Exhibit 10.8(c)
THIRD AMENDMENT TO THE
ANTHEM DEFERRED COMPENSATION PLAN
Pursuant to rights reserved under Article VIII of the Anthem Deferred Compensation Plan (the “Plan”), Anthem Insurance
Companies, Inc. (the “Company”) hereby amends the Plan, effective January 1, 2006, as follows:
1. Section 5.2 of the Plan is hereby amended in its entirety as follows:
“5.2 Interest on Accounts . The Deferral Account of each Participant who terminated employment prior to
January 1, 2006 shall be credited with interest as provided in subsections (a)-(c) of this Section 5.2.
(a) Disability/Retirement/Survivor Interest . The Deferral Account of a Participant who has a Disability, attains
Retirement or dies while an Employee shall be deemed to bear interest from the date it was established through the
end of the quarter ending prior to the date distribution begins at a rate equal to 125% of the Declared Rate for each
Plan Year. Interest will be credited in the manner determined by the Committee from time to time in its sole discretion.
(b) Other Interest . The Deferral Account of a Participant who terminates employment with the Company other
than by reason of Retirement or death shall be deemed to bear interest from the date it was established to the end of
the quarter ending prior to the date distribution begins at the Declared Rate for each Plan Year. Interest will be
credited in the manner determined by the Committee from time to time in its sole discretion.
(c) Crediting of Interest . The Deferral Account of a Participant shall be credited with interest determined in
accordance with (b) above unless and until such time as (a) applies, at which time interest shall be redetermined. In
the event of Termination of Employment, interest shall be credited through the end of the calendar quarter in which
termination occurs.
The Deferral Account of each Participant who terminates employment on or after January 1, 2006 shall be
credited with earnings in acco