Document:

Supplemental Indenture, dated November 1, 2009

 Exhibit 4a(30) 
 SUPPLEMENTAL MORTGAGE 
  
  
 Supplemental Indenture

 Dated November 1, 2009 
  
  
 SUPPLEMENTAL TO 
 FIRST AND REFUNDING MORTGAGE 

 DATED AUGUST 1, 1924 
  
  
 PUBLIC SERVICE
ELECTRIC AND GAS COMPANY 
 TO 
 US BANK NATIONAL ASSOCIATION 
 Trustee 
 21 South Street 
 Morristown, New Jersey 07960 
  
  
 PROVIDING FOR
THE ISSUE OF 
 $1,500,000,000 FIRST AND REFUNDING MORTGAGE BONDS, 
 MEDIUM-TERM NOTES SERIES G 
  
  
 RECORD IN MORTGAGE BOOK AND RETURN
TO: 
 JAMES T. FORAN, ESQ. 
 80 PARK PLAZA, T5B 
 NEWARK, N.J. 07102-4194 
  

	
	Prepared by
	
	(JAMES T. FORAN, ESQ.)

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	 RECITALS
	  		  	1
	 FORM OF BOND
	  		  	3
	 FORM OF CERTIFICATE OF
AUTHENTICATION
	  	5
	 GRANTING CLAUSES
	  		  	6
			
		  	ARTICLE I.	  	
		  	BONDS OF THE MEDIUM-TERM NOTES SERIES G.	  	
	 DESCRIPTION OF SERIES
	  		  	7
			
		  	ARTICLE II.	  	
		  	REDEMPTION OF BONDS OF MEDIUM-TERM NOTES
SERIES G.	  	
	 SECTION 2.01.
	  	 Redemption—Redemption Price
	  	7
	 SECTION 2.02.
	  	 Redemptions Pursuant to Section 4C of Article Eight of the Indenture
	  	8
	 SECTION 2.03.
	  	 Interest on Called Bonds to Cease
	  	8
	 SECTION 2.04.
	  	 Bonds Called in Part
	  	8
	 SECTION 2.05.
	  	 Provisions of Indenture Not Applicable
	  	8
			
		  	ARTICLE III.	  	
		  	CREDITS WITH RESPECT TO BONDS OF THE	  	
		  	MEDIUM-TERM NOTES SERIES G.	  	
	 SECTION 3.01.
	  	 Credits
	  	8
	 SECTION 3.02.
	  	 Certificate of the Company
	  	8
			
		  	ARTICLE IV.	  	
		  	MISCELLANEOUS.	  	
	 SECTION 4.01.
	  	 Authentication of Bonds of Medium-Term Notes Series G
	  	9
	 SECTION 4.02.
	  	 Additional Restrictions on Authentication of Additional Bonds Under Indenture
	  	9
	 SECTION 4.03.
	  	 Restriction on Dividends
	  	9
	 SECTION 4.04.
	  	 Use of Facsimile Seal and Signatures
	  	9
	 SECTION 4.05.
	  	 Time for Making of Payment
	  	9
	 SECTION 4.06.
	  	 Effective Period of Supplemental Indenture
	  	9
	 SECTION 4.07.
	  	 Effect of Approval of Board of Public Utilities of the State of New Jersey
	  	9
	 SECTION 4.08.
	  	 Execution in Counterparts
	  	10
	 ACKNOWLEDGEMENTS
	  		  	12
	 CERTIFICATE OF RESIDENCE
	  	13

 SUPPLEMENTAL INDENTURE, dated the 1st day of November 2009 for convenience of reference and
effective from the time of execution and delivery hereof, between PUBLIC SERVICE ELECTRIC AND GAS COMPANY, a corporation organized under the laws of the State
of New Jersey, hereinafter called the “Company”, party of the first part, and US Bank National Association, a national banking association organized under the laws of the United States of America, as successor Trustee to Wachovia Bank,
National Association (previously known as Fidelity Union Trust Company) under the indenture dated August 1, 1924, below mentioned, hereinafter called the “Trustee”, party of the second part. 
 WHEREAS, on July 25, 1924, the Company executed and delivered to FIDELITY UNION TRUST
COMPANY, a certain indenture dated August 1, 1924 (hereinafter called the “Indenture”) to secure and to provide for the issue of First and Refunding Mortgage Gold Bonds of the Company; and 
 WHEREAS, the Indenture has been recorded in the following counties of the State of New Jersey, in the offices, and therein in
the books and at the pages, as follows: 
  

							
	 County
	  	Office	  	Book Number	  	Page
Number
	 Atlantic
	  	Clerk’s	  	1955 of Mortgages	  	160
	 Bergen
	  	Clerk’s	  	    94 of Chattel Mortgages	  	123 etc.
	 Burlington
	  	Clerk’s	  	  693 of Mortgages
     52 of
Chattel Mortgages
	  	88 etc.
 Folio 8
etc.

	 Camden
	  	Register’s	  	  177 of Mortgages
     45 of
Chattel Mortgages
	  	Folio 354 etc.
 184
etc.

	 Cumberland
	  	Clerk’s	  	  239 of Mortgages
   786 of
Mortgages
	  	1 etc.
 638 &
c.

	 Essex
	  	Register’s	  	  437 of Chattel Mortgages	  	1-48
		  		  	T-51 of Mortgages	  	341-392
	 Gloucester
	  	Clerk’s	  	    34 of Chattel Mortgages	  	123 etc.
	 Hudson
	  	Register’s	  	  142 of Mortgages
   453 of Chattel
Mortgages
	  	7 etc.
 9 etc.

		  		  	1245 of Mortgages	  	484, etc.
	 Hunterdon
	  	Clerk’s	  	  151 of Mortgages	  	344
	 Mercer
	  	Clerk’s	  	    67 of Chattel Mortgages	  	1 etc.
	 Middlesex
	  	Clerk’s	  	  384 of Mortgages
   113 of Chattel
Mortgages
	  	1 etc.
 3 etc.

		  		  	  437 of Mortgages	  	294 etc.
	 Monmouth
	  	Clerk’s	  	  951 of Mortgages	  	291 & c.
	 Morris
	  	Clerk’s	  	  N-3 of Chattel Mortgages	  	446 etc.
		  		  	F-10 of Mortgages	  	269 etc.
	 Ocean
	  	Clerk’s	  	1809 of Mortgages	  	40
	 Passaic
	  	Register’s	  	 M-6 of Chattel Mortgages	  	178, etc.
		  		  	R-13 of Mortgages	  	268 etc.
	 Salem
	  	Clerk’s	  	  267 of Mortgages	  	249 etc.
	 Somerset
	  	Clerk’s	  	    46 of Chattel Mortgages	  	207 etc.
	 Sussex
	  	Clerk’s	  	N-10 of Mortgages
   123 of Mortgages
	  	1 etc.
 10 &
c.

	 Union
	  	Register’s	  	9584 of Mortgages	  	259 etc.
	 Warren
	  	Clerk’s	  	  124 of Mortgages	  	141 etc.

  

 1 

 and 
 WHEREAS, the Indenture has also been recorded in the following counties of the Commonwealth of Pennsylvania, in the offices, and therein in the books and at the pages, as follows:

  

							
	 County
	  	Office	  	Book Number	  	Page
Number
	 Adams
	  	Recorder’s	  	22 of Mortgages	  	105
	 Armstrong
	  	Recorder’s	  	208 of Mortgages	  	381
	 Bedford
	  	Recorder’s	  	90 of Mortgages	  	917
	 Blair
	  	Recorder’s	  	671 of Mortgages	  	430
	 Cambria
	  	Recorder’s	  	407 of Mortgages	  	352
	 Cumberland
	  	Recorder’s	  	500 of Mortgages	  	136
	 Franklin
	  	Recorder’s	  	285 of Mortgages	  	373
	 Huntington
	  	Recorder’s	  	128 of Mortgages	  	47
	 Indiana
	  	Recorder’s	  	197 of Mortgages	  	281
	 Lancaster
	  	Recorder’s	  	984 of Mortgages	  	1
	 Montgomery
	  	Recorder’s	  	5053 of Mortgages	  	1221
	 Westmoreland
	  	Recorder’s	  	1281 of Mortgages	  	198
	 York
	  	Recorder’s	  	31-V of Mortgages	  	446

 and 
 WHEREAS, the Indenture granted, bargained, sold, aliened, remised, released, conveyed, confirmed, assigned, transferred and
set over unto the Trustee certain property of the Company, more fully set forth and described in the Indenture, then owned or which might thereafter be acquired by the Company; and 
 WHEREAS, the Company, by various supplemental indentures, supplemental to the Indenture, the last of which was dated
November 1, 2008, has granted, bargained, sold, aliened, remised, released, conveyed, confirmed, assigned, transferred and set over unto the Trustee certain property of the Company acquired by it after the execution and delivery of the
Indenture; and 
 WHEREAS, since the execution and delivery of said supplemental indenture dated November 1,
2008, the Company has acquired property which, in accordance with the provisions of the Indenture, is subject to the lien thereof and the Company desires to confirm such lien; and 
 WHEREAS, the Indenture has been amended or supplemented from time to time; and 
 WHEREAS, it is provided in the Indenture that no bonds other than those of the 5-1/2% Series due 1959 therein authorized may
be issued thereunder unless a supplemental indenture providing for the issue of such additional bonds shall have been executed and delivered by the Company to the Trustee; and 
 WHEREAS, the Company is making provisions for the issuance and sale of its Secured Medium-Term Notes, Series G (the
“Series G Notes”), to be issued under an Indenture of Trust (the “Note Indenture”) dated as of July 1, 1993 between the Company and The Chase Manhattan Bank (National Association) as predecessor trustee (The Bank of New York
Mellon, as successor trustee to the predecessor trustee), as Trustee (the “Note Trustee”); and 
 WHEREAS, such Note Indenture provides, among other things, for the pledge and delivery by the Company of a series of First and Refunding Mortgage Bonds of the Company to evidence the Company’s obligation to pay the
principal and interest with respect to outstanding Series G Notes; and for such purpose and in order to service and secure payment of the principal and interest in respect of the Series G Notes, the Company desires to provide for the issue of
$1,500,000,000 aggregate principal amount of bonds under the Indenture of a series to be designated as “First and Refunding Mortgage Bonds, Medium-Term Notes Series G” (hereinafter sometimes called “Bonds of the Medium-Term Notes
Series G”); and 
  

 2 

 WHEREAS, the text of the Bonds of the Medium-Term Notes Series G and of the
certificate of authentication to be borne by the Bonds of the Medium-Term Notes Series G shall be substantially of the following tenor: 
 (FORM OF BOND) 
 This Bond is not transferable except as provided in the
Indenture and in the Indenture of Trust dated as of July 1, 1993 between the Company and The Chase Manhattan Bank (National Association) (The Bank of New York Mellon, successor trustee) as Trustee. 
  

