Amendment No. 1 to the Barnes Group Inc. Retirement Benefit Equalization Plan(RBEP) Amendment No. 1

Contract Categories: Human Resources - Retirement Agreements
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