SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Target Corp. – ‘10-K’ for 1/30/21 – ‘EX-10.S’

On:  Wednesday, 3/10/21, at 2:49pm ET   ·   For:  1/30/21   ·   Accession #:  27419-21-10   ·   File #:  1-06049

Previous ‘10-K’:  ‘10-K’ on 3/11/20 for 2/1/20   ·   Next:  ‘10-K’ on 3/9/22 for 1/29/22   ·   Latest:  ‘10-K’ on 3/13/24 for 2/3/24   ·   43 References:   

Find Words in Filings emoji
 
  in    Show  and   Hints

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

 3/10/21  Target Corp.                      10-K        1/30/21  130:12M

Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.26M 
 2: EX-4.D      Instrument Defining the Rights of Security Holders  HTML     42K 
 3: EX-10.A     Material Contract                                   HTML     47K 
 4: EX-10.J     Material Contract                                   HTML    201K 
 5: EX-10.S     Material Contract                                   HTML     39K 
 6: EX-10.U     Material Contract                                   HTML     60K 
 7: EX-10.V     Material Contract                                   HTML     61K 
 8: EX-10.W     Material Contract                                   HTML     61K 
 9: EX-21       Subsidiaries List                                   HTML     31K 
10: EX-23       Consent of Expert or Counsel                        HTML     35K 
11: EX-24       Power of Attorney                                   HTML     70K 
12: EX-31.A     Certification -- §302 - SOA'02                      HTML     36K 
13: EX-31.B     Certification -- §302 - SOA'02                      HTML     36K 
14: EX-32.A     Certification -- §906 - SOA'02                      HTML     33K 
15: EX-32.B     Certification -- §906 - SOA'02                      HTML     33K 
22: R1          Cover Page                                          HTML     95K 
23: R2          Consolidated Statements of Operations               HTML    118K 
24: R3          Consolidated Statements of Comprehensive Income     HTML     51K 
25: R4          Consolidated Statements of Financial Position       HTML    118K 
26: R5          Consolidated Statements of Financial Position       HTML     48K 
                (Parenthetical)                                                  
27: R6          Consolidated Statements of Cash Flows               HTML    123K 
28: R7          Consolidated Statements of Shareholders'            HTML     77K 
                Investment                                                       
29: R8          Consolidated Statements of Shareholders'            HTML     33K 
                Investment (Parenthetical)                                       
30: R9          Summary of Accounting Policies                      HTML     38K 
31: R10         Coronavirus (Covid-19)                              HTML     35K 
32: R11         Revenues                                            HTML     70K 
33: R12         Cost of Sales and Selling, General and              HTML     38K 
                Administrative Expenses                                          
34: R13         Consideration Received from Vendors                 HTML     35K 
35: R14         Advertising Costs                                   HTML     34K 
36: R15         Fair Value Measurements                             HTML     58K 
37: R16         Cash and Cash Equivalents                           HTML     42K 
38: R17         Inventory                                           HTML     34K 
39: R18         Other Current Assets                                HTML     39K 
40: R19         Property and Equipment                              HTML     38K 
41: R20         Other Noncurrent Assets                             HTML     38K 
42: R21         Goodwill and Intangible Assets                      HTML     34K 
43: R22         Accrued and Other Current Liabilities               HTML     45K 
44: R23         Commitments and Contingencies                       HTML     38K 
45: R24         Commercial Paper and Long-Term Debt                 HTML     64K 
46: R25         Derivative Financial Instruments                    HTML     47K 
47: R26         Leases                                              HTML    157K 
48: R27         Income Taxes                                        HTML     95K 
49: R28         Other Noncurrent Liabilities                        HTML     42K 
50: R29         Share Repurchase                                    HTML     40K 
51: R30         Share-Based Compensation                            HTML     80K 
52: R31         Defined Contribution Plans                          HTML     46K 
53: R32         Pension Plans                                       HTML    156K 
