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| (a) | Compensation      Deferral Account means the portion of the Participant's Account      attributable to Compensation Deferrals, and the earnings      thereon. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Employer      Discretionary Account means the portion of the Participant's      Account attributable to Employer Discretionary Credits, and the earnings      thereon. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | Employer      Matching Account means the portion of the Participant's Account      attributable to Employer Matching Credits, and the earnings      thereon. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d) | Employer      Profit-Sharing Account means the portion of the Participant's      Account attributable to Employer Profit-Sharing Credits, and the earnings      thereon. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e) | ESOP      Account means the portion of the Participant’s Account attributable      to ESOP Credits, and the earningsthereon. |
|-----|------------------------------------------------------------------------------------------------------------------------------------|

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| (a) | “Normal      Retirement Age” under the Profit Sharing Plan – age 65;  or |
|-----|--------------------------------------------------------------------------------------------|

| (b) | Effective      on and after January 1, 2008, “Early Retirement Age” under the Profit      Sharing Plan – age 60 and completing at least 5 years of      service. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a) | The      Participant is unable to engage in any substantial gainful activity by      reason of any medically determinable physical or mental impairment that      can be expected to result in death or can be expected to last for a      continuous period of not less than twelve (12)  months. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | The      Participant is, by reason of any medically determinable physical or mental      impairment that can be expected to result in death or can be expected to      last for a continuous period of not less than twelve (12) months,      receiving income replacement benefits for a period of not less than three      (3) months under an accident and health plan covering employees of a      Participating Employer. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | The      Participant is determined to be totally disabled by the Social Security      Administration. |
|-----|-------------------------------------------------------------------------------------------------------|

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| (a) | General      Rule.  Except as otherwise provided in this Section, an      election to defer receipt of Compensation for services to be performed      during a calendar year must be made no later than the December 31      preceding the calendar year during which the Participant will perform      services. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | First Year of      Eligibility.  In the case of the first year in which an      Executive becomes eligible to participate in the Plan, an initial deferral      election must be made not later than thirty (30) days after the date the      employee becomes eligible to participate in the Plan.  Such      election shall apply only with respect to compensation paid for services      to be performed subsequent to theelection. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a) | A      Participant may elect to have the amounts credited to his or her Account      for a particular Plan Year, and any earnings thereon, distributed      following his Termination of Service at or after Retirement Age in one of      the following methods:  a lump sum, installments over a period      of five (5) years, or installments over a period of ten (10)      years.  Notwithstanding the foregoing, such election shall be      subject to the special Code Section 409A transition rules set forth in      Section 13.14 below. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Such      election shall be made each year at the same time the Participant makes      the deferral election in accordance with Section 4.01 for that Plan      Year. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | If      the Participant does not make a distribution election with respect to a      particular Plan Year, then he or she will be deemed to have elected to      receive amounts credited to his or her Account for that year in a single      lump sum payment. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a) | The      Committee may permit a Participant to cancel a deferral election during a      calendar year if it determines either of the following circumstances has      occurred: |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | The      Participant has an “unforeseeable emergency” as defined in Section 7.01      below or a hardship distribution (pursuant to Treasury Regulation      §1.401(k)-1(d)(3)) from a 401(k) plan sponsored by a Participating      Employer.  If approved by the Committee, such cancellation shall      take effect as of the first payroll period next following approval by the      Committee. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (ii) | The      Participant incurs a disability.  If approved by the Committee,      such cancellation shall take effect no later than the end of the calendar      year or the 15th day of the third month following the date Participant      incurs a disability.  Solely for purposes of this clause (ii), a      disability refers to any medically determinable physical or mental      impairment resulting in the Participant’s inability to perform the duties      of his or her position or any substantially similar position, where such      impairment can be expected to result in death or can be expected to last      for a continuous period of not less than six  months. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | If      a Participant cancels a deferral election during a calendar year, he or      she will not be permitted to make a new deferral election with respect to      Compensation relating to services performed during the same calendar      year. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a) | The      amount of Compensation deferred by a Participant shall be credited to the      Participant’s Compensation Deferral Account as soon as possible following      the date such Compensation  would, but for the Participant’s      deferral election, be payable to the  Participant. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | The      Compensation Deferrals, and the earnings thereon, credited to the      Participant’s Compensation Deferral Account shall be immediately 100%      vested and nonforfeitable at alltimes. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (a) | As      of each date the Company makes a contribution under the Profit Sharing      Plan, the Company shall credit each eligible Participant with the amount,      if any, that would have been allocated to the Participant’s Profit Sharing      Plan account if |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | he      had not been excluded from participation in the Profit Sharing      Plan, |
|--------|-----|-----------------------------------------------------------------------------------|

