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Long Term Disability Restoration Plan

This is an actual contract by First Chicago Nbd.
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Sectors: Banking
Effective Date: January 01, 1994
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Section 1 - Effective Date

This Plan is effective as of January 1, 1994.

Section 2 - Purpose

The principal purpose of this Plan is to provide for the payment of certain long-term disability benefits to certain officers of NBD Bancorp, Inc., and its affiliated corporations (hereinafter "NBD") in excess of (a) the limitations on benefits imposed by Section 505(b)(7) of the Internal Revenue Code of 1986, as amended, (hereinafter the "Code") and (b) the limitation on the maximum monthly benefit contained in the NBD Bancorp, Inc. Long-Term Disability Plan (hereinafter the "LTD Plan"). This Plan is established to insure that the total long-term disability benefits of all totally disabled officers of NBD entitled to receive benefits under the LTD Plan can be determined on the same basis.

Section 3 - Administration

(a) This Plan shall be administered by the Compensation Committee of the Board of Directors of NBD as an unfunded plan. The Compensation Committee's decisions in all matters involving the interpretation and application of this Plan shall be conclusive.
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