Document:

Exhibit 10.11

[THE MILLER GROUP LOGO]                                         THE MILLER GROUP
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                                                   Miller Management Corporation
                                                   Miller Capital Markets, LLC
                                                   Miller Capital Corporation
                                                   Miller Investments, Inc.

                              CONSULTING AGREEMENT

This Agreement is effective on February 14, 2010 (the "Effective  Date") between
Global  Entertainment   Corporation  (collectively  with  its  subsidiaries  and
affiliates,  the "Company") and Miller Capital Corporation ("MCC"),  pursuant to
which MCC will furnish to the Company certain services as set forth herein.

1. MCC SERVICES.

MCC will  perform  the  following  services  for the  Company  pursuant  to this
Agreement:

     A.   Financial   consultation   with  respect  to  the  Company's   funding
          requirements and projected associated costs; and

     B.   Advice and  consultation  with  respect  to  financial  structure  and
          markets,   including   (without   limitation)   advising  the  Company
          regarding, and assisting with the arrangement and structure of private
          and public placements of equity and debt financings; and

     C.   Advice and consultation with respect to potential merger, acquisition,
          joint venture, divestiture and other transactions; and

     D.   Investor relations services; and

     E.   Preparation  of  various  reports   including  such  reports  as;  due
          diligence  review,  business  operations and financial plan,  business
          strategy and analysis,  financial markets review,  business  valuation
          analysis,  fairness opinion, board and executive compensation plan and
          analysis  and  other  reports  undertaken  during  the  term  of  this
          Agreement  that are  mutually  agreed to with  respect to content  and
          scope  (each  such  report   referred  to  hereinafter  as  a  "Report
          Assignment").

It is expressly  acknowledged  and agreed by the parties  hereto that MCC is not
registered with the Securities and Exchange  Commission (SEC) as a broker/dealer
or a member of the  Financial  Industry  Regulatory  Authority  (FINRA).  Miller
Capital Markets, LLC, an affiliate of MCC, is a registered  broker/dealer and it
is expressly  contemplated  that any and all services of the type required under
applicable  laws and  regulations  to be provided by a registered  broker/dealer
would be provided to the Company by Miller  Capital  Markets,  LLC pursuant to a
separate engagement agreement negotiated and entered into by such parties.

It is  expressly  acknowledged  and agreed by the  parties  hereto  that MCC and
employees  and  affiliates  of MCC  are  independent  contractors  and  are  not
employees or officers of the Company. MCC shall act in the best interests of the
Company and its shareholders.

2. CERTAIN RESPONSIBILITIES, REPRESENTATIONS AND WARRANTIES OF THE COMPANY.

In  connection  with MCC's  engagement,  the Company  will  furnish MCC with all
information concerning the Company that MCC reasonably requests and will provide
MCC with reasonable access to the Company's officers,  directors and controlling

    4900 North Scottsdale Road, Suite 3800 * Scottsdale, Arizona 85251-7663 *
                      602.225.0505 * www.themillergroup.net
      Investment banking services provided by Miller Capital Markets, LLC,
                              a FINRA member firm.
<PAGE>
Global Entertainment Corporation
January 19, 2010
Page 2

shareholders. Upon prior written approval by the Company, MCC may have access to
the  Company's  legal and  accounting  professionals  and,  with  prior  written
approval from the Company,  signed by the CEO, CFO,  General Counsel or Board of
Directors,   may  utilize  its  own  outside   legal   counsel  and   accounting
professionals at the Company's  expense.  The Company represents and warrants to
MCC  that:  (a) all such  information  is and will be true and  accurate  in all
material  respects  and does not and will not contain any untrue  statement of a
material  fact or omit to state a material  fact  necessary in order to make the
statements made, in light of the  circumstances  under which they were made, not
misleading; and (b) any projected financial information or other forward-looking
information which the Company provides to MCC (including  without limitation any
information  compiled  by MCC  therefrom)  will be made by the  Company  in good
faith,  based on  management's  best estimates then available and based on facts
and  assumptions  which the  Company  believes  to be  reasonable.  The  Company
recognizes the necessity of promptly notifying MCC of all material  developments
concerning  the Company,  its business and  prospects and to supply MCC with all
such  information  as may be  necessary  for MCC to comply with its own internal
procedures  as  well  as any  legal  or  regulatory  requirements.  The  Company
acknowledges  and agrees that MCC will be using and relying upon all information
supplied  by the  Company  and its  officers,  agents  and  others and any other
publicly  available  information  concerning the Company without any independent
investigation  or  verification  thereof or independent  appraisal by MCC of the
Company or its business or assets.

3. CONFIDENTIALITY.

Information  provided by the Company to MCC in  connection  with this  Agreement
will be kept  confidential  and  will  only be used by MCC for  purposes  of its
engagement  hereunder,  except for information  that (i) was in MCC's possession
prior to its disclosure by the Company, (ii) is publicly disclosed other than by
MCC in violation of this Agreement, (iii) is obtained by MCC from a person other
than the Company who, to the  knowledge  of MCC, is not under a  confidentiality
obligation to the Company,  (iv) the Company agrees may be disclosed,  or (v) is
required to be disclosed  under  compulsion  of law  (whether by  interrogatory,
subpoena, civil investigative demand or otherwise), by order or act of any court
or governmental or regulatory authority or body or by MCC's independent auditors
or accountants.  MCC may also disclose such  information to those of its own and
its  affiliates'  respective  officers,   directors,   employees,  auditors  and
professional  advisors  who  need to  know  such  information  for  purposes  of
performing the services described in this Agreement.

