First Amendment to Second Amended and Restated Ameren Corporation Change of Control Severance Plan

Contract Categories: Human Resources › Change of Control Agreements
Summary

This amendment, effective October 9, 2009, modifies Ameren Corporation's Change of Control Severance Plan. It states that participants added to Schedule I on or after October 1, 2009, are not eligible for Gross-Up Payments or related benefits under Section 4.4. All other terms of the original plan remain unchanged. The amendment is executed by Ameren Services Company on behalf of Ameren Corporation.

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EX-10.2 3 ex10_2.htm EXHIBIT 10.2 - AMENDED CHANGE OF CONTROL SEVERANCE PLAN ex10_2.htm
Exhibit 10.2
 

FIRST AMENDMENT TO THE SECOND AMENDED AND RESTATED AMEREN CORPORATION CHANGE OF CONTROL SEVERANCE PLAN
 
WHEREAS, Ameren Corporation (“Company”) previously established the Second Amended and Restated Ameren Corporation Change of Control Severance Plan, effective October 1, 2008 (“Plan”); and
 
WHEREAS, effective October 9, 2009, Ameren desires to amend the Plan in certain respects; and
 
WHEREAS, Article VI of the Plan provides that the Board of Directors of the Company (“Board”) may amend the Plan, as evidenced by a written instrument signed by an authorized officer of the Company;
 
NOW, THEREFORE, effective October 9, 2009, Section 4.4(a) of the Plan is amended to add the following sentence to the end thereof:
 
 
Notwithstanding the foregoing or any other provision in the Plan to the contrary, in no event shall a Participant who first becomes listed on Schedule I on or after October 1, 2009 be eligible to receive a Gross-Up Payment or any other payment or benefit under this Section 4.4.
 
Except as amended by this Amendment, all of the provisions of the Plan shall remain in full force and effect.
 
Capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings assigned to such terms in the Plan.
 
IN WITNESS WHEREOF, the Board has amended the Plan by the foregoing Amendment, which is adopted on this 12th day of October, 2009.
 
AMEREN SERVICES COMPANY
 
On behalf of AMEREN CORPORATION
 
By:    /s/ Mark C. Lindgren                       
 
Name:    Mark C. Lindgren                        
 
Title:      Vice President, Corporate HR