Document:

Amended and Restated ARAMARK Savings Incentive Retirement Plan

 Exhibit 4.1 
 Amended and Restated ARAMARK Savings Incentive Retirement Plan 
 (A
Successor Plan to the “ARAMARK 2005 Stock Unit Retirement Plan”) 
 Effective as of February 6, 2007

 Table of Contents 
  

							
	ARTICLE I.	 	Definitions and Construction.	  	 	2	  
	ARTICLE II.	 	Participation.	  	 	5	  
	ARTICLE III.	 	Employee Salary Deferrals.	  	 	6	  
	ARTICLE IV.	 	Matching Contributions.	  	 	7	  
	ARTICLE V.	 	Accounts and Investment Treatment of Deferred Compensation.	  	 	8	  
	ARTICLE VI.	 	Distribution on Separation from Service.	  	 	8	  
	ARTICLE VII.	 	Withdrawals During Employment.	  	 	9	  
	ARTICLE VIII.	 	Breaks in Service.	  	 	9	  
	ARTICLE IX.	 	Administration.	  	 	10	  
	ARTICLE X.	 	No Segregation of Assets	  	 	11	  
	ARTICLE XI.	 	Amendment and Termination.	  	 	11	  
	ARTICLE XII.	 	Miscellaneous.	  	 	12	  

 ARTICLE I. Definitions and Construction. 

1.1 Definitions. Whenever used in this Plan: 
 Account means any account established for a Participant as provided in Section 5.1. 
 Account Balance means for each Participant, the total balance standing to the Participant’s Accounts under the Plan at the date of reference. 

Affiliate means, with respect to any Company, (a) any corporation (other than such Company) that is a member of a controlled group of
corporations (within the meaning of Section 414(b) of the Code), of which such Company is a member; (b) any other related corporation designated as an affiliate by the Parent Company; or (c) an organization which is a member of an
affiliated service group of which the Company is a member. 
 Age means age on last birthday. 

Approved Form means the form or online process provided, in a manner prescribed by the Committee, for a particular purpose. 

ARAMARK means ARAMARK Services, Inc., a Delaware corporation. 
 Basic Salary Deferrals means, for each Participant, the deferrals authorized by the Participant in accordance with Section 3.1(a). 

Break in Service means, for an Employee or a former Employee, a period of at least twelve consecutive months during which such individual
is not an Employee. Employees shall be given credit for periods of employment with Parent Company and its Affiliates (and any respective predecessor entities) prior to the Merger. 
 Change in Control shall have the meaning ascribed to it in the ARAMARK Holdings Corporation 2007 Management Stock Incentive Plan. 
 Code means the Internal Revenue Code of 1986, as amended from time to time. 

Committee means the Committee described in Section 9.2. 
 Company means, each with respect to its own employees, ARAMARK and such subsidiary or affiliated companies as may from time to time participate in the Plan by authorization of the Parent
Company. 
 Compensation means, for any Eligible Employee for any Plan Year, such Eligible Employee’s annual base salary and
sales commissions (including amounts allocable to paid time off for vacations, holidays, sick leave, and salary deferrals under the ARAMARK 2005 Deferred Compensation Plan and excluding overtime, shift differentials, commissions other than sales
commissions, pay allowances, deferred compensation, bonuses and related benefits) earned from the Company and paid to the Employee, computed before reduction by Salary Deferrals under Section 3.1 of this Plan. 

Covered Employee means an Employee employed by the Company or an Affiliate on a salaried basis who is not (a) an employee employed by
a joint venture in which the Company is a joint venturer, or (b) a person in a position designated by the Company or Affiliate as a “Consultant.” An Employee who is neither a United States citizen nor a United States resident shall
not become a Covered Employee and any 

  
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employee who is a citizen of a country outside of the U.S. who is currently participating in one of the Company’s or its affiliate’s retirement or pension benefit plan in such country
shall not be permitted to participate in this Plan while participating in such other plan. 
 Early Retirement means, for any
Employee, (a) attainment of Age 60 and completion of five or more Years of Service, or (b) incurrence of a total and permanent disability within the meaning of Section 409A(a)(2)(C) of the Code. 

Effective Date means February 6, 2007. 
 Eligible Employee means a Covered Employee who is eligible to make contributions under the Plan as provided in Article II. 
 Employee means any person employed by the Company or an Affiliate. 

Employment Date means, for each Employee, the first day on which the Employee completes an hour for which the Employee is paid or entitled
to payment, direct or indirect, from the Company or Affiliate (or the former ARAMARK Corporation or one of its Affiliates, if the Employee was employed by ARAMARK Corporation or one of its Affiliates prior to the Merger), for the performance of
duties. If an Employee’s Years of Service are canceled under Section 8.1 and cannot be restored (because the Employee cannot satisfy the requirement of Section 8.1(b)), the Employee’s Employment Date shall be the first day
thereafter on which the Employee completes such an hour. 
 Fiscal Year means the fiscal year of the Parent Company. 

Key Employee means any individual approved for participation in this Plan and who is a management or highly compensated employee.

 Matching Contributions Account means, for each Participant, the Account established under Section 5.3 to credit the
Company’s contributions under Section 4.1. 
 Merger means the merger of RMK Acquisition Corporation, RMK Finance LLC
and ARAMARK Corporation which occurred on January 26, 2007. 
 Normal Retirement means, for any Employee, attainment of Age
65. 
 Parent Company means ARAMARK Corporation, a Delaware corporation. 
 Participant means an Employee or former Employee who has an Account Balance under the Plan. 
 Period of Service means, for any Employee, the elapsed time between the Employee’s Employment Date and the date of reference, inclusive, disregarding any Break in Service or any period
during which such individual is not an Employee to the extent such period falls within a period of at least twelve consecutive months in which the Employee has a Separation from Service by reason of resignation, discharge, or retirement and
completes no hours for which the Employee is paid or entitled to payment, direct or indirect, for the performance of duties. Where any portion of an Employee’s Period of Service is to be disregarded in determining Years of Service so that
non-successive periods must be aggregated, less than whole year periods shall be aggregated on the basis that 365 days equal a whole year. Employees shall be given credit for periods of employment with the former ARAMARK Corporation or one of its
Affiliates prior to the Merger. 

  
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 Period of Severance means, for any former Employee, the elapsed time between the former
Employee’s Separation from Service and the date the former Employee again becomes an Employee. 
 Plan means the Amended and
Restated ARAMARK Savings Incentive Retirement Plan. 
 Plan Administrative Committee means the Committee described in Article IX
which is charged with the responsibilities of administering the Plan in accordance with the Rules. As of the Effective Date, the Corporate Governance and Human Resources Committee shall be the Plan Administrative Committee. 

