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AMENDMENT TO CONVERGYS CORPORATION RETIREMENT AND SAVINGS PLAN (EGTRRA RESTATEMENT)

Employee Benefits Plan Agreement

AMENDMENT TO CONVERGYS CORPORATION RETIREMENT AND SAVINGS PLAN (EGTRRA RESTATEMENT) | Document Parties: CONVERGYS CORPORATION You are currently viewing:
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CONVERGYS CORPORATION

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Title: AMENDMENT TO CONVERGYS CORPORATION RETIREMENT AND SAVINGS PLAN (EGTRRA RESTATEMENT)
Date: 2/27/2009
Industry: Computer Networks     Sector: Technology

AMENDMENT TO CONVERGYS CORPORATION RETIREMENT AND SAVINGS PLAN (EGTRRA RESTATEMENT), Parties: convergys corporation
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Exhibit 10.18 to 2008 10-K

AMENDMENT TO

CONVERGYS CORPORATION RETIREMENT AND SAVINGS PLAN

(EGTRRA RESTATEMENT)

The Convergys Corporation Retirement and Savings Plan is hereby amended effective as provided below in the following respects:

1. Effective as of April 1, 2008, the first sentence of Section 5.2 of the Plan is amended to read as follows:

For each payroll period beginning on or after April 1, 2008, the Participating Companies shall contribute to the Plan for each eligible Participant who (a) has satisfied the eligibility requirements for Employer Contributions under Sections 4.1 and 4.2, and (b) who authorized salary deferral contributions under Section 5.1 for a pay period, an amount equal to 100% of the first five percent of Covered Compensation with respect to which salary deferral contributions were authorized for the pay period.

2. Effective as of April 1, 2008, a new paragraph is added to the end of Section 6.9 to read as follows:

Notwithstanding the foregoing provisions of this Section 6.9, the Plan shall not satisfy the “safe harbor” requirements described in Section 401(k)(12) of the Code and this Section 6.9 for the 2008 Plan Year. The limitations on salary def


 
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