Matching Contribution Amendment to the Media General, Inc. Supplemental 401(k) Plan
This amendment, effective January 14, 2009, modifies the Media General, Inc. Supplemental 401(k) Plan. It states that the company will not make or credit any matching contributions to the plan for the period starting with the first full payroll period on or after April 1, 2009, and ending with the last pay period beginning before December 31, 2009. The amendment was adopted by the Executive Committee of the Board of Directors and signed by Vice President James F. Woodward.
Exhibit 10.01
MATCHING CONTRIBUTION AMENDMENT
TO THE
MEDIA GENERAL, INC., SUPPLEMENTAL 401(k) PLAN
Media General, Inc. (the “Company”), hereby adopts the following amendment to the Media General, Inc., Supplemental 401(k) Plan (the “Plan”), effective January 14, 2009, pursuant to action taken by the Executive Committee of the Board of Directors of the Company on this date.
A new paragraph is added at the end of Section 5.03 of the Plan, Matching Contributions, which shall read as follows:
Notwithstanding the foregoing provisions of this Section 5.03, no Matching Contributions shall be made by the Company or credited under the Plan for the period beginning on the first day of the Company’s first full payroll period starting on or after April 1, 2009, and ending with the last pay period that begins prior to December 31, 2009.
| /s/ James F. Woodward, Vice President | ||||
| James F. Woodward, Vice President | ||||
| Date: | January 14, 2009 | |||
| January 14, 2009 | ||||
