Amendment to Monro Muffler Brake, Inc. Profit Sharing Plan (Effective April 1, 2013)

Contract Categories: Human Resources › Profit Sharing Plans
Summary

This amendment, executed by Monro Muffler Brake, Inc. on May 24, 2013, updates the company's Profit Sharing Plan. It allows participants to terminate their elective deferrals at any time with proper notice and specifies that any changes or reinstatements to these deferrals will take effect on the first day of the next month. The amendment is effective as of April 1, 2013, and is signed by the company's Executive Vice President and CEO.

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EX-10.05A 5 d731059dex1005a.htm EX-10.05A EX-10.05a

Exhibit 10.05a

AMENDMENT TO THE

MONRO MUFFLER BRAKE, INC. PROFIT SHARING PLAN (“PLAN”)

Pursuant to the provisions of Article XIV of the Plan, the Plan is hereby amended, effective April 1, 2013, by deleting Section VI.A.2 and substituting the following in its place:

 

  2. Participants shall be permitted to terminate their Elective Deferrals at any time upon proper and timely notice to the Employer. Modifications and reinstatement of Participants’ Elective Deferrals will become effective as soon as administratively feasible on a prospective basis as provided for below:

 

Modifications

   

Reinstatement

   

Method

¨    ¨    On a daily basis.
¨    ¨    Upon              days notice to the Plan Administrator.
¨    ¨    On the first day of each quarter.
x    x    On the first day of the next month.
¨    ¨    The beginning of the next payroll period.
¨    ¨    On the first day of the next semi-annual period.
¨    ¨    On the first day of the next Plan Year.

IN WITNESS WHEREOF, this Amendment was executed on the 24th day of May, 2013.

 

Monro Muffler Brake, Inc.
/s/ Catherine D’Amico

 

Executive Vice President and Chief Executive Officer