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EXHIBIT 10.1.1
AMENDMENT 1 TO THE TRANSFER AGREEMENT
BETWEEN UCAR CARBON COMPANY INC.
AND UCAR GRAPH-TECH INC.
The Transfer Agreement is hereby amended, in accordance with the following.
1. The second paragraph of Section 4.1 of Article 4 is hereby amended to read in
its entirety as follows:
"Transferee and its participating subsidiaries hereby agree to be,
and from and after the Closing shall continue to be, (i) jointly and
severally liable with Transferor and its other participating subsidiaries and
affiliates for all benefits owed to participants under the Program and the
Plan and (2) except as otherwise expressly provided in the Services
Agreement, solely liable and responsible for all benefits owed to its
employees and retirees, and their beneficiaries, under such plans. The
parties agree that all employees of Transferor who retired from the Business
after February 25, 1991 (approximately 20 employees), and employees of
Transferee and its subsidiaries (including the Employees) who retire after
the Closing, shall be considered retirees of Transferee for all purposes
(including, but not limited to, funding obligations and administration of
benefits) under the Program, the Plan and such plans."
Date: July 14, 2000
