Amendment to Fannie Mae Supplemental Retirement Savings Plan for 2012 Executive Compensation Program
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Summary
This amendment, approved by the Fannie Mae Board of Directors on May 18, 2012, updates the Fannie Mae Supplemental Retirement Savings Plan. It clarifies that references to the Fannie Mae Deferred Pay Plan in the retirement plan now also include the Deferred Salary component of the 2012 Executive Compensation Program. The amendment ensures that deferred salary under the new executive compensation program is treated consistently within the retirement plan.
EX-10.3 3 rspamendmentmay2012ex103.htm EXHIBIT 10.3 SRSP Amendment May 2012 Ex 10.3
Exhibit 10.3
AMENDMENT TO FANNIE MAE
SUPPLEMENTAL RETIREMENT SAVINGS PLAN
Amendment for 2012 Executive Compensation Program
Pursuant to Section 9.2 of the Fannie Mae Supplemental Retirement Savings Plan (the “Plan”), and as approved by the Fannie Mae Board of Directors on May 18, 2012, the Plan is hereby amended as follows:
1. Section 2.6 of the Plan is amended to add the following new paragraph to the end thereof:
“References in the Plan to the Fannie Mae Deferred Pay Plan, and deferred pay under the Fannie Mae Deferred Pay Plan, shall include the Deferred Salary component of the 2012 Executive Compensation Program.”
