SEC Contract Filing

Filing Date: 2016-03-03

Document Content:
<DOCUMENT>
<TYPE>EX-10.37
<SEQUENCE>16
<FILENAME>d88742dex1037.htm
<DESCRIPTION>EX-10.37
<TEXT>
<HTML><HEAD>
<TITLE>EX-10.37</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.37 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>UNIVAR USA INC. SUPPLEMENTAL RETIREMENT PLAN </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(As Amended and Restated Effective July&nbsp;1, 2004) </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>Eighth Amendment </U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, Univar USA Inc. (the &#147;Company&#148;) sponsors and maintains the Univar USA Inc. Supplemental Retirement Plan, as amended and
restated effective July&nbsp;1, 2004 and as thereafter amended (the &#147;Plan&#148;); and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Plan provides supplemental
retirement benefits to certain individuals who participate in the Univar USA Inc. Retirement Plan (other than Appendix T of such plan); and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Company also sponsors and maintains the Chemcentral Corporation Retirement Benefit Replacement Plan (&#147;Chemcentral
Plan&#148;); and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Chemcentral Plan provides supplemental retirement benefits to certain individuals who participate in
Appendix T of the Univar USA Inc. Retirement Plan; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Company desires to merge the Chemcentral Plan into the Plan (with the
Plan being the surviving plan) effective December&nbsp;31, 2008; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Company desires to clarify (and in the case of the
benefits under the Chemcentral Plan, amend) the timing of benefit distributions consistent with the requirements of Section&nbsp;409A of the Internal Revenue Code; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Company desires to amend the Plan to reflect the additional prior service credit granted to Richard Orth; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Company has the authority to amend the Plan pursuant to Section&nbsp;10 of the Plan and to amend the Chemcentral Plan pursuant to
Section&nbsp;5 of the Chemcentral Plan; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, effective December&nbsp;31, 2008, the Chemcentral Plan is hereby merged into the
Plan with the Plan being the surviving plan; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">FURTHERMORE, effective December&nbsp;31, 2008, the Plan is hereby amended as follows:
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1. The Plan is hereby amended to change the phrase &#147;as soon as practicable&#148; to read &#147;as soon as practicable (and in no
event later than 90 days)&#148; in each case where such phrase occurs. The foregoing does not apply to Appendix F where the phrase &#147;as soon as practicable&#148; is already followed by such parenthetical. </P>

<p Style='page-break-before:always'>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">2. Section&nbsp;1 of the Plan, <U>Purpose</U>, is hereby amended by adding the following
paragraph to the end thereof: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, to the extent set forth in Appendix F hereto, this Plan shall pay benefits to
certain individuals with accrued benefits under Appendix T of the Retirement Plan. Such individuals shall not accrue any benefits under portions of this Plan other than Appendix F, and only the provisions of Appendix F, the last paragraph of
Section&nbsp;8, and Sections 9 through 18 of this Plan shall apply to their benefits hereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">3. The last paragraph of Section&nbsp;3
of the Plan, <U>Participation</U>, is hereby amended in its entirety to read as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Notwithstanding any other
provision of the Plan to the contrary, no individual accruing (or with accrued) benefits under Appendix T of the Retirement Plan shall accrue a benefit or otherwise be a Participant in this Plan except as provided in Appendix F hereto. Any vested
benefits accrued under Appendix F shall be determined and paid in accordance only with the provisions of Appendix F, the last paragraph of Section&nbsp;8, and Sections 9 through 18 of this Plan, and not in accordance with any other provisions of the
Plan. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">4. The following sentence is added to the end of the first paragraph of Section&nbsp;5 that immediately follows Section&nb