Exhibit 10.7

ENERGIZER HOLDINGS, INC.

EXECUTIVE SAVINGS INVESTMENT PLAN

(effective July 1, 2015)

INTRODUCTION

WHEREAS, on July 1, 2015, Edgewell Personal Care Company (f/k/a Energizer Holdings, Inc.) (“Parent”) separated its household products business from its personal care business by means of a spin-off of a newly formed subsidiary named Energizer SpinCo, Inc. (“Spinco” or “Company”), which owns the household products business, in accordance with that certain Separation and Distribution Agreement by and between the Parent and the Spinco (“Spin-Off”);

WHEREAS, in the Spin-Off, the Parent distributed pro rata to the holders of the Parent common stock 100% of the outstanding shares of the Spinco’s common stock;

WHEREAS, in connection with the Spin-Off, the Parent was renamed from “Energizer Holdings, Inc.” to “Edgewell Personal Care Company,” and Spinco was renamed from “Energizer SpinCo, Inc.” to “Energizer Holdings, Inc.;”

WHEREAS, Parent previously established the Energizer Holdings, Inc. Executive Savings Investment Plan (“Prior Grandfathered Plan”), to provide retirement benefits for eligible employees;

WHEREAS, the portion of each participant’s account under the Prior Grandfathered Plan that was earned and vested as of December 31, 2004, was frozen, except for adjustments for earnings and losses, and credited to a separate subaccount (“Prior Grandfathered Account”) to be administered in accordance with the terms of the Prior Grandfathered Plan as in effect on October 3, 2004 and the federal income tax law in effect prior to the enactment of Section 409A;

WHEREAS, the portion of each participant’s account earned or vested on or after January 1, 2005 was credited to a separate subaccount (“Prior Non-Grandfathered Account”) and was governed by the terms of the 2009 Restatement of the Energizer Holdings, Inc. Executive Savings Investment Plan and subsequent amendments thereto and by the amendment and restatement thereto effective January 1, 2015 (“Prior Plan”);

WHEREAS, the Company desires to adopt a new plan known as the Energizer Holdings, Inc. Executive Savings Investment Plan (“Plan”) effective July 1, 2015 (“Effective Date”), subject to the completion of the Spin-Off; and

WHEREAS, the Company shall be responsible for the payment of all liabilities and obligations for benefits unpaid with respect to all Prior Grandfathered Account balances of the individuals designated on Appendix I as the Company’s employees and former employees under the Prior Grandfathered Plan, and such balances shall be administered in accordance with the terms of the Prior Grandfathered Plan;

NOW, THEREFORE, effective July 1, 2015, contingent on the Spin-Off, the Company hereby adopts the Plan as follows, and the Prior Non-Grandfathered Account balances of the individuals designated on Appendix I as the Company’s employees and former employees under the Prior Plan are hereby converted into account balances under this Plan:

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ENERGIZER HOLDINGS, INC.

EXECUTIVE SAVINGS INVESTMENT PLAN

(effective July 1, 2015)

The Plan is maintained for a select group of management or highly compensated employees and, therefore, it is intended that the Plan will be exempt from Parts 2, 3 and 4 of Title I of ERISA. The Plan is not intended to qualify under Code Section 401. The Plan is intended to comply with the requirements of Code Section 409A.

I. DEFINITIONS

Capitalized terms used herein that are not defined herein shall have the same meaning as specified in the Energizer 401(k) Plan unless the context unambiguously requires otherwise.

1.1 “Account” means the bookkeeping account that is credited with Deferred Compensation Contributions, Company Matching Contributions and earnings and losses on such amounts as provided in Section 3.3.

1.2 “Affiliated Company” means those domestic corporations in which Energizer Holdings, Inc. owns, directly or indirectly, 50% or more of the voting stock, or any other entity so designed by the Committee.