54: R33         Accumulated Other Comprehensive Loss                HTML     48K 
55: R34         Summary of Accounting Policies (Policies)           HTML    110K 
56: R35         Revenues (Tables)                                   HTML     64K 
57: R36         Fair Value Measurements (Tables)                    HTML     60K 
58: R37         Cash and Cash Equivalents (Tables)                  HTML     40K 
59: R38         Other Current Assets (Tables)                       HTML     39K 
60: R39         Property and Equipment (Tables)                     HTML     35K 
61: R40         Other Noncurrent Assets (Tables)                    HTML     39K 
62: R41         Accrued and Other Current Liabilities (Tables)      HTML     45K 
63: R42         Commercial Paper and Long-Term Debt (Tables)        HTML     68K 
64: R43         Derivative Financial Instruments (Tables)           HTML     45K 
65: R44         Leases (Tables)                                     HTML    113K 
66: R45         Income Taxes (Tables)                               HTML     97K 
67: R46         Other Noncurrent Liabilities (Tables)               HTML     42K 
68: R47         Share Repurchase (Tables)                           HTML     40K 
69: R48         Share-Based Compensation (Tables)                   HTML     79K 
70: R49         Defined Contribution Plans (Tables)                 HTML     43K 
71: R50         Pension Plans (Tables)                              HTML    163K 
72: R51         Accumulated Other Comprehensive Loss (Tables)       HTML     48K 
73: R52         Coronavirus (Covid-19) (Details)                    HTML     40K 
74: R53         Revenues - Disaggregation of Revenue (Details)      HTML     58K 
75: R54         Revenues - Narrative (Details)                      HTML     49K 
76: R55         Revenues - Gift Card Liability Activity (Details)   HTML     37K 
77: R56         Advertising Costs (Details)                         HTML     33K 
78: R57         Fair Value Measurements - Schedule of Fair Value    HTML     49K 
                Measurements - Recurring Basis (Details)                         
79: R58         Fair Value Measurements - Schedule of Significant   HTML     37K 
                Financial Instruments not Measured at Fair Value                 
                (Details)                                                        
80: R59         Fair Value Measurements - Narrative (Details)       HTML     35K 
81: R60         Cash and Cash Equivalents - Narrative (Details)     HTML     40K 
82: R61         Cash and Cash Equivalents - Schedule of Cash and    HTML     42K 
                Cash Equivalents (Details)                                       
83: R62         Other Current Assets (Details)                      HTML     41K 
84: R63         Property and Equipment (Details)                    HTML     51K 
85: R64         Other Noncurrent Assets (Details)                   HTML     39K 
86: R65         Goodwill and Intangible Assets - Goodwill           HTML     37K 
                (Details)                                                        
87: R66         Goodwill and Intangible Assets - Intangible Assets  HTML     60K 
                (Details)                                                        
88: R67         Accrued and Other Current Liabilities (Details)     HTML     55K 
89: R68         Commitments and Contingencies (Details)             HTML     47K 
90: R69         Commercial Paper and Long-Term Debt - Schedule of   HTML     59K 
                Carrying Value and Maturities of Debt Portfolio                  
                (Details)                                                        
91: R70         Commercial Paper and Long-Term Debt - Schedule of   HTML     44K 
                Required Principal Payments (Details)                            
92: R71         Commercial Paper and Long-Term Debt - Narrative     HTML     76K 
                (Details)                                                        
93: R72         Commercial Paper and Long-Term Debt - Schedule of   HTML     41K 
                Commercial Paper (Details)                                       
94: R73         Derivative Financial Instruments - Narrative        HTML     45K 
                (Details)                                                        
95: R74         Derivative Financial Instruments - Effect of        HTML     37K 
                Hedges On Debt (Details)                                         
96: R75         Derivative Financial Instruments - Effect of        HTML     38K 
                Hedges on Net Interest Expense (Details)                         
97: R76         Leases - Narrative (Details)                        HTML     39K 
