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                                                                    EXHIBIT 10.7

                                  AMENDMENT TO
                      SPLIT DOLLAR LIFE INSURANCE AGREEMENT

         This Amendment, made and entered into as of this _________ day of
______________________________________, 2002, by and between BUTLER
MANUFACTURING COMPANY, a Delaware corporation (hereinafter referred to as the
"Corporation") and _______________ (hereinafter referred to as the "Employee").

         WITNESSETH:

         WHEREAS the Corporation and the Employee entered into that certain
Split Dollar Life Insurance Agreement dated December 20, 1994 (the "Agreement")
and the parties, by mutual agreement, desire to modify and amend the Agreement.

         NOW, THEREFORE, in consideration of these premises and of the mutual
promises contained herein, the parties hereto agree as follows:

         1.       Paragraph 3 of the Agreement shall be amended in its entirety
                  so as to read as follows:

                  "3. Policy Dividends. Effective as of October 1, 2002, any
                  dividend declared on the Policy shall be applied to pay Policy
                  premiums. In the event that any dividend exceeds the amount
                  needed to pay Policy premiums, such excess shall be applied to
                  purchase a paid up addition to the Policy. The parties hereto
                  agree that the dividend election provisions of the Policy
                  shall conform to the provisions hereof."

         2.       Paragraph 4 of the Agreement is hereby amended to add the
                  following as the last sentence hereof:

                  "Notwithstanding any provision of the Agreement, effective as
                  of October 1, 2002, the Corporation shall be relieved of any
                  further obligation to make payment of Policy premiums, except
                  as provided in Paragraph 3 of this Agreement. The Corporation
                  and the Employee acknowledge that the Corporation has paid
                  sufficient Policy premiums so that, together with the payments
                  provided for under Paragraph 3, the Policy can be maintained
                  in full force and effect."

         3.       Subparagraph a. of Paragraph 6 is hereby amended in its
                  entirety, effective as of October 1, 2002, to read as follows:

                  "Except as otherwise provided herein, the Employee may sell,
                  assign, transfer, borrow against, surrender or cancel the
                  Policy, change the beneficiary designation thereof, in any
                  such case, only with the express written consent of the
                  Corporation provided that the Corporation has met its
                  obligations under the terms of this Agreement."

         4.       The following sentence shall be added at the end of paragraph
                  10 of the Agreement to read as follows:

                  "Notwithstanding any other provisions of this Agreement, since
                  the parties have agreed that the Corporation is not required
                  to make any further Policy premium payments, the Corporation
                  and the Employee agree that, effective as of October 1, 2002,
                  the failure of the Company to make any Policy premium
                  payments, except as provided in Paragraph 3, shall not be an
                  event of default under the terms of this Agreement and the
                  collateral assignment of the Policy shall continue in full
                  force and effect."

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement, in
duplicate, as of the day and year first above written.

                                            BUTLER MANUFACTURING COMPANY

                                            By: ________________________________
______________________________      Print Name: ________________________________
Print Name: _____________                       Print Title: ___________________
               "Employee"                                        "Corporation"