				
	 REGISTERED
 NUMBER
	  	REGISTERED
AMOUNT
	 R
	  	$	1,500,000,000

 PUBLIC SERVICE
ELECTRIC AND GAS COMPANY 
 FIRST AND REFUNDING MORTGAGE
BOND, 
 MEDIUM-TERM NOTES SERIES G 
 Public Service Electric and Gas Company (hereinafter called the “Company”), a corporation of the State of New Jersey, for value
received, hereby promises to pay to The Bank of New York Mellon as succssor trustee to The Chase Manhattan Bank (National Association)), under the Indenture of Trust dated as of July 1, 1993 between the Company and such trustee, or registered
assigns, on the surrender hereof, the principal sum of One Billion and Five Hundred Million Dollars, on November 1, 2044, and to pay interest thereon from the date hereof, at the rate of 10% per annum, and until payment of said principal
sum, such interest to be payable May 1 and November 1 in each year; provided, however, that the Company shall receive certain credits against such obligations as set forth in the Supplemental Indenture dated November 1, 2009 referred
to below. 
 Both the principal hereof and interest hereon shall be paid at the principal corporate trust office of US Bank
National Association in the City of Morristown, State of New Jersey, or (at the option of the registered owner) at the corporate trust office of any paying agent appointed by the Company, in such coin or currency of the United States of America as
at the time of payment shall constitute legal tender for the payment of public and private debts; provided, however, that any such payments of principal and interest shall be subject to receipt of certain credits against such payment obligations as
set forth in the Supplemental Indenture dated November 1, 2009 referred to below. 
 This Bond is one of the First and
Refunding Mortgage Bonds of the Company issued and to be issued under and pursuant to, and all equally secured by, an indenture of mortgage or deed of trust dated August 1, 1924, as supplemented and amended by supplemental indentures thereto,
including the Supplemental Indenture dated November 1, 2009, duly executed by the Company and US Bank National Association as Trustee. This Bond is one of the Bonds of the Medium-Term Notes Series G, which series is limited to the aggregate
principal amount of $1,500,000,000 and is issued pursuant to said Supplemental Indenture dated November 1, 2009. Reference is hereby made to said indenture and all supplements thereto for a specification of the principal amount of Bonds from
time to time issuable thereunder, and for a description of the properties mortgaged and conveyed or assigned to said Trustee or its successors, the nature and extent of the security, and the rights of the holders of said Bonds and any coupons
appurtenant thereto, and of the Trustee in respect of such security. 
  

 3 

 In and by said indenture, as amended and supplemented, it is provided that with the written
approval of the Company and the Trustee, any of the provisions of said indenture may from time to time be eliminated or modified and other provisions may be added thereto provided the change does nor alter the annual interest rate, redemption price
or date, date of maturity or amount payable on maturity of any then outstanding Bond or conflict with the Trust Indenture Act of 1939 as then in effect, and provided the holders of 85% in principal amount of the Bonds secured by said indenture and
then outstanding (including, if such change affect the Bonds of one or more series but less than all series then outstanding, a like percentage of the then outstanding Bonds of each series affected by such change, and excluding Bonds owned or
controlled by the Company or by the parties owning at least 10% of the outstanding voting stock of the Company, as more fully specified in said indenture) consent in writing thereto, all as more fully set forth in said indenture, as amended and
supplemented. 
 First and Refunding Mortgage Bonds issuable under said indenture are issuable in series, and the Bonds of any
series may be for varying principal amounts and in the form of coupon bonds and of registered bonds without coupons, and the Bonds of any one series may differ from the Bonds of any other series as to date, maturity, interest rate and otherwise, all
as in said indenture provided and set forth. The Bonds of the Medium-Term Notes Series G, in which this Bond is included, are designated “First and Refunding Mortgage Bonds, Medium-Term Notes Series G”. 
 In case of the happening of an event of default as specified in said indenture and said supplemental indenture dated March 1, 1942, the
principal sum of the Bonds of this series may be declared or may become due and payable forthwith, in the manner and with the effect in said indenture provided. 
 The Bonds of this series are subject to redemption as provided in the Supplemental Indenture dated November 1, 2009. 
 This Bond is transferable, but only as provided in said indenture and the Indenture of Trust dated as of July 1, 1993 between the Company and The Chase Manhattan Bank (National Association) as
predecessor trustee (The Bank of New York Mellon, as successor trustee to the predecessor trustee), as trustee, upon surrender hereof, by the registered owner in person or by attorney duly authorized in writing, at either of said offices where the
principal hereof and interest hereon are payable; upon any such transfer a new fully registered Bond similar hereto will be issued to the transferee. This Bond may in like manner be exchanged for one or more new fully registered Bonds of the same
series of other authorized denominations but of the same aggregate principal amount. No service charge shall be made for any such transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed in relation thereto. The Company and the Trustee hereunder and any paying agent may deem and treat the person in whose name this Bond is registered as the absolute owner hereof for the purpose of receiving payment of or on
account of the principal hereof and the interest hereon and for all other purposes; and neither the Company nor the Trustee hereunder nor any paying agent shall be affected by any notice to the contrary. 
 The Bonds of this series are issuable only in fully registered form, in any denomination authorized by the Company. 
 No recourse under or upon any obligation, covenant or agreement contained in said indenture or in any indenture supplemental thereto, or in
any Bond issued thereunder, or because of any indebtedness arising thereunder, shall be had against any incorporator, or against any past, present or future stockholder, officer, or director, as such, of the Company or of any successor corporation,
either directly or through the Company or any successor corporation, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, it being expressly agreed
and understood that said indenture, any indenture supplemental thereto and the obligations issued thereunder, are solely corporate obligations, and that no personal liability whatever shall attach to, or be incurred by, such incorporators,
stockholders, officers or directors, as such, of the Company, or of any successor corporation, or any of them, because of the incurring of the indebtedness thereby authorized, or under or by reason of any of the obligations, covenants or agreements
contained in the indenture or in any indenture supplemental thereto or in any of the Bonds issued thereunder, or implied therefrom. 
  

 4 

 This Bond shall not be entitled to any security or benefit under said indenture, as amended
and supplemented, and shall not become valid or obligatory for any purpose, until the certificate of authentication, hereon endorsed, shall have been signed by US Bank National Association as Trustee, or by its successor in trust under said
indenture. 
 IN WITNESS WHEREOF, the Company has caused this Bond to be duly
executed by its proper officers under its corporate seal. 
 Dated 
  

			
	PUBLIC SERVICE ELECTRIC AND GAS COMPANY,
		
	By	 	 
		 	(Vice) President

  

	
	(Seal)
	Attest:
	
	  
	(Assistant) Secretary

 (FORM
OF CERTIFICATE OF AUTHENTICATION) 
 CERTIFICATE
OF AUTHENTICATION 
 This Bond is one of the Bonds of the series designated therein which is
described in the within-mentioned indenture and supplemental indenture dated November 1, 2009, as secured thereby. 
  

			
	US BANK NATIONAL ASSOCIATION, TRUSTEE,
		
	By	 	 
		 	Authorized Signatory

  

 5 

 WHEREAS, the execution and delivery of this supplemental indenture have been
duly authorized by the Board of Directors of the Company; and 
 WHEREAS, the Company represents that all things
necessary to make the bond of the series hereinafter described, when duly authenticated by the Trustee and issued by the Company, a valid, and legal obligation of the Company, and to make this supplemental indenture a valid and binding agreement
supplemental to the Indenture, have been done and performed: 
 NOW, THEREFORE,
THIS SUPPLEMENTAL INDENTURE WITNESSETH that the Company, in consideration of the premises and the execution and delivery by the Trustee of this supplemental indenture, and in pursuance of
the covenants and agreements contained in the Indenture and for other good and valuable consideration, the receipt of which is hereby acknowledged, has granted, bargained, sold, aliened, remised, released, conveyed, confirmed, assigned, transferred
and set over, and by these presents does grant, bargain, sell, alien, remise, release, convey, confirm, assign, transfer and set over unto the Trustee, its successors and assigns, forever, all the right, title and interest of the Company in and to
all property of every kind and description (except cash, accounts and bills receivable and all merchandise bought, sold or manufactured for sale in the ordinary course of the Company’s business, stocks, bonds or other corporate obligations or
securities, other than such as are described in Part V of the Granting Clauses of the Indenture, not acquired with the proceeds of bonds secured by the Indenture, and except as in the Indenture and herein otherwise expressly excluded) acquired by
the Company since the execution and delivery of the supplemental indenture dated November 1, 2009 , subsequent to the Indenture (except any such property duly released from, or disposed of, free from the lien of the Indenture, in accordance
with the provisions thereof) and all such property which at any time hereafter may be acquired by the Company; 
 All of which
property it is intended shall be included in and granted by this supplemental indenture and covered by the lien of the Indenture as heretofore and hereby amended and supplemented; 
 UNDER AND SUBJECT to any encumbrances or mortgages existing on property acquired by the Company
at the time of such acquisition and not heretofore discharged of record; and 
 SUBJECT also, to the exceptions,
reservations and provisions in the Indenture and in this supplemental indenture recited, and to the liens, reservations, exceptions, limitations, conditions and restrictions imposed by or contained in the several deeds, grants, franchises and
contracts or other instruments through which the Company acquired or claims title to the aforesaid property; and Subject, also, to the existing leases, to liens on easements or rights of way, to liens for taxes, assessments and governmental charges
not in default or the payment of which is deferred, pending appeal or other contest by legal proceedings, pursuant to Section 4 of Article Five of the indenture, or the payment of which is deferred pending billing, transfer of title or final
determination of amount, to easements for alleys, streets, highways, rights of way and railroads that may run across or encroach upon the said property, to joint pole and similar agreements, to undetermined liens and charges, if any, incidental to
construction, and other encumbrances permitted by the indenture as heretofore and hereby amended and supplemented; 
 TO HAVE AND TO HOLD the property hereby conveyed or assigned, or intended to be conveyed or assigned, unto the Trustee, its successor or successors and assigns,
forever; 
 IN TRUST, NEVERTHELESS, upon the terms, conditions and trusts set forth
in the Indenture as heretofore and hereby amended and supplemented, to the end that the said property shall be subject to the lien of the Indenture as heretofore and hereby amended and supplemented, with the same force and effect as though said
property had been included in the Granting Clauses of the Indenture at the time of the execution and delivery thereof; 
  

