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                                                                   EXHIBIT 10.14

                   BON-TON DEFERRED COMPENSATION PLAN DOCUMENT

                                TABLE OF CONTENTS

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Article                                                           Page
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1.    Purpose of the Plan......................................    1

2.    Definitions..............................................    1

3.    Participation............................................    2

4.    Deferrals and Company Contributions......................    3

5.    Maintenance of Accounts..................................    4

6.    Payment of Benefits......................................    5

7.    Amendment or Termination.................................    6

8.    General Provisions.......................................    7
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                         ARTICLE 1. PURPOSE OF THE PLAN

This Plan has been authorized by the Board of Directors to be effective on and
after July 1, 1994, and is intended to promote contributions by a select group
of management or highly compensated employees of the Company by providing such
individuals with an opportunity to defer a portion of compensation they may
receive as base salary or as a bonus under a bonus program maintained by the
Company. The Plan is unfunded.

                             ARTICLE 2. DEFINITIONS

2.01  "ACCOUNT" shall mean the bookkeeping account maintained for each
      Participant to record the amount of Base Salary and/or Bonus such
      participant has elected to defer pursuant to Article 4, and the Company
      contribution, if any and as provided in Section 4.03, all as adjusted
      pursuant to Article 5.

2.02  "ADMINISTRATIVE COMMITTEE" shall mean the committee established by the HR
      Compensation Committee with the responsibilities set forth in this Plan.

2.03  "AFFILIATED COMPANY" shall mean any company, corporation or business
      directly or indirectly controlled by the Company, whether or not such
      company, corporation or business participates in the Plan.

2.04  "BASE SALARY" shall mean the Participant's annual fixed compensation paid
      periodically during the calendar year, including allowances but excluding
      any Bonus or other form of special pay.

2.05  "BENEFICIARY" shall mean one or more beneficiaries or contingent
      beneficiaries designated by a Participant pursuant to Section 6.06.

2.06  "BONUS" shall mean the amount, if any, of cash awarded to an employee of
      the Company under the Company's performance bonus program, a "guaranteed"
      performance bonus or other bonus approved by the HR Compensation
      Committee. Excluded from the "bonus" determination shall include payments
      designated for the purpose of retention, relocation or as a sign-on bonus.

2.07  "CHANGE OF CONTROL" shall be as defined in the 2000 Amended and Restated
      Stock Option and Restricted Stock Plan of the Company, or any successor
      plan thereof.

2.08  "COMPANY" shall mean Bon-Ton Department Stores, Inc., a Pennsylvania
      corporation.

2.09  "COMPENSATION COMMITTEE" shall mean the Human Resources/Compensation
      Committee of the Board of Directors of the Company.

2.10  "DEFERRAL AGREEMENT" shall mean the completed agreement, including any
      amendments, attachments and appendices thereto, in such form approved by
      the Plan Administrator, between an Eligible Executive and the Company,
      under which the Eligible Executive agrees to defer Base Salary and/or a
      Bonus under the Plan.

2.11  "EFFECTIVE DATE" shall mean July 1, 1994, the effective date of the Plan.

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2.12  "ELIGIBLE EXECUTIVE" shall mean an employee of the Company designated as
      eligible to participate in this Plan by the Compensation Committee.

2.13  "PARTICIPANT" shall mean, except as otherwise provided in Article 3, each
      Eligible Executive who has executed a Deferral Agreement pursuant to the
      requirements of Section 3.01.

2.14  "PLAN" shall mean the Deferred Compensation Plan for Bon-Ton Department
      Stores, Inc. as set forth in this document, as it may be amended from time
      to time.

2.15  "PLAN ADMINISTRATOR" shall mean the individual(s) appointed by the
      Administrative Committee with the responsibilities set forth in this Plan.

2.16  "PLAN YEAR" shall mean the calendar year, except that the 1994 Plan Year
      shall begin on the Effective Date and continue to the succeeding December
      31.

2.17  "SAVINGS PLAN" shall mean Bon-Ton Stores, Inc. Retirement Contribution
      Plan.

