Exhibit 10-i
OFFICER DISABILITY
PLAN
Plan Effective: January 1, 1984
Revisions Effective: January 1, 2010
OFFICER DISABILITY
PLAN
The AT&T Inc. (“AT&T” or
“Company”) Officer Disability Plan (“Plan”)
was formerly known as the Senior Management Long Term Disability
Plan prior to November 1, 2002. The purpose of the Plan
is to supplement an Eligible Employee’s disability benefits
provided under an AT&T Group Disability Plan.
“Committee” shall mean the Human Resources Committee of the
Board of Directors of AT&T Inc.
“ Eligible Employee ” shall
mean an Officer and any other individual who is participating in
the Plan as of September 1, 2005. Notwithstanding the
foregoing, the CEO of AT&T Inc. (“CEO”) may, from
time to time, exclude any Officer or group of Officers from being
an “Eligible Employee” under this
Plan. Further, an employee of a company acquired by
AT&T shall not be considered an Eligible Employee unless
designated as eligible by the CEO.
“ Employer ” shall mean
AT&T or any of its Subsidiaries.
“ Group Disability Plan ”
shall mean any Employer-paid group disability plan sponsored by
AT&T or any Subsidiary.
“ Long Term Disability Benefit
” shall mean the disability benefit provided under Section 3
of this Plan.
“ Officer ” shall mean an
individual who is designated as an officer for compensation
purposes on the records of AT&T.
“ Participant ” shall mean an
Eligible Employee who is disabled within the meaning of Section 2.1
or 3.1 of this Plan.
“Plan
Administrator” shall mean the SEVP-HR, or any other person or
persons whom the Committee may appoint to administer the Plan;
provided that the Committee may act as the Plan Administrator at
any time.
“ Pay ” shall mean the
monthly amount of an Eligible Employee’s annual base salary
rate (as determined by his or her Employer) on the last day prior
to entitlement to disability benefits under this Plan, but
excluding all differentials regarded as temporary or extra payments
and excluding all cash payments and distributions made under the
AT&T Short Term Incentive Plan, the AT&T 2001 Incentive
Plan, and the AT&T 2006 Incentive Plan, or successor
plans.
“ SEVP-HR ” shall mean the
company’s highest ranking Officer specifically responsible
for human resources matters.
“ Short Term Disability Benefit
” shall mean the disability benefit provided under Section 2
of this Plan.
Section 2. “
Subsidiary ” shall mean any corporation in which the
Company owns, directly or indirectly, more than fifty percent (50%)
of the total combined voting power of all classes of equity
interests, or any other entity (including, but not limited to,
partnerships and joint ventures) in which the Company owns more
than fifty percent (50%) of the combined equity
thereof. − Short Term Disability
Benefits
2.1 If an Eligible
Employee is eligible to receive short term disability benefits
under the Group Disability Plan, he/she is also eligible to receive
Short Term Disability Benefits under this Plan. Otherwise, an
Eligible Employee who, due to a physical or mental impairment, is
prevented from meeting the performance requirements of the position
he or she held immediately preceding the onset of his or her
physical or mental impairment shall be entitled to Short Term
Disability Benefits under this Section 2.
2.2 Subject to the
reductions and offsets described in Section 2.3, the Short Term
Disability Benefits provided under this Section 2 shall be a
monthly amount equal to one hundred percent (100%) of the
Participant’s Pay.
2.3 The
Participant’s Short Term Disability Benefit shall be reduced
by his or her short term disability benefit received under a Group
Disability Plan, if any. In addition, the
Participant’s combined Short Term Disability Benefit under
this Plan and his or her short term disability benefit under the
Group Disability Plan, if any, shall be reduced by any offsets as
provided in the Group Disability Plan.
Short Term Disability Benefits shall commence on
the date that short term disability benefits start under the Group
Disability Plan, or the date that short term disability benefits
would start under the Group Disability Plan had the Participant
been eligible for benefits under that plan. Short Term
Disability Benefits under this Plan shall be paid until the
earliest to occur of (i) the lapse of short term disability
benefits under the Group Disability Plan (whether or not actually
receiving benefits under the plan), or (ii) the Participant’s
ability to meet the performance requirements of the position he or
she held immediately preceding the onset of his or her physical or
mental impairment.
Section 3.
– Long Term Disability Benefits
3.1 If an Eligible
Employee is eligible to receive long term disability benefits under
the Group Disability Plan, he/she is also eligible to receive Long
Term Disability Benefits under this Plan. Otherwise, an Eligible
Employee shall be entitled to Long Term Disability Benefits after
the lapse of the Participant’s Short Term Disability Benefits
if the Eligible Employee, due to a physical or mental impairment,
is prevented from meeting the performance requirements of
(i) the position he or she held immediately preceding the
onset of his or her physical or mental impairment, (ii) a similar
position, and (iii) any appropriate position that the Participant
would otherwise be capable of performing by reason of his or her
background or experience.
3.2 Subject to the
reductions and offsets described in Section 3.3, the Long Term
Disability Benefits provided under this Section 3 shall be a
monthly amount equal to eighty percent (80%) of the
Participant’s Pay.
3.3 The
Participant’s Long Term Disability Benefit shall be reduced
by his or her long term disability benefit received under a Group
Disability Plan, if any. In addition, the
Participant’s combined Long Term Disability Benefit under
this Plan and his or her long term disability benefit under the
Group Disability Plan, if any, shall be reduced by any offsets as
prov