Amendment to Edison International 2008 Executive Severance Plan (Elimination of Gross-Up Payments)
This amendment, effective December 8, 2010, modifies the Edison International 2008 Executive Severance Plan by removing Article 4. As a result, eligible employees will no longer receive gross-up payments to cover excise taxes related to a change in control under Internal Revenue Code Section 4999. The amendment applies to all employees covered by the plan.
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Exhibit 10.22.1
AMENDMENT TO THE
EDISON INTERNATIONAL 2008 EXECUTIVE SEVERANCE PLAN
Effective as of December 8, 2010, the Edison International 2008 Executive Severance Plan (the "Plan") was amended by deleting Article 4 in its entirety thereby eliminating gross-up payments for change in control excise taxes imposed under Internal Revenue Code Section 4999 for all eligible employees under the Plan.
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- Exhibit 10.22.1
