ALBEMARLE CORPORATION SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN as Amended and Restated Effective January 1, 2005 (March 2nd, 2015)
Albemarle Corporation adopted the Albemarle Corporation Supplemental Executive Retirement Plan (the "Plan") effective April 26, 2000. This Plan represents an amendment and restatement of the Albemarle Corporation Excess Benefit Plan and the Albemarle Corporation Supplemental Retirement Plan which were originally adopted by the Board on February 8, 1994. The Excess Benefit Plan and the Supplemental Retirement Plan were amended effective April 26, 2000, to simplify the Plans' administration with respect to the calculation of benefits and to clarify the benefits provided to certain employees. In addition, effective as of April 26, 2000 the Excess Benefit Plan and the Supplemental Plan were merged. The resulting plan was renamed the Albemarle Corporation Supplemental Executive Retirement Plan.
Executive Deferred Compensation Plan (March 2nd, 2015)
The purpose of this Executive Deferred Compensation Plan is to provide current tax planning opportunities as well as supplemental funds upon the retirement or death of certain employees of Employer. It is intended that the Plan will aid in attracting and retaining employees of exceptional ability by providing them with these benefits. The Plan was established effective January 1, 2002 and last restated effective January 1, 2005. This amendment and restatement of the Plan shall be effective as of January 1, 2013.
Fifth Amendment to the Albemarle Corporation Executive Deferred Compensation Plan (February 15th, 2013)
In accordance with Section 11.1 of the Albemarle Corporation Executive Deferred Compensation Plan, as Amended and Restated Effective January 1, 2005 (the Plan), the Plan document is hereby amended to clarify and amend the respective Plan provisions as follows: