Second Amendment to the NiSource Corporate Incentive Plan (Effective January 1, 2004)

Summary

This amendment, executed by NiSource Inc., modifies the company's Corporate Incentive Plan. Effective January 1, 2005, it changes the criteria for employees to be classified as 'Limited Participants.' Now, any employee who receives a suspension without pay of five or more consecutive days during the plan year will be considered a Limited Participant. The amendment is signed by an authorized officer of NiSource Inc.

EX-10.5 3 c94895exv10w5.htm SECOND AMENDMENT TO CORPORATE INCENTIVE PLAN exv10w5

Exhibit 10.5

SECOND AMENDMENT TO THE
NISOURCE CORPORATE INCENTIVE PLAN

(EFFECTIVE JANUARY 1, 2004)

WHEREAS, NiSource Inc. (the “Company”) maintains the NiSource Corporate Incentive Plan, effective January 1, 2004 and as further amended (the “Plan”); and

WHEREAS, the Company desires to amend the Plan to increase the period of suspension that causes an employee to be a “Limited Participant” as defined in the Plan.

NOW, THEREFORE, The first sentence of the second paragraph of Paragraph 3 is amended, effective January 1, 2005, to read as follows:

“Notwithstanding the previous paragraph, an employee described above shall be a “Limited Participant” if he or she has received a suspension without pay of five or more consecutive days during the Plan year.”

IN WITNESS WHEREOF, the Company has caused this Second Amendment to be executed on its behalf, by its officer duly authorized, this 2nd day of May, 2005.


	NISOURCE INC.
	By:	/s/ S. LaNette Zimmerman