Third Amendment to GPI US Consolidated Pension Plan (Effective January 1, 2018)

Contract Categories: Human Resources › Retirement Agreements
Summary

This amendment updates the GPI US Consolidated Pension Plan, maintained by Graphic Packaging International, Inc., to reflect the company's name change to Graphic Packaging International, LLC, effective January 1, 2018. The Retirement Committee, authorized by the Board of Directors, approved this change. The amendment ensures that all references to the company in the pension plan use the new legal name. No other terms of the pension plan are changed by this amendment.

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EX-10.53 6 a3rdamendgpiusconsolidated.htm EXHIBIT 10.53 Exhibit

THIRD AMENDMENT TO THE
GPI US CONSOLIDATED PENSION PLAN
(As Amended and Restated Effective January 1, 2017)

WHEREAS, Graphic Packaging International, Inc. (the “Company”) maintains for the benefit of its employees the GPI US Consolidated Pension Plan (the “Plan”); and

WHEREAS, Section 4.1 of the Plan authorizes the Board of Directors of Graphic Packaging Holding Company (the “Board”) to amend the Plan at any time; and

WHEREAS, the Board has delegated to the Retirement Committee of Graphic Packaging International, Inc. (the “Retirement Committee”) the responsibility to make certain amendments to the Plan; and

WHEREAS, the Retirement Committee deems it desirable to amend the Plan to reflect a forthcoming change to the name of the Company.

NOW, THEREFORE, BE IT RESOLVED, that, effective as of January 1, 2018, “Graphic Packaging International, Inc.” is amended to read as “Graphic Packaging International, LLC” each place it appears in the Plan.


BE IT FURTHER RESOLVED, that the Retirement Committee has approved this Third Amendment to the GPI US Consolidated Pension Plan this 28th day of November, 2017.


GRAPHIC PACKAGING INTERNATIONAL, INC. RETIREMENT COMMITTEE MEMBERS

    
    
By: /s/ Brad Ankerholz                            
Brad Ankerholz

By: /s/ Carla J. Chaney                            
Carla J. Chaney

By: /s/ Debbie Frank                            
Debbie Frank

By: /s/ Stephen Scherger                             
Stephen Scherger

By: /s/ Brian A. Wilson                             
Brian A. Wilson


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