SEPARATION AGREEMENTSeparation Agreement • October 19th, 2005 • TJX Companies Inc /De/ • Retail-family clothing stores • Massachusetts
Note: Target benefit is subject to offsets. All offsets shown are estimates; actual offsets will be determined at time of payment. Accordingly, both the SERP value at age 58 and the lump sum present value are estimates only. Once all inputs, including the discount rate, are finalized, the lump sum will be determined using the mortality assumptions used under the SERP (1983 Group Annuity Mortality Table (Unisex)) and, as a discount factor, the interest rate being credited to accounts in calendar 2006 under TJX’s General Deferred Compensation Plan.
