Exhibit 10.11 (a)

MANAGEMENT DEVELOPMENT AND     COMPENSATION COMMITTEE   18 MAY 2006

RESOLUTIONS AMENDING
ANNUAL INCENTIVE PLAN
     WHEREAS, Section 9 of the Air Products and Chemicals, Inc. Annual Incentive
Plan authorizes the Committee to amend the Plan; and
     WHEREAS, it has been recommended that the Committee adopt amendments to the
Plan to ensure compliance with new federal tax rules applicable to deferred
compensation (“Code Section 409A”) and in connection with the Company’s
outsourcing of plan administration functions; including specifically an
amendment to provide that deferred payment awards granted under the plan will be
accounted for and paid under the terms of the Air Products and Chemicals, Inc.
Deferred Compensation Plan.
     NOW, THEREFORE, BE IT RESOLVED, that Section 5 of the Plan is amended,
effective for awards made on or after 1 October 2006 and for deferred payment
awards outstanding as of 1 October 2006, to read as follows:
5. FORM AND PAYMENT OF AWARDS
(a) Subject to the provisions of this paragraph 5 relating to deferred payment
awards, awards for a particular Fiscal Year shall be distributed as soon as
feasible in cash or shares of Common Stock or both and, once announced by or for
the Committee to the Participant, shall not be subject to forfeiture for any
reason, whether or not payable immediately or as a deferred payment award;
provided, however, that any award for a Fiscal Year will be paid to the
Participant only if the Participant is employed by the Company or a
Participating Subsidiary on the last day of the Fiscal Year, except as otherwise
permitted by paragraph 3.
(b) At the discretion of the Committee, or the election of the Participant as
permitted by paragraph 5(c), payment of all or a portion of an award to any
Participant may be deferred until termination of the Participant’s employment
with the Company or a Subsidiary. Such deferral shall, in the case of a U.S.

 

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MANAGEMENT DEVELOPMENT AND     COMPENSATION COMMITTEE   18 MAY 2006

employee, be made under the Air Products and Chemicals Inc Deferred Compensation
Plan (the “Deferred Compensation Plan”).
(c) Any U.S. employee eligible to participate in the Plan may elect prior to the
beginning of any Fiscal Year as to which an award may be granted to such
employee, that all or a part of an amount to be awarded to him or her for such
Fiscal Year shall be in the form of a deferred payment award. Once an employee
elects a deferred payment award for the Fiscal Year, this election will be
binding on both the employee and the Company with respect to any award the
employee is granted for the Fiscal Year, except that, if the amount that can be
deferred as designated by the Committee under paragraph 4(a) is not sufficient
to fund all of the deferrals elected, a pro rata reduction shall be made in each
electing Participant’s deferred award and any excess shall be paid out
currently.
(d) Deferred payment awards shall be credited on the books of the Company, shall
accrue earnings, and shall be paid out in accordance with, and otherwise subject
to the terms of the Deferred Compensation Plan.
(e) Any deferred compensation award of a Participant that is outstanding as of
1 October 2006 and all earnings accrued thereon shall be transferred, as of such
date, to a Deferred Compensation Account maintained on behalf of such
Participant under the Deferred Compensation Plan;
and, it is,
     RESOLVED FURTHER, that the Vice-President-Human Resources of the Company
shall be authorized and empowered to make such additional changes or amendments
to the Plan as shall be required to the conform the Plan to the requirements of
Code Section 409A or to facilitate the outsourcing of the Plan administration;
and it is,
     RESOLVED FURTHER, that the proper officers of the Company be, and they each
hereby are, authorized and empowered, in the name and on behalf of the Company,
to make, execute, and deliver such instruments, documents, and certificates and
to do and perform such other acts and things as may be necessary or appropriate
to carry out the intent and accomplish the purposes of these

 

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MANAGEMENT DEVELOPMENT AND     COMPENSATION COMMITTEE   18 MAY 2006

Resolutions, including without limitation, making such additional revisions, if
any, to the Plan as may be required, in their discretion and upon advice of
counsel to the Company, for compliance with applicable law.
MANAGEMENT DEVELOPMENT
AND COMPENSATION COMMITTEE
19 JULY 2006