<PAGE>

Non-Standardized Profit Sharing/Thrift Plan With 401(k) Feature
Adoption Agreement Number 001-03

This Adoption Agreement, when executed by the Employer and accepted by the Plan
Administrator, and the Trustee, if applicable, and accepted by Connecticut
General Life Insurance Company, establishes the Employer's Plan and Trust, if
applicable, for the benefit of its eligible Employees and their Beneficiaries.
The terms of the Connecticut General Life Insurance Company Defined Contribution
Plan are expressly incorporated therein and shall form a part hereof as fully as
if set forth herein except that if more than one election is provided, only that
election made by the Employer shall be so incorporated. The terms of the Plan so
incorporated together with the terms of this Adoption Agreement shall constitute
the sole terms of the Employer's Plan and Trust, if applicable, and no further
trust instrument or other instrument of any nature whatsoever shall be required.
The Employer's participation under the Plan shall be subject to all the terms
set forth therein and in this Adoption Agreement.

-+ Note: Section 414(d) governmental plans and section 414(e) nonelecting church
plans that do not wish to provide ERISA-required benefits should not adopt this
document.

------------------------------------------------------------------------------
Plan Document  GENERAL INFORMATION
Section
------------------------------------------------------------------------------

               Legal Name of Employer: Central CPVC Company
                                       --------------------
------------------------------------------------------------------------------

               Address: 245 Swancott Road
                        -----------------

               City: Huntsville         State: AL           Zip: 35758
                     ----------                --                -----

------------------------------------------------------------------------------

               Plan Name: Central CPVC Company
                          401 (k) Profit Sharing Plan
                          ---------------------------

------------------------------------------------------------------------------
               Plan Number: 001
                            ---

               -+   To be assigned by the Employer. For example: 001, 002, and
                    so on.
------------------------------------------------------------------------------

               Employer's EIN: 63-1133266
                               ----------
------------------------------------------------------------------------------
               Classification of Business:
               [X] C Corporation        [ ] S Corporation    [ ] Partnership
               [ ] Sole Proprietorship  [ ] Tax-Exempt/Nonprofit Organization
               [ ] Other:___________________
                  
------------------------------------------------------------------------------



                                       -1-


<PAGE>
--------------------------------------------------------------------------------
Plan Document   GENERAL INFORMATION
Section
--------------------------------------------------------------------------------
                Employer Tax Status:

                Tax Year Ends (MM/DD): 10/31
                                       -----

                Tax Basis: [ ] Cash     [X] Accrual
--------------------------------------------------------------------------------
1.20            Effective Date

                The adoption of the CONNECTICUT GENERAL LIFE INSURANCE COMPANY
                Non-Standardized Profit Sharing/Thrift Plan with 401(k) Feature
                shall:

                [X] A. Establish a new Plan effective as of (MM/DD/YY):
                       11/01/96.
                       ---------

                [ ] B. Constitute an amendment and restatment in its entirety of
                       a previously established Qualified Plan of the Employer
                       which was effective _________ (hereinafter called the
                       "Effective Date"). The effective date of this amendment
                       and restatement is _________.
--------------------------------------------------------------------------------
                Merger Data

                This Plan includes funds from a prior or coincidental merger
                of a:

                [ ] A. Money Purchase Plan
                [ ] B. Target Benefit Plan
                [X] C. Not Applicable
--------------------------------------------------------------------------------
                Sponsoring Organization:

                Connecticut General Life Insurance Company
                P.O. Box 2975
                Hartford, CT 06104
                (860) 725-2274
--------------------------------------------------------------------------------

                                      -2-
<PAGE>

                               Table of Contents

Article Page

    I. Nontrusteed, Trust and Trustee..........................................4

   II. Plan Administrator......................................................4

  III. Plan Year...............................................................5

   IV. Compensation............................................................6

    V. Highly Compensated Employee.............................................7

   VI. Service.................................................................8

  VII. Eligibility Requirements...............................................10

 VIII. Entry Date.............................................................13

   IX. Vesting................................................................15

    X. Contributions..........................................................18

   XI. Contribution Period....................................................28

  XII. Allocation of Contributions............................................29

 XIII. Limitations on Allocations.............................................31

  XIV. Investment of Participant's Account....................................32

   XV. Life Insurance.........................................................32

  XVI. Employer Stock.........................................................33

 XVII. Withdrawals Preceding Termination......................................34

XVIII. Loans to Participants, Beneficiaries and Parties-in-Interest...........38

  XIX. Retirement and Disability..............................................39

   XX. Distribution of Benefits...............................................40

  XXI. Qualified Preretirement Survivor Annuity...............................41

 XXII. Amendment of the Plan..................................................41

XXIII. Top-Heavy Provisions...................................................42

 XXIV. Other Adopting Employer................................................44


                                      -3-
<PAGE>
--------------------------------------------------------------------------------
Plan Document             I. NONTRUSTEED, TRUST, AND TRUSTEE
Section
--------------------------------------------------------------------------------
-+ The Plan must have a Trustee if the Employer has elected Employer Stock,
Loans, investment in Life Insurance, and/or any investment other than through
a contract with Connecticut General Life Insurance Company.

-+ If the plan is trusteed, the Employer must apply for a Trust Tax
Identification Number, unless the Trust already has obtained one, even if CG
Trust Company has been appointed as the Plan's Trustee:
--------------------------------------------------------------------------------
                The Plan is:

1.39            [ ] A. Nontrusteed.
--------------------------------------------------------------------------------

1.73, 1.74      [X] B. Trusteed and Trustees are:

                        Trustee(s)
                        Name(s):George G.  Meyer, William J. Pardue
                                -----------------------------------

                                Albert T. Sabol
                                ---------------

                        Address: Central Sprinkler Corporation
                                 -----------------------------

                                 451 North Cannon Avenue
                                 -----------------------

                        City: Lansdale         St: PA          Zip: 19446
                              --------             --               -----

                        Trust EIN:_______________________________________



--------------------------------------------------------------------------------
1.73, 1.74      [ ] C.  Trusteed and CG Trust Company has been appointed as the 
                        Plan's Trustee.

                        Trust
                        Name:           CG Trust Company

                        Address:        525 West Monroe St., Suite 1800
                                        Chicago, IL 60661-3629

                Employer's Trust EIN:
                                     -----------
--------------------------------------------------------------------------------
Plan Document             II. PLAN ADMINISTRATOR
Section
--------------------------------------------------------------------------------
1.50            The Plan Administrator is:

                Name: Central Castings Corporation
                      ----------------------------

                      c/o Central Sprinkler Company
                      -----------------------------

                Address:451 North Cannon Avenue
                        -----------------------


                City: Lansdale             State: PA           Zip: 19446
                      --------                    --                -----


--------------------------------------------------------------------------------



                                       -4-


<PAGE>

--------------------------------------------------------------------------------
Plan Document                   III. PLAN YEAR
Section
--------------------------------------------------------------------------------

1.51                A. The Plan Year will mean:

                        [ ] 1.  The 12-consecutive-month period commencing on
                                (MM/DD/YY)_____ and each anniversary thereof
                                except that the first plan year will commence on
                                (MM/DD/YY)_____

                                This election may be made only for new plans.

                        [X] 2.  The 12-consecutive-month period commencing on
                                (MM/DD/YY) 11/01/96 and each anniversary 
                                thereof.

--------------------------------------------------------------------------------


                                       -5-
<PAGE>
--------------------------------------------------------------------------------
Plan Document                   IV. COMPENSATION
Section
--------------------------------------------------------------------------------
                                

                   -+(i) Election of options 1-6 below does not require a
                         separate nondiscrimination test. 

                  -+(ii) If option 1, 2, or 3 is elected, you must elect the
                         same definition of Compensation in Section XIII,
                         Limitations on Allocations.

                 -+(iii) Options 1-6 include lump sum amounts and/or cash
                         bonuses. These amounts are included in compensation in
                         the year in which paid.

                  -+(iv) Options 4-9 may not be elected by a plan that uses an
                         integrated allocation formula.

                   -+(v) This compensation definition is for purposes of
                         allocating contributions under the Plan. For
                         nondiscrimination testing, the Employer may use any
                         definition of compensation that is based upon Code
                         section 4l4(s) or 4l5(c)(3). Use of options 7, 8, or 9
                         for nondiscrimination testing requires that the
                         employer satisfy a separate compensation
                         nondiscrimination test.

--------------------------------------------------------------------------------
                         A.    Indicate the number of the Compensation 
                               definition that will be used for allocating
                               each type of contribution.

                                        Elective Deferral Contributions: 2
                                        Matching Contributions: 2
                                        Nonelective Contributions: 2
                                        Employee Contributions:__________

1.12              For purposes of allocating contributions, Compensation 
                  means:

1.12(a)           1.  Wages, Tips and Other Compensation Box on Form W-2.

1.12(b)           2.  Section 3401(a) wages.

1.12(c)           3.  415 safe-harbor compensation.

1.12(d)           4.  Modified Wages, Tips, and Other Compensation Box on 
                      Form W-2.

1.12(e)           5.  Modified section 3401(a) wages.

1.12(f)           6.  Modified 415 safe-harbor compensation.

1.12(g)           7.  Regular or base salary or wages.

1.12(h)           8.  Regular or base salary or wages plus [ ] overtime 
                      and/or [ ] bonuses.

1.12(i)           9.  A "reasonable alternative definition of 
                      Compensation," as that term is used under Code 
                      section 414(s)(3) and the regulations thereunder.
                          
                      The definition of Compensation is: _______________________
                      __________________________________________________________
                      __________________________________________________________

                   -+Lump sum amounts and/or cash bonuses may be excluded only
                   if specified in this definition. Also see note (v) above.

--------------------------------------------------------------------------------
                   
                                       -6-


<PAGE>

--------------------------------------------------------------------------------
Plan Document                   IV. COMPENSATION
Section
--------------------------------------------------------------------------------

1.12            B.      Compensation shall be determined over the following 
                        determination period:

                        [ ] 1.  The Plan Year.

                        [ ] 2.  A 12-consecutive-month period beginning on
                                (MM/DD)_____ and ending with or within the Plan
                                Year. For Employees whose date of hire is less
                                than 12 months before the end of the designated
                                12-month period, Compensation will be determined
                                over the Plan Year.

                        [X] 3.  The Plan Year. However, for the Plan Year in
                                which an Employee's participation begins, the
                                applicable period is the portion of the Plan
                                Year during which the Employee is eligible to
                                participate in the Plan.

--------------------------------------------------------------------------------
1.12            C.      Compensation shall/shall not include Employer 
                        contributions made pursuant to a salary reduction 
                        agreement, which are not includable in the gross income 
                        of the Employee under Code section 125, 402(e)(3),
                        402(h)(1)(B) or 403(b).

