50 of the Top 250 law firms use our Products every day
Nicor Inc.
Exhibit 10.02
Form 8-K
NICOR INC.
FIRST AMENDMENT TO
NICOR INC. STOCK DEFERRAL
PLAN
(Governing Post-2004
Benefits)
This Amendment (the “Amendment”) to
the Nicor Inc. Stock Deferral Plan governing post-2004 benefits is
effective as of July 23, 2009. All capitalized terms
used in this Amendment but not defined herein shall have the
meanings assigned to such terms in the Plan (as defined
below).
WHEREAS, Nicor Inc. (the “Company”)
adopted the Nicor Inc. Stock Deferral Plan, as amended and restated
for post-2004 benefits effective January 1, 2008 (the
“Plan”).
WHEREAS, pursuant to Section 6 of the Plan, the
compensation committee (the “Committee”) of the board
of directors of the Company may from time to time amend the
provisions of the Plan;
WHEREAS, the Committee has determined that it is
appropriate to amend the provisions of the Plan as a result of the
application of Section 457A of the Code to amounts deferred under
the Plan by certain Participants;
NOW, THEREFORE, the Plan is hereby amended by
adding a new SECTION 8 entitled “ Code Section 457A
” to read in its entirety as follows:
“8.1
Section 457A Compliance . It is the intent of the
Company that no amounts or awards may be deferred under this Plan
if such amounts or awards are subject to taxation under Section
457A of the Code (“Section 457A”) prior to the taxable
year in which such amounts or awards
|
