ComEd 2006 Annual Report Download - page 408

EXELON CORPORATION
EXECUTIVE DEATH BENEFITS PLAN
ARTICLE 1
TITLE AND PURPOSE
The title of this plan shall be “Exelon Corporation Executive Death Benefits Plan.” The purpose of this Plan is to provide
supplemental death benefits to selected executives of the Employers. The benefits made available under this Plan are in addition to
any death benefits provided under other plans maintained by the Employers. The benefits provided under this Plan are welfare
benefits, and the Plan is intended to be an employee welfare benefit plan under the Employee Retirement Income Security Act of
1974, as amended (“ERISA”). These benefits shall be separate and apart from and not in any way dependent upon, connected to or
related to any retirement benefits provided by the Employers and shall not be deemed to be benefits under an “employee pension
benefit plan” as that term is defined in ERISA.
ARTICLE 2
DEFINITIONS
As used herein the following words and phrases shall when capitalized herein have the following respective meanings.
(A) Beneficiary. The person or persons entitled to receive a benefit under the Plan in the event of the death of a Participant,
determined pursuant to Section 4.5 (relating to Beneficiary designation).
(B) Company. Exelon Corporation, a Pennsylvania corporation, or any corporation which shall succeed to the business of
such corporation and adopt the Plan pursuant to Article 8 (relating to continuance by a successor).
(C) Effective Date. The effective date of the Plan shall be January 1, 2003.
(D) Employee. An individual whose relationship with an Employer is, under common law, that of an employee.
(E) Employer. The Company and each subsidiary or affiliate of the Company whose Executives are selected to participate
in this Plan.
(F) Executive. An Employee who is in Band E7 or above.