4. COMPENSATION AND FEES.

For services  rendered  under this  Agreement,  MCC shall  receive the following
compensation and fees:

     A.   As compensation for the services set forth in section 1.A. through 1.D
          above,  the Company shall pay MCC a monthly service fee of $9,000 each
          month for twelve (12) months  throughout  the term of this  Agreement,
          the  first  monthly  payment  of which is due on  March  14,  2010 and
          continuing on the same day each month thereafter.

     B.   The Company will pay MCC a fee with respect to substantive  updates of
          any  previously  issued  Report,  as well as other Report  Assignments
          undertaken thereafter pursuant to Section 1.E. of this Agreement.  The
          Company and MCC will negotiate in good faith appropriate  compensation
          for MCC, which will take into account,  among other things, the custom
          and  practice  among   consultants  and  advisors   providing  similar
          services.  Payment for each Report Assignment shall be due and payable
          on the date such report is presented to the Company.

     C.   With  respect  to any other  payments  for  services  provided  to the
          Company by MCC not otherwise  covered under A and B above, the Company
          and MCC will negotiate in good faith appropriate compensation for MCC,
          which  will take into  account,  among  other  things,  the custom and
          practice among consultants and advisors providing similar services.

     D.   Out-of-pocket expenses incurred by MCC in connection with the services
          performed  hereunder will be payable by the Company upon submission by
          MCC of monthly invoices  delineating  such expense,  provided that any
<PAGE>
Global Entertainment Corporation
January 19, 2010
Page 3

          expense  over  $1,000  must be  approved  in writing by the Company in
          advance.   Reimbursable   travel  expenses   hereunder  shall  include
          first-class air travel for the Chairman,  CEO and President of MCC and
          coach air travel for all other MCC travel. All amounts billed shall be
          paid within fifteen (15) days following the date invoiced by MCC.

     E.   All amounts payable under this Agreement are  nonrefundable,  shall be
          paid when due and shall be paid in immediately available funds in U.S.
          dollars,  without  setoff and without  deduction for any  withholding,
          value-added or other similar taxes, charges or fees.

5. RESTRICTED STOCK.

Effective  on February  14,  2010,  MCC will  receive a  restricted  stock grant
consisting of 2,000 shares of the Company's common stock, fifty percent (50%) of
which will vest on the first anniversary of the date of grant, and the remaining
fifty percent (50%) of which will vest on the second  anniversary of the date of
the grant, and shall contain such other terms and conditions (including, without
limitation,  registration  rights and accelerated  vesting  provisions) as shall
generally  be  applicable  to  restricted  stock  grants  made to members of the
Company's  Board of  Directors  pursuant to the  Company's  equity  compensation
plans.

6. COMPANY COVENANT RE MCC EMPLOYEES.

The Company  recognizes that client service  officers and other employees of MCC
are  necessary  for  the  continued  servicing  by MCC of its  several  clients.
Accordingly,  the Company will not, during the term of this Agreement, and for a
period twelve (12) month period after its termination, employ any client service
officer, account executive or other employee of MCC in any capacity.

7. ASSIGNMENT.

Except as stated  below,  the  benefits  of this  Agreement  shall  inure to the
respective  successors  and permitted  assigns of the parties  hereto and of the
indemnified  parties under such  indemnification  agreement and their respective
successors,  permitted  assigns and  representatives,  and the  obligations  and
liabilities  assumed in this  Agreement  by the parties  hereto shall be binding
upon their respective successors and assigns. This Agreement may not be assigned
without the prior written consent of the non-assigning party.

Notwithstanding anything to the contrary in this Agreement, this Agreement shall
terminate in the event any person or entity (a  "Successor  Party")  acquires or
otherwise  succeeds to substantially  all of the assets of the Company through a
Transaction,  and any  Successor  Party  shall  have no  obligations  under this
Agreement.  In the event of  termination  of this  Agreement,  pursuant  to this
Section 7, any earned and unpaid  obligations  to MCC by the Company,  as of the
date of closing for  transfer  of  ownership,  will be assumed by the  Successor
Party and be paid to MCC within thirty (30) days.

8. INTEGRATION.

This writing  constitutes  the full and  complete  agreement of the parties with
respect to the subject matter hereof and supersedes  all prior  agreements  with
respect  thereto.  This  Agreement  may not be modified by any method other than
another writing signed by the parties.

9. HEADINGS.

The  paragraph  headings  have been  inserted for  convenience  and shall not be
construed in a manner contrary to the text of this Agreement.
<PAGE>
Global Entertainment Corporation
January 19, 2010
Page 4

10. ATTORNEY FEES.

In the event of any action or  proceeding  to  enforce  the  provisions  of this
Agreement,  the prevailing  party shall be entitled to its  reasonable  attorney
fees, such fees to be set by a judge and not by a jury and to be included in any
judgment entered in such action or proceeding.

