Document:

Amendment No. 14 to the UPS Qualified Stock Ownership Plan and Trust Agreement

 Exhibit 10.9(14) 
 Execution Copy 
 AMENDMENT NO. 14 
 TO THE 
 UPS QUALIFIED STOCK OWNERSHIP PLAN 
 AND TRUST AGREEMENT 
 WHEREAS, United Parcel
Service of America, Inc. and certain of its affiliated companies established the UPS Qualified Stock Ownership Plan and Trust (“Plan”) effective as of January 1, 1998 to provide their eligible employees with a matching contribution
invested in shares of UPS class A common stock (“UPS Stock”) and to permit eligible employees to transfer amounts from the UPS Savings Plan to the Plan for the purpose of investing in UPS Stock; 
 WHEREAS, the Board of Directors and/or the Executive Committee of United Parcel Service of America, Inc. (“the Board”) reserved the right in
Section 12.1 of the Plan to amend the Plan from time to time; 
 WHEREAS, this amendment to the Plan is adopted to provide non-spousal
beneficiaries with a rollover option. 
 NOW THEREFORE, pursuant to the authority vested in the Board of Directors and/or the Executive
Committee of United Parcel Service of America, Inc. by Section 12.1 of the UPS Qualified Stock Ownership Plan and Trust (“Plan”), the Plan is hereby amended, effective January 1, 2007, by amending Section 8.13(b),
Definitions, to insert the following new Section 8.13(b)(6): 
 (6) Nonspouse Beneficiary Direct Rollover. Effective
January 1, 2007, a Beneficiary who is not (i) the employee’s or former employee’s surviving spouse or (ii) the employee’s or former employee’s spouse or former spouse designated as an alternate payee under a
qualified domestic relations order, as defined in Code § 414(p), may elect, at the time and in the manner prescribed by the Committee to have any portion of his or her distribution from the Plan paid in a direct trustee-to-trustee transfer to
an individual retirement account described in Code § 408(a) or an individual retirement annuity described in Code § 408(b), each of which is established for the purpose of receiving such distribution on behalf of such Beneficiary and is
treated as an inherited individual retirement account or individual retirement annuity (within the meaning of Code § 408(d)(3)(C)) for purposes of Code § 402(c)(11) (each, an “Inherited IRA”). The minimum distribution rules of
Code § 401(a)(9) as described in Section 8.4 shall apply for purposes of determining the amount of the distribution that may be transferred to the Inherited IRA. 

 IN WITNESS WHEREOF, the undersigned certify that United Parcel Service of America, Inc., based upon prior
action by its Board of Directors and/or the Executive Committee has caused this Amendment No. 14 to be adopted. 
  

					
	ATTEST:	 		 	 UNITED PARCEL SERVICE
 OF AMERICA,
INC.

			
	/S/    TERI P. MCCLURE	 		 	/S/    MICHAEL L. ESKEW
	Teri P. McClure	 		 	Michael L. Eskew
	Secretary	 		 	Chairman
			
	April 16, 2007	 		 	April 16, 2007Amendment No. 15 to the UPS Qualified Stock Ownership Plan and Trust Agreement

