EXHIBIT 10.11F
FIFTH AMENDMENT
TO THE
RECOTON CORPORATION CODE SECTION 401(k)
PROFIT SHARING PLAN AND TRUST AGREEMENT
WHEREAS, the Recoton Corporation Code section 401(k) Profit Sharing
Plan and Trust Agreement (the "Plan") was adopted by Recoton Corporation (the
"Company"); and
WHEREAS, Section 13.02 of the Plan permits the Company to amend the
Plan; and
WHEREAS, the Company now desires to amend the Plan;
NOW, THEREFORE, the Plan is hereby amended as follows:
FIRST: Subparagraph A(2) of Section 5.03 is hereby amended to read in
its entirety as follows:
"(2) MATCHING CONTRIBUTIONS ACCOUNT AND EMPLOYER
CONTRIBUTIONS ACCOUNT. Except as provided in Sections 5.01 and 5.02,
for each Year of Service, a Participant's Nonforfeitable percentage of
his Matching Contributions Account and Employer Contributions Account
equals the percentage in the following vesting schedule:
PERCENT OF
YEARS OF SERVICE NONFORFEITABLE
WITH THE EMPLOYER ACCRUED BENEFIT
----------------- ----------------
Less than 2 None
2 20%
3 40%
4 60%
5 80%
6 or more 100%"
SECOND: The provisions of this Amendment shall be effective as of
January 1, 1997.
THIRD: Except to the extent hereinabove set forth, the Plan shall
remain in full force and effect, without change or modification.
IN WITNESS WHEREOF, the Company has caused these presents to be
executed by a duly authorized officer as of January 1, 1997.
RECOTON CORPORATION
By: /s/ XXXXXX X. XXXXXX
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