11. INDEMNIFICATION.

Because  MCC will be acting for the benefit of the  Company in  connection  with
this engagement,  the Company agrees to indemnify MCC and certain other persons,
as set forth in the indemnification provisions attached hereto as Exhibit A, the
provisions of which are incorporated  herein in its entirety.  The provisions of
this section shall survive any termination of the engagement that is the subject
of this letter.

12. PUBLICITY.

The  Company  approves  the  use by MCC of the  Company's  name  and/or  logo in
publicity  that includes  tombstones  and  advertising  related  materials  used
exclusively by MCC. MCC agrees to obtain prior approval, which approval will not
be unreasonably withheld, for the use of the Company's name or logo in any other
circumstance.

13. EFFECTIVE DATE AND TERM.

This  Agreement  shall be effective on the Effective  Date and shall continue in
effect for a period of twelve (12) months  thereafter;  and  provided,  that the
expiration of this Agreement  shall not relieve the Company of any obligation to
MCC for amounts earned or accrued hereunder through the expiration date.

14. EXCLUSIVITY.

MCC will be the Company's exclusive financial advisor, and the Company covenants
and  agrees  that it will not  engage  any other  person or entity  (other  than
affiliates  of MCC) to provide  services  similar to those to be provided by MCC
hereunder  without  the prior  written  consent  of MCC.  Without  limiting  the
preceding  sentence,  in no event shall any  obligation  directly or  indirectly
incurred by or on behalf of the  Company or any other  person or entity for fees
or expenses payable to any other party (including, without limitation, any other
advisor or consultant)  reduce,  impair or otherwise  affect the fees payable to
MCC hereunder.

15. NOTICE.

All notices  and other  written  communications  required to be given under this
Agreement  shall be in  writing  and shall be deemed to have been duly  given if
delivered to the addressee in person or mailed by registered or certified  mail,
return receipt requested, to the following addresses:

        If to MCC:                Miller Capital Corporation
                                  4900 North Scottsdale Road, Suite 3800
                                  Scottsdale, Arizona 85251-7663
                                  Attention:  Rudy R. Miller

        If to the Company:        Global Entertainment Corporation
                                  1600 North Desert Drive, Suite 301
                                  Tempe, Arizona 85281-1230
                                  Attention:  Rick Kozuback
<PAGE>
Global Entertainment Corporation
January 19, 2010
Page 5

Either  party may change the address at which notice is to be given by notifying
the other party in writing.  Notices shall be deemed delivered upon delivery, if
personally delivered,  or, if mailed, three (3) days after deposit in the United
States mail.

16. APPLICABLE LAW.

The validity and  interpretation of this Agreement shall be governed by the laws
of the State of Arizona,  without giving effect to the State of Arizona's choice
of law  principles,  and all actions arising under this Agreement or arising out
of the  operative  facts  represented  by  services  performed  pursuant to this
Agreement shall be resolved in the courts of the State of Arizona.

AGREED AND ACCEPTED:

     Please  confirm  that  the  foregoing   correctly  sets  forth  our  mutual
understanding  by signing and returning the copy of this Agreement  provided for
that purpose.

Global Entertainment Corporation           Miller Capital Corporation
Rick Kozuback                              Rudy R. Miller

By: /s/ Rick Kozuback                      By: /s/ Rudy R. Miller
   ---------------------------------           ---------------------------------
Name:  Rick Kozuback                       Name:  Rudy R. Miller
Title: President and CEO                   Title: Chairman, President and CEO
<PAGE>
                                    EXHIBIT A

     In connection with the engagement, the Company agrees to indemnify and hold
harmless  MCC  and  its  affiliates,   their  respective  directors,   officers,
controlling  persons  , if any,  agents  and  employees  of MCC or any of  MCC's
affiliates   (collectively,   "Indemnified   Persons"   and   individually,   an
"Indemnified  Person")  from and against  any and all  actions,  claims,  suits,
proceedings,  liabilities,  losses,  damages  and  expenses  incurred,  joint or
several (collectively, "Claims"), by any Indemnified Person which are related to
or arise from MCC's  engagement by the Company,  including Claims that relate to
or arise from any actions taken or omitted to be taken  (including any untrue or
alleged  untrue  statements  made or any  statements  omitted  or  alleged to be
omitted) by the Company or which relate to or arise from  securities laws or any
other law or legal  theory,  and will  reimburse  MCC and any other  Indemnified
Person for all costs and  expenses,  as they are incurred,  in  connection  with
investigating,  preparing  for,  providing  depositions  for,  testifying  in or
defending any such action or claim, formal or informal,  investigation,  inquiry
or other  proceeding,  whether or not in  connection  with pending or threatened
litigation,  whether  or not MCC or any  Indemnified  Person is named as a party
thereto and whether or not any liability results therefrom related to or arising
from the foregoing  (collectively,  "Costs").  The Company will not, however, be
responsible  for (a) any  amount  paid  in  settlement  of  Claims  without  the
Company's  consent  unless such  consent is  unreasonably  withheld,  or (b) any
Claims which are found in a final judgment by a court of competent  jurisdiction
(not subject to further appeal) to have resulted  directly and primarily from an
Indemnified Person's gross negligence or willful misconduct.