98: R77         Leases - Lease Assets and Liabilities (Details)     HTML     62K 
99: R78         Leases - Lease Cost (Details)                       HTML     47K 
100: R79         Leases - Maturity of Lease Liabilities (Details)    HTML     92K  
101: R80         Leases - Lease Term and Discount Rate (Details)     HTML     42K  
102: R81         Leases - Other Information (Details)                HTML     38K  
103: R82         Income Taxes - Narrative (Details)                  HTML     47K  
104: R83         Income Taxes - Schedule of Tax Rate Reconciliation  HTML     52K  
                - Continuing Operations (Details)                                
105: R84         Income Taxes - Schedule of Provision for Income     HTML     59K  
                Taxes (Details)                                                  
106: R85         Income Taxes - Schedule of Net Deferred Tax         HTML     63K  
                Asset/(Liability) (Details)                                      
107: R86         Income Taxes - Schedule of Reconciliation of        HTML     43K  
                Liability for Unrecognized Tax Benefits (Details)                
108: R87         Other Noncurrent Liabilities (Details)              HTML     48K  
109: R88         Share Repurchase (Details)                          HTML     38K  
110: R89         Share-Based Compensation - Narrative (Details)      HTML     74K  
111: R90         Share-Based Compensation - Schedule of Restricted   HTML     66K  
                Stock Activity and Performance Share Unit Activity               
                (Details)                                                        
112: R91         Share-Based Compensation - Schedule of Stock        HTML     63K  
                Option Activity (Details)                                        
113: R92         Share-Based Compensation - Schedule of Stock        HTML     38K  
                Option Exercises (Details)                                       
114: R93         Defined Contribution Plans (Details)                HTML     55K  
115: R94         Pension Plans - Schedule of Recognition of          HTML     45K  
                Funded/(Underfunded) Status (Details)                            
116: R95         Pension Plans - Schedule of Estimated Future        HTML     44K  
                Benefit Payments (Details)                                       
117: R96         Pension Plans - Schedule of Net Pension Benefit     HTML     53K  
                Expense (Details)                                                
118: R97         Pension Plans - Schedule of Benefit Obligation      HTML     38K  
                Weighted Average Assumptions (Details)                           
119: R98         Pension Plans - Schedule of Net Periodic Benefit    HTML     41K  
                Expense Weighted Average Assumptions (Details)                   
120: R99         Pension Plans - Narrative (Details)                 HTML     61K  
121: R100        Pension Plans - Schedule of Change in Projected     HTML     55K  
                Benefit Obligation (Details)                                     
122: R101        Pension Plans - Schedule of Change in Plan Assets   HTML     53K  
                (Details)                                                        
123: R102        Pension Plans - Schedule of Asset Category          HTML     53K  
                (Details)                                                        
124: R103        Pension Plans - Schedule of Fair Value              HTML     61K  
                Measurements (Details)                                           
125: R104        Pension Plans - Schedule of Amounts in Accumulated  HTML     42K  
                Other Comprehensive Income (Details)                             
126: R105        Accumulated Other Comprehensive Loss (Details)      HTML     63K  
128: XML         IDEA XML File -- Filing Summary                      XML    227K  
21: XML         XBRL Instance -- tgt-20210130_htm                    XML   2.52M 
127: EXCEL       IDEA Workbook of Financial Reports                  XLSX    129K  
17: EX-101.CAL  XBRL Calculations -- tgt-20210130_cal                XML    360K 
18: EX-101.DEF  XBRL Definitions -- tgt-20210130_def                 XML    625K 
19: EX-101.LAB  XBRL Labels -- tgt-20210130_lab                      XML   2.22M 
20: EX-101.PRE  XBRL Presentations -- tgt-20210130_pre               XML   1.22M 
16: EX-101.SCH  XBRL Schema -- tgt-20210130                          XSD    235K 
129: JSON        XBRL Instance as JSON Data -- MetaLinks              519±   762K  
130: ZIP         XBRL Zipped Folder -- 0000027419-21-000010-xbrl      Zip    659K  