 6 

 AND THIS SUPPLEMENTAL INDENTURE
FURTHER WITNESSETH that for the considerations aforesaid, it is hereby covenanted between the Company and the Trustee as follows: 
 ARTICLE I. 
 BONDS OF THE
MEDIUM-TERM NOTES SERIES G. 
 The series of bonds authorized by
this supplemental indenture to be issued under and secured by the Indenture shall be designated “First and Refunding Mortgage Bonds, Medium-Term Notes Series G”; shall be limited to the aggregate principal amount of $1,500,000,000; shall
be issued initially to the Note Trustee and shall mature and bear interest as set forth in the form of bond set forth herein; provided, however, that the Company shall receive certain credits against principal and interest as set forth in
Section 3.01 hereof. The date of each Bond of the Medium-Term Notes Series G shall be the interest payment date next preceding the date of authentication, unless such date of authentication be an interest payment date, in which case the date
shall be the date of authentication, or unless such date of authentication be prior to the first semi-annual interest payment date, in which case the date shall be November 1, 2009. 
 Bonds of the Medium-Term Notes Series G shall be issuable only in the form of fully registered bonds in any denomination authorized by the
Company. Interest on the Bonds of the Medium-Term Notes Series G shall be payable semi-annually in arrears on May 1 and November 1 of each year, payable initially on May 1, 2010, subject to receipt of certain credits against principal
and interest as set forth in Section 3.01 hereof and shall be payable as to both principal and interest in such coin or currency of the United States of America as at the time of payment shall constitute legal tender for the payment of public
and private debts, at the principal corporate trust office of the Trustee, or at the corporate trust office of any paying agent appointed. 
 Bonds of the Medium-Term Notes Series G shall be transferable and exchangeable, but only as provided in the Indenture and the Note Indenture, upon surrender thereof for cancellation by the registered
owner in person or by attorney duly authorized in writing at either of said offices. The Company hereby waives any right to make a charge for any transfer or exchange of Bonds of the Medium-Term Notes Series G, but the Company may require payment of
a sum sufficient to cover any tax or any other governmental charge that may be imposed in relation thereto. 
 ARTICLE II.

 REDEMPTION OF BONDS OF MEDIUM-TERM
NOTES SERIES G. 
 Section 2.01. Redemption—Redemption Price. Bonds of the Medium-Term
Notes Series G shall be subject to redemption prior to maturity under the conditions, and upon payment of the amounts as may be specified in the following conditions: 
 (a) at any time in whole or in part at the option of the Company upon receipt by the Trustee of written certification of the
Company and of the Note Trustee that the principal amount of the Series G Notes then outstanding under the Note Indenture is not in excess of such principal amount of the Bonds of the Medium-Term Notes Series G as shall remain pledged to the Note
Trustee after giving effect to such redemption; (b) at any time by the application of any proceeds of released property or other money held by the Trustee and which, pursuant to Section 4C of Article Eight of the Indenture, as amended and
supplemented, are applied to the redemption of Bonds of the Medium-Term Notes Series G, upon payment of 100% of the principal amount thereof, together with interest accrued to the redemption date, provided that any such payment shall be subject to
receipt by the Company of certain credits against such obligations as set forth in Section 3.01 hereof or (c) automatically upon failure to pay the principal of any Series G Notes then outstanding under the Note Indenture when due, on
their stated maturity date or earlier redemption or repayment date, in a principal amount of Bonds of the Medium-Term Notes Series G equal to the principal amount of such Series G Notes, in each case, at a price equal to 100% of the principal amount
thereof, together with accrued interest, if applicable. 
  

 7 

 SECTION 2.02. Redemptions Pursuant to Section 4C of Article Eight
of the Indenture. If, pursuant to Section 4C of Article Eight of the Indenture, as amended and supplemented, any proceeds of released property or other money then held by the Trustee shall be applied to the redemption of the Bonds of the
Medium-Term Notes Series G, the Trustee shall give at least 45 days prior written notice of such redemption to the Note Trustee whereupon on the date fixed for redemption such principal amount thereof as is equal to such proceeds shall be redeemed;
provided that no such redemption shall be made unless the Trustee shall be in receipt of a written certification of the Company and the Note Trustee that a like principal amount of Series G Notes shall have been theretofore redeemed in accordance
with the provisions of the Note Indenture. For purposes of determining which of the Company’s First and Refunding Mortgage Bonds are subject to such mandatory redemption, the Mortgage Trustee shall consider the 10% stated annual interest rate
of the Bonds of the Medium-Term Notes Series G, not the weighted average interest rate of outstanding Series G Notes. Bonds of said series so redeemed shall be cancelled. 
 SECTION 2.03. Interest on Called Bonds to Cease. Each Bond of the Medium-Term Notes Series G or portion thereof called for redemption under Section 2.02 hereof shall be due and
payable at the office of the Note Trustee, as paying agent hereunder, at its redemption price and on the specified redemption date, anything herein or in such Bond to the contrary notwithstanding. From and after the date when each Bond of the
Medium-Term Notes Series G or portion thereof shall be due and payable as aforesaid (unless upon said date the full amount due thereon shall not be held by the Note Trustee, as paying agent hereunder, and be immediately available for payment), all
further interest shall cease to accrue on such bond or on such portion thereof, as the case may be. 
 SECTION 2.04. Bonds Called in Part. If only a portion of any Bond of the Medium-Term Notes Series G shall be called for redemption pursuant to Section 2.02 hereof, upon payment of the portion so called for
redemption, the Note Trustee shall make an appropriate notation upon the Bond of the principal amount so redeemed. 
 SECTION 2.05. Provisions of Indenture Not Applicable. The provisions of Article Four of the Indenture, as amended and supplemented, shall not apply to the procedure for the exercise of any right of redemption reserved by
the Company, or to any mandatory redemption provided, in this Article in respect of the Bonds of the Medium-Term Notes Series G. There shall be no sinking fund for the Bonds of the Medium-Term Notes Series G. 
 ARTICLE III. 
 CREDITS WITH RESPECT TO BONDS OF THE MEDIUM-TERM NOTES SERIES G.

 Section 3.01. Credits. In addition to any other credit, payment or satisfaction to which the Company is entitled with
respect to the Bonds of the Medium-Term Notes Series G, the Company shall be entitled to credits against amounts otherwise payable in respect of the Bonds of the Medium-Term Notes Series G in an amount corresponding to (i) the principal amount
of any of the Company’s Series G Notes issued under the Note Indenture surrendered to the Note Trustee by the Company, or purchased by the Note Trustee, for cancellation, (ii) the amount of money held by the Note Trustee and available and
designated for the payment of principal or redemption price (exclusive of any premium) of, and/or interest on, the Series G Notes, regardless of the source of payment to the Note Trustee of such moneys and (iii) the amount by which principal of
and interest due on the Bonds of the Medium-Term Notes Series G exceeds principal of and interest due on the Series G Notes. The Note Trustee shall make notation on such Bonds authorized hereby of any such credit. 
 SECTION 3.02. Certificate of the Company. A certificate of the Company signed by the President or any Vice President,
and attested to by the Secretary or any Assistant Secretary, and consented to by the Note Trustee, stating that the Company is entitled to a credit under Section 3.01 hereof or that Bonds of the Medium-Term Notes Series G have been cancelled,
and setting forth the basis therefor in reasonable detail, shall be conclusive evidence of such entitlement, and the Trustee shall accept such certificate as such evidence without further investigation or verification of the matters stated therein.

  

 8 

 ARTICLE IV. 
 MISCELLANEOUS. 
 Section 4.01. Authentication of Bonds of
Medium-Term Notes Series G. None of the Bonds of the Medium-Term Notes Series G, the issue of which is provided for by this supplemental indenture, shall be authenticated by or on behalf of the Trustee except in accordance with the provisions of the
Indenture, as amended and supplemented, and this supplemental indenture, and upon compliance with the conditions in that behalf therein contained. 
 SECTION 4.02. Additional Restrictions on Authentication of Additional Bonds Under Indenture. The Company covenants that from and after the date of execution of this supplemental
indenture no additional bonds (as defined in Section 1 of Article Two of the Indenture) shall be authenticated and delivered by the Trustee under Subdivision A of Section 4 of said Article Two on account of additions or improvements to the
mortgaged property; 
 (1) unless the net earnings of the Company for the period required by Subdivision C of
Section 6 of said Article Two shall have been at least twice the fixed charges (in lieu of 1-3/4 times such fixed charges, as required by said Subdivision C); and for the purpose of this condition (a) such fixed charges shall in each case
include interest on the bonds applied for, notwithstanding the parenthetical provision contained in clause (4) of said Subdivision C, and (b) in computing such net earnings there shall be included in expenses of operation (under paragraph
(c) of said Subdivision C) all charges against earnings for depreciation, renewals or replacements, and all certificates with respect to net earnings delivered to the Trustee in connection with any authentication of additional bonds under said
Article Two shall so state; and (2) except to the extent of 60% (in lieu of 75% as permitted by Subdivision A of Section 7 of said Article Two) of the cost or fair value to the Company of the additions or improvements forming the basis for
such authentication of additional bonds. 
 SECTION 4.03. Restriction on Dividends. The Company will not
declare or pay any dividend on any shares of its common stock (other than dividends payable in shares of its common stock) or make any other distribution on any such shares, or purchase or otherwise acquire any such shares (except shares acquired
without cost to the Company) whenever such action would reduce the earned surplus of the Company to an amount less than $10,000,000 or such lesser amount as may remain after deducting from said $10,000,000 all amounts appearing in the books of
account of the Company on December 31, 1948, which shall thereafter, pursuant to any order or rule of any regulatory body entered after said date, be required to be removed, in whole or in part, from the books of account of the Company by
charges to earned surplus. 
 SECTION 4.04. Use of Facsimile Seal and Signatures. The seal of the Company
and any or all signatures of the officers of the Company upon any of the Bonds of the Medium-Term Notes Series G may be facsimiles. 
 SECTION 4.05. Time for Making of Payment. All payments of principal or redemption price of, and interest on, the Bonds of the Medium-Term Notes Series G shall be made either prior to the due date thereof or on the due
date thereof in immediately available funds. In any case where the date of any such payment shall be a Saturday or Sunday or a legal holiday or a day on which banking institutions in the city of payment are authorized by law to close, then such
payment need not be made on such date but may be made on the next succeeding business day with the same force and effect as if made on the due date, and no interest on such payment shall accrue for the period after such date. 
 SECTION 4.06. Effective Period of Supplemental Indenture. The preceding provisions of Articles I, II and III of this
supplemental indenture shall remain in effect only so long as any of the Bonds of the Medium-Term Notes Series G shall remain outstanding. 
 SECTION 4.07. Effect of Approval of Board of Public Utilities of the State of New Jersey. The approval of the Board of Public Utilities of the State of New Jersey of the execution and
delivery of these presents and of the issue of any Bond of the Medium-Term Notes Series G shall not be construed as approval of said Board of any other act, matter or thing which requires approval of said Board under the laws of the State of New
Jersey. 
  

