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ARTICLE 1—PURPOSES | 1 | |||
ARTICLE II—DEFINITIONS | 1 | |||
2.1 Accounts | 1 | |||
2.2 Affiliates | 1 | |||
2.3 Aggregated Plan | 1 | |||
2.4 Asset Account | 1 | |||
2.5 Beneficiary | 2 | |||
2.6 Board | 2 | |||
2.7 Business Day | 2 | |||
2.8 Cash Account | 2 | |||
2.9 Closing Price | 2 | |||
2.10 Code | 2 | |||
2.11 Committee | 2 | |||
2.12 Common Stock | 2 | |||
2.13 Compensation | 2 | |||
2.14 Corporation | 3 | |||
2.15 Deferral Election | 3 | |||
2.16 Director | 3 | |||
2.17 Exchange Act | 3 | |||
2.18 Investment Fund | 3 | |||
2.19 Participant | 3 | |||
2.20 Participation Agreement | 3 | |||
2.21 Plan | 3 | |||
2.22 Plan Year | 3 | |||
2.23 Reamortization Date | 4 | |||
2.24 Separation from Service | 4 | |||
2.25 Stated Interest Rate | 4 | |||
2.26 Stock Account | 4 | |||
2.27 Stock Credit | 4 | |||
2.28 Valuation Date | 4 | |||
ARTICLE III—PARTICIPATION IN THE PLAN | 4 | |||
3.1 Eligibility | 4 | |||
3.2 Participation | 4 | |||
3.3 Initial Year of Eligibility | 5 | |||
3.4 Deferral Elections | 5 | |||
ARTICLE IV—ACCOUNTS | 5 | |||
4.1 Crediting Accounts | 5 | |||
4.2 Cash Account | 5 | |||
4.3 Stock Account | 5 |
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4.4 Asset Account | 6 | |||
4.5 Transfers Among Investment Funds and Between Accounts | 6 | |||
ARTICLE V—DISTRIBUTIONS | 8 | |||
5.1 Distributions upon Separation from Service (Other Than Death) | 8 | |||
5.2 Distributions from Cash Accounts and Asset Accounts | 8 | |||
5.3 Distributions from Stock Accounts | 8 | |||
5.4 Small Accounts | 9 | |||
5.5 In-Service Distributions | 9 | |||
5.6 Accelerated Distribution | 10 | |||
5.7 Distribution upon Death | 11 | |||
ARTICLE VI—BENEFICIARY DESIGNATION | 11 | |||
6.1 Beneficiary Designation | 11 | |||
6.2 Amendments | 11 | |||
6.3 No Beneficiary Designation or Death of Beneficiary | 11 | |||
6.4 Effect of Payment | 12 | |||
ARTICLE VII—THE COMMITTEE | 12 | |||
7.1 Authority | 12 | |||
7.2 Elections, Notices | 12 | |||
7.3 Agents | 12 | |||
7.4 Binding Effect of Decisions | 12 | |||
7.5 Indemnity of Committee | 12 | |||
ARTICLE VIII—SHARES AVAILABLE | 12 | |||
8.1 Number | 12 | |||
8.2 Adjustments | 13 | |||
ARTICLE IX—MISCELLANEOUS | 13 | |||
9.1 Unfunded Plan | 13 | |||
9.2 Non-alienation of Benefits | 13 | |||
9.3 Invalidity | 14 | |||
9.4 Governing Law | 14 | |||
9.5 Amendment, Modification and Termination of the Plan | 14 | |||
9.6 Successors and Heirs | 14 | |||
9.7 Status as Shareholders | 14 | |||
9.8 Rights | 14 | |||
9.9 Use of Terms | 14 | |||
9.10 Statement of Accounts | 15 | |||
9.11 Compliance with Laws | 15 | |||
9.12 Plan Construction | 15 |
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9.13 Headings Not Part of Plan | 15 | |||
9.14 Extension of Plan to Affiliates | 15 | |||
ARTICLE X—CODE SECTION 409A | 15 | |||
10.1 Compliance with Code Section 409A | 15 | |||
10.2 Payments Upon Income Inclusion Under Code Section 409A | 16 |
(iii)
AMENDED AND RESTATED AS OF DECEMBER 15, 2008
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FIRSTMERIT CORPORATION | ||||||
By: | /s/ Christopher J. Maurer | |||||
Its: | Executive Vice President | |||||
Dated: | 12/16/2008 |
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