Plan Year means each twelve-consecutive-month period ending on September 30. 
 Prior Plans means the Amended and Restated ARAMARK 2001 Stock Unit Retirement Plan and the ARAMARK 2005 Stock Unit Retirement Plan. 
 Qualified Retirement Plan means any retirement plan maintained by the Company that is qualified under Code Section 401(a). 
 Retirement Savings Plan means the ARAMARK Retirement Savings Plan for Salaried Employees, a Qualified Retirement Plan under which contributions are made pursuant to Code Section 401(k).

 Rules means the rules adopted by the Plan Administrative Committee relating to the administration of the Plan. 

Salary Deferral Account means, for each Participant, the Account established for crediting the portion of the Participant’s Account
Balance attributable to Salary Deferrals as provided in Section 5.1. 
 Salary Deferral Percentage(s) means the percentage(s)
of a Participant’s Compensation that the Participant elects to defer under Section 3.1(a) and/or 3.1(b). 
 Salary
Deferrals means, for each Participant, the deferrals authorized by the Participant as provided in Section 3.1(a) and/or 3.1(b). 

Separation from Service means termination of an Employee’s status as an Employee (which for these purposes also shall relate to the
Employee’s status as an employee of any Company or predecessor entity thereto, determined in accordance with Section 409A(a)(2)(A)(i) of the Code. To the extent consistent with Section 409A(a)(2)(A)(i) of the Code, a Separation from
Service shall be measured from the earlier of (a) the date the Employee terminates employment, or (b) the first anniversary of the first day of a leave of absence for any other reason. In the case of an Employee who is absent from work for
maternity or paternity reasons, the twelve-consecutive month period beginning on the first anniversary of the first date of such absence shall not constitute a Break in Service. For purposes of this paragraph, an absence from work for maternity or
paternity reasons means an absence due to pregnancy of the Employee; a birth of a child to the Employee; placement of a child with the Employee in connection with the adoption of such child by the Employee; or care for such child for the period
beginning immediately following birth or placement. 
 Sharing Participant means, for any Plan Year, a person who is an Eligible
Employee on the last day of the Plan Year (or is absent for reasons not constituting a Separation from Service); or who has died during the Plan Year while an Eligible Employee of the Company; or who has retired on account of Early or Normal
Retirement; or who was an Eligible Employee during the Plan Year and who is an Employee (other than an Eligible Employee) on the last day of the Plan Year, provided, however, that such Employee’s Compensation shall be determined by reference to
the Employee’s Compensation paid during 

  
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the Employee’s service as an Eligible Employee. The term Sharing Participant shall not include any Employee who has not yet completed one Year of Service. 

Specified Employee means a Participant who is a “specified employee” within the meaning of Section 409A(a)(2)(B)(i) of the
Code. 
 Unforeseeable Emergency means a severe financial hardship to the Participant resulting from an illness or accident of the
Participant, the Participant’s spouse or a dependent (as defined in Section 152(a) of the Code) of the Participant, loss of the Participant’s property due to casualty or other similar extraordinary and unforeseeable circumstances
arising as a result of events beyond the control of the Participant. 
 Year of Participation means, for any Employee, twelve
consecutive months during which the Employee is a participant under this Plan, any Prior Plan or any twelve consecutive month period during which the Employee participated in any Qualified Retirement Plan. 

Year of Service refers to a credit used to determine whether a Participant is eligible for a Company contribution or has sufficient service
to have a nonforfeitable interest in the Participant’s Account Balance attributable to the Participant’s Matching Contributions Account. Each Employee shall be credited with a number of Years of Service equal to the length of the
Participant’s Period of Service, except that the following shall be disregarded: 
 (a) any Break in Service (including any
period immediately following a Separation from Service which has lasted less than twelve months as of the date of reference but ultimately does last at least twelve months); and 

(b) any period for which the Employee’s Years of Service are canceled under Section 8.3 and are not restored under that
Section. 
 1.2 Gender. The masculine gender shall include the feminine. 
 1.3 Notices. Any notice or filing to be made with the Committee or any Company shall be made in accordance with the Rules. 
 ARTICLE II. Participation. 
 2.1 Eligible Employees. Each
Covered Employee who was eligible to participate in the Prior Plan immediately prior to the Effective Date also shall be eligible to participate in this Plan as of the Effective Date. Each other Covered Employee who satisfies the following
requirements shall be eligible to participate in the Plan as of the date the Covered Employee first satisfies such requirements: 
 (a) the Employee is identified as a Key Employee, and 
 (b) the Employee is in
active employment. 
 Covered Employees who satisfy the foregoing requirements shall be eligible to participate in the Plan on the first day of
the month following one full calendar month during which the Covered Employee meets the requirements. 
 2.2 Participation.
Participation in the Plan by an Eligible Employee is entirely voluntary and is subject to the following rules: 

  
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 (a) Participation on Effective Date of Employees who Participated in Prior Plans.
Each Employee who becomes eligible to participate in the Plan as of the Effective Date as a result of such Employee’s participation in the Prior Plans, as described in Section 2.1 above, shall be deemed to have elected to participate in
this Plan as of the Effective Date, and such Employee’s elections under the Prior Plans, including any Salary Deferral elections and beneficiary designations, as in effect immediately prior to the Effective Date, shall continue to apply under
this Plan until changed by the Participant in accordance with the provisions of this Plan. Any other Eligible Employee that did not participate as of the Effective Date may elect to participate at a later date, in accordance with the provisions of
this Plan, by completing and submitting an Approved Form, provided such individual is an Eligible Employee at such later date. 

