Document:

Prepared by R.R. Donnelley Financial -- BANK ONE CORP. EXEC. MGMT. SEPARATION PLAN

 EXHIBIT 10(H) 
  
 SUMMARY OF
CHANGES TO 
 EXECUTIVE MANAGEMENT SEPARATION PLAN 
  
 The Executive Management Separation Plan was eliminated effective December 31, 2000. Following a transition period described below, all executive officers will receive separation benefits in accordance with Bank One’s severance policy
applicable to all employees. The severance policy provides that if an executive officer is involuntarily terminated, except termination for cause, the officer shall receive three weeks of base salary for each year of service, but not less than 12
weeks nor more than 52 weeks of base salary. For those executive officers who were covered by the Plan when it was adopted in October 1999, they shall each receive a benefit equal to the amount calculated as of October 1, 1999, pursuant to the Plan,
reduced by the sum of all salary and incentive bonuses paid or payable from January 1, 2001, through the date of termination, but in no event less than the amount payable under the standard severance policy. All other executive officers shall, until
February 1, 2002, each receive a benefit equal to two times their annualized base salary plus a proportionate bonus for 2001; and thereafter the amount payable under the standard severance policy. 

 BANK ONE CORPORATION 
 EXECUTIVE MANAGEMENT SEPARATION PLAN

 Effective October 1, 1999 
  
 1.  Purpose and Effective Date.    BANK ONE CORPORATION (the “Corporation”) hereby establishes the BANK ONE CORPORATION Executive Management Separation Plan, effective October 1, 1999 (the
“Plan”). The Plan provides support and assistance to eligible executives affected by certain employment separations. The Corporation intends the Plan to provide eligible executives with a measure of income protection and/or such other
benefits as the Corporation may deem appropriate to provide under the Plan from time to time. The Plan supercedes and replaces all prior plans of similar intent maintained by the Corporation or its predecessor corporations. 
  
 The Plan is an unfunded welfare benefit plan maintained to provide benefits for a select group of management and highly compensated employees, and the
Corporation shall so administer and interpret the Plan. As such, the Plan is not a retirement plan, nor is the Plan intended to be subject to the requirements of the Employee Retirement Income Security Act of 1974, as amended, and regulations
thereunder. 
  
 2.  Definitions.    Whenever capitalized and used herein, the following terms
shall have the meanings indicated below, unless the context clearly indicates a different meaning: 
  
 (a)  Administrator” shall mean the Organization, Compensation and Nominating Committee of the Board of Directors of the Corporation or any successor to such committee. 
  
 (b)  “BANK ONE” shall mean the Corporation and any of its wholly-owned subsidiaries. 

 
 (c)  “Benefit” shall mean the Pay Continuation Period payments and other benefits provided to
Eligible Executives under the Plan, as described under Section 4. 
  
 (d)  “Cause”
shall mean a material violation of the Corporation’s code of ethics or gross negligence, willful misconduct, fraud or dishonesty. 
  
 (e)  “Change of Control” shall have the same meaning given to such term under the BANK ONE CORPORATION Stock Performance Plan. 
  
 (f)  “Change of Control Agreement” shall mean an agreement in effect between an Eligible Executive and the Corporation that provides special
benefits to the Eligible Executive in the event that the Corporation experiences a Change of Control. 
 

 1 

  
 (g)  “Claimant” shall mean an individual who
believes he has a claim arising under the Plan, whether such claim relates to eligibility for participation or the payment or amount of Benefits. 
  
 (h)  “Corporation” shall mean BANK ONE CORPORATION, a Delaware corporation, or its successor. 
  
 (i)  “Effective Date” shall mean October 1, 1999. 
  

(j)  “Eligible Executive” shall mean a U.S.-based officer of the Corporation who holds the title of Executive Vice-President or above or
its equivalent and who serves as a member of the Corporation’s Management Committee or any similar successor committee or group. 
  
 (k)  “Participant” shall mean an Eligible Executive who has commenced participation in the Plan in accordance with Section 3. 
  
