##### Table of Contents

Exhibit 10.26



NPC INTERNATIONAL, INC.

DEFERRED COMPENSATION

AND

RETIREMENT PLAN

As Amended and Restated, Effective March 1, 2011



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Table of Contents



|            |  |                                                 |  |  |    | 
|----------- |  | ----------------------------------------------- |  |  | -- | 
|            |  |                                                
|Section 1.  |  | Establishment and Amendment                     |  |  | 2  | 
|            |  |                                                
|Section 2.  |  | Definitions                                     |  |  | 2  | 
|            |  |                                                
|Section 3.  |  | Eligibility for Participation                   |  |  | 7  | 
|            |  |                                                
|Section 4.  |  | Deferral of Compensation and Bonus Compensation |  |  | 8  | 
|            |  |                                                
|Section 5.  |  | Company Discretionary Contributions             |  |  | 10 | 
|            |  |                                                
|Section 6.  |  | Elections of Timing and Form of Payment         |  |  | 11 | 
|            |  |                                                
|Section 7.  |  | Investment of Deferral and Vesting Accounts     |  |  | 17 | 
|            |  |                                                
|Section 8.  |  | Vesting                                         |  |  | 17 | 
|            |  |                                                
|Section 9.  |  | Designation of Beneficiaries                    |  |  | 20 | 
|            |  |                                                
|Section 10. |  | Merger, Consolidation and Sale of Assets        |  |  | 20 | 
|            |  |                                                
|Section 11. |  | Rights of Participants                          |  |  | 21 | 
|            |  |                                                
|Section 12. |  | Administration                                  |  |  | 21 | 
|            |  |                                                
|Section 13. |  | Claims and Appeals                              |  |  | 21 | 
|            |  |                                                
|Section 14. |  | Amendments and Termination                      |  |  | 22 | 
|            |  |                                                
|Section 15. |  | Applicable Laws                                 |  |  | 23 | 
|            |  |                                                
|Section 16. |  | 409A Compliance                                 |  |  | 23 | 
|            |  |                                                
|Section 17. |  | Incompetency                                    |  |  | 23 | 
|            |  |                                                
|Section 18. |  | Expenses                                        |  |  | 24 | 
|            |  |                                                
|Section 19. |  | Notices                                         |  |  | 24 | 
|            |  |                                                
|Section 20. |  | Withholding and Deductions                      |  |  | 24 | 
|            |  |                                                
|Section 21. |  | Invalidity of Provisions                        |  |  | 24 | 
|            |  |                                                
|Section 22. |  | Tax Advantages Not Guaranteed                   |  |  | 24 | 
|            |  |                                                
|Section 23. |  | Return of Company Contributions                 |  |  | 25 | 



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NPC INTERNATIONAL, INC.

DEFERRED COMPENSATION AND RETIREMENT PLAN

Section 1. Establishment and Amendment

NPC
INTERNATIONAL, INC. hereby amends and restates in its entirety, effective March 1, 2011, its deferred compensation and retirement plan for executives as described herein, which is known as the NPC INTERNATIONAL, INC. DEFERRED COMPENSATION
AND RETIREMENT PLAN (the Plan). The Plan is intended to constitute an unfunded plan maintained primarily to provide deferred compensation to a select group of management or highly compensated employees.

Section 2. Definitions

2.1   Definitions. Whenever used herein, the following terms shall have the meanings set forth below:



| | (a) | Acquiring Person means any one person, or more than one person acting as a group. For purposes of this definition, persons will not be
considered to be acting as a group solely because they purchase or own stock or assets of the same corporation at the same time, or as a result of the same public offering. However, persons will be considered to be acting as a group if
they are owners of a corporation that enters into a merger, consolidation, purchase or acquisition of stock, or similar business transaction with the Company. If a person, including an entity, owns stock in both corporations that enter into a
merger, consolidation, purchase or acquisition of stock, or similar transaction, such shareholder is considered to be acting as a group with other shareholders in a corporation prior to the transaction giving rise to the change and not with respect
to the ownership interest in the other corporation.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) | Board means the Board of Directors of the Company.
| | --- | ----------------------------------------------------



| | (c) | Beneficiary means the persons or entities designated pursuant to Section 9 who are to receive, upon a Participants death, payment
of the amounts credited to the Participants Deferral Account and the Nonforfeitable amounts credited to his Vesting Account as of the date of his death.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (d) | Bonus Compensation with respect to an active Participant or eligible Executive means the active Participants or eligible
Executives bonus compensation for the period to which his relevant Bonus Compensation Deferral Election relates. Eligible bonus compensation under this Plan shall include only bonus compensation payable pursuant to and based on achievement of
performance targets as defined in the NPC Annual Compensation Plan document, as amended from time to time.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (e) | Bonus Compensation Deferral Election means the election made by an active Participant or eligible Executive, pursuant to
Section 4.2, to defer
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------



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| | receipt of a portion of his Bonus Compensation earned by him in the calendar year to which the election relates.
| | ----------------------------------------------------------------------------------------------------------------



| | (f) | Change of Control means the occurrence of a Change in the Ownership of the Company, a Change in Effective Control of the
Company, or a Change in the Ownership of a Substantial Portion of the Companys Assets as such terms are further defined below:
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (1) | Change in the Ownership of the Company. A Change in the Ownership of the Company shall occur if any Acquiring Person, other than one or more Excluded
Persons (as defined below), acquires ownership of stock of the Company that, together with stock held by such Acquiring Person, constitutes more than 50% of the total fair market value or total voting power of the stock of the Company. If an
Acquiring Person owns 50% of the total fair market value or total voting power of the stock of the Company, the acquisition of additional stock by such Acquiring Person shall not be constitute a Change in Ownership of the Company. An increase in the
percentage of stock owned by any Acquiring Person, as a result of a transaction in which the corporation acquires its stock in exchange for property will be treated as an acquisition of stock for purposes of this paragraph. In addition, this
paragraph applies only when there is a transfer of stock of a corporation (or issuance of stock of a corporation) and stock in such corporation remains outstanding after the transaction.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (2) | Change in Effective Control of the Company. A Change in Effective Control of the Company shall occur if either:
| | --- | ---------------------------------------------------------------------------------------------------------------



| | (i) | any Acquiring Person, other than one or more Excluded Persons (as defined below), acquires (or has acquired during the 12-month period ending on the date of the most
recent acquisition by such person or persons) ownership of stock of the Company possessing 35 percent or more of the total voting power of the stock of the Company, or
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (ii) | A majority of members of the Companys board of directors is replaced during any 12-month period by directors whose appointment or election is not endorsed by a
majority of the members of the Companys board of directors prior to the date of the appointment or election.
| | ---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

If a person, or more than one person acting as a group (as defined below) owns 35% of the total fair market value or total voting power of the stock of the Company, the acquisition of additional stock by
such person or group shall not constitute a change in effective control of the Company.