                                [X]    Shall      [ ]    Shall Not

--------------------------------------------------------------------------------
1.12            D.      The highest annual Compensation to be used in 
                        determining allocations to a Participant's Account shall
                        be:

                        $_______________

               -+Enter an amount if less than the $150,000 (as indexed)
               limitation on compensation.

--------------------------------------------------------------------------------
Plan Document               V. HIGHLY COMPENSATED EMPLOYEE
Section
--------------------------------------------------------------------------------


1.29            A.      Highly Compensated Employees shall be determined using:

1.29(a)                 [X] 1.   The Traditional Method.

1.29(b)                 [ ] 2.   The Simplified Method for Employers in more
                                 than one geographical area.

1.29(c)                 [ ] 3.   The alternative Simplified Method.

1.29(d)                 [ ] 4.   The alternative Simplified Method with Snapshot
                                 Day basis.

                        The Snapshot Day is ___________ (fill in).


--------------------------------------------------------------------------------



                                       -7-



<PAGE>
--------------------------------------------------------------------------------
Plan Document               V. HIGHLY COMPENSATED EMPLOYEE
Section
--------------------------------------------------------------------------------

1.29(a)         B.      If A.1. or A.2. is chosen above, the Look-Back Year
                        shall be:

                        [X]   1. The 12-month period immediately preceding
                                 the Determination Year.

                        [ ]   2.  The calendar year ending with or within the
                                  Determination Year.

                        -+ If B.2. is selected and the Determination Year (Plan
                        Year) is the calendar year, then the Look-Back Year is
                        the same 12-month period as the Determination Year. This
                        avoids having to look back at data from a prior year.

                        -+ However, if the Determination Year is not the
                        calendar year, the Determination Year calculation must
                        be made on the basis of a lag period (the period running
                        from the end of the Look-Back Year to the end of the
                        Determination Year), with the applicable dollar amounts
                        adjusted on a pro rata basis for the number of months in
                        the lag period.

--------------------------------------------------------------------------------
Plan Document                   VI. SERVICE
Section
--------------------------------------------------------------------------------
 Check off appropriate basis for determining service.
--------------------------------------------------------------------------------
2A.3, 2A.9       A.       Hours of Service or Elapsed Time

<TABLE>
<CAPTION>
                            1.  Years of Service shall be determined on the following basis:
                               <S>               <C>                         <C>                   <C>
                                a.  Eligibility:                   [X] Hours of Service       [ ]  Elapsed Time

                                b.  Vesting:                       [X] Hours of Service       [ ]  Elapsed Time

                                c.  Allocation of Contributions:   [X] Hours of Service       [ ]  Elapsed Time
</TABLE>

                            2.  If service is based on Hours of Service, Hours
                                shall be determined on the basis of:

                                [X]  a. Actual hours for which paid or entitled
                                        to payment.

                                [ ]  b. Days Worked (10 Hours of Service).

                                [ ]  c. Weeks Worked (45 Hours of Service).

                                [ ]  d. Semimonthly payroll periods (95 Hours of
                                        Service).

                                [ ]  e. Months Worked (190 Hours of Service).

                              -+ For options b, c, d, and e: If the Employee
                            would be credited with 1 Hour of Service during the
                            period, the Employee shall be credited with the
                            number of Hours of Service indicated in parentheses.
--------------------------------------------------------------------------------



                                       -8-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                   VI. SERVICE
Section
--------------------------------------------------------------------------------

          B.   Service with other employers.
1.24

          1.   Service with members of the Employer's controlled group of
               corporations, affiliated service group, or group of business
               under common control ("controlled group").

          -+ Service for an employer while the employer is part of the
          controlled group must be taken into account.

               a.   Service with a member of the controlled group prior to it
                    becoming part of the controlled group will be included for
                    all purposes.

                              [ ]   Yes         [X]   No

2A.5      2.   Service with a predecessor organization.

          -+ Service with a predecessor organization of the Employer must be
          taken into account if the Employer maintains the Plan of the
          predecessor organization.

          a.   Service with a predecessor organization will be included for all
               purposes even if the Employer does not maintain the plan of the
               predecessor organization.

                              [ ]   Yes         [X]   No

2A.5      3.   Service with the following subsidiary(ies) or affiliated
               organization, not related to the Employer under the rules of Code
               sections 414(b), (c) or (m), shall be considered Service for all
               purposes of this plan:

               _____________________________________________________________
                                
               _____________________________________________________________
                                
               _____________________________________________________________
                                

               -+Service credited under 1.a, 2.a and 3 must apply to all
               similarly situated Employees, must be credited for a legitimate
               business reason, and must not by design or operation discriminate
               significantly in favor of Highly Compensated Employees.


--------------------------------------------------------------------------------





                                       -9-



<PAGE>
--------------------------------------------------------------------------------
Plan Document              VII.  ELIGIBILITY REQUIREMENTS
Section
--------------------------------------------------------------------------------
-+Check or fill out appropriate requirements for each type of contribution in
the Plan.
--------------------------------------------------------------------------------
2A.5(a), 2B.1       A.   Eligibility Requirements

                    1.   If Employer is a Partnership or Sole Proprietorship:
                         Self-Employed Individuals are eligible to participate
                         in the Plan.

                               [ ] Yes               [ ] No

                    2.   Immediate Participation.

                         -+No age or service requirement.

                              [ ] Elective Deferral Contributions
                              [ ] Matching Contributions
                              [ ] Nonelective Contributions
                              [ ] Employee Contributions

                    3.   Service Requirement.

                         -+Not to exceed 1 year if graded vesting; not to exceed
                         2 years if 100% immediate vesting. Not to exceed 1/2
                         year if graded vesting or 1 1/2 years if 100% immediate
                         vesting if annual Entry Date is chosen in Section VIII
                         "Entry Date." Not to exceed 1 year for Elective
                         Deferral Contributions.

                         [X] Elective Deferral Contributions: 1 (indicate number
                             of years)
                         [X] Matching Contributions: 1 (indicate number of
                             years) 
                         [X] Nonelective Contributions: 1 (indicate number of
                             years) 
                         [ ] Employee Contributions:_______ (indicate number of
                             years)

                         -+Fill in the blank(s) above with the amount of service
                         required. Any service requirement not in units of whole
                         years requires service for eligibility to be determined
                         based on elapsed time (see Section VI.A.1.a).

                    4.   Age Requirement.

                         -+Not greater than 21 years. If annual entry date is
                         chosen in Section VIII "Entry Date," not greater than
                         20 1/2 years.

                         [X] Elective Deferral Contributions: 21 (indicate
                             minimum age)
                         [X] Matching Contributions: 21 (indicate minimum age)
                         [X] Nonelective Contributions: 21 (indicate minimum
                             age)
                         [ ] Employee Contributions:_____ (indicate minimum age)

                    5.   Employees who were employed on or before the initial
                         Effective Date of the Plan or the Effective Date of the
                         amendment and restatement of the Plan, as indicated on
                         page 2, shall/shall not be immediately eligible without
                         regard to any Age and/or Service requirements specified
                         in 2 or 3 above.

                              [X] Shall            [ ] Shall Not

--------------------------------------------------------------------------------

                                      -10-
<PAGE>
--------------------------------------------------------------------------------
Plan Document              VII.  ELIGIBILITY REQUIREMENTS
Section
--------------------------------------------------------------------------------
2B.1                B.   Job Class Requirements

                    An Employee must be a member of one or more of the following
                    selected classifications:

                    1.   No Job Class Requirements:
                                   [X] Elective Deferral Contributions
                                   [X] Matching Contributions
                                   [X] Nonelective Contributions
                                   [X] Employee Contributions

                    2.   Salaried:
                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions

                    3.   Hourly:
                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions
                                   
                    4.   Clerical:
                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions
                                   
                    5.   Employees whose employment is governed by a collective
                         bargaining agreement represented by the following
                         union _________:
                        
                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions
                                    
                    6.   Other (fill in): _____________
                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions
                                   
                         -+"Part-time" Employees may not be excluded.

--------------------------------------------------------------------------------
                                       11
<PAGE>
--------------------------------------------------------------------------------
Plan Document              VII.  ELIGIBILITY REQUIREMENTS
Section
--------------------------------------------------------------------------------
  2B.1              C.   Additional Requirements

                         An Employee must be in the following designated
                         division(s) of the Employer:

                         _____________________________________________________

                         _____________________________________________________

                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions
                                   

 2B.1               D.   An Employee must not be a member of any one of the
                         following groups:

                    1.   Union.

                         -+Employees who are members of a union are defined as:
                         Employees included in a unit of Employees covered by a
                         collective bargaining agreement between the Employer
                         and employee representatives, if retirement benefits
                         were the subject of good faith bargaining and if two
                         percent or less of the employees of the Employer who
                         are covered pursuant to that agreement are professional
                         employees as defined in section 1.410(b)-9 of the
                         regulations. For this purpose, the term "employee
                         representatives" does not include any organization more
                         than half of whose members are Employees who are
                         owners, officers, or executives of the Employer, unless
                         the collective bargaining agreement provides for
                         coverage under the Plan.

                                   [X] Elective Deferral Contributions
                                   [X] Matching Contributions
                                   [X] Nonelective Contributions
                                   [ ] Employee Contributions
                                   

                    2.   Nonresident aliens (within the meaning of Code section
                         7701(b)(1)(B)) who receive no earned income (within the
                         meaning of Code section 911(d)(2)) from the Employer
                         that constitutes income from sources within the United
                         States (within the meaning of Code section 861(a)(3)).

                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions
                                   

--------------------------------------------------------------------------------

                                      -12-



<PAGE>
--------------------------------------------------------------------------------
Plan Document              VII.  ELIGIBILITY REQUIREMENTS
Section
--------------------------------------------------------------------------------

                    3.   Employees covered by the following designated qualified
                         employee benefit plans:

                         _____________________________________________________

                         _____________________________________________________

                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions
--------------------------------------------------------------------------------
 1.15               E.   The Plan covers Employees whose conditions of
                         employment are mandated under the Davis-Bacon Act.

                              [ ] Yes      [ ] No

--------------------------------------------------------------------------------
Plan Document              VIII.  ENTRY DATE
Section
--------------------------------------------------------------------------------

-+Check the appropriate requirement for Entry Date.
--------------------------------------------------------------------------------
 1.25               A.   Immediately.

                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions
--------------------------------------------------------------------------------

 1.25               B.   The first day of any month.

                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions
--------------------------------------------------------------------------------

 1.25               C.   Quarterly (that is, three months apart) on each:

                         (MM/DD) 02/01, or (MM/DD) 05/0l, or

                         (MM/DD) 08/01, or (MM/DD) 11/01,

                         -+Fill in dates.

