McKesson 2005 Annual Report Download - page 115

access to, and copies of, all documents, records, and other information relevant to the claim for benefits. The notice shall describe any
voluntary appeal procedures offered by the Plan and the appellant’s right to obtain the information about such procedures. The notice shall also
include a statement of the appellant’s right to bring an action under Section 502(a) of ERISA.
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.
f. 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 Section 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 described by Section C.1.b.
10. “Eligible Executive” shall mean an employee of the Company selected as being eligible to participate in this Plan under Section C.1.a.
11. “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended.
10