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Dupont E I De Nemours & Co – ‘10-Q’ for 6/30/14 – ‘EX-10.08’

On:  Tuesday, 7/22/14, at 4:10pm ET   ·   For:  6/30/14   ·   Accession #:  30554-14-43   ·   File #:  1-00815

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  As Of               Filer                 Filing    For·On·As Docs:Size

 7/22/14  Dupont E I De Nemours & Co        10-Q        6/30/14   79:12M

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    602K 
 2: EX-10.08    Material Contract                                   HTML     49K 
 3: EX-10.13    Material Contract                                   HTML     90K 
 9: EX-95       Mine-Safety Disclosure                              HTML     30K 
 4: EX-12       Statement re: Computation of Ratios                 HTML     31K 
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     31K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     31K 
 7: EX-32.1     Certification -- §906 - SOA'02                      HTML     25K 
 8: EX-32.2     Certification -- §906 - SOA'02                      HTML     25K 
54: R1          Document and Entity Information                     HTML     43K 
43: R2          Consolidated Income Statements                      HTML     97K 
52: R3          Consolidated Statements of Comprehensive Income     HTML     87K 
56: R4          Condensed Consolidated Balance Sheets               HTML    141K 
72: R5          Condensed Consolidated Balance Sheets               HTML     36K 
                (Parenthetical)                                                  
45: R6          Condensed Consolidated Statements of Cash Flows     HTML     96K 
51: R7          Summary of Significant Accounting Policies          HTML     36K 
39: R8          Divestitures and Other Transactions                 HTML     44K 
30: R9          Employee Separation / Asset Related Charges, Net    HTML     45K 
73: R10         Other Income, Net                                   HTML     58K 
58: R11         Provision for Income Taxes                          HTML     34K 
57: R12         Earnings Per Share of Common Stock                  HTML     67K 
63: R13         Inventories                                         HTML     36K 
64: R14         Goodwill and Other Intangible Assets                HTML     86K 
61: R15         Commitments and Contingent Liabilities              HTML     71K 
65: R16         Stockholders' Equity                                HTML    248K 
53: R17         Financial Instruments                               HTML    185K 
55: R18         Long-Term Employee Benefits                         HTML     70K 
60: R19         Segment Information                                 HTML    205K 
79: R20         Summary of Significant Accounting Policies Summary  HTML     38K 
                of Significant Accounting Policies (Policies)                    
68: R21         Divestitures and Other Transactions (Tables)        HTML     37K 
48: R22         Employee Separation / Asset Related Charges, Net    HTML     40K 
                (Tables)                                                         
59: R23         Other Income, Net (Tables)                          HTML     57K 
50: R24         Earnings Per Share of Common Stock (Tables)         HTML     67K 
24: R25         Inventories (Tables)                                HTML     34K 
69: R26         Goodwill and Other Intangible Assets (Tables)       HTML     79K 
75: R27         Commitments and Contingent Liabilities (Tables)     HTML     40K 
34: R28         Stockholders' Equity (Tables)                       HTML    238K 
33: R29         Financial Instruments (Tables)                      HTML    170K 
37: R30         Long-Term Employee Benefits (Tables)                HTML     69K 
38: R31         Segment Information (Tables)                        HTML    202K 
40: R32         Summary of Significant Accounting Policies          HTML     30K 
                Venezuelan Foreign Currency Translation (Details)                
22: R33         Divestitures and Other Transactions (Narrative)     HTML     37K 
                (Details)                                                        
66: R34         Divestitures and Other Transactions (Summarized     HTML     38K 
                Financial Info) (Details)                                        
47: R35         Employee Separation / Asset Related Charges, Net    HTML     37K 
                (Narrative) (Details)                                            
49: R36         Employee Separation / Asset Related Charges, Net    HTML     38K 
                (2014 Restructuring Program schedule) (Details)                  