(b) Participation on or after Effective Date of Newly-Eligible Employees. Any Employee who first becomes eligible to participate
in the Plan on or after the Effective Date may elect to participate at any time prior to the 30th day after the Employee completes the eligibility requirements of Section 2.1, to the extent permitted under Treas. Reg. § 1.409A-2(a)(7);
provided, such Employee is an Eligible Employee at the time the Employee elects to participate. 
 (c) Participation on or
after Effective Date of all Other Employees. Each Eligible Employee that does not become a Participant under Section 2.2(a) or (b) may elect to become a Participant as of the first day of any succeeding calendar year by electing to
make deferrals as set forth in Article III. 
 (d) Effective Date of Participation. The effective date of an
Employee’s participation in the Plan shall be the first day of the payroll period immediately following the date an Eligible Employee files notice with the Plan Administrative Committee and becomes eligible to participate in the Plan pursuant
to Section 2.2(a), (b) or (c) above. 
 (e) Continuation of Participation. If an Employee who becomes a
participant of this Plan ceases to be a Key Employee, the Employee’s eligibility for continued participation in this Plan shall be subject to the Rules. 
 (f) No Duplication of Participation. Notwithstanding the foregoing provisions of this Article, any Employee who is eligible to participate in a Qualified Retirement Plan shall not be eligible to
participate in this Plan for the same period. 
 (g) Exceptions to Participation Requirements. The Plan Administrative
Committee, acting in accordance with the Rules, may waive the eligibility requirements of Section 2.1 with respect to any individuals the Committee specifically designates. 
 2.3 Beneficiary Designation. Each Participant shall designate the beneficiary or beneficiaries who shall receive the death benefit, if any, payable under Section 6.2. Such designation
shall be made by filing an Approved Form for that purpose in accordance with the Rules. A Participant who previously had participated in the Prior Plan shall be deemed to have designated the beneficiary or beneficiaries of the Prior Plan as his or
her beneficiary under this Plan unless and until such Participant shall have made a subsequent designation of a beneficiary. A Participant may also revoke or change a beneficiary designation at any time by filing an Approved Form in accordance with
the Rules. If a Participant fails to elect a beneficiary, or is not survived by a designated beneficiary, the Participant’s beneficiary shall be the Participant’s estate. 
 ARTICLE III. Employee Salary Deferrals. 

  
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 3.1 Salary Deferrals. 
 (a) Salary Deferrals. Under an election procedure established by the Committee, each Eligible Employee who is participating in the Plan may direct the Company to defer a percentage of the Eligible
Employee’s Compensation. The amount of the Salary Deferrals under this Section for an Eligible Employee shall be at least 1% of the Eligible Employee’s Compensation for the period to which the election applies, and may, in multiples of 1%,
be up to 25% (or such higher percentage as the Parent Company may select from time to time) of the Eligible Employee’s Compensation. 
 (b) Notice to Plan Administrative Committee. An Eligible Employee who wishes to defer Compensation under this Section for any period shall, in the manner specified in the Rules, so notify the Plan
Administrative Committee and authorize the Committee to reduce the Eligible Employee’s Compensation for such period by the amount of the Eligible Employee’s Salary Deferral Percentage election provided, however, that except as provided in
Section 2.2(a) such Eligible Employee’s election to defer such Compensation must be made not later than the close of the preceding calendar year, unless the Eligible Employee first becomes a participant pursuant to Section 2.2(b), in
which case such Eligible Employee must make an election to defer any as yet unearned Compensation at any time prior to the 30th day after the date such Eligible Employee becomes eligible to participate in the Plan. 

3.2 Change in Contributions. A Participant is not permitted to stop, increase, decrease or resume the Participant’s Salary Deferral
Percentage(s) during the calendar year, unless the Participant has incurred a Separation from Service or the Participant is no longer eligible to participate in the Plan, in which case the Participant’s Salary Deferrals will immediately cease
(to the extent permitted under Section 409A of the Code). 
 ARTICLE IV. Matching Contributions. 

4.1 Amount of Contributions. As soon as administratively practicable after the end of each Plan Year, the Parent Company may make a
discretionary matching contribution (“Matching Contributions”) to the Matching Contributions Accounts of Sharing Participants of between a minimum of 25% and a maximum of 75% of such Sharing Participants’ Salary Deferrals for such
Plan Year, excluding: 
 (a) Salary Deferrals made by the Sharing Participant prior to such Sharing Participant’s
completion of one Year of Service; 
 (b) Salary Deferrals in excess of the first 6% of a Participant’s Compensation for
any payroll period; and 
 (c) Salary Deferrals in excess of the maximum elective deferrals permitted under a qualified cash or
deferred plan pursuant to Section 401(g) of the Code for the calendar year in which the Plan Year ends. 
 The percentage of Salary
Deferrals on which the amount of Matching Contributions is to be based shall be the matching percentage contributed by the Parent Company to the Retirement Savings Plan for the same Fiscal Year. 

4.2 Allocations to Participants. Matching Contributions made with respect to a Plan Year shall be credited only to the Matching
Contributions Account of each Participant who is a Sharing Participant for the Plan Year based upon the Participant’s Salary Deferral for such Plan Year. 

  
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 ARTICLE V. Accounts and Investment Treatment of Deferred Compensation. 

5.1 Credits to Participants’ Accounts. Accounts shall be established for each Participant. Each Participant’s Salary Deferrals
shall be credited to the Participant’s Salary Deferral Account and each Participant’s Matching Contributions shall be credited to the Participant’s Matching Contributions Account. 

5.2 Interest Credited to Salary Deferrals. Any amount credited to either a Participant’s Salary Deferral Account and Matching
Contributions Account shall accrue interest in the manner specified by the Committee in accordance with the Rules. 
 5.3 Valuation of
Salary Deferral and Matching Contributions Accounts. As of the last day of each month or such shorter period as is specified by the Plan Administrative Committee in accordance with the Rules, all interest accrued during that period shall be
credited to the Salary Deferral Accounts and Matching Contributions Accounts of Participants. 
 5.4 Effect of Distributions or
Withdrawals. If a distribution or withdrawal is made, the payment determination date shall be the last day of the month (or such shorter period as is specified by the Plan Administrative Committee in accordance with the Rules) in which the
distribution is due or the withdrawal is requested. The Participant’s appropriate Account or Accounts shall be reduced by the amount distributed or withdrawn. Subject to Section 6.5, a distribution or withdrawal shall be paid as soon as
reasonably practicable and, in any case, no more than 30 days after the payment determination date. The amount due any Participant with respect to the Participant’s Salary Deferral Account and Matching Contributions Account shall be determined
by the valuation under Section 5.3. 
 ARTICLE VI. Distribution on Separation from Service. 

