Document:

Sixth Amendment to Mattel, Inc. Restated Personal Investment Plan

 EXHIBIT 10.56 
  
 MATTEL, INC. 
 PERSONAL INVESTMENT PLAN 
 SIXTH AMENDMENT TO THE OCTOBER 1, 2001 RESTATEMENT 
  
 W I T N E S S E T H: 
  
 WHEREAS, Mattel, Inc. (“Mattel”) sponsors the Mattel, Inc.
Personal Investment Plan, as amended (the “Plan”); and 
  
 WHEREAS, Mattel desires to amend the Plan to (i) clarify the definition of Eligible Employee and (ii) change the provisions for payment of small accounts in accordance with the mandatory rollover rules of Code
Section 401(a)(31)(B); and 
  
 WHEREAS, in Section 16.1
of the Plan, Mattel reserved the right to amend the Plan at any time in whole or in part; 
  
 NOW, THEREFORE, in order to effect the foregoing, Mattel does hereby declare that the Plan be, and it hereby is, amended, as follows: 
  
 1. Effective as of January 1, 2005, Section 2.18(d) of the Plan, regarding exclusions from the definition of
Eligible Employee, shall be amended to read as follows: 
  
 “(d) any person who is classified by a Participating Company as being in one or more of the following ineligible categories, even if the Participating Company’s classification is incorrect or the person is otherwise determined to
be a common law employee of the Participating Company: 
  
 (i) Project Employees—persons who the Participating Company classifies as employed to work on discrete projects or creative matters, or the equivalent (such as students or interns), except to the extent the Participating Company, by
written notice, elects to extend Plan participation to them; 
  
 (ii) Persons Waiving Participation—persons to whom the Participating Company did not extend the opportunity of participating in this Plan, and who, as determined by the Participating Company, agreed to such
nonparticipation status; 
  
 (iii) Persons Not
Classified As Employees for Tax Purposes—persons who the Participating Company does not classify as Employees for federal tax purposes, as evidenced by its failure to withhold employment and income taxes from their compensation, including,
without limitation, independent contractors, consultants, persons working for a nonparticipating employer that provides goods or services (including temporary employee services) to the Participating Company, and persons working for an entity for
whom the Participating Company provides goods or services; 
  
 (iv) Non-Employees Taken into Account for Discrimination Testing or Other Statutory Purposes—persons who are not classified by the Participating Company as its Employees, but who must be taken into account in
testing this Plan for discrimination or for other statutory purposes; or 
  
 (v) Employees on Terminal Leave—persons who the Participating Company has determined to have permanently ceased to render active services but who it continues to treat as employees for certain purposes, except to
the extent the Participating Company, by written notice, elects to extend Plan participation to them.” 
  
 2. Effective as of March 28, 2005, Section 8.8(d) of the Plan shall be deleted in its entirety and replaced with the following: 
  
 “(d) If a Participant who attained his Normal
Retirement Date, or whose Distributable Benefit is subject to mandatory distribution without the Participant’s consent in accordance with Section 8.19 fails to file a direct rollover election with the Committee within ninety (90) days
after notice is given, or if the 

 
Committee cannot effect the direct rollover election within a reasonable time after the election is filed due to the failure of the Participant to take such
actions as may be required by the eligible retirement plan before it will accept the direct rollover, the Participant’s Distributable Benefit shall be paid to him after withholding applicable income taxes.” 
  
 3. Effective as of March 28, 2005, Section 8.14(a)(ii) of the Plan
shall be deleted in its entirety and replaced with the following: 
  
 “(ii) If a Participant’s employment terminates for any reason other than death and the Committee does not receive the Participant’s properly completed application for the payment or transfer of the
Participant’s Distributable Benefit, and such other forms as may be required by the Committee to process the payment or transfer, and the vested value of such Participant’s Accounts at the applicable Valuation Date does not exceed $1,000,
including that portion of the Participant’s Distributable Benefit that is attributable to the Participant’s Transfer/Rollover Account, or, prior to March 28, 2005, such value does not exceed $5,000 excluding that portion of the
Participant’s Distributable Benefit that is attributable to the Participant’s Transfer/Rollover Account, then, in either of such events, the applicable Valuation Date shall be the Valuation Date coinciding with or next following the
expiration of a reasonable period of time after the Participant is furnished with such application and forms, including any tax notice required under Code Section 402(f).” 
  
 4. Effective as of March 28, 2005, Section 8.19 of the Plan shall be deleted in its entirety and replaced with the
following: 
  

	 	“8.19	Provision for Small Benefits. 

  
 Notwithstanding anything in this Article to the contrary, a Participant who terminates employment with the Company and all Affiliated
Companies shall receive a distribution of his Distributable Benefit in a single lump sum payment no later than sixty (60) days after the close of the Plan Year in which the Participant’s termination of employment occurs to the extent
administratively feasible, provided that the value of such Distributable Benefit (including that portion of the Participant’s Distributable Benefit that is attributable to the Participant’s Transfer/Rollover Account) is equal to or less
than $1,000, or for distributions made before March 28, 2005, the value of such Distributable Benefit (excluding that portion of the Participant’s Distributable Benefit that is attributable to the Participant’s Transfer/Rollover
Account) is equal to or less than $5,000, determined as of the Valuation Date coincident with or immediately preceding his termination of employment. Such distribution shall be made directly to the Participant after withholding applicable income
taxes unless the Participant elects a direct rollover to an “eligible retirement plan” as provided in Section 8.8.” 
  
