Retirement Benefits Policy For Employees

Exh. 10.1 Retirement Benefits Policy Administration - In order to be eligible for this Retirement Benefits Policy (the " Policy" ), the employee must meet the eligibility requirements stated below. The Compensation and Corporate Governance Committee (the " Committee" ) shall determine eligibility pursuant to the Policy and shall have full discretion to administer, make exception to and grant benefits according to the Policy. Retirement Eligibility ullet Age of at least 55. ullet Service with ENCY of at least five full years computed from starting date of employment. ullet A total of age and years of service ...