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| | (3) | Change in the Ownership of a Substantial Portion of the Companys Assets. A Change in the Ownership of a Substantial Portion of the Companys
assets shall occur if any Acquiring Person, other than one or more Excluded Persons (as defined below), acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by such person or persons) assets from the
Company that have a total Gross Fair Market Value equal to or more than 40 percent of the total gross fair market value of all of the assets of the Company immediately prior to such acquisition or acquisitions, except for transfers of assets
described below. A transfer of assets by the Company is not treated as a Change in the Ownership of a Substantial Portion of the Companys Assets if the assets are transferred to:
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (i) | a shareholder of the Company (immediately before the asset transfer) in exchange for or with respect to its stock;
| | --- | ------------------------------------------------------------------------------------------------------------------



| | (ii) | an entity, 50 percent or more of the total value or voting power of which is owned, directly or indirectly, by the Company;
| | ---- | ---------------------------------------------------------------------------------------------------------------------------



| | (iii) | a person, or more than one person acting as a group, that owns, directly or indirectly, 50 percent or more of the total value or voting power of all the outstanding
stock of the Company; or
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (iv) | an entity, at least 50 percent of the total value or voting power of which is owned, directly or indirectly, by a person described in subparagraph (iii).
| | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------

Excluded Persons. For purposes of this subsection (e), Excluded Persons means
Gene Bicknell, his spouse, any of his lineal descendants, and any entity at least 50% owned by any of such persons.



| | (g) | Committee means the Stock Option and Compensation Committee of the Board.
| | --- | ---------------------------------------------------------------------------



| | (h) | Company means NPC International, Inc., a Kansas corporation, or any successor thereto.
| | --- | ----------------------------------------------------------------------------------------



| | (i) | Company Discretionary Contribution means the amount deposited by the Company and credited by the Trustee pursuant to Section 5.2 to the
Deferral Account or Vesting Account maintained by the Trustee on behalf of an active Participant or eligible Executive. Company Discretionary Contributions may be Class A Contributions or Class B Contributions. Unless otherwise so designated in
writing, all Company Discretionary Contributions shall be Class A Contributions.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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| | (j) | Company Matching Contribution means the amount (if any) deposited by the Company and credited by the Trustee pursuant to Section 5.1 to
the Deferral Account or Vesting Account maintained by the Trustee on behalf of an active Participant or eligible Executive.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (k) | Compensation with respect to an Executive means the Executives taxable wages reportable on Form W-2 (as defined below), less
(i) Bonus Compensation, and (ii) gains from the exercise of stock options granted by the Company, payable to the Executive during the pay period to which the relevant Compensation Deferral Election relates. Compensation reportable on Form
W-2 shall include only the following items of compensations: regular pay, overtime, vacation pay, jury duty pay, bereavement pay, short term disability pay, holiday pay, supplemental pay, tips reported, beeper pay and shift differential pay. For the
avoidance of doubt, compensation reportable on Form W-2 shall not include field and corporate fleet reimbursements, auto allowance, taxable moving expenses or similar items of de minimis compensation paid to reimburse an Executive for an expense
incurred or otherwise adjust for a benefit that otherwise could be a nontaxable benefit (e.g., long-term disability gross-up payments).
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (l) | Compensation Deferral Election means the election made by an active Participant or eligible Executive, pursuant to Section 4.1, to defer
receipt of all or a portion of his Compensation earned in the calendar year to which the election relates.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (m) | Deferral Account means the account maintained by the Trustee under the Trust, on behalf of a Participant, to which the Company deposits and
the Trustee credits at the direction of the Company (i) the Compensation and Bonus Compensation the Participant elects to defer pursuant to his Compensation Deferral Election and/or Bonus Compensation Deferral Election, and (ii) the
Company Matching Contributions and Company Discretionary Contributions pursuant to Sections 5.1 and 5.2 which are entirely Nonforfeitable when made. Although this Plan may refer to a Deferral Account as the Participants Deferral
Account or as his Deferral Account, the amounts credited to such Deferral Account shall at all times be subject to the terms and conditions of the agreement and declaration establishing the Trust, and thus subject to the claims of
the Companys general creditors.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (n) | Executive means an employee of the Company who is:
| | --- | ----------------------------------------------------



| | (1) | in a select group of management or highly paid employees;
| | --- | ---------------------------------------------------------



| | (2) | exempt from the minimum wage and maximum hour requirements of the Fair Labor Standards Act, as described in 29 U.S.C. § 213(a) and regulations
promulgated thereunder; and
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| | (3) | a highly compensated employee within the meaning of Internal Revenue Code Section 414(q), or a regional manager, or both. With respect to a newly hired
employee, if the employees annualized projected Compensation and Bonus Compensation for his first calendar year of employment exceed the limit described in Section 414(q)(B)(i), he shall be considered a highly compensated
employee for such first calendar year of employment, for purposes of this Plan.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (o) | Gross Fair Market Value means the value of the assets of the Company, or the value of the assets being disposed of, determined without regard
to any liabilities associated with such assets.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (p) | Nonforfeitable, as applied to Company Matching Contributions and Company Discretionary Contributions (and earnings thereon) deposited by the
Company and credited by the Trustee at the direction of the Company to a Participants Deferral Account or Vesting Account, means the portion of such deposits and credits to which the Participant or his Beneficiary are vested in
accordance with the vesting rules described in Section 8 and the other terms and conditions of the Plan, subject only to the claims of the Companys general creditors as described in the agreement and declaration establishing the Trust.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (q) | Participant means a person who has amounts currently deposited and credited to a Deferral Account or Vesting Account, or both, maintained by
the Trustee on his behalf pursuant to the terms of the Plan. An active Participant is a Participant who is actively employed by the Company as an Executive and who is actively participating in the Plan.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (r) | Separation from Service or Separates from Service means a Participants death,
retirement or other termination from employment with the Company. A Separation from Service will not occur if a Participant is on military leave, sick leave or other bona fide leave of absence (such as temporary employment by the government) if the
period of such leave does not exceed six months, or if longer, as long as the Participant has a right (either by contract or by statute) to reemployment with the Company. Separation from Service will be interpreted in a manner consistent
with Code Section 409A(a)(2)(A)(i).
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (s) | Specified Employee means a Participant that would be a specified employee as defined in Section 409A(a)(2)(B)(i) of the
Internal Revenue Code and Department of Treasury regulations and other interpretive guidance issued thereunder.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (t) | Trust means the NPC International, Inc. Deferred Compensation and Retirement Plan Group Trust
| | --- | -----------------------------------------------------------------------------------------------



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| | (u) | Trustee means Great Plains Trust Company or the bank or trust company designated as its successor trustee under the agreement and declaration
establishing the Trust.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (v) | Vesting Account with respect to a Participant means the account maintained by the Trustee under the Trust, on behalf of the Participant, to
which the Company deposits and the Trustee credits at the direction of the Company the Company Matching Contributions (if any) and/or Company Discretionary Contributions (if any) pursuant to Sections 5.1 and 5.2 and which are not entirely
Nonforfeitable when made. Although this Plan may refer to a Vesting Account as the Participants Vesting Account or as his Vesting Account, the amounts credited to such Vesting Account shall at all times be subject to
the terms and conditions of the agreement and declaration establishing the Trust, and thus subject to the claims of the Companys general creditors.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (w) | Vesting Service with respect to a Participant means the aggregate total of the Participants whole years (and fractional portions of
years) of employment by the Company, its predecessors and successors. The Committee may designate, from time to time and in its sole discretion, such other service (either for the Company or otherwise) that shall be considered Vesting Service with
respect to any particular Participant or eligible Executive.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

2.2Gender and
Number.Except when otherwise indicated by the context, any masculine terminology used herein shall also include the feminine gender, and the definition of any term herein in the singular shall also include the plural.

