Amendment No. 1 to Corning Incorporated Supplemental Pension Plan
This amendment, effective January 1, 2008, modifies the Corning Incorporated Supplemental Pension 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 authority from the Compensation Committee of Corning's Board of Directors.
EXHIBIT 10.46
CORNING INCORPORATED
SUPPLEMENTAL PENSION PLAN
AMENDMENT NO. 1
Pursuant to Section 6.1 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 Pension 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 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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