Document:

Exhibit 10.10(a)

 Exhibit 10.10(a) 
 FIRST AMENDMENT TO 
 THE PEOPLE’S UNITED BANK ENHANCED SENIOR PENSION
PLAN 
 WHEREAS, People’s United Bank, a federally chartered savings bank (the “Bank”), maintains The
People’s United Bank Enhanced Senior Pension Plan (the “Plan”) for a select group of management or highly compensated employees who meet certain qualifications; and 

WHEREAS, the provisions of Section 11.1 provide that the Plan may be amended from time to time by the Bank’s Human
Resources Committee (the “Committee”); and 
 WHEREAS, the Committee on July 6, 2011, determined to amend
the Plan to: (i) provide that no Plan Participant’s compensation earned or paid after December 31, 2011, or service performed after such date shall be taken into account under the Plan in determining such Participant’s benefit
thereunder, but that service after December 31, 2011, nonetheless shall be taken into account under the Plan solely for purposes of determining such Participant’s vesting in his Plan Benefit accrued as of December 31, 2011; and
(ii) that no employee who has not become a Participant in the Plan before January 1, 2012, shall be eligible to participate in the Plan on or after such date; and 
 WHEREAS, the Committee on October 13, 2011, determined to modify such action of July 6. 2011 to allow an Employee who is such as of January 1, 2012, had attained the Minimum Salary
Grade prior to March 1, 2008 and remains at a salary grade at least equal to die Minimum Salary Grade to become a Participant as of his attainment of age fifty (50) on or after January 1, 2012; and 

WHEREAS, the Committee on December 15, 2011, determined to amend the Plan to provide for an early payment for each
Participant in an amount sufficient to pay the Participant’s portion of the FICA withholding taxes attributable to the ascertainable benefit amount under the Plan and an additional amount estimated to pay the applicable state and federal income
withholding taxes and FICA withholding taxes relating to such payment and any related “gross-up” payment; and, further, to provide for an offset against the Plan Benefit payable following such Participant’s termination of employment
to reflect such early payment; and 
 WHEREAS, the undersigned officer has been duly authorized by the Bank to execute
such amendments. 
 NOW, THEREFORE, the Bank hereby amends the Plan, as follows, effective December 31, 2011, except
as otherwise provided herein: 
  

	 	1.	A new paragraph is added to the end of ARTICLE I of the Plan to read as follows: 

 “Benefits under the Plan, the Cap Excess Plan and the ERP have been frozen effective December 31, 2011, and no increases shall be made to a Participant’s benefit in the Plan determined as
of December 31, 2011, as a result of service performed for the Bank on and after January 1, 2012. Any Employee who was initially employed by the Bank before August 14, 2006, who had not become a Participant in the Plan by
December 31, 2011, but would qualify as a Participant under Article III of the Plan 

 
except that he has not attained age 50 by December 31, 2011 shall nonetheless be eligible to become a Participant in the Plan if he attains age 50 on or after January 1, 2012 while he
is an Employee of the Bank. No Participant’s compensation earned or paid after December 31, 2011, shall become part of his Final Average Salary and no part of his service performed after such date shall be taken into account under the Plan
in determining the Participant’s Plan Benefit or Plan Death Benefit hereunder. The provisions above limiting recognition of a Participant’s Credited Service after December 31, 2011, shall not be construed to indicate that the
Participant has had a termination of Credited Service requiring distribution under the Plan.” 
  

	 	2.	For purposes of clarification, the following sentence is added to the end of Section 2.25: 

“For purposes of determining (a) above, no service performed or attributed to periods after December 31, 2011 and no amount
of compensation paid to or accrued by the Participant after December 31, 2011 shall be considered in determining his Final Average Salary or Target Amount. In determining whether a Participant has completed less than 15 Years of Credited
Service, Credited Service performed by the Participant after December 31, 2011 shall not be considered.” 
  

	 	3.	Section 3.2 of the Plan is amended in its entirety to read as follows: 

“3.2. Subsequent Participants. Subject to the provisions of Section 3.4 hereof, each other Employee who
is such on or after the Effective Date shall become a Participant as of the date he meets both of the following requirements: 
 (a) has a salary grade equal to or higher than the Minimum Salary Grade; and 
 (b) has attained age 50 or older. 
 For purposes of clarification, the Employee may
satisfy the requirement of Section 3.2(b) after December 31, 2011 and become a Participant if he satisfies all other requirements prior to such date, namely: initially an Employee prior to August 14, 2006; attained a salary grade at
least equal to the Minimum Salary Grade prior to March 1, 2008; and remains an Employee and maintains such a salary grade until attaining age 50.” 
  

