Attached files
file | filename |
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EX-23.2 - EX-23.2 - ANDEAVOR | d71156exv23w2.htm |
EX-31.2 - EX-31.2 - ANDEAVOR | d71156exv31w2.htm |
EX-31.1 - EX-31.1 - ANDEAVOR | d71156exv31w1.htm |
EX-32.1 - EX-32.1 - ANDEAVOR | d71156exv32w1.htm |
EX-32.2 - EX-32.2 - ANDEAVOR | d71156exv32w2.htm |
EX-10.4 - EX-10.4 - ANDEAVOR | d71156exv10w4.htm |
EX-10.8 - EX-10.8 - ANDEAVOR | d71156exv10w8.htm |
EX-21.1 - EX-21.1 - ANDEAVOR | d71156exv21w1.htm |
EX-23.1 - EX-23.1 - ANDEAVOR | d71156exv23w1.htm |
10-K - FORM 10-K - ANDEAVOR | d71156e10vk.htm |
Exhibit 10.13
AMENDMENT
NO. 1 TO THE
TESORO CORPORATION
RESTORATION RETIREMENT PLAN
TESORO CORPORATION
RESTORATION RETIREMENT PLAN
Pursuant to the authority of the undersigned, and the provisions of Section 7.6 thereof,
the Tesoro Corporation Restoration Retirement Plan (the Plan) is hereby amended in the following
respects only, effective as of January 1, 2010, except as otherwise stated herein:
Article III, Section 3.1, is hereby amended in its entirety to read as follows:
3.1 Distribution Dates.
Except in the event of death, the Participants Restoration Retirement Benefit shall be
calculated as of the first day of the month next following the month of the Participants
Retirement and shall commence on the first day of the seventh (7th) calendar month
beginning after the Participants Retirement. Benefits will continue to be paid on the first day of
each succeeding month. The last payment will be on the first day of the month in which the retired
Participant dies unless another form of payment is elected in accordance with Section 3.2. The
first payment shall include all amounts that would otherwise have been paid during the period
commencing on the first day of the month next following the month of the Participants Retirement
and ending on such payment date. In the event a Participants Separation from Service shall occur
prior to Retirement and such Participant has a vested interest in his Restoration Retirement
Benefit, distribution of such Participants Restoration Retirement Benefit shall commence on the
first day of the month next following the Participants earliest retirement commencement date under
the Retirement Plan (but not considering early commencement for a lump sum distribution); provided,
however, that if such date is not at least six (6) months after the Participants Separation of
Service, distribution shall be delayed until the first day after the end of the six (6)-month
period following the Participants Separation from Service. Benefits will continue to be paid on
the first day of each succeeding month. The last payment will be on the first day of the month in
which the Participant dies unless another form of payment is elected in accordance with Section
3.2. The first payment will include all amounts that would otherwise have been paid during the
period commencing on the first day of the month next following the month of the Participants
Retirement or, if applicable, earliest retirement commencement date (each of such dates referred to
below as the Determination Date) and ending on such payment date, together with interest, which
shall be calculated as of the Determination Date by using the interest rate set forth in Section
3.2 for purposes of determining the present value of a lump sum payment.
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IN WITNESS WHEREOF, and as conclusive evidence of the adoption of the foregoing
instrument comprising Amendment No. 1 to the Tesoro Corporation Restoration Retirement
Plan, the undersigned has caused these presents to be duly executed in the name and on behalf of
Tesoro Corporation this 24th day of February, 2010.
TESORO CORPORATION | ||||
By: | ||||
Name: | Susan A. Lerette | |||
Title: | SVP, Administration | |||
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