Document:

Cytec Supplemental Employees' Retirement Plan

 Exhibit 10.2(j) 
 CYTEC SUPPLEMENTAL EMPLOYEES’ RETIREMENT PLAN 
 (As amended and restated effective
January 1, 2009) 
 Effective as of January 1, 1994, Cytec Industries Inc. (the “Company”) established the Cytec
Supplemental Employees’ Retirement Plan (the “Plan”). The Plan is intended to constitute an unfunded pension plan maintained primarily for a select group of management or highly compensated employees which is exempt from Parts 2, 3
and 4 of Title I of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). The Plan makes up the amount of the accrued benefits which cannot be provided under the Cytec Past Service Retirement Plan and the Cytec
Salaried and Nonbargaining Employees’ Retirement Plan as a result of the limitation on the amount of compensation which can be taken into account under Section 401(a)(17) of the Internal Revenue Code of 1986, as amended (the
“Code”), and includes in the calculation of compensation all such income in the year in which it would have otherwise been credited for purposes of determining benefits, even if receipt is deferred until a subsequent year. The Plan is not
a qualified plan under the Code and benefits are paid by, or on behalf of, the Employer. 
 The Plan replaced that portion of the American
Cyanamid Company and Subsidiaries ERISA Excess Retirement Plan (the “Cyanamid Excess Plan”) which provided benefits in excess of the limits imposed by Section 401(a)(17) of the Code. Pursuant to the Transfer and Distribution Agreement
dated December 17, 1993 between American Cyanamid Company and Cytec Industries Inc., the Plan assumed such excess liabilities attributable to employees of the Company and certain subsidiaries of the Company covered by the Cyanamid Excess Plan
on December 31, 1993 who became employees of an Employer on January 1, 1994. 
 The Plan is amended and restated effective
January 1, 2009. The Plan, as amended and restated, is intended to comply with Section 409A of Code, the regulations thereunder and related guidance issued by the Internal Revenue Service (“IRS”). 
 ARTICLE I 
 Definitions

 1.1 “Actuarial Equivalent” means an amount or benefit
of equal value based on a 6 1/2% interest rate and the 1971 TPF&C Forecast Mortality Table (or, at the discretion of the
Pension Administration Committee, the most recent version of such table) with employee ages set back one year and beneficiary ages set back five years.  
 1.2 “Board of Directors” means the Board of Directors of the Company. 
 1.4
“Code” means the Internal Revenue Code of 1986, as amended. 
 1.5 “Company” means Cytec Industries Inc.

 1.6 “Compensation Committee” means the Compensation and Management Development Committee of the Board of Directors, and
any successor thereto. 

 1.7 “Eligible Employee” means any person employed by an Employer who is a participant in
the Employees’ Retirement Plan and/or the Past Service Plan and whose vested benefits payable under either or both of the Retirement Plans are subject to the Section 401(a)(17) Limitation in any Plan Year. 
 1.8 “Employees’ Retirement Plan” means the Cytec Salaried and Nonbargaining Employees’ Retirement Plan, as amended from time
to time. 
 1.9 “Employer” shall mean the Company, D Aircraft Products, Inc., Cytec Fiberite Inc., any successor thereto, or
any of the Company’s subsidiaries which adopts the Plan with the consent of the Board of Directors. 
 1.10 “Normal Retirement
Date” means the Normal Retirement Date as defined in the Employees’ Retirement Plan. 
 1.11 “Participant”
means an Eligible Employee who becomes a Participant pursuant to Article II of the Plan. 
 1.12 “Past Service Plan” means
the Cytec Past Service Retirement Plan. 
 1.13 “Pension Administration Committee” means the Pension Administration
Committee created by the Board of Directors, and any successor thereto. 
 1.14 “Pension Plan Benefit” means the aggregate
annual retirement benefit payable to or on account of a Participant from the Retirement Plans. 
 1.15 “Plan” means this
Cytec Supplemental Employees’ Retirement Plan, as set forth herein, as amended from time to time. 
 1.16 “Plan Year”
means each twelve (12) consecutive month period commencing each January 1 and ending on the following December 31. 
 1.17
“Retirement Plans” means the Past Service Plan and the Employees’ Retirement Plan. 
 1.18 “Section 401(a)(17)
Limitation” means the limit on the amount of compensation which can be taken into account under Section 401(a)(17) of the Code, as adjusted from time to time by the Secretary of Treasury, for purposes of computing the accrued benefits
which can be paid from the Retirement Plans. 
 1.19 “Section 415
Limitation” means the limitation under Section 415 of the Code on annual benefits payable from the Retirement Plans. 
 1.20
“Separation from Service” occurs on the date that the Participant dies, retires, or otherwise has a termination of employment with the Company (within the meaning of Treasury Regulation Section 1.409A-1). 
 1.21 “SERP Benefit” shall mean the annual retirement benefit payable pursuant to the terms of this Plan. 
  

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 1.22 “Years of Service” means Years of Service as defined under the Employees’
Retirement Plan, which includes Years of Service credited for purposes of the Past Service Plan. 
 1.23 For purposes of this Plan, unless
the context requires otherwise, the masculine includes the feminine, the singular the plural, and vice-versa. Any reference to a “Section” or “Article” shall mean the indicated section or article of this Plan unless otherwise
specified. 
 ARTICLE II 
 Participation 
 An Eligible Employee shall become a Participant on the date the Eligible Employee becomes a participant in a
Retirement Plan or, if later, the date on which the Eligible Employee satisfies the eligibility requirements to become a Participant in the Plan, and the Compensation Committee designates such individual as eligible to participate in the Plan.

 An employee who is hired by an Employer on or after April 1, 2007, shall not become a Participant in the Plan. With respect to an
employee who is rehired by an Employer on or after April 1, 2007, and was previously a Participant in the Plan, such Participant’s service with, and compensation from, an Employer on and after April 1, 2007 shall not be taken into
account for purpose of determining the SERP Benefit under Article III of the Plan. 
 ARTICLE III 
 SERP Benefit 
 Each Participant who
qualifies for a normal, early or deferred Pension Plan Benefit under the Retirement Plans shall be entitled to a SERP Benefit provided that the Participant is credited with at least five Years of Service on the date of the Participant’s
retirement. The amount of a Participant’s SERP Benefit shall be equal (a) minus (b) as follows: 
  

	 	(a)	The Participant’s Pension Plan Benefit, expressed as a straight life annuity with no ancillary benefits, which would have been payable to the Participant under the Retirement
Plans absent the application of the Section 401(a)(17) Limitation and the Section 415 Limitation with respect to compensation in excess of the Section 401(a)(17) Limitation, and including all compensation when it would have otherwise
been credited for purposes of determining benefits, even if receipt is deferred to a subsequent year; provided, however, that deferred compensation paid in a subsequent year shall not again be included as compensation for purposes of computing the
SERP Benefit hereunder; minus 

  

	 	(b)	The sum of the Participant’s Pension Plan Benefit, expressed as a straight life annuity with no ancillary benefits, and the Participant’s annual benefit under the Cytec
Excess Retirement Plan, if any. 