 (l)  “Pay Continuation Period” shall mean the period beginning on the day immediately following the last day of a Participant’s
Transition Period, provided that the Participant has not secured another position with BANK ONE during the Transition Period, and ending on the earliest of: (i) twelve months following the end of the Transition Period; (ii) the date as of which the
Participant secures new employment of any kind; (iii) the date as of which the Participant receives a lump sum settlement of his Pay Continuation Period Benefits, as described in Section 6 below; and (iv) the date the Administrator terminates the
Participant’s benefits under Section 9 below. 
  
 (m)  “Plan” shall mean the BANK
ONE CORPORATION Executive Management Separation Plan, effective October 1, 1999, as set forth herein and amended from time to time in accordance with Section 13. 
  
 (n)  “Transition Period” shall mean the 30-day period beginning on the date an Eligible Executive receives notice from the Corporation that
his employment has been involuntarily terminated for reasons other than “Cause” or the effective date of his resignation when such resignation is determined to be in the best interests of the Corporation, as provided in Section 3 below;
provided, however, that the Transition Period shall end prior to the expiration of 30 days upon the date that the Participant secures a new position with BANK ONE. 
  
 3.  Eligibility.    An Eligible Executive shall automatically become a Participant in the Plan upon the commencement of his Transition Period.
Notwithstanding the foregoing, an Eligible Executive shall not become a Participant: 
 

 2 

  
 (a)  if his employment terminates for Cause, or as the result of
his voluntary resignation or retirement that is not determined to be in the best interests of the Corporation or his death; 
  
 (b)  while he is on a leave of absence that was granted without a guarantee of re-employment by BANK ONE (including a leave of absence granted on account of or to accommodate the Eligible Executive’s
long-term disability); 
  
 (c)  if BANK ONE eliminates his position but offers him comparable
employment (the comparability of such employment to be determined by the Administrator, in its sole discretion) with BANK ONE or with another entity pursuant to an agreement between such entity and BANK ONE (including, without limitation, an
agreement for the sale of a business unit or the outsourcing of a business function under which affected employees of BANK ONE are offered employment with the purchasing entity or vendor, as applicable); 
  
 (d)  as the result of the modification of the responsibilities or duties of his position as part of or in response to
ongoing business needs or corporate reorganization; 
  
 (e)  as the result of the transfer of his
position with BANK ONE to another location; or 
  
 (f)  if he has entered into a separate, written
employment, severance or similar agreement with BANK ONE, where such agreement provides benefits in the event of the Eligible Executive’s termination of employment, unless such agreement specifically provides for the Eligible Executive’s
participation hereunder. 
  
 The Administrator, in its sole and absolute discretion, shall determine whether an Eligible Executive may be excluded from
participation in the Plan pursuant to paragraphs (a) through (f) above, including whether an offer of employment upon the elimination of the Eligible Executive’s prior position is “comparable.” The determination of whether an Eligible
Executive’s resignation or retirement is “in the best interests of the Corporation” shall be made by the Chief Executive Officer of the Corporation with respect to an Eligible Executive who is not a director of the Corporation and by
the Administrator with respect to an Eligible Executive who is a director of the Corporation. 
  
 4.  Benefits.    Subject to Section 9 below, a Participant in the Plan shall receive the following Benefits: 
  
 (a)  Transition Period.    Throughout the Transition Period, the Participant shall be eligible to receive regular salary payments
calculated using his base salary rate in effect on the day immediately preceding the first day of the 
 

 3 

 Transition Period. In addition, the Participant shall continue to be eligible to participate in all employee benefit plans in which he
was participating on the day immediately preceding the first day of the Transition Period; provided, however, that the Participant shall not be eligible to receive additional grants under any BANK ONE stock-based incentive plan (other than a plan
designed to comply with Section 423 of the Internal Revenue Code of 1986, as amended) while he is a Participant in the Plan. 
  
 (b)  Pay Continuation Period.     Pay Continuation Period Benefits shall consist of all of the following: 
  
 (i)  Salary:    The Participant shall be eligible to receive regular salary payments calculated using the base salary rate he
received during the Transition Period. 
  
