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Executive Life Insurance And Death Benefit Plan

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Sectors: Utilities
Effective Date: January 01, 2000
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EXHIBIT 10(iii)(d)


EDITION OF JANUARY 1, 2000


EXXONMOBIL EXECUTIVE LIFE INSURANCE AND
---------------------------------------
DEATH BENEFIT PLAN
------------------


Articles
--------
1. Participation and Coverage
2. Levels of Insurance Coverage
3. Payment of Benefit
4. Designation of Beneficiary
5. Miscellaneous


EXXONMOBIL EXECUTIVE LIFE INSURANCE AND
---------------------------------------
DEATH BENEFIT PLAN
------------------


1. Participation
-------------


1.1 Covered Executive
-----------------
Each covered executive is a participant in this Plan.
----------------- ----------- 1.2 Retiree
-------
(A) In General
----------
Except as provided in paragraph (B) below, each person who becomes a
retiree on or after the effective date, and who is a covered executive
------- -------------- -----------------
immediately prior to becoming a retiree is a participant in this Plan.
------- -----------
In addition, each grandfathered retiree is a participant in the Plan.
--------------------- -----------
(B) Exception
---------
A retiree will cease to be a participant during the time the retiree
------- ----------- -------
is a suspended retiree.
----------------- 1.3 Cessation of Participant Status
-------------------------------
(A) Termination of Employment
-------------------------
(1) In General
----------
Except as provided in paragraphs (2) through (4) below, a covered
-------
executive will cease to be a participant 31 days after the
--------- -----------
covered executive terminates employment without becoming a
-----------------
retiree.
-------
(2) Exception for Long Term Disability
----------------------------------
A covered executive who terminates employment with eligibility
-----------------
for long-term disability benefits under the ExxonMobil Disability
Plan, will cease to be a participant at the earlier of
-----------
(a) one year after terminating employment, or
(b) the date the person is no longer eligible for long-term
disability benefits on account of ceasing to be disabled.


(3) Exception for Coverage Provided Through Death Benefit
-----------------------------------------------------
If, at the time a covered executive terminates employment he or
-----------------
she has elected to receive executive life coverage in the form of
a death benefit, the covered executive will cease to be a
-----------------
participant on the date of such termination of employment.
-----------
(4) Exception for Transition Severance Terminees
--------------------------------------------
(a) In General
----------
A covered executive who terminates employment without
-----------------
becoming a retiree shall continue to be a participant for a
------- -----------
period of one year from the date of such termination of
employment, but only if the person is eligible for a benefit
under the Exxon Transition Severance Plan, or if the
Corporation, acting through its management, determines that
the covered executive is otherwise eligible for such
-----------------
continued participation.


(b) Termination of Provision
------------------------
This paragraph (4) shall not apply to any covered executive
-----------------
who terminates employment after August 31, 2000.


(B) Suspended Retirees
------------------
A retiree or grandfathered retiree will cease to be a participant
------- --------------------- -----------
during the time the person is a suspended retiree.
-----------------


2. Coverage
--------


2.1 When and How Coverage is Provided
---------------------------------
(A) In General
----------
(1) Executive Life Coverage
-----------------------
Executive life coverage is automatically provided to all
participants other than grandfathered retirees.
------------ ----------------------


2


(2) Supplemental Group Life Coverage
--------------------------------
Supplemental group life coverage is automatically provided to all
participants who are grandfathered retirees.
------------ ----------------------
(B) Life Insurance or Death Benefit Option
--------------------------------------
(1) In General
----------
Both executive life coverage and supplemental group life coverage
is automatically provided under the Plan as life insurance unless
a participant elects to receive coverage in the form of a death
-----------
benefit.
(2) Election
--------
Participants may, at any time, elect to receive executive life or
------------
supplemental group life coverage, whichever is applicable, as a
death benefit, and may revoke any such election. An election or
revocation under this paragraph (2) shall be made in accordance
with procedures established by the administrator.
-------------
(3) When Election is Effective
--------------------------
(a) Death Benefit
-------------
An election under paragraph (2) above to receive executive
life or supplemental group life coverage as a death benefit
shall become effective on the first of the month following
the receipt of such election by the administrator.
-------------
(b) Revocation of Election
----------------------
A participant's revocation of a death benefit election in
-------------
favor of receiving executive life or supplemental group life
coverage as life insurance becomes effective on the first of
the month following the date the administrator receives
-------------
notification from the insurer that the insurer has, in its
------- -------
discretion, approved evidence of insurability submitted by
the participant.
-----------


3


(4) Reinstatement of Coverage
-------------------------
If a participant's executive life or supplemental group life
-------------
coverage is reinstated after a period in which the participant
-----------
was ineligible for coverage under section 1.3(B) above on account
of becoming a suspended retiree, such coverage shall be
-----------------
reinstated under the option (i.e., life insurance or a death
benefit) in force at the time coverage was lost.


(C) Termination of Coverage
-----------------------
Executive life or supplemental group life coverage terminates for an
individual on the date the individual ceases to be a participant.
----------- 2.2 Amount of Benefit
-----------------
(A) Executive Life Coverage
-----------------------
(1) In General
----------
Except as provided in paragraph (2) below, the amount of
executive life coverage in effect for a participant is equal to
-----------
the applicable percentage determined under the following chart
multiplied by the participant's annual base pay:
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