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| EXHIBIT      A 10.3.1                                                                                                                                                                                                                 |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| CENTRAL VERMONT PUBLIC      SERVICE CORPORATION  OFFICERS’      SUPPLEMENTAL RETIREMENTANDDEFERRED COMPENSATION      PLAN  Amended      And Restated August 4, 2008With      An Effective Date of January 1,2008 |

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| CENTRAL VERMONT PUBLIC      SERVICE CORPORATIONOFFICERS’      SUPPLEMENTAL RETIREMENTANDDEFERRED COMPENSATION      PLAN  TABLE OF      CONTENTS  |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| PREAMBLE                                                                                                                                                         | 4 |
| ARTICLE      I                                                                                                                                                        | DEFINITIONS  | 5 |
| ARTICLE      II                                                                                                                                                       | PLAN      ELIGIBILITY  | 7 |
| ARTICLE      III                                                                                                                                                      | AMOUNT      OF BENEFIT  | 7 |
| 3.1                                                                                                                                                                   | Retirement      Benefits  | 7 |
| 3.2                                                                                                                                                                   | [Reserved]  | 8 |
| 3.3                                                                                                                                                                   | Death      Benefits  | 8 |
| 3.4                                                                                                                                                                   | Benefits      Upon a Change in Control  | 9 |
| ARTICLE      IV                                                                                                                                                       | FORM      AND TIMING OF BENEFITS  | 10 |
| 4.1                                                                                                                                                                   | Normal      Retirement Benefits  | 10 |
| 4.2                                                                                                                                                                   | Discretionary      Acceleration of Payments  | 12 |
| ARTICLE      V                                                                                                                                                        | VESTING  | 14 |
| ARTICLE      VI                                                                                                                                                       | ADMINISTRATION  | 14 |
| 6.1                                                                                                                                                                   | Plan      Administrator  | 14 |
| 6.2                                                                                                                                                                   | Claims      for Benefits  | 14 |
| 6.3                                                                                                                                                                   | Delegation      of Authority  | 14 |
| 6.4                                                                                                                                                                   | Employees/Agents  | 15 |
| 6.5                                                                                                                                                                   | Indemnification  | 15 |
| 6.6                                                                                                                                                                   | Meetings/Quorum  | 15 |
| 6.7                                                                                                                                                                   | Compliance      with Section 409A | 15 |

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| ARTICLE      VII  | FUNDING                                                    | 16     |
|-------------------|-----------------------------------------------------------------|--------|
| ARTICLE      VIII | AMENDMENT      AND TERMINATION                             | 16     |
| 8.1               | Amendment                                                  | 16     |
| 8.2               | Termination                                                | 16     |
| ARTICLE      IX   | BENEFITS      FOR GRANDFATHERED PARTICIPANTS               | 17     |
| 9.1               | Retirement      Benefits                                   | 17     |
| 9.2               | Death      Benefits                                        | 18     |
| 9.3               | Benefits      upon a Change in Control                     | 19     |
| 9.4               | Form      and Timing of Grandfathered Retirement Benefits  | 19     |
| ARTICLE      X    | GENERAL      PROVISIONS                                    | 20     |
| 10.1              | Payments      to Minors and Incompetents                   | 20     |
| 10.2              | No      Contract                                           | 21     |
| 10.3              | Use      of Masculine and Feminine; Singular and Plural    | 21     |
| 10.4              | Non-Alienation      of Benefits                            | 21     |
| 10.5              | Income      Tax Withholding                                | 21     |
| 10.6              | Governing      Law                                         | 21     |
| 10.7              | Captions                                                   | 21     |
| 10.8              | Severability                                               | 21     |
| APPENDIX      A   | GRANDFATHERED      PARTICIPANTS                            | 23     |
| APPENDIX      B   | PREDECESSOR      PLAN BENEFITS                             | 25     |
| EXHIBIT      A    | Retirement      Benefit Election Form                           |   |

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| (a) | such      Employee’s Compensation is not fully recognized under the Basic Plan      because of the compensation limitations imposed by Code Section      401(a)(17); or |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | such      Employee’s Basic Plan retirement benefit is restricted or reduced by the      Code Section 415 limitations on maximum pension benefits;    and |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | such      Employee is (i) expressly selected by the Board, in its sole discretion,      to participate in the Plan, or (ii) an officer of the Employer who holds      one of the following job titles: |
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| 3.1 | Retirement      Benefits. |
|-----|---------------------------|

