Document:

Exhibit

Exhibit 4.13

FIRST AMENDMENT TO THE
CARDINAL HEALTH 401(K) SAVINGS PLAN
FOR EMPLOYEES OF PUERTO RICO
(As Amended and Restated January 1, 2016)

Background Information

		
	A.
	Cardinal Health, Inc. (“Cardinal Health”) previously adopted and currently maintains the Cardinal Health 401(k) Savings Plan for Employees of Puerto Rico (the “Plan”) for the benefit of eligible employees of Cardinal Health and its subsidiaries and affiliates.

		
	B.
	Section 11.02 of the Plan permits the amendment of the Plan at any time. 

		
	C.
	The Cardinal Health, Inc. Financial Benefit Plans Committee (the “Committee”) is authorized to make certain amendments to the employee benefits plans maintained by Cardinal Health and the subsidiaries and affiliates of Cardinal Health, including the Plan, and is authorized to approve amendments regarding the administration of the Plan in accordance with the authority delegated by the Human Resources and Compensation Committee of the Board of Directors of Cardinal Health. 

		
	D.
	The Committee desires to amend the Plan to reflect the recent guidance issued by the Internal Revenue Service in Revenue Ruling 2014-24 (which further clarifies Revenue Rulings 81-100 and 2004-67 in connection with “81-100 group trusts”) allowing the participation in group trusts of Puerto Rico only qualified plans described in section 1022(i)(1) of the Employee Retirement Income Security Act of 1974, as amended. 

Amendment of the Cardinal Health 401(k) Savings Plan for Employees of Puerto Rico

The Plan is hereby amended as follows, effective as of January 1, 2016.

		
	1.
	Section 7.05 of the Plan, “Investment Funds,” is hereby amended to add a new paragraph after the first paragraph of the section. The amended Section 7.05 will read as follows. 

“Section 7.05.  INVESTMENT FUNDS.  The Plan Administrator and the Trustee shall establish certain investment funds (the “investment Funds”), rules governing the administration of the Investment Funds, and procedures for directing the investment of Participant Accounts among the Investment Funds. The Trustee shall invest and reinvest the principal and income of each Account in the Trust Fund as required by ERISA and as directed by Participants. The Plan Administrator reserves the right to change the investment options available under the Plan (other than the Employer Common Stock Fund) and the rules governing investment designations at any time and from time to time.  

In accordance with the provisions and guidance provided by the Internal Revenue Service in Revenue Ruling 2014-24, the Plan is eligible to participate in 81-100 group trusts. The Plan Administrator and the Trustee may include among the Investment Funds available 81-100 group trusts, provided the requirements of Revenue Ruling 2011-01, as modified by Revenue Ruling 2014-24, are satisfied. The Investment Funds invested in such 81-100 group trusts shall not be used for, or diverted to, purposes other than for the exclusive benefit of the Plan Participants and their Beneficiaries. 

Notwithstanding the foregoing, the Plan shall have an “Employer Common Stock Fund” as one of the Investment Funds available to Participants under the Plan. The 

Employer Common Stock Fund shall consist of stock of the Company and cash or cash equivalents needed to meet obligations of such fund or for the purchase of stock of the Company. One of the purposes of the Plan is to provide Participants with the opportunity to hold directly or indirectly ownership interests in the Company. To the extent practicable, all available assets of the Employer Common Stock Fund shall be used to purchase Shares, which shall be held by the Trustee and allocated to Participant Accounts until distribution in kind of sale for distribution of cash to Participants or Beneficiaries or until disposition is required to implement changes in investment designations. In addition, when acquiring Shares, the Trustee may acquire Shares directly from the Company or on the open market as necessary to effect Participant directions. In either case, the price paid for such Shares shall not exceed the fair market value of the Shares. The fair market value of the Shares acquired directly from the Company shall mean the mean between the high and low bid and ask prices as reported by the New York Stock Exchange on the date of such transaction. 

