 
 2.7 “Change in Control” shall have the meaning set forth
in Exhibit A. 
 2.8 “Common Stock” shall mean the common stock, par value $0.16 2/3 per share, of the Company, or any other securities or property into which such stock may be converted or exchanged. 

 2.9 “Company” shall mean Humana Inc. 

2.10 “Compensation” shall mean, with respect to a Plan Year, the annual retainer fees, committee fees, and meeting fees
payable to a Director in such Plan Year for services rendered in such Plan Year. For purposes of clarity, “Compensation” shall not mean, with respect to any Director, stock options granted or to be granted by the Company to such Director
or Common Stock received or to be received by such Director pursuant to the exercise of such options, but shall include grants of Common Stock (including Common Stock issuable upon settlement of RSUs) made or to be made to such Director as payment
of such Director’s annual retainer fees, committee fees, and/or meeting fees. 
 2.11 “Deferral Amount”
shall mean any part or all of his or her Compensation elected by a Director to be deferred in a Plan Year. 
 2.12
“Deferral Election” shall mean a Director’s timely election of a Deferral Amount pursuant to Article 3. 

2.13 “Deferral Period” shall have the meaning set forth in Section 3.1 of Article 3. 

2.14 “Director” shall mean each member of the Board who is not an employee of the Company or any of its subsidiaries.

 2.15 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. 

2.16 “Fair Market Value” on any date means (i) with respect to Common Stock, the average of the highest and lowest
reported sales prices, regular way, of Common Stock in transactions reported on the New York Stock Exchange on such date, or if no sales of Common Stock are reported on the New York Stock Exchange for such date, the comparable average sales price
for the last previous day for which sales were reported on the New York Stock Exchange or the value of a share of Common Stock for such date as established by the Committee using any other reasonable method of valuation, and (ii) with respect
to any other property, the fair market value of such property determined by such methods or procedures as shall be established from time to time by the Committee. 
 2.17 “Investment Option” shall mean the investment vehicles in which a Director’s Cash Account shall be deemed invested pursuant to Article 5. Investment Options shall be limited to
(i) those offered to participants in the Retirement and Savings Plan from time to time (other than any fund of the Retirement Savings Plan that invests in Common Stock); provided, however, that no Director shall be permitted to invest in a
brokerage account and (ii) Stock Units. 
 2.18 “Payment Method” has the meaning set forth in
Section 6.2 of Article 6. 
 2.19 “Plan” shall mean the Humana Inc. Deferred Compensation Plan for
Non-Employee Directors, as such Plan may be amended from time to time. 
 2.20 “Plan Administrator” shall mean
the Organization & Compensation Committee of the Board or such other committee of Directors designated by the Board. 

  
 2 

 2.21 “Plan Year” shall mean each calendar year with the first plan year
beginning January 1, 2004. 
 2.22 “Quarterly Allocation Date” shall mean the last day of each calendar
quarter. 
 2.23 “Retirement and Savings Plan” shall mean the Humana Retirement and Savings Plan, as it may be
amended from time to time. 
 2.24 “RSU Agreement” shall mean an agreement evidencing the terms and conditions
of a grant of RSUs to a Director. 
 2.25 “RSUs” shall mean Restricted Stock Units granted to a Director
pursuant to an RSU Agreement. 
 2.26 “Stock Unit Account” shall mean a memorandum account established on the
books of the Company on behalf of a Director, to which shall be credited a number of Stock Units pursuant to Section 4.2 of Article 4. 
 2.27 “Stock Unit Account Balance” shall have the meaning set forth in Section 4.2 of Article 4. 
 2.28 “Stock Units” shall mean units credited to a Director’s Stock Unit Account, with one Stock Unit having a value on any date equal to the Fair Market Value of one share of Common
Stock on such date. 
 2.29 “Termination” shall mean termination of a Director’s service as a member of
the Board for any reason, including by reason of death or disability. 
 ARTICLE 3 