|   | (a) | Normal Retirement      Benefit.  The benefit payable under this Plan to a      Participant shall equal the excess, if any, of (i) over (ii)      where: |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | is      the benefit which would have been paid to such Participant as a single      life annuity under the Basic Plan, if the provisions of the Basic Plan      were administered without regard to the benefit limitations of Code      Section 415 and regulations thereunder and without regard to the      compensation limits of Code Section 401(a)(17) and regulations thereunder;      and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (ii) | is      the benefit which is payable to such Participant as a single life annuity      under the Basic Plan. |
|--------|------|--------------------------------------------------------------------------------------------------------------|

|   | (b) | Actuarial      Adjustment.  If a benefit is paid in a form other than a      single life annuity, the benefit described above shall be the Actuarial      Equivalent of a single life annuity form of  payment. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.2 | [Reserved] |
|-----|------------|

| 3.3 | Death      Benefits. |
|-----|----------------------|

|   | (a) | Pre-retirement      Survivor Annuity.  A Participant’s Beneficiary who is      entitled to a pre-retirement survivor annuity under Section 6.02 or 6.03      of the Basic Plan, shall also be entitled to receive a pre-retirement      survivor annuity from this Plan.  The pre-retirement survivor      annuity payable under this Plan to a Beneficiary shall equal the excess,      if any, of (i) over (ii) where: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | is      the pre-retirement survivor annuity which would have been paid to such      Beneficiary under Section 6.02 or 6.03 of the Basic Plan, if the      provisions of the Basic Plan were administered without regard to the      benefit limitations of Code Section 415 and regulations thereunder and      without regard to the compensation limits of Code Section 401(a)(17) and      regulations thereunder; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | is      the pre-retirement survivor annuity which is payable to such Beneficiary      under Section 6.02 or 6.03 of the BasicPlan. |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Elections.  Notwithstanding      the elections that are available to a Beneficiary under the Basic Plan      with regard to the time for commencement of the pre-retirement survivor      annuity, a Beneficiary under the Plan shall have no such options with      respect to the pre-retirement survivor annuity payable under the Plan and      such annuity shall commence at the time specified under Section 6.02 or      6.03 of the Basic Plan without regard to the elections      thereunder. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (c) | Death Following      Commencement of Benefits.  If a Participant dies at any      time after retirement benefits have begun, no death benefit shall be      payable to anyone unless the form in which the retirement benefit was      being paid provided for a continuing payment.  If the retirement      benefit form of payment provided for a continuing payment, the death      benefit shall be the amount payable under the terms of such form of      payment. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Death Following      Payment Trigger.  In the event a Participant, whose      benefit is determined under Section 3.4 as a result of a Change in      Control, dies prior to payment of such benefit, the death benefits      described in paragraphs (a) of this Section 3.3, shall be determined on      the basis of the enhanced benefits described in Section      3.4(a). |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.4 | Benefits Upon a Change      in Control. |
|-----|-----------------------------------------|

