Document:

Amendment to Employment Agreement between WABCO Expats Inc and Kevin Tarrant

 Exhibit 10.26 
 AMENDMENT 
 TO 
 LETTER
AGREEMENT 
 THIS AMENDMENT TO LETTER AGREEMENT (the “Amendment”) is made December 31, 2008, by and between WABCO Expats Inc.
(the “Company”) and Kevin Tarrant (the “Executive”). 
 WHEREAS, the Company and the Executive entered into that certain
letter agreement dated June 28, 2007 (the “Letter Agreement”); 
 WHEREAS, the Company and the Executive desire to amend the
Letter Agreement to comply with Section 409A of the Internal Revenue Code as provided herein. 
 NOW, THEREFORE, for good and valuable
consideration, the sufficiency of which is acknowledged, the parties hereto agree as follows: 
  

	1.	The section of the Letter Agreement entitled “International Assignment” shall be amended by adding the following new paragraph at the end of such section: 

“All benefits, reimbursements and other payments made or paid in connection with your assignment shall be done in a manner that complies with the
requirements of Section 409A of the U.S. Internal Revenue Code of 1986, as amended (the ‘Code’). If WSW reimburses you for the amount of any such benefit, such reimbursement will be made not later than the last day of your taxable
year following the year in which the related expense was incurred (subject to your providing any required supporting documentation); provided, however, that the timing for reimbursements of any tax equalization payments shall be as set forth below.
Any reimbursement payments due to you pursuant to this letter shall not be subject to liquidation or exchange for another benefit and the amount of such expenses eligible for reimbursement or such benefits that you receive in one taxable year shall
not affect the expenses eligible for reimbursement or the amount of such benefits that you will receive in any other taxable year. 
 Any amounts
payable to you pursuant to any tax equalization agreement (within the meaning of Treas. Reg. Section 1.409A-1(b)(8)(iii)) shall be made to you not later than the last day of your second taxable year following the year in which your U.S. Federal
income tax return is required to be filed (including any extensions) for the year to which the compensation subject to the tax equalization payment relates, or, if later, your second taxable year following the latest such taxable year in which your
foreign tax return or payment is required to be filed or made for the year to which the compensation subject to the tax equalization payment relates.” 
  

	2.	All other terms of the Letter Agreement shall remain in full force and effect. 

 This instrument, together with the Letter Agreement, contains the entire agreement of the parties with respect to the subject matter hereof. 
 IN WITNESS WHEREOF, the Executive and the Company have caused this Amendment to be executed as of the day and year first written above. 
  

			
	 By:
	 	 /s/ Arielle van der Perren

	WABCO EXPATS INC
	
	 /s/ Kevin Tarrant
 Kevin TarrantExhibit 10.20

 Exhibit 10.20 
 MEADWESTVACO CORPORATION COMPENSATION PLAN 
 FOR NON-EMPLOYEE DIRECTORS 
 Amended and Restated 
 Effective
January 1, 2009 (except as otherwise provided) 
 Article I 
 Purpose and General Provisions 
 Section 1.1 Purpose of Plan; Shareholder Approval;
Shares Available. 
 (a) The purpose of the Plan is to provide members of the Board of Directors of MeadWestvaco Corporation (the
“Company”) who are not employed by the Company with an opportunity to defer cash compensation and provide long-term supplemental compensation in the form of Stock Units and Options with respect to Common Stock. 
 (b) As approved by the Company’s shareholders, and subject to adjustment as provided in Section 7.2 of the Plan, the total number of shares that
may be subject to Stock Units and Options is 500,000 shares of the Common Stock. The source of shares for the Plan may be treasury shares or newly issued shares, at the discretion of the Board. Any share which is subject to an Option which for any
reason expires or is terminated unexercised may again be subject to an Option or a Stock Unit under the Plan. Shares of Common Stock available for the grant of Options and Stock Units under the Plan shall not be diminished by any grants of any kind
under any plan created or maintained by any company acquired by the Company or with which the Company is merged or combined. 
 (c) The Plan
became effective January 30, 2002, subject to approval by the Company’s shareholders of Articles IV and VI of the Plan (providing for Stock Units and Options, respectively), which occurred on April 23, 2004. The Plan is amended and
restated, effective January 1, 2009, to comply with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), described below. 
 Section 1.2 Section 409A Compliance. 
 (a) Effective January 1, 2005, certain benefits
under the Plan are subject to Section 409A of the Code; with respect to such benefits, the Plan shall comply with the requirements of, and shall be operated, administered, and interpreted in accordance with, Section 409A of the Code.

