Document:

Exhibit 10.12 (e)

Exhibit 10.12 (e)

AMENDMENT NO. 4

TO THE

VWR INTERNATIONAL, LLC RETIREMENT PLAN

(As Amended and Restated Effective June 1, 2005)

WHEREAS, VWR International, LLC (“VWR”) maintains the VWR International, LLC Retirement Plan
(the “Plan,” formerly known as the VWR International, Inc. Retirement Plan) for the benefit of its
eligible employees; and

WHEREAS, the Plan was most recently amended and restated effective June 1, 2005, and was
subsequently amended on three occasions thereafter; and

WHEREAS, VWR desires further to amend the Plan in order to comply with recent changes in
applicable laws and regulations;

NOW, THEREFORE, effective January 1, 2008 (except where other effective dates are specifically
provided), Section 8.2(a)(ii), (d), (e), and (f) of the Plan are amended, and a new Section 8.2(i)
is added to the Plan, to read as follows:

8.2 Maximum Annual Benefit Payable Under the Plan.

Anything to the contrary notwithstanding, a Participant’s annual benefit shall not
exceed the lesser of the Defined Benefit Dollar Limitation (or, if greater, the
Participant’s Accrued Benefit on December 31, 1982), or 100% of the Participant’s average
compensation during the three consecutive Plan Years when his or her compensation was the
highest, subject to the following:

(a) A Participant’s annual benefit shall mean the benefit payable annually in
the form of a straight life annuity (with no ancillary benefits), within the meaning
of section 415(b)(2) of the Code, determined in accordance with the following:

*           *           *

(ii) For purposes of subparagraph (i) above, the annual benefit in the
form of a single life annuity commencing at the same age that is Actuarially
Equivalent to the Plan benefit shall be:

(A) In the case of a benefit in a form that is not subject to
section 417(e)(3) of the Code, the greater of (i) the annual amount
of the Participant’s benefit in the form described in Section 4.1,
determined as of the same Annuity Starting Date as his or her actual
benefit, or (ii) the annual amount of the Participant’s retirement
benefit in such form determined as of such

 

 

 

Annuity Starting Date using a 5% interest rate and the
Applicable Mortality Table.

(B) Effective January 1, 2006, in the case of a benefit in a
form that is subject to section 417(e)(3) of the Code, the greatest
of (i) the annual benefit that has the same actuarial present value
as the particular form of benefit payable, computed using the
interest rate and mortality table applicable under Section 1.2 for
the particular form of benefit payable, (ii) the annual benefit that
has the same actuarial present value as the particular form of
benefit payable, computed using a 5.5% interest assumption and the
Applicable Mortality Table, and (iii) the annual benefit that has the
same actuarial present value as the particular form of benefit
payable, computed using the Applicable Interest Rate and the
Applicable Mortality Table, divided by 1.05.

*           *           *

(d) The Defined Benefit Dollar Limitation shall be adjusted in accordance with the
following, to the extent applicable:

(i) If the Annuity Starting Date occurs before the Participant attains age 62,
the Defined Benefit Dollar Limitation shall be adjusted so that such limit is equal
to (i) the annual amount of the Participant’s retirement benefit in the form
described in Section 4.1 at such Annuity Starting Date that is Actuarially
Equivalent, computed using a 5% interest rate and the Applicable Mortality Table
effective for the Annuity Starting Date, to a deferred annuity payable at age 62
equal to the Defined Benefit Dollar Limitation, or (ii) if the Plan provides for an
immediately commencing straight life annuity payable at age 62 and at the Annuity
Starting Date, the lesser of (I) the amount determined under (i), or (II) the
Defined Benefit Dollar Limitation multiplied by the ratio of the retirement benefit
payable at the Annuity Starting Date in the form described in Section 4.1 to such
retirement benefit (in such form) payable under the Plan at age 62 (computing both
without regard to the rules of section 415 of the Code).

(ii) If the Annuity Starting Date occurs after the Participant attains age 65,
the Defined Benefit Dollar Limitation shall be adjusted so that such limit is equal
to (i) the annual amount of the Participant’s retirement benefit in the form
described in Section 4.1 at such Annuity Starting Date that is Actuarially
Equivalent, computed using a 5% interest rate and the Applicable Mortality Table
effective for the Annuity Starting Date, to an annual benefit payable at age 65
equal to the Defined Benefit Dollar Limitation, or (ii) if the Plan provides for an
immediately commencing straight life annuity payable at age 65 and at the Annuity
Starting Date, the lesser of (I) the amount determined under (i), or (II) the
Defined Benefit Dollar Limitation multiplied by the ratio of (x) the retirement
benefit payable at such Annuity Starting Date in the form described in

 

 

 

Section 4.1 (computed without regard to the rules of section 415 of the Code),
determined without regard to accruals after age 65, but including actuarial
adjustments even if such adjustments are applied to offset accruals, to (y) the
retirement benefit in the form described in Section 4.1 payable to a hypothetical
participant who is age 65 and has the same accrued benefit (with no actuarial
increases for commencement after age 65) as the Participant, determined without
regard to accruals after age 65 and without applying the rules of section 415 of the
Code.

