Amgen 2013 Annual Report Download - page 155

Download and view the complete annual report

Please find page 155 of the 2013 Amgen annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 207

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207

TABLE OF CONTENTS
Page
PURPOSE ................................................................................................................................ 1
ARTICLE 1 DEFINITIONS........................................................................................................ 1
ARTICLE 2 SELECTION/ENROLLMENT/ELIGIBILITY....................................................... 5
2.1 Selection by Committee.......................................................................................... 5
2.2 Enrollment Requirements........................................................................................ 5
2.3 Eligibility/Commencement of Participation............................................................ 6
2.4 Termination of Participation and/or Deferrals........................................................ 6
ARTICLE 3 DEFERRAL COMMITMENTS/COMPANY MATCHING/CREDITING/
TAXES.................................................................................................................... 6
3.1 Maximum Deferrals................................................................................................ 6
3.2 Election to Defer/Effect of Election Form.............................................................. 6
3.3 Delayed Commencement Election.......................................................................... 7
3.4 Withholding of Annual Deferral Amounts.............................................................. 7
3.5 Annual Company Contribution Amount................................................................. 7
3.6 Vesting..................................................................................................................... 7
3.7 Crediting/Debiting of Account Balances................................................................. 8
3.8 FICA and Other Taxes............................................................................................. 9
3.9 Distributions............................................................................................................ 10
ARTICLE 4 SHORT-TERM PAYOUT........................................................................................ 10
4.1 Short-Term Payout.................................................................................................. 10
4.2 Other Benefits Take Precedence Over Short Term Payout..................................... 10
ARTICLE 5 DISTRIBUTION OF BENEFITS FOLLOWING SEPARATION FROM
SERVICE................................................................................................................ 10
5.1 Distributions............................................................................................................ 10
5.2 Installment Payments.............................................................................................. 11
5.3 Distribution Election Changes................................................................................ 11
ARTICLE 6 SURVIVOR BENEFITS......................................................................................... 11
6.1 Survivor Benefits..................................................................................................... 12
6.2 Death Before Commencement of Benefits.............................................................. 12
6.3 Death After Commencement of Benefits................................................................ 12
6.4 Distribution Election Changes................................................................................ 12
6.5 Beneficiary.............................................................................................................. 12
6.6 Beneficiary Designation Change/Spousal Consent................................................. 13
6.7 Acknowledgment.................................................................................................... 13
6.8 No Beneficiary Designation.................................................................................... 13
6.9 Discharge of Obligations......................................................................................... 13
ARTICLE 7 DISABILITY WAIVER AND BENEFIT............................................................... 13
7.1 Disability Waiver..................................................................................................... 13
ARTICLE 8 DISTRIBUTIONS - GENERAL............................................................................. 14
8.1 Generally................................................................................................................ 14
8.2 Six-Month Delayed Payment.................................................................................. 14
8.3 Accelerated Distributions........................................................................................ 14
8.4 Delayed Distributions.............................................................................................. 14
i