|   | (a) | Change in Control      Benefit.  Upon the occurrence of a Payment Trigger, a      Participant who is a party to a Change in Control Agreement, and who      satisfies the restrictive covenants contained therein as well as any      obligation to provide consulting services thereunder, shall be entitled to      the benefit described in Section 3.1(a), provided that such benefit shall      be determined taking into account the additional years of benefit accruals      afforded the Participant under Section 4(G) of the Change in Control      Agreement and assuming Participant’s compensation under the Basic Plan for      such additional period of time is equal to Participant’s compensation for      the Plan Year immediately preceding the Plan Year in which the Change in      Control occurs.. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Time for and Form of      Payment.  Benefits determined under Section 3.4(a), shall      be payable at the later of the date the Participant attains age 55 and the      date on which severance compensation benefits become payable under the      Participant’s Change in Control Agreement. The form of the payment shall      be in accordance with the Participant’s election or deemed election as      provided for under Article IV. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (a) | Form of      Payment.  Payment of a Normal Retirement Benefit      described in Section 3.1 shall be made in accordance with the form      selected by the Participant from among the options provided for under      Sections 5.03, 5.04, 5.05, 5.06 and 5.07 of the Basic      Plan.  With regard to the lump-sum option provided for in      Section 5.06, once elected that form of payment may not be revoked or      otherwise changed except as provided for in Section  4.1(d). |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Time for Payment of      Normal Retirement Benefits.  Payment of Normal Retirement      Benefits shall commence on the later of (i) the first day of the seventh      month following Participant’s Separation from Service or (ii) the date      selected by the Participant. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | In      the event that a Participant commences receiving benefits under this      Section 4.2 and is subsequently reemployed by the Employer or an      Affiliated Employer, payment of benefits under this Section 4.2 shall      continue and shall not be suspended as required by Section      409A. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Time and Method of      Election.  Every individual who was a Participant of the      Plan on January 1, 2008, and who, at such time, had not yet retired or      otherwise experienced a Separation from Service, shall elect the form and      time for payment of his/her Normal Retirement Benefit on or before      December 31, 2008.  The election shall be made by completing the      Retirement Benefit Election Form attached hereto as Exhibit A, as the same      may be amended from time to time, and submitting said Form with the      Pension Committee on or before December 31,  2008. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Upon      attaining eligibility as provided for under Article II, a new Participant      must submit a Retirement Benefit Election Form with the Pension Committee      on or before January 30 following the calendar year in which the      Participant first becomes eligible for Normal Retirement Benefits under      the Plan.  Should a new Participant fail to make a timely      submission of his/her Retirement Benefit Election Form, the Participant      shall be deemed to have elected to receive his/her Normal Retirement      Benefit in the form a single life annuity commencing on the first day of      the seventh month following Separation from  Service. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | Once      a Participant elects or is deemed to have elected a form and time for      payment of his/her Normal Retirement Benefit, that election shall not be      changed accept as provided for in Section  4.1(d). |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Changes in Retirement      Benefit Election.  A Participant may not change the form      or time for the payment of the Participant’s Retirement Benefit (a      “Subsequent Payment Election”) unless such Election complies with the      following rules: |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | The      Subsequent Payment Election most recently accepted by the Plan Pension      Committee and that satisfies the requirements of this Section 4.1(d) shall      govern notwithstanding any prior election to the  contrary; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | The      Subsequent Payment Election may not take effect until at least 12 months      after the date on which it is accepted by the Pension      Committee.  For this purpose, an annuity or installment form of      payment shall be treated as a single payment rather than a series of      payments.  Accordingly, a subsequent payment election may not be      made during the 12-month period preceding the date on which the first      annuity or installment amount was scheduled to be  paid; |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | The      Subsequent Payment Election, must specify a new payment date that is at      least 5 years after the previously scheduled payment date (or, in the case      of an annuity or installment election, at least 5 years from the date the      first amount was scheduled to be paid);and |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | A      change from one form of life annuity to another form of life annuity      before any annuity payment has been made shall not be considered a change      in the time or form of payment provided that the date scheduled for the      first annuity payment remains the same and the annuities are Actuarial      Equivalents. |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | Required Beginning      Date.  In no event, may a Participant specify a date on      which payments shall commence that is later than the later of (i) April 1      following the calendar year in which the  Participant attains      age 70 ½, or (ii)      the first day of the seventh month following Participant’s Separation from      Service. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 4.2 | Discretionary      Acceleration of Payments. To the extent permitted by Section 409A,      the Pension Committee may, in its sole discretion, accelerate the time or      schedule of a payment under the Plan as provided in this      Section.  The provisions of this Section are intended to comply      with the exception to accelerated payments under Treasury Regulation      Section 1.409A-3(j) and shall be interpreted and administered      accordingly. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | Domestic Relations      Orders. The Pension Committee may, in its sole discretion,      accelerate the time or schedule of a payment under the Plan to an      individual other than the Participant as may be necessary to fulfill a      domestic relations order (as defined in Code Section      414(p)(1)(B)). |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Conflicts of      Interest. The Pension Committee may, in its sole discretion,      provide for the acceleration of the time or schedule of a payment under      the Plan to the extent necessary for any federal officer or employee in      the executive branch to comply with an ethics agreement with the federal      government. Additionally, the Pension Committee may, in its sole      discretion, provide for the acceleration of the time or schedule of a      payment under the Plan the to the extent reasonably necessary to avoid the      violation of an applicable federal, state, local, or foreign ethics law or      conflicts of interest law (including where such payment is reasonably      necessary to permit the Participant to participate in activities in the      normal course of his/her position in which the Participant would otherwise      not be able to participate under an applicable  rule). |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Employment      Taxes. The  Pension Committee may, in its sole      discretion, provide for the acceleration of the time or schedule of a      payment under the Plan to pay the Federal Insurance Contributions Act      (FICA) tax imposed under Code Sections 3101, 3121(a), and 3121(v)(2) where      applicable, on compensation deferred under the Plan (the “FICA amount”).      Additionally, the Pension Committee may, in its sole discretion, provide      for the acceleration of the time or schedule of a payment, to pay the      income tax at source on wages imposed under Code Section 3401 or the      corresponding withholding provisions of applicable state, local, or      foreign tax laws as a result of the payment of the FICA amount, and to pay      the additional income tax at source on wages attributable to the      pyramiding Code Section 3401 wages and taxes. However, the total payment      under this acceleration provision must not exceed the aggregate of the      FICA amount, and the income tax withholding related to such FICA      amount. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (d) | Limited      Cash-Outs. The Pension Committee may, in its sole discretion,      require a mandatory lump sum payment of amounts payable under the Plan if      that amount does not exceed the applicable dollar amount under Code      Section 402(g)(1)(B), provided that the payment results in the termination      and liquidation of the entirety of the Participant’s interest under the      Plan, including all agreements, methods, programs, or other arrangements      with respect to which deferrals of compensation are treated as having been      deferred under a single nonqualified deferred compensation plan under      Section 409A. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | Payment Upon Income      Inclusion Under Section 409A. The Pension Committee may, in its      sole discretion, provide for the acceleration of the time or schedule of a      payment under the Plan at any time the Plan fails to meet the requirements      of Code Section 409A. The payment may not exceed the amount required to be      included in income as a result of the failure to comply with the      requirements of Code Section 409A. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | Bona Fide Disputes as      to a Right to a Payment. The Pension Committee may, in its sole      discretion, provide for the acceleration of the time or schedule of a      payment under the Plan where such payments occur as part of a settlement      between the Participant and Employer (or any entity which would be      considered to be a single employer with Employer under Code Sections      414(b) or Section 414(c)) of an arm’s length, bona fide dispute as to the      Participant’s right to the deferredamount. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | Plan Terminations and      Liquidations. The Pension Committee may, in its sole discretion,      provide for the acceleration of the time or schedule of a payment under      the Plan as provided in Section 8.2hereof. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (h) | Other Events and      Conditions.  A payment may be accelerated upon such other      events and conditions as the Internal Revenue Service may prescribe in      generally applicable guidance published in the Internal Revenue      Bulletin.  Notwithstanding anything contained in this Section      4.2 to the contrary, in no event may a payment be accelerated under      Sections 4.2(d), (e), (f), (g), or (h) following a Participant’s      Separation from Service to a date that is prior to the first day of the      seventh month following  the Participant’s Separation from      Service (or if earlier, upon the Participant’s death).  Except      as otherwise specifically provided in this Plan, including but not limited      to this Section 4.2 and Section 8.2 hereof, the Pension Committee may not      accelerate the time or schedule of any payment or amount scheduled to be      paid under the Plan within the meaning of Code Section    409A. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 6.1 | Plan      Administrator.  This Plan shall be administered by the      Employer through the Pension Committee in a manner consistent with the      administration of the Basic Plan as set forth in the Basic Plan, except as      specifically provided herein. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2 | Claims for      Benefits.  All claims for benefits under this Plan shall      be made in writing to the Pension Committee. Such claims for benefits,      responses by the Pension Committee, and any appeals thereof shall be made      in accordance with the provisions for claims procedures, as set forth in      the Basic Plan. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.3 | Delegation of      Authority.  The members of the Pension Committee may      authorize one or more of their number to execute or deliver any      instrument, make any payment or perform any other act which the Plan      authorizes or requires the Pension Committee to do.  Any      responsibility or authority assigned to the Pension Committee under the      Plan may be delegated to any other person or persons, by name or in the      case of a delegation to an employee of the Employer by title or position      with the Employer, provided such delegation is revocable by the Pension      Committee at any time in itsdiscretion. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 6.4 | Employees/Agents.  The      Pension Committee may employ counsel and other agents and may procure such      clerical, accounting, actuarial, consulting and other services as it may      require in carrying out the provisions of the  Plan. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.5 | Indemnification.  The      Employer shall indemnify and save harmless each member of the Pension      Committee against all expenses and liabilities arising out of membership      on such Pension Committee, provided such indemnification would not be      contrary to law or the by-laws of the Employer.  