Addendum to Retirement Benefits Agreement between Fidencio M. Mares and Beckman Coulter, Inc.
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Summary
This addendum is an agreement between Fidencio M. Mares and Beckman Coulter, Inc. to modify the way certain retirement benefits are provided. Instead of receiving all benefits under the Supplemental Pension Plan, some benefits will now be provided through the company's main Pension Plan. The change is formalized by this addendum and related plan amendments, but does not reduce the total benefits owed to Mr. Mares. The agreement was signed on August 10, 2001.
EX-10.5 8 a76921ex10-5.txt EX-10.5 EXHIBIT 10.5 ADDENDUM TO THE AGREEMENT REGARDING RETIREMENT BENEFITS OF FIDENCIO M. MARES WHEREAS, Fidencio M. Mares ("Executive") and Beckman Coulter, Inc. ("Company") entered into an agreement ("Agreement") on April 30, 1996 regarding additional retirement benefits for the Executive from the Beckman Coulter, Inc. Supplemental Pension Plan ("Supplemental Plan"). WHEREAS, the Company now wishes to amend the Supplemental Plan, under Amendment 2001-1 thereto, and its Beckman Coulter, Inc. Pension Plan ("Pension Plan"), under Amendment 2001-1 thereto, (collectively, "Amendments") to provide that certain benefits that would have been provided to Executive under the Supplemental Plan (as modified by the Agreement) shall instead be provided under the Pension Plan; NOW, THEREFORE, the Company and the Executive acknowledge and agree that the effect of the Company and the Executive executing this Addendum and the Company's adoption of the Amendments is merely that a portion of the benefits that would otherwise have been provided under the Supplemental Plan and the Agreement shall instead be provided under the Pension Plan. This Addendum is entered into this 10th day of August, 2001. EXECUTIVE By /s/ Fidencio M. Mares ----------------------------- Fidencio M. Mares COMPANY BECKMAN COULTER, INC. By /s/ William H. May ------------------------------ Its Vice President, General ----------------------------- Counsel and Secretary