Document:

Exhibit 4.5

 

AMENDMENT TO THE 2009
 AMENDED AND RESTATED
  3M SAVINGS PLAN

 

WHEREAS, the Company maintains the 3M Savings Plan (the “Plan”), which has been amended from time to time, including the most recent amendment and restatement thereof which was approved on December 18, 2009; and

 

WHEREAS, 3M desires to amend the Plan to reflect the provisions affected by the latest collective bargaining agreement entered into with the union representing the eligible employees at the Company’s facility in Guin, Alabama;

 

NOW, THEREFORE, pursuant to the authority contained in Section 11.1 of the Plan, Schedule C of the plan document shall be and it hereby is amended as follows, effective January 1, 2011:

 

[remainder of this page intentionally left blank]

 

 

 

SCHEDULE C

 

PARTICIPATING EMPLOYER SCHEDULES

 

	
Location/Union Name
     	
Local
     	
Union    Code
     	
Contract    Dates
     	
Savings    Plan Effective Date
     	
Required    Matching Percentage
     	
Company    Match Effective Date
     	
Required    Retirement Income Percentage
     	
Profit    Sharing* Formula I effective date and specifics
     	
Profit    Sharing* Formula II effective date and specifics
     
	
 
     	
 
     	
 
     	
Effective
     	
End
     	
 
     	
 
     	
 
     	
 
     	
 
     	
 
     
	
CORONA (OP ENG   AFL-CIO)
    	
 
    	
U02
    	
2/16/2008
    	
2/2/2013
    	
Jun-89
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Hired before 1/1/2009
    	
 
    	
 
    	
 
    	
 
    	
 
    	
35%
    	
Apr-03
    	
n/a
    	
Effective with 2nd Q1998 profits
    	
n/a
    
	
Hired/rehired 1/1/2009 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
50%
    	
Jan-09
    	
n/a
    	
None
    	
n/a
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
COTTAGE GROVE
    	
 
    	
U03
    	
10/30/06
    	
08/19/13
    	
Oct-88
    	
35%
    	
Jan-98
    	
n/a
    	
n/a
    	
Effective with 1st Q 2007 max 10 cents
    
	
USW AFL-CIO
    	
11-00418
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
n/a
    	
n/a
    	
Effective with 1st Q 2011 max 15 cents
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
ST. PAUL/COTTAGE GROVE
    	
70
    	
U04
    	
09/01/08
    	
09/02/13
    	
Nov-88
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Int'l Union of Operating Engineers 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Hired before 1/1/2009
    	
 
    	
 
    	
 
    	
 
    	
 
    	
40%
    	
Jan-09
    	
n/a
    	
None effective 1/1/2009
    	
n/a
    
	
Hired/rehired 1/1/2009 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-09
    	
2% effective 1/1/09
    	
n/a
    	
n/a
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
FAIRMONT    (PACE)
    	
7-505
    	
U05
    	
10/31/09
    	
10/31/12
    	
Sep-89
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Hired/rehired before 1/1/2010
    	
 
    	
 
    	
 
    	
 
    	
 
    	
40%
    	
Jan-10
    	
n/a
    	
None effective 1/1/2010
    	
n/a
    
	
Hired/rehired 1/1/2010 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-10
    	
2% effective 1/1/10
    	
n/a
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
GUIN (PACE) 
    	
3-675 
    	
U06
    	
10/26/10
    	
10/21/13
    	
Jan-90
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Hired/rehired before 1/1/2011
    	
 
    	
 
    	
 
    	
 
    	
 
    	
40%
    	
Jan-11
    	
n/a
    	
n/a
    	
None effective   1/1/2011
    
	
Hired/rehired 1/1/2011 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 60%
    	
 Jan-11
    	
 2% effective 1/1/11
    	
n/a
    	
n/a
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
HARTFORD CITY
    	
6-0186
    	
U07
    	
07/31/06
    	
04/01/13
    	
Apr-90
    	
35%
    	
May-01
    	
n/a
    	
n/a
    	
Effective for profits earned in 1st Q2007
    
	
USW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
ST. PAUL
    	
7-75
    	
U09
    	
01/15/07
    	
08/19/13
    	
Oct-88
    	
35%
    	
Jan-98
    	
n/a
    	
n/a
    	
Effective 2nd Q2007 with 12 cent max until 1st Q2011 max   increases to 15 cents
    
	
USW  AFL-CIO
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

 

