Exhibit 10.23 to 2008 10-K
AMENDMENT TO
CONVERGYS CORPORATION PENSION
PLAN
(EGTRRA
RESTATEMENT)
Convergys Corporation Pension Plan
is hereby amended effective as of March 31, 2008 in the
following respects:
1. A new Section 1.3 is added
to the Plan to read as follows:
1.3 Closing and Freeze .
Notwithstanding any other provision of the Plan to the contrary,
the following shall apply:
1.3.1 No person shall become a
Participant in the Plan after March 31, 2008.
1.3.2 No person shall accrue
additional benefits under the Plan after March 31, 2008. For
purposes of clarity, interest credits shall continue to be credited
after March 31, 2008 to the Cash Balance Account of each
Participant in accordance with Section 5.4.3.
2. A new Section 2.1.7(i) is
added to the Plan to read as follows:
(i) The term “Covered
Employee” shall not include any person who was not a
“Covered Employee” on or prior to March 31,
2008.
3. A new paragraph is added to the
end of Section 4.1 of the Plan to read as follows:
Notwithstanding the foregoing
provisions of this Section 4.1, no person shall be eligible to
become a Participant after
