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|           |                                | PAGE                                                                    |
|----------------|-------------------------------------|-------------------------------------------------------------------------|
|           |                                |                                                                    |   |
| ARTICLE      1 | Establishment      and Purpose      | 2                                                                       |
|           |                                |                                                                    |   |
| ARTICLE      2 | Administration                      | 2                                                                       |
|           | 2.1                                 | Administrator                                                           | 2 |
|           | 2.2                                 | Duties                                                                  | 2 |
|           | 2.3                                 | Agents                                                                  | 2 |
|           | 2.4                                 | Binding      Effect of Decisions                                        | 2 |
|           | 2.5                                 | Company      Information                                                | 3 |
|           |                                |                                                                    |   |
| ARTICLE      3 | Participation                       | 3                                                                       |
|           |                                |                                                                    |   |
| ARTICLE      4 | Deferrals                           | 3                                                                       |
|           | 4.1                                 | Annual      Deferral Election                                           | 3 |
|           | 4.2                                 | Cancellations      of Deferral Elections due to Unforeseeable Emergency | 3 |
|           |                                |                                                                    |   |
| ARTICLE      5 | Accounts      and Investments       | 4                                                                       |
|           | 5.1                                 | Establishment      of Accounts                                          | 4 |
|           | 5.2                                 | Timing      of Credits to Accounts                                      | 4 |
|           | 5.3                                 | Vesting                                                                 | 4 |
|           | 5.4                                 | Investments                                                             | 4 |
|           | 5.5                                 | Valuation      Date                                                     | 4 |
|           |                                |                                                                    |   |
| ARTICLE      6 | Distributions                       | 4                                                                       |
|           | 6.1                                 | Distributions                                                           | 4 |
|           | 6.2                                 | Additional      Distribution Rules                                      | 5 |
|           | 6.3                                 | Subsequent      Changes in Time and Form of Payment                     | 6 |
|           |                                |                                                                    |   |
| ARTICLE      7 | Payment      Acceleration and Delay | 6                                                                       |
|           | 7.1                                 | Permitted      Accelerations of Payment                                 | 6 |
|           | 7.2                                 | Permissible      Distribution Delays                                    | 7 |
|           | 7.3                                 | Suspension      Not Allowed                                             | 8 |
|           |                                |                                                                    |   |
| ARTICLE      8 | Beneficiary      Designation        | 8                                                                       |
|           | 8.1                                 | Beneficiary                                                             | 8 |
|           | 8.2                                 | No      Beneficiary Designation                                         | 8 |

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|            |                          |                                     |   |
|-----------------|-------------------------------|------------------------------------------|--------|
|            |                          | PAGE                                     |
|            |                          |                                     |   |
| ARTICLE      9  | Claims      Procedures        | 8                                        |
|            |                          |                                     |   |
| ARTICLE      10 | Amendment      or Termination | 8                                        |
|            |                          |                                     |   |
| ARTICLE      11 | Miscellaneous      Provisions | 9                                        |
|            | 11.1                          | Unsecured      General Creditor          | 9      |
|            | 11.2                          | Trust      Fund                          | 9      |
|            | 11.3                          | Section      409A Compliance             | 9      |
|            | 11.4                          | Company’s      Liability           | 9      |
|            | 11.5                          | Nonassignability                         | 9      |
|            | 11.6                          | No      Right to Board Position          | 10     |
|            | 11.7                          | Incompetency                             | 10     |
|            | 11.8                          | Furnishing      Information              | 10     |
|            | 11.9                          | Notice                                   | 10     |
|            | 11.10                         | Gender      and Number                   | 10     |
|            | 11.11                         | Headings                                 | 10     |
|            | 11.12                         | Applicable      Law and Construction     | 10     |
|            | 11.13                         | Invalid      or Unenforceable Provisions | 10     |
|            | 11.14                         | Successors                               | 10     |
|            |                          |                                     |   |
| ARTICLE      12 | Definitions                   | 11                                       |

