Document:

Exhibit 10.17

  
  
    Exhibit 4.7 

    CIGNA SUPPLEMENTAL 401(k) PLAN

      (Effective as of January 1, 2010) 

    CIGNA Corporation is adopting the CIGNA Supplemental 401(k) Plan (“Plan”), effective as of January 1, 2010, to provide Participants certain benefits not available under the CIGNA 401(k) Plan.
    

    ARTICLE 1

        Definitions 

    These terms have the following meanings under the Plan. 

    
      	1.1	 	401(k) Plan — the CIGNA 401(k) Plan, or any successor plan.

    

    
      	1.2	 	Account — the separate bookkeeping account established for a Participant that represents the Company’s unfunded, unsecured obligation to make future payments to the Participant.

    

    1.3 Affiliate — the meaning set forth in Rule 12b-2 promulgated under the Exchange Act. 

    
      	1.4	 	Beneficial Owner and Beneficially Owned — the meaning set forth in Rule 13d-3 promulgated under the Exchange Act.

    

    
      	1.5	 	Beneficiary — the same person or persons who receive payment of Participant’s 401(k) Plan account balance after Participant’s death under the terms of the 401(k) Plan.

    

    
      	1.6	 	Board Committee — the People Resources Committee of the Board of Directors, or any successor committee.

    

    
      	1.7	 	Board of Directors — the board of directors of CIGNA Corporation.

    

    
      	1.8	 	Change of Control — any of these events:

    

    
      	 	(a)	 	a corporation, person or group acting in concert, as described in Exchange Act Section 14(d)(2), holds or acquires beneficial ownership within the meaning of Rule 13d-3 promulgated under the Exchange Act of a number of preferred or common
              shares of CIGNA Corporation having 25% or more of the combined voting power of CIGNA Corporation’s then outstanding securities; or

    

    
      	 	(b)	 	there is consummated a merger or consolidation of CIGNA Corporation or any direct or indirect subsidiary of CIGNA Corporation with any other corporation, other than:

    

    
      	 	(1)	 	a merger or consolidation immediately following which the individuals who constituted the Board of Directors immediately prior thereto constitute at least a majority of the board of directors of the entity surviving such merger or
              consolidation or the ultimate parent thereof, or

    

    
      	 	(2)	 	a merger or consolidation effected to implement a recapitalization of CIGNA Corporation (or similar transaction) in which no Person is or becomes the Beneficial Owner, directly or indirectly, of securities of CIGNA Corporation (not
              including in the securities Beneficially Owned by such Person any securities acquired directly from CIGNA Corporation or its Affiliates) representing 25% or more of the combined voting power of the CIGNA Corporation’s then outstanding
              securities; or

    

      

     

  

  
   

  

   

   

   

  
    
      

    

    
      	 	(c)	 	a change occurs in the composition of the Board of Directors at any time during any consecutive 24-month period such that the Continuity Directors cease for any reason to constitute a majority of the Board of Directors. For purposes of the
              preceding sentence “Continuity Directors” shall mean those members of the Board of Directors who either: (1) were directors at the beginning of such consecutive 24-month period; or (2) were elected by, or on nomination or recommendation of,
              at least a majority of the Board of Directors (other than a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation, relating to the
              election of directors of CIGNA Corporation); or

    

    
      	 	(d)	 	the shareholders of CIGNA Corporation approve a plan of complete liquidation or dissolution of CIGNA Corporation or there is consummated an agreement for the sale or disposition by CIGNA Corporation of all or substantially all of CIGNA
              Corporation’s assets, other than a sale or disposition by CIGNA Corporation of all or substantially all of CIGNA Corporation’s assets immediately following which the individuals who constituted the Board of Directors immediately prior thereto
              constitute at least a majority of the board of directors of the entity to which such assets are sold or disposed or any parent thereof.

    

    Notwithstanding the foregoing, a “Change of Control” shall not be deemed to have occurred by virtue of the consummation of any transaction or series of integrated transactions
      immediately following which the record holders of the common stock of CIGNA Corporation immediately prior to such transaction or series of transactions continue to have substantially the same proportionate ownership in an entity which owns all or
      substantially all of the assets of CIGNA Corporation immediately following such transaction or series of transactions. 

    
      	1.9	 	Code — the Internal Revenue Code of 1986, as amended.

    

    
      	1.10	 	Company — CIGNA Corporation and each Subsidiary that has been authorized by the Chief Executive Officer of CIGNA Corporation to participate in the Plan.

    

      

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      	1.11	 	Corporate Committee — the CIGNA Corporation Corporate Benefit Plan Committee, or any successor committee.

    

    
      	1.12	 	Deferred Compensation Plan — the CIGNA Deferred Compensation Plan of 2005 (Effective as of January 1, 2005), as it may be amended or restated.

    

    
      	1.13	 	Eligible Earnings — “Eligible Earnings” as defined under the 401(k) Plan.
	 
	1.14	 	ERISA — the Employee Retirement Income Security Act of 1974, as amended.
	 
	1.15	 	Exchange Act — the Securities Exchange Act of 1934, as amended.

    

    
      	1.16	 	Participant — an employee of a Company who becomes eligible to participate in the Plan in accordance with the terms and conditions of the Plan.

    

    
      	1.17	 	Person — the meaning given in Section 3(a)(9) of the Exchange Act, as modified and used in Sections 13(d) and 14(d) thereof, except that such term shall not include (a) CIGNA Corporation or any of its Subsidiaries, (b) a trustee or
              other fiduciary holding securities under an employee benefit plan of CIGNA Corporation or any of its Affiliates, (c) an underwriter temporarily holding securities pursuant to an offering of such securities, or (d) a corporation owned,
              directly or indirectly, by the stockholders of CIGNA Corporation in substantially the same proportions as their ownership of stock of CIGNA Corporation.

    

    
      	1.18	 	Plan — the CIGNA Supplemental 401(k) Plan (Effective as of January 1, 2010), as it may be amended or restated.

    

    
      	1.19	 	Plan Administrator — the person or committee charged with responsibility for administration of the Plan.

    

    
      	1.20	 	Plan Year — the calendar year January 1 to December 31.

    

    
      	1.21	 	Retirement — A Participant’s termination of employment, after appropriate notice to the Company, on or after the later of Participant’s 55th birthday
              or the date Participant completes five years of Company service, as calculated under the service-counting rules used to determine eligibility for benefits under the Company’s medical plan for retirees.

