# EXHIBIT 10(j)

# THE KNAPE & VOGTMANUFACTURING COMPANY

# SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

VARNUM, RIDDERING, SCHMIDT &
HOWLETTLLPBridgewater Place 333 Bridge Street, N.W. Grand Rapids, Michigan
49504(616) 336-6000

---



# TABLE OF CONTENTS

|                                                 |                                                            
|------------------------------------------------ | -----------------------------------------------------------
|                                                 |                                                            
|ARTICLE I -- PURPOSE                             | 1                                                          
|                                                 |                                                            
|ARTICLE II -- DEFINITIONS AND CONSTRUCTION       | 1                                                          
|2.1                                              | Definitions                                                
|2.2                                              | Construction                                               
|                                                 |                                                            
|ARTICLE III -- PARTICIPATION AND SERVICE         | 3                                                          
|3.1                                              | Participation                                              
|3.2                                              | Service                                                    
|                                                 |                                                            
|ARTICLE IV -- CONTRIBUTIONS                      | 3                                                          
|4.1                                              | Company Contributions                                      
|4.2                                              | Retirement Savings Agreements                              
|4.3                                              | Rules Relating to Reemployed Veterans                      
|                                                 |                                                            
|ARTICLE V -- ALLOCATIONS TO PARTICIPANT ACCOUNTS | 4                                                          
|5.1                                              | Individual Accounts                                        
|5.2                                              | Account Adjustments                                        
|                                                 |                                                            
|ARTICLE VI -- BENEFITS                           | 5                                                          
|6.1                                              | Retirement or Disability                                   
|6.2                                              | Death                                                      
|6.3                                              | Termination for Other Reasons                              
|6.4                                              | Payment of Benefits                                        
|6.5                                              | Hardship Withdrawals                                       
|6.6                                              | Withdrawals Pursuant to Qualified Domestic Relations Orders
|6.7                                              | Designation of Beneficiary                                 
|                                                 |                                                            
|ARTICLE VII -- DEFERRED COMPENSATION FUND        | 7                                                          
|                                                 |                                                            
|ARTICLE VIII -- ADMINISTRATION                   | 7                                                          
|8.1                                              | Administrator                                              
|8.2                                              | Indemnification                                            
|8.3                                              | Records and Reports                                        
|8.4                                              | Appointment of Committee                                   
|8.5                                              | Claims Procedure                                           
|8.6                                              | Rules and Decisions                                        
|8.7                                              | Committee Procedures                                       
|8.8                                              | Authorization of Benefit Payments                          
|8.9                                              | Application and Forms for Benefits                         
|8.10                                             | Facility of Payment                                        

---



|                                                                       |                                         |   
|---------------------------------------------------------------------- | --------------------------------------- | --
|ARTICLE IX -- INDIVIDUAL INVESTMENT ACCOUNTS                           | 9                                      
|9.1                                                                    | Investment of Individual Accounts       | 9 
|9.2                                                                    | Procedure for Investments               | 9 
|                                                                       |                                         |   
|ARTICLE X -- PAYMENT OF TAXES                                          | 9                                      
|                                                                       |                                         |   
|ARTICLE XI -- TERMINATION AND AMENDMENT                                | 10                                     
|11.1                                                                   | Amendments                              | 10
|11.2                                                                   | Termination                             | 10
|                                                                       |                                         |   
|ARTICLE XII -- NONALIENATION OF BENEFITS AND DOMESTIC RELATIONS ORDERS | 10                                     
|12.1                                                                   | Nonalienation of Benefits               | 10
|12.2                                                                   | Procedure for Domestic Relations Orders | 10
|                                                                       |                                         |   
|ARTICLE XIII -- MISCELLANEOUS                                          | 11                                     
|13.1                                                                   | Status of Participants                  | 11
|13.2                                                                   | No Interest in Company Affairs          | 11
|13.3                                                                   | Litigation                              | 11
|13.4                                                                   | Governing Law                           | 11
|13.5                                                                   | Severability of Provisions              | 11

---



# THE KNAPE & VOGTMANUFACTURING
COMPANY SUPPLEMENTAL EXECUTIVE
RETIREMENT PLAN

This Supplemental Executive
Retirement Plan (the Plan) is adopted by Knape & Vogt Manufacturing
Company, a Michigan corporation (the Company).

# ARTICLE IPURPOSE

The Company is adopting the Plan
effective as of July 1, 2004 to provide an additional retirement program for certain of
its management and other highly compensated employees. This Plan is intended to be a
top hat plan that will be exempt from the requirements of Parts 2, 3 and 4 of
Subtitle B of Title I of ERISA, and is not intended to satisfy the requirements of Section
401(a) of the Code.

