Exhibit 10(e)(11)

 

ELEVENTH AMENDMENT TO

KAISER GROUP INTERNATIONAL, INC.

401(k) PLAN

 

WHEREAS, Kaiser Group International, Inc. (the “Company”) maintains the Kaiser
Group International, Inc. Section 401(k) Plan (the “Plan”); and

 

WHEREAS, Section 10.2 authorizes the Board to amend the Plan;

 

NOW, THEREFORE, effective May 31, 2004, the Plan is amended as follows:

 

Exhibit A is amended to include a reference to Kaiser Analytical Management
Services, Inc. as an “Excluded Entity”.

 

Executed this 11th day of November, 2004.

 

 

 

KAISER GROUP INTERNATIONAL, INC.

 

 

 

 

 

By:

/s/ Douglas W. McMinn

 

 

 

Douglas W. McMinn,

 

 

President and Chief Executive Officer

 

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