Document:

Fourth Amendment to Employees' Retirement Program Part I

 Exhibit 10.6d 
 FOURTH AMENDMENT OF 
 FMC TECHNOLOGIES, INC.
EMPLOYEES’ RETIREMENT PROGRAM 
 PART I SALARIED AND NONUNION HOURLY EMPLOYEES’ RETIREMENT PLAN

 WHEREAS, FMC Technologies, Inc. (the “Company”) maintains the FMC Technologies, Inc. Employees’
Retirement Program Part I Salaried and Nonunion Hourly Employees’ Retirement Plan (the “Plan”); 
 WHEREAS, amendment of the Plan is now considered desirable to clarify the Plan language to reflect certain administrative practices and include reference to applicable regulations; and 
 WHEREAS, this 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, effective May 1, 2001, in the following respects: 
 1. The definition of Hour of Service contained in Article I of the Plan is hereby amended to read as follows: 
 “Hour of Service means each hour for which an Employee is directly or indirectly paid or entitled to
payment by the Company or an Affiliate for the performance of duties and, for each FMC Participant, each hour of service credited to such individual under the FMC Plan as of the date prior to the Effective Date for such FMC Participant. Hours of
Service will be credited to the Employee for the computation period in which the duties are performed. To the extent required by law, Hour of Service will include each hour for which an Employee is paid, or entitled to payment, by the Company or an
Affiliate on account of a period of time during which no duties are performed (irrespective of whether the employment relationship has terminated) due to vacation, holiday, illness, incapacity (including disability), layoff, jury duty, military duty
or leave of absence. No more than 501 Hours of Service will be credited for any single continuous period (whether or not such period occurs in a single computation period). Hours of Service for these purposes will be calculated and credited pursuant
to section 2530.200b-2 of the Department of Labor Regulations which is incorporated herein by this reference. Also, to the extent required by law, Hours of Service will include each hour for which

 
back pay, irrespective of mitigation of damages, is either awarded or agreed to by the Company or an Affiliate, provided, however, the same hours of service will not be credited. These hours will
be credited to the Employee for the computation period or periods to which the award or agreement pertains rather than the computation period in which the award, agreement or payment is made.” 
 2. The definition of Participant contained in Article I of the Plan is hereby amended to read as follows: 
 “Participant means an Eligible Employee who has begun, but not ended, his or her participation in the Plan
pursuant to the provisions of Article II and, unless specifically indicated otherwise, shall include each FMC Participant. If a Participant who is vested in the Participant’s accrued benefit on his or her Severance from Service Date is
subsequently reemployed after his or her Severance from Service Date, he or she will become a Participant immediately upon reemployment. If a Participant who is not vested in the Participant’s accrued benefit on his or her Severance from
Service Date is subsequently reemployed after his Severance from Service Date, he or she will become a Participant immediately upon reemployment, unless his or her Period of Severance is greater than or equal to five One-Year Periods of
Severance.” 
 3. The definition of Period of Service contained in Article I of the Plan is hereby amended to
read as follows: 
 “Period of Service means the period commencing on the Effective Date and
ending on the Severance from Service Date including, for each FMC Participant, periods of service credited under the FMC Plan as of the date immediately prior to the relevant Effective Date for such FMC Participant. All Periods of Service (whether
or not consecutive) shall be aggregated. For a Participant who is not immediately eligible to participate in the Plan under the terms of Section 2.1 hereof, Period of Service shall include service from and after the first day of the period in
which they become eligible to participate in the Plan pursuant to the terms of Section 2.1, but in no event earlier than the Participant’s date of hire by the Company or its Affiliates. Notwithstanding the foregoing, if an Employee incurs
a One-Year Period of Severance at a time when he or she has no vested interest under the Plan and the Employee does not perform an Hour of Service within 5 years after the beginning of the One-Year Period of Severance, the Period of Vesting Service
prior to such One-Year Period of Severance shall not be aggregated.” 
 4. Section 2.1 Eligibility and
Commencement of Participation is hereby amended by eliminating the word “permanent” in Subsection (b) and replacing it with the word “regular.” 
  

