Amendment 2 to The New York TimesCompany Supplemental Executive Retirement Plan, as amended andrestated effective January 1, 2009
Exhibit 10.1
Amendment 2 to
The New York Times Company Supplemental Executive Retirement Plan,
as amended and restated effective January 1, 2009
The New York Times Company Supplemental Executive Retirement Plan, as amended and restated effective January 1, 2009, is hereby amended, effective January 1, 2009 as follows:
1. Section 3.3 is hereby amended by changing the reference to Normal Retirement Date to Postponed Retirement Date. Section 3.3., as amended, shall read as follows:
3.3 The annual Retirement benefit payable to a Participant who Retires on a Postponed Retirement Date shall be equal to the benefit determined in accordance with Section 3.1 based on the Participants Service and Final Average Earnings as of the Participants Postponed Retirement Date.