EX-10.46
FEDEX CORP
FIRST AMENDMENT TO
THE FEDEX CORPORATION RETIREMENT PARITY PENSION PLAN
As Amended and Restated Effective June 1, 2024
THIS AMENDMENT to the FedEx Corporation Retirement Parity Pension Plan (the “Plan”) is made by the Participating Employers pursuant to their authority to amend the Plan as provided in Section 16 thereof.
WHEREAS, in connection with the distribution by FedEx Corporation to its shareholders of its interest in FedEx Freight Holding Company, Inc. and its subsidiaries on June 1, 2026 (the “Distribution Date”), the Sponsoring Employer desires to amend the Plan to reflect the following changes, in accordance with the terms of the Employee Matters Agreement between FedEx Corporation and FedEx Freight Holding Company, Inc. (the “EMA”): (i) all SpinCo Employees (as defined in the EMA) will cease to participate in the Plan as of the Distribution Date; (ii) FedEx Freight, Inc. and FedEx Custom Critical, Inc., subsidiaries of FedEx Freight Holding Company, Inc. will cease to be participating employers in the Plan as of the Distribution Date; and (iii) the liabilities attr
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