     Promptly  after MCC receives  notice of the  commencement  of any action or
other proceeding in respect of which  indemnification  or  reimbursement  may be
sought  hereunder,  MCC will notify the Company thereof;  but the omission so to
notify the Company shall not relieve the Company from any  obligation  hereunder
unless,  and only to the extent that,  such  omission  results in the  Company's
forfeiture  of  substantive  rights  or  defenses.  If any such  action or other
proceeding shall be brought against any Indemnified  Person,  the Company shall,
upon written  notice given  reasonably  promptly  following  MCC's notice to the
Company of such action or proceeding,  be entitled to assume the defense thereof
at the  Company's  expense  with  counsel  chosen by the Company and  reasonably
satisfactory to such Indemnified Person; provided, however, that any Indemnified
Person may at its own expense  retain  separate  counsel to  participate in such
defense.  Notwithstanding the foregoing,  such Indemnified Person shall have the
right to employ separate counsel at the Company's expense and to control its own
defense of such action or proceeding  if, in the  reasonable  opinion of counsel
retained by the  Company,  (i) there are or may be legal  defenses  available to
such Indemnified Person or to other Indemnified  Persons that are different from
or  additional  to those  available  to the  Company,  or (ii) a  difference  of
position or potential difference of position exists between the Company and such
Indemnified Person;  which in either case would make it ethically  impermissible
for such counsel to represent all potential defendants;  provided, however, that
in no event shall the Company be  required to pay fees and  expenses  under this
indemnity for more than one firm of attorneys (in addition to local  counsel) in
any  jurisdiction  in any one legal  action or group of related  legal  actions,
regardless of the number of Indemnified Persons involved or potentially involved
in such action or group of related actions.

     The Company agrees that neither MCC nor any other Indemnified  Person shall
have any  liability  to the Company for or in  connection  with such  engagement
except  liability  for Claims which are found in a final  judgment by a court of
competent jurisdiction (not subject to further appeal) to have resulted directly
and  primarily  from  an  Indemnified   Person's  gross  negligence  or  willful
misconduct. The Company also agrees that the Company will not, without the prior
written  consent  of MCC,  settle or  compromise  or consent to the entry of any
judgment in any pending or threatened Claim in respect of which  indemnification
may be sought  hereunder  (whether  or not MCC or any  Indemnified  Person is an
actual or potential  party to such Claim).  No such  settlement,  compromise  or
consent  shall impose any material  obligation  on MCC or any other  Indemnified
Person  or  contain  any  admission  of  culpability  on the  part of MCC or any
Indemnified  Person.  Such  settlement,  compromise  or consent shall include an
unconditional  release  of MCC  and  each  other  Indemnified  Person  from  all
liability  arising out of such Claim,  and the Company  shall furnish MCC with a
copy of such settlement reasonably in advance of entering into such settlement.

     In order to provide for just and  equitable  contribution,  if a demand for
indemnification  or reimbursement  for Claims or Costs is made pursuant to these
provisions  but is not  available for any reason,  then the Company,  on the one
hand, and MCC, on the other hand,  shall  contribute to such Claims or Costs for
which  such  indemnification  or  reimbursement  is  held  unavailable  in  such
proportion as is appropriate to reflect the relative benefits to the Company, on
the one hand, and MCC on the other hand, in connection  with the  transaction or
<PAGE>
Page 2

transactions  from which the Claims or Costs in  question  arose.  The  relative
benefits  received  by the  Company,  on the one hand,  and by MCC, on the other
hand,  shall  be  deemed  to be in the  same  proportion  as the  value  (before
deducting  expenses) of the consideration  paid by or received by the Company or
its stockholders or comparable  equity owners, as the case may be, in connection
with the transaction or transactions  from which the Claims or Costs in question
arose bears to the total fees actually received by MCC in connection  therewith.
If the  allocation  provided  by the  foregoing  sentence  is not  permitted  by
applicable  law, then such  allocation  shall be based not only on such relative
benefits  determined as aforesaid but also on the relative fault of the Company,
on the one hand, and MCC, on the other, as well as any other relevant  equitable
considerations.  The  relative  fault  of the  parties  shall be  determined  by
reference  to, among other things,  the parties'  relative  intents,  knowledge,
access to information  and, if applicable,  whether any untrue or alleged untrue
statement  of a material  fact or the  omission  or alleged  omission to state a
material fact relates to information  supplied by the Company or by MCC, and any
other  equitable  considerations  appropriate  in the  circumstances.  Any  such
contribution  shall  be  subject  to the  limitation  that  in any  event  MCC's
aggregate  contribution  to all  Claims  or  Costs  for  which  contribution  is
available hereunder shall not exceed the amount of fees actually received by MCC
pursuant  to  the  particular   engagement   relating  to  the   transaction  or
transactions from which the Claims or Costs in question arose.

     The foregoing rights to indemnity,  reimbursement and contribution shall be
in addition to any rights that MCC and/or any other Indemnified  Person may have
at  common  law  or  otherwise.   The  Company   hereby   consents  to  personal
jurisdiction, service of process and venue in any court in which any Claim which
is subject hereto is brought against MCC or any other Indemnified Person.

