Document:

EX-4.6

 Exhibit 4.6 

DUCOMMUN INCORPORATED NON QUALIFIED 

DEFERRED COMPENSATION PLAN 

PLAN DOCUMENT 

 DUCOMMUN INCORPORATED NON QUALIFIED DEFERRED COMPENSATION PLAN 

Section 1.    Purpose: 

By execution of the Adoption Agreement, the Employer has adopted the Plan set forth herein, and in the Adoption Agreement, to provide a means
by which certain management Employees or Independent Contractors of the Employer may elect to defer receipt of current Compensation from the Employer in order to provide retirement and other benefits on behalf of such Employees or Independent
Contractors of the Employer, as selected in the Adoption Agreement. The Plan is intended to be a nonqualified deferred compensation plan that complies with the provisions of Section 409A of the Internal Revenue Code (the “Code”). The
Plan is also intended to be an unfunded plan maintained primarily for the purpose of providing deferred compensation benefits for a select group of management or highly compensated employees under Sections 201(2), 301(a)(3) and 401(a)(l) of the
Employee Retirement Income Security Act of 1974 (“ERISA”) and independent contractors. Notwithstanding any other provision of this Plan, this Plan shall be interpreted, operated and administered in a manner consistent with these
intentions. 
 Section 2.    Definitions: 

As used in the Plan, including this Section 2, references to one gender shall include the other, unless otherwise indicated by the
context: 
 2.1    “Active Participant” means, with respect to any day or date, a Participant who is in
Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at
the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan. 

  
 1 

 2.2    “Adoption Agreement” means the written agreement
pursuant to which the Employer adopts the Plan. The Adoption Agreement is a part of the Plan as applied to the Employer. 

2.3    “Beneficiary” means the person, persons, entity or entities designated or determined pursuant to
the provisions of Section 13 of the Plan. 
 2.4    “Board” means the Board of Directors of the
Company, if the Company is a corporation. If the Company is not a corporation, “Board” shall mean the Company. 

2.5    “Change in Control Event” means an event described in Section 409A(a)(2)(A)(v) of the Code
(or any successor provision thereto) and the regulations thereunder. 
 2.6    “Committee” means the
persons or entity designated in the Adoption Agreement to administer the Plan. If the Committee designated in the Adoption Agreement is unable to serve, the Employer shall satisfy the duties of the Committee provided for in Section 9. 

2.7    “Company” means the company designated in the Adoption Agreement as such. 

2.8    “Compensation” shall have the meaning designated in the Adoption Agreement. 

2.9    “Crediting Date” means the date designated in the Adoption Agreement for crediting the amount of
any Participant Deferral Credits or Employer Credits to the Deferred Compensation Account of a Participant. 

  
 2 

 2.10    “Deferred Compensation Account” means the
account or accounts maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses,
and adjusted for payments in accordance with the rules and elections in effect under Section 8. As permitted in the Adoption Agreement, the Deferred Compensation Account of a Participant may consist of one or more accounts including In-Service or Education Accounts, if applicable. A Participant may elect payment options for each account as described in Section 7.1 and deemed investments for each account as described in Section 8.2.

 2.11    “Disabled or Disability” means Disabled or Disability within the meaning of
Section 409A of the Code and the regulations thereunder. Generally, this means that the Participant is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be
expected to result in death or can be expected to last for a continuous period of not less than 12 months, or is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to
last for a continuous period of not less than 12 months, receiving income replacement benefits for a period of not less than three months under an accident and health plan covering Employees of the Employer. 

2.12    “Education Account” is an In-Service Account which will
be used by the Participant for educational purposes. 
 2.13    “Effective Date” shall be the date
designated in the Adoption Agreement. 
 2.14    “Employee” means an individual in the Service of the
Employer if the relationship between the individual and the Employer is the legal relationship of employer and employee. An individual shall cease to be an Employee upon the Employee’s Separation from Service. 

  
 3 

 2.15    “Employer” means the Company, as identified in
the Adoption Agreement, and any Participating Employer which adopts this Plan. An Employer may be a corporation, a limited liability company, a partnership or sole proprietorship. 

2.16    “Employer Credits” means the amounts credited to the Participant’s Deferred Compensation
Account by the Employer pursuant to the provisions of Section 4.2. 
 2.17    “Grandfathered
Amounts” means, if applicable, the amounts that were deferred under the Plan and were earned and vested within the meaning of Section 409A of the Code and regulations thereunder as of December 31, 2004. Grandfathered Amounts shall
be subject to the terms designated in the Plan which were in effect as of October 3, 2004. 

2.18    “Independent Contractor” means an individual in the Service of the Employer if the relationship
between the individual and the Employer is not the legal relationship of employer and employee. An individual shall cease to be an Independent Contractor upon the termination of the Independent Contractor’s Service. An Independent Contractor
shall include a director of the Employer who is not an Employee. 

2.19    “In-Service Account” means a separate account to be kept
for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and
at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8. 

  
 4 

 2.20    “Normal Retirement Age” of a Participant means
the age designated in the Adoption Agreement. 
 2.21    “Participant” means with respect to any Plan
Year an Employee or Independent Contractor who has been designated by the Committee as a Participant and who has entered the Plan or who has a Deferred Compensation Account under the Plan; provided that if the Participant is an Employee, the
individual must be a highly compensated or management employee of the Employer within the meaning of Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA. 

2.22    “Participant Deferral Credits” means the amounts credited to the Participant’s Deferred
Compensation Account by the Employer pursuant to the provisions of Section 4.1. 
 2.23    “Participating
Employer” means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement. 

2.24    “Participation Agreement” means a written agreement entered into between a Participant and the
Employer pursuant to the provisions of Section 4.1 
 2.25    “Performance-Based Compensation”
means compensation where the amount of, or entitlement to, the compensation is contingent on the satisfaction of preestablished organizational or individual performance criteria relating to a performance period of at least twelve months.
Organizational or individual performance criteria are considered preestablished if established in writing within 90 days after the commencement of the period of service to which the criteria relates, provided that the outcome is substantially
uncertain at the time the criteria are established. Performance-based compensation may include payments based upon subjective performance criteria as provided in regulations and administrative guidance promulgated under Section 409A of the
Code. 

  
 5 

 2.26    “Plan” means The Ducommun Incorporated Non
Qualified Deferred Compensation Plan, as herein set out and as set out in the Adoption Agreement, or as duly amended. The name of the Plan as applied to the Employer shall be designated in the Adoption Agreement. 

2.27    “Plan-Approved Domestic Relations Order” shall mean a judgment, decree, or order (including the
approval of a settlement agreement) which is: 
 2.27.1    Issued pursuant to a State’s
domestic relations law; 
 2.27.2    Relates to the provision of child support, alimony payments
or marital property rights to a Spouse, former Spouse, child or other dependent of the Participant; 

2.27.3    Creates or recognizes the right of a Spouse, former Spouse, child or other dependent of
the Participant to receive all or a portion of the Participant’s benefits under the Plan; 

2.27.4    Requires payment to such person of their interest in the Participant’s benefits in a
lump sum payment at a specific time; and 
 2.27.5    Meets such other requirements established by
the Committee. 
 2.28    “Plan Year” means the twelve-month period ending on the last day of the month
designated in the Adoption Agreement; provided that the initial Plan Year may have fewer than twelve months. 

2.29    “Qualifying Distribution Event” means (i) the Separation from Service of the Participant,
(ii) the date the Participant becomes Disabled, (iii) the death of the Participant, (iv) the time specified by the Participant for an In-Service or Education Distribution, (v) a Change in
Control Event, or (vi) an Unforeseeable Emergency, each to the extent provided in Section 5. 

  
 6 

 2.30    “Seniority Date” shall have the meaning
designated in the Adoption Agreement. 
 2.31    “Separation from Service” or “Separates from
Service” means a “separation from service” within the meaning of Section 409A of the Code. 

2.32    “Service” as an Employee means employment by the Employer. For purposes of the Plan, the
employment relationship is treated as continuing intact while the Employee is on military leave, sick leave, or other bona fide leave of absence if the period of such leave does not exceed six months, or if longer, so long as the Employee’s
right to reemployment is provided either by statute or contract. If the Participant is an Independent Contractor, “Service” shall mean the period during which the contractual relationship exists between the Employer and the Participant.
The contractual relationship is not terminated if the Participant anticipates a renewal of the contract or becomes an Employee. 

2.33    “Service Bonus” means any bonus paid to a Participant by the Employer which is not
Performance-Based Compensation. 
 2.34    “Specified Employee” means an Employee who meets the
requirements for key employee treatment under Section 416(i)(l)(A)(i), (ii) or (iii) of the Code (applied in accordance with the regulations thereunder and without regard to Section 416(i)(5) of the Code) at any time during the twelve
month period ending on December 31 of each year (the “identification date”). If the person is a key employee as of any identification date, the person is treated as a Specified Employee for the twelve-month period beginning on the
first day of the fourth month following the identification date. Unless binding corporate action is taken to establish different rules for determining Specified Employees for all plans of the Company and its controlled group members that are subject
to Section 409A of the Code, the foregoing rules and the other default rules under the regulations of Section 409A of the Code shall apply. 

  
 7 

 2.35    “Spouse” or ‘‘Surviving
Spouse” means, except as otherwise provided in the Plan, a person who is the legally married spouse or surviving spouse of a Participant. 

