<SEC-DOCUMENT>0001003297-11-000101.txt : 20110314
<SEC-HEADER>0001003297-11-000101.hdr.sgml : 20110314
<ACCEPTANCE-DATETIME>20110314170641
ACCESSION NUMBER:		0001003297-11-000101
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20110310
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20110314
DATE AS OF CHANGE:		20110314

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALAMO GROUP INC
		CENTRAL INDEX KEY:			0000897077
		STANDARD INDUSTRIAL CLASSIFICATION:	FARM MACHINERY & EQUIPMENT [3523]
		IRS NUMBER:				741621248
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13854
		FILM NUMBER:		11686216

	BUSINESS ADDRESS:	
		STREET 1:		1627 E WALNUT
		CITY:			SEGUIN
		STATE:			TX
		ZIP:			78155
		BUSINESS PHONE:		8303791480

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 549
		STREET 2:		1627 EAST WALNUT
		CITY:			SEGUIN
		STATE:			TX
		ZIP:			78155
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>esalamo8k-2.htm
<TEXT>
<html>

<head>
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<title>Alamo Group Form 8-K</title>


</head>

<body lang=EN-US>

<div style='page:Section1;'>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>&nbsp;</p>
<hr color="#000000" size="4">
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>&nbsp;</p>
<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="5">UNITED STATES</font></p>

<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="5">SECURITIES AND EXCHANGE
COMMISSION</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'><b>Washington, D.C. 20549</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'><b><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="5">FORM 8-K</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'><b>CURRENT REPORT</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'><b>PURSUANT TO SECTION 13
OR 15(d) OF THE</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'><b>SECURITIES EXCHANGE ACT
OF 1934</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">Date of Report (Date of
earliest event reported)<br>
March 10, 2011</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'><b>
<font size="5">Alamo Group Inc.<br>
</font>
</b>(Exact name of
registrant as specified in its charter)</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>&nbsp;</p>

<table class=MsoNormalTable border=0 cellpadding=0 width=670
 style='width:100%;margin-left:-12.6pt;border-collapse:collapse'>
 <tr>
  <td width=228 valign=top style='width:33%;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial;text-align:center;text-autospace:none; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">State of Delaware</font></b></p>
  <p style='margin-bottom:.0001pt;font-family:Arial;text-align:center;text-autospace:none; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">(State or Other
  Jurisdiction</font></p>
  <p style='margin-bottom:.0001pt;font-family:Arial;text-align:center;text-autospace:none; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">of Incorporation)</font></p>
  </td>
  <td width=213 valign=top style='width:34%;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial;text-align:center;text-autospace:none; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">0-21220</font></b></p>
  <p style='margin-bottom:.0001pt;font-family:Arial;text-align:center;text-autospace:none; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;(Commission file
  number)</font></p>
  </td>
  <td width=230 valign=top style='width:33%;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial;text-align:center;text-autospace:none; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;</font><b><font size="2">74-1621248</font></b></p>
  <p style='margin-bottom:.0001pt;font-family:Arial;text-align:center;text-autospace:none; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">(I.R.S. Employer</font></p>
  <p style='margin-bottom:.0001pt;font-family:Arial;text-align:center;text-autospace:none; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Identification No.)</font></p>
  </td>
 </tr>
</table>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">1627 E. Walnut</font></b></p>

<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">Seguin, Texas 78155</font></b></p>

<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">(Address of Registrant&#146;s
principal executive offices, including zip code)</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">(830) 379-1480</font></b></p>

<p style='margin-bottom:.0001pt;font-family:Arial;margin-bottom:6.0pt;text-align:center;
line-height:8.0pt; margin-left:0in; margin-right:0in; margin-top:0in'><b><u>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u></b></p>

<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">(Registrant&#146;s telephone
number, including area code)</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">N.A.</font></b><font size="2"> </font> </p>

<p style='margin-bottom:.0001pt;font-family:Arial;margin-bottom:6.0pt;text-align:center;
line-height:8.0pt; margin-left:0in; margin-right:0in; margin-top:0in'><b><u>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u></b></p>

