EXHIBIT 10(d)
AMENDMENT TO TRUST AGREEMENT FOR
TCF FINANCIAL EXECUTIVE DEFERRED COMPENSATION PLAN
The Trust Agreement for the TCF Financial Executive Deferred Compensation Plan
is hereby amended effective November 1, 1997 to replace the existing Article 9.1
with the following:
ARTICLE 9
AMENDMENT AND TERMINATION OF THE TRUST
SECTION 9.1. The Board of Directors of TCF Financial may, in its
discretion, terminate or amend this Trust Agreement from time to time, provided,
however, that no such termination or amendment shall (without the Employee's
consent) alter any Employee's right to payments of amounts previously credited
to such Employee's Account or delay the time or times at which an Employee is
entitled to receive payments with respect to his Deferred Amounts, unless such
termination or amendment is necessary as a condition of receiving a ruling from
the Internal Revenue Service that Employees' Deferred Amounts will not be
included in their gross income for Federal income tax purposes until such time
as they are actually paid or otherwise made available to the Employee.
The Trust Agreement is hereby amended effective October 20, 1997, to replace
Article 11 with the following:
ARTICLE 11
SPECIAL PROVISIONS FOR EMPLOYEES SUBJECT TO SECTION 16 OF THE SECURITIES
AND EXCHANGE ACT OF 1934
SECTION 11.1. Notwithstanding anything in this Trust to the contrary, for
an Employee who is subject to liability under Section 16 of the Securities and
Exchange Act of 1934, the Company shall administer participation elections and
investment elections pursuant to the provisions of Paragraph 10 of the Plan and
the Trustee shall provide for investment elections as permitted under Paragraph
10.c.