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 5. Section 3.1.3 Increases for Employee Contributions: is hereby amended to read
as follows: 
 “3.1.3 Increases for Employee Contributions: Employee Contributions and Interest credited to a
Participant are not paid as an accrued benefit, but rather may be withdrawn by the Participant at any time pursuant to Section 5.2 hereof. However, if a Participant does not elect to withdraw the Employee Contributions and Interest credited to
the Participant either at the time of Retirement or before, pursuant to the terms of Section 5.2 hereof, a Participant’s Normal Retirement Benefit shall be increased $1 for each $120.00 of unwithdrawn Employee Contributions credited to the
Participant.” 
 6. Section 3.1.4 Reductions for Certain Benefits: is hereby amended to read as follows:

 “3.1.4 Reductions for Certain Benefits: A Participant’s Normal Retirement Benefit shall be reduced by the
value of (a) for FMC Participants, the FMC Participant’s vested benefit accrued under the FMC Plan as of November 30, 1985 (to the extent funded by the Aetna nonparticipating annuity contract or the Prudential nonparticipating annuity
contract) and (b) any vested benefit payable to the Participant under the FMC Plan or any pension, profit sharing or other retirement plan other than the Savings Plan (hereinafter called “Duplicate Benefit Plan”) which is attributable
to any period which counts as Credited Service under this Plan. For purposes of determining the amount of any Duplicate Benefit Plan reduction, the vested benefit under the Duplicate Benefit Plan shall be converted to a form which is identical to
the form of benefit which is to be paid under this Plan, including any applicable reductions for early commencement as determined under the Plan or the Duplicate Benefit Plan, as applicable. Such values will be determined as of the earlier of the
Annuity Starting Date under the Plan, or the date distribution of such vested benefit was made or commenced under the Duplicate Benefit Plan, as applicable.” 
 7. Section 3.2.4 Adjustments to Early Retirement Benefit: is hereby amended to read as follows: 
 “3.2.4 Adjustments to Early Retirement Benefit: To the extent applicable, a Participant’s Early Retirement Benefit shall be increased as provided in Section 3.1.3 except that the
number of dollars of unwithdrawn Employee Contributions and Interest required to provide $1 of monthly retirement benefits shall be increased by $3 for each full year by which the commencement of the Participant’s Early Retirement Benefit
precedes the Participant’s Normal Retirement Date. Partial years shall be prorated on the basis of $0.25 per month.” 
  

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 8. Section 3.3.1 Deferred Retirement: is hereby amended to read as follows:

 “3.3.1 Deferred Retirement: A Participant who retires after the Normal Retirement date shall be entitled to
receive a Normal Retirement Benefit determined under Section 3.1.2 commencing as of the first day of the month coinciding with or next following the date the Participant actually retires. Each Participant shall accrue additional benefits
hereunder after the Participant’s Normal Retirement Date with respect to the portion of the Normal Retirement Benefit which is attributable to contributions by the Company, and the amount, if any, of Employee Contributions and Interest required
to provide $1 of monthly retirement benefit under Section 3.1.3 shall be decreased by $3 for each full year by which the commencement of the Normal Retirement Benefit follows the Normal Retirement Date. Partial years shall be prorated on the
basis of $0.25 per month. If a Participant who is not employed by the Company or its Affiliates on his or her Normal Retirement Date defers his or her Normal Retirement Benefit beyond his or her Normal Retirement Date, the Normal Retirement Benefit
will be paid retroactive to the Participant’s Normal Retirement Date as soon as reasonably practicable after the Plan Administrator learns of the deferred benefit.” 
 9. Section 3.3.2 Distribution Requirements is hereby amended by adding the following sentence to the end thereof: 
 “To the extent required by Code Section 401(a)(9)(C)(iii), or any other applicable guidance issued thereunder,
with respect to a Participant who retires in a calendar year after the calendar year in which the Participant attains age 70  1/
2, the actuarial increase in such Participant’s accrued benefit mandated by Code Section 401(a)(9)(C)(iii) shall be implemented notwithstanding any suspension
of benefits provision applicable to such Participant pursuant to ERISA 203(a)(3)(B), Code Section 411(A)(3)(B) and the terms of the Plan.” 
 10. Section 4.2 Amount of Termination Benefit is hereby amended to read as follows: 
 “4.2 Amount of Termination Benefit  
 Except as otherwise
provided in the applicable Supplement or in Section 3.6, a Participant’s monthly Termination Benefit shall be determined pursuant to Section 3.1.2 and 3.1.3 as in effect on the date the Participant terminates employment, except that
the following adjustments shall be made if payment of the Participant’s Termination Benefit is to commence before the Normal Retirement Date: 
  

	 	(a)	 the amount computed pursuant to Section 3.1.2 shall be reduced by  1/2 of 1% for each month between the Annuity Starting Date and the
Normal Retirement Date; 

  

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	 	(b)	the amount of Employee Contributions and Interest required to provide $1 of monthly retirement benefit under Section 3.1.3 shall be increased by $3 for each full
year by which the Annuity Starting Date precedes the Normal Retirement Date, and partial years shall be prorated on the basis of $0.25 per month; 