Each Investment Fund (other than the Employer Common Stock Fund) shall be established by the Trustee at the direction of the Plan Administrator. Investment Funds may, as so determined, consist of preferred and common stocks, bonds, debentures, negotiable instruments and evidences of indebtedness of every kind and form, or in securities and units of participation issued by companies registered under the Investment Companies Act of 1940, master limited partnerships or real estate investment and reinvestment of assets of pension and profit sharing trusts which are exempt from federal income taxation under the Code, or any combination of the foregoing. The Trustee shall hold, manage, administer, invest, reinvest, account for and otherwise deal with the Trust Fund and each separate Investment Fund as provided in the Trust Agreement. 

Anything in the Plan or Trust Agreement to the contrary notwithstanding, the Trustee shall not sell, alienate, encumber, pledge, transfer, or otherwise dispose of, or tender or withdraw, any Shares held by it under the Trust Agreement, except (i) as specially provided for in the Plan or (ii) in the case of a “Tender Offer” as directed in writing by a Participant (or Beneficiary, where applicable) on a form provided or approved by the Plan administrator and delivered to the Trustee. For the purposes hereof, a Tender Offer shall mean any offer for, or request for or invitation for tenders of, or offer to purchase or acquire, any Shares that is directed generally to shareholders of the Employer or any transaction which may be defined as a Tender Offer under rules or regulations promulgated by the Securities and Exchange Commission. To the extent that any money or other property is received by the Trustee as a result of a tender of Shares not prohibited by the preceding sentence, such money or property shall be allocated to such other Investment Fund(s) as directed by the Participants in whose Account the Shares so tendered were held. 

2.    All other Plan provisions shall remain in full force and effect. 

	
			
	 
	CARDINAL HEALTH, INC.

	 
	By:
	/s/ Kendell F. Sherrer

	 
	Its:
	VP, Benefits

	 
	Date:
	9-9-16Exhibit

Exhibit 4.14

FIRST AMENDMENT TO THE
CARDINAL HEALTH 401(K) SAVINGS PLAN
FOR EMPLOYEES OF PUERTO RICO
(As Amended and Restated January 1, 2016)

Background Information

		
	A.
	Cardinal Health, Inc. (“Cardinal Health”) previously adopted and currently maintains the Cardinal Health 401(k) Savings Plan for Employees of Puerto Rico (the “Plan”) for the benefit of eligible employees of Cardinal Health and its subsidiaries and affiliates.

		
	B.
	Section 11.02 of the Plan (as in effect prior to this First Amendment) provides that the Plan may be amended at any time, provided that such amendment(s) are approved or ratified by Cardinal Health’s board of directors (the “Board”), any committee thereof, an authorized officer of Cardinal Health, or another authorized party.

		
	C.
	Pursuant to authority delegated to it by the Human Resources and Compensation Committee of the Board, the Benefits Policy Committee (the “BPC”) is authorized to make certain material amendments to the Plan.

		
	D.
	The BPC desires to amend the Plan to: (1) modify the Plan’s matching contribution formula; (2) modify the Plan’s governance processes and amendment authority; and (3) make other technical and conforming changes.  The aforementioned changes fall within the BPC’s delegated authority.

Amendment of the Cardinal Health 401(k) Savings Plan for Employees of Puerto Rico

The Plan is hereby amended as set forth below, effective as of January 1, 2018.

		
	1.
	A new Section 1.15A, “FBPC,” is hereby added to the Plan to read as follows:

“Section 1.15A.  FBPC.  The Financial Benefit Plans Committee of the Company.”

		
	2.
	Section 1.27 of the Plan, “Plan Administrator,” is hereby amended to read as follows:

“Section 1.27.  Plan Administrator.  The FBPC shall be the Plan Administrator of the Plan.”

3.    A new Section 1.33A, “Special Contribution Account,” is hereby added to the Plan to read as follows:

“Section 1.33A.  Special Contribution Account.  That portion of a Participant’s Account credited with Special Contributions under Sections 3.02 and 3.03, and adjustments relating thereto.”