 (ii)  Continued Benefit
Coverage:    The Participant shall continue to be eligible to participate in the employee benefit plans in which he participated during the Transition Period, subject to such terms, conditions and amendments (including an
amendment to terminate the plan(s)) as may be in effect under such employee benefit plans during the Transition Period and Pay Continuation Period; except that, during the Pay Continuation Period, the Participant shall not: 
  
 (A)  accrue or earn additional vacation or personal days; 
  
 (B)  be entitled to sick days; nor 
  
 (C)  be covered under any BANK ONE-sponsored short-term or long-term disability plans, or business travel accident plans. 
  
 (iii)  Bonus:    As of the first annual bonus period that occurs during either the Participant’s Transition Period or Pay
Continuation Period, the Participant shall be eligible to receive an amount equal to the average of the two (2) highest bonuses paid to the Participant for the three (3) annual bonus periods occurring immediately preceding the date on which his
Transition Period began (“Average Bonus Amount”). Notwithstanding the foregoing, if the Participant’s Transition Period or Pay Continuation Period begins: 
  
 (A)  prior to the Participant’s receipt of an annual bonus, the Average Bonus Amount under this paragraph (iii) shall equal the first-year bonus amount
described in the hiring agreement in effect between the Participant and the Corporation; or 
 

 4 

  
 (B)  after the Participant’s receipt of one but fewer than
three (3) annual bonuses, the Average Bonus Amount under this paragraph (iii) shall be equal to the annual bonus or the average of the two (2) annual bonuses which the Participant has received, whichever is applicable. 
  
 (iv)  Severance Payment:    As of the close of the Pay Continuation Period, the Participant shall
be eligible to receive a Severance Payment equal to: (A) the remainder, if any, of the salary continuation that the Participant would have been paid had the Participant’s Pay Continuation Period continued for a full twelve months following the
last day of the Participant’s Transition Period; plus (B) one (1) year of salary, determined using the base salary rate at which the Participant was paid during his Transition Period; plus (C) his Average Bonus Amount; provided, however, that
such Average Bonus Amount shall be multiplied by two (2) if the Pay Continuation Period terminates prior to the first annual bonus period that occurs following the start of his Transition Period and he does not receive the Bonus Amount described in
paragraph (iii) above. 
  
 (v)  Alternative Minimum
Benefit.    Notwithstanding the foregoing, the Administrator may, in its sole discretion, designate a Participant whose Transition Period begins on or before January 1, 2001 as eligible to receive an Alternative Minimum
Benefit, in lieu of and to the extent such Alternative Minimum Benefit exceeds the value of the benefit provided under paragraph (iv) above. The amount of such Alternative Minimum Benefit shall equal the sum of: (A) the average of the annual bonuses
awarded to the Participant for the annual bonus periods occurring in 1997, 1998 and 1999, multiplied by a fraction, the numerator of which is ten (10) and the denominator of which is twelve (12), plus (B) the product of 2.5 multiplied by the sum of:
(1) the Participant’s annual base salary rate as in effect on October 1, 1999, and (2) the average of the annual bonuses awarded to the Participant for the annual bonus periods occurring in 1997, 1998 and 1999. A Participant whose Transition
Period begins after January 1, 2001 shall not be eligible to receive the Alternative Minimum Benefit. 
  
 (c)  External Employment Prior to Expiration of Pay Continuation Period.    If the Participant’s Pay Continuation Period ends because the Participant secures employment with an entity other than
BANK ONE, the Participant shall be eligible to receive a lump sum settlement of any unpaid portion of the benefits described in paragraphs (b)(i), (iii), (iv) and (as applicable) (v) above. In addition, the Participant shall be eligible to receive
the following additional Benefits: 
 

 5 

  
 (i)  With respect to any options to purchase shares of BANK ONE
common stock that were awarded to the Participant prior to the Effective Date and which are outstanding on the last day of the Participant’s Pay Continuation Period, the Participant shall become vested in and eligible to exercise such options
as though he were eligible to retire on such date. The Participant’s vesting and exercise rights as a result of being deemed eligible to retire shall be determined solely in accordance with the terms of the applicable option agreements.

