Document:

Caremark Rx Inc. Supplemental Executive Retirement Plan

 Exhibit 10.10 
 CAREMARK RX, INC. 
 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN 
 Caremark Rx, Inc. (the “Company”) hereby adopts the Caremark Supplemental Executive Retirement Plan (the “Plan”). The primary
purpose of the Plan is to provide supplemental retirement benefits to a select group of the Company’s executive employees and their dependents. 
 ARTICLE 1 
 Definitions 
 For the purpose of this Plan, unless the context requires otherwise, the following words and phrases shall have the meanings indicated below: 
 1.1 Accrued Benefit means a monthly benefit payment equal in amount to sixty percent (60%) of a Participant’s Final Average Compensation. 
 1.2 Board means the Board of Directors of the Company. 
 1.3 Cause means, with respect to any Participant who is covered by an employment agreement executed between such Participant and the Company (or one of its subsidiaries) in which the term is so defined in the
employment agreement, the definition of “Cause” set forth in the Participant’s employment agreement. Notwithstanding the foregoing, with respect to any other Participant, the term “Cause” shall mean (i) fraud against
the Company or any of its subsidiaries; (ii) material failure or any refusal to implement or undertake the directives of the Board or of senior management of the Company; (iii) engaging in conduct that causes material injury, monetary or
otherwise, to the Company or its subsidiaries, that reflects adversely on the Company or its subsidiaries or that affects the Participant’s ability to perform his or her duties hereunder; (iv) arrest for, indictment for or being formally
charged with, the commission of a felony or commission of a crime, whether or not a felony, involving the Participant’s duties for the Company or its subsidiaries or that may reflect unfavorably on the Company or its subsidiaries or bring the
Participant into public disrepute or scandal; (v) violation of federal, state or local tax laws; (vi) dependence on alcohol or drugs without the supervision of a physician or the illegal use, possession or sale of drugs; (vii) theft,
misappropriation, embezzlement or conversion of the assets or opportunities of the Company or its subsidiaries; or (viii) a material violation of Company policies. 
 1.4 Change in Control means: (i) the acquisition, whether by open market or private purchase, tender offer or any other means, by any individual, entity or group (within the meaning of
Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), (hereafter a “Person”) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act)
of 20% or more of either (A) the then outstanding shares of common stock of the Company (the “Outstanding Common Stock”) or (B) the combined voting power of the then outstanding voting securities of the Company entitled to vote
generally in the election of directors (the “Outstanding Voting Securities”); provided, that for purposes of this subsection (i), the following acquisitions shall not constitute a Change in Control: (1) any acquisition by one or more
underwritten directly from the Company pursuant to a firm commitment underwritten offering to the public of shares of common stock, (2) any acquisition by the Company, provided that immediately following such acquisition no person other than
the Company or a subsidiary of the Company is such a 20% beneficial owner, (3) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any corporation controlled by the Company, provided that
immediately following such acquisition no person other than any such benefit plan (or related trust) is such a 20% beneficial owner, or (4) any acquisition by any corporation pursuant to a transaction which complies with clauses (1),
(2) and (3) of subsection (iii) below; (ii) cessation, for any reason, of the individuals who constitute the Board as of the Effective Date of the Plan (the “Incumbent Board”) to constitute at least a majority of the
Board; provided, that any individual becoming a director subsequent to the date hereof 

 
whose election, or nomination for election by the Company’s stockholders, was approved by a vote of at least a majority of the directors then comprising
the Incumbent Board shall be considered as though such individual was a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election
contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board; (iii) consummation of a reorganization, merger or consolidation of
the Company or sale or other disposition of all or substantially all of the assets of the Company (a “Business Combination”), in such case, unless, following such Business Combination, (1) all or substantially all of the individuals
and entities who were the beneficial owners, respectively, of the Outstanding Common Stock and Outstanding Voting Securities immediately prior to such Business Combination beneficially own, directly or indirectly, more than 50% of, respectively, the
then outstanding shares of common stock and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Business Combination
(including, without limitation, a corporation which as a result of such transaction owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) in substantially the same proportions
as their ownership, immediately prior to such Business Combination of the Outstanding Common Stock and Outstanding Voting Securities as the case may be, (2) no party (excluding any corporation resulting from such Business Combination or any
employee benefit plan (or related trust) of the Company or such corporation resulting from such Business Combination) beneficially owns, directly or indirectly, 20% or more of, respectively, the then outstanding shares of common stock of the
corporation resulting from such Business Combination or the combined voting power of the then outstanding voting securities of such corporation except to the extent that such ownership existed prior to the Business Combination, and (3) at least
a majority of the members of the board of directors of the corporation resulting from such Business Combination were members of the Board at the time of the execution of the initial agreement or of the action of the Board, providing for such
Business Combination; (iv) approval by the stockholders of the Company of a complete liquidation or dissolution of the Company; (v) the making of a recommendation by the Board, pursuant of Rule 14e-2 under the Exchange Act or
otherwise, in connection with a tender offer pursuant to which any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act) seeks to obtain beneficial ownership (within the meaning of
Rule 13(d)-3 under the Exchange Act) of 20% or more of either the Outstanding Common Stock or the Outstanding Voting Securities, other than a recommendation that the holders of shares of such securities (1) not accept the offer and
(2) not tender Outstanding Common Stock or Outstanding Voting Securities; or (vi) any other event that constitutes a “change in control” under the Caremark Rx. Inc. 1992 Stock Incentive Plan or the Caremark Rx, Inc.
1997 Stock Incentive Plan. 
 1.5 Code means the Internal Revenue Code of 1986, as amended, or any successor statute. 
 1.6 Committee means the Compensation Committee of the Board. 
 1.7 Disability Date means the first day of the first month that coincides with, or immediately follows, the date on which a Disabled Participant’s employment with the Company is terminated. 
 1.8 Disabled Participant means a Participant who makes an application for or is otherwise eligible for disability benefits under any
Company-sponsored long-term disability program and who qualifies for such benefits. In the absence of a Company-sponsored long-term disability program covering a Participant, the Participant shall be treated as a Disabled Participant if the
Committee, acting in its sole discretion, determines that the Participant will be unable to perform his duties under this Agreement for at least 180 consecutive days (or such other period as specified in any Participant’s employment agreement)
due to a physical or mental condition. 
  

