# EXHIBIT 10(e)

# COACHMEN INDUSTRIES,
INC.

# SUPPLEMENTAL DEFERRED
COMPENSATION PLAN

# (Amended and Restated
as of

# January 1, 2003)

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Coachmen
Industries, Inc. established the Coachmen Industries, Inc. Supplemental Deferred
Compensation Plan, effective January 1, 2001, for the benefit of a select group of
management and other highly compensated employees eligible to participate therein. The
Employer has amended from time to time and now completely restates the Plan, effective
January 1, 2003, in the form stated herein below.

# ARTICLE 1

# ESTABLISHMENT/PURPOSE

1.01 Purpose: This Plan is
intended to permit the Employer to establish an unfunded, non-qualified deferred
compensation plan for a select group of its management or highly compensated employees.
Accordingly, it is intended that this Plan be exempt from the provisions of Parts 2, 3 and
4 of Title I of ERISA.

1.02 Adoption of Plan: The
Employer, through the Committee, adopts this restatement of the Plan pursuant to a
directive of the Board.

# ARTICLE 2

# DEFINITIONS

When used in this Plan and its
Schedules, the following words shall have the meanings defined below, unless the context
clearly indicates otherwise:

2.01 Account: The bookkeeping
accounts maintained by the Service Provider on behalf of the Employer, with appropriate
sub-accounts, to reflect: (i) Salary Deferral Contributions, contributed to the Plan, as
may be elected by each Participant; (ii) Employer Contributions (whether Employer Matching
Contributions, Employer Basic Contributions or Employer Special Contributions), each as
adjusted for Deemed investment experience, transfers, withdrawals and distributions made
in accordance with this Plan.

2.02 Affiliate: Any entity
which is part of (i) a controlled group of corporations or businesses under common control
pursuant to Code §§414(b) or (c); (ii) an affiliated service group pursuant to
Code §414(m); or (iii) any other entity required to be aggregated with the Employer
for purposes of Code §414(o).

2.03 Beneficiary: Any person
who is designated by a Participant to receive payment of benefits under this Plan, to the
extent available, after the Participants death. The Participant may specify his
Beneficiaries on a form approved by the Committee, and may make such changes to his
Beneficiary designation at such times as may be allowed by the Committee. Notwithstanding
anything in this Plan to the contrary, if the Participant designates his spouse as a
Beneficiary of benefits payable hereunder, and the Participants marriage to that
spouse is later terminated (whether by divorce, annulment, dissolution,

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or otherwise), the Participants
designation of his spouse as a Beneficiary shall be null and void, and the portion of the
Participants benefits that would, but for this provision, be payable to the
Participants spouse will be payable as designated in the Participants
Beneficiary designation, as if the spouse had predeceased the Participant.

2.04 Bonus Compensation: Any
item of Compensation that would be payable to a Participant as a bonus but for the
existence of a Salary Reduction Agreement executed by a Participant authorizing deferral
of Bonus Compensation.

2.05 Bonus Deferral
Contributions: A contribution to the Plan made pursuant to Section 4.01 of the Plan,
and allocated to the Accounts of Participants entering into a Salary Reduction Agreement
authorizing the deferral of Bonus Compensation.

2.06 Board:
The Board of Directors (or other governing board) of the Employer.

2.07 Change in
Control:  A Change in Control shall mean the occurrence of any of the following:

| | (i) | any person (as that term is used in Section 13(d) and 14(d) of the
               Securities Exchange Act of 1934, but excluding the Employer, its affiliates, and
               any qualified or non-qualified plan maintained by the Company or its affiliates)
               becomes the beneficial owner (as defined in Rule 13d-3 promulgated
               under such Act), directly or indirectly, of securities of the Employer
               representing more than 20% of the combined voting power of the Employers
               then outstanding securities;
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| | (ii) | during a period of 24 months, a majority of the Board of Directors of the
               Employer ceases to consist of the existing membership or successors nominated by
               the existing membership or their similar successors;
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| | (iii) | shareholder approval of a merger or consolidation of the Employer with any other
               corporation, other than a merger or consolidation which would result in the
               voting securities of the Employer outstanding immediately prior thereto
               continuing to represent (either by remaining outstanding or by being converted
               into voting securities of the surviving entity) more than sixty percent (60%) of
               the combined voting power of the voting securities of the Employer or such
               surviving entity outstanding immediately after such merger or consolidation; or
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| | (iv) | shareholder approval of either (A) a complete liquidation or dissolution of the
               Employer or (B) a sale or other disposition of all or substantially all of the
               assets of the Employer, or a transaction having a similar effect.
| | ---- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

2.08 COA Holding: That
bookkeeping account maintained in the Plan for the purpose of holding contributions that
are to be converted to an equivalent of the common stock of the Employer as described in
Plan Section 4.04(b)(i).

