Exhibit 10.4
FOURTH AMENDMENT TO THE
AARON’S, INC. EMPLOYEES RETIREMENT PLAN
THIS AMENDMENT to the Aaron’s, Inc. Employees Retirement Plan (the “Plan”) is made effective October 16, 2020.
W I T N E S S E T H :
WHEREAS, Aaron’s, Inc. previously established and has maintained the Plan for the benefit of eligible employees; and
WHEREAS, sponsorship of the Plan is being transferred from Aaron’s, Inc. to Aaron’s Holdings Company, Inc.; and
WHEREAS, the company wishes to amend the Plan to reflect the change in the plan sponsor;
NOW, THEREFORE, the Plan is hereby amended as follows:
| 1. | Section 1.17 is amended to read as follows: |
1.17 Company Stock means the common stock of the Controlling Company.
| 2. | The sponsor will change from Aaron’s, Inc. to Aaron’s Holdings Company, Inc., and Section 1.21 is amended to read as follows: |
1.21 Controlling Company means Aaron’s Holdings Company, Inc., and its successors that adopt the Plan.
| 3. | Schedule A is amended to read as follows: |
SCHEDULE A
PARTICIPATING COMPANIES
[see Plan Sections 1.30, 1.57 and 13.3]
Progressive Finance Holdings, LLC
Dent-A-Med, Inc.
Woodhaven Furniture Industries, LLC
Aaron’s, Inc.
| 4. | Except as provided herein, the Plan will remain in full force and effect. |
(signature on the following page)
IN WITNESS WHEREOF, this Administrative Committee has caused its duly authorized member to execute this Amendment on the date written below.
| AARON’S HOLDINGS COMPANY, INC. | ||
| By: | /s/ Robert W. Kamerschen | |
| Name: Robert W. Kamerschen | ||
| Title: Secretary | ||
| Date: October 16, 2020 | ||
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