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AMENDMENT NO. 1 TO THE ALPHARMA INC. 2005 SUPPLEMENTAL SAVINGS PLAN

Employee Benefits Plan Agreement

AMENDMENT NO. 1 TO THE ALPHARMA INC. 2005 SUPPLEMENTAL SAVINGS PLAN | Document Parties: ALPHARMA INC You are currently viewing:
This Employee Benefits Plan Agreement involves

ALPHARMA INC

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Title: AMENDMENT NO. 1 TO THE ALPHARMA INC. 2005 SUPPLEMENTAL SAVINGS PLAN
Date: 3/16/2006
Industry: Biotechnology and Drugs     Sector: Healthcare

AMENDMENT NO. 1 TO THE ALPHARMA INC. 2005 SUPPLEMENTAL SAVINGS PLAN, Parties: alpharma inc
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AMENDMENT NO. 1 TO THE

ALPHARMA INC. 2005 SUPPLEMENTAL SAVINGS PLAN

 

                        The Alpharma Inc. 2005 Supplemental Savings Plan (the "Plan") is hereby amended effective as of the dates indicated below, as follows:

1.       Effective January 1, 2006, the Introduction to the Plan is hereby amended by adding the following to the end thereof:

"No employee shall become a Participant in the Plan after December 31, 2005. Participants are no longer permitted to elect to defer Compensation effective as of the first payroll period ending in 2006."

 

2.       Effective January 1, 2006, Section 2.1 of the Plan is hereby amended by adding the following to the end thereof:

"No employee shall become a Participant in the Plan after December 31, 2005."

 

3.       Effective January 1, 2006, Section 3.1(c) of the Plan is hereby amended by adding the following to the end thereof:

"All Comp


 
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