6.1 Termination of Employment on Account of Retirement, After Completion of Two Years of Participation or Three Years of Service, or Following a
Change in Control. A Participant’s entire Account Balance may be payable to the Participant, in accordance with Section 6.5, following a Separation from Service but only if such Separation from Service: (a) is on account of
Early or Normal Retirement, (b) except as provided in Section 6.4 below, occurs after the Participant has completed two or more Years of Participation or has been credited with three or more Years of Service, or (c) occurs on or
after, or results in a distribution on or after, a Change in Control. 
 6.2 Death. Upon the death of a Participant at any time,
the Participant’s entire Account Balance shall be payable, in accordance with Section 6.5, to the beneficiary designated or otherwise applicable pursuant to Section 2.3. 
 6.3 Termination of Employment Prior to Completing Two Years of Participation or Three Years of Service and Prior to a Change in Control. Except as provided in Section 6.1 or
Section 6.2, a Participant who ceases to be an Employee before completing two Years of Participation or before receiving credit for three or more Years of Service shall be paid the Participant’s entire Account Balance other than the
Participant’s Matching Contributions Account, which shall be forfeited, in accordance with Section 6.5. 
 6.4 Separation from
Service for Cause. A Participant who ceases to be an Employee receiving credit for three or more Years of Service and whose Separation from Service is on account of “cause,” i.e., commission of a crime or other conduct which
directly and adversely affects the Company, or disclosure of confidential information, or other aid and assistance to a competitor of the Company, shall be paid the 

  
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Participant’s entire Account Balance other than the Participant’s Matching Contributions Account, which shall be forfeited, in accordance with Section 6.5. The determination of
cause under this Section shall be made by the Committee, and shall be final and binding on all parties. This Section 6.4 shall have no effect following a Change in Control. 

 

	6.5	Method of Payment. Payment of any Accounts upon a distribution or withdrawal shall be made in accordance with Section 5.4. Distribution of a
Participant’s Accounts may be made in a lump sum cash payment or in installments pursuant to a valid election made by the Participant in accordance with Sections 3.1 and 9.2 and the Rules. Notwithstanding anything in the Plan to the contrary,
distributions to Specified Employees, may not be made before the date that is six (6) months after such Specified Employee’s Separation from Service. 

 

	6.6	Small Balances. Balances of less than $10,000 at time of termination (including amounts deferred under any other non-qualified deferred compensation plan
that is aggregated with the SIRP under Treas. Reg. § 1.409A-1(c)(2)) are issued in a lump sum cash distribution as soon as administratively possible following termination of employment, regardless of any other distribution election on file;
provided, that distributions to “specified employees” (as defined under Section 409A) may not be made before the date that is six months after such specified employee’s termination of employment unless the termination of
employment is due to the employee’s death. 

 ARTICLE VII. Withdrawals During Employment. 

7.1 Withdrawal of Salary Deferral Account. A Participant may make withdrawals from the Participant’s Salary Deferral Account solely due
to the occurrence of an Unforeseeable Emergency if approved by the Plan Administrative Committee in its sole discretion, to the extent such withdrawal is permitted under Section 409A(a)(2)(B)(ii) of the Code. The Participant shall certify in
writing to the Plan Administrative Committee that the purpose of the withdrawal is due to an Unforeseeable Emergency and shall provide such documentation to that effect as may be requested by the Plan Administrative Committee to assist it in its
determination. The amounts distributed due to an Unforeseeable Emergency cannot exceed the amounts necessary to satisfy such emergency plus amounts necessary to pay taxes reasonably anticipated as a result of the distribution, after taking into
account the extent to which such emergency is or may be relieved through reimbursement or compensation by insurance or otherwise or by liquidation of the Participant’s assets (to the extent the liquidation of such assets would not itself cause
severe financial hardship). 
 7.2 Withdrawal of Matching Contributions Account. A Participant is not permitted to withdraw any
amounts from the Participant’s Matching Contributions Account while still an Employee. 
 ARTICLE VIII. Breaks in Service.

 8.1 Cancellation of Years of Service. An Employee’s Years of Service and Years of Participation shall be canceled for
purposes of computing the Employee’s nonforfeitable interest in the Employee’s Account Balance under Articles VI and VII if the Employee has a Separation from Service before the Employee has met the requirements for Early or Normal
Retirement, and before the Employee is credited with two Years of Participation, or three Years of Service. If a former Employee again becomes an Employee the Employee’s Years of Service and Years of Participation shall be restored if the
Employee becomes an Employee before incurring five consecutive Breaks in Service, or if the Employee was at any time a Participant in the Plan, and 
 (a) the Employee is credited with a Year of Service after the Employee’s prior Years of Service were canceled; and 

  
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 (b) the Employee had to the Employee’s credit when the Employee’s Years of Service
were canceled a Period of Service longer than the Employee’s longest Period of Severance that follows the date the Employee’s Years of Service were canceled. 
 ARTICLE IX. Administration. 
 9.1 Overall Responsibility. Parent
Company, acting by resolution of its Board of Directors or of a duly authorized Committee, shall have overall responsibility and authority for the Plan including control and management of the Accounts of the Plan, design of the Plan, the right to
amend the Plan, the exercise of all administrative functions provided in the Plan or necessary to the operation of the Plan, except such functions as are assigned to other persons pursuant to the Plan. 

9.2 Committee. 

(a) Appointment and Tenure. Parent Company shall appoint a Plan Administrative Committee, which shall consist of not less than
three members, each of whom (1) shall be a member of the Board of Directors of the Parent Company, and (2) shall be a non-employee director (within the meaning of Section (c) (2) of SEC Rule 16b-3, or any successor provision).
The Committee shall hold office during the pleasure of the Board of Directors of Parent Company, and such Board of Directors shall fill all vacancies on the Committee. As of the Effective Date, the Compensation and Human Resources Committee of the
ARAMARK Holdings Corporation Board of Directors shall serve as the Plan Administrative Committee. 
 (b) Administrator of the
Plan. The Plan Administrative Committee shall be sole administrator of the Plan and as such have sole responsibility and authority to control the operation and administration of the Plan, including, without limiting the generality of the
foregoing, (i) determination of benefit eligibility and amount and certification thereof, (ii) issuance of directions to pay any fees, taxes, charges, or other costs incidental to the operation and management by the administrator of the
Plan; (iii) issuance of directions as to the cash needs of the Plan; (iv) the preparation and filing of all reports required to be filed with any agency of the government; (v) compliance with all disclosure requirements imposed by
law; (vi) maintenance of all books of account, records and other data as may be necessary for proper administration of the Plan, (vii) approval of the amount of employer contribution referred to in Section 4.1, provided, however, that
the Plan Administrative Committee may delegate to other persons such of its functions (other than (vii) above) as it deems appropriate. 
 (c) Rules of Administration. The Plan Administrative Committee shall adopt such Rules and regulations for administration of the Plan as it considers desirable, provided they do not conflict with
the Plan, and may construe the Plan, correct defects, supply omissions and reconcile inconsistencies to the extent necessary to effectuate the Plan and such action shall be conclusive. 

