Document:

Exhibit 10.11

AUTOMATIC DATA PROCESSING, INC.
DEFERRED COMPENSATION PLAN
As Amended and Restated Effective January 11, 2013
The Automatic Data Processing, Inc. Deferred Compensation Plan is intended to provide a select group of management or highly-compensated employees the ability to defer certain compensation earned by such employees.  This restated Plan document applies to all deferrals made or vested under the Plan on or after January 1, 2005 that are subject to the provisions of Section 409A of the Internal Revenue Code.  All other deferrals made and vested prior to January 1, 2005 are subject to the rules in effect at the time the compensation was deferred.  It is intended that this Plan will be supplemented by annual summaries describing the Plan and participation in the Plan for the applicable Plan Year; in the event of a conflict between the Plan and an annual summary, the terms of the Plan shall control. 
ARTICLE I 
DEFINITIONS
Capitalized terms used in this Plan, shall have the meanings specified below.
1.1    “Account” or “Accounts” shall mean all of the Bonus Deferral Subaccounts, Company Matching Contribution Subaccounts or Company Stock Unit Subaccounts that are specifically provided in this Plan.
1.2    “Affiliate” means (i) any person or entity that directly or indirectly controls, is controlled by or is under common control with the Company and/or (ii) to the extent provided by the Committee, any person or entity in which the Company has a significant interest.  The term “control” (including, with correlative meaning, the terms “controlled by” and “under common control with”), as applied to any person or entity, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such person or entity, whether through the ownership of voting or other securities, by contract or otherwise. 
1.3    “Annual Bonus Payments” shall mean, with respect to any Eligible Employee who does not qualify as a sales associate, the compensation earned pursuant to any annual cash incentive plan or annual cash bonus plan or program adopted by the Company; provided, however, that the following compensation shall not qualify as “Annual Bonus Payments” hereunder: spot bonuses, hiring bonuses, separation payments, retention payments, or other special or extraordinary payments. Annual Bonus Payments shall only include compensation that is contingent on the satisfaction of pre-established organizational or individual performance criteria relating to the Company’s fiscal year, and the performance criteria in respect of which was established in writing no later than 90 days after the commencement of the performance period to which such criteria relate.   
1.4    “Annual Incentive Amounts” shall mean, as applicable, Annual Bonus Payments and Qualifying Sales Bonuses. 
1.5    “Beneficiary” or “Beneficiaries” shall mean the person or persons designated in writing by a Participant in accordance with procedures established by the Committee or the Plan Administrator to receive the benefits specified hereunder in the event of the Participant’s death.  No Beneficiary designation shall become effective until it is filed with the Committee or the Plan Administrator.  If there is no such designation or if there is no surviving designated Beneficiary, then the Participant’s surviving spouse shall be the Beneficiary.  If there is no surviving spouse to receive any benefits payable in accordance with the preceding sentence, the duly appointed and currently acting personal representative of the Participant’s estate (which shall include either the Participant’s probate estate or living trust) shall be the Beneficiary.
1.6    “Board of Directors” or “Board” shall mean the Board of Directors of Automatic Data Processing, Inc.
1.7    “Bonus Deferral Subaccount” shall mean the bookkeeping account maintained by the Company or the Plan Administrator for each Participant that is credited with amounts equal to (i) the portion of the Participant’s Annual Incentive Amounts that he or she elects to defer, and (ii) earnings and losses (based on the Investment Rate) attributable thereto.
1.8    “Code” shall mean the Internal Revenue Code of 1986, as amended.  Reference in the Plan to any section of the Code shall be deemed to include any regulations or other interpretative guidance under such section, and any amendments or successor provisions to such section, regulations or guidance.
1.9    “Committee” shall mean a committee as the Compensation Committee may appoint to administer the Plan or, if no such committee has been appointed by the Compensation Committee, then it shall be the Compensation Committee. As of the effective date of this Plan, the Committee shall consist of (i) the person occupying the position of General Counsel of the Company, and (ii) the person occupying the position of Chief Human Resources Officer of the Company. In the event of a vacancy in either the position of General Counsel or Chief Human Resources Officer, then unless the Compensation Committee otherwise determines, the Committee shall consist of the remaining person until such vacant position is filled. 
1.10    “Company” shall mean Automatic Data Processing, Inc., a Delaware corporation.
1.11    “Company Common Stock” means the common stock, par value $.10 per share, of the Company. 
1.12    “Company Matching Contribution” shall mean the amount, if any, contributed by the Company for a Participant with respect to a Plan Year under Section 4.2.  
1.13    “Company Matching Contribution Subaccount” shall mean the bookkeeping account maintained by the Company or the Plan Administrator for each Participant that is credited with an amount equal to (i) the Company Matching Contribution, if any, and (ii) earnings and losses (based on the Investment Rate) attributable thereto.
1.14    “Company Stock Unit Subaccount” shall mean the bookkeeping account maintained by the Company or the Plan Administrator for each Participant that is credited with (i) a number of Company stock units equal to the PBRS Awards that he or she elects to defer, if any, and (ii) an amount equal to the Dividend Equivalents (and earnings and losses (based on the Investment Rate) attributable to such Dividend Equivalents).  
1.15    “Compensation Committee” shall mean the Compensation Committee of the Board.
1.16    “Disability” shall mean a circumstance where the Company shall have cause to terminate a Participant’s employment or service on account of “disability,” as defined in any then-existing employment, consulting or other similar agreement between the Participant and the Company or, in the absence of such an employment, consulting or other similar agreement, a condition entitling the Participant to receive benefits under a long-term disability plan of the Company, or, in the absence of such a plan, as determined by the Committee based upon medical evidence acceptable to it; provided, however, that a Participant shall not have a Disability for purposes of the Plan unless the Participant is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or the Participant is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, receiving income replacement benefits for a period of not less than 3 months under an accident and health plan covering the Company’s employees.
1.17    “Distributable Amount” shall mean the vested balance in a Participant’s Accounts subject to distribution in a given Plan Year.
1.18    “Dividend Equivalents” shall mean, for any Participant who defers PBRS Awards, an amount equal to the product of (a) the dividends (including extraordinary dividends, if so determined by the Committee) declared and paid to other stockholders of the Company in respect of one share of Company Common Stock, multiplied by (b) the number of Company stock units in such Participant’s Company Stock Unit Subaccount on the date such dividends are so declared.
1.19    “Eligible Employee” shall mean those employees selected by the Committee in accordance with the procedures set forth in Article II.
1.20    “Enrollment Period” shall mean a period of time, as determined by the Committee with respect to each Plan Year, ending no later than the December 31 preceding the end of the performance period with respect to which the Annual Incentive Amounts or PBRS Awards, as applicable, for such Plan Years relate; provided, however, that if the relevant performance period does not end on June 30, the Enrollment Period shall end at least six months before the conclusion of the applicable performance period.
1.21    “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended.
1.22    “Exchange Act” means the Securities Exchange Act of 1934, as amended, and any successor thereto.  Reference in the Plan to any section of (or rule promulgated under) the Exchange Act shall be deemed to include any rules, regulations or other interpretative guidance under such section or rule, and any amendments or successor provisions to such section, rules, regulations or guidance.
1.23    “Fund” or “Funds” shall mean one or more of the investment funds selected by the Committee, or its designee, to which Participants may elect to make deemed investments pursuant to Section 3.3.
1.24    “In-Service Distribution Date” shall mean, in the case of a distribution to be made while the Participant is still employed by the Company, the month of September of the Plan Year elected by the Participant.
1.25    “Investment Rate” shall mean, (i) for each Fund with a fixed rate of return, the annual interest rate applicable to such Fund, as determined by the Committee from time to time, and (ii) for any Fund that does not have a fixed rate of return, any appreciation or depreciation in the value of the investment in which the Participant is deemed invested.
1.26    “Participant” shall mean any Eligible Employee who becomes a Participant in this Plan in accordance with Article II.
1.27    “PBRS Awards” shall mean, for any Plan Year, the number of shares of Company Common Stock earned by a Participant under the PBRS Program.
1.28    “PBRS Program” shall mean the Company’s performance-based restricted stock program under the Company’s 2008 Omnibus Award Plan (or any successor plan), as in effect from time to time.
1.29    “Plan” shall mean this Automatic Data Processing, Inc. Deferred Compensation Plan.
1.30    “Plan Administrator” shall mean, if applicable, any record keeper appointed by the Company (which may include an Affiliate of the Company) to perform administrative and other functions associated with the Plan. 
1.31    “Plan Year” shall mean the Company’s fiscal year, which runs from July 1 to June 30.
1.32    “Qualifying Sales Bonuses” shall mean, with respect to any Eligible Employee who qualifies as a sales associate and (i) receives sales bonuses on a quarterly basis, the bonus paid to such person related to the Company’s fourth fiscal quarter in any Plan Year or (ii) receives sales bonuses on a monthly basis, the bonus paid to such person related to the last month in any Plan Year.
1.33    “Scheduled Distribution Date” shall mean, as applicable, the In-Service Distribution Date or the Separation from Service Distribution Date
1.34    “Separation from Service” shall mean that the employment or service provider relationship with the Company and any entity that is to be treated as a single employer with the Company for purposes of Treasury Regulations Section 1.409A-1(h) (the “Single Employer”) terminates such that the facts and circumstances indicate it is reasonably anticipated that no further services will be performed or that the level of bona fide services the Participant would perform after the termination (whether as an employee or as an independent contractor) would permanently decrease to no more than 20 percent of the average level of bona fide services performed (whether as an employee or an independent contractor) over the immediately preceding 36-month period (or the full period of services to the Single Employer if the Participant has been providing services to the Single Employer less than 36 months).
1.35    “Separation from Service Distribution Date” shall mean, in the case of a distribution on account of a Separation from Service, the seventh month following the month in which the Separation from Service occurs.
1.36    “Unforeseeable Emergency” shall mean a severe unforeseeable financial hardship as defined in Section 409A and the regulations thereunder, including a severe financial hardship resulting from (i) an illness or accident of the Participant, the Participant’s spouse, the Participant’s designated Beneficiary, or the Participant’s dependent (as defined in Section 152 of the Code, without regard to section 152(b)(1), (b)(2), and (d)(1)(B)), (ii) the loss of the Participant’s property due to casualty, or (iii) other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the Participant’s control.
ARTICLE II     
 
ELIGIBILITY FOR PARTICIPATION
2.1    Determination of Eligible Employee.  With respect to all Plan Years commencing on or after July 1, 2011, Eligible Employees (with respect to both Annual Incentive Amounts and PBRS Awards) shall consist of all employees of the Company (or of any subsidiary that is incorporated in any State in the United States of America), determined as of July 1 of each Plan Year, that are (x) in executive letter grade positions, and (y) eligible to receive compensation pursuant to an annual cash incentive plan, or annual cash bonus plan or program; provided, however, that any employee whose home country is not the United States of America shall not be considered an Eligible Employee hereunder.    
2.2    Participation.  An Eligible Employee shall become a Participant in the Plan by electing to make a deferral of Annual Incentive Amounts or PBRS Awards in a Plan Year in accordance with Article III.  
2.3    Amendment of Eligibility Criteria.  The Committee may, in its discretion, change which employees are Eligible Employees under the Plan for any reason, including to comply with any applicable laws relating to the operation of the Plan. Eligibility for participation in one Plan Year does not guarantee eligibility to participate in any future Plan Year.
ARTICLE III     
ELECTIONS
3.1    Election to Defer Annual Incentive Amounts and PBRS Awards.
(a)    Timing of Election to Defer Annual Incentive Amounts and PBRS Awards.  An Eligible Employee may elect to defer Annual Incentive Amounts and/or PBRS Awards only during the Enrollment Period.  
(b)    Amount Eligible for Deferral.  
(1)    As of July 1, 2010, an Eligible Employee may elect to defer up to up to 100% of his Annual Incentive Amounts.  As of July 1, 2011, an Eligible Employee may elect to defer up to up to 100% of his PBRS Awards.  The Committee may change the amount or percentage that may be deferred in respect of any Plan Year at any time, or from time to time. 
(2)    If necessary, the total amount deferred by a Participant shall be reduced in 1% increments in order to satisfy Social Security Tax (including Medicare), income tax withholding for compensation that cannot be deferred, employee benefit plan withholding requirements and any other withholding requirements.
(c)    Irrevocable Elections.  Elections to defer Annual Incentive Amounts and PBRS Awards shall become irrevocable as of the date for such Plan Year set by the Committee in its sole discretion, which (i) in the case of an Annual Bonus Payment shall in no event be later than six months before the conclusion of the performance period with respect to which the Annual Bonus Payment relates, (ii) in the case of a Qualifying Sales Bonus shall in no event be later than the December 31 of the calendar year preceding the calendar year in which the Qualifying Sales Bonus will be earned, and (iii) in case of a PBRS Award shall in no event be later than six months before the conclusion of the performance period with respect to which the PBRS Award relates.
(d)    Duration of Election.  An Eligible Employee’s election to defer Annual Incentive Amounts and/or PBRS Awards for any Plan Year is effective only for such Plan Year.
(e)    Method of Election.  Elections to participate may be made in writing, through an electronic medium such as a website enrollment window or an email enrollment form or through a Plan Administrator, provided that the election is binding when made and there is sufficient record of when such election is made.
3.2    Elections as to Time and Form of Payment.  During the Enrollment Period, a Participant shall make an election regarding the time and form of payment of the Annual Incentive Amounts and PBRS Awards deferred for that Plan Year (and all earnings and losses (based on the Investment Rate) attributable thereto, including in respect of Dividend Equivalents).  
(a)    Elections as to Time.  A Participant shall elect to receive a distribution of his Annual Incentive Amounts and PBRS Awards to be deferred for a Plan Year (and all earnings and losses (based on the Investment Rate) attributable thereto, including in respect of Dividend Equivalents) (i) on an In-Service Distribution Date, (ii) on a Separation from Service Distribution Date or (iii) a portion on an In-Service Distribution Date and a portion on a Separation from Service Distribution Date; provided, however, that a Participant’s In-Service Distribution Date may be no earlier than five years following the date on which the deferral of Annual Incentive Amounts and PBRS Awards, as applicable, is made.  
(b)    Elections as to Form.  A Participant shall elect the form of the distribution of his Annual Incentive Amounts and PBRS Awards, whether in a lump sum payment or in annual installments. If no such election is made, the Participant shall be deemed to have elected to receive payment in a lump sum. A Participant may elect annual installments to be paid over a period not to exceed fifteen years. A Participant’s election to receive payment in annual installments on a Separation from Service is subject to the terms of Section 6.2(a)(2). 
(c)    Application of Election. An election as to time and form of payment made with respect to a given Plan Year shall apply only to the Annual Incentive Amounts and PBRS Awards deferred for such Plan Year. 
(d)    No Changes Permitted. Except as permitted by Section 3.2(e) below, elections as to time and form of payment shall become irrevocable as of December 31 of the Plan Year for which Annual Incentive Amounts and PBRS Awards, as applicable, are deferred.
(e)    Subsequent Changes in Time and Form of Payment.  A Participant may delay the timing of a previously-scheduled payment or may change the form of a payment only if such subsequent deferral election meets all of the following requirements:
(i)    the subsequent deferral election shall not take effect until at least 12 months after the date on which it is made;
(ii)    the election must be made at least 12 months prior to the date the payment is scheduled to be made.  For installment payments, the election must be made at least 12 months prior to the date the first payment in such installment was scheduled to be made; and
(iii)    the subsequent deferral election must delay the payment for at least five years from the date the payment would otherwise have been made.  For installment payments, the delay is measured from the date the first payment was scheduled to be made.
A Participant may make only one subsequent change with respect to deferrals made for a specific Plan Year.  
(f)    Initial elections and subsequent elections, if any, may be made in writing or through an electronic medium such as a website enrollment window or though an email enrollment form or through a Plan Administrator, provided that there is sufficient record of when such election is made.
3.3    Elections as to Deemed Investment Choices.
(a)    Prior to the date on which the actual deferral of an Annual Incentive Amount in respect of Plan Year is made by the Company, a Participant shall make an election regarding how such Annual Incentive Amount shall be deemed to be invested for purposes of determining the amount of earnings or losses to be credited to the Participant’s Accounts.  If no such election is made in respect of Annual Incentive Amounts deferred in any Plan Year, then (i) the Participant shall be deemed to have made the same election made by such Participant in respect of the most recent Plan Year in which there was a deferral of Annual Incentive Amounts, and (ii) if no election contemplated by clause (i) has been made, the deferred Annual Incentive Amounts shall be deemed invested in the most risk-free type of Fund, as determined by the Committee in its sole and absolute discretion.
(b)    Dividend Equivalents shall be deemed to be invested in the Fund specified for such purpose by the Committee from time to time and communicated to the Participant, and if no such communication is made, in the most risk-free type of Fund, as determined by the Committee in its sole and absolute discretion.
(c)    The Committee shall select from time to time, in its sole and absolute discretion, investments of various types that shall be communicated to the Participant.  The Investment Rate applicable to each Fund shall be used to determine the amount of earnings or losses to be credited to Participant’s Bonus Deferral Subaccount and Company Matching Contribution Subaccount (and the portion of the Company Stock Unit Subaccount attributable solely to Dividend Equivalents).  Deemed investment choices shall not be changed unless the Committee promulgates a rule of general application permitting such changes.
ARTICLE IV     
DEFERRAL ACCOUNTS
4.1    Bonus Deferral Subaccount.  The Company or Plan Administrator shall establish and maintain a Bonus Deferral Subaccount for each Participant under the Plan.  Each Participant’s Bonus Deferral Subaccount shall be further divided into separate subaccounts (“investment fund subaccounts”), each of which corresponds to a Fund elected by the Participant.  A Participant’s Bonus Deferral Subaccount shall be credited as follows:
(g)    on the day the amounts are withheld and/or deferred from a Participant’s Annual Incentive Amounts, with an amount equal to the Annual Incentive Amounts deferred by the Participant; and
(h)    on a daily basis, each investment fund subaccount of a Participant’s Bonus Deferral Subaccount shall be credited with earnings or losses based on the applicable Investment Rate.
4.2    Company Matching Contributions.  The Company shall match 50% of the first $20,000 of Annual Incentive Amounts deferred by a Participant with respect to a Plan Year, but only if the Participant has elected for such Annual Incentive Amounts to be distributed following the Participant’s Separation from Service; provided, however, that this matching contribution shall not be made with respect to any Participant who is either (i) an “officer” of the Company (as such term is defined under Rule 3b-7 of the Exchange Act) or (ii) a Corporate Vice President of the Company, in either case, determined as of the first day of the Plan Year.
4.3    Company Matching Contribution Subaccount.  The Company or Plan Administrator shall establish and maintain a Company Matching Contribution Subaccount for each Participant who receives a Company Matching Contribution under the Plan.  A Participant’s Company Matching Contribution Subaccount shall be further divided into separate investment fund subaccounts, each of which corresponds to a Fund elected by the Participant. A Participant’s Company Matching Contribution Subaccount shall be credited as follows:
(a)    on the day such amount is deemed contributed, with an amount equal to the Company Matching Contribution Amount, if any; and
(b)    on a daily basis, each investment fund subaccount of a Participant’s Company Matching Contribution Subaccount shall be credited with earnings or losses based on the applicable Investment Rate.
4.4    Company Stock Unit Subaccount.  The Company or Plan Administrator shall establish and maintain a Company Stock Unit Subaccount for each Participant who elects to defer receipt of a PBRS Award.  A Participant’s Company Stock Unit Subaccount shall be credited as follows:
(a)    on the day shares of Company Common Stock would otherwise be issued to the Participant under the PBRS Program, with a number of Company stock units equal to the number of shares of Company Common Stock earned by the Participant under the PBRS Program; and
(b)    on the day dividends are paid to stockholders of the Company in respect of shares of Company Common Stock, an amount equal to the Dividend Equivalents; and
(c)    on a daily basis, the investment fund subaccount of a Participant’s Company Stock Unit Subaccount shall be credited with earnings or losses on the Dividend Equivalents based on the applicable Investment Rate.
ARTICLE V     
VESTING
5.1    Vesting.  A Participant shall be 100% vested at all times in his or her Bonus Deferral Subaccount.  A Participant shall vest in his or her Company Matching Contribution Account at the time such Participant either (i) attains 65 years of age, or (ii) attains ten (10) years of service credited with the Company and its subsidiaries.  The Committee in its sole discretion may credit a Participant with additional periods of service solely for purposes of vesting in his or her Company Matching Contribution Account.  A Participant shall vest in his or her Company Stock Unit Subaccount with respect to the Company stock units therein attributable to a PBRS Award on the date on which such PBRS Award would otherwise have vested had the Participant not elected to defer receipt of the Company Common Stock issuable pursuant to such PBRS Award.  A Participant shall be 100% vested at all times in the portion of his or her Company Stock Unit Subaccount attributable to Dividend Equivalents (and earnings and losses attributable thereto), notwithstanding that the underlying Company stock units in respect of which such Dividend Equivalents are credited may not yet have vested  
5.2    Vesting Upon Death or Disability.  Upon death or the Disability of a Participant, the Participant shall be 100% vested in his or her Company Matching Contribution Subaccount.
ARTICLE VI     
DISTRIBUTIONS
Distributions from the Plan shall be made only in accordance with this Article VI.  All distributions shall be in cash, except as otherwise may occur pursuant to Section 6.3, or as provided in Section 6.5, in either case, in respect of PBRS Awards.
6.1    Distribution of Accounts While Employed.
(c)    Scheduled Distributions.  
(2)    In respect of all Distributable Amounts payable in a lump sum on an In-Service Distribution Date, the value thereof shall be determined as of the ninth day of the month of September in which the In-Service Distribution Date occurs, and the distribution thereof shall be made as soon as administratively possible (and in no event later than 90 days) thereafter. In respect of all Distributable Amounts payable in installments on an In-Service Distribution Date, all installments shall be valued as of the ninth day of the month of September in each applicable year, and the distribution thereof shall be made as soon as administratively practicable (and in no event later than 90 days) thereafter.  
(3)    In the event a Participant has a Separation from Service prior to such Participant’s In-Service Distribution Date, then the provisions of Section 6.2 shall instead apply to such distribution.
(d)    Except as provided in Section 6.3, no unscheduled in-service distributions are permitted.
6.2    Distribution of Accounts after Separation from Service.  If a Participant has a Separation from Service, the provisions of this Section 6.2 shall apply to the distribution of the Participant’s Accounts.
(d)    Separation from Service.
(1)    Age 55 with Ten Years of Service, or Age 65.  At the time of the Participant’s Separation from Service, if the Participant has either (i) attained age 55 and has completed ten years of service, or (ii) attained age 65, then the Participant’s Account shall be distributed in accordance with the Participant’s elections.  
(A)    Lump Sum.  For Distributable Amounts for which the Participant has elected (or be deemed to have elected) a lump sum, the value thereof shall be determined as of the ninth day of the seventh month following the Separation from Service, and the distribution thereof shall be made as soon as administratively possible (and in no event later than 90 days) thereafter.  If (i) a Participant has made an irrevocable election to defer his Annual Incentive Amounts, (ii) such Annual Incentive Amounts are deferred after the Participant’s Account has been distributed, and (iii) the Participant had elected to receive a lump sum distribution, then the additional Account balance shall be valued and distributed on the ninth day of the month immediately following the date the Annual Incentive Amounts are deferred. 
(B)    Installment Payments.  For Distributable Amounts for which the Participant has elected installments, (i) the first installment shall be valued as of the ninth day of the seventh month following the Separation from Service, and the distribution thereof shall be made as soon as administratively possible (and in no event later than 90 days) thereafter, and (ii) each subsequent installment shall be valued as of the ninth day of September of each of the following calendar years, and the distribution thereof shall be made as soon as administratively possible (and in no event later than 90 days) thereafter. For the avoidance of doubt, under no circumstances shall two installments be paid in a single calendar year. If (x) a Participant has made an irrevocable election to defer his Annual Incentive, (y) such Annual Incentive is deferred after the Participant’s Account has started to be distributed, and (z) the Participant had elected to receive installment payments, the additional deferral shall be added to the Participant’s balance in his Bonus Deferral Subaccount and shall be distributed in accordance with the installment election. 
(2)    All other Separations from Service.  If, at the time of the Participant’s Separation from Service, a Participant has neither (i) attained age 55 and has completed ten years of service nor (ii) attained age 65, then the Participant’s entire Account balance shall be distributed in a single lump sum.  In any such case, the Distributable Amounts shall be valued as of the ninth day of the seventh month following the Separation from Service, and the distribution thereof shall be made as soon as administratively possible (and in no event later than 90 days) thereafter. 
(e)    Death.  In the case of the death of a Participant, either while employed by the Company or prior to distribution of the Participant’s entire Account balance, the Participant’s Account balance shall be distributed to the Participant’s Beneficiary as soon as administratively possible and in no event later than 90 days following the death of the Participant.  The value of the Participant’s Account shall be determined as of the date on which the Participant dies.
(f)    Disability.  In the case of the Disability of a Participant prior to the commencement of distribution of the Participant’s Account balance, the Participant’s Account balance shall be distributed to the Participant in a lump sum as soon as administratively possible (and in no event later than 90 days) after it has been determined by the Committee that the Participant suffers from a Disability.  The value of the Participant’s Account shall be determined as of the date on which it has been determined by the Committee that the Participant suffers from a Disability.
6.3    Unforeseeable Emergency.  A Participant shall be permitted to elect a distribution from his Bonus Deferral Subaccount, vested Company Matching Contribution Subaccount and/or vested Company Stock Unit Subaccount, if any, prior to the date the Accounts were otherwise to be distributed in the event of an Unforeseeable Emergency, subject to the following restrictions:
(a)    the election to take a distribution due to an Unforeseeable Emergency shall be made by requesting such a distribution in writing to the Committee, including the amount requested and a description of the need for the distribution;
(b)    the Committee shall make a determination, in its sole discretion, that the requested distribution is on account of an Unforeseeable Emergency; and
(c)    the Unforeseeable Emergency cannot be relieved (i) through reimbursement or compensation by insurance or otherwise, (ii) by liquidation of the Participant’s assets, to the extent the liquidation of assets would not itself cause severe financial hardship, or (iii) by cessation of deferrals under this Plan.
The amount determined by the Committee as distributable due to an Unforeseeable Emergency shall be paid within 30 days after the request for the distribution is approved by the Committee.  The value of the Participant’s Account shall be determined as of the date on which the distribution request was made.
6.4    Valuation Date. In the event that any valuation date contemplated by Section 6.1 or Section 6.2 is not a business day, then the valuation date shall be the immediately preceding business day.
6.5    PBRS Awards.  All distributions from the Company Stock Unit Subaccount attributable to deferrals of PBRS Awards (but not Dividend Equivalents or earnings and losses attributable to such Dividend Equivalents) shall be made in the form of one share of Company Common Stock for each Company stock unit therein.  All shares of Company Common Stock ultimately distributed in respect of Company stock units under the Company Stock Unit Subaccount will be issued under the 2008 Omnibus Award Plan (or any successor plan).  
ARTICLE VII     
ADMINISTRATION
7.1    Committee.  A Committee shall be appointed by, and serve at the pleasure of, the Compensation Committee.  The number of members comprising the Committee shall be determined by the Compensation Committee, which may from time to time vary the number of members.  A member of the Committee may resign by delivering a written notice of resignation to the Compensation Committee.  The Compensation Committee or the Board may remove any member, with or without cause, by delivering a copy of its resolution of removal to such member.
7.2    Committee Action.  The Committee shall act at meetings by affirmative vote of a majority of the members of the Committee.  Any action permitted to be taken at a meeting may be taken without a meeting if, prior to such action, a written consent to the action is signed by a majority of members of the Committee and such written consent is filed with the minutes of the proceedings of the Committee.  A member of the Committee shall not vote or act upon any matter which relates solely to himself or herself as a Participant.  Any member of the Committee may execute any certificate or other written direction on behalf of the Committee.
7.3    Powers of the Committee.  The Committee, on behalf of the Participants and their Beneficiaries, shall enforce the Plan in accordance with its terms, shall be charged with the general administration of the Plan, and shall have all powers necessary to accomplish its purposes, including, but not limited to, the following:
(a)    to select the Funds;
(b)    to construe and interpret the terms and provisions of this Plan;
(c)    to compute and certify to the amount and kind of benefits payable to Participants and their Beneficiaries;
(d)    to maintain all records that may be necessary for the administration of the Plan;
(e)    to provide for the disclosure of all information and the filing or provision of all reports and statements to Participants, Beneficiaries or governmental agencies as shall be required by law;
(f)    to make and publish such rules for the regulation of the Plan and procedures for the administration of the Plan as are not inconsistent with the terms hereof;
(g)    to appoint a Plan Administrator, or any other agent, and to delegate to them such powers and duties in connection with the administration of the Plan as the Committee may from time to time prescribe; and
(h)    to take all actions necessary for the administration of the Plan.
7.4    Construction and Interpretation.  The Committee shall have full discretion to construe and interpret the terms and provisions of this Plan, which interpretations or construction shall be final and binding on all parties, including but not limited to the Company and any Participant or Beneficiary.
7.5    Compensation, Expenses and Indemnity.
(a)    The members of the Committee shall serve without compensation for their services hereunder.
(b)    The Committee is authorized at the expense of the Company to employ such legal counsel as it may deem advisable to assist in the performance of its duties hereunder.  Expenses and fees in connection with the administration of the Plan shall be paid by the Company.
ARTICLE VIII     
MISCELLANEOUS
8.1    Unsecured General Creditor.  Participants and their Beneficiaries, heirs, successors, and assigns shall have no legal or equitable rights, claims, or interest in any specific property or assets of the Company.  No assets of the Company shall be held in any way as collateral security for the fulfilling of the obligations of the Company under this Plan.  Any and all of the Company’s assets shall be, and remain, the general unpledged, unrestricted assets of the Company.  The Company’s obligation under the Plan shall be merely that of an unfunded and unsecured promise of the Company to pay money in the future, and the rights of the Participants and Beneficiaries shall be no greater than those of unsecured general creditors.  It is the intention of the Company that this Plan be unfunded for purposes of the Code and for purposes of Title I of ERISA.
8.2    Restriction Against Assignment.  The Company shall pay all amounts payable hereunder only to the person or persons designated by the Plan and not to any other person or corporation.  No part of a Participant’s Accounts shall be liable for the debts, contracts, or engagements of any Participant, his or her Beneficiary, or successors in interest, nor shall a Participant’s Accounts be subject to execution by levy, attachment, or garnishment or by any other legal or equitable proceeding, nor shall any such person have any right to alienate, anticipate, sell, transfer, commute, pledge, encumber, or assign any benefits or payments hereunder in any manner whatsoever. Notwithstanding anything in the Plan to the contrary, a Participant shall be permitted to instruct the Committee (which instruction shall be effective unless the Committee disapproves the instruction) that all or a portion of his or her Accounts be assigned and conveyed to another person or entity pursuant to a domestic relations order (as defined in Section 414(p)(1)(B) of the Code), and payments pursuant to any such Accounts (or portion thereof) that have been so assigned and conveyed may be paid to such other person or entity in accordance therewith (and to the extent permitted under Section 409A of the Code).
8.3    Withholding.  There shall be deducted from each payment made under the Plan or any other compensation payable to the Participant (or Beneficiary) all taxes which are required to be withheld by the Company in respect to such payment or this Plan.  The Company shall have the right to reduce any payment (or compensation), or the amount credited to a Participant’s Account, by the amount of cash (or equivalent value of Company stock units, as applicable, as determined by the Committee) sufficient to provide the amount of said taxes.
8.4    Amendment, Modification, Suspension or Termination.  The Compensation Committee may amend, modify, suspend or terminate the Plan in whole or in part, except that no amendment, modification, suspension or termination shall have any retroactive effect to reduce any amounts allocated to a Participant’s Accounts.  The Committee may also amend the Plan, provided that the Committee may only adopt amendments that (i) do not have a negative material financial impact on the Company; or (ii) are required by tax or legal statutes, regulations or pronouncements.
8.5    Governing Law.  Except to extent preempted by Federal law, this Plan shall be governed by and construed in accordance with the internal laws of the State of Delaware applicable to contracts made and performed wholly within the State of Delaware, without giving effect to the conflict of laws provisions thereof.
8.6    Receipt or Release.  Any payment to a Participant or the Participant’s Beneficiary in accordance with the provisions of the Plan shall, to the extent thereof, be in full satisfaction of all claims against the Committee and the Company.  The Committee may require such Participant or Beneficiary, as a condition precedent to such payment, to execute a receipt and release to such effect.
8.7    Limitation of Rights and Employment Relationship.  Neither the establishment of the Plan nor any modification thereof, nor the creating of any fund or account, nor the payment of any benefits shall be construed as giving to any Participant, or Beneficiary or other person any legal or equitable right against the Company except as provided in the Plan; and in no event shall the terms of employment of any Employee or Participant be modified or in any way be affected by the provisions of the Plan.
8.8    Headings.  Headings and subheadings in this Plan are inserted for convenience of reference only and are not to be considered in the construction of the provisions hereof.
8.9    Section 409A.  All provisions of the Plan shall be construed and interpreted in a manner consistent with the requirements for avoiding taxes or penalties under Section 409A of the Code (“Section 409A”).  If the Committee determines that any amounts payable hereunder may be taxable to a Participant under Section 409A, the Company may (i) adopt such amendments to the Plan and appropriate policies and procedures, including amendments and policies with retroactive effect, that the Committee determines necessary or appropriate to preserve the intended tax treatment of the benefits provided by the Plan and/or (ii) take such other actions as the Committee determines necessary or appropriate to avoid or limit the imposition of an additional tax under Section 409A; provided, that the Company shall have no liability to a Participant or Beneficiary with respect to the tax imposed by Section 409A.
As evidence of the amendment and restatement of this Plan, effective  
January 11, 2013, by Automatic Data Processing, Inc., this document is signed by a duly authorized officer.
AUTOMATIC DATA PROCESSING, INC.
		