2.36    “Unforeseeable Emergency” means an “unforeseeable emergency” within the meaning of
Section 409A of the Code. 
 2.37    “Years of Service” means each Plan Year of Service completed
by the Participant. For vesting purposes, Years of Service shall be calculated from the date designated in the Adoption Agreement and Service shall be based on service with the Company and all Participating Employers. 

Section 3.    Participation: 

The Committee in its discretion shall designate each Employee or Independent Contractor who is eligible to participate in the Plan. A
Participant who Separates from Service with the Employer and who later returns to Service will not be an Active Participant under the Plan except upon satisfaction of such terms and conditions as the Committee shall establish upon the
Participant’s return to Service, whether or not the Participant shall have a balance remaining in his Deferred Compensation Account under the Plan on the date of the return to Service. 

Section 4.    Credits to Deferred Compensation Account: 

4.1    Participant Deferral Credits. To the extent provided in the Adoption Agreement, each Active Participant may
elect, by entering into a Participation Agreement with the Employer, to defer the receipt of Compensation from the Employer by a dollar amount or percentage specified in the Participation Agreement. The amount of

  
 8 

 
Compensation the Participant elects to defer, the Participant Deferral Credit, shall be credited by the Employer to the Deferred Compensation Account maintained for the Participant pursuant to
Section 8. The following special provisions shall apply with respect to the Participant Deferral Credits of a Participant: 

4.1.1    The Employer shall credit to the Participant’s Deferred Compensation Account on each
Crediting Date an amount equal to the total Participant Deferral Credit for the period ending on such Crediting Date. 

4.1.2    An election pursuant to this Section 4.1 shall be made by the Participant by executing
and delivering a Participation Agreement to the Committee. Except as otherwise provided in this Section 4.1, the Participation Agreement shall become effective with respect to such Participant as of the first day of January following the date
such Participation Agreement is received by the Committee. A Participant’s election may be changed at any time prior to the last permissible date for making the election as permitted in this Section 4.1, and shall thereafter be
irrevocable. Any election of a Participant shall continue in effect for the time period as set forth in the Adoption Agreement and shall be described as evergreen or non-evergreen as appropriate. 

4.1.3    A Participant may execute and deliver a Participation Agreement to the Committee within 30
days after the date the Participant first becomes eligible to participate in the Plan. After the 30 day period expires, or after any shorter time period as agreed to by the Participant and the Committee, the latest election made by the Participant
during that period becomes irrevocable. Such election shall then be effective as of the first payroll period commencing following the date the Participation Agreement becomes irrevocable. Whether a Participant is treated as newly eligible for
participation under this Section shall be determined in accordance with Section 409A of the Code and the regulations thereunder, including (i) rules that treat all elective deferral account balance plans as one plan, and (ii) rules
that treat a previously eligible Employee as newly eligible if his benefits had been previously distributed or if he has been ineligible for 24 months. For Compensation that is earned based upon a specified performance period (for example, an annual
bonus), where a deferral election is made under this Section but after the beginning of the performance period, the election will only apply to the portion of the Compensation equal to the total amount of the Compensation for the service period
multiplied by the ratio of the number of days remaining in the performance period after the date the election becomes irrevocable over the total number of days in the performance period. 

4.1.4    A Participant may unilaterally modify a Participation Agreement (either to terminate,
increase or decrease the portion of his future Compensation which is subject to deferral within the percentage limits set forth in Section 4.1 of 

  
 9 

 
the Adoption Agreement) by providing a written modification of the Participation Agreement to the Committee. The modification shall become effective as of the first day of January following the
date such written modification is received by the Committee, or at such later date as required under Section 409A of the Code. 

4.1.5    If the Participant performed services continuously from the later of the beginning of the
performance period or the date upon which the performance criteria are established through the date upon which the Participant makes an initial deferral election, a Participation Agreement relating to the deferral of Performance-Based Compensation
may be executed and delivered to the Committee no later than the date which is 6 months prior to the end of the performance period, provided that in no event may an election to defer Performance-Based Compensation be made after such Compensation has
become readily ascertainable. 
 4.1.6    If the Employer has a fiscal year other than the
calendar year, Compensation relating to Service in the fiscal year of the Employer (such as a bonus based on the fiscal year of the Employer), of which no amount is paid or payable during the fiscal year, may be deferred at the Participant’s
election if the election to defer is made not later than the close of the Employer’s fiscal year next preceding the first fiscal year in which the Participant performs any services for which such Compensation is payable. 

4.1.7    Compensation payable after the last day of the Participant’s taxable year solely for
services provided during the final payroll period containing the last day of the Participant’s taxable year (i.e., December 31) is treated for purposes of this Section 4.1 as Compensation for services performed in the subsequent taxable
year. 
 4.1.8    The Committee may from time to time establish policies or rules consistent with
the requirements of Section 409A of the Code to govern the manner in which Participant Deferral Credits may be made. 

4.1.9    If a Participant becomes Disabled all currently effective deferral elections for such
Participant shall be cancelled. At the time the participant is no longer Disabled, subsequent elections to defer future compensation will be permitted under this Section 4. 

4.1.10    If a Participant applies for and receives a distribution on account of an Unforeseeable
Emergency, all currently effective deferral elections for such Participant shall be cancelled. Subsequent elections to defer future compensation will be permitted under this Section 4. 

4.1.11    If a Participant receives a hardship distribution from a 401(k) or a 403(b) plan that
requires all currently effective deferral elections under all plans maintained by the Employer to be cancelled, then all currently effective deferral elections shall be cancelled until the later of the beginning of the next calendar year

  
 10 

 
or six months after the date of the hardship distribution. Subsequent elections to defer future compensation under this Section 4 will not be effective until the later of the beginning of
the next calendar year or six months after the date of the hardship distribution. If the effective date of such an election occurs after the beginning of the next calendar year, as permitted by the Employer, a Participant may make elections for the
next calendar year prior to January 1st of the next calendar year, but these elections will not become effective until the end of the six-month waiting period. 

4.2    Employer Credits. If designated by the Employer in the Adoption Agreement, the Employer shall cause the
Committee to credit to the Deferred Compensation Account of each Active Participant an Employer Credit as determined in accordance with the Adoption Agreement. A Participant must make distribution elections with respect to any Employer Credits
credited to his Deferred Compensation Account by the deadline that would apply under Section 4.1 for distribution elections with respect to Participant Deferral Credits credited at the same time, on a Participation Agreement that is timely
executed and delivered to the Committee pursuant to Section 4.1. If no distribution election is made, vested amounts in the Deferred Compensation Account will be distributed in a lump sum upon the earliest of any Qualifying Distribution Event
limited to Separation from Service, Disability, Death or Change in Control. 
 4.3    Deferred Compensation
Account. All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8. 

Section 5.    Qualifying Distribution Events: 

5.1    Separation from Service. If the Participant Separates from Service with the Employer, the vested balance in
the Deferred Compensation Account shall be paid to the Participant by the Employer as provided in Section 7. Notwithstanding the foregoing, no distribution shall be made earlier than six months after the date of Separation from

  
 11 

 
Service (or, if earlier, the date of death) with respect to a Participant who as of the date of Separation from Service is a Specified Employee of a corporation the stock in which is traded on an
established securities market or otherwise. Any payments to which such Specified Employee would be entitled during the first six months following the date of Separation from Service shall be accumulated and paid on the first day of the seventh month
following the date of Separation from Service, and shall be adjusted for deemed investment gain and loss incurred during the six month period. 

5.2    Disability. If the Employer designates in the Adoption Agreement that distributions are permitted under the
Plan when a Participant becomes Disabled, and the Participant becomes Disabled while in Service, the vested balance in the Deferred Compensation Account shall be paid to the Participant by the Employer as provided in Section 7. 

5.3    Death. If the Participant dies while in Service, the Employer shall pay a benefit to the Participant’s
Beneficiary in the amount designated in the Adoption Agreement. Payment of such benefit shall be made by the Employer as provided in Section 7. 

5.4    In-Service or Education Distributions. If the Employer designates in
the Adoption Agreement that in-service or education distributions are permitted under the Plan, a Participant may designate in the Participation Agreement to have a specified amount credited to the
Participant’s In-Service or Education Account for in-service or education distributions at the date specified by the Participant. In no event may an in-service or education distribution of an amount be made before the date that is two years after the first day of the year in which any deferral election to such In-Service
or Education 

  
 12 

 
Account became effective. Notwithstanding the foregoing, if a Participant incurs a Qualifying Distribution Event prior to the date on which the entire balance in the In-Service or Education Account has been distributed, then the vested balance in the In-Service or Education Account on the date of the Qualifying Distribution Event shall be
paid as provided under Section 7.1 for payments on such Qualifying Distribution Event. 
 5.5    Change in
Control Event. If the Employer designates in the Adoption Agreement that distributions are permitted under the Plan upon the occurrence of a Change in Control Event, the Participant may designate in the Participation Agreement to have the vested
balance in the Deferred Compensation Account paid to the Participant upon a Change in Control Event by the Employer as provided in Section 7. 

5.6    Unforeseeable Emergency. If the Employer designates in the Adoption Agreement that distributions are
permitted under the Plan upon the occurrence of an Unforeseeable Emergency event, a distribution from the Deferred Compensation Account may be made to a Participant in the event of an Unforeseeable Emergency, subject to the following provisions:

 5.6.1    A Participant may, at any time prior to his Separation from Service for any reason,
make application to the Committee to receive a distribution in a lump sum of all or a portion of the vested balance in the Deferred Compensation Account (determined as of the date the distribution, if any, is made under this Section 5.6)
because of an Unforeseeable Emergency. A distribution because of an Unforeseeable Emergency shall not exceed the amount required to satisfy the Unforeseeable Emergency plus amounts necessary to pay taxes reasonably anticipated as a result of such
distribution, after taking into account the extent to which the Unforeseeable Emergency may be relieved through reimbursement or compensation by insurance or otherwise or by liquidation of the Participant’s assets (to the extent the liquidation
of such assets would not itself cause severe financial hardship) or by stopping current deferrals under the Plan pursuant to Section 4.1.10. 