  

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 ARTICLE IV 
 Vesting 
 A Participant shall become fully vested in the SERP Benefit upon completion of five Years
of Service. 
 ARTICLE V 
 Death Benefits 
 If a married Participant who is eligible for a SERP Benefit under the Plan dies and has not commenced
payment of the SERP Benefit, such Participant’s spouse shall be eligible for a pre-retirement survivor annuity under this Article V of the Plan. 
 The amount of the pre-retirement survivor annuity shall be payable to the Participant’s spouse in the form, and amount, that such spouse would have received if the Participant had retired on the day before the
Participant’s death and had elected to receive the SERP Benefit commencing immediately in the form of a Joint and 50% Survivor Annuity. 
 If the Participant is at least age 55 on the date of death, payment of the pre-retirement survivor annuity shall commence on the first business day of the month following the Participant’s death, but in no event later the fifteenth day
of the third calendar month following the date on which the Participant dies. If the Participant is not at least age 55 on the date of death, payment of the pre-retirement survivor annuity shall commence on the first business day of the month
following the date that the Participant would have attained age 55 is the Participant had lived, but in no event later the fifteenth day of the third calendar month following the date on which the Participant would have attained age 55. 

ARTICLE VI 
 Form of Payment 

 6.1 Form of Payment 
 The Pension Administration Committee shall obtain from each Participant no later than December 31, 2008, an election as to the form of payment of the Participant’s SERP Benefit. A Participant may elect to have the SERP Benefit
paid in one of the following forms of payment: 
  

	 	(a)	Modified Spouse Option. An adjusted SERP Benefit payable for the Participant’s life, with the provision that after death, a percentage of the SERP Benefit (10% to 100%
in 10% increments, and 75%) shall be continued during the life of the Participant’s spouse (at the time of retirement), if the beneficiary survives the Participant. 

  

	 	(b)	Contingent Annuitant Option. An adjusted SERP Benefit payable for the Participant’s life, with the provision that after death, a percentage of the SERP Benefit (10% to
100% in 10% increments, and 75%) shall be continued during the life of the Participant’s beneficiary (at the time of retirement), if the beneficiary survives the Participant. 

  

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	 	(c)	Ten-Year Certain and Life Option. An adjusted SERP Benefit payable for the Participant’s life with the provision that in the event of the Participant’s death within
the shorter of ten years or the Participant’s life expectancy determined at the annuity starting date, payment shall be continued for the duration of such ten-year or life expectancy period to the beneficiary designated by the Participant. If
such beneficiary does not survive such period, the commuted value equal to the Actuarial Equivalent of any payments remaining shall be paid to the legal representatives of the last to survive of the Participant and the beneficiary.

  

	 	(d)	Ten-Year Certain and Contingent Annuitant Option. An adjusted SERP Benefit payable for the Participant’s life with the provision that in the event of the
Participant’s death within the shorter of ten years or the Participant’s life expectancy determined at the annuity starting date, payment shall be continued for the duration of such ten-year or life expectancy period to the beneficiary
designated by the Participant. At the end of the ten-year or life expectancy period, a percentage of the SERP Benefit without adjustment for the ten year certain feature (10% to 90% in 10% increments) shall be continued during the life of the
Participant’s beneficiary (at the time of retirement), if the beneficiary survives the Participant. If the beneficiary does not survive the initial ten-year period, the commuted value equal to the Actuarial Equivalent of any payments remaining
shall be paid to the legal representatives of the last to survive of the Participant and the beneficiary. 

  

	 	(e)	Single Life Annuity. An annuity payable for the life of the Participant. 

 A Participant shall designate a joint annuitant and/or beneficiary if the Participant elects a payment form described in subsections (a) through (d) above. 
 Prior to commencement of payment of a Participant’s SERP Benefit, the Participant may elect a different form of annuity, provided that the payments
forms are actuarially equivalent. Such a change in annuity shall not be considered a change in the time and form of a payment under Section 409A of the Code. 
 In the event that a Participant does not make an election as to form of payment, the SERP Benefit shall be paid in the form of a single life annuity if the Participant is not married on the benefit commencement date,
and a joint and 50% survivor annuity (with the Participant’s spouse as the contingent annuitant) if the Participant is married on the benefit commencement date. 
 Distribution of a Participant’s SERP Benefit shall commence on the later of (i) the first business day of the month following the Participant’s attainment of age 55, or (ii) six months after the
Participant Separates from Service (the “Payment Date”). In no event shall payment commence later than the fifteenth day of the third calendar month following the Payment Date. If payment is made under subsection (ii), on the first
business day of the seventh month following the Participant’s termination from employment, the Participant shall receive a lump sum payment equal to the payments that would have been paid during the six-month suspension period described in the
preceding sentence. 
  

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 6.2 Participants who have Separated from Service as of December 31, 2008. 
 Notwithstanding the last paragraph of Section 6.1 but subject to Section 6.3 of the Plan, this Section 6.2 shall apply to Participants who
as of December 31, 2008 (a) have Separated from Service, (b) have attained at least age 55, and (c) have not commenced payment of the SERP Benefits. Payment of such Participants’ SERP Benefits shall commence on April 1,
2010, but in no event later than April 30, 2010. A Participant may elect to defer commencement of the SERP Benefit (the “Subsequent Election”). The Subsequent Election must be made no later than March 31, 2009 and the deferred
commencement date, based upon the Subsequent Election, must be at least five years from April 1, 2010. Subsequent Elections shall be made in the manner prescribed by the Pension Administration Committee, and shall comply with all of the
requirements of Section 409A of the Code. 
 This Section 6.2 of the Plan does not apply to Participants who, prior to
January 1, 2009, have (a) Separated from Service, and (b) elected to commence payment of their benefits under the Retirement Plans, irrespective of whether such Participants’ SERP Benefits have commenced as of January 1,
2009, as a result of the six month delay under Section 409A. 
 6.3 Lump Sum Cash-Outs 
 Notwithstanding Sections 6.1 and 6.2 of the Plan, if the lump sum present value of a Participant’s SERP Benefit payable under Article III of this
Plan when combined with the Participant’s Excess Benefit under the Cytec Excess Retirement Plan and all similar plans of an Employer that are required to be aggregated with the Plan under Section 409A of the Code, if applicable, is less
than the dollar limit under Section 402(g) of the Code, the Pension Administration Committee shall distribute the SERP Benefit in a lump sum to the Participant on the Payment Date. In no event shall payment commence later than the fifteenth day
of the third calendar month following the Payment Date. For purposes of this calculation, the SERP Benefit and the Excess Benefit (and other benefits required to be aggregated hereunder) shall be expressed as a single life annuity payable
immediately. For purposes of determining the present value of the lump sum, the actuarial assumptions set forth in the Retirement Plans for determining the present value of lump sum payments shall apply. 
 In the event that an amount is payable under this Section 6.3 of the Plan, benefits under all similar plans must be paid to the Participant at the
same time as the Excess Benefit is paid. Notwithstanding the foregoing, the Pension Administration Committee shall not pay a lump sum distribution to any Participant who is also covered by the Cytec Executive Supplemental Employees’ Retirement
Plan. 
  