 (b) For the period from January 1, 2005 through December 31, 2008, the Company and the Administration Committee had sole
discretion to override the terms set forth in the plan document for the Plan to the extent that either the Company or the Administration Committee determined to be necessary to comply with a good-faith, reasonable interpretation of the requirements
of Section 409A of the Code. 
 (c) If the Company or Administration Committee determines that any provision of the Plan is or might be
inconsistent with the restrictions imposed by Section 409A of the Code, such provision shall be deemed to be amended to the extent that the 

 
Company or Administration Committee determines is necessary to bring it into compliance with Section 409A of the Code. Any such deemed amendment shall
be effective as of the earliest date such amendment is necessary under Section 409A of the Code. 
 (d) No provision in the Plan shall be
interpreted or construed to (1) create any liability for the Company or any of its employees, officers, directors, or other service providers, related to a failure to comply with Section 409A of the Code, or (2) transfer any liability
for a failure to comply with Section 409A of the Code from a Participant or other individual to the Company or any of their employees, officers, directors, or other service providers. 
 Section 1.3 Definitions. The following terms shall have the meanings set forth below for purposes of the Plan. 
 Account: a Deferral Account or a Stock Unit Account. 
 Administration Committee: a committee of management employees designated by the Chief Executive Officer of the Company from time to time to serve as the body charged with serving as such under the Plan.

 Annual Meeting Date: any date on which an annual meeting of the Company’s stockholders occurs. 
 Average Fair Market Value: the average of the Fair Market Values of a share of Common Stock of the Company during the period of 10 trading days
ending on the designated date. 
 Beneficiary: in the case of any Participant who dies, the person or persons named on the most recent
Beneficiary Election Form filed and not revoked by the Participant, in each case, in accordance with procedures established by the Administration Committee or, if no such procedures have been established or the Participant has not properly filed any
Beneficiary Election Form, the Participant’s estate. 
 Board: the Board of Directors of the Company. 
 Code: the Internal Revenue Code of 1986, as amended. 
 Common Stock: shares of Common Stock of the Company, subject to adjustments made under Section 7.2 of the Plan or by operation of law. 
 Company: MeadWestvaco Corporation, a Delaware corporation. 
 Compensation Committee: the Compensation Committee of the Board or any subcommittee thereof, or any other committee or subcommittee of the Board, as determined by the Board from time to time; provided,
that such committee or subcommittee shall consist solely of two or more members of the Board who are “Non-Employee Directors” within the meaning of Rule 16b-3 promulgated under the Exchange Act. 
  