  

	 	(c)	 notwithstanding Subsection (a) of this Section 4.2, the amounts computed pursuant to Section 3.1.2 shall be reduced by  1/3 of 1% for each month in excess of 36 by which the
Annuity Starting Date precedes the Participant’s 65th birthday if: 

  

	 	(i)	the Participant’s combined age and Years of Vesting Service equal to at least 65, and the Participant ceases to be an Employee (1) because of the permanent
shutdown of a single site of employment or one or more facilities or operating units within a single site of employment or (2) in connection with a permanent reduction in force; or 

  

	 	(ii)	the Participant has Years of Vesting Service attributable to employment with FMC before January 1, 1989, has attained age 40 and permanently ceases to be an
Employee because of a specified permanent shut down of a single site of employment resulting in the termination of employment of not more than 20 Participants at that employment site. 

  

	 	(d)	If a Participant ceases to be an Employee (1) because of the permanent shut down of a single site of employment of one or more facilities or operating units within
a single site of employment, or (2) in connection with a permanent reduction in force, solely for purposes of determining a Participant’s eligibility for Early Retirement, a Participant with 10 Years of Credited Service shall have added to
his or her age the number of weeks of pay he or she receives that are attributable to severance pay, unused vacation pay and accrued vacation pay. 

  

	 	(e)	Notwithstanding anything herein to the contrary, for purposes of determining a Participant’s total combined age and Years of Vesting Service under
Section 4.2(c) and 4.2(d), a partial month of age or Period of Service shall be counted as a whole month, and fractional years of age and Years of Vesting Service shall be taken into account.” 

  

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 11. Section 5.1 Employee Contributions is hereby amended by adding the
following sentence to the end thereof: 
 “All Employee Contributions transferred from the FMC Plan are fully vested and
nonforfeitable and will be paid in accordance with the terms of Sections 5.2, 5.3 or 5.4 or in accordance with the terms of Section 3.1.3, 3.2.4 or 3.3.1, as applicable.” 
 12. Section 9.3 Committee Members is hereby amended by deleting the phrase “Chief Executive Officer” and
replacing it with the phrase “Board of Directors” in each place where it appears. 
 13. Section 12.8 Small
Annuities is hereby amended to read as follows: 
 “12.8 Small Annuities 
 If the sum of (a) the lump sum Actuarial Equivalent value of a Normal, Early, or Deferred Retirement Benefit under
Article III, Termination Benefit (payable at the Participant’s Normal Retirement Date) under Article IV, or Survivor’s Benefit under Article VII, excluding any Aetna or Prudential nonparticipating annuity; and (b) the lump sum
Actuarial Equivalent value of any Aetna or Prudential nonparticipating annuity is equal to $5,000 (or such other amount as may be prescribed in or under the Code) or less, such amounts shall be paid in a lump sum as soon as administratively
practicable following the Participant’s retirement, termination of employment or death. 
 For lump sum
distributions paid on or after January 1, 2003 if the Participant is thereafter reemployed by the Company, the Participant’s subsequent benefit will be reduced by the lump sum Actuarial Equivalent value of the lump sum distribution
previously paid to the Participant. For lump sum distributions paid prior to January 1, 2003, if a Participant who has received such a lump sum distribution is thereafter reemployed by the Company, the Participant shall have the option to repay
to the Plan the amount of such distribution, together with interest at the rate of 5% per annum (or such other rate as may be prescribed pursuant to section 411(c)(2)(C)(III) of the Code), compounded annually from the date of the distribution
to the date of repayment. If a reemployed Participant does not make such repayment, no part of the Period of Service with respect to which the lump sum distribution was made shall count as Years of Vesting Service or Years of Credited Service.”

 14. Section 12.11 Claims Procedure is hereby amended to read as follows: 
 “12.11 Claims Procedure 
 12.11.1 Any application for benefits under the Plan and all inquiries concerning the Plan shall be submitted to the Company
at such address as may be

  