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 ARTICLE VII 
 Administration 
 7.1 Pension Administration Committee 
 The Pension Administration Committee shall supervise the daily management and administration of the Plan. The members of the Pension Administration
Committee shall serve without compensation. 
 7.2 Responsibilities and Powers of the Pension Administration Committee 
 The Pension Administration Committee shall have the responsibility: 
  

	 	(a)	To administer the Plan in accordance with the terms hereof, and to exercise all powers specifically conferred upon the Pension Administration Committee hereby or necessary to carry
out the provisions thereof. 

  

	 	(b)	To construe this Plan, which construction shall be conclusive, correct any defects, supply omissions, and reconcile inconsistencies to the extent necessary to effectuate the Plan.

  

	 	(c)	To keep all records relating to Participants of the Plan and such other records as are necessary for proper operation of the Plan. 

 7.3 Operation of the Pension Administration Committee 
 In carrying out the Pension Administration Committee’s functions hereunder: 
  

	 	(a)	The Pension Administration Committee may adopt rules and regulations necessary for the administration of the Plan and consistent with the provisions hereof.

  

	 	(b)	All acts and decisions of the Pension Administration Committee shall be approved by a majority of the members of the Pension Administration Committee and shall apply uniformly to
all Participants in like circumstances. Written records shall be kept of all acts and decisions. 

  

	 	 (c)
	 The Pension Administration Committee may authorize one or more of its members to act on its behalf. The Pension
Administration Committee may also delegate in writing, any of its responsibilities and powers to an individual(s) who is not a Pension Administration Committee member. 

  

	 	(d)	The Pension Administration Committee shall have the right to hire, at the expense of the Employer, such professional assistants and consultants as it, in its sole discretion, deems
necessary or advisable, including, but not limited to, accountants, actuaries, consultants, counsel and such clerical assistance as is necessary for proper discharge of its duties. 

 7.4 Indemnification 
 In addition to
any other indemnification that a fiduciary, including but not limited to a 

  

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member of the Pension Administration Committee or Compensation Committee, is entitled to, an Employer shall indemnify such fiduciary from all claims for
liability, loss or damage (including payment of expenses in connection with defense against such claim) arising from any act or failure to act which constitutes a breach of such individual’s fiduciary responsibilities with respect to this Plan
under any aspects of the law. 
 ARTICLE VII 
 Miscellaneous 
 8.1 Benefits Payable by the Employer 
 All benefits payable under this Plan constitute an unfunded obligation of an Employer. Payments shall be made, as due, from the general funds of an
Employer. An Employer, at its option, may maintain one or more bookkeeping reserve accounts to reflect its obligations under the Plan and may make such investments as it may deems desirable to assist it in meeting with obligations. Nothing contained
in this Section 8.1 of the Plan shall limit the ability of an Employer to pay benefits hereunder through a rabbi trust. Any such investments shall be assets of an Employer subject to claims of its general creditors. No person eligible for a
benefit under this Plan shall have any right, title to interest in any such investments. 
 8.2 Amendment or Termination 

 

	 	(a)	The Board of Directors reserves the right to amend, modify, or restate or terminate the Plan; provided, however, that no such action by the Board of Directors shall reduce a
Participant’s SERP Benefit accrued as of the time thereof. The provisions of this Section 8.2 of the Plan prohibiting an action by the Board of Directors which would reduce a Participant’s accrued SERP Benefit cannot be amended
without the consent of all Participants (including those who have retired). Any amendment to the Plan shall be made in writing by the Board of Directors with or without a meeting, or shall be made in writing by the Pension Administration Committee
or Compensation Committee, to the extent that Board of Directors has specifically delegated the authority to make such amendment to the Plan the Pension Administration Committee or Compensation Committee. 

  

	 	(b)	If the Plan is terminated, a determination shall be made of each Participant’s SERP Benefit as of the Plan termination date (determined in accordance with Section 8.2(a))
of the Plan. 

 8.3 Status of Employment 
 Nothing herein contained shall be construed as conferring any rights upon any Participant or any person or a continuation of employment, nor shall it be construed as limiting in any way the right of an Employer to
discharge any Participant or to treat the Participant without regard to the effect which such treatment might have upon the Participant as a Participant of the Plan. 
 8.4 Payments to Minors and Incompetents 
 If a Participant or beneficiary entitled to receive any
benefit hereunder is a minor or is deemed by the Pension Administration Committee or is adjudged to be legally incapable of giving 

  

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valid receipt and discharge or such benefits, they will be paid to the duly appointed guardian of such minor or incompetent or to such other legally
appointed person as the Pension Administration Committee might designate. Such payment shall, to the extent made, be deemed a complete discharge of any liability for such payment under the Plan. 
 8.5 Inalienability of Benefits 
 The
right of any person to any benefit or payment under the Plan shall not be subject to voluntary or involuntary transfer, alienation or assignment, and, to the fullest extent permitted by law, shall not be subject to attachment, execution,
garnishment, sequestration or other legal or equitable process. In the event a person who is receiving or is entitled to receive benefits under the Plan attempts to assign, transfer or dispose of such right, or if an attempt is made to subject said
right to such process, such assignment, transfer or disposition shall be null and void. 
 8.6 Claim and Appeal Procedure. The Company
shall appoint a person or persons to adjudicate claims and appeals under the Plan (the “Administrator”). The Administrator shall provide adequate notice in writing to any Participant or to any beneficiary (the “Claimant”) whose
claim for benefits under the Plan has been denied. The Administrator’s notice to the Claimant shall set forth: 
 (a) The specific reason
for the denial; 
  

	 	(b)	Specific references to pertinent Plan provisions upon which the Administrator based its denial; 

  

	 	(c)	A description of any additional material and information that is needed; 

  

	 	(d)	That any appeal the Claimant wishes to make of the adverse determination must be in writing to the Administrator within seventy-five (75) days after receipt of the
Administrator’s notice of denial of benefits. The Administrator’s notice must further advise the Claimant that the Claimant’s failure to appeal the action to the Administrator in writing within the seventy-five (75) day period
will render the Administrator’s determination final, binding and conclusive; and 

  

	 	(e)	The name and address to whom the Claimant may forward an appeal. 

 If the Claimant should appeal to the Administrator, the Claimant, or the Claimant’s duly authorized representative, may submit, in writing, whatever issues and comments the Claimant or the Claimant’s duly authorized representative
feels are pertinent. The Claimant, or the Claimant’s duly authorized representative, may review pertinent Plan documents. The Administrator shall re-examine all facts to the appeal and make a final determination as to whether the denial of
benefits is justified under the circumstances. The Administrator shall advise the Claimant of its decision within sixty (60) days of the Claimant’s written request for review, unless special circumstances (such as a hearing) would make the
rendering of a decision within the sixty (60) day limit unfeasible, but in no event shall the Administrator render a decision respecting a denial for a claim of benefits later than one hundred twenty (120) days after its receipt of a
request for review. The Administrator’s notice to the Claimant shall set forth: 
  

	 	(i)	The specific reason for the denial; 

  

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	 	(ii)	Specific references to pertinent Plan provisions upon which the Administrator based its denial; 

  

	 	(iii)	A statement that the Claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to
the claim; and 

  

	 	(iv)	A statement that the Claimant has a right to bring a civil action under Section 502(a) of ERISA. 