Section 3. Eligibility for Participation

3.1Eligibility.An employee of the Company shall be eligible to participate in the Plan with
respect to a calendar year if:



| | (a) | He qualifies as an Executive with respect to such year; and
| | --- | -----------------------------------------------------------



| | (b) | He is not eligible to participate, in such calendar year, in the Companys qualified cash or deferred arrangement under Section 401(k) of the Internal Revenue
Code; and
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (c) | The Committee has selected such Executive to participate with respect to such year; where the Committee has once selected the Executive to participate,
and such Executive ceases to be eligible with respect to a year due solely to his eligibility to participate in the Companys qualified cash or deferred arrangement for such year, and the Executive thereafter (for a subsequent year) ceases to
be eligible to participate in the cash or deferred arrangement he shall automatically be eligible to recommence participation in this Plan without further approval by the Committee, provided the Executive continues to meet the definition of
Executive
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| | and the Committee has not affirmatively declared the Executive to be ineligible.
| | --------------------------------------------------------------------------------

Notwithstanding the foregoing, an active Participant or eligible Executive shall not be eligible to have Company Matching Contributions (if any) deposited and credited to his Vesting Account until the
later of (i) the first pay period beginning after the date on which he is first credited with a year of service and (ii) the first pay period beginning after the date on which he commences participation in this Plan. A year of
service for this purpose means a 12-consecutive month period, beginning on the active Participants or eligible Executives employment commencement date or any anniversary of that date, during which he has at least 1,000 hours of
service. An hour of service for this purpose means an hour with respect to which an active Participant or eligible Executive is entitled to payment for the performance of services for the Company, or entitled to payment even though no
services are performed for the Company (e.g., for periods of paid leave of absence, illness, holiday, layoff, jury duty, etc.). A Participant who satisfies this requirement, Separates from Service, and then again becomes an eligible Executive on
account of reemployment shall be eligible for Company Matching Contributions (if any) upon again becoming an active Participant.

3.2 Inactive Participants. If at a future date an active Participant no longer meets the requirements for participation in this Plan for reasons other than Separation from
Service, the Participant shall become an inactive Participant, retaining all of the rights accorded Participants by this Plan, except the right to make additional deferrals of Compensation and/or Bonus Compensation pursuant to Section 4, and to
have additional Company Matching Contributions (if any) and/or Company Discretionary Contributions (if any) deposited and credited to his Deferral Account or Vesting Account. Such an individual shall remain an inactive Participant unless and until
he again becomes an active Participant by again qualifying as an Executive entitled to participate in this Plan.

Amounts
deposited and credited to an active Participants Vesting Account which are not considered Nonforfeitable shall be forfeited pursuant to Section 5 at the time the Participant no longer meets the requirements for participation on account of
Separation from Service.

Section 4. Deferral of Compensation and Bonus Compensation

4.1 Deferral of Compensation. At the times and in the manner specified below, an active
Participant or an eligible Executive may make an irrevocable election in writing to defer all or a portion of his Compensation until a specified date in the future.



| | (a) | Timing and Nature of Compensation Deferral Election. An active Participant or eligible Executive described in the preceding paragraph may make a
Compensation Deferral Election, prior to December 31 of any calendar year, to defer receipt of any percentage of his Compensation, in whole numbers (e.g., 1%, 7%, etc.), earned during pay periods occurring between January 1 and
December 31 of the following calendar year.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) | Elections by Newly Eligible Executives. Notwithstanding anything in this Section 4.1 to the contrary, an Executive who first becomes
an eligible
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| | Executive during a calendar year (and has not otherwise been eligible to participate in a nonqualified deferred compensation plan of the same type which would be aggregated with this Plan under
Code Section 409A) may make the election described in subsection (a) above, as applicable, within 30 days after the date he first becomes an eligible Executive. Such an election shall be effective only with respect to Compensation earned
after the date of the election.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (c) | Uniform Payroll Deductions. Amounts deferred pursuant to this Section shall be deducted from the Participants Compensation on a uniform basis for
each pay period during the portion of the calendar year to which the Compensation Deferral Election relates.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (d) | Crediting of Deferred Amounts. As soon as practicable after Compensation subject to a Compensation Deferral Election would, but for the provisions of this
Plan, be payable to an active Participant or eligible Executive, the Company shall deposit with the Trustee, and direct the Trustee to credit to his Deferral Account, the amount of the Compensation that the active Participant or eligible Executive
elected to defer.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

4.2 Deferral of Bonus Compensation. At the times and in the
manner specified below, an active Participant or an eligible Executive may make an irrevocable election in writing to defer all or a portion of his Bonus Compensation until a specified date in the future.



| | (a) | Timing and Nature of Bonus Compensation Deferral Election. An Active Participant or eligible Executive described in the preceding paragraph may make a
Bonus Compensation Deferral Election, prior to December 31 of any calendar year, to defer receipt of any percentage (up to 90%) of his Bonus Compensation, in whole numbers (e.g., 1%, 7%, etc.), earned in and payable with respect to the
following calendar year. An active Participant or eligible Executive who elects to defer more than 90% of his Bonus Compensation shall be deemed to have elected to defer 90% of his Bonus Compensation.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) | Elections by Newly Eligible Executives. Notwithstanding anything in this Section 4.2 to the contrary, when an Executive first becomes an eligible
Executive, he may make the election described in subsection (a) above, as applicable (to be applied to the Bonus Compensation earned by and payable to him with respect to the calendar year in which he is first an eligible Executive), within 30
days after the date he first becomes an eligible Executive. Such an election shall be effective only with respect to the portion of the Bonus Compensation earned after the date of the election. The portion of the Bonus Contribution earned after the
date of the election shall be determined by multiplying x times y, where x is such Participants Bonus Compensation for the calendar year and y is a percentage determined by dividing the remaining days of the calendar year by the total number
of days in the calendar year.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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| | (c) | Crediting of Deferred Amounts. As soon as practicable after Bonus Compensation that is subject to a Bonus Compensation Deferral Election would, but for
the provisions of this Plan, be payable to an active Participant or eligible Executive, the Company shall deposit with the Trustee, and direct the Trustee to credit to his Deferral Account, the amount of the Bonus Compensation the active Participant
or eligible Executive elected to defer.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Section 5. Company Discretionary
Contributions

5.1 Company Matching Contributions. At such times and in such amounts as
the Company in its sole discretion may decide, the Company may deposit with the Trustee, a Company Matching Contribution in the amount determined by the Company. Any such discretionary Company Matching Contribution shall be credited to such active
Participants or eligible Executives (i) Deferral Account, if the Company Matching Contribution is entirely Nonforfeitable when made, or (ii) Vesting Account, if the Company Matching Contribution is not entirely Nonforfeitable
when made. See Section 8 for rules concerning whether an amount is considered Nonforfeitable.

