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Exhibit 10.17
FIRST AMENDMENT
TO
ALLERGAN, INC.
SAVINGS AND INVESTMENT
PLAN
(RESTATED 2008)
The ALLERGAN, INC. SAVINGS AND
INVESTMENT PLAN (the “Plan”) is hereby amended as
follows:
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1.
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Section 2.34 of
the Plan is hereby amended as follows:
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2.34
Matched Deposits . “Matched
Deposits” of a Participant shall mean his or her Participant
Deposits (whether Before Tax, including “catch up”
Before Tax Deposits described in Section 4.2(e) or After Tax but
excluding Rollover Contributions) not in excess of two percent (2%)
of Compensation. Matched Deposits shall participate in allocations
of Matching Contributions and Matching Contribution Forfeitures.
The Matched Deposits of Participants (expressed as a percentage of
Participant’s Compensation as set forth above) may be changed
at any time and from time to time by action of the delegate of the
Board of Directors, provided that such change is within the scope
of authority of the delegate. In the event that the Matched
Deposits are increased retroactively for a Plan Year, additional
Matching Contributions shall be allocated to &
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