Document:

EXHIBIT 10.15.1

 Exhibit 10.15.1 
 Execution Copy 
 VA – GLICNY/UFLIC 
 FIRST AMENDMENT TO REINSURANCE AGREEMENT 
 THIS FIRST AMENDMENT TO REINSURANCE AGREEMENT
dated as of December 17, 2008 (this “Amendment”), is made by and between GENWORTH LIFE INSURANCE COMPANY OF NEW YORK (formerly GE CAPITAL LIFE ASSURANCE COMPANY OF NEW YORK), an insurance company organized under the laws of the State
of New York (“Company”) and UNION FIDELITY LIFE INSURANCE COMPANY, an insurance company organized under the laws of the State of Illinois (“Reinsurer”). 
 RECITALS 
 WHEREAS, Company and Reinsurer entered into a Reinsurance Agreement with respect to
the Company’s variable annuity business dated as of April 15, 2004 (the “Agreement”); and 
 WHEREAS, Company and Reinsurer desire to
amend, in the manner set forth in this Amendment, the provisions of the Agreement; 
 NOW, THEREFORE, for and in consideration of the premises and the
covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 
 AMENDMENTS 
  

	 	1.	Definitions. Unless otherwise defined herein, capitalized terms used herein shall have the same meaning given to them in the Agreement, as amended hereby.

  

	 	2.	Effective Date of Amendment. This Amendment shall be effective as of January 1, 2008 (the “Effective Date”) as to all rights and obligations of the parties
affected thereby accruing under the Agreement. 

  

	 	3.	Sections 3.6, 6.8 and 13.11. Sections 3.6, 6.8 and 13.11 are amended by the addition of the following sentence at the end of each: 

 “The information (including records, files, accounts, documents, papers, books, reports and other information) to be furnished to the Reinsurer by
the Company include those set forth in Schedule K, as may be amended from time to time, attached hereto and incorporated herein.” 
  

	 	4.	Section 5.1. Section 5.1 of the Agreement is hereby amended to replace all references to “Schedule F” with “Amended and Restated Schedule F”
dated January 1, 2008. 

  

	 	5.	Schedule F. Schedule F to the Agreement – Expense Allowances – is hereby deleted in its entirety and replaced by the attached “Amended and Restated Schedule
F” dated January 1, 2008. 

	 	6.	Schedule G. Schedule G to the Agreement – Part III – Monthly Settlement Report, and Part IV – Quarterly Settlement Report – are each hereby amended to
replace the term “Expense Factor” therein with the term “Expense Allowance.” 

  

	 	7.	Schedule K. Schedule K attached to this Amendment and made a part hereof is hereby made a part of the Agreement as a new Schedule K thereto. 

  

	 	8.	Ratification. Company and Reinsurer each hereby acknowledge and agree that, except as expressly amended or modified by this Amendment, the terms and provisions of the
Agreement are ratified and confirmed and remain in full force and effect. 

  

	 	9.	Execution in Counterparts. This Amendment may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original and all of which
when taken together shall constitute one and the same agreement. Delivery of an executed counterpart of a signature page to this Amendment by facsimile shall be effective as delivery of a manually executed counterpart of this Amendment.

  

	 	10.	Severability. Any provision of this Amendment that is prohibited or unenforceable in any jurisdiction shall, as to such provision and such jurisdiction, be ineffective to the
extent of such prohibition or unenforceability without invalidating the remaining provisions of this Amendment or affecting the validity or enforceability of such provision in any other jurisdiction. 

  

	 	11.	Amendments. This Amendment shall be subject to and may be entered into only upon receipt of any required regulatory approvals. 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their respective officers thereunto duly authorized as of the day and year first
above written. 
  

