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EXHIBIT 10.2
FOURTH AMENDMENT TO THE
GENTIVA HEALTH SERVICES, INC.
2005 NONQUALIFIED RETIREMENT PLAN
WHEREAS, Gentiva Health Services, Inc. (the Company) maintains the Gentiva Health Services, Inc. 2005 Nonqualified Retirement Plan (the Plan); and
WHEREAS, Section 10.3 provides that the Benefits Committee may amend the Plan from time to time, to the extent that the amendment does not result in increased costs to the Company; and
WHEREAS, the Benefits Committee wishes to amend the Plan (i) to eliminate the provision that credits each employee with forty-five (45) hours of service for each week the employee would be credited with at least one (1) hour of service under the Department of Labor regulations, and (ii) to provide that, if an individual becomes an employee due to the acquisition by the Company or an affiliated company of substantially all of the assets or stock of such persons previous employer, the individuals service with the previous employer will be treated as service with the Company for purposes of determining the individuals hours of service under the Plan (see the First amendment below);
NOW THEREFORE, the Plan is amended as follows:
FIRST
Section 2.20(c) is hereby amended in its entirety to read as follows:
(c) If a person becomes an Employee due to the acquisition by the Company or an Affiliate of substantially all of the assets or stock of such persons previous employer, or because a substantial group of employees of another employer has become Employees, then such persons service with such previous employer shall be treated as if it were service with the Company in determining such persons Hours of Service.
SECOND
The effective date of this Fourth Amendment shall be January 1, 2010.
IN WITNESS WHEREOF, the Benefits Committee hereby adopts this Fourth Amendment to the Gentiva Health Services, Inc. 2005 Nonqualified Retirement Plan.
BENEFITS COMMITTEE |
/s/ Eugenia Spencer |
Eugenia Spencer |
/s/ Douglas Dahlgard |
Doug Dahlgard |
/s/ John Karr |
John Karr |
/s/ Kevin Marrazzo |
Kevin Marrazzo |
/s/ John R. Potapchuk |
John R. Potapchuk |
Dated: As of March 31, 2010
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