Exhibit 10e(i)
AMENDMENT NO. 1
TO
KAMAN CORPORATION
CASH BONUS PLAN
(As Amended and Restated as of January 1, 2008)
WHEREAS, Kaman Corporation (the "Company") has previously adopted a Cash Bonus Plan (Amended and Restated as of January 1, 2008 (the "Plan"); and
WHEREAS, the Company’s Board of Directors desires to correct a mistake in the terms of Section 6 of the Plan which fails to properly describe one of the performance metrics that has been applicable to Corporate participants in the Plan consistently since the 2004 Award Year;
NOW THEREFORE, the Plan is amended as follows:
| 1. | Performance Objectives for Corporate Participants |
a. All references to “pre-tax profits” or “consolidated pre-tax profits” in Section 6 of the Plan are hereby deleted and replaced with the words “fully diluted earnings per share”.
| 2. | Effective Date. This Amendment shall take effect beginning with the 2011 Award Year. |
| 3. | Capitalized Terms. Capitalized terms not defined herein shall have the meaning ascribed to them in the Plan. |
| 4. | Full Force and Effect. Except as modified and amended by this document, the Plan remains in full force and effect. |
IN WITNESS WHEREOF, Kaman Corporation has caused this Amendment No. 1 to be executed as of February 22, 2011.
| ATTEST: | KAMAN CORPORATION | |||
| /s/ Candace A. Clark | By: | /s/ William C. Denninger | ||
| Candace A. Clark | William C. Denninger | |||
| Its: Secretary | Its: | Senior Vice President and Chief Financial Officer | ||