----

|           |                               | PAGE                                                                                   |
|----------------|------------------------------------|----------------------------------------------------------------------------------------|
| SECTION      1 | ESTABLISHMENT      AND PURPOSE     | 1                                                                                      |
|           | 1.1                                | Establishment      of Plan                                                             | 1 |
|           | 1.2                                | Purpose      of the Plan                                                               | 5 |
|           |                               |                                                                                   |   |
| SECTION      2 | DEFINITIONS                        | 5                                                                                      |
|           | 2.1                                | Definitions                                                                            | 5 |
|           | 2.2                                | Gender      and Number                                                                 | 8 |
|           |                               |                                                                                   |   |
| SECTION      3 | ELIGIBILITY      AND PARTICIPATION | 8                                                                                      |
|           | 3.1                                | Eligibility                                                                            | 8 |
|           | 3.2                                | Participation                                                                          | 9 |
|           | 3.3                                | No      Guarantee of Employment                                                        | 10 |
|           |                               |                                                                                   |   |
| SECTION      4 | BENEFITS                           | 10                                                                                     |
|           | 4.1                                | Annual      Makeup Award                                                               | 11 |
|           | 4.2                                | Salary      Deferral                                                                   | 12 |
|           | 4.3                                | Bonus      Deferral                                                                    | 12 |
|           | 4.4                                | Severance      Deferral                                                                | 12 |
|           | 4.5                                | Non-Qualified      Stock Option Gain Deferral                                          | 12 |
|           | 4.6                                | Retirement      Benefit                                                                | 13 |
|           | 4.7                                | Benefit      Allocations and Maintenance of Accounts                                   | 14 |
|           | 4.8                                | Date      of Benefit Commencement                                                      | 15 |
|           | 4.9                                | Form      of Benefit Payment - Executive Deferral Account                              | 17 |
|           | 4.10                               | Form      of Payment -  Retirement Benefits                                  | 18 |
|           | 4.11                               | Benefit      Payments Upon Participant’s Death                                   | 18 |
|           | 4.12                               | Benefit      Payment Upon Disability                                                   | 20 |
|           | 4.13                               | Benefit      Payments Upon Termination Other Than Retirement, Death or      Disability | 20 |
|           | 4.14                               | Hardship      and Unscheduled Benefit Payments                                         | 20 |
|           | 4.15                               | Cessation      of Deferrals Permitted by IRS Notice 2005-1                             | 21 |
|           | 4.16                               | Elections      Permitted by IRS Notice 2005-1                                          | 22 |
|           |                               |                                                                                   |   |
| SECTION      5 | ADMINISTRATION                     | 22                                                                                     |
|           | 5.1                                | Administration      of Plan                                                            | 22 |
|           | 5.2                                | Uniform      Rules                                                                     | 23 |
|           | 5.3                                | Notice      of Address                                                                 | 24 |
|           | 5.4                                | Correction      of Errors                                                              | 24 |
|           | 5.5                                | Claims      Procedure                                                                  | 24 |
|           | 5.6                                | Change      of Law                                                                     | 27 |
|           | 5.7                                | Tax      Withholding                                                                   | 28 |
|           | 5.8                                | Generation-Skipping      Tax                                                           | 28 |
|           |                               |                                                                                   |   |
| SECTION      6 | GENERAL      PROVISIONS            | 29                                                                                     |
|           | 6.1                                | Nonassignability                                                                       | 29 |
|           | 6.2                                | Incompetency                                                                           | 29 |
|           | 6.3                                | Employment      Rights                                                                 | 30 |
|           | 6.4                                | No      Individual Liability                                                           | 30 |
|           | 6.5                                | Illegality      of Particular Provision                                                | 30 |
|           | 6.6                                | Contractual      Obligations                                                           | 30 |
|           | 6.7                                | Counterparts                                                                           | 31 |
|           | 6.8                                | Evidence                                                                               | 31 |
|           | 6.9                                | Action      by Company                                                                 | 31 |
|           | 6.10                               | Notice                                                                                 | 31 |
|           |                               |                                                                                   |   |
| SECTION      7 | AMENDMENT      AND TERMINATION     | 31                                                                                     |
|           | 7.1                                | Amendment and Termination                                                              | 31 |
|           | 7.2                                | Reorganization      of the Company                                                     | 32 |
|           | 7.3                                | Prohibition      on Material Modifications                                             | 32 |
|           |                               |                                                                                   |   |
| SECTION      8 | APPLICABLE      LAWS               | 32                                                                                     |
|           | 8.1                                | Applicable Laws                                                                        | 32 |

