Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(e) Effective May 7, 2009, following approval by the shareowners at the 2009 Annual Meeting of Shareowners of United Parcel Service, Inc. (the "Company"), the Company adopted the United Parcel Service, Inc. 2009 Omnibus Incentive Compensation Plan. A description of the material terms of the plan is set forth in Proposal 3, under the heading "Approval of the United Parcel Service, Inc. 2009 Omnibus Incentive Compensation Plan" in the Company's proxy statement filed with the Securities and Exchange Commission on March 13, 2009, which description is hereby incorporated into this Item 5.02(e) by reference. The plan also is incorporated by reference in Exhibit 10.1 to this Current Report on Form 8-K. Item 9.01 Financial Statements and Exhibits
(c) Exhibits

10.1 United Parcel Service, Inc. 2009 Omnibus Incentive Compensation Plan, filed as Appendix II to the Company's proxy statement dated March 13, 2009, and incorporated herein by reference

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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

UNITED PARCEL SERVICE, INC.

Date: May 8, 2009 By: /s/ Kurt P. Kuehn Kurt P. Kuehn Senior Vice President, Chief Financial Officer and Treasurer