(e) If the Participant has been a Participant in the Plan for fewer than ten years, the
Defined Benefit Dollar Limitation, as adjusted under paragraph (d) above, if necessary,
shall be reduced by multiplying it by a fraction which has a numerator equal to the
Participant’s years of participation (including fractions thereof) and which has a
denominator equal to ten.

(f) The term “compensation” as used in this Section 8.2 shall be defined as per
Internal Revenue Service Regulation 1.415(c)-2(b) and (c). “Compensation” shall not include
compensation paid following an employee’s severance from employment with the Employer,
except as otherwise required by Internal Revenue Service Regulation 1.415(c)-2(e)(3)(ii) and
as permitted by Treas. Reg. §1.415(c)-2(e)(3)(iii)(A). In no event shall an employee’s
“compensation” with respect to a calendar year exceed the annual compensation limit of
section 401(a)(17) of the Code for such year.

*           *           *

(i) Notwithstanding the foregoing provisions of this Section 8.2, in accordance with
Internal Service Regulation 1.415(a)-1(g)(4), the benefit payable to a Participant shall in
no event be less than his or her benefit accrued as of December 31, 2007, payable in
accordance with the terms of the Plan as adopted and in effect on April 5, 2007.

IN WITNESS WHEREOF, VWR International, LLC has caused this Amendment No. 4 to be duly executed
this 26th day of May, 2009.

	 	 	 	 	 	 	 
	Attest:	 	VWR INTERNATIONAL, LLC	 	 
	 
	 	 	 	 	 	 
	/s/ Laureen Quinter
 

	 	By:
	 	/s/ Scott G. SmithExhibit 10.12 (f)

Exhibit 10.12 (f)

AMENDMENT NO. 5

TO THE

VWR INTERNATIONAL, LLC RETIREMENT PLAN

(As Amended and Restated Effective June 1, 2005)

WHEREAS, VWR International, LLC (“VWR”) maintains the VWR International, LLC Retirement Plan
(the “Plan”) for the benefit of its selected employees; and

WHEREAS, the Plan was most recently amended and restated effective June 1, 2005, and was
subsequently amended on four occasions; and

WHEREAS, Section 11.1 of the Plan provides that the Benefit and Retirement Plan Committee (the
“Committee”) is authorized to adopt Plan amendments that have no substantial adverse impact on any
“Employer” or the Plan; and

WHEREAS, the Committee desires to amend the Plan to (i) provide certain early retirement
window benefits agreed to by VWR and Teamsters Local Union No. 676 of the International Brotherhood
of Teamsters (the “Teamsters”), as described in the 2009 Memorandum of Agreement Regarding Early
Retirement Offer between VWR and the Teamsters, (ii) add the qualified optional survivor annuity as
required by the Pension Protection Act of 2006, and (iii) add actuarial factors for determining
certain joint and survivor forms of payment;

NOW, THEREFORE, effective as of the dates set forth below, the Plan is hereby amended as
follows:

1. Effective September 15, 2009, a new Section 3.6 is hereby added to the Plan to read in its
entirety as follows:

3.6 Special Early Retirement Provision.

(a) Background. The provisions of this Section 3.6 reflect the early retirement offer
described in the 2009 Memorandum of Agreement Regarding Early Retirement Offer (the “Offer”)
adopted by VWR and Teamsters Local Union No. 676 of the International Brotherhood of Teamsters
pursuant to collective bargaining.

(b) Eligible Participants. The provisions of this Section 3.6 shall apply to a
Participant who:

(i) was employed by the Employer as an Eligible Employee represented by the Teamsters
Local Union No. 676 of the International Brotherhood of Teamsters as of August 31, 2009;

(ii) had attained age 50 and completed a 10-year Period of Service as of August 31,
2009;

 

 

 

(iii) elects, during the period beginning September 15, 2009 and ending September 30,
2009, to terminate employment on or before November 9, 2009 in accordance with the terms of
the Offer; and

(iii) signs, on or after September 15, 2009 and on or before November 1, 2009, a
Separation Agreement and General Release in a form satisfactory to VWR, which becomes fully
effective on or before November 9, 2009.

A Participant described in this Section 3.6(b) is an “Eligible Participant.” Notwithstanding the
foregoing, in the event the number of Eligible Participants electing the same Termination date
could adversely affect its business needs, VWR may stagger permissible Termination dates under the
Offer based on seniority, on a uniform and nondiscretionary basis.

(c) Special Early Retirement Provision. Solely for purposes of determining whether an
Eligible Participant is eligible to elect an Early Retirement Date under Section 3.2, and, if so
eligible, the reduction applicable to an Eligible Participant’s Early Retirement Benefit under
Section 4.3, the following provisions shall apply:

(i) In the case of an Eligible Participant who has at least a 15-year Period of Service
as of August 31, 2009, ten years shall be added to such Participant’s age; and

(ii) In the case of all other Eligible Participants, (x) the number of whole years
needed to allow the Participant to reach a 15-year Period of Service shall be added to his
or her Period of Service, and (y) his or her age shall be increased by the excess of ten
years over the number of years added to his or her Period of Service pursuant to the
immediately preceding clause.

