If the Participant has been determined by the Company pursuant to the Company’s procedures to be a “specified employee” within the meaning of [Section 409A(a)(2)(B)(i)] of the Internal Revenue Code of 1986, as amended from time to time (the “Code”), the payments and benefits otherwise required to be provided to the Participant upon a Qualified Termination of Employment # in [Sections 5(a) and 5(c)])] above shall be deferred for six months following the Participant’s separation from service (or, if earlier, the date of the Participant’s death) and # welfare benefits other than medical and dental benefits in [Section 5(b)] above shall end on the earlier of the end of the Earned Benefit Period or the date that is two years after the end of the year in which the Qualified Termination of Employment occurs. Notwithstanding anything to the contrary in the Plan, all reimbursements and in-kind benefits provided under the Plan that are subject to Section 409A of the Code shall be made in accordance with the requirements of Section 409A of the Code, including, where applicable, the requirement that # any reimbursement is for expenses incurred during the Participant’s lifetime (or during a shorter period of time specified in the Plan); # the amount of expenses eligible for reimbursement, or in-kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; # the reimbursement of an eligible expense will be made no later than the last day of the calendar year following the year in which the expense is incurred; and # the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit. Any references to termination of employment or date of termination shall mean and refer to the date of the Participant’s “separation from service,” as that term is defined in Section 409A of the Code and Treasury regulation [[Section 1.409A-1(h)])]])].

Specified Employees Under Regulation ​. For purposes of the Participant has been determined byPlan, the Company pursuantterm “termination of employment” shall mean, with respect to the Company’s procedures to beany Award that constitutes a “specified employee”deferral of compensation within the meaning of [SectionSection 409A of the Internal Revenue Code, “separation from service” within the meaning of Section 409A of the Internal Revenue Code. Payment of any amount due a Participant after a termination of employment with the Company shall generally be made as soon as practical after such termination. However, if a Participant is a “specified employee” on the date of his or her termination of employment, as that term is defined under [[Sections 409A(a)(2)(A)(i) and 409A(a)(2)(B)(i)])]])] of the Internal Revenue Code of 1986, as amended from time to time (the “Code”), the payments and benefits otherwise required to be providedCode, then, to the Participant upon a Qualified Terminationextent necessary to avoid imposition of Employment # in [Sections 5(a)additional taxes and 5(c)])] aboveinterest under Section 409A of the Internal Revenue Code, any such payment shall be deferred for six months following the Participant’s separation from service (or, if earlier, the date of the Participant’s death) and # welfare benefits other than medical and dental benefits in [Section 5(b)] above shall endmade on the earlier of the end of the Earned Benefit Period or the date that is two yearsthe earliest of: # six (6) months after the endParticipant’s termination of employment, # the year inParticipant’s date of death, if applicable, or # such other earliest date for which the Qualified Termination of Employment occurs. Notwithstanding anythingsuch payment will not be subject to the contrary in the Plan, all reimbursementsconstructive receipt, interest, and in-kind benefits provided under the Plan that are subject to Section 409A of the Code shall be made in accordance with the requirementsadditional tax provisions of Section 409A of the Code, including, where applicable, the requirement that # any reimbursement is for expenses incurred during the Participant’s lifetime (or during a shorter period of time specified in the Plan); # the amount of expenses eligible for reimbursement, or in-kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; # the reimbursement of an eligible expense will be made no later than the last day of the calendar year following the year in which the expense is incurred; and # the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit. Any references to termination of employment or date of termination shall mean and refer to the date of the Participant’s “separation from service,” as that term is defined in Section 409A of the Code and Treasury regulation [[Section 1.409A-1(h)])]])].Internal Revenue Code.

Code Section 409A. For purposes of this Agreement, a “specified employee” within the meaning of [Section 409A(a)(2)(B)(i)] of the Internal Revenue Code of 1986, as amended from time to time (the “Code”), the payments and benefits otherwise required to be provided to the Participant upon a Qualified Termination of Employment # in [Sections 5(a) and 5(c)])] above shall be deferred for six months following the Participant’s separation from service (or, if earlier, the date of the Participant’s death) and # welfare benefits other than medical and dental benefits in [Section 5(b)] above shall end on the earlier of the end of the Earned Benefit Period or the date that is two years after the end of the year in which the Qualified Termination of Employment occurs. Notwithstanding anything to the contrary in the Plan, all reimbursements and in-kind benefits provided under the Plan that are subject to Section 409A of the Code shall be made in accordance with the requirements of Section 409A of the Code, including, where applicable, the requirement that # any reimbursement is for expenses incurred during the Participant’s lifetime (or during a shorter period of time specified in the Plan); # the amount of expenses eligible for reimbursement, or in-kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; # the reimbursement of an eligible expense will be made no later than the last day of the calendar year following the year in which the expense is incurred; and # the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit. Any references to termination of employment or date of termination shall mean and referwill be determined consistent with the rules relating to the date of the Participant’sa “separation from service,”service” as that term is defined in Section 409A of the Internal Revenue Code and Treasury regulationthe regulations thereunder (“[Section 409A]”). Notwithstanding anything else provided herein, to the extent any payments provided under this Agreement in connection with Participant’s termination of employment constitute deferred compensation subject to Section 409A, and Participant is deemed at the time of such termination of employment to be a “specified employee” under Section 409A, then such payment shall not be made or commence until the earlier of # the expiration of the six-month period measured from Participant’s separation from service from the Company or # the date of Participant’s death following such a separation from service; provided, however, that such deferral shall only be effected to the extent required to avoid adverse tax treatment to Participant including, without limitation, the additional tax for which Participant would otherwise be liable under Section 409A(a)(1)(B) in the absence of such a deferral. To the extent any payment under this Agreement may be classified as a “short-term deferral” within the meaning of [Section 409A], such payment shall be deemed a short-term deferral, even if it may also qualify for an exemption from [Section 409A] under another provision of [Section 409A]. Payments pursuant to this section are intended to constitute separate payments for purposes of [[Section 1.409A-1(h)2(b)(2)])]])]. of the Treasury Regulations.

