Amendments of Sections 2.13 & 4.3 of CB&I Excess Benefits Plan

EX-10.6A 3 h17338exv10w6a.txt AMENDMENTS OF SECTIONS 2.13 & 4.3 OF CB&I EXCESS BENEFITS PLAN EXHIBIT 10.6a AMENDMENT TO CHICAGO BRIDGE & IRON COMPANY EXCESS BENEFIT PLAN Chicago Bridge & Iron Company ("Company"), by a duly authorized officer of the Company and a Managing Director of Chicago Bridge & Iron Company B.V., pursuant to Section 8.7 of the Chicago Bridge & Iron Company Excess Benefit Plan (the "Plan"), hereby amends Sections 2.13 and 4.3 of the Plan to read as follows: 2.13 " Measurement Fund" means a publicly traded or offered mutual fund or funds from the following list of funds managed by T. Rowe Price Associates, Inc., or one of its affiliates, which a Participant may select under Section 4.3 to determine the subsequent imputed interest on his or her deferrals: American Funds Europacific Growth Fund Blue Chip Fund Balanced Fund Equity Income Fund Equity Index Janus Fund New Horizons Fund Small-Cap Value Fund Spectrum Income Fund Spectrum Growth Fund Summit Cash Reserve 4.3 Income (or Loss) on Credits. For purposes of determining income (or loss) on a Participant's Account, the Account shall be deemed invested in such Measurement Funds as the Participant may designate from time to time under procedures established by the Plan Administrator. The designation of Measurement Funds from time to time shall apply to both his or her Matching Contribution Subaccount and Company Contribution Subaccount until changed. Designation of Measurement Funds shall be in whole percentages of the periodic credits to the Participant's Account, or of the balance of his or her Account, which percentages shall add up to 100%. If the Participant does not otherwise designate a Measurement Fund under procedures established by the Plan Administrator, his or her Account shall be deemed invested in the Summit Cash Reserve Fund. As of any Change Date, a Participant may change the designation or allocation of Measurement Funds to determine income (or loss) on future credits to his or her Account, or may change the existing allocation of his or her Account among Measurement Funds, under procedures established by the Plan Administrator to implement such changes. For purposes of determining income (or loss), a Participant's Matching and Company Contribution Credits shall be deemed to have been invested in Measurement Funds as soon as reasonably practicable after the date as of which they are credited under Sections 4.1 or 4.2. For purposes of determining income (or loss), a Participant's Account shall be deemed to have been reinvested in the newly-designated Measurement Funds as soon as reasonably practicable under the procedures established by the Plan Administrator to implement such changes. CHICAGO BRIDGE & IRON COMPANY By: ------------------------------------ Title: Executive Vice President and Chief Financial Officer Date: ----------------------------------