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| 1.1   | Establishment      of Plan |
|-----------------|----------------------------|

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----

----

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| 1.2   | Purpose      of the Plan |
|-----------------|--------------------------|

| 2.1   | Definitions |
|-----------------|-------------|

| (A)   | “Annual Incentive Award”      means the annual award received by a Participant under      the  ALLETE Executive Annual Incentive Plan or any predecessor      plan. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (B)   | “Change in Control”      means change of control of ALLETE, Inc. as defined in the ALLETE Executive      Long Term Incentive CompensationPlan. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (C)   | “Committee” means the      the Employee Benefit Plans Committee appointed by the Board or delegates      of the Employee Benefit Plans Committee with authority to administer the      Plan as provided under Section 5.1. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (D)   | “Company” means ALLETE,      Inc., and any other affiliated company which adopts this Plan by action of      its Board of Directors and is consented to by the Compensation Committee      of the ALLETE Board of Directors. A list of such companies shall be      maintained by ALLETE. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (E)   | “Compensation” means the      Participant’s earnings during a calendar year, before any reduction      pursuant to Code Sections 125, 132(f)(4), or 401(k).  It does      not include overtime compensation, if any, bonuses, Annual Incentive      Awards and Other Awards, expenses, allowances, commission payments (except      when regular compensation consists wholly or in part of commissions, in      which case commission payments are included), employer contributions or      awards under this Plan or other employee benefit plans, imputed income      (whether such imputed income is from vehicle use, life insurance premiums,      or any other source) payments made pursuant to the Results Sharing      Program, payment of stock options and performance shares under the Long      Term Incentive Compensation Plan, and any other payments of a similar      nature.  In the case of a Participant who is employed jointly by      the Company and an affiliated company (as defined in the RSOP),      Compensation as defined herein shall include amounts received from all      such companies. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (F)   | “Deferred Stock Unit”      means the units credited to a Participant which correspond to the number      of shares the Participant deferred in accordance with Section      4.5. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (G)   | “Eligible Surviving      Spouse” means surviving spouse as defined in the Company’s      Retirement Plan A. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------|

| (H)   | “Executive Deferral Account” or      “EDA” or “Account” means the account where deferrals pursuant to      Sections 4.1, 4.2, 4.3, 4.4 and 4.5 are  credited. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (I)   | “Other Award” means an      annual award received by the Participant as approved by the Committee and      which is not the Annual Incentive Award described in Subsection 2.1(A),      and does not include a severancebenefit. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (J)   | “Pay” means the annual      salary as of October 1 of the year prior to the year for which the      allocation is attributed to under Section 4.1 of this  Plan. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (K)   | “Participant” is defined      in Section 3. |
|-----------------|---------------------------------------------------------|

| (L)   | “Retire” or“Retirement” means a      Participant’s termination of employment after attaining “Early Retirement      Age” or “Normal Retirement Age” defined as the earliest date under any      qualified retirement plan of the Participant’s  employer. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (M)   | “Retirement Benefit”      means the benefit payable to a Participant pursuant to the Plan by reason      of the Participant’s Retirement with the Company described in Section      4.6. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (N)   | “Retirement Plan A”      means the Minnesota Power and Affiliated Companies Retirement Plan      A. |
|-----------------|-----------------------------------------------------------------------------------------------------------------|

| (O)   | “Retirement Savings and Stock      Ownership Plan” or “RSOP” means the Minnesota Power and Affiliated      Companies Retirement Savings and Stock Ownership  Plan. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (P)   | “SERP II” means the      ALLETE and Affiliated Companies Supplemental Executive Retirement Plan      II. |
|-----------------|----------------------------------------------------------------------------------------------------------------------|