1.3 “Beneficiary” means any person or persons (natural or otherwise) designated as such by a Participant on such forms and in such manner acceptable to the Committee; provided however, that a beneficiary designation form shall be effective only when the form is submitted in writing by the Participant and received by the Committee and such beneficiary designation form shall cancel any and all beneficiary designation forms previously signed and filed by the Participant. The beneficiary designation, if any, in effect under the Prior Plan immediately prior to the Spin-Off with respect to Participants listed on Appendix I shall be recognized under this Plan and shall be deemed the Participant’s valid Beneficiary designation hereunder, subject to permitted changes as described herein.

1.4 “Board” means the Board of Directors of the Company.

1.5 “Cause” means willful breach or failure by the Participant to perform his or her employment duties.

1.6 “CEO” means the Chief Executive Officer of the Company.

1.7 “Change of Control” means a change of control of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), whether or not the Company is then subject to such reporting requirement; provided that, without limitation, such a Change of Control shall be deemed to have occurred if:

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1.8 “Code” means the Internal Revenue Code of 1986, as amended.

1.9 “Committee” means the Energizer Benefits Committee, its designee, or any successor to such Committee.

1.10 “Company” means Energizer Holdings, Inc.

1.11 “Company Matching Contributions” means the amount of contributions made in accordance with Section 3.2.

1.12 “Compensation” means Compensation as defined under the SIP.

1.13 “Controlled Group” means all corporations or business entities that are, along with the Company, members of a controlled group of corporations or businesses, as defined in Code Sections 414(b) and 414(c), except that the language “at least 50 percent” is used instead of “at least 80 percent” in applying the rules of Code Sections 414(b) and 414(c).

1.14 “Deferred Compensation Contributions” means the amount of deferrals credited in accordance with Section 3.1.

1.15 “Disability” means a finding by the Committee of a Participant’s permanent and total disability.

1.16 “Employee” means a person employed by the Company or an Affiliated Company and who is one of a select group of management or highly-compensated employees.

1.17 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended.

1.18 “Good Reason” means any of the following: assignment of duties inconsistent with the Employee’s status or diminution in status or responsibilities from that which existed prior to the Change of Control; reduction in the Employee’s annual salary; failure of the acquiror to pay any bonus award to which the Employee was otherwise entitled, or to offer the Employee incentive compensation, stock options or other benefits or perquisites which are offered to similarly situated employees of the acquiror; relocation of the Employee’s primary office to a location greater than fifty (50) miles from his or her existing office; any attempt by the acquiror to terminate the Employee’s employment in a manner other than as expressly permitted by the Change of Control agreement(s); or the failure by the acquiror to expressly assume the Company’s obligations under the Change of Control agreement(s).

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1.19 “Grandfathered Account” means the vested portion of a Participant’s Account as of December 31, 2004, as adjusted for earnings or losses, as determined under the Prior Grandfathered Plan.

1.20 “Non-Grandfathered Account” means (i) the portion of a Participant’s Account that became vested on or after January 1, 2005, as adjusted for earnings and losses, as determined under the Prior Plan, (ii) contributions for periods on or after January 1, 2005 until the date of the Spin-Off, as adjusted for earnings and losses, as determined under the Prior Plan, and (iii) contributions for periods on or after the Effective Date, as adjusted for earnings and losses, as determined under this Plan.

1.21 “Participant” means an Employee who is deferring, or an Employee or former Employee who has deferred, Compensation pursuant to Article III of the Plan. In addition, Participant means any current or former employee of the Company or its subsidiaries whose name is listed on Appendix I hereto, to the extent an Account is credited with Prior Amounts on behalf of such individual under this Plan as set forth herein.

1.22 “Plan” means the Energizer Holdings, Inc. Executive Savings Investment Plan, as amended from time to time.

1.23 “Prior Amounts” means amounts credited to the Plan in accordance with Section 3.3.

1.24 “Prior Grandfathered Plan” has the meaning ascribed thereto in the Introduction.

1.25 “Prior Plan” has the meaning ascribed thereto in the Introduction.

1.26 “Retirement” means Termination of Employment at or after age 55 with 10 years of service.

1.27 “SIP” means the Energizer 401(k) Plan, as amended from time to time.

1.28 “Spin-Off” shall have the meaning ascribed thereto in the Introduction.

