Second Amendment to Ampac Fine Chemicals LLC Pension Plan for Bargaining Unit Employees
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Summary
This amendment updates the pension plan for bargaining unit employees of Ampac Fine Chemicals LLC in Sacramento, California, represented by the International Association of Machinists & Aerospace Workers, Local #946. It changes the benefit factors based on the employee's last date of employment, increasing the benefit amounts for employees retiring after certain dates. The amendment is effective as of June 15, 2010, and was executed by American Pacific Corporation.
EX-10.4 5 p18019exv10w4.htm EX-10.4 exv10w4
EXHIBIT 10.4
SECOND AMENDMENT TO
AMPAC FINE CHEMICALS LLC PENSION PLAN
FOR BARGAINING UNIT EMPLOYEES
AMPAC FINE CHEMICALS LLC PENSION PLAN
FOR BARGAINING UNIT EMPLOYEES
The Ampac Fine Chemicals LLC Pension Plan for Bargaining Unit Employees is hereby amended as follows:
Appendix A is amended to add the following language to the end thereof effective June 15, 2010:
| EMPLOYEE UNIT: | Ampac Fine Chemicals LLC Sacramento, California International Association of Machinists & Aerospace Workers, Local #946 |
BENEFIT FACTOR:
| Date of Last Employment | ||||
| in Employee Unit | Benefit Factor | |||
On or after December 1, 2005 | $ | 53.00 | ||
And before June 15, 2007 | ||||
On or after June 15, 2007 | $ | 58.00 | ||
And before June 15, 2011 | ||||
On or after June 15, 2011 | $ | 61.00 | ||
And before June 15, 2012 | ||||
On or after June 15, 2012 | $ | 63.00 | ||
IN WITNESS WHEREOF, American Pacific Corporation has caused this instrument to be executed this 15th day of July, 2010.
| American Pacific Corporation | ||||||
ATTEST: (SEAL) | By: | /s/ JOSEPH CARLEONE | ||||
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