POTASH CORP OF SASKATCHEWAN INC 10-K 2011
Documents found in this filing:
POTASH CORPORATION OF SASKATCHEWAN INC.
AMENDMENT TO THE AGREEMENT
WHEREAS, the Potash Corporation of Saskatchewan Inc., a corporation organized under the laws of Canada (the Corporation), entered into an agreement (the Agreement) that was most recently amended and restated as of August 2, 1996 and subsequently amended on May 17, 2000, November 5, 2002 and February 23, 2009, with Garth W. Moore of the City of Saskatoon, in the province of Saskatchewan, an executive of the Corporation (the Executive), for the provision by the Corporation to the Executive of a supplemental retirement benefit;
WHEREAS, the Corporation and the Executive now desire to amend the Agreement to incorporate a new formula for computing the Executives benefit under the Agreement with respect to services performed on and after January 1, 2011;
NOW, THEREFORE, the Agreement is hereby amended, effective as of January 1, 2011, as follows (the Amendment):
1. The second sentence of paragraph 1 of the Agreement (the definition of Earnings) is hereby amended (taking into account the provisions of this Amendment set forth below) by substituting the phrase for purposes of sections (b)(ii) and (b)(iii) of paragraph 4 of this Agreement therein for the phrase for purposes of section (b)(ii) of paragraph 4 of this Agreement.
2. Paragraph 4 of the Agreement is hereby amended in its entirety to read as follows:
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3. In all other respects the Agreement remains unchanged.
IN WITNESS WHEREOF the Corporation has executed this Amendment by its duly authorized officers on its behalf and the Executive has executed this Amendment 29th day of December, 2010.
SIGNED SEALED AND DELIVERED in the presence of:
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