DEFERRAL ELECTIONS OF COMPENSATION  
 3.1 Deferral Election. Each Director may elect to have the payment of all or any portion of his or her Compensation for a Plan Year deferred pursuant to the Plan. Each Deferral Election shall be
made on a deferral election form or other method required by the Company and shall specify (i) the Deferral Amount, (ii) the Deferral Period, and (iii) the Payment Method. To the extent the Deferral Amount is Compensation that would
otherwise be payable in cash, the Director may further elect whether such Deferral Amount will be deferred into a Cash Account as provided in Section 4.1 of this Plan, or converted into Stock Units and held in a Stock Unit Account as provided
in Section 4.2 of this Plan; provided, however, that unless an election is made to defer Compensation otherwise payable in cash into Stock Units, such Deferral Amounts shall be credited to the Director’s Cash Account. For purposes of this
Plan, “Deferral Period”, with respect to any Deferral Election, shall mean the period commencing on the Allocation Date and ending, at the election of the Director, on (i) the date of the Director’s Termination,
(ii) a date specified by the Director in his or her Deferral Election, or (iii) the earlier of either the date of the Director’s termination or any date specified by the Director in his or her Deferral Election; provided,
however, that any such date specified by the Director in his or her Deferral Election must be no earlier than two years after the end of the Plan Year with respect to which the Deferral Election applies. 

  
 3 

 3.2 Timing of Deferral Elections. Deferral Elections in respect of Compensation
otherwise payable to Directors in a Plan Year shall be timely if made on or before November 30 of the preceding year; provided, however, that with respect to new Directors, Deferral Elections in respect of Compensation payable in
the Plan Year in which they become a Director shall be timely if made within 30 days after becoming a Director and applies only to Compensation that is payable for services to be performed subsequent to the date the Deferral Election is made.

 3.3 Irrevocability. A Deferral Election shall be irrevocable as of the deadline for making elections specified in
Section 3.2. A Director may change a Deferral Election in respect of any Plan Year prior to the applicable deadline for such Plan year as specified in Section 3.2. 
 ARTICLE 4 
 TREATMENT OF DEFERRAL AMOUNTS 

4.1 Cash Account 
 (a) On each Allocation Date, an amount reflecting the portion of a Director’s Deferral Amount which would otherwise have been paid to the Director in cash and, with respect to which the Director has
not elected to have converted to Stock Units, shall be credited to the Director’s Cash Account. 
 (b) All Deferral Amounts
credited to the Cash Account shall be invested in accordance with the terms of Article 5 (the actual deferrals, as adjusted for investments gains (or losses) and credits in respect of fractional Stock Units under Section 4.2(d), are
collectively referred to herein as the “Cash Account Balance”). 
 4.2 Stock Unit Account 

(a) Allocations. On each Allocation Date, a number of Stock Units reflecting the portion of a Director’s Deferral Amount
which would otherwise have been paid to the Director in Common Stock (including upon the settlement of RSUs) shall be credited to the Director’s Stock Unit Account. In the event a Director elects to have Compensation otherwise payable to the
Director in cash credited to such Director’s Stock Unit Account, the number of Stock Units that will be credited to the Director’s Stock Unit Account on each Quarterly Allocation Date shall be equal to (A) the aggregate cash
Compensation with respect to which the election has been made and that would otherwise have been paid in the calendar quarter ending on the Quarterly Allocation Date divided by (B) the Fair Market Value of a share of Common Stock on the
Quarterly Allocation Date. Once an amount has been allocated to a Director’s Stock Unit Account, such Director may not subsequently reallocate that amount into his or her Cash Account. 

  
 4 

 (b) Dividends. In the event of a dividend paid with respect to Common Stock, whether
in cash, Common Stock or other stock or property of the Company, credits (dividend equivalents) will be made to each Director’s Cash Account and/or Stock Unit Account, as follows: 

(i) in the case of a cash dividend, or a dividend of stock of the Company (other than Common Stock) or other property, in each case paid
on or after November 1, 2012, additional cash credits will be made to a Director’s Cash Account equal to the cash amount of such dividend per share (or the fair market value, on the date of payment, of dividends per share paid in such
stock or other property), multiplied by the aggregate number of Stock Units credited to such Director’s Stock Unit Account, if applicable, and such credits will be initially allocated to the default investment option under the Retirement and
Savings Plan; 
 (ii) in the case of a dividend consisting of Common Stock, the Stock Unit Account will be credited with a
number of Stock Units equal to the number of Stock Units in such account on the record date for the payment of such dividend, multiplied by the number of shares of Common Stock paid per share of Common Stock in such dividend. 