	
Location/Union Name
     	
Local
     	
Union    Code
     	
Contract    Dates
     	
Savings    Plan Effective Date
     	
Required    Matching Percentage
     	
Company    Match Effective Date
     	
Required    Retirement Income Percentage
     	
Profit    Sharing* Formula I effective date and specifics
     	
Profit    Sharing* Formula II effective date and specifics
     
	
 
     	
 
     	
 
     	
Effective
     	
End
     	
 
     	
 
     	
 
     	
 
     	
 
     	
 
     
	
TONAWANDA
    	
13833
    	
U10
    	
12/13/05
    	
12/31/10
    	
Feb-91
    	
35%
    	
Jan-01
    	
n/a
    	
n/a
    	
Effective for profits earned in 1st Q2006
    
	
USW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
WAUSAU
    	
2-0666
    	
U11
    	
10/1/2006
    	
10/1/2012
    	
Nov-89
    	
35%
    	
Nov-98
    	
n/a
    	
n/a
    	
Effective for profits earned in 1st Q2007
    
	
USW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
WAUSAU (Teamsters)
    	
662
    	
U12
    	
9/23/2008
    	
9/26/2013
    	
Dec-89
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Hired/rehired before 1/1/2009
    	
 
    	
 
    	
 
    	
 
    	
 
    	
40%
    	
Jan-09
    	
n/a
    	
Effective November 1, 1995
    	
n/a
    
	
Hired/rehired 1/1/2009 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-09
    	
2% effective 1/1/2009
    	
No Profit Sharing
    	
n/a
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
3M Purification, Inc. (formerly CUNO   Inc.)
    	
1-753
    	
U13
    	
11/1/2006
    	
10/31/2011
    	
Jan-06
    	
50%
    	
Jan-07
    	
n/a
    	
No Profit Sharing
    	
n/a
    
	
PACE International
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
ELYRIA
    	
1406T
    	
U14
    	
1/1/2008
    	
11/26/2010
    	
Jan-08
    	
50%
    	
Jan-10
    	
n/a
    	
Effective for profits earned in 1st Q2008
    	
n/a
    
	
Unite Here
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
TILTON
    	
4-00574
    	
U15
    	
7/1/2007
    	
7/1/2012
    	
May-07
    	
50%
    	
Jul-07
    	
n/a
    	
Effective with profits earned in 2nd Q2007
    	
n/a
    
	
USW AFL-CIO
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
3M ATLANTA
    	
2490
    	
U16
    	
1/14/2008
    	
1/14/2011
    	
Nov-07
    	
50%
    	
Feb-08
    	
n/a
    	
n/a
    	
Effective with profits earned Feb. 1, 2008 Max allocation   is 12 cents
    
	
Unite Here
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
3M PLYMOUTH (IEU/CWA.AFL-CIO)
    	
809
    	
U17
    	
11/17/2008
    	
6/27/2011
    	
Jan-09
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Employees with benefits effective 1/1/2009
    	
 
    	
 
    	
 
    	
 
    	
 
    	
100%
    	
Jan-09
    	
3% effective 1/1/2009
    	
No Profit Sharing
    	
n/a
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
3M PLYMOUTH (IEU/CWA.   AFL-CIO)
    	
809
    	
U19
    	
11/17/2008
    	
6/27/2011
    	
Jan-09
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Employees hired/rehired after 1/1/2009
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-09
    	
2% effective 1/2/2009
    	
No Profit Sharing
    	
n/a
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
QUEST TECHNOLOGIES, Inc
    	
District #10
    	
U18
    	
7/1/2008
    	
7/1/2011
    	
Jul-08
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Int'l Assoc. of Machinists and Aerospace Workers AFL-CIO
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Employees hired/rehired before 1/1/2009
    	
 
    	
 
    	
 
    	
 
    	
 
    	
50%
    	
Jan-09
    	
n/a
    	
No Profit Sharing
    	
n/a
    
	
Employee hired/rehired 1/1/2009 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-09
    	
2% effective 1/1/2009
    	
No Profit Sharing
    	
n/a
    

 

 

	
Location/Union Name
     	
Local
     	
Union    Code
     	
Contract    Dates
     	
Savings    Plan Effective Date
     	
Required    Matching Percentage
     	
Company    Match Effective Date
     	
Required    Retirement Income Percentage
     	
Profit    Sharing* Formula I effective date and specifics
     	
Profit    Sharing* Formula II effective date and specifics
     
	
 