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announced to Participants from time to time. Applications for benefits shall be in the form and manner prescribed by the Company and shall be signed by the Participant or, in the case of a
benefit payable after the death of the Participant, by the Participant’s Surviving Spouse or Beneficiary, as the case may be. 
 12.11.2 The Plan Administrator shall give written or electronic notice of its decision on any application to the applicant within 90 days of receipt of the application. Electronic notification may be
used, at the discretion of the Plan Administrator (or Review Panel, as discussed below). If special circumstances require a longer period of time, the Plan Administrator shall provide notice to the applicant within the initial 90-day period,
explaining the special circumstances requiring the extension of time and the date by which the Plan expects to render a benefit determination. A decision will be given as soon as possible, but no later than 180 days after receipt of the application.
In the event any application for benefits is denied in whole or in part, the Plan Administrator shall notify the applicant in writing or electronic notification of the right to a review of the denial. Such notice shall set forth, in a manner
calculated to be understood by the applicant: the specific reasons for the denial; the specific references to the Plan provisions on which the denial is based; a description of any information or material necessary to perfect the application and an
explanation of why such material is necessary; and a description of the Plan’s review procedures and the applicable time limits to such procedures, including a statement of the applicant’s right to bring a civil action under ERISA
Section 502(a) following a denial on review. 
 12.11.3 The Company shall appoint a “Review
Panel,” which shall consist of three or more individuals who may (but need not) be employees of the Company. The Review Panel shall be the named fiduciary that has the authority to act with respect to any appeal from a denial of benefits under
the Plan, and shall hold meetings at least quarterly, as needed. The Review Panel shall have the authority to further delegate its responsibilities to two or more individuals who may (but need not) be employees of the Company. 
 12.11.4 Any person (or his authorized representative) whose application for benefits is denied in whole or in part may appeal
the denial by submitting to the Review Panel a request for a review of the application within 60 days after receiving notice of the denial. The Review Panel shall give the applicant or such representative the opportunity to submit written comments,
documents, and other information relating to the claim; and an opportunity to review, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other relevant information (other than legally privileged
documents) in preparing such request for review. The request for review shall be in writing and addressed as follows: “Review Panel of the Employee Welfare Benefits Plan Committee, 200 East Randolph Drive, Chicago, Illinois 60601.” The
request for review shall set forth all of the grounds on which it is based, all facts in support of the request and any other matters that the applicant deems pertinent. The Review Panel may require the applicant to submit such additional facts,
documents, or other material as it may deem necessary or appropriate in

  

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making its review. The Review Panel will consider all comments, documents, and other information submitted by the applicant regardless of whether such information was submitted or considered
during the initial benefit determination. 
 12.11.5 The Review Panel shall act upon each request for review
within 60 days after receipt thereof. If special circumstances require a longer period of time, the Review Panel shall so notify the applicant within the initial 60 days, explaining the special circumstances requiring the extension of time and the
date by which the Review Panel expects to render a benefit determination. A decision will be given as soon as possible, but no later than 120 days after receipt of the request for review. The Review Panel shall give notice of its decision to the
Company and the applicant. In the event the Review Panel confirms the denial of the application for benefits in whole or in part, such notice shall set forth in a manner calculated to be understood by the applicant, the specific reasons for such
denial and specific references to the Plan provisions on which the decision is based. If such an extension of time for review is required because of special circumstances, the Plan Administrator shall provide the applicant with written notice of the
extension, describing the special circumstances and the date as of which the benefit determination will be made, prior to the commencement of the extension. In the event the Review Panel confirms the denial of the application for benefits in whole
or in part, such notice shall set forth in a manner calculated to be understood by the applicant: the specific reasons for such denial; the specific references to the Plan provisions on which the decision is based; the applicant’s right, upon
request and free of charge, to receive reasonable access to, and copies of, all documents and other relevant information (other than legally-privileged documents and information); and a statement of the applicant’s right to bring a civil action
under ERISA Section 502(a). 
 12.11.6 The Review Panel shall establish such rules and procedures,
consistent with ERISA and the Plan, as it may deem necessary or appropriate in carrying out its responsibilities under this Section 12.11. 
 12.11.7 To the extent an application for benefits as a result of a Disability requires the Plan Administrator or the Review Panel, as applicable, to make a determination of Disability under the terms of
the Plan, such determination shall be subject to all of the general rules described in this Section 12.11, except as they are expressly modified by this Section 12.11.7. 
  

	 	(a)	 If the applicant’s claim is for benefits as a result of Disability, then the initial decision on a claim for benefits will be made within 45 days
after the Plan receives the applicant’s claim, unless special circumstances require additional time, in which case the Plan Administrator will notify the applicant before the end of the initial 45-day period of an extension of up to 30 days. If
necessary, the Plan Administrator may notify the applicant, prior to the end of the initial 30-day extension period, of a second extension of up to 30 days. If an extension is due to the

  

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applicant’s failure to supply the necessary information, the notice of extension will describe the additional information and the applicant will have 45 days to provide the additional
information. Moreover, the period for making the determination will be delayed from the date the notification of extension was sent out until the applicant responds to the request for additional information. No additional extensions may be made,
except with the applicant’s voluntary consent. The contents of the notice shall be the same as described in Section 12.11.2 above. If a benefit claim as a result of Disability is denied in whole or in part, the applicant (or his authorized
representative) will receive written or electronic notification, as described in Section 12.11.2. 

