Fourth Amendment to Spherion Corporation Deferred Compensation Plan

Contract Categories: Human Resources › Compensation Agreements
Summary

This amendment updates the Deferred Compensation Plan originally established by Interim Services Inc., now known as Spherion Corporation. The changes reflect the company's new name and update related plan references, including the 401(k) Benefit Plan and Stock Fund, to match the new corporate identity. The amendment is effective as of July 7, 2000, and is executed by the Spherion Corporation Plan Administration Committee. No other substantive changes to plan terms or participant benefits are made.

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EX-10.52 8 a2054894zex-10_52.txt FOURTH AMENDMENT TO THE INTERIM SERVICES INC. DEFE EXHIBIT 10.52 FOURTH AMENDMENT TO THE INTERIM SERVICES INC. DEFERRED COMPENSATION PLAN THIS FOURTH AMENDMENT to The Interim Services Inc. Deferred Compensation Plan (the "Plan") is made on this 7th day of July, 2000, by Spherion Corporation, formerly Interim Services Inc. (the "Company"). W I T N E S S E T H : WHEREAS, Article IX of the Plan provides that the Company has the right to amend the Plan at any time; and WHEREAS, the Company desires to amend the Plan to reflect its name change; NOW, THEREFORE, effective as of July 7, 2000, the Plan hereby is amended as follows: 1. The name of the Company is changed to Spherion Corporation wherever it appears in the Plan. 2. The name of the Plan is changed to Spherion Corporation Deferred Compensation Plan wherever it appears in the Plan. 3. The reference in Section 1.21 of the Plan is changed from the "Interim Services Inc. 401(k) Benefit Plan" to the "Spherion Corporation 401(k) Benefit Plan." 4. The references in the Plan to the "Interim Services Inc. Stock Fund" are changed to the "Spherion Corporation Stock Fund." IN WITNESS WHEREOF, this Fourth Amendment has been executed by the Company on the date first above written. SPHERION CORPORATION PLAN ADMINISTRATION COMMITTEE /s/ Roy Krause -------------- /s/ Lisa G. Iglesias -------------------- /s/ Shannon Allen Russo ----------------------- /s/ Stan E. Anderson -------------------- /s/ Wayne L'Heureux ------------------- /s/ Robert Morgan -----------------