1.29 “Termination of Employment” means termination of employment from the Controlled Group, as determined in accordance with rules set forth in IRS regulations under Code Section 409A (generally a decrease in the performance of services to no more than 20% of the average for the preceding 36-month period); provided, however, to the extent permitted by the regulations issued under Code Section 409A, a “Termination of Employment” does not occur if a Participant is on a military leave, sick leave or other bona fide leave of absence granted by the Company or an Affiliated Company. For the avoidance of doubt, no Participant shall be treated as incurring a Termination of Employment, separation from service, retirement or other similar event for purposes of determining the right to distribution, vesting, benefits, or any other purpose under the Plan as a result of the Spin-Off.

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1.30 “Valuation Date” means December 31 of each Year.

1.31 “Year” means a calendar year.

II. ELIGIBILITY AND PARTICIPATION

2.1 Prior Participants. An Employee who is listed on Appendix I hereto, and who is an Employee on July 1, 2015, shall be a Participant in the Plan on July 1, 2015, subject to the termination provisions of Section 2.5.

2.2 Other Employees. An Employee who is not covered under Section 2.1 shall be eligible to participate in the Plan if he or she is designated by the CEO as eligible to participate in the Plan.

2.3 Initial Enrollment. In the case of a Participant who first becomes eligible to participate in this Plan during a Year, an election to defer Compensation in accordance with Section 3.1 may be made within 30 days after the date the Employee first becomes eligible to participate in the Plan, provided that the Employee has not previously become eligible to participate in any other nonqualified account balance plan maintained by the Company (as defined in Treasury Regulation Section 1.409A-1(c)(2)(i)(A)) or in the Prior Plan, with respect to Compensation paid for services to be performed subsequent to the election, which shall be irrevocable during such initial year of participation. With respect to Compensation which is earned based upon a specified performance period, such as an annual bonus, such initial election shall apply only to the portion of such Compensation equal to the total amount of Compensation for the performance period multiplied by the ratio of the number of days remaining in the performance period after the election over the total number of days in the performance period.

2.4 Annual Deferral Elections. An election by a Participant to defer Compensation for a Year must be submitted to the Committee no later than the December 31^st immediately preceding such Year in accordance with the rules and procedures established by the Committee. A deferral election made by a Participant is effective for an entire Year, and cannot be increased or decreased during such Year.

2.5 Termination of Coverage. A Participant (including a Participant listed on Appendix I) shall no longer be eligible to participate in the Plan including the right to defer Compensation pursuant to the Plan, effective as of the first payroll period beginning after the earlier of the following dates:

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Such Participant shall continue to be a Participant in the Plan for all other purposes until distribution of his or her Account.

III. CONTRIBUTIONS

3.1 Deferrals into the Plan. A Participant may elect to reduce the amount of Compensation that the Participant would otherwise receive and defer up to 20% percent of such Compensation each Year. Deferral elections under the Plan may not be revoked except in the case of Termination of Employment. No after-tax deferrals are permitted under the Plan. On the date of the Spin-Off, all deferral elections in effect under the Prior Plan with respect to Participants listed on Appendix I hereto shall transfer to, be recognized as a deferral election by and remain in effect for the year or other applicable period to which it relates under this Plan.

3.2 Company Matching Contributions. After each Year, the Company shall credit a Participant’s Account with a Company Matching Contribution in an amount equal to (i) 100% of the first 6% of such Participant’s Compensation deferred under both the SIP (including Catch-Up Contributions) and pursuant to Section 3.1, reduced by (ii) the matching contributions credited to the Participant’s SIP account for such Year; provided however,

3.3 Participants’ Accounts.

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IV. VESTING OF CONTRIBUTIONS

4.1 Vesting of Deferred Compensation. Each Participant shall be vested at all times in the amounts credited to his or her Account attributable to his or her Deferred Compensation Contributions, and earnings thereon.