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| 2.1 | Administrator. |
|-----|----------------|

| 2.2 | Duties. |
|-----|---------|

| 2.3 | Agents. |
|-----|---------|

| 2.4 | Binding      Effect of Decisions. |
|-----|-----------------------------------|

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| 2.5 | Company      Information. |
|-----|---------------------------|

| 4.1 | Annual      Deferral Election. |
|-----|--------------------------------|

| 4.2 | Cancellations      of Deferral Elections due to Unforeseeable    Emergency. |
|-----|-----------------------------------------------------------------------------|

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| 5.1 | Establishment      of Accounts. |
|-----|---------------------------------|

| 5.2 | Timing      of Credits to Accounts. |
|-----|-------------------------------------|

| 5.3 | Vesting. |
|-----|----------|

| 5.4 | Investments. |
|-----|--------------|

| 5.5 | Valuation      Date. |
|-----|----------------------|

| 6.1   | Distributions. |
|-----------------|----------------|

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| 6.1.1   | Specified      Year.  A Director may elect to receive a distribution of      Deferrals in a Specified Year, which may be no earlier than the third Plan      Year beginning after the date on which the Director initially elects to      receive a distribution in a Specified Year.  Except as otherwise      provided in this subsection or in Section 6.3, once a Director has elected      to receive a distribution in a Specified Year, the Director may not elect      to receive a distribution in a different Specified      Year.  Beginning during the year preceding a Specified Year      previously elected by the Director, the Director may elect to receive a      distribution of Deferrals in a later Specified Year, subject, however, to      the restrictions of this subsection.  All amounts distributable      in a Specified Year will be paid in a single lump  sum. |
|-------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.1.2   | Separation      from Service.  A Director may elect to receive a      distribution of Deferrals commencing upon Separation from Service or      during any of the first five years following the year of the Separation      from Service.  A Director may elect to receive the distribution      in the form of a lump sum, annual installments over a period of five (5),      ten (10), or fifteen (15) years, or a combination of both a lump sum and      installments. |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.1.3   | Unforeseeable      Emergency.  A Director may submit a written request for a      distribution on account of an Unforeseeable Emergency.  Upon      approval by the Administrator of a Director’s request, the Director’s      Account, or that portion of the Director’s Account deemed necessary by the      Administrator to satisfy the Unforeseeable Emergency plus amounts      necessary to pay taxes reasonably anticipated because of the distribution,      will be distributed in a single lump sum in a manner consistent with      Section 409A. |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2   | Additional      Distribution Rules. |
|-----------------|-------------------------------------|

| 6.2.1   | Default      Time and Form of Payment.  If a      Director fails timely to elect a time and form of payment, the Director’s      Account will be distributed upon any Separation from Service in the form      of a single lump sum payment. |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2.2   | Rules      Applicable to All Distributions.  Except as      otherwise provided in this section, if a Director has elected to receive a      distribution commencing upon a Distribution Event, or if the distribution      is required upon Separation from Service, the distribution will commence      between the date of the Distribution Event and the end of the year in      which the Distribution Event occurs.  If a Director has elected,      or is required, to receive a distribution commencing upon a Distribution      Event, and the Distribution Event occurs on or after October 1 of a Plan      Year, the distribution may, to the extent permitted by Section 409A,      commence after the Distribution Event and on or before the 15th      day of the third calendar month following the Distribution Event, even if      after the end of the year during which the Distribution Event occurs;      provided, however, the Director will not be permitted, directly or      indirectly, to designate the taxable year of the      distribution.  If a Director has elected to receive a      distribution commencing during any of the first five years following a      Separation from Service, the distribution will commence during the year      elected by the Director.  If a Director has elected to receive a      distribution in a Specified Year, the distribution will occur during the      Specified Year.  Any distribution that complies with this      section shall be deemed for all purposes to comply with the Plan      requirements regarding the time and form of  distributions. |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 6.2.3   | Installment      Payments.  If a      Director elects to receive distributions in annual installments, the      Director’s Account will be paid in substantially equal installments in      consecutive years over the period elected by the      Director.  During the distribution period the Director’s Account      will be credited with interest compounded monthly at a rate of 7.5% per      year.  Each annual installment will be paid during the Plan Year      in which it is due.  Any installment distribution that complies      with this section shall be deemed for all purposes to comply with the Plan      requirements regarding the time and form of  distributions. |
|-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2.4   | Death      After Commencement of Distributions.  Upon the      death of a Director after distributions of the Director’s Account have      commenced, the balance of the Director’s Account will be distributed to      the Director’s Beneficiary at the same times and in the same forms that      the Account would have been distributed to the Director if the Director      had survived. |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.3   | Subsequent      Changes in Time and Form of Payment. |
|-----------------|------------------------------------------------------|

