Mueller Industries, Inc. Deferred Compensation Plan Amendment and Restatement Effective January 1, 1997
Purpose
The purpose of this Plan is to provide specified benefits to a select group of management or highly compensated
employees who contribute materially to the continued growth, development and future business success of
MUELLER INDUSTRIES, INC., a Delaware corporation, and its subsidiaries
ARTICLE 1
Definitions
For purposes hereof, unless otherwise clearly apparent from the context, the following phrases or terms shall
have the following indicated meanings:
1.1 "Account Balance" shall mean, with respect to a Participant, the sum of (i) his or her Elective Deferral
Account plus (ii) his or her Employer Matching Contribution Account. This account shall be a bookkeeping entry
only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to
or in respect of a Participant pursuant to the Plan.
1.2 "Annual Bonus" shall mean any compensation, in addition to Base Annual Salary, paid annually in respect of a
Plan Year to a Participant as an employee under any Employer's annual bonus and incentive plans. An annual
Bonus for a Plan Year may, but need not, be paid during such Plan Year
1.3 "Annual Deferral Amount" shall mean that portion of a Participant's Base Annual Salary and/or Annual Bonus
that a Participant elects to have and is deferred, in accordance with Article 3, for any one Plan Year
1.4 "Base Annual Salary" shall mean the annual compensation (excluding bonuses, commissions, overtime,
incentive payments, non-monetary awards, Directors Fees, and other fees) paid to a Participant for services
rendered to any Employer, before reduction for compensation deferred pursuant to all qualified, non-qualified
and Code Section 125 plans of any Employer
1.5 "Beneficiary" shall mean one or more persons, trusts, estates or other entities, designated in accordance with
Article 9, that are entitled to receive benefits under the Plan upon the de