Amendment to A.M. Castle & Co. Supplemental 401(k) Savings and Retirement Plan (2015)

Contract Categories: Human Resources › Retirement Agreements
Summary

A.M. Castle & Co. has amended its Supplemental 401(k) Savings and Retirement Plan, effective January 1, 2015. The amendment specifically changes Section 3.2(a) by removing the phrase “immediately preceding the Plan Year.” This change was made under the authority reserved in the Plan and was executed by the company's Administration Committee on October 8, 2015. The amendment clarifies plan language but does not otherwise alter participant benefits or eligibility.

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EX-10.45 3 cas-ex1045supplemental401k.htm EXHIBIT 10.45 Exhibit
EXHIBIT 10.45

AMENDMENT TO THE A.M. CASTLE & CO.
SUPPLEMENTAL 401(k) SAVINGS AND RETIREMENT PLAN
AS AMENDED AND RESTATED EFFECTIVE AS OF JANUARY 1, 2009


Pursuant to rights reserved under Section 5.1 of the A.M. Castle & Co. Supplemental 401(k) Savings And Retirement Plan, as amended and restated effective as of January 1, 2009 (the “Plan”), A.M. Castle & Co. amends the Plan as follows:

Section 3.2(a) of the Plan is amended by deleting the phrase “immediately preceding the Plan Year”, effective January 1, 2015.

This Amendment has been executed this 8th day of October, 2015.


 
 
A.M. CASTLE & CO.
 
 
ADMINISTRATION COMMITTEE
 
 
 
 
 
 
 
 
 
 
 
 
/s/ Jeffrey S. Torf
 
 
By:
Jeffrey S. Torf
 
 
Title:
Administration Committee Chairman
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




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