 8.6 Governing Law 
 Except to the
extent pre-empted by federal law, the provisions of the Plan will be construed according to the laws of the State of New Jersey. 
 *        *        * 
  

					
	 /s/ ROY SMITH
	 		  	 12/15/2008

	ROY SMITH	 		  	DATE
			
	 /s/ MARILYN R. CHARLES
	 		  	 12/15/2008

	MARILYN R. CHARLES	 		  	DATE

  

 10Cytec Executive Supplemental Employees'  Retirement Plan

 Exhibit 10.2(k) 
 CYTEC EXECUTIVE SUPPLEMENTAL EMPLOYEES’ RETIREMENT PLAN 
 (As amended and restated effective
January 1, 2009) 
 Effective as of January 1, 1994, Cytec Industries Inc. (the “Company”) established the Cytec
Executive Supplemental Employees’ Retirement Plan (the “Plan”). The Plan is intended to constitute an unfunded pension plan maintained primarily for a select group of management or highly compensated employees which is exempt from
Parts 2, 3, and 4 of Title I of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). The Plan is not a qualified plan under the Internal Revenue Code of 1986, as amended (the “Code”), and benefits are paid
by or on behalf of the Company. 
 The Plan replaced the American Cyanamid Company and Subsidiaries Supplemental Employees’ Retirement
Plan (the “Cyanamid SERP”) for those employees of the Company who were covered by the Cyanamid SERP on December 31, 1993. Pursuant to the Transfer and Distribution Agreement dated December 17, 1993 between American Cyanamid
Company and Cytec Industries Inc., the Plan assumed the liabilities attributable to employees of the Company covered by the Cyanamid SERP on December 31, 1993 who became employees of the Company on January 1, 1994. 
 Employees hired by an Employer on and after April 1, 2007 shall not be eligible to participate in the Plan. 
 The Plan is amended and restated effective January 1, 2009. The Plan, as amended and restated, is intended to comply with Section 409A of the
Code, the regulations thereunder and related guidance issued by the Internal Revenue Service (“IRS”). 
 ARTICLE I

 Definitions 
 1.1 “Actuarial Equivalent” means an amount or benefit of equal value based on a
6 1/2% interest rate and the 1971 TPF&C Forecast Mortality Table (or, at the discretion of the Pension Administration
Committee, the most recent version of such table) with employee ages set back one year and beneficiary ages set back five years. 
 1.2 “Board of Directors” means the Board of Directors of the Company. 
 1.3 “Cause” means
(a) the willful and continued failure by a Participant substantially to perform the Participant’s duties with an Employer (other than any such failure resulting from the Participant’s incapacity due to physical or mental illness)
after a demand for substantial performance is delivered to the Participant by an Employer which specifically identifies the manner in which an 

  

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Employer believes that the Participant has not substantially performed such Participant’s duties, or (b) the willful engaging by the Participant in
conduct demonstrably injurious to an Employer. For purposes of this definition, no act, or failure to act, on the part of the Participant shall be considered willful unless done, or omitted to be done, by the Participant without reasonable belief
that the Participant’s action or omission was in the best interests of an Employer and was lawful. 
 1.3 “Change in
Control” shall be deemed to have occurred upon the date on which one of the following events occurs: 
  

	 	(a)	Any one person, or more than one person acting as a group, acquires ownership of stock of the Company that, together with stock held by such person or group, constitutes more than
50% of either the total fair market value or total voting power of the stock of the Company; or 

  

	 	(b)	Any one person, or more than one person acting as a group, acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by such person or
persons) ownership of stock of the Company possessing 35% or more of the total voting power of the Company; or 

  

	 	(c)	A majority of participants of the Board is replaced during any 12-month period by directors whose appointment or election is not recommended by a majority of the participants of the
Board prior to the date of the appointment or election; or 

  

	 	(d)	Any one person, or more than one person acting as a group, acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by such person or
persons) assets from the Company that have a total gross fair market value equal to or more than 60% of the total gross fair market value of all of the assets of the Company immediately prior to such acquisition. 

 1.4 “Code” means the Internal Revenue Code of 1986, as amended. 
 1.5 “Company” means Cytec Industries Inc. 
 1.6 “Compensation Committee” means the Compensation and Management Development Committee of the Board of Directors. 
 1.7 “Compensation” means base compensation as defined in the Employees’ Retirement Plan plus actual cash bonuses paid to a Participant pursuant to the IC Plan up to 1/3 of base compensation,
except to the extent Section 3.1 of the Plan requires use of Target ICP, without consideration of the limit on compensation under Section 401(a)(17) of the Code, and including all compensation which would have otherwise been paid but for
the fact that receipt is deferred to a subsequent year; provided, however, that deferred compensation paid in a subsequent year shall not again be included as Compensation for purposes of computing benefits hereunder and; provided 

  

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further that for purposes of determining Compensation for the year of a Participant’s termination of employment, for the year that the Participant
commences Plan Benefits on account of Total and Permanent Disability, and for any projected Years of Service, reference to a Participant’s “salary or wages” (in Section 1.14 of the Employees’ Retirement Plan) at
September 1 or at the “prior September 1” shall be deemed to refer, instead, to a Participant’s final salary rate immediately prior to termination of employment. 
 1.8 “Cyanamid Excess Plan” means the American Cyanamid Company and Subsidiaries ERISA Excess Retirement Plan as in effect on
December 31, 1993. 
 1.9 “Cyanamid SERP” means the American Cyanamid Company and Subsidiaries Supplemental Employees
Retirement Plan as in effect on December 31, 1993. 
 1.10 “Eligible Employee” means any person elected as an Officer
prior to April 1, 2007 and any other key person who was employed by an Employer who was elected as a Participant prior to April 1, 2007. 
 1.11 “Employees’ Retirement Plan” means the Cytec Salaried and Nonbargaining Employees’ Retirement Plan, as amended from time to time. 
 1.12 “Employer” means the Company, D Aircraft Products, Inc., Cytec Engineered Materials Inc., any successor thereto, and any of the Company’s subsidiaries which adopts the Plan with the consent
of the Board of Directors. 
 1.13 “Excess Plan” means the Cytec Excess Retirement Benefit Plan. 
 1.14 “Executive Committee” means the Executive Committee of the Company as provided for in the resolutions adopted by the Board of
Directors or any committee which succeeds the responsibilities of the Executive Committee. 
 1.15 “Good Reason” shall mean:

  

	 	(a)	A change in assignment resulting in the assignment to a Participant of substantially reduced responsibilities compared with those assigned to the Participant prior to such change,
or any change in the Participant’s status, authority or position which represents a demotion (actual or de facto) from the Participant’s status, authority or position immediately prior to such change, except in connection with the
termination of Participant’s employment because of death or Retirement, by the Company for Total and Permanent Disability or Cause, or by the Participant other than for a Good Reason enumerated in any of the following subsections of this
Section 1.15 of the Plan; 

  

	 	(b)	The assignment to a Participant of duties inconsistent with the Participant’s responsibilities prior to such assignment, unless such new duties are consistent with a position
of equal or greater status, authority, and position; 

  

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	 	(c)	A reduction in the base salary of a Participant as the same may be increased from time to time; 

