Exhibit 10.2
    

    

    

    
      ROGERS CORPORATION
ANNUAL
      INCENTIVE COMPENSATION PLAN
SECOND
      AMENDMENT 
    

    

    

    
      Pursuant to the powers and procedures for
      amendment of the Rogers Corporation Annual Incentive Compensation Plan,
      as amended effective as of February 10, 2010 (the “Plan”), the
      Compensation and Organization Committee of the Board of Directors of
      Rogers Corporation (the “Committee”) hereby amends the Plan as follows,
      effective January 1, 2010:
    

    
    	
           
        	
          1.
        	
           
        	
          New Section 2.2 shall be added to the Plan and shall read as follows:
        
	

        	

        	

        	
           
        
	

        	
          “2.2
        	

        	
          Nothing contained in this Plan shall prohibit the Company or any of
          its subsidiaries from establishing any other bonus or incentive
          compensation plans providing for the payment of bonuses or other
          forms of incentive compensation to employees (including
          Participants).”
        
	

        	

        	

        	
           
        
	

        	
          2.
        	

        	
          Section 4.2 of the Plan is hereby amended in its entirety to read as
          follows:
        
	

        	

        	

        	
           
        
	

        	
          “4.2.
        	

        	
          Performance Weights by Participant group are as follows:
        


    

    
    	
           
        	

        	

        	
           
        	
          Target Award
        
	

        	

        	
          Corporate
        	

        	
          Division/Group
        
	

        	
          Position
        	
          Performance
        	
           
        	
          Performance
        
	

        	
          Executive Officers1
        	
          40% - 100%
        	

        	
          60% - 0%
        
	

        	

        	

        	

        	
           
        
	

        	
          Other Corporate Participants2
        	
          30%
        	

        	
          70%
        
	

        	

        	

        	

        	
           
        
	

        	
          Other Division Participants
        	
          30%
        	
           
        	
          70%
        


    

    
      1Excluding
      the CEO
    

    
      2
      The 70% Division Performance portion for each Corporate Report will be
      determined by multiplying 70% of his or her Target Award by the result
      obtained by dividing all divisional profit related to Divisional
      Performance by the total divisional profit if every Division had
      achieved their 100% target for the year.
    

    

    

    
    	
           
        	
          Notwithstanding anything to the contrary contained herein, the
          Committee may in its sole discretion vary performance weights for
          each executive officer between Corporate Performance and
          Division/Group Performance on a case-by-case basis as it deems
          appropriate.”
        


    

    
    	
           
        	
          3.
        	
           
        	
          Except as expressly amended by this Second Amendment, the Plan in
          all other respects remains in full force and effect and is hereby
          confirmed.
        


    

    

    

    
      IN WITNESS WHEREOF, the Committee has
      caused this Second Amendment to the Plan to be duly executed on this 16
      day of February 2010.
    

    
    	
           
        	
          
            ROGERS CORPORATION
          

        
	

        	

        	
           
        
	

        	
          By:
        	
          
            /s/ Pete Kaczmarek
          

        
	

        	

        	
           
        
	

        	
          Its:
        	
          Senior Vice President