Thirteenth Amendment to Kaiser Group International, Inc. Section 401(k) Plan

Summary

Kaiser Group International, Inc. has amended its Section 401(k) Plan, effective January 1, 2006. The amendment removes Kaiser Analytical Management Services, Inc. from the list of excluded entities in Exhibit A of the Plan. This change was authorized by the company's Board and executed by the Chief Executive Officer on December 30, 2005.

EX-10.32 3 a06-2156_1ex10d32.htm MATERIAL CONTRACTS

Exhibit 10.32

THIRTEENTH AMENDMENT TO

KAISER GROUP INTERNATIONAL, INC.

SECTION 401(k) PLAN

WHEREAS, Kaiser Group International, Inc. (the “Company”), maintains the Kaiser Group International, Inc. Section 401(k) Plan (the “Plan”); and

WHEREAS, Section 10.2 authorizes the Board to amend the Plan;

NOW, THEREFORE, effective January 1, 2006, the Plan is amended as follows:

Exhibit A is amended to delete the reference to Kaiser Analytical Management Services, Inc. as an Excluded Entity.

Executed this 30^th day of December, 2005.

KAISER GROUP INTERNATIONAL, INC.


	By:	/s/ Douglas W. McMinn
		Title: Chief Executive Officer