# ARTICLE IIDEFINITIONS AND
CONSTRUCTION

|2.1 | Definitions.The
following words and phrases, when used in this Agreement, will have the
          following meanings:
|--- | ---------------------------------------------------------------------------------------------------------------------

| | (a) | Authorized
leave of absence: Any absence authorized by the Company under                     its
standard personnel policies from which the employee returns to active
                    employment with the Company within the period authorized for the
leave. An                     absence due to service in the armed forces of the United
States will be                     considered an authorized leave of absence provided
that the employee qualifies                     for reemployment rights under federal law
(38 USC 4301 et seq., or other                     statute of similar import) and
returns to employment with the Company within the                     period provided by
law. If employees fail to return to active employment from                     any
approved leave of absence within the time authorized for the leave, they
                    will not be credited with any service for the period of the leave.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | Beneficiary:
A person or persons, natural or otherwise, designated in                     accordance
with the Plan to receive any death benefit payable under this Plan.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | Code:
 The Internal Revenue Code of 1986, as amended from time to time.
| | --- | -----------------------------------------------------------------------

| | (d) | Committee:
 The persons appointed to assist the Company in administering the Plan.
| | --- | ----------------------------------------------------------------------------------

| | (e) | Company:
 Knape & Vogt Manufacturing Company, a Michigan corporation.
| | --- | ---------------------------------------------------------------------

| | (f) | Compensation: The total of all amounts paid to a participant during the
                    plan year by the Company for personal services, as reported in box 1
of IRS Form                     W-2, adjusted by:
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (1) | Adding the amount of any elective contributions made for the
participant to                     this Plan or plans maintained pursuant to Code
Sections 125 or 401(k) for the                     plan year; and
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2) | Subtracting
the following:
| | --- | --------------------------

| | (A) | Amounts
paid before the participant became a participant; and
| | --- | -------------------------------------------------------------

---



| | (B) | Amounts
paid as bonuses, reimbursements, or other expense allowances, cash and           non-cash
fringe benefits, moving expenses, deferred compensation payments, and           welfare
benefits.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (g) | Disability:
A physical or mental condition that will prevent a                     participant from
engaging in any substantial gainful activity for a period of 12
                    months or more. A participant will not be considered disabled for
purposes of                     this Plan if the condition consists of or results from
use of alcohol,                     narcotics, or other controlled substances, or from a
felonious enterprise in                     which the participant was engaged.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (h) | Employee:
Any person who is employed by the Company during the plan year                     as a
common-law employee, or who is on temporary layoff status or an authorized
                    leave of absence from a position as a common-law employee.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (i) | Employer
contribution accounts: The accounts maintained to record a
                    participants share of the discretionary contributions made by
the Company                     and the contributions made pursuant to retirement savings
agreements between the                     participant and the Company. The following
accounts will be maintained for each                     participant:
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (1) | Company
contribution account. A participants Company contribution
                    account will be maintained to record the participants share of
                    discretionary contributions and income with respect to these
contributions.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2) | Retirement
savings account. A participants retirement savings                     account
will be maintained to record the participants retirement savings
                    contributions and income with respect to these contributions.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (j) | ERISA:
Public Law No. 93-406, the Employee Retirement Income Security Act           of 1974, as
amended.
| | --- | --------------------------------------------------------------------------------------------------------

| | (k) | Forfeiture:
The portion of a participants employer contribution                     account
that is forfeited because of termination of employment before full
                    vesting.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (l) | Normal
retirement age: Age 62, or age 57 and 10 years of service.
| | --- | -----------------------------------------------------------------

| | (m) | Participant:
An employee participating in the Plan in accordance with                     the
provisions of Section 3.1 or a former employee who has an account balance in
                    the Plan or is eligible for a contribution for the plan year.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (n) | Plan:
The Knape & Vogt Manufacturing Company Supplemental Executive
                    Retirement Plan as set forth in this document and any later
amendments.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (o) | Plan
year: The fiscal year and Section 415 limitation
                    year of the Plan which will be the period of 12 consecutive
months ending                     on June 30 of every year.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (p) | Quarterly
accounting period: The three month accounting period ending on
                    the last day of the plan year and the last day of every third month
of the plan                     year.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (q) | Reemployed
veteran: An employee who returns to employment as an eligible
                    employee from a leave of absence for military service during the
period in which                     reemployment rights are protected by federal law.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (r) | Retirement
savings contributions: Contributions made on behalf of a
                    participant pursuant to an agreement between the Company and the
participant.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (s) | Service:
The period of a participants employment with the Company
                    computed in accordance with Section 3.2.
| | --- | -------------------------------------------------------------------------------------------------------------------------------

| | (t) | Severance
of service. The date determined in accordance with Section 3.2                     on
which a former employee is deemed to have severed employment with the Company
                    for the purposes of this Plan.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