    

    
      	1.22	 	Separation from Service — a Participant’s death, retirement or other termination of employment, from the Participant’s employer or service recipient within the meaning of Treasury Regulation Section 1.409A-1(h). For this purpose,
              the level of reasonably anticipated, permanently reduced, bona fide services that will be treated as a Separation from Service is 30%. Generally, a Participant’s Separation from Service occurs when the Participant’s level of services to CIGNA
              Corporation and its affiliates is reduced by 70% or more.

    

      

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      	1.23	 	Subsidiary — a corporation (or a partnership, joint venture or other unincorporated entity) of which more than 50% of the combined voting power of all classes of stock entitled to vote (or more than 50% of the capital, equity or
              profits interest) is owned directly or indirectly by CIGNA Corporation; provided that such corporation (or other entity) is included in CIGNA Corporation’s consolidated financial statements under generally accepted accounting principles.

    

    
      	1.24	 	Valuation Date — the date(s) to be determined by the Plan Administrator for valuing Accounts, provided that the last business day of each month shall be a Valuation Date.

    

    ARTICLE 2

        Participation; Non-Elective Deferrals 

    2.1 Eligibility. The Plan is intended primarily to provide deferred compensation for a select group of management and highly compensated employees. Any Company employee who meets the
      eligibility rules described in Section 2.2 shall be eligible to participate in the Plan and become a Participant. 

    2.2 Participation. Any Company employee who, for any Plan Year starting after December 31, 2009, meets the requirements described in sub-Sections (a) and (b) below shall be eligible
      to participate in the Plan for that Plan Year, shall become a Participant as of that Plan Year, and shall remain a Participant until his/her Account is completely paid under Article 4. To be eligible to participate in the Plan for any Plan Year, a
      Company employee must: 

    
      	(a)	 	Either:

    

    
      	 	(1)	 	Defer, under the terms of the Deferred Compensation Plan, Eligible Earnings otherwise payable during the Plan Year; or

    

    
      	 	(2)	 	Receive compensation during the Plan Year that would qualify as Eligible Earnings but for the fact that it exceeds the limit on includable compensation under Code section 401(a)(17); and

    

    
      	(b)	 	Be employed by the Company on the last day of the Plan Year, unless the employee’s termination of employment during the Plan Year is on account of death or Retirement.

    

    The Plan Administrator shall establish an Account for each Participant under the Plan as of the first Plan Year that he or she becomes a Participant. 

      

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      	2.3	 	Non-Elective Deferral. As of December 31 of each Plan Year, a non-elective deferral shall be credited to the Account of a Participant who, for that Plan Year, meets the eligibility rules described in Section 2.2. The credit shall
              equal the sum of:

    

    
      	(a)	 	1.5% of the amount of the Participant’s otherwise Eligible Earnings for the Plan Year that Participant has deferred under the Deferred Compensation Plan; and

    

    
      	(b)	 	1.5% of the amount of compensation Participant receives during the Plan Year, to the extent such compensation would have been Eligible Earnings under the 401(k) Plan but for the fact that such compensation was in excess of the compensation
              limit under Code section 401(a)(17) for that year.

    

    Any compensation that is used as the basis for a credit under paragraph (a) shall not be used as the basis for a credit under paragraph (b). 

    ARTICLE 3

        Deferred Compensation Account 

    
      	3.1	 	Account Credits.

    

    
      	(a)	 	The Plan Administrator shall establish and maintain an Account for each Participant. The Plan Administrator shall credit to the Participant’s Account any non-elective deferrals in accordance with Section 2.3. Such credit shall be made
              effective as of January 1 of the year following the Plan Year to which the non-elective deferral is attributable.

    

    
      	(b)	 	The Plan Administrator shall also credit to the Participant’s Account any hypothetical income on the deferred compensation. The credit for hypothetical income shall be as provided in Section 3.3.

    

    
      	3.2	 	Account Balance. The balance of each Participant’s Account shall include non-elective deferred compensation credited to the Participant under this Plan and any related hypothetical income. The Plan Administrator shall determine each
              Participant’s Account balance as of each Valuation Date. The Plan Administrator shall provide each Participant an Account statement at least annually, and such statement may be delivered electronically.

    

    
      	3.3	 	Hypothetical Investment of Account.

    

    
      	(a)	 	A Participant’s Account shall be treated as invested in the hypothetical investment described in Section 3.3(b). The Plan Administrator shall credit to the Participant’s Account hypothetical income based on the performance of the applicable
              hypothetical investment. The Plan Administrator shall have authority to adopt, and from time to time change, the rules and procedures for crediting hypothetical income, provided that hypothetical income shall be credited no less than once
              each month.

    

    
      	(b)	 	The hypothetical investment under the Plan shall be a rate of return equal to the interest rate under the 401(k) Plan’s Fixed Income Fund, or a successor fund that provides a positive rate of return determined in advance. The Corporate
              Committee shall determine the applicable hypothetical investment if there is no such successor fund. 

    

      

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      	(c)	 	If a Change of Control occurs:

    

    
      	 	(1)	 	For a three-year period beginning on the effective date of a Change of Control, the Company (and any successor) shall neither terminate the Plan nor stop or reduce the rate of non-elective deferrals described in Section 2.3; and

    

    
      	 	(2)	 	The hypothetical investment rate of return under Section 3.3 shall be no less than the greater of (A) the rate described in Section 3.3(b) or (B) the Ten-year Constant Treasury Maturity Yield as reported by the Federal Reserve Board, based
              upon the November averages for the preceding year, plus 50 basis points.

    

    
      	3.4	 	Vesting. A Participant shall be vested in his or her Account balance to the extent he or she is vested in his or her account under the 401(k) Plan.

    

    ARTICLE 4

        Payment of Benefits 

    
      	4.1	 	Time and Form of Payment. 

    

    
      	(a)	 	Vested amounts credited to Participant’s Account balance under Section 3.1 shall be paid to the Participant in three installment payments made annually in July beginning in July of the year following the Participant’s Separation from
              Service.