27: R37         Other Income, Net (Schedule of Other Income)        HTML     56K 
                (Details)                                                        
78: R38         Provision for Income Taxes (Details)                HTML     42K 
16: R39         Earnings Per Share of Common Stock (Earnings Per    HTML     49K 
                Share of Common Stock Reconciliation) (Details)                  
41: R40         Earnings Per Share of Common Stock (Schedule of     HTML     27K 
                Average Number of Antidilutive Stock Options)                    
                (Details)                                                        
71: R41         Inventories (Details)                               HTML     38K 
26: R42         Goodwill and Other Intangible Assets (Schedule of   HTML     57K 
                Other Intangible Assets) (Details)                               
32: R43         Goodwill and Other Intangible Assets (Narrative)    HTML     43K 
                (Details)                                                        
36: R44         Commitments and Contingent Liabilities              HTML     36K 
                (Guarantees) (Details)                                           
44: R45         Commitments and Contingent Liabilities (Imprelis)   HTML     40K 
                (Narrative) (Details)                                            
21: R46         Commitments and Contingent Liabilities              HTML     49K 
                (Litigation) (Narrative) (Details)                               
29: R47         Commitments and Contingent Liabilities Commitments  HTML     31K 
                and Contingent Liabilities (Environmental)                       
                (Narrative) (Details)                                            
18: R48         Stockholders' Equity (Share Repurchase Program)     HTML     34K 
                (Narrative) (Details)                                            
70: R49         Stockholders' Equity (Schedule of Other             HTML    162K 
                Comprehensive Income) (Details)                                  
25: R50         Stockholder's Equity (Schedule of Accumulated       HTML     61K 
                Other Comprehensive Loss) (Details)                              
67: R51         Financial Instruments (Debt) (Narrative) (Details)  HTML     24K 
28: R52         Financial Instruments (Cash Equivalents)            HTML     25K 
                (Narrative) (Details)                                            
42: R53         Financial Instruments (Notional Amounts of          HTML     29K 
                Derivatives) (Details)                                           
17: R54         Financial Instruments (Effect of Cash Flows Hedges  HTML     35K 
                on Accumulated Other Comprehensive Income (Loss))                
                (Details)                                                        
20: R55         Financial Instruments (Schedule of the Fair Value   HTML     56K 
                of Derivative Instruments) (Details)                             
35: R56         Financial Instruments (Effect of Derivative         HTML     60K 
                Instruments) (Details)                                           
23: R57         Long-Term Employee Benefits Defined Benefit Plans   HTML     27K 
                (Narrative) (Details)                                            
74: R58         Long-Term Employee Benefits (Schedules of Net       HTML     51K 
                Periodic Benefit Cost) (Details)                                 
46: R59         Segment Information (Schedule of Segment            HTML     79K 
                Information) (Details)                                           
62: R60         Segment Information (Reconciliation to              HTML     38K 
                Consolidated Income Statements) (Details)                        
76: XML         IDEA XML File -- Filing Summary                      XML    111K 
19: EXCEL       IDEA Workbook of Financial Reports                  XLSX    248K 
31: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   2.06M 
10: EX-101.INS  XBRL Instance -- dd-20140630                         XML   3.47M 
12: EX-101.CAL  XBRL Calculations -- dd-20140630_cal                 XML    266K 
13: EX-101.DEF  XBRL Definitions -- dd-20140630_def                  XML    751K 
14: EX-101.LAB  XBRL Labels -- dd-20140630_lab                       XML   1.56M 
15: EX-101.PRE  XBRL Presentations -- dd-20140630_pre                XML    867K 
11: EX-101.SCH  XBRL Schema -- dd-20140630                           XSD    175K 
77: ZIP         XBRL Zipped Folder -- 0000030554-14-000043-xbrl      Zip    262K

