CENTRAL AND SOUTH WEST SYSTEM
SPECIAL EXECUTIVE RETIREMENT PLAN
(As Amended and Restated Effective January 1, 2009)
Purposes and Effective Date
1.1 Purpose . The Central and South West System Special Executive Retirement Plan is an
unfunded, nonqualified deferred compensation plan maintained to provide certain benefits for eligible employees
whose retirement benefits from the Retirement Plan (as defined below) are restricted due to limitations imposed
by provisions of the Internal Revenue Code or who are entitled to supplemental benefits under the terms of an
employment agreement between the eligible employee and a Participating Employer.
1.2 Effective Date . The Plan originally was adopted by Central and South West Corporation in
1979. It later was amended and restated effective as of July 1, 1997. This Plan is now amended and restated
effective as of January 1, 2009, except as otherwise provided.
The following terms shall have the meanings set forth in this Article II. Any undefined capitalized term in
this Plan shall have the meaning set forth in the Retirement Plan.
2.1 “ Accredited Service ” means the period of time taken into account under the terms of the
Retirement Plan for the purpose of computing a Retirement Plan benefit under the Final Average Pay Formula.
2.2 “ Actuarial Equivalence ” or “ Actuarially Equivalent ” will be determined using the assumptions
and methods that are used in connection with the Cash Balance Formula under the Retirement Plan, regardless of
whether the benefits under this Plan are determined under the Cash Balance Formula.
2.3 “ Administrator ” means American Electric Power Service Corporation.
2.4 “ Base Compensation ” means a Participant's regular base salary or base wage Earned through
the date of the termination of employment of the Participant with the Participating Employers. Base
Compensation shall be determined