5.6.2    The Participant’s request for a distribution on account of Unforeseeable Emergency
must be made in writing to the Committee. The request must specify the nature of the financial hardship, the total amount requested to be distributed from the Deferred Compensation Account, and the total amount of the actual expense incurred or to
be incurred on account of the Unforeseeable Emergency. 

  
 13 

 5.6.3    If a distribution under this
Section 5.6 is approved by the Committee, such distribution will be made as soon as practicable following the date it is approved. The processing of the request shall be completed as soon as practicable from the date on which the Committee
receives the properly completed written request for a distribution on account of an Unforeseeable Emergency. If a Participant’s Separation from Service occurs after a request is approved in accordance with this Section 5.6.3, but prior to
distribution of the full amount approved, the approval of the request shall be automatically null and void and the benefits which the Participant is entitled to receive under the Plan shall be distributed in accordance with the applicable
distribution provisions of the Plan. 
 5.6.4    The Committee may from time to time adopt
additional policies or rules consistent with the requirements of Section 409A of the Code to govern the manner in which such distributions may be made so that the Plan may be conveniently administered. 

Section 6.    Vesting: 

A Participant shall be fully vested in the portion of his Deferred Compensation Account attributable to Participant Deferral Credits, and all
income, gains and losses attributable thereto. A Participant shall become fully vested in the portion of his Deferred Compensation Account attributable to Employer Credits, and income, gains and losses attributable thereto, in accordance with the
vesting schedule and provisions designated by the Employer in the Adoption Agreement. If a Participant’s Deferred Compensation Account is not fully vested upon Separation from Service, the portion of the Deferred Compensation Account that is
not fully vested shall thereupon be forfeited. 
 Section 7.    Distribution Rules: 

7.1    Payment Options. The Employer shall designate in the Adoption Agreement the payment options which may be
elected by the Participant (lump sum, annual installments, or a combination of both). Different payment options may be made available 

  
 14 

 
for each Qualifying Distribution Event, and different payment options may be available for different types of Separations from Service, all as designated in the Adoption Agreement. The
Participant shall elect in the Participation Agreement the method under which the vested balance in the Deferred Compensation Account will be distributed from among the designated payment options. The Participant may at such time elect a different
method of payment for each Qualifying Distribution Event as specified in the Adoption Agreement. If the Participant is permitted by the Employer in the Adoption Agreement to elect different payment options and does not make a valid election, the
vested balance in the Deferred Compensation Account will be distributed as a lump sum upon the Qualifying Distribution Event. 

Notwithstanding the foregoing, if certain Qualifying Distribution Events occur prior to the date on which the vested balance of a
Participant’s Deferred Compensation Account is completely paid pursuant to this Section 7.1 following the occurrence of certain Qualifying Distribution Events, the following rules apply: 

7.1.1    If the currently effective Qualifying Distribution Event is a Separation from Service or
Disability, and the Participant subsequently dies, the remaining unpaid vested balance of a Participant’s Deferred Compensation Account shall be paid as a lump sum. 

7.1.2    If the currently effective Qualifying Distribution Event is a Change in Control Event, and
any subsequent Qualifying Distribution Event occurs (except an In-Service or Education Distribution described in Section 2.29(iv)), the remaining unpaid vested balance of a Participant’s Deferred
Compensation Account shall be paid as provided under Section 7.1 for payments on such subsequent Qualifying Distribution Event. 

7.2    Timing of Payments. Payment shall be made in the manner elected by the Participant and shall commence as
soon as practicable after (but no later than 60 days after) the distribution date specified for the Qualifying Distribution Event. For each payment, the 

  
 15 

 
Committee must specify a date for the Deferred Compensation Account(s) to be valued. In the event the Participant fails to make a valid election of the payment method, the distribution will be
made in a single lump sum payment as soon as practicable after (but no later than 60 days after) the Qualifying Distribution Event. A payment may be further delayed to the extent permitted in accordance with regulations and guidance under
Section 409A of the Code. 
 7.3    Installment Payments. If the Participant elects to receive installment
payments upon a Qualifying Distribution Event, the payment of each installment shall be made on the anniversary of the date of the first installment payment, and the amount of the installment shall be adjusted on such anniversary for credits or
debits to the Participant’s account pursuant to Section 8 of the Plan. Such adjustment shall be made by dividing the balance in the Deferred Compensation Account on such date by the number of installments remaining to be paid hereunder;
provided that the last installment due under the Plan shall be the entire amount credited to the Participant’s account on the date of payment. 

7.4    De Minimis Amounts. Notwithstanding any payment election made by the Participant, if the Employer designates
a pre-determined de minimis amount in the Adoption Agreement, the vested balance in all Deferred Compensation Accounts of the Participant will be distributed in a single lump sum payment if at the time of a
permitted Qualifying Distribution Event the vested balance does not exceed such pre-determined de minimis amount; provided, however, that such distribution will be made only where the Qualifying Distribution
Event is a Separation from Service, death, Disability (if applicable) or Change in Control Event (if applicable). Such payment shall be made on or before the later of (i) December 31 of the calendar year in which the Qualifying
Distribution Event 

  
 16 

 
occurs, or (ii) the date that is 2-1/2 months after the Qualifying Distribution Event occurs. In addition, the Employer may distribute a
Participant’s vested balance in all of the Participant’s Deferred Compensation Accounts at any time if the balance does not exceed the limit in Section 402(g)(1)(B) of the Code and results in the termination of the Participant’s
entire interest in the Plan as provided under Section 409A of the Code. 
 7.5    Subsequent Elections. With
the consent of the Committee, a Participant may delay or change the method of payment of the Deferred Compensation Account subject to the following requirements: 

7.5.1    The new election may not take effect until at least 12 months after the date on which the
new election is made. 
 7.5.2    If the new election relates to a payment for a Qualifying
Distribution Event other than the death of the Participant, the Participant becoming Disabled, or an Unforeseeable Emergency, the new election must provide for the deferral of the payment for a period of at least five years from the date such
payment would otherwise have been made. 
 7.5.3    If the new election relates to a payment from
the In-Service or Education Account, the new election must be made at least 12 months prior to the date of the first scheduled payment from such account. 

For purposes of this Section 7.5 and Section 7.6, a payment is each separately identified amount to which the Participant is entitled under the
Plan; provided, that entitlement to a series of installment payments is treated as the entitlement to a single payment. 

7.6    Acceleration Prohibited. The acceleration of the time or schedule of any payment due under the Plan is
prohibited except as expressly provided in regulations and administrative guidance promulgated under Section 409A of the Code (such as accelerations for domestic relations orders and employment taxes). It is not an acceleration of the time or
schedule of payment if the Employer waives or accelerates the vesting requirements applicable to a benefit under the Plan. 

  
 17 

 7.7    Residual Distributions. If calculation of the amount of
any credit to a Participant’s Deferred Compensation Account is not administratively practicable due to events beyond the control of the Employer, payments may be made to the Participant for residual amounts contributed to or remaining in a
Deferred Compensation Account after payments under the provisions of this Section 7 have commenced or been completed. The residual amount shall be credited to the Deferred Compensation Account when the calculation of the amount becomes
administratively practicable. Examples of residual amounts include, but are not limited to, additional investment returns credited after payment (due to dividends or pricing changes) or additional contributions made after payment (such as an annual
bonus deferral or an Employer Credit). Payments that would have been made had the residual amount been calculable at the benefit commencement date shall be made up as soon as practicable after crediting to the Deferred Compensation Account, in no
case later than the end of the year in which calculation of the amount becomes administratively practicable. 

7.8    Ineffective Deferrals. If a Participant deferral election under Section 4 to contribute to an In-Service or Education Account carries over to a subsequent year (an evergreen election) and the deferral election is ineffective (i.e., the distribution election would cause payment in the current or prior years),
the amount deferred will be credited to a Deferred Compensation Account that is not an In-Service or Education Account. If the Participant only has one account of this type, the amount deferred will be
credited to that account. If the Participant has multiple accounts of this type, and one of the accounts has a lump sum at Separation from Service distribution election, the amount deferred will be credited to that account. If the Participant has
multiple accounts of this type and does not 

  
 18 

 
have an account with a lump sum at Separation from Service distribution election, one will be established with a lump sum at Separation from Service distribution election and the amount deferred
will be credited to this account. 
 Section 8.    Accounts; Deemed Investment; Adjustments to
Account: 
 8.1    Accounts. The Committee shall establish a book reserve account, entitled the
“Deferred Compensation Account,” on behalf of each Participant. The Committee shall also establish an In-Service or Education Account as a part of the Deferred Compensation Account of each
Participant, if applicable. The amount credited to the Deferred Compensation Account shall be adjusted pursuant to the provisions of Section 8.3. 

