SECOND AMENDMENT TO THE PLUM CREEK PENSION PLAN
EX-10.7 5 ex10720131231.htm SECOND AMENDMENT TO PLUM CREEK PENSION PLAN EX 10.7 2013.12.31
Exhibit 10.7
SECOND AMENDMENT
TO THE
PLUM CREEK PENSION PLAN
The Plum Creek Pension Plan (“Plan”), as amended and restated effective January 1, 2012 (“2012 Restatement”), is amended as follows, pursuant to Section 12.1 of the Plan, effective as indicated below:
1. | Section 1.32 Partner, in Part A, and Section 1.26 Partner, in Part B, are each amended effective September 16, 2013, by deleting the first sentence, in its entirety, and replacing it with the following: |
“Partner” means a person who is not a Spouse and who is a same-sex domestic partner of a Participant, if the Participant has submitted an affidavit to the Pension Committee, in the form required by the Pension Committee, in which the Participant establishes that the Participant and the domestic partner are either:
(a) | registered with a state as domestic partners; or |
(b) | not registered with a state as domestic partners, but: |
(i) | are of the same sex; |
(ii) | have been in an established domestic partnership for at least six months; |
(iii) | are the sole domestic partner of each other and intend to remain so indefinitely; |
(iv) | live together and intend to do so indefinitely; |
(v) | are jointly responsible for each other’s welfare and common financial obligations; |
(vi) | are not legally married to anyone else; |
(vii) | are not related by blood to a degree that would prohibit legal marriage; and |
(viii) | are of at least the age of legal consent in the state in which they live. |
2. | Section 1.27 Hour of Service, in Part A, is amended effective December 7, 2013, by replacing the table thereunder, with the following table: |
Acquired Company | Acquisition Date | Participation Date |
Riverwood International Corporation | October 17, 1996 | October 18, 1996 |
Canfor USA | May 31, 1998 | June 1, 1998 |
S.D. Warren | November 12, 1998 | November 13, 1998 |
Escanaba Timber LLC | November 15, 2005 | November 16, 2005 |
MeadWestvaco Corporation | December 6, 2013 | December 7, 2013 |
3. | Section 1.48 Year of Service, in Part A, is amended effective December 7, 2013, by replacing the table thereunder, with the following table: |
Acquired Company | Acquisition Date | Participation Date |
Riverwood International Corporation | October 17, 1996 | October 18, 1996 |
Canfor USA | May 31, 1998 | June 1, 1998 |
S.D. Warren | November 12, 1998 | November 13, 1998 |
Escanaba Timber LLC | November 15, 2005 | November 16, 2005 |
MeadWestvaco Corporation | December 6, 2013 | December 7, 2013 |
4. | Section 2.1 Eligibility for Participation, in Part A, is amended effective December 7, 2013, by replacing the table thereunder, with the following table: |
Acquired Company | Acquisition Date | Participation Date |
Riverwood International Corporation | October 17, 1996 | October 18, 1996 |
Canfor USA | May 31, 1998 | June 1, 1998 |
S.D. Warren | November 12, 1998 | November 13, 1998 |
Escanaba Timber LLC | November 15, 2005 | November 16, 2005 |
MeadWestvaco Corporation | December 6, 2013 | December 7, 2013 |
The Timber Company* | October 6, 2001 | October 7, 2001 |
IN WITNESS WHEREOF, the Company has caused this Second Amendment to the Plan to be executed on this 16th day of December, 2013.
PLUM CREEK TIMBERLANDS, L.P. By PLUM CREEK TIMBER I, L.L.C., Its General Partner | ||
/s/ Christine Wiltz | By: /s/ David W. Lambert | |
Witness | David W. Lambert Senior Vice President and Chief Financial Officer | |
