First Amendment to Intermec, Inc. Restoration Plan (As Amended and Restated as of January 1, 2008)
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Summary
This amendment to the Intermec, Inc. Restoration Plan, effective December 31, 2009, states that employees covered under the 'Rule of 70' will no longer be eligible for benefits under the plan, and no further benefits will accrue for them after January 1, 2010. All other terms of the plan remain unchanged. The amendment is executed by authorized representatives of Intermec, Inc.
EX-10.22 5 exhibit1022.htm RESTORATION PLAN AMENDMENT exhibit1022.htm
FIRST AMENDMENT
TO
INTERMEC, INC. RESTORATION PLAN
The Intermec, Inc. Restoration Plan, As Amended and Restated as of January 1, 2008 (“Plan”), is hereby amended in the following manner, effective as of December 31, 2009:
1. | Rule of 70 Employees shall cease to be covered under the Plan, with no further benefits accruing on or after January 1, 2010. |
In all other respects, the terms of the Plan shall remain in full force and effect.
Intermec, Inc. has caused this Amendment to be executed by its authorized representatives on this 18th day of December, 2009.
Intermec, Inc.
By /s/ Jeanne Lyon
Jeanne Lyon
Vice President, Human Resources
By /s/ Frank McCallick
Frank McCallick
Vice President, Tax