8.2    Deemed Investments. The Deferred Compensation Account of a Participant shall be credited with an investment
return determined as if the account were invested in one or more investment funds made available by the Committee. The Participant shall elect the investment funds in which his Deferred Compensation Account shall be deemed to be invested. Such
election shall be made in the manner prescribed by the Committee and shall take effect upon the entry of the Participant into the Plan. The investment election of the Participant shall remain in effect until a new election is made by the
Participant. In the event the Participant fails for any reason to make an effective election of the investment return to be credited to his account, the investment return shall be determined by the Committee. 

  
 19 

 8.3    Adjustments to Deferred Compensation Account. With respect
to each Participant who has a Deferred Compensation Account under the Plan, the amount credited to such account shall be adjusted by the following debits and credits, at the times and in the order stated: 

8.3.1    The Deferred Compensation Account shall be debited each business day with the total amount
of any payments made from such account since the last preceding business day to him or for his benefit. Unless otherwise specified by the Employer, each deemed investment fund will be debited pro-rata based on
the value of the investment funds as of the end of the preceding business day. 
 8.3.2    The
Deferred Compensation Account shall be credited on each Crediting Date with the total amount of any Participant Deferral Credits and Employer Credits to such account since the last preceding Crediting Date. 

8.3.3    The Deferred Compensation Account shall be credited or debited on each day securities are
traded on a national stock exchange with the amount of deemed investment gain or loss resulting from the performance of the deemed investment funds elected by the Participant in accordance with Section 8.2. The amount of such deemed investment
gain or loss shall be determined by the Committee and such determination shall be final and conclusive upon all concerned. 

Section 9.    Administration by Committee: 

9.1    Membership of Committee. If the Committee consists of individuals appointed by the Board, they will serve at
the pleasure of the Board. Any member of the Committee may resign, and his successor, if any, shall be appointed by the Board. 

9.2    General Administration. The Committee shall be responsible for the operation and administration of the Plan
and for carrying out its provisions. The Committee shall have the full authority and discretion to make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Plan and decide or resolve any and all
questions, including interpretations of this Plan, as may arise in connection with this Plan. Any such action taken by the Committee shall be final and conclusive on any party. To the extent the Committee has been granted discretionary authority
under the Plan, the Committee’s prior exercise of such authority shall not obligate it to exercise its authority in a like fashion thereafter. The Committee shall be entitled to rely conclusively upon all tables, valuations, certificates,
opinions and reports furnished by any actuary, 

  
 20 

 
accountant, controller, counsel or other person employed or engaged by the Employer with respect to the Plan. The Committee may, from time to time, employ agents and delegate to such agents,
including Employees of the Employer, such administrative or other duties as it sees fit. 

9.3    Indemnification. To the extent not covered by insurance, the Employer shall indemnify the Committee, each
Employee, officer, director, and agent of the Employer, and all persons formerly serving in such capacities, against any and all liabilities or expenses, including all legal fees relating thereto, arising in connection with the exercise of their
duties and responsibilities with respect to the Plan, provided however that the Employer shall not indemnify any person for liabilities or expenses due to that person’s own gross negligence or willful misconduct. 

Section 10.    Contractual Liability, Trust: 

10.1    Contractual Liability. Unless otherwise elected in the Adoption Agreement, the Company shall be obligated to
make all payments hereunder. This obligation shall constitute a contractual liability of the Company to the Participants, and such payments shall be made from the general funds of the Company. The Company shall not be required to establish or
maintain any special or separate fund, or otherwise to segregate assets to assure that such payments shall be made, and the Participants shall not have any interest in any particular assets of the Company by reason of its obligations hereunder. To
the extent that any person acquires a right to receive payment from the Company under the Plan, such right shall be no greater than the right of an unsecured creditor of the Company. 

  
 21 

 10.2    Trust. The Employer may establish a trust to assist it in
meeting its obligations under the Plan. Any such trust shall conform to the requirements of a grantor trust under Revenue Procedures 92-64 and 92-65 and at all times
during the continuance of the trust the principal and income of the trust shall be subject to claims of general creditors of the Employer under federal and state law. The establishment of such a trust would not be intended to cause Participants to
realize current income on amounts contributed thereto, and the trust would be so interpreted and administered. 

Section 11.    Allocation of Responsibilities: 

The persons responsible for the Plan and the duties and responsibilities allocated to each are as follows: 

11.1    Board. 

(i)    To amend the Plan; 

(ii)    To appoint and remove members of the Committee; and 

(iii)    To terminate the Plan as permitted in Section 14. 

11.2    Committee. 

(i)    To designate Participants; 

(ii)    To interpret the provisions of the Plan and to determine the rights of the Participants under the Plan,
except to the extent otherwise provided in Section 16 relating to claims procedure; 
 (iii)    To administer
the Plan in accordance with its terms, except to the extent powers to administer the Plan are specifically delegated to another person or persons as provided in the Plan; 

(iv)    To account for the amount credited to the Deferred Compensation Account of a Participant; 

(v)    To direct the Employer in the payment of benefits; 

(vi)    To file such reports as may be required with the United States Department of Labor, the Internal Revenue
Service and any other government agency to which reports may be required to be submitted from time to time; and 

  
 22 

 (vii)    To administer the claims procedure to the extent
provided in Section 16. 
 Section 12.    Benefits Not Assignable; Facility of Payments:

 12.1    Benefits Not Assignable. No portion of any benefit credited or paid under the Plan with respect to
any Participant shall be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge, and any attempt so to anticipate, alienate, sell, transfer, assign, pledge, encumber or charge the same shall be
void, nor shall any portion of such benefit be in any manner payable to any assignee, receiver or any one trustee, or be liable for his debts, contracts, liabilities, engagements or torts. 

12.2    Plan-Approved Domestic Relations Orders. The Committee shall establish procedures for determining whether
an order directed to the Plan is a Plan-Approved Domestic Relations Order. If the Committee determines that an order is a Plan-Approved Domestic Relations Order, the Committee shall cause the payment of amounts pursuant to or segregate a separate
account as provided by (and to prevent any payment or act which might be inconsistent with) the Plan-Approved Domestic Relations Order notwithstanding Section 12.1. 

12.3    Payments to Minors and Others. If any individual entitled to receive a payment under the Plan shall be
physically, mentally or legally incapable of receiving or acknowledging receipt of such payment, the Committee, upon the receipt of satisfactory evidence of his incapacity and satisfactory evidence that another person or institution is maintaining
him and that no guardian or committee has been appointed for him, may cause any payment otherwise payable to him to be made to such person or institution so maintaining him. Payment to such person or institution shall be in full satisfaction of all
claims by or through the Participant to the extent of the amount thereof. 

  
 23 

 Section 13.    Beneficiary: 

The Participant’s Beneficiary shall be the person, persons, entity or entities designated by the Participant on the Beneficiary
designation form provided by and filed with the Committee or its designee. If the Participant does not designate a Beneficiary, the Beneficiary shall be his Surviving Spouse. If the Participant does not designate a Beneficiary and has no Surviving
Spouse, the Beneficiary shall be the Participant’s estate. The designation of a Beneficiary may be changed or revoked only by filing a new Beneficiary designation form with the Committee or its designee. If a Beneficiary (the “primary
Beneficiary”) is receiving or is entitled to receive payments under the Plan and dies before receiving all of the payments due him, the balance to which he is entitled shall be paid to the contingent Beneficiary, if any, named in the
Participant’s current Beneficiary designation form. If there is no contingent Beneficiary, the balance shall be paid to the estate of the primary Beneficiary. Any Beneficiary may disclaim all or any part of any benefit to which such Beneficiary
shall be entitled hereunder by filing a written disclaimer with the Committee before payment of such benefit is to be made. Such a disclaimer shall be made in a form satisfactory to the Committee and shall be irrevocable when filed. Any benefit
disclaimed shall be payable from the Plan in the same manner as if the Beneficiary who filed the disclaimer had predeceased the Participant. 

Section 14.    Amendment and Termination of Plan: 

The Company may amend any provision of the Plan or terminate the Plan at any time; provided, that in no event shall such amendment or
termination reduce the balance in 

  
 24 

 
any Participant’s Deferred Compensation Account as of the date of such amendment or termination, nor shall any such amendment materially adversely affect the Participant relating to the
payment of such Deferred Compensation Account. Notwithstanding the foregoing, the following special provisions shall apply: 

14.1    Termination in the Discretion of the Employer. Except as otherwise provided in Sections 14.2, the Company
in its discretion may terminate the Plan and distribute benefits to Participants subject to the following requirements and any others specified under Section 409A of the Code: 

14.1.1    All arrangements sponsored by the Employer that would be aggregated with the Plan under Section 1.409A-l(c) of the Treasury Regulations are terminated. 

14.1.2    No payments other than payments that would be payable under the terms of the Plan if the
termination had not occurred are made within 12 months of the termination date. 
 14.1.3    All
benefits under the Plan are paid within 24 months of the termination date. 
 14.1.4    The
Employer does not adopt a new arrangement that would be aggregated with the Plan under Section 1.409A-1(c) of the Treasury Regulations providing for the deferral of compensation at any time within 3 years
following the date of termination of the Plan. 
 14.1.5    The termination does not occur
proximate to a downturn in the financial health of the Employer. 
 14.2    Termination Upon Change in Control
Event. If the Company terminates the Plan within thirty days preceding or twelve months following a Change in Control Event, the Deferred Compensation Account of each Participant shall become payable to the Participant in a lump sum within
twelve months following the date of termination, subject to the requirements of Section 409A of the Code. 