                                   [X] Elective Deferral Contributions
                                   [X] Matching Contributions
                                   [X] Nonelective Contributions
                                   [ ] Employee Contributions
--------------------------------------------------------------------------------


                                      -13-



<PAGE>
--------------------------------------------------------------------------------
Plan Document              VIII.  ENTRY DATE
Section
--------------------------------------------------------------------------------

 1.25               D.   Semiannually (that is, six months apart) on each:

                         (MM/DD)_____   or (MM/DD) ________.

                    -+Fill in dates.

                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions
--------------------------------------------------------------------------------
 1.25               E.   Annually, on each (MM/DD)_________.

                    -+Fill in date.

                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions
--------------------------------------------------------------------------------

 1.25               F.   The first day nearest to the date(s) selected in B, C,
                         D or E above, whether before or after that date, that
                         the Participant meets the Eligibility Requirements.

                                   [ ] Elective Deferral Contributions
                                   [ ] Matching Contributions
                                   [ ] Nonelective Contributions
                                   [ ] Employee Contributions

                    -+ Allows retroactive entry into the Plan. This may have an
                    effect on various nondiscrimination tests for the Plan.

--------------------------------------------------------------------------------

                                      -14-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                   IX. VESTING
Section
--------------------------------------------------------------------------------

 1.76               A.   Vesting Percentage.

                    The Vesting Schedule, based on number of Years or Periods of
                    Service, shall be as indicated below. Indicate the number of
                    the vesting schedule that applies to any Nonelective
                    Contributions, Matching Contributions, and Prior Employer
                    Contributions. The vesting schedules are depicted in 1
                    through 8, below.

                               Nonelective Contributions are subject to vesting
                               schedule: __________________

                               Matching Contributions are subject to vesting 
                               schedule: __________________

                               Prior Employer  Contributions  are subject to 
                               vesting schedule: __________

                       1.      Immediately         =           100%

                       2.      0-3 Years           =           0%
                               3 Years             =           100%

                       3.      1 Year              =           20%
                               2 Years             =           40%
                               3 Years             =           60%
                               4 Years             =           80%
                               5 Years             =           100%

                       4.      0-3 Years           =           0%
                               3 Years             =           20%
                               4 Years             =           40%
                               5 Years             =           60%
                               6 Years             =           80%
                               7 Years             =           100%

                       5.      0-2 Years           =           0%
                               2 Years             =           20%
                               3 Years             =           40%
                               4 Years             =           60%
                               5 Years             =           80%
                               6 Years             =           100%

                       6.      0-5 Years           =           0%
                               5 Years             =           100%

                       7.      1 Year              =           25%
                               2 Years             =           50%
                               3 Years             =           75%
                               4 Years             =           100%


                                      -15-
<PAGE>
--------------------------------------------------------------------------------
Plan Document                   IX. VESTING
Section
--------------------------------------------------------------------------------

                       8.   Other. Must be at least as liberal as #4 or #6
                            above.

                            Less than 3              =         0%
                            3 but greater than 4     =        25%
                            4 but greater than 5     =        50%
                            5 but greater than 6     =        75%
                            6 or more                =       100%
--------------------------------------------------------------------------------
 2A.5(b)            B.   The vesting computation period shall be based on the
                         Employee's service in the:

                         [X] Plan Year           [ ] Employment year

--------------------------------------------------------------------------------
 2A.7, 2A.10        C.   Excluded Years or Periods of Service.

                         The vesting percentage shall be based on all Years of
                         Service (i.e., completing 1000 Hours of Service) or
                         Periods of Service (i.e., Elapsed Time), EXCEPT that
                         the following shall be excluded:

                         Years or Periods of Service:

                         [ ]    1. Prior to the time the Participant attained 
                                   age 18.

                         [X]    2. During which the Employer did not maintain 
                                   the plan or predecessor plan.

                         [ ]    3. During which the Participant elected not to
                                   contribute to a plan which required Employee
                                   Contributions.

                         [ ]    4. Rule of Parity (Elapsed Time).

                                    -+Rule of Parity (Elapsed Time): In the
                                    event a reemployed Employee has no vested
                                    interest in Employer Contributions at the
                                    time the break occurred, and has since
                                    incurred 5 consecutive 1-year
                                    Breaks-in-Service, and has a Period of
                                    Severance which equals or exceeds his prior
                                    Period of Service, such prior Service may be
                                    disregarded.

                          [ ]   5. Rule of Parity (Hours of Service).

                                    -+Rule of Parity (Hours of Service): Years
                                    of Service prior to a Break-in-Service may
                                    be disregarded if the participant had no
                                    vested interest in Employer Contributions at
                                    the time the break occurred, and the
                                    Participant has since incurred 5 consecutive
                                    1-year Breaks-in-Service, and the number of
                                    consecutive 1-year Breaks-in-Service is at
                                    least as great as the Years of Service
                                    before the break occurred.

                          [ ]   6.  Prior to any 1-Year Break-in-Service until
                                    the Employee completes a Year of Service
                                    following reemployment.

                          [ ]   7.  None of the above.
--------------------------------------------------------------------------------



                                      -16-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                   IX. VESTING
Section
--------------------------------------------------------------------------------
 3D.1, 3D.2,     D.      Forfeitures.
 2A.7, 2A.10
                 1.      Forfeitures will occur:

                         [ ] a. Immediately.

                             [ ](1) Optional Payback Method.

                             [ ](2) Required Payback Method.

                         [ ] b. Upon a 1-Year Break-in-Service.

                             [ ](1) Optional Payback Method.

                             [ ](2) Required Payback Method.

                         [ ] c. upon 5 consecutive 1-Year Breaks-in-Service.

                2. Forfeitures will be:

                         [ ] a. Used as an Employer Credit.

                         [X] b. Reallocated to Participants' Accounts.

                         [ ] c. Used as an Employer Credit and then, to the
                                extent any Forfeitures remain, reallocated 
                                to Participants' Accounts.

                         -+If choice IX.D.2.b or c is selected and the Plan
                         provides Matching Contributions, the Actual
                         Contribution Percentage (ACP) Test will be affected.




                                      -17-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                   X. CONTRIBUTIONS
Section
--------------------------------------------------------------------------------

   2C.1(k) (1)      A.   Elective Deferral Contributions

                    1.   Availability/Amount

                         [ ] Not Available under the Plan. 

                         [X] Available under the Plan (complete the following).

                               Each Participant MAY elect to have his
                               Compensation actually paid during the Plan Year
                               reduced by:

                                   [ ] a. _______%.

                                   [ ] b. up to _________%.

                                   [ ] c. from _______% to ________%.

                                   [X] d. up to the maximum percentage
                                          allowable, not to exceed the limits 
                                          of Code sections 402(g) and 415.

                              -+Lump sum amounts and/or cash bonuses must be
                              subject to the salary deferral election unless the
                              definition of compensation in Section IV.A.9 has
                              been elected and these amounts have been
                              specifically excluded from that compensation
                              definition. Lump sum amounts and cash bonuses are
                              deferred upon and tested in the Plan Year in which
                              paid.

                    2.   Modification

                         A Participant may change the amount of Elective
                         Deferral Contributions the Participant makes to the
                         Plan (complete a and b):

                         [ ] a.  _____ per calendar year (may not be less
                                 frequent than once).

                         [X] b.  As of the following date(s) (MM/DD):

                                 02/01
                                 ------------------------------------  
                                 05/01
                                 ------------------------------------  
                                 08/01
                                 ------------------------------------  
                                 11/01
                                 ------------------------------------  

                                 ------------------------------------  


                                      -18-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                   X. CONTRIBUTIONS
Section
--------------------------------------------------------------------------------

                    B.   Required Employee Contributions

2C.1(b)             1.   Availability/Amount

                             [ ] Not Available under the Plan. 
                        
                             [ ] Available under the Plan and must be made as a
                                 condition of receiving an Employer
                                 Contribution.

                         -+Required Employee Contributions are NOT AVAILABLE
                           unless Elective Deferral Contributions are
                           available.

                         Required Contributions shall be in the amount of:

                         [ ] a. ___ % of Compensation actually paid during the
                              Contribution Period.
                    
2C.1(k)(1)               [ ] b. Not less than ____ % nor more than ____ % of
                              Compensation actually paid during the Contribution
                              Period.

                    2.   Modification

                         A Participant may suspend Required Employee
                         Contributions for a minimum period of:

                         [ ]    a. 1 month

                         [ ]    b. 2 months

                         [ ]    c. 3 months

                         -+The suspension period may be of indefinite duration.
                         A Participant's reentry into the Plan shall be as of
                         the first Entry Date following the end of the
                         suspension period.



--------------------------------------------------------------------------------


                                      -19-

<PAGE>
--------------------------------------------------------------------------------
Plan Document                   X. CONTRIBUTIONS
Section
--------------------------------------------------------------------------------


2C.1                C.   Matching Contributions

                         Availability/Amount

                                [ ] Not Available under the Plan.

                                [X] Available under the Plan (elect one from
                                    option 1 and, if applicable, elect one from
                                    option 2).

                         1. [X] a. Matching Contributions SHALL be based upon a
                                   percentage of Considered Net Profits.
     
                            [ ] b. Matching Contributions SHALL NOT be based
                                   upon a percentage of Considered Net Profits.

                         2. Partnership Plans.

                             [ ] a. The Employer SHALL make Matching 
                                    Contributions to Partners.

                                   -+Matching Contributions to Partners are
                                   treated in all respects as Elective Deferral
                                   Contributions.

                              [ ] b. The Employer SHALL NOT make Matching 
                                     Contributions to Partners.

                         For each $ 1.00 of either Elective Deferral
                         Contributions or Required Employee Contributions, as
                         selected above, the Employer will contribute and
                         allocate to each Participant's Matching Contribution
                         Account an amount equal to:

                         [X] 1. $____ (e.g., $.50).


                         [ ] 2. A discretionary percentage, to be determined by
                                the Employer.

                                -+If option 2 is elected, the amount of the
                                discretionary percentage should be determined by
                                an annual Board of Directors resolution setting
                                the percentage.

                         [ ] 3. Graded Match.

                                -+If a or b is elected, the minimum and maximum
                                percentages must be within the parameters of the
                                Elective Deferral election in Section X.A or the
                                Required Employee Contribution election in
                                Section X.B of this Adoption Agreement.

                                -+Percentages for higher amounts must be lower
                                than the percentages for lower amounts. For
                                example: 100% of the first $500, plus 75% of the
                                next $500, plus 50% of the next $500.

                                [ ] a. Graded based upon the dollar amount of
                                       each Participant's Elective Deferral
                                       Contributions or Required Employee 
                                       Contributions as follows:

                                       _____% of the first $_____  plus 
                                       _____% of the next  $_____  plus 
                                       _____% of the next  $_____  plus 
                                       _____% of the next  $_____.