  

	 	(d)	A failure to continue the IC Plan (or a plan providing substantially similar benefits) as the same may be modified from time to time but in a form not less favorable than as of the
date of adoption of this Plan, or a failure to continue a Participant as a participant in the IC Plan on a basis consistent with the basis on which the IC Plan is administered as of such date; 

  

	 	(e)	A failure to pay a Participant any portion of the Participant’s current or deferred compensation within seven (7) days of the date such compensation is due;

  

	 	(f)	The relocation of the principal executive offices of the Company to a location more than 50 miles from the location of the present executive offices or outside of New Jersey, or
requiring a Participant to be based anywhere other than the principal executive offices (or, if a Participant is not based at such executive offices, requiring such Participant to be based at another location not within 50 miles of such location)
except for required travel on business to an extent substantially consistent with the Participant’s duties and responsibilities, or in the event of consent to any such relocation of the base location of a Participant the failure to pay (or
provide reimbursement for) all expenses of such Participant incurred relating to a change of principal residence in accordance with the applicable personnel policies of the Company in effect as of the date of adoption of this Plan;

  

	 	(g)	The failure to continue in effect any benefit or compensation plan (including but not limited to the Retirement Plan, the Long-Term Disability Plan, the IC Plan, stock option and
performance stock/cash features of the 1993 Stock Award and Incentive Plan (or of any subsequent and/or substitute plan)), the Employees Savings and Profit Sharing Plan (including the Supplemental Savings and Profit Sharing Plan), pension plan
(including but not limited to, the Supplemental, Executive Supplemental, and Excess Retirement Plans), life insurance plan, health and accident plan, disability or vacation plan in which a Participant is participating, or the taking of any action
which would adversely affect participation (including the Participant’s eligibility to participate, the amount of the Participant’s benefits, and the level of the Participant’s participation relative to other participants) in or
materially reduce benefits under any of such plans, or the failure to fund any “rabbi trust” created for the payment of any of the foregoing benefits, when, and to the extent, required by the terms of any such trust, unless such action is
required pursuant to law or unless substantially similar benefits are continued in the aggregate under other plans, programs or arrangements; 

  

	 	(h)	The failure to obtain the assumption of or an agreement to carry out the terms of this Plan by any successor; or 

  

	 	(i)	Any purported termination of a Participant’s employment which is not effected pursuant to a Notice of Termination as defined in the Cytec Industries Inc. Executive Income
Continuity Plan. 

  

 -4- 

 1.16 “Grandfathered Participant” means an Eligible Employee included on the
Grandfathered Participant Schedule adopted by the Compensation Committee who (a) had an accrued benefit under the Cyanamid SERP on December 31, 1993, or (b) the Compensation Committee elects to grandfather status and grants an accrued
benefit under this Plan equal to the benefit the Eligible Employee would have had under the Cyanamid SERP on December 31, 1993 if the Eligible Employee had been a participant of the Cyanamid SERP on such date. 
 1.17 “IC Plan” means the existing system of annual cash bonuses payable to Company employees pursuant to which annual target bonuses are
established based upon job levels and payments of bonuses as a percentage of such targets are made based upon Company, business group and individual performance. 
 1.18 “Normal Retirement Date” means the Normal Retirement Date as defined in the Employees’ Retirement Plan. 
 1.19 “Officer” means those individuals elected as officers of the Company by its Board of Directors including the Chairman, any Vice Chairman, President, and any Vice President, Treasurer and
Controller and also including any President of any Business Unit designated as an Officer of the Company by the Board of Directors but not including Assistant Officers. 
 1.20 “Participant” means an Eligible Employee who becomes a Participant in the Plan pursuant to Article II. 
 1.21 “Past Service Plan” means the Cytec Past Service Retirement Plan. 
 1.22
“Pension Administration Committee” means the Pension Administration Committee created by the Board of Directors, and any successor thereto. 
 1.23 “Pension Plan Benefit” means the aggregate annual retirement benefit payable to or on account of a Participant from the Retirement Plans. 
 1.24 “Plan” means this Cytec Executive Supplemental Employees’ Retirement Plan, as set forth herein, as amended from time to time.

 1.25 “Plan Benefit” means the amount of a Participant’s annual retirement benefit computed in accordance with the
terms of this Plan. 
 1.26 “Plan Year” means each twelve (12) consecutive month period commencing each January 1
and ending on the following December 31. 
 1.27 “Retirement Plans” means the Past Service Plan and the Employees’
Retirement Plan. 
 1.28 “Separation from Service” occurs on the date that the Participant dies, retires, or otherwise has a
termination of employment with an Employer (within the meaning of Treasury Regulation Section 1.409A-1). 
  

 -5- 

 1.29 “SERP” means the Cytec Supplemental Employees’ Retirement Plan. 
 1.30 “Target ICP” shall mean target incentive compensation under the IC Plan applicable to the job level of such Participant,
irrespective of the amount, if any, of such compensation actually received by the Participant, utilizing target incentive compensation as of the date the Participant retires (in lieu of the prior September 1 rate) for purposes of determining
compensation for the year of a Participant’s termination of employment, for the year a Participant commences Plan Benefits on account of Total and Permanent Disability, and for any projected Years of Service. 
 1.31 “Total and Permanent Disability” means that a Participant is unable to engage in any substantial gainful activity by reason of any
medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not les than 12 months. 
 1.32 “Years of Service” means Years of Service as defined under the Employees’ Retirement Plan, which includes Years of Service credited for purposes of the Past Service Plan. 
 1.33 For purposes of this Plan, unless the context requires otherwise, the masculine includes the feminine, the singular the plural, and vice-versa. Any
reference to “Section” or “Article” shall mean the indicated section or article of this Plan unless otherwise specified. 
 ARTICLE II 
 Participation 
 2.1 Election 
 An Eligible Employee will become a Participant in the Plan effective as of the date the
Compensation Committee approves the election of the Eligible Employee to participate in the Plan. A Grandfathered Participant will become a Participant effective as of the date the Compensation Committee approves the Eligible Employee’s
election to Grandfathered Participant status; provided, however, a Grandfathered Participant will not accrue any benefits under this Plan in excess of those set forth on the Grandfathered Participant Schedule. If the Compensation
Committee approves the election of a Grandfathered Participant to participate in the Plan as a full Participant, the Grandfathered Participant shall cease to be a Grandfathered Participant and shall not be entitled to the benefit set forth on the
Grandfathered Participant Schedule, but shall instead accrue benefits in accordance with the formula set forth in Section 3.1 of the Plan for Participant who are not Grandfathered Participants. 
 An employee who is hired by an Employer on or after April 1, 2007, shall not become a Participant in the Plan. With respect to an employee who is
rehired by an Employer on or after April 1, 2007, and was previously a Participant in the Plan, such Participant’s service with, and Compensation from, an Employer on or after April 1, 2007 shall not be taken into account for purpose
of determining the Plan Benefit under Section 3.1 of the Plan. 
  

