AMENDMENT TO THE BELO CORP. CHANGE IN CONTROL SEVERANCE PLAN
Contract Categories:
Human Resources
- Change of Control Agreements
EX-10.1 2 d66684exv10w1.htm EX-10.1 exv10w1
Exhibit 10.1
AMENDMENT TO THE
BELO CORP.
CHANGE IN CONTROL SEVERANCE PLAN
BELO CORP.
CHANGE IN CONTROL SEVERANCE PLAN
Belo Corp., pursuant to authorization of the Board of Directors, adopts the following amendment to the Belo Corp. Change in Control Severance Plan (the Plan).
1. Schedule A to the Plan is amended in its entirety to read as follows:
POSITION | TIER | SEVERANCE MULTIPLE | ||
Chief Executive Officer | Tier I | 2.0 | ||
Members of the Companys Management | Tier II | 1.5 | ||
Committee (other than the Chief Executive Officer) | ||||
Executive Vice Presidents and Senior Vice | Tier III | 1.5 | ||
Presidents (other than Management Committee members) | ||||
Vice Presidents (not described in Tier II or Tier III) | Tier IV | 1.5 | ||
2. The foregoing amendment will be effective as of December 31, 2008.
Executed at Dallas, Texas, this 3rd day of March, 2009.
BELO CORP. | ||||
By: | /s/ Kim S. Besse | |||
Kim S. Besse | ||||
Vice President/Human Resources | ||||