McKesson 2005 Annual Report Download - page 171

October 28, 2004.
I. ADMINISTRATION OF THE PLAN
1. In General. The Plan shall be administered by the Executive Vice President, Human Resources of McKesson. If the Executive Vice
President, Human Resources is an Executive participating in the Plan, then any discretionary action he or she takes as Administrator which
directly affects him or her as Executive shall be specifically approved by the Compensation Committee. The Administrator shall have the
ultimate responsibility to interpret the Plan and shall adopt such rules and regulations for carrying out the Plan as it may deem necessary or
appropriate. Decisions of the Administrator shall be final and binding on all parties who have an interest in the Plan.
2. Elections and Notices. All elections and notices made by an Executive under this Plan shall be in writing and filed with the
Administrator.
3. Action By Board and Compensation Committee. The Board and Compensation Committee may act under this Plan in accordance with
their normal procedures and practice, including, but not limited to, delegation of their authority to act under this Plan.
J. AMENDMENT OR TERMINATION OF THE PLAN
The Board may at any time amend, alter, modify or terminate the Plan. Such action shall not reduce the benefits provided under this Plan
with respect to any Executive whose employment has terminated before such action. Also, such action shall not reduce the benefits provided
under this Plan with respect to any Executive who is participating in the Plan at the time of such action below the amount provided in
Section E, treating for purposes of Section E the amendment, alteration, modification, or termination which adversely affects the Executive as
though it were a termination of employment. An illustration of the calculation of benefits in the event of termination of the Plan under this
Section J is attached as Appendix III.
K. CLAIMS AND APPEALS
1. Informal Resolution of Questions. Any Participant or Beneficiary who has questions or concerns about his or her benefits under the
Plan is encouraged to communicate with the Human Resources Department of McKesson. If this discussion does not give the Participant or
Beneficiary satisfactory results, a formal claim for benefits may be made in accordance with the procedures of this Section K.
2. Formal Benefits Claim – Review by Executive Vice President, Human Resources. A Participant or Beneficiary may make a written
request for review of any matter concerning his or her benefits under this Plan. The claim must be addressed to the Executive Vice President,
Human Resources, McKesson Corporation, One Post Street, San Francisco, California 94104. The Executive Vice President, Human
Resources or his or her delegate (“Executive Vice President”) shall decide the action to be taken with respect to any such request and may
require additional information if necessary to process the request. The Executive Vice President shall review the request and shall issue his or
her decision, in writing, no later than 90
7