4.2 Vesting of Company Matching Contributions. A Participant shall be vested in the amounts credited to his or her Account attributable to Company Matching Contributions and earnings thereon as follows:

Prior service recognized for vesting purposes under the Prior Plan as of the date of the Spin-Off shall be counted as service for vesting under this Plan. Matching contributions credited as Prior Amounts shall be subject to the foregoing vesting provisions, provided that periods of service (as determined under the Prior Plan) shall be included for purposes of determining Periods of Service under this Plan with respect to such Prior Amounts.

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V. DISTRIBUTIONS

5.1 Time of Distribution to Participant. The vested portion of the Participant’s Account shall be paid (or commence to be paid in the case of installment payments) on the sixth month anniversary of the date of such Participant’s Termination of Employment.

5.2 Distribution Upon Death. In the event of the Participant’s death, the Participant’s Account shall be paid to the Participant’s Beneficiary. In the event the Participant has not designated a Beneficiary or the Beneficiary so designated predeceases the Participant, then benefits shall be paid to the Participant’s estate or as provided by law. If distribution of benefits has not already commenced pursuant to Section 5.1, distribution of benefits shall commence no later than 90 days following the Participant’s death, provided that Beneficiary may not designate the calendar year in which distribution will be made. The Committee reserves the right to review and approve Beneficiary designations.

5.3 Amount to be Distributed. At the time of distribution set forth in Sections 5.1 or 5.2, the Company shall distribute the vested portion of the Participant’s Account. Earnings on the vested portion of a Participant’s Account shall be credited to the Participant’s Account for the period between the most recent Valuation Date and the date of distribution of the Account.

5.4 Form of Distribution. The distribution of a Participant’s Account pursuant to this Article V shall be made in the form of payment elected by the Participant in his or her Initial Deferral Election and shall be in the form of a single lump payment, five annual installments or ten annual installments. A Participant shall be permitted to change the form of distribution initially elected provided that (i) such election or change is made at least twelve (12) months prior to the date the first distribution is to be made, and (ii) the new benefit commencement date is at least five (5) years after the first distribution would otherwise be made, and (iii) the new election is not effective until twelve (12) months after the date the new election is made. No participant may change the form of payment initially elected more than once. For purposes of subsequent changes in the time and form of payment under Code Section 409A, the right to the series of installment payment is to be treated as the right to a single payment. In the event of the death of a Participant, benefits will be distributed to the Beneficiary in the form elected by the Participant.

Notwithstanding anything to the contrary, Prior Amounts shall be distributed at the time and in the manner and form as determined under the Prior Plan as of the Spin-Off. Distribution elections effective under the Prior Plan as of the Spin-Off with respect to Participants listed on Appendix I shall be recognized under this Plan, subject to permitted modifications described herein and otherwise permitted by the Committee. For the avoidance of doubt, Grandfathered Accounts will be administered in accordance with the terms and conditions of the Prior Grandfathered Plan, including with respect to the time and form of distribution.

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5.5 Withdrawals and Loans.

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VI. FORFEITURES

6.1 Time of Forfeiture. Any amount of Company Matching Contributions or matching contributions included in Prior Amounts from the Prior Plan in which a Participant is not vested shall be forfeited upon the Participant’s Termination of Employment.

VII. AMENDMENT AND ADMINISTRATION OF THE PLAN

7.1 Power to Amend or Termination Plan. The power to amend or modify the Plan at any time is reserved to the Committee, provided that, no amendment or modification may affect the terms of any deferral of Compensation deferred prior to the effective date of such amendment or modification without the consent of the Participant or Beneficiary affected thereby. The Committee may terminate the Plan, and distribute all vested accrued benefits, subject to the restrictions set forth in Treas. Reg. §1.409A-3(j)(4). A termination of the Plan must comply with the provisions of Code Section 409A and the regulations and guidance promulgated thereunder, including, but not limited to, restrictions on the timing of final distributions and the adoption of future deferred compensation arrangements.

7.2 Administration of the Plan. The Committee shall administer the Plan in its sole discretion and, in connection therewith, shall have full power to construe and interpret the Plan; to establish rules and regulations; to delegate responsibilities to others to assist it in administering the Plan or performing any responsibilities hereunder; and to perform all other acts it believes reasonable and proper in connection with the administration of the Plan.