 5. Except as expressly or by necessary implication amended hereby, the Plan shall continue in full force and effect. 
  
 IN WITNESS WHEREOF, Mattel has caused this instrument to be executed by its
duly authorized officer this 22 day of December, 2005. 
  

			
	MATTEL, INC.
		
	By:	 	/S/ MICHELLE CHARMELLO
	Name:	 	Michelle Charmello
	Title:	 	VP, Comp & Benefits

  

 2Form of Notification of Participation - (Named Executive Officers)

 Exhibit 10.1 
 (Form for Named Executive Officers) 
 CYBEX INTERNATIONAL, INC. 
 NOTIFICATION OF PARTICIPATION 
 2006
MANAGEMENT INCENTIVE COMPENSATION BONUS PROGRAM 
 This confirms that
                                        
     (“you”) have been designated a participant in the 2006 management incentive compensation bonus program (the “Program”) of Cybex International, Inc. (“Cybex”) adopted by the Cybex Compensation
Committee and the Board of Directors pursuant to Section 9 of the 2005 Omnibus Incentive Compensation Plan. 
 Pursuant to the Program,
you will be eligible for a bonus equal to the indicated percentage of your base salary, in the event that the 2006 operating income of Cybex (after taking into account all bonuses payable under the Program) equals or exceeds the indicated criteria
as set by the Cybex Compensation Committee: 
  

			
	 Percentage of Base Salary
	  	 Threshold level

	15%	  	Target
	30%	  	Goal
	60%	  	Super Goal

 The Program is subject to such rules, policies and procedures as may be from time to time adopted
by the Board of Directors or the Compensation Committee acting on behalf of the Board of Directors, including the requirements that at the time that the bonus becomes payable (a) you are employed in good standing with Cybex and (b) you are
in compliance with the Cybex Stock Ownership Requirements Policy. 
 The bonus will be payable, if at all, within thirty days after receipt
by Cybex of its audited financial statements for 2006. As a Named Executive Officer, any bonus to you will be payable one-half in cash and one-half in restricted stock. 
 Eligibility to participate in the Program does not restrict Cybex from discharging you from employment or increasing or decreasing your compensation, nor does it restrict you from resigning your employment. Your
participation in this program supersedes, replaces in full, and is in lieu of, any understanding, commitment or agreement (whether written, oral, express or implied) with respect to incentive compensation related to 2006 performance which might
otherwise be or become payable to you, other than stock options which have been or may be granted to you. All calculations, determinations and interpretations under this Program shall be made solely by the Board of Directors or the Compensation
Committee acting on behalf of the Board of Directors. 
 Dated: February     , 2006 

 

			
	CYBEX INTERNATIONAL, INC.
		
	By:Form of Notification of Participation - (Non-Named Executive Officers)

 Exhibit 10.2 
 (Form for Non-NEOs) 
 CYBEX INTERNATIONAL, INC. 
 NOTIFICATION OF PARTICIPATION 
 2006
MANAGEMENT INCENTIVE COMPENSATION BONUS PROGRAM 
 This confirms that ____________________ (“you”) have been designated a
participant in the 2006 management incentive compensation bonus program (the “Program”) of Cybex International, Inc. (“Cybex”) adopted by the Cybex Compensation Committee and the Board of Directors pursuant to Section 9 of
the 2005 Omnibus Incentive Compensation Plan. 
 Pursuant to the Program, you will be eligible for a bonus equal to the indicated percentage
of your base salary, in the event that the 2006 operating income of Cybex (after taking into account all bonuses payable under the Program) equals or exceeds the indicated criteria as set by the Cybex Compensation Committee: 
  

			
	 Percentage of Base Salary
	  	 Threshold level

	 10%
	  	Target
	 20%
	  	Goal
	 40%
	  	Super Goal

 The Program is subject to such rules, policies and procedures as may be from time to time adopted
by the Board of Directors or the Compensation Committee acting on behalf of the Board of Directors, including the requirement that you be employed in good standing with Cybex at the time that the bonus becomes payable. 
 The bonus will be payable, if at all, in cash within thirty days after receipt by Cybex of its audited financial statements for 2006. 
 Eligibility to participate in the Program does not restrict Cybex from discharging you from employment or increasing or decreasing your compensation, nor
does it restrict you from resigning your employment. Your participation in this program supersedes, replaces in full, and is in lieu of, any understanding, commitment or agreement (whether written, oral, express or implied) with respect to incentive
compensation related to 2006 performance which might otherwise be or become payable to you, other than stock options which have been or may be granted to you. All calculations, determinations and interpretations under this Program shall be made
solely by the Board of Directors or the Compensation Committee acting on behalf of the Board of Directors. 
  

									
	Dated: February     , 2006	 		 	 CYBEX INTERNATIONAL, INC.

				
		 		 	 By:

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