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AMENDMENT NO. 6 TO ADOPTION AGREEMENT #001 RELATING TO RETIREMENT SAVINGS TRUST AND PLAN A PROTOTYPE PLAN SPONSORED

Employee Benefits Plan Agreement

AMENDMENT NO. 6 TO ADOPTION AGREEMENT #001 RELATING TO RETIREMENT SAVINGS TRUST AND PLAN A PROTOTYPE PLAN SPONSORED | Document Parties: EXCO RESOURCES INC | CALFEE, HALTER & GRISWOLD LLP | NORTH COAST ENERGY, INC You are currently viewing:
This Employee Benefits Plan Agreement involves

EXCO RESOURCES INC | CALFEE, HALTER & GRISWOLD LLP | NORTH COAST ENERGY, INC

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Title: AMENDMENT NO. 6 TO ADOPTION AGREEMENT #001 RELATING TO RETIREMENT SAVINGS TRUST AND PLAN A PROTOTYPE PLAN SPONSORED
Date: 4/24/2006
Industry: Oil and Gas Operations     Law Firm: Calfee Halter     Sector: Energy

AMENDMENT NO. 6 TO ADOPTION AGREEMENT #001 RELATING TO RETIREMENT SAVINGS TRUST AND PLAN A PROTOTYPE PLAN SPONSORED, Parties: exco resources inc , calfee  halter & griswold llp , north coast energy  inc
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Exhibit 4.25

 

AMENDMENT NO. 6

TO

ADOPTION AGREEMENT #001

RELATING TO

RETIREMENT SAVINGS TRUST AND PLAN

A PROTOTYPE PLAN SPONSORED BY

CALFEE, HALTER & GRISWOLD LLP

 

 

NORTH COAST ENERGY, INC.

EMPLOYEES’ PROFIT SHARING TRUST AND PLAN

 

Restatement Date:  January 1, 2003

 

WITNESSETH:

 

WHEREAS, the Company amended and restated the North Coast Energy, Inc. Employees’ Profit Sharing Trust and Plan (hereinafter called the “Plan”), effective January 1, 2003, by completing and executing an Adoption Agreement (hereinafter called the “Adoption Agreement”) to the Calfee, Halter & Griswold Regional Prototype Plan; and

 

WHEREAS, the Company reserved the right to amend the Adoption Agreement and the Trust and Plan pursuant to Section 28.1 thereof; and

 

WHEREAS, the Company desires to amend the Plan in order to modify the safe harbor definition of “Compensation”in the Plan;

 

NOW, THEREFORE, pursuant to Section 28.1 of the Plan, the Company hereby amends the Plan, effective as of January 1, 2006, as follows:

 



 

1.             Section (20) of Adoption Agreement #001 is hereby amended, effective as of January 1, 2006, by the deletion of said Section and the substitution in lieu thereof of a new Section (20) to read as follows:

 

“(20)       Compensation .

 

Basic Definition.  A Participant’s Compensation shall be determined on the basis of the following:  (select one)

 

o                                     Section 415 compensation as described in Section 2.14(a)(i) of the Trust and Plan

 

o                                     Modified Section 415 compe


 
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