Document:

Deferred Compensation Plan

 Exhibit 10.9 
  
  
  
 SUNOCO, INC. 
 DEFERRED COMPENSATION PLAN

 (Amended and Restated effective November 1, 2007) 
  
  
  

 ARTICLE I 
 Definitions 
 1.1 95% Withdrawal—shall have the meaning set forth herein at
Section 5.1. 
 1.2 Business Combination—shall have the meaning set forth herein at Section 1.4(c). 
 1.3 Cash Unit—shall mean the entry in a Deferred Bonus Account of a credit equal to One Dollar ($1.00). 
 1.4 Change in Control—shall mean the occurrence of any of the following events: 
 (a) The acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act) (a
“Person”) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 20% or more of either (1) the then-outstanding shares of common stock of the Company (the “Outstanding Company Common
Stock”) or (2) the combined voting power of the then-outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided,
however, that, for purposes of this Section (a), the following acquisitions shall not constitute a Change in Control: (A) any acquisition directly from the Company, (B) any acquisition by the Company, (C) any acquisition by any
employee benefit plan (or related trust) sponsored or maintained by the Company or any company controlled by, controlling or under common control with the Company, or (D) any acquisition by any entity pursuant to a transaction that complies
with Sections (c)(1), (c)(2) and (c)(3) of this definition; 
 (b) Individuals who, as of September 6, 2001, constitute the Board of
Directors (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board of Directors; provided, however, that any individual becoming a director subsequent to the date hereof whose election, or
nomination for election by the Company’s shareholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but
excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of
proxies or consents by or on behalf of a Person other than the Board of Directors; 
 (c) Consummation of a reorganization, merger, statutory
share exchange or consolidation or similar corporate transaction involving the Company or any of its subsidiaries, a sale or other disposition of all or substantially all of the assets of the Company, or the acquisition of assets or stock of another
entity by the Company or any of its subsidiaries (each, 

  

 1 

 
a “Business Combination”), in each case unless, following such Business Combination, (1) all or substantially all of the individuals and
entities that were the beneficial owners of the Outstanding Company Common Stock and the Outstanding Company Voting Securities immediately prior to such Business Combination beneficially own, directly or indirectly, more than 60% of the
then-outstanding shares of common stock and the combined voting power of the then-outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Business Combination
(including, without limitation, a corporation that, as a result of such transaction, owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) in substantially the same proportions
as their ownership immediately prior to such Business Combination of the Outstanding Company Common Stock and the Outstanding Company Voting Securities, as the case may be, (2) no Person (excluding any corporation resulting from such Business
Combination or any employee benefit plan (or related trust) of the Company or such corporation resulting from such Business Combination) beneficially owns, directly or indirectly, 20% or more of, respectively, the then-outstanding shares of common
stock of the corporation resulting from such Business Combination or the combined voting power of the then-outstanding voting securities of such corporation, except to the extent that such ownership existed prior to the Business Combination, and
(3) at least a majority of the members of the board of directors of the corporation resulting from such Business Combination were members of the Incumbent Board at the time of the execution of the initial agreement or of the action of the Board
of Directors providing for such Business Combination; or 
 (d) Approval by the shareholders of the Company of a complete liquidation or
dissolution of the Company. 
 1.5 Change in Control Election—shall have the meaning set forth herein at Section 5.1.

 1.6 Committee—shall mean the Compensation Committee of the Board of Directors of Sunoco, Inc. 
 1.7 Company—shall mean Sunoco, Inc., a Pennsylvania corporation. The term “Company” shall include any successor to Sunoco, Inc.,
any subsidiary or affiliate which has adopted the Plan, or a corporation succeeding to the business of Sunoco, Inc., or any subsidiary or affiliate by merger, consolidation, liquidation or purchase of assets or stock or similar transaction.

 1.8 Deferred Bonus Account—shall mean, with respect to any Participant, the total amount of the Company’s liability for
payment of deferred compensation to the Participant under 

  

 2 

 
this Plan, including any accumulated Interest Equivalents and/or Dividend Equivalents. 
 1.9 Dividend Equivalent—shall mean the entry in a Participant’s Deferred Bonus Account of a dividend credit with respect to a Share
Unit, each Dividend Equivalent being equal to the dividend paid from time to time on a Share. 
 1.10 Exchange Act—shall mean the
Securities Exchange Act of 1934, as amended. 
 1.11 Executive Resource Employee—shall mean any individual employed by the
Company who has been designated by the Company as a member of the Company’s executive resources group. Generally such group shall include employees in Grades 14-20 and all employees subject to Section 16 of the Exchange Act. 
 1.12 Incentive Plan—shall mean the Sunoco, Inc. Executive Incentive Plan. The Incentive Plan provides that the Board of Directors may pay
bonuses annually, as additional compensation to such employees as the Board determines have principally contributed to the profitability of the Company. 
 1.13 Incumbent Board—shall have the meaning set forth herein at Section 1.4(b). 
 1.14
Interest Equivalent—shall mean the entry in a Participant’s Deferred Bonus Account of an interest credit with respect to a Cash Unit, compounded on the basis of the balance in the Participant’s Deferred Bonus Account, applying
the interest factor approved by the Committee each year for such purpose. 
 1.15 Non-Cash Bonus—shall have the meaning set forth
herein at Section 4.1. 
 1.16 Outstanding Company Common Stock—shall have the meaning set forth herein at
Section 1.4(a). 
 1.17 Outstanding Company Voting Securities—shall have the meaning set forth herein at
Section 1.4(a). 
 1.18 Participant—shall mean any Executive Resource Employee who meets the eligibility requirements of the
Incentive Plan and who is participating in this Plan. 
 1.19 Permanent and Total Disability—shall mean, with respect to any
Participant, that such Participant is eligible to receive benefits under the applicable long-term disability plan of such Participant’s employer. 
 1.20 Person—shall have the meaning set forth herein at Section 1.4(a). 
 1.21
Plan—shall mean the Deferred Compensation Plan set forth herein and as it may be amended from time to time. 
 1.22
Retirement—shall mean the date on which a Participant is retired in accordance with the applicable retirement plan, program, or policy of such Participant’s employer. 
  