 Exhibit 10.9(15) 
 Execution Copy 
 AMENDMENT NO. 15 
 TO THE 
 UPS QUALIFIED STOCK OWNERSHIP PLAN 
 AND TRUST AGREEMENT 
 WHEREAS, United Parcel
Service of America, Inc. and certain of its affiliated companies established the UPS Qualified Stock Ownership Plan and Trust (“Plan”) effective as of January 1, 1998 to provide their eligible employees with a matching contribution
invested in shares of UPS class A common stock (“UPS Stock”) and to permit eligible employees to transfer amounts from the UPS Savings Plan to the Plan for the purpose of investing in UPS Stock; 
 WHEREAS, the Board of Directors and/or the Executive Committee of United Parcel Service of America, Inc. (“the Board”) reserved the right in
Section 12.1 of the Plan to amend the Plan from time to time; 
 WHEREAS, this amendment to the Plan is adopted to provide matching
contributions on Roth contributions to the UPS Savings Plan as if they were pre-tax contributions. 
 NOW THEREFORE, pursuant to the
authority vested in the Board of Directors and/or the Executive Committee of United Parcel Service of America, Inc. by Section 12.1 of the UPS Qualified Stock Ownership Plan and Trust (“Plan”), the Plan is hereby amended, effective
July 30, 2007, by amending the following sections: 
 1. Section 1.51, Savings Plan Account, is hereby amended to insert the phrase
“and effective July 30, 2007, Savings Plan Roth Contributions Account” immediately prior to the “.” at the end of such Section. 
 2. A new Section 1.67 is hereby added to read as follows: 
 “1.67 Savings Plan Roth Contributions Account –
means the subaccount maintained as part of a person’s Account to show his or her interest attributable to transfers from a Roth contribution account under the Savings Plan.” 
 3. Section 1.48, Pre-Tax Contributions, is hereby amended in its entirety to read as follows: 
 Section 1.48 Pre-Tax Contributions “Pre-Tax Contributions” means the sum of (1) elective deferrals (within the meaning of Code Section 402(g)) made under the Savings Plan, (2) with respect to an
individual who becomes eligible to make 

 
elective deferrals under the Savings Plan during any Plan Year as a result of losing coverage under a collective bargaining agreement, his or her elective
deferrals (within the meaning of Code Section 402(g)) made under a Collectively Bargained Plan prior to the last date in such Plan Year on which he or she became eligible to make elective deferrals under the Savings Plan other than elective
deferrals with respect to which a matching contribution (within the meaning of Code Section 401(m)) of any amount made under the Collective Bargaining Plan, (3) with respect to an individual who was a participant in a Merged Plan who
becomes eligible to make elective deferrals under the Savings Plan as a result of a merger of that plan into the Savings Plan, his or her elective deferrals (within the meaning of Code Section 402(g) made under such Merged Plan in the Plan Year
in which he or she first became eligible to make elective deferrals under the Savings Plan, and (4) effective July 30, 2007, Roth contributions (within the meaning of Code Section 402A) made under the Savings Plan.” 

4. Section 5.1(c), Corrections in this Plan, is hereby amended by adding a new subsection (6) to read as follows: 
 “(6) Effective July 30, 2007, in the event that the Pre-Tax Contributions described in subsection (2) and (3) above consist of any
Roth contributions made under the Savings Plan, such Roth contributions shall be distributed prior to any Pre-Tax Contributions that are not Roth contributions.” 
 IN WITNESS WHEREOF, the undersigned certify that United Parcel Service of America, Inc., based upon prior action by its Board of Directors and/or the Executive Committee has caused this Amendment No. 15 to be
adopted. 
  

					
	ATTEST:	 		 	 UNITED PARCEL SERVICE
 OF AMERICA,
INC.

			
	/s/    TERI P. MCCLURE	 		 	/s/    MICHAEL L. ESKEW
	Teri P. McClure	 		 	Michael L. Eskew
	Secretary	 		 	Chairman
			
	July 28, 2007	 		 	July 27, 2007Amendment No. 16 to the UPS Qualified Stock Ownership Plan and Trust Agreement

