<PAGE>

                                                                   Exhibit 10(e)

                                 INTERTAN, INC.

                           DEFERRED COMPENSATION PLAN

                                                                November 1, 2001

                                 PLAN AGREEMENT

To:  HEINZ STIER

         The Organization and Compensation Committee of the Board of Directors
of InterTAN, Inc. (the "Committee") has selected you to participate in the
Deferred Compensation Plan (the "Plan"), a copy of which is furnished to you
herewith.

         Your participation in the Plan is voluntary and conditioned upon your
acceptance of this Plan Agreement in the manner provided below, by which it
shall be agreed between us as follows:

         1)   Your participation in the Plan and the rights accruing to you
              and your designated Beneficiary(ies) thereunder shall be in all
              respects subject to the terms and conditions of the Plan, the full
              text of which, and as it may be from time to time amended, is
              incorporated herein by reference. You agree to be bound by the
              terms and provisions of the Plan, and specifically, but without
              limitation, to the noncompetition provisions set forth in Section
              5.5 of the Plan.

         2)   For the purpose of determining the amount of benefits payable
              by InterTAN, Inc. ("InterTAN") under the Plan, it is agreed and
              stipulated that your Plan Benefit Amount is Cdn. $1,857,000. At
              the end of the Plan Agreement is an Addendum, which from time to
              time may be used to alter the Plan Benefit Amount as defined in
              the Plan by filling in the changed amount of the Plan Benefit
              Amount, by dating such change, and by InterTAN and you executing
              such Addendum.

         3)   You acknowledge receipt of a Beneficiary Designation Form
              furnished you herewith and agree that upon your acceptance and
              return of this Plan Agreement as provided below, you will deliver
              such form completed as therein required.

         If you desire to participate in the Plan, please accept and return the
enclosed copy of this letter, together with your completed Beneficiary
Designation Form, to Jeffrey A. Losch, on or before thirty (30) days from the
date hereof, whereupon you shall become a Participant in the Plan according and
subject to the terms thereof. If you do not accept and return such copy within
the above time period, then we will assume that you have voluntarily elected not
to participate in the Plan.

                                        Yours very truly,

                                        INTERTAN, INC.


                                        By:  /s/ Brian E. Levy
                                           ------------------------------------
                                           Brian E. Levy, President & Chief
                                           Executive Officer


ACCEPTED THIS 20/th/ day of November, 2001.



  /s/ Heinz Stier
--------------------------
Heinz Stier