Amendment to CH Energy Group, Inc. Supplementary Executive Retirement Plan

Summary

CH Energy Group, Inc. is amending its Supplementary Executive Retirement Plan to freeze participation and limit future benefit accruals. After December 31, 2005, only current vested participants will continue to accrue benefits, and no new employees or previously ineligible employees may join or rejoin the plan. Those not vested as of that date will not receive benefits under the plan. This amendment is effective as of December 31, 2005.

EX-10.(III)(41) 3 d67652_ex10iii-41.txt SUPPLEMENTARY RETIREMENT PLAN Exhibit 10(iii)(41) AMENDMENT TO CH ENERGY GROUP, INC. SUPPLEMENTARY RETIREMENT PLAN WHEREAS, CH Energy Group, Inc. ("Energy Group") maintains the Supplementary Executive Retirement Plan (the "Plan"); and WHEREAS, Energy Group desires to amend the Plan to freeze participation of the Plan and to limit further accruals under the Plan to only the current vested participants of the Plan. NOW, THEREFORE, Energy Group hereby amends the Plan by adding a new Section 3.13 to the end thereof as set forth below. "3.13 Accrual of Benefits and Participation after December 31, 2005. Effective for periods after December 31, 2005, the Plan is terminated with no benefit payable with respect to any Participant who, as of December 31, 2005, would not be vested or entitled to benefits thereunder if they separated from service or terminated from employment from either of Energy Group or Central Hudson on December 31, 2005 and no employee of Energy Group or Central Hudson may commence or recommence participation in the Plan after December 31, 2005." IN WITNESS WHEREOF, this Amendment has been executed as of this ___ day of December, 2005. CH ENERGY GROUP, INC. By ______________________________________