‘EX-10.S’   —   Material Contract


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



 <!   C:   C: 
  Document  
        Exhibit (10)S
Amendment
to
Target Corporation Deferred Compensation Trust Agreement
(As Amended and Restated Effective January 1, 2009)
    
This Amendment, dated December 18, 2020 (the “Amendment”), is made to the Target Corporation Deferred Compensation Trust Agreement (As Amended and Restated Effective January 1, 2009 and as amended, restated, supplemented, modified and otherwise in effect from time to time, the “Trust Agreement”) by and between Target Corporation, a Minnesota corporation (the “Company”) and State Street Bank and Trust Company (the “Trustee”).
WHEREAS, the Company desires to amend certain provisions in the Trust Agreement to clarify that the Trustee shall not have investment discretion or responsibilities over the Trust following a change of control.
NOW, THEREFORE, the parties hereby amend the Trust Agreement, as follows:

1.Section 5 (c) is amended in its entirety and replaced with the following:

“Trustee shall hold, manage, invest and otherwise administer the Trust pursuant to the terms of this Agreement. The Trustee shall be responsible only for contributions actually received by it hereunder. The amount of each contribution made by the Employers to the Trust shall be determined in the sole discretion of the Executive Committee or other persons allocated that responsibility herein, and Trustee shall have no duty or responsibility with respect thereto. Except as otherwise specifically agreed to by Trustee, Trustee shall not be responsible for the administration of any Plan (including without limitation the determination of Plan participation rights of employees of the Employers and the determination of benefits of the participants in any Plan). Except to the extent that Trustee has otherwise specifically agreed in writing, Trustee shall not be responsible, directly or indirectly, for the investment or reinvestment of the assets of the Trust, which investment and reinvestment shall be the sole responsibility of Company. Upon a Change in Control, the Company shall identify the entity or individuals who will have discretion over the Trust and take on the responsibilities of the Company as described in this Agreement. If such identification is not made within thirty (30) days of the Change in Control, the Trustee shall resign and the Company shall designate a successor trustee to take over responsibilities of the Trust after such Change in Control. For the avoidance of doubt, the Trustee shall not have any discretion over the Trust or take on the responsibilities of the Company during such thirty (30) day period. Prior to Change of Control, and unless Company and Trustee have mutually agreed in a separate writing that Trustee shall have and exercise investment discretion, in either case with respect to all or a portion of the assets of the Trust, Company shall have complete discretion with respect to the investment of such assets at all times, and shall direct Trustee accordingly.”






2.Section 10 (c) is amended in its entirety and replaced with the following:

“Notwithstanding subsection (b), upon a Change of Control, Trustee may not be removed by Company for three years, provided however, if within thirty (30) days the Company does not identify the entity or individuals who will have discretion over the Trust and take on the responsibilities of the Company, the Trustee shall resign and the Company shall designate a successor trustee, pursuant to section 5 (c) herein.”

3.Except as specifically amended hereby, all other terms and conditions of the Trust Agreement shall remain in full force and effect.

4.This Amendment may be executed in several counterparts, each of which shall be deemed to be an original, and all such counterparts taken together shall constitute one and the same instrument. Counterparts may be executed in either original or electronically transmitted form (e.g., emailed portable document format (PDF) form), and the parties hereby adopt as original any signatures received via electronically transmitted form.


[Signature Page to follow]

















IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their duly authorized officers this     18th     day of     December    , 2020.

COMPANY

By    /s/ Melissa Kremer            
Title: EVP & CHRO
TRUSTEE

Title:    Vice President
image_01b.jpg



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:3/10/214,  4/A
For Period end:1/30/21
12/18/20
1/1/09
 List all Filings 


