Corning Incorporated Supplemental Investment Plan Amendment No. 1

Contract Categories: Human Resources › Retirement Agreements
Summary

This amendment, effective January 1, 2008, modifies the Corning Incorporated Supplemental Investment Plan. It clarifies that the restated plan terms apply only to eligible employees with benefits earned or vested on or after January 1, 2005, as defined by Section 409A. The amendment was authorized by the Supplemental Pension Committee under the authority of the Compensation Committee of Corning's Board of Directors.

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EX-10.45 13 dex1045.htm CORNING INCORPORATED SUPPLEMENT INVESTMENT PLAN AMENDMENT NO. 1 Corning Incorporated Supplement Investment Plan Amendment No. 1

EXHIBIT 10.45

CORNING INCORPORATED

SUPPLEMENTAL INVESTMENT PLAN

AMENDMENT NO. 1

Pursuant to Section 8.1 of the Plan, the Supplemental Pension Committee acting upon delegation of authority from the Compensation Committee of the Board of Directors given February 7, 2007 hereby amends the Corning Incorporated Supplemental Investment Plan as follows:

Effective January 1, 2008, the following new sentence shall be added at the end of the preamble: “The terms of this restated Plan shall only apply to eligible Employees who have an a Plan benefit that is earned or vested, within the meaning of Section 409A, on or after January 1, 2005.”

 

CORNING INCORPORATED
By:  

/s/ John P. MacMahon

Name:   John P. MacMahon
Title:  

Senior Vice President – Global Compensation and Benefits

Date:   12/17/07

 

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