2

---



|2.2 | Construction.
Plural pronouns are used throughout the Plan for purposes of simplicity and will be
interpreted to include the singular.
|--- | --------------------------------------------------------------------------------------------------------------------------------------

# ARTICLE III PARTICIPATION AND
SERVICE

|3.1 | Participation.
Participation in the Plan will be limited to a select group of management or highly
compensated employees. The employees who are eligible to participate initially are the
following officers:
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Chief Executive OfficerPresident
of Operations Vice President of
Finance Vice President of Business
Products Vice President of Home
and Commercial Products

The Board of Directors of the Company
may designate other management or highly compensated employees to be eligible to
participate in the Plan. If a participant ceases to be one of the officers designated
above or is otherwise removed from the list of eligible participants by the Company, that
employee will not be eligible to participate in the Plan any further, but the
employees account will be maintained until distributed in accordance with Article
VI.

|3.2 | Service.
Eligibility for benefits is based on the participants period of service. A
participant will be credited with a year of service for each full year beginning on the
participants employment commencement date and terminating on the date of the
participants severance of service with the Company. A participants severance
of service will occur on the earlier of the following:
|--- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (a) | The
date on which the participant quit, was discharged, died, or retired; or
| | --- | ----------------------------------------------------------------------------

| | (b) | The
first anniversary of the date on which the participant was absent from
                    employment (with or without pay) for any reason except an authorized
leave of                     absence granted by the Company in writing, or for service in
the Armed Forces of                     the United States.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

If a participant returns to work at
any time within one year after the first day of an absence from employment, the absence
will not result in a severance of service and the period of the absence will be counted in
determining the participants period of service. Reemployed veterans will be credited
with service for the period of military service.

# ARTICLE IV CONTRIBUTIONS

|4.1 | Contributions
and Credits.
|--- | --------------------------

| | (a) | Retirement
Savings Contributions. After the end of each month or more
                    frequently as determined by the Company, the Company will credit to
the Plan as                     retirement savings contributions the total amount of the
participants                    retirement savings contributions for the month.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | Discretionary
Contribution Credits. After the end of each plan year, the
                    Company will credit to the Plan such additional amount as may be
determined by                     the Company as a discretionary contribution for the
year. The Company intends to                     give discretionary contribution credits
in the amount required to allocate to                     each participant an amount
equal to the percentage of compensation the Company                     contributes to
its profit sharing plan for eligible participants plus any amount
                    required to be credited to the accounts of reemployed veterans.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.2 | Retirement
Savings Agreements. A participant may enter into a written retirement savings
agreement with the Company. The agreement will provide that the participant will accept a
reduction in salary or bonuses from the Company and the Company will make retirement
savings contributions in the amount of the agreed reduction.
|--- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

3

---



The retirement savings agreements
will be administered in accordance with the following rules:

| | (a) | A
participants initial retirement savings agreement will apply to payroll
                    periods beginning after it is accepted by the Company if the
agreement is filed                     with the Company within 30 days after the
participant becomes eligible. If the                     initial agreement is not filed
with the Company within 30 days after initial                     eligibility, then it
will apply to compensation earned in the calendar year                     after the
calendar year in which the agreement is filed with the Company;
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | A
retirement savings agreement may be amended by a participant once a year and
                    the amendment will be effective on the first day of the next calendar
year                     beginning after the year in which the amendment has been filed
with the Company;                     and
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | The
maximum amount a participant may defer pursuant to a retirement savings
                    agreement will be $25,000 per year.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------

|4.3 | Rules
Relating to Reemployed Veterans. Reemployed veterans will be credited with service in
accordance with Section 3.2 and entitled to an allocation of Company contributions in
accordance with Section 5.2. They may elect to make retirement savings contributions for
plan years during the period of military service (makeup contributions). The
amount of the discretionary and makeup contributions will be based on the compensation
the reemployed veterans would have received if they had remained in the employ of the
Company and, if this cannot be determined with reasonable certainty, then on the basis of
the average amount earned each month during the 12-month period immediately preceding the
period of military service.
|--- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

