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ARTICLE 1—PURPOSES | 1 | |||
ARTICLE II—DEFINITIONS | 1 | |||
2.1 Account | 1 | |||
2.2 Affiliates | 1 | |||
2.3 Aggregated Plan | 1 | |||
2.4 Asset Account | 1 | |||
2.5 Beneficiary | 2 | |||
2.6 Base Compensation | 2 | |||
2.7 Board | 2 | |||
2.8 Business Day | 2 | |||
2.9 Change in Control | 2 | |||
2.10 Closing Price | 4 | |||
2.11 Code | 4 | |||
2.12 Committee | 4 | |||
2.13 Common Stock | 4 | |||
2.14 Compensation | 4 | |||
2.15 Corporation | 4 | |||
2.16 Deferral Election | 4 | |||
2.17 Deferred Compensation | 4 | |||
2.18 Eligible Employee | 4 | |||
2.19 ERISA | 4 | |||
2.20 Exchange Act | 5 | |||
2.21 Incentive Compensation | 5 | |||
2.22 Investment Fund | 5 | |||
2.23 Participant | 5 | |||
2.24 Participation Agreement | 5 | |||
2.25 Plan | 5 | |||
2.26 Plan Year | 5 | |||
2.27 Retirement | 5 | |||
2.28 Separation from Service | 6 | |||
2.29 Stock Account | 6 | |||
2.30 Stock Credit | 6 | |||
2.31 Valuation Date | 6 | |||
ARTICLE III—PARTICIPATION | 6 | |||
3.1 Eligibility | 6 | |||
3.2 Participation | 6 | |||
3.3 Initial Year of Eligibility | 6 | |||
3.4 Deferral Elections | 7 | |||
ARTICLE IV—ACCOUNTS | 7 | |||
4.1 Accounts | 7 |
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4.2 Stock Accounts | 7 | |||
4.3 Asset Accounts | 8 | |||
4.4 Investment Funds | 8 | |||
4.5 Transfers Among Investment Funds and Between Accounts | 8 | |||
ARTICLE V—DISTRIBUTIONS | 8 | |||
5.1 Distributions upon Retirement | 9 | |||
5.2 Distributions upon Separation from Service (Other than Death) Prior to Retirement | 10 | |||
5.3 Small Accounts | 10 | |||
5.4 Time of Payment | 10 | |||
5.5 In-Service Distributions | 10 | |||
5.6 Accelerated Distribution | 11 | |||
5.7 Distribution upon Death | 12 | |||
5.8 Change in Control | 12 | |||
5.9 Withholding Taxes | 12 | |||
5.10 Disability | 12 | |||
ARTICLE VI—BENEFICIARY DESIGNATIONS | 13 | |||
6.1 Beneficiary Designation | 13 | |||
6.2 Amendments | 13 | |||
6.3 No Beneficiary Designation or Death of Beneficiary | 13 | |||
6.4 Effect of Payment | 13 | |||
ARTICLE VII—THE COMMITTEE | 13 | |||
7.1 Authority | 13 | |||
7.2 Elections, Notices | 14 | |||
7.3 Agents | 14 | |||
7.4 Binding Effect of Decisions | 14 | |||
7.5 Indemnity of Committee | 14 | |||
ARTICLE VIII—CLAIMS PROCEDURES | 14 | |||
8.1 Claim | 14 | |||
8.2 Denial of Claim | 14 | |||
8.3 Review of Claim | 15 | |||
8.4 Final Decision | 15 | |||
ARTICLE IX—SHARES AVAILABLE | 16 | |||
9.1 Number | 16 | |||
9.2 Adjustments | 16 | |||
ARTICLE X—MISCELLANEOUS | 16 | |||
10.1 Unfunded Plan | 16 |
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10.2 Non-alienation of Benefits | 17 | |||
10.3 Invalidity | 17 | |||
10.4 Governing Law | 17 | |||
10.5 Amendment, Modification and Termination of the Plan | 17 | |||
10.6 Successors and Heirs | 18 | |||
10.7 Status as Shareholders | 18 | |||
10.8 Rights | 18 | |||
10.9 Use of Terms | 18 | |||
10.10 Statement of Accounts | 18 | |||
10.11 Compliance with Laws | 18 | |||
10.12 Plan Construction | 18 | |||
10.13 Headings Not Part of Plan | 19 | |||
10.14 Extension of Plan to Affiliates. | 19 | |||
ARTICLE XI—CODE SECTION 409A | 19 | |||
11.1 Compliance with Code Section 409A | 19 | |||
11.2 Payments Upon Income Inclusion Under Code Section 409A | 19 |
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AMENDED AND RESTATED AS OF DECEMBER 15, 2008
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FIRSTMERIT CORPORATION | ||
By: | Christopher J. Maurer | |
Title: | Executive Vice President | |
Dated: | 12/16/2008 |
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