Fourth Amendment to H.B. Fuller Company Defined Contribution Restoration Plan
H.B. Fuller Company, through its Compensation Committee, has amended its Defined Contribution Restoration Plan, effective December 1, 2020. The amendment removes Section 7.4.2 of the Plan in response to changes in tax law under the Tax Cuts and Jobs Act of 2017. All other provisions of the Plan remain unchanged. This amendment was executed by the Vice President of Human Resources on behalf of the company.
Exhibit 10.43
FOURTH AMENDMENT
OF THE
H.B. FULLER COMPANY
DEFINED CONTRIBUTION RESTORATION PLAN
(As Amended and Restated Effective January 1, 2008)
H.B. Fuller Company (the “Company”) has adopted the H.B. Fuller Company Defined Contribution Restoration Plan (the “Plan”) and maintains the Plan, as amended and restated. The Company, acting through the Compensation Committee of the Board of Directors, pursuant to Sections 9.1 and 11.1.3 of the Plan, has approved and adopted the following Plan amendment, and has directed the Vice President of Human Resources to execute such amendment. In response to changes made to section 162(m) of the Code by the Tax Cuts and Jobs Act of 2017, the Plan is hereby amended as follows:
1. Code §162 Delay. Effective December 1, 2020, Section 7.4.2 of the Plan is deleted in its entirety.
2. Savings Clause. Save and except as hereinabove expressly amended, the Plan statement shall continue in full force and effect.
| Dated: December 2, 2020 | H.B. Fuller Company |
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| By: | /s/ Nathan Weaver |
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| Its: | Vice President, Human Resources |
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