Exhibit 10.51

# REMINGTON ARMS CO.,
INC.

# DEATH BENEFIT PLAN

This plan is effective this
1st day of January 2001.

# WITNESSETH THAT:

WHEREAS, Remington Arms Co., Inc.,
(the Corporation) recognizes the valuable services heretofore performed for it
by the employees who participate under the Remington Arms Incentive Compensation Plan
other than those employees who are officers covered under the Remington Supplemental
Pension Plan or who are designated as ineligible by the President of the Company (the
Employees) and wishes to encourage their continued employment;

WHEREAS, a Corporations welfare
benefit plan already provides a death benefit equal to one times base salary and the
Corporation wishes to adopt a plan which will provide a supplemental death benefit to the
Employees designated beneficiary after the Employees death; and

WHEREAS, this plan is intended to be
an unfunded arrangement, maintained primarily to provide death benefits for the Employees,
members of a select group of management or highly compensated employees of the
Corporation, for purposes of the Employee Retirement Income Security Act of 1974, as
amended (ERISA).

NOW, THEREFORE, the terms of the plan
are as follows:

|1. | DEATH BENEFIT.
|-- | --------------

|a) | In the event of the death of the Employee while employed by the Corporation, the
          Corporation shall thereafter pay to the Employees designated beneficiary,
          two times the Employees base salary over a period of four years,
          one-forty-eighth of such sum is payable in each monthly installment, commencing
          with the first day of the month beginning after the anniversary of the
          Employees death.
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|b) | An Employees designated beneficiary under this plan shall be same as the
          Employees beneficiary under the Corporations welfare benefit plan
          which provides life insurance through UNUM (or its successor).
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|2. | NON-COMPETITION DURING EMPLOYMENT. In consideration of the payments to be made
          by the Corporation pursuant thereto, Employee shall devote substantially all of
          his time, skill, diligence and attention to the business of the Corporation, and
          will not actively engage, either directly or indirectly, in any business or
          other activity adverse to the best interest of the business of the Corporation.
          In the event that the Corporation, in its discretion, determines that an
          employee violated this Section 2., the Employee shall not be entitled to any
          benefit under this plan.
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|3. | BENEFIT CONTINGENT ON CONTINUED EMPLOYMENT; NO CONTRACT OF EMPLOYMENT.
|-- | ----------------------------------------------------------------------

|a) | In the event that the employment of the Employee by the Corporation is
          terminated for any reason other than his death, the Employee will have no
          benefit payable under this plan.
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|b) | Nothing contained herein shall be construed to be a contract of employment for
          any term of years, nor as conferring upon the Employee the right to continue to
          be employed by the Corporation, in any capacity. It is expressly understood by
          the Employees that this plan relates exclusively to a death benefit for the
          Employees services, and is not intended to be an employment contract.
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4. | NO TRUST CREATED. Nothing contained in this plan, and no action taken pursuant
          to its provisions by the Corporation or an Employee shall create or be construed
          to create, a trust of any kind, or a fiduciary relationship between the
          Corporation and the Employee, the Employees designated beneficiary or any
          other person.
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|5. | BENEFITS PAYABLE ONLY FROM GENERAL CORPORATE ASSETS; UNSECURED GENERAL CREDITOR
          STATUS OF EMPLOYEE.
|-- | -------------------------------------------------------------------------------------------------------------

|a) | The payments to the Employees designated beneficiary hereunder shall be
          made from assets which shall continue, for all purposes, to be a part of the
          general, unrestricted assets of the Corporation; no such person, shall have nor
          acquire any interest in any such assets by virtue of the provisions of this
          plan. The Corporation under the provisions hereof, such right shall be no
          greater than the right of any unsecured general creditor of the Corporation; no
          such person shall have nor require any legal or equitable right, interest or
          claim in or to any property or assets of the Corporation.
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|b) | In the event that, in its discretion, the Corporation purchases an insurance
          policy or policies insuring the life of the Employee (or any other property) to
          allow the Corporation to recover, in whole, or in part, the cost of providing
          the benefits hereunder, neither the Employee nor any of his designated
          beneficiaries shall have or acquire any right whatsoever therein or in the
          proceeds there from. The Corporation shall be the sole owner and beneficiary of
          any such policy or policies, and, as such, shall posses and may exercise all
          incidents of ownership therein. No such policy, policies or other property shall
          be held in any trust for the employee or any other person nor as collateral
          security for any obligation of the Corporation hereunder.
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|6. | NON-ASSIGNABILITY OF BENEFITS. Neither the Employee nor his designated
          beneficiary under this plan shall have any power or right to transfer, assign,
          anticipate, hypothecate or otherwise encumber any part or all of the amounts
          payable hereunder. Such amounts shall not be subject to seizure by any creditor
          or any such beneficiary, by a proceeding at law or in equity, nor transferable
          by operation of law in the event of the bankruptcy, insolvency or death of the
          Employee, his designated beneficiary, or any other beneficiary hereunder. Any
          such attempted assignment or transfer shall be void and shall terminate the
          Employees eligibility under this plan; and the Corporation shall thereupon
          have no further liability hereunder.
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|7. | DETERMINATION OF BENEFITS, CLAIMS PROCEDURE AND ADMINISTRATION.
|-- | ---------------------------------------------------------------