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| (Q)   | “Stock Option Gain Shares      Deferral Election” means the annual election made by the      Participant in accordance with Section4.5. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------|

| (R)   | “Supplemental Salary Reduction      Agreement” means an agreement entered into by a Participant and the      Company in December of a fiscal year under which the Participant      irrevocably agrees to forego compensation that would otherwise be paid to      the Participant during the next fiscalyear. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (S)   | “Valuation Date” means      each date on which the Accounts are valued as provided in Subsection      4.7(C). |
|-----------------|---------------------------------------------------------------------------------------------------------------------------|

| 2.2   | Gender      and Number |
|-----------------|------------------------|

| 3.1   | Eligibility |
|-----------------|-------------|

| (A)   | For      benefits under Section 4.1, 4.2, 4.3 and 4.4, an employee in management      salary grade or other employees as approved by the Committee, who      participates in the ALLETE Executive Annual Incentive Plan or is eligible      to receive an Other Award, shall be eligible to participate in this Plan      beginning with the first calendar year in which such employee becomes      eligible to receive Annual Incentive Awards or Other    Awards. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| i.   | The      Participant is in the employment of the Company on the last day of the      calendar year; |
|----------------|-----------------------------------------------------------------------------------------------------|

| ii.   | The      Participant died while employed by the Company during such calendar      year; |
|-----------------|-----------------------------------------------------------------------------------------|

| iii.   | The      Participant Retired during such calendaryear; |
|------------------|--------------------------------------------------------|

| iv.   | The      Participant is disabled and is receiving benefit payments under the      Company’s Long-Term Disability Benefit Plan during such calendar year;      or |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| v.   | The      Participant was on leave of absence at the close of such calendar year and      received Compensation from the Company during such  year. |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------|

| (B)   | For      benefits under Section 4.5, senior executive employees are eligible as      approved by the Company’s Board of Directors.  Effective January      20, 2003, no additional employees are eligible for the benefits provided      under Section 4.5. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (C)   | For      benefits under Section 4.6, employees who received an Annual Incentive      Award or Other Awards while in ALLETE management salary grades SA –      SM. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.2   | Participation |
|-----------------|---------------|

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| 3.3   | No      Guarantee of Employment |
|-----------------|---------------------------------|

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| 4.1   | Annual      Makeup Award |
|-----------------|--------------------------|

| (A)   | Flexible Dollar Makeup.      An amount equal to the sum of (a) 2% plus (b) the Participant’s life      insurance percentage under the Minnesota Power and Affiliated Companies      Flexible Compensation Program for nonunion employees, multiplied by the      following: (i) the total of the Participant’s Annual Incentive Award and      Other Awards for such year, plus (ii) any amount of the Participant’s      annual Pay not included in calculating benefits under the Minnesota Power      and Affiliated Companies Flexible Compensation Program for nonunion      employees for such year due to limitations under Internal Revenue Service      (IRS) Code Section 404(l). |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (B)   | RSOP Allocation Makeup.      An amount equal to the applicable Partnership allocation percent      being contributed under Section 4.4(c) of the RSOP of the      following: |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a)   | the      total of the Participant’s Annual Incentive Award and Other Award for such      year, plus |
|-----------------|-----------------------------------------------------------------------------------------------------------|

| (b)   | the      amount of the Participant’s Compensation not included in calculating      benefits under the RSOP due to limitations under IRS Code Section      404(l). |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (C)   | RSOP Match Allocation      Makeup.  An amount equal to 50% of the amount deferred by      the Participant under Section 4.2 of this Plan plus any amount deferred      under Section 5.1 of the RSOP, provided, however, that for any calendar      year, such match shall not apply to any amount deferred by a Participant      in excess of the amount specified in Subsection 4.4(e) of the RSOP of the      Participant’s Compensation plus Annual Incentive Award and Other      Award.  Such amount shall be reduced by any amount being      contributed by the Company under Subsection 4.4(e) of the      RSOP. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2   | Salary      Deferral |
|-----------------|----------------------|

| 4.3   | Bonus      Deferral |
|-----------------|---------------------|

| 4.4   | Severance      Deferral |
|-----------------|-------------------------|