 3 

 1.23 Share—shall mean a share of the Company’s authorized voting Common Stock ($1.00 par
value per share) and any share or shares of stock of the Company hereafter issued or issuable in substitution or exchange for each such share, except for the Company’s Series A Preference Stock. 
 1.24 Share Unit—shall mean the entry in a Participant’s Deferred Bonus Account of a credit equal to one Share. 
 1.25 Subsidiaries—shall mean corporations in which the Company, directly or indirectly owns fifty percent (50%) or more of the
outstanding voting stock. 
 ARTICLE II 
 Background and Purpose of Plan 
 2.1 Purpose. The Company has established this Deferred
Compensation Plan to provide Executive Resource Employees who are participants in the Incentive Plan with the option to irrevocably defer the receipt of all or a portion of the bonus to which such participants would otherwise be entitled, subject to
the terms and conditions hereinafter set forth. 
 2.2 Creation of Deferred Bonus Account. Each of the following shall be credited to
a Deferred Bonus Account established by the Company for each Participant: 
 (a) any bonus amounts voluntarily deferred by the Participant
pursuant to Article III (Deferral of Bonuses by Participant) hereof; and/or 
 (b) any Non-Cash Bonus amounts deferred in the discretion of
the Committee pursuant to Article IV (Deferral of Bonuses by Committee) hereof. 
 Any bonus amounts voluntarily deferred by the Participant
will be credited to a Participant’s Deferred Bonus Account in the form of Cash Units or Share Units, in the discretion of the Participant, as set forth in the Plan. The deferral of any Non-Cash Bonus amounts caused by action of the Committee
will be credited to a Participant’s Deferred Bonus Account in the form of Cash Units or Share Units as the Committee, in its sole discretion, may decide in accordance with the Plan. 
 2.3 Cessation of Deferrals. Notwithstanding any other provision of the Plan, no Executive Resource Employee may elect pursuant to Article III of
the Plan to defer any portion of his or her bonus paid after December 31, 2004 under the Incentive Plan. Notwithstanding any other provision of the Plan, no deferrals may be made by the Committee pursuant to Article IV of the Plan with respect
to any bonus paid under the Incentive Plan after December 31, 2004. It is intended that all deferrals credited to Participants’ Deferred Bonus Accounts before January 1, 2005 (including all Dividend 

  

 4 

 
Equivalents and Interest Equivalents credited with respect to such deferrals) not be subject to IRC Section 409A, and no action shall be taken that
would constitute a material modification to a benefit or right under the Plan as existing on October 3, 2004, as set forth under Proposed Regulation 1.409A-6(a)(4), or other applicable guidance issued under IRC Section 409A. 
 ARTICLE III 
 Deferral of Bonuses by
Participant 
 3.1 Participant’s Election to Defer. A Participant voluntarily may elect to defer, in the form of Cash Units
or Share Units, all or a portion of his or her bonus to be paid under the Incentive Plan before January 1, 2005 by filing a written election with the Committee on forms prescribed by the Committee. Such election must include the following:

 (a) percentage of bonus to be deferred; 
 (b) the form of deferral, being either Cash Units, Share Units or a combination of the two and the percentage allocations of such; 
 (c) a designation of beneficiary as set forth in Article VI (Designation of Beneficiaries); and 
 (d) an
irrevocable election of a method of payment as set forth in Section 3.10 hereof. 
 Any such voluntary election by the Participant shall
apply only to bonuses for the year specified in the election. 
 3.2 Amount of Deferral. The amount of bonus to be deferred in any
year shall be designated by the Participant as a percentage of such Participant’s bonus in multiples of five percent (5%) but shall not be less than ten percent (10%). 
 3.3 Time of Election. A separate election to defer must be filed for each year and must be received by the Company no later than forty-five
(45) days before the end of the year in which the bonus is earned. Any election by a Participant with respect to a bonus in a given year will not preclude a different action with respect to bonuses in subsequent years, consistent with the
provisions of this Article III with respect to the giving of notice of deferral election. 
 3.4 Crediting Share Units. Share Units
shall be credited to a Participant’s Deferred Bonus Account at the time the bonus otherwise would have been paid had no election to defer been made. The number of Share Units to be credited to the Deferred Bonus Account shall be determined by
dividing the portion of bonus to be deferred by the average closing price for Shares as published in the consolidated trading tables of the Wall Street Journal (under the caption “New York Stock Exchange Composite Transactions”) or any
other publication selected by the 

  

 5 

 
Committee for the ten (10) day period prior to the day on which the bonus otherwise would have been paid. Any fractional Share Units shall also be
credited to a Participant’s Deferred Bonus Account. Share Units shall not entitle any person to the rights of a shareholder. 
 3.5
Crediting Dividend Equivalents. For Share Units, the Company shall credit the Participant’s Deferred Bonus Account with Dividend Equivalents being equal to the dividends declared on the Company’s Shares. The crediting shall occur as
of the date on which said dividends are paid. The number of Share Units to be credited to the Deferred Bonus Account shall be calculated by dividing the Dividend Equivalents by the average closing price for Shares as published in the consolidated
trading tables of the Wall Street Journal (under the caption “New York Stock Exchange Composite Transactions”) or any other publication selected by the Committee for the period of ten (10) trading days prior to the day on which the
dividends are paid on the Company’s Shares. Any fractional Share Units shall also be credited to a Participant’s Deferred Bonus Account. 
 3.6 Crediting Cash Units. Cash Units shall be credited to a Participant’s Deferred Bonus Account at the time the bonus would otherwise have been paid had no election to defer been made. 
 3.7 Crediting Interest Equivalents. For Cash Units credited to a Participant’s Deferred Bonus Account, the Company shall credit such
Participant’s Deferred Bonus Account on a quarterly basis with an Interest Equivalent. 
 3.8 Share Unit Conversion. Immediately
upon termination of the Participant’s employment with the Company, and so prior to the commencement of any payout or distribution of any amounts hereunder, the Participant may make a one-time election to convert to Cash Units all or a portion
of the balance of Share Units in such Participant’s Deferred Bonus Account. Any Share Units so converted to Cash Units as a result of this one-time conversion election shall be valued at the average closing price for Shares as published in the
consolidated trading tables of the Wall Street Journal (under the caption “New York Stock Exchange Composite Transactions”) or any other publication selected by the Committee for the ten (10) day period immediately prior to such
one-time conversion election. 
 3.9 Time of Payment. Except as provided in Article V (“Change in Control”) hereof, all
payments of a Participant’s Deferred Bonus Account shall be made at, or shall commence on, the date selected by the Participant in accordance with the terms of this Article III. 
 (a) Election of Benefit Commencement Date. The date of payment or distribution must be irrevocably specified by the Participant in his or her
written notice of election. The Participant may elect to defer the receipt of all or a specified portion of such 

  

 6 

 
Participant’s bonus to: 
 (1) the first day
of any calendar year provided such date is at least six (6) months after the end of the quarter in which the bonus is earned; or 
 (2)
the first day of the calendar year following the date of: 
  

	 	(i)	the Participant’s retirement; 

  

	 	(ii)	final determination that the Participant has a Permanent and Total Disability; 

  

	 	(iii)	termination of the Participant’s employment with the Company; 

  

	 	(iv)	death of the Participant. Upon the death of a Participant prior to the final payment of all amounts credited to his or her Deferred Bonus Account, the balance of the Deferred Bonus
Account shall be paid in accordance with Article VI (“Designation of Beneficiaries”) hereof, commencing on the first day of the calendar year following the year of death. 