  

	 	(b)	If an internal rule, guideline, protocol or similar criterion is relied upon in making the adverse determination, then the notice to the applicant of the adverse
decision will either set forth the internal rule, guideline, protocol or similar criterion, or will state that such was relied upon and will be provided free of charge to the applicant upon request (to the extent not legally-privileged) and if the
applicant’s claim was denied based on a medical necessity or experimental treatment or similar exclusion or limit, then the applicant will be provided a statement either explaining the decision or indicating that an explanation will be provided
to the applicant free of charge upon request. 

  

	 	(c)	 The Review Panel, as described above in Section 12.11.3 shall be the named fiduciary with the authority to act on any appeal from a denial of
benefits as a result of Disability under the Plan. Any applicant (or his authorized representative) whose application for benefits as a result of Disability is denied in whole or in part may appeal the denial by submitting to the Review Panel a
request for a review of the application within 180 days after receiving notice of the denial. The request for review shall be in the form and manner prescribed by the Review Panel and addressed as follows: “Review Panel of the Employee Welfare
Benefits Plan Committee, 200 East Randolph Drive, Chicago, Illinois 60601.” In the event of such an appeal for review, the provisions of Section 12.11.4 regarding the applicant’s rights and responsibilities shall apply. Upon request,
the Review Panel will identify any medical or vocational expert whose advice was obtained on behalf of the Review Panel

  

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in connection with an adverse benefit determination, without regard to whether the advice was relied upon in making the benefit determination. The entity or individual appointed by the Review
Panel to review the claim will consider the appeal de novo, without any deference to the initial benefit denial. The review will not include any person who participated in the initial benefit denial or who is the subordinate of a person who
participated in the initial benefit denial. 

  

	 	(d)	If the initial benefit denial was based in whole or in part on a medical judgment, then the Review Panel will consult with a health care professional who has
appropriate training and experience in the field of medicine involved in the medical judgment, and who was neither consulted in connection with the initial benefit determination nor is the subordinate of any person who was consulted in connection
with that determination; and upon notifying the applicant of an adverse determination on review, include in the notice either an explanation of the clinical basis for the determination, applying the terms of the Plan to the applicant’s medical
circumstances, or a statement that such explanation will be provided free of charge upon request. 

  

	 	(e)	A decision on review shall be made promptly, but not later than 45 days after receipt of a request for review, unless special circumstances require an extension of time
for processing. If an extension is required, the applicant will be notified before the end of the initial 45-day period that an extension of time is required and the anticipated date that the review will be completed. A decision will be given as
soon as possible, but not later than 90 days after receipt of a request for review. The Review Panel shall give notice of its decision to the applicant; such notice shall comply with the requirements set forth in Section 12.11.5. In addition,
if the applicant’s claim was denied based on a medical necessity or experimental treatment or similar exclusion, the applicant will be provided a statement explaining the decision, or a statement providing that such explanation will be
furnished to the applicant free of charge upon request. The notice shall also contain the following statement: “You and your Plan may have other voluntary alternative dispute resolution options, such as mediation. One way to find out what may
be available is to contact your local U.S. Department of Labor Office and your State insurance regulatory agency.” 

  

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 12.11.8 No legal or equitable action for benefits under the Plan shall be
brought unless and until the applicant (a) has submitted a written application for benefits in accordance with Section 12.11.1 (or 12.11.7(a), as applicable), (b) has been notified by the Plan Administrator that the application is
denied, (c) has filed a written request for a review of the application in accordance with Section 12.11.4 (or 12.11.7(c), as applicable); and (d) has been notified that the Review Panel has affirmed the denial of the application;
provided that legal action may be brought after the Review Panel has failed to take any action on the claim within the time prescribed in Section 12.11.5 (or 12.11.7(e), as applicable). An applicant may not bring an action for benefits in
accordance with this Section 12.11.8 later than 90 days after the Review Panel denies the applicant’s application for benefits.” 
 15. Subsection 13.3.5 of the Plan is hereby amended to read as follows: 
 “13.3.5. For purposes of this Section 13.3, “416 Compensation” shall mean W-2 wages for the calendar year ending with or within the Plan Year, plus any elective deferral (as defined in Code section 402(g)), any amounts
contributed to a plan described in Code Section 125 and any amounts contributed to a plan described in Code Section 132. 416 Compensation shall be limited to $200,000 (as adjusted for cost-of-living in accordance with
Section 401(a)(17)(B) of the Code in Top Heavy Plan Years).” 
 16. Subsection 13.4.2 of the Plan is hereby amended to
read as follows: 
 “13.4.2 The computation of the nonforfeitable percentage of the Participant’s interest in the Plan
shall not be reduced as the result of any direct or indirect amendment to this Plan. In the event that this Plan is amended to change or modify any vesting schedule, a Participant with at least 3 Years of Service as of the expiration date of the
election period may elect to have the Participant’s nonforfeitable percentage computed under the Plan without regard to such amendment. If a Participant fails to make such election, then such Participant shall be subject to the new vesting
schedule. The Participant’s election period shall commence on the adoption date of the amendment and shall end 60 days after the latest of: 
  

