First Amendment to Jack in the Box Inc. Supplemental Executive Retirement Plan (As Amended and Restated Effective January 1, 2009)

Summary

This amendment updates the definition of 'Years of Service' in the Jack in the Box Inc. Supplemental Executive Retirement Plan. It clarifies that years of service will be determined according to the provisions of the company's Retirement Plan as they existed on September 17, 2015, regardless of whether the individual participates in that plan, and excludes reference to a specific section (5.16) of the Retirement Plan. The amendment is intended to ensure consistency in how service years are calculated for retirement benefits.

EX-10.3.1 2 exhibit1031.htm EXHIBIT 10.3.1 Exhibit

Exhibit 10.3.1


FIRST AMENDMENT
TO THE
JACK IN THE BOX INC.
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
(As Amended and Restated Effective January 1, 2009)

1.
Section 2.23, “Years of Service” is hereby amended and restated in its entirety as follows:

’Years of Service’ means the number of years of service determined in accordance with the provisions of the Retirement Plan as in effect on September 17, 2015, whether or not the Participant is a participant in such plan, and without reference to Section 5.16 of the Retirement Plan.