CTS CORP
(B) AMENDMENTS - CTS CORPORATION PENSION PLAN
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<TYPE>EX-10
<SEQUENCE>4
<FILENAME>ex10b-10q2qtr2003.htm
<DESCRIPTION>(B) AMENDMENTS - CTS CORPORATION PENSION PLAN
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     <!-- Firm Name:      CTS Corporation                                                  -->
     <TITLE>Exhibit (10)(b)</TITLE>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><A HREF="form10q-2qtr2003.htm">Form 10-Q<BR>Second Quarter 2003</A></FONT></P>



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<P align="center"><FONT size="2"><B>Exhibit (10)(b)</B>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Amendments to the CTS
Corporation Salaried Employees' Pension Plan now known as the <BR>CTS Corporation Pension Plan </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Effective December 31, 2002,
Section&nbsp;1.1 of the Plan is amended in its entirety as follows: </FONT></P>

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&#147;1.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Establishment of the Plan.  </U></FONT></TD>
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A.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On August&nbsp;13,
1957, CTS Corporation established a pension plan, which as           amended from time to
time, was known as the &#147;CTS Corporation Salaried           Employees&#146; Pension
Plan&#148; (hereinafter referred to as the           &#147;Plan&#148;).  </FONT></TD>
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B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company also maintained the CTS&nbsp;Corporation Retirement Plan as adopted           by
the Resistor Network Division (the &#147;Resistor Network Division           Plan&#148;)
and the CTS Corporation Retirement Plan, as adopted by the Asheville           Division,
Electromechanical Group (the &#147;Asheville Division Plan&#148;). The           Resistor
Network Division Plan and the Asheville Division Plan were merged into           the Plan
as of December&nbsp;31, 2002. The assets and liabilities of the           Resistor
Network Division Plan and the Asheville Division Plan were transferred           to and
became part of this Plan at such time. The post-merger surviving plan was
          renamed the CTS Corporation Pension Plan (the &#147;Plan,&#148; effective
          December&nbsp;31, 2002), and applies to certain salaried and hourly employees
          who satisfy the requirements for participation.  </FONT></TD>
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Effective
as of the December 31, 2002 merger, the Plan document contains new Appendix&nbsp;C, which
is the prior Resistor Network Division Plan document and represents a complete set of
provisions applicable to employees and participants to which Appendix&nbsp;C applies.
Also effective as of the December 31, 2002 merger, the Plan document contains a new
Appendix D, which is the prior Asheville Division Plan document and represents a complete
set of provisions applicable to employees and participants to which Appendix D applies.  </FONT></TD>
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Notwithstanding
the foregoing, effective as of the December 31, 2002 merger, the Plan contained in this
document and Appendix&nbsp;C and Appendix D is intended to be a &#147;single plan&#148; as
such term is defined IRS regulation section&nbsp;1.414(l)-1(b)(1). All of the assets of
the Plan shall be available to provide benefits under the Plan. In the discretion of the
Administrator, separate accounting may be maintained for various divisions of the Company
participating in the Plan for purposes of cost allocation, but separate accounting shall
not be maintained for purposes of providing benefits under the Plan.&#148; </FONT></TD>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Effective December 31, 2002,
Section&nbsp;1.4 is added to the Plan as follows: </FONT></P>

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&#147;1.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Appendices to the Plan.</U> </FONT></TD>
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A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Effective
December&nbsp;31, 2002, the Plan document shall contain Appendix C           which shall
consist of the prior plan document for the Resistor Network Division           Plan (as
amended and restated effective December&nbsp;8, 1994 and most recently           dated
June&nbsp;12, 2002). Appendix C shall represent a complete set of           provisions
for employees and participants to which the Appendix applies.  </FONT></TD>
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B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Effective
December&nbsp;31, 2002, the Plan document shall contain Appendix D           which shall
consist of the prior plan document for the Asheville Division Plan           (as amended
and restated effective December&nbsp;8, 1994 and most recently dated           June&nbsp;12,
2002). Appendix D shall represent a complete set of provisions for           employees
and participants to which the Appendix applies.&#148; </FONT></TD>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Effective July 1, 2002, Section 6.14
of the Plan is hereby deleted in its entirety and the following is substituted in lieu
thereof: </FONT></P>

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&#147;6.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Minimum Benefit Accrual</U>. &nbsp;The Annual Retirement Benefit of each Participant who is
an Employee at any time on or after July 1, 1996 and who is neither a Highly Compensated
Employee nor a Transferred Participant listed in Exhibit B-E1 of Appendix B will be the
greater of: (1) $400.00 or (2) such Participant&#146;s Annual Retirement Benefit under
the Plan. For each Participant who is an Employee at any time on or after July 1, 2002
and who is neither a Highly Compensated Employee nor a Transferred Participant listed in
Exhibit B-E1 of Appendix B, the amount in Section 6.14(1) shall be increased to $600.00.&#148; </FONT></TD>
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