2.09  Code: The Internal
Revenue Code of 1986, and amendments thereto.

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2.10 Committee: The Committee
as provided for in this Plan, which shall have the authority to direct the operations of
the Plan and such other authority as may be prescribed by the Plan. To the extent that the
Employer does not appoint a Committee, the Employer shall have the duties assigned to the
Committee by the Plan.

2.11 Compensation: Any
Employees base salary (unreduced by deferrals made on a pre-tax basis to any plan
maintained under Code §§401(k) or 125) plus Bonus Compensation.

2.12 Deemed: When the word
Deemed modifies any other word, a Participants Account shall be adjusted
or treated as if such other word actually occurred or existed within or to the
Participants Account.

2.13 Disability: The inability
to engage in any substantial gainful activity by reason of any medically determinable
physical or mental impairment which can be expected to result in death or which has lasted
or can be expected to last for a continuous period of not less than twelve (12) months.
The permanence and degree of such impairment shall be supported by medical evidence. The
Employer shall determine the existence of a Disability based on its current disability
policy, applied on a uniform and nondiscriminatory basis.

2.14 Effective Date:
  The Effective Date of this restatement is January 1, 2003.

2.15 Eligible Employee: An
Employee who has been designated by the Employer to be eligible to be a Participant in
this Plan for the Plan Year. Eligible Employees shall be assigned to either Group A or
Group B as designated by the Employer.

2.16 Employee:
Any employee of the Employer maintaining the Plan.

2.17 Employer: Coachmen
Industries, Inc. and any successor to the business of the Employer establishing the Plan.
An entity that is related to the Employer by virtue of being a parent-subsidiary or
brother-sister controlled group with the Employer, pursuant to Code §§414(b) or
(c) may also be an Employer under the Plan with the consent of the Board.

2.18  Employer Basic Contributions:
Those  contributions  to the Plan  made  pursuant  toss.4.01 and  allocated  to the  Accounts  of
Participants pursuant to Schedule B.

2.19 Employer Contribution:
An Employer Basic Contribution, Employer Matching Contribution, or Employer Special Contribution.

2.20  Employer Matching Contributions:
Those  contributions  to the  Plan  made  pursuant  toss.4.01  and  allocated  as a  matching
contribution to the Salary Reduction Contributions or Bonus Deferral Contributions.

2.21 Employer Special Contribution:
Those  contributions to the Plan made pursuant toss.4.01 and allocated  pursuant to the provisions
of an agreement entered into between the Employer and a Participant.

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2.22 Employment Commencement Date:
The date on which an Employee first is employed by the Employer.

2.23 ERISA:
The Employee Retirement Income Security Act of 1974, as amended.

2.24  Investment Fund:
One of the funds  provided for in this Plan, as selected by the Employer or the Committee.
The common stock of the Employer may be an Investment Fund.

2.25 Normal Retirement Age:
The date on which a Participant attains age 65.

2.26 Participant: An Eligible
Employee who has been selected to participate in the Plan and who has contributions
credited to his or her Account. An individual who has an Account in the Plan shall
continue to be a Participant despite no longer being an Eligible Employee.

2.27 Plan: The non-qualified
deferred compensation plan established by the Employer, which is intended to be a
top-hat plan, as defined in Department of Labor Regulation §2520.104-23,
and exempt from the provisions of Parts 2, 3 and 4 of Title I of ERISA.

2.28 Plan Year:
The twelve-month period ending each December 31.

2.29 Qualified Plan:
The Coachmen Industries, Inc. Retirement Plan and Trust, as amended from time to time.

2.30 Salary Reduction
Agreement: An election of the Participant made annually to forego payment of
Compensation in exchange for the Employers promise to pay benefits pursuant to this
Plan. Such Salary Reduction Agreement, to be valid, must (i) be in writing, signed by the
Participant prior to the start of the Plan Year to which it relates (except that an
Eligible Employee may enter into a Salary Reduction Agreement effective for the remainder
of the Plan Year in which the Participants participation in the Plan commences,
provided that any reduction in Compensation specified in the Salary Reduction Agreement
has effect only with respect to Compensation not yet earned or payable); (ii) take effect
as of the start of the following Plan Year (or the date the Participant commences
participation in the Plan, if later); (iii) be irrevocable during the Plan Year in which
it is in effect (except that a Salary Reduction Agreement may be revoked in its entirety
with respect to the remainder of the Plan Year upon election of the Participant); and (iv)
be on a form and submitted as prescribed by the Committee. A Participant shall be
permitted to enter into separate Salary Reduction Agreements for base pay and Bonus
Compensation in a Plan Year. Any Salary Reduction Agreement in effect as of the last day
of the Plan Year shall be deemed automatically renewed for each succeeding Plan Year
unless a proper election modifying or terminating the prior Salary Reduction Agreement is
duly filed with the Committee during the period of time prescribed by the Committee.

