BETWEEN JOHN A. GRAF,Employment Agreement • March 31st, 2005 • Axa Financial Inc • Life insurance • New York
AXA LOGO ]Axa Financial Inc • March 31st, 2005 • Life insurance
During your Employment Term, as defined in your Employment Agreement dated March 14, 2005 with AXA Financial, Inc. and AXA Equitable Life Insurance Company, you will be entitled to use at the company's expense a private aircraft for personal travel up to a limit of 50 hours in each calendar year (prorated at the rate of 4.16 hours per whole or partial month in the year of termination of your employment) with such aircraft to be provided by the company by any commercially reasonable method, as determined by the Chief Executive Officer of AXA Financial, Inc., as long as such methods are available to the company. The company will provide you with a full tax gross-up with respect to any imputed income from this benefit.