 -6- 

 2.2 Change in Control 
 Upon the occurrence of a Change in Control, each Officer who is an Eligible Employee shall become, automatically, a full Participant. 
 2.3 Continuance of Participation 
 After an individual becomes a Participant of this Plan, the Participant’s membership shall continue until death, the termination of employment by the Participant other than by retirement hereunder, the termination by the Company of the
Participant’s employment for Cause, or the date the Participant’s Employer ceases to be a member of the controlled group of corporations which includes the Company; provided that after a Change in Control the Participant’s membership
shall continue until death or until the termination of employment for Cause. 
 ARTICLE III 
 Plan Benefit 
 3.1 Amount of Plan
Benefit 
  

	 	(a)	The amount of a Participant’s Plan Benefit shall be equal to (i) plus (ii) plus (iii), except that a Participant who is only a Grandfathered Participant shall be
entitled only to the Plan Benefit specified in (iv), as follows: 

  

	 	(i)	1.33% x the Participant’s Compensation for each Year of Service after December 31, 1993 and before January 1, 2008, including (subject to (v), below) Target ICP for
those years that Target ICP exceeded 1/3 of base Compensation, and which is in excess of the amount payable under Section 3.1(b)(2) of the Employees’ Retirement Plan and under the provisions of the Excess Plan and the SERP which provide
for the related excess and supplemental benefits; plus 

  

	 	(ii)	1.33% x the number of projected Years of Service to age 65 (not to exceed 5) x the Participant’s final year of Compensation, including (subject to (v), below) Target ICP; plus

  

	 	(iii)	 1.67% x Years of Service credited under the American Cyanamid Company Employees’ Retirement Plan as of December 31, 1993 x final average compensation,
including (subject to (v), below) Target ICP, where final average compensation equals the Participant’s average annual Compensation including (subject to (v), below) Target ICP based on the three calendar years 

  

 -7- 

	 	 
out of the last ten calendar years prior to January 1, 2004 which yields the highest average; minus the sum of the Participant’s accrued benefits
under the Past Service Plan and under the “roll-up” formula of Section 3.1(b)(1) of the Employees’ Retirement Plan (including any portion of such “roll-up” benefit which is payable under the Excess Plan and/or the
SERP), before Social Security offset; or 

  

	 	(iv)	In the case of a Participant who is only a Grandfathered Participant, the Grandfathered Participant’s accrued benefit, if any, as reflected on the Grandfathered Participant
Schedule. 

  

	 	(v)	In the case of a Participant whose employment terminates on or after January 1, 1999, if for any year (commencing with the year which is five years prior to the later of the
year in which the Participant (x) first becomes a Participant, including a Grandfathered Participant, or (y) attains [or, but for death would have attained] age 55) Target ICP is less than 1/3 of base Compensation, the ICP-based component
of the Plan Benefit for such year under paragraph A, B and C above, shall be computed using the higher of (x) Target ICP or (y) actual ICP up to 1/3 of base Compensation. 

  

	 	(b)	There is no reduction under subsections (a)(1), (a)(ii), (a)(iii) or (a)(iv) above for early commencement for benefits commencing on or after a Participant’s attainment of age
60 or commencing at any earlier date if a Participant’s employment is terminated within two years after a Change in Control provided that such Participant’s employment is terminated either (i) by an Employer or (ii) by the
Participant for Good Reason. The amounts payable pursuant Section 3.1(a)(1), (a)(ii), (a)(iii) or (a)(iv) are subject to reduction for commencement prior to age 60 in accordance with the terms of the Retirement Plan, except as provided in the
prior sentence in the case of a Change in Control. 

  

	 	(c)	For purposes of preventing a reduction for early commencement of benefits when and as provided above, there shall be added to the amounts payable to a Participant (other than a
Grandfathered Participant) under Sections 3.1(a)(1), (a)(ii), (a)(iii) above, or to the amounts payable to a Grandfathered Participant under Section 3.1(a)(iv), above, respectively, the amount of any reduction for early commencement in such
Participant’s benefits under the related provisions of the Past Service Plan, the Employees’ Retirement Plan, the Excess Plan and the SERP, as the case may be, which occurs at an age where such a reduction does not occur under this
Section 3.1 of the Plan. 

  

	 	(d)	For purposes of Section 3.1(a)(ii) above, a Participant shall have five projected Years of Service (except that service shall not be projected beyond age 65).

  

 -8- 

 3.2 Total and Permanent Disability Benefit 
 An Officer who is an Eligible Employee and who incurs a Separation from Service as a result of Total and Permanent Disability shall automatically become a
Participant hereunder. A Participant who incurs a Separation from Employment as a result of Total and Permanent Disability shall be entitled to a Plan Benefit computed in accordance with Sections 3.1(a)(i), (a)(ii) and (a)(iii) of the Plan, if
applicable, reduced by the amount of any loss-of-time payments to which the Participant might be entitled under workers’ compensation laws, and excluding any portion of a Plan Benefit based on projected Years of Service unless approved by the
Committee or after a Change in Control. Plan Benefits hereunder shall not be reduced on account of early commencement. The Plan Benefit under this Section 3.2 of the Plan shall be paid in the form elected by Participant in accordance with
Article VI of the Plan. A Participant’s Plan Benefit pursuant to this Section 3.2 of the Plan shall be paid beginning six months after the Participant Separates from Service, provided that in no event will payment be made later than the
fifteenth day of the third calendar month following the date on which the Participant has been Separated from Service for six months. On the first business day of the seventh month following the Participant’s termination from employment, the
Participant shall receive a lump sum payment equal to the payments that would have been paid during the six-month suspension period described in the preceding sentence. 
 ARTICLE IV 
 Vesting 
 A Participant’s Plan Benefit shall be fully vested at all times; provided, however, that Plan Benefits hereunder are subject to divestment and shall
be forfeited if the Participant’s employment with an Employer is terminated for Cause. 
 ARTICLE V 
 Death Benefits 
 5.1 Standard Death
Benefit 
 If a Participant dies prior to incurring a Separation from Service, the
Participant’s surviving spouse or the Participant’s other designated beneficiary, shall receive a benefit calculated pursuant to Section 3.1 of the Plan adjusted as if the Participant had elected a Modified Spouse Option with 50%
survivor benefit, as if such Participant had retired on the date of the Participant’s death (irrespective of whether such Participant was eligible to retire on such date) and had survived to the first business day of the month immediately
following the Participant’s 60th birthday (if such date is subsequent to the actual date of death). If the Participant is at least age 55 on
the date of death, payment under this Section 5.1 of the Plan shall commence on the first business day of the month following the Participant’s death, but in no event later than the fifteenth day of the third calendar month following the
date on which the Participant dies. If the Participant is not at least age 55 on the date of death, 

  