  
 25 

 Section 15.    Communication to Participants:

 The Employer shall make a copy of the Plan available for inspection by Participants and their beneficiaries during reasonable hours at
the principal office of the Employer. 
 Section 16.    Claims Procedure: 

The following claims procedure shall apply with respect to the Plan: 

16.1    Filing of a Claim for Benefits. If a Participant or Beneficiary (the “claimant”) believes that he
is entitled to benefits under the Plan which are not being paid to him or which are not being accrued for his benefit, he shall file a written claim therefore with the Committee. 

16.2    Notification to Claimant of Decision. Within 90 days after receipt of a claim by the Committee (or within
180 days if special circumstances require an extension of time), the Committee shall notify the claimant of the decision with regard to the claim. In the event of such special circumstances requiring an extension of time, there shall be furnished to
the claimant prior to expiration of the initial 90-day period written notice of the extension, which notice shall set forth the special circumstances and the date by which the decision shall be furnished. If
such claim shall be wholly or partially denied, notice thereof shall be in writing and worded in a manner calculated to be understood by the claimant, and shall set forth: (i) the specific reason or reasons for the denial; (ii) specific
reference to pertinent provisions of the Plan on which the denial is based; (iii) a description of any additional material or information necessary for the claimant to perfect the claim and an explanation of why such material or information is
necessary; and (iv) an explanation of the procedure for review of the denial and the time limits applicable to such procedures, including a statement of the claimant’s right to bring a civil action under ERISA following an adverse benefit
determination on review. 

  
 26 

 16.3    Procedure for Review. Within 60 days following receipt by
the claimant of notice denying his claim, in whole or in part, or, if such notice shall not be given, within 60 days following the latest date on which such notice could have been timely given, the claimant may appeal denial of the claim by filing a
written application for review with the Committee. Following such request for review, the Committee shall fully and fairly review the decision denying the claim. Prior to the decision of the Committee, the claimant shall be given an opportunity to
review pertinent documents and to submit issues and comments in writing. 
 16.4    Decision on Review. The
decision on review of a claim denied in whole or in part by the Committee shall be made in the following manner: 

16.4.1    Within 60 days following receipt by the Committee of the request for review (or within 120
days if special circumstances require an extension of time), the Committee shall notify the claimant in writing of its decision with regard to the claim. In the event of such special circumstances requiring an extension of time, written notice of
the extension shall be furnished to the claimant prior to the commencement of the extension. 

16.4.2    With respect to a claim that is denied in whole or in part, the decision on review shall
set forth specific reasons for the decision, shall be written in a manner calculated to be understood by the claimant, and shall set forth: 
  

	 	(i)	 the specific reason or reasons for the adverse determination; 

 

	 	(ii)	 specific reference to pertinent Plan provisions on which the adverse determination is based;

  

	 	(iii)	 a statement that the claimant is entitled to receive, upon request and free of charge, reasonable access to,
and copies of, all documents, records, and other information relevant to the claimant’s claim for benefits; and 

  

	 	(iv)	 a statement describing any voluntary appeal procedures offered by the Plan and the claimant’s right to
obtain the information about such procedures, as well as a statement of the claimant’s right to bring an action under ERISA section 502(a). 

  
 27 

 16.4.3    The decision of the Committee shall be
final and conclusive. 
 16.5    Action by Authorized Representative of Claimant. All actions set forth in this
Section 16 to be taken by the claimant may likewise be taken by a representative of the claimant duly authorized by him to act in his behalf on such matters. The Committee may require such evidence of the authority to act of any such
representative as it may reasonably deem necessary or advisable. 
 16.6    Disability Claims 

Notwithstanding any provision of the Plan to the contrary, if a claim for benefits is based on Disability, the following claims procedures
shall apply: The Committee shall maintain a procedure under which any Participant or Beneficiary can file a claim for benefits under this Plan based on Disability. 

16.6.1    After receiving a claim for benefits, the Committee will notify the Participant or
Beneficiary of its claim determination within 45 days of the receipt of the claim. This period may be extended by 30 days if an extension is necessary to process the claim due to matters beyond the control of the Committee. A written notice of the
extension, the reason for the extension and when the Committee expects to decide the claim, will be furnished to the Participant or Beneficiary within the initial 45-day period. This period may be extended for
an additional 30 days beyond the original extension. A written notice of the additional extension, the reason for the additional extension and when the Committee expects to decide the claim, will be furnished to the Participant or Beneficiary within
the first 30-day extension period if an additional extension of time is needed. However, if a period of time is extended due to a Participant or Beneficiary’s failure to submit information necessary to
decide a claim, the period for making the benefit determination by the Committee will be tolled from the date on which the notification of the extension is sent to the Participant or Beneficiary until the date on which the Participant or Beneficiary
responds to the request for additional information. 
 16.6.2    If a claim for benefits is
denied, in whole or in part, a Participant or Beneficiary or his or her authorized representative, will receive a written notice of the denial. The notice will follow the rules of 29 C.F.R. §
2560.503-1(o) for 

  
 28 

 
culturally and linguistically appropriate notices and will be written in a manner calculated to be understood by the Participant or Beneficiary. The notice will include: 

 

	 	(i)	 the specific reason(s) for the denial, 

 

	 	(ii)	 references to the specific Plan provisions on which the benefit determination was based, 

 

	 	(iii)	 a description of any additional material or information necessary to perfect a claim and an explanation
of why such information is necessary, 

  

	 	(iv)	 a description of the Committee’s appeals procedures and applicable time limits, including, to the extent
applicable, a statement of the right to bring a civil action under section 502(a) of ERISA following an adverse benefit determination on review, 

  

	 	(v)	 a discussion of the decision, including an explanation of the basis for disagreeing with or not following:
(i) the views presented by the claimant to the Committee of health care professionals treating the claimant and vocational professionals who evaluated the claimant; (ii) the views of medical or vocational experts whose advice was obtained
on behalf of the Committee in connection with a claimant’s adverse benefit determination, without regard to whether the advice was relied upon in making the benefit determination; and (iii) a disability determination regarding the claimant
presented by the claimant to the Committee made by the Social Security Administration, 

  

	 	(vi)	 if the determination is based on medical necessity or experimental treatment or similar exclusion or limit,
either an explanation of the scientific or clinical judgment for the determination, applying the terms of the Plan to the relevant medical circumstances, or a statement that such explanation will be provided free of charge upon request,

  

	 	(vii)	 either the specific internal rules, guidelines, protocols, standards or other similar criteria of the Plan
relied upon in making the adverse benefit determination, or a statement that such rules, guidelines, protocols, standards, or other similar criteria of the Plan do not exist, and 

  
 29 

	 	(viii)	 a statement that the Participant or Beneficiary is entitled to receive, upon request and free of charge,
reasonable access to, and copies of, all documents, records, and other information relevant to his or her claim for benefits. 

16.6.3    If a claim for benefits is denied, a Participant or Beneficiary, or his or her
representative, may appeal the denied claim in writing within 180 days of receipt of the written notice of denial. The Participant or Beneficiary may submit any written comments, documents, records and any other information relating to the claim.
Upon request, the Participant or Beneficiary will also have access to, and the right to obtain copies of, all documents, records and information relevant to his or her claim free of charge. 

16.6.4    A full review of the information in the claim file and any new information submitted to
support the appeal will be conducted. The claim decision will be made by a first review appeals committee appointed by the Employer. This committee will consist of individuals who were not involved in the initial benefit determination, nor will such
individuals be subordinate to any person involved in the initial benefit determination. This review will not afford any deference to the initial benefit determination. 

16.6.5    If the initial adverse decision was based in whole or in part on a medical judgment, the
first review appeals committee will consult with a healthcare professional who has appropriate training and experience in the field of medicine involved in the medical judgment, was not consulted in the initial adverse benefit determination and is
not a subordinate of the healthcare professional who was consulted in the initial adverse benefit determination. 

16.6.6    Before an adverse benefit determination on review is issued, the first review appeals
committee will provide the Participant or Beneficiary, free of charge, with any new or additional evidence considered, relied upon, or generated by the committee or other person making the benefit determination (or at the direction of the committee
or such other person) in connection with the claim. Such evidence will be provided as soon as possible and sufficiently in advance of the date on which the notice of adverse benefit determination on review is required to be provided to give the
Participant or Beneficiary a reasonable opportunity to respond prior to that date. 

16.6.7    Before the first review appeals committee issues an adverse benefit determination on
review based on a new or additional rationale, the committee will provide the Participant or Beneficiary, free of charge, with the rationale. The rationale will be provided as soon as possible and sufficiently in advance of the date on which the
notice of adverse benefit determination on review is required to be provided to give the Participant or Beneficiary a reasonable opportunity to respond prior to that date. 

  
 30 

 16.6.8    The first review appeals committee will
make a determination on an appealed claim within 45 days of the receipt of an appeal request. This period may be extended for an additional 45 days if the committee determines that special circumstances require an extension of time. A written notice
of the extension, the reason for the extension and the date that the committee expects to render a decision will be furnished to the Participant or Beneficiary within the initial 45-day period. However, if the
period of time is extended due to a Participant’s or Beneficiary’s failure to submit information necessary to decide the appeal, the period for making the benefit determination will be tolled from the date on which the notification of the
extension is sent until the date on which the Participant or Beneficiary responds to the request for additional information. 

