Second Amendment to Lear Corporation Annual Incentive Plan (Amended and Restated as of January 1, 2014)

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

Lear Corporation, through its Compensation Committee, has approved a second amendment to its Annual Incentive Plan, effective December 19, 2019. This amendment deletes the third sentence of Section 7.1 of the Plan. All other terms and provisions of the Plan remain unchanged and in effect.

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EX-10.33 4 lear-20191231xexx1033.htm EXHIBIT 10.33 Exhibit


Exhibit 10.33

SECOND AMENDMENT TO THE LEAR CORPORATION
ANNUAL INCENTIVE PLAN
(Amended and Restated as of January 1, 2014)

THIS SECOND AMENDMENT to the Lear Corporation Annual Incentive Plan (Amended and Restated as of January 1, 2014) (the “Plan”) was approved on December 19, 2019 by the Compensation Committee of the Board of Directors of Lear Corporation, pursuant to the authority reserved to it under Article 6 of the Plan, effective December 19, 2019.

WITNESSETH THAT:

1.
The third sentence of Section 7.1 of the Plan is hereby deleted in its entirety.    

2.
Except to the extent hereby amended, the Plan shall remain in full force and effect.