Attached files

file filename
EX-31.B - EXHIBIT 31.B CERT OF CFO - JOHNSON & JOHNSONex31b-302certofcfoxform10x.htm
EX-12 - EXHIBIT 12 STATEMENT OF COMPUTATION - JOHNSON & JOHNSONex12-statementofcomputatio.htm
EX-31.A - EXHIBIT 31.A 302 CERT OF CEO - JOHNSON & JOHNSONex31a-302certofceoxform10x.htm
EX-21 - EXHIBIT 21 SUBSIDIARIES - JOHNSON & JOHNSONex21-subsidiariesxform10xk.htm
EX-23 - EXHIBIT 23 PWC CONSENT - JOHNSON & JOHNSONex23-pwcconsentxform10xkx2.htm
EX-3.(I) - EXHIBIT 3.(I) RESTATED CERTIFICATE OF INCORPORATION - JOHNSON & JOHNSONexhibit3i-restatedcertific.htm
EX-99 - EXHIBIT 99 CAUTIONARY STATEMENT - JOHNSON & JOHNSONex99-cautionarystatementxf.htm
EX-32.B - EXHIBIT 32.B CERT OF CFO - JOHNSON & JOHNSONex32b-906certofcfoxform10x.htm
10-K - 10-K - JOHNSON & JOHNSONform10-k20160103.htm
EX-32.A - EXHIBIT 32.A CERT OF CEO - JOHNSON & JOHNSONex32a-906certofceoxform10x.htm


    
    
Exhibit 10(x)

SECOND AMENDMENT TO THE
SEVERANCE PAY PLAN OF
JOHNSON & JOHNSON AND U.S. AFFILIATED COMPANIES
(as amended and restated effective October 1, 2014)

Pursuant to the actions of the Pension and Benefits Committee of Johnson & Johnson at a meeting held on September 28, 2015, the Severance Pay Plan of Johnson & Johnson and U.S. Affiliated Companies (the "Plan") is amended as follows, effective with respect to individuals who are given notice of termination after September 28, 2015:
1.
Article 4.1(b)(iii) is amended to read as follows:
a.
An Eligible Employee is not eligible for the benefits provided in Article 5 if his or her employment is terminated as a result of any one of the following events:
*    *    *
i.
the refusal of a position with a Johnson & Johnson Company, which, in the sole discretion of the Pension and Benefits Committee, is comparable (meaning that the new position would not result in a reduction of the Eligible Employee’s base pay or salary (other than a de minimis reduction) or pay grade ) to the Eligible Employee’s current position and for which the primary work location is no more than a 50-mile radius from the Eligible Employee’s current primary work location, or the acceptance of employment with a Johnson & Johnson Company;

*    *    *


Nov 4, 2015                            /s/ Lisa Blair Davis
Date                                Lisa Blair Davis
Member
Pension & Benefits Committee
of Johnson & Johnson    


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