University of Virginia Library

APPENDIX A

FIRST AMENDMENT TO THE COMMONWEALTH OF VIRGINIA MATCHING CONTRIBUTION RETIREMENT PLAN FOR SALARIED EMPLOYEES OF THE UNIVERSITY OF VIRGINIA AND THE UNIVERSITY OF VIRGINIA MEDICAL CENTER

FIRST AMENDMENT TO THE COMMONWEALTH OF VIRGINIA MATCHING CONTRIBUTION RETIREMENT PLAN FOR SALARIED EMPLOYEES OF THE UNIVERSITY OF VIRGINIA AND THE UNIVERSITY OF VIRGINIA MEDICAL CENTER (the "Plan") BY THE UNIVERSITY OF VIRGINIA ("University").

WITNESSETH:

WHEREAS, the Plan was established effective April 1, 2000; and

WHEREAS, Section 2.1 of the Plan currently requires 12 consecutive months of service at the University or the University of Virginia Medical Center prior to participation in the Plan; and

WHEREAS, other Commonwealth institutions of higher education require only 12 months of service at any Commonwealth agency prior to participation in their cash match plans; and

WHEREAS, the University desires to amend the plan to allow participants to count a month of service performed at any Commonwealth agency toward the 12-month waiting period in order to remain competitive in the employment market; and

WHEREAS, Section 7.1 permits the University to amend the Plan;

NOW, THEREFORE, the Plan is amended to read as follows effective upon execution of this First Amendment:

1. Section 1.16 of the Plan shall be amended to read as follows:

1.16  Month of Service

Each month for which an Eligible Employee is entitled to an employer contribution to a Commonwealth- or

Commonwealth agency-sponsored retirement plan, including but not limited to the VRS, the Defined Contribution Retirement Plan for the General Faculty of the University of Virginia, or the Defined Contribution Retirement Plan for Employees of the University of Virginia Medical Center.

2. Section 2.1 of the Plan shall be amended to read as follows:

2.1  Participants

Any Eligible Employee who completed at least twelve (12) consecutive Months of Service.

IN WITNESS WHEREOF, the University has caused this FIRST AMENDMENT TO THE COMMONWEALTH OF VIRGINIA MATCHING CONTRIBUTION RETIREMENT PLAN FOR SALARIED EMPLOYEES OF THE UNIVERSITY OF VIRGINIA AND THE UNIVERSITY OF VIRGINIA MEDICAL CENTER to be executed by its duly authorized officer, this 19th day January, 2001.

THE UNIVERSITY OF VIRGINIA