 Exhibit 10.9(16) 
 Execution Copy 
 AMENDMENT NO. 16 
 TO THE 
 UPS QUALIFIED STOCK OWNERSHIP PLAN 
 AND TRUST AGREEMENT 
 WHEREAS, United Parcel
Service of America, Inc. and certain of its affiliated companies established the UPS Qualified Stock Ownership Plan and Trust (“Plan”) effective as of January 1, 1998 to provide their eligible employees with a matching contribution
invested in shares of UPS class A common stock (“UPS Stock”) and to permit eligible employees to transfer amounts from the UPS Savings Plan to the Plan for the purpose of investing in UPS Stock; 
 WHEREAS, the Board of Directors and/or the Executive Committee of United Parcel Service of America, Inc. (“the Board”) reserved the right in
Section 12.1 of the Plan to amend the Plan from time to time; 
 WHEREAS, this amendment to the Plan is adopted to provide for an
increased matching contribution for employees hired on or after January 1, 2008. 
 NOW THEREFORE, pursuant to the authority vested in
the Board of Directors and/or the Executive Committee of United Parcel Service of America, Inc. by Section 12.1 of the UPS Qualified Stock Ownership Plan and Trust (“Plan”), the Plan is hereby amended, effective January 1, 2008,
as follow: 
 1. Section 4.1(a)(1)(iii) is hereby amended to read as follows: 
 (iii) For each Employer Company listed in Appendix 4.1(a)(1)(C), 
 (A) For each Participant with an Employment Commencement Date prior to January 1, 2008, 100% of his or her Pre-Tax Contributions that do not exceed 3% of his or her Eligible Compensation for such Plan Year, and

 (B) For each Participant with an Employment Commencement Date, Reemployment
Commencement Date or is transferred from ineligible to Eligible Employee status on or after January 1, 2008, 100% of his or her Pre-Tax Contributions that do not exceed 3  1/2% of his or her Eligible Compensation for such Plan Year; 

 1. Section 4.1(a)(1)(v) is hereby amended to read as follows: 
 (iii) For each Employer Company listed in Appendix 4.1(a)(1)(E), 
 (A) For each Participant with an Employment Commencement Date prior to January 1, 2008, 50% of his or her Pre-Tax Contributions that do not exceed 7% of his or her Eligible Compensation for such Plan Year, and

 (B) For each Participant with an Employment Commencement Date, Reemployment
Commencement Date or is transferred from ineligible to Eligible Employee status on or after January 1, 2008, 100% of his or her Pre-Tax Contributions that do not exceed 3 1/2% of his or her Eligible Compensation for such Plan Year; 
 2. Appendix 1.24,
4.1(a)(1)(C) and 4.1(a)(1)(E) are hereby amended to read as attached. 
 IN WITNESS WHEREOF, the undersigned certify that United Parcel Service of America,
Inc., based upon prior action by its Board of Directors and/or the Executive Committee has caused this Amendment No. 16 to be adopted. 
  

					
	ATTEST:	 		 	 UNITED PARCEL SERVICE
 OF AMERICA,
INC.

			
	/s/    TERI P. MCCLURE	 		 	/s/    MICHAEL L. ESKEW
	Teri P. McClure	 		 	Michael L. Eskew
	Secretary	 		 	Chairman
			
	December 17, 2007	 		 	December 17, 2007

 UPS QUALIFIED STOCK OWNERSHIP PLAN 
 Appendix 1.24 
 Employer Companies 
  

			
	 Business Unit/Group
	  	 QSOP Adoption Date

	 UPS
	  	
	 United Parcel Service of America, Inc.
	  	January 1, 1998
	 United Parcel Service Co.
	  	January 1, 1998
	 UPS General Services Co.
	  	January 1, 1998
	 UPS Aviation Services, Inc.
	  	January 1, 1998
	 UPS International General Services Co.
	  	January 1, 1998
	 UPS Procurement Services Corporation
	  	January 1, 1998
	 UPS Worldwide Forwarding, Inc.
	  	January 1, 1998
	 United Parcel Service, Inc. (New York)
	  	January 1, 1998
	 United Parcel Service, Inc. (Ohio)
	  	January 1, 1998
	 Trailer Conditioners, Inc.
	  	January 1, 1998
	 UPS Latin America, Inc.
	  	January 1, 1998
	 BT Realty Holdings, Inc.
	  	May 18, 1999
	 BT Realty Holdings II, Inc.
	  	May 18, 1999
		
