Looking for an agreement? Search from over 1 million agreements now.

Bank One Corp. Supp. Savings & Investment Plan

This is an actual contract by Bank One.

Save time and money with our Premium Packages.
Buy all (8) recommended agreements for
$140.00 (50% savings)
Agreement Preview
Sectors: Banking
Governing Law: Illinois, View Illinois State Laws
Effective Date: January 01, 2000
Related Agreement Types:
Search This Document
EXHIBIT 10(F)


DRAFT
(3-13-00)


BANK ONE CORPORATION
SUPPLEMENTAL SAVINGS AND INVESTMENT PLAN
----------------------------------------


(As Amended and Restated Effective January 1, 2000)


BANK ONE CORPORATION
SUPPLEMENTAL SAVINGS AND INVESTMENT PLAN
----------------------------------------
(As Amended and Restated Effective January 1, 2000)


1. Purpose. The purpose of the BANK ONE CORPORATION Supplemental
------- Savings and Investment Plan ("Supplemental Plan") is to provide supplemental benefits to certain employees described in Section 3 below of BANK ONE CORPORATION, a Delaware corporation and any successors thereto (the "Corporation") and of its subsidiaries and related entities (each an "Employer"; collectively, the "Employers") who are participants in the BANK ONE CORPORATION Savings and Investment Plan ("SIP") and whose ability to make contributions to the SIP is limited by operation of Section 401(a)(17), 401(k)(3), 401(m), 402(g) or 415 of the Internal Revenue Code of 1986, as amended (the "Code") (which Code Sections, as used in this Supplemental Plan, shall include any comparable section or sections of any future legislation that amend, supplement or supersede those sections). This Supplemental Plan is an amendment and restatement of the First Chicago NBD Corporation Supplemental Savings and Investment Plan ("FCN Supplemental Plan") and the BANK ONE CORPORATION 401(k) Restoration Plan (the "BOC Supplemental Plan"), and is intended to be the Corporation's sole vehicle, effective January 1, 2000, for providing benefits that would otherwise be provided under the SIP but for the aforementioned limitations of the Code. The rights and benefits of any participant whose employment terminated prior to January 1, 2000 will be governed by the terms of the FCN Supplemental Plan or the BOC Supplemental Plan, as applicable, as in effect on the date of the participant's termination of employment.


2. Definitions. Unless the context clearly implies or indicates
----------- the contrary, a word, term or phrase used or defined in the SIP is similarly used or defined in the Supplemental Plan. The masculine pronoun whenever used herein is deemed to include the feminine and the singular shall be deemed to include the plural whenever the context requires.


3. Eligibility. A participant in the FCN Supplemental Plan or the
----------- BOC Supplemental Plan on December 31, 1999, who remains employed by an Employer on January 1, 2000 shall become a participant hereunder, and his account under either such plan shall be transferred to and become subject to the terms of the Supplemental Plan. Each other individual who, on or after January 1, 2000, is a participant in the SIP and whose contributions thereto are limited because of the application of Section 401(a)(17), 401(k)(3), 401(m), 402(g) or 415 of the Code shall be eligible to participate in the Supplemental Plan.


4. Participation. An individual eligible to participate pursuant
------------- to Section 3 above shall participate in the Supplemental Plan automatically pursuant to his election under the SIP and shall participate in the same manner with the same rights and under the same terms and conditions as his participation under the SIP, except as may otherwise be prescribed herein. The Committee or its designee shall notify each participant of his automatic participation.


5. Supplemental Benefit. An allocation shall be made to the
-------------------- Supplemental Plan account of a participant whenever the amount of Before-Tax Contributions and/or Matching Contributions that would have otherwise been made under the SIP on his behalf are limited by


operation of Section 401(a)(17), 401(k)(3), 401(m), 402(g) or 415 of the Code. Such allocation shall equal the amount of Before-Tax Contributions and/or Matching Contributions that are so limited, adjusted for the investment results attributable to such contributions had such contributions been invested in the Investment Funds in the same manner and proportions as contributions made on his behalf to the SIP were invested under the SIP.


6. Distribution of Account Balances- Normal Form. Except as
---------------------------------------------- provided in Sections 7, 8, 9 or 10 below, a participant's account hereunder shall be distributed in cash in one lump sum payment as soon as practicable after the close of the calendar year i
-- End of Preview --
Home| About Us| FAQ| Subscription | Contact Us |

Privacy Policy   Terms of Service  54.82.123.216