  
 (ii)  With respect to any retention, performance or restricted shares (as such shares are described
in the Corporation’s employment policies) that the Corporation awarded to the Participant prior to the Effective Date, the Participant shall receive a pro rata distribution of any such shares as remain unvested on the last day of his Pay
Continuation Period as though he were eligible to retire on such date, subject to the attainment of any performance criteria described in the applicable award agreements. 
  
 (d)  Withholding.    Notwithstanding the foregoing, the Corporation shall reduce the Benefits described in this Section 4 by any
amounts necessary to satisfy its income tax withholding obligations under federal and state law. 
  
 5.  Lump Sum
Election.    At any time prior to the conclusion of his Transition Period, a Participant may elect to receive a lump sum settlement of the Pay Continuation Period Benefits described in paragraphs 4(b)(i), (iii), (iv) and (as
applicable) (v) above. The Participant must make such election in writing and in accordance with procedures established by the Administrator for such purpose. Payment of such lump sum settlement shall be made as soon as administratively practicable
following the close of the Transition Period. If the Participant receives a lump sum settlement of his Pay Continuation Benefits and thereafter secures a position with BANK ONE, he shall be required to repay the portion of such lump sum settlement
(if any) that was awarded with respect to the period beginning on the date of the Participant’s reemployment and ending on the last day of the twelve-month period following the end of his Transition Period. The Administrator, in its sole
discretion, shall determine the value of any Benefits to be repaid by operation of this Section 5, and the Participant shall repay such Benefits in accordance with procedures established by the Administrator for this purpose. 

 
 6.  Payment of Benefits.    Benefits shall automatically be paid to a Participant as he becomes eligible
to receive them. The Administrator, in its sole discretion, may establish procedures under which a Participant may elect to defer payment of any and all benefits payable under this Plan to a deferred compensation plan sponsored by the Corporation,
provided that such other plan and its administrator allows for such deferral. 
 

 6 

  
 Notwithstanding the foregoing, if a Participant dies before receiving all Benefits to which he
is entitled hereunder (other than Benefits consisting of the continued benefit coverage described in paragraphs 4(a) and (b)(ii) hereof), the portion of such Benefits as remain unpaid as of the date of the Participant’s death shall be paid to
the Participant’s surviving spouse in a lump sum as soon as practicable following the Participant’s death. If the Participant does not have a surviving spouse, Benefits shall be paid to his estate. 
  
 7.  Job Placement Services.    Throughout both his Transition Period and Pay Continuation Period, a Participant may
use the Corporation’s internal job placement services to search for a position within BANK ONE. In addition, the Participant may utilize the services of any Corporation-approved outplacement assistance firms. The Administrator shall provide the
Participant with information concerning available job placement services. 
  
 8.  Status of Participant’s
Employment.    The Corporation shall deem a Participant’s employment to terminate for all purposes as of the date that both his Transition Period and Pay Continuation Period terminate. 
  
 9.  Terms and Conditions of Benefits.    The Benefits described under the Plan are payable to a Participant subject
to the following conditions: 
  
 (a)  The Participant shall promptly inform the Administrator if he
secures new employment during his Transition Period or Pay Continuation Period. 
  
 (b)  The
Participant shall assist BANK ONE with any transition issues that arise from the elimination of his position or other employment change that entitles the Participant to Benefits under the Plan. 
  

(c)  Throughout his Transition Period and Pay Continuation Period, the Participant must continue to comply with any applicable code of conduct or
integrity policy of the Corporation or BANK ONE. 
  
 (d)  To the extent permitted by applicable law,
the Participant’s Benefits shall be reduced by any amounts due and owing by the Participant to the Corporation or BANK ONE. 
  
 The Administrator, in
its sole and absolute discretion, may deny, terminate or seek repayment of a Participant’s Benefits under the Plan if a Participant fails to satisfy any of the foregoing conditions. 
  
 10.  Coordination/Non-Duplication of Benefits.    Notwithstanding anything herein to the contrary, the Corporation shall have no obligation to pay
Benefits under this Plan if an Eligible Employee receives benefits under a Change of Control Agreement or the termination provisions of any other executive employment agreement. 
 

