SAFEWAY INC. AGREEMENT WITH STEVEN A. BURD FOR SUPPLEMENTAL RETIREMENT BENEFIT PreambleSupplemental Retirement Benefit Agreement • March 15th, 2005 • Safeway Inc • Retail-grocery stores • California
This Agreement for a supplemental retirement benefit (the “Agreement”), effective as of March 10, 2005, is entered into by and between Safeway Inc., a Delaware corporation (the “Company”) and Steven A. Burd (the “Executive”). This Agreement is intended to be an unfunded deferred compensation arrangement for a select group of management or highly compensated employees within the meaning of Sections 201(2), 301(a)(3) and 401(a)(1) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).
