Exhibit 10.1
OLIN SENIOR EXECUTIVE PENSION PLAN
(Amended and Restated as of October 24, 2008)
Table of Contents
Page
Article I. The Plan
1
1.1 Establishment and Restatement of Plan
1
1.2 Purpose
1
1.3 Freeze of the Plan as of December 31, 2007
1
1.4 Code Section 409A
1
Article II. Eligibility
2
2.1 Participation
2
2.2 Transfer of Arch Employees and Reserves
2
Article III. Benefits
3
3.1 Benefit Formula
3
Article IV. Payment of Benefits
4
4.1 409A Participants
4
4.2 Grandfathered Participants
6
4.3 Surviving Spouse Benefit
7
4.4 Benefit Upon a Change in Control or 409A Change in Control
7
Article V. Funding
9
5.1 Unfunded Plan
9
5.2 Liability for Payment
9
5.3 No Guaranty of Payment
9
5.4 Anti-alienation
9
Article VI. Plan Administration
10
6.1 Plan Administrator
10
6.2 Powers, Duties and Responsibilities
10
6.3 Records and Reports
10
6.4 Appointment of Advisors
10
6.5 Indemnification of Members
11
6.6 409A Compliance
11
ARTICLE I. INTRODUCTION
1.1
Establishment and Restatement of Plan . Olin Corporation (the “Company” or “Olin”) hereby
amends and restates its Olin Senior Executive Pension Plan (the “Plan”). The Plan was originally adopted by
Olin’s Board of Directors on September 27, 1984, amended from time to time thereafter and is now amended
and restated, effective as of October 24, 2008. The provisions of this restated Plan are generally only applicable
to Participants in the employ of the Company on or after the effective date of such provisions. Participants who
terminated prior to that date (or the Surviving Spouses of such Participants) shall