    

    
      	(b)	 	However, if a Participant’s Account balance on the date of Separation from Service is $100,000 or less, payment shall be made in a single lump sum in July of the year following the Participant’s Separation from Service.

    

    
      	4.2	 	Payments of a Deceased Participant’s Account.

    

    
      	(a)	 	Upon the death of a Participant, the Plan Administrator shall pay any remaining portion of Participant’s vested Account balance in a single lump sum payment to Participant’s Beneficiary.

    

    
      	(b)	 	The Plan Administrator shall make any payments described in Section 4.2(a) during the 90-day period beginning January 1 of the year following the year the Participant dies. This Section 4.2 shall only serve to accelerate, and in no event
              shall delay, the payment of any remaining portion of a Participant’s Account upon that Participant’s death. 

    

      

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      	4.3	 	Domestic Relations Orders. A person shall not qualify for a benefit under this Plan solely because he or she is entitled to a benefit under the 401(k) Plan by reason of a “qualified domestic relations order” (as defined in ERISA
              Section 206). Notwithstanding Section 5.2, the Plan Administrator shall comply with the terms of a qualified domestic relations order (within the meaning of Code Section 414(p)) that specifically assigns to another person all or part of a
              Participant’s or a Beneficiary’s rights to benefits under this Plan.

    

    ARTICLE 5

        General Provisions 

    
      	5.1	 	Participant’s Rights Unsecured. The right of a Participant (or Beneficiary) to receive payments under the Plan represents an unsecured claim against the general assets of the Company that employs the Participant at the time that the
              compensation deferred otherwise would have been paid, or against the general assets of any successor company that assumes (or in case Participant transfers to employment with a different Company, is assigned) the liabilities of that Company.
              No Company guarantees or is liable for payments to any Participant employed by any other Company. Participant’s Account represents a mere promise by a Company to make payments in the future. The Plan at all times shall be considered entirely
              unfunded for both tax purposes and for purposes of Title I of ERISA.
	 
	5.2	 	Assignability. Except as otherwise permitted by applicable law, no right to receive Plan payments shall be transferable or assignable by a Participant or Beneficiary or subject in any manner to anticipation, sale, alienation,
              pledge, encumbrance, attachment or garnishment by creditors of a Participant or Beneficiary, and any such attempt shall be void and of no force or effect.
	 
	5.3	 	Administration. The Chair of the Corporate Committee shall appoint the Plan Administrator. Except as otherwise provided by the Plan, the Plan Administrator shall administer the Plan and shall have authority to adopt administrative
              rules and regulations. The Plan Administrator may, by contract, designation or other arrangement, provide for others to perform ministerial duties and record keeping.
	 
	5.4	 	Administrative Discretion. The Plan Administrator and Corporate Committee shall, as to the responsibilities allocated to them separately under the Plan, have the sole and absolute discretion to interpret, construe and implement the
              provisions of the Plan, including any disputed or ambiguous terms; to make determinations relating to eligibility and benefits; and to make findings of fact. Their determinations shall be final and binding on all parties. If the Plan
              Administrator is also a Participant, the Chair of the Corporate Committee (and not the Plan Administrator) shall make determinations under the Plan related to the Plan Administrator as Participant.
	 
	5.5	 	Amendment. The Plan may be amended, restated, modified, or terminated by the Board of Directors or the Board Committee. No amendment, restatement, modification, or termination shall reduce the balance of a Participant’s Account as
              of the Valuation Date immediately preceding such action.

    

      

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      	5.6	 	Tax Withholding. The Company or other payor may withhold from a benefit payment under the Plan or a Participant’s wages in order to meet any federal, state, or local withholding obligations with respect to a payment or accrual under
              the Plan. The Company may also accelerate and pay a portion of a Participant’s benefits in a lump sum equal to the Federal Insurance Contributions Act (“FICA”) tax imposed and the income tax withholding related to such FICA amounts.
	 
	5.7	 	Corporate Reorganization. If a company that employs a Participant ceases to be a Subsidiary and retains liabilities and responsibility for a Participant’s Account, then the Corporate Committee and Plan Administrator shall have no
              further liability or responsibility for that Account or any legal obligation toward Participant after the company ceases to be a Subsidiary. That company shall designate a governing committee and plan Plan Administrator, as appropriate, to
              assume liability and responsibility for administration of the Account as of the date the company ceases to be a Subsidiary.
	 
	5.8	 	Section 409A Compliance. It is intended that the Plan comply with the requirements of Code Section 409A, and the Plan shall be so administered and interpreted.
	 
	5.9	 	Interpretation. All statutory or regulatory references in this Plan shall include successor provisions.
	 
	5.10	 	Claims Procedure.

    

    
      	(a)	 	Filing a Claim for Benefits. This paragraph 5.10(a) shall apply to any claim for a benefit under the Plan. A Participant or Beneficiary or an authorized representative of a Participant or Beneficiary (“Claimant”) shall notify the
              Plan Administrator or its delegate of a claim for benefits under the Plan. Such request may be in any form adequate to give reasonable notice to the Plan Administrator or its delegate and shall set forth the basis of such claim and shall
              authorize the Plan Administrator or its delegate to conduct such examinations as may be necessary to determine the validity of the claim and to take such steps as may be necessary to facilitate the payment of any benefits to which the
              Claimant may be entitled under the Plan. The Plan Administrator shall make all determinations as to the right of any person to a benefit under the Plan.
	 
	 	 	If the Plan Administrator requires more than 90 days to process a claim because of special circumstances, an extension may be obtained by notifying the Claimant within 90 days of the date the claim was submitted that a decision on the claim
              will be delayed, what circumstances have caused the delay, and when a decision can be expected. The extension period shall not exceed an additional 90 days; provided, however, that in the event the Claimant fails to submit information
              necessary to decide a claim, such period shall be tolled from the date on which the extension notice is sent to the Claimant until the date on which the Claimant responds to the request for additional information.

