Document:

EX 10.1_2013.12.20 - 01

Exhibit 10.1

AMENDMENT TO THE
FIRSTMERIT CORPORATION AMENDED AND RESTATED
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

WHEREAS, FirstMerit Corporation, an Ohio corporation (the “Corporation”), adopted the FirstMerit Corporation Amended and Restated Supplemental Executive Retirement Plan (the “Plan”), originally effective as of February 13, 1987, and amended and restated effective as of August 28, 1995, January 1, 2001 and January 1, 2008, and amended effective as of January 8, 2009; and
WHEREAS, Section 9.07 of the Plan provides that the Corporation may amend the Plan from time to time, provided that such amendment does not reduce the benefits or rights of any Member (as defined in the Plan) or his Beneficiary (as defined in the Plan) accrued prior to the date of such amendment; and 
WHEREAS, the Corporation desires to make the amendments to the Plan set forth herein (the “Amendment”); and
WHEREAS, subject to the provisions of Article X of the Plan (as modified by this Amendment), the purpose and intent of the Amendment are to freeze the benefit payable under the Plan to the CEO at the level of the benefit accrued by the CEO under the Plan as of November 30, 2013, such that neither later increases nor decreases in the CEO’s compensation nor any other change in circumstances shall cause any increase or decrease in the amount payable to the CEO under the Plan, provided that nothing contained in this Amendment shall change the timing of the payment to the CEO of his benefit in a single lump sum amount under the Plan; and
WHEREAS, this Amendment shall be administered and interpreted consistently with the intent and purpose expressed in the preceding paragraph;
NOW, THEREFORE, the Corporation hereby amends the Plan by:
1.    Adding a new subparagraph (g) at the end of Section 4.02 to read as follows:

“(g) Notwithstanding any other provision of the Plan, but subject to the provisions of Article X of the Plan (as modified by the Amendment to the Plan dated December 20, 2013), the amount payable to the CEO on his Benefit Commencement Date shall be determined as follows:
(i) The Monthly Retirement Income of the CEO shall be determined pursuant to the preceding provisions of Section 4.02 as if the CEO had terminated employment on November 30, 2013.
(ii) The Actuarial Equivalent lump sum value of the Monthly Retirement Income determined pursuant to the preceding paragraph (i) shall be calculated based on the actuarial factors that would be applied in the case of the CEO if his Retirement Date was in 2013.
(iii) The amount determined pursuant to the preceding paragraph (ii), which equals $20,486,888, shall be credited to a cash balance pension account to be maintained under the Plan for the CEO.
(iv) The cash balance pension account described in the preceding paragraph (iii) shall be maintained, without crediting any interest on the amount credited to such cash balance account, until such time as payment of the benefit of the CEO (which shall be treated for purposes of the other provisions of the Plan as Post-2004 Monthly Retirement Income) is required by the other terms of the Plan, at which 

time the amount credited to such cash balance pension account shall be paid to the CEO, or, if applicable, his Beneficiary, pursuant to the other terms of the Plan, and such payment shall be in satisfaction of all amounts owed to the CEO (or his Beneficiary) under the Plan.”
2.    Amending Section 10.01 of the Plan to read in its entirety as follows:

“Section 10.01  (a) In the case of Members other than the CEO, the Committee may forfeit the Pre-2005 Monthly Retirement Income and/or the Post-2004 Monthly Retirement Income, or suspend the payment of the Pre-2005 Monthly Retirement income, payable to any such Member, or Beneficiary of any such Member, if the Committee determines, in its sole discretion, that such Member committed one or more of the following acts while employed by the Employer:
		
	(i)
	Felonious criminal activity whether or not affecting the Employer.

		
	(ii)
	Disclosure to unauthorized persons of Employer information which is believed by the Board of Directors to be confidential.

		
	(iii)
	Dishonesty or breach of any contract with, or violation of any legal obligation to, the Employer.

		
	(iv)
	Gross negligence or insubordination in the performance of duties of the position held by such Member.