EXAMPLE: Participant B is not 100% vested pursuant to the rules in Section 8. He has on file a Compensation
Deferral Election calling for the deferral of 10 percent of his Compensation, per pay period, earned between January 1 and December 31, 1999. For the first pay period in February, 1999, the Company owes Participant B $4,000 in
Compensation. Pursuant to his Deferral Election, the Company deposits $400 with the Trustee, directs the Trustee to credit the $400 to Participant Bs Deferral Account, and pays the balance to Participant B (less applicable withholdings).
Assuming the Company elects to make a nondiscretionary Matching Contribution equal to an amount not to exceed four percent (4%) of the sum of the Compensation and Bonus Compensation payable to the Participant, the Company also deposits with the
Trustee, and the Trustee credits to Participant Bs Vesting Account, a Company Matching Contribution equal to $160, or four percent of the Compensation payable to Participant B for the applicable pay period. Note that if Participant B had been
100% vested pursuant to the rules in Section 8; the discretionary Matching Contribution would have been deposited and credited to his Deferral Account.

EXAMPLE:Assume the same facts as above, except that Participant B also has on file a Bonus Compensation Deferral Election calling for the deferral of 50 percent of his Bonus
Compensation earned in 1999. For the first pay period in April, the Company owes Participant B $4,000 in Compensation, and $8,000 in Bonus Compensation as the Participants bonus for the first calendar quarter of 1999. Pursuant to Participant
Bs Deferral Elections, the Company deposits $4,400 ($400 in Compensation plus $4,000 in Bonus Compensation) with the Trustee, and directs the Trustee to credit this amount to Participant Bs Deferral Account, and pays the balance to
Participant B (less applicable withholdings). The Company also deposits $480 (four percent of the sum of the Compensation and Bonus Compensation payable to Participant B for the applicable pay period)



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with the Trustee, and directs the Trustee to credit that amount to Participant Bs Vesting Account.

5.2 Company Discretionary Contribution. At such times and in such amounts as the Company in its sole discretion may decide, the Company may deposit with the Trustee, and
in writing direct the Trustee to credit, a Company Discretionary Contribution to the Deferral Account or Vesting Account maintained by the Trustee on behalf of one or more Participants. The Company Discretionary Contribution shall be deposited and
credited to a Participants Deferral Account if the Company Discretionary Contribution is entirety Nonforfeitable when made, and shall be deposited and credited to his Vesting Account in other cases.

Section 6. Elections of Timing and Form of Payment

6.1  Electing the Time of Payment.



| | (a) | Compensation and Bonus Compensation. An active Participant or eligible Executive shall, in his Compensation Deferral Election and/or Bonus Compensation
Deferral Election (as the case may be), elect to receive payment of the deferred amount (and earnings thereon):
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (1) | not later than the
15thday of the third month following the calendar year in
which the date of Separation from Service occurs;
| | --- | ------------------------------------------------------------------------------------------------------------------------------

| | 
| | 

| | (2) | on a specified deferral ending date at least two years after the calendar year to which the deferral election applies;
| | --- | ----------------------------------------------------------------------------------------------------------------------

| | 
| | 

| | (3) | the earlier of the dates specified in (1) and (2) above;
| | --- | --------------------------------------------------------



| | (4) | the earlier of the date specified in (1) above, or not later than the 15thday of the third month following the calendar year in which the date of a Change of Control occurs; or
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (5) | the earlier of (i) the date specified in (3) above, or (ii) not later than the
15thday of the third month after a Change of Control.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------

EXAMPLE: Participant A completes a Compensation Deferral Election on December 1, 1998, for
deferral of a portion of his Compensation payable for 1999. Participant A elects to receive his deferred Compensation on July 1, 2002. The election is permissible because his deferral ending date is a date certain, after the second calendar
year that follows the 1999 calendar year, which is the year to which the deferral election relates.

Participant B similarly completes a Compensation Deferral Election form, but elects to receive her deferred
Compensation not later than the 15thday of the third
month following the calendar year in which the date of termination of her employment occurs. The election is permissible.



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Participant C similarly completes a Compensation Deferral Election form
and; like Participant A, selects a deferral ending date of July 1, 2002. But Participant C further elects to receive his deferred Compensation on the earlier of (i) not later than the 15thday of the third month following the calendar year in which the date
of his Separation from Service occurs, and (ii) the July 1, 2002, deferral ending date. The election is permissible.

Participant D similarly completes a Compensation Deferral Election form and, like Participant A, selects a deferral ending date of July 1, 2002. But Participant D further elects to receive his
deferred Compensation on the earlier of (i) not later than the 15thday of the third month following the calendar year in which the date of his Separation from Service occurs, (ii) the July 1, 2002, deferral ending date, or (iii) not later than the
15thday of the third month after a Change of Control. The
election is permissible.



| | (b) | Company Matching Contributions and Discretionary Contributions.
| | --- | ---------------------------------------------------------------



| | (1) | Company Matching Contributions. Any discretionary Company Matching Contribution (and earnings thereon) deposited with the Trustee and credited on behalf
of a Participant on account of his deferral of Compensation and/or Bonus Compensation shall be paid at the time at which is paid the deferred Compensation and/or deferred Bonus Compensation to which such Company Matching Contribution relates.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (2) | Company Discretionary Contributions. Prior to a calendar year with respect to which the Company may deposit with the Trustee, and direct the Trustee to
credit, a Company Discretionary Contribution on behalf of a Participant, an active Participant or Executive may elect, with respect to any such credit of a Company Discretionary Contribution, to receive payment thereof (and earnings thereon), on a
date described in subsections (1), (2), (3), (4) or (5) of subsection (a) above. Such an election will be effective only with respect to a Company Discretionary Contribution that becomes fixed and determined after the date of such
election. In the event no such election is made, the active Participant or eligible Executive shall be deemed to have elected to receive payment of such Company Discretionary Contribution upon Separation from Service.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Notwithstanding the preceding paragraph, an Executive who first becomes an eligible Executive during a calendar year may make the
election described in the preceding paragraph within 30 days after the date he first becomes an eligible Executive.



| | (3) | No Payment of Forfeitable Amounts. Notwithstanding anything in this Section 6.1 to the contrary, payment of Company Matching
| | --- | ----------------------------------------------------------------------------------------------------------------------------



