Document:

Amedment No.1 to the Amended and Restated Unfunded Supplemental Benefit Plan

 
EXHIBIT 10.2

 
R. R. DONNELLEY & SONS COMPANY

 
APPROVAL 
 
BY 
VICE PRESIDENT, COMPENSATION AND EMPLOYEE BENEFITS 
 
ADOPTING 
 
AMENDMENT NUMBER ONE, 
 
to the 
JANUARY 1, 1989 Restatement 
of the 
 
R. R. DONNELLEY & SONS COMPANY 
UNFUNDED SUPPLEMENTAL BENEFIT PLAN 
 
Pursuant to Section 3.12 of the By-Laws of R. R. Donnelley & Sons Company (the “Company”) and authority delegated pursuant
thereto by the Human Resources Committee of the Board of Directors of the Company, the undersigned Vice President, Compensation and Employee Benefits (the “Vice President”) hereby adopts the document attached hereto entitled
“Amendment Number One to the January 1, 1989 Restatement of the R. R. Donnelley & Sons Company Unfunded Supplemental Benefit Plan.” 
 
Executed by the Vice President this 27 day of August, 1999. 
 
 

	
	

	 John J. McEnery
 Vice President, Compensation and Employee Benefits

 
 
 

R. R. DONNELLEY & SONS COMPANY 
 
AMENDMENT NUMBER ONE 
to the 
January 1, 1989 Restatement 
of the 
 
R. R. DONNELLEY & SONS COMPANY 
UNFUNDED SUPPLEMENTAL BENEFIT PLAN 
 
WHEREAS, R. R. Donnelley & Sons Company (the “Company”) maintains for the benefit of certain of its employees and certain
employees of its participating subsidiaries the R. R. Donnelley & Sons Company Unfunded Supplemental Benefit Plan (the “Plan”); 
 
WHEREAS, the Company desires to amend the Plan to liberalize the circumstances under which the Plan Administrator may direct that a Member
will receive a lump sum distribution of his benefit under the Plan; and 
 
WHEREAS, pursuant to Section 10 of the Plan, the Company has the right to amend the Plan. 
 
NOW, THEREFORE, pursuant to the power of amendment in Section 10 of the Plan, effective September 1, 1999, the Plan is hereby amended in
the following respects: 
 
1. The fourth sentence
of Section 8 is hereby amended in its entirety to read as follows: 
 
Notwithstanding the foregoing, in any case in which the aggregate lump sum Actuarial Equivalent of the Supplemental Retirement Benefit payable to or on behalf of a Member would be $10,000 or less (or
such other amount as the Plan Administrator shall determine) as of such Member’s Benefit Starting Date under the Qualified Plan, the Plan Administrator may, in his or her sole discretion, direct payment of such benefit in a lump sum.

 
2. The last sentence of Section 9 is hereby
amended by inserting the following clause at the end thereof: 
 
; provided, however, that if the lump sum Actuarial Equivalent of the supplemental survivor benefit is $10,000 or less (or such other amount as the Plan Administrator shall determine) as
of such commencement date, the Plan Administrator may, in his or her sole discretion direct payment of such benefit in the form of a lump sum.Amendment No. 2 to the Amended and Restated Unfunded Supplemental Benefit Plan

 
EXHIBIT 10.3

 
R. R. DONNELLEY & SONS COMPANY

 
APPROVAL 
 
BY 
VICE PRESIDENT, COMPENSATION AND EMPLOYEE BENEFITS 
 
ADOPTING 
 
AMENDMENT NUMBER TWO 
 
to the 
JANUARY 1, 1989 Restatement 
of the 
 
R. R. DONNELLEY & SONS COMPANY 
UNFUNDED SUPPLEMENTAL BENEFIT PLAN 
 
Pursuant to Section 3.12 of the By-Laws of R. R. Donnelley & Sons Company (the “Company”) and authority delegated pursuant
thereto by the Human Resources Committee of the Board of Directors of the Company, the undersigned Vice President, Compensation and Employee Benefits (the “Vice President”) hereby adopts the document attached hereto entitled
“Amendment Number Two to the January 1, 1989 Restatement of the R. R. Donnelley & Sons Company Unfunded Supplemental Benefit Plan.” 
 
Executed by the Vice President this 18 day of April, 2000. 
 
