Sixth Amendment to Kewaunee Scientific Corporation 401+ Executive Deferred Compensation Plan
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Summary
This amendment updates the Kewaunee Scientific Corporation 401+ Executive Deferred Compensation Plan by changing the maximum amount of compensation that participants can defer. Starting January 1, 2003, the deferral limit is set at the excess of sixty percent of a participant's compensation combined with the maximum deferral allowed under the Incentive Savings Plan. All other terms of the plan remain unchanged. The amendment is executed by the company's Vice President of Human Resources.
EX-10.21.E 6 dex1021e.txt SIXTH AMENDMENT TO THE DEFERRED COMPENSATION PLAN Exhibit 10.21E SIXTH AMENDMENT TO THE KEWAUNEE SCIENTIFIC CORPORATION 401+ EXECUTIVE DEFERRED COMPENSATION PLAN 1. The third sentence of Section 3.1 is amended to read as follows: "Such amount or rate of compensation deferred shall not exceed the excess of (i) sixty percent of the Participant's compensation on a combined basis with (ii) the maximum amount of Deferral Contributions that the Participant is authorized to elect for the Plan Year under the Incentive Savings Plan." 2. The amendment made herein shall take effect on January 1, 2003. 3. In all other respects, the Plan shall remain in full force and effect. IN WITNESS WHEREOF, the Company has caused this Amendment to be executed this 29/th/ day of December, 2002. KEWAUNEE SCIENTIFIC CORPORATION By: /s/ James J. Rossi ---------------------------------- Vice President, Human Resources