Nicor Inc. Form 10-K Exhibit 10.22
First Amendment of Nicor Inc. Stock Deferral Plan
Pursuant to the resolution adopted by the Board of Directors of Nicor Inc. at its December 11, 1997 meeting,
the Nicor Inc. Stock Deferral Plan (the Plan) is hereby amended in the following particulars, effective as of
December 11, 1997:
1.By adding the following at the end of subsection 1.5 of the Plan:
"The committee may provide that Stock awards under the Plan will not be made under the 1989 Plan, but will
instead be made under the Nicor Inc. 1997 Long- Term Incentive Plan, and under any successor or other similar
plan maintained by the Company or its Subsidiaries, or any other plan designated by the Committee. If
distributions are made under a plan other than the 1989 Plan, then, for purposes of subsections 1.2 and 1.3 of the
Plan and to the extent applicable, definitions and eligibility that would otherwise be determined under the 1989
Plan shall instead be determined under the plan under which the distributions are made."
2.By substituting the clause "shall be irrevocable after the Election Period (subject to any applicable extension of
that period) for such award expires" for the clause" shall be irrevocable after the Election Period for such award
expires", where the latter clause appears in the first sentence of subsection 2.3 of the Plan.
3.By adding the following sentence at the end of subsection 2.4 of the Plan:
"Notwithstanding the foregoing, if the Performance Period is two years or longer, then the Election Period shall
end on December 31 of the calendar year prior to the final year of the Performance Period; provided, however,
that this sentence shall apply only with respect to Performance Periods that end after December 31, 1997."
4.By adding the following sentence at the end of subsection 3.1 of the Plan:
"Notwithstanding the foregoing provisions of this subsection 3.1, if final distribution of a Participant's Deferred
Stock Account occurs between a Stock dividend record date and St