----

| 4.5   | Non-Qualified      Stock Option Gain Deferral |
|-----------------|-----------------------------------------------|

| 4.6   | Retirement      Benefit |
|-----------------|-------------------------|

| (A)   | The      monthly Retirement Benefit that would be provided by Retirement Plan A      if: |
|-----------------|------------------------------------------------------------------------------------------|

| (1)   | any      annual salary limitation in calculating benefits under Retirement Plan A      due to the limitation imposed by any provision of the Code      Section 404(l) did not exist, and the limitation on annual benefits      contained in Code Section 415 did notexist. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | Effective      through December 31, 2003, the largest sum of four Annual Incentive Awards      and Other Awards plus Results Sharing (if any)  during any      consecutive 48-month period in the most recent 15-year period had been      added to the final average earning calculation in Subsection 2.1(q) of      Retirement Plan A and such calculation was then reduced by any Results      Sharing and Other Awards included in the calculation of final average      earnings in Subsection 2.1(q) of Retirement Plan A. The periods covering      final average earnings and the four consecutive Annual Incentive Awards      and Other Awards plus Results Sharing need not cover the same 48-month      period. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (B)   | Less      the actual monthly retirement benefit provided by Retirement      Plan A. |
|-----------------|------------------------------------------------------------------------------------------|

| (C)   | To      determine the amount to be credited to the Participants, the resulting      difference of (A) less (B) (provided the difference is greater than zero)      is multiplied by 12, and the result is multiplied by a      factor.  Such factor is calculated by first determining a 60%      joint and survivor benefit  using the respective employee and      spouse ages; second, by adjusting for cost of living as described in      Section 4.8 of Retirement Plan A and each of the components is multiplied      by 50% and the results are added together.  The change in the      consumer price index shall be assumed to change after the Participant’s      Retirement at the same average annual rate as the change in the consumer      price index for the five-year period ending on the later of the June 30 or      the December 31 immediately preceding Retirement. The interest rate to be      used in determining the present value and the monthly annuity shall be an      annual percentage rate of 8% or such other rate as determined by the      Committee. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.7   | Benefit      Allocations and Maintenance ofAccounts |
|-----------------|-----------------------------------------------------|

| (A)   | The      amounts specified in Sections 4.1 and 4.3 shall be allocated to      the  Participant as soon as administratively practicable after      the end of the Plan Year. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (B)   | The      amounts specified in Sections 4.2, 4.4 and 4.5 shall be allocated as soon      as administratively practicable, but no later than the month following the      end of the month in which the benefit was earned by the      Participant. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (C)   | The      Company shall establish and maintain, in the name of each Participant, an      individual account to be known as the Executive Deferral Account (herein      referred to as “EDA” or “Account”). The Committee shall determine the      investment funds (known as Investment Funds) available under the Plan and      may add or delete Investment Funds from time to time. Account      contributions under Sections 4.1, 4.2, 4.3, and 4.4 may be credited in the      same manner as if actually invested in the manner identified by the      Participant’s election among Investment Funds as directed by the      Participant.  Account additions under Section 4.5 shall be      credited to the Participant’s Deferred Stock Unit account within the      EDA. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (D)   | The      Account of each Participant shall be entered on the books of the Company      and shall represent a liability, payable when due under this Plan, out of      the general assets of the Company. Prior to benefits becoming due      hereunder, the Company shall expense the liability for payment of such      accounts in accordance with policies determined appropriate by the      Company’s auditors. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.8   | Date      of Benefit Commencement |
|-----------------|-----------------------------------|

| (A)   | Executive      Deferal Account Election |
|-----------------|-----------------------------------------|

| (1)   | All      amounts credited to a Participant’s Account under Section 4.1, 4.2, 4.3,      4.4, and Deferred Stock Units under Section 4.5, shall be distributed      pursuant to an election submitted by the Participant. Elections under this      4.8 must be made in writing to the Committee prior to the end of the      calendar year preceding the year in which benefits are      earned.  Participants who become eligible during the Plan Year      shall make their election upon becoming eligible.  If no      election has been received herein, or the Participant Retires or dies      prior to the benefit allocation, the allocation for such Plan Year shall      be paid in cash. If a Participant transfers to an ineligible status during      the calendar year, any such award specified in Section 4.1 and or 4.3      shall be paid in cash. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (a)   | in      cash (either partially or totally); |
|-----------------|---------------------------------------------|