 -9- 

 
payment shall commence on the first business day of the month following the date that the Participant would have attained age 55 if the Participant had
lived, but in no event later than the fifteenth day of the third calendar month following the date on which the Participant would have attained age 55. 
 5.2 Special Death Benefit 
 If an Officer who
is an Eligible Employee dies, and if, on the date of the death of such Employee, (i) the sum of the Eligible Employee’s age and Years of Service under the Employees’ Retirement Plan equal 65, and (ii) such spouse survives such
Eligible Employee, there shall be payable to such surviving spouse a benefit calculated in accordance with Section 3.1 of the Plan as if the Eligible Employee had elected a Modified Spouse Option with 50% survivor benefit, had retired on the
date of death (irrespective of whether such Eligible Employee was eligible to retire on such date) and had survived to the first business day of the month immediately following the Eligible Employee’s 60th birthday (if such date is subsequent to actual date of death). ). If the Participant is at least age 55 on the date of death, payment under this Section 5.2 of the Plan shall
commence on the first business day of the month following the Participant’s death, but in no event later the fifteenth day of the third calendar month following the date on which the Participant dies. If the Participant is not at least age 55
on the date of death, payment shall commence on the first business day of the month following the date that the Participant would have attained age 55 is the Participant had lived, but in no event later the fifteenth day of the third calendar month
following the date on which the Participant would have attained age 55. 
 ARTICLE VI 
 Form and Time of Payment 
 6.1 Time
of Payment 
 A Participant’s Plan Benefit shall be paid beginning on the later of (i) the first business day of the month
following the Participant’s attainment of age 55, or (ii) six months after the Participant Separates from Service (the “Payment Date”). In no event shall payment commence later than the fifteenth day of the third calendar month
following the Payment Date. If payment is made under subsection (ii), on the first business day of the seventh month following the Participant’s termination from employment, the Participant shall receive a lump sum payment equal to the payments
that would have been paid during the six-month suspension period described in the preceding sentence. 
 6.2 Form of Payment

 A Participant shall elect to have the Plan Benefit paid in one of the forms of payment described in this Section 6.2 of the Plan. A
Participant who has not commenced payment by December 31, 2008, shall elect a payment form no later than December 31, 2008. An Eligible Employee who is not a Participant in the Plan on December 31, 2008, shall make an election as to
form of payment within 30 days of becoming a Participant in the Plan. 
  

 -10- 

	 	(a)	Modified Spouse Option. An adjusted Plan Benefit payable for the Participant’s life with the provision that after the Participant’s death a percentage of the Plan
Benefit (10% to 100% in 10% increments, or 75%) shall be continued during the life of the Participant’s spouse (at the time of retirement) if the beneficiary survives the Participant. 

  

	 	(b)	Contingent Annuitant Option. An adjusted Plan Benefit payable for the Participant’s life, with the provision that after death a percentage of the Plan Benefit (10% to
100% in 10% increments, or 75%) shall be continued during the life of the Participant’s beneficiary (at the time of retirement), if the beneficiary survives the Participant. 

  

	 	(c)	Ten-Year Certain and Life Option. An adjusted Plan Benefit payable for the Participant’s life with the provision that in the event of the Participant’s death within
the shorter of ten years of the Participant’s life expectancy determined at the Participant’s annuity starting date, payment shall be continued for the duration of such ten-year or life expectancy period to the beneficiary designated by
the Participant. If such beneficiary does not survive such period, the commuted value equal to the Actuarial Equivalent of any payments remaining shall be paid to the legal representatives of the last to survive of the Participant and the
beneficiary. 

  

	 	(d)	Ten-Year Certain and Contingent Annuitant Option. An adjusted Plan Benefit payable for the Participant’s life with the provision that in the event of the
Participant’s death within the shorter of ten years or the Participant’s life expectancy determined at the annuity starting date payment shall be continued for the duration of such ten-year or life expectancy period to the beneficiary
designated by the Participant. At the end of the ten-year or life expectancy period, a percentage of the Plan Benefit without adjustment for the ten-year certain feature (10% to 90% in 10% increments) shall be continued during the life of the
Participant’s beneficiary (at the time of retirement), if the beneficiary survives the Participant. If the beneficiary does not survive the initial ten-year period, the commuted value equal to the Actuarial Equivalent of any payments remaining
shall be paid to the legal representatives of the last to survive of the Participant and the beneficiary. 

  

	 	(e)	Single Life Annuity. A annuity payable for the Participant’s life. 

 Prior to commencement of payment of a Participant’s Plan Benefit, the Participant may elect a 

  

 -11- 

 
different form of annuity, provided that the payments forms are actuarially equivalent. Such a change in annuity shall not be considered a change in the time
and form of a payment under Section 409A of the Code. In the event that a Participant does not make an election as to form of payment, the Plan Benefit shall be paid in the form of a single life annuity if the Participant is not married on the
benefit commencement date, and a joint and 50% survivor annuity (with the Participant’s spouse as the contingent annuitant) if the Participant is married on the benefit commencement date. 
 ARTICLE VII 
 Administration 
 7.1 Pension Administration Committee 
 The Pension Administration Committee shall supervise the daily management and administration of the Plan. The members of the Pension Administration Committee shall serve without compensation. 
 7.2 Responsibilities and Powers of the Pension Administration Committee and Compensation Committee 
  

	 	(a)	The Pension Administration Committee shall have the responsibility: 

  

	 	(i)	To administer the Plan in accordance with the terms hereof, and to exercise all powers specifically conferred upon the Pension Administration Committee hereby or necessary to carry
out the provisions thereof; and 

  

	 	(ii)	To keep all records relating to Participants of the Plan and such other records as are necessary for proper operation of the Plan. 

  

	 	(b)	The Compensation Committee shall be responsible for construing this Plan, which construction shall be conclusive, correcting any defects, supplying omissions, and reconciling
inconsistencies to the extent necessary to effectuate the Plan. 

 7.3 Operation of the Pension Administration Committee

 In carrying out the Pension Administration Committee’s functions hereunder: 
  

	 	(a)	The Pension Administration Committee may adopt rules and regulations necessary for the administration of the Plan and which are consistent with the provisions hereof.

  

	 	(b)	All acts and decisions of the Pension Administration Committee shall be approved by a majority of the members of the Pension Administration Committee and shall apply uniformly to
all Participants in like circumstances. Written records shall be kept of all acts and decisions. 

  

 -12- 

	 	(c)	The Pension Administration Committee may authorize one or more of its members to act on its behalf. The Pension Administration Committee may also delegate, in writing, any of its
responsibilities and powers to an individual(s) who is not a Pension Administration Committee member. 

  

	 	(d)	The Pension Administration Committee shall have the right to hire, at the expense of an Employer, such professional assistants and consultants as it, in its sole discretion, deems
necessary or advisable, including, but not limited to, accountants, actuaries, consultants, counsel and such clerical assistance as is necessary for proper discharge of its duties. 