# ARTICLE V ALLOCATIONS TO
PARTICIPANT ACCOUNTS

|5.1 | Individual
Accounts. The Company will create and maintain adequate records to disclose the
interest in the plan of each participant and beneficiary. The records will be in the form
of individual accounts to reflect each participants retirement savings
contributions, share of discretionary contributions, and income with respect to these
contributions. The Company will maintain Company contribution and retirement savings
accounts for each participant, and such other accounts as may be required. Credits and
charges will be made to each account in accordance with the provisions of this Plan.
Distributions and withdrawals will be charged to an account as of the date paid.
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|5.2 | Account
Adjustments.  The accounts of participants and beneficiaries will be adjusted in
accordance with the following:
|--- | -----------------------------------------------------------------------------------------------------------------------

| | (a) | Income.
The income of the trust will be determined and           credited as follows:
| | --- | ---------------------------------------------------------------------------------------

| | (1) | Company
Contribution Accounts. These accounts are bookkeeping
                    accounts only and income will be credited to these accounts as
of the end                     of each quarterly accounting period in an amount equal to
the rate of return                     earned on investments in the Companys profit
sharing trust for the                     accounting period. Income will be credited to
accounts of participants and                     beneficiaries who had balances in their
accounts at the end of the accounting                     period in proportion to the
balances in the accounts at the beginning of the                     accounting period,
minus any distributions from the account during the                     accounting
period.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2) | Retirement
Savings Accounts The income of the retirement                     savings
accounts means the net income or loss from the investments of these
                    accounts (actual or hypothetical), including realized and unrealized
gains and                     losses, less expenses incurred with respect to the
investments. Assets will be                     valued at the fair market value in
determining unrealized gains and losses. The                     income on these accounts
will be determined and credited to the accounts as of                     the end of
every month, or more frequently as determined by the Company.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | Retirement
Savings Contributions. After the end of each month, or more
                    frequently as determined by the Company, retirement savings
contributions will                     be credited to the accounts of participants in
amounts equal to the amounts by                     which their salaries and bonuses were
reduced during the month pursuant to                     retirement savings agreements
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

4

---



| | (c) | Discretionary
Contribution Credits.
| | --- | -----------------------------------

| | (1) | Eligibility.
As of the end of each plan year, the Companys                     discretionary
contribution credits will be credited to the Company contribution
                    accounts of eligible participants in the following order of priority:
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (A) | First,
to the accounts of reemployed veterans; and
| | --- | --------------------------------------------------

| | (B) | Second,
to the accounts of participants who were in the employ of the Company on
               the last day of the plan year or whose employment terminated during the
plan                year after reaching normal retirement age, or because of death or
disability.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2) | Military
Service Allocations. Military service allocations will be
                    credited to accounts in the amount equal to the Company discretionary
credits                     that would have been credited to the account of the
reemployed veteran if the                     veteran had been employed by the Company
during the period of military service.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3) | Allocation
of Remaining Credits. The balance of the discretionary
                    contribution credits after the allocations under (2) will be
allocated to the                     accounts of participants eligible under (c)(1)(B) in
accordance with the ratio                     of each participants compensation for
the year to the total compensation                     of all eligible participants for
the year.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

# ARTICLE VI PAYMENTS FROM PLAN

|6.1 | Retirement
or Disability. Participants who are in the employ of the Company when they attain
normal retirement age will become fully vested in their accounts, regardless of years of
service. Participants whose employment with the Company terminates at or after normal
retirement age, or at an earlier age because of disability, will be entitled to receive
the entire amount in their accounts. Participants who remain in the employ of the Company
after normal retirement age will continue to participate in the Plan.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|6.2 | Death.
If a participant dies while in the employ of the Company, the entire amount in the
participants accounts will be paid to the participants beneficiary. If a
participant dies after termination of employment, the vested amount in the participants
accounts will be paid to the participants beneficiary.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|6.3 | Termination
for Other Reasons.
|--- | ------------------------------

| | (a) | Benefits.
If employment terminates prior to normal retirement age for                     reasons
other than disability or death, the participant will be entitled to
                    receive, in accordance with Section 6.4, the sum of:
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (1) | The
amounts credited to the participants retirement savings, plus
| | --- | ------------------------------------------------------------------

| | (2) | An
amount equal to the vested percentage of the participants
                    Company contribution account; provided, however, that if the
participant or an                     alternate payee has received any prior distribution
from this account , the                     vested portion will be determined by
multiplying the vested percentage of the                     account by the sum of the
account balance plus the amount previously                     distributed, and then
subtracting the amount of the previous distribution from                     that
product. The participants vested percentage will be determined on the
                    basis of years of service and the following schedule:
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|YEARS OF SERVICE        | VESTED PERCENTAGE
|----------------------- | -----------------
|Less than two (2) years | 0%               
|Two (2) years           | 10%              
|Three (3) years         | 20%              
|Four (4) years          | 40%              
|Five (5) years          | 60%              
|Six (6) years           | 80%              
|Seven (7) or more       | 100%             

