Amendment No. 9 to Alltel Corporation Profit-Sharing Plan (January 1, 2002 Restatement)

Contract Categories: Human Resources › Profit Sharing Plans
Summary

This amendment, effective July 1, 2006, updates the Alltel Corporation Profit-Sharing Plan to recognize prior employment periods for employees who joined Alltel from Amarillo Celltelco (Cellular One of Amarillo) on that date. These employees will have their previous service with Cellular One of Amarillo counted under the plan. The amendment was executed by Alltel Corporation's President and CEO on June 27, 2006.

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EX-10.K.10 4 alltelex10k10080806.htm AMENDMENT NO. 9 TO ALLTEL CORPORATION PROFIT SHARING PLAN Unassociated Document
 
Exhibit 10(k)(10)
AMENDMENT NO. 9
TO
ALLTEL CORPORATION PROFIT-SHARING PLAN
(January 1, 2002 Restatement)
 
WHEREAS, Alltel Corporation (the "Company") maintains the Alltel Corporation Profit-Sharing Plan, as amended and restated effective January 1, 2002, and as subsequently amended, (the "Plan"); and
 
WHEREAS, the Company desires further to amend the Plan;
 
NOW, THEREFORE, BE IT RESOLVED, that the Company hereby amends the Plan in the respects hereinafter set forth:
 
1.  Effective as of July 1, 2006, a new subsection (kk) is added to Appendix B of the Plan to provide as follows:
 
(kk)   For an Employee who was an employee of Amarillo Celltelco or related entity ("Cellular One of Amarillo") immediately prior to July 1, 2006, and became an
     Employee on July 1, 2006, the Employee's period or periods of employment with Cellular One of Amarillo.
 
2.  Effective as of July 1, 2006, a new subsection (kk) is added to Appendix C of the Plan to provide as follows:
 
(kk)  For an Employee who was an employee of Amarillo Celltelco or related entity ("Cellular One of Amarillo") immediately prior to July 1, 2006, and became an
     Employee on July 1, 2006, the Employee's period or periods of employment with Cellular One of Amarillo.
 
IN WITNESS WHEREOF, the Company, by its duly authorized officer, has caused this Amendment No. 9 to the Alltel Corporation Profit-Sharing Plan (January 1, 2002 Restatement) to be executed on this 27th day of June, 2006.
 
ALLTEL CORPORATION


By: /s/ Scott T. Ford                                              
Title: President and Chief Executive Officer