									
	 GENWORTH LIFE INSURANCE
 COMPANY OF
NEW YORK
	 		 	 UNION FIDELITY LIFE INSURANCE
 COMPANY

					
	By:	 	 /s/ Kelly Lee Groh
	 		 	By:	 	 /s/ Lakshman Shanmugam

	Name:	 	Kelly Lee Groh	 		 	Name:	 	 Lakshman Shanmugam

	Title:	 	Sr. Vice President & CFO	 		 	Title:	 	 VICE PRESIDENT & CHIEF FINANCIAL OFFICER

	Date:	 	 December 18, 2008
	 		 	Date:	 	 12-18-2008

  

 2 

 AMENDED AND RESTATED SCHEDULE F 
 JANUARY 1, 2008 
 EXPENSE ALLOWANCE 
 The Expense Allowance will be calculated monthly and billed to Reinsurer in the next Monthly Settlement Report due to Reinsurer. The Expense Allowance equals the Monthly
Reinsured Contract Maintenance Reimbursement minus the Monthly Fund Company Administrative Expense Service Share, calculated as follows: 
 1. Monthly
Reinsured Contract Maintenance Reimbursement for any given month equals: 
 (Monthly Reinsured Contract Count for such month Multiplied by
Policy Maintenance Factor) Divided by 12 
 Monthly Reinsured Contract Count for the above calculation shall be calculated as follows:

  

			
	Beginning Monthly Count:	  	The number of Reinsured Contracts in effect on the first day of the applicable calendar month
		
	Ending Monthly Count:	  	The number of Reinsured Contracts in effect on the last day of the applicable calendar month
		
	Monthly Reinsured Contract Count:	  	(Beginning Monthly Count plus Ending Monthly Count) Divided by 2

 2. The Policy Maintenance Factor. The “Policy Maintenance Factor” in effect as of January 1,
2008, through December 31, 2008, is $57.13. Beginning on January 1, 2009, and thereafter on each anniversary of such date during the term of this Agreement, the Policy Maintenance Factor in effect for the following twelve-month period
shall be adjusted to equal one hundred and two percent (102%) of the Policy Maintenance Factor in effect for the immediately preceding twelve-month period. (For example, the Policy Maintenance Factor in effect for the twelve-month period
commencing on January 1, 2009, shall equal $58.27, or $57.13 Multiplied by 1.02, rounded to two decimal places.) 
 3. Monthly Fund Company
Administrative Expense Service Share (“Monthly Service Share”) 
  

	 	a.	Interim Method (January 1, 2008 – June 30, 2008 (“Interim Period”) 

 Monthly Service Share for any given month in the Interim Period equals (Average Monthly AUM for such month Multiplied by Then-Current Annual Fee Rate) Multiplied by (the number of calendar days in such month Divided
by 365) where: 
 “Average Monthly AUM” means the average of the assets under management (“AUM”) for the Reinsured
Contracts for such month calculated as follows: 
 Beginning Monthly AUM equals AUM for the Reinsured Contracts on the first calendar
day of the applicable month 
  

 3 

 Ending Monthly AUM equals AUM for the Reinsured Contracts on the last calendar day of the
applicable month 
 Average Monthly AUM equals (Beginning Monthly AUM plus Ending Monthly AUM) Divided by 2 
 The “Then-Current Annual Fee Rate” is determined on the last calendar day of each month and shall be equal to the fund company administrative
expense rates in effect on that day for the total assets under management for all of Company’s variable annuity products. 
  

	 	b.	Daily Method (Beginning July 1, 2008 and thereafter) 

 Monthly Service Share for any month equals the sum of all Daily Service Share amounts for such month where: 
 Daily Service Share
equals (Daily AUM for the Reinsured Contracts Multiplied by Then-Current Annual Fee Rate) Divided by 365 
 “Daily AUM” means the
daily closing price value of the assets under management for the Reinsured Contracts. 
 “Then-Current Annual Fee Rate” has the
meaning set forth above. 
  

	 	c.	Reconciliation 

 Upon expiration of the Interim
Period, the Company will recalculate the Monthly Service Share credits for the Interim Period using the Daily Method set forth above, and remit a true-up report to Reinsurer in the next Monthly Settlement Report setting forth the amount owed to
Company or due to Reinsurer based upon the recalculation. 
 4. Charges for Special Projects: 
 Special Projects are certain projects described below as “Additional Projects” or “Requested Projects” (together, “Special Projects”)
eligible for payment by the Reinsurer pursuant to the Agreement. Costs and expenses for Additional Projects or Requested Projects shall be paid by Reinsurer in accordance with the provisions set forth herein. The costs and expenses for ordinary
course system maintenance and development projects are subsumed in the Expense Allowance referenced in Section 1, above, and accordingly, the costs and expenses for such items are not chargeable to the Reinsurer as a Special Project.