		
	4.
	Section 1.38 of the Plan, “Trust,” is hereby amended to read as follows:

“Section 1.38.  Trust.  The Trust known as the Deed of Amendment and Restatement of Trust and Appointment of Successor Trustee executed on April 5, 2007 for the Cardinal Health 401(k) Savings Plan for Employees in Puerto Rico and maintained in accordance with the terms of the trust agreement between the Plan Administrator and the Trustee, as amended from time to time.”

		
	5.
	Section 1.40 of the Plan, “Trustee,” is hereby amended to read as follows:

“Section 1.40.  Trustee.  The entity or person(s) appointed by the Plan Administrator in accordance with Section 7.01 of the Plan.”

6.    Section 1.43 of the Plan, “Terms Defined Elsewhere,” is hereby amended to add the following sentence at the beginning thereof:

“This Section 1.43 is intended for informational purposes only and nothing herein shall be construed to alter any provisions of the Plan, the rights and/or responsibilities of any party under the Plan.”

7.    Section 3.02 of the Plan, “Employer Contributions,” is hereby renamed as “Company Performance Contributions,” and is amended to read as follows:

“Section 3.02.  COMPANY PERFORMANCE CONTRIBUTIONS.  For each Plan Year, an Employer may make “Company Performance Contributions” to the Trust in such amounts determined in the discretion of the Board (or another entity designated by the Board) based on profitability or other relevant factors related to the performance of the Company.  Such Company Performance Contributions will be in the form of “Employer Contributions” and/or “Special Contributions,” as described in Section 3.03(B).  The amount contributed in any year may vary in the discretion of the Board (or such other entity designated by the Board).  An Employer shall not make a contribution to the Trust for any taxable year to the extent the contribution would exceed the annual benefit and contribution limitations under Code Section 1081.01(a)(11) and/or the maximum deduction limitations under Code Section 1033.09, as applicable.  All contributions are conditioned on their deductibility under the Code.

8.    Section 3.06 of the Plan, “Matching Contributions,” is hereby amended to read as follows:

“Section 3.06.  MATCHING CONTRIBUTIONS.  For each Plan Year, the Employer shall contribute to each eligible Participant’s Account a “Matching Contribution” in an amount equal to 200% of each Participant’s Compensation Deferral Contributions that do not exceed 1% of the Participant’s Compensation, 100% of each Participant’s Compensation Deferral Contributions that exceed 1% of the Participant’s Compensation but that do not exceed 2% of the Participant’s Compensation, and 50% of each Participant’s Compensation Deferral Contributions that exceed 2% of the Participant’s Compensation but that do not exceed 5% of the Participant’s Compensation.”

9.    Section 7.01 of the Plan, “Establishment of Trust,” is hereby amended to read as follows:

“Section 7.01.  ESTABLISHMENT OF TRUST.  The Plan Administrator shall execute an agreement with one or more persons or parties who shall serve as the 

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Trustee (such agreement the “Trust Agreement”).  The Trustee so selected shall serve as the Trustee until otherwise replaced or until such Trust Agreement is terminated.  The Plan Administrator may, from time to time, enter into such further agreements with the Trustee or other parties and make such amendments to the Trust Agreement as it may deem necessary or appropriate to administer the Plan.  Any and all rights or benefits that may accrue to a person under this Plan shall be subject to all the terms and provisions of the Trust Agreement.”

10.    Section 7.04 of the Plan, “Indemnity of Committee(s),” is hereby renamed as “Indemnity by Employer,” and the first sentence thereof is hereby amended to read as follows:

“Section 7.04.  INDEMNITY BY EMPLOYER.  Each Employer indemnifies and saves harmless the Plan Administrator, any committee of the Board, and each individual member thereof, from and against any and all loss (including reasonable attorney’s fees and costs of defense) resulting from liability to which the Plan Administrator, such committee, or such individual member thereof may be subjected by reason of any act or conduct in their official capacities in the administration of the Trust or this Plan or both, including expenses reasonably incurred in their defense, in case the Employer fails to provide such defense.”