     In connection with MCC's engagement of even date herewith,  MCC may also be
engaged to act for the Company in one or more additional  capacities.  The terms
of  any  such  engagement  may be  embodied  in one  or  more  separate  written
agreements.  These  indemnification  provisions shall apply to the engagement of
even date herewith, all such other engagements (whether written or oral) and any
modification  thereof and shall  remain in full force and effect  following  the
completion or termination of any such engagement.Second Amendment of JBT Corporation Employees' Retirement Program

 EXHIBIT 10.11B 
 SECOND AMENDMENT OF 
 JOHN BEAN TECHNOLOGIES
CORPORATION 
 EMPLOYEES’ RETIREMENT PROGRAM  
 PART I SALARIED AND NONUNION HOURLY EMPLOYEES’ RETIREMENT PLAN 
 WHEREAS, John Bean Technologies Corporation (the “Company”) maintains the John Bean Technologies Corporation Employees’ Retirement Program Part I Salaried and Nonunion Hourly
Employees’ Retirement Plan (the “Plan”); 
 WHEREAS, the Company now deems it necessary and desirable to
amend the Plan in certain respects; and 
 WHEREAS, this Second Amendment shall supersede the provisions of the Plan to
the extent those provisions are inconsistent with the provisions of the amendment; 
 NOW, THEREFORE, by virtue and in
exercise of the powers reserved to the Company under Section 11.1 Plan Amendment or Termination of the Plan, the Plan is hereby amended in the following respects.: 
 1. Effective for Plan Years beginning on or after January 1, 2009, the definition of “Earnings” contained in Article I
of the Plan is hereby amended to add the following sentence to the end thereto to read as follows: 
 Notwithstanding anything
herein to the contrary, Earnings shall include differential wage payments as described in Section 2.4(b) of the Plan. 
 2.
Effective January 1, 2009, unless an earlier date is specifically set forth below, Section 2.4 of the Plan is hereby amended in its entirety to read as follows: 
 2.4 Special Rules Relating to Veterans’ Reemployment Rights. 
  

	 	(a)	General Rule. Notwithstanding any provisions of this Plan to the contrary, contributions, benefits and service credit with respect to “qualified military
service” will be provided in accordance with Section 414(u) of the Code. “Qualified military service” means any service in the uniformed services (as defined in chapter 43 of title 38 of the United States Code) by any
individual if such individual is entitled to reemployment rights under such chapter with respect to such service. 

  

	 	(b)	Differential Wage Payments. An individual receiving a differential wage payment, as defined by Section 3401(h)(2) of the Code, is treated as an Employee of
the Participating Employer making the payment and the differential wage payment is treated as Earnings under the Plan. 

 The Plan is not treated as failing to meet the requirements of any provision described in
Section 414(u)(1)(C) of the Code due to any contribution or benefit which is based on the differential wage payment provided that all Employees of the Participating Employer are entitled to receive differential wage payments, and to make
contributions based on such payments, on reasonably equivalent terms. 
  

	 	(c)	Death During Qualified Military Service. In the case of a death occurring on or after January 1, 2007, if a Participant dies while performing
qualified military service (as defined in Section 414(u) of the Code), the survivors of the Participant are entitled to any additional benefits (other than benefit accruals relating to the period of qualified military service) provided under
the Plan as if the Participant had resumed and then terminated employment on account of death. 

 3. Effective
January 1, 2002, Section 3.5.1 of the Plan is hereby amended to add a new subjection (vii) which shall read as follows: 
  

	 	(vii)	For purposes of this Section 3.5.1, the term “compensation” means compensation as defined in Code Section 415(c)(3) and the term “monthly
compensation” means compensation divided by 12. 

 4. Effective January 1, 2008, Section 10.10 is
hereby added to the Plan to read as follows: 
 10.10 Funding Based Benefit Restrictions 
 This Section 10.10 shall apply to Plan Years beginning on or after January 1, 2008. Notwithstanding anything in this
Section 10.10 to the contrary, Section 436 of the Code, applicable U.S. Department of Treasury regulations and other IRS guidance promulgated under or with respect to Section 436 of the Code shall be incorporated herein by reference.

  

	 	(a)	Unpredictable Contingent Event Benefits 

 (1) In General. If a Participant is entitled to an “unpredictable contingent event benefit” during any Plan Year, then such benefit may not be provided if the “adjusted funding
target attainment percentage” for such Plan Year: (A) is less than sixty percent (60%); or (B) would be less than sixty percent (60%) percent taking into account such event. 
 (2) Exception. Section 10.10(a)(1) shall not apply with respect to any Plan Year, effective as of the first day of the Plan Year,
upon payment by the Participating Employer of a contribution (in addition to any minimum required contribution under Section 430 of the Code) equal to: 
 (A) in the case of Section 10.10(a)(1)(A) above, the amount of the increase in the funding target of the Plan (under Section 430 of the Code) for the Plan Year that is attributable to the
unpredictable contingent event; and 

 (B) in the case of Section 10.10(a)(1)(B) above, the amount sufficient to result in an
adjusted funding target attainment percentage of sixty percent (60%). 
 (3) Unpredictable contingent event benefit
defined. For purposes of this Section 10.10, the term “unpredictable contingent event benefit” means any benefit payable solely by reason of: 
 (A) a plant shutdown (or similar event, as determined by the Secretary of the U.S. Department of Treasury), or 
 (B) an event other than death, disability, the attainment of any age, performance of any service, or receipt of any compensation. 
  

