EXHIBIT 10.l.
Supplemental Benefits Agreement
dated July 9, 1990 and December 6, 1990
between M.A. Xxxxx and the Parent
EXHIBIT 10.l.
Supplemental Benefits Agreement dated July 9, 1990
[Bank of America NT&SA Letterhead]
July 9, 1990
Xx. Xxxxxx X. Xxxxx
Executive Vice President
BankAmerica Systems Engineering #3001
San Francisco
Re: Special Annuity
---------------
Dear Xxxxx:
Per the terms of your employment offer, we agree to pay you an annual
benefit of $20,000, payable monthly, commencing at age 65 and ceasing upon your
death.
I just wanted to inform you that the Benefit Department is accruing for
this benefit. As detailed in your offer letter, these payments are separate
from any benefits you may receive from the BankAmeraccount and BankAmerishare
plans.
A copy of this letter is being included in your Personnel file and the
Retirements department for future reference and planning.
Sincerely,
/s/ XXXXXX X. XXXX
Xxxxxx X. Xxxx
4129352
EXHIBIT 10.l.
Supplemental Benefits Agreement dated December 6, 0000
[Xxxx xx Xxxxxxx XX&XX Letterhead]
December 6, 1990
Xxxxx Xxxxx
Executive Vice President
BASE Executive Office #3789
Dear Xxxxx:
Per the terms of your offer letter, effective September 1990 you became
vested in an equivalent benefit of $20,000 per year (payable monthly) commencing
the month you reach age 65 and with all payments ceasing upon death. These
benefits are separate from the BankAmeraccount and BankAmerishare plans. These
payments were to provide you a benefit equivalent to the retirement benefits
that would have been vested at Xxxxx Xxxxxx.
If you have any questions regarding this issue, please let me know.
Sincerely,
/s/ XXXXXX X. XXXX
Xxxxxx X. Xxxx
4129352