 9 

 SECTION 4.08. Execution in Counterparts. For the purpose of facilitating
the recording hereof, this supplemental indenture has been executed in several counterparts, each of which shall be and shall be taken to be an original, and all collectively but one instrument. 
  

 10 

 IN WITNESS WHEREOF, Public Service Electric and
Gas Company, party hereto of the first part, after due corporate and other proceedings, has caused this supplemental indenture to be signed and acknowledged or proved by its President or one of its Vice Presidents and its corporate seal hereunto to
be affixed and to be attested by the signature of its Secretary or an Assistant Secretary; and US Bank National Association, as Trustee, party hereto of the second part, has caused this supplemental indenture to be signed and acknowledged or proved
by its President or one of its Vice Presidents, and its corporate seal to be hereunto affixed and to be attested by the signature of its Secretary, Assistant Secretary, Vice President, or an Assistant Vice President. Executed and delivered this 13th
day of November 2009. 
 Attest: 
  

			
	PUBLIC SERVICE ELECTRIC AND GAS COMPANY
		
	By	 	 
		 	M. A. Plawner
		 	Vice President

  

	
	Attest:
	
	  
	S. L. Guibord
	Assistant Secretary

  

			
	US BANK NATIONAL ASSOCIATION
		
	By	 	 
		 	N. Barnes
		 	Vice President

  

	
	Attest:
	
	  
	T. J. Brett
	Assistant Vice President

  

 11 

			
	 STATE OF NEW JERSEY
	  	      )
		  	SS:)
	 COUNTY OF ESSEX
	  	      )

 Be
it Remembered, that on this 13th day of November, 2009, before me, the subscriber, a Notary Public of the State of New Jersey, personally appeared M.A. Plawner, who, I am satisfied, is a Vice President of Public Service Electric and Gas
Company, one of the corporations named in and which executed the foregoing instrument, and is the person who signed the said instrument as such officer, for and on behalf of such corporation, and I having first made known to him the contents
thereof, he did acknowledge that he signed the said instrument as such officer, that the said instrument was made by such corporation and sealed with its corporate seal, that the said instrument is the voluntary act and deed of such corporation,
made by virtue of authority from its Board of Directors, and that said corporation, the mortgagor, has received a true copy of said instrument. 
  

	
	  
	Susan M. Costello
	Notary Public of New Jersey
	My Commission Expires March 26, 2012

  

			
	 STATE OF NEW JERSEY
	  	      )
		  	SS:)
	 COUNTY OF ESSEX
	  	      )

 Be
it Remembered, that on this 13th day of November 2009 before me, the subscriber, a Notary Public of the State of New Jersey, personally appeared N. Barnes, who, I am satisfied, is a Vice President of US Bank National Association, one of the
corporations named in and which executed the foregoing instrument, and is the person who signed the said instrument as such officer, for and on behalf of such corporation, and I having first made known to him the contents thereof, he did acknowledge
that he signed the said instrument as such officer, that the said instrument was made by such corporation and sealed with its corporate seal, and that the said instrument is the voluntary act and deed of such corporation, made by virtue of authority
from its Board of Directors. 
  

	
	  
	Melody A. Nedrick
	Notary Public of New Jersey
	My Commission Expires March 3, 2010

  

 12 

 CERTIFICATE OF RESIDENCE 
 US Bank National Association, Mortgagee and Trustee within named, hereby certifies that its precise residence is 21 South Street,
Morristown, New Jersey 07960. 
  

			
	US BANK NATIONAL ASSOCIATION
		
	By 	 	 
		 	N. Barnes
		 	Vice President

  

 13Supplemental Executive Retirement Income Plan

 Exhibit 10a(1) 
 SUPPLEMENTAL EXECUTIVE RETIREMENT INCOME PLAN 
 FOR
NON-REPRESENTED EMPLOYEES OF 
 PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED 
 AND ITS AFFILIATES 
 Effective as of December 1, 2009 

 TABLE OF CONTENTS 
  

					
	Section 1.	  	Definitions	  	1
			
	Section 2.	  	Additional Service Credit Participants	  	7
			
	Section 3.	  	Additional Service Credit Supplemental Retirement Benefit	  	8
			
	Section 4.	  	Additional Service Credit Supplemental Surviving Spouse Benefit	  	10
			
	Section 5.	  	Additional Limited Benefits	  	11
			
	Section 6.	  	Administration of the Plan	  	16
			
	Section 7.	  	Claims Procedure and Status Determination	  	18
			
	Section 8.	  	Amendment or Termination	  	18
			
	Section 9.	  	General Provisions	  	19
			
	Section 10.	  	Miscellaneous	  	21
			
		  	Schedule A	  	A-1
			
	.	  	Schedule B	  	B-1

 SUPPLEMENTAL EXECUTIVE RETIREMENT INCOME PLAN 
 FOR NON-REPRESENTED EMPLOYEES OF 
 PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED 
 AND ITS AFFILIATES 

 Public Service Enterprise Group Incorporated had previously established two supplemental executive retirement plans for
certain of its and its affiliates’ non-represented employees: the Limited Supplemental Benefits Plan for Certain Employees of Public Service Enterprise Group Incorporated and its Subsidiaries (the “Limited Plan”) and the Mid-Career
Hire Supplemental Retirement Income Plan for Selected Employees of Public Service Enterprise Group Incorporated and its Affiliates (the “Mid-Career Plan”). These Plans were established for the purpose of assisting in attracting and
retaining a stable pool of key managerial and professional talent and developing long-term key employee commitment by providing specified supplemental retirement income benefits for certain employees who participate in one of the Company’s
qualified defined benefit retirement plans, the Pension Plan of Public Service Enterprise Group Incorporated (the “Pension Plan”) or the Cash Balance Pension Plan of Public Service Enterprise Group Incorporated (the “Cash Balance
Plan”). 
 The Limited Plan and the Mid-Career Plan were each intended to constitute an unfunded plan of deferred
compensation for a select group of management or highly compensated employees for purposes of Title 1 of ERISA. Effective as of December 1, 2009, the Limited Plan and the Mid-Career Plan (together, the “Prior Plans”) are being merged
into a single plan, this Supplemental Executive Retirement Income Plan for Non-Represented Employees of Public Service Enterprise Group Incorporated and Its Affiliates. The merger of these plans is not intended to change the eligibility of or
benefits payable to the participants in the Prior Plans. 
 Section 1. Definitions 
 When used herein, the words and phrases hereinafter defined shall have the following meanings unless a different meaning is clearly required
by the context of this Plan: 
 1.1 “Affiliate” shall mean (a) any organization while it is a member of a
controlled group of corporations (as defined in Code Section 414(b)) which includes the Company; or (b) any trades or businesses (whether or not incorporated) while they are under common control (as defined in Code Section 414(c), as
modified by Code Section 415(h)) with the Company. 
 1.2 “Beneficiary” shall mean any person or persons
selected by a Participant on a form provided by the Company who may become eligible to receive the benefits provided under this Plan in the event of such Participant’s death. 
 1.3 “Benefit Commencement Date” shall mean the date on which a Participant’s Supplemental Retirement Benefit shall
commence or be paid under this Plan. 
 1.4 “Board” or “Board of Directors” shall mean the
Board of Directors of Public Service Enterprise Group Incorporated. 

 1.5 “Cash Balance Plan” shall mean the Cash Balance Pension Plan of Public
Service Enterprise Group Incorporated and each predecessor, successor or replacement plan. 
 1.6 “CEO” shall
mean the Chief Executive Officer of Public Service Enterprise Group Incorporated. If Public Service Enterprise Group Incorporated shall have no designated Chief Executive Officer, “CEO” shall mean the President of Public Service Enterprise
Group Incorporated. 
 1.7 “Change in Control” shall, for the purposes of the Subsection 11.2 of this Plan,
mean the occurrence of any of the following events: 
  

	 	(i)	any “person” (within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended from time to time (the “Act”)) is or
becomes the beneficial owner within the meaning of Rule 13d-3 under the Act (a “Beneficial Owner”), directly or indirectly, of the Company’s securities of (not including in the securities beneficially owned by such person any
securities acquired directly from the Company or its Affiliates) representing 25% or more of the combined voting power of the Company’s then outstanding securities, excluding any person who becomes such a Beneficial Owner in connection with a
transaction described in clause (A) of paragraph (iii) below; or 

  

	 	(ii)	the following individuals cease for any reason to constitute a majority of the number of directors then serving: individuals who, on December 15, 1998, constitute
the Board of Directors and any new director (other than a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation, relating to the election of
directors of the Company) whose appointment or election by the Board or nomination for election by the Company’s stockholders was approved or recommended by a vote of at least two-thirds (2/3) of the directors then still in office who
either were directors on December 15, 1998 or whose appointment, election or nomination for election was previously so approved or recommended; or 

  

	 	(iii)	 there is consummated a merger or consolidation of the Company or any direct or indirect wholly owned subsidiary of the Company with any other
corporation, other than (A) a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior to such merger or consolidation continuing to represent (either by remaining outstanding or by being
converted into voting securities of the surviving entity or any parent thereof), in combination with the ownership of any trustee or other fiduciary holding securities under an employee

  

 2 

	 	 
benefit plan of the Company or any subsidiary of the Company, at least 75% of the combined voting power of the securities of the Company or such surviving entity or any parent thereof outstanding
immediately after such merger or consolidation, or (B) a merger or consolidation effected to implement a recapitalization of the Company (or similar transaction) in which no person is or becomes the Beneficial Owner, directly or indirectly, of
securities of the Company representing 25% or more of the combined voting power of the Company’s then outstanding securities; or 

  

	 	(iv)	the stockholders of the Company approve a plan of complete liquidation or dissolution of the Company or there is consummated an agreement for the sale or disposition by
the Company of all or substantially all of the Company’s assets, other than a sale or disposition by the Company of all or substantially all of the Company’s assets to an entity, at least 75% of the combined voting power of the voting
securities of which are owned by stockholders of the Company in substantially the same proportions as their ownership of the Company immediately prior to such sale. 

