Exhibit (10)(ba)
 
FIRST (QUALIFICATION) AMENDMENT TO THE
MET-PRO CORPORATION RETIREMENT SAVINGS PLAN
 
This First (Qualification) Amendment to the Met-Pro Corporation Retirement
Savings Plan (the “Plan”) is made by Met Pro Corporation (the “Company”).
 
W I T N E S S E T H:
 
WHEREAS, the Company established the Plan for its eligible employees effective
as of January 1, 1999, and amended and restated as of January 1, 2007;

WHEREAS, the Company reserved the right in Section 13.01 of the Plan to amend
the Plan at any time; and
 
WHEREAS, the Company wishes to amend the Plan as requested by the Internal
Revenue Service in connection with the application for a favorable determination
letter.

NOW, THEREFORE, the Plan is hereby amended as set forth below.
 
1.           Section 1.23 of the Plan is amended to replace the phrase
“compensation” (as defined in Section 415 of the Code)” contained in subsection
(ii) with “compensation” (as defined in Section 4.03(a) of the Plan).
 
 
 
 
 
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2.           Section 3.01(e) of the Plan is amended to replace “Plan Year” with
“taxable year” where such term appears on the second line of the Section.
 
3.           The following sentence is added to the end of Section 4.04(c) as
follows:
 
Notwithstanding the above, if the Plan Administrator fails to correct the Plan’s
Actual Deferral Percentage test within two and one-half (2-1/2) months following
the end of the Plan Year, the Employer may be liable for any excise tax assessed
under Code § 4979 and the Treasury regulations promulgated thereunder.
 
4.           Section 15.01(g) is amended to replace “separation of service” with
“severance from employment” where such phrase appears in the Section.
 
5.           The model “125 deemed compensation” amendment to the prior
prototype plan document which was adopted on October 23, 2003 and effective
January 1, 2002 was not applicable to the Plan and is deleted in its entirety
effective as of January 1, 2002.
 

IN ALL OTHER RESPECTS, this Plan is continued in full force and effect. In order
to maintain the terms of the Plan in a single document, this First
(Qualification) Amendment may be incorporated into the most recent restatement
of the Plan.

 
 
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IN WITNESS WHEREOF, the Company has caused this First (Qualification) Amendment
to be executed by its duly authorized officer this  11    day
of November                 , 2008.
 

ATTEST:
 
Met Pro Corporation
                                   
By
 /s/ Amy Covely  
By
 /s/ Gary J. Morgan              
Title:
  Benefits Administrator  
Title:
 V/P of Finance  

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
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