(d) Claims Procedure. The Committee shall adopt a written procedure whereunder a Participant or beneficiary shall appeal any
denial of benefits claimed to be due such Participant or beneficiary. 
 (e) Compensation and Expenses. The members of
the Committee shall serve without compensation for services as such, but all normal and reasonable expenses of the Committee shall be paid by ARAMARK. 
 (f) Reliance on Reports and Certificate. The Committee will be entitled to rely conclusively upon all tables, valuations, certificates, opinions and reports which will be furnished by any
accountant, 

  
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controller, counsel, or other person who is employed or engaged for such purposes. 
 (g) Liability and Responsibility of Committee. The members of the Committee shall be fully protected in respect to any action taken or suffered by them in good faith in reliance upon the advice of
its advisors. To the extent permitted by law, the Company shall indemnify members of the Committee against any liability or loss sustained by reason of any act or failure to act in such capacity as Committee members, if such act or failure to act
does not involve willful misconduct. Such indemnification includes attorneys’ fees and other costs and expenses reasonably incurred in defense of any action brought against such members by reason of any such act or failure to act. No bond or
other security shall be required of any member of the Committee. 
 (h) The Plan Administrative Committee may, in its sole
discretion, permit Participants to change their deferral elections under the Plan without meeting the conditions set forth above provided that such deferral election changes comply with transitional relief rules or other regulations promulgated by
the Treasury Department under Section 409A. 
 9.3 Forms. Deferral forms, payment elections and other forms utilized under
the Plan shall be in the form approved by the Executive Vice President, Human Resources. 
 9.4 Services of the Plan. Parent
Company and the Committee may contract for legal, investment advisory, medical, accounting, clerical, and other services to carry out the Plan. The costs of such services shall be paid by ARAMARK. 

9.5 Liability for Administration. Neither the Committee, the Company, Parent Company, nor any of its directors, officers, or employees
shall be liable for any loss due to its error or omission in administration of the Plan unless the loss is due to the gross negligence or willful misconduct of the party to be charged. 
 ARTICLE X. No Segregation of Assets 
 The Plan shall at all times be entirely
unfunded and no provision shall at any time be made with respect to segregating assets of the Company, or any Affiliate, for payment of any benefits hereunder. No Participant or other person shall have any interest in any particular assets of the
Company by reason of the right to receive a benefit under the Plan and any such Participant or other person shall have only the rights of a general unsecured creditor of ARAMARK with respect to any rights under the Plan. 

ARTICLE XI. Amendment and Termination. 
 11.1 Amendment or Termination of Plan. The Board of Directors of the Parent Company may amend or terminate the Plan at any time, to the extent permitted under Treas. Reg. §
1.409A-3(j)(4)(ix). Notwithstanding the foregoing, effective upon a Change in Control, no amendment or termination of the Plan shall modify, without the consent of the affected Participants, any provision relating to amounts contributed or deferred
under the Plan on or prior to the Change in Control. 
 11.2 Sale of Affiliate. In the event that a Participant in this Plan
ceases to be an Employee by reason of the sale or spin-off of an Affiliate that constitutes a change in the ownership or effective control of, or in the ownership of a substantial portion of the assets of, such Affiliate under Code
Section 409A(a)(2)(A)(v), such Participant shall be treated as a terminated employee and distribution of the Participant’s Account Balance under this Plan shall be made in accordance with Article VI. 

  
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 ARTICLE XII. Miscellaneous. 
 12.1 No Assignment or Alienation of Benefits. Except as hereinafter provided with respect to domestic relations orders (as defined in Section 414(p)(1)(B) of the Code), a
Participant’s Account may not be voluntarily or involuntarily assigned or alienated. In cases of domestic relations orders, the Company will observe the terms of the Plan unless or until ordered to do otherwise by a state or Federal court. As a
condition of participation, a Participant agrees to hold the Company harmless from any claims that arise out of the Company’s obeying the final order of any state or Federal court, whether such order effects a judgment of such court or is
issued to enforce a judgment or order of another court. In addition, for application only to Plan Participants subject to Section 16 of the Securities Exchange Act of 1934, the requirements of SEC Rule 16a-12 (or any successor provision) are
specifically incorporated herein by reference. 
 12.2 Effect on Employment. This Plan shall not confer upon any person any right
to be continued in the employment of the Company or an Affiliate. 
 12.3 Facility of Payment. If ARAMARK deems any person
incapable of receiving benefits to which such person is entitled by reason of age of minority, illness, infirmity, or other incapacity, it may direct that payment be made directly for the benefit of such person or to any person selected by ARAMARK
to disburse it, whose receipt shall be a complete acquittance therefore. Such payments shall, to the extent thereof, discharge all liability of ARAMARK, the Company, and the party making the payment. 

12.4 Tax Withholding. Distributions from the Plan may be subject to tax withholding for Federal, state, and local taxes. Participant, by
agreeing to participate in the Plan, consents to the timely withholding of such taxes, either through a reduction in the amount of the distribution, withholding from other amounts payable by Company to Participant, including salary and bonus
payments, or by payment to ARAMARK in cash of an appropriate amount in taxes. 
 12.5 Applicable Law. Except as provided by
Federal law, the Plan shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania. 
 12.6
Effective Date. The foregoing provisions of this Plan shall apply to individuals (or beneficiaries of individuals) who are Employees on or after the Effective Date, except as may otherwise be provided in the Plan. The rights of any other
individual (or beneficiary) shall be determined by the provisions of the Plan as in effect on the date of such individual’s latest Separation from Service except as may be provided by specific reference in any amendment adopted thereafter.