(b) The Committee may forfeit or suspend the benefit of the CEO under the Plan if the CEO commits one or more of the following acts while employed by the Employer and the Committee gives the CEO written notice of its intention to do so (such notice to be effective on the date it is given and such date being called the “Forfeiture/Suspension Date”):
		
	(i)
	Any act of fraud, intentional misrepresentation, embezzlement, misappropriation or conversion by the CEO of the assets or business opportunities of the Company or any other entity that is related through common ownership to the Company (the Company and all other entities related through common ownership to the Company are individually called “Group Members” and collectively are called the “Group”);

		
	(ii)
	Conviction of the CEO of (or plea by the CEO of guilty to) a felony (or a misdemeanor that originally was charged as a felony but was reduced to a misdemeanor as part of a plea bargain) or intentional and repeated violations by the CEO of the Company’s written policies or procedures;

		
	(iii)
	Disclosure, other than through mere inadvertence or other than acting in the course and scope of duties or pursuant to a subpoena, to unauthorized persons of any Confidential Information (as defined below);

		
	(iv)
	Intentional and material breach of any contract with or violation of any legal obligation owed to the Group, the Company or any Group Member provided that a breach shall be considered intentional and material only if the CEO fails to cure to the best of the CEO’s ability such breach within thirty (30) days after delivery to the CEO of a notice from the Board specifying such breach;

		
	(v)
	The CEO’s (A) willful and intentional failure to materially comply (to the best of his ability) with a specific, written direction of the Board of Directors that is consistent with 

normal business practice and not inconsistent with the CEO’s responsibilities under any employment agreement between the CEO and the Company, provided that a failure shall be considered willful only if the CEO fails to cure to the best of the CEO’s ability any such failure to materially comply with such written direction of the Board of Directors within thirty (30) days after delivery to the CEO of a notice from the Board of Directors specifying any such failure; and further provided that any such failure shall not be deemed willful or intentional if based on the CEO’s good faith belief, as expressed by written notice to the Board of Directors given within thirty (30) days after such failure, that the implementation of such direction of the Board of Directors would be unlawful or unethical and such notice is accompanied by the opinion of nationally recognized corporate counsel that such implementation would be unlawful or unethical, (B) willful engagement in gross misconduct materially and demonstrably injurious to the Group, the Company or any Group Member or (C) material breach of any employment agreement between the CEO and the Company, provided that such breach is not cured within thirty (30) days after delivery to the CEO of a notice from the Board of Directors requesting cure; or
		
	(vi)
	Any intentional cooperation with any party attempting to effect a Change in Control (as defined in any change in control or displacement agreement between the CEO and the Company) unless (A) the Board of Directors has approved or ratified that action before the Change in Control or (B) that cooperation is required by law.

However, the CEO will not be considered to have committed any of the acts set forth above solely because the CEO is absent from active employment during periods of paid-time-off, consistent with the Company’s applicable paid-time-off policy, sickness or illness or while suffering from an incapacity due to physical or mental illness, including a condition that does or may result in a Disability or other period of absence initiated by the CEO and approved by the Company.
The CEO’s benefit under the Plan may not be forfeited or suspended unless:
		
	(x)
	No fewer than (30) days prior to the Forfeiture/Suspension Date, the Committee provides the CEO with written notice (the “Notice of Consideration”) of its intent to consider forfeiture or suspension of the CEO’s benefit under the Plan, including a detailed description of the specific reasons which form the basis for such consideration;

		
	(y)
	On a date designated in the Notice of Consideration, which date shall be at least thirty (30) days following the date the Notice of Consideration is provided, the CEO shall have the opportunity to appear before the Board of Directors, with or without legal representation, at the CEO’s election, to present arguments and evidence on his own behalf; and

		
	(z)
	Following the presentation to the Board of Directors as provided in subparagraph (y) above or the CEO’s failure to appear before the Board of Directors at the date and time specified in the Notice of Consideration, the CEO’s benefit under the Plan may be forfeited or suspended only if the Board of Directors, by a seventy-five percent  (75%) vote of its members (excluding the CEO if he is a member of the Board of Directors), determines that the actions or inactions of the CEO specified in the Notice of Consideration occurred, that such actions or inactions constitute one or more of the acts set forth in subparagraph  (i) 

through (vi) above and that the CEO’s benefit under the Plan shall be forfeited or suspended.
		
