Exhibit 10.8(
d )
Fourth Amendment to
the
Sterling Chemicals,
Inc.
Amended and Restated
Salaried Employees’ Pension Plan
Whereas , Sterling Chemicals,
Inc. (the “ Corporation ”) currently
maintains its Amended and Restated Salaried Employees’
Pension Plan (as amended, 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 Fourth Amendment to Amended and Restated
Salaried Employees’ Pension Plan (this “
Amendment ”);
Now, Therefore , the Existing
Plan is hereby amended as follows:
Section 1. Amendment of
Section 3.1 of the Existing Plan . Paragraph (b) of
Section 3.1 of the Existing Plan is hereby amended to read in its
entirety as follows:
| |
(b) |
|
An employee who is credited with at least 1,000 Hours of
Service in the Service Computation Period that began on
October 1, 1995 and ended on September 30, 1996 and in
the Service Computation Period that began on January 1, 1996,
shall be credited with a year of Service for each such Service
Computation Period. |
Section 2. Effect of
Amendments . Except as amended and modified b