 Notwithstanding the foregoing provisions of this Section 3.9, and except as provided in Article V (“Change in Control”) hereof, in no
event shall any payment or distribution be made within six (6) months of the bonus being earned or awarded. The benefit commencement date may not be later than the third calendar year following the date of: (i) Participant’s
retirement, or (ii) termination of Participant’s employment. 
 (b) Acceleration of Benefit Commencement Date Prior to
Payment. At any time prior to the commencement of any payment or distribution of a Participant’s Deferred Bonus Account, such Participant may request in writing to accelerate the receipt of all or a specified portion of such deferred bonus
amounts to the first day of any calendar year; provided, however, that such date is at least six (6) months after the end of the quarter in which the bonus is earned. Any such acceleration will be subject to a penalty equal to a five
percent (5%) reduction in the balance of the Participant’s Deferred Bonus Account, which shall be forfeited to the Company. 
 3.10
Method of Payment. A Participant in this portion of the Deferred Compensation Plan shall have the option of: 
 (a)
selecting a lump-sum payment; 
 (b) selecting a series of approximately equivalent annual installments (adjusted as necessary
to reflect Dividend Equivalents and/or Interest Equivalents accrued during the installment payout period) in such number of installments as the Participant shall specify (not exceeding twenty (20) installments); or 
 (c) not selecting a method of payment at the time the Form for Deferred Payment 

  

 7 

 
Election/Designation of Beneficiary is prepared. If the Participant does not select a method of payment, he or she must, at least twelve (12) months
prior to the time the deferral amount is scheduled to be paid, notify the Company as to the specific method of payment which will be either in a lump sum or in approximately equivalent annual installments. Failure to provide appropriate notification
to the Company will result in a lump sum payment on the deferral payment date. 
 Participant shall receive in cash all deferred compensation
credited to such Participant’s Deferred Bonus Account. Share Units credited to the Participant’s Deferred Bonus Account shall be valued at the average closing price for Shares as published in the consolidated trading tables of the Wall
Street Journal (under the caption “New York Stock Exchange Composite Transactions”) or any other publication selected by the Committee for the ten (10) day period prior to each new calendar year. 
 3.11 Subsequent Change in Method of Payment Election. 
 (a) Change in Method of Payment Prior to Commencement of Distribution or Payment. With the approval of the Committee, and at any time not later than twelve (12) months prior to the commencement of any
payment or distribution of the amounts credited to the Participant’s Deferred Bonus Account, a Participant in this portion of the Plan may file a written request with regard to the method of payment (i.e., a series of installments versus
lump-sum payout), on a form prescribed by the Committee, which will revoke all such earlier or prior elections with regard to the method of payment (i.e., a series of installments versus lump-sum payout), and such new choice as to method of
payment will be applied both to amounts previously credited to the Participant’s current Deferred Bonus Account balance, as well as to amounts to be credited to such Deferred Bonus Account balance prospectively. Any such new or subsequent
election that is made less than twelve (12) months prior to the commencement of any payment or distribution of the amounts credited to the Participant’s Deferred Bonus Account, will be null and void, and the Participant’s most recent
preceding timely election will be reinstated. 
 (b) Change in Method of Payment Following Commencement of Distribution or Payment.
After payment or distribution of amounts credited to the Participant’s Deferred Bonus Account has commenced, the Participant may not change the period of time for which such amounts are payable. However the Participant may convert
installment payments to a lump sum distribution subject to a penalty equal to a five percent (5%) reduction in the balance of the Participant’s Deferred Bonus Account, which shall be forfeited to the Company. 
  

 8 

 3.12 Hardship Distribution. Participant may request a modification in the payment terms hereunder
only in the event of severe financial hardship and only to the extent reasonably necessary to eliminate the hardship. Such request shall specify in detail the grounds for the requested modification and shall be referred to the Committee. A
qualifying severe financial hardship must be caused by accident, illness, or event beyond the control of the Participant. The decision of the Committee with respect to the requested modification shall be solely at the discretion of the Committee and
in accordance with its evaluation of the exigencies of the situation. Such decision shall be binding on the Company and Participant. 
 3.13
Distributions in 2005 under IRC Section 409A Transition Rules. 
 (a) Certain Participants Not Employed by the Company on
January 1, 2005. In accordance with the transition guidance set forth in Section 18(c) of IRS Notice 2005-1, the Deferred Bonus Account of a Participant who on January 1, 2005 (i) was not employed by the Company, and
(ii) was employed by a subsidiary or affiliate of the Company that has not adopted the Plan, shall be distributed to the Participant on or before December 31, 2005, and such Participant shall cease to participate in the Plan as of the date
of such distribution. 
 (b) Revocation of Participant’s Election to Defer for Bonus Awarded under Incentive Plan for Calendar Year
2004 and Paid in 2005. In accordance with the transition guidance set forth in Section 20 of IRS Notice 2005-1, a Participant who elected pursuant to Section 3.1 of the Plan to defer all or a portion of his or her bonus awarded under
the Incentive Plan with respect to calendar year 2004 and payable in 2005, may cancel such deferral election on or before December 31, 2005, in accordance with the provisions of Sections 20(a), (b) and (c) of IRS Notice 2005-1, and in
the form and manner prescribed by the Committee, and the amount in the Participant’s Deferred Bonus Account attributable to the cancelled deferral, including Dividend Equivalents and/or Interest Equivalents credited to the Participant’s
Deferred Bonus Account with respect to such cancelled deferral, shall be distributed to the Participant on or before December 31, 2005. 
 (c) Crediting Interest Equivalents. For Cash Units distributed pursuant to this Section 3.13 on a date other than the end of a calendar quarter, Interest Equivalents shall be credited to such Participant’s Deferred Bonus
Account on a pro rata basis based on the number of calendar days the Cash Units were in the Participant’s Deferred Bonus Account for such calendar quarter compared to the total number of calendar days in such calendar quarter. 
 (d) Valuation of Share Units. Share Units credited to the Participant’s Deferred Bonus Account shall be valued at the average closing price
for Shares as published in the consolidated 

  

 9 

 
trading tables of the Wall Street Journal (under the caption “New York Stock Exchange Composite Transactions”) or any other publication selected by
the Committee for the period of ten (10) trading days prior to the distribution pursuant to this Section 3.13. 
 ARTICLE IV 

 Deferral of Bonuses by Committee 
 4.1 Committee’s Election to Defer. Each year ending on or before December 31, 2004 in conjunction with the payment of any bonus to the Participant, the Committee, in its sole discretion, may cause to
be credited to a Participant’s Deferred Bonus Account in the form of either Cash Units or Share Units, a specified dollar amount representing all or a portion of such Participant’s bonus for that year (the “Non-Cash Bonus”).