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2.31 Salary Reduction
Contribution: A contribution made to this Plan pursuant to the Employers
obligation to provide certain benefits in consideration of a Participant entering into a
Salary Reduction Agreement.

2.32 Service Provider: That
entity appointed by the Committee to perform administrative services in connection with
the operation of the Plan.

2.33 Trust: The revocable
grantor/rabbi trust established in connection with the Plan. The Employer or the
Committee, as the case may be, shall have the discretion to determine whether or not a
Trust shall be established in connection with the Plan; provided, however, in the event of
a Change in Control, such discretion shall be removed from the Employer and the Committee,
and a Trust shall be established (if not already in existence) and fully funded in
accordance with Plan Section 4.03.

2.34 Trust Agreement: An
agreement entered into between the Trustee and the Employer providing for trust services
in connection with a grantor trust that may be established in connection with this Plan.
As of the Effective Date, the Trust Agreement is The Amended and Restated Coachmen
Industries, Inc. Executive Benefit and Estate Accumulation Trust, as amended effective
December 13, 2000, and as may be amended from time to time.

2.35 Trustee: That individual
or individuals or corporate entity having trust powers that is appointed by the Committee
to perform trust services in connection with the Plan, whose responsibilities shall be
governed by the Plan and by the Trust Agreement.

2.36 Year of Service: A
consecutive 12-month period of continuous service in the employ of the Employer commencing
on the latest of: (i) the Employees Employment Commencement Date; (ii) the effective
date of the Employers establishment of this Plan; or (iii) the date the Employee
becomes a Participant in the Plan.

# ARTICLE 3

# ELIGIBILITY AND
PARTICIPATION

3.01 Eligibility: Employees
will be designated as Eligible Employees and will be assigned as either Group A or Group B
Participants in the sole and absolute discretion of the Board (or its designee). The Board
(or its designee) may impose such terms and conditions upon each Eligible Employee prior
to becoming a Participant, which shall be communicated to such Eligible Employee, in
writing, prior to commencement of participation. An Eligible Employee shall commence
Participation as of any date specified by the Board.

3.02 Participation: A
Participant shall commence participation in Plan upon completion of an appropriate Salary
Reduction Agreement specifying that his or her compensation be reduced, or by being
credited with an Employer Contribution to his or her Account.

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# ARTICLE 4

# CONTRIBUTIONS/ACCOUNTS

4.01 Contributions: In
accordance with this Plan and the agreement entered into with the Participant, the
Employer shall establish each of the following book entries and credit each
Participants Account with:

| | a) | Salary Reduction Contributions: The amount of any Salary Reduction
               Contribution elected by an Eligible Employee in a Salary Reduction Agreement for
               the Plan Year;
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| | b) | Bonus Deferral Contributions: The Amount of any Bonus Deferral
               Contribution elected by an Eligible Employee in a Salary Reduction Agreement for
               the Plan Year;
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| | c) | Employer Basic Contributions: An amount, as determined in the sole
               discretion of the Employer, which will be allocated to the Accounts of
               Participants pursuant to an allocation formula specified by the Board. There
               shall be no requirement that a Basic Contribution be made, or if made, that it
               be made in the same amount or for any or all Participants in the Plan;
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| | d) | Employer Matching Contributions: A contribution made on account of a
               Participants Salary Reduction Contribution, which amount is described in
               Schedule A of the Plan.
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| | e) | Employer Special Contributions: An amount determined and allocated
               according to the Board. There is no requirement that any Employer Special
               Contribution be made, or if made, that it be made in the same amount or for any
               or all Participants in the Plan.
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Benefits payable pursuant to this
Plan shall be calculated with reference to the contributions credited to the
Participants Account, together with any adjustments made thereto pursuant to the
provisions of this Plan.

4.02 Participant Accounts:
Each Participant shall have established an Account (with sub-accounts as may be
appropriate) which shall reflect any contributions credited pursuant to Section 4.01 of
this Plan. All contribution credits shall be bookkeeping entries only and shall not
constitute an actual allocation of any assets of the Employer, or be deemed to create any
trust, custodial account, or deposit with respect to any assets which may be utilized to
satisfy the obligation of the Employer to provide the benefits specified in this Plan.