	By:_/s/ Michael A. Bonarti
	 
Name: Michael A. Bonarti 
Title: Vice President, General Counsel and Secretary

1CSC 12.28.2012 Q3 10-Q EX 10.29

COMPUTER SCIENCES CORPORATION
DEFERRED COMPENSATION PLAN
AND SUMMARY PLAN DESCRIPTION

Amended and Restated Effective as of December 31, 2012

Deferred Compensation Plan

TABLE OF CONTENTS
Page
PART A
ARTICLE I - DEFINITIONS
		
	Section 1.1 - General ................................................................
	3

Section 1.2 - Administrator .......................................................    3
Section 1.3 - Board ..................................................................    3
Section 1.4 - Change in Control .................................................    3
Section 1.5 - Chief Executive Officer ..........................................    4
Section 1.6 - Code ...................................................................    4
Section 1.7 - Committee ...........................................................    4
Section 1.8 - Company .............................................................    4
Section 1.9 - Delegate  ............................................................    4
Section 1.10 - Eligible Key Executive ...........................................    4
Section 1.11 - Employee ............................................................    4
Section 1.12 - ERISA .................................................................    5
Section 1.13 - Exchange Act ......................................................    5
Section 1.14 - Hardship .............................................................    5
Section 1.15 - Part A Account ......................................................    5
Section 1.16 - Part A Deferred Compensation ............................    5
Section 1.17 - Part A Election Form ............................................    5
Section 1.18 - Part A Participant .................................................    6
Section 1.19 - Partial First Plan Year ............................................    6
Section 1.20 - Payday ................................................................    6
Section 1.21 - Plan Year .............................................................    6
Section 1.22 - Qualified Bonus ....................................................    6
Section 1.23 - Qualified Salary ....................................................    6
Section 1.24 - Retirement ...........................................................    6
Section 1.25 - Section 401(a)(17) Limitation .................................    6
Section 1.26 - Separation from Service ........................................    7
ARTICLE II - ELIGIBILITY
		
	Section 2.1 - Requirements for Participation .................................
	7

Section 2.2 - Deferral Election Procedure .....................................    7
Section 2.3 - Content of Part A Election Form ...............................    8
ARTICLE III - PARTICIPANTS' DEFERRALS
		
	Section 3.1 - Deferral of Qualified Bonus and 
 Qualified Director Compensation ............................
	8

Section 3.2 - Deferral for Partial First Plan Year ............................    9
Section 3.3 - Deferral for Qualified Salary ....................................    9

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Deferred Compensation Plan

ARTICLE IV - DEFERRED COMPENSATION ACCOUNTS
		
	Section 4.1 - Part A Deferred Compensation Accounts .................
	10

Section 4.2 - Crediting of Part A Deferred Compensation ..............    10
Section 4.3 - Crediting of Earnings ..............................................    10
Section 4.4 - Applicability of Part A Account Values ......................    11
Section 4.5 - Vesting of Part A Deferred Compensation Accounts .    11
Section 4.6 - Assignments, Etc. Prohibited ...................................    11
ARTICLE V - DISTRIBUTIONS OF DEFERRED COMPENSATION ACCOUNTS
		
	Section 5.1 - Distributions upon a Key Executive's Retirement and 
 a Nonemployee Director's Separation from Service .
	12

		
	Section 5.2 - Distributions upon a Key Executive's 
 Pre-Retirement Separation from Service .................
	12

Section 5.3 - Distributions upon a Part A Participant's Death ........    13
Section 5.4 - Optional Distributions ..............................................    13
Section 5.5 - Applicable Taxes ....................................................    14
ARTICLE VI - WITHDRAWALS FROM DEFERRED COMPENSATION ACCOUNTS
Section 6.1 - Hardship Distributions from Part A Accounts ............    14
Section 6.2 - Elective Distributions after a Change in Control ........    14
Section 6.3 - Other Elective Distributions ...................................    15
Section 6.4 - Payment of Withdrawals...........................................    15
Section 6.5 - Effect of Withdrawals...............................................    15
Section 6.6 - Applicable Taxes ...................................................    15
ARTICLE VII - ADMINISTRATIVE PROVISIONS
Section 7.1 - Administrator's Duties and Powers ..........................    16
Section 7.2 - Limitations Upon Powers ........................................    16
Section 7.3 - Final Effect of Administrator Action ..........................    16
Section 7.4 - Delegation by Administrator.....................................    17
Section 7.5 - Indemnification by the Company; Liability Insurance .    17
Section 7.6 - Recordkeeping .......................................................    17
Section 7.7 - Statement to Part A Participants ..............................    18
Section 7.8 - Inspection of Records .............................................    18
Section 7.9 - Identification of Fiduciaries ......................................    18
Section 7.10 -Procedure for Allocation of Fiduciary Responsibilities.    18
Section 7.11- Claims Procedure ...................................................    18
Section 7.12- Conflicting Claims ..................................................    20
Section 7.13- Service of Process .................................................    21
ARTICLE VIII - MISCELLANEOUS PROVISIONS
		
	Section 8.1 - Termination of Part A of the Plan ............................
	21

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Deferred Compensation Plan

		
	Section 8.2 - Limitation on Rights of Part A Participants ...............
	21

		
	Section 8.3 - Consolidation or Merger; Adoption of Plan by 
 Other Companies ....................................................
	22

Section 8.4 - Errors and Misstatements ........................................    22
Section 8.5 - Payment on Behalf of Minor, Etc. .............................    22
Section 8.6 - Amendment of Plan ................................................    22
Section 8.7 - Funding .................................................................    23
Section 8.8 - Governing Law ......................................................    23
Section 8.9 - Pronouns and Plurality ............................................    24
Section 8.10 - Titles ...................................................................    24
Section 8.11 - References ...........................................................    24

PART B
ARTICLE IX - DEFINITIONS
		
	Section 9.1 - General ................................................................
	25

Section 9.2 - Administrator .......................................................    25
Section 9.3 - Board ..................................................................    25
Section 9.4 - Change in Control .................................................    25
Section 9.5 - Chief Executive Officer ..........................................    25
Section 9.6 - Code ...................................................................    25
Section 9.7 - Committee ...........................................................    26
Section 9.8 - Company .............................................................    26
Section 9.9 - Delegate  ............................................................    26
Section 9.10 - Disability ............................................................    26
Section 9.11 - Eligible Key Executive ...........................................    26
Section 9.12 - Employee ............................................................    26
Section 9.13 - ERISA .................................................................    26
Section 9.14 - Exchange Act ......................................................    26
Section 9.15 - Hardship .............................................................    26
Section 9.16 - Part B Account ......................................................    27
Section 9.17 - Part B Deferred Compensation ............................    27
Section 9.18 - Part B Distribution Election ....................................    27
Section 9.19 - Part B Election Form ............................................    27
Section 9.20 - Part B Participant .................................................    27
Section 9.21 - Payday ................................................................    28
Section 9.22 - Performance-Based Compensation .....................    28
Section 9.23 - Plan Year .............................................................    28
Section 9.24 - Predecessor Plan ..................................................    28
Section 9.25 - Qualified Annual Bonus ........................................    28
Section 9.26 - Qualified Director Compensation ...........................    28
Section 9.27 - Qualified Quarterly Bonus .....................................    28
Section 9.28 - Qualified Salary ....................................................    28

iii
Deferred Compensation Plan

Section 9.29 - Retirement ...........................................................    29
Section 9.30 - Section 401(a)(17) Limitation .................................    29
Section 9.31 - Separation from Service ........................................    29
Section 9.32 - Specified Employee ..............................................    29
ARTICLE X - ELIGIBILITY
		
	Section 10.1 - Requirements for Participation .................................
	29

Section 10.2 - Deferral Election Procedure .....................................    29
Section 10.3 - Content of Part B Election Form ...............................    30
ARTICLE XI - PARTICIPANTS' DEFERRALS
		
	Section 11.1 - Deferral of Qualified Annual Bonus............................
	30

		
	Section 11.2 - Deferral for Qualified Salary, Qualified Director  
 Compensation and  Qualified Quarterly Bonus .....
	31

ARTICLE XII - DEFERRED COMPENSATION ACCOUNTS
		
	Section 12.1 - Part B Deferred Compensation Accounts ................
	32

Section 12.2 - Crediting of Part B Deferred Compensation ............    32
Section 12.3 - Crediting of Earnings ..............................................    32
Section 12.4 - Applicability of Part B Account Values ......................    33
Section 12.5 - Vesting of Part B Deferred Compensation Accounts     34
Section 12.6 - Assignments, Etc. Prohibited ...................................    34
ARTICLE XIII - DISTRIBUTIONS OF DEFERRED COMPENSATION ACCOUNTS
		
	Section 13.1 - Distributions upon a Key Executive's Retirement and 
 a Nonemployee Director's Separation from Service.
	34

		
	Section 13.2 - Distributions upon a Key Executive's 
 Pre-Retirement Separation from Service ................
	35

Section 13.3 - Distributions upon a Part B Participant's Death .....    35
Section 13.4 - Distributions upon a Part B Participant's Disability .    37
Section 13.5 - Distributions upon a Change in Control .................    38
Section 13.6 - Optional Distributions .............................................    38
		
	Section 13.7 - Required Delay in Payments to  
 Certain Part B Participants .....................................
	39

Section 13.8 - Ordering of Distribution Elections ..........................    39
		
	Section 13.9 - Timing of Distribution Elections for Certain  
 Section 409A Deferrals............................................
	40

Section 13.10 - Applicable Taxes ..................................................    40
ARTICLE XIV - WITHDRAWALS FROM DEFERRED COMPENSATION ACCOUNTS
Section 14.1 - Hardship Distributions from Part B Accounts ..........    40
Section 14.2 - Withdrawals to Pay Employment Taxes .................    40

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Deferred Compensation Plan

		
	Section 14.3 - Withdrawals Upon Amounts Becoming 
 Subject to Section 409A .......................................
	41

Section 14.4 - Payment of Withdrawals.........................................    41
Section 14.5 - Effect of Withdrawals...............................................    41
Section 14.6 - Applicable Taxes ...................................................    41
ARTICLE XV - ADMINISTRATIVE PROVISIONS
Section 15.1 - Administrator's Duties and Powers ..........................    42
Section 15.2 - Limitations Upon Powers ........................................    42
Section 15.3 - Final Effect of Administrator Action ..........................    42
Section 15.4 - Delegation by Administrator.....................................    43
Section 15.5 - Indemnification by the Company; Liability Insurance     43
Section 15.6 - Recordkeeping .......................................................    43
Section 15.7 - Statement to Part B Participants ..............................    44
Section 15.8 - Inspection of Records .............................................    44
Section 15.9 - Identification of Fiduciaries ......................................    44
Section 15.10-Procedure for Allocation of Fiduciary Responsibilities    44
Section 15.11- Claims Procedure ...................................................    44
Section 15.12- Conflicting Claims ..................................................    46
Section 15.13- Service of Process .................................................    47
ARTICLE XVI - MISCELLANEOUS PROVISIONS
		
	Section 16.1 - Termination of Part B of the Plan ............................
	47

		
	Section 16.2 - Limitation on Rights of Part B Participants ...............
	48

		
	Section 16.3 - Consolidation or Merger; Adoption of Plan by 
 Other Companies ....................................................
	48