5

---



| | Notwithstanding
the foregoing, in the event of a change in control of the Company, as defined
in the Knape & Vogt Manufacturing Profit Sharing Plan, participants will be fully
vested in their accounts regardless of years of service.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | Forfeitures.
When a participant incurs a severance of service, the                     non-vested
portion of the participants account will be forfeited.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------

|6.4 | Payment
of Benefits.
|--- | --------------------

| | (a) | Commencement
Date. Benefit payments will begin as soon as                     administratively
practical after the end of the calendar year in which the                     participants
employment terminates or six months after the                     participants
employment terminates, whichever date is later. If                     participants
employment terminates because of death, however, benefit                     payments
will begin as soon as administratively practical after the end of the
                    calendar year in which the participant died.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | Form
of Payment. Payments will be made in the annual installments over a
                    period of not more than three (3) years and each installment will be
equal to                     the greater of the following:
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (1) | $100,000
or the vested balance in the participants accounts, whichever
                    amount is smaller; or
| | --- | -----------------------------------------------------------------------------------------------------------------

| | (2) | One-third
(1/3) of the vested amount in the participants accounts in the
                    first installment, one-half (1/2) of the vested amount in the
participants                     accounts in the second installment, and the
remaining vested balance in the                     accounts in the final installment.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

The first installment will be paid in
accordance with (a) and each subsequent installment will be paid on the 15th day of
January of the following year.

|6.5 | Hardship
Withdrawals. The Company may permit a participant to withdraw from the participants
accounts if the Company determines that a withdrawal is necessary to enable the
participant to meet immediate and heavy financial needs resulting from unforeseeable
circumstances arising as a result of events beyond the control of the participant, and
the amount necessary to meet the need is not reasonably available to the participant from
other sources. The Company will determine the existence of heavy and immediate financial
need after reviewing all relevant facts and circumstances.
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

The amount of any hardship withdrawal
may not exceed the lesser of the amount required to correct the hardship or the vested
amount in the participants accounts.

|6.6 | Withdrawals
Pursuant to Qualified Domestic Relations Orders. Benefits payable to an alternate
payee pursuant to a qualified domestic relations order will be paid to the alternate
payee as soon as possible after application for withdrawal has been made by the alternate
payee.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|6.7 | Designation
of Beneficiary. If a participant dies before receipt of the participants entire
account balances, death benefits will be paid to the participants beneficiary. A
participant may designate a beneficiary or beneficiaries; provided, however, that if the
participant has been married to the surviving spouse for a period of one year at the time
of the participants death, the beneficiary will be the surviving spouse unless the
participant, with the consent of the spouse, has designated another person to be the
beneficiary.
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

If the consent of the spouse is
required, the consent must be in writing and must acknowledge that the spouse understands
the effect of giving the consent. The consent form must be executed in the presence of a
representative of the Company or witnessed by a notary public.

Each beneficiary designation will be
on a form prescribed by the Company and will be effective only when filed with the Company
during the participants lifetime. Each beneficiary designation filed with the
Company will cancel all beneficiary designations previously filed. If any participant
fails to designate a beneficiary, or if the beneficiary dies before the participant, the
Trustee will distribute the benefits to the participants spouse if surviving and if
not to the participants estate.

6

---



# ARTICLE VII DEFERRED COMPENSATION
FUND

The Company may establish a deferred
compensation fund for the amounts to be credited under this Plan. The Company will be the
owner of the fund and may invest the assets of the fund with the other assets of the
Company, or may invest the assets in a separate account or accounts.

The Company may establish a trust for
the retirement savings accounts, but the assets of the trust will remain subject to the
claims of the creditors of the Company.

