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AMENDMENT NO. 4 TO THE TERRA INDUSTRIES INC. SUPPLEMENTAL DEFERRED COMPENSATION PLAN

Addendum or Modifications

AMENDMENT NO. 4 TO THE TERRA INDUSTRIES INC. SUPPLEMENTAL DEFERRED COMPENSATION PLAN | Document Parties: TERRA INDUSTRIES INC You are currently viewing:
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TERRA INDUSTRIES INC

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Title: AMENDMENT NO. 4 TO THE TERRA INDUSTRIES INC. SUPPLEMENTAL DEFERRED COMPENSATION PLAN
Date: 2/27/2009
Industry: Chemical Manufacturing     Sector: Basic Materials

AMENDMENT NO. 4 TO THE TERRA INDUSTRIES INC. SUPPLEMENTAL DEFERRED COMPENSATION PLAN, Parties: terra industries inc
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Exhibit 10.1.6

AMENDMENT NO. 4 TO THE
TERRA INDUSTRIES INC.
SUPPLEMENTAL DEFERRED
COMPENSATION PLAN

     WHEREAS, Terra Industries Inc. (the “Company”) maintains the Terra Industries Inc. Supplemental Deferred Compensation Plan as amended effective as of July 26, 2000 (the “Plan”); and

     WHEREAS, in light of the restrictions imposed on deferred compensation plans by the American Jobs Creation Act of 2004, it is now considered desirable to provide for the discontinuance of active participation in the Plan and the cessation of Participant deferrals under the Plan;

     NOW, THEREFORE, BE IT RESOLVED that, pursuant to the power reserved to the Company by Section 12.04 of the Plan, the Plan be and it hereby is amended by adding the following amendment, effective as of December 31, 2004:

 

1.

 

Discontinuance of Active Participation . Effective as of January 1, 2005, each Participant in the Plan as of that date will continue as a Particip


 
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