American General Retirement Plan

 AMERICAN GENERAL CORPORATION
               FORM 10-Q
For the Quarter Ended March 31, 1996

                                                                   Exhibit 10 

               SUPPLEMENTAL RETIREMENT BENEFIT FOR JON P. NEWTON

      Following  his completion  of three  full years of  employment, American
General  Corporation has agreed to provide an additional retirement benefit to
Mr. Newton, provided he remains with the company for a minimum of  five years.
This supplemental retirement benefit  is to be paid  outside of the  qualified
American General  Retirement Plan and  is in  addition to his  accrued benefit
under  that Plan.   This supplemental benefit will  vest after five continuous
years of employment and is calculated as an additional year of benefit service
for every year of continuous service with the company after completion of this
third year, up to a maximum of six additional years.

 

Basic Info X:

Name: American General Retirement Plan
Type: Retirement Plan
Date: May 14, 1996
Company: AMERICAN GENERAL CORP /TX/
State: Texas

Other info:

Date:

  • the Quarter Ended March 31 , 1996

Organization:

  • American General Corporation
  • American General Retirement Plan

Person:

  • JON P. NEWTON