Second Amendment to Harris Teeter Supermarkets, Inc. Executive Bonus Insurance Plan
This amendment, effective May 17, 2012, modifies the Harris Teeter Supermarkets, Inc. Executive Bonus Insurance Plan. It clarifies that participants cannot pledge, assign, encumber, borrow against, withdraw from, or otherwise dispose of the cash value of any insurance policy under the plan without the company's written consent. The amendment is authorized and executed by the company's Executive Vice President and Chief Financial Officer.
Exhibit 10.1
SECOND AMENDMENT
TO THE
HARRIS TEETER SUPERMARKETS, INC. EXECUTIVE BONUS INSURANCE PLAN
By the authority granted the undersigned officer of Harris Teeter Supermarkets, Inc. (f/k/a Ruddick Corporation), this Second Amendment to the Harris Teeter Supermarkets, Inc. Executive Bonus Insurance Plan ("Plan") is hereby adopted and approved as follows:
| 1. | Section 3.3(a) of the Plan shall be amended and restated in its entirety as follows: |
Shall not, without the written consent of the Company, possess the authority to pledge, assign, encumber, borrow against, withdraw from or otherwise dispose of the cash value of any policy acquired hereunder;
IN WITNESS WHEREOF, this Second Amendment to the Harris Teeter Supermarkets, Inc. Executive Bonus Insurance Plan is adopted effective May 17, 2012.
HARRIS TEETER SUPERMARKETS, INC.
By: /S/ JOHN B. WOODLIEF
John B. Woodlief, Executive Vice President and Chief Financial Officer
