eTrade 2008 Annual Report Download - page 253

AMENDMENT NO. 1
E*TRADE 401(K) PLAN
The Plan named above gives the Employer the right to amend it at any time. According to that right, the Plan is amended effective
January 1, 2007, as follows:
By striking the 2
nd
paragraph of the ROLLOVER CONTRIBUTIONS SECTION of Article III and substituting with the following:
A Rollover Contribution shall be allowed in cash and must be made according to procedures set up by the Plan
Administrator.
This amendment is made an integral part of the aforesaid Plan and is controlling over the terms of said Plan with respect to the
particular items addressed expressly herein. All other provisions of the Plan remain unchanged and controlling.
Unless otherwise stated on any page of this amendment, eligibility for benefits and the amount of any benefits payable to or on behalf
of an individual who is an Inactive Participant on the effective date(s) stated above, shall be determined according to the provisions of
the aforesaid Plan as in effect on the day before he became an Inactive Participant.
Signing this amendment, the Employer, as plan sponsor, has made the decision to adopt this plan amendment. The Employer is acting
in reliance on its own discretion and on the legal and tax advice of its own advisors, and not that of any member of the Principal
Financial Group or any representative of a member company of the Principal Financial Group.
Signed this 5
th
day of January, 2007.
E*TRADE FINANCIAL CORPORATION
By /s/ Kimberly Young
Sr Manager, Benefits
Title
Amendment No. 1 1 (5-19047)