Amendment to UCDP, Ltd. Variable Deferred Compensation Plan for Executives
This amendment updates the Variable Deferred Compensation Plan for Executives to reflect the company's change in legal status. As of June 5, 2002, Universal City Development Partners, Ltd. became a Florida limited partnership after merging with a newly formed Florida entity. The amendment clarifies the definition of "Company" in the plan to include the new and former entities. The amendment was executed in Orlando, Florida, on June 9, 2003.
Exhibit 10.13
AMENDMENT
TO
VARIABLE DEFERRED COMPENSATION PLAN FOR EXECUTIVES
This Amendment of the Plan is adopted to reflect that as of June 5, 2002, the Company converted its legal status from that of a Delaware limited partnership, into a Florida limited partnership, by merging with a newly formed Florida limited partnership, Universal City Development Partners, Ltd., which was the surviving entity of the merger.
Accordingly, effective June 5, 2002, Section 2.9 of the Plan is revised to read as follows:
Section 2.9. Company. “Company” means Universal City Development Partners, Ltd., d/b/a Universal Orlando, and, during the period in which each of them previously existed separately, also means Universal City Florida Partners and Universal City Development Partners, LP.
EXECUTED AT Orlando, Florida, this 9th day of June, 2003.
| By: | /s/ John Sprouls | |
| Title: | Executive Vice President, HR |
