Amendment to Amended and Restated American Color Graphics, Inc. Supplemental Executive Retirement Plan
Contract Categories:
Human Resources
›
Retirement Agreements
Summary
This amendment, effective October 3, 2007, modifies the Supplemental Executive Retirement Plan of American Color Graphics, Inc. The change updates the timing of benefit payments to participants, specifying that payments will be made upon termination of employment, but not before January 1, 2008. The amendment is executed by the company's Chairman and CEO, Stephen M. Dyott.
EX-10.11.(A) 5 g09975exv10w11wxay.htm EX-10.11.(A) AMENDMENT TO AMENDED AND RESTATED AMERICAN COLOR GRAPHICS, INC. SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN EX-10.11.(A) AMENDMENT
EXHIBIT 10.11(a)
AMENDMENT dated as of October 3, 2007, to the Amended and Restated American Color Graphics, Inc. Supplemental Executive Retirement Plan (the Plan), as amended and restated effective as of July 1, 2005.
WHEREAS, American Color Graphics, Inc. (the Company) sponsors the Plan and Section 4.5 of the Plan grants the Company the right to amend the Plan.
NOW, THEREFORE, Section 2.3(i) of the Plan is amended by deleting the phrase the six month anniversary of the Participants termination of employment with the Company or its subsidiaries and replacing such phrase with the following: the Participants termination of employment with the Company or its subsidiaries, except that no payment shall be made earlier than January 1, 2008.
IN WITNESS WHEREOF, the Company has caused this Amendment to be duly executed, as of the day and year first above written.
AMERICAN COLOR GRAPHICS, INC. | ||||
By: | /s/ Stephen M. Dyott | |||
Name: | Stephen M. Dyott | |||
Title: | Chairman & CEO | |||
7