<PAGE>

                                                                   EXHIBIT 10.27

                        EXCESS BENEFIT RESTORATION PLAN

             (AS AMENDED AND RESTATED EFFECTIVE NOVEMBER 27, 1989)
<PAGE>

                          LEVI STRAUSS ASSOCIATES INC.
                        EXCESS BENEFIT RESTORATION PLAN

                          LEVI STRAUSS ASSOCIATES INC.
                     SUPPLEMENTAL BENEFITS RESTORATION PLAN

                                   AMENDMENTS

     WHEREAS, Levi Strauss Associates Inc. (the "Company") has established the
Levi Strauss Associates Inc. Excess Benefit Restoration Plan and the Levi
Strauss Associates Inc. Supplemental Benefit Restoration Plan (individually, the
"Excess BRP" and the "Supplemental BRP", respectively, collectively, the
"BRPs");

     WHEREAS, the Company desires to amend the BRPs in order to assist certain
persons associated with the Company in avoiding transactions which could result
in liability under Section 16(b) of the Securities Exchange Act of 1934, as
amended;

     WHEREAS, by resolutions duly adopted on June 22, 1989 and June 18, 1992,
the Board of Directors of the Company authorized Robert D. Haas, Chairman of the
Board and Chief Executive Officer, to adopt certain amendments to the employee
benefit plans of the Company and to delegate to any other officer of the Company
the authority to adopt certain amendments to such plans (the "Delegation"); and

     WHEREAS, on October 20, 1989, pursuant to the Delegation, Robert D. Haas
delegated to Donna J. Goya, Senior Vice President, the authority to amend the
employee benefit plans of the Company subject to specified limits, and such
delegation has not been amended, rescinded or superseded as of the date hereof;

     NOW, THEREFORE, effective as of the date hereof, the Company amends the
BRPs as set forth below:

     1.   Section 4 of the Excess BRP is amended by the addition of a new
subsection (c), to read as set forth below:

          (c)  Any contrary provision of the Plan notwithstanding, to the extent
          that any portion of the benefit hereunder of an Eligible Employee who
          is an Insider is attributable to amounts deemed to have been invested
          in the Stock Fund pursuant to the second paragraph of Section 3(b),
          such portion shall not be payable prior to the earlier of the
          termination of employment, death, retirement or disability of such
          Eligible Employee. For purposes of this Section 4(c), (i) the term
          "Insider" shall mean an Eligible Employee who is subject to Section
          16(a) of the Securities Exchange Act of 1934, as amended, and (ii) the
          phrases or terms "termination of employment", "retirement" and
          "disability" shall have the meaning that such phrases or

                                       1
<PAGE>

          terms, or the equivalent phrases or terms, have under the Qualified
          Plan which maintain such Stock Fund.


     2.   Section 4 of the Supplemental BRP is amended by the addition of a new
subsection (c), to read as set forth below:

          (c)  Any contrary provision of the Plan notwithstanding, to the extent
          that any portion of the benefit hereunder of an Eligible Employee who
          is an Insider is attributable to amounts deemed to have been invested
          in the Stock Fund pursuant to Section 3(c)(2), such portion shall not
          be payable prior to the earlier of the termination of employment,
          death, retirement or disability of such Eligible Employee.  For
          purposes of this Section 4(c), (i) the term "Insider" shall mean an
          Eligible Employee who is subject to Section 16(a) of the Securities
          Exchange Act of 1934, as amended, and (ii) the phrases or terms
          "termination of employment", "retirement" and "disability" shall have
          the meaning that such phrases or terms, or the equivalent phrases or
          terms, have under the Qualified Plan which maintains such Stock Fund.

     IN WITNESS WHEREOF, the undersigned has set her hand hereunto on February
9, 1993.


                              _____________________________
                              Donna J. Goya
                              Senior Vice President

                                       2
<PAGE>

                          LEVI STRAUSS ASSOCIATES INC.
                        EXCESS BENEFIT RESTORATION PLAN

                          LEVI STRAUSS ASSOCIATES INC.
                     SUPPLEMENTAL BENEFIT RESTORATION PLAN

                                   AMENDMENTS

     WHEREAS, Levi Strauss Associates Inc. (the "Company") has established the
Levi Strauss Associates Inc. Excess Benefit Restoration Plan and the Levi
Strauss Associates Inc. Supplemental Benefit Restoration Plan (individually, the
"Excess BRP" and the "Supplemental BRP," respectively, collectively, the
"BRPs");

     WHEREAS, the Company desires to amend the BRPs to provide for an orderly
and systematic division of interests under the BRPs pursuant to an appropriate
domestic relations order;