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 1.9 Employee means an individual who is an employee of the Company or of a subsidiary thereof
(i) who has a high level of operational, policy or professional responsibilities, (ii) who is so designated by Committee and (iii) whose status as such has not been terminated by the Committee. 
 1.10 ERISA means the Employee Retirement Income Security Act of 1974, as amended. 
 1.11 Final Average Compensation means the highest average monthly base salary paid by the Company to a Participant during any
consecutive thirty-six (36) month period during the 72 calendar months immediately preceding the date of the termination of the Participant’s employment with the Company. 
 1.12 Months of Vesting Service means as to each Participant the number of calendar months during which such Participant is eligible to
participate in the Plan, beginning with the calendar month in which such Participant first becomes eligible to participate in the Plan. In the event that a Participant commences participation to the Plan either on the Effective Date, as defined in
Section 12.9 hereof, or on any other date other than the first date of a calendar month, then the Participant shall be credited with a Month of Vesting Service with respect to the calendar month in which his or her participation in the Plan
commences. A Participant shall be credited with a Month of Vesting Service with respect to the calendar month in which the Participant’s participation in the Plan ceases for any reason. Notwithstanding the foregoing, a Participant shall be
credited under the Plan with an additional forty eight (48) Months of Vesting Service upon the occurrence of either of the following events: 1) a Disabled Participant reaching his or her Disability Date, 2) a Change in Control;
provided, that such an additional credit shall only be provided once to any Participant. 
 1.13 Normal Retirement
Date means the first day of the first month that coincides with, or immediately follows, the date on which a Participant reaches age sixty (60). 
 1.14 Participant means an Employee or a former Employee who is receiving or is eligible to receive any benefit under this Plan. 
 1.15 Plan Administrator means the Committee. 
 1.16 Plan Year means the calendar year. 
 1.17 Retirement Date means the
first day of the first month that coincides with, or immediately follows, the date on which a Participant’s active and full-time employment is terminated. 
 1.18 Spouse means the individual who as of any day is a Participant’s lawful spouse and is not legally separated from such Participant under a final decree of divorce or separate maintenance.

 1.19 Vested Percentage means the percentage amount shown under the following schedule that corresponds to the
Participant’s completed Months of Vesting Service on the date his or her status as an Employee terminates: 
  

				
	 Months of Vesting Service
	  	Applicable
Percentage	 
	 12 Months
	  	10	%
	 24 Months
	  	30	%
	 36 Months
	  	60	%
	 48 Months
	  	100	%

 A Participant shall be credited with an incremental increase in the Participant’s Vested Percentage between
the 12 month, 24 month, 36 month and 48 month thresholds set forth above for each Month of Vesting Service earned, and such incremental increase shall be determined on the basis of a straight line interpolation determined by
dividing the aggregate incremental increase in Vested Percentage between the thresholds by 12. Notwithstanding any provisions hereof to the contrary, a Participant will become 100% vested in all benefits payable on his or her behalf under the Plan
upon the event of his or her death before the Participant’s Retirement Date. 
  

