Amendment No. 1 to Walgreen Co. Executive Deferred Profit-Sharing Plan
This amendment updates the Walgreen Co. Executive Deferred Profit-Sharing Plan to clarify that, starting January 1, 2013, previous contributions to the plan will count as part of a participant's compensation when determining eligibility under the plan's compensation limits. The change affects how eligibility is calculated but does not otherwise alter the plan's terms.
Exhibit 10.5
AMENDMENT NUMBER ONE
to the
WALGREEN CO. EXECUTIVE DEFERRED PROFIT-SHARING PLAN
The following sentence is added at the end of Section 3.1 (Eligibility):
Effective January 1, 2013, solely for purposes of determining Plan eligibility, prior Plan Year contributions to this Plan are included in a Participants compensation to determine whether the Participant has met the Profit-Sharing Plan Compensation Limitation.