 

	
	

	 Jack McEnery
 Vice President, Compensation and Employee Benefits

 
 
 

R. R. DONNELLEY & SONS COMPANY 
 
AMENDMENT NUMBER TWO 
 
to the 
January 1, 1989 Restatement 
of the 
 
R.
R. DONNELLEY & SONS COMPANY 
UNFUNDED SUPPLEMENTAL BENEFIT PLAN 
 
Allowing Administrator to Determine Time and Form of Certain
Payments 
 
WHEREAS, R. R. Donnelley & Sons
Company (the “Company”) maintains for the benefit of certain of its employees and certain employees of its participating subsidiaries the R. R. Donnelley & Sons Company Unfunded Supplemental Benefit Plan (the “Plan”);

 
WHEREAS, the Company desires to amend the Plan
to liberalize the circumstances under which the Plan Administrator may direct that a Member will receive a lump sum distribution of his benefit under the Plan; and 
 
WHEREAS, pursuant to Section 10 of the Plan, the Company has the right to amend the Plan. 
 
NOW, THEREFORE, pursuant to the power of amendment in Section
10 of the Plan, effective March 1, 1999, the Plan is hereby amended in the following respects: 
 
1. The proviso in the first sentence of Section 8 is amended by adding the following parenthetical after the term “Member” where such term first appears in such proviso: 
 
(or a person treated as a Member pursuant to
the penultimate and the ultimate sentences of this Section 8) 
 
2. A new third sentence is added to Section 8 between the existing second and third sentences which reads as follows: 
 
In the case of a person who has not made an election (a deferred annuitant under the Qualified Plan or a person treated as
a deferred annuitant under the Qualified Plan pursuant to the penultimate and the ultimate sentences of this Section 8), the form of payment and commencement date of the Member’s benefit shall be determined by the Plan Administrator in his or
her sole discretion. 
 
3. The ultimate sentence of
Section 8 is hereby amended by deleting the word “not” where it appears therein and replacing it with “such person may or may not be”.Taylor Capital Group, Inc. Incentive Bonus Plan - Long Term Incentive Plan.

 
EXHIBIT 10.68

 
Taylor Capital Group, Inc.

 
Incentive Bonus Plan—Long Term
Incentive Plan 
 

	1.	 	Purpose: The Taylor Capital Group, Inc. (“TCG”) Long Term Incentive Plan (the “LTIP”) is intended to further the growth and
profitability of TCG by offering incentives which will attract and retain highly competent persons as officers and key employees of TCG and its designated subsidiaries (collectively, the “Company”). 

 

	2.	 	Participants: Participants will consist of such officers and key employees of the Company as the Compensation Committee of the Board of Directors of
TCG (the “Committee”) in its sole discretion determines to be significantly responsible for the success and future growth and profitability of the Company. Designation of a participant in any year shall not require the Committee to
designate such person to participate in any other year or, once designated, to receive the same targeted level of participation as any other participant or as in any other year. Annually, the Committee shall consider such factors as it deems
pertinent in selecting participants and in determining the amount, type and terms and conditions of their respective Awards. 

 

	3.	 	Performance Measurement Period: On an annual basis, the Performance Measurement(s) and the corresponding contribution schedule/formula for each fiscal
year of the Company (each, a “Measurement Period”) will be reviewed and approved by the Committee. This will occur by March 30 of each Measurement Period. The contribution schedule/formula for each Measurement Period will be provided to
participants annually by March 30. Notwithstanding anything to the contrary in this LTIP, the Performance Measurement(s) for any Measurement Period will be established by the Committee, in writing, utilizing any one or more of the performance
objectives described in Section 4(b) of the Incentive Bonus Plan. Following each such Measurement Period, the Committee shall certify in writing the extent to which the Performance Measurement(s) established for the relevant Measurement Period have
been satisfied. 

 

	4.	 	Annual Contribution: Annually, after taking into account the provisions listed below, an accrued contribution will be made to the LTIP. The accrued
contribution will be based upon the achievement of Performance Measurement(s), as discussed in Section 3. The actual results of the established Performance Measurement(s) in any given Performance Measurement Period may result in an accrued
contribution into the LTIP or an accrued reduction from the LTIP. 

 

	5.	 	Participant Accounting: Each participant will be awarded a number of units (“Plan Units”), which represent the participant’s interest in
the LTIP. 

 

	 	5.1	 	 The number of Plan Units awarded to an individual will typically not change from year to year. With the approval of the Committee, additional Plan Units can be
issued to current and new participants, and Plan Units will be forfeited 

	 	 
upon a participant’s termination of employment at the time, and in the manner provided in Section 7 hereof.