	 	(b)	Limitations on Plan Amendments Increasing Benefits Liability 

 (1) In general. No amendment which has the effect of increasing liabilities of the Plan by reason of increases in benefits, establishment of new benefits, changing the rate of benefit accrual, or
changing the rate at which benefits become nonforfeitable may take effect during any Plan Year if the “adjusted funding target attainment percentage” for such Plan Year is: 
 (A) less than eighty percent (80%), or 
 (B) would be less than eighty percent (80%) taking into account such amendment. 
 (2) Exception. Section 10.10(b)(1) above shall cease to apply with respect to any Plan Year, effective as of the first day of the Plan Year (or if later, the effective date of the amendment), upon payment by the Participating
Employer of a contribution (in addition to any minimum required contribution under Section 430 of the Code) equal to: 
 (A) in the case of Section 10.10(b)(1)(A) above, the amount of the increase in the funding target of the Plan (under Section 430 of the Code) for the Plan Year attributable to the amendment, and 
 (B) in the case of Section 10.10(b)(1)(B) above, the amount sufficient to result in an “adjusted funding target attainment
percentage” of eighty percent (80%). 
 (3) Exception for certain benefit increases. Section 10.10(b)(1) shall
not apply to any amendment which provides for an increase in benefits under a formula which is not based on a Participant’s compensation, but only if the rate of such increase is not in excess of the contemporaneous rate of increase in average
wages of Participants covered by the amendment. 

	 	(c)	Limitations on Accelerated Benefit Distributions 

 (1) Funding percentage less than sixty percent (60%). If the Plan’s “adjusted funding target attainment percentage” for a Plan Year is less than sixty percent (60%), then the Plan may not
pay any “prohibited payment” after the valuation date for the Plan Year. 
 (2) Bankruptcy. During any period in which
the Participating Employer is a debtor in a case under Title 11, United States Code, or similar Federal or State law, the Plan may not pay any “prohibited payment.” The preceding sentence shall not apply on or after the date on which the
enrolled actuary of the Plan certifies that the “adjusted funding target attainment percentage” of the Plan is not less than one hundred percent (100%). 
 (3) Limited payment if percentage at least sixty percent (60%) but less than eighty percent (80%) percent. 
 (A) In general. If the Plan’s “adjusted funding target attainment percentage” for a Plan Year is sixty percent (60%) or greater but less than eighty percent (80%), then the Plan may
not pay any “prohibited payment” after the valuation date for the Plan Year to the extent the amount of the payment exceeds the lesser of: 
 (i) fifty percent (50%) of the amount of the payment which could be made without regard to this subsection, or 
 (ii) the present value (determined under guidance prescribed by the Pension Benefit Guaranty Corporation, using the interest and mortality assumptions under Section 417(e) of the Code) of the maximum
guarantee with respect to the Participant under ERISA Section 4022. 
 (B) One-time application. 
 (i) In general. Only one “prohibited payment” meeting the requirements of Section 10.10(c)(3) may be made with respect to any
Participant during any period of consecutive Plan Years to which the limitations under either Section 10.10(c)(1), (2) or (3) applies. 
 (ii) Treatment of Beneficiaries. For purposes of this subparagraph, a Participant and any Beneficiary (including an alternate payee, as defined in Section 414(p)(8) of the Code) shall be treated as
one Participant. If the accrued benefit of a Participant is allocated to such an alternate payee and one or more other persons, the amount under

 
Section 10.10(c)(3)(A) shall be allocated among such persons in the same manner as the accrued benefit is allocated unless the qualified domestic relations order (as defined in
Section 414(p)(1)(A) of the Code) provides otherwise. 
 (4) Exception. This subsection shall not apply for any Plan Year if
the terms of the Plan (as in effect for the period beginning on September 1, 2005, and ending with such Plan Year) provide for no benefit accruals with respect to any Participant during such period. 
 (5) “Prohibited payment.” For purposes of this subsection, the term “prohibited payment” means: 
 (A) any payment, in excess of the monthly amount paid under a single life annuity (plus any Social Security supplements described in the
last sentence of Section 411(a)(9) of the Code), to a Participant or Beneficiary whose Annuity Starting Date occurs during any period in which a limitation under Section 10.10(c)(1) or (2) is in effect, 
 (B) any payment for the purchase of an irrevocable commitment from an insurer to pay benefits, and 
 (C) any other payment specified by the Secretary of the U.S. Department of Treasury by U.S. Department of Treasury regulations. 

Such term shall not include the payment of a benefit which under Section 411(a)(11) of the Code may be immediately distributed without the
consent of the Participant. 
  

	 	(d)	Benefit Accrual Limits for Plans with Severe Funding Shortfalls 

 (1) In general. If the Plan’s “adjusted funding target attainment percentage” for a Plan Year is less than sixty percent (60%), benefit accruals under the Plan shall cease as of the
valuation date for the Plan Year. 
 (2) Exception. Section 10.10(d)(1) shall cease to apply with respect to any Plan Year,
effective as of the first day of the Plan Year, upon payment by the Participating Employer of a contribution (in addition to any minimum required contribution under Section 430 of the Code) equal to the amount sufficient to result in an
“adjusted funding target attainment percentage” of sixty percent (60%). 
 (3) Temporary modification of limitation. In
the case of the first Plan Year beginning during the period beginning on October 1, 2008, and ending on September 30, 2009, the provisions of Section 10.10(d)(1) above shall be applied by substituting the Plan’s “adjusted
funding target attainment percentage” for the preceding Plan Year for such percentage for such Plan Year, but only if the “adjusted funding target attainment percentage” for the preceding year is greater. 