  

 4 

	 	a.	Additional Projects. “Additional Projects” are operational or technology changes required for the Reinsured Contracts to maintain legal and regulatory compliance
with Applicable Law and the mandates of Governmental Authorities with jurisdiction. With respect to Additional Projects, Company shall provide to Reinsurer: (i) written documentation of the legal, regulatory or compliance requirement for which
the operational or technology change is being made, and (ii) a good faith estimate of the associated costs and expenses for implementation of such operational or technology change. Costs and expenses for Additional Projects shall be billed to
and paid by Reinsurer based upon the proportionate share of in-force Reinsured Contracts to the total number of in-force Company variable annuity contracts during the period when the charges are incurred. Costs and expenses for Additional Projects
shall be directly billed to and paid by Reinsurer, in accordance with the provisions set forth herein, after such costs and expenses are incurred by Company, its Subsidiaries or Affiliates. 

  

	 	b.	Requested Projects. “Requested Projects” are projects or changes pertaining to the Reinsured Contracts for which the Reinsurer makes a specific written request to
Company and for which the parties reach a mutual written agreement with respect to costs and expenses. The full amount of costs and expenses for Requested Projects shall be directly billed to and paid by Reinsurer after such costs and expenses are
incurred by Company; provided, however, if (a) Reinsurer’s requested project can be limited solely to the Reinsured Contracts and (b) Company expands the project to include policies other than the Reinsured Contracts then, in such
instance, costs will be apportioned in the same manner as for an Additional Project. 

 5. Dispute Resolution. The parties shall (and
shall cause their respective designated representatives to) negotiate in good faith to resolve all disagreements hereunder as promptly as practicable. Disputes which the parties are unable to resolve, if any, shall be resolved in accordance with the
provisions of Article XII of the Agreement. Pending resolution of the dispute, Reinsurer will pay the costs and expenses as outlined above. If the outcome of the dispute resolution process is a determination that: (i) the project does not
constitute an Additional or Requested Project; or (ii) that Reinsurer’s proportionate share of costs and expenses was lower than the amount charged by Company, then Company shall, within thirty (30) days, reimburse Reinsurer, as
applicable, for amounts already paid for the ineligible project or the differential in the costs and expenses previously paid by Reinsurer and the lower proportionate share of costs and expenses, and in either case, with interest at the rate set
forth in Section 6.9 from the time of Reinsurer’s payment until the date of reimbursement. Further, notwithstanding the provisions of Section 12.4(f) of Article XII of the Agreement, and with respect to an Additional or Requested
Project only, the losing party in any arbitration shall pay the prevailing party’s attorney’s fees and costs. 
  

 5 

 SCHEDULE K 
 INFORMATION AND REPORTING 
 TO BE PROVIDED TO THE REINSURER 
  

	1.	In General 

 Company shall provide Reinsurer with copies of its
routine and/or ongoing evaluation of the Reinsured Contracts including information pertaining to customer service, operations and/or claims and including dashboards, scorecards and/or other metrics, as provided to Company’s management, at the
same intervals, but in no event on less than a quarterly basis. 
  

	2.	Legal/Litigation 

  

	 	a.	Provide Reinsurer with quarterly reports (in a format and with information reasonably requested by Reinsurer) of (1) litigation and (2) pre-litigation decisions,
settlements and other actions relating to disputes and/or complaints, within one calendar month of the end of the period, as follows: 

  

			
	 Data Through
	  	 Report Due

	 March 31
	  	April 30
		
	 June 30
	  	July 31
		
	 September 30
	  	October 31
		
	 December 31
	  	January 31

  

	 	b.	Advise Reinsurer in writing within ten (10) business days of receipt by counsel for Company of written notice of any disputed claim (including, litigation, arbitration or any
other formal proceeding) related to a Reinsured Contract or the Agreement which could create an exposure to the Reinsurer of $500,000 or more. 

  

	 	c.	As respects matters pertaining to a Reinsured Contract or the Agreement, promptly advise the Reinsurer in writing of any investigation or litigation the Reinsurer is required to
report to GE according to the current GE reporting criteria, a copy of which shall be provided by the Reinsurer. 

