Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - WALT DISNEY CO/Financial_Report.xls
EX-12.1 - RATIO OF EARNINGS TO FIXED CHARGES - WALT DISNEY CO/fy2015_q2x10qxex121.htm
EX-10.3 - AMENDED AND RESTATED KEY EMPLOYEES DEFERRED COMPENSATION - WALT DISNEY CO/fy2015_q2x10qxex103.htm
EX-32.A - SECTION 906 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - WALT DISNEY CO/fy2015_q2x10qxex32a.htm
EX-31.A - SECTION 302 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - WALT DISNEY CO/fy2015_q2x10qxex31a.htm
EX-10.4 - THIRD AMENDMENT TO THE DISNEY SAVINGS AND INVESTMENT PLAN - WALT DISNEY CO/fy2015_q2x10qxex104.htm
EX-31.B - SECTION 302 CERTIFICATION OF CHIEF FINANCIAL OFFICER - WALT DISNEY CO/fy2015_q2x10qxex31b.htm
10-Q - FORM 10-Q - WALT DISNEY CO/fy2015_q2x10qxdoc.htm
EX-32.B - SECTION 906 CERTIFICATION OF CHIEF FINANCIAL OFFICER - WALT DISNEY CO/fy2015_q2x10qxex32b.htm


Exhibit 10.5
FOURTH AMENDMENT TO THE
DISNEY SAVINGS AND INVESTMENT PLAN
AS AMENDED AND RESTATED EFFECTIVE JANUARY 1, 2010
    
WHEREAS, The Walt Disney Company (the “Company”) maintains the Disney Savings and Investment Plan, as amended and restated effective January 1, 2010 (the “Plan”); and

WHEREAS, Article 12 of the Plan authorizes the Committee under the Plan to make certain Plan amendments; and

WHEREAS, the Committee desires to amend the Plan to change the compensation limit for matching contributions;

NOW, THEREFORE, this Fourth Amendment to the Plan is hereby adopted, effective January 1, 2015:

1.
Section 3.02(a) (“Matching Contributions”) of the Plan, shall be amended in its entirety to read:

(a) Each Employer will contribute, with respect to Participants (other than ESPN Regular Remote Employees) employed by it who have met the eligibility requirements set forth in Section 3.02(b), a Matching Contribution equal to 50% of so much of the aggregate Tax-Deferred Contributions and Roth Contributions made on behalf of the Participant for the Plan Year as do not exceed 4% (6% to the extent the Participant is a Covered Employee described in Section 1.19(a)(ii) or (iii)) of the Participant’s Compensation for the Plan Year, determined without regard to the Maximum Compensation Limitation, disregarding, for the Plan Year in which the Participant first satisfies the eligibility requirements, contributions made and Compensation earned before the Participant satisfies the eligibility requirements or enrolls in the Plan, if later; provided, however, that Matching Contributions made on behalf of a Participant for any Plan Year shall not exceed 2% (3% to the extent the Participant is a Covered Employee described in Section 1.19(a)(ii) or (iii)) of the Participant’s Compensation Maximum Compensation Limitation for the Plan Year, limited by the Maximum Compensation Limitation.
    
IN WITNESS WHEREOF, the undersigned has caused this Fourth Amendment to be executed this 30th day of April, 2015.


By:
 
/s/ JEFFERY E. SHAPIRO
 
 
Jeffrey E. Shapiro
Vice President, Enterprise Benefits
Authorized Representative and Committee Member