|   | (ii) | the      Company had increased its Profit Sharing Plan contribution by the amount      of the Participant’s allocation,and |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | the      Internal Revenue Code provisions limiting his Profit Sharing Plan      allocation did not apply. |
|--------|-------|-----------------------------------------------------------------------------------------------------------|

| (b) | A      Participant shall not be eligible to have Employer Profit-Sharing Credits      credited to his or her Account for a Plan Year  unless |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the      Participant has completed at least one year of service (as defined in the      Profit Sharing Plan); and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------|

|   | (ii) | the      Participant is continuously employed by a Participating Employer as an      active employee during the entire Plan Year (or if shorter, during the      portion of the Plan Year commencing as of the date he or she was first      designated as eligible to participate in the  Plan). |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a) | As      of each date the Company makes a contribution to the ESOP for plan years      ending on or before December 31, 2006, the Company shall credit each      eligible Participant with the amount, if any, that would have been      allocated to the Participant’s ESOP accountif |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | he      had not been excluded from participation in the  ESOP, |
|--------|-----|----------------------------------------------------------------|

|   | (ii) | the      Company had increased its ESOP contribution by the amount of the      Participant’s allocation, and |
|--------|------|--------------------------------------------------------------------------------------------------------------------|

|   | (iii) | the      Internal Revenue Code provisions limiting his ESOP allocation did not      apply. |
|--------|-------|--------------------------------------------------------------------------------------------|

| (b) | A      Participant shall not be eligible to have ESOP Credits credited to his or      her Account for a Plan Yearunless |
|-----|-------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the      Participant has been completed at least one year of service (as defined in      the ESOP); and |
|--------|-----|---------------------------------------------------------------------------------------------------------|

|   | (ii) | the      Participant is continuously employed by a Participating Employer as an      active employee during the entire Plan Year (or if shorter, during the      portion of the Plan Year commencing as of the date he or she was first      designated as eligible to participate in the  Plan). |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (a) | As      of each December 31 of each plan year for which the Company makes an      employer matching contribution under the 401(k) Plan, the Company shall      credit each eligible Participant with the amount, if any, that would have      been allocated to the Participant's Employer Matching Contribution account      under the 401(k) Plan if |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | he      had not been excluded from eligibility to receive an Employer Matching      Contribution under the 401(k) Plan because he was a highly compensated      employee who held the title vice president or above with respect to the      Company as of any day in the plan year on or before the allocation      date; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | he      contributed the amount that he actually contributed to the 401(k) Plan      during the plan year; |
|--------|------|-----------------------------------------------------------------------------------------------------------|

|   | (iii) | he      received compensation during the plan year equal to compensation as that      term is defined in the 401(k) Plan;and |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | the      Company made the employer matching contribution under the 401(k) Plan      employer matching contribution formula on an annual basis as of December      31. |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | A      Participant shall not be eligible to have Employer Matching Credits      credited to his or her Account for a Plan Year  unless |
|-----|----------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the      Participant has completed at least one year of service (as defined in the      401(k) Plan); and |
|--------|-----|-----------------------------------------------------------------------------------------------------------|

