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401(k) EXCESS PLAN

Employee Benefits Plan Agreement

401(k) EXCESS PLAN | Document Parties: ADC TELECOMMUNICATIONS INC You are currently viewing:
This Employee Benefits Plan Agreement involves

ADC TELECOMMUNICATIONS INC

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Title: 401(k) EXCESS PLAN
Date: 1/17/2006
Industry: Communications Equipment     Sector: Technology

401(k) EXCESS PLAN, Parties: adc telecommunications inc
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Exhibit 10-v

FOURTH AMENDMENT
OF
ADC TELECOMMUNICATIONS, INC.
401(k) EXCESS PLAN
(2002 Restatement)

     WHEREAS, ADC TELECOMMUNICATIONS, INC., a Minnesota corporation (the “Principal Sponsor”), by resolution of its Board of Directors, has heretofore established and maintains a nonqualified, unfunded, deferred compensation and supplemental retirement plan for the benefit of a select group of management or highly compensated eligible employees (the “Plan”), which, in its most recent restated form, is embodied in a document entitled “ADC TELECOMMUNICATIONS, INC. 401(k) EXCESS PLAN (2002 Restatement),” as amended by three amendments (hereinafter collectively referred to as the “Plan Statement”);

     WHEREAS, the Retirement Committee of ADC Telecommunications, Inc. (the “Committee”) has been delegated the power to make further amendments of the Plan Statement which do not materially increase the cost of the Plan; and

     WHEREAS, the Retirement Committee desires to amend the Plan Statement.

     NOW, THEREFORE, BE IT RESOLVED, the Plan Statement is hereby amended in the following respects:

1. EXCESS DEFERRALS. Effective for excess deferrals made for Plan Years beginning on or after January 1, 2006, Sections 3.1.1 and 3.1.2 of the Plan Statement are amended to read in full as follows:

     3.1.1. Amount. The Employer shall credit each Participant’s Excess Savings Account with the amount of deferred Compensation agreed to by each Participant pursuant to the Participant’s Excess Savings Agreement. No excess savings additions shall be credited to an eligible employee’s account for a Plan Year prior to the date the employee has earned Compensation that exceeds the limitations in Section 401(a)(17) of the Code for such Plan Year.

     3.1.2. Crediting the Account. The amount of Excess Compensation deferred with


 
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