Wolverine World Wide Supplemental Executive Retirement Plan Benefit Multiplier Amendment for Certain Executives
This document outlines an amendment to the Supplemental Executive Retirement Plan for certain executive officers of Wolverine World Wide. It specifies that Stephen L. Gulis, Jr., Blake W. Krueger, and James D. Zwiers will receive a 2.4% benefit multiplier, while Pamela L. Linton and Nicholas P. Ottenwess will receive a 2.0% multiplier, instead of the standard 1.6% multiplier. This change affects how their retirement benefits are calculated under the Plan.
Exhibit 10.16
The following executive officers have a percentage benefit multiplier under the Supplemental Executive Retirement Plan (the "Plan") of 2.4% or 2.0%, as indicated below, in lieu of the 1.6% of final average monthly remuneration benefit multiplier described in the Plan:
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| 2.4% |
| 2.0% |
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| Stephen L. Gulis, Jr. |
| Pamela L. Linton |
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| Blake W. Krueger |
| Nicholas P. Ottenwess |
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| James D. Zwiers |
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