 

	 	5.2	 	The number of Plan Units awarded to a participant relative to the total number of outstanding Plan Units as of any relevant measurement date will be the basis for
the annual allocation of the accrued contribution made to the LTIP, as provided in Section 4 above. At the end of each Measurement Period and after the completion of the calculations outlined in Section 4 above, the total accrued contribution will
be used to calculate the change in Plan Unit value for the Measurement Period. 

 

	 	(a)	 	The change in Plan Unit value of the annual accrued contribution will be calculated as follows: 

 
Total Annual Accrued Contribution / Total
Plan Units 
 

	 	(b)	 	Persons who become participants and receive Plan Units during a Measurement Period will have their Plan Units included in the calculation of the change in Plan Unit
value for the accrued contribution only if they enter the LTIP on or before September 30 of the Measurement Period. Participant Plan Units included in the calculation will be pro-rated based on the number of months of participation.

 

	 	(c)	 	Except as noted in 5.2(d) below, a participant must be an active employee of the Company as of December 31 of the Measurement Period to have his or her Plan Units
included in the calculation of the change in Plan Unit value for accrued contribution. 

 

	 	(d)	 	Participants who retire at age 65 or older, become disabled, or die during any Measurement Period will have their Plan Units included in the calculation of the
change in Plan Unit value for the accrued contribution for the Measurement Period in which the event occurs. Participant Plan Units included in the calculation under this Section 5.2(d) will be pro-rated based on months of participation.

 

	 	5.3	 	Each participant will have an Account Balance, which will be updated annually. The Account Balance will be updated after the accrued contribution amount and
forfeitures are calculated, per Section 4, and after the calculation of the change in Plan Unit value is performed per Section 5.2. 

 

	 	(a)	 	If the accrued contribution results in a Plan Unit value increase, the participant’s Plan Units will be multiplied by the dollar change in Plan Unit value and
the resulting amount will be added to the participant’s Account Balance. 

 

	 	(b)	 	 If the accrued contribution results in a Plan Unit value decrease, the 

	 	    	 	participant’s Plan Units will be multiplied by the dollar change in Plan Unit value and the resulting amount will be subtracted from the participant’s
Account Balance. A participant’s Account Balance can be negative. 

 

	 	(c)	 	In order to have his/her Account Balance updated, a participant must satisfy the same rules as discussed in Section 5.2(b), (c), & (d), regarding the Plan Unit
value calculation. 

 

	6.	 	Distributions: Distributions will be processed by March 31 of each year (i.e., March 31, 2003 for the 2002 Measurement Period). Distributions will be
processed in a manner described below. 

 

	 	6.1	 	Payments will be 30% of the participant’s Account Balance after subtracting all previous distributions. 

 

	 	6.2	 	Distributions will begin after the participant has been an LTIP participant for three (3) Measurement Periods. 

 

	 	6.3	 	Distributions will not be processed if the value of the participant’s Account Balance, including changes as described in Sections 4 and 5, is less than $1,000
as of the end of the Measurement Period. 

 

	7.	 	Participant Termination: A participant whose employment is terminated will forfeit all Account Balances except as outlined in Section 7.1 and 7.2
below. 

 

	 	7.1	 	In the event of the participant’s termination of employment with the Company due to retirement at age 65 or older, Permanent Disability (as defined below), or
death, at any time during the term of this LTIP, 100% of the participant’s Account Balance outstanding on December 31 of the year in which such termination event occurs, after application of provisions in Section 4 and Section 5, shall be paid
at the subsequent and normal annual payment date as outlined in Section 6 herein. 

 

	 	    	 	“Permanent Disability” shall mean a participant’s inability to perform his or her stated duties with the Company by reason of illness, accident or
other incapacity and inability to engage in any occupation or employment for wage or profit for which he or she is reasonably qualified by education, training, or experience, as determined by the Company in its sole discretion.

 

	 	    	 	“Retirement” shall mean termination for any reason at or after age 65 other than death or disability. 

 

	 	7.2	 	 In the event of the participant’s termination of employment with the Company due to a position elimination, the participant will receive 0% of the
participant’s Account Balance value if the termination occurs in the first 

	 	 
year of plan participation, 25% of the participant’s Account Balance value if the termination occurs in the second year of plan
participation, 50% of the participant’s Account Balance if the termination occurs in the third year of plan participation, and 75% of the participant’s Account Balance value if the termination occurs in the fourth year of plan
participation or thereafter. Payments will be based on Account Balance value outstanding of December 31 of the year prior to such termination event, less distributions paid within the first quarter of the year in which such event occurs, and shall
be paid at the subsequent and normal annual payment date as established by the Committee, plus prorated interest if employee is a participant for four or more Measurement Periods. 