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 ARTICLE 2 
 Retirement Benefit 
 A Participant shall receive a monthly retirement benefit that shall commence as of the
Participant’s Retirement Date and that shall continue as of the first day of each month thereafter during the Participant’s remaining lifetime. Except to the extent provided in Article 5, the amount of each monthly retirement benefit
payable to a Participant with a Retirement Date on or after the Participant’s Normal Retirement Date shall be equal to the Participant’s Accrued Benefit multiplied by the applicable Vested Percentage as of the date of termination of
employment. With the exception of any Participant who retires on his or her Disability Date and whose benefit payment is determined under Article 3, the monthly retirement benefit of a Participant that commences as of a date before the
Participant’s Normal Retirement Date shall be equal to the Participant’s Accrued Benefit multiplied by the applicable Vested Percentage as of the date of termination of employment, and then reduced by 1/96 for each full calendar month
between the date on which the Participant’s retirement benefit commences and the Participant’s Normal Retirement Date; provided, that there shall be no reduction to the Participant’s monthly retirement benefit hereunder if such
benefit becomes payable to a Participant after an event that constitutes a Change in Control. Notwithstanding any provisions of the Plan to the contrary, if the employment of a Participant is terminated by the Company for Cause, as that term is
defined in Section 1.3 hereof, then the Participant shall not be entitled to the payment of a retirement benefit under the Plan. 
 ARTICLE 3 
 Disability Benefit 
 A Disabled Participant shall receive a monthly retirement benefit that shall commence as of the Participant’s Disability Date and that shall continue as of the first day of each month thereafter during the Participant’s remaining
lifetime. Except to the extent provided in Article 5, the amount of each monthly retirement benefit payable to a Participant under this Article 3 shall be equal to the Participant’s Accrued Benefit multiplied by the applicable Vested
Percentage as of the date of termination of employment. The monthly retirement benefit payable under this Article 3 shall not be reduced in the event that payment of the benefit commences before the Participant’s Normal Retirement Date.

 ARTICLE 4 
 Pre-Retirement
Death Benefit 
 If a Participant dies while an active Employee of the Company, then in lieu of any other benefits that might otherwise be
payable under this Plan, his or her Spouse, if the Spouse survives the Participant, shall receive a lump sum cash payment equal to the product of the Participant’s Final Average Compensation as of the date of death multiplied by five (5).

 ARTICLE 5 
 Alternative Benefit
Payment Forms 
 A Participant or Disabled Participant who is eligible for the payment of a Plan benefit under Article 2 or
Article 3, as appropriate, shall have the right to request the payment of such benefit in one of the alternative benefit payment forms described in this Article 5, and, in the event the Committee approves his or her request, the benefit
shall be paid to the Participant or Disabled Participant in that 

  

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form. An alternative benefit payment form, if approved by the Committee, shall commence as of the same date the monthly retirement benefit otherwise would
have commenced pursuant to the provisions of Article 2 or 3, as appropriate. A Participant or Disabled Participant may request that his or her benefit be paid in the form of a joint and survivor annuity with either a 50%, 662/3% or 100% benefit for the survivor, which is the actuarial equivalent of the benefit described in either Article 2 or 3, as appropriate, and which is
payable in monthly installments for the life of a Participant or Disabled Participant and thereafter for the life of his or her Spouse, if the Spouse survives, where (1) the identity of such Spouse shall be established on the date of which
benefit payments first are scheduled to commence under this form to the Participant or Disabled Participant and thereafter shall not be changed for any reason whatsoever, and (2) the amount of the monthly benefit payable to such surviving
Spouse at the death of the Participant or Disabled Participant shall equal the applicable percentage, as elected, of the monthly benefit that was payable to the Participant the Participant during his or her lifetime. A Participant or Disabled
Participant alternatively may request that his or her benefit to be paid in the form of a series of six (6) annual installment payments, with the first installment due on the same date the monthly retirement benefit otherwise would have
commenced pursuant to the provisions of Article 2 or 3, as appropriate. The installment benefit payment form will be paid on a level amortization basis, including principal and interest, and interest will accrue at the rate of seven percent
(7%) on any unpaid balance related to the installment payments. A request by a Participant or Disabled Participant for the payment of his or her Plan benefit in one of the alternative forms set forth in this Article 5 shall be made in
writing and shall be filed before the date as of which his or her benefit payments are scheduled to commence under this Plan. The methodology to determine actuarial equivalency under this Article 5 shall be determined by the Committee in the
exercise of its sole discretion. 
 ARTICLE 6 
 Source of Records and Benefit Payments 
 6.1 Records. All records relating to the accrual
and disbursement of benefits to, or on behalf of, Participants under this Plan shall be maintained by the Committee. 
 6.2 Participant List. The Committee shall at all times maintain a current list of all Participants, and of all other persons receiving benefits, and said list shall contain such other information as the Committee shall deem
appropriate. 
 6.3 Source of Benefit Payments. Any person who claims a benefit under this Plan shall look solely to the
general assets of the Company. Such person’s interest in such assets as a result of such claim shall in no matter whatsoever be superior or senior to the claim of any other general and unsecured creditor of the Company, and in no event
whatsoever shall any other person whomsoever be liable to pay such benefits. 
 ARTICLE 7 
 Funding 
 In the event of a Change in
Control, as defined in Section 1.4 hereof, the Company shall, as soon as reasonably practicable after the date the Change in Control occurs, but not later than thirty (30) days after such date, establish an irrevocable trust, which trust
shall remain subject to the rights of the creditors of the Company in the event of the Company’s insolvency, if such a trust has not already been established by the Company, and shall make a contribution to such trust in an amount to ensure
that the fair market value of the trust corpus, including any contributions previously made to the trust by the Company, equals the present value of the aggregate benefits accrued under the Plan, calculated by the Committee in the exercise of its
sole discretion, as of date on which the Change in Control occurs. Notwithstanding the foregoing, the Company shall not be obligated to establish a trust under this Article 7 and to make any contributions thereto if such actions would result in
the current receipt of taxable income by any Participant. 
  