No bond or      other security shall be required by the Pension Committee members for the      faithful performance of their dutieshereunder. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.6 | Meetings/Quorum.  The      Pension Committee shall hold meetings upon such notice, at such place or      places, and at such times as its members may from time to time      determine.  A majority of the members of the Pension Committee      at the time in office shall constitute a quorum for the transaction of      business.  All actions taken by the Pension Committee at any      meeting shall be by vote of the majority of its members present at such      meeting, but the Pension Committee may act without a meeting by unanimous      action of its members evidenced by a resolution signed by all such      members.  Subject to the terms of the Plan, the Pension      Committee may from time to time adopt by-laws, rules and regulations for      the administration of the Plan and the conduct and transaction of its      business and affairs. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.7 | Compliance with      Section 409A.  It is intended that the payments and      benefits provided under the Plan shall either be exempt from the      application of, or comply with, the requirements of Section 409A. The Plan      shall be construed, administered, and governed in a manner that effects      such intent, and Employer shall not take any action that would be      inconsistent with such intent. Without limiting the foregoing, the      payments and benefits provided under the Plan may not be deferred,      accelerated, extended, paid out or modified in a manner that would result      in the imposition of an additional tax under Section 409A upon a      Participant. Although Employer shall use its best efforts to avoid the      imposition of taxation, interest and penalties under Section 409A, the tax      treatment of the benefits provided under this Agreement is not warranted      or guaranteed.  Neither, Employer, its subsidiaries nor their      respective directors, officers, employees or advisors shall be held liable      for any taxes, interest, penalties or other monetary amounts owed by a      Participant or other taxpayer as a result of the  Plan. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 8.1 | Amendment.  The      Employer, reserves the right to amend, modify, or suspend this Plan in      whole or in part at anytime by action of the Board or the Board’s duly      appointed delegate.  No amendment or suspension of the Plan,      however, shall reduce the retirement benefit accrued under this Plan as in      effect on the date of any amendment, modification, or suspension, except      to the extent that the Participant agrees in writing to such      reduction. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.2 | Termination.  The      Plan is purely voluntary on the part of Employer and Employer reserves the      right to terminate the Plan at any time.  In the event that the      Plan is terminated, a Participant’s retirement benefits shall be      distributed to the Participant on the dates on which the Participant would      otherwise receive benefits hereunder without regard to the termination of      the Plan. Notwithstanding the preceding sentence, and to the extent      permitted under Section 409A, Employer, by action taken by its Board, may      terminate the Plan and accelerate the payment of the retirement benefits      provided that such payment complies with the requirements of Treasury      Regulation Section 1.409A-3(j)(4)(ix) including the termination and      liquidation of  all other deferred compensation arrangements      required to be aggregated with the Plan under Section 409A. If the Plan is      terminated pursuant to this Section 8.2, Employer shall be prohibited from      adopting a new plan or arrangement that would be aggregated with this Plan      under Section 409A within 3 years following the date that the Board      irrevocably approves the termination and liquidation of the      Plan. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | Notwithstanding      anything contained in this Section 8.2 to the contrary, in no event may a      payment be accelerated following a Participant’s Separation from Service      to a date that is prior to the first day of the seventh month following      the Participant’s Separation from Service (or if earlier, upon the      Participant’s death).  This Section 8.2 is intended to comply      with the exception to accelerated payments under Treasury Regulation      Section 1.409A-3(j)(4)(ix) and shall be interpreted and administered      accordingly. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | Calculation of      Benefit.  The retirement benefit payable to a      Grandfathered Participant consist of two components.  The first,      component is the Grandfathered Retirement Benefit which amount is set      forth in Paragraph VII of Appendix A and expressed as single life      annuity.  The Grandfathered Retirement Benefit is not subject to      the limitations contained in Section 409A as to the timing and form of      payment, and thus, any election as to the time and form of payment of the      Grandfathered Retirement Benefit must comply with Section      9.4.  The second component of the retirement benefit payable to      a Grandfathered Participant is the amount by which the “Minimum Retirement      Benefit”, as defined in Section 9.1(b), exceeds the Grandfathered      Retirement Benefit.  Such excess is subject to the limitations      contained Section 409A as to the timing and form of payment, and thus, any      election as to the time and form of payment of that amount must comply      with Section 4.1.  To be clear and for the avoidance of any      doubt, the sum of the two components shall in all cases be the Actuarial      Equivalent of the Minimum Retirement Benefit regardless of the form and      time selected for the payment of eachcomponent. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Minimum Retirement      Benefit.  Each Grandfathered Participant shall be      entitled to the greater of the benefit provided for under Section 3.1(a),      or a benefit equal to (i) plus (ii) minus (iii)  where: |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (i) | is      the Actuarial Equivalent single life annuity of the benefits described in      Paragraph I of Appendix A and modified, if at all, by Paragraphs II, III,      IV, V and VI of Appendix A; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | is      the benefit that would be payable to such Participant as a single life      annuity under the Basic Plan if amounts paid under the Management      Incentive Plan for Officers were excluded from compensation under the      Basic Plan; and |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | is      the benefit that is actually payable to such Participant as a single life      annuity under the Basic Plan. |
|--------|-------|----------------------------------------------------------------------------------------------------------------------|