 12.7 SEC Rule 16b-3. Transactions pursuant to this Plan are intended to come within the exemptions provided by SEC Rule 16b-3
(or any successor provision) with respect to persons who are subject to Section 16 of the Securities Exchange Act of 1934 to the full extent provided thereby. Any provision required by such Rule to be set forth in this Plan is incorporated
herein by reference, and any inconsistent provision herein (other than Section 11.1) is superseded. 
 12.8 Deferred Compensation
Provisions. This Plan is intended to comply with Section 409A of the Code and will be interpreted in a manner intended to comply with Section 409A of the Code. In furtherance thereof, no payments may be accelerated under the Plan
other than to the extent permitted under Section 409A of the Code. To the extent that any provision of the Plan violates Section 409A of the Code such that amounts would be taxable to a Participant prior to payment or would otherwise
subject a Participant to a penalty tax under Section 409A, such provision shall be automatically reformed or 

  
 Page 12

 
stricken to preserve the intent hereof. Notwithstanding anything herein to the contrary, (i) if at the time of a Participant’s Separation from Service the Participant is a Specified
Employee and the deferral of the commencement of any payments or benefits otherwise payable hereunder as a result of such Separation from Service is necessary in order to prevent any accelerated or additional tax under Section 409A of the Code,
then the Company shall defer the commencement of the payment of any such payments or benefits hereunder (without any reduction in such payments or benefits ultimately paid or provided to the Participant) until the date that is six months following
the Participant’s Separation from Service (or the earliest date as is permitted under Section 409A of the Code) and (ii) if any other payments due to a Participant hereunder could cause the application of an accelerated or additional
tax under Section 409A of the Code, such payments or other benefits shall be deferred if deferral will make such payment compliant under Section 409A of the Code, or otherwise such payment shall be restructured, to the extent possible, in
a manner, determined by the Committee, that does not cause such an accelerated or additional tax. The Committee shall implement the provisions of this Section 12.8 in good faith; provided that neither the Company, the Committee, nor any of the
Company’s or its Affiliates’ employees or representatives shall have any liability to Participants with respect to this Section 12.8. 

  
 Page 13Deferred Non-Employee Directors' Deferred Stock Unit Plan

 Exhibit 10.1 
 EXELON CORPORATION 
 NON-EMPLOYEE DIRECTORS’ DEFERRED STOCK UNIT
PLAN 
 (As Amended and Restated Effective January 1, 2011) 

 

	1.	Purpose 

 The purpose of
the Plan is to provide a means whereby the Company may, through the grant of Units relating to Common Stock, offer a reward and an incentive to the members of the board of directors of the Company, motivate such directors to exert their best efforts
on behalf of the Company and further to align the economic interest of such individuals with those of the Company’s shareholders. This Plan is intended to constitute a non-qualified deferred compensation plan. The Plan is a restatement of the
Plan as in effect as of January 1, 2009. 
  

	2.	Definitions 

 Whenever
used in this Plan, the following terms will have the respective meanings set forth below: 
 2.01 “Account”
means the Company’s record established pursuant to Section 5, which reflects the number of Units standing to the credit of a Participant under the Plan. 
 2.02 “Beneficiary” means the person(s) designated by a Participant to receive any benefits payable under this Plan after the Participant’s death. The Company’s Secretary shall
provide a form for this purpose. If the Participant is not survived by a designated Beneficiary, the Participant’s Beneficiary shall be the Participant’s spouse, if living, or otherwise the Participant’s estate. If one or more
Beneficiaries survive the Participant, but all designated Beneficiaries die before the entire balance payable under the Plan has been distributed, any remaining balance shall be paid to the estate of the last surviving Beneficiary. In the absence of
contrary proof, the Participant shall be deemed to have survived any designated Beneficiary. A Participant may change his Beneficiary designation at any time until his death by filing a written Beneficiary designation with the Secretary, in the
manner specified by the Secretary. 
 2.03 “Board” means the Board of Directors of the Company. 

2.04 “Code” means the Internal Revenue Code of 1986, as amended. 

2.05 “Committee” means a Committee appointed by the Board or, if no such Committee is currently appointed, the Secretary
of the Company. 
 2.06 “Common Stock” means the common stock of the Company. 

2.07 “Company” means, prior to October 20, 2000, PECO Energy Company, and thereafter Exelon Corporation and any
successor thereto. 

 2.08 “Director” means a member of the Board who is not an employee of the
Company or any of its subsidiaries or other entities controlling or controlled by it. 
 2.09 “Dividend
Equivalent” means an amount determined by multiplying the number of Units credited to a Participant’s Account on the record date for the payment of a dividend on the Common Stock, by the per share cash dividend, or the per share Fair
Market Value of any stock dividend, or the per share fair market value (as determined by the Committee) of any dividend in consideration other than cash or Common Stock, paid by the Company on its Common Stock with respect to such dividend record
date. 
 2.10 “Effective Date” means January 1, 1997. 

2.11 “Fair Market Value” of Common Stock means the closing sales price thereof on the New York Stock Exchange on the day
on which Fair Market Value is being determined, as reported on the Composite Tape for transactions on the New York Stock Exchange. In the event that there are no Common Stock transactions on the New York Stock Exchange on such day, the Fair Market
Value will be determined as of the immediately preceding day on which there were Common Stock transactions on that exchange. 

2.12 “Participant” means any Director who is eligible to participate in the Plan under Section 4. An individual
shall remain a Participant until that individual has received full distribution of any amount credited to the Participant’s Account. 
 2.13 “Plan” means, prior to October 20, 2000, the PECO Energy Company Non-Employee Directors’ Deferred Stock Unit Plan, and thereafter the Exelon Corporation Non-Employee
Directors’ Deferred Stock Unit Plan, as the same is set forth herein, and as it may be amended from time to time. 
 2.14
“Plan Year” means the calendar year. 
 2.15 “Separates from Service” or “Separation
from Service” means the Director’s termination of service as a member of the Board (and the board of directors of all subsidiaries, if applicable) for any reason other than death. A Separation from Service shall be determined in
accordance with Section 409A of the Code, and shall be deemed to have occurred when the Director’s service to the Company ceases, without reference to any compensation continuation arrangement that may be applicable. 

2.16 “Unit” means a single unit granted to a Participant which represents a phantom interest equivalent to one share of
Common Stock. 
 2.17 “Unit Value” means, at any time, unless otherwise specified in the Plan, the value of
each Unit issued under the Plan, which value shall be equal to the Fair Market Value of the Common Stock on such date. 
  

	3.	Administration 

 The Plan
shall be administered by the Committee or its designee, which shall have full power and authority to interpret the Plan, to prescribe, amend and rescind any rules, forms 

  
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and procedures as it deems necessary or appropriate for the proper administration of the Plan and to make any other determinations, including factual determinations, and take such other actions
as it deems necessary or advisable in carrying out its duties under the Plan. All decisions and determinations by the Committee or its designee shall be final and binding on the Company, Participants, Directors, Beneficiaries and any other persons
having or claiming an interest hereunder. Any other provisions of the Plan notwithstanding, the Board may perform any function of the Committee under the Plan, including, without limitation, actions for the purpose of ensuring that transactions
under the Plan by Participants who are subject to Section 16 of the Securities Exchange Act of 1934, as amended, in respect of the Company are exempt under Rule 16b-3. In any case in which the Board is performing a function of the Committee
under the Plan, each reference to the Committee herein shall be deemed to refer to the Board (unless the context shall otherwise require). 
  