    

      

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      	(b)	 	Denial of Claim. If the Plan Administrator denies in whole or in part any claim for benefits under the Plan by any Claimant, the Plan Administrator shall, within a reasonable period, furnish the Claimant with written or electronic
              notice of the denial. The notice of the denial shall set forth, in a manner calculated to be understood by the Claimant:

    

    
      	 	(1)	 	The specific reason or reasons for the denial;

    

    
      	 	(2)	 	Specific reference to the pertinent Plan provisions on which the denial is based;

    

    
      	 	(3)	 	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

    

    
      	 	(4)	 	A description of the Plan’s review procedures and the time limits applicable to such procedures, including a statement of the Claimant’s right to bring a civil action under ERISA Section 502(a) following an adverse benefit determination on
              review.

    

    
      	(c)	 	Appeals Procedure. This paragraph 5.10(c) shall apply to all appeals of denied claims under the Plan. A Claimant may request a review of a denied claim. Such request shall be made in writing and shall be presented to the Plan
              Administrator not more than 60 days after receipt by the Claimant of written or electronic notice of the denial of the claim. The Claimant shall be provided, 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. The Claimant shall also have the opportunity to submit comments, documents, records, and other information relating to the claim for benefits, and the Plan
              Administrator shall take into account all such information submitted without regard to whether such information was submitted or considered in the initial benefit determination. The Plan Administrator shall make its decision on review not
              later than 60 days after receipt of the Claimant’s request for review, unless special circumstances require an extension of time, in which case a decision shall be rendered as soon as possible, but not later than 120 days after receipt of the
              request for review; provided, however, in the event the Claimant fails to submit information necessary to make a benefit determination on review, such period shall be tolled from the date on which the extension notice is sent to the Claimant
              until the date on which the Claimant responds to the request for additional information. The decision on review shall be written or electronic and, in the case of an adverse determination, shall include specific reasons for the decision, in a
              manner calculated to be understood by the Claimant, and specific references to the pertinent Plan provisions on which the decision is based. The decision on review shall also include (i) a statement that the Claimant is entitled to receive,
              upon request and free of charge, reasonable access to, and copies of, all documents, records, or other information relevant to the Claimant’s claim for benefits; and (ii) a statement describing any voluntary appeal procedures offered by the
              Plan, and a statement of the Claimant’s right to bring an action under ERISA Section 502(a).

    

    
      	(d)	 	The Plan’s claims procedure shall be administered in accordance with the applicable regulations of the U.S. Department of Labor.

    

    
      	(e)	 	A Claimant shall have no right to bring any action in any court regarding a claim for benefits under the Plan prior to the Claimant filing a claim for benefits and exhausting the Claimant’s rights to review under this Section 5.10 in
              accordance with the time frames set forth herein.

    

    5.11 Controlling Law. This Plan shall be construed and enforced according to the laws of the Commonwealth of Pennsylvania, without regard to Pennsylvania conflict of laws rules, to the
      extent not preempted by federal law, which shall otherwise control. 

      

    9Exhibit 10.2

   EXHIBIT 4.8  DEFERRED COMPENSATION PLAN OF 2005
    FOR DIRECTORS OF CIGNA CORPORATION

   

  (Amended and Restated Effective April 28, 2010) 

  Due to requirements imposed by Internal Revenue Code Section 409A, CIGNA froze
    the Deferred Compensation Plan for Directors of CIGNA Corporation (Amended and Restated as of January 1, 1997) as of December 31, 2004 and adopted this new plan — the Deferred Compensation Plan of 2005 for Directors of CIGNA Corporation, effective as
    of January 1, 2005. The frozen Deferred Compensation Plan for Directors continues to apply to amounts that were deferred on or before December 31, 2004 and earnings thereon. This plan applies to amounts that are deferred after December 31, 2004 and
    earnings thereon. Due to the adoption of the CIGNA Corporation Directors Equity Plan, this plan is being amended and restated effective April 28, 2010 in order to address deferrals of CIGNA Common Stock. 

  Article I. Definitions 

  The following are defined terms wherever they appear in the Plan. 

   1.1 

   “Administrator” shall mean the person, or committee, appointed by the Chief
    Executive Officer of CIGNA Corporation, and charged with responsibility for administration of the Plan. 

   1.2 

   “Affiliate” shall have the meaning set forth in Rule 12b-2 promulgated under the
    Exchange Act. 

   1.3 

   “Annual Credit Amount” shall mean an amount set from time to time by resolution of
    the Board of Directors. 

   1.4 

   “Beneficial Owner” and “Beneficially Owned” shall have the meaning set forth
    in Rule 13d-3 promulgated under the Exchange Act. 

   1.5 

   “Board of Directors” or “Board” shall mean the Board of Directors of CIGNA
    Corporation. 

   1.6 

   “Change of Control” shall mean any of these events: 

   (a) 

   A corporation, person or group acting in concert, as described in Exchange Act
    Section 14(d)(2), holds or acquires beneficial ownership within the meaning of Rule 13d3 promulgated under the Exchange Act of a number of preferred or common shares of CIGNA Corporation having 25% or more of the combined voting power of CIGNA
    Corporation’s then outstanding securities; or, 

   (b) 

   There is consummated a merger or consolidation of CIGNA Corporation or any direct or
    indirect subsidiary of CIGNA Corporation with any other corporation, other than: 

   (1) 

   A merger or consolidation immediately following which the individuals who constituted the
    Board of Directors immediately prior thereto constitute at least a majority of the board of directors of the entity surviving such merger or consolidation or the ultimate parent thereof, or 

   (2) 

   A merger or consolidation effected to implement a recapitalization of CIGNA Corporation (or
    similar transaction) in which no Person is or becomes the Beneficial Owner, directly or indirectly, of securities of CIGNA Corporation (not including in the securities Beneficially Owned by such Person any securities acquired directly from CIGNA
    Corporation or its Affiliates) representing 25% or more of the combined voting power of CIGNA Corporation’s then outstanding securities; or, 

   (c) 

   A change occurs in the composition of the Board of Directors at any time during any
    consecutive 24month period such that the Continuity Directors cease for any reason to constitute a majority of the Board of Directors. For purposes of the preceding sentence “Continuity Directors” shall mean those members of the Board of Directors who
    either: (1) were directors at the beginning of such consecutive 24month period; or (2) were elected by, or on nomination or recommendation of, at least a majority of the Board of Directors (other than a director whose initial assumption of office is in
    connection with an actual or threatened election contest, including but not limited to a consent solicitation, relating to the election of directors of CIGNA Corporation); or 

   (d) 

   The shareholders of CIGNA Corporation approve a plan of complete liquidation or dissolution
    of CIGNA Corporation or there is consummated an agreement for the sale or disposition by CIGNA Corporation of all or substantially all of CIGNA Corporation’s assets, other than a sale or disposition by CIGNA Corporation of all or substantially all of
    CIGNA Corporation’s assets immediately following which the individuals who constituted the Board of Directors immediately prior thereto constitute at least a majority of the board of directors of the entity to which such assets are sold or disposed or
    any parent thereof. 