Section 16.4 - Errors and Misstatements ........................................    48
Section 16.5 - Payment on Behalf of Minor, Etc. .............................    49
Section 16.6 - Amendment of Plan ................................................    49
Section 16.7 - Funding .................................................................    49
Section 16.8 - Governing Law ......................................................    50
Section 16.9 - Pronouns and Plurality ............................................    50
Section 16.10 - Titles ...................................................................    50
Section 16.11 - References ...........................................................    48

PART C
ARTICLE XVII - DEFINITIONS
		
	Section 17.1 - General 
	51

		
	Section 17.2 - Compensation 
	51

		
	Section 17.3 - Deferral Period 
	51

		
	Section 17.4 - Earnings 
	51

v
Deferred Compensation Plan

		
	Section 17.5 - Eligible Key Executive 
	52

		
	Section 17.6 - Part C Account 
	52

		
	Section 17.7 - Part C Deferred Compensation 
	53

		
	Section 17.8 - Part C Distribution Election 
	53

		
	Section 17.9 - Part C Election Form 
	53

		
	Section 17.10 - Part C Participant 
	53

ARTICLE XVIII - ELIGIBILITY
		
	Section 18.1 – Requirements for Participation 
	53

		
	Section 18.2 – Deferral Election Procedure ...............
	53

		
	Section 18.3 - Content of Part C Election Form
	54

ARTICLE XIX - PARTICIPANTS’ DEFERRALS
		
	Section 19.1 – Deferral of Compensation 
	54

		
	Section 19.2 - Defaults in Event of Incomplete or Inaccurate  
Deferral Documentation 
	55

ARTICLE XX - DEFERRED COMPENSATION ACCOUNTS
		
	Section 20.1 – Part C Deferred Compensation Accounts 
	56

		
	Section 20.2 – Crediting of Part C Deferred Compensation ........
	56

		
	Section 20.3 – Crediting of Earnings 
	57

		
	Section 20.4 - Applicability of Part C Account Values
	57

		
	Section 20.5 - Vesting of Part C Account Values
	57

		
	Section 20.6 - Assignments, Etc. Prohibited
	57

ARTICLE XXI – DISTRIBUTION OF DEFERRED COMPENSATION ACCOUNTS
		
	Section 21.1 - Retirement Accounts 
	58

		
	Section 21.2 - In-Service Account ...............
	58

		
	Section 21.3 - Death Benefits 
	59

		
	Section 21.4 - Change in Control 
	59

		
	Section 21.5 - Hardship Distributions 
	59

		
	Section 21.6 - Disability Distributions 
	60

Section 21.7 - Required Delay in Payments to Certain 
  Part C Participants        60
		
	Section 21.8 - Form of Payment 
	60

		
	Section 21.9 - Small Account 
	61

		
	Section 21.10 - Applicable Taxes 
	61

		
	Section 21.11 - Payments to Pay Employee Taxes
	61

		
	Section 21.12 - Payments Upon Amounts Becoming Subject to  
Section 409A of the code 
	61

		
	Section 21.13 - Payment of Withdrawals  ....................................
	61

vi
Deferred Compensation Plan

		
	Section 21.14 – Effect of Withdrawals  ........................................
	62

		
	Section 21.15 - Payments to Guardian 
	62

		
	Section 21.16 - Effect of Payment 
	62

ARTICLE XXII - BENEFICIARY DESIGNATION
		
	Section 22.1 - Beneficiary Designation 
	63

		
	Section 22.2 - Change Beneficiary ...............
	63

		
	Section 22.3 - No Beneficiary Designation 
	63

		
	Section 22.4 - Effect of Payment 
	63

APPENDIX A – NOTIONAL INVESTMENT OPTIONS  .........................    65

APPENDIX B – SUMMARY PLAN INFORMATION  ................................    66

vii
Deferred Compensation Plan

COMPUTER SCIENCES CORPORATION
DEFERRED COMPENSATION PLAN

As Amended and Restated Effective as of December 31, 2012
Computer Sciences Corporation, a Nevada corporation, by resolution of its Board of Directors dated August 14, 1995, adopted the Computer Sciences Corporation Deferred Compensation Plan (the “Plan”), which constituted a complete amendment and restatement of the Computer Sciences Corporation Nonqualified Deferred Compensation Plan (the “Predecessor Plan”), effective as of September 30, 1995, for the benefit of its Nonemployee Directors, as defined below, and certain of its Key Executives, as defined below.
The Plan was amended and restated effective as of February 2, 1998, as of August 13, 2001, as of December 9, 2002, as of August 11, 2003, as of January 1, 2005 (the “2005 Restatement”), as of October 28, 2007, and as of December 3, 2007 (the “2007 Restatement”).  The Plan is hereby amended and restated effective as of December 31, 2012 (the “2012 Restatement”).
The 2007 Restatement was intended to reflect the provisions of new Section 409A of the Code (as defined below) and the regulations and other Treasury Department guidance promulgated thereunder (“Section 409A”), and shall be interpreted accordingly.  The 2007 Restatement applied to (A) “amounts deferred” (within the meaning of Section 409A) by Key Executives in taxable years beginning after December 31, 2004 and ending (i) in the case calendar year deferrals, on December 31, 2012, or (ii) in the case of fiscal year deferrals, on March 31, 2013, and any earnings thereon and (B) amounts deferred by Nonemployee Directors in taxable years beginning both before and after December 31, 2004 and ending on December 31, 2012, and any earnings thereon (collectively, “2005-2012 Deferrals”).  The provisions of the Plan in existence prior to the 2005 Restatement shall continue to govern “amounts deferred” (within the meaning of Section 409A) by Key Executives that were earned in taxable years beginning before January 1, 2005, and any earnings thereon (collectively, “Grandfathered Deferrals”).  The 2012 Restatement adds Part C, which applies to “amounts deferred” (within the meaning of Section 409A) by Key Executives and Nonemployee Directors that were earned in taxable years beginning after December 31, 2012 (in the case of Key Executives, exclusive of amounts deferred on or about March 31, 2013 in accordance with a deferral election made prior to January 1, 2012), and any earnings credited under the Plan for periods on or after January 1, 2013 (“Post-2012 Deferrals).
As such, Part A of the Plan is applicable solely to Grandfathered Deferrals, Part B of the Plan is applicable solely to 2005-2012 Deferrals, and Part C of the Plan is applicable solely to Post-2012 Deferrals; provided, however, that earnings for periods on or after January 1, 2013 on Part A, Part B and Part C Account balances shall be determined under 

1

the 2012 Restatement.  Post-2012 Deferrals and 2005-2012 Deferrals are intended to comply in all respects with Section 409A (“Section 409A Deferrals”).
The Plan shall constitute two separate plans, one for the benefit of Nonemployee Directors (the “Nonemployee Director Plan”) and one for the benefit of Key Executives (the “Key Executive Plan”).  The Key Executive Plan is a nonqualified deferred compensation plan which is unfunded and is maintained primarily for the purpose of providing 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, as defined below.  The Nonemployee Director Plan is not subject to ERISA.  This document is also intended to constitute the Summary Plan Description for the Plan.  For purposes of the Plan, the term “Key Executive” shall mean any Employee of the Company who is an officer or other key executive of the Company and who qualifies as a “highly compensated employee or management employee” within the meaning of Title I of ERISA, and the term “Nonemployee Director” shall mean a member of the Board who is not an Employee. 

2

PART A 
Part A of the Plan is applicable and effective with respect to Grandfathered Deferrals.

ARTICLE I
DEFINITIONS
Section 1.1  General
In addition to the terms defined in the preamble to the Plan, whenever the following terms are used in Part A of the Plan with the first letter capitalized, they shall have the meaning specified below unless the context clearly indicates to the contrary.
Section 1.2  Administrator
“Administrator” shall mean Computer Sciences Corporation, acting through its Chief Executive Officer, except that if the Chief Executive Officer has appointed a Delegate under Section 7.4, the term “Administrator” shall mean the Delegate as to those duties, powers and responsibilities specifically conferred upon the Delegate.
Section 1.3  Board
“Board” shall mean the Board of Directors of Computer Sciences Corporation.  The Board may delegate any power or duty otherwise allocated to the Administrator to any other person or persons, including a Committee appointed under Section 7.4.
Section 1.4  Change in Control
“Change in Control” means, after September 30, 1995, (a) the acquisition by any person, entity or group (as defined in Section 13(d)3 of the Exchange Act), as beneficial owner, directly or indirectly, of securities of Computer Sciences Corporation representing twenty percent (20%) or more of the combined voting power of the then outstanding securities of Computer Sciences Corporation, (b) a change during any period of two (2) consecutive years of a majority of the Board as constituted as of the beginning of such period, unless the election of each director who was not a director at the beginning of such period was approved by vote of at least two-thirds of the directors then in office who were directors at the beginning of such period, (c) a sale of substantially all of the property and assets of Computer Sciences Corporation, (d) a merger, consolidation, reorganization or other business combination to which Computer Sciences Corporation is a party and the consummation of which results in the outstanding voting securities of Computer Sciences Corporation being exchanged for or converted into cash, property and/or securities not issued by Computer Sciences Corporation, (e) a merger, consolidation, reorganization or other business combination to which the Company is a party and the consummation of which does not result in the outstanding voting securities of the Company being exchanged for or converted into cash, property and/or securities not issued by the Company, provided 

3

that the outstanding voting securities of the Company immediately prior to such business combination (or, if applicable, the securities of the Company into which such voting securities are converted as a result of such business combination) represent less than 50% of the voting power of the Company immediately following such business combination, or (f) any other event constituting a change in control of Computer Sciences Corporation for purposes of Schedule 14A of Regulation 14A under the Exchange Act.
Section 1.5  Chief Executive Officer
“Chief Executive Officer” shall mean the Chief Executive Officer of Computer Sciences Corporation.
Section 1.6  Code
“Code” shall mean the Internal Revenue Code of 1986, as amended from time to time, together with regulations thereunder.
Section 1.7  Committee
“Committee” shall mean the Committee, if any, appointed in accordance with Section 7.4.
Section 1.8  Company
“Company” shall mean Computer Sciences Corporation and all of its affiliates, and any entity which is a successor in interest to Computer Sciences Corporation and which continues Part A of the Plan under Section 8.3(a).
Section 1.9  Delegate
“Delegate” shall mean the Delegate, if any, appointed in accordance with Section 7.4.
Section 1.10  Eligible Key Executive
“Eligible Key Executive” shall mean any Key Executive who has been designated as eligible to participate in Part A of the Plan with respect to any Plan Year beginning before January 1, 2005 by the Chief Executive Officer.
Section 1.11  Employee
“Employee” shall mean any person who renders services to the Company in the status of an employee as that term is defined in Code Section 3121(d), including officers but not including directors who serve solely in that capacity.

4

Section 1.12  ERISA
“ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended from time to time, together with regulations thereunder.
Section 1.13  Exchange Act
“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.
Section 1.14  Hardship
(a)    “Hardship’ of a Part A Participant, shall mean an unforeseeable emergency which constitutes a severe financial hardship resulting from any one or more of the following:
(i)    sudden and unexpected illness or accident of the Part A Participant or of a dependent (as defined in Code Section 152(a)) of the Part A Participant;
(ii)    loss of the Part A Participant’s property due to casualty; or
(iii)    any other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the Part A Participant’s control.
(b)    Notwithstanding subsection(a) above, a financial need shall not constitute a Hardship unless it is for at least $1,000.00 (or the entire principal amount of the Part A Participant's Part A Accounts, if less).
(c)    Whether a Part A Participant has incurred a Hardship shall be determined by the Administrator in its discretion on the basis of all relevant facts and circumstances and in accordance with nondiscriminatory and objective standards, uniformly interpreted and consistently applied.
Section 1.15  Part A Account
“Part A Account” of a Part A Participant shall mean the Part A Participant's individual deferred compensation account established for his or her benefit under Article IV hereof.
Section 1.16  Part A Deferred Compensation
“Part A Deferred Compensation” of a Part A Participant shall mean the amounts deferred by such Part A Participant under Article III of the Plan.
Section 1.17  Part A Election Form
“Part A Election Form” shall mean the form of election provided by the Administrator to each Eligible Key Executive pursuant to Section 3.1 or Section 3.3.

5

Section 1.18  Part A Participant
“Part A Participant” shall mean each Key Executive who elects to participate in Part A of the Plan as provided in Article II and who defers Qualified Bonus or Qualified Salary under Part A of the Plan.  Each of such persons shall continue to be a “Part A Participant” until they have received all benefits due under Part A of the Plan.
Section 1.19  Partial First Plan Year
“Partial First Plan Year” shall mean that portion of the first Plan Year of the Plan subject to its amendment and restatement effective as of September 30, 1995, which shall begin on September 30, 1995 and end on March 29, 1996.
Section 1.20  Payday
“Payday” of a Key Executive shall mean the regular and recurring established day for payment of Qualified Salary to such Key Executive.
Section 1.21  Plan Year
“Plan Year” shall mean the fiscal year of the Company.
Section 1.22  Qualified Bonus
“Qualified Bonus” of a Key Executive shall mean the Key Executive's annual cash bonus which may be payable to the Key Executive under the Computer Sciences Corporation Annual Incentive Plan or such other bonus or incentive compensation plan of the Company which may be designated from time to time by the Administrator.
Section 1.23  Qualified Salary
“Qualified Salary” of a Key Executive shall mean the Key Executive’s gross base salary which may be payable to the Key Executive on a Payday, including any portion thereof payable in the form of sick pay, vacation pay, pay in lieu of notice or jury pay, and determined before any exclusions, deductions or withholdings therefrom, 
Section 1.24  Retirement
“Retirement” shall mean, with respect to a Key Executive, a Separation from Service of such Key Executive (a) on or after attainment of age sixty-two (62) or (b) prior to attainment of age sixty-two (62) if the Chief Executive Officer shall designate such Separation from Service as Retirement for purposes of Part A of the Plan.

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Section 1.25  Section 401(a)(17) Limitation
“Section 401(a)(17) Limitation” with respect to a Key Executive’s Qualified Salary for a Payday  shall mean the amount equal to:
(a)    the annual compensation limit under Code Section 401(a)(17) in effect for the calendar year in which such Payday occurs, divided by
(b)    the total number of Paydays in a year for which such Key Executive’s gross base salary would be payable to such Key Executive, based on the regular and recurring manner of payment for such Key Executive in effect on such Payday, as determined by the Administrator.
Section 1.26  Separation from Service
“Separation from Service” of a Key Executive shall mean the termination of his or her employment with the Company by reason of resignation, discharge, death or Retirement.  A leave of absence or sick leave authorized by the Company in accordance with established policies, a vacation period or a military leave shall not constitute a Separation from Service; provided, however, that failure to return to work upon expiration of any leave of absence, sick leave, military leave or vacation shall be considered a resignation effective as of the date of expiration of such leave of absence, sick leave, military leave or vacation.

ARTICLE II
ELIGIBILITY
Section 2.1  Requirements for Participation
Any Eligible Key Executive shall be eligible to be a Part A Participant in the Plan.
Section 2.2  Deferral Election Procedure
For each Plan Year, the Administrator shall provide each Eligible Key Executive with a Part A Election Form on which such person may elect to defer his or her Qualified Bonus and Qualified Salary under Article III, but only to the extent such deferrals would qualify as Grandfathered Deferrals.  Each such person who elects to defer Qualified Bonus or Qualified Salary under Article III shall complete and sign the Part A Election Form and return it to the Administrator.

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Section 2.3  Content of Part A Election Form
Each Part A Participant who elects to defer Qualified Bonus or Qualified Salary under Part A of the Plan shall set forth on the Part A Election Form specified by the Administrator:
(a)    the amount of Qualified Bonus to be deferred under Article III and the Part A Participant’s authorization to the Company to reduce his or her Qualified Bonus by the amount of the Part A Deferred Compensation,
(b)    in the case of a Part A Participant who is an Eligible Key Executive, the amount of Qualified Salary to be deferred under Article III and the Part A Participant’s authorization to the Company to reduce his or her Qualified Salary by the amount of the Part A Deferred Compensation,
(c)    the length of time with respect to which the Part A Participant elects to defer the Part A Deferred Compensation,
(d)    the method under which the Part A Participant’s Part A Deferred Compensation shall be payable, and
(e)    such other information, acknowledgements or agreements as may be required by the Administrator.

ARTICLE III
PARTICIPANTS' DEFERRALS
Section 3.1  Deferral of Qualified Bonus
(a)    Each Eligible Key Executive may elect to defer into his or her Part A Account all or any portion of the Qualified Bonus which would otherwise be payable to him or her for any Plan Year in which he or she has not incurred a Separation from Service as of the first day of the Plan Year in question, but only to the extent such deferrals would qualify as Grandfathered Deferrals.  Such election shall be made by the Eligible Key Executive by completing and delivering to the Administrator his or her Part A Election Form for such Plan Year no later than the last day of the next preceding Plan Year, except (i) with respect to the Partial First Plan Year, in which case such election shall be made not later than September 29, 1995, and (ii) with respect to a person who first becomes an Employee during a Plan Year, which person may make such election within 30 days after first becoming an Employee. 
(b)    Any such election made by a Part A Participant to defer Qualified Bonus shall be irrevocable and shall not be amendable by the Part A Participant, except:

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(i)    as set forth in Sections 6.2 and 6.3 hereof; or
(ii)    in the event of a Hardship, a Part A Participant may terminate the Part A Participant’s deferral election for the Plan Year in which the Hardship occurs with respect to all Qualified Bonus which has not yet been deferred.
Section 3.2  Deferral for Partial First Plan Year
For the Partial First Plan Year, Part A Participants may defer any or all of the Qualified Bonus which is earned by them after September 29, 1995 and before March 30, 1996. 
Section 3.3  Deferral of Qualified Salary
(a)    Each Eligible Key Executive may elect to defer into his or her Part A Account all or a portion of the Qualified Salary which would otherwise be payable to him or her for any Plan Year in which he or she has not incurred a Separation from Service as of the first day of the Plan Year in question, but only to the extent such deferrals would qualify as Grandfathered Deferrals.  Such Eligible Key Executive may elect to defer his or her Qualified Salary for such Plan Year as follows:
(i)    such Eligible Key Executive may elect to defer all or any portion of the amount by which his or her Qualified Salary exceeds the Section 401(a)(17) Limitation, or
(ii)    such Eligible Key Executive may elect to defer all of the amount by which his or her Qualified Salary exceeds the greater of: (A) the dollar amount specified by such Eligible Key Executive under such election, or (B) the Section 401(a)(17) Limitation.
Such election shall be made by the Eligible Key Executive by completing and delivering to the Administrator his or her Part A Election Form for such Plan Year no later than the last day of the next preceding Plan Year.  Notwithstanding the foregoing, with respect to the period commencing on August 13, 2001 and ending on March 29, 2002, an Eligible Key Executive may only elect to defer Qualified Salary under this Section 3.3 if the Administrator designates such Eligible Key Executive as eligible to make such deferrals.  The Administrator shall determine the manner in which such Eligible Key Executive’s deferral election shall be made for the period described in the preceding sentence, and an Eligible Key Executive’s deferral election shall be made within 30 days of the designation of such Eligible Key Executive and shall only apply to Qualified Salary which would otherwise be payable after such deferral election is made.
(b)    Any such election made by a Part A Participant to defer Qualified Salary shall be irrevocable and shall not be amendable by the Part A Participant, except:
(i)    as set forth in Section 6.2 and 6.3; or

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(ii)    in the event of Hardship, a Part A Participant may terminate the Part A Participant’s deferral election for the Plan Year in which the Hardship occurs with respect to all Qualified Salary which has not yet been deferred.

ARTICLE IV
DEFERRED COMPENSATION ACCOUNTS
Section 4.1  Part A Deferred Compensation Accounts
The Administrator shall establish and maintain for each Part A Participant a Part A Account to which shall be credited the amounts allocated thereto under this Article IV and from which shall be debited the Part A Participant's distributions and withdrawals under Articles V and VI.
Section 4.2  Crediting of Part A Deferred Compensation
Each Part A Participant’s Part A Account shall be credited with an amount which is equal to the amount of the Part A Participant’s Qualified Bonus and Qualified Salary which such Part A Participant has elected to defer under Article III at the time such Qualified Bonus or Qualified Salary, whichever is applicable, would otherwise have been paid to the Part A Participant.  
Section 4.3  Crediting of Earnings
(a)Beginning on January 1, 2013 and for all periods thereafter subject to amendment by the Board, earnings shall be credited to or charged against a Participant’s Part A Account on each valuation date based on a rate equal to the aggregate rate of return on the notional investment options offered under the Plan and set forth in Appendix A hereof as selected by the Part A Participant.  Such rate of return shall be calculated by the Administrator based on the individual actual rates of return of each underlying fund corresponding to the notional investment option.  Earnings shall be credited or charged against a Participant’s Part A Account during periods in which such Participant has an outstanding balance in such Account.  The Administrator shall have the responsibility to calculate the rate of return for a notional investment option for any given period based on the actual return of the corresponding investment fund, and such calculation shall be conclusive and binding on all interested parties.  The Administrator shall solicit the initial notional investment election of Part A Participants with respect to one or more notional investment options in which the Part A Participant wishes to notionally invest their Part A Account.  Part A Participants may be permitted to elect to change their initial notional investment election in accordance with rules established by the Administrator.  The Administrator shall establish reasonable investment procedures with respect to the notional investment options offered by the Plan and Part A and Participants shall be required to comply with such procedures.  Such procedures shall include adequate disclosure of the Plan rules regarding the provision of investment directions to the Administrator with respect 

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to the Participant’s notional investment election and the transfer of Account balances from one notional investment option to another.  The Administrator shall designate one of the notional investment options as the default investment option in the event a Part A Participant fails to make an affirmative, timely and effective investment election.
(b)Beginning on March 29, 2003 and until December 31, 2012, for each Plan Year earnings shall be credited to each Part A Participant's Part A Account, at a rate equal to the 120-month rolling average yield to maturity of the index called the “Merrill Lynch U.S. Corporates, A Rated, 15+ Years Index” as of December 31 of the preceding Plan Year, compounded annually.  
(c)Beginning on September 30, 1995 and until March 28, 2003, for each Plan Year earnings shall be credited to each Part A Participant's Part A Account, at a rate equal to 120% of the 120-month rolling average yield to maturity  on 10‐year United States Treasury Notes as of December 31 of the preceding Plan Year, compounded annually.  
(d)Earnings shall be credited on such valuation dates as the Administrator shall determine.
Section 4.4  Applicability of Part A Account Values
The value of each Part A Participant's Part A Account as determined as of a given date under this Article, plus any amounts subsequently allocated thereto under this Article and less any amounts distributed or withdrawn under Articles V or VI shall remain the value thereof for all purposes of Part A of the Plan until the Part A Account is revalued hereunder.
Section 4.5  Vesting of Part A Deferred Compensation Accounts
Subject to the possible reductions provided for in Section 6.2 and 6.3 with respect to certain Part A Participant withdrawals, each Part A Participant's interest in his or her Part A Account shall be 100% vested and non-forfeitable at all times.
Section 4.6  Assignments, Etc. Prohibited
No part of any Part A Participant's Part A Account shall be liable for the debts, contracts or engagements of the Part A Participant, or the Part A Participant's beneficiaries or successors in interest, or be taken in execution by levy, attachment or garnishment or by any other legal or equitable proceeding, nor shall any such person have any rights to alienate, anticipate, commute, pledge, encumber or assign any benefits or payments hereunder in any manner whatsoever except to designate a beneficiary as provided in Section 5.3.

