University of Virginia Library

AMENDMENT TO THE DEFINED CONTRIBUTION RETIREMENT PLAN FOR THE GENERAL FACULTY OF THE UNIVERSITY OF VIRGINIA (the Plan) by the UNIVERSITY OF VIRGINIA (the University).

WITNESSETH:

• WHEREAS, The Plan was restated effective January 1, 1996, and
• WHEREAS, the University desires to amend the Plan to expand the class of employees eligible to participate in the Plan, and
• WHEREAS, section 7.1 of the Plan permits the University to amend the Plan,
• RESOLVED, the Plan is hereby amended as follows:
• Plan section 1.6 is amended to read as follows effective July 1, 1999:
• D. Eligible Employee
• A salaried Employee who is a member of the General Faculty of the University, as that term is described in the Faculty Handbook of the University; is a Senior Scientist or Principal Scientist as determined by the University in its sole and absolute discretion; worked for Agency 209 of the University of Virginia Medical Center and was a Participant in this Plan as of December 31, 1998; or, effective September 1, 1998, is a member of the faculty of the University of Virginia's College at Wise. Notwithstanding the foregoing, an Employee shall not be an Eligible Employee if he or she is one of the following: a visiting faculty member, as that designation is determined by the Employer at the commencement of employment; a faculty member regularly scheduled to work less than 20 hours per week; a faculty member with an appointment of less than six (6) months; or an Employee who participates in the Defined Contribution Retirement Plan for Employees of the University of Virginia Medical Center.