SUPPLEMENTAL RETIREMENT PLAN FOR OFFICERS
(as amended through June 11, 2010)
SECTION 1 — INTRODUCTION
1.1 SNAP-ON INCORPORATED SUPPLEMENTAL RETIREMENT PLAN FOR OFFICERS (the “Plan”) was originally
established by Snap-on Incorporated for the benefit of eligible employees of that corporation and its subsidiaries that adopted
the Plan with that corporation’s consent (1/28/94, effective 4/22/94). The Plan is intended to constitute an unfunded “excess
benefit plan” as defined in Section 3(36) of the Employee Retirement Income Security Act of 1974 (“ERISA”) and an unfunded
Plan maintained primarily for the purpose of providing deferred compensation for a select group of management or highly
compensated employees as defined in Section 201(2) of ERISA (6/28/91) and is intended to comply with the requirements of
section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and the guidance and regulations issued under it.
Benefits payable from the Plan will be paid solely from the general assets of the Corporation or other employers under the Plan.
1.2 Effective Date . The “effective date” of the Plan as originally set forth was August 26, 1983, an amended version was
effective January 1, 2001, except that the provisions relating to Elections were effective December 31, 2000, and the amended
version set forth below is effective January 1, 2009 (except as specifically provided otherwise below).
1.3 Employers . The term “Corporation” means Snap-on Tools Corporation until such date that name “Snap-on Tools
Corporation” is changed to “Snap-on Incorporated” by shareholder approval, and on such date “Corporation” shall mean Snap-
on Incorporated or any successor thereto. The Corporation and any subsidiary of the Corporation which adopts the Plan with
the consent of the Corporation is referred to herein individually as an “employer” and collectively as the “employers” (1/28/94,
1.4 Purpose . The Plan has been established to supplement