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 ARTICLE 8 
 Special Provisions 
 8.1 Forfeiture of Plan Benefit. A Participant or Disabled Participant
who violates the terms of any restrictive covenants, including but not limited to non-compete and non-solicitation covenants, applicable to such Participant or Disabled Participant as a result of a period of employment or a period of service as a
consultant with respect to the Company (or it subsidiaries) shall forfeit the payment of any benefits otherwise payable thereto under the Plan. 
 8.2 Application of Benefits. Notwithstanding anything to the contrary contained in this Plan, any benefits payable under the Plan shall become payable only after the Participant, Disabled Participant or a Spouse, as the
case may be, has made an application with the Committee for such benefit on a form prepared by or on behalf of the Committee for this purpose. In the event any benefit becomes payable under this Plan and no application therefor has been filed by any
such person within two (2) years from the date such benefit becomes payable, such benefit shall be forfeited. If an application has been filed for the payment of a benefit and the Committee is unable through reasonable efforts to locate the
person legally entitled to receive such benefit within two (2) years of the date such benefit first becomes payable under the Plan, then such benefit also shall be forfeited. 
 ARTICLE 9 
 Welfare Benefits Coverage 
 With respect to any Participant who is designated by the Committee as entitled to the benefits described in this Article 9, the Company shall
provide continuation of health care, dental and pharmacy coverage for the Participant and his or her dependants on terms and conditions substantially similar to those provided to executive employees of the Company from time to time, which coverage
shall terminate as of the date of such Participant’s death. The Company reserves the right to amend or terminate its health care coverage, and each Participant entitled to benefits under this Article 9 shall be affected by any such
amendment or termination in substantially the same fashion as executive employees of the Company are so affected. Notwithstanding the foregoing, nothing in this Plan shall be interpreted to require the Company to provide to any Participant tax
treatment relating to health care coverage that is substantially similar to the tax treatment provided by the Company to its executive employees. 
 ARTICLE 10 
 Functions of the Committee 
 10.1 General. The Committee shall be the Named Fiduciary for the Plan. A member of the Committee may be a Participant but, in such case, a claim submitted by one member of the Committee as a
Participant or Disabled Participant shall be reviewed by one or more other members of the Committee. 
 The Company shall indemnify each
member of the Committee for any liability, assessment, loss, expense or other cost of any kind or description whatsoever, including legal fees and expenses, actually incurred by a member on account of any action or proceeding, actual or threatened,
that arise as a result of being a member of the Committee or as a result of any actions or inactions of any member(s) of the Committee. 
  

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 10.2 Powers. The Committee shall have control over the administration of the Plan, with
all powers necessary to enable it properly to carry out its duties in this respect, including without limitation, the designation of Employees as Participants, including eligibility for benefits under Article 9, and the power to waive any
conditions or limitations stated in the Plan whenever the Committee, acting in its absolute discretion, deems such a waiver to be appropriate under the circumstances. The Committee may appoint in writing such agents as it may deem necessary for the
effective performance of its duties, and may delegate to such agents those powers and duties, whether ministerial or discretionary, that it deems expedient or appropriate. In the event that any agent so appointed is not an employee of the Company,
such agent’s compensation shall be fixed by the Committee and shall be paid by the Company. 
 ARTICLE 11 
 Amendment and Termination 
 11.1 Amendment. This Plan may be amended in any respect and at any time by the Board in the exercise of its sole discretion. Any such amendment automatically shall be binding on each Participant, provided, that no such
amendment may reduce the level of non-forfeitable benefit accrued by a Participant under the Plan as of the date the amendment is adopted. 
 11.2 Termination. The Board reserves the right to terminate the Plan at any time and to cease the accrual and/or vesting of benefits thereunder; provided, that no such termination may reduce the level of non-forfeitable
benefits accrued by a Participant under the Plan as of the date the termination is effective. 
 ARTICLE 12 
 Miscellaneous 
 12.1 Headings. The headings and subheadings in the Plan have been inserted for convenience of reference only and are to be ignored in any construction of the Plan provisions. 
 12.2 Construction. In the construction of the Plan, the singular shall include the plural in all cases in which such meaning would be
appropriate. This Plan shall be construed in accordance with the laws of the State of Alabama. 
 12.3 Agent for Service of
Process. The agent for service of process for the Plan shall be the person currently listed in the records of the Secretary of State of Alabama as the agent for service of process for the Company. 
 12.4 Plan Administrator. The Committee shall be the Plan Administrator of the Plan for purposes of compliance with the ERISA reporting
and disclosure requirements. 
 12.5 No Assignment by Participants. The benefits provided under this Plan may not be
alienated, encumbered or assigned by a Participant, Disabled Participant or Spouse. 
 12.6 Successors and Assigns to the
Company. The rights and obligations of the Company under this Plan shall be binding on and inure to the benefit of the Company, its successors and permitted assigns. 
 12.7 Effect of Plan. This Plan shall not constitute a contract of employment for any definite term and shall not affect or impair the
right of either party to terminate the employment relationship at any time. 
 12.8 Legal Competency. The Committee may, in
its discretion, make payment either directly to an incompetent or disabled person, whether because of minority or mental or physical disability, or to the guardian of such person, or to the person having custody of such person, without further
liability on the part of the Company, the Committee, or any person, for the amounts of such payment to the person on whose account such payment is made. 
 12.9 Effective Date. The effective date of the Plan shall be November 12, 2002. 
  