	(c)
	“Confidential Information” means any and all information (other than information in the public domain) related to the Group’s, the Company’s or any Group Member’s business, including all processes, inventions, trade secrets, computer programs, technical data, drawings or designs, information concerning pricing and pricing policies, marketing techniques, plans and forecasts, new product information, information concerning methods and manner of operations and information relating to the identity and location of all past, present and prospective customers and suppliers.”

IN WITNESS WHEREOF, this Amendment is adopted this 20th day of December, 2013.
FIRSTMERIT CORPORATION

By:  /s/ Christopher J. Maurer_______________
Print Name:  Christopher J. Maurer__________    
Title:  Executive Vice President_____________COO-EX10.2_2013.10.31-10K

Exhibit 10.2

CHANGE IN CONTROL AGREEMENT

THIS CHANGE IN CONTROL AGREEMENT (this "Agreement"), dated as of January 3, 2007, is made by and between The Cooper Companies, Inc., a Delaware corporation (the "Company"), and Albert G. White, III ("Executive").

WITNESSETH:

WHEREAS, Executive is a senior executive of the Company and has made and is expected to continue to make major contributions to the short- and long-term profitability, growth and financial strength of the Company;

WHEREAS, the Company recognizes that, as is the case for most publicly held companies, the possibility of a Change in Control (as defined below) exists;

WHEREAS, the Company desires to assure itself of both present and future continuity of management and desires to establish certain minimum severance benefits for Executive, applicable in the event of a Change in Control;

WHEREAS, the Company wishes to ensure that Executive is not practically disabled from discharging his duties in respect of a proposed or actual transaction involving a Change in Control;

WHEREAS, the Company desires to provide additional inducement for the Executive to continue to remain in the employ of the Company; and

WHEREAS, on March 16, 2006, the Organization & Compensation Committee of the Board (as defined below) authorized the Company to enter into this Agreement and reaffirmed their approval on December 13, 2006;

NOW, THEREFORE, the Company and Executive agree as follows:

1.    Certain Defined  Terms.  In addition to terms defined elsewhere herein, the following terms have the following meanings when used in this Agreement with initial capital letters:

(a)    "Base Pay" means Executive's annual base salary rate as in effect from time to time.

(b)    "Board" means the Board of Directors of the Company.

(c)    "Cause" means gross misconduct injurious to the Company, as determined in a written opinion rendered to the Board by the Company's  outside counsel, and which

has not been remedied (to the fullest extent possible) by the Executive within ten days after written notice thereof to Executive by the Board.

Notwithstanding the foregoing, Executive shall not be deemed to have been terminated for "Cause" hereunder unless and until there shall have been delivered to the Executive a copy of a resolution duly adopted by the affirmative vote of not less than two-thirds of the Board then in office at a meeting of the Board called and held for such purpose, after reasonable notice to the Executive and an opportunity for the Executive, together with the Executive's counsel (if the Executive chooses to have counsel present at such meeting), to be heard before the Board, finding that, in the good faith opinion of the Board, the Executive had committed an act constituting "Cause" and specifying the particulars thereof in detail. Nothing herein will limit the right of the Executive or his beneficiaries to contest the validity or propriety of any such determination.

(d)    "Change in Control" means the occurrence during the Term of any of the following events:

(i)The acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act) (a "Person") of beneficial ownership (within the meaning  of Rule 13d-3 promulgated under the Exchange Act) of 50% or more of the combined voting power of the then outstanding Voting Stock of the Company; or

(ii)consummation of a reorganization, merger or consolidation, a sale or other disposition of all or substantially all of the assets of the Company, or other transaction (each, a "Business Combination"), unless, in each case, immediately following such Business Combination, (A) all or substantially all of the individuals and entities who were the beneficial owners of Voting Stock of the Company immediately prior to such Business Combination beneficially own, directly or indirectly, more than 50% of the combined voting power of the then outstanding shares of Voting Stock of the entity resulting from such Business Combination (including, without limitation, an entity which as a result of such transaction owns the Company or all or substantially all of the Company's assets either directly or through one or more subsidiaries) in substantially the same proportions relative to each other as their ownership, immediately prior to such Business Combination, of the Voting Stock of the Company and (B) no Person beneficially owns, directly or indirectly, 50% or more of the combined voting power of the then outstanding shares of Voting Stock of the entity resulting from such Business Combination.

