1 Exhibit 4(f) AMENDMENT NO. 3 TO THE GORMAN-RUPP COMPANY INDIVIDUAL PROFIT SHARING RETIREMENT PLAN (As Amended and Restated as of January 1, 1987) ----------------------------------------------- The Gorman-Rupp Company, an Ohio corporation, hereby adopts this Amendment No. 3 to The Gorman-Rupp Company Individual Profit Sharing Retirement Plan, as amended and restated as of January 1, 1987 (the "Plan"). Section 1 --------- Effective as of August 1, 1992, Section 4.6 of the Plan is hereby amended in its entirety to read as follows: "4.6 ALLOCATION OF EMPLOYER MATCHING CONTRIBUTIONS. (1) Each Employer's Matching Contribution made in respect of a calendar quarter pursuant to Section 4.2(2) shall, subject to the provisions of Articles V and XVI, be allocated and credited to the Account of each Employee of the Employer for whom Before-Tax Contributions were made during such calendar quarter, and who is both a Member and an Eligible Employee on the last day of such calendar quarter, with each such Employee being credited with a portion of such Employer's Employer Matching Contribution equal to 20% of the first 2% of Before-Tax Contributions and 10% of the next 4% of Before-Tax Contributions made for him pursuant to Section 3.1 during such calendar quarter. (2) Notwithstanding the preceding provisions of this Section, in the event that a Member's employment with the