Document:

Exhibit 10-1

EXHIBIT 10-1

THIRD AMENDMENT TO THE MEAD CORPORATION SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

  WHEREAS, The Mead Corporation ("Mead") heretofore established The Mead
Corporation Section 4 Supplemental Executive Retirement Plan (the "Plan") and subsequently amended the Plan, and 

  WHEREAS, Mead desires to further amend the Plan pursuant to the power
reserved to Mead's Compensation Committee by Section 12 of the Plan;

  NOW THEREFORE, the Plan is hereby amended, effective as of January 25,
2002, as follows:

    1.   Subsection 3.6 is revised to read as follows:

      3.6  Other Benefits.  The term "Other Benefits" means, with respect to
any Participant, the sum of:

        (a) 50 percent of the annual primary Social Security benefit payable (or, in the case of a Participant whose benefit is being
determined prior to the date he attains age 62 years, estimated by the Plan Administrator, in his absolute discretion, to be payable) to the
Participant at age 62;

        (b) the annual amounts (expressed as single life annuities) determined to be payable to the Participant under The Mead Retirement
Plan, The Mead Corporation Section 415 Excess Benefit Plan and The Mead Corporation Excess Earnings Benefit Plan (the "Mead Plans"), but
determined without taking into account the amount, if any, of the Participant's "Supplemental Benefit" (as that term is defined in the
Mead Plans), as of his termination date, or such other determination date as is specifically provided with respect to a particular Plan
Benefit and disregarding any reduction on account of a "qualified domestic relations order" (as defined in section 414(p) of the Code);
and

        (c) the annual amount (expressed as a single life annuity) payable to the Participant from the employer-funded portion of any
deferred, vested or lump sum benefit earned under a "Prior Retirement Plan" (that is, any defined benefit plan or similar primary retirement
plan intended to meet the requirements of section 401(a) of the Code (including any governmental plan) maintained by any previous employer
of the Participant) prior to age 55 and payable no earlier than 10 years prior to the date on which the Participant was employed by the
Employers and Affiliates, but disregarding any reduction on account of a qualified domestic relations order.

 

EXECUTED at Dayton, Ohio this 25th day of January, 2002.

THE MEAD CORPORATION

 

 

By:  /s/ A. ROBERT ROSENBERGER

Its: Vice President (Human Resources)

ATTEST: 

 

/s/ PATRICIA C. NORRIS

Assistant SecretaryExhibit 10-2

EXHIBIT 10-2

AMENDMENT TO THE MEAD CORPORATION EXCESS EARNINGS BENEFIT PLAN

            WHEREAS, The Mead Corporation ("Mead") heretofore established The Mead
Corporation Excess Earnings Benefit Plan (the "Plan") and subsequently amended the Plan, and

            WHEREAS, Mead desires to further amend the Plan pursuant to the power
reserved to Mead's Compensation Committee by Section 6 of the Plan;

            NOW THEREFORE, the Plan is hereby amended, effective as of January 29,
2002, as follows:

            1.   New Subsection 1.7 is added to read as follows:

               1.7  Severance Plan Participant. The term "Severance Plan Participant"
means an individual who is eligible to participate in The Mead Change in Control Severance Plan.

            2.   Subsection 3.2 is revised to read as follows:

                3.2  Unlimited Accrued Benefit.  A Participant's "Unlimited Accrued     Benefit" as at any date is an amount equal to the amount of his "Accrued     Benefit" plus, in the case of a Severance Plan Participant,  the amount of     his "Supplemental Benefit" (each as determined in accordance with the     provisions of The Mead Retirement Plan as of that date), but computed     without regard to:

                                    (a)  the limitations of section 415 of the Code; or

                                    (b)  the amount of any otherwise applicable reduction in the          amount of his Accrued Benefit on account of any amount paid or          payable:

                        
(i)   to or on account of the Participant under any other
"qualified" defined benefit pension plan maintained by any               Employer; or

                             
(ii)  to an "alternate payee" (as defined in section 414(p)               of the Code); or

                     (c)  the limitation of section 401(a)(17) of the Code; but

                                   
(d)  by taking into account the amount, if any, that:

                             
(i)   the Participant elects to defer under the terms of The               Mead Corporation Executive Capital Accumulation Plan
("EXCAP")               for any applicable Plan Year, exclusive of any portion of a               deferral that is attributable to long-term incentive compensation               paid to him;

                            
(ii)  the fair market value of each share of common stock of               Mead issued, or deemed issued, to the Participant (whether or not               subject to a risk of forfeiture) in lieu of cash payment of the               Participant's base salary or short term incentive compensation               for any applicable Plan Year, which value shall be determined as               the closing price of a share of such stock on the New York Stock               Exchange on the date payment is otherwise due or, if no Mead               common stock is traded on that Exchange on that date for any               reason, the next preceding day on which Mead common stock was               traded on the New York Stock Exchange; and 

                             
(iii) any amount paid to the Participant in lieu of an               annual incentive plan payment and not deferred by him under
EXCAP.