  

	3.	Exceptions Reporting 

 On a quarterly basis, Company shall prepare a
report that contains information related to the following: (i) any decision to make a payment to a Policyholder where the payment is made outside of the terms and conditions of the Reinsured Contracts; and (ii) any extracontractual
determinations that may create an economic liability for Reinsurer. By way of example, the reported information may include overpayments of benefits, administrative exceptions and policy reinstatements outside the terms and conditions of the
Reinsured Contracts. Information to be sent to Reinsurer with the quarterly legal report. 
  

 6EXHIBIT 10.34

 Exhibit 10.34 
 GENWORTH FINANCIAL, INC. 
 RETIREMENT AND SAVINGS RESTORATION PLAN 
 (As Amended and Restated Effective January 1, 2009) 

 INTRODUCTION 
 Effective September 27, 2005, Genworth Financial, Inc. established the Genworth Financial, Inc. Retirement and Savings Restoration Plan as a non-qualified deferred compensation plan established and maintained
solely for the purpose of providing a select group of highly-compensated and management employees with Company Contribution Credits that they are precluded from receiving under the Genworth Financial, Inc. Retirement and Savings Plan as a result of
limitations imposed under Internal Revenue Code Sections 401(a)(17) and 415. The Plan was most recently amended and restated effective as of November 3, 2006 (the “Prior Plan”). Effective as of January 1, 2009, the Prior Plan is
amended and restated as set forth in this document to comply with Code Section 409A and for certain other purposes. 
 The Genworth
Financial, Inc. Board of Directors has determined that the benefits to be paid under this Plan constitute reasonable compensation for the services rendered and to be rendered by eligible employees. 
 The Plan shall be unfunded for tax purposes and for purposes of Title I of the Employee Retirement Income Security Act of 1974, as amended
(“ERISA”). The Plan is intended to comply with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”). The Plan is intended to be a “top-hat” plan within the meaning of ERISA
Sections 201(2), 301(a)(3) and 401(a)(1) and shall be administered and interpreted to the extent possible in a manner consistent with that intent. 
 SECTION I 
 DEFINITIONS 
 Whenever used in the Plan, the following terms shall have the meanings set forth below unless otherwise expressly provided. Wherever used, the masculine pronoun shall be deemed to refer either to a male or female, and the singular shall be
deemed to refer to the singular or plural, as appropriate by context. 
 1.1 Account. The bookkeeping account maintained under the
Plan for each Participant by the Company to record his Company Contribution Credits plus earnings and losses thereon. 
 1.2
Beneficiary. The person(s) or entity designated by the Participant to receive his benefits under the Plan in the event of his death. 
 1.3 Code. Internal Revenue Code of 1986, as amended. 
 1.4 Committee. The Benefits Committee appointed by the Board
to be responsible for the Plan and its administration. 
  

 2 

 1.5 Company. Genworth Financial, Inc. 
 1.6 Company Contribution Credits. Contribution amounts credited to a Participant’s Account pursuant to Section 3.1. 
 1.7 Compensation. Eligible Pay as defined in the Savings Plan feature of the Qualified Plan in excess of the Code Section 401(a)(17) limits
paid to an Eligible Employee by the Company during each calendar year. 
 1.8 Effective Date. September 27, 2005. 
 1.9 Employee. A person receiving eligible pay from the Company or an affiliate that participates in the Plan. 
 1.10 Participant. An Executive Employee who: 
  

	 	(i)	is assigned to salary band 1 by the Company; 

  

	 	(ii)	has elected to make at least a 5% Pre-Tax Contribution to the Qualified Plan during an entire Plan Year or from the date an Employee first satisfies the requirements in (i) and
(iii) of this Section 1.10 if such date occurs during the Plan Year; and 

  

	 	(iii)	has contributions under the Qualified Plan limited because of Code Section 401(a)(17) or Code Section 415, as adjusted from time to time. 

