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Exhibit
10.1
AMENDMENT NO.
4
ROADWAY LLC PENSION
PLAN
(As Amended and Restated
Effective January 1, 2004)
THIS AGREEMENT is
entered into by YRC Worldwide Inc. (the “ Company
”) this 1 st day of July, 2008.
WITNESSETH:
WHEREAS , the Company
maintains the Roadway LLC Pension Plan (the “ Plan
”) for the benefit of eligible employees of the Company and
its participating affiliates;
WHEREAS ,
Section 9.1 of the Plan provides that the Company, through
action of its Board of Directors or Compensation Committee of its
Board of Directors, may amend the Plan at any time;
WHEREAS , the Company
has determined to amend the Plan (i) to freeze future benefit
accruals for participants except those participants covered by a
collective bargaining agreement between the Company and such
participants’ collective bargaining representative and
(ii) to clarify the definition of Average Annual Compensation
used to compute a participant’s benefit;
NOW, THEREFORE , the
Company agrees that the Plan is amended, effective
July 1, 2008, except as otherwise provided herein, as set
forth below:
1. Section 2.5(b) is
clarified and amended by striking the first sentence in its
entirety and inserting the following in lieu thereof:
Effective for Plan
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