2.18  "VALUATION DATE" shall mean the last business day of each calendar quarter
      following the Effective Date, or such other day as the Plan Administrator
      may determine.

                            ARTICLE 3. PARTICIPATION

3.01  IN GENERAL

      a.    An Eligible Executive shall become a Participant as of the date such
            Eligible Executive first files a Deferral Agreement with the Plan
            Administrator, provided however, such Deferral Agreement shall be
            effective for purposes of deferring Base Salary or cash Bonus only
            as provided in Article 4.

      b.    The Deferral Agreement shall be in writing and be properly completed
            upon a form approved by the Plan Administrator who shall be the sole
            judge of the proper completion thereof. Such Deferral Agreement
            shall provide, subject to the limitation specified in Section
            4.02(a), for the deferral of a portion of Base Salary or all or any
            portion of cash Bonus and for an investment election as provided in
            Section 5.01. The Deferral Agreement shall include such other
            provisions as the Administrative Committee deems appropriate.

3.02  TERMINATION OF PARTICIPATION; RE-EMPLOYMENT

      a.    Participation shall cease upon a Participant's termination of
            employment with the Company except to the extent otherwise provided
            in Section 6.02.

      b.    If a former Participant whose participation in the Plan ceased under
            Section 3.02(a) is re-employed as an Eligible Executive, the former
            Participant may again become a Participant in accordance with the
            provisions of Section 3.01.

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                 ARTICLE 4. DEFERRALS AND COMPANY CONTRIBUTIONS

4.01  FILING REQUIREMENTS

      a.    Annual Elections

            1.    Prior to the close of business on December 31 in any Plan
                  Year, an Eligible Executive may elect, subject to the limits
                  of Section 4.02(a) below, to defer a portion of Base Salary
                  that is otherwise earned and payable in the succeeding Plan
                  Year or cash Bonus earned in the succeeding Plan Year (and
                  paid in the year following) by filing a Deferral Agreement
                  with the Plan Administrator.

            2.    The Plan Administrator may designate an earlier election date.
                  If December 31 does not fall on a business day, such filing
                  must be made by the close of business on the last prior
                  business day.

            3.    If an employee becomes an Eligible Executive on or after
                  January 1 in any Plan Year, he may elect to defer Base Salary
                  or cash Bonus for that year by filing a Deferral Agreement
                  with the Plan Administrator prior to the close of business on
                  the thirtieth business day following the date he becomes an
                  Eligible Executive; provided, however, that cash Bonus may be
                  deferred only if the amount of Bonus for that Plan Year has
                  not already been determined by appropriate action of the Board
                  of Directors and Base Salary may be deferred only to the
                  extent it has not yet become earned and payable.

            4.    Upon written notification to an Eligible Executive by the Plan
                  Administrator, an election may be required in advance of the
                  dates indicated above, but may not be accepted by the Plan
                  Administrator if delivered later than the dates indicated
                  above.

            5.    Notwithstanding any other provision to the contrary, an
                  election to defer any part of Base Salary payable in the 1994
                  Plan Year shall be made within 30 days from the Effective Date
                  and shall apply to Base Salary earned and payable after July
                  31, 1994.

      b.    A Participant's election to defer Base Salary or cash Bonus for any
            Plan Year shall become irrevocable on the last day the deferral of
            such Base Salary or cash Bonus may be elected under Section 4.01(a).
            A Participant may revoke or change his election to defer Base Salary
            or cash Bonus at any time prior to the date the election becomes
            irrevocable. Any such revocation or change shall be made in a form
            and manner determined by the Plan Administrator.

      c.    Except as to a Participant who becomes an Eligible Employee on or
            after January 1 of the then current Plan Year, a Participant's
            Deferral Agreement shall apply only with respect to Base Salary
            earned and payable in the Plan Year following the Plan Year in which
            the Deferral Agreement is filed with the Plan Administrator under
            Section 4.01(a). A Participant's Deferral Agreement shall only apply
            to cash Bonus earned in a full plan year after the Deferral
            Agreement is filed with the Plan Administrator under Section
            4.01(a). An Eligible Executive must file, in accordance with the
            provisions of Section 4.01(a), a new deferral Agreement for each
            Plan Year the Eligible Executive desires to defer Base Salary or
            cash Bonus.

