Amendment to Alcoa Deferred Compensation Estate Enhancement Plan Freezing and Termination
This amendment to the Alcoa Deferred Compensation Estate Enhancement Plan states that, as of December 31, 2004, no new participants can join the plan, effectively freezing it. Furthermore, the plan is officially terminated as of December 31, 2008, following the distribution of all underlying assets and policies. The amendment outlines the closure and wind-down of the plan for existing participants.
Exhibit 10(w)(4)
AMENDMENTS TO THE
ALCOA DEFERRED COMPENSATION ESTATE ENHANCEMENT PLAN
1. Effective December 31, 2004, a new second paragraph is added as follows:
Effective as of the close of business on December 31, 2004, this Plan is frozen, and no new Participants will be permitted to participate in this Plan after December 31, 2004. Effective as of December 31, 2008, since all underlying assets and policies in this Plan have been distributed, this Plan is terminated.