Amendment to Alcoa Deferred Compensation Plan Effective November 1, 2007
This amendment to the Alcoa Deferred Compensation Plan allows employees participating in the Howmet Deferred Compensation Plan to transfer their account balances to the Alcoa plan if they elect to do so before December 1, 2007. All other terms of the original plan remain unchanged and are reaffirmed.
Exhibit 10(p)(7)
Alcoa Deferred Compensation Plan
Amendment effective November 1, 2007
1. The first sentence of the definition of “Eligible Employee” in Section 1.1 is amended by adding the following new subsection (d):
or (d) who is a participant in the Howmet Deferred Compensation Plan, and has elected to transfer their account balance in that plan to this Plan prior to December 1, 2007.
2. In all other respects the Plan is hereby ratified and confirmed.