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ARTICLE V
DISTRIBUTIONS OF DEFERRED COMPENSATION ACCOUNTS
Section 5.1   Distributions upon a Key Executive's Retirement 
(a)    The Part A Account of a Key Executive who incurs a Separation from Service upon his or her Retirement, other than on account of death, shall be paid to the Part A Participant as specified in any election made by the Part A Participant pursuant to Section 5.4 hereof.  Any remaining balance of the Part A Participant's Part A Account shall be paid to the Part A Participant, as specified by the Part A Participant in an election made pursuant to this Section 5.1.  Such election shall specify (i) whether payment shall be made in a lump-sum distribution and/or in approximately equal annual installments over 5, 10 or 15 years, and (ii) whether payment(s) shall commence on the first, second, third, fourth or fifth  anniversary of the date of such Separation of Service, or shall commence within thirty (30) days following the date of such Separation from Service.  A Part A Participant may elect to receive payment of a portion of the amount distributable under this Section 5.1 in a lump-sum distribution and the balance of the amount distributable under this Section 5.1 in approximately equal annual installments over 5, 10 or 15 years.  A Part A Participant may elect a distribution pursuant to this Section 5.1 in such other forms, or payable upon such other commencement dates, as are specified by the Administrator; provided, however, that no such election shall provide for payments to be made more than 20 years after such Part A Participant’s Separation from Service.
(b)At the time a Part A Participant first elects to defer Qualified Bonus or Qualified Salary under Part A of the Plan, he or she shall make an election pursuant to this Section 5.1.  Such election shall remain in effect and shall apply to the Part A Participant's total Part A Account, as the same may increase or decrease from time to time.  An election pursuant to this Section 5.1 may be superseded by a subsequent election, which subsequent election shall then apply to the Part A Participant's total Part A Account, as the same may increase or decrease from time to time.  Notwithstanding the foregoing, no subsequent election pursuant to this Section 5.1 shall be effective unless it is made at least 13 months prior to the Part A Participant's Separation from Service.
Section 5.2   Distributions upon a Key Executive's Pre-Retirement Separation from Service
The Part A Account of a Key Executive who incurs a Separation from Service prior to his or her Retirement and other than on account of his or her death shall be paid to the Part A Participant in a lump-sum distribution within thirty (30) days following the date of such Separation from Service, notwithstanding any election to the contrary made by the Part A Participant pursuant to Section 5.4 hereof.  
Section 5.3  Distributions upon a Part A Participant's Death
(a)    Notwithstanding anything to the contrary in the Plan, the remaining balance of the Part A Account of a Part A Participant who dies (i) shall be paid to the persons and entities designated by the Part A Participant as his or her beneficiaries for such purpose 

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and (ii) shall be paid in the manner set forth in this Section 5.3.  With respect to a Part A Participant who does not incur a Separation from Service prior to his or her death, such balance shall be paid, as specified by the Part A Participant in an election made pursuant to this Section 5.3.  Such election shall specify whether payment shall be made (i) in a lump-sum distribution within thirty (30) days following the date of death or (ii) in accordance with the distribution election made pursuant to Section 5.1 hereof (in which case such Part A Participant’s death shall be considered the date of such Part A Participant’s Retirement for purposes of determining the date of commencement of distribution under such election).  With respect to a Part A Participant who does incur a Separation from Service prior to his or her death, such balance shall be paid, as specified by the Part A Participant in an election made pursuant to this Section 5.3.  Such election shall specify whether payment shall be made (1) in a lump-sum distribution within thirty (30) days following the date of death or (2) in accordance with the distribution election made pursuant to Section 5.1 hereof (with respect to the payments not yet made under such election). 
(b)    At the time a Part A Participant first elects to defer Qualified Bonus or Qualified Salary under Part A of the Plan, he or she shall make an election pursuant to this Section 5.3.  Such election shall remain in effect and shall apply to the Part A Participant's total Part A Account, as the same may increase or decrease from time to time.  An election pursuant to this Section 5.3 may be superseded by a subsequent election, which subsequent election shall then apply to the Part A Participant's total Part A Account, as the same may increase or decrease from time to time.  Notwithstanding the foregoing, no subsequent election pursuant to this Section 5.3 shall be effective unless it is made at least 13 months prior to the Part A Participant's Separation from Service.
Section 5.4  Optional Distributions
(a)    At the time a Part A Participant elects to defer Qualified Bonus or Qualified Salary for any Plan Year, he or she may also elect, pursuant to this Section 5.4, to receive a special, lump-sum distribution of any or all of the amount deferred for such Plan Year on a date specified by the Part A Participant in such election, which date must be at least 24 months after the date of such election.  Any such special distribution shall be made within five (5) business days after the date therefor specified by the Part A Participant, unless the Part A Participant shall have died on or prior to such date, in which case no such special distribution shall be made.
(b)    An election pursuant to this Section 5.4 may be superseded by one subsequent election; provided, however, that such subsequent election shall not be effective unless: (i) it is irrevocable; (ii) it is made at least 13 months prior to the Part A Participant's Separation from Service and at least 24 months prior to the date upon which the special distribution will be made; and (iii) the date of the special distribution specified in the subsequent election is earlier than the date specified in the initial election.
(c)    Notwithstanding the foregoing, an election pursuant to this Section 5.4 with respect to the Partial First Plan Year may be superseded by two subsequent elections; provided, however, that: (i) the first such subsequent election shall not be effective unless 

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it is made prior to March 30, 1996 and at least 13 months prior to the Part A Participant’s Separation from Service and at least 24 months prior to the date upon which the special distribution will be made; and (ii) the second such subsequent election satisfies all the requirements set forth in paragraph (b)(i), (ii) and (iii) of this Section 5.4.
Section 5.5  Applicable Taxes
All distributions under Part A of the Plan shall be subject to withholding for all amounts which the Company is required to withhold under federal, state or local tax law.

ARTICLE VI
WITHDRAWALS FROM DEFERRED COMPENSATION ACCOUNTS
Section 6.1  Hardship Distributions from Part A Accounts
By delivering a written election to such effect to the Administrator, at any time a Part A Participant may elect to take a distribution from the Part A Participant's Part A Account on account of the Part A Participant's Hardship, but only to the extent that the Hardship is not otherwise relievable:
(a)    through reimbursement or compensation by insurance or otherwise,
(b)    by liquidation of the Part A Participant’s assets (to the extent that such liquidation does not itself cause a Hardship), or
(c)    by cessation of deferrals under the Plan.
Section 6.2  Elective Distributions after a Change in Control 
At any time within three years after the occurrence of a Change in Control, any Part A Participant may elect to take a distribution of all or any part of such Part A Participant’s Part A Account by delivering a written election to such effect to the Administrator, provided, however, that if such a Part A Participant makes such an election (i) the Part A Participant shall forfeit, and the Part A Participant’s Part A Account shall be debited with, an amount equal to 5% of the amount of the distribution; (ii) the Part A Participant’s deferral election for the Plan Year in which the distribution occurs shall be terminated with respect to any Qualified Bonus and Qualified Salary which has not yet been deferred; and iii) the Part A Participant shall not be permitted to defer Qualified Bonus or keep Qualified Salary under Part A of the Plan for the two Plan Years immediately following the Plan Year of the distribution.

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Section 6.3  Other Elective Distributions
At any time, a Part A Participant may elect to take a distribution of all or any part of the Part A Participant's Part A Account by delivering a written election to such effect to the Administrator, provided, however, that if a Part A Participant makes such an election, (i) the Part A Participant shall forfeit, and the Part A Participant's Part A Account shall be debited with, an amount equal to 10% of the amount of the distribution, (ii) the Part A Participant's deferral election for the Plan Year in which the distribution occurs shall be terminated with respect to any Qualified Bonus and Qualified Salary which has not yet been deferred and (iii) the Part A Participant shall not be permitted to defer Qualified Bonus and Qualified Salary under Part A of the Plan for the two Plan Years immediately following the year of the distribution.
Section 6.4  Payment of Withdrawals
All withdrawals under this Article VI shall be paid within fifteen (15) days after a valid election to withdraw is delivered to the Administrator, except that thirty (30) days shall apply to withdrawals under Section 6.1. The Administrator shall give prompt notice to the Part A Participant if an election is invalid and is therefore rejected, identifying the reason(s) for the invalidity.  If the Administrator has not paid but has not affirmatively rejected an election within the applicable fifteen (15) or thirty (30) day deadline, then the election shall be deemed rejected, on the fifteenth (15th) day, or thirtieth (30th) day, as applicable.  If a withdrawal election is rejected, the Part A Participant may bring a claim for benefits under Section 7.11.
Section 6.5    Effect of Withdrawals
If a Part A Participant receives a withdrawal under this Article VI after payments have commenced under Section 5.1, the remaining payments shall be recalculated, by reamortizing the remaining payments over the remaining term and applying the then-current rate used to credit earnings under Section 4.3.
Section 6.6  Applicable Taxes
All withdrawals under Part A of the Plan shall be subject to withholding for all amounts which the Company is required to withhold under federal, state or local tax law.

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ARTICLE VII
ADMINISTRATIVE PROVISIONS
Section 7.1  Administrator's Duties and Powers
The Administrator shall conduct the general administration of Part A of the Plan in accordance with Part A of the Plan and shall have all the necessary power, authority and discretion to carry out that function.  Among its necessary powers and duties are the following:
(a)    To delegate all or part of its function as Administrator to others and to revoke any such delegation.
(b)    To determine questions of eligibility of Part A Participants and their entitlement to benefits, subject to the provisions of Section 7.11.
(c)    To select and engage attorneys, accountants, actuaries, trustees, appraisers, brokers, consultants, administrators, physicians, or other persons to render service or advice with regard to any responsibility the Administrator or the Board has under Part A of the Plan, or otherwise, to designate such persons to carry out fiduciary responsibilities under Part A of the Plan, and (together with the Committee, the Company, the Board and the officers and Employees of the Company) to rely upon the advice, opinions or valuations of any such persons, to the extent permitted by law, being fully protected in acting or relying thereon in good faith.
(d)    To interpret Part A of the Plan and any relevant facts for purpose of the administration and application of Part A of the Plan, in a manner not inconsistent with Part A of the Plan or applicable law and to amend or revoke any such interpretation.
(e)    To conduct claims procedures as provided in Section 7.11.
Section 7.2  Limitations Upon Powers
The Plan shall be uniformly and consistently administered, interpreted and applied with regard to all Part A Participants in similar circumstances.  The Plan shall be administered, interpreted and applied fairly and equitably and in accordance with the specified purposes of Part A of the Plan.  Notwithstanding the foregoing, the distribution forms and commencement dates specified in Section 5.1(a) shall apply to such Part A Participants, and in such manner, as the Administrator determines in its sole discretion.

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Section 7.3  Final Effect of Administrator Action
Except as provided in Section 7.11, all actions taken and all determinations made by the Administrator in good faith shall be final and binding upon all Part A Participants, the Company and any person interested in Part A of the Plan.
Section 7.4  Delegation by Administrator
(a)    The Administrator may, but need not, appoint a delegate (the “Delegate”) which may be a single individual or a Committee consisting of two or more members, to hold office during the pleasure of the Administrator.  The Delegate shall have such powers and duties as are delegated to it by the Administrator.  The Delegate and/or Committee members shall not receive payment for their services as such.
(b)    Appointment of the Delegate and/or Committee members shall be effective upon filing of written acceptance of appointment with the Administrator.
(c)    The Delegate and/or Committee member may resign at any time by delivering written notice to the Administrator.
(d)    Vacancies in the Delegate and/or Committee shall be filled by the Administrator.
(e)    If there is a Committee, the Committee shall act by a majority of its members in office; provided, however, that the Committee may appoint one of its members or a delegate to act on behalf of the Committee on matters arising in the ordinary course of administration of Part A of the Plan or on specific matters.
Section 7.5  Indemnification by the Company; Liability Insurance
The Company shall pay or reimburse any of the Company's officers, directors, Committee members or Employees who are fiduciaries with respect to Part A of the Plan for all expenses incurred by such persons in, and shall indemnify and hold them harmless from, all claims, liability and costs (including reasonable attorneys' fees) arising out of the good faith performance of their duties under Part A of the Plan.  The Company may obtain and provide for any such person, at the Company's expense, liability insurance against liabilities imposed on such person by law.
Section 7.6  Recordkeeping
(a)    The Administrator shall maintain suitable records of each Part A Participant's Part A Account which, among other things, shall show separately deferrals and the earnings credited thereon, as well as distributions and withdrawals therefrom and records of its deliberations and decisions.
(b)    The Administrator shall appoint a secretary, and at its discretion, an assistant secretary, to keep the record of proceedings, to transmit its decisions, instructions, consents 

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or directions to any interested party, to execute and file, on behalf of the Administrator, such documents, reports or other matters as may be necessary or appropriate under ERISA and to perform ministerial acts.
(c)    The Administrator shall not be required to maintain any records or accounts which duplicate any records or accounts maintained by the Company.
Section 7.7  Statement to Part A Participants
By March 15 of each year, the Administrator shall furnish to each Part A Participant a statement setting forth the value of the Part A Participant's Part A Account as of the preceding December 31 and such other information as the Administrator shall deem advisable to furnish.
Section 7.8  Inspection of Records
Copies of the Plan and records of a Part A Participant's Part A Account shall be open to inspection by the Part A Participant or the Part A Participant's duly authorized representatives at the office of the Administrator at any reasonable business hour.
Section 7.9  Identification of Fiduciaries
The Administrator shall be the named fiduciary of Part A of the Plan and, as permitted or required by law, shall have exclusive authority and discretion to operate and administer Part A of the Plan.
Section 7.10  Procedure for Allocation of Fiduciary Responsibilities
(a)    Fiduciary responsibilities under Part A of the Plan are allocated as follows:
(i)    The sole duties, responsibilities and powers allocated to the Board, any Committee and any fiduciary shall be those expressly provided in the relevant Sections of Part A of the Plan.
(ii)    All fiduciary duties, responsibilities, and powers not allocated to the Board, any Committee or any fiduciary, are hereby allocated to the Administrator, subject to delegation.
(b)    Fiduciary duties, responsibilities and powers under Part A of the Plan may be reallocated among fiduciaries by amending Part A of the Plan in the manner prescribed in Section 8.6, followed by the fiduciaries' acceptance of, or operation under, such amended Plan.
Section 7.11    Claims Procedure
(a)    Any Part A Participant or Beneficiary has the right to make a written claim for benefits under Part A of the Plan.  If such a written claim is made, and the Administrator 

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wholly or partially denies the claim, the Administrator shall provide the claimant with written notice of such denial, setting forth, in a manner calculated to be understood by the claimant: 
(i)the specific reason or reasons for such denial;
(ii)    specific reference to pertinent Plan provisions on which the denial is based;
(iii)    a description of any additional material or information necessary for the claimant to perfect the claim and an explanation of why such material or information is necessary; and
(iv)an explanation of the Plan’s claims review procedure and time limits applicable to those procedures, including a statement of the claimant’s right to bring a civil action under ERISA Section 502(a) if the claim is denied on appeal.
(b)    The written  notice of any claim denial pursuant to Section 7.11(a) shall be given not later than thirty (30) days after receipt of the claim by the Administrator, unless the Administrator determines that special circumstances require an extension of time for processing the claim, in which event:
(i)written notice of the extension shall be given by the Administrator to the claimant prior to thirty(30) days after receipt of the claim;
(ii)    the extension shall not exceed a period of thirty (30) days from the end of the initial thirty (30) day period for giving notice of a claim denial; and 
(iii)    the extension notice shall indicate (A) the special circumstances requiring an extension of time and (B) the date by which the Administrator expects to render the benefit determination.
(c)    The decision of the Administrator shall be final unless the claimant, within sixty (60) days after receipt of notice of the claims denial from the Administrator, submits a written request to the Board, or its delegate, for an appeal of the denial.  During that sixty (60) day period, the claimant shall be provided, upon request and free of charge, reasonable access to , and copies of, all documents, records and other information relevant  to the claim for benefits.  The claimant shall be provided the opportunity to submit written comments, documents, records, and other information relating to the claim for benefits as part of the claimant’s appeal.  The claimant may act in these matters individually, or through his or her authorized representative.
(d)    After receiving the written appeal, if the Board, or its delegate, shall issue a written decision notifying the claimant of its decision on review, not later than thirty (30) days after receipt of the written appeal, unless the Board or its delegate determines that special circumstances require an extension of time for reviewing the appeal, in which event:

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(i)    written notice of the extension shall be given by the Board or its delegate prior to thirty (30) days after receipt of the written appeal; 
(ii)    the extension shall not exceed a period of thirty (30) days from the end of the initial thirty (30) day review period; 
(iii)    the extension notice shall indicate (A) the special circumstances requiring an extension of time and (B) the date by which the Board or its delegate expects to render the appeal decision.
The period of time within which a benefit determination on review is required to be made shall begin at the time an appeal is received by the Board or its delegate, without regard to whether all the information necessary to make a benefit determination on review accompanies the filing of the appeal.  If the period of time for reviewing the appeal is extended as permitted above, due to a claimant’s failure to submit information necessary to decide the claim on appeal, then the period for making the benefit determination on review shall be tolled from the date on which the notification of the extension is sent to the claimant until the date on which the claimant responds to the request for additional information.
(e)    In conducting the review on appeal, the Board or its delegate shall take into account all comments, documents, records, and other information submitted by the claimant relating to the claim, without regard to whether such information was submitted or considered in the initial benefit determination.  If the Board or its delegate upholds the denial, the written notice of decision from the Board or its delegate shall set forth, in a manner calculated to be understood by the claimant:
(i)the specific reason or reasons for the denial
(ii)    specific reference to pertinent Plan provisions on which the denial is based;
(iii)    a statement that the claimant is entitled to be receive, upon request and free of charge, reasonable access to , and copies of, all documents, records and other information relevant  to the claim for benefits.
(iv)A statement of the claimant’s right to bring a civil action under ERISA 502(a).
(f)    If the Plan or any of its representatives fail to follow any of the above claims procedures, the claimant shall be deemed to have duly exhausted the administrative remedies available under the plan and shall be entitled to pursue any available remedies under ERISA Section 502(a), including but not limited to the filing of an action for immediate declaratory relief regarding benefits due under the Plan.

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Section 7.12  Conflicting Claims
If the Administrator is confronted with conflicting claims concerning a Part A Participant's Part A Account, the Administrator may interplead the claimants in an action at law, or in an arbitration conducted in accordance with the rules of the American Arbitration Association, as the Administrator shall elect in its sole discretion, and in either case, the attorneys' fees, expenses and costs reasonably incurred by the Administrator in such proceeding shall be paid from the Part A Participant's Part A Account.
Section 7.13  Service of Process
The Secretary of Computer Sciences Corporation is hereby designated as agent of the Plan for the service of legal process.

ARTICLE VIII
MISCELLANEOUS PROVISIONS
Section 8.1  Termination of Part A of the Plan
(a)    While the Plan is intended as a permanent program, the Board shall have the right at any time to declare Part A of the Plan terminated completely as to the Company or as to any group, division or other operational unit thereof or as to any affiliate thereof.
(b)    Discharge or layoff of any Employees without such a declaration shall not result in a termination of the Plan.
(c)    In the event of any termination, the Board, in its sole and absolute discretion may elect to:
(i)    maintain Part A Participants' Part A Accounts, payment of which shall be made in accordance with Articles V and VI; or
(ii)    liquidate the portion of Part A of the Plan attributable to each Part A Participant as to whom Part A of the Plan is terminated and distribute each such Part A Participant's Part A Account in a lump sum or pursuant to any method which is at least as rapid as the distribution method elected by the Part A Participant under Section 5.4.
Section 8.2  Limitation on Rights of Part A Participants
The Plan is strictly a voluntary undertaking on the part of the Company and shall not constitute a contract between the Company and any Employee, or consideration for, or an inducement or condition of, the employment of an Employee.  Nothing contained in the Plan shall give any Employee the right to be retained in the service of a Company or 

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to interfere with or restrict the right of the Company, which is hereby expressly reserved, to discharge or retire any Employee, except as otherwise provided by a written employment agreement between the Company and the Employee, at any time without notice and with or without cause.  Inclusion under the Plan will not give any Employee any right or claim to any benefit hereunder except to the extent such right has specifically become fixed under the terms of the Plan.  The doctrine of substantial performance shall have no application to Employees, Part A Participants or any other persons entitled to payments under the Plan.  
Section 8.3  Consolidation or Merger; Adoption of Plan by Other Companies
(a)    In the event of the consolidation or merger of the Company with or into any other entity, or the sale by the Company of substantially all of its assets, the resulting successor may continue Part A of the Plan by adopting it in a resolution of its Board of Directors.  If within 90 days from the effective date of such consolidation, merger or sale of assets, such successor corporation does not adopt Part A of the Plan, Part A of the Plan shall be terminated in accordance with Section 8.1.
(b)    There shall be no merger or consolidation with, or transfer of the liabilities of Part A of the Plan to, any other plan unless each Part A Participant in Part A of the Plan would have, if the combined or successor plans were terminated immediately after the merger, consolidation, or transfer, an account which is equal to or greater than his or her corresponding Part A Account under Part A of the Plan had Part A of the Plan been terminated immediately before the merger, consolidation or transfer.
Section 8.4  Errors and Misstatements
In the event of any misstatement or omission of fact by a Part A Participant to the Administrator or any clerical error resulting in payment of benefits in an incorrect amount, the Administrator shall promptly cause the amount of future payments to be corrected upon discovery of the facts and shall cause the Company to pay the Part A Participant or any other person entitled to payment under Part A of the Plan any underpayment in cash in a lump sum, or to recoup any overpayment from future payments to the Part A Participant or any other person entitled to payment under Part A of the Plan in such amounts as the Administrator shall direct, or to proceed against the Part A Participant or any other person entitled to payment under Part A of the Plan for recovery of any such overpayment.
Section 8.5  Payment on Behalf of Minor, Etc.
In the event any amount becomes payable under Part A of the Plan to a minor or a person who, in the sole judgment of the Administrator, is considered by reason of physical or mental condition to be unable to give a valid receipt therefor, the Administrator may direct that such payment be made to any person found by the Administrator in its sole judgment, to have assumed the care of such minor or other person.  Any payment made pursuant to such determination shall constitute a full release and discharge of the Company, the Board, the Administrator, the Committee and their officers, directors and employees.