 4.2 Crediting Share Units. Share Units shall be credited to a Participant’s Deferred Bonus Account at the time the bonus would
otherwise have been paid had no Committee action to defer been taken. The number of Share Units credited to the Participant’s Deferred Bonus Account shall be determined by dividing the Non-Cash Bonus by the average closing price for Shares as
published in the consolidated trading tables of the Wall Street Journal (under the caption “New York Stock Exchange Composite Transactions”) or any other publication selected by the Committee for the ten (10) day period prior to the
date such bonus otherwise would have been paid had no Committee action been taken. Any fractional Share Units shall also be credited to such Participant’s Deferred Bonus Account. Share Units shall not entitle any person to the rights of a
stockholder. 
 4.3 Crediting Dividend Equivalents. The Company shall credit the Participant’s Deferred Bonus Account with
Dividend Equivalents being equal to the dividends declared on the Company’s Shares. The crediting shall occur as of the date on which said dividends are paid. The number of Share Units to be credited to the Deferred Bonus Account shall be
calculated by dividing the Dividend Equivalents by the average closing price for Shares as published in the consolidated trading tables of the Wall Street Journal (under the caption “New York Stock Exchange Composite Transactions”) or any
other publication selected by the Committee for the period of ten (10) trading days prior to the day on which the dividends are paid on the Company’s Shares. Any fractional Share Units shall also be credited to a Participant’s
Deferred Bonus Account. 
 4.4 Crediting Cash Units. Cash Units shall be credited to a Participant’s Deferred Bonus Account at
the time the bonus otherwise would have been paid had no Committee action to defer 

  

 10 

 
been taken. 
 4.5 Crediting Interest
Equivalents. For Cash Units credited to a Participant’s Deferred Bonus Account, the Company shall credit such Participant’s Deferred Bonus Account on a quarterly basis with an Interest Equivalent. 
 4.6 Share Unit Conversion. Immediately upon termination of the Participant’s employment with the Company, and so prior to the commencement of
any payout or distribution of any amounts hereunder, the Participant may make a one-time election to convert to Cash Units all or a portion of the balance of Share Units in such Participant’s Deferred Bonus Account. Any Share Units so converted
to Cash Units as a result of this one-time conversion election shall be valued at the average closing price for Shares as published in the consolidated trading tables of the Wall Street Journal (under the caption “New York Stock Exchange
Composite Transactions”) or any other publication selected by the Committee for the ten (10) day period immediately prior to such one-time conversion election. 
 4.7 Time of Payment. 
 (a) Benefit Commencement Date Specified by Committee. The Committee will
specify in writing its election of the earliest date of payment or distribution, and such election shall remain effective until revoked in writing by the Committee. If the Committee elects a new date with regard to payment or distribution, such
election will apply only prospectively to any additional Share Units and/or Cash Units to be credited to such Participant’s Deferred Bonus Account by Committee action in accordance with this Article IV. If the Committee fails to designate a
time of payment, payment shall commence on the first day of the calendar year following the termination of such Participant’s employment. Notwithstanding the foregoing provisions of this Section 4.7, in no event, however, shall the payment
date be later than the third calendar year following the date of: (i) Participant’s retirement, or (ii) termination of Participant’s employment. 
 (b) Acceleration of Benefit Commencement Date Prior to Payment. At any time prior to the commencement of any payment or distribution of a Participant’s Deferred Bonus Account, such Participant may request
in writing to accelerate the receipt of all or a specified portion of such deferred bonus amounts to the first day of any calendar year; provided, however, that such date is at least six (6) months after the end of the quarter in which
the bonus is earned. Any such acceleration will be subject to a penalty equal to a five percent (5%) reduction in the balance of the Participant’s Deferred Bonus Account, which shall be forfeited to the Company. 
 4.8 Method of Payment. The Participant must select a method of payment at least twelve (12) months prior to the time the deferral amount is
scheduled to be paid, by notifying the 

  

 11 

 
Company as to whether the method of payment will be either: 
 (a) a lump sum payment; or 
 (b) a series of approximately equivalent annual installments
(adjusted as necessary to reflect Dividend Equivalents accrued during the installment payout period), in such number of installments as the Participant shall specify (not exceeding twenty (20) installments). 
 If no election is made, payment or distribution of any amounts deferred by Committee action pursuant to this Article IV (together with the Dividend
Equivalents and/or Interest Equivalents, as the case may be, accrued thereon) shall be made in a single lump sum on the earliest payment date permitted by the Committee as provided under Section 4.7 hereof. Share Units credited to the
Participant’s Deferred Bonus Account shall be valued at the average closing price for Shares as published in the consolidated trading tables of the Wall Street Journal (under the caption “New York Stock Exchange Composite
Transactions”) or any other publication selected by the Committee for the ten (10) day period prior to each new calendar year. 
 4.9 Subsequent Change in Method of Payment Election. 
 (a) Change in Method of Payment Prior to Commencement of
Distribution or Payment. With the approval of the Committee, and at any time not later than twelve (12) months prior to the commencement of any payment or distribution of the amounts credited to the Participant’s Deferred Bonus
Account, a Participant in this portion of the Plan may file a written request with regard to the method of payment (i.e., a series of installments versus lump-sum payout), on a form prescribed by the Committee, which will revoke all such
earlier or prior elections with regard to the method of payment (i.e., a series of installments versus lump-sum payout), and such new choice as to method of payment will be applied both to amounts previously credited to the Participant’s
current Deferred Bonus Account balance, as well as to amounts to be credited to such Deferred Bonus Account balance prospectively. Any such new or subsequent election that is made less than twelve (12) months prior to the commencement of any
payment or distribution of the amounts credited to the Participant’s Deferred Bonus Account, will be null and void, and the Participant’s most recent preceding timely election will be reinstated. 
 (b) Change in Method of Payment Following Commencement of Distribution or Payment. After payment or distribution of amounts credited to the
Participant’s Deferred Bonus Account has commenced, the Participant may not change the period of time for which such amounts are payable. However the Participant may convert installment payments to a lump sum distribution subject to a penalty
equal to a five percent (5%) reduction in the balance of the 

  