 

	8.	 	Earnings on Accrued Funds: Account Balances will be credited with interest using an interest rate index. Earnings will begin to accrue at the end of
the fourth year of participation. A year of participation is defined as the number of Measurement Periods an employee was eligible to receive a contribution, whether full or pro-rated. The rate of return for this accrual will be the average
composite yield on Corporate Bonds for the 4th quarter of the previous plan year and the 1st through 3rd quarter of the current plan year (i.e. for 2002 interest, the rate reflects October 2001 through September 2002). The rate of return will be applied annually to Account Balances outstanding at the end of the applicable
Measurement Period, including allocated changes, as outlined in Section 4 and Section 5, for the period then ended. 

 

	9.	 	Change of Control: In the event of a Change in Control, as defined in the Incentive Bonus Plan, 100% of Account Balances, as of the date of the event,
will be paid to participants within 30 days thereof. 

 

	10.	 	Other Provisions; Incentive Bonus Plan: Subject to the terms and conditions of the Incentive Bonus Plan, Awards under the LTIP may also be subject to
such other provisions (whether or not applicable to the Award granted to any other participant) as the Committee determines appropriate. The participant shall have no rights to any accrued Account Balances outside of the LTIP plan provisions. This
LTIP is subject to the terms and conditions of the Incentive Bonus Plan, and shall be considered a set of administrative rules under the Incentive Bonus Plan. This LTIP is to intended to provide performance-based incentive compensation that is not
subject to the deduction limitations contained in Section 162(m) of the Internal Revenue Code of 1986, as amended (the “Code”), and should be construed to the extent possible as providing for remuneration which is “performance-based
compensation” within the meaning of Section 162(m) of the Code and Treasury Regulations thereunder. Notwithstanding anything to the contrary in this LTIP or in the Incentive Bonus Plan, the Committee shall not have the right to exercise any
discretion under Section 4(d) of the Incentive Bonus Plan. 

 

	11.	 	Tenure: A participant’s right, if any, to continue to serve the Company as an officer, employee, or otherwise, shall not be enlarged or otherwise
affected by his or her designation as a participant under the LTIP, nor shall this LTIP in any way interfere with the right of the Company, subject to terms of any separate employment agreement to the contrary, at any time to terminate such
employment or to increase or decrease the compensation of the participant from the rate in existence at the time of the grant of an Award. 

 

	12.	 	Administration: The LTIP will be administered by the Committee under the administrative provisions of the Incentive Bonus Plan. The Committee is
authorized, subject to the provisions of this LTIP and the Incentive Bonus Plan, from time to time to establish such rules and regulations and make such interpretations and determinations as it may deem necessary or advisable for the proper
administration of the LTIP and the Incentive Bonus Plan, and all rules, regulations, interpretations and determinations shall be binding on all participants. All determinations and interpretations made by the Committee shall be binding and
conclusive on all participants and their legal representatives. No member of the Board, no member of the Committee and no employee of the Company shall be liable for any act or failure to act hereunder, by any other member or employee or by any
agent to whom duties in connection with the administration of this LTIP have been delegated or, except in circumstances involving his or her bad faith, gross negligence or fraud, for any act or failure to act by such member of the Board or employee.

 

	13.	 	Amendment and Termination: The LTIP is intended to continue until terminated by the Committee. The Committee may amend the LTIP from time to time or
terminate the LTIP at any time. Upon a termination of this LTIP by the Committee, Account Balances hereunder may continue to be distributed as outlined in Section 7 or, at the discretion of the Company, be paid in a lump sum at an earlier date.

 

	14.	 	Governing Law: This LTIP and actions taken in connection herewith shall be governed and construed in accordance with the laws of the State of Illinois
(regardless of the law that might otherwise govern under applicable Illinois principles of conflict of laws). 

 

	15.	 	Approval: The LTIP was originally adopted by the Taylor Capital Group, Inc. Compensation Committee on December 8, 1997. This LTIP was amended by the
Taylor Capital Group, Inc. Compensation Committee on June 20, 2002, at which time this LTIP became subject to the terms and conditions of the Incentive Bonus Plan.

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