| (b)   | deferred      to a date specified by the Participant (at which time such benefit amounts      shall be paid as a lump sum, with the latest deferral date to be no later      than April 1 following a Participant attaining age 70 ½);      or |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | deferred      to the earlier to occur of the followingevents: |
|-----------------|---------------------------------------------------------------|

| (i)   | Retirement      or at the time when a disabled Participant is no longer eligible to      receive benefits under the applicable employer’s  long-term      disability benefit plan or, if elected, up to five years after Retirement      but in no event later than April 1 following a Participant attaining      age 70 ½. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | Death      of the Participant. |
|------------------|--------------------------------|

| (iii)   | Termination      of the Participant’s employment other than at Retirement or long-term      disability. |
|-------------------|---------------------------------------------------------------------------------------------------------------|

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| (B)   | Commencement      of Retirement Benefits. |
|-----------------|-------------------------------------------|

| 4.9   | Form      of Benefit Payment - Executive DeferralAccount |
|-----------------|----------------------------------------------------------|

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| 4.10   | Form      of Payment -  RetirementBenefits |
|------------------|------------------------------------------------------|

| 4.11   | Benefit      Payments Upon Participant’s Death |
|------------------|------------------------------------------------------|

----

| (a)   | If      the designated beneficiary is the Eligible Surviving Spouse, the payment      as elected by the Participant pursuant to Section 4.9 & 4.10 will be      paid to the beneficiary beginning  the month following the date      of death of the Participant, except if the benefit elected under Section      4.10 is a life annuity, the surviving spouse will receive 60% of the      Participant’s life annuity benefit for the remainder of the beneficiary’s      life. If the Participant has elected a distribution to commence prior to      Retirement, the Company shall pay the remaining payments to the      Participant’s beneficiary in the same manner and at the same time as if      the Participant had lived to receive such payments, subject to the      conditions set forth in thisSection. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | If      the designated beneficiary is anyone other than the Eligible Surviving      Spouse, the remaining benefit payments shall be paid in a lump sum in the      month following the month of the Participant’s death, except if the      benefit elected under Section 4.10 is a life annuity, the payments      end. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 4.12   | Benefit      Payment Upon Disability |
|------------------|--------------------------------------|

| 4.13   | Benefit      Payments Upon Termination Other Than Retirement, Death or      Disability |
|------------------|----------------------------------------------------------------------------------------|

| 4.14   | Hardship      and Unscheduled Benefit Payments |
|------------------|------------------------------------------------|

| (A)   | A      Participant who has demonstrated a severe financial need as approved by      the Committee may request a lump sum distribution of all or any portion of      their EDA.   Partial distributions will be taken pro rata      from the Participant’s EDA sub-accounts.  However, if a      Participant has commenced payment of benefits, the hardship distribution      will be the entire remainingbalance. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (B)   | A      Participant may elect at any time prior to the time that the first payment      from his or her account would otherwise be paid, to withdraw in a single      lump sum all, or a specified portion of the balance of his or her      Executive Deferral Account.  A Participant may also make an      election at any time subsequent to the start of installment payments from      his or her Executive Deferral Account.  Withdrawals under this      Section will be reduced in amount by an early withdrawal penalty equal to      ten percent of the amount requested, which will be deducted from the      amount paid to the Participant and forfeited by the Participant to the      Company. Written notice of election to withdraw under this Section stating      the lump sum amount withdrawn shall be sent to the Company, and payment of      the early withdrawal shall be made by the Company within thirty days of      receipt of written notice. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.15   | Cessation      of Deferrals Permitted by IRS Notice2005-1. |
|------------------|------------------------------------------------------------|

