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CURTISS-WRIGHT CORPORATION
RETIREMENT PLAN
As Amended and Restated effective January 1, 2019
FIRST 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, 2019.
2.    Subsequent to the most recent amendment and restatement of the Plan, the Company has decided to amend the Plan to reflect the requirements of the Further Consolidated Appropriations Act, 2020, § Division O - Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE).
3.    The Company also wishes to modify the eligibility requirements and entry dates for participation. 
4.    Article 12.01 of the Plan permits the Company to amend the Plan at any time and from time to time.
5.    Article 12.02 authorizes the Curtiss-Wright Corporation Administrative Committee to adopt Plan amendments on behalf of the Company.
Amendments to the Plan
1.Notwithstanding any provision of the Plan to the contrary, effective January 1, 2022, Article 2.01 is amended by adding the following paragraph (j) at the end thereof:
(j)     Notwithstanding the first paragraph of paragraph (a), effective January 1, 2022, any nonrepresented Employee shall be eligible to participate in the Plan as of the first January 1 or July 1 that follows the date the he attains age 21 and completes his Year of Eligibility Service, provided that he then satisfies the eligibility conditions of this Article 2.01.   
2.Notwithstanding any provision of the Plan to the contrary, effective January 1, 2020, Article 7.03(b)(iv) of the Plan is amended by adding the following paragraph at the end of paragraph (D) thereof:
Notwithstanding anything in Article 7.03(b)(iv) or any separate instrument representing a component part of the Plan to the contrary, the required beginning date for required minimum distributions required to be made on and after January 1, 
1

2020 for Participants who attain age 701⁄2 after such date is determined by substituting age 72 for age 701⁄2 in each place such age appears.  For purposes of determining a Participant’s required beginning date, a Participant will be treated as a more than 5-percent owner if he or she was a 5-percent owner (as defined in Section 416 of the Code) as to the Plan Year ending in the calendar year the Participant attains age 72.

3.Notwithstanding any provision of the Plan to the contrary, effective January 1, 2020, Article 8.04 of the Plan is amended by adding the following Article 8.04(d) at the end thereof:
Notwithstanding anything in Article 8.04 or any separate instrument representing a component part of the Plan to the contrary, if the Participant dies before distribution of his interest in the Plan has commenced, if the designated Beneficiary is the Participant's surviving Spouse, the date on which the distributions are required to begin shall not be earlier than the date on which the Participant would have attained the Participant’s required beginning date as defined in Article 7.03(b)(iv)(D).  

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 17th day of September, 2021.

    

    Curtiss-Wright Corporation
    Administrative Committee

    By:  ___________________________________
Robert F. Freda
     

    
4837-8891-3136, v. 3
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CURTISS-WRIGHT CORPORATION SAVINGS AND INVESTMENT PLAN As Amended and Restated effective January 1, 2015
Fourteenth INSTRUMENT OF AMENDMENT
Recitals:
1.         Curtiss-Wright Corporation (the “Company”) has heretofore adopted the Curtiss‐Wright Corporation Savings and Investment Plan (the “Plan”) and has caused the Plan to be amended and restated in its entirety effective as of January 1, 2015.
2.         Subsequent to the most recent amendment and restatement of the Plan, the Company has decided to amend the Plan to reflect the requirements of the Further Consolidated Appropriations Act, 2020, § Division O - Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act. 
3.         Section 12.01(a) of the Plan permits the Company to amend the Plan at any time and from time to time.
4.         Section 12.01(b) authorizes the Curtiss-Wright Corporation Administrative Committee to adopt Plan amendments on behalf of the Company under certain circumstances.
Amendments to the Plan
1.         Notwithstanding any provision of the Plan to the contrary, effective January 1, 2020, Section 9.04(a) is amended by adding the following at the end thereof:
Notwithstanding any provision of the Plan to the contrary, the required beginning date will be determined effective with respect to required minimum distributions required to be made on and after January 1, 2020 for Members who attain age 701⁄2 after such date by substituting age 72 for age 701⁄2 in each place such age appears. For purposes of determining a Member’s required beginning date, a Member will be treated as a more than 5-percent owner if he or she was a 5-percent owner (as defined in Section 416 of the Code) as to the Plan Year ending in the calendar year the Member attains age 72.
2.         Notwithstanding any provision of the Plan to the contrary, effective January 1, 2020, Section 9.04(c) is amended by deleting paragraph (ii) in its entirety and inserting in its place the following:
(ii)        "Distribution calendar year" means a calendar year for which a minimum distribution is required.  The first distribution calendar year is the calendar year in which the applicable Member in active service attains age 701⁄2 (or age 72 in the case of minimum distributions required on or after January 1, 2020 for Members who attain age 701⁄2 after such date).

