Eighth Amendment to the ICF Kaiser International, Inc. Retirement Plan

Summary

This amendment, effective June 1, 2000, updates the ICF Kaiser International, Inc. Retirement Plan, now managed by Kaiser Group International, Inc. The key change is that all participants in the plan will be fully vested in their accounts as of the effective date. This means participants have full ownership of their retirement benefits, regardless of previous vesting schedules. The amendment was executed by the company's Chief Executive Officer.

EX-10.D.8 2 0002.txt EXHIBIT 10(D)(8) Exhibit 10(d)(8) EIGHTH AMENDMENT TO THE ICF KAISER INTERNATIONAL, INC. RETIREMENT PLAN WHEREAS, the ICF Kaiser International, Inc. Retirement Plan (hereinafter referred to as the "Plan") was established effective August 1, 1971; and WHEREAS, the Plan was most recently restated effective January 1, 1996, by ICF Kaiser International, Inc. (currently known as Kaiser Group International, Inc. and hereinafter referred to as the "Company"); and WHEREAS, the restated Plan was amended subsequently on seven occasions; and WHEREAS, the Company desires to amend the Plan to provide for full vesting; NOW, THEREFORE, effective as of June 1, 2000, Article III of the Plan is hereby amended by the addition of Section 3.8 at the end thereof to provide as follows: 3.8 Full Vesting. Notwithstanding any other provision of the Plan to ------------ the contrary, effective as of June 1, 2000, each Participant shall be fully vested in his Account. Executed this 8th day of June, 2000. ---- KAISER GROUP INTERNATIONAL, INC. (formerly known as ICF Kaiser International, Inc.) By: /s/ James J. Maiwurm -------------------------------- Title: Chief Executive Officer