      d.    Notwithstanding anything in this Plan to the contrary, if an
            Eligible Executive

            1.    receives a withdrawal on account of hardship from any plan
                  maintained by the Company which meets the requirements of
                  Section 401(k) of the Internal Revenue Code (or any successor
                  thereto), and

            2.    is precluded from making contributions to such 401(k) plan for
                  at least 6 months after receipt of the hardship withdrawal,

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      no amounts shall be deferred under this Plan pursuant to the Eligible
      Executive's Deferral Agreements until such time as the Eligible Executive
      is again permitted to contribute to such 401(k) plan. Any Base Salary or
      cash Bonus payment which would have been deferred pursuant to a Deferral
      Agreement but for the application of this Section 4.01(d) shall be paid to
      the Eligible Executive as if he had not entered into a Deferral Agreement.

4.02  AMOUNT AND TIMING OF DEFERRAL

   a. An Eligible Executive who is designated an Officer of the Company by the
      Compensation Committee may defer up to 20% of Base Salary, provided the
      minimum deferral of Base Salary shall not be less than $5,000. Any
      Eligible Executive may defer up to 100% of cash Bonus, provided the
      minimum deferral election of cash Bonus shall not be less than $1,000. Any
      deferral of Base Salary or cash Bonus shall, as to amount, either be in
      whole percentages or in increments of $1,000. All deferrals must be made
      in full calendar years and must be deferred to not earlier than the third
      January 1 succeeding the date the Base Salary or cash Bonus deferred would
      otherwise first be payable.

   b. The Administrative Committee may establish such other maximum or minimum
      limits on the amount of Base Salary or cash Bonus which may be deferred or
      the timing of such deferral. Eligible Executives shall be given written
      notice of any such limits at least ten business days prior to the date
      they take effect.

4.03  AMOUNT OF COMPANY CONTRIBUTION

      Each Participant's Account may be credited with an additional amount equal
      to the difference between the amount of the contribution the Company would
      have made to such participant for that Plan Year under Section 4(e) of the
      Savings Plan but for the Participant's deferral of compensation under this
      Plan and the amount actually contributed by the Company to such
      Participant under Section 4(e) of the Savings Plan for that Plan Year. The
      Company contribution pursuant to this Section 4.03 shall be credited to
      such Participant's Account on the first day of the month following the
      Company's contribution to Participant's Savings Plan.

4.04  CREDITING TO ACCOUNT

      The amount of Base Salary or cash Bonus which a Participant has elected to
      defer pursuant to Section 4.02 shall be credited to such Participant's
      Account no later than the first business day of the first calendar month
      following the date the Base Salary or cash Bonus would have been paid to
      the Participant in the absence of a Deferral Agreement.

4.05  VESTING

      A Participant shall at all times be 100% vested in his Account.

                       ARTICLE 5. MAINTENANCE OF ACCOUNTS

5.01  INTEREST ON ACCOUNTS

      The Company shall credit the Accounts with interest computed as follows:
      Each Participant shall elect in his Deferral Agreement to have the amounts
      credited to his Account indexed to the Balanced Fund and/or the Bond
      (Fixed Income) Fund offered under the Savings Plan, or the successor to
      either under the Savings Plan, provided, however, that if the Participant
      shall elect to have a portion indexed to each, such

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      apportionment must be in whole percentage increments. Such earnings and
      losses shall be net of fund expenses.

      The Participant may change his election to index to either the Balanced
      Fund or the Bond Fund, as to the amounts then credited to his Account
      and/or future deferrals, by filing an appropriate written notice with the
      Plan Administrator pursuant to the same rules in effect concerning the
      change of investment elections under the Savings Plan. If a Participant
      fails to make an election under this Section 5.01, he shall be deemed to
      have elected to have indexed his Account to the Bond Fund.

