HAWKER BEECHCRAFT ACQUISITION CO LLC - FORM 10-Q - EX-10.1 - FOURTH AMENDMENT TO THE HAWKER BEECHCRAFT SAVINGS AND INVESTMENT PLAN - November 9, 2010

Attached files

file filename
10-Q - FORM 10-Q - HAWKER BEECHCRAFT ACQUISITION CO LLCd10q.htm
EX-10.3 - FORM OF HAWKER BEECHCRAFT, INC. NONQUALIFIED STOCK OPTION AGMT (PERFORM-VESTING) - HAWKER BEECHCRAFT ACQUISITION CO LLCdex103.htm
EX-10.5 - AMENDMENT OF CERTAIN HAWKER BEECHCRAFT, INC. FORMS OF AGREEMENTS - HAWKER BEECHCRAFT ACQUISITION CO LLCdex105.htm
EX-10.2 - FORM OF HAWKER BEECHCRAFT, INC. NONQUALIFIED STOCK OPTION AGMT (TIME-VESTING) - HAWKER BEECHCRAFT ACQUISITION CO LLCdex102.htm
EX-10.4 - FORM OF HAWKER BEECHCRAFT, INC. NONQUALIFIED STOCK OPTION AGMT (PERFORM-VESTING) - HAWKER BEECHCRAFT ACQUISITION CO LLCdex104.htm
EX-31.1.1 - CERTIFICATIONS OF THE PEO OF HAWKER BEECHCRAFT ACQUISITION COMPANY, LLC - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3111.htm
EX-32.1.4 - CERTIFICATION OF THE PFO OF HAWKER BEECHCRAFT NOTES COMPANY - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3214.htm
EX-32.1.3 - CERTIFICATION OF THE PFO OF HAWKER BEECHCRAFT ACQUISITION COMPANY, LLC - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3213.htm
EX-32.1.1 - CERTIFICATION OF THE PEO OF HAWKER BEECHCRAFT ACQUISITION COMPANY, LLC - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3211.htm
EX-32.1.2 - CERTIFICATION OF THE PEO OF HAWKER BEECHCRAFT NOTES COMPANY - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3212.htm
EX-31.1.3 - CERTIFICATIONS OF THE PFO OF HAWKER BEECHCRAFT ACQUISITION COMPANY, LLC - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3113.htm
EX-31.1.4 - CERTIFICATIONS OF THE PFO OF HAWKER BEECHCRAFT NOTES COMPANY - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3114.htm
EX-31.1.2 - CERTIFICATIONS OF THE PEO OF HAWKER BEECHCRAFT NOTES COMPANY - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3112.htm

 

Exhibit 10.1

FOURTH AMENDMENT TO THE

HAWKER BEECHCRAFT SAVINGS AND INVESTMENT PLAN

This Fourth Amendment to the Hawker Beechcraft Savings and Investment Plan is made this 27th day of September, 2010.

WHEREAS, Hawker Beechcraft Corporation (the “Company”) maintains the Hawker Beechcraft Savings and Investment Plan (the “Plan”); and

WHEREAS, the Company has reserved the right to amend the Plan.

NOW, THEREFORE in consideration of the foregoing premises, effective October 4, 2010, Section 4.03 of the Plan is amended and restated to read as follows:

Section 4.03. Employer Matching Contribution. Subject to the terms and conditions hereinafter provided, the Employer will make a matching contribution for each eligible Participant (as defined in Article II) as follows:

For each eligible participant who is covered under the provisions of a collective bargaining agreement the matching contribution will be equal to 100% of the first 4% of Compensation contributed by such Participant as an elective before-tax or after-tax contribution pursuant to Section 4.04.

For all other eligible participants the matching contribution will be equal to 50% of the first 4% of Compensation contributed by such Participant as an elective before-tax or after-tax contribution pursuant to Section 4.04.

Notwithstanding anything herein to the contrary, no Participant will accrue or be entitled to any matching contribution hereunder unless and until such contribution is contributed to the Trust.

The amount of the Employer Matching Contribution for each eligible Participant will be determined based on the amount or percentage contributed as a salary reduction contribution for each pay period and not on the total percentage contributed throughout the year.

The amount of the Employer’s matching contribution made for each Participant pursuant to this Section 4.03 will be allocated to the Participant’s Matching Account.

The Company reserves, by action of its governing body, the right to terminate, suspend, or modify contributions at any time and from time to time.

 

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IN WITNESS WHEREOF, the foregoing amendment is executed as of the day, month, and year first appearing above.

 

HAWKER BEECHCRAFT CORPORATION
By:  

/s/ Sharad B. Jiwanlal

  Name:   Sharad B. Jiwanlal
  Title:   Vice President, Human Resources

 

ATTEST:

Cynthia L. Norman

 

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HAWKER BEECHCRAFT ACQUISITION CO LLC Reports