 12 

 
Participant’s Deferred Bonus Account, which shall be forfeited to the Company. 
 ARTICLE V 
 Change in Control 
 5.1 Effect of Change in Control on Payment. Anything to the contrary in this Plan notwithstanding, at any time a Participant may make an election
(a “Change in Control Election”) to receive, in a single lump sum payment, upon the occurrence of a Change in Control, the balance of his or her Deferred Bonus Account, as of the valuation date immediately preceding the Change in Control.
Any Change in Control Election or revocation of an existing Change in Control Election shall be null and void if a Change in Control occurs within 12 months after it is made, and the Participant’s most recent preceding Change in Control
Election, if timely made and not revoked at least 12 months before the Change in Control, shall remain in force. Each such election or revocation shall be in writing and in conformity with such rules as may be prescribed by the Committee. If no
Change in Control Election is in force upon the occurrence of a Change in Control, from the date of such Change in Control and for twelve (12) months thereafter, each Participant, whether or not he or she is still an employee of the Company,
shall have the right to withdraw, in a single lump-sum cash payment, an amount equal to ninety-five percent (95%) of the balance of his or her Deferred Bonus Account (a “95% Withdrawal”), as of the valuation date immediately preceding
the date of withdrawal; provided, however, that if this option is exercised, such Participant will forfeit to the Company the remaining five percent (5%) of the balance of each such account (as of the valuation date immediately preceding the
date of withdrawal) from which the funds are withdrawn as a penalty. Payments pursuant to a 95% Withdrawal shall be made as soon as practicable, but no later than thirty (30) days after the Participant notifies the Committee in writing that
he/she is exercising his/her right to undertake a 95% Withdrawal. 
 5.2 Amendment in Connection with Change in Control. On or after a
Change in Control, or before, but in connection with, a Change in Control, no action, including by way of example and not of limitation, the amendment, suspension or termination of the Plan, shall be taken which would adversely affect the rights of
any Participant or the operation of this Article V with respect to the balance in the Participant’s Accounts immediately before such action. 
 5.3 Attorney’s Fees. The Company shall pay all legal fees and related expenses incurred by or with respect to a Participant during his lifetime or within ten (10) years after his death in seeking to obtain or enforce any
payment, benefit or right such Participant may be entitled under the Plan after a Change in Control. Reimbursement shall be made on or before the close of the 

  

 13 

 
calendar year following the calendar year in which the expense was incurred. The amount of expenses eligible for reimbursement under this provision in one
calendar year may not affect the amount of expenses eligible for reimbursement under this provision in any other calendar year. The Participant (or the Participant’s representative) shall reimburse the Company for such fees and expenses at such
time as a court of competent jurisdiction, or another independent third party having similar authority, determines that the Participant’s (or the Participant’s representative’s) claim was frivolously brought without reasonable
expectation of success on the merits thereof. For purposes of IRC Section 409A, this Section 5.3 shall be treated as a plan providing for reimbursement of expenses within the meaning of Treasury Regulation
Section 1.409A-1(c)(2)(i)(E), and shall be separate from the remainder of the Plan. 
 ARTICLE VI 
 Designation of Beneficiaries 
 The
Participant shall name a beneficiary to receive any payments due such Participant at the time of death, with the right to change such beneficiary at any time. In case of a failure of designation or the death of the designated beneficiary without a
designated successor, distribution shall be made to the person or persons designated as beneficiary in the designation most recently filed under the Sunoco, Inc. Capital Accumulation Plan, or if no such designation has been made or the Participant
is not participating in such plan, the surviving spouse of a deceased Participant, or, if there is no surviving spouse, the children of the Participant in equal shares (the share of any child who predeceases the Participant to go in equal shares to
the issue of such deceased child), or if there is no surviving spouse, child, or issue of such children, the estate of the Participant. No designation of beneficiaries shall be valid unless in writing signed by the Participant, dated and filed with
the Company. Upon the Participant’s death, any balance in the Participant’s Deferred Bonus Account is payable under the method elected by the Participant or in such other manner as the Committee may determine in its sole discretion.

 ARTICLE VII 
 Miscellaneous 
 7.1 Source of Payments. All payments of deferred bonuses shall be paid in cash from the general funds
of the Company and the Company shall be under no obligation to segregate any assets in connection with the maintenance of the Deferred Bonus Account, nor shall anything contained in this Plan nor any action taken pursuant to the Plan create or be
construed to create a trust of any kind, or a fiduciary relationship between the Company and Participant. Title to the 

  

 14 

 
beneficial ownership of any assets, whether cash or investments, which the Company may designate to pay the amount credited to the Deferred Bonus Account
shall at all times remain in the Company and Participant shall not have any property interest whatsoever in any specific assets of the Company. Participant’s interest in the Deferred Bonus Account shall be limited to the right to receive
payments pursuant to the terms of this Plan and such rights to receive shall be no greater than the right of any other unsecured general creditor of the Company. 
 7.2 Nonalienation of Benefits. Participant shall not have the right to sell, assign, transfer or otherwise convey or encumber in whole or in part the right to receive any payment under this Plan except in
accordance with Article VI (Designation of Beneficiaries) hereof. 
 7.3 Acceptance of Terms. The terms and conditions of this Plan
shall be binding upon the heirs, beneficiaries, and other successors in interest of Participant to the same extent that said terms and conditions are binding upon the Participant. This Plan shall not be construed in any way as an employment contract
requiring the Company or Participant to continue the employment relation. 
 7.4 Administration of the Plan. The Plan shall be
administered by the Committee which may make such rules and regulations and establish such procedures for the administration of this Plan as it deems appropriate. In the event of any dispute or disagreements as to the interpretation of this Plan or
of any rules, regulation, or procedure or as to any questioned right or obligation arising from or related to this Plan, the decision of the Committee shall be final and binding upon all persons. 
 7.5 Adjustments for Changes in Capitalization. The number of Share Units in the Participant’s Deferred Bonus Account shall be appropriately
adjusted by the Committee in the event of changes in the Company’s outstanding common stock by reason of a stock dividend or distribution, recapitalization, merger, consolidation, split-up, combination, exchange of shares or the like, and such
adjustments shall be conclusive. 
 7.6 Termination and Amendment. The Plan may be terminated at any time by the Board of Directors of
Sunoco, Inc., and may be amended at any time by the Committee provided, however, that no such amendment or termination shall adversely affect the rights of Participants or their beneficiaries with respect to amounts credited to Deferred Bonus
Accounts prior to such amendment or termination, without the written consent of the Participant. 
 7.7 Notices. To be effective, all
notices, requests and demands to or upon the Company or the Participant, as the case may be, shall be in writing, by facsimile, by overnight courier or by registered or certified mail, postage prepaid and return receipt requested, and shall be
deemed to have been duly given or made upon: 
  

 15 

 (a) delivery by hand; 
 (b) one business day after being sent by overnight courier; 
 (c) four business days after being deposited in the United States mail, postage prepaid; or 
 (d) in the case of transmission by facsimile, when confirmation of receipt is obtained. 
 Such communications shall be addressed and directed as listed below (or to such other address or recipient for a party as may be hereafter notified by
such party hereunder), to the Company or the Participant, respectively: 
 If to the Company, to: 
 SUNOCO, INC. 
 Human Resources Department – 14th Floor 
 1735 Market Street STE LL 
 Philadelphia, PA 19103-7583 
 Attn: Compensation Department 
 FAX: (215) 246-8498 
 Confirm: (215) 246-8392 
 If to Participant, to: 
 The most recent address for Participant appearing in the books and records of the Company.