<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">(Former name or former
address, if changed since last report)</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following provisions:</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'><font face="Wingdings">&#168;
</font> Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'><font face="Wingdings">&#168;
</font> Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'><font face="Wingdings">&#168;
</font> Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'><font face="Wingdings">&#168;
</font> Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;line-height:1.0pt'>&nbsp;</p>

<br clear=all
style='page-break-before:always'>


<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;line-height:1.0pt'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:Arial;margin-top:5.0pt; margin-left:0in; margin-right:0in'><b>
<font size="2">Item 5.02. Departure of Directors or Certain
Officers; Election of Directors</font></b><font size="2">; </font> </p>

<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers.<br>
<br>
</font>
</b></p>

<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">(e)
On March 10, 2011, the Board of Directors (the &#147;Board&#148;) of Alamo Group Inc.
(the &#147;Company&#148;), upon the recommendation of the Compensation Committee of the
Board (the &#147;Committee&#148;), amended and restated the Alamo Group Incentive
Compensation Plan (the &#147;Plan&#148;).&nbsp; The Plan is a cash incentive plan which allows
the Committee to reward the Company&#146;s named executive officers (the &#147;NEOs&#148;) and
key managers based upon three factors: (1) the overall performance of the
Company, (2) the performance of the segment of the Company or division and/or
business unit in which the employee is expected to contribute and (3) the
individual performance of the employee.&nbsp; The Plan was amended and restated to,
among other things, change the range of the objective component of the target
ICP Payment (as defined below) from 0% to 150% to 0% to 200%.&nbsp; The goal of the
Plan is to tie the NEOs&#146; and key managers&#146; objective with those of the Company
and the shareholders.&nbsp; </font> </p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">The
Plan consists of two components: an objective component that accounts for 75%
of each participant&#146;s potential incentive payment (&#147;ICP Payment&#148;); and a
subjective component, payable at the sole discretion of the Committee based
upon such factors that the Committee deems relevant to each participant, that
accounts for 25% of the potential ICP Payment.&nbsp; At the beginning of each plan
year, a target ICP Payment will be set for each participant expressed as a
percent of base salary, subject to the approval of the Committee.&nbsp; The
objective component can range from 0% to 200% of the target ICP Payment and the
subjective component can range from 0% to 150% of the target ICP Payment.&nbsp;
</font> </p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">The
Company, in its sole discretion, may modify or terminate the Plan and/or
discontinue payments under the Plan at any time prior to payments being made
and make adjustments in ICP Payments if it is later determined, for any reason,
that a lesser incentive payment should have been paid to a participant.&nbsp;
</font> </p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">The
above description of the Plan is qualified in its entirety by reference to the
Plan, which is filed herewith as Exhibit 10.1 and is incorporated herein by
reference.</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">Item
9.01. Financial Statements and Exhibits.</font></b></p>

<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">(d)</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">10.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alamo
Group Incentive Compensation Plan (as amended and restated effective March 10,
2011).</font></p>

<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;line-height:1.0pt'>&nbsp;</p>

<font size="2">

<br clear=all
style='page-break-before:always'>


</font>


<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>

<hr size=3 width="100%" noshade color="#999999" align=center>

</div>

<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">SIGNATURES </font> </p>

<p style='margin-bottom:.0001pt;font-family:Arial;margin-top:10.05pt;text-indent:24.5pt; margin-left:0in; margin-right:0in'>
<font size="2">Pursuant to the
requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned authorized
officer. </font> </p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="102%"
 style='width:102.08%'>
 <tr>
  <td valign=top style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td valign=top style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td width="49%" colspan=3 valign=top style='width:49.94%;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Alamo
  Group Inc.</font></p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Date:
  March 14, 2011</font></p>
  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td valign=top style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td valign=top style='padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">By:</font></p>
  </td>
  <td valign=bottom style='border:none;border-bottom:solid black 1.0pt;
  padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td width="45%" valign=top style='width:45.9%;border:none;border-bottom:solid black 1.0pt;
  padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial;text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">/s/ Robert H. George</font></p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td valign=top style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td valign=top style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td width="45%" valign=top style='width:45.9%;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;&nbsp;&nbsp;&nbsp; Robert
  H. George</font></p>
  <p style='margin-bottom:.0001pt;font-family:Arial;margin-bottom:.85pt; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;&nbsp;&nbsp;&nbsp; Vice
  President</font></p>
  </td>
 </tr>
</table>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;line-height:1.0pt'>&nbsp;</p>