3.         Notwithstanding any provision of the Plan to the contrary, effective January 1, 2020, Section 9.04 of the Plan is amended by adding the following Subsection (d) at the end thereof:
(d)       Waiver for 2020 Plan Year. Notwithstanding any provision of this Section 9.04 to the contrary:  

a.Subject to Section 9.04(d)(ii), a Member or Beneficiary who would have been required to receive required minimum distributions for 2020 but for the enactment of Section 401(a)(9)(I) of the Code ("2020 RMDs") and who would have satisfied that requirement by receiving distributions that are (i) equal to the 2020 RMDs or (ii) one or more payments in a series of substantially equal distributions (that include the 2020 RMDs) made at least annually and expected to last for the life (or life expectancy) of the Member, the joint lives (or joint life expectancy) of the Member and the Member's designated Beneficiary or for a period of at least 10 years, will receive those distributions for 2020 unless the Member or Beneficiary chooses not to receive such distributions. Member and Beneficiaries described in the preceding sentence will be given the opportunity to elect to stop receiving the distributions described in the preceding sentence.

a.Notwithstanding the provisions of Section 9.04(d)(i), a Member or Beneficiary whose first required minimum distribution is a 2020 RMD that would have been required to be distributed but for the enactment of section 401(a)(9)(I) of the Code and who would have satisfied the requirement to receive minimum required distributions for 2020 by receiving distributions that are (i) equal to the 2020 RMDs or (ii) one or more payments in a series of substantially equal distributions (that include the 2020 RMDs) made at least annually and expected to last for the life (or life expectancy) of the Member, the joint lives (or joint life expectancy) of the Member and the Member's designated Beneficiary or for a period of at least 10 years, will not receive those distributions for 2020, unless the Member or Beneficiary chooses to receive such distributions. Members and Beneficiaries described in the preceding sentence will be given the opportunity to elect to receive the distributions described in the preceding sentence.

a.For purposes of this Section 9.04(d), a direct rollover will be offered only for distributions that would be eligible rollover distributions without regard to section 401(a)(9)(I) of the Code.
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 17th day of September, 2021.

Curtiss-Wright Corporation
                                                                        Administrative Committee

                                                                        By:  ___________________________________
Robert F. FredaDocument

CURTISS-WRIGHT CORPORATION SAVINGS AND INVESTMENT PLAN As Amended and Restated effective January 1, 2015
FIFTEENTH INSTRUMENT OF AMENDMENT
Recitals:
1.         Curtiss-Wright Corporation (the “Company”) has heretofore adopted the Curtiss‐Wright Corporation Savings and Investment Plan (the “Plan”) and has caused the Plan to be amended and restated in its entirety effective as of January 1, 2015.
2.         Subsequent to the most recent amendment and restatement of the Plan, the Company has decided to amend the Plan for the following reasons:
a.         To limit the exception to the requirements for allocation of the Company’s non-elective contribution; and
b.         To amend the hardship distributions of the Plan to conform to the requirements of the Bipartisan Budget Act of 2018.   
3.         Section 12.01(a) of the Plan permits the Company to amend the Plan at any time and from time to time.
4.         Section 12.01(b) authorizes the Curtiss-Wright Corporation Administrative Committee to adopt Plan amendments on behalf of the Company under certain circumstances.
5.         Certain of the Plan amendments described herein shall be subject to approval by the Board of Directors.
Amendments to the Plan
1.Effective January 1, 2022, Section 1.35A is added to the Plan, as follows:
“Misconduct” means any deliberate or egregious violation of the Curtiss-Wright Code of Conduct or other unlawful, dishonest, or improper conduct, on or off the job (if the conduct harms the Employer in some way or the Employer’s reputation), as determined in the sole discretion of the Administrative Committee on the basis of the particular facts and circumstances.
1.Effective January 1, 2022, Section 3.07A(a) is amended to delete the third  sentence thereof and replace it with the following: 
Notwithstanding the foregoing sentence, except in the case of an involuntary termination of the Member by the Employer due to Misconduct, an eligible Member who incurs a termination of employment on account of death, Disability or retirement on or after attainment of age 55 (or for the period beginning March 1, 2020 and ending December 31, 2020, a reduction in force initiative on or after attainment of age 55) and completion of at least 3 Years of Vesting Service prior to the end of any such Plan Year shall be entitled to an allocation of CW Savings Contributions and such allocation shall be based on the ratio that each such Member’s Compensation earned prior to his termination of employment bears to the total Compensation of all Members entitled to an allocation of CW Savings Contributions for the Plan Year. 
1.Effective as of January 1, 2019, Section 7.04 of the Plan is amended in its entirety to read as follows:
7.04    Hardship Withdrawal 