 7.8 Construction. The captions and headings used for the various Articles and Sections of this Plan are for convenience of
reference only and are not to affect the construction hereof or be taken into consideration in the interpretation hereof. 
 7.9
Severability. In the case of any one or more of the provisions contained in this Plan shall be invalid, illegal, or unenforceable in any respect the remaining provisions shall be construed in order to effectuate the purposes hereof and the
validity, legality, and enforceability of the remaining provisions contained herein shall not in any way be affected or impaired thereby. 
 7.10 Governing Law. This Plan shall be construed in accordance with and governed by the laws of the Commonwealth of Pennsylvania. 
 ARTICLE VIII 
 Cessation of Deferrals of Bonuses under the Incentive Plan Effective January 1, 2005 

Notwithstanding any other provision of the Plan, no Executive Resource Employee may elect under Article III of the Plan to defer any portion of his or
her bonus paid after December 31, 2004 under the Incentive Plan and no deferrals may be made by the 

  

 16 

 
Committee pursuant to Article IV of the Plan with respect to any bonus paid under the Incentive Plan after December 31, 2004. It is intended that all
deferrals credited to Participants’ Deferred Bonus Accounts before January 1, 2005 (including all Dividend Equivalents and Interest Equivalents credited with respect to such deferrals) not be subject to IRC Section 409A, and no action
shall be taken that would constitute a material modification to a benefit or right under the Plan as existing on October 3, 2004, as set forth under Proposed Regulation 1.409A-6(a)(4), or such other guidance as may be applicable under IRC
Section 409A. 
  

 17Pension Restoration Plan

 Exhibit 10.10 
 SUNOCO, INC. 
 PENSION RESTORATION PLAN 
 As Amended and Restated Effective November 1, 2007 
 PURPOSE 
 Sunoco, Inc. (the “Company”) hereby amends and restates this Pension Restoration Plan effective January 1, 2005 for the
purpose of providing to Participants (as hereinafter defined) retirement benefits which would otherwise be provided by either the Sunoco, Inc. Retirement Plan or the Puerto Rico Sun Oil Company Retirement Plan but for the restrictions on benefits
payable under these plans by Sections 401(a)(17) and 415 of the Code. This Plan is intended to constitute an “excess benefit plan” within the meaning of Section 3(36) of the Employee Retirement Income Security Act of 1974, as amended,
(“ERISA”) and an unfunded plan maintained primarily to provide deferred compensation for a select group of management or highly compensated employees within the meaning of Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA. 
 ARTICLE I 
 DEFINITIONS 
  

	1.01	“Actuarial Equivalent” means a benefit of equivalent current value to the benefit which would otherwise have been provided to the Participant, determined on the same basis
as determined under the Applicable Sunoco Retirement Plan. 

  

	1.02	“Affiliated Company” means the Company and: 

  

	 	(a)	Any other corporation which is included within a “controlled group of corporations” within which Sunoco, Inc., is also included as determined under Section 1563 of
the 1954 Internal Revenue Code without regard to subsections (a)(4) and (e)(3)(C) of said Section 1563; 

  

	 	(b)	Any other trades or businesses (whether or not incorporated) which, based on principles similar to those defining a “controlled group of corporations” for purposes of
(a) above, are under common control; and 

  

	 	(c)	Any other organization so designated by the Board Committee. 

  

	1.03	“Applicable Sunoco Retirement Plan” means the Sunoco, Inc. Retirement Plan or the Puerto Rico Sun Oil Company Retirement Plan, whichever plan the Participant will receive
benefits under. 

  

 1 

	1.04	“Beneficiary” means the person or persons, other than a contingent annuitant, designated by a Participant or retired Participant pursuant to Article IV.

  

	1.05	“Board of Directors” means the Board of Directors of Sunoco, Inc. 

  

	1.06	“Board Committee” means those individual Directors who have been appointed by the Board of Directors with the powers and responsibilities specified in Article V and to
which has been delegated any fiduciary responsibilities of the Board of Directors with respect to the Plan. 

  

	1.07	“Code” means the Internal Revenue Code of 1986, as amended. 

  

	1.08	“Company” means Sunoco, Inc. or any corporation which succeeds to the position of Sunoco, Inc. as common parent of the Sun Affiliated Group, within the meaning of
regulations issued under the Internal Revenue Code. 

  

	1.09	“Effective Date” means September 2, 1974; as to this amendment and restatement, January 1, 2005; and as to any amendment, the effective date specified by the
Board of Directors. 

  

	1.10	“Employee” means any individual who is employed by the Company or an Affiliated Company. 

  

	1.11	“Participant” means any Employee who is a participant in an Applicable Sunoco Retirement Plan, who: (i) has had his retirement benefit under that plan reduced due to
Statutory Limitations or (ii) has received Restricted Stock Unit Income. 

  

	1.12	“Plan” means the Sunoco, Inc. Pension Restoration Plan as set forth in this document and as it may from time to time be amended. 

  

	1.13	“Plan Administrator” means the individual or entity designated as such by the Board Committee pursuant to Article V. 

  

	1.14	“Plan Year” means the annual period beginning on January 1 of any year and ending on the following December 31. 

  

	1.15	“Spouse” means the individual who is the legally married husband or wife of a Participant. 

  

	1.16	“Statutory Limitations” means the limitations placed on the benefits that can be accrued under a qualified pension plan pursuant to Section 401(a)(17) and 415 of the
Code. 

  

	1.17	“Termination Date” means the date on which a Participant separates from service as defined in Code Section 409A and the regulations promulgated thereunder.
Notwithstanding the foregoing, pursuant to Treasury Regulation Section 1.409A-1(h)(1)(ii), where it is reasonably anticipated that there will be a permanent reduction in the level of bona fide services of the Participant after a certain date to
49% or less of the average level of bona fide services performed by the Participant during the immediately preceding 12 months, such Participant shall be treated for purposes of this Plan as having on such date a termination of employment and a
separation from service. 