<br clear=all
style='page-break-before:always'>


<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;line-height:1.0pt'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>

<hr size=3 width="100%" noshade color="#999999" align=center>

</div>

<p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
<font size="2">EXHIBIT INDEX </font> </b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<div align=center>

<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%'>
 <tr>
  <td style='padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td width="6%" valign=bottom style='width:6.6%;padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td width="84%" style='width:84.9%;padding:0in 0in 0in 0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td nowrap valign=bottom style='padding:0in 0in 0in 0in'>
  <div style='border:none;border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial;text-align:center;border:medium none;
  padding:0in; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Exhibit&nbsp;No.</font></b></p>
  </div>
  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;&nbsp;</font></p>
  </td>
  <td nowrap valign=bottom style='padding:0in 0in 0in 0in'>
  <div style='border:none;border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial;text-align:center;border:medium none;
  padding:0in; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Description</font></b></p>
  </div>
  </td>
 </tr>
 <tr style='height:6.0pt'>
  <td style='padding:0in 0in 0in 0in;height:6.0pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
  <td colspan=2 style='padding:0in 0in 0in 0in;height:6.0pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td nowrap valign=top style='padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">10.1</font></p>
  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;&nbsp;</font></p>
  </td>
  <td valign=top style='padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;font-family:Arial; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Alamo
  Group Incentive Compensation Plan (as amended and restated effective March
  10, 2011).</font></p>
  </td>
 </tr>
</table>

</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;text-align:center'>

<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
<p style="font-size: 12.0pt; font-family: Arial; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

</div>

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>2
<FILENAME>es10-1.htm
<TEXT>
<html>

<head>
<!-- Document Prepared With IDEAxfiler Software-->
<!-- Copyright 2009 IDEAxfiler TRADEMARK-->
<!-- All rights reserved EDGAR2.com -->