            3.   Subsection 3.3 is revised to read as follows:

                        3.3  Qualified Accrued Benefit.  A Participant's "Qualified Accrued     Benefit" as at any date is an amount equal to the amount of his Accrued     Benefit plus, in the case of a Severance Plan Participant,  the amount of     his Supplemental Benefit (each as determined in accordance with the     provisions of The Mead Retirement Plan as of that date), but computed     without regard to the amounts described in paragraphs
3.2(b)(i),     3.2(b)(ii), and 3.2(d) above, and limited in amount as required by the     requirements of sections 401(a)(17) and 415 of the Code, as set forth in     The Mead Retirement Plan.

            4.   Subsection 4.1 is revised to read as follows:

                        4.1  Distribution to a Participant.  Payments of a Participant's
Excess Earnings Benefit will be made in accordance with the following rules:

                  (a)  Subject to the following provisions of the Plan, the "Present     Value" (as defined and determined under the provisions of The Mead     Retirement Plan) of the amount of a Participant's Excess Earnings Benefit     shall be distributed to him, in a single lump sum, as soon as     administratively feasible (but not more than 6 months) after:

                          
(i)   the date as of which payment of his Pension is made or
commenced under The Mead Retirement Plan in the case of an Excess          Earnings Benefit attributable to his period of participation ending          prior to his Required Beginning Date; or 

                          
(ii)  the end of the Plan Year in which a right to an          additional benefit arises in the case of an Excess Earnings
Benefit attributable to any period of participation beginning on          his Required Beginning Date.

                  (b)  Notwithstanding the foregoing, if payment of a Participant's     Supplemental Benefit is made before his Pension commences under the Plan,     payment of that portion of his Excess Earnings Benefit that is equal to the     excess of that portion of his Unlimited Accrued Benefit that is
attributable to his Supplemental Benefit over the portion of his Qualified     Accrued Benefit that is attributable to his Supplemental Benefit shall be     distributed to him, in a single lump sum, as soon as administratively     feasible (but not more than 6 months) after the date as of which payment of     his Supplemental Benefit is made under The Mead Retirement Plan.

                  (c)  Notwithstanding any other provision of the Plan, for purposes of     this Section, if a Participant's Section 415 Excess Benefit described in     paragraph (a) above is subject to distribution at any date prior to the     Participant's Normal Retirement Date (other than pursuant to paragraph (b)     above), then the amount of that benefit, as otherwise determined in     accordance with the provisions of subsection 3.1 and attributable to his     Accrued Benefit, but not his Supplemental Benefit, under the Mead     Retirement Plan, shall be reduced to reflect early commencement by     application of any reduction factors that are applicable in determining the     amount of the Pension payable to him under The Mead Retirement Plan as of     that date.

  5.   Subsection 4.2 is revised to read as follows:

           4.2   Distribution to a Surviving Spouse. The surviving "Spouse" (as
defined in The Mead Retirement Plan) of a deceased Participant who is entitled to receive a Pre-Retirement Survivor Pension (as defined in The Mead Retirement
Plan) shall be entitled to receive a Surviving Spouse Benefit from this Plan in an amount, if any, equal to the Present Value of the monthly Pre-Retirement
Survivor Pension that she would have received under the provisions of The Mead Retirement Plan had the Participant's Accrued Benefit under The Mead Retirement
Plan been an amount equal to the amount of his Section 415 Excess Benefit that is attributable to his Accrued Benefit but that is not attributable to his
Supplemental Benefit. In addition, the surviving Spouse (or other Beneficiary named by the Participant to receive his Supplemental Benefit in accordance with
the terms of The Mead Retirement Plan) will be entitled to a payment under this Plan in the same time and manner as the Spouse or other Beneficiary receives a
payment under Section II-6.7(g) of The Mead Retirement Plan and in an amount equal to the portion of the Participant's Section 415 Excess Benefit, if any,
that is attributable to his Supplemental Benefit.

EXECUTED at Dayton, Ohio this 22nd day of February, 2002.

                                                                        THE MEAD CORPORATION

 

 

                                                                        By:
 /s/ JEROME F. TATAR

                                                                                Its President

ATTEST:

 

 

/s/ PATRICIA C. NORRIS

Assistant Secretary

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