Exhibit 10.11(a)
First Amendment to
the
Sterling Chemicals,
Inc.
Amended and Restated Hourly
Paid Employees’ Pension Plan
Whereas , Sterling Chemicals,
Inc. (the “ Corporation ”) currently
maintains its Amended and Restated Hourly Paid Employees’
Pension Plan (the “ Existing Plan
”);
Whereas , pursuant to
Section 16.1 of the Existing Plan, the Corporation has the
right to amend the Existing Plan in certain respects; and
Whereas , the Corporation, as
plan sponsor, desires to, and hereby elects to, modify the Existing
Plan as provided in this First Amendment to Amended and Restated
Hourly Paid Employees’ Pension Plan (this “
Amendment ”);
Now, Therefore , the Existing
Plan is hereby amended as follows:
Section 1. Amendment of
Section 11.6 of the Existing Plan . Paragraph (a) of
Section 11.6 of the Existing Plan is hereby amended to read in its
entirety as follows:
(a) An “eligible retirement
plan” means, with respect to the Participant, the
Participant’s surviving Spouse or the Participant’s
Spouse or former Spouse who is the alternate payee under a
qualified domestic relations order, an individual retirement
account described in Code Section 408(a), an individual retirement
annuity described in Code Section 408(b), an annuity plan
described in Code Section 403(a), a qualified trust described
in Code Section 401(a) that accepts rollovers, an annuity contract
described in Code Section 403(b) or an eligible plan under Code
Section 457(b) which is maintained by a state, political
subdivision of a state, or any agency or instrumentality of a state
or political subdivision of a state and which agrees to separately
account for amounts transferred into such plan from this Plan. The
definit
