Amendment One to Consolidated Edison Company of New York, Inc. Deferred Income Plan (Effective January 1, 2017)

Contract Categories: Human Resources › Retirement Agreements
Summary

This amendment, effective January 1, 2017, adds Consolidated Edison Transmission, Inc. as a participating company in the Consolidated Edison Company of New York, Inc. Deferred Income Plan. Eligible employees of Consolidated Edison Transmission, Inc. will now be subject to the same terms and conditions as other participants in the plan. The amendment was approved by the relevant boards and executed by the Plan Administrator.

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EX-10.2.10.3 14 exhibit102103-201610k.htm EXHIBIT 10.2.10.3 Exhibit
Exhibit 10.2.10.3


AMENDMENT ONE

TO

THE CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.

DEFERRED INCOME PLAN

(Effective January 1, 2013)

In accordance with resolutions adopted by the Board of Directors of Consolidated Edison Transmission, Inc., (“CET”) on November 4, 2016 and the Board of Directors of Consolidated Edison, Inc. and the Board of Trustees of Consolidated Edison Company of New York, Inc. on November 17, 2016, approving CET’s adoption of the Consolidated Edison Company of New York, Inc. Deferred Income Plan (the “Plan”), the undersigned hereby approves, effective as of January 1, 2017, the amendments to the Plan set forth below.

1.
Section 1.16 Company is amended by adding the following to the end thereof:

“Company” shall also include any Affiliated Company listed in Appendix A that has adopted the Plan.

2.
An “APPENDIX A (Affiliated Companies that have adopted the Plan)” is hereby added to the Plan and section (a) thereunder is added as follows:

(a)
Consolidated Edison Transmission, Inc. shall become a Participating Company in the Plan effective as of January 1, 2017, and its eligible employees shall be subject to the same terms and conditions as other eligible employees of the Plan.

IN WITNESS WHEREOF, the undersigned has executed this instrument this 22 day of December, 2016.



                    
/s/ Richard Bagwell
Plan Administrator, and Vice President -
Human Resources
Consolidated Edison Company of New York, Inc.