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SECOND AMENDMENT
TO THE
BELO SAVINGS PLAN
(As Amended and Restated Effective January 1,
2008)
Belo Corp., a
Delaware corporation, pursuant to authorization by the Compensation
Committee of the Board of Directors, adopts the following
amendments to the Belo Savings Plan (the
“Plan”).
1. Section 3.5
of the Plan is amended in its entirety to read as
follows:
3.5 Profit
Sharing Contributions . The Participating Employers may make a
discretionary profit sharing contribution to the Plan for a Plan
Year in such amount as is determined by the Compensation Committee
of the Board of Directors of the Company. Each Participating
Employer may, in the discretion of its board of directors, elect to
make an additional discretionary profit sharing contribution to the
Plan for a Plan Year in such amount as is determined by the
Participating Employer and is approved by the Compensation
Committee of the Board of Directors of the Company.
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