First Chicago NBD Corp – ‘10-K405’ for 12/31/96 – EX-10.(F)

As of:  Thursday, 3/27/97   ·   For:  12/31/96   ·   Accession #:  950131-97-2081   ·   File #:  1-07127

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Annual Report — [x] Reg. S-K Item 405   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K405     Annual Report -- [x] Reg. S-K Item 405                93    484K 
 2: EX-3.(B)    By-Laws of the Corporation, as Amended                11     59K 
 3: EX-10.(C)   1st Chicago/Nbd Corporation Executive Estate Plan      6     23K 
 4: EX-10.(D)   Financial Planning Program for Executives              1      8K 
 5: EX-10.(F)   Long Term Disability Restoration Plan                  2     12K 
 6: EX-10.(J)   Deferred Compensation Plan                            13     34K 
 7: EX-10.(K)   Supplemental Savings and Investment Plan               7     17K 
 8: EX-10.(L)   Personal Pension Account Supplemental Plan             6     26K 
 9: EX-10.(M)   Individual Change of Control Employment Agreement     16     71K 
10: EX-10.(N)   Individual Executive Employment Agreement             14     60K 
11: EX-10.(Q)   Nbd Bancorp, Inc. Benefit Protection Trust Agmt       16     54K 
12: EX-12       Statements Re Computation of Ratios                    1      6K 
13: EX-21       First Chicago Nbd Corporation Subsidiaries             2     12K 
14: EX-23       Consent of Independent Public Accountants              1      9K 
15: EX-27       Financial Data Schedule                                2     13K 

EX-10.(F)   —   Long Term Disability Restoration Plan

EX-10.(F)
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                                                                   EXHIBIT 10(F)
                                                           Draft

FIRST CHICAGO NBD CORPORATION 
LONG-TERM DISABILITY RESTORATION PLAN 
------------------------------------- 

Section 1 - Effective Date                                                      
--------------------------                                                      

This plan is effective as of January 1, 1997.                       

Section 2 - Purpose                                                             
--------------------                                                            

The principal purpose of this Plan is to provide for the payment of 
certain long-term disability benefits to certain officers of First Chicago NBD  
Corporation, and its affiliated corporations (hereinafter "FCNBD") in excess of 
(a) the limitations on benefits imposed by Section 505(b)(7) of the Internal    
Revenue Code of 1986, as amended (hereinafter the "Code"), and (b) the          
limitation on the maximum monthly benefit contained in the First Chicago NBD    
Corporation Long-Term Disability Plan (hereinafter the "LTD Plan").  This Plan  
is established to insure that the total long-term disability benefits of all    
totally disabled officers of FCNBD entitled to receive benefits under the LTD   
plan can be determined on the same basis.                                       

Section 3 - Administration                                                      
--------------------------                                                      

     (a) This Plan shall be administered by the Organization, Compensation and
Nominating Committee of the Board of Directors of FCNBD (hereinafter the        
"Compensation Committee") as an unfunded plan. The Compensation Committee's     
decisions in all matters involving the interpretation and application of this   
Plan shall be conclusive.                                                       

      (b) The Plan shall at all times be maintained by FCNBD and administered by
the Compensation Committee as a plan wholly separate from the LTD Plan.         

Section 4 - Eligibility                                                         
-----------------------                                                         

Officers whose long-term disability benefits under the LTD Plan are 
limited by the provisions set forth therein to conform to Section 505(b)(7) of  
the Code or whose monthly long-term disability benefit payment is limited by the
maximum monthly benefit limitation contained in the LTD Plan shall be eligible  
for benefits provided by this Plan.  In no event shall an officer who is not    
entitled to benefits under the LTD Plan be eligible for any benefits under this 
Plan.                                                                           

Section 5 - Amount of Benefits                                                  
------------------------------                                                  

The benefits payable to an eligible officer or his or her eligible  
survivors hereunder shall equal the excess, if any, of:                         

EX-10.(F)
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    (a) the benefits that would have been paid to such officer or his or her
eligible survivors under the LTD Plan if the provisions of the LTD Plan were    
administered and benefits paid as if the officer had elected the 60% of pay     
option and without regard to the benefit limitations contained in the LTD Plan  
to conform it to Section 505(b)(7) of the Code or the maximum monthly benefit   
limitation contained in the LTD Plan over                                       

    (b) the benefits that are payable to such officer or his or her eligible
survivors under the LTD Plan.                                                   

Section 6 - Payment of Benefits                                                 
-------------------------------                                                 

     (a) Payment of benefits under this Plan shall be made coincident with the
payment of benefits under the LTD Plan or as soon as practicable thereafter.    

(b) Benefits under the Plan shall be payable solely from the general
assets of FCNBD.  The Plan shall remain unfunded during the entire period of its
existence.                                                                      

Section 7 - Rights of Employees                                                 
-------------------------------                                                 

     Except to the extent provided in Section 8 hereinbelow, no officer or his
or her eligible survivors shall at any time have any vested right to receive the
benefits provided by this Plan.                                                 

Section 8 - Amendment and Discontinuance                                        
----------------------------------------                                        

    FCNBD expects to continue this Plan indefinitely, but reserves the right
to amend or discontinue it if, in its sole judgment, such amendment or          
discontinuance is deemed necessary or desirable.  However, if FCNBD should amend
or discontinue this Plan, FCNBD shall be liable for any benefits that have      
accrued under this Plan as of the date of such action (determined on the basis  
of an eligible officer's total disability as of the date of such amendment or   
discontinuance).                                                                

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘10-K405’ Filing		Date		First		Last			Other Filings
Filed on:		3/27/97
		1/1/97		1
For Period End:		12/31/96							11-K
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