| 7.1 | Permitted      Accelerations of Payment. |
|-----|------------------------------------------|

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|   | 7.1.1 | Compliance      with Ethics Laws or Conflicts of Interests Laws.  The      Administrator may, in its sole discretion, accelerate the time or schedule      of a payment to the extent necessary to avoid the violation of any      applicable Federal, state, local, or foreign ethics law or conflicts of      interest law as provided in Treasury Regulations section      1.409A-3(j)(4)(iii)(B). |
|--------|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7.1.2 | Small      Accounts.  The      Administrator may, in its sole discretion, distribute the Director’s      Account in a single lump sum provided: (i) the distribution results in the      payment of the Director’s entire Account and all other account balance      plans required to be aggregated with the Director’s Account pursuant to      Section 409A and (ii) the total distribution does not exceed the      applicable dollar limit under Code section 402(g)(1)(B).  The      Administrator shall notify the Director in writing if the Administrator      exercises its discretion pursuant to this  Section. |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7.1.3 | Settlement      of a Bona Fide Dispute.  The      Administrator may, in its sole discretion, accelerate the time or schedule      of a distribution as part of a settlement of a bona fide dispute between      the Director and the Company over a Director’s right to a distribution      provided that the distribution relates only to the deferred compensation      in dispute and the Company is not experiencing a downturn in financial      health. |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.2 | Permissible      Distribution Delays. |
|-----|---------------------------------------|

|   | 7.2.1 | If      the distribution would jeopardize the Company’s ability to continue as a      going concern, provided that the delayed distribution is distributed in      the first calendar year in which the distribution would not have such      effect. |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7.2.2 | If      the distribution would violate Federal securities or other applicable      laws, provided that the delayed distribution is distributed at the      earliest date at which the Administrator reasonably anticipates that the      distribution will not cause suchviolation. |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | 7.2.3 |  If      calculation of the distribution is not administratively practicable due to      events beyond the control of the Director, provided that the delayed      distribution is paid in the first calendar year in which the calculation      of the distribution is administratively  practicable. |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.3 | Suspension      Not Allowed. |
|-----|------------------------------|

| 8.1 | Beneficiary. |
|-----|--------------|

| 8.2 | No      Beneficiary Designation. |
|-----|----------------------------------|

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| 11.1 | Unsecured      General Creditor. |
|------|----------------------------------|

| 11.2 | Trust      Fund. |
|------|------------------|

| 11.3 | Section      409A Compliance. |
|------|-------------------------------|

| 11.4 | Company’s      Liability. |
|------|---------------------------------|

| 11.5 | Nonassignability. |
|------|-------------------|

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| 11.6 | No      Right to Board Position. |
|------|----------------------------------|

| 11.7 | Incompetency. |
|------|---------------|

| 11.8 | Furnishing      Information. |
|------|------------------------------|

| 11.9 | Notice. |
|------|---------|

| 11.10 | Gender      and Number. |
|-------|-------------------------|

| 11.11 | Headings. |
|-------|-----------|

| 11.12 | Applicable      Law and Construction. |
|-------|---------------------------------------|

| 11.13 | Invalid      or Unenforceable Provisions. |
|-------|-------------------------------------------|

| 11.14 | Successors. |
|-------|-------------|

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|   | Its: | Chairman,      President and Chief ExecutiveOfficer |
|--------|------|-----------------------------------------------------|

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