The interpretation of the Plan or other action of the Committee made in good faith in its sole discretion shall be subject to review only if such an interpretation or other action is without a rational basis. Any review of a final decision or action of the Committee shall be based only on such evidence presented to or considered by the Committee at the time it made the decision that is the subject of the review. The Company and any Affiliated Company whose Employees are covered by the Plan and any Employee who is or may be covered by the Plan hereby consent to actions of the Committee made in its sole discretion and agree to be bound by the narrow standard of review prescribed in this Section.

VIII. MISCELLANEOUS

8.1 Company’s Obligations Unfunded. All benefits due a Participant or Beneficiary under the Plan are unfunded and unsecured and are payable out of the general funds of the Company or Affiliated Company. The Company, in its sole and absolute discretion, may establish a grantor trust for the payment of benefits and obligations hereunder, the assets of which shall be at all times subject to the claims of creditors of the Company or the respective Affiliated Company for which the Participant was employed when contributions were made for such Participant as provided for in such trust, provided that such trust does not alter the characterization of the Plan as an unfunded plan for purposes of ERISA. Such trust shall make distributions in accordance with the terms of the Plan.

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8.2 No Right to Continued Employment. Neither the establishment of the Plan nor the payment of any benefits thereunder nor any action of the Company, any Affiliated Company, the Board, or the Committee shall be held or construed to confer upon any person any legal right to be continued in the employ of the Company or an Affiliated Company.

8.3 Non-Alienation of Benefits. No right or benefit under the Plan shall be subject to anticipation, alienation, sale, assignment, pledge, encumbrance, or charge, and any attempt to anticipate, alienate, sell, assign, pledge, encumber, or change any right or benefit under this Plan shall be void. No right or benefit hereunder shall in any manner be liable for or subject to the debts, contracts, liabilities or torts of the person entitled to such benefits. If the Participant or Beneficiary becomes bankrupt, or attempts to anticipate, alienate, sell, assign, pledge, encumber, or change any right hereunder, then such right or benefit shall, in the discretion of the Committee, cease and terminate, and in such event, the Committee may hold or apply the same or any part thereof for the benefit of the Participant or Beneficiary, spouse, children, or other dependents, or any of them in such manner and in such amounts and proportions as the Committee may deem proper. Notwithstanding anything in this Section to the contrary, the Committee may comply with a qualified domestic relations order as defined in Code section 414(p); provided however, that for purposes of this Section 8.3, the provisions of Code section 414(p)(9) shall be disregarded and shall have no force and effect in applying the provisions of Code section 414(p). Anything contained herein to the contrary notwithstanding, benefits payable from the Plan under this Section 8.3 to an alternate payee pursuant to a qualified domestic relations order shall be paid only in the form of a lump sum payment as soon as practicable after the order is determined to constitute a qualified domestic relations order. The Committee may establish procedures similar to those described in Code sections 414(p)(6) and (7), in lieu of the procedures set forth in Code sections 414(p)(6) and (7), for evaluating domestic relations orders and for handling benefits while domestic relations orders are being evaluated.

8.4 Address of Participant or Beneficiary. A Participant shall keep the Committee apprised of the Participant’s current address and that of any Beneficiary at all times during participation in the Plan. At the death of a Participant, a Beneficiary who is entitled to receive payment of benefits under the Plan shall keep the Committee apprised of such Beneficiary’s current address until the entire amount to be distributed has been paid.

8.5 Taxes. The Company shall satisfy any federal, state, or local tax withholding obligation from any payment due hereunder. The Company shall satisfy any withholding obligation for the employee portion of employment taxes resulting from vesting of amounts credited to a Participant’s Account through the reduction of a Participant’s paycheck in an amount necessary to satisfy such tax obligation.

8.6 Missouri Law to Govern. All questions pertaining to the interpretation, construction, administration, validity and effect of the provisions of the Plan shall be determined in accordance with the laws of the State of Missouri.