 7 

  
 11.  Plan Administration.    Except as otherwise
specifically provided herein, the Administrator shall be responsible for the administration of the Plan. The Administrator shall have all powers and authority necessary to administer the Plan and fulfill its duties hereunder, including, but not
limited to, the power to: 
  
 (a) interpret the Plan and resolve all questions regarding eligibility and the
payment and amount of Benefits; 
  
 (b) review and decide all claims arising under the Plan; 

 
 (c) establish procedures for the making of Participants’ elections; and 
  
 (d) delegate to one (1) or more other persons or entities the authority to carry out its responsibilities hereunder. 

 
 12.  Claims Procedure.    A Claimant must file his claim in writing with the Administrator, along with
any supporting documentation.  The Administrator or its designee shall review the claim and notify the Claimant of its decision. 
  
 (a)  If the claim is denied, in whole or in part, the Administrator or its designee shall notify the Claimant in writing within a reasonable period of time following its receipt of the claim. The notice of
denial shall include: 
  
 (i)  the specific reason or reasons for the denial; 
  
 (ii)  reference to the provisions of the Plan on which the denial is based; 
  
 (iii)  a description of any additional material or information necessary for the Claimant to perfect the claim; and

  
 (iv)  an explanation of the Plan’s claim review procedure. 
  
 (b) No later than 60 days following his receipt of a notice of claim denial, the Claimant or his duly authorized representative may
submit a written request for review of the claim denial. In connection with such request, the Claimant or his duly authorized representative may review pertinent documents at the Administrator’s office and submit written issues and/or comments
to the Administrator. 
  
 (c) The Administrator or its designee shall make a decision on review of a claim denial
within 60 days following its receipt of a request for review, unless special circumstances require an extension of the time for processing, in which case the Claimant shall be notified in writing, and the Administrator or its designee shall make a
decision within 120 days following its receipt of the request for review. The Administrator’s decision on review of a claim denial shall be made in writing and shall include: 
 

 8 

  
 (i)  the specific reason or reasons for the decision; and

  
 (ii)  reference to the provisions of the Plan on which the decision is based. 

 
 (d) Notwithstanding the foregoing, the Administrator or its designee may, in its sole discretion and in lieu of the
procedures described above, take whatever additional, alternative or abbreviated action it feels is satisfactory to fully and fairly review any claim for participation or Benefits hereunder, to provide adequate written notice of an initial claim
denial or appeal and to offer reasonable opportunity for a full and fair review of a claim denial. Any such review process formulated under this paragraph (d) shall in no way affect the Administrator’s duties under Section 11 above.

  
 (e) Each Claimant must fully exhaust the claims procedures outlined under this Section 12 before filing a
claim arising under the Plan in a court of law or similar body. The Administrator’s decision on review of a claim denial shall be final and binding on all interested parties. 
  
 13.  Amendment and Termination.     The Board of Directors of the Corporation may amend or terminate the Plan at any time; provided, however, that,
except as may otherwise be required by law, no such amendment or termination of the Plan shall reduce the benefits to which a Participant (or his beneficiary) is entitled under the Plan as of the date of such amendment or termination. 

 
 14.   No Guarantee of Employment or Benefits.    Nothing contained in the Plan shall be construed as a
contract of employment or deemed to give any Eligible Executive the right to be retained in the employ of BANK ONE.  Notwithstanding their participation in the Plan, Eligible Executives remain employed at-will, and BANK ONE may terminate
their employment at any time. 
  
 Additionally, participation in the Plan shall not be construed or deemed to give any Eligible
Executive the right to receive any equity or other interest in the assets, business or affairs of BANK ONE. No Eligible Executive shall have a security interest in any assets of BANK ONE. 
  
 15.  Unfunded Benefits.    The Corporation shall pay the Benefits payable hereunder solely from its general assets, and in no event shall the
Corporation fund Benefits through any trust, including any welfare benefits trust(s) used to fund benefits payable under other Corporation-sponsored programs. 
  
 16.  WARN Benefits.    The Corporation intends that a Participant’s Transition Period and Pay Continuation Period run concurrently with, or be applied towards, any notice or
severance payment obligation required under any local, state or federal law, including the Worker’s Adjustment and Retraining Notification Act, to the full extent permitted by such laws. 
 