4.03 Rabbi Trust:

| | a)     
                     Unsecured Obligation: The obligation of the Employer to provide benefits
                    pursuant to this Plan shall be the sole unsecured promise of
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| | the Employer with
                    respect to this Plan. Notwithstanding the foregoing, the Employer or the
                    Committee may establish a trust, pursuant to a Trust Agreement, for the purpose
                    of setting aside funds to provide for the payment of benefits under this Plan.
                    However, the assets of the Trust shall at all time remain subject to the claims
                    of the general creditors of the Employer, and no Participant or Beneficiary
                    shall have any claim or right with respect to the assets held in the Trust,
                    except to the extent that the Participant or Beneficiary is a general creditor
                    of the Employer.
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| | b)     
                     Springing Trust: Notwithstanding anything in this Plan (or the Trust
                    Agreement) to the contrary, upon a Change in Control, the Employer shall
                    (i) establish a trust (if not already established) as described in Plan
                    Section 2.33, (ii) maintain in the Trust an amount of money which is at all
                    times at least equal to its obligations under this Plan by making sufficient
                    contributions to the Trust, immediately upon such Change in Control in an amount
                    equal to the Plans total liabilities; and (iii) direct the Trustee to
                    invest the assets of the Trust proportionally in accordance with investment
                    directions given by each Participant.
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4.04 Investments:

| | a)     
                     Generally: To the extent that the Employer establishes a Trust, such
                    contributions made to the Trust shall be invested in one or more Investment
                    Funds as selected by the Committee. At the discretion of the Employer, a
                    Participant may be entitled to request that his or her Account be adjusted for
                    investment gains and losses, as if invested in one or more Investment Funds in
                    accordance with a Deemed investment election of a Participant. Deemed investment
                    elections may be (i) made with respect to existing Account balances or current
                    contributions to the Participants Account, and (ii) shall be subject to
                    any limitations imposed by the Committee from time to time, and made by such
                    means as the Employer and Trustee may agree. The Employer or Service Provider
                    (as the case may be) shall make such adjustments in Participants Accounts
                    to reflect any investment gains or losses such Participants Accounts would
                    experience if funds were actually invested in one or more Investment Funds
                    pursuant to the Participants election.
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| | b) | Rules for Investment Changes: Participants may make changes in Deemed
               investment elections at such time, and in such manner as may be specified by the
               Committee. Any Deemed investment election, or changes to Deemed investment
               elections, shall remain in effect until further changed by the Participant.
               Notwithstanding the preceding sentence, the following rules shall apply to a
               Participant for whom a Matching Employer Contributions sub-Account is
               maintained:
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| | i)     
                     Beginning each calendar quarter on and after January 1, 2003, any contribution
                    that is to be Deemed invested in the common stock of the
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| | Employer and any Deemed
                    dividends paid on amounts Deemed to be invested in the common stock of the
                    Employer shall be accumulated in COA Holding until the last business day of the
                    calendar quarter. On such last business day, the closing price of one share of
                    the Employers common stock on the first business day of the calendar
                    quarter shall be compared with the closing price of one share of the
                    Employers common stock on the last business day of the calendar quarter,
                    and amounts tracked on behalf of each Participant in COA Holding shall be
                    converted to Deemed shares of the Employer by dividing the total amount in COA
                    Holding by the lower of the first business day closing price or the last
                    business day closing price and by allocating those shares to each Participant
                    based on his or her contributions. Once allocated to Participants, the Deemed
                    shares are credited to the Participants appropriate sub-Accounts and COA
                    Holding is reduced to zero. The closing prices shall be as provided on the New
                    York Stock Exchange Composite Transaction Tape and reported in the Wall
                    Street Journal, Midwest Edition, or as reported in another reputable
                    publication (determined at the sole discretion of the Committee) if the Wall
                    Street Journal is not available for the respective dates. All calculations
                    shall include fractional shares carried to the ninth decimal place.
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| | ii)     
                     A Participant shall not be permitted to redirect the Deemed investment of his
                    Matched Stock Account any time prior to the calendar year in which he attains
                    age fifty-five (55). In the calendar year in which the Participant attains age
                    fifty-five (55), and in any calendar year thereafter until the Participant
                    attains age sixty-five (65), a Participant may redirect the Deemed investment of
                    up to twenty percent (20%) of his or her Matched Stock Account balance among the
                    other Investment Funds available in the Plan.
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| | iii)     
                     Notwithstanding the redirection provisions of this Section 4.04, a Participant
                    may redirect the Deemed investment of his or her Matched Stock Account any time
                    following the attainment of age sixty-five (65) or a Change in Control. A
                    Beneficiary of a Participant shall have the right to redirect the Deemed
                    investment of the Participants Matched Stock Account at any time following
                    the Participants death.
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| | iv)     
                    A Participant who elects to receive a payment in the form of Employer stock for
                    the amount represented by the Matched Stock Account will receive shares
                    restricting his or her right or ability to sell or transfer such shares until
                    the Participant has attained age fifty-five (55).
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| | v)     
                     For so long as Employer stock is a Deemed investment under the Plan, no
                    Participant shall have the right to direct the vote or tender any Employer stock
                    that is Deemed to be credited to his Account.
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| | vi)     
                    The Committee may in its sole discretion refuse to recognize participant
                    elections that it determines may cause the Participants Accounts to become
                    subject to the short-swing profit provisions of Section 16b of the Securities
                    Exchange Act of 1934 and establish special election procedures for participants
                    subject to Section 16 of such Act.
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4.05 Employer Stock: Deemed
purchases and allocations of Employer stock to the bookkeeping entry Accounts of Plan
Participants shall occur on a quarterly basis. Deemed purchases shall be allocated to such
Accounts as of the last business day of each calendar quarter and shall be valued at the
lesser of the stocks closing price on the New York Stock Exchange on either the
first business day of the quarter or the last business day of the quarter. Nothing herein
shall be deemed to prevent the maintenance in the Participants Accounts of
fractional shares. All dividends payable on the Employers common stock shall be
Deemed to be reinvested in additional shares of the Employers common stock. Those
additional shares attributable to the Matched Stock Account shall be credited to the
Matched Stock Account and any other dividends Deemed received will be credited to the
respective sub-Account that is not the Matched Stock Account.