(e)    "Employee Benefits" means any life, disability, group health and dental benefit plans; provided, however, that Employee Benefits shall not include contributions made by the Company to any retirement plan, pension plan or profit sharing plan for the benefit of the Executive in connection with amounts earned by the Executive.

(f)    "Exchange Act" means the Securities Exchange Act of 1934, as amended.

(g)    "Subsidiary" means an entity in which the Company directly or indirectly beneficially owns 50% or more of the outstanding Voting Stock.

(h)    "Voting Stock" means securities entitled to vote generally in the election of directors.

2.    Termination Following a Change in Control.

In the event that in the 90 day period following the consummation of a Change in Control, the employment of Executive is terminated by the Company for any reason other than Cause or by Executive for any reason then the Company shall,

(a)on the first day of each of the twelve months following the date of such termination, pay to Executive one-twelfth of the amount of Executive's annual Base Pay as in effect immediately prior to such termination (less applicable withholding), and

(b)for the one year period following such termination, continue to provide to Executive all Employee Benefits which were received by, or with respect to, Executive as of the date of such termination, at no additional expense to Executive.

3.    Successors and Binding Agreement.  (a)  The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) to all or substantially all of the business or assets of the Company, by agreement in form and substance reasonably satisfactory to the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no such succession  had taken place.  This Agreement will be binding upon and inure to the benefit of the Company and any successor to the Company, including without limitation any persons acquiring directly or indirectly all or substantially all of the business or assets of the Company whether by purchase, merger, consolidation, reorganization or otherwise (and such successor shall thereafter be deemed the "Company" for the  purposes of this Agreement), but will not otherwise be assignable, transferable or delegable by the Company.

(b)    This Agreement will  inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees and legatees.

(c)    This Agreement is personal in nature and neither of the parties hereto shall, without the consent of the other, assign, transfer or delegate this Agreement or any rights or obligations hereunder except as expressly provided in Sections 3(a) and 3(b). Without limiting the generality or effect of the foregoing, the Executive's right to receive payments hereunder will not be assignable, transferable or delegable, whether by pledge, creation of a security interest, or otherwise, other than by a transfer by Executive's will or by the laws

of descent and distribution and, in the event of any attempted assignment or transfer contrary to this Section 3(c), the Company shall have no liability to pay any amount so attempted to be assigned, transferred or delegated.

4.    Notices.    For all purposes of this Agreement, all communications, including without limitation notices, consents, requests or approvals, required or permitted to be given hereunder will be in writing and will be deemed to have been duly given when hand delivered or dispatched by electronic facsimile transmission (with receipt thereof orally confirmed), or five business days after having been mailed by United States registered or certified mail, return receipt requested, postage prepaid, or three business days after having been sent by a nationally recognized overnight courier service such as FedEx, UPS, or DHL, addressed to the Company (to the attention of the Secretary of the Company) at its principal executive office and to the Executive at her principal residence, or to such other address as any party may have furnished to the other in writing and in accordance herewith, except that notices of changes of address shall be effective only upon receipt.

5.    Validity.    If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

6.    Arbitration; Governing Law. Any dispute between the parties under this Agreement shall be resolved (except as provided below) in Pleasanton, California through informal arbitration by an arbitrator selected under the rules of the American Arbitration Association and the arbitration shall be conducted in that location under the rules of said Association. The arbitrator shall have the right only to interpret and apply the provisions of this Agreement and may not change its provisions. The arbitrator shall permit reasonable pre-hearing discovery of facts, to the extent necessary to establish a claim or a defense to a claim, subject to supervision by the arbitrator. The determination of the arbitrator shall be conclusive and binding upon the parties and judgment upon the same may be entered in any court having jurisdiction thereof. The arbitrator shall give written notice to the parties stating his or their determination and shall furnish to each party a signed copy of such determination. The expense of arbitration shall be borne equally by the Executive and the Company or as the arbitrator shall otherwise equitably determine.

7.    Miscellaneous. No provision of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing signed by the Executive and the Company. No waiver by either party hereto at any time of any breach by the other party hereto or compliance with any condition or provision of this Agreement to be performed by such other party will be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time.  This

Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof and supersedes any and all prior agreements of the parties with respect to such subject matter. No agreements or representations, oral or otherwise, expressed or implied with respect to the subject matter hereof have been made by either party which are not set forth expressly in this Agreement. References to Sections are to references to Sections of this Agreement.