# ARTICLE VIII ADMINISTRATION

|8.1 | Administrator.
 The Company will be the plan administrator for this Plan and will be responsible for the
proper administration of this Plan.
|--- | --------------------------------------------------------------------------------------------------------------------------------------------

|8.2 | Indemnification.
The Company will indemnify the members of the committee and any other employees of the
Company who are deemed fiduciaries, and hold them harmless, against any and all
liabilities, including legal fees and expenses, arising out of any act or omission made
or suffered in good faith pursuant to the provisions of the Plan, or arising out of any
failure to discharge any fiduciary obligation other than a willful failure to discharge
an obligation of which the person was aware.
|--- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|8.3 | Records
and Reports. The Company will comply with ERISA with regard to records of participants
service, account balances, notifications to participants, and annual reports to the
Internal Revenue Service.
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|8.4 | Appointment
of Committee. The Company may appoint a committee to assist in the administration of
the Plan. The committee will consist of as many persons as may be appointed by the
Company and will serve at the pleasure of the Company. All usual and reasonable expenses
of the committee will be paid by the Company. If a committee is not appointed, all duties
assigned to the committee in this Plan will be performed by the Company.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|8.5 | Claims
Procedure.
|--- | -----------------

| | (a) | Application
and Forms for Benefits. The Company may require a                     participant or
beneficiary, or a duly authorized representative of either, to
                    complete and file an application for a benefit and all other forms
approved by                     the Company, and to furnish all pertinent information
requested by the Company.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | Claims
Procedure for Benefits not Involving Disability Determinations.
                    The Company will make all determinations regarding benefits based on
its                     interpretation of the terms of the Plan. The Company will notify
the participant                     or beneficiary (claimant) in writing if
any claim for benefits is                     denied. The notice of the adverse benefit
determination will be sent to the                     claimant within 90 days after
receipt of the claim for benefits unless the                     Company determines that
special circumstances require an extension of time of up                     to 90 days
for processing the claim. If additional time is needed, the Company
                    will notify the claimant of the special circumstances requiring the
extension of                     time and the date by which the determination will be
made. The notice will                     explain the reasons for the adverse
determination in language that may be                     understood by the claimant and
will reference the Plan provisions upon which the                     determination is
based. The notice will include a description of any additional
                    material or information necessary for the claimant to perfect the
claim and an                     explanation of why the material or information is
necessary. The notice will                     describe the Plans appeal procedures
and the time limits of the appeal                     procedures and will include a
statement of the claimants right to bring a                     civil action under
ERISA Section 502(a) following an adverse benefit                     determination on
the appeal.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

7

---



| | The
appeal procedure will be as follows:
| | ----------------------------------------

| | (1) | If
claimants are not satisfied with a decision of the Company, they must
                    exhaust their administrative remedies under this Plan by filing a
written appeal                     with the committee not later than 60 days after
receipt of the notice of adverse                     benefit determination.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (2) | Claimants
or their authorized representatives will be provided upon request and
                    free of charge, reasonable access to and copies of all documents,
records and                     other information relating to the claim for benefits.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3) | Claimants
or their authorized representatives may submit written comments,
                    documents, records and other information relating to their claim in
writing. All                     materials and arguments must be filed with the appeal.
The committee will take                     into account all comments, documents,
records, and other information submitted                     by the claimant relating to
the claim, without regard to whether such                     information was submitted
or considered in the initial benefit determination.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4) | The
committee will render its decision on the appeal within a reasonable period
                    of time, but not more than 60 days after receipt by the Company of
the                     claimants appeal, unless the committee determines that
special                     circumstances require an extension of time for processing. If
an extension of                     time for review is required because of special
circumstances, the committee will                     give written notice to the claimant
of the extension prior to the commencement                     of the extension that will
state the circumstances requiring the extension and                     the date by which
the determination will be made. An extension of time for                     review will
not entitle the claimant to a hearing before the committee as to the
                    appeal. All appeal materials must be submitted in writing.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (5) | The
committee will advise the claimant in writing or electronically of the
                    decision on the appeal stating the reasons for the decision in
language that may                     be understood by the claimant with references to
the Plan provisions upon which                     the appeal determination is based. The
notice will contain a statement that the                     claimant is entitled to
receive upon request and free of charge, reasonable                     access to, and
copies of, all documents, records, and other information relevant                     to
the claimants claim for benefits and a statement of the claimants
                    right to bring an action under ERISA Section 502(a).
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | Claims
Procedure for Disability Benefit Determinations. The Company will
                    make determinations regarding disability benefits in the same manner
as other                     claims except that it will notify the claimant within 45
days after receipt of a                     claim for benefits, unless the Company
determines that an extension is required                     due to matters beyond its
control. The Company may take up to two (2) extensions                     of up to 30
days each by giving notice to the claimant before the expiration of
                    the response period. The notice of extension will explain the
standards for                     making the disability determination and the additional
information needed to                     make the determination. The claimant will have
45 days in which to provide the                     additional information. The 45 and
30-day periods in which the Company must make                     its determination are
tolled from the date the Company notifies the claimant of                     the need
for additional information until the date on which the claimant
                    responds to the request.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | The
appeal procedure for determinations regarding disability benefits will generally follow
the procedure for appeals in claims for benefits matters and the following rules will also
apply:
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (1) | The claimant must file the written appeal within 180 days after receipt of
               notice of the adverse disability determination.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------