|a) | Claim
|-- | -----

A person who believes that he is
being denied a benefit to which he is entitled under the Plan (hereinafter referred to as
a Claimant) may file a written request for such benefit with the Corporation,
setting forth his claim. The request must be addressed to the President of the Corporation
at its then principal place or business.

b)
                    Claim Decision

Upon receipt of a claim, the
Corporation shall advise the Claimant that a reply will be forthcoming within ninety (90)
days and shall, in fact, deliver such reply within such period. The Corporation may,
however, extend the reply period for an additional ninety (90) days for reasonable cause.
The President of the Corporation shall have discretionary authority on behalf of the
Corporation to construe and interpret the plan, to decide all questions of plan
eligibility, to determine the amount, manner and time of payment of any benefits under the
plan, and to remedy ambiguities, inconsistencies or omissions. The Secretary of the
Corporation shall have discretionary authority to decide appeals of the Presidents
determinations.

If a claim is denied in whole or in
part, the Corporation shall adopt a written opinion, using language calculated to be
understood by the Claimant, setting forth:

| | 1. | The specific reason or reasons for such denial;
| | -- | -----------------------------------------------

| | 2. | The specific reference to pertinent provisions of this plan on which such denial
               is based;
| | -- | ---------------------------------------------------------------------------------------------------------

| | 3. | A description of any additional material or information necessary for the
               Claimant to perfect his claim and an explanation why such material or
               information is necessary;
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 4. | Appropriate information as to the steps to be taken if the Claimant wishes to
               submit the claim for review; and
| | -- | -----------------------------------------------------------------------------------------------------------------------------

| | 5. | The time limits for requesting a review under subsection (c) and for review
               under subsection (d) hereof.
| | -- | -----------------------------------------------------------------------------------------------------------------------

| | c) | Request for Review.
| | -- | -------------------

Within sixty (60) days after the
receipt by the Claimant of the written opinion described above, the Claimant may request
in writing that the Secretary of the Corporation review the determination of the
Corporation. Such request must be addressed to the Secretary of the Corporation, at its
then principal place of business. The Claimant or his duly authorized representative may,
but need not, review the pertinent documents and submit issues and comments in writing for
consideration by the Corporation. If the Claimant does not request a review of the
Corporations determination by the Secretary of the Corporation within such sixty
(60) day period, he shall be barred and stopped from challenging the Corporations
determination.

d)    
                    Review of Decision

Within sixty (60) days after the
Secretarys receipt of a request for review, he will review the Corporations
determination. After considering all materials presented by the Claimant, the Secretary
will render a written opinion, written in a manner calculated to be understood by the
Claimant, setting forth the specific reasons for the decisions and containing specific
references to the pertinent provisions of this plan on which the decision is based. If
special circumstances require that the sixty (60) day time period be extended, the
Secretary will so notify the Claimant and will render the decision as soon as possible,
but no later than one hundred twenty (120) days after receipt of the request for review.

|8. | AMENDMENT. This plan may not be amended, altered or modified, except by a
          written instrument signed by the President of the Company and may not be
          otherwise terminated except as provided herein.
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|9. | INUREMENT. This plan shall be binding upon and inure to the benefit of the
          Corporation and its successors and assigns, and the Employee, his successors or
          assigns, and may not be otherwise terminated except as provided herein.
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10. | NOTICES. Any notice, consents or demand required or permitted to be given under
          the provisions of this plan shall be in writing, and shall be signed by the
          party giving or making the same. If such notice, consent or demand is mailed to
          a party herto, it shall be send by United States certified mail, postage
          prepaid, addressed to such partys last known address as shown on the
          records of the Corporation. The date of such mailing shall be deemed the date of
          notice, consent or demand.
|--- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|11. | GOVERNING LAW. This plan, and the rights of the Employees hereunder, shall be
          governed by and construed in accordance with ERISA and, to the extent not
          governed by ERISA or other federal law, the laws of the State of North Carolina.
|--- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

_________________

IN WITNESS WHEREOF, the Corporation
has hereby executed this plan, as of the day and year first above written.

`Remington Arms Co., Inc.

                                                              ______________________________

                                                              By:___________________________
                                                              Its:  President`