FIRST AMENDMENT TO
THE CENTURYTEL, INC.
SUPPLEMENTAL DOLLAR & SENSE PLAN,
EFFECTIVE JANUARY 1, 2008
WHEREAS, Section 5.03 of this Plan provides that if a Participant has made a deferral election under
Section 5.01 but does not make a new election for the succeeding Plan Year, his elections in effect for the current
Plan Year continue in force and effect as if made for the succeeding Plan Year; and
WHEREAS, the Plan should provide that unless a deferral election is made prior to the first day of each
Plan Year with respect to Excess Salary or on or before June 30 of a calendar year performance period, with
respect to Incentive Compensation, no deferral will be permitted for such Plan Year.
NOW, THEREFORE , the Plan is amended effective January 1, 2008 as follows:
Delete Section 5.03 and insert the following in lieu thereof:
5.03 . If a Participant does not make new elections for a succeeding Plan Year under Section 5.01, he
will not be able to defer any Excess Salary or Incentive Compensation for such succeeding Plan Year.
IN WITNESS WHEREOF , CenturyTel, Inc. has executed this Amendment on the 20
By: /s/ R. Stewart Ewing, Jr.
R. Stewart Ewing, Jr.
Executive Vice President and
Chief Financial Officer