 Notwithstanding the foregoing subparagraphs (i), (ii), (iii) and (iv), a “Change in Control” shall not be deemed to have
occurred by virtue of the consummation of any transaction or series of integrated transactions immediately following which the record holders of the common stock of the Company immediately prior to such transaction or series of transactions continue
to have substantially the same proportionate ownership in an entity which owns all or substantially all of the assets of the Company immediately following such transaction or series of transactions. 
 1.8 “Code” shall mean the Internal Revenue Code of 1986, as amended. A reference to a section of the Code` shall also refer
to any regulations and other guidance issued under that section. 
 1.9 “Committee” or “Employee
Benefits Committee” shall mean the Employee Benefits Committee of the Company. 
 1.10 “Company” shall
mean Public Service Enterprise Group Incorporated and each Participating Affiliate. 
 1.11 “Compensation” with
respect to any Participant shall mean the total remuneration paid for services rendered to the Company, determined without regard to the exclusion of any amounts pursuant to Subsection 1.10(a) of the Pension Plan or Subsection 1.1(m)(1) of the
Cash Balance Plan, but excluding: 
  

	 	(a)	the Company’s cost for any public or private employee benefit plan other than elective contributions that are made by the Company on behalf of a Participant that
are not includable in income under Section 125, 132(f), or 401(k) of the Code; and 

  

 3 

	 	(b)	all awards to the Participant under the Company’s Long-Term Incentive Compensation Plan. 

 For purposes of calculating the supplemental retirement benefit payable pursuant to Section 3 of this Plan to a Participant who is a
participant in the Cash Balance Plan, Compensation shall include amounts paid in 2006 or later years under the SMICP, the MICP or the ER&T Program. Compensation for any such year shall not exceed 150 percent of the Participant’s annual
base salary in effect as of January 1 of that year. 
 1.12 “Credited Service” shall mean the aggregate of
all periods of employment with the Company, an Affiliate or former Affiliate and all periods of additional service credit granted to Participants listed on Schedule A by the Company for which a Participant will be given credit in computing his/her
Supplemental Retirement Benefit. 
 1.13 “Employee” shall mean any individual in the employ of the Company or a
Participating Affiliate who is not included within a unit of employees covered by a collective bargaining agreement and who is receiving remuneration for personal services rendered to the Company or Participating Affiliate other than (a) solely
as a director of the Company or a Participating Affiliate, (b) as a consultant, (c) as an independent contractor, (d) an individual who is a “leased employee” within the meaning of Code section 414(n), or (e) any
other individual engaged by the Company or Participating Affiliate in a relationship that the Company characterizes as other than an employment relationship or who has waived his/her rights to coverage as an employee (regardless of whether a
determination is made by the Internal Revenue Service or other governmental agency or court after the individual is engaged to perform such services that the individual is an employee of the Company or Participating Affiliate for the purposes of the
Code or otherwise). 
 1.14 “Employee Benefits Policy Committee” shall mean the Employee Benefits Policy
Committee of the Company. 
 1.15 “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as
amended. A reference to a section of ERISA shall also refer to any regulations and other guidance issued under that section. 
 1.16 “ER&T Program” shall mean the PSEG Power LLC Incentive Compensation Program for PSEG Energy Resources & Trade LLC Employees and each predecessor, successor or replacement plan. 
 1.17 “Human Resources Department” shall mean the Human Resources Department of the Company’s subsidiary, PSEG Services
Corporation. 
 1.18 “LTIP” shall mean the Public Service Enterprise Group Incorporated 2004 Long-Term
Incentive Plan and each predecessor, successor or replacement plan. 
  

 4 

 1.19 “MICP” shall mean the Public Service Enterprise Group Incorporated
Management Incentive Compensation Plan and each predecessor, successor or replacement plan. 
 1.20 “Normal Retirement
Date” shall mean the first day of the month coinciding with or next following a Participant’s attainment of age 65. In the case of a Participant who is employed after attaining age 65, Normal Retirement Date shall mean the first day of
the month coinciding with or next following the date on which the Participant’s Separation from Service occurs. 
 1.21
“Participant” shall mean any Employee or former Employee who meets the requirements of Subsections 2 or 5 of this Plan. 
 1.22 “Participating Affiliate” shall mean any Affiliate of the Company which (a) is the sponsor or a Participating Affiliate of the Pension Plan and/or the Cash Balance Plan;
(b) adopts this Plan with the approval of the Board of Directors; (c) authorizes the Board of Directors and the Employee Benefits Committee to act for it in all matters arising under or with respect to this Plan; and (d) complies with
such other terms and conditions relating to this Plan as may be imposed by the Board of Directors. 
 1.23 “Pension
Plan” shall mean the Pension Plan of Public Service Enterprise Group Incorporated and each predecessor, successor or replacement plan. 
 1.24 “Pension Plan Retirement Benefit” shall mean the aggregate annual benefit payable to a Participant pursuant to the Pension Plan or the Cash Balance Plan, as the case may be, by
reason of the Participant’s termination of employment with the Company and all Affiliates for any reason other than death. 
 1.25 “Pension Plan Surviving Spouse Benefit” shall mean the aggregate annual benefit payable to the Surviving Spouse of a Participant pursuant to the Pension Plan or the Cash Balance Plan, as the case may be, in the event
of the death of the Participant at any time prior to commencement of payment of the Participant’s Pension Plan Retirement Benefit. 
 1.26 “Plan” shall mean this Supplemental Executive Retirement Income Plan for Non-Represented Employees of Public Service Enterprise Group Incorporated and Its Affiliates. 
 1.27 “Plan Year” shall mean the calendar year. 
 1.28 “Retirement” shall mean: 
  

	 	(a)	in the case of a Participant who is a participant in the Pension Plan, a Separation from Service either (1) after attaining age 65; or (2) following the
date when the sum of the Participant’s age and credited service (as defined in the Pension Plan) equals or exceeds 80. 

  

	 	(b)	in the case of a Participant who is a participant in the Cash Balance Plan, a Separation from Service after either (1) attaining age 65; or (2) attaining age
55 and completing five or more years of credited service (as defined in the Cash Balance Plan). 

  

 5 

 1.29 “Reinstatement Plan” shall mean the Retirement Income Reinstatement
Plan for Non-Represented Employees of Public Service Enterprise Group Incorporated and its Affiliates. 
 1.30
“Reinstatement Plan Retirement Benefit” shall mean the aggregate annual benefit payable to a Participant pursuant to the Reinstatement Plan for any reason other than death. 
 1.31 “Reinstatement Plan Surviving Spouse Benefit” shall mean the aggregate annual benefit payable to the Surviving Spouse
of a Participant pursuant to the Reinstatement Plan in the event of the death of the Participant at any time prior to commencement of payment of his Reinstatement Plan Retirement Benefit. 
 1.32 “Retirement Plans” shall mean all qualified or nonqualified retirement benefits plans maintained by employers other
than the Company or any of its Affiliates. 
 1.33 “SMICP” shall mean the Public Service Enterprise Group
Incorporated Senior Management Incentive Compensation Plan and each predecessor, successor or replacement plan. 
 1.34
“Separation from Service” shall mean, subject to subsections (a) and (b), a Participant’s termination from employment with the Company and all Affiliates, whether by retirement or resignation from or discharge by the
Company or an Affiliate. 
  

	 	(a)	A Separation from Service shall be deemed to have occurred if a Participant and the Company or any Affiliate reasonably anticipates, based on the facts and
circumstances, that either: 

  

	 	(i)	the Participant will not provide any additional services for the Company or an Affiliate after a certain date; or 

  

	 	(ii)	the level of bona fide services performed by the Participant after a certain date will permanently decrease to no more than 50 percent of the average level of bona
fide services performed by the Participant over the immediately preceding 36 months. 

  

	 	(b)	If a Participant is absent from employment due to military leave, sick leave or any other bona fide leave of absence authorized by the Company or an Affiliate and there
is a reasonable expectation that the Participant will return to perform services for the Company or an Affiliate, a Separation from Service will not occur until the later of: 

  

	 	(i)	the first date immediately following the date that is six months after the date that the Participant was first absent from employment; or 

  

 6 

	 	(ii)	the date the Participant no longer retains a right to reemployment, to the extent the Participant retains a right to reemployment with the Company or any Affiliates
under applicable law or by contract. 

 If a Participant fails to return to work upon the expiration of any
military leave, sick leave or other bona fide leave of absence where such leave is for less than six months, the Separation from Service shall occur as of the date of the expiration of such leave. 
 1.35 “Specified Employee” shall mean any individual who is a key employee (as defined in Section 416(i) of the Code
without regard to Section 416(i)(5)) of the Code) of the Company at any time during the 12-month period ending on each December 31 (the “identification date”). If an individual is a key employee as of an identification date, the
individual shall be treated as a Specified Employee for the 12-month period beginning on the April 1 following the identification date. Notwithstanding the foregoing, an individual shall not be treated as a Specified Employee unless any stock
of the Company or an Affiliate is publicly traded on an established securities market or otherwise. 
 1.36
“Supplemental Retirement Benefit” shall mean the benefit payable to a Participant pursuant to this Plan by reason of the Participant’s Separation from Service with the Company and all Affiliates for any reason other than death.

 1.37 “Surviving Spouse” shall mean a person who is married to a Participant or is the domestic partner in a
legally recognized same sex civil union under applicable state law of a Participant at the date of the Participant’s death. 
 1.38 “Supplemental Surviving Spouse Benefit” shall mean the benefit payable to a Surviving Spouse pursuant to this Plan. 
 1.39 “Voting Stock” shall mean the outstanding stock of a corporation entitled to vote in the election of the directors of that corporation 
 Section 2. Additional Service Credit Participants 
 2.1 Each Employee who is selected by the CEO to participate in this Plan and be granted extra service credit shall be listed in Schedule A. Upon selection for participation in the Plan, the CEO shall
designate the number of years of additional Credited Service to which such Participant shall be entitled to be credited in calculating his/her Supplemental Retirement Benefit under Section 3 of this Plan. Schedule A shall include the name of
each selected Participant and the number of years of additional Credited Service to which each such Participant shall be entitled to be credited. 
 Each Participant listed on Schedule A that incurs a Separation from Service after becoming vested in his benefits payable under the Pension Plan or the Cash Balance Plan shall be eligible to receive a
Supplemental Retirement Benefit pursuant to Section 3 of this Plan. The Surviving Spouse of a Participant described in the preceding sentence who dies prior to commencement of payment of his Reinstatement Plan Retirement Benefit shall be
eligible to receive a Supplemental Surviving Spouse Benefit pursuant to Section 4 of this Plan. 
  