 7Caremark Rx Inc. Special Retirement Plan

 Exhibit 10.11 
 CAREMARK RX, INC. 
 SPECIAL RETIREMENT PLAN 
 Caremark Rx, Inc. (the “Company”) hereby adopts the Caremark Rx, Inc. Special Retirement Plan (the “Plan”). The primary purpose of the Plan is to
provide supplemental non-qualified retirement benefits to a select group of the Company’s executive employees and their dependents. 
  

	1.	Definitions  

 For the purpose of this Plan, unless
the context requires otherwise, the following words and phrases shall have the meanings indicated below: 
  

	 	1.	Accrued Benefit — means an annual benefit payment equal in amount to 2.5% of a Participant’s Final Average Compensation multiplied by his or her Years of Service,
and that is payable over a maximum ten (10) year period. For purposes of calculating each Participant’s Accrued Benefit, no more than 20 Years of Service will be taken into account. 

  

	 	2.	Beneficiary — means the individual so designated by the Participant on forms provided or accepted by the Committee to receive any remaining benefits to which the
Participant is entitled under this Plan subsequent to the Participant’s death. If a Participant is married on the date on which he completes his or her designation form, the Participant must designate his or her Spouse as Beneficiary, unless
the Spouse consents in writing to the selection of another Beneficiary or unless the Spouse is missing and the Participant affirms in writing that he or she has made reasonable attempts to locate such Spouse and has been unable to (these
requirements termed the “Spousal Consent Requirements”). Any Participant may, at any time, revoke or change his or her Beneficiary designation by filing a new designation form, provided that he or she complies with the Spousal Consent
Requirements at the time of such revocation or change. 

 If no Beneficiary designation is made or if no named Beneficiary
survives the Participant, then the Participant’s Beneficiary shall be the Participant’s Spouse on the date of his or her death, unless the Participant does not have a Spouse at the date of his or her death, in which case there will be no
Beneficiary entitled to any benefits under this Plan upon the death of the Participant. 

	 	3.	Cause — means, with respect to any Participant who is covered by an employment agreement executed between such Participant and the Company (or one of its subsidiaries)
in which the term is so defined in the employment agreement, the definition of “Cause” set forth in the Participant’s employment agreement. Notwithstanding the foregoing, with respect to any other Participant, the term
“Cause” shall mean (i) a conviction by a court of competent jurisdiction of a felony; (ii) a refusal, failure or neglect to perform duties in a manner that is materially detrimental to the business or reputation of the Company;
(iii) the engagement in illegal, unethical or other wrongful conduct that is materially detrimental to the business or reputation of the Company; or (iv) the development or pursuit of interests materially adverse to the Company. With
respect to clauses (ii) and (iv) of this Section 1.3, “Cause” shall only exist if the Company has given the Participant thirty (30) days prior written notice of and opportunity to cure any conduct or deficiency in
performance by the Participant that the Company believes constitutes “Cause” under this Section 1.3 and the Participant has not cured such non-compliant conduct or performance during such notice period. Notwithstanding the foregoing,
there will be no thirty (30) day prior notice requirement on the part of the Company or opportunity to cure under clauses (ii) or (iv) of this Section 1.3 if the Company reasonably determines that such non-compliant conduct or
performance cannot be satisfactorily cured. 

