McKesson 2005 Annual Report Download - page 139

e. The decision of the Executive Vice President on the appeal shall be final, conclusive and binding upon all persons and shall be given
the maximum possible deference allowed by law.
5. Exhaustion of Remedies. No legal or equitable action for benefits under the Plan shall be brought unless and until the claimant has
submitted a written claim for benefits in accordance with Section J.2, has been notified that the claim is denied in accordance with Section J.3,
has filed a written request for a review of the claim in accordance with Section J.4, and has been notified in writing that the Executive Vice
President has affirmed the denial of the claim in accordance with Section J.4.
K. DEFINITIONS
For purposes of this Plan, the following terms shall have the meanings indicated:
1. “Account” means the Account specified in Section E.1.
2. “Administrator” shall mean the person specified in Section H.
3. “Beneficiary” shall mean the person or entity described by Section E.6.
4. “Board” shall mean the Board of Directors of McKesson.
5. “Company” shall mean McKesson and any member of its controlled group as defined by Section 414(b) and 414(c) of the Internal
Revenue Code of 1986, as amended.
6. “Compensation Committee” shall mean the Compensation Committee of the Board.
7. “Declared Rate” shall have the meaning described in Section E.1.
8. “Disabled” or “Disability” shall mean a physical or mental condition which the Social Security Administration has determined renders
the Participant eligible to receive Social Security benefits on account of disability.
9. “Eligible Director” shall mean a member of the Board designated as eligible to participate in this Plan prior to the date participation was
frozen.
10. “Eligible Executive” shall mean an employee of the Company selected as being eligible to participate in this Plan prior to the date
participation was frozen.
11. “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended.
12. “McKesson” shall mean McKesson Corporation, a Delaware corporation.
13. “Participant” shall be any Company executive or member of the Board for whom amounts are credited to an Account under this Plan.
Upon a Participant’s death, a Participant’s Beneficiary shall be a Participant until all amounts are paid out of the Participant’s Account.
14. “Plan” shall mean the McKesson Corporation Management Deferred Compensation Plan (“MDCP”).
15. “Retirement” shall mean termination of employment after (a) the date on which the Participant’s number of points under the Retirement
Share Plan portion of the McKesson Corporation Profit-Sharing Investment Plan equals 65, (b) attaining eligibility for a Retirement Allowance
under the terms of the McKesson Corporation Retirement Plan or (c) receiving an
8