Attached files
file | filename |
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EX-31.2 - EX-31.2 - CNA FINANCIAL CORP | c56164exv31w2.htm |
EX-32.2 - EX-32.2 - CNA FINANCIAL CORP | c56164exv32w2.htm |
EX-23.1 - EX-23.1 - CNA FINANCIAL CORP | c56164exv23w1.htm |
EX-21.1 - EX-21.1 - CNA FINANCIAL CORP | c56164exv21w1.htm |
EX-31.1 - EX-31.1 - CNA FINANCIAL CORP | c56164exv31w1.htm |
EX-32.1 - EX-32.1 - CNA FINANCIAL CORP | c56164exv32w1.htm |
EX-10.18 - EX-10.18 - CNA FINANCIAL CORP | c56164exv10w18.htm |
EX-10.17.2 - EX-10.17.2 - CNA FINANCIAL CORP | c56164exv10w17w2.htm |
EX-10.18.1 - EX-10.18.1 - CNA FINANCIAL CORP | c56164exv10w18w1.htm |
EX-10.17.1 - EX-10.17.1 - CNA FINANCIAL CORP | c56164exv10w17w1.htm |
10-K - FORM 10-K - CNA FINANCIAL CORP | c56164e10vk.htm |
EX-10.17 - EX-10.17 - CNA FINANCIAL CORP | c56164exv10w17.htm |
Exhibit 10.8.1
FIRST AMENDMENT TO THE
CNA SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
(As Restated Effective January 1, 2009)
CNA SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
(As Restated Effective January 1, 2009)
The CNA SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN, as restated by CNA Financial Corporation
effective January 1, 2009, is hereby amended as follows:
1. Effective on the date of execution of this Amendment, Section 3.3 is amended to read as
follows:
3.3 Withholding and Payroll Taxes. The Administrator shall withhold, or shall
direct the person making any payment to withhold, from payments made hereunder any taxes
required to be withheld from a Participants wages for the federal or any state or local
government. To the extent that benefits hereunder are subject to tax under the Federal
Insurance Contributions Act when they become payable, the payment of the Participants
benefit shall be accelerated to the extent necessary to pay the amount of such tax, plus any
federal, state or local income tax withholding required by reason of such acceleration
(including the income tax payable upon the amount of income tax withholding) in accordance
with Treasury Regulation §1.409A-3(j)(4)(vi), and the benefit subsequently payable to such
Participant pursuant to Section 2.5 shall be reduced by an amount equal to the benefit
payable under Section 2.5 multiplied by a fraction, the numerator of which is the amount of
such acceleration and the denominator of which is the lump sum value of the Participants
benefit on the date as of which the FICA tax is paid (or, if the Administrator elects to pay
a Pre-2005 Benefit as an annuity, each annuity payment will be reduced by the actuarial
equivalent of such reduction). The Administrator may, in its discretion, direct the
Participants Employer to withhold, all or a portion of such taxes from any other
compensation or other amounts payable to the Participant in lieu of accelerating payment of
the Participants benefit; provided that the Administrator shall not allow Participants to
pay such taxes to the Employer, or otherwise provide Participants, directly or indirectly,
with an election as to whether the Participants benefit shall be accelerated. The
Administrators determination of the amount to be withheld, and the manner of satisfying the
withholding obligation shall be final and binding on all parties.
2. Except as otherwise provided herein, the Plan shall remain in full force and effect.
IN WITNESS WHEREOF, this Amendment has been executed on behalf of CNA Financial Corporation
pursuant to the authority reserved under Section 5.1 of the Plan, this 23rd day of
December, 2009.
CNA FINANCIAL CORPORATION | ||
By: /s/ Thomas Pontarelli | ||
Thomas Pontarelli, Executive Vice President & | ||
Chief Administration Officer, Continental Casualty | ||
Company |