     WHEREAS, by resolutions duly adopted on June 18, 1992, the Board of
Directors of the Company authorized Robert D. Haas, Chairman of the Board and
Chief Executive Officer, to adopt certain amendments to the employee benefit
plans of the Company and to delegate to any other officer of the Company the
authority to adopt certain amendments to such plans (the "Delegation"); and

     WHEREAS, on June 1, 1993, pursuant to the Delegation, Robert D. Haas
delegated to Donna J. Goya, Senior Vice President, the authority to amend the
employee benefit plans of the Company subject to specified limits, and such
delegation has not been amended, rescinded or superseded as of the date hereof;

     NOW, THEREFORE, effective as of the date hereof, the Company amends the
BRPs as set forth below:

     1.   The Excess BRP is amended by the addition of a new Section 10 to read
as set forth below:

                                   Section 10

          Alienation in Response to Qualified Domestic Relations Order
          ------------------------------------------------------------

               Any other provision of this Plan notwithstanding, an Eligible
          Employee's benefit under the Plan shall be payable to any "alternate
          payee," as such person is defined in section 414(p)(8) of the Code, as
          provided in a domestic relations order with respect to the Plan which
          would constitute a qualified domestic relations order within the
          meaning of section 414(p)(1)(A) of the Code if the Plan were subject
          to section

                                       3
<PAGE>

          414(p) of the Code. Determinations under this Section 10, including
          but not limited to determination of whether an order would constitute
          a qualified domestic relations order, shall be made by the Committee,
          or its designee, in its sole discretion. The rights of any alternate
          payee hereunder are subject to the provisions of the Plan as
          administered with respect to alternate payees, and the Committee may
          require an alternate payee to acknowledge that his or her rights are
          subject to such provisions.

     2.   The Supplemental BRP is amended by the addition of a new Section X to
read as set forth below:

                                   Section X

          Alienation in Response to Qualified Domestic Relations Order
          ------------------------------------------------------------

               Any other provision of this plan notwithstanding, an Eligible
          Employee's benefit under the Plan shall be payable to any "alternate
          payee," as such person is defined in section 414(p)(8) of the Code, as
          provided in a domestic relations order with respect to the Plan which
          would constitute a qualified domestic relations order within the
          meaning of section 414(p)(1)(A) of the Code if the Plan were subject
          to section 414(p) of the Code.  Determinations under this Section 10,
          including but not limited to determination of whether an order would
          constitute a qualified domestic relations order, shall be made by the
          Committee, or its designee, in its sole discretion.  The rights of any
          alternate payee hereunder are subject to the provisions of the Plan as
          administered with respect to alternate payees, and the Committee may
          require an alternate payee to acknowledge that his or her rights are
          subject to such provisions.

     IN WITNESS WHEREOF, the undersigned has set her hand hereunto as of the
date set forth below.



_____________________          _______________________________
Date                           Donna J. Goya

                                       4
<PAGE>

                          LEVI STRAUSS ASSOCIATES INC.
                        EXCESS BENEFIT RESTORATION PLAN

                          LEVI STRAUSS ASSOCIATES INC.
                     SUPPLEMENTAL BENEFIT RESTORATION PLAN

                                   AMENDMENTS

     WHEREAS, Levi Strauss Associates Inc. (the "Company") has established the
Levi Strauss Associates Inc. Excess Benefit Restoration Plan and the Levi
Strauss Associates Inc. Supplemental Benefit Restoration Plan (individually, the
"Excess BRP" and the "Supplemental BRP", respectively, collectively, the
"BRPs");

     WHEREAS, the Company desires to amend the BRPs to permit the expansion of
options for crediting certain bookkeeping accounts maintained under the BRPs;

     WHEREAS, by resolutions duly adopted on June 18, 1992, the Board of
Directors of the Company authorized Robert D. Haas, Chairman of the Board and
Chief Executive Officer, to adopt certain amendments to the employee benefit
plans of the Company and to delegate to any other officer of the Company the
authority to adopt certain amendments to such plans (the "Delegation"); and

     WHEREAS, on June 1, 1993, pursuant to the Delegation, Robert D. Haas
delegated to Donna J. Goya, Senior Vice President, the authority to amend the
employee benefit plans of the Company subject to specified limits, and such
delegation has not been amended, rescinded or superseded as of the date hereof,

     NOW, THEREFORE, effective as of the date hereof, the Company amends the
BRPs as set forth below:

     1.   Section 3(b) of the Excess BRP is amended in its entirety to read as
set forth below:

          (b) The difference between the aggregate amount of contributions which
     would have been allocated for plan years beginning before November 26, 1990
     in respect of the Eligible Employee under the Qualified Plans that are
     defined contribution plans without regard to the Benefit Limitation and the
     aggregate amount of contributions actually allocated in respect of such
     Eligible Employee thereunder, adjusted to reflect the performance of any
     measurement standard selected pursuant to Section 3(d) ("performance
     adjustments"); provided, however, that to the extent that such amount would
     have consisted of pre-tax or post-tax employee contributions, such amount
     will be credited hereunder only to the extent that the Eligible Employee
     executes a salary

                                       5
<PAGE>

     reduction agreement in a form suitable to the Committee. For purposes of
     determining performance adjustments hereunder, amounts payable pursuant to
     this Section 3(b) shall be deemed to be subject to the applicable
     performance standard as of the date such amounts would have been allocated
     under the Qualified Plan if not for the Benefit Limitation.

     At any time that participants under a Qualified Plan invest amounts
     contributed on their behalf to such Plan in a fund which invests primarily
     in the common stock of the Company (the "Stock Fund"), the Eligible
     Employee shall be permitted to elect whether any portion of the amount
     described in the immediately preceding paragraph shall be deemed to be
     invested in the Stock Fund, provided that such amount would have been
     available for investment in the Stock Fund at such time if not for the
     Benefit Limitation. If the Eligible Employee elects to have such amount
     deemed to be invested in the Stock Fund, the Eligible Employee's benefit
     under this Section 3(b) shall include (i) an amount equal to any employer
     matching contribution which would have been made to the Qualified Plan had
     such investment been made in the Stock Fund, and (ii) in lieu of
     performance adjustments as described in the immediately preceding
     paragraph, gains or losses in respect of the deemed contributions to the
     Stock Fund to reflect the gains or losses in the Stock Fund during the same
     period. In addition, any amounts credited to an Eligible Employee pursuant
     to the first paragraph of this Section 3(b) with respect to Nonelective
     Contributions which, by reason of the Benefit Limitation, could not be made
     to a Qualified Plan shall be deemed to be invested in the Stock Fund as of
     the next purchase of common stock of the Company by the Stock Fund which
     occurs after such amounts are credited under this Plan, and, thereafter,
     such amounts shall, in lieu of performance adjustments, reflect gains and
     losses in the manner prescribed in clause "(ii)" of the immediately
     preceding sentence. The election permitted under this paragraph generally
     shall be subject to the same limitations as are applicable to similar
     elections under the relevant Qualified Plan, except as provided otherwise
     by the Committee.

     2.   Section 3 of the Excess BRP is amended by the addition of a new
subsection (d), to read as set forth below:

          (d)(1)  Performance adjustments effected with respect to Plan benefits
     described in Section 3(b) above shall be determined pursuant to paragraph 2
     below, except to the extent that the Committee offers, and the Eligible
     Employee elects, alternative measurement standards pursuant to paragraph 3
     below.

          (2)  The performance adjustment pursuant to this paragraph 2 shall be
     interest, computed monthly, at a rate determined by the Committee to be
     equivalent to the reference rate charged for commercial loans by the Bank
     of America N.T. & S.A. on the last day of each such month.

                                       6
<PAGE>

          (3)  The Committee may, but is not required to, offer one or more
     measurement standards in addition to the standard described in paragraph 2.
     Such alternative measurement standards offered by the Committee may include
     standards which have different potential for risk and return and could
     result in  reductions in value of the Plan benefits of an Eligible Employee
     who elects such standards. The determination of such standards, terms and
     conditions for electing such standards and receiving credits for gains and
     losses attributable to such standards, shall be in the sole discretion of
     the Committee.

     3.   Section 3(c) of the Supplemental BRP is amended in its entirety to
read as set forth below:

          (c)  An amount determined as follows: (1) If any Eligible Employee's
     contributions to the Qualified Plans for a fiscal year are limited by
     section 401(a)(17) or 401(m) of the Code and the Eligible Employee executes
     a salary reduction agreement in a form suitable to the Committee, the
     Eligible Employee's compensation for the remainder of such fiscal year
     shall be reduced by an amount equal to the contributions that the Eligible
     Employee cannot make to the Qualified Plans, and such amount shall be
     credited to a bookkeeping account under the Plan. The bookkeeping account
     also shall be credited with an amount equal to any profit sharing
     contribution or nonelective contribution that would have been made with
     respect to such Employee under the Qualified Plans, adjusted to reflect the
     performance of any measurement standard selected pursuant to Section 3(e)
     ("performance adjustments"). For purposes of determining performance
     adjustments hereunder, amounts payable pursuant to this Section 3(c) shall
     be deemed to be subject to the applicable performance standard as of the
     date such amounts would have been allocated under the Qualified Plan if not
     for the limitations pursuant to section 401(a)(17) and 401(m) of the Code.