‘EX-10.08’   —   Material Contract

This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]

 <!   C:   C: 
  DD- Ex.10.8_2014.6.30_Q2  
Exhibit 10.8



















RETIREMENT SAVINGS
RESTORATION
PLAN










Originally Adopted - January 1, 2007
Last Amended May 15, 2014
Effective May 15, 2014







E. I. du Pont de Nemours and Company






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RETIREMENT SAVINGS RESTORATION PLAN


I.
PURPOSE
The purpose of this Plan is to provide an eligible employee with the opportunity to defer, until termination of employment, receipt of salary that, because of compensation limits imposed by law, is ineligible to be considered in calculating benefits within the Company's tax-qualified defined contribution plan(s) and thereby recover benefits lost because of that restriction.

II.
ADMINISTRATION
The administration of this Plan is vested in the Benefit Plan Administrative Committee appointed by the Senior Vice President - HR of E. I. du Pont de Nemours and Company. The Committee may adopt such rules as it may deem necessary for the proper administration of the Plan, and may appoint such person(s) or group(s) as may be judged necessary to assist in the administration of the Plan. The Committee's decision in all matters involving the interpretation and application of this Plan shall be final. The Committee shall have the discretionary right to determine eligibility for benefits hereunder and to construe the terms and conditions of this Plan. In all cases, terms of this Plan shall be interpreted as necessary to comply with the requirements of Section 409A of the Internal Revenue Code and accompanying regulations.

III.
ELIGIBILITY
An employee of the Company who is eligible to participate in the E. I. du Pont de Nemours and Company Retirement Savings Plan and who is Grade 13 or above (or equivalent level for a participating subsidiary), or an employee of a Company who is eligible to participate in the tax-qualified 401(k) plan sponsored by the Company and who is eligible as listed on Exhibit A, shall be eligible to participate in this Plan (hereinafter “Participant”).
For purposes of this Plan, the term "Company" means E.I. du Pont de Nemours and Company, any wholly-owned subsidiary or part thereof and any joint venture, partnership, or

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other entity in which E.I. du Pont de Nemours and Company has an ownership interest, provided that such entity (1) adopts this Plan with the approval of E.I. du Pont de Nemours and Company and (2) agrees to make the necessary financial commitment in respect of any of its employees who become Participants in this Plan.

IV.
PARTICIPANTS' ACCOUNTS
(A)    Participant Contributions. A Participant may elect to defer receipt of a percentage of compensation in excess of the amount prescribed in Internal Revenue Code Section 401(a)(17), and have the dollar equivalent of the deferral percentage credited to a Participant Account under this Plan. The deferral percentage elected under this Plan shall not exceed 6%. Except as provided below, such deferral election will be made prior to the beginning of each calendar year and will be irrevocable for that calendar year.
For purposes of a Participant's first year of participation in this Plan, the compensation deferral election must be made within 30 days of the date the employee becomes eligible to participate in the Plan, and no later than 30 days prior to the first day of the month for which compensation is deferred and will be irrevocable for the remainder of that calendar year.
(B)Company Matching Contributions. To the extent that a Participant makes a deferral election under the terms of subparagraph (A) above, the Company will credit to that Participant's Account in this Plan an amount equivalent to 100% of the Participant Contribution.
(C)Company Non-elective Contributions. For each employee eligible to participate in this Plan, whether or not he or she makes a deferral election under the terms of subparagraph (A) above, the Company will credit to that Participant’s Account in this Plan an amount equal to 3% of the employee’s compensation in excess of the amount prescribed in Internal Revenue Code Section 401(a)(17).
(D)Earnings Equivalents. Credits for Participant Contributions and Company Matching and Non-elective Contributions shall be treated as having been invested in one or more of the investment options available for the ongoing deposit of new employee contributions in the Retirement Savings Plan. Additional credit (or debit) amounts will be posted to the Participant's Account in this Plan based on the performance of those investment options.
The Participant shall have the right to:

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(1)
designate which of the available investment options are to be used in valuing his/her Account under this Plan, subject to the rules governing investment direction in the Retirement Savings Plan; and/or

(2)
change the designated investment options used in valuing his/her Account under this Plan, subject to the rules governing investment direction and/or transfers among funds in the Retirement Savings Plan.

(E)Credits to Accounts. Participant Contributions, Company Matching and Non-elective Contributions and Earnings Equivalents shall be credited (or debited) to the Participant's Account under this Plan as unfunded book entries stated as cash balances, and will not be payable to Participants until such time as employment with the Company terminates. The cash balances in Participant Accounts shall be unfunded general obligations of the Company, and no Participant shall have any claim to or security interest in any asset of the Company on account thereof.

(F)Definition of Compensation. Compensation for purposes of this Plan shall mean “compensation” as defined in the tax-qualified plan in which the Participant participates.



V.
VESTING

Participant Contributions and Company Matching and Earnings Equivalents attributable thereto shall be vested at the time such amounts are credited to the Participant's Account. Company Non-elective Contributions and Earnings Equivalents thereto shall be vested after the employee completes 3 years of service, as defined in the tax qualified plan in which the participant participates, or, if earlier, upon the occurrence of a Change in Control (as defined in the Company’s Equity and Incentive Plan, a “Change in Control”).


