Exhibit 10.28
OWENS CORNING
EXECUTIVE SUPPLEMENTAL BENEFIT PLAN
2009 Restatement
This 2009 Restatement of the Executive Supplemental Benefit Plan, as amended and restated effective as of January 1, 2009,
provides individuals participating in the Plan with the full retirement benefits which they would have accrued under the
Retirement Plan by reason of their employment with the Company, which cannot be paid from the Retirement Plan due to the
limits placed on the payment of such benefits by the Internal Revenue Code of 1986, as amended.
I. DEFINITIONS
II. PLAN PARTICIPATION
Any individual who participates in the Retirement Plan and accrues benefits thereunder which cannot be paid because of the
application of Code section 401(a)(17) or 415 shall be a Participant in the Plan. A Participant becomes initially eligible to
participate in the Plan as of the first day of the Plan year immediately following the first year in which the Participant accrues a
benefit under the Plan. An initial election with respect to the timing and form of the benefit under the Plan shall then be made
within 30 days after that date and shall be applicable to all accrued amounts including those accrued in the year immediately
preceding the year in which the election is made. For those participant for which the initial election rule does not apply they
shall be deemed to have elected the default timing and form of benefits and receive payment of their benefits upon separation
from service in the form of a lump sum payment.
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III. BENEFITS
IV. PAYMENT OF SUPPLEMENTAL BENEFITS
1.1 “Actuarial Equivalent” shall mean the method of determining benefit equivalence, as defined in the Retirement Plan.
1.2 “Administrator” shall mean such person as has been designated from time to time as the Administrator of the Retirement
Plan.
1.3 “Board of Directors” shall mean the Board of Directors of Owens Corning.
1.4 “Code” shall mean the Internal Revenue Cod