Amendment No. 2 to National Service Industries, Inc. Executive Savings Plan

Summary

National Service Industries, Inc. (NSI) amends its Executive Savings Plan as of August 31, 2001, to reflect the company's restructuring and the formation of new subsidiary corporations. The amendment updates the list of participating employers in the plan. All other terms of the plan remain unchanged. This amendment is executed by NSI's authorized officers.

EX-10.17 26 g73258ex10-17.txt AMENDMENT NO. 2 TO EXECUTIVE SAVINGS PLAN EXHIBIT 10.17 AMENDMENT NO. 2 TO THE NATIONAL SERVICE INDUSTRIES, INC. EXECUTIVE SAVINGS PLAN THIS AMENDMENT made as of the 31st day of August, 2001, by National Service Industries, Inc., a Delaware corporation ("NSI"); W I T N E S S E T H: WHEREAS, NSI has previously established the National Service Industries, Inc. Executive Savings Plan (the "Plan") for the benefit of its eligible employees and their beneficiaries; and WHEREAS, effective as of August 31, 2001, NSI will restructure its business operations and form several new subsidiary corporations; and WHEREAS, NSI desires to amend the Plan in connection with the restructuring; and WHEREAS, pursuant to the power of amendment contained in the Plan, the Plan is hereby amended as follows: 1. The Plan is hereby amended by incorporating the following as the new Schedule 1: "Schedule 1 Adopting Employers National Service Industries, Inc. (CA) f/k/a NSI Enterprises, Inc. L&C Spinco, Inc. The Zep Group, Inc. L&C Lighting Group, Inc." 2. This Amendment shall be effective August 31, 2001. 3. Except as provided herein, the provisions of the Plan shall remain in full force and effect. IN WITNESS WHEREOF, NSI has caused this Amendment No. 2 to be executed by its duly authorized corporate officers as of the date and year first written above. ATTEST: NATIONAL SERVICE INDUSTRIES, INC. By: /s/ Carol E. Morgan By: /s/ Kenyon W. Murphy -------------------------- ----------------------------------