Amendment No. 2 to Harman International Industries, Inc. Deferred Compensation Plan
This amendment updates the Harman International Industries, Inc. Deferred Compensation Plan, effective December 16, 2003. It revises the definition of "Change in Control" to clarify references to the Securities Exchange Act of 1934, expands the definition of "Trust" to include successor trustees and trusts, and deletes a specific section of the plan. The amendment was approved by the company's Board of Directors and signed by an executive officer.
EXHIBIT 10.1
Amendment No. 2 to the
Harman International Industries, Inc.
Deferred Compensation Plan
Pursuant to action by the Board of Directors, the Harman International Industries, Inc. Deferred Compensation Plan, as amended and restated effective June 1, 1997, as amended October 1, 1999 (the “Plan”), is hereby amended in the following respects, effective December 16, 2003.
1. Section 1.9 of the Plan, which defines “Change in Control,” shall be amended so that in the first parenthetical phrase in Section 1.9(i), the term “Exchange Act” is replaced by “Securities Exchange Act of 1934 (“Exchange Act”)”.
2. Section 1.38 of the Plan, which defines “Trust,” shall be amended to include the following clause immediately before the end of the section: “, including any successor trustee and any successor trust”.
3. Section 16.16(b) of the Plan is deleted.
Executed this 6th day of January, 2004, but effective as provided above.
HARMAN INTERNATIONAL INDUSTRIES, INC.
By: /s/ Frank Meredith
Title: Executive Vice President