|   | (a) | Minimum Pre-Retirement      Survivor Benefit for Grandfathered Participants.  The      minimum death benefit payable to the Beneficiary of a Grandfathered      Participant shall be the greater of the amount payable under Section      3.3(a) or an amount equal to (i) plus (ii) minus (iii)    where: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | is      the Actuarial Equivalent single life annuity of the benefits payable to      the Participant’s  Beneficiary as described in Paragraph I of      Appendix A and modified, if at all, by Paragraphs II, III, IV, V and VI of      Appendix A; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | is      the benefit which would be payable to the Participant’s Beneficiary as a      pre-retirement survivor annuity under Section 6.02 or 6.03 of the Basic      Plan if amounts paid under the Management Incentive Plan for Officers were      excluded from compensation under the Basic Plan;  and |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | is      the benefit which is actually payable to the Participant’s Beneficiary as      a pre-retirement survivor annuity under Section 6.02 or 6.03 of the Basic      Plan. |
|--------|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Elections.  Notwithstanding      the elections that are available to a Beneficiary under the Basic Plan      with regard to the time for commencement of the pre-retirement survivor      annuity, a Beneficiary of a Grandfathered Participant shall have no such      options with respect to the pre-retirement survivor annuity payable under      the Plan and such annuity shall commence at the time specified under      Section 6.02 or 6.03 of the Basic Plan without regard to the elections      thereunder. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (c) | Death Following      Commencement of Benefits.  If a Grandfathered Participant      dies at any time after retirement benefits have begun, no death benefit      shall be payable to anyone unless the form in which the retirement benefit      was being paid provided for a continuing payment.  If the      retirement benefit form of payment provided for a continuing payment, the      death benefit shall be the amount payable under the terms of such form of      payment. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | Change In Control      Benefit. Upon the occurrence of a Payment Trigger, a Grandfathered      Participant who is a party to a Change in Control Agreement, and who      satisfies the restrictive covenants contained therein as well as any      obligation to provide consulting services thereunder, shall be entitled to      the benefit described in Section 9.1(b) without regard to the age and      service requirements of Paragraph III(a) of Appendix      A.  However, benefits payable under this Section 9.3 (a) shall      be subject to the early retirement reduction specified in Paragraph III(b)      of Appendix A. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Time for and Form of      Payment.  Benefits determined under Section 9.3(a), shall      be payable at the later of the date the Participant attains age 55 and the      date on which severance compensation benefits become payable under the      Participant’s Change in Control Agreement. The form of payment shall be in      accordance with the Participant’s election as provided for under Section      9.4 with regard to the Participant’s Grandfathered Benefit and Article IV      with regard to the amount by which the Participant’s Minimum Retirement      Benefit exceeds the Participant’s Grandfathered  Benefit. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | Form of      Payment.  Except as provided in Section 9.4(b) with      regard to payment in the form of a lump sum, payment of the Grandfathered      Retirement Benefits under this Plan shall be made in the same form as the      benefit paid to, or on behalf of, the Participant under the Basic      Plan.  If a Participant or Beneficiary elects an optional form      of payment under the Basic Plan, the same form of payment shall      automatically apply to the Participant’s Grandfathered Retirement Benefit      including the actuarial equivalent adjustment factors prescribed under the      Basic Plan. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (b) | Lump-Sum      Payment.  In order to receive the Grandfathered      Retirement Benefit in the form of a lump-sum payment as provided for under      Section 5.06 of the Basic Plan, that election must be made at least two      years prior to the date when the Participant will begin receiving benefits      under the Basic Plan.  Failure to make the election prior to      such two-year period will limit the form of payment of the Grandfathered      Retirement Benefit to the options provided in Sections 5.03, 5.04, 5.05      and 5.07 of the Basic Plan.  While an election to receive the      retirement benefit provided under the Basic Plan in the form of a lump sum      may be changed during the two-year period preceding the payment date, once      made the lump-sum election shall become irrevocable with regard to the      Grandfathered Retirement Benefit during such two-year    period. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Time for Payment of      Benefits.  Subject to the change in control provisions of      Section 9.3, a Grandfathered Participant shall be eligible for benefits      under this Plan if and when such individual begins receiving benefits      under the Basic Plan.  Grandfathered Retirement Benefits shall      commence on the same date on which the Participant commences benefits      under the Basic Plan.  In the event that a Grandfathered      Participant commences receiving benefits under this Section 9.3 and is      subsequently reemployed by the Employer or an Affiliated Employer, payment      of the Grandfathered Retirement Benefits shall be suspended and shall not      resume until the benefits payable to the Participant under the Basic Plan      are resumed. Grandfathered Retirement Benefits under this Section 9.3      shall always be suspended and resumed when benefits under the Basic Plan      are suspended and resumed. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Pension Committee      Discretion.  The Board may, at its discretion, instruct      the Pension Committee to pay the Actuarial Equivalent of a Grandfathered      Participant’s Grandfathered Retirement Benefit in a single lump sum at      such earlier date as it determines. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.1 | Payments to Minors and      Incompetents.  If any Participant entitled to receive any      benefits hereunder is a minor or is deemed by the Pension Committee or is      adjudged to be legally incapable of giving valid receipt and discharge for      such benefits, they will be paid to such person or institution as the      Pension Committee may designate or to the duly appointed guardian. Such      payment shall, to the extent made, be deemed a complete discharge of any      such payment under the Plan. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 10.2 | No      Contract.  This Plan shall not be deemed a contract of      employment with any Participant, nor shall any provision hereof affect the      right of the Employer or any Affiliated Employer to terminate a      Participant’s employment. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.3 | Use of Masculine and      Feminine; Singular and Plural.  Wherever used in this      Plan, the masculine gender will include the feminine gender and the      singular will include the plural, unless the context indicates      otherwise. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.4 | Non-Alienation of      Benefits.  No amount payable to, or held under the Plan      for the account of, any Participant shall be subject in any manner to      anticipation, alienation, sale, transfer, assignment, pledge, encumbrance,      or charge, and any attempt to so anticipate, alienate, sell, transfer,      assign, pledge, encumber, or charge the same shall be void; nor shall any      amount payable to, or held under the Plan for the account of, any      Participant be in any manner liable for such Participant’s debts,      contracts, liabilities, engagements, or torts, or be subject to any legal      process to levy upon or attach. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.5 | Income Tax      Withholding.  The Participating Employer may withhold      from any payments hereunder such amount as it may be required to withhold      under applicable Federal, state, or other law, and transmit such withheld      amounts to the appropriate taxingauthority. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.6 | Governing      Law.  The provisions of the Plan shall be interpreted,      construed, and administered in accordance with the Code, the Employee      Retirement Income Security Act of  1974, and the laws of the      State of Vermont, to the extent each such law is    applicable. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.7 | Captions.  The      captions contained in the Plan are inserted only as a matter of      convenience and for reference and in no way define, limit, enlarge, or      describe the scope or intent of the Plan nor in any way affect the      construction of any provision of thePlan. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.8 | Severability.  If      any provision of the Plan is held invalid or unenforceable, its invalidity      or unenforceability will not affect any other provision of the Plan, and      the Plan will be construed and enforced as if such provision had not been      included. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                                                                                                                                                                                                                                                   | CENTRAL      VERMONT PUBLICSERVICE      CORPORATION                                                                                                                                   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By:                                                                                                                                                                                                                                                    | /s/ Robert H.      Young                            |
|  Title:                                                                                                                                                                                                                                           |  President & Chief      Executive Officer                                                                                                                                         |
|  Attest:                                                                                                                                                                                                                                     |                                                                                                                                                                                       |
| By:    /s/ Dale A.      Rocheleau                        Dale      A. Rocheleau (Corporate      Seal) |                                                                                                                                                                                       |

