Amendment to Section 4.01(a) of the Gehl Savings Plan

Contract Categories: Human Resources › Retirement Agreements
Summary

This amendment updates the Gehl Savings Plan to clarify that each participant can direct how their deposits, rollovers, and company contributions are invested among available funds. If a participant dies, their beneficiary gains the same investment authority. The amendment specifies the process for directing investments as prescribed by the plan administrator.

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EX-10.1 7 pdm323f.txt AMENDMENT TO SAVINGS PLAN Section 4.01(a) of the Gehl Savings Plan is amended to read as follows: Section 4.01. Direction of Investment. (a) Each Participant shall direct, in the manner the Administrator prescribes, the percentage of Deposits, rollovers and allocable share of Company contributions which shall be invested in each fund described in Section 4.03 hereof. In the event of the Participant's death, the Beneficiary shall have the investment authority of a Participant.