16.6.9    If the claim on appeal is denied in whole or in part, a Participant or Beneficiary will
receive a written notification of the denial. The notice will follow the rules of 29 C.F.R. § 2560.503-1(o) for culturally and linguistically appropriate notices and will be written in a manner calculated
to be understood by the claimant. The notice will include: 
  

	 	(i)	 the specific reason(s) for the adverse determination, 

 

	 	(ii)	 references to the specific Plan provisions on which the determination was based, 

 

	 	(iii)	 a statement regarding the right to receive upon request and free of charge reasonable access to, and
copies of, all records, documents and other information relevant to the benefit claim, 

  

	 	(iv)	 a description of the first review appeals committee’s review procedures and applicable time limits,
including a statement of the right to bring a civil action under section 502(a) of ERISA following an adverse benefit determination on review, 

  

	 	(v)	 a discussion of the decision, including an explanation of the basis for disagreeing with or not following:
(i) the views presented by the claimant to the committee of health care professionals treating the claimant and vocational professionals who evaluated the claimant; (ii) the views of medical or vocational experts whose advice was obtained
by or on behalf of the committee in connection with a claimant’s adverse benefit determination, without regard to whether the advice was relied upon in making the benefit determination; and (iii) a disability determination regarding the
claimant presented by the claimant to the committee made by the Social Security Administration, 

  
 31 

	 	(vi)	 if the determination is based on medical necessity or experimental treatment or similar exclusion or limit,
either an explanation of the scientific or clinical judgment for the determination, applying the terms of the Plan to the relevant medical circumstances, or a statement that such explanation will be provided free of charge upon request, and

  

	 	(vii)	 either the specific internal rules, guidelines, protocols, standards or other similar criteria of the Plan
relied upon in making the adverse benefit determination, or a statement that such rules, guidelines, protocols, standards, or other similar criteria of the Plan do not exist. 

16.6.10    If the appeal of the benefit claim denial is denied, a Participant or Beneficiary, or his
or her representative, may make a second appeal of the denial in writing to the Committee within 180 days of the receipt of the written notice of denial. The Participant or Beneficiary may submit with the second appeal any written comments,
documents, records and any other information relating to the claim. Upon request, the Participant or Beneficiary will also have access to, and the right to obtain copies of, all documents, records and information relevant to the claim free of
charge. 
 16.6.11    Upon receipt of the second appeal, a full review of the information in the
claim file and any new information submitted to support the appeal will be conducted. The claim decision will be made by a second review appeals committee appointed by the Employer. This committee will consist of individuals who were not involved in
the initial benefit determination or the first review appeals committee, nor will such individuals be subordinate to any person involved in the initial benefit or first appeal determination. 

16.6.12    If the first appeal was based in whole or in part on a medical judgment, the second
appeals review committee will consult with a healthcare professional who has appropriate training and experience in the field of medicine involved in the medical judgment, was not consulted in the initial adverse benefit determination nor in the
first appeal and is not a subordinate of the healthcare professional(s) consulted in the initial adverse benefit determination and first appeal. 

16.6.13    Before the second appeals review committee issues a denial of the second claim appeal,
the committee will provide the Participant or Beneficiary, free of charge, with any new or additional evidence considered, relied upon, or generated by the committee or other person making the benefit determination (or at the direction of the
committee or such other person) in connection with the claim. Such evidence will be provided as soon as possible and sufficiently in advance of the date on which the notice of adverse benefit determination on review is required to be provided to
give the Participant or Beneficiary a reasonable opportunity to respond prior to that date. 

  
 32 

 16.6.14    Before the second review appeals
committee issues a denial of the second claim appeal based on a new or additional rationale, the committee will provide the Participant or Beneficiary, free of charge, with the rationale. The rationale will be provided as soon as possible and
sufficiently in advance of the date on which the notice of adverse benefit determination on review is required to be provided to give the Participant or Beneficiary a reasonable opportunity to respond prior to that date. 

16.6.15    The second appeals review committee will make a determination on the second claim appeal
within 45 days of the receipt of the appeal request. This period may be extended for an additional 45 days if the committee determines that special circumstances require an extension of time. A written notice of the extension, the reason for the
extension and the date that the committee expects to render a decision will be furnished to the Participant or Beneficiary within the initial 45-day period. However, if the period of time is extended due to
the Participant’s or Beneficiary’s failure to submit information necessary to decide the appeal, the period for making the benefit determination will be tolled from the date on which the notification of the extension is sent until the date
on which the Participant or Beneficiary responds to the request for additional information. 

16.6.16    If the claim on appeal is denied in whole or in part for a second time, the Participant
or Beneficiary will receive a written notification of the denial. The notice will follow the rules of 29 C.F.R. § 2560.503-1(o) for culturally and linguistically appropriate notices and will be written in
a manner calculated to be understood by the applicant. The notice will include the same information that was included in the first adverse determination letter and will identify the contractual limitations period that applies to the
Participant’s or Beneficiary’s right to bring an action under section 502(a) of ERISA including the calendar date on which the contractual limitations period expires for the claim. 

16.6.17    A claimant may not commence a judicial proceeding against any person, including the
Committee, the Employer, the Board, the first or second appeals review committee(s), or any other person or committee, with respect to a claim for benefits without first exhausting the claims procedures set forth in the preceding paragraphs. No suit
or legal action contesting in whole or in part any denial of benefits under the Plan shall be commenced later than the earlier of (i) the first anniversary of (A) the date of the notice of the Committee’s final decision on appeal, or
(B) if the claimant fails to request any level of administrative review within the timeframe permitted under this Section 16.6, the deadline for requesting the next level of administrative review, and (ii) the last date on which such
legal action could be commenced under the applicable statute of limitations under ERISA (including, for this purpose, any applicable state statute of limitations that applies under ERISA to such legal action). 

  
 33 

 16.6.18    A claimant has the right to request a
written explanation of any violation of these claims procedures. The Committee will provide an explanation within 10 days of the request. 

Section 17.    Miscellaneous Provisions: 

17.1    Set off. The Employer may at any time offset a Participant’s Deferred Compensation Account by an amount
up to $5,000 to collect the amount of any loan, cash advance, extension of other credit or other obligation of the Participant to the Employer that is then due and payable in accordance with the requirements of Section 409A of the Code. 

17.2    Notices. Each Participant who is not in Service and each Beneficiary shall be responsible for furnishing
the Committee or its designee with his current address for the mailing of notices and benefit payments. Any notice required or permitted to be given to such Participant or Beneficiary shall be deemed given if directed to such address and mailed by
regular United States mail, first class, postage prepaid. If any check mailed to such address is returned as undeliverable to the addressee, mailing of checks will be suspended until the Participant or Beneficiary furnishes the proper address. This
provision shall not be construed as requiring the mailing of any notice or notification otherwise permitted to be given by posting or by other publication. 

17.3    Lost Distributees. A benefit shall be deemed forfeited if the Committee is unable to locate the Participant
or Beneficiary to whom payment is due by the fifth anniversary of the date payment is to be made or commence; provided, that the deemed investment rate of return pursuant to Section 8.2 shall cease to be applied to the Participant’s
account following the first anniversary of such date; provided further, however, that such benefit shall be reinstated if a valid claim is made by or on behalf of the Participant or Beneficiary for all or part of the forfeited benefit. 

  
 34 

 17.4    Reliance on Data. The Employer and the Committee shall
have the right to rely on any data provided by the Participant or by any Beneficiary. Representations of such data shall be binding upon any party seeking to claim a benefit through a Participant, and the Employer and the Committee shall have no
obligation to inquire into the accuracy of any representation made at any time by a Participant or Beneficiary. 

17.5    Headings. The headings and subheadings of the Plan have been inserted for convenience of reference and are
to be ignored in any construction of the provisions hereof. 
 17.6    Continuation of Employment. The
establishment of the Plan shall not be construed as conferring any legal or other rights upon any Employee or any persons for continuation of employment, nor shall it interfere with the right of the Employer to discharge any Employee or to deal with
him without regard to the effect thereof under the Plan. 
 17.7    Merger or Consolidation; Assumption of Plan.
No Employer shall consolidate or merge into or with another corporation or entity, or transfer all or substantially all of its assets to another corporation, partnership, trust or other entity (a “Successor Entity”) unless such Successor
Entity shall assume the rights, obligations and liabilities of the Employer under the Plan and upon such assumption, the Successor Entity shall become obligated to perform the terms and conditions of the Plan. Nothing herein shall prohibit the
assumption of the obligations and liabilities of the Employer under the Plan by any Successor Entity. 

  
 35 

 17.8    Construction. The Employer shall designate in the
Adoption Agreement the state according to whose laws the provisions of the Plan shall be construed and enforced, except to the extent that such laws are superseded by ERISA and the applicable requirements of the Code. 

17.9    Taxes. The Employer or other payor may withhold a benefit payment under the Plan or a Participant’s
wages, or the Employer may reduce a Participant’s Deferred Compensation Account balance, in order to meet any federal, state, or local or employment tax withholding obligations with respect to Plan benefits, as permitted under Section 409A
of the Code. The Employer or other payor shall report Plan payments and other Plan-related information to the appropriate governmental agencies as required under applicable laws. 

