Second Amendment to CNA Supplemental Executive Savings and Capital Accumulation Plan

Summary

This amendment, effective January 1, 2011, modifies the CNA Supplemental Executive Savings and Capital Accumulation Plan. It clarifies that the maximum percentage of compensation a participant can contribute to the plan will be determined without considering catch-up contributions. Any changes a participant makes regarding catch-up contributions during a plan year will not affect the amount deferred under the plan. All other terms of the plan remain unchanged. The amendment is executed by CNA Financial Corporation.

EX-10.8.2 4 cnaex1082123111.htm EX-10.8.2 CNA Ex 10.8.2 123111

EXHIBIT 10.8.2

SECOND AMENDMENT TO THE

CNA SUPPLEMENTAL EXECUTIVE SAVINGS

AND CAPITAL ACCUMULATION PLAN

The CNA SUPPLEMENTAL EXECUTIVE SAVINGS AND CAPITAL ACCUMULATION PLAN, as restated by CNA effective January 1, 2009, and as previously amended by the First Amendment thereto, is hereby further amended as follows:

1. Section 2.2(a) of the Plan is amended by adding a new subparagraph (a)(iii) to read as follows:

“(iii)

Effective January 1, 2011, the highest percentage of Compensation that a Participant can elect to contribute to the S-CAP shall be determined without regard to Catch-Up Contributions, and any election, or change in election, that a Participant makes during a Plan Year with respect to Catch-Up Contributions under the S-CAP shall have no effect on the amount deferred by the Participant pursuant to this Plan.”

2. This amendment shall take effect on January 1, 2011, and shall apply to all Plan Years commencing on or after such date. Except as otherwise provided herein, the Plan shall remain in full force and effect.

IN WITNESS WHEREOF, CNA Financial Corporation has caused this Second Amendment to be executed this 14th day of December, 2010.

CNA FINANCIAL CORPORATION

By: /s/ Thomas Pontarelli

Thomas Pontarelli, Executive Vice President &

Chief Administration Officer, Continental Casualty Company