CTS Corporation
Form 10-Q
Third Quarter 2007
EXHIBIT (10)(d)
CTS CORPORATION
INDIVIDUAL EXCESS BENEFIT RETIREMENT PLAN
Adopted Effective as of __________________
ARTICLE I
Purpose
1.01
Purpose . It is the intention of CTS Corporation (the “Company”) to maintain appropriate
levels of retirement benefits for employees of the Company or any of its subsidiaries who are entitled to benefits
under the CTS Corporation Pension Plan (the “Pension Plan”). This Plan is intended to maintain the level of total
retirement benefits which, but for the limitations on annual benefits and compensation under the Internal Revenue
Code of 1986, as amended, (the “Code”) would otherwise be payable under the provisions of the Pension Plan
and to provide a competitive level of retirement benefits to an individual who is a member of a select group of
management or a highly compensated executive.
1.02
Effective Date . This Plan is effective as of _______________, 2007 (the “Effective
Date”). The benefit payable under this Plan shall be in substitution for and in lieu of any benefit earned by the
Member under the CTS Corporation [1996/2003] Excess Benefit Retirement Plan (the “[1996/2003] Plan”),
and the Member shall have no claim to any benefit under or determined under the provisions of the [1996/2003]
Plan.
ARTICLE II
Definitions
2.01
Member . [ ] shall be referred to herein as the “Member.”
2.02
Capitalized Terms . Capitalized terms used herein which are not defined shall have the
meanings set forth in the Pension Plan.
ARTICLE III
Benefits
3.01
Retirement Benefit . The Member shall be entitled to receive a Retirement Benefit as
described herein. The amount of the Retirement Benefit which the Member is eligible to receive under this Plan
upon separation from service (as defined by Section 409A of the Code) with the Company shall be equal to the
act