5.02  INDIVIDUAL ACCOUNTS

      The Plan Administrator shall maintain, or cause to be maintained, records
      showing the balance of each Participant's Account. On or about March 1 and
      September 1 of each year, each Participant shall be furnished with a
      statement setting forth the value of his Account.

5.03  VALUATION OF ACCOUNTS

   a. The Plan Administrator shall value or cause to be valued each
      Participant's Account at least quarterly. On each Valuation Date there
      shall be allocated to the Account of each Participant the appropriate
      amount determined in accordance with Section 5.01.

   b. Whenever an event requires a determination of the value of a Participant's
      Account, the value shall be computed as of the Valuation Date coincident
      with, or immediately following, the date of the event.

                         ARTICLE 6. PAYMENT OF BENEFITS

6.01  COMMENCEMENT OF PAYMENT

      Except as otherwise provided in this Article 6, a Participant's Account
      shall be distributed in cash in a single sum as soon as practicable after
      the Valuation Date coincident with or immediately following the earliest
      of (a) the date(s) the Participant elects to have such Account paid to
      him; provided, however, in no event shall any such amount be payable
      within three years of the January 1 of the Plan Year during which such
      compensation was deferred; (b) the date the employment of the Participant
      by the Company is terminated; or (c) the date of a Change of Control of
      the Company. Distributions are subject to pending regulations from the IRS
      regarding code section 409A.

6.02  PAYMENT ON RETIREMENT

      Notwithstanding the foregoing, if a Participant terminates employment due
      to retirement, he may elect, in lieu of a single sum payment, to receive
      distribution of his Account in annual installments over a period not to
      exceed fifteen years, provided, however, any such election must be made at
      least two years prior to the Participant's retirement date. Any such
      election shall supersede any prior election as to payment of the Account.
      If such election is not so made, a single sum payment shall be made. The
      amount of each annual installment shall equal the balance in his Account
      as of the Valuation Date coincident with or next preceding the date of
      each payment, divided by the remaining number of installments payable. As
      used in this Section 6.02, retirement shall mean normal retirement at age
      65 or early retirement at not earlier than age 55 with five years of
      continuous service as an Officer with the Company.

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6.03  PAYMENT ON DEATH

      Except with respect to payments made pursuant to Section 6.04, if a
      Participant dies prior to receiving full payment of his Account, the
      remaining amount in his Account shall be payable in cash in a single sum
      to his Beneficiary as soon as practicable after the Valuation Date
      coincident with or next following his death.

6.04  PAYMENT ON VOLUNTARY TERMINATION

      If a Participant shall voluntarily terminate his employment with the
      Company, the Administrative Committee may elect, in lieu of a single sum
      payment, to pay the Account in annual installments over a period not to
      exceed three years. The amount of each annual installment shall equal the
      balance in his Account as of the Valuation Date coincident with or next
      preceding the date of each payment divided by the remaining number of
      installments payable.

6.05  HARDSHIP PAYMENTS

   a. While employed by the Company, a Participant may, in the event of a severe
      financial hardship, request a withdrawal from his Account. The request
      shall be made in a time and manner determined by the Administrative
      Committee, shall not be for a greater amount than the amount required to
      meet the financial hardship, and shall be subject to approval by the
      Administrative Committee, which approval shall be at the sole discretion
      of the Administrative Committee.

   b. For purposes of this Section 6.05, financial hardship shall include:

            1.    sudden or unexpected illness or accident of the Participant or
                  of a dependent of the Participant;

            2.    loss of the Participant's property due to a casualty or other
                  extraordinary circumstances arising as a result of events
                  beyond the control of the Participant;

            3.    any other extraordinary circumstances of the Participant if
                  such circumstances would result in a present or impending
                  critical financial need which the Participant is unable to
                  satisfy with funds reasonably available from other sources.

   c. Except as otherwise provided in this Article 6, no portion of a
      Participant's Account may be withdrawn prior to the date the Participant
      elected in the Deferral Agreement.

