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Exhibit
10.24.4
AMENDMENT NO. 3
TO
ROADWAY LLC PENSION
PLAN
As amended and restated
January 1, 2004
WHEREAS , YRC
Worldwide Inc. (formerly, Yellow Roadway Company) (the “
Company ”) maintains the Roadway LLC Pension Plan, as
amended and restated January 1, 2004 (the “ Plan
”);
WHEREAS,
Section 9.1 of the Plan provides the Company may amend the
Plan at any time by action of its Board of Directors or the
Compensation Committee of its Board of Directors; and
WHEREAS, the Company
desires to amend the Plan (i) to change the definition of the
term “Compensation” to conform to the definition of
such term under the Yellow Corporation Pension Plan; and
(ii) to change the name of the Plan Sponsor from “Yellow
Roadway Corporation” to “YRC Worldwide
Inc.”
NOW, THEREFORE, BE IT
RESOLVED , that, effective January 3, 2006,
Section 2.11 of the Plan shall be, and it hereby is, amended
by adding the following sentence to the end of that Section:
“Effective January 3, 2006, the term
“Company” means YRC Worldwide Inc.”
AND BE IT FURTHER
RESOLVED , that, effective January 1, 2008, the Plan shall
be, and it hereby is, amended as follows:
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1. |
Restate Section 2.12(a) in its entirety as
follows: |
(a) For Plan Years prior to
January 1, 2008, the term “Compensation” means the
base pay of an Employee paid by the Controlled Group in a calendar
year plus overtime compensation, cash incentive compensation and
vacation compensation paid to that Employee, but excluding
(i) any payments of cash
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