VI.
PAYMENT OF BENEFITS
Amounts payable under this Plan shall be distributed in one of the following forms and at a time as elected by the Participant:
(1) a lump sum at termination of employment, or in any year up to five years after

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termination of employment; or
(2) annual installments for up to 15 years, beginning in the year of termination of employment or in nay of the first five years following termination of employment.
If the Participant does not make a valid election as to form and time of distribution, or upon the Participant’s death, amounts payable shall be delivered in a cash lump sum as soon as practical after termination of employment or death. Any such election shall be made by the Participant at the time the deferral election is made. Notwithstanding any provision of this Plan to the contrary, amounts payable to an officer of the Company shall be paid no sooner than the sixth month anniversary of the employee’s termination date. All payments under this Plan shall be made by, and all expenses of administering this Plan shall be borne by, the Company.
Benefits payable due to a Participant’s death shall be paid to the beneficiary designated on the most recent valid beneficiary designation form received by the Committee, or, if no valid beneficiary designation is on file or the beneficiary cannot be determined by the Committee, to the Participant’s estate.

VII.
NON-ASSIGNMENT
No assignment or alienation of the rights and interests of participants, beneficiaries and survivors under this Plan will be permitted or recognized under any circumstances. Plan benefits can be paid only to participants, beneficiaries or survivors.

VIII.
RIGHT TO MODIFY
E. I. du Pont de Nemours and Company reserves the right to change or discontinue this Plan in its discretion by action of the Compensation Committee of the Board of Directors, or its delegate; provided, however, that following the Change in Control no such amendment or termination may adversely affect the deferrals made under the Plan prior to the termination or adoption of the amendment (including, without limitation, any terms, conditions or distribution alternatives applicable to such deferrals). In addition, notwithstanding anything to the contrary above, for a period of two years following a Change in Control, the Company shall not terminate the Plan in whole or in part or make any amendment to the Plan which in any way adversely affects or limits the terms

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and conditions of benefits as available pursuant to the Plan immediately prior to the Change in Control.

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Retirement Savings Restoration Plan
Exhibit A
Participating Employers (Effective January 1, 2014)

E. I. du Pont de Nemours and Company - Level 13 and above

DuPont Performance Elastomers, L.L.C.        
EKC Technology, Inc.            Effective January 1, 2009
First Chemical Corporation            Effective January 1, 2009
First Chemicals Texas, LP
Effective January 1, 2009
DuPont Electronic Polymers, LP
Effective January 1, 2009

DuPont Authentication, Inc.
Effective January 1, 2009
DuPont Displays, Inc.
Effective January 1, 2009
DuPont Display Enhancements, Inc.
Effective January 1, 2009

Pioneer Hi-Bred International, LLC
- Level 19 and above
(effective June 30, 2011 for compensation paid beginning in 2012)

Danisco US Inc.
Effective January 1, 2013
Danisco USA Inc.                Effective January 1, 2013
Finnsugar Bioproducts, Inc.            Effective January 1, 2013
Genencor International Wisconsin Inc.    Effective January 1, 2013
Agtech Products Inc.                Effective January 1, 2013

Solae LLC                    Effective January 1, 2013

Farms Technology, LLC            Effective January 1, 2014
Doebler’s Pennsylvania Hybrids, Inc.    Effective January 1, 2014
Terral Seed, Inc.                Effective January 1, 2014
Hoegemeyer Hybrids, Inc.            Effective January 1, 2014
AgVenture, Inc.                Effective January 1, 2014
NuTech Seed, LLC                 Effective January 1, 2014
Seed Consultants, Inc.             Effective January 1, 2014


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:7/22/148-K
For Period end:6/30/14
5/15/14
1/1/14
1/1/13
6/30/1110-Q,  4
1/1/09
1/1/07
 List all Filings 

4 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/08/24  Corteva, Inc.                     10-K       12/31/23  176:25M
 2/09/23  Corteva, Inc.                     10-K       12/31/22  166:28M
 2/10/22  Corteva, Inc.                     10-K       12/31/21  187:29M
 2/11/21  Corteva, Inc.                     10-K       12/31/20  196:32M
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