6.06  DESIGNATION OF BENEFICIARY

      A Participant may, in a time and manner determined by the Plan
      Administrator, designate a Beneficiary (which may include the
      Participant's estate) to receive any benefits which may be payable under
      this Plan upon his death. If the Participant fails to designate a
      Beneficiary, or if the Beneficiary fails to survive the Participant, such
      benefits shall be paid to the Participant's estate. A Participant may
      revoke or change any designation made under this Section 6.06 in a time
      and manner determined by the Plan Administrator.

                       ARTICLE 7. AMENDMENT OR TERMINATION

7.01  RIGHT TO TERMINATE

      The Company may, by action of the Compensation Committee, terminate this
      Plan and the related Deferral Agreements at any time. In the event the
      Plan and related Deferral Agreements are terminated, each Participant or
      Beneficiary shall receive a single sum payment in cash equal to the
      balance of his Account. The single sum payment shall be made as soon as
      practicable following the date the Plan is terminated and

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      shall be in lieu of any other benefit which may be payable to the
      Participant or Beneficiary under this Plan.

7.02  RIGHT TO AMEND

      The Company may, by action of the Compensation Committee, amend this Plan
      and the related Deferral Agreements in any way on 30 days prior notice to
      the Participants. If any amendment to this Plan or to the Deferral
      Agreements shall adversely affect the rights of a Participant, such
      Participant must consent in writing to such amendment prior to its
      effective date. If such Participant does not consent to the amendment, the
      Plan and related Deferral Agreements shall be deemed terminated with
      respect to such Participant and he shall receive a single sum payment of
      his Account in cash as soon thereafter as is practicable. Notwithstanding
      the foregoing, a change in any investment index options under Section
      5.01, or the imposition of additional limits upon future deferral
      elections shall not be deemed to adversely affect any Participant's
      rights.

                          ARTICLE 8. GENERAL PROVISIONS

8.01  ADMINISTRATION

   a. This Plan shall be administered by the Plan Administrator appointed by the
      Administrative Committee. The Administrative Committee shall establish
      rules for the administration of the Plan and shall have discretionary
      authority to interpret and construe the Plan. The Plan Administrator shall
      take any other action necessary to the proper operation of the Plan.

   b. Prior to paying any benefit under this Plan, the Plan Administrator may
      require the Participant or Beneficiary to provide such information or
      material as the Plan Administrator, in his sole discretion, shall deem
      necessary to make any determination he may be required to make under this
      Plan. The Plan Administrator may withhold payment of any benefit under
      this Plan until he receives all such information and material and is
      reasonably satisfied of its accuracy.

   c. Any disputes between a Participant or Beneficiary and the Plan
      Administrator shall be subject to resolution by determination of the
      Administrative Committee.

   d. All acts and decisions of the Administrative Committee shall be final and
      binding upon all Participants, former Participants, Beneficiaries, and
      employees of the Company.

8.02  NO FUNDING

      Nothing contained in this Plan or in a Deferral Agreement shall require
      the Company to segregate any monies from its general funds, or to create
      any trusts, or to make any special deposits for any amounts to be paid to
      any Participant, former Participant or Beneficiary. Neither a Participant,
      former Participant, Beneficiary, or their heirs or personal
      representatives, shall have any right, title or interest in or to any
      funds of the Company on account of this Plan or on account of having
      completed a Deferral Agreement.

8.03  NO CONTRACT OF EMPLOYMENT

      The existence of this Plan or of a Deferral Agreement does not constitute
      a contract for continued employment between an Eligible Executive or a
      Participant and the Company. Except as otherwise limited by the terms of
      any valid employment contract or agreement entered into between the
      Company and an Eligible Executive or Participant, the Company reserves the
      right to modify an Eligible Executive's or Participant's remuneration and
      to terminate an Eligible Executive or a Participant for any reason and at
      any

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      time, not with standing the existence of this Plan or of a Deferral
      Agreement.

