Amendment to Target Corporation SPP III (2014 Plan Statement)
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Summary
Target Corporation has formally terminated its SPP III (2014 Plan Statement), a benefit plan that was previously frozen to new participants and currently has no eligible participants. The termination is effective January 1, 2016, as authorized by the company's Board of Directors and executed by the Chief HR Officer. This amendment finalizes the plan's closure and has no impact on current employees, as no one is eligible to receive benefits from the plan.
EX-10.NN 6 tgt-20160430xexhibit10nn.htm EXHIBIT 10.NN Exhibit
Exhibit (10)NN
AMENDMENT
to the
Target Corporation SPP III (2014 Plan Statement)
Pursuant to the retained power of amendment contained in Section 7.2 of the Target Corporation SPP III (2014 Plan Statement) (the “Plan”) and the authority delegated to the undersigned by the November 10, 2010 resolution of the Board of Directors of Target Corporation, the undersigned hereby amends the Plan in the manner described below.
The Plan, which was frozen to new participants as of November 8, 2000 and currently has no participants eligible to receive benefits from the Plan, is formally terminated effective January 1, 2016.
IN WITNESS WHEREOF, the undersigned has adopted this Amendment effective as of April 3, 2016.
Dated: 3/24/2016 | TARGET CORPORATION By: /s/ Stephanie Lundquist Stephanie Lundquist EVP & Chief HR Officer |