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| Name                      | Percentage of Earnings      at Retirement* |
|---------------------------|--------------------------------------------|
| William      Deehan  | 33%                                        |
| Joseph      Kraus    | 33%                                        |
| Robert      Young         | 44%                                        |

|   | * | Earnings      is defined as base salary paid during the Grandfathered Participant’s      final year of employment, without regard to the compensation limitations      of Code Section 401(a)(17) and regulations  thereunder. |
|--------|---|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| II. | A      Grandfathered Participant shall be entitled to the minimum benefit under      this Appendix A upon his/her retirement from active employment with the      Employer or Affiliated Employer on or after attainment of age      65. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | III. | (a) | A      Grandfathered Participant may retire from active employment with the      Employer or Affiliated at any time between his/her attainment of age 55      and 65, provided he has completed at least 10 years of service, as defined      under the terms of the Basic Plan for vesting  purposes. |
|--------|------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  |   | (b) | A      Grandfathered Participant who has satisfied the requirements for early      retirement set forth in Paragraph III(a), shall be entitled to commence      receipt of his/her benefit as of any date on or after his/her attainment      of age 60. The Grandfathered Participant’s retirement benefit shall be      subject to a reduction of 5/12 of 1% for each full month by which payment      of his/her benefit precedes his/her 65th  birthday. |
|--|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| IV. | In      the event that a Grandfathered Participant terminates employment or dies      prior to becoming eligible for retirement, as set forth in Paragraph II or      III(a) above, no benefits shall be payable under this Appendix      A. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| V. | In      the event that a Grandfathered Participant dies on or after becoming      eligible for retirement as set forth in Paragraph II or III(a) above, the      benefit under this Appendix A shall be payable to the Participant’s      designated Beneficiary. In addition, the Participant’s Beneficiary shall      be entitled to a death benefit of $166,667, payable in a single lump      sum. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| VI. | Benefits      under this Appendix A shall be payable on a monthly basis, in the form of      a 180-month guaranteed annuity. If the Grandfathered Participant dies      before payment of the guaranteed 180 monthly installments, payment of any      remaining installments shall be made to his/her designated Beneficiary. If      the designated Beneficiary dies before the guaranteed total of 180 monthly      payments are made, any remaining payments shall be paid to the      Beneficiary’s estate. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | VII. |
|--------|------|