4.06 Provisions Upon a Change in
Control: If there occurs Change in Control, in addition to other requirements of the
Plan, the Board may take any additional actions deemed reasonably necessary or desirable
to accomplish the stated purposes of this Plan, and the Committee may cause the
contribution by the Employer of any amount equal to up to three (3) years of additional
Participant Contributions for select Group A Participants as determined by the
Plan Sponsor, along with the Employer Matching Contributions to the Plan that would have
been paid on such Participant Contributions, as if the Participants in Group A
had contributed the maximum fifteen percent (15%) of base salary and Bonus Compensation
each year.

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# ARTICLE 5

# VESTING AND FORFEITURE

5.01 Vesting

| | a)     
                     A Participants sub-Account consisting of his or her Salary Reduction
                    Contributions and Bonus Deferral Contributions, adjusted for Deemed earnings and
                    losses thereon, shall always be 100% vested.
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| | b)     
                     A Participants sub-Accounts consisting of Employer Contributions,
                    adjusted for Deemed earnings and losses thereon shall be vested according to the
                    vesting schedule prescribed in either Schedule A or Schedule B, as applicable.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | c)     
                     Notwithstanding the preceding provisions of this Section 5.01, a Participant
                    shall be 100% vested in the value of his sub-Accounts consisting of Employer
                    Contributions adjusted for Deemed earnings and losses thereon upon the earliest
                    to occur of any of the following: (i) a Change in Control; (ii) termination of
                    employment with the Employer as a result of the Participants death or
                    Disability; (iii) termination of employment at or after Normal Retirement Age;
                    or (iv) effective January 1, 2003, a termination of employment as a result of
                    such other extenuating circumstance, as the Committee shall determine, in its
                    sole discretion.
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5.02 Forfeitures: The
Participant shall forfeit any portion of his or her Account that is not vested at the time
the Participant terminates employment with the Employer. Additionally, the Participant
shall forfeit all of his or her Account attributable to Employer Contributions and Deemed
earnings and losses thereon, regardless of the extent to which such Account is vested
under Section 5.01 of the Plan, if the Participant, without the express written consent of
the Employer and within six (6) months following his or her termination of employment with
the Employer or its Affiliates, works in any capacity for or on behalf of any direct
competitor (including the competitors affiliates) of the Employer or of any of its
Affiliates and during such time violates his or her Business Protection
Agreement with the Employer or its Affiliates, including the
post-termination-of-employment restrictions on competition with the Employer, solicitation
of the Employers employees, or solicitation of the Employers or its
Affiliates vendors or customers (regardless of the enforceability of any such
restrictions).

5.03 Non-vested Amounts: To
the extent that the Employer has made a contribution to the Trust in connection with
respect to this Plan, the amount of any such contributions held in trust and forfeited
pursuant to Section 5.02 shall be returned to the Employer if the Trust is revocable; or
if not revocable, then the forfeited amounts shall continue to be held in trust until full
satisfaction of all of Employers obligations under this Plan.

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# ARTICLE 6

# BENEFITS/PAYMENTS

6.01 General: A Participant
shall be entitled to receive a benefit, when payable pursuant to the terms of this Plan,
in an amount equal to the total value of all vested contributions credited to his or her
Account, and adjusted for any Deemed investment gains or losses. All benefit payments
shall be made by the Employer, except as may be provided for in the Trust Agreement. All
appropriate taxes, as determined by the Employer, shall be withheld from any payment
distribution, as may be required by law, and remitted to the appropriate taxing authority
by the Employer, or its agent.

