Document:

Exhibit

CURTISS-WRIGHT CORPORATION
RETIREMENT PLAN
As Amended and Restated effective January 1, 2015
FIFTH INSTRUMENT OF AMENDMENT
Recitals:
		
	1.
	Curtiss-Wright Corporation (the “Company”) has heretofore adopted the Curtiss Wright Corporation Retirement Plan (the “Plan”) and has caused the Plan to be amended and restated in its entirety effective as of January 1, 2015.

		
	2.
	The Plan consists of two separate components:  the EMD Component, which applies to eligible employees of Curtiss-Wright Electro-Mechanical Corporation as provided in the EMD appendix to the Plan, and the CWC Component, which applies to other employees eligible to participate in the Plan (the “CWC Component”).

		
	3.
	Subsequent to the most recent amendment and restatement of the Plan, the Company has decided to amend the CWC Component to revise the definition of “disability” for employees covered by collective bargaining agreements and to amend the EMD Component to clarify the definition of “disability.”

		
	4.
	Articles 12.01 and 12.02 of the CWC Component permit the Company to amend the CWC Component, by written resolution, at any time and from time to time.

		
	5.
	Article 11.02(b) of the CWC Component authorizes the Curtiss-Wright Corporation Administrative Committee to adopt certain CWC Component amendments on behalf of the Company.

Amendment:
For the reasons set forth in the Recitals to this Instrument of Amendment, the CWC and EMD Components of the Plan are hereby amended in the following respects:
CWC Component
The CWC Component is amended as follows:

Effective April 2, 2018, Articles 9.02(c)(ii) and (v) are amended in their entirety, to read as follows:

(ii)    A Participant shall be deemed to be totally and permanently disabled for purposes of this paragraph when he is found to be eligible to receive disability benefits under the long-term disability plan of the Company.

(v)    If any disability pensioner is found to be no longer eligible to receive disability benefits under the long-term disability plan of the Company, his disability pension will cease. In the event the disability pensioner refuses to submit to a medical examination that is necessary to determine his continuing eligibility to receive disability benefits under the long-term disability plan of the Company, his pension will be discontinued until he submits to such examination.

EMD Component
Effective April 2, 2018, The EMD Component is amended as follows:

1.    The second paragraph of Section 1.13A is amended by adding the following sentence at the end thereof, to read as follows:

For purposes of this Section 1.13.A, an Employee shall be considered disabled if he is found to be eligible to receive disability benefits under the long-term disability plan     of the Employer.

2.    The second paragraph of Section 1.17A is amended by adding the following sentence at the end thereof, to read as follows:

For purposes of this Section 1.17.A, an Employee shall be considered disabled if he is found to be eligible to receive disability benefits under the long-term disability plan of the Employer.

3.    Section 3.E is amended by adding the following sentence at the end thereof, to read as follows:

For purposes of this Section 3.E, an Employee shall be considered disabled if he is found to be eligible to receive disability benefits under the long-term disability plan of the Employer.

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 28th day of March, 2018.

	
		
	 
	Curtiss-Wright Corporation

	 
	Administrative Committee

	 
	 

	By:
	 

	 
	Paul J. FerdenziExhibit

CURTISS-WRIGHT CORPORATION
RETIREMENT PLAN
As Amended and Restated effective January 1, 2015
SIXTH INSTRUMENT OF AMENDMENT
Recitals:
		
	1.
	Curtiss-Wright Corporation (the “Company”) has heretofore adopted the Curtiss Wright Corporation Retirement Plan (the “Plan”) and has caused the Plan to be amended and restated in its entirety effective as of January 1, 2015.

		
	2.
	The Plan consists of four separate components:  

		
	a.
	The EMD Component, which applies to eligible employees of Curtiss-Wright Electro-Mechanical Corporation as provided in the EMD appendix to the Plan (the “EMD Component”); 

		
	b.
	The CWC Component, which applies to other employees of the Company eligible to participate in the Plan (the “CWC Component”); 

		
	c.
	The Williams Salaried Plan Component, which applies to eligible employees of Williams Controls, Inc. as provided in the plan document for the plan formerly known as the Williams Controls, Inc. Retirement Plan prior to the Plan’s merger with it, effective as of December 31, 2014; and 

		
	d.
	The Williams Union Plan Component, which applies to eligible employees of Williams Controls, Inc. as provided in the plan document for the plan formerly known as the Williams Controls, Inc. U.A.W. Local 492 Pension Agreement prior to its merger with the plan formerly known as the Williams Controls, Inc. Retirement Plan, effective as of December 31, 2014 (the “Williams Union Plan Component”).