  

 2 

 ARTICLE II 
 CONTRIBUTIONS 
  

	2.01	Employer Contributions. All benefits payable under this Plan will be paid by the Company. A Participant will have no right, title or interest whatsoever in or to any
investments which the Company may make to aid in meeting such obligations as may arise under the Plan. Nothing contained in the Plan, nor any action taken pursuant to its provisions, will create or be construed to create a trust or a fiduciary
relationship between the Company and any Participant or any other person. To the extent that any person acquires a right to benefits under this Plan, such right will be no greater than the right of an unsecured general creditor of the Company. All
payments to be made under the Plan will be paid from the general funds of the Company and no special or separate fund will be established and no segregation of assets will be made to assure payment of such amounts. 

  

	2.02	Participant Contributions. No contributions by Participants will be required or permitted under this Plan. 

  

	2.03	Expenses of Administration. All expenses of administering this Plan will be paid by the Company. 

 ARTICLE III 
 RETIREMENT BENEFITS 
  

	3.01	Amount of Benefits. Benefits under the Plan will be determined as follows effective January 1, 2005. 

  

	 	(a)	Except as provided in Section 3.01(b), the benefit payable to a Participant or his Beneficiary will be equal to the excess of: 

  

	 	(i)	The benefits which would have been paid to the Participant or his Beneficiary under the Applicable Sunoco Retirement Plan, if the provisions of that plan were administered without
regard to the Statutory Limitations, over 

  

	 	(ii)	The benefits payable to the Participant or his Beneficiary under the Applicable Sunoco Retirement Plan. 

  

	 	(b)	 In the case of a Participant who is eligible for a benefit determined under Section 3.10 of the Sunoco, Inc. Retirement Plan or Section 6.11 of the Puerto
Rico Sun Oil Company Retirement Plan (i.e., a “Rule of 60” benefit) on his Termination 

  

 3 

	 	 
Date, and has not commenced such benefit at the time that benefits under this Plan commence, the benefit payable to a Participant or his Beneficiary will be
equal to the excess of: 

  

	 	(i)	The benefit expressed as an Actuarial Equivalent lump sum that would be paid to the Participant or his Beneficiary under Section 3.10 of the Sunoco, Inc. Retirement Plan or
Section 6.11 of the Puerto Rico Sun Oil Company Retirement Plan at age 55, if the provisions of that plan were administered without regard to the Statutory Limitations, over 

  

	 	(ii)	The benefit expressed as an Actuarial Equivalent lump sum that would be paid to the Participant or his Beneficiary under Section 3.10 of the Sunoco, Inc. Retirement Plan or
Section 6.11 of the Puerto Rico Sun Oil Company Retirement Plan at age 55. 

 The benefit determined under this
Section 3.01(b) will be discounted to the date of commencement of benefits under the Plan using the same interest rate used in determining the Actuarial Equivalent lump sum under this Section 3.01(b). 
  

	3.02	Normal Form of Payment. Effective for benefits commencing on or after January 1, 2005, retirement benefits under this Plan will be in the form of a lump sum payment of
the Actuarial Equivalent of the benefit determined under Section 3.01; provided, however, that Participants with a Termination Date before April 1, 2005 may elect an optional form of retirement income as provided in Article IV.

  

	3.03	Commencement of Payments. The following provisions are effective November 1, 2007. 

  

	 	(a)	A Participant’s retirement income will commence the first day of the month following the Termination Date, except as provided in Section 3.03(b). 

 

	 	(b)	 Payment of any retirement income (that is deferred compensation for purposes of IRC Section 409A) to any Participant who is a specified employee (specified
employees being those Participants who are Executive Resource Employees (employees in Grades 14 and above designated by the Company as members of the Company’s Executive Resource group), pursuant to the election of an alternative method
specified in Treasury Regulation Sections 1.409A-1(i)(5) and 1.409A-1(i)(8)) shall be made as follows. Retirement income that is scheduled to be paid for the period which begins on such Participant’s Termination Date and ends on the date six
months from such Participant’s Termination Date, shall not be paid as scheduled, but shall be accumulated and paid in a lump sum on the date six months after the Participant’s Termination Date. Simple interest will be 

  

 4 

	 	 
paid on retirement income delayed hereunder from the date such payments would have been made to the Participant but for this subsection (b), to the date of
actual payment, at the interest rate used to determine Actuarial Equivalent lump sum payments under the Plan as of the Participant’s Termination Date. 

 ARTICLE IV 
 OPTIONAL FORMS OF RETIREMENT INCOME 
  

	4.01	Election of an Optional Form of Payment. Effective for benefits commencing before April 1, 2005, not later than thirty (30) days prior to a Participant’s
retirement date a Participant may elect in lieu of the normal form of retirement income, an optional form of retirement income which is the Actuarial Equivalent of the monthly income determined under Section 3.01. Each election, designation and
revocation of an option will be made in writing and in conformity with such rules as may be prescribed by the Plan Administrator. 

  

	4.02	Optional Forms of Payment. Effective for benefits commencing before April 1, 2005, a Participant may elect to receive an optional form of retirement income in the same
form and manner as the Participant is receiving under the Applicable Sunoco Retirement Plan. 

 ARTICLE V 
 ADMINISTRATION OF THE PLAN 
  

	5.01	Allocation and Delegation of Fiduciary Responsibilities. Fiduciary responsibilities with respect to the Plan are to be allocated as set forth in this Article V. A fiduciary
will have only those specific powers, duties, responsibilities and obligations as are specifically given him under this Plan. It is intended that each fiduciary be responsible for the proper exercise of his own powers, duties, responsibilities and
obligations under this Plan, and generally will not be responsible for any act or failure to act of another fiduciary. A fiduciary may delegate to any person or entity, who may or may not be a fiduciary, any of its powers or duties under the Plan.

  

	5.02	Powers and Responsibilities of the Board of Directors. The Board of Directors has the following powers and responsibilities: 

  

	 	(a)	To authorize amendments to the Plan; 

  

	 	(b)	To terminate the Plan; and 

  

 5 

	 	(c)	To appoint and remove members of the Board Committee, as set forth in Section 5.03, below. 

  

	5.03	Board Committee. 

  

	 	(a)	The Board Committee will consist of at least three Directors who will be appointed by and serve at the pleasure of the Board of Directors. The Board of Directors will also appoint
one member of the Board Committee to act as Chairman of such Committee. Vacancies will be filled in the same manner as appointments. Any member of the Board Committee may resign by delivering a written resignation to the Board of Directors, to
become effective upon delivery or at any other date specified therein. 