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 Deferral Account: a bookkeeping account for a Participant representing the Eligible Compensation
that the Participant has elected to defer under Article II of the Plan, as adjusted to reflect earnings, losses, contributions and distributions in accordance with Article III and Article V of the Plan. 
 Deferral Election: an election by an Eligible Director to defer Eligible Compensation pursuant to Article II of the Plan. 
 Deferred Compensation: an amount of Eligible Compensation that an Eligible Director elects to defer under Article II of the Plan in accordance with
the provision of the Plan. 
 Distribution Election: an election by a Participant of the time(s) and manner in which he or she wishes
to receive distributions from his or her Deferral Account. 
 Dividend Equivalent: the amount of any cash dividend or other cash
distribution paid by the Company, or the Fair Market Value of any dividend or other distribution in the form of property other than Common Stock distributed by the Company, on a number of shares of Common Stock equal to the number of Stock Units
credited, as of the applicable record date, to an Eligible Director’s Stock Unit Account. 
 Effective Date: with respect to the
exercise of any Option, the last business day preceding (1) in the case of delivery of a completed exercise form, the date received by the person designated by the Administration Committee to receive such forms, or (2) in the case of
mailed forms, the postmark date for such mailing. 
 Election Form: a form effecting a Beneficiary Election (a “Beneficiary
Election Form”), a form effecting a Deferral Election (a “Deferral Election Form”), a form effecting a Distribution Election (a “New Distribution Election Form” or a “Change of Distribution Election Form”), or a
form effecting an Investment Election (an “Investment Election Form”), or a single form combining one or more of such elections. 
 Eligible Compensation: with respect to any Eligible Director, 100% of the Eligible Director’s total cash compensation from the Company for service on the Board and/or on any committee of the Board. 
 Eligible Director: any member of the Board who is not employed by the Company or any of its subsidiaries or affiliates. 
 Exchange Act: the Securities Exchange Act of 1934. 
 Fair Market Value: with respect to the Common Stock, the mean of the high and low prices at which the Common Stock is traded on the New York Stock Exchange during normal business hours on the designated date;
with respect to any other security that is traded on any national securities exchange, or on NASDAQ, the mean of the high and low prices at which Company’s common stock is thus traded during normal business hours on the designated date; and
with respect to any other property, the fair market value thereof as reasonably and prudently determined by the Compensation Committee. 
 Finance Committee: a committee of management employees designated by the Chief Executive Officer of the Company from time to time to serve as the body charged with serving as such under the Plan. 
  

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 Investment Election: an election by an Eligible Director to have Deferred Compensation invested in
an Investment Fund as defined in Section 3.3(a) of the Plan. 
 Option: an option to acquire Common Stock granted pursuant to
Article VI of the Plan. 
 Optionee: the Eligible Director to whom any Option is granted and any other person who may be entitled to
exercise such Option pursuant to the Plan. 
 Participant: an Eligible Director who has elected to defer Eligible Compensation under
the Plan or to whose Stock Unit Account Stock Units have been credited and who has a positive balance in his or her Account(s). 
 Plan:
the MeadWestvaco Corporation Compensation Plan for Non-Employee Directors, as set forth herein and amended from time to time. 
 Plan
Year: generally, the calendar year; provided, that the first Plan Year was the period from January 30, 2002 through December 31, 2002. 
 Stock Unit: a unit credited to a Participant’s Stock Unit Account representing one hypothetical share of Common Stock. Fractional Stock Units shall be permitted. 
 Stock Unit Account: a bookkeeping account for a Participant representing the Stock Units that have been credited to the Participant under Article
IV of the Plan. 
 Stock Unit Value: as defined in Section 4.1 of the Plan. 
 Termination Distribution: a distribution from a Participant’s Account following the Participant’s Termination of Board Membership.

 Termination of Board Membership: with respect to any Participant, the date of the Participant’s separation from service (within
the meaning of Section 409A(a)(2)(A)(i) of the Code), as determined by the Company in accordance with Treas. Reg. § 1.409A-1(h)(1). 
 Section 1.4 Administration. Except as specifically provided in the Plan, the Administration Committee shall be responsible for administering the Plan in all respects, including establishing rules and regulations for the
operation of the Plan, preparing, distributing, collecting and administering Election Forms, and interpreting the Plan and all associated documentation (including without limitation Election Forms). The Administration Committee may delegate any or
all of their respective responsibilities to one or more of their members or to appropriate employees of the Company. Notwithstanding the foregoing, to the extent necessary to ensure the exemption of transactions pursuant to the Plan from
Section 16 of the Exchange Act, the Board or the Compensation Committee shall be responsible for such administration. 
 Section 1.5 Unfunded
Plan. The Plan is intended to be an unfunded plan providing current and deferred compensation. Participants are and shall at all times be general creditors of the Company with respect to their Account balances. If the Finance Committee or the
Company chooses to set aside funds in a trust or otherwise for the payment of Account balances under the Plan, such funds shall at all times be subject to the claims of the creditors of the Company in the event of its bankruptcy or insolvency.