6.02 Payment Events: A
Participant shall be entitled to receive a distribution from the Plan, pursuant to his or
her election as to the form of distribution in accordance with the following:

| | a)     
                     Salary Reduction and Bonus Reduction Accounts: A Participant shall
                    receive the balance of his or her Salary Reduction and Bonus Reduction
                    sub-Accounts, adjusted for Deemed earnings and losses thereon, as soon as
                    practicable following his or her termination of employment, in conformity with
                    the Employers payroll practices, but no later than 100 days following the
                    Participants termination of employment.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | b)     
                     Employer Contribution Sub-Accounts: A Participant shall receive the
                    balance of his or her Employer Contribution sub-Accounts that have not been
                    forfeited under Section 5.02 of the Plan six (6)months following his or
                    termination of employment with the Employer and all of its Affiliates.
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| | c)     
                     Change in Control: Notwithstanding the provisions of paragraphs (a) and
                    (b) above, a Participant shall receive the vested balance of his or her entire
                    Account as soon as practicable following the third anniversary of a Change in
                    Control, regardless of whether such Participant has incurred a termination of
                    employment from the Employer or its Affiliates. If there occurs a Change in
                    Control, the Committee and the Employer shall direct the Trustee to remit to the
                    Employer amounts necessary to pay any taxes that may be due for such payments to
                    the Participant within the time period described herein. After remittance of the
                    tax reimbursement to the Employer, the Trustee shall remit the balance of the
                    remaining account balances maintained on behalf of the Participant directly to
                    the Participant. The Trustee shall not be responsible for the preparation of any
                    tax reporting materials, nor the remittance of any such taxes, to any tax
                    authorities. Such responsibilities shall be exclusively the responsibility of
                    the Employer.
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6.03 Form of Payment:

| | a)     
                     A Participant shall irrevocably elect to receive a payment of his or her
                    benefits in either a single lump sum payment or annual installment payments over
                    a period that shall not be less than 10 annual installments.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | b)     
                     A Participants benefits shall be paid to him or her in cash only.
| | -----------------------------------------------------------------------------------------------

6.04 Death Distributions: To
the extent not forfeited pursuant to the terms of this Plan, upon the death of the
Participant, any benefit to which the Participant would be entitled to (but for his or her
death) shall be paid to the Participants Beneficiary or Beneficiaries in a form
elected by the Participant. To the extent the Participant has not designated a Beneficiary
to receive his or her benefits pursuant to this Plan, the Participants benefits (or
the portion thereof not so payable to a Beneficiary) shall be paid to the
Participants estate.

6.05 Valuation of Benefit
Payments: Each day that the New York Stock Exchange is open shall be a valuation date
for the Plan. For purposes of assigning a value to a distribution to occur under either
Sections 6.02 or 6.04 of the Plan, the Committee (or in the case of a Change in Control,
the Trustee), shall designate the value of the Participants Account as of the date
or dates such Account is to be paid out to the Participant.

# ARTICLE 7

# ADMINISTRATION OF THE
PLAN

7.01 Plan Administration: The
Plan shall be administered by the Committee. A Participant who also is a member of the
Committee shall not participate in any decision involving such individuals rights,
duties and obligations as a Participant under the Plan, if such participation constitutes
a conflict of interest. Subject to the limitations of Section 8.01 of the Plan, any action
to be taken by the Employer in the Plan may be taken by the Committee.

7.02 Committee Action: A
majority of the Committee (if it has more than two members) shall constitute a quorum for
the transaction of business. All actions taken by the Committee at a meeting shall be by
the vote of a majority of those present at such meeting but any action may be taken by the
Committee without a meeting upon written consent signed by all of the members of the
Committee. The Committee is expressly authorized to delegate any and all authority granted
it under this Plan to any employee of the Company, or to any other person.

7.03 Plan Rules and
Regulations: The Committee may from time to time establish rules and regulations for
the administration of the Plan and adopt standard forms to be used under the Plan, such as
beneficiary designation forms, provided such rules and forms are not inconsistent with the
provisions of the Plan. Any duties or responsibilities of the Committee may be delegated
to any individual employee or departmental function within the Company.

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7.04 Determinations by
Committee: All determinations of the Committee, irrespective of their character or
nature, including, but not limited to, all questions of construction and interpretation,
shall be final, binding and conclusive on all parties. The Committee shall have
discretionary authority in making all decisions under the Plan, including factual
determinations. In construing or applying the provisions of the Plan, the Committee shall
have the right to rely upon a written opinion of legal counsel, which may be independent
legal counsel or legal counsel regularly employed by the Company, whether or not any
question or dispute has arisen as to any distribution from the Plan.

7.05 Plan Records: The
Committee shall be responsible for maintaining books and records for the Plan. Each
Participant or the Participants beneficiary or Representative shall be notified
annually of the balance in the Participants Account including the vested portion
thereof.

7.06 Plan Expenses:
The Company shall pay all expenses of administering the Plan.

7.07 Claim Procedure: Any
person who believes he or she is being denied rights or benefits under the Plan may file a
written claim with the Committee. The Committee will notify the claimant in writing if the
claim is denied. The notice will: (i) state the reasons for the denial, (ii)
reference pertinent Plan provisions on which the denial is based, (iii) describe any
additional material or information needed; and (iv) state the steps to be taken to request
review of the decision. The notice will be given within 90 days after the Committee
receives the claim (or within 180 days if special circumstances require an extension and
written notice of the extension and circumstances is given to the claimant within the
initial 90 day period). If the notice is not given within this period, the claim will be
considered denied as of the last day of such period and the claimant may request review of
the claim.

