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HBI » Topics » Adoption of Plan by Controlled Group Members

This excerpt taken from the HBI 8-K filed Sep 5, 2006.

Adoption of Plan by Controlled Group Members

With the consent of the Company, any Controlled Group Member of the Company may adopt the Plan and become an Employer hereunder. The adoption of the Plan by any such Controlled Group Member shall be effected by resolution of its Board of Directors, and the Company’s consent thereto shall be effected by resolution of the Committee.

 

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