  

	 	4.	Change in Control — means, with respect to any Participant who is covered by an employment agreement executed between such Participant and the Company (or one of its
subsidiaries) in which the term is so defined in the employment agreement, the definition of “Change in Control” set forth in the Participant’s employment agreement. Notwithstanding the foregoing, with respect to any other
Participant, the term “Change in Control” shall have the same meaning as ascribed thereto in the Caremark Rx, Inc. 2004 Incentive Stock Plan, as amended. 

  

	 	5.	Code—means the Internal Revenue Code of 1986, as amended, or any successor statute. 

  

	 	6.	Committee—means the Compensation Committee of the Board of Directors of the Company. 

  

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	 	7.	Disabled Participant—means a Participant who makes an application for or is otherwise eligible for disability benefits under any Company-sponsored long-term disability
program and who qualifies for such benefits. In the absence of a Company-sponsored long-term disability program covering a Participant, the Participant shall be treated as a Disabled Participant if the Committee, acting in its sole discretion,
determines that the Participant will be unable to perform his or her employment duties for at least one-hundred eighty (180) consecutive days (or such other period as specified in any Participant’s employment agreement) due to a physical
or mental condition. 

  

	 	8.	Employee—means an individual who is an executive employee of the Company or of a subsidiary. 

  

	 	9.	ERISA—means the Employee Retirement Income Security Act of 1974, as amended. 

  

	 	10.	Final Average Compensation — means the average annual base salary paid by the Company to a Participant during the most recent consecutive thirty-six (36) month
period immediately preceding the Retirement Date. 

  

	 	11.	Participant—means an Employee who is designated by the Committee as eligible to participate in the Plan and who is receiving or is eligible to receive any benefit under
this Plan. 

  

	 	12.	Plan Administrator—means the Company’s Executive Vice President of Administration and Services or any other person or persons designated as Plan Administrator by
the Committee. 

  

	 	13.	Plan Year—means the calendar year. 

  

	 	14.	Retirement Date — means the first day of the first month that coincides with, or immediately follows, the date on which a Participant’s active and full-time
employment is terminated. 

  

	 	15.	Specified Employee—means any Participant who is designated as a “specified employee,” as that term is defined in Code Section 409A(a)(2)(B)(i).

  

	 	16.	Spouse — means the individual who as of any day is a Participant’s lawful spouse and is not legally separated from such Participant under a final decree of divorce
or separate maintenance. 

  

	 	17.	Successor Employer — means the surviving corporation or entity following a Change in Control. 

  

	 	18.	Years of Service — means, as to each Participant, the number of full twelve (12) month periods during which such Participant was employed with the Company or with
one of its subsidiaries (including employment service with any such entity before it becomes a subsidiary of the Company); provided, that the number of Years of Service that shall be taken into account for any purposes under the Plan shall not
include any Years of Service during which a Participant is a Disabled Participant. 

  

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	2.	Retirement Benefit  

 Subject to Section 8.4, a
Participant who retires from the Company shall receive a benefit paid out on a monthly basis over a ten (10) year period. Except as provided in Article 8, the first monthly installment shall commence as of the Participant’s Retirement Date
and each remaining installment shall be paid as of the first day of each month thereafter. The amount of each monthly installment payable to a Participant who retires on or after the date the Participant attains age sixty (60) shall be equal to
one-twelfth (1/12) of the Participant’s Accrued Benefit as of the Participant’s date of retirement. The amount of each monthly installment payable to a Participant that retires before the date the Participant attains age sixty
(60) shall be equal to one-twelfth (1/12) of the Participant’s Accrued Benefit as of the date of retirement, with each monthly payment reduced by one-half percent (0.5%) for each full month between the date benefits commence and the
date the Participant will attain age sixty (60). 
 The provision of this Article 2 shall not be applicable to any Participant who becomes
entitled to the payment of a benefit under the Plan in accordance with the provisions of Article 3 or Article 4 of the Plan. 
  

	3.	Disability Benefit  

 A Disabled Participant shall
receive a benefit paid out on a monthly basis over a ten (10) year period as provided herein, with the first monthly installment commencing as of the date the Participant attains age 60, and each remaining installment shall be paid as of the
first day of each month thereafter. The amount of each installment payable to such a Disabled Participant shall be equal to one-twelfth (1/12) of the Participant’s Accrued Benefit as of the date the Disabled Participant’s period of
disability commenced. 
  

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 An individual who ceases to be a Disabled Participant prior to attaining age 60 and who subsequently
resumes employment with the Company may continue to qualify for benefits under Article 2 of the Plan. All other Disabled Participants only shall be eligible for payment of benefits under this Article 3. 
  

	4.	Change in Control Benefit  

 Upon a Change in
Control, and subject to Section 8.4 and the rest of this Article 4, a Participant shall be eligible to receive a benefit payable in monthly installments over a ten (10) year period after the earlier of the date (i) he or she turns
sixty (60) or (ii) he or she turns age fifty-eight (58) and has completed at least fifteen (15) Years of Service. The amount of each monthly installment payable to a Participant shall be determined in accordance with Article 2.