 7 

 Section 3. Additional Service Credit Supplemental Retirement Benefit 

3.1 The Additional Service Credit Supplemental Retirement Benefit payable to an eligible Participant under this section shall be equal to
the excess of (a) over (b) where: 
  

	 	(a)	is the sum of the amount of Pension Plan Retirement Benefit and Reinstatement Plan Supplemental Retirement Benefit to which the Participant would have been entitled as
of his/her Normal Retirement Date if such benefits were computed with the additional years of Credited Service provided for in Section 5 of this Plan; and 

  

	 	(b)	is the sum of the Pension Plan Retirement Benefit and Reinstatement Plan Retirement Benefit actually payable to the Participant or payable to a third party on the
Participant’s behalf as of his/her Normal Retirement Date. 

 The amounts described in (a) and
(b) shall be computed as of the date of Separation from Service of the Participant with the Company and all Affiliates in the form of a single life annuity payable over the lifetime of the Participant only commencing on his/her Normal
Retirement Date. 
 This Additional Service Credit Supplemental Retirement Benefit shall be calculated as a single life annuity
commencing on the Participant’s Normal Retirement Date. If payment of a Participant’s Additional Service Credit Supplemental Retirement Benefit commences or is paid before his/her Normal Retirement Date, the benefit amount calculated
pursuant to this paragraph (a) shall be reduced for early commencement in accordance with the early retirement reduction factors applicable to calculation of the Participant’s benefit under the Pension Plan or Cash Balance Plan, as
applicable. 
 3.2 The Additional Service Credit Supplemental Retirement Benefit payable to a Participant shall be paid as
follows: 
  

	 	(a)	If the Participant’s Separation from Service occurs prior to Retirement, the present value of his/her Additional Service Credit Supplemental Retirement Benefit
shall be paid in a single lump sum distribution. 

  

	 	(b)	Except as provided in Subsection 3.2(e), if the Participant’s Separation from Service occurs on or after his/her Retirement, the Participant may elect to receive
his/her Additional Service Credit Supplemental Retirement Benefit in the form of a single life annuity or a joint and survivor annuity. 

  

 8 

	 	(i)	The single life annuity option is an annuity providing equal monthly payments for the lifetime of the Participant with no survivor benefits. 

 

	 	(ii)	The joint and survivor annuity option is a reduced monthly benefit payable to the Participant for life and to a surviving named Beneficiary for the lifetime of the
Beneficiary in an amount equal to 50 percent, 75 percent, or 100 percent (as elected by the Participant) of the amount payable during the Participant’s lifetime. 

  

	 	(c)	A Participant may elect an annuity form of payment pursuant to paragraph (b) at any time before his Benefit Commencement Date, provided that any election shall
also apply to any benefits payable to the Participant under the Reinstatement Plan and Section 5 of this Plan. If a Participant fails to make a timely election, his Additional Service Credit Supplemental Retirement Benefit shall be paid in the
form of: 

  

	 	(i)	a single life annuity, if he/she is not married as of his Benefit Commencement Date; or 

  

	 	(ii)	a 50 percent joint and survivor annuity with his/her spouse as Beneficiary, if he/she is married as of his Benefit Commencement Date. 

  

	 	(d)	If a Participant elects a joint and survivor annuity, but his/her Beneficiary dies before the Participant’s Benefit Commencement Date, the Participant’s
Additional Service Credit Supplemental Retirement Benefit shall be paid in the form of a single life annuity unless the Participant validly elects a new form of payment pursuant to this subsection. 

  

	 	(e)	Notwithstanding paragraphs (b), (c) and (d), if the Participant’s total vested benefit under this Plan, as presently valued at the time of commencement of the
payment of such benefit, does not exceed $30,000, his/her benefit shall be paid in a single lump sum distribution. 

 3.3 Except as otherwise provided in this subsection, payment of a Participant’s Additional Service Credit Supplemental Retirement Benefit shall commence or shall be made as of the last day of the month in which the Participant’s
Separation from Service occurs or as soon as administratively practicable after such date, but in no event later than the last day permitted under Section 409A of the Code for treating a delayed payment as having been made on such payment date.

 If the Participant is a Specified Employee, payment of the Participant’s Additional Service Credit Supplemental
Retirement Benefit shall commence or shall be made as of the last day of the month coinciding with or next following the six-month anniversary of the

  

 9 

 
Participant’s Separation from Service. In any case where the payment of benefits is delayed pursuant to this paragraph, the Participant’s Additional Service Credit Supplemental
Retirement Benefit shall be calculated as of the last day of the month in which the Participant’s Separation from Service occurs. Any annuity payments to which the Participant would be entitled during the first six months after his/her
Separation from Service shall be accumulated and paid to the Participant without interest as of the last day of the month coinciding with or next following the six-month anniversary of his Separation from Service. If the Participant’s
Additional Service Credit Supplemental Retirement Benefit is payable in the form of a lump sum distribution, the benefit shall be increased with interest at the rate of the first segment rate as determined pursuant to Section 417(e)(3)(C) and
(D) of the Code for the second month preceding the first day of the Plan Year in which the Separation from Service occurs. 
 Payment of the Participant’s benefit shall not be delayed or accelerated, except as provided in this subsection. If the Committee determines that a delay or acceleration of a Participant’s benefit complies with the requirements of
Section 409A of the Code (including an acceleration to pay employment taxes), the Committee may either delay or accelerate the payment of the benefit in accordance with the terms of Section 409A of the Code as it deems advisable in its
sole discretion. If any payment is delayed in accordance with this paragraph, the Plan shall pay such delayed payments without interest following the expiration of the delay. 
 3.4 An Additional Service Credit Supplemental Retirement Benefit which is payable in any form other than a single life annuity shall be the
actuarial equivalent of the Additional Service Credit Supplemental Retirement Benefit set forth in Subsection 3.1 above as determined by the same actuarial adjustments as those specified in the Pension Plan or Cash Balance Plan, as applicable, with
respect to determination of the amount of retirement benefits payable pursuant to the Pension Plan or Cash Balance Plan, as applicable, on the date for commencement of payment hereunder. 
 3.5 If a Participant earns a further Additional Service Credit Supplemental Retirement Benefit after a Separation from Service, any annuity
benefits being paid to the Participant shall be increased to reflect such additional accruals as of the January 1 following the Plan Year in which such additional benefit accrues. If the Participant received a lump sum distribution of his/her
Additional Service Credit Supplemental Retirement Benefit as of the earlier Separation from Service, the value of the additional accruals shall be paid to him/her in a lump sum distribution as of the January 1 following the Plan Year in which
such additional benefit accrues. 
 Section 4. Additional Service Credit Supplemental Surviving Spouse Benefit

 4.1 If a Participant dies prior to commencement of payment of his/her Pension Plan Retirement Benefit under circumstances in
which a Pension Plan Surviving Spouse Benefit is payable to his/her Surviving Spouse, then an Additional Service Credit Supplemental Surviving Spouse Benefit shall be payable to his/her Surviving Spouse as hereinafter provided. This Additional
Service Credit Supplemental Surviving Spouse Benefit shall be equal to the excess of (a) over (b) where: 
  

	 	(a)	is the sum of the amount of the Pension Plan Surviving Spouse Benefit and Reinstatement Plan Surviving Spouse Benefit to which the Surviving Spouse would have been
entitled under the Pension Plan and the Reinstatement Plan, as applicable, as of the Participant’s Normal Retirement Date if such benefits were computed with the additional years of Credited Service provided for in Section 5; and

  

 10 

	 	(b)	is the sum of the Pension Plan Surviving Spouse Benefit and Reinstatement Plan Surviving Spouse Benefit actually payable to the Surviving Spouse as of the
Participant’s Normal Retirement Date. 

 The Additional Service Credit Supplemental Surviving Spouse Benefit
shall be calculated as a single life annuity commencing on the Participant’s Normal Retirement Date. If payment of the Additional Service Credit Supplemental Surviving Spouse Benefit commences or is paid before the Participant’s Normal
Retirement Date, the benefit amount calculated pursuant to this subsection shall be reduced for early commencement in accordance with the reduction factors applicable to calculation of a Pension Plan Surviving Spouse Benefit. 
 4.2 The Additional Service Credit Supplemental Surviving Spouse Benefit shall be paid as follows: 
  

	 	(a)	If the Participant’s death occurs prior to Retirement, the present value of the Additional Service Credit Supplemental Surviving Spouse Benefit shall be paid in a
single lump sum distribution. 

  

	 	(b)	If the Participant’s death occurs on or after Retirement, the Additional Service Credit Supplemental Surviving Spouse Benefit shall be payable in monthly
installments over the life of the Surviving Spouse. Notwithstanding the preceding sentence, if the present value of the total benefit payable to the Surviving Spouse under this Plan does not exceed $20,000, the benefit payable shall be made in a
single lump sum distribution 

 4.3 Payment of the Additional Service Credit Supplemental Surviving Spouse Benefit
shall commence or shall be made as of the last day of the month in which the Participant’s death occurs or as soon as administratively practicable after such date, but in no event later than the last day permitted under Section 409A of the
Code for treating a delayed payment as having been made on such payment date. 
 Section 5. Additional Limited Benefits

 5.1 Each Employee nominated by the CEO and designated by the Employee Benefits Policy Committee shall be a Schedule B
Participant and shall be eligible to the benefits provided for in this Section 5. The CEO shall nominate such select and key Employees based upon such criteria as he shall deem appropriate due to the Employee’s responsibilities and
opportunity to contribute substantially to the financial and operating objectives of the Company. The names of all Participants designated hereunder shall be listed in Schedule B to this Plan. 
  