  

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 Section 1.6 Non-Transferability. None of the rights of Participants under the Plan or with respect to their
Accounts or Options shall be transferable, except as specifically provided in Section 5.3 and Section 6.6 of the Plan. 
 Article
II 
 Deferral Elections 
 Section 2.1 Eligible Compensation. All Eligible Directors shall be provided with the opportunity to elect to defer all or a portion of their Eligible Compensation (but not Stock Units, Options, or other compensation). The
Administration Committee may establish such minimum deferral amounts, specified percentages of Eligible Compensation that may be deferred, and similar requirements and limitations, as it may determine to be appropriate for convenience of
administration of the Plan. 
 Section 2.2 Deferral Election Forms. Deferral Election Forms shall be in such form, and shall be filed and revoked
in such manner as the Administration Committee shall from time to time determine. 
 Section 2.3 Time for Filing Deferral Election Forms.

 (a) First Year of Eligibility. An individual who first becomes an Eligible Director during any Plan Year (as determined in
accordance with this Section 2.3(a)) may file a Deferral Election Form within 30 days after first becoming an Eligible Director; provided, that such Deferral Election shall apply only to Eligible Compensation for services performed after
the Deferral Election is filed. 
 For purposes of the Plan an individual shall be treated as first becoming an Eligible Director if (and only
if) he has not been eligible to defer compensation under the Plan or another any other nonqualified “account balance plan” described in Treas. Reg. § 1.409A-1(c)(2)(i)(A) or (B) that is maintained by the Company or any
entity that would be required to be combined with MeadWestvaco as a single employer under Section 414(b) or (c) of the Code. 
 (b)
After First Year of Eligibility. Except to the extent permitted by subsection (a), above, any Deferral Election shall be filed by the deadline established by the Administration Committee, which shall be no later than December 31st of the
Plan Year before the Plan Year in which the services giving rise to the Eligible Compensation to be deferred will be performed. 
 (c)
Deferral Elections Remain in Effect for Subsequent Plan Years. Once filed, a Deferral Election shall be irrevocable for the remainder of the Plan Year with respect to which it applies, and shall remain in effect until the Plan Year after the
Plan Year (if any) during which the Participant files a new Deferral Election or revokes such Deferral Election. 
 Article III

 Deferral Accounts and Investments 
 Section 3.1 Establishment and Maintenance of Deferral Account. The Administration Committee shall cause the Company to establish and maintain a Deferral Account for each Participant who elects to defer Eligible Compensation
pursuant to Article II of the 

  

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Plan. A Participant’s Deferral Account shall be credited and debited from time to time as provided in Section 3.2, below, adjusted for investment
experience from time to time as provided in Section 3.3, below, and debited for amounts distributed in accordance with Article V. 
 Section 3.2
Contributions to Deferral Accounts. A Participant’s Deferral Account shall be credited from time to time with his or her Deferred Compensation, as of the day on which such Deferred Compensation would otherwise be paid to him or her. Such
amounts shall be vested at all times. 
 Section 3.3 Earnings and Losses on Deferral Accounts. 
 (a) Investment Elections. The Finance Committee shall from time to time establish one or more hypothetical investment funds (each, an
“Investment Fund”) based upon such criteria as it may from time to time determine. The Administration Committee shall establish procedures to permit Participants to make Investment Elections from time to time indicating in which of the
available Investment Funds their Deferral Accounts shall be deemed invested. Unless and until the Finance Committee provides otherwise, all Deferral Accounts shall be deemed invested in the CitiStreet Money Market Fund. 
 (b) Adjustment of Accounts. The Administration Committee shall cause Participants’ Deferral Accounts to be adjusted upwards or downwards, at
such intervals as it may from time to time determine, to reflect the net investment return (whether positive or negative) of the particular Investment Fund(s) elected; provided, that no Deferral Account may at any time have a balance less
than zero. 
 Section 3.4 Reports. The Administration Committee shall provide, or cause to be provided, to each Participant at regular intervals,
but at least annually, a statement of his or her Deferral Account balance and the activity therein since the date of the last such statement. 
 Article IV 
 Stock Unit Accounts 
 Section 4.1 Credits of Stock Units. On each Annual Meeting Date, the Stock Unit Account of each person who is an Eligible Director at the adjournment of the stockholders’ meeting occurring on that Annual Meeting Date shall
be credited with a number of Units (including fractions thereof) determined by dividing the Stock Unit Value by the Average Fair Market Value of the Common Stock on such Annual Meeting Date. The “Stock Unit Value” shall mean $80,000 (as of
January 2007) or such other amount as the Board may hereafter establish by resolution. 
 Section 4.2 Dividend Equivalents. Each Stock Unit
Account shall be credited with additional Stock Units (including fractions thereof) on each payment date for any dividend or distribution made with respect to the Common Stock with a record date that occurs while there is a positive balance in such
Stock Unit Account. The number of Stock Units so credited shall equal the amount of the applicable Dividend Equivalent, divided by the Fair Market Value of a share of Common Stock as of the applicable payment date for the dividend or distribution in
question. 
 Section 4.3 Vesting of Share Units. The rights of each Eligible Director in respect of Stock Units credited to his or her Stock Unit
Account shall be vested at all times. 
  