	 	4.	Section 5.5 is added to the Plan, effective December 15, 2011, to read as follows: 

“5.5 Withholding Taxes. The Bank shall pay such amounts as come due under any Federal, state or local laws or
regulations such as the provisions of Sections 3121(v) and 3401(a) of the Code to the proper governmental agencies (i) with respect to the Participant’s share of FICA taxes attributable to his benefits under the Plan; (ii) income tax
withholding on the amount of the such taxes, and (iii) any withholding taxes attributable to the amounts of such withholding described in (i) and (ii) so that the Participant’s out of pocket payment of taxes is not increased
because of his participation in the Plan for a year in which no distribution of Plan Benefits is made (such payments described in (iii) being sometimes known as “gross-ups”). Further,

  
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with respect to actual distribution of Plan Benefits (other than those provided for in the immediately preceding sentence) the Bank shall make such provisions and take such action as it may deem
necessary or appropriate for the withholding of any taxes which the Bank is required by any law or regulation of any governmental authority, whether Federal, state or local, to withhold in connection with such payment. Any amounts paid by the Bank
pursuant to any provision of this Section shall be subtracted from the payment to such Participant or his Beneficiary of Ins Plan Benefit or death benefit.” 
  

	 	5.	Section 11,2 of the Plan is modified in its entirety to read as follows: 

“11.2 Minimum Benefit. Further, no Participant who was a participant in the SRP as of the day before the
Effective Date shall receive a Plan benefit which, when added to the plan benefit to which he is entitled under the Cap Excess Plan is of a lesser actuarial value than the Plan Benefits such Participant would have received under the SRP had the SRP
not been amended as of the Effective Date based on the lesser of his Final Average Salary as of the earlier of (i) the date of termination of his Credited Service, or (ii) the Effective Date, or her or his Final Average Salary as of
December 31, 2011 ” 
  

	 	6.	The second sentence of Section 11.4 of the Plan is amended to read as follows: 

“Further, the Bank may cease all further benefit accruals, and has done so, effective December 31, 2011.” 

 

	 	7.	Section 14.1(e) is added to the Plan to read as follows: 

 (e) Notwithstanding any provision of this Article XIV to the contrary, a Participant’s Credited Service performed after December 31, 2011, shall not be considered under the Plan in determining
his Target Amount or his Plan Benefit hereunder. Nonrecognition of a Participant’s Credited Service performed after December 31, 2011, shall not be deemed a termination of the Participant’s Credited Service for purposes of allowing a
distribution under the Plan. Notwithstanding the above, Years of Vesting Service performed after December 31, 2011, will be recognized by the Plan solely for purposes of satisfying the vesting requirements under Article IV of the Plan.”

  
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 IN WITNESS WHEREOF, the Committee and the Bank acting by the Bank’s duly
authorized officer, cause this amendment to be executed to be effective as herein provided. 
  

			
	PEOPLE’S UNITED BANK
		
	By:	 	 /s/ Robert. E. Trautmann

		 	Robert. E. Trautmann
		 	Senior Executive Vice President and General Counsel
		
	Date:	 	 12/23/11Exhibit 10.12(a)

 Exhibit 10.12(a) 
 SECOND AMENDMENT TO THE 
 PEOPLE’S UNITED BANK NONQUALIFIED SAVINGS
AND RETIREMENT PLAN 
 WHEREAS, People’s United Bank, a federally chartered savings bank (the “Bank”),
maintains the People’s United Bank Nonqualified Savings and Retirement Plan for a select group of management or highly compensated employees who meet certain qualifications (the “Plan”); and 

WHEREAS, the Bank has determined to amend the Plan to conform to amendments to the People’s United Bank Employees’
Retirement Plan, which plan will no longer recognize a member’s “credited service” performed after December 31, 2011 (with limited exception for vesting and early retirement eligibility) or changes to his “final average
pay” after that date; and 
 WHEREAS, the Bank has determined to amend the Plan to conform to amendments to the
People’s United Bank 401(k) Employee Savings Plan, which amendments to that plan (i) expanded eligibility for “employer retirement contributions” to include, for Plan years on and after January 1, 2012, employees whose
initial hire dates occurred before August 14, 2006, and (ii) eliminated for Plan Years on and after January 1, 2012, a provision for discretionary matching contributions; and 

WHEREAS, the Bank, by action of the Human Resources Committee has reserved the right to make amendments from time to time to the
Plan pursuant to Article XIII thereof; and 
 WHEREAS, the undersigned officer has been duly authorized to execute such
amendments. 
 NOW, THEREFORE, the Bank hereby amends the Plan as follows, effective January 1, 2012, except as
otherwise provided herein: 
  

	 	1.	Section 2.18 of the Plan, defining “Enhanced Benefit Contribution” is amended to add the following at the end thereof, effective for Plan Years beginning
on or after January 1, 2012: 

 “No Enhanced Benefit Contribution shall be made for any Plan Year
beginning after December 31, 2011.” 
  

	 	2.	Section 2.21 of the Plan defining “401(k) Maximum Discretionary Employer Contribution” is amended to add the following, at the end thereof effective for Plan
Years beginning on or after January 1, 2012: 

 “Notwithstanding the foregoing, no Discretionary Employer
Contribution shall be made to the Plan for any Plan Year beginning on or after January 1, 2012.” 
  