	4.	Participation 

 Each
Director of the Company shall become a Participant in the Plan on the later of (i) the Effective Date or (ii) the date such individual first becomes a Director. 

 

	5.	Award of Units 

 5.01
Initial Award of Units. Each Director who is a Participant on the Effective Date is granted a number of Units equal to (i) the present value of benefits accrued by that Director through December 31, 1996 under the PECO Energy
Company Directors’ Retirement Plan (the “Retirement Plan”) (or, if the Participant is credited with fewer than five Years of Service under the Retirement Plan as of December 31, 1996, the present value of the product of 10% of
the Participant’s 1996 retainer and the number of Years of Service with which the Participant is credited under the Retirement Plan as of December 31, 1996), as determined by an actuary appointed by the Board, divided by (ii) the Fair
Market Value of the Common Stock on December 31, 1996. 
 5.02 Annual Award of Units. On the last day of each
calendar quarter beginning before April 1, 1999, each Participant who is a Director on that date shall receive an award of 178.75 Units. On the last day of each calendar quarter beginning after March 31, 1999 and before October 1,
2000, each Participant who is a Director on that date shall receive an award of 250 Units. On the last day of each calendar quarter beginning after September 30, 2000, each Participant who is a Director on that date shall receive an award of a
number of Units equal to the quotient of $12,500 divided by the Fair Market Value of the Common Stock on the date for the payment of a dividend occurring in such calendar quarter. Such awarded Units shall be credited to each Participant’s
Account as specified in Section 5.04 below. The Board may review the annual award under this Section 5.02 periodically and amend the Plan to adjust such award if and to the extent appropriate. 

5.03 Dividend Equivalents. From the date of grant of each Unit to a Participant until the Participant’s Account has been
fully distributed, the Company shall credit to each Participant’s Account on each date for the payment of a dividend by the Company on its Common Stock, a number of Units equal to (i) the Dividend Equivalent for such dividend payment date,
divided by (ii) the Fair Market Value of a share of Common Stock on such 

  
 -3-

 
dividend payment date. If Units are awarded under Section 5.02 and this Section 5.03 as of the same date, the award under this Section 5.03 shall be determined before any Units are
credited to a Participant’s Account under Section 5.02. 
 5.04 Accounts. The Company shall keep records to
reflect the number of Units credited to each Participant hereunder; provided, however, that (i) this Plan shall be unfunded, (ii) the Company shall not be required to establish any special or separate fund or to make any other segregation
of assets to assure redemption of Units granted under this Plan, and (iii) no Participant or any other person shall under any circumstances acquire any property interest in any specific assets of the Company. Fractional Units shall accumulate
in the Participant’s Account and shall be added together to create whole Units. Nothing contained in this Plan and no action taken pursuant hereto shall create or be construed to create a fiduciary relationship between the Company and any
Participant or any other person. To the extent that any person acquires a right to receive payment from the Company hereunder, such right shall be no greater than the right of any unsecured general creditor of the Company. 

5.05 Adjustments. If there is any change in the number of shares of Common Stock outstanding (i) by reason of a spin-off,
recapitalization, stock split, or combination or exchange of shares, (ii) by reason of a merger, reorganization or consolidation in which the Company is the surviving corporation, (iii) by reason of a reclassification or change in par
value, or (iv) by reason of any other extraordinary or unusual event affecting the outstanding Common Stock as a class without the Company’s receipt of consideration, the number of Units credited to Participants’ Accounts shall be
appropriately adjusted by the Committee to reflect any increase or decrease in the number of issued shares of Common Stock to preclude, to the extent practicable, the enlargement or dilution of rights and benefits under this Plan. Any adjustments
determined by the Committee shall be final, binding and conclusive. If and to the extent that any such change in the number of shares of Common Stock outstanding is effected solely by application of a mathematical formula (e.g., a 2-for-1 stock
split), the adjustment described in this Section 5.05 shall be made and shall occur automatically by application of such formula, without further action by the Committee. 

 

	6.	Events Requiring Redemption of Units 

 6.01 Separation from Service. 
 (a) The Units credited
to a Participant’s Account shall be distributed to the Participant in, or beginning in, the month of April of the year next beginning after the occurrence of one of the following distribution events, as the Participant shall direct in a benefit
distribution election form submitted in accordance with procedures established by the Company (a “Benefit Distribution Election Form”): (i) the Participant’s Separation from Service or (ii) the Participant’s 72nd birthday. Distributions shall be paid in a lump sum payment or in
annual installments over a period of up to 10 years, as the Participant shall direct in his or her Benefit Distribution Election Form. Except as provided in Section 6.01(c), any distribution shall be paid in the form of whole shares of Common
Stock and cash in an amount equal to the Unit Value of any remaining fractional Unit. If a Participant elects to receive installments, Dividend Equivalents will be credited to such Participant’s Account in accordance with Section 5 until
the full amount of the Participant’s Account has been distributed. Each installment payment shall 