| Grandfathered      Participants | Grandfather      Benefit* |
|---------------------------------|---------------------------|
| William      Deehan        | $51,700                   |
| Joseph      Kraus          | $64,300                   |
| Robert      Young               | $164,700                  |

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| 1986 Deferred      Compensation Plan  |
|--------------------------------------------|
|                                       |   | Payment Period      (1) |
| Name                                       | Annual      Benefit | First | Final |
| Jonathan      Booraem                 | $12,814.47 | 12/1/98 | 11/1/13 |
| Jacquel-Anne      Chouinard           | $18,145.00 | 9/1/04 | 8/1/19 |
| Thomas      Hurcomb                   | $18,979.68 | 3/1/98 | 2/1/13 |
| Donald      Rushford                  | $28,434.96 | 1/1/94 | 12/1/08 |
| Thomas      Webb                           | $42,620.00 | 1/1/96 | 12/1/10 |

| (1) | Benefits      are payable in monthly installments in the form of a 15-year certain      annuity. |
|-----|--------------------------------------------------------------------------------------------------|

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| 1990 Deferred      Compensation Plan  |
|--------------------------------------------|
|                                       |   | Payment Period      (1) |
| Name                                       | Annual      Benefit | First | Final |
| Thomas      Hurcomb                   | $5,308.20 | 3/1/98 | 2/1/13 |
| Donald      Rushford                  | $8,218.68* | 9/1/97 | 9/1/10 |

| (1) | Benefits      are payable in monthly installments in the form of a 15-year certain      annuity. |
|-----|--------------------------------------------------------------------------------------------------|

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| Pension Restoration      under Deferred Compensation Plans  |
|------------------------------------------------------------------|
|  Name                                                       |  Annual      Benefit | Date of First Payment | Form      of Payment (1) |
| Edwin      Calcagni (2)                                     | $3,690.00 | 3/1/90 | Life      Annuity |
| Clifford      Giffin                                        | $3,067.44 | 1/1/91 | Contingent      annuity (50%)  |
| James      Griffin                                          | $4,685.16 | 10/1/86 | Life      Annuity  |
| Thomas      Hurcomb                                         | $753.72 | 3/1/98 | Contingent      annuity (100%)  |
| Olga      Laird                                             | $1,990.92 | 3/1/88 | Life      Annuity |
| Darrow      McLeod                                          | $4,263.12 | 1/1/90 | Contingent      annuity (100%)  |
| Donald      Rushford                                             | $3,510.60 | 1/1/94 | Contingent      annuity (50%) |

| (2) | Mr.      Calcagni died in 1995. The remaining benefit is payable to his spouse for      the remainder of her life. |
|-----|--------------------------------------------------------------------------------------------------------------------|

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| Officer’s Supplemental      Retirement Plan  |
|---------------------------------------------------------|
|                                                    |   | Payment Period      (2) |
| Name                                                    | Annual Benefit      (1) | First | Final |
| Jonathan      Booraem                              | $24,098.40 | 2/1/98 | 11/1/13 |
| Jacquel-Anne      Chouinard                        | $23,385.00      (3) | 9/1/04 | 8/1/19 |
| James      Griffin                                 | $34,755.00      (4) | 10/1/86 | LIFE |
| Thomas      Hurcomb                                | $30,730.44 | 3/1/98 | 2/1/13 |
| Donald      Rushford                               | $34,785.00 | 1/1/94 | 12/1/08 |
| Thomas      Webb                                        | 120,595.00 | 1/1/96 | 12/1/10 |

| (1) | In      addition, upon the death of the Participant, the Participant’s Beneficiary      shall be entitled to a death benefit of $100,000, payable in a single sum      grossed up for taxes. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Except      as noted for Mr. Griffin, benefits are payable in monthly installments in      the form of a 15-year certainannuity. |
|-----|----------------------------------------------------------------------------------------------------------------------------------|

| (3) | This      is the deferred benefit available at age 65. Reduced benefits are      available as early as age 60. The applicable reduction is 5/12 of 1% for      each full month by which payment of the benefit precedes age      65. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Payable      as a life annuity. |
|-----|---------------------------------|

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