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 Article V 
 Distributions 
 Section 5.1 Termination of Board Membership. The balance of each Participant’s
Account(s) shall be paid within 90 days after the end of the calendar quarter in which the Participant’s Termination of Board Membership occurs (unless a later date is required by Section 5.5 of the Plan), in a single distribution;
provided, that a Participant may elect a different time and/or form of payment of all or part of his Deferral Account (but not his Stock Unit Account) in accordance with Section 5.2, below. 
 Section 5.2 Distribution Election Form. The Administration Committee may from time to time, in its discretion, establish rules and procedures for
participants to file a Distribution Election Form, on which they may make elections to receive distributions of their Deferral Accounts in installments rather than a lump sum and at a time or times other than as provided in Section 5.1, above.
Such procedures may include rules for designating a Beneficiary, and such other rules, limitations and conditions as the Administration Committee may determine to be appropriate; provided, that such procedures shall comply with the following
requirements: 
 (a) New Distribution Election Form. Except to the extent that a change is permitted by subsection (b) or (c),
below, a New Distribution Election Form with respect to any Eligible Compensation (as adjusted for investment return in accordance with Section 3.3 of the Plan) shall be filed no later than the deadline required by Section 2.3 of the Plan
for filing the Deferral Election with respect to such Eligible Compensation. Once filed, a Distribution Election shall remain in effect until the Participant files a New Distribution Election Form for future deferrals. Any New Distribution Election
Form shall be effective with respect to Eligible Compensation (as adjusted for investment return in accordance with Section 3.3 of the Plan) for services performed during the Plan Year after the Plan Year in which the New Distribution Election
Form is filed. 
 (b) Changes to Distribution Elections Before 2009. Before January 1, 2009, the Administration Committee had
discretion to allow a Participant to change the time and form of payment of any portion of his Deferral Account after the deadline required by subsection (a), above, if (and only if) (1) the Participant filed a Change of Distribution Election
Form no later than six months before his Termination of Board Membership, and (2) after December 31, 2005, the change did not result in acceleration of any payment into the tax year in which the change was filed or delay until a later tax
year any payment that was otherwise scheduled to be made in the year in which the change was filed. 
 (c) Changes to Distribution
Elections After 2008. Effective on and after January 1, 2009, a Participant may change the time or form of payment of any portion of his Deferral Account after the deadline required by subsection (a), above, only if: 
  

	 	(1)	He files a Change of Distribution Election Form no later than (A) six months before his Termination of Board Membership, and (B) 12 months before the date on which
distribution of his Deferral Account would commence if not for the change; and 

  

	 	(2)	The date on which distribution of his Deferral Account commences is at least five years after the date on which distribution would have commenced if not for the change.