--------------------------------------------------------------------------------

                                      -20-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                   X. CONTRIBUTIONS
Section
--------------------------------------------------------------------------------


                         [ ] b. Graded based upon the percentage of Compensation
                                of each Participant's Elective Deferral 
                                Contribution or Required Employee Contribution 
                                as follows:

                                _____% of the first $______% plus 
                                _____% of the next  $______% plus 
                                _____% of the next  $______% plus 
                                _____% of the next  $______%
                      
                         -+If 3.a or b is elected, additional testing will be
                         required to prove that the different contributions are
                         available on a nondiscriminatory basis.

                [ ] 4.   Separate specific dollar amounts for different
                         employees (e.g., employees in different job
                         classifications):

                         -+This option is available only for Plans covering
                         Employees whose conditions of employment are mandated
                         under the Davis-Bacon Act.

                         $____ (e.g., $.50) to employees in  ______  (fill in)
                         $____ (e.g., $.50) to employees in  ______  (fill in)
                         $____ (e.g., $.50) to employees in  ______  (fill in)
                         $____ (e.g., $.50) to employees in  ______  (fill in)
                         $____ (e.g., $.50) to employees in  ______  (fill in)

                         Additional  Formulas (fill in below):

                         -+Formulas must be the same type as above.

                         _______

                         _______

                         _______

                         _______



                         -+If 4 is selected, additional testing will be required
                         to prove that the different contributions are available
                         on a nondiscriminatory basis.



--------------------------------------------------------------------------------

                                      -21-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                   X. CONTRIBUTIONS
Section
--------------------------------------------------------------------------------

                   [ ] 5. Different graded matches for different employees
                         (e.g., employees in different job classifications,
                         divisions, organizations, members of a controlled group
                         of corporations, etc.):

                         -+This option is available only for Plans covering
                         Employees whose conditions of employment are mandated
                         under the Davis-Bacon Act

                         -+Percentages for higher amounts must be lower than the
                         percentages for lower amounts. For example: 100% of the
                         first $500, plus 75% of the next $500, plus 50% of the
                         next $500.

                         [ ] a. Graded based upon the dollar amount of Elective
                                Deferral Contributions or Required Contributions
                                of each Participant as follows:

                                Employees in _____ (fill in)

                                _____% of the first $_____ plus 
                                _____% of the next $______ plus 
                                _____% of the next $______ plus 
                                _____% of the next $______.

                                Employees in _____ (fill in)

                                _____% of the first $_____ plus 
                                _____% of the next $______ plus 
                                _____% of the next $_____ plus 
                                _____% of the next $_____.

                                Employees in _____ (fill in)

                                _____% of the first $_____ plus 
                                _____% of the next $______ plus 
                                _____% of the next $_____ plus 
                                _____% of the next $_____.

                                Additional Formulas (fill in below):

                                -+Formulas must be the same type as above.

                                _______

                                _______

                                _______

                                _______

                                _______



--------------------------------------------------------------------------------

                                      -22-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                   X. CONTRIBUTIONS
Section
--------------------------------------------------------------------------------


                  [ ] b. Graded based upon the percentage of compensation
                         of the Elective Deferral Contributions or Required
                         Contributions of each Participant as follows:

                         -+ This option is available only for Plans covering
                         Employees whose conditions of employment are mandated
                         under the Davis-Bacon Act.

                         -+Matching percentages for higher compensation
                         percentages must be lower than matching percentages for
                         lower compensation percentages. For example: 100% of
                         the first 3%, plus 75% of the next 2%, plus 50% of the
                         next 2%.

                         Employees in _____ (fill in)

                         _____% of the first $_____ plus 
                         _____% of the next $______ plus 
                         _____% of the next $_____ plus 
                         _____% of the next $_____.

                         Employees in _____ (fill in)

                         _____% of the first $_____ plus 
                         _____% of the next $______ plus 
                         _____% of the next $_____ plus 
                         _____% of the next $_____.

                         Employees in _____ (fill in)

                         _____% of the first $_____ plus 
                         _____% of the next $______ plus 
                         _____% of the next $_____ plus 
                         _____% of the next $_____.

                         Additional Formulas (fill in below):

                         -+Formulas must be the same type as above.

                         _______

                         _______

                         _______

                         _______

                         _______


                  -+If 5.a or b is selected, additional testing will be
                  required to prove that the different contributions are
                  available on a nondiscriminatory basis.

--------------------------------------------------------------------------------
                                      -23-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                   X. CONTRIBUTIONS
Section
--------------------------------------------------------------------------------


                         The Elective Deferral or Required Employee
                         Contributions, upon which Matching Contributions are
                         made by the Employer, shall not exceed:

                         [ ] 1. $______ for the Plan Year.

                         [X] 2. 2% of Participant's Compensation for the
                                Contribution Period.

                         [ ] 3. N/A.

                         True-Up Contributions:

                         The Employer may/may not contribute a True-Up
                         Contribution for each Participant at the end of the
                         Plan Year so that the total Matching Contribution for
                         each Participant is calculated on an annual basis.

                                        [ ] May     [X] May not

                         Additional Matching Contributions:

                         In addition, at the end of the Plan Year, the Employer
                         may contribute Additional Matching Contributions to be
                         allocated in the same proportion that the Matching
                         Contribution made on behalf of each Participant during
                         the Plan Year bears to the Matching Contribution made
                         on behalf of all Participants during the Plan Year.

                                          [ ] Yes    [X] No


--------------------------------------------------------------------------------

                                      -24-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                   X. CONTRIBUTIONS
Section
--------------------------------------------------------------------------------


 2C.1               D.   Nonelective Contributions

                         -+If you choose to make a Nonelective Contribution,
                         each Employee eligible to participate in the Plan and
                         who satisfies the Annual Allocation Requirement of
                         Section XII.A or XII.B MUST be given an allocation,
                         regardless of whether they make Elective Deferral
                         Contributions.

                         Availability/Amount

                              [ ] Not Available under the Plan.

                              [X] Available under the Plan (complete the 
                                  following).

                         The Contribution for each Contribution Period shall be:

                         [ ] 1. _____% of Considered Net Profits.

                         [ ] 2. _____% of Compensation of each Participant.

                         [ ] 3. The Employer will contribute an amount equal to
                                $______ for each Participant.

                         [X] 4. Discretionary.

                         -+If option 4 is elected, the amount of the
                         discretionary contribution should be determined by an
                         annual Board of Directors resolution setting a fixed
                         amount of contribution or a formula by which a fixed
                         amount can be determined.

                         [ ] 5. The Employer will contribute an amount equal to
                                $____ /hour or unit of each Participant 
                                (indicate dollar or cents amount).

                         -+Option 5 may be chosen ONLY for Employees who are
                         subject to a Collective Bargaining Agreement.

                         [ ] 6.  ___% of Considered Net Profits to ____(fill in)
                                 ___% of Considered Net Profits to ____(fill in)
                                 ___% of Considered Net Profits to ____(fill in)
                                 ___% of Considered Net Profits to ____(fill in)
                                 ___% of Considered Net Profits to ____(fill in)

                         -+Fill in job classification.

--------------------------------------------------------------------------------
                                      -25-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                   X. CONTRIBUTIONS
Section
--------------------------------------------------------------------------------


                      Additional Formulas (fill in below):

                      -+Formulas must be the same type as above.

                      ______________________________________________________

                      ______________________________________________________

                      ______________________________________________________



               [ ] 7. ___% of Compensation to each Participant in ____ (fill in)
                      ___% of Compensation to each Participant in ____ (fill in)
                      ___% of Compensation to each Participant in ____ (fill in)
                      ___% of Compensation to each Participant in ____ (fill in)
                      ___% of Compensation to each Participant in ____ (fill in)

               -+Fill in job classification.

                      Additional Formulas (fill in below):

                      -+Formulas must be the same type as above.

                      ______________________________________________________

                      ______________________________________________________

                      ______________________________________________________

                      ______________________________________________________

                      -+Options 6 and 7 may be selected ONLY when a Plan covers
                      Employees whose conditions of employment are mandated
                      under the Davis-Bacon Act.

                      -+If option 6 or 7 is selected, subsection A.1
                      (Compensation to Compensation allocation) MUST be chosen
                      in Section XIII, "Allocation of Contributions."

                      -+If options 6 or 7 is selected, additional testing will
                      be required to prove that the different contributions are
                      available on a nondiscriminatory basis.

                      Nonelective Contributions shall/shall not be based on
                      Considered Net Profits.

                      -+"Shall" must be chosen if option 1 is selected.

                                 [X] Shall      [ ] Shall not

--------------------------------------------------------------------------------
                                      -26-


<PAGE>
--------------------------------------------------------------------------------
Plan Document                   X. CONTRIBUTIONS
Section
--------------------------------------------------------------------------------
 2C.1(b)       E.   Voluntary Employee Contributions

                    Availability/Amount

                    [X] Not Available under the Plan.

                    [ ] Available under the Plan (complete the following).

                         [ ] Voluntary Employee Contributions SHALL be permitted
                             up to ____% of Compensation actually paid during 
                             the Plan Year.

                         [ ] Voluntary Employee Contributions made in a Lump Sum
                             SHALL be permitted.

                    -+Voluntary Employee Contributions are NOT AVAILABLE unless
                    Elective Deferral Contributions are available.

--------------------------------------------------------------------------------
2C.3           F.   Rollover Contributions

                    Availability

                    [X] 1. Rollover Contributions out of the Plan are always
                           available.

                           [X] Cash only.

                           [ ] Cash and Loan Notes from this and/or a prior 
                               plan.

                    [X] 2. Rollover Contributions into the Plan:

                            [ ] Not Available under the Plan.

                            [X] Available under the Plan (complete the 
                                following).

                                Cash Only or Cash and Loan Notes:

                                 [X] Cash only.

                                 [ ] Cash and Loan Notes from prior plan.

                                 Rollover contributions into the Plan may be 
                                 made by:

                                 [ ] Both eligible Employees and Employees who
                                     would be eligible except they do not yet
                                     meet the Plan's age and/or service
                                     requirement.

                                 [X] Eligible Employees only.





--------------------------------------------------------------------------------


                                      -27-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                   X. CONTRIBUTIONS
Section
--------------------------------------------------------------------------------

7B.8, 7B.9     G.   Transfers of Account Balances

                    Availability

                    [X] 1. Transfers of account balances out of the Plan are
                           always available.

                    [X] 2. Transfers of Account Balances into the Plan:

                            [ ] Not Available under the Plan.

                            [X] Available under the Plan.

--------------------------------------------------------------------------------
Plan Document                   X. CONTRIBUTION PERIOD
Section
--------------------------------------------------------------------------------

 1.14          A.   The regular Contribution Period (by contribution type) shall
                    be:

               -+For 1 and 2 below, "Other" Contribution Period may not be
               longer than annual, but may be shorter than 4-weekly.

               -+For 3 below, "Other" Contribution Period may not be longer than
               monthly, but may be shorter than 4-weekly.