		
	3.
	Subsequent to the most recent amendment and restatement of the Plan, the Company has decided to amend the CWC Component to reflect the terms of a new collective bargaining agreement covering employees of the Company’s Target Rock operations that (i) increases their benefit formula with respect to credited service earned on or after January 1, 2019, and (ii) provides for the cessation of benefit accruals after December 31, 2028.

		
	4.
	Subsequent to the most recent amendment and restatement of the Plan, the Company has decided to amend the Williams Union Plan Component to reflect the terms of a new collective bargaining agreement covering employees of Williams Controls, Inc. that (i) maintains their benefit formula with respect to credited service earned on or after October 1, 2018, and (ii) provides for the cessation of benefit accruals after December 31, 2028.

		
	5.
	Articles 12.01 and 12.02 of the CWC Component permit the Company to amend the CWC Component, by written resolution, at any time and from time to time.

		
	6.
	Article 11.02(b) of the CWC Component authorizes the Curtiss-Wright Corporation Administrative Committee to adopt certain CWC Component amendments on behalf of the Company.

		
	7.
	Section 10.1 of the Williams Union Plan Component permits the Company to amend the Williams Union Plan Component at any time.

		
	8.
	Article 11.02(b) of the CWC Component and Section 12.B.2 of the EMD Component authorize the Curtiss-Wright Corporation Administrative Committee to adopt certain Plan amendments on behalf of the Company.

Amendment:
For the reasons set forth in the Recitals to this Instrument of Amendment, the CWC and EMD Components of the Plan are hereby amended in the following respects:

CWC Component
The CWC Component is amended as follows:

Effective January 1, 2019, Section 9.02(a)(v) (“Target Rock Corporation”) is amended by adding the following subparagraphs (Z), (AA), (BB), (CC) and (DD) at the end thereof, to read, respectively, as follows:

(Z)    $62.00 multiplied by his years of Credited Service with Curtiss-Wright Flow Control Corporation on or after January 1, 2019, for any pension payments due for months commencing on or after January 1, 2019.

(AA)    $64.00 multiplied by his years of Credited Service with Curtiss-Wright Flow Control Corporation on or after January 1, 2020, for any pension payments due for months commencing on or after January 1, 2020.

(BB)    $66.00 multiplied by his years of Credited Service with Curtiss-Wright Flow Control Corporation on or after January 1, 2021, for any pension payments due for months commencing on or after January 1, 2021.

(CC)    $68.00 multiplied by his years of Credited Service with Curtiss-Wright Flow Control Corporation on or after January 1, 2022, for any pension payments due for months commencing on or after January 1, 2022.

(DD)    $70.00 multiplied by his years of Credited Service with Curtiss-Wright Flow Control Corporation on or after January 1, 2023, for any pension payments due for months commencing on or after January 1, 2023.

In no event shall any years of Credited Service be credited for purposes of this paragraph (a)(v) for any period of employment on or after January 1, 2029.

Williams Union Plan Component
The Williams Union Plan Component is amended as follows:

1.    Effective October 1, 2018, the Introduction to the Plan is hereby amended by adding a new paragraph at the end thereof, to read as follows:

The Accrued Benefit is frozen effective December 31, 2028, and no additional benefits shall accrue after such date.  

2.    Effective October 1, 2018, Section 1.02 is amended so that the following new language is added immediately following the clause “However, Accrual Service is modified as follows:” in the definition of Accrual Service: 

Service after a date excluded:

Service after the date the Accrued Benefit is frozen (as stated in the INTRODUCTION SECTION) is excluded.

3.    Effective October 1, 2018, Section 4.01(a) is amended in its entirety, to read as follows:

(a)    An amount equal to the following schedule:

   Date of Retirement or 
Termination            Dollar Level

01/01/2008-09/30/2022             $28.00    

4.    Effective October 1, 2018, Section 4.01 is amended by adding the following new paragraph at the end thereof, to read as follows:

After the date the Accrued Benefit is frozen (as stated in the INTRODUCTION SECTION), no additional benefits shall accrue under the Plan.

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 November, 2018.

	
		
	 
	Curtiss-Wright Corporation

	 
	Administrative Committee

	 
	 

	By:
	 

	 
	Paul J. Ferdenzi

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}]]