Fourth Amendment to the Aarons, Inc. Employees Retirement Plan
FOURTH AMENDMENT TO THE
AARONS, INC. EMPLOYEES RETIREMENT PLAN
THIS AMENDMENT to the Aarons, Inc. Employees Retirement Plan (the Plan) is made effective October 16, 2020.
W I T N E S S E T H :
WHEREAS, Aarons, Inc. previously established and has maintained the Plan for the benefit of eligible employees; and
WHEREAS, sponsorship of the Plan is being transferred from Aarons, Inc. to Aarons Holdings Company, Inc.; and
WHEREAS, the company wishes to amend the Plan to reflect the change in the plan sponsor;
NOW, THEREFORE, the Plan is hereby amended as follows:
Section 1.17 is amended to read as follows:
1.17 Company Stock means the common stock of the Controlling Company.
The sponsor will change from Aarons, Inc. to Aarons Holdings Company, Inc., and Section 1.21 is amended to read as follows:
1.21 Controlling Company means Aarons Holdings Company, Inc., and its successors that adopt the Plan.
Schedule A is amended to read as follows:
[see Plan Sections 1.30, 1.57 and 13.3]
Progressive Finance Holdings, LLC
Woodhaven Furniture Industries, LLC
Except as provided herein, the Plan will remain in full force and effect.
(signature on the following page)
IN WITNESS WHEREOF, this Administrative Committee has caused its duly authorized member to execute this Amendment on the date written below.
|AARONS HOLDINGS COMPANY, INC.|
|Name: Robert W. Kamerschen|
|Date: October 16, 2020|