QWEST COMMUNICATIONS INTERNATIONAL INC. DEFERRED COMPENSATION PLANEmployee Benefits Plan Agreement |
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Amendment
2008-1 QWEST
COMMUNICATIONS INTERNATIONAL INC. WHEREAS , Qwest Communications International Inc. (the "Company") established the Qwest Communications International Inc. Deferred Compensation Plan effective as of January 1, 1999, as amended and restated effective January 1, 2005 (the "Plan"); and WHEREAS , Section 409A of the Internal Revenue Code of 1986, as amended (the "Code"), applies to the Part A of the Plan; and WHEREAS , the Company wishes to amend Part A of the Plan in order to comply with final regulations issued under Code Section 409A; and WHEREAS , Section 11.1 of the Plan permits the Company to amend the Plan provided that no such amendment shall decrease or restrict the value of a participant's account balance in existence at the time the amendment is made. NOW THEREFORE, Part A of the Plan is hereby amended as set forth below effective as of January 1, 2009: 1. Part A, Section 4.4, Coordination With Withdrawal Election Rules in Effect for Pre-2005 Deferrals, is hereby amended by replacing the first sentence of Part A, Section 4.4 as follows: 4.4 Coordination With Withdrawal Election Rules in Effect for Pre-2005 Deferrals. If th |
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