	 	(a)	the adoption date of the amendment, 

  

	 	(b)	the effective date of the amendment, or 

  

	 	(a)	the date the Participant receives written notice of the amendment from the Company.” 

  

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 17. Exhibit A - Credited Service is hereby amended by adding the following to
the end thereof: 
 “To the extent applicable to any FMC Participant, any service acquired as a participant under any of the
plans listed below shall not be counted as Credited Service for purposes of this Plan. 
  

	 	1.	Stearns Electric Company Profit Sharing Plan 

  

	 	2.	Fritzke & Icke Employees savings and Profit Sharing Plan 

  

	 	3.	Employees Profit Sharing Plan of Industrial Brush Company 

  

	 	4.	Wayne Manufacturing Company Profit Sharing Plan 

  

	 	5.	P.E. Van Pelt, Inc. Profit Sharing Plan 

  

	 	6.	Mojonnier Bros. Co. Salaried Employees Profit Sharing Plan 

  

	 	7.	Lithium Corporation of America Retirement Plan 

  

	 	8.	Elf Acquitaine, Inc. Pension Plan” 

 18. Supplement 1 – Jetway Systems Division is hereby amended by amending the first sentence of Section 1-5 of Supplement 1 to read as follows: 
 “A Participant is fully vested in the Participant’s benefit under the Prior Plan.” 
 19. Supplement 1 – Jetway Systems Division is hereby amended by amending the first sentence of Section 1-7 of
Supplement 1 to read as follows: 
 “In addition to the special provisions of the preceding sections, a Participant who
participated in the Retirement Plan for Employees of Abex Corporation before January 1, 1989 will be subject to the following provision with respect to the Participant’s Prior Plan benefit accrued before May 27, 1994.”

 IN WITNESS WHEREOF, the Company has caused this amendment to be executed by a duly authorized
representative this 25th day of February 2003. 

 

			
	FMC Technologies, Inc.
		
	By:	 	 /s/ William H. Schumann

	Senior Vice President and
	Chief Financial Officer

  

 12Fifth Amendment to Employees' Retirement Program Part I

 Exhibit 10.6e 
 FIFTH AMENDMENT OF 
 FMC TECHNOLOGIES, INC.
EMPLOYEES’ RETIREMENT PROGRAM 
 PART I SALARIED AND NONUNION HOURLY EMPLOYEES’ RETIREMENT PLAN

 WHEREAS, FMC Technologies, Inc. (the “Company”) maintains the FMC Technologies, Inc. Employees’
Retirement Program Part I Salaried and Nonunion Hourly Employees’ Retirement Plan (the “Plan”); 
 WHEREAS, amendment of the Plan is now considered desirable to (i) update the Plan’s definition of Actuarial Equivalent in furtherance of the final U.S. Treasury regulations regarding qualified joint and survivor annuity
relative value requirements; (ii) reduce the cashout amount for Small Annuities with respect to Code Section 401(a)(31) and the related Department of Labor regulations regarding the administrative handling of Small Annuities; and
(iii) provide for retroactive annuity starting dates; and 
 WHEREAS, this 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 February 1, 2006, the first paragraph and the introductory phrase of the second paragraph of the definition of Actuarial
Equivalent contained in Article I of the Plan are hereby amended and restated in their entireties to read as follows: 
 “Actuarial Equivalent means a benefit determined to be of equal value to another benefit, on the basis of either (a) the actuarial assumptions in Exhibit E-1, E-2, E-3, or E-4, as applicable or (b) the mortality
table and interest rate described in the applicable Supplement. 
 Notwithstanding the above to the contrary,
for purposes of optional form of benefit conversions (including optional form of benefit conversions described in Supplements 2, 3 and 4, but excluding optional form of benefit conversions described in Supplement 1), Actuarial Equivalent means a
benefit determined to