(a)        A Member who has withdrawn the total amount available for withdrawal under the preceding Sections of this Article may, subject to Section 7.05, elect to withdraw not more than once in a Plan Year all or part of the Deferred Cash Contributions (including Catch-Up Contributions, Roth Deferred Cash Contributions and Roth Catch-Up Contributions) made on his behalf to his Deferred Account (his Catch-Up Account, his Roth Deferred Cash Contribution Account and his Roth Catch-Up Account) upon furnishing proof of “Hardship” satisfactory to the Administrative Committee or its designee in accordance with the provisions of paragraphs (b) and (c) below. 

(b)        As a condition for Hardship there must exist with respect to the Member an immediate and heavy need to draw upon his Accounts. 

(i)         Such immediate and heavy need shall exist only if the requested withdrawal is on account of any of the following: 

(A)       expenses for (or necessary to obtain) medical care that would be deductible under Section 213(d) of the Code (determined without regard to whether the expenses exceed 7.5 percent of adjusted gross income)’

(B)       costs directly related to the purchase of a principal residence of the Member (excluding mortgage payments);

(C)       payment of tuition and related educational fees, and room and board expenses, for the next 12 months of post-secondary education of the Member, his spouse, children or dependents (as defined in Section 152 of the Code and determined without regard to Sections 152(b)(1), (b)(2) and (d)(1)(B) of the Code)

(D)       payment of amounts necessary to prevent eviction of the Member from his principal residence or to avoid foreclosure on the mortgage of his principal residence;

(E)       payments for burial or funeral expenses for the Member's deceased parent, spouse, children or dependents (as defined in Section 152 of the Code and without regard to Section 152(d)(1)(B) of the Code) or for a deceased primary Beneficiary under the Plan;

(F)       expenses for the repair of damages to the Member's principal residence that would qualify for the casualty deduction under Section 165 of the Code (determined without regard to section 165(h)(5) and whether the loss exceeds 10% of adjusted gross income). 

(ii)        The amount of withdrawal may not be in excess of the amount of the immediate and heavy financial need of the Member, including any amounts necessary to pay any Federal, state or local income taxes or penalties reasonably anticipated to result from the distribution. 

(iii)       The Member shall furnish to the Administrative Committee or its designee such supporting documents as the Administrative Committee may request in accordance with uniform and nondiscriminatory rules prescribed by the Administrative Committee or its designee. 

(c)        As a condition for Hardship, the Member must demonstrate that the requested withdrawal is necessary to satisfy the financial need described in paragraph (b) above. To demonstrate such necessity, the Member must request, on such form as the Administrative Committee or its designee shall prescribe, that the Administrative Committee or its designee make its determination of the necessity for the withdrawal solely on the basis of his application. In that event, the Administrative Committee or its designee shall make such determination, provided both of the following requirements are met: 

(i)         the Member has obtained all distributions, other than distributions available only on account of hardship; and

(ii)        the Member certifies (in writing, by an electronic medium as defined in Treasury Regulation Section 1.401(a)-21(e)(3), or in such other form as authorized in IRS guidance) that he or she has insufficient cash or other liquid assets reasonably available to satisfy the need.

For purposes of clause (ii), "all other plans of the Employer and Affiliated Employers" shall include stock option plans, stock purchase plans, qualified and non-qualified deferred compensation plans, and such other plans as may be designated under regulations issued under Section 401(k) of the Code but shall not include health and welfare benefit plans or the mandatory employee contribution portion of a defined benefit 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 31st day of December 2021.
                                                                                    Curtiss-Wright Corporation
                                                                                    Administrative Committee

                                                                        By:                                                             
                                                                                    Robert Freda

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