7.08 Review Procedure: Within
60 days of receipt by the claimant of the written notice of denial of the claim, or within
60 days after the claim is deemed denied, the claimant may file a written request with the
Committee for review of the denied claim, including the conducting of a hearing, if deemed
necessary by the Committee. The claimant may review pertinent documents and submit issues
and comments in writing. The Committee will give its written decision on the claim appeal
promptly, but not later than 60 days after the receipt of the claimants request for
review, unless special circumstances (such as the need to hold a hearing) require an
extension of time, in which case the 60 day period may be extended to 120 days. The
Committee shall notify the claimant in writing of the extension. The decision on review
will: (i) state the reasons for the decision, and (ii) contain references to pertinent
Plan provisions upon which the decision is based.

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# ARTICLE 8

# MISCELLANEOUS

8.01 Amendment or Termination:
The Employer reserves the right to amend or terminate this Plan or its Trust (including
the ability to revoke the Trust, but subject to Plan Section 4.03) at any time, or from
time to time, in any respect, retroactively or prospectively, by written instrument
adopted by the Committee, provided, however, that any amendment to the Plan intended to
change the level or type of benefits provided under the Plan (whether by increasing or
decreasing such benefits) must be approved by a written instrument adopted by the
Compensation Committee of the Board. No amendment or termination of the Plan shall reduce,
diminish, or otherwise alter the right of a Participant or Beneficiary to benefits to
which he or she was entitled, had the Participant terminated employment with the Employer
on the day before the effective date of the amendment or termination.

8.02 Spendthrift Provisions:
Participants and Beneficiaries shall have no right of anticipation of any benefits
hereunder, and may not sell, transfer, assign, pledge, attach, or otherwise alienate any
benefits payable hereunder. Any such attempt at alienation shall be void, and not obligate
the Employer, Committee, or Trustee, or their agents or designees, except to the extent
provided for in this Plan.

8.03 Non-contractual Plan:
Nothing contained in this Plan shall be construed as a commitment or agreement on the part
of the Employer to continue the employment of any person employed by the Employer; to
continue the employment of any person employed by the Employer; to continue employment of
any person at any rate of pay or salary; or diminish the right of the Employer to
discharge any Employee. The provisions of this Plan shall not operate as a guarantee that
sufficient assets will exist for the Employer to pay any benefits pursuant to this Plan.
Participants shall be general creditors of the Employer with respect to benefits payable
hereunder.

8.04 Severability: To the
extent that any provision of this Plan is deemed to be unenforceable, or would in any way
cause this Plan to be subject to Parts 2, 3 or 4 of Title I of ERISA, it shall be deemed
severed from this Plan, of no further force or effect, and shall not affect any other
provision of this Plan which shall continue without the offending provision.

8.05 Governing Law: The
provisions of this Plan shall be governed by the laws of the State of Indiana to the
extent not preempted by federal law.

8.06 Corporate Successors:
This Plan shall not automatically be terminated upon the sale, transfer, merger, or other
conveyance of the Employer to, or with, another entity, but shall survive unless amended
or terminated pursuant to Section 8.01 of the Plan.

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Executed
on this the 14th day of March, 2003.

| |                                     
| | ------------------------------------
| | THE COMMITTEE:                      
| |                                     
| | Chief Financial Officer             
| |                                     
| | Controller                          
| |                                     
| | Treasurer                           
| |                                     
| | Sr. Vice President - Human Resources

30271007.13/14/03

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# SCHEDULE A

Employees designated to be in the
Plan as Group A Participants shall be administered within the parameters of
this Schedule A. Schedule A is sometimes referred to as the Supplemental Executive
Retirement Plan or SERP.

1.    
          Eligibility: Group A Participants are eligible to participate in the Plan
          effective January 1, 2001. Participants are not required to first contribute to
          the Qualified Plan to be eligible to defer in this Plan.

2.    
          Deferral Limits: Group A Participants may elect to defer no less than 1%
          nor more than 15% of each of his or her base salary and his or her Bonus
          Compensation into this Plan.

3.    
          Employer Matching Contribution: Until modified by the Committee or the
          Board, Group A Participants shall receive an Employer Matching Contribution each
          pay period in an amount equal to 50% of the amount deferred by the Group A
          Participant for such week. Fifty percent of the Employer Matching Contribution
          shall be Deemed to be invested Employer common stock; the remaining 50% shall be
          Deemed to be invested in accordance with Plan Section 4.04.

4.    
          Vesting: Employer Contributions for Group A Participants shall vest
          according to the following, subject to Plan Section 5.01:

| |                  |                | 
| | ---------------- | -------------- | 
| | Years of Service | Percent Vested | 
| | 0-4              | 0%             | 
| | 5 or more        | 100%           | 

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# SCHEDULE B

Employees designated to be in the
Plan as Group B Participants shall be administered within the following
parameters of this Schedule B. Schedule B is sometimes referred to as the Mirror
Plan or Excess Benefit Plan.

