Amendment No. 1 to the Vencor Retirement Savings Plan

Summary

This amendment, effective September 26, 2000, modifies the Vencor Retirement Savings Plan to allow participants to make hardship withdrawals for funeral expenses of a spouse or legal dependent. The amendment specifies that such withdrawals are permitted if the plan committee determines the expenses represent an immediate and heavy financial need. The amendment was adopted by Vencor, Inc. and signed by the Chief Administrative Officer.

EX-10.8 8 0008.txt AMENDMENT NO. 1 TO VENCOR RETIREMENT SAVINGS PLAN EXHIBIT 10.8 AMENDMENT NO. 1 TO THE VENCOR RETIREMENT SAVINGS PLAN This is Amendment No. 1 to the Vencor Retirement Savings Plan (the "Plan") as amended and restated as of March 1, 2000, which Amendment shall be effective as of the date of its adoption. RECITALS WHEREAS, Vencor, Inc. (the "Company") maintains the Plan and has reserved the right in Section 9.1 of the Plan to amend the Plan from time to time in its discretion. WHEREAS, the Company now wishes to amend the Hardship Withdrawal provisions of the Plan to allow withdrawal for funeral expenses of a spouse or legal dependent. AMENDMENT TO SECTION 6.1(b) --------------------------- Section 6.1(b) of the Plan is hereby amended by adding an additional paragraph (6) which shall read in its entirety as follows: (6) expenses for the funeral of the spouse or legal dependent of a Participant, provided the Committee determines, based on all facts and circumstances, that the funeral expenses constitute an immediate and heavy financial need of the Participant. IN WITNESS WHEREOF, this Amendment No. 1 is hereby adopted this 26th day of September, 2000. By: /s/ Owen E. Dorsey ------------------ Title: Chief Administrative Officer ----------------------------