11.    Section 8.04 of the Plan, “Notice of Change in Terms,” is hereby amended to read as follows:

“Section 8.04.  NOTICE OF CHANGE IN TERMS.  The Plan Administrator, within the time prescribed by ERISA and the applicable regulations, shall furnish all Participants and Beneficiaries a summary description of any material amendment to the Plan or notice of discontinuance of the Plan and all other information required by ERISA to be furnished without charge.”

12.    Section 8.08 of the Plan, “Information Available,” is hereby amended to read as follows:

“Section 8.08.  INFORMATION AVAILABLE.  Any Participant in the Plan or any Beneficiary may examine copies of the Plan, the Trust, the Plan’s summary plan description, the latest annual report, any bargaining agreement, contract or any other instrument under which the Plan was established or is operated.  The Plan Administrator will maintain all of the items listed in this Section 8.08 in its offices, or in such other place or places as it may designate from time to time in order to comply with the regulations issued under ERISA, for examination during reasonable business hours.  Upon the written request of a Participant or Beneficiary, the Plan Administrator shall furnish him with a copy of any item listed in this Section 8.08.  The Plan Administrator may make a reasonable charge to the requesting person for the copy so furnished.”

13.    The third sentence of Section 9.01 of the Plan, “Administrator, Trustee, and Fiduciaries,” is hereby amended to read as follows:

“The Plan Administrator shall have the sole authority to appoint and remove the Trustee.”

14.    Section 9.02 of the Plan, “Appointment of Committee,” is hereby renamed as “FBPC Meetings and Membership” and is amended in its entirety to read as follows:

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“Section 9.02.  FBPC MEETINGS AND MEMBERSHIP.  The FBPC shall be comprised of the following members:  (1) Senior Vice President of the Company overseeing Benefits; (2) An individual designated by the Chief Human Resources Officer (“CHRO”) of the Company; (3) Treasurer of the Company; and (4) An individual designated by the Chief Financial Officer (“CFO”) of the Company.  Each Member of the FBPC shall serve without the need of a formal appointment or resignation, so long as she or he holds the position, or is designated in writing as the stated designee of the CHRO or CFO.  The designee of the CFO shall chair the FBPC.

The FBPC shall meet quarterly as determined by the FBPC and at such other times as necessary to perform its duties.  A majority of the members of the FBPC constitutes a quorum.  The FBPC may act by a majority vote at a meeting or by a writing approved by a majority of its members without a meeting.  The FBPC may adopt such rules and procedures as are necessary or appropriate, as determined in the FBPC’s discretion, to carry out its responsibilities with respect to the Plan.”

15.    Section 9.03 of the Plan, “Plan Administrator Powers and Duties,” is hereby amended to read as follows:

“Section 9.03.  PLAN ADMINISTRATOR POWERS AND DUTIES.  The Plan Administrator shall have full power, authority and discretion to control and manage the operation and administration of the Plan.  The discretionary authority of the Plan Administrator shall include, but not be limited to, the following:

		
	A.
	To determine the rights of eligibility of an Employee to participate in the Plan, the value of a Participant’s Account, and the Nonforfeitable percentage of each Participant’s Account;

		
	B.
	To adopt rules and procedures necessary for the proper and efficient administration of the Plan, provided the rules and procedures are not inconsistent with the terms of this Plan and the Trust;

		
	C.
	To construe, interpret and enforce the terms of the Plan and the rules and regulations it adopts, including the discretionary authority to interpret the Plan documents, documents related to the Plan’s operation, and findings of fact;

		
	D.
	To direct the Trustee with respect to the crediting and distribution of the Trust;

		
	E.
	To review and render decisions respecting claims (including appeals of denied claims) in accordance with the Plan’s claims procedures;