 
be of equal value to another benefit on the basis of the greater of (1) either (a) the actuarial equivalent, computed using the actuarial assumptions in Exhibit E-1, E-2, E-3, or E-4,
as applicable, of the accrued benefit as of February 1, 2006 or (b) the actuarial equivalent, computed using the mortality and interest rate described in the applicable Supplement, of the accrued benefit as of February 1, 2006, or
(2) the actuarial equivalent, computed using the RP-2000 Combined Healthy Participant Table (RP2000CH), weighted 80% male/20% female and 6% interest compounded annually, of the accrued benefit as of the date of determination on or after
February 1, 2006. 
 Notwithstanding anything herein to the contrary, for purposes of Section 12.8 and
the determination of the optional form of benefit conversion to the Level Income Option described in Section 6.2.4, Actuarial Equivalent value shall be determined as follows (provided, that with respect to the Level Income Option optional form
of benefit conversion determination, Actuarial Equivalent value shall be determined on the basis of the greater of (1) either (a) the actuarial equivalent, computed using the actuarial assumptions in Exhibit E-1, E-2, E-3, or E-4, as
applicable, of the accrued benefit as of February 1, 2006 or (b) the actuarial equivalent, computed using the mortality and interest rate described in the applicable Supplement, of the accrued benefit as of February 1, 2006, or
(2) the actuarial equivalent, computed as provided below, of the accrued benefit as of the date of determination on or after February 1, 2006): 
 2. Effective February 1, 2006, the first sentence of Section 6.2.2 is hereby amended and restated in its entirety to read as follows: 
 A 50% Joint and Survivor’s Annuity is an immediately annuity which is the Actuarial Equivalent of an Individual Life Annuity, but which
provides a smaller monthly annuity for the Participant’s life than an Individual Life Annuity. 
 3. Effective
February 1, 2006, the first sentence of Section 6.2.3 is hereby amended and restated in its entirety to read as follows: 
 A 100% Joint and Survivor’s Annuity is an immediate annuity which is the Actuarial Equivalent of an Individual Life Annuity, but which provides a smaller monthly annuity for the Participant’s life than an Individual Life Annuity.

 4. Effective February 1, 2006, the first sentence of Section 6.2.4 is hereby amended and restated in its entirety
to read as follows: 
 The Level Income Option provides greater monthly annuity payments prior the
Participant’s 62nd birthday (determined in accordance
with the definition of Actuarial Equivalence in Article I) and after such birthday provides reduced

 
monthly annuity payments in an amount which, when added to the Primary Social Security Benefits which the Participant could elect to receive, approximately equals the amount of the monthly
annuity paid prior to the Participant’s 62nd
birthday. 
 5. Effective January 1, 2004, Section 6.3.2 is hereby amended by adding the following sentence to the end
thereof to read as follows: 
 Notwithstanding the above to the contrary, effective January 1, 2004, in the event a
Participant elects a Retroactive Annuity Starting Date as provided in Section 6.6, the notice under 6.3.1 shall be provided to the Participant on or about the date that the Participant files an election for a Retroactive Annuity Starting Date.

 6. Effective January 1, 2004, Section 6.3.5 is hereby added to the Plan to read as follows: 
 Notwithstanding the foregoing provisions in Section 6.3, effective January 1, 2004, a Participant may elect a Retroactive Annuity
Starting Date (as defined in Treas. Reg. 1.417(e)-l(b)(3)(iv)(B)), pursuant to Section 6.6. In the event that the notice information described in Section 6.3 is provided to the Participant after the Participant’s Annuity Starting Date
(as defined in Section 417(f)(2) of the Code) or Retroactive Annuity Starting Date, the Participant shall have at least 30 days after the date the notification is provided to make the election described in Section 6.3. The Participant may
waive this 30 day period pursuant to the provisions of Section 6.3.4. 
 7. Effective January 1, 2004,
Section 6.6 is hereby added to the Plan to read as follows: 
 6.6. Election of Retroactive Annuity
Starting Date Effective January 1, 2004, a Participant may elect a “Retroactive Annuity Starting Date” (as defined in Treas. Reg. 1.417(e)-l(b)(3)(iv)(B)), that occurs on or before the date the notice information described in
Section 6.3 is provided to the Participant, provided the following conditions are satisfied: 
  

	 	(a)	The Participant’s spouse (including an alternate payee who is treated as the spouse under a qualified domestic relations order), determined as if the date
distributions commence were the Participant’s Annuity Starting Date (as defined in Section 417(f)(2) of the Code), consents to the Participant’s election of a Retroactive Annuity Starting Date. The spousal consent requirement of this
Section 6.6(a) is satisfied if such consent satisfies the conditions of Section 6.3.3 above. 