	 	3.	Section 3.4 of the Plan is amended to read as follows, effective for Plan Years beginning on or after January 1, 2012: 

“(a) On or after August 14, 2006, an employee of the Bank with a salary grade equal to or higher than the Minimum Salary Grade
who is not entitled after August 13, 2006 to accrue credited service under the Retirement Plan shall become a Participant with respect to, or, if the employee is already a Participant in the Plan, shall become eligible to receive, Restoration
Benefit Contributions in accordance with Section 4.6. 

 (b) For the avoidance of doubt, for the period beginning August 14, 2006 through
December 31, 2011 the terms of subsection (a) of this Section 3.4 are to be interpreted so that a Participant who is eligible to accrue a benefit under the Retirement Plan and who continues to accrue credited service thereunder will
not be eligible to receive Restoration Benefit Contributions under this Plan. 
 (c) For Plan Years beginning on and after
January 1, 2012, upon the cessation of benefit accruals under the People’s United Bank Employees’ Retirement Plan, the terms of subsection (a) of this Section 3.4 apply to all employees of the Bank who have a salary grade
equal to or higher than the Minimum Salary Grade (whether hired before, on or after August 14, 2006).” 
  

	 	4.	Section 3.5 of the Plan is amended to add the following at the end thereof effective for Plan Years beginning on or after January 1, 2012:

 “Effective for Plan Years beginning on or after January 1, 2012, Enhanced Benefit Contributions will
no longer be made to the Plan.” 
  

	 	5.	Section 4.5(a) of the Plan is deleted in its entirety and the following is substituted effective for Plan Years beginning on or after January 1, 2012:

 “(a) As soon as practicable at or after the end of each Plan Year the Bank shall determine for such Plan
Year for each Participant his Election Match Compensation and his 401(k) Maximum Basic Employer Contribution. In the case of a Participant whose employment terminates prior to the end of a Plan Year, the Bank shall determine the Election Match
Compensation and the 401(k) Maximum Basic Employer Contribution for such Participant for that portion of the Plan Year during which the Participant was employed, as soon as practicable at or after the date the Participant’s employment was
terminated.” 
  

	 	6.	Section 4.5(b) is amended by deleting therefrom the portion of the sentence that begins with the phrase “the lesser of” and substituting therefor the
following: 

 “the sum of (A) the lesser of (x) 4% of such Participant’s Basic Election Match
Compensation or (y) such Participant’s Participant contributions pursuant to this Article IV for such Plan Year with respect to his Basic Election Match Compensation, plus (B) the lesser of (x) 4% of such Participant’s STIP
Election Match Compensation or (y) such Participant’s Participant Contributions pursuant to this Article IV for such Plan Year with respect to his STIP Election Match Compensation; provided, however, that such matching contribution shall
not be less than zero. For purposes of this subsection (b), the term “Basic Election Match Compensation” means the Participant’s Election Match Compensation for the Plan Year excluding any STIP bonus actually received during such
year; and the term “STIP Election Match Compensation” means the Participant’s Election Match Compensation excluding his Basic Election Match Compensation.” 

  
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	 	7.	Section 4.5(c) of the Plan is amended to add the following at the end thereof effective for Plan Years beginning on or after January 1, 2012:

 “Notwithstanding the foregoing, no Discretionary Matching Employer Contribution shall be made to the Plan
for any Plan Year beginning on or after January 1, 2012.” 
  

	 	8.	Section 4.7(a) of the Plan is deleted in its entirety and the following is substituted therefor effective December 31, 2011: 

“(a) On and after August 14, 2006, through the Plan Year ended December 31, 2011, the Bank shall credit Enhanced Benefit
Contributions to the Deferral Account of each employee of the Bank with a salary grade equal to or higher than the Minimum Salary Grade who (i) was hired by the Bank after August 13, 2006, or (ii) first attained a salary grade equal
to or higher than the Minimum Salary Grade after March 1, 2008, provided, in both cases, the employee was actively employed by the Bank at the end of the applicable Plan Year. In order to be eligible to begin receiving Enhanced Benefit
Contributions, the Participant must have completed one “Year of Employer Retirement Contribution Eligibility Service” as defined under the 401(k) Plan and only Election Match Compensation received the first day of the month after
satisfaction of the service requirement was considered for that Plan Year. No Enhanced Benefit Contributions will be made for Plan Years beginning January 1, 2012, and after.” 

  
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 IN WITNESS WHEREOF, the Committee and the Bank, acting by its duly authorized
officer, hereby executes this amendment to be effective as herein provided. 
  

			
	PEOPLE’S UNITED BANK
		
	By:	 	 /s/ Robert. E. Trautmann

		 	 Robert. E. Trautmann
 Senior
Executive Vice President and General Counsel

		
	Date:	 	 12/23/11

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