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Section 8.6  Amendment of Plan
The Plan may be wholly or partially amended by the Board from time to time, in its sole and absolute discretion, including prospective amendments which apply to amounts held in a Part A Participant's Part A Account as of the effective date of such amendment and including retroactive amendments necessary to conform to the provisions and requirements of ERISA or the Code; provided, however, that no amendment shall decrease the amount of any Part A Participant's Part A Account as of the effective date of such amendment.  Notwithstanding the foregoing, Section 8.7 shall not be amended in any respect on or after a Change in Control and no amendment to this Plan shall reduce, limit or eliminate any rights of a Part A Participant to distributions pursuant to Article VI for deferrals for which elections under Article III occurred prior to the effective date of the amendment, without the Part A Participant’s prior written consent, except for amendments necessary to conform to the provisions and requirements of ERISA or the Code.
Section 8.7  Funding
(a)    Subject to Section 8.7(b), all benefits payable under Part A of the Plan will be paid from the general assets of the Company and no Part A Participant or beneficiary shall have any claim against any specific assets of the Company.  
(b)    Not later than the occurrence of a Change in Control, the Company shall cause to be transferred to a grantor trust described in Section 671 of the Code, assets equal in value to all accrued obligations under Part A of the Plan as of one day following a Change in Control, in respect of both active employees of the Company and retirees as of that date.  Such trust by its terms shall, among other things, be irrevocable.  The value of liabilities and assets transferred to the trust shall be determined by one or more nationally recognized firms qualified to provide actuarial services as described in Section 4 of the Computer Sciences Corporation Severance Plan for Senior Management and Key Employees.  The establishment and funding of such trust shall not affect the obligation of the Company to provide benefits payments under the terms of Part A of the Plan to the extent such benefits are not paid from the trust.  Notwithstanding anything herein or in any trust agreement to the contrary, in no event shall (i) assets of the Company or any affiliate be set aside or reserved (directly or indirectly) in a trust or transferred to such a trust for purposes of paying deferred amounts and earnings thereon for an “applicable covered employee” (as defined in Section 409A(b)(3)(D)(i) of the Code) under Part A of the Plan during any “restricted period” (as defined in Section 409A(b)(3)(B) of the Code), or (ii) any assets of the Company, any affiliate or any trust described in this paragraph become restricted to the provision of benefits under Part A of the Plan in connection with a “restricted period” (as defined in Section 409A(b)(3)(B) of the Code); in each case, unless otherwise permitted under Section 409A(b)(3) of the Code without the imposition of the additional tax set forth in Section 409A(a)(1)(B) of the Code or any other taxes or penalties imposed under Section 409A.

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Section 8.8  Governing Law
The Plan shall be construed, administered and governed in all respects under and by the laws of the State of California, except to the extent such laws may be preempted by ERISA.
Section 8.9  Pronouns and Plurality
The masculine pronoun shall include the feminine pronoun, and the singular the plural where the context so indicates.
Section 8.10  Titles
Titles are provided herein for convenience only and are not to serve as a basis for interpretation or construction of Part A of the Plan.
Section 8.11  References
Unless the context clearly indicates to the contrary, a reference to a statute, regulation or document shall be construed as referring to any subsequently enacted, adopted or executed statute, regulation or document.

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PART B
Part B of the Plan is applicable and effective with respect to 2005 to 2012 Deferrals.

ARTICLE IX
DEFINITIONS
Section 9.1  General
In addition to the terms defined in the preamble to the Plan, whenever the following terms are used in Part B of the Plan with the first letter capitalized, they shall have the meaning specified below unless the context clearly indicates to the contrary.
Section 9.2  Administrator
“Administrator” shall mean Computer Sciences Corporation, acting through its Chief Executive Officer, except that if the Chief Executive Officer has appointed a Delegate under Section 15.4, the term “Administrator” shall mean the Delegate as to those duties, powers and responsibilities specifically conferred upon the Delegate.
Section 9.3  Board
“Board” shall mean the Board of Directors of Computer Sciences Corporation.  The Board may delegate any power or duty otherwise allocated to the Administrator to any other person or persons, including a Committee appointed under Section 15.4.
Section 9.4  Change in Control
“Change in Control” shall mean the consummation of a “change in the ownership” of Computer Sciences Corporation, a “change in effective control” of Computer Sciences Corporation or a “change in the ownership of a substantial portion of the assets” of Computer Sciences Corporation, in each case, as defined under Section 409A.
Section 9.5  Chief Executive Officer
“Chief Executive Officer” shall mean the Chief Executive Officer of Computer Sciences Corporation.
Section 9.6  Code
“Code” shall mean the Internal Revenue Code of 1986, as amended from time to time, together with regulations thereunder.

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Section 9.7  Committee
“Committee” shall mean the Committee, if any, appointed in accordance with Section 15.4.
Section 9.8  Company
“Company” shall mean Computer Sciences Corporation and all of its affiliates, and any entity which is a successor in interest to Computer Sciences Corporation and which continues Part B of the Plan under Section 16.3(a).
Section 9.9  Delegate
“Delegate” shall mean the Delegate, if any, appointed in accordance with Section 15.4.
Section 9.10  Disability
“Disability” shall mean that a Part B Participant has become “disabled” as such term is defined under Section 409A.
Section 9.11  Eligible Key Executive
“Eligible Key Executive” shall mean any Key Executive who has been designated as eligible to participate in Part B of the Plan with respect to any Plan Year beginning after December 31, 2004 by the Chief Executive Officer.
Section 9.12  Employee
“Employee” shall mean any person who renders services to the Company in the status of an employee as that term is defined in Code Section 3121(d), including officers but not including directors who serve solely in that capacity.
Section 9.13  ERISA
“ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended from time to time, together with regulations thereunder.
Section 9.14  Exchange Act
“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.
Section 9.15  Hardship
(a)    “Hardship” of a Part B Participant, shall mean an unforeseeable emergency which constitutes a severe financial hardship of the Part B Participant or beneficiary resulting from an illness or accident of the Part B Participant or beneficiary, the Part B Participant’s or beneficiary’s spouse, or the Part B Participant’s or beneficiary’s 

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“dependent” (as defined in Section 152(a) of the Code); loss of the Part B Participant’s or beneficiary’s property due to casualty (including the need to rebuild a home following damage to a home not otherwise covered by insurance, for example, not as a result of a natural disaster); or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Part B Participant or beneficiary.
(b)    Notwithstanding subsection (a) above, a financial need shall not constitute a Hardship unless it is for at least $1,000.00 (or the entire principal amount of the Part B Participant's Part B Accounts, if less).
(c)    Whether a Part B Participant has incurred a Hardship shall be determined by the Administrator in its discretion on the basis of all relevant facts and circumstances and in accordance with nondiscriminatory and objective standards, uniformly interpreted and consistently applied.
Section 9.16  Part B Account
“Part B Account” of a Part B Participant shall mean the Part B Participant's individual deferred compensation account established for his or her benefit under Article XII hereof.
Section 9.17  Part B Deferred Compensation
“Part B Deferred Compensation” of a Part B Participant shall mean the amounts deferred by such Part B Participant under Article XI of the Plan.
Section 9.18  Part B Distribution Election
“Part B Distribution Election” shall mean the election(s) made by a Part B Participant as to the timing and/or form of the distributions of his or her Part B Account pursuant to Article XIII of the Plan.
Section 9.19  Part B Election Form
“Part B Election Form” shall mean the form of election provided by the Administrator to each Eligible Key Executive and Nonemployee Director pursuant to Section 11.1 or Section 11.2.
Section 9.20  Part B Participant
“Part B Participant” shall mean each Key Executive and Nonemployee Director who elects to participate in Part B of the Plan as provided in Article X and who defers Qualified Bonus, Qualified Director Compensation or Qualified Salary under Part B of the Plan.  Each of such persons shall continue to be a “Part B Participant” until they have received all benefits due under Part B of the Plan.

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Section 9.21  Payday
“Payday” of a Key Executive shall mean the regular and recurring established day for payment of Qualified Salary to such Key Executive.
Section 9.22  Performance-Based Compensation
“Performance-Based Compensation” shall mean a Key Executive’s Qualified Bonus to the extent that such Qualified Bonus (a) meets the requirements of “performance-based compensation” under Section 409A and (b) is based upon a performance period of at least twelve (12) months.
Section 9.23  Plan Year
“Plan Year” shall mean the fiscal year of the Company.
Section 9.24  Predecessor Plan
“Predecessor Plan” shall mean the Computer Sciences Corporation Nonqualified Deferred Compensation Plan as in effect and maintained by the Company for the benefit of its Nonemployee Directors prior to the amendment and restatement of the Plan effective as of September 30, 1995.
Section 9.25  Qualified Annual Bonus
“Qualified Annual Bonus” of a Key Executive shall mean the Key Executive's annual cash bonus which may be payable to the Key Executive under the Computer Sciences Corporation Annual Incentive Plan or such other bonus or incentive compensation plan of the Company which may be designated from time to time by the Administrator.
Section 9.26  Qualified Director Compensation
“Qualified Director Compensation” of a Nonemployee Director shall mean the retainer, consulting fees, committee fees and meeting fees which are payable to the Nonemployee Director by the Company.
Section 9.27  Qualified Quarterly Bonus
“Qualified Quarterly Bonus” of a Key Executive shall mean the Key Executive's quarterly cash bonus which may be payable to the Key Executive under the Computer Sciences Corporation such bonus or incentive compensation plan(s) of the Company which may be designated from time to time by the Administrator.
Section 9.28  Qualified Salary
“Qualified Salary” of a Key Executive shall mean the Key Executive’s gross base salary which may be payable to the Key Executive on a Payday, including any portion 

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thereof payable in the form of sick pay, vacation pay, pay in lieu of notice or jury pay, and determined before any exclusions, deductions or withholdings therefrom, 
Section 9.29  Retirement
“Retirement” shall mean, with respect to a Key Executive, a Separation from Service of such Key Executive on or after attainment of age sixty-two (62).
Section 9.30  Section 401(a)(17) Limitation
“Section 401(a)(17) Limitation” with respect to a Key Executive’s Qualified Salary for a Payday  shall mean the amount equal to:
(a)    the annual compensation limit under Code Section 401(a)(17) in effect for the calendar year in which such Payday occurs, divided by
(b)    the total number of Paydays in a year for which such Key Executive’s gross base salary would be payable to such Key Executive, based on the regular and recurring manner of payment for such Key Executive in effect on such Payday, as determined by the Administrator.
Section 9.31  Separation from Service
“Separation from Service” shall mean a “separation from service” as such term is defined under Section 409A.
Section 9.32  Specified Employee
“Specified Employee” shall mean any Plan B Participant who is identified as a “specified employee” of the Company (as such term is defined within the meaning of Section 409A) pursuant to a policy adopted by the Board in accordance with Section 409A.

ARTICLE X
ELIGIBILITY
Section 10.1  Requirements for Participation
Any Eligible Key Executive and any Nonemployee Director shall be eligible to be a Part B Participant in the Plan.
Section 10.2  Deferral Election Procedure
For each Plan Year, the Administrator shall provide each Eligible Key Executive with a Part B Election Form on which such person may elect to defer his or her Qualified Annual Bonus under Article XI, and each Eligible Key Executive and each Nonemployee Director 

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with a Part B Election Form on which such person may elect to defer his or her Qualified Salary, Qualified Director Compensation and/or Qualified Quarterly Bonus under Article XI, but only to the extent such deferrals would qualify as Section 409A Deferrals.  Each such person who elects to defer Qualified Annual Bonus, Qualified Director Compensation, Qualified Salary or Qualified Quarterly Bonus under Article XI shall complete and sign the Part B Election Form and return it to the Administrator.
Section 10.3  Content of Part B Election Form
Each Part B Participant who elects to defer Qualified Annual Bonus, Qualified Director Compensation, Qualified Salary or Qualified Quarterly Bonus under Part B of the Plan shall set forth on the Part B Election Form specified by the Administrator:
(a)    the amount of Qualified Annual Bonus or Qualified Director Compensation to be deferred under Article XI and the Part B Participant’s authorization to the Company to reduce his or her Qualified Annual Bonus or Qualified Director Compensation by the amount of the Part B Deferred Compensation,
(b)    in the case of a Part B Participant who is an Eligible Key Executive, the amount of Qualified Salary and/or Qualified Quarterly Bonus to be deferred under Article XI and the Part B Participant’s authorization to the Company to reduce his or her Qualified Salary and/or Qualified Quarterly Bonus by the amount of the Part B Deferred Compensation,
(c)    the length of time with respect to which the Part B Participant elects to defer the Part B Deferred Compensation,
(d)    the method under which the Part B Participant’s Part B Deferred Compensation shall be payable, and
(e)    such other information, acknowledgements or agreements as may be required by the Administrator.

ARTICLE XI
PARTICIPANTS' DEFERRALS
Section 11.1  Deferral of Qualified Annual Bonus 
(a)    Each Eligible Key Executive may elect to defer into his or her Part B Account all or any portion of the Qualified Annual Bonus, which would otherwise be payable to him or her for any Plan Year in which he or she has not incurred a Separation from Service as of the first day of the Plan Year in question, but only to the extent such deferrals would qualify as Section 409A Deferrals; provided, however, that Eligible Key Executives whose 

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Qualified Annual  Bonus is subject to state and/or local taxation in jurisdictions designated by the Administrator may not elect to defer more than a specified percentage his or her Qualified Annual Bonus as determined by the Administrator and set forth in a Part B Election Form.  Such election shall be made by the Eligible Key Executive by completing and delivering to the Administrator his or her Part B Election Form for such Plan Year no later than the last day of the next preceding Plan Year, except (i) with respect to Performance-Based Compensation, in which case such election shall be made not later than 6 months before the end of the applicable performance period (so long as such election is made before the Performance-Based Compensation becomes both substantially certain to be paid and readily ascertainable), and (ii) with respect to a person who first becomes an Employee during a Plan Year, which person may make such election within 30 days after first becoming an Employee and which election shall apply only to amounts paid for services to be performed after the date of such election. 
(b)    Any such election made by a Part B Participant to defer Qualified Annual Bonus shall be irrevocable and shall not be amendable by the Part B Participant, except in the event of a Hardship, a Part B Participant may terminate the Part B Participant’s deferral election for the Plan Year in which the Hardship occurs with respect to all Qualified Annual Bonus which has not yet been deferred.
Section 11.2  Deferral of Qualified Salary, Qualified Director Compensation and Qualified Quarterly Bonus
(a)    Each Eligible Key Executive and Nonemployee Director may elect to defer into his or her Part B Account all or a portion of the Qualified Salary and the Qualified Director Compensation, respectively, which would otherwise be payable to him or her for any calendar year in which he or she has not incurred a Separation from Service as of the first day of the calendar year in question, but only to the extent such deferrals would qualify as Section 409A Deferrals.  Each Eligible Key Executive may elect to defer his or her Qualified Salary for such calendar year as follows:
(i)    such Eligible Key Executive may elect to defer all or any portion of the amount by which his or her Qualified Salary exceeds the Section 401(a)(17) Limitation, or
(ii)    such Eligible Key Executive may elect to defer all of the amount by which his or her Qualified Salary exceeds the greater of: (A) the dollar amount specified by such Eligible Key Executive under such election, or (B) the Section 401(a)(17) Limitation.
In addition, each Eligible Key Executive may elect to defer all or any portion of the Qualified Quarterly Bonus which would otherwise be payable to him or her for any calendar year beginning after December 31, 2004 in which he or she has not incurred a Separation from Service as of the first day of the calendar year in question; provided, however, that Eligible Key Executives whose Qualified Quarterly Bonus is subject to state and/or local taxation in jurisdictions designated by the Administrator may not elect to defer more than a specified 

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percentage his or her Qualified Quarterly Bonus as determined by the Administrator and set forth in a Part B Election Form.  Any election pursuant to this Section 11.2 shall be made by the Eligible Key Executive or Nonemployee Director by completing and delivering to the Administrator his or her Part B Election Form for such calendar year no later than the last day of the next preceding calendar year, except with respect to a person who first becomes an Employee or Nonemployee Director during a calendar year, which person may make such elections within 30 days after first becoming an Employee or Nonemployee Director, respectively, and which elections shall apply only to amounts of Qualified Quarterly Bonus and Qualified Director Compensation paid for services to be performed after the date of such election.
(b)    Any such election made by a Part B Participant to defer Qualified Salary, Qualified Quarterly Bonuses or Qualified Director Compensation shall be irrevocable and shall not be amendable by the Part B Participant, except in the event of Hardship, a Part B Participant may terminate the Part B Participant’s deferral election for the calendar year in which the Hardship occurs with respect to all Qualified Salary, Qualified Quarterly Bonuses and Qualified Director Compensation which have not yet been deferred.

ARTICLE XII
DEFERRED COMPENSATION ACCOUNTS
Section 12.1  Part B Deferred Compensation Accounts
The Administrator shall establish and maintain for each Part B Participant a Part B Account to which shall be credited the amounts allocated thereto under this Article XII and from which shall be debited the Part B Participant's distributions and withdrawals under Articles XIII and XIV.
Section 12.2  Crediting of Part B Deferred Compensation
Each Part B Participant’s Part B Account shall be credited with an amount which is equal to the amount of the Part B Participant’s Qualified Annual Bonus, Qualified Director Compensation, Qualified Salary and Qualified Quarterly Bonus which such Part B Participant has elected to defer under Article XI at the time such Qualified Annual Bonus, Qualified Director Compensation, Qualified Salary or Qualified Quarterly Bonus, whichever is applicable, would otherwise have been paid to the Part B Participant.  
Section 12.3  Crediting of Earnings
(a)Beginning on January 1, 2013 and for all periods thereafter subject to amendment by the Board, earnings shall be credited to or charged against a Participant’s Part B Account on each valuation date based on a rate equal to the aggregate rate of return on the notional investment options offered under the Plan and set forth in Appendix A hereof as selected by the Part B Participant.  Such rate of return shall be calculated by the 

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Administrator based on the individual actual rates of return of each underlying fund corresponding to the notional investment option.  Earnings shall be credited or charged against a Participant’s Part B Account during periods in which such Participant has an outstanding balance in such Account.  The Administrator shall have the responsibility to calculate the rate of return for a notional investment option for any given period based on the actual return of the corresponding investment fund, and such calculation shall be conclusive and binding on all interested parties.  The Administrator shall solicit the initial notional investment election of Part B Participants with respect to one or more notional investment options in which the Part B Participant wishes to notionally invest their Part B Account.  Part B Participants may be permitted to elect to change their initial notional investment election in accordance with rules established by the Administrator.  The Administrator shall establish reasonable investment procedures with respect to the notional investment options offered by the Plan and Part B and Participants shall be required to comply with such procedures.  Such procedures shall include adequate disclosure of the Plan rules regarding the provision of investment directions to the Administrator with respect to the Participant’s notional investment election and the transfer of Account balances from one notional investment option to another.  The Administrator shall designate one of the notional investment options as the default investment option in the event a Part B Participant fails to make an affirmative, timely and effective investment election.
(b)Beginning on March 29, 2003 and until December 31, 2012, for each Plan Year earnings shall be credited to each Part B Participant's Part B Account (including the Part B Accounts of Nonemployee Directors under the Predecessor Plan), at a rate equal to the 120-month rolling average yield to maturity of the index called the “Merrill Lynch U.S. Corporates, A Rated, 15+ Years Index” as of December 31 of the preceding Plan Year, compounded annually.  
(c)Beginning on September 30, 1995 and until March 28, 2003, for each Plan Year earnings shall be credited to the Part B Accounts of Nonemployee Directors under the Predecessor Plan, at a rate equal to 120% of the 120-month rolling average yield to maturity  on 10‐year United States Treasury Notes as of December 31 of the preceding Plan Year, compounded annually.  
(d)Earnings shall be credited on such valuation dates as the Administrator shall determine.
Section 12.4  Applicability of Part B Account Values
The value of each Part B Participant's Part B Account as determined as of a given date under this Article, plus any amounts subsequently allocated thereto under this Article and less any amounts distributed or withdrawn under Articles XIII or XIV shall remain the value thereof for all purposes of Part B of the Plan until the Part B Account is revalued hereunder.

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Section 12.5  Vesting of Part B Deferred Compensation Accounts
Each Part B Participant's interest in his or her Part B Account shall be 100% vested and non-forfeitable at all times.
Section 12.6  Assignments, Etc. Prohibited
No part of any Part B Participant's Part B Account shall be liable for the debts, contracts or engagements of the Part B Participant, or the Part B Participant's beneficiaries or successors in interest, or be taken in execution by levy, attachment or garnishment or by any other legal or equitable proceeding, nor shall any such person have any rights to alienate, anticipate, commute, pledge, encumber or assign any benefits or payments hereunder in any manner whatsoever except to designate a beneficiary as provided in Section 13.3.

