Johnson & Johnson Executive Life Insurance Program Closure Notice to MetLife
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Summary
Johnson & Johnson has formally notified MetLife that its Executive Life Plan Agreement, originally dated June 19, 1991, is now closed to new participants as of January 2, 2015. MetLife is instructed to update its records to reflect this change. The letter serves as official documentation of the program's closure to new entrants, with existing participants unaffected.
EX-10.1 2 a201510-q1qexhibit101execu.htm EXHIBIT 10.1 2015 10-Q 1Q Exhibit 10.1 Executive Life Insurance Program Closure Letter
Exhibit 10.1
April 20, 2015
John Akai
Client Executive
MetLife Specialized Benefit Resources
501 Route 22
Bridgewater, NJ 08807
Re: Johnson & Johnson Executive Life Insurance Program
Dear John:
This letter is to formally advise MetLife that the Executive Life Plan Agreement dated June 19, 1991 has been closed to new participants, effective January 2, 2015. Please update your records accordingly to reflect this change.
Should you have any questions on this matter, please call me at ###-###-####,
Sincerely,
/s/ Lisa Blair Davis
Lisa Blair Davis
Vice President
International Total Rewards
& Global Benefits
C: R. McDonald
S. Vora