 Notwithstanding the foregoing, effective as of October 20, 2006 at the Company’s acquisition of AssetMark Investment Services, Inc.
(“AssetMark” ) through the Plan Year ending December 31, 2009, current Employees of AssetMark on October 20, 2006 and individuals hired directly by the Genworth Financial Asset Management business (“GFAM”) thereafter
shall not be eligible to participate. Employees who are employed by the Company or a participating affiliate other than AssetMark as of October 20, 2006 or later and are subsequently transferred to GFAM shall retain their eligibility to
participate, provided they continue to meet the requirements of this Section. Effective January 1, 2010, Employees of AssetMark shall be eligible to participate on the same basis as Company Employees. 
 Notwithstanding the foregoing, effective as of August 29, 2008 at the Company’s acquisition of Quantuvis Consulting, Inc.
(“Quantuvis”), current Employees of Quantuvis on August 29, 2008 and individuals hired directly by the Company’s Quantuvis business unit thereafter shall not be eligible to participate. Employees who are employed by the Company
or a participating affiliate other than Quantuvis as of August 29, 2008 or later and are subsequently transferred to the Quantuvis business unit shall retain their eligibility to participate, provided they continue to meet the requirements of
this Section. 
 1.11 Plan. The Genworth Financial, Inc. Retirement and Savings Restoration Plan. 
  

 3 

 1.12 Plan Year. The initial Plan Year is from the Effective Date to December 31, 2005.
Thereafter, the Plan Year will be the calendar year. 
 1.13 Pre-Tax Contribution Election. The election made by a Participant under
the Qualified Plan to contribute a portion of Compensation on a pre-tax basis to the Qualified Plan. 
 1.14 Qualified Plan. The
Genworth Financial, Inc. Retirement and Savings Plan, as amended from time to time. 
 SECTION II 
 ELIGIBILITY/PARTICIPATION 
 2.1 In
General. An eligible Employee shall become a Participant in the Plan as of the date he makes an initial Pre-Tax Contribution Election electing to make at least a 5% Pre-Tax Contribution under the Qualified Plan. The Committee shall have sole
discretion in determining an Employee’s eligibility for and inclusion in this Plan. 
 2.2 Termination of Participation.
Contributions shall cease upon a Participant’s termination of employment or if the Participant ceases to be an eligible Employee. Notwithstanding the foregoing, a vested Participant who has terminated employment remains a Participant until all
of his Plan benefits have been paid. 
 2.3 Change in Status. If a Participant ceases to be an eligible Employee but continues to be
employed by the Company, then Company Contribution Credits on his behalf under this Plan shall be suspended. 
 SECTION III 
 RESTORATION BENEFITS 
 3.1 Company
Contribution Credits. Each Participant shall be credited for each Plan Year with the amount of company contributions under the Qualified Plan that were reduced due to the Code Section 401(a)(17) or 415 limits. Company Contribution Credits
will be discontinued while a Participant is on long-term disability or if a Participant is receiving severance payments. Effective January 1, 2007, the annual Company Contribution Credit per participant shall in no event exceed $80,000.

 3.2 Timing of Company Contribution Credits. Within 90 days following the end of the Plan Year, each Participant’s Account will
be credited with Company Contribution Credits as provided in Section 3.1 above. 
  

 4 

 3.3 Participant Contributions. A Participant is not required or permitted to make contributions to
the Plan. 
 3.4 Vesting. Each Participant shall become 100% vested in his Account upon the attainment of age 60, disability, death or
executive separations as approved by the Company’s Management Development and Compensation Committee (“MDCC”). If the Participant terminates employment with the Company or an affiliate before age 60 for any reason other than death,
disability or executive separations as approved by the Company’s MDCC, his Account will be forfeited. For purposes of this Plan, disability will be determined in accordance with the Company’s long-term disability plan. Notwithstanding the
foregoing, a Participant shall become 100% vested in his Account upon a “Qualified Termination” following a Change of Control, as defined in the Genworth Financial, Inc. 2005 Change of Control Plan, as may be amended from time to time. In
the event of a business disposition, as determined by the Committee, the Committee may provide that any Participant terminated due to a given disposition shall become 100% vested, notwithstanding the Participant’s age, provided he or she was an
eligible Employee with a minimum of ten years of service as of the preceding December 31 and satisfies any other conditions established by the Committee with respect to a given business disposition. 
 3.5 Earnings on Accounts. The rate of return credited to each Participant’s Account will be reasonable and shall mirror the rate of return
based on one or more of the investment options offered under the Qualified Plan, as determined by the Committee. Effective as soon as administratively feasible following a Participant’s separation from service, no additional earnings (or
losses) will accrue with respect to each Participant’s Account. 
 3.6 Benefits to Minors and Incompetents. 
 (a) If any person entitled to receive payment under the Plan is a minor, the Company shall pay the amount directly to the minor, to a
guardian of the minor, or to a custodian selected by the Company under the appropriate Uniform Transfers to Minors Act. 
 (b)
If a person who is entitled to receive payment under the Plan is physically or mentally incapable of personally receiving and giving a valid receipt for any payment due (unless a previous claim has been made by a duly qualified committee or other
legal representative), the payment may be made to the person’s spouse, son, daughter, parent, brother, sister or other person deemed by the Company to have incurred expense for the person otherwise entitled to payment. The Company may not be
compelled to select any method that it does not deem to be in the best interest of the distributees. 
  

