Napa Auto Parts 2010 Annual Report Download - page 86
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18.
Effective January 1, 2011, Section 8.01 has been amended as follows:
Section 8.01 has been renumbered as Section 10.01.
The heading of Section 10.01 has been changed to read “Death of Key Employee or Key Participant before Supplemental Retirement Income Payments or
Additional Retirement Income Payments Commence.”
The following changes are made to Section 10.01(a).
The phrase “or Key Participant” has been added after the phrase “a Key Employee” in the first sentence of Section 10.01(a).
The phrase “or Additional Retirement Income” is added after the phrase “dies before Supplemental Retirement Income” in the first sentence of
Section 10.01(a).
The phrase “or Key Participant’s” has been added after the phrase “then the Key Employee’s” in the first sentence of Section 10.01(a).
The phrase “or Key Participant’s Additional Retirement Income” has been added after the phrase “lump sum value of the Key Employee’s Supplemental
Retirement Income” in the first sentence of Section 10.01(a).
The phrase “accrued to the date of his or her death under Article Five or Article Six, whichever is applicable,” in the first sentence of Section 10.01(a) is
changed to read “accrued to the date of his or her death under Article 5, Article 6, Article 7 or Article 8, whichever is applicable.”
The phrase “or Key Participant’s” has been added after the phrase “the Key Employee’s” in the last two sentences of Section 10.01(a).
In the last sentence of Section 10.01(a), “Section 8.03” has been changed to “Section 10.03”.
The following changes are made to Section 10.01(b).
The phrase “or Key Participant’s” has been added after the phrase “the Key Employee’s” in the first sentence of Section 10.01(b).
The phrase “Section 7.01” in the second sentence of Section 10.01(b) has been changed to “Section 9.01 (six month delay in distributions)”.
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