Exhibit 10.7
CNA SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
Restated as of January 1, 2009
CNA SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
Table of Contents
ARTICLE I GENERAL PROVISIONS
1
1.1 Purpose
1
1.2 Effective Date
1
1.3 Company and Employers
1
1.4 Plan Year
1
1.5 Definitions and Rules of Construction
1
ARTICLE II ELIGIBILITY AND BENEFITS
4
2.1 Eligibility
4
2.2 Benefits
4
2.3 Vesting
5
2.4 Time and Form of Payment
6
2.5 Death Benefits
8
ARTICLE III PAYMENT OF BENEFITS
11
3.1 Source of Payment
11
3.2 Establishment of Trust
11
3.3 Withholding and Payroll Taxes
11
3.4 Payment on Behalf of Disabled or Incompetent Persons
11
3.5 Missing Participants or Beneficiaries
12
ARTICLE IV ADMINISTRATION
13
4.1 Plan Administrator
13
4.2 Administrator’s Powers
13
4.3 Binding Effect of Rulings
14
4.4 Claims Procedure
14
4.5 Indemnity
16
ARTICLE V AMENDMENT AND TERMINATION OF PLAN
17
5.1 Amendment
17
5.2 Termination
17
ARTICLE VI MISCELLANEOUS
18
6.1 Status of Plan
18
6.2 Nonassignability
18
6.3 No Contract of Employment
18
6.4 Participant Litigation
18
6.5 Participant and Beneficiary Duties
18
6.6 Governing Law
19
6.7 Validity
19
6.8 Notices
19
6.9 Successors
19
CNA SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
Table of Contents
CNA SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
ARTICLE I
GENERAL PROVISIONS
ARTICLE I GENERAL PROVISIONS
1
1.1 Purpose
1
1.2 Effective Date
1
1.3 Company and Employers
1
1.4 Plan Year
1
1.5 Definitions and Rules of Construction
1
ARTICLE II ELIGIBILITY AND BENEFITS
4
2.1 Eligibility
4
2.2 Benefits