EXHIBIT 3.123
FIRST AMENDMENT TO
CONNECTICUT NATURAL GAS CORPORATION
EMPLOYEE SAVINGS PLAN TRUST AGREEMENT
This Amendment is made this _____ day of _____________, 1997 by and
between Connecticut Natural Gas Corporation, a corporation organized under
the laws of the State of Connecticut, having its principal office in
Hartford, Connecticut (the "Company") and Putnam Fiduciary Trust Company, a
Massachusetts trust company, having its principal office in Boston,
Massachusetts (the "Trustee");
W I T N E S S E T H :
WHEREAS, by Trust Agreement made as of January 1, 1993, the Company and
the Trustee adopted the Connecticut Natural Gas Corporation Employee Savings
Plan Trust Agreement (the "Trust Agreement"); and
WHEREAS, the parties wish to amend the Trust Agreement in the
particulars set forth below; and
WHEREAS, the Company reserved the right to amend the Trust Agreement in
Section 18 thereof;
NOW, THEREFORE, the Company and the Trustee hereby agree as follows:
1. In accordance with a certain Agreement and Plan of Exchange, the
outstanding shares of Company stock will be exchanged for shares of the
common stock of CTG Resources, Inc. As of the effective date of such
Agreement and Plan of Exchange, each share of Company stock will be
exchanged for one share of common stock of CTG Resources, Inc. Effective as
of said date, any reference to "Company stock" in the Trust Agreement shall
be deemed to refer to stock of CTG Resources, Inc.
2. Except as hereinabove modified and amended, the Trust Agreement
shall remain in full force and effect.
IN WITNESS WHEREOF, the Company and Trustee hereby execute this
Amendment as of the day and year first above written.
WITNESS: CONNECTICUT NATURAL GAS CORPORATION
__________________________ By_________________________________
Its
WITNESS: PUTNAM FIDUCIARY TRUST COMPANY
___________________________ By________________________________
Its
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