 Notwithstanding Section 8.4, during the first 6 months following a Change in Control, a Participant may provide Successor Employer
with a written request that Successor Employer acknowledge and confirm in writing that Participant will receive his or her Accrued Benefit as set forth in the Plan as in effect upon the occurrence of the Change in Control or a non-qualified
retirement benefit at least comparable in value to the Accrued Benefit determined as of the date of the Change in Control. Notwithstanding any provisions of the Plan to the contrary, if Successor Employer fails to timely provide such written
confirmation within 60 days of receipt of Participant’s written request, then he or she shall be deemed to have met the continuous employment requirement under Section 8.4. 
  

 5 

 Notwithstanding any provision of the Plan to the contrary, if Successor Employer terminates
Participant’s employment prior to the end of the 6-month period following a Change in Control, then he or she shall be deemed to have met the continuous employment requirement under Section 8.4. 
 Notwithstanding any provisions of the Plan to the contrary, if the employment of a Participant is terminated by the Company for Cause, as that term is
defined in Section 1.3 hereof, then the Participant shall not be entitled to the payment of a retirement benefit under the Plan. 
 If a
benefit is paid out under this Article 4 to a Participant, then he or she shall not be eligible for any other benefits under this Plan. 
  

	5.	Death Benefit  

 If a Participant dies while an
active Employee of the Company and before receipt of any benefits under this Plan, then in lieu of any other benefits that might otherwise be payable under this Plan, his or her Beneficiary, if any, shall be entitled to receive a benefit payable
over a ten (10) year period commencing as of the first day of the month following the date the Participant would have reached age 60. Such benefit will be paid on a monthly basis and each monthly benefit will be equal to one-twelfth
(1/12) of the Participant’s Accrued Benefit as of his or her date of death. All remaining payments due to a Beneficiary, if any, shall cease upon the Beneficiary’s death. 
  

 6 

	6.	Post-Retirement Death Benefit  

 If a Participant
dies on or after the date benefits commence under this Plan, all remaining installments due to him or her after his or her date of death will be paid as soon as administratively practicable to his or her Beneficiary, if any, in a lump sum cash
distribution equal to the present value of such remaining installments as of the date of payment. The present value of the lump sum benefit shall be determined by the Committee based on the average 10 (ten) year Treasury constant maturity rate over
the immediate 12 (twelve) month period before any such payment is to be made. 
  

	7.	Source of Records and Benefit Payments  

  

	 	1.	Records. All records relating to the accrual and disbursement of benefits to, or on behalf of, Participants under this Plan shall be maintained by the Plan Administrator.

  

	 	2.	Participant List. The Plan Administrator shall at all times maintain a current list of all Participants, and of all other persons receiving benefits, and said list shall
contain such other information as the Plan Administrator shall deem appropriate. 

  

	 	3.	Source of Benefit Payments. Any person who claims a benefit under this Plan shall look solely to the general assets of the Company. Such person’s interest in such assets
as a result of such claim shall in no matter whatsoever be superior or senior to the claim of any other general and unsecured creditor of the Company, and in no event whatsoever shall any other person whomsoever be liable to pay such benefits.

  

	8.	Special Provisions  

  

	 	1.	Forfeiture of Plan Benefit. A Participant who violates the terms of any restrictive covenants, including but not limited to non-compete and non-solicitation covenants,
applicable to such Participant as a result of a period of employment or a period of service as a consultant with respect to the Company (or its subsidiaries) shall forfeit the payment of any benefits otherwise payable thereto under the Plan.

  

 7 

	 	2.	Delay in Payments to Specified Employees. The first installment due to be made under the Plan to a Participant who is a Specified Employee shall not commence earlier than the
first day of the seventh month following the day the Specified Employee retires (or, if earlier, the date of death of the Specified Employee). All remaining payments will be paid as of the first day of each month thereafter.

  

	 	3.	Compliance with Code Section 409A. This Plan shall be operated and interpreted in accordance with Code Section 409A, any regulations promulgated thereunder or any
other applicable guidance. 

  

	 	4.	Continuous Employment. Notwithstanding any provision herein to the contrary, no benefit will be payable under this Plan unless a Participant is continuously employed with the
Company through the earliest of: (i) the date on which he or she becomes a Disabled Participant, (ii) his or her Retirement Date at any time after attaining age fifty-eight (58) and completing at least fifteen (15) or more Years
of Service or (iii) the date on which the Participant is deemed to meet the continuous employment requirement as provided under Article 4. 

  

	 	5.	Continuous Accruals. Upon a Change in Control, a Participant shall continue to accrue Years of Service for purposes of determining his or her Accrued Benefit under the Plan,
subject to the 20-year cap. Notwithstanding the foregoing, any Participant who commences distribution of benefits under this Plan no longer shall accrue any Accrued Benefit hereunder. 