 11 

 5.2. If a Schedule B Participant dies while in the active employment of the Company or an
Affiliate, the Company shall provide a death benefit to such Participant’s Beneficiary in an amount equal to 150% of the annual rate of salary of the Participant in effect at the date of death, adjusted to the nearest $1,000. Payment shall be
made in a lump sum as of the first day of the month following the Participant’s date of death or as soon as administratively practicable after such date, but in no event later than the last day permitted under Code Section 409A for
treating a delayed payment as having been made on such payment date. 
 5.3 At Retirement, the Company shall provide each
Schedule B Participant with an additional limited retirement benefit calculated as provided in this Section 5. 
 Notwithstanding any other provision of this Plan to the contrary, the benefit hereunder payable to Frederick W. Lark and Richard D. Quinn, III, each of whom commenced a phased retirement during 2008, shall be calculated as of
December 31, 2008 and shall be paid commencing as of January 31, 2009. 
 5.4 The additional limited retirement
benefit shall be calculated as follows: 
  

	 	(a)	Pension Plan Participants: 

  

	 	(i)	The Participant’s Compensation shall be multiplied by an amount equal to one one-hundredth of the sum of (x) the number of the Participant’s years
of credited service under the Pension Plan at Retirement (including any additional years of age and service provided to the Participant in accordance with any employment, change in control, or similar arrangement applicable to the Participant so
long as the Participant incurs a termination of service from the Company and its Affiliates during the two-year period commencing upon the date of a Change in Control), (y) the number of any additional years of service credit to which
the Participant may be entitled from the Company under Section 2 of this Plan or any written arrangement with the Company or an Affiliate (excluding any written arrangement between the Company or an Affiliate and the Participant relating to a
Change in Control), and (z) 30; but, in no event, shall the multiple be greater than 0.75. 

  

	 	(ii)	 The amount determined under subparagraph (i) of this Subsection 5.4(a) shall be reduced by the sum of (x) the amount the
Participant would be entitled to at Retirement as an annual pension benefit under the Pension Plan and Section 3 of this Plan calculated as a single life annuity payable at the Participant’s Normal Retirement Date (as defined under the
Pension Plan) without reduction for any pre-retirement survivor’s option coverage

  

 12 

	 	 
or any reduction for early retirement, (y) 100% of the amount of the unreduced annual Social Security benefit to which the Participant would be entitled at age 65 (or such other age
which may be established by the Social Security Administration from time to time as the earliest age at which a Participant may receive an unreduced benefit thereunder), assuming that the Participant has no earnings from the date of Retirement to
age 65 (or such other applicable age), or, if greater, any disability benefit under Social Security to which the Participant may be entitled, and (z) the aggregate of the annual benefits to which the Participant is entitled under all
Retirement Plans as of the date the Participant is employed by the Company or an Affiliate, such Social Security Benefits and benefits under all Retirement Plans to be calculated as single life annuities without any reductions, under rules,
procedures and equivalents determined by the Committee. To determine the amounts referred to under (y) and (z) above, the Participant shall file a declaration of all such amounts with the Human Resources Department in such form as the
Committee may require from time to time. No benefit shall be paid under the Plan until such a declaration, in satisfactory form, shall be so filed. If a Participant is granted a disability Social Security benefit, he/she shall notify the Company
thereof within 30 days thereof, and the Participant’s retirement benefit under this section of the Plan shall be adjusted accordingly. The Company shall be entitled to rely on such statements in making payment, and if any such statement is
incorrect or is not furnished, the Company shall be entitled to reimbursement from the Participant, the Beneficiary or their legal representatives for any overpayment and may reduce or suspend future payments to recover any such overpayment. In the
event it is established to the satisfaction of the Committee, in its sole discretion, that any such statement was intentionally false or omitted, the Participant or Beneficiary shall be entitled to no further payments under this section of the Plan,
and the Company shall be entitled to recover any payments made hereunder. 

  

	 	(b)	Cash Balance Plan Participants: 

  

	 	(i)	 The Participant’s Compensation shall be multiplied by an amount equal to one one-hundredth of the sum of (x) the number of the
Participant’s years of service under the Pension Plan with which such Participant would have been credited at Retirement had the Participant participated in the Pension Plan from his/her date of hire and including any additional years of age
and service provided to the participant in accordance with any employment, change in control, or similar arrangement applicable to the Participant so long as the Participant incurs a termination of service from the

  

 13 

	 	 
Company and its Affiliates during the two-year period commencing upon the date of a Change in Control, (y) the number of any additional years of service credit to which the
Participant may be entitled from the Company under Section 3 of this Plan or any written arrangement with the Company or an Affiliate (excluding any written arrangement between the Company or an Affiliate relating to a Change in Control) and
(z) 30; but, in no event, shall the multiple be greater than 0.75. 

  

	 	(ii)	The amount determined under subparagraph (i) of this Subsection 8.4(b) shall be reduced by the sum of (x) the amount the Participant would be entitled
to at Retirement as an annual pension benefit under the Cash Balance Plan and Section 3 of this Plan calculated as a single life annuity payable at the Participant’s Normal Retirement Date (as defined under the Cash Balance Plan),
(y) 100% of the amount of the unreduced annual Social Security benefit to which the Participant would be entitled at age 65 (or such other age which may be established by the Social Security Administration from time to time as the earliest
age at which a Participant may receive an unreduced benefit thereunder), assuming that the Participant has no earnings from the date of Retirement to age 65 (or such other applicable age), or, if greater, any disability benefit under Social Security
to which the Participant may be entitled, and (z) the aggregate of the annual benefits to which the Participant is entitled under all Retirement Plans as of the date the Participant is employed by the Company or an Affiliate, such Social
Security Benefits and benefits under all Retirement Plans to be calculated as single life annuities without any reductions, under rules, procedures and equivalents determined by the Committee. To determine the amounts referred to under (y) and
(z) above, the Participant shall file a declaration of all such amounts with the Human Resources Department in such form as the Committee may require from time to time. No benefit shall be paid under the Plan until such a declaration, in
satisfactory form, shall be filed. If a Participant is granted a disability Social Security benefit, he shall notify the Company thereof within 30 days thereof, and the Participant’s retirement benefit under this Plan shall be adjusted
accordingly. The Company shall be entitled to rely on such statements in making payment, and if any such statement is incorrect or is not furnished, the Company shall be entitled to reimbursement from the Participant, the Beneficiary or their legal
representatives for any overpayment and may reduce or suspend future payments to recover any such overpayment. In the event it is established to the satisfaction of the Committee, in its sole discretion, that any such statement was intentionally
false or omitted, the Participant or Beneficiary shall be entitled to no further payments under this section of the Plan, and the Company shall be entitled to recover any payments made hereunder. 

  

 14 

	 	(c)	The annual amount determined under this Subsection 5.4 shall be paid in the form of a life annuity; either a single life annuity or a joint and survivor annuity, as
elected by the Participant. 

  

	 	(i)	The single life annuity option is an annuity providing equal monthly payments for the lifetime of the Participant with no survivor benefits. 

 

	 	(ii)	The joint and survivor annuity option is a reduced monthly benefit payable to the Participant for life and to a surviving named Beneficiary for the lifetime of the
Beneficiary in an amount equal to 50%, 75%, or 100% (as elected by the Participant) of the amount payable during the Participant’s lifetime. 

 Notwithstanding the preceding provisions, if the present value of the Participant’s total vested benefit under this Plan does not exceed $30,000, his/her benefit shall be paid a single lump sum
distribution. 
  

	 	(d)	A Participant may elect an annuity form of payment pursuant to paragraph (c) at any time before his Benefit Commencement Date. If a Participant fails to make a
timely election, his/her retirement benefit shall be paid in the form of: 

  

	 	(i)	a single life annuity, if he/she is not married as of his/her benefit commencement date; or 

  

	 	(ii)	a 50 percent joint and survivor annuity with his/her spouse as Beneficiary, if he/she is married as of his benefit commencement date. 

  

	 	(e)	Except as otherwise provided in this paragraph (e), payment of a Participant’s additional limited retirement benefit shall commence or shall be made as of the
last day of the month in which the Participant’s Retirement occurs or as soon as administratively practicable after such date, but in no event later than the last day permitted under Code Section 409A for treating a delayed payment as
having been made on such payment date. 

 If the Participant is a Specified Employee, payment of the
Participant’s additional limited retirement benefit shall commence or shall be made as of the last day of the month coinciding with or next following the six-month anniversary of the Participant’s Retirement date. In any case where the
payment of benefits is delayed pursuant to this paragraph, the

  

 15 

 
Participant’s additional limited retirement benefit shall be calculated as of the last day of the month in which the Participant’s Retirement occurs. Any annuity payments to which the
Participant would be entitled during the first six months after his Retirement shall be accumulated and paid to the Participant without interest as of the last day of the month coinciding with or next following the six-month anniversary of his
Retirement. If the Participant’s additional limited retirement benefit is payable in the form of a lump sum distribution, the benefit shall be increased with interest at the first segment rate as determined pursuant to Code
Section 417(e)(3)(C) and (D) for the second month preceding the first day of the Plan Year in which the Retirement occurs. 
 Payment of the Participant’s benefit shall not be delayed or accelerated, except as provided in this subsection. If the Committee determines that a delay or acceleration of a Participant’s benefit complies with the requirements of
Code Section 409A (including an acceleration to pay employment taxes), the Committee may either delay or accelerate the payment of the benefit in accordance with the terms of Code Section 409A as it deems advisable in its sole discretion.
If any payment is delayed in accordance with this paragraph, the Plan shall pay such delayed payments without interest following the expiration of the delay. 
  

	 	(f)	If a Participant earns an additional limited retirement benefit after a Retirement, any annuity benefits being paid to the Participant shall be increased to reflect
such additional accruals as of the January 1 following the Plan Year in which such additional limited retirement benefit accrues. If the Participant received a lump sum distribution of his additional limited retirement benefit as of the earlier
Retirement, the value of the additional accruals shall be paid to him in a lump sum distribution as of the January 1 following the Plan Year in which such additional benefit accrues. 

 Notwithstanding the foregoing, if a Participant named in Subsection 5.3 earns an additional retirement benefit after December 31, 2008,
the additional accruals shall be payable as of the Participant’s Retirement as otherwise provided in this Section 5. 
 Section 6. Administration of the Plan 
 6.1 The Committee shall be the named fiduciary of this Plan
responsible for the general operation and administration of this Plan and for carrying out the provisions thereof. The Committee shall have discretionary authority to construe the terms of this Plan and shall be the final arbiter of any question
that may arise under this Plan. 
  

 16 

 6.2 The Committee shall adopt such rules and procedures as it deems necessary and advisable
to administer this Plan and to transact its business. Subject to the other requirements of this Section 6, the Committee may— 
  

	 	(a)	employ agents to carry out non-fiduciary responsibilities; 

  

	 	(b)	employ agents to carry out fiduciary responsibilities (other than trustee responsibilities as defined in Section 405(c)(3) of ERISA); 

  

	 	(c)	consult with counsel, who may be counsel to the Company or an Affiliate; and 

  

	 	(d)	provide for the allocation of fiduciary responsibilities (other than trustee responsibilities as defined in Section 405(c)(3) of ERISA) among its members.