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| | Contributions or Company Discretionary Contributions deposited with the Trustee and credited to a Participants Vesting Account shall be made to the Participant or his Beneficiary only to
the extent such Contributions (and earnings thereon) are considered Nonforfeitable at the time such payment is otherwise due.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (c) | Exceptions. Notwithstanding anything in subsections (a) or (b) above, or in any other provision of the Plan, the following additional rules
apply to the time at which amounts are payable by this Plan:
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (1) | Death of Participant. The balance of a Participants Deferral Account, and the Nonforfeitable balance of his Vesting Account, shall
be paid to the Participants Beneficiary payable in a single, lump-sum payment not later than the 15thday of the third calendar month after the close of the calendar year in which the Participants death occurred.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (2) | Disability of Participant. The balance of a Participants Deferral Account, and the Nonforfeitable balance of his Vesting Account,
shall be paid to the Participant upon the Participants disability (not later than the 15thday of the third calendar month after the close of the calendar year in which Disability occurred). For this purpose, disability of a Participant shall be deemed to have occurred if the
Participant (a) is unable 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 can be expected to last for a continuous period of not
less than 12 months, or (b) is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, receiving income
replacement benefits for a period of not less than 3 months under an accident and health plan covering employees of Company. For purposes of this Plan, it is not necessary that a determination of disability be made by the Social Security
Administration, but a Participant who is determined to be totally disabled by the Social Security Administration shall be deemed to have suffered a disability for purposes of this Plan.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (3) | Unforeseeable Emergency. Upon application by the Participant, distributions from a Participants Deferral Account, and the Nonforfeitable balance of
his Vesting Account, may be paid to the Participant in the event of an Unforeseeable Emergency.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

An
Unforeseeable Emergency will be deemed to have occurred if the payment of benefits is for or on account of a severe financial hardship of the service provider or beneficiary resulting from:



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| | (i) | an illness or accident of the service provider or beneficiary, the service providers or beneficiarys spouse, or the service providers or
beneficiarys dependent (as defined in section 152(a));
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (ii) | loss of the service providers or beneficiarys property due to casualty (including the need to rebuild a home following damage to a home not otherwise
covered by insurance, for example, not as a result of a natural disaster);
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (iii) | the imminent foreclosure of or eviction from the service providers or beneficiarys primary residence;
| | ----- | -------------------------------------------------------------------------------------------------------



| | (iv) | the need to pay for the funeral expenses of a spouse or a dependent; or
| | ---- | -----------------------------------------------------------------------



| | (v) | other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the service provider or beneficiary.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------

Whether a service provider or beneficiary is faced with an unforeseeable emergency permitting a distribution
under this paragraph is to be determined based on the relevant facts and circumstances of each case, but, in any case, a distribution on account of unforeseeable emergency may not be made to the extent that such emergency is or may be relieved
through reimbursement or compensation from insurance or otherwise, by liquidation of the service providers assets, to the extent the liquidation of such assets would not cause severe financial hardship, or by cessation of deferrals under the
arrangement. The payment made pursuant to this subsection shall not exceed the amount the Committee, in its complete discretion, determines is necessary to satisfy the great financial hardship or unforeseeable emergency. In addition, the purchase of
a home and the payment of college tuition are not unforeseeable emergencies.



| | (d) | Final Payment from Trust. The final payment from the Trust to a Participant or Beneficiary may be adjusted to account for prior overpayments or
underpayments attributable to estimates of earnings allocable to prior distributions of deferred Compensation, deferred Bonus Compensation, Company Matching Contributions, and/or Company Discretionary Contributions.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

6.2   Electing the Form of Payment.



| | (a) | Compensation and Bonus Compensation. Each active Participant or eligible Executive shall, in his Compensation and Bonus Compensation
Deferral Elections, elect the form in which the Plan shall pay his deferred
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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| | Compensation and Bonus Compensation (and earnings thereon). Such election of the form of payment shall apply to that Compensation Deferral Election and/or Bonus Compensation Deferral Election (as
the case may be) and earnings thereon. Such an active Participant or eligible Executive may elect that such amounts be paid:
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (1) | in a single lump sum;
| | --- | ---------------------



| | (2) | in five substantially equal annual installments, adjusted annually for earnings on the unpaid balance (payable not later than the 15thday of the third calendar month after the close of each calendar
year); or
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (3) | in ten substantially equal annual installments, adjusted annually for earnings on the unpaid balance (payable not later than the 15thday of the third calendar month after the close of each calendar
year).
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

In the event no such election is made, such amounts shall be paid in a lump sum.



| | (b) | Company Matching Contributions and Discretionary Contributions.
| | --- | ---------------------------------------------------------------



| | (1) | Company Matching Contributions. Any Company Matching Contribution (and earnings thereon) deposited with the Trustee and credited on behalf of a
Participant on account of his deferral of Compensation and/or Bonus Compensation shall be paid in the form in which is paid the deferred Compensation and/or deferred Bonus Compensation to which such Company Matching Contribution relates.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (2) | Company Discretionary Contributions. Each active Participant or eligible Executive shall, in the annual deferral election concerning Company Discretionary
Contributions that the Company may make on his behalf, elect the form in which the Plan shall pay any Company Discretionary Contribution (and earnings thereon) made with respect to the year to which the election relates. The active Participant or
eligible Executive may elect that such amounts be paid in any of the forms described in subsections (1), (2) or (3) in subsection (a) above. In the event no such election is made, such amounts shall be paid in a lump sum.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (c) | Subsequent Changes in Form of Payment.Subject to limitations stated in the next sentence, a Participant may during 2008 change his
election as to the form and timing of payment of deferred Compensation, Bonus Compensation and/or a Company Discretionary Contribution (and earnings thereon). Notwithstanding the foregoing an election that is not an initial election but is made
between January 1, 2008 and December 31, 2008 shall not be effective for benefits payable in 2008. Installment
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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| | payments shall be treated as a series of payments for purposes of the subsequent payment election rules of Code Section 409A. After December 31, 2008, upon application to the Committee,
and with the approval in its sole discretion of the Committee, a Participant may make a subsequent election to receive payment of deferred Compensation, Bonus Compensation and/or a Company Discretionary Contribution (and earnings thereon) in any of
the forms described in paragraphs (1), (2) or (3) of subsection (a) above, notwithstanding the initial election as to form as reflected in the pertinent deferral election form(s), provided that the following conditions are met:
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (1) | such election may not take effect until at least 12 months after the date on which the election is made;
| | --- | --------------------------------------------------------------------------------------------------------



| | (2) | the payments that are subject to such election (excluding payments upon death, disability, unforeseeable emergency or change of control) must be delayed at least 5
years from the date the payments would have otherwise been made; and
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (3) | in the case of a distribution upon a specified date or age, such election is made at least 12 months prior to the date the payment is scheduled to be paid (or in the
case of installment payments, 12 months prior to the date the first amount was scheduled to be paid).
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (d) | Exceptions. Notwithstanding anything in subsections (a), (b) or (c) above, or any other provision of the Plan, the following additional rules
apply to the form in which amounts are payable by this Plan:
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (1) | Death of Participant. Notwithstanding the provisions contained in subsections (a) and (c) of this section upon a Participants death, all
benefits payable under the Plan shall be paid in a single lump sum.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (2) | Disability of Participant. Subject to the requirements of subsections (a) and (c) of this section, a Participant may elect the form in which
payments made pursuant to subsection 6.1(c)(2) shall be made. If the Participant fails to timely make such election, payment shall be made in a single lump sum.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (3) | Unforeseeable Emergency. Payments made pursuant to subsection 6.1(c)(3) shall be made in a single lump sum.
| | --- | -----------------------------------------------------------------------------------------------------------



| | (4) | Specified Employee.Any payment to be made to a Participant upon his or her separation from service while the Participant is a Specified Employee shall be
delayed until the first day of the seventh month following the Participants Separation from Service.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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Section 7. Investment of Deferral and Vesting Accounts