8.04  WITHHOLDING TAXES

      All payments under this Plan shall be net of an amount sufficient to
      satisfy any federal, state or local withholding tax requirements.

8.05  NONALIENATION

      The right to receive any benefit under this Plan may not be transferred,
      assigned, pledged or encumbered by a Participant, former Participant, or
      Beneficiary in any manner and any attempt to do so shall be void. No such
      benefit shall be subject to garnishment, attachment or other legal or
      equitable process without the prior written consent of the Company.

8.06  CLAIMS PROCEDURE

      The Plan Administrator shall provide adequate notice in writing to any
      Participant, former Participant or Beneficiary whose claim for a
      withdrawal or payment under this Plan has been denied, setting forth the
      specific reasons for such denial. A reasonable opportunity shall be
      afforded to any such Participant, former Participant or Beneficiary for a
      full and fair review by the Administrative Committee of a decision denying
      the claim. The Administrative Committee's decision on any such review
      shall be final and binding on the Participant, former Participant or
      Beneficiary and all other interested persons.

8.07  FACILITY OF PAYMENT

      In the event the Administrative Committee shall find that a Participant or
      his Beneficiary is unable to care for his affairs because of illness or
      accident, the Administrative Committee may direct that any benefit payment
      due, unless claim shall have been made therefore by a duly appointed legal
      representative, be paid to his spouse, a child, a parent or other blood
      relative, or to a person with whom he resides, and any such payment so
      made shall be a complete discharge of the liabilities of the Plan and/or
      the Company therefore.

8.08  LIMITATION OF LIABILITY

      The Company, the members of the Compensation Committee and of the
      Administrative Committee, the Plan Administrator, and any officer,
      employee or agent of the Company shall not incur any liability
      individually or on behalf of any other individuals or on behalf of the
      Company for any act or failure to act made in good faith in relation to
      this Plan.

8.09  INDEMNIFICATION

      The members of the Compensation Committee and of the Administrative
      Committee, the Plan Administrator, and the officers, employees and agents
      of the Company shall, unless prohibited by any applicable law, be
      indemnified by the Company against any and all liabilities arising by
      reason of any act, or failure to act, in relation to the Plan including,
      without limitation, expenses reasonably incurred in the defense of any
      claim relating to the Plan, amounts paid in any compromise or settlement
      relating to the Plan and any civil penalty or excise tax imposed by any
      applicable statute, if:

   a. the act or failure to act shall have occurred

            1.    in the course of the person's service as an officer, employee
                  or agent of the Company or as a member of the Compensation
                  Committee or of the Administrative Committee or as the Plan
                  Administrator, or

            2.    in connection with a service provided with or without charge
                  to the Plan or to the Participants or

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                  Beneficiaries of the Plan, if such service was requested by
                  the Compensation Committee or the Administrative Committee or
                  the Plan Administrator, and

   b. the act or failure to act was made in good faith. This determination shall
      be made by the Company and shall be conclusive.

      The foregoing indemnification shall be from the assets of the Company.
      However, the Company's obligation hereunder shall be offset to the extent
      of any otherwise applicable insurance coverage under a policy maintained
      by the Company or any other person, or other source of indemnification.

8.10  PAYMENT OF EXPENSES

      All administrative expenses of the Plan and all benefits under the Plan
      shall be paid from the general assets of the Company.

8.11  CONSTRUCTION

   a. The Plan is intended to constitute an unfunded deferred compensation
      arrangement for a select group of management or highly compensated
      personnel. All rights hereunder shall be governed by and construed in
      accordance with the Employee Retirement Income Security Act of 1974, as
      amended, and the laws of the Commonwealth of Pennsylvania.

   b. The masculine pronoun shall mean the feminine wherever appropriate.

   c. The captions inserted in the Plan are inserted as a matter of convenience
      and shall not affect the construction of the Plan.

IN WITNESS WHEREOF, Bon-Ton Department Stores, Inc. has caused this Plan to be
amended this 15th day of March, 2005.

                                          BON-TON DEPARTMENT STORES, INC.

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