50 of the Top 250 law firms use our Products every day
EXHIBIT 10.18
SECOND AMENDMENT
TO
ALLERGAN, INC.
SAVINGS AND INVESTMENT
PLAN
(RESTATED 2008)
The ALLERGAN, INC. SAVINGS AND
INVESTMENT PLAN (the “Plan”) is hereby amended
January 1, 2009 as follows:
|
1.
|
Section 4.1(a) of the Plan is hereby
amended as follows:
|
(a) Each
Eligible Employee may elect to defer the receipt of a portion of
his or her Compensation and to have the deferred amount contributed
directly by the Company to the Plan as Before Tax Deposits. Before
Tax Deposits may be made only by means of a payroll deduction.
Additionally, unless otherwise restricted by law and pursuant to
procedures and restrictions established by the Company, a former
Eligible Employee may defer the receipt of a portion of his or her
Compensation in accordance with an applicable election made while
an Eligible Employee, provided that such Compensation is paid
within two and a half months after his or her Severance
Date.
|
2.
|
Section 4.6(b) of the Plan is hereby
amended as follows:
|
(b) The
right of a Participant to make Before Tax Deposits or After Tax
Deposits shall cease during any period of Severance, except as
provided under Section 4.1(a).
|
3.
|
Section 5.6(e) of the Plan is
here
|
|