	 	(e)	Contributions Required to Avoid Benefit Limitations 

  

	 	(1)	Security may be provided: 

  

	 	(A)	In general. For purposes of this section, the “adjusted funding target attainment percentage” shall be determined by treating as an asset of the Plan any
security provided by the Participating Employer in a form meeting the requirements of Section 10.10(e)(1)(B). 

  

	 	(B)	Form of security. The security required under Section 10.10(e)(1)(A) shall consist of: 

 (i) a bond issued by a corporate surety company that is an acceptable surety for purposes of ERISA Section 412, 
 (ii) cash, or United States obligations which mature in three (3) years or less, held in escrow by a bank or similar financial
institution, or 
 (iii) such other form of security as is satisfactory to the Secretary of the U.S. Department of Treasury and
the parties involved. 
  

	 	(C)	Enforcement. Any security provided under Section 10.10(e)(1)(A) may be perfected and enforced at any time after the earlier of: 

 (i) the date on which the Plan terminates, 
 (ii) if there is a failure to make a payment of the minimum required contribution for any Plan Year beginning after the security is provided, the due date for the payment under Section 430(j) of the
Code, or 
 (iii) if the “adjusted funding target attainment percentage” is less than sixty percent (60%) for a
consecutive period of 7 years, the valuation date for the last year in the period. 
  

	 	(D)	Release of security. The security shall be released (and any amounts thereunder shall be refunded together with any interest accrued thereon) at such time as the
Secretary of the U.S. Department of Treasury may prescribe in U.S. Department of Treasury regulations, including U.S. Department of Treasury regulations for partial releases of the security by reason of increases in the “adjusted funding target
attainment percentage.” 

	 	(2)	Prefunding balance or funding standard carryover balance may not be used. No prefunding balance or funding standard carryover balance under Section 430(f) of the
Code may be used under Section 10.10(a), (b), or (d) to satisfy any payment a Participating Employer may make under any such subsection to avoid or terminate the application of any limitation under such subsection.

  

	 	(3)	Deemed reduction of funding balances: 

  

	 	(A)	In general. Subject to Section 10.10(e)(3)(C), in any case in which a benefit limitation under Section 10.10(a), (b), (c), or (d) would (but for this
subparagraph and determined without regard to Section 10.10(a)(2), (b)(2), or (d)(2)) apply to such Plan for the Plan Year, the Participating Employer shall be treated for purposes of this title as having made an election under
Section 430(f) of the Code to reduce the prefunding balance or funding standard carryover balance by such amount as is necessary for such benefit limitation to not apply to the Plan for such Plan Year. 

  

	 	(B)	Exception for insufficient funding balances. Section 10.10(e)(3)(A) shall not apply with respect to a benefit limitation for any Plan Year if the application of
Section 10.10(e)(3)(A) would not result in the benefit limitation not applying for such Plan Year. 

  

	 	(C)	Restrictions of certain rules to collectively bargained plans. With respect to any benefit limitation under Section 10.10(a), (b) or (d),
Section 10.10(e)(3)(A) shall only apply in the case of a plan maintained pursuant to one or more collectively bargained agreements between employer representatives and one or more employers. 

  

	 	(f)	Presumed Underfunding for Purposes of Benefit Limitations 

  

	 	(1)	Presumption of continued underfunding. In any case in which a benefit limitation under Section 10.10(a), (b), (c), or (d) has been applied to a Plan with
respect to the Plan Year preceding the current Plan Year, the “adjusted funding target attainment percentage” of the Plan for the current Plan Year shall be presumed to be equal to the “adjusted funding target attainment
percentage” of the Plan for the preceding Plan Year until the enrolled actuary of the Plan certifies the actual “adjusted funding target attainment percentage” of the Plan for the current Plan Year. 

	 	(2)	Presumption of underfunding after 10th month. In any case in which no certification of the “adjusted funding target attainment percentage” for the current
Plan Year is made with respect to the Plan before the first day of the 10th month of such year, for purposes of Sections 10.10(a), (b), (c), and (d), such first day shall be deemed, for purposes of such subsection, to be the valuation date of the
Plan for the current Plan Year and the Plan’s “adjusted funding target attainment percentage” shall be conclusively presumed to be less than sixty percent (60%) as of such first day. 

  

	 	(3)	Presumption of underfunding after 4th month for nearly underfunded plans. In any case in which: 

  

	 	(A)	a benefit limitation under Section 10.10(a), (b), (c), or (d) did not apply to a Plan with respect to the Plan Year preceding the current Plan Year, but the
“adjusted funding target attainment percentage” of the Plan for such preceding Plan Year was not more than ten (10) percentage points greater than the percentage which would have caused such subsection to apply to the Plan with
respect to such preceding Plan Year, and 

  

	 	(B)	as of the first day of the 4th month of the current Plan Year, the enrolled actuary of the Plan has not certified the actual “adjusted funding target attainment
percentage” of the Plan for the current Plan Year, until the enrolled actuary so certifies, such first day shall be deemed, for purposes of such subsection, to be the valuation date of the Plan for the current Plan Year and the “adjusted
funding target attainment percentage” of the Plan as of such first day shall, for purposes of such subsection, be presumed to be equal to ten (10) percentage points less than the “adjusted funding target attainment percentage” of
the Plan for such preceding Plan Year. 