8.7 Claims and Appeals Procedures. A Participant or Beneficiary may claim any benefit to which he or she is entitled under this Plan by a written notice to the Committee. If a

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claim is denied, it must be denied within ninety (90) days after receipt of the claim, unless special circumstances require an extension. If an extension is necessary, the extension shall not be longer than an additional ninety (90) days. Any denial shall be in a written notice stating the following:

(a) The specific reason for the denial.

(b) Specific reference to the Plan provision on which the denial is based.

(c) Description of additional information necessary for the claimant to present his or her claim, if any, and an explanation of why such material is necessary.

(d) An explanation of the Plan’s claims review procedures, and the time limits applicable to such procedures, including a statement of the claimant’s right to bring a civil action under Section 502(a) of ERISA following an adverse benefit determination on review.

If the Committee does not deny the claim within the time specified above, the claimant may commence action in state or federal court.

The claimant will have sixty (60) days to request a review of the denial by the Committee, which will provide a full and fair review. The request for review must be in writing delivered to the Committee. The claimant may review pertinent documents, and he or she may submit issues and comments in writing. The decision by the Committee with respect to the review must be given within sixty (60) days after receipt of the request, unless special circumstances require an extension (such as for a hearing). In no event shall the decision be delayed beyond one hundred and twenty (120) days after receipt of the request for review. The decision shall be written in a manner calculated to be understood by the claimant, shall include specific reasons and refer to specific Plan provisions as to its effect, state that the claimant is entitled to receive upon request and free of charge, reasonable access to and copies of, all documents, records and other information relevant to the claim, and state that the claimant has a right to bring a civil action under Section 502(a) of ERISA.

Anything contained herein to the contrary notwithstanding, any claim filed under the Plan and any action brought in state or federal court by or on behalf of a Participant, a Beneficiary or alternate payee for the alleged wrongful denial of Plan benefits or for the alleged interference with ERISA-protected rights must be brought within one (1) year of the date of the Participant’s, the Beneficiary’s or alternate payee’s cause of action first accrues. Failure to bring any such cause of action with this one (1) year time frame shall preclude a Participant, a Beneficiary or alternate payee, or any representative of the Participant, the Beneficiary or alternate payee, from bringing the claim or cause of action. Correspondence or other communications following the mandatory appeals process described in this Section 8.7 shall have no effect on this one (1) year time frame.

8.8 Disability Claims and Appeals Procedures. Notwithstanding anything to the contrary in Section 8.7 above, if a determination of Disability must be made in order to decide a claim, the claim shall be considered a Disability claim and shall be subject to the following procedures.

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The Committee shall process each Disability claim and make an initial decision as to the validity of the claim within a reasonable period of time, but no later than forty-five (45) days after receipt of the claim. If the Committee determines that an extension to process the Disability claim is necessary due to matters beyond the control of the Committee, the Committee may extend the 45-day response period for up to thirty (30) days by notifying the claimant, prior to the termination of the initial 45-day period, of the circumstances requiring the extension of time and the date by which it expects to render a decision. If the Committee determines that an additional extension to process the Disability claim is necessary due to matters beyond the control of the Committee, the Committee may extend the response period for up to an additional thirty (30) days by notifying the claimant, prior to the termination of the first 30-day extension period, of the circumstances requiring the extension of time and the date by which it expects to render a decision. An extension notice shall specifically explain the standards on which entitlement to a benefit is based, the unresolved issues that prevent a decision on the claim, and the additional information needed to resolve those issues. If the reason for the extension is the claimant’s failure to provide necessary information to decide the claim, the determination period shall be tolled from the date notice of insufficiency is given, until the claimant responds to the notice. The claimant shall have forty-five (45) days within which to provide the specified information.

A claim denial shall be furnished in writing or electronically. The denial shall inform the claimant of the specific reason or reasons for the denial, refer to the specific Plan provisions on which the denial is based, describe any additional material or information necessary to perfect the claim and explain why the material is necessary, describe the Plan’s review procedures and the time limits applicable to such procedures, including a statement of the claimant’s right to bring a civil action under Section 502(a) of ERISA following a denial of an appeal, refer to any specific guidelines that were relied upon in issuing the denial, or state that such guidelines will be provided to the claimant free of charge upon request.