		
	F.
	To furnish an Employer with information that the Employer may require for tax or other purposes;

		
	G.
	To engage such legal (including legal counsel of the Employer), accounting, recordkeeping, clerical, investment and/or administrative 

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services that it may deem necessary or appropriate for the proper administration or operation of the Plan;

		
	H.
	To engage the services of agents (to perform fiduciary and/or nonfiduciary functions) whom it may deem advisable to assist it with the performance of its duties;

		
	I.
	To engage the services of an investment manager or investment managers (as defined in Section 3(38) of ERISA), each of whom shall have full power and authority to manage, acquire or dispose (or direct the Trustee with respect to acquisition or disposition) of any Plan asset under its control;

		
	J.
	To allocate fiduciary responsibilities (other than the trustee responsibilities as defined in Section 405(c)(3) of ERISA) to any person;

		
	K.
	To delegate responsibility (including the responsibilities described in this Section 9.03) to others, including, but not limited to benefits staff of the Company and third parties engaged to provide services to the Plan; 

		
	L.
	To keep such records, books of account, data and other documents as may be necessary for the proper administration of the Plan;

		
	M.
	To prepare and distribute to Participants and Beneficiaries information concerning the Plan and their rights under the Plan, including, but not limited to, information that is required to be distributed by ERISA, the Code, regulations under each, or by any other applicable law;

		
	N.
	To file such reports and additional documents as may be required to be filed (or deemed appropriate to be filed) under the Code, ERISA and regulations issued under each; and

		
	O.
	To do all things necessary or appropriate to operate and administer the Plan in accordance with its provisions and in compliance with applicable provisions of law.

When making a determination or calculation, the Plan Administrator shall be entitled to rely upon information furnished by a Participant, Beneficiary, an Employer, the legal counsel, or the Trustee.  Benefits under the Plan shall be paid only if the Plan Administrator (or its delegate) decides in its discretion that the applicant is entitled to such benefits under the Plan.”

16.    The first sentence of Section 9.11 of the Plan, “Fees and Expenses from Fund,” is hereby amended to read as follows:

“The Trustee shall receive reasonable annual compensation as may be agreed upon from time to time between the Plan Administrator and the Trustee.”

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17.    Section 11.02 of the Plan, “Amendment by Company,” is hereby renamed as “Plan Amendments,” and is amended in its entirety to read as follows:

“Section 11.02.  PLAN AMENDMENTS.  The Company may amend the Plan at any time and in any respect through a written resolution adopted or approved by the Board, or by: 

		
	A.
	the FBPC, with respect to any amendment that: (i) is required by law to maintain the tax-qualified status of the Plan, or (ii) when aggregated with any other amendment or amendments approved on the same date, is reasonably expected to have an annual financial impact on the Company of $5 million or less;

		
	B.
	the CHRO of the Company, with respect to any amendment that, when aggregated with any other amendment or amendments approved on the same date, is reasonably expected to have an annual financial impact on the Company of $20 million or less; and

		
	C.
	the Chief Executive Officer of the Company.

However, no amendment shall authorize or permit any part of the Trust Fund (other than the part required to pay taxes and administrative expenses) to be used for or diverted to purposes other than for the exclusive benefit of the Participants or their Beneficiaries or estates.  No amendment shall cause or permit any portion of the Trust Fund to revert to or become a property of an Employer.  Furthermore, no amendment shall decrease a Participant’s Account balance or accrued benefit or reduce or eliminate any benefits protected under ERISA Section 204(g), including an optional form of distribution, with respect to a Participant with an Account balance or accrued benefit at the date of the amendment, except to the extent otherwise permitted by ERISA Section 302(c)(8) or other applicable law or regulation.”

18.    All other provisions of the Plan shall remain in full force and effect.

	
			
	 
	CARDINAL HEALTH, INC.
BENEFITS POLICY COMMITTEE

	 
	By:
	/s/ Pamela O. Kimmet

	 
	Its:
	Chief HR Officer

	 
	Date:
	November 27, 2017

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