EXHIBIT 10.55
EXHIBIT 1 to AMENDMENT NO. 1 TO SALARY CONTINUATION AGREEMENT
THOMAS LEON SOMMER
December 31, 2012 Retirement; January 31, 2013 First Payment Date
(1) The first line reflects 11 months of data, February 2005 to December 2005.
(2) The benefit amount includes a 3.00% nonguaranteed inflator during the payout period.
* The purpose of this hypothetical illustration is to show the participant’s annual benefit based on various
termination assumptions. Actual benefits are based on the terms and provisions of the plan agreement
executed between the company and participant and may differ from those shown.
Birth Date: 2/23/1948
Early Retirement
Early Involuntary
Disability
Change of
Control
Plan Anniversary Date: 1/1/2006
Normal Retirement: 12/31/2012 Age 64
Monthly Installment
Termination
Monthly
Installments
Lump Sum Payable
Normal Retirement Payment: Monthly for 15
years
Payable at
Termination
Lump Sum Payable at
Payable at
Termination
at
for 15 Years
Normal Retirement
Date
for 15 Years
Termination
Period
Ending
Discount
Rate
Benefit
Level (2)
Accrual
Balance
Vesting
Based on
Accrual
Vesting
Based on
Accrual
Vesting
Based on
Accrual
Vesting
Based on
Accrual
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
Dec 2005
(1)
6.25% 10,000
8,958
20%
184
0% —
100%
922
100% 97,190
Dec 2006
6.25% 10,000
19,332
40%
796
0% —
100% 1,989
100% 97,190
Dec 2007
6.25% 10,000
30,373
60% 1,875
0% —
100% 3,125
100% 97,190
Dec 2008
6.25% 10,000
42,124
70% 3,034
20% 10,811
100% 4,334
100% 97,190
Dec 2009
6.25% 10,000