 7.4 Indemnification 
 In addition to
any other indemnification that a fiduciary, including but not limited to a member of the Pension Administration Committee, the Compensation Committee or the Executive Committee, is entitled to, an Employer shall indemnify such fiduciary from all
claims for liability, loss or damage (including payment of expenses in connection with defense against such claim) arising from any act or failure to act which constitutes a breach of such individual’s fiduciary responsibilities with respect to
this Plan under any aspects of the law. 
 ARTICLE VIII 
 Miscellaneous 
 8.1 Benefits Payable by an Employer 
 All benefits payable under this Plan constitute an unfunded obligation of an Employer. Payments shall be made, as due, from the general funds of an
Employer. An Employer, at its option, may maintain one or more bookkeeping reserve accounts to reflect its obligations under the Plan and may make such investments as it may deem desirable to assist it in meeting with obligations. Nothing contained
in this Section 8.1 of the Plan shall limit the ability of an Employer to pay benefits hereunder through a Rabbi Trust. Any such investments shall be assets of an Employer subject to claims of its general creditors. No person eligible for a
benefit under this Plan shall have any right, title to interest in any such investments. 
 8.2 Amendment or Termination 

 

	 	(a)	 The Board of Directors reserves the right to amend, modify, or restate or terminate the Plan in accordance with this Section 8.2 of the Plan. No such action by
the Board of Directors shall reduce a Participant’s Plan Benefit accrued as of the time thereof. The provisions of this Section 8.2 of the Plan prohibiting an action by the Board of Directors which would reduce a Participant’s accrued
Plan Benefit cannot be amended without the consent of all Participants (including those who have retired). Any amendment to the Plan shall be made in writing by the Board of Directors, with or without a meeting, or shall be made in writing by the
Pension Administration 

  

 -13- 

	 	 
Committee, the Compensation Committee, or the Executive Committee, to the extent that Board of Directors has specifically delegated the authority to make
such amendment to the Plan the Pension Administration Committee, the Compensation Committee or the Executive Committee. 

  

	 	(b)	If the Plan is terminated, a determination shall be made of each Participant’s Plan Benefit as of the Plan termination date (determined in accordance with Section 8.2(a)
of the Plan). 

  

	 	(c)	No amendment or termination made within one year before a Change in Control and made while a Prospective Change in Control is pending may adversely affect any benefit that might at
any time be or become owing hereunder to a person who, immediately prior to the commencement of such Prospective Change in Control, was an Officer who is an Eligible Employee without the consent of such person (other than a benefit to any such
person who is the person, or part of the group, making the offer, or negotiating to make the offer, which constitutes the Prospective Change in Control). As used herein, the term “Prospective Change in Control” means (i) any offer
presented, directly or indirectly, to the Board of Directors of the Company which, if consummated, would constitute a Change in Control or (ii) any negotiation with the Board of Directors or any committee or representative thereof to make such
an offer (including the unilateral announcement of the terms on which such an offer would be made). 

 8.3 Status of
Employment 
 Nothing herein contained shall be construed as conferring any rights upon any Participant or any person for a continuation
of employment, nor shall it be construed as limiting in any way the right of an Employer to discharge any Participant or to treat the Participant without regard to the effect which such treatment might have upon the Participant. 
 8.4 Payments to Minors and Incompetents 
 If a Participant or beneficiary entitled to receive any benefits hereunder is a minor or is deemed by the Pension Administration Committee or is adjudged to be legally incapable of giving valid receipt and discharge for such benefits, they
will be paid to the duly appointed guardian of such minor or incompetent or to such other legally appointed person as the Pension Administration Committee might designate. Such payment shall, to the extent made, be deemed a complete discharge of any
liability for such payment under the Plan. 
 8.5 Authorized Payments 
 The Pension Administration Committee may at any time and from time to time require, as a condition precedent to making or authorizing the payment of any
benefit hereunder, evidence of the prospective payee’s right to receive such payment. Without limiting the generality of the foregoing, the Pension Administration Committee may require evidence of the date of birth of any Participant,
contingent annuitant or beneficiary, or of survival of a contingent annuitant or beneficiary. 
  

 -14- 

 8.6 Inalienability of Benefits 
 The right of any person to any benefit or payment under the Plan shall not be subject to voluntary or involuntary transfer, alienation or assignment, and,
to the fullest extent permitted by law, shall not be subject to attachment, execution, garnishment, sequestration or other legal or equitable process. In the event a person who is receiving or is entitled to receive benefits under the Plan attempts
to assign, transfer or dispose of such right, or if an attempt is made to subject said right to such process, such assignment, transfer or disposition shall be null and void. 
 8.7 Adjustment of Benefits 
 If the
date of birth or other data deemed by the Pension Administration Committee to be vital, with respect to any Participant, contingent annuitant or beneficiary shall be misstated, the Pension Administration Committee may limit the amount and date of
payment of benefits to any such person, the Participant’s contingent annuitant and/or other beneficiary (whether or not such person shall have theretofore retired in accordance with the Plan) to the reduced benefits which would be payable in
accordance with the correct information. In such case, payments of benefits made subsequent to the date of discovery of any such misstatement shall be adjusted for any excess or deficiency (based upon the correct facts) in the amount of benefits
theretofore paid to such person, the Participant’s contingent annuitant and/or other beneficiary. 
 8.8 Claim and Appeal
Procedure. This Section 8.8 of the Plan shall not apply with respect to benefits payable after a Change in Control. The Company shall appoint a person or persons to adjudicate claims and appeals under the Plan (the
“Administrator”). The Administrator shall provide adequate notice in writing to any Participant or to any beneficiary (the “Claimant”) whose claim for benefits under the Plan has been denied. The Administrator’s notice to
the Claimant shall set forth: 
  

	 	(a)	The specific reason for the denial; 

  

	 	(b)	Specific references to pertinent Plan provisions upon which the Administrator based its denial; 

  

	 	(c)	A description of any additional material and information that is needed; 

  

	 	(d)	That any appeal the Claimant wishes to make of the adverse determination must be in writing to the Administrator within seventy-five (75) days after receipt of the
Administrator’s notice of denial of benefits. The Administrator’s notice must further advise the Claimant that the Claimant’s failure to appeal the action to the Administrator in writing within the seventy-five (75) day period
will render the Administrator’s determination final, binding and conclusive; and 

  

	 	(e)	The name and address to whom the Claimant may forward an appeal. 

  

 -15- 

 If the Claimant should appeal to the Administrator, the Claimant, or the Claimant’s duly authorized
representative, may submit, in writing, whatever issues and comments the Claimant or the Claimant’s duly authorized representative feels are pertinent. The Claimant, or the Claimant’s duly authorized representative, may review pertinent
Plan documents. The Administrator shall re-examine all facts to the appeal and make a final determination as to whether the denial of benefits is justified under the circumstances. The Administrator shall advise the Claimant of its decision within
sixty (60) days of the Claimant’s written request for review, unless special circumstances (such as a hearing) would make the rendering of a decision within the sixty (60) day limit unfeasible, but in no event shall the Administrator
render a decision respecting a denial for a claim of benefits later than one hundred twenty (120) days after its receipt of a request for review. The Administrator’s notice to the Claimant shall set forth: 
  

	 	(i)	The specific reason for the denial; 

  

	 	(ii)	Specific references to pertinent Plan provisions upon which the Administrator based its denial; 

  

	 	(iii)	A statement that the Claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to
the Claimant’s claim; and 

  

	 	(iv)	A statement that the Claimant has a right to bring a civil action under Section 502(a) of ERISA. 

  

 -16- 

 8.9 Governing Law 
 Except to the extent pre-empted by federal law, the provisions of the Plan will be construed according to the laws of the State of New Jersey. 
 *    *    * 
  

					
	 /s/ ROY SMITH
	 		 	 12/15/2008

	ROY SMITH	 		 	DATE
			
	 /s/ MARILYN R. CHARLES
	 		 	 12/15/2008

	MARILYN R. CHARLES	 		 	DATE

  

 -17-

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