|   | (ii) | the      Participant is continuously employed by a Participating Employer as an      active employee (A) during the entire Plan Year (or if shorter, during the      portion of the Plan Year commencing as of the date he or she was first      designated as eligible to participate in the Plan) or (B) during the Plan      Year until his or her death, Total Disability, or Retirement      Age. |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a) | Vesting of Employer      Profit-Sharing Account, Employer Matching Account, and ESOP      Account.  Except as provided in paragraph (c) and subject      to Article 9, the amounts credited to a Participant’s Employer      Profit-Sharing Account, Employer Matching Account and ESOP Account shall      become vested to the extent his or her Profit Sharing Plan account is      vested (or would have been vested if he had not been excluded from the      Profit Sharing Plan). |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Vesting in Employer      Discretionary Account.  Except as provided in paragraph      (c) and subject to Article 9, the amounts credited to a Participant’s      Employer Discretionary Account shall become vested in accordance with such      vesting schedule and requirements as may be adopted by the      Committee. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (c) | Vesting Upon Change of      Control.  All participants shall be vested fully in their      Account values in the event of a Change of Control of the      Company. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | acquisition      of the beneficial ownership of at least 51% of the voting securities of      Weis Markets, Inc. by any individual or other person or group of persons      who have agreed to act together for the purpose of acquiring, holding,      voting or disposing of such securities;or |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | any      merger or consolidation of Weis Markets, Inc., or transfer of all or      substantially all of its assets to a buyer, in which stockholders of Weis      Markets, Inc. before such merger, consolidation or transfer do not own      more than 51% of the outstanding voting power of the surviving entity      following such transaction. |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (a) | The      amount credited to a Participant’s Account shall be deemed to be invested      and reinvested in life insurance, annuities, mutual funds, stocks, bonds,      securities, and any other assets or investment vehicles, as may be      selected by the Committee in its sole  discretion. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | A      Participant, by electing to participate in this Plan, agrees on behalf of      himself or herself and his or her designated beneficiaries, to assume all      risk in connection with any increase or decrease in value of the      investments that are deemed to be held in his or her      account.  Each Participant further agrees that the Committee and      the Participating Employers shall not in any way be held liable for any      investment decisions or for the failure to make any investments by the      Committee. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (a) | For      purposes of this Section, an “unforeseeable emergency” is a severe      financial hardship to the Participant resulting from an illness or      accident of the Participant, the Participant’s spouse, or the      Participant’s dependent (as defined in Code Section 152(a)); loss of the      Participant’s property due to casualty (including the need to rebuild a      home following damage to a home not otherwise covered by insurance); or      other similar extraordinary and unforeseeable circumstances arising as a      result of events beyond the control of the  Participant. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | The      circumstances that will constitute an unforeseeable emergency will depend      upon the facts of each case, but, in any case, payment may not be made to      the extent that such hardship is or may be  relieved: |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | through      reimbursement or compensation by insurance or  otherwise; |
|--------|-----|------------------------------------------------------------------------|

|   | (ii) | by      liquidation of the Participant’s assets, to the extent the liquidation of      such assets would not itself cause severe financial hardship;      or |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | by      cancellation of Compensation Deferrals under the  Plan. |
|--------|-------|-----------------------------------------------------------------|