| | (2) | The review on appeal will be conducted by a fiduciary of the plan who is not the
               individual making the initial review or a subordinate of that individual.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (3) | If the determination involves medical judgment, the committee will consult with
               a health care professional with appropriate training and experience in the field
               of medicine involved in the medical judgment.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (4) | The committee will identify the medical or vocational experts who rendered
               advice to the Company in connection with the initial adverse benefit
               determination without regard to whether the advice was relied upon.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

8

---



| | (5) | The
health care professional engaged for the appeal will not be the same
                    individual or a subordinate of the individual consulted in connection
with the                     initial adverse determination.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (6) | The
committee will respond in the same manner as with claims not involving
                    disability benefit determinations except that a period of 45 days
will apply                     instead of 60 days.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (d) | Legal
Actions. No action at law or in equity may be brought to recover
                    Plan benefits before the expiration of 60 days after the participant
or                     beneficiary has filed a claim in accordance with the requirements
of the Plan                     and exhausted the claims and appeal procedures described
above.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|8.6 | Rules
and Decisions. The committee may adopt such rules as it deems necessary, desirable or
appropriate. All rules and decisions of the committee will be uniformly applied to all
participants in similar circumstances. When making a determination or calculation, the
committee may rely upon its interpretation of the terms of the Plan and information
furnished by a participant or beneficiary, the Company, and the legal counsel of the
Company.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|8.7 | Committee
Procedures. The committee may act at a meeting or in writing without a meeting. The
committee may elect one of its members as chairman and appoint a secretary who need not
be a committee member. The secretary will keep a record of all meetings and forward all
necessary communications to the Company. The committee may adopt such bylaws and
regulations as it deems desirable for the conduct of its affairs. All decisions of the
committee will be made by the vote of the majority including actions in writing taken
without a meeting.
|--- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|8.8 | Authorization
of Benefit Payments. The committee will issue directions to the Company concerning
all benefits which are to be paid from the fund pursuant to the provisions of the Plan.
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|8.9 | Application
and Forms for Benefits. The committee may require a participant to complete and file
an application for a benefit and all other forms approved by the committee, and to
furnish all pertinent information requested by the committee. The committee may rely upon
all such information including the participants current mailing address.
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|8.10 | Facility
of Payment. Whenever, in the committees opinion, a person entitled to receive
any benefit is under a legal disability or is incapacitated in any way so as to be unable
to manage financial affairs, the committee may direct the payments to such person or to a
legal representative. If a person entitled to receive benefits is a minor and the value
of the benefit exceeds $5,000, the Committee may either delay payment of the benefit
until the minor has attained the age of majority or pay the benefit to a person who has
been named by a court of competent jurisdiction as conservator of the estate of the minor
or other court-appointed fiduciary. Any payment of a benefit in accordance with the
provisions of this Section will discharge all liability for the benefit under the
provisions of the Plan.
|---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

# ARTICLE IXINDIVIDUAL INVESTMENT
ACCOUNTS

|9.1 | Investment
of Individual Accounts. If the Company establishes individual investment accounts for
the fund, then each participant may direct the investment of the participants
account among the separate investment funds selected by the Company. If an account is
split between two or more of the investment funds, the participant must specify the
percentage of the account to be invested in each fund in accordance with the rules
established by the Company.
|--- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|9.2 | Procedure
for Investments. Each participant may establish or revise investment directions as
often as permitted by the Company and pursuant to the procedures established by the
Company.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

# ARTICLE X PAYMENT OF TAXES

The Company will be responsible for
payment of any taxes assessed on or with respect to the assets or income of the fund.