----

| 4.16   | Elections      Permitted by IRS Notice 2005-1. |
|------------------|------------------------------------------------|

| 5.1   | Administration      of Plan |
|-----------------|-----------------------------|

| (A)   | Administrator.  The      Employee Benefit Plans Committee shall administer the      Plan.  Notwithstanding the foregoing, the Committee may delegate      any of its duties to such other person or persons from time-to-time as it      may designate. Members of the Employee Benefit Plans Committee may      participate in the Plan; however, any individual serving on the Employee      Benefit Plans Committee shall not vote or act on any matter relating      solely to himself or herself. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (B)   | Duties.  The      Committee is authorized to construe and interpret all provisions of the      Plan, and the Committee is authorized to remedy any errors,      inconsistencies or omissions, to resolve any ambiguities, to adopt rules      and practices concerning the administration of the Plan, and to make any      determinations and calculations necessary or appropriate      hereunder.  The Company shall pay all expenses and liabilities      incurred in connection with Planadministration. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (C)   | Agents.  The      Committee may engage the services of accountants, attorneys, actuaries,      investment consultants, and such other professional personnel as are      deemed necessary or advisable to assist in fulfilling the Committee’s      responsibilities.  The Committee, the Company and the Board may      rely upon the advice, opinions or valuations of any such      persons. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (D)   | Binding Effect of      Decisions.  The decision or action of the Committee with      respect to any question arising out of or in connection with the      administration, interpretation and application of the Plan and the rules      and regulations promulgated hereunder shall be final, conclusive and      binding upon all persons having any interest in the      Plan.  Neither the Committee, its delegates, nor the Board shall      be personally liable for any good faith action, determination or      interpretation with respect to the Plan, and each shall be fully protected      by the Company in respect of any such action, determination or      interpretation. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (E)   | Employer      Information.  To enable the Committee to perform its      duties, the Company shall supply full and timely information to the      Committee on all matters relating to the compensation of Plan      Participants, the date and circumstances of the Participant’s Retirement,      death, disability or Termination, and other pertinent information as the      Committee may reasonably require. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2   | Uniform      Rules |
|-----------------|--------------------|

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| 5.3   | Notice      of Address |
|-----------------|------------------------|

| 5.4   | Correction      of Errors |
|-----------------|---------------------------|

| 5.5   | Claims      Procedure |
|-----------------|-----------------------|

| (A)   | Presentation of      Claim.  Any Participant or Beneficiary of a deceased      Participant (such Participant or Beneficiary being referred to below as a      “Claimant”) may file with the Committee a written claim for a      determination with respect to Plan benefits.  The claim must      state with particularity the determination desired by the      Claimant. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (B)   | Notification of      Decision.  The Committee shall consider a Claimant’s      claim, and within 90 days after the claim is received, shall notify the      Claimant in writing: |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (1)   | That      the claim has been allowed in full;or |
|-----------------|-------------------------------------------------|

| (2)   | That      the claim has been denied, in whole or in part, and such notice must set      forth in a manner calculated to be understood by the    Claimant: |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (a)   | The      specific reason(s) for the denial of the claim, or any part of      it; |
|-----------------|----------------------------------------------------------------------------------|

| (b)   | Specific      reference(s) to pertinent provisions of the Plan upon which such denial      was based; |
|-----------------|-------------------------------------------------------------------------------------------------------|

| (c)   | A      description of any additional material or information necessary for the      Claimant to perfect the claim, and an explanation of why such material or      information is necessary; and |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | An      explanation of the claim review procedures and time limits, including a      statement of the Claimant’s right to initiate a civil action pursuant to      section 502(a) of ERISA following an adverse determination upon      review. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3)   | If      the Committee determines that an extension of time for processing is      required, written notice of the extension shall be furnished to the      Claimant prior to termination of the original 90-day period.  In      no event shall such extension exceed 90 days from the end of such initial      period. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4)   | In      the case of a claim for disability benefits, the Committee shall notify      the Claimant, in accordance with Section 5.5(B)(2) above, within 45 days      after the claim is received.  The notification shall advise the      Claimant whether the Committee’s denial relied upon any specific rule,      guideline, protocol or scientific or clinical  judgment. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5)   | In      the case of a claim for disability benefits, if the Committee determines      that an extension of time for processing is required due to matters beyond      the control of the Plan, written notice of the extension shall be      furnished to the Claimant prior to termination of the original 45-day      period.  Such extension shall not exceed 30 days from the end of      the initial period.  If, prior to the end of the first 30-day      extension period, the Committee determines that, due to matters beyond the      control of the Plan, an additional extension of time for processing is      required, written notice of a second 30-day extension shall be furnished      to the Claimant prior to termination of the first 30-day      extension. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (C)   | Review of a Denied      Claim.  Within 90 days after receiving a notice from the      Committee that a claim has been denied, in whole or in part, a Claimant      (or the Claimant’s duly authorized representative) may file a written      request for a review of the denial of the claim and of pertinent      documents.  The Claimant (or the Claimant’s duly authorized      representative): |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (1)   | May      request reasonable access to, and copies of, all documents, records, and      other information relevant to the claim, which shall be provided to      Claimant free of charge; |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | May      submit written comments or other documents;and |
|-----------------|---------------------------------------------------------|