  

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 Section 5.3 Form of Distributions. All distributions from a Participant’s Deferral Account shall be made
in cash. All distributions from a Participant’s Stock Unit Account shall be made in shares of Common Stock, except that any fractional shares that would otherwise be distributable shall be paid in cash based on the Fair Market Value of the
Common Stock on the most recent practicable date preceding the date of payment. 
 Section 5.4 Death. If a Participant dies before the balance of
his Account(s) is fully distributed, the remaining balance of the Participant’s Account(s) shall be distributed (in the form required by Section 5.3, above) to his Beneficiary within 90 days after the Participant’s death. 

Section 5.5 Special Delayed Payment Rule. If a Participant is a “specified employee” (as determined by the Company in accordance with
Section 409A(a)(2)(B) of the Code and Treas. Reg. § 1.409A-1(i)), any amount that becomes payable as a result of the Participant’s Termination of Board Membership shall be paid on the later of (a) the payment date prescribed
by this Article V, and (b) the first day of the seventh month that begins after the Participant’s Termination of Board Membership. 
 Article VI 
 Stock Options 
 Section 6.1 Grants of Options. On each Annual Meeting Date before January 1, 2004, Options to purchase 1,500 shares of Common Stock shall automatically be granted to each individual who, at the adjournment of the
stockholders’ meeting occurring, is an Eligible Director. All Options shall be evidenced by written agreements and shall be granted on the terms hereafter set forth, together with such other terms, not inconsistent with the terms of the Plan,
as the Board or the Compensation Committee, in its discretion, may from time to time approve. Effective January 1, 2004, the automatic grant of options under this Section is suspended pending further action by the Board. 
 Section 6.2 Option Price. The per-share exercise price for each Option shall be 100% of the Fair Market Value of a share of Common Stock on the date the
Option is granted. 
 Section 6.3 Medium and Time of Payment. Stock purchased pursuant to an Option shall be paid for in full at the time of
purchase in such manner as the Administration Committee or the Compensation Committee shall determine. The medium of payment shall be cash, Common Stock valued at Fair Market Value, or any other property satisfactory to the Company, valued as of the
Effective Date of the exercise; provided, that any such Common Stock shall have been either purchased by the Eligible Director on the open market or held for more than six months. In addition, if the Compensation Committee so provides,
payment may be made through a broker cashless exercise program. Following receipt of payment, the Company shall deliver to the Optionee a certificate or certificates for such shares due upon exercise of an Option. 
 Section 6.4 Period of Exercise of Options. Each Option shall be vested and exercisable from and after the date on which it is granted. Unless the
Compensation Committee provides otherwise in connection with the grant of an Option, the Option shall remain exercisable as follows. Generally, the Option shall expire on the tenth anniversary of the date of grant. However, if the Eligible Director
to whom it is granted has a Termination of Board Membership for any reason, each of his or her then-outstanding Options shall expire on earlier of the fifth anniversary of the date of such Termination of Board Membership or the tenth anniversary of
the date of grant; provided that the exercise period for any Option shall not be extended past the expiration date set forth in the Option agreement. All of the periods within which Options are exercisable are subject always to such further
limitations as may be required to maintain favorable treatment under the securities and tax laws. 
  

