SEC Contract Filing

Filing Date: 2022-04-28

Document Content:
<DOCUMENT>
<TYPE>EX-10.A5
<SEQUENCE>6
<FILENAME>x10a5-q12022.htm
<DESCRIPTION>EX-10.A5
<TEXT>
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<title>Document</title></head><body><div id="ie6916e9f0d434432a80771241d6ecd9b_1"></div><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Exhibit 10(a)5</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">EIGHTH AMENDMENT TO THE SOUTHERN COMPANY</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">SUPPLEMENTAL BENEFIT PLAN</font></div><div style="text-align:justify"><font><br></font></div><div style="margin-bottom:12pt;padding-left:5.25pt;padding-right:5.55pt;text-align:justify;text-indent:36.6pt"><font style="color:#262626;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">WHEREAS,</font><font style="color:#262626;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%"> Southern Company Services, Inc. heretofore established and adopted the Southern Company Supplemental Benefit Plan, as amended and restated effective June&#160;30, 2016 (the &#8220;Plan&#8221;)&#59;</font></div><div style="margin-bottom:12pt;padding-left:5.5pt;padding-right:5.65pt;text-align:justify;text-indent:35.6pt"><font style="color:#262626;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">WHEREAS,</font><font style="color:#262626;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%"> under Section 6.2 of the Plan, the Benefits Administration Committee (&#8220;Administrative Committee&#8221;) may amend the Plan, provided the amendment either (a) does not involve a substantial increase in cost to any Employing Company (as defined in the Plan), or (b) is necessary, proper, or desirable in order to comply with applicable laws or regulations enacted or promulgated by any federal or state governmental authority&#59; and</font></div><div style="margin-bottom:12pt;padding-left:5.3pt;padding-right:5.55pt;text-align:justify;text-indent:35.85pt"><font style="color:#262626;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">WHEREAS,</font><font style="color:#262626;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%"> the Administrative Committee, </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11.5pt;font-weight:400;line-height:100%">by Resolution on November 8, 2021, has determined it is appropriate to amend the Plan to provide for cessation of active participation for employees of Sequent Energy Management, LP and Sequent Energy Canada Corp. who are no longer Employees due to the divestiture that occurred on July 1, 2021, and to provide for full vesting for the benefits of such employees</font><font style="color:#262626;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">.</font></div><div style="margin-bottom:12pt;margin-top:0.05pt;padding-left:5.55pt;padding-right:5.35pt;text-align:justify;text-indent:35.55pt"><font style="color:#262626;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">NOW, THEREFORE,</font><font style="color:#262626;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%"> </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11.5pt;font-weight:400;line-height:100%">effective as specified herein, the Plan is hereby amended as follows</font><font style="color:#262626;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#58;</font></div><div style="margin-bottom:12pt;padding-left:18pt;padding-right:18pt;text-align:center;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">1.</font></div><div style="margin-bottom:12pt;padding-left:5.15pt;text-align:justify;text-indent:35.75pt"><font style="color:#262626;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">The Plan is hereby amended by adding a new paragraph (g) to Section 4.3, as follows&#58;</font></div><div style="margin-bottom:12pt;padding-left:36pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">(g)&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:underline">Sequent</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">.</font></div><div style="margin-bottom:12pt;padding-left:108pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">(1)&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:100%">Cessation of Participation.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%"> Effective as of July 1, 2021, (i)&#160;Sequent Energy Management, LP and Sequent Energy Canada Corp. and their direct and indirect subsidiaries will cease to be affiliated companies of Southern Company Gas for purposes of determining Employin