First Amendment to CBS Corporation Senior Executive Short-Term Incentive Plan
CBS Corporation has amended its Senior Executive Short-Term Incentive Plan, effective January 1, 2009. The amendment changes the timing for payment of awards, specifying that awards will be paid between January 1 and February 28 of the year following the end of the performance period. All other terms of the plan remain unchanged.
Exhibit 10(d)
FIRST AMENDMENT TO THE
CBS CORPORATION SENIOR EXECUTIVE
SHORT-TERM INCENTIVE PLAN
CBS Corporation hereby amends the CBS Corporation Senior Executive Short-Term Incentive Plan, effective January 1, 2009 (the Plan), as follows:
1. The second sentence of Section 2.5 is amended in its entirety to read as follows:
Such Awards shall be paid between January 1st and February 28th of the calendar year following the calendar year during which the Performance Period ends.
2. Capitalized terms used in but not defined in this First Amendment shall have the same meaning as in the Plan.
3. Except as otherwise provided herein, the Plan shall continue in full force and effect in accordance with its terms.