Amendment No. 1 to Unified Grocers, Inc. Cash Balance Plan
Unified Grocers, Inc. has amended its Cash Balance Plan, effective January 1, 2002. The amendment changes the language in Section 7.3(b) regarding the timing of certain distributions, specifying that for distributions not related to severance, death, or disability, a five-year period applies instead of a one-year period. The amendment was signed by the company's President and General Counsel on November 29, 2011.
Exhibit 10.75.1
AMENDMENT NO. 1
TO THE
UNIFIED GROCERS, INC.
CASH BALANCE PLAN
Unified Grocers, Inc. (the “Company”) hereby amends the above-named plan (the “Plan”), effective as of January 1, 2002, as follows:
1. The fourth sentence of Section 7.3(b) of the Plan is hereby amended in its entirety to read as follows:
“In the case of a distribution made for a reason other than severance from employment, death, or disability, this provision shall be applied by substituting ‘five-year period’ for ‘one-year period.’”
* * * * * *
The Company has caused this Amendment No. 1 to be signed on the date indicated below, to be effective as indicated above.
| “Company” | ||||||
| UNIFIED GROCERS, INC. | ||||||
| Dated: November 29, 2011 | By: | /s/ Robert M. Ling, Jr. | ||||
| Its: | President and General Counsel | |||||