  Notwithstanding the foregoing, a “Change of Control” shall not be deemed to have
    occurred by virtue of the consummation of any transaction or series of integrated transactions immediately following which the record holders of the common stock of CIGNA Corporation immediately prior to such transaction or series of transactions
    continue to have substantially the same proportionate ownership in an entity which owns all or substantially all of the assets of CIGNA Corporation immediately following such transaction or series of transactions. 

   1.7 

   “CIGNA Common Stock” or “Common Stock” or “Stock” shall mean the
    common stock of CIGNA Corporation, par value of $0.25 per share. 

   1.8 

   “Code” shall mean the Internal Revenue Code of 1986, as amended. 

   

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   1.9 

   “Committee” shall mean the Corporate Governance Committee of the Board of Directors
    of CIGNA Corporation, or the successor to such committee. 

   1.10 

   “Deferral Election” shall mean the form described in Section 2.3 by which a
    Participant specifies amounts and items of compensation to be deferred into the Participant’s Deferred Compensation Account. 

   1.11 

   “Deferred Cash” shall mean compensation deferred under the plan that would otherwise
    have been paid to a Participant as cash. 

   1.12 

   “Deferred Common Stock” shall mean compensation deferred under the Plan that would
    otherwise have been paid to a Participant in shares of CIGNA Common Stock. 

   1.13 

   “Deferred Compensation Account” shall mean the separate account established under
    the Plan for each Participant, as described in Section 3.1. 

   1.14 

   “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. 

   1.15 

   “Mandatory Stock Accounts” shall mean (a) the portion of a Participant’s Deferred
    Compensation Account that, for amounts deferred in 2005, was required to be treated as invested in hypothetical Common Stock, and (b) a Participant’s Restricted Deferred Compensation Account. 

   1.16 

   “Participant” shall mean each individual who as a non-employee director of CIGNA
    Corporation participates in the Plan in accordance with the terms and conditions of the Plan. 

   1.17 

   “Payment Election” shall mean the form described in Section 4.2 by which a
    Participant specifies the method of payment of compensation deferred under the Plan. 

   1.18 

   “Person” shall have the meaning given in Section 3(a)(9) of the Exchange Act, as
    modified and used in Sections 13(d) and 14(d) thereof, except that such term shall not include (a) CIGNA Corporation or any of its subsidiaries, (b) a trustee or other fiduciary holding securities under an employee benefit plan of CIGNA Corporation or
    any of its Affiliates, (c) an underwriter temporarily holding securities pursuant to an offering of such securities, or (d) a corporation owned, directly or indirectly, by the stockholders of CIGNA Corporation in substantially the same proportions as
    their ownership of stock of CIGNA Corporation. 

   1.19 

   “Plan” shall mean the Deferred Compensation Plan of 2005 for Directors of CIGNA
    Corporation, as it may be amended or restated from time to time by the Board of Directors. 

   1.20 

   “Restricted Deferred Compensation Account” shall mean the separate account
    established under the Plan for a Participant pursuant to Section 5.1. 

   1.21 

   “Separation from Service” shall mean a Participant’s separation from service, within
    the meaning of Treasury Regulation Section 1.409A-1(h). Generally, a Participant shall have a Separation from Service when that Participant ceases to serve as a member of the Board or to otherwise provide services to CIGNA Corporation or its
    affiliates. 

   1.22 

   “Stock Plan” means the CIGNA Corporation Directors Equity Plan or such successor
    plan or program that provides for payment of compensation to non-employee Directors of CIGNA Corporation in the form of shared of CIGNA Common Stock. 

   1.23 

   “Valuation Date” shall mean the last day of each month. 

   

   2

  

   

  Article II. Participation 

  2.1 Eligibility to Participate in the Plan 

  The individuals who are eligible to participate in the Plan are those persons who
    serve as non-employee directors of CIGNA Corporation. 

  2.2 Participation in the Plan 

  An eligible director becomes a Participant by making a Deferral Election
    described in Section 2.3. 

  2.3 Deferral Election 

   (a) 

   A Deferral Election specifies the amounts and items of compensation a Participant elects to
    defer under the Plan for a particular calendar year. The Administrator shall determine which items or categories of compensation may be deferred under the Plan. The Deferral Election must be timely (as described in Section 2.3(b)) and in a form
    permitted or required by the Administrator. The Administrator may permit or require electronic forms. The Administrator shall determine whether a Deferral Election form is sufficiently complete and timely and may reject any form that is incomplete
    and/or untimely. 

   (b) 

   To be timely, a Deferral Election must be received by the Administrator no later than: 

   (1) 

   December 31 of the year before the year in which the Participant performs services in
    exchange for the compensation to be deferred; or 

   (2) 

   For a newly-elected director, the day before the date upon which active service as a
    director of CIGNA Corporation begins. 

  However, the Administrator may establish different deadlines to the extent permitted by Code
    Section 409A and the regulations thereunder. 

   (c) 

   A Participant who makes a Deferral Election must also make a Payment Election (described in
    Section 4.3) applicable to such Deferral Election. The Payment Election must be received by the Administrator by the applicable Deferral Election deadline stated in Section 2.3(b). The Administrator shall determine when a Deferral Election and Payment
    Election become irrevocable, but in no event shall a Deferral Election or a Payment Election become irrevocable later than the applicable deadline set forth in Section 2.3(b). 