     	
 
     	
 
     	
Effective
     	
End
     	
 
     	
 
     	
 
     	
 
     	
 
     	
 
     
	
MARIEMONT (USW)
    	
 
    	
U20
    	
2/26/2009
    	
12/31/2011
    	
12/16/2008
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Employees hired/rehired before 1/2009 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
50%
    	
Jan-09
    	
n/a
    	
No Profit Sharing
    	
n/a
    
	
Employees hired/rehired 1/1/2009 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-09
    	
2% effective 1/1/2009
    	
No Profit Sharing
    	
n/a
    

 

NOTE* The amount of Profit Sharing, if any is determined by comparing 3M’s worldwide net income excluding nonrecurring special items during the most recent quarter to the same quarter of the previous year.

The amount of the contribution depends on the increase in net income.  Each collective bargaining unit may negotiate a specific maximum profit sharing contribution as noted.

 

	
Profit   Sharing* Formula I (0.5 cent for each 1% increase in the first 10% increase   in profits and 1 cent for profit increase between 10% and 15% for a   contribution maximum of 10 cents) 
    	
 
    
	
Profit   Sharing* Formula II (0.6 cent for each 1% increase in the first 10% increase   in profits and 1.2 cents for profit increase between 10% and 15% for a   contribution maximum of 15 cents) 
    	
 
    

 

[signature page follows]

 

 

 

IN WITNESS WHEREOF, the undersigned, an authorized officer of the Company, has approved this amendment by signing this document on the date indicated below.

 

	
 
    	
3M COMPANY
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Angela S. Lalor
    	
 
    
	
 
    	
 
    	
Angela   S. Lalor
    
	
 
    	
 
    	
Senior   Vice President,
    
	
 
    	
 
    	
Human Resources
    
	
 
    	
 
    	
 
    
	
 
    	
Date:
    	
January 25, 2011Exhibit 4.6

 

AMENDMENT TO THE 2009

AMENDED AND RESTATED

3M SAVINGS PLAN

 

WHEREAS, the Company maintains the 3M Savings Plan (the “Plan”), which has been amended from time to time, including the most recent amendment and restatement thereof which was approved on December 18, 2009; and

 

WHEREAS, 3M desires to amend the Plan to reflect the provisions affected by the latest collective bargaining agreement entered into with the union representing the eligible employees at the Company’s facility in Tonawanda, New York;

 

NOW, THEREFORE, pursuant to the authority contained in Section 11.1 of the Plan, Schedule C of the plan document shall be and it hereby is amended as follows, effective January 1, 2011:

 

[remainder of this page intentionally left blank]

 

 

 

SCHEDULE C

 

PARTICIPATING EMPLOYER SCHEDULES

 

	
Location/Union Name
     	
Local
     	
Union    Code
     	
Contract    Dates
     	
Savings    Plan Effective Date
     	
Required    Matching Percentage
     	
Company    Match Effective Date
     	
Required    Retirement Income Percentage
     	
Profit    Sharing* Formula I effective date and specifics
     	
Profit    Sharing* Formula II effective date and specifics
     
	
 
     	
 
     	
 
     	
Effective
     	
End
     	
 
     	
 
     	
 
     	
 
     	
 
     	
 
     
	
CORONA (OP ENG   AFL-CIO)
    	
 
    	
U02
    	
2/16/2008
    	
2/2/2013
    	
Jun-89
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Hired before 1/1/2009
    	
 
    	
 
    	
 
    	
 
    	
 
    	
35%
    	
Apr-03
    	
n/a
    	
Effective with 2nd Q1998 profits
    	
n/a
    
	
Hired/rehired 1/1/2009 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
50%
    	
Jan-09
    	
n/a
    	
None
    	
n/a
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
COTTAGE GROVE
    	
 
    	
U03
    	
10/30/06
    	
08/19/13
    	
Oct-88
    	
35%
    	
Jan-98
    	
n/a
    	
n/a
    	
Effective with 1st Q 2007 max 10 cents
    
	
USW AFL-CIO
    	
11-00418
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
n/a
    	
n/a
    	
Effective with 1st Q 2011 max 15 cents
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
ST. PAUL/COTTAGE GROVE
    	
