Amendment No. 2 to The PMI Group, Inc. Additional Benefit Plan (September 1, 2007 Restatement)
This amendment, effective November 16, 2010, modifies The PMI Group, Inc. Additional Benefit Plan by removing the phrase "or as soon as administratively practicable thereafter" wherever it appears in the plan. The amendment is executed by The PMI Group, Inc. through its Senior Vice President of Human Resources. The change clarifies the timing of certain actions or benefits under the plan.
EXHIBIT 10.15b
AMENDMENT NO. 2
Effective November 16, 2010
TO THE PMI GROUP, INC.
ADDITIONAL BENEFIT PLAN
(September 1, 2007 Restatement)
THE PMI GROUP, INC., having adopted The PMI Group, Inc. Additional Benefit Plan (the “Plan”) effective as of February 18, 1999, and amended and restated the Plan in its entirety effective as of September 20, 2006, and further amended and restated the Plan in its entirety effective as of September 1, 2007, and having further amended the restated Plan as of November 20, 2008, hereby amends the restated Plan as follows:
1. Effective as of November 16, 2010, the phrase “or as soon as administratively practicable thereafter” is deleted from each place that it appears in the Plan.
IN WITNESS WHEREOF, The PMI Group, Inc., by its duly authorized officer, has executed this Amendment No. 2 to the restated Plan as of the date specified below.
| THE PMI GROUP, INC. | ||||||
| Date: November 18, 2010 | By: | /s/ Charles F. Broom | ||||
| Charles Broom | ||||||
| Senior Vice President, Human Resources | ||||||