<title>Exhibit 10.1</title>


</head>

<body lang=EN-US>

<div style='page:Section1;'>

<p style='margin:0in;margin-bottom:.0001pt;text-align:center;font-size:12.0pt;font-family:Arial;'><b>&nbsp;</b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:center;font-size:12.0pt;font-family:Arial;'><b>&nbsp;</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:center;font-size:12.0pt;font-family:Arial;'><b>Amended and
Restated</b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:center;font-size:12.0pt;font-family:Arial;'><b>ALAMO GROUP</b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:center;font-size:12.0pt;font-family:Arial;font-weight:bold;'>INCENTIVE
COMPENSATION PLAN</p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><font style="font-size: 12.0pt">&nbsp;</font></p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><font style="font-size: 12.0pt">&nbsp;</font></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;font-size:12.0pt;font-family:Arial;'>The purpose of
the Alamo Group Incentive Compensation Plan (ICP) is to enhance the company&#146;s
performance by providing incentive based compensation to key managers who have the
ability by the nature of their positions to significantly affect the operational
effectiveness and financial performance of the Company or one of its
subsidiaries.&nbsp; The goal of the Plan is to tie the individual&#146;s objectives with
those of the Company and the shareholders.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;font-size:12.0pt;font-family:Arial;'>The plan
consists of both an Objective and Subjective component.&nbsp; At the incentive Target
level, 75% of each participant&#146;s potential ICP incentive payment is derived from
the Objective component of the Plan and 25% is derived from the Subjective
component.&nbsp; All estimated incentive payments under the Plan shall be accrued
and expensed monthly during each Plan Year and paid within 75 days after the
end of the Plan Year.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;font-size:12.0pt;font-family:Arial;'>The primary Objective
component of the ICP is generally based on the relationship between Actual
Earnings and Target Earnings for each subsidiary, division and the Company which
when based on Company-wide performance may be done on the basis of diluted
earnings per share.&nbsp; Target Earnings for the Company and its divisions and
subsidiaries will be determined before the beginning of each Plan Year by the
Compensation Committee of the Board of Directors based on management&#146;s
recommendations, earnings trends to date, projected earnings and on the
Committee&#146;s judgment of a reasonable target considering the performance of
comparable businesses, anticipated market conditions and appropriate goals for
both earnings growth and return on assets. &nbsp;Some key personnel participating in
the ICP Plan may have one or more Objective components in addition to Earnings.
</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;font-size:12.0pt;font-family:Arial;'>The Company,
subject to the Committee&#146;s approval, may change the Objective measures from
year to year if it deems other measures more appropriate to more effectively
focus efforts and achieve priority objectives.&nbsp; The criteria for Actual results
would change accordingly.&nbsp; </p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;font-size:12.0pt;font-family:Arial;'>Actual
Earnings will be the diluted earnings per share or earnings before interest and
taxes (EBIT) calculated in a consistent manner with the Target Earnings and
including adequate accruals to cover the projected payouts under the ICP Plan.&nbsp;
Actual Earnings for any given year are subject to adjustment by the Committee
if deemed appropriate for the effect of items such as extraordinary additions
to or reversals of reserves, acquisitions and divestitures, gains or losses
from the sale of assets and operating income and expenses of discontinued
operations.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;font-size:12.0pt;font-family:Arial;'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;font-size:12.0pt;font-family:Arial;'>For the
Subjective Component of the ICP, the Committee, in its sole discretion, can
establish the applicable ICP incentive payment payable for that year for a
participant at anywhere between 0% and 150% of the Target ICP incentive payment
for the participant based on such goals, criteria and other factors as the
Committee, in its sole discretion, deems relevant.</p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><font style="font-size: 12.0pt">&nbsp;</font></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";'>&nbsp;</p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";line-height:1.0pt'>&nbsp;</p>

<font face="Arial">

<br clear=all
style='page-break-before:always'>


</font>


<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";line-height:1.0pt'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><font style="font-size: 12.0pt">At
the beginning of each Plan Year a Target ICP incentive payment will be set for
each participant expressed as a percent of base salary and submitted to the
Committee for approval.&nbsp; The Actual ICP incentive payment will be determined at
the end of the Plan Year and paid before March 15.</font></p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><font style="font-size: 12.0pt">&nbsp;</font></p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><font style="font-size: 12.0pt">The
Objective component of the ICP payment can range from 0% to 200% of the Target
ICP incentive payment. &nbsp;The Subjective component of the ICP incentive payment can
range from 0% to 150% of the Target ICP incentive payment.&nbsp; </font></p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><font style="font-size: 12.0pt">&nbsp;</font></p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><font style="font-size: 12.0pt">&nbsp;</font></p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><font style="font-size: 12.0pt">&nbsp;</font></p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'>
<i><font style="font-size: 12.0pt">The
Company, in its sole discretion, reserves the right to modify or terminate the
Plan and/or discontinue payments under the Plan at any time prior to payments
being made. If ICP payments are made and it is later determined, for any
reason, that adjustments are necessary which would indicate a lesser incentive payment
than paid, future incentive payments will be adjusted in an amount equal to the
over-payment. &nbsp;</font></i></p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><i><font style="font-size: 12.0pt">&nbsp;</font></i></p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><i><font style="font-size: 12.0pt">The
Compensation Committee, in its sole discretion, is entitled to interpret the ICP.&nbsp;
Incentives payouts under the ICP Plan are not deemed earned until paid and
participants have no rights to any payments under the ICP until payments under
the ICP are made. </font></i></p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><font style="font-size: 12.0pt">&nbsp;</font></p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'><font style="font-size: 12.0pt">&nbsp;</font></p>

<p style='margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial";text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'>
Revision Date:&nbsp; 3-10-2011</p>

<div>

<table cellspacing=0 cellpadding=0 hspace=0 vspace=0 align=center>
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	2</p>
  </td>
 </tr>
</table>

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<br clear=ALL>

</font>

<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";text-align:center'>

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</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman";line-height:1.0pt'>&nbsp;</p>

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