| (a) | Termination of Service Prior to      Retirement Age.  In the event that a Participant      Terminates Service prior to attaining his or her Retirement Age for any      reason other than death or becoming Totally Disabled, the vested balance      credited to his or her Account will be distributed to the Participant in a      single lump sum during the calendar year following the calendar year in      which the Participant’s Termination of Service  occurs. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Termination of Service At or      After Retirement Age.  In the event that a Participant      Terminates Service at or after attaining his or her Retirement Age for any      reason other than death or becoming Totally Disabled, the vested balance      credited to his or her Account will be distributed to the Participant in      the form or forms of payment elected by the Participant pursuant to      Section 4.03, subject to the followingrules: |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (i) | Distribution      in a single lump sum payment will be made during the calendar year      following the calendar year in which the Participant’s Termination of      Service occurs. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | The      first annual installment shall be based on the value of the Account as of      the December 31st      next following the event occasioning such distribution.  Each      subsequent annual installment shall be paid as soon as practicable after      the annual anniversary of such initial valuation date, based on the value      of the affected Account as determined at the applicable subsequent      valuation date.  Each annual installment shall be determined by      dividing the value of the affected Account, determined in accordance with      the foregoing, by the number of annual installments due and not yet      distributed. |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | Each      annual installment payment shall be treated as a separate payment for      purposes of Code Section 409A. |
|--------|-------|---------------------------------------------------------------------------------------------------------------------|

|   | (iv) | Notwithstanding      the foregoing, if the balance credited to the Participant’s Account as of      the valuation date is less than $50,000, then distribution will be made in      a single lump sum payment. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a) | Prior to Commencement of      Payment.  In the event a Participant becomes Totally      Disabled or dies at any time prior to the commencement of payment under      this Article 7, then the balance credited to the Account will be      distributed in a single lump payment to the Participant or his or her      designated beneficiary (as the case may be) as soon as administratively      practicable following the date on which the Participant is determined to      be Totally Disabled or submission of proof of death satisfactory to the      Committee, as applicable. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | After Payment      Commences.  In the event a Participant becomes Totally      Disabled or dies at any time after the commencement of payment under this      Article 7, then the balance credited to the Account will be distributed in      a single lump payment to the Participant or his or her designated      beneficiary (as the case may be) as soon as administratively practicable      following the date on which the Participant is determined to be Totally      Disabled or submission of proof of death satisfactory to the Committee, as      applicable. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (c) | the      Participant’s employment with a Participating Employer has been terminated      for Cause, or |
|-----|--------------------------------------------------------------------------------------------------------------|

| (d) | the      Participant is engaged in any business or practice or become employed in      any position, which the Committee, in its sole discretion, deems to be in      competition with the services provided by the  Company, |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (a) | To      make and enforce such rules and regulations as it deems necessary or      proper for the administration of thePlan; |
|-----|-----------------------------------------------------------------------------------------------------------------------------|

| (b) | To      interpret the Plan and to decide all questions, including questions of      fact, concerning the Plan; |
|-----|----------------------------------------------------------------------------------------------------------------|

| (c) | To      determine the eligibility of any person to participate in the Plan, and to      determine the amount and the recipient of any payments to be made under      the Plan; |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d) | To      designate and value any investments deemed held in the      Accounts; |
|-----|-------------------------------------------------------------------------------|

| (e) | To      appoint such agents, counsel, accountants, consultants and other persons      as may be required to assist in administering the Plan;  and |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------|

| (f) | To      make all other determinations and to take all other steps necessary or      advisable for the administration of thePlan. |
|-----|----------------------------------------------------------------------------------------------------------------------------------|

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| (a) | An      election to change the form of payment of payment made on or after January      1, 2005 and on or before December 31, 2005 may apply only to amounts that      would not otherwise be payable in 2005 and may not cause an amount to be      paid in 2005 that would not otherwise be payable in  2005; |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | An      election to change the form of payment of payment made on or after January      1, 2006 and on or before December 31, 2006 may apply only to amounts that      would not otherwise be payable in 2006 and may not cause an amount to be      paid in 2006 that would not otherwise be payable in  2006; |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | An      election to change the form of payment of payment made on or after January      1, 2007 and on or before December 31, 2007 may apply only to amounts that      would not otherwise be payable in 2007 and may not cause an amount to be      paid in 2007 that would not otherwise be payable in 2007;    and |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d) | An      election to change the form of payment of payment made on or after January      1, 2008 and on or before December 31, 2008 may apply only to amounts that      would not otherwise be payable in 2008 and may not cause an amount to be      paid in 2008 that would not otherwise be payable in  2008. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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