Second Amendment to Company Deferred Stock Compensation Plan for Non-Employee Directors, effective January 1, 2005
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EX-10.67 3 k12582exv10w67.txt SECOND AMENDMENT TO COMPANY DEFERRED STOCK COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS, EFFECTIVE JANUARY 1, 2005 EXHIBIT 10.67 SECOND AMENDMENT TO THE DTE ENERGY COMPANY DEFERRED STOCK COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS RECITALS A. DTE Energy Company (the "Company") adopted the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors (the "Plan") to enable the Company to attract and retain Directors. B. The Company's Board of Directors (the "Board") is authorized to amend the Plan. C. By a resolution properly adopted on January 27, 2005, the Board amended the Plan to increase the number of hypothetical shares of Company stock annually credited to Directors under the Plan. PLAN AMENDMENT Effective January 1, 2005, the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors is amended as follows: Section III is replaced in its entirety with the following: Each Director participating in the Plan who is a Director on the first business day of a calendar year beginning on or after January 1, 2005 shall receive automatically on January 27, 2005 for the 2005 calendar year and as of the first business day of a calendar year beginning after 2005 as a credit to an unfunded deferred stock account established for the Director under Section IV below, 1,250 hypothetical shares of Company Common Stock. CERTIFICATE OF SECRETARY OF DTE ENERGY COMPANY I, Sandra Kay Ennis, certify that I am the Corporate Secretary of DTE Energy Company, a Michigan corporation (the "Company"), and have access to the Company's corporate records and am familiar with the matters contained and certified to in this Certificate. I certify that, at a duly called meeting of the Board of Directors of the Company held on January 27, 2005, the Board of Directors adopted the above amendment. /s/ Sandra Kay Ennis - ----------------------------------------- Sandra Kay Ennis February 19, 2007 - ----------------------------------------- Date Second Amendment to Deferred Stock Compensation Plan- Page 1 of 1
