Amendment No. 2 to Gannett Supplemental Retirement Plan (Restatement Dated August 7, 2007)
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Summary
Gannett Co., Inc. has issued an amendment to its Supplemental Retirement Plan, clarifying that terms like "termination of employment" and "retirement" are defined as a "separation from service" according to Section 409A of the Internal Revenue Code. This amendment ensures that the plan's language aligns with federal tax regulations. The amendment is effective as of December 22, 2010, and is executed by an authorized company officer.
EX-10.3.2 4 c11288exv10w3w2.htm EXHIBIT 10-3-2 Exhibit 10-3-2
Exhibit 10-3-2
GANNETT SUPPLEMENTAL RETIREMENT PLAN
Restatement dated August 7, 2007
Amendment No. 2
Gannett Co., Inc. hereby makes the following clarifying amendment to the Gannett Supplemental Retirement Plan, restatement dated August 7, 2007, (the Plan), as follows:
Section 8.5(b) of the Plan is amended by adding the following new sentence to the end thereof:
For purposes of this Plan, any reference to termination of employment, retirement or similar term shall mean a separation from service within the meaning of Section 409A.
IN WITNESS WHEREOF, Gannett Co., Inc. has caused this Amendment to be executed by its duly authorized officer as of December 22, 2010.
GANNETT CO., INC. | ||||
By: | /s/ Roxanne V. Horning | |||
Name: | Roxanne V. Horning | |||
Title: | Senior Vice President/Human Resources | |||