| (D)   | Decision on      Review.  The Committee shall review all comments or other      documents submitted by the Claimant relating to the claim, without regard      to whether such information was submitted or considered in the initial      benefit determination.  The Committee shall render its decision      on review promptly, and not later than 60 days after the filing of a      written request for review of the denial (or, if other special      circumstances require additional time and written notice of such extension      and circumstances is given to the Claimant within the initial 60-day      period).  The Committee shall notify the Claimant, in language      calculated to be understood by theClaimant: |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (1)   | That      the claim has been allowed in full;or |
|-----------------|-------------------------------------------------|

| (2)   | That      the claim has been denied, in whole or in part, and such notice must set      forth: |
|-----------------|------------------------------------------------------------------------------------------------|

----

| (a)   | Specific      reasons for the decision; |
|-----------------|-----------------------------------------|

| (b)   | Specific      reference(s) to the pertinent Plan provisions upon which the decision was      based; |
|-----------------|-----------------------------------------------------------------------------------------------------|

| (c)   | A      statement that Claimant is entitled to reasonable access to, and copies      of, all documents, records or other information relevant to the claim upon      request and free of charge; |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | A      statement regarding the Claimant’s right to initiate an action pursuant to      section 502(a) of ERISA; and |
|-----------------|---------------------------------------------------------------------------------------------------------------------------|

| (e)   | Such      other matters as the Committee deemsrelevant. |
|-----------------|---------------------------------------------------------|

| (3)   | In      the case of a claim for disability benefits, the notice shall set      forth: |
|-----------------|---------------------------------------------------------------------------------------|

| (a)   | Whether      the Committee’s denial relied upon any specific rule, guideline, protocol      or scientific or clinical judgment;and |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | The      following statement: “You and your Plan may have other voluntary      alternative dispute resolution options, such as mediation.  One      way to find out what may be available is to contact your local U.S.      Department of Labor Office and your State insurance regulatory      agency.” |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (E)   | Other      Remedies.  A Claimant’s compliance with the foregoing      procedures is a mandatory prerequisite to a Claimant’s right to pursue any      other remedy with respect to any claim relating to this    Plan. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.6   | Change      of Law |
|-----------------|--------------------|

----

| 5.7   | Tax      Withholding |
|-----------------|----------------------|

| 5.8   | Generation-Skipping      Tax |
|-----------------|------------------------------|

----

| 6.1   | Nonassignability |
|-----------------|------------------|

| 6.2   | Incompetency |
|-----------------|--------------|

----

| 6.3   | Employment      Rights |
|-----------------|------------------------|

| 6.4   | No      Individual Liability |
|-----------------|------------------------------|

| 6.5   | Illegality      of Particular Provision |
|-----------------|-----------------------------------------|

| 6.6   | Contractual      Obligations |
|-----------------|------------------------------|

----

| 6.7   | Counterparts |
|-----------------|--------------|

| 6.8   | Evidence |
|-----------------|----------|

| 6.9   | Action      by Company |
|-----------------|------------------------|

| 6.10   | Notice |
|------------------|--------|

| 7.1   | Amendment      and Termination |
|-----------------|--------------------------------|

----

| 7.2   | Reorganization      of the Company |
|-----------------|------------------------------------|

| 7.3   | Prohibition      on Material Modifications |
|-----------------|--------------------------------------------|

| 8.1   | Applicable      Laws. |
|-----------------|-----------------------|

----

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

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