70
    	
U04
    	
09/01/08
    	
09/02/13
    	
Nov-88
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Int'l Union of Operating Engineers 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Hired before 1/1/2009
    	
 
    	
 
    	
 
    	
 
    	
 
    	
40%
    	
Jan-09
    	
n/a
    	
None effective 1/1/2009
    	
n/a
    
	
Hired/rehired 1/1/2009 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-09
    	
2% effective 1/1/09
    	
n/a
    	
n/a
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
FAIRMONT    (PACE)
    	
7-505
    	
U05
    	
10/31/09
    	
10/31/12
    	
Sep-89
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Hired/rehired before 1/1/2010
    	
 
    	
 
    	
 
    	
 
    	
 
    	
40%
    	
Jan-10
    	
n/a
    	
None effective 1/1/2010
    	
n/a
    
	
Hired/rehired 1/1/2010 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-10
    	
2% effective 1/1/10
    	
n/a
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
GUIN (PACE) 
    	
3-675 
    	
U06
    	
10/26/10
    	
10/21/13
    	
Jan-90
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Hired/rehired before 1/1/2011
    	
 
    	
 
    	
 
    	
 
    	
 
    	
40%
    	
Jan-11
    	
n/a
    	
n/a
    	
None effective   1/1/2011
    
	
Hired/rehired 1/1/2011 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 60%
    	
 Jan-11
    	
 2% effective 1/1/11
    	
n/a
    	
n/a
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
HARTFORD CITY
    	
6-0186
    	
U07
    	
07/31/06
    	
04/01/13
    	
Apr-90
    	
35%
    	
May-01
    	
n/a
    	
n/a
    	
Effective for profits earned in 1st Q2007
    
	
USW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
ST. PAUL
    	
7-75
    	
U09
    	
01/15/07
    	
08/19/13
    	
Oct-88
    	
35%
    	
Jan-98
    	
n/a
    	
n/a
    	
Effective 2nd Q2007 with 12 cent max until 1st Q2011 max   increases to 15 cents
    
	
USW  AFL-CIO
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

 

	
Location/Union Name
     	
Local
     	
Union    Code
     	
Contract    Dates
     	
Savings    Plan Effective Date
     	
Required    Matching Percentage
     	
Company    Match Effective Date
     	
Required    Retirement Income Percentage
     	
Profit    Sharing* Formula I effective date and specifics
     	
Profit    Sharing* Formula II effective date and specifics
     
	
 
     	
 
     	
 
     	
Effective
     	
End
     	
 
     	
 
     	
 
     	
 
     	
 
     	
 
     
	
TONAWANDA
    	
13833
    	
U10
    	
12/7/10
    	
12/7/13
    	
Feb-91
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
USW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Hired/rehired before 1/1/2011
    	
 
    	
 
    	
 
    	
 
    	
 
    	
40%
    	
Jan-11
    	
n/a
    	
None effective 1/1/2011
    	
n/a
    
	
Hired/rehired 1/1/2011 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-11
    	
2% effective 1/1/11
    	
n/a
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
WAUSAU
    	
2-0666
    	
U11
    	
10/1/2006
    	
10/1/2012
    	
Nov-89
    	
35%
    	
Nov-98
    	
n/a
    	
n/a
    	
Effective for profits earned in 1st Q2007
    
	
USW
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
WAUSAU (Teamsters)
    	
662
    	
U12
    	
9/23/2008
    	
9/26/2013
    	
Dec-89
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Hired/rehired before 1/1/2009
    	
 
    	
 
    	
 
    	
 
    	
 
    	
40%
    	
Jan-09
    	
n/a
    	
Effective November 1, 1995
    	
n/a
    
	
Hired/rehired 1/1/2009 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-09
    	
2% effective 1/1/2009
    	
No Profit Sharing
    	
n/a
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
3M Purification, Inc. (formerly CUNO   Inc.)
    	
