Second Amendment to Nordson Corporation Excess Defined Benefit Retirement Plan
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Summary
This amendment to the Nordson Corporation Excess Defined Benefit Retirement Plan ensures that, as of December 31, 1993, the excess pension benefits for eligible salaried employees are fully vested and cannot be forfeited, regardless of other plan provisions (except Section 6.6). The amendment is effective upon execution and applies to employees as if they terminated employment on that date. The agreement is executed by Nordson Corporation in Westlake, Ohio.
EX-10.E.1 5 l22480aexv10wew1.htm EX-10(E)(1) EX-10(E)(1)
Exhibit 10-e-1
SECOND AMENDMENT
TO
NORDSON CORPORATION
EXCESS DEFINED BENEFIT RETIREMENT PLAN
TO
NORDSON CORPORATION
EXCESS DEFINED BENEFIT RETIREMENT PLAN
The Nordson Corporation Excess Defined Benefit Retirement Plan (hereinafter referred to as the “Plan”), as originally established for the benefit of certain designated salaried employees effective as of November 1, 1985, and as amended on one subsequent occasion, is hereby further amended, effective upon execution hereof, to add new Section 2.4 as follows:
2.4 VESTING OF BENEFITS. Notwithstanding any provision of the Plan other than Section 6.6 to the contrary, the excess pension benefit of each eligible Employee determined as if he were to terminate employment on December 31, 1993, shall be fully vested and nonforfeitable on December 31, 1993.
EXECUTED at Westlake, Ohio this ___day of ___, 1993.
NORDSON CORPORATION
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