Amendment No. 1 to the AmSouth Bancorporation Supplemental Thrift Plan
This amendment, effective January 1, 2006, modifies the AmSouth Bancorporation Supplemental Thrift Plan. It changes eligibility rules so that employees hired on or after January 1, 2006, can participate once they have completed one year of service and their base salary reaches at least $175,000. All other terms of the plan remain unchanged. The amendment is executed by authorized officers of AmSouth Bancorporation.
Exhibit 10.10
AMENDMENT NUMBER 1
TO THE
AMSOUTH BANCORPORATION
SUPPLEMENTAL THRIFT PLAN
Amended and Restated as of January 1, 2004
AmSouth Bancorporation hereby amends the AmSouth Bancorporation Supplemental Thrift Plan (the Plan), effective January 1, 2006, as follows:
1. | By adding to the end of Section 3.1(b) the following: |
Notwithstanding the foregoing, any Employee hired on or after January 1, 2006 shall be eligible to participate hereunder as of the first day of the month coinciding with or next following the later of the Employees completion of one Year of Service and the date the Employees Base Salary equals or exceeds $175,000.
2. | All of the other terms, provisions and conditions of the Plan not herein amended shall remain in full force and effect. |
IN WITNESS WHEREOF, AmSouth Bancorporation has caused this Amendment Number 1 to be executed this 23rd day of December, 2005, by its duly authorized officers effective as herein stated.
AMSOUTH BANCORPORATION | ||||||||
ATTEST: | By: | /s/ C. Dowd Ritter | ||||||
By: |
/s/ Carl L. Gorday | Chairman, President and Chief Executive Officer | ||||||
Assistant Secretary |