QUAKER CHEMICAL CORPORATION
DEFERRED COMPENSATION PLAN FOR EXECUTIVE OFFICERS
This Plan is an unfunded deferred compensation arrangement for a select group of management or highly-
compensated personnel and all rights hereunder shall be governed by and construed in accordance with the laws
of the Commonwealth of Pennsylvania. The purpose of the Plan is to allow eligible Executive Officers to defer the
receipt of all or a portion of their compensation until such date as is specified herein.
"Board" means the Board of Directors of Quaker or any duly constituted committee thereof.
"Quaker" means Quaker Chemical Corporation, a Pennsylvania corporation, and its corporate successors.
"Fiscal year" or "year" (unless otherwise specified) means Quaker's fiscal year as now constituted or as it may be
changed hereafter from time to time.
"Participant" means an Executive Officer of Quaker or of a Subsidiary, designated by the Chief Executive Officer
of Quaker for participation in the Plan.
"Plan" means this Deferred Compensation Plan for Executive Officers as it may be amended from time to time.
"Subsidiary" means a company of which Quaker owns, directly or indirectly, at least a majority of the shares
having voting power in the election of directors.
Designation of Participants and Deferred Compensation Agreements
Section 2.01. From time to time, the Chief Executive Officer of Quaker shall specify:
(a) The name of each Executive Officer who shall be entitled to participate in the Plan; and
Exhibit 10(n) Page 1
(b) The amount or percentage of compensation otherwise payable to the Participant which may be deferred until
such Participant's retirement, termination of employment, disability or death.
Section 2.02. Quaker and each Executive Officer eligible to participate in the Plan pursuant to Section 2.01
hereof shall enter into a written agreement, substantially in the form attached hereto or Exhibit "A" ("Deferred