EXHIBIT 10.45

FOURTH AMENDMENT (2004-1) TO THE

PENSION PLAN FOR EMPLOYEES OF AMPHENOL CORPORATION
AS AMENDED AND RESTATED EFFECTIVE JANUARY 1, 2002

Pursuant to Section 12.1 of the Pension Plan for Employees of Amphenol
Corporation as amended and restated effective January 1, 2002 (the “Plan”), the
Plan is hereby amended, effective as of the dates set forth below, as follows:

1.             Effective January 1, 2005, Section 4.1(a)(11) of Exhibit B
(Spectra Strip) is amended in its entirety as follows:

(11)         Spectra Strip Division

Date of

 

 

 

Severance from Service

 

Benefit Amount

 

January 1, 1980

 

$

13.00

 

November 1, 1987

 

$

14.00

 

January 1, 2002

 

$

17.00

 

January 1, 2003

 

$

19.00

 

January 1, 2005 or later

 

$

20.00

 

 

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*Only service after January 1, 1980 is considered, except for Employees at
Garden Grove, California, for whom service after January 1, 1986 will not be
considered.

2.             Effective January 1, 2005, Section 4.1(a)(1) of Exhibit D
(Chatham Hourly) is amended by (a) substituting the following subsections (xi) —
(xii) for the existing subsections (xi) — (xii), and (b) adding the following
new subsection (xiii):

(xi)                                $17.25, for Participants terminating
employment on or after January 1, 2002 but prior to January 1, 2003;

(xii)                             $18.25, for Participants terminating
employment on or after January 1, 2003 but prior to January 1, 2005; or

(xiii)                          $20.00, for Participants terminating employment
on or after January 1, 2005.

3.             Effective January 1, 2005, Section 4.1(a)(2) of Exhibit D
(Liberty Hourly) is amended in its entirety to read as follows:

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(2)           Times Fiber Communications, Inc. – – Employees at Liberty, North
Carolina.  An amount equal to

(i)                                     $18.00, for Participants terminating
employment prior to January 1, 2005; or

(ii)                                  $20.00, for Participants terminating
employment on or after January 1, 2005.

4.             Effective January 1, 2005, Section 4.1(a)(1) of Exhibit H (Sidney
Hourly) is amended by (a) adding the following new subsection (i), (b)
substituting the following subsection (ii) for the existing subsection (i), and
(c) renumbers existing subsections (ii) – (viii) as subsections (iii) – (ix). 
As amended, the provision reads as follows:

(i)                                     $30.00 for Participants terminating
employment in the Eligible Class on or after January 1, 2005;

(ii)                                  $26.50 for Participants terminating
employment in the Eligible Class on or after January 1, 2002, but prior to
January 1, 2005;

(iii)                               $23.50 for Participants terminating
employment in the Eligible Class on or after January 1, 1999, but prior to
January 1, 2002;

(iv)                              $20.50 for Participants terminating employment
in the Eligible Class on or after November 1, 1997 but prior to January 1, 1999;

(v)                                 $20.00 for Participants terminating
employment in the Eligible Class on or after November 1, 1996 but prior to
November 1, 1997;

(vi)                              $19.00 for Participants terminating employment
in the Eligible Class subsequent to October 31, 1993 but prior to November 1,
1996;

(vii)                           $18.50 for Participants terminating employment
in the Eligible Class subsequent to October 31, 1990 but prior to November 1,
1993;

(viii)                        $18.00 for Participants terminating employment in
the Eligible Class subsequent to November 4, 1989 but prior to November 1, 1990;
or

(ix)                                $17.00 for Participants terminating
employment in the Eligible Class subsequent to October 31, 1987 but prior to
November 5, 1989;

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AMPHENOL CORPORATION

 

 

 

 

 

 

 

 

 

 

BY:

/s/ Edward C. Wetmore

 

 

 

 

Edward C. Wetmore

 

 

 

Its:  Secretary and General Counsel

 

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