Smith Corona Corp – ‘10-K’ for 6/30/96 – EX-10

As of:  Monday, 9/30/96   ·   For:  6/30/96   ·   Accession #:  851292-96-24   ·   File #:  1-10281

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                         84±   410K 
 2: EX-2        Plan of Acquisition, Reorganization, Arrangement,    388±  1.56M 
                          Liquidation or Succession                              
 3: EX-10       Material Contract                                      2     12K 
 4: EX-10       Material Contract                                      2     10K 
 5: EX-10       Material Contract                                      3      8K 
 6: EX-10       Material Contract                                     45±   188K 
 7: EX-10       Material Contract                                      7±    28K 
 8: EX-10       Material Contract                                     10±    42K 
 9: EX-21       Subsidiaries of the Registrant                         1      7K 
10: EX-23       Consent of Experts or Counsel                          1      6K 
11: EX-27       Financial Data Schedule (Pre-XBRL)                     1      8K 

EX-10   —   Material Contract

EX-10
1st Page of 2
TOC
↑Top
Previous
Next
↓Bottom
Just 1st
 
EXHIBIT 10.10                   

Smith Corona Corporation Retirement Savings and Investment Plan                 
Amendment effective October 18, 1995.                 

EX-10
Last Page of 2
TOC
1st
Previous
Next
↓Bottom
Just 2nd
SMITH CORONA CORPORATION                
RETIREMENT SAVINGS AND INVESTMENT PLAN                
AMENDMENT                 

WHEREAS, Smith Corona Corporation ("Company") has             
adopted the Smith Corona Corporation Retirement Savings and                     
Investment Plan ("Plan"), effective July 1, 1989 and amended and                
restated effective January 1, 1992, for the benefit of its                      
eligible employees and beneficiaries; and                                       

WHEREAS, the Company has delegated to the Benefits            
Administration Committee the right to adopt any amendment to the                
Plan other than any amendment which substantially increases the                 
cost of the Plan to the Company; and                                            

WHEREAS, the Company wishes to amend the Plan with            
respect to the investment of plan assets in Employer Securities.                

NOW, THEREFORE, the Plan be, and it hereby is, amended        
as follows:                                                                     
1.  Section 7.1 of the Plan is amended to add at the          
end thereof several sentences to read:                                          
"Effective October 18, 1995, the Smith Corona                           
Corporation Common Stock Fund shall be eliminated as an                 
Investment Fund.  The Trustee shall use its best                        
efforts to liquidate all assets therein attributable to                 
Compensation Deferral Contributions and Rollover                        
Contributions invested in such Fund as of October 18,                   
1995.  Until the entire Fund is fully liquidated, the                   
proceeds of any sale of Employer Securities shall be                    
invested in the Money Market Fund.  Upon complete                       
liquidation, the portion of the proceeds of liquidation                 
which is allocated to a Member's Account shall be                       
invested at such Member's direction in increments of at                 
least 25% in any of the remaining Investment Funds."                    

2.  Section 7.3(b) of the Plan is amended to revise the       
last sentence thereof to read:                                                  
"Effective October 18, 1995, transfers from an                          
Investment Fund into the Smith Corona Corporation                       
Common Stock Fund and transfers from the Smith Corona                   
Corporation Common Stock Fund into any other Investment                 
Fund shall not be permitted."                                           

3.  Section 7.4(a) of the Plan is amended to add at the       
end thereof several sentences to read:                                          
"Effective October 18, 1995, the Smith Corona                           
Corporation Common Stock Fund shall be eliminated as an                 
Investment Fund and the Trustee shall use it best                       
efforts to liquidate all assets therein attributable to                 
Employer Contributions invested in such Fund as of                      
October 18, 1995.  Until the entire Fund is fully                       
liquidated, the proceeds of any sale of Employer                        
Securities shall be invested in the Money Market Fund.                  
Upon complete liquidation, the portion of the proceeds                  
of liquidation which is allocated to a Member's Account                 
shall be invested at such Member's direction in                         
increments of at least 25% in any of the remaining                      
Investment Funds.  Thereafter, such amounts may be                      
transferred from one Investment Fund to any other                       
Investment Fund in increments of at least 25% once each                 
calendar quarter."                                                      

IN WITNESS WHEREOF, under the authority of the Board of       
Directors of the Company, this amendment to the Plan has been                   
executed as of the  23rd day of October, 1995.                                  
           BENEFITS ADMINISTRATION COMMITTEE

   By: /s/ David P. Verostko
               -------------------------------
                 David P. Verostko, Member

    By:/s/ John A. Piontkowski
               -------------------------------
                 John A. Piontkowski, Member

   By:/s/ Michael S. Fifield
                ------------------------------
                Michael S. Fifield, Member

By:/s/ Gary Lynch     
                 -------------------------------
                Gary Lynch, Member

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘10-K’ Filing		Date		First		Last			Other Filings
Filed on:		9/30/96							10-Q
For Period End:		6/30/96
		10/18/95		1		2
		1/1/92		2
									List all Filings