AMENDMENT TO THE SPX CORPORATION SUPPLEMENTAL RETIREMENT PLAN FOR TOP MANAGEMENT
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EX-10.3 5 dex103.htm AMENDMENT TO THE SPX CORPORATION SUPPLEMENTAL RETIREMENT PLAN FOR TOP MANAGEMENT Amendment to the SPX Corporation Supplemental Retirement Plan for Top Management
Exhibit 10.3
AMENDMENT TO THE
SPX CORPORATION SUPPLEMENTAL RETIREMENT PLAN
FOR TOP MANAGEMENT
Pursuant to the powers of amendment reserved in Section 6.1 of the SPX Corporation Supplemental Retirement Plan for Top Management (the Plan), SPX Corporation hereby amends the Plan in the following manner:
1. | Effective as of June 23, 2004, the second sentence of Section 6.1 is deleted and replaced with the following new sentence: |
Any such amendment or termination shall be made pursuant to a resolution of the Compensation Committee and shall be effective as of the date of such resolution or as specified therein.