  
 36Exhibit

Exhibit 10.1
Execution Version

FIRST AMENDMENT TO THE SETTLEMENT AGREEMENT 
This First Amendment to that certain Settlement Agreement by and among the Debtors1, the FE Non-Debtor Parties, the Ad Hoc Noteholders Group, the Bruce Mansfield Certificateholders Group, and the Committee (the “Parties”), dated as of August 26, 2018 (the “Settlement Agreement”) is entered into by the parties thereto. 
WITNESSETH: 
WHEREAS, the Debtors, the FE Non-Debtor Parties, the Ad Hoc Noteholders Group, the Bruce Mansfield Certificateholders Group, and the Committee entered into the Settlement Agreement on August 26, 2018; 
WHEREAS, the Debtors and the FE Non-Debtor Parties entered into a Consent and Waiver to the Settlement Agreement dated as of April 18, 2019; 
WHEREAS, Section 2.4(a) of the Settlement Agreement contemplates that the Debtors shall provide FE Corp. with the Plan Effective Date Notice (as defined in the Settlement Agreement) at least 40 days prior to the Plan Effective Date; 
WHEREAS, Section 2.4(b) of the Settlement Agreement contemplates that, subject to the Plan Effective Date Notice, on the Plan Effective Date, FE Corp. shall issue $628 million aggregate principal amount, less the Adjustment Amount, of the New FE Notes to the Debtors; 
WHEREAS, Section 13.11 of the Settlement Agreement allows the parties to the Settlement Agreement to alter, amend, modify or otherwise change the terms of the Settlement Agreement by a writing duly executed by authorized representatives of each of the Parties; 
WHEREAS, the signatories to this Agreement have agreed to or have been authorized to execute certain modifications of the provisions of Section 2.4 of the Settlement Agreement and certain additional related provisions, all as set forth in this Agreement. 
AGREEMENT: 
NOW, THEREFORE, in consideration of the foregoing and the representations, warranties, covenants, and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree as follows: 
Section 1.    Modification of Certain Defined Terms.  The following terms defined in Article I of the Settlement Agreement shall be modified, as follows:
(a)The defined term “Class A Fundamental Default” shall be amended to replace current subpart (b), in its entirety, with the following: “failure to pay $628 million in Cash, less the Adjustment Amount, if any, when due pursuant to Section 2.4(b) of this Agreement.”

1 Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Settlement Agreement (defined below). 

1

Execution Version

(b)The defined terms “2001 Indenture,” “Distributed New FE Notes,” “DTC,” “Existing FE Notes,” “New FE Notes,” “New FE Notes Maturity Date,” “Non-Distributed New FE Notes,” “Registration Default,” “Registration Statement,” “SEC,” “Securities Act,” “Suspension Period,” and “Upfront Payment” shall each be deleted in their entirety.  

Section 2.    Modification of Section 2.4(a).  Section 2.4(a) of the Settlement Agreement shall be amended and replaced, in its entirety, with the following:
“The Debtors shall provide FE Corp. with the Plan Effective Date Notice at least fourteen (14) days prior to the Plan Effective Date.  In the event that the Debtors do not provide the Plan Effective Date Notice at least fourteen (14) days prior to the Plan Effective Date, the time for the FE Non-Debtor Parties to perform their obligations due on the Plan Effective Date pursuant to the Settlement Agreement and any related agreement (including, but not limited to the Amended SSA and the Separation Agreement), shall be extended by the number of days required to afford the FE Non-Debtor Parties a full fourteen (14) days to perform such obligations.” 
Section 3.    Modifications Related to Payment of New FE Notes in Cash.  
(a)The title of Section 2.4 shall be modified and replaced, in its entirety, with the following: “Additional Cash Payment.”

(b)Section 2.4(b) shall be modified by deleting the last two sentences and amending and replacing the first sentence, in its entirety, as follows: “Subject to the FE Non-Debtor Parties timely receiving the Plan Effective Date Notice, on the Plan Effective Date, FE Corp. shall pay the Debtors $628 million in Cash, less the Adjustment Amount, if any.  For the avoidance of doubt, to the extent that the FE Non-Debtor Parties do not timely receive the Plan Effective Date Notice, FE Corp. shall pay the Debtors $628 million in Cash less the Adjustment Amount, if any, on the date that is fourteen (14) days following the FE Non-Debtor Parties’ receipt of the Plan Effective Date Notice.”  

(c)Section 2.4(c) shall be amended and replaced, in its entirety, with the following: “RESERVED.” 

(d)Section 2.4(d) shall be modified and replaced, in its entirety, with the following:
“Should one or more sales or deactivations of a fossil or nuclear plant occur such that the Adjustment Amount is more than $0, a calculation of the Adjustment Amount, along with supporting work papers, shall be provided to the Parties by the FE Non-Debtor Parties at least five (5) business days prior to the proposed Plan Effective Date for which the FE Non-Debtor Parties have received a timely notice, or as soon as reasonably practicable in the event the sale closes within five (5) business days of the proposed Plan Effective Date.  If the Adjustment Amount or the calculation thereof is not reasonably acceptable to one or more of the Parties, any Party may inform the Parties, in writing, of: (i) their basis for disagreement with the calculated Adjustment Amount and (ii) their proposed amended Adjustment Amount.  If the Parties do not resolve such dispute within five (5) business days, the Party who originally objected to the Adjustment Amount may file a motion with the Bankruptcy Court, on not less than five (5) business days’ notice, to request that the Bankruptcy Court resolve any such dispute.  The Debtors hereby agree not to consummate any sale of a nuclear or operating fossil plant (excluding the West Lorain Plant) within the 40 days prior to 

2

Execution Version

the Plan Effective Date, provided, however, that such prohibition shall not apply to any asset sale consummated in the same calendar year as the Plan Effective Date.  For the avoidance of doubt, until any dispute of the Adjustment Amount is fully and finally resolved, (i) the FE Non-Debtor Parties shall only be required to pay to the Debtors the difference between $628 million and the FE Non-Debtor Parties’ calculation of the Adjustment Amount, and (ii) to the extent that the difference between the Debtors’ calculation of the Adjustment Amount and the FE Non-Debtor Parties’ calculation of the Adjustment Amount is $2 million or greater, the FE Non-Debtor Parties shall pay such portion of the Adjustment Amount that is in dispute into an escrow account mutually acceptable to the Debtors and the FE Non-Debtor Parties in their reasonable discretion (the “Adjustment Amount Escrow”).  Notwithstanding anything to the contrary herein, to the extent that the difference between the Debtors’ calculation of the Adjustment Amount and the FE Non-Debtor Parties’ calculation of the Adjustment Amount is $2 million or greater, the Parties agree to seek an expedited hearing before the Bankruptcy Court to resolve any such dispute.  The amounts held in the Adjustment Amount Escrow shall be released from such accounts to the FE Non-Debtor Parties or the Reorganized Debtors (x) by mutual written agreement of the Reorganized Debtors and the FE Non-Debtor Parties or (y) pursuant to a final order of the Bankruptcy Court.” 
(e)Sections 2.4(e) through 2.4(k) shall be deleted in their entirety.

(f)Clause (x) of Section 6.1(c) shall be modified and replaced, in its entirety, with the following: “FE Corp. shall be required to perform all of its obligations under this Agreement, including the payment of cash related obligations hereunder (except to the extent any performance is tendered by the FE Non-Debtor Parties but not accepted by the Debtors or any successor to the Debtors).”

(g)Clause (a) of Section 11.6 shall be modified and replaced, in its entirety, with the following: “(a) FE Corp. shall be required to perform all of its obligations under this Agreement, including the payment of cash related obligations in accordance with the terms hereunder, except to the extent any performance is tendered by the FE Non-Debtor Parties but not accepted by the Debtors or any successor to the Debtors.” 

(h)Section 12.2(c)(ii) shall be amended and replaced, in its entirety, with the following: “5 business days to cure the failure to pay the amounts owing pursuant to the terms and conditions of Section 2.4(b) of the Agreement.”

(i)Exhibit C shall be deleted in its entirety.  

Section 4.    Filing of Documents.  Within five (5) business days of the date of this Agreement, the Debtors shall file a motion to approve this Agreement with the Bankruptcy Court that is consistent with the terms of this Agreement and acceptable to the FE Non-Debtor Parties.  
Section 5.    Effect of this Agreement. 
(a)The Parties agree that except as otherwise set forth herein, all terms, conditions, and provisions of the Settlement Agreement shall remain in full force and effect.  In the event of any inconsistency 

3

Execution Version

or conflict between the Settlement Agreement and this Agreement, the terms, conditions and provisions of this Agreement shall govern and control. 
(b)The modifications set forth in Sections 1 through 3 above are limited precisely as written and shall not be deemed: (i) to be a waiver of any other term or condition of the Settlement Agreement; (ii) to prejudice any contractual, legal, or other right or rights which the undersigned may have or may have in the future under or in connection with the Settlement Agreement; or (iii) to otherwise establish any course of dealing among the Debtors and the FE Non-Debtor Parties.  Except as set forth herein, the Parties reserve all of their rights and remedies under applicable law and under the Settlement Agreement with respect to any matters other than those specifically addressed in this Agreement. 

Section 6.    Representations and Warranties. 
(a)Subject to Bankruptcy Court approval, the Debtors hereby represent that they possess all requisite power and authority necessary to enter into, and perform under, this Agreement and that the Execution, delivery, and performance by the Debtors of this Agreement, and the fulfillment of and compliance with the respective terms hereof by the Debtors, do not and shall not (i) conflict with or result in a breach of the terms, conditions, or provisions of, (ii) constitute a default under (whether with or without the passage of time, the giving of notice, or both), (iii) give any third party the right to modify, terminate, or accelerate any obligation under, (iv) result in a violation of, or (v) require any authorization, consent, approval, exemption, or other action by or notice or declaration to, or filing with, any Governmental Entity (other than such authorization, consent, approval, exemption, or other action the failure to obtain, satisfy, or comply with, as the case may be, which will not affect the validity or enforceability of the Agreement or have a material adverse effect on the Debtors’ ability to perform their obligations under this Agreement) pursuant to (A) the organizational documents of the Debtors, (B) any law to which the Debtors are subject, or (C) any material agreement, instrument, order, judgment, or decree to which the Debtors are subject. 

