Amended Schedule 2.1 to Directors’ Deferred Compensation and Benefits Trust Agreement (Sunoco, Inc.)

Contract Categories: Human Resources › Compensation Agreements
Summary

This document is an amended schedule to the Directors’ Deferred Compensation and Benefits Trust Agreement for Sunoco, Inc. It lists the benefit plans and arrangements covered by the trust, including the Directors’ Deferred Compensation Plan, indemnification agreements for certain current and former directors with specified funding upon a change in control, and retirement benefits for former directors or their beneficiaries. The agreement outlines funding amounts and the directors involved, ensuring their compensation and indemnification rights are protected under the trust.

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EX-10.15 6 dex1015.htm AMENDED SCHEDULE 2.1 Amended Schedule 2.1

Exhibit 10.15

 

Schedule 2.1

to the

Directors’ Deferred Compensation and Benefits

Trust Agreement

 

Benefit Plans and Other Arrangements Subject to Trust

 

(1) Sunoco, Inc. Directors’ Deferred Compensation Plan;

 

(2) The entire funding for all the Indemnification Agreements with the current and former directors set forth below shall be Five Million Dollars ($5,000,000.00) in the aggregate upon a Potential Change in Control, and an amount upon a Change in Control calculated on the basis of the Indemnification Agreements with the following directors:

 

    (a)   Raymond E. Cartledge
   

(b)

   Robert J. Darnall
   

(c)

   Mary J. Evans
   

(d)

   Ursula F. Fairbairn
   

(e)

   Thomas P. Gerrity
   

(f)

   Rosemarie B. Greco
   

(g)

   James G. Kaiser
   

(h)

   Robert D. Kennedy
   

(i)

   Richard H. Lenny
   

(j)

   Norman S. Matthews
   

(k)

   R. Anderson Pew
   

(l)

   G. Jackson Ratcliffe
   

(m)

   John W. Rowe
   

(n)

   Alexander B. Trowbridge

 

(3) Benefits payable to former directors of the Company (or their beneficiaries) in pay status as of the date of termination of the Sunoco, Inc. Non-Employee Directors’ Retirement Plan.

 

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