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 Section 6.5 Rights as a Stockholder. An Optionee shall have no rights as a stockholder with respect to any
shares issuable or transferable upon exercise thereof until the date of issuance of a stock certificate for such shares. Except as provided in Section 7.2 of the Plan, no adjustment shall be made for dividends or other rights for which the
record date is prior to the date as of which such stock certificate is issued. 
 Section 6.6 Non-Assignability. No Option shall be assignable or
transferable except by will or by the laws of descent and distribution, by operation of law, or, if permitted by law and under uniform standards adopted by the Compensation Committee, to immediate family members of the Optionee, or to trusts whose
beneficiaries are the Optionee or immediate family members. 
 Article VII 
 General 
 Section 7.1 General Restriction. The grant or exercise of any Option or
the issuance or transfer of any Common Stock pursuant to this Plan is conditioned upon such listing, registration, qualification and regulatory approvals as the Board, the Compensation Committee or the Administration Committee, in their respective
discretion, may deem necessary or desirable. The Board, the Compensation Committee or the Administration Committee, respectively, may also place such restrictions or legends or additional legends on stock issued or transferred as it determines to be
required or advisable to comply with applicable laws or regulations, or the listing requirements of any exchange upon which the Common Stock is traded or intended to be traded. 
 Section 7.2 Adjustment for Changes in Capitalization. In the event of any change in corporate capitalization (including, but not limited to, a change in the number of shares of Common Stock outstanding),
such as a stock split or a corporate transaction, such as any merger, consolidation, separation, including a spin-off, or other distribution of stock or property of the Company, any reorganization (whether or not such reorganization comes within the
definition of such term in Section 368 of the Code) or any partial or complete liquidation of the Company, the Compensation Committee or Board shall make an equitable adjustment in the aggregate number and kind of shares provided for under
Section 1.1 of the Plan, in the number of Options to be granted automatically pursuant to Article VI, and in the number, kind and option price of shares subject to outstanding Stock Units and Options; provided, that: 
 (a) No such adjustment shall be made to outstanding Stock Units with respect to any dividend or other distribution for which Dividend Equivalents are
credited to the applicable Stock Unit Account as provided in Section 4.2 of the Plan; 
 (b) Any resulting fractional share that would
otherwise be subject to an Option shall be eliminated; and 
 (c) Any such adjustment shall be subject to such restrictions and conditions as
may be required to avoid being subject to Section 409A of the Code. 
 Section 7.3 Compliance with Section 16 of the Exchange Act.
Notwithstanding any other provision of the Plan, the Administration Committee may impose such restrictions, rules and regulations on the terms and conditions of participation in the Plan as it may 

  

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determine to be necessary or appropriate to avoid subjecting Eligible Directors to liability or potential liability under Section 16. Any transaction
pursuant to the Plan (including without limitation elections to move Deferred Compensation into or out of any Common Stock Fund) that would result in liability or potential liability under said Section 16 shall be void ab initio.

 Section 7.4 Governing Law. The Plan shall be governed by the law of the state of Delaware. 
 Article VIII 
 Amendment and
Termination of Plan 
 The Company may amend or terminate the Plan at any time; provided, that unless necessary to comply with an applicable law
(including the requirements of Section 409A of the Code), no such amendment or termination may reduce the balance of any Participant’s Accounts, change the requirements for vesting of any unvested portion of any Option previously granted,
or change the timing of distributions from any Account, unless (a) the Company determines that such change would not cause a violation of the requirements of Section 409A of the Code and (b) the affected Participant or Beneficiary, as
applicable, consents to the change. 
 Any amendment to the Plan may be adopted by resolution of the Board of Directors. In addition, the Chairman of the
Board of Directors or the Chief Executive Officer of the Company may adopt any amendment in writing which (i) may be necessary or desirable to improve the administration of the Plan, so long as such amendment does not materially affect the
substance of the Plan or the level of benefits the Plan provides, or (ii) may be required to comply with any applicable federal or state law (including any tax law that might result in any adverse tax consequences to any Participant or
Beneficiary, or to the Company or any of its affiliates). All amendments shall be filed with the Secretary of the Company. 
 *        *        * 
  

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 IN WITNESS WHEREOF the undersigned has executed this restatement of the Plan. 
  

	
	 /s/ John A. Luke, Jr.

	John A. Luke, Jr.
	Chairman and Chief Executive Officer

 APPROVALS 
 LAW
DEPARTMENT 
  

			
	By	 	 /s/ John J. Carrara

		 	John J. Carrara
		 	Associate General Counsel and Assistant Secretary

 FILED: December 30, 2008 
  

			
	By	 	 /s/ Wendell L. Willkie, II

		 	Wendell L. Willkie, II
		 	Senior Vice President, General Counsel and Secretary

  

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