                    1.   Matching Contributions:

                           [ ] Annual      [ ] 4-Weekly

                           [ ] Monthly     [X] Other (specify) weekly.

                    2.   Nonelective Contributions:

                           [X] Annual      [ ] 4-Weekly

                           [ ] Monthly     [X] Other (specify) ______.

                    3.   Elective Deferral Contributions, Required Employee
                         Contributions, and/or Voluntary Employee Contributions:

                    -+Annual contribution period is not available for
                      contributions in #3.

                           [X] Monthly     [ ] 4-Weekly

                           [ ] Other (specify) _________.



                                      -28-

--------------------------------------------------------------------------------

<PAGE>
--------------------------------------------------------------------------------
Plan Document              XII.  ALLOCATION CONTRIBUTIONS
Section
--------------------------------------------------------------------------------

 2C.1 (f)      A.   Allocation Formula for Nonelective Contribution

                    Complete the following ONLY if Section X.D is 1, 4, 6 or 7.

                    -+If Section X.D is 6 or 7, the Compensation to Compensation
                    allocation formula (1 below) must be chosen.

                    The Nonelective Contribution will be allocated to
                    Participants who meet the requirements of Section XII.B or C
                    as follows:

                    [X] 1. Compensation to Compensation:

                           In the same ratio as each Participant's Compensation
                           bears to the total Compensation of all Participants.

                    [ ] 2. Integrated with Social Security:

                           a. Choose one of the following methods:

                              [ ] Step-Rate Method

                                  For each Plan Year, the Employer will
                                  contribute an amount equal to ___% of each
                                  Participant's Compensation up to the Social
                                  Security Integration Level, plus ___% of each
                                  Participant's Compensation in excess of the
                                  Social Security Integration Level. However, in
                                  no event will the Excess Contribution
                                  percentage exceed the amount specified in
                                  Section 2C.1(f)(2)(B) of the Plan.

                              [ ] Maximum Disparity Method

                                  For each Plan Year, the Employer's Nonelective
                                  Contribution shall be allocated in the manner
                                  stated in Section 2C.1(f)(3) of the Plan in
                                  order to maximize permitted disparity.

                           b. Social Security Integration Level:

                              [ ] i.   $___ (not to exceed the Social Security
                                       Taxable Wage Base).

                              [ ] ii.  The Social Security Taxable Wage Base
                                       in effect on the first day of the Plan 
                                       Year.

                              [ ] iii. ___% of the Social Security Taxable Wage
                                       Base (not to exceed 100%).

--------------------------------------------------------------------------------



                                      -29-



<PAGE>
--------------------------------------------------------------------------------
Plan Document              XII.  ALLOCATION CONTRIBUTIONS
Section
--------------------------------------------------------------------------------

 2C.1(g)       B.   Annual Allocation Requirements

                    An allocation of the annual Nonelective Contribution, annual
                    Matching Contribution, and/or Additional Matching
                    Contribution made by the Employer will be made to each
                    Participant who:


                    [ ] 1. Is a Participant on ANY day during the Plan Year
                           regardless of Service credited during the Plan Year.
  
                    [ ] 2. Is credited with a Year of Service in the Plan Year
                           for which the contribution is made.

                    [ ] 3. Is a Participant on the last day of the Plan Year.


                    [X] 4. Is credited with a Year of Service in the Plan Year
                           for which the contribution is made and is a 
                           Participant on the last day of the Plan Year.


                    In addition, an allocation will be made by the Employer on
                    behalf of any Participant who retires, dies or becomes
                    disabled during the Plan Year, regardless of the number of
                    Hours of Service credited to such Participant and regardless
                    of whether such Participant is a participant on the last day
                    of the Plan Year.


                         Annual Nonelective Contribution    [ ] Yes  [ ] No
                         Annual Matching Contribution       [ ] Yes  [ ] No
                         Additional Matching Contribution   [ ] Yes  [ ] No
                                                                     
--------------------------------------------------------------------------------

 2C.1 (g)       C.   Nonannual Allocation Requirement


                    An allocation of the nonannual Matching Contribution or
                    nonannual Nonelective Contribution made by the Employer will
                    be made to each Participant who:


                    [X] 1. Is a Participant on any day of the Contribution
                           Period.


                    [ ] 2. Is a Participant as of the last day of the
                           Contribution Period.


                    In addition, an allocation will be made by the Employer on
                    behalf of any Participant who retires, dies, or becomes
                    disabled during the Contribution Period, regardless of
                    whether such Participant is a Participant as of the last day
                    of the Contribution Period.


                       Nonannual Nonelective Contribution  [ ] Yes  [ ] No    
                       Nonannual Matching Contribution     [ ] Yes  [ ] No    
                                                           

--------------------------------------------------------------------------------
                                      -30-



<PAGE>
--------------------------------------------------------------------------------
Plan Document              XIII.  LIMITATIONS ON ALLOCATIONS
Section
--------------------------------------------------------------------------------
  4B             A. If any Participant is covered by another qualified defined
                    contribution plan maintained by the Employer, other than a
                    Master or Prototype plan:

                 -+ Complete part A if you: (1) maintain, or at any time
                 maintained, another qualified retirement plan in which any
                 Participant in this Plan is, was, or could be, a
                 participant; or (2) maintain a Code section 415(l)(2)
                 individual medical account, for which amounts are treated as
                 Annual Additions for any Participant in this Plan.

                    [X] 1. N/A. The Employer has no other defined
                           contribution plan(s).

                    [ ] 2. The provisions of Section 4B.5 of the Plan will
                           apply, as if the other plan were a Master or 
                           Prototype plan.

                           __________   

                           __________   

--------------------------------------------------------------------------------
 4B               B. If any Participant is or ever has been a Participant in a
                     qualified defined benefit plan maintained by the Employer:

                    -+ Complete part B if you maintain, or at any time
                    maintained, another qualified retirement plan in which any
                    Participant in this Plan is, was, or could be a participant.

                    [X] 1. N/A. The Employer has no defined benefit plan(s).

                    [ ] 2. In any Limitation Year, the Annual Additions credited
                           to the Participant under this Plan may not cause the
                           sum of the Defined Benefit Plan Fraction and the
                           Defined Contribution Fraction to exceed 1.0. If the
                           Employer contributions that would otherwise be
                           allocated to the Participant's account during such
                           year would cause the 1.0 limitation to be exceeded,
                           the allocation will be reduced so that the sum of the
                           fraction equals 1.0. Any contributions not allocated
                           because of the preceding sentence will be allocated
                           to the remaining Participants according to the Plan's
                           allocation formula. If the 1.0 limitation is exceeded
                           because of an Excess Amount, such Excess Amount will
                           be reduced in accordance with Section 4B.4 of the
                           Plan.

                    [ ] 3. Provide the method under which the Plan involved will
                           satisfy the 1.0 limitation in a manner that precludes
                           Employer discretion.

                           __________   

                           __________   




                                      -31-



<PAGE>
--------------------------------------------------------------------------------
Plan Document              XII.  LIMITATIONS ON ALLOCATIONS
Section
--------------------------------------------------------------------------------

              C.   Compensation will mean all of each Participant's:

              -+ Everyone must complete Section C. If option 1, 2, or 3
              was selected in Section IV.A., you must make the same
              selection here. 

4B.1(b)(1)          [ ] 1. Wages, Tips, and Other Compensation Box on Form W-2.

4B.1(b)(2)          [X] 2. Section 3401(a) wages. 

4B.1(b)(3)          [ ] 3. 415 safe-harbor compensation. 

--------------------------------------------------------------------------------
4B.1(h)       D. The Limitation Year shall be:

              -+Everyone must complete Section D.

                    [ ] 1. The Calendar Year.

                    [X] 2. The 12-month period coinciding with the Plan Year.

                    [ ] 3. The 12-month period beginning on (MM/DD): ________

--------------------------------------------------------------------------------
Plan Document         XIV.  INVESTMENT OF PARTICIPANTS ACCOUNTS
Section
--------------------------------------------------------------------------------

 5A.1     A.   The Participant shall/shall not have the authority to direct the
               Investment of Contributions made by the Employer.

                         [X] Shall           [ ] Shall Not
          
--------------------------------------------------------------------------------
 5A.1     B.   If SHALL is elected above, complete the following.

               Those having authority to direct the investment of the
               Participant's Account are (choose all that apply):

               [X] 1. Participants who are active Employees.

               [X] 2. Participants who are former employees and continue to
                      maintain an account in the Plan or Trust.

               [X] 3. Beneficiaries.

               [X] 4. Alternate Payees.

--------------------------------------------------------------------------------
Plan Document                      XV. LIFE INSURANCE
Section
--------------------------------------------------------------------------------

 5B.1    A.   Available as a Participant investment:

              [ ] Yes       [X] No

--------------------------------------------------------------------------------

                                      -32-



<PAGE>
--------------------------------------------------------------------------------
Plan Document                      XV. LIFE INSURANCE
Section
--------------------------------------------------------------------------------

          B.   If yes is elected above, Life Insurance shall be available to:

               [ ] 1. All Participants.

               [ ] 2. Only to the specified group of Participants (fill in
                      below):
  
                      _______________________________________________________

                      _______________________________________________________

                      _______________________________________________________


               -+If subsection 2 is checked, separate nondiscrimination testing
               will be required.

--------------------------------------------------------------------------------
Plan Document                 XVI EMPLOYER STOCK
Section
--------------------------------------------------------------------------------

-+Before electing Employer Stock as an investment option, you should consult
your legal counsel on any federal or state securities law requirements arising
from offering Employer Stock as an investment option under your Plan and whether
use of this document is appropriate for you under those laws. Neither
Connecticut General Life Insurance Company nor any of its employees can advise
you on these matters. 

--------------------------------------------------------------------------------

1.45      A.   Investment in Employer Stock is:

                         [ ] Permitted.

                         [ ] Not Permitted.

               -+You must complete the following subsections B and C if
               investment in Employer Stock is permitted and Participants have
               the authority to direct the investment of Employer Contributions.

--------------------------------------------------------------------------------

1.45      B.   Investment in Employer Stock within the Plan by officers or
               directors of the Employer or by an individual who owns more than
               10% of the Employer's Stock is:

                         [ ] Permitted.

                         [ ] Not Permitted.

--------------------------------------------------------------------------------

1.45      C.   The Trustee:

               [ ] 1. Will vote the shares of the Employer Stock.

               [X] 2. Will vote the shares of the Employer Stock in
                      accordance with any instructions received by the Trustee
                      from the Participant.

               -+Option 2 must be selected if CG Trust Company is the Trustee.

               [ ] 3. May request voting instructions from the Participants.