(c) In the event of any Change in Capitalization, the Plan Administrator in good faith shall take such action as it deems necessary to
preserve the economic value of each Director’s Stock Unit Account immediately prior to the Change in Capitalization to reflect the impact of the Change in Capitalization on the Common Stock, including without limitation the making of equitable
adjustments to the number of Stock Units credited to the Stock Unit Account and the number and kind of securities or other property deemed to be represented by Stock Units held in the Stock Unit Account. For purposes of this Section 4.2(c),
“Change in Capitalization” shall mean any increase or reduction in the number of shares of Common Stock, or any change in such shares or exchange of such shares for a different number or kind of shares or other securities of the
Company or another corporation, by reason of a reclassification, recapitalization, merger, consolidation, reorganization, spin-off, split-up, issuance of warrants or rights or debentures, stock dividend, stock split or reverse stock split,
combination or exchange of shares, repurchase of shares, change in corporate structure or otherwise. (The actual deferrals plus adjustments pursuant to this Sections 4.2(c) are collectively referred to herein as the “Stock Unit Account
Balance”). 
 (d) All fractional Stock Units to which a Director is entitled shall be credited to the Director’s
Cash Account based on the Fair Market Value of such Units as of the day preceding the date such credit is made. In no event shall fractional Stock Units be credited to a Director’s Stock Unit Account. 

4.3 Vesting. A Director shall be fully (100%) vested in his or her Cash Account Balance and Stock Unit Account Balance at all
times. 
 ARTICLE 5 
 INVESTMENT OF AMOUNTS IN CASH ACCOUNTS 
 5.1 Investment Options.
Each Director shall elect the Investment Options in which Deferral Amounts credited to the Director’s Cash Account shall be deemed to be allocated. A Director’s cash Deferral Amounts may be allocated in one percent increments among one
or 

  
 5 

 
more of the Investment Options. If the Director allocates less than 100% of his cash Deferral Amounts pursuant to this Section 5.1, unallocated cash Deferral Amounts shall be deemed to be
allocated to the default investment option under the Retirement and Savings Plan. A Director may change the allocation for subsequent Deferral Amounts to his or her Cash Account at any time in such manner as the Plan Administrator may prescribe.

 5.2 Reallocation Among Investment Options. Each Director may reallocate his or her Cash Account Balance among the
Investment Options in one percent increments. Changing Investment Options shall be permitted on a daily basis and shall be effected in such manner as the Plan Administrator may prescribe from time to time, which may include an online alternative.

 5.3 Investment in Stock Units. Notwithstanding anything herein to the contrary, if a Director elects to have all or
any portion of his or her Cash Account invested in Stock Units, such portion shall be allocated to the Director’s Stock Unit Account and such Director may not subsequently reallocate that portion into any other Investment Option. 

5.4 Adjustments to Account Balances. The Directors’ Cash Account Balance shall be adjusted for gains (or losses) as if such
amounts were actually invested in the Investment Options selected by the Directors. Upon a Director’s cessation of service or cessation of active participation in the Plan for any reason, the balances in the Director’s Cash Account will
continue to be allocated among the Investment Options in accordance with this Article 5 until his or her Cash Account Balance has been completely distributed. 
 ARTICLE 6 
 PAYMENT 

6.1 Payment Upon End of Deferral Period. Payment of the portion of a Director’s Cash Account and/or Stock Unit Account
attributable to any Deferral Election shall be made following the end of the applicable Deferral Period at the time and in the manner set forth in this Article 6. 
 6.2 Payment Method. Payment of amounts credited to a Director’s Cash Account and Stock Unit Account shall be made in accordance with the Payment Method elected by the Director in the
applicable Deferral Election. For purposes of this Plan, “Payment Method” shall mean, with respect to payments of amounts credited to a Director’s Cash Account and Stock Unit Account pursuant to a Deferral Election, either
(i) a lump sum payment on the 15th day of the calendar month following the end of the applicable Deferral Period or (ii) a number of annual installments (not exceeding 10) specified by the Director in his or her Deferral Election, with
(x) the first installment to be paid on the 15th day of the calendar month following the end of the applicable Deferral Period and (y) installments subsequent to the first installment to be paid on the 15th day of such calendar month of
each succeeding calendar year. Deferred amounts held pending distribution shall continue to be subject to interest credits and adjustments, as provided in Articles 4 and 5. 

