1
EXHIBIT 10.1
AMENDMENT NO. 2 TO THE
(As Amended and Restated January 1, 2020)
WHEREAS
, Quaker Chemical Corporation d/b/a Quaker Houghton (the “Company”) adopted the
Quaker Houghton Retirement Savings Plan, as amended and restated
effective January 1, 2020, and as
amended
on one occasion thereafter (the “Plan”);
WHEREAS
, the Company
desires to amend
the Plan to
clarify eligibility for
nonelective contributions
for certain collectively bargained employees; and
WHEREAS
, pursuant to
Section 8.1 of
the Plan, the
Retirement Savings Plan
Committee has the
right
to amend the Plan at any time, subject to certain inapplicable limitations.
, effective as
of February 10,
2020, the Plan
shall be, and
hereby is, amended
as
follows:
Effective as
of February
10, 2020,
a sentence
is hereby
added to
the end
of Section
4.5(a) to
read as
follows:
“Notwithstanding the foregoing, Employees hired on or after February 10,
2020 who are covered
by a
collective bargaining
agreement between
the Employer
and the
International Chemical
Workers
Union Council
of the
United Food
and Commercial
Workers Union
and its
Local No.
125C, shall
be
eligible to
receive Nonelective
Contributions provided
they have
met the
conditions of
eligibility set
forth in Section 3.1(b).”
IN WITNESS WHEREOF
, Quaker Chemical Corporation d/b/a Quaker Houghton has caused these
presents to be duly executed on this __30____ day of ______April_________, 2020.
QUAKER CHEMICAL CORPORATION
Attest:
____/s/ Victoria K. Gehris__________________ By:
_______/s/_Robert T. Traub
_______________