Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - Alexander & Baldwin, Inc.Financial_Report.xls
EX-32 - EXHIBIT 32 - Alexander & Baldwin, Inc.exh32.htm
EX-31.1 - EXHIBIT 31.1 - Alexander & Baldwin, Inc.exh31_1.htm
EX-31.2 - EXHIBIT 31.2 - Alexander & Baldwin, Inc.exh31_2.htm
EX-10.B.1(XXIII) - EXHIBIT 10.B.1(XXIII) - Alexander & Baldwin, Inc.exh10b1_xxiii.htm
10-Q - ALEX Q1 FORM 10-Q - Alexander & Baldwin, Inc.form10q.htm


ALEXANDER & BALDWIN, INC. RETIREMENT PLAN FOR
OUTSIDE DIRECTORS

AMENDMENT NO. 1



The Alexander & Baldwin, Inc. Retirement Plan for Outside Directors, effective June 29, 2012, hereinafter referred to as the “Plan”, is hereby amended effective March 1, 2013, as follows:

1.           The last sentence in Appendix A, item #2, shall be deleted and replaced with the following:

“The after-tax equivalent rate shall be determined by multiplying the discount rate in use by the A&B Retirement Plan for Salaried Employees of A&B, LLC by the excess of 100% over the effective marginal tax rate declared by the Administrative Committee.”

2.           Item #3 in Appendix A shall be deleted in its entirety and replaced with the following:

“The Administrative Committee shall declare the effective marginal tax rate at the beginning of each year.”


IN WITNESS WHEREOF, Alexander & Baldwin, Inc. has caused this Amendment to be executed on its behalf by its duly authorized officers on this 26th day of February, 2013.

ALEXANDER & BALDWIN, INC.



By: /s/ Son-Jai Paik______________
       Its Vice President


By: /s/ Alyson Nakamura__________
                                                                                                                       Its Secretary