  

	9.	Functions of the Committee  

  

	 	1.	General. The Committee shall be the Named Fiduciary for the Plan. A member of the Committee may be a Participant but, in such case, a claim submitted by one member of the
Committee as a Participant shall be reviewed by one or more other members of the Committee. 

 In addition to any other
indemnity or similar rights applicable to the Committee, the Company shall indemnify each member of the Committee for any liability, assessment, loss, expense or other cost of any kind or description whatsoever, including legal fees and expenses,
actually incurred by a member on account of any action or proceeding, actual or threatened, that arise as a result of being a member of the Committee or as a result of any actions or inactions of any member(s) of the Committee. 
  

 8 

	 	2.	Powers. The Committee shall have control over the administration of the Plan, with all powers necessary to enable it properly to carry out its duties in this respect,
including, without limitation, the designation of Employees as Participants and the power to waive any conditions or limitations stated in the Plan whenever the Committee, acting in its absolute discretion, deems such a waiver to be appropriate
under the circumstances. Notwithstanding any provisions of the Plan to the contrary, the Committee, acting in its sole discretion, may credit any Participant with additional Years of Service (not to exceed a maximum of 20), including but not limited
to the crediting of employment service completed while employed by a business acquired by the Company. The Committee may appoint in writing such agents as it may deem necessary for the effective performance of its duties, and may delegate to such
agents those powers and duties, whether ministerial or discretionary, that it deems expedient or appropriate. In the event that any agent so appointed is not an employee of the Company, such agent’s compensation shall be fixed by the Committee
and shall be paid by the Company. 

  

	10.	Amendment and Termination  

  

	 	1.	Amendment. This Plan may be amended in any respect and at any time by the Committee in the exercise of its sole discretion. Any such amendment automatically shall be binding
on each Participant; provided, that no such amendment may reduce the level of non-forfeitable benefit accrued by a Participant under the Plan as of the date the amendment is adopted. Notwithstanding any provision of the Plan to the contrary, in the
event that the Committee determines that any provision of the Plan may cause amounts deferred under the Plan to become immediately taxable to any Participant under Code Section 409A, and related guidance, the Committee may (i) adopt such
amendments to the Plan and appropriate policies and procedures, including amendments and policies with retroactive effect, that the Committee determines necessary or appropriate to preserve the intended tax treatment of the Plan benefits provided by
the Plan and/or (ii) take such other actions as the Committee determines necessary or appropriate to comply with the requirements of Code Section 409A, and related guidance. 

  

 9 

	 	2.	Termination. The Plan may be terminated at any time by the Committee and all benefits shall be paid out in the form of lump sum payments beginning twelve (12) months
after the termination of the Plan, provided, that (i) all other non-qualified nonaccount deferred compensation balance plans and arrangements maintained by the Company are terminated with respect to all Participants; (ii) no payments other
than those otherwise payable under the terms of the Plan absent a termination of the Plan are made within twelve (12) months of the termination of the Plan; (iii) all payments are made within twenty-four (24) months of the termination
of the Plan; and (iv) the Company does not adopt another non-qualified nonaccount balance deferred compensation plan at any time for a period of five (5) years following the date of termination of the Plan. 

 In the event that the Plan is terminated in accordance with this Article 10, no such termination may reduce the level of non-forfeitable benefits accrued
by a Participant under the Plan as of the date the termination is effective. 
  

	11.	Miscellaneous  

  

	 	1.	Headings. The headings and subheadings in the Plan have been inserted for convenience of reference only and are to be ignored in any construction of the Plan provisions.

  

	 	2.	Construction. In the construction of the Plan, the singular shall include the plural in all cases in which such meaning would be appropriate. This Plan shall be construed in
accordance with the laws of the State of Tennessee. 

  

	 	3.	Agent for Service of Process. The agent for service of process for the Plan shall be the person currently listed in the records of the Secretary of State of Tennessee as the
agent for service of process for the Company. 

  

	 	4.	Plan Administrator. The Plan Administrator shall be the plan administrator of the Plan, to the extent ERISA applies. 

  

	 	5.	No Assignment by Participants. The benefits provided under this Plan may not be alienated, encumbered or assigned by a Participant or Spouse. 

  

	 	6.	Successors and Assigns to the Company. The rights and obligations of the Company under this Plan shall be binding on and inure to the benefit of the Company, its successors
and permitted assigns. 

  

	 	7.	Effect of Plan. This Plan shall not constitute a contract of employment for any definite term and shall not affect or impair the right of either party to terminate the
employment relationship at any time. 

  

 10 

	 	8.	Legal Competency. The Committee may, in its discretion, make payment either directly to an incompetent or disabled person, or to the guardian of such person, or to the person
having custody of such person, without further liability on the part of the Company, the Committee, or any person, for the amounts of such payment to the person on whose account such payment is made. 

  

	 	9.	Effective Date. The effective date of the Plan shall be January 1, 2006. 

  

 11

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