               (2)  At any time that participants under a Qualified Plan invest
     amounts contributed on their behalf to such Plan in a fund which invests
     primarily in the common stock of the Company (the "Stock Fund"), the
     Eligible Employee shall be permitted to elect to have amounts credited to
     the bookkeeping account deemed to be invested in the Stock Fund, provided
     that such amounts would have been available for investment in the Stock
     Fund at such time if not for the limitations imposed by sections 401(a)(17)
     and 401(m) of the Code. In addition, amounts credited with respect to
     nonelective contributions which would have been made to the Qualified Plans
     shall be deemed to be invested in the Stock Fund. If the Eligible Employee
     elects to have such amounts deemed to be invested in the Stock Fund, the
     bookkeeping account also shall be credited with the amount equal to any
     employer matching contribution which would have been made to the Qualified
     Plan if such investment had been made in the Stock Fund, and such amount
     also shall be deemed to be invested in the Stock Fund. With respect to
     amounts deemed to be invested in the Stock Fund pursuant to this

                                       7
<PAGE>

     Section 3(c)(2), the bookkeeping account, in lieu of performance
     adjustments pursuant to the immediately preceding paragraph, shall be
     credited with gains and losses as if such amounts were invested in the
     Stock Fund. The election permitted under this paragraph generally shall be
     subject to the same limitations which are applicable to similar elections
     under the relevant Qualified Plan, except as provided otherwise by the
     Committee.

     4.   Section 3 of the Supplemental BRP is amended by the addition of a new
subsection (e), to read as set forth below:

          (e)(1)  Performance adjustments effected with respect to Plan benefits
     described in Section 3(c) above shall be determined pursuant to paragraph 2
     below, except to the extent that the Committee offers, and the Eligible
     Employee elects, alternative measurement standards pursuant to paragraph 3
     below.

             (2)  The performance adjustment pursuant to this paragraph 2 shall
     be interest, computed monthly, at a rate determined by the Committee to be
     equivalent to the reference rate charged for commercial loans by the Bank
     of America N.T. & S.A. on the last day of each such month.

             (3)  The Committee may but is not required to, offer one or more
     measurement standards in addition to the standard described in paragraph 2.
     Such alternative measurement standards offered by the Committee may include
     standards which have different potential for risk and return and could
     result in reductions in value of the Plan benefits of an Eligible Employee
     who elects such standards. The determination of such standards, terms and
     conditions for electing such standards and receiving credits for gains and
     losses attributable to such standards, shall be in the sole discretion of
     the Committee.

     IN WITNESS WHEREOF, the undersigned has set her hand hereunto on _________,
     1994.



                              ________________________________
                              Donna J. Goya
                              Senior Vice President

                                       8
<PAGE>

                               LEVI STRAUSS & CO.
                        EXCESS BENEFIT RESTORATION PLAN

                               LEVI STRAUSS & CO.
                     SUPPLEMENTAL BENEFIT RESTORATION PLAN

                                   AMENDMENT

     WHEREAS, LEVI STRAUSS & CO. (the "Company") has adopted the Levi Strauss &
Co. Excess Benefit Restoration Plan (the "Excess BRP") and the Levi Strauss &
Co. Supplemental Benefit Restoration Plan (the "Supplemental BRP" (collectively
referred to as the "BRPs").

     WHEREAS, the Company desires to amend the BRPs, effective November 30,
1998, to provide a method of paying benefits under the 1999 Enhanced Early
Retirement Program for Laid Off Employees (the "1999 Enhancement") to certain
Members who could not receive the benefit under the applicable tax-qualified
plan due to nondiscrimination rules under the Internal Revenue Code;

     WHEREAS, by resolutions duly adopted on April 23, 1996, the Board of
Directors of the Company authorized Robert D. Haas, Chairman of the Board and
Chief Executive Officer, to adopt certain amendments to the BRPs and to delegate
to certain other officers of the Company the authority to adopt certain
amendments to the BRPs;

     WHEREAS, on May 2, 1996, Robert D. Haas delegated to Donna J. Goya, Senior
Vice President for Global Human Resources, the authority to amend the BRPs,
subject to specified limits, and such delegation has not been amended, rescinded
or superseded as of the date hereof; and

     WHEREAS, the amendment herein is within such limits to the delegated
authority of Donna J. Goya;

     NOW THEREFORE, effective November 30, 1998, the BRPs are hereby amended as
follows:

1.   Current paragraphs (c) and (d) of Section III of the Excess BRP are hereby
     redesignated as paragraphs (e) and (f).

