EXHIBIT A
FIRST AMENDMENT TO DEFERRED BONUS PLAN
OF
HYDROCHEM INDUSTRIAL SERVICES, INC.
This First Amendment to the Deferred Bonus plan of HydroChem Industrial
Services, Inc. (the `Plan") is effective as of May 1, 2000. As of such date,
Section 2.4 of the Plan is amended in its entirety to read as follows:
2.4 Initial Participants. Any Employee initially selected to be a
Participant in calendar year 1999 shall be awarded a Deferred Bonus at
that time, and subject to continuing as an Employee of the Company,
shall also be awarded a Deferred Bonus in calendar year 2000 equal to at
least one half of the Participant's annual performance bonus for 1999.
Any Employee initially selected to be a Participant in calendar year
2000 shall be awarded a Deferred Bonus at that time, and subject to
continuing as an Employee of the Company, shall also be awarded a
Deferred Bonus in calendar year 2001 equal to at least one half of the
Participant's annual performance bonus for 2000. Other than as set forth
in this section 2.4, the awarding of a Deferred Bonus for any given
calendar year of the Plan shall not mean that a given Participant will
be awarded a Deferred Bonus in any subsequent years of the Plan. If the
Plan is continued past December 31, 2001, the awarding of any further
Deferred Bonuses shall be in the sole and absolute discretion of the
Board of Directors.