1.    
          Eligibility: Group B Participants are eligible to Participate in the Plan
          effective January 1, 2001. Group B Participants must participate in the
          Qualified Plan up to the limitations prescribed by the Qualified Plan.

2.    
          Deferral Limits: Group B Participants may elect to defer no less than 1%
          nor more than 15% of each of his or her base salary and his or her Bonus
          Compensation into this Plan; provided, however, that the combined contributions
          between the Qualified Plan and this Plan may not exceed 20% of the
          Participants Compensation.

3.    
          Employer Matching Contribution: Until modified by the Committee or the
          Board, Group B Participants shall receive an Employer Matching Contribution each
          pay period in an amount equal to 40% of the amount deferred by such Participant
          for such pay period, taking into account no more than 6% of such
          Participants Compensation deferred through this Plan and the Qualified
          Plan for such pay period. Fifty percent of the Employer Matching Contribution
          shall be Deemed to be invested Employer common stock; the remaining 50% shall be
          Deemed to be invested in accordance with Plan Section 4.04.

4.    
          Vesting: Employer Contributions for Group B Participants shall vest
          according to the following, subject to Plan Section 5.01:

| |                  |                | 
| | ---------------- | -------------- | 
| | Years of Service | Percent Vested | 
| | 1                | 20%            | 
| | 2                | 40%            | 
| | 3                | 60%            | 
| | 4                | 80%            | 
| | 5                | 100%           | 

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TABLE OF CONTENTS

`ARTICLE 1....................................................................1

1.01  Purpose................................................................1

1.02  Adoption of Plan.......................................................1


ARTICLE 2....................................................................1

2.01 Account.................................................................1

2.02 Affiliate...............................................................1

2.03 Beneficiary.............................................................1

2.04 Bonus Compensation......................................................2

2.05 Bonus Deferral Contributions............................................2

2.06 Board...................................................................2

2.07 Change of Control.......................................................2

2.08  COA Holding............................................................2

2.09  Code...................................................................3

2.10 Committee...............................................................3

2.11 Compensation............................................................3

2.12 Deemed..................................................................3

2.13 Disability..............................................................3

2.14 Effective Date..........................................................3

2.15 Eligible Employee.......................................................3

2.16 Employee................................................................3

2.17 Employer................................................................3

2.18 Employer Basic Contributions............................................3

2.19 Employer Contribution...................................................3

2.20 Employer Matching Contributions.........................................3

2.21 Employer Special Contribution...........................................4

2.22 Employment Commencement Date............................................4`

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`2.23 ERISA...................................................................4

2.24 Investment Fund.........................................................4

2.25 Normal Retirement Age...................................................4

2.26 Participant.............................................................4

2.27 Plan....................................................................4

2.28 Plan Year...............................................................4

2.29 Qualified Plan..........................................................4

2.30 Salary Reduction Agreement..............................................4

2.31 Salary Reduction Contribution...........................................5

2.32 Service Provider........................................................5

2.33 Trust...................................................................5

2.34 Trust Agreement.........................................................5

2.35 Trustee.................................................................5

2.36 Year of Service.........................................................5


ARTICLE 3....................................................................5

3.01 Eligibility.............................................................5

3.02 Participation...........................................................6


ARTICLE 4....................................................................6

4.01 Contributions...........................................................6

4.02 Participant Accounts....................................................6

4.03 Rabbi Trust.............................................................7

4.04 Investments.............................................................7

4.05 Employer Stock..........................................................9

4.06 Provisions Upon a Change in Control.....................................9


ARTICLE 5....................................................................10

5.01 Vesting.................................................................10

5.02 Forfeitures.............................................................10`

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`5.03 Non-vested Amounts......................................................10


ARTICLE 6....................................................................11

6.01 General.................................................................11

6.02 Payment Events..........................................................11

6.03 Form of Payment.........................................................12

6.04 Death Distributions.....................................................12

6.05 Valuation of Benefit Payments...........................................12


ARTICLE 7....................................................................12

7.01 Plan Administration.....................................................12

7.02 Committee Action........................................................12

7.03 Plan Rules and Regulations..............................................12

7.04 Determinations by Committee.............................................13

7.05 Plan Records............................................................13

7.06 Plan Expenses...........................................................13

7.07 Claim Procedure.........................................................13


7.08 Review Procedure........................................................13


ARTICLE 8....................................................................14

8.01 Amendment or Termination................................................14

8.02 Spendthrift Provisions..................................................14

8.03 Non-contractual Plan....................................................14

8.04 Severability............................................................14

8.05 Governing Law...........................................................14

8.06 Corporate Successors....................................................14`

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