2.   Section 3 of the Excess BRP is amended by adding a new paragraph (c) to
     read as follows:

               "(c) The amount of benefits which would have been payable to or
     in respect of the Eligible Employee under Section 3(d) of the Supplemental
     BRP

                                       9
<PAGE>

     but for the application of the Benefit Limitation to the amount payable
     thereunder,"

3.   The first sentence of the second paragraph of the Preamble to the
     Supplemental BRP is hereby amended in its entirety to read as follows:


               "The Plan is intended to supplement benefits under the Revised
     Home Office Pension Plan of Levi Strauss & Co., the Levi Strauss & Co.
     Retirement Plan for Over-the-Road Truck Drivers and Dispatchers and the
     Levi Strauss & Co. Revised Employee Retirement Plan (the "Qualified Plans")
     maintained by Levi Strauss & Co. (the "Company,") to the extent such
     benefits are reduced due to the limits of section 401(a)(17) of the Code,
     to permit the deferral of compensation and the restoration of matching
     contributions that are reduced under the Qualified Plans due to the limits
     of sections 401(a)(17) and 401(m) of the Code, and to provide benefits
     pursuant to the 1999 Enhancement that cannot be paid under the Qualified
     Plans due to nondiscrimination rules under the Code."

4.   Paragraph (c) of Section I of the Supplemental BRP is hereby amended in its
     entirety to read as follows:

               "(c) 'Eligible Employee' means each employee of the Company or
     any of its subsidiaries who is eligible for benefits under one of the
     Qualified Plans who has compensation (as defined therein) of $125,000 or
     more during the prior fiscal year or who is eligible for the 1999
     Enhancement but who could not receive payment (for the 1999 Enhancement)
     under the applicable Qualified Plan due to nondiscrimination rules under
     the Code; provided, however, that the Company may further restrict
     participation in the Plan to the extent it deems necessary in order for the
     Plan to be considered a Top Hat Plan.

5.   Section II of the Supplemental BRP is hereby amended in its entirety to
     read as follows:

               "Each employee whose benefits or allocations of contributions
     under the Qualified Plans are reduced as a result of the limitations on
     benefits and contributions imposed by sections 401(a)(17), 401(m) of the
     Code, or as a result of the application of the nondiscrimination rules
     under the Code to benefits under the 1999 Enhancement shall participate in
     the Plan unless he shall elect not to participate in the Plan by written
     notice to the Committee whereby he waives all present and future rights to
     benefits under the Plan. "

6.   The first sentence of Section III of the Supplemental BRP is hereby amended
     in its entirely to read as follows:

                                      10
<PAGE>

     "Subject to paragraph (e) below, the amount of the benefit payable to or in
     respect of an Eligible Employee hereunder shall be the sum of the amounts
     described in paragraphs (a), (b), (c) and (d):"

7.   Current paragraphs (d) and (e) of Section III of the Supplemental BRP are
     hereby redesignated as paragraphs (e) and (f).

8.   Section III of the Supplemental BRP is hereby amended by adding the
     following new paragraph (d) to read as follows:

               "(d) The difference between (i) and (ii) below, where (i) is the
     amount of benefits which would have been payable to or in respect of the
     Eligible Employee under the applicable Qualified Plan that is a defined
     benefit plan if such Eligible Employee would have been eligible to receive
     payment of the 1999 Enhancement under such Qualified Plan but for
     applicable nondiscrimination rules under the Code, and (ii) is the amount
     of benefits payable to or in respect of the Eligible Employee under the
     applicable Qualified Plan but without regard to any limits imposed under
     Section 415 of the Code;"

9.   The first sentence of paragraph (a)(1) of Section IV of the Supplemental
     BRP is hereby amended in its entirety to read as follows:

               "(1) A benefit described in Section 3(a) or 3(b) shall be paid to
     the Eligible Employee, his surviving spouse or his beneficiary at the same
     time or times, in the same form and subject to the same adjustments as his
     benefit under the Qualified Plans that are defined benefit plans. The
     benefit described in Section 3(d) shall be paid to the Eligible Employee,
     his surviving spouse or his beneficiary commencing on the early retirement
     date as specified in the Acceptance Notice under the 1999 Enhancement and
     in the form of payment specified in that Notice. "

10.  The Supplemental BRP is further amended by the addition of Addendums I, II
     and III attached hereto.

                               *    *   *   *   *

     IN WITNESS WHEREOF, the undersigned has caused this Amendment to be
executed this _____ day of November, 1998.

                              LEVI STRAUSS & CO.