  
 6 

 6.3 Amount of Payment. 

(a) Lump Sum Payment. If a Director elects a lump sum payment with respect to a Deferral Election, such payment shall consist of
(i) cash equal to the value, as of the day preceding the installment payment, of that portion of the Director’s Cash Account Balance which is attributable to such Deferral Election and (ii) shares of Common Stock representing, as of
the day preceding the installment payment, the portion of the Stock Unit Account Balance which is attributable to such Deferral Election. 
 (b) Installment Payments. If a Director elects annual installments with respect to a Deferral Election, the amount payable under each such installment shall be (i) a cash payment equal to the
value, as of the day preceding the installment payment, of that portion of the Director’s Cash Account Balance which is attributable to such Deferral Election, divided by the number of remaining installments to be made (including the
installment then being made) and (ii) a number of shares of Common Stock representing, as of the day preceding the installment payment, the portion of the Stock Units Account Balance which is attributable to such Deferral Election divided by
the number of remaining installments to be made (including the installment then being made). 
 6.4 Accelerated Payment in
the Event of Death. Notwithstanding any other provision of the Plan or any Deferral Election, in the event a Director dies prior to receiving distribution of his or her entire Cash Account Balance and Stock Unit Account Balance, payments shall
be made to the Beneficiary or, if applicable, to the estate of the Director, in accordance with the applicable Beneficiary Designation Form. The Company shall pay to the Beneficiary or, if applicable, to the estate of the Director within thirty
(30) days following the Director’s date of death (i) a lump sum cash payment equal to the value of his or her entire Cash Account Balance and (ii) a number of shares of Common Stock equal to the number of Stock Units credited to
his or her Stock Unit Account, in each case as of the day preceding the distribution. 
 6.5 Accelerated Payment Upon a
Change in Control. Notwithstanding any other provision of the Plan or any Deferral Election, upon a Change in Control, which constitutes a change in the ownership or effective control of the Company or in the ownership of a substantial portion
of the assets of the Company under Section 409A of the Internal Revenue Code of 1986, as amended, the Company shall pay to each Director within thirty (30) days following the Change in Control (i) a lump sum cash payment equal to the
value of his or her entire Account balance which is not invested in the Common Stock Fund and (ii) a number of shares of Common Stock equal to the number of Stock Units credited to his or her Stock Unit Account, in each case as of the day
preceding the distribution. 
 6.6 Exception for Section 16 of the Exchange Act. Notwithstanding any other provision
of the Plan, no payment shall be made pursuant to the Plan if such payment would subject a Director to liability under Section 16 of the Exchange Act, and any such payment shall be delayed until the first date on which such payment may be made
without subjecting the Director to such liability. 

  
 7 

 ARTICLE 7 
 ADMINISTRATION 
 7.1 General Powers and Responsibilities of Plan
Administrator. The Plan Administrator shall have full authority to construe and interpret the terms and provisions of the Plan, and to adopt, alter and repeal such administrative rules, guidelines and practices governing the Plan and perform all
acts as it shall, from time to time, deem advisable, and otherwise to supervise the administration of the Plan. The Plan Administrator may correct any defect, supply any omission or reconcile any inconsistency in the Plan, or in any Deferral
Election hereunder, in the manner and to the extent it shall deem necessary to effectuate the Plan. Any decision, interpretation or other action made or taken in good faith by or at the direction of the Plan Administrator in connection with the Plan
shall be in the sole and absolute discretion of the Plan Administrator and shall be final, binding and conclusive. A Director shall not participate in any decision involving a request made by him or her or relating in any way to his or her rights,
duties, and obligations as a participant in the Plan (unless such decision relates to all Directors generally and in a similar manner). 
 7.2 Liability and Indemnification of Plan Administrator. The Plan Administrator shall not be liable for any action, failure to act, determination or interpretation made in good faith with respect
to this Plan or any transaction hereunder, except for liability arising from his or her own willful misfeasance, gross negligence or reckless disregard of his or her duties. The Company hereby agrees to indemnify the Plan Administrator for all costs
and expenses and, to the extent permitted by applicable law, any liability incurred in connection with defending against, responding to, negotiating for the settlement of or otherwise dealing with any claim, cause of action or dispute of any kind
arising in connection with any actions in administering this Plan or in authorizing or denying authorization to any transaction hereunder. 
 ARTICLE 8 
 AMENDMENT OR TERMINATION OF THE PLAN