	 UPS Capital Corporation
	  	
	 UPS Capital Corporation, Inc.
	  	May 28, 1998
	 UPS Capital Insurance Agency, Inc. (Formerly Glenlake Insurance Agency, Inc.)
	  	July 29, 1998
	 UPS Capital Insurance Agency, Inc. of California (Formerly Glenlake Insurance Agency, Inc. of California)
	  	August 10, 1999
	 UPS Capital Business Credit (Formerly First International Bank)
	  	September 1, 2001
	 UPS Capital Business Credit of New Jersey, Inc. (Formerly First International Capital Corporation of New Jersey)
	  	September 1, 2001
		
	 UPS Logistics Group
	  	
	 UPS Logistics Group, Inc.
	  	January 1, 1998
	UPS Supply Chain Solutions, Inc. (includes Diversified Trimodal, Inc. d/b/a Martrac, UPS Supply Chain Management Nevada, Inc., UPS Supply Chain Management Tristate, Inc., UPS Supply Chain
Solutions, Inc. UPS Logistics Group Americas, Inc. which were all merged through a series of mergers 12/31/02)	  	January 1, 1998 (July 1, 2001 for UPS Supply Chain Management Tristate, Inc. , UPS Logistics Group Americas, Inc. and UPS Supply Chain Management Nevada, Inc.)
	 UPS Logistics Technologies, Inc.
	  	January 1, 1998
	 Worldwide Dedicated Services, Inc.
	  	January 1, 1998
	UPS Global Forwarding Services, Inc. (including Livingston Healthcare Services, Inc. merged 12/31/01)	  	July 1, 2001
	 UPS Service Parts Logistics, Inc. (Dissolved 12/31/04)
	  	July 1, 2001
	 UPSLG Puerto Rico, Inc. (Dissolved 12/31/04)
	  	July 1, 2001
		
	 UPS Aviation Technologies, Inc.
	  	January 1, 1998
	 UPS Customhouse Brokerage, Inc.
	  	January 1, 1998
	 UPS Full Service Brokerage, Inc.
	  	June 6, 2000
	 UPS Telecommunications, Inc. (UPS Teleservices)
	  	July 1, 2001
	 UPS Mail Innovations, Inc. (Formerly UPS Messaging Inc.)
 UPS Mail Technologies, Inc. (Mail2000, Inc. Sold to DST Output of California, Inc. 5/29/03)
	  	February 1, 2001
	 UPS Mail Boxes Etc., Inc.
	  	April 30, 2001

			
	UPS Consulting, Inc. (Dissolved 8/20/07)	  	February 8, 2001
	Fritz Companies	  	
	Fritz Companies, Inc. (including UPS Full Service Brokerage, Inc. merged 7/1/02)	  	July 1, 2001
	New Neon Company, Inc.	  	November 1, 2001
	iShip, Inc.	  	December 1, 2001
	UPS Supply Chain Solutions, Inc.	  	January 1, 2002
	Overnite Corporation	  	January 1, 2006
	UPS Ground Freight d/b/a UPS Freight (Formerly Overnite Transportation Company)	  	January 1, 2006
	Motor Cargo Industries, Inc. (includes Motor Cargo which was merged 5/1/06)	  	January 1, 2006
	Overnite Transportation Company (includes Motor Cargo Distribution Services, Inc. which was merged 5/1/06)	  	January 1, 2006

 UPS QUALIFIED STOCK OWNERSHIP PLAN 
 APPENDIX 4.1(a)(1)(C) 
 (Effective July 1, 2001 and revised January 1, 2008)