--------------------------------------------------------------------------------




                                      -33-



<PAGE>
--------------------------------------------------------------------------------
Plan Document         XVII.  WITHDRAWALS PRECEDING TERMINATION
Section
--------------------------------------------------------------------------------
-+ Complete only the sections for the type of contributions in your plan.

--------------------------------------------------------------------------------
3E.1(a)        A.   Withdrawal of Required Employee Contributions.

               -+Withdrawal may be for any reason.

                    [ ] Not Available under the Plan.

                    [ ] Available under the Plan.

                           If available, Required Employee Contributions may be
                           withdrawn:

                               [ ] Once each 6 months.

                               [ ] Once each 12 months.

                               [ ] Other (specify) ______.

                           The Contribution suspension period following a
                           withdrawal of Required Employee Contributions shall
                           be:

                           -+You must choose one of the suspension periods
                           shown. Related Employer Contributions will be
                           suspended for the same period.

                               [ ] 6 Months.

                               [ ] 12 Months.

                               [ ] 24 Months.
--------------------------------------------------------------------------------
3E.1(b)        B.   Withdrawal of Voluntary Employee Contributions.

               -+ Withdrawal may be for any reason.

                    [ ] Not Available under the Plan.

                    [ ] Available under the Plan.

                           If available, Voluntary Employee Contributions may be
                           withdrawn:

                               [ ] Once each 6 months.

                               [ ] Once each 12 months.

                               [ ] Other (specify)_________.

--------------------------------------------------------------------------------

                                      -34-



<PAGE>
--------------------------------------------------------------------------------
Plan Document         XVII.  WITHDRAWALS PRECEDING TERMINATION
Section
--------------------------------------------------------------------------------

               C.   Withdrawal of Elective Deferral Contributions.

                    [ ] Not Available under the Plan.

                    [X] Available under the Plan.

                           If available, select the conditions for withdrawal:

3E.2                         [X] Withdrawal upon Participant's attainment of 
                                 age 59 1/2.

3E.5                         [X] Withdrawal for Serious Financial Hardship.

                           -+ If a Participant makes a withdrawal of Elective
                           Deferral Contributions due to a Serious Financial
                           Hardship, the Participant must be suspended from
                           making any additional Elective Deferral Contributions
                           for a period of 12 months. 

--------------------------------------------------------------------------------

               D.   Withdrawal of Employer Contributions (Matching, Nonelective
                    and/or Prior Employer Contributions).

                           [ ] Not Available under the Plan.

                           [X] Available under the Plan.

                    -+ If Prior Employer Contributions are money purchase plan
                    contributions, they may not be withdrawn.

                          If available, select the conditions for withdrawal:

3E.3
    
                          [X] 1. Withdrawal upon Participant's attainment of
                                 age 59 1/2.

                                 Available from:

                                 [X] a. Matching Contributions.

                                 [X] b. Nonelective Contributions.

                                 [ ] c. Prior Employer Contributions.

--------------------------------------------------------------------------------

                                      -35-



<PAGE>
--------------------------------------------------------------------------------
Plan Document         XVII.  WITHDRAWALS PRECEDING TERMINATION
Section
------------------------------------------------------------------------------
 3E.3         [ ] 2.   Withdrawals to active Participants who have been
                       Participants for a minimum of 60 consecutive months.

                       Available from:

                       [ ] a. Matching Contributions.

                       [ ] b. Nonelective Contributions

                       [ ] c. Prior Employer Contributions.

                       Frequency of withdrawal:

                             [ ] Once each 6 months.
                             [ ] Once each 12 months.
                             [ ] Other (specify) ________.

                       Suspension  Period following withdrawal:

                             [ ] N/A.
                             [ ] 6 months.
                             [ ] 12 months.
                             [ ] 24 months

3E.4          [X] 3. Withdrawal for Serious Financial Hardship.

                             Available from:

                             [X] a. Matching Contributions.

                             [X] b. Nonelective Contributions.

                             [ ] c. Prior Employer Contributions.

           Prior Employer Contributions:

           Prior Employer Contributions are contributions made to the Plan by
           the Employer prior to the Plan's original conversion and/or
           restatement on (fill in date).


                                      -36-


--------------------------------------------------------------------------------
<PAGE>
--------------------------------------------------------------------------------
Plan Document         XVII.  WITHDRAWALS PRECEDING TERMINATION
Section
------------------------------------------------------------------------------

3E.6           E.   Withdrawal of Rollover Contributions:

                       [ ] Not Available under the Plan.

                       [X] Available under the Plan.

                           If available, Rollover Contributions may be
                           withdrawn:

                               [ ] once per Plan Year.

                               [ ] Every 6 Months.

                               [ ] Every 3 Months.

                               [ ] Every Month.

                               [X] Anytime.
--------------------------------------------------------------------------------
3E.6           F.   Withdrawal of Qualified Voluntary Employee Contributions
                    (QVEC Contributions)

               -+ Applicable only if this is a readoption of an existing plan.
               If selected, Contributions may be withdrawn for any reason.

                       [ ] Not Available under the Plan.

                       [ ] Available under the Plan.

                           If available, Qualified Voluntary Employee
                           Contributions may be withdrawn:

                                [ ] Once per Plan Year.

                                [ ] Every 6 Months.

                                [ ] Every 3 Months.

                                [ ] Every Month.

                                [ ] Anytime.

--------------------------------------------------------------------------------

                                      -37-



<PAGE>
--------------------------------------------------------------------------------
Plan Document         XVII.  WITHDRAWALS PRECEDING TERMINATION
Section
------------------------------------------------------------------------------

3E.1(c)        G.   Withdrawal of Prior Required Employee Contributions.

               -+ Withdrawal may be for any reason.

                     [ ] Not Available under the Plan.

                     [ ] Available under the Plan.

                           If available, Prior Required Employee Contributions
                           may be withdrawn:

                                     [ ] Once each 6 months.

                                     [ ] Once each 12 months.

                                     [ ] Other (specify)________.

               Prior Required Employee Contributions are posttax contributions
               made by Employees in order to receive an Employer contribution
               and which were made before the Plan's original conversion and/or
               restatement on ________(fill in date).

--------------------------------------------------------------------------------
3E.1(d)        H.   Withdrawal of Prior Voluntary Employee Contributions.

               -+Withdrawal may be for any reason and may be taken at any time.

                     [ ] Not Available under the Plan.

                     [ ] Available under the Plan.

               Prior Voluntary Employee Contributions are voluntary
               contributions made by Employees prior to these types of
               contribution being eliminated as a plan option on _________
               (fill in date).

--------------------------------------------------------------------------------
Plan Document   XVIII. LOANS TO PARTICIPANTS, BENEFICIARIES AND PARTIES-IN-
  Section              INTEREST

5C             A.   Loans are permitted. 

                    [X] Yes 

                    -+If yes, Plan must be trusteed 

                    [ ] No

--------------------------------------------------------------------------------


                                      -38-


<PAGE>
--------------------------------------------------------------------------------
Plan Document              XVIII. LOANS TO PARTICIPANTS, 
Section                BENEFICIARIES AND PARTIES-IN-INTEREST
------------------------------------------------------------------------------
5C            B.   Loans are available only from the following sources:

              -+ Qualified Voluntary Employee Contributions (QVEC Contributions)
              may not be taken in a loan.

                        [X] All Sources.

                        [ ] List Sources:

                        ____________________________________________________
 
                        ____________________________________________________
 
                        ____________________________________________________
 
--------------------------------------------------------------------------------
Plan Document             XIX. RETIREMENT AND DISABILILTY 
Section                
------------------------------------------------------------------------------
 1.40           A.   Normal Retirement Age is:

                [X] 1. The date the Participant attains age 65 (not to 
                       exceed 65).

                [ ] 2. The later of:

                    a. The date the Participant attains age ___ (not to exceed
                       65), or

                    b. The_____________(not to exceed 5th) anniversary of the 
                       Participation Commencement Date.

                    -+ Note regarding 2.b above: If, for Plan Years beginning
                    before January 1, 1988, Normal Retirement Age was determined
                    with reference to the anniversary of the Participation
                    Commencement Date (more than 5 but not to exceed 10 years),
                    the anniversary date for Participants who first commenced
                    participation under the Plan before the first Plan Year
                    beginning on or after January 1, 1988 shall be the earlier
                    of (A) the tenth anniversary of the date the Participant
                    commenced participation in the Plan (or such anniversary as
                    had been elected by the Employer, if less than 10) or (B)
                    the fifth anniversary of the first day of the first Plan
                    Year beginning on or after January 1, 1988. The
                    Participation Commencement Date is the first day of the
                    first Plan Year in which the Participant commenced
                    participation in the Plan.




--------------------------------------------------------------------------------

                                      -39-

<PAGE>
--------------------------------------------------------------------------------
Plan Document             XIX. RETIREMENT AND DISABILILTY 
Section                
------------------------------------------------------------------------------

1.18       B.  Early Retirement by Participants

               1.   Early Retirement by Participants is:

                    [X] a. Not Permitted.

                    [ ] b. Permitted. Subject to the following conditions:

                           [ ] i.   Age ___ (not to exceed 65).

                           [ ] ii.  Years of Service _____.

                           [ ] iii. Age ___ (not to exceed 65) and 
                                    ____ Years of Service.

                           [ ] iv.  Age ___ (not to exceed 65) and 
                                    ____ Years of Participation.

--------------------------------------------------------------------------------
1.16       C.  Disability

               1.   The Employer shall/shall not make contributions on behalf of
                    disabled Participants who are Nonhighly Compensated
                    Employees on the basis of the Compensation each such
                    Participant would have received for the Limitation Year if
                    the Participant had been paid at the rate of Compensation
                    paid immediately before becoming permanently and totally
                    disabled.

                              [ ] Shall      [X] Shall Not

               -+ All such contributions are 100% vested and nonforfeitable when
               made.


--------------------------------------------------------------------------------
Plan Document             XX. DISTRIBUTION OF BENEFITS  
Section                
------------------------------------------------------------------------------

3A.1       A.   Distribution of benefits should be in the form of (check all
                that apply):

                [X] 1. Single Sum.

                [X] 2. Life Annuity.

                [ ] 3. Installment Payments.

                [ ] 4. Installment Refund Annuity.

                [ ] 5. Employer Stock, to the extent the Participant is
                       invested therein. 

--------------------------------------------------------------------------------

           B.   Distribution Timing

                [ ] 1. All Participants may elect to defer their distributions.

                [X] 2. Participants who terminate employment and whose account
                       balances never exceeded $3,500 shall receive an 
                       immediate, lump sum cash distribution.

--------------------------------------------------------------------------------

                                      -40-

<PAGE>
--------------------------------------------------------------------------------
Plan Document             XX. DISTRIBUTION OF BENEFITS  
Section                
--------------------------------------------------------------------------------

          C.   Expenses - Deferred Participants.

               1.   Participants who elect to defer distribution of their
                    benefits shall/shall not pay for all fees associated with
                    administration of their deferral payment.