  
 -4-

 
include shares of Common Stock equal to the largest number of whole Units determined by dividing the Participant’s total Account balance as of such payment date by the number of payments
remaining in the installment period, and the last such installment shall also include cash in an amount equal to the Unit Value of any remaining fractional Unit. In the event a Participant who has elected a distribution event based on his or her
65th or 72nd birthday continues to serve as a Director after the date such distributions commence, then in the year prior to the year in which such distributions commence such Director shall file a new Benefit Distribution Election Form governing
any amounts credited to his or her Deferral Account after the date such distributions commence. If the Director does not file such new Benefit Distribution Election Form, then the Director shall be deemed to have elected to receive a lump sum
distribution of any such amounts upon the Director’s separation from service. 
 (b) Except as permitted under
Section 6.01(c) or 6.01(d), each Director must submit a Benefit Distribution Election Form not later than 30 days after the date on which such Director first becomes eligible to participate in the Plan (provided that a Director who participated
in the Plan prior to January 1, 2009 and had not commenced distributions must have submitted such form not later than December 31, 2008). If a Director does not submit a Benefit Distribution Election Form during this period, then such
Director shall be deemed to have elected to receive his or her Account balance in the form of a lump sum payable upon the Director’s Separation from Service. 
 (c) Notwithstanding Sections 6.01(a) and 6.01(b), each Participant who had not commenced and was not scheduled to commence the receipt of distributions under the Plan on or before December 31, 2007
was permitted to submit a Benefit Distribution Election Form on or before June 30, 2007 which provided for the payment of such Participant’s Account (i) at any of the times and in any of the forms permitted under Section 6.01(a)
of the Plan or (ii) in a lump sum payment in the first quarter of 2008; provided that such election did not cause any payment to be made in 2007 and did not apply to any payment that otherwise would be paid in 2007. If a Participant elected to
receive a lump sum payment of his or her Account in the first quarter of 2008, such payment was paid in cash, shares of Common Stock, or any combination thereof, at the election of the Participant, provided that such Participant was permitted to
elect to receive such payment in cash only to the extent the Participant had otherwise satisfied his or her share ownership requirements under the Company’s share ownership policy. The special election right set forth in this Section was
intended to comply with the transition rule set forth in IRS Notice 2005-1, Q&A-19(c), and extended in the preamble to regulations proposed under Section 409A of the Code and IRS Notice 2006-79, which permits participants in deferred
compensation plans to change the date on which deferred compensation is payable. 
 (d) A Participant may elect to change the
time and/or method of his or her distributions payable under the Plan in accordance with procedures prescribed by the Committee; provided that, in accordance with Section 409A of the Code, any such change in a distribution election
(i) shall not be effective until 12 months after it is submitted to the Committee, (ii) must be submitted to the Committee at least 12 months prior to the date on which such distributions were previously scheduled to commence and
(iii) must provide for distributions to commence at least five years after the date on which such distributions were previously scheduled to commence. 

  
 -5-

 6.02 Death. If a Participant dies before any Units credited to his or her Account
have been redeemed in accordance with Section 6.01, whether death occurs before or after a Separation from Service, the Company shall redeem all of the Units credited to the Participant’s Account as of the date of his or her death and
distribute to the Participant’s Beneficiary as soon as practicable, in a single distribution, shares of Common Stock equal to the number of whole Units credited to the Participant’s Account as of the date of his or her death and cash in an
amount equal to the Unit Value of any remaining fractional Unit. 
 6.03 Common Stock for Redemption of Units. Shares
distributed to redeem Units may be authorized but unissued shares of Common Stock or reacquired shares of Common Stock, including treasury shares and shares purchased by the Company on the open market for purposes of the Plan. 

 

	7.	Miscellaneous 

 7.01
Transferability. No Unit awarded under this Plan may be transferred, assigned, pledged or encumbered by the Participant, and a Unit may be redeemed during the lifetime of a Participant only from such Participant. 

7.02 No Rights as Shareholder. No Participant shall have any rights as a shareholder of the Company, including the right to any
cash dividends, or the right to vote, as a result of the grant to the Participant, or the Participant’s holding of, any Units. 
 7.03 Adjustment Upon Acquisitions, Dispositions or other Events not in the Ordinary Course of Business. Notwithstanding anything herein to the contrary, if the Company’s financial performance
is affected by any event that is of a non-recurring nature, including an acquisition or disposition of the assets or stock of a business, the Board, in its sole discretion, may make such adjustments in the number of Units or the Unit Value of each
Unit for the then current Plan Year as it shall determine to be equitable and appropriate in order to make the value of each Unit, as nearly as may be practicable, equivalent to the value of the Unit immediately prior to such event. 

7.04 No Rights to Service. Nothing in this Plan, and no action taken pursuant hereto, shall affect the Participant’s term of
service as a Director. 
 7.05 Notices. Any notice hereunder to be given to the Company shall be in writing and shall be
delivered in person to the Secretary of the Company, or shall be sent by registered mail, return receipt requested, to the Secretary of the Company at the Company’s executive offices, and any notice hereunder to be given to the Participant
shall be in writing and shall be delivered in person to the Participant, or shall be sent by registered mail, return receipt requested, to the Participant at his last address as shown in the employment records of the Company. Any notice duly mailed
in accordance with the preceding sentence shall be deemed given on the date postmarked. 
 7.06 Termination and Amendment of
the Plan/Modification of Units. The Plan may be altered, amended, suspended, or terminated at any time by the Board, provided that, except as otherwise provided herein or as permitted under Section 409A of the Code, no such action shall
result in the distribution of amounts credited to the Accounts of any Participant at any time other than as provided in the Plan or as permitted under Section 409A of the Code, nor shall such

  
 -6-

 
action reduce the Units credited to any Participant’s Account. To the extent permitted under Section 409A of the Code, the Board may, in its discretion, terminate the Plan and
accelerate the payment of all Accounts: 
 (a) within 12 months of a corporate dissolution taxed under Section 331 of the
Code, or with the approval of a bankruptcy court pursuant to 11 U.S.C. §503(b)(1)(A), provided that the payments with respect to each such Account are included in the Director’s gross income in the later of (i) the calendar year in
which the Plan termination occurs or (ii) the first calendar year in which the payments are administratively practicable; 

(b) in connection with a “change in control event,” as defined in, and to the extent permitted under, Treasury regulations
promulgated under Section 409A of the Code or 
 (c) upon any other termination event permitted under Section 409A of
the Code. 
 7.07 Incompetents. If the Committee shall find that any person to whom any payment is payable under this
Plan is unable to care for his affairs because of illness or accident, or is a minor, any payment due (unless a prior claim therefor shall have been made by a duly appointed guardian, committee or other legal representative) may be paid to the
spouse, a child, a parent, or a brother or sister, or to any person deemed by the Committee to have incurred expense for such person otherwise entitled to payment, in such manner and proportions as the Committee may determine. Any such payment shall
be a complete discharge of the liabilities of the Company under this Plan. 
 7.08 Compliance With Section 409A of the
Code. The Plan is intended to comply with the provisions of Section 409A of the Code, and shall be interpreted and construed accordingly. The Company shall have the discretion and authority to amend the Plan at any time to satisfy any
requirements of Section 409A of the Code or guidance provided by the U.S. Treasury Department to the extent applicable to the Plan. 
 7.09 Binding Effect. This Plan shall be binding upon and inure to the benefit of the Company, its successors and assigns and the Participant and his heirs, executors, administrators and legal
representatives. 
 7.10 Governing Law. This Plan shall be construed in accordance with, and governed by, the law of the
Commonwealth of Pennsylvania to the extent not preempted by applicable federal law. 
  

	
	EXELON CORPORATION
	
	  

	 Executive Vice President &

Chief Human Resources Officer

  
 -7-

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