 5 

 SECTION IV 
 PARTICIPANT ACCOUNTS 
 4.1 Participant Accounts. The Company shall maintain, or cause to be
maintained, records for each Participant showing the amounts credited from time to time to his Account. 
 SECTION V 
 PAYMENT OF RESTORATION BENEFITS 
 5.1
Commencement of Benefits. 
 (a) Benefits under this Plan shall commence within 90 days following the later of the
Participant’s attainment of age 60 or separation from service with the Company or an affiliate, but for “specified employees” as defined under Code Section 409A, in no event shall benefits commence earlier than six months
following such Participant’s separation from service date. 
 (b) If, prior to the commencement of benefits under
(a) above, a Participant dies, the Participant’s benefits shall be paid to the Participant’s Beneficiary within 90 days following the Participant’s death. The six-month delay period for “specified employees” as
described in (a) above will not apply in the event of death of the Participant. 
 (c) If, prior to the commencement of
benefits under (a) above, a Participant becomes disabled, determined in accordance with the Company’s long-term disability plan, the Participant’s benefits shall commence twelve months after the Participant’s last day worked due
to an approved disability leave. 
 5.2 Method of Payment. 
  

	 	(a)	Subject to (b) below, the Participant’s Account shall be distributed to him (or his Beneficiary, if applicable) in substantially equivalent annual installment payments
over a ten-year period. The Participant’s Account balance will not remain subject to market risk associated with the mirrored investment options as described in Section 3.5 during the ten-year installment payment period.

  

	 	(b)	 If, as of the day following the annual Company Contribution Credits described in Section III immediately preceding his separation from service date, the
Participant’s Account balance is less than $50,000, his benefit shall be distributed to him (or his beneficiary, if applicable) in a lump sum in cash. Subject to the provisions of this Section, the Participant will receive an initial
distribution of his Account balance within 90 days 

  

 6 

	 	 
following his separation from service date on or after attaining age 60, based upon his Account balance as of the most recent annual Company Contribution
Credits described in Section III and then a subsequent final distribution within 90 days following the final Company Contribution Credit for the Participant’s partial year of employment up to his separation from service date (final eligibility
period). 

 SECTION VI 
 BENEFICIARY 
 6.1 Designation of Beneficiary. A Participant may, in the manner determined by the Committee, designate a
Beneficiary and one or more contingent Beneficiaries to receive any benefits which may be payable under the Plan upon his death. A Participant may revoke or change any designation made under this Section 6.1 in the manner determined by the
Committee. If a Participant fails to designate a Beneficiary, the payment of benefits under the Plan on account of his death shall be governed by the beneficiary elections designated by the Participant under the Qualified Plan. If no designation has
been made under the Qualified Plan, benefits will be paid to the Participant’s spouse, if married, or to his estate, if single. 
 SECTION VII 
 TAXES 
 7.1 Withholding Taxes. Benefits paid under the Plan may be subject to federal, state and local income and payroll taxes. The Committee shall arrange for all such taxes to be paid in the manner required by law. The Participant’s
share of Social Security and Medicare (“FICA”) taxes will be calculated proximate to the separation from service date and paid by deducting such amounts from a Participant’s regular pay, if any. If no regular pay is available to pay
FICA taxes due, such taxes will be deducted from any payments made under the Plan. If no payments are being made from which FICA taxes may be deducted, the Participant agrees to remit such taxes to the Company upon request. The company reserves the
right to offset all unpaid taxes against the interest of a Participant under the Plan. 
 SECTION VIII 
 ADMINISTRATION 
 8.1 Administration.
This Plan shall be administered by the Committee, which shall have complete authority in its sole discretion to make, amend, interpret and enforce rules and regulations for the administration of this Plan and decide or resolve in its sole discretion
any and all questions which may arise in connection with this Plan. The Committee may delegate certain of its duties to one or more Employees or to a separate committee appointed by the Committee. 
  

