EXHIBIT 10(h)
ONEIDA LTD.
RESTORATION PLAN
(Effective January 1, 2000)
TABLE OF CONTENTS
Page
1. Purpose 1
2. Definitions and Construction 1
(a) Definitions 1
(b) Construction 7
3. Eligibility 8
(a) Initial Participants 8
(b) Other Participants 8
(c) Reemployment 8
(d) Plan Agreement 8
4. Administration 8
(a) General Authority 8
(b) Plan Administrator 8
(c) Actions; Indemnification 9
5. Vesting of Benefits 9
(a) Vesting 9
(b) Forfeiture 9
(c) Forfeiture upon Certain Other Events 9
(d) Definitions 10
6. Normal Retirement Benefit 11
(a) Eligible Participants 11
(b) Amount of Normal Retirement Benefit 11
(c) Increase of Retirement Income Formula 11
7. Early Retirement Benefit 12
(a) Eligible Participants 12
(b) Amount of Early Retirement Benefit 12
8. Disability Benefit 12
(a) Eligible Participants 12
(b) Amount of Disability Retirement Benefit 12
(c) Vesting Service During Disability 12
(d) Death During Disability 13
(e) Normal Retirement Date. 13
9. Government Restoration Benefit 13
10. Other Retirement Income 13
(a) From Retirement Plan, ESOP, Terminated Pension Plan,
Government Restoration Benefit and Company Long-Term
Disability Plan 13
(b) From Social Security 14
11. Death Benefit to Surviving Beneficiary 15
(a) Eligibility for Benefit 15
(b) Amount of Benefit Where Beneficiary Is a Surviving
Spouse 15
(c) Amount of Benefit Where Beneficiary Is Not a Spouse 16
(d) Duration of Benefit 16
12. Forms of Payment 17
(a) Married Participant 17
(b) Single Participant 17
(c) Election of Alternate Payment Form 17
13. Change of Control 17
(a) Changes to the Vesting Schedule 17
(b) Elimination of Early Retirement Factors 17
(c) Effect on Section 5(c) 17
(d) Single Sum Payment 18
(e) Required Trust Contribution 18
14. Actuarial Equivalent 18
15. Amendment and Termination 18
16. Claims Procedure 18
(a) Initial Claim 18
(b) Appeal to the Compensation Committee 19
(c) Finality 19
17. Miscellaneous 19
(a) No Right to Continued Employment 19
(b) Spendthrift Provision 20
(c) Payment of Expenses 20
(d) Payment of Taxes 20
(e) Unfunded 21
(f) Unsecured Promise to Pay 21
(g) Successors 21
(h) Tax Withholding 21
(i) Headings and Captions 21
(j) Governing Law 21