If a claimant receives notice from the Committee that a claim for benefits has been denied in whole or in part, the claimant or the claimant’s duly authorized representative may, within one hundred and eighty (180) days after receipt of notice of such denial:

(a) Make written application to the Committee for a review of the decision. Such application shall be made on a form specified by the Committee and submitted with such documentation as the Committee shall prescribe.

(b) Review, upon request and free of charge, all documents, records and other information in the possession of the Committee or the Committee which are relevant to the Disability claim.

(c) Submit written comments, documents, records and other information relating to the claim.

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If review of a decision is requested, such review shall be made by the Committee, which shall review all comments, documents, records, and other information submitted by the claimant relating to the Disability claim, without regard to whether such information was submitted or considered in the initial benefit determination. The Committee’s review shall not afford deference to the initial adverse benefit determination. The individual(s) conducting the decision on review shall not be the individual(s) who made the initial adverse decision, nor the subordinates of such individual(s).

In the case of an appeal involving medical judgment, the Committee shall consult with a health care professional who has appropriate training and experience in the field of medicine involved in the medical judgment. The health care professional consulted shall be an individual who is neither an individual who was consulted in connection with the initial denial, nor the subordinate of any such individual.

The decision on review shall be made within forty-five (45) days after the receipt by the Committee of the request for review. If the Committee determines that an extension to process the appeal is necessary due to special circumstances, the Committee may extend the 45-day response period for up to 45 days by notifying the claimant, prior to the termination of the initial 45-day period, of the circumstances requiring the extension of time and the date by which it expects to render a decision. If the reason for the extension is the claimant’s failure to provide necessary information to decide the appeal, the determination period shall be tolled from the date notice of insufficiency is given, until the claimant responds to the notice.

Any denial of an appeal shall be furnished in writing or electronically. The denial shall inform the claimant of the specific reason or reasons for the denial, refer to the specific Plan provisions on which the denial is based, state that the claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to the claim, state the claimant’s right to bring a civil action under Section 502(a) of ERISA, and refer to any specific guidelines that were relied upon in issuing the denial, or state that such guidelines will be provided to the claimant free of charge upon request.

Anything contained herein to the contrary notwithstanding, any claim filed under the Plan and any action brought in state or federal court by or on behalf of a Participant, a Beneficiary or alternate payee for the alleged wrongful denial of Plan benefits or for the alleged interference with ERISA-protected rights must be brought within one (1) year of the date of the Participant’s, the Beneficiary’s or alternate payee’s cause of action first accrues. Failure to bring any such cause of action with this one (1) year time frame shall preclude a Participant, a Beneficiary or alternate payee, or any representative of the Participant, the Beneficiary or alternate payee, from bringing the claim or cause of action. Correspondence or other communications following the mandatory appeals process described in this Section 10.5 shall have no effect on this one (1) year time frame.

8.9 Limitation of Action and Choice of Venue. Before a claimant may bring a legal action against the Plan, the Company, a Subsidiary, or the Committee, the claimant must first complete all steps of the claims and review procedures contained in Sections 8.7 and 8.8, as

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applicable. After completing all steps of the claims and review procedures contained in Sections 8.7 and 8.8 as applicable, a claimant has one (1) year from the date he or she is notified of the Committee’s final decision to bring such legal action or the right to bring such legal action is lost. Any legal action against the Plan, the Company, a Subsidiary, or the Committee may only be brought in the United States District Court for the Eastern District of Missouri.

8.10 Headings. Headings of Articles and Sections of the Plan are inserted for convenience of reference. They constitute no part of the Plan.

8.11 Compliance with Code Section 409A. No provision of this Plan shall be operative to the extent that it will result in the imposition of the additional tax described in Code Section 409A(a)(1)(B)(i)(II) because of failure to satisfy the requirements of Code Section 409A and the regulations and guidance issued thereunder.

IN WITNESS WHEREOF, this Plan is executed as of the      day of             , 2015.

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