 9 

  
 17.  Successors and Assigns.    The provisions of the Plan
are binding upon and inure to the benefit of BANK ONE, its successors and assigns, and the Participant, his beneficiaries, heirs, legal representatives and assigns. 
  
 18.  Gender and Number.    Unless the context clearly indicates otherwise, all references in the Plan to the masculine pronoun shall include the
feminine, and all references to a singular individual shall include the plural (or vice versa). 
  
 19.  Headings Not
Binding.    Section headings used herein are for convenience only and shall not be construed or interpreted as changing the intent or meaning of the provisions of the Plan. 
  
 20.  Severability.    If any provision of the Plan shall be held invalid or illegal for any reason, such invalidity
or illegality shall not affect the remaining provisions of the Plan, but the Plan shall be construed and enforced as if such illegal or invalid provision had never been included herein. 
  
 21.  Governing Law.    The Plan shall be subject to and construed in accordance with the laws of the State of Illinois, to the extent not preempted
by federal law. 
 

 10Prepared by R.R. Donnelley Financial -- BANK ONE CORP. PLNG. GRP. ANNUAL INCENTIVE PLAN

 EXHIBIT 10(I) 
  
 BANK ONE
CORPORATION 
 PLANNING GROUP ANNUAL INCENTIVE PLAN 
  
 1.    Purpose 
  
 The BANK ONE CORPORATION Planning Group Annual Incentive Plan (the “
Plan”) is designed to (i) assist BANK ONE CORPORATION (the “Corporation”) in attracting, retaining and motivating executive management employees, (ii) associate Participants’ interests with those of the Corporation’s
stockholders and (iii) qualify annual incentive compensation paid to Participants who are “covered employees” as “other performance-based compensation” within the meaning of Section 162(m) of the Code or a successor provision.
The Plan as set forth herein is an amendment and restatement, effective February 15, 1999, of the First Chicago NBD Corporation Senior Management Incentive Plan (the “Prior Plan”). 
  

2.    Definitions 
  
 (a)  “Board” means
the Board of Directors of BANK ONE CORPORATION. 
  
 (b)  “Change of Control” means a change of control of the
Corporation as defined in the BANK ONE CORPORATION Stock Performance Plan or any successor thereto. 
  
 (c)  “Code” means the Internal Revenue Code of 1986, as amended. 
  
 (d)  “Committee” means the committee appointed by the Board to administer the Plan as provided herein. Unless otherwise determined by the Board, the Organization, Compensation and Nominating Committee of the Board shall
be the Committee. 
  
 (e)  “Corporation” means BANK ONE CORPORATION and its successors and assigns and any
corporation which shall acquire substantially all of its assets. In addition, Corporation shall include any corporation or other entity, whether domestic or foreign, in which the Corporation has or obtains, directly or indirectly, a proprietary
interest of at least 50% by reason of stock ownership or otherwise. 
  
 (f)  “Incentive Payment” means a
payment under this Plan made in cash to a Participant, subject to Section 4 hereof. 
  
 (g)  “Incentive Period”
means the calendar year, except to the extent the Committee determines otherwise. 
  
 (h)  “Participant” means
an employee of the Corporation who is a member of executive management and is designated by the Committee as eligible to receive an Incentive Payment under the Plan for an Incentive Period. 
 

 1 

  
 (i) “Performance Goals” mean (i) earnings per share, (ii) return on average equity,
(iii) return on average assets, or (iv) any other objective performance goals as may be established by the Committee for an Incentive Period. Performance Goals may be absolute in their terms or measured against or in relationship to other companies
comparably, similarly or otherwise situated and may be based on or adjusted for any other objective goals, events, or occurrences established by the Committee for an Incentive Period, including earnings, earnings growth, revenues, expenses, stock
price, market share, charge-offs, loan loss reserves, reductions in non-performing assets, return on assets, return on equity or return on investment, regulatory compliance, satisfactory internal or external audits, improvement of financial ratings,
achievement of balance sheet or income statement objectives, extraordinary charges, losses from discontinued operations, restatements and accounting changes and other unplanned special charges such as restructuring expenses, acquisition expenses
including goodwill, unplanned stock offerings and strategic loan loss provisions. Such Performance Goals may be particular to a line of business, subsidiary or other unit or may be based on the performance of the Corporation generally. Such
Performance Goals may cover such period as may be specified by the Committee. 
  