8.    Counterparts.    This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same agreement.

IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed and delivered as of the date first above written.

THE COOPER COMPANIES, INC.

 /s/ Carol R. Kaufman            
By:    Carol R. Kaufman
Title:     Sr. Vice President of Legal Affairs,
Secretary and CAO

Executive:

 /s/ Albert G. White III    
Name: Albert G. White III
Vice President & Treasurer

AMENDMENT  TO CHANGE IN CONTROL  AGREEMENT

WHEREAS, The Cooper Companies, Inc. (the "Company"), a Delaware corporation, and Albert G. White, III ("Executive") have entered into a Change in Control Agreement dated January 3, 2007 (the "Agreement"); and

WHEREAS, the Company and Executive now mutually desire to amend the Agreement.

THEREFORE, effective upon full execution of this Amendment to the Agreement (the "Amendment"), the Agreement is amended as follows:

		
	1.
	By inserting the following new section as Section l(g) of the Agreement, and by renumbering the following sections accordingly:

"(g)  'Separation from Service' means the termination of Executive's services to the Company and all subsidiaries, whether voluntarily or involuntarily, in accordance with Treas. Reg.    §l.409A-1(h)."

		
	2.
	By adding the following at the end of Section 2 of the Agreement:

"For purposes of the payments contemplated under this Section 2 of the Agreement, termination of the Executive's employment with the Company shall mean the Executive's Separation from Service.  The continuation of Employee Benefits is not subject to liquidation or exchange for other benefits. The right to installment payments shall be treated as the right to a series of separate payments for purposes of Section 409A of the Internal Revenue Code of 1986, as amended (the ‘Code’)."

		
	3.
	By adding the following new section as Section 9 of the Agreement:

"9.    Section 409A Compliance.

(a)To the extent applicable, this Agreement shall be interpreted in accordance with Section 409A of the Code and Department of Treasury regulations and other interpretive guidance issued thereunder.  If the Company and Executive determine that any compensation or benefits payable under this Agreement do not comply with Section 409A of the Code and related Department of Treasury guidance, the Company and Executive agree to amend this Agreement or take such other actions as the Company and Executive deem necessary or appropriate to comply with the requirements of Section 409A of the Code while preserving the economic agreement of the parties.

(b)Notwithstanding any provision to the contrary in this Agreement, if Executive is deemed at the time of his Separation from Service to be a 'specified employee' for purposes of Section 409A(a)(2)(B)(i) of the Code, to the extent delayed commencement of any portion of the benefits to which Executive is entitled under Section 2 of this Agreement is required in order to avoid a prohibited distribution under Section 409A(a)(2)(B)(i) of the Code, such portion of the benefits payable to Executive under Section 2 shall not be paid prior to the earlier of (a) the expiration of the six-month period measured from the date of Executive's Separation from

Service or (b) Executive's death.  Upon the expiration of the applicable Code Section 409A(a)(2)(B)(i) deferral period, all payments deferred pursuant to this Section 9 shall be paid in a lump sum and any remaining payments due under the Agreement shall be paid as otherwise provided herein.  Notwithstanding anything herein to the contrary, to the maximum extent permitted by applicable law, amounts payable to Executive pursuant to Section 2 herein shall be made in reliance upon Treas. Reg. Section l.409A- l(b)(9) (Separation Pay Plans) or Treas. Reg. Section l.409A-1(b)(4) (Short-Tern Deferrals), as applicable, and such amounts shall not be delayed pursuant to this Section 9(b)."

No other terms of the Agreement shall be modified by this Amendment and the Agreement shall continue in all other respects in full force and effect in accordance with its terms.

This Amendment may be executed in one or more counterparts, each of which shall be deemed an original but all of which together will constitute one and the same instrument.

THE COOPER COMPANIES, INC.                EXECUTIVE

 /s/ Carol R. Kaufman                         /s/ Albert G. White, III
By: Carol R. Kaufman                        Albert G. White, III
Its: Sr. Vice President of Legal Affairs,                Dated: 9/9/08
Secretary and Chief Administrative Officer
Dated: July 31, 2008

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