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| TABLE OF CONTENTS                                                                                                     |
|-----------------------------------------------------------------------------------------------------------------------|
|                                                                                                                  |   |
| SECTION 1 DEFINITIONS  1                                                                                    | 1 |
| 1.1           Definitions                                      | 1 |
| SECTION 2 THE STOCK INCENTIVE AND DEFERRED COMPENSATION PLAN                                                          | 5 |
| 2.1           The Purpose of the Plan                          | 5 |
| 2.2           Stock Subject to the Plan                        | 5 |
| 2.3           Administration of the Plan                       | 5 |
| 2.4           Eligibility                                      | 5 |
| SECTION 3 ANNUAL OPTIONS AWARDS                                                                                       | 5 |
| 3.1           Grants of Annual Options                         | 5 |
| 3.2           Annual Options                                   | 6 |
| 3.3           Rights as a Shareholder                          | 7 |
| 3.4           Restrictions on Transfer of Annual Option Shares | 7 |
| SECTION 4 RESTRICTED STOCK AWARDS                                                                                     | 8 |
| 4.1           Awards                                           | 8 |
| 4.2           Shares Subject to Each Award                     | 8 |
| 4.4           Escrow of Shares                                 | 8 |
| 4.5           Limitations on Transfer                          | 9 |
| 4.6           Withholding                                      | 9 |
| SECTION 5 DEFERRAL OF COMPENSATION                                                                                    | 9 |
| 5.1           Deferral to Deferred Compensation Accounts       | 9 |
| 5.2           Revocation of Elections                          | 10 |
| 5.3           Revocation of Prior Elections                    | 10 |
| SECTION 6 DEFERRED COMPENSATON ACCOUNTS                                                                               | 10 |
| 6.1           Establishment of Accounts                        | 10 |
| 6.2           Crediting of Deferrals                           | 10 |
| 6.3           Crediting Income                                 | 10 |
| 6.4           Distribution of Accounts                         | 10 |
| 6.5           Distribution upon Death                          | 11 |
| 6.6           Statement of Account                             | 11 |
| 6.7           Participant’s Rights Unsecured             | 11 |
| SECTION 7 STOCK AWARDS AND GRANT OF OPTIONS                                                                           | 12 |
| 7.1           Elections to Purchase Shares                     | 12 |
| 7.2           Number of Shares Issued                          | 12 |
| 7.3           Option Grants                                    | 13 |
| 7.4           Option Term                                      | 13 |
| 7.5           Payment                                          | 13 |
| 7.6           Restrictions on Transfer and Exercise of Options | 13 |
| 7.7           Cessation of Future Activity                     | 14 |
| SECTION 8 GENERAL PROVISIONS                                                                                          | 14 |
| 8.1           Changes in Capitalization; Merger; Liquidation   | 14 |
| 8.2           Right to Remove Director                         | 15 |
| 8.3.          Restrictions on Delivery and Sale of Shares; Legends  | 15 |
| 8.4           Non-alienation of Benefits                       | 15 |
| 8.5           Termination and Amendment of the Plan            | 15 |
| 8.6           Stockholder Approval                             | 16 |
| 8.7           Choice of Law                                    | 16 |
| 8.8           Effective Date of Plan                           | 16 |

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