AMENDMENT NO. 2 TO THE NEW COLEMAN COMPANY, INC. RETIREMENT PLAN FOR SALARIED EMPLOYEES WHEREAS, New Coleman Holdings Inc. (the "Employer") maintains the New Coleman Company, Inc. Retirement Plan for Salaried Employees (the "Plan"); WHEREAS, the Employer has reserved the right to amend the Plan; and WHEREAS, it is desirable to make certain amendments to the Plan. NOW, THEREFORE, in consideration of the above stated premises, the Plan shall be amended to read as follows: FIRST: Section 2.21 of the Plan shall be amended by adding a new paragraph at the end of said section to read as follows: Effective January 1, 1997, the term Highly Compensated Employee means any Employee who was a 5% owner at anytime during the current or preceding Plan Year or for the preceding Plan Year received compensation from the Employee in excess of $80,000 (as adjusted and defined in Section 414(q)) and, if the Employer so elects, was in the top-paid 20% of Employees. The provisions of subsection E. above shall apply in determining who is a Highly Compensated Employee. SECOND: Section 5.1(d) shall be amended by adding a new paragraph at the end of said section to read as follows: Effective January 1, 1997, the term "required beginning date" means the later of (i) the calendar year in which the Employee attains age 70 1/2 or (ii) the calendar year in which the Employee retires, PROVIDED that clause (ii) shall not apply to any Employee who is a 5% owner in the Plan Year in which the Employee attains age 70 1/2. IN WITNESS WHEREOF, the Employer has caused this Amendment is executed on its behalf as of the 10th day of October, 1997. NEW COLEMAN HOLDINGS INC. By Kyle Wendt ------------------------------------- Its Secretary, Retirement and Benefits Committee --------------------------------------------- ATTEST: Elizabeth Heinemann - ----------------------------