EX-10.21.B 1ST AMENDMENT TO SUPP. RETIREMENT PLAN

EX-10.21.B 3 g87412exv10w21wb.txt EX-10.21.B 1ST AMENDMENT TO SUPP. RETIREMENT PLAN EXHIBIT 10.21(b) FIRST AMENDMENT TO THE HCA SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN This is the First Amendment to the HCA Supplemental Executive Retirement Plan, as effective July 1, 2001 (the "Plan"). Under Section 8.1 of the Plan, the Board of Directors of HCA Inc. has the right to amend the Plan in the following particulars. Accordingly, the Board of Directors hereby amends the Plan in the following particulars effective as of October 1, 2003. 1. The following sentence is added to Section 3.1, relating to Benefit Amount, to follow the last sentence thereof: Unless the Participant voluntarily pays his share of the FICA tax due and payable with respect to his Benefit, the Participant's Benefit shall be reduced utilizing Actuarial Factors (unless a lump-sum is paid, in which case the lump-sum will be directly offset) by the FICA tax payment made by the Employer on the Participant's behalf. 2. In order to change the death benefit provisions with respect to individuals who die prior to retirement, Section 5.1 of the Plan is amended to read as follows: 5.1 DEATH. In the event of the death of a married Participant prior to Retirement, but after attainment of age 55, an annuity shall be supplied for the benefit of the Participant's surviving spouse with payments beginning as soon a administratively feasible following death which shall provide the surviving spouse with payments for life equal to the 100% survivor portion of a joint and 100% survivor annuity which could have been provided (assuming eligibility conditions met) for the Participant and spouse with the Participant's Benefit as determined on the day immediately preceding the date of the Participant's death. The Early Retirement factors supplied in Section 3.1(b)(1) shall be utilized to calculate the Benefit that would exist if a single life annuity was payable. (Such Benefit amount shall then be utilized to calculate the actual survivor annuity Benefit.) In the event of death of a married Participant prior to age 55, an annuity shall be supplied for the Participant's surviving spouse with payments beginning as soon as administratively feasible following death which shall supply the surviving spouse with payments for life equal to the 100% survivor portion of a joint and 100% survivor annuity which could have been provided (assuming eligibility conditions were met) for the Participant and spouse with the Participant's Benefit as determined on the day immediately preceding the date of the Participant's death. The Early Retirement factors supplied in Section 3.1(b)(1) shall be utilized to calculate the Benefit at age 55, and such age 55 Benefit shall then be reduced by Actuarial Factors to the date of death, to calculate the Benefit that would exist if a single life annuity was payable. (Such Benefit amount shall then be utilized to calculate the actual survivor annuity Benefit.) Should a married Participant die after Retirement, but before his Benefit payments begin and before a benefits election form has been received by the Committee, then an annuity shall be supplied for the benefit of the Participant's surviving spouse with payments beginning as soon as administratively feasible following death which shall supply the surviving spouse with payments for life equal to the survivor portion of a joint and 100% survivor annuity which could have been provided for the Participant and spouse with the Participant's Benefit as determined on the day immediately preceding the date of the Participant's death. Notwithstanding the preceding provisions of this Section 5.1, at its discretion, the Committee may pay any surviving spouse's foregoing Benefits or the remainder thereof in the form of a lump-sum distribution in cash. In such a case, the Actuarial Factors shall be utilized to calculate the lump-sum amount. No death benefits shall exist whatsoever for a single Participant. 3. All provisions of the Plan not inconsistent herewith are hereby ratified and confirmed.

- --------------------------------------------------------------------------------------------------------------------- DIVISION PRESIDENT - FINANCIAL SERVICES 2.2 Eric Ward 04/01/03 - --------------------------------------------------------------------------------------------------------------------- Division President - 2.2 Jeffrey A. Dorsey 07/01/01 Continental Division - --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - CONTINENTAL 2.2 Gregory J. D'Argonne 07/01/01 - --------------------------------------------------------------------------------------------------------------------- Division President - Southeast 2.2 Charles R. Evans 07/01/01 - --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - SOUTHEAST 2.2 Jeffrey T. Crudele 07/01/01 - --------------------------------------------------------------------------------------------------------------------- Division President - East 2.2 Stephen L. Royal 04/01/03 Florida - --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - EAST FLORIDA 2.2 James M. Petkas 07/01/01 - --------------------------------------------------------------------------------------------------------------------- Division President - 2.2 John Kausch 07/01/01 International Operations - --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - INTERNATIONAL OPERATIONS 2.2 Michael Neeb 07/01/01 - --------------------------------------------------------------------------------------------------------------------- Division President - Delta 2.2 Maurice L. Lagarde 07/01/01 - --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - DELTA 2.2 Michael A. Reese 07/01/01 - --------------------------------------------------------------------------------------------------------------------- Division President - Far West 2.2 Thomas J. May 07/01/01 - --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - FAR WEST 2.2 Donald W. Stinnett 07/01/01 - --------------------------------------------------------------------------------------------------------------------- Division President - West 2.2 J. Daniel Miller 07/01/01 Florida - --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - WEST FLORIDA 2.2 R. Samuel Hankins 07/01/01 - --------------------------------------------------------------------------------------------------------------------- Division President - North Texas 2.2 William D. Poteet, III 07/01/01 - --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - NORTH TEXAS 2.2 Thomas O. Corley 07/01/01 - --------------------------------------------------------------------------------------------------------------------- Division President - Mid America 2.2 William P. Rutledge 07/01/01 - --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - MID AMERICA 2.2 Russell K. Harms 07/01/01 - --------------------------------------------------------------------------------------------------------------------- DIVISION PRESIDENT - NORTH FLORIDA 2.2 Charles J. Hall 07/01/01 - --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - NORTH FLORIDA 2.2 Kim M. Lelli 07/01/01 - --------------------------------------------------------------------------------------------------------------------- Division President - Gulf Coast 2.2 Michael D. Snow 07/01/01 - ---------------------------------------------------------------------------------------------------------------------

- --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - GULF COAST 2.2 Jeffry R. Anthony 07/01/01 - --------------------------------------------------------------------------------------------------------------------- Division President -Central 2.2 Marilyn B. Tavenner 07/01/01 Atlantic - --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - CENTRAL ATLANTIC 2.2 V. Lynn Strader 07/01/01 - --------------------------------------------------------------------------------------------------------------------- DIVISION PRESIDENT - MIDWEST 2.2 Bryan Rogers 04/01/03 - --------------------------------------------------------------------------------------------------------------------- DIVISION CFO - MIDWEST 2.2 Clifton Mills 04/01/03 - --------------------------------------------------------------------------------------------------------------------- INACTIVE PARTICIPANTS - --------------------------------------------------------------------------------------------------------------------- Division President - North 2.2 James W. Slack, Jr. 07/01/01 Florida (retired 5/31/03) - --------------------------------------------------------------------------------------------------------------------- SVP, Human Resources 2.2 Philip R. Patton 07/01/01 (deceased 10/23/03) Susan Patton (Spouse) 11/1/03 - ---------------------------------------------------------------------------------------------------------------------