[AETNA Logo] INTEROFFICE COMMUNICATION
RICHARD L. HUBER
PRESIDENT AND CHIEF EXECUTIVE OFFICER
A801
(860) 273-7851
FAX: (860) 273-6872
To Frederick C. Copeland
Date September 26, 1997
Subject Pension Credit
This memorandum is to confirm that paragraph 7 of my letter to you dated June 6,
1995 regarding your pension benefits in amended in its entirety and replaced
with the following:
Your participation in the pension plan will begin after you have
completed one year of service with Aetna. Under the terms of the plan
currently in effect, you will receive credit for your actual years of
service from your date of employment and your benefit will vest after
five years of such service. We also will credit you under a supplemental
plan with an additional eight years of service as follows: the first
after two years of active service; the second after three years of active
service; the third and fourth after four years of active service; the
fifth after five years of active service; the sixth after six years of
active service; the seventh after seven years of active service; and the
eighth after eight years of active service. Under the regular plan, you
will accumulate one year for each year you remain in the employ of the
Company (but no more than 35 years of actual and credited service
combined will accumulate under both plans) as long as the plans remain in
effect.
Your Employment Agreement with the Company dated as of December 21, 1995 remains
in full force and effect.
Please sign and return one copy of this memorandum to evidence your agreement.
Aetna Inc.
By: /s/ Richard L. Huber
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Richard L. Huber
Agreed and Accepted:
By: /s/ Frederick C. Copeland, Jr.
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Frederick C. Copeland, Jr.
Date: 9/30/97
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