 (j)  “Plan” means the BANK
ONE CORPORATION Planning Group Annual Incentive Plan. 
  
 (k)  “Prior Plan” means the First Chicago NBD
Corporation Senior Management Annual Incentive Plan. 
  
 3.    Administration 
  
 (a)  The Plan shall be administered by the Committee. The Committee shall have authority to determine the terms of all Incentive Payments
hereunder, including, without limitation, the Participants to whom, and the time or times at which, payments are made, the amount of a Participant’s Incentive Payments, the Incentive Period to which each Incentive Payment shall relate, the
actual dollar amount to be paid, and when the Incentive Payments shall be made (which payments may, without limitation, be made during or after an Incentive Period, on a deferred basis or in installments). 
  
 (b)  Subject to the express provisions of the Plan, the Committee shall have authority to interpret the Plan, to prescribe, amend and rescind
rules and regulations relating to it and to make all other determinations deemed necessary or advisable for the administration of the Plan. The determinations of the Committee pursuant to its authority under the Plan shall be conclusive and binding.

  
 (c)  The Committee may, in its discretion, authorize the Chief Executive Officer or the Chairman of the Board of the
Corporation to act on its behalf, except with respect to matters relating to such Chief Executive Officer or Chairman of the Board or any executive vice president or above of the Corporation. 
 

 2 

  
 4.    Determination of Performance Goals and Incentive Payments 
  
 (a)  Prior to the completion of 25% of the Incentive Period or such earlier date as required under Section 162(m) of the Code, the Committee
shall, in its sole discretion, for each such Incentive Period determine and establish in writing the following: 
  
 (i) The Performance Goals applicable to the Incentive Period; and 
  
 (ii) The performance/payout
schedule detailing the total amount which may be available for payout to all Participants as Incentive Payments based upon the relative level of attainment of the Performance Goals. 
  
 (b)  After the end of each Incentive Period, the Committee shall: 
  
 (i) Certify in writing, prior to the unconditional payment of any Incentive Payment, whether the Performance Goals for the Incentive Period were satisfied and to what extent they were satisfied; 

 
 (ii) Determine the total amount available for Incentive Payments pursuant to the performance/payout schedule established in
Section 4(a)(ii) above, which amount shall be based upon the extent to which the Performance Goals established by the Committee for the Incentive Period have been achieved; 
  
 (iii) In its sole discretion, reduce the size of or eliminate the total amount available for payment for an Incentive Period; and 
  
 (iv) In its sole discretion, determine the share, if any, of the available amount to be paid to each Participant as that
Participant’s Incentive Payment and authorize payment of such amount; except, however, in the case of a Participant who is at or above the level of vice chairman of the Corporation, the Board shall approve (but only to the extent permitted
under Section 162(m) of the Code and underlying regulations) the Committee’s determination of such Participant’s share before the Committee may authorize payment. 
  
 (v) Anything in this Plan to the contrary notwithstanding, if the minimum Performance Goals established by the Committee for the Incentive Period under Section 4(a)(i)
are attained and certified by the Committee in accordance with Section 4(b)(i), the Committee may award the maximum amount (or in its sole discretion any lesser amount) set forth in Section 4(f) as a Participant’s Incentive Payment for the
Incentive Period. 
  
 (c)  The Committee may authorize a conditional payment of a Participant’s Incentive Payment
prior to the end of an Incentive Period based upon the Committee’s good faith determination of the projected size of (i) the total amount which will become available for payout as Incentive Payments for the Incentive Period pursuant to Section
4(b)(ii) above, and (ii) a Participant’s Incentive Payment. 
 

 3 

  
 (d)  Unless otherwise determined by the Committee or required by applicable law, no
payment pursuant to this Plan shall be made to a Participant unless the Participant is employed by the Corporation as of the date of payment. 
  
 (e)  Incentive Payments shall be subject to applicable federal, state and local withholding taxes and other applicable withholding in accordance with the Corporation’s payroll practices as from
time-to-time in effect. 
  
