NEW YORK TIMES CO - FORM 10-Q - EX-10.2 - AMENDMENT NO. 2 TO THE NEW YORK TIMES COMPANY SUPPLEMENTAL EXECUTIVE SAVINGS PLAN - May 5, 2011

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EX-10.1 - AMENDMENT NO. 1 TO THE NEW YORK TIMES COMPANY SAVINGS RESTORATION PLAN - NEW YORK TIMES COnytex101.htm
EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATION - NEW YORK TIMES COnytex312.htm
EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION - NEW YORK TIMES COnytex311.htm
EX-32.2 - CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - NEW YORK TIMES COnytex322.htm
EXCEL - IDEA: XBRL DOCUMENT - NEW YORK TIMES COFinancial_Report.xls
10-Q - FORM 10-Q - NEW YORK TIMES COnyt10-q3272011.htm
EX-12 - RATIO OF EARNINGS TO FIXED CHARGES - NEW YORK TIMES COnytex12.htm
EX-32.1 - CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - NEW YORK TIMES COnytex321.htm
 

EXHIBIT 10.2
THE NEW YORK TIMES COMPANY
SUPPLEMENTAL EXECUTIVE SAVINGS PLAN
AMENDMENT No. 2
THIS INSTRUMENT made as of the 28th day of March, 2011, by the ERISA Management Committee (the “Committee”) of The New York Times Company (the “Company”).
W I T N E S S E T H
WHEREAS, the Company maintains The New York Times Company Supplemental Executive Savings Plan, as amended from time to time (the “Plan”), for the benefit of its eligible employees; and
 
WHEREAS, pursuant to Section 7.2 of the Plan, the Committee is authorized to adopt administrative amendments that do not result in a change of benefits; and
 
WHEREAS, the Committee desires to amend the Plan, effective January 1, 2011, to change the frequency with which interest is credited to Participants' Accounts;
NOW, THEREFORE, the Plan is hereby amended, effective January 1, 2011, as follows:
1.
Section 3.3,
“Interest,” is hereby deleted in its entirety and the following substituted in its place:
 
 
 
 
“            3.3   
Interest. A Participant's Account shall be credited with interest daily based on the
 
yield of the Barclays Capital Long Credit index as of the last business day in October of the preceding
 
Plan Year or based on such successor index as may be selected by the EMC.”
 
 
 
2.
Section 4.3 is hereby amended by adding the following sentence to the end of the second paragraph:
 
 
 
 
“In the event payment of the Participant's benefit is delayed, the Participant's Account shall continue
 
 to be credited with interest in accordance with Section 3.3 until the date of distribution.”
        
IN WITNESS WHEREOF, the Committee has caused this amendment to be executed by a duly authorized member as of the date first set forth above.
 
                
ERISA MANAGEMENT COMMITTEE
By:
/s/ R. Anthony Benten
 
 
R. Anthony Benten
 
 
Chairman
 
 
                        
 

 

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