(d) No Duplication. The early retirement benefit described in this Section 3.6 is in
lieu of, and not in addition to, the Early Retirement Benefit or Regular Retirement Benefit to
which such Eligible Participant might otherwise be entitled.

(e) No Application to Other Participants. This Section 3.6 shall have no application
to any Participant who does not meet all of the eligibility requirements of Section 3.6(b).

2. Effective with respect to Annuity Starting Dates occurring on or after January 1, 2008, Section.
5.1(b) of the Plan is amended to read as follows:

(a) Joint and Survivor Annuity

A reduced Joint and Survivor Annuity shall be payable monthly to a retired Participant
from the Annuity Starting Date to the first of the month preceding death. Following the
Participant’s death, a benefit, equal to 50%, 75% or 100% of the reduced amount payable to
the retired Participant, shall be payable for life to the Participant’s Spouse, if living at
the time of the Participant’s death. A Participant may elect which percentage shall be
payable to the Spouse, subject to the spousal consent requirements of Section 5.2(a).

 

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If the Spouse dies after the Participant’s Annuity Starting Date, the Participant’s
payments shall be in the same reduced amount as is otherwise payable under the Joint and
Survivor Annuity. If the Spouse dies prior to the Participant’s Annuity Starting Date, any
election of a form of benefit under this paragraph (b) shall be automatically canceled. If
the Participant dies prior to the Annuity Starting Date, the Spouse shall not be entitled to
receive any payments under this Section 5.1.

The 50% Joint and Survivor Annuity shall be equal to 90% of the Participant’s
retirement benefit payable in the form of a Whole Life Annuity, provided, however, that
effective with respect to Annuity Starting Dates occurring on or after October 1, 2009, the
50% Joint and Survivor Annuity shall be equal to the greater of (i) 90% of the Participant’s
retirement benefit payable in the form of a Whole Life Annuity, or (ii) an annuity that is
Actuarially Equivalent to the most valuable form of payment described in Section 5, when
determined on an Actuarially Equivalent basis.

The 75% Joint and Survivor Annuity shall be Actuarially Equivalent to the Whole Life
Annuity.

The 100% Joint and Survivor Annuity shall be equal to 80% of the Participant’s
retirement benefit payable in the form of a Whole Life Annuity.

3. Effective with respect to Annuity Starting Dates occurring on or after October 1, 2009, the
first four sentences of Section 5.2(a) are amended to read as follows:

Any Participant who has a Spouse on his or her Annuity Starting Date shall
automatically be deemed to have elected the 50% Joint and Survivor Annuity, effective as of
such date, with such Spouse as the joint annuitant.

A Participant may reject the 50% Joint and Survivor Annuity by filing a written notice
with the Committee prior to the Annuity Starting Date. Such notice must be signed by the
Participant’s Spouse, and the Spouse’s signature must be notarized or witnessed by a Plan
representative. In the event the 50% Joint and Survivor Annuity is rejected, benefits shall
be paid in the form of a Whole Life Annuity, unless another option is elected.

4. Effective with respect to Annuity Starting Dates occurring on or after October 1, 2009, each
occurrence of the phrase “Joint and Survivor Annuity” in Section 5.5 shall be replaced with the
phrase “50% Joint and Survivor Annuity.”

5. Effective with respect to Annuity Starting Dates occurring on or after October 1, 2009, the last
sentence of Section 6.1(a) is amended to read as follows:

The benefit shall equal 50% (or, if the Participant dies after electing a 100% Joint and Survivor
Annuity under Section 5.2(a) during the 90-day period ending on the first of the month coinciding
with or following the Participant’s death, 100%) of the benefit in the form of a 50%

 

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or 100% Joint and Survivor Annuity, as applicable, to which the Participant would have been
entitled if his or her Retirement Date were immediately before the date of his or her death.

6. Effective with respect to Annuity Starting Dates occurring on or after October 1, 2009, the
penultimate sentence of Sections 6.1(b) and 6.1(c) is amended to read as follows:

The benefit shall equal 50% (or, if the Participant dies after electing a 100% Joint and Survivor
Annuity under Section 5.2(a) during the 90-day period ending on his or her Earliest Retirement
Date, 100%) of the benefit in the form of a 50% or 100% Joint and Survivor Annuity, as applicable,
to which the Participant would have been entitled at his or her Earliest Retirement Date.

IN WITNESS WHEREOF, the Benefit and Retirement Plan Committee has caused this Amendment No. 5
to be adopted on behalf of VWR International, LLC this 15th day of September, 2009.

	 	 	 	 	 	 	 
	Attest:	 	VWR INTERNATIONAL, LLC	 	 
	 
	 	 	 	 	 	 
	/s/ Laureen Quinter
 

	 	By:
	 	/s/ Scott G. Smith
 

	 	 

 

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