EXECUTIVE COMPENSATIONDEFERRAL PLAN NO. 2
EX-10.18 3 dex1018.htm DUCOMMUN INCORPORATED EXECUTIVE COMPENSATION DEFERRAL PLAN 2 Ducommun Incorporated Executive Compensation Deferral Plan 2
EXHIBIT 10.18
AMENDMENT NO. 1 TO DUCOMMUN INCORPORATED
EXECUTIVE COMPENSATION DEFERRAL PLAN NO. 2
WHEREAS, Ducommun Incorporated, a Delaware Corporation (the Company) has established the Ducommun Incorporate Executive Compensation Deferral Plan No. 2 (the Plan); and
WHEREAS, this Amendment No. 1 to the Plan shall be effective as of December 31, 2004
NOW, THEREFORE, the Plan is amended by adding a new Section 2.5 as follows:
2.5 | Suspension of Compensation Deferrals. Notwithstanding any other provisions of the Plan, a Participant may not elect to defer any Base Salary, Incentive Compensation or any other compensation earned during any Deferral Period after December 31, 2004. |
IN WITNESS WHEREOF, Ducommun Incorporated has caused this Amendment No. 1 to the Ducommun Incorporated Executive Compensation Deferral Plan No. 2 to be signed by its duly authorized officer this 26th day of October 2007.
DUCOMMUN INCORPORATED | ||
By: | ||
Title: Vice President |