ARTICLE XIII
DISTRIBUTIONS OF DEFERRED COMPENSATION ACCOUNTS
Section 13.1  Distributions upon a Key Executive's Retirement and a Nonemployee Director's Separation from Service
(a)    Subject to Sections 13.7 and 13.8, the Part B Account of a Key Executive who incurs a Separation from Service upon his or her Retirement, and the Part B Account of a Nonemployee Director who incurs a Separation from Service, in each case other than on account of death or Disability, shall be paid to the Part B Participant as specified by the Part B Participant in a Part B Distribution Election made pursuant to Section 13.6 hereof.  Any remaining balance of the Part B Participant's Part B Account shall be paid to the Part B Participant, as specified by the Part B Participant in a Part B Distribution Election made pursuant to this Section 13.1.  Such Part B Distribution Election shall specify (i) whether payment shall be made in a lump-sum distribution or in approximately equal annual installments over a period of 1 to 15 years, and (ii) whether payment(s) shall commence on the first, second, third, fourth or fifth  anniversary of the date of such Separation of Service, or shall commence, subject to Section 13.7, within thirty (30) days following the date of such Separation from Service.  A Part B Participant may elect a distribution pursuant to this Section 13.1 in such other forms, or payable upon such other commencement dates, as are specified by the Administrator; provided, however, that no Part B Distribution Election shall provide for payments to be made more than 20 years after such Part B Participant’s Separation from Service.  
(b)    At the time a Part B Participant elects to defer Qualified Annual Bonus under Part B of the Plan for a specific Plan Year, he or she shall make a Part B Distribution Election pursuant to this Section 13.1 with respect to such deferrals.  At the time a Part B Participant elects to defer Qualified Salary or Qualified Director Compensation under Part B of the Plan for a specific calendar year, he or she shall make a Part B Distribution Election 

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pursuant to this Section 13.1 with respect to such deferrals.  At the time a Part B Participant elects to defer Qualified Quarterly Bonuses under Part B of the Plan for a specific calendar year, he or she shall make a Part B Distribution Election pursuant to this Section 13.1 with respect to such deferrals.  All such Part B Distribution Elections shall remain in effect and shall apply only to that portion of the Part B Participant's Part B Account that relates to Qualified Annual Bonus, Qualified Salary, Qualified Director Compensation or Qualified Quarterly Bonuses deferred during such Plan Year or calendar year, as applicable, as the same may increase from time to time.  Notwithstanding any other provision of this Part B to the contrary, all deferrals of Qualified Director Compensation with respect to years prior to calendar year 2005, as they may increase from time to time, shall be accounted for as if they were all deferred hereunder in a single calendar year (and shall not be combined with any amounts deferred in 2005 or any other calendar year), and a separate Part B Distribution Election (as it may be modified pursuant to this Section 13.1 or otherwise pursuant to this Article XIII) shall apply with respect to such amounts.  A Part B Distribution Election pursuant to this Section 13.1 for Qualified Annual Bonus deferrals for a specific Plan Year or for Qualified Salary, Qualified Director Compensation and Qualified Quarterly Bonus deferrals for a specific calendar year may be superseded by a subsequent election, which subsequent election shall then apply to that portion of the Part B Participant’s Part B Account that relates to deferrals for such Plan Year or calendar year, as applicable, as the same may increase from time to time.  Notwithstanding the foregoing, no subsequent election pursuant to this Section 13.1 shall be effective unless (i) it is made at least twelve (12) months prior to the Part B Participant's Separation from Service, (ii) such election does not become effective until twelve (12) months after its submission and (iii) such election provides for the deferral of the date of commencement of distributions for a minimum of five (5) additional years.  For purposes of the 5-year re-deferral limitation set forth in the preceding sentence, distributions that are to be paid in installments (as opposed to in a lump sum) shall be treated as a single payment payable on the date the installments are due to commence.
Section 13.2   Distributions upon a Key Executive's Pre-Retirement Separation from Service
Subject to Sections 13.7 and 13.8, the Part B Account of a Key Executive who incurs a Separation from Service prior to his or her Retirement and other than on account of his or her death or Disability shall be paid to the Part B Participant in a lump-sum distribution within thirty (30) days following the date of such Separation from Service, notwithstanding any Part B Distribution Election pursuant to Section 13.1 to the contrary made by the Part B Participant.  
Section 13.3  Distributions upon a Part B Participant's Death
(a)    The remaining balance of the Part B Account of a Part B Participant who dies (i) shall be paid to the persons and entities designated by the Part B Participant as his or her beneficiaries for such purpose and (ii) shall be paid in the manner set forth in this Section 13.3.  Subject to Section 13.8, with respect to a Part B Participant who does not incur a Separation from Service prior to his or her death, such balance shall be paid as 

35

specified by the Part B Participant in a Part B Distribution Election made pursuant to this Section 13.3, or, if no such election is made, pursuant to Section 13.1 or Section 13.2, as applicable.  Any such Part B Distribution Election made pursuant to this Section 13.3 shall specify (i) whether payment shall be made in a lump-sum distribution or in approximately equal annual installments over a period of 1 to 15 years, and (ii) whether payment(s) shall commence on the first, second, third, fourth or fifth  anniversary of the date of death, or shall commence within thirty (30) days following the date of death.  Subject to Section 13.8, with respect to a Part B Participant who does incur a Separation from Service prior to his or her death, upon such Part B Participant’s death the remaining balance of the Part B Participant’s Part B Account shall be paid as specified by the Part B Participant in a Part B Distribution Election made pursuant to this Section 13.3, or, if no such election is made, pursuant to Section 13.1 or Section 13.2, as applicable.  Any such Part B Distribution Election made pursuant to this Section 13.3.  shall specify (1) whether payment shall be made in a lump-sum distribution or in approximately equal annual installments over a period of 1 to 15 years, and (2) whether payment(s) shall commence on the first, second, third, fourth or fifth  anniversary of the date of death, or shall commence within thirty (30) days following the date of death.
(b)    At the time a Part B Participant elects to defer Qualified Annual Bonus under Part B of the Plan for a specific Plan Year, he or she shall make a Part B Distribution Election pursuant to this Section 13.3 with respect to such deferrals.  At the time a Part B Participant elects to defer Qualified Salary or Qualified Director Compensation under Part B of the Plan for a specific calendar year, he or she shall make a Part B Distribution Election pursuant to this Section 13.3 with respect to such deferrals.  At the time a Part B Participant elects to defer Qualified Quarterly Bonuses under Part B of the Plan for a specific calendar year, he or she shall make a Part B Distribution Election pursuant to this Section 13.3 with respect to such deferrals.  All such Part B Distribution Elections shall remain in effect and shall apply only to that portion of the Part B Participant's Part B Account that relates to Qualified Annual Bonus, Qualified Salary, Qualified Director Compensation or Qualified Quarterly Bonuses deferred during such Plan Year or calendar year, as applicable, as the same may increase from time to time.  A Part B Distribution Election pursuant to this Section 13.3 for Qualified Annual Bonus deferrals for a specific Plan Year or for Qualified Salary, Qualified Director Compensation and Qualified Quarterly Bonus deferrals for a specific calendar year may be superseded by a subsequent election, which subsequent election shall then apply to that portion of the Part B Participant’s Part B Account that relates to deferrals for such Plan Year or calendar year, as applicable, as the same may increase from time to time.  Notwithstanding the foregoing, no subsequent election pursuant to this Section 13.3 shall be effective unless (i) it is made at least twelve (12) months prior to the Part B Participant's death, (ii) such election does not become effective until twelve (12) months after its submission and (iii) such election provides for the deferral of the date of commencement of distributions for a minimum of five (5) additional years.  For purposes of the 5-year re-deferral limitation set forth in the preceding sentence, distributions that are to be paid in installments (as opposed to in a lump sum) shall be treated as a single payment payable on the date the installments are due to commence.

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Section 13.4  Distributions upon a Part B Participant's Disability
(a)    The remaining balance of the Part B Account of a Part B Participant who becomes Disabled shall be paid in the manner set forth in this Section 13.4.  Subject to Section 13.8, with respect to a Part B Participant who does not incur a Separation from Service prior to his or her Disability, such balance shall be paid, as specified by the Part B Participant in a Part B Distribution Election made pursuant to this Section 13.4, or, if no such election is made, pursuant to Section 13.1 or Section 13.2, as applicable.  Any such Part B Distribution Election made pursuant to this Section 13.4 shall specify (i) whether payment shall be made in a lump-sum distribution or in approximately equal annual installments over a period of 1 to 15 years, and (ii) whether payment(s) shall commence on the first, second, third, fourth or fifth  anniversary of the date of Disability, or shall commence within thirty (30) days following the date of Disability.  Subject to Section 13.8, with respect to a Part B Participant who does incur a Separation from Service prior to his or her Disability, upon such Part B Participant’s Disability the remaining balance of the Part B Participant’s Part B Account shall be paid as specified by the Part B Participant in a Part B Distribution Election made pursuant to this Section 13.4, or, if no such election is made, pursuant to Section 13.1 or Section 13.2, as applicable.  Any such Part B Distribution Election made pursuant to this Section 13.4 shall specify (1) whether payment shall be made in a lump-sum distribution or in approximately equal annual installments over a period of 1 to 15 years, and (2) whether payment(s) shall commence on the first, second, third, fourth or fifth  anniversary of the date of Disability, or shall commence within thirty (30) days following the date of Disability.  
(b)    At the time a Part B Participant elects to defer Qualified Annual Bonus under Part B of the Plan for a specific Plan Year, he or she shall make a Part B Distribution Election pursuant to this Section 13.4 with respect to such deferrals.  At the time a Part B Participant elects to defer Qualified Salary or Qualified Director Compensation under Part B of the Plan for a specific calendar year, he or she shall make a Part B Distribution Election pursuant to this Section 13.4 with respect to such deferrals.  At the time a Part B Participant elects to defer Qualified Quarterly Bonuses under Part B of the Plan for a specific calendar year, he or she shall make a Part B Distribution Election pursuant to this Section 13.4 with respect to such deferrals.  All such Part B Distribution Elections shall remain in effect and shall apply only to that portion of the Part B Participant's Part B Account that relates to Qualified Annual Bonus, Qualified Salary, Qualified Director Compensation or Qualified Quarterly Bonuses deferred during such Plan Year or calendar year, as applicable, as the same may increase from time to time.  A Part B Distribution Election pursuant to this Section 13.4 for Qualified Annual Bonus deferrals for a specific Plan Year or for Qualified Salary, Qualified Director Compensation and Qualified Quarterly Bonus deferrals for a specific calendar year may be superseded by a subsequent election, which subsequent election shall then apply to that portion of the Part B Participant’s Part B Account that relates to deferrals for such Plan Year or calendar year, as applicable, as the same may increase from time to time.  Notwithstanding the foregoing, no subsequent election pursuant to this Section 13.4 shall be effective unless (i) it is made at least twelve (12) months prior to the Part B Participant's Disability, (ii) such election does not become effective until twelve (12) 

37

months after its submission and (iii) such election provides for the deferral of the date of commencement of distributions for a minimum of five (5) additional years.  For purposes of the 5-year re-deferral limitation set forth in the preceding sentence, distributions that are to be paid in installments (as opposed to in a lump sum) shall be treated as a single payment payable on the date the installments are due to commence.
Section 13.5  Distributions upon a Change in Control
At the time a Part B Participant (i) elects to defer Qualified Annual Bonus under Part B of the Plan for a specific Plan Year, (ii) elects to defer Qualified Salary or Qualified Director Compensation under Part B of the Plan for a specific calendar year and (iii) elects to defer Qualified Quarterly Bonuses under Part B of the Plan for a specific calendar year, he or she shall have the opportunity to make a Part B Distribution Election pursuant to this Section 13.5 with respect to such deferrals such that, subject to Section 13.8, the remaining balance of that portion of the Part B Account of the Part B Participant at the time of a Change in Control shall be paid in the manner set forth in this Section 13.5 (whether or not such Change in Control occurs prior to or following the Part B Participant’s Separation from Service for any reason).  Such Part B Distribution Election shall specify (i) whether payment shall be made in a lump-sum distribution or in approximately equal annual installments over a period of 1 to 3 years, and (ii) whether payment(s) shall commence on the first anniversary of the date of the Change in Control, or shall commence within thirty (30) days following the date of the Change in Control.  Each such Part B Distribution Election shall be irrevocable and shall apply only to that portion of the Part B Participant's Part B Account that relates to Qualified Annual Bonus, Qualified Salary, Qualified Director Compensation or Qualified Quarterly Bonuses deferred during such Plan Year or calendar year, as applicable, as the same may increase from time to time.  
Section 13.6  Optional Distributions
(a)    At the time a Part B Participant (i) elects to defer Qualified Annual Bonus under Part B of the Plan for a specific Plan Year, (ii) elects to defer Qualified Salary or Qualified Director Compensation under Part B of the Plan for a specific calendar year and (iii) elects to defer Qualified Quarterly Bonuses under Part B of the Plan for a specific calendar year, he or she may also elect with respect to such deferrals, pursuant to this Section 13.6, to receive, subject to Section 13.8, a special, lump-sum distribution of any or all of such deferrals on a date specified by the Part B Participant in a Part B Distribution Election, which date must be at least 24 months after the date of such election.  Any such special distribution shall be made within five (5) business days after the date therefor specified by the Part B Participant.
(b)    An election pursuant to this Section 13.6 may be superseded by a subsequent election; provided, however, that such subsequent election shall not be effective unless: (i) it is made at least twelve (12) months prior to the date upon which the special distribution would have otherwise been made; (ii) the subsequent election is not effective until twelve (12) months after its submission; and (ii) the date of the special distribution specified in 

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the subsequent election is at least five (5) years later than the date specified in the initial election.
Section 13.7  Required Delay in Payments to Certain Part B Participants
Notwithstanding anything herein to the contrary: no distributions to a Specified Employee under Part B of the Plan that are to be made as a result of the Specified Employee’s Separation from Service for any reason other than death or Disability shall be made or commence prior to the date that is the earlier of six months after the date of Separation from Service or the date of the Specified Employee’s death, or such shorter period that, in the opinion of such counsel, is sufficient to avoid the imposition of the additional tax under Section 409A(a)(1)(B) or any other taxes or penalties imposed under Section 409A (the “Section 409A Taxes”); provided that any distributions that otherwise would have been payable during such six-month (or shorter) period shall continue to accrue earnings under Article XII and shall be distributed (together with any earnings thereon) in lump sum on the first day following the expiration of such six-month (or shorter) period. 
Section 13.8  Ordering of Distribution Elections
In the event that a portion of a Part B Participant’s Part B Account becomes payable under two or more Part B Distribution Elections made pursuant to Sections 13.1 through 13.6, the Part B Distribution Election that would result in the complete distribution of that portion of the Part B Participant’s Part B Account on the earliest date shall control.  For purposes of this Section 13.8, the payment of distributions pursuant to Section 13.2 following a Separation from Service other than by reason of death or Disability prior to Retirement shall be considered a Part B Distribution Election to receive such amounts in the manner specified in Section 13.2.
By way of example, assume that a Part B Participant elects with respect to deferrals of Qualified Salary for the calendar year 2005 to receive distributions of that portion of the Part B Participant’s Part B Account (i) pursuant to Section 13.1 in equal annual installments over 15 years commencing on the first anniversary of his or her Separation from Service upon Retirement and (ii) pursuant to Section 13.5 in lump sum within in 5 days following a Change in Control.  Assume further that the Part B Participant incurs a Separation from Service due to Retirement on July 1, 2007 and that a Change in Control subsequently occurs on February 17, 2010.  On July 1, 2008, the Part B Participant would commence receipt of distributions with respect to his or her Qualified Salary deferrals from the calendar year 2005 (increased by any earnings thereon), installments of which would be paid on July 1, 2008 and July 1, 2009, then, within 5 days of February 17, 2010, the Part B Participant would receive a lump sum distribution of the remaining portion of his or her Part B Account that relates to deferrals of Qualified Salary during the calendar year 2005 (together with any earnings thereon).
Section 13.9  Timing of Distribution Elections for Certain Section 409A Deferrals

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Notwithstanding anything herein to the contrary, each Part B Participant who has not previously made a Change of Control Distribution Election pursuant to Section 13.5 may make such a distribution election with respect to Section 409A Deferrals pursuant to this Article XIII (and shall have the ability to replace such election with subsequent elections without the imposition of any of the limitations on subsequent elections set forth in this Article XIII) at any time prior to December 31, 2007; provided, however, that no such Change of Control Distribution Election made in the calendar year 2007 may change payment elections with respect to payments that the Part B Participant would otherwise receive in the calendar year 2007, or to accelerate payments into calendar year 2007 that would not have otherwise been made in 2007.
Section 13.10  Applicable Taxes
All distributions under Part B of the Plan shall be subject to withholding for all amounts which the Company is required to withhold under federal, state or local tax law.

ARTICLE XIV
WITHDRAWALS FROM DEFERRED COMPENSATION ACCOUNTS
Section 14.1  Hardship Distributions from Part B Accounts
(a)    By delivering a written election to such effect to the Administrator, at any time a Part B Participant may elect to take a distribution from the Part B Participant's Part B Account on account of the Part B Participant's Hardship, but only to the extent that the Hardship is not otherwise relievable:
(i)    through reimbursement or compensation by insurance or otherwise, 
(ii)    by liquidation of the Participant’s assets (to the extent that such liquidation does not itself cause a Hardship), or
(iii)    cessation of deferrals under the Plan.
(b)    The amount of the hardship withdrawal pursuant to this Section 14.1 shall not exceed the amount reasonably necessary to satisfy the emergency need (which may include amounts necessary to pay any Federal, state, or local income taxes or penalties reasonably anticipated to result from the distribution).
Section 14.2  Withdrawals to Pay Employment Taxes
The Administrator shall automatically make a distribution from a Part B Participant's Part B Account as and to the extent necessary, as determined by the Administrator, to pay (a) the Federal Insurance Contributions Act (FICA) tax imposed on the Part B Participant in respect of Section 409A Deferrals under Sections 3101, 3121(a) and 3121(v)(2) of the 

40

Code, as applicable, and/or (b) any income tax withholding imposed on the Part B Participant in respect of Section 409A Deferrals under federal, state or local tax law as a result of the payment of the FICA tax; provided, in each case, that such distribution does not exceed the aggregate amount of the FICA tax and such income tax withholding.
Section 14.3  Withdrawals Upon Amounts Becoming Subject to Section 409A
The Administrator shall automatically make a distribution from a Part B Participant's Part B Account at any time the Administrator determines, upon the advice of counsel, that all or a portion of Part B of this Plan fails to meet the requirements of Section 409A; provided that any distribution pursuant to this Section 14.3 does not exceed the amount required to be included in income as a result of the failure to comply with the requirements of Section 409A.
Section 14.4  Payment of Withdrawals
All withdrawals under this Article XIV shall be paid within thirty (30) days after either (i) a valid election to withdraw pursuant to Section 14.1 is delivered to the Administrator or (ii) the Administrator makes a determination to permit the withdrawal under Sections 14.2 or 14.3. The Administrator shall give prompt notice to the Part B Participant if an election under Section 14.1 is invalid and is therefore rejected, identifying the reason(s) for the invalidity.  If the Administrator has not paid but has not affirmatively rejected an election within the applicable thirty (30) day deadline, then the election shall be deemed rejected, on the thirtieth (30th) day, as applicable.  If a withdrawal election is rejected, the Part B Participant may bring a claim for benefits under Section 15.11.
Section 14.5  Effect of Withdrawals
If a Part B Participant receives a withdrawal under this Article XIV after payments have commenced under Article XIII, the remaining payments shall be recalculated, by reamortizing the remaining payments over the remaining term and applying the then-current rate used to credit earnings under Section 12.3.
Section 14.6  Applicable Taxes
All withdrawals under Part B of the Plan shall be subject to withholding for all amounts which the Company is required to withhold under federal, state or local tax law.

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ARTICLE XV
ADMINISTRATIVE PROVISIONS
Section 15.1  Administrator's Duties and Powers
The Administrator shall conduct the general administration of Part B of the Plan in accordance with Part B of the Plan and shall have all the necessary power, authority and discretion to carry out that function.  Among its necessary powers and duties are the following:
(a)    To delegate all or part of its function as Administrator to others and to revoke any such delegation.
(b)    To determine questions of eligibility of Part B Participants and their entitlement to benefits, subject to the provisions of Section 15.11.
(c)    To select and engage attorneys, accountants, actuaries, trustees, appraisers, brokers, consultants, administrators, physicians, or other persons to render service or advice with regard to any responsibility the Administrator or the Board has under Part B of the Plan, or otherwise, to designate such persons to carry out fiduciary responsibilities under Part B of the Plan, and (together with the Committee, the Company, the Board and the officers and Employees of the Company) to rely upon the advice, opinions or valuations of any such persons, to the extent permitted by law, being fully protected in acting or relying thereon in good faith.
(d)    To interpret Part B of the Plan and any relevant facts for purpose of the administration and application of Part B of the Plan, in a manner not inconsistent with Part B of the Plan or applicable law and to amend or revoke any such interpretation.
(e)    To conduct claims procedures as provided in Section 15.11.
Section 15.2  Limitations Upon Powers
The Plan shall be uniformly and consistently administered, interpreted and applied with regard to all Part B Participants in similar circumstances.  The Plan shall be administered, interpreted and applied fairly and equitably and in accordance with the specified purposes of Part B of the Plan.  Notwithstanding the foregoing, the distribution forms and commencement dates specified in Section 13.1(a) shall apply to such Part B Participants, and in such manner, as the Administrator determines in its sole discretion.
Section 15.3  Final Effect of Administrator Action

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Except as provided in Section 15.11, all actions taken and all determinations made by the Administrator in good faith shall be final and binding upon all Part B Participants, the Company and any person interested in Part B of the Plan.
Section 15.4  Delegation by Administrator
(a)    The Administrator may, but need not, appoint a delegate (the “Delegate”) which may be a single individual or a Committee consisting of two or more members, to hold office during the pleasure of the Administrator.  The Delegate shall have such powers and duties as are delegated to it by the Administrator.  The Delegate and/or Committee members shall not receive payment for their services as such.
(b)    Appointment of the Delegate and/or Committee members shall be effective upon filing of written acceptance of appointment with the Administrator.
(c)    The Delegate and/or Committee member may resign at any time by delivering written notice to the Administrator.
(d)    Vacancies in the Delegate and/or Committee shall be filled by the Administrator.
(e)    If there is a Committee, the Committee shall act by a majority of its members in office; provided, however, that the Committee may appoint one of its members or a delegate to act on behalf of the Committee on matters arising in the ordinary course of administration of Part B of the Plan or on specific matters.
Section 15.5  Indemnification by the Company; Liability Insurance
The Company shall pay or reimburse any of the Company's officers, directors, Committee members or Employees who are fiduciaries with respect to Part B of the Plan for all expenses incurred by such persons in, and shall indemnify and hold them harmless from, all claims, liability and costs (including reasonable attorneys' fees) arising out of the good faith performance of their duties under Part B of the Plan.  The Company may obtain and provide for any such person, at the Company's expense, liability insurance against liabilities imposed on such person by law.
Section 15.6  Recordkeeping
(a)    The Administrator shall maintain suitable records of each Part B Participant's Part B Account which, among other things, shall show separately deferrals and the earnings credited thereon, as well as distributions and withdrawals therefrom and records of its deliberations and decisions.
(b)    The Administrator shall appoint a secretary, and at its discretion, an assistant secretary, to keep the record of proceedings, to transmit its decisions, instructions, consents or directions to any interested party, to execute and file, on behalf of the Administrator, 

