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EXHIBIT 10.1

AMENDMENT NO. 2 TO THE

QUAKER HOUGHTON 

RETIREMENT SAVINGS PLAN

(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.

NOW, THEREFORE

, 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 

 D/B/A QUAKER HOUGHTON

Attest: ____/s/ Victoria K. Gehris__________________ By: _______/s/_Robert T. Traub _______________