Attached files
Exhibit 10.7
AMENDMENT NO. 1
TO THE
FOREST CITY ENTERPRISES, INC.
2005 DEFERRED COMPENSATION PLAN
FOR EXECUTIVES
(As Amended And Restated Effective January 1, 2008)
TO THE
FOREST CITY ENTERPRISES, INC.
2005 DEFERRED COMPENSATION PLAN
FOR EXECUTIVES
(As Amended And Restated Effective January 1, 2008)
Forest City Enterprises, Inc. hereby adopts this Amendment No. 1 to the Forest City
Enterprises, Inc. 2005 Deferred Compensation Plan for Executives (As Amended and Restated Effective
January 1, 2008) (the “Plan”). Words and phrases used herein with initial capital letters that are
defined in the Plan are used herein as so defined.
Effective for any Specified Year Payment Election made after the date of adoption of this
Amendment No. 1 to the Plan, the phrase “two years” in Section 5(i)(a)(2)(I) of the Plan is hereby
amended to read “five years.”
EXECUTED at Cleveland, Ohio, this 17th day of December, 2009.
| FOREST CITY ENTERPRISES, INC. |
||||
| By: | /s/ Andrew J. Passen | |||
| Title: | Executive Vice President of Human Resources | |||