43

such documents, reports or other matters as may be necessary or appropriate under ERISA and to perform ministerial acts.
(c)    The Administrator shall not be required to maintain any records or accounts which duplicate any records or accounts maintained by the Company.
Section 15.7  Statement to Part B Participants
By March 15 of each year, the Administrator shall furnish to each Part B Participant a statement setting forth the value of the Part B Participant's Part B Account as of the preceding December 31 and such other information as the Administrator shall deem advisable to furnish.
Section 15.8  Inspection of Records
Copies of the Plan and records of a Part B Participant's Part B Account shall be open to inspection by the Part B Participant or the Part B Participant's duly authorized representatives at the office of the Administrator at any reasonable business hour.
Section 15.9  Identification of Fiduciaries
The Administrator shall be the named fiduciary of Part B of the Plan and, as permitted or required by law, shall have exclusive authority and discretion to operate and administer Part B of the Plan.
Section 15.10  Procedure for Allocation of Fiduciary Responsibilities
(a)    Fiduciary responsibilities under Part B of the Plan are allocated as follows:
(i)    The sole duties, responsibilities and powers allocated to the Board, any Committee and any fiduciary shall be those expressly provided in the relevant Sections of Part B of the Plan.
(ii)    All fiduciary duties, responsibilities, and powers not allocated to the Board, any Committee or any fiduciary, are hereby allocated to the Administrator, subject to delegation.
(b)    Fiduciary duties, responsibilities and powers under Part B of the Plan may be reallocated among fiduciaries by amending the Plan in the manner prescribed in Section 16.6, followed by the fiduciaries' acceptance of, or operation under, such amended Plan.
Section 15.11  Claims Procedure
(a)    Any Part B Participant or Beneficiary has the right to make a written claim for benefits under Part B of the Plan.  If such a written claim is made, and the Administrator wholly or partially denies the claim, the Administrator shall provide the claimant with written notice of such denial, setting forth, in a manner calculated to be understood by the claimant: 

44

(j)the specific reason or reasons for such denial;
(ii)    specific reference to pertinent Plan provisions on which the denial is based;
(iii)    a description of any additional material or information necessary for the claimant to perfect the claim and an explanation of why such material or information is necessary; and
(v)an explanation of the Plan’s claims review procedure and time limits applicable to those procedures, including a statement of the claimant’s right to bring a civil action under ERISA Section 502(a) if the claim is denied on appeal.
(b)    The written  notice of any claim denial pursuant to Section 15.11(a) shall be given not later than thirty (30) days after receipt of the claim by the Administrator, unless the Administrator determines that special circumstances require an extension of time for processing the claim, in which event:
(i)    written notice of the extension shall be given by the Administrator to the claimant prior to thirty(30) days after receipt of the claim;
(ii)    the extension shall not exceed a period of thirty (30) days from the end of the initial thirty (30) day period for giving notice of a claim denial; and 
(iii)    the extension notice shall indicate (A) the special circumstances requiring an extension of time and (B) the date by which the Administrator expects to render the benefit determination.
(c)    The decision of the Administrator shall be final unless the claimant, within sixty (60) days after receipt of notice of the claims denial from the Administrator, submits a written request to the Board, or its delegate, for an appeal of the denial.  During that sixty (60) day period, the claimant shall be provided, upon request and free of charge, reasonable access to , and copies of, all documents, records and other information relevant  to the claim for benefits.  The claimant shall be provided the opportunity to submit written comments, documents, records, and other information relating to the claim for benefits as part of the claimant’s appeal.  The claimant may act in these matters individually, or through his or her authorized representative.
(d)    After receiving the written appeal, if the Board, or its delegate, shall issue a written decision notifying the claimant of its decision on review, not later than thirty (30) days after receipt of the written appeal, unless the Board or its delegate determines that special circumstances require an extension of time for reviewing the appeal, in which event:
(i)    written notice of the extension shall be given by the Board or its delegate prior to thirty (30) days after receipt of the written appeal; 

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(ii)    the extension shall not exceed a period of thirty (30) days from the end of the initial thirty (30) day review period; 
(iii)    the extension notice shall indicate (A) the special circumstances requiring an extension of time and (B) the date by which the Board or its delegate expects to render the appeal decision.
The period of time within which a benefit determination on review is required to be made shall begin at the time an appeal is received by the Board or its delegate, without regard to whether all the information necessary to make a benefit determination on review accompanies the filing of the appeal.  If the period of time for reviewing the appeal is extended as permitted above, due to a claimant’s failure to submit information necessary to decide the claim on appeal, then the period for making the benefit determination on review shall be tolled from the date on which the notification of the extension is sent to the claimant until the date on which the claimant responds to the request for additional information.
(e)    In conducting the review on appeal, the Board or its delegate shall take into account all comments, documents, records, and other information submitted by the claimant relating to the claim, without regard to whether such information was submitted or considered in the initial benefit determination.  If the Board or its delegate upholds the denial, the written notice of decision from the Board or its delegate shall set forth, in a manner calculated to be understood by the claimant:
(ii)the specific reason or reasons for the denial
(ii)    specific reference to pertinent Plan provisions on which the denial is based;
(iii)    a statement that the claimant is entitled to be receive, upon request and free of charge, reasonable access to , and copies of, all documents, records and other information relevant  to the claim for benefits.
(v)A statement of the claimant’s right to bring a civil action under ERISA 502(a).
(f)    If the Plan or any of its representatives fail to follow any of the above claims procedures, the claimant shall be deemed to have duly exhausted the administrative remedies available under the plan and shall be entitled to pursue any available remedies under ERISA Section 502(a), including but not limited to the filing of an action for immediate declaratory relief regarding benefits due under the Plan.
Section 15.12  Conflicting Claims
If the Administrator is confronted with conflicting claims concerning a Part B Participant's Part B Account, the Administrator may interplead the claimants in an action 

46

at law, or in an arbitration conducted in accordance with the rules of the American Arbitration Association, as the Administrator shall elect in its sole discretion, and in either case, the attorneys' fees, expenses and costs reasonably incurred by the Administrator in such proceeding shall be paid from the Part B Participant's Part B Account.
Section 15.13  Service of Process
The Secretary of Computer Sciences Corporation is hereby designated as agent of the Plan for the service of legal process.

ARTICLE XVI
MISCELLANEOUS PROVISIONS
Section 16.1  Termination of Part B of the Plan
(a)    While Part B of the Plan is intended as a permanent program, the Board shall have the right at any time to declare Part B of the Plan terminated completely as to the Company or as to any group, division or other operational unit thereof or as to any affiliate thereof.
(b)    Discharge or layoff of any Employees without such a declaration shall not result in a termination of Part B of the Plan.
(c)    Subject to Section 16.1(d), in the event of any termination, the Board, in its sole and absolute discretion may elect to:
(i)    maintain Part B Participants' Part B Accounts, payment of which shall be made in accordance with Articles XIII and XIV; or
(ii)    to the extent permissible under Section 409A without the imposition of the Section 409A Taxes, liquidate all of Part B of the Plan and distribute each Part B Participant's Part B Account in a lump sum or in installments; provided that all such distributions (i) commence no earlier than the date that is twelve (12) months following the date of such termination (or such earlier date permitted under Section 409A without the imposition of the Section 409A Taxes) and (ii) are completed by the date that is twenty-four (24) months following the date of such termination (or such later date permitted under Section 409A without the imposition of the Section 409A Taxes).
(d)    Notwithstanding anything herein to the contrary, to the extent permitted under Section 409A without the imposition of the Section 409A Taxes, the Board (including the board of directors of any successor to the Company) shall have the right at any time within the period beginning thirty (30) days prior to a Change in Control and ending twelve (12) 

47

months following a Change in Control, to completely terminate Part B of this Plan.  In the event of a Plan termination pursuant to this Section 16.1(d), the Administrator shall liquidate all of Part B of this Plan and distribute each Part B Participant's Part B Account in a lump sum or in installments; provided that all such distributions are completed by the date that is thirty (30) days following the date of such termination.
Section 16.2  Limitation on Rights of Part B Participants
The Plan is strictly a voluntary undertaking on the part of the Company and shall not constitute a contract between the Company and any Employee or any Nonemployee Director, or consideration for, or an inducement or condition of, the employment of an Employee or service of a Nonemployee Director.  Nothing contained in Part B of the Plan shall give any Employee or Nonemployee Director the right to be retained in the service of a Company or to interfere with or restrict the right of the Company, which is hereby expressly reserved, to discharge or retire any Employee or Nonemployee Director, except as otherwise provided by a written employment agreement between the Company and the Employee or Nonemployee Director, at any time without notice and with or without cause.  Inclusion under Part B of the Plan will not give any Employee or Nonemployee Director any right or claim to any benefit hereunder except to the extent such right has specifically become fixed under the terms of Part B of the Plan.  The doctrine of substantial performance shall have no application to Employees, Nonemployee Directors, Part B Participants or any other persons entitled to payments under Part B of the Plan.  
Section 16.3  Consolidation or Merger; Adoption of Plan by Other Companies
(a)    In the event of the consolidation or merger of the Company with or into any other entity, or the sale by the Company of substantially all of its assets, the resulting successor may continue Part B of the Plan by adopting it in a resolution of its Board of Directors.  If within 90 days from the effective date of such consolidation, merger or sale of assets, such successor corporation does not adopt Part B of the Plan, Part B of the Plan shall be terminated in accordance with Section 16.1.  
(b)    There shall be no merger or consolidation with, or transfer of the liabilities of Part B of the Plan to, any other plan unless each Part B Participant in Part B of the Plan would have, if the combined or successor plans were terminated immediately after the merger, consolidation, or transfer, an account which is equal to or greater than his or her corresponding Part B Account under Part B of the Plan had Part B of the Plan been terminated immediately before the merger, consolidation or transfer.
Section 16.4  Errors and Misstatements
In the event of any misstatement or omission of fact by a Part B Participant to the Administrator or any clerical error resulting in payment of benefits in an incorrect amount, the Administrator shall promptly cause the amount of future payments to be corrected upon discovery of the facts and shall cause the Company to pay the Part B Participant or any other person entitled to payment under Part B of the Plan any underpayment in cash in a 

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lump sum, or to recoup any overpayment from future payments to the Part B Participant or any other person entitled to payment under Part B of the Plan in such amounts as the Administrator shall direct, or to proceed against the Part B Participant or any other person entitled to payment under Part B of the Plan for recovery of any such overpayment.
Section 16.5  Payment on Behalf of Minor, Etc.
In the event any amount becomes payable under Part B of the Plan to a minor or a person who, in the sole judgment of the Administrator, is considered by reason of physical or mental condition to be unable to give a valid receipt therefor, the Administrator may direct that such payment be made to any person found by the Administrator in its sole judgment, to have assumed the care of such minor or other person.  Any payment made pursuant to such determination shall constitute a full release and discharge of the Company, the Board, the Administrator, the Committee and their officers, directors and employees.
Section 16.6  Amendment of Plan
The Plan may be wholly or partially amended by the Board from time to time, in its sole and absolute discretion, including prospective amendments which apply to amounts held in a Part B Participant's Part B Account as of the effective date of such amendment and including retroactive amendments necessary to conform to the provisions and requirements of ERISA or the Code; provided, however, that no amendment shall decrease the amount of any Part B Participant's Part B Account as of the effective date of such amendment.  Notwithstanding the foregoing, Section 16.7 shall not be amended in any respect on or after a Change in Control and no amendment to this Plan shall reduce, limit or eliminate any rights of a Part B Participant to distributions pursuant to Article XIV for deferrals for which elections under Article XI occurred prior to the effective date of the amendment, without the Part B Participant’s prior written consent, except for amendments necessary to conform to the provisions and requirements of ERISA or the Code.
Section 16.7  Funding
(a)    Subject to Section 16.7(b), all benefits payable under Part B of the Plan will be paid from the general assets of the Company and no Part B Participant or beneficiary shall have any claim against any specific assets of the Company.  
(b)    Not later than the occurrence of a Change in Control, the Company shall cause to be transferred to a grantor trust described in Section 671 of the Code, assets equal in value to all accrued obligations under Part B of the Plan as of one day following a Change in Control, in respect of both active employees of the Company and retirees as of that date.  Such trust by its terms shall, among other things, be irrevocable.  The value of liabilities and assets transferred to the trust shall be determined by one or more nationally recognized firms qualified to provide actuarial services as described in Section 4 of the Computer Sciences Corporation Severance Plan for Senior Management and Key Employees.  The establishment and funding of such trust shall not affect the obligation of the Company to provide benefits payments under the terms of Part B of the Plan to the 

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extent such benefits are not paid from the trust.  Notwithstanding anything herein or in any trust agreement to the contrary, in no event shall (i) assets of the Company or any affiliate be set aside or reserved (directly or indirectly) in a trust or transferred to such a trust for purposes of paying deferred amounts and earnings thereon for an “applicable covered employee” (as defined in Section 409A(b)(3)(D)(i) of the Code) under Part B of the Plan during any “restricted period” (as defined in Section 409A(b)(3)(B) of the Code), or (ii) any assets of the Company, any affiliate or any trust described in this paragraph become restricted to the provision of benefits under Part B of the Plan in connection with a “restricted period” (as defined in Section 409A(b)(3)(B) of the Code); in each case, unless otherwise permitted under Section 409A(b)(3) of the Code without the imposition of any Section 409A Taxes.
Section 16.8  Governing Law
The Plan shall be construed, administered and governed in all respects under and by the laws of the State of California, except to the extent such laws may be preempted by ERISA.
Section 16.9  Pronouns and Plurality
The masculine pronoun shall include the feminine pronoun, and the singular the plural where the context so indicates.
Section 16.10  Titles
Titles are provided herein for convenience only and are not to serve as a basis for interpretation or construction of Part B of the Plan.
Section 16.11  References
Unless the context clearly indicates to the contrary, a reference to a statute, regulation or document shall be construed as referring to any subsequently enacted, adopted or executed statute, regulation or document.

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PART C
Part C of the Plan is applicable and effective with respect to Post-2012 Deferrals.

ARTICLE XVII
DEFINITIONS
Section 17.1  General
Defined terms in the preamble to the Plan and in Article IX (Part B) of the Plan shall apply for purposes of this Part C whenever such defined terms appear in this Part C, except that all references to “Part B” in such defined terms appearing in Part B shall be understood to mean Part C when any such term is used in this Part C of the Plan. In addition, whenever the following defined terms are used in Part C of the Plan, they shall have the meaning specified unless the context clearly indicates to the contrary. The Administrative Provisions (Article XV) and Miscellaneous Provisions (Article XVI) of Part B shall apply to Part C after substituting the term “Part C” for any references in such Articles to “Part B” and after making appropriate adjustments to any section references.
Section 17.2  Compensation
“Compensation” shall mean the Participant’s Qualified Annual Bonus, Qualified Director Compensation, Qualified Quarterly Bonus, and Qualified Salary.  For purposes of Part C of this Plan only, Compensation shall be calculated before reduction for any amounts deferred by the Participant pursuant to the Company's tax qualified plans which may be maintained under Section 401(k) or Section 125 of the Code, or pursuant to this Plan or any other non-qualified plan which permits the voluntary deferral of compensation.
Section 17.3  Deferral Period
“Deferral Period” shall mean the period of time during which a Participant is deemed to have earned Compensation which has been deferred under Part C.  For purposes of this Part C, the Deferral Period for Qualified Salary and Qualified Nonemployee Compensation will be the calendar year; the Deferral Period for Qualified Annual Bonus will be either the calendar year or the fiscal year of the Company depending on the nature and terms of the particular plan under which the amounts are to be earned and paid; and the Deferral Period for Qualified Quarterly Bonus will be either the calendar year or the fiscal year of the Company depending on the nature and terms of the particular plan under which the amounts are to be earned and paid.
Section 17.4  Earnings
“Earnings” shall mean the hypothetical amount credited to or charged against a Participant’s Part C Account(s) on each valuation date, which shall be based on a rate equal to the aggregate rate of return on the notional investment options offered under the 

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Plan and set forth in Appendix A hereof as selected by the Part C Participant.  Such rate of return shall be calculated by the Administrator based on the individual actual rates of return of each underlying fund corresponding to the notional investment option.  Earnings shall be credited or charged against a Participant’s Part C Account(s) during periods in which such Participant has an outstanding balance in such Account(s).  The Administrator shall have the responsibility to calculate the rate of return for a notional investment option for any given period based on the actual return of the corresponding investment fund, and such calculation shall be conclusive and binding on all interested parties.  The Administrator shall solicit the initial notional investment election of Part C Participants with respect to one or more notional investment options in which the Part C Participant wishes to notionally invest their Part C Account(s).  Part C Participants may be permitted to elect to change their initial notional investment election in accordance with rules established by the Administrator.  The Administrator shall establish reasonable investment procedures with respect to the notional investment options offered by the Plan and Part C and Participants shall be required to comply with such procedures.  Such procedures shall include adequate disclosure of the Plan rules regarding the provision of investment directions to the Administrator with respect to the Participant’s notional investment election and the transfer of Account balances from one notional investment option to another.  The Administrator shall designate one of the notional investment options as the default investment option in the event a Part C Participant fails to make an affirmative, timely and effective investment election.
Section 17.5  Eligible Key Executive
“Eligible Key Executive” shall mean, with respect to any period beginning after December 31, 2012, any Key Executive who is an active U.S. Employee with the title of “Director” (i.e., “People Manager” career track), “Senior Principal” (i.e., “Individual Contributor” career track), or higher with an annual base salary of at least $150,000.  In addition, the term “Eligible Key Executive” shall include any active U.S. Employee who previously participated in the Plan and had a Part A Account or Part B Account with an account balance greater than $0 on October 31, 2012.
Section 17.6  Part C Account
““Part C Account” of a Part C Participant shall mean a deferred compensation account established for his or her benefit under Article XX hereof.  Unless clearly indicated otherwise, any reference to “Account” or “Accounts” in this Part C shall refer to a Part C Account only.  The Accounts available for each Participant shall be identified as:
a)Retirement Account(s) – each Participant may maintain up to two (2) Retirement Accounts based on selecting different forms of payment as selected under Article XXI, below; and,

b)In-Service Account(s) – each Participant may maintain up to three (3) In-Service Accounts based on selecting different times and/or forms of payment as selected under Article XXI, below.

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Section 17.7  Part C Deferred Compensation
“Part C Deferred Compensation” of a Part C Participant shall mean the amounts deferred by such Part C Participant under Article XIX of the Plan.  Unless clearly indicated otherwise, any reference to “Deferred Compensation” or “deferral of Compensation” in this Part C shall refer to a Part C Deferred Compensation only.
Section 17.8  Part C Distribution Election
“Part C Distribution Election” shall mean the election(s) made by a Part C Participant as to the timing and/or form of the distributions of any Part C Account.  Unless clearly indicated otherwise, any reference to “Distribution Election” in this Part C shall refer to a Part C Distribution Election only.
Section 17.9  Part C Election Form
“Part C Election Form” shall mean the form of election provided by the Administrator to each Eligible Key Executive and Nonemployee Director pursuant to Section 19.1.  Unless clearly indicated otherwise, any reference to “Election Form” in this Part C shall refer to a Part C Election Form only.
Section 17.10  Part C Participant
“Part C Participant” shall mean each Eligible Key Executive and Nonemployee Director who elects to participate in Part C of the Plan as provided in Article XVIII and who defers a portion of their Compensation under Part C of the Plan.  Each of such persons shall continue to be a “Part C Participant” until they have received all benefits due under Part C of the Plan.  Unless clearly indicated otherwise, any reference to “Participant” in this Part C shall refer to a Part C Participant only.

ARTICLE XVIII
ELIGIBILITY
Section 18.1  Requirements for Participation
Any Eligible Key Executive and any Nonemployee Director shall be eligible to be a Part C Participant in the Plan.
Section 18.2  Deferral Election Procedure
For each Deferral Period, the Administrator shall provide each Eligible Key Executive and Nonemployee Director with a Part C Election Form on which such person may elect to defer his or her Compensation, but only to the extent such deferrals would qualify as Section 409A Deferrals.  Each such person who elects to defer Compensation under Article XIX shall complete and sign the Part C Election Form and return it to the Administrator.

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Section 18.3  Content of Part C Election Form
Each Part C Participant who elects to defer Compensation under Part C of the Plan shall set forth on the Part C Election Form specified by the Administrator:
(a)    the amount of each element of Compensation to be deferred in the applicable Deferral Period and the identification of the Part C Account to which it is to be allocated shall be reflected in the Part C Election Form,
(b)    with respect to each Retirement Account that is being initially established in connection with the election to defer Compensation, the form in which payments of the Part C Participant’s Part C Deferred Compensation will be made from such newly established Retirement Account shall be reflected in the Part C Election Form,
(c)    with respect to each In-Service Account that is being initially established in connection with the election to defer Compensation, the time in which the Part C Participant’s Part C Deferred Compensation will be payable and the form in which payments will be made from such newly established In-Service Account shall be reflected in the Part C Election Form, and
(d)    such other information, acknowledgements or agreements as may be required by the Administrator.

