FIFTH AMENDMENT TO THE HEWLETT-PACKARD COMPANY 2005 EXECUTIVE DEFERRED COMPENSATION PLANExecutive Compensation Plan Agreement |
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The Hewlett-Packard Company 2005 Executive Deferred Compensation Plan, as amended and restated effective October 1, 2006, is hereby amended, effective July 1, 2009, to provide as follows: 1. Subsections (a) through (d) of Section 6.2 of the Plan shall be amended in their entirety to read as follows: "6.2(a) Filing a Claim . A Participant or his authorized representative may file a claim for benefits under the Plan. Any claim must be in writing and submitted to the Claims Administrator appointed by the Plan Committee, at such address as may be specified from time to time, and in the manner prescribed for such matters. The Claims Administrator will have full discretion and final authority to interpret the terms of the Plan and decide all questions involving Plan claims. (b) Denial of Claim . In the event any claim for benefits is denied, in whole or in part, the Claims Administrator shall notify the claimant of such denial in writing and shall advise the claimant of his or her right to appeal the denial. Such written notice shall set forth the specific reasons for the denial, references to the Plan provisions on which the denial is based, a description of any information or material necessary for the claimant to perfect his or her claim, an explanation of why such material is necessary and an explanation of the Plan's review procedure and the time limits applicable to such procedures. Such written notice shall be given to the claimant within 90 days after the Claims Administrator receives the claim, unless special circumstances require additional time for processing, in which case, written notice shall be furnished to the claimant before the end of the initial 90-day period. Such notice shall indicate the special circumstances requiring the extension of time and the date by which the Claims Administrator expects to render its decision on the claim for benefits. In no event shall the decision of the Claims Administrator (or its designee) be rendered more than 180 days after the claim is received. (c) Review of Denied Claim . |
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