  

	 	(b)	The members of the Board Committee will appoint a Secretary who may, but need not be, a member of the Board Committee. The Board Committee may, in writing, delegate some or all of
its powers and responsibilities as specified in Section 5.03(d) to any other person or entity, who may or may not be a fiduciary. 

  

	 	(c)	The Board Committee will hold meetings upon such notice, at such time or times, and at such place or places as it may determine. The majority of the members of the Board Committee
at the time in office will constitute a quorum for the transaction of business at all meetings and a majority vote of those present at any meeting will be required for action. The Board Committee may also act by written consent of a majority of its
members. 

  

	 	(d)	The Board Committee will have the following powers and responsibilities: 

  

	 	(i)	To prepare periodic administration reports to the Board of Directors which will show, in reasonable detail, the administrative operations of the Plan; 

  

	 	(ii)	To appoint and remove the Plan Administrator; and 

  

	 	(iii)	To appoint and remove other fiduciaries. 

  

	5.04	Plan Administrator. 

  

	 	(a)	The Plan Administrator will be appointed by and serve at the pleasure of the Board Committee. The Plan Administrator may resign by delivering a written resignation to the Board
Committee, to be effective on delivery or at any other date specified therein. Upon the resignation or removal of the Plan Administrator, a successor Plan Administrator will be appointed by the Board Committee. 

  

	 	(b)	The Plan Administrator may, in writing, delegate some or all of his powers and responsibilities as set forth in Section 5.04(c) to any other person or entity, who may or may
not be a fiduciary. 

  

 6 

	 	(c)	The Plan Administrator will adopt such rules for administration of the Plan as he considers desirable, provided they do not conflict with the Plan. Records of administration of the
Plan will be kept, and Participants and their Spouses, Beneficiaries and contingent annuitants may examine records pertaining directly to themselves. The Plan Administrator will have the following powers and responsibilities:

  

	 	(i)	To select and terminate an actuary for the Plan. 

  

	 	(ii)	To establish and maintain claims review procedures. 

  

	 	(iii)	To construe the Plan, correct defects, supply omissions and reconcile inconsistencies to the extent necessary to administer the Plan, with any instructions or interpretation of the
Plan made in good faith by the Plan Administrator to be final and conclusive for all purposes. 

  

	 	(iv)	To comply with any requirements of the Employee Retirement Income Security Act of 1974 with respect to filing reports with governmental agencies. 

  

	 	(v)	To provide Employees with any and all information required by the Employee Retirement Income Security Act of 1974. 

  

	 	(vi)	To approve any actuarial assumptions. 

  

	 	(vii)	To coordinate any necessary audit process with respect to reports on administration data. 

  

	 	(viii)	To conduct routine Plan administration. 

  

	5.05	Employment of Agents. The fiduciaries may retain such counsel, actuarial, medical, accounting, clerical and other services as they may require to carry out the provisions and
purposes of the Plan. 

  

	5.06	Reliance on Reports and Certificates. Fiduciaries under the Plan and the officers and managers and Employees of the Company and any Affiliated Company will be entitled to
rely upon all tables, valuations, certificates and reports furnished by a duly appointed actuary, insurance company, or by any duly appointed accountant, and upon all opinions given by any duly appointed legal counsel. 

  

	5.07	Compensation. Fiduciaries under the Plan will not receive any compensation for their services as such. 

  

	5.08	Fiduciary’s Own Participation. A fiduciary may not act, vote or otherwise influence a decision specifically relating to his own participation under the Plan.

  

 7 

	5.09	Liability for Administration of the Plan. In the administration of the Plan, neither a fiduciary, nor any officers, directors or Employees of the Company or any Affiliated
Company or their agents will be liable jointly or severally for any loss due to his or its error or acts of omission or commission, except for his or its own individual misconduct. The Company will indemnify each fiduciary, officer, director or
Employee of the Company and any Affiliated Company from any and all expenses arising out of his or its responsibilities under the Plan, excepting such expenses and liabilities arising out of his or its own individual willful misconduct.

 ARTICLE VI 
 GENERAL PROVISIONS 
  

	6.01	Right to Amend or Terminate. The Company expects and intends to continue the Plan indefinitely, but necessarily reserves the right, by action of the Board of Directors, to
amend, alter, suspend or terminate the Plan in whole or in part, and at any time. However, if the Board of Directors should amend, alter, suspend or terminate the Plan, the Company will be liable for any benefits accrued under this Plan (determined
on the basis of each employee’s presumed termination of employment as of the date of such amendment, alteration, suspension or termination) as of the date of such action. 

  

	6.02	Alienation of Benefits. No benefits payable under the Plan will be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or
charge, and any action by way of anticipating, alienating, selling, transferring, assigning, pledging, encumbering or charging the same will be void and of no effect nor will any such benefit be in any manner liable for or subject to the debts,
contracts, liabilities, engagements or torts of the person entitled to such benefit. 

  

	6.03	Payment to Minors and Incompetents. If a Participant, Spouse, contingent annuitant or Beneficiary entitled to receive any benefits hereunder is a minor, or is deemed by the
Plan Administrator or is adjudged to be legally incapable of giving a valid receipt and discharge for such benefits, they will be paid to the duly appointed guardian or committee of such minor or incompetent, or they may be paid to such person or
persons who the Plan Administrator believes is or are caring for or supporting such minors or incompetents. Any such payments, to the extent thereof, will be a complete discharge for the payment of such benefit. 

  

 8 

	6.04	Unclaimed Benefits. If any benefit under the Plan had been payable to and unclaimed by any person for a period of four years since the whereabouts or existence of such person
was last known to the Plan Administrator, the Plan Administrator may direct that all rights of such person to payments accrued and to future payments be terminated absolutely, provided that if such person subsequently appears and identifies himself
to the satisfaction of the Plan Administrator, then the liability will be reinstated. 

  

	6.05	Plan Voluntary. The Plan is purely voluntary on the part of the Company. Neither the establishment of the Plan, nor any amendment thereto, nor the creation of any fund or
account, nor the payment of any benefit will be construed as conferring upon any Employee or Participant the right to be retained in the employ of the Company or any Affiliated Company, and all Employees and Participants will remain subject to
discharge, discipline or termination to the same extent as if the Plan had never been established. 

  

	6.06	Gender. Whenever used herein, the masculine pronoun will include the feminine and the singular the plural, unless a different meaning is plainly required by the context.

  

	6.07	Construction. The Plan will be construed, enforced and administered according to the laws of the Commonwealth of Pennsylvania to the extent not preempted by Federal law,
which shall otherwise control. In the event any provision of the Plan is held illegal or invalid for any reason, it will not affect the remaining provisions of the Plan, but the Plan will be construed and enforced as if such illegal and invalid
provision had not been included therein. 

  

 9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}]]