exv10w30






Exhibit 10.30




FIRST AMENDMENT TO THE

LITTELFUSE, INC. RETIREMENT PLAN




     THIS FIRST AMENDMENT to the Littelfuse, Inc. Retirement Plan, as amended and restated January
1, 2008, (the “Plan”) is made and entered into on March 25, 2009 by Littelfuse, Inc., a corporation
duly organized and existing under the laws of the State of Delaware (the “Company”), as follows:



     1. Section 1.1(A)(9) “Credited Service” is amended to add a new subparagraph (e) to the end
thereof to read as follows:




     “(e) any service with the Employer on or after April 1, 2009 will be excluded from the
Employee’s Credited Service unless otherwise required by law; provided that this
subparagraph (e) shall not apply in determining the Credited Service a Participant would
have accrued on his Normal Retirement Date if he continued in the fulltime service of the
Employer until his Normal Retirement Date for purposes of calculating the denominator of the
fraction in Section 1.1(A)(1)(b), and, provided further, that this subparagraph (e) shall
not apply in determining “Vesting Service” under paragraph (a) of Section 1.1(A)(41).”



     2. The first paragraph of the definition of “Final Average Monthly Compensation” in Section
1.1(A)(17) is amended to read in full as follows:




     “(17) ‘Final Average Monthly Compensation’ shall mean the Participants average monthly
Compensation from the Employer for the five consecutive calendar years, out of the 10
completed calendar years immediately preceding the first day of the month coincident with or
next following the earlier of the date as of which his service terminates for any reason
(or, where applicable, immediately preceding such other date as is specified hereunder) and
March 31, 2009, that give the highest average monthly rate of Compensation for the
Participant. Notwithstanding the foregoing, the determination of a Participant’s Final
Average Monthly Compensation, shall not, except to the extent as may be required by law,
take into account any portion of the Participant’s Compensation from the Employer on or
after April 1, 2009.”



     3. The definition of “Monthly Covered Compensation” in Section 1.1(A)(23) is amended to read
in full as follows:




     “(23) ‘Monthly Covered Compensation’ shall be equal to one-twelfth of the ‘covered
compensation,’ (within the meaning of Section 401(l)(5)(E) of the Internal Revenue Code and
regulations and rulings issued pursuant thereto) as determined for the earlier of the year
prior to the year of the Participant’s termination of employment or 2008, that applies to
the Participant based upon his year of birth.”



     4. Section 1.1(A)(41) “Vesting Service” is amended to add the following new subparagraph (e)
to the end thereof to read as follows:




     “(e) notwithstanding anything in the Plan to the contrary, an Employee shall continue
to earn Vesting Service on and after April 1, 2009, as described in this Section (41),
irrespective of the freezing of the Plan on such date.”



 









 





     5. A new Section 1.2(E) is added to the Plan to read as follows:




     “(E) No New Participants On or After April 1, 2009. No Eligible Employee or other
individual shall be permitted to become a Participant in the Plan on or after April 1, 2009
(i) as a new Participant or (ii) except to the extent required by applicable law or Section
1.4 or 1.5, due to reemployment or transfer. Any Participant in the Plan on March 31, 2009,
shall continue to participate in the Plan until his or her benefit accrued under the Plan,
determined as of March 31, 2009, has been distributed to him or her or otherwise discharged
by the Plan.”



     6. The first paragraph of Section 2.2(D) is amended to read in full as follows:




     “A Participant who, as of April 1, 2009, had attained age 62 and completed 10 years of
Vesting Service and who retires from the service of the Employer under the
provisions of this Section 2.2 prior to his Normal Retirement Date and on or after both
January 1, 1993 and the date as of which he has both attained the age of 62 years and
completed 10 years of Vesting Service shall be entitled, in addition to the monthly
retirement income described above in this Section 2.2, to a temporary supplemental monthly
retirement income, in the amount determined under Subsection (1) below, that is payable in
the manner described in Subsection (4) below.”



     7. The Plan is amended to replace, wherever in the Plan it appears, the term “Accrued Benefit”
with the term “accrued benefit.”



     Except as specifically set forth above, the terms of the Plan shall remain in full force and
effect as prior to this First Amendment.



     IN WITNESS WHEREOF, the Company has caused this First Amendment to be executed by its duly
authorized officer as of the date first above written.



	 	 	 	 	 	 	 
	 	 	LITTELFUSE, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Ryan K. Stafford
	 	 
	 

	 	Name: 
	 	Ryan K. Stafford	 	 
	 

	 	Title:
	 	Vice President and General Counsel