Amendment 2017-1 to Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees

Contract Categories: Human Resources › Retirement Agreements
Summary

This amendment modifies the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees to specify that the Stable Value Allocation for Michael J. Burwell will become fully vested upon the earliest of his completion of five years of vesting service, his death, or his disability. The amendment clarifies the vesting terms for Mr. Burwell's account under the plan.

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EX-10.2 3 wltw-ex102_20180630.htm EXHIBIT 10.2 Exhibit


Exhibit 10.2

Amendment 2017-1
Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees
The Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees, is hereby amended as follows:
1.A new Section 8.04 is added as follows:

Vesting of Burwell Stable Value Allocation. Notwithstanding the forgoing, the Stable Value Allocation that is allocated to the Stable Value Account of Michael J. Burwell (“Burwell”) shall vest on the earlier of (a) the date Burwell has 5 Years of Vesting Service; (b) death; or (c) Disability.