Notwithstanding any other provision in this Plan to the Company’s procedures to be a “specified employee”contrary, if any payment or benefit under the Plan constitutes non-exempt “deferred compensation” within the meaning of [Section 409A(a)(2)(B)(i)]Code Section 409A, such payment, if due under the terms of the Internal RevenuePlan, shall be paid on the sixtieth (60th) day following the Qualified Termination of Employment; provided, however, that if a Participant is considered a “specified employee” of the Company for purposes of Code of 1986, as amended from time to time (the “Code”),Section 409A on the payments and benefits otherwise required to be provided to the Participant upondate of a Qualified Termination of Employment # in [Sections 5(a) and 5(c)])] aboveEmployment, any such payment or benefit that is otherwise due to the Participant as a result of such Participant’s “separation from service” within the meaning of Code Section 409A during the six-month period immediately following such “separation from service” shall be deferredaccumulated and paid to the Participant on the first day of the seventh month following such “separation from service” (“Delayed Payment Date”) to the extent necessary for six monthsthe Participant to avoid adverse tax consequences or additional taxes under Code Section 409A, provided that if the Participant dies prior to the payment of such amounts, such amounts shall be paid to the personal representative of his estate on the first to occur of the Delayed Payment Date or 10 days following the Participant’s separation from service (or, if earlier, the date of the Participant’s death) and # welfare benefits other than medical and dental benefits in [Section 5(b)] above shall end on the earlier of the end of the Earned Benefit Period or the date that is two years after the end of the year in which the Qualified Termination of Employment occurs. Notwithstanding anything to the contrary in the Plan, all reimbursements and in-kind benefits provided under the Plan that are subject to Section 409A of the Code shall be made in accordance with the requirements of Section 409A of the Code, including, where applicable, the requirement that # any reimbursement is for expenses incurred during the Participant’s lifetime (or during a shorter period of time specified in the Plan); # the amount of expenses eligible for reimbursement, or in-kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; # the reimbursement of an eligible expense will be made no later than the last day of the calendar year following the year in which the expense is incurred; and # the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit. Any references to termination of employment or date of termination shall mean and refer to the date of the Participant’s “separation from service,” as that term is defined in Section 409A of the Code and Treasury regulation [[Section 1.409A-1(h)])]])].death.

Notwithstanding anything contained in this Plan to the Company’s procedures to becontrary, if the participant is a “specified employee” (determined in accordance with 409A) as of the date of the participant’s termination of employment (other than due to the participant’s death), then any payment, benefit or entitlement provided for in this Agreement that constitutes “deferred compensation” within the meaning of [Section 409A(a)(2)(B)(i)] of409A] and that is payable during the Internal Revenue Code of 1986, as amended from time to time (the “Code”), the payments and benefits otherwise required to be provided to the Participant upon a Qualified Termination of Employment # in [Sections 5(a) and 5(c)])] above shall be deferred forfirst six months following the Participant’s separation from service (or, if earlier, the date of the Participant’participant’s death) and # welfare benefits other than medical and dental benefitstermination of employment shall be paid or provided to the participant in [Section 5(b)] above shall enda lump sum cash payment to be made on the earlier of # the endparticipant’s death or # the first business day (or within 30 days after such first business day) of the Earned Benefit Period orseventh calendar month immediately following the date that is two years after the end of the yearmonth in which the Qualified Termination of Employment occurs. Notwithstanding anything todate the contrary in the Plan, all reimbursements and in-kind benefits provided under the Plan that are subject to Section 409A of the Code shall be made in accordance with the requirements of Section 409A of the Code, including, where applicable, the requirement that # any reimbursement is for expenses incurred during the Participant’participant’s lifetime (or during a shorter period of time specified in the Plan); # the amount of expenses eligible for reimbursement, or in-kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; # the reimbursement of an eligible expense will be made no later than the last day of the calendar year following the year in which the expense is incurred; and # the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit. Any references to termination of employment or date of terminationoccurs. Amounts that would have been paid during the delay will be adjusted for earnings and losses in the manner determined by the Retirement Committee in its discretion and shall mean and refer tobe included in the date of the Participant’s “separation from service,” as that term is defined in Section 409A of the Code and Treasury regulation [[Section 1.409A-1(h)])]])].delayed payment.