 7 

 8.2 Employment of Agents. In the administration of this Plan, the Committee may, from time to
time, employ agents and delegate to them such administrative duties as it sees fit and may, from time to time, consult with counsel, including counsel to the Company. 
 8.3 Decisions. The decision or action of the Committee in respect of any question arising out of or in connection with the administration, interpretation and application of this Plan and the rules and
regulations hereunder shall be final and conclusive and binding upon all persons having any interest in this Plan. 
 SECTION IX 

AMENDMENT AND TERMINATION 
 9.1
Amendment or Termination. The Committee reserves the right, by written resolution, to amend, modify or terminate, either retroactively or prospectively, any or all of the provisions of this Plan, provided such amendment or termination
complies with Code Section 409A; provided, however, that no such action on its part shall adversely affect the rights of a Participant, or beneficiaries without the consent of such Participant (or beneficiaries, if the Participant is deceased)
with respect to any benefits accrued under this Plan prior to the date of such amendment, modification or termination of the Plan if the Participant has at that time a non-forfeitable right to benefits under Section 3.3 of this Plan.

 SECTION X 
 GENERAL CONDITIONS

 10.1 Funding. The benefits payable under this Plan shall be paid by the Company out of its general assets and shall not be funded
in any manner. The obligations that the Company incurs under this Plan shall be subject to the claims of the Company’s other creditors having priority as to the Company’s assets. 
 10.2 Assignment. Except as to withholding of any tax under the laws of the United States or any state or locality, no benefit payable at any
time hereunder shall be subject in any manner to alienation, sale, transfer, assignment, pledge, attachment or other legal process, or encumbrance of any kind. Any attempt to alienate, sell, transfer, assign, pledge or otherwise encumber any such
benefit, whether currently or thereafter payable hereunder, shall be void. 
 10.3 No Contract of Employment. No employee and no other
person shall have any legal or equitable rights or interest in this Plan that are not expressly granted in this Plan. Participation in this Plan does not give any person any right to be retained in the employment of the Company. The right and power
of the Company to dismiss or discharge any employee is expressly reserved. 
  

 8 

 10.4 Terms. All terms used in this Plan which are defined in the Qualified Plan shall have the
same meaning herein as therein, unless otherwise expressly provided in this Plan. 
 10.5 Plan Provisions Govern. The rights under
this Plan of a Participant who leaves the employment of the Company at any time and the rights of anyone entitled to receive any payments under this Plan by reason of the death of such Participant, shall be governed by the provisions of this Plan in
effect on the date such Participant leaves the employment of the Company, except as otherwise specifically provided in this Plan. 
 10.6
Governing Law. The law of the Commonwealth of Virginia shall govern the construction and administration of this Plan, to the extent not pre-empted by federal law. 
 10.7 Compliance with Code Section 409A. To the extent applicable, this Plan is intended to comply with Section 409A of the Code, and the Committee shall interpret and administer the Plan in accordance
therewith. In addition, any provision, including, without limitation, any definition, in this Plan document that is determined to violate the requirements of Section 409A of the Code shall be void and without effect and any provision,
including, without limitation, any definition, that is required to appear in this Plan document under Section 409A of the Code that is not expressly set forth shall be deemed to be set forth herein, and the Plan shall be administered in all
respects as if such provisions were expressly set forth. In addition, the timing of certain payment of benefits provided for under this Plan shall be revised as necessary for compliance with Section 409A of the Code. 
  

 9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00154-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00154-of-00352.parquet"}]]