 However, any action described in paragraphs (b) or (d) of this Subsection 6.2, and any modification
or rescission of any such action, may be effected by the Committee only by a resolution approved by a majority of the Committee. The Committee shall be entitled to rely conclusively upon all tables, valuations, certificates, opinions and reports
furnished by any actuary, accountant, controller, counsel or other person employed or engaged by the Committee with respect to this Plan. 
 6.3 The Committee shall keep written minutes of all its proceedings, which shall be open to inspection by the Board of Directors. In the case of any decision by the Committee with respect to a claim for
benefits under this Plan, such Committee shall include in its minutes a brief explanation of the grounds upon which such decision was based. 
 6.4 In performing their duties, the members of the Committee shall act solely in the interest of the Participants in this Plan and their Beneficiaries and 
  

	 	(a)	for the exclusive purpose of providing benefits to Participants and their Beneficiaries; 

  

	 	(b)	with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in like capacity and familiar with such matters would
use in the conduct of an enterprise of alike character and with like aims; and 

  

	 	(c)	in accordance with the documents and instruments governing this Plan insofar as such documents and instruments are consistent with the provisions of Title I of ERISA.

 6.5 In addition to any other duties the Committee may have, the Committee shall review the performance of all
persons to whom the Committee shall have delegated or allocated fiduciary duties pursuant to the provisions of this Section 6. 
  

 17 

 6.6 The Company agrees to indemnify and reimburse, to the fullest extent permitted by law,
members of the Committee, directors and employees of the Company and its Affiliates, and all such former members, directors and employees, for any and all expenses, liabilities or losses arising out of any act or omission relating to the rendition
of services for or the management and administration of this Plan. 
 6.7 No member of the Committee nor any delegate thereof
shall be personally liable by virtue of any contract, agreement or other instrument made or executed by him/her or on his/her behalf in such capacity. 
 Section 7. Claims Procedure and Status Determination 
 7.1 Claims for
benefits under this Plan and requests for a status determination shall be filed in writing with the Company. 
 7.2 In the case
of a claim for benefits, written notice shall be given to the claiming Participant or Beneficiary of the disposition of such claim, setting forth specific reasons for any denial of such claim in whole or in part. If a claim is denied in whole or in
part, the notice shall state that such Participant or Beneficiary may, within sixty days of the receipt of such denial, request in writing that the decision denying the claim be reviewed by the Committee and provide the Committee with information in
support of his/her position by submitting such information in writing to the Secretary of the Committee. 
 7.3 The Committee
shall review each claim for benefits which has been denied in whole or in part and for which such review has been requested and shall notify, in writing, the affected Participant or Beneficiary of its decision and the reasons therefor. 

7.4 In the case of a request for status determination, written notice shall be given to the requesting person within a reasonable time
setting forth specific reasons for the decision. 
 Section 8. Amendment or Termination 
 8.1 The Company reserves the right to amend or terminate this Plan when, in the sole opinion of the Company, such amendment or termination
is advisable. Any such amendment or termination shall be made pursuant to a resolution of the Board or of the Employee Benefits Policy Committee and shall be effective as provided for in such resolution. 
 8.2 No amendment or termination of this Plan shall directly or indirectly deprive any current or former Participant, Beneficiary or
Surviving Spouse of a previously acquired right unless such Participant or Beneficiary or legal representative shall consent to such change. Provided, further, however, that after a Change in Control, this Plan may not be terminated nor the benefit
calculation reduced with respect to any Participant in the Plan on the date of such Change in Control unless such Participant or his/her Beneficiary or his/her legal representative

  

 18 

 
shall consent to such change. No right to a death benefit under Subsection 5.2 of this Plan shall accrue until a Schedule B Participant’s death and no right to an additional limited
retirement benefit under Subsection 5.3 of this Plan shall accrue until a Schedule B Participant’s Retirement. 
 8.3 In
the event of a Plan termination, vested benefits hereunder shall be distributed in a single lump sum as soon as practicable after the date the Plan is terminated if such distribution is permitted because the Plan is terminated in accordance with the
termination provisions of Section 409A of the Code and related regulations or, in other cases, at the earliest time otherwise permitted under the terms of the Plan in accordance with Section 409A of the Code and related regulations.

 Section 9. General Provisions 
 9.1 This Plan at all times shall be entirely unfunded and no provision shall at any time be made with respect to segregating any assets of the Company or any Affiliate for payment of any benefits
hereunder. No Participant, Beneficiary, Surviving Spouse or any other person shall have any interest in any particular assets of the Company or any Affiliate by reason of the right to receive a benefit under this Plan and any such Participant,
Beneficiary, Surviving Spouse or other person shall have only the rights of a general unsecured creditor with respect to any rights under the Plan. 
 9.2 Except as otherwise expressly provided herein, all terms and conditions of the Pension Plan or the Cash Balance Plan, as the case may be, applicable to a Pension Plan Retirement Benefit or a Pension
Plan Surviving Spouse Benefit shall also be applicable to a Supplemental Retirement Benefit or a Supplemental Surviving Spouse Benefits payable hereunder. Any Pension Plan Retirement Benefit or Pension Plan Surviving Spouse Benefit, or any other
benefit payable under the Pension Plan or the Cash Balance Plan, as the case may be, shall be paid solely in accordance with the terms and conditions of the Pension Plan or the Cash Balance Plan, as the case may be, and nothing in this Plan shall
operate or be construed in any way to modify, amend or affect the terms and provisions of the Pension Plan or the Cash Balance Plan, as the case may be. 
 9.3 Nothing contained in this Plan shall constitute a guaranty by the Company or any other entity or person that the assets of the Company or any .Affiliate will be sufficient to pay any benefit
hereunder. 
 9.4 No Participant or Surviving Spouse shall have any right to a benefit under this Plan except in accordance with
the terms of this Plan. The payment of any death or survivorship benefit under this Plan shall be contingent upon such evidence of death as may be reasonably required by the Committee. 
 9.5 This Plan shall not constitute a contract for the continued employment of any Participant by the Company or any Affiliate. The Company
and each Affiliate reserve the right to modify a Participant’s Compensation at any time and from time to time as it considers appropriate and to terminate any Participant’s employment for any reason at any time notwithstanding the Plan.

  

 19 

 9.6 No interest of any person or entity in, or right to receive a benefit under, this Plan
shall be subject in any manner to sale, transfer, assignment, pledge, attachment, garnishment or other alienation or encumbrance of any kind; nor any such interest or right to receive a benefits be taken, either voluntarily or involuntarily, for the
satisfaction of the debts of, or other obligations or claims against, such person or entity, including claims for alimony, support, separate maintenance and claims in bankruptcy proceedings. 
 9.7 This Plan shall be construed and administered under the laws of the United States and the State of New Jersey to the extent not
superseded by Federal law. This Plan is specifically intended to comply with the provisions of the American Jobs Creation Act of 2004 (the “AJCA”) and Section 409A of the Code and it shall automatically incorporate all applicable
restrictions of the AJCA, the Code and its related regulations, and the Company will amend the Plan to the extent necessary to comply with those requirements. The timing under which a Participant will have a right to receive any payment under this
Plan will be deemed to be automatically modified, and a Participant’s rights under the Plan limited to conform to any requirements under, the AJCA or the Code. 
 9.8 Actuarial assumptions to determine the present value of any benefit hereunder shall be the same as used to determine the present value of benefits under the Pension Plan or the Cash Balance Plan, as
the case may be. 
 9.9 If any person entitled to a benefit payment under this Plan is deemed by the Committee to be incapable
of personally receiving and giving a valid receipt for such payment, then, unless and until claim therefor shall have been made by a duly appointed guardian or other legal representative of such person, the Committee may provide for such payment or
any part thereof to be made to any other person or institution then contributing toward or providing for the care and maintenance of such person. Any such payment shall be a payment for the account of such person and a complete discharge of any
liability of the Company and this Plan therefor. 
 9.10 The Plan shall inure to the benefit of and be binding upon the Company,
its successors and assigns, including but not limited to any corporation which may acquire all or substantially all of the Company’s assets or businesses or with or into or which the Company may be consolidated or merged. 
 9.11 Any notice to a Participant, a Beneficiary or any legal representative hereunder shall be given in writing, by personal delivery,
overnight express service or by United States mail, postage prepaid, addressed to such person’s last known address. Any notice to the Company or the Committee hereunder (including the filing of beneficiary designations) shall be given by
delivering it in person or by overnight express service, or depositing it in the United States mail, postage prepaid, to the Secretary of the Employee Benefits Committee, Public Service Enterprise Group Incorporated, 80 Park Plaza, T10B, P.O. Box
1171, Newark, New Jersey, 07101. 
  

 20 

 9.12 Each Participant shall keep the Company informed of his/her current address and the
current address of his/her spouse. The Company shall not be obligated to search for the whereabouts of any person. If the location of a Participant is not made known to the Company within three (3) years after the date on which payment of the
Participant’s Supplemental Retirement Benefit may first be made, payment may be made as though the Participant had died at the end of the three-year period. If, within one additional year after such three-year period has elapsed, or, within
three years after the actual death of a Participant, the Company is unable to locate any Surviving Spouse of the Participant, then the Company shall have no further obligation to pay any benefit hereunder to such Participant or Surviving Spouse or
any other person and such benefit shall be irrevocably forfeited. 
 9.13 Failure by the Company or the Committee to insist upon
strict compliance with any of the terms, covenants or conditions hereof shall not be deemed a waiver of any such term, covenant or condition, nor shall any waiver or relinquishment of any right or power hereunder at any one or more times be deemed a
waiver or relinquishment of any such right or power at any other time or times. 
 9.14 The invalidity or unenforceability of
any provision hereof shall in no way affect the validity or enforceability of any other provision of this Plan. 
 9.15
Notwithstanding any of the preceding provisions of this Plan, none of the Company, the Committee or any individual acting as an employee or agent of the Company or the Committee shall be liable to any Participant, former Participant, Surviving
Spouse or any other person for any claim, loss, liability or expense incurred in connection with this Plan. 
 Section 10. Miscellaneous 
 10.1 As used herein, words in the masculine gender shall include the feminine
and the singular shall include the plural, and vice versa, unless otherwise required by the context. Any headings used herein are included for ease of reference only and are not to be construed so as to alter the terms hereof. 
  

 21

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00169-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00169-of-00352.parquet"}]]