AMENDMENT TO RICHARDSON ELECTRONICS, LTD. EMPLOYEES PROFIT SHARING PLAN AND TRUST AGREEMENT
AMENDMENT TO XXXXXXXXXX ELECTRONICS, LTD.
EMPLOYEES PROFIT SHARING PLAN AND TRUST AGREEMENT
XXXXXXXXXX ELECTRONICS, LTD., a Delaware corporation, hereby further amends the Adoption Agreement for the Xxxxxxxxxx Electronics, Ltd. Employees Profit-Sharing Plan and Trust Agreement dated March 8, 1996, as thereafter amended, by amending Section 1.06(b) of said agreement effective April 1, 2003, as follows, to-wit:
The Early Retirement Age 55 shall not apply as to that portion of the Accounts of a Participant which are attributable to Matching Contributions described in Section 4.03 of the Plan, and to Discretionary Contributions described in Section 4.06 of the Plan, for Plan Years beginning after May 31, 2002 if such Participant (i) has not completed at least 3 Years of Service for Vesting as of April 1, 2003 and (ii) has not attained age 55 as of April 1, 2003.
IN WITNESS WHEREOF, the undersigned has caused this amendment to be executed as of this ____ day of ______________, 2003.
XXXXXXXXXX ELECTRONICS, LTD.
By _/s/ Xxxxxxx X. Seils_________
Xxxxxxx X. Xxxxx
Senior Vice President,
Secretary and General Counsel
XXXXXXXXXX ELECTRONICS, LTD.
By__/s/ Xxxxx X. Doherty_______
Xxxxx X. Xxxxxxx
Corporate Benefits Manager,
Human Resources
Amendment to profit sharing plan re early retirement (CH360575).DOC