14 Subsequent Filings that Reference this Filing

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

 3/13/24  Target Corp.                      10-K        2/03/24  131:11M
11/22/23  Target Corp.                      S-3ASR     11/22/23    6:708K                                   Workiva Inc Wde… FA01/FA
 3/08/23  Target Corp.                      10-K        1/28/23  127:12M
 1/18/23  Target Corp.                      424B2                  2:753K                                   Toppan Merrill/FA
 1/17/23  Target Corp.                      424B2                  1:755K                                   Toppan Merrill/FA
 9/07/22  Target Corp.                      424B2                  2:646K                                   Toppan Merrill/FA
 9/06/22  Target Corp.                      424B2                  1:626K                                   Toppan Merrill/FA
 3/09/22  Target Corp.                      10-K        1/29/22  124:11M
 1/20/22  Target Corp.                      424B2                  1:671K                                   Toppan Merrill/FA
 1/19/22  Target Corp.                      424B2                  1:638K                                   Toppan Merrill/FA
11/24/21  Target Corp.                      10-Q       10/30/21   57:5.8M
 8/27/21  Target Corp.                      10-Q        7/31/21   55:4.5M
 5/28/21  Target Corp.                      10-Q        5/01/21   55:3.9M
 3/11/21  Target Corp.                      S-3ASR      3/11/21    6:949K                                   Toppan Merrill/FA


29 Previous Filings that this Filing References

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

 8/28/20  Target Corp.                      10-Q        8/01/20   57:5.7M
 6/11/20  Target Corp.                      8-K:5       6/10/20   13:451K
 4/02/20  Target Corp.                      8-K:5,9     3/27/20   11:343K                                   Toppan Merrill/FA
 3/11/20  Target Corp.                      10-K        2/01/20  130:15M
 3/13/19  Target Corp.                      10-K        2/02/19  129:13M
 1/10/19  Target Corp.                      8-K:5,9     1/07/19    2:85K                                    Toppan Merrill/FA
11/27/18  Target Corp.                      10-Q       11/03/18   64:7.7M
 3/14/18  Target Corp.                      10-K        2/03/18  143:12M
11/20/17  Target Corp.                      10-Q       10/28/17   64:4.4M
 8/21/17  Target Corp.                      10-Q        7/29/17   60:4.2M
 5/22/17  Target Corp.                      10-Q        4/29/17   50:3.2M
 3/08/17  Target Corp.                      10-K        1/28/17  147:13M
11/23/16  Target Corp.                      10-Q       10/29/16   66:6.1M
 5/25/16  Target Corp.                      10-Q        4/30/16   66:5.1M
 3/11/16  Target Corp.                      10-K        1/30/16  161:16M
 5/28/15  Target Corp.                      10-Q        5/02/15   63:6.3M
 3/13/15  Target Corp.                      10-K        1/31/15  127:20M
 3/14/14  Target Corp.                      10-K        2/01/14  118:19M
 7/29/13  Target Corp.                      10-Q/A      5/04/13    4:1.1M                                   Toppan Merrill/FA
 3/20/13  Target Corp.                      10-K        2/02/13  124:15M                                    Toppan Merrill-FA
 1/11/12  Target Corp.                      8-K:5,9     1/11/12    6:258K                                   Toppan Merrill/FA
 8/25/11  Target Corp.                      10-Q        7/30/11   69:14M                                    Toppan Merrill/FA
12/03/10  Target Corp.                      10-Q       10/30/10   51:9.7M                                   Toppan Merrill/FA
 6/10/10  Target Corp.                      8-K:5,9     6/09/10    3:121K                                   Toppan Merrill/FA
 3/13/09  Target Corp.                      10-K        1/31/09   18:3.3M                                   Toppan Merrill-FA
 5/01/07  Target Corp.                      8-K:9       5/01/07    4:144K                                   Toppan Merrill/FA
 3/15/07  Target Corp.                      10-K        2/03/07   18:1.6M                                   Toppan Merrill-FA
 4/11/05  Target Corp.                      10-K        1/29/05   13:2.7M                                   Toppan Merrill/FA
 8/10/00  Target Corp.                      8-K:7       8/10/00    2:450K                                   Toppan Merrill-FA2/FA
Top
Filing Submission 0000027419-21-000010   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Tue., Apr. 30, 4:28:35.1am ET