Third Amendment to Tyco International (US) Inc. Supplemental Executive Retirement Plan
This amendment updates the Tyco International (US) Inc. Supplemental Executive Retirement Plan by adding a new provision that grants specific retirement credits to certain participants listed in a new Appendix B. For example, Dennis Crowley is credited with $35,017.52 as of July 1, 2002. The amendment is effective May 1, 2002, and all other terms of the plan remain unchanged. The amendment is executed by the company's Retirement Committee.
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Exhibit 10.5
THIRD AMENDMENT
TO
TYCO INTERNATIONAL (US) INC.
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
- A.
- The Tyco International (US) Inc. Supplemental Executive Retirement Plan, as amended and restated as of April 1, 1999, and as amended by the First and Second Amendments thereto, is hereby further amended as follows:
1. Section 3 is amended by the addition of the following new Section 3(i).
"(i) With respect to each Participant who is listed on Appendix B to the Plan, the Company shall credit the amount set forth next to such Participant's name on the effective date indicated on said Appendix B."
2. A new Appendix B as set forth in the attachment to this Third Amendment, is hereby added to and made a part of the Plan.
- B.
- The effective date of this amendment is May 1 2002.
- C.
- Except as amended herein, the Plan is hereby confirmed in all other respects.
IN WITNESS THEREFORE, this document has been signed on behalf of the Retirement Committee by its duly authorized representative this 30th day of July, 2002.
| TYCO INTERNATIONAL (US) INC. RETIREMENT COMMITTEE | ||||
By: | /s/ ROBERT A. BENT | |||
Robert A. Bent Clerk, Retirement Committee | ||||
APPENDIX B
Special Credits under Section 3(i)
| Participant | Amount | Date of Credit | ||
|---|---|---|---|---|
| Dennis Crowley | $35,017.52 (US dollars) | July 1, 2002 |
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APPENDIX B
Special Credits under Section 3(i)