1-753
    	
U13
    	
11/1/2006
    	
10/31/2011
    	
Jan-06
    	
50%
    	
Jan-07
    	
n/a
    	
No Profit Sharing
    	
n/a
    
	
PACE International
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
ELYRIA
    	
1406T
    	
U14
    	
1/1/2008
    	
11/26/2010
    	
Jan-08
    	
50%
    	
Jan-10
    	
n/a
    	
Effective for profits earned in 1st Q2008
    	
n/a
    
	
Unite Here
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
TILTON
    	
4-00574
    	
U15
    	
7/1/2007
    	
7/1/2012
    	
May-07
    	
50%
    	
Jul-07
    	
n/a
    	
Effective with profits earned in 2nd Q2007
    	
n/a
    
	
USW AFL-CIO
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
3M ATLANTA
    	
2490
    	
U16
    	
1/14/2008
    	
1/14/2011
    	
Nov-07
    	
50%
    	
Feb-08
    	
n/a
    	
n/a
    	
Effective with profits earned Feb. 1, 2008 Max allocation   is 12 cents
    
	
Unite Here
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
3M PLYMOUTH (IEU/CWA.AFL-CIO)
    	
809
    	
U17
    	
11/17/2008
    	
6/27/2011
    	
Jan-09
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Employees with benefits effective 1/1/2009
    	
 
    	
 
    	
 
    	
 
    	
 
    	
100%
    	
Jan-09
    	
3% effective 1/1/2009
    	
No Profit Sharing
    	
n/a
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
3M PLYMOUTH (IEU/CWA.   AFL-CIO)
    	
809
    	
U19
    	
11/17/2008
    	
6/27/2011
    	
Jan-09
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Employees hired/rehired after 1/1/2009
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-09
    	
2% effective 1/2/2009
    	
No Profit Sharing
    	
n/a
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
QUEST TECHNOLOGIES, Inc
    	
District #10
    	
U18
    	
7/1/2008
    	
7/1/2011
    	
Jul-08
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Int'l Assoc. of Machinists and Aerospace Workers AFL-CIO
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Employees hired/rehired before 1/1/2009
    	
 
    	
 
    	
 
    	
 
    	
 
    	
50%
    	
Jan-09
    	
n/a
    	
No Profit Sharing
    	
n/a
    
	
Employee hired/rehired 1/1/2009 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-09
    	
2% effective 1/1/2009
    	
No Profit Sharing
    	
n/a
    

 

 

	
Location/Union Name
     	
Local
     	
Union    Code
     	
Contract    Dates
     	
Savings    Plan Effective Date
     	
Required    Matching Percentage
     	
Company    Match Effective Date
     	
Required    Retirement Income Percentage
     	
Profit    Sharing* Formula I effective date and specifics
     	
Profit    Sharing* Formula II effective date and specifics
     
	
 
     	
 
     	
 
     	
Effective
     	
End
     	
 
     	
 
     	
 
     	
 
     	
 
     	
 
     
	
MARIEMONT (USW)
    	
 
    	
U20
    	
2/26/2009
    	
12/31/2011
    	
12/16/2008
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Employees hired/rehired before 1/2009 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
50%
    	
Jan-09
    	
n/a
    	
No Profit Sharing
    	
n/a
    
	
Employees hired/rehired 1/1/2009 or later
    	
 
    	
 
    	
 
    	
 
    	
 
    	
60%
    	
Jan-09
    	
2% effective 1/1/2009
    	
No Profit Sharing
    	
n/a
    

 

 

NOTE* The amount of Profit Sharing, if any is determined by comparing 3M’s worldwide net income excluding nonrecurring special items during the most recent quarter to the same quarter of the previous year.

The amount of the contribution depends on the increase in net income.  Each collective bargaining unit may negotiate a specific maximum profit sharing contribution as noted.

 

	
Profit   Sharing* Formula I (0.5 cent for each 1% increase in the first 10% increase   in profits and 1 cent for profit increase between 10% and 15% for a   contribution maximum of 10 cents) 
    	
 
    
	
Profit   Sharing* Formula II (0.6 cent for each 1% increase in the first 10% increase   in profits and 1.2 cents for profit increase between 10% and 15% for a   contribution maximum of 15 cents) 
    	
 
    

 

[signature page follows]

 

IN WITNESS WHEREOF, the undersigned, an authorized officer of the Company, has approved this amendment by signing this document on the date indicated below.

	
 
    	
3M COMPANY
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Angela S. Lalor
    	
 
    
	
 
    	
 
    	
Angela S. Lalor
    
	
 
    	
 
    	
Senior Vice President,
    
	
 
    	
 
    	
Human   Resources
    
	
 
    	
 
    	
 
    
	
 
    	
Date:
    	
January 25,   2011

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00190-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00190-of-00352.parquet"}]]