 Eligible Employees with an Employment Commencement Date or Reemployment Commencement Date prior to January 1, 2008 will have a SavingsPLUS
Contribution Level equal to 100% of Pre-Tax Contributions that do not exceed 3% of Eligible Compensation 
 Eligible Employees with an Employment Commencement Date, Reemployment Commencement Date or who are transferred from ineligible to Eligible Employee status on or after January 1, 2008 will have a SavingsPLUS Contribution Level
equal to 100% of Pre-Tax Contributions that do not exceed 3 1/2 % of Eligible Compensation 
 UPS 
 United Parcel Service of America, Inc. 
 United Parcel Service Co. 
 UPS General Services Co. 
 UPS Aviation Services, Inc. 
 UPS International General Services Co. 
 UPS Procurement Services Corporation 
 UPS Worldwide Forwarding, Inc. 
 United Parcel Service, Inc. (New York) 
 United Parcel Service, Inc. (Ohio) 
 Trailer Conditioners, Inc. 
 UPS Latin America, Inc. 
 BT Realty Holdings, Inc. 
 BT Realty Holdings II, Inc. 
 UPS Capital Corporation 
 UPS Capital Corporation, Inc. 
 UPS Capital Insurance Agency, Inc. (Formerly Glenlake Insurance Agency, Inc.) 
 UPS Capital
Insurance Agency, Inc. of California (Formerly Glenlake Insurance Agency, Inc. of California) 
 [Effective
September 1, 2001] 
 UPS Capital Business Credit (Formerly First International Bank) 
 [Effective September 1, 2001] 
 UPS Capital Business Credit of New Jersey, Inc. (Formerly First International Capital Corporation of New Jersey) 
 UPS Logistics Group 
 UPS Logistics Group, Inc. 
 UPS Supply Chain Solutions, Inc. (includes Diversified Trimodal, Inc. d/b/a 

 
Martrac, UPS Supply Chain Management Nevada, Inc., UPS Supply Chain Management Tristate, Inc., UPS Supply Chain Management, Inc. UPS Logistics Group
Americas, Inc. which were all merged through a series of mergers 12/31/02) 
 UPS Logistics Technologies, Inc. 
 Worldwide Dedicated Services, Inc. 
 UPS Global Forwarding Services, Inc. (including Livingston Healthcare Services, Inc. merged 12/31/01) 
 UPS Service Parts Logistics, Inc. 
 UPSLG Puerto Rico, Inc. 
 UPS Aviation Technologies, Inc. 
 UPS Customhouse Brokerage, Inc. 
 UPS Full Service Brokerage, Inc. 

UPS Telecommunications, Inc. 
 (UPS Teleservices) 
 UPS Mail Innovations, Inc. (Formerly UPS Messaging Inc.) 

 UPS Mail Technologies, Inc. (Formerly Mail2000, Inc., Sold to DST Output of California, Inc. 5/29/03) 
 UPS Mail Boxes Etc., Inc. 
 UPS Consulting, Inc. (Dissolved 8/20/07) 
 [Effective December 1, 2001] 

 iShip, Inc. 
 [Effective January 1, 2004] 
 ConnectShip, Inc. 

 UPS QUALIFIED STOCK OWNERSHIP PLAN 
 APPENDIX 4.1(a)(1)(E) 
 (Effective January 1, 2006 and revised January 1, 2008)

 Eligible Employees with an Employment Commencement Date or Reemployment Commencement Date prior to January 1, 2008 will have a SavingsPLUS
Contribution Level equal to 50% of Pre-Tax Contributions that do not exceed 7% of Eligible Compensation 
 Eligible Employees with an Employment Commencement Date, Reemployment Commencement Date or who are transferred from ineligible to Eligible Employee status on or after January 1, 2008 will have a SavingsPLUS Contribution Level
equal to 100% of Pre-Tax Contributions that do not exceed 3 1/2 % of Eligible Compensation 
 Overnite Corporation 
 UPS Ground Freight, Inc. (including Overnite
Transportation Company and Motor Cargo Distribution Services, Inc. which were merged 5/1/06) 
 Motor Cargo Industries, Inc. (including Motor Cargo which was
merged 5/1/06)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}]]