 The Company, by action of the Board, may amend, modify or terminate the Plan in whole or in part at any time and for
any reason without prior notice to or consent of any Director; provided, however, that no amendment, modification or termination of the Plan shall reduce a Director’s Account balance, or change a previously specified Deferral
Election as of the date of such amendment, modification or termination. 
 ARTICLE 9 

MISCELLANEOUS 
 9.1 Shares Subject to Plan. Through the provisions of this Plan relating to Stock Units, it is intended that this Plan constitute the method by which Directors can defer share awards made under the
Humana Inc. 2003 Stock Incentive Plan, the Humana Inc. 2011 Stock Incentive Plan or any successor plan and, with respect to Stock Units relating to a Director’s deferral of cash Compensation or a transfer pursuant to Section 4.2(a)(ii),
the granting of share 

  
 8 

 
awards thereunder. Shares of Common Stock distributed to Directors under this Plan shall be made from the aggregate number of shares of Common Stock reserved for issuance under the Humana Inc.
2003 Stock Incentive Plan, the Humana Inc. 2011 Stock Incentive Plan or any successor plan. 
 9.2 Nonassignability.
Neither a Director nor any other person shall have any right to commute, sell, assign, transfer, pledge, anticipate, mortgage or otherwise encumber, transfer, hypothecate, alienate or convey in advance of actual receipt, any amount payable under
the Plan. All amounts payable under the Plan, and all rights to such amounts, are expressly declared to be unassignable and non-transferable. In the case of a Director’s death, payments due under this Plan shall be made in accordance with
Section 6.4. 
 9.3 Designation of Beneficiary. Each Director at the time he or she completes a Deferral Election
shall designate a beneficiary (a “Beneficiary”) and a contingent Beneficiary to whom benefits hereunder are to be paid if the Director dies prior to receiving his or her Cash Account Balance and Stock Unit Account Balance. A
Director may change his or her Beneficiary designations at any time by filing a revised Beneficiary designation form with the Plan Administrator or such other individual or entity designated by the Plan Administrator. If a Director fails to
designate a Beneficiary as provided above, or if all designated Beneficiaries predecease the Director, the Company shall pay the Cash Account Balance and Stock Unit Account Balance to the estate of the Director. 

9.4 Incapacity. In the event benefits become payable under the Plan after a Director becomes incapacitated, such benefits shall be
paid to the Director’s legal guardian or legal representative pursuant to the applicable provisions of Article 6. 
 9.5
No Right To Continued Service. The terms and conditions of the Plan shall not be deemed to establish, constitute or be evidence of a right of any Director to remain in service as a member of the Board. 

9.6 No Right of a Shareholder. Directors shall have none of the rights of shareholders of the Company by reason of their
participation in the Plan. 
 9.7 Tax Withholding. The Company or the Plan Administrator shall have the right to withhold
from any payment hereunder amounts sufficient to satisfy all Federal, state, local, or other withholding tax requirements. 

9.8 Expenses. The Company will bear all expenses incurred in administering this Plan and no part thereof shall be charged against
any Director’s Account or any amounts distributable hereunder. 
 9.9 Unsecured General Creditor. Directors shall
have no legal or equitable rights, interest or claims in any property or assets of the Company. For purposes of the payment of benefits under the Plan, any and all of the Company’s assets shall be, and remain, the general, unpledged
unrestricted assets of the Company. The Company’s obligations under the Plan shall be merely that of an unfunded and unsecured promise to pay money and stock in the future. 

  
 9 

 9.10 Successors. The terms and conditions of the Plan and each Deferral Election
shall inure to the benefit of and bind the Company and the Directors, and their successors, assigns, and personal representatives. 
 9.11 Governing Law. The provisions of the Plan shall be construed and interpreted according to the laws of the Commonwealth of Kentucky without giving effect to conflict of laws principles thereof.

