Napa Auto Parts 2010 Annual Report Download - page 66

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




This Amendment to the Genuine Parts Company Supplemental Retirement Plan is adopted by Genuine Parts Company (the “Company”), effective as of the
date set forth herein.

WHEREAS, the Company maintains The Genuine Parts Company Supplemental Retirement Plan (the “Plan”), and such Plan is currently in effect;
WHEREAS, the Company desires to amend the Plan; and
WHEREAS, pursuant to Section 10.08 of the Plan, the Company has reserved the right to amend the Plan through action of the Pension and Benefits
Committee;
NOW, THEREFORE, BE IT RESOLVED that the Plan is hereby amended as follows:
1.
Effective August 16, 2010, Section 8.01(a) is deleted in its entirety and a new Section 8.01 (a) is hereby substituted in lieu thereof as follows:
“8.01 Death of Key Employee Before Supplemental Income Payments Commence .
(a) Survivor Benefit. If a Key Employee (married or unmarried at the time of his or her death) dies before Supplemental Retirement Income commences
hereunder and prior to his or her Separation from Service, then the Key Employee’s Beneficiary shall be entitled to receive a survivor benefit which is
the equal to 100% of the lump sum value of the Key Employee’s Supplemental Retirement Income accrued to the date of his or her death under
Article Five or Article Six, whichever is applicable. The lump sum value shall be computed using the Applicable Mortality Table and the Applicable
Interest Rate as defined in Section 2.03 of the Pension Plan and based on the Key Employee’s age on the first day of the month following his or her
death. See Section 8.03 for provisions identifying the Key Employee’s Beneficiary.
* * * * * * * * *