Amendment No. 1 to the PacifiCorp Executive Voluntary Deferred Compensation Plan

Summary

This amendment updates the PacifiCorp Executive Voluntary Deferred Compensation Plan by changing the definition of "Valuation Date" to mean every day of the year. The amendment is effective as of November 2008 and is signed by PacifiCorp's Chairman of the Board. The change ensures that plan valuations can occur daily, providing more flexibility and up-to-date information for participants.

EX-10.10 3 exhibit10-10.htm AMENDMENT NO. 1 TO THE PACIFICORP EXECUTIVE VOLUNTARY DEFERRED COMPENSATION PLAN exhibit10-10.htm


 

 
EXHIBIT 10.10

AMENDMENT NO. 1
TO THE
PACIFICORP
EXECUTIVE VOLUNTARY DEFERRED COMPENSATION PLAN

This Amendment No.1 to the PacifiCorp Executive Voluntary Deferred Compensation Plan (“Plan”) shall be effective as of November __, 2008.

Section 1.28 of the Plan, definition of “Valuation Date”, is hereby amended by substituting the following in place thereof:

“1.28 “Valuation Date” means every day of the year.”

IN WITNESS WHEREOF, PacifiCorp has caused this instrument to be signed by its duly authorized officer on this 28th day of October, 2008.

 
PACIFICORP
 
 
By:
/s/ Gregory E. Abel
 
   
Gregory E. Abel, Chairman of the Board of Directors