  

	 	(g)	Treatment of Plan as of Close of Prohibited or Cessation Period. The following provisions apply for purposes of applying this Section. 

 

	 	(1)	Operation of Plan after period. Payments and accruals will resume effective as of the day following the close of the period for which any limitation of payment or
accrual of benefits under Section 10.10(e) or (f) applies. 

  

	 	(2)	Treatment of affected benefits. Nothing in this subsection shall be construed as affecting the Plan’s treatment of benefits which would have been paid or accrued
but for this Section. 

	 	(h)	Definitions. 

  

	 	(1)	The term “funding target attainment percentage” has the same meaning given such term by Section 430(d)(2) of the Code, except as otherwise provided
herein. However, in the case of Plan Years beginning in 2008, the “funding target attainment percentage” for the preceding Plan Year may be determined using such methods of estimation as the Secretary of the U.S. Department of Treasury may
provide. 

  

	 	(2)	The term “adjusted funding target attainment percentage” means the “funding target attainment percentage” which is determined under
Section 10.10(h)(1) by increasing each of the amounts under subparagraphs (A) and (B) of Section 430(d)(2) of the Code by the aggregate amount of purchases of annuities for employees other than highly compensated employees (as
defined in Code Section 414(q)) which were made by the Plan during the preceding two (2) Plan Years. 

  

	 	(3)	Application to plans which are fully funded without regard to reductions for funding balances. 

  

	 	(A)	In general. In the case of a Plan for any Plan Year, if the “funding target attainment percentage” is one hundred percent (100%) or more (determined and
without regard to the reduction in the value of assets under Section 430(f)(4) of the Code), the “funding target attainment percentage” for purposes of Sections 10.10(h)(1) and (2) shall be determined without regard to such
reduction. 

  

	 	(B)	Transition rule. Section 10.10(h)(3)(A) shall be applied to Plan Years beginning after 2007 and before 2011 by substituting for “one hundred percent
(100%)” the applicable percentage determined in accordance with the following table: 

  

			
	 In the case of a Plan Year
 beginning in calendar year:
	  	The applicable percentage is:
		
	 2008
	  	92%
	 2009
	  	94%
	 2010
	  	96%

  

	 	(c)	Section 10.10(h)(3)(B) shall not apply with respect to any Plan Year beginning after 2008 unless the “funding target attainment percentage” (determined
without regard to the reduction in the value of assets under Section 430(f)(4) of the Code) of the Plan for each preceding Plan Year beginning after 2007 was not less than the applicable percentage with respect to such preceding Plan Year
determined under Section 10.10(h)(3(B). 

	 	(i)	Compliance with Section 436 of the Code. The provisions of this Section 10.10 shall be interpreted in a manner consistent with Section 436
of the Code, applicable U.S. Department of Treasury regulations and other IRS guidance promulgated under or with respect to Section 436 of the Code and, as stated above, such regulations and guidance, together with Section 436 of the Code,
are incorporated herein by reference. 

 5. Effective January 1, 2007, Section 12.10(a) of the Plan is
hereby amended by adding the following to the end thereto: 
 Notwithstanding the preceding to the contrary, effective for Plan
Years beginning on or after January 1, 2007, a Participant may also elect to make a direct rollover of after-tax employee contributions to a qualified plan or to a 403(b) plan that agrees to separately account for such amounts. 
 6. Effective January 1, 2008, Section 12.10(b) of the Plan is hereby amended by adding the following to the end thereto:

 For distributions made on or after January 1, 2008, an “eligible retirement plan” shall also include a Roth IRA
defined in Section 408A(b) of the Code. 
 7. Effective January 1, 2010, Section 12.10(c) is hereby amended by
adding the following paragraph to the end thereto: 
 Effective January 1, 2010, and notwithstanding any provision herein to
the contrary, with respect to any portion of a distribution from the Plan of a deceased Employee, an individual who is the designated Beneficiary (as defined by Code Section 401(a)(9)(E)) of the Employee and who is not the surviving spouse of
the Employee shall be permitted to make a direct trustee-to-trustee transfer of the distribution to an individual retirement plan described in Code Section 402(c)(8)(B)(i) or (ii) established for the purposes of receiving the distribution
on behalf of such designated Beneficiary. In such event, the transfer shall be treated as an “eligible rollover distribution,” the individual retirement plan shall be treated as an inherited individual retirement account or individual
retirement annuity (within the meaning of Code Section 408(d)(3)(C)) and Code Section 401(a)(9)(B) (other than clause (iv) thereof) shall apply to such individual retirement plan. 
 8. Effective January 1, 2002, the term “Present Value” set forth in Section 13.1 is hereby amended to replace the phrase
“separation from service” with the phrase “severance from employment.” 

 IN WITNESS WHEREOF, the Company has caused this amendment to be executed by a duly
authorized representative this 23rd day of December 2009. 
  

			
	JOHN BEAN TECHNOLOGIES CORPORATION
		
	By:	 	 Ronald D. Mambu

	Its:	 	Vice President, Chief Financial Officer and Controller

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