                            [X] Shall     [ ] Shall Not


--------------------------------------------------------------------------------
Plan Document      XXI. QUALIFIED PRERETIREMENT SURVIVOR ANNUITY  
Section                
--------------------------------------------------------------------------------

3C.4      The Qualified Preretirement Survivor Annuity shall be:

          -+ 100% is required for Plans allowing only single sum distributions.

                [X] 100% to the surviving spouse. 

                [ ] 50% to the surviving spouse.

--------------------------------------------------------------------------------
Plan Document             XXII. AMENDMENT TO THE PLAN  
Section                
------------------------------------------------------------------------------

7B            A. The party having the authority to amend the Adoption Agreement
                 is the:

                 [ ] 1.  Trustee(s).

                 -+ Trustee(s) cannot be chosen if the Trustee is CG Trust
                 
                 [X] 2. Plan Administrator.
               
                 [ ] 3. Plan Committee.
                 
                 [ ] 4. Designated Representative of the Employer.



                                      -41-


<PAGE>
--------------------------------------------------------------------------------
Plan Document             XXIII.  TOP-HEAVY PROVISIONS
Section
------------------------------------------------------------------------------

7A.1(i)        A.   Method to be used to avoid duplication of Top-Heavy Minimum
                    benefits when a non-Key Employee is a Participant in both
                    this Plan and a defined benefit plan maintained by the
                    Employer (select one response):

                    [X] 1. N/A. The Employer has no other plan(s).

                    [ ] 2. Single Plan Minimum Top-Heavy Allocation. A
                           minimum Top-Heavy contribution will be allocated to
                           each non-Key Employee's Participant Account in an
                           amount equal to:

                           [ ] a. The lesser of 3% of Compensation or the
                                  highest percentage allocated to any Key 
                                  Employee.

                           [ ] b. _____% of Compensation (must be at least 3%).

                     [ ] 3. Multiple Plans Top-Heavy Allocation. In order to 
                            satisfy Code sections 415 and 416, and because of 
                            the required aggregation of multiple plans, a 
                            minimum Top-Heavy contribution will be allocated to 
                            each non-Key Employee in an amount equal to:

                            [ ] a. Not Applicable. No other plan was in 
                                   existence prior to the Effective Date of this
                                   Adoption Agreement.

                            [ ] b. 5% of Compensation, to be provided in a
                                   defined contribution plan of the Employer.

                            [ ] c. 7 1/2% of Compensation, to be nonintegrated,
                                   and provided in this Plan.

                            -+ If c is chosen, for all Plan Years in which this
                            Plan is Top-Heavy (but not Super Top-Heavy), the
                            Defined Benefit and Defined Contribution fractions
                            shall be computed using 125%.

                        [ ] 4. Enter the name of the plan(s) and specify the
                               method under which the plan(s) will provide 
                               Top-Heavy Minimum Benefits to non-Key Employees 
                               [include any adjustments required under Code 
                               section 415(e)]:

                           ____________________________________________________
             

                           ____________________________________________________
             


                    -+ If 4 is selected, the method specified must preclude
                    Employer discretion and inadvertent omissions.



                                      -42-



<PAGE>
--------------------------------------------------------------------------------
Plan Document             XXIII.  TOP-HEAVY PROVISIONS
Section
------------------------------------------------------------------------------

7A.1           B.   Present Value: In order to establish the present value to
                    compute the Top-Heavy Ratio, any benefit shall be discounted
                    only for mortality and interest, based on:

               -+ Complete B only if response to A is 2, 3, or 4. Fill in all
               blanks.

                        [ ] 1. Interest Rate _______%.

                        [ ] 2. Mortality Table _______.

                        [ ] 3. Valuation Date _______.

--------------------------------------------------------------------------------
 
7A.2           C.   Where a non-Key Employee is a Participant in this and
                    another defined contribution plan(s) of the Employer, choose
                    which plan will provide the minimum Top-Heavy contribution:

                        [X] 1. N/A.  The Employer has no other plan.
                           
                        [ ] 2. The minimum  allocation will be met in this Plan.
              
                        [ ] 3. The minimum allocation will be met in the
                               other defined contribution plan. Enter the name 
                               of the plan:

                               ________________________________________________

--------------------------------------------------------------------------------
7A.3           D.   Top-Heavy Vesting Schedule. In the event the plan becomes
                    Top-Heavy, the vesting schedule shall be:

               -+ Must meet one of the schedules below and must be at least as
               liberal as the vesting schedule elected in Section IX.A.

                    [ ] 1. 100% vesting after ___ (not to exceed 3) years of
                           Service.

                    [X] 2. 0% vesting after 1 Year of Service

                           20% (not less than 20) vesting after 2 Years of
                           Service

                           40% (not less than 40) vesting after 3 Years of
                           Service

                           60% (not less than 60) vesting after 4 Years of
                           Service

                           80% (not less than 80) vesting after 5 Years of
                           Service

                           100% vesting after 6 Years of Service

                    [ ] 3. Same vesting schedule(s) as elected in Adoption
                           Agreement Section IX (already meets Top-Heavy minimum
                           vesting requirements).

               -+ If the vesting schedule under the Plan shifts into the above
               schedule for any Plan Year because of the Plan's Top-Heavy
               status, such shift is an amendment to the vesting schedule and
               the election provisions in Section 7B.1 of the Plan shall apply.

               -+ The Top-Heavy vesting schedule will remain in effect even if
               the Plan ceases to be Top Heavy.

                                      -43-


<PAGE>
--------------------------------------------------------------------------------
Plan Document              XXIV. OTHER ADOPTING EMPLOYER 
Section
------------------------------------------------------------------------------

6E.1, 6E.2     A.   The following Adopting Employer(s) also adopt this plan and
                    have executed this Adoption Agreement:

               -+ Fill in below the names and the Employer Identification
               Numbers (EINs) of Adopting Employers.

               -+ Must meet requirements of Plan definition of Employer, Plan
               Section 1.24.

               _________________________________________________________

               ________________________________________

               ________________________________________


--------------------------------------------------------------------------------

                                      -44-


<PAGE>

The Employer hereby adopts the Connecticut General Life Insurance Company
Defined Contribution Prototype Profit Sharing/Thrift Plan with 401(k) Feature,
including all elections made in this Non-Standardized Adoption Agreement, and
the Employer agrees to be bound by all the terms of the Plan and by all the
terms of this Adoption Agreement and of the Annuity Contract. The Employer
further agrees that it will furnish promptly all information required by the
Trustee, if applicable, the Plan Administrator and the Insurance Company in
order to carry out their functions. The Employer shall notify the Trustee, if
applicable, the Plan Administrator and the Insurance Company promptly of any
changes in the status of the Employer which might affect the Employer's duties
and responsibilities hereunder.

The elections under this Adoption Agreement may be changed by the Employer from
time to time by a written instrument signed by the Employer, the Plan
Administrator and the Trustee, if applicable, and accepted by the Plan Sponsor.
The Employer consents to the exercise by the Plan Sponsor of the right to amend
the Plan and the Annuity Contract from time to time as it may deem necessary or
advisable.

By signing this Adoption Agreement, the Employer specifically acknowledges that
the Insurance Company has no authority: (1) to answer legal questions and that
all such questions shall be answered by legal counsel for the Employer; and (2)
to make determinations involved in the administration of the Plan and that all
such determinations shall be answered by the Employer's Plan Administrator or
other designated representative.

Upon execution of this Adoption Agreement by the Employer, the Plan shall be
effective with respect to that Employer as of the Effective Date specified
herein, provided the Plan Administrator and the Trustee, if applicable, shall
then or thereafter execute this Adoption Agreement to signify their acceptance
of their duties and responsibilities hereunder and provided further, the Plan
Sponsor will indicate its acceptance of the Employer in accordance with its
usual rules and practices.

The Adopting Employer may not rely on an opinion letter issued by the National
Office of the Internal Revenue Service as evidence that the Plan is qualified
under Internal Revenue Code section 401. In order to obtain reliance with
respect to plan qualification, the Employer must apply to the appropriate key
district office for a determination letter.

Connecticut General Life Insurance Company will inform the Employer of any
amendments made to the Plan or of the discontinuance or abandonment of such
Plan.

CAUTION: You should very carefully examine the elections you have made in this
Adoption Agreement and discuss them with your legal counsel. Failure to properly
fill out the Adoption Agreement may result in disqualification of your plan.
This Adoption Agreement may only be used in conjunction with Basic Plan Document
Number 03.

(Note: The Employer, Plan Administrator and Trustee, if applicable, must all
sign below.)

Executed at 10:35 am, this 14th day of August, 1997.


          Employer's Exact Name: Central CPVC Corporation

Witness: Linda M. Gaba                     By: Jennifer R. Cemini
                                           Title: Secretary



           Additional Adopting Employer's Exact Name:        N/A

Witness:______________________________   By: __________________________________

                                         Title: _______________________________


                                      -45-



<PAGE>

                      Additional Adopting Employer's Exact Name:     N/A

Witness:______________________________   By: __________________________________

                                         Title: _______________________________


                      Additional Adopting Employer's Exact Name:     N/A

Witness:______________________________   By: __________________________________

                                         Title: _______________________________


                      Additional Adopting Employer's Exact Name:     N/A

Witness:______________________________   By: __________________________________

                                         Title: _______________________________


ACCEPTED this 14th day of August 1997

Witness: Dion Messa                   By (Plan Administrator): X X X X X X X X
                                                               ----------------
Witness:________________________      By (Plan Administrator):     N/A

Witness:________________________      By (Plan Administrator):     N/A

Witness: Dion Messa                   By (Trustee): X X X X X X X
                                                    -------------------

Witness: Dion Messa                   By (Trustee): /s/ Albert T. Sabol
                                                    -------------------

Witness: Dion Messa                   By (Trustee): X X X X X X X
                                                    -------------------

ACCEPTED this ____ day of ______________ 19__.

                         CONNECTICUT GENERAL LIFE INSURANCE COMPANY

                         By (Authorized Representative): _______________________


                                      -46-


<PAGE>


      Internal Revenue Service                       Department of the Treasury

Plan Description: Prototype Non-standardized Profit Sharing Plan with CODA
FFN: 50315620003-001 Case: 9401285 EIN: 06-0303370         Washington, DC 20224
BPD: 03 Plan: 001 Letter Serial No: 0365331a
                                                Person to Contact: Ms. Arrington

CONNECTICUT GENERAL LIFE INSURANCE CO
                                                Telephone Number: (202) 622-8173
350 CHURCH STREET M-92
                                                Refer Reply to: CP:E:EP:T4
HARTFORD, CT 06067
                                                Date: 05/07/96


Dear Applicant:

In our opinion, the form of the plan identified above is acceptable under
section 401 of the Internal Revenue Code for use by employers for the benefit of
their employees. This opinion relates only to the acceptability of the form of
the plan under the Internal Revenue Code. It is not an opinion of the effect of
other Federal or local statutes.