                              __________________________
                              By:
                              Donna J. Goya

                                      11
<PAGE>

                              Senior Vice President

                                      12
<PAGE>

                               ADDENDUM I TO THE
                               LEVI STRAUSS & CO.
                     SUPPLEMENTAL BENEFIT RESTORATION PLAN


                 FISCAL 1999 ENHANCED EARLY RETIREMENT PROGRAM
                             FOR LAID OFF EMPLOYEES


     1.   Scope.  This is the Fiscal 1999 Enhanced Early Retirement Program for
          -----
Laid Off Employees (the "1999 Enhancement"), under which Eligible Members (as
defined in Section 2 below) may retire and receive the enhanced benefits
described under Section 4b, below. Except as provided under Section 4c below,
such benefits shall be provided under the Revised Home Office Pension Plan of
Levi Strauss & Co. (the "Pension Plan"). Benefits that are not paid from the
Pension Plan may be paid from the Levi Strauss & Co. Supplemental Benefit
Restoration Plan (the "Supplemental BR-P") and the Levi Strauss & Co. Excess
Benefit Restoration Plan (the "Excess BRP"). An Eligible Member must submit to
Levi Strauss & Co. a valid General Release in order to receive benefits under
the 1999 Enhancement through the BRPs.

     2.   Eligibility.  A Member is eligible for the 1999 Enhancement (an
          -----------
"Eligible Member") if:

          a.   Such Member is Laid Off (as defined herein) by the Company and
               terminates employment between November 30, 1998 and November 29,
               1999;

          b.   Such Member has at least 15 Years of Service at the time of
               termination of employment or would have had 15 Years of Service
               as of November 29, 1999, if not for being Laid Off by the
               Company; and

          c.   Such Member is at least age 50, or will attain age 50 on or
               before November 29, 1999.

     3.   Participation.  Participation in the 1999 Enhancement is completely
          -------------
voluntary. In order to participate in the 1999 Enhancement, an Eligible Member
shall complete a written notice ("Acceptance Notice") of the 1999 Enhancement on
the form prescribed for such purpose by the Administrative Committee. The
Acceptance Notice must be received by the Administrative Committee on or before
5:00 p.m. Pacific Standard Time on November 29, 1999. In addition, the
Acceptance Notice shall be deemed complete if it includes a retirement date that
occurs not earlier than December 1, 1998, and not later than December 1, 1999.

                                      13
<PAGE>

     4.   Benefits.
          --------

          a.   In General.  An Eligible Member who elects to participate in the
               ----------
               1999 Enhancement (a "Participating Member") shall be eligible for
               an immediate benefit under the 1999 Enhancement as of the
               retirement date described in Section 3 above and such retirement
               date shall be deemed to be an Early Retirement Date for purposes
               of the Pension Plan.

          b.   Amount.  The benefit under the 1999 Enhancement is the greater
               ------
               of the following which is applicable:

               i.   70% of the Participating Member's Retirement Benefit under
                    the Pension Plan; or

               ii.  If applicable to the Participating Member, the Benefit based
                    on the application of the Percentage Factor provided in
                    Table A of Section 7.1 of the Pension Plan opposite the
                    Participating Member's actual age (as of the retirement date
                    approved pursuant to Section 3 above).

          c.   Method of Payment.  The benefits under the 1999 Enhancement
               -----------------
               shall be paid from the Pension Plan, provided that such payment
               does not cause the Pension Plan to violate applicable
               nondiscrimination rules under the Code. If the payment of the
               1999 Enhancement benefits would cause the Pension Plan to violate
               such nondiscrimination rules, benefits to Members whose 1998
               Compensation (as defined in the Pension Plan) is $125,000 or
               higher shall be paid from the Supplemental BRP and, if
               applicable, the Excess BRP.

     5.   Benefits for Alternate Payee.  An Alternate Payee with respect to a
          ----------------------------
Participating Member may elect to receive benefits during the election period
set forth in Section 3 above to the extent provided in, and in accordance with,
the applicable Qualified Domestic Relations Order.

     6.   Transferred Eligible Members.  An Employee who is transferred to a new
          ----------------------------
position prior to retirement under the 1999 Enhancement shall no longer be
eligible to retire under the 1999 Enhancement unless such Employee is Laid Off
and eligible to participate within the period set forth in Section 3 above.

     7.   Meaning of "Laid Off'.  An Employee is Laid Off if he or she is
          ---------------------
involuntarily separated from employment with the Company at the written
direction of the Company in connection with a program specified by the Company
as a lay off.

