Voluntary Executive Supplemental Savings Plan [Amended and Restated 2004] (2004)Full Document 

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                                BIOGEN IDEC INC.

                  VOLUNTARY EXECUTIVE SUPPLEMENTAL SAVINGS PLAN
              (As Amended and Restated; Effective January 1, 2004)



                                TABLE OF CONTENTS




                                                                                                             Page
                                                                                                          
ARTICLE 1         INTRODUCTION.............................................................................    1
      1.1         Purpose and Effective Date...............................................................    1

ARTICLE 2         DEFINITIONS..............................................................................    1
      2.1         401(k) restoration.......................................................................    1
      2.2         Base salary..............................................................................    1
      2.3         Biogen Idec..............................................................................    1
      2.4         Biogen SERP..............................................................................    1
      2.5         Board....................................................................................    1
      2.6         Bonus....................................................................................    1
      2.7         Change in Control........................................................................    1
      2.8         Code.....................................................................................    1
      2.9         Committee................................................................................    1
      2.10        Compensation Committee...................................................................    1
      2.11        Disability...............................................................................    2
      2.12        Employee.................................................................................    2
      2.13        Employer.................................................................................    2
      2.14        ERISA....................................................................................    2
      2.15        Participant..............................................................................    2
      2.16        Plan.....................................................................................    2
      2.17        Plan year................................................................................    2
      2.18        Prior plan...............................................................................    2
      2.19        Savings Plan.............................................................................    2
      2.20        Service..................................................................................    2
      2.21        Transition Contribution..................................................................    2
      2.22        Voluntary Deferred Compensation..........................................................    2
      2.23        Years of service.........................................................................    2

ARTICLE 3         PARTICIPATION............................................................................    2
      3.1         Eligibility and Participation............................................................    2
      3.2         End of Participation.....................................................................    3

ARTICLE 4         SAVINGS DEPOSITS AND DEFERRALS BY PARTICIPANTS; EMPLOYER CREDITS.........................    3
      4.1         401(k) Restoration.......................................................................    3
      4.2         Voluntary Deferrals......................................................................    4
      4.3         Transition Contribution..................................................................    4
      4.4         Sign-Up Procedure for 401(k) Restoration and Voluntary Deferral Compensation.............    4

ARTICLE 5         PARTICIPANTS' ACCOUNTS...................................................................    5
      5.1         Participant Accounts.....................................................................    5
      5.2         Participant's Account Value..............................................................    6
      5.3         Vesting..................................................................................    7

ARTICLE 6         DISTRIBUTIONS TO PARTICIPANT.............................................................    8
      6.1         Distributions for Financial Hardship.....................................................    8
      6.2         In-Service Distribution(s) at a Time Specified by Participant............................    8
      6.3         Distribution upon Death of a Participant.................................................    9
      6.4         Distribution upon Participant's Termination of Employment................................    9
      6.5         Installment Distributions in Certain Cases...............................................    9

ARTICLE 7         MISCELLANEOUS............................................................................   10
      7.1         Amendment or Termination of Plan.........................................................   10
      7.2         Benefits Not Currently Funded............................................................   10





                                                                                                           
      7.3         No Assignment............................................................................   11
      7.4         Responsibilities and Authority of Committee..............................................   11
      7.5         Limitation on Rights Created by Plan.....................................................   11
      7.6         Tax Withholding..........................................................................   12
      7.7         Text Controls............................................................................   12
      7.8         Applicable State Law.....................................................................   12




                                    ARTICLE 1
                                  INTRODUCTION

1.1      PURPOSE AND EFFECTIVE DATE. The purpose of this plan is to provide
certain key executives and managers of Biogen Idec (or its subsidiaries) with
additional tax-deferred savings opportunities supplementing those available
under the Savings Plan. This plan allows participants whose compensation exceeds
the amount of compensation that may be taken into account by the Savings Plan
for any plan year (the Code Section 401(a)(17) limits) to make savings deposits
hereunder from such excess compensation with matching Biogen Idec contributions
on the same basis as is provided in the Savings Plan, and allows participants to
make additional, unmatched savings deposits from base salary or bonus if elected
by a participant.

         This plan also contains account balances previously maintained under

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