Amendment to Cincinnati Bell Management Pension Plan Excluding Post-2008 Hires
This amendment to the Cincinnati Bell Management Pension Plan, effective January 1, 2009, states that employees hired or rehired after December 31, 2008, are not eligible to participate in the plan. The change was made by Cincinnati Bell Inc. and signed by its Vice President, General Counsel, and Secretary. The amendment ensures that only employees hired before 2009 can become covered under the pension plan.
Exhibit(10)(iii)(A)(17.17)
AMENDMENT TO
CINCINNATI BELL MANAGEMENT PENSION PLAN
The Cincinnati Bell Management Pension Plan (the “Plan”) is hereby amended, effective as of January 1, 2009 and in order to exclude employees hired or rehired on or after January 1, 2009 from being entitled to participate in the Plan, by adding a new paragraph (l) reading as follows to the end of Subsection 2.1.9 of the Plan.
(l) Notwithstanding the provisions of paragraph (a) above, if a person becomes an Employee on any date after December 31, 2008 (whether as a new hire or a rehire) after not having been an Employee on the immediately preceding date, then he shall not in any event be considered a “Covered Employee” at any time on or after such post-December 31, 2008 date on which he so becomes an Employee, even if he would be deemed to have become a Covered Employee during such time were the provisions of this paragraph (l) ignored.
IN ORDER TO EFFECT THE FOREGOING PLAN CHANGE, the Plan’s sponsor, Cincinnati Bell Inc., has caused its name to be subscribed to this Plan amendment.
| CINCINNATI BELL INC. | ||
| By: | /s/ Christopher J. Wilson | |
| Title: | V.P. General Counsel & Secretary | |
| Date: | ||