The Deferral Account and Vesting Account maintained by the Trustee on behalf of a Participant shall be credited with
earnings (and losses) resulting from investment by the Trustee. Participants may request that amounts deposited and credited to their respective Deferral Accounts and/or Vesting Accounts be invested in particular investments, chosen from a set of
options established by the Committee. The Participants requests shall not be binding, however, and the Committee, in its sole discretion, may elect to:



| | (a) | instruct the Trustee to decline to honor Participants requests,
| | --- | ----------------------------------------------------------------



| | (b) | direct the Trustee to invest amounts deposited and credited to Deferral Accounts and/or Vesting Accounts in another manner, or
| | --- | ------------------------------------------------------------------------------------------------------------------------------



| | (c) | permit the Trustee to invest amounts deposited and credited to Deferral Accounts and/or Vesting Accounts in the manner the Trustee considers most appropriate.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------

Section 8. Vesting

8.1 Deferral Account. Deferred Compensation, Bonus Compensation, Company Matching Contributions and
Company Discretionary Contributions (and earnings thereon) deposited and credited to an active Participants or eligible Executives Deferral Account shall at all times be considered entirely Nonforfeitable (that is, 100% vested).



| | (a) | Deferred Compensation and Bonus Compensation. In no event shall a Participants Deferred Compensation or Bonus Compensation be deposited and credited
other than to his Deferral Account.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) | Company Matching Contributions. Company Matching Contributions shall be deposited and credited to an active Participants or eligible
Executives Deferral Account only if at the time such Company Matching Contributions are made (i) the active Participant or eligible Executive is 100% vested pursuant to the vesting schedule set forth in Section 8.2(a) below, and the
Committee has not elected to apply additional vesting requirements to such Company Matching Contributions (as described below), or (ii) the active Participant or eligible Executive is not 100% vested pursuant to the vesting schedule set forth
in Section 8.2(a) below, but the Committee has elected to treat such Company Matching Contributions as entirely Nonforfeitable when made, in which event such accelerated vesting of the Company Matching Contributions shall be described by the
Committee in writing, and such writing shall thereafter be considered a part of this Plan.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (c) | Company Discretionary Contributions. Class A Company Discretionary Contributions shall be deposited and credited to an active
Participants or eligible Executives Deferral Account only if at the time such Company Discretionary Contributions are made the active Participant or eligible
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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| | Executive is 100% vested pursuant to the vesting schedule set forth in Section 8.2(a) below.
| | --------------------------------------------------------------------------------------------



| |  | Class B Company Discretionary Contributions shall be deposited and credited to an active Participants or eligible Executives Deferral Account only if at the
time such Company Discretionary Contributions are made the Committee has elected to treat such Company Discretionary Contributions as entirely Nonforfeitable when made, in which event such accelerated vesting of the Company Discretionary
Contributions shall be described by the Committee in writing, and such writing shall thereafter be considered a part of this Plan.
| |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

8.2 Vesting Account. Company Matching Contributions and Company Discretionary Contributions (and earnings thereon) not deposited and credited to an active Participants or
eligible Executives Deferral Account shall be deposited and credited to his Vesting Account. Such amounts shall be considered Nonforfeitable (i.e., vested) according to the rules set forth below.



| | (a) | Company Matching Contributions. Company Matching Contributions (and earnings thereon) deposited and credited to a Participants Vesting Account shall
be considered Nonforfeitable (that is, the Participant shall be considered vested in such amounts) according to the following vesting schedule:
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|                            |  |                          
|--------------------------- |  | -------------------------
|Years of Vesting Service    |  | Nonforfeitable Percentage
|Fewer than 1                |  | 0%                       
|At least 1 but fewer than 2 |  | 25%                      
|At least 2 but fewer than 3 |  | 50%                      
|At least 3 but fewer than 4 |  | 75%                      
|4 or more                   |  | 100%                     

Notwithstanding the
foregoing, the Committee reserves the discretion to apply, with respect to one or more Participants, and/or with respect to such Matching Contributions as the Committee shall designate, a different vesting schedule (discretionary vesting
schedule) which the Committee shall articulate in writing and which shall thereafter be considered part of this Plan.



| | (b) | Company Discretionary Contributions. Class A Company Discretionary Contributions (and earnings thereon) deposited and credited to a
Participants Vesting Account shall be considered Nonforfeitable according the schedule described in (a) above (without regard to the last paragraph thereof).
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Class B Company Discretionary Contributions (and earnings thereon) deposited and credited to a Participants Vesting Account shall
be



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considered Nonforfeitable at the time and in the manner prescribed by the Committee in the writing designating such Contributions as Class B Contributions. Such writing shall thereafter be
considered part of this Plan.



| | (c) | Termination Prior to Vesting.In the event a Participant terminates employment (by death, total and permanent disability, retirement or otherwise)
prior to the date on which the Company Matching Contributions and/or Company Discretionary Contributions (and earnings thereon) deposited and credited to his Vesting Account are considered Nonforfeitable, such forfeitable Contributions shall
thereafter be considered forfeited by the Participant and, to the extent permitted by the agreement and declaration establishing the Trust, shall remain in the Plan and shall be used by the Company to offset the Companys contributions for the
year in which the forfeitures arose or in future years; provided however, that such forfeitures shall at all time be subject to the terms and conditions of the agreement and declaration establishing the Trust, and thus subject to the claims of the
Companys general creditors. A Participant shall not be deemed to have terminated his employment, notwithstanding his failure to perform services for the Company, to the extent he remains on the Companys rolls during a period of
authorized paid or unpaid leave of absence.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Payment of Forfeitable Contributions. In the event
amounts deposited and credited to an active Participants Vesting Account would, but for this subsection, be payable to him prior to the date on which such Contributions are considered Nonforfeitable pursuant to subsections (a) or
(b) above, payment of such Contributions shall be deferred until the date on which such Contributions are considered Nonforfeitable due to additional Vesting Service accrued by the active Participant. Payment shall be made not later than the
15th day of the third calendar month after the close of each calendar year in which such Contributions become Nonforfeitable.