You must furnish a copy of this letter to each employer who adopts this plan.
You are also required to send a copy of the approved form of the plan, any
approved amendments and related documents to each Key District Director of
Internal Revenue Service in whose jurisdiction there are adopting employers.

Our opinion an the acceptability of the form of the plan is not a ruling or
determination as to whether an employer's plan qualifies under Code section
401(a). Therefore, an employer adopting the form of the plan should apply for a
determination letter by filing an application with the Key District Director of
Internal Revenue Service on Form 5307, Short Form Application for Determination
for Employee Benefit Plan.

Because you submitted this plan for approval after March 31, 1991, the
continued, interim and extended reliance provisions of sections 13 and 17.03 of
Rev. Proc. 89-9, 1989-1 C.B. 780, are not applicable.

Because you submitted this plan on or after July 1, 1994, it does not meet the
requirements for the extention of the remedial amendment period provided by
Rev. Proc. 95-12. 1995-3 I.R.B. 24.

This letter may not be relied upon with respect to whether the plan satisfies
the qualification requirements as amended by Uruguay Round Agreements Act. Pub.
L. 103-465.

If you, the sponsoring organization, have any questions concerning the IRS
processing of this case, please call the above telephone number. This number is
only for use of the sponsoring organization. Individual participants and/or
adopting employers with questions concerning the plan should contact the
sponsoring organization. The plan's adoption agreement must include the
sponsoring organization's address and telephone number for inquiries by adopting
employers.

If you write to the IRS regarding this plan, please provide your telephone
number and the most convenient time for us to call in case we need more
information. Whether you call or write, please refer to the Letter Serial Number
and File Folder Number shown in the heading of this letter.

You should keep this letter as a permanent record. Please notify us if you
modify or discontinue sponsorship of this plan.

                                     Sincerly yours,

                                     John G. RidXXXXX, Jr.
                                     ------------------------
                                     Chief, Employee Plans 
                                     Technical Branch 4
<PAGE>
<TABLE>
<CAPTION>
<S>            <C>                                            <C>    
 (5307)       Application for Determination for Adopters of    SAN 50030
(Rev 3/96)  Master or Prototype, Regional Prototype or Volume  OMB No. 1545-0200
                           Submitter Plans                     For IRS Use Only
                                                               File folder number +   
                                                               Case number +
</TABLE>
Department of the Treasury  
Internal Revenue Service
        (Under sections 401(a) and 501(a) of the Internal Revenue Code)
          You must attach user fee and Schedule Q to this application.
                         (See What To File.)
--------------------------------------------------------------------------------
You must file both the substitute OCR data sheet and page 1 of this application.
The OCR data sheet is read by the computer and all the information filled in
must be typed in either 10 pitch type, Elite type, Courier 12 type, or Titan 12
type. Review the Procedural Requirements Checklist on page 4 before submitting
this application.
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
<S>                                                                             <C>    

la Name of plan sponsor (employer if single employer plan)                      lb Employer identification number   
   Central CPVC Company                                                                    63-1133266                       
                                                                 
   Number, street, and room or suite no. (if a P.O. box, see instructions.)     1c Employer's tax year ends-Enter(MM)
   245 Swancott Road                                                               __________________________________      


   City                        State                      ZIP code                 Telephone number
       Huntsville               AL                         35758                   (205) 859-8290

2 Person to be contacted if more information is needed. (See Instructions.)
  (If the same as line la, leave blank. Complete even if a Power of Attorney is attached.)

  Name
  James D. Link

  Number, street, and room or suite no. (if a P.O. box, see instructions.)
  451 N. Cannon Avenue

   City                       State                      ZIP code                  Telephone number
     Lansdale                   PA                         19446                   (215) 362-0700 

3a Determinaton requested for (enter applicable number(s) at left and fill in required information.) (See instructions.)

   [1]  Enter 1 for Initial Qualification -- Date plan signed .........................__________________

   [ ]  Enter 2 for a request after Initial Qualification   

   Date amendment signed _________________________ Date amendment effective ____________________________

   [ ]  Enter 3 for Standardized Plans (See instructions)  

 b Has the plan received a determination letter? (Submit a copy of the latest letter if one
   was ever received.) .....................................................................   Yes [ ]      No [X]

   If 3b is no, were required amendments made retroactively effective?......................   Yes [ ]      No [X]

 c Have interested parties been given the required notification of this application?........   Yes [X]      No [ ]

 d Does the plan have a cash or deferred arrangement, or employee or matching 
   contribution (section 401(k) or (m))?....................................................   Yes [X]      No [ ]

4a Name of plan:
   Central CPVC Company 401(k) Profit Sharing Plan

   [001]  b Enter plan number (3 digits)                 1997                d  Enter year plan originally effective

   [1031] c Enter date plan-year ends (MMDD)           [______]              e  Enter number of participants in plan

</TABLE>

<PAGE>
<TABLE>
<CAPTION>
<S>                                                                 <C>
5a If this is a defined benefit plan, enter the appropriate number in box at left.
 
   [ ]              Enter 1 for unit benefit                        Enter 3 for flat benefit
                    Enter 2 for fixed benefit                       Enter 4 for other (Specify) ________________________

 b If this is a defined contribution plan, enter the appropriate number in box at left.

   [1]              Enter 1 for profit sharing                      Enter 4 for target benefit
                    Enter 2 for stock bonus                         Enter 5 for other (Specify) ________________________
                    Enter 3 for money purchase

6a Is the employer a member of an affiliated service group?
 
   [ ]              Enter 1 if "Yes" and see the instructions       Enter 2 if "No"

 b Is the employer a member of a controlled group of corporations or a group of trades or businesses under common control?

   [ ]              Enter 1 if "Yes" and see the instructions       Enter 2 if "No"

7  Enter type of adopter.

   [1]           Enter 1 if a master or prototype plan           Enter 3 if a District approved volume submitter plan
                 Enter 2 if a regional prototype plan 

8  Enter type of plan.
   [5]           Enter 1 if governmental plan                    Enter 3 if collectively bargained plan            Enter 5 if other 
                 Enter 2 if nonelecting church plan              Enter 4 if section 412(i) plan 
___________________________________________________________________________________________________________________________________
Under penalties of perjury, I declare that I have examined this application, including accompanying statements, and to the best of 
my knowledge and belief it is true, correct, and complete.


Signature +                           Title +                               Date +
-----------------------------------------------------------------------------------------------------------------------------------
For Paperwork Reduction Act Notice, see page 1 of separate instructions.                                      Form 5307 (Rev. 3-96)

</TABLE>
<PAGE>

Form 5307 (Rev. 3-96)                                                     Page 2
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
                                                                   
                                                                                      Yes             No
<S>                                                                                <C>               <C>   

9a   Do you maintain any other qualified plan(s)? (See instructions.) ...........     
     If "No," skip to line 9d.

 b   Do you maintain another plan of the same type (i.e., both this plan and the
     other plan are defined contributions plans or both are defined benefit
     plans) that covers non-key employees who are also covered under this plan?

     If yes, when the plan is top-heavy, do the non-key employees covered under
     both plans receive the required top-heavy minimum contribution or benefit
     under: 

     (1) This plan? .............................................................
     (2) The other plan? ........................................................

 c   If this is a defined contribution plan, do you maintain a defined benefit
     plan, (or if this is a defined benefit plan, do you maintain a defined
     contribution plan) that covers non-key employees who are also covered under
     this plan? ................................................................. 

     If yes, when the plan is top-heavy, do non-key employees covered under both
     plans receive:

     (1)  the top-heavy minimum benefit under the defined benefit plan? .........

     (2)  at least a 5% minimum contribution under the defined contribution
          plan? .................................................................

     (3)  the minimum benefit offset by benefits provided by the defined
          contribution plan? ....................................................

     (4)  benefits under both plans that, using a comparability analysis, are at
          least equal to the minimum benefit? (See instructions.) ...............

d    Does the plan prevent the possibility that the section 415 limitations will
     be exceeded for any employee who is (or was) a participant in this plan and
     any other plan of the employer? (See Regulations sections 1.415-7 and
     1.415-8.) ..................................................................     X

---------------------------------------------------------------------------------------------------------------
  Miscellaneous
---------------------------------------------------------------------------------------------------------------

                                                                                                                
                                                                                     N/A      Yes       No

10a  Does any amendment to the plan reduce or eliminate any section 411(d)(6)
     protected benefit? (See instructions.) .....................................                        X

  b  Are trust earnings and losses allocated on the basis of account balances in
     a defined contribution plan? If "No," attach a statement explaining how
     they are allocated .........................................................              X


  c  Is this plan or trust currently under examination or is any issue related
     to this plan or trust currently pending before the Internal Revenue
     Service, the Department of Labor, the Pension Benefit Guaranty Corporation,
     or any court? If "Yes," attach a statement explaining the issues involved
     and who is considering them. Do not answer "Yes" because the plan has been
     considered under IRS's Voluntary Compliance Resolution Program .............


</TABLE>






                                                                               


<PAGE>
Form 5307 (Rev. 3-96)                                                     Page 3
--------------------------------------------------------------------------------

                             Procedural Requirements

--------------------------------------------------------------------------------

Use this list to see what MUST be included with Form 5307.

1    Is Schedule Q (Form 5300) attached?

2    Is Form 8717 and the appropriate user fee attached?

3    Master or Prototype, Regional Prototype or Volume Submitters Plans-is a
     copy of the adoption agreement attached or in the case of a volume
     submitter plan, a copy of modifications? (See What To File in the
     instructions.)

4    Is a copy of the master or prototype, regional prototype or volume
     submitter letter attached? (See What To File in the instructions.)

5    Is a copy of the plan's latest determination letter attached? (Previously
     approved plans only, see What To File in the instructions.)

6    Are the appropriate demonstrations attached to Schedule Q?

7    Have you submitted the OCR data sheet?

8    Have you signed the application?

9    Is the plan sponsor's (employer's if single-employer plan) 9-digit employer
     identification number entered on line lb?

10   If appropriate, is Form 2848, or a privately designed authorization,
     attached? (See Disclosure Request by Taxpayer in the instructions.)

11   Is the year the plan was originally effective entered on line 4d?

12   Affiliated Service Groups, Controlled Groups or Entities Under Common
     Control-Is the information requested under "What To File" and the line 6
     instructions attached?

13   Volume Submitter Plans-Is a copy of the plan and trust instrument attached?
     (See What To File in the instructions.)

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ALL APPLICATIONS ARE SCREENED BY COMPUTER. FAILURE TO INCLUDE A REQUIRED ITEM
WILL RESULT IN THE RETURN OF THIS APPLICATION TO YOU.