	 	(b)	If the date distribution commences is more than 12 months from the Retroactive Annuity Starting Date, the distribution provided based on the Retroactive Annuity
Starting Date shall satisfy Section 415 of the Code as though the date distribution commences is substituted for the annuity starting date for all purposes, including for purposes of determining the applicable interest rate and applicable
mortality table, (as defined in Article I). 

  

	 	(c)	If the distribution is payable as a lump sum, the distribution amount shall not be less than the present value of the Participant’s accrued benefit, determined
(i) using the applicable mortality table and applicable interest rate as of the distribution date or (ii) using the applicable mortality table and applicable interest rate as of the Participant’s Retroactive Annuity Starting Date. For
purposes of this paragraph (c) applicable mortality table and applicable interest rate are defined in Article I. 

 If a
Participant elects a Retroactive Annuity Starting Date the following provisions shall apply: 
  

	 	(a)	future periodic payments shall be the same as the future periodic payments, if any, that would have been paid with respect to the Participant had payments actually
commenced on the Retroactive Annuity Starting Date; 

  

	 	(b)	the Participant shall receive a make-up payment to reflect any missed payment or payments for the period from the Retroactive Annuity Starting Date to the date of
actual make-up payment (with appropriate adjustment for interest from the date the missed payment or payments would have been made to the date of the actual make-up payment); 

  

	 	(c)	the benefit determined as of the Retroactive Annuity Starting Date shall satisfy Section 417(e)(3) of the Code, if applicable, and Section 415 with the
applicable interest rate and applicable mortality table (as defined in Article I) determined as of that date; and the Retroactive Annuity Starting Date shall not precede the date the Participant could have otherwise started receiving benefits under
the Plan. 

 8. Effective for distributions made on or after January 1, 2005, the first paragraph of
Section 12.8 contained in Article XII of the Plan is hereby amended and restated in its entirety to read as follows: 
 If
the sum of (a) the lump sum Actuarial Equivalent value of a Normal, Early, or Deferred Retirement Benefit under Article III, Termination Benefit (payable at the Participant’s Normal Retirement Date) under Article IV, or Survivor’s
Benefit under Article VII, excluding any Aetna or Prudential nonparticipating annuity; and (b) the lump sum Actuarial Equivalent value of any Aetna or Prudential nonparticipating annuity is equal to $1,000 (or such other amount as may be
prescribed in or under the Code) or less, such amounts shall be paid in a lump sum as soon as administratively practicable following the Participant’s retirement, termination of employment or death. 
 9. Effective February 1, 2006, Section 13.3.6 is hereby amended and restated in its entirety to read as follows: 
 If payment of the minimum accrued benefit commences at a date other than Normal Retirement Date, or if the form of benefit is other than an
Individual Life Annuity, the minimum accrued benefit shall be the actuarial equivalent of the minimum accrued benefit expressed as an Individual Life Annuity commencing at Normal Retirement Date pursuant to Exhibits E-1, E-2, E-3 and E-4, except
with respect to the optional form of benefit conversion, the minimum accrued benefit shall be determined pursuant to the definition of Actuarial Equivalent. 
 10. Effective February 1, 2006, the first sentence of the definition of Life and Term Certain Annuity in Section 3-5 of Supplement 3 – Moorco International Inc. Retirement Income
Plan is hereby amended and restated in its entirety to read as follows: 
 A Life and Term Certain Annuity is an
immediate annuity which is the Actuarial Equivalent of an Individual Life Annuity, but which provides a smaller monthly annuity for the Participant’s life than an Individual Life Annuity. 
 11. Effective February 1, 2006, the first sentence of the definition of Life and Term Certain Annuity in Section 4-6 of Supplement
4 – Smith Meter, Inc. Salaried Retirement Plan is hereby amended and restated in its entirety to read as follows: 
 A Life and Term Certain Annuity is an immediate annuity which is the Actuarial Equivalent of an Individual Life Annuity, but which provides a smaller monthly annuity for the Participant’s life than an Individual Life Annuity.

 IN WITNESS WHEREOF, the Company has caused this amendment to be executed
by a duly authorized representative 24TH day of OCTOBER, 2006. 
  

			
	FMC Technologies, Inc.
		
	By:	 	 

	Vice President
	Human Resources

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