2000 Deferred Compensation Plan [Amendment No. 2] - Albertson's Inc.
SECOND AMENDMENT
TO
ALBERTSON'S, INC. 2000 DEFERRED COMPENSATION PLAN
WHEREAS, the Albertson's, Inc. Deferred Compensation Plan (the "Plan") was
established effective January 1, 2000, and has previously been amended;
WHEREAS, Albertson's, Inc. desires to further amend the Plan;
NOW, THEREFORE, Section 6.4(b) of the Plan is amended and restated,
effective July 1, 2001, to read in its entirety as follows:
(b) Except for a Participant who is eligible for and elects to participate
in the Albertson's Voluntary Separation Plan for Officers or the
Albertson's Voluntary Separation Plan for Salaried and Hourly Associates,
if the amounts credited to the Participant's Account become payable
pursuant to Section 6.3 prior to a Change in Control, such amounts shall be
distributed in 60 approximately equal monthly installments without regard
to paragraph (a) of this Section 6.4.
IN WITNESS WHEREOF, the Employer has caused this instrument to be executed
by its officer, duly authorized by its Board of Directors, this 18th day of
July, 2001.
ALBERTSON'S, INC.
By: /s/ Thomas R. Saldin
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Name: Thomas R. Saldin
Its: Executive Vice President and General Counsel
ATTEST:
/s/ Dean J. Snow
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2000defcompamdt 7-2001.doc