9

---



# ARTICLE XI TERMINATION AND
AMENDMENT

|11.1 | Amendments.  The
Company may at any time amend any or all of the provisions of this Plan except that no
amendment may reduce a participants account balance. The chief executive officer of
the Company may amend the Plan by executing a document that expressly provides that it is
an amendment to the Plan. Amendments may apply prospectively or retroactively as
permitted by law and the effective date of each amendment must be stated in the document.
|---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|11.2 | Termination.
The Plan may be terminated or discontinued at any time by the Company. If the Plan is
discontinued or terminated, then the Company will pay, or cause the trustees to pay if a
trust fund has been created, to each participant an amount equal to the participants
accounts in the Plan. These payments will be made within 45 days after the Plan has been
discontinued or terminated and participants will have a claim against the Company as
unsecured creditors for the amounts credited to their accounts.
|---- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

# ARTICLE XII NONALIENATION OF
BENEFITS AND DOMESTIC RELATIONS
ORDERS

|12.1 | Nonalienation
of Benefits. No interest, right, or claim in or to any part of the trust or any
benefit payable from the trust will be assignable, transferable, or subject to sale,
assignment, hypothecation, anticipation, garnishment, attachment, execution, or levy of
any kind other than by the creditors of the Company, and the plan administrator will not
recognize any attempt to so transfer, assign, sell, hypothecate, or anticipate the same
except to the extent required by law. This provision will not apply to any order that
would qualify as a qualified domestic relations order, as defined in Section
414(p), if this Plan were a qualified plan subject to the provisions of Code Section
401(a).
|---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|12.2 | Procedure
for Domestic Relations Orders. Whenever the Company is served with a domestic
relations order from a court of competent jurisdiction, the Company will follow the
following procedure in determining whether the order constitutes a qualified
domestic relations orderthat would be exempt from the general spendthrift
protection of this Article:
|---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (a) | The
Company will notify the participant and any alternate payees                    named
in the order that the order was served on the Company and that objections
                    concerning the order must be submitted in writing within 15 days;
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | The
Company will determine whether the order would be a qualified domestic relations
order as defined in Code Section 414(p) if this were a qualified plan, and notify
the participant and each alternate payee of its determination. If the Company determines
that the order would be a qualified domestic relations order, the Company will honor it
as such and make payment in accordance with the order;
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | During
the period in which the Company is determining the status of the order, payment of any
benefits in dispute will be deferred.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------

| | (d) | The
Company will notify the participant and all other alternate payees
                    named in the order of its decision concerning the qualified status of
the order.                     Payments pursuant to the order will be made as soon as
practicable after the                     status of the order has been determined.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

10

---



# ARTICLE XIII MISCELLANEOUS

|13.1 | Status
of Participants. No participant will have any right or claim to any benefits under
the Plan except in accordance with the provisions of the Plan. The adoption of the Plan
will not be construed as creating any contract of employment between the Company and any
participant or to otherwise confer upon any participant or other person any legal right
to continuation of employment, nor as limiting or qualifying the right of the Company to
discharge any participant without regard to any effect the discharge might have upon
rights under the Plan.
|---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|13.2 | No
Interest in Company Affairs. Nothing contained in this Plan will be construed as
giving any participant, employee or beneficiary an equity or other interest in the
assets, business, or affairs of the Company or the right to examine any of the books and
records of the Company.
|---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|13.3 | Litigation.
In any application to or proceeding or action in the courts, only the Company will be a
necessary party and no participant or other person having an interest will be entitled to
any notice or service of process. The Company may place a participants funds in the
hands of the court for its determination, which payment will absolve the Company from any
claim. Any judgment entered in such a proceeding or action will be conclusive upon all
persons claiming under this Plan.
|---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

If any participant or beneficiary
institutes any litigation in connection with this Plan, the result of which is adverse to
the participant or beneficiary instituting the action, the Company will deduct from the
benefits payable to the participant or beneficiary any expense including reasonable
attorney fees occasioned by the litigation. If any dispute arises as to the person or
persons to whom payment or delivery of any funds or property is to be made by the Company,
the Company may retain such funds or property until final adjudication has been made by a
court of competent jurisdiction.

|13.4 | Governing
Law. This Plan will be interpreted, construed, and enforced in accordance with the
laws of the State of Michigan except where state law is preempted by ERISA.
|---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|13.5 | Severability
of Provisions. If any provisions of the Plan will be declared void and unenforceable,
the other provisions will be severable and will not be affected thereby, and to the
extent that the trust or Plan will ever be in conflict with, or silent with respect to,
the requirements of any other law or regulation, the provisions of the law or regulation
will govern. In the administration of the trust, the Trustee may avail itself of any
permissive provisions of any applicable law or regulation, which are not contrary to the
provisions of this Plan.
|---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

IN
WITNESS WHEREOF, the parties have caused this Plan to be executed this 29th day of
June, 2005.

| |  | KNAPE & VOGT MANUFACTURING COMPANYBy:             Its Chief Executive Officer
| |  | -------------------------------------------------------------------------------------------

11