Amendment No. 1 to Walgreen Co. 2011 Executive Deferred Compensation Plan

Contract Categories: Human Resources › Retirement Agreements
Summary

This amendment updates the Walgreen Co. 2011 Executive Deferred Compensation Plan. It allows executives who were eligible or participating in the Walgreen Co. Profit-Sharing Restoration Plan as of September 30, 2010, to defer up to 15% of their base salary starting January 1, 2011. The amendment clarifies eligibility and deferral limits for certain executives under the plan.

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EX-10.1 3 c62369exv10w1.htm EX-10.1 AMENDMENT NO. 1 TO 2011 EXECUTIVE DEFERRED COMPENSATION PLAN exv10w1
Exhibit 10.1
AMENDMENT NUMBER ONE
to the
WALGREEN CO. 2011 EXECUTIVE DEFERRED COMPENSATION PLAN
     Effective January 1, 2011, the Walgreen Co. 2011 Executive Deferred Compensation Plan (the “Plan”) is amended by adding the following language to the end of Section 4(A):
     “Notwithstanding the foregoing, executives who were eligible to participate or were participating as of September 30, 2010 in the Walgreen Co. Profit-Sharing Restoration Plan may elect to defer up to 15% of their base salary as of January 1, 2011.”