(b)FE Corp. hereby represents that it possesses all requisite power and authority necessary to (i) bind each of the FE Non-Debtor Parties to the terms of this Agreement and (ii) enter into, and perform under this Agreement on behalf of the FE Non-Debtor Parties and that the Execution, delivery, and performance by FE Corp. of this Agreement, and the fulfillment of and compliance with the respective terms hereof by the FE Non-Debtor Parties, do not and shall not (i) conflict with or result in a breach of the terms, conditions, or provisions of, (ii) constitute a default under (whether with or without the passage of time, the giving of notice, or both), (iii) give any third party the right to modify, terminate, or accelerate any obligation under, (iv) result in a violation of, or (v) require any authorization, consent, approval, exemption, or other action by or notice or declaration to, or filing with, any Governmental Entity (other than such authorization, consent, approval, exemption, or other action the failure to obtain, satisfy, or comply with, as the case may be, which will not affect the validity or enforceability of the Agreement or have a material adverse effect on the FE Non-Debtor Parties’ ability to perform their obligations under this Agreement) pursuant to (A) the organizational documents of the FE Non-Debtor Parties, (B) any laws to which the FE Non-Debtor Parties are subject, or (C) any material agreement, instrument, order, judgment, or decree to which the FE Non-Debtor Parties are subject. 

(c)The Ad Hoc Noteholders Group hereby represents as follows: 

		
	a.
	Pursuant to Section 13.11 of the Settlement Agreement, the Ad Hoc Noteholders Group has authorized Kramer Levin Naftalis & Frankel LLP (“Kramer Levin”) to execute amendments to the Settlement Agreement on their behalf.

4

Execution Version

		
	b.
	At the time of execution of this Agreement, the Ad Hoc Noteholders Group constitutes the Requisite Noteholders. 

		
	c.
	This Agreement, when executed and delivered by Kramer Levin as authorized representative of the members of the Ad Hoc Noteholders Group in accordance with the terms hereof, shall constitute a valid and binding obligation of the members of the Ad Hoc Noteholders Group, enforceable in accordance with its terms.

		
	d.
	The execution and delivery by Kramer Levin does not and shall not (i) conflict with or result in a breach of the terms, conditions, or provisions of, (ii) constitute a default under (whether with or without the passage of time, the giving of notice, or both), (iii) give any third party the right to modify, terminate, or accelerate any obligation under, (iv) result in a violation of or (v) require any authorization, consent, approval, exemption, or other action by or notice or declaration to, or filing with, any Governmental Entity pursuant to (A) the organizational documents of the members of the Ad Hoc Noteholders Group, (B) any law to which any of the members of the Ad Hoc Noteholders Group are subject, or (C) any material agreement, instrument, order, judgment, or decree to which any of the members of the Ad Hoc Noteholders Group are subject. 

(d)The Bruce Mansfield Certificateholders Group hereby represents as follows:

		
	a.
	Pursuant to Section 13.11 of the Settlement Agreement, the Bruce Mansfield Certificateholders Group has authorized Latham & Watkins LLP (“Latham”) to execute amendments to the Settlement Agreement on their behalf. 

		
	b.
	At the time of execution of this Agreement, the Bruce Mansfield Certificateholders Group together with other signatories to the Settlement Agreement who currently hold Bruce Mansfield Certificate Claims constitutes the Requisite Certificateholders. 

		
	c.
	This Agreement, when executed and delivered by Latham on behalf of each member of the Bruce Mansfield Certificateholders Group in accordance with the terms hereof, shall constitute a valid and binding obligation of such member of the Bruce Mansfield Certificateholders Group, enforceable in accordance with its terms.

		
	d.
	The execution, delivery by Latham does not and shall not (i) conflict with or result in a breach of the terms, conditions, or provisions of, (ii) constitute a default under (whether with or without the passage of time, the giving of notice, or both), (iii) give any third party the right to modify, terminate, or accelerate any obligation under, (iv) result in a violation of or (v) require any authorization, consent, approval, exemption, or other action by or notice or declaration to, or filing with, any Governmental Entity pursuant to (A) the organizational documents of the members of the Bruce Mansfield Certificateholders Group, (B) any law to which any of the members of the Bruce Mansfield Certificateholders Group are subject, or (C) any material agreement, instrument, order, judgment, or decree to 

5

Execution Version

which any of the members of the Bruce Mansfield Certificateholders Group are subject.

(e)The Committee hereby represents that it possesses all requisite power and authority necessary to enter into, and perform under, this Agreement and that the execution, delivery, and performance by the Committee of this Agreement, and the fulfillment of and compliance with the respective terms hereof by the Committee, do not and shall not (i) conflict with or result in a breach of the terms, conditions, or provisions of, (ii) constitute a default under (whether with or without the passage of time, the giving of notice, or both), (iii) give any third party the right to modify, terminate, or accelerate any obligation under, (iv) result in a violation of, or (v) require any authorization, consent, approval, exemption, or other action by or notice or declaration to, or filing with, any Governmental Entity (other than such authorization, consent, approval, exemption, or other action the failure to obtain, satisfy, or comply with, as the case may be, which will not affect the validity or enforceability of the Agreement or have a material adverse effect on the Committee’s ability to perform their obligations under this Agreement) pursuant to (A) the organizational documents of the Committee, (B) any law to which the Committee is subject, or (C) any material agreement, instrument, order, judgment, or decree to which the Committee is subject. 

Section 7.    Governing Law.  This Agreement will be governed by the laws of the State of Ohio (or federal law, where applicable), without regard to its conflicts of laws principles that would require the law of another jurisdiction to be applied. 
Section 8.    Representation by Counsel.  Each signatory acknowledges that it has been represented by counsel in connection with this Agreement and the transactions contemplated herein.  Accordingly, any rule of law or any legal decision that would provide any signatory with a defense to the enforcement of the terms of this Agreement against such signatory based upon lack of legal counsel shall have no application and is expressly waived. 
Section 9.    Interpretation.  This Agreement is the product of negotiations of the Parties, and in the enforcement or interpretation hereof, is to be interpreted in a neutral manner, and any presumption with regard to interpretation for or against any Party by reason of that Party having drafted or caused to be drafted this Agreement, or any portion hereof, shall not be effective in regard to the interpretation hereof. 
Section 10.    Counterparts.  This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and all of which shall constitute one and the same agreement.  Delivery of an executed signature page of this Agreement by facsimile or other electronic means shall be as effective as delivery of a manually Executed signature page of this Agreement. 
Section 11.    Entire Agreement.  This Agreement, the Settlement Agreement and the order approving this Agreement, constitute the complete and entire agreement among the Parties with respect to the matters contained in this Agreement, and supersede all prior agreements, negotiations, and discussions among the Parties with respect thereto.
Section 12.    Non-Reliance.  Each of the Parties acknowledges that, in entering into this Agreement, it is not relying upon any representations or warranties made by anyone other than those representations, warranties, terms and provisions expressly set forth in this Agreement.
Section 13.    Reservation of Rights.  Notwithstanding anything contained in this Agreement, the Debtors reserve their rights with respect to whether court approval is required for any future amendments or waivers to the Settlement Agreement. 

6

Execution Version

[SIGNATURE PAGE FOLLOWS]

IN WITNESS WHEREOF, the Parties have executed this Agreement on the day and year first listed above. 
FirstEnergy Solutions Corp., on behalf of itself and its direct and indirect subsidiaries.

By:      s/Kevin Warvell                                 
Its: Chief Financial Officer, Chief Risk Officer & Corporate Secretary 
Date: November 21, 2019

FirstEnergy Nuclear Operating Company

By:      s/Kevin Warvell                                 
Its: Chief Financial Officer, Chief Risk   Officer & Corporate Secretary 
Date: November 21, 2019

FirstEnergy Corp., on behalf of itself and its direct and indirect non-Debtor subsidiaries.

By:      s/Steven R. Staub                                 
Its: Vice President and Treasurer
Date: November 20, 2019

7

Execution Version

ACKNOWLEDGED AND AGREED:

OFFICIAL COMMITTEE OF UNSECURED CREDITORS OF FIRSTENERGY SOLUTIONS CORP. ET AL. by its Co-Chairs 

BNSF Railway Company 

By:      s/Munsoor Hussain                                 
Name: Munsoor Hussain
Title: Assistant General Tax Counsel

WILMINGTON SAVINGS FUND SOCIETY, FSB, in its capacity as the indenture trustee for the lessor notes issued under six indentures with Mansfield 2007 Trusts A-F and its capacity as pass through trustee under the pass through trust agreement with FirstEnergy Generation, LLC and FirstEnergy Solutions Corp. for the pass through certificates issued in connection with the sale-leaseback transaction for Unit 1 of the Bruce Mansfield Plant

By:     s/Patrick J. Healy                                 
Name: Patrick J. Healy
Title: Senior Vice President and Director

8

Execution Version

Kramer Levin Naftalis & Frankel LLP, as authorized representative for the Ad Hoc Noteholders Group: 

By:      s/Amy Caton                                 
Name: Amy Caton
Title: Partner

9

Execution Version

Latham & Watkins LLP, as authorized representative for the Bruce Mansfield Certificateholders Group: 

By:      s/Andrew M. Parlen                                 
Name: Andrew M. Parlen
Title: Partner

10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00302-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00302-of-00352.parquet"}]]