Amendment No. 1 to the Barnes Group Inc. Retirement Benefit Equalization Plan(RBEP) Amendment No. 1
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EX-10.3 4 dex103.htm AMENDMENT NO. 1 TO THE BARNES GROUP INC. RETIREMENT BENEFIT EQUALIZATION PLAN Amendment No. 1 to the Barnes Group Inc. Retirement Benefit Equalization Plan
Exhibit 10.3
Amendment No. 1 to the Barnes Group Inc.
Retirement Benefit Equalization Plan (RBEP)
Amendment No. 1
Section 3.1 of the RBEP is amended effective January 1, 2009, by adding the following sentence at the end thereof:
An employee who satisfies the minimum criteria set forth in Section 3.2 shall be deemed to have been designated by the Committee as a Participant, unless the Committee takes action before the end of the period in which such minimum criteria are satisfied to exclude such employee from participation in this Plan.
Amended: 7/22/09