MASTER PLAN AMENDMENT OF XEROX CORPORATION SPONSORED PLANS
EXHIBIT 10(bb)
MASTER PLAN AMENDMENT
OF
XEROX CORPORATION SPONSORED PLANS
WHEREAS, Xerox Corporation (the “Company”) has heretofore adopted various employee benefit plans as defined in the Employee Retirement Income Security Act of 1974, as amended (the “Plans”); and
WHEREAS, the Company desires to amend the Plans as set forth below:
Xerox Corporation Accidental Death and Dismemberment Insurance Plan
Xerox Corporation Cafeteria Plan
Xerox Corporation Employee Stock Ownership Plan
Xerox Corporation Extended Long-Term Disability Income Plan
Xerox Corporation Long-Term Care Plan
Xerox Corporation Long-Term Disability Income Plan
Xerox Corporation Mid-Career Hire Executive Health Plan
Xerox Corporation Provisional Supplement Benefit Plan
Xerox Corporation Puerto Rico Insured Statutory Short-Term Disability Income Plan
Xerox Corporation Retiree Flex Plan
Xerox Corporation Retirement Income Guarantee Plan
Xerox Corporation Salary Redirection Plan
Xerox Corporation Savings Plan
Xerox Corporation Supplemental Retirement Income Guarantee Plan for
Highly-Compensated Pilots
Xerox Corporation Tuition Aid Plan
Xerox Corporation Unfunded Retirement Income Guarantee Plan
Xerox Corporation Unfunded Supplemental Executive Health Plan for Spouses
Xerox Corporation Vacation Purchase Plan
Xerox Corporation Welfare Plan
Xerox Dental Care Plan
Xerox Medical Care Plan
Xerox Medical Care Plan for Retired Employees (Old Plan)
Xerox Retiree Flex Health Care Plan
Xerox Retiree Health Care Plan (New Plan)
including any other employee benefit plans, if any, for which the Vice President, Human Resources, has named a Plan Administrator committee;
NOW, THEREFORE, the Plans are hereby amended by substituting the language below in the section of each Plan which provides a Limitations of Actions section to read in its entirety as follows:
“Any action brought in state or federal court (other than an alleged breach of fiduciary duty action which shall be governed by the terms of ERISA Section 413) must be commenced within one year after the cause of action accrues. This one-year limitation period includes, but is not limited to, any action for alleged: wrongful denial of Plan benefits, and any wrongful interference, modification, or termination of Plan benefits, rights, or features.”
The foregoing amendment is effective as of the date hereof. In all other respects the Plans shall remain unchanged.
IN WITNESS WHEREOF, the Company has caused this Amendment to be executed by its duly authorized officer this 2nd day of May, 2011.
XEROX CORPORATION | ||
By | /s/ TOM MADDISON | |
Vice President of Human Resources |