AMENDMENT TO THE MEDIA GENERAL INC. ERISA EXCESS BENEFIT PLAN

EX-10.2 3 dex102.htm AMENDMENT TO THE MEDIA GENERAL, INC. ERISA EXCESS BENEFIT PLAN Amendment to the Media General, Inc. ERISA Excess Benefit Plan

Exhibit 10.2

AMENDMENT TO THE

MEDIA GENERAL INC. ERISA EXCESS BENEFIT PLAN

(Excess Benefit Plan)

FIRST: The Introduction to the Excess Benefit Plan is amended, effective May 31, 2009, to add the following sentence as the penultimate sentence in the second paragraph of such Introduction:

No additional benefits shall be accrued under the Plan after May 31, 2009.

SECOND: Article I of the Excess Benefit Plan is amended, effective May 31, 2009, to add the following sentence at the end of Section 1.09 thereof:

Compensation earned after May 31, 2009, shall not be taken into account for purposes of calculating a Participant’s Unrestricted Benefit.

THIRD: Article I of the Excess Benefit Plan is further amended, effective May 31, 2009, to add the following sentence at the end of section 1.10 thereof:

Compensation earned after May 31, 2009, is not taken into account for purposes of calculating the unrestricted Spousal Benefit payable to a Participant’s spouse.