Exhibit 10.7

CURTISS-WRIGHT CORPORATION
SAVINGS AND INVESTMENT PLAN
As Amended and Restated effective January 1, 2010

FIRST INSTRUMENT OF AMENDMENT

 

 

Recitals:

 

 

1.

Curtiss-Wright Corporation (the “Company”) has heretofore adopted the
Curtiss-Wright Corporation Savings and Investment Plan (the “Plan”) and has
caused the Plan to be amended and restated in its entirety, effective as of
January 1, 2010.

 

 

2.

Subsequent to the most recent amendment and restatement of the Plan, it has
become necessary to amend the Plan to provide for the merger of the Hybricon
Employees Savings and Security Plan (the “Hybricon Plan”) into the Plan.

 

 

3.

Section 12.01(a) of the Plan permits the Company to amend the Plan, by written
instrument, at any time and from time to time.

 

 

4.

Section 12.01(b) authorizes the Administrative Committee to adopt Plan
amendments on behalf of the Company if they are required for administrative
purposes and do not have a material impact on costs or benefit levels.

 

 

Amendments to the Plan:

 

 

1.

The Hybricon Plan shall be and hereby is merged into the Plan, effective
December 31, 2010, with the surviving plan being this Plan.

 

 

2.

Accounts transferred to the Plan from the Hybricon Plan shall initially be
invested in the Investment Fund designated by the Administrative Committee,
which shall be the Fidelity Freedom Fund selected on the basis of the Member’s
age. A Member may thereafter change the investment of his Account, including the
transferred amounts, in accordance with the Plan’s provisions relating to the
investment of Members’ Accounts.

Except to the extent amended by this Instrument of Amendment, the Plan shall
remain in full force and effect.

IN WITNESS WHEREOF, this amendment has been executed on this _____ day of
__________________, 2010.

 

 

 

 

 

 

 

Curtiss-Wright Corporation

 

 

 

Administrative Committee

 

 

 

 

 

By:

 

 

 

 

 

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Date:

 

 

 

 

 

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