                                      14
<PAGE>

                               ADDENDUM II TO THE
                               LEVI STRAUSS & CO.
                     SUPPLEMENTAL BENEFIT RESTORATION PLAN


                 FISCAL 1999 ENHANCED EARLY RETIREMENT PROGRAM
                             FOR LAID OFF EMPLOYEES


     1.   Scope.  This is the Fiscal 1999 Enhanced Early Retirement Program for
          -----
Laid Off Employees (the "1999 Enhancement"), under which Eligible Members (as
defined in Section 2 below) may retire and receive the enhanced benefits
described under Section 4b, below. Except as provided under Section 4c below,
such benefits shall be provided under the Levi Strauss & Co. Retirement Plan for
Over-the-Road Truck Drivers and Dispatchers (the "Pension Plan").  Benefits that
are not paid from the Pension Plan may be paid from the Levi Strauss & Co.
Supplemental Benefit Restoration Plan (the "Supplemental BRP") and the Levi
Strauss & Co. Excess Benefit Restoration Plan (the "Excess BRP"). An Eligible
Member must submit to Levi Strauss & Co. a valid General Release in order to
receive benefits under the 1999 Enhancement through the BRPs.

     2.   Eligibility.  A Member is eligible for the 1999 Enhancement (an
          -----------
"Eligible Member") if:

          a.   Such Member is Laid Off (as defined herein) by the Company and
               terminates employment between November 30, 1998 and November 29,
               1999;

          b.   Such Member has at least 15 Years of Service at the time of
               termination of employment or would have had 15 Years of Service
               as of November 29, 1999, if not for being Laid Off by the
               Company; and

          c.   Such Member is at least age 50, or will attain age 50 on or
               before November 29, 1999.

     3.  Participation.  Participation in the 1999 Enhancement is completely
         -------------
voluntary. In order to participate in the 1999 Enhancement, an Eligible Member
shall complete a written notice ("Acceptance Notice") of the 1999 Enhancement on
the form prescribed for such purpose by the Administrative Committee. The
Acceptance Notice must be received by the Administrative Committee on or before
5:00 p.m. Pacific Standard Time on November 29, 1999. In addition, the
Acceptance Notice shall be

                                      15
<PAGE>

deemed complete if it includes a retirement date that occurs not earlier than
December 1, 1998, and not later than December 1, 1999.

     4.   Benefits.
          --------

          a.   In General.  An Eligible Member who elects to participate in the
               ----------
               1999 Enhancement (a "Participating Member") shall be eligible for
               an immediate benefit under the 1999 Enhancement as of the
               retirement date described in Section 3 above and such retirement
               date shall be deemed to be an Early Retirement Date for purposes
               of the Pension Plan.

          b.   Amount.  The benefit under the 1999 Enhancement is the greater
               ------
               of the following which is applicable:

               i.   70% of the Participating Member's Retirement Benefit under
                    the Pension Plan; or

               ii.  If applicable to the Participating Member, the Benefit based
                    on the application of the Percentage Factor provided in
                    Table A of Section 7.1 (b) of the Pension Plan opposite the
                    Participating Member's actual age (as of the retirement date
                    approved pursuant to Section 3 above); or

               iii. If the Participating Member's total attained age plus Years
                    of Service equals or exceeds 80, or would have equaled or
                    exceeded 80 as of November 29,1999, if not for being Laid
                    Off; 100% of his or her Retirement Benefit.

          c.   Method of Payment.  The benefits under the 1999 Enhancement
               -----------------
               shall be paid from the Pension Plan, provided that such payment
               does not cause the Pension Plan to violate applicable
               nondiscrimination rules under the Code. If the payment of the
               1999 Enhancement benefits would cause the Pension Plan to violate
               such nondiscrimination rules, benefits to Members whose 1998
               Compensation (as defined in the Pension Plan) is $125,000 or
               higher shall be paid from the Supplemental BRP and, if
               applicable, the Excess BRP.

     5.   Benefits for Alternate Payee.  An Alternate Payee with respect to a
          ----------------------------
Participating Member may elect to receive benefits during the election period
set forth in Section 3 above to the extent provided in, and in accordance with,
the applicable Qualified Domestic Relations Order.

                                      16
<PAGE>

     6.   Transferred Eligible Members.  An Employee who is transferred to a new
          ----------------------------
position prior to retirement under the 1999 Enhancement shall no longer be
eligible to retire under the 1999 Enhancement unless such Employee is Laid Off
and eligible to participate within the period set forth in Section 3 above.

     7.   Meaning of "Laid Off'.   An Employee is Laid Off if he or she is
          ---------------------
involuntarily separated from employment with the Company at the written
direction of the Company in connection with a program specified by the Company
as a layoff.

