Amendment No. 2 to PPL Employee Stock Ownership Plan

Contract Categories: Human Resources › Retirement Agreements
Summary

This amendment updates the PPL Employee Stock Ownership Plan, originally effective January 1, 2000, and last amended in 2016. The amendment, effective December 1, 2018, revises Appendix A to update the list of participating companies and their effective dates. All other terms of the plan remain unchanged. The amendment is executed by the Employee Benefit Plan Board, chaired by Julissa Burgos.

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EX-4.A-3 3 ppl-12312018ex4ax3.htm EXHIBIT 4.A-3 Exhibit

Exhibit 4(a)-3


AMENDMENT NO. 2
TO
PPL EMPLOYEE STOCK OWNERSHIP PLAN

WHEREAS, PPL Services Corporation (“PPL”) has adopted the PPL Employee Stock Ownership Plan (“Plan”) effective January 1, 2000; and
WHEREAS, the Plan was amended and restated effective December 1, 2016, and subsequently amended by Amendment No. 1; and
NOW, THEREFORE, the Plan is hereby amended as follows:
I.
Effective December 1, 2018, Appendix A is amended to read as follows:

Appendix A
Participating Company
Name
Effective Date
1.
PPL Services Corporation

July 1, 2000
2.
PPL Electric Utilities Corporation

January 1, 1975
3.
PPL EnergyPlus, LLC
July 14, 1998
(not participating as of June 1, 2015)
4.
PPL Generation, LLC
July 1, 2000
(not participating as of June 1, 2015)
5.
PPL Brunner Island, LLC
July 1, 2000
(not participating as of June 1, 2015)
6.
PPL Holtwood, LLC
July 1, 2000
(not participating as of June 1, 2015)
7.
PPL Martins Creek, LLC
July 1, 2000
(not participating as of June 1, 2015)
8.
PPL Montour, LLC
July 1, 2000
(not participating as of June 1, 2015)



9.
PPL Susquehanna, LLC

July 1, 2000
(not participating as of June 1, 2015)
10.
PPLSolutions, LLC

January 1, 2002
11.
Lower Mount Bethel Energy, LLC
September 30, 2002
(not participating as of June 1, 2015)
12.
PPL Development Company, LLC

January 1, 2006
13.
PPL Global, LLC

January 1, 2006
14.
PPL Energy Services Group, LLC
September 25, 2006
(not participating as of June 1, 2015)
15.
PPL Interstate Energy Company
January 1, 2008
(not participating as of June 1, 2015)
16.
PPL Strategic Development, LLC

January 1, 2012
17.
PPL EnergyPlus Retail, LLC
June 23, 2011
(not participating as of June 1, 2015)
18.
PPL Energy Supply, LLC
September 17, 2012
(not participating as of June 1, 2015)
19.
PPL TransLink, Inc

February 11, 2016
20.
PPL EU Services Corporation

Effective January 1, 2015
21.
PPL Distributed Energy Resources, LLC
December 1, 2018





II.    Except as provided in this Amendment No. 2, all other provisions of the Plan shall remain in full force and effect.
IN WITNESS WHEREOF, this Amendment No. 2 is executed this _____ day of _______________, 2018.

 
 
EMPLOYEE BENEFIT PLAN BOARD
 
 
 
 
 
 
 
 
 
 
 
By:_________________________________
 
 
Julissa Burgos
 
 
Chair, Employee Benefit Plan Board