Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - GREENBRIER COMPANIES INC | v59597e10vq.htm |
| EX-31.2 - EX-31.2 - GREENBRIER COMPANIES INC | v59597exv31w2.htm |
| EX-31.1 - EX-31.1 - GREENBRIER COMPANIES INC | v59597exv31w1.htm |
| EX-10.2 - EX-10.2 - GREENBRIER COMPANIES INC | v59597exv10w2.htm |
| EX-32.2 - EX-32.2 - GREENBRIER COMPANIES INC | v59597exv32w2.htm |
| EX-32.1 - EX-32.1 - GREENBRIER COMPANIES INC | v59597exv32w1.htm |
Exhibit 10.1
THE GREENBRIER COMPANIES
NONQUALIFIED DEFERRED COMPENSATION PLAN
Amendment No. 1
The Greenbrier Companies, Inc. (the “Company”) hereby adopts this Amendment No. 1 to The
Greenbrier Companies Nonqualified Deferred Compensation Plan (the “Plan”) in order to permit
participants in the Plan to defer receipt of shares of restricted stock issuable pursuant to awards
made under the Company’s 2010 Stock Incentive Plan, or a successor stock-based incentive plan (the
“Stock Incentive Plan”). This Amendment No. 1 amends the terms of the Adoption Agreement for the
Plan executed on December 29, 2009.
1. Definition of “Compensation”. Section 1.15(e) of the Adoption Agreement is
amended by deleting the exclusion of Restricted Stock from the definition of Compensation eligible
to be deferred under the Plan. Participants shall be permitted to elect to defer receipt of shares
of restricted stock awarded under the Stock Incentive Plan, and shares of restricted stock issuable
pursuant to awards of restricted stock units made under the Stock Incentive Plan. Stock dividends
payable on shares of Restricted Stock deferred under the Plan shall be payable to the Trustee under
the Plan and credited to Participants’ accounts under the Plan. Cash dividends payable on shares
of Restricted Stock deferred under the Plan shall be paid directly to the Participant when declared
and paid to shareholders, and shall not be deferred under the Plan or credited to Participants’
accounts under the Plan.
2. Maximum Elective Deferral Amount. Section 2.02(A)(b) of the Adoption Agreement is
amended to read as follows:
“(b) Maximum Elective Deferral amount: 50% of Base Salary, bonus and other cash
Compensation. 100% of stock-based Compensation, including all stock-based awards
made pursuant to the Company’s Stock Incentive Plan, whether paid in cash or Shares
of Company stock .”
3. Effective Date. This Amendment No. 1 shall be effective as of May 25, 2011.
Except as hereby amended, the Plan shall remain in full force and effect.
|
THE GREENBRIER COMPANIES, INC. |
||||
| By: | /s/ William A. Furman | |||
| Title: President and Chief Executive Officer | ||||
This Amendment No. 1 to The Greenbrier Companies Nonqualified Deferred Compensation Plan was
adopted and approved by the Compensation Committee of the Board of Directors on May 25, 2011.