                                      17
<PAGE>

                              ADDENDUM III TO THE
                               LEVI STRAUSS & CO.
                     SUPPLEMENTAL BENEFIT RESTORATION PLAN


                 FISCAL 1999 ENHANCED EARLY RETIREMENT PROGRAM
                             FOR LAID OFF EMPLOYEES


     1.   Scope.  This is the Fiscal 1999 Enhanced Early Retirement Program for
          -----
Laid Off Employees (the "1999 Enhancement"), under which Eligible Members (as
defined in Section 2 below) may retire and receive the enhanced benefits
described under Section 4b, below. Except as provided under Section 4c below,
such benefits shall be provided under the Levi Strauss & Co. Revised Employee
Retirement Plan (the "Pension Plan"). Benefits that are not paid from the
Pension Plan may be paid from the Levi Strauss & Co. Supplemental Benefit
Restoration Plan (the "Supplemental BRP") and the Levi Strauss & Co. Excess
Benefit Restoration Plan (the "Excess BRP"). An Eligible Member must submit to
Levi Strauss & Co. a valid General Release in order to receive benefits under
the 1999 Enhancement through the BRPs.

     2.   Eligibility.  A Member is eligible for the 1999 Enhancement (an
          -----------
"Eligible Member") if:

          a.   Such Member is Laid Off (as defined herein) by the Company and
               terminates employment between November 30, 1998 and November 29,
               1999;

          b.   Such Member has at least 15 Years of Service at the time of
               termination of employment or would have had 15 Years of Service
               as of November 29, 1999, if not for being Laid Off by the
               Company; and

          c.   Such Member is at least age 50, or will attain age 50 on or
               before November 29, 1999.

     3.   Participation.  Participation in the 1999 Enhancement is completely
          -------------
voluntary. In order to participate in the 1999 Enhancement, an Eligible Member
shall complete a written notice ("Acceptance Notice") of the 1999 Enhancement on
the form prescribed for such purpose by the Administrative Committee. The
Acceptance Notice must be received by the Administrative Committee on or before
5:00 p.m. Pacific Standard Time on November 29, 1999. In addition, the
Acceptance Notice shall be deemed complete if it includes a retirement date that
occurs not earlier than December 1, 1998, and not later than December 1, 1999.

                                      18
<PAGE>

     4.   Benefits.
          --------

          a.   In General.  An Eligible Member who elects to participate in the
               ----------
               1999 Enhancement (a "Participating Member") shall be eligible for
               an immediate benefit under the 1999 Enhancement as of the
               retirement date described in Section 3 above and such retirement
               date shall be deemed to be an Early Retirement Date for purposes
               of the Pension Plan.

          b.   Amount.  The benefit under the 1999 Enhancement is the greater of
               ------
               the following which is applicable:

               i.   70% of the Participating Member's Retirement Benefit under
                    the Pension Plan; or

               ii.  If applicable to the Participating Member, the Benefit based
                    on the application of the Percentage Factor provided in
                    Table A of Section 8.1 (b) of the Pension Plan opposite the
                    Participating Member's actual age (as of the retirement date
                    approved pursuant to Section 3 above); or

               iii. If the Participating Member's total attained age plus Years
                    of Service equals or exceeds 80, or would have equaled or
                    exceeded 80 as of November 29,1999, if not for being Laid
                    Off; 100% of his or her Retirement Benefit.

          c.   Method of Paying.  The benefits under the 1999 Enhancement shall
               ----------------
               be paid from the Pension Plan, provided that such payment does
               not cause the Pension Plan to violate applicable
               nondiscrimination rules under the Code, If the payment of the
               1999 Enhancement benefits would cause the Pension Plan to violate
               such nondiscrimination rules, benefits to Members whose 1998
               Compensation (as defined in the Pension Plan) is $125,000 or
               higher shall be paid from the Supplemental BRP and, if
               applicable, the Excess BRP.

     5.   Benefits for Alternate Payee.  An Alternate Payee with respect to a
          ----------------------------
Participating Member may elect to receive benefits during the election period
set forth in Section 3 above to the extent provided in, and in accordance with,
the applicable Qualified Domestic Relations Order.

     6.   Transferred Eligible Members.  An Employee who is transferred to a new
          ----------------------------
position prior to retirement under the 1999 Enhancement shall no longer be
eligible to

                                      19
<PAGE>

retire under the 1999 Enhancement unless such Employee is Laid Off and eligible
to participate within the period set forth in Section 3 above.

     7.   Meaning of "Laid Off'.  An Employee is Laid Off if he or she is
          ---------------------
involuntarily separated from employment with the Company at the written
direction of the Company in connection with a program specified by the Company
as a layoff.

                                      20