Second Amendment to BellSouth Non-Employee Directors Charitable Contribution Program
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Summary
This amendment, effective February 25, 2002, modifies the BellSouth Non-Employee Directors Charitable Contribution Program. It accelerates the schedule for charitable donation payments, requiring all remaining payments to be completed by 2008, with the change taking effect January 1, 2003. The amendment was recommended by the Committee and approved by the Board. The agreement involves BellSouth and its non-employee directors, focusing on the timing of charitable contributions made under the program.
EX-10.BBB.II 32 ex10bbb_ii.htm SECOND AMENDMENT TO THE NON-EMPLOYEE DIRECTORS CHARITABLE CONTRIBUTION PROGRAM, EFFECTIVE FEBRUARY 25, 2002 ex10bbb_ii.htm
Exhibit 10-bbb(ii)
SECOND AMENDMENT
TO THE
BELLSOUTH NON-EMPLOYEE DIRECTORS
CHARITABLE CONTRIBUTION PROGRAM
Effective February 25, 2002
THIS SECOND AMENDMENT is made to the Bellsouth Non-Employee Directors Charitable Contribution Program (the "Plan"). The Committee has reviewed and recommends Board approval of a recommendation that the Plan be amended to provide for the acceleration of remaining payments under the Plan.
Whereupon, on motion, it was
RESOLVED: that the Directors Charitable Contribution Program is hereby amended to provide for the acceleration of payments under the Plan, effective January 1, 2003, to complete donation payments by 2008.
