UNIGRAPHICS SOLUTIONS INC
10-Q, EX-10.3, 2000-11-13
PREPACKAGED SOFTWARE
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                                                                    Exhibit 10.3
                                                                    ------------

                      AMENDMENT TWO TO THE FIRST AMENDED
                    UNIGRAPHICS SOLUTIONS INC. 401(K) PLAN

     WHEREAS, Unigraphics Solutions Inc. ("Company") previously adopted the
Unigraphics Solutions Inc. 401(k) Plan ("Plan"); and

     WHEREAS, the Company reserved the right to amend the Plan in Section 16.1
thereof; and

     WHEREAS, effective as of December 31, 1999, the Company desires to amend
the Plan to reflect the definition of compensation to be used to determine the
1999 plan year additional employer contribution;

     NOW, THEREFORE, effective December 31, 1999, Section 4.5.2 is amended by
adding the following sentence to the end thereof:

          "For purposes of this Section 4.5.2, a Participant's Compensation
          shall include his or her salary reduction contributions contributed to
          the Plan under Sections 4.1 and 4.2 for the period January 1, 2000
          through February 15, 2000."


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