 (f)  The Incentive Payment for any Incentive Period for each Participant who is a
“covered employee” under Section 162(m) of the Code and/or a member of executive management (as designated by the Chief Executive Officer or the Chairman of the Board of the Corporation) shall in no event exceed $4,000,000. 

 
 5.    Transferability 
  
 Incentive Payments shall not be subject to the claims of creditors and may not be assigned, alienated, transferred or encumbered in any way by a Participant prior to the payment thereof. 
  

6.    Termination or Amendment 
  
 The Board may amend,
modify or terminate the Plan in any respect at any time without the consent of Participants. Any such action of the Board may be taken without the approval of the Corporation’s stockholders, but only to the extent that such stockholder approval
is not required by applicable law or regulation, including specifically Section 162(m) of the Code. 
  
 7.    Change of Control

  
 Notwithstanding anything contained in this Plan, in the event of a Change of Control, the following provisions shall be
applicable: 
  
 (a) The Incentive Period will be deemed to have concluded on the date of the Change of Control
and the total amount available pursuant to Section 4(b) will fund on a pro-rata basis (based upon the number of days in such Incentive Period elapsed through the date of Change of Control) assuming the Corporation had attained Performance Goals at a
level generating funding at 200% of target funding; and 
  
 (b)  The Committee in its sole discretion
will determine the share of the available amount payable to each Participant as that Participant’s Incentive Payment (provided that in all events the entire available amount as calculated pursuant to Section 7(a) shall be paid to Participants
as Incentive Payments) and payments shall be made to each Participant as soon thereafter as is practicable. 
 

 4 

  
 8.    Savings Clause 
  
 This Plan is intended to comply in all aspects with applicable law and regulation, including, with respect to those Participants who are “covered employees,” Section 162(m) of
the Code. In case any one or more of the provisions of this Plan shall be held invalid, illegal or unenforceable in any respect under applicable law and regulation, the validity, legality and enforceability of the remaining provisions shall not in
any way be affected or impaired thereby and the invalid, illegal or unenforceable provision shall be deemed null and void; however, to the extent permissible by law, any provision which could be deemed null and void shall first be construed,
interpreted or revised retroactively to permit this Plan to be construed in compliance with all applicable laws (including Code Section 162(m)), so as to foster the intent of this Plan. 
  

9.    Confer No Other Rights 
  
 The establishment of the
Plan shall not confer upon any Participant any legal or equitable right against the Corporation, except as expressly provided in the Plan. 
  
 10.    No Right to Employment 
  
 The Plan, an Incentive Payment, or the designation of an
employee as a Participant for an Incentive Period do not constitute an inducement or consideration for the employment of any Participant, nor is the Plan or any Incentive Payment a contract between the Corporation and any Participant. Participation
in the Plan shall not give a Participant any right to be retained in the employ of the Corporation. 
  
 11.    Other Plans

  
 Nothing contained in this Plan shall prevent the Board or Committee from adopting other or additional compensation
arrangements, subject to stockholder approval if such approval is required, and such arrangements may benefit Participants and may be either generally applicable or applicable only in specific cases. 
  
 12.    Governing Law 
  
 The
Plan shall be governed, construed and administered in accordance with the laws of the State of Delaware except where such laws may be superseded by federal law. 
  
 13.    Effective Date; Term of the Plan 
  
 The Plan is an amendment and restatement, effective
February 15, 1999 of the Prior Plan. The Prior Plan was approved by the stockholders of First Chicago NBD Corporation on 
 

 5 

 May 10, 1996. Unless sooner terminated by the Board pursuant to Section 6, to the extent necessary to ensure that Incentive Payments made to “covered
employees” as defined under Section 162(m) of the Code may be deductible for federal income tax purposes, the Plan shall terminate as of the date of the first meeting of the Corporation’s stockholders occurring during the year 2001, unless
the term of the Plan is extended and reapproved at such stockholders’ meeting. No additional Incentive Payments may be paid after termination of the Plan. Termination of the Plan shall not affect any Incentive Payments due and outstanding on
the date of termination and such Incentive Payments shall continue to be subject to the terms of the Plan notwithstanding its termination. 
 

 6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}]]