In the event the Participants employment is terminated (by death, total and permanent disability, retirement or otherwise) prior to the date on which such Contributions (and earnings thereon) are
considered as Nonforfeitable, such Contributions shall thereafter be considered forfeited by the Participant and, to the extent permitted by the agreement and declaration establishing the Trust, shall remain in the Plan and shall be used by the
Company to offset the Companys contributions for the year in which the forfeitures arose or in future years; provided however, that such forfeitures shall at all time be subject to the terms and conditions of the agreement and declaration
establishing the Trust, and thus subject to the claims of the Companys general creditors. A Participant shall not be deemed to have terminated his employment, notwithstanding his failure to perform services for the Company, to the extent he
remains on the



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Companys rolls during a period of authorized paid or unpaid leave of absence.

8.3 Vesting Determinations. The Committees determination concerning the extent to-which a Participant or eligible Executive is considered vested, and the
extent to which the Company Matching Contributions and/or Company Discretionary Contributions (and earnings thereon) deposited and credited to a Participants Vesting Account are considered Nonforfeitable shall be final and binding on all
Participants and their Beneficiaries, as described in Section 12.

Section 9. Designation
of Beneficiaries

9.1 General Rule. A Participant may designate a Beneficiary or
Beneficiaries who are to receive upon his death the payments that otherwise would have been paid to him. Subject to the requirements of Section 6.2, such Beneficiary designation may include an election concerning the form in which death
benefits are to be paid by the Plan to the Beneficiary or Beneficiaries. All designations shall be in writing and shall be effective only if and when delivered to the Committee or its designee during the lifetime of the Participant.

9.2 Special Rule for Married Participants. Notwithstanding Section 9.1, the spouse of a married
Participant shall be deemed to be the Participants sole primary Beneficiary, unless the Participant designates a primary Beneficiary other than his spouse and the spouse consents to such designation in writing, on a form the Committee or its
designee shall provide, and the spouses signature is notarized.

9.3 Changing Beneficiary
Designations. Subject to Section 9.2, a Participant may from time to time during his lifetime, change his Beneficiary or Beneficiaries by a written instrument delivered to the Committee or its designee. The term Beneficiary
may include a trust, so long as the trust survives the Participants death.

9.4 Failure to
Designate a Beneficiary. In the event that a Participant is not survived by a Beneficiary, or if for any reason a Beneficiary designation shall be ineffective in whole or in part, the distribution that otherwise would have been paid to such
Participant shall be paid to his estate, and in such event the term Beneficiary shall include his estate.

Section 10. Merger, Consolidation and Sale of Assets

10.1 Merger. In the event the
Company desires to consolidate with, merge into, or transfer all or substantially all of its assets to another entity (hereinafter referred to as a Successor Employer), the Company and such Successor Employer may agree that the Successor
Employer shall assume the Companys obligations under this Plan in whole or in part. In no event shall such merger, consolidation or transfer extinguish the Companys or the Successor Employers obligations to Participants and their
Beneficiaries under this Plan.

10.2 Acquisition by Another Employer. In the event the
Company is sold to another corporation or other party(ies) (New Company), the Company may agree with such New Company that the New Company shall assume the obligations under this Plan in whole or in part. In no event shall such sale
extinguish the Companys or New Companys obligations to Participants and their Beneficiaries under this Plan.



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Section 11. Rights of Participants

Notwithstanding the depositing and crediting of amounts to the Deferral Account and/or Vesting Account maintained by the Trustee on
behalf at a Participant, the right of the Participant, or his Beneficiary, to receive a distribution under this Plan shall be an unsecured claim against the general assets of the Company. Participants and Beneficiaries shall have the status of
general unsecured creditors of the Company. This Plan constitutes a mere promise by the Company to make benefit payments in the future.

The Deferral Account or Vesting Account maintained by the Trustee on behalf of a Participant may not in any way be encumbered or assigned by a Participant or his Beneficiary.

Nothing in this Plan shall give any Participant the right to be retained as an Executive or an employee of the Company, affect the right
of the Company to remove any Executive or employee, or give any Executive or employee (or his Beneficiary) the right to receive a particular amount of Compensation, Bonus Compensation or Company Discretionary Contribution from the Company.

Section 12. Administration

12.1 Administrative Committee. The Committee shall administer the Plan. The Committee may appoint an
administrative committee (the Administrative Committee) to assist it in the administration of the Plan. The Administrative Committee may act on behalf of the Committee with respect to all matters concerning the Plan, except for those
matters the Committee specifically reserves, in this Plan or otherwise, for its own action. The initial members of the Administrative Committee shall be Troy D. Cook and James K. Schwartz. The Board or the Committee may remove, replace, or
appoint members of the Administrative Committee at any time.

12.2 Powers of Administrative
Committee. The Committee shall have the power to interpret the Plan and to determine all questions that arise under it. Such power includes, for example, the discretionary authority necessary to determine eligibility for benefits and to
construe the terms of the Plan. All payments of benefits under the Plan shall be made by the Company or by the Trustee in accordance with the terms of this Plan and the agreement and declaration establishing the Trust. The decision of the
compensation committee upon all matters within the scope of its authority shall be final and binding on all parties, shall be subject to the most deferential standard on review, and shall not be affected by any actual or alleged conflict of
interest. No member of the Committee or the Administrative Committee may act, in his capacity as a member of the Committee or Administrative Committee, with respect to a matter concerning his eligibility or benefits under the Plan.

Section 13. Claims and Appeals

13.1 Claims for Benefits; Initial Processing. Claims for benefits under the Plan normally will be
approved or denied by the Committee within 90 calendar days after they are received by the Committee or its designee. If an extension of time is required to process the claim, the extension will not exceed 90 calendar days, and the claimant shall be
provided notice



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of any extension. The notice shall explain the reason for the extension and when a decision will be made. Claims not resolved prior to the end of the extension may be deemed denied.

13.2Claim Denial. If a claim for benefits is denied (or deemed denied), the Committee or its designee
shall provide the claimant with written notice reflecting the reasons for the denial, with a specific reference to the Plan provisions upon which the decision was based. The notice shall also reflect any additional information that may be necessary
for the claimants claim to be approved.

13.3 Appealing a Denied Claim. A claimant may
appeal the denial of a claim by writing the Committee and stating that he wishes to appeal. In order to be considered, the appeal must be received by the Committee or its designee no more than 90 calendar days after notice of the denial is provided
(or, if no notice is provided, then after the earliest date on which the claimant is entitled to deem the claim denied).

13.4Processing Appeals. If a claimant appeals a denial of a claim, the Board shall review the claim and
any additional information furnished by the claimant. The Board shall decide the appeal within 60 calendar days after it is received, but in unusual circumstances may delay resolution of the appeal for an additional 60 calendar days. The claimant
shall be notified of any delay within 60 calendar days after the appeal is received by the Committee or its designee. After the appeal is decided, the Board shall notify the claimant in writing of its decision, and explain how the appeal was decided
and what Plan provisions were relied upon.