ARTICLE XIX
PARTICIPANTS' DEFERRALS
Section 19.1  Deferral of Compensation
(a)    At such time and in such form as determined by the Administrator, a Participant may elect to defer into his or her Part C Account Compensation, subject to paragraph (d) of this Section 19.1, which would otherwise be payable to him or her for any Deferral Period in which he or she has not incurred a Separation from Service but only to the extent such deferrals would qualify as Section 409A Deferrals.  In no event shall the Part C Election be submitted later than the date on which the election is required to become irrevocable as set forth in this Part C or as otherwise required by Section 409A of the Code and applicable guidance.  If no other date is specified by the Administrator, the Part C Election shall be submitted no later than December 31 prior to the commencement of the Deferral Period, except (i) with respect to Performance-Based Compensation, in which case such election shall be made not later than 6 months before the end of the applicable performance period (so long as such election is made before the Performance-Based Compensation becomes both substantially certain to be paid and readily ascertainable), and (ii) with respect to a person who first becomes an Employee, which person may make such election within 30 days after first becoming an Employee and which election shall apply only to amounts paid for services to be performed after the date of such election, 

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subject to Treas. Reg. §1.409A -1(c)(2)(i)(A) or (B).  In addition, if the Administrator, in its sole discretion, permits an Eligible Key Employee or Nonemployee Director to first become eligible to participate in this Part C at any time other than January 1, and such individual is not a Participant in another plan sponsored by the Company which is considered to be of a similar type as defined in Treas. Reg. §1.409A -1(c)(2)(i)(A) or (B), or as otherwise provided by the Code, a Part C Election to defer Compensation may be submitted to the Administrator within thirty (30) days after the individual becomes eligible to participate.  Such Part C Election will be effective only with regard to Compensation earned and payable with respect to services performed following submission of the Part C Election to the Administrator.
(b)    Any such election made by a Part C Participant to defer Compensation shall be irrevocable and shall not be amendable by the Part C Participant, except in the event of a Hardship.  A Part C Participant’s deferral election for the Deferral Period in which the Hardship occurs shall be terminated with respect to all Compensation which has not yet been deferred.  Any deferral election shall specify the Account or Accounts to which such deferred Compensation shall be credited.  Amounts deferred shall be specified as a whole percentage, an exact stated dollar amount (with respect to Qualified Annual Bonus and Qualified Quarterly Bonus only) or based on such other method as may be specified by the Administrator.  
(c)    A Part C Election shall be made with respect to each payment and/or type of Compensation that is to be deferred by the Part C Participant, and shall designate the portion of each deferral that shall be allocated among the various Retirement or In-Service Accounts.  In addition, no amounts shall be deferred into an In-Service Account during a period when amounts are scheduled to be paid from such Account and until such time as that entire Account has been completely distributed. Notwithstanding anything to the contrary, for purposes of Part C of this Plan only, Qualified Salary attributable to the final pay period of any calendar year shall be deemed to be earned in the subsequent calendar year, provided the amounts are in fact paid (or payable) in the subsequent calendar year under the Company’s normal compensation practices. 
(d)    Maximum Deferrals.  Notwithstanding anything to the contrary in this Part C, the maximum amount of Qualified Salary that may be deferred for a Deferral Period shall be eighty percent (80%) and the maximum amount of Qualified Annual Bonus, Qualified Quarterly Bonus, or Qualified Director Compensation that may be deferred for a Deferral Period shall be one hundred percent (100%).
Section 19.2  Defaults in Event of Incomplete or Inaccurate Deferral Documentation
In the event that a Participant submits a Part C Election Form or Part C Distribution Election to the Administrator that contains information necessary to the efficient operation of this Plan which, in the sole discretion of the Administrator, is deemed to be missing, incomplete or inaccurate, the Administrator shall be authorized to treat such form as if the following elections had been made by the Participant, and such information shall be 

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communicated to the Participant and shall be considered to be irrevocable no later than the last day permitted under Section 409A of the Code:
(a)If no Account is listed – treat as if the Retirement Account designated as “Retirement Account #1” was elected (or if no Retirement Account has been established at that time, then a new Retirement Account will be established utilizing the default provisions in this Section 19.4);

(b)If Accounts listed equal less than 100% – treat as if the balance was deferred into the Retirement Account designated as “Retirement Account #1” (or if no Retirement Account has been established at that time, then a new Retirement Account will be established utilizing the default provisions in this Section 19.2); 

(c)If Accounts listed equal more than 100% – proportionately  reduce each Account to equal 100%;

(d)If In-Service Account is listed, but no deferrals can be made into that Account due to the fact that benefits are scheduled to be paid or are being paid from that In-Service Account, then the amounts elected to be deferred shall be credited to another In-Service Account, if such other In-Service Account is available for deferral, and if not, then to the Retirement Account with the shortest payout during such period of payment, after which time the balance of the amounts elected to be deferred shall be credited to a subsequent In-Service Account with a distribution date as elected or as provided in sub-section (f), below;

(e)If no Distribution Election is chosen – treat as if the lump sum was the form of payment elected for the In-Service Account and treat as if three (3) year installments was elected for the Retirement Account; and,

(f)If no time of payment is chosen for In-Service Account – treat as if the earliest possible date available under the provisions of Section 22.2, below was elected.

ARTICLE XX
DEFERRED COMPENSATION ACCOUNTS
Section 20.1  Part C Deferred Compensation Accounts
The Administrator shall establish and maintain for each Part C Participant a Part C Account to which shall be credited the amounts allocated thereto under this Article XX and from which shall be debited the Part C Participant's distributions and withdrawals under Article XXI.
Section 20.2  Crediting of Part C Deferred Compensation

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Each Part C Participant’s Part C Account shall be credited with an amount which is equal to the amount of the Part C Participant’s Compensation which such Part C Participant has elected to defer under Article XIX at the time such Compensation would otherwise have been paid to the Part C Participant.  Account(s) shall be deemed to exist from the time amounts are first credited to such Account(s) until such time that the entire Account Balance has been distributed in accordance with this Plan.  Any withholding of taxes or other amounts with respect to deferred Compensation or other amounts credited under this Plan that is required by local, state or federal law determined in the sole discretion of the Administrator shall be withheld from the Participant's corresponding non-deferred portion of the Compensation to the maximum extent possible, and any remaining amount shall reduce the amount credited to the Participant's Account in a manner specified by the Administrator.  Notwithstanding anything to the contrary, for purposes of this Part C of the Plan only, Qualified Salary attributable to the final pay period of any calendar year shall be deemed to be earned in the subsequent calendar year, provided the amounts are in fact paid (or payable) in the subsequent calendar year under the Company’s normal compensation practices. 
Section 20.3  Crediting of Earnings
(a)    Any Part C Account that has a balance on or after January 1, 2013 shall be credited or charged for Earnings on such Account balance as of such valuation dates as the Administrator shall determine.
Section 20.4  Applicability of Part C Account Values
The value of each Part C Participant's Part C Account as determined as of a given date under this Article, plus any amounts subsequently allocated thereto under this Article and less any amounts distributed or withdrawn under Article XXI, shall remain the value thereof for all purposes of Part C of the Plan until the Part C Account is revalued hereunder.
Section 20.5  Vesting of Part C Account Values
A Participant shall be one hundred percent (100%) vested at all times in the amount of Compensation elected to be deferred under this Part C, including any Earnings thereon.  
Section 20.6  Assignments, Etc. Prohibited
No part of any Part C Participant's Part C Account shall be liable for the debts, contracts or engagements of the Part C Participant, or the Part C Participant's beneficiaries or successors in interest, or be taken in execution by levy, attachment or garnishment or by any other legal or equitable proceeding, nor shall any such person have any rights to alienate, anticipate, commute, pledge, encumber or assign any benefits or payments hereunder in any manner whatsoever, except to designate a beneficiary as provided in Article XXII or to comply with a Domestic Relations Order as provided in Section 21.7.

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ARTICLE XXI
DISTRIBUTIONS OF DEFERRED COMPENSATION ACCOUNTS
Section 21.1  Retirement Accounts
A Participant’s Retirement Account shall be distributed to the Participant upon the Separation from Service with the Company.  
a)Timing of Payment.  Subject to Section 21.7, benefits payable from the Retirement Account shall commence on or about a date that is thirty (30) days following the Participant’s Separation from Service. 

b)Form of Payment.  The form of benefit payment shall be that form selected by the Participant in the first Part C Distribution Election which designated a portion of the Compensation deferred be allocated to the Retirement Account, as permitted pursuant to Section 21.8 below, except that if a Participant who is a Key Executive Separates from Service prior to Retirement, the Retirement Account shall be paid in the form of a lump sum payment.  If the form of payment selected provides for subsequent payments, subsequent payments shall be made on or about the anniversary of the initial payment.

c)Change of Form of Payment.  The Part C Participant may subsequently amend the form of payment from the Retirement Account, by filing such amendment with the Committee no later than twelve (12) months prior to the then current date of payment.  The Participant may file this amendment, provided that each amendment must provide for a payment as otherwise permitted under this paragraph at a date that is no earlier than five (5) years after the date of payment in force immediately prior to the filing of such request, and the amendment may not take effect for twelve (12) months after the request is made.  For purposes of this Article, a payment of amounts under this Part C of the Plan, including the payment of annual installments over a number of years, shall be treated as a single payment, as provided in Treas. Reg. §1-409A-2(b)(2)(iii).

Section 21.2  In-Service Account

A Participant's In-Service Account shall generally be distributed to the Participant upon the date specified by the Participant.
a)Timing of Payment.  Benefits payable from the In-Service Account shall commence on or about August 1st of the year specified in the first Part C Distribution Election which designated a portion of the Compensation deferred be allocated to the In-Service Account.  In no event shall the date selected be earlier than the first day of the fourth calendar year following the initial filing of the Part C Participant’s Part C Election with respect to that In-Service Account. In the event 

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that the Participant Separates from Service prior to the date so specified, the deferred Compensation under this section shall commence to be paid on or about a date that is thirty (30) days following the Participant’s Separation from Service, subject to Section 21.7.    

b)Form of Payment.  The form of benefit payment from the In-Service Account shall be that form selected by the Participant pursuant to Section 21.8, below, except that if the Participant Separates from Service prior to the date so specified, then the In-Service Account shall be paid in the form of a lump sum payment.  If the form of payment selected provides for subsequent payments, subsequent payments shall be made on or about the anniversary of the initial payment.

c) Change of Time and/or Form of Payment.  The Participant may subsequently amend the form of payment or the intended date of payment to a date later than that date of payment in force immediately prior to the filing of such request, by filing such amendment with the Committee no later than twelve (12) months prior to the then current date of payment. The Participant may file this amendment, provided that each amendment must provide for a payment as otherwise permitted under this paragraph at a date no earlier than five (5) years after the date of payment in force immediately prior to the filing of such request, and the amendment may not take effect for twelve (12) months after the request is made.  For purposes of this Article, a payment of amounts under this Plan, including the payment of annual installments over a number of years, shall be treated as a single payment, as provided in Treas. Reg. §1-409A-2(b)(2)(iii).

Section 21.3  Death Benefits
Upon the death of a Part C Participant, the Company shall pay to the Part C Participant's Beneficiary an amount equal to the unpaid Account balance in each of the Participant’s Plan C Account in the form of a lump sum payment as soon as administratively possible following death, but in no event later than ninety (90) days following death. 
Section 21.4  Change in Control 
A Participant who is a Key Executive may elect to receive a distribution of all Part C Account balances upon a Change in Control, provided that such election is made at the time that the Participant submits his or her initial Part C Election.  If such election is made at that appropriate time, the election shall apply to all Part C Account balances, regardless of when created.  The payment under this Section 21.4 shall be in the form of a lump sum payment and shall be made as soon as practical following a Change in Control, but in no event later than ninety (90) days following such Change in Control.    

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Section 21.5  Hardship Distributions
(a)    By delivering a written election to such effect to the Administrator, at any time a Part C Participant may elect to take a distribution from the Participant's Part C Account on account of the Participant's Hardship, but only to the extent that the Hardship is not otherwise relievable:
(i)    through reimbursement or compensation by insurance or otherwise, 
(ii)    by liquidation of the Participant’s assets (to the extent that such liquidation does not itself cause a Hardship), or
(iii)    cessation of deferrals under the Plan.
(b)    The amount of the hardship withdrawal pursuant to this Section 21.5 shall not exceed the amount reasonably necessary to satisfy the emergency need (which may include amounts necessary to pay any Federal, state, or local income taxes or penalties reasonably anticipated to result from the distribution).
Section 21.6  Disability Distributions
Upon a finding that a Participant has suffered a Disability, the Administrator shall make a distribution of all of the Participant’s Part C Accounts. The amount of such distribution shall be made in the form of a lump sum and shall commence shall be made as soon as practical after the determination of such Disability, but in no event later than ninety (90) days following such determination.
Section 21.7  Required Delay in Payments to Certain Part C Participants
Notwithstanding anything herein to the contrary: no distributions to a Specified Employee under Part C of the Plan that are to be made as a result of the Specified Employee’s Separation from Service for any reason other than death or Disability shall be made or commence prior to the date that is the earlier of six months after the date of Separation from Service or the date of the Specified Employee’s death, or such shorter period that, in the opinion of such counsel, is sufficient to avoid the imposition of the additional tax under Section 409A(a)(1)(B) or any other taxes or penalties imposed under Section 409A (the “Section 409A Taxes”).  Any payment subject to a delay under this Section 21.7 will be calculated as otherwise provided under this Article XXI as if the Participant’s Separation from Service occurred on the date that is the earlier of six months after the date of Separation from Service or the date of the Specified Employee’s death.  Subsequent payments, if so elected, will be made on or about the anniversary of the Participant’s Separation from Service.   
Section 21.8  Form of Payment
Account(s) under Part C shall be paid in the form of benefit as provided below, and specified by the Part C Participant in the Part C Distribution Election applicable to the Part 

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C Participant’s Account at the time of the initial deferral or credit to that Account.  The permitted forms of benefit payments are:
a)A lump sum amount which is equal to the Account balance; and

b)Annual installments for a period of up to fifteen (15) years (or in the event of payment of the In-Service Account, a maximum of five (5) years) where the annual payment shall be equal to the balance of the Account immediately prior to the payment, multiplied by a fraction, the numerator of which is one (1) and the denominator of which commences at the number of annual payment initially chosen and is reduced by one (1) in each succeeding year.

Section 21.9  Small Account
If the unpaid balance of a Part C Account is less than $25,000 as of the time payments are to commence from that Account, the remaining balance of that Account shall be paid in a lump sum, notwithstanding any election by the Participant to the contrary.
Section 21.10  Applicable Taxes
All distributions under Part C of the Plan shall be subject to withholding for all amounts which the Company is required to withhold under federal, state or local tax law.
Section 21.11  Payments to Pay Employment Taxes
The Administrator may make a distribution from a Part C Account as and to the extent necessary, as determined by the Administrator, to pay (a) the Federal Insurance Contributions Act (FICA) tax imposed on the Part C Participant in respect of Section 409A Deferrals under Sections 3101, 3121(a) and 3121(v)(2) of the Code, as applicable, and/or (b) any income tax withholding imposed on the Participant in respect of Section 409A Deferrals under federal, state or local tax law as a result of the payment of the FICA tax; provided, in each case, that such distribution does not exceed the aggregate amount of the FICA tax and such income tax withholding.
Section 21.12  Payments Upon Amounts Becoming Subject to Section 409A of the Code
The Administrator shall automatically make a distribution from a Part C Account at any time the Administrator determines, upon the advice of counsel, that all or a portion of Part C of this Plan fails to meet the requirements of Section 409A; provided that any distribution pursuant to this Section 21.12 does not exceed the amount required to be included in income as a result of the failure to comply with the requirements of Section 409A.
Section 21.13  Payment of Withdrawals

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All withdrawals under Sections 21.5, 21.11 and 21.12 shall be paid within thirty (30) days after either (i) a valid election to withdraw pursuant to Section 21.5 is delivered to the Administrator or (ii) the Administrator makes a determination to permit the withdrawal under Sections 21.11 or 21.12. The Administrator shall give prompt notice to the Part C Participant if an election under Section 21.5 is invalid and is therefore rejected, identifying the reason(s) for the invalidity.  If the Administrator has not paid but has not affirmatively rejected an election within the applicable thirty (30) day deadline, then the election shall be deemed rejected, on the thirtieth (30th) day, as applicable.  If a withdrawal election is rejected, the Part C Participant may bring a claim for benefits under Section 15.11 of the Plan.
Section 21.14  Effect of Withdrawals
If a Part C Participant receives a withdrawal under Sections 21.5, 21.11 or 21.12 after payments have commenced under this Article XXI, the remaining payments shall be recalculated, by reamortizing the remaining payments over the remaining term and applying the then-current rate used to credit Earnings under Section 20.3.
Section 21.5  Payments to Guardian
If a Plan benefit is payable to a minor or a person declared incompetent or to a person incapable of handling the disposition of the property, the Administrator may direct payment to the guardian, legal representative or person having the care and custody of such minor, incompetent or person.  The Administrator may require proof of incompetency, minority, incapacity or guardianship as it may deem appropriate prior to distribution.  Such distribution shall completely discharge the Administrator and the Company from all liability with respect to such benefit.
Section 21.6  Effect of Payment
The full payment of the applicable benefit under this Article XXI shall completely discharge all obligations on the part of the Company to the Participant (and the Participant’s Beneficiary) with respect to the operation of the Participant’s Part C Account(s), and the Participant’s (and Participant’s Beneficiary’s) rights under Part C of this Plan shall terminate.
Section 21.7  Payments in Connection with a Domestic Relations Order
Notwithstanding anything to the contrary, the Administrator may make distributions to someone other than the Participant if such payment is necessary to comply with a domestic relations order, as defined in Section 414(p)(1)(B) of the Code, involving the Participant.  Where the domestic relations order permits discretion on the part of the non-Participant spouse and such discretion has not been exercised, the Administrator shall distribute to the non-Participant spouse the amounts subject to the order as soon as practical.

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ARTICLE XXII
BENEFICIARY DESIGNATION
Section 22.1  Beneficiary Designation
Each Participant shall have the right, at any time, to designate one (1) or more persons or entity as Beneficiary (both primary as well as secondary) to whom benefits shall be paid in the event of Participant's death prior to complete distribution of the Participant's vested Account balance.  Each Beneficiary designation shall be in a written form prescribed by the Administrator and shall be effective only when filed with the Administrator during the Participant's lifetime.
Section 22.2  Changing Beneficiary
Any Beneficiary designation may be changed by a Participant without the consent of the previously named Beneficiary by the filing of a new Beneficiary designation with the Administrator.
Section 22.3  No Beneficiary Designation
If any Participant fails to designate a Beneficiary in the manner provided above, if the designation is void, or if the Beneficiary designated by a deceased Participant dies before the Participant or before complete distribution of the Participant's benefits, the Participant's Beneficiary shall be the person in the first of the following classes in which there is a survivor:
a)A Participant’s surviving spouse; 

b)The Participant's children in equal shares, except that if any of the children predeceases the Participant but leaves surviving issue, then such issue shall take by right of representation the share the deceased child would have taken if living; and

c)The Participant’s estate.

Section 22.4  Effect of Payment
Payment to the Beneficiary shall completely discharge the Company's obligations under Part C of this Plan.

[SIGNATURE PAGE FOLLOWS]

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IN WITNESS WHEREOF, the Company has caused this amended and restated document to be executed this 19th day of December, 2012.

COMPUTER SCIENCES CORPORATION 
 
 
 
By:    /s/ Sunita  Holzer
Sunita Holzer 
Executive Vice President and 
Chief Human Resources Officer

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APPENDIX A – NOTIONAL INVESTMENT OPTIONS
Effective for periods on or after January 1, 2013, the following notional investment options shall be offered under the Plan with respect to Part A Account balances and Part B Account balances credited as of December 31, 2012, and with respect to Part C Account balances:
		
	1.
	State Street Money Market Fund,

		
	2.
	S & P 500 Index Fund (managed by Mellon Capital);

		
	3.
	Core Bond Fund (managed by BlackRock) and

		
	4.
	Target Date Retirement Funds (2010, 2015, 2020, 2025, 2030, 2035, 2040, 2045, and 2050 (managed by State Street).

These notional investment options are intended to qualify as predetermined actual investments within the meaning of Treas. Reg. § 31.3121(v)(2)-1(d)(2), and correspond to investment options offered under the Computer Sciences Corporation Matched Asset Plan.
The State Street Money Market Fund is the notional default investment option under the Plan.  Thus, if a Participant fails to make a timely effective investment election, the Participant’s balances for any Part A, Part B or Part C Accounts shall be notionally invested in the State Street Money Market Fund.

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APPENDIX B – SUMMARY PLAN INFORMATION

Plan Sponsor:                Computer Sciences Corporation
3170 Fairview Park Drive
Falls Church, VA 22042
703-876-1000
Agent for Service of Legal Process:    Computer Sciences Corporation
3170 Fairview Park Drive
Falls Church, VA 22042
703-876-1000
Employer Identification Number:        95-2043126
Plan Year:                    January 1 to December 31

The Plan constitutes two separate plans, one for the benefit of Nonemployee Directors (the “Nonemployee Director Plan”) and one for the benefit of Key Executives (the “Key Executive Plan”).  The Key Executive Plan is a nonqualified deferred compensation plan which is unfunded and is maintained primarily for the purpose of providing 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, as defined below.  The Key Executive Plan is not subject to the minimum funding requirements of ERISA and benefits under the Plan are not guaranteed by the Pension Benefit Guaranty Corporation under Title IV of ERISA.  The Nonemployee Director Plan is not subject to ERISA.

Statement of Rights and Protections Under ERISA
Participants in the Key Executive Plan are entitled to certain rights and protections under ERISA.  ERISA provides that all Key Executive Plan Participants shall be entitled to:
Receive Information About Your Plan and Benefits
		
	1.
	Examine, without charge, at the Administrator’s office and at other specified locations, such as worksites and union halls, all documents governing the Key Executive Plan.

66

		
	2.
	Obtain, upon written request to the Administrator, copies of all documents governing the operation of the Key Executive Plan.  The Administrator may make a reasonable charge for the copies.

		
	3.
	Obtain a statement telling you the value of your Key Executive Plan Account.  This statement must be requested in writing and is not required to be given more than once every twelve (12) months.  The Key Executive Plan must provide the statement free of charge.

Enforce Your Rights
If your claim for a Key Executive Plan benefit is denied or ignored, in whole or in part, you have a right to know why this was done, to obtain copies of documents relating to the decision without charge, and to appeal any denial, all within certain time schedules.
Under ERISA, there are steps you can take to enforce the above rights.  For instance, if you request a copy of plan documents or the latest annual report from the plan and do not receive them within 30 days, you may file suit in a Federal court.  In such a case, the court may require the Plan Administrator to provide the materials and pay you up to $110 a day until you receive the materials, unless the materials were not sent because of reasons beyond the control of the Administrator.  If you have a claim for benefits which is denied or ignored, in whole or in part, you may file suit in a state or Federal court.  In addition, if you disagree with the Key Executive Plan’s decision or lack thereof concerning the qualified status of a domestic relations order, you may file suit in Federal court.
Notwithstanding the foregoing provisions of this Statement of ERISA Rights, you must exhaust the Plan’s administrative claim and appeal procedures (described above) prior to filing any lawsuit.
Assistance with Your Questions
If you have any questions about your Key Executive Plan, you should contact the Administrator.  If you have any questions about this statement or about your rights under ERISA, or if you need assistance in obtaining documents from the plan administrator, you should contact the nearest office of the Employee Benefits Security Administration (formerly the Pension and Welfare Benefits Administration), U.S. Department of Labor, listed in your telephone directory or the Division of Technical Assistance and Inquiries, Employee Benefits Security Administration, U.S. Department of Labor, 200 Constitution Avenue N.W., Washington, D.C. 20210.  You may also obtain certain publications about your rights and responsibilities under ERISA by calling the publications hotline of the Employee Benefits Security Administration.

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