Amendment to Morgan Stanley & Co. Incorporated Excess Benefit Plan
Morgan Stanley & Co. Incorporated has amended its Excess Benefit Plan, effective April 1, 2007. The amendment states that employees who were not participants in the plan before the merger of Morgan Stanley DW Inc. into Morgan Stanley & Co. Incorporated on April 1, 2007, are not eligible to join the plan as a result of the merger or for any other reason. This amendment was executed on November 20, 2007, by the company's Global Head of Human Resources.
Exhibit 10.17
AMENDMENT TO
EXCESS BENEFIT PLAN
Morgan Stanley & Co. Incorporated (the “Corporation”) hereby amends the Morgan Stanley & Co. Incorporated Excess Benefit Plan, effective as of the date set forth herein, as follows:
1. Effective April 1, 2007, Section III, Participation in the Plan, is amended by adding the following at the end of the first paragraph thereof:
“In addition, if an employee was not a Participant immediately before the merger of Morgan Stanley DW Inc. with and into Morgan Stanley & Co. Incorporated as of April 1, 2007, such employee shall not be eligible to become a Participant hereunder as a result of such merger or otherwise.”
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IN WITNESS WHEREOF, the Corporation has caused this Amendment to be executed on its behalf as of the 20th day of November, 2007.
| MORGAN STANLEY & CO. INCORPORATED | ||
| By: | /s/ KAREN JAMESLEY | |
| Title: | Global Head of Human Resources | |
