Amendment to BioMed Realty, L.P. 401(k) Retirement Savings Plan (March 28, 2005)

Contract Categories: Human Resources › Retirement Agreements
Summary

BioMed Realty, L.P. amends its 401(k) Retirement Savings Plan to lower the involuntary cash-out distribution limit from $5,000 to $1,000, effective March 28, 2005. This change will not reduce any participant's account balance as of December 31, 2004, or the date the amendment is adopted, whichever is later. The amendment was executed by the employer on November 17, 2005.

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EX-10.45 4 a18530exv10w45.htm EXHIBIT 10.45 exv10w45  

EXHIBIT 10.45
GOOD FAITH AMENDMENT TO THE
BIOMED REALTY, L.P. 401(K) RETIREMENT SAVINGS PLAN
     BIOMED REALTY, L.P. (the “Employer”) hereby amends the BIOMED REALTY, L.P. 401(K) RETIREMENT SAVINGS PLAN to be effective as specified below.
     Paragraph DD.1 of Article I is deleted and replaced with the following:
     1. Effective March 28, 2005, the $5,000 involuntary cash-out distribution limit shall be decreased to $1,000.
     This Amendment shall not reduce the Account Balance of any Participant determined as of the later of December 31, 2004 or the date this Amendment is adopted.
     This Amendment shall be effective as of March 28, 2005.
     IN WITNESS WHEREOF, the Employer executes this Amendment on this 17th day of November, 2005.
         
  EMPLOYER:
BIOMED REALTY, L.P.
 		  
  By:   /s/ GARY A. KREITZER    
    GARY A. KREITZER   
    Executive Vice President