   (d) 

   The Administrator may require Participants to make a new Deferral Election for each new
    calendar year. 

   (e) 

   Deferral Elections under this Plan shall apply only to compensation payable on or after
    January 1, 2005 and only to the extent such compensation is: 

   (1) 

   For services performed by the Participant for CIGNA Corporation on or after January 1, 2005;
    or 

   (2) 

   For services for which a Deferral Election may otherwise be made under transition rules
    promulgated pursuant to Code Section 409A. 

  2.4 Cancellation of Deferral Elections 

  The Administrator may cancel the Deferral Election of a Participant who incurs a
    disability. Any cancellation under this Section 2.4 must occur by the later of the end of the calendar year in which the Participant incurs the disability or the 15th day
    of the third month after the date the Participant incurs the disability. For purposes of this Section 2.4, “disability” shall have the meaning set forth in Treasury Regulation Section 1.409A-3(j)(4)(xii). 

   

   3

  

   

  Article III. Compensation deferred 

  3.1 Deferred Compensation Account 

  A Deferred Compensation Account shall be established for each director when the
    director becomes a Participant. Unless the Administrator establishes rules and procedures that provide otherwise, compensation deferred under the Plan (other than compensation deferred under Article V) shall be credited to the Deferred Compensation
    Account as of the date such compensation would have otherwise been paid to the Participant. Hypothetical income on deferred compensation shall be credited to the Deferred Compensation Account as provided in Section 3.3 below. 

  3.2 Balance of Deferred Compensation Account 

  The balance of each Participant’s Deferred Compensation Account shall include
    compensation deferred under this Plan, plus amounts credited to the Participant’s Deferred Compensation Account pursuant to Section 5.3, plus income, hypothetical dividends and gains credited with respect to hypothetical investments. Losses from
    hypothetical investments shall reduce the Participant’s Deferred Compensation Account balance. The balance of each Participant’s Deferred Compensation Account shall be determined as of each Valuation Date. 

  3.3 Hypothetical Investment of Deferred Cash 

   (a) 

   General. Compensation deferred under the Plan which would have been paid in cash
    shall be assumed to be invested, without charge, in one or more hypothetical investment vehicles as are specified from time to time by the Committee. With respect to such hypothetical investment: 

   (1) 

   Cash compensation deferred shall be deemed to earn income under the hypothetical investment
    vehicle. The Administrator shall credit such income to the Participant’s Deferred Compensation Account, pursuant to Section 3.5 below. 

   (2) 

   The Committee, in its sole discretion, may provide Plan Participants with options for one or
    more additional hypothetical investment vehicles for investment of cash compensation deferred under the Plan, with respect to which: 

   (A) 

   A Participant may modify an election of hypothetical investment and may make any transfers
    between and among hypothetical investments, through a written request to the Administrator; provided that; 

   (B) 

   Only one such modification or transfer shall be allowed during any calendar quarter; 

   (C) 

   Any such modification or transfer shall be effective in the second calendar month following
    receipt of the request by the Administrator; and 

   (D) 

   Such modifications and transfers will be in accordance with rules and procedures adopted by
    the Administrator. 

   (b) 

   Mandatory Stock Accounts. 

   (1) 

   Compensation deferred under the Plan into a Participant’s Mandatory Stock Accounts shall be
    deemed to be invested, hypothetically and without charge, in whole shares of hypothetical Common Stock which shall be subject to adjustment in order to reflect Common Stock dividends, splits, and reclassification. Except in the event of a Change of
    Control, amounts in the Participant’s Mandatory Stock Accounts must remain invested in hypothetical Common Stock and no other investment vehicle available hereunder may be substituted therefor until the January following the Participant’s Separation
    from Service. Thereafter, intra-Plan transfers may be made only in accordance with Section 3.3(a) above; provided that all such intra-Plan transfers occurring within six months after the Participant’s Separation from Service shall be subject to
    approval by the Administrator to ensure compliance with Section 16 of the Exchange Act. 

   (2) 

   Amounts equal to cash dividends which would have been paid on shares of Common Stock shall
    be deemed paid on whole shares of hypothetical Common Stock in the Participant’s Mandatory Stock Accounts. Such amounts shall be credited to the Participant’s Deferred Compensation Account and shall be hypothetically invested in accordance with
    Section 3.3(a) unless the Participant elects to have such amounts invested in one or more of the other hypothetical investment vehicles specified from time to time by the Committee. 

   (c) 

   In the event of a Change of Control, the Committee shall provide Participants with the
    option for investment in at least one hypothetical investment vehicle, the annual income earned on which must be not less than 50 basis points over the Ten-Year Constant Treasury Maturity Yield as reported by the Federal Reserve Board, based upon the
    November averages for the preceding year. 

  3.4 Deferred Common Stock 

  Deferred Common Stock shall be credited to a Participant’s Deferred Compensation
    Account as a number of shares of hypothetical Common Stock. The number shall initially be the same number of shares that would have been issued to the Participant but for the deferral. After the initial credit, the number shall be adjusted as
    appropriate to reflect stock dividends, splits and reclassifications in accordance with the terms of the Stock Plan. Deferred Common Stock may not be deemed invested in any other hypothetical investment vehicle. An amount equal to the dividends which
    would otherwise be paid on shares of Deferred Common Stock shall be credited to the Participant’s Deferred Compensation Account as Deferred Cash as of the applicable dividend payment date, and deemed invested in accordance with Section 3.3(a), unless
    the Participant elects to have such amounts invested in one or more of the other hypothetical investment vehicles specified from time to time by the Committee. 

   

   4

  

   

  3.5 Time of Hypothetical Investment 

  Hypothetical investment results on a Participant’s Deferred Compensation Account
    shall be credited in accordance with rules and procedures adopted by the Administrator. 

  3.6 Statement of Account 

  The Administrator shall provide each Participant a statement of the Participant’s
    Deferred Compensation Account at least annually. 

  Article IV. Payment of Deferred Compensation 

  4.1 Payment of Deferred Compensation 

   (a) 

   The Administrator shall pay amounts from the Participant’s Deferred Compensation Account,
    according to the Participant’s applicable Payment Election or under other applicable provisions of this Article IV. 