 Adopted by the Board of Directors: October 18, 2012 

  
 10 

 Exhibit A 
 “Change in Control” shall mean the occurrence of: 
 (a) An
acquisition (other than directly from the Company) of any voting securities of the Company (the “Voting Securities”) by any “Person” (as the term person is used for purposes of Section 13(d) or 14(d) of the Exchange Act),
immediately after which such Person has “Beneficial Ownership” (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of twenty percent (20%) or more of the combined voting power of the Company’s then outstanding
Voting Securities; provided, however, in determining whether a Change in Control has occurred, Voting Securities which are acquired in a “Non-Control Acquisition” (as hereinafter defined) shall not constitute an acquisition which would
cause a Change in Control. A “Non-Control Acquisition” shall mean an acquisition by (i) an employee benefit plan (or a trust forming a part thereof) maintained by (A) the Company or (B) any corporation or other Person of
which a majority of its voting power or its equity securities or equity interest is owned, directly or indirectly, by the Company (for purposes of this definition, a “Subsidiary”) (ii) the Company or its Subsidiaries, or
(iii) any Person in connection with a “Non-Control Transaction” (as hereinafter defined); 
 (b) The individuals
who, as of the effective date of this Plan are members of the Board (the “Incumbent Board”), cease for any reason to constitute at least two-thirds of the members of the Board; provided, however, that if the election, or nomination for
election by the Company’s common stockholders, of any new director was approved by a vote of at least two-thirds of the Incumbent Board, such new director shall, for purposes of this Plan, be considered as a member of the Incumbent Board;
provided further, however, that no individual shall be considered a member of the Incumbent Board if such individual initially assumed office as a result of either an actual or threatened solicitation of proxies or consents by or on behalf of a
Person other than the Board (a “Proxy Contest”) including by reason of any agreement intended to avoid or settle any Proxy Contest; or 
 (c) The consummation of: 
 (i) A merger, consolidation or
reorganization involving the Company, unless such merger, consolidation or reorganization is a “Non-Control Transaction.” A “Non-Control Transaction” shall mean a merger, consolidation or reorganization of the Company where:

 (A) the stockholders of the Company, immediately before such merger, consolidation or reorganization, own
directly or indirectly immediately following such merger, consolidation or reorganization, at least seventy-five percent (75%) of the combined voting power of the outstanding Voting Securities of the corporation resulting from such merger or
consolidation or reorganization (the “Surviving Corporation”) in substantially the same proportion as their ownership of the Voting Securities immediately before such merger, consolidation or reorganization, 

 (B) the individuals who were members of the Incumbent Board immediately
prior to the execution of the agreement providing for such merger, consolidation or reorganization constitute at least two-thirds of the members of the board of directors of the Surviving Corporation, or a corporation beneficially directly or
indirectly owning a majority of the Voting Securities of the Surviving Corporation, and no agreement, plan or arrangement is in place to change the composition of the board of directors following the merger, consolidation or reorganization; and

 (C) no Person other than (i) the Company, (ii) any Subsidiary, (iii) any employee benefit plan
(or any trust forming a part thereof) maintained by the Company, the Surviving Corporation, or any Subsidiary, or (iv) any Person who, immediately prior to such merger, consolidation or reorganization had Beneficial Ownership of twenty percent
(20%) or more of the then outstanding Voting Securities, has Beneficial Ownership of twenty percent (20%) or more of the combined voting power of the Surviving Corporation’s then outstanding voting securities. 

(ii) A complete liquidation or dissolution of the Company; or 

(iii) The sale or other disposition of all or substantially all of the assets of the Company to any Person (other than a
transfer to a Subsidiary). 
 Notwithstanding the foregoing, a Change in Control shall not be deemed to occur solely because any Person (the
“Subject Person”) acquired Beneficial Ownership of more than the permitted amount of the then outstanding Voting Securities as a result of the acquisition of Voting Securities by the Company which, by reducing the number of Voting
Securities then outstanding, increases the proportional number of Shares Beneficially Owned by the Subject Persons, provided that if a Change in Control would occur (but for the operation of this sentence) as a result of the acquisition of Voting
Securities by the Company, and after such share acquisition by the Company, the Subject Person becomes the Beneficial Owner of any additional Voting Securities which increases the percentage of the then outstanding Voting Securities Beneficially
Owned by the Subject Person, then a Change in Control shall occur.

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