Section 14. Amendments and Termination

14.1 Amendment. The Company in its absolute discretion, without notice, may at any time
and from time to time, modify or amend, in whole or in part, any or all of the provisions of the Plan. No such modification or amendment may, without the consent of a Participant (or his Beneficiary in the case of his death) reduce the right of a
Participant (or his Beneficiary, as the case may be) to the payment of any amount deposited and credited to his Deferral Account and any Nonforfeitable amount deposited and credited to his Vesting Account under the Plan as of the date of such
modification or amendment. Any modification or amendment of the vesting schedule described in Section 8.2 shall not apply to any amounts deposited and credited to a Participants Vesting Account as of the date of such modification or
amendment, unless the Participant otherwise consents in writing.

14.2Suspension and
Termination. The Company in its absolute discretion, without notice, at any time may suspend or terminate the Plan. In addition, the Committee may suspend or terminate an active Participants further participation in the Plan at any
time. Other than earnings on a Participants Deferral Account or Vesting Account credited under Section 7, no additional Compensation or Bonus Compensation may be deferred, and no additional Company Matching Contributions or Company
Discretionary Contributions shall be deposited or credited to the Deferral Account and/or Vesting Account of any Participant following suspension or termination of the Plan, or to such Accounts of an inactive Participant following termination of his
or her participation in the Plan. Upon termination of a Participants participation in the Plan, distribution of a Participants Plan benefit shall be made in the manner and at the time described under the Plans normal provisions.



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Upon suspension of the Plan, distribution of a Participants Plan benefit shall be made
in the manner and at the time described under the Plans provisions, and the Trust shall not terminate until all monies on deposit thereunder are either paid to Participants and their Beneficiaries, or returned to the Employer, as provided for
under the agreement and declaration establishing the Trust. Upon suspension of the Plan, a Participant whose Vesting Account balance includes amounts that are not Nonforfeitable under Section 8 hereof, shall continue to be credited with vesting
service, for purposes of Section 8, for and on account of his service with the Company after suspension of the Plan.

In the event the Company elects to terminate the Plan, all forfeitable amounts then on deposit with and credited to Participants Vesting Accounts shall be deemed Nonforfeitable and, notwithstanding
anything herein to the contrary, all Plan benefits shall be paid in a lump sum not later than the 15thday of the third calendar month after the close of each calendar year in which termination of the Plan occurred. The Company represents and warrants that in the event the Company elects to terminate the
Plan, the Company shall comply with applicable requirements under Code Section 409A and regulations issued thereunder with respect to termination of the Plan.

Section 15. Applicable Laws

The Plan shall
be construed, administered, and governed in all respects under and by the laws of the State of Kansas, to the extent federal law does not apply.

Section 16. 409A Compliance

In the event
that any provision of this Plan shall be determined to contravene Code Section 409A, the regulations promulgated thereunder, regulatory interpretations or announcements with respect to Section 409A, any such provision shall be void and
have no effect and may be amended by the Company without the consent of the Participant, for the purpose of Section 409A compliance. Moreover, this Plan shall be interpreted at all times in such a manner that the terms and provisions of the
Plan comply with Code Section 409A, the regulations promulgated thereunder, and regulatory interpretations or announcements with respect to Section 409A. The Company shall have the authority to void any Participant election hereunder if
necessary to maintain the Plan in compliance with Code Section 409A.

Section 17.
Incompetency

Every person receiving or claiming payments under this Plan shall be conclusively presumed to be mentally
competent until the date on which the Committee or its designee receives written notice, in a form and manner acceptable to the Committee, that such person is incompetent and that a guardian, conservator, or other person, legally vested with the
care of his estate has been appointed. In the event a guardian or conservator or the estate of any person receiving or claiming payments under this Plan shall be appointed by a court of competent jurisdiction, benefit payments may be made to such
guardian or conservator, provided that proper proof of appointment and continuing qualification are furnished in a form and manner acceptable to the Committee or its designee. Any such payment so made shall be a complete discharge of any liability
therefor.



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Section 18. Expenses

Costs of administration of the Plan and all taxes imposed on the Plan or Trust shall be paid by the Company. Participants Deferral
Accounts or Vesting Accounts shall not be reduced for these amounts. Notwithstanding the foregoing, Participants Deferral Accounts and Vesting Accounts shall bear the expense of any and all transaction costs and fees associated with the
investment of their Accounts and any per capita Trustees fee. The aggregate total of any Trustees fees based on the aggregate value of assets in the Trust (both the Group Trust and Individual Trusts) may be apportioned among the Accounts
of Participants on a pro rata (in the proportion that a Participants Account balances bear to the Account balances of other Participants) or per capita basis, in the discretion of the Committee.

Section 19. Notices

Any notice or election required or permitted to be given hereunder shall be in writing. Participant elections shall be in the form prescribed by the Committee, and shall be deemed to be filed with the
Committee:



| | (a) | On the date it is personally delivered to the Committee (or its designee), or
| | --- | -----------------------------------------------------------------------------



| | (b) | Five business days after it is sent by registered or certified mail, addressed to the Committee (or its designee) at the Companys address.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------

Section 20. Withholding and Deductions

All payments made under the Plan by the Company or the Trustee to any Participant or Beneficiary, shall be subject to applicable
withholding and to such other deductions that are required by applicable law, and to the delivery to the Committee (or its designee) or the Trustee of any documents, applications or other information deemed necessary by the Committee or the Trustee,
in their sole-discretion, as a condition precedent to payment.

Section 21. Invalidity of
Provisions

If any provision of the Plan is held or found to be invalid or unenforceable, such invalidity or
unenforceability shall not affect any other provisions hereof, and the Plan shall be construed and enforced as if such provision had not been included. Similarly, in the event any provision of the Plan is held or found to be ineffective or
unenforceable with respect to allowing for the deferral of income taxation as intended by the Plan, such provision shall be severed from the provisions of the Plan that are so effective or enforceable, and such latter provisions shall be considered
to constitute a separate arrangement.

Section 22. Tax Advantages Not Guaranteed

Neither the Company, the Committee, the Administrative Committee, nor any other person guarantees that any particular
Participant or Beneficiary will achieve the tax advantages contemplated by this Plan, and neither the Company, the Committee, the Administrative Committee or any other person indemnifies or holds harmless a Participant or Beneficiary with respect to
liability, whether or not unintended or unforeseen, for income taxes, excise taxes,



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interest and/or penalties, or any other liability, arising from or incurred in connection with this Plan.

In the event any benefits payable hereunder to a Participant or Beneficiary are subjected to taxation prior to the date such benefits are payable under the terms of the Plan, the payment of such benefits
shall be accelerated so that, to the extent practicable, the Participant or Beneficiary receives such benefits in the taxable year in which such amounts are subjected to taxation.

Section 23. Return of Company Contributions

Nothing in this Plan nor the agreement and declaration establishing the Trust shall be construed to prevent the return to the Company of
amounts contributed to the Trust by the Company due to a mistake of fact or law, including (but not limited to) erroneous calculations or erroneous determinations of eligibility.

IN WITNESS WHEREOF, the Company hereby adopts this amendment and restatement of the NPC International, Inc. Deferred Compensation and
Retirement Plan this  day of , 2011.



NPC INTERNATIONAL, INC.By:Title:




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