   (b) 

   Deferred Common Stock shall be paid only in shares of CIGNA Corporation Common Stock issued
    under the Stock Plan. Deferred cash deferred into the Deferred Compensation Account and earnings thereon shall be paid to the Participant in cash pursuant to Section 4.1(a). 

  4.2 Payment Methods and Timing 

   (a) 

   (1) Subject to the conditions in Section 4.2(b) through (e), the Administrator shall have
    the authority to determine the payment methods and timing permitted under the Plan; any such payment methods and timing shall comply with the requirements of Code Section 409A. 

  (2) Payment events under the Plan may include a Participant’s Separation from Service, a
    Participant’s Unforeseeable Emergency (as described in Section 4.4), the Participant’s death (as described in Section 4.5), or other payment events specified by the Administrator, to the extent permitted by Code Section 409A. A payment upon a
    Participant’s Unforeseeable Emergency or death shall supersede any elected Separation from Service payment for the amount distributed by reason of Unforeseeable Emergency or death. 

  (3) Payment methods under the Plan may include lump sum and periodic payments. 

   (b) 

   If a method of payment provides for periodic payments, the payments shall be made annually
    each January, over the elected period not to exceed 15 (fifteen) years. The balance of a Participant’s Deferred Compensation Account and Restricted Deferred Compensation Account shall be paid, in all events, no later than January 31st of the fifteenth
    calendar year after the Participant’s Separation from Service. 

   (c) 

   If payments are to commence after Separation from Service, payment shall be made (or begin)
    in January of the year following the year of the Participant’s Separation from Service. 

   (d) 

   If there is not in effect as of Participant’s Separation from Service a valid Payment
    Election for an amount, that amount shall be paid in a single lump sum in January of the year following the year of the Participant’s Separation from Service. 

   (e) 

   Notwithstanding anything to the contrary in this Section 4.2, if, as of the date of a
    Participant’s Separation from Service, the Participant is a specified employee, within the meaning of Treasury Regulation Section 1.409A-1(i), payment shall be made (or begin) on the later of the January of the year following the year of the
    Participant’s Separation from Service or the seventh month after the month of the Participant’s Separation from Service date. 

  4.3 Payment Election 

   (a) 

   Subject to Section 4.2, a Payment Election must specify the payment method that shall apply
    to Participant’s deferred compensation and the time of payment or the time payments are to begin. 

   (b) 

   A Payment Election must be in a form permitted or required by the Administrator. The
    Administrator may permit or require electronic forms. The Administrator shall determine whether a Payment Election form is sufficiently complete and timely and may reject any form that is incomplete and/or untimely. 

   

   5

  

   

  4.4 Unforeseeable Emergency Payment 

   (a) 

   Notwithstanding any other provision of the Plan, if the Committee, after consideration of a
    Participant’s application, determines that the Participant has an unforeseeable emergency, as defined under Treasury Regulation Section 1.409A-3(i)(3), beyond the Participant’s control, and of such a substantial nature that immediate payment of
    Deferred Cash or issuance of Deferred Common Stock is warranted, the Committee in its sole and absolute discretion may direct that all or a portion of the balance of the Participant’s Deferred Compensation Account be paid to the Participant. The amount
    of any such distribution shall be limited to the amount deemed necessary by the Committee to satisfy the emergency need. The payment shall be made in a single lump sum within 90 days following the Committee’s approval of the Participant’s application
    for an unforeseeable emergency payment. 

   (b) 

   The Administrator shall cancel the Deferral Election of a Participant who receives a payment
    for an unforeseeable emergency, as defined under Treasury Regulation Section 1.409A-3(i)(3), under this Plan or a predecessor to this Plan. The cancellation shall be effective as of the date of the unforeseeable emergency payment. To resume deferrals
    of compensation under this Plan, the Participant must execute a new Deferral Election in accordance with the requirements of Section 2.3. 

  4.5 Payments of a Deceased Participant’s Account 

   (a) 

   If a Participant dies before the Administrator has paid the Participant’s entire Deferred
    Compensation Account and Restricted Deferred Compensation Account, the Administrator shall pay the remaining Deferred Compensation Account balance and Restricted Deferred Compensation Account balance in a single lump sum payment to the person(s) or
    trust(s) designated in writing by the Participant as the Participant’s beneficiary(ies) under the Plan. The Administrator is authorized to establish rules and procedures for designations of beneficiaries and shall have the sole discretion to make
    determinations regarding the existence and identity of beneficiaries and the validity of beneficiary designations. 

   (b) 

   Notwithstanding Section 4.5(a), the Administrator shall pay the Deferred Compensation
    Account balance and Restricted Deferred Compensation Account balance in a single lump sum payment to the Participant’s estate if: 

   (1) 

   The Participant dies without having a valid beneficiary designation in effect; 

   (2) 

   The Participant’s designated beneficiary has predeceased the Participant; or 

   (3) 

   The Participant’s designated beneficiary cannot be found after what the Administrator
    determines, in the Administrator’s sole discretion, has been a reasonably diligent search. 

   (c) 

   The Administrator shall make any payments described in Section 4.5(a) and (b) during the
    90 day period immediately following the date of the Participant’s death. 

   

   6

  

   

  Article V. Restricted Deferred Compensation Accounts 

  5.1 Establishment of Restricted Deferred Compensation Accounts 

   (a) 

   A Restricted Deferred Compensation Account was established for each person serving as a
    director of CIGNA Corporation on December 31, 1996 except directors who (1) if they had retired on or before December 31, 1996, would have satisfied the eligibility requirements (“Eligibility Requirements”) under Section 1 of the Retirement and
    Consulting Plan for Directors of CIGNA Corporation (the “Retirement Plan”) and (2) did not waive their rights under the Retirement Plan on or before December 31, 1996. As of January 1, 1997, the present value of the accrued benefits under the
    Retirement Plan of each Participant for whom a Restricted Deferred Compensation Account had been established was credited to that Participant’s Restricted Deferred Compensation Account. The credited amounts are deemed to be invested and remain invested
    thereafter, hypothetically and without charge, in whole shares of hypothetical Common Stock. The number of whole hypothetical Common Shares credited to the Restricted Deferred Compensation Accounts was determined by using the average closing price for
    CIGNA Common Stock as reported on the Composite tape (or successor means of publishing stock prices) for the ten (10) business days prior to January 1, 1997. 

   (b) 

   A Restricted Deferred Compensation Account was established for each person first elected to
    the Board of Directors of CIGNA Corporation after December 31, 1996 and before April 28, 2005. 

  5.2 Annual Credit Amount 

  Beginning in 1997 and in each year thereafter through 2005, on the last business
    day of the month during which CIGNA’s Corporation’s Annual Meeting of Shareholders is held, the Annual Credit Amount will be credited to the Restricted Deferred Compensation Account of each Participant who is then a director of CIGNA Corporation for
    whom such an account has been established pursuant to Section 5.1. That amount shall be assumed to be invested and remain invested thereafter, hypothetically and without charge, in whole shares of hypothetical Common Stock. The number of whole shares
    shall be determined by dividing the Annual Credit Amount by the average closing price for CIGNA Common Stock (as reported on the Composite tape or successor means of publishing stock prices) for the last ten (10) business days of the month during which
    CIGNA Corporation’s Annual Meeting of Shareholders is held. 

  This Plan shall only apply to the Annual Credit Amount credited to Restricted
    Deferred Compensation Accounts in 2005. 

  5.3 Dividends and Adjustments 

  Hypothetical dividends on hypothetical shares described in Section 5.2 shall be
    credited to the Participant’s Deferred Compensation Account and be invested and adjusted as provided in Section 3.3(b)(2). 

  5.4 Time of Payment 

  Payments of the balance in the Restricted Deferred Compensation Account shall: be
    made in cash; be made (or begin) in the January of the year following the year in which the Participant’s Separation from Service occurs; and be made in accordance with the Participant’s applicable Payment Election or, if applicable, Section 4.2(d) of
    this Plan. Notwithstanding the foregoing, if, as of the date of a Participant’s Separation from Service, the Participant is a specified employee, within the meaning of Treasury Regulation Section 1.409A-1(i), payment shall be made (or begin) on the
    later of the January of the year following the year of the Participant’s Separation from Service or the seventh month after the month of the Participant’s Separation from Service date. If a Participant dies before the entire balance in the
    Participant’s Restricted Deferred Compensation Account has been paid to the Participant, the Administrator shall pay such balance pursuant to Section 4.5 of this Plan. 

  5.5 Statement of Restricted Deferred Compensation Account 

  The Administrator shall provide each Participant a statement of the Participant’s
    Restricted Deferred Compensation Account at least annually. The balance in the Participant’s Restricted Deferred Compensation Account shall be calculated in accordance with Section 3.2 of the Plan. 

   

   7

  

   

  Article VI. General provisions 

  6.1 Committee Membership 

  A Participant who is also a member of the Committee shall take no part in any
    decision pertaining to any action under the plan related to such Participant. 

  6.2 Participant’s Rights Unsecured 

  The right of any Participant (or beneficiary) to receive payments under the
    provisions of the Plan represents an unsecured claim against the general assets of CIGNA Corporation, or against the general assets of any successor company which assumes the liabilities of CIGNA Corporation. 

  6.3 Assignability 

  Except as otherwise permitted by applicable law, no right to receive payments
    hereunder shall be transferable or assignable by a Participant. Any attempted assignment or alienation of payments hereunder shall be void and of no force or effect. 

  6.4 Administration 

  Except as otherwise provided herein, the Plan shall be administered by the
    Administrator who shall have the authority to adopt rules and regulations for carrying out the Plan, and who shall interpret, construe and implement the provisions of the Plan. The Administrator may, by contract, designation or other arrangement,
    provide for others to perform ministerial duties and record keeping. 

  6.5 Amendment 

  The Plan may be amended, restated, modified, or terminated by the Board of
    Directors. No amendment, restatement, modification, or termination shall reduce, impair or adversely affect the dollar value of a Participant’s Deferred Compensation Account balance or Restricted Deferred Compensation Account balance as of the
    Valuation Date immediately preceding such action. 

  6.6 Section 409A Compliance 

  It is intended that the Plan comply with the requirements of Code Section 409A,
    and the Plan shall be so administered and interpreted. Notwithstanding anything in this Plan to the contrary, the 409A transition relief opportunities adopted by Board Resolution dated December 8, 2005 are incorporated by reference into this Plan. 

  6.7 Section 16 Compliance 

  If the Administrator determines that, in order to comply with Section 16 of the
    Exchange Act, it is necessary for the Board rather than the Committee to take any action which the Plan authorizes the Committee to take, the Administrator shall request the Board to do so. 

  6.8 Construction 

  The masculine gender where appearing in the Plan shall be deemed to include the
    feminine gender. The singular shall be deemed to include the plural; and the plural the singular. 

  6.9 Interpretation 

  All statutory or regulatory references in this Plan shall include successor
    provisions. 

  6.10 Controlling Law 

  This Plan shall be construed and enforced according to the laws of the
    Commonwealth of Pennsylvania, without regard to Pennsylvania conflict of laws rules, to the extent not preempted by federal law, which shall otherwise control.

   

  

   

   8

  
    
      

  

   

  Amendment to

  Deferred Compensation Plan of 2005 for Directors of Cigna Corporation, amended and restated effective April 28, 2010

  

  

  The Deferred Compensation Plan of 2005 for Directors of Cigna Corporation, amended and restated effective April 28, 2010 (the “Plan”) is amended effective
      October 17, 2018 as follows:

  

  

  
    
      	

            	1.	
              Section 3.3(c) of the Plan is replaced in its entirety with the following:

            

    

  

  

  

  
    
      	

            	(c)	
              If (1) a Change of Control occurs and (2) the Cigna 401(k) Plan Fixed Income Fund is no longer available as a hypothetical investment option following such Change of Control,
                  then the annual income earned on at least one hypothetical fixed return guaranteed principal investment must be not less than 50 basis points over the Ten-year Constant Treasury Maturity Yield as reported by the Federal Reserve Board,
                  based upon the November averages for the preceding year.

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