Napa Auto Parts 2010 Annual Report Download - page 88

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The phrase “or Key Participant” is added after the phrase “the Key Employee” in the first sentence of Section 10.03(a).
The second sentence of Section 10.03(a) is revised to read, “If no Beneficiary is designated or if the Beneficiary does not survive the Key Employee or
Key Participant, the Key Employee’s or Key Participant’s Beneficiary shall be deemed to be his or her Spouse, or if no Spouse, the Key Employee’s or Key
Participant’s descendants (per stirpes), or if no descendants, the Key Employee’s or Key Participant’s estate.”
The phrase “Key Participant or” is added following the phrase “Key Employee or” in the third sentence of Section 10.03(a).
The phrase “or Key Participant” is added following the phrase “Key Employee” in Section 10.03(b) (two instances).
21.
Effective January 1, 2011, Article Nine is amended as follows:
Article Nine has been renumbered as Article Eleven.
Section 9.01 has been renumbered to be Section 11.01.
Section 11.01(a) (former Section 9.01(a)) is amended as follows:
“Section 9.01(d)” in the first sentence of Section 11.01(a) has been revised to “Section 11.01(d)”.
The phrase “and a Key Participant described below shall receive an immediate lump sum payment of the Key Participant’s Additional Retirement Income
in lieu of the Additional Retirement Income otherwise provided under this Plan” is added to the end of the first paragraph in Section 11.01(a).
Section 11.01(a)(i) has been renumbered to Section 11.01(a)(1).
Section 11.01(a)(ii) has been renumbered to Section 11.01(a)(2).
The phrase “or key Participant” is added after the phrase